id	sid	tid	token	lemma	pos
esutjss-245	1	1	volume	volume	NOUN
esutjss-245	1	2	9	9	NUM
esutjss-245	1	3	number	number	NOUN
esutjss-245	1	4	2	2	NUM
esutjss-245	1	5	,	,	PUNCT
esutjss-245	1	6	2024	2024	NUM
esutjss-245	1	7	faculty	faculty	NOUN
esutjss-245	1	8	of	of	ADP
esutjss-245	1	9	social	social	ADJ
esutjss-245	1	10	sciences	science	NOUN
esutjss-245	1	11	,	,	PUNCT
esutjss-245	1	12	enugu	enugu	PROPN
esutjss-245	1	13	state	state	PROPN
esutjss-245	1	14	university	university	PROPN
esutjss-245	1	15	of	of	ADP
esutjss-245	1	16	science	science	NOUN
esutjss-245	1	17	and	and	CCONJ
esutjss-245	1	18	technology	technology	NOUN
esutjss-245	1	19	editor	editor	NOUN
esutjss-245	1	20	-	-	PUNCT
esutjss-245	1	21	in	in	ADP
esutjss-245	1	22	-	-	PUNCT
esutjss-245	1	23	chief	chief	NOUN
esutjss-245	1	24	prof	prof	NOUN
esutjss-245	1	25	.	.	PUNCT
esutjss-245	2	1	nicholas	nicholas	PROPN
esutjss-245	2	2	attamah	attamah	VERB
esutjss-245	2	3	managing	manage	VERB
esutjss-245	2	4	editor	editor	NOUN
esutjss-245	2	5	prof	prof	PROPN
esutjss-245	2	6	.	.	PUNCT
esutjss-245	3	1	barnabas	barnabas	PROPN
esutjss-245	3	2	nwankwo	nwankwo	PROPN
esutjss-245	3	3	published	publish	VERB
esutjss-245	3	4	by	by	ADP
esutjss-245	3	5	enugu	enugu	PROPN
esutjss-245	3	6	state	state	PROPN
esutjss-245	3	7	university	university	PROPN
esutjss-245	3	8	of	of	ADP
esutjss-245	3	9	science	science	PROPN
esutjss-245	3	10	&	&	CCONJ
esutjss-245	3	11	technology	technology	PROPN
esutjss-245	3	12	journal	journal	NOUN
esutjss-245	3	13	of	of	ADP
esutjss-245	3	14	social	social	PROPN
esutjss-245	3	15	sciences	sciences	PROPN
esutjss-245	3	16	&	&	CCONJ
esutjss-245	3	17	humanities	humanity	NOUN
esutjss-245	3	18	565	565	NUM
esutjss-245	3	19	effect	effect	NOUN
esutjss-245	3	20	of	of	ADP
esutjss-245	3	21	firms	firm	NOUN
esutjss-245	3	22	attributes	attribute	VERB
esutjss-245	3	23	on	on	ADP
esutjss-245	3	24	financial	financial	ADJ
esutjss-245	3	25	performance	performance	NOUN
esutjss-245	3	26	of	of	ADP
esutjss-245	3	27	listed	list	VERB
esutjss-245	3	28	industrial	industrial	ADJ
esutjss-245	3	29	goods	good	NOUN
esutjss-245	3	30	firms	firm	NOUN
esutjss-245	3	31	in	in	ADP
esutjss-245	3	32	nigeria	nigeria	PROPN
esutjss-245	3	33	eneh	eneh	PROPN
esutjss-245	3	34	,	,	PUNCT
esutjss-245	3	35	catherine	catherine	PROPN
esutjss-245	3	36	amoge	amoge	PROPN
esutjss-245	3	37	agu	agu	PROPN
esutjss-245	3	38	,	,	PUNCT
esutjss-245	3	39	charles	charles	PROPN
esutjss-245	3	40	ikechukwu	ikechukwu	PROPN
esutjss-245	3	41	nwankwo	nwankwo	PROPN
esutjss-245	3	42	,	,	PUNCT
esutjss-245	3	43	bobby	bobby	PROPN
esutjss-245	3	44	godwin	godwin	PROPN
esutjss-245	3	45	ogbogu	ogbogu	PROPN
esutjss-245	3	46	agbachi	agbachi	PROPN
esutjss-245	3	47	,	,	PUNCT
esutjss-245	3	48	vincent	vincent	PROPN
esutjss-245	3	49	onyeneke	onyeneke	PROPN
esutjss-245	3	50	department	department	PROPN
esutjss-245	3	51	of	of	ADP
esutjss-245	3	52	accounting	accounting	PROPN
esutjss-245	3	53	caritas	caritas	PROPN
esutjss-245	3	54	university	university	PROPN
esutjss-245	3	55	enugu	enugu	PROPN
esutjss-245	3	56	catherineeneh1972@gmail.com	catherineeneh1972@gmail.com	PROPN
esutjss-245	4	1	abstract	abstract	ADJ
esutjss-245	4	2	the	the	DET
esutjss-245	4	3	main	main	ADJ
esutjss-245	4	4	objective	objective	NOUN
esutjss-245	4	5	of	of	ADP
esutjss-245	4	6	the	the	DET
esutjss-245	4	7	study	study	NOUN
esutjss-245	4	8	is	be	AUX
esutjss-245	4	9	to	to	PART
esutjss-245	4	10	examine	examine	VERB
esutjss-245	4	11	the	the	DET
esutjss-245	4	12	extent	extent	NOUN
esutjss-245	4	13	to	to	PART
esutjss-245	4	14	which	which	PRON
esutjss-245	4	15	firm	firm	ADJ
esutjss-245	4	16	attribute	attribute	NOUN
esutjss-245	4	17	affects	affect	VERB
esutjss-245	4	18	financial	financial	ADJ
esutjss-245	4	19	performance	performance	NOUN
esutjss-245	4	20	of	of	ADP
esutjss-245	4	21	listed	list	VERB
esutjss-245	4	22	industrial	industrial	ADJ
esutjss-245	4	23	goods	good	NOUN
esutjss-245	4	24	firm	firm	NOUN
esutjss-245	4	25	in	in	ADP
esutjss-245	4	26	nigeria	nigeria	PROPN
esutjss-245	4	27	.	.	PUNCT
esutjss-245	5	1	the	the	DET
esutjss-245	5	2	study	study	NOUN
esutjss-245	5	3	specifically	specifically	ADV
esutjss-245	5	4	determined	determine	VERB
esutjss-245	5	5	the	the	DET
esutjss-245	5	6	extent	extent	NOUN
esutjss-245	5	7	to	to	PART
esutjss-245	5	8	which	which	PRON
esutjss-245	5	9	firm	firm	ADJ
esutjss-245	5	10	size	size	NOUN
esutjss-245	5	11	,	,	PUNCT
esutjss-245	5	12	firm	firm	ADJ
esutjss-245	5	13	liquidity	liquidity	NOUN
esutjss-245	5	14	,	,	PUNCT
esutjss-245	5	15	firm	firm	ADJ
esutjss-245	5	16	leverage	leverage	NOUN
esutjss-245	5	17	affect	affect	VERB
esutjss-245	5	18	net	net	ADJ
esutjss-245	5	19	profit	profit	NOUN
esutjss-245	5	20	margin	margin	NOUN
esutjss-245	5	21	of	of	ADP
esutjss-245	5	22	industrial	industrial	ADJ
esutjss-245	5	23	goods	good	NOUN
esutjss-245	5	24	firm	firm	NOUN
esutjss-245	5	25	in	in	ADP
esutjss-245	5	26	nigeria	nigeria	PROPN
esutjss-245	5	27	.	.	PUNCT
esutjss-245	6	1	the	the	DET
esutjss-245	6	2	study	study	NOUN
esutjss-245	6	3	adopted	adopt	VERB
esutjss-245	6	4	the	the	DET
esutjss-245	6	5	ex	ex	NOUN
esutjss-245	6	6	-	-	ADJ
esutjss-245	6	7	post	post	ADJ
esutjss-245	6	8	facto	facto	X
esutjss-245	6	9	research	research	NOUN
esutjss-245	6	10	design	design	NOUN
esutjss-245	6	11	.	.	PUNCT
esutjss-245	7	1	secondary	secondary	ADJ
esutjss-245	7	2	data	datum	NOUN
esutjss-245	7	3	was	be	AUX
esutjss-245	7	4	sourced	source	VERB
esutjss-245	7	5	from	from	ADP
esutjss-245	7	6	the	the	DET
esutjss-245	7	7	annual	annual	ADJ
esutjss-245	7	8	reports	report	NOUN
esutjss-245	7	9	of	of	ADP
esutjss-245	7	10	the	the	DET
esutjss-245	7	11	sampled	sample	VERB
esutjss-245	7	12	of	of	ADP
esutjss-245	7	13	five	five	NUM
esutjss-245	7	14	industrial	industrial	ADJ
esutjss-245	7	15	goods	good	NOUN
esutjss-245	7	16	firms	firm	NOUN
esutjss-245	7	17	for	for	ADP
esutjss-245	7	18	a	a	DET
esutjss-245	7	19	ten	ten	NUM
esutjss-245	7	20	(	(	PUNCT
esutjss-245	7	21	10	10	NUM
esutjss-245	7	22	)	)	PUNCT
esutjss-245	7	23	year	year	NOUN
esutjss-245	7	24	period	period	NOUN
esutjss-245	7	25	,	,	PUNCT
esutjss-245	7	26	spanning	span	VERB
esutjss-245	7	27	2014	2014	NUM
esutjss-245	7	28	to	to	ADP
esutjss-245	7	29	2023	2023	NUM
esutjss-245	7	30	.	.	PUNCT
esutjss-245	8	1	the	the	DET
esutjss-245	8	2	data	datum	NOUN
esutjss-245	8	3	collected	collect	VERB
esutjss-245	8	4	were	be	AUX
esutjss-245	8	5	analyzed	analyze	VERB
esutjss-245	8	6	using	use	VERB
esutjss-245	8	7	descriptive	descriptive	ADJ
esutjss-245	8	8	analysis	analysis	NOUN
esutjss-245	8	9	and	and	CCONJ
esutjss-245	8	10	multiple	multiple	ADJ
esutjss-245	8	11	regression	regression	NOUN
esutjss-245	8	12	analysis	analysis	NOUN
esutjss-245	8	13	.	.	PUNCT
esutjss-245	9	1	the	the	DET
esutjss-245	9	2	findings	finding	NOUN
esutjss-245	9	3	of	of	ADP
esutjss-245	9	4	the	the	DET
esutjss-245	9	5	study	study	NOUN
esutjss-245	9	6	include	include	VERB
esutjss-245	9	7	:	:	PUNCT
esutjss-245	9	8	firm	firm	ADJ
esutjss-245	9	9	size	size	NOUN
esutjss-245	9	10	have	have	VERB
esutjss-245	9	11	a	a	DET
esutjss-245	9	12	positive	positive	ADJ
esutjss-245	9	13	and	and	CCONJ
esutjss-245	9	14	significant	significant	ADJ
esutjss-245	9	15	effect	effect	NOUN
esutjss-245	9	16	on	on	ADP
esutjss-245	9	17	the	the	DET
esutjss-245	9	18	net	net	ADJ
esutjss-245	9	19	profit	profit	NOUN
esutjss-245	9	20	margin	margin	NOUN
esutjss-245	9	21	of	of	ADP
esutjss-245	9	22	listed	list	VERB
esutjss-245	9	23	industrial	industrial	ADJ
esutjss-245	9	24	goods	good	NOUN
esutjss-245	9	25	firms	firm	NOUN
esutjss-245	9	26	in	in	ADP
esutjss-245	9	27	nigeria	nigeria	PROPN
esutjss-245	9	28	(	(	PUNCT
esutjss-245	9	29	β	β	X
esutjss-245	9	30	=	=	SYM
esutjss-245	9	31	2.1528	2.1528	NUM
esutjss-245	9	32	;	;	PUNCT
esutjss-245	9	33	p	p	X
esutjss-245	9	34	-	-	PUNCT
esutjss-245	9	35	value	value	NOUN
esutjss-245	9	36	=	=	PROPN
esutjss-245	9	37	0.0366	0.0366	NUM
esutjss-245	9	38	)	)	PUNCT
esutjss-245	9	39	;	;	PUNCT
esutjss-245	9	40	firm	firm	ADJ
esutjss-245	9	41	liquidity	liquidity	NOUN
esutjss-245	9	42	have	have	VERB
esutjss-245	9	43	a	a	DET
esutjss-245	9	44	negative	negative	ADJ
esutjss-245	9	45	non	non	ADJ
esutjss-245	9	46	-	-	ADJ
esutjss-245	9	47	significant	significant	ADJ
esutjss-245	9	48	effect	effect	NOUN
esutjss-245	9	49	on	on	ADP
esutjss-245	9	50	the	the	DET
esutjss-245	9	51	net	net	ADJ
esutjss-245	9	52	profit	profit	NOUN
esutjss-245	9	53	margin	margin	NOUN
esutjss-245	9	54	of	of	ADP
esutjss-245	9	55	listed	list	VERB
esutjss-245	9	56	industrial	industrial	ADJ
esutjss-245	9	57	goods	good	NOUN
esutjss-245	9	58	firms	firm	NOUN
esutjss-245	9	59	in	in	ADP
esutjss-245	9	60	nigeria	nigeria	PROPN
esutjss-245	9	61	(	(	PUNCT
esutjss-245	9	62	β	β	X
esutjss-245	9	63	=	=	SYM
esutjss-245	9	64	1.0242	1.0242	NUM
esutjss-245	9	65	;	;	PUNCT
esutjss-245	9	66	p	p	X
esutjss-245	9	67	-	-	PUNCT
esutjss-245	9	68	value	value	NOUN
esutjss-245	9	69	=	=	SYM
esutjss-245	9	70	0.3111	0.3111	NUM
esutjss-245	9	71	)	)	PUNCT
esutjss-245	9	72	;	;	PUNCT
esutjss-245	9	73	firm	firm	ADJ
esutjss-245	9	74	leverage	leverage	NOUN
esutjss-245	9	75	have	have	VERB
esutjss-245	9	76	a	a	DET
esutjss-245	9	77	negative	negative	ADJ
esutjss-245	9	78	non	non	ADJ
esutjss-245	9	79	-	-	ADJ
esutjss-245	9	80	significant	significant	ADJ
esutjss-245	9	81	effect	effect	NOUN
esutjss-245	9	82	on	on	ADP
esutjss-245	9	83	the	the	DET
esutjss-245	9	84	net	net	ADJ
esutjss-245	9	85	profit	profit	NOUN
esutjss-245	9	86	margin	margin	NOUN
esutjss-245	9	87	of	of	ADP
esutjss-245	9	88	listed	list	VERB
esutjss-245	9	89	industrial	industrial	ADJ
esutjss-245	9	90	goods	good	NOUN
esutjss-245	9	91	firms	firm	NOUN
esutjss-245	9	92	in	in	ADP
esutjss-245	9	93	nigeria	nigeria	PROPN
esutjss-245	9	94	(	(	PUNCT
esutjss-245	9	95	β	β	X
esutjss-245	9	96	=	=	SYM
esutjss-245	9	97	-1.1066	-1.1066	NOUN
esutjss-245	9	98	;	;	PUNCT
esutjss-245	9	99	p	p	X
esutjss-245	9	100	-	-	PUNCT
esutjss-245	9	101	value	value	NOUN
esutjss-245	9	102	=	=	NOUN
esutjss-245	9	103	0.2742	0.2742	NUM
esutjss-245	9	104	)	)	PUNCT
esutjss-245	9	105	.	.	PUNCT
esutjss-245	10	1	in	in	ADP
esutjss-245	10	2	conclusion	conclusion	NOUN
esutjss-245	10	3	,	,	PUNCT
esutjss-245	10	4	the	the	DET
esutjss-245	10	5	goal	goal	NOUN
esutjss-245	10	6	of	of	ADP
esutjss-245	10	7	developing	develop	VERB
esutjss-245	10	8	firm	firm	ADJ
esutjss-245	10	9	attribute	attribute	NOUN
esutjss-245	10	10	is	be	AUX
esutjss-245	10	11	to	to	PART
esutjss-245	10	12	create	create	VERB
esutjss-245	10	13	a	a	DET
esutjss-245	10	14	strong	strong	ADJ
esutjss-245	10	15	and	and	CCONJ
esutjss-245	10	16	distinctive	distinctive	ADJ
esutjss-245	10	17	identity	identity	NOUN
esutjss-245	10	18	for	for	ADP
esutjss-245	10	19	a	a	DET
esutjss-245	10	20	company	company	NOUN
esutjss-245	10	21	which	which	PRON
esutjss-245	10	22	can	can	AUX
esutjss-245	10	23	lead	lead	VERB
esutjss-245	10	24	to	to	ADP
esutjss-245	10	25	differentiation	differentiation	NOUN
esutjss-245	10	26	,	,	PUNCT
esutjss-245	10	27	brand	brand	NOUN
esutjss-245	10	28	recognition	recognition	NOUN
esutjss-245	10	29	,	,	PUNCT
esutjss-245	10	30	customer	customer	NOUN
esutjss-245	10	31	loyalty	loyalty	NOUN
esutjss-245	10	32	and	and	CCONJ
esutjss-245	10	33	partnership	partnership	NOUN
esutjss-245	10	34	and	and	CCONJ
esutjss-245	10	35	collaboration	collaboration	NOUN
esutjss-245	10	36	opportunities	opportunity	NOUN
esutjss-245	10	37	.	.	PUNCT
esutjss-245	11	1	the	the	DET
esutjss-245	11	2	study	study	NOUN
esutjss-245	11	3	recommended	recommend	VERB
esutjss-245	11	4	that	that	SCONJ
esutjss-245	11	5	listed	list	VERB
esutjss-245	11	6	industrial	industrial	ADJ
esutjss-245	11	7	goods	good	NOUN
esutjss-245	11	8	firms	firm	NOUN
esutjss-245	11	9	in	in	ADP
esutjss-245	11	10	nigeria	nigeria	PROPN
esutjss-245	11	11	should	should	AUX
esutjss-245	11	12	strive	strive	VERB
esutjss-245	11	13	for	for	ADP
esutjss-245	11	14	an	an	DET
esutjss-245	11	15	optimal	optimal	ADJ
esutjss-245	11	16	balance	balance	NOUN
esutjss-245	11	17	between	between	ADP
esutjss-245	11	18	liquidity	liquidity	NOUN
esutjss-245	11	19	and	and	CCONJ
esutjss-245	11	20	leverage	leverage	NOUN
esutjss-245	11	21	financing	financing	NOUN
esutjss-245	11	22	by	by	ADP
esutjss-245	11	23	assessing	assess	VERB
esutjss-245	11	24	their	their	PRON
esutjss-245	11	25	capital	capital	NOUN
esutjss-245	11	26	structure	structure	NOUN
esutjss-245	11	27	decisions	decision	NOUN
esutjss-245	11	28	to	to	PART
esutjss-245	11	29	avoid	avoid	VERB
esutjss-245	11	30	excessive	excessive	ADJ
esutjss-245	11	31	reliance	reliance	NOUN
esutjss-245	11	32	on	on	ADP
esutjss-245	11	33	the	the	DET
esutjss-245	11	34	leverage	leverage	NOUN
esutjss-245	11	35	while	while	SCONJ
esutjss-245	11	36	also	also	ADV
esutjss-245	11	37	avoiding	avoid	VERB
esutjss-245	11	38	an	an	DET
esutjss-245	11	39	overly	overly	ADV
esutjss-245	11	40	cautious	cautious	ADJ
esutjss-245	11	41	approach	approach	NOUN
esutjss-245	11	42	with	with	ADP
esutjss-245	11	43	too	too	ADV
esutjss-245	11	44	much	much	ADJ
esutjss-245	11	45	liquidity	liquidity	NOUN
esutjss-245	11	46	financing	financing	NOUN
esutjss-245	11	47	.	.	PUNCT
esutjss-245	12	1	keywords	keyword	NOUN
esutjss-245	12	2	:	:	PUNCT
esutjss-245	12	3	financial	financial	ADJ
esutjss-245	12	4	performance	performance	NOUN
esutjss-245	12	5	,	,	PUNCT
esutjss-245	12	6	industrial	industrial	ADJ
esutjss-245	12	7	goods	good	NOUN
esutjss-245	12	8	firm	firm	NOUN
esutjss-245	12	9	,	,	PUNCT
esutjss-245	12	10	firm	firm	ADJ
esutjss-245	12	11	size	size	NOUN
esutjss-245	12	12	,	,	PUNCT
esutjss-245	12	13	firm	firm	ADJ
esutjss-245	12	14	liquidity	liquidity	NOUN
esutjss-245	12	15	,	,	PUNCT
esutjss-245	12	16	firm	firm	ADJ
esutjss-245	12	17	leverage	leverage	NOUN
esutjss-245	12	18	introduction	introduction	NOUN
esutjss-245	12	19	background	background	NOUN
esutjss-245	12	20	to	to	ADP
esutjss-245	12	21	the	the	DET
esutjss-245	12	22	study	study	NOUN
esutjss-245	12	23	over	over	ADP
esutjss-245	12	24	the	the	DET
esutjss-245	12	25	years	year	NOUN
esutjss-245	12	26	,	,	PUNCT
esutjss-245	12	27	firm	firm	ADJ
esutjss-245	12	28	performance	performance	NOUN
esutjss-245	12	29	has	have	AUX
esutjss-245	12	30	attracted	attract	VERB
esutjss-245	12	31	great	great	ADJ
esutjss-245	12	32	attention	attention	NOUN
esutjss-245	12	33	of	of	ADP
esutjss-245	12	34	researchers	researcher	NOUN
esutjss-245	12	35	in	in	ADP
esutjss-245	12	36	the	the	DET
esutjss-245	12	37	world	world	NOUN
esutjss-245	12	38	all	all	ADV
esutjss-245	12	39	over	over	ADP
esutjss-245	12	40	the	the	DET
esutjss-245	12	41	world	world	NOUN
esutjss-245	12	42	mainly	mainly	ADV
esutjss-245	12	43	because	because	SCONJ
esutjss-245	12	44	of	of	ADP
esutjss-245	12	45	its	its	PRON
esutjss-245	12	46	critical	critical	ADJ
esutjss-245	12	47	role	role	NOUN
esutjss-245	12	48	of	of	ADP
esutjss-245	12	49	telling	tell	VERB
esutjss-245	12	50	a	a	DET
esutjss-245	12	51	lot	lot	NOUN
esutjss-245	12	52	about	about	ADP
esutjss-245	12	53	the	the	DET
esutjss-245	12	54	effectiveness	effectiveness	NOUN
esutjss-245	12	55	of	of	ADP
esutjss-245	12	56	an	an	DET
esutjss-245	12	57	organization	organization	NOUN
esutjss-245	12	58	and	and	CCONJ
esutjss-245	12	59	also	also	ADV
esutjss-245	12	60	in	in	ADP
esutjss-245	12	61	reflecting	reflect	VERB
esutjss-245	12	62	the	the	DET
esutjss-245	12	63	growth	growth	NOUN
esutjss-245	12	64	of	of	ADP
esutjss-245	12	65	the	the	DET
esutjss-245	12	66	organization	organization	NOUN
esutjss-245	12	67	in	in	ADP
esutjss-245	12	68	the	the	DET
esutjss-245	12	69	long	long	ADJ
esutjss-245	12	70	-	-	PUNCT
esutjss-245	12	71	term	term	NOUN
esutjss-245	12	72	(	(	PUNCT
esutjss-245	12	73	nguyen	nguyen	NOUN
esutjss-245	12	74	,	,	PUNCT
esutjss-245	12	75	tan	tan	PROPN
esutjss-245	12	76	&	&	CCONJ
esutjss-245	12	77	nguyen	nguyen	PROPN
esutjss-245	12	78	,	,	PUNCT
esutjss-245	12	79	2021	2021	NUM
esutjss-245	12	80	)	)	PUNCT
esutjss-245	12	81	.	.	PUNCT
esutjss-245	13	1	on	on	ADP
esutjss-245	13	2	the	the	DET
esutjss-245	13	3	note	note	NOUN
esutjss-245	13	4	that	that	SCONJ
esutjss-245	13	5	investors	investor	NOUN
esutjss-245	13	6	are	be	AUX
esutjss-245	13	7	rational	rational	ADJ
esutjss-245	13	8	,	,	PUNCT
esutjss-245	13	9	they	they	PRON
esutjss-245	13	10	are	be	AUX
esutjss-245	13	11	on	on	ADP
esutjss-245	13	12	the	the	DET
esutjss-245	13	13	look	look	NOUN
esutjss-245	13	14	-	-	PUNCT
esutjss-245	13	15	out	out	NOUN
esutjss-245	13	16	for	for	ADP
esutjss-245	13	17	this	this	DET
esutjss-245	13	18	indicator	indicator	NOUN
esutjss-245	13	19	as	as	ADP
esutjss-245	13	20	a	a	DET
esutjss-245	13	21	signal	signal	NOUN
esutjss-245	13	22	for	for	ADP
esutjss-245	13	23	making	make	VERB
esutjss-245	13	24	investment	investment	NOUN
esutjss-245	13	25	decisions	decision	NOUN
esutjss-245	13	26	.	.	PUNCT
esutjss-245	14	1	in	in	ADP
esutjss-245	14	2	addition	addition	NOUN
esutjss-245	14	3	,	,	PUNCT
esutjss-245	14	4	the	the	DET
esutjss-245	14	5	reason	reason	NOUN
esutjss-245	14	6	for	for	ADP
esutjss-245	14	7	such	such	ADJ
esutjss-245	14	8	consciousness	consciousness	NOUN
esutjss-245	14	9	is	be	AUX
esutjss-245	14	10	because	because	SCONJ
esutjss-245	14	11	of	of	ADP
esutjss-245	14	12	the	the	DET
esutjss-245	14	13	apparent	apparent	ADJ
esutjss-245	14	14	correlation	correlation	NOUN
esutjss-245	14	15	between	between	ADP
esutjss-245	14	16	firm	firm	ADJ
esutjss-245	14	17	performance	performance	NOUN
esutjss-245	14	18	,	,	PUNCT
esutjss-245	14	19	firm	firm	ADJ
esutjss-245	14	20	characteristics	characteristic	NOUN
esutjss-245	14	21	and	and	CCONJ
esutjss-245	14	22	firm	firm	ADJ
esutjss-245	14	23	earnings	earning	NOUN
esutjss-245	14	24	(	(	PUNCT
esutjss-245	14	25	jihadi	jihadi	NOUN
esutjss-245	14	26	,	,	PUNCT
esutjss-245	14	27	vilantika	vilantika	PROPN
esutjss-245	14	28	,	,	PUNCT
esutjss-245	14	29	hashemi	hashemi	PROPN
esutjss-245	14	30	,	,	PUNCT
esutjss-245	14	31	arifin	arifin	PROPN
esutjss-245	14	32	,	,	PUNCT
esutjss-245	14	33	bachtiar&sholichah	bachtiar&sholichah	PROPN
esutjss-245	14	34	,	,	PUNCT
esutjss-245	14	35	2021	2021	NUM
esutjss-245	14	36	)	)	PUNCT
esutjss-245	14	37	.	.	PUNCT
esutjss-245	15	1	acknowledging	acknowledge	VERB
esutjss-245	15	2	the	the	DET
esutjss-245	15	3	determinants	determinant	NOUN
esutjss-245	15	4	of	of	ADP
esutjss-245	15	5	firm	firm	ADJ
esutjss-245	15	6	performance	performance	NOUN
esutjss-245	15	7	is	be	AUX
esutjss-245	15	8	paramount	paramount	ADJ
esutjss-245	15	9	,	,	PUNCT
esutjss-245	15	10	especially	especially	ADV
esutjss-245	15	11	to	to	ADP
esutjss-245	15	12	investors	investor	NOUN
esutjss-245	15	13	,	,	PUNCT
esutjss-245	15	14	business	business	NOUN
esutjss-245	15	15	managers	manager	NOUN
esutjss-245	15	16	,	,	PUNCT
esutjss-245	15	17	policy	policy	NOUN
esutjss-245	15	18	-	-	PUNCT
esutjss-245	15	19	makers	maker	NOUN
esutjss-245	15	20	,	,	PUNCT
esutjss-245	15	21	the	the	DET
esutjss-245	15	22	academia	academia	NOUN
esutjss-245	15	23	and	and	CCONJ
esutjss-245	15	24	lenders	lender	NOUN
esutjss-245	15	25	whose	whose	DET
esutjss-245	15	26	interest	interest	NOUN
esutjss-245	15	27	in	in	ADP
esutjss-245	15	28	this	this	DET
esutjss-245	15	29	area	area	NOUN
esutjss-245	15	30	is	be	AUX
esutjss-245	15	31	to	to	PART
esutjss-245	15	32	ascertain	ascertain	VERB
esutjss-245	15	33	which	which	DET
esutjss-245	15	34	firm	firm	ADJ
esutjss-245	15	35	-	-	PUNCT
esutjss-245	15	36	level	level	NOUN
esutjss-245	15	37	factors	factor	NOUN
esutjss-245	15	38	impair	impair	VERB
esutjss-245	15	39	or	or	CCONJ
esutjss-245	15	40	enhance	enhance	VERB
esutjss-245	15	41	the	the	DET
esutjss-245	15	42	worth	worth	NOUN
esutjss-245	15	43	and	and	CCONJ
esutjss-245	15	44	performance	performance	NOUN
esutjss-245	15	45	of	of	ADP
esutjss-245	15	46	the	the	DET
esutjss-245	15	47	business	business	NOUN
esutjss-245	15	48	.	.	PUNCT
esutjss-245	16	1	financial	financial	ADJ
esutjss-245	16	2	performance	performance	NOUN
esutjss-245	16	3	of	of	ADP
esutjss-245	16	4	a	a	DET
esutjss-245	16	5	firm	firm	NOUN
esutjss-245	16	6	has	have	AUX
esutjss-245	16	7	proven	prove	VERB
esutjss-245	16	8	to	to	PART
esutjss-245	16	9	be	be	AUX
esutjss-245	16	10	a	a	DET
esutjss-245	16	11	diverse	diverse	ADJ
esutjss-245	16	12	construct	construct	NOUN
esutjss-245	16	13	,	,	PUNCT
esutjss-245	16	14	especially	especially	ADV
esutjss-245	16	15	in	in	ADP
esutjss-245	16	16	its	its	PRON
esutjss-245	16	17	definition	definition	NOUN
esutjss-245	16	18	and	and	CCONJ
esutjss-245	16	19	measurement	measurement	NOUN
esutjss-245	16	20	.	.	PUNCT
esutjss-245	17	1	unarguably	unarguably	ADV
esutjss-245	17	2	,	,	PUNCT
esutjss-245	17	3	higher	high	ADJ
esutjss-245	17	4	performance	performance	NOUN
esutjss-245	17	5	levels	level	NOUN
esutjss-245	17	6	reflect	reflect	VERB
esutjss-245	17	7	management	management	NOUN
esutjss-245	17	8	mailto:catherineeneh1972@gmail.com	mailto:catherineeneh1972@gmail.com	X
esutjss-245	17	9	566	566	NUM
esutjss-245	17	10	effectiveness	effectiveness	NOUN
esutjss-245	17	11	and	and	CCONJ
esutjss-245	17	12	efficiency	efficiency	NOUN
esutjss-245	17	13	in	in	ADP
esutjss-245	17	14	utilizing	utilize	VERB
esutjss-245	17	15	the	the	DET
esutjss-245	17	16	organization	organization	NOUN
esutjss-245	17	17	's	's	PART
esutjss-245	17	18	resources	resource	NOUN
esutjss-245	17	19	,	,	PUNCT
esutjss-245	17	20	which	which	PRON
esutjss-245	17	21	contributed	contribute	VERB
esutjss-245	17	22	to	to	ADP
esutjss-245	17	23	the	the	DET
esutjss-245	17	24	country	country	NOUN
esutjss-245	17	25	's	's	PART
esutjss-245	17	26	economic	economic	ADJ
esutjss-245	17	27	growth	growth	NOUN
esutjss-245	17	28	,	,	PUNCT
esutjss-245	17	29	competitive	competitive	ADJ
esutjss-245	17	30	edge	edge	NOUN
esutjss-245	17	31	and	and	CCONJ
esutjss-245	17	32	long	long	ADJ
esutjss-245	17	33	-	-	PUNCT
esutjss-245	17	34	term	term	NOUN
esutjss-245	17	35	value	value	NOUN
esutjss-245	17	36	-	-	PUNCT
esutjss-245	17	37	creation	creation	NOUN
esutjss-245	17	38	(	(	PUNCT
esutjss-245	17	39	hameed	hameed	PROPN
esutjss-245	17	40	&	&	CCONJ
esutjss-245	17	41	tsoho	tsoho	NOUN
esutjss-245	17	42	,	,	PUNCT
esutjss-245	17	43	2020	2020	NUM
esutjss-245	17	44	)	)	PUNCT
esutjss-245	17	45	.	.	PUNCT
esutjss-245	18	1	assessment	assessment	NOUN
esutjss-245	18	2	of	of	ADP
esutjss-245	18	3	firm	firm	ADJ
esutjss-245	18	4	attributes	attribute	NOUN
esutjss-245	18	5	that	that	PRON
esutjss-245	18	6	affect	affect	VERB
esutjss-245	18	7	financial	financial	ADJ
esutjss-245	18	8	performance	performance	NOUN
esutjss-245	18	9	of	of	ADP
esutjss-245	18	10	companies	company	NOUN
esutjss-245	18	11	has	have	AUX
esutjss-245	18	12	gained	gain	VERB
esutjss-245	18	13	much	much	ADJ
esutjss-245	18	14	interest	interest	NOUN
esutjss-245	18	15	lately	lately	ADV
esutjss-245	18	16	in	in	ADP
esutjss-245	18	17	the	the	DET
esutjss-245	18	18	corporate	corporate	ADJ
esutjss-245	18	19	finance	finance	NOUN
esutjss-245	18	20	literature	literature	NOUN
esutjss-245	18	21	although	although	SCONJ
esutjss-245	18	22	low	low	ADJ
esutjss-245	18	23	interest	interest	NOUN
esutjss-245	18	24	has	have	AUX
esutjss-245	18	25	been	be	AUX
esutjss-245	18	26	paid	pay	VERB
esutjss-245	18	27	to	to	ADP
esutjss-245	18	28	industrial	industrial	ADJ
esutjss-245	18	29	goods	good	NOUN
esutjss-245	18	30	firms	firm	NOUN
esutjss-245	18	31	in	in	ADP
esutjss-245	18	32	nigeria	nigeria	PROPN
esutjss-245	18	33	,	,	PUNCT
esutjss-245	18	34	in	in	ADP
esutjss-245	18	35	recent	recent	ADJ
esutjss-245	18	36	years	year	NOUN
esutjss-245	18	37	.	.	PUNCT
esutjss-245	19	1	industrial	industrial	ADJ
esutjss-245	19	2	goods	good	NOUN
esutjss-245	19	3	firms	firm	NOUN
esutjss-245	19	4	as	as	SCONJ
esutjss-245	19	5	economic	economic	ADJ
esutjss-245	19	6	entities	entity	NOUN
esutjss-245	19	7	are	be	AUX
esutjss-245	19	8	designed	design	VERB
esutjss-245	19	9	to	to	PART
esutjss-245	19	10	use	use	VERB
esutjss-245	19	11	companies	company	NOUN
esutjss-245	19	12	’	'	PUNCT
esutjss-245	19	13	resources	resource	NOUN
esutjss-245	19	14	with	with	ADP
esutjss-245	19	15	the	the	DET
esutjss-245	19	16	aim	aim	NOUN
esutjss-245	19	17	of	of	ADP
esutjss-245	19	18	maximizing	maximize	VERB
esutjss-245	19	19	company	company	NOUN
esutjss-245	19	20	profits	profit	NOUN
esutjss-245	19	21	and	and	CCONJ
esutjss-245	19	22	firm	firm	ADJ
esutjss-245	19	23	value	value	NOUN
esutjss-245	19	24	.	.	PUNCT
esutjss-245	20	1	maximizing	maximize	VERB
esutjss-245	20	2	financial	financial	ADJ
esutjss-245	20	3	performance	performance	NOUN
esutjss-245	20	4	entails	entail	VERB
esutjss-245	20	5	taking	take	VERB
esutjss-245	20	6	full	full	ADJ
esutjss-245	20	7	advantage	advantage	NOUN
esutjss-245	20	8	of	of	ADP
esutjss-245	20	9	profit	profit	NOUN
esutjss-245	20	10	or	or	CCONJ
esutjss-245	20	11	income	income	NOUN
esutjss-245	20	12	by	by	ADP
esutjss-245	20	13	considering	consider	VERB
esutjss-245	20	14	risk	risk	NOUN
esutjss-245	20	15	factors	factor	NOUN
esutjss-245	20	16	and	and	CCONJ
esutjss-245	20	17	the	the	DET
esutjss-245	20	18	time	time	NOUN
esutjss-245	20	19	value	value	NOUN
esutjss-245	20	20	of	of	ADP
esutjss-245	20	21	money	money	NOUN
esutjss-245	20	22	(	(	PUNCT
esutjss-245	20	23	fadhilah	fadhilah	NOUN
esutjss-245	20	24	,	,	PUNCT
esutjss-245	20	25	kurniati&suherman	kurniati&suherman	NOUN
esutjss-245	20	26	,	,	PUNCT
esutjss-245	20	27	2022	2022	NUM
esutjss-245	20	28	)	)	PUNCT
esutjss-245	20	29	.	.	PUNCT
esutjss-245	21	1	the	the	DET
esutjss-245	21	2	short	short	ADJ
esutjss-245	21	3	-	-	PUNCT
esutjss-245	21	4	term	term	NOUN
esutjss-245	21	5	goal	goal	NOUN
esutjss-245	21	6	of	of	ADP
esutjss-245	21	7	a	a	DET
esutjss-245	21	8	firm	firm	NOUN
esutjss-245	21	9	is	be	AUX
esutjss-245	21	10	to	to	PART
esutjss-245	21	11	obtain	obtain	VERB
esutjss-245	21	12	maximum	maximum	ADJ
esutjss-245	21	13	profit	profit	NOUN
esutjss-245	21	14	by	by	ADP
esutjss-245	21	15	utilizing	utilize	VERB
esutjss-245	21	16	existing	exist	VERB
esutjss-245	21	17	resources	resource	NOUN
esutjss-245	21	18	,	,	PUNCT
esutjss-245	21	19	while	while	SCONJ
esutjss-245	21	20	the	the	DET
esutjss-245	21	21	long	long	ADJ
esutjss-245	21	22	-	-	PUNCT
esutjss-245	21	23	term	term	NOUN
esutjss-245	21	24	goal	goal	NOUN
esutjss-245	21	25	of	of	ADP
esutjss-245	21	26	a	a	DET
esutjss-245	21	27	company	company	NOUN
esutjss-245	21	28	is	be	AUX
esutjss-245	21	29	to	to	PART
esutjss-245	21	30	increase	increase	VERB
esutjss-245	21	31	its	its	PRON
esutjss-245	21	32	firm	firm	ADJ
esutjss-245	21	33	value	value	NOUN
esutjss-245	21	34	by	by	ADP
esutjss-245	21	35	growing	grow	VERB
esutjss-245	21	36	the	the	DET
esutjss-245	21	37	wealth	wealth	NOUN
esutjss-245	21	38	of	of	ADP
esutjss-245	21	39	its	its	PRON
esutjss-245	21	40	shareholders	shareholder	NOUN
esutjss-245	21	41	.	.	PUNCT
esutjss-245	22	1	financial	financial	ADJ
esutjss-245	22	2	performance	performance	NOUN
esutjss-245	22	3	in	in	ADP
esutjss-245	22	4	this	this	DET
esutjss-245	22	5	case	case	NOUN
esutjss-245	22	6	refers	refer	VERB
esutjss-245	22	7	to	to	ADP
esutjss-245	22	8	the	the	DET
esutjss-245	22	9	ability	ability	NOUN
esutjss-245	22	10	of	of	ADP
esutjss-245	22	11	an	an	DET
esutjss-245	22	12	industrial	industrial	ADJ
esutjss-245	22	13	goods	good	NOUN
esutjss-245	22	14	company	company	NOUN
esutjss-245	22	15	to	to	PART
esutjss-245	22	16	generate	generate	VERB
esutjss-245	22	17	more	more	ADJ
esutjss-245	22	18	revenue	revenue	NOUN
esutjss-245	22	19	in	in	ADP
esutjss-245	22	20	excess	excess	NOUN
esutjss-245	22	21	of	of	ADP
esutjss-245	22	22	its	its	PRON
esutjss-245	22	23	expenses	expense	NOUN
esutjss-245	22	24	.	.	PUNCT
esutjss-245	23	1	industrial	industrial	ADJ
esutjss-245	23	2	goods	good	NOUN
esutjss-245	23	3	firms	firm	NOUN
esutjss-245	23	4	jostle	jostle	VERB
esutjss-245	23	5	for	for	ADP
esutjss-245	23	6	competitive	competitive	ADJ
esutjss-245	23	7	placement	placement	NOUN
esutjss-245	23	8	within	within	ADP
esutjss-245	23	9	the	the	DET
esutjss-245	23	10	local	local	ADJ
esutjss-245	23	11	and	and	CCONJ
esutjss-245	23	12	global	global	ADJ
esutjss-245	23	13	markets	market	NOUN
esutjss-245	23	14	.	.	PUNCT
esutjss-245	24	1	their	their	PRON
esutjss-245	24	2	respective	respective	ADJ
esutjss-245	24	3	interactions	interaction	NOUN
esutjss-245	24	4	with	with	ADP
esutjss-245	24	5	existing	exist	VERB
esutjss-245	24	6	financial	financial	ADJ
esutjss-245	24	7	markets	market	NOUN
esutjss-245	24	8	and	and	CCONJ
esutjss-245	24	9	of	of	ADP
esutjss-245	24	10	course	course	NOUN
esutjss-245	24	11	,	,	PUNCT
esutjss-245	24	12	the	the	DET
esutjss-245	24	13	investing	investing	NOUN
esutjss-245	24	14	community	community	NOUN
esutjss-245	24	15	have	have	AUX
esutjss-245	24	16	also	also	ADV
esutjss-245	24	17	witnessed	witness	VERB
esutjss-245	24	18	significant	significant	ADJ
esutjss-245	24	19	surge	surge	NOUN
esutjss-245	24	20	.	.	PUNCT
esutjss-245	25	1	to	to	ADP
esutjss-245	25	2	date	date	NOUN
esutjss-245	25	3	,	,	PUNCT
esutjss-245	25	4	researches	research	NOUN
esutjss-245	25	5	have	have	AUX
esutjss-245	25	6	constantly	constantly	ADV
esutjss-245	25	7	prescribed	prescribe	VERB
esutjss-245	25	8	the	the	DET
esutjss-245	25	9	increased	increase	VERB
esutjss-245	25	10	and	and	CCONJ
esutjss-245	25	11	continuous	continuous	ADJ
esutjss-245	25	12	use	use	NOUN
esutjss-245	25	13	of	of	ADP
esutjss-245	25	14	accounting	account	VERB
esutjss-245	25	15	information	information	NOUN
esutjss-245	25	16	to	to	ADP
esutjss-245	25	17	practically	practically	ADV
esutjss-245	25	18	and	and	CCONJ
esutjss-245	25	19	effectively	effectively	ADV
esutjss-245	25	20	communicate	communicate	VERB
esutjss-245	25	21	the	the	DET
esutjss-245	25	22	value	value	NOUN
esutjss-245	25	23	and	and	CCONJ
esutjss-245	25	24	wellbeing	wellbeing	NOUN
esutjss-245	25	25	of	of	ADP
esutjss-245	25	26	firms	firm	NOUN
esutjss-245	25	27	(	(	PUNCT
esutjss-245	25	28	jeroh	jeroh	NOUN
esutjss-245	25	29	,	,	PUNCT
esutjss-245	25	30	2020	2020	NUM
esutjss-245	25	31	)	)	PUNCT
esutjss-245	25	32	.	.	PUNCT
esutjss-245	26	1	the	the	DET
esutjss-245	26	2	place	place	NOUN
esutjss-245	26	3	of	of	ADP
esutjss-245	26	4	firms	firm	NOUN
esutjss-245	26	5	’	'	PUNCT
esutjss-245	26	6	financial	financial	ADJ
esutjss-245	26	7	attributes	attribute	NOUN
esutjss-245	26	8	is	be	AUX
esutjss-245	26	9	important	important	ADJ
esutjss-245	26	10	since	since	SCONJ
esutjss-245	26	11	they	they	PRON
esutjss-245	26	12	provide	provide	VERB
esutjss-245	26	13	credible	credible	ADJ
esutjss-245	26	14	and	and	CCONJ
esutjss-245	26	15	strategic	strategic	ADJ
esutjss-245	26	16	information	information	NOUN
esutjss-245	26	17	about	about	ADP
esutjss-245	26	18	the	the	DET
esutjss-245	26	19	overall	overall	ADJ
esutjss-245	26	20	wellbeing	wellbeing	NOUN
esutjss-245	26	21	of	of	ADP
esutjss-245	26	22	the	the	DET
esutjss-245	26	23	entities	entity	NOUN
esutjss-245	26	24	and	and	CCONJ
esutjss-245	26	25	also	also	ADV
esutjss-245	26	26	firm	firm	ADJ
esutjss-245	26	27	financial	financial	ADJ
esutjss-245	26	28	performance	performance	NOUN
esutjss-245	26	29	.	.	PUNCT
esutjss-245	27	1	financial	financial	ADJ
esutjss-245	27	2	performance	performance	NOUN
esutjss-245	27	3	is	be	AUX
esutjss-245	27	4	a	a	DET
esutjss-245	27	5	term	term	NOUN
esutjss-245	27	6	that	that	PRON
esutjss-245	27	7	is	be	AUX
esutjss-245	27	8	used	use	VERB
esutjss-245	27	9	to	to	PART
esutjss-245	27	10	explain	explain	VERB
esutjss-245	27	11	both	both	CCONJ
esutjss-245	27	12	the	the	DET
esutjss-245	27	13	profitability	profitability	NOUN
esutjss-245	27	14	success	success	NOUN
esutjss-245	27	15	of	of	ADP
esutjss-245	27	16	a	a	DET
esutjss-245	27	17	business	business	NOUN
esutjss-245	27	18	and	and	CCONJ
esutjss-245	27	19	also	also	ADV
esutjss-245	27	20	how	how	SCONJ
esutjss-245	27	21	shareholders	shareholder	NOUN
esutjss-245	27	22	’	'	PUNCT
esutjss-245	27	23	welfare	welfare	NOUN
esutjss-245	27	24	has	have	AUX
esutjss-245	27	25	been	be	AUX
esutjss-245	27	26	maximized	maximize	VERB
esutjss-245	27	27	using	use	VERB
esutjss-245	27	28	available	available	ADJ
esutjss-245	27	29	firm	firm	ADJ
esutjss-245	27	30	resources	resource	NOUN
esutjss-245	27	31	(	(	PUNCT
esutjss-245	27	32	bencharles&osifo	bencharles&osifo	ADV
esutjss-245	27	33	,	,	PUNCT
esutjss-245	27	34	2022	2022	NUM
esutjss-245	27	35	)	)	PUNCT
esutjss-245	27	36	.	.	PUNCT
esutjss-245	28	1	a	a	DET
esutjss-245	28	2	high	high	ADJ
esutjss-245	28	3	company	company	NOUN
esutjss-245	28	4	performance	performance	NOUN
esutjss-245	28	5	is	be	AUX
esutjss-245	28	6	desirable	desirable	ADJ
esutjss-245	28	7	for	for	ADP
esutjss-245	28	8	company	company	NOUN
esutjss-245	28	9	owners	owner	NOUN
esutjss-245	28	10	because	because	SCONJ
esutjss-245	28	11	such	such	ADJ
esutjss-245	28	12	indicates	indicate	VERB
esutjss-245	28	13	the	the	DET
esutjss-245	28	14	prosperity	prosperity	NOUN
esutjss-245	28	15	of	of	ADP
esutjss-245	28	16	shareholders	shareholder	NOUN
esutjss-245	28	17	(	(	PUNCT
esutjss-245	28	18	akhalumeh	akhalumeh	NOUN
esutjss-245	28	19	,	,	PUNCT
esutjss-245	28	20	izevbekhai&ohenhen	izevbekhai&ohenhen	ADV
esutjss-245	28	21	,	,	PUNCT
esutjss-245	28	22	2022	2022	NUM
esutjss-245	28	23	)	)	PUNCT
esutjss-245	28	24	.	.	PUNCT
esutjss-245	29	1	financial	financial	ADJ
esutjss-245	29	2	performance	performance	NOUN
esutjss-245	29	3	is	be	AUX
esutjss-245	29	4	a	a	DET
esutjss-245	29	5	key	key	ADJ
esutjss-245	29	6	indicator	indicator	NOUN
esutjss-245	29	7	of	of	ADP
esutjss-245	29	8	financial	financial	ADJ
esutjss-245	29	9	wellbeing	wellbeing	NOUN
esutjss-245	29	10	of	of	ADP
esutjss-245	29	11	any	any	DET
esutjss-245	29	12	company	company	NOUN
esutjss-245	29	13	,	,	PUNCT
esutjss-245	29	14	as	as	SCONJ
esutjss-245	29	15	it	it	PRON
esutjss-245	29	16	serves	serve	VERB
esutjss-245	29	17	the	the	DET
esutjss-245	29	18	basis	basis	NOUN
esutjss-245	29	19	when	when	SCONJ
esutjss-245	29	20	making	make	VERB
esutjss-245	29	21	financial	financial	ADJ
esutjss-245	29	22	decision	decision	NOUN
esutjss-245	29	23	such	such	ADJ
esutjss-245	29	24	as	as	ADP
esutjss-245	29	25	dividend	dividend	NOUN
esutjss-245	29	26	and	and	CCONJ
esutjss-245	29	27	financial	financial	ADJ
esutjss-245	29	28	investment	investment	NOUN
esutjss-245	29	29	.	.	PUNCT
esutjss-245	30	1	all	all	DET
esutjss-245	30	2	investors	investor	NOUN
esutjss-245	30	3	have	have	VERB
esutjss-245	30	4	one	one	NUM
esutjss-245	30	5	common	common	ADJ
esutjss-245	30	6	objective	objective	NOUN
esutjss-245	30	7	when	when	SCONJ
esutjss-245	30	8	investing	invest	VERB
esutjss-245	30	9	in	in	ADP
esutjss-245	30	10	shares	share	NOUN
esutjss-245	30	11	,	,	PUNCT
esutjss-245	30	12	that	that	ADV
esutjss-245	30	13	is	is	ADV
esutjss-245	30	14	,	,	PUNCT
esutjss-245	30	15	to	to	PART
esutjss-245	30	16	maximize	maximize	VERB
esutjss-245	30	17	expected	expect	VERB
esutjss-245	30	18	return	return	NOUN
esutjss-245	30	19	on	on	ADP
esutjss-245	30	20	their	their	PRON
esutjss-245	30	21	investment	investment	NOUN
esutjss-245	30	22	.	.	PUNCT
esutjss-245	31	1	the	the	DET
esutjss-245	31	2	most	most	ADV
esutjss-245	31	3	crucial	crucial	ADJ
esutjss-245	31	4	aspect	aspect	NOUN
esutjss-245	31	5	of	of	ADP
esutjss-245	31	6	companies	company	NOUN
esutjss-245	31	7	'	'	PART
esutjss-245	31	8	financial	financial	ADJ
esutjss-245	31	9	health	health	NOUN
esutjss-245	31	10	is	be	AUX
esutjss-245	31	11	the	the	DET
esutjss-245	31	12	performance	performance	NOUN
esutjss-245	31	13	of	of	ADP
esutjss-245	31	14	the	the	DET
esutjss-245	31	15	firm	firm	NOUN
esutjss-245	31	16	.	.	PUNCT
esutjss-245	32	1	the	the	PRON
esutjss-245	32	2	higher	high	ADJ
esutjss-245	32	3	the	the	DET
esutjss-245	32	4	value	value	NOUN
esutjss-245	32	5	of	of	ADP
esutjss-245	32	6	a	a	DET
esutjss-245	32	7	firm	firm	NOUN
esutjss-245	32	8	,	,	PUNCT
esutjss-245	32	9	the	the	PRON
esutjss-245	32	10	better	well	ADJ
esutjss-245	32	11	its	its	PRON
esutjss-245	32	12	financial	financial	ADJ
esutjss-245	32	13	position	position	NOUN
esutjss-245	32	14	,	,	PUNCT
esutjss-245	32	15	as	as	ADV
esutjss-245	32	16	well	well	ADV
esutjss-245	32	17	as	as	ADP
esutjss-245	32	18	the	the	DET
esutjss-245	32	19	projection	projection	NOUN
esutjss-245	32	20	of	of	ADP
esutjss-245	32	21	prospective	prospective	ADJ
esutjss-245	32	22	investors	investor	NOUN
esutjss-245	32	23	.	.	PUNCT
esutjss-245	33	1	investor	investor	NOUN
esutjss-245	33	2	perception	perception	NOUN
esutjss-245	33	3	of	of	ADP
esutjss-245	33	4	firms	firm	NOUN
esutjss-245	33	5	'	'	PART
esutjss-245	33	6	financial	financial	ADJ
esutjss-245	33	7	results	result	NOUN
esutjss-245	33	8	is	be	AUX
esutjss-245	33	9	often	often	ADV
esutjss-245	33	10	associated	associate	VERB
esutjss-245	33	11	with	with	ADP
esutjss-245	33	12	return	return	NOUN
esutjss-245	33	13	on	on	ADP
esutjss-245	33	14	equity	equity	NOUN
esutjss-245	33	15	or	or	CCONJ
esutjss-245	33	16	other	other	ADJ
esutjss-245	33	17	metrics	metric	NOUN
esutjss-245	33	18	like	like	ADP
esutjss-245	33	19	stock	stock	NOUN
esutjss-245	33	20	price	price	NOUN
esutjss-245	33	21	,	,	PUNCT
esutjss-245	33	22	which	which	PRON
esutjss-245	33	23	is	be	AUX
esutjss-245	33	24	very	very	ADV
esutjss-245	33	25	important	important	ADJ
esutjss-245	33	26	in	in	ADP
esutjss-245	33	27	investment	investment	NOUN
esutjss-245	33	28	decision	decision	NOUN
esutjss-245	33	29	(	(	PUNCT
esutjss-245	33	30	sulaiman	sulaiman	PROPN
esutjss-245	33	31	,	,	PUNCT
esutjss-245	33	32	mijinyawa	mijinyawa	PROPN
esutjss-245	33	33	&	&	CCONJ
esutjss-245	33	34	isa	isa	PROPN
esutjss-245	33	35	,	,	PUNCT
esutjss-245	33	36	2019	2019	NUM
esutjss-245	33	37	)	)	PUNCT
esutjss-245	33	38	.	.	PUNCT
esutjss-245	34	1	in	in	ADP
esutjss-245	34	2	corporate	corporate	ADJ
esutjss-245	34	3	finance	finance	NOUN
esutjss-245	34	4	,	,	PUNCT
esutjss-245	34	5	the	the	DET
esutjss-245	34	6	commonly	commonly	ADV
esutjss-245	34	7	used	use	VERB
esutjss-245	34	8	method	method	NOUN
esutjss-245	34	9	for	for	ADP
esutjss-245	34	10	financial	financial	ADJ
esutjss-245	34	11	analysis	analysis	NOUN
esutjss-245	34	12	is	be	AUX
esutjss-245	34	13	the	the	DET
esutjss-245	34	14	use	use	NOUN
esutjss-245	34	15	of	of	ADP
esutjss-245	34	16	profitability	profitability	NOUN
esutjss-245	34	17	and	and	CCONJ
esutjss-245	34	18	firm	firm	ADJ
esutjss-245	34	19	value	value	NOUN
esutjss-245	34	20	ratios	ratio	NOUN
esutjss-245	34	21	as	as	ADP
esutjss-245	34	22	key	key	ADJ
esutjss-245	34	23	measures	measure	NOUN
esutjss-245	34	24	of	of	ADP
esutjss-245	34	25	firms	firm	NOUN
esutjss-245	34	26	’	’	PART
esutjss-245	34	27	overall	overall	ADJ
esutjss-245	34	28	efficiency	efficiency	NOUN
esutjss-245	34	29	and	and	CCONJ
esutjss-245	34	30	performance	performance	NOUN
esutjss-245	34	31	(	(	PUNCT
esutjss-245	34	32	shuaibu	shuaibu	NOUN
esutjss-245	34	33	,	,	PUNCT
esutjss-245	34	34	ali	ali	PROPN
esutjss-245	34	35	&	&	CCONJ
esutjss-245	34	36	amin	amin	PROPN
esutjss-245	34	37	,	,	PUNCT
esutjss-245	34	38	2019	2019	NUM
esutjss-245	34	39	)	)	PUNCT
esutjss-245	34	40	.	.	PUNCT
esutjss-245	35	1	these	these	DET
esutjss-245	35	2	metrics	metric	NOUN
esutjss-245	35	3	are	be	AUX
esutjss-245	35	4	widely	widely	ADV
esutjss-245	35	5	used	use	VERB
esutjss-245	35	6	in	in	ADP
esutjss-245	35	7	financial	financial	ADJ
esutjss-245	35	8	models	model	NOUN
esutjss-245	35	9	for	for	ADP
esutjss-245	35	10	performance	performance	NOUN
esutjss-245	35	11	measurements	measurement	NOUN
esutjss-245	35	12	.	.	PUNCT
esutjss-245	36	1	theoretically	theoretically	ADV
esutjss-245	36	2	,	,	PUNCT
esutjss-245	36	3	several	several	ADJ
esutjss-245	36	4	variables	variable	NOUN
esutjss-245	36	5	that	that	PRON
esutjss-245	36	6	may	may	AUX
esutjss-245	36	7	influence	influence	VERB
esutjss-245	36	8	firm	firm	ADJ
esutjss-245	36	9	performance	performance	NOUN
esutjss-245	36	10	as	as	ADP
esutjss-245	36	11	the	the	DET
esutjss-245	36	12	survival	survival	NOUN
esutjss-245	36	13	or	or	CCONJ
esutjss-245	36	14	business	business	NOUN
esutjss-245	36	15	success	success	NOUN
esutjss-245	36	16	mostly	mostly	ADV
esutjss-245	36	17	depends	depend	VERB
esutjss-245	36	18	on	on	ADP
esutjss-245	36	19	the	the	DET
esutjss-245	36	20	profitability	profitability	NOUN
esutjss-245	36	21	of	of	ADP
esutjss-245	36	22	the	the	DET
esutjss-245	36	23	firm	firm	NOUN
esutjss-245	36	24	.	.	PUNCT
esutjss-245	37	1	however	however	ADV
esutjss-245	37	2	,	,	PUNCT
esutjss-245	37	3	the	the	DET
esutjss-245	37	4	specific	specific	ADJ
esutjss-245	37	5	firm	firm	ADJ
esutjss-245	37	6	characteristics	characteristic	NOUN
esutjss-245	37	7	remain	remain	VERB
esutjss-245	37	8	unknown	unknown	ADJ
esutjss-245	37	9	to	to	ADP
esutjss-245	37	10	firms	firm	NOUN
esutjss-245	37	11	as	as	ADP
esutjss-245	37	12	to	to	ADP
esutjss-245	37	13	which	which	PRON
esutjss-245	37	14	variable	variable	NOUN
esutjss-245	37	15	contributes	contribute	VERB
esutjss-245	37	16	to	to	ADP
esutjss-245	37	17	the	the	DET
esutjss-245	37	18	financial	financial	ADJ
esutjss-245	37	19	prospect	prospect	NOUN
esutjss-245	37	20	of	of	ADP
esutjss-245	37	21	the	the	DET
esutjss-245	37	22	firm	firm	NOUN
esutjss-245	37	23	,	,	PUNCT
esutjss-245	37	24	and	and	CCONJ
esutjss-245	37	25	this	this	PRON
esutjss-245	37	26	justify	justify	VERB
esutjss-245	37	27	the	the	DET
esutjss-245	37	28	reason	reason	NOUN
esutjss-245	37	29	of	of	ADP
esutjss-245	37	30	the	the	DET
esutjss-245	37	31	current	current	ADJ
esutjss-245	37	32	study	study	NOUN
esutjss-245	37	33	.	.	PUNCT
esutjss-245	38	1	focusing	focus	VERB
esutjss-245	38	2	on	on	ADP
esutjss-245	38	3	industrial	industrial	ADJ
esutjss-245	38	4	goods	good	NOUN
esutjss-245	38	5	companies	company	NOUN
esutjss-245	38	6	to	to	PART
esutjss-245	38	7	examine	examine	VERB
esutjss-245	38	8	factors	factor	NOUN
esutjss-245	38	9	that	that	PRON
esutjss-245	38	10	determine	determine	VERB
esutjss-245	38	11	financial	financial	ADJ
esutjss-245	38	12	performance	performance	NOUN
esutjss-245	38	13	is	be	AUX
esutjss-245	38	14	essential	essential	ADJ
esutjss-245	38	15	since	since	SCONJ
esutjss-245	38	16	these	these	DET
esutjss-245	38	17	companies	company	NOUN
esutjss-245	38	18	are	be	AUX
esutjss-245	38	19	of	of	ADP
esutjss-245	38	20	a	a	DET
esutjss-245	38	21	great	great	ADJ
esutjss-245	38	22	significance	significance	NOUN
esutjss-245	38	23	to	to	ADP
esutjss-245	38	24	other	other	ADJ
esutjss-245	38	25	businesses	business	NOUN
esutjss-245	38	26	as	as	ADV
esutjss-245	38	27	well	well	ADV
esutjss-245	38	28	as	as	ADP
esutjss-245	38	29	individuals	individual	NOUN
esutjss-245	38	30	.	.	PUNCT
esutjss-245	39	1	they	they	PRON
esutjss-245	39	2	contribute	contribute	VERB
esutjss-245	39	3	primarily	primarily	ADV
esutjss-245	39	4	to	to	ADP
esutjss-245	39	5	the	the	DET
esutjss-245	39	6	economic	economic	ADJ
esutjss-245	39	7	growth	growth	NOUN
esutjss-245	39	8	and	and	CCONJ
esutjss-245	39	9	well	well	ADV
esutjss-245	39	10	-	-	PUNCT
esutjss-245	39	11	being	being	NOUN
esutjss-245	39	12	of	of	ADP
esutjss-245	39	13	individuals	individual	NOUN
esutjss-245	39	14	in	in	ADP
esutjss-245	39	15	the	the	DET
esutjss-245	39	16	society	society	NOUN
esutjss-245	39	17	by	by	ADP
esutjss-245	39	18	so	so	ADV
esutjss-245	39	19	many	many	ADJ
esutjss-245	39	20	ways	way	NOUN
esutjss-245	39	21	such	such	ADJ
esutjss-245	39	22	as	as	ADP
esutjss-245	39	23	increasing	increase	VERB
esutjss-245	39	24	the	the	DET
esutjss-245	39	25	number	number	NOUN
esutjss-245	39	26	of	of	ADP
esutjss-245	39	27	employment	employment	NOUN
esutjss-245	39	28	opportunities	opportunity	NOUN
esutjss-245	39	29	.	.	PUNCT
esutjss-245	40	1	the	the	DET
esutjss-245	40	2	objective	objective	NOUN
esutjss-245	40	3	of	of	ADP
esutjss-245	40	4	industrial	industrial	ADJ
esutjss-245	40	5	goods	good	NOUN
esutjss-245	40	6	firms	firm	NOUN
esutjss-245	40	7	to	to	PART
esutjss-245	40	8	maximise	maximise	VERB
esutjss-245	40	9	their	their	PRON
esutjss-245	40	10	firm	firm	ADJ
esutjss-245	40	11	performance	performance	NOUN
esutjss-245	40	12	is	be	AUX
esutjss-245	40	13	essentially	essentially	ADV
esutjss-245	40	14	achieved	achieve	VERB
esutjss-245	40	15	through	through	ADP
esutjss-245	40	16	the	the	DET
esutjss-245	40	17	implementation	implementation	NOUN
esutjss-245	40	18	of	of	ADP
esutjss-245	40	19	appropriate	appropriate	ADJ
esutjss-245	40	20	financial	financial	ADJ
esutjss-245	40	21	management	management	NOUN
esutjss-245	40	22	functions	function	NOUN
esutjss-245	40	23	because	because	SCONJ
esutjss-245	40	24	every	every	DET
esutjss-245	40	25	financial	financial	ADJ
esutjss-245	40	26	decision	decision	NOUN
esutjss-245	40	27	taken	take	VERB
esutjss-245	40	28	will	will	AUX
esutjss-245	40	29	affect	affect	VERB
esutjss-245	40	30	other	other	ADJ
esutjss-245	40	31	financial	financial	ADJ
esutjss-245	40	32	management	management	NOUN
esutjss-245	40	33	567	567	NUM
esutjss-245	40	34	decisions	decision	NOUN
esutjss-245	40	35	and	and	CCONJ
esutjss-245	40	36	will	will	AUX
esutjss-245	40	37	have	have	VERB
esutjss-245	40	38	an	an	DET
esutjss-245	40	39	impact	impact	NOUN
esutjss-245	40	40	on	on	ADP
esutjss-245	40	41	the	the	DET
esutjss-245	40	42	financial	financial	ADJ
esutjss-245	40	43	results	result	NOUN
esutjss-245	40	44	of	of	ADP
esutjss-245	40	45	the	the	DET
esutjss-245	40	46	company	company	NOUN
esutjss-245	40	47	.	.	PUNCT
esutjss-245	41	1	factors	factor	NOUN
esutjss-245	41	2	that	that	PRON
esutjss-245	41	3	affect	affect	VERB
esutjss-245	41	4	firm	firm	ADJ
esutjss-245	41	5	performance	performance	NOUN
esutjss-245	41	6	such	such	ADJ
esutjss-245	41	7	as	as	ADP
esutjss-245	41	8	liquidity	liquidity	NOUN
esutjss-245	41	9	,	,	PUNCT
esutjss-245	41	10	turnover	turnover	NOUN
esutjss-245	41	11	rate	rate	NOUN
esutjss-245	41	12	,	,	PUNCT
esutjss-245	41	13	sales	sale	NOUN
esutjss-245	41	14	growth	growth	NOUN
esutjss-245	41	15	,	,	PUNCT
esutjss-245	41	16	capital	capital	NOUN
esutjss-245	41	17	structure	structure	NOUN
esutjss-245	41	18	,	,	PUNCT
esutjss-245	41	19	operating	operating	NOUN
esutjss-245	41	20	efficiency	efficiency	NOUN
esutjss-245	41	21	,	,	PUNCT
esutjss-245	41	22	financial	financial	ADJ
esutjss-245	41	23	soundness	soundness	NOUN
esutjss-245	41	24	,	,	PUNCT
esutjss-245	41	25	board	board	NOUN
esutjss-245	41	26	attributes	attribute	NOUN
esutjss-245	41	27	,	,	PUNCT
esutjss-245	41	28	age	age	NOUN
esutjss-245	41	29	of	of	ADP
esutjss-245	41	30	the	the	DET
esutjss-245	41	31	company	company	NOUN
esutjss-245	41	32	,	,	PUNCT
esutjss-245	41	33	current	current	ADJ
esutjss-245	41	34	ratio	ratio	NOUN
esutjss-245	41	35	,	,	PUNCT
esutjss-245	41	36	firm	firm	ADJ
esutjss-245	41	37	size	size	NOUN
esutjss-245	41	38	,	,	PUNCT
esutjss-245	41	39	et	et	NOUN
esutjss-245	41	40	cetera	cetera	NOUN
esutjss-245	41	41	have	have	AUX
esutjss-245	41	42	been	be	AUX
esutjss-245	41	43	widely	widely	ADV
esutjss-245	41	44	discussed	discuss	VERB
esutjss-245	41	45	in	in	ADP
esutjss-245	41	46	various	various	ADJ
esutjss-245	41	47	empirical	empirical	ADJ
esutjss-245	41	48	studies	study	NOUN
esutjss-245	41	49	(	(	PUNCT
esutjss-245	41	50	fadhilah	fadhilah	PROPN
esutjss-245	41	51	,	,	PUNCT
esutjss-245	41	52	kurniati	kurniati	PROPN
esutjss-245	41	53	&	&	CCONJ
esutjss-245	41	54	suherman	suherman	PROPN
esutjss-245	41	55	,	,	PUNCT
esutjss-245	41	56	2022	2022	NUM
esutjss-245	41	57	;	;	PUNCT
esutjss-245	41	58	nguyen	nguyen	NOUN
esutjss-245	41	59	,	,	PUNCT
esutjss-245	41	60	tan	tan	PROPN
esutjss-245	41	61	&	&	CCONJ
esutjss-245	41	62	nguyen	nguyen	PROPN
esutjss-245	41	63	,	,	PUNCT
esutjss-245	41	64	2021	2021	NUM
esutjss-245	41	65	;	;	PUNCT
esutjss-245	41	66	dang	dang	PROPN
esutjss-245	41	67	,	,	PUNCT
esutjss-245	41	68	vu	vu	PROPN
esutjss-245	41	69	,	,	PUNCT
esutjss-245	41	70	ngo	ngo	PROPN
esutjss-245	41	71	&	&	CCONJ
esutjss-245	41	72	hoang	hoang	PROPN
esutjss-245	41	73	,	,	PUNCT
esutjss-245	41	74	2019	2019	NUM
esutjss-245	41	75	)	)	PUNCT
esutjss-245	41	76	.	.	PUNCT
esutjss-245	42	1	however	however	ADV
esutjss-245	42	2	,	,	PUNCT
esutjss-245	42	3	the	the	DET
esutjss-245	42	4	present	present	ADJ
esutjss-245	42	5	study	study	NOUN
esutjss-245	42	6	focuses	focus	VERB
esutjss-245	42	7	on	on	ADP
esutjss-245	42	8	only	only	ADV
esutjss-245	42	9	three	three	NUM
esutjss-245	42	10	determinants	determinant	NOUN
esutjss-245	42	11	which	which	PRON
esutjss-245	42	12	are	be	AUX
esutjss-245	42	13	:	:	PUNCT
esutjss-245	42	14	firm	firm	ADJ
esutjss-245	42	15	size	size	NOUN
esutjss-245	42	16	,	,	PUNCT
esutjss-245	42	17	firm	firm	ADJ
esutjss-245	42	18	liquidity	liquidity	NOUN
esutjss-245	42	19	,	,	PUNCT
esutjss-245	42	20	and	and	CCONJ
esutjss-245	42	21	firm	firm	ADJ
esutjss-245	42	22	leverage	leverage	NOUN
esutjss-245	42	23	.	.	PUNCT
esutjss-245	43	1	it	it	PRON
esutjss-245	43	2	is	be	AUX
esutjss-245	43	3	against	against	ADP
esutjss-245	43	4	this	this	DET
esutjss-245	43	5	backdrop	backdrop	NOUN
esutjss-245	43	6	that	that	SCONJ
esutjss-245	43	7	this	this	DET
esutjss-245	43	8	study	study	NOUN
esutjss-245	43	9	examines	examine	VERB
esutjss-245	43	10	the	the	DET
esutjss-245	43	11	effect	effect	NOUN
esutjss-245	43	12	of	of	ADP
esutjss-245	43	13	firms	firm	NOUN
esutjss-245	43	14	attributes	attribute	VERB
esutjss-245	43	15	on	on	ADP
esutjss-245	43	16	financial	financial	ADJ
esutjss-245	43	17	performance	performance	NOUN
esutjss-245	43	18	of	of	ADP
esutjss-245	43	19	listed	list	VERB
esutjss-245	43	20	industrial	industrial	ADJ
esutjss-245	43	21	goods	good	NOUN
esutjss-245	43	22	firms	firm	NOUN
esutjss-245	43	23	in	in	ADP
esutjss-245	43	24	nigeria	nigeria	PROPN
esutjss-245	43	25	.	.	PUNCT
esutjss-245	44	1	statement	statement	NOUN
esutjss-245	44	2	of	of	ADP
esutjss-245	44	3	problem	problem	NOUN
esutjss-245	44	4	shareholders	shareholder	NOUN
esutjss-245	44	5	and	and	CCONJ
esutjss-245	44	6	lenders	lender	NOUN
esutjss-245	44	7	invest	invest	VERB
esutjss-245	44	8	heavily	heavily	ADV
esutjss-245	44	9	in	in	ADP
esutjss-245	44	10	firms	firm	NOUN
esutjss-245	44	11	that	that	PRON
esutjss-245	44	12	are	be	AUX
esutjss-245	44	13	performing	perform	VERB
esutjss-245	44	14	financially	financially	ADV
esutjss-245	44	15	well	well	ADV
esutjss-245	44	16	.	.	PUNCT
esutjss-245	45	1	sound	sound	ADJ
esutjss-245	45	2	financial	financial	ADJ
esutjss-245	45	3	performance	performance	NOUN
esutjss-245	45	4	helps	help	VERB
esutjss-245	45	5	to	to	PART
esutjss-245	45	6	provide	provide	VERB
esutjss-245	45	7	a	a	DET
esutjss-245	45	8	healthy	healthy	ADJ
esutjss-245	45	9	environment	environment	NOUN
esutjss-245	45	10	that	that	PRON
esutjss-245	45	11	enables	enable	VERB
esutjss-245	45	12	a	a	DET
esutjss-245	45	13	company	company	NOUN
esutjss-245	45	14	maximise	maximise	VERB
esutjss-245	45	15	the	the	DET
esutjss-245	45	16	wealth	wealth	NOUN
esutjss-245	45	17	or	or	CCONJ
esutjss-245	45	18	investments	investment	NOUN
esutjss-245	45	19	of	of	ADP
esutjss-245	45	20	the	the	DET
esutjss-245	45	21	shareholders	shareholder	NOUN
esutjss-245	45	22	(	(	PUNCT
esutjss-245	45	23	nangih	nangih	INTJ
esutjss-245	45	24	,	,	PUNCT
esutjss-245	45	25	turakpe&effe	turakpe&effe	PROPN
esutjss-245	45	26	-	-	NOUN
esutjss-245	45	27	nnamdi	nnamdi	NOUN
esutjss-245	45	28	,	,	PUNCT
esutjss-245	45	29	2023	2023	NUM
esutjss-245	45	30	)	)	PUNCT
esutjss-245	45	31	.	.	PUNCT
esutjss-245	46	1	therefore	therefore	ADV
esutjss-245	46	2	these	these	DET
esutjss-245	46	3	stakeholders	stakeholder	NOUN
esutjss-245	46	4	expect	expect	VERB
esutjss-245	46	5	such	such	ADJ
esutjss-245	46	6	companies	company	NOUN
esutjss-245	46	7	to	to	PART
esutjss-245	46	8	perform	perform	VERB
esutjss-245	46	9	to	to	ADP
esutjss-245	46	10	the	the	DET
esutjss-245	46	11	expected	expect	VERB
esutjss-245	46	12	or	or	CCONJ
esutjss-245	46	13	even	even	ADV
esutjss-245	46	14	beyond	beyond	ADP
esutjss-245	46	15	standards	standard	NOUN
esutjss-245	46	16	.	.	PUNCT
esutjss-245	47	1	some	some	DET
esutjss-245	47	2	industrial	industrial	ADJ
esutjss-245	47	3	goods	good	NOUN
esutjss-245	47	4	companies	company	NOUN
esutjss-245	47	5	in	in	ADP
esutjss-245	47	6	nigeria	nigeria	PROPN
esutjss-245	47	7	have	have	AUX
esutjss-245	47	8	so	so	ADV
esutjss-245	47	9	far	far	ADV
esutjss-245	47	10	performed	perform	VERB
esutjss-245	47	11	well	well	ADV
esutjss-245	47	12	while	while	SCONJ
esutjss-245	47	13	others	other	NOUN
esutjss-245	47	14	have	have	AUX
esutjss-245	47	15	suffered	suffer	VERB
esutjss-245	47	16	declined	decline	VERB
esutjss-245	47	17	performance	performance	NOUN
esutjss-245	47	18	(	(	PUNCT
esutjss-245	47	19	ugbede	ugbede	NOUN
esutjss-245	47	20	,	,	PUNCT
esutjss-245	47	21	ekpa	ekpa	NOUN
esutjss-245	47	22	,	,	PUNCT
esutjss-245	47	23	odobi	odobi	PROPN
esutjss-245	47	24	,	,	PUNCT
esutjss-245	47	25	eidicha&egwuaba	eidicha&egwuaba	PROPN
esutjss-245	47	26	,	,	PUNCT
esutjss-245	47	27	2023	2023	NUM
esutjss-245	47	28	)	)	PUNCT
esutjss-245	47	29	.	.	PUNCT
esutjss-245	48	1	poor	poor	ADJ
esutjss-245	48	2	performance	performance	NOUN
esutjss-245	48	3	makes	make	VERB
esutjss-245	48	4	the	the	DET
esutjss-245	48	5	value	value	NOUN
esutjss-245	48	6	of	of	ADP
esutjss-245	48	7	the	the	DET
esutjss-245	48	8	firms	firm	NOUN
esutjss-245	48	9	to	to	PART
esutjss-245	48	10	go	go	VERB
esutjss-245	48	11	down	down	ADP
esutjss-245	48	12	since	since	SCONJ
esutjss-245	48	13	the	the	DET
esutjss-245	48	14	stock	stock	NOUN
esutjss-245	48	15	tend	tend	VERB
esutjss-245	48	16	to	to	PART
esutjss-245	48	17	be	be	AUX
esutjss-245	48	18	unattractive	unattractive	ADJ
esutjss-245	48	19	to	to	ADP
esutjss-245	48	20	investors	investor	NOUN
esutjss-245	48	21	.	.	PUNCT
esutjss-245	49	1	to	to	PART
esutjss-245	49	2	add	add	VERB
esutjss-245	49	3	to	to	ADP
esutjss-245	49	4	this	this	DET
esutjss-245	49	5	issue	issue	NOUN
esutjss-245	49	6	,	,	PUNCT
esutjss-245	49	7	the	the	DET
esutjss-245	49	8	condition	condition	NOUN
esutjss-245	49	9	of	of	ADP
esutjss-245	49	10	nigerian	nigerian	ADJ
esutjss-245	49	11	financial	financial	ADJ
esutjss-245	49	12	market	market	NOUN
esutjss-245	49	13	has	have	AUX
esutjss-245	49	14	been	be	AUX
esutjss-245	49	15	weakened	weaken	VERB
esutjss-245	49	16	by	by	ADP
esutjss-245	49	17	a	a	DET
esutjss-245	49	18	number	number	NOUN
esutjss-245	49	19	of	of	ADP
esutjss-245	49	20	uncertainties	uncertainty	NOUN
esutjss-245	49	21	and	and	CCONJ
esutjss-245	49	22	economic	economic	ADJ
esutjss-245	49	23	challenges	challenge	NOUN
esutjss-245	49	24	bedeviling	bedevil	VERB
esutjss-245	49	25	firm	firm	ADJ
esutjss-245	49	26	performance	performance	NOUN
esutjss-245	49	27	and	and	CCONJ
esutjss-245	49	28	impeding	impede	VERB
esutjss-245	49	29	the	the	DET
esutjss-245	49	30	smooth	smooth	ADJ
esutjss-245	49	31	running	running	NOUN
esutjss-245	49	32	of	of	ADP
esutjss-245	49	33	business	business	NOUN
esutjss-245	49	34	process	process	NOUN
esutjss-245	49	35	.	.	PUNCT
esutjss-245	50	1	the	the	DET
esutjss-245	50	2	consequence	consequence	NOUN
esutjss-245	50	3	is	be	AUX
esutjss-245	50	4	the	the	DET
esutjss-245	50	5	observed	observe	VERB
esutjss-245	50	6	decline	decline	NOUN
esutjss-245	50	7	in	in	ADP
esutjss-245	50	8	the	the	DET
esutjss-245	50	9	efficiency	efficiency	NOUN
esutjss-245	50	10	of	of	ADP
esutjss-245	50	11	firms	firm	NOUN
esutjss-245	50	12	that	that	PRON
esutjss-245	50	13	do	do	AUX
esutjss-245	50	14	not	not	PART
esutjss-245	50	15	have	have	VERB
esutjss-245	50	16	adequate	adequate	ADJ
esutjss-245	50	17	firm	firm	ADJ
esutjss-245	50	18	resources	resource	NOUN
esutjss-245	50	19	with	with	ADP
esutjss-245	50	20	which	which	PRON
esutjss-245	50	21	to	to	PART
esutjss-245	50	22	overcome	overcome	VERB
esutjss-245	50	23	the	the	DET
esutjss-245	50	24	challenges	challenge	NOUN
esutjss-245	50	25	.	.	PUNCT
esutjss-245	51	1	returns	return	NOUN
esutjss-245	51	2	on	on	ADP
esutjss-245	51	3	shareholders	shareholder	NOUN
esutjss-245	51	4	’	'	PUNCT
esutjss-245	51	5	investment	investment	NOUN
esutjss-245	51	6	which	which	PRON
esutjss-245	51	7	are	be	AUX
esutjss-245	51	8	the	the	DET
esutjss-245	51	9	best	good	ADJ
esutjss-245	51	10	reflection	reflection	NOUN
esutjss-245	51	11	of	of	ADP
esutjss-245	51	12	firms	firm	NOUN
esutjss-245	51	13	’	'	PUNCT
esutjss-245	51	14	performance	performance	NOUN
esutjss-245	51	15	have	have	AUX
esutjss-245	51	16	gone	go	VERB
esutjss-245	51	17	down	down	ADP
esutjss-245	51	18	beyond	beyond	ADP
esutjss-245	51	19	expectations	expectation	NOUN
esutjss-245	51	20	.	.	PUNCT
esutjss-245	52	1	while	while	SCONJ
esutjss-245	52	2	this	this	PRON
esutjss-245	52	3	may	may	AUX
esutjss-245	52	4	rightly	rightly	ADV
esutjss-245	52	5	be	be	AUX
esutjss-245	52	6	attributed	attribute	VERB
esutjss-245	52	7	to	to	ADP
esutjss-245	52	8	the	the	DET
esutjss-245	52	9	ravages	ravage	NOUN
esutjss-245	52	10	caused	cause	VERB
esutjss-245	52	11	by	by	ADP
esutjss-245	52	12	the	the	DET
esutjss-245	52	13	recent	recent	ADJ
esutjss-245	52	14	economic	economic	ADJ
esutjss-245	52	15	downturn	downturn	NOUN
esutjss-245	52	16	in	in	ADP
esutjss-245	52	17	the	the	DET
esutjss-245	52	18	country	country	NOUN
esutjss-245	52	19	and	and	CCONJ
esutjss-245	52	20	the	the	DET
esutjss-245	52	21	pandemic	pandemic	NOUN
esutjss-245	52	22	of	of	ADP
esutjss-245	52	23	the	the	DET
esutjss-245	52	24	covid-19	covid-19	PROPN
esutjss-245	52	25	,	,	PUNCT
esutjss-245	52	26	the	the	DET
esutjss-245	52	27	problem	problem	NOUN
esutjss-245	52	28	can	can	AUX
esutjss-245	52	29	not	not	PART
esutjss-245	52	30	be	be	AUX
esutjss-245	52	31	divorced	divorce	VERB
esutjss-245	52	32	from	from	ADP
esutjss-245	52	33	factors	factor	NOUN
esutjss-245	52	34	such	such	ADJ
esutjss-245	52	35	as	as	ADP
esutjss-245	52	36	poor	poor	ADJ
esutjss-245	52	37	firm	firm	ADJ
esutjss-245	52	38	size	size	NOUN
esutjss-245	52	39	,	,	PUNCT
esutjss-245	52	40	low	low	ADJ
esutjss-245	52	41	liquidity	liquidity	NOUN
esutjss-245	52	42	,	,	PUNCT
esutjss-245	52	43	and	and	CCONJ
esutjss-245	52	44	inadequate	inadequate	ADJ
esutjss-245	52	45	leverage	leverage	NOUN
esutjss-245	52	46	.	.	PUNCT
esutjss-245	53	1	in	in	ADP
esutjss-245	53	2	fact	fact	NOUN
esutjss-245	53	3	,	,	PUNCT
esutjss-245	53	4	the	the	DET
esutjss-245	53	5	financial	financial	ADJ
esutjss-245	53	6	performance	performance	NOUN
esutjss-245	53	7	of	of	ADP
esutjss-245	53	8	firms	firm	NOUN
esutjss-245	53	9	look	look	VERB
esutjss-245	53	10	more	more	ADV
esutjss-245	53	11	like	like	ADP
esutjss-245	53	12	the	the	DET
esutjss-245	53	13	accounting	accounting	NOUN
esutjss-245	53	14	information	information	NOUN
esutjss-245	53	15	embedded	embed	VERB
esutjss-245	53	16	in	in	ADP
esutjss-245	53	17	the	the	DET
esutjss-245	53	18	factors	factor	NOUN
esutjss-245	53	19	aforementioned	aforementione	VERB
esutjss-245	53	20	.	.	PUNCT
esutjss-245	54	1	investors	investor	NOUN
esutjss-245	54	2	perceive	perceive	VERB
esutjss-245	54	3	the	the	DET
esutjss-245	54	4	extent	extent	NOUN
esutjss-245	54	5	of	of	ADP
esutjss-245	54	6	success	success	NOUN
esutjss-245	54	7	attained	attain	VERB
esutjss-245	54	8	by	by	ADP
esutjss-245	54	9	a	a	DET
esutjss-245	54	10	firm	firm	NOUN
esutjss-245	54	11	through	through	ADP
esutjss-245	54	12	the	the	DET
esutjss-245	54	13	firm	firm	NOUN
esutjss-245	54	14	’s	’s	PART
esutjss-245	54	15	financial	financial	ADJ
esutjss-245	54	16	attributes	attribute	NOUN
esutjss-245	54	17	(	(	PUNCT
esutjss-245	54	18	appah	appah	PROPN
esutjss-245	54	19	,	,	PUNCT
esutjss-245	54	20	e.	e.	PROPN
esutjss-245	54	21	,	,	PUNCT
esutjss-245	54	22	&	&	CCONJ
esutjss-245	54	23	duoduo	duoduo	NOUN
esutjss-245	54	24	,	,	PUNCT
esutjss-245	54	25	g.	g.	PROPN
esutjss-245	54	26	(	(	PUNCT
esutjss-245	54	27	2024	2024	NUM
esutjss-245	54	28	)	)	PUNCT
esutjss-245	54	29	)	)	PUNCT
esutjss-245	54	30	.	.	PUNCT
esutjss-245	55	1	however	however	ADV
esutjss-245	55	2	,	,	PUNCT
esutjss-245	55	3	a	a	DET
esutjss-245	55	4	declining	decline	VERB
esutjss-245	55	5	financial	financial	ADJ
esutjss-245	55	6	performance	performance	NOUN
esutjss-245	55	7	often	often	ADV
esutjss-245	55	8	means	mean	VERB
esutjss-245	55	9	that	that	SCONJ
esutjss-245	55	10	the	the	DET
esutjss-245	55	11	investor	investor	NOUN
esutjss-245	55	12	’s	’s	PART
esutjss-245	55	13	perception	perception	NOUN
esutjss-245	55	14	of	of	ADP
esutjss-245	55	15	the	the	DET
esutjss-245	55	16	success	success	NOUN
esutjss-245	55	17	of	of	ADP
esutjss-245	55	18	the	the	DET
esutjss-245	55	19	company	company	NOUN
esutjss-245	55	20	will	will	AUX
esutjss-245	55	21	be	be	AUX
esutjss-245	55	22	poor	poor	ADJ
esutjss-245	55	23	and	and	CCONJ
esutjss-245	55	24	negative.when	negative.when	ADV
esutjss-245	55	25	the	the	DET
esutjss-245	55	26	financial	financial	ADJ
esutjss-245	55	27	performance	performance	NOUN
esutjss-245	55	28	of	of	ADP
esutjss-245	55	29	a	a	DET
esutjss-245	55	30	firm	firm	NOUN
esutjss-245	55	31	depreciates	depreciate	VERB
esutjss-245	55	32	,	,	PUNCT
esutjss-245	55	33	it	it	PRON
esutjss-245	55	34	shows	show	VERB
esutjss-245	55	35	in	in	ADP
esutjss-245	55	36	lower	low	ADJ
esutjss-245	55	37	stock	stock	NOUN
esutjss-245	55	38	prices	price	NOUN
esutjss-245	55	39	which	which	PRON
esutjss-245	55	40	provide	provide	VERB
esutjss-245	55	41	a	a	DET
esutjss-245	55	42	bad	bad	ADJ
esutjss-245	55	43	signal	signal	NOUN
esutjss-245	55	44	to	to	ADP
esutjss-245	55	45	the	the	DET
esutjss-245	55	46	market	market	NOUN
esutjss-245	55	47	and	and	CCONJ
esutjss-245	55	48	discourages	discourage	VERB
esutjss-245	55	49	investors	investor	NOUN
esutjss-245	55	50	’	’	PART
esutjss-245	55	51	interest	interest	NOUN
esutjss-245	55	52	in	in	ADP
esutjss-245	55	53	making	make	VERB
esutjss-245	55	54	investment	investment	NOUN
esutjss-245	55	55	decisions	decision	NOUN
esutjss-245	55	56	.	.	PUNCT
esutjss-245	56	1	even	even	ADV
esutjss-245	56	2	lenders	lender	NOUN
esutjss-245	56	3	are	be	AUX
esutjss-245	56	4	also	also	ADV
esutjss-245	56	5	discouraged	discourage	VERB
esutjss-245	56	6	from	from	ADP
esutjss-245	56	7	extending	extend	VERB
esutjss-245	56	8	long	long	ADJ
esutjss-245	56	9	-	-	PUNCT
esutjss-245	56	10	term	term	NOUN
esutjss-245	56	11	debt	debt	NOUN
esutjss-245	56	12	facilities	facility	NOUN
esutjss-245	56	13	to	to	ADP
esutjss-245	56	14	firms	firm	NOUN
esutjss-245	56	15	with	with	ADP
esutjss-245	56	16	declining	decline	VERB
esutjss-245	56	17	firm	firm	ADJ
esutjss-245	56	18	performance	performance	NOUN
esutjss-245	56	19	.	.	PUNCT
esutjss-245	57	1	this	this	PRON
esutjss-245	57	2	makes	make	VERB
esutjss-245	57	3	it	it	PRON
esutjss-245	57	4	justifiable	justifiable	ADJ
esutjss-245	57	5	to	to	PART
esutjss-245	57	6	examine	examine	VERB
esutjss-245	57	7	how	how	SCONJ
esutjss-245	57	8	firm	firm	ADJ
esutjss-245	57	9	attributes	attribute	NOUN
esutjss-245	57	10	affect	affect	VERB
esutjss-245	57	11	the	the	DET
esutjss-245	57	12	financial	financial	ADJ
esutjss-245	57	13	performance	performance	NOUN
esutjss-245	57	14	of	of	ADP
esutjss-245	57	15	lusted	lust	VERB
esutjss-245	57	16	industrial	industrial	ADJ
esutjss-245	57	17	goods	good	NOUN
esutjss-245	57	18	firms	firm	NOUN
esutjss-245	57	19	in	in	ADP
esutjss-245	57	20	nigeria	nigeria	PROPN
esutjss-245	57	21	.	.	PUNCT
esutjss-245	58	1	the	the	DET
esutjss-245	58	2	studies	study	NOUN
esutjss-245	58	3	in	in	ADP
esutjss-245	58	4	the	the	DET
esutjss-245	58	5	past	past	ADJ
esutjss-245	58	6	such	such	ADJ
esutjss-245	58	7	asnangih	asnangih	NOUN
esutjss-245	58	8	,	,	PUNCT
esutjss-245	58	9	turakpe	turakpe	NOUN
esutjss-245	58	10	and	and	CCONJ
esutjss-245	58	11	effe	effe	PROPN
esutjss-245	58	12	-	-	PUNCT
esutjss-245	58	13	nnamdi	nnamdi	PROPN
esutjss-245	58	14	(	(	PUNCT
esutjss-245	58	15	2023);sabiya	2023);sabiya	NUM
esutjss-245	58	16	and	and	CCONJ
esutjss-245	58	17	joel	joel	PROPN
esutjss-245	58	18	(	(	PUNCT
esutjss-245	58	19	2023);handoyo	2023);handoyo	NUM
esutjss-245	58	20	,	,	PUNCT
esutjss-245	58	21	mulyani	mulyani	NOUN
esutjss-245	58	22	,	,	PUNCT
esutjss-245	58	23	ghani	ghani	PROPN
esutjss-245	58	24	and	and	CCONJ
esutjss-245	58	25	soedarsono	soedarsono	PROPN
esutjss-245	58	26	(	(	PUNCT
esutjss-245	58	27	2023);fadhilah	2023);fadhilah	NUM
esutjss-245	58	28	,	,	PUNCT
esutjss-245	58	29	kurniati	kurniati	PROPN
esutjss-245	58	30	and	and	CCONJ
esutjss-245	58	31	suherman	suherman	PROPN
esutjss-245	58	32	(	(	PUNCT
esutjss-245	58	33	2022	2022	NUM
esutjss-245	58	34	)	)	PUNCT
esutjss-245	58	35	;	;	PUNCT
esutjss-245	58	36	mwendwa	mwendwa	NOUN
esutjss-245	58	37	(	(	PUNCT
esutjss-245	58	38	2022	2022	NUM
esutjss-245	58	39	)	)	PUNCT
esutjss-245	58	40	;	;	PUNCT
esutjss-245	58	41	bencharles	bencharle	NOUN
esutjss-245	58	42	and	and	CCONJ
esutjss-245	58	43	osifo	osifo	ADJ
esutjss-245	58	44	(	(	PUNCT
esutjss-245	58	45	2022	2022	NUM
esutjss-245	58	46	)	)	PUNCT
esutjss-245	58	47	;	;	PUNCT
esutjss-245	58	48	akhalumeh	akhalumeh	NOUN
esutjss-245	58	49	,	,	PUNCT
esutjss-245	58	50	izevbekhai	izevbekhai	NOUN
esutjss-245	58	51	and	and	CCONJ
esutjss-245	58	52	ohenhen	ohenhen	NOUN
esutjss-245	58	53	(	(	PUNCT
esutjss-245	58	54	2022	2022	NUM
esutjss-245	58	55	)	)	PUNCT
esutjss-245	58	56	;	;	PUNCT
esutjss-245	58	57	nguyen	nguyen	NOUN
esutjss-245	58	58	,	,	PUNCT
esutjss-245	58	59	tan	tan	PROPN
esutjss-245	58	60	and	and	CCONJ
esutjss-245	58	61	nguyen	nguyen	NOUN
esutjss-245	58	62	(	(	PUNCT
esutjss-245	58	63	2021	2021	NUM
esutjss-245	58	64	)	)	PUNCT
esutjss-245	58	65	;	;	PUNCT
esutjss-245	58	66	jihadi	jihadi	NOUN
esutjss-245	58	67	,	,	PUNCT
esutjss-245	58	68	vilantika	vilantika	PROPN
esutjss-245	58	69	,	,	PUNCT
esutjss-245	58	70	hashemi	hashemi	PROPN
esutjss-245	58	71	,	,	PUNCT
esutjss-245	58	72	arifin	arifin	PROPN
esutjss-245	58	73	,	,	PUNCT
esutjss-245	58	74	bachtiar	bachtiar	NOUN
esutjss-245	58	75	and	and	CCONJ
esutjss-245	58	76	sholichah	sholichah	PROPN
esutjss-245	58	77	(	(	PUNCT
esutjss-245	58	78	2021	2021	NUM
esutjss-245	58	79	)	)	PUNCT
esutjss-245	58	80	;	;	PUNCT
esutjss-245	58	81	jeroh	jeroh	NOUN
esutjss-245	58	82	(	(	PUNCT
esutjss-245	58	83	2020	2020	NUM
esutjss-245	58	84	)	)	PUNCT
esutjss-245	58	85	;	;	PUNCT
esutjss-245	58	86	hameed	hameed	NOUN
esutjss-245	58	87	and	and	CCONJ
esutjss-245	58	88	tsoho	tsoho	NOUN
esutjss-245	58	89	(	(	PUNCT
esutjss-245	58	90	2020	2020	NUM
esutjss-245	58	91	)	)	PUNCT
esutjss-245	58	92	;	;	PUNCT
esutjss-245	58	93	endri	endri	NOUN
esutjss-245	58	94	and	and	CCONJ
esutjss-245	58	95	fathony	fathony	ADJ
esutjss-245	58	96	(	(	PUNCT
esutjss-245	58	97	2020	2020	NUM
esutjss-245	58	98	)	)	PUNCT
esutjss-245	58	99	;	;	PUNCT
esutjss-245	58	100	abba	abba	PROPN
esutjss-245	58	101	,	,	PUNCT
esutjss-245	58	102	lawal	lawal	NOUN
esutjss-245	58	103	and	and	CCONJ
esutjss-245	58	104	sadah	sadah	NOUN
esutjss-245	58	105	(	(	PUNCT
esutjss-245	58	106	2020	2020	NUM
esutjss-245	58	107	)	)	PUNCT
esutjss-245	58	108	;	;	PUNCT
esutjss-245	58	109	sampurna	sampurna	NOUN
esutjss-245	58	110	and	and	CCONJ
esutjss-245	58	111	romawati	romawati	PROPN
esutjss-245	58	112	(	(	PUNCT
esutjss-245	58	113	2020	2020	NUM
esutjss-245	58	114	)	)	PUNCT
esutjss-245	58	115	;	;	PUNCT
esutjss-245	58	116	oyeyemi	oyeyemi	PROPN
esutjss-245	58	117	,	,	PUNCT
esutjss-245	58	118	enyi	enyi	NOUN
esutjss-245	58	119	and	and	CCONJ
esutjss-245	58	120	emmanuel	emmanuel	PROPN
esutjss-245	58	121	(	(	PUNCT
esutjss-245	58	122	2019	2019	NUM
esutjss-245	58	123	)	)	PUNCT
esutjss-245	58	124	;	;	PUNCT
esutjss-245	58	125	dang	dang	PROPN
esutjss-245	58	126	,	,	PUNCT
esutjss-245	58	127	vu	vu	PROPN
esutjss-245	58	128	,	,	PUNCT
esutjss-245	58	129	ngo	ngo	PROPN
esutjss-245	58	130	and	and	CCONJ
esutjss-245	58	131	hoang	hoang	PROPN
esutjss-245	58	132	(	(	PUNCT
esutjss-245	58	133	2019	2019	NUM
esutjss-245	58	134	)	)	PUNCT
esutjss-245	58	135	;	;	PUNCT
esutjss-245	58	136	sulaiman	sulaiman	PROPN
esutjss-245	58	137	,	,	PUNCT
esutjss-245	58	138	mijinyawa	mijinyawa	PROPN
esutjss-245	58	139	and	and	CCONJ
esutjss-245	58	140	isa	isa	PROPN
esutjss-245	58	141	(	(	PUNCT
esutjss-245	58	142	2019	2019	NUM
esutjss-245	58	143	)	)	PUNCT
esutjss-245	58	144	;	;	PUNCT
esutjss-245	58	145	et	et	NOUN
esutjss-245	58	146	cetera	cetera	NOUN
esutjss-245	58	147	which	which	PRON
esutjss-245	58	148	were	be	AUX
esutjss-245	58	149	conducted	conduct	VERB
esutjss-245	58	150	to	to	PART
esutjss-245	58	151	examine	examine	VERB
esutjss-245	58	152	similar	similar	ADJ
esutjss-245	58	153	issue	issue	NOUN
esutjss-245	58	154	did	do	AUX
esutjss-245	58	155	not	not	PART
esutjss-245	58	156	cover	cover	VERB
esutjss-245	58	157	2023	2023	NUM
esutjss-245	58	158	accounting	accounting	NOUN
esutjss-245	58	159	period	period	NOUN
esutjss-245	58	160	in	in	ADP
esutjss-245	58	161	nigeria	nigeria	PROPN
esutjss-245	58	162	,	,	PUNCT
esutjss-245	58	163	hence	hence	ADV
esutjss-245	58	164	the	the	DET
esutjss-245	58	165	need	need	NOUN
esutjss-245	58	166	to	to	PART
esutjss-245	58	167	expand	expand	VERB
esutjss-245	58	168	the	the	DET
esutjss-245	58	169	scope	scope	NOUN
esutjss-245	58	170	of	of	ADP
esutjss-245	58	171	the	the	DET
esutjss-245	58	172	study	study	NOUN
esutjss-245	58	173	.	.	PUNCT
esutjss-245	59	1	objective	objective	NOUN
esutjss-245	59	2	of	of	ADP
esutjss-245	59	3	the	the	DET
esutjss-245	59	4	study	study	NOUN
esutjss-245	59	5	the	the	DET
esutjss-245	59	6	main	main	ADJ
esutjss-245	59	7	objective	objective	NOUN
esutjss-245	59	8	of	of	ADP
esutjss-245	59	9	the	the	DET
esutjss-245	59	10	study	study	NOUN
esutjss-245	59	11	is	be	AUX
esutjss-245	59	12	to	to	PART
esutjss-245	59	13	examine	examine	VERB
esutjss-245	59	14	the	the	DET
esutjss-245	59	15	effect	effect	NOUN
esutjss-245	59	16	of	of	ADP
esutjss-245	59	17	firms	firm	NOUN
esutjss-245	59	18	attributes	attribute	VERB
esutjss-245	59	19	on	on	ADP
esutjss-245	59	20	financial	financial	ADJ
esutjss-245	59	21	performance	performance	NOUN
esutjss-245	59	22	of	of	ADP
esutjss-245	59	23	listed	list	VERB
esutjss-245	59	24	industrial	industrial	ADJ
esutjss-245	59	25	goods	good	NOUN
esutjss-245	59	26	firms	firm	NOUN
esutjss-245	59	27	in	in	ADP
esutjss-245	59	28	nigeria	nigeria	PROPN
esutjss-245	59	29	.	.	PUNCT
esutjss-245	60	1	the	the	DET
esutjss-245	60	2	specific	specific	ADJ
esutjss-245	60	3	objectives	objective	NOUN
esutjss-245	60	4	of	of	ADP
esutjss-245	60	5	the	the	DET
esutjss-245	60	6	study	study	NOUN
esutjss-245	60	7	are	be	AUX
esutjss-245	60	8	as	as	SCONJ
esutjss-245	60	9	follows	follow	VERB
esutjss-245	60	10	:	:	PUNCT
esutjss-245	60	11	568	568	NUM
esutjss-245	60	12	1	1	NUM
esutjss-245	60	13	.	.	PUNCT
esutjss-245	60	14	to	to	PART
esutjss-245	60	15	examine	examine	VERB
esutjss-245	60	16	the	the	DET
esutjss-245	60	17	effect	effect	NOUN
esutjss-245	60	18	of	of	ADP
esutjss-245	60	19	firm	firm	ADJ
esutjss-245	60	20	size	size	NOUN
esutjss-245	60	21	on	on	ADP
esutjss-245	60	22	the	the	DET
esutjss-245	60	23	net	net	ADJ
esutjss-245	60	24	profit	profit	NOUN
esutjss-245	60	25	margin	margin	NOUN
esutjss-245	60	26	of	of	ADP
esutjss-245	60	27	listed	list	VERB
esutjss-245	60	28	industrial	industrial	ADJ
esutjss-245	60	29	goods	good	NOUN
esutjss-245	60	30	firms	firm	NOUN
esutjss-245	60	31	in	in	ADP
esutjss-245	60	32	nigeria	nigeria	PROPN
esutjss-245	60	33	.	.	PUNCT
esutjss-245	61	1	2	2	X
esutjss-245	61	2	.	.	PUNCT
esutjss-245	61	3	to	to	PART
esutjss-245	61	4	ascertain	ascertain	VERB
esutjss-245	61	5	the	the	DET
esutjss-245	61	6	effect	effect	NOUN
esutjss-245	61	7	of	of	ADP
esutjss-245	61	8	firm	firm	ADJ
esutjss-245	61	9	liquidity	liquidity	NOUN
esutjss-245	61	10	on	on	ADP
esutjss-245	61	11	the	the	DET
esutjss-245	61	12	net	net	ADJ
esutjss-245	61	13	profit	profit	NOUN
esutjss-245	61	14	margin	margin	NOUN
esutjss-245	61	15	of	of	ADP
esutjss-245	61	16	listed	list	VERB
esutjss-245	61	17	industrial	industrial	ADJ
esutjss-245	61	18	goods	good	NOUN
esutjss-245	61	19	firms	firm	NOUN
esutjss-245	61	20	in	in	ADP
esutjss-245	61	21	nigeria	nigeria	PROPN
esutjss-245	61	22	.	.	PUNCT
esutjss-245	62	1	3	3	X
esutjss-245	62	2	.	.	PUNCT
esutjss-245	62	3	to	to	PART
esutjss-245	62	4	examine	examine	VERB
esutjss-245	62	5	the	the	DET
esutjss-245	62	6	effect	effect	NOUN
esutjss-245	62	7	of	of	ADP
esutjss-245	62	8	firm	firm	ADJ
esutjss-245	62	9	leverage	leverage	NOUN
esutjss-245	62	10	on	on	ADP
esutjss-245	62	11	the	the	DET
esutjss-245	62	12	net	net	ADJ
esutjss-245	62	13	profit	profit	NOUN
esutjss-245	62	14	margin	margin	NOUN
esutjss-245	62	15	of	of	ADP
esutjss-245	62	16	listed	list	VERB
esutjss-245	62	17	industrial	industrial	ADJ
esutjss-245	62	18	goods	good	NOUN
esutjss-245	62	19	firms	firm	NOUN
esutjss-245	62	20	in	in	ADP
esutjss-245	62	21	nigeria	nigeria	PROPN
esutjss-245	62	22	.	.	PUNCT
esutjss-245	63	1	research	research	NOUN
esutjss-245	63	2	hypotheses	hypothese	VERB
esutjss-245	63	3	the	the	DET
esutjss-245	63	4	following	follow	VERB
esutjss-245	63	5	research	research	NOUN
esutjss-245	63	6	hypotheses	hypothesis	NOUN
esutjss-245	63	7	stated	state	VERB
esutjss-245	63	8	in	in	ADP
esutjss-245	63	9	the	the	DET
esutjss-245	63	10	null	null	NOUN
esutjss-245	63	11	(	(	PUNCT
esutjss-245	63	12	h0	h0	PROPN
esutjss-245	63	13	)	)	PUNCT
esutjss-245	63	14	and	and	CCONJ
esutjss-245	63	15	alternate	alternate	ADJ
esutjss-245	63	16	(	(	PUNCT
esutjss-245	63	17	h1	h1	PROPN
esutjss-245	63	18	)	)	PUNCT
esutjss-245	63	19	are	be	AUX
esutjss-245	63	20	going	go	VERB
esutjss-245	63	21	to	to	PART
esutjss-245	63	22	be	be	AUX
esutjss-245	63	23	tested	test	VERB
esutjss-245	63	24	in	in	ADP
esutjss-245	63	25	the	the	DET
esutjss-245	63	26	study	study	NOUN
esutjss-245	63	27	as	as	SCONJ
esutjss-245	63	28	follows	follow	VERB
esutjss-245	63	29	:	:	PUNCT
esutjss-245	63	30	hypothesis	hypothesis	NOUN
esutjss-245	63	31	one	one	NUM
esutjss-245	63	32	:	:	PUNCT
esutjss-245	63	33	h0	h0	NOUN
esutjss-245	63	34	:	:	PUNCT
esutjss-245	63	35	firm	firm	ADJ
esutjss-245	63	36	size	size	NOUN
esutjss-245	63	37	has	have	VERB
esutjss-245	63	38	no	no	DET
esutjss-245	63	39	significant	significant	ADJ
esutjss-245	63	40	effect	effect	NOUN
esutjss-245	63	41	on	on	ADP
esutjss-245	63	42	the	the	DET
esutjss-245	63	43	profit	profit	NOUN
esutjss-245	63	44	margin	margin	NOUN
esutjss-245	63	45	of	of	ADP
esutjss-245	63	46	listed	list	VERB
esutjss-245	63	47	industrial	industrial	ADJ
esutjss-245	63	48	goods	good	NOUN
esutjss-245	63	49	firms	firm	NOUN
esutjss-245	63	50	in	in	ADP
esutjss-245	63	51	nigeria	nigeria	PROPN
esutjss-245	63	52	.	.	PUNCT
esutjss-245	64	1	h1	h1	PROPN
esutjss-245	64	2	:	:	PUNCT
esutjss-245	64	3	firm	firm	ADJ
esutjss-245	64	4	size	size	NOUN
esutjss-245	64	5	has	have	VERB
esutjss-245	64	6	a	a	DET
esutjss-245	64	7	significant	significant	ADJ
esutjss-245	64	8	effect	effect	NOUN
esutjss-245	64	9	on	on	ADP
esutjss-245	64	10	the	the	DET
esutjss-245	64	11	net	net	ADJ
esutjss-245	64	12	profit	profit	NOUN
esutjss-245	64	13	margin	margin	NOUN
esutjss-245	64	14	of	of	ADP
esutjss-245	64	15	listed	list	VERB
esutjss-245	64	16	industrial	industrial	ADJ
esutjss-245	64	17	goods	good	NOUN
esutjss-245	64	18	firms	firm	NOUN
esutjss-245	64	19	in	in	ADP
esutjss-245	64	20	nigeria	nigeria	PROPN
esutjss-245	64	21	.	.	PUNCT
esutjss-245	65	1	hypothesis	hypothesis	NOUN
esutjss-245	65	2	two	two	NUM
esutjss-245	65	3	h0	h0	NOUN
esutjss-245	65	4	:	:	PUNCT
esutjss-245	65	5	firm	firm	ADJ
esutjss-245	65	6	liquidity	liquidity	NOUN
esutjss-245	65	7	has	have	VERB
esutjss-245	65	8	no	no	DET
esutjss-245	65	9	significant	significant	ADJ
esutjss-245	65	10	effect	effect	NOUN
esutjss-245	65	11	on	on	ADP
esutjss-245	65	12	the	the	DET
esutjss-245	65	13	net	net	ADJ
esutjss-245	65	14	profit	profit	NOUN
esutjss-245	65	15	margin	margin	NOUN
esutjss-245	65	16	of	of	ADP
esutjss-245	65	17	listed	list	VERB
esutjss-245	65	18	industrial	industrial	ADJ
esutjss-245	65	19	goods	good	NOUN
esutjss-245	65	20	firms	firm	NOUN
esutjss-245	65	21	in	in	ADP
esutjss-245	65	22	nigeria	nigeria	PROPN
esutjss-245	65	23	.	.	PUNCT
esutjss-245	66	1	h1	h1	PROPN
esutjss-245	66	2	:	:	PUNCT
esutjss-245	66	3	firm	firm	ADJ
esutjss-245	66	4	liquidity	liquidity	NOUN
esutjss-245	66	5	has	have	VERB
esutjss-245	66	6	a	a	DET
esutjss-245	66	7	significant	significant	ADJ
esutjss-245	66	8	effect	effect	NOUN
esutjss-245	66	9	on	on	ADP
esutjss-245	66	10	the	the	DET
esutjss-245	66	11	net	net	ADJ
esutjss-245	66	12	profit	profit	NOUN
esutjss-245	66	13	margin	margin	NOUN
esutjss-245	66	14	of	of	ADP
esutjss-245	66	15	listed	list	VERB
esutjss-245	66	16	industrial	industrial	ADJ
esutjss-245	66	17	goods	good	NOUN
esutjss-245	66	18	firms	firm	NOUN
esutjss-245	66	19	in	in	ADP
esutjss-245	66	20	nigeria	nigeria	PROPN
esutjss-245	66	21	.	.	PUNCT
esutjss-245	67	1	hypothesis	hypothesis	NOUN
esutjss-245	67	2	three	three	NUM
esutjss-245	67	3	h0	h0	NOUN
esutjss-245	67	4	:	:	PUNCT
esutjss-245	67	5	firm	firm	ADJ
esutjss-245	67	6	leverage	leverage	NOUN
esutjss-245	67	7	has	have	VERB
esutjss-245	67	8	no	no	DET
esutjss-245	67	9	significant	significant	ADJ
esutjss-245	67	10	effect	effect	NOUN
esutjss-245	67	11	on	on	ADP
esutjss-245	67	12	the	the	DET
esutjss-245	67	13	net	net	ADJ
esutjss-245	67	14	profit	profit	NOUN
esutjss-245	67	15	margin	margin	NOUN
esutjss-245	67	16	of	of	ADP
esutjss-245	67	17	listed	list	VERB
esutjss-245	67	18	industrial	industrial	ADJ
esutjss-245	67	19	goods	good	NOUN
esutjss-245	67	20	firms	firm	NOUN
esutjss-245	67	21	in	in	ADP
esutjss-245	67	22	nigeria	nigeria	PROPN
esutjss-245	67	23	.	.	PUNCT
esutjss-245	68	1	h1	h1	PROPN
esutjss-245	68	2	:	:	PUNCT
esutjss-245	68	3	firm	firm	ADJ
esutjss-245	68	4	leverage	leverage	NOUN
esutjss-245	68	5	has	have	VERB
esutjss-245	68	6	a	a	DET
esutjss-245	68	7	significant	significant	ADJ
esutjss-245	68	8	effect	effect	NOUN
esutjss-245	68	9	on	on	ADP
esutjss-245	68	10	the	the	DET
esutjss-245	68	11	net	net	ADJ
esutjss-245	68	12	profit	profit	NOUN
esutjss-245	68	13	margin	margin	NOUN
esutjss-245	68	14	of	of	ADP
esutjss-245	68	15	listed	list	VERB
esutjss-245	68	16	industrial	industrial	ADJ
esutjss-245	68	17	goods	good	NOUN
esutjss-245	68	18	firms	firm	NOUN
esutjss-245	68	19	in	in	ADP
esutjss-245	68	20	nigeria	nigeria	PROPN
esutjss-245	68	21	.	.	PUNCT
esutjss-245	69	1	significance	significance	NOUN
esutjss-245	69	2	of	of	ADP
esutjss-245	69	3	the	the	DET
esutjss-245	69	4	study	study	NOUN
esutjss-245	69	5	the	the	DET
esutjss-245	69	6	significance	significance	NOUN
esutjss-245	69	7	of	of	ADP
esutjss-245	69	8	the	the	DET
esutjss-245	69	9	study	study	NOUN
esutjss-245	69	10	on	on	ADP
esutjss-245	69	11	the	the	DET
esutjss-245	69	12	effect	effect	NOUN
esutjss-245	69	13	of	of	ADP
esutjss-245	69	14	firms	firm	NOUN
esutjss-245	69	15	'	'	PART
esutjss-245	69	16	attributes	attribute	NOUN
esutjss-245	69	17	on	on	ADP
esutjss-245	69	18	the	the	DET
esutjss-245	69	19	financial	financial	ADJ
esutjss-245	69	20	performance	performance	NOUN
esutjss-245	69	21	of	of	ADP
esutjss-245	69	22	listed	list	VERB
esutjss-245	69	23	industrial	industrial	ADJ
esutjss-245	69	24	goods	good	NOUN
esutjss-245	69	25	firms	firm	NOUN
esutjss-245	69	26	in	in	ADP
esutjss-245	69	27	nigeria	nigeria	PROPN
esutjss-245	69	28	extends	extend	VERB
esutjss-245	69	29	its	its	PRON
esutjss-245	69	30	impact	impact	NOUN
esutjss-245	69	31	to	to	ADP
esutjss-245	69	32	various	various	ADJ
esutjss-245	69	33	stakeholders	stakeholder	NOUN
esutjss-245	69	34	.	.	PUNCT
esutjss-245	70	1	scope	scope	NOUN
esutjss-245	70	2	of	of	ADP
esutjss-245	70	3	the	the	DET
esutjss-245	70	4	study	study	NOUN
esutjss-245	70	5	this	this	DET
esutjss-245	70	6	project	project	NOUN
esutjss-245	70	7	mainly	mainly	ADV
esutjss-245	70	8	investigates	investigate	VERB
esutjss-245	70	9	the	the	DET
esutjss-245	70	10	effect	effect	NOUN
esutjss-245	70	11	of	of	ADP
esutjss-245	70	12	firm	firm	ADJ
esutjss-245	70	13	attributes	attribute	NOUN
esutjss-245	70	14	on	on	ADP
esutjss-245	70	15	the	the	DET
esutjss-245	70	16	financial	financial	ADJ
esutjss-245	70	17	performance	performance	NOUN
esutjss-245	70	18	of	of	ADP
esutjss-245	70	19	listed	list	VERB
esutjss-245	70	20	companies	company	NOUN
esutjss-245	70	21	in	in	ADP
esutjss-245	70	22	nigeria	nigeria	PROPN
esutjss-245	70	23	.	.	PUNCT
esutjss-245	71	1	the	the	DET
esutjss-245	71	2	target	target	NOUN
esutjss-245	71	3	population	population	NOUN
esutjss-245	71	4	is	be	AUX
esutjss-245	71	5	focused	focus	VERB
esutjss-245	71	6	on	on	ADP
esutjss-245	71	7	industrial	industrial	ADJ
esutjss-245	71	8	goods	good	NOUN
esutjss-245	71	9	firms	firm	NOUN
esutjss-245	71	10	whose	whose	DET
esutjss-245	71	11	shares	share	NOUN
esutjss-245	71	12	are	be	AUX
esutjss-245	71	13	traded	trade	VERB
esutjss-245	71	14	on	on	ADP
esutjss-245	71	15	the	the	DET
esutjss-245	71	16	nigerian	nigerian	ADJ
esutjss-245	71	17	exchange	exchange	NOUN
esutjss-245	71	18	group	group	NOUN
esutjss-245	71	19	.	.	PUNCT
esutjss-245	72	1	a	a	DET
esutjss-245	72	2	ten	ten	NUM
esutjss-245	72	3	(	(	PUNCT
esutjss-245	72	4	10	10	NUM
esutjss-245	72	5	)	)	PUNCT
esutjss-245	72	6	year	year	NOUN
esutjss-245	72	7	time	time	NOUN
esutjss-245	72	8	scope	scope	NOUN
esutjss-245	72	9	from	from	ADP
esutjss-245	72	10	2014	2014	NUM
esutjss-245	72	11	-	-	SYM
esutjss-245	72	12	2023	2023	NUM
esutjss-245	72	13	is	be	AUX
esutjss-245	72	14	adopted	adopt	VERB
esutjss-245	72	15	in	in	ADP
esutjss-245	72	16	this	this	DET
esutjss-245	72	17	research	research	NOUN
esutjss-245	72	18	.	.	PUNCT
esutjss-245	73	1	the	the	DET
esutjss-245	73	2	proxies	proxy	NOUN
esutjss-245	73	3	for	for	ADP
esutjss-245	73	4	the	the	DET
esutjss-245	73	5	firm	firm	ADJ
esutjss-245	73	6	attributes	attribute	NOUN
esutjss-245	73	7	are	be	AUX
esutjss-245	73	8	firm	firm	ADJ
esutjss-245	73	9	size	size	NOUN
esutjss-245	73	10	,	,	PUNCT
esutjss-245	73	11	firm	firm	ADJ
esutjss-245	73	12	liquidity	liquidity	NOUN
esutjss-245	73	13	,	,	PUNCT
esutjss-245	73	14	and	and	CCONJ
esutjss-245	73	15	firm	firm	ADJ
esutjss-245	73	16	leverage	leverage	NOUN
esutjss-245	73	17	while	while	SCONJ
esutjss-245	73	18	the	the	DET
esutjss-245	73	19	proxy	proxy	NOUN
esutjss-245	73	20	for	for	ADP
esutjss-245	73	21	financial	financial	ADJ
esutjss-245	73	22	performance	performance	NOUN
esutjss-245	73	23	is	be	AUX
esutjss-245	73	24	net	net	ADJ
esutjss-245	73	25	profit	profit	NOUN
esutjss-245	73	26	margin	margin	NOUN
esutjss-245	73	27	.	.	PUNCT
esutjss-245	74	1	conceptual	conceptual	ADJ
esutjss-245	74	2	framework	framework	NOUN
esutjss-245	74	3	firm	firm	NOUN
esutjss-245	74	4	attributes	attribute	VERB
esutjss-245	74	5	firm	firm	ADJ
esutjss-245	74	6	attribute	attribute	NOUN
esutjss-245	74	7	can	can	AUX
esutjss-245	74	8	be	be	AUX
esutjss-245	74	9	defined	define	VERB
esutjss-245	74	10	as	as	ADP
esutjss-245	74	11	the	the	DET
esutjss-245	74	12	characteristics	characteristic	NOUN
esutjss-245	74	13	or	or	CCONJ
esutjss-245	74	14	internal	internal	ADJ
esutjss-245	74	15	features	feature	NOUN
esutjss-245	74	16	that	that	PRON
esutjss-245	74	17	define	define	VERB
esutjss-245	74	18	and	and	CCONJ
esutjss-245	74	19	describe	describe	VERB
esutjss-245	74	20	a	a	DET
esutjss-245	74	21	particular	particular	ADJ
esutjss-245	74	22	company	company	NOUN
esutjss-245	74	23	(	(	PUNCT
esutjss-245	74	24	amahalu&okudo	amahalu&okudo	PROPN
esutjss-245	74	25	,	,	PUNCT
esutjss-245	74	26	2023	2023	NUM
esutjss-245	74	27	)	)	PUNCT
esutjss-245	74	28	.	.	PUNCT
esutjss-245	75	1	within	within	ADP
esutjss-245	75	2	the	the	DET
esutjss-245	75	3	context	context	NOUN
esutjss-245	75	4	of	of	ADP
esutjss-245	75	5	organizational	organizational	ADJ
esutjss-245	75	6	dynamics	dynamic	NOUN
esutjss-245	75	7	,	,	PUNCT
esutjss-245	75	8	firm	firm	ADJ
esutjss-245	75	9	attributes	attribute	VERB
esutjss-245	75	10	encompasses	encompass	VERB
esutjss-245	75	11	a	a	DET
esutjss-245	75	12	broad	broad	ADJ
esutjss-245	75	13	spectrum	spectrum	NOUN
esutjss-245	75	14	of	of	ADP
esutjss-245	75	15	features	feature	NOUN
esutjss-245	75	16	that	that	PRON
esutjss-245	75	17	collectively	collectively	ADV
esutjss-245	75	18	shape	shape	VERB
esutjss-245	75	19	and	and	CCONJ
esutjss-245	75	20	delineate	delineate	VERB
esutjss-245	75	21	the	the	DET
esutjss-245	75	22	distinct	distinct	ADJ
esutjss-245	75	23	identity	identity	NOUN
esutjss-245	75	24	of	of	ADP
esutjss-245	75	25	a	a	DET
esutjss-245	75	26	particular	particular	ADJ
esutjss-245	75	27	business	business	NOUN
esutjss-245	75	28	enterprise	enterprise	NOUN
esutjss-245	75	29	.	.	PUNCT
esutjss-245	76	1	these	these	DET
esutjss-245	76	2	attributes	attribute	NOUN
esutjss-245	76	3	serve	serve	VERB
esutjss-245	76	4	as	as	ADP
esutjss-245	76	5	the	the	DET
esutjss-245	76	6	569	569	NUM
esutjss-245	76	7	foundational	foundational	ADJ
esutjss-245	76	8	elements	element	NOUN
esutjss-245	76	9	that	that	PRON
esutjss-245	76	10	not	not	PART
esutjss-245	76	11	only	only	ADV
esutjss-245	76	12	define	define	VERB
esutjss-245	76	13	the	the	DET
esutjss-245	76	14	external	external	ADJ
esutjss-245	76	15	image	image	NOUN
esutjss-245	76	16	but	but	CCONJ
esutjss-245	76	17	also	also	ADV
esutjss-245	76	18	involvedly	involvedly	ADV
esutjss-245	76	19	contribute	contribute	VERB
esutjss-245	76	20	to	to	ADP
esutjss-245	76	21	the	the	DET
esutjss-245	76	22	internal	internal	ADJ
esutjss-245	76	23	workings	working	NOUN
esutjss-245	76	24	(	(	PUNCT
esutjss-245	76	25	appah&duoduo	appah&duoduo	NOUN
esutjss-245	76	26	,	,	PUNCT
esutjss-245	76	27	2024)and	2024)and	NUM
esutjss-245	76	28	culture	culture	NOUN
esutjss-245	76	29	of	of	ADP
esutjss-245	76	30	the	the	DET
esutjss-245	76	31	organization	organization	NOUN
esutjss-245	76	32	.	.	PUNCT
esutjss-245	77	1	they	they	PRON
esutjss-245	77	2	represent	represent	VERB
esutjss-245	77	3	the	the	DET
esutjss-245	77	4	unique	unique	ADJ
esutjss-245	77	5	qualities	quality	NOUN
esutjss-245	77	6	,	,	PUNCT
esutjss-245	77	7	traits	trait	NOUN
esutjss-245	77	8	,	,	PUNCT
esutjss-245	77	9	and	and	CCONJ
esutjss-245	77	10	facets	facet	NOUN
esutjss-245	77	11	that	that	PRON
esutjss-245	77	12	set	set	VERB
esutjss-245	77	13	a	a	DET
esutjss-245	77	14	company	company	NOUN
esutjss-245	77	15	apart	apart	ADV
esutjss-245	77	16	within	within	ADP
esutjss-245	77	17	its	its	PRON
esutjss-245	77	18	industry	industry	NOUN
esutjss-245	77	19	and	and	CCONJ
esutjss-245	77	20	contribute	contribute	VERB
esutjss-245	77	21	to	to	ADP
esutjss-245	77	22	its	its	PRON
esutjss-245	77	23	overall	overall	ADJ
esutjss-245	77	24	character	character	NOUN
esutjss-245	77	25	(	(	PUNCT
esutjss-245	77	26	nworie	nworie	ADJ
esutjss-245	77	27	,	,	PUNCT
esutjss-245	77	28	okafor	okafor	PROPN
esutjss-245	77	29	and	and	CCONJ
esutjss-245	77	30	john	john	PROPN
esutjss-245	77	31	-	-	PUNCT
esutjss-245	77	32	akamelu	akamelu	PROPN
esutjss-245	77	33	,	,	PUNCT
esutjss-245	77	34	2022	2022	NUM
esutjss-245	77	35	)	)	PUNCT
esutjss-245	77	36	.	.	PUNCT
esutjss-245	78	1	at	at	ADP
esutjss-245	78	2	a	a	DET
esutjss-245	78	3	fundamental	fundamental	ADJ
esutjss-245	78	4	level	level	NOUN
esutjss-245	78	5	,	,	PUNCT
esutjss-245	78	6	firmsattributes	firmsattribute	NOUN
esutjss-245	78	7	encompass	encompass	VERB
esutjss-245	78	8	a	a	DET
esutjss-245	78	9	myriad	myriad	NOUN
esutjss-245	78	10	of	of	ADP
esutjss-245	78	11	dimensions	dimension	NOUN
esutjss-245	78	12	,	,	PUNCT
esutjss-245	78	13	including	include	VERB
esutjss-245	78	14	but	but	CCONJ
esutjss-245	78	15	not	not	PART
esutjss-245	78	16	limited	limit	VERB
esutjss-245	78	17	to	to	ADP
esutjss-245	78	18	organizational	organizational	ADJ
esutjss-245	78	19	structure	structure	NOUN
esutjss-245	78	20	,	,	PUNCT
esutjss-245	78	21	cultural	cultural	ADJ
esutjss-245	78	22	nuances	nuance	NOUN
esutjss-245	78	23	,	,	PUNCT
esutjss-245	78	24	strategic	strategic	ADJ
esutjss-245	78	25	orientation	orientation	NOUN
esutjss-245	78	26	,	,	PUNCT
esutjss-245	78	27	and	and	CCONJ
esutjss-245	78	28	operational	operational	ADJ
esutjss-245	78	29	practices	practice	NOUN
esutjss-245	78	30	(	(	PUNCT
esutjss-245	78	31	bala	bala	NOUN
esutjss-245	78	32	,	,	PUNCT
esutjss-245	78	33	2021	2021	NUM
esutjss-245	78	34	)	)	PUNCT
esutjss-245	78	35	.	.	PUNCT
esutjss-245	79	1	the	the	DET
esutjss-245	79	2	organizational	organizational	ADJ
esutjss-245	79	3	structure	structure	NOUN
esutjss-245	79	4	,	,	PUNCT
esutjss-245	79	5	for	for	ADP
esutjss-245	79	6	instance	instance	NOUN
esutjss-245	79	7	,	,	PUNCT
esutjss-245	79	8	delineates	delineate	VERB
esutjss-245	79	9	the	the	DET
esutjss-245	79	10	hierarchical	hierarchical	ADJ
esutjss-245	79	11	framework	framework	NOUN
esutjss-245	79	12	,	,	PUNCT
esutjss-245	79	13	reporting	report	VERB
esutjss-245	79	14	relationships	relationship	NOUN
esutjss-245	79	15	,	,	PUNCT
esutjss-245	79	16	and	and	CCONJ
esutjss-245	79	17	the	the	DET
esutjss-245	79	18	overall	overall	ADJ
esutjss-245	79	19	arrangement	arrangement	NOUN
esutjss-245	79	20	of	of	ADP
esutjss-245	79	21	departments	department	NOUN
esutjss-245	79	22	within	within	ADP
esutjss-245	79	23	the	the	DET
esutjss-245	79	24	company	company	NOUN
esutjss-245	79	25	.	.	PUNCT
esutjss-245	80	1	cultural	cultural	ADJ
esutjss-245	80	2	attributes	attribute	NOUN
esutjss-245	80	3	delve	delve	VERB
esutjss-245	80	4	into	into	ADP
esutjss-245	80	5	the	the	DET
esutjss-245	80	6	shared	share	VERB
esutjss-245	80	7	values	value	NOUN
esutjss-245	80	8	,	,	PUNCT
esutjss-245	80	9	beliefs	belief	NOUN
esutjss-245	80	10	,	,	PUNCT
esutjss-245	80	11	and	and	CCONJ
esutjss-245	80	12	norms	norm	NOUN
esutjss-245	80	13	that	that	PRON
esutjss-245	80	14	permeate	permeate	VERB
esutjss-245	80	15	the	the	DET
esutjss-245	80	16	organizational	organizational	ADJ
esutjss-245	80	17	environment	environment	NOUN
esutjss-245	80	18	,	,	PUNCT
esutjss-245	80	19	influencing	influence	VERB
esutjss-245	80	20	employee	employee	NOUN
esutjss-245	80	21	behavior	behavior	NOUN
esutjss-245	80	22	,	,	PUNCT
esutjss-245	80	23	decision	decision	NOUN
esutjss-245	80	24	-	-	PUNCT
esutjss-245	80	25	making	make	VERB
esutjss-245	80	26	processes	process	NOUN
esutjss-245	80	27	,	,	PUNCT
esutjss-245	80	28	and	and	CCONJ
esutjss-245	80	29	the	the	DET
esutjss-245	80	30	overall	overall	ADJ
esutjss-245	80	31	work	work	NOUN
esutjss-245	80	32	ethos	etho	VERB
esutjss-245	80	33	.	.	PUNCT
esutjss-245	81	1	moreover	moreover	ADV
esutjss-245	81	2	,	,	PUNCT
esutjss-245	81	3	firms	firm	NOUN
esutjss-245	81	4	attributes	attribute	VERB
esutjss-245	81	5	extend	extend	VERB
esutjss-245	81	6	their	their	PRON
esutjss-245	81	7	reach	reach	NOUN
esutjss-245	81	8	to	to	ADP
esutjss-245	81	9	strategic	strategic	ADJ
esutjss-245	81	10	orientation	orientation	NOUN
esutjss-245	81	11	,	,	PUNCT
esutjss-245	81	12	encapsulating	encapsulate	VERB
esutjss-245	81	13	the	the	DET
esutjss-245	81	14	company	company	NOUN
esutjss-245	81	15	's	's	PART
esutjss-245	81	16	overarching	overarching	ADJ
esutjss-245	81	17	approach	approach	NOUN
esutjss-245	81	18	to	to	ADP
esutjss-245	81	19	achieving	achieve	VERB
esutjss-245	81	20	its	its	PRON
esutjss-245	81	21	goals	goal	NOUN
esutjss-245	81	22	and	and	CCONJ
esutjss-245	81	23	addressing	address	VERB
esutjss-245	81	24	the	the	DET
esutjss-245	81	25	competitive	competitive	ADJ
esutjss-245	81	26	business	business	NOUN
esutjss-245	81	27	environment	environment	NOUN
esutjss-245	81	28	.	.	PUNCT
esutjss-245	82	1	this	this	PRON
esutjss-245	82	2	includes	include	VERB
esutjss-245	82	3	considerations	consideration	NOUN
esutjss-245	82	4	such	such	ADJ
esutjss-245	82	5	as	as	ADP
esutjss-245	82	6	firm	firm	ADJ
esutjss-245	82	7	leverage	leverage	NOUN
esutjss-245	82	8	,	,	PUNCT
esutjss-245	82	9	liquidity	liquidity	NOUN
esutjss-245	82	10	,	,	PUNCT
esutjss-245	82	11	size	size	NOUN
esutjss-245	82	12	,	,	PUNCT
esutjss-245	82	13	innovation	innovation	NOUN
esutjss-245	82	14	,	,	PUNCT
esutjss-245	82	15	market	market	NOUN
esutjss-245	82	16	positioning	positioning	NOUN
esutjss-245	82	17	,	,	PUNCT
esutjss-245	82	18	and	and	CCONJ
esutjss-245	82	19	responsiveness	responsiveness	NOUN
esutjss-245	82	20	to	to	ADP
esutjss-245	82	21	external	external	ADJ
esutjss-245	82	22	factors	factor	NOUN
esutjss-245	82	23	(	(	PUNCT
esutjss-245	82	24	efuntade&akinola	efuntade&akinola	PROPN
esutjss-245	82	25	,	,	PUNCT
esutjss-245	82	26	2020	2020	NUM
esutjss-245	82	27	)	)	PUNCT
esutjss-245	82	28	.	.	PUNCT
esutjss-245	83	1	operational	operational	ADJ
esutjss-245	83	2	practices	practice	NOUN
esutjss-245	83	3	,	,	PUNCT
esutjss-245	83	4	on	on	ADP
esutjss-245	83	5	the	the	DET
esutjss-245	83	6	other	other	ADJ
esutjss-245	83	7	hand	hand	NOUN
esutjss-245	83	8	,	,	PUNCT
esutjss-245	83	9	encapsulate	encapsulate	VERB
esutjss-245	83	10	the	the	DET
esutjss-245	83	11	day	day	NOUN
esutjss-245	83	12	-	-	PUNCT
esutjss-245	83	13	to	to	ADP
esutjss-245	83	14	-	-	PUNCT
esutjss-245	83	15	day	day	NOUN
esutjss-245	83	16	procedures	procedure	NOUN
esutjss-245	83	17	,	,	PUNCT
esutjss-245	83	18	methodologies	methodology	NOUN
esutjss-245	83	19	,	,	PUNCT
esutjss-245	83	20	and	and	CCONJ
esutjss-245	83	21	efficiency	efficiency	NOUN
esutjss-245	83	22	measures	measure	NOUN
esutjss-245	83	23	that	that	PRON
esutjss-245	83	24	contribute	contribute	VERB
esutjss-245	83	25	to	to	ADP
esutjss-245	83	26	the	the	DET
esutjss-245	83	27	company	company	NOUN
esutjss-245	83	28	's	's	PART
esutjss-245	83	29	overall	overall	ADJ
esutjss-245	83	30	functionality	functionality	NOUN
esutjss-245	83	31	and	and	CCONJ
esutjss-245	83	32	performance.in	performance.in	NUM
esutjss-245	83	33	essence	essence	NOUN
esutjss-245	83	34	,	,	PUNCT
esutjss-245	83	35	the	the	DET
esutjss-245	83	36	concept	concept	NOUN
esutjss-245	83	37	of	of	ADP
esutjss-245	83	38	firms	firm	NOUN
esutjss-245	83	39	attribute	attribute	NOUN
esutjss-245	83	40	embodies	embody	VERB
esutjss-245	83	41	the	the	DET
esutjss-245	83	42	holistic	holistic	ADJ
esutjss-245	83	43	essence	essence	NOUN
esutjss-245	83	44	of	of	ADP
esutjss-245	83	45	an	an	DET
esutjss-245	83	46	organization	organization	NOUN
esutjss-245	83	47	,	,	PUNCT
esutjss-245	83	48	encapsulating	encapsulate	VERB
esutjss-245	83	49	its	its	PRON
esutjss-245	83	50	personality	personality	NOUN
esutjss-245	83	51	,	,	PUNCT
esutjss-245	83	52	identity	identity	NOUN
esutjss-245	83	53	,	,	PUNCT
esutjss-245	83	54	and	and	CCONJ
esutjss-245	83	55	operational	operational	ADJ
esutjss-245	83	56	framework	framework	NOUN
esutjss-245	83	57	(	(	PUNCT
esutjss-245	83	58	nworie	nworie	ADJ
esutjss-245	83	59	,	,	PUNCT
esutjss-245	83	60	okafor	okafor	PROPN
esutjss-245	83	61	and	and	CCONJ
esutjss-245	83	62	john	john	PROPN
esutjss-245	83	63	-	-	PUNCT
esutjss-245	83	64	akamelu	akamelu	PROPN
esutjss-245	83	65	,	,	PUNCT
esutjss-245	83	66	2022	2022	NUM
esutjss-245	83	67	)	)	PUNCT
esutjss-245	83	68	.	.	PUNCT
esutjss-245	84	1	these	these	DET
esutjss-245	84	2	attributes	attribute	NOUN
esutjss-245	84	3	collectively	collectively	ADV
esutjss-245	84	4	contribute	contribute	VERB
esutjss-245	84	5	to	to	ADP
esutjss-245	84	6	the	the	DET
esutjss-245	84	7	narrative	narrative	NOUN
esutjss-245	84	8	of	of	ADP
esutjss-245	84	9	the	the	DET
esutjss-245	84	10	company	company	NOUN
esutjss-245	84	11	,	,	PUNCT
esutjss-245	84	12	influencing	influence	VERB
esutjss-245	84	13	stakeholder	stakeholder	NOUN
esutjss-245	84	14	perceptions	perception	NOUN
esutjss-245	84	15	,	,	PUNCT
esutjss-245	84	16	shaping	shape	VERB
esutjss-245	84	17	organizational	organizational	ADJ
esutjss-245	84	18	resilience	resilience	NOUN
esutjss-245	84	19	,	,	PUNCT
esutjss-245	84	20	and	and	CCONJ
esutjss-245	84	21	defining	define	VERB
esutjss-245	84	22	the	the	DET
esutjss-245	84	23	trajectory	trajectory	NOUN
esutjss-245	84	24	of	of	ADP
esutjss-245	84	25	its	its	PRON
esutjss-245	84	26	success	success	NOUN
esutjss-245	84	27	within	within	ADP
esutjss-245	84	28	the	the	DET
esutjss-245	84	29	changing	change	VERB
esutjss-245	84	30	business	business	NOUN
esutjss-245	84	31	environment	environment	NOUN
esutjss-245	84	32	.	.	PUNCT
esutjss-245	85	1	understanding	understanding	NOUN
esutjss-245	85	2	and	and	CCONJ
esutjss-245	85	3	strategically	strategically	ADV
esutjss-245	85	4	managing	manage	VERB
esutjss-245	85	5	these	these	DET
esutjss-245	85	6	attributes	attribute	NOUN
esutjss-245	85	7	become	become	VERB
esutjss-245	85	8	imperative	imperative	ADJ
esutjss-245	85	9	for	for	ADP
esutjss-245	85	10	companies	company	NOUN
esutjss-245	85	11	aiming	aim	VERB
esutjss-245	85	12	not	not	PART
esutjss-245	85	13	only	only	ADV
esutjss-245	85	14	to	to	PART
esutjss-245	85	15	establish	establish	VERB
esutjss-245	85	16	a	a	DET
esutjss-245	85	17	distinct	distinct	ADJ
esutjss-245	85	18	market	market	NOUN
esutjss-245	85	19	presence	presence	NOUN
esutjss-245	85	20	but	but	CCONJ
esutjss-245	85	21	also	also	ADV
esutjss-245	85	22	to	to	PART
esutjss-245	85	23	foster	foster	VERB
esutjss-245	85	24	a	a	DET
esutjss-245	85	25	resilient	resilient	ADJ
esutjss-245	85	26	and	and	CCONJ
esutjss-245	85	27	adaptable	adaptable	ADJ
esutjss-245	85	28	internal	internal	ADJ
esutjss-245	85	29	environment	environment	NOUN
esutjss-245	85	30	conducive	conducive	ADJ
esutjss-245	85	31	to	to	ADP
esutjss-245	85	32	sustained	sustained	ADJ
esutjss-245	85	33	growth	growth	NOUN
esutjss-245	85	34	and	and	CCONJ
esutjss-245	85	35	success	success	NOUN
esutjss-245	85	36	.	.	PUNCT
esutjss-245	86	1	firm	firm	ADJ
esutjss-245	86	2	size	size	NOUN
esutjss-245	86	3	firm	firm	NOUN
esutjss-245	86	4	size	size	NOUN
esutjss-245	86	5	is	be	AUX
esutjss-245	86	6	crucial	crucial	ADJ
esutjss-245	86	7	aspect	aspect	NOUN
esutjss-245	86	8	of	of	ADP
esutjss-245	86	9	business	business	NOUN
esutjss-245	86	10	that	that	PRON
esutjss-245	86	11	can	can	AUX
esutjss-245	86	12	be	be	AUX
esutjss-245	86	13	determined	determine	VERB
esutjss-245	86	14	by	by	ADP
esutjss-245	86	15	either	either	CCONJ
esutjss-245	86	16	the	the	DET
esutjss-245	86	17	total	total	ADJ
esutjss-245	86	18	assets	asset	NOUN
esutjss-245	86	19	or	or	CCONJ
esutjss-245	86	20	the	the	DET
esutjss-245	86	21	total	total	ADJ
esutjss-245	86	22	sales	sale	NOUN
esutjss-245	86	23	generated	generate	VERB
esutjss-245	86	24	by	by	ADP
esutjss-245	86	25	a	a	DET
esutjss-245	86	26	company	company	NOUN
esutjss-245	86	27	(	(	PUNCT
esutjss-245	86	28	akhalumeh	akhalumeh	PROPN
esutjss-245	86	29	,	,	PUNCT
esutjss-245	86	30	izevbekhai	izevbekhai	PROPN
esutjss-245	86	31	&	&	CCONJ
esutjss-245	86	32	ohenhen	ohenhen	NOUN
esutjss-245	86	33	,	,	PUNCT
esutjss-245	86	34	2022	2022	NUM
esutjss-245	86	35	)	)	PUNCT
esutjss-245	86	36	.	.	PUNCT
esutjss-245	87	1	the	the	DET
esutjss-245	87	2	size	size	NOUN
esutjss-245	87	3	of	of	ADP
esutjss-245	87	4	a	a	DET
esutjss-245	87	5	consumer	consumer	NOUN
esutjss-245	87	6	goods	good	NOUN
esutjss-245	87	7	firm	firm	NOUN
esutjss-245	87	8	is	be	AUX
esutjss-245	87	9	commonly	commonly	ADV
esutjss-245	87	10	measured	measure	VERB
esutjss-245	87	11	by	by	ADP
esutjss-245	87	12	the	the	DET
esutjss-245	87	13	value	value	NOUN
esutjss-245	87	14	of	of	ADP
esutjss-245	87	15	its	its	PRON
esutjss-245	87	16	assets	asset	NOUN
esutjss-245	87	17	.	.	PUNCT
esutjss-245	88	1	however	however	ADV
esutjss-245	88	2	,	,	PUNCT
esutjss-245	88	3	there	there	PRON
esutjss-245	88	4	are	be	VERB
esutjss-245	88	5	other	other	ADJ
esutjss-245	88	6	factors	factor	NOUN
esutjss-245	88	7	that	that	PRON
esutjss-245	88	8	can	can	AUX
esutjss-245	88	9	be	be	AUX
esutjss-245	88	10	used	use	VERB
esutjss-245	88	11	to	to	PART
esutjss-245	88	12	classify	classify	VERB
esutjss-245	88	13	a	a	DET
esutjss-245	88	14	company	company	NOUN
esutjss-245	88	15	as	as	ADV
esutjss-245	88	16	big	big	ADJ
esutjss-245	88	17	or	or	CCONJ
esutjss-245	88	18	small	small	ADJ
esutjss-245	88	19	,	,	PUNCT
esutjss-245	88	20	such	such	ADJ
esutjss-245	88	21	as	as	ADP
esutjss-245	88	22	the	the	DET
esutjss-245	88	23	scale	scale	NOUN
esutjss-245	88	24	of	of	ADP
esutjss-245	88	25	operations	operation	NOUN
esutjss-245	88	26	and	and	CCONJ
esutjss-245	88	27	number	number	NOUN
esutjss-245	88	28	of	of	ADP
esutjss-245	88	29	employees	employee	NOUN
esutjss-245	88	30	(	(	PUNCT
esutjss-245	88	31	hameed	hameed	PROPN
esutjss-245	88	32	&	&	CCONJ
esutjss-245	88	33	tsoho	tsoho	NOUN
esutjss-245	88	34	,	,	PUNCT
esutjss-245	88	35	2020	2020	NUM
esutjss-245	88	36	)	)	PUNCT
esutjss-245	88	37	.	.	PUNCT
esutjss-245	89	1	firm	firm	ADJ
esutjss-245	89	2	size	size	NOUN
esutjss-245	89	3	can	can	AUX
esutjss-245	89	4	have	have	VERB
esutjss-245	89	5	a	a	DET
esutjss-245	89	6	significant	significant	ADJ
esutjss-245	89	7	impact	impact	NOUN
esutjss-245	89	8	on	on	ADP
esutjss-245	89	9	a	a	DET
esutjss-245	89	10	company	company	NOUN
esutjss-245	89	11	’s	’s	PART
esutjss-245	89	12	competitiveness	competitiveness	NOUN
esutjss-245	89	13	(	(	PUNCT
esutjss-245	89	14	sampurna	sampurna	NOUN
esutjss-245	89	15	&	&	CCONJ
esutjss-245	89	16	romawati	romawati	PROPN
esutjss-245	89	17	,	,	PUNCT
esutjss-245	89	18	2020	2020	NUM
esutjss-245	89	19	)	)	PUNCT
esutjss-245	89	20	,	,	PUNCT
esutjss-245	89	21	as	as	SCONJ
esutjss-245	89	22	larger	large	ADJ
esutjss-245	89	23	companies	company	NOUN
esutjss-245	89	24	tend	tend	VERB
esutjss-245	89	25	to	to	PART
esutjss-245	89	26	have	have	VERB
esutjss-245	89	27	more	more	ADJ
esutjss-245	89	28	resources	resource	NOUN
esutjss-245	89	29	to	to	PART
esutjss-245	89	30	support	support	VERB
esutjss-245	89	31	their	their	PRON
esutjss-245	89	32	operations	operation	NOUN
esutjss-245	89	33	and	and	CCONJ
esutjss-245	89	34	benefit	benefit	VERB
esutjss-245	89	35	from	from	ADP
esutjss-245	89	36	economies	economy	NOUN
esutjss-245	89	37	of	of	ADP
esutjss-245	89	38	scale	scale	NOUN
esutjss-245	89	39	,	,	PUNCT
esutjss-245	89	40	which	which	PRON
esutjss-245	89	41	allow	allow	VERB
esutjss-245	89	42	them	they	PRON
esutjss-245	89	43	to	to	PART
esutjss-245	89	44	lower	lower	VERB
esutjss-245	89	45	costs	cost	NOUN
esutjss-245	89	46	and	and	CCONJ
esutjss-245	89	47	increase	increase	VERB
esutjss-245	89	48	output	output	NOUN
esutjss-245	89	49	(	(	PUNCT
esutjss-245	89	50	nguyen	nguyen	NOUN
esutjss-245	89	51	,	,	PUNCT
esutjss-245	89	52	tan	tan	PROPN
esutjss-245	89	53	&	&	CCONJ
esutjss-245	89	54	nguyen	nguyen	PROPN
esutjss-245	89	55	,	,	PUNCT
esutjss-245	89	56	2021	2021	NUM
esutjss-245	89	57	)	)	PUNCT
esutjss-245	89	58	.	.	PUNCT
esutjss-245	90	1	it	it	PRON
esutjss-245	90	2	is	be	AUX
esutjss-245	90	3	important	important	ADJ
esutjss-245	90	4	to	to	PART
esutjss-245	90	5	note	note	VERB
esutjss-245	90	6	that	that	SCONJ
esutjss-245	90	7	the	the	DET
esutjss-245	90	8	definition	definition	NOUN
esutjss-245	90	9	of	of	ADP
esutjss-245	90	10	firm	firm	ADJ
esutjss-245	90	11	size	size	NOUN
esutjss-245	90	12	may	may	AUX
esutjss-245	90	13	vary	vary	VERB
esutjss-245	90	14	depending	depend	VERB
esutjss-245	90	15	on	on	ADP
esutjss-245	90	16	the	the	DET
esutjss-245	90	17	context	context	NOUN
esutjss-245	90	18	,	,	PUNCT
esutjss-245	90	19	industry	industry	NOUN
esutjss-245	90	20	,	,	PUNCT
esutjss-245	90	21	or	or	CCONJ
esutjss-245	90	22	country	country	NOUN
esutjss-245	90	23	.	.	PUNCT
esutjss-245	91	1	for	for	ADP
esutjss-245	91	2	instance	instance	NOUN
esutjss-245	91	3	,	,	PUNCT
esutjss-245	91	4	a	a	DET
esutjss-245	91	5	small	small	ADJ
esutjss-245	91	6	business	business	NOUN
esutjss-245	91	7	in	in	ADP
esutjss-245	91	8	one	one	NUM
esutjss-245	91	9	industry	industry	NOUN
esutjss-245	91	10	may	may	AUX
esutjss-245	91	11	be	be	AUX
esutjss-245	91	12	considered	consider	VERB
esutjss-245	91	13	a	a	DET
esutjss-245	91	14	large	large	ADJ
esutjss-245	91	15	business	business	NOUN
esutjss-245	91	16	in	in	ADP
esutjss-245	91	17	another	another	PRON
esutjss-245	91	18	.	.	PUNCT
esutjss-245	92	1	in	in	ADP
esutjss-245	92	2	addition	addition	NOUN
esutjss-245	92	3	,	,	PUNCT
esutjss-245	92	4	the	the	DET
esutjss-245	92	5	measurement	measurement	NOUN
esutjss-245	92	6	of	of	ADP
esutjss-245	92	7	firm	firm	ADJ
esutjss-245	92	8	size	size	NOUN
esutjss-245	92	9	can	can	AUX
esutjss-245	92	10	also	also	ADV
esutjss-245	92	11	be	be	AUX
esutjss-245	92	12	influenced	influence	VERB
esutjss-245	92	13	by	by	ADP
esutjss-245	92	14	other	other	ADJ
esutjss-245	92	15	factors	factor	NOUN
esutjss-245	92	16	,	,	PUNCT
esutjss-245	92	17	such	such	ADJ
esutjss-245	92	18	as	as	ADP
esutjss-245	92	19	the	the	DET
esutjss-245	92	20	age	age	NOUN
esutjss-245	92	21	of	of	ADP
esutjss-245	92	22	the	the	DET
esutjss-245	92	23	company	company	NOUN
esutjss-245	92	24	,	,	PUNCT
esutjss-245	92	25	its	its	PRON
esutjss-245	92	26	ownership	ownership	NOUN
esutjss-245	92	27	structure	structure	NOUN
esutjss-245	92	28	,	,	PUNCT
esutjss-245	92	29	and	and	CCONJ
esutjss-245	92	30	its	its	PRON
esutjss-245	92	31	location	location	NOUN
esutjss-245	92	32	(	(	PUNCT
esutjss-245	92	33	jeroh	jeroh	NOUN
esutjss-245	92	34	,	,	PUNCT
esutjss-245	92	35	2020	2020	NUM
esutjss-245	92	36	)	)	PUNCT
esutjss-245	92	37	.	.	PUNCT
esutjss-245	93	1	therefore	therefore	ADV
esutjss-245	93	2	,	,	PUNCT
esutjss-245	93	3	it	it	PRON
esutjss-245	93	4	is	be	AUX
esutjss-245	93	5	essential	essential	ADJ
esutjss-245	93	6	to	to	PART
esutjss-245	93	7	consider	consider	VERB
esutjss-245	93	8	the	the	DET
esutjss-245	93	9	specific	specific	ADJ
esutjss-245	93	10	context	context	NOUN
esutjss-245	93	11	when	when	SCONJ
esutjss-245	93	12	discussing	discuss	VERB
esutjss-245	93	13	firm	firm	ADJ
esutjss-245	93	14	size	size	NOUN
esutjss-245	93	15	.	.	PUNCT
esutjss-245	94	1	moreover	moreover	ADV
esutjss-245	94	2	,	,	PUNCT
esutjss-245	94	3	while	while	SCONJ
esutjss-245	94	4	large	large	ADJ
esutjss-245	94	5	companies	company	NOUN
esutjss-245	94	6	may	may	AUX
esutjss-245	94	7	have	have	VERB
esutjss-245	94	8	some	some	DET
esutjss-245	94	9	advantages	advantage	NOUN
esutjss-245	94	10	,	,	PUNCT
esutjss-245	94	11	such	such	ADJ
esutjss-245	94	12	as	as	ADP
esutjss-245	94	13	greater	great	ADJ
esutjss-245	94	14	resources	resource	NOUN
esutjss-245	94	15	and	and	CCONJ
esutjss-245	94	16	economies	economy	NOUN
esutjss-245	94	17	of	of	ADP
esutjss-245	94	18	scale	scale	NOUN
esutjss-245	94	19	,	,	PUNCT
esutjss-245	94	20	small	small	ADJ
esutjss-245	94	21	companies	company	NOUN
esutjss-245	94	22	can	can	AUX
esutjss-245	94	23	also	also	ADV
esutjss-245	94	24	thrive	thrive	VERB
esutjss-245	94	25	in	in	ADP
esutjss-245	94	26	specific	specific	ADJ
esutjss-245	94	27	riches	rich	NOUN
esutjss-245	94	28	,	,	PUNCT
esutjss-245	94	29	provide	provide	VERB
esutjss-245	94	30	personalized	personalized	ADJ
esutjss-245	94	31	services	service	NOUN
esutjss-245	94	32	,	,	PUNCT
esutjss-245	94	33	and	and	CCONJ
esutjss-245	94	34	be	be	AUX
esutjss-245	94	35	more	more	ADV
esutjss-245	94	36	innovative	innovative	ADJ
esutjss-245	94	37	and	and	CCONJ
esutjss-245	94	38	agile	agile	ADJ
esutjss-245	94	39	(	(	PUNCT
esutjss-245	94	40	fadhilah	fadhilah	PROPN
esutjss-245	94	41	,	,	PUNCT
esutjss-245	94	42	kurniati	kurniati	PROPN
esutjss-245	94	43	&	&	CCONJ
esutjss-245	94	44	suherman	suherman	PROPN
esutjss-245	94	45	,	,	PUNCT
esutjss-245	94	46	2022	2022	NUM
esutjss-245	94	47	)	)	PUNCT
esutjss-245	94	48	.	.	PUNCT
esutjss-245	95	1	in	in	ADP
esutjss-245	95	2	some	some	DET
esutjss-245	95	3	cases	case	NOUN
esutjss-245	95	4	,	,	PUNCT
esutjss-245	95	5	smaller	small	ADJ
esutjss-245	95	6	companies	company	NOUN
esutjss-245	95	7	may	may	AUX
esutjss-245	95	8	be	be	AUX
esutjss-245	95	9	better	well	ADV
esutjss-245	95	10	suited	suited	ADJ
esutjss-245	95	11	to	to	PART
esutjss-245	95	12	respond	respond	VERB
esutjss-245	95	13	quickly	quickly	ADV
esutjss-245	95	14	to	to	ADP
esutjss-245	95	15	changing	change	VERB
esutjss-245	95	16	market	market	NOUN
esutjss-245	95	17	conditions	condition	NOUN
esutjss-245	95	18	or	or	CCONJ
esutjss-245	95	19	customer	customer	NOUN
esutjss-245	95	20	needs	need	NOUN
esutjss-245	95	21	,	,	PUNCT
esutjss-245	95	22	whereas	whereas	SCONJ
esutjss-245	95	23	larger	large	ADJ
esutjss-245	95	24	companies	company	NOUN
esutjss-245	95	25	may	may	AUX
esutjss-245	95	26	struggle	struggle	VERB
esutjss-245	95	27	to	to	PART
esutjss-245	95	28	adapt	adapt	VERB
esutjss-245	95	29	due	due	ADP
esutjss-245	95	30	to	to	ADP
esutjss-245	95	31	their	their	PRON
esutjss-245	95	32	size	size	NOUN
esutjss-245	95	33	and	and	CCONJ
esutjss-245	95	34	bureaucracy	bureaucracy	NOUN
esutjss-245	95	35	.	.	PUNCT
esutjss-245	96	1	570	570	NUM
esutjss-245	96	2	thus	thus	ADV
esutjss-245	96	3	,	,	PUNCT
esutjss-245	96	4	firm	firm	ADJ
esutjss-245	96	5	size	size	NOUN
esutjss-245	96	6	is	be	AUX
esutjss-245	96	7	an	an	DET
esutjss-245	96	8	essential	essential	ADJ
esutjss-245	96	9	aspect	aspect	NOUN
esutjss-245	96	10	of	of	ADP
esutjss-245	96	11	business	business	NOUN
esutjss-245	96	12	that	that	PRON
esutjss-245	96	13	can	can	AUX
esutjss-245	96	14	be	be	AUX
esutjss-245	96	15	determined	determine	VERB
esutjss-245	96	16	by	by	ADP
esutjss-245	96	17	different	different	ADJ
esutjss-245	96	18	factors	factor	NOUN
esutjss-245	96	19	such	such	ADJ
esutjss-245	96	20	as	as	ADP
esutjss-245	96	21	total	total	ADJ
esutjss-245	96	22	assets	asset	NOUN
esutjss-245	96	23	,	,	PUNCT
esutjss-245	96	24	total	total	ADJ
esutjss-245	96	25	sales	sale	NOUN
esutjss-245	96	26	,	,	PUNCT
esutjss-245	96	27	scale	scale	NOUN
esutjss-245	96	28	of	of	ADP
esutjss-245	96	29	operations	operation	NOUN
esutjss-245	96	30	,	,	PUNCT
esutjss-245	96	31	and	and	CCONJ
esutjss-245	96	32	number	number	NOUN
esutjss-245	96	33	of	of	ADP
esutjss-245	96	34	employees	employee	NOUN
esutjss-245	96	35	(	(	PUNCT
esutjss-245	96	36	dang	dang	INTJ
esutjss-245	96	37	,	,	PUNCT
esutjss-245	96	38	vu	vu	PROPN
esutjss-245	96	39	,	,	PUNCT
esutjss-245	96	40	ngo	ngo	PROPN
esutjss-245	96	41	,	,	PUNCT
esutjss-245	96	42	hoang	hoang	PROPN
esutjss-245	96	43	,	,	PUNCT
esutjss-245	96	44	2019	2019	NUM
esutjss-245	96	45	)	)	PUNCT
esutjss-245	96	46	.	.	PUNCT
esutjss-245	97	1	while	while	SCONJ
esutjss-245	97	2	large	large	ADJ
esutjss-245	97	3	companies	company	NOUN
esutjss-245	97	4	may	may	AUX
esutjss-245	97	5	enjoy	enjoy	VERB
esutjss-245	97	6	advantages	advantage	NOUN
esutjss-245	97	7	such	such	ADJ
esutjss-245	97	8	as	as	ADP
esutjss-245	97	9	more	more	ADJ
esutjss-245	97	10	resources	resource	NOUN
esutjss-245	97	11	and	and	CCONJ
esutjss-245	97	12	economies	economy	NOUN
esutjss-245	97	13	of	of	ADP
esutjss-245	97	14	scale	scale	NOUN
esutjss-245	97	15	,	,	PUNCT
esutjss-245	97	16	small	small	ADJ
esutjss-245	97	17	companies	company	NOUN
esutjss-245	97	18	can	can	AUX
esutjss-245	97	19	also	also	ADV
esutjss-245	97	20	be	be	AUX
esutjss-245	97	21	competitive	competitive	ADJ
esutjss-245	97	22	by	by	ADP
esutjss-245	97	23	specializing	specialize	VERB
esutjss-245	97	24	in	in	ADP
esutjss-245	97	25	niche	niche	NOUN
esutjss-245	97	26	markets	market	NOUN
esutjss-245	97	27	,	,	PUNCT
esutjss-245	97	28	providing	provide	VERB
esutjss-245	97	29	personalized	personalized	ADJ
esutjss-245	97	30	services	service	NOUN
esutjss-245	97	31	,	,	PUNCT
esutjss-245	97	32	and	and	CCONJ
esutjss-245	97	33	being	be	AUX
esutjss-245	97	34	more	more	ADV
esutjss-245	97	35	innovative	innovative	ADJ
esutjss-245	97	36	and	and	CCONJ
esutjss-245	97	37	agile	agile	ADJ
esutjss-245	97	38	(	(	PUNCT
esutjss-245	97	39	fadhilah	fadhilah	PROPN
esutjss-245	97	40	,	,	PUNCT
esutjss-245	97	41	kurniati	kurniati	PROPN
esutjss-245	97	42	,	,	PUNCT
esutjss-245	97	43	&	&	CCONJ
esutjss-245	97	44	suherman	suherman	PROPN
esutjss-245	97	45	,	,	PUNCT
esutjss-245	97	46	2022	2022	NUM
esutjss-245	97	47	)	)	PUNCT
esutjss-245	97	48	.	.	PUNCT
esutjss-245	98	1	understanding	understand	VERB
esutjss-245	98	2	the	the	DET
esutjss-245	98	3	concept	concept	NOUN
esutjss-245	98	4	of	of	ADP
esutjss-245	98	5	firm	firm	ADJ
esutjss-245	98	6	size	size	NOUN
esutjss-245	98	7	is	be	AUX
esutjss-245	98	8	crucial	crucial	ADJ
esutjss-245	98	9	for	for	ADP
esutjss-245	98	10	business	business	NOUN
esutjss-245	98	11	owners	owner	NOUN
esutjss-245	98	12	,	,	PUNCT
esutjss-245	98	13	policymakers	policymaker	NOUN
esutjss-245	98	14	,	,	PUNCT
esutjss-245	98	15	investors	investor	NOUN
esutjss-245	98	16	,	,	PUNCT
esutjss-245	98	17	and	and	CCONJ
esutjss-245	98	18	other	other	ADJ
esutjss-245	98	19	stakeholders	stakeholder	NOUN
esutjss-245	98	20	who	who	PRON
esutjss-245	98	21	need	need	VERB
esutjss-245	98	22	to	to	PART
esutjss-245	98	23	make	make	VERB
esutjss-245	98	24	informed	informed	ADJ
esutjss-245	98	25	decisions	decision	NOUN
esutjss-245	98	26	about	about	ADP
esutjss-245	98	27	the	the	DET
esutjss-245	98	28	companies	company	NOUN
esutjss-245	98	29	the	the	DET
esutjss-245	98	30	interact	interact	NOUN
esutjss-245	98	31	with	with	ADP
esutjss-245	98	32	(	(	PUNCT
esutjss-245	98	33	shuaibu	shuaibu	NOUN
esutjss-245	98	34	,	,	PUNCT
esutjss-245	98	35	ali	ali	PROPN
esutjss-245	98	36	,	,	PUNCT
esutjss-245	98	37	&	&	CCONJ
esutjss-245	98	38	amin	amin	PROPN
esutjss-245	98	39	,	,	PUNCT
esutjss-245	98	40	2019	2019	NUM
esutjss-245	98	41	)	)	PUNCT
esutjss-245	98	42	.	.	PUNCT
esutjss-245	99	1	firm	firm	ADJ
esutjss-245	99	2	liquidity	liquidity	PROPN
esutjss-245	99	3	firm	firm	NOUN
esutjss-245	99	4	liquidity	liquidity	NOUN
esutjss-245	99	5	refers	refer	VERB
esutjss-245	99	6	to	to	ADP
esutjss-245	99	7	a	a	DET
esutjss-245	99	8	company	company	NOUN
esutjss-245	99	9	's	's	PART
esutjss-245	99	10	ability	ability	NOUN
esutjss-245	99	11	to	to	PART
esutjss-245	99	12	meet	meet	VERB
esutjss-245	99	13	its	its	PRON
esutjss-245	99	14	short	short	ADJ
esutjss-245	99	15	-	-	PUNCT
esutjss-245	99	16	term	term	NOUN
esutjss-245	99	17	financial	financial	ADJ
esutjss-245	99	18	obligations	obligation	NOUN
esutjss-245	99	19	as	as	SCONJ
esutjss-245	99	20	they	they	PRON
esutjss-245	99	21	come	come	VERB
esutjss-245	99	22	due	due	ADJ
esutjss-245	99	23	.	.	PUNCT
esutjss-245	100	1	this	this	PRON
esutjss-245	100	2	includes	include	VERB
esutjss-245	100	3	the	the	DET
esutjss-245	100	4	company	company	NOUN
esutjss-245	100	5	's	's	PART
esutjss-245	100	6	ability	ability	NOUN
esutjss-245	100	7	to	to	PART
esutjss-245	100	8	pay	pay	VERB
esutjss-245	100	9	its	its	PRON
esutjss-245	100	10	bills	bill	NOUN
esutjss-245	100	11	,	,	PUNCT
esutjss-245	100	12	meet	meet	VERB
esutjss-245	100	13	payroll	payroll	NOUN
esutjss-245	100	14	obligations	obligation	NOUN
esutjss-245	100	15	,	,	PUNCT
esutjss-245	100	16	and	and	CCONJ
esutjss-245	100	17	make	make	VERB
esutjss-245	100	18	timely	timely	ADJ
esutjss-245	100	19	payments	payment	NOUN
esutjss-245	100	20	on	on	ADP
esutjss-245	100	21	short	short	ADJ
esutjss-245	100	22	-	-	PUNCT
esutjss-245	100	23	term	term	NOUN
esutjss-245	100	24	loans	loan	NOUN
esutjss-245	100	25	(	(	PUNCT
esutjss-245	100	26	nguyen	nguyen	NOUN
esutjss-245	100	27	,	,	PUNCT
esutjss-245	100	28	tan	tan	PROPN
esutjss-245	100	29	&	&	CCONJ
esutjss-245	100	30	nguyen	nguyen	PROPN
esutjss-245	100	31	,	,	PUNCT
esutjss-245	100	32	2021	2021	NUM
esutjss-245	100	33	)	)	PUNCT
esutjss-245	100	34	.	.	PUNCT
esutjss-245	101	1	a	a	DET
esutjss-245	101	2	company	company	NOUN
esutjss-245	101	3	's	's	PART
esutjss-245	101	4	liquidity	liquidity	NOUN
esutjss-245	101	5	is	be	AUX
esutjss-245	101	6	important	important	ADJ
esutjss-245	101	7	because	because	SCONJ
esutjss-245	101	8	it	it	PRON
esutjss-245	101	9	affects	affect	VERB
esutjss-245	101	10	its	its	PRON
esutjss-245	101	11	ability	ability	NOUN
esutjss-245	101	12	to	to	PART
esutjss-245	101	13	operate	operate	VERB
esutjss-245	101	14	and	and	CCONJ
esutjss-245	101	15	maintain	maintain	VERB
esutjss-245	101	16	its	its	PRON
esutjss-245	101	17	day	day	NOUN
esutjss-245	101	18	-	-	PUNCT
esutjss-245	101	19	to	to	ADP
esutjss-245	101	20	-	-	PUNCT
esutjss-245	101	21	day	day	NOUN
esutjss-245	101	22	business	business	NOUN
esutjss-245	101	23	activities	activity	NOUN
esutjss-245	101	24	.	.	PUNCT
esutjss-245	102	1	having	have	VERB
esutjss-245	102	2	good	good	ADJ
esutjss-245	102	3	firm	firm	ADJ
esutjss-245	102	4	liquidity	liquidity	NOUN
esutjss-245	102	5	is	be	AUX
esutjss-245	102	6	critical	critical	ADJ
esutjss-245	102	7	for	for	ADP
esutjss-245	102	8	a	a	DET
esutjss-245	102	9	company	company	NOUN
esutjss-245	102	10	's	's	PART
esutjss-245	102	11	going	go	VERB
esutjss-245	102	12	concern	concern	NOUN
esutjss-245	102	13	and	and	CCONJ
esutjss-245	102	14	for	for	ADP
esutjss-245	102	15	maintaining	maintain	VERB
esutjss-245	102	16	a	a	DET
esutjss-245	102	17	positive	positive	ADJ
esutjss-245	102	18	reputation	reputation	NOUN
esutjss-245	102	19	in	in	ADP
esutjss-245	102	20	the	the	DET
esutjss-245	102	21	market	market	NOUN
esutjss-245	102	22	.	.	PUNCT
esutjss-245	103	1	a	a	DET
esutjss-245	103	2	company	company	NOUN
esutjss-245	103	3	with	with	ADP
esutjss-245	103	4	high	high	ADJ
esutjss-245	103	5	liquidity	liquidity	NOUN
esutjss-245	103	6	is	be	AUX
esutjss-245	103	7	considered	consider	VERB
esutjss-245	103	8	to	to	PART
esutjss-245	103	9	have	have	VERB
esutjss-245	103	10	the	the	DET
esutjss-245	103	11	capacity	capacity	NOUN
esutjss-245	103	12	to	to	PART
esutjss-245	103	13	cover	cover	VERB
esutjss-245	103	14	its	its	PRON
esutjss-245	103	15	obligations	obligation	NOUN
esutjss-245	103	16	and	and	CCONJ
esutjss-245	103	17	maintain	maintain	VERB
esutjss-245	103	18	its	its	PRON
esutjss-245	103	19	operations	operation	NOUN
esutjss-245	103	20	even	even	ADV
esutjss-245	103	21	during	during	ADP
esutjss-245	103	22	times	time	NOUN
esutjss-245	103	23	of	of	ADP
esutjss-245	103	24	economic	economic	ADJ
esutjss-245	103	25	downturn	downturn	NOUN
esutjss-245	103	26	or	or	CCONJ
esutjss-245	103	27	market	market	NOUN
esutjss-245	103	28	volatility	volatility	NOUN
esutjss-245	103	29	(	(	PUNCT
esutjss-245	103	30	jihadi	jihadi	NOUN
esutjss-245	103	31	,	,	PUNCT
esutjss-245	103	32	vilantika	vilantika	PROPN
esutjss-245	103	33	,	,	PUNCT
esutjss-245	103	34	hashemi	hashemi	PROPN
esutjss-245	103	35	,	,	PUNCT
esutjss-245	103	36	arifin	arifin	PROPN
esutjss-245	103	37	,	,	PUNCT
esutjss-245	103	38	bachtiar&sholichah	bachtiar&sholichah	PROPN
esutjss-245	103	39	,	,	PUNCT
esutjss-245	103	40	2021	2021	NUM
esutjss-245	103	41	)	)	PUNCT
esutjss-245	103	42	.	.	PUNCT
esutjss-245	104	1	on	on	ADP
esutjss-245	104	2	the	the	DET
esutjss-245	104	3	other	other	ADJ
esutjss-245	104	4	hand	hand	NOUN
esutjss-245	104	5	,	,	PUNCT
esutjss-245	104	6	a	a	DET
esutjss-245	104	7	company	company	NOUN
esutjss-245	104	8	with	with	ADP
esutjss-245	104	9	low	low	ADJ
esutjss-245	104	10	liquidity	liquidity	NOUN
esutjss-245	104	11	is	be	AUX
esutjss-245	104	12	at	at	ADP
esutjss-245	104	13	risk	risk	NOUN
esutjss-245	104	14	of	of	ADP
esutjss-245	104	15	defaulting	default	VERB
esutjss-245	104	16	on	on	ADP
esutjss-245	104	17	its	its	PRON
esutjss-245	104	18	short	short	ADJ
esutjss-245	104	19	-	-	PUNCT
esutjss-245	104	20	term	term	NOUN
esutjss-245	104	21	obligations	obligation	NOUN
esutjss-245	104	22	,	,	PUNCT
esutjss-245	104	23	which	which	PRON
esutjss-245	104	24	could	could	AUX
esutjss-245	104	25	lead	lead	VERB
esutjss-245	104	26	to	to	ADP
esutjss-245	104	27	financial	financial	ADJ
esutjss-245	104	28	distress	distress	NOUN
esutjss-245	104	29	,	,	PUNCT
esutjss-245	104	30	bankruptcy	bankruptcy	NOUN
esutjss-245	104	31	,	,	PUNCT
esutjss-245	104	32	and	and	CCONJ
esutjss-245	104	33	a	a	DET
esutjss-245	104	34	negative	negative	ADJ
esutjss-245	104	35	impact	impact	NOUN
esutjss-245	104	36	on	on	ADP
esutjss-245	104	37	its	its	PRON
esutjss-245	104	38	reputation	reputation	NOUN
esutjss-245	104	39	(	(	PUNCT
esutjss-245	104	40	fadhilah	fadhilah	PROPN
esutjss-245	104	41	,	,	PUNCT
esutjss-245	104	42	kurniati&suherman	kurniati&suherman	NOUN
esutjss-245	104	43	,	,	PUNCT
esutjss-245	104	44	2022	2022	NUM
esutjss-245	104	45	)	)	PUNCT
esutjss-245	104	46	.	.	PUNCT
esutjss-245	105	1	firm	firm	ADJ
esutjss-245	105	2	liquidity	liquidity	NOUN
esutjss-245	105	3	can	can	AUX
esutjss-245	105	4	be	be	AUX
esutjss-245	105	5	measured	measure	VERB
esutjss-245	105	6	using	use	VERB
esutjss-245	105	7	several	several	ADJ
esutjss-245	105	8	financial	financial	ADJ
esutjss-245	105	9	ratios	ratio	NOUN
esutjss-245	105	10	,	,	PUNCT
esutjss-245	105	11	such	such	ADJ
esutjss-245	105	12	as	as	ADP
esutjss-245	105	13	the	the	DET
esutjss-245	105	14	current	current	ADJ
esutjss-245	105	15	ratio	ratio	NOUN
esutjss-245	105	16	,	,	PUNCT
esutjss-245	105	17	the	the	DET
esutjss-245	105	18	quick	quick	ADJ
esutjss-245	105	19	ratio	ratio	NOUN
esutjss-245	105	20	,	,	PUNCT
esutjss-245	105	21	and	and	CCONJ
esutjss-245	105	22	the	the	DET
esutjss-245	105	23	cash	cash	NOUN
esutjss-245	105	24	ratio	ratio	NOUN
esutjss-245	105	25	.	.	PUNCT
esutjss-245	106	1	these	these	DET
esutjss-245	106	2	ratios	ratio	NOUN
esutjss-245	106	3	compare	compare	VERB
esutjss-245	106	4	a	a	DET
esutjss-245	106	5	company	company	NOUN
esutjss-245	106	6	's	's	PART
esutjss-245	106	7	current	current	ADJ
esutjss-245	106	8	assets	asset	NOUN
esutjss-245	106	9	to	to	ADP
esutjss-245	106	10	its	its	PRON
esutjss-245	106	11	current	current	ADJ
esutjss-245	106	12	liabilities	liability	NOUN
esutjss-245	106	13	,	,	PUNCT
esutjss-245	106	14	and	and	CCONJ
esutjss-245	106	15	provide	provide	VERB
esutjss-245	106	16	insights	insight	NOUN
esutjss-245	106	17	into	into	ADP
esutjss-245	106	18	its	its	PRON
esutjss-245	106	19	ability	ability	NOUN
esutjss-245	106	20	to	to	PART
esutjss-245	106	21	meet	meet	VERB
esutjss-245	106	22	its	its	PRON
esutjss-245	106	23	short	short	ADJ
esutjss-245	106	24	-	-	PUNCT
esutjss-245	106	25	term	term	NOUN
esutjss-245	106	26	obligations	obligation	NOUN
esutjss-245	106	27	.	.	PUNCT
esutjss-245	107	1	having	have	VERB
esutjss-245	107	2	good	good	ADJ
esutjss-245	107	3	firm	firm	ADJ
esutjss-245	107	4	liquidity	liquidity	NOUN
esutjss-245	107	5	is	be	AUX
esutjss-245	107	6	important	important	ADJ
esutjss-245	107	7	not	not	PART
esutjss-245	107	8	only	only	ADV
esutjss-245	107	9	for	for	ADP
esutjss-245	107	10	the	the	DET
esutjss-245	107	11	company	company	NOUN
esutjss-245	107	12	but	but	CCONJ
esutjss-245	107	13	also	also	ADV
esutjss-245	107	14	for	for	ADP
esutjss-245	107	15	its	its	PRON
esutjss-245	107	16	creditors	creditor	NOUN
esutjss-245	107	17	,	,	PUNCT
esutjss-245	107	18	investors	investor	NOUN
esutjss-245	107	19	,	,	PUNCT
esutjss-245	107	20	and	and	CCONJ
esutjss-245	107	21	other	other	ADJ
esutjss-245	107	22	stakeholders	stakeholder	NOUN
esutjss-245	107	23	.	.	PUNCT
esutjss-245	108	1	for	for	ADP
esutjss-245	108	2	example	example	NOUN
esutjss-245	108	3	,	,	PUNCT
esutjss-245	108	4	creditors	creditor	NOUN
esutjss-245	108	5	are	be	AUX
esutjss-245	108	6	interested	interested	ADJ
esutjss-245	108	7	in	in	ADP
esutjss-245	108	8	the	the	DET
esutjss-245	108	9	company	company	NOUN
esutjss-245	108	10	's	's	PART
esutjss-245	108	11	liquidity	liquidity	NOUN
esutjss-245	108	12	because	because	SCONJ
esutjss-245	108	13	it	it	PRON
esutjss-245	108	14	affects	affect	VERB
esutjss-245	108	15	their	their	PRON
esutjss-245	108	16	ability	ability	NOUN
esutjss-245	108	17	to	to	PART
esutjss-245	108	18	collect	collect	VERB
esutjss-245	108	19	payments	payment	NOUN
esutjss-245	108	20	on	on	ADP
esutjss-245	108	21	maturing	mature	VERB
esutjss-245	108	22	loan	loan	NOUN
esutjss-245	108	23	obligations	obligation	NOUN
esutjss-245	108	24	.	.	PUNCT
esutjss-245	109	1	investors	investor	NOUN
esutjss-245	109	2	are	be	AUX
esutjss-245	109	3	also	also	ADV
esutjss-245	109	4	interested	interested	ADJ
esutjss-245	109	5	in	in	ADP
esutjss-245	109	6	the	the	DET
esutjss-245	109	7	company	company	NOUN
esutjss-245	109	8	's	's	PART
esutjss-245	109	9	liquidity	liquidity	NOUN
esutjss-245	109	10	because	because	SCONJ
esutjss-245	109	11	it	it	PRON
esutjss-245	109	12	can	can	AUX
esutjss-245	109	13	affect	affect	VERB
esutjss-245	109	14	the	the	DET
esutjss-245	109	15	company	company	NOUN
esutjss-245	109	16	's	's	PART
esutjss-245	109	17	ability	ability	NOUN
esutjss-245	109	18	to	to	PART
esutjss-245	109	19	pay	pay	VERB
esutjss-245	109	20	dividends	dividend	NOUN
esutjss-245	109	21	,	,	PUNCT
esutjss-245	109	22	buy	buy	VERB
esutjss-245	109	23	back	back	ADP
esutjss-245	109	24	shares	share	NOUN
esutjss-245	109	25	,	,	PUNCT
esutjss-245	109	26	or	or	CCONJ
esutjss-245	109	27	invest	invest	VERB
esutjss-245	109	28	in	in	ADP
esutjss-245	109	29	growth	growth	NOUN
esutjss-245	109	30	opportunities	opportunity	NOUN
esutjss-245	109	31	.	.	PUNCT
esutjss-245	110	1	thus	thus	ADV
esutjss-245	110	2	,	,	PUNCT
esutjss-245	110	3	firm	firm	ADJ
esutjss-245	110	4	liquidity	liquidity	NOUN
esutjss-245	110	5	is	be	AUX
esutjss-245	110	6	a	a	DET
esutjss-245	110	7	crucial	crucial	ADJ
esutjss-245	110	8	concept	concept	NOUN
esutjss-245	110	9	in	in	ADP
esutjss-245	110	10	finance	finance	NOUN
esutjss-245	110	11	that	that	PRON
esutjss-245	110	12	describes	describe	VERB
esutjss-245	110	13	a	a	DET
esutjss-245	110	14	company	company	NOUN
esutjss-245	110	15	's	's	PART
esutjss-245	110	16	ability	ability	NOUN
esutjss-245	110	17	to	to	PART
esutjss-245	110	18	meet	meet	VERB
esutjss-245	110	19	its	its	PRON
esutjss-245	110	20	short	short	ADJ
esutjss-245	110	21	-	-	PUNCT
esutjss-245	110	22	term	term	NOUN
esutjss-245	110	23	financial	financial	ADJ
esutjss-245	110	24	obligations	obligation	NOUN
esutjss-245	110	25	.	.	PUNCT
esutjss-245	111	1	good	good	ADJ
esutjss-245	111	2	firm	firm	PROPN
esutjss-245	111	3	liquidity	liquidity	NOUN
esutjss-245	111	4	is	be	AUX
esutjss-245	111	5	important	important	ADJ
esutjss-245	111	6	for	for	ADP
esutjss-245	111	7	a	a	DET
esutjss-245	111	8	company	company	NOUN
esutjss-245	111	9	's	's	PART
esutjss-245	111	10	going	go	VERB
esutjss-245	111	11	concern	concern	NOUN
esutjss-245	111	12	,	,	PUNCT
esutjss-245	111	13	reputation	reputation	NOUN
esutjss-245	111	14	,	,	PUNCT
esutjss-245	111	15	and	and	CCONJ
esutjss-245	111	16	relationships	relationship	NOUN
esutjss-245	111	17	with	with	ADP
esutjss-245	111	18	stakeholders	stakeholder	NOUN
esutjss-245	111	19	.	.	PUNCT
esutjss-245	112	1	companies	company	NOUN
esutjss-245	112	2	should	should	AUX
esutjss-245	112	3	maintain	maintain	VERB
esutjss-245	112	4	a	a	DET
esutjss-245	112	5	healthy	healthy	ADJ
esutjss-245	112	6	balance	balance	NOUN
esutjss-245	112	7	between	between	ADP
esutjss-245	112	8	liquidity	liquidity	NOUN
esutjss-245	112	9	and	and	CCONJ
esutjss-245	112	10	profitability	profitability	NOUN
esutjss-245	112	11	,	,	PUNCT
esutjss-245	112	12	and	and	CCONJ
esutjss-245	112	13	regularly	regularly	ADV
esutjss-245	112	14	monitor	monitor	VERB
esutjss-245	112	15	their	their	PRON
esutjss-245	112	16	liquidity	liquidity	NOUN
esutjss-245	112	17	position	position	NOUN
esutjss-245	112	18	to	to	PART
esutjss-245	112	19	avoid	avoid	VERB
esutjss-245	112	20	financial	financial	ADJ
esutjss-245	112	21	distress	distress	NOUN
esutjss-245	112	22	and	and	CCONJ
esutjss-245	112	23	maintain	maintain	VERB
esutjss-245	112	24	a	a	DET
esutjss-245	112	25	positive	positive	ADJ
esutjss-245	112	26	image	image	NOUN
esutjss-245	112	27	in	in	ADP
esutjss-245	112	28	the	the	DET
esutjss-245	112	29	market	market	NOUN
esutjss-245	112	30	.	.	PUNCT
esutjss-245	113	1	firm	firm	ADJ
esutjss-245	113	2	leverage	leverage	NOUN
esutjss-245	113	3	firm	firm	NOUN
esutjss-245	113	4	leverage	leverage	NOUN
esutjss-245	113	5	refers	refer	VERB
esutjss-245	113	6	to	to	ADP
esutjss-245	113	7	the	the	DET
esutjss-245	113	8	use	use	NOUN
esutjss-245	113	9	of	of	ADP
esutjss-245	113	10	debt	debt	NOUN
esutjss-245	113	11	by	by	ADP
esutjss-245	113	12	a	a	DET
esutjss-245	113	13	company	company	NOUN
esutjss-245	113	14	to	to	PART
esutjss-245	113	15	acquire	acquire	VERB
esutjss-245	113	16	additional	additional	ADJ
esutjss-245	113	17	assets	asset	NOUN
esutjss-245	113	18	.	.	PUNCT
esutjss-245	114	1	by	by	ADP
esutjss-245	114	2	using	use	VERB
esutjss-245	114	3	borrowed	borrow	VERB
esutjss-245	114	4	capital	capital	NOUN
esutjss-245	114	5	to	to	PART
esutjss-245	114	6	finance	finance	VERB
esutjss-245	114	7	its	its	PRON
esutjss-245	114	8	operations	operation	NOUN
esutjss-245	114	9	,	,	PUNCT
esutjss-245	114	10	a	a	DET
esutjss-245	114	11	company	company	NOUN
esutjss-245	114	12	can	can	AUX
esutjss-245	114	13	potentially	potentially	ADV
esutjss-245	114	14	increase	increase	VERB
esutjss-245	114	15	its	its	PRON
esutjss-245	114	16	return	return	NOUN
esutjss-245	114	17	on	on	ADP
esutjss-245	114	18	equity	equity	NOUN
esutjss-245	114	19	.	.	PUNCT
esutjss-245	115	1	however	however	ADV
esutjss-245	115	2	,	,	PUNCT
esutjss-245	115	3	leverage	leverage	NOUN
esutjss-245	115	4	also	also	ADV
esutjss-245	115	5	increases	increase	VERB
esutjss-245	115	6	the	the	DET
esutjss-245	115	7	financial	financial	ADJ
esutjss-245	115	8	risk	risk	NOUN
esutjss-245	115	9	of	of	ADP
esutjss-245	115	10	a	a	DET
esutjss-245	115	11	company	company	NOUN
esutjss-245	115	12	,	,	PUNCT
esutjss-245	115	13	as	as	SCONJ
esutjss-245	115	14	interest	interest	NOUN
esutjss-245	115	15	payments	payment	NOUN
esutjss-245	115	16	on	on	ADP
esutjss-245	115	17	debt	debt	NOUN
esutjss-245	115	18	must	must	AUX
esutjss-245	115	19	be	be	AUX
esutjss-245	115	20	made	make	VERB
esutjss-245	115	21	regardless	regardless	ADV
esutjss-245	115	22	of	of	ADP
esutjss-245	115	23	whether	whether	SCONJ
esutjss-245	115	24	the	the	DET
esutjss-245	115	25	company	company	NOUN
esutjss-245	115	26	generates	generate	VERB
esutjss-245	115	27	sufficient	sufficient	ADJ
esutjss-245	115	28	cash	cash	NOUN
esutjss-245	115	29	flow	flow	NOUN
esutjss-245	115	30	(	(	PUNCT
esutjss-245	115	31	jihadi	jihadi	NOUN
esutjss-245	115	32	et	et	PROPN
esutjss-245	115	33	al	al	PROPN
esutjss-245	115	34	.	.	PROPN
esutjss-245	115	35	,	,	PUNCT
esutjss-245	115	36	2021	2021	NUM
esutjss-245	115	37	)	)	PUNCT
esutjss-245	115	38	.	.	PUNCT
esutjss-245	116	1	financial	financial	ADJ
esutjss-245	116	2	leverage	leverage	NOUN
esutjss-245	116	3	can	can	AUX
esutjss-245	116	4	be	be	AUX
esutjss-245	116	5	a	a	DET
esutjss-245	116	6	double	double	ADJ
esutjss-245	116	7	-	-	PUNCT
esutjss-245	116	8	edged	edge	VERB
esutjss-245	116	9	sword	sword	NOUN
esutjss-245	116	10	,	,	PUNCT
esutjss-245	116	11	as	as	SCONJ
esutjss-245	116	12	it	it	PRON
esutjss-245	116	13	amplifies	amplify	VERB
esutjss-245	116	14	both	both	DET
esutjss-245	116	15	gains	gain	NOUN
esutjss-245	116	16	and	and	CCONJ
esutjss-245	116	17	losses	loss	NOUN
esutjss-245	116	18	.	.	PUNCT
esutjss-245	117	1	when	when	SCONJ
esutjss-245	117	2	a	a	DET
esutjss-245	117	3	company	company	NOUN
esutjss-245	117	4	performs	perform	VERB
esutjss-245	117	5	well	well	ADV
esutjss-245	117	6	,	,	PUNCT
esutjss-245	117	7	its	its	PRON
esutjss-245	117	8	earnings	earning	NOUN
esutjss-245	117	9	per	per	ADP
esutjss-245	117	10	share	share	NOUN
esutjss-245	117	11	can	can	AUX
esutjss-245	117	12	be	be	AUX
esutjss-245	117	13	significantly	significantly	ADV
esutjss-245	117	14	increased	increase	VERB
esutjss-245	117	15	by	by	ADP
esutjss-245	117	16	the	the	DET
esutjss-245	117	17	use	use	NOUN
esutjss-245	117	18	of	of	ADP
esutjss-245	117	19	leverage	leverage	NOUN
esutjss-245	117	20	.	.	PUNCT
esutjss-245	118	1	on	on	ADP
esutjss-245	118	2	the	the	DET
esutjss-245	118	3	other	other	ADJ
esutjss-245	118	4	hand	hand	NOUN
esutjss-245	118	5	,	,	PUNCT
esutjss-245	118	6	in	in	ADP
esutjss-245	118	7	times	time	NOUN
esutjss-245	118	8	of	of	ADP
esutjss-245	118	9	economic	economic	ADJ
esutjss-245	118	10	downturns	downturn	NOUN
esutjss-245	118	11	or	or	CCONJ
esutjss-245	118	12	market	market	NOUN
esutjss-245	118	13	volatility	volatility	NOUN
esutjss-245	118	14	,	,	PUNCT
esutjss-245	118	15	firms	firm	NOUN
esutjss-245	118	16	with	with	ADP
esutjss-245	118	17	high	high	ADJ
esutjss-245	118	18	leverage	leverage	NOUN
esutjss-245	118	19	are	be	AUX
esutjss-245	118	20	at	at	ADP
esutjss-245	118	21	a	a	DET
esutjss-245	118	22	higher	high	ADJ
esutjss-245	118	23	risk	risk	NOUN
esutjss-245	118	24	of	of	ADP
esutjss-245	118	25	insolvency	insolvency	NOUN
esutjss-245	118	26	or	or	CCONJ
esutjss-245	118	27	bankruptcy	bankruptcy	NOUN
esutjss-245	118	28	(	(	PUNCT
esutjss-245	118	29	sampurna&romawati	sampurna&romawati	NOUN
esutjss-245	118	30	,	,	PUNCT
esutjss-245	118	31	2020	2020	NUM
esutjss-245	118	32	)	)	PUNCT
esutjss-245	118	33	.	.	PUNCT
esutjss-245	119	1	modigliani	modigliani	PROPN
esutjss-245	119	2	and	and	CCONJ
esutjss-245	119	3	miller	miller	PROPN
esutjss-245	119	4	's	's	PART
esutjss-245	119	5	works	work	NOUN
esutjss-245	119	6	in	in	ADP
esutjss-245	119	7	1958	1958	NUM
esutjss-245	119	8	proposed	propose	VERB
esutjss-245	119	9	the	the	DET
esutjss-245	119	10	idea	idea	NOUN
esutjss-245	119	11	that	that	SCONJ
esutjss-245	119	12	the	the	DET
esutjss-245	119	13	capital	capital	NOUN
esutjss-245	119	14	structure	structure	NOUN
esutjss-245	119	15	of	of	ADP
esutjss-245	119	16	a	a	DET
esutjss-245	119	17	firm	firm	NOUN
esutjss-245	119	18	does	do	AUX
esutjss-245	119	19	not	not	PART
esutjss-245	119	20	affect	affect	VERB
esutjss-245	119	21	its	its	PRON
esutjss-245	119	22	total	total	ADJ
esutjss-245	119	23	value	value	NOUN
esutjss-245	119	24	in	in	ADP
esutjss-245	119	25	a	a	DET
esutjss-245	119	26	perfect	perfect	ADJ
esutjss-245	119	27	capital	capital	NOUN
esutjss-245	119	28	market	market	NOUN
esutjss-245	119	29	,	,	PUNCT
esutjss-245	119	30	under	under	ADP
esutjss-245	119	31	certain	certain	ADJ
esutjss-245	119	32	assumptions	assumption	NOUN
esutjss-245	119	33	(	(	PUNCT
esutjss-245	119	34	jihadi	jihadi	NOUN
esutjss-245	119	35	et	et	NOUN
esutjss-245	119	36	571	571	NUM
esutjss-245	119	37	al	al	PROPN
esutjss-245	119	38	.	.	PROPN
esutjss-245	119	39	,	,	PUNCT
esutjss-245	119	40	2021	2021	NUM
esutjss-245	119	41	)	)	PUNCT
esutjss-245	119	42	.	.	PUNCT
esutjss-245	120	1	they	they	PRON
esutjss-245	120	2	argued	argue	VERB
esutjss-245	120	3	that	that	SCONJ
esutjss-245	120	4	in	in	ADP
esutjss-245	120	5	an	an	DET
esutjss-245	120	6	ideal	ideal	ADJ
esutjss-245	120	7	world	world	NOUN
esutjss-245	120	8	without	without	ADP
esutjss-245	120	9	taxes	taxis	NOUN
esutjss-245	120	10	,	,	PUNCT
esutjss-245	120	11	transaction	transaction	NOUN
esutjss-245	120	12	costs	cost	NOUN
esutjss-245	120	13	,	,	PUNCT
esutjss-245	120	14	or	or	CCONJ
esutjss-245	120	15	agency	agency	NOUN
esutjss-245	120	16	costs	cost	NOUN
esutjss-245	120	17	,	,	PUNCT
esutjss-245	120	18	the	the	DET
esutjss-245	120	19	value	value	NOUN
esutjss-245	120	20	of	of	ADP
esutjss-245	120	21	a	a	DET
esutjss-245	120	22	firm	firm	NOUN
esutjss-245	120	23	is	be	AUX
esutjss-245	120	24	independent	independent	ADJ
esutjss-245	120	25	of	of	ADP
esutjss-245	120	26	its	its	PRON
esutjss-245	120	27	capital	capital	NOUN
esutjss-245	120	28	structure	structure	NOUN
esutjss-245	120	29	,	,	PUNCT
esutjss-245	120	30	and	and	CCONJ
esutjss-245	120	31	investors	investor	NOUN
esutjss-245	120	32	are	be	AUX
esutjss-245	120	33	indifferent	indifferent	ADJ
esutjss-245	120	34	between	between	ADP
esutjss-245	120	35	debt	debt	NOUN
esutjss-245	120	36	and	and	CCONJ
esutjss-245	120	37	equity	equity	NOUN
esutjss-245	120	38	financing	financing	NOUN
esutjss-245	120	39	.	.	PUNCT
esutjss-245	121	1	however	however	ADV
esutjss-245	121	2	,	,	PUNCT
esutjss-245	121	3	in	in	ADP
esutjss-245	121	4	the	the	DET
esutjss-245	121	5	real	real	ADJ
esutjss-245	121	6	world	world	NOUN
esutjss-245	121	7	,	,	PUNCT
esutjss-245	121	8	there	there	PRON
esutjss-245	121	9	are	be	VERB
esutjss-245	121	10	factors	factor	NOUN
esutjss-245	121	11	that	that	PRON
esutjss-245	121	12	affect	affect	VERB
esutjss-245	121	13	the	the	DET
esutjss-245	121	14	cost	cost	NOUN
esutjss-245	121	15	of	of	ADP
esutjss-245	121	16	capital	capital	NOUN
esutjss-245	121	17	and	and	CCONJ
esutjss-245	121	18	the	the	DET
esutjss-245	121	19	value	value	NOUN
esutjss-245	121	20	of	of	ADP
esutjss-245	121	21	a	a	DET
esutjss-245	121	22	company	company	NOUN
esutjss-245	121	23	,	,	PUNCT
esutjss-245	121	24	such	such	ADJ
esutjss-245	121	25	as	as	ADP
esutjss-245	121	26	taxes	taxis	NOUN
esutjss-245	121	27	,	,	PUNCT
esutjss-245	121	28	bankruptcy	bankruptcy	NOUN
esutjss-245	121	29	costs	cost	NOUN
esutjss-245	121	30	,	,	PUNCT
esutjss-245	121	31	and	and	CCONJ
esutjss-245	121	32	informational	informational	ADJ
esutjss-245	121	33	asymmetry	asymmetry	NOUN
esutjss-245	121	34	.	.	PUNCT
esutjss-245	122	1	overall	overall	ADJ
esutjss-245	122	2	,	,	PUNCT
esutjss-245	122	3	firm	firm	ADJ
esutjss-245	122	4	leverage	leverage	NOUN
esutjss-245	122	5	is	be	AUX
esutjss-245	122	6	an	an	DET
esutjss-245	122	7	important	important	ADJ
esutjss-245	122	8	concept	concept	NOUN
esutjss-245	122	9	in	in	ADP
esutjss-245	122	10	finance	finance	NOUN
esutjss-245	122	11	,	,	PUNCT
esutjss-245	122	12	as	as	SCONJ
esutjss-245	122	13	it	it	PRON
esutjss-245	122	14	affects	affect	VERB
esutjss-245	122	15	a	a	DET
esutjss-245	122	16	company	company	NOUN
esutjss-245	122	17	's	's	PART
esutjss-245	122	18	financial	financial	ADJ
esutjss-245	122	19	risk	risk	NOUN
esutjss-245	122	20	,	,	PUNCT
esutjss-245	122	21	cost	cost	NOUN
esutjss-245	122	22	of	of	ADP
esutjss-245	122	23	capital	capital	NOUN
esutjss-245	122	24	,	,	PUNCT
esutjss-245	122	25	and	and	CCONJ
esutjss-245	122	26	value	value	NOUN
esutjss-245	122	27	(	(	PUNCT
esutjss-245	122	28	nguyen	nguyen	NOUN
esutjss-245	122	29	,	,	PUNCT
esutjss-245	122	30	tan	tan	PROPN
esutjss-245	122	31	&	&	CCONJ
esutjss-245	122	32	nguyen	nguyen	PROPN
esutjss-245	122	33	,	,	PUNCT
esutjss-245	122	34	2021	2021	NUM
esutjss-245	122	35	)	)	PUNCT
esutjss-245	122	36	.	.	PUNCT
esutjss-245	123	1	firms	firm	NOUN
esutjss-245	123	2	must	must	AUX
esutjss-245	123	3	balance	balance	VERB
esutjss-245	123	4	the	the	DET
esutjss-245	123	5	benefits	benefit	NOUN
esutjss-245	123	6	of	of	ADP
esutjss-245	123	7	using	use	VERB
esutjss-245	123	8	leverage	leverage	NOUN
esutjss-245	123	9	to	to	PART
esutjss-245	123	10	increase	increase	VERB
esutjss-245	123	11	returns	return	NOUN
esutjss-245	123	12	with	with	ADP
esutjss-245	123	13	the	the	DET
esutjss-245	123	14	risks	risk	NOUN
esutjss-245	123	15	of	of	ADP
esutjss-245	123	16	financial	financial	ADJ
esutjss-245	123	17	distress	distress	NOUN
esutjss-245	123	18	and	and	CCONJ
esutjss-245	123	19	bankruptcy	bankruptcy	NOUN
esutjss-245	123	20	(	(	PUNCT
esutjss-245	123	21	dang	dang	PROPN
esutjss-245	123	22	,	,	PUNCT
esutjss-245	123	23	vu	vu	PROPN
esutjss-245	123	24	,	,	PUNCT
esutjss-245	123	25	ngo	ngo	PROPN
esutjss-245	123	26	&	&	CCONJ
esutjss-245	123	27	hoang	hoang	PROPN
esutjss-245	123	28	,	,	PUNCT
esutjss-245	123	29	2019	2019	NUM
esutjss-245	123	30	)	)	PUNCT
esutjss-245	123	31	.	.	PUNCT
esutjss-245	124	1	however	however	ADV
esutjss-245	124	2	,	,	PUNCT
esutjss-245	124	3	high	high	ADJ
esutjss-245	124	4	leverage	leverage	NOUN
esutjss-245	124	5	may	may	AUX
esutjss-245	124	6	be	be	AUX
esutjss-245	124	7	beneficial	beneficial	ADJ
esutjss-245	124	8	in	in	ADP
esutjss-245	124	9	boom	boom	NOUN
esutjss-245	124	10	periods	period	NOUN
esutjss-245	124	11	;	;	PUNCT
esutjss-245	124	12	and	and	CCONJ
esutjss-245	124	13	it	it	PRON
esutjss-245	124	14	may	may	AUX
esutjss-245	124	15	cause	cause	VERB
esutjss-245	124	16	serious	serious	ADJ
esutjss-245	124	17	cash	cash	NOUN
esutjss-245	124	18	flow	flow	NOUN
esutjss-245	124	19	problems	problem	NOUN
esutjss-245	124	20	in	in	ADP
esutjss-245	124	21	recession	recession	NOUN
esutjss-245	124	22	periods	period	NOUN
esutjss-245	124	23	,	,	PUNCT
esutjss-245	124	24	because	because	SCONJ
esutjss-245	124	25	there	there	PRON
esutjss-245	124	26	might	might	AUX
esutjss-245	124	27	not	not	PART
esutjss-245	124	28	be	be	AUX
esutjss-245	124	29	enough	enough	ADJ
esutjss-245	124	30	sales	sale	NOUN
esutjss-245	124	31	revenue	revenue	NOUN
esutjss-245	124	32	to	to	PART
esutjss-245	124	33	cover	cover	VERB
esutjss-245	124	34	the	the	DET
esutjss-245	124	35	interest	interest	NOUN
esutjss-245	124	36	payment	payment	NOUN
esutjss-245	124	37	(	(	PUNCT
esutjss-245	124	38	akhalumeh	akhalumeh	ADJ
esutjss-245	124	39	,	,	PUNCT
esutjss-245	124	40	izevbekhai	izevbekhai	PROPN
esutjss-245	124	41	,	,	PUNCT
esutjss-245	124	42	&	&	CCONJ
esutjss-245	124	43	ohenhen	ohenhen	NOUN
esutjss-245	124	44	,	,	PUNCT
esutjss-245	124	45	2022	2022	NUM
esutjss-245	124	46	)	)	PUNCT
esutjss-245	124	47	.	.	PUNCT
esutjss-245	125	1	in	in	ADP
esutjss-245	125	2	other	other	ADJ
esutjss-245	125	3	words	word	NOUN
esutjss-245	125	4	,	,	PUNCT
esutjss-245	125	5	leverage	leverage	NOUN
esutjss-245	125	6	can	can	AUX
esutjss-245	125	7	only	only	ADV
esutjss-245	125	8	contribute	contribute	VERB
esutjss-245	125	9	positively	positively	ADV
esutjss-245	125	10	to	to	ADP
esutjss-245	125	11	firm	firm	ADJ
esutjss-245	125	12	performance	performance	NOUN
esutjss-245	125	13	if	if	SCONJ
esutjss-245	125	14	there	there	PRON
esutjss-245	125	15	is	be	VERB
esutjss-245	125	16	relatively	relatively	ADV
esutjss-245	125	17	small	small	ADJ
esutjss-245	125	18	amount	amount	NOUN
esutjss-245	125	19	of	of	ADP
esutjss-245	125	20	cost	cost	NOUN
esutjss-245	125	21	yield	yield	NOUN
esutjss-245	125	22	and	and	CCONJ
esutjss-245	125	23	a	a	DET
esutjss-245	125	24	relatively	relatively	ADV
esutjss-245	125	25	high	high	ADJ
esutjss-245	125	26	level	level	NOUN
esutjss-245	125	27	of	of	ADP
esutjss-245	125	28	values	value	NOUN
esutjss-245	125	29	since	since	SCONJ
esutjss-245	125	30	the	the	DET
esutjss-245	125	31	use	use	NOUN
esutjss-245	125	32	of	of	ADP
esutjss-245	125	33	leverage	leverage	NOUN
esutjss-245	125	34	requires	require	VERB
esutjss-245	125	35	the	the	DET
esutjss-245	125	36	payment	payment	NOUN
esutjss-245	125	37	of	of	ADP
esutjss-245	125	38	interest	interest	NOUN
esutjss-245	125	39	and	and	CCONJ
esutjss-245	125	40	repayment	repayment	NOUN
esutjss-245	125	41	of	of	ADP
esutjss-245	125	42	principal	principal	ADJ
esutjss-245	125	43	amount	amount	NOUN
esutjss-245	125	44	of	of	ADP
esutjss-245	125	45	the	the	DET
esutjss-245	125	46	debt	debt	NOUN
esutjss-245	125	47	(	(	PUNCT
esutjss-245	125	48	shuaibu	shuaibu	NOUN
esutjss-245	125	49	,	,	PUNCT
esutjss-245	125	50	ali	ali	PROPN
esutjss-245	125	51	,	,	PUNCT
esutjss-245	125	52	&	&	CCONJ
esutjss-245	125	53	amin	amin	PROPN
esutjss-245	125	54	,	,	PUNCT
esutjss-245	125	55	2019	2019	NUM
esutjss-245	125	56	)	)	PUNCT
esutjss-245	125	57	.	.	PUNCT
esutjss-245	126	1	the	the	DET
esutjss-245	126	2	use	use	NOUN
esutjss-245	126	3	of	of	ADP
esutjss-245	126	4	leverage	leverage	NOUN
esutjss-245	126	5	can	can	AUX
esutjss-245	126	6	increase	increase	VERB
esutjss-245	126	7	the	the	DET
esutjss-245	126	8	firms	firm	NOUN
esutjss-245	126	9	’	’	PART
esutjss-245	126	10	likelihood	likelihood	NOUN
esutjss-245	126	11	of	of	ADP
esutjss-245	126	12	bankruptcy	bankruptcy	NOUN
esutjss-245	126	13	especially	especially	ADV
esutjss-245	126	14	in	in	ADP
esutjss-245	126	15	an	an	DET
esutjss-245	126	16	unstable	unstable	ADJ
esutjss-245	126	17	economy	economy	NOUN
esutjss-245	126	18	such	such	ADJ
esutjss-245	126	19	as	as	ADP
esutjss-245	126	20	that	that	PRON
esutjss-245	126	21	of	of	ADP
esutjss-245	126	22	nigeria	nigeria	PROPN
esutjss-245	126	23	.	.	PUNCT
esutjss-245	127	1	financial	financial	ADJ
esutjss-245	127	2	performance	performance	NOUN
esutjss-245	127	3	financial	financial	ADJ
esutjss-245	127	4	performance	performance	NOUN
esutjss-245	127	5	refers	refer	VERB
esutjss-245	127	6	to	to	ADP
esutjss-245	127	7	the	the	DET
esutjss-245	127	8	extent	extent	NOUN
esutjss-245	127	9	to	to	PART
esutjss-245	127	10	which	which	PRON
esutjss-245	127	11	a	a	DET
esutjss-245	127	12	company	company	NOUN
esutjss-245	127	13	effectively	effectively	ADV
esutjss-245	127	14	utilizes	utilize	VERB
esutjss-245	127	15	its	its	PRON
esutjss-245	127	16	assets	asset	NOUN
esutjss-245	127	17	to	to	PART
esutjss-245	127	18	generate	generate	VERB
esutjss-245	127	19	revenue	revenue	NOUN
esutjss-245	127	20	in	in	ADP
esutjss-245	127	21	its	its	PRON
esutjss-245	127	22	regular	regular	ADJ
esutjss-245	127	23	business	business	NOUN
esutjss-245	127	24	operations	operation	NOUN
esutjss-245	127	25	(	(	PUNCT
esutjss-245	127	26	efuntade&akinola	efuntade&akinola	PROPN
esutjss-245	127	27	,	,	PUNCT
esutjss-245	127	28	2020	2020	NUM
esutjss-245	127	29	)	)	PUNCT
esutjss-245	127	30	.	.	PUNCT
esutjss-245	128	1	the	the	DET
esutjss-245	128	2	main	main	ADJ
esutjss-245	128	3	goal	goal	NOUN
esutjss-245	128	4	of	of	ADP
esutjss-245	128	5	financial	financial	ADJ
esutjss-245	128	6	management	management	NOUN
esutjss-245	128	7	is	be	AUX
esutjss-245	128	8	to	to	PART
esutjss-245	128	9	maximize	maximize	VERB
esutjss-245	128	10	the	the	DET
esutjss-245	128	11	economic	economic	ADJ
esutjss-245	128	12	welfare	welfare	NOUN
esutjss-245	128	13	of	of	ADP
esutjss-245	128	14	investors	investor	NOUN
esutjss-245	128	15	,	,	PUNCT
esutjss-245	128	16	and	and	CCONJ
esutjss-245	128	17	firm	firm	ADJ
esutjss-245	128	18	managers	manager	NOUN
esutjss-245	128	19	are	be	AUX
esutjss-245	128	20	driven	drive	VERB
esutjss-245	128	21	to	to	PART
esutjss-245	128	22	increase	increase	VERB
esutjss-245	128	23	shareholders	shareholder	NOUN
esutjss-245	128	24	'	'	PART
esutjss-245	128	25	wealth	wealth	NOUN
esutjss-245	128	26	by	by	ADP
esutjss-245	128	27	generating	generate	VERB
esutjss-245	128	28	sufficient	sufficient	ADJ
esutjss-245	128	29	profits	profit	NOUN
esutjss-245	128	30	to	to	PART
esutjss-245	128	31	sustain	sustain	VERB
esutjss-245	128	32	and	and	CCONJ
esutjss-245	128	33	grow	grow	VERB
esutjss-245	128	34	the	the	DET
esutjss-245	128	35	business	business	NOUN
esutjss-245	128	36	in	in	ADP
esutjss-245	128	37	the	the	DET
esutjss-245	128	38	future	future	NOUN
esutjss-245	128	39	.	.	PUNCT
esutjss-245	129	1	the	the	DET
esutjss-245	129	2	performance	performance	NOUN
esutjss-245	129	3	of	of	ADP
esutjss-245	129	4	a	a	DET
esutjss-245	129	5	corporate	corporate	ADJ
esutjss-245	129	6	entity	entity	NOUN
esutjss-245	129	7	encompasses	encompass	VERB
esutjss-245	129	8	various	various	ADJ
esutjss-245	129	9	aspects	aspect	NOUN
esutjss-245	129	10	,	,	PUNCT
esutjss-245	129	11	including	include	VERB
esutjss-245	129	12	the	the	DET
esutjss-245	129	13	firm	firm	NOUN
esutjss-245	129	14	's	's	PART
esutjss-245	129	15	financial	financial	ADJ
esutjss-245	129	16	health	health	NOUN
esutjss-245	129	17	and	and	CCONJ
esutjss-245	129	18	its	its	PRON
esutjss-245	129	19	capacity	capacity	NOUN
esutjss-245	129	20	and	and	CCONJ
esutjss-245	129	21	willingness	willingness	NOUN
esutjss-245	129	22	to	to	PART
esutjss-245	129	23	meet	meet	VERB
esutjss-245	129	24	long	long	ADJ
esutjss-245	129	25	-	-	PUNCT
esutjss-245	129	26	term	term	NOUN
esutjss-245	129	27	financial	financial	ADJ
esutjss-245	129	28	obligations	obligation	NOUN
esutjss-245	129	29	(	(	PUNCT
esutjss-245	129	30	liu	liu	PROPN
esutjss-245	129	31	,	,	PUNCT
esutjss-245	129	32	zhen	zhen	PROPN
esutjss-245	129	33	,	,	PUNCT
esutjss-245	129	34	changhui	changhui	PROPN
esutjss-245	129	35	&	&	CCONJ
esutjss-245	129	36	zhang	zhang	PROPN
esutjss-245	129	37	,	,	PUNCT
esutjss-245	129	38	2020	2020	NUM
esutjss-245	129	39	)	)	PUNCT
esutjss-245	129	40	.	.	PUNCT
esutjss-245	130	1	it	it	PRON
esutjss-245	130	2	is	be	AUX
esutjss-245	130	3	a	a	DET
esutjss-245	130	4	measure	measure	NOUN
esutjss-245	130	5	of	of	ADP
esutjss-245	130	6	both	both	CCONJ
esutjss-245	130	7	firm	firm	ADJ
esutjss-245	130	8	effectiveness	effectiveness	NOUN
esutjss-245	130	9	and	and	CCONJ
esutjss-245	130	10	efficiency	efficiency	NOUN
esutjss-245	130	11	(	(	PUNCT
esutjss-245	130	12	krisztina	krisztina	NOUN
esutjss-245	130	13	,	,	PUNCT
esutjss-245	130	14	yahya&lentner	yahya&lentner	PROPN
esutjss-245	130	15	,	,	PUNCT
esutjss-245	130	16	2020).ibida	2020).ibida	PROPN
esutjss-245	130	17	and	and	CCONJ
esutjss-245	130	18	emeka	emeka	PROPN
esutjss-245	130	19	-	-	PUNCT
esutjss-245	130	20	nwokeji	nwokeji	PROPN
esutjss-245	130	21	(	(	PUNCT
esutjss-245	130	22	2019	2019	NUM
esutjss-245	130	23	)	)	PUNCT
esutjss-245	130	24	suggest	suggest	VERB
esutjss-245	130	25	that	that	SCONJ
esutjss-245	130	26	corporate	corporate	ADJ
esutjss-245	130	27	financial	financial	ADJ
esutjss-245	130	28	performance	performance	NOUN
esutjss-245	130	29	can	can	AUX
esutjss-245	130	30	be	be	AUX
esutjss-245	130	31	evaluated	evaluate	VERB
esutjss-245	130	32	from	from	ADP
esutjss-245	130	33	multiple	multiple	ADJ
esutjss-245	130	34	dimensions	dimension	NOUN
esutjss-245	130	35	,	,	PUNCT
esutjss-245	130	36	including	include	VERB
esutjss-245	130	37	profitability	profitability	NOUN
esutjss-245	130	38	,	,	PUNCT
esutjss-245	130	39	firm	firm	ADJ
esutjss-245	130	40	growth	growth	NOUN
esutjss-245	130	41	,	,	PUNCT
esutjss-245	130	42	market	market	NOUN
esutjss-245	130	43	value	value	NOUN
esutjss-245	130	44	,	,	PUNCT
esutjss-245	130	45	social	social	ADJ
esutjss-245	130	46	performance	performance	NOUN
esutjss-245	130	47	,	,	PUNCT
esutjss-245	130	48	customer	customer	NOUN
esutjss-245	130	49	satisfaction	satisfaction	NOUN
esutjss-245	130	50	,	,	PUNCT
esutjss-245	130	51	employee	employee	NOUN
esutjss-245	130	52	satisfaction	satisfaction	NOUN
esutjss-245	130	53	,	,	PUNCT
esutjss-245	130	54	and	and	CCONJ
esutjss-245	130	55	environmental	environmental	ADJ
esutjss-245	130	56	performance	performance	NOUN
esutjss-245	130	57	.	.	PUNCT
esutjss-245	131	1	financial	financial	ADJ
esutjss-245	131	2	performance	performance	NOUN
esutjss-245	131	3	is	be	AUX
esutjss-245	131	4	a	a	DET
esutjss-245	131	5	critical	critical	ADJ
esutjss-245	131	6	dimension	dimension	NOUN
esutjss-245	131	7	of	of	ADP
esutjss-245	131	8	corporate	corporate	ADJ
esutjss-245	131	9	performance	performance	NOUN
esutjss-245	131	10	and	and	CCONJ
esutjss-245	131	11	reflects	reflect	VERB
esutjss-245	131	12	how	how	SCONJ
esutjss-245	131	13	well	well	ADV
esutjss-245	131	14	a	a	DET
esutjss-245	131	15	firm	firm	NOUN
esutjss-245	131	16	utilizes	utilize	VERB
esutjss-245	131	17	its	its	PRON
esutjss-245	131	18	assets	asset	NOUN
esutjss-245	131	19	in	in	ADP
esutjss-245	131	20	its	its	PRON
esutjss-245	131	21	core	core	NOUN
esutjss-245	131	22	business	business	NOUN
esutjss-245	131	23	to	to	PART
esutjss-245	131	24	generate	generate	VERB
esutjss-245	131	25	revenue	revenue	NOUN
esutjss-245	131	26	and	and	CCONJ
esutjss-245	131	27	create	create	VERB
esutjss-245	131	28	value	value	NOUN
esutjss-245	131	29	.	.	PUNCT
esutjss-245	132	1	it	it	PRON
esutjss-245	132	2	indicates	indicate	VERB
esutjss-245	132	3	the	the	DET
esutjss-245	132	4	firm	firm	NOUN
esutjss-245	132	5	's	's	PART
esutjss-245	132	6	overall	overall	ADJ
esutjss-245	132	7	financial	financial	ADJ
esutjss-245	132	8	health	health	NOUN
esutjss-245	132	9	over	over	ADP
esutjss-245	132	10	a	a	DET
esutjss-245	132	11	specific	specific	ADJ
esutjss-245	132	12	period	period	NOUN
esutjss-245	132	13	(	(	PUNCT
esutjss-245	132	14	nyamiobo	nyamiobo	PROPN
esutjss-245	132	15	,	,	PUNCT
esutjss-245	132	16	muturi	muturi	NOUN
esutjss-245	132	17	,	,	PUNCT
esutjss-245	132	18	okibo&olweny	okibo&olweny	NOUN
esutjss-245	132	19	,	,	PUNCT
esutjss-245	132	20	2019	2019	NUM
esutjss-245	132	21	)	)	PUNCT
esutjss-245	132	22	.	.	PUNCT
esutjss-245	133	1	measuring	measure	VERB
esutjss-245	133	2	firm	firm	ADJ
esutjss-245	133	3	performance	performance	NOUN
esutjss-245	133	4	is	be	AUX
esutjss-245	133	5	essential	essential	ADJ
esutjss-245	133	6	to	to	PART
esutjss-245	133	7	determine	determine	VERB
esutjss-245	133	8	how	how	SCONJ
esutjss-245	133	9	effectively	effectively	ADV
esutjss-245	133	10	a	a	DET
esutjss-245	133	11	firm	firm	NOUN
esutjss-245	133	12	's	's	PART
esutjss-245	133	13	assets	asset	NOUN
esutjss-245	133	14	have	have	AUX
esutjss-245	133	15	contributed	contribute	VERB
esutjss-245	133	16	to	to	PART
esutjss-245	133	17	shareholder	shareholder	VERB
esutjss-245	133	18	wealth	wealth	NOUN
esutjss-245	133	19	over	over	ADP
esutjss-245	133	20	a	a	DET
esutjss-245	133	21	specific	specific	ADJ
esutjss-245	133	22	timeframe	timeframe	NOUN
esutjss-245	133	23	.	.	PUNCT
esutjss-245	134	1	it	it	PRON
esutjss-245	134	2	provides	provide	VERB
esutjss-245	134	3	hints	hint	NOUN
esutjss-245	134	4	into	into	ADP
esutjss-245	134	5	the	the	DET
esutjss-245	134	6	firm	firm	NOUN
esutjss-245	134	7	's	's	PART
esutjss-245	134	8	efficiency	efficiency	NOUN
esutjss-245	134	9	in	in	ADP
esutjss-245	134	10	using	use	VERB
esutjss-245	134	11	its	its	PRON
esutjss-245	134	12	resources	resource	NOUN
esutjss-245	134	13	to	to	PART
esutjss-245	134	14	generate	generate	VERB
esutjss-245	134	15	revenues	revenue	NOUN
esutjss-245	134	16	.	.	PUNCT
esutjss-245	135	1	however	however	ADV
esutjss-245	135	2	,	,	PUNCT
esutjss-245	135	3	it	it	PRON
esutjss-245	135	4	is	be	AUX
esutjss-245	135	5	important	important	ADJ
esutjss-245	135	6	to	to	PART
esutjss-245	135	7	note	note	VERB
esutjss-245	135	8	that	that	SCONJ
esutjss-245	135	9	accounting	accounting	NOUN
esutjss-245	135	10	measures	measure	NOUN
esutjss-245	135	11	of	of	ADP
esutjss-245	135	12	corporate	corporate	ADJ
esutjss-245	135	13	financial	financial	ADJ
esutjss-245	135	14	performance	performance	NOUN
esutjss-245	135	15	have	have	VERB
esutjss-245	135	16	some	some	DET
esutjss-245	135	17	limitations	limitation	NOUN
esutjss-245	135	18	.	.	PUNCT
esutjss-245	136	1	they	they	PRON
esutjss-245	136	2	often	often	ADV
esutjss-245	136	3	focus	focus	VERB
esutjss-245	136	4	on	on	ADP
esutjss-245	136	5	historical	historical	ADJ
esutjss-245	136	6	aspects	aspect	NOUN
esutjss-245	136	7	of	of	ADP
esutjss-245	136	8	the	the	DET
esutjss-245	136	9	firm	firm	NOUN
esutjss-245	136	10	's	's	PART
esutjss-245	136	11	performance	performance	NOUN
esutjss-245	136	12	and	and	CCONJ
esutjss-245	136	13	can	can	AUX
esutjss-245	136	14	be	be	AUX
esutjss-245	136	15	influenced	influence	VERB
esutjss-245	136	16	by	by	ADP
esutjss-245	136	17	managerial	managerial	ADJ
esutjss-245	136	18	manipulation	manipulation	NOUN
esutjss-245	136	19	or	or	CCONJ
esutjss-245	136	20	variations	variation	NOUN
esutjss-245	136	21	in	in	ADP
esutjss-245	136	22	accounting	accounting	NOUN
esutjss-245	136	23	procedures	procedure	NOUN
esutjss-245	136	24	(	(	PUNCT
esutjss-245	136	25	krisztina	krisztina	NOUN
esutjss-245	136	26	,	,	PUNCT
esutjss-245	136	27	yahya&lentner	yahya&lentner	NOUN
esutjss-245	136	28	,	,	PUNCT
esutjss-245	136	29	2020	2020	NUM
esutjss-245	136	30	)	)	PUNCT
esutjss-245	136	31	.	.	PUNCT
esutjss-245	137	1	additionally	additionally	ADV
esutjss-245	137	2	,	,	PUNCT
esutjss-245	137	3	these	these	DET
esutjss-245	137	4	accounting	accounting	NOUN
esutjss-245	137	5	measures	measure	NOUN
esutjss-245	137	6	might	might	AUX
esutjss-245	137	7	primarily	primarily	ADV
esutjss-245	137	8	reflect	reflect	VERB
esutjss-245	137	9	internal	internal	ADJ
esutjss-245	137	10	efficiency	efficiency	NOUN
esutjss-245	137	11	and	and	CCONJ
esutjss-245	137	12	not	not	PART
esutjss-245	137	13	necessarily	necessarily	ADV
esutjss-245	137	14	external	external	ADJ
esutjss-245	137	15	market	market	NOUN
esutjss-245	137	16	responses	response	NOUN
esutjss-245	137	17	to	to	ADP
esutjss-245	137	18	the	the	DET
esutjss-245	137	19	organization	organization	NOUN
esutjss-245	137	20	.	.	PUNCT
esutjss-245	138	1	effective	effective	ADJ
esutjss-245	138	2	financial	financial	ADJ
esutjss-245	138	3	performance	performance	NOUN
esutjss-245	138	4	management	management	NOUN
esutjss-245	138	5	is	be	AUX
esutjss-245	138	6	crucial	crucial	ADJ
esutjss-245	138	7	for	for	ADP
esutjss-245	138	8	satisfying	satisfy	VERB
esutjss-245	138	9	the	the	DET
esutjss-245	138	10	interests	interest	NOUN
esutjss-245	138	11	of	of	ADP
esutjss-245	138	12	a	a	DET
esutjss-245	138	13	firm	firm	NOUN
esutjss-245	138	14	's	's	PART
esutjss-245	138	15	stakeholders	stakeholder	NOUN
esutjss-245	138	16	.	.	PUNCT
esutjss-245	139	1	companies	company	NOUN
esutjss-245	139	2	must	must	AUX
esutjss-245	139	3	manage	manage	VERB
esutjss-245	139	4	their	their	PRON
esutjss-245	139	5	resources	resource	NOUN
esutjss-245	139	6	efficiently	efficiently	ADV
esutjss-245	139	7	to	to	PART
esutjss-245	139	8	deliver	deliver	VERB
esutjss-245	139	9	quality	quality	NOUN
esutjss-245	139	10	goods	good	NOUN
esutjss-245	139	11	and	and	CCONJ
esutjss-245	139	12	services	service	NOUN
esutjss-245	139	13	,	,	PUNCT
esutjss-245	139	14	ensuring	ensure	VERB
esutjss-245	139	15	both	both	CCONJ
esutjss-245	139	16	effectiveness	effectiveness	NOUN
esutjss-245	139	17	and	and	CCONJ
esutjss-245	139	18	efficiency	efficiency	NOUN
esutjss-245	139	19	(	(	PUNCT
esutjss-245	139	20	jubaedah	jubaedah	PROPN
esutjss-245	139	21	,	,	PUNCT
esutjss-245	139	22	yulivan&hadi	yulivan&hadi	PROPN
esutjss-245	139	23	,	,	PUNCT
esutjss-245	139	24	2016	2016	NUM
esutjss-245	139	25	)	)	PUNCT
esutjss-245	139	26	.	.	PUNCT
esutjss-245	140	1	past	past	ADP
esutjss-245	140	2	corporate	corporate	ADJ
esutjss-245	140	3	failures	failure	NOUN
esutjss-245	140	4	have	have	AUX
esutjss-245	140	5	been	be	AUX
esutjss-245	140	6	linked	link	VERB
esutjss-245	140	7	to	to	ADP
esutjss-245	140	8	poor	poor	ADJ
esutjss-245	140	9	financial	financial	ADJ
esutjss-245	140	10	planning	planning	NOUN
esutjss-245	140	11	and	and	CCONJ
esutjss-245	140	12	management	management	NOUN
esutjss-245	140	13	.	.	PUNCT
esutjss-245	141	1	firms	firm	NOUN
esutjss-245	141	2	evaluate	evaluate	VERB
esutjss-245	141	3	their	their	PRON
esutjss-245	141	4	corporate	corporate	ADJ
esutjss-245	141	5	performance	performance	NOUN
esutjss-245	141	6	using	use	VERB
esutjss-245	141	7	various	various	ADJ
esutjss-245	141	8	financial	financial	ADJ
esutjss-245	141	9	and	and	CCONJ
esutjss-245	141	10	non	non	ADJ
esutjss-245	141	11	-	-	ADJ
esutjss-245	141	12	financial	financial	ADJ
esutjss-245	141	13	indicators	indicator	NOUN
esutjss-245	141	14	to	to	PART
esutjss-245	141	15	assess	assess	VERB
esutjss-245	141	16	their	their	PRON
esutjss-245	141	17	financial	financial	ADJ
esutjss-245	141	18	well	well	NOUN
esutjss-245	141	19	-	-	PUNCT
esutjss-245	141	20	being	being	NOUN
esutjss-245	141	21	over	over	ADP
esutjss-245	141	22	specific	specific	ADJ
esutjss-245	141	23	periods	period	NOUN
esutjss-245	141	24	of	of	ADP
esutjss-245	141	25	interest	interest	NOUN
esutjss-245	141	26	.	.	PUNCT
esutjss-245	142	1	specific	specific	ADJ
esutjss-245	142	2	accounting	accounting	NOUN
esutjss-245	142	3	measures	measure	NOUN
esutjss-245	142	4	,	,	PUNCT
esutjss-245	142	5	such	such	ADJ
esutjss-245	142	6	as	as	ADP
esutjss-245	142	7	572	572	NUM
esutjss-245	142	8	return	return	NOUN
esutjss-245	142	9	on	on	ADP
esutjss-245	142	10	assets	asset	NOUN
esutjss-245	142	11	,	,	PUNCT
esutjss-245	142	12	return	return	VERB
esutjss-245	142	13	on	on	ADP
esutjss-245	142	14	equity	equity	NOUN
esutjss-245	142	15	,	,	PUNCT
esutjss-245	142	16	and	and	CCONJ
esutjss-245	142	17	profit	profit	NOUN
esutjss-245	142	18	margin	margin	NOUN
esutjss-245	142	19	,	,	PUNCT
esutjss-245	142	20	are	be	AUX
esutjss-245	142	21	frequently	frequently	ADV
esutjss-245	142	22	employed	employ	VERB
esutjss-245	142	23	to	to	PART
esutjss-245	142	24	assess	assess	VERB
esutjss-245	142	25	profitability	profitability	NOUN
esutjss-245	142	26	.	.	PUNCT
esutjss-245	143	1	net	net	ADJ
esutjss-245	143	2	profit	profit	NOUN
esutjss-245	143	3	margin	margin	NOUN
esutjss-245	143	4	net	net	ADJ
esutjss-245	143	5	profit	profit	NOUN
esutjss-245	143	6	margin	margin	NOUN
esutjss-245	143	7	is	be	AUX
esutjss-245	143	8	a	a	DET
esutjss-245	143	9	financial	financial	ADJ
esutjss-245	143	10	metric	metric	NOUN
esutjss-245	143	11	that	that	PRON
esutjss-245	143	12	measures	measure	VERB
esutjss-245	143	13	the	the	DET
esutjss-245	143	14	profitability	profitability	NOUN
esutjss-245	143	15	of	of	ADP
esutjss-245	143	16	a	a	DET
esutjss-245	143	17	company	company	NOUN
esutjss-245	143	18	by	by	ADP
esutjss-245	143	19	expressing	express	VERB
esutjss-245	143	20	its	its	PRON
esutjss-245	143	21	net	net	ADJ
esutjss-245	143	22	profit	profit	NOUN
esutjss-245	143	23	as	as	ADP
esutjss-245	143	24	a	a	DET
esutjss-245	143	25	percentage	percentage	NOUN
esutjss-245	143	26	of	of	ADP
esutjss-245	143	27	its	its	PRON
esutjss-245	143	28	total	total	ADJ
esutjss-245	143	29	revenue	revenue	NOUN
esutjss-245	143	30	(	(	PUNCT
esutjss-245	143	31	nariswari&nugraha	nariswari&nugraha	ADP
esutjss-245	143	32	,	,	PUNCT
esutjss-245	143	33	2020	2020	NUM
esutjss-245	143	34	)	)	PUNCT
esutjss-245	143	35	.	.	PUNCT
esutjss-245	144	1	it	it	PRON
esutjss-245	144	2	indicates	indicate	VERB
esutjss-245	144	3	the	the	DET
esutjss-245	144	4	proportion	proportion	NOUN
esutjss-245	144	5	of	of	ADP
esutjss-245	144	6	revenue	revenue	NOUN
esutjss-245	144	7	that	that	PRON
esutjss-245	144	8	translates	translate	VERB
esutjss-245	144	9	into	into	ADP
esutjss-245	144	10	profit	profit	NOUN
esutjss-245	144	11	after	after	ADP
esutjss-245	144	12	deducting	deduct	VERB
esutjss-245	144	13	all	all	DET
esutjss-245	144	14	expenses	expense	NOUN
esutjss-245	144	15	,	,	PUNCT
esutjss-245	144	16	including	include	VERB
esutjss-245	144	17	cost	cost	NOUN
esutjss-245	144	18	of	of	ADP
esutjss-245	144	19	goods	good	NOUN
esutjss-245	144	20	sold	sell	VERB
esutjss-245	144	21	,	,	PUNCT
esutjss-245	144	22	operating	operating	NOUN
esutjss-245	144	23	expenses	expense	NOUN
esutjss-245	144	24	,	,	PUNCT
esutjss-245	144	25	taxes	taxis	NOUN
esutjss-245	144	26	,	,	PUNCT
esutjss-245	144	27	interest	interest	NOUN
esutjss-245	144	28	,	,	PUNCT
esutjss-245	144	29	and	and	CCONJ
esutjss-245	144	30	depreciation	depreciation	NOUN
esutjss-245	144	31	.	.	PUNCT
esutjss-245	145	1	in	in	ADP
esutjss-245	145	2	essence	essence	NOUN
esutjss-245	145	3	,	,	PUNCT
esutjss-245	145	4	profit	profit	NOUN
esutjss-245	145	5	margin	margin	NOUN
esutjss-245	145	6	provides	provide	VERB
esutjss-245	145	7	insights	insight	NOUN
esutjss-245	145	8	into	into	ADP
esutjss-245	145	9	how	how	SCONJ
esutjss-245	145	10	effectively	effectively	ADV
esutjss-245	145	11	a	a	DET
esutjss-245	145	12	company	company	NOUN
esutjss-245	145	13	generates	generate	VERB
esutjss-245	145	14	profits	profit	NOUN
esutjss-245	145	15	from	from	ADP
esutjss-245	145	16	its	its	PRON
esutjss-245	145	17	core	core	NOUN
esutjss-245	145	18	operations	operation	NOUN
esutjss-245	145	19	and	and	CCONJ
esutjss-245	145	20	manages	manage	VERB
esutjss-245	145	21	its	its	PRON
esutjss-245	145	22	expenses	expense	NOUN
esutjss-245	145	23	(	(	PUNCT
esutjss-245	145	24	mahdi	mahdi	PROPN
esutjss-245	145	25	&	&	CCONJ
esutjss-245	145	26	khaddafi	khaddafi	PROPN
esutjss-245	145	27	,	,	PUNCT
esutjss-245	145	28	2020	2020	NUM
esutjss-245	145	29	)	)	PUNCT
esutjss-245	145	30	.	.	PUNCT
esutjss-245	146	1	a	a	DET
esutjss-245	146	2	higher	high	ADJ
esutjss-245	146	3	profit	profit	NOUN
esutjss-245	146	4	margin	margin	NOUN
esutjss-245	146	5	indicates	indicate	VERB
esutjss-245	146	6	that	that	SCONJ
esutjss-245	146	7	a	a	DET
esutjss-245	146	8	larger	large	ADJ
esutjss-245	146	9	portion	portion	NOUN
esutjss-245	146	10	of	of	ADP
esutjss-245	146	11	revenue	revenue	NOUN
esutjss-245	146	12	is	be	AUX
esutjss-245	146	13	retained	retain	VERB
esutjss-245	146	14	as	as	ADP
esutjss-245	146	15	profit	profit	NOUN
esutjss-245	146	16	,	,	PUNCT
esutjss-245	146	17	reflecting	reflect	VERB
esutjss-245	146	18	strong	strong	ADJ
esutjss-245	146	19	financial	financial	ADJ
esutjss-245	146	20	performance	performance	NOUN
esutjss-245	146	21	and	and	CCONJ
esutjss-245	146	22	efficient	efficient	ADJ
esutjss-245	146	23	cost	cost	NOUN
esutjss-245	146	24	management	management	NOUN
esutjss-245	146	25	.	.	PUNCT
esutjss-245	147	1	conversely	conversely	ADV
esutjss-245	147	2	,	,	PUNCT
esutjss-245	147	3	a	a	DET
esutjss-245	147	4	lower	low	ADJ
esutjss-245	147	5	profit	profit	NOUN
esutjss-245	147	6	margin	margin	NOUN
esutjss-245	147	7	suggests	suggest	VERB
esutjss-245	147	8	lower	low	ADJ
esutjss-245	147	9	profitability	profitability	NOUN
esutjss-245	147	10	and	and	CCONJ
esutjss-245	147	11	potentially	potentially	ADV
esutjss-245	147	12	higher	high	ADJ
esutjss-245	147	13	operating	operating	NOUN
esutjss-245	147	14	costs	cost	NOUN
esutjss-245	147	15	or	or	CCONJ
esutjss-245	147	16	lower	low	ADJ
esutjss-245	147	17	revenue	revenue	NOUN
esutjss-245	147	18	generation	generation	NOUN
esutjss-245	147	19	relative	relative	ADJ
esutjss-245	147	20	to	to	ADP
esutjss-245	147	21	expenses	expense	NOUN
esutjss-245	147	22	(	(	PUNCT
esutjss-245	147	23	kusmayadi	kusmayadi	NOUN
esutjss-245	147	24	,	,	PUNCT
esutjss-245	147	25	rahman	rahman	PROPN
esutjss-245	147	26	&	&	CCONJ
esutjss-245	147	27	abdullah	abdullah	PROPN
esutjss-245	147	28	,	,	PUNCT
esutjss-245	147	29	2018	2018	NUM
esutjss-245	147	30	)	)	PUNCT
esutjss-245	147	31	.	.	PUNCT
esutjss-245	148	1	net	net	ADJ
esutjss-245	148	2	profit	profit	NOUN
esutjss-245	148	3	margin	margin	NOUN
esutjss-245	148	4	is	be	AUX
esutjss-245	148	5	a	a	DET
esutjss-245	148	6	critical	critical	ADJ
esutjss-245	148	7	measure	measure	NOUN
esutjss-245	148	8	used	use	VERB
esutjss-245	148	9	by	by	ADP
esutjss-245	148	10	investors	investor	NOUN
esutjss-245	148	11	,	,	PUNCT
esutjss-245	148	12	analysts	analyst	NOUN
esutjss-245	148	13	,	,	PUNCT
esutjss-245	148	14	and	and	CCONJ
esutjss-245	148	15	stakeholders	stakeholder	NOUN
esutjss-245	148	16	to	to	PART
esutjss-245	148	17	evaluate	evaluate	VERB
esutjss-245	148	18	a	a	DET
esutjss-245	148	19	company	company	NOUN
esutjss-245	148	20	's	's	PART
esutjss-245	148	21	financial	financial	ADJ
esutjss-245	148	22	health	health	NOUN
esutjss-245	148	23	,	,	PUNCT
esutjss-245	148	24	profitability	profitability	NOUN
esutjss-245	148	25	,	,	PUNCT
esutjss-245	148	26	and	and	CCONJ
esutjss-245	148	27	operational	operational	ADJ
esutjss-245	148	28	efficiency	efficiency	NOUN
esutjss-245	148	29	.	.	PUNCT
esutjss-245	149	1	it	it	PRON
esutjss-245	149	2	helps	help	VERB
esutjss-245	149	3	in	in	ADP
esutjss-245	149	4	comparing	compare	VERB
esutjss-245	149	5	the	the	DET
esutjss-245	149	6	performance	performance	NOUN
esutjss-245	149	7	of	of	ADP
esutjss-245	149	8	companies	company	NOUN
esutjss-245	149	9	within	within	ADP
esutjss-245	149	10	the	the	DET
esutjss-245	149	11	same	same	ADJ
esutjss-245	149	12	industry	industry	NOUN
esutjss-245	149	13	,	,	PUNCT
esutjss-245	149	14	assessing	assess	VERB
esutjss-245	149	15	trends	trend	NOUN
esutjss-245	149	16	over	over	ADP
esutjss-245	149	17	time	time	NOUN
esutjss-245	149	18	,	,	PUNCT
esutjss-245	149	19	and	and	CCONJ
esutjss-245	149	20	making	make	VERB
esutjss-245	149	21	informed	informed	ADJ
esutjss-245	149	22	decisions	decision	NOUN
esutjss-245	149	23	regarding	regard	VERB
esutjss-245	149	24	investment	investment	NOUN
esutjss-245	149	25	,	,	PUNCT
esutjss-245	149	26	strategic	strategic	ADJ
esutjss-245	149	27	planning	planning	NOUN
esutjss-245	149	28	,	,	PUNCT
esutjss-245	149	29	and	and	CCONJ
esutjss-245	149	30	resource	resource	NOUN
esutjss-245	149	31	allocation	allocation	NOUN
esutjss-245	149	32	.	.	PUNCT
esutjss-245	150	1	net	net	ADJ
esutjss-245	150	2	profit	profit	NOUN
esutjss-245	150	3	margin	margin	NOUN
esutjss-245	150	4	stands	stand	VERB
esutjss-245	150	5	as	as	ADP
esutjss-245	150	6	a	a	DET
esutjss-245	150	7	key	key	ADJ
esutjss-245	150	8	metric	metric	NOUN
esutjss-245	150	9	that	that	PRON
esutjss-245	150	10	provides	provide	VERB
esutjss-245	150	11	hints	hint	NOUN
esutjss-245	150	12	into	into	ADP
esutjss-245	150	13	a	a	DET
esutjss-245	150	14	company	company	NOUN
esutjss-245	150	15	's	's	PART
esutjss-245	150	16	profitability	profitability	NOUN
esutjss-245	150	17	since	since	SCONJ
esutjss-245	150	18	it	it	PRON
esutjss-245	150	19	serves	serve	VERB
esutjss-245	150	20	as	as	ADP
esutjss-245	150	21	a	a	DET
esutjss-245	150	22	critical	critical	ADJ
esutjss-245	150	23	indicator	indicator	NOUN
esutjss-245	150	24	of	of	ADP
esutjss-245	150	25	how	how	SCONJ
esutjss-245	150	26	efficiently	efficiently	ADV
esutjss-245	150	27	a	a	DET
esutjss-245	150	28	company	company	NOUN
esutjss-245	150	29	translates	translate	VERB
esutjss-245	150	30	its	its	PRON
esutjss-245	150	31	revenue	revenue	NOUN
esutjss-245	150	32	into	into	ADP
esutjss-245	150	33	profit	profit	NOUN
esutjss-245	150	34	after	after	ADP
esutjss-245	150	35	accounting	account	VERB
esutjss-245	150	36	for	for	ADP
esutjss-245	150	37	all	all	DET
esutjss-245	150	38	expenses	expense	NOUN
esutjss-245	150	39	(	(	PUNCT
esutjss-245	150	40	handayani&winarningsih	handayani&winarningsih	PROPN
esutjss-245	150	41	,	,	PUNCT
esutjss-245	150	42	2020	2020	NUM
esutjss-245	150	43	)	)	PUNCT
esutjss-245	150	44	.	.	PUNCT
esutjss-245	151	1	net	net	ADJ
esutjss-245	151	2	profit	profit	NOUN
esutjss-245	151	3	margin	margin	NOUN
esutjss-245	151	4	indicates	indicate	VERB
esutjss-245	151	5	the	the	DET
esutjss-245	151	6	percentage	percentage	NOUN
esutjss-245	151	7	of	of	ADP
esutjss-245	151	8	revenue	revenue	NOUN
esutjss-245	151	9	that	that	PRON
esutjss-245	151	10	remains	remain	VERB
esutjss-245	151	11	as	as	ADP
esutjss-245	151	12	profit	profit	NOUN
esutjss-245	151	13	after	after	ADP
esutjss-245	151	14	deducting	deduct	VERB
esutjss-245	151	15	all	all	DET
esutjss-245	151	16	expenses	expense	NOUN
esutjss-245	151	17	,	,	PUNCT
esutjss-245	151	18	including	include	VERB
esutjss-245	151	19	operating	operating	NOUN
esutjss-245	151	20	costs	cost	NOUN
esutjss-245	151	21	,	,	PUNCT
esutjss-245	151	22	taxes	taxis	NOUN
esutjss-245	151	23	,	,	PUNCT
esutjss-245	151	24	interest	interest	NOUN
esutjss-245	151	25	,	,	PUNCT
esutjss-245	151	26	and	and	CCONJ
esutjss-245	151	27	other	other	ADJ
esutjss-245	151	28	overheads	overhead	NOUN
esutjss-245	151	29	.	.	PUNCT
esutjss-245	152	1	by	by	ADP
esutjss-245	152	2	comparing	compare	VERB
esutjss-245	152	3	profit	profit	NOUN
esutjss-245	152	4	margins	margin	NOUN
esutjss-245	152	5	across	across	ADP
esutjss-245	152	6	different	different	ADJ
esutjss-245	152	7	periods	period	NOUN
esutjss-245	152	8	or	or	CCONJ
esutjss-245	152	9	against	against	ADP
esutjss-245	152	10	industry	industry	NOUN
esutjss-245	152	11	benchmarks	benchmark	NOUN
esutjss-245	152	12	,	,	PUNCT
esutjss-245	152	13	stakeholders	stakeholder	NOUN
esutjss-245	152	14	can	can	AUX
esutjss-245	152	15	assess	assess	VERB
esutjss-245	152	16	the	the	DET
esutjss-245	152	17	effectiveness	effectiveness	NOUN
esutjss-245	152	18	of	of	ADP
esutjss-245	152	19	management	management	NOUN
esutjss-245	152	20	strategies	strategy	NOUN
esutjss-245	152	21	,	,	PUNCT
esutjss-245	152	22	operational	operational	ADJ
esutjss-245	152	23	efficiency	efficiency	NOUN
esutjss-245	152	24	,	,	PUNCT
esutjss-245	152	25	and	and	CCONJ
esutjss-245	152	26	overall	overall	ADJ
esutjss-245	152	27	business	business	NOUN
esutjss-245	152	28	performance	performance	NOUN
esutjss-245	152	29	.	.	PUNCT
esutjss-245	153	1	investors	investor	NOUN
esutjss-245	153	2	uses	use	VERB
esutjss-245	153	3	profit	profit	NOUN
esutjss-245	153	4	margin	margin	NOUN
esutjss-245	153	5	as	as	ADP
esutjss-245	153	6	a	a	DET
esutjss-245	153	7	crucial	crucial	ADJ
esutjss-245	153	8	criterion	criterion	NOUN
esutjss-245	153	9	for	for	ADP
esutjss-245	153	10	evaluating	evaluate	VERB
esutjss-245	153	11	the	the	DET
esutjss-245	153	12	financial	financial	ADJ
esutjss-245	153	13	health	health	NOUN
esutjss-245	153	14	and	and	CCONJ
esutjss-245	153	15	growth	growth	NOUN
esutjss-245	153	16	prospects	prospect	NOUN
esutjss-245	153	17	of	of	ADP
esutjss-245	153	18	companies	company	NOUN
esutjss-245	153	19	.	.	PUNCT
esutjss-245	154	1	higher	high	ADJ
esutjss-245	154	2	profit	profit	NOUN
esutjss-245	154	3	margins	margin	NOUN
esutjss-245	154	4	often	often	ADV
esutjss-245	154	5	signal	signal	VERB
esutjss-245	154	6	robust	robust	ADJ
esutjss-245	154	7	financial	financial	ADJ
esutjss-245	154	8	management	management	NOUN
esutjss-245	154	9	and	and	CCONJ
esutjss-245	154	10	sustainable	sustainable	ADJ
esutjss-245	154	11	growth	growth	NOUN
esutjss-245	154	12	potential	potential	NOUN
esutjss-245	154	13	.	.	PUNCT
esutjss-245	155	1	a	a	DET
esutjss-245	155	2	consistently	consistently	ADV
esutjss-245	155	3	high	high	ADJ
esutjss-245	155	4	profit	profit	NOUN
esutjss-245	155	5	margin	margin	NOUN
esutjss-245	155	6	reflects	reflect	VERB
esutjss-245	155	7	efficient	efficient	ADJ
esutjss-245	155	8	cost	cost	NOUN
esutjss-245	155	9	management	management	NOUN
esutjss-245	155	10	,	,	PUNCT
esutjss-245	155	11	revenue	revenue	NOUN
esutjss-245	155	12	generation	generation	NOUN
esutjss-245	155	13	,	,	PUNCT
esutjss-245	155	14	and	and	CCONJ
esutjss-245	155	15	resource	resource	NOUN
esutjss-245	155	16	utilization	utilization	NOUN
esutjss-245	155	17	,	,	PUNCT
esutjss-245	155	18	indicating	indicate	VERB
esutjss-245	155	19	a	a	DET
esutjss-245	155	20	company	company	NOUN
esutjss-245	155	21	's	's	PART
esutjss-245	155	22	ability	ability	NOUN
esutjss-245	155	23	to	to	PART
esutjss-245	155	24	generate	generate	VERB
esutjss-245	155	25	profits	profit	NOUN
esutjss-245	155	26	from	from	ADP
esutjss-245	155	27	its	its	PRON
esutjss-245	155	28	core	core	NOUN
esutjss-245	155	29	operations	operation	NOUN
esutjss-245	155	30	.	.	PUNCT
esutjss-245	156	1	thus	thus	ADV
esutjss-245	156	2	,	,	PUNCT
esutjss-245	156	3	profit	profit	NOUN
esutjss-245	156	4	margin	margin	NOUN
esutjss-245	156	5	serves	serve	VERB
esutjss-245	156	6	as	as	ADP
esutjss-245	156	7	a	a	DET
esutjss-245	156	8	vital	vital	ADJ
esutjss-245	156	9	financial	financial	ADJ
esutjss-245	156	10	metric	metric	NOUN
esutjss-245	156	11	that	that	PRON
esutjss-245	156	12	offers	offer	VERB
esutjss-245	156	13	useful	useful	ADJ
esutjss-245	156	14	hints	hint	NOUN
esutjss-245	156	15	into	into	ADP
esutjss-245	156	16	a	a	DET
esutjss-245	156	17	company	company	NOUN
esutjss-245	156	18	's	's	PART
esutjss-245	156	19	profitability	profitability	NOUN
esutjss-245	156	20	,	,	PUNCT
esutjss-245	156	21	operational	operational	ADJ
esutjss-245	156	22	efficiency	efficiency	NOUN
esutjss-245	156	23	,	,	PUNCT
esutjss-245	156	24	and	and	CCONJ
esutjss-245	156	25	financial	financial	ADJ
esutjss-245	156	26	health	health	NOUN
esutjss-245	156	27	.	.	PUNCT
esutjss-245	157	1	by	by	ADP
esutjss-245	157	2	calculating	calculate	VERB
esutjss-245	157	3	and	and	CCONJ
esutjss-245	157	4	analyzing	analyze	VERB
esutjss-245	157	5	profit	profit	NOUN
esutjss-245	157	6	margins	margin	NOUN
esutjss-245	157	7	,	,	PUNCT
esutjss-245	157	8	businesses	business	NOUN
esutjss-245	157	9	,	,	PUNCT
esutjss-245	157	10	investors	investor	NOUN
esutjss-245	157	11	,	,	PUNCT
esutjss-245	157	12	and	and	CCONJ
esutjss-245	157	13	stakeholders	stakeholder	NOUN
esutjss-245	157	14	can	can	AUX
esutjss-245	157	15	make	make	VERB
esutjss-245	157	16	informed	informed	ADJ
esutjss-245	157	17	decisions	decision	NOUN
esutjss-245	157	18	regarding	regard	VERB
esutjss-245	157	19	investment	investment	NOUN
esutjss-245	157	20	,	,	PUNCT
esutjss-245	157	21	strategic	strategic	ADJ
esutjss-245	157	22	planning	planning	NOUN
esutjss-245	157	23	,	,	PUNCT
esutjss-245	157	24	and	and	CCONJ
esutjss-245	157	25	performance	performance	NOUN
esutjss-245	157	26	evaluation	evaluation	NOUN
esutjss-245	157	27	.	.	PUNCT
esutjss-245	158	1	theoretical	theoretical	ADJ
esutjss-245	158	2	framework	framework	NOUN
esutjss-245	158	3	system	system	NOUN
esutjss-245	158	4	theory	theory	NOUN
esutjss-245	158	5	the	the	DET
esutjss-245	158	6	information	information	NOUN
esutjss-245	158	7	content	content	NOUN
esutjss-245	158	8	hypotheses	hypothesis	NOUN
esutjss-245	158	9	,	,	PUNCT
esutjss-245	158	10	which	which	PRON
esutjss-245	158	11	was	be	AUX
esutjss-245	158	12	developed	develop	VERB
esutjss-245	158	13	in	in	ADP
esutjss-245	158	14	1988	1988	NUM
esutjss-245	158	15	by	by	ADP
esutjss-245	158	16	brennan	brennan	PROPN
esutjss-245	158	17	and	and	CCONJ
esutjss-245	158	18	copeland	copeland	PROPN
esutjss-245	158	19	,	,	PUNCT
esutjss-245	158	20	suggests	suggest	VERB
esutjss-245	158	21	that	that	SCONJ
esutjss-245	158	22	managers	manager	NOUN
esutjss-245	158	23	use	use	VERB
esutjss-245	158	24	accounting	accounting	NOUN
esutjss-245	158	25	information	information	NOUN
esutjss-245	158	26	as	as	ADP
esutjss-245	158	27	a	a	DET
esutjss-245	158	28	means	means	NOUN
esutjss-245	158	29	of	of	ADP
esutjss-245	158	30	conveying	convey	VERB
esutjss-245	158	31	information	information	NOUN
esutjss-245	158	32	to	to	ADP
esutjss-245	158	33	shareholders	shareholder	NOUN
esutjss-245	158	34	.	.	PUNCT
esutjss-245	159	1	this	this	DET
esutjss-245	159	2	theory	theory	NOUN
esutjss-245	159	3	posits	posit	VERB
esutjss-245	159	4	that	that	SCONJ
esutjss-245	159	5	disclosure	disclosure	NOUN
esutjss-245	159	6	of	of	ADP
esutjss-245	159	7	a	a	DET
esutjss-245	159	8	firm	firm	NOUN
esutjss-245	159	9	's	's	PART
esutjss-245	159	10	attributes	attribute	NOUN
esutjss-245	159	11	sends	send	VERB
esutjss-245	159	12	signals	signal	NOUN
esutjss-245	159	13	to	to	ADP
esutjss-245	159	14	the	the	DET
esutjss-245	159	15	market	market	NOUN
esutjss-245	159	16	,	,	PUNCT
esutjss-245	159	17	which	which	PRON
esutjss-245	159	18	can	can	AUX
esutjss-245	159	19	indirectly	indirectly	ADV
esutjss-245	159	20	affect	affect	VERB
esutjss-245	159	21	the	the	DET
esutjss-245	159	22	preference	preference	NOUN
esutjss-245	159	23	for	for	ADP
esutjss-245	159	24	shares	share	NOUN
esutjss-245	159	25	of	of	ADP
esutjss-245	159	26	a	a	DET
esutjss-245	159	27	particular	particular	ADJ
esutjss-245	159	28	firm	firm	NOUN
esutjss-245	159	29	(	(	PUNCT
esutjss-245	159	30	shuaibu	shuaibu	NOUN
esutjss-245	159	31	,	,	PUNCT
esutjss-245	159	32	ali	ali	PROPN
esutjss-245	159	33	,	,	PUNCT
esutjss-245	159	34	&	&	CCONJ
esutjss-245	159	35	amin	amin	PROPN
esutjss-245	159	36	,	,	PUNCT
esutjss-245	159	37	2019	2019	NUM
esutjss-245	159	38	)	)	PUNCT
esutjss-245	159	39	.	.	PUNCT
esutjss-245	160	1	this	this	DET
esutjss-245	160	2	concept	concept	NOUN
esutjss-245	160	3	,	,	PUNCT
esutjss-245	160	4	also	also	ADV
esutjss-245	160	5	known	know	VERB
esutjss-245	160	6	as	as	ADP
esutjss-245	160	7	signalling	signal	VERB
esutjss-245	160	8	theory	theory	NOUN
esutjss-245	160	9	,	,	PUNCT
esutjss-245	160	10	suggests	suggest	VERB
esutjss-245	160	11	that	that	SCONJ
esutjss-245	160	12	corporate	corporate	ADJ
esutjss-245	160	13	announcements	announcement	NOUN
esutjss-245	160	14	can	can	AUX
esutjss-245	160	15	have	have	VERB
esutjss-245	160	16	information	information	NOUN
esutjss-245	160	17	content	content	NOUN
esutjss-245	160	18	(	(	PUNCT
esutjss-245	160	19	hameed	hameed	PROPN
esutjss-245	160	20	&	&	CCONJ
esutjss-245	160	21	tsoho	tsoho	NOUN
esutjss-245	160	22	,	,	PUNCT
esutjss-245	160	23	2020	2020	NUM
esutjss-245	160	24	)	)	PUNCT
esutjss-245	160	25	.	.	PUNCT
esutjss-245	161	1	for	for	ADP
esutjss-245	161	2	example	example	NOUN
esutjss-245	161	3	,	,	PUNCT
esutjss-245	161	4	cash	cash	NOUN
esutjss-245	161	5	dividend	dividend	NOUN
esutjss-245	161	6	announcements	announcement	NOUN
esutjss-245	161	7	can	can	AUX
esutjss-245	161	8	signal	signal	VERB
esutjss-245	161	9	changes	change	NOUN
esutjss-245	161	10	in	in	ADP
esutjss-245	161	11	a	a	DET
esutjss-245	161	12	company	company	NOUN
esutjss-245	161	13	's	's	PART
esutjss-245	161	14	expectations	expectation	NOUN
esutjss-245	161	15	about	about	ADP
esutjss-245	161	16	its	its	PRON
esutjss-245	161	17	future	future	ADJ
esutjss-245	161	18	prospects	prospect	NOUN
esutjss-245	161	19	when	when	SCONJ
esutjss-245	161	20	the	the	DET
esutjss-245	161	21	market	market	NOUN
esutjss-245	161	22	is	be	AUX
esutjss-245	161	23	imperfect	imperfect	ADJ
esutjss-245	161	24	.	.	PUNCT
esutjss-245	162	1	management	management	NOUN
esutjss-245	162	2	has	have	VERB
esutjss-245	162	3	discretion	discretion	NOUN
esutjss-245	162	4	over	over	ADP
esutjss-245	162	5	the	the	DET
esutjss-245	162	6	investment	investment	NOUN
esutjss-245	162	7	and	and	CCONJ
esutjss-245	162	8	financing	financing	NOUN
esutjss-245	162	9	decisions	decision	NOUN
esutjss-245	162	10	of	of	ADP
esutjss-245	162	11	firms	firm	NOUN
esutjss-245	162	12	,	,	PUNCT
esutjss-245	162	13	and	and	CCONJ
esutjss-245	162	14	they	they	PRON
esutjss-245	162	15	can	can	AUX
esutjss-245	162	16	use	use	VERB
esutjss-245	162	17	earnings	earning	NOUN
esutjss-245	162	18	as	as	ADP
esutjss-245	162	19	a	a	DET
esutjss-245	162	20	tool	tool	NOUN
esutjss-245	162	21	to	to	PART
esutjss-245	162	22	convey	convey	VERB
esutjss-245	162	23	information	information	NOUN
esutjss-245	162	24	about	about	ADP
esutjss-245	162	25	the	the	DET
esutjss-245	162	26	prospects	prospect	NOUN
esutjss-245	162	27	of	of	ADP
esutjss-245	162	28	the	the	DET
esutjss-245	162	29	company	company	NOUN
esutjss-245	162	30	,	,	PUNCT
esutjss-245	162	31	including	include	VERB
esutjss-245	162	32	its	its	PRON
esutjss-245	162	33	573	573	NUM
esutjss-245	162	34	market	market	NOUN
esutjss-245	162	35	value	value	NOUN
esutjss-245	162	36	.	.	PUNCT
esutjss-245	163	1	when	when	SCONJ
esutjss-245	163	2	earnings	earning	NOUN
esutjss-245	163	3	convey	convey	VERB
esutjss-245	163	4	useful	useful	ADJ
esutjss-245	163	5	information	information	NOUN
esutjss-245	163	6	,	,	PUNCT
esutjss-245	163	7	it	it	PRON
esutjss-245	163	8	can	can	AUX
esutjss-245	163	9	have	have	VERB
esutjss-245	163	10	an	an	DET
esutjss-245	163	11	immediate	immediate	ADJ
esutjss-245	163	12	impact	impact	NOUN
esutjss-245	163	13	on	on	ADP
esutjss-245	163	14	the	the	DET
esutjss-245	163	15	company	company	NOUN
esutjss-245	163	16	's	's	PART
esutjss-245	163	17	market	market	NOUN
esutjss-245	163	18	performance	performance	NOUN
esutjss-245	163	19	following	follow	VERB
esutjss-245	163	20	a	a	DET
esutjss-245	163	21	public	public	ADJ
esutjss-245	163	22	announcement	announcement	NOUN
esutjss-245	163	23	.	.	PUNCT
esutjss-245	164	1	the	the	DET
esutjss-245	164	2	issuance	issuance	NOUN
esutjss-245	164	3	of	of	ADP
esutjss-245	164	4	more	more	ADJ
esutjss-245	164	5	shares	share	NOUN
esutjss-245	164	6	by	by	ADP
esutjss-245	164	7	a	a	DET
esutjss-245	164	8	company	company	NOUN
esutjss-245	164	9	can	can	AUX
esutjss-245	164	10	reduce	reduce	VERB
esutjss-245	164	11	the	the	DET
esutjss-245	164	12	price	price	NOUN
esutjss-245	164	13	of	of	ADP
esutjss-245	164	14	its	its	PRON
esutjss-245	164	15	shares	share	NOUN
esutjss-245	164	16	,	,	PUNCT
esutjss-245	164	17	while	while	SCONJ
esutjss-245	164	18	stock	stock	NOUN
esutjss-245	164	19	splits	split	NOUN
esutjss-245	164	20	can	can	AUX
esutjss-245	164	21	cause	cause	VERB
esutjss-245	164	22	price	price	NOUN
esutjss-245	164	23	increases	increase	NOUN
esutjss-245	164	24	,	,	PUNCT
esutjss-245	164	25	and	and	CCONJ
esutjss-245	164	26	issuing	issue	VERB
esutjss-245	164	27	more	more	ADJ
esutjss-245	164	28	debt	debt	NOUN
esutjss-245	164	29	instruments	instrument	NOUN
esutjss-245	164	30	can	can	AUX
esutjss-245	164	31	lead	lead	VERB
esutjss-245	164	32	to	to	ADP
esutjss-245	164	33	price	price	NOUN
esutjss-245	164	34	increases	increase	NOUN
esutjss-245	164	35	.	.	PUNCT
esutjss-245	165	1	market	market	NOUN
esutjss-245	165	2	equilibrium	equilibrium	NOUN
esutjss-245	165	3	is	be	AUX
esutjss-245	165	4	not	not	PART
esutjss-245	165	5	often	often	ADV
esutjss-245	165	6	seen	see	VERB
esutjss-245	165	7	in	in	ADP
esutjss-245	165	8	the	the	DET
esutjss-245	165	9	financial	financial	ADJ
esutjss-245	165	10	markets	market	NOUN
esutjss-245	165	11	.	.	PUNCT
esutjss-245	166	1	when	when	SCONJ
esutjss-245	166	2	a	a	DET
esutjss-245	166	3	company	company	NOUN
esutjss-245	166	4	announces	announce	VERB
esutjss-245	166	5	its	its	PRON
esutjss-245	166	6	earnings	earning	NOUN
esutjss-245	166	7	or	or	CCONJ
esutjss-245	166	8	dividend	dividend	NOUN
esutjss-245	166	9	,	,	PUNCT
esutjss-245	166	10	it	it	PRON
esutjss-245	166	11	sends	send	VERB
esutjss-245	166	12	signals	signal	NOUN
esutjss-245	166	13	to	to	ADP
esutjss-245	166	14	investors	investor	NOUN
esutjss-245	166	15	that	that	PRON
esutjss-245	166	16	can	can	AUX
esutjss-245	166	17	influence	influence	VERB
esutjss-245	166	18	the	the	DET
esutjss-245	166	19	market	market	NOUN
esutjss-245	166	20	value	value	NOUN
esutjss-245	166	21	of	of	ADP
esutjss-245	166	22	the	the	DET
esutjss-245	166	23	firms	firm	NOUN
esutjss-245	166	24	listed	list	VERB
esutjss-245	166	25	on	on	ADP
esutjss-245	166	26	the	the	DET
esutjss-245	166	27	stock	stock	NOUN
esutjss-245	166	28	market	market	NOUN
esutjss-245	166	29	(	(	PUNCT
esutjss-245	166	30	hameed	hameed	PROPN
esutjss-245	166	31	&	&	CCONJ
esutjss-245	166	32	tsoho	tsoho	NOUN
esutjss-245	166	33	,	,	PUNCT
esutjss-245	166	34	2020	2020	NUM
esutjss-245	166	35	)	)	PUNCT
esutjss-245	166	36	.	.	PUNCT
esutjss-245	167	1	according	accord	VERB
esutjss-245	167	2	to	to	ADP
esutjss-245	167	3	the	the	DET
esutjss-245	167	4	signaling	signal	VERB
esutjss-245	167	5	theory	theory	NOUN
esutjss-245	167	6	,	,	PUNCT
esutjss-245	167	7	companies	company	NOUN
esutjss-245	167	8	can	can	AUX
esutjss-245	167	9	use	use	VERB
esutjss-245	167	10	financial	financial	ADJ
esutjss-245	167	11	statements	statement	NOUN
esutjss-245	167	12	to	to	PART
esutjss-245	167	13	attract	attract	VERB
esutjss-245	167	14	capital	capital	NOUN
esutjss-245	167	15	providers	provider	NOUN
esutjss-245	167	16	who	who	PRON
esutjss-245	167	17	are	be	AUX
esutjss-245	167	18	seeking	seek	VERB
esutjss-245	167	19	firms	firm	NOUN
esutjss-245	167	20	with	with	ADP
esutjss-245	167	21	favorable	favorable	ADJ
esutjss-245	167	22	attributes	attribute	NOUN
esutjss-245	167	23	that	that	PRON
esutjss-245	167	24	can	can	AUX
esutjss-245	167	25	maximize	maximize	VERB
esutjss-245	167	26	shareholders	shareholder	NOUN
esutjss-245	167	27	'	'	PART
esutjss-245	167	28	funds	fund	NOUN
esutjss-245	167	29	(	(	PUNCT
esutjss-245	167	30	oyeyemi	oyeyemi	PROPN
esutjss-245	167	31	,	,	PUNCT
esutjss-245	167	32	enyi	enyi	PROPN
esutjss-245	167	33	,	,	PUNCT
esutjss-245	167	34	&	&	CCONJ
esutjss-245	167	35	emmanuel	emmanuel	PROPN
esutjss-245	167	36	,	,	PUNCT
esutjss-245	167	37	2019	2019	NUM
esutjss-245	167	38	)	)	PUNCT
esutjss-245	167	39	.	.	PUNCT
esutjss-245	168	1	this	this	DET
esutjss-245	168	2	theory	theory	NOUN
esutjss-245	168	3	is	be	AUX
esutjss-245	168	4	relevant	relevant	ADJ
esutjss-245	168	5	to	to	ADP
esutjss-245	168	6	this	this	DET
esutjss-245	168	7	research	research	NOUN
esutjss-245	168	8	work	work	NOUN
esutjss-245	168	9	because	because	SCONJ
esutjss-245	168	10	investors	investor	NOUN
esutjss-245	168	11	typically	typically	ADV
esutjss-245	168	12	consider	consider	VERB
esutjss-245	168	13	specific	specific	ADJ
esutjss-245	168	14	firm	firm	ADJ
esutjss-245	168	15	attributes	attribute	NOUN
esutjss-245	168	16	before	before	ADP
esutjss-245	168	17	purchasing	purchase	VERB
esutjss-245	168	18	a	a	DET
esutjss-245	168	19	firm	firm	NOUN
esutjss-245	168	20	's	's	PART
esutjss-245	168	21	stock	stock	NOUN
esutjss-245	168	22	,	,	PUNCT
esutjss-245	168	23	such	such	ADJ
esutjss-245	168	24	as	as	ADP
esutjss-245	168	25	the	the	DET
esutjss-245	168	26	efficiency	efficiency	NOUN
esutjss-245	168	27	of	of	ADP
esutjss-245	168	28	asset	asset	NOUN
esutjss-245	168	29	utilization	utilization	NOUN
esutjss-245	168	30	,	,	PUNCT
esutjss-245	168	31	optimal	optimal	ADJ
esutjss-245	168	32	gearing	gearing	NOUN
esutjss-245	168	33	ratio	ratio	NOUN
esutjss-245	168	34	,	,	PUNCT
esutjss-245	168	35	and	and	CCONJ
esutjss-245	168	36	economic	economic	ADJ
esutjss-245	168	37	profitability	profitability	NOUN
esutjss-245	168	38	of	of	ADP
esutjss-245	168	39	the	the	DET
esutjss-245	168	40	firm	firm	NOUN
esutjss-245	168	41	(	(	PUNCT
esutjss-245	168	42	shuaibu	shuaibu	NOUN
esutjss-245	168	43	,	,	PUNCT
esutjss-245	168	44	ali	ali	PROPN
esutjss-245	168	45	,	,	PUNCT
esutjss-245	168	46	&	&	CCONJ
esutjss-245	168	47	amin	amin	PROPN
esutjss-245	168	48	,	,	PUNCT
esutjss-245	168	49	2019	2019	NUM
esutjss-245	168	50	)	)	PUNCT
esutjss-245	168	51	.	.	PUNCT
esutjss-245	169	1	these	these	DET
esutjss-245	169	2	factors	factor	NOUN
esutjss-245	169	3	serve	serve	VERB
esutjss-245	169	4	as	as	ADP
esutjss-245	169	5	major	major	ADJ
esutjss-245	169	6	determinants	determinant	NOUN
esutjss-245	169	7	that	that	PRON
esutjss-245	169	8	reflect	reflect	VERB
esutjss-245	169	9	how	how	SCONJ
esutjss-245	169	10	managers	manager	NOUN
esutjss-245	169	11	are	be	AUX
esutjss-245	169	12	able	able	ADJ
esutjss-245	169	13	to	to	PART
esutjss-245	169	14	maximize	maximize	VERB
esutjss-245	169	15	the	the	DET
esutjss-245	169	16	value	value	NOUN
esutjss-245	169	17	of	of	ADP
esutjss-245	169	18	the	the	DET
esutjss-245	169	19	shareholders	shareholder	NOUN
esutjss-245	169	20	.	.	PUNCT
esutjss-245	170	1	the	the	DET
esutjss-245	170	2	information	information	NOUN
esutjss-245	170	3	content	content	NOUN
esutjss-245	170	4	hypotheses	hypothesis	NOUN
esutjss-245	170	5	(	(	PUNCT
esutjss-245	170	6	ich	ich	NOUN
esutjss-245	170	7	)	)	PUNCT
esutjss-245	170	8	suggests	suggest	VERB
esutjss-245	170	9	that	that	SCONJ
esutjss-245	170	10	the	the	DET
esutjss-245	170	11	market	market	NOUN
esutjss-245	170	12	value	value	NOUN
esutjss-245	170	13	of	of	ADP
esutjss-245	170	14	a	a	DET
esutjss-245	170	15	firm	firm	NOUN
esutjss-245	170	16	reflects	reflect	VERB
esutjss-245	170	17	all	all	DET
esutjss-245	170	18	available	available	ADJ
esutjss-245	170	19	public	public	ADJ
esutjss-245	170	20	information	information	NOUN
esutjss-245	170	21	about	about	ADP
esutjss-245	170	22	the	the	DET
esutjss-245	170	23	firm	firm	NOUN
esutjss-245	170	24	(	(	PUNCT
esutjss-245	170	25	hameed	hameed	PROPN
esutjss-245	170	26	&	&	CCONJ
esutjss-245	170	27	tsoho	tsoho	NOUN
esutjss-245	170	28	,	,	PUNCT
esutjss-245	170	29	2020	2020	NUM
esutjss-245	170	30	)	)	PUNCT
esutjss-245	170	31	.	.	PUNCT
esutjss-245	171	1	the	the	DET
esutjss-245	171	2	profitability	profitability	NOUN
esutjss-245	171	3	of	of	ADP
esutjss-245	171	4	a	a	DET
esutjss-245	171	5	firm	firm	NOUN
esutjss-245	171	6	is	be	AUX
esutjss-245	171	7	a	a	DET
esutjss-245	171	8	key	key	ADJ
esutjss-245	171	9	factor	factor	NOUN
esutjss-245	171	10	that	that	PRON
esutjss-245	171	11	affects	affect	VERB
esutjss-245	171	12	its	its	PRON
esutjss-245	171	13	market	market	NOUN
esutjss-245	171	14	value	value	NOUN
esutjss-245	171	15	.	.	PUNCT
esutjss-245	172	1	investors	investor	NOUN
esutjss-245	172	2	tend	tend	VERB
esutjss-245	172	3	to	to	PART
esutjss-245	172	4	favor	favor	VERB
esutjss-245	172	5	firms	firm	NOUN
esutjss-245	172	6	that	that	PRON
esutjss-245	172	7	generate	generate	VERB
esutjss-245	172	8	high	high	ADJ
esutjss-245	172	9	profits	profit	NOUN
esutjss-245	172	10	,	,	PUNCT
esutjss-245	172	11	as	as	SCONJ
esutjss-245	172	12	this	this	PRON
esutjss-245	172	13	indicates	indicate	VERB
esutjss-245	172	14	that	that	SCONJ
esutjss-245	172	15	the	the	DET
esutjss-245	172	16	firm	firm	NOUN
esutjss-245	172	17	is	be	AUX
esutjss-245	172	18	able	able	ADJ
esutjss-245	172	19	to	to	PART
esutjss-245	172	20	earn	earn	VERB
esutjss-245	172	21	a	a	DET
esutjss-245	172	22	return	return	NOUN
esutjss-245	172	23	on	on	ADP
esutjss-245	172	24	its	its	PRON
esutjss-245	172	25	investments	investment	NOUN
esutjss-245	172	26	(	(	PUNCT
esutjss-245	172	27	shuaibu	shuaibu	NOUN
esutjss-245	172	28	,	,	PUNCT
esutjss-245	172	29	ali	ali	PROPN
esutjss-245	172	30	,	,	PUNCT
esutjss-245	172	31	&	&	CCONJ
esutjss-245	172	32	amin	amin	PROPN
esutjss-245	172	33	,	,	PUNCT
esutjss-245	172	34	2019	2019	NUM
esutjss-245	172	35	)	)	PUNCT
esutjss-245	172	36	.	.	PUNCT
esutjss-245	173	1	high	high	ADJ
esutjss-245	173	2	financial	financial	ADJ
esutjss-245	173	3	performance	performance	NOUN
esutjss-245	173	4	also	also	ADV
esutjss-245	173	5	suggests	suggest	VERB
esutjss-245	173	6	that	that	SCONJ
esutjss-245	173	7	the	the	DET
esutjss-245	173	8	firm	firm	NOUN
esutjss-245	173	9	is	be	AUX
esutjss-245	173	10	able	able	ADJ
esutjss-245	173	11	to	to	PART
esutjss-245	173	12	pay	pay	VERB
esutjss-245	173	13	dividends	dividend	NOUN
esutjss-245	173	14	to	to	ADP
esutjss-245	173	15	shareholders	shareholder	NOUN
esutjss-245	173	16	.	.	PUNCT
esutjss-245	174	1	therefore	therefore	ADV
esutjss-245	174	2	,	,	PUNCT
esutjss-245	174	3	firms	firm	NOUN
esutjss-245	174	4	with	with	ADP
esutjss-245	174	5	higher	high	ADJ
esutjss-245	174	6	financial	financial	ADJ
esutjss-245	174	7	performance	performance	NOUN
esutjss-245	174	8	tend	tend	VERB
esutjss-245	174	9	to	to	PART
esutjss-245	174	10	have	have	VERB
esutjss-245	174	11	a	a	DET
esutjss-245	174	12	higher	high	ADJ
esutjss-245	174	13	market	market	NOUN
esutjss-245	174	14	value	value	NOUN
esutjss-245	174	15	.	.	PUNCT
esutjss-245	175	1	leverage	leverage	NOUN
esutjss-245	175	2	is	be	AUX
esutjss-245	175	3	the	the	DET
esutjss-245	175	4	degree	degree	NOUN
esutjss-245	175	5	to	to	PART
esutjss-245	175	6	which	which	PRON
esutjss-245	175	7	a	a	DET
esutjss-245	175	8	firm	firm	NOUN
esutjss-245	175	9	uses	use	VERB
esutjss-245	175	10	debt	debt	NOUN
esutjss-245	175	11	to	to	PART
esutjss-245	175	12	finance	finance	VERB
esutjss-245	175	13	its	its	PRON
esutjss-245	175	14	operations	operation	NOUN
esutjss-245	175	15	.	.	PUNCT
esutjss-245	176	1	higher	high	ADJ
esutjss-245	176	2	leverage	leverage	NOUN
esutjss-245	176	3	can	can	AUX
esutjss-245	176	4	lead	lead	VERB
esutjss-245	176	5	to	to	ADP
esutjss-245	176	6	higher	high	ADJ
esutjss-245	176	7	profits	profit	NOUN
esutjss-245	176	8	,	,	PUNCT
esutjss-245	176	9	as	as	SCONJ
esutjss-245	176	10	the	the	DET
esutjss-245	176	11	firm	firm	NOUN
esutjss-245	176	12	can	can	AUX
esutjss-245	176	13	use	use	VERB
esutjss-245	176	14	the	the	DET
esutjss-245	176	15	borrowed	borrow	VERB
esutjss-245	176	16	funds	fund	NOUN
esutjss-245	176	17	to	to	PART
esutjss-245	176	18	invest	invest	VERB
esutjss-245	176	19	in	in	ADP
esutjss-245	176	20	new	new	ADJ
esutjss-245	176	21	projects	project	NOUN
esutjss-245	176	22	.	.	PUNCT
esutjss-245	177	1	however	however	ADV
esutjss-245	177	2	,	,	PUNCT
esutjss-245	177	3	higher	high	ADJ
esutjss-245	177	4	leverage	leverage	NOUN
esutjss-245	177	5	also	also	ADV
esutjss-245	177	6	increases	increase	VERB
esutjss-245	177	7	the	the	DET
esutjss-245	177	8	risk	risk	NOUN
esutjss-245	177	9	of	of	ADP
esutjss-245	177	10	bankruptcy	bankruptcy	NOUN
esutjss-245	177	11	,	,	PUNCT
esutjss-245	177	12	as	as	SCONJ
esutjss-245	177	13	the	the	DET
esutjss-245	177	14	firm	firm	NOUN
esutjss-245	177	15	may	may	AUX
esutjss-245	177	16	struggle	struggle	VERB
esutjss-245	177	17	to	to	PART
esutjss-245	177	18	meet	meet	VERB
esutjss-245	177	19	its	its	PRON
esutjss-245	177	20	debt	debt	NOUN
esutjss-245	177	21	obligations	obligation	NOUN
esutjss-245	177	22	(	(	PUNCT
esutjss-245	177	23	oyeyemi	oyeyemi	PROPN
esutjss-245	177	24	,	,	PUNCT
esutjss-245	177	25	enyi	enyi	PROPN
esutjss-245	177	26	,	,	PUNCT
esutjss-245	177	27	&	&	CCONJ
esutjss-245	177	28	emmanuel	emmanuel	PROPN
esutjss-245	177	29	,	,	PUNCT
esutjss-245	177	30	2019	2019	NUM
esutjss-245	177	31	)	)	PUNCT
esutjss-245	177	32	.	.	PUNCT
esutjss-245	178	1	therefore	therefore	ADV
esutjss-245	178	2	,	,	PUNCT
esutjss-245	178	3	firms	firm	NOUN
esutjss-245	178	4	with	with	ADP
esutjss-245	178	5	moderate	moderate	ADJ
esutjss-245	178	6	levels	level	NOUN
esutjss-245	178	7	of	of	ADP
esutjss-245	178	8	leverage	leverage	NOUN
esutjss-245	178	9	tend	tend	VERB
esutjss-245	178	10	to	to	PART
esutjss-245	178	11	have	have	VERB
esutjss-245	178	12	a	a	DET
esutjss-245	178	13	higher	high	ADJ
esutjss-245	178	14	market	market	NOUN
esutjss-245	178	15	value	value	NOUN
esutjss-245	178	16	.	.	PUNCT
esutjss-245	179	1	liquidity	liquidity	NOUN
esutjss-245	179	2	refers	refer	VERB
esutjss-245	179	3	to	to	ADP
esutjss-245	179	4	the	the	DET
esutjss-245	179	5	ability	ability	NOUN
esutjss-245	179	6	of	of	ADP
esutjss-245	179	7	a	a	DET
esutjss-245	179	8	firm	firm	NOUN
esutjss-245	179	9	to	to	PART
esutjss-245	179	10	meet	meet	VERB
esutjss-245	179	11	its	its	PRON
esutjss-245	179	12	short	short	ADJ
esutjss-245	179	13	-	-	PUNCT
esutjss-245	179	14	term	term	NOUN
esutjss-245	179	15	obligations	obligation	NOUN
esutjss-245	179	16	.	.	PUNCT
esutjss-245	180	1	firms	firm	NOUN
esutjss-245	180	2	that	that	PRON
esutjss-245	180	3	are	be	AUX
esutjss-245	180	4	more	more	ADV
esutjss-245	180	5	liquid	liquid	ADJ
esutjss-245	180	6	are	be	AUX
esutjss-245	180	7	less	less	ADV
esutjss-245	180	8	likely	likely	ADJ
esutjss-245	180	9	to	to	PART
esutjss-245	180	10	default	default	VERB
esutjss-245	180	11	on	on	ADP
esutjss-245	180	12	their	their	PRON
esutjss-245	180	13	debts	debt	NOUN
esutjss-245	180	14	,	,	PUNCT
esutjss-245	180	15	which	which	PRON
esutjss-245	180	16	can	can	AUX
esutjss-245	180	17	lead	lead	VERB
esutjss-245	180	18	to	to	ADP
esutjss-245	180	19	higher	high	ADJ
esutjss-245	180	20	investor	investor	NOUN
esutjss-245	180	21	confidence	confidence	NOUN
esutjss-245	180	22	and	and	CCONJ
esutjss-245	180	23	a	a	DET
esutjss-245	180	24	higher	high	ADJ
esutjss-245	180	25	market	market	NOUN
esutjss-245	180	26	value	value	NOUN
esutjss-245	180	27	.	.	PUNCT
esutjss-245	181	1	liquidity	liquidity	NOUN
esutjss-245	181	2	can	can	AUX
esutjss-245	181	3	be	be	AUX
esutjss-245	181	4	improved	improve	VERB
esutjss-245	181	5	by	by	ADP
esutjss-245	181	6	increasing	increase	VERB
esutjss-245	181	7	cash	cash	NOUN
esutjss-245	181	8	reserves	reserve	NOUN
esutjss-245	181	9	,	,	PUNCT
esutjss-245	181	10	improving	improve	VERB
esutjss-245	181	11	working	work	VERB
esutjss-245	181	12	capital	capital	NOUN
esutjss-245	181	13	management	management	NOUN
esutjss-245	181	14	,	,	PUNCT
esutjss-245	181	15	and	and	CCONJ
esutjss-245	181	16	reducing	reduce	VERB
esutjss-245	181	17	short	short	ADJ
esutjss-245	181	18	-	-	PUNCT
esutjss-245	181	19	term	term	NOUN
esutjss-245	181	20	debt	debt	NOUN
esutjss-245	181	21	.	.	PUNCT
esutjss-245	182	1	empirical	empirical	ADJ
esutjss-245	182	2	review	review	PROPN
esutjss-245	182	3	nangih	nangih	NOUN
esutjss-245	182	4	,	,	PUNCT
esutjss-245	182	5	turakpe	turakpe	NOUN
esutjss-245	182	6	and	and	CCONJ
esutjss-245	182	7	effe	effe	PROPN
esutjss-245	182	8	-	-	PUNCT
esutjss-245	182	9	nnamdi	nnamdi	PROPN
esutjss-245	182	10	(	(	PUNCT
esutjss-245	182	11	2023	2023	NUM
esutjss-245	182	12	)	)	PUNCT
esutjss-245	182	13	examined	examine	VERB
esutjss-245	182	14	the	the	DET
esutjss-245	182	15	effect	effect	NOUN
esutjss-245	182	16	of	of	ADP
esutjss-245	182	17	firm	firm	ADJ
esutjss-245	182	18	characteristics	characteristic	NOUN
esutjss-245	182	19	on	on	ADP
esutjss-245	182	20	financial	financial	ADJ
esutjss-245	182	21	performance	performance	NOUN
esutjss-245	182	22	of	of	ADP
esutjss-245	182	23	listed	list	VERB
esutjss-245	182	24	companies.the	companies.the	DET
esutjss-245	182	25	study	study	NOUN
esutjss-245	182	26	population	population	NOUN
esutjss-245	182	27	was	be	AUX
esutjss-245	182	28	listed	list	VERB
esutjss-245	182	29	consumer	consumer	NOUN
esutjss-245	182	30	goods	good	NOUN
esutjss-245	182	31	firms	firm	NOUN
esutjss-245	182	32	in	in	ADP
esutjss-245	182	33	nigeria	nigeria	PROPN
esutjss-245	182	34	.	.	PUNCT
esutjss-245	183	1	the	the	DET
esutjss-245	183	2	study	study	NOUN
esutjss-245	183	3	adopted	adopt	VERB
esutjss-245	183	4	the	the	DET
esutjss-245	183	5	ex	ex	ADJ
esutjss-245	183	6	post	post	X
esutjss-245	183	7	facto	facto	X
esutjss-245	183	8	design	design	NOUN
esutjss-245	183	9	and	and	CCONJ
esutjss-245	183	10	was	be	AUX
esutjss-245	183	11	anchored	anchor	VERB
esutjss-245	183	12	on	on	ADP
esutjss-245	183	13	the	the	DET
esutjss-245	183	14	dynamic	dynamic	ADJ
esutjss-245	183	15	capability	capability	NOUN
esutjss-245	183	16	theory	theory	NOUN
esutjss-245	183	17	.	.	PUNCT
esutjss-245	184	1	it	it	PRON
esutjss-245	184	2	employed	employ	VERB
esutjss-245	184	3	purposive	purposive	ADJ
esutjss-245	184	4	sampling	sampling	NOUN
esutjss-245	184	5	technique	technique	NOUN
esutjss-245	184	6	to	to	PART
esutjss-245	184	7	select	select	VERB
esutjss-245	184	8	a	a	DET
esutjss-245	184	9	total	total	NOUN
esutjss-245	184	10	of	of	ADP
esutjss-245	184	11	16	16	NUM
esutjss-245	184	12	companies	company	NOUN
esutjss-245	184	13	;	;	PUNCT
esutjss-245	184	14	which	which	PRON
esutjss-245	184	15	served	serve	VERB
esutjss-245	184	16	as	as	ADP
esutjss-245	184	17	sample	sample	NOUN
esutjss-245	184	18	for	for	ADP
esutjss-245	184	19	the	the	DET
esutjss-245	184	20	study	study	NOUN
esutjss-245	184	21	.	.	PUNCT
esutjss-245	185	1	data	datum	NOUN
esutjss-245	185	2	were	be	AUX
esutjss-245	185	3	sourced	source	VERB
esutjss-245	185	4	from	from	ADP
esutjss-245	185	5	annual	annual	ADJ
esutjss-245	185	6	financial	financial	ADJ
esutjss-245	185	7	reports	report	NOUN
esutjss-245	185	8	of	of	ADP
esutjss-245	185	9	the	the	DET
esutjss-245	185	10	sampled	sample	VERB
esutjss-245	185	11	firms	firm	NOUN
esutjss-245	185	12	from	from	ADP
esutjss-245	185	13	2013	2013	NUM
esutjss-245	185	14	to	to	ADP
esutjss-245	185	15	2022	2022	NUM
esutjss-245	185	16	and	and	CCONJ
esutjss-245	185	17	analyzed	analyze	VERB
esutjss-245	185	18	using	use	VERB
esutjss-245	185	19	descriptive	descriptive	ADJ
esutjss-245	185	20	,	,	PUNCT
esutjss-245	185	21	correlation	correlation	NOUN
esutjss-245	185	22	and	and	CCONJ
esutjss-245	185	23	panel	panel	NOUN
esutjss-245	185	24	regression	regression	NOUN
esutjss-245	185	25	techniques	technique	NOUN
esutjss-245	185	26	.	.	PUNCT
esutjss-245	186	1	the	the	DET
esutjss-245	186	2	findings	finding	NOUN
esutjss-245	186	3	showed	show	VERB
esutjss-245	186	4	that	that	SCONJ
esutjss-245	186	5	firm	firm	ADJ
esutjss-245	186	6	age	age	NOUN
esutjss-245	186	7	had	have	VERB
esutjss-245	186	8	a	a	DET
esutjss-245	186	9	negative	negative	ADJ
esutjss-245	186	10	,	,	PUNCT
esutjss-245	186	11	though	though	SCONJ
esutjss-245	186	12	insignificant	insignificant	ADJ
esutjss-245	186	13	effect	effect	NOUN
esutjss-245	186	14	on	on	ADP
esutjss-245	186	15	eps	eps	PROPN
esutjss-245	186	16	.	.	PROPN
esutjss-245	186	17	relatedly	relatedly	ADV
esutjss-245	186	18	,	,	PUNCT
esutjss-245	186	19	firm	firm	ADJ
esutjss-245	186	20	age	age	NOUN
esutjss-245	186	21	was	be	AUX
esutjss-245	186	22	also	also	ADV
esutjss-245	186	23	found	find	VERB
esutjss-245	186	24	to	to	PART
esutjss-245	186	25	have	have	VERB
esutjss-245	186	26	a	a	DET
esutjss-245	186	27	significant	significant	ADJ
esutjss-245	186	28	negative	negative	ADJ
esutjss-245	186	29	effect	effect	NOUN
esutjss-245	186	30	on	on	ADP
esutjss-245	186	31	the	the	DET
esutjss-245	186	32	roa	roa	NOUN
esutjss-245	186	33	of	of	ADP
esutjss-245	186	34	the	the	DET
esutjss-245	186	35	consumer	consumer	NOUN
esutjss-245	186	36	goods	good	NOUN
esutjss-245	186	37	firms	firm	NOUN
esutjss-245	186	38	.	.	PUNCT
esutjss-245	187	1	in	in	ADP
esutjss-245	187	2	contrast	contrast	NOUN
esutjss-245	187	3	,	,	PUNCT
esutjss-245	187	4	firm	firm	ADJ
esutjss-245	187	5	size(fsiz	size(fsiz	PROPN
esutjss-245	187	6	)	)	PUNCT
esutjss-245	187	7	was	be	AUX
esutjss-245	187	8	found	find	VERB
esutjss-245	187	9	to	to	PART
esutjss-245	187	10	have	have	VERB
esutjss-245	187	11	a	a	DET
esutjss-245	187	12	positive	positive	ADJ
esutjss-245	187	13	and	and	CCONJ
esutjss-245	187	14	significant	significant	ADJ
esutjss-245	187	15	effect	effect	NOUN
esutjss-245	187	16	on	on	ADP
esutjss-245	187	17	eps	eps	PROPN
esutjss-245	187	18	.	.	PROPN
esutjss-245	187	19	lastly	lastly	ADV
esutjss-245	187	20	,	,	PUNCT
esutjss-245	187	21	it	it	PRON
esutjss-245	187	22	was	be	AUX
esutjss-245	187	23	found	find	VERB
esutjss-245	187	24	that	that	SCONJ
esutjss-245	187	25	fsiz	fsiz	PROPN
esutjss-245	187	26	has	have	VERB
esutjss-245	187	27	a	a	DET
esutjss-245	187	28	significant	significant	ADJ
esutjss-245	187	29	negative	negative	ADJ
esutjss-245	187	30	effect	effect	NOUN
esutjss-245	187	31	on	on	ADP
esutjss-245	187	32	the	the	DET
esutjss-245	187	33	return	return	NOUN
esutjss-245	187	34	on	on	ADP
esutjss-245	187	35	assets	asset	NOUN
esutjss-245	187	36	of	of	ADP
esutjss-245	187	37	consumer	consumer	NOUN
esutjss-245	187	38	goods	good	NOUN
esutjss-245	187	39	firms	firm	NOUN
esutjss-245	187	40	in	in	ADP
esutjss-245	187	41	nigeria	nigeria	PROPN
esutjss-245	187	42	.	.	PUNCT
esutjss-245	188	1	based	base	VERB
esutjss-245	188	2	on	on	ADP
esutjss-245	188	3	the	the	DET
esutjss-245	188	4	findings	finding	NOUN
esutjss-245	188	5	,	,	PUNCT
esutjss-245	188	6	the	the	DET
esutjss-245	188	7	study	study	NOUN
esutjss-245	188	8	recommended	recommend	VERB
esutjss-245	188	9	that	that	SCONJ
esutjss-245	188	10	;	;	PUNCT
esutjss-245	188	11	firstly	firstly	ADV
esutjss-245	188	12	,	,	PUNCT
esutjss-245	188	13	consumer	consumer	NOUN
esutjss-245	188	14	goods	good	NOUN
esutjss-245	188	15	firms	firm	NOUN
esutjss-245	188	16	should	should	AUX
esutjss-245	188	17	not	not	PART
esutjss-245	188	18	consider	consider	VERB
esutjss-245	188	19	firm	firm	ADJ
esutjss-245	188	20	age	age	NOUN
esutjss-245	188	21	as	as	ADV
esutjss-245	188	22	important	important	ADJ
esutjss-245	188	23	since	since	SCONJ
esutjss-245	188	24	it	it	PRON
esutjss-245	188	25	had	have	VERB
esutjss-245	188	26	insignificant	insignificant	ADJ
esutjss-245	188	27	effect	effect	NOUN
esutjss-245	188	28	on	on	ADP
esutjss-245	188	29	eps	eps	PROPN
esutjss-245	188	30	.	.	PROPN
esutjss-245	188	31	secondly	secondly	ADV
esutjss-245	188	32	,	,	PUNCT
esutjss-245	188	33	since	since	SCONJ
esutjss-245	188	34	firms	firm	NOUN
esutjss-245	188	35	age	age	NOUN
esutjss-245	188	36	matter	matter	ADV
esutjss-245	188	37	when	when	SCONJ
esutjss-245	188	38	it	it	PRON
esutjss-245	188	39	as	as	ADP
esutjss-245	188	40	to	to	PART
esutjss-245	188	41	with	with	ADP
esutjss-245	188	42	increase	increase	NOUN
esutjss-245	188	43	in	in	ADP
esutjss-245	188	44	profitability	profitability	NOUN
esutjss-245	188	45	(	(	PUNCT
esutjss-245	188	46	return	return	VERB
esutjss-245	188	47	on	on	ADP
esutjss-245	188	48	assets	asset	NOUN
esutjss-245	188	49	)	)	PUNCT
esutjss-245	188	50	.	.	PUNCT
esutjss-245	189	1	sabiya	sabiya	PROPN
esutjss-245	189	2	and	and	CCONJ
esutjss-245	189	3	joel	joel	PROPN
esutjss-245	189	4	(	(	PUNCT
esutjss-245	189	5	2023)examined	2023)examine	VERB
esutjss-245	189	6	the	the	DET
esutjss-245	189	7	firm	firm	ADJ
esutjss-245	189	8	characteristics	characteristic	NOUN
esutjss-245	189	9	and	and	CCONJ
esutjss-245	189	10	financial	financial	ADJ
esutjss-245	189	11	performance	performance	NOUN
esutjss-245	189	12	of	of	ADP
esutjss-245	189	13	selected	select	VERB
esutjss-245	189	14	pension	pension	NOUN
esutjss-245	189	15	fund	fund	NOUN
esutjss-245	189	16	administrators	administrator	NOUN
esutjss-245	189	17	in	in	ADP
esutjss-245	189	18	nigeria	nigeria	PROPN
esutjss-245	189	19	.	.	PUNCT
esutjss-245	190	1	the	the	DET
esutjss-245	190	2	population	population	NOUN
esutjss-245	190	3	of	of	ADP
esutjss-245	190	4	the	the	DET
esutjss-245	190	5	study	study	NOUN
esutjss-245	190	6	consist	consist	VERB
esutjss-245	190	7	of	of	ADP
esutjss-245	190	8	all	all	DET
esutjss-245	190	9	the	the	DET
esutjss-245	190	10	pension	pension	NOUN
esutjss-245	190	11	574	574	NUM
esutjss-245	190	12	fund	fund	NOUN
esutjss-245	190	13	administrators	administrator	NOUN
esutjss-245	190	14	(	(	PUNCT
esutjss-245	190	15	pfas	pfas	PROPN
esutjss-245	190	16	)	)	PUNCT
esutjss-245	190	17	for	for	ADP
esutjss-245	190	18	the	the	DET
esutjss-245	190	19	period	period	NOUN
esutjss-245	190	20	of	of	ADP
esutjss-245	190	21	five	five	NUM
esutjss-245	190	22	years	year	NOUN
esutjss-245	190	23	2018	2018	NUM
esutjss-245	190	24	to	to	ADP
esutjss-245	190	25	2022	2022	NUM
esutjss-245	190	26	.	.	PUNCT
esutjss-245	191	1	the	the	DET
esutjss-245	191	2	sample	sample	NOUN
esutjss-245	191	3	consisted	consist	VERB
esutjss-245	191	4	of	of	ADP
esutjss-245	191	5	10	10	NUM
esutjss-245	191	6	selected	select	VERB
esutjss-245	191	7	post	post	NOUN
esutjss-245	191	8	recapitalisations	recapitalisation	NOUN
esutjss-245	191	9	of	of	ADP
esutjss-245	191	10	the	the	DET
esutjss-245	191	11	pencom	pencom	NOUN
esutjss-245	191	12	.	.	PUNCT
esutjss-245	192	1	a	a	DET
esutjss-245	192	2	purposive	purposive	ADJ
esutjss-245	192	3	sampling	sampling	NOUN
esutjss-245	192	4	was	be	AUX
esutjss-245	192	5	used	use	VERB
esutjss-245	192	6	in	in	ADP
esutjss-245	192	7	selecting	select	VERB
esutjss-245	192	8	the	the	DET
esutjss-245	192	9	sample	sample	NOUN
esutjss-245	192	10	size	size	NOUN
esutjss-245	192	11	of	of	ADP
esutjss-245	192	12	the	the	DET
esutjss-245	192	13	study	study	NOUN
esutjss-245	192	14	.	.	PUNCT
esutjss-245	193	1	the	the	DET
esutjss-245	193	2	study	study	NOUN
esutjss-245	193	3	used	use	VERB
esutjss-245	193	4	secondary	secondary	ADJ
esutjss-245	193	5	data	datum	NOUN
esutjss-245	193	6	extracted	extract	VERB
esutjss-245	193	7	from	from	ADP
esutjss-245	193	8	the	the	DET
esutjss-245	193	9	published	publish	VERB
esutjss-245	193	10	annual	annual	ADJ
esutjss-245	193	11	reports	report	NOUN
esutjss-245	193	12	and	and	CCONJ
esutjss-245	193	13	accounts	account	NOUN
esutjss-245	193	14	of	of	ADP
esutjss-245	193	15	sampled	sample	VERB
esutjss-245	193	16	pfas	pfas	NOUN
esutjss-245	193	17	.	.	PUNCT
esutjss-245	194	1	the	the	DET
esutjss-245	194	2	panel	panel	NOUN
esutjss-245	194	3	data	datum	NOUN
esutjss-245	194	4	generated	generate	VERB
esutjss-245	194	5	were	be	AUX
esutjss-245	194	6	analysed	analyse	VERB
esutjss-245	194	7	using	use	VERB
esutjss-245	194	8	descriptive	descriptive	ADJ
esutjss-245	194	9	,	,	PUNCT
esutjss-245	194	10	pearson	pearson	NOUN
esutjss-245	194	11	correlation	correlation	NOUN
esutjss-245	194	12	and	and	CCONJ
esutjss-245	194	13	multiple	multiple	ADJ
esutjss-245	194	14	regression	regression	NOUN
esutjss-245	194	15	model	model	NOUN
esutjss-245	194	16	with	with	ADP
esutjss-245	194	17	the	the	DET
esutjss-245	194	18	help	help	NOUN
esutjss-245	194	19	of	of	ADP
esutjss-245	194	20	stata	stata	ADJ
esutjss-245	194	21	version	version	NOUN
esutjss-245	194	22	13	13	NUM
esutjss-245	194	23	.	.	PUNCT
esutjss-245	195	1	the	the	DET
esutjss-245	195	2	model	model	NOUN
esutjss-245	195	3	proved	prove	VERB
esutjss-245	195	4	to	to	PART
esutjss-245	195	5	be	be	AUX
esutjss-245	195	6	statistically	statistically	ADV
esutjss-245	195	7	significant	significant	ADJ
esutjss-245	195	8	with	with	ADP
esutjss-245	195	9	a	a	DET
esutjss-245	195	10	combined	combine	VERB
esutjss-245	195	11	probability	probability	NOUN
esutjss-245	195	12	of	of	ADP
esutjss-245	195	13	f	f	PROPN
esutjss-245	195	14	-	-	PUNCT
esutjss-245	195	15	statistics	statistic	NOUN
esutjss-245	195	16	of	of	ADP
esutjss-245	195	17	0.0001	0.0001	NUM
esutjss-245	195	18	which	which	PRON
esutjss-245	195	19	is	be	AUX
esutjss-245	195	20	below	below	ADP
esutjss-245	195	21	the	the	DET
esutjss-245	195	22	adopted	adopt	VERB
esutjss-245	195	23	level	level	NOUN
esutjss-245	195	24	of	of	ADP
esutjss-245	195	25	significance	significance	NOUN
esutjss-245	195	26	of	of	ADP
esutjss-245	195	27	5	5	NUM
esutjss-245	195	28	%	%	NOUN
esutjss-245	195	29	.	.	PUNCT
esutjss-245	196	1	the	the	DET
esutjss-245	196	2	result	result	NOUN
esutjss-245	196	3	shows	show	VERB
esutjss-245	196	4	that	that	SCONJ
esutjss-245	196	5	the	the	DET
esutjss-245	196	6	firm	firm	ADJ
esutjss-245	196	7	age	age	NOUN
esutjss-245	196	8	with	with	ADP
esutjss-245	196	9	a	a	DET
esutjss-245	196	10	p	p	NOUN
esutjss-245	196	11	-	-	PUNCT
esutjss-245	196	12	value	value	NOUN
esutjss-245	196	13	of	of	ADP
esutjss-245	196	14	0.000	0.000	NUM
esutjss-245	196	15	has	have	VERB
esutjss-245	196	16	a	a	DET
esutjss-245	196	17	significant	significant	ADJ
esutjss-245	196	18	positive	positive	ADJ
esutjss-245	196	19	effect	effect	NOUN
esutjss-245	196	20	on	on	ADP
esutjss-245	196	21	financial	financial	ADJ
esutjss-245	196	22	performance	performance	NOUN
esutjss-245	196	23	which	which	PRON
esutjss-245	196	24	is	be	AUX
esutjss-245	196	25	measured	measure	VERB
esutjss-245	196	26	by	by	ADP
esutjss-245	196	27	unit	unit	NOUN
esutjss-245	196	28	price	price	NOUN
esutjss-245	196	29	.	.	PUNCT
esutjss-245	197	1	the	the	DET
esutjss-245	197	2	study	study	NOUN
esutjss-245	197	3	revealed	reveal	VERB
esutjss-245	197	4	that	that	SCONJ
esutjss-245	197	5	density	density	NOUN
esutjss-245	197	6	of	of	ADP
esutjss-245	197	7	contributions	contribution	NOUN
esutjss-245	197	8	,	,	PUNCT
esutjss-245	197	9	liquidity	liquidity	NOUN
esutjss-245	197	10	,	,	PUNCT
esutjss-245	197	11	firm	firm	ADJ
esutjss-245	197	12	age	age	NOUN
esutjss-245	197	13	,	,	PUNCT
esutjss-245	197	14	board	board	NOUN
esutjss-245	197	15	size	size	NOUN
esutjss-245	197	16	,	,	PUNCT
esutjss-245	197	17	and	and	CCONJ
esutjss-245	197	18	expenditure	expenditure	NOUN
esutjss-245	197	19	of	of	ADP
esutjss-245	197	20	the	the	DET
esutjss-245	197	21	fund	fund	NOUN
esutjss-245	197	22	are	be	AUX
esutjss-245	197	23	jointly	jointly	ADV
esutjss-245	197	24	responsible	responsible	ADJ
esutjss-245	197	25	for	for	ADP
esutjss-245	197	26	about	about	ADV
esutjss-245	197	27	97	97	NUM
esutjss-245	197	28	%	%	NOUN
esutjss-245	197	29	of	of	ADP
esutjss-245	197	30	the	the	DET
esutjss-245	197	31	changes	change	NOUN
esutjss-245	197	32	in	in	ADP
esutjss-245	197	33	financial	financial	ADJ
esutjss-245	197	34	performance	performance	NOUN
esutjss-245	197	35	indicated	indicate	VERB
esutjss-245	197	36	by	by	ADP
esutjss-245	197	37	the	the	DET
esutjss-245	197	38	adjusted	adjust	VERB
esutjss-245	197	39	rsquared	rsquared	ADJ
esutjss-245	197	40	figure	figure	NOUN
esutjss-245	197	41	of	of	ADP
esutjss-245	197	42	0.970853	0.970853	NUM
esutjss-245	197	43	.	.	PUNCT
esutjss-245	198	1	thus	thus	ADV
esutjss-245	198	2	,	,	PUNCT
esutjss-245	198	3	the	the	DET
esutjss-245	198	4	study	study	NOUN
esutjss-245	198	5	concluded	conclude	VERB
esutjss-245	198	6	that	that	SCONJ
esutjss-245	198	7	firm	firm	ADJ
esutjss-245	198	8	characteristics	characteristic	NOUN
esutjss-245	198	9	has	have	VERB
esutjss-245	198	10	a	a	DET
esutjss-245	198	11	significant	significant	ADJ
esutjss-245	198	12	effect	effect	NOUN
esutjss-245	198	13	on	on	ADP
esutjss-245	198	14	financial	financial	ADJ
esutjss-245	198	15	performance	performance	NOUN
esutjss-245	198	16	of	of	ADP
esutjss-245	198	17	pfas	pfas	NOUN
esutjss-245	198	18	.	.	PUNCT
esutjss-245	199	1	handoyo	handoyo	PROPN
esutjss-245	199	2	,	,	PUNCT
esutjss-245	199	3	mulyani	mulyani	NOUN
esutjss-245	199	4	,	,	PUNCT
esutjss-245	199	5	ghani	ghani	PROPN
esutjss-245	199	6	and	and	CCONJ
esutjss-245	199	7	soedarsono	soedarsono	PROPN
esutjss-245	199	8	(	(	PUNCT
esutjss-245	199	9	2023	2023	NUM
esutjss-245	199	10	)	)	PUNCT
esutjss-245	199	11	examined	examine	VERB
esutjss-245	199	12	the	the	DET
esutjss-245	199	13	influence	influence	NOUN
esutjss-245	199	14	of	of	ADP
esutjss-245	199	15	firm	firm	ADJ
esutjss-245	199	16	characteristics	characteristic	NOUN
esutjss-245	199	17	(	(	PUNCT
esutjss-245	199	18	size	size	NOUN
esutjss-245	199	19	,	,	PUNCT
esutjss-245	199	20	age	age	NOUN
esutjss-245	199	21	,	,	PUNCT
esutjss-245	199	22	industry	industry	NOUN
esutjss-245	199	23	type	type	NOUN
esutjss-245	199	24	,	,	PUNCT
esutjss-245	199	25	and	and	CCONJ
esutjss-245	199	26	ownership	ownership	NOUN
esutjss-245	199	27	)	)	PUNCT
esutjss-245	199	28	on	on	ADP
esutjss-245	199	29	a	a	DET
esutjss-245	199	30	firm	firm	NOUN
esutjss-245	199	31	’s	’s	PART
esutjss-245	199	32	performance	performance	NOUN
esutjss-245	199	33	in	in	ADP
esutjss-245	199	34	indonesia	indonesia	PROPN
esutjss-245	199	35	.	.	PUNCT
esutjss-245	200	1	the	the	DET
esutjss-245	200	2	study	study	NOUN
esutjss-245	200	3	used	use	VERB
esutjss-245	200	4	1024	1024	NUM
esutjss-245	200	5	data	datum	NOUN
esutjss-245	200	6	sets	set	NOUN
esutjss-245	200	7	of	of	ADP
esutjss-245	200	8	128	128	NUM
esutjss-245	200	9	manufacturing	manufacturing	NOUN
esutjss-245	200	10	firms	firm	NOUN
esutjss-245	200	11	listed	list	VERB
esutjss-245	200	12	on	on	ADP
esutjss-245	200	13	the	the	DET
esutjss-245	200	14	indonesia	indonesia	PROPN
esutjss-245	200	15	stock	stock	PROPN
esutjss-245	200	16	exchange	exchange	PROPN
esutjss-245	200	17	from	from	ADP
esutjss-245	200	18	2014	2014	NUM
esutjss-245	200	19	to	to	ADP
esutjss-245	200	20	2021	2021	NUM
esutjss-245	200	21	.	.	PUNCT
esutjss-245	201	1	data	datum	NOUN
esutjss-245	201	2	panel	panel	NOUN
esutjss-245	201	3	regression	regression	NOUN
esutjss-245	201	4	and	and	CCONJ
esutjss-245	201	5	independent	independent	ADJ
esutjss-245	201	6	t	t	NOUN
esutjss-245	201	7	-	-	PUNCT
esutjss-245	201	8	tests	test	NOUN
esutjss-245	201	9	were	be	AUX
esutjss-245	201	10	employed	employ	VERB
esutjss-245	201	11	for	for	ADP
esutjss-245	201	12	statistical	statistical	ADJ
esutjss-245	201	13	analysis	analysis	NOUN
esutjss-245	201	14	.	.	PUNCT
esutjss-245	202	1	adopting	adopt	VERB
esutjss-245	202	2	miles	mile	NOUN
esutjss-245	202	3	and	and	CCONJ
esutjss-245	202	4	snow	snow	NOUN
esutjss-245	202	5	’s	’s	PART
esutjss-245	202	6	strategy	strategy	NOUN
esutjss-245	202	7	typology	typology	NOUN
esutjss-245	202	8	framework	framework	NOUN
esutjss-245	202	9	,	,	PUNCT
esutjss-245	202	10	the	the	DET
esutjss-245	202	11	findings	finding	NOUN
esutjss-245	202	12	indicated	indicate	VERB
esutjss-245	202	13	that	that	SCONJ
esutjss-245	202	14	the	the	DET
esutjss-245	202	15	firm	firm	ADJ
esutjss-245	202	16	size	size	NOUN
esutjss-245	202	17	,	,	PUNCT
esutjss-245	202	18	industry	industry	NOUN
esutjss-245	202	19	type	type	NOUN
esutjss-245	202	20	,	,	PUNCT
esutjss-245	202	21	and	and	CCONJ
esutjss-245	202	22	competition	competition	NOUN
esutjss-245	202	23	intensity	intensity	NOUN
esutjss-245	202	24	significantly	significantly	ADV
esutjss-245	202	25	influence	influence	VERB
esutjss-245	202	26	the	the	DET
esutjss-245	202	27	firm	firm	NOUN
esutjss-245	202	28	’s	’s	PART
esutjss-245	202	29	performance	performance	NOUN
esutjss-245	202	30	.	.	PUNCT
esutjss-245	203	1	fadhilah	fadhilah	PROPN
esutjss-245	203	2	,	,	PUNCT
esutjss-245	203	3	kurniati	kurniati	PROPN
esutjss-245	203	4	and	and	CCONJ
esutjss-245	203	5	suherman	suherman	PROPN
esutjss-245	203	6	(	(	PUNCT
esutjss-245	203	7	2022	2022	NUM
esutjss-245	203	8	)	)	PUNCT
esutjss-245	203	9	determined	determine	VERB
esutjss-245	203	10	the	the	DET
esutjss-245	203	11	effect	effect	NOUN
esutjss-245	203	12	of	of	ADP
esutjss-245	203	13	profitability	profitability	NOUN
esutjss-245	203	14	,	,	PUNCT
esutjss-245	203	15	capital	capital	NOUN
esutjss-245	203	16	structure	structure	NOUN
esutjss-245	203	17	,	,	PUNCT
esutjss-245	203	18	liquidity	liquidity	NOUN
esutjss-245	203	19	,	,	PUNCT
esutjss-245	203	20	and	and	CCONJ
esutjss-245	203	21	firm	firm	ADJ
esutjss-245	203	22	size	size	NOUN
esutjss-245	203	23	on	on	ADP
esutjss-245	203	24	firm	firm	ADJ
esutjss-245	203	25	value	value	NOUN
esutjss-245	203	26	among	among	ADP
esutjss-245	203	27	firms	firm	NOUN
esutjss-245	203	28	in	in	ADP
esutjss-245	203	29	indonesia	indonesia	PROPN
esutjss-245	203	30	.	.	PUNCT
esutjss-245	204	1	the	the	DET
esutjss-245	204	2	data	datum	NOUN
esutjss-245	204	3	used	use	VERB
esutjss-245	204	4	in	in	ADP
esutjss-245	204	5	this	this	DET
esutjss-245	204	6	study	study	NOUN
esutjss-245	204	7	was	be	AUX
esutjss-245	204	8	secondary	secondary	ADJ
esutjss-245	204	9	data	datum	NOUN
esutjss-245	204	10	obtained	obtain	VERB
esutjss-245	204	11	from	from	ADP
esutjss-245	204	12	manufacturing	manufacture	VERB
esutjss-245	204	13	companies	company	NOUN
esutjss-245	204	14	located	locate	VERB
esutjss-245	204	15	in	in	ADP
esutjss-245	204	16	the	the	DET
esutjss-245	204	17	indonesia	indonesia	PROPN
esutjss-245	204	18	stock	stock	PROPN
esutjss-245	204	19	exchange	exchange	PROPN
esutjss-245	204	20	from	from	ADP
esutjss-245	204	21	2016	2016	NUM
esutjss-245	204	22	to	to	ADP
esutjss-245	204	23	2019	2019	NUM
esutjss-245	204	24	.	.	PUNCT
esutjss-245	205	1	the	the	DET
esutjss-245	205	2	data	data	NOUN
esutjss-245	205	3	collection	collection	NOUN
esutjss-245	205	4	method	method	NOUN
esutjss-245	205	5	used	use	VERB
esutjss-245	205	6	is	be	AUX
esutjss-245	205	7	the	the	DET
esutjss-245	205	8	purposive	purposive	ADJ
esutjss-245	205	9	sampling	sampling	NOUN
esutjss-245	205	10	method	method	NOUN
esutjss-245	205	11	,	,	PUNCT
esutjss-245	205	12	which	which	PRON
esutjss-245	205	13	resulted	result	VERB
esutjss-245	205	14	in	in	ADP
esutjss-245	205	15	50	50	NUM
esutjss-245	205	16	companies	company	NOUN
esutjss-245	205	17	during	during	ADP
esutjss-245	205	18	four	four	NUM
esutjss-245	205	19	years	year	NOUN
esutjss-245	205	20	of	of	ADP
esutjss-245	205	21	observation	observation	NOUN
esutjss-245	205	22	.	.	PUNCT
esutjss-245	206	1	the	the	DET
esutjss-245	206	2	analysis	analysis	NOUN
esutjss-245	206	3	technique	technique	NOUN
esutjss-245	206	4	used	use	VERB
esutjss-245	206	5	in	in	ADP
esutjss-245	206	6	this	this	DET
esutjss-245	206	7	research	research	NOUN
esutjss-245	206	8	is	be	AUX
esutjss-245	206	9	data	datum	NOUN
esutjss-245	206	10	panel	panel	NOUN
esutjss-245	206	11	regression	regression	NOUN
esutjss-245	206	12	.	.	PUNCT
esutjss-245	207	1	the	the	DET
esutjss-245	207	2	results	result	NOUN
esutjss-245	207	3	of	of	ADP
esutjss-245	207	4	the	the	DET
esutjss-245	207	5	research	research	NOUN
esutjss-245	207	6	show	show	VERB
esutjss-245	207	7	that	that	SCONJ
esutjss-245	207	8	profitability	profitability	NOUN
esutjss-245	207	9	has	have	VERB
esutjss-245	207	10	a	a	DET
esutjss-245	207	11	positive	positive	ADJ
esutjss-245	207	12	and	and	CCONJ
esutjss-245	207	13	significant	significant	ADJ
esutjss-245	207	14	effect	effect	NOUN
esutjss-245	207	15	on	on	ADP
esutjss-245	207	16	firm	firm	ADJ
esutjss-245	207	17	value	value	NOUN
esutjss-245	207	18	,	,	PUNCT
esutjss-245	207	19	while	while	SCONJ
esutjss-245	207	20	capital	capital	NOUN
esutjss-245	207	21	structure	structure	NOUN
esutjss-245	207	22	,	,	PUNCT
esutjss-245	207	23	liquidity	liquidity	NOUN
esutjss-245	207	24	,	,	PUNCT
esutjss-245	207	25	and	and	CCONJ
esutjss-245	207	26	firm	firm	ADJ
esutjss-245	207	27	size	size	NOUN
esutjss-245	207	28	have	have	VERB
esutjss-245	207	29	no	no	DET
esutjss-245	207	30	significant	significant	ADJ
esutjss-245	207	31	effect	effect	NOUN
esutjss-245	207	32	on	on	ADP
esutjss-245	207	33	firm	firm	ADJ
esutjss-245	207	34	value	value	NOUN
esutjss-245	207	35	.	.	PUNCT
esutjss-245	208	1	mwendwa	mwendwa	NOUN
esutjss-245	208	2	(	(	PUNCT
esutjss-245	208	3	2022	2022	NUM
esutjss-245	208	4	)	)	PUNCT
esutjss-245	208	5	examined	examine	VERB
esutjss-245	208	6	the	the	DET
esutjss-245	208	7	effect	effect	NOUN
esutjss-245	208	8	of	of	ADP
esutjss-245	208	9	firm	firm	ADJ
esutjss-245	208	10	attributes	attribute	NOUN
esutjss-245	208	11	on	on	ADP
esutjss-245	208	12	manufacturing	manufacturing	NOUN
esutjss-245	208	13	and	and	CCONJ
esutjss-245	208	14	allied	ally	VERB
esutjss-245	208	15	as	as	ADV
esutjss-245	208	16	well	well	ADV
esutjss-245	208	17	as	as	ADP
esutjss-245	208	18	construction	construction	NOUN
esutjss-245	208	19	companies	company	NOUN
esutjss-245	208	20	listed	list	VERB
esutjss-245	208	21	on	on	ADP
esutjss-245	208	22	nairobi	nairobi	PROPN
esutjss-245	208	23	securities	securities	PROPN
esutjss-245	208	24	exchange	exchange	PROPN
esutjss-245	208	25	financial	financial	ADJ
esutjss-245	208	26	performance	performance	NOUN
esutjss-245	208	27	.	.	PUNCT
esutjss-245	209	1	a	a	DET
esutjss-245	209	2	descriptive	descriptive	ADJ
esutjss-245	209	3	research	research	NOUN
esutjss-245	209	4	design	design	NOUN
esutjss-245	209	5	was	be	AUX
esutjss-245	209	6	used	use	VERB
esutjss-245	209	7	in	in	ADP
esutjss-245	209	8	this	this	DET
esutjss-245	209	9	research	research	NOUN
esutjss-245	209	10	in	in	ADP
esutjss-245	209	11	describing	describe	VERB
esutjss-245	209	12	the	the	DET
esutjss-245	209	13	characteristics	characteristic	NOUN
esutjss-245	209	14	of	of	ADP
esutjss-245	209	15	the	the	DET
esutjss-245	209	16	phenomenon	phenomenon	NOUN
esutjss-245	209	17	being	be	AUX
esutjss-245	209	18	studied	study	VERB
esutjss-245	209	19	.	.	PUNCT
esutjss-245	210	1	the	the	DET
esutjss-245	210	2	study	study	NOUN
esutjss-245	210	3	's	's	PART
esutjss-245	210	4	target	target	NOUN
esutjss-245	210	5	population	population	NOUN
esutjss-245	210	6	was	be	AUX
esutjss-245	210	7	nine	nine	NUM
esutjss-245	210	8	manufacturing	manufacturing	NOUN
esutjss-245	210	9	as	as	ADV
esutjss-245	210	10	well	well	ADV
esutjss-245	210	11	as	as	ADP
esutjss-245	210	12	five	five	NUM
esutjss-245	210	13	construction	construction	NOUN
esutjss-245	210	14	and	and	CCONJ
esutjss-245	210	15	allied	ally	VERB
esutjss-245	210	16	nselisted	nseliste	VERB
esutjss-245	210	17	firms	firm	NOUN
esutjss-245	210	18	.	.	PUNCT
esutjss-245	211	1	data	datum	NOUN
esutjss-245	211	2	on	on	ADP
esutjss-245	211	3	the	the	DET
esutjss-245	211	4	financial	financial	ADJ
esutjss-245	211	5	statements	statement	NOUN
esutjss-245	211	6	were	be	AUX
esutjss-245	211	7	obtained	obtain	VERB
esutjss-245	211	8	from	from	ADP
esutjss-245	211	9	the	the	DET
esutjss-245	211	10	various	various	ADJ
esutjss-245	211	11	company	company	NOUN
esutjss-245	211	12	websites	website	NOUN
esutjss-245	211	13	and	and	CCONJ
esutjss-245	211	14	the	the	DET
esutjss-245	211	15	nse	nse	NOUN
esutjss-245	211	16	website	website	NOUN
esutjss-245	211	17	.	.	PUNCT
esutjss-245	212	1	diagnostic	diagnostic	ADJ
esutjss-245	212	2	testing	testing	NOUN
esutjss-245	212	3	preceded	precede	VERB
esutjss-245	212	4	data	datum	NOUN
esutjss-245	212	5	analysis	analysis	NOUN
esutjss-245	212	6	for	for	ADP
esutjss-245	212	7	data	data	NOUN
esutjss-245	212	8	reliability	reliability	NOUN
esutjss-245	212	9	and	and	CCONJ
esutjss-245	212	10	validity	validity	NOUN
esutjss-245	212	11	determination	determination	NOUN
esutjss-245	212	12	,	,	PUNCT
esutjss-245	212	13	which	which	PRON
esutjss-245	212	14	included	include	VERB
esutjss-245	212	15	;	;	PUNCT
esutjss-245	212	16	bivariate	bivariate	ADJ
esutjss-245	212	17	correlation	correlation	NOUN
esutjss-245	212	18	analysis	analysis	NOUN
esutjss-245	212	19	,	,	PUNCT
esutjss-245	212	20	multicollinearity	multicollinearity	NOUN
esutjss-245	212	21	tests	test	NOUN
esutjss-245	212	22	,	,	PUNCT
esutjss-245	212	23	normality	normality	NOUN
esutjss-245	212	24	tests	test	NOUN
esutjss-245	212	25	,	,	PUNCT
esutjss-245	212	26	unit	unit	NOUN
esutjss-245	212	27	root	root	NOUN
esutjss-245	212	28	tests	test	NOUN
esutjss-245	212	29	,	,	PUNCT
esutjss-245	212	30	heteroskedasticity	heteroskedasticity	NOUN
esutjss-245	212	31	tests	test	NOUN
esutjss-245	212	32	,	,	PUNCT
esutjss-245	212	33	autocorrelation	autocorrelation	NOUN
esutjss-245	212	34	test	test	NOUN
esutjss-245	212	35	and	and	CCONJ
esutjss-245	212	36	haussmann	haussmann	ADJ
esutjss-245	212	37	specification	specification	NOUN
esutjss-245	212	38	tests	test	NOUN
esutjss-245	212	39	.	.	PUNCT
esutjss-245	213	1	results	result	NOUN
esutjss-245	213	2	from	from	ADP
esutjss-245	213	3	the	the	DET
esutjss-245	213	4	data	datum	NOUN
esutjss-245	213	5	analysis	analysis	NOUN
esutjss-245	213	6	indicated	indicate	VERB
esutjss-245	213	7	that	that	SCONJ
esutjss-245	213	8	leverage	leverage	NOUN
esutjss-245	213	9	ratio	ratio	NOUN
esutjss-245	213	10	had	have	VERB
esutjss-245	213	11	a	a	DET
esutjss-245	213	12	significant	significant	ADJ
esutjss-245	213	13	negative	negative	ADJ
esutjss-245	213	14	correlation	correlation	NOUN
esutjss-245	213	15	with	with	ADP
esutjss-245	213	16	the	the	DET
esutjss-245	213	17	financial	financial	ADJ
esutjss-245	213	18	performance	performance	NOUN
esutjss-245	213	19	of	of	ADP
esutjss-245	213	20	manufacturing	manufacturing	NOUN
esutjss-245	213	21	and	and	CCONJ
esutjss-245	213	22	allied	allied	ADJ
esutjss-245	213	23	firms	firm	NOUN
esutjss-245	213	24	;	;	PUNCT
esutjss-245	213	25	liquidity	liquidity	NOUN
esutjss-245	213	26	had	have	VERB
esutjss-245	213	27	an	an	DET
esutjss-245	213	28	insignificant	insignificant	ADJ
esutjss-245	213	29	negative	negative	ADJ
esutjss-245	213	30	correlation	correlation	NOUN
esutjss-245	213	31	with	with	ADP
esutjss-245	213	32	the	the	DET
esutjss-245	213	33	manufacturing	manufacturing	NOUN
esutjss-245	213	34	and	and	CCONJ
esutjss-245	213	35	allied	allied	ADJ
esutjss-245	213	36	firms	firm	NOUN
esutjss-245	213	37	'	'	PART
esutjss-245	213	38	performance	performance	NOUN
esutjss-245	213	39	,	,	PUNCT
esutjss-245	213	40	while	while	SCONJ
esutjss-245	213	41	for	for	ADP
esutjss-245	213	42	the	the	DET
esutjss-245	213	43	construction	construction	NOUN
esutjss-245	213	44	and	and	CCONJ
esutjss-245	213	45	allied	allied	ADJ
esutjss-245	213	46	firms	firm	NOUN
esutjss-245	213	47	,	,	PUNCT
esutjss-245	213	48	financial	financial	ADJ
esutjss-245	213	49	performance	performance	NOUN
esutjss-245	213	50	correlation	correlation	NOUN
esutjss-245	213	51	with	with	ADP
esutjss-245	213	52	liquidity	liquidity	NOUN
esutjss-245	213	53	was	be	AUX
esutjss-245	213	54	positive	positive	ADJ
esutjss-245	213	55	and	and	CCONJ
esutjss-245	213	56	significant	significant	ADJ
esutjss-245	213	57	.	.	PUNCT
esutjss-245	214	1	bencharles	bencharle	NOUN
esutjss-245	214	2	and	and	CCONJ
esutjss-245	214	3	osifo	osifo	ADJ
esutjss-245	214	4	(	(	PUNCT
esutjss-245	214	5	2022	2022	NUM
esutjss-245	214	6	)	)	PUNCT
esutjss-245	214	7	investigated	investigate	VERB
esutjss-245	214	8	the	the	DET
esutjss-245	214	9	effect	effect	NOUN
esutjss-245	214	10	of	of	ADP
esutjss-245	214	11	leverage	leverage	NOUN
esutjss-245	214	12	ratio	ratio	NOUN
esutjss-245	214	13	and	and	CCONJ
esutjss-245	214	14	equity	equity	NOUN
esutjss-245	214	15	ratio	ratio	NOUN
esutjss-245	214	16	on	on	ADP
esutjss-245	214	17	firm	firm	ADJ
esutjss-245	214	18	value	value	NOUN
esutjss-245	214	19	of	of	ADP
esutjss-245	214	20	listed	list	VERB
esutjss-245	214	21	oil	oil	NOUN
esutjss-245	214	22	/	/	SYM
esutjss-245	214	23	gas	gas	NOUN
esutjss-245	214	24	firms	firm	NOUN
esutjss-245	214	25	and	and	CCONJ
esutjss-245	214	26	banking	banking	NOUN
esutjss-245	214	27	firms	firm	NOUN
esutjss-245	214	28	in	in	ADP
esutjss-245	214	29	the	the	DET
esutjss-245	214	30	nigeria	nigeria	PROPN
esutjss-245	214	31	exchange	exchange	PROPN
esutjss-245	214	32	limited	limit	VERB
esutjss-245	214	33	.	.	PUNCT
esutjss-245	215	1	panel	panel	NOUN
esutjss-245	215	2	data	datum	NOUN
esutjss-245	215	3	spanning	span	VERB
esutjss-245	215	4	21yrs	21yr	NOUN
esutjss-245	215	5	(	(	PUNCT
esutjss-245	215	6	2000	2000	NUM
esutjss-245	215	7	-	-	SYM
esutjss-245	215	8	2020	2020	NUM
esutjss-245	215	9	)	)	PUNCT
esutjss-245	215	10	was	be	AUX
esutjss-245	215	11	subjected	subject	VERB
esutjss-245	215	12	to	to	ADP
esutjss-245	215	13	empirical	empirical	ADJ
esutjss-245	215	14	analysis	analysis	NOUN
esutjss-245	215	15	.	.	PUNCT
esutjss-245	216	1	market	market	NOUN
esutjss-245	216	2	based	base	VERB
esutjss-245	216	3	measure	measure	NOUN
esutjss-245	216	4	was	be	AUX
esutjss-245	216	5	used	use	VERB
esutjss-245	216	6	to	to	PART
esutjss-245	216	7	measure	measure	VERB
esutjss-245	216	8	firm	firm	ADJ
esutjss-245	216	9	value	value	NOUN
esutjss-245	216	10	(	(	PUNCT
esutjss-245	216	11	tobin	tobin	PROPN
esutjss-245	216	12	’s	’s	PART
esutjss-245	216	13	q	q	NOUN
esutjss-245	216	14	)	)	PUNCT
esutjss-245	216	15	.	.	PUNCT
esutjss-245	217	1	the	the	DET
esutjss-245	217	2	panel	panel	NOUN
esutjss-245	217	3	least	least	ADJ
esutjss-245	217	4	square	square	ADJ
esutjss-245	217	5	was	be	AUX
esutjss-245	217	6	used	use	VERB
esutjss-245	217	7	for	for	ADP
esutjss-245	217	8	data	datum	NOUN
esutjss-245	217	9	analysis	analysis	NOUN
esutjss-245	217	10	along	along	ADP
esutjss-245	217	11	with	with	ADP
esutjss-245	217	12	other	other	ADJ
esutjss-245	217	13	preliminary	preliminary	ADJ
esutjss-245	217	14	tests	test	NOUN
esutjss-245	217	15	.	.	PUNCT
esutjss-245	218	1	findings	finding	NOUN
esutjss-245	218	2	showed	show	VERB
esutjss-245	218	3	that	that	SCONJ
esutjss-245	218	4	leverage	leverage	NOUN
esutjss-245	218	5	and	and	CCONJ
esutjss-245	218	6	equity	equity	NOUN
esutjss-245	218	7	had	have	VERB
esutjss-245	218	8	a	a	DET
esutjss-245	218	9	significant	significant	ADJ
esutjss-245	218	10	positive	positive	ADJ
esutjss-245	218	11	relationship	relationship	NOUN
esutjss-245	218	12	with	with	ADP
esutjss-245	218	13	firm	firm	NOUN
esutjss-245	218	14	’s	’s	PART
esutjss-245	218	15	value	value	NOUN
esutjss-245	218	16	.	.	PUNCT
esutjss-245	219	1	575	575	NUM
esutjss-245	219	2	akhalumeh	akhalumeh	NOUN
esutjss-245	219	3	,	,	PUNCT
esutjss-245	219	4	izevbekhai	izevbekhai	NOUN
esutjss-245	219	5	,	,	PUNCT
esutjss-245	219	6	and	and	CCONJ
esutjss-245	219	7	ohenhen	ohenhen	NOUN
esutjss-245	219	8	(	(	PUNCT
esutjss-245	219	9	2022	2022	NUM
esutjss-245	219	10	)	)	PUNCT
esutjss-245	219	11	investigates	investigate	VERB
esutjss-245	219	12	the	the	DET
esutjss-245	219	13	effective	effective	ADJ
esutjss-245	219	14	factors	factor	NOUN
esutjss-245	219	15	in	in	ADP
esutjss-245	219	16	firm	firm	ADJ
esutjss-245	219	17	growth	growth	NOUN
esutjss-245	219	18	in	in	ADP
esutjss-245	219	19	nigeria	nigeria	PROPN
esutjss-245	219	20	,	,	PUNCT
esutjss-245	219	21	using	use	VERB
esutjss-245	219	22	a	a	DET
esutjss-245	219	23	sample	sample	NOUN
esutjss-245	219	24	of	of	ADP
esutjss-245	219	25	91	91	NUM
esutjss-245	219	26	non	non	ADJ
esutjss-245	219	27	-	-	ADJ
esutjss-245	219	28	financial	financial	ADJ
esutjss-245	219	29	firms	firm	NOUN
esutjss-245	219	30	listed	list	VERB
esutjss-245	219	31	on	on	ADP
esutjss-245	219	32	the	the	DET
esutjss-245	219	33	nigeria	nigeria	PROPN
esutjss-245	219	34	stock	stock	PROPN
esutjss-245	219	35	exchange	exchange	PROPN
esutjss-245	219	36	.	.	PUNCT
esutjss-245	220	1	the	the	DET
esutjss-245	220	2	study	study	NOUN
esutjss-245	220	3	employs	employ	VERB
esutjss-245	220	4	the	the	DET
esutjss-245	220	5	ordinary	ordinary	ADJ
esutjss-245	220	6	least	least	ADJ
esutjss-245	220	7	squares	square	NOUN
esutjss-245	220	8	method	method	VERB
esutjss-245	220	9	to	to	PART
esutjss-245	220	10	estimate	estimate	VERB
esutjss-245	220	11	the	the	DET
esutjss-245	220	12	parameters	parameter	NOUN
esutjss-245	220	13	of	of	ADP
esutjss-245	220	14	the	the	DET
esutjss-245	220	15	model	model	NOUN
esutjss-245	220	16	and	and	CCONJ
esutjss-245	220	17	used	use	VERB
esutjss-245	220	18	data	datum	NOUN
esutjss-245	220	19	from	from	ADP
esutjss-245	220	20	audited	audit	VERB
esutjss-245	220	21	financial	financial	ADJ
esutjss-245	220	22	statements	statement	NOUN
esutjss-245	220	23	of	of	ADP
esutjss-245	220	24	the	the	DET
esutjss-245	220	25	selected	select	VERB
esutjss-245	220	26	firms	firm	NOUN
esutjss-245	220	27	.	.	PUNCT
esutjss-245	221	1	the	the	DET
esutjss-245	221	2	variables	variable	NOUN
esutjss-245	221	3	examined	examine	VERB
esutjss-245	221	4	in	in	ADP
esutjss-245	221	5	the	the	DET
esutjss-245	221	6	study	study	NOUN
esutjss-245	221	7	include	include	VERB
esutjss-245	221	8	firm	firm	ADJ
esutjss-245	221	9	age	age	NOUN
esutjss-245	221	10	,	,	PUNCT
esutjss-245	221	11	firm	firm	ADJ
esutjss-245	221	12	size	size	NOUN
esutjss-245	221	13	,	,	PUNCT
esutjss-245	221	14	innovativeness	innovativeness	NOUN
esutjss-245	221	15	,	,	PUNCT
esutjss-245	221	16	management	management	NOUN
esutjss-245	221	17	efficiency	efficiency	NOUN
esutjss-245	221	18	,	,	PUNCT
esutjss-245	221	19	capital	capital	NOUN
esutjss-245	221	20	intensity	intensity	NOUN
esutjss-245	221	21	,	,	PUNCT
esutjss-245	221	22	profitability	profitability	NOUN
esutjss-245	221	23	,	,	PUNCT
esutjss-245	221	24	institutional	institutional	ADJ
esutjss-245	221	25	ownership	ownership	NOUN
esutjss-245	221	26	,	,	PUNCT
esutjss-245	221	27	and	and	CCONJ
esutjss-245	221	28	international	international	ADJ
esutjss-245	221	29	affiliation	affiliation	NOUN
esutjss-245	221	30	.	.	PUNCT
esutjss-245	222	1	the	the	DET
esutjss-245	222	2	findings	finding	NOUN
esutjss-245	222	3	of	of	ADP
esutjss-245	222	4	the	the	DET
esutjss-245	222	5	study	study	NOUN
esutjss-245	222	6	suggest	suggest	VERB
esutjss-245	222	7	that	that	SCONJ
esutjss-245	222	8	firm	firm	ADJ
esutjss-245	222	9	innovativeness	innovativeness	NOUN
esutjss-245	222	10	and	and	CCONJ
esutjss-245	222	11	management	management	NOUN
esutjss-245	222	12	efficiency	efficiency	NOUN
esutjss-245	222	13	have	have	VERB
esutjss-245	222	14	a	a	DET
esutjss-245	222	15	positive	positive	ADJ
esutjss-245	222	16	and	and	CCONJ
esutjss-245	222	17	significant	significant	ADJ
esutjss-245	222	18	causal	causal	ADJ
esutjss-245	222	19	relationship	relationship	NOUN
esutjss-245	222	20	with	with	ADP
esutjss-245	222	21	firm	firm	ADJ
esutjss-245	222	22	growth	growth	NOUN
esutjss-245	222	23	.	.	PUNCT
esutjss-245	223	1	in	in	ADP
esutjss-245	223	2	contrast	contrast	NOUN
esutjss-245	223	3	,	,	PUNCT
esutjss-245	223	4	firm	firm	ADJ
esutjss-245	223	5	age	age	NOUN
esutjss-245	223	6	and	and	CCONJ
esutjss-245	223	7	capital	capital	NOUN
esutjss-245	223	8	intensity	intensity	NOUN
esutjss-245	223	9	have	have	VERB
esutjss-245	223	10	a	a	DET
esutjss-245	223	11	negative	negative	ADJ
esutjss-245	223	12	but	but	CCONJ
esutjss-245	223	13	insignificant	insignificant	ADJ
esutjss-245	223	14	effect	effect	NOUN
esutjss-245	223	15	on	on	ADP
esutjss-245	223	16	firm	firm	ADJ
esutjss-245	223	17	growth	growth	NOUN
esutjss-245	223	18	.	.	PUNCT
esutjss-245	224	1	the	the	DET
esutjss-245	224	2	study	study	NOUN
esutjss-245	224	3	also	also	ADV
esutjss-245	224	4	finds	find	VERB
esutjss-245	224	5	that	that	SCONJ
esutjss-245	224	6	leverage	leverage	NOUN
esutjss-245	224	7	and	and	CCONJ
esutjss-245	224	8	firm	firm	ADJ
esutjss-245	224	9	size	size	NOUN
esutjss-245	224	10	have	have	VERB
esutjss-245	224	11	a	a	DET
esutjss-245	224	12	positive	positive	ADJ
esutjss-245	224	13	but	but	CCONJ
esutjss-245	224	14	insignificant	insignificant	ADJ
esutjss-245	224	15	relationship	relationship	NOUN
esutjss-245	224	16	with	with	ADP
esutjss-245	224	17	firm	firm	ADJ
esutjss-245	224	18	growth	growth	NOUN
esutjss-245	224	19	.	.	PUNCT
esutjss-245	225	1	the	the	DET
esutjss-245	225	2	study	study	NOUN
esutjss-245	225	3	further	further	ADJ
esutjss-245	225	4	reports	report	NOUN
esutjss-245	225	5	that	that	SCONJ
esutjss-245	225	6	institutional	institutional	ADJ
esutjss-245	225	7	ownership	ownership	NOUN
esutjss-245	225	8	and	and	CCONJ
esutjss-245	225	9	international	international	ADJ
esutjss-245	225	10	affiliation	affiliation	NOUN
esutjss-245	225	11	positively	positively	ADV
esutjss-245	225	12	but	but	CCONJ
esutjss-245	225	13	insignificantly	insignificantly	ADV
esutjss-245	225	14	affect	affect	VERB
esutjss-245	225	15	firm	firm	ADJ
esutjss-245	225	16	growth	growth	NOUN
esutjss-245	225	17	.	.	PUNCT
esutjss-245	226	1	nguyen	nguyen	NOUN
esutjss-245	226	2	,	,	PUNCT
esutjss-245	226	3	tan	tan	PROPN
esutjss-245	226	4	,	,	PUNCT
esutjss-245	226	5	and	and	CCONJ
esutjss-245	226	6	nguyen	nguyen	NOUN
esutjss-245	226	7	(	(	PUNCT
esutjss-245	226	8	2021	2021	NUM
esutjss-245	226	9	)	)	PUNCT
esutjss-245	226	10	investigated	investigate	VERB
esutjss-245	226	11	the	the	DET
esutjss-245	226	12	factors	factor	NOUN
esutjss-245	226	13	that	that	PRON
esutjss-245	226	14	affect	affect	VERB
esutjss-245	226	15	the	the	DET
esutjss-245	226	16	firm	firm	ADJ
esutjss-245	226	17	value	value	NOUN
esutjss-245	226	18	of	of	ADP
esutjss-245	226	19	trading	trading	NOUN
esutjss-245	226	20	companies	company	NOUN
esutjss-245	226	21	listed	list	VERB
esutjss-245	226	22	on	on	ADP
esutjss-245	226	23	the	the	DET
esutjss-245	226	24	vietnamese	vietnamese	ADJ
esutjss-245	226	25	stock	stock	NOUN
esutjss-245	226	26	exchange	exchange	PROPN
esutjss-245	226	27	.	.	PUNCT
esutjss-245	227	1	the	the	DET
esutjss-245	227	2	study	study	NOUN
esutjss-245	227	3	uses	use	VERB
esutjss-245	227	4	a	a	DET
esutjss-245	227	5	dataset	dataset	NOUN
esutjss-245	227	6	with	with	ADP
esutjss-245	227	7	925	925	NUM
esutjss-245	227	8	observations	observation	NOUN
esutjss-245	227	9	of	of	ADP
esutjss-245	227	10	trading	trading	NOUN
esutjss-245	227	11	firms	firm	NOUN
esutjss-245	227	12	listed	list	VERB
esutjss-245	227	13	on	on	ADP
esutjss-245	227	14	the	the	DET
esutjss-245	227	15	vietnam	vietnam	PROPN
esutjss-245	227	16	stock	stock	PROPN
esutjss-245	227	17	exchange	exchange	PROPN
esutjss-245	227	18	over	over	ADP
esutjss-245	227	19	a	a	DET
esutjss-245	227	20	nine	nine	NUM
esutjss-245	227	21	-	-	PUNCT
esutjss-245	227	22	year	year	NOUN
esutjss-245	227	23	period	period	NOUN
esutjss-245	227	24	from	from	ADP
esutjss-245	227	25	2011	2011	NUM
esutjss-245	227	26	to	to	ADP
esutjss-245	227	27	2019	2019	NUM
esutjss-245	227	28	.	.	PUNCT
esutjss-245	228	1	the	the	DET
esutjss-245	228	2	factors	factor	NOUN
esutjss-245	228	3	that	that	PRON
esutjss-245	228	4	affect	affect	VERB
esutjss-245	228	5	firm	firm	ADJ
esutjss-245	228	6	value	value	NOUN
esutjss-245	228	7	include	include	VERB
esutjss-245	228	8	firm	firm	ADJ
esutjss-245	228	9	size	size	NOUN
esutjss-245	228	10	,	,	PUNCT
esutjss-245	228	11	capital	capital	NOUN
esutjss-245	228	12	structure	structure	NOUN
esutjss-245	228	13	,	,	PUNCT
esutjss-245	228	14	profitability	profitability	NOUN
esutjss-245	228	15	,	,	PUNCT
esutjss-245	228	16	sales	sale	NOUN
esutjss-245	228	17	,	,	PUNCT
esutjss-245	228	18	and	and	CCONJ
esutjss-245	228	19	liquidity	liquidity	NOUN
esutjss-245	228	20	,	,	PUNCT
esutjss-245	228	21	while	while	SCONJ
esutjss-245	228	22	firm	firm	ADJ
esutjss-245	228	23	value	value	NOUN
esutjss-245	228	24	is	be	AUX
esutjss-245	228	25	represented	represent	VERB
esutjss-245	228	26	by	by	ADP
esutjss-245	228	27	the	the	DET
esutjss-245	228	28	value	value	NOUN
esutjss-245	228	29	of	of	ADP
esutjss-245	228	30	equity	equity	NOUN
esutjss-245	228	31	.	.	PUNCT
esutjss-245	229	1	the	the	DET
esutjss-245	229	2	study	study	NOUN
esutjss-245	229	3	employs	employ	VERB
esutjss-245	229	4	quantitative	quantitative	ADJ
esutjss-245	229	5	methods	method	NOUN
esutjss-245	229	6	and	and	CCONJ
esutjss-245	229	7	regression	regression	NOUN
esutjss-245	229	8	technique	technique	NOUN
esutjss-245	229	9	to	to	PART
esutjss-245	229	10	analyze	analyze	VERB
esutjss-245	229	11	the	the	DET
esutjss-245	229	12	data	datum	NOUN
esutjss-245	229	13	.	.	PUNCT
esutjss-245	230	1	the	the	DET
esutjss-245	230	2	findings	finding	NOUN
esutjss-245	230	3	indicate	indicate	VERB
esutjss-245	230	4	that	that	DET
esutjss-245	230	5	firm	firm	ADJ
esutjss-245	230	6	size	size	NOUN
esutjss-245	230	7	is	be	AUX
esutjss-245	230	8	the	the	DET
esutjss-245	230	9	most	most	ADV
esutjss-245	230	10	crucial	crucial	ADJ
esutjss-245	230	11	factor	factor	NOUN
esutjss-245	230	12	affecting	affect	VERB
esutjss-245	230	13	firm	firm	ADJ
esutjss-245	230	14	value	value	NOUN
esutjss-245	230	15	.	.	PUNCT
esutjss-245	231	1	the	the	DET
esutjss-245	231	2	results	result	NOUN
esutjss-245	231	3	suggest	suggest	VERB
esutjss-245	231	4	that	that	SCONJ
esutjss-245	231	5	the	the	DET
esutjss-245	231	6	value	value	NOUN
esutjss-245	231	7	of	of	ADP
esutjss-245	231	8	a	a	DET
esutjss-245	231	9	large	large	ADJ
esutjss-245	231	10	company	company	NOUN
esutjss-245	231	11	is	be	AUX
esutjss-245	231	12	of	of	ADP
esutjss-245	231	13	higher	high	ADJ
esutjss-245	231	14	rank	rank	NOUN
esutjss-245	231	15	than	than	ADP
esutjss-245	231	16	a	a	DET
esutjss-245	231	17	small	small	ADJ
esutjss-245	231	18	company	company	NOUN
esutjss-245	231	19	.	.	PUNCT
esutjss-245	232	1	in	in	ADP
esutjss-245	232	2	contrast	contrast	NOUN
esutjss-245	232	3	,	,	PUNCT
esutjss-245	232	4	capital	capital	NOUN
esutjss-245	232	5	structure	structure	NOUN
esutjss-245	232	6	has	have	VERB
esutjss-245	232	7	a	a	DET
esutjss-245	232	8	negative	negative	ADJ
esutjss-245	232	9	impact	impact	NOUN
esutjss-245	232	10	on	on	ADP
esutjss-245	232	11	firm	firm	ADJ
esutjss-245	232	12	value	value	NOUN
esutjss-245	232	13	.	.	PUNCT
esutjss-245	233	1	the	the	DET
esutjss-245	233	2	study	study	NOUN
esutjss-245	233	3	further	further	ADJ
esutjss-245	233	4	reports	report	NOUN
esutjss-245	233	5	that	that	SCONJ
esutjss-245	233	6	the	the	DET
esutjss-245	233	7	other	other	ADJ
esutjss-245	233	8	independent	independent	ADJ
esutjss-245	233	9	variables	variable	NOUN
esutjss-245	233	10	,	,	PUNCT
esutjss-245	233	11	such	such	ADJ
esutjss-245	233	12	as	as	ADP
esutjss-245	233	13	profitability	profitability	NOUN
esutjss-245	233	14	,	,	PUNCT
esutjss-245	233	15	sales	sale	NOUN
esutjss-245	233	16	,	,	PUNCT
esutjss-245	233	17	and	and	CCONJ
esutjss-245	233	18	liquidity	liquidity	NOUN
esutjss-245	233	19	,	,	PUNCT
esutjss-245	233	20	are	be	AUX
esutjss-245	233	21	statistically	statistically	ADV
esutjss-245	233	22	insignificant	insignificant	ADJ
esutjss-245	233	23	in	in	ADP
esutjss-245	233	24	the	the	DET
esutjss-245	233	25	regression	regression	NOUN
esutjss-245	233	26	model	model	NOUN
esutjss-245	233	27	.	.	PUNCT
esutjss-245	234	1	this	this	PRON
esutjss-245	234	2	means	mean	VERB
esutjss-245	234	3	that	that	SCONJ
esutjss-245	234	4	these	these	DET
esutjss-245	234	5	factors	factor	NOUN
esutjss-245	234	6	do	do	AUX
esutjss-245	234	7	not	not	PART
esutjss-245	234	8	significantly	significantly	ADV
esutjss-245	234	9	affect	affect	VERB
esutjss-245	234	10	firm	firm	ADJ
esutjss-245	234	11	value	value	NOUN
esutjss-245	234	12	.	.	PUNCT
esutjss-245	235	1	the	the	DET
esutjss-245	235	2	study	study	NOUN
esutjss-245	235	3	concludes	conclude	VERB
esutjss-245	235	4	that	that	SCONJ
esutjss-245	235	5	firm	firm	ADJ
esutjss-245	235	6	size	size	NOUN
esutjss-245	235	7	and	and	CCONJ
esutjss-245	235	8	capital	capital	NOUN
esutjss-245	235	9	structure	structure	NOUN
esutjss-245	235	10	are	be	AUX
esutjss-245	235	11	crucial	crucial	ADJ
esutjss-245	235	12	factors	factor	NOUN
esutjss-245	235	13	that	that	PRON
esutjss-245	235	14	affect	affect	VERB
esutjss-245	235	15	firm	firm	ADJ
esutjss-245	235	16	value	value	NOUN
esutjss-245	235	17	in	in	ADP
esutjss-245	235	18	the	the	DET
esutjss-245	235	19	trading	trading	NOUN
esutjss-245	235	20	industry	industry	NOUN
esutjss-245	235	21	in	in	ADP
esutjss-245	235	22	vietnam	vietnam	PROPN
esutjss-245	235	23	.	.	PUNCT
esutjss-245	236	1	jihadi	jihadi	NOUN
esutjss-245	236	2	et	et	PROPN
esutjss-245	236	3	al	al	PROPN
esutjss-245	236	4	.	.	PROPN
esutjss-245	237	1	(	(	PUNCT
esutjss-245	237	2	2021	2021	NUM
esutjss-245	237	3	)	)	PUNCT
esutjss-245	237	4	examined	examine	VERB
esutjss-245	237	5	the	the	DET
esutjss-245	237	6	effect	effect	NOUN
esutjss-245	237	7	of	of	ADP
esutjss-245	237	8	liquidity	liquidity	NOUN
esutjss-245	237	9	,	,	PUNCT
esutjss-245	237	10	activity	activity	NOUN
esutjss-245	237	11	,	,	PUNCT
esutjss-245	237	12	leverage	leverage	NOUN
esutjss-245	237	13	,	,	PUNCT
esutjss-245	237	14	and	and	CCONJ
esutjss-245	237	15	profitability	profitability	NOUN
esutjss-245	237	16	on	on	ADP
esutjss-245	237	17	firm	firm	ADJ
esutjss-245	237	18	value	value	NOUN
esutjss-245	237	19	of	of	ADP
esutjss-245	237	20	indonesian	indonesian	ADJ
esutjss-245	237	21	companies	company	NOUN
esutjss-245	237	22	listed	list	VERB
esutjss-245	237	23	on	on	ADP
esutjss-245	237	24	the	the	DET
esutjss-245	237	25	lq45	lq45	PROPN
esutjss-245	237	26	index	index	NOUN
esutjss-245	237	27	.	.	PUNCT
esutjss-245	238	1	the	the	DET
esutjss-245	238	2	study	study	NOUN
esutjss-245	238	3	used	use	VERB
esutjss-245	238	4	a	a	DET
esutjss-245	238	5	purposive	purposive	ADJ
esutjss-245	238	6	sampling	sampling	NOUN
esutjss-245	238	7	method	method	NOUN
esutjss-245	238	8	to	to	PART
esutjss-245	238	9	obtain	obtain	VERB
esutjss-245	238	10	a	a	DET
esutjss-245	238	11	sample	sample	NOUN
esutjss-245	238	12	of	of	ADP
esutjss-245	238	13	22	22	NUM
esutjss-245	238	14	companies	company	NOUN
esutjss-245	238	15	from	from	ADP
esutjss-245	238	16	2014	2014	NUM
esutjss-245	238	17	-	-	SYM
esutjss-245	238	18	2019	2019	NUM
esutjss-245	238	19	and	and	CCONJ
esutjss-245	238	20	used	use	VERB
esutjss-245	238	21	multiple	multiple	ADJ
esutjss-245	238	22	linear	linear	ADJ
esutjss-245	238	23	regression	regression	NOUN
esutjss-245	238	24	analysis	analysis	NOUN
esutjss-245	238	25	with	with	ADP
esutjss-245	238	26	the	the	DET
esutjss-245	238	27	spss	spss	PROPN
esutjss-245	238	28	18	18	NUM
esutjss-245	238	29	program	program	NOUN
esutjss-245	238	30	for	for	ADP
esutjss-245	238	31	data	datum	NOUN
esutjss-245	238	32	analysis	analysis	NOUN
esutjss-245	238	33	.	.	PUNCT
esutjss-245	239	1	the	the	DET
esutjss-245	239	2	study	study	NOUN
esutjss-245	239	3	found	find	VERB
esutjss-245	239	4	that	that	SCONJ
esutjss-245	239	5	liquidity	liquidity	NOUN
esutjss-245	239	6	,	,	PUNCT
esutjss-245	239	7	activity	activity	NOUN
esutjss-245	239	8	,	,	PUNCT
esutjss-245	239	9	leverage	leverage	NOUN
esutjss-245	239	10	,	,	PUNCT
esutjss-245	239	11	and	and	CCONJ
esutjss-245	239	12	profitability	profitability	NOUN
esutjss-245	239	13	had	have	VERB
esutjss-245	239	14	a	a	DET
esutjss-245	239	15	significant	significant	ADJ
esutjss-245	239	16	impact	impact	NOUN
esutjss-245	239	17	on	on	ADP
esutjss-245	239	18	firm	firm	ADJ
esutjss-245	239	19	value	value	NOUN
esutjss-245	239	20	,	,	PUNCT
esutjss-245	239	21	which	which	PRON
esutjss-245	239	22	supports	support	VERB
esutjss-245	239	23	the	the	DET
esutjss-245	239	24	initial	initial	ADJ
esutjss-245	239	25	hypothesis	hypothesis	NOUN
esutjss-245	239	26	of	of	ADP
esutjss-245	239	27	the	the	DET
esutjss-245	239	28	study	study	NOUN
esutjss-245	239	29	.	.	PUNCT
esutjss-245	240	1	additionally	additionally	ADV
esutjss-245	240	2	,	,	PUNCT
esutjss-245	240	3	the	the	DET
esutjss-245	240	4	study	study	NOUN
esutjss-245	240	5	found	find	VERB
esutjss-245	240	6	that	that	SCONJ
esutjss-245	240	7	csr	csr	NOUN
esutjss-245	240	8	played	play	VERB
esutjss-245	240	9	a	a	DET
esutjss-245	240	10	moderating	moderate	VERB
esutjss-245	240	11	role	role	NOUN
esutjss-245	240	12	in	in	ADP
esutjss-245	240	13	the	the	DET
esutjss-245	240	14	relationship	relationship	NOUN
esutjss-245	240	15	between	between	ADP
esutjss-245	240	16	financial	financial	ADJ
esutjss-245	240	17	ratios	ratio	NOUN
esutjss-245	240	18	and	and	CCONJ
esutjss-245	240	19	firm	firm	ADJ
esutjss-245	240	20	value	value	NOUN
esutjss-245	240	21	,	,	PUNCT
esutjss-245	240	22	and	and	CCONJ
esutjss-245	240	23	company	company	NOUN
esutjss-245	240	24	size	size	NOUN
esutjss-245	240	25	acted	act	VERB
esutjss-245	240	26	as	as	ADP
esutjss-245	240	27	a	a	DET
esutjss-245	240	28	control	control	NOUN
esutjss-245	240	29	variable	variable	NOUN
esutjss-245	240	30	.	.	PUNCT
esutjss-245	241	1	jeroh	jeroh	PROPN
esutjss-245	241	2	(	(	PUNCT
esutjss-245	241	3	2020	2020	NUM
esutjss-245	241	4	)	)	PUNCT
esutjss-245	241	5	examined	examine	VERB
esutjss-245	241	6	the	the	DET
esutjss-245	241	7	impact	impact	NOUN
esutjss-245	241	8	of	of	ADP
esutjss-245	241	9	corporate	corporate	ADJ
esutjss-245	241	10	attributes	attribute	NOUN
esutjss-245	241	11	on	on	ADP
esutjss-245	241	12	the	the	DET
esutjss-245	241	13	value	value	NOUN
esutjss-245	241	14	of	of	ADP
esutjss-245	241	15	firms	firm	NOUN
esutjss-245	241	16	in	in	ADP
esutjss-245	241	17	nigeria	nigeria	PROPN
esutjss-245	241	18	's	's	PART
esutjss-245	241	19	financial	financial	PROPN
esutjss-245	241	20	service	service	NOUN
esutjss-245	241	21	subsector	subsector	NOUN
esutjss-245	241	22	.	.	PUNCT
esutjss-245	242	1	the	the	DET
esutjss-245	242	2	study	study	NOUN
esutjss-245	242	3	used	use	VERB
esutjss-245	242	4	secondary	secondary	ADJ
esutjss-245	242	5	data	datum	NOUN
esutjss-245	242	6	sourced	source	VERB
esutjss-245	242	7	from	from	ADP
esutjss-245	242	8	the	the	DET
esutjss-245	242	9	financials	financial	NOUN
esutjss-245	242	10	of	of	ADP
esutjss-245	242	11	32	32	NUM
esutjss-245	242	12	listed	list	VERB
esutjss-245	242	13	firms	firm	NOUN
esutjss-245	242	14	in	in	ADP
esutjss-245	242	15	the	the	DET
esutjss-245	242	16	subsector	subsector	NOUN
esutjss-245	242	17	for	for	ADP
esutjss-245	242	18	a	a	DET
esutjss-245	242	19	period	period	NOUN
esutjss-245	242	20	of	of	ADP
esutjss-245	242	21	nine	nine	NUM
esutjss-245	242	22	years	year	NOUN
esutjss-245	242	23	(	(	PUNCT
esutjss-245	242	24	2010	2010	NUM
esutjss-245	242	25	-	-	SYM
esutjss-245	242	26	2018	2018	NUM
esutjss-245	242	27	)	)	PUNCT
esutjss-245	242	28	and	and	CCONJ
esutjss-245	242	29	employed	employ	VERB
esutjss-245	242	30	descriptive	descriptive	ADJ
esutjss-245	242	31	,	,	PUNCT
esutjss-245	242	32	diagnostic	diagnostic	ADJ
esutjss-245	242	33	,	,	PUNCT
esutjss-245	242	34	and	and	CCONJ
esutjss-245	242	35	inferential	inferential	ADJ
esutjss-245	242	36	statistics	statistic	NOUN
esutjss-245	242	37	to	to	PART
esutjss-245	242	38	analyze	analyze	VERB
esutjss-245	242	39	the	the	DET
esutjss-245	242	40	data	datum	NOUN
esutjss-245	242	41	.	.	PUNCT
esutjss-245	243	1	the	the	DET
esutjss-245	243	2	multivariate	multivariate	NOUN
esutjss-245	243	3	regression	regression	NOUN
esutjss-245	243	4	technique	technique	NOUN
esutjss-245	243	5	was	be	AUX
esutjss-245	243	6	used	use	VERB
esutjss-245	243	7	to	to	PART
esutjss-245	243	8	test	test	VERB
esutjss-245	243	9	the	the	DET
esutjss-245	243	10	formulated	formulate	VERB
esutjss-245	243	11	hypotheses	hypothesis	NOUN
esutjss-245	243	12	.	.	PUNCT
esutjss-245	244	1	the	the	DET
esutjss-245	244	2	study	study	NOUN
esutjss-245	244	3	found	find	VERB
esutjss-245	244	4	that	that	SCONJ
esutjss-245	244	5	selected	select	VERB
esutjss-245	244	6	corporate	corporate	ADJ
esutjss-245	244	7	attributes	attribute	NOUN
esutjss-245	244	8	such	such	ADJ
esutjss-245	244	9	as	as	ADP
esutjss-245	244	10	returns	return	NOUN
esutjss-245	244	11	,	,	PUNCT
esutjss-245	244	12	revenue	revenue	NOUN
esutjss-245	244	13	growth	growth	NOUN
esutjss-245	244	14	,	,	PUNCT
esutjss-245	244	15	earnings	earning	NOUN
esutjss-245	244	16	,	,	PUNCT
esutjss-245	244	17	leverage	leverage	NOUN
esutjss-245	244	18	,	,	PUNCT
esutjss-245	244	19	company	company	NOUN
esutjss-245	244	20	size	size	NOUN
esutjss-245	244	21	,	,	PUNCT
esutjss-245	244	22	and	and	CCONJ
esutjss-245	244	23	asset	asset	NOUN
esutjss-245	244	24	tangibility	tangibility	NOUN
esutjss-245	244	25	significantly	significantly	ADV
esutjss-245	244	26	influenced	influence	VERB
esutjss-245	244	27	two	two	NUM
esutjss-245	244	28	measures	measure	NOUN
esutjss-245	244	29	of	of	ADP
esutjss-245	244	30	firm	firm	ADJ
esutjss-245	244	31	value	value	NOUN
esutjss-245	244	32	(	(	PUNCT
esutjss-245	244	33	share	share	NOUN
esutjss-245	244	34	price	price	NOUN
esutjss-245	244	35	and	and	CCONJ
esutjss-245	244	36	tobin	tobin	NOUN
esutjss-245	244	37	's	's	PART
esutjss-245	244	38	q	q	NOUN
esutjss-245	244	39	)	)	PUNCT
esutjss-245	244	40	while	while	SCONJ
esutjss-245	244	41	no	no	DET
esutjss-245	244	42	significant	significant	ADJ
esutjss-245	244	43	relationship	relationship	NOUN
esutjss-245	244	44	was	be	AUX
esutjss-245	244	45	found	find	VERB
esutjss-245	244	46	between	between	ADP
esutjss-245	244	47	the	the	DET
esutjss-245	244	48	selected	select	VERB
esutjss-245	244	49	corporate	corporate	ADJ
esutjss-245	244	50	attributes	attribute	NOUN
esutjss-245	244	51	and	and	CCONJ
esutjss-245	244	52	the	the	DET
esutjss-245	244	53	third	third	ADJ
esutjss-245	244	54	measure	measure	NOUN
esutjss-245	244	55	of	of	ADP
esutjss-245	244	56	firm	firm	ADJ
esutjss-245	244	57	value	value	NOUN
esutjss-245	244	58	(	(	PUNCT
esutjss-245	244	59	share	share	NOUN
esutjss-245	244	60	price	price	NOUN
esutjss-245	244	61	to	to	ADP
esutjss-245	244	62	book	book	NOUN
esutjss-245	244	63	value	value	NOUN
esutjss-245	244	64	)	)	PUNCT
esutjss-245	244	65	.	.	PUNCT
esutjss-245	245	1	dang	dang	PROPN
esutjss-245	245	2	,	,	PUNCT
esutjss-245	245	3	vu	vu	PROPN
esutjss-245	245	4	,	,	PUNCT
esutjss-245	245	5	ngo	ngo	PROPN
esutjss-245	245	6	,	,	PUNCT
esutjss-245	245	7	and	and	CCONJ
esutjss-245	245	8	hoang	hoang	PROPN
esutjss-245	245	9	(	(	PUNCT
esutjss-245	245	10	2019	2019	NUM
esutjss-245	245	11	)	)	PUNCT
esutjss-245	245	12	investigated	investigate	VERB
esutjss-245	245	13	the	the	DET
esutjss-245	245	14	effect	effect	NOUN
esutjss-245	245	15	of	of	ADP
esutjss-245	245	16	growth	growth	NOUN
esutjss-245	245	17	,	,	PUNCT
esutjss-245	245	18	firm	firm	ADJ
esutjss-245	245	19	size	size	NOUN
esutjss-245	245	20	,	,	PUNCT
esutjss-245	245	21	capital	capital	NOUN
esutjss-245	245	22	structure	structure	NOUN
esutjss-245	245	23	,	,	PUNCT
esutjss-245	245	24	and	and	CCONJ
esutjss-245	245	25	profitability	profitability	NOUN
esutjss-245	245	26	on	on	ADP
esutjss-245	245	27	enterprise	enterprise	NOUN
esutjss-245	245	28	value	value	NOUN
esutjss-245	245	29	(	(	PUNCT
esutjss-245	245	30	ev	ev	PROPN
esutjss-245	245	31	)	)	PUNCT
esutjss-245	245	32	,	,	PUNCT
esutjss-245	245	33	using	use	VERB
esutjss-245	245	34	a	a	DET
esutjss-245	245	35	panel	panel	NOUN
esutjss-245	245	36	of	of	ADP
esutjss-245	245	37	1,070	1,070	NUM
esutjss-245	245	38	observations	observation	NOUN
esutjss-245	245	39	from	from	ADP
esutjss-245	245	40	214	214	NUM
esutjss-245	245	41	companies	company	NOUN
esutjss-245	245	42	listed	list	VERB
esutjss-245	245	43	on	on	ADP
esutjss-245	245	44	the	the	DET
esutjss-245	245	45	vietnamese	vietnamese	ADJ
esutjss-245	245	46	stock	stock	NOUN
esutjss-245	245	47	market	market	NOUN
esutjss-245	245	48	for	for	ADP
esutjss-245	245	49	the	the	DET
esutjss-245	245	50	period	period	NOUN
esutjss-245	245	51	of	of	ADP
esutjss-245	245	52	2012	2012	NUM
esutjss-245	245	53	-	-	SYM
esutjss-245	245	54	2016	2016	NUM
esutjss-245	245	55	.	.	PUNCT
esutjss-245	246	1	the	the	DET
esutjss-245	246	2	authors	author	NOUN
esutjss-245	246	3	used	use	VERB
esutjss-245	246	4	generalized	generalized	ADJ
esutjss-245	246	5	least	least	ADJ
esutjss-245	246	6	squares	square	NOUN
esutjss-245	246	7	and	and	CCONJ
esutjss-245	246	8	structural	structural	ADJ
esutjss-245	246	9	pathways	pathway	NOUN
esutjss-245	246	10	analysis	analysis	NOUN
esutjss-245	246	11	to	to	PART
esutjss-245	246	12	analyze	analyze	VERB
esutjss-245	246	13	their	their	PRON
esutjss-245	246	14	data	datum	NOUN
esutjss-245	246	15	.	.	PUNCT
esutjss-245	247	1	the	the	DET
esutjss-245	247	2	study	study	NOUN
esutjss-245	247	3	found	find	VERB
esutjss-245	247	4	that	that	SCONJ
esutjss-245	247	5	two	two	NUM
esutjss-245	247	6	factors	factor	NOUN
esutjss-245	247	7	,	,	PUNCT
esutjss-245	247	8	size	size	NOUN
esutjss-245	247	9	and	and	CCONJ
esutjss-245	247	10	profitability	profitability	NOUN
esutjss-245	247	11	,	,	PUNCT
esutjss-245	247	12	have	have	VERB
esutjss-245	247	13	a	a	DET
esutjss-245	247	14	positive	positive	ADJ
esutjss-245	247	15	impact	impact	NOUN
esutjss-245	247	16	on	on	ADP
esutjss-245	247	17	enterprise	enterprise	NOUN
esutjss-245	247	18	value	value	NOUN
esutjss-245	247	19	,	,	PUNCT
esutjss-245	247	20	while	while	SCONJ
esutjss-245	247	21	576	576	NUM
esutjss-245	247	22	capital	capital	NOUN
esutjss-245	247	23	structure	structure	NOUN
esutjss-245	247	24	has	have	VERB
esutjss-245	247	25	a	a	DET
esutjss-245	247	26	negative	negative	ADJ
esutjss-245	247	27	effect	effect	NOUN
esutjss-245	247	28	.	.	PUNCT
esutjss-245	248	1	however	however	ADV
esutjss-245	248	2	,	,	PUNCT
esutjss-245	248	3	the	the	DET
esutjss-245	248	4	growth	growth	NOUN
esutjss-245	248	5	factor	factor	NOUN
esutjss-245	248	6	did	do	AUX
esutjss-245	248	7	not	not	PART
esutjss-245	248	8	show	show	VERB
esutjss-245	248	9	any	any	DET
esutjss-245	248	10	significant	significant	ADJ
esutjss-245	248	11	impact	impact	NOUN
esutjss-245	248	12	on	on	ADP
esutjss-245	248	13	ev	ev	PROPN
esutjss-245	248	14	.	.	PROPN
esutjss-245	248	15	hameed	hameed	PROPN
esutjss-245	248	16	and	and	CCONJ
esutjss-245	248	17	tsoho	tsoho	NOUN
esutjss-245	248	18	(	(	PUNCT
esutjss-245	248	19	2020	2020	NUM
esutjss-245	248	20	)	)	PUNCT
esutjss-245	248	21	conducted	conduct	VERB
esutjss-245	248	22	a	a	DET
esutjss-245	248	23	study	study	NOUN
esutjss-245	248	24	to	to	PART
esutjss-245	248	25	examine	examine	VERB
esutjss-245	248	26	the	the	DET
esutjss-245	248	27	impact	impact	NOUN
esutjss-245	248	28	of	of	ADP
esutjss-245	248	29	financial	financial	ADJ
esutjss-245	248	30	performance	performance	NOUN
esutjss-245	248	31	and	and	CCONJ
esutjss-245	248	32	firm	firm	ADJ
esutjss-245	248	33	size	size	NOUN
esutjss-245	248	34	on	on	ADP
esutjss-245	248	35	the	the	DET
esutjss-245	248	36	value	value	NOUN
esutjss-245	248	37	of	of	ADP
esutjss-245	248	38	quoted	quote	VERB
esutjss-245	248	39	insurance	insurance	NOUN
esutjss-245	248	40	companies	company	NOUN
esutjss-245	248	41	on	on	ADP
esutjss-245	248	42	the	the	DET
esutjss-245	248	43	nigerian	nigerian	ADJ
esutjss-245	248	44	stock	stock	NOUN
esutjss-245	248	45	exchange	exchange	PROPN
esutjss-245	248	46	.	.	PUNCT
esutjss-245	249	1	the	the	DET
esutjss-245	249	2	study	study	NOUN
esutjss-245	249	3	utilized	utilize	VERB
esutjss-245	249	4	a	a	DET
esutjss-245	249	5	longitudinal	longitudinal	ADJ
esutjss-245	249	6	panel	panel	NOUN
esutjss-245	249	7	design	design	NOUN
esutjss-245	249	8	,	,	PUNCT
esutjss-245	249	9	covering	cover	VERB
esutjss-245	249	10	a	a	DET
esutjss-245	249	11	period	period	NOUN
esutjss-245	249	12	of	of	ADP
esutjss-245	249	13	eight	eight	NUM
esutjss-245	249	14	years	year	NOUN
esutjss-245	249	15	from	from	ADP
esutjss-245	249	16	2012	2012	NUM
esutjss-245	249	17	to	to	ADP
esutjss-245	249	18	2019	2019	NUM
esutjss-245	249	19	.	.	PUNCT
esutjss-245	250	1	the	the	DET
esutjss-245	250	2	study	study	NOUN
esutjss-245	250	3	utilized	utilize	VERB
esutjss-245	250	4	data	datum	NOUN
esutjss-245	250	5	from	from	ADP
esutjss-245	250	6	the	the	DET
esutjss-245	250	7	financial	financial	ADJ
esutjss-245	250	8	reports	report	NOUN
esutjss-245	250	9	of	of	ADP
esutjss-245	250	10	21	21	NUM
esutjss-245	250	11	insurance	insurance	NOUN
esutjss-245	250	12	companies	company	NOUN
esutjss-245	250	13	quoted	quote	VERB
esutjss-245	250	14	on	on	ADP
esutjss-245	250	15	the	the	DET
esutjss-245	250	16	nigerian	nigerian	ADJ
esutjss-245	250	17	stock	stock	NOUN
esutjss-245	250	18	exchange	exchange	NOUN
esutjss-245	250	19	as	as	ADP
esutjss-245	250	20	of	of	ADP
esutjss-245	250	21	december	december	PROPN
esutjss-245	250	22	31	31	NUM
esutjss-245	250	23	,	,	PUNCT
esutjss-245	250	24	2020	2020	NUM
esutjss-245	250	25	.	.	PUNCT
esutjss-245	251	1	the	the	DET
esutjss-245	251	2	study	study	NOUN
esutjss-245	251	3	used	use	VERB
esutjss-245	251	4	return	return	NOUN
esutjss-245	251	5	on	on	ADP
esutjss-245	251	6	assets	asset	NOUN
esutjss-245	251	7	(	(	PUNCT
esutjss-245	251	8	roa	roa	NOUN
esutjss-245	251	9	)	)	PUNCT
esutjss-245	251	10	and	and	CCONJ
esutjss-245	251	11	return	return	VERB
esutjss-245	251	12	on	on	ADP
esutjss-245	251	13	equity	equity	NOUN
esutjss-245	251	14	(	(	PUNCT
esutjss-245	251	15	roe	roe	PROPN
esutjss-245	251	16	)	)	PUNCT
esutjss-245	251	17	to	to	PART
esutjss-245	251	18	proxy	proxy	VERB
esutjss-245	251	19	financial	financial	ADJ
esutjss-245	251	20	performance	performance	NOUN
esutjss-245	251	21	,	,	PUNCT
esutjss-245	251	22	natural	natural	ADJ
esutjss-245	251	23	logarithm	logarithm	NOUN
esutjss-245	251	24	of	of	ADP
esutjss-245	251	25	total	total	ADJ
esutjss-245	251	26	assets	asset	NOUN
esutjss-245	251	27	to	to	ADP
esutjss-245	251	28	proxy	proxy	VERB
esutjss-245	251	29	firm	firm	ADJ
esutjss-245	251	30	size	size	NOUN
esutjss-245	251	31	,	,	PUNCT
esutjss-245	251	32	and	and	CCONJ
esutjss-245	251	33	tobin	tobin	NOUN
esutjss-245	251	34	's	's	PART
esutjss-245	251	35	q	q	NOUN
esutjss-245	251	36	to	to	ADP
esutjss-245	251	37	proxy	proxy	ADJ
esutjss-245	251	38	firms	firm	NOUN
esutjss-245	251	39	'	'	PART
esutjss-245	251	40	value	value	NOUN
esutjss-245	251	41	.	.	PUNCT
esutjss-245	252	1	the	the	DET
esutjss-245	252	2	study	study	NOUN
esutjss-245	252	3	also	also	ADV
esutjss-245	252	4	included	include	VERB
esutjss-245	252	5	firm	firm	ADJ
esutjss-245	252	6	age	age	NOUN
esutjss-245	252	7	as	as	ADP
esutjss-245	252	8	a	a	DET
esutjss-245	252	9	control	control	NOUN
esutjss-245	252	10	variable	variable	NOUN
esutjss-245	252	11	.	.	PUNCT
esutjss-245	253	1	the	the	DET
esutjss-245	253	2	data	datum	NOUN
esutjss-245	253	3	were	be	AUX
esutjss-245	253	4	analyzed	analyze	VERB
esutjss-245	253	5	using	use	VERB
esutjss-245	253	6	descriptive	descriptive	ADJ
esutjss-245	253	7	statistics	statistic	NOUN
esutjss-245	253	8	and	and	CCONJ
esutjss-245	253	9	regression	regression	VERB
esutjss-245	253	10	analysis	analysis	NOUN
esutjss-245	253	11	with	with	ADP
esutjss-245	253	12	the	the	DET
esutjss-245	253	13	aid	aid	NOUN
esutjss-245	253	14	of	of	ADP
esutjss-245	253	15	stata	stata	ADJ
esutjss-245	253	16	15	15	NUM
esutjss-245	253	17	version	version	NOUN
esutjss-245	253	18	.	.	PUNCT
esutjss-245	254	1	the	the	DET
esutjss-245	254	2	regression	regression	NOUN
esutjss-245	254	3	analysis	analysis	NOUN
esutjss-245	254	4	was	be	AUX
esutjss-245	254	5	used	use	VERB
esutjss-245	254	6	to	to	PART
esutjss-245	254	7	determine	determine	VERB
esutjss-245	254	8	the	the	DET
esutjss-245	254	9	impact	impact	NOUN
esutjss-245	254	10	of	of	ADP
esutjss-245	254	11	financial	financial	ADJ
esutjss-245	254	12	performance	performance	NOUN
esutjss-245	254	13	and	and	CCONJ
esutjss-245	254	14	firm	firm	ADJ
esutjss-245	254	15	size	size	NOUN
esutjss-245	254	16	on	on	ADP
esutjss-245	254	17	firms	firm	NOUN
esutjss-245	254	18	'	'	PART
esutjss-245	254	19	value	value	NOUN
esutjss-245	254	20	.	.	PUNCT
esutjss-245	255	1	the	the	DET
esutjss-245	255	2	study	study	NOUN
esutjss-245	255	3	revealed	reveal	VERB
esutjss-245	255	4	that	that	SCONJ
esutjss-245	255	5	all	all	DET
esutjss-245	255	6	explanatory	explanatory	ADJ
esutjss-245	255	7	variables	variable	NOUN
esutjss-245	255	8	,	,	PUNCT
esutjss-245	255	9	except	except	SCONJ
esutjss-245	255	10	roa	roa	PROPN
esutjss-245	255	11	,	,	PUNCT
esutjss-245	255	12	firm	firm	ADJ
esutjss-245	255	13	size	size	NOUN
esutjss-245	255	14	,	,	PUNCT
esutjss-245	255	15	and	and	CCONJ
esutjss-245	255	16	firm	firm	ADJ
esutjss-245	255	17	age	age	NOUN
esutjss-245	255	18	,	,	PUNCT
esutjss-245	255	19	had	have	VERB
esutjss-245	255	20	a	a	DET
esutjss-245	255	21	positive	positive	ADJ
esutjss-245	255	22	significant	significant	ADJ
esutjss-245	255	23	effect	effect	NOUN
esutjss-245	255	24	on	on	ADP
esutjss-245	255	25	tobin	tobin	PROPN
esutjss-245	255	26	's	's	PART
esutjss-245	255	27	q.	q.	NOUN
esutjss-245	255	28	specifically	specifically	ADV
esutjss-245	255	29	,	,	PUNCT
esutjss-245	255	30	roe	roe	PROPN
esutjss-245	255	31	had	have	VERB
esutjss-245	255	32	an	an	DET
esutjss-245	255	33	insignificant	insignificant	ADJ
esutjss-245	255	34	effect	effect	NOUN
esutjss-245	255	35	on	on	ADP
esutjss-245	255	36	tobin	tobin	PROPN
esutjss-245	255	37	's	's	PART
esutjss-245	255	38	q.	q.	PROPN
esutjss-245	255	39	endri	endri	PROPN
esutjss-245	255	40	and	and	CCONJ
esutjss-245	255	41	fathony	fathony	ADJ
esutjss-245	255	42	(	(	PUNCT
esutjss-245	255	43	2020	2020	NUM
esutjss-245	255	44	)	)	PUNCT
esutjss-245	255	45	conducted	conduct	VERB
esutjss-245	255	46	a	a	DET
esutjss-245	255	47	study	study	NOUN
esutjss-245	255	48	to	to	PART
esutjss-245	255	49	estimate	estimate	VERB
esutjss-245	255	50	and	and	CCONJ
esutjss-245	255	51	analyze	analyze	VERB
esutjss-245	255	52	the	the	DET
esutjss-245	255	53	impact	impact	NOUN
esutjss-245	255	54	of	of	ADP
esutjss-245	255	55	profitability	profitability	NOUN
esutjss-245	255	56	,	,	PUNCT
esutjss-245	255	57	firm	firm	ADJ
esutjss-245	255	58	size	size	NOUN
esutjss-245	255	59	,	,	PUNCT
esutjss-245	255	60	leverage	leverage	NOUN
esutjss-245	255	61	,	,	PUNCT
esutjss-245	255	62	and	and	CCONJ
esutjss-245	255	63	growth	growth	NOUN
esutjss-245	255	64	on	on	ADP
esutjss-245	255	65	firm	firm	ADJ
esutjss-245	255	66	value	value	NOUN
esutjss-245	255	67	in	in	ADP
esutjss-245	255	68	financial	financial	ADJ
esutjss-245	255	69	sector	sector	NOUN
esutjss-245	255	70	companies	company	NOUN
esutjss-245	255	71	listed	list	VERB
esutjss-245	255	72	on	on	ADP
esutjss-245	255	73	the	the	DET
esutjss-245	255	74	indonesia	indonesia	PROPN
esutjss-245	255	75	stock	stock	PROPN
esutjss-245	255	76	exchange	exchange	NOUN
esutjss-245	255	77	from	from	ADP
esutjss-245	255	78	2013	2013	NUM
esutjss-245	255	79	to	to	ADP
esutjss-245	255	80	2017	2017	NUM
esutjss-245	255	81	.	.	PUNCT
esutjss-245	256	1	the	the	DET
esutjss-245	256	2	study	study	NOUN
esutjss-245	256	3	used	use	VERB
esutjss-245	256	4	a	a	DET
esutjss-245	256	5	quantitative	quantitative	ADJ
esutjss-245	256	6	research	research	NOUN
esutjss-245	256	7	method	method	NOUN
esutjss-245	256	8	,	,	PUNCT
esutjss-245	256	9	with	with	ADP
esutjss-245	256	10	21	21	NUM
esutjss-245	256	11	financial	financial	ADJ
esutjss-245	256	12	sector	sector	NOUN
esutjss-245	256	13	companies	company	NOUN
esutjss-245	256	14	as	as	ADP
esutjss-245	256	15	research	research	NOUN
esutjss-245	256	16	objects	object	NOUN
esutjss-245	256	17	,	,	PUNCT
esutjss-245	256	18	measured	measure	VERB
esutjss-245	256	19	by	by	ADP
esutjss-245	256	20	purposive	purposive	ADJ
esutjss-245	256	21	sampling	sample	VERB
esutjss-245	256	22	techniques	technique	NOUN
esutjss-245	256	23	.	.	PUNCT
esutjss-245	257	1	panel	panel	NOUN
esutjss-245	257	2	data	data	PROPN
esutjss-245	257	3	regression	regression	NOUN
esutjss-245	257	4	analysis	analysis	NOUN
esutjss-245	257	5	was	be	AUX
esutjss-245	257	6	used	use	VERB
esutjss-245	257	7	to	to	PART
esutjss-245	257	8	analyze	analyze	VERB
esutjss-245	257	9	the	the	DET
esutjss-245	257	10	data	datum	NOUN
esutjss-245	257	11	.	.	PUNCT
esutjss-245	258	1	the	the	DET
esutjss-245	258	2	study	study	NOUN
esutjss-245	258	3	employed	employ	VERB
esutjss-245	258	4	firm	firm	ADJ
esutjss-245	258	5	value	value	NOUN
esutjss-245	258	6	as	as	ADP
esutjss-245	258	7	the	the	DET
esutjss-245	258	8	dependent	dependent	ADJ
esutjss-245	258	9	variable	variable	NOUN
esutjss-245	258	10	,	,	PUNCT
esutjss-245	258	11	while	while	SCONJ
esutjss-245	258	12	profitability	profitability	NOUN
esutjss-245	258	13	,	,	PUNCT
esutjss-245	258	14	firm	firm	ADJ
esutjss-245	258	15	size	size	NOUN
esutjss-245	258	16	,	,	PUNCT
esutjss-245	258	17	leverage	leverage	NOUN
esutjss-245	258	18	,	,	PUNCT
esutjss-245	258	19	and	and	CCONJ
esutjss-245	258	20	growth	growth	NOUN
esutjss-245	258	21	were	be	AUX
esutjss-245	258	22	used	use	VERB
esutjss-245	258	23	as	as	ADP
esutjss-245	258	24	independent	independent	ADJ
esutjss-245	258	25	variables	variable	NOUN
esutjss-245	258	26	.	.	PUNCT
esutjss-245	259	1	the	the	DET
esutjss-245	259	2	study	study	NOUN
esutjss-245	259	3	revealed	reveal	VERB
esutjss-245	259	4	that	that	SCONJ
esutjss-245	259	5	dividend	dividend	NOUN
esutjss-245	259	6	policy	policy	NOUN
esutjss-245	259	7	and	and	CCONJ
esutjss-245	259	8	profitability	profitability	NOUN
esutjss-245	259	9	had	have	VERB
esutjss-245	259	10	a	a	DET
esutjss-245	259	11	significant	significant	ADJ
esutjss-245	259	12	positive	positive	ADJ
esutjss-245	259	13	effect	effect	NOUN
esutjss-245	259	14	on	on	ADP
esutjss-245	259	15	firm	firm	ADJ
esutjss-245	259	16	value	value	NOUN
esutjss-245	259	17	in	in	ADP
esutjss-245	259	18	financial	financial	ADJ
esutjss-245	259	19	sector	sector	NOUN
esutjss-245	259	20	companies	company	NOUN
esutjss-245	259	21	listed	list	VERB
esutjss-245	259	22	on	on	ADP
esutjss-245	259	23	the	the	DET
esutjss-245	259	24	indonesia	indonesia	PROPN
esutjss-245	259	25	stock	stock	PROPN
esutjss-245	259	26	exchange	exchange	PROPN
esutjss-245	259	27	for	for	ADP
esutjss-245	259	28	the	the	DET
esutjss-245	259	29	period	period	NOUN
esutjss-245	259	30	2013	2013	NUM
esutjss-245	259	31	-	-	SYM
esutjss-245	259	32	2017	2017	NUM
esutjss-245	259	33	.	.	PUNCT
esutjss-245	260	1	however	however	ADV
esutjss-245	260	2	,	,	PUNCT
esutjss-245	260	3	firm	firm	ADJ
esutjss-245	260	4	size	size	NOUN
esutjss-245	260	5	,	,	PUNCT
esutjss-245	260	6	leverage	leverage	NOUN
esutjss-245	260	7	,	,	PUNCT
esutjss-245	260	8	and	and	CCONJ
esutjss-245	260	9	growth	growth	NOUN
esutjss-245	260	10	did	do	AUX
esutjss-245	260	11	not	not	PART
esutjss-245	260	12	have	have	VERB
esutjss-245	260	13	any	any	DET
esutjss-245	260	14	significant	significant	ADJ
esutjss-245	260	15	effect	effect	NOUN
esutjss-245	260	16	on	on	ADP
esutjss-245	260	17	firm	firm	ADJ
esutjss-245	260	18	value	value	NOUN
esutjss-245	260	19	.	.	PUNCT
esutjss-245	261	1	abba	abba	PROPN
esutjss-245	261	2	,	,	PUNCT
esutjss-245	261	3	lawal	lawal	PROPN
esutjss-245	261	4	,	,	PUNCT
esutjss-245	261	5	and	and	CCONJ
esutjss-245	261	6	sadah	sadah	NOUN
esutjss-245	261	7	(	(	PUNCT
esutjss-245	261	8	2020	2020	NUM
esutjss-245	261	9	)	)	PUNCT
esutjss-245	261	10	conducted	conduct	VERB
esutjss-245	261	11	a	a	DET
esutjss-245	261	12	study	study	NOUN
esutjss-245	261	13	on	on	ADP
esutjss-245	261	14	the	the	DET
esutjss-245	261	15	financial	financial	ADJ
esutjss-245	261	16	determinants	determinant	NOUN
esutjss-245	261	17	of	of	ADP
esutjss-245	261	18	firm	firm	ADJ
esutjss-245	261	19	value	value	NOUN
esutjss-245	261	20	of	of	ADP
esutjss-245	261	21	listed	list	VERB
esutjss-245	261	22	deposit	deposit	NOUN
esutjss-245	261	23	money	money	NOUN
esutjss-245	261	24	banks	bank	NOUN
esutjss-245	261	25	in	in	ADP
esutjss-245	261	26	nigeria	nigeria	PROPN
esutjss-245	261	27	.	.	PUNCT
esutjss-245	262	1	the	the	DET
esutjss-245	262	2	study	study	NOUN
esutjss-245	262	3	utilized	utilize	VERB
esutjss-245	262	4	tobin	tobin	NOUN
esutjss-245	262	5	's	's	PART
esutjss-245	262	6	q	q	NOUN
esutjss-245	262	7	as	as	ADP
esutjss-245	262	8	the	the	DET
esutjss-245	262	9	dependent	dependent	ADJ
esutjss-245	262	10	variable	variable	NOUN
esutjss-245	262	11	and	and	CCONJ
esutjss-245	262	12	profitability	profitability	NOUN
esutjss-245	262	13	,	,	PUNCT
esutjss-245	262	14	investment	investment	NOUN
esutjss-245	262	15	decision	decision	NOUN
esutjss-245	262	16	,	,	PUNCT
esutjss-245	262	17	funding	funding	NOUN
esutjss-245	262	18	decision	decision	NOUN
esutjss-245	262	19	,	,	PUNCT
esutjss-245	262	20	dividend	dividend	NOUN
esutjss-245	262	21	payout	payout	NOUN
esutjss-245	262	22	ratio	ratio	NOUN
esutjss-245	262	23	,	,	PUNCT
esutjss-245	262	24	and	and	CCONJ
esutjss-245	262	25	firm	firm	ADJ
esutjss-245	262	26	size	size	NOUN
esutjss-245	262	27	as	as	ADP
esutjss-245	262	28	independent	independent	ADJ
esutjss-245	262	29	variables	variable	NOUN
esutjss-245	262	30	.	.	PUNCT
esutjss-245	263	1	the	the	DET
esutjss-245	263	2	study	study	NOUN
esutjss-245	263	3	covered	cover	VERB
esutjss-245	263	4	a	a	DET
esutjss-245	263	5	period	period	NOUN
esutjss-245	263	6	of	of	ADP
esutjss-245	263	7	six	six	NUM
esutjss-245	263	8	years	year	NOUN
esutjss-245	263	9	(	(	PUNCT
esutjss-245	263	10	2013	2013	NUM
esutjss-245	263	11	-	-	SYM
esutjss-245	263	12	2018	2018	NUM
esutjss-245	263	13	)	)	PUNCT
esutjss-245	263	14	and	and	CCONJ
esutjss-245	263	15	used	use	VERB
esutjss-245	263	16	multiple	multiple	ADJ
esutjss-245	263	17	panel	panel	NOUN
esutjss-245	263	18	data	datum	NOUN
esutjss-245	263	19	regression	regression	NOUN
esutjss-245	263	20	for	for	ADP
esutjss-245	263	21	data	datum	NOUN
esutjss-245	263	22	analysis	analysis	NOUN
esutjss-245	263	23	.	.	PUNCT
esutjss-245	264	1	the	the	DET
esutjss-245	264	2	findings	finding	NOUN
esutjss-245	264	3	indicated	indicate	VERB
esutjss-245	264	4	that	that	SCONJ
esutjss-245	264	5	profitability	profitability	NOUN
esutjss-245	264	6	,	,	PUNCT
esutjss-245	264	7	funding	funding	NOUN
esutjss-245	264	8	decision	decision	NOUN
esutjss-245	264	9	,	,	PUNCT
esutjss-245	264	10	and	and	CCONJ
esutjss-245	264	11	dividend	dividend	NOUN
esutjss-245	264	12	policy	policy	NOUN
esutjss-245	264	13	have	have	VERB
esutjss-245	264	14	a	a	DET
esutjss-245	264	15	significant	significant	ADJ
esutjss-245	264	16	positive	positive	ADJ
esutjss-245	264	17	influence	influence	NOUN
esutjss-245	264	18	on	on	ADP
esutjss-245	264	19	firm	firm	ADJ
esutjss-245	264	20	value	value	NOUN
esutjss-245	264	21	of	of	ADP
esutjss-245	264	22	listed	list	VERB
esutjss-245	264	23	deposit	deposit	NOUN
esutjss-245	264	24	money	money	NOUN
esutjss-245	264	25	banks	bank	NOUN
esutjss-245	264	26	in	in	ADP
esutjss-245	264	27	nigeria	nigeria	PROPN
esutjss-245	264	28	,	,	PUNCT
esutjss-245	264	29	while	while	SCONJ
esutjss-245	264	30	investment	investment	NOUN
esutjss-245	264	31	decision	decision	NOUN
esutjss-245	264	32	had	have	VERB
esutjss-245	264	33	no	no	DET
esutjss-245	264	34	significant	significant	ADJ
esutjss-245	264	35	effect	effect	NOUN
esutjss-245	264	36	on	on	ADP
esutjss-245	264	37	firm	firm	ADJ
esutjss-245	264	38	value	value	NOUN
esutjss-245	264	39	.	.	PUNCT
esutjss-245	265	1	the	the	DET
esutjss-245	265	2	study	study	NOUN
esutjss-245	265	3	recommends	recommend	VERB
esutjss-245	265	4	that	that	SCONJ
esutjss-245	265	5	the	the	DET
esutjss-245	265	6	managers	manager	NOUN
esutjss-245	265	7	of	of	ADP
esutjss-245	265	8	deposit	deposit	NOUN
esutjss-245	265	9	money	money	NOUN
esutjss-245	265	10	banks	bank	NOUN
esutjss-245	265	11	in	in	ADP
esutjss-245	265	12	nigeria	nigeria	PROPN
esutjss-245	265	13	should	should	AUX
esutjss-245	265	14	focus	focus	VERB
esutjss-245	265	15	on	on	ADP
esutjss-245	265	16	improving	improve	VERB
esutjss-245	265	17	profitability	profitability	NOUN
esutjss-245	265	18	,	,	PUNCT
esutjss-245	265	19	maintaining	maintain	VERB
esutjss-245	265	20	an	an	DET
esutjss-245	265	21	optimal	optimal	ADJ
esutjss-245	265	22	level	level	NOUN
esutjss-245	265	23	of	of	ADP
esutjss-245	265	24	debt	debt	NOUN
esutjss-245	265	25	,	,	PUNCT
esutjss-245	265	26	and	and	CCONJ
esutjss-245	265	27	increasing	increase	VERB
esutjss-245	265	28	the	the	DET
esutjss-245	265	29	size	size	NOUN
esutjss-245	265	30	of	of	ADP
esutjss-245	265	31	the	the	DET
esutjss-245	265	32	firm	firm	NOUN
esutjss-245	265	33	to	to	PART
esutjss-245	265	34	enhance	enhance	VERB
esutjss-245	265	35	firm	firm	ADJ
esutjss-245	265	36	value	value	NOUN
esutjss-245	265	37	.	.	PUNCT
esutjss-245	266	1	sulaiman	sulaiman	PROPN
esutjss-245	266	2	,	,	PUNCT
esutjss-245	266	3	mijinyawa	mijinyawa	PROPN
esutjss-245	266	4	,	,	PUNCT
esutjss-245	266	5	and	and	CCONJ
esutjss-245	266	6	isa	isa	NOUN
esutjss-245	266	7	(	(	PUNCT
esutjss-245	266	8	2019	2019	NUM
esutjss-245	266	9	)	)	PUNCT
esutjss-245	266	10	investigated	investigate	VERB
esutjss-245	266	11	the	the	DET
esutjss-245	266	12	impact	impact	NOUN
esutjss-245	266	13	of	of	ADP
esutjss-245	266	14	financial	financial	ADJ
esutjss-245	266	15	performance	performance	NOUN
esutjss-245	266	16	,	,	PUNCT
esutjss-245	266	17	capital	capital	NOUN
esutjss-245	266	18	structure	structure	NOUN
esutjss-245	266	19	,	,	PUNCT
esutjss-245	266	20	and	and	CCONJ
esutjss-245	266	21	firm	firm	ADJ
esutjss-245	266	22	size	size	NOUN
esutjss-245	266	23	on	on	ADP
esutjss-245	266	24	the	the	DET
esutjss-245	266	25	value	value	NOUN
esutjss-245	266	26	of	of	ADP
esutjss-245	266	27	listed	list	VERB
esutjss-245	266	28	consumer	consumer	NOUN
esutjss-245	266	29	-	-	PUNCT
esutjss-245	266	30	goods	good	NOUN
esutjss-245	266	31	firms	firm	NOUN
esutjss-245	266	32	in	in	ADP
esutjss-245	266	33	nigeria	nigeria	PROPN
esutjss-245	266	34	over	over	ADP
esutjss-245	266	35	a	a	DET
esutjss-245	266	36	12	12	NUM
esutjss-245	266	37	-	-	PUNCT
esutjss-245	266	38	year	year	NOUN
esutjss-245	266	39	period	period	NOUN
esutjss-245	266	40	(	(	PUNCT
esutjss-245	266	41	2006	2006	NUM
esutjss-245	266	42	-	-	SYM
esutjss-245	266	43	2017	2017	NUM
esutjss-245	266	44	)	)	PUNCT
esutjss-245	266	45	.	.	PUNCT
esutjss-245	267	1	the	the	DET
esutjss-245	267	2	study	study	NOUN
esutjss-245	267	3	used	use	VERB
esutjss-245	267	4	return	return	NOUN
esutjss-245	267	5	on	on	ADP
esutjss-245	267	6	assets	asset	NOUN
esutjss-245	267	7	and	and	CCONJ
esutjss-245	267	8	return	return	VERB
esutjss-245	267	9	on	on	ADP
esutjss-245	267	10	equity	equity	NOUN
esutjss-245	267	11	to	to	ADP
esutjss-245	267	12	proxy	proxy	VERB
esutjss-245	267	13	financial	financial	ADJ
esutjss-245	267	14	performance	performance	NOUN
esutjss-245	267	15	,	,	PUNCT
esutjss-245	267	16	while	while	SCONJ
esutjss-245	267	17	short	short	ADJ
esutjss-245	267	18	-	-	PUNCT
esutjss-245	267	19	term	term	NOUN
esutjss-245	267	20	debt	debt	NOUN
esutjss-245	267	21	and	and	CCONJ
esutjss-245	267	22	long	long	ADJ
esutjss-245	267	23	-	-	PUNCT
esutjss-245	267	24	term	term	NOUN
esutjss-245	267	25	debt	debt	NOUN
esutjss-245	267	26	were	be	AUX
esutjss-245	267	27	used	use	VERB
esutjss-245	267	28	to	to	PART
esutjss-245	267	29	proxy	proxy	VERB
esutjss-245	267	30	financial	financial	ADJ
esutjss-245	267	31	leverage	leverage	NOUN
esutjss-245	267	32	.	.	PUNCT
esutjss-245	268	1	the	the	DET
esutjss-245	268	2	natural	natural	ADJ
esutjss-245	268	3	logarithm	logarithm	NOUN
esutjss-245	268	4	of	of	ADP
esutjss-245	268	5	total	total	ADJ
esutjss-245	268	6	assets	asset	NOUN
esutjss-245	268	7	was	be	AUX
esutjss-245	268	8	used	use	VERB
esutjss-245	268	9	to	to	PART
esutjss-245	268	10	proxy	proxy	VERB
esutjss-245	268	11	firm	firm	ADJ
esutjss-245	268	12	size	size	NOUN
esutjss-245	268	13	,	,	PUNCT
esutjss-245	268	14	and	and	CCONJ
esutjss-245	268	15	tobin	tobin	NOUN
esutjss-245	268	16	's	's	PART
esutjss-245	268	17	q	q	NOUN
esutjss-245	268	18	was	be	AUX
esutjss-245	268	19	used	use	VERB
esutjss-245	268	20	to	to	ADP
esutjss-245	268	21	proxy	proxy	ADJ
esutjss-245	268	22	firms	firm	NOUN
esutjss-245	268	23	'	'	PART
esutjss-245	268	24	value	value	NOUN
esutjss-245	268	25	,	,	PUNCT
esutjss-245	268	26	with	with	ADP
esutjss-245	268	27	firm	firm	ADJ
esutjss-245	268	28	growth	growth	NOUN
esutjss-245	268	29	as	as	ADP
esutjss-245	268	30	a	a	DET
esutjss-245	268	31	control	control	NOUN
esutjss-245	268	32	.	.	PUNCT
esutjss-245	269	1	the	the	DET
esutjss-245	269	2	study	study	NOUN
esutjss-245	269	3	employed	employ	VERB
esutjss-245	269	4	pooled	pool	VERB
esutjss-245	269	5	ordinary	ordinary	ADJ
esutjss-245	269	6	least	least	ADJ
esutjss-245	269	7	squares	square	NOUN
esutjss-245	269	8	and	and	CCONJ
esutjss-245	269	9	panel	panel	NOUN
esutjss-245	269	10	data	datum	NOUN
esutjss-245	269	11	estimators	estimator	NOUN
esutjss-245	269	12	,	,	PUNCT
esutjss-245	269	13	including	include	VERB
esutjss-245	269	14	fixed	fix	VERB
esutjss-245	269	15	effects	effect	NOUN
esutjss-245	269	16	and	and	CCONJ
esutjss-245	269	17	random	random	ADJ
esutjss-245	269	18	effects	effect	NOUN
esutjss-245	269	19	models	model	NOUN
esutjss-245	269	20	.	.	PUNCT
esutjss-245	270	1	the	the	DET
esutjss-245	270	2	findings	finding	NOUN
esutjss-245	270	3	indicate	indicate	VERB
esutjss-245	270	4	that	that	DET
esutjss-245	270	5	return	return	NOUN
esutjss-245	270	6	on	on	ADP
esutjss-245	270	7	assets	asset	NOUN
esutjss-245	270	8	,	,	PUNCT
esutjss-245	270	9	short	short	ADJ
esutjss-245	270	10	-	-	PUNCT
esutjss-245	270	11	term	term	NOUN
esutjss-245	270	12	debt	debt	NOUN
esutjss-245	270	13	,	,	PUNCT
esutjss-245	270	14	and	and	CCONJ
esutjss-245	270	15	long	long	ADJ
esutjss-245	270	16	-	-	PUNCT
esutjss-245	270	17	term	term	NOUN
esutjss-245	270	18	debt	debt	NOUN
esutjss-245	270	19	had	have	VERB
esutjss-245	270	20	a	a	DET
esutjss-245	270	21	positive	positive	ADJ
esutjss-245	270	22	and	and	CCONJ
esutjss-245	270	23	significant	significant	ADJ
esutjss-245	270	24	impact	impact	NOUN
esutjss-245	270	25	on	on	ADP
esutjss-245	270	26	tobin	tobin	PROPN
esutjss-245	270	27	's	's	PART
esutjss-245	270	28	q	q	X
esutjss-245	270	29	,	,	PUNCT
esutjss-245	270	30	while	while	SCONJ
esutjss-245	270	31	return	return	NOUN
esutjss-245	270	32	on	on	ADP
esutjss-245	270	33	equity	equity	NOUN
esutjss-245	270	34	had	have	VERB
esutjss-245	270	35	a	a	DET
esutjss-245	270	36	negative	negative	ADJ
esutjss-245	270	37	and	and	CCONJ
esutjss-245	270	38	significant	significant	ADJ
esutjss-245	270	39	impact	impact	NOUN
esutjss-245	270	40	on	on	ADP
esutjss-245	270	41	tobin	tobin	PROPN
esutjss-245	270	42	's	's	PART
esutjss-245	270	43	q.	q.	NOUN
esutjss-245	270	44	however	however	ADV
esutjss-245	270	45	,	,	PUNCT
esutjss-245	270	46	firm	firm	ADJ
esutjss-245	270	47	size	size	NOUN
esutjss-245	270	48	and	and	CCONJ
esutjss-245	270	49	firm	firm	ADJ
esutjss-245	270	50	growth	growth	NOUN
esutjss-245	270	51	had	have	VERB
esutjss-245	270	52	an	an	DET
esutjss-245	270	53	insignificant	insignificant	ADJ
esutjss-245	270	54	impact	impact	NOUN
esutjss-245	270	55	on	on	ADP
esutjss-245	270	56	tobin	tobin	PROPN
esutjss-245	270	57	's	's	PART
esutjss-245	270	58	q.	q.	NOUN
esutjss-245	270	59	the	the	DET
esutjss-245	270	60	study	study	NOUN
esutjss-245	270	61	concluded	conclude	VERB
esutjss-245	270	62	that	that	SCONJ
esutjss-245	270	63	the	the	DET
esutjss-245	270	64	independent	independent	ADJ
esutjss-245	270	65	variables	variable	NOUN
esutjss-245	270	66	had	have	VERB
esutjss-245	270	67	an	an	DET
esutjss-245	270	68	effect	effect	NOUN
esutjss-245	270	69	on	on	ADP
esutjss-245	270	70	the	the	DET
esutjss-245	270	71	dependent	dependent	ADJ
esutjss-245	270	72	variables	variable	NOUN
esutjss-245	270	73	,	,	PUNCT
esutjss-245	270	74	and	and	CCONJ
esutjss-245	270	75	it	it	PRON
esutjss-245	270	76	recommended	recommend	VERB
esutjss-245	270	77	that	that	SCONJ
esutjss-245	270	78	firms	firm	NOUN
esutjss-245	270	79	maintain	maintain	VERB
esutjss-245	270	80	the	the	DET
esutjss-245	270	81	use	use	NOUN
esutjss-245	270	82	of	of	ADP
esutjss-245	270	83	debt	debt	NOUN
esutjss-245	270	84	in	in	ADP
esutjss-245	270	85	their	their	PRON
esutjss-245	270	86	capital	capital	NOUN
esutjss-245	270	87	structure	structure	NOUN
esutjss-245	270	88	and	and	CCONJ
esutjss-245	270	89	improve	improve	VERB
esutjss-245	270	90	the	the	DET
esutjss-245	270	91	level	level	NOUN
esutjss-245	270	92	of	of	ADP
esutjss-245	270	93	total	total	ADJ
esutjss-245	270	94	assets	asset	NOUN
esutjss-245	270	95	to	to	PART
esutjss-245	270	96	enhance	enhance	VERB
esutjss-245	270	97	their	their	PRON
esutjss-245	270	98	value	value	NOUN
esutjss-245	270	99	.	.	PUNCT
esutjss-245	271	1	577	577	NUM
esutjss-245	271	2	shuaibu	shuaibu	NOUN
esutjss-245	271	3	,	,	PUNCT
esutjss-245	271	4	ali	ali	PROPN
esutjss-245	271	5	,	,	PUNCT
esutjss-245	271	6	and	and	CCONJ
esutjss-245	271	7	amin	amin	PROPN
esutjss-245	271	8	(	(	PUNCT
esutjss-245	271	9	2019	2019	NUM
esutjss-245	271	10	)	)	PUNCT
esutjss-245	271	11	conducted	conduct	VERB
esutjss-245	271	12	an	an	DET
esutjss-245	271	13	empirical	empirical	ADJ
esutjss-245	271	14	study	study	NOUN
esutjss-245	271	15	to	to	PART
esutjss-245	271	16	examine	examine	VERB
esutjss-245	271	17	the	the	DET
esutjss-245	271	18	impact	impact	NOUN
esutjss-245	271	19	of	of	ADP
esutjss-245	271	20	company	company	NOUN
esutjss-245	271	21	attributes	attribute	VERB
esutjss-245	271	22	on	on	ADP
esutjss-245	271	23	the	the	DET
esutjss-245	271	24	firm	firm	ADJ
esutjss-245	271	25	value	value	NOUN
esutjss-245	271	26	of	of	ADP
esutjss-245	271	27	listed	list	VERB
esutjss-245	271	28	consumer	consumer	NOUN
esutjss-245	271	29	goods	good	NOUN
esutjss-245	271	30	sector	sector	NOUN
esutjss-245	271	31	in	in	ADP
esutjss-245	271	32	nigeria	nigeria	PROPN
esutjss-245	271	33	over	over	ADP
esutjss-245	271	34	the	the	DET
esutjss-245	271	35	period	period	NOUN
esutjss-245	271	36	2005	2005	NUM
esutjss-245	271	37	to	to	ADP
esutjss-245	271	38	2014	2014	NUM
esutjss-245	271	39	.	.	PUNCT
esutjss-245	272	1	the	the	DET
esutjss-245	272	2	study	study	NOUN
esutjss-245	272	3	used	use	VERB
esutjss-245	272	4	secondary	secondary	ADJ
esutjss-245	272	5	data	datum	NOUN
esutjss-245	272	6	sources	source	NOUN
esutjss-245	272	7	and	and	CCONJ
esutjss-245	272	8	a	a	DET
esutjss-245	272	9	cluster	cluster	NOUN
esutjss-245	272	10	sampling	sample	VERB
esutjss-245	272	11	technique	technique	NOUN
esutjss-245	272	12	to	to	PART
esutjss-245	272	13	select	select	VERB
esutjss-245	272	14	the	the	DET
esutjss-245	272	15	sample	sample	NOUN
esutjss-245	272	16	.	.	PUNCT
esutjss-245	273	1	the	the	DET
esutjss-245	273	2	data	datum	NOUN
esutjss-245	273	3	was	be	AUX
esutjss-245	273	4	analyzed	analyze	VERB
esutjss-245	273	5	using	use	VERB
esutjss-245	273	6	shapiro	shapiro	PROPN
esutjss-245	273	7	wilk	wilk	PROPN
esutjss-245	273	8	test	test	PROPN
esutjss-245	273	9	and	and	CCONJ
esutjss-245	273	10	hausman	hausman	ADJ
esutjss-245	273	11	test	test	NOUN
esutjss-245	273	12	,	,	PUNCT
esutjss-245	273	13	and	and	CCONJ
esutjss-245	273	14	the	the	DET
esutjss-245	273	15	findings	finding	NOUN
esutjss-245	273	16	were	be	AUX
esutjss-245	273	17	analyzed	analyze	VERB
esutjss-245	273	18	using	use	VERB
esutjss-245	273	19	the	the	DET
esutjss-245	273	20	random	random	ADJ
esutjss-245	273	21	effects	effect	NOUN
esutjss-245	273	22	model	model	NOUN
esutjss-245	273	23	of	of	ADP
esutjss-245	273	24	regression	regression	NOUN
esutjss-245	273	25	analysis	analysis	NOUN
esutjss-245	273	26	with	with	ADP
esutjss-245	273	27	stata	stata	NOUN
esutjss-245	273	28	11.1	11.1	NUM
esutjss-245	273	29	software	software	NOUN
esutjss-245	273	30	.	.	PUNCT
esutjss-245	274	1	the	the	DET
esutjss-245	274	2	study	study	NOUN
esutjss-245	274	3	found	find	VERB
esutjss-245	274	4	that	that	SCONJ
esutjss-245	274	5	firm	firm	ADJ
esutjss-245	274	6	growth	growth	NOUN
esutjss-245	274	7	and	and	CCONJ
esutjss-245	274	8	size	size	NOUN
esutjss-245	274	9	had	have	VERB
esutjss-245	274	10	a	a	DET
esutjss-245	274	11	positive	positive	ADJ
esutjss-245	274	12	and	and	CCONJ
esutjss-245	274	13	significant	significant	ADJ
esutjss-245	274	14	impact	impact	NOUN
esutjss-245	274	15	on	on	ADP
esutjss-245	274	16	firm	firm	ADJ
esutjss-245	274	17	value	value	NOUN
esutjss-245	274	18	of	of	ADP
esutjss-245	274	19	the	the	DET
esutjss-245	274	20	sampled	sample	VERB
esutjss-245	274	21	consumer	consumer	NOUN
esutjss-245	274	22	goods	good	NOUN
esutjss-245	274	23	companies	company	NOUN
esutjss-245	274	24	in	in	ADP
esutjss-245	274	25	nigeria	nigeria	PROPN
esutjss-245	274	26	,	,	PUNCT
esutjss-245	274	27	while	while	SCONJ
esutjss-245	274	28	firm	firm	ADJ
esutjss-245	274	29	leverage	leverage	NOUN
esutjss-245	274	30	had	have	VERB
esutjss-245	274	31	a	a	DET
esutjss-245	274	32	positive	positive	ADJ
esutjss-245	274	33	relationship	relationship	NOUN
esutjss-245	274	34	with	with	ADP
esutjss-245	274	35	firm	firm	ADJ
esutjss-245	274	36	value	value	NOUN
esutjss-245	274	37	,	,	PUNCT
esutjss-245	274	38	but	but	CCONJ
esutjss-245	274	39	the	the	DET
esutjss-245	274	40	relationship	relationship	NOUN
esutjss-245	274	41	was	be	AUX
esutjss-245	274	42	not	not	PART
esutjss-245	274	43	significant	significant	ADJ
esutjss-245	274	44	.	.	PUNCT
esutjss-245	275	1	the	the	DET
esutjss-245	275	2	study	study	NOUN
esutjss-245	275	3	recommended	recommend	VERB
esutjss-245	275	4	that	that	SCONJ
esutjss-245	275	5	consumer	consumer	NOUN
esutjss-245	275	6	goods	good	NOUN
esutjss-245	275	7	companies	company	NOUN
esutjss-245	275	8	in	in	ADP
esutjss-245	275	9	nigeria	nigeria	PROPN
esutjss-245	275	10	adopt	adopt	VERB
esutjss-245	275	11	proper	proper	ADJ
esutjss-245	275	12	debt	debt	NOUN
esutjss-245	275	13	management	management	NOUN
esutjss-245	275	14	and	and	CCONJ
esutjss-245	275	15	appropriate	appropriate	ADJ
esutjss-245	275	16	capital	capital	NOUN
esutjss-245	275	17	structure	structure	NOUN
esutjss-245	275	18	,	,	PUNCT
esutjss-245	275	19	acquire	acquire	VERB
esutjss-245	275	20	a	a	DET
esutjss-245	275	21	reasonable	reasonable	ADJ
esutjss-245	275	22	amount	amount	NOUN
esutjss-245	275	23	of	of	ADP
esutjss-245	275	24	assets	asset	NOUN
esutjss-245	275	25	for	for	ADP
esutjss-245	275	26	efficient	efficient	ADJ
esutjss-245	275	27	and	and	CCONJ
esutjss-245	275	28	effective	effective	ADJ
esutjss-245	275	29	running	running	NOUN
esutjss-245	275	30	of	of	ADP
esutjss-245	275	31	the	the	DET
esutjss-245	275	32	company	company	NOUN
esutjss-245	275	33	,	,	PUNCT
esutjss-245	275	34	and	and	CCONJ
esutjss-245	275	35	increase	increase	VERB
esutjss-245	275	36	sales	sale	NOUN
esutjss-245	275	37	to	to	PART
esutjss-245	275	38	enhance	enhance	VERB
esutjss-245	275	39	the	the	DET
esutjss-245	275	40	firm	firm	NOUN
esutjss-245	275	41	's	's	PART
esutjss-245	275	42	value	value	NOUN
esutjss-245	275	43	and	and	CCONJ
esutjss-245	275	44	avoid	avoid	VERB
esutjss-245	275	45	bankruptcy	bankruptcy	NOUN
esutjss-245	275	46	.	.	PUNCT
esutjss-245	276	1	sampurna	sampurna	PROPN
esutjss-245	276	2	and	and	CCONJ
esutjss-245	276	3	romawati	romawati	PROPN
esutjss-245	276	4	(	(	PUNCT
esutjss-245	276	5	2020	2020	NUM
esutjss-245	276	6	)	)	PUNCT
esutjss-245	276	7	conducted	conduct	VERB
esutjss-245	276	8	an	an	DET
esutjss-245	276	9	empirical	empirical	ADJ
esutjss-245	276	10	study	study	NOUN
esutjss-245	276	11	to	to	PART
esutjss-245	276	12	examine	examine	VERB
esutjss-245	276	13	the	the	DET
esutjss-245	276	14	determinants	determinant	NOUN
esutjss-245	276	15	of	of	ADP
esutjss-245	276	16	firm	firm	ADJ
esutjss-245	276	17	value	value	NOUN
esutjss-245	276	18	of	of	ADP
esutjss-245	276	19	listed	list	VERB
esutjss-245	276	20	manufacturing	manufacturing	NOUN
esutjss-245	276	21	companies	company	NOUN
esutjss-245	276	22	in	in	ADP
esutjss-245	276	23	indonesia	indonesia	PROPN
esutjss-245	276	24	stock	stock	PROPN
esutjss-245	276	25	exchange	exchange	PROPN
esutjss-245	276	26	(	(	PUNCT
esutjss-245	276	27	idx	idx	PROPN
esutjss-245	276	28	)	)	PUNCT
esutjss-245	276	29	over	over	ADP
esutjss-245	276	30	a	a	DET
esutjss-245	276	31	fiveyear	fiveyear	NOUN
esutjss-245	276	32	period	period	NOUN
esutjss-245	276	33	.	.	PUNCT
esutjss-245	277	1	the	the	DET
esutjss-245	277	2	study	study	NOUN
esutjss-245	277	3	focused	focus	VERB
esutjss-245	277	4	on	on	ADP
esutjss-245	277	5	institutional	institutional	ADJ
esutjss-245	277	6	ownership	ownership	NOUN
esutjss-245	277	7	,	,	PUNCT
esutjss-245	277	8	firm	firm	ADJ
esutjss-245	277	9	size	size	NOUN
esutjss-245	277	10	,	,	PUNCT
esutjss-245	277	11	profitability	profitability	NOUN
esutjss-245	277	12	,	,	PUNCT
esutjss-245	277	13	leverage	leverage	NOUN
esutjss-245	277	14	,	,	PUNCT
esutjss-245	277	15	and	and	CCONJ
esutjss-245	277	16	investment	investment	NOUN
esutjss-245	277	17	opportunity	opportunity	NOUN
esutjss-245	277	18	set	set	VERB
esutjss-245	277	19	as	as	ADP
esutjss-245	277	20	determinants	determinant	NOUN
esutjss-245	277	21	of	of	ADP
esutjss-245	277	22	firm	firm	ADJ
esutjss-245	277	23	value	value	NOUN
esutjss-245	277	24	.	.	PUNCT
esutjss-245	278	1	the	the	DET
esutjss-245	278	2	sample	sample	NOUN
esutjss-245	278	3	comprised	comprise	VERB
esutjss-245	278	4	84	84	NUM
esutjss-245	278	5	manufacturing	manufacturing	NOUN
esutjss-245	278	6	companies	company	NOUN
esutjss-245	278	7	,	,	PUNCT
esutjss-245	278	8	and	and	CCONJ
esutjss-245	278	9	panel	panel	NOUN
esutjss-245	278	10	data	datum	NOUN
esutjss-245	278	11	analysis	analysis	NOUN
esutjss-245	278	12	was	be	AUX
esutjss-245	278	13	used	use	VERB
esutjss-245	278	14	for	for	ADP
esutjss-245	278	15	the	the	DET
esutjss-245	278	16	study	study	NOUN
esutjss-245	278	17	,	,	PUNCT
esutjss-245	278	18	resulting	result	VERB
esutjss-245	278	19	in	in	ADP
esutjss-245	278	20	420	420	NUM
esutjss-245	278	21	observations	observation	NOUN
esutjss-245	278	22	.	.	PUNCT
esutjss-245	279	1	the	the	DET
esutjss-245	279	2	results	result	NOUN
esutjss-245	279	3	showed	show	VERB
esutjss-245	279	4	that	that	SCONJ
esutjss-245	279	5	firm	firm	ADJ
esutjss-245	279	6	size	size	NOUN
esutjss-245	279	7	,	,	PUNCT
esutjss-245	279	8	return	return	VERB
esutjss-245	279	9	on	on	ADP
esutjss-245	279	10	assets	asset	NOUN
esutjss-245	279	11	,	,	PUNCT
esutjss-245	279	12	and	and	CCONJ
esutjss-245	279	13	market	market	NOUN
esutjss-245	279	14	-	-	PUNCT
esutjss-245	279	15	to	to	ADP
esutjss-245	279	16	-	-	PUNCT
esutjss-245	279	17	book	book	NOUN
esutjss-245	279	18	value	value	NOUN
esutjss-245	279	19	of	of	ADP
esutjss-245	279	20	equity	equity	NOUN
esutjss-245	279	21	had	have	VERB
esutjss-245	279	22	a	a	DET
esutjss-245	279	23	positive	positive	ADJ
esutjss-245	279	24	and	and	CCONJ
esutjss-245	279	25	significant	significant	ADJ
esutjss-245	279	26	impact	impact	NOUN
esutjss-245	279	27	on	on	ADP
esutjss-245	279	28	firm	firm	ADJ
esutjss-245	279	29	value	value	NOUN
esutjss-245	279	30	.	.	PUNCT
esutjss-245	280	1	however	however	ADV
esutjss-245	280	2	,	,	PUNCT
esutjss-245	280	3	debt	debt	NOUN
esutjss-245	280	4	-	-	PUNCT
esutjss-245	280	5	to	to	ADP
esutjss-245	280	6	-	-	PUNCT
esutjss-245	280	7	total	total	NOUN
esutjss-245	280	8	assets	asset	NOUN
esutjss-245	280	9	had	have	VERB
esutjss-245	280	10	a	a	DET
esutjss-245	280	11	negative	negative	ADJ
esutjss-245	280	12	and	and	CCONJ
esutjss-245	280	13	significant	significant	ADJ
esutjss-245	280	14	impact	impact	NOUN
esutjss-245	280	15	on	on	ADP
esutjss-245	280	16	firm	firm	ADJ
esutjss-245	280	17	value	value	NOUN
esutjss-245	280	18	.	.	PUNCT
esutjss-245	281	1	the	the	DET
esutjss-245	281	2	study	study	NOUN
esutjss-245	281	3	concludes	conclude	VERB
esutjss-245	281	4	that	that	SCONJ
esutjss-245	281	5	manufacturing	manufacture	VERB
esutjss-245	281	6	companies	company	NOUN
esutjss-245	281	7	in	in	ADP
esutjss-245	281	8	idx	idx	NOUN
esutjss-245	281	9	should	should	AUX
esutjss-245	281	10	maintain	maintain	VERB
esutjss-245	281	11	a	a	DET
esutjss-245	281	12	reasonable	reasonable	ADJ
esutjss-245	281	13	level	level	NOUN
esutjss-245	281	14	of	of	ADP
esutjss-245	281	15	debt	debt	NOUN
esutjss-245	281	16	to	to	PART
esutjss-245	281	17	avoid	avoid	VERB
esutjss-245	281	18	any	any	DET
esutjss-245	281	19	negative	negative	ADJ
esutjss-245	281	20	impact	impact	NOUN
esutjss-245	281	21	on	on	ADP
esutjss-245	281	22	firm	firm	ADJ
esutjss-245	281	23	value	value	NOUN
esutjss-245	281	24	and	and	CCONJ
esutjss-245	281	25	strive	strive	VERB
esutjss-245	281	26	to	to	PART
esutjss-245	281	27	increase	increase	VERB
esutjss-245	281	28	firm	firm	ADJ
esutjss-245	281	29	size	size	NOUN
esutjss-245	281	30	and	and	CCONJ
esutjss-245	281	31	profitability	profitability	NOUN
esutjss-245	281	32	to	to	PART
esutjss-245	281	33	enhance	enhance	VERB
esutjss-245	281	34	the	the	DET
esutjss-245	281	35	firm	firm	NOUN
esutjss-245	281	36	's	's	PART
esutjss-245	281	37	value	value	NOUN
esutjss-245	281	38	.	.	PUNCT
esutjss-245	282	1	oyeyemi	oyeyemi	PROPN
esutjss-245	282	2	,	,	PUNCT
esutjss-245	282	3	enyi	enyi	PROPN
esutjss-245	282	4	,	,	PUNCT
esutjss-245	282	5	and	and	CCONJ
esutjss-245	282	6	emmanuel	emmanuel	PROPN
esutjss-245	282	7	(	(	PUNCT
esutjss-245	282	8	2019	2019	NUM
esutjss-245	282	9	)	)	PUNCT
esutjss-245	282	10	investigated	investigate	VERB
esutjss-245	282	11	the	the	DET
esutjss-245	282	12	influence	influence	NOUN
esutjss-245	282	13	of	of	ADP
esutjss-245	282	14	shareholders	shareholder	NOUN
esutjss-245	282	15	’	'	PUNCT
esutjss-245	282	16	return	return	NOUN
esutjss-245	282	17	on	on	ADP
esutjss-245	282	18	the	the	DET
esutjss-245	282	19	value	value	NOUN
esutjss-245	282	20	of	of	ADP
esutjss-245	282	21	manufacturing	manufacturing	NOUN
esutjss-245	282	22	firms	firm	NOUN
esutjss-245	282	23	listed	list	VERB
esutjss-245	282	24	on	on	ADP
esutjss-245	282	25	the	the	DET
esutjss-245	282	26	nigerian	nigerian	ADJ
esutjss-245	282	27	stock	stock	NOUN
esutjss-245	282	28	exchange	exchange	PROPN
esutjss-245	282	29	.	.	PUNCT
esutjss-245	283	1	the	the	DET
esutjss-245	283	2	study	study	NOUN
esutjss-245	283	3	used	use	VERB
esutjss-245	283	4	annual	annual	ADJ
esutjss-245	283	5	reports	report	NOUN
esutjss-245	283	6	and	and	CCONJ
esutjss-245	283	7	accounts	account	NOUN
esutjss-245	283	8	of	of	ADP
esutjss-245	283	9	36	36	NUM
esutjss-245	283	10	selected	select	VERB
esutjss-245	283	11	firms	firm	NOUN
esutjss-245	283	12	for	for	ADP
esutjss-245	283	13	a	a	DET
esutjss-245	283	14	period	period	NOUN
esutjss-245	283	15	of	of	ADP
esutjss-245	283	16	20	20	NUM
esutjss-245	283	17	years	year	NOUN
esutjss-245	283	18	,	,	PUNCT
esutjss-245	283	19	between	between	ADP
esutjss-245	283	20	2007	2007	NUM
esutjss-245	283	21	and	and	CCONJ
esutjss-245	283	22	2016	2016	NUM
esutjss-245	283	23	,	,	PUNCT
esutjss-245	283	24	resulting	result	VERB
esutjss-245	283	25	in	in	ADP
esutjss-245	283	26	720	720	NUM
esutjss-245	283	27	firm	firm	ADJ
esutjss-245	283	28	year	year	NOUN
esutjss-245	283	29	observations	observation	NOUN
esutjss-245	283	30	.	.	PUNCT
esutjss-245	284	1	the	the	DET
esutjss-245	284	2	authors	author	NOUN
esutjss-245	284	3	employed	employ	VERB
esutjss-245	284	4	multivariate	multivariate	NOUN
esutjss-245	284	5	regression	regression	NOUN
esutjss-245	284	6	analysis	analysis	NOUN
esutjss-245	284	7	(	(	PUNCT
esutjss-245	284	8	fixed	fix	VERB
esutjss-245	284	9	effect	effect	NOUN
esutjss-245	284	10	)	)	PUNCT
esutjss-245	284	11	to	to	PART
esutjss-245	284	12	test	test	VERB
esutjss-245	284	13	the	the	DET
esutjss-245	284	14	relationship	relationship	NOUN
esutjss-245	284	15	between	between	ADP
esutjss-245	284	16	the	the	DET
esutjss-245	284	17	dependent	dependent	ADJ
esutjss-245	284	18	variable	variable	NOUN
esutjss-245	284	19	,	,	PUNCT
esutjss-245	284	20	market	market	NOUN
esutjss-245	284	21	capitalization	capitalization	NOUN
esutjss-245	284	22	,	,	PUNCT
esutjss-245	284	23	and	and	CCONJ
esutjss-245	284	24	independent	independent	ADJ
esutjss-245	284	25	variables	variable	NOUN
esutjss-245	284	26	such	such	ADJ
esutjss-245	284	27	as	as	ADP
esutjss-245	284	28	past	past	PROPN
esutjss-245	284	29	dividend	dividend	NOUN
esutjss-245	284	30	,	,	PUNCT
esutjss-245	284	31	agency	agency	NOUN
esutjss-245	284	32	cost	cost	NOUN
esutjss-245	284	33	,	,	PUNCT
esutjss-245	284	34	debt	debt	NOUN
esutjss-245	284	35	-	-	PUNCT
esutjss-245	284	36	equity	equity	NOUN
esutjss-245	284	37	ratio	ratio	NOUN
esutjss-245	284	38	,	,	PUNCT
esutjss-245	284	39	size	size	NOUN
esutjss-245	284	40	,	,	PUNCT
esutjss-245	284	41	earnings	earning	NOUN
esutjss-245	284	42	per	per	ADP
esutjss-245	284	43	share	share	NOUN
esutjss-245	284	44	,	,	PUNCT
esutjss-245	284	45	and	and	CCONJ
esutjss-245	284	46	sales	sale	NOUN
esutjss-245	284	47	growth	growth	NOUN
esutjss-245	284	48	.	.	PUNCT
esutjss-245	285	1	the	the	DET
esutjss-245	285	2	results	result	NOUN
esutjss-245	285	3	revealed	reveal	VERB
esutjss-245	285	4	that	that	SCONJ
esutjss-245	285	5	past	past	ADJ
esutjss-245	285	6	dividend	dividend	NOUN
esutjss-245	285	7	,	,	PUNCT
esutjss-245	285	8	agency	agency	NOUN
esutjss-245	285	9	cost	cost	NOUN
esutjss-245	285	10	,	,	PUNCT
esutjss-245	285	11	debt	debt	NOUN
esutjss-245	285	12	-	-	PUNCT
esutjss-245	285	13	equity	equity	NOUN
esutjss-245	285	14	ratio	ratio	NOUN
esutjss-245	285	15	,	,	PUNCT
esutjss-245	285	16	and	and	CCONJ
esutjss-245	285	17	size	size	NOUN
esutjss-245	285	18	have	have	VERB
esutjss-245	285	19	significant	significant	ADJ
esutjss-245	285	20	positive	positive	ADJ
esutjss-245	285	21	effects	effect	NOUN
esutjss-245	285	22	on	on	ADP
esutjss-245	285	23	the	the	DET
esutjss-245	285	24	market	market	NOUN
esutjss-245	285	25	capitalization	capitalization	NOUN
esutjss-245	285	26	of	of	ADP
esutjss-245	285	27	listed	list	VERB
esutjss-245	285	28	manufacturing	manufacturing	NOUN
esutjss-245	285	29	firms	firm	NOUN
esutjss-245	285	30	in	in	ADP
esutjss-245	285	31	nigeria	nigeria	PROPN
esutjss-245	285	32	.	.	PUNCT
esutjss-245	286	1	in	in	ADP
esutjss-245	286	2	contrast	contrast	NOUN
esutjss-245	286	3	,	,	PUNCT
esutjss-245	286	4	earnings	earning	NOUN
esutjss-245	286	5	per	per	ADP
esutjss-245	286	6	share	share	NOUN
esutjss-245	286	7	and	and	CCONJ
esutjss-245	286	8	sales	sale	NOUN
esutjss-245	286	9	growth	growth	NOUN
esutjss-245	286	10	had	have	VERB
esutjss-245	286	11	an	an	DET
esutjss-245	286	12	insignificant	insignificant	ADJ
esutjss-245	286	13	negative	negative	ADJ
esutjss-245	286	14	influence	influence	NOUN
esutjss-245	286	15	on	on	ADP
esutjss-245	286	16	the	the	DET
esutjss-245	286	17	value	value	NOUN
esutjss-245	286	18	of	of	ADP
esutjss-245	286	19	the	the	DET
esutjss-245	286	20	firm	firm	NOUN
esutjss-245	286	21	,	,	PUNCT
esutjss-245	286	22	although	although	SCONJ
esutjss-245	286	23	the	the	DET
esutjss-245	286	24	magnitude	magnitude	NOUN
esutjss-245	286	25	was	be	AUX
esutjss-245	286	26	immaterial	immaterial	ADJ
esutjss-245	286	27	.	.	PUNCT
esutjss-245	287	1	the	the	DET
esutjss-245	287	2	study	study	NOUN
esutjss-245	287	3	concludes	conclude	VERB
esutjss-245	287	4	that	that	SCONJ
esutjss-245	287	5	managers	manager	NOUN
esutjss-245	287	6	should	should	AUX
esutjss-245	287	7	prioritize	prioritize	VERB
esutjss-245	287	8	the	the	DET
esutjss-245	287	9	interests	interest	NOUN
esutjss-245	287	10	of	of	ADP
esutjss-245	287	11	key	key	ADJ
esutjss-245	287	12	stakeholders	stakeholder	NOUN
esutjss-245	287	13	,	,	PUNCT
esutjss-245	287	14	including	include	VERB
esutjss-245	287	15	shareholders	shareholder	NOUN
esutjss-245	287	16	,	,	PUNCT
esutjss-245	287	17	management	management	NOUN
esutjss-245	287	18	,	,	PUNCT
esutjss-245	287	19	employees	employee	NOUN
esutjss-245	287	20	,	,	PUNCT
esutjss-245	287	21	and	and	CCONJ
esutjss-245	287	22	loan	loan	NOUN
esutjss-245	287	23	holders	holder	NOUN
esutjss-245	287	24	,	,	PUNCT
esutjss-245	287	25	as	as	ADV
esutjss-245	287	26	well	well	ADV
esutjss-245	287	27	as	as	ADP
esutjss-245	287	28	the	the	DET
esutjss-245	287	29	growth	growth	NOUN
esutjss-245	287	30	and	and	CCONJ
esutjss-245	287	31	expansion	expansion	NOUN
esutjss-245	287	32	of	of	ADP
esutjss-245	287	33	the	the	DET
esutjss-245	287	34	business	business	NOUN
esutjss-245	287	35	,	,	PUNCT
esutjss-245	287	36	instead	instead	ADV
esutjss-245	287	37	of	of	ADP
esutjss-245	287	38	solely	solely	ADV
esutjss-245	287	39	relying	rely	VERB
esutjss-245	287	40	on	on	ADP
esutjss-245	287	41	the	the	DET
esutjss-245	287	42	signaling	signal	VERB
esutjss-245	287	43	effect	effect	NOUN
esutjss-245	287	44	of	of	ADP
esutjss-245	287	45	dividends	dividend	NOUN
esutjss-245	287	46	.	.	PUNCT
esutjss-245	288	1	methodology	methodology	NOUN
esutjss-245	288	2	research	research	NOUN
esutjss-245	288	3	design	design	NOUN
esutjss-245	288	4	in	in	ADP
esutjss-245	288	5	order	order	NOUN
esutjss-245	288	6	to	to	PART
esutjss-245	288	7	assess	assess	VERB
esutjss-245	288	8	the	the	DET
esutjss-245	288	9	effect	effect	NOUN
esutjss-245	288	10	of	of	ADP
esutjss-245	288	11	firm	firm	ADJ
esutjss-245	288	12	attributes	attribute	NOUN
esutjss-245	288	13	of	of	ADP
esutjss-245	288	14	financial	financial	ADJ
esutjss-245	288	15	performance	performance	NOUN
esutjss-245	288	16	of	of	ADP
esutjss-245	288	17	listed	list	VERB
esutjss-245	288	18	industrial	industrial	ADJ
esutjss-245	288	19	goods	good	NOUN
esutjss-245	288	20	firms	firm	NOUN
esutjss-245	288	21	in	in	ADP
esutjss-245	288	22	nigeria	nigeria	PROPN
esutjss-245	288	23	,	,	PUNCT
esutjss-245	288	24	the	the	DET
esutjss-245	288	25	current	current	ADJ
esutjss-245	288	26	study	study	NOUN
esutjss-245	288	27	employed	employ	VERB
esutjss-245	288	28	an	an	DET
esutjss-245	288	29	ex	ex	NOUN
esutjss-245	288	30	-	-	ADJ
esutjss-245	288	31	post	post	ADJ
esutjss-245	288	32	-	-	ADJ
esutjss-245	288	33	facto	facto	ADJ
esutjss-245	288	34	research	research	NOUN
esutjss-245	288	35	design	design	NOUN
esutjss-245	288	36	.	.	PUNCT
esutjss-245	289	1	this	this	DET
esutjss-245	289	2	type	type	NOUN
esutjss-245	289	3	of	of	ADP
esutjss-245	289	4	research	research	NOUN
esutjss-245	289	5	design	design	NOUN
esutjss-245	289	6	is	be	AUX
esutjss-245	289	7	commonly	commonly	ADV
esutjss-245	289	8	used	use	VERB
esutjss-245	289	9	to	to	PART
esutjss-245	289	10	examine	examine	VERB
esutjss-245	289	11	the	the	DET
esutjss-245	289	12	correlation	correlation	NOUN
esutjss-245	289	13	between	between	ADP
esutjss-245	289	14	variables	variable	NOUN
esutjss-245	289	15	and	and	CCONJ
esutjss-245	289	16	identify	identify	VERB
esutjss-245	289	17	factors	factor	NOUN
esutjss-245	289	18	that	that	PRON
esutjss-245	289	19	are	be	AUX
esutjss-245	289	20	linked	link	VERB
esutjss-245	289	21	to	to	ADP
esutjss-245	289	22	specific	specific	ADJ
esutjss-245	289	23	occurrences	occurrence	NOUN
esutjss-245	289	24	,	,	PUNCT
esutjss-245	289	25	conditions	condition	NOUN
esutjss-245	289	26	,	,	PUNCT
esutjss-245	289	27	events	event	NOUN
esutjss-245	289	28	,	,	PUNCT
esutjss-245	289	29	or	or	CCONJ
esutjss-245	289	30	behavior	behavior	NOUN
esutjss-245	289	31	by	by	ADP
esutjss-245	289	32	analyzing	analyze	VERB
esutjss-245	289	33	preexisting	preexist	VERB
esutjss-245	289	34	data	datum	NOUN
esutjss-245	289	35	or	or	CCONJ
esutjss-245	289	36	past	past	ADJ
esutjss-245	289	37	events	event	NOUN
esutjss-245	289	38	.	.	PUNCT
esutjss-245	290	1	the	the	DET
esutjss-245	290	2	ex	ex	NOUN
esutjss-245	290	3	-	-	ADJ
esutjss-245	290	4	post	post	ADJ
esutjss-245	290	5	-	-	ADJ
esutjss-245	290	6	facto	facto	ADJ
esutjss-245	290	7	research	research	NOUN
esutjss-245	290	8	design	design	NOUN
esutjss-245	290	9	was	be	AUX
esutjss-245	290	10	selected	select	VERB
esutjss-245	290	11	for	for	ADP
esutjss-245	290	12	this	this	DET
esutjss-245	290	13	study	study	NOUN
esutjss-245	290	14	because	because	SCONJ
esutjss-245	290	15	the	the	DET
esutjss-245	290	16	events	event	NOUN
esutjss-245	290	17	being	be	AUX
esutjss-245	290	18	examined	examine	VERB
esutjss-245	290	19	had	have	AUX
esutjss-245	290	20	already	already	ADV
esutjss-245	290	21	occurred	occur	VERB
esutjss-245	290	22	in	in	ADP
esutjss-245	290	23	the	the	DET
esutjss-245	290	24	past	past	NOUN
esutjss-245	290	25	.	.	PUNCT
esutjss-245	291	1	population	population	NOUN
esutjss-245	291	2	of	of	ADP
esutjss-245	291	3	the	the	DET
esutjss-245	291	4	study	study	NOUN
esutjss-245	291	5	578	578	NUM
esutjss-245	291	6	the	the	DET
esutjss-245	291	7	population	population	NOUN
esutjss-245	291	8	of	of	ADP
esutjss-245	291	9	the	the	DET
esutjss-245	291	10	study	study	NOUN
esutjss-245	291	11	constitutes	constitute	VERB
esutjss-245	291	12	all	all	DET
esutjss-245	291	13	the	the	DET
esutjss-245	291	14	listed	list	VERB
esutjss-245	291	15	industrial	industrial	ADJ
esutjss-245	291	16	goods	good	NOUN
esutjss-245	291	17	firms	firm	NOUN
esutjss-245	291	18	in	in	ADP
esutjss-245	291	19	nigeria	nigeria	PROPN
esutjss-245	291	20	exchange	exchange	PROPN
esutjss-245	291	21	group	group	NOUN
esutjss-245	291	22	(	(	PUNCT
esutjss-245	291	23	ngx	ngx	PROPN
esutjss-245	291	24	)	)	PUNCT
esutjss-245	291	25	,	,	PUNCT
esutjss-245	291	26	the	the	DET
esutjss-245	291	27	listed	list	VERB
esutjss-245	291	28	industrial	industrial	ADJ
esutjss-245	291	29	goods	good	NOUN
esutjss-245	291	30	firms	firm	NOUN
esutjss-245	291	31	are	be	AUX
esutjss-245	291	32	thirteen	thirteen	NUM
esutjss-245	291	33	(	(	PUNCT
esutjss-245	291	34	13	13	NUM
esutjss-245	291	35	)	)	PUNCT
esutjss-245	291	36	as	as	ADP
esutjss-245	291	37	at	at	ADP
esutjss-245	291	38	31st	31st	PROPN
esutjss-245	291	39	december	december	PROPN
esutjss-245	291	40	,	,	PUNCT
esutjss-245	291	41	2023	2023	NUM
esutjss-245	291	42	and	and	CCONJ
esutjss-245	291	43	are	be	AUX
esutjss-245	291	44	as	as	SCONJ
esutjss-245	291	45	follows	follow	VERB
esutjss-245	291	46	;	;	PUNCT
esutjss-245	291	47	population	population	NOUN
esutjss-245	291	48	of	of	ADP
esutjss-245	291	49	the	the	DET
esutjss-245	291	50	study	study	NOUN
esutjss-245	291	51	1	1	NUM
esutjss-245	291	52	.	.	PUNCT
esutjss-245	292	1	austin	austin	PROPN
esutjss-245	292	2	laz	laz	PROPN
esutjss-245	292	3	&	&	CCONJ
esutjss-245	292	4	company	company	PROPN
esutjss-245	292	5	plc	plc	PROPN
esutjss-245	292	6	.	.	PROPN
esutjss-245	293	1	2	2	NUM
esutjss-245	293	2	.	.	PUNCT
esutjss-245	293	3	berger	berger	PROPN
esutjss-245	293	4	paints	paints	PROPN
esutjss-245	293	5	plc	plc	PROPN
esutjss-245	293	6	.	.	PROPN
esutjss-245	294	1	3	3	X
esutjss-245	294	2	.	.	X
esutjss-245	294	3	beta	beta	ADJ
esutjss-245	294	4	glass	glass	PROPN
esutjss-245	294	5	plc	plc	PROPN
esutjss-245	294	6	.	.	PROPN
esutjss-245	295	1	4	4	X
esutjss-245	295	2	.	.	X
esutjss-245	295	3	bua	bua	PROPN
esutjss-245	295	4	cement	cement	PROPN
esutjss-245	295	5	plc	plc	PROPN
esutjss-245	295	6	.	.	PROPN
esutjss-245	296	1	5	5	NUM
esutjss-245	296	2	.	.	X
esutjss-245	296	3	cap	cap	PROPN
esutjss-245	296	4	plc	plc	PROPN
esutjss-245	296	5	.	.	PROPN
esutjss-245	297	1	6	6	NUM
esutjss-245	297	2	.	.	X
esutjss-245	297	3	cutix	cutix	PROPN
esutjss-245	297	4	plc	plc	PROPN
esutjss-245	297	5	.	.	PROPN
esutjss-245	298	1	7	7	X
esutjss-245	298	2	.	.	X
esutjss-245	298	3	dangote	dangote	PROPN
esutjss-245	298	4	cement	cement	PROPN
esutjss-245	298	5	plc	plc	PROPN
esutjss-245	298	6	.	.	PROPN
esutjss-245	298	7	8	8	NUM
esutjss-245	298	8	.	.	PUNCT
esutjss-245	299	1	greif	greif	PROPN
esutjss-245	299	2	nigeria	nigeria	PROPN
esutjss-245	299	3	plc	plc	PROPN
esutjss-245	299	4	.	.	PROPN
esutjss-245	300	1	9	9	X
esutjss-245	300	2	.	.	X
esutjss-245	300	3	lafarge	lafarge	PROPN
esutjss-245	300	4	africa	africa	PROPN
esutjss-245	300	5	plc	plc	PROPN
esutjss-245	300	6	.	.	PROPN
esutjss-245	301	1	10	10	NUM
esutjss-245	301	2	.	.	PUNCT
esutjss-245	302	1	meyer	meyer	PROPN
esutjss-245	302	2	plc	plc	PROPN
esutjss-245	302	3	.	.	PROPN
esutjss-245	302	4	11	11	NUM
esutjss-245	302	5	.	.	X
esutjss-245	303	1	notore	notore	NOUN
esutjss-245	303	2	chemical	chemical	ADJ
esutjss-245	303	3	ind	ind	PROPN
esutjss-245	303	4	.	.	PUNCT
esutjss-245	304	1	plc	plc	PROPN
esutjss-245	304	2	.	.	PROPN
esutjss-245	305	1	12	12	NUM
esutjss-245	305	2	.	.	PUNCT
esutjss-245	306	1	premier	premier	PROPN
esutjss-245	306	2	paints	paints	PROPN
esutjss-245	306	3	plc	plc	PROPN
esutjss-245	306	4	.	.	PROPN
esutjss-245	307	1	13	13	NUM
esutjss-245	307	2	.	.	PUNCT
esutjss-245	307	3	tripple	tripple	PROPN
esutjss-245	307	4	gee	gee	PROPN
esutjss-245	307	5	and	and	CCONJ
esutjss-245	307	6	company	company	PROPN
esutjss-245	307	7	plc	plc	PROPN
esutjss-245	307	8	.	.	PROPN
esutjss-245	308	1	source	source	PROPN
esutjss-245	308	2	:	:	PUNCT
esutjss-245	308	3	nigeria	nigeria	PROPN
esutjss-245	308	4	exchange	exchange	PROPN
esutjss-245	308	5	group	group	NOUN
esutjss-245	308	6	(	(	PUNCT
esutjss-245	308	7	2021	2021	NUM
esutjss-245	308	8	)	)	PUNCT
esutjss-245	308	9	sample	sample	NOUN
esutjss-245	308	10	size	size	NOUN
esutjss-245	308	11	and	and	CCONJ
esutjss-245	308	12	sampling	sample	VERB
esutjss-245	308	13	technique	technique	NOUN
esutjss-245	308	14	a	a	DET
esutjss-245	308	15	purposive	purposive	ADJ
esutjss-245	308	16	sampling	sampling	NOUN
esutjss-245	308	17	technique	technique	NOUN
esutjss-245	308	18	was	be	AUX
esutjss-245	308	19	employed	employ	VERB
esutjss-245	308	20	to	to	PART
esutjss-245	308	21	select	select	VERB
esutjss-245	308	22	a	a	DET
esutjss-245	308	23	sample	sample	NOUN
esutjss-245	308	24	size	size	NOUN
esutjss-245	308	25	of	of	ADP
esutjss-245	308	26	5	5	NUM
esutjss-245	308	27	firms	firm	NOUN
esutjss-245	308	28	from	from	ADP
esutjss-245	308	29	a	a	DET
esutjss-245	308	30	population	population	NOUN
esutjss-245	308	31	of	of	ADP
esutjss-245	308	32	13	13	NUM
esutjss-245	308	33	firms	firm	NOUN
esutjss-245	308	34	.	.	PUNCT
esutjss-245	309	1	this	this	DET
esutjss-245	309	2	sampling	sample	VERB
esutjss-245	309	3	approach	approach	NOUN
esutjss-245	309	4	enables	enable	VERB
esutjss-245	309	5	the	the	DET
esutjss-245	309	6	selection	selection	NOUN
esutjss-245	309	7	of	of	ADP
esutjss-245	309	8	firms	firm	NOUN
esutjss-245	309	9	that	that	PRON
esutjss-245	309	10	possess	possess	VERB
esutjss-245	309	11	complete	complete	ADJ
esutjss-245	309	12	data	datum	NOUN
esutjss-245	309	13	for	for	ADP
esutjss-245	309	14	the	the	DET
esutjss-245	309	15	period	period	NOUN
esutjss-245	309	16	spanning	span	VERB
esutjss-245	309	17	from	from	ADP
esutjss-245	309	18	2014	2014	NUM
esutjss-245	309	19	to	to	ADP
esutjss-245	309	20	2023	2023	NUM
esutjss-245	309	21	,	,	PUNCT
esutjss-245	309	22	as	as	ADV
esutjss-245	309	23	well	well	ADV
esutjss-245	309	24	as	as	ADP
esutjss-245	309	25	firms	firm	NOUN
esutjss-245	309	26	that	that	PRON
esutjss-245	309	27	were	be	AUX
esutjss-245	309	28	listed	list	VERB
esutjss-245	309	29	during	during	ADP
esutjss-245	309	30	the	the	DET
esutjss-245	309	31	2014	2014	NUM
esutjss-245	309	32	accounting	accounting	NOUN
esutjss-245	309	33	period	period	NOUN
esutjss-245	309	34	.	.	PUNCT
esutjss-245	310	1	this	this	DET
esutjss-245	310	2	sampling	sampling	NOUN
esutjss-245	310	3	method	method	NOUN
esutjss-245	310	4	was	be	AUX
esutjss-245	310	5	chosen	choose	VERB
esutjss-245	310	6	based	base	VERB
esutjss-245	310	7	on	on	ADP
esutjss-245	310	8	the	the	DET
esutjss-245	310	9	5	5	NUM
esutjss-245	310	10	firms	firm	NOUN
esutjss-245	310	11	with	with	ADP
esutjss-245	310	12	the	the	DET
esutjss-245	310	13	highest	high	ADJ
esutjss-245	310	14	average	average	ADJ
esutjss-245	310	15	gross	gross	ADJ
esutjss-245	310	16	domestic	domestic	ADJ
esutjss-245	310	17	product	product	NOUN
esutjss-245	310	18	from	from	ADP
esutjss-245	310	19	2014	2014	NUM
esutjss-245	310	20	to	to	ADP
esutjss-245	310	21	2023	2023	NUM
esutjss-245	310	22	.	.	PUNCT
esutjss-245	311	1	sample	sample	NOUN
esutjss-245	311	2	size	size	NOUN
esutjss-245	311	3	of	of	ADP
esutjss-245	311	4	the	the	DET
esutjss-245	311	5	study	study	NOUN
esutjss-245	311	6	1	1	NUM
esutjss-245	311	7	.	.	PUNCT
esutjss-245	312	1	berger	berger	PROPN
esutjss-245	312	2	paints	paints	PROPN
esutjss-245	312	3	plc	plc	PROPN
esutjss-245	312	4	.	.	PROPN
esutjss-245	313	1	2	2	NUM
esutjss-245	313	2	.	.	X
esutjss-245	313	3	cap	cap	PROPN
esutjss-245	313	4	plc	plc	PROPN
esutjss-245	313	5	.	.	PROPN
esutjss-245	314	1	3	3	X
esutjss-245	314	2	.	.	X
esutjss-245	314	3	dangote	dangote	PROPN
esutjss-245	314	4	cement	cement	PROPN
esutjss-245	314	5	plc	plc	PROPN
esutjss-245	314	6	.	.	PROPN
esutjss-245	315	1	4	4	X
esutjss-245	315	2	.	.	X
esutjss-245	315	3	lafarge	lafarge	PROPN
esutjss-245	315	4	africa	africa	PROPN
esutjss-245	315	5	plc	plc	PROPN
esutjss-245	315	6	.	.	PROPN
esutjss-245	316	1	5	5	NUM
esutjss-245	316	2	.	.	PUNCT
esutjss-245	316	3	meyer	meyer	PROPN
esutjss-245	316	4	plc	plc	PROPN
esutjss-245	316	5	.	.	PROPN
esutjss-245	316	6	instrument	instrument	PROPN
esutjss-245	316	7	for	for	ADP
esutjss-245	316	8	data	data	NOUN
esutjss-245	316	9	collection	collection	NOUN
esutjss-245	316	10	the	the	DET
esutjss-245	316	11	data	data	NOUN
esutjss-245	316	12	collection	collection	NOUN
esutjss-245	316	13	instrument	instrument	NOUN
esutjss-245	316	14	employed	employ	VERB
esutjss-245	316	15	in	in	ADP
esutjss-245	316	16	this	this	DET
esutjss-245	316	17	study	study	NOUN
esutjss-245	316	18	consisted	consist	VERB
esutjss-245	316	19	solely	solely	ADV
esutjss-245	316	20	of	of	ADP
esutjss-245	316	21	secondary	secondary	ADJ
esutjss-245	316	22	sources	source	NOUN
esutjss-245	316	23	.	.	PUNCT
esutjss-245	317	1	the	the	DET
esutjss-245	317	2	researcher	researcher	NOUN
esutjss-245	317	3	exclusively	exclusively	ADV
esutjss-245	317	4	utilized	utilize	VERB
esutjss-245	317	5	annual	annual	ADJ
esutjss-245	317	6	reports	report	NOUN
esutjss-245	317	7	,	,	PUNCT
esutjss-245	317	8	financial	financial	ADJ
esutjss-245	317	9	statements	statement	NOUN
esutjss-245	317	10	,	,	PUNCT
esutjss-245	317	11	and	and	CCONJ
esutjss-245	317	12	accounts	account	VERB
esutjss-245	317	13	to	to	PART
esutjss-245	317	14	conduct	conduct	VERB
esutjss-245	317	15	their	their	PRON
esutjss-245	317	16	research	research	NOUN
esutjss-245	317	17	.	.	PUNCT
esutjss-245	318	1	these	these	DET
esutjss-245	318	2	reports	report	NOUN
esutjss-245	318	3	were	be	AUX
esutjss-245	318	4	instrumental	instrumental	ADJ
esutjss-245	318	5	in	in	ADP
esutjss-245	318	6	calculating	calculate	VERB
esutjss-245	318	7	all	all	DET
esutjss-245	318	8	the	the	DET
esutjss-245	318	9	variables	variable	NOUN
esutjss-245	318	10	,	,	PUNCT
esutjss-245	318	11	including	include	VERB
esutjss-245	318	12	both	both	CCONJ
esutjss-245	318	13	independent	independent	ADJ
esutjss-245	318	14	and	and	CCONJ
esutjss-245	318	15	dependent	dependent	ADJ
esutjss-245	318	16	variables	variable	NOUN
esutjss-245	318	17	,	,	PUNCT
esutjss-245	318	18	for	for	ADP
esutjss-245	318	19	a	a	DET
esutjss-245	318	20	period	period	NOUN
esutjss-245	318	21	of	of	ADP
esutjss-245	318	22	ten	ten	NUM
esutjss-245	318	23	years	year	NOUN
esutjss-245	318	24	(	(	PUNCT
esutjss-245	318	25	2014	2014	NUM
esutjss-245	318	26	to	to	ADP
esutjss-245	318	27	2023	2023	NUM
esutjss-245	318	28	)	)	PUNCT
esutjss-245	318	29	from	from	ADP
esutjss-245	318	30	five	five	NUM
esutjss-245	318	31	selected	select	VERB
esutjss-245	318	32	listed	list	VERB
esutjss-245	318	33	industrial	industrial	ADJ
esutjss-245	318	34	goods	good	NOUN
esutjss-245	318	35	firms	firm	NOUN
esutjss-245	318	36	in	in	ADP
esutjss-245	318	37	nigeria	nigeria	PROPN
esutjss-245	318	38	.	.	PUNCT
esutjss-245	319	1	3.6	3.6	NUM
esutjss-245	319	2	validity	validity	NOUN
esutjss-245	319	3	and	and	CCONJ
esutjss-245	319	4	reliability	reliability	NOUN
esutjss-245	319	5	of	of	ADP
esutjss-245	319	6	research	research	NOUN
esutjss-245	319	7	instrument	instrument	NOUN
esutjss-245	319	8	validity	validity	NOUN
esutjss-245	319	9	examines	examine	VERB
esutjss-245	319	10	the	the	DET
esutjss-245	319	11	degree	degree	NOUN
esutjss-245	319	12	to	to	PART
esutjss-245	319	13	which	which	PRON
esutjss-245	319	14	a	a	DET
esutjss-245	319	15	measure	measure	NOUN
esutjss-245	319	16	corresponds	correspond	VERB
esutjss-245	319	17	to	to	ADP
esutjss-245	319	18	anticipated	anticipate	VERB
esutjss-245	319	19	relationships	relationship	NOUN
esutjss-245	319	20	among	among	ADP
esutjss-245	319	21	variables	variable	NOUN
esutjss-245	319	22	within	within	ADP
esutjss-245	319	23	a	a	DET
esutjss-245	319	24	theoretical	theoretical	ADJ
esutjss-245	319	25	framework	framework	NOUN
esutjss-245	319	26	.	.	PUNCT
esutjss-245	320	1	in	in	ADP
esutjss-245	320	2	more	more	ADV
esutjss-245	320	3	straightforward	straightforward	ADJ
esutjss-245	320	4	language	language	NOUN
esutjss-245	320	5	,	,	PUNCT
esutjss-245	320	6	it	it	PRON
esutjss-245	320	7	gauges	gauge	VERB
esutjss-245	320	8	whether	whether	SCONJ
esutjss-245	320	9	an	an	DET
esutjss-245	320	10	instrument	instrument	NOUN
esutjss-245	320	11	effectively	effectively	ADV
esutjss-245	320	12	measures	measure	VERB
esutjss-245	320	13	its	its	PRON
esutjss-245	320	14	intended	intend	VERB
esutjss-245	320	15	aspects	aspect	NOUN
esutjss-245	320	16	and	and	CCONJ
esutjss-245	320	17	operates	operate	VERB
esutjss-245	320	18	as	as	SCONJ
esutjss-245	320	19	intended	intend	VERB
esutjss-245	320	20	.	.	PUNCT
esutjss-245	321	1	attaining	attain	VERB
esutjss-245	321	2	100	100	NUM
esutjss-245	321	3	%	%	NOUN
esutjss-245	321	4	validity	validity	NOUN
esutjss-245	321	5	is	be	AUX
esutjss-245	321	6	nearly	nearly	ADV
esutjss-245	321	7	impossible	impossible	ADJ
esutjss-245	321	8	,	,	PUNCT
esutjss-245	321	9	given	give	VERB
esutjss-245	321	10	that	that	DET
esutjss-245	321	11	validity	validity	NOUN
esutjss-245	321	12	is	be	AUX
esutjss-245	321	13	assessed	assess	VERB
esutjss-245	321	14	on	on	ADP
esutjss-245	321	15	a	a	DET
esutjss-245	321	16	scale	scale	NOUN
esutjss-245	321	17	.	.	PUNCT
esutjss-245	322	1	researchers	researcher	NOUN
esutjss-245	322	2	employ	employ	VERB
esutjss-245	322	3	data	datum	NOUN
esutjss-245	322	4	collection	collection	NOUN
esutjss-245	322	5	and	and	CCONJ
esutjss-245	322	6	analysis	analysis	NOUN
esutjss-245	322	7	to	to	PART
esutjss-245	322	8	appraise	appraise	VERB
esutjss-245	322	9	the	the	DET
esutjss-245	322	10	precision	precision	NOUN
esutjss-245	322	11	of	of	ADP
esutjss-245	322	12	their	their	PRON
esutjss-245	322	13	instruments	instrument	NOUN
esutjss-245	322	14	.	.	PUNCT
esutjss-245	323	1	conversely	conversely	ADV
esutjss-245	323	2	,	,	PUNCT
esutjss-245	323	3	reliability	reliability	NOUN
esutjss-245	323	4	concerns	concern	VERB
esutjss-245	323	5	the	the	DET
esutjss-245	323	6	consistency	consistency	NOUN
esutjss-245	323	7	of	of	ADP
esutjss-245	323	8	the	the	DET
esutjss-245	323	9	instrument	instrument	NOUN
esutjss-245	323	10	employed	employ	VERB
esutjss-245	323	11	for	for	ADP
esutjss-245	323	12	measuring	measure	VERB
esutjss-245	323	13	research	research	NOUN
esutjss-245	323	14	data	datum	NOUN
esutjss-245	323	15	.	.	PUNCT
esutjss-245	324	1	although	although	SCONJ
esutjss-245	324	2	determining	determine	VERB
esutjss-245	324	3	reliability	reliability	NOUN
esutjss-245	324	4	can	can	AUX
esutjss-245	324	5	be	be	AUX
esutjss-245	324	6	highly	highly	ADV
esutjss-245	324	7	intricate	intricate	ADJ
esutjss-245	324	8	or	or	CCONJ
esutjss-245	324	9	even	even	ADV
esutjss-245	324	10	unattainable	unattainable	ADJ
esutjss-245	324	11	,	,	PUNCT
esutjss-245	324	12	researchers	researcher	NOUN
esutjss-245	324	13	commonly	commonly	ADV
esutjss-245	324	14	employ	employ	VERB
esutjss-245	324	15	four	four	NUM
esutjss-245	324	16	general	general	ADJ
esutjss-245	324	17	estimates	estimate	NOUN
esutjss-245	324	18	in	in	ADP
esutjss-245	324	19	reliability	reliability	NOUN
esutjss-245	324	20	testing	testing	NOUN
esutjss-245	324	21	.	.	PUNCT
esutjss-245	325	1	579	579	NUM
esutjss-245	325	2	1	1	NUM
esutjss-245	325	3	.	.	PUNCT
esutjss-245	325	4	inter	inter	ADJ
esutjss-245	325	5	-	-	ADJ
esutjss-245	325	6	rater	rater	ADJ
esutjss-245	325	7	/	/	SYM
esutjss-245	325	8	observer	observer	NOUN
esutjss-245	325	9	reliability	reliability	NOUN
esutjss-245	325	10	:	:	PUNCT
esutjss-245	325	11	this	this	DET
esutjss-245	325	12	measure	measure	NOUN
esutjss-245	325	13	assesses	assess	VERB
esutjss-245	325	14	the	the	DET
esutjss-245	325	15	degree	degree	NOUN
esutjss-245	325	16	to	to	PART
esutjss-245	325	17	which	which	PRON
esutjss-245	325	18	different	different	ADJ
esutjss-245	325	19	raters	rater	NOUN
esutjss-245	325	20	/	/	SYM
esutjss-245	325	21	observers	observer	NOUN
esutjss-245	325	22	provide	provide	VERB
esutjss-245	325	23	consistent	consistent	ADJ
esutjss-245	325	24	answers	answer	NOUN
esutjss-245	325	25	to	to	ADP
esutjss-245	325	26	the	the	DET
esutjss-245	325	27	same	same	ADJ
esutjss-245	325	28	estimates	estimate	NOUN
esutjss-245	325	29	.	.	PUNCT
esutjss-245	326	1	2	2	X
esutjss-245	326	2	.	.	X
esutjss-245	326	3	test	test	NOUN
esutjss-245	326	4	reliability	reliability	NOUN
esutjss-245	326	5	:	:	PUNCT
esutjss-245	326	6	test	test	NOUN
esutjss-245	326	7	reliability	reliability	NOUN
esutjss-245	326	8	examines	examine	VERB
esutjss-245	326	9	the	the	DET
esutjss-245	326	10	consistency	consistency	NOUN
esutjss-245	326	11	of	of	ADP
esutjss-245	326	12	a	a	DET
esutjss-245	326	13	measure	measure	NOUN
esutjss-245	326	14	over	over	ADP
esutjss-245	326	15	time	time	NOUN
esutjss-245	326	16	,	,	PUNCT
esutjss-245	326	17	evaluating	evaluate	VERB
esutjss-245	326	18	its	its	PRON
esutjss-245	326	19	stability	stability	NOUN
esutjss-245	326	20	and	and	CCONJ
esutjss-245	326	21	repeatability	repeatability	NOUN
esutjss-245	326	22	.	.	PUNCT
esutjss-245	327	1	3	3	X
esutjss-245	327	2	.	.	X
esutjss-245	327	3	parallel	parallel	ADJ
esutjss-245	327	4	-	-	PUNCT
esutjss-245	327	5	forms	form	NOUN
esutjss-245	327	6	reliability	reliability	NOUN
esutjss-245	327	7	:	:	PUNCT
esutjss-245	327	8	this	this	DET
esutjss-245	327	9	type	type	NOUN
esutjss-245	327	10	of	of	ADP
esutjss-245	327	11	reliability	reliability	NOUN
esutjss-245	327	12	evaluates	evaluate	VERB
esutjss-245	327	13	the	the	DET
esutjss-245	327	14	consistency	consistency	NOUN
esutjss-245	327	15	of	of	ADP
esutjss-245	327	16	two	two	NUM
esutjss-245	327	17	tests	test	NOUN
esutjss-245	327	18	constructed	construct	VERB
esutjss-245	327	19	in	in	ADP
esutjss-245	327	20	the	the	DET
esutjss-245	327	21	same	same	ADJ
esutjss-245	327	22	manner	manner	NOUN
esutjss-245	327	23	from	from	ADP
esutjss-245	327	24	the	the	DET
esutjss-245	327	25	same	same	ADJ
esutjss-245	327	26	content	content	NOUN
esutjss-245	327	27	.	.	PUNCT
esutjss-245	328	1	4	4	X
esutjss-245	328	2	.	.	X
esutjss-245	328	3	internal	internal	ADJ
esutjss-245	328	4	consistency	consistency	NOUN
esutjss-245	328	5	reliability	reliability	NOUN
esutjss-245	328	6	:	:	PUNCT
esutjss-245	328	7	internal	internal	ADJ
esutjss-245	328	8	consistency	consistency	NOUN
esutjss-245	328	9	reliability	reliability	NOUN
esutjss-245	328	10	measures	measure	VERB
esutjss-245	328	11	the	the	DET
esutjss-245	328	12	coherence	coherence	NOUN
esutjss-245	328	13	of	of	ADP
esutjss-245	328	14	results	result	NOUN
esutjss-245	328	15	across	across	ADP
esutjss-245	328	16	items	item	NOUN
esutjss-245	328	17	.	.	PUNCT
esutjss-245	329	1	often	often	ADV
esutjss-245	329	2	evaluated	evaluate	VERB
esutjss-245	329	3	using	use	VERB
esutjss-245	329	4	cronbach	cronbach	NOUN
esutjss-245	329	5	’s	’s	PART
esutjss-245	329	6	alpha	alpha	ADJ
esutjss-245	329	7	scale	scale	NOUN
esutjss-245	329	8	and	and	CCONJ
esutjss-245	329	9	other	other	ADJ
esutjss-245	329	10	techniques	technique	NOUN
esutjss-245	329	11	.	.	PUNCT
esutjss-245	330	1	method	method	NOUN
esutjss-245	330	2	of	of	ADP
esutjss-245	330	3	data	datum	NOUN
esutjss-245	330	4	collection	collection	NOUN
esutjss-245	330	5	and	and	CCONJ
esutjss-245	330	6	data	datum	NOUN
esutjss-245	330	7	analysis	analysis	NOUN
esutjss-245	330	8	the	the	DET
esutjss-245	330	9	research	research	NOUN
esutjss-245	330	10	employed	employ	VERB
esutjss-245	330	11	secondary	secondary	ADJ
esutjss-245	330	12	data	datum	NOUN
esutjss-245	330	13	extracted	extract	VERB
esutjss-245	330	14	from	from	ADP
esutjss-245	330	15	the	the	DET
esutjss-245	330	16	annual	annual	ADJ
esutjss-245	330	17	reports	report	NOUN
esutjss-245	330	18	of	of	ADP
esutjss-245	330	19	the	the	DET
esutjss-245	330	20	five	five	NUM
esutjss-245	330	21	chosen	choose	VERB
esutjss-245	330	22	firms	firm	NOUN
esutjss-245	330	23	to	to	PART
esutjss-245	330	24	compute	compute	VERB
esutjss-245	330	25	leverage	leverage	NOUN
esutjss-245	330	26	,	,	PUNCT
esutjss-245	330	27	liquidity	liquidity	NOUN
esutjss-245	330	28	,	,	PUNCT
esutjss-245	330	29	firm	firm	ADJ
esutjss-245	330	30	size	size	NOUN
esutjss-245	330	31	,	,	PUNCT
esutjss-245	330	32	net	net	ADJ
esutjss-245	330	33	profit	profit	NOUN
esutjss-245	330	34	margin	margin	NOUN
esutjss-245	330	35	.	.	PUNCT
esutjss-245	331	1	the	the	DET
esutjss-245	331	2	data	datum	NOUN
esutjss-245	331	3	was	be	AUX
esutjss-245	331	4	derived	derive	VERB
esutjss-245	331	5	from	from	ADP
esutjss-245	331	6	publicly	publicly	ADV
esutjss-245	331	7	available	available	ADJ
esutjss-245	331	8	annual	annual	ADJ
esutjss-245	331	9	reports	report	NOUN
esutjss-245	331	10	spanning	span	VERB
esutjss-245	331	11	the	the	DET
esutjss-245	331	12	years	year	NOUN
esutjss-245	331	13	2014	2014	NUM
esutjss-245	331	14	to	to	ADP
esutjss-245	331	15	2023	2023	NUM
esutjss-245	331	16	,	,	PUNCT
esutjss-245	331	17	and	and	CCONJ
esutjss-245	331	18	these	these	DET
esutjss-245	331	19	financial	financial	ADJ
esutjss-245	331	20	statements	statement	NOUN
esutjss-245	331	21	underwent	undergo	VERB
esutjss-245	331	22	validation	validation	NOUN
esutjss-245	331	23	by	by	ADP
esutjss-245	331	24	external	external	ADJ
esutjss-245	331	25	auditors	auditor	NOUN
esutjss-245	331	26	.	.	PUNCT
esutjss-245	332	1	opting	opt	VERB
esutjss-245	332	2	for	for	ADP
esutjss-245	332	3	secondary	secondary	ADJ
esutjss-245	332	4	data	datum	NOUN
esutjss-245	332	5	enabled	enable	VERB
esutjss-245	332	6	the	the	DET
esutjss-245	332	7	researchers	researcher	NOUN
esutjss-245	332	8	to	to	PART
esutjss-245	332	9	gather	gather	VERB
esutjss-245	332	10	information	information	NOUN
esutjss-245	332	11	efficiently	efficiently	ADV
esutjss-245	332	12	over	over	ADP
esutjss-245	332	13	an	an	DET
esutjss-245	332	14	extended	extended	ADJ
esutjss-245	332	15	timeframe	timeframe	NOUN
esutjss-245	332	16	,	,	PUNCT
esutjss-245	332	17	reducing	reduce	VERB
esutjss-245	332	18	the	the	DET
esutjss-245	332	19	expenses	expense	NOUN
esutjss-245	332	20	and	and	CCONJ
esutjss-245	332	21	time	time	NOUN
esutjss-245	332	22	associated	associate	VERB
esutjss-245	332	23	with	with	ADP
esutjss-245	332	24	primary	primary	ADJ
esutjss-245	332	25	data	datum	NOUN
esutjss-245	332	26	collection	collection	NOUN
esutjss-245	332	27	.	.	PUNCT
esutjss-245	333	1	furthermore	furthermore	ADV
esutjss-245	333	2	,	,	PUNCT
esutjss-245	333	3	relying	rely	VERB
esutjss-245	333	4	on	on	ADP
esutjss-245	333	5	the	the	DET
esutjss-245	333	6	annual	annual	ADJ
esutjss-245	333	7	reports	report	NOUN
esutjss-245	333	8	of	of	ADP
esutjss-245	333	9	the	the	DET
esutjss-245	333	10	designated	designate	VERB
esutjss-245	333	11	firms	firm	NOUN
esutjss-245	333	12	ensured	ensure	VERB
esutjss-245	333	13	the	the	DET
esutjss-245	333	14	reliability	reliability	NOUN
esutjss-245	333	15	and	and	CCONJ
esutjss-245	333	16	consistency	consistency	NOUN
esutjss-245	333	17	of	of	ADP
esutjss-245	333	18	the	the	DET
esutjss-245	333	19	utilized	utilize	VERB
esutjss-245	333	20	data	datum	NOUN
esutjss-245	333	21	.	.	PUNCT
esutjss-245	334	1	the	the	DET
esutjss-245	334	2	data	datum	NOUN
esutjss-245	334	3	collected	collect	VERB
esutjss-245	334	4	for	for	ADP
esutjss-245	334	5	the	the	DET
esutjss-245	334	6	study	study	NOUN
esutjss-245	334	7	was	be	AUX
esutjss-245	334	8	analyzed	analyze	VERB
esutjss-245	334	9	using	use	VERB
esutjss-245	334	10	descriptive	descriptive	ADJ
esutjss-245	334	11	analysis	analysis	NOUN
esutjss-245	334	12	and	and	CCONJ
esutjss-245	334	13	multiple	multiple	ADJ
esutjss-245	334	14	regression	regression	NOUN
esutjss-245	334	15	analysis	analysis	NOUN
esutjss-245	334	16	.	.	PUNCT
esutjss-245	335	1	descriptive	descriptive	ADJ
esutjss-245	335	2	analysis	analysis	NOUN
esutjss-245	335	3	was	be	AUX
esutjss-245	335	4	used	use	VERB
esutjss-245	335	5	to	to	PART
esutjss-245	335	6	summarize	summarize	VERB
esutjss-245	335	7	and	and	CCONJ
esutjss-245	335	8	describe	describe	VERB
esutjss-245	335	9	the	the	DET
esutjss-245	335	10	characteristics	characteristic	NOUN
esutjss-245	335	11	of	of	ADP
esutjss-245	335	12	the	the	DET
esutjss-245	335	13	dataset	dataset	NOUN
esutjss-245	335	14	.	.	PUNCT
esutjss-245	336	1	this	this	PRON
esutjss-245	336	2	was	be	AUX
esutjss-245	336	3	done	do	VERB
esutjss-245	336	4	using	use	VERB
esutjss-245	336	5	various	various	ADJ
esutjss-245	336	6	statistical	statistical	ADJ
esutjss-245	336	7	methods	method	NOUN
esutjss-245	336	8	such	such	ADJ
esutjss-245	336	9	as	as	ADP
esutjss-245	336	10	measures	measure	NOUN
esutjss-245	336	11	of	of	ADP
esutjss-245	336	12	central	central	ADJ
esutjss-245	336	13	tendency	tendency	NOUN
esutjss-245	336	14	and	and	CCONJ
esutjss-245	336	15	measures	measure	NOUN
esutjss-245	336	16	of	of	ADP
esutjss-245	336	17	dispersion	dispersion	NOUN
esutjss-245	336	18	.	.	PUNCT
esutjss-245	337	1	the	the	DET
esutjss-245	337	2	hypotheses	hypothesis	NOUN
esutjss-245	337	3	of	of	ADP
esutjss-245	337	4	the	the	DET
esutjss-245	337	5	study	study	NOUN
esutjss-245	337	6	were	be	AUX
esutjss-245	337	7	tested	test	VERB
esutjss-245	337	8	using	use	VERB
esutjss-245	337	9	the	the	DET
esutjss-245	337	10	estimates	estimate	NOUN
esutjss-245	337	11	from	from	ADP
esutjss-245	337	12	multiple	multiple	ADJ
esutjss-245	337	13	regression	regression	NOUN
esutjss-245	337	14	analysis	analysis	NOUN
esutjss-245	337	15	,	,	PUNCT
esutjss-245	337	16	with	with	ADP
esutjss-245	337	17	the	the	DET
esutjss-245	337	18	model	model	NOUN
esutjss-245	337	19	below	below	ADV
esutjss-245	337	20	.	.	PUNCT
esutjss-245	338	1	npm	npm	PROPN
esutjss-245	339	1	=	=	PROPN
esutjss-245	339	2	β0	β0	PROPN
esutjss-245	339	3	+	+	PROPN
esutjss-245	339	4	β1fsizit	β1fsizit	PROPN
esutjss-245	339	5	+	+	NOUN
esutjss-245	339	6	β2fliqit	β2fliqit	NOUN
esutjss-245	339	7	+	+	NOUN
esutjss-245	339	8	β3flevit+eit	β3flevit+eit	PROPN
esutjss-245	339	9	where	where	SCONJ
esutjss-245	339	10	,	,	PUNCT
esutjss-245	339	11	npm=	npm=	PROPN
esutjss-245	339	12	net	net	ADJ
esutjss-245	339	13	profit	profit	NOUN
esutjss-245	339	14	margin	margin	NOUN
esutjss-245	339	15	fsiz=	fsiz=	NUM
esutjss-245	339	16	firm	firm	ADJ
esutjss-245	339	17	size	size	NOUN
esutjss-245	339	18	fliq=	fliq=	NUM
esutjss-245	339	19	firm	firm	ADJ
esutjss-245	339	20	liquidity	liquidity	NOUN
esutjss-245	339	21	flev=	flev=	NUM
esutjss-245	339	22	firm	firm	ADJ
esutjss-245	339	23	leverage	leverage	NOUN
esutjss-245	339	24	β0	β0	NOUN
esutjss-245	339	25	=	=	SYM
esutjss-245	339	26	constant	constant	ADJ
esutjss-245	339	27	β1	β1	NOUN
esutjss-245	339	28	-	-	PUNCT
esutjss-245	339	29	3=	3=	NUM
esutjss-245	339	30	coefficients	coefficient	NOUN
esutjss-245	339	31	of	of	ADP
esutjss-245	339	32	the	the	DET
esutjss-245	339	33	independent	independent	ADJ
esutjss-245	339	34	variable	variable	ADJ
esutjss-245	339	35	e=	e=	NOUN
esutjss-245	339	36	error	error	NOUN
esutjss-245	339	37	term	term	NOUN
esutjss-245	339	38	i=	i=	PROPN
esutjss-245	339	39	firm	firm	ADJ
esutjss-245	339	40	t=	t=	ADJ
esutjss-245	339	41	year	year	NOUN
esutjss-245	339	42	description	description	NOUN
esutjss-245	339	43	of	of	ADP
esutjss-245	339	44	variables	variable	NOUN
esutjss-245	339	45	measurement	measurement	NOUN
esutjss-245	339	46	of	of	ADP
esutjss-245	339	47	variables	variable	NOUN
esutjss-245	339	48	name	name	NOUN
esutjss-245	339	49	of	of	ADP
esutjss-245	339	50	variables	variable	NOUN
esutjss-245	339	51	abbreviation	abbreviation	NOUN
esutjss-245	339	52	type	type	NOUN
esutjss-245	339	53	of	of	ADP
esutjss-245	339	54	variable	variable	ADJ
esutjss-245	339	55	operational	operational	ADJ
esutjss-245	339	56	definition	definition	NOUN
esutjss-245	339	57	1	1	NUM
esutjss-245	339	58	.	.	PUNCT
esutjss-245	339	59	firm	firm	ADJ
esutjss-245	339	60	size	size	NOUN
esutjss-245	339	61	fsiz	fsiz	PROPN
esutjss-245	339	62	independent	independent	ADJ
esutjss-245	339	63	natural	natural	ADJ
esutjss-245	339	64	log	log	NOUN
esutjss-245	339	65	of	of	ADP
esutjss-245	339	66	current	current	ADJ
esutjss-245	339	67	asset	asset	NOUN
esutjss-245	339	68	2	2	NUM
esutjss-245	339	69	.	.	PUNCT
esutjss-245	339	70	firm	firm	PROPN
esutjss-245	339	71	liquidity	liquidity	PROPN
esutjss-245	339	72	lio	lio	PROPN
esutjss-245	339	73	independent	independent	ADJ
esutjss-245	339	74	current	current	ADJ
esutjss-245	339	75	assets	asset	NOUN
esutjss-245	339	76	/	/	SYM
esutjss-245	339	77	current	current	ADJ
esutjss-245	339	78	liabilities	liability	NOUN
esutjss-245	339	79	580	580	NUM
esutjss-245	339	80	3	3	NUM
esutjss-245	339	81	.	.	PUNCT
esutjss-245	339	82	firm	firm	ADJ
esutjss-245	339	83	leverage	leverage	NOUN
esutjss-245	339	84	lev	lev	PROPN
esutjss-245	339	85	independent	independent	ADJ
esutjss-245	339	86	total	total	ADJ
esutjss-245	339	87	liabilities	liability	NOUN
esutjss-245	339	88	/	/	SYM
esutjss-245	339	89	equity	equity	NOUN
esutjss-245	339	90	4	4	NUM
esutjss-245	339	91	.	.	PUNCT
esutjss-245	339	92	net	net	ADJ
esutjss-245	339	93	profit	profit	NOUN
esutjss-245	339	94	margin	margin	NOUN
esutjss-245	339	95	npm	npm	NOUN
esutjss-245	339	96	independent	independent	ADJ
esutjss-245	339	97	earnings	earning	NOUN
esutjss-245	339	98	after	after	ADP
esutjss-245	339	99	tax	tax	NOUN
esutjss-245	339	100	/	/	SYM
esutjss-245	339	101	revenue	revenue	NOUN
esutjss-245	339	102	source	source	NOUN
esutjss-245	339	103	:	:	PUNCT
esutjss-245	339	104	researcher	researcher	NOUN
esutjss-245	339	105	’s	’s	PART
esutjss-245	339	106	computation	computation	NOUN
esutjss-245	339	107	(	(	PUNCT
esutjss-245	339	108	2024	2024	NUM
esutjss-245	339	109	)	)	PUNCT
esutjss-245	339	110	decision	decision	NOUN
esutjss-245	339	111	rule	rule	VERB
esutjss-245	339	112	the	the	DET
esutjss-245	339	113	acceptance	acceptance	NOUN
esutjss-245	339	114	or	or	CCONJ
esutjss-245	339	115	rejection	rejection	NOUN
esutjss-245	339	116	of	of	ADP
esutjss-245	339	117	a	a	DET
esutjss-245	339	118	hypothesis	hypothesis	NOUN
esutjss-245	339	119	hinges	hinge	NOUN
esutjss-245	339	120	on	on	ADP
esutjss-245	339	121	the	the	DET
esutjss-245	339	122	significance	significance	NOUN
esutjss-245	339	123	of	of	ADP
esutjss-245	339	124	the	the	DET
esutjss-245	339	125	t	t	NOUN
esutjss-245	339	126	-	-	PUNCT
esutjss-245	339	127	test	test	NOUN
esutjss-245	339	128	and	and	CCONJ
esutjss-245	339	129	probability	probability	NOUN
esutjss-245	339	130	.	.	PUNCT
esutjss-245	340	1	two	two	NUM
esutjss-245	340	2	primarily	primarily	ADV
esutjss-245	340	3	methods	method	NOUN
esutjss-245	340	4	are	be	AUX
esutjss-245	340	5	employed	employ	VERB
esutjss-245	340	6	to	to	PART
esutjss-245	340	7	assess	assess	VERB
esutjss-245	340	8	the	the	DET
esutjss-245	340	9	significance	significance	NOUN
esutjss-245	340	10	of	of	ADP
esutjss-245	340	11	the	the	DET
esutjss-245	340	12	results	result	NOUN
esutjss-245	340	13	.	.	PUNCT
esutjss-245	341	1	firstly	firstly	ADV
esutjss-245	341	2	,	,	PUNCT
esutjss-245	341	3	the	the	DET
esutjss-245	341	4	calculated	calculated	ADJ
esutjss-245	341	5	t	t	NOUN
esutjss-245	341	6	-	-	PUNCT
esutjss-245	341	7	test	test	NOUN
esutjss-245	341	8	is	be	AUX
esutjss-245	341	9	juxtaposed	juxtapose	VERB
esutjss-245	341	10	with	with	ADP
esutjss-245	341	11	the	the	DET
esutjss-245	341	12	tabulated	tabulate	VERB
esutjss-245	341	13	t	t	PROPN
esutjss-245	341	14	-	-	PUNCT
esutjss-245	341	15	statistics	statistic	NOUN
esutjss-245	341	16	.	.	PUNCT
esutjss-245	342	1	should	should	AUX
esutjss-245	342	2	the	the	DET
esutjss-245	342	3	calculated	calculated	ADJ
esutjss-245	342	4	t	t	PROPN
esutjss-245	342	5	-	-	PUNCT
esutjss-245	342	6	statistics	statistic	NOUN
esutjss-245	342	7	surpass	surpass	VERB
esutjss-245	342	8	the	the	DET
esutjss-245	342	9	tabulated	tabulate	VERB
esutjss-245	342	10	t	t	PROPN
esutjss-245	342	11	-	-	PUNCT
esutjss-245	342	12	statistics	statistic	NOUN
esutjss-245	342	13	,	,	PUNCT
esutjss-245	342	14	the	the	DET
esutjss-245	342	15	alternate	alternate	ADJ
esutjss-245	342	16	hypothesis	hypothesis	NOUN
esutjss-245	342	17	is	be	AUX
esutjss-245	342	18	embraced	embrace	VERB
esutjss-245	342	19	,	,	PUNCT
esutjss-245	342	20	the	the	DET
esutjss-245	342	21	null	null	ADJ
esutjss-245	342	22	hypothesis	hypothesis	NOUN
esutjss-245	342	23	is	be	AUX
esutjss-245	342	24	discarded	discard	VERB
esutjss-245	342	25	,	,	PUNCT
esutjss-245	342	26	and	and	CCONJ
esutjss-245	342	27	the	the	DET
esutjss-245	342	28	outcome	outcome	NOUN
esutjss-245	342	29	is	be	AUX
esutjss-245	342	30	deemed	deem	VERB
esutjss-245	342	31	significant	significant	ADJ
esutjss-245	342	32	.	.	PUNCT
esutjss-245	343	1	secondly	secondly	ADV
esutjss-245	343	2	,	,	PUNCT
esutjss-245	343	3	the	the	DET
esutjss-245	343	4	probability	probability	NOUN
esutjss-245	343	5	value	value	NOUN
esutjss-245	343	6	(	(	PUNCT
esutjss-245	343	7	p	p	NOUN
esutjss-245	343	8	-	-	PUNCT
esutjss-245	343	9	value	value	NOUN
esutjss-245	343	10	)	)	PUNCT
esutjss-245	343	11	associated	associate	VERB
esutjss-245	343	12	with	with	ADP
esutjss-245	343	13	the	the	DET
esutjss-245	343	14	t	t	PROPN
esutjss-245	343	15	-	-	PUNCT
esutjss-245	343	16	statistics	statistic	NOUN
esutjss-245	343	17	is	be	AUX
esutjss-245	343	18	compared	compare	VERB
esutjss-245	343	19	to	to	ADP
esutjss-245	343	20	the	the	DET
esutjss-245	343	21	significance	significance	NOUN
esutjss-245	343	22	level	level	NOUN
esutjss-245	343	23	(	(	PUNCT
esutjss-245	343	24	e.g.	e.g.	ADV
esutjss-245	343	25	0.05	0.05	NUM
esutjss-245	343	26	)	)	PUNCT
esutjss-245	343	27	.	.	PUNCT
esutjss-245	344	1	if	if	SCONJ
esutjss-245	344	2	the	the	DET
esutjss-245	344	3	p	p	NOUN
esutjss-245	344	4	-	-	PUNCT
esutjss-245	344	5	value	value	NOUN
esutjss-245	344	6	is	be	AUX
esutjss-245	344	7	below	below	ADP
esutjss-245	344	8	0.05	0.05	NUM
esutjss-245	344	9	,	,	PUNCT
esutjss-245	344	10	the	the	DET
esutjss-245	344	11	alternate	alternate	ADJ
esutjss-245	344	12	hypothesis	hypothesis	NOUN
esutjss-245	344	13	is	be	AUX
esutjss-245	344	14	acknowledged	acknowledge	VERB
esutjss-245	344	15	,	,	PUNCT
esutjss-245	344	16	the	the	DET
esutjss-245	344	17	null	null	ADJ
esutjss-245	344	18	hypothesis	hypothesis	NOUN
esutjss-245	344	19	is	be	AUX
esutjss-245	344	20	repudiated	repudiate	VERB
esutjss-245	344	21	,	,	PUNCT
esutjss-245	344	22	and	and	CCONJ
esutjss-245	344	23	the	the	DET
esutjss-245	344	24	finding	finding	NOUN
esutjss-245	344	25	is	be	AUX
esutjss-245	344	26	considered	consider	VERB
esutjss-245	344	27	significant	significant	ADJ
esutjss-245	344	28	.	.	PUNCT
esutjss-245	345	1	presentation	presentation	NOUN
esutjss-245	345	2	and	and	CCONJ
esutjss-245	345	3	descriptive	descriptive	ADJ
esutjss-245	345	4	analysis	analysis	NOUN
esutjss-245	345	5	of	of	ADP
esutjss-245	345	6	data	datum	NOUN
esutjss-245	345	7	the	the	DET
esutjss-245	345	8	data	datum	NOUN
esutjss-245	345	9	collected	collect	VERB
esutjss-245	345	10	for	for	ADP
esutjss-245	345	11	the	the	DET
esutjss-245	345	12	study	study	NOUN
esutjss-245	345	13	were	be	AUX
esutjss-245	345	14	firm	firm	ADJ
esutjss-245	345	15	size	size	NOUN
esutjss-245	345	16	,	,	PUNCT
esutjss-245	345	17	firm	firm	ADJ
esutjss-245	345	18	liquidity	liquidity	NOUN
esutjss-245	345	19	,	,	PUNCT
esutjss-245	345	20	firm	firm	ADJ
esutjss-245	345	21	leverage	leverage	NOUN
esutjss-245	345	22	,	,	PUNCT
esutjss-245	345	23	and	and	CCONJ
esutjss-245	345	24	also	also	ADV
esutjss-245	345	25	net	net	ADJ
esutjss-245	345	26	profit	profit	NOUN
esutjss-245	345	27	margin	margin	NOUN
esutjss-245	345	28	.	.	PUNCT
esutjss-245	346	1	4.1	4.1	NUM
esutjss-245	346	2	presentation	presentation	NOUN
esutjss-245	346	3	of	of	ADP
esutjss-245	346	4	data	datum	NOUN
esutjss-245	346	5	for	for	ADP
esutjss-245	346	6	firm	firm	ADJ
esutjss-245	346	7	size	size	NOUN
esutjss-245	346	8	firm/	firm/	NUM
esutjss-245	346	9	year	year	NOUN
esutjss-245	346	10	berger	berger	PROPN
esutjss-245	346	11	paints	paint	VERB
esutjss-245	346	12	cap	cap	PROPN
esutjss-245	346	13	plc	plc	PROPN
esutjss-245	346	14	dangote	dangote	VERB
esutjss-245	346	15	cement	cement	NOUN
esutjss-245	346	16	lafarge	lafarge	PROPN
esutjss-245	346	17	plc	plc	PROPN
esutjss-245	346	18	meyer	meyer	PROPN
esutjss-245	346	19	plc	plc	PROPN
esutjss-245	346	20	2014	2014	NUM
esutjss-245	346	21	6.56	6.56	NUM
esutjss-245	346	22	6.49	6.49	NUM
esutjss-245	346	23	8.98	8.98	NUM
esutjss-245	346	24	8.54	8.54	NUM
esutjss-245	346	25	6.39	6.39	NUM
esutjss-245	346	26	2015	2015	NUM
esutjss-245	346	27	6.59	6.59	NUM
esutjss-245	346	28	6.53	6.53	NUM
esutjss-245	346	29	9.05	9.05	NUM
esutjss-245	346	30	8.56	8.56	NUM
esutjss-245	346	31	6.36	6.36	NUM
esutjss-245	346	32	2016	2016	NUM
esutjss-245	346	33	6.61	6.61	NUM
esutjss-245	346	34	6.69	6.69	NUM
esutjss-245	346	35	9.18	9.18	NUM
esutjss-245	346	36	8.65	8.65	NUM
esutjss-245	346	37	6.34	6.34	NUM
esutjss-245	346	38	2017	2017	NUM
esutjss-245	346	39	6.63	6.63	NUM
esutjss-245	346	40	6.70	6.70	NUM
esutjss-245	346	41	9.21	9.21	NUM
esutjss-245	346	42	8.77	8.77	NUM
esutjss-245	346	43	6.28	6.28	NUM
esutjss-245	346	44	2018	2018	NUM
esutjss-245	346	45	6.66	6.66	NUM
esutjss-245	346	46	6.80	6.80	NUM
esutjss-245	346	47	9.24	9.24	NUM
esutjss-245	346	48	8.76	8.76	NUM
esutjss-245	346	49	6.26	6.26	NUM
esutjss-245	346	50	2019	2019	NUM
esutjss-245	346	51	6.70	6.70	NUM
esutjss-245	346	52	6.83	6.83	NUM
esutjss-245	346	53	9.26	9.26	NUM
esutjss-245	346	54	8.70	8.70	NUM
esutjss-245	346	55	6.57	6.57	NUM
esutjss-245	346	56	2020	2020	NUM
esutjss-245	346	57	6.70	6.70	NUM
esutjss-245	346	58	6.93	6.93	NUM
esutjss-245	346	59	9.33	9.33	NUM
esutjss-245	346	60	8.70	8.70	NUM
esutjss-245	346	61	6.48	6.48	NUM
esutjss-245	346	62	2021	2021	NUM
esutjss-245	346	63	6.71	6.71	NUM
esutjss-245	346	64	7.08	7.08	NUM
esutjss-245	346	65	9.41	9.41	NUM
esutjss-245	346	66	8.73	8.73	NUM
esutjss-245	346	67	6.30	6.30	NUM
esutjss-245	346	68	2022	2022	NUM
esutjss-245	346	69	6.74	6.74	NUM
esutjss-245	346	70	7.13	7.13	NUM
esutjss-245	346	71	9.42	9.42	NUM
esutjss-245	346	72	8.78	8.78	NUM
esutjss-245	346	73	6.28	6.28	NUM
esutjss-245	346	74	2023	2023	NUM
esutjss-245	346	75	6.82	6.82	NUM
esutjss-245	346	76	7.19	7.19	NUM
esutjss-245	346	77	9.49	9.49	NUM
esutjss-245	346	78	8.84	8.84	NUM
esutjss-245	346	79	6.38	6.38	NUM
esutjss-245	346	80	source	source	NOUN
esutjss-245	346	81	:	:	PUNCT
esutjss-245	346	82	researcher	researcher	NOUN
esutjss-245	346	83	’s	’s	PART
esutjss-245	346	84	computation	computation	NOUN
esutjss-245	346	85	(	(	PUNCT
esutjss-245	346	86	2024	2024	NUM
esutjss-245	346	87	)	)	PUNCT
esutjss-245	346	88	over	over	ADP
esutjss-245	346	89	the	the	DET
esutjss-245	346	90	ten	ten	NUM
esutjss-245	346	91	years	year	NOUN
esutjss-245	346	92	period	period	NOUN
esutjss-245	346	93	from	from	ADP
esutjss-245	346	94	2014	2014	NUM
esutjss-245	346	95	to	to	ADP
esutjss-245	346	96	2023	2023	NUM
esutjss-245	346	97	,	,	PUNCT
esutjss-245	346	98	berger	berger	PROPN
esutjss-245	346	99	paints	paint	VERB
esutjss-245	346	100	firm	firm	ADJ
esutjss-245	346	101	size	size	NOUN
esutjss-245	346	102	exhibited	exhibit	VERB
esutjss-245	346	103	consistent	consistent	ADJ
esutjss-245	346	104	growth	growth	NOUN
esutjss-245	346	105	with	with	ADP
esutjss-245	346	106	minor	minor	ADJ
esutjss-245	346	107	fluctuations	fluctuation	NOUN
esutjss-245	346	108	.	.	PUNCT
esutjss-245	347	1	from	from	ADP
esutjss-245	347	2	2014	2014	NUM
esutjss-245	347	3	to	to	ADP
esutjss-245	347	4	2015	2015	NUM
esutjss-245	347	5	there	there	PRON
esutjss-245	347	6	was	be	VERB
esutjss-245	347	7	a	a	DET
esutjss-245	347	8	modest	modest	ADJ
esutjss-245	347	9	increase	increase	NOUN
esutjss-245	347	10	of	of	ADP
esutjss-245	347	11	0.46	0.46	NUM
esutjss-245	347	12	%	%	NOUN
esutjss-245	347	13	,	,	PUNCT
esutjss-245	347	14	from	from	ADP
esutjss-245	347	15	2015	2015	NUM
esutjss-245	347	16	to	to	ADP
esutjss-245	347	17	2016	2016	NUM
esutjss-245	347	18	there	there	PRON
esutjss-245	347	19	was	be	VERB
esutjss-245	347	20	also	also	ADV
esutjss-245	347	21	a	a	DET
esutjss-245	347	22	modest	modest	ADJ
esutjss-245	347	23	increase	increase	NOUN
esutjss-245	347	24	of	of	ADP
esutjss-245	347	25	0.30	0.30	NUM
esutjss-245	347	26	%	%	NOUN
esutjss-245	347	27	,	,	PUNCT
esutjss-245	347	28	from	from	ADP
esutjss-245	347	29	2016	2016	NUM
esutjss-245	347	30	to	to	ADP
esutjss-245	347	31	2017	2017	NUM
esutjss-245	347	32	there	there	PRON
esutjss-245	347	33	was	be	VERB
esutjss-245	347	34	a	a	DET
esutjss-245	347	35	modest	modest	ADJ
esutjss-245	347	36	increase	increase	NOUN
esutjss-245	347	37	of	of	ADP
esutjss-245	347	38	0.30	0.30	NUM
esutjss-245	347	39	%	%	NOUN
esutjss-245	347	40	,	,	PUNCT
esutjss-245	347	41	from	from	ADP
esutjss-245	347	42	2017	2017	NUM
esutjss-245	347	43	to	to	ADP
esutjss-245	347	44	2018	2018	NUM
esutjss-245	347	45	there	there	PRON
esutjss-245	347	46	was	be	VERB
esutjss-245	347	47	a	a	DET
esutjss-245	347	48	modest	modest	ADJ
esutjss-245	347	49	increase	increase	NOUN
esutjss-245	347	50	of	of	ADP
esutjss-245	347	51	0.45	0.45	NUM
esutjss-245	347	52	%	%	NOUN
esutjss-245	347	53	,	,	PUNCT
esutjss-245	347	54	from	from	ADP
esutjss-245	347	55	2018	2018	NUM
esutjss-245	347	56	to	to	ADP
esutjss-245	347	57	2019	2019	NUM
esutjss-245	347	58	there	there	PRON
esutjss-245	347	59	was	be	VERB
esutjss-245	347	60	a	a	DET
esutjss-245	347	61	modest	modest	ADJ
esutjss-245	347	62	increase	increase	NOUN
esutjss-245	347	63	of	of	ADP
esutjss-245	347	64	0.60	0.60	NUM
esutjss-245	347	65	%	%	NOUN
esutjss-245	347	66	,	,	PUNCT
esutjss-245	347	67	from	from	ADP
esutjss-245	347	68	2019	2019	NUM
esutjss-245	347	69	to	to	ADP
esutjss-245	347	70	2020	2020	NUM
esutjss-245	347	71	there	there	PRON
esutjss-245	347	72	was	be	VERB
esutjss-245	347	73	no	no	DET
esutjss-245	347	74	changes	change	NOUN
esutjss-245	347	75	,	,	PUNCT
esutjss-245	347	76	maintaining	maintain	VERB
esutjss-245	347	77	a	a	DET
esutjss-245	347	78	firm	firm	ADJ
esutjss-245	347	79	size	size	NOUN
esutjss-245	347	80	of	of	ADP
esutjss-245	347	81	6.70	6.70	NUM
esutjss-245	347	82	%	%	NOUN
esutjss-245	347	83	,	,	PUNCT
esutjss-245	347	84	from	from	ADP
esutjss-245	347	85	2020	2020	NUM
esutjss-245	347	86	to	to	ADP
esutjss-245	347	87	2021	2021	NUM
esutjss-245	347	88	there	there	PRON
esutjss-245	347	89	was	be	VERB
esutjss-245	347	90	a	a	DET
esutjss-245	347	91	modest	modest	ADJ
esutjss-245	347	92	increase	increase	NOUN
esutjss-245	347	93	of	of	ADP
esutjss-245	347	94	0.15	0.15	NUM
esutjss-245	347	95	%	%	NOUN
esutjss-245	347	96	,	,	PUNCT
esutjss-245	347	97	from	from	ADP
esutjss-245	347	98	2021	2021	NUM
esutjss-245	347	99	to	to	ADP
esutjss-245	347	100	2022	2022	NUM
esutjss-245	347	101	there	there	PRON
esutjss-245	347	102	was	be	VERB
esutjss-245	347	103	a	a	DET
esutjss-245	347	104	modest	modest	ADJ
esutjss-245	347	105	increase	increase	NOUN
esutjss-245	347	106	of	of	ADP
esutjss-245	347	107	0.30	0.30	NUM
esutjss-245	347	108	%	%	NOUN
esutjss-245	347	109	,	,	PUNCT
esutjss-245	347	110	from	from	ADP
esutjss-245	347	111	2022	2022	NUM
esutjss-245	347	112	to	to	ADP
esutjss-245	347	113	2023	2023	NUM
esutjss-245	347	114	there	there	PRON
esutjss-245	347	115	was	be	VERB
esutjss-245	347	116	a	a	DET
esutjss-245	347	117	notable	notable	ADJ
esutjss-245	347	118	increase	increase	NOUN
esutjss-245	347	119	of	of	ADP
esutjss-245	347	120	1.34	1.34	NUM
esutjss-245	347	121	%	%	NOUN
esutjss-245	347	122	.	.	PUNCT
esutjss-245	348	1	over	over	ADP
esutjss-245	348	2	the	the	DET
esutjss-245	348	3	ten	ten	NUM
esutjss-245	348	4	years	year	NOUN
esutjss-245	348	5	period	period	NOUN
esutjss-245	348	6	from	from	ADP
esutjss-245	348	7	2014	2014	NUM
esutjss-245	348	8	to	to	ADP
esutjss-245	348	9	2023	2023	NUM
esutjss-245	348	10	,	,	PUNCT
esutjss-245	348	11	cap	cap	PROPN
esutjss-245	348	12	plc	plc	PROPN
esutjss-245	348	13	firm	firm	PROPN
esutjss-245	348	14	size	size	NOUN
esutjss-245	348	15	exhibited	exhibit	VERB
esutjss-245	348	16	consistent	consistent	ADJ
esutjss-245	348	17	growth	growth	NOUN
esutjss-245	348	18	,	,	PUNCT
esutjss-245	348	19	with	with	ADP
esutjss-245	348	20	varying	vary	VERB
esutjss-245	348	21	rates	rate	NOUN
esutjss-245	348	22	of	of	ADP
esutjss-245	348	23	increase	increase	NOUN
esutjss-245	348	24	.	.	PUNCT
esutjss-245	349	1	from	from	ADP
esutjss-245	349	2	2014	2014	NUM
esutjss-245	349	3	to	to	ADP
esutjss-245	349	4	2015	2015	NUM
esutjss-245	349	5	there	there	PRON
esutjss-245	349	6	was	be	VERB
esutjss-245	349	7	an	an	DET
esutjss-245	349	8	increase	increase	NOUN
esutjss-245	349	9	of	of	ADP
esutjss-245	349	10	0.62	0.62	NUM
esutjss-245	349	11	%	%	NOUN
esutjss-245	349	12	,	,	PUNCT
esutjss-245	349	13	from	from	ADP
esutjss-245	349	14	2015	2015	NUM
esutjss-245	349	15	to	to	ADP
esutjss-245	349	16	2016	2016	NUM
esutjss-245	349	17	there	there	PRON
esutjss-245	349	18	was	be	VERB
esutjss-245	349	19	an	an	DET
esutjss-245	349	20	increase	increase	NOUN
esutjss-245	349	21	of	of	ADP
esutjss-245	349	22	2.45	2.45	NUM
esutjss-245	349	23	%	%	NOUN
esutjss-245	349	24	,	,	PUNCT
esutjss-245	349	25	from	from	ADP
esutjss-245	349	26	2016	2016	NUM
esutjss-245	349	27	to	to	ADP
esutjss-245	349	28	2017	2017	NUM
esutjss-245	349	29	there	there	PRON
esutjss-245	349	30	was	be	VERB
esutjss-245	349	31	a	a	DET
esutjss-245	349	32	slight	slight	ADJ
esutjss-245	349	33	increase	increase	NOUN
esutjss-245	349	34	of	of	ADP
esutjss-245	349	35	0.15	0.15	NUM
esutjss-245	349	36	%	%	NOUN
esutjss-245	349	37	,	,	PUNCT
esutjss-245	349	38	from	from	ADP
esutjss-245	349	39	2017	2017	NUM
esutjss-245	349	40	to	to	ADP
esutjss-245	349	41	2018	2018	NUM
esutjss-245	349	42	there	there	PRON
esutjss-245	349	43	was	be	VERB
esutjss-245	349	44	an	an	DET
esutjss-245	349	45	increase	increase	NOUN
esutjss-245	349	46	of	of	ADP
esutjss-245	349	47	1.49	1.49	NUM
esutjss-245	349	48	%	%	NOUN
esutjss-245	349	49	,	,	PUNCT
esutjss-245	349	50	from	from	ADP
esutjss-245	349	51	2018	2018	NUM
esutjss-245	349	52	to	to	ADP
esutjss-245	349	53	2019	2019	NUM
esutjss-245	349	54	there	there	PRON
esutjss-245	349	55	was	be	VERB
esutjss-245	349	56	an	an	DET
esutjss-245	349	57	increase	increase	NOUN
esutjss-245	349	58	of	of	ADP
esutjss-245	349	59	0.44	0.44	NUM
esutjss-245	349	60	%	%	NOUN
esutjss-245	349	61	,	,	PUNCT
esutjss-245	349	62	from	from	ADP
esutjss-245	349	63	2019	2019	NUM
esutjss-245	349	64	to	to	ADP
esutjss-245	349	65	2020	2020	NUM
esutjss-245	349	66	there	there	PRON
esutjss-245	349	67	was	be	VERB
esutjss-245	349	68	an	an	DET
esutjss-245	349	69	increase	increase	NOUN
esutjss-245	349	70	of	of	ADP
esutjss-245	349	71	1.46	1.46	NUM
esutjss-245	349	72	%	%	NOUN
esutjss-245	349	73	,	,	PUNCT
esutjss-245	349	74	from	from	ADP
esutjss-245	349	75	2020	2020	NUM
esutjss-245	349	76	to	to	ADP
esutjss-245	349	77	2021	2021	NUM
esutjss-245	349	78	there	there	PRON
esutjss-245	349	79	was	be	VERB
esutjss-245	349	80	an	an	DET
esutjss-245	349	81	increase	increase	NOUN
esutjss-245	349	82	of	of	ADP
esutjss-245	349	83	2.16	2.16	NUM
esutjss-245	349	84	%	%	NOUN
esutjss-245	349	85	,	,	PUNCT
esutjss-245	349	86	from	from	ADP
esutjss-245	349	87	2021	2021	NUM
esutjss-245	349	88	to	to	ADP
esutjss-245	349	89	2022	2022	NUM
esutjss-245	349	90	there	there	PRON
esutjss-245	349	91	was	be	VERB
esutjss-245	349	92	an	an	DET
esutjss-245	349	93	increase	increase	NOUN
esutjss-245	349	94	of	of	ADP
esutjss-245	349	95	0.71	0.71	NUM
esutjss-245	349	96	%	%	NOUN
esutjss-245	349	97	,	,	PUNCT
esutjss-245	349	98	from	from	ADP
esutjss-245	349	99	2022	2022	NUM
esutjss-245	349	100	to	to	ADP
esutjss-245	349	101	2023	2023	NUM
esutjss-245	349	102	there	there	PRON
esutjss-245	349	103	was	be	VERB
esutjss-245	349	104	an	an	DET
esutjss-245	349	105	increase	increase	NOUN
esutjss-245	349	106	of	of	ADP
esutjss-245	349	107	0.84	0.84	NUM
esutjss-245	349	108	%	%	NOUN
esutjss-245	349	109	.	.	PUNCT
esutjss-245	350	1	581	581	NUM
esutjss-245	350	2	over	over	ADP
esutjss-245	350	3	the	the	DET
esutjss-245	350	4	ten	ten	NUM
esutjss-245	350	5	years	year	NOUN
esutjss-245	350	6	period	period	NOUN
esutjss-245	350	7	from	from	ADP
esutjss-245	350	8	2014	2014	NUM
esutjss-245	350	9	to	to	ADP
esutjss-245	350	10	2023	2023	NUM
esutjss-245	350	11	,	,	PUNCT
esutjss-245	350	12	dangote	dangote	VERB
esutjss-245	350	13	cement	cement	NOUN
esutjss-245	350	14	firm	firm	NOUN
esutjss-245	350	15	size	size	NOUN
esutjss-245	350	16	exhibited	exhibit	VERB
esutjss-245	350	17	consistent	consistent	ADJ
esutjss-245	350	18	growth	growth	NOUN
esutjss-245	350	19	each	each	DET
esutjss-245	350	20	year	year	NOUN
esutjss-245	350	21	.	.	PUNCT
esutjss-245	351	1	from	from	ADP
esutjss-245	351	2	2014	2014	NUM
esutjss-245	351	3	to	to	ADP
esutjss-245	351	4	2015	2015	NUM
esutjss-245	351	5	there	there	PRON
esutjss-245	351	6	was	be	VERB
esutjss-245	351	7	an	an	DET
esutjss-245	351	8	increase	increase	NOUN
esutjss-245	351	9	of	of	ADP
esutjss-245	351	10	0.78	0.78	NUM
esutjss-245	351	11	%	%	NOUN
esutjss-245	351	12	,	,	PUNCT
esutjss-245	351	13	from	from	ADP
esutjss-245	351	14	2015	2015	NUM
esutjss-245	351	15	to	to	ADP
esutjss-245	351	16	2016	2016	NUM
esutjss-245	351	17	there	there	PRON
esutjss-245	351	18	was	be	VERB
esutjss-245	351	19	an	an	DET
esutjss-245	351	20	increase	increase	NOUN
esutjss-245	351	21	of	of	ADP
esutjss-245	351	22	1.43	1.43	NUM
esutjss-245	351	23	%	%	NOUN
esutjss-245	351	24	,	,	PUNCT
esutjss-245	351	25	from	from	ADP
esutjss-245	351	26	2016	2016	NUM
esutjss-245	351	27	to	to	ADP
esutjss-245	351	28	2017	2017	NUM
esutjss-245	351	29	there	there	PRON
esutjss-245	351	30	was	be	VERB
esutjss-245	351	31	an	an	DET
esutjss-245	351	32	increase	increase	NOUN
esutjss-245	351	33	of	of	ADP
esutjss-245	351	34	0.33	0.33	NUM
esutjss-245	351	35	%	%	NOUN
esutjss-245	351	36	,	,	PUNCT
esutjss-245	351	37	from	from	ADP
esutjss-245	351	38	2017	2017	NUM
esutjss-245	351	39	to	to	ADP
esutjss-245	351	40	2018	2018	NUM
esutjss-245	351	41	there	there	PRON
esutjss-245	351	42	was	be	VERB
esutjss-245	351	43	another	another	DET
esutjss-245	351	44	increase	increase	NOUN
esutjss-245	351	45	of	of	ADP
esutjss-245	351	46	0.33	0.33	NUM
esutjss-245	351	47	%	%	NOUN
esutjss-245	351	48	,	,	PUNCT
esutjss-245	351	49	from	from	ADP
esutjss-245	351	50	2018	2018	NUM
esutjss-245	351	51	to	to	ADP
esutjss-245	351	52	2019	2019	NUM
esutjss-245	351	53	there	there	PRON
esutjss-245	351	54	was	be	VERB
esutjss-245	351	55	an	an	DET
esutjss-245	351	56	increase	increase	NOUN
esutjss-245	351	57	of	of	ADP
esutjss-245	351	58	0.22	0.22	NUM
esutjss-245	351	59	%	%	NOUN
esutjss-245	351	60	,	,	PUNCT
esutjss-245	351	61	from	from	ADP
esutjss-245	351	62	2019	2019	NUM
esutjss-245	351	63	to	to	ADP
esutjss-245	351	64	2020	2020	NUM
esutjss-245	351	65	there	there	PRON
esutjss-245	351	66	was	be	VERB
esutjss-245	351	67	an	an	DET
esutjss-245	351	68	increase	increase	NOUN
esutjss-245	351	69	of	of	ADP
esutjss-245	351	70	0.76	0.76	NUM
esutjss-245	351	71	%	%	NOUN
esutjss-245	351	72	,	,	PUNCT
esutjss-245	351	73	from	from	ADP
esutjss-245	351	74	2020	2020	NUM
esutjss-245	351	75	to	to	ADP
esutjss-245	351	76	2021	2021	NUM
esutjss-245	351	77	there	there	PRON
esutjss-245	351	78	was	be	VERB
esutjss-245	351	79	an	an	DET
esutjss-245	351	80	increase	increase	NOUN
esutjss-245	351	81	of	of	ADP
esutjss-245	351	82	0.86	0.86	NUM
esutjss-245	351	83	%	%	NOUN
esutjss-245	351	84	,	,	PUNCT
esutjss-245	351	85	from	from	ADP
esutjss-245	351	86	2021	2021	NUM
esutjss-245	351	87	to	to	ADP
esutjss-245	351	88	2022	2022	NUM
esutjss-245	351	89	there	there	PRON
esutjss-245	351	90	was	be	VERB
esutjss-245	351	91	an	an	DET
esutjss-245	351	92	increase	increase	NOUN
esutjss-245	351	93	of	of	ADP
esutjss-245	351	94	0.86	0.86	NUM
esutjss-245	351	95	%	%	NOUN
esutjss-245	351	96	,	,	PUNCT
esutjss-245	351	97	from	from	ADP
esutjss-245	351	98	2021	2021	NUM
esutjss-245	351	99	to	to	ADP
esutjss-245	351	100	2022	2022	NUM
esutjss-245	351	101	there	there	PRON
esutjss-245	351	102	was	be	VERB
esutjss-245	351	103	an	an	DET
esutjss-245	351	104	increase	increase	NOUN
esutjss-245	351	105	of	of	ADP
esutjss-245	351	106	0.11	0.11	NUM
esutjss-245	351	107	%	%	NOUN
esutjss-245	351	108	,	,	PUNCT
esutjss-245	351	109	from	from	ADP
esutjss-245	351	110	2022	2022	NUM
esutjss-245	351	111	to	to	ADP
esutjss-245	351	112	2023	2023	NUM
esutjss-245	351	113	there	there	PRON
esutjss-245	351	114	was	be	VERB
esutjss-245	351	115	an	an	DET
esutjss-245	351	116	increase	increase	NOUN
esutjss-245	351	117	of	of	ADP
esutjss-245	351	118	0.74	0.74	NUM
esutjss-245	351	119	%	%	NOUN
esutjss-245	351	120	.	.	PUNCT
esutjss-245	352	1	over	over	ADP
esutjss-245	352	2	the	the	DET
esutjss-245	352	3	ten	ten	NUM
esutjss-245	352	4	years	year	NOUN
esutjss-245	352	5	period	period	NOUN
esutjss-245	352	6	from	from	ADP
esutjss-245	352	7	2014	2014	NUM
esutjss-245	352	8	to	to	ADP
esutjss-245	352	9	2023	2023	NUM
esutjss-245	352	10	,	,	PUNCT
esutjss-245	352	11	lafarge	lafarge	PROPN
esutjss-245	352	12	plc	plc	PROPN
esutjss-245	352	13	firm	firm	PROPN
esutjss-245	352	14	size	size	NOUN
esutjss-245	352	15	exhibited	exhibit	VERB
esutjss-245	352	16	both	both	DET
esutjss-245	352	17	increases	increase	NOUN
esutjss-245	352	18	and	and	CCONJ
esutjss-245	352	19	minor	minor	ADJ
esutjss-245	352	20	decreases	decrease	NOUN
esutjss-245	352	21	.	.	PUNCT
esutjss-245	353	1	from	from	ADP
esutjss-245	353	2	2014	2014	NUM
esutjss-245	353	3	to	to	ADP
esutjss-245	353	4	2015	2015	NUM
esutjss-245	353	5	there	there	PRON
esutjss-245	353	6	was	be	VERB
esutjss-245	353	7	an	an	DET
esutjss-245	353	8	increase	increase	NOUN
esutjss-245	353	9	of	of	ADP
esutjss-245	353	10	0.23	0.23	NUM
esutjss-245	353	11	%	%	NOUN
esutjss-245	353	12	,	,	PUNCT
esutjss-245	353	13	from	from	ADP
esutjss-245	353	14	2015	2015	NUM
esutjss-245	353	15	to	to	ADP
esutjss-245	353	16	2016	2016	NUM
esutjss-245	353	17	there	there	PRON
esutjss-245	353	18	was	be	VERB
esutjss-245	353	19	an	an	DET
esutjss-245	353	20	increase	increase	NOUN
esutjss-245	353	21	of	of	ADP
esutjss-245	353	22	1.05	1.05	NUM
esutjss-245	353	23	%	%	NOUN
esutjss-245	353	24	,	,	PUNCT
esutjss-245	353	25	from	from	ADP
esutjss-245	353	26	2016	2016	NUM
esutjss-245	353	27	to	to	ADP
esutjss-245	353	28	2017	2017	NUM
esutjss-245	353	29	there	there	PRON
esutjss-245	353	30	was	be	VERB
esutjss-245	353	31	an	an	DET
esutjss-245	353	32	increase	increase	NOUN
esutjss-245	353	33	of	of	ADP
esutjss-245	353	34	1.39	1.39	NUM
esutjss-245	353	35	%	%	NOUN
esutjss-245	353	36	,	,	PUNCT
esutjss-245	353	37	from	from	ADP
esutjss-245	353	38	2017	2017	NUM
esutjss-245	353	39	to	to	ADP
esutjss-245	353	40	2018	2018	NUM
esutjss-245	353	41	there	there	PRON
esutjss-245	353	42	was	be	VERB
esutjss-245	353	43	a	a	DET
esutjss-245	353	44	decrease	decrease	NOUN
esutjss-245	353	45	of	of	ADP
esutjss-245	353	46	0.11	0.11	NUM
esutjss-245	353	47	%	%	NOUN
esutjss-245	353	48	,	,	PUNCT
esutjss-245	353	49	from	from	ADP
esutjss-245	353	50	2018	2018	NUM
esutjss-245	353	51	to	to	ADP
esutjss-245	353	52	2019	2019	NUM
esutjss-245	353	53	there	there	PRON
esutjss-245	353	54	was	be	VERB
esutjss-245	353	55	another	another	DET
esutjss-245	353	56	decrease	decrease	NOUN
esutjss-245	353	57	of	of	ADP
esutjss-245	353	58	0.68	0.68	NUM
esutjss-245	353	59	%	%	NOUN
esutjss-245	353	60	,	,	PUNCT
esutjss-245	353	61	from	from	ADP
esutjss-245	353	62	2019	2019	NUM
esutjss-245	353	63	to	to	ADP
esutjss-245	353	64	2020	2020	NUM
esutjss-245	353	65	there	there	PRON
esutjss-245	353	66	was	be	VERB
esutjss-245	353	67	no	no	DET
esutjss-245	353	68	changes	change	NOUN
esutjss-245	353	69	,	,	PUNCT
esutjss-245	353	70	maintaining	maintain	VERB
esutjss-245	353	71	a	a	DET
esutjss-245	353	72	firm	firm	ADJ
esutjss-245	353	73	size	size	NOUN
esutjss-245	353	74	of	of	ADP
esutjss-245	353	75	8.70	8.70	NUM
esutjss-245	353	76	,	,	PUNCT
esutjss-245	353	77	from	from	ADP
esutjss-245	353	78	2020	2020	NUM
esutjss-245	353	79	to	to	ADP
esutjss-245	353	80	2021	2021	NUM
esutjss-245	353	81	there	there	PRON
esutjss-245	353	82	was	be	VERB
esutjss-245	353	83	an	an	DET
esutjss-245	353	84	increase	increase	NOUN
esutjss-245	353	85	of	of	ADP
esutjss-245	353	86	0.34	0.34	NUM
esutjss-245	353	87	%	%	NOUN
esutjss-245	353	88	,	,	PUNCT
esutjss-245	353	89	from	from	ADP
esutjss-245	353	90	2021	2021	NUM
esutjss-245	353	91	to	to	ADP
esutjss-245	353	92	2022	2022	NUM
esutjss-245	353	93	there	there	PRON
esutjss-245	353	94	was	be	VERB
esutjss-245	353	95	an	an	DET
esutjss-245	353	96	increase	increase	NOUN
esutjss-245	353	97	of	of	ADP
esutjss-245	353	98	0.57	0.57	NUM
esutjss-245	353	99	%	%	NOUN
esutjss-245	353	100	,	,	PUNCT
esutjss-245	353	101	from	from	ADP
esutjss-245	353	102	2022	2022	NUM
esutjss-245	353	103	to	to	ADP
esutjss-245	353	104	2023	2023	NUM
esutjss-245	353	105	there	there	PRON
esutjss-245	353	106	was	be	VERB
esutjss-245	353	107	an	an	DET
esutjss-245	353	108	increase	increase	NOUN
esutjss-245	353	109	of	of	ADP
esutjss-245	353	110	0.68	0.68	NUM
esutjss-245	353	111	%	%	NOUN
esutjss-245	353	112	.	.	PUNCT
esutjss-245	354	1	over	over	ADP
esutjss-245	354	2	the	the	DET
esutjss-245	354	3	ten	ten	NUM
esutjss-245	354	4	years	year	NOUN
esutjss-245	354	5	period	period	NOUN
esutjss-245	354	6	from	from	ADP
esutjss-245	354	7	2014	2014	NUM
esutjss-245	354	8	to	to	ADP
esutjss-245	354	9	2015	2015	NUM
esutjss-245	354	10	,	,	PUNCT
esutjss-245	354	11	meyer	meyer	PROPN
esutjss-245	354	12	plc	plc	PROPN
esutjss-245	354	13	firm	firm	PROPN
esutjss-245	354	14	size	size	NOUN
esutjss-245	354	15	exhibited	exhibit	VERB
esutjss-245	354	16	both	both	DET
esutjss-245	354	17	increases	increase	NOUN
esutjss-245	354	18	and	and	CCONJ
esutjss-245	354	19	decreases	decrease	NOUN
esutjss-245	354	20	.	.	PUNCT
esutjss-245	355	1	from	from	ADP
esutjss-245	355	2	2014	2014	NUM
esutjss-245	355	3	to	to	ADP
esutjss-245	355	4	2015	2015	NUM
esutjss-245	355	5	there	there	PRON
esutjss-245	355	6	was	be	VERB
esutjss-245	355	7	a	a	DET
esutjss-245	355	8	decrease	decrease	NOUN
esutjss-245	355	9	of	of	ADP
esutjss-245	355	10	0.47	0.47	NUM
esutjss-245	355	11	%	%	NOUN
esutjss-245	355	12	,	,	PUNCT
esutjss-245	355	13	from	from	ADP
esutjss-245	355	14	2015	2015	NUM
esutjss-245	355	15	to	to	ADP
esutjss-245	355	16	2016	2016	NUM
esutjss-245	355	17	there	there	PRON
esutjss-245	355	18	was	be	VERB
esutjss-245	355	19	a	a	DET
esutjss-245	355	20	decrease	decrease	NOUN
esutjss-245	355	21	of	of	ADP
esutjss-245	355	22	0.31	0.31	NUM
esutjss-245	355	23	%	%	NOUN
esutjss-245	355	24	,	,	PUNCT
esutjss-245	355	25	from	from	ADP
esutjss-245	355	26	2016	2016	NUM
esutjss-245	355	27	to	to	ADP
esutjss-245	355	28	2017	2017	NUM
esutjss-245	355	29	there	there	PRON
esutjss-245	355	30	was	be	VERB
esutjss-245	355	31	a	a	DET
esutjss-245	355	32	decrease	decrease	NOUN
esutjss-245	355	33	of	of	ADP
esutjss-245	355	34	0.95	0.95	NUM
esutjss-245	355	35	%	%	NOUN
esutjss-245	355	36	,	,	PUNCT
esutjss-245	355	37	from	from	ADP
esutjss-245	355	38	2017	2017	NUM
esutjss-245	355	39	to	to	ADP
esutjss-245	355	40	2018	2018	NUM
esutjss-245	355	41	there	there	PRON
esutjss-245	355	42	was	be	VERB
esutjss-245	355	43	a	a	DET
esutjss-245	355	44	decrease	decrease	NOUN
esutjss-245	355	45	of	of	ADP
esutjss-245	355	46	0.32	0.32	NUM
esutjss-245	355	47	%	%	NOUN
esutjss-245	355	48	,	,	PUNCT
esutjss-245	355	49	from	from	ADP
esutjss-245	355	50	2018	2018	NUM
esutjss-245	355	51	to	to	ADP
esutjss-245	355	52	2019	2019	NUM
esutjss-245	355	53	there	there	PRON
esutjss-245	355	54	was	be	VERB
esutjss-245	355	55	a	a	DET
esutjss-245	355	56	notable	notable	ADJ
esutjss-245	355	57	increase	increase	NOUN
esutjss-245	355	58	of	of	ADP
esutjss-245	355	59	4.95	4.95	NUM
esutjss-245	355	60	%	%	NOUN
esutjss-245	355	61	,	,	PUNCT
esutjss-245	355	62	from	from	ADP
esutjss-245	355	63	2019	2019	NUM
esutjss-245	355	64	to	to	ADP
esutjss-245	355	65	2020	2020	NUM
esutjss-245	355	66	there	there	PRON
esutjss-245	355	67	was	be	VERB
esutjss-245	355	68	a	a	DET
esutjss-245	355	69	decrease	decrease	NOUN
esutjss-245	355	70	of	of	ADP
esutjss-245	355	71	1.37	1.37	NUM
esutjss-245	355	72	%	%	NOUN
esutjss-245	355	73	,	,	PUNCT
esutjss-245	355	74	from	from	ADP
esutjss-245	355	75	2020	2020	NUM
esutjss-245	355	76	to	to	ADP
esutjss-245	355	77	2021	2021	NUM
esutjss-245	355	78	there	there	PRON
esutjss-245	355	79	was	be	VERB
esutjss-245	355	80	a	a	DET
esutjss-245	355	81	decrease	decrease	NOUN
esutjss-245	355	82	of	of	ADP
esutjss-245	355	83	2.78	2.78	NUM
esutjss-245	355	84	%	%	NOUN
esutjss-245	355	85	,	,	PUNCT
esutjss-245	355	86	from	from	ADP
esutjss-245	355	87	2021	2021	NUM
esutjss-245	355	88	to	to	ADP
esutjss-245	355	89	2022	2022	NUM
esutjss-245	355	90	there	there	PRON
esutjss-245	355	91	was	be	VERB
esutjss-245	355	92	a	a	DET
esutjss-245	355	93	decrease	decrease	NOUN
esutjss-245	355	94	of	of	ADP
esutjss-245	355	95	0.32	0.32	NUM
esutjss-245	355	96	%	%	NOUN
esutjss-245	355	97	,	,	PUNCT
esutjss-245	355	98	from	from	ADP
esutjss-245	355	99	2022	2022	NUM
esutjss-245	355	100	to	to	ADP
esutjss-245	355	101	2023	2023	NUM
esutjss-245	355	102	there	there	PRON
esutjss-245	355	103	was	be	VERB
esutjss-245	355	104	an	an	DET
esutjss-245	355	105	increase	increase	NOUN
esutjss-245	355	106	of	of	ADP
esutjss-245	355	107	1.59	1.59	NUM
esutjss-245	355	108	%	%	NOUN
esutjss-245	355	109	.	.	PUNCT
esutjss-245	356	1	4.2	4.2	NUM
esutjss-245	356	2	presentation	presentation	NOUN
esutjss-245	356	3	of	of	ADP
esutjss-245	356	4	data	datum	NOUN
esutjss-245	356	5	for	for	ADP
esutjss-245	356	6	firm	firm	ADJ
esutjss-245	356	7	liquidity	liquidity	NOUN
esutjss-245	356	8	firm	firm	NOUN
esutjss-245	356	9	/	/	SYM
esutjss-245	356	10	year	year	NOUN
esutjss-245	356	11	berger	berger	PROPN
esutjss-245	356	12	paints	paint	VERB
esutjss-245	356	13	cap	cap	PROPN
esutjss-245	356	14	plc	plc	PROPN
esutjss-245	356	15	dangote	dangote	VERB
esutjss-245	356	16	cement	cement	NOUN
esutjss-245	356	17	lafarge	lafarge	PROPN
esutjss-245	356	18	plc	plc	PROPN
esutjss-245	356	19	meyer	meyer	PROPN
esutjss-245	356	20	plc	plc	PROPN
esutjss-245	356	21	2014	2014	NUM
esutjss-245	356	22	2.54	2.54	NUM
esutjss-245	356	23	1.41	1.41	NUM
esutjss-245	356	24	0.57	0.57	NUM
esutjss-245	356	25	0.69	0.69	NUM
esutjss-245	356	26	0.66	0.66	NUM
esutjss-245	356	27	2015	2015	NUM
esutjss-245	356	28	1.90	1.90	NUM
esutjss-245	356	29	1.59	1.59	NUM
esutjss-245	356	30	0.80	0.80	NUM
esutjss-245	356	31	0.69	0.69	NUM
esutjss-245	356	32	0.64	0.64	NUM
esutjss-245	356	33	2016	2016	NUM
esutjss-245	356	34	1.19	1.19	NUM
esutjss-245	356	35	1.70	1.70	NUM
esutjss-245	356	36	0.50	0.50	NUM
esutjss-245	356	37	0.78	0.78	NUM
esutjss-245	356	38	0.39	0.39	NUM
esutjss-245	356	39	2017	2017	NUM
esutjss-245	356	40	1.46	1.46	NUM
esutjss-245	356	41	1.60	1.60	NUM
esutjss-245	356	42	1.24	1.24	NUM
esutjss-245	356	43	0.38	0.38	NUM
esutjss-245	356	44	0.22	0.22	NUM
esutjss-245	356	45	2018	2018	NUM
esutjss-245	356	46	1.28	1.28	NUM
esutjss-245	356	47	1.64	1.64	NUM
esutjss-245	356	48	1.55	1.55	NUM
esutjss-245	356	49	0.34	0.34	NUM
esutjss-245	356	50	0.25	0.25	NUM
esutjss-245	356	51	2019	2019	NUM
esutjss-245	356	52	1.19	1.19	NUM
esutjss-245	356	53	1.45	1.45	NUM
esutjss-245	356	54	1.02	1.02	NUM
esutjss-245	356	55	0.87	0.87	NUM
esutjss-245	356	56	1.16	1.16	NUM
esutjss-245	356	57	2020	2020	NUM
esutjss-245	356	58	1.32	1.32	NUM
esutjss-245	356	59	1.66	1.66	NUM
esutjss-245	356	60	1.03	1.03	NUM
esutjss-245	356	61	0.80	0.80	NUM
esutjss-245	356	62	2.06	2.06	NUM
esutjss-245	356	63	2021	2021	NUM
esutjss-245	356	64	1.42	1.42	NUM
esutjss-245	356	65	1.40	1.40	NUM
esutjss-245	356	66	1.06	1.06	NUM
esutjss-245	356	67	1.10	1.10	NUM
esutjss-245	356	68	1.72	1.72	NUM
esutjss-245	356	69	2022	2022	NUM
esutjss-245	356	70	1.57	1.57	NUM
esutjss-245	356	71	1.74	1.74	NUM
esutjss-245	356	72	1.20	1.20	NUM
esutjss-245	356	73	1.23	1.23	NUM
esutjss-245	356	74	3.38	3.38	NUM
esutjss-245	356	75	2023	2023	NUM
esutjss-245	356	76	1.81	1.81	NUM
esutjss-245	356	77	1.89	1.89	NUM
esutjss-245	356	78	1.08	1.08	NUM
esutjss-245	356	79	1.21	1.21	NUM
esutjss-245	356	80	2.76	2.76	NUM
esutjss-245	356	81	source	source	NOUN
esutjss-245	356	82	:	:	PUNCT
esutjss-245	356	83	researcher	researcher	NOUN
esutjss-245	356	84	’s	’s	PART
esutjss-245	356	85	computation	computation	NOUN
esutjss-245	356	86	(	(	PUNCT
esutjss-245	356	87	2024	2024	NUM
esutjss-245	356	88	)	)	PUNCT
esutjss-245	356	89	over	over	ADP
esutjss-245	356	90	the	the	DET
esutjss-245	356	91	ten	ten	NUM
esutjss-245	356	92	years	year	NOUN
esutjss-245	356	93	period	period	NOUN
esutjss-245	356	94	from	from	ADP
esutjss-245	356	95	2014	2014	NUM
esutjss-245	356	96	to	to	ADP
esutjss-245	356	97	2023	2023	NUM
esutjss-245	356	98	,	,	PUNCT
esutjss-245	356	99	berger	berger	PROPN
esutjss-245	356	100	paints	paint	VERB
esutjss-245	356	101	liquidity	liquidity	NOUN
esutjss-245	356	102	ratio	ratio	NOUN
esutjss-245	356	103	exhibited	exhibit	VERB
esutjss-245	356	104	both	both	DET
esutjss-245	356	105	increases	increase	NOUN
esutjss-245	356	106	and	and	CCONJ
esutjss-245	356	107	decreases	decrease	NOUN
esutjss-245	356	108	.	.	PUNCT
esutjss-245	357	1	from	from	ADP
esutjss-245	357	2	2014	2014	NUM
esutjss-245	357	3	to	to	ADP
esutjss-245	357	4	2015	2015	NUM
esutjss-245	357	5	there	there	PRON
esutjss-245	357	6	was	be	VERB
esutjss-245	357	7	a	a	DET
esutjss-245	357	8	decrease	decrease	NOUN
esutjss-245	357	9	of	of	ADP
esutjss-245	357	10	25.20	25.20	NUM
esutjss-245	357	11	%	%	NOUN
esutjss-245	357	12	,	,	PUNCT
esutjss-245	357	13	from	from	ADP
esutjss-245	357	14	2015	2015	NUM
esutjss-245	357	15	to	to	ADP
esutjss-245	357	16	2016	2016	NUM
esutjss-245	357	17	there	there	PRON
esutjss-245	357	18	was	be	VERB
esutjss-245	357	19	a	a	DET
esutjss-245	357	20	decrease	decrease	NOUN
esutjss-245	357	21	of	of	ADP
esutjss-245	357	22	37.37	37.37	NUM
esutjss-245	357	23	%	%	NOUN
esutjss-245	357	24	,	,	PUNCT
esutjss-245	357	25	from	from	ADP
esutjss-245	357	26	2016	2016	NUM
esutjss-245	357	27	to	to	ADP
esutjss-245	357	28	2017	2017	NUM
esutjss-245	357	29	there	there	PRON
esutjss-245	357	30	was	be	VERB
esutjss-245	357	31	an	an	DET
esutjss-245	357	32	increase	increase	NOUN
esutjss-245	357	33	of	of	ADP
esutjss-245	357	34	22.69	22.69	NUM
esutjss-245	357	35	%	%	NOUN
esutjss-245	357	36	,	,	PUNCT
esutjss-245	357	37	from	from	ADP
esutjss-245	357	38	2017	2017	NUM
esutjss-245	357	39	to	to	ADP
esutjss-245	357	40	2018	2018	NUM
esutjss-245	357	41	there	there	PRON
esutjss-245	357	42	was	be	VERB
esutjss-245	357	43	a	a	DET
esutjss-245	357	44	decrease	decrease	NOUN
esutjss-245	357	45	of	of	ADP
esutjss-245	357	46	12.33	12.33	NUM
esutjss-245	357	47	%	%	NOUN
esutjss-245	357	48	,	,	PUNCT
esutjss-245	357	49	from	from	ADP
esutjss-245	357	50	2018	2018	NUM
esutjss-245	357	51	to	to	ADP
esutjss-245	357	52	2019	2019	NUM
esutjss-245	357	53	there	there	PRON
esutjss-245	357	54	was	be	VERB
esutjss-245	357	55	a	a	DET
esutjss-245	357	56	decrease	decrease	NOUN
esutjss-245	357	57	of	of	ADP
esutjss-245	357	58	7.03	7.03	NUM
esutjss-245	357	59	%	%	NOUN
esutjss-245	357	60	,	,	PUNCT
esutjss-245	357	61	from	from	ADP
esutjss-245	357	62	2019	2019	NUM
esutjss-245	357	63	to	to	ADP
esutjss-245	357	64	2020	2020	NUM
esutjss-245	357	65	there	there	PRON
esutjss-245	357	66	was	be	VERB
esutjss-245	357	67	an	an	DET
esutjss-245	357	68	increase	increase	NOUN
esutjss-245	357	69	of	of	ADP
esutjss-245	357	70	10.92	10.92	NUM
esutjss-245	357	71	%	%	NOUN
esutjss-245	357	72	,	,	PUNCT
esutjss-245	357	73	from	from	ADP
esutjss-245	357	74	2020	2020	NUM
esutjss-245	357	75	to	to	ADP
esutjss-245	357	76	2021	2021	NUM
esutjss-245	357	77	there	there	PRON
esutjss-245	357	78	was	be	VERB
esutjss-245	357	79	an	an	DET
esutjss-245	357	80	increase	increase	NOUN
esutjss-245	357	81	of	of	ADP
esutjss-245	357	82	7.58	7.58	NUM
esutjss-245	357	83	%	%	NOUN
esutjss-245	357	84	,	,	PUNCT
esutjss-245	357	85	from	from	ADP
esutjss-245	357	86	2021	2021	NUM
esutjss-245	357	87	to	to	ADP
esutjss-245	357	88	2022	2022	NUM
esutjss-245	357	89	there	there	PRON
esutjss-245	357	90	was	be	VERB
esutjss-245	357	91	an	an	DET
esutjss-245	357	92	increase	increase	NOUN
esutjss-245	357	93	of	of	ADP
esutjss-245	357	94	10.56	10.56	NUM
esutjss-245	357	95	%	%	NOUN
esutjss-245	357	96	,	,	PUNCT
esutjss-245	357	97	from	from	ADP
esutjss-245	357	98	2022	2022	NUM
esutjss-245	357	99	to	to	ADP
esutjss-245	357	100	2023	2023	NUM
esutjss-245	357	101	there	there	PRON
esutjss-245	357	102	was	be	VERB
esutjss-245	357	103	an	an	DET
esutjss-245	357	104	increase	increase	NOUN
esutjss-245	357	105	of	of	ADP
esutjss-245	357	106	15.29	15.29	NUM
esutjss-245	357	107	%	%	NOUN
esutjss-245	357	108	.	.	PUNCT
esutjss-245	358	1	over	over	ADP
esutjss-245	358	2	the	the	DET
esutjss-245	358	3	ten	ten	NUM
esutjss-245	358	4	years	year	NOUN
esutjss-245	358	5	period	period	NOUN
esutjss-245	358	6	from	from	ADP
esutjss-245	358	7	2014	2014	NUM
esutjss-245	358	8	to	to	ADP
esutjss-245	358	9	2023	2023	NUM
esutjss-245	358	10	,	,	PUNCT
esutjss-245	358	11	cap	cap	PROPN
esutjss-245	358	12	plc	plc	PROPN
esutjss-245	358	13	firm	firm	PROPN
esutjss-245	358	14	liquidity	liquidity	PROPN
esutjss-245	358	15	exhibited	exhibit	VERB
esutjss-245	358	16	both	both	DET
esutjss-245	358	17	increases	increase	NOUN
esutjss-245	358	18	and	and	CCONJ
esutjss-245	358	19	decreases	decrease	NOUN
esutjss-245	358	20	.	.	PUNCT
esutjss-245	359	1	from	from	ADP
esutjss-245	359	2	2014	2014	NUM
esutjss-245	359	3	to	to	ADP
esutjss-245	359	4	2015	2015	NUM
esutjss-245	359	5	there	there	PRON
esutjss-245	359	6	was	be	VERB
esutjss-245	359	7	an	an	DET
esutjss-245	359	8	increase	increase	NOUN
esutjss-245	359	9	of	of	ADP
esutjss-245	359	10	12.77	12.77	NUM
esutjss-245	359	11	%	%	NOUN
esutjss-245	359	12	,	,	PUNCT
esutjss-245	359	13	from	from	ADP
esutjss-245	359	14	2015	2015	NUM
esutjss-245	359	15	to	to	ADP
esutjss-245	359	16	2016	2016	NUM
esutjss-245	359	17	there	there	PRON
esutjss-245	359	18	was	be	VERB
esutjss-245	359	19	an	an	DET
esutjss-245	359	20	increase	increase	NOUN
esutjss-245	359	21	of	of	ADP
esutjss-245	359	22	6.92	6.92	NUM
esutjss-245	359	23	%	%	NOUN
esutjss-245	359	24	,	,	PUNCT
esutjss-245	359	25	from	from	ADP
esutjss-245	359	26	2016	2016	NUM
esutjss-245	359	27	to	to	ADP
esutjss-245	359	28	2017	2017	NUM
esutjss-245	359	29	there	there	PRON
esutjss-245	359	30	was	be	VERB
esutjss-245	359	31	a	a	DET
esutjss-245	359	32	decrease	decrease	NOUN
esutjss-245	359	33	of	of	ADP
esutjss-245	359	34	5.88	5.88	NUM
esutjss-245	359	35	%	%	NOUN
esutjss-245	359	36	,	,	PUNCT
esutjss-245	359	37	from	from	ADP
esutjss-245	359	38	2017	2017	NUM
esutjss-245	359	39	to	to	ADP
esutjss-245	359	40	2018	2018	NUM
esutjss-245	359	41	there	there	PRON
esutjss-245	359	42	was	be	VERB
esutjss-245	359	43	an	an	DET
esutjss-245	359	44	increase	increase	NOUN
esutjss-245	359	45	of	of	ADP
esutjss-245	359	46	2.50	2.50	NUM
esutjss-245	359	47	%	%	NOUN
esutjss-245	359	48	,	,	PUNCT
esutjss-245	359	49	from	from	ADP
esutjss-245	359	50	2018	2018	NUM
esutjss-245	359	51	to	to	ADP
esutjss-245	359	52	2019	2019	NUM
esutjss-245	359	53	there	there	PRON
esutjss-245	359	54	was	be	VERB
esutjss-245	359	55	a	a	DET
esutjss-245	359	56	decrease	decrease	NOUN
esutjss-245	359	57	of	of	ADP
esutjss-245	359	58	11.59	11.59	NUM
esutjss-245	359	59	%	%	NOUN
esutjss-245	359	60	,	,	PUNCT
esutjss-245	359	61	from	from	ADP
esutjss-245	359	62	2019	2019	NUM
esutjss-245	359	63	to	to	ADP
esutjss-245	359	64	2020	2020	NUM
esutjss-245	359	65	there	there	PRON
esutjss-245	359	66	was	be	VERB
esutjss-245	359	67	an	an	DET
esutjss-245	359	68	increase	increase	NOUN
esutjss-245	359	69	of	of	ADP
esutjss-245	359	70	14.48	14.48	NUM
esutjss-245	359	71	%	%	NOUN
esutjss-245	359	72	,	,	PUNCT
esutjss-245	359	73	from	from	ADP
esutjss-245	359	74	2020	2020	NUM
esutjss-245	359	75	to	to	ADP
esutjss-245	359	76	2021	2021	NUM
esutjss-245	359	77	there	there	PRON
esutjss-245	359	78	was	be	VERB
esutjss-245	359	79	a	a	DET
esutjss-245	359	80	decrease	decrease	NOUN
esutjss-245	359	81	of	of	ADP
esutjss-245	359	82	582	582	NUM
esutjss-245	359	83	15.66	15.66	NUM
esutjss-245	359	84	%	%	NOUN
esutjss-245	359	85	,	,	PUNCT
esutjss-245	359	86	from	from	ADP
esutjss-245	359	87	2021	2021	NUM
esutjss-245	359	88	to	to	ADP
esutjss-245	359	89	2022	2022	NUM
esutjss-245	359	90	there	there	PRON
esutjss-245	359	91	was	be	VERB
esutjss-245	359	92	an	an	DET
esutjss-245	359	93	increase	increase	NOUN
esutjss-245	359	94	of	of	ADP
esutjss-245	359	95	24.29	24.29	NUM
esutjss-245	359	96	%	%	NOUN
esutjss-245	359	97	,	,	PUNCT
esutjss-245	359	98	from	from	ADP
esutjss-245	359	99	2022	2022	NUM
esutjss-245	359	100	to	to	ADP
esutjss-245	359	101	2023	2023	NUM
esutjss-245	359	102	there	there	PRON
esutjss-245	359	103	was	be	VERB
esutjss-245	359	104	an	an	DET
esutjss-245	359	105	increase	increase	NOUN
esutjss-245	359	106	of	of	ADP
esutjss-245	359	107	8.62	8.62	NUM
esutjss-245	359	108	%	%	NOUN
esutjss-245	359	109	.	.	PUNCT
esutjss-245	360	1	over	over	ADP
esutjss-245	360	2	the	the	DET
esutjss-245	360	3	ten	ten	NUM
esutjss-245	360	4	years	year	NOUN
esutjss-245	360	5	period	period	NOUN
esutjss-245	360	6	from	from	ADP
esutjss-245	360	7	2014	2014	NUM
esutjss-245	360	8	to	to	ADP
esutjss-245	360	9	2023	2023	NUM
esutjss-245	360	10	,	,	PUNCT
esutjss-245	360	11	dangote	dangote	VERB
esutjss-245	360	12	cement	cement	NOUN
esutjss-245	360	13	firm	firm	NOUN
esutjss-245	360	14	liquidity	liquidity	NOUN
esutjss-245	360	15	showed	show	VERB
esutjss-245	360	16	a	a	DET
esutjss-245	360	17	notable	notable	ADJ
esutjss-245	360	18	fluctuations	fluctuation	NOUN
esutjss-245	360	19	.	.	PUNCT
esutjss-245	361	1	from	from	ADP
esutjss-245	361	2	2014	2014	NUM
esutjss-245	361	3	to	to	ADP
esutjss-245	361	4	2015	2015	NUM
esutjss-245	361	5	there	there	PRON
esutjss-245	361	6	was	be	VERB
esutjss-245	361	7	an	an	DET
esutjss-245	361	8	increased	increase	VERB
esutjss-245	361	9	by	by	ADP
esutjss-245	361	10	40.35	40.35	NUM
esutjss-245	361	11	%	%	NOUN
esutjss-245	361	12	,	,	PUNCT
esutjss-245	361	13	from	from	ADP
esutjss-245	361	14	2015	2015	NUM
esutjss-245	361	15	to	to	ADP
esutjss-245	361	16	2016	2016	NUM
esutjss-245	361	17	there	there	PRON
esutjss-245	361	18	was	be	VERB
esutjss-245	361	19	a	a	DET
esutjss-245	361	20	decreased	decrease	VERB
esutjss-245	361	21	by	by	ADP
esutjss-245	361	22	37.50	37.50	NUM
esutjss-245	361	23	%	%	NOUN
esutjss-245	361	24	,	,	PUNCT
esutjss-245	361	25	from	from	ADP
esutjss-245	361	26	2016	2016	NUM
esutjss-245	361	27	to	to	ADP
esutjss-245	361	28	2017	2017	NUM
esutjss-245	361	29	there	there	PRON
esutjss-245	361	30	was	be	VERB
esutjss-245	361	31	an	an	DET
esutjss-245	361	32	increased	increase	VERB
esutjss-245	361	33	by	by	ADP
esutjss-245	361	34	148	148	NUM
esutjss-245	361	35	%	%	NOUN
esutjss-245	361	36	,	,	PUNCT
esutjss-245	361	37	from	from	ADP
esutjss-245	361	38	2017	2017	NUM
esutjss-245	361	39	to	to	ADP
esutjss-245	361	40	2018	2018	NUM
esutjss-245	361	41	there	there	PRON
esutjss-245	361	42	was	be	VERB
esutjss-245	361	43	an	an	DET
esutjss-245	361	44	increased	increase	VERB
esutjss-245	361	45	by	by	ADP
esutjss-245	361	46	25	25	NUM
esutjss-245	361	47	%	%	NOUN
esutjss-245	361	48	,	,	PUNCT
esutjss-245	361	49	from	from	ADP
esutjss-245	361	50	2018	2018	NUM
esutjss-245	361	51	to	to	ADP
esutjss-245	361	52	2019	2019	NUM
esutjss-245	361	53	there	there	PRON
esutjss-245	361	54	was	be	VERB
esutjss-245	361	55	a	a	DET
esutjss-245	361	56	decreased	decrease	VERB
esutjss-245	361	57	by	by	ADP
esutjss-245	361	58	34.84	34.84	NUM
esutjss-245	361	59	%	%	NOUN
esutjss-245	361	60	,	,	PUNCT
esutjss-245	361	61	from	from	ADP
esutjss-245	361	62	2019	2019	NUM
esutjss-245	361	63	to	to	ADP
esutjss-245	361	64	2020	2020	NUM
esutjss-245	361	65	there	there	PRON
esutjss-245	361	66	was	be	VERB
esutjss-245	361	67	an	an	DET
esutjss-245	361	68	increased	increase	VERB
esutjss-245	361	69	by	by	ADP
esutjss-245	361	70	0.98	0.98	NUM
esutjss-245	361	71	%	%	NOUN
esutjss-245	361	72	,	,	PUNCT
esutjss-245	361	73	from	from	ADP
esutjss-245	361	74	2020	2020	NUM
esutjss-245	361	75	to	to	ADP
esutjss-245	361	76	2021	2021	NUM
esutjss-245	361	77	there	there	PRON
esutjss-245	361	78	was	be	VERB
esutjss-245	361	79	an	an	DET
esutjss-245	361	80	increased	increase	VERB
esutjss-245	361	81	by	by	ADP
esutjss-245	361	82	2.91	2.91	NUM
esutjss-245	361	83	%	%	NOUN
esutjss-245	361	84	,	,	PUNCT
esutjss-245	361	85	from	from	ADP
esutjss-245	361	86	2021	2021	NUM
esutjss-245	361	87	to	to	ADP
esutjss-245	361	88	2022	2022	NUM
esutjss-245	361	89	there	there	PRON
esutjss-245	361	90	was	be	VERB
esutjss-245	361	91	an	an	DET
esutjss-245	361	92	increased	increase	VERB
esutjss-245	361	93	by	by	ADP
esutjss-245	361	94	21.70	21.70	NUM
esutjss-245	361	95	%	%	NOUN
esutjss-245	361	96	,	,	PUNCT
esutjss-245	361	97	from	from	ADP
esutjss-245	361	98	2022	2022	NUM
esutjss-245	361	99	to	to	ADP
esutjss-245	361	100	2023	2023	NUM
esutjss-245	361	101	there	there	PRON
esutjss-245	361	102	was	be	VERB
esutjss-245	361	103	a	a	DET
esutjss-245	361	104	decreased	decrease	VERB
esutjss-245	361	105	by	by	ADP
esutjss-245	361	106	16.28	16.28	NUM
esutjss-245	361	107	%	%	NOUN
esutjss-245	361	108	.	.	PUNCT
esutjss-245	362	1	over	over	ADP
esutjss-245	362	2	the	the	DET
esutjss-245	362	3	ten	ten	NUM
esutjss-245	362	4	years	year	NOUN
esutjss-245	362	5	period	period	NOUN
esutjss-245	362	6	from	from	ADP
esutjss-245	362	7	2014	2014	NUM
esutjss-245	362	8	to	to	ADP
esutjss-245	362	9	2023	2023	NUM
esutjss-245	362	10	,	,	PUNCT
esutjss-245	362	11	lafarge	lafarge	PROPN
esutjss-245	362	12	plc	plc	PROPN
esutjss-245	362	13	firm	firm	PROPN
esutjss-245	362	14	liquidity	liquidity	PROPN
esutjss-245	362	15	showed	show	VERB
esutjss-245	362	16	a	a	DET
esutjss-245	362	17	notable	notable	ADJ
esutjss-245	362	18	fluctuations	fluctuation	NOUN
esutjss-245	362	19	.	.	PUNCT
esutjss-245	363	1	from	from	ADP
esutjss-245	363	2	2014	2014	NUM
esutjss-245	363	3	to	to	ADP
esutjss-245	363	4	2015	2015	NUM
esutjss-245	363	5	there	there	PRON
esutjss-245	363	6	was	be	VERB
esutjss-245	363	7	no	no	DET
esutjss-245	363	8	changes	change	NOUN
esutjss-245	363	9	,	,	PUNCT
esutjss-245	363	10	maintaining	maintain	VERB
esutjss-245	363	11	a	a	DET
esutjss-245	363	12	liquidity	liquidity	NOUN
esutjss-245	363	13	ratio	ratio	NOUN
esutjss-245	363	14	of	of	ADP
esutjss-245	363	15	0.69	0.69	NUM
esutjss-245	363	16	%	%	NOUN
esutjss-245	363	17	,	,	PUNCT
esutjss-245	363	18	from	from	ADP
esutjss-245	363	19	2015	2015	NUM
esutjss-245	363	20	to	to	ADP
esutjss-245	363	21	2016	2016	NUM
esutjss-245	363	22	there	there	PRON
esutjss-245	363	23	was	be	VERB
esutjss-245	363	24	an	an	DET
esutjss-245	363	25	increase	increase	NOUN
esutjss-245	363	26	of	of	ADP
esutjss-245	363	27	13.04	13.04	NUM
esutjss-245	363	28	%	%	NOUN
esutjss-245	363	29	,	,	PUNCT
esutjss-245	363	30	from	from	ADP
esutjss-245	363	31	2016	2016	NUM
esutjss-245	363	32	to	to	ADP
esutjss-245	363	33	2017	2017	NUM
esutjss-245	363	34	there	there	PRON
esutjss-245	363	35	was	be	VERB
esutjss-245	363	36	a	a	DET
esutjss-245	363	37	significant	significant	ADJ
esutjss-245	363	38	decrease	decrease	NOUN
esutjss-245	363	39	of	of	ADP
esutjss-245	363	40	51.28	51.28	NUM
esutjss-245	363	41	%	%	NOUN
esutjss-245	363	42	,	,	PUNCT
esutjss-245	363	43	from	from	ADP
esutjss-245	363	44	2017	2017	NUM
esutjss-245	363	45	to	to	ADP
esutjss-245	363	46	2018	2018	NUM
esutjss-245	363	47	there	there	PRON
esutjss-245	363	48	was	be	VERB
esutjss-245	363	49	a	a	DET
esutjss-245	363	50	decrease	decrease	NOUN
esutjss-245	363	51	of	of	ADP
esutjss-245	363	52	10.53	10.53	NUM
esutjss-245	363	53	%	%	NOUN
esutjss-245	363	54	,	,	PUNCT
esutjss-245	363	55	from	from	ADP
esutjss-245	363	56	2018	2018	NUM
esutjss-245	363	57	to	to	ADP
esutjss-245	363	58	2019	2019	NUM
esutjss-245	363	59	there	there	PRON
esutjss-245	363	60	was	be	VERB
esutjss-245	363	61	a	a	DET
esutjss-245	363	62	substantial	substantial	ADJ
esutjss-245	363	63	increase	increase	NOUN
esutjss-245	363	64	of	of	ADP
esutjss-245	363	65	155.85	155.85	NUM
esutjss-245	363	66	%	%	NOUN
esutjss-245	363	67	,	,	PUNCT
esutjss-245	363	68	from	from	ADP
esutjss-245	363	69	2019	2019	NUM
esutjss-245	363	70	to	to	ADP
esutjss-245	363	71	2020	2020	NUM
esutjss-245	363	72	there	there	PRON
esutjss-245	363	73	was	be	VERB
esutjss-245	363	74	a	a	DET
esutjss-245	363	75	decrease	decrease	NOUN
esutjss-245	363	76	of	of	ADP
esutjss-245	363	77	8.05	8.05	NUM
esutjss-245	363	78	%	%	NOUN
esutjss-245	363	79	,	,	PUNCT
esutjss-245	363	80	from	from	ADP
esutjss-245	363	81	2020	2020	NUM
esutjss-245	363	82	to	to	ADP
esutjss-245	363	83	2021	2021	NUM
esutjss-245	363	84	there	there	PRON
esutjss-245	363	85	was	be	VERB
esutjss-245	363	86	an	an	DET
esutjss-245	363	87	increase	increase	NOUN
esutjss-245	363	88	of	of	ADP
esutjss-245	363	89	37.50	37.50	NUM
esutjss-245	363	90	%	%	NOUN
esutjss-245	363	91	,	,	PUNCT
esutjss-245	363	92	from	from	ADP
esutjss-245	363	93	2021	2021	NUM
esutjss-245	363	94	to	to	ADP
esutjss-245	363	95	2022	2022	NUM
esutjss-245	363	96	there	there	PRON
esutjss-245	363	97	was	be	VERB
esutjss-245	363	98	an	an	DET
esutjss-245	363	99	increase	increase	NOUN
esutjss-245	363	100	of	of	ADP
esutjss-245	363	101	11.82	11.82	NUM
esutjss-245	363	102	%	%	NOUN
esutjss-245	363	103	,	,	PUNCT
esutjss-245	363	104	from	from	ADP
esutjss-245	363	105	2022	2022	NUM
esutjss-245	363	106	to	to	ADP
esutjss-245	363	107	2023	2023	NUM
esutjss-245	363	108	there	there	PRON
esutjss-245	363	109	was	be	VERB
esutjss-245	363	110	a	a	DET
esutjss-245	363	111	slight	slight	ADJ
esutjss-245	363	112	decrease	decrease	NOUN
esutjss-245	363	113	of	of	ADP
esutjss-245	363	114	1.63	1.63	NUM
esutjss-245	363	115	%	%	NOUN
esutjss-245	363	116	.	.	PUNCT
esutjss-245	364	1	over	over	ADP
esutjss-245	364	2	the	the	DET
esutjss-245	364	3	ten	ten	NUM
esutjss-245	364	4	years	year	NOUN
esutjss-245	364	5	period	period	NOUN
esutjss-245	364	6	from	from	ADP
esutjss-245	364	7	2014	2014	NUM
esutjss-245	364	8	to	to	ADP
esutjss-245	364	9	2023	2023	NUM
esutjss-245	364	10	,	,	PUNCT
esutjss-245	364	11	meyer	meyer	PROPN
esutjss-245	364	12	plc	plc	PROPN
esutjss-245	364	13	liquidity	liquidity	PROPN
esutjss-245	364	14	experienced	experience	VERB
esutjss-245	364	15	significant	significant	ADJ
esutjss-245	364	16	fluctuations	fluctuation	NOUN
esutjss-245	364	17	.	.	PUNCT
esutjss-245	365	1	from	from	ADP
esutjss-245	365	2	2014	2014	NUM
esutjss-245	365	3	to	to	ADP
esutjss-245	365	4	2015	2015	NUM
esutjss-245	365	5	there	there	PRON
esutjss-245	365	6	was	be	VERB
esutjss-245	365	7	a	a	DET
esutjss-245	365	8	slight	slight	ADJ
esutjss-245	365	9	decrease	decrease	NOUN
esutjss-245	365	10	of	of	ADP
esutjss-245	365	11	3.03	3.03	NUM
esutjss-245	365	12	%	%	NOUN
esutjss-245	365	13	,	,	PUNCT
esutjss-245	365	14	from	from	ADP
esutjss-245	365	15	2015	2015	NUM
esutjss-245	365	16	to	to	ADP
esutjss-245	365	17	2016	2016	NUM
esutjss-245	365	18	there	there	PRON
esutjss-245	365	19	was	be	VERB
esutjss-245	365	20	a	a	DET
esutjss-245	365	21	substantial	substantial	ADJ
esutjss-245	365	22	decrease	decrease	NOUN
esutjss-245	365	23	of	of	ADP
esutjss-245	365	24	39.06	39.06	NUM
esutjss-245	365	25	%	%	NOUN
esutjss-245	365	26	,	,	PUNCT
esutjss-245	365	27	from	from	ADP
esutjss-245	365	28	2016	2016	NUM
esutjss-245	365	29	to	to	ADP
esutjss-245	365	30	2017	2017	NUM
esutjss-245	365	31	there	there	PRON
esutjss-245	365	32	was	be	VERB
esutjss-245	365	33	another	another	DET
esutjss-245	365	34	significant	significant	ADJ
esutjss-245	365	35	decrease	decrease	NOUN
esutjss-245	365	36	of	of	ADP
esutjss-245	365	37	43.59	43.59	NUM
esutjss-245	365	38	%	%	NOUN
esutjss-245	365	39	,	,	PUNCT
esutjss-245	365	40	from	from	ADP
esutjss-245	365	41	2017	2017	NUM
esutjss-245	365	42	to	to	ADP
esutjss-245	365	43	2018	2018	NUM
esutjss-245	365	44	there	there	PRON
esutjss-245	365	45	was	be	VERB
esutjss-245	365	46	a	a	DET
esutjss-245	365	47	modest	modest	ADJ
esutjss-245	365	48	increase	increase	NOUN
esutjss-245	365	49	of	of	ADP
esutjss-245	365	50	13.64	13.64	NUM
esutjss-245	365	51	%	%	NOUN
esutjss-245	365	52	,	,	PUNCT
esutjss-245	365	53	from	from	ADP
esutjss-245	365	54	2018	2018	NUM
esutjss-245	365	55	to	to	ADP
esutjss-245	365	56	2019	2019	NUM
esutjss-245	365	57	there	there	PRON
esutjss-245	365	58	was	be	VERB
esutjss-245	365	59	a	a	DET
esutjss-245	365	60	dramatic	dramatic	ADJ
esutjss-245	365	61	increase	increase	NOUN
esutjss-245	365	62	of	of	ADP
esutjss-245	365	63	364	364	NUM
esutjss-245	365	64	%	%	NOUN
esutjss-245	365	65	,	,	PUNCT
esutjss-245	365	66	from	from	ADP
esutjss-245	365	67	2019	2019	NUM
esutjss-245	365	68	to	to	ADP
esutjss-245	365	69	2020	2020	NUM
esutjss-245	365	70	there	there	PRON
esutjss-245	365	71	was	be	VERB
esutjss-245	365	72	a	a	DET
esutjss-245	365	73	continued	continue	VERB
esutjss-245	365	74	increase	increase	NOUN
esutjss-245	365	75	of	of	ADP
esutjss-245	365	76	77.59	77.59	NUM
esutjss-245	365	77	%	%	NOUN
esutjss-245	365	78	,	,	PUNCT
esutjss-245	365	79	from	from	ADP
esutjss-245	365	80	2020	2020	NUM
esutjss-245	365	81	to	to	ADP
esutjss-245	365	82	2021	2021	NUM
esutjss-245	365	83	there	there	PRON
esutjss-245	365	84	was	be	VERB
esutjss-245	365	85	a	a	DET
esutjss-245	365	86	decrease	decrease	NOUN
esutjss-245	365	87	of	of	ADP
esutjss-245	365	88	16.50	16.50	NUM
esutjss-245	365	89	%	%	NOUN
esutjss-245	365	90	,	,	PUNCT
esutjss-245	365	91	from	from	ADP
esutjss-245	365	92	2021	2021	NUM
esutjss-245	365	93	to	to	ADP
esutjss-245	365	94	2022	2022	NUM
esutjss-245	365	95	there	there	PRON
esutjss-245	365	96	was	be	VERB
esutjss-245	365	97	a	a	DET
esutjss-245	365	98	notable	notable	ADJ
esutjss-245	365	99	increase	increase	NOUN
esutjss-245	365	100	of	of	ADP
esutjss-245	365	101	96.51	96.51	NUM
esutjss-245	365	102	%	%	NOUN
esutjss-245	365	103	,	,	PUNCT
esutjss-245	365	104	from	from	ADP
esutjss-245	365	105	2022	2022	NUM
esutjss-245	365	106	to	to	ADP
esutjss-245	365	107	2023	2023	NUM
esutjss-245	365	108	there	there	PRON
esutjss-245	365	109	was	be	VERB
esutjss-245	365	110	a	a	DET
esutjss-245	365	111	decrease	decrease	NOUN
esutjss-245	365	112	of	of	ADP
esutjss-245	365	113	18.32	18.32	NUM
esutjss-245	365	114	%	%	NOUN
esutjss-245	365	115	presentation	presentation	NOUN
esutjss-245	365	116	of	of	ADP
esutjss-245	365	117	data	datum	NOUN
esutjss-245	365	118	for	for	ADP
esutjss-245	365	119	firm	firm	ADJ
esutjss-245	365	120	leverage	leverage	NOUN
esutjss-245	365	121	firm	firm	ADJ
esutjss-245	365	122	/	/	SYM
esutjss-245	365	123	year	year	NOUN
esutjss-245	365	124	berger	berger	PROPN
esutjss-245	365	125	paints	paint	VERB
esutjss-245	365	126	cap	cap	PROPN
esutjss-245	365	127	plc	plc	PROPN
esutjss-245	365	128	dangote	dangote	VERB
esutjss-245	365	129	cement	cement	NOUN
esutjss-245	365	130	lafarge	lafarge	PROPN
esutjss-245	365	131	plc	plc	PROPN
esutjss-245	365	132	meyer	meyer	PROPN
esutjss-245	365	133	plc	plc	PROPN
esutjss-245	365	134	2014	2014	NUM
esutjss-245	365	135	0.48	0.48	NUM
esutjss-245	365	136	1.61	1.61	NUM
esutjss-245	365	137	0.51	0.51	NUM
esutjss-245	365	138	0.24	0.24	NUM
esutjss-245	365	139	3.19	3.19	NUM
esutjss-245	365	140	2015	2015	NUM
esutjss-245	365	141	0.51	0.51	NUM
esutjss-245	365	142	1,24	1,24	NUM
esutjss-245	365	143	0.50	0.50	NUM
esutjss-245	365	144	0.28	0.28	NUM
esutjss-245	365	145	2.61	2.61	NUM
esutjss-245	365	146	2016	2016	NUM
esutjss-245	365	147	0.58	0.58	NUM
esutjss-245	365	148	1.15	1.15	NUM
esutjss-245	365	149	0.53	0.53	NUM
esutjss-245	365	150	0.80	0.80	NUM
esutjss-245	365	151	4.14	4.14	NUM
esutjss-245	365	152	2017	2017	NUM
esutjss-245	365	153	0.63	0.63	NUM
esutjss-245	365	154	1.24	1.24	NUM
esutjss-245	365	155	0.63	0.63	NUM
esutjss-245	365	156	1.52	1.52	NUM
esutjss-245	365	157	5.24	5.24	NUM
esutjss-245	365	158	2018	2018	NUM
esutjss-245	365	159	0.61	0.61	NUM
esutjss-245	365	160	1.25	1.25	NUM
esutjss-245	365	161	0.33	0.33	NUM
esutjss-245	365	162	1.26	1.26	NUM
esutjss-245	365	163	1.96	1.96	NUM
esutjss-245	365	164	2019	2019	NUM
esutjss-245	365	165	0.65	0.65	NUM
esutjss-245	365	166	1.70	1.70	NUM
esutjss-245	365	167	0.42	0.42	NUM
esutjss-245	365	168	0.38	0.38	NUM
esutjss-245	365	169	5.12	5.12	NUM
esutjss-245	365	170	2020	2020	NUM
esutjss-245	365	171	0.58	0.58	NUM
esutjss-245	365	172	1.28	1.28	NUM
esutjss-245	365	173	0.56	0.56	NUM
esutjss-245	365	174	0.35	0.35	NUM
esutjss-245	365	175	0.76	0.76	NUM
esutjss-245	365	176	2021	2021	NUM
esutjss-245	365	177	0.58	0.58	NUM
esutjss-245	365	178	1.75	1.75	NUM
esutjss-245	365	179	0.77	0.77	NUM
esutjss-245	365	180	0.35	0.35	NUM
esutjss-245	365	181	0.98	0.98	NUM
esutjss-245	365	182	2022	2022	NUM
esutjss-245	365	183	0.66	0.66	NUM
esutjss-245	365	184	1.03	1.03	NUM
esutjss-245	365	185	0.78	0.78	NUM
esutjss-245	365	186	0.40	0.40	NUM
esutjss-245	365	187	0.37	0.37	NUM
esutjss-245	365	188	2023	2023	NUM
esutjss-245	365	189	0.87	0.87	NUM
esutjss-245	365	190	0.93	0.93	NUM
esutjss-245	365	191	0.92	0.92	NUM
esutjss-245	365	192	0.53	0.53	NUM
esutjss-245	365	193	0.49	0.49	NUM
esutjss-245	365	194	source	source	NOUN
esutjss-245	365	195	:	:	PUNCT
esutjss-245	365	196	researcher	researcher	NOUN
esutjss-245	365	197	’s	’s	PART
esutjss-245	365	198	computation	computation	NOUN
esutjss-245	365	199	(	(	PUNCT
esutjss-245	365	200	2024	2024	NUM
esutjss-245	365	201	)	)	PUNCT
esutjss-245	365	202	over	over	ADP
esutjss-245	365	203	the	the	DET
esutjss-245	365	204	ten	ten	NUM
esutjss-245	365	205	years	year	NOUN
esutjss-245	365	206	period	period	NOUN
esutjss-245	365	207	from	from	ADP
esutjss-245	365	208	2014	2014	NUM
esutjss-245	365	209	to	to	ADP
esutjss-245	365	210	2023	2023	NUM
esutjss-245	365	211	,	,	PUNCT
esutjss-245	365	212	berger	berger	PROPN
esutjss-245	365	213	paints	paint	VERB
esutjss-245	365	214	firm	firm	ADJ
esutjss-245	365	215	leverage	leverage	NOUN
esutjss-245	365	216	exhibited	exhibit	VERB
esutjss-245	365	217	a	a	DET
esutjss-245	365	218	combination	combination	NOUN
esutjss-245	365	219	of	of	ADP
esutjss-245	365	220	increases	increase	NOUN
esutjss-245	365	221	and	and	CCONJ
esutjss-245	365	222	decreases	decrease	NOUN
esutjss-245	365	223	.	.	PUNCT
esutjss-245	366	1	from	from	ADP
esutjss-245	366	2	2014	2014	NUM
esutjss-245	366	3	to	to	ADP
esutjss-245	366	4	2015	2015	NUM
esutjss-245	366	5	there	there	PRON
esutjss-245	366	6	was	be	VERB
esutjss-245	366	7	an	an	DET
esutjss-245	366	8	increase	increase	NOUN
esutjss-245	366	9	of	of	ADP
esutjss-245	366	10	6.25	6.25	NUM
esutjss-245	366	11	%	%	NOUN
esutjss-245	366	12	,	,	PUNCT
esutjss-245	366	13	from	from	ADP
esutjss-245	366	14	2015	2015	NUM
esutjss-245	366	15	to	to	ADP
esutjss-245	366	16	2016	2016	NUM
esutjss-245	366	17	there	there	PRON
esutjss-245	366	18	was	be	VERB
esutjss-245	366	19	an	an	DET
esutjss-245	366	20	increase	increase	NOUN
esutjss-245	366	21	of	of	ADP
esutjss-245	366	22	13.73	13.73	NUM
esutjss-245	366	23	%	%	NOUN
esutjss-245	366	24	,	,	PUNCT
esutjss-245	366	25	from	from	ADP
esutjss-245	366	26	2016	2016	NUM
esutjss-245	366	27	to	to	ADP
esutjss-245	366	28	2017	2017	NUM
esutjss-245	366	29	there	there	PRON
esutjss-245	366	30	was	be	VERB
esutjss-245	366	31	an	an	DET
esutjss-245	366	32	increase	increase	NOUN
esutjss-245	366	33	of	of	ADP
esutjss-245	366	34	8.62	8.62	NUM
esutjss-245	366	35	%	%	NOUN
esutjss-245	366	36	,	,	PUNCT
esutjss-245	366	37	from	from	ADP
esutjss-245	366	38	2017	2017	NUM
esutjss-245	366	39	to	to	ADP
esutjss-245	366	40	2018	2018	NUM
esutjss-245	366	41	there	there	PRON
esutjss-245	366	42	was	be	VERB
esutjss-245	366	43	an	an	DET
esutjss-245	366	44	increase	increase	NOUN
esutjss-245	366	45	of	of	ADP
esutjss-245	366	46	3.17	3.17	NUM
esutjss-245	366	47	%	%	NOUN
esutjss-245	366	48	,	,	PUNCT
esutjss-245	366	49	from	from	ADP
esutjss-245	366	50	2018	2018	NUM
esutjss-245	366	51	to	to	ADP
esutjss-245	366	52	2019	2019	NUM
esutjss-245	366	53	there	there	PRON
esutjss-245	366	54	was	be	VERB
esutjss-245	366	55	an	an	DET
esutjss-245	366	56	increase	increase	NOUN
esutjss-245	366	57	of	of	ADP
esutjss-245	366	58	6.56	6.56	NUM
esutjss-245	366	59	%	%	NOUN
esutjss-245	366	60	,	,	PUNCT
esutjss-245	366	61	from	from	ADP
esutjss-245	366	62	2019	2019	NUM
esutjss-245	366	63	to	to	ADP
esutjss-245	366	64	2020	2020	NUM
esutjss-245	366	65	there	there	PRON
esutjss-245	366	66	was	be	VERB
esutjss-245	366	67	a	a	DET
esutjss-245	366	68	decrease	decrease	NOUN
esutjss-245	366	69	of	of	ADP
esutjss-245	366	70	10.77	10.77	NUM
esutjss-245	366	71	%	%	NOUN
esutjss-245	366	72	,	,	PUNCT
esutjss-245	366	73	from	from	ADP
esutjss-245	366	74	2020	2020	NUM
esutjss-245	366	75	to	to	ADP
esutjss-245	366	76	2021	2021	NUM
esutjss-245	366	77	there	there	PRON
esutjss-245	366	78	was	be	VERB
esutjss-245	366	79	no	no	DET
esutjss-245	366	80	changes	change	NOUN
esutjss-245	366	81	,	,	PUNCT
esutjss-245	366	82	from	from	ADP
esutjss-245	366	83	2021	2021	NUM
esutjss-245	366	84	to	to	ADP
esutjss-245	366	85	2022	2022	NUM
esutjss-245	366	86	there	there	PRON
esutjss-245	366	87	was	be	VERB
esutjss-245	366	88	an	an	DET
esutjss-245	366	89	increase	increase	NOUN
esutjss-245	366	90	of	of	ADP
esutjss-245	366	91	13.79	13.79	NUM
esutjss-245	366	92	%	%	NOUN
esutjss-245	366	93	,	,	PUNCT
esutjss-245	366	94	from	from	ADP
esutjss-245	366	95	2022	2022	NUM
esutjss-245	366	96	to	to	ADP
esutjss-245	366	97	2023	2023	NUM
esutjss-245	366	98	there	there	PRON
esutjss-245	366	99	was	be	VERB
esutjss-245	366	100	a	a	DET
esutjss-245	366	101	significant	significant	ADJ
esutjss-245	366	102	increase	increase	NOUN
esutjss-245	366	103	of	of	ADP
esutjss-245	366	104	31.82	31.82	NUM
esutjss-245	366	105	%	%	NOUN
esutjss-245	366	106	.	.	PUNCT
esutjss-245	367	1	over	over	ADP
esutjss-245	367	2	the	the	DET
esutjss-245	367	3	ten	ten	NUM
esutjss-245	367	4	years	year	NOUN
esutjss-245	367	5	period	period	NOUN
esutjss-245	367	6	from	from	ADP
esutjss-245	367	7	2014	2014	NUM
esutjss-245	367	8	to	to	ADP
esutjss-245	367	9	2023	2023	NUM
esutjss-245	367	10	,	,	PUNCT
esutjss-245	367	11	cap	cap	PROPN
esutjss-245	367	12	plc	plc	PROPN
esutjss-245	367	13	firm	firm	PROPN
esutjss-245	367	14	leverage	leverage	NOUN
esutjss-245	367	15	exhibited	exhibit	VERB
esutjss-245	367	16	a	a	DET
esutjss-245	367	17	significant	significant	ADJ
esutjss-245	367	18	fluctuations	fluctuation	NOUN
esutjss-245	367	19	.	.	PUNCT
esutjss-245	368	1	from	from	ADP
esutjss-245	368	2	2014	2014	NUM
esutjss-245	368	3	to	to	ADP
esutjss-245	368	4	2015	2015	NUM
esutjss-245	368	5	there	there	PRON
esutjss-245	368	6	was	be	VERB
esutjss-245	368	7	a	a	DET
esutjss-245	368	8	notable	notable	ADJ
esutjss-245	368	9	decrease	decrease	NOUN
esutjss-245	368	10	of	of	ADP
esutjss-245	368	11	23.60	23.60	NUM
esutjss-245	368	12	%	%	NOUN
esutjss-245	368	13	,	,	PUNCT
esutjss-245	368	14	from	from	ADP
esutjss-245	368	15	2015	2015	NUM
esutjss-245	368	16	to	to	ADP
esutjss-245	368	17	2016	2016	NUM
esutjss-245	368	18	there	there	PRON
esutjss-245	368	19	was	be	VERB
esutjss-245	368	20	a	a	DET
esutjss-245	368	21	decrease	decrease	NOUN
esutjss-245	368	22	of	of	ADP
esutjss-245	368	23	7.26	7.26	NUM
esutjss-245	368	24	%	%	NOUN
esutjss-245	368	25	,	,	PUNCT
esutjss-245	368	26	from	from	ADP
esutjss-245	368	27	2016	2016	NUM
esutjss-245	368	28	to	to	ADP
esutjss-245	368	29	2017	2017	NUM
esutjss-245	368	30	there	there	PRON
esutjss-245	368	31	was	be	VERB
esutjss-245	368	32	an	an	DET
esutjss-245	368	33	increase	increase	NOUN
esutjss-245	368	34	of	of	ADP
esutjss-245	368	35	7.83	7.83	NUM
esutjss-245	368	36	%	%	NOUN
esutjss-245	368	37	,	,	PUNCT
esutjss-245	368	38	from	from	ADP
esutjss-245	368	39	2017	2017	NUM
esutjss-245	368	40	583	583	NUM
esutjss-245	368	41	to	to	ADP
esutjss-245	368	42	2018	2018	NUM
esutjss-245	368	43	there	there	PRON
esutjss-245	368	44	was	be	VERB
esutjss-245	368	45	a	a	DET
esutjss-245	368	46	modest	modest	ADJ
esutjss-245	368	47	increase	increase	NOUN
esutjss-245	368	48	of	of	ADP
esutjss-245	368	49	0.81	0.81	NUM
esutjss-245	368	50	%	%	NOUN
esutjss-245	368	51	,	,	PUNCT
esutjss-245	368	52	from	from	ADP
esutjss-245	368	53	2018	2018	NUM
esutjss-245	368	54	to	to	ADP
esutjss-245	368	55	2019	2019	NUM
esutjss-245	368	56	there	there	PRON
esutjss-245	368	57	was	be	VERB
esutjss-245	368	58	a	a	DET
esutjss-245	368	59	substantial	substantial	ADJ
esutjss-245	368	60	increase	increase	NOUN
esutjss-245	368	61	of	of	ADP
esutjss-245	368	62	36	36	NUM
esutjss-245	368	63	%	%	NOUN
esutjss-245	368	64	,	,	PUNCT
esutjss-245	368	65	from	from	ADP
esutjss-245	368	66	2019	2019	NUM
esutjss-245	368	67	to	to	ADP
esutjss-245	368	68	2020	2020	NUM
esutjss-245	368	69	there	there	PRON
esutjss-245	368	70	was	be	VERB
esutjss-245	368	71	a	a	DET
esutjss-245	368	72	decrease	decrease	NOUN
esutjss-245	368	73	of	of	ADP
esutjss-245	368	74	24.71	24.71	NUM
esutjss-245	368	75	%	%	NOUN
esutjss-245	368	76	,	,	PUNCT
esutjss-245	368	77	from	from	ADP
esutjss-245	368	78	2020	2020	NUM
esutjss-245	368	79	to	to	ADP
esutjss-245	368	80	2021	2021	NUM
esutjss-245	368	81	there	there	PRON
esutjss-245	368	82	was	be	VERB
esutjss-245	368	83	a	a	DET
esutjss-245	368	84	significant	significant	ADJ
esutjss-245	368	85	increase	increase	NOUN
esutjss-245	368	86	of	of	ADP
esutjss-245	368	87	36.72	36.72	NUM
esutjss-245	368	88	%	%	NOUN
esutjss-245	368	89	,	,	PUNCT
esutjss-245	368	90	from	from	ADP
esutjss-245	368	91	2021	2021	NUM
esutjss-245	368	92	to	to	ADP
esutjss-245	368	93	2022	2022	NUM
esutjss-245	368	94	there	there	PRON
esutjss-245	368	95	was	be	VERB
esutjss-245	368	96	a	a	DET
esutjss-245	368	97	sharp	sharp	ADJ
esutjss-245	368	98	decrease	decrease	NOUN
esutjss-245	368	99	of	of	ADP
esutjss-245	368	100	41.14	41.14	NUM
esutjss-245	368	101	%	%	NOUN
esutjss-245	368	102	,	,	PUNCT
esutjss-245	368	103	from	from	ADP
esutjss-245	368	104	2022	2022	NUM
esutjss-245	368	105	to	to	ADP
esutjss-245	368	106	2023	2023	NUM
esutjss-245	368	107	there	there	PRON
esutjss-245	368	108	was	be	VERB
esutjss-245	368	109	a	a	DET
esutjss-245	368	110	decrease	decrease	NOUN
esutjss-245	368	111	of	of	ADP
esutjss-245	368	112	9.71	9.71	NUM
esutjss-245	368	113	%	%	NOUN
esutjss-245	368	114	.	.	PUNCT
esutjss-245	369	1	over	over	ADP
esutjss-245	369	2	the	the	DET
esutjss-245	369	3	ten	ten	NUM
esutjss-245	369	4	years	year	NOUN
esutjss-245	369	5	period	period	NOUN
esutjss-245	369	6	from	from	ADP
esutjss-245	369	7	2014	2014	NUM
esutjss-245	369	8	to	to	ADP
esutjss-245	369	9	2023	2023	NUM
esutjss-245	369	10	,	,	PUNCT
esutjss-245	369	11	dangote	dangote	VERB
esutjss-245	369	12	cement	cement	NOUN
esutjss-245	369	13	firm	firm	NOUN
esutjss-245	369	14	leverage	leverage	NOUN
esutjss-245	369	15	exhibited	exhibit	VERB
esutjss-245	369	16	both	both	DET
esutjss-245	369	17	increases	increase	NOUN
esutjss-245	369	18	and	and	CCONJ
esutjss-245	369	19	decreases	decrease	NOUN
esutjss-245	369	20	.	.	PUNCT
esutjss-245	370	1	from	from	ADP
esutjss-245	370	2	2014	2014	NUM
esutjss-245	370	3	to	to	ADP
esutjss-245	370	4	2015	2015	NUM
esutjss-245	370	5	there	there	PRON
esutjss-245	370	6	was	be	VERB
esutjss-245	370	7	a	a	DET
esutjss-245	370	8	slight	slight	ADJ
esutjss-245	370	9	decrease	decrease	NOUN
esutjss-245	370	10	of	of	ADP
esutjss-245	370	11	1.96	1.96	NUM
esutjss-245	370	12	%	%	NOUN
esutjss-245	370	13	,	,	PUNCT
esutjss-245	370	14	from	from	ADP
esutjss-245	370	15	2015	2015	NUM
esutjss-245	370	16	to	to	ADP
esutjss-245	370	17	2016	2016	NUM
esutjss-245	370	18	there	there	PRON
esutjss-245	370	19	was	be	VERB
esutjss-245	370	20	an	an	DET
esutjss-245	370	21	increase	increase	NOUN
esutjss-245	370	22	of	of	ADP
esutjss-245	370	23	6	6	NUM
esutjss-245	370	24	%	%	NOUN
esutjss-245	370	25	,	,	PUNCT
esutjss-245	370	26	from	from	ADP
esutjss-245	370	27	2016	2016	NUM
esutjss-245	370	28	to	to	ADP
esutjss-245	370	29	2017	2017	NUM
esutjss-245	370	30	there	there	PRON
esutjss-245	370	31	was	be	VERB
esutjss-245	370	32	an	an	DET
esutjss-245	370	33	increase	increase	NOUN
esutjss-245	370	34	of	of	ADP
esutjss-245	370	35	18.87	18.87	NUM
esutjss-245	370	36	%	%	NOUN
esutjss-245	370	37	,	,	PUNCT
esutjss-245	370	38	from	from	ADP
esutjss-245	370	39	2017	2017	NUM
esutjss-245	370	40	to	to	ADP
esutjss-245	370	41	2018	2018	NUM
esutjss-245	370	42	there	there	PRON
esutjss-245	370	43	was	be	VERB
esutjss-245	370	44	a	a	DET
esutjss-245	370	45	substantial	substantial	ADJ
esutjss-245	370	46	decrease	decrease	NOUN
esutjss-245	370	47	of	of	ADP
esutjss-245	370	48	47.62	47.62	NUM
esutjss-245	370	49	%	%	NOUN
esutjss-245	370	50	,	,	PUNCT
esutjss-245	370	51	from	from	ADP
esutjss-245	370	52	2018	2018	NUM
esutjss-245	370	53	to	to	ADP
esutjss-245	370	54	2019	2019	NUM
esutjss-245	370	55	there	there	PRON
esutjss-245	370	56	was	be	VERB
esutjss-245	370	57	an	an	DET
esutjss-245	370	58	increase	increase	NOUN
esutjss-245	370	59	of	of	ADP
esutjss-245	370	60	27.27	27.27	NUM
esutjss-245	370	61	%	%	NOUN
esutjss-245	370	62	,	,	PUNCT
esutjss-245	370	63	from	from	ADP
esutjss-245	370	64	2019	2019	NUM
esutjss-245	370	65	to	to	ADP
esutjss-245	370	66	2020	2020	NUM
esutjss-245	370	67	there	there	PRON
esutjss-245	370	68	was	be	VERB
esutjss-245	370	69	an	an	DET
esutjss-245	370	70	increase	increase	NOUN
esutjss-245	370	71	of	of	ADP
esutjss-245	370	72	33.33	33.33	NUM
esutjss-245	370	73	%	%	NOUN
esutjss-245	370	74	,	,	PUNCT
esutjss-245	370	75	from	from	ADP
esutjss-245	370	76	2020	2020	NUM
esutjss-245	370	77	to	to	ADP
esutjss-245	370	78	2021	2021	NUM
esutjss-245	370	79	there	there	PRON
esutjss-245	370	80	was	be	VERB
esutjss-245	370	81	an	an	DET
esutjss-245	370	82	increase	increase	NOUN
esutjss-245	370	83	of	of	ADP
esutjss-245	370	84	37.5	37.5	NUM
esutjss-245	370	85	%	%	NOUN
esutjss-245	370	86	,	,	PUNCT
esutjss-245	370	87	from	from	ADP
esutjss-245	370	88	2021	2021	NUM
esutjss-245	370	89	to	to	ADP
esutjss-245	370	90	2022	2022	NUM
esutjss-245	370	91	there	there	PRON
esutjss-245	370	92	was	be	VERB
esutjss-245	370	93	a	a	DET
esutjss-245	370	94	slight	slight	ADJ
esutjss-245	370	95	increase	increase	NOUN
esutjss-245	370	96	of	of	ADP
esutjss-245	370	97	1.30	1.30	NUM
esutjss-245	370	98	%	%	NOUN
esutjss-245	370	99	,	,	PUNCT
esutjss-245	370	100	from	from	ADP
esutjss-245	370	101	2022	2022	NUM
esutjss-245	370	102	to	to	ADP
esutjss-245	370	103	2023	2023	NUM
esutjss-245	370	104	there	there	PRON
esutjss-245	370	105	was	be	VERB
esutjss-245	370	106	an	an	DET
esutjss-245	370	107	increase	increase	NOUN
esutjss-245	370	108	of	of	ADP
esutjss-245	370	109	19.23	19.23	NUM
esutjss-245	370	110	%	%	NOUN
esutjss-245	370	111	.	.	PUNCT
esutjss-245	371	1	over	over	ADP
esutjss-245	371	2	the	the	DET
esutjss-245	371	3	ten	ten	NUM
esutjss-245	371	4	years	year	NOUN
esutjss-245	371	5	period	period	NOUN
esutjss-245	371	6	from	from	ADP
esutjss-245	371	7	2014	2014	NUM
esutjss-245	371	8	to	to	ADP
esutjss-245	371	9	2023	2023	NUM
esutjss-245	371	10	,	,	PUNCT
esutjss-245	371	11	lafarge	lafarge	PROPN
esutjss-245	371	12	plc	plc	PROPN
esutjss-245	371	13	firm	firm	PROPN
esutjss-245	371	14	leverage	leverage	NOUN
esutjss-245	371	15	showed	show	VERB
esutjss-245	371	16	considerable	considerable	ADJ
esutjss-245	371	17	variability	variability	NOUN
esutjss-245	371	18	.	.	PUNCT
esutjss-245	372	1	from	from	ADP
esutjss-245	372	2	2014	2014	NUM
esutjss-245	372	3	to	to	ADP
esutjss-245	372	4	2015	2015	NUM
esutjss-245	372	5	there	there	PRON
esutjss-245	372	6	was	be	VERB
esutjss-245	372	7	an	an	DET
esutjss-245	372	8	increase	increase	NOUN
esutjss-245	372	9	of	of	ADP
esutjss-245	372	10	16.67	16.67	NUM
esutjss-245	372	11	%	%	NOUN
esutjss-245	372	12	,	,	PUNCT
esutjss-245	372	13	from	from	ADP
esutjss-245	372	14	2015	2015	NUM
esutjss-245	372	15	to	to	ADP
esutjss-245	372	16	2016	2016	NUM
esutjss-245	372	17	there	there	PRON
esutjss-245	372	18	was	be	VERB
esutjss-245	372	19	a	a	DET
esutjss-245	372	20	substantial	substantial	ADJ
esutjss-245	372	21	increase	increase	NOUN
esutjss-245	372	22	of	of	ADP
esutjss-245	372	23	185.71	185.71	NUM
esutjss-245	372	24	%	%	NOUN
esutjss-245	372	25	,	,	PUNCT
esutjss-245	372	26	from	from	ADP
esutjss-245	372	27	2016	2016	NUM
esutjss-245	372	28	to	to	ADP
esutjss-245	372	29	2017	2017	NUM
esutjss-245	372	30	there	there	PRON
esutjss-245	372	31	was	be	VERB
esutjss-245	372	32	an	an	DET
esutjss-245	372	33	increase	increase	NOUN
esutjss-245	372	34	of	of	ADP
esutjss-245	372	35	90	90	NUM
esutjss-245	372	36	%	%	NOUN
esutjss-245	372	37	,	,	PUNCT
esutjss-245	372	38	from	from	ADP
esutjss-245	372	39	2017	2017	NUM
esutjss-245	372	40	to	to	ADP
esutjss-245	372	41	2018	2018	NUM
esutjss-245	372	42	there	there	PRON
esutjss-245	372	43	was	be	VERB
esutjss-245	372	44	a	a	DET
esutjss-245	372	45	decrease	decrease	NOUN
esutjss-245	372	46	of	of	ADP
esutjss-245	372	47	17.10	17.10	NUM
esutjss-245	372	48	%	%	NOUN
esutjss-245	372	49	,	,	PUNCT
esutjss-245	372	50	from	from	ADP
esutjss-245	372	51	2018	2018	NUM
esutjss-245	372	52	to	to	ADP
esutjss-245	372	53	2019	2019	NUM
esutjss-245	372	54	there	there	PRON
esutjss-245	372	55	was	be	VERB
esutjss-245	372	56	a	a	DET
esutjss-245	372	57	significant	significant	ADJ
esutjss-245	372	58	decrease	decrease	NOUN
esutjss-245	372	59	of	of	ADP
esutjss-245	372	60	69.84	69.84	NUM
esutjss-245	372	61	%	%	NOUN
esutjss-245	372	62	,	,	PUNCT
esutjss-245	372	63	from	from	ADP
esutjss-245	372	64	2019	2019	NUM
esutjss-245	372	65	to	to	ADP
esutjss-245	372	66	2020	2020	NUM
esutjss-245	372	67	there	there	PRON
esutjss-245	372	68	was	be	VERB
esutjss-245	372	69	a	a	DET
esutjss-245	372	70	minor	minor	ADJ
esutjss-245	372	71	decrease	decrease	NOUN
esutjss-245	372	72	of	of	ADP
esutjss-245	372	73	7.89	7.89	NUM
esutjss-245	372	74	%	%	NOUN
esutjss-245	372	75	,	,	PUNCT
esutjss-245	372	76	from	from	ADP
esutjss-245	372	77	2020	2020	NUM
esutjss-245	372	78	to	to	ADP
esutjss-245	372	79	2021	2021	NUM
esutjss-245	372	80	there	there	PRON
esutjss-245	372	81	was	be	VERB
esutjss-245	372	82	no	no	DET
esutjss-245	372	83	changes	change	NOUN
esutjss-245	372	84	,	,	PUNCT
esutjss-245	372	85	from	from	ADP
esutjss-245	372	86	2021	2021	NUM
esutjss-245	372	87	to	to	ADP
esutjss-245	372	88	2022	2022	NUM
esutjss-245	372	89	there	there	PRON
esutjss-245	372	90	was	be	VERB
esutjss-245	372	91	an	an	DET
esutjss-245	372	92	increase	increase	NOUN
esutjss-245	372	93	of	of	ADP
esutjss-245	372	94	14.29	14.29	NUM
esutjss-245	372	95	%	%	NOUN
esutjss-245	372	96	,	,	PUNCT
esutjss-245	372	97	from	from	ADP
esutjss-245	372	98	2022	2022	NUM
esutjss-245	372	99	to	to	ADP
esutjss-245	372	100	2023	2023	NUM
esutjss-245	372	101	there	there	PRON
esutjss-245	372	102	was	be	VERB
esutjss-245	372	103	a	a	DET
esutjss-245	372	104	notable	notable	ADJ
esutjss-245	372	105	increase	increase	NOUN
esutjss-245	372	106	of	of	ADP
esutjss-245	372	107	32.50	32.50	NUM
esutjss-245	372	108	%	%	NOUN
esutjss-245	372	109	over	over	ADP
esutjss-245	372	110	the	the	DET
esutjss-245	372	111	ten	ten	NUM
esutjss-245	372	112	years	year	NOUN
esutjss-245	372	113	period	period	NOUN
esutjss-245	372	114	from	from	ADP
esutjss-245	372	115	2014	2014	NUM
esutjss-245	372	116	to	to	ADP
esutjss-245	372	117	2023	2023	NUM
esutjss-245	372	118	,	,	PUNCT
esutjss-245	372	119	meyer	meyer	PROPN
esutjss-245	372	120	plc	plc	PROPN
esutjss-245	372	121	firm	firm	PROPN
esutjss-245	372	122	leverage	leverage	NOUN
esutjss-245	372	123	exhibited	exhibit	VERB
esutjss-245	372	124	significant	significant	ADJ
esutjss-245	372	125	fluctuations	fluctuation	NOUN
esutjss-245	372	126	.	.	PUNCT
esutjss-245	373	1	from	from	ADP
esutjss-245	373	2	2014	2014	NUM
esutjss-245	373	3	to	to	ADP
esutjss-245	373	4	2015	2015	NUM
esutjss-245	373	5	there	there	PRON
esutjss-245	373	6	was	be	VERB
esutjss-245	373	7	a	a	DET
esutjss-245	373	8	decrease	decrease	NOUN
esutjss-245	373	9	of	of	ADP
esutjss-245	373	10	18.21	18.21	NUM
esutjss-245	373	11	%	%	NOUN
esutjss-245	373	12	,	,	PUNCT
esutjss-245	373	13	from	from	ADP
esutjss-245	373	14	2015	2015	NUM
esutjss-245	373	15	to	to	ADP
esutjss-245	373	16	2016	2016	NUM
esutjss-245	373	17	there	there	PRON
esutjss-245	373	18	was	be	VERB
esutjss-245	373	19	an	an	DET
esutjss-245	373	20	increase	increase	NOUN
esutjss-245	373	21	of	of	ADP
esutjss-245	373	22	58.57	58.57	NUM
esutjss-245	373	23	%	%	NOUN
esutjss-245	373	24	,	,	PUNCT
esutjss-245	373	25	from	from	ADP
esutjss-245	373	26	2016	2016	NUM
esutjss-245	373	27	to	to	ADP
esutjss-245	373	28	2017	2017	NUM
esutjss-245	373	29	there	there	PRON
esutjss-245	373	30	was	be	VERB
esutjss-245	373	31	an	an	DET
esutjss-245	373	32	increase	increase	NOUN
esutjss-245	373	33	of	of	ADP
esutjss-245	373	34	26.55	26.55	NUM
esutjss-245	373	35	%	%	NOUN
esutjss-245	373	36	,	,	PUNCT
esutjss-245	373	37	from	from	ADP
esutjss-245	373	38	2017	2017	NUM
esutjss-245	373	39	to	to	ADP
esutjss-245	373	40	2018	2018	NUM
esutjss-245	373	41	ther[=pe	ther[=pe	NOUN
esutjss-245	373	42	was	be	AUX
esutjss-245	373	43	a	a	DET
esutjss-245	373	44	decrease	decrease	NOUN
esutjss-245	373	45	of	of	ADP
esutjss-245	373	46	62.69	62.69	NUM
esutjss-245	373	47	%	%	NOUN
esutjss-245	373	48	,	,	PUNCT
esutjss-245	373	49	from	from	ADP
esutjss-245	373	50	2018	2018	NUM
esutjss-245	373	51	to	to	ADP
esutjss-245	373	52	2019	2019	NUM
esutjss-245	373	53	there	there	PRON
esutjss-245	373	54	was	be	VERB
esutjss-245	373	55	an	an	DET
esutjss-245	373	56	increase	increase	NOUN
esutjss-245	373	57	of	of	ADP
esutjss-245	373	58	160.78	160.78	NUM
esutjss-245	373	59	%	%	NOUN
esutjss-245	373	60	,	,	PUNCT
esutjss-245	373	61	from	from	ADP
esutjss-245	373	62	2019	2019	NUM
esutjss-245	373	63	to	to	ADP
esutjss-245	373	64	2020	2020	NUM
esutjss-245	373	65	there	there	PRON
esutjss-245	373	66	was	be	VERB
esutjss-245	373	67	a	a	DET
esutjss-245	373	68	decrease	decrease	NOUN
esutjss-245	373	69	of	of	ADP
esutjss-245	373	70	85.16	85.16	NUM
esutjss-245	373	71	%	%	NOUN
esutjss-245	373	72	,	,	PUNCT
esutjss-245	373	73	from	from	ADP
esutjss-245	373	74	2020	2020	NUM
esutjss-245	373	75	to	to	ADP
esutjss-245	373	76	2021	2021	NUM
esutjss-245	373	77	there	there	PRON
esutjss-245	373	78	was	be	VERB
esutjss-245	373	79	an	an	DET
esutjss-245	373	80	increase	increase	NOUN
esutjss-245	373	81	of	of	ADP
esutjss-245	373	82	28.95	28.95	NUM
esutjss-245	373	83	%	%	NOUN
esutjss-245	373	84	,	,	PUNCT
esutjss-245	373	85	from	from	ADP
esutjss-245	373	86	2021	2021	NUM
esutjss-245	373	87	to	to	ADP
esutjss-245	373	88	2022	2022	NUM
esutjss-245	373	89	there	there	PRON
esutjss-245	373	90	was	be	VERB
esutjss-245	373	91	a	a	DET
esutjss-245	373	92	decrease	decrease	NOUN
esutjss-245	373	93	of	of	ADP
esutjss-245	373	94	62.24	62.24	NUM
esutjss-245	373	95	%	%	NOUN
esutjss-245	373	96	,	,	PUNCT
esutjss-245	373	97	from	from	ADP
esutjss-245	373	98	2022	2022	NUM
esutjss-245	373	99	to	to	ADP
esutjss-245	373	100	2023	2023	NUM
esutjss-245	373	101	there	there	PRON
esutjss-245	373	102	was	be	VERB
esutjss-245	373	103	an	an	DET
esutjss-245	373	104	increase	increase	NOUN
esutjss-245	373	105	of	of	ADP
esutjss-245	373	106	32.43	32.43	NUM
esutjss-245	373	107	%	%	NOUN
esutjss-245	373	108	.	.	PUNCT
esutjss-245	374	1	4.4	4.4	NUM
esutjss-245	374	2	presentation	presentation	NOUN
esutjss-245	374	3	of	of	ADP
esutjss-245	374	4	data	datum	NOUN
esutjss-245	374	5	for	for	ADP
esutjss-245	374	6	net	net	ADJ
esutjss-245	374	7	profit	profit	NOUN
esutjss-245	374	8	margin	margin	NOUN
esutjss-245	374	9	firm	firm	ADJ
esutjss-245	374	10	/	/	SYM
esutjss-245	374	11	year	year	NOUN
esutjss-245	374	12	berger	berger	PROPN
esutjss-245	374	13	paints	paint	VERB
esutjss-245	374	14	cap	cap	PROPN
esutjss-245	374	15	plc	plc	PROPN
esutjss-245	374	16	dangote	dangote	VERB
esutjss-245	374	17	cement	cement	NOUN
esutjss-245	374	18	lafarge	lafarge	PROPN
esutjss-245	374	19	plc	plc	PROPN
esutjss-245	374	20	meyer	meyer	PROPN
esutjss-245	374	21	plc	plc	PROPN
esutjss-245	374	22	2014	2014	NUM
esutjss-245	374	23	0.05	0.05	NUM
esutjss-245	374	24	0.24	0.24	NUM
esutjss-245	374	25	0.50	0.50	NUM
esutjss-245	374	26	0.27	0.27	NUM
esutjss-245	374	27	-0.02	-0.02	NUM
esutjss-245	374	28	2015	2015	NUM
esutjss-245	374	29	0.11	0.11	NUM
esutjss-245	374	30	0.25	0.25	NUM
esutjss-245	374	31	0.55	0.55	NUM
esutjss-245	374	32	0.26	0.26	NUM
esutjss-245	374	33	0.06	0.06	NUM
esutjss-245	374	34	2016	2016	NUM
esutjss-245	374	35	0.09	0.09	NUM
esutjss-245	374	36	0.24	0.24	NUM
esutjss-245	374	37	0.86	0.86	NUM
esutjss-245	374	38	0.24	0.24	NUM
esutjss-245	374	39	-0.20	-0.20	NUM
esutjss-245	374	40	2017	2017	NUM
esutjss-245	374	41	0.08	0.08	NUM
esutjss-245	374	42	0.21	0.21	NUM
esutjss-245	374	43	0.46	0.46	NUM
esutjss-245	374	44	-0.07	-0.07	NUM
esutjss-245	374	45	-0.24	-0.24	NUM
esutjss-245	374	46	2018	2018	NUM
esutjss-245	374	47	0.09	0.09	NUM
esutjss-245	374	48	0.26	0.26	NUM
esutjss-245	374	49	0.78	0.78	NUM
esutjss-245	374	50	0.02	0.02	NUM
esutjss-245	374	51	0.33	0.33	NUM
esutjss-245	374	52	2019	2019	NUM
esutjss-245	374	53	0.13	0.13	NUM
esutjss-245	374	54	0.21	0.21	NUM
esutjss-245	374	55	0.43	0.43	NUM
esutjss-245	374	56	0.12	0.12	NUM
esutjss-245	374	57	-0.01	-0.01	NUM
esutjss-245	374	58	2020	2020	NUM
esutjss-245	374	59	0.04	0.04	NUM
esutjss-245	374	60	0.14	0.14	NUM
esutjss-245	374	61	0.49	0.49	NUM
esutjss-245	374	62	0.14	0.14	NUM
esutjss-245	374	63	1.34	1.34	NUM
esutjss-245	374	64	2021	2021	NUM
esutjss-245	374	65	0.03	0.03	NUM
esutjss-245	374	66	0.08	0.08	NUM
esutjss-245	374	67	0.38	0.38	NUM
esutjss-245	374	68	0.20	0.20	NUM
esutjss-245	374	69	0.03	0.03	NUM
esutjss-245	374	70	2022	2022	NUM
esutjss-245	374	71	0.03	0.03	NUM
esutjss-245	374	72	0.12	0.12	NUM
esutjss-245	374	73	0.33	0.33	NUM
esutjss-245	374	74	0.16	0.16	NUM
esutjss-245	374	75	0.27	0.27	NUM
esutjss-245	374	76	2023	2023	NUM
esutjss-245	374	77	0.06	0.06	NUM
esutjss-245	374	78	0.11	0.11	NUM
esutjss-245	374	79	0.38	0.38	NUM
esutjss-245	374	80	0.13	0.13	NUM
esutjss-245	374	81	0.10	0.10	NUM
esutjss-245	374	82	source	source	NOUN
esutjss-245	374	83	:	:	PUNCT
esutjss-245	374	84	researcher	researcher	NOUN
esutjss-245	374	85	’s	’s	PART
esutjss-245	374	86	computation	computation	NOUN
esutjss-245	374	87	(	(	PUNCT
esutjss-245	374	88	2024	2024	NUM
esutjss-245	374	89	)	)	PUNCT
esutjss-245	374	90	over	over	ADP
esutjss-245	374	91	the	the	DET
esutjss-245	374	92	ten	ten	NUM
esutjss-245	374	93	years	year	NOUN
esutjss-245	374	94	period	period	NOUN
esutjss-245	374	95	from	from	ADP
esutjss-245	374	96	2014	2014	NUM
esutjss-245	374	97	to	to	ADP
esutjss-245	374	98	2023	2023	NUM
esutjss-245	374	99	,	,	PUNCT
esutjss-245	374	100	berger	berger	PROPN
esutjss-245	374	101	paints	paint	VERB
esutjss-245	374	102	net	net	ADJ
esutjss-245	374	103	profit	profit	NOUN
esutjss-245	374	104	margin	margin	NOUN
esutjss-245	374	105	exhibited	exhibit	VERB
esutjss-245	374	106	significant	significant	ADJ
esutjss-245	374	107	fluctuations	fluctuation	NOUN
esutjss-245	374	108	.	.	PUNCT
esutjss-245	375	1	from	from	ADP
esutjss-245	375	2	2014	2014	NUM
esutjss-245	375	3	to	to	ADP
esutjss-245	375	4	2015	2015	NUM
esutjss-245	375	5	there	there	PRON
esutjss-245	375	6	was	be	VERB
esutjss-245	375	7	an	an	DET
esutjss-245	375	8	increase	increase	NOUN
esutjss-245	375	9	of	of	ADP
esutjss-245	375	10	120	120	NUM
esutjss-245	375	11	%	%	NOUN
esutjss-245	375	12	,	,	PUNCT
esutjss-245	375	13	from	from	ADP
esutjss-245	375	14	2015	2015	NUM
esutjss-245	375	15	to	to	ADP
esutjss-245	375	16	2016	2016	NUM
esutjss-245	375	17	there	there	PRON
esutjss-245	375	18	was	be	VERB
esutjss-245	375	19	an	an	DET
esutjss-245	375	20	18.18	18.18	NUM
esutjss-245	375	21	%	%	NOUN
esutjss-245	375	22	decrease	decrease	NOUN
esutjss-245	375	23	,	,	PUNCT
esutjss-245	375	24	from	from	ADP
esutjss-245	375	25	2016	2016	NUM
esutjss-245	375	26	to	to	ADP
esutjss-245	375	27	2017	2017	NUM
esutjss-245	375	28	there	there	PRON
esutjss-245	375	29	was	be	VERB
esutjss-245	375	30	a	a	DET
esutjss-245	375	31	decrease	decrease	NOUN
esutjss-245	375	32	of	of	ADP
esutjss-245	375	33	11.11	11.11	NUM
esutjss-245	375	34	%	%	NOUN
esutjss-245	375	35	,	,	PUNCT
esutjss-245	375	36	from	from	ADP
esutjss-245	375	37	2017	2017	NUM
esutjss-245	375	38	to	to	ADP
esutjss-245	375	39	2018	2018	NUM
esutjss-245	375	40	there	there	PRON
esutjss-245	375	41	was	be	VERB
esutjss-245	375	42	an	an	DET
esutjss-245	375	43	increase	increase	NOUN
esutjss-245	375	44	of	of	ADP
esutjss-245	375	45	12.50	12.50	NUM
esutjss-245	375	46	%	%	NOUN
esutjss-245	375	47	,	,	PUNCT
esutjss-245	375	48	from	from	ADP
esutjss-245	375	49	2018	2018	NUM
esutjss-245	375	50	to	to	ADP
esutjss-245	375	51	2019	2019	NUM
esutjss-245	375	52	there	there	PRON
esutjss-245	375	53	was	be	VERB
esutjss-245	375	54	another	another	DET
esutjss-245	375	55	increase	increase	NOUN
esutjss-245	375	56	of	of	ADP
esutjss-245	375	57	44.44	44.44	NUM
esutjss-245	375	58	%	%	NOUN
esutjss-245	375	59	,	,	PUNCT
esutjss-245	375	60	from	from	ADP
esutjss-245	375	61	2019	2019	NUM
esutjss-245	375	62	to	to	ADP
esutjss-245	375	63	2020	2020	NUM
esutjss-245	375	64	there	there	PRON
esutjss-245	375	65	was	be	VERB
esutjss-245	375	66	a	a	DET
esutjss-245	375	67	decrease	decrease	NOUN
esutjss-245	375	68	of	of	ADP
esutjss-245	375	69	69.23	69.23	NUM
esutjss-245	375	70	%	%	NOUN
esutjss-245	375	71	,	,	PUNCT
esutjss-245	375	72	from	from	ADP
esutjss-245	375	73	2020	2020	NUM
esutjss-245	375	74	to	to	ADP
esutjss-245	375	75	2021	2021	NUM
esutjss-245	375	76	there	there	PRON
esutjss-245	375	77	was	be	VERB
esutjss-245	375	78	a	a	DET
esutjss-245	375	79	decrease	decrease	NOUN
esutjss-245	375	80	of	of	ADP
esutjss-245	375	81	25	25	NUM
esutjss-245	375	82	%	%	NOUN
esutjss-245	375	83	,	,	PUNCT
esutjss-245	375	84	from	from	ADP
esutjss-245	375	85	2021	2021	NUM
esutjss-245	375	86	to	to	ADP
esutjss-245	375	87	2022	2022	NUM
esutjss-245	375	88	there	there	PRON
esutjss-245	375	89	was	be	VERB
esutjss-245	375	90	no	no	DET
esutjss-245	375	91	changes	change	NOUN
esutjss-245	375	92	,	,	PUNCT
esutjss-245	375	93	from	from	ADP
esutjss-245	375	94	2022	2022	NUM
esutjss-245	375	95	to	to	ADP
esutjss-245	375	96	2023	2023	NUM
esutjss-245	375	97	there	there	PRON
esutjss-245	375	98	was	be	VERB
esutjss-245	375	99	a	a	DET
esutjss-245	375	100	100	100	NUM
esutjss-245	375	101	%	%	NOUN
esutjss-245	375	102	increase	increase	NOUN
esutjss-245	375	103	.	.	PUNCT
esutjss-245	376	1	584	584	NUM
esutjss-245	376	2	over	over	ADP
esutjss-245	376	3	the	the	DET
esutjss-245	376	4	ten	ten	NUM
esutjss-245	376	5	years	year	NOUN
esutjss-245	376	6	period	period	NOUN
esutjss-245	376	7	from	from	ADP
esutjss-245	376	8	2014	2014	NUM
esutjss-245	376	9	to	to	ADP
esutjss-245	376	10	2023	2023	NUM
esutjss-245	376	11	,	,	PUNCT
esutjss-245	376	12	cap	cap	PROPN
esutjss-245	376	13	plc	plc	PROPN
esutjss-245	376	14	net	net	ADJ
esutjss-245	376	15	profit	profit	NOUN
esutjss-245	376	16	margin	margin	NOUN
esutjss-245	376	17	exhibited	exhibit	VERB
esutjss-245	376	18	considerable	considerable	ADJ
esutjss-245	376	19	fluctuations	fluctuation	NOUN
esutjss-245	376	20	,	,	PUNCT
esutjss-245	376	21	from	from	ADP
esutjss-245	376	22	2014	2014	NUM
esutjss-245	376	23	to	to	ADP
esutjss-245	376	24	2015	2015	NUM
esutjss-245	376	25	there	there	PRON
esutjss-245	376	26	was	be	VERB
esutjss-245	376	27	an	an	DET
esutjss-245	376	28	increase	increase	NOUN
esutjss-245	376	29	of	of	ADP
esutjss-245	376	30	4.17	4.17	NUM
esutjss-245	376	31	%	%	NOUN
esutjss-245	376	32	,	,	PUNCT
esutjss-245	376	33	from	from	ADP
esutjss-245	376	34	2015	2015	NUM
esutjss-245	376	35	to	to	ADP
esutjss-245	376	36	2016	2016	NUM
esutjss-245	376	37	there	there	PRON
esutjss-245	376	38	was	be	VERB
esutjss-245	376	39	a	a	DET
esutjss-245	376	40	decrease	decrease	NOUN
esutjss-245	376	41	of	of	ADP
esutjss-245	376	42	4	4	NUM
esutjss-245	376	43	%	%	NOUN
esutjss-245	376	44	,	,	PUNCT
esutjss-245	376	45	from	from	ADP
esutjss-245	376	46	2016	2016	NUM
esutjss-245	376	47	to	to	ADP
esutjss-245	376	48	2017	2017	NUM
esutjss-245	376	49	there	there	PRON
esutjss-245	376	50	was	be	VERB
esutjss-245	376	51	a	a	DET
esutjss-245	376	52	decrease	decrease	NOUN
esutjss-245	376	53	of	of	ADP
esutjss-245	376	54	12.5	12.5	NUM
esutjss-245	376	55	%	%	NOUN
esutjss-245	376	56	,	,	PUNCT
esutjss-245	376	57	from	from	ADP
esutjss-245	376	58	2017	2017	NUM
esutjss-245	376	59	to	to	ADP
esutjss-245	376	60	2018	2018	NUM
esutjss-245	376	61	there	there	PRON
esutjss-245	376	62	was	be	VERB
esutjss-245	376	63	an	an	DET
esutjss-245	376	64	increase	increase	NOUN
esutjss-245	376	65	of	of	ADP
esutjss-245	376	66	23.81	23.81	NUM
esutjss-245	376	67	%	%	NOUN
esutjss-245	376	68	,	,	PUNCT
esutjss-245	376	69	from	from	ADP
esutjss-245	376	70	2018	2018	NUM
esutjss-245	376	71	to	to	ADP
esutjss-245	376	72	2019	2019	NUM
esutjss-245	376	73	there	there	PRON
esutjss-245	376	74	was	be	VERB
esutjss-245	376	75	a	a	DET
esutjss-245	376	76	decrease	decrease	NOUN
esutjss-245	376	77	of	of	ADP
esutjss-245	376	78	19.23	19.23	NUM
esutjss-245	376	79	%	%	NOUN
esutjss-245	376	80	,	,	PUNCT
esutjss-245	376	81	from	from	ADP
esutjss-245	376	82	2019	2019	NUM
esutjss-245	376	83	to	to	ADP
esutjss-245	376	84	2020	2020	NUM
esutjss-245	376	85	there	there	PRON
esutjss-245	376	86	was	be	VERB
esutjss-245	376	87	a	a	DET
esutjss-245	376	88	decrease	decrease	NOUN
esutjss-245	376	89	of	of	ADP
esutjss-245	376	90	33.33	33.33	NUM
esutjss-245	376	91	%	%	NOUN
esutjss-245	376	92	,	,	PUNCT
esutjss-245	376	93	from	from	ADP
esutjss-245	376	94	2020	2020	NUM
esutjss-245	376	95	to	to	ADP
esutjss-245	376	96	2021	2021	NUM
esutjss-245	376	97	there	there	PRON
esutjss-245	376	98	was	be	VERB
esutjss-245	376	99	a	a	DET
esutjss-245	376	100	decrease	decrease	NOUN
esutjss-245	376	101	of	of	ADP
esutjss-245	376	102	42.86	42.86	NUM
esutjss-245	376	103	%	%	NOUN
esutjss-245	376	104	,	,	PUNCT
esutjss-245	376	105	from	from	ADP
esutjss-245	376	106	2021	2021	NUM
esutjss-245	376	107	to	to	ADP
esutjss-245	376	108	2022	2022	NUM
esutjss-245	376	109	there	there	PRON
esutjss-245	376	110	was	be	VERB
esutjss-245	376	111	an	an	DET
esutjss-245	376	112	increase	increase	NOUN
esutjss-245	376	113	of	of	ADP
esutjss-245	376	114	50	50	NUM
esutjss-245	376	115	%	%	NOUN
esutjss-245	376	116	,	,	PUNCT
esutjss-245	376	117	from	from	ADP
esutjss-245	376	118	2022	2022	NUM
esutjss-245	376	119	to	to	ADP
esutjss-245	376	120	2023	2023	NUM
esutjss-245	376	121	there	there	PRON
esutjss-245	376	122	was	be	VERB
esutjss-245	376	123	a	a	DET
esutjss-245	376	124	decrease	decrease	NOUN
esutjss-245	376	125	of	of	ADP
esutjss-245	376	126	8.33	8.33	NUM
esutjss-245	376	127	%	%	NOUN
esutjss-245	376	128	.	.	PUNCT
esutjss-245	377	1	over	over	ADP
esutjss-245	377	2	the	the	DET
esutjss-245	377	3	ten	ten	NUM
esutjss-245	377	4	years	year	NOUN
esutjss-245	377	5	period	period	NOUN
esutjss-245	377	6	from	from	ADP
esutjss-245	377	7	2014	2014	NUM
esutjss-245	377	8	to	to	ADP
esutjss-245	377	9	2023	2023	NUM
esutjss-245	377	10	,	,	PUNCT
esutjss-245	377	11	dangote	dangote	VERB
esutjss-245	377	12	cement	cement	NOUN
esutjss-245	377	13	net	net	ADJ
esutjss-245	377	14	profit	profit	NOUN
esutjss-245	377	15	margin	margin	NOUN
esutjss-245	377	16	exhibited	exhibit	VERB
esutjss-245	377	17	significant	significant	ADJ
esutjss-245	377	18	fluctuations	fluctuation	NOUN
esutjss-245	377	19	.	.	PUNCT
esutjss-245	378	1	from	from	ADP
esutjss-245	378	2	2014	2014	NUM
esutjss-245	378	3	to	to	ADP
esutjss-245	378	4	2015	2015	NUM
esutjss-245	378	5	there	there	PRON
esutjss-245	378	6	was	be	VERB
esutjss-245	378	7	an	an	DET
esutjss-245	378	8	increase	increase	NOUN
esutjss-245	378	9	of	of	ADP
esutjss-245	378	10	10	10	NUM
esutjss-245	378	11	%	%	NOUN
esutjss-245	378	12	,	,	PUNCT
esutjss-245	378	13	from	from	ADP
esutjss-245	378	14	2015	2015	NUM
esutjss-245	378	15	to	to	ADP
esutjss-245	378	16	2016	2016	NUM
esutjss-245	378	17	there	there	PRON
esutjss-245	378	18	was	be	VERB
esutjss-245	378	19	a	a	DET
esutjss-245	378	20	substantial	substantial	ADJ
esutjss-245	378	21	increase	increase	NOUN
esutjss-245	378	22	of	of	ADP
esutjss-245	378	23	56.36	56.36	NUM
esutjss-245	378	24	%	%	NOUN
esutjss-245	378	25	,	,	PUNCT
esutjss-245	378	26	from	from	ADP
esutjss-245	378	27	2016	2016	NUM
esutjss-245	378	28	to	to	ADP
esutjss-245	378	29	2017	2017	NUM
esutjss-245	378	30	there	there	PRON
esutjss-245	378	31	was	be	VERB
esutjss-245	378	32	a	a	DET
esutjss-245	378	33	significant	significant	ADJ
esutjss-245	378	34	decrease	decrease	NOUN
esutjss-245	378	35	of	of	ADP
esutjss-245	378	36	46.51	46.51	NUM
esutjss-245	378	37	%	%	NOUN
esutjss-245	378	38	,	,	PUNCT
esutjss-245	378	39	from	from	ADP
esutjss-245	378	40	2017	2017	NUM
esutjss-245	378	41	to	to	ADP
esutjss-245	378	42	2018	2018	NUM
esutjss-245	378	43	there	there	PRON
esutjss-245	378	44	was	be	VERB
esutjss-245	378	45	a	a	DET
esutjss-245	378	46	notable	notable	ADJ
esutjss-245	378	47	increase	increase	NOUN
esutjss-245	378	48	of	of	ADP
esutjss-245	378	49	69.57	69.57	NUM
esutjss-245	378	50	%	%	NOUN
esutjss-245	378	51	,	,	PUNCT
esutjss-245	378	52	from	from	ADP
esutjss-245	378	53	2018	2018	NUM
esutjss-245	378	54	to	to	ADP
esutjss-245	378	55	2019	2019	NUM
esutjss-245	378	56	there	there	PRON
esutjss-245	378	57	was	be	VERB
esutjss-245	378	58	a	a	DET
esutjss-245	378	59	decrease	decrease	NOUN
esutjss-245	378	60	of	of	ADP
esutjss-245	378	61	44.87	44.87	NUM
esutjss-245	378	62	%	%	NOUN
esutjss-245	378	63	,	,	PUNCT
esutjss-245	378	64	from	from	ADP
esutjss-245	378	65	2019	2019	NUM
esutjss-245	378	66	to	to	ADP
esutjss-245	378	67	2020	2020	NUM
esutjss-245	378	68	there	there	PRON
esutjss-245	378	69	was	be	VERB
esutjss-245	378	70	an	an	DET
esutjss-245	378	71	increase	increase	NOUN
esutjss-245	378	72	of	of	ADP
esutjss-245	378	73	13.95	13.95	NUM
esutjss-245	378	74	%	%	NOUN
esutjss-245	378	75	,	,	PUNCT
esutjss-245	378	76	from	from	ADP
esutjss-245	378	77	2020	2020	NUM
esutjss-245	378	78	to	to	ADP
esutjss-245	378	79	2021	2021	NUM
esutjss-245	378	80	there	there	PRON
esutjss-245	378	81	was	be	VERB
esutjss-245	378	82	a	a	DET
esutjss-245	378	83	decrease	decrease	NOUN
esutjss-245	378	84	of	of	ADP
esutjss-245	378	85	22.45	22.45	NUM
esutjss-245	378	86	%	%	NOUN
esutjss-245	378	87	,	,	PUNCT
esutjss-245	378	88	from	from	ADP
esutjss-245	378	89	2021	2021	NUM
esutjss-245	378	90	to	to	ADP
esutjss-245	378	91	2022	2022	NUM
esutjss-245	378	92	there	there	PRON
esutjss-245	378	93	was	be	VERB
esutjss-245	378	94	a	a	DET
esutjss-245	378	95	decrease	decrease	NOUN
esutjss-245	378	96	of	of	ADP
esutjss-245	378	97	13.16	13.16	NUM
esutjss-245	378	98	%	%	NOUN
esutjss-245	378	99	,	,	PUNCT
esutjss-245	378	100	from	from	ADP
esutjss-245	378	101	2022	2022	NUM
esutjss-245	378	102	to	to	ADP
esutjss-245	378	103	2023	2023	NUM
esutjss-245	378	104	there	there	PRON
esutjss-245	378	105	was	be	VERB
esutjss-245	378	106	an	an	DET
esutjss-245	378	107	increase	increase	NOUN
esutjss-245	378	108	of	of	ADP
esutjss-245	378	109	15.15	15.15	NUM
esutjss-245	378	110	%	%	NOUN
esutjss-245	378	111	over	over	ADP
esutjss-245	378	112	the	the	DET
esutjss-245	378	113	ten	ten	NUM
esutjss-245	378	114	years	year	NOUN
esutjss-245	378	115	period	period	NOUN
esutjss-245	378	116	from	from	ADP
esutjss-245	378	117	2014	2014	NUM
esutjss-245	378	118	to	to	ADP
esutjss-245	378	119	2023	2023	NUM
esutjss-245	378	120	,	,	PUNCT
esutjss-245	378	121	lafarge	lafarge	PROPN
esutjss-245	378	122	plc	plc	PROPN
esutjss-245	378	123	net	net	ADJ
esutjss-245	378	124	profit	profit	NOUN
esutjss-245	378	125	margin	margin	NOUN
esutjss-245	378	126	experienced	experience	VERB
esutjss-245	378	127	both	both	DET
esutjss-245	378	128	significant	significant	ADJ
esutjss-245	378	129	increases	increase	NOUN
esutjss-245	378	130	and	and	CCONJ
esutjss-245	378	131	decreases	decrease	NOUN
esutjss-245	378	132	.	.	PUNCT
esutjss-245	379	1	from	from	ADP
esutjss-245	379	2	2014	2014	NUM
esutjss-245	379	3	to	to	ADP
esutjss-245	379	4	2015	2015	NUM
esutjss-245	379	5	there	there	PRON
esutjss-245	379	6	was	be	VERB
esutjss-245	379	7	a	a	DET
esutjss-245	379	8	sloth	sloth	NOUN
esutjss-245	379	9	decrease	decrease	NOUN
esutjss-245	379	10	of	of	ADP
esutjss-245	379	11	3.70	3.70	NUM
esutjss-245	379	12	%	%	NOUN
esutjss-245	379	13	,	,	PUNCT
esutjss-245	379	14	from	from	ADP
esutjss-245	379	15	2015	2015	NUM
esutjss-245	379	16	to	to	ADP
esutjss-245	379	17	2016	2016	NUM
esutjss-245	379	18	there	there	PRON
esutjss-245	379	19	was	be	VERB
esutjss-245	379	20	a	a	DET
esutjss-245	379	21	further	further	ADJ
esutjss-245	379	22	decrease	decrease	NOUN
esutjss-245	379	23	of	of	ADP
esutjss-245	379	24	7.69	7.69	NUM
esutjss-245	379	25	%	%	NOUN
esutjss-245	379	26	,	,	PUNCT
esutjss-245	379	27	from	from	ADP
esutjss-245	379	28	2016	2016	NUM
esutjss-245	379	29	to	to	ADP
esutjss-245	379	30	2017	2017	NUM
esutjss-245	379	31	there	there	PRON
esutjss-245	379	32	was	be	VERB
esutjss-245	379	33	a	a	DET
esutjss-245	379	34	sharp	sharp	ADJ
esutjss-245	379	35	decline	decline	NOUN
esutjss-245	379	36	of	of	ADP
esutjss-245	379	37	129.17	129.17	NUM
esutjss-245	379	38	%	%	NOUN
esutjss-245	379	39	,	,	PUNCT
esutjss-245	379	40	turning	turn	VERB
esutjss-245	379	41	negative	negative	ADJ
esutjss-245	379	42	,	,	PUNCT
esutjss-245	379	43	from	from	ADP
esutjss-245	379	44	2017	2017	NUM
esutjss-245	379	45	to	to	ADP
esutjss-245	379	46	2018	2018	NUM
esutjss-245	379	47	there	there	PRON
esutjss-245	379	48	was	be	VERB
esutjss-245	379	49	a	a	DET
esutjss-245	379	50	recovery	recovery	NOUN
esutjss-245	379	51	of	of	ADP
esutjss-245	379	52	128.57	128.57	NUM
esutjss-245	379	53	%	%	NOUN
esutjss-245	379	54	,	,	PUNCT
esutjss-245	379	55	returning	return	VERB
esutjss-245	379	56	positive	positive	ADJ
esutjss-245	379	57	,	,	PUNCT
esutjss-245	379	58	from	from	ADP
esutjss-245	379	59	2018	2018	NUM
esutjss-245	379	60	to	to	ADP
esutjss-245	379	61	2019	2019	NUM
esutjss-245	379	62	there	there	PRON
esutjss-245	379	63	was	be	VERB
esutjss-245	379	64	a	a	DET
esutjss-245	379	65	substantial	substantial	ADJ
esutjss-245	379	66	increase	increase	NOUN
esutjss-245	379	67	of	of	ADP
esutjss-245	379	68	500	500	NUM
esutjss-245	379	69	%	%	NOUN
esutjss-245	379	70	,	,	PUNCT
esutjss-245	379	71	from	from	ADP
esutjss-245	379	72	2019	2019	NUM
esutjss-245	379	73	to	to	ADP
esutjss-245	379	74	2020	2020	NUM
esutjss-245	379	75	there	there	PRON
esutjss-245	379	76	was	be	VERB
esutjss-245	379	77	an	an	DET
esutjss-245	379	78	increase	increase	NOUN
esutjss-245	379	79	of	of	ADP
esutjss-245	379	80	16.67	16.67	NUM
esutjss-245	379	81	%	%	NOUN
esutjss-245	379	82	,	,	PUNCT
esutjss-245	379	83	from	from	ADP
esutjss-245	379	84	2020	2020	NUM
esutjss-245	379	85	to	to	ADP
esutjss-245	379	86	2021	2021	NUM
esutjss-245	379	87	there	there	PRON
esutjss-245	379	88	was	be	VERB
esutjss-245	379	89	an	an	DET
esutjss-245	379	90	increase	increase	NOUN
esutjss-245	379	91	of	of	ADP
esutjss-245	379	92	42.86	42.86	NUM
esutjss-245	379	93	%	%	NOUN
esutjss-245	379	94	,	,	PUNCT
esutjss-245	379	95	from	from	ADP
esutjss-245	379	96	2021	2021	NUM
esutjss-245	379	97	to	to	ADP
esutjss-245	379	98	2022	2022	NUM
esutjss-245	379	99	there	there	PRON
esutjss-245	379	100	was	be	VERB
esutjss-245	379	101	a	a	DET
esutjss-245	379	102	decrease	decrease	NOUN
esutjss-245	379	103	of	of	ADP
esutjss-245	379	104	20	20	NUM
esutjss-245	379	105	%	%	NOUN
esutjss-245	379	106	,	,	PUNCT
esutjss-245	379	107	from	from	ADP
esutjss-245	379	108	2022	2022	NUM
esutjss-245	379	109	to	to	ADP
esutjss-245	379	110	2023	2023	NUM
esutjss-245	379	111	there	there	PRON
esutjss-245	379	112	was	be	VERB
esutjss-245	379	113	a	a	DET
esutjss-245	379	114	decrease	decrease	NOUN
esutjss-245	379	115	of	of	ADP
esutjss-245	379	116	18.75	18.75	NUM
esutjss-245	379	117	%	%	NOUN
esutjss-245	379	118	.	.	PUNCT
esutjss-245	380	1	over	over	ADP
esutjss-245	380	2	the	the	DET
esutjss-245	380	3	ten	ten	NUM
esutjss-245	380	4	years	year	NOUN
esutjss-245	380	5	period	period	NOUN
esutjss-245	380	6	from	from	ADP
esutjss-245	380	7	2014	2014	NUM
esutjss-245	380	8	to	to	ADP
esutjss-245	380	9	2023	2023	NUM
esutjss-245	380	10	,	,	PUNCT
esutjss-245	380	11	meyer	meyer	PROPN
esutjss-245	380	12	plc	plc	PROPN
esutjss-245	380	13	net	net	ADJ
esutjss-245	380	14	profit	profit	NOUN
esutjss-245	380	15	margin	margin	NOUN
esutjss-245	380	16	exhibited	exhibit	VERB
esutjss-245	380	17	significant	significant	ADJ
esutjss-245	380	18	volatility	volatility	NOUN
esutjss-245	380	19	.	.	PUNCT
esutjss-245	381	1	from	from	ADP
esutjss-245	381	2	2014	2014	NUM
esutjss-245	381	3	to	to	ADP
esutjss-245	381	4	2015	2015	NUM
esutjss-245	381	5	there	there	PRON
esutjss-245	381	6	was	be	VERB
esutjss-245	381	7	a	a	DET
esutjss-245	381	8	dramatic	dramatic	ADJ
esutjss-245	381	9	400	400	NUM
esutjss-245	381	10	%	%	NOUN
esutjss-245	381	11	increase	increase	NOUN
esutjss-245	381	12	,	,	PUNCT
esutjss-245	381	13	turning	turn	VERB
esutjss-245	381	14	the	the	DET
esutjss-245	381	15	margin	margin	NOUN
esutjss-245	381	16	positive	positive	ADJ
esutjss-245	381	17	,	,	PUNCT
esutjss-245	381	18	from	from	ADP
esutjss-245	381	19	2015	2015	NUM
esutjss-245	381	20	to	to	ADP
esutjss-245	381	21	2016	2016	NUM
esutjss-245	381	22	there	there	PRON
esutjss-245	381	23	was	be	VERB
esutjss-245	381	24	a	a	DET
esutjss-245	381	25	sharp	sharp	ADJ
esutjss-245	381	26	433.33	433.33	NUM
esutjss-245	381	27	%	%	NOUN
esutjss-245	381	28	decrease	decrease	NOUN
esutjss-245	381	29	,	,	PUNCT
esutjss-245	381	30	turning	turn	VERB
esutjss-245	381	31	the	the	DET
esutjss-245	381	32	margin	margin	NOUN
esutjss-245	381	33	negative	negative	ADJ
esutjss-245	381	34	,	,	PUNCT
esutjss-245	381	35	from	from	ADP
esutjss-245	381	36	2016	2016	NUM
esutjss-245	381	37	to	to	ADP
esutjss-245	381	38	2017	2017	NUM
esutjss-245	381	39	there	there	PRON
esutjss-245	381	40	was	be	VERB
esutjss-245	381	41	a	a	DET
esutjss-245	381	42	20	20	NUM
esutjss-245	381	43	%	%	NOUN
esutjss-245	381	44	further	further	ADJ
esutjss-245	381	45	decrease	decrease	NOUN
esutjss-245	381	46	,	,	PUNCT
esutjss-245	381	47	deepening	deepen	VERB
esutjss-245	381	48	the	the	DET
esutjss-245	381	49	negative	negative	ADJ
esutjss-245	381	50	margin	margin	NOUN
esutjss-245	381	51	,	,	PUNCT
esutjss-245	381	52	from	from	ADP
esutjss-245	381	53	2017	2017	NUM
esutjss-245	381	54	to	to	ADP
esutjss-245	381	55	2018	2018	NUM
esutjss-245	381	56	there	there	PRON
esutjss-245	381	57	was	be	VERB
esutjss-245	381	58	a	a	DET
esutjss-245	381	59	major	major	ADJ
esutjss-245	381	60	237.5	237.5	NUM
esutjss-245	381	61	%	%	NOUN
esutjss-245	381	62	increase	increase	NOUN
esutjss-245	381	63	,	,	PUNCT
esutjss-245	381	64	turning	turn	VERB
esutjss-245	381	65	the	the	DET
esutjss-245	381	66	margin	margin	NOUN
esutjss-245	381	67	positive	positive	ADJ
esutjss-245	381	68	again	again	ADV
esutjss-245	381	69	,	,	PUNCT
esutjss-245	381	70	from	from	ADP
esutjss-245	381	71	2018	2018	NUM
esutjss-245	381	72	to	to	ADP
esutjss-245	381	73	2019	2019	NUM
esutjss-245	381	74	there	there	PRON
esutjss-245	381	75	was	be	VERB
esutjss-245	381	76	a	a	DET
esutjss-245	381	77	106.06	106.06	NUM
esutjss-245	381	78	%	%	NOUN
esutjss-245	381	79	decrease	decrease	NOUN
esutjss-245	381	80	,	,	PUNCT
esutjss-245	381	81	leading	lead	VERB
esutjss-245	381	82	to	to	ADP
esutjss-245	381	83	a	a	DET
esutjss-245	381	84	negative	negative	ADJ
esutjss-245	381	85	margin	margin	NOUN
esutjss-245	381	86	,	,	PUNCT
esutjss-245	381	87	from	from	ADP
esutjss-245	381	88	2019	2019	NUM
esutjss-245	381	89	to	to	ADP
esutjss-245	381	90	2020	2020	NUM
esutjss-245	381	91	there	there	PRON
esutjss-245	381	92	was	be	VERB
esutjss-245	381	93	an	an	DET
esutjss-245	381	94	extraordinary	extraordinary	ADJ
esutjss-245	381	95	6600	6600	NUM
esutjss-245	381	96	%	%	NOUN
esutjss-245	381	97	decrease	decrease	NOUN
esutjss-245	381	98	,	,	PUNCT
esutjss-245	381	99	reflecting	reflect	VERB
esutjss-245	381	100	a	a	DET
esutjss-245	381	101	significant	significant	ADJ
esutjss-245	381	102	loss	loss	NOUN
esutjss-245	381	103	,	,	PUNCT
esutjss-245	381	104	from	from	ADP
esutjss-245	381	105	2020	2020	NUM
esutjss-245	381	106	to	to	ADP
esutjss-245	381	107	2021	2021	NUM
esutjss-245	381	108	there	there	PRON
esutjss-245	381	109	was	be	VERB
esutjss-245	381	110	a	a	DET
esutjss-245	381	111	recovery	recovery	NOUN
esutjss-245	381	112	with	with	ADP
esutjss-245	381	113	a	a	DET
esutjss-245	381	114	102.24	102.24	NUM
esutjss-245	381	115	%	%	NOUN
esutjss-245	381	116	increase	increase	NOUN
esutjss-245	381	117	,	,	PUNCT
esutjss-245	381	118	turning	turn	VERB
esutjss-245	381	119	positive	positive	ADJ
esutjss-245	381	120	,	,	PUNCT
esutjss-245	381	121	from	from	ADP
esutjss-245	381	122	2021	2021	NUM
esutjss-245	381	123	to	to	ADP
esutjss-245	381	124	2022	2022	NUM
esutjss-245	381	125	there	there	PRON
esutjss-245	381	126	was	be	VERB
esutjss-245	381	127	a	a	DET
esutjss-245	381	128	further	far	ADV
esutjss-245	381	129	strong	strong	ADJ
esutjss-245	381	130	800	800	NUM
esutjss-245	381	131	%	%	NOUN
esutjss-245	381	132	increase	increase	NOUN
esutjss-245	381	133	,	,	PUNCT
esutjss-245	381	134	further	far	ADV
esutjss-245	381	135	improving	improve	VERB
esutjss-245	381	136	the	the	DET
esutjss-245	381	137	margin	margin	NOUN
esutjss-245	381	138	,	,	PUNCT
esutjss-245	381	139	from	from	ADP
esutjss-245	381	140	2022	2022	NUM
esutjss-245	381	141	to	to	ADP
esutjss-245	381	142	2023	2023	NUM
esutjss-245	381	143	there	there	PRON
esutjss-245	381	144	was	be	VERB
esutjss-245	381	145	a	a	DET
esutjss-245	381	146	62.96	62.96	NUM
esutjss-245	381	147	%	%	NOUN
esutjss-245	381	148	decrease	decrease	NOUN
esutjss-245	381	149	,	,	PUNCT
esutjss-245	381	150	indicating	indicate	VERB
esutjss-245	381	151	a	a	DET
esutjss-245	381	152	drop	drop	NOUN
esutjss-245	381	153	but	but	CCONJ
esutjss-245	381	154	remaining	remain	VERB
esutjss-245	381	155	positive	positive	ADJ
esutjss-245	381	156	descriptive	descriptive	ADJ
esutjss-245	381	157	statistical	statistical	ADJ
esutjss-245	381	158	analysis	analysis	NOUN
esutjss-245	381	159	of	of	ADP
esutjss-245	381	160	the	the	DET
esutjss-245	381	161	data	datum	NOUN
esutjss-245	381	162	the	the	DET
esutjss-245	381	163	descriptive	descriptive	ADJ
esutjss-245	381	164	statistics	statistic	NOUN
esutjss-245	381	165	include	include	VERB
esutjss-245	381	166	mean	mean	NOUN
esutjss-245	381	167	,	,	PUNCT
esutjss-245	381	168	standard	standard	ADJ
esutjss-245	381	169	deviation	deviation	NOUN
esutjss-245	381	170	,	,	PUNCT
esutjss-245	381	171	maximum	maximum	ADJ
esutjss-245	381	172	,	,	PUNCT
esutjss-245	381	173	minimum	minimum	ADJ
esutjss-245	381	174	,	,	PUNCT
esutjss-245	381	175	skewness	skewness	NOUN
esutjss-245	381	176	and	and	CCONJ
esutjss-245	381	177	kurtosis	kurtosis	NOUN
esutjss-245	381	178	,	,	PUNCT
esutjss-245	381	179	as	as	ADV
esutjss-245	381	180	well	well	ADV
esutjss-245	381	181	as	as	ADP
esutjss-245	381	182	the	the	DET
esutjss-245	381	183	jacque	jacque	PROPN
esutjss-245	381	184	bera	bera	PROPN
esutjss-245	381	185	statistics	statistic	NOUN
esutjss-245	381	186	for	for	ADP
esutjss-245	381	187	the	the	DET
esutjss-245	381	188	individual	individual	ADJ
esutjss-245	381	189	variables	variable	NOUN
esutjss-245	381	190	.	.	PUNCT
esutjss-245	382	1	the	the	DET
esutjss-245	382	2	mean	mean	ADJ
esutjss-245	382	3	and	and	CCONJ
esutjss-245	382	4	standard	standard	ADJ
esutjss-245	382	5	deviation	deviation	NOUN
esutjss-245	382	6	was	be	AUX
esutjss-245	382	7	used	use	VERB
esutjss-245	382	8	to	to	PART
esutjss-245	382	9	explain	explain	VERB
esutjss-245	382	10	the	the	DET
esutjss-245	382	11	nature	nature	NOUN
esutjss-245	382	12	of	of	ADP
esutjss-245	382	13	the	the	DET
esutjss-245	382	14	data	datum	NOUN
esutjss-245	382	15	while	while	SCONJ
esutjss-245	382	16	the	the	DET
esutjss-245	382	17	jacque	jacque	PROPN
esutjss-245	382	18	bera	bera	NOUN
esutjss-245	382	19	captures	capture	VERB
esutjss-245	382	20	the	the	DET
esutjss-245	382	21	behavior	behavior	NOUN
esutjss-245	382	22	relation	relation	NOUN
esutjss-245	382	23	to	to	ADP
esutjss-245	382	24	time	time	NOUN
esutjss-245	382	25	series	series	NOUN
esutjss-245	382	26	.	.	PUNCT
esutjss-245	383	1	mean	mean	VERB
esutjss-245	383	2	is	be	AUX
esutjss-245	383	3	the	the	DET
esutjss-245	383	4	average	average	ADJ
esutjss-245	383	5	value	value	NOUN
esutjss-245	383	6	of	of	ADP
esutjss-245	383	7	the	the	DET
esutjss-245	383	8	series	series	NOUN
esutjss-245	383	9	,	,	PUNCT
esutjss-245	383	10	and	and	CCONJ
esutjss-245	383	11	standard	standard	ADJ
esutjss-245	383	12	deviation	deviation	NOUN
esutjss-245	383	13	measures	measure	NOUN
esutjss-245	383	14	dispersion	dispersion	NOUN
esutjss-245	383	15	in	in	ADP
esutjss-245	383	16	the	the	DET
esutjss-245	383	17	series	series	NOUN
esutjss-245	383	18	.	.	PUNCT
esutjss-245	384	1	the	the	DET
esutjss-245	384	2	jarque	jarque	NOUN
esutjss-245	384	3	-	-	PUNCT
esutjss-245	384	4	bera	bera	NOUN
esutjss-245	384	5	statistics	statistic	NOUN
esutjss-245	384	6	and	and	CCONJ
esutjss-245	384	7	its	its	PRON
esutjss-245	384	8	corresponding	corresponding	ADJ
esutjss-245	384	9	probability	probability	NOUN
esutjss-245	384	10	values	value	NOUN
esutjss-245	384	11	examined	examine	VERB
esutjss-245	384	12	the	the	DET
esutjss-245	384	13	normality	normality	NOUN
esutjss-245	384	14	of	of	ADP
esutjss-245	384	15	the	the	DET
esutjss-245	384	16	distributions	distribution	NOUN
esutjss-245	384	17	in	in	ADP
esutjss-245	384	18	the	the	DET
esutjss-245	384	19	individual	individual	ADJ
esutjss-245	384	20	variables	variable	NOUN
esutjss-245	384	21	.	.	PUNCT
esutjss-245	385	1	the	the	DET
esutjss-245	385	2	null	null	ADJ
esutjss-245	385	3	hypothesis	hypothesis	NOUN
esutjss-245	385	4	is	be	AUX
esutjss-245	385	5	that	that	SCONJ
esutjss-245	385	6	“	"	PUNCT
esutjss-245	385	7	the	the	DET
esutjss-245	385	8	variables	variable	NOUN
esutjss-245	385	9	are	be	AUX
esutjss-245	385	10	normally	normally	ADV
esutjss-245	385	11	distributed	distribute	VERB
esutjss-245	385	12	”	"	PUNCT
esutjss-245	385	13	.	.	PUNCT
esutjss-245	386	1	the	the	DET
esutjss-245	386	2	decision	decision	NOUN
esutjss-245	386	3	rule	rule	NOUN
esutjss-245	386	4	is	be	AUX
esutjss-245	386	5	to	to	PART
esutjss-245	386	6	reject	reject	VERB
esutjss-245	386	7	the	the	DET
esutjss-245	386	8	ho	ho	PROPN
esutjss-245	386	9	when	when	SCONJ
esutjss-245	386	10	p	p	NOUN
esutjss-245	386	11	-	-	PUNCT
esutjss-245	386	12	value	value	NOUN
esutjss-245	386	13	is	be	AUX
esutjss-245	386	14	less	less	ADJ
esutjss-245	386	15	than	than	ADP
esutjss-245	386	16	0.05	0.05	NUM
esutjss-245	386	17	%	%	NOUN
esutjss-245	386	18	level	level	NOUN
esutjss-245	386	19	of	of	ADP
esutjss-245	386	20	significance	significance	NOUN
esutjss-245	386	21	.	.	PUNCT
esutjss-245	387	1	these	these	PRON
esutjss-245	387	2	are	be	AUX
esutjss-245	387	3	used	use	VERB
esutjss-245	387	4	to	to	PART
esutjss-245	387	5	explain	explain	VERB
esutjss-245	387	6	the	the	DET
esutjss-245	387	7	nature	nature	NOUN
esutjss-245	387	8	of	of	ADP
esutjss-245	387	9	the	the	DET
esutjss-245	387	10	data	datum	NOUN
esutjss-245	387	11	for	for	ADP
esutjss-245	387	12	the	the	DET
esutjss-245	387	13	study	study	NOUN
esutjss-245	387	14	.	.	PUNCT
esutjss-245	388	1	table	table	NOUN
esutjss-245	388	2	4.5	4.5	NUM
esutjss-245	388	3	descriptive	descriptive	ADJ
esutjss-245	388	4	statistical	statistical	ADJ
esutjss-245	388	5	analysis	analysis	NOUN
esutjss-245	388	6	585	585	NUM
esutjss-245	388	7	fsize	fsize	NOUN
esutjss-245	388	8	fliq	fliq	NOUN
esutjss-245	388	9	flev	flev	PROPN
esutjss-245	388	10	pmar	pmar	PROPN
esutjss-245	388	11	mean	mean	VERB
esutjss-245	388	12	7.566600	7.566600	NUM
esutjss-245	388	13	1.262800	1.262800	NUM
esutjss-245	388	14	1.125000	1.125000	NUM
esutjss-245	388	15	0.217200	0.217200	NUM
esutjss-245	388	16	median	median	NOUN
esutjss-245	388	17	6.825000	6.825000	NUM
esutjss-245	388	18	1.220000	1.220000	NUM
esutjss-245	388	19	0.710000	0.710000	NUM
esutjss-245	388	20	0.140000	0.140000	NUM
esutjss-245	389	1	maximum	maximum	ADJ
esutjss-245	389	2	9.490000	9.490000	NUM
esutjss-245	389	3	3.380000	3.380000	NUM
esutjss-245	389	4	5.240000	5.240000	NUM
esutjss-245	389	5	1.340000	1.340000	NUM
esutjss-245	389	6	minimum	minimum	NOUN
esutjss-245	389	7	6.260000	6.260000	NUM
esutjss-245	389	8	0.220000	0.220000	NUM
esutjss-245	389	9	0.240000	0.240000	NUM
esutjss-245	389	10	-0.240000	-0.240000	NOUN
esutjss-245	389	11	std	std	PROPN
esutjss-245	389	12	.	.	PUNCT
esutjss-245	389	13	dev	dev	PROPN
esutjss-245	389	14	.	.	PUNCT
esutjss-245	390	1	1.197561	1.197561	NUM
esutjss-245	390	2	0.632336	0.632336	NUM
esutjss-245	390	3	1.120920	1.120920	NUM
esutjss-245	390	4	0.264691	0.264691	NUM
esutjss-245	390	5	skewness	skewness	NOUN
esutjss-245	390	6	0.412968	0.412968	NUM
esutjss-245	390	7	0.841151	0.841151	NUM
esutjss-245	390	8	2.440258	2.440258	NUM
esutjss-245	390	9	1.884454	1.884454	NUM
esutjss-245	390	10	kurtosis	kurtosis	NOUN
esutjss-245	390	11	1.375331	1.375331	NUM
esutjss-245	390	12	4.455645	4.455645	NUM
esutjss-245	390	13	8.615220	8.615220	NUM
esutjss-245	390	14	8.437107	8.437107	NUM
esutjss-245	390	15	jarque	jarque	NOUN
esutjss-245	390	16	-	-	PUNCT
esutjss-245	390	17	bera	bera	NOUN
esutjss-245	390	18	6.920252	6.920252	NUM
esutjss-245	390	19	10.31050	10.31050	NUM
esutjss-245	390	20	115.3128	115.3128	NUM
esutjss-245	390	21	91.18084	91.18084	NUM
esutjss-245	390	22	probability	probability	NOUN
esutjss-245	390	23	0.031426	0.031426	NUM
esutjss-245	390	24	0.005769	0.005769	NUM
esutjss-245	390	25	0.000000	0.000000	NUM
esutjss-245	390	26	0.000000	0.000000	NUM
esutjss-245	390	27	sum	sum	VERB
esutjss-245	390	28	378.3300	378.3300	NUM
esutjss-245	390	29	63.14000	63.14000	NUM
esutjss-245	390	30	56.25000	56.25000	NUM
esutjss-245	390	31	10.86000	10.86000	NUM
esutjss-245	390	32	sum	sum	NOUN
esutjss-245	390	33	sq	sq	PROPN
esutjss-245	390	34	.	.	PROPN
esutjss-245	390	35	dev	dev	PROPN
esutjss-245	390	36	.	.	PUNCT
esutjss-245	391	1	70.27352	70.27352	NUM
esutjss-245	391	2	19.59261	19.59261	NUM
esutjss-245	391	3	61.56665	61.56665	NUM
esutjss-245	391	4	3.433008	3.433008	NUM
esutjss-245	391	5	observations	observation	NOUN
esutjss-245	391	6	50	50	NUM
esutjss-245	391	7	50	50	NUM
esutjss-245	391	8	50	50	NUM
esutjss-245	391	9	50	50	NUM
esutjss-245	391	10	source	source	NOUN
esutjss-245	391	11	:	:	PUNCT
esutjss-245	391	12	researcher	researcher	NOUN
esutjss-245	391	13	computed	compute	VERB
esutjss-245	391	14	result	result	VERB
esutjss-245	391	15	the	the	DET
esutjss-245	391	16	result	result	NOUN
esutjss-245	391	17	on	on	ADP
esutjss-245	391	18	table	table	NOUN
esutjss-245	391	19	4.1	4.1	NUM
esutjss-245	391	20	demonstrates	demonstrate	VERB
esutjss-245	391	21	the	the	DET
esutjss-245	391	22	descriptive	descriptive	ADJ
esutjss-245	391	23	statistics	statistic	NOUN
esutjss-245	391	24	of	of	ADP
esutjss-245	391	25	the	the	DET
esutjss-245	391	26	firm	firm	NOUN
esutjss-245	391	27	attributes	attribute	VERB
esutjss-245	391	28	on	on	ADP
esutjss-245	391	29	financial	financial	ADJ
esutjss-245	391	30	performance	performance	NOUN
esutjss-245	391	31	oflisted	ofliste	VERB
esutjss-245	391	32	industrial	industrial	ADJ
esutjss-245	391	33	goods	good	NOUN
esutjss-245	391	34	firmsin	firmsin	VERB
esutjss-245	391	35	the	the	DET
esutjss-245	391	36	nigerian	nigerian	ADJ
esutjss-245	391	37	exchange	exchange	PROPN
esutjss-245	391	38	groupwith	groupwith	NOUN
esutjss-245	391	39	three	three	NUM
esutjss-245	391	40	independent	independent	ADJ
esutjss-245	391	41	variables	variable	NOUN
esutjss-245	391	42	for	for	ADP
esutjss-245	391	43	5	5	NUM
esutjss-245	391	44	listedindustrial	listedindustrial	ADJ
esutjss-245	391	45	goods	good	NOUN
esutjss-245	391	46	firms	firm	NOUN
esutjss-245	391	47	in	in	ADP
esutjss-245	391	48	nigeria	nigeria	PROPN
esutjss-245	391	49	for	for	ADP
esutjss-245	391	50	10	10	NUM
esutjss-245	391	51	years	year	NOUN
esutjss-245	391	52	period	period	NOUN
esutjss-245	391	53	of	of	ADP
esutjss-245	391	54	2014	2014	NUM
esutjss-245	391	55	to	to	ADP
esutjss-245	391	56	2023	2023	NUM
esutjss-245	391	57	.	.	PUNCT
esutjss-245	392	1	the	the	DET
esutjss-245	392	2	result	result	NOUN
esutjss-245	392	3	for	for	ADP
esutjss-245	392	4	the	the	DET
esutjss-245	392	5	mean	mean	ADJ
esutjss-245	392	6	value	value	NOUN
esutjss-245	392	7	offirm	offirm	ADJ
esutjss-245	392	8	size	size	NOUN
esutjss-245	392	9	is	be	AUX
esutjss-245	392	10	7.566	7.566	NUM
esutjss-245	392	11	.	.	PUNCT
esutjss-245	393	1	this	this	PRON
esutjss-245	393	2	indicates	indicate	VERB
esutjss-245	393	3	that	that	SCONJ
esutjss-245	393	4	firm	firm	ADJ
esutjss-245	393	5	size	size	NOUN
esutjss-245	393	6	on	on	ADP
esutjss-245	393	7	average	average	NOUN
esutjss-245	393	8	of	of	ADP
esutjss-245	393	9	the	the	DET
esutjss-245	393	10	sampled	sample	VERB
esutjss-245	393	11	listed	list	VERB
esutjss-245	393	12	industrial	industrial	ADJ
esutjss-245	393	13	goods	good	NOUN
esutjss-245	393	14	firms	firm	NOUN
esutjss-245	393	15	in	in	ADP
esutjss-245	393	16	nigeria	nigeria	PROPN
esutjss-245	393	17	is	be	AUX
esutjss-245	393	18	7.56	7.56	NUM
esutjss-245	393	19	%	%	NOUN
esutjss-245	393	20	.	.	PUNCT
esutjss-245	394	1	this	this	PRON
esutjss-245	394	2	implies	imply	VERB
esutjss-245	394	3	that	that	SCONJ
esutjss-245	394	4	averagely	averagely	ADV
esutjss-245	394	5	,	,	PUNCT
esutjss-245	394	6	the	the	DET
esutjss-245	394	7	firm	firm	NOUN
esutjss-245	394	8	sizeto	sizeto	VERB
esutjss-245	394	9	the	the	DET
esutjss-245	394	10	net	net	ADJ
esutjss-245	394	11	profit	profit	NOUN
esutjss-245	394	12	margin	margin	NOUN
esutjss-245	394	13	performance	performance	NOUN
esutjss-245	394	14	of	of	ADP
esutjss-245	394	15	listed	list	VERB
esutjss-245	394	16	industrial	industrial	ADJ
esutjss-245	394	17	goods	good	NOUN
esutjss-245	394	18	firms	firm	NOUN
esutjss-245	394	19	in	in	ADP
esutjss-245	394	20	the	the	DET
esutjss-245	394	21	nigerian	nigerian	ADJ
esutjss-245	394	22	exchange	exchange	NOUN
esutjss-245	394	23	group	group	NOUN
esutjss-245	394	24	is	be	AUX
esutjss-245	394	25	7.56	7.56	NUM
esutjss-245	394	26	%	%	NOUN
esutjss-245	394	27	of	of	ADP
esutjss-245	394	28	the	the	DET
esutjss-245	394	29	sample	sample	NOUN
esutjss-245	394	30	firms	firm	NOUN
esutjss-245	394	31	.	.	PUNCT
esutjss-245	395	1	it	it	PRON
esutjss-245	395	2	further	far	ADV
esutjss-245	395	3	indicates	indicate	VERB
esutjss-245	395	4	that	that	SCONJ
esutjss-245	395	5	financial	financial	ADJ
esutjss-245	395	6	liquidity	liquidity	NOUN
esutjss-245	395	7	,	,	PUNCT
esutjss-245	395	8	and	and	CCONJ
esutjss-245	395	9	financial	financial	ADJ
esutjss-245	395	10	leverage	leverage	NOUN
esutjss-245	395	11	in	in	ADP
esutjss-245	395	12	the	the	DET
esutjss-245	395	13	period	period	NOUN
esutjss-245	395	14	of	of	ADP
esutjss-245	395	15	study	study	NOUN
esutjss-245	395	16	and	and	CCONJ
esutjss-245	395	17	from	from	ADP
esutjss-245	395	18	the	the	DET
esutjss-245	395	19	sampled	sample	VERB
esutjss-245	395	20	industrial	industrial	ADJ
esutjss-245	395	21	goods	good	NOUN
esutjss-245	395	22	firms	firm	NOUN
esutjss-245	395	23	are	be	AUX
esutjss-245	395	24	1.26	1.26	NUM
esutjss-245	395	25	and	and	CCONJ
esutjss-245	395	26	1.12	1.12	NUM
esutjss-245	395	27	respectively	respectively	ADV
esutjss-245	395	28	.	.	PUNCT
esutjss-245	396	1	the	the	DET
esutjss-245	396	2	mean	mean	ADJ
esutjss-245	396	3	value	value	NOUN
esutjss-245	396	4	of	of	ADP
esutjss-245	396	5	the	the	DET
esutjss-245	396	6	dependent	dependent	ADJ
esutjss-245	396	7	variable	variable	ADJ
esutjss-245	396	8	“	"	PUNCT
esutjss-245	396	9	net	net	ADJ
esutjss-245	396	10	profit	profit	NOUN
esutjss-245	396	11	margin	margin	NOUN
esutjss-245	396	12	”	"	PUNCT
esutjss-245	396	13	is	be	AUX
esutjss-245	396	14	0.21	0.21	NUM
esutjss-245	396	15	.	.	PUNCT
esutjss-245	397	1	this	this	PRON
esutjss-245	397	2	indicates	indicate	VERB
esutjss-245	397	3	that	that	SCONJ
esutjss-245	397	4	averagely	averagely	ADV
esutjss-245	397	5	,	,	PUNCT
esutjss-245	397	6	the	the	DET
esutjss-245	397	7	proxies	proxy	NOUN
esutjss-245	397	8	of	of	ADP
esutjss-245	397	9	the	the	DET
esutjss-245	397	10	firms’attributes	firms’attribute	NOUN
esutjss-245	397	11	“	"	PUNCT
esutjss-245	397	12	firm	firm	ADJ
esutjss-245	397	13	size	size	NOUN
esutjss-245	397	14	,	,	PUNCT
esutjss-245	397	15	financial	financial	ADJ
esutjss-245	397	16	liquidity	liquidity	NOUN
esutjss-245	397	17	and	and	CCONJ
esutjss-245	397	18	financial	financial	ADJ
esutjss-245	397	19	leverage	leverage	NOUN
esutjss-245	397	20	”	"	PUNCT
esutjss-245	397	21	of	of	ADP
esutjss-245	397	22	the	the	DET
esutjss-245	397	23	sampled	sample	VERB
esutjss-245	397	24	deposit	deposit	NOUN
esutjss-245	397	25	industrial	industrial	ADJ
esutjss-245	397	26	goods	good	NOUN
esutjss-245	397	27	firms	firm	NOUN
esutjss-245	397	28	stood	stand	VERB
esutjss-245	397	29	at	at	ADP
esutjss-245	397	30	7.56	7.56	NUM
esutjss-245	397	31	,	,	PUNCT
esutjss-245	397	32	1.26	1.26	NUM
esutjss-245	397	33	and	and	CCONJ
esutjss-245	397	34	1.12	1.12	NUM
esutjss-245	397	35	respectively	respectively	ADV
esutjss-245	397	36	.	.	PUNCT
esutjss-245	398	1	while	while	SCONJ
esutjss-245	398	2	that	that	PRON
esutjss-245	398	3	of	of	ADP
esutjss-245	398	4	net	net	ADJ
esutjss-245	398	5	profit	profit	NOUN
esutjss-245	398	6	margin	margin	NOUN
esutjss-245	398	7	is	be	AUX
esutjss-245	398	8	averagely	averagely	ADV
esutjss-245	398	9	21	21	NUM
esutjss-245	398	10	%	%	NOUN
esutjss-245	398	11	of	of	ADP
esutjss-245	398	12	the	the	DET
esutjss-245	398	13	industrial	industrial	ADJ
esutjss-245	398	14	goods	good	NOUN
esutjss-245	398	15	firms	firm	NOUN
esutjss-245	398	16	in	in	ADP
esutjss-245	398	17	nigeria	nigeria	PROPN
esutjss-245	398	18	within	within	ADP
esutjss-245	398	19	the	the	DET
esutjss-245	398	20	period	period	NOUN
esutjss-245	398	21	under	under	ADP
esutjss-245	398	22	study	study	NOUN
esutjss-245	398	23	.	.	PUNCT
esutjss-245	399	1	the	the	DET
esutjss-245	399	2	median	median	ADJ
esutjss-245	399	3	descriptive	descriptive	ADJ
esutjss-245	399	4	statistics	statistic	NOUN
esutjss-245	399	5	value	value	NOUN
esutjss-245	399	6	which	which	PRON
esutjss-245	399	7	set	set	VERB
esutjss-245	399	8	the	the	DET
esutjss-245	399	9	benchmark	benchmark	NOUN
esutjss-245	399	10	and	and	CCONJ
esutjss-245	399	11	group	group	NOUN
esutjss-245	399	12	the	the	DET
esutjss-245	399	13	sampled	sample	VERB
esutjss-245	399	14	firms	firm	NOUN
esutjss-245	399	15	into	into	ADP
esutjss-245	399	16	below	below	ADP
esutjss-245	399	17	and	and	CCONJ
esutjss-245	399	18	above	above	ADP
esutjss-245	399	19	average	average	NOUN
esutjss-245	399	20	when	when	SCONJ
esutjss-245	399	21	there	there	PRON
esutjss-245	399	22	is	be	VERB
esutjss-245	399	23	a	a	DET
esutjss-245	399	24	wide	wide	ADJ
esutjss-245	399	25	difference	difference	NOUN
esutjss-245	399	26	between	between	ADP
esutjss-245	399	27	maximum	maximum	ADJ
esutjss-245	399	28	and	and	CCONJ
esutjss-245	399	29	minimum	minimum	ADJ
esutjss-245	399	30	values	value	NOUN
esutjss-245	399	31	are	be	AUX
esutjss-245	399	32	presented	present	VERB
esutjss-245	399	33	as	as	ADP
esutjss-245	399	34	6.82	6.82	NUM
esutjss-245	399	35	for	for	ADP
esutjss-245	399	36	firm	firm	ADJ
esutjss-245	399	37	size	size	NOUN
esutjss-245	399	38	,	,	PUNCT
esutjss-245	399	39	1.22	1.22	NUM
esutjss-245	399	40	for	for	ADP
esutjss-245	399	41	financial	financial	ADJ
esutjss-245	399	42	liquidity	liquidity	NOUN
esutjss-245	399	43	,	,	PUNCT
esutjss-245	399	44	0.71	0.71	NUM
esutjss-245	399	45	for	for	ADP
esutjss-245	399	46	financial	financial	ADJ
esutjss-245	399	47	leverage	leverage	NOUN
esutjss-245	399	48	and	and	CCONJ
esutjss-245	399	49	0.14	0.14	NUM
esutjss-245	399	50	for	for	ADP
esutjss-245	399	51	net	net	ADJ
esutjss-245	399	52	profit	profit	NOUN
esutjss-245	399	53	margin	margin	NOUN
esutjss-245	399	54	.	.	PUNCT
esutjss-245	400	1	the	the	DET
esutjss-245	400	2	sampled	sample	VERB
esutjss-245	400	3	industrial	industrial	ADJ
esutjss-245	400	4	good	good	ADJ
esutjss-245	400	5	firms	firm	NOUN
esutjss-245	400	6	’	'	PUNCT
esutjss-245	400	7	median	median	ADJ
esutjss-245	400	8	value	value	NOUN
esutjss-245	400	9	is	be	AUX
esutjss-245	400	10	the	the	DET
esutjss-245	400	11	benchmark	benchmark	NOUN
esutjss-245	400	12	or	or	CCONJ
esutjss-245	400	13	average	average	ADJ
esutjss-245	400	14	in	in	ADP
esutjss-245	400	15	all	all	DET
esutjss-245	400	16	the	the	DET
esutjss-245	400	17	proxies	proxy	NOUN
esutjss-245	400	18	of	of	ADP
esutjss-245	400	19	firm	firm	ADJ
esutjss-245	400	20	attributes	attribute	NOUN
esutjss-245	400	21	and	and	CCONJ
esutjss-245	400	22	financial	financial	ADJ
esutjss-245	400	23	performance	performance	NOUN
esutjss-245	400	24	for	for	ADP
esutjss-245	400	25	a	a	DET
esutjss-245	400	26	low	low	ADJ
esutjss-245	400	27	and	and	CCONJ
esutjss-245	400	28	high	high	ADJ
esutjss-245	400	29	performed	perform	VERB
esutjss-245	400	30	industrial	industrial	ADJ
esutjss-245	400	31	goods	good	NOUN
esutjss-245	400	32	firms	firm	NOUN
esutjss-245	400	33	’	'	PUNCT
esutjss-245	400	34	sector	sector	NOUN
esutjss-245	400	35	.	.	PUNCT
esutjss-245	401	1	the	the	DET
esutjss-245	401	2	maximum	maximum	ADJ
esutjss-245	401	3	descriptive	descriptive	ADJ
esutjss-245	401	4	statistics	statistic	NOUN
esutjss-245	401	5	value	value	NOUN
esutjss-245	401	6	which	which	PRON
esutjss-245	401	7	provides	provide	VERB
esutjss-245	401	8	the	the	DET
esutjss-245	401	9	largest	large	ADJ
esutjss-245	401	10	value	value	NOUN
esutjss-245	401	11	in	in	ADP
esutjss-245	401	12	the	the	DET
esutjss-245	401	13	data	datum	NOUN
esutjss-245	401	14	of	of	ADP
esutjss-245	401	15	the	the	DET
esutjss-245	401	16	sampled	sample	VERB
esutjss-245	401	17	banks	bank	NOUN
esutjss-245	401	18	and	and	CCONJ
esutjss-245	401	19	often	often	ADV
esutjss-245	401	20	used	use	VERB
esutjss-245	401	21	to	to	PART
esutjss-245	401	22	check	check	VERB
esutjss-245	401	23	for	for	ADP
esutjss-245	401	24	impossible	impossible	ADJ
esutjss-245	401	25	outcomes	outcome	NOUN
esutjss-245	401	26	are	be	AUX
esutjss-245	401	27	9.49	9.49	NUM
esutjss-245	401	28	,	,	PUNCT
esutjss-245	401	29	3.38	3.38	NUM
esutjss-245	401	30	,	,	PUNCT
esutjss-245	401	31	5.24	5.24	NUM
esutjss-245	401	32	and	and	CCONJ
esutjss-245	401	33	1.34	1.34	NUM
esutjss-245	401	34	respectively	respectively	ADV
esutjss-245	401	35	for	for	ADP
esutjss-245	401	36	firm	firm	ADJ
esutjss-245	401	37	size	size	NOUN
esutjss-245	401	38	,	,	PUNCT
esutjss-245	401	39	financial	financial	ADJ
esutjss-245	401	40	liquidity	liquidity	NOUN
esutjss-245	401	41	,	,	PUNCT
esutjss-245	401	42	financial	financial	ADJ
esutjss-245	401	43	leverage	leverage	NOUN
esutjss-245	401	44	and	and	CCONJ
esutjss-245	401	45	net	net	ADJ
esutjss-245	401	46	profit	profit	NOUN
esutjss-245	401	47	margin	margin	NOUN
esutjss-245	401	48	.	.	PUNCT
esutjss-245	402	1	the	the	DET
esutjss-245	402	2	standard	standard	ADJ
esutjss-245	402	3	deviation	deviation	NOUN
esutjss-245	402	4	which	which	PRON
esutjss-245	402	5	measures	measure	VERB
esutjss-245	402	6	the	the	DET
esutjss-245	402	7	degree	degree	NOUN
esutjss-245	402	8	of	of	ADP
esutjss-245	402	9	deviation	deviation	NOUN
esutjss-245	402	10	from	from	ADP
esutjss-245	402	11	the	the	DET
esutjss-245	402	12	mean	mean	ADJ
esutjss-245	402	13	and	and	CCONJ
esutjss-245	402	14	medium	medium	ADJ
esutjss-245	402	15	values	value	NOUN
esutjss-245	402	16	are	be	AUX
esutjss-245	402	17	1.19	1.19	NUM
esutjss-245	402	18	,	,	PUNCT
esutjss-245	402	19	0.63	0.63	NUM
esutjss-245	402	20	.	.	PUNCT
esutjss-245	403	1	1.12	1.12	NUM
esutjss-245	403	2	and	and	CCONJ
esutjss-245	403	3	0.26	0.26	NUM
esutjss-245	403	4	respectively	respectively	ADV
esutjss-245	403	5	for	for	ADP
esutjss-245	403	6	firm	firm	ADJ
esutjss-245	403	7	size	size	NOUN
esutjss-245	403	8	,	,	PUNCT
esutjss-245	403	9	financial	financial	ADJ
esutjss-245	403	10	liquidity	liquidity	NOUN
esutjss-245	403	11	,	,	PUNCT
esutjss-245	403	12	financial	financial	ADJ
esutjss-245	403	13	leverage	leverage	NOUN
esutjss-245	403	14	and	and	CCONJ
esutjss-245	403	15	net	net	ADJ
esutjss-245	403	16	profit	profit	NOUN
esutjss-245	403	17	margin	margin	NOUN
esutjss-245	403	18	.	.	PUNCT
esutjss-245	404	1	the	the	DET
esutjss-245	404	2	standard	standard	ADJ
esutjss-245	404	3	deviation	deviation	NOUN
esutjss-245	404	4	value	value	NOUN
esutjss-245	404	5	of	of	ADP
esutjss-245	404	6	firm	firm	ADJ
esutjss-245	404	7	size	size	NOUN
esutjss-245	404	8	,	,	PUNCT
esutjss-245	404	9	financial	financial	ADJ
esutjss-245	404	10	liquidity	liquidity	NOUN
esutjss-245	404	11	,	,	PUNCT
esutjss-245	404	12	financial	financial	ADJ
esutjss-245	404	13	leverage	leverage	NOUN
esutjss-245	404	14	and	and	CCONJ
esutjss-245	404	15	net	net	ADJ
esutjss-245	404	16	profit	profit	NOUN
esutjss-245	404	17	margin	margin	NOUN
esutjss-245	404	18	when	when	SCONJ
esutjss-245	404	19	compare	compare	VERB
esutjss-245	404	20	with	with	ADP
esutjss-245	404	21	their	their	PRON
esutjss-245	404	22	respective	respective	ADJ
esutjss-245	404	23	mean	mean	NOUN
esutjss-245	404	24	and	and	CCONJ
esutjss-245	404	25	medium	medium	NOUN
esutjss-245	404	26	showed	show	VERB
esutjss-245	404	27	little	little	ADJ
esutjss-245	404	28	difference	difference	NOUN
esutjss-245	404	29	and	and	CCONJ
esutjss-245	404	30	are	be	AUX
esutjss-245	404	31	free	free	ADJ
esutjss-245	404	32	from	from	ADP
esutjss-245	404	33	outliers	outlier	NOUN
esutjss-245	404	34	.	.	PUNCT
esutjss-245	405	1	hypotheses	hypothesis	NOUN
esutjss-245	405	2	testing	test	VERB
esutjss-245	405	3	586	586	NUM
esutjss-245	405	4	the	the	DET
esutjss-245	405	5	study	study	NOUN
esutjss-245	405	6	’s	’s	PART
esutjss-245	405	7	hypothesis	hypothesis	NOUN
esutjss-245	405	8	was	be	AUX
esutjss-245	405	9	tested	test	VERB
esutjss-245	405	10	using	use	VERB
esutjss-245	405	11	multiple	multiple	ADJ
esutjss-245	405	12	regression	regression	NOUN
esutjss-245	405	13	analysis	analysis	NOUN
esutjss-245	405	14	.	.	PUNCT
esutjss-245	406	1	this	this	DET
esutjss-245	406	2	approach	approach	NOUN
esutjss-245	406	3	enabled	enable	VERB
esutjss-245	406	4	the	the	DET
esutjss-245	406	5	study	study	NOUN
esutjss-245	406	6	investigate	investigate	VERB
esutjss-245	406	7	the	the	DET
esutjss-245	406	8	significance	significance	NOUN
esutjss-245	406	9	and	and	CCONJ
esutjss-245	406	10	strength	strength	NOUN
esutjss-245	406	11	of	of	ADP
esutjss-245	406	12	the	the	DET
esutjss-245	406	13	relationships	relationship	NOUN
esutjss-245	406	14	between	between	ADP
esutjss-245	406	15	the	the	DET
esutjss-245	406	16	variables	variable	NOUN
esutjss-245	406	17	of	of	ADP
esutjss-245	406	18	interest	interest	NOUN
esutjss-245	406	19	.	.	PUNCT
esutjss-245	407	1	table	table	NOUN
esutjss-245	407	2	4.6	4.6	NUM
esutjss-245	407	3	multiple	multiple	ADJ
esutjss-245	407	4	regression	regression	NOUN
esutjss-245	407	5	analysis	analysis	NOUN
esutjss-245	407	6	dependent	dependent	ADJ
esutjss-245	407	7	variable	variable	NOUN
esutjss-245	407	8	:	:	PUNCT
esutjss-245	407	9	pmar	pmar	NOUN
esutjss-245	407	10	method	method	NOUN
esutjss-245	407	11	:	:	PUNCT
esutjss-245	407	12	panel	panel	NOUN
esutjss-245	407	13	least	least	ADJ
esutjss-245	407	14	squares	square	NOUN
esutjss-245	407	15	date	date	NOUN
esutjss-245	407	16	:	:	PUNCT
esutjss-245	407	17	07/31/24	07/31/24	NUM
esutjss-245	407	18	time	time	NOUN
esutjss-245	407	19	:	:	PUNCT
esutjss-245	407	20	05:50	05:50	NUM
esutjss-245	407	21	sample	sample	NOUN
esutjss-245	407	22	:	:	PUNCT
esutjss-245	407	23	2014	2014	NUM
esutjss-245	407	24	2023	2023	NUM
esutjss-245	407	25	periods	period	NOUN
esutjss-245	407	26	included	include	VERB
esutjss-245	407	27	:	:	PUNCT
esutjss-245	407	28	10	10	NUM
esutjss-245	407	29	cross	cros	NOUN
esutjss-245	407	30	-	-	ADJ
esutjss-245	407	31	sections	section	NOUN
esutjss-245	407	32	included	include	VERB
esutjss-245	407	33	:	:	PUNCT
esutjss-245	407	34	5	5	NUM
esutjss-245	407	35	total	total	ADJ
esutjss-245	407	36	panel	panel	NOUN
esutjss-245	407	37	(	(	PUNCT
esutjss-245	407	38	balanced	balanced	ADJ
esutjss-245	407	39	)	)	PUNCT
esutjss-245	407	40	observations	observation	NOUN
esutjss-245	407	41	:	:	PUNCT
esutjss-245	407	42	50	50	NUM
esutjss-245	407	43	variable	variable	ADJ
esutjss-245	407	44	coefficien	coefficien	NOUN
esutjss-245	407	45	t	t	PROPN
esutjss-245	407	46	std	std	PROPN
esutjss-245	407	47	.	.	PUNCT
esutjss-245	407	48	error	error	NOUN
esutjss-245	407	49	t	t	NOUN
esutjss-245	407	50	-	-	PUNCT
esutjss-245	407	51	statistic	statistic	NOUN
esutjss-245	407	52	prob	prob	NOUN
esutjss-245	407	53	.	.	PUNCT
esutjss-245	408	1	c	c	NOUN
esutjss-245	408	2	-0.480351	-0.480351	NOUN
esutjss-245	408	3	0.404820	0.404820	NUM
esutjss-245	408	4	-1.186578	-1.186578	NOUN
esutjss-245	408	5	0.2415	0.2415	PRON
esutjss-245	408	6	fsize	fsize	VERB
esutjss-245	408	7	0.086486	0.086486	NUM
esutjss-245	408	8	0.040172	0.040172	NUM
esutjss-245	408	9	2.152883	2.152883	NUM
esutjss-245	408	10	0.0366	0.0366	NUM
esutjss-245	408	11	fliq	fliq	NOUN
esutjss-245	408	12	0.075264	0.075264	NUM
esutjss-245	408	13	0.073482	0.073482	NUM
esutjss-245	408	14	1.024247	1.024247	NUM
esutjss-245	408	15	0.3111	0.3111	NUM
esutjss-245	408	16	flev	flev	NOUN
esutjss-245	408	17	-0.046130	-0.046130	NOUN
esutjss-245	408	18	0.041683	0.041683	NUM
esutjss-245	408	19	-1.106666	-1.106666	NOUN
esutjss-245	409	1	0.2742	0.2742	NUM
esutjss-245	409	2	r	r	X
esutjss-245	409	3	-	-	PUNCT
esutjss-245	409	4	squared	square	VERB
esutjss-245	409	5	0.253943	0.253943	NUM
esutjss-245	409	6	mean	mean	NOUN
esutjss-245	409	7	dependent	dependent	ADJ
esutjss-245	409	8	var	var	NOUN
esutjss-245	409	9	0.21720	0.21720	NUM
esutjss-245	409	10	0	0	NUM
esutjss-245	409	11	adjusted	adjust	VERB
esutjss-245	409	12	rsquared	rsquare	VERB
esutjss-245	409	13	0.205287	0.205287	NUM
esutjss-245	409	14	s.d	s.d	PROPN
esutjss-245	409	15	.	.	PUNCT
esutjss-245	410	1	dependent	dependent	ADJ
esutjss-245	410	2	var	var	NOUN
esutjss-245	410	3	0.26469	0.26469	NUM
esutjss-245	410	4	1	1	NUM
esutjss-245	410	5	s.e	s.e	PROPN
esutjss-245	410	6	.	.	PROPN
esutjss-245	410	7	of	of	ADP
esutjss-245	410	8	regression	regression	NOUN
esutjss-245	410	9	0.235963	0.235963	NUM
esutjss-245	410	10	akaike	akaike	ADJ
esutjss-245	410	11	info	info	NOUN
esutjss-245	410	12	criterion	criterion	NOUN
esutjss-245	410	13	0.02633	0.02633	NUM
esutjss-245	410	14	7	7	NUM
esutjss-245	410	15	sum	sum	NOUN
esutjss-245	410	16	squared	square	VERB
esutjss-245	410	17	resid	resid	NOUN
esutjss-245	410	18	2.561219	2.561219	NUM
esutjss-245	410	19	schwarz	schwarz	NOUN
esutjss-245	410	20	criterion	criterion	NOUN
esutjss-245	410	21	0.17929	0.17929	NUM
esutjss-245	410	22	9	9	NUM
esutjss-245	410	23	log	log	NOUN
esutjss-245	410	24	likelihood	likelihood	NOUN
esutjss-245	410	25	3.341564	3.341564	NUM
esutjss-245	410	26	hannan	hannan	PROPN
esutjss-245	410	27	-	-	PUNCT
esutjss-245	410	28	quinn	quinn	PROPN
esutjss-245	410	29	criter	criter	NOUN
esutjss-245	410	30	.	.	PUNCT
esutjss-245	411	1	0.08458	0.08458	NUM
esutjss-245	411	2	6	6	NUM
esutjss-245	411	3	f	f	X
esutjss-245	411	4	-	-	PUNCT
esutjss-245	411	5	statistic	statistic	ADJ
esutjss-245	411	6	5.219166	5.219166	NUM
esutjss-245	411	7	durbin	durbin	ADJ
esutjss-245	411	8	-	-	PUNCT
esutjss-245	411	9	watson	watson	NOUN
esutjss-245	411	10	stat	stat	NOUN
esutjss-245	411	11	1.57767	1.57767	NUM
esutjss-245	411	12	9	9	NUM
esutjss-245	411	13	prob(f	prob(f	NOUN
esutjss-245	411	14	-	-	PUNCT
esutjss-245	411	15	statistic	statistic	NOUN
esutjss-245	411	16	)	)	PUNCT
esutjss-245	411	17	0.003475	0.003475	NUM
esutjss-245	411	18	source	source	NOUN
esutjss-245	411	19	:	:	PUNCT
esutjss-245	411	20	researcher	researcher	NOUN
esutjss-245	411	21	computation	computation	NOUN
esutjss-245	411	22	e	e	NOUN
esutjss-245	411	23	view	view	VERB
esutjss-245	411	24	9	9	NUM
esutjss-245	411	25	results	result	NOUN
esutjss-245	411	26	the	the	DET
esutjss-245	411	27	regression	regression	NOUN
esutjss-245	411	28	analysis	analysis	NOUN
esutjss-245	411	29	is	be	AUX
esutjss-245	411	30	therefore	therefore	ADV
esutjss-245	411	31	based	base	VERB
esutjss-245	411	32	on	on	ADP
esutjss-245	411	33	fixed	fix	VERB
esutjss-245	411	34	effect	effect	NOUN
esutjss-245	411	35	model	model	NOUN
esutjss-245	411	36	to	to	PART
esutjss-245	411	37	interpret	interpret	VERB
esutjss-245	411	38	the	the	DET
esutjss-245	411	39	places	place	NOUN
esutjss-245	411	40	of	of	ADP
esutjss-245	411	41	firm	firm	ADJ
esutjss-245	411	42	size	size	NOUN
esutjss-245	411	43	,	,	PUNCT
esutjss-245	411	44	financial	financial	ADJ
esutjss-245	411	45	liquidity	liquidity	NOUN
esutjss-245	411	46	,	,	PUNCT
esutjss-245	411	47	financial	financial	ADJ
esutjss-245	411	48	leverage	leverage	NOUN
esutjss-245	411	49	of	of	ADP
esutjss-245	411	50	firm	firm	NOUN
esutjss-245	411	51	attributes	attribute	VERB
esutjss-245	411	52	proxies	proxy	NOUN
esutjss-245	411	53	and	and	CCONJ
esutjss-245	411	54	net	net	ADJ
esutjss-245	411	55	profit	profit	NOUN
esutjss-245	411	56	margin	margin	NOUN
esutjss-245	411	57	of	of	ADP
esutjss-245	411	58	listed	list	VERB
esutjss-245	411	59	industrial	industrial	ADJ
esutjss-245	411	60	good	good	ADJ
esutjss-245	411	61	firms	firm	NOUN
esutjss-245	411	62	in	in	ADP
esutjss-245	411	63	nigeria	nigeria	PROPN
esutjss-245	411	64	.	.	PUNCT
esutjss-245	412	1	the	the	DET
esutjss-245	412	2	result	result	NOUN
esutjss-245	412	3	of	of	ADP
esutjss-245	412	4	the	the	DET
esutjss-245	412	5	coefficient	coefficient	NOUN
esutjss-245	412	6	of	of	ADP
esutjss-245	412	7	determination	determination	NOUN
esutjss-245	412	8	(	(	PUNCT
esutjss-245	412	9	r	r	NOUN
esutjss-245	412	10	-	-	PUNCT
esutjss-245	412	11	square)is	square)is	ADJ
esutjss-245	412	12	0.25	0.25	NUM
esutjss-245	412	13	.	.	PUNCT
esutjss-245	413	1	this	this	PRON
esutjss-245	413	2	means	mean	VERB
esutjss-245	413	3	that	that	SCONJ
esutjss-245	413	4	the	the	DET
esutjss-245	413	5	explanatory	explanatory	ADJ
esutjss-245	413	6	variables	variable	NOUN
esutjss-245	413	7	(	(	PUNCT
esutjss-245	413	8	firm	firm	ADJ
esutjss-245	413	9	size	size	NOUN
esutjss-245	413	10	,	,	PUNCT
esutjss-245	413	11	financial	financial	ADJ
esutjss-245	413	12	liquidity	liquidity	NOUN
esutjss-245	413	13	,	,	PUNCT
esutjss-245	413	14	financial	financial	ADJ
esutjss-245	413	15	leverage	leverage	NOUN
esutjss-245	413	16	)	)	PUNCT
esutjss-245	413	17	explain	explain	VERB
esutjss-245	413	18	the	the	DET
esutjss-245	413	19	respondent	respondent	ADJ
esutjss-245	413	20	variable	variable	NOUN
esutjss-245	413	21	(	(	PUNCT
esutjss-245	413	22	net	net	ADJ
esutjss-245	413	23	profit	profit	NOUN
esutjss-245	413	24	margin	margin	NOUN
esutjss-245	413	25	)	)	PUNCT
esutjss-245	413	26	of	of	ADP
esutjss-245	413	27	listed	list	VERB
esutjss-245	413	28	industrial	industrial	ADJ
esutjss-245	413	29	goods	good	NOUN
esutjss-245	413	30	firms	firm	NOUN
esutjss-245	413	31	in	in	ADP
esutjss-245	413	32	nigerian	nigerian	ADJ
esutjss-245	413	33	exchange	exchange	PROPN
esutjss-245	413	34	groupis	groupis	PROPN
esutjss-245	413	35	25	25	NUM
esutjss-245	413	36	%	%	NOUN
esutjss-245	413	37	.	.	PUNCT
esutjss-245	414	1	while	while	SCONJ
esutjss-245	414	2	75	75	NUM
esutjss-245	414	3	%	%	NOUN
esutjss-245	414	4	are	be	AUX
esutjss-245	414	5	outside	outside	ADP
esutjss-245	414	6	the	the	DET
esutjss-245	414	7	explanatory	explanatory	ADJ
esutjss-245	414	8	variables	variable	NOUN
esutjss-245	414	9	.	.	PUNCT
esutjss-245	415	1	the	the	DET
esutjss-245	415	2	f	f	PROPN
esutjss-245	415	3	-	-	PUNCT
esutjss-245	415	4	statistics	statistic	NOUN
esutjss-245	415	5	which	which	PRON
esutjss-245	415	6	is	be	AUX
esutjss-245	415	7	for	for	ADP
esutjss-245	415	8	testing	test	VERB
esutjss-245	415	9	the	the	DET
esutjss-245	415	10	overall	overall	ADJ
esutjss-245	415	11	effect	effect	NOUN
esutjss-245	415	12	of	of	ADP
esutjss-245	415	13	the	the	DET
esutjss-245	415	14	modelis5.2191	modelis5.2191	PROPN
esutjss-245	415	15	with	with	ADP
esutjss-245	415	16	a	a	DET
esutjss-245	415	17	p	p	NOUN
esutjss-245	415	18	-	-	PUNCT
esutjss-245	415	19	value	value	NOUN
esutjss-245	415	20	of	of	ADP
esutjss-245	415	21	0.0034.since	0.0034.since	NOUN
esutjss-245	415	22	the	the	DET
esutjss-245	415	23	p	p	NOUN
esutjss-245	415	24	-	-	PUNCT
esutjss-245	415	25	value	value	NOUN
esutjss-245	415	26	is	be	AUX
esutjss-245	415	27	less	less	ADJ
esutjss-245	415	28	than	than	ADP
esutjss-245	415	29	0.05	0.05	NUM
esutjss-245	415	30	%	%	NOUN
esutjss-245	415	31	level	level	NOUN
esutjss-245	415	32	of	of	ADP
esutjss-245	415	33	significance	significance	NOUN
esutjss-245	415	34	,	,	PUNCT
esutjss-245	415	35	the	the	DET
esutjss-245	415	36	study	study	NOUN
esutjss-245	415	37	concludes	conclude	VERB
esutjss-245	415	38	that	that	SCONJ
esutjss-245	415	39	the	the	DET
esutjss-245	415	40	explanatory	explanatory	ADJ
esutjss-245	415	41	variable	variable	NOUN
esutjss-245	415	42	including	include	VERB
esutjss-245	415	43	(	(	PUNCT
esutjss-245	415	44	firm	firm	ADJ
esutjss-245	415	45	size	size	NOUN
esutjss-245	415	46	,	,	PUNCT
esutjss-245	415	47	financial	financial	ADJ
esutjss-245	415	48	liquidity	liquidity	NOUN
esutjss-245	415	49	and	and	CCONJ
esutjss-245	415	50	financial	financial	ADJ
esutjss-245	415	51	leverage	leverage	NOUN
esutjss-245	415	52	)	)	PUNCT
esutjss-245	415	53	accounted	account	VERB
esutjss-245	415	54	for	for	ADP
esutjss-245	415	55	about	about	ADV
esutjss-245	415	56	25	25	NUM
esutjss-245	415	57	%	%	NOUN
esutjss-245	415	58	of	of	ADP
esutjss-245	415	59	the	the	DET
esutjss-245	415	60	net	net	ADJ
esutjss-245	415	61	profit	profit	NOUN
esutjss-245	415	62	marginof	marginof	NOUN
esutjss-245	415	63	listed	list	VERB
esutjss-245	415	64	industrial	industrial	ADJ
esutjss-245	415	65	goods	good	NOUN
esutjss-245	415	66	firms	firm	NOUN
esutjss-245	415	67	in	in	ADP
esutjss-245	415	68	the	the	DET
esutjss-245	415	69	nigerian	nigerian	ADJ
esutjss-245	415	70	exchange	exchange	NOUN
esutjss-245	415	71	group	group	NOUN
esutjss-245	415	72	.	.	PUNCT
esutjss-245	416	1	587	587	NUM
esutjss-245	416	2	the	the	DET
esutjss-245	416	3	result	result	NOUN
esutjss-245	416	4	of	of	ADP
esutjss-245	416	5	the	the	DET
esutjss-245	416	6	coefficient	coefficient	NOUN
esutjss-245	416	7	of	of	ADP
esutjss-245	416	8	independent	independent	ADJ
esutjss-245	416	9	variable	variable	NOUN
esutjss-245	416	10	that	that	PRON
esutjss-245	416	11	is	be	AUX
esutjss-245	416	12	used	use	VERB
esutjss-245	416	13	to	to	PART
esutjss-245	416	14	produce	produce	VERB
esutjss-245	416	15	the	the	DET
esutjss-245	416	16	equation	equation	NOUN
esutjss-245	416	17	of	of	ADP
esutjss-245	416	18	the	the	DET
esutjss-245	416	19	relationship	relationship	NOUN
esutjss-245	416	20	from	from	ADP
esutjss-245	416	21	the	the	DET
esutjss-245	416	22	model	model	NOUN
esutjss-245	416	23	is	be	AUX
esutjss-245	416	24	as	as	SCONJ
esutjss-245	416	25	given	give	VERB
esutjss-245	416	26	below	below	ADP
esutjss-245	416	27	:	:	PUNCT
esutjss-245	416	28	npm	npm	PROPN
esutjss-245	416	29	=	=	PUNCT
esutjss-245	416	30	-0.086486fsize	-0.086486fsize	VERB
esutjss-245	416	31	+	+	CCONJ
esutjss-245	417	1	0.075264fliq	0.075264fliq	PROPN
esutjss-245	418	1	+	+	CCONJ
esutjss-245	418	2	-0.399784pmar	-0.399784pmar	ADJ
esutjss-245	418	3	+	+	ADJ
esutjss-245	418	4	-0.480351	-0.480351	NOUN
esutjss-245	418	5	net	net	ADJ
esutjss-245	418	6	profit	profit	NOUN
esutjss-245	418	7	margin	margin	NOUN
esutjss-245	418	8	and	and	CCONJ
esutjss-245	418	9	firm	firm	ADJ
esutjss-245	418	10	size	size	NOUN
esutjss-245	418	11	the	the	DET
esutjss-245	418	12	coefficient	coefficient	NOUN
esutjss-245	418	13	of	of	ADP
esutjss-245	418	14	the	the	DET
esutjss-245	418	15	regression	regression	NOUN
esutjss-245	418	16	firm	firm	ADJ
esutjss-245	418	17	size	size	NOUN
esutjss-245	418	18	is	be	AUX
esutjss-245	418	19	-1.086	-1.086	PROPN
esutjss-245	418	20	.	.	PUNCT
esutjss-245	419	1	this	this	PRON
esutjss-245	419	2	means	mean	VERB
esutjss-245	419	3	that	that	SCONJ
esutjss-245	419	4	firm	firm	ADJ
esutjss-245	419	5	size	size	NOUN
esutjss-245	419	6	which	which	PRON
esutjss-245	419	7	is	be	AUX
esutjss-245	419	8	a	a	DET
esutjss-245	419	9	proxy	proxy	NOUN
esutjss-245	419	10	for	for	ADP
esutjss-245	419	11	firm	firm	ADJ
esutjss-245	419	12	attributes	attribute	NOUN
esutjss-245	419	13	,	,	PUNCT
esutjss-245	419	14	has	have	VERB
esutjss-245	419	15	a	a	DET
esutjss-245	419	16	negative	negative	ADJ
esutjss-245	419	17	relationship	relationship	NOUN
esutjss-245	419	18	with	with	ADP
esutjss-245	419	19	the	the	DET
esutjss-245	419	20	net	net	ADJ
esutjss-245	419	21	profit	profit	NOUN
esutjss-245	419	22	margin	margin	NOUN
esutjss-245	419	23	.	.	PUNCT
esutjss-245	420	1	this	this	PRON
esutjss-245	420	2	means	mean	VERB
esutjss-245	420	3	that	that	SCONJ
esutjss-245	420	4	a	a	DET
esutjss-245	420	5	unit	unit	NOUN
esutjss-245	420	6	increase	increase	NOUN
esutjss-245	420	7	in	in	ADP
esutjss-245	420	8	the	the	DET
esutjss-245	420	9	firm	firm	ADJ
esutjss-245	420	10	size	size	NOUN
esutjss-245	420	11	results	result	VERB
esutjss-245	420	12	to	to	ADP
esutjss-245	420	13	a	a	DET
esutjss-245	420	14	decrease	decrease	NOUN
esutjss-245	420	15	in	in	ADP
esutjss-245	420	16	net	net	ADJ
esutjss-245	420	17	profit	profit	NOUN
esutjss-245	420	18	margin	margin	NOUN
esutjss-245	420	19	of	of	ADP
esutjss-245	420	20	listed	list	VERB
esutjss-245	420	21	industrial	industrial	ADJ
esutjss-245	420	22	goods	good	NOUN
esutjss-245	420	23	firms	firm	NOUN
esutjss-245	420	24	in	in	ADP
esutjss-245	420	25	the	the	DET
esutjss-245	420	26	nigerian	nigerian	ADJ
esutjss-245	420	27	exchange	exchange	NOUN
esutjss-245	420	28	group	group	NOUN
esutjss-245	420	29	up	up	ADP
esutjss-245	420	30	to	to	PART
esutjss-245	420	31	8	8	NUM
esutjss-245	420	32	%	%	NOUN
esutjss-245	420	33	net	net	ADJ
esutjss-245	420	34	profit	profit	NOUN
esutjss-245	420	35	margin	margin	NOUN
esutjss-245	420	36	and	and	CCONJ
esutjss-245	420	37	financial	financial	ADJ
esutjss-245	420	38	liquidity	liquidity	NOUN
esutjss-245	420	39	the	the	DET
esutjss-245	420	40	coefficient	coefficient	NOUN
esutjss-245	420	41	of	of	ADP
esutjss-245	420	42	the	the	DET
esutjss-245	420	43	regression	regression	NOUN
esutjss-245	420	44	for	for	ADP
esutjss-245	420	45	financial	financial	ADJ
esutjss-245	420	46	liquidity	liquidity	NOUN
esutjss-245	420	47	is	be	AUX
esutjss-245	420	48	0.07	0.07	NUM
esutjss-245	420	49	.	.	PUNCT
esutjss-245	421	1	this	this	PRON
esutjss-245	421	2	indicates	indicate	VERB
esutjss-245	421	3	that	that	SCONJ
esutjss-245	421	4	financial	financial	ADJ
esutjss-245	421	5	liquidity	liquidity	NOUN
esutjss-245	421	6	has	have	VERB
esutjss-245	421	7	an	an	DET
esutjss-245	421	8	converse	converse	NOUN
esutjss-245	421	9	relationship	relationship	NOUN
esutjss-245	421	10	with	with	ADP
esutjss-245	421	11	the	the	DET
esutjss-245	421	12	net	net	ADJ
esutjss-245	421	13	profit	profit	NOUN
esutjss-245	421	14	margin	margin	NOUN
esutjss-245	421	15	of	of	ADP
esutjss-245	421	16	industrial	industrial	ADJ
esutjss-245	421	17	goods	good	NOUN
esutjss-245	421	18	firms	firm	NOUN
esutjss-245	421	19	in	in	ADP
esutjss-245	421	20	nigeria	nigeria	PROPN
esutjss-245	421	21	at	at	ADP
esutjss-245	421	22	7	7	NUM
esutjss-245	421	23	%	%	NOUN
esutjss-245	421	24	.	.	PUNCT
esutjss-245	422	1	net	net	ADJ
esutjss-245	422	2	profit	profit	NOUN
esutjss-245	422	3	margin	margin	NOUN
esutjss-245	422	4	and	and	CCONJ
esutjss-245	422	5	financial	financial	ADJ
esutjss-245	422	6	leverage	leverage	NOUN
esutjss-245	422	7	the	the	DET
esutjss-245	422	8	result	result	NOUN
esutjss-245	422	9	of	of	ADP
esutjss-245	422	10	the	the	DET
esutjss-245	422	11	coefficient	coefficient	NOUN
esutjss-245	422	12	of	of	ADP
esutjss-245	422	13	the	the	DET
esutjss-245	422	14	regression	regression	NOUN
esutjss-245	422	15	for	for	ADP
esutjss-245	422	16	financial	financial	ADJ
esutjss-245	422	17	leverage	leverage	NOUN
esutjss-245	422	18	is	be	AUX
esutjss-245	422	19	-0.04	-0.04	NUM
esutjss-245	422	20	.	.	PUNCT
esutjss-245	423	1	this	this	PRON
esutjss-245	423	2	shows	show	VERB
esutjss-245	423	3	an	an	DET
esutjss-245	423	4	inverse	inverse	NOUN
esutjss-245	423	5	relationship	relationship	NOUN
esutjss-245	423	6	between	between	ADP
esutjss-245	423	7	net	net	ADJ
esutjss-245	423	8	profit	profit	NOUN
esutjss-245	423	9	margin	margin	NOUN
esutjss-245	423	10	and	and	CCONJ
esutjss-245	423	11	financial	financial	ADJ
esutjss-245	423	12	leverage	leverage	NOUN
esutjss-245	423	13	.	.	PUNCT
esutjss-245	424	1	this	this	PRON
esutjss-245	424	2	implies	imply	VERB
esutjss-245	424	3	that	that	SCONJ
esutjss-245	424	4	a	a	DET
esutjss-245	424	5	unit	unit	NOUN
esutjss-245	424	6	rise	rise	VERB
esutjss-245	424	7	in	in	ADP
esutjss-245	424	8	the	the	DET
esutjss-245	424	9	cost	cost	NOUN
esutjss-245	424	10	of	of	ADP
esutjss-245	424	11	the	the	DET
esutjss-245	424	12	financial	financial	ADJ
esutjss-245	424	13	leverage	leverage	NOUN
esutjss-245	424	14	will	will	AUX
esutjss-245	424	15	decrease	decrease	VERB
esutjss-245	424	16	the	the	DET
esutjss-245	424	17	net	net	ADJ
esutjss-245	424	18	profit	profit	NOUN
esutjss-245	424	19	margin	margin	NOUN
esutjss-245	424	20	of	of	ADP
esutjss-245	424	21	listed	list	VERB
esutjss-245	424	22	industrial	industrial	ADJ
esutjss-245	424	23	goods	good	NOUN
esutjss-245	424	24	firms	firm	NOUN
esutjss-245	424	25	in	in	ADP
esutjss-245	424	26	nigeria	nigeria	PROPN
esutjss-245	424	27	by	by	ADP
esutjss-245	424	28	4	4	NUM
esutjss-245	424	29	%	%	NOUN
esutjss-245	424	30	.	.	PUNCT
esutjss-245	425	1	hypothesis	hypothesis	NOUN
esutjss-245	425	2	one	one	NUM
esutjss-245	425	3	firm	firm	ADJ
esutjss-245	425	4	size	size	NOUN
esutjss-245	425	5	has	have	VERB
esutjss-245	425	6	no	no	DET
esutjss-245	425	7	significant	significant	ADJ
esutjss-245	425	8	effect	effect	NOUN
esutjss-245	425	9	on	on	ADP
esutjss-245	425	10	the	the	DET
esutjss-245	425	11	net	net	ADJ
esutjss-245	425	12	profit	profit	NOUN
esutjss-245	425	13	margin	margin	NOUN
esutjss-245	425	14	of	of	ADP
esutjss-245	425	15	listed	list	VERB
esutjss-245	425	16	industrial	industrial	ADJ
esutjss-245	425	17	goods	good	NOUN
esutjss-245	425	18	firms	firm	NOUN
esutjss-245	425	19	in	in	ADP
esutjss-245	425	20	the	the	DET
esutjss-245	425	21	nigerian	nigerian	ADJ
esutjss-245	425	22	exchange	exchange	NOUN
esutjss-245	425	23	group	group	NOUN
esutjss-245	425	24	.	.	PUNCT
esutjss-245	426	1	the	the	DET
esutjss-245	426	2	t	t	NOUN
esutjss-245	426	3	-	-	PUNCT
esutjss-245	426	4	statistic	statistic	NOUN
esutjss-245	426	5	for	for	ADP
esutjss-245	426	6	bs	bs	X
esutjss-245	426	7	is	be	AUX
esutjss-245	426	8	2.1528	2.1528	NUM
esutjss-245	426	9	.	.	PUNCT
esutjss-245	427	1	the	the	DET
esutjss-245	427	2	probability	probability	NOUN
esutjss-245	427	3	value	value	NOUN
esutjss-245	427	4	is	be	AUX
esutjss-245	427	5	0.0366	0.0366	NUM
esutjss-245	427	6	which	which	PRON
esutjss-245	427	7	is	be	AUX
esutjss-245	427	8	less	less	ADJ
esutjss-245	427	9	than	than	ADP
esutjss-245	427	10	5	5	NUM
esutjss-245	427	11	%	%	NOUN
esutjss-245	427	12	level	level	NOUN
esutjss-245	427	13	of	of	ADP
esutjss-245	427	14	significance	significance	NOUN
esutjss-245	427	15	.	.	PUNCT
esutjss-245	428	1	the	the	DET
esutjss-245	428	2	decision	decision	NOUN
esutjss-245	428	3	rule	rule	NOUN
esutjss-245	428	4	is	be	AUX
esutjss-245	428	5	to	to	PART
esutjss-245	428	6	reject	reject	VERB
esutjss-245	428	7	the	the	DET
esutjss-245	428	8	null	null	ADJ
esutjss-245	428	9	hypothesis	hypothesis	NOUN
esutjss-245	428	10	when	when	SCONJ
esutjss-245	428	11	the	the	DET
esutjss-245	428	12	p	p	NOUN
esutjss-245	428	13	-	-	PUNCT
esutjss-245	428	14	value	value	NOUN
esutjss-245	428	15	is	be	AUX
esutjss-245	428	16	less	less	ADJ
esutjss-245	428	17	than	than	ADP
esutjss-245	428	18	5	5	NUM
esutjss-245	428	19	%	%	NOUN
esutjss-245	428	20	level	level	NOUN
esutjss-245	428	21	of	of	ADP
esutjss-245	428	22	significance	significance	NOUN
esutjss-245	428	23	,	,	PUNCT
esutjss-245	428	24	or	or	CCONJ
esutjss-245	428	25	to	to	PART
esutjss-245	428	26	accept	accept	VERB
esutjss-245	428	27	the	the	DET
esutjss-245	428	28	null	null	ADJ
esutjss-245	428	29	hypothesis	hypothesis	NOUN
esutjss-245	428	30	when	when	SCONJ
esutjss-245	428	31	the	the	DET
esutjss-245	428	32	p	p	NOUN
esutjss-245	428	33	-	-	PUNCT
esutjss-245	428	34	value	value	NOUN
esutjss-245	428	35	is	be	AUX
esutjss-245	428	36	greater	great	ADJ
esutjss-245	428	37	than	than	ADP
esutjss-245	428	38	5	5	NUM
esutjss-245	428	39	%	%	NOUN
esutjss-245	428	40	level	level	NOUN
esutjss-245	428	41	of	of	ADP
esutjss-245	428	42	significance	significance	NOUN
esutjss-245	428	43	.	.	PUNCT
esutjss-245	429	1	therefore	therefore	ADV
esutjss-245	429	2	,	,	PUNCT
esutjss-245	429	3	since	since	SCONJ
esutjss-245	429	4	the	the	DET
esutjss-245	429	5	p	p	NOUN
esutjss-245	429	6	-	-	PUNCT
esutjss-245	429	7	value	value	NOUN
esutjss-245	429	8	of	of	ADP
esutjss-245	429	9	(	(	PUNCT
esutjss-245	429	10	0.0366	0.0366	NUM
esutjss-245	429	11	)	)	PUNCT
esutjss-245	429	12	is	be	AUX
esutjss-245	429	13	less	less	ADJ
esutjss-245	429	14	than	than	ADP
esutjss-245	429	15	5	5	NUM
esutjss-245	429	16	%	%	NOUN
esutjss-245	429	17	level	level	NOUN
esutjss-245	429	18	of	of	ADP
esutjss-245	429	19	significance	significance	NOUN
esutjss-245	429	20	,	,	PUNCT
esutjss-245	429	21	the	the	DET
esutjss-245	429	22	study	study	NOUN
esutjss-245	429	23	rejects	reject	VERB
esutjss-245	429	24	the	the	DET
esutjss-245	429	25	null	null	ADJ
esutjss-245	429	26	hypothesis	hypothesis	NOUN
esutjss-245	429	27	and	and	CCONJ
esutjss-245	429	28	accept	accept	VERB
esutjss-245	429	29	the	the	DET
esutjss-245	429	30	alternative	alternative	ADJ
esutjss-245	429	31	hypothesis	hypothesis	NOUN
esutjss-245	429	32	which	which	PRON
esutjss-245	429	33	states	state	VERB
esutjss-245	429	34	that	that	SCONJ
esutjss-245	429	35	firm	firm	ADJ
esutjss-245	429	36	size	size	NOUN
esutjss-245	429	37	has	have	VERB
esutjss-245	429	38	a	a	DET
esutjss-245	429	39	significant	significant	ADJ
esutjss-245	429	40	effect	effect	NOUN
esutjss-245	429	41	on	on	ADP
esutjss-245	429	42	the	the	DET
esutjss-245	429	43	net	net	ADJ
esutjss-245	429	44	profit	profit	NOUN
esutjss-245	429	45	margin	margin	NOUN
esutjss-245	429	46	of	of	ADP
esutjss-245	429	47	listed	list	VERB
esutjss-245	429	48	industrial	industrial	ADJ
esutjss-245	429	49	goods	good	NOUN
esutjss-245	429	50	firms	firm	NOUN
esutjss-245	429	51	in	in	ADP
esutjss-245	429	52	the	the	DET
esutjss-245	429	53	nigerian	nigerian	ADJ
esutjss-245	429	54	exchange	exchange	NOUN
esutjss-245	429	55	group	group	NOUN
esutjss-245	429	56	.	.	PUNCT
esutjss-245	430	1	the	the	DET
esutjss-245	430	2	study	study	NOUN
esutjss-245	430	3	thus	thus	ADV
esutjss-245	430	4	concludes	conclude	VERB
esutjss-245	430	5	that	that	SCONJ
esutjss-245	430	6	firm	firm	ADJ
esutjss-245	430	7	size	size	NOUN
esutjss-245	430	8	has	have	VERB
esutjss-245	430	9	a	a	DET
esutjss-245	430	10	positive	positive	ADJ
esutjss-245	430	11	and	and	CCONJ
esutjss-245	430	12	significant	significant	ADJ
esutjss-245	430	13	effect	effect	NOUN
esutjss-245	430	14	on	on	ADP
esutjss-245	430	15	the	the	DET
esutjss-245	430	16	net	net	ADJ
esutjss-245	430	17	profit	profit	NOUN
esutjss-245	430	18	margin	margin	NOUN
esutjss-245	430	19	of	of	ADP
esutjss-245	430	20	listed	list	VERB
esutjss-245	430	21	industrial	industrial	ADJ
esutjss-245	430	22	goods	good	NOUN
esutjss-245	430	23	firms	firm	NOUN
esutjss-245	430	24	in	in	ADP
esutjss-245	430	25	the	the	DET
esutjss-245	430	26	nigerian	nigerian	ADJ
esutjss-245	430	27	exchange	exchange	NOUN
esutjss-245	430	28	group	group	NOUN
esutjss-245	430	29	.	.	PUNCT
esutjss-245	431	1	hypothesis	hypothesis	NOUN
esutjss-245	431	2	two	two	NUM
esutjss-245	431	3	financial	financial	ADJ
esutjss-245	431	4	liquidity	liquidity	NOUN
esutjss-245	431	5	has	have	VERB
esutjss-245	431	6	no	no	DET
esutjss-245	431	7	significant	significant	ADJ
esutjss-245	431	8	effect	effect	NOUN
esutjss-245	431	9	on	on	ADP
esutjss-245	431	10	the	the	DET
esutjss-245	431	11	net	net	ADJ
esutjss-245	431	12	profit	profit	NOUN
esutjss-245	431	13	margin	margin	NOUN
esutjss-245	431	14	of	of	ADP
esutjss-245	431	15	listed	list	VERB
esutjss-245	431	16	industrial	industrial	ADJ
esutjss-245	431	17	goods	good	NOUN
esutjss-245	431	18	firms	firm	NOUN
esutjss-245	431	19	in	in	ADP
esutjss-245	431	20	the	the	DET
esutjss-245	431	21	nigerian	nigerian	ADJ
esutjss-245	431	22	exchange	exchange	NOUN
esutjss-245	431	23	group	group	NOUN
esutjss-245	431	24	.	.	PUNCT
esutjss-245	432	1	the	the	DET
esutjss-245	432	2	result	result	NOUN
esutjss-245	432	3	shows	show	VERB
esutjss-245	432	4	that	that	SCONJ
esutjss-245	432	5	the	the	DET
esutjss-245	432	6	t	t	PROPN
esutjss-245	432	7	-	-	PUNCT
esutjss-245	432	8	statistic	statistic	NOUN
esutjss-245	432	9	for	for	ADP
esutjss-245	432	10	fliq	fliq	NOUN
esutjss-245	432	11	is	be	AUX
esutjss-245	432	12	1.0242	1.0242	NUM
esutjss-245	432	13	.	.	PUNCT
esutjss-245	433	1	the	the	DET
esutjss-245	433	2	probability	probability	NOUN
esutjss-245	433	3	value	value	NOUN
esutjss-245	433	4	is	be	AUX
esutjss-245	433	5	0.3111	0.3111	NUM
esutjss-245	433	6	which	which	PRON
esutjss-245	433	7	is	be	AUX
esutjss-245	433	8	greater	great	ADJ
esutjss-245	433	9	than	than	ADP
esutjss-245	433	10	5	5	NUM
esutjss-245	433	11	%	%	NOUN
esutjss-245	433	12	level	level	NOUN
esutjss-245	433	13	of	of	ADP
esutjss-245	433	14	significance	significance	NOUN
esutjss-245	433	15	.	.	PUNCT
esutjss-245	434	1	the	the	DET
esutjss-245	434	2	decision	decision	NOUN
esutjss-245	434	3	rule	rule	NOUN
esutjss-245	434	4	is	be	AUX
esutjss-245	434	5	to	to	PART
esutjss-245	434	6	reject	reject	VERB
esutjss-245	434	7	the	the	DET
esutjss-245	434	8	null	null	ADJ
esutjss-245	434	9	hypothesis	hypothesis	NOUN
esutjss-245	434	10	when	when	SCONJ
esutjss-245	434	11	the	the	DET
esutjss-245	434	12	p	p	NOUN
esutjss-245	434	13	-	-	PUNCT
esutjss-245	434	14	value	value	NOUN
esutjss-245	434	15	is	be	AUX
esutjss-245	434	16	less	less	ADJ
esutjss-245	434	17	than	than	ADP
esutjss-245	434	18	5	5	NUM
esutjss-245	434	19	%	%	NOUN
esutjss-245	434	20	level	level	NOUN
esutjss-245	434	21	of	of	ADP
esutjss-245	434	22	significance	significance	NOUN
esutjss-245	434	23	,	,	PUNCT
esutjss-245	434	24	or	or	CCONJ
esutjss-245	434	25	accept	accept	VERB
esutjss-245	434	26	the	the	DET
esutjss-245	434	27	null	null	ADJ
esutjss-245	434	28	hypothesis	hypothesis	NOUN
esutjss-245	434	29	when	when	SCONJ
esutjss-245	434	30	p	p	NOUN
esutjss-245	434	31	-	-	PUNCT
esutjss-245	434	32	value	value	NOUN
esutjss-245	434	33	is	be	AUX
esutjss-245	434	34	greater	great	ADJ
esutjss-245	434	35	than	than	ADP
esutjss-245	434	36	5	5	NUM
esutjss-245	434	37	%	%	NOUN
esutjss-245	434	38	level	level	NOUN
esutjss-245	434	39	of	of	ADP
esutjss-245	434	40	significance	significance	NOUN
esutjss-245	434	41	.	.	PUNCT
esutjss-245	435	1	since	since	SCONJ
esutjss-245	435	2	the	the	DET
esutjss-245	435	3	p	p	NOUN
esutjss-245	435	4	-	-	PUNCT
esutjss-245	435	5	value	value	NOUN
esutjss-245	435	6	0.3111is	0.3111is	NUM
esutjss-245	435	7	greater	great	ADJ
esutjss-245	435	8	than	than	ADP
esutjss-245	435	9	5	5	NUM
esutjss-245	435	10	%	%	NOUN
esutjss-245	435	11	level	level	NOUN
esutjss-245	435	12	of	of	ADP
esutjss-245	435	13	significance	significance	NOUN
esutjss-245	435	14	,	,	PUNCT
esutjss-245	435	15	the	the	DET
esutjss-245	435	16	study	study	NOUN
esutjss-245	435	17	accepts	accept	VERB
esutjss-245	435	18	the	the	DET
esutjss-245	435	19	null	null	ADJ
esutjss-245	435	20	hypothesis	hypothesis	NOUN
esutjss-245	435	21	and	and	CCONJ
esutjss-245	435	22	rejects	reject	VERB
esutjss-245	435	23	the	the	DET
esutjss-245	435	24	alternative	alternative	ADJ
esutjss-245	435	25	hypothesis	hypothesis	NOUN
esutjss-245	435	26	which	which	PRON
esutjss-245	435	27	states	state	VERB
esutjss-245	435	28	that	that	SCONJ
esutjss-245	435	29	financial	financial	ADJ
esutjss-245	435	30	liquidity	liquidity	NOUN
esutjss-245	435	31	has	have	VERB
esutjss-245	435	32	no	no	DET
esutjss-245	435	33	significant	significant	ADJ
esutjss-245	435	34	effect	effect	NOUN
esutjss-245	435	35	on	on	ADP
esutjss-245	435	36	the	the	DET
esutjss-245	435	37	net	net	ADJ
esutjss-245	435	38	profit	profit	NOUN
esutjss-245	435	39	margin	margin	NOUN
esutjss-245	435	40	of	of	ADP
esutjss-245	435	41	listed	list	VERB
esutjss-245	435	42	industrial	industrial	ADJ
esutjss-245	435	43	goods	good	NOUN
esutjss-245	435	44	firmsin	firmsin	VERB
esutjss-245	435	45	the	the	DET
esutjss-245	435	46	nigerian	nigerian	ADJ
esutjss-245	435	47	exchange	exchange	NOUN
esutjss-245	435	48	group	group	NOUN
esutjss-245	435	49	”	"	PUNCT
esutjss-245	435	50	.	.	PUNCT
esutjss-245	436	1	the	the	DET
esutjss-245	436	2	study	study	NOUN
esutjss-245	436	3	then	then	ADV
esutjss-245	436	4	posits	posit	VERB
esutjss-245	436	5	that	that	SCONJ
esutjss-245	436	6	financial	financial	ADJ
esutjss-245	436	7	liquidity	liquidity	NOUN
esutjss-245	436	8	has	have	VERB
esutjss-245	436	9	nosignificant	nosignificant	ADJ
esutjss-245	436	10	effect	effect	NOUN
esutjss-245	436	11	on	on	ADP
esutjss-245	436	12	the	the	DET
esutjss-245	436	13	net	net	ADJ
esutjss-245	436	14	profit	profit	NOUN
esutjss-245	436	15	margin	margin	NOUN
esutjss-245	436	16	of	of	ADP
esutjss-245	436	17	listed	list	VERB
esutjss-245	436	18	industrial	industrial	ADJ
esutjss-245	436	19	goods	good	NOUN
esutjss-245	436	20	firms	firm	NOUN
esutjss-245	436	21	in	in	ADP
esutjss-245	436	22	the	the	DET
esutjss-245	436	23	nigerian	nigerian	ADJ
esutjss-245	436	24	exchange	exchange	NOUN
esutjss-245	436	25	group	group	NOUN
esutjss-245	436	26	.	.	PUNCT
esutjss-245	437	1	588	588	NUM
esutjss-245	437	2	hypothesis	hypothesis	NOUN
esutjss-245	437	3	three	three	NUM
esutjss-245	437	4	financial	financial	ADJ
esutjss-245	437	5	leverage	leverage	NOUN
esutjss-245	437	6	has	have	VERB
esutjss-245	437	7	no	no	DET
esutjss-245	437	8	significant	significant	ADJ
esutjss-245	437	9	effect	effect	NOUN
esutjss-245	437	10	on	on	ADP
esutjss-245	437	11	the	the	DET
esutjss-245	437	12	net	net	ADJ
esutjss-245	437	13	profit	profit	NOUN
esutjss-245	437	14	margin	margin	NOUN
esutjss-245	437	15	of	of	ADP
esutjss-245	437	16	listed	list	VERB
esutjss-245	437	17	industrial	industrial	ADJ
esutjss-245	437	18	goods	good	NOUN
esutjss-245	437	19	firms	firm	NOUN
esutjss-245	437	20	in	in	ADP
esutjss-245	437	21	the	the	DET
esutjss-245	437	22	nigerian	nigerian	ADJ
esutjss-245	437	23	exchange	exchange	NOUN
esutjss-245	437	24	group	group	NOUN
esutjss-245	437	25	.	.	PUNCT
esutjss-245	438	1	the	the	DET
esutjss-245	438	2	result	result	NOUN
esutjss-245	438	3	shows	show	VERB
esutjss-245	438	4	that	that	SCONJ
esutjss-245	438	5	the	the	DET
esutjss-245	438	6	t	t	PROPN
esutjss-245	438	7	-	-	PUNCT
esutjss-245	438	8	statistic	statistic	NOUN
esutjss-245	438	9	for	for	ADP
esutjss-245	438	10	flev	flev	NOUN
esutjss-245	438	11	is	be	AUX
esutjss-245	438	12	-1.1066	-1.1066	PROPN
esutjss-245	438	13	.	.	PUNCT
esutjss-245	439	1	the	the	DET
esutjss-245	439	2	probability	probability	NOUN
esutjss-245	439	3	value	value	NOUN
esutjss-245	439	4	0.2742	0.2742	NUM
esutjss-245	439	5	is	be	AUX
esutjss-245	439	6	greater	great	ADJ
esutjss-245	439	7	than	than	ADP
esutjss-245	439	8	5	5	NUM
esutjss-245	439	9	%	%	NOUN
esutjss-245	439	10	level	level	NOUN
esutjss-245	439	11	of	of	ADP
esutjss-245	439	12	significance	significance	NOUN
esutjss-245	439	13	.	.	PUNCT
esutjss-245	440	1	the	the	DET
esutjss-245	440	2	decision	decision	NOUN
esutjss-245	440	3	rule	rule	NOUN
esutjss-245	440	4	is	be	AUX
esutjss-245	440	5	to	to	PART
esutjss-245	440	6	reject	reject	VERB
esutjss-245	440	7	the	the	DET
esutjss-245	440	8	null	null	ADJ
esutjss-245	440	9	hypothesis	hypothesis	NOUN
esutjss-245	440	10	when	when	SCONJ
esutjss-245	440	11	the	the	DET
esutjss-245	440	12	pvalue	pvalue	NOUN
esutjss-245	440	13	is	be	AUX
esutjss-245	440	14	less	less	ADJ
esutjss-245	440	15	than	than	ADP
esutjss-245	440	16	5	5	NUM
esutjss-245	440	17	%	%	NOUN
esutjss-245	440	18	level	level	NOUN
esutjss-245	440	19	of	of	ADP
esutjss-245	440	20	significance	significance	NOUN
esutjss-245	440	21	and	and	CCONJ
esutjss-245	440	22	accept	accept	VERB
esutjss-245	440	23	the	the	DET
esutjss-245	440	24	null	null	ADJ
esutjss-245	440	25	hypothesis	hypothesis	NOUN
esutjss-245	440	26	when	when	SCONJ
esutjss-245	440	27	it	it	PRON
esutjss-245	440	28	is	be	AUX
esutjss-245	440	29	otherwise	otherwise	ADV
esutjss-245	440	30	.	.	PUNCT
esutjss-245	441	1	therefore	therefore	ADV
esutjss-245	441	2	,	,	PUNCT
esutjss-245	441	3	since	since	SCONJ
esutjss-245	441	4	the	the	DET
esutjss-245	441	5	p	p	NOUN
esutjss-245	441	6	-	-	PUNCT
esutjss-245	441	7	value	value	NOUN
esutjss-245	441	8	(	(	PUNCT
esutjss-245	441	9	0.2742	0.2742	NUM
esutjss-245	441	10	)	)	PUNCT
esutjss-245	441	11	is	be	AUX
esutjss-245	441	12	greater	great	ADJ
esutjss-245	441	13	than	than	ADP
esutjss-245	441	14	the	the	DET
esutjss-245	441	15	5	5	NUM
esutjss-245	441	16	%	%	NOUN
esutjss-245	441	17	level	level	NOUN
esutjss-245	441	18	of	of	ADP
esutjss-245	441	19	significance	significance	NOUN
esutjss-245	441	20	,	,	PUNCT
esutjss-245	441	21	thenull	thenull	ADJ
esutjss-245	441	22	hypothesis	hypothesis	NOUN
esutjss-245	441	23	is	be	AUX
esutjss-245	441	24	accepted	accept	VERB
esutjss-245	441	25	against	against	ADP
esutjss-245	441	26	the	the	DET
esutjss-245	441	27	alternative	alternative	ADJ
esutjss-245	441	28	hypothesis	hypothesis	NOUN
esutjss-245	441	29	which	which	PRON
esutjss-245	441	30	states	state	VERB
esutjss-245	441	31	that	that	SCONJ
esutjss-245	441	32	financial	financial	ADJ
esutjss-245	441	33	leverage	leverage	NOUN
esutjss-245	441	34	has	have	VERB
esutjss-245	441	35	no	no	DET
esutjss-245	441	36	significant	significant	ADJ
esutjss-245	441	37	effect	effect	NOUN
esutjss-245	441	38	on	on	ADP
esutjss-245	441	39	the	the	DET
esutjss-245	441	40	net	net	ADJ
esutjss-245	441	41	profit	profit	NOUN
esutjss-245	441	42	margin	margin	NOUN
esutjss-245	441	43	of	of	ADP
esutjss-245	441	44	listed	list	VERB
esutjss-245	441	45	industrial	industrial	ADJ
esutjss-245	441	46	goods	good	NOUN
esutjss-245	441	47	firms	firm	NOUN
esutjss-245	441	48	in	in	ADP
esutjss-245	441	49	the	the	DET
esutjss-245	441	50	nigerian	nigerian	ADJ
esutjss-245	441	51	exchange	exchange	NOUN
esutjss-245	441	52	group	group	NOUN
esutjss-245	441	53	.	.	PUNCT
esutjss-245	442	1	discussion	discussion	NOUN
esutjss-245	442	2	of	of	ADP
esutjss-245	442	3	findings	finding	NOUN
esutjss-245	442	4	the	the	DET
esutjss-245	442	5	study	study	NOUN
esutjss-245	442	6	reveals	reveal	VERB
esutjss-245	442	7	a	a	DET
esutjss-245	442	8	significant	significant	ADJ
esutjss-245	442	9	positive	positive	ADJ
esutjss-245	442	10	effect	effect	NOUN
esutjss-245	442	11	of	of	ADP
esutjss-245	442	12	firm	firm	ADJ
esutjss-245	442	13	size	size	NOUN
esutjss-245	442	14	on	on	ADP
esutjss-245	442	15	the	the	DET
esutjss-245	442	16	net	net	ADJ
esutjss-245	442	17	profit	profit	NOUN
esutjss-245	442	18	margin	margin	NOUN
esutjss-245	442	19	of	of	ADP
esutjss-245	442	20	listed	list	VERB
esutjss-245	442	21	industrial	industrial	ADJ
esutjss-245	442	22	goods	good	NOUN
esutjss-245	442	23	firms	firm	NOUN
esutjss-245	442	24	in	in	ADP
esutjss-245	442	25	nigeria	nigeria	PROPN
esutjss-245	442	26	.	.	PUNCT
esutjss-245	443	1	larger	large	ADJ
esutjss-245	443	2	firms	firm	NOUN
esutjss-245	443	3	tend	tend	VERB
esutjss-245	443	4	to	to	PART
esutjss-245	443	5	exhibit	exhibit	VERB
esutjss-245	443	6	higher	high	ADJ
esutjss-245	443	7	net	net	ADJ
esutjss-245	443	8	profit	profit	NOUN
esutjss-245	443	9	margins	margin	NOUN
esutjss-245	443	10	,	,	PUNCT
esutjss-245	443	11	which	which	PRON
esutjss-245	443	12	can	can	AUX
esutjss-245	443	13	be	be	AUX
esutjss-245	443	14	attributed	attribute	VERB
esutjss-245	443	15	to	to	ADP
esutjss-245	443	16	several	several	ADJ
esutjss-245	443	17	factors	factor	NOUN
esutjss-245	443	18	.	.	PUNCT
esutjss-245	444	1	firstly	firstly	ADV
esutjss-245	444	2	,	,	PUNCT
esutjss-245	444	3	economies	economy	NOUN
esutjss-245	444	4	of	of	ADP
esutjss-245	444	5	scale	scale	NOUN
esutjss-245	444	6	may	may	AUX
esutjss-245	444	7	enable	enable	VERB
esutjss-245	444	8	larger	large	ADJ
esutjss-245	444	9	firms	firm	NOUN
esutjss-245	444	10	to	to	PART
esutjss-245	444	11	spread	spread	VERB
esutjss-245	444	12	their	their	PRON
esutjss-245	444	13	fixed	fix	VERB
esutjss-245	444	14	costs	cost	NOUN
esutjss-245	444	15	over	over	ADP
esutjss-245	444	16	a	a	DET
esutjss-245	444	17	greater	great	ADJ
esutjss-245	444	18	output	output	NOUN
esutjss-245	444	19	,	,	PUNCT
esutjss-245	444	20	reducing	reduce	VERB
esutjss-245	444	21	the	the	DET
esutjss-245	444	22	average	average	ADJ
esutjss-245	444	23	cost	cost	NOUN
esutjss-245	444	24	per	per	ADP
esutjss-245	444	25	unit	unit	NOUN
esutjss-245	444	26	and	and	CCONJ
esutjss-245	444	27	thereby	thereby	ADV
esutjss-245	444	28	enhancing	enhance	VERB
esutjss-245	444	29	profitability	profitability	NOUN
esutjss-245	444	30	.	.	PUNCT
esutjss-245	445	1	secondly	secondly	ADV
esutjss-245	445	2	,	,	PUNCT
esutjss-245	445	3	larger	large	ADJ
esutjss-245	445	4	firms	firm	NOUN
esutjss-245	445	5	often	often	ADV
esutjss-245	445	6	enjoy	enjoy	VERB
esutjss-245	445	7	greater	great	ADJ
esutjss-245	445	8	market	market	NOUN
esutjss-245	445	9	power	power	NOUN
esutjss-245	445	10	,	,	PUNCT
esutjss-245	445	11	allowing	allow	VERB
esutjss-245	445	12	them	they	PRON
esutjss-245	445	13	to	to	PART
esutjss-245	445	14	negotiate	negotiate	VERB
esutjss-245	445	15	better	well	ADJ
esutjss-245	445	16	terms	term	NOUN
esutjss-245	445	17	with	with	ADP
esutjss-245	445	18	suppliers	supplier	NOUN
esutjss-245	445	19	and	and	CCONJ
esutjss-245	445	20	customers	customer	NOUN
esutjss-245	445	21	,	,	PUNCT
esutjss-245	445	22	further	far	ADV
esutjss-245	445	23	bolstering	bolster	VERB
esutjss-245	445	24	their	their	PRON
esutjss-245	445	25	profitability	profitability	NOUN
esutjss-245	445	26	.	.	PUNCT
esutjss-245	446	1	additionally	additionally	ADV
esutjss-245	446	2	,	,	PUNCT
esutjss-245	446	3	larger	large	ADJ
esutjss-245	446	4	firms	firm	NOUN
esutjss-245	446	5	may	may	AUX
esutjss-245	446	6	benefit	benefit	VERB
esutjss-245	446	7	from	from	ADP
esutjss-245	446	8	operational	operational	ADJ
esutjss-245	446	9	efficiencies	efficiency	NOUN
esutjss-245	446	10	,	,	PUNCT
esutjss-245	446	11	streamlined	streamline	VERB
esutjss-245	446	12	processes	process	NOUN
esutjss-245	446	13	,	,	PUNCT
esutjss-245	446	14	and	and	CCONJ
esutjss-245	446	15	superior	superior	ADJ
esutjss-245	446	16	resource	resource	NOUN
esutjss-245	446	17	utilization	utilization	NOUN
esutjss-245	446	18	,	,	PUNCT
esutjss-245	446	19	all	all	PRON
esutjss-245	446	20	contributing	contribute	VERB
esutjss-245	446	21	to	to	ADP
esutjss-245	446	22	enhanced	enhance	VERB
esutjss-245	446	23	profitability	profitability	NOUN
esutjss-245	446	24	.	.	PUNCT
esutjss-245	447	1	this	this	PRON
esutjss-245	447	2	is	be	AUX
esutjss-245	447	3	in	in	ADP
esutjss-245	447	4	line	line	NOUN
esutjss-245	447	5	with	with	ADP
esutjss-245	447	6	the	the	DET
esutjss-245	447	7	findings	finding	NOUN
esutjss-245	447	8	by	by	ADP
esutjss-245	447	9	nangih	nangih	PROPN
esutjss-245	447	10	,	,	PUNCT
esutjss-245	447	11	turakpe	turakpe	NOUN
esutjss-245	447	12	and	and	CCONJ
esutjss-245	447	13	effe	effe	PROPN
esutjss-245	447	14	-	-	PUNCT
esutjss-245	447	15	nnamdi	nnamdi	PROPN
esutjss-245	447	16	(	(	PUNCT
esutjss-245	447	17	2023	2023	NUM
esutjss-245	447	18	)	)	PUNCT
esutjss-245	447	19	;	;	PUNCT
esutjss-245	447	20	handoyo	handoyo	ADJ
esutjss-245	447	21	,	,	PUNCT
esutjss-245	447	22	mulyani	mulyani	NOUN
esutjss-245	447	23	,	,	PUNCT
esutjss-245	447	24	ghani	ghani	PROPN
esutjss-245	447	25	and	and	CCONJ
esutjss-245	447	26	soedarsono	soedarsono	PROPN
esutjss-245	447	27	(	(	PUNCT
esutjss-245	447	28	2023	2023	NUM
esutjss-245	447	29	)	)	PUNCT
esutjss-245	447	30	;	;	PUNCT
esutjss-245	447	31	dang	dang	PROPN
esutjss-245	447	32	,	,	PUNCT
esutjss-245	447	33	vu	vu	PROPN
esutjss-245	447	34	,	,	PUNCT
esutjss-245	447	35	ngo	ngo	PROPN
esutjss-245	447	36	,	,	PUNCT
esutjss-245	447	37	and	and	CCONJ
esutjss-245	447	38	hoang	hoang	PROPN
esutjss-245	447	39	(	(	PUNCT
esutjss-245	447	40	2019	2019	NUM
esutjss-245	447	41	)	)	PUNCT
esutjss-245	447	42	but	but	CCONJ
esutjss-245	447	43	disagrees	disagree	VERB
esutjss-245	447	44	with	with	ADP
esutjss-245	447	45	the	the	DET
esutjss-245	447	46	findings	finding	NOUN
esutjss-245	447	47	by	by	ADP
esutjss-245	447	48	fadhilah	fadhilah	PROPN
esutjss-245	447	49	,	,	PUNCT
esutjss-245	447	50	kurniati	kurniati	PROPN
esutjss-245	447	51	and	and	CCONJ
esutjss-245	447	52	suherman	suherman	PROPN
esutjss-245	447	53	(	(	PUNCT
esutjss-245	447	54	2022	2022	NUM
esutjss-245	447	55	)	)	PUNCT
esutjss-245	447	56	and	and	CCONJ
esutjss-245	447	57	hameed	hameed	NOUN
esutjss-245	447	58	and	and	CCONJ
esutjss-245	447	59	tsoho	tsoho	NOUN
esutjss-245	447	60	(	(	PUNCT
esutjss-245	447	61	2020	2020	NUM
esutjss-245	447	62	)	)	PUNCT
esutjss-245	447	63	.	.	PUNCT
esutjss-245	448	1	conversely	conversely	ADV
esutjss-245	448	2	,	,	PUNCT
esutjss-245	448	3	the	the	DET
esutjss-245	448	4	study	study	NOUN
esutjss-245	448	5	uncovers	uncover	VERB
esutjss-245	448	6	a	a	DET
esutjss-245	448	7	significant	significant	ADJ
esutjss-245	448	8	negative	negative	ADJ
esutjss-245	448	9	effect	effect	NOUN
esutjss-245	448	10	of	of	ADP
esutjss-245	448	11	firm	firm	ADJ
esutjss-245	448	12	liquidity	liquidity	NOUN
esutjss-245	448	13	on	on	ADP
esutjss-245	448	14	the	the	DET
esutjss-245	448	15	net	net	ADJ
esutjss-245	448	16	profit	profit	NOUN
esutjss-245	448	17	margin	margin	NOUN
esutjss-245	448	18	of	of	ADP
esutjss-245	448	19	listed	list	VERB
esutjss-245	448	20	industrial	industrial	ADJ
esutjss-245	448	21	goods	good	NOUN
esutjss-245	448	22	firms	firm	NOUN
esutjss-245	448	23	in	in	ADP
esutjss-245	448	24	nigeria	nigeria	PROPN
esutjss-245	448	25	.	.	PUNCT
esutjss-245	449	1	this	this	DET
esutjss-245	449	2	finding	finding	NOUN
esutjss-245	449	3	suggests	suggest	VERB
esutjss-245	449	4	that	that	SCONJ
esutjss-245	449	5	firms	firm	NOUN
esutjss-245	449	6	with	with	ADP
esutjss-245	449	7	higher	high	ADJ
esutjss-245	449	8	levels	level	NOUN
esutjss-245	449	9	of	of	ADP
esutjss-245	449	10	liquidity	liquidity	NOUN
esutjss-245	449	11	experience	experience	NOUN
esutjss-245	449	12	lower	low	ADJ
esutjss-245	449	13	net	net	ADJ
esutjss-245	449	14	profit	profit	NOUN
esutjss-245	449	15	margins	margin	NOUN
esutjss-245	449	16	.	.	PUNCT
esutjss-245	450	1	several	several	ADJ
esutjss-245	450	2	explanations	explanation	NOUN
esutjss-245	450	3	may	may	AUX
esutjss-245	450	4	underpin	underpin	VERB
esutjss-245	450	5	this	this	DET
esutjss-245	450	6	relationship	relationship	NOUN
esutjss-245	450	7	.	.	PUNCT
esutjss-245	451	1	high	high	ADJ
esutjss-245	451	2	liquidity	liquidity	NOUN
esutjss-245	451	3	levels	level	NOUN
esutjss-245	451	4	may	may	AUX
esutjss-245	451	5	indicate	indicate	VERB
esutjss-245	451	6	underutilization	underutilization	NOUN
esutjss-245	451	7	of	of	ADP
esutjss-245	451	8	resources	resource	NOUN
esutjss-245	451	9	or	or	CCONJ
esutjss-245	451	10	conservative	conservative	ADJ
esutjss-245	451	11	financial	financial	ADJ
esutjss-245	451	12	management	management	NOUN
esutjss-245	451	13	practices	practice	NOUN
esutjss-245	451	14	,	,	PUNCT
esutjss-245	451	15	resulting	result	VERB
esutjss-245	451	16	in	in	ADP
esutjss-245	451	17	missed	miss	VERB
esutjss-245	451	18	opportunities	opportunity	NOUN
esutjss-245	451	19	for	for	ADP
esutjss-245	451	20	revenue	revenue	NOUN
esutjss-245	451	21	generation	generation	NOUN
esutjss-245	451	22	and	and	CCONJ
esutjss-245	451	23	profit	profit	NOUN
esutjss-245	451	24	maximization	maximization	NOUN
esutjss-245	451	25	.	.	PUNCT
esutjss-245	452	1	moreover	moreover	ADV
esutjss-245	452	2	,	,	PUNCT
esutjss-245	452	3	excessive	excessive	ADJ
esutjss-245	452	4	liquidity	liquidity	NOUN
esutjss-245	452	5	can	can	AUX
esutjss-245	452	6	lead	lead	VERB
esutjss-245	452	7	to	to	ADP
esutjss-245	452	8	suboptimal	suboptimal	ADJ
esutjss-245	452	9	investment	investment	NOUN
esutjss-245	452	10	decisions	decision	NOUN
esutjss-245	452	11	,	,	PUNCT
esutjss-245	452	12	as	as	SCONJ
esutjss-245	452	13	idle	idle	ADJ
esutjss-245	452	14	cash	cash	NOUN
esutjss-245	452	15	fails	fail	VERB
esutjss-245	452	16	to	to	PART
esutjss-245	452	17	generate	generate	VERB
esutjss-245	452	18	returns	return	NOUN
esutjss-245	452	19	commensurate	commensurate	ADJ
esutjss-245	452	20	with	with	ADP
esutjss-245	452	21	the	the	DET
esutjss-245	452	22	cost	cost	NOUN
esutjss-245	452	23	of	of	ADP
esutjss-245	452	24	capital	capital	NOUN
esutjss-245	452	25	.	.	PUNCT
esutjss-245	453	1	additionally	additionally	ADV
esutjss-245	453	2	,	,	PUNCT
esutjss-245	453	3	overly	overly	ADV
esutjss-245	453	4	liquid	liquid	ADJ
esutjss-245	453	5	firms	firm	NOUN
esutjss-245	453	6	may	may	AUX
esutjss-245	453	7	face	face	VERB
esutjss-245	453	8	pressure	pressure	NOUN
esutjss-245	453	9	to	to	PART
esutjss-245	453	10	maintain	maintain	VERB
esutjss-245	453	11	liquidity	liquidity	NOUN
esutjss-245	453	12	buffers	buffer	NOUN
esutjss-245	453	13	,	,	PUNCT
esutjss-245	453	14	constraining	constrain	VERB
esutjss-245	453	15	their	their	PRON
esutjss-245	453	16	ability	ability	NOUN
esutjss-245	453	17	to	to	PART
esutjss-245	453	18	invest	invest	VERB
esutjss-245	453	19	in	in	ADP
esutjss-245	453	20	value	value	NOUN
esutjss-245	453	21	-	-	PUNCT
esutjss-245	453	22	creating	create	VERB
esutjss-245	453	23	opportunities	opportunity	NOUN
esutjss-245	453	24	and	and	CCONJ
esutjss-245	453	25	thereby	thereby	ADV
esutjss-245	453	26	impacting	impact	VERB
esutjss-245	453	27	profitability	profitability	NOUN
esutjss-245	453	28	negatively	negatively	ADV
esutjss-245	453	29	.	.	PUNCT
esutjss-245	454	1	similar	similar	ADJ
esutjss-245	454	2	results	result	NOUN
esutjss-245	454	3	were	be	AUX
esutjss-245	454	4	found	find	VERB
esutjss-245	454	5	by	by	ADP
esutjss-245	454	6	ha	ha	INTJ
esutjss-245	454	7	and	and	CCONJ
esutjss-245	454	8	minh	minh	NOUN
esutjss-245	454	9	(	(	PUNCT
esutjss-245	454	10	2020	2020	NUM
esutjss-245	454	11	)	)	PUNCT
esutjss-245	454	12	;	;	PUNCT
esutjss-245	454	13	abubakar	abubakar	PROPN
esutjss-245	454	14	,	,	PUNCT
esutjss-245	454	15	sulaiman	sulaiman	PROPN
esutjss-245	454	16	and	and	CCONJ
esutjss-245	454	17	haruna	haruna	PROPN
esutjss-245	454	18	(	(	PUNCT
esutjss-245	454	19	2018	2018	NUM
esutjss-245	454	20	)	)	PUNCT
esutjss-245	454	21	;	;	PUNCT
esutjss-245	454	22	irom	irom	ADJ
esutjss-245	454	23	,	,	PUNCT
esutjss-245	454	24	okpanachi	okpanachi	ADV
esutjss-245	454	25	,	,	PUNCT
esutjss-245	454	26	ahmed	ahmed	PROPN
esutjss-245	454	27	and	and	CCONJ
esutjss-245	454	28	tope	tope	PROPN
esutjss-245	454	29	(	(	PUNCT
esutjss-245	454	30	2018	2018	NUM
esutjss-245	454	31	)	)	PUNCT
esutjss-245	454	32	;	;	PUNCT
esutjss-245	454	33	and	and	CCONJ
esutjss-245	454	34	abba	abba	NOUN
esutjss-245	454	35	and	and	CCONJ
esutjss-245	454	36	usman	usman	PROPN
esutjss-245	454	37	(	(	PUNCT
esutjss-245	454	38	2016	2016	NUM
esutjss-245	454	39	)	)	PUNCT
esutjss-245	454	40	.	.	PUNCT
esutjss-245	455	1	furthermore	furthermore	ADV
esutjss-245	455	2	,	,	PUNCT
esutjss-245	455	3	the	the	DET
esutjss-245	455	4	study	study	NOUN
esutjss-245	455	5	highlights	highlight	VERB
esutjss-245	455	6	a	a	DET
esutjss-245	455	7	significant	significant	ADJ
esutjss-245	455	8	negative	negative	ADJ
esutjss-245	455	9	effect	effect	NOUN
esutjss-245	455	10	of	of	ADP
esutjss-245	455	11	firm	firm	ADJ
esutjss-245	455	12	leverage	leverage	NOUN
esutjss-245	455	13	on	on	ADP
esutjss-245	455	14	the	the	DET
esutjss-245	455	15	net	net	ADJ
esutjss-245	455	16	profit	profit	NOUN
esutjss-245	455	17	margin	margin	NOUN
esutjss-245	455	18	of	of	ADP
esutjss-245	455	19	listed	list	VERB
esutjss-245	455	20	industrial	industrial	ADJ
esutjss-245	455	21	goods	good	NOUN
esutjss-245	455	22	firms	firm	NOUN
esutjss-245	455	23	in	in	ADP
esutjss-245	455	24	nigeria	nigeria	PROPN
esutjss-245	455	25	.	.	PUNCT
esutjss-245	456	1	this	this	DET
esutjss-245	456	2	finding	finding	NOUN
esutjss-245	456	3	suggests	suggest	VERB
esutjss-245	456	4	that	that	SCONJ
esutjss-245	456	5	firms	firm	NOUN
esutjss-245	456	6	with	with	ADP
esutjss-245	456	7	higher	high	ADJ
esutjss-245	456	8	leverage	leverage	NOUN
esutjss-245	456	9	ratios	ratio	NOUN
esutjss-245	456	10	tend	tend	VERB
esutjss-245	456	11	to	to	PART
esutjss-245	456	12	exhibit	exhibit	VERB
esutjss-245	456	13	lower	low	ADJ
esutjss-245	456	14	net	net	ADJ
esutjss-245	456	15	profit	profit	NOUN
esutjss-245	456	16	margins	margin	NOUN
esutjss-245	456	17	.	.	PUNCT
esutjss-245	457	1	the	the	DET
esutjss-245	457	2	negative	negative	ADJ
esutjss-245	457	3	impact	impact	NOUN
esutjss-245	457	4	of	of	ADP
esutjss-245	457	5	leverage	leverage	NOUN
esutjss-245	457	6	on	on	ADP
esutjss-245	457	7	profitability	profitability	NOUN
esutjss-245	457	8	can	can	AUX
esutjss-245	457	9	be	be	AUX
esutjss-245	457	10	attributed	attribute	VERB
esutjss-245	457	11	to	to	ADP
esutjss-245	457	12	various	various	ADJ
esutjss-245	457	13	factors	factor	NOUN
esutjss-245	457	14	.	.	PUNCT
esutjss-245	458	1	firstly	firstly	ADV
esutjss-245	458	2	,	,	PUNCT
esutjss-245	458	3	higher	high	ADJ
esutjss-245	458	4	leverage	leverage	NOUN
esutjss-245	458	5	levels	level	NOUN
esutjss-245	458	6	entail	entail	VERB
esutjss-245	458	7	increased	increase	VERB
esutjss-245	458	8	interest	interest	NOUN
esutjss-245	458	9	expenses	expense	NOUN
esutjss-245	458	10	,	,	PUNCT
esutjss-245	458	11	which	which	PRON
esutjss-245	458	12	directly	directly	ADV
esutjss-245	458	13	erode	erode	VERB
esutjss-245	458	14	profitability	profitability	NOUN
esutjss-245	458	15	by	by	ADP
esutjss-245	458	16	reducing	reduce	VERB
esutjss-245	458	17	the	the	DET
esutjss-245	458	18	net	net	ADJ
esutjss-245	458	19	income	income	NOUN
esutjss-245	458	20	available	available	ADJ
esutjss-245	458	21	to	to	ADP
esutjss-245	458	22	shareholders	shareholder	NOUN
esutjss-245	458	23	.	.	PUNCT
esutjss-245	459	1	additionally	additionally	ADV
esutjss-245	459	2	,	,	PUNCT
esutjss-245	459	3	elevated	elevated	ADJ
esutjss-245	459	4	debt	debt	NOUN
esutjss-245	459	5	levels	level	NOUN
esutjss-245	459	6	amplify	amplify	VERB
esutjss-245	459	7	financial	financial	ADJ
esutjss-245	459	8	risk	risk	NOUN
esutjss-245	459	9	,	,	PUNCT
esutjss-245	459	10	potentially	potentially	ADV
esutjss-245	459	11	leading	lead	VERB
esutjss-245	459	12	to	to	ADP
esutjss-245	459	13	higher	high	ADJ
esutjss-245	459	14	borrowing	borrowing	NOUN
esutjss-245	459	15	costs	cost	NOUN
esutjss-245	459	16	,	,	PUNCT
esutjss-245	459	17	credit	credit	NOUN
esutjss-245	459	18	rating	rating	NOUN
esutjss-245	459	19	downgrades	downgrade	NOUN
esutjss-245	459	20	,	,	PUNCT
esutjss-245	459	21	or	or	CCONJ
esutjss-245	459	22	even	even	ADV
esutjss-245	459	23	financial	financial	ADJ
esutjss-245	459	24	distress	distress	NOUN
esutjss-245	459	25	,	,	PUNCT
esutjss-245	459	26	all	all	PRON
esutjss-245	459	27	of	of	ADP
esutjss-245	459	28	which	which	PRON
esutjss-245	459	29	can	can	AUX
esutjss-245	459	30	adversely	adversely	ADV
esutjss-245	459	31	affect	affect	VERB
esutjss-245	459	32	profitability	profitability	NOUN
esutjss-245	459	33	.	.	PUNCT
esutjss-245	460	1	moreover	moreover	ADV
esutjss-245	460	2	,	,	PUNCT
esutjss-245	460	3	excessive	excessive	ADJ
esutjss-245	460	4	leverage	leverage	NOUN
esutjss-245	460	5	may	may	AUX
esutjss-245	460	6	constrain	constrain	VERB
esutjss-245	460	7	financial	financial	ADJ
esutjss-245	460	8	flexibility	flexibility	NOUN
esutjss-245	460	9	,	,	PUNCT
esutjss-245	460	10	limiting	limit	VERB
esutjss-245	460	11	the	the	DET
esutjss-245	460	12	firm	firm	NOUN
esutjss-245	460	13	's	's	PART
esutjss-245	460	14	ability	ability	NOUN
esutjss-245	460	15	to	to	PART
esutjss-245	460	16	respond	respond	VERB
esutjss-245	460	17	to	to	ADP
esutjss-245	460	18	changing	change	VERB
esutjss-245	460	19	market	market	NOUN
esutjss-245	460	20	conditions	condition	NOUN
esutjss-245	460	21	or	or	CCONJ
esutjss-245	460	22	undertake	undertake	VERB
esutjss-245	460	23	strategic	strategic	ADJ
esutjss-245	460	24	investments	investment	NOUN
esutjss-245	460	25	,	,	PUNCT
esutjss-245	460	26	further	far	ADV
esutjss-245	460	27	hampering	hamper	VERB
esutjss-245	460	28	profitability	profitability	NOUN
esutjss-245	460	29	.	.	PUNCT
esutjss-245	461	1	this	this	DET
esutjss-245	461	2	result	result	NOUN
esutjss-245	461	3	is	be	AUX
esutjss-245	461	4	in	in	ADP
esutjss-245	461	5	consonance	consonance	NOUN
esutjss-245	461	6	with	with	ADP
esutjss-245	461	7	the	the	DET
esutjss-245	461	8	findings	finding	NOUN
esutjss-245	461	9	by	by	ADP
esutjss-245	461	10	mwendwa	mwendwa	PROPN
esutjss-245	461	11	(	(	PUNCT
esutjss-245	461	12	2022	2022	NUM
esutjss-245	461	13	)	)	PUNCT
esutjss-245	461	14	;	;	PUNCT
esutjss-245	461	15	dang	dang	PROPN
esutjss-245	461	16	,	,	PUNCT
esutjss-245	461	17	vu	vu	PROPN
esutjss-245	461	18	,	,	PUNCT
esutjss-245	461	19	ngo	ngo	PROPN
esutjss-245	461	20	,	,	PUNCT
esutjss-245	461	21	and	and	CCONJ
esutjss-245	461	22	hoang	hoang	PROPN
esutjss-245	461	23	(	(	PUNCT
esutjss-245	461	24	2019	2019	NUM
esutjss-245	461	25	)	)	PUNCT
esutjss-245	461	26	;	;	PUNCT
esutjss-245	461	27	but	but	CCONJ
esutjss-245	461	28	contradicts	contradict	VERB
esutjss-245	461	29	those	those	PRON
esutjss-245	461	30	of	of	ADP
esutjss-245	461	31	bencharles	bencharle	NOUN
esutjss-245	461	32	and	and	CCONJ
esutjss-245	461	33	osifo	osifo	ADJ
esutjss-245	461	34	(	(	PUNCT
esutjss-245	461	35	2022	2022	NUM
esutjss-245	461	36	)	)	PUNCT
esutjss-245	461	37	and	and	CCONJ
esutjss-245	461	38	abba	abba	PROPN
esutjss-245	461	39	,	,	PUNCT
esutjss-245	461	40	lawal	lawal	NOUN
esutjss-245	461	41	,	,	PUNCT
esutjss-245	461	42	and	and	CCONJ
esutjss-245	461	43	sadah	sadah	NOUN
esutjss-245	461	44	(	(	PUNCT
esutjss-245	461	45	2020	2020	NUM
esutjss-245	461	46	)	)	PUNCT
esutjss-245	461	47	.	.	PUNCT
esutjss-245	462	1	589	589	NUM
esutjss-245	462	2	conclusion	conclusion	NOUN
esutjss-245	462	3	the	the	DET
esutjss-245	462	4	financial	financial	ADJ
esutjss-245	462	5	performance	performance	NOUN
esutjss-245	462	6	of	of	ADP
esutjss-245	462	7	listed	list	VERB
esutjss-245	462	8	industrial	industrial	ADJ
esutjss-245	462	9	goods	good	NOUN
esutjss-245	462	10	firms	firm	NOUN
esutjss-245	462	11	in	in	ADP
esutjss-245	462	12	nigeria	nigeria	PROPN
esutjss-245	462	13	is	be	AUX
esutjss-245	462	14	a	a	DET
esutjss-245	462	15	critical	critical	ADJ
esutjss-245	462	16	area	area	NOUN
esutjss-245	462	17	of	of	ADP
esutjss-245	462	18	study	study	NOUN
esutjss-245	462	19	,	,	PUNCT
esutjss-245	462	20	given	give	VERB
esutjss-245	462	21	its	its	PRON
esutjss-245	462	22	implications	implication	NOUN
esutjss-245	462	23	for	for	ADP
esutjss-245	462	24	economic	economic	ADJ
esutjss-245	462	25	growth	growth	NOUN
esutjss-245	462	26	and	and	CCONJ
esutjss-245	462	27	investment	investment	NOUN
esutjss-245	462	28	attractiveness	attractiveness	NOUN
esutjss-245	462	29	.	.	PUNCT
esutjss-245	463	1	understanding	understand	VERB
esutjss-245	463	2	the	the	DET
esutjss-245	463	3	factors	factor	NOUN
esutjss-245	463	4	that	that	PRON
esutjss-245	463	5	influence	influence	VERB
esutjss-245	463	6	financial	financial	ADJ
esutjss-245	463	7	performance	performance	NOUN
esutjss-245	463	8	is	be	AUX
esutjss-245	463	9	essential	essential	ADJ
esutjss-245	463	10	for	for	ADP
esutjss-245	463	11	stakeholders	stakeholder	NOUN
esutjss-245	463	12	in	in	ADP
esutjss-245	463	13	making	make	VERB
esutjss-245	463	14	informed	informed	ADJ
esutjss-245	463	15	decisions	decision	NOUN
esutjss-245	463	16	.	.	PUNCT
esutjss-245	464	1	in	in	ADP
esutjss-245	464	2	this	this	DET
esutjss-245	464	3	context	context	NOUN
esutjss-245	464	4	,	,	PUNCT
esutjss-245	464	5	examining	examine	VERB
esutjss-245	464	6	the	the	DET
esutjss-245	464	7	effects	effect	NOUN
esutjss-245	464	8	of	of	ADP
esutjss-245	464	9	various	various	ADJ
esutjss-245	464	10	firm	firm	ADJ
esutjss-245	464	11	attributes	attribute	NOUN
esutjss-245	464	12	on	on	ADP
esutjss-245	464	13	net	net	ADJ
esutjss-245	464	14	profit	profit	NOUN
esutjss-245	464	15	margin	margin	NOUN
esutjss-245	464	16	(	(	PUNCT
esutjss-245	464	17	npm	npm	NOUN
esutjss-245	464	18	)	)	PUNCT
esutjss-245	464	19	provides	provide	VERB
esutjss-245	464	20	useful	useful	ADJ
esutjss-245	464	21	hints	hint	NOUN
esutjss-245	464	22	into	into	ADP
esutjss-245	464	23	the	the	DET
esutjss-245	464	24	dynamics	dynamic	NOUN
esutjss-245	464	25	of	of	ADP
esutjss-245	464	26	profitability	profitability	NOUN
esutjss-245	464	27	within	within	ADP
esutjss-245	464	28	industrial	industrial	ADJ
esutjss-245	464	29	goods	good	NOUN
esutjss-245	464	30	sector	sector	NOUN
esutjss-245	464	31	.	.	PUNCT
esutjss-245	465	1	based	base	VERB
esutjss-245	465	2	on	on	ADP
esutjss-245	465	3	the	the	DET
esutjss-245	465	4	study	study	NOUN
esutjss-245	465	5	’s	’s	PART
esutjss-245	465	6	findings	finding	NOUN
esutjss-245	465	7	,	,	PUNCT
esutjss-245	465	8	larger	large	ADJ
esutjss-245	465	9	firms	firm	NOUN
esutjss-245	465	10	often	often	ADV
esutjss-245	465	11	enjoy	enjoy	VERB
esutjss-245	465	12	economies	economy	NOUN
esutjss-245	465	13	of	of	ADP
esutjss-245	465	14	scale	scale	NOUN
esutjss-245	465	15	,	,	PUNCT
esutjss-245	465	16	allowing	allow	VERB
esutjss-245	465	17	them	they	PRON
esutjss-245	465	18	to	to	PART
esutjss-245	465	19	spread	spread	VERB
esutjss-245	465	20	fixed	fix	VERB
esutjss-245	465	21	costs	cost	NOUN
esutjss-245	465	22	over	over	ADP
esutjss-245	465	23	a	a	DET
esutjss-245	465	24	larger	large	ADJ
esutjss-245	465	25	revenue	revenue	NOUN
esutjss-245	465	26	base	base	NOUN
esutjss-245	465	27	and	and	CCONJ
esutjss-245	465	28	achieve	achieve	VERB
esutjss-245	465	29	higher	high	ADJ
esutjss-245	465	30	profitability	profitability	NOUN
esutjss-245	465	31	.	.	PUNCT
esutjss-245	466	1	in	in	ADP
esutjss-245	466	2	the	the	DET
esutjss-245	466	3	context	context	NOUN
esutjss-245	466	4	of	of	ADP
esutjss-245	466	5	industrial	industrial	ADJ
esutjss-245	466	6	goods	good	NOUN
esutjss-245	466	7	firms	firm	NOUN
esutjss-245	466	8	,	,	PUNCT
esutjss-245	466	9	larger	large	ADJ
esutjss-245	466	10	companies	company	NOUN
esutjss-245	466	11	may	may	AUX
esutjss-245	466	12	have	have	VERB
esutjss-245	466	13	greater	great	ADJ
esutjss-245	466	14	production	production	NOUN
esutjss-245	466	15	capacities	capacity	NOUN
esutjss-245	466	16	,	,	PUNCT
esutjss-245	466	17	distribution	distribution	NOUN
esutjss-245	466	18	networks	network	NOUN
esutjss-245	466	19	,	,	PUNCT
esutjss-245	466	20	and	and	CCONJ
esutjss-245	466	21	bargaining	bargaining	NOUN
esutjss-245	466	22	power	power	NOUN
esutjss-245	466	23	with	with	ADP
esutjss-245	466	24	suppliers	supplier	NOUN
esutjss-245	466	25	,	,	PUNCT
esutjss-245	466	26	enabling	enable	VERB
esutjss-245	466	27	them	they	PRON
esutjss-245	466	28	to	to	PART
esutjss-245	466	29	generate	generate	VERB
esutjss-245	466	30	higher	high	ADJ
esutjss-245	466	31	revenues	revenue	NOUN
esutjss-245	466	32	and	and	CCONJ
esutjss-245	466	33	profits	profit	NOUN
esutjss-245	466	34	.	.	PUNCT
esutjss-245	467	1	additionally	additionally	ADV
esutjss-245	467	2	,	,	PUNCT
esutjss-245	467	3	while	while	SCONJ
esutjss-245	467	4	liquidity	liquidity	NOUN
esutjss-245	467	5	is	be	AUX
esutjss-245	467	6	often	often	ADV
esutjss-245	467	7	perceived	perceive	VERB
esutjss-245	467	8	as	as	ADP
esutjss-245	467	9	a	a	DET
esutjss-245	467	10	positive	positive	ADJ
esutjss-245	467	11	attribute	attribute	NOUN
esutjss-245	467	12	,	,	PUNCT
esutjss-245	467	13	excessive	excessive	ADJ
esutjss-245	467	14	liquidity	liquidity	NOUN
esutjss-245	467	15	can	can	AUX
esutjss-245	467	16	indicate	indicate	VERB
esutjss-245	467	17	inefficiencies	inefficiency	NOUN
esutjss-245	467	18	in	in	ADP
esutjss-245	467	19	capital	capital	NOUN
esutjss-245	467	20	allocation	allocation	NOUN
esutjss-245	467	21	or	or	CCONJ
esutjss-245	467	22	missed	miss	VERB
esutjss-245	467	23	investment	investment	NOUN
esutjss-245	467	24	opportunities	opportunity	NOUN
esutjss-245	467	25	.	.	PUNCT
esutjss-245	468	1	in	in	ADP
esutjss-245	468	2	the	the	DET
esutjss-245	468	3	context	context	NOUN
esutjss-245	468	4	of	of	ADP
esutjss-245	468	5	industrial	industrial	ADJ
esutjss-245	468	6	goods	good	NOUN
esutjss-245	468	7	firms	firm	NOUN
esutjss-245	468	8	,	,	PUNCT
esutjss-245	468	9	excessively	excessively	ADV
esutjss-245	468	10	high	high	ADJ
esutjss-245	468	11	liquidity	liquidity	NOUN
esutjss-245	468	12	may	may	AUX
esutjss-245	468	13	suggest	suggest	VERB
esutjss-245	468	14	underutilized	underutilize	VERB
esutjss-245	468	15	resources	resource	NOUN
esutjss-245	468	16	or	or	CCONJ
esutjss-245	468	17	conservative	conservative	ADJ
esutjss-245	468	18	financial	financial	ADJ
esutjss-245	468	19	management	management	NOUN
esutjss-245	468	20	,	,	PUNCT
esutjss-245	468	21	leading	lead	VERB
esutjss-245	468	22	to	to	ADP
esutjss-245	468	23	lower	low	ADJ
esutjss-245	468	24	profitability	profitability	NOUN
esutjss-245	468	25	.	.	PUNCT
esutjss-245	469	1	finally	finally	ADV
esutjss-245	469	2	,	,	PUNCT
esutjss-245	469	3	while	while	SCONJ
esutjss-245	469	4	leverage	leverage	NOUN
esutjss-245	469	5	can	can	AUX
esutjss-245	469	6	amplify	amplify	VERB
esutjss-245	469	7	returns	return	NOUN
esutjss-245	469	8	for	for	ADP
esutjss-245	469	9	shareholders	shareholder	NOUN
esutjss-245	469	10	through	through	ADP
esutjss-245	469	11	financial	financial	ADJ
esutjss-245	469	12	leverage	leverage	NOUN
esutjss-245	469	13	,	,	PUNCT
esutjss-245	469	14	it	it	PRON
esutjss-245	469	15	also	also	ADV
esutjss-245	469	16	introduces	introduce	VERB
esutjss-245	469	17	financial	financial	ADJ
esutjss-245	469	18	risk	risk	NOUN
esutjss-245	469	19	and	and	CCONJ
esutjss-245	469	20	interest	interest	NOUN
esutjss-245	469	21	expenses	expense	NOUN
esutjss-245	469	22	that	that	PRON
esutjss-245	469	23	can	can	AUX
esutjss-245	469	24	erode	erode	VERB
esutjss-245	469	25	profitability	profitability	NOUN
esutjss-245	469	26	.	.	PUNCT
esutjss-245	470	1	in	in	ADP
esutjss-245	470	2	the	the	DET
esutjss-245	470	3	context	context	NOUN
esutjss-245	470	4	of	of	ADP
esutjss-245	470	5	industrial	industrial	ADJ
esutjss-245	470	6	goods	good	NOUN
esutjss-245	470	7	firms	firm	NOUN
esutjss-245	470	8	,	,	PUNCT
esutjss-245	470	9	high	high	ADJ
esutjss-245	470	10	leverage	leverage	NOUN
esutjss-245	470	11	may	may	AUX
esutjss-245	470	12	indicate	indicate	VERB
esutjss-245	470	13	a	a	DET
esutjss-245	470	14	reliance	reliance	NOUN
esutjss-245	470	15	on	on	ADP
esutjss-245	470	16	debt	debt	NOUN
esutjss-245	470	17	to	to	PART
esutjss-245	470	18	fund	fund	VERB
esutjss-245	470	19	operations	operation	NOUN
esutjss-245	470	20	or	or	CCONJ
esutjss-245	470	21	expansion	expansion	NOUN
esutjss-245	470	22	,	,	PUNCT
esutjss-245	470	23	leading	lead	VERB
esutjss-245	470	24	to	to	ADP
esutjss-245	470	25	increased	increase	VERB
esutjss-245	470	26	interest	interest	NOUN
esutjss-245	470	27	payments	payment	NOUN
esutjss-245	470	28	and	and	CCONJ
esutjss-245	470	29	financial	financial	ADJ
esutjss-245	470	30	constraints	constraint	NOUN
esutjss-245	470	31	.	.	PUNCT
esutjss-245	471	1	the	the	DET
esutjss-245	471	2	findings	finding	NOUN
esutjss-245	471	3	underscore	underscore	VERB
esutjss-245	471	4	the	the	DET
esutjss-245	471	5	nexus	nexus	NOUN
esutjss-245	471	6	between	between	ADP
esutjss-245	471	7	firm	firm	ADJ
esutjss-245	471	8	attributes	attribute	NOUN
esutjss-245	471	9	and	and	CCONJ
esutjss-245	471	10	financial	financial	ADJ
esutjss-245	471	11	performance	performance	NOUN
esutjss-245	471	12	within	within	ADP
esutjss-245	471	13	the	the	DET
esutjss-245	471	14	listed	list	VERB
esutjss-245	471	15	industrial	industrial	ADJ
esutjss-245	471	16	goods	good	NOUN
esutjss-245	471	17	sector	sector	NOUN
esutjss-245	471	18	in	in	ADP
esutjss-245	471	19	nigeria	nigeria	PROPN
esutjss-245	471	20	.	.	PUNCT
esutjss-245	472	1	while	while	SCONJ
esutjss-245	472	2	firm	firm	ADJ
esutjss-245	472	3	size	size	NOUN
esutjss-245	472	4	emerges	emerge	VERB
esutjss-245	472	5	as	as	ADP
esutjss-245	472	6	a	a	DET
esutjss-245	472	7	significant	significant	ADJ
esutjss-245	472	8	positive	positive	ADJ
esutjss-245	472	9	driver	driver	NOUN
esutjss-245	472	10	of	of	ADP
esutjss-245	472	11	profitability	profitability	NOUN
esutjss-245	472	12	,	,	PUNCT
esutjss-245	472	13	firm	firm	ADJ
esutjss-245	472	14	liquidity	liquidity	NOUN
esutjss-245	472	15	and	and	CCONJ
esutjss-245	472	16	leverage	leverage	NOUN
esutjss-245	472	17	exert	exert	VERB
esutjss-245	472	18	notable	notable	ADJ
esutjss-245	472	19	negative	negative	ADJ
esutjss-245	472	20	impacts	impact	NOUN
esutjss-245	472	21	on	on	ADP
esutjss-245	472	22	profit	profit	NOUN
esutjss-245	472	23	margin	margin	NOUN
esutjss-245	472	24	.	.	PUNCT
esutjss-245	473	1	these	these	DET
esutjss-245	473	2	hints	hint	NOUN
esutjss-245	473	3	underscore	underscore	VERB
esutjss-245	473	4	the	the	DET
esutjss-245	473	5	importance	importance	NOUN
esutjss-245	473	6	of	of	ADP
esutjss-245	473	7	strategic	strategic	ADJ
esutjss-245	473	8	financial	financial	ADJ
esutjss-245	473	9	management	management	NOUN
esutjss-245	473	10	in	in	ADP
esutjss-245	473	11	optimizing	optimize	VERB
esutjss-245	473	12	profitability	profitability	NOUN
esutjss-245	473	13	and	and	CCONJ
esutjss-245	473	14	enhancing	enhance	VERB
esutjss-245	473	15	the	the	DET
esutjss-245	473	16	competitiveness	competitiveness	NOUN
esutjss-245	473	17	of	of	ADP
esutjss-245	473	18	industrial	industrial	ADJ
esutjss-245	473	19	goods	good	NOUN
esutjss-245	473	20	firms	firm	NOUN
esutjss-245	473	21	operating	operate	VERB
esutjss-245	473	22	in	in	ADP
esutjss-245	473	23	the	the	DET
esutjss-245	473	24	nigerian	nigerian	ADJ
esutjss-245	473	25	market	market	NOUN
esutjss-245	473	26	.	.	PUNCT
esutjss-245	474	1	in	in	ADP
esutjss-245	474	2	conclusion	conclusion	NOUN
esutjss-245	474	3	,	,	PUNCT
esutjss-245	474	4	therefore	therefore	ADV
esutjss-245	474	5	:	:	PUNCT
esutjss-245	474	6	1	1	X
esutjss-245	474	7	)	)	PUNCT
esutjss-245	474	8	firm	firm	ADJ
esutjss-245	474	9	size	size	NOUN
esutjss-245	474	10	have	have	VERB
esutjss-245	474	11	a	a	DET
esutjss-245	474	12	positive	positive	ADJ
esutjss-245	474	13	non	non	ADJ
esutjss-245	474	14	-	-	ADJ
esutjss-245	474	15	significant	significant	ADJ
esutjss-245	474	16	effect	effect	NOUN
esutjss-245	474	17	on	on	ADP
esutjss-245	474	18	the	the	DET
esutjss-245	474	19	net	net	ADJ
esutjss-245	474	20	profit	profit	NOUN
esutjss-245	474	21	margin	margin	NOUN
esutjss-245	474	22	of	of	ADP
esutjss-245	474	23	listed	list	VERB
esutjss-245	474	24	industrial	industrial	ADJ
esutjss-245	474	25	goods	good	NOUN
esutjss-245	474	26	firm	firm	NOUN
esutjss-245	474	27	in	in	ADP
esutjss-245	474	28	nigeria	nigeria	PROPN
esutjss-245	474	29	(	(	PUNCT
esutjss-245	474	30	β	β	X
esutjss-245	474	31	=	=	SYM
esutjss-245	474	32	2.1528	2.1528	NUM
esutjss-245	474	33	;	;	PUNCT
esutjss-245	474	34	p	p	X
esutjss-245	474	35	-	-	PUNCT
esutjss-245	474	36	value	value	NOUN
esutjss-245	474	37	=	=	NOUN
esutjss-245	474	38	0.0366	0.0366	NUM
esutjss-245	474	39	)	)	PUNCT
esutjss-245	474	40	.	.	PUNCT
esutjss-245	475	1	2	2	X
esutjss-245	475	2	)	)	PUNCT
esutjss-245	475	3	firm	firm	NOUN
esutjss-245	475	4	liquidity	liquidity	NOUN
esutjss-245	475	5	have	have	VERB
esutjss-245	475	6	a	a	DET
esutjss-245	475	7	negative	negative	ADJ
esutjss-245	475	8	non	non	ADJ
esutjss-245	475	9	-	-	ADJ
esutjss-245	475	10	significant	significant	ADJ
esutjss-245	475	11	effect	effect	NOUN
esutjss-245	475	12	on	on	ADP
esutjss-245	475	13	the	the	DET
esutjss-245	475	14	net	net	ADJ
esutjss-245	475	15	profit	profit	NOUN
esutjss-245	475	16	margin	margin	NOUN
esutjss-245	475	17	of	of	ADP
esutjss-245	475	18	listed	list	VERB
esutjss-245	475	19	industrial	industrial	ADJ
esutjss-245	475	20	goods	good	NOUN
esutjss-245	475	21	firms	firm	NOUN
esutjss-245	475	22	in	in	ADP
esutjss-245	475	23	nigeria	nigeria	PROPN
esutjss-245	475	24	(	(	PUNCT
esutjss-245	475	25	β	β	X
esutjss-245	475	26	=	=	SYM
esutjss-245	475	27	1.0242	1.0242	NUM
esutjss-245	475	28	;	;	PUNCT
esutjss-245	475	29	p	p	X
esutjss-245	475	30	-	-	PUNCT
esutjss-245	475	31	value	value	NOUN
esutjss-245	475	32	=	=	NOUN
esutjss-245	475	33	0.3111	0.3111	NUM
esutjss-245	475	34	)	)	PUNCT
esutjss-245	475	35	.	.	PUNCT
esutjss-245	476	1	3	3	X
esutjss-245	476	2	)	)	PUNCT
esutjss-245	476	3	firm	firm	ADJ
esutjss-245	476	4	leverage	leverage	NOUN
esutjss-245	476	5	have	have	VERB
esutjss-245	476	6	a	a	DET
esutjss-245	476	7	negative	negative	ADJ
esutjss-245	476	8	non	non	ADJ
esutjss-245	476	9	-	-	ADJ
esutjss-245	476	10	significant	significant	ADJ
esutjss-245	476	11	effect	effect	NOUN
esutjss-245	476	12	on	on	ADP
esutjss-245	476	13	the	the	DET
esutjss-245	476	14	net	net	ADJ
esutjss-245	476	15	profit	profit	NOUN
esutjss-245	476	16	margin	margin	NOUN
esutjss-245	476	17	of	of	ADP
esutjss-245	476	18	listed	list	VERB
esutjss-245	476	19	industrial	industrial	ADJ
esutjss-245	476	20	goods	good	NOUN
esutjss-245	476	21	firms	firm	NOUN
esutjss-245	476	22	in	in	ADP
esutjss-245	476	23	nigeria	nigeria	PROPN
esutjss-245	476	24	(	(	PUNCT
esutjss-245	476	25	β	β	X
esutjss-245	476	26	=	=	SYM
esutjss-245	476	27	-1.1066	-1.1066	NOUN
esutjss-245	476	28	;	;	PUNCT
esutjss-245	476	29	p	p	X
esutjss-245	476	30	-	-	PUNCT
esutjss-245	476	31	value	value	NOUN
esutjss-245	476	32	=	=	NOUN
esutjss-245	476	33	0.2742	0.2742	NUM
esutjss-245	476	34	)	)	PUNCT
esutjss-245	476	35	.	.	PUNCT
esutjss-245	477	1	recommendations	recommendation	NOUN
esutjss-245	477	2	in	in	ADP
esutjss-245	477	3	order	order	NOUN
esutjss-245	477	4	to	to	PART
esutjss-245	477	5	address	address	VERB
esutjss-245	477	6	the	the	DET
esutjss-245	477	7	specific	specific	ADJ
esutjss-245	477	8	implication	implication	NOUN
esutjss-245	477	9	of	of	ADP
esutjss-245	477	10	each	each	DET
esutjss-245	477	11	finding	finding	NOUN
esutjss-245	477	12	while	while	SCONJ
esutjss-245	477	13	aligning	align	VERB
esutjss-245	477	14	with	with	ADP
esutjss-245	477	15	the	the	DET
esutjss-245	477	16	broader	broad	ADJ
esutjss-245	477	17	goal	goal	NOUN
esutjss-245	477	18	of	of	ADP
esutjss-245	477	19	improving	improve	VERB
esutjss-245	477	20	financial	financial	ADJ
esutjss-245	477	21	performance	performance	NOUN
esutjss-245	477	22	through	through	ADP
esutjss-245	477	23	firm	firm	ADJ
esutjss-245	477	24	attributes	attribute	NOUN
esutjss-245	477	25	,	,	PUNCT
esutjss-245	477	26	the	the	DET
esutjss-245	477	27	study	study	NOUN
esutjss-245	477	28	makes	make	VERB
esutjss-245	477	29	the	the	DET
esutjss-245	477	30	following	follow	VERB
esutjss-245	477	31	recommendations	recommendation	NOUN
esutjss-245	477	32	;	;	PUNCT
esutjss-245	477	33	1	1	X
esutjss-245	477	34	)	)	PUNCT
esutjss-245	477	35	industrial	industrial	ADJ
esutjss-245	477	36	goods	good	NOUN
esutjss-245	477	37	firms	firm	NOUN
esutjss-245	477	38	in	in	ADP
esutjss-245	477	39	nigeria	nigeria	PROPN
esutjss-245	477	40	should	should	AUX
esutjss-245	477	41	focus	focus	VERB
esutjss-245	477	42	on	on	ADP
esutjss-245	477	43	strategic	strategic	ADJ
esutjss-245	477	44	growth	growth	NOUN
esutjss-245	477	45	initiatives	initiative	NOUN
esutjss-245	477	46	to	to	PART
esutjss-245	477	47	increase	increase	VERB
esutjss-245	477	48	their	their	PRON
esutjss-245	477	49	size	size	NOUN
esutjss-245	477	50	within	within	ADP
esutjss-245	477	51	the	the	DET
esutjss-245	477	52	market	market	NOUN
esutjss-245	477	53	.	.	PUNCT
esutjss-245	478	1	this	this	PRON
esutjss-245	478	2	could	could	AUX
esutjss-245	478	3	involve	involve	VERB
esutjss-245	478	4	targeted	target	VERB
esutjss-245	478	5	investments	investment	NOUN
esutjss-245	478	6	in	in	ADP
esutjss-245	478	7	production	production	NOUN
esutjss-245	478	8	capacity	capacity	NOUN
esutjss-245	478	9	,	,	PUNCT
esutjss-245	478	10	expansion	expansion	NOUN
esutjss-245	478	11	into	into	ADP
esutjss-245	478	12	new	new	ADJ
esutjss-245	478	13	markets	market	NOUN
esutjss-245	478	14	,	,	PUNCT
esutjss-245	478	15	or	or	CCONJ
esutjss-245	478	16	strategic	strategic	ADJ
esutjss-245	478	17	acquisition	acquisition	NOUN
esutjss-245	478	18	.	.	PUNCT
esutjss-245	479	1	2	2	NUM
esutjss-245	479	2	)	)	PUNCT
esutjss-245	479	3	industrial	industrial	ADJ
esutjss-245	479	4	goods	good	NOUN
esutjss-245	479	5	firms	firm	NOUN
esutjss-245	479	6	in	in	ADP
esutjss-245	479	7	nigeria	nigeria	PROPN
esutjss-245	479	8	should	should	AUX
esutjss-245	479	9	assess	assess	VERB
esutjss-245	479	10	their	their	PRON
esutjss-245	479	11	liquidity	liquidity	NOUN
esutjss-245	479	12	management	management	NOUN
esutjss-245	479	13	practices	practice	NOUN
esutjss-245	479	14	to	to	PART
esutjss-245	479	15	ensure	ensure	VERB
esutjss-245	479	16	optimal	optimal	ADJ
esutjss-245	479	17	utilization	utilization	NOUN
esutjss-245	479	18	of	of	ADP
esutjss-245	479	19	resources	resource	NOUN
esutjss-245	479	20	.	.	PUNCT
esutjss-245	480	1	excessively	excessively	ADV
esutjss-245	480	2	high	high	ADJ
esutjss-245	480	3	liquidity	liquidity	NOUN
esutjss-245	480	4	levels	level	NOUN
esutjss-245	480	5	should	should	AUX
esutjss-245	480	6	be	be	AUX
esutjss-245	480	7	carefully	carefully	ADV
esutjss-245	480	8	reviewed	review	VERB
esutjss-245	480	9	,	,	PUNCT
esutjss-245	480	10	and	and	CCONJ
esutjss-245	480	11	efforts	effort	NOUN
esutjss-245	480	12	should	should	AUX
esutjss-245	480	13	be	be	AUX
esutjss-245	480	14	made	make	VERB
esutjss-245	480	15	to	to	PART
esutjss-245	480	16	deploy	deploy	VERB
esutjss-245	480	17	surplus	surplus	ADJ
esutjss-245	480	18	cash	cash	NOUN
esutjss-245	480	19	into	into	ADP
esutjss-245	480	20	profitable	profitable	ADJ
esutjss-245	480	21	investments	investment	NOUN
esutjss-245	480	22	or	or	CCONJ
esutjss-245	480	23	working	work	VERB
esutjss-245	480	24	capital	capital	NOUN
esutjss-245	480	25	optimization	optimization	NOUN
esutjss-245	480	26	.	.	PUNCT
esutjss-245	481	1	590	590	NUM
esutjss-245	481	2	3	3	NUM
esutjss-245	481	3	)	)	PUNCT
esutjss-245	481	4	industrial	industrial	ADJ
esutjss-245	481	5	goods	good	NOUN
esutjss-245	481	6	firms	firm	NOUN
esutjss-245	481	7	in	in	ADP
esutjss-245	481	8	nigeria	nigeria	PROPN
esutjss-245	481	9	should	should	AUX
esutjss-245	481	10	adopt	adopt	VERB
esutjss-245	481	11	a	a	DET
esutjss-245	481	12	prudent	prudent	ADJ
esutjss-245	481	13	approach	approach	NOUN
esutjss-245	481	14	to	to	ADP
esutjss-245	481	15	debt	debt	NOUN
esutjss-245	481	16	management	management	NOUN
esutjss-245	481	17	to	to	PART
esutjss-245	481	18	mitigate	mitigate	VERB
esutjss-245	481	19	the	the	DET
esutjss-245	481	20	negative	negative	ADJ
esutjss-245	481	21	effects	effect	NOUN
esutjss-245	481	22	of	of	ADP
esutjss-245	481	23	leverage	leverage	NOUN
esutjss-245	481	24	on	on	ADP
esutjss-245	481	25	profitability	profitability	NOUN
esutjss-245	481	26	by	by	ADP
esutjss-245	481	27	maintaining	maintain	VERB
esutjss-245	481	28	an	an	DET
esutjss-245	481	29	optimal	optimal	ADJ
esutjss-245	481	30	capital	capital	NOUN
esutjss-245	481	31	structure	structure	NOUN
esutjss-245	481	32	,	,	PUNCT
esutjss-245	481	33	avoiding	avoid	VERB
esutjss-245	481	34	excessive	excessive	ADJ
esutjss-245	481	35	reliance	reliance	NOUN
esutjss-245	481	36	on	on	ADP
esutjss-245	481	37	debt	debt	NOUN
esutjss-245	481	38	financing	financing	NOUN
esutjss-245	481	39	,	,	PUNCT
esutjss-245	481	40	and	and	CCONJ
esutjss-245	481	41	conducting	conduct	VERB
esutjss-245	481	42	thorough	thorough	ADJ
esutjss-245	481	43	risk	risk	NOUN
esutjss-245	481	44	assessments	assessment	NOUN
esutjss-245	481	45	before	before	ADP
esutjss-245	481	46	taking	take	VERB
esutjss-245	481	47	on	on	ADP
esutjss-245	481	48	additional	additional	ADJ
esutjss-245	481	49	debt	debt	NOUN
esutjss-245	481	50	.	.	PUNCT
esutjss-245	482	1	references	reference	NOUN
esutjss-245	482	2	abba	abba	PROPN
esutjss-245	482	3	,	,	PUNCT
esutjss-245	482	4	h.	h.	PROPN
esutjss-245	482	5	i.	i.	PROPN
esutjss-245	482	6	,	,	PUNCT
esutjss-245	482	7	lawal	lawal	PROPN
esutjss-245	482	8	,	,	PUNCT
esutjss-245	482	9	l.	l.	PROPN
esutjss-245	482	10	o.	o.	PROPN
esutjss-245	482	11	,aca	,aca	PROPN
esutjss-245	482	12	,	,	PUNCT
esutjss-245	482	13	p.	p.	NOUN
esutjss-245	482	14	,	,	PUNCT
esutjss-245	482	15	&	&	CCONJ
esutjss-245	482	16	sadah	sadah	PROPN
esutjss-245	482	17	,	,	PUNCT
esutjss-245	482	18	a.	a.	NOUN
esutjss-245	482	19	a.	a.	NOUN
esutjss-245	482	20	(	(	PUNCT
esutjss-245	482	21	2020	2020	NUM
esutjss-245	482	22	)	)	PUNCT
esutjss-245	482	23	.	.	PUNCT
esutjss-245	483	1	financial	financial	ADJ
esutjss-245	483	2	determinants	determinant	NOUN
esutjss-245	483	3	of	of	ADP
esutjss-245	483	4	firm	firm	ADJ
esutjss-245	483	5	value	value	NOUN
esutjss-245	483	6	of	of	ADP
esutjss-245	483	7	listed	list	VERB
esutjss-245	483	8	deposit	deposit	NOUN
esutjss-245	483	9	money	money	NOUN
esutjss-245	483	10	banks	bank	NOUN
esutjss-245	483	11	in	in	ADP
esutjss-245	483	12	nigeria.al	nigeria.al	PROPN
esutjss-245	483	13	-	-	PUNCT
esutjss-245	483	14	hikmah	hikmah	NOUN
esutjss-245	483	15	management	management	NOUN
esutjss-245	483	16	review	review	NOUN
esutjss-245	483	17	5(1	5(1	NUM
esutjss-245	483	18	)	)	PUNCT
esutjss-245	483	19	,	,	PUNCT
esutjss-245	483	20	88102	88102	NUM
esutjss-245	483	21	.	.	PUNCT
esutjss-245	484	1	abba	abba	PROPN
esutjss-245	484	2	,	,	PUNCT
esutjss-245	484	3	m.	m.	NOUN
esutjss-245	484	4	,	,	PUNCT
esutjss-245	484	5	&	&	CCONJ
esutjss-245	484	6	usman	usman	PROPN
esutjss-245	484	7	,	,	PUNCT
esutjss-245	484	8	s.	s.	PROPN
esutjss-245	484	9	(	(	PUNCT
esutjss-245	484	10	2016	2016	NUM
esutjss-245	484	11	)	)	PUNCT
esutjss-245	484	12	.	.	PUNCT
esutjss-245	485	1	corporate	corporate	ADJ
esutjss-245	485	2	attributes	attribute	NOUN
esutjss-245	485	3	and	and	CCONJ
esutjss-245	485	4	share	share	NOUN
esutjss-245	485	5	value	value	NOUN
esutjss-245	485	6	of	of	ADP
esutjss-245	485	7	listed	list	VERB
esutjss-245	485	8	pharmaceutical	pharmaceutical	ADJ
esutjss-245	485	9	firms	firm	NOUN
esutjss-245	485	10	in	in	ADP
esutjss-245	485	11	nigeria	nigeria	PROPN
esutjss-245	485	12	.	.	PUNCT
esutjss-245	486	1	journal	journal	PROPN
esutjss-245	486	2	of	of	ADP
esutjss-245	486	3	arts	art	NOUN
esutjss-245	486	4	,	,	PUNCT
esutjss-245	486	5	science	science	PROPN
esutjss-245	486	6	&	&	CCONJ
esutjss-245	486	7	commerce	commerce	PROPN
esutjss-245	486	8	,	,	PUNCT
esutjss-245	486	9	7(1	7(1	NUM
esutjss-245	486	10	)	)	PUNCT
esutjss-245	486	11	,	,	PUNCT
esutjss-245	486	12	88	88	NUM
esutjss-245	486	13	-	-	SYM
esutjss-245	486	14	98	98	NUM
esutjss-245	486	15	.	.	PUNCT
esutjss-245	487	1	abubakar	abubakar	PROPN
esutjss-245	487	2	,	,	PUNCT
esutjss-245	487	3	a.	a.	PROPN
esutjss-245	487	4	,	,	PUNCT
esutjss-245	487	5	sulaiman	sulaiman	PROPN
esutjss-245	487	6	,	,	PUNCT
esutjss-245	487	7	i.	i.	PROPN
esutjss-245	487	8	,	,	PUNCT
esutjss-245	487	9	&	&	CCONJ
esutjss-245	487	10	haruna	haruna	PROPN
esutjss-245	487	11	,	,	PUNCT
esutjss-245	487	12	u.	u.	PROPN
esutjss-245	487	13	(	(	PUNCT
esutjss-245	487	14	2018	2018	NUM
esutjss-245	487	15	)	)	PUNCT
esutjss-245	487	16	.	.	PUNCT
esutjss-245	488	1	effect	effect	NOUN
esutjss-245	488	2	of	of	ADP
esutjss-245	488	3	firms	firm	NOUN
esutjss-245	488	4	characteristics	characteristic	NOUN
esutjss-245	488	5	on	on	ADP
esutjss-245	488	6	financial	financial	ADJ
esutjss-245	488	7	performance	performance	NOUN
esutjss-245	488	8	of	of	ADP
esutjss-245	488	9	listed	list	VERB
esutjss-245	488	10	insurance	insurance	NOUN
esutjss-245	488	11	companies	company	NOUN
esutjss-245	488	12	in	in	ADP
esutjss-245	488	13	nigeria	nigeria	PROPN
esutjss-245	488	14	.	.	PUNCT
esutjss-245	489	1	african	african	ADJ
esutjss-245	489	2	journal	journal	PROPN
esutjss-245	489	3	of	of	ADP
esutjss-245	489	4	history	history	NOUN
esutjss-245	489	5	and	and	CCONJ
esutjss-245	489	6	archaeology	archaeology	NOUN
esutjss-245	489	7	,	,	PUNCT
esutjss-245	489	8	3(1	3(1	NUM
esutjss-245	489	9	)	)	PUNCT
esutjss-245	489	10	,	,	PUNCT
esutjss-245	489	11	1	1	NUM
esutjss-245	489	12	-	-	SYM
esutjss-245	489	13	9	9	NUM
esutjss-245	489	14	.	.	X
esutjss-245	489	15	aggarwal	aggarwal	PROPN
esutjss-245	489	16	,	,	PUNCT
esutjss-245	489	17	d.	d.	PROPN
esutjss-245	489	18	&	&	CCONJ
esutjss-245	489	19	padhan	padhan	PROPN
esutjss-245	489	20	,	,	PUNCT
esutjss-245	489	21	p.c	p.c	PROPN
esutjss-245	489	22	.	.	PROPN
esutjss-245	489	23	(	(	PUNCT
esutjss-245	489	24	2017	2017	NUM
esutjss-245	489	25	)	)	PUNCT
esutjss-245	489	26	.	.	PUNCT
esutjss-245	490	1	impact	impact	NOUN
esutjss-245	490	2	of	of	ADP
esutjss-245	490	3	capital	capital	NOUN
esutjss-245	490	4	structure	structure	NOUN
esutjss-245	490	5	on	on	ADP
esutjss-245	490	6	firm	firm	ADJ
esutjss-245	490	7	value	value	NOUN
esutjss-245	490	8	:	:	PUNCT
esutjss-245	490	9	evidence	evidence	NOUN
esutjss-245	490	10	from	from	ADP
esutjss-245	490	11	indian	indian	ADJ
esutjss-245	490	12	hospitality	hospitality	NOUN
esutjss-245	490	13	industry	industry	NOUN
esutjss-245	490	14	.	.	PUNCT
esutjss-245	491	1	theoretical	theoretical	ADJ
esutjss-245	491	2	economics	economic	NOUN
esutjss-245	491	3	letters	letter	NOUN
esutjss-245	491	4	,	,	PUNCT
esutjss-245	491	5	7	7	NUM
esutjss-245	491	6	,	,	PUNCT
esutjss-245	491	7	982	982	NUM
esutjss-245	491	8	-	-	SYM
esutjss-245	491	9	1000	1000	NUM
esutjss-245	491	10	.	.	PUNCT
esutjss-245	492	1	aggreh	aggreh	NOUN
esutjss-245	492	2	,	,	PUNCT
esutjss-245	492	3	m.	m.	NOUN
esutjss-245	492	4	,	,	PUNCT
esutjss-245	492	5	nworie	nworie	ADJ
esutjss-245	492	6	,	,	PUNCT
esutjss-245	492	7	g.	g.	PROPN
esutjss-245	492	8	o.	o.	PROPN
esutjss-245	492	9	,	,	PUNCT
esutjss-245	492	10	ejimadu	ejimadu	NOUN
esutjss-245	492	11	,	,	PUNCT
esutjss-245	492	12	a.	a.	PROPN
esutjss-245	492	13	r.	r.	PROPN
esutjss-245	492	14	&	&	CCONJ
esutjss-245	492	15	ikuemonisan	ikuemonisan	PROPN
esutjss-245	492	16	,	,	PUNCT
esutjss-245	492	17	s.	s.	PROPN
esutjss-245	492	18	s.	s.	PROPN
esutjss-245	492	19	(	(	PUNCT
esutjss-245	492	20	2021	2021	NUM
esutjss-245	492	21	)	)	PUNCT
esutjss-245	492	22	.	.	PUNCT
esutjss-245	493	1	determinants	determinant	NOUN
esutjss-245	493	2	of	of	ADP
esutjss-245	493	3	corporate	corporate	ADJ
esutjss-245	493	4	failure	failure	NOUN
esutjss-245	493	5	in	in	ADP
esutjss-245	493	6	nigerian	nigerian	ADJ
esutjss-245	493	7	banking	banking	NOUN
esutjss-245	493	8	.	.	PUNCT
esutjss-245	494	1	management	management	NOUN
esutjss-245	494	2	science	science	PROPN
esutjss-245	494	3	review	review	PROPN
esutjss-245	494	4	,	,	PUNCT
esutjss-245	494	5	12(1	12(1	NUM
esutjss-245	494	6	)	)	PUNCT
esutjss-245	494	7	,	,	PUNCT
esutjss-245	494	8	251	251	NUM
esutjss-245	494	9	-	-	SYM
esutjss-245	494	10	261	261	NUM
esutjss-245	494	11	.	.	PUNCT
esutjss-245	495	1	akhalumeh	akhalumeh	NOUN
esutjss-245	495	2	,	,	PUNCT
esutjss-245	495	3	p.	p.	PROPN
esutjss-245	495	4	,	,	PUNCT
esutjss-245	495	5	izevbekhai	izevbekhai	PROPN
esutjss-245	495	6	,	,	PUNCT
esutjss-245	495	7	m.	m.	NOUN
esutjss-245	495	8	,	,	PUNCT
esutjss-245	495	9	&	&	CCONJ
esutjss-245	495	10	ohenhen	ohenhen	PROPN
esutjss-245	495	11	,	,	PUNCT
esutjss-245	495	12	p.	p.	NOUN
esutjss-245	495	13	(	(	PUNCT
esutjss-245	495	14	2022	2022	NUM
esutjss-245	495	15	)	)	PUNCT
esutjss-245	495	16	.	.	PUNCT
esutjss-245	496	1	corporate	corporate	ADJ
esutjss-245	496	2	attributes	attribute	NOUN
esutjss-245	496	3	and	and	CCONJ
esutjss-245	496	4	firm	firm	ADJ
esutjss-245	496	5	growth	growth	NOUN
esutjss-245	496	6	:	:	PUNCT
esutjss-245	496	7	empirical	empirical	ADJ
esutjss-245	496	8	evidence	evidence	NOUN
esutjss-245	496	9	from	from	ADP
esutjss-245	496	10	nigerian	nigerian	PROPN
esutjss-245	496	11	listed	list	VERB
esutjss-245	496	12	firms.accounting	firms.accounting	PROPN
esutjss-245	496	13	&	&	CCONJ
esutjss-245	496	14	taxation	taxation	NOUN
esutjss-245	496	15	review	review	NOUN
esutjss-245	496	16	,	,	PUNCT
esutjss-245	496	17	6(2	6(2	NUM
esutjss-245	496	18	)	)	PUNCT
esutjss-245	496	19	,	,	PUNCT
esutjss-245	496	20	1430	1430	NUM
esutjss-245	496	21	.	.	PUNCT
esutjss-245	497	1	amahalu	amahalu	PROPN
esutjss-245	497	2	,	,	PUNCT
esutjss-245	497	3	n.	n.	PROPN
esutjss-245	497	4	n.	n.	PROPN
esutjss-245	497	5	,	,	PUNCT
esutjss-245	497	6	&	&	CCONJ
esutjss-245	497	7	okudo	okudo	NOUN
esutjss-245	497	8	,	,	PUNCT
esutjss-245	497	9	c.	c.	PROPN
esutjss-245	497	10	c.	c.	PROPN
esutjss-245	497	11	(	(	PUNCT
esutjss-245	497	12	2023	2023	NUM
esutjss-245	497	13	)	)	PUNCT
esutjss-245	497	14	.	.	PUNCT
esutjss-245	498	1	firm	firm	ADJ
esutjss-245	498	2	characteristics	characteristic	NOUN
esutjss-245	498	3	and	and	CCONJ
esutjss-245	498	4	cash	cash	NOUN
esutjss-245	498	5	holdings	holding	NOUN
esutjss-245	498	6	of	of	ADP
esutjss-245	498	7	quoted	quote	VERB
esutjss-245	498	8	conglomerates	conglomerate	NOUN
esutjss-245	498	9	in	in	ADP
esutjss-245	498	10	nigeria	nigeria	PROPN
esutjss-245	498	11	.	.	PUNCT
esutjss-245	499	1	scholarly	scholarly	ADJ
esutjss-245	499	2	journal	journal	PROPN
esutjss-245	499	3	of	of	ADP
esutjss-245	499	4	management	management	NOUN
esutjss-245	499	5	sciences	science	NOUN
esutjss-245	499	6	,	,	PUNCT
esutjss-245	499	7	2(3	2(3	NUM
esutjss-245	499	8	)	)	PUNCT
esutjss-245	499	9	,	,	PUNCT
esutjss-245	499	10	111	111	NUM
esutjss-245	499	11	-	-	SYM
esutjss-245	499	12	126	126	NUM
esutjss-245	499	13	.	.	PUNCT
esutjss-245	500	1	appah	appah	PROPN
esutjss-245	500	2	,	,	PUNCT
esutjss-245	500	3	e.	e.	PROPN
esutjss-245	500	4	,	,	PUNCT
esutjss-245	500	5	&	&	CCONJ
esutjss-245	500	6	duoduo	duoduo	NOUN
esutjss-245	500	7	,	,	PUNCT
esutjss-245	500	8	g.	g.	PROPN
esutjss-245	500	9	(	(	PUNCT
esutjss-245	500	10	2024	2024	NUM
esutjss-245	500	11	)	)	PUNCT
esutjss-245	500	12	.	.	PUNCT
esutjss-245	501	1	firm	firm	ADJ
esutjss-245	501	2	attributes	attribute	NOUN
esutjss-245	501	3	and	and	CCONJ
esutjss-245	501	4	corporate	corporate	ADJ
esutjss-245	501	5	financial	financial	ADJ
esutjss-245	501	6	distress	distress	NOUN
esutjss-245	501	7	of	of	ADP
esutjss-245	501	8	listed	list	VERB
esutjss-245	501	9	manufacturing	manufacturing	NOUN
esutjss-245	501	10	firms	firm	NOUN
esutjss-245	501	11	at	at	ADP
esutjss-245	501	12	the	the	DET
esutjss-245	501	13	nigeria	nigeria	PROPN
esutjss-245	501	14	exchange	exchange	PROPN
esutjss-245	501	15	group	group	NOUN
esutjss-245	501	16	.	.	PUNCT
esutjss-245	502	1	british	british	ADJ
esutjss-245	502	2	journal	journal	PROPN
esutjss-245	502	3	of	of	ADP
esutjss-245	502	4	multidisciplinary	multidisciplinary	ADJ
esutjss-245	502	5	and	and	CCONJ
esutjss-245	502	6	advanced	advanced	ADJ
esutjss-245	502	7	studies	study	NOUN
esutjss-245	502	8	,	,	PUNCT
esutjss-245	502	9	5(1	5(1	NUM
esutjss-245	502	10	)	)	PUNCT
esutjss-245	502	11	,	,	PUNCT
esutjss-245	502	12	16	16	NUM
esutjss-245	502	13	-	-	SYM
esutjss-245	502	14	40	40	NUM
esutjss-245	502	15	.	.	PUNCT
esutjss-245	503	1	ayako	ayako	PROPN
esutjss-245	503	2	,	,	PUNCT
esutjss-245	503	3	a.	a.	PROPN
esutjss-245	503	4	,	,	PUNCT
esutjss-245	503	5	&	&	CCONJ
esutjss-245	503	6	wamalwa	wamalwa	PROPN
esutjss-245	503	7	,	,	PUNCT
esutjss-245	503	8	f.	f.	PROPN
esutjss-245	503	9	(	(	PUNCT
esutjss-245	503	10	2015	2015	NUM
esutjss-245	503	11	)	)	PUNCT
esutjss-245	503	12	.	.	PUNCT
esutjss-245	504	1	determinants	determinant	NOUN
esutjss-245	504	2	of	of	ADP
esutjss-245	504	3	firm	firm	ADJ
esutjss-245	504	4	value	value	NOUN
esutjss-245	504	5	in	in	ADP
esutjss-245	504	6	kenya	kenya	PROPN
esutjss-245	504	7	:	:	PUNCT
esutjss-245	504	8	case	case	NOUN
esutjss-245	504	9	of	of	ADP
esutjss-245	504	10	commercial	commercial	ADJ
esutjss-245	504	11	banks	bank	NOUN
esutjss-245	504	12	listed	list	VERB
esutjss-245	504	13	at	at	ADP
esutjss-245	504	14	the	the	DET
esutjss-245	504	15	nairobi	nairobi	PROPN
esutjss-245	504	16	securities	securities	PROPN
esutjss-245	504	17	exchange	exchange	PROPN
esutjss-245	504	18	.	.	PUNCT
esutjss-245	505	1	applied	apply	VERB
esutjss-245	505	2	finance	finance	NOUN
esutjss-245	505	3	and	and	CCONJ
esutjss-245	505	4	accounting	accounting	NOUN
esutjss-245	505	5	,	,	PUNCT
esutjss-245	505	6	1(2	1(2	NUM
esutjss-245	505	7	)	)	PUNCT
esutjss-245	505	8	,	,	PUNCT
esutjss-245	505	9	129	129	NUM
esutjss-245	505	10	-	-	SYM
esutjss-245	505	11	142	142	NUM
esutjss-245	505	12	.	.	PUNCT
esutjss-245	506	1	ayoola	ayoola	NOUN
esutjss-245	506	2	-	-	PUNCT
esutjss-245	506	3	akinjobi	akinjobi	PROPN
esutjss-245	506	4	,	,	PUNCT
esutjss-245	506	5	o.	o.	NOUN
esutjss-245	506	6	o.	o.	PROPN
esutjss-245	506	7	,	,	PUNCT
esutjss-245	506	8	&	&	CCONJ
esutjss-245	506	9	olayinka	olayinka	NOUN
esutjss-245	506	10	,	,	PUNCT
esutjss-245	506	11	o.	o.	PROPN
esutjss-245	506	12	d.	d.	PROPN
esutjss-245	506	13	the	the	DET
esutjss-245	506	14	attributes	attribute	NOUN
esutjss-245	506	15	of	of	ADP
esutjss-245	506	16	corporate	corporate	ADJ
esutjss-245	506	17	governance	governance	NOUN
esutjss-245	506	18	and	and	CCONJ
esutjss-245	506	19	financial	financial	ADJ
esutjss-245	506	20	reporting	reporting	NOUN
esutjss-245	506	21	quality	quality	NOUN
esutjss-245	506	22	of	of	ADP
esutjss-245	506	23	listed	list	VERB
esutjss-245	506	24	agricultural	agricultural	ADJ
esutjss-245	506	25	firms	firm	NOUN
esutjss-245	506	26	in	in	ADP
esutjss-245	506	27	nigeria	nigeria	PROPN
esutjss-245	506	28	.	.	PUNCT
esutjss-245	507	1	journal	journal	PROPN
esutjss-245	507	2	of	of	ADP
esutjss-245	507	3	accounting	accounting	NOUN
esutjss-245	507	4	and	and	CCONJ
esutjss-245	507	5	financial	financial	ADJ
esutjss-245	507	6	management	management	NOUN
esutjss-245	507	7	,	,	PUNCT
esutjss-245	507	8	9(5	9(5	NUM
esutjss-245	507	9	)	)	PUNCT
esutjss-245	507	10	.	.	PUNCT
esutjss-245	508	1	bala	bala	PROPN
esutjss-245	508	2	,	,	PUNCT
esutjss-245	508	3	r.	r.	PROPN
esutjss-245	508	4	n.	n.	PROPN
esutjss-245	508	5	(	(	PUNCT
esutjss-245	508	6	2021	2021	NUM
esutjss-245	508	7	)	)	PUNCT
esutjss-245	508	8	.	.	PUNCT
esutjss-245	509	1	concept	concept	NOUN
esutjss-245	509	2	of	of	ADP
esutjss-245	509	3	firm	firm	NOUN
esutjss-245	509	4	attributes	attribute	VERB
esutjss-245	509	5	:	:	PUNCT
esutjss-245	509	6	a	a	DET
esutjss-245	509	7	review	review	NOUN
esutjss-245	509	8	of	of	ADP
esutjss-245	509	9	literature	literature	NOUN
esutjss-245	509	10	.	.	PUNCT
esutjss-245	510	1	academia	academia	PROPN
esutjss-245	510	2	letters	letter	NOUN
esutjss-245	510	3	,	,	PUNCT
esutjss-245	510	4	2	2	X
esutjss-245	510	5	.	.	X
esutjss-245	510	6	banafa	banafa	NOUN
esutjss-245	510	7	,	,	PUNCT
esutjss-245	510	8	a.	a.	PROPN
esutjss-245	510	9	s.	s.	PROPN
esutjss-245	510	10	a.	a.	PROPN
esutjss-245	510	11	(	(	PUNCT
esutjss-245	510	12	2016	2016	NUM
esutjss-245	510	13	)	)	PUNCT
esutjss-245	510	14	.	.	PUNCT
esutjss-245	511	1	the	the	DET
esutjss-245	511	2	effect	effect	NOUN
esutjss-245	511	3	of	of	ADP
esutjss-245	511	4	leverage	leverage	NOUN
esutjss-245	511	5	,	,	PUNCT
esutjss-245	511	6	liquidity	liquidity	NOUN
esutjss-245	511	7	,	,	PUNCT
esutjss-245	511	8	and	and	CCONJ
esutjss-245	511	9	firm	firm	ADJ
esutjss-245	511	10	size	size	NOUN
esutjss-245	511	11	on	on	ADP
esutjss-245	511	12	financial	financial	ADJ
esutjss-245	511	13	performance	performance	NOUN
esutjss-245	511	14	of	of	ADP
esutjss-245	511	15	listed	list	VERB
esutjss-245	511	16	non	non	ADJ
esutjss-245	511	17	-	-	ADJ
esutjss-245	511	18	financial	financial	ADJ
esutjss-245	511	19	firms	firm	NOUN
esutjss-245	511	20	in	in	ADP
esutjss-245	511	21	kenya	kenya	PROPN
esutjss-245	511	22	(	(	PUNCT
esutjss-245	511	23	doctoral	doctoral	ADJ
esutjss-245	511	24	dissertation	dissertation	NOUN
esutjss-245	511	25	,	,	PUNCT
esutjss-245	511	26	cohred	cohre	VERB
esutjss-245	511	27	,	,	PUNCT
esutjss-245	511	28	business	business	NOUN
esutjss-245	511	29	administration	administration	NOUN
esutjss-245	511	30	,	,	PUNCT
esutjss-245	511	31	jkuat	jkuat	PROPN
esutjss-245	511	32	)	)	PUNCT
esutjss-245	511	33	.	.	PUNCT
esutjss-245	512	1	bencharles	bencharle	NOUN
esutjss-245	512	2	,	,	PUNCT
esutjss-245	512	3	o.	o.	PROPN
esutjss-245	512	4	,	,	PUNCT
esutjss-245	512	5	&	&	CCONJ
esutjss-245	512	6	osifo	osifo	ADJ
esutjss-245	512	7	,	,	PUNCT
esutjss-245	512	8	o.	o.	NOUN
esutjss-245	512	9	(	(	PUNCT
esutjss-245	512	10	2022	2022	NUM
esutjss-245	512	11	)	)	PUNCT
esutjss-245	512	12	.	.	PUNCT
esutjss-245	513	1	capital	capital	NOUN
esutjss-245	513	2	structure	structure	NOUN
esutjss-245	513	3	and	and	CCONJ
esutjss-245	513	4	firms	firm	NOUN
esutjss-245	513	5	value	value	VERB
esutjss-245	513	6	in	in	ADP
esutjss-245	513	7	nigeria	nigeria	PROPN
esutjss-245	513	8	:	:	PUNCT
esutjss-245	513	9	does	do	VERB
esutjss-245	513	10	industry	industry	NOUN
esutjss-245	513	11	heterogeneity	heterogeneity	NOUN
esutjss-245	513	12	hold?journal	hold?journal	PROPN
esutjss-245	513	13	of	of	ADP
esutjss-245	513	14	academic	academic	ADJ
esutjss-245	513	15	research	research	NOUN
esutjss-245	513	16	in	in	ADP
esutjss-245	513	17	economics	economic	NOUN
esutjss-245	513	18	,	,	PUNCT
esutjss-245	513	19	14(1	14(1	NUM
esutjss-245	513	20	)	)	PUNCT
esutjss-245	513	21	,	,	PUNCT
esutjss-245	513	22	121	121	NUM
esutjss-245	513	23	-	-	SYM
esutjss-245	513	24	137	137	NUM
esutjss-245	513	25	.	.	PUNCT
esutjss-245	514	1	591	591	NUM
esutjss-245	514	2	chukwu	chukwu	NOUN
esutjss-245	514	3	,	,	PUNCT
esutjss-245	514	4	g.	g.	PROPN
esutjss-245	514	5	j.	j.	PROPN
esutjss-245	514	6	,	,	PUNCT
esutjss-245	514	7	damiebi	damiebi	PROPN
esutjss-245	514	8	,	,	PUNCT
esutjss-245	514	9	i.	i.	PROPN
esutjss-245	514	10	j.	j.	PROPN
esutjss-245	514	11	,	,	PUNCT
esutjss-245	514	12	&	&	CCONJ
esutjss-245	514	13	okoye	okoye	PROPN
esutjss-245	514	14	,	,	PUNCT
esutjss-245	514	15	e.	e.	PROPN
esutjss-245	514	16	i.	i.	PROPN
esutjss-245	514	17	(	(	PUNCT
esutjss-245	514	18	2019	2019	NUM
esutjss-245	514	19	)	)	PUNCT
esutjss-245	514	20	.	.	PUNCT
esutjss-245	515	1	firm	firm	ADJ
esutjss-245	515	2	-	-	PUNCT
esutjss-245	515	3	specific	specific	ADJ
esutjss-245	515	4	attributes	attribute	NOUN
esutjss-245	515	5	and	and	CCONJ
esutjss-245	515	6	the	the	DET
esutjss-245	515	7	value	value	NOUN
esutjss-245	515	8	relevance	relevance	NOUN
esutjss-245	515	9	of	of	ADP
esutjss-245	515	10	accounting	account	VERB
esutjss-245	515	11	information	information	NOUN
esutjss-245	515	12	in	in	ADP
esutjss-245	515	13	nigeria	nigeria	PROPN
esutjss-245	515	14	.	.	PUNCT
esutjss-245	516	1	international	international	ADJ
esutjss-245	516	2	journal	journal	PROPN
esutjss-245	516	3	of	of	ADP
esutjss-245	516	4	business	business	NOUN
esutjss-245	516	5	and	and	CCONJ
esutjss-245	516	6	management	management	NOUN
esutjss-245	516	7	,	,	PUNCT
esutjss-245	516	8	14(10	14(10	NUM
esutjss-245	516	9	)	)	PUNCT
esutjss-245	516	10	,	,	PUNCT
esutjss-245	516	11	12	12	NUM
esutjss-245	516	12	-	-	SYM
esutjss-245	516	13	20	20	NUM
esutjss-245	516	14	.	.	PUNCT
esutjss-245	517	1	dang	dang	PROPN
esutjss-245	517	2	,	,	PUNCT
esutjss-245	517	3	h.	h.	PROPN
esutjss-245	517	4	n.	n.	PROPN
esutjss-245	517	5	,	,	PUNCT
esutjss-245	517	6	vu	vu	PROPN
esutjss-245	517	7	,	,	PUNCT
esutjss-245	517	8	v.	v.	ADP
esutjss-245	517	9	t.	t.	PROPN
esutjss-245	517	10	t.	t.	PROPN
esutjss-245	517	11	,	,	PUNCT
esutjss-245	517	12	ngo	ngo	PROPN
esutjss-245	517	13	,	,	PUNCT
esutjss-245	517	14	x.	x.	PROPN
esutjss-245	517	15	t.	t.	PROPN
esutjss-245	517	16	&	&	CCONJ
esutjss-245	517	17	hoang	hoang	PROPN
esutjss-245	517	18	,	,	PUNCT
esutjss-245	517	19	h.	h.	PROPN
esutjss-245	517	20	t.	t.	PROPN
esutjss-245	517	21	v.	v.	PROPN
esutjss-245	518	1	(	(	PUNCT
esutjss-245	518	2	2019	2019	NUM
esutjss-245	518	3	)	)	PUNCT
esutjss-245	518	4	.	.	PUNCT
esutjss-245	519	1	study	study	VERB
esutjss-245	519	2	the	the	DET
esutjss-245	519	3	impact	impact	NOUN
esutjss-245	519	4	of	of	ADP
esutjss-245	519	5	growth	growth	NOUN
esutjss-245	519	6	,	,	PUNCT
esutjss-245	519	7	firm	firm	ADJ
esutjss-245	519	8	size	size	NOUN
esutjss-245	519	9	,	,	PUNCT
esutjss-245	519	10	capital	capital	NOUN
esutjss-245	519	11	structure	structure	NOUN
esutjss-245	519	12	,	,	PUNCT
esutjss-245	519	13	and	and	CCONJ
esutjss-245	519	14	profitability	profitability	NOUN
esutjss-245	519	15	on	on	ADP
esutjss-245	519	16	enterprise	enterprise	NOUN
esutjss-245	519	17	value	value	NOUN
esutjss-245	519	18	:	:	PUNCT
esutjss-245	519	19	evidence	evidence	NOUN
esutjss-245	519	20	of	of	ADP
esutjss-245	519	21	enterprises	enterprise	NOUN
esutjss-245	519	22	in	in	ADP
esutjss-245	519	23	vietnam	vietnam	PROPN
esutjss-245	519	24	.	.	PUNCT
esutjss-245	520	1	journal	journal	PROPN
esutjss-245	520	2	of	of	ADP
esutjss-245	520	3	corporate	corporate	ADJ
esutjss-245	520	4	accounting	accounting	NOUN
esutjss-245	520	5	&	&	CCONJ
esutjss-245	520	6	finance	finance	NOUN
esutjss-245	520	7	,	,	PUNCT
esutjss-245	520	8	30(1	30(1	NUM
esutjss-245	520	9	)	)	PUNCT
esutjss-245	520	10	,	,	PUNCT
esutjss-245	520	11	144	144	NUM
esutjss-245	520	12	-	-	SYM
esutjss-245	520	13	160	160	NUM
esutjss-245	520	14	.	.	PUNCT
esutjss-245	521	1	desmon	desmon	NOUN
esutjss-245	521	2	,	,	PUNCT
esutjss-245	521	3	a.	a.	PROPN
esutjss-245	521	4	r.	r.	PROPN
esutjss-245	521	5	w.	w.	PROPN
esutjss-245	521	6	,	,	PUNCT
esutjss-245	521	7	&	&	CCONJ
esutjss-245	521	8	meirinaldi	meirinaldi	ADJ
esutjss-245	521	9	,	,	PUNCT
esutjss-245	521	10	y.	y.	PROPN
esutjss-245	521	11	c.	c.	PROPN
esutjss-245	521	12	(	(	PUNCT
esutjss-245	521	13	2022	2022	NUM
esutjss-245	521	14	,	,	PUNCT
esutjss-245	521	15	january	january	PROPN
esutjss-245	521	16	)	)	PUNCT
esutjss-245	521	17	.	.	PUNCT
esutjss-245	522	1	the	the	DET
esutjss-245	522	2	effect	effect	NOUN
esutjss-245	522	3	of	of	ADP
esutjss-245	522	4	return	return	NOUN
esutjss-245	522	5	on	on	ADP
esutjss-245	522	6	asset	asset	NOUN
esutjss-245	522	7	,	,	PUNCT
esutjss-245	522	8	return	return	VERB
esutjss-245	522	9	on	on	ADP
esutjss-245	522	10	equity	equity	NOUN
esutjss-245	522	11	and	and	CCONJ
esutjss-245	522	12	debt	debt	NOUN
esutjss-245	522	13	to	to	ADP
esutjss-245	522	14	equity	equity	NOUN
esutjss-245	522	15	ratio	ratio	NOUN
esutjss-245	522	16	on	on	ADP
esutjss-245	522	17	the	the	DET
esutjss-245	522	18	value	value	NOUN
esutjss-245	522	19	of	of	ADP
esutjss-245	522	20	the	the	DET
esutjss-245	522	21	manufacturing	manufacture	VERB
esutjss-245	522	22	firm	firm	NOUN
esutjss-245	522	23	listed	list	VERB
esutjss-245	522	24	on	on	ADP
esutjss-245	522	25	stock	stock	NOUN
esutjss-245	522	26	exchange	exchange	PROPN
esutjss-245	522	27	2015	2015	NUM
esutjss-245	522	28	-	-	SYM
esutjss-245	522	29	2019	2019	NUM
esutjss-245	522	30	.	.	PUNCT
esutjss-245	523	1	in	in	ADP
esutjss-245	523	2	mic	mic	ADJ
esutjss-245	523	3	2021	2021	NUM
esutjss-245	523	4	:	:	PUNCT
esutjss-245	523	5	proceedings	proceeding	NOUN
esutjss-245	523	6	of	of	ADP
esutjss-245	523	7	the	the	DET
esutjss-245	523	8	first	first	ADJ
esutjss-245	523	9	multidiscipline	multidiscipline	NOUN
esutjss-245	523	10	international	international	ADJ
esutjss-245	523	11	conference	conference	NOUN
esutjss-245	523	12	,	,	PUNCT
esutjss-245	523	13	mic	mic	ADJ
esutjss-245	523	14	2021	2021	NUM
esutjss-245	523	15	,	,	PUNCT
esutjss-245	523	16	october	october	PROPN
esutjss-245	523	17	30	30	NUM
esutjss-245	523	18	2021	2021	NUM
esutjss-245	523	19	,	,	PUNCT
esutjss-245	523	20	jakarta	jakarta	PROPN
esutjss-245	523	21	,	,	PUNCT
esutjss-245	523	22	indonesia	indonesia	PROPN
esutjss-245	523	23	(	(	PUNCT
esutjss-245	523	24	p.	p.	NOUN
esutjss-245	523	25	196	196	NUM
esutjss-245	523	26	)	)	PUNCT
esutjss-245	523	27	.	.	PUNCT
esutjss-245	524	1	european	european	PROPN
esutjss-245	524	2	alliance	alliance	PROPN
esutjss-245	524	3	for	for	ADP
esutjss-245	524	4	innovation	innovation	NOUN
esutjss-245	524	5	.	.	PUNCT
esutjss-245	525	1	efuntade	efuntade	VERB
esutjss-245	525	2	,	,	PUNCT
esutjss-245	525	3	a.	a.	NOUN
esutjss-245	525	4	o.	o.	PROPN
esutjss-245	525	5	,	,	PUNCT
esutjss-245	525	6	&	&	CCONJ
esutjss-245	525	7	akinola	akinola	PROPN
esutjss-245	525	8	,	,	PUNCT
esutjss-245	525	9	a.	a.	PROPN
esutjss-245	525	10	o.	o.	PROPN
esutjss-245	525	11	(	(	PUNCT
esutjss-245	525	12	2020	2020	NUM
esutjss-245	525	13	)	)	PUNCT
esutjss-245	525	14	.	.	PUNCT
esutjss-245	526	1	firm	firm	ADJ
esutjss-245	526	2	characteristics	characteristic	NOUN
esutjss-245	526	3	and	and	CCONJ
esutjss-245	526	4	financial	financial	ADJ
esutjss-245	526	5	performance	performance	NOUN
esutjss-245	526	6	in	in	ADP
esutjss-245	526	7	quoted	quote	VERB
esutjss-245	526	8	manufacturing	manufacturing	NOUN
esutjss-245	526	9	companies	company	NOUN
esutjss-245	526	10	in	in	ADP
esutjss-245	526	11	nigeria	nigeria	PROPN
esutjss-245	526	12	.	.	PUNCT
esutjss-245	527	1	international	international	ADJ
esutjss-245	527	2	journal	journal	PROPN
esutjss-245	527	3	of	of	ADP
esutjss-245	527	4	business	business	NOUN
esutjss-245	527	5	and	and	CCONJ
esutjss-245	527	6	finance	finance	NOUN
esutjss-245	527	7	management	management	NOUN
esutjss-245	527	8	research	research	NOUN
esutjss-245	527	9	,	,	PUNCT
esutjss-245	527	10	7(1	7(1	NUM
esutjss-245	527	11	)	)	PUNCT
esutjss-245	527	12	,	,	PUNCT
esutjss-245	527	13	25	25	NUM
esutjss-245	527	14	-	-	SYM
esutjss-245	527	15	32	32	NUM
esutjss-245	527	16	.	.	PUNCT
esutjss-245	528	1	endri	endri	PROPN
esutjss-245	528	2	,	,	PUNCT
esutjss-245	528	3	e.	e.	PROPN
esutjss-245	528	4	,	,	PUNCT
esutjss-245	528	5	&	&	CCONJ
esutjss-245	528	6	fathony	fathony	NOUN
esutjss-245	528	7	,	,	PUNCT
esutjss-245	528	8	m.	m.	NOUN
esutjss-245	528	9	(	(	PUNCT
esutjss-245	528	10	2020	2020	NUM
esutjss-245	528	11	)	)	PUNCT
esutjss-245	528	12	.	.	PUNCT
esutjss-245	529	1	determinants	determinant	NOUN
esutjss-245	529	2	of	of	ADP
esutjss-245	529	3	firm	firm	NOUN
esutjss-245	529	4	’s	’s	PART
esutjss-245	529	5	value	value	NOUN
esutjss-245	529	6	:	:	PUNCT
esutjss-245	529	7	evidence	evidence	NOUN
esutjss-245	529	8	from	from	ADP
esutjss-245	529	9	financial	financial	ADJ
esutjss-245	529	10	industry	industry	NOUN
esutjss-245	529	11	.	.	PUNCT
esutjss-245	530	1	management	management	NOUN
esutjss-245	530	2	science	science	NOUN
esutjss-245	530	3	letters	letter	NOUN
esutjss-245	530	4	,	,	PUNCT
esutjss-245	530	5	10(1	10(1	NUM
esutjss-245	530	6	)	)	PUNCT
esutjss-245	530	7	,	,	PUNCT
esutjss-245	530	8	111	111	NUM
esutjss-245	530	9	-	-	SYM
esutjss-245	530	10	120	120	NUM
esutjss-245	530	11	.	.	PUNCT
esutjss-245	531	1	fadhilah	fadhilah	PROPN
esutjss-245	531	2	,	,	PUNCT
esutjss-245	531	3	n.	n.	PROPN
esutjss-245	531	4	n.	n.	PROPN
esutjss-245	531	5	,	,	PUNCT
esutjss-245	531	6	kurniati	kurniati	PROPN
esutjss-245	531	7	,	,	PUNCT
esutjss-245	531	8	d.	d.	PROPN
esutjss-245	531	9	,	,	PUNCT
esutjss-245	531	10	&	&	CCONJ
esutjss-245	531	11	suherman	suherman	PROPN
esutjss-245	531	12	,	,	PUNCT
esutjss-245	531	13	s.	s.	PROPN
esutjss-245	531	14	(	(	PUNCT
esutjss-245	531	15	2022	2022	NUM
esutjss-245	531	16	)	)	PUNCT
esutjss-245	531	17	.	.	PUNCT
esutjss-245	532	1	firm	firm	ADJ
esutjss-245	532	2	value	value	NOUN
esutjss-245	532	3	determinants	determinant	NOUN
esutjss-245	532	4	:	:	PUNCT
esutjss-245	532	5	empirical	empirical	ADJ
esutjss-245	532	6	evidence	evidence	NOUN
esutjss-245	532	7	from	from	ADP
esutjss-245	532	8	manufacturing	manufacture	VERB
esutjss-245	532	9	firms	firm	NOUN
esutjss-245	532	10	listed	list	VERB
esutjss-245	532	11	on	on	ADP
esutjss-245	532	12	the	the	DET
esutjss-245	532	13	indonesia	indonesia	PROPN
esutjss-245	532	14	stock	stock	PROPN
esutjss-245	532	15	exchange	exchange	PROPN
esutjss-245	532	16	.	.	PUNCT
esutjss-245	533	1	interdisciplinary	interdisciplinary	ADJ
esutjss-245	533	2	social	social	ADJ
esutjss-245	533	3	studies	study	NOUN
esutjss-245	533	4	,	,	PUNCT
esutjss-245	533	5	1(6	1(6	NUM
esutjss-245	533	6	)	)	PUNCT
esutjss-245	533	7	,	,	PUNCT
esutjss-245	533	8	742	742	NUM
esutjss-245	533	9	-	-	SYM
esutjss-245	533	10	756	756	NUM
esutjss-245	533	11	.	.	PUNCT
esutjss-245	534	1	ha	ha	INTJ
esutjss-245	534	2	,	,	PUNCT
esutjss-245	534	3	n.	n.	PROPN
esutjss-245	534	4	t.	t.	PROPN
esutjss-245	534	5	l.	l.	PROPN
esutjss-245	534	6	,	,	PUNCT
esutjss-245	534	7	&	&	CCONJ
esutjss-245	534	8	minh	minh	PROPN
esutjss-245	534	9	,	,	PUNCT
esutjss-245	534	10	b.	b.	PROPN
esutjss-245	534	11	t.	t.	PROPN
esutjss-245	534	12	(	(	PUNCT
esutjss-245	534	13	2020	2020	NUM
esutjss-245	534	14	)	)	PUNCT
esutjss-245	534	15	.	.	PUNCT
esutjss-245	535	1	determinants	determinant	NOUN
esutjss-245	535	2	of	of	ADP
esutjss-245	535	3	firm	firm	ADJ
esutjss-245	535	4	value	value	NOUN
esutjss-245	535	5	in	in	ADP
esutjss-245	535	6	vietnam	vietnam	PROPN
esutjss-245	535	7	:	:	PUNCT
esutjss-245	535	8	a	a	DET
esutjss-245	535	9	research	research	NOUN
esutjss-245	535	10	framework	framework	NOUN
esutjss-245	535	11	.	.	PUNCT
esutjss-245	536	1	international	international	ADJ
esutjss-245	536	2	journal	journal	PROPN
esutjss-245	536	3	of	of	ADP
esutjss-245	536	4	science	science	NOUN
esutjss-245	536	5	and	and	CCONJ
esutjss-245	536	6	research	research	NOUN
esutjss-245	536	7	,	,	PUNCT
esutjss-245	536	8	9(1	9(1	NUM
esutjss-245	536	9	)	)	PUNCT
esutjss-245	536	10	,	,	PUNCT
esutjss-245	536	11	626	626	NUM
esutjss-245	536	12	-	-	SYM
esutjss-245	536	13	631	631	NUM
esutjss-245	536	14	.	.	PUNCT
esutjss-245	537	1	hameed	hameed	PROPN
esutjss-245	537	2	,	,	PUNCT
esutjss-245	537	3	r.	r.	PROPN
esutjss-245	537	4	a.	a.	PROPN
esutjss-245	537	5	,	,	PUNCT
esutjss-245	537	6	&	&	CCONJ
esutjss-245	537	7	tsoho	tsoho	NOUN
esutjss-245	537	8	,	,	PUNCT
esutjss-245	537	9	g.	g.	PROPN
esutjss-245	537	10	(	(	PUNCT
esutjss-245	537	11	2020	2020	NUM
esutjss-245	537	12	)	)	PUNCT
esutjss-245	537	13	.	.	PUNCT
esutjss-245	538	1	effects	effect	NOUN
esutjss-245	538	2	of	of	ADP
esutjss-245	538	3	financial	financial	ADJ
esutjss-245	538	4	performance	performance	NOUN
esutjss-245	538	5	and	and	CCONJ
esutjss-245	538	6	firm	firm	ADJ
esutjss-245	538	7	size	size	NOUN
esutjss-245	538	8	on	on	ADP
esutjss-245	538	9	firms	firm	NOUN
esutjss-245	538	10	’	'	PUNCT
esutjss-245	538	11	value	value	NOUN
esutjss-245	538	12	:	:	PUNCT
esutjss-245	538	13	empirical	empirical	ADJ
esutjss-245	538	14	study	study	NOUN
esutjss-245	538	15	of	of	ADP
esutjss-245	538	16	insurance	insurance	NOUN
esutjss-245	538	17	companies	company	NOUN
esutjss-245	538	18	in	in	ADP
esutjss-245	538	19	nigeria	nigeria	PROPN
esutjss-245	538	20	.	.	PUNCT
esutjss-245	539	1	gusau	gusau	PROPN
esutjss-245	539	2	international	international	PROPN
esutjss-245	539	3	journal	journal	PROPN
esutjss-245	539	4	of	of	ADP
esutjss-245	539	5	management	management	NOUN
esutjss-245	539	6	and	and	CCONJ
esutjss-245	539	7	social	social	ADJ
esutjss-245	539	8	sciences	science	NOUN
esutjss-245	539	9	,	,	PUNCT
esutjss-245	539	10	3(1	3(1	NUM
esutjss-245	539	11	)	)	PUNCT
esutjss-245	539	12	,	,	PUNCT
esutjss-245	539	13	17	17	NUM
esutjss-245	539	14	-	-	SYM
esutjss-245	539	15	17	17	NUM
esutjss-245	539	16	.	.	PUNCT
esutjss-245	540	1	handayani	handayani	PROPN
esutjss-245	540	2	,	,	PUNCT
esutjss-245	540	3	n.	n.	NOUN
esutjss-245	540	4	,	,	PUNCT
esutjss-245	540	5	&	&	CCONJ
esutjss-245	540	6	winarningsih	winarningsih	PROPN
esutjss-245	540	7	,	,	PUNCT
esutjss-245	540	8	s.	s.	PROPN
esutjss-245	540	9	(	(	PUNCT
esutjss-245	540	10	2020	2020	NUM
esutjss-245	540	11	)	)	PUNCT
esutjss-245	540	12	.	.	PUNCT
esutjss-245	541	1	the	the	DET
esutjss-245	541	2	effect	effect	NOUN
esutjss-245	541	3	of	of	ADP
esutjss-245	541	4	net	net	ADJ
esutjss-245	541	5	profit	profit	NOUN
esutjss-245	541	6	margin	margin	NOUN
esutjss-245	541	7	and	and	CCONJ
esutjss-245	541	8	return	return	VERB
esutjss-245	541	9	on	on	ADP
esutjss-245	541	10	equity	equity	NOUN
esutjss-245	541	11	toward	toward	ADP
esutjss-245	541	12	profit	profit	NOUN
esutjss-245	541	13	growth	growth	NOUN
esutjss-245	541	14	.	.	PUNCT
esutjss-245	542	1	moneter	moneter	NOUN
esutjss-245	542	2	-	-	PUNCT
esutjss-245	542	3	jurnalakuntansi	jurnalakuntansi	PROPN
esutjss-245	542	4	dan	dan	PROPN
esutjss-245	542	5	keuangan	keuangan	PROPN
esutjss-245	542	6	,	,	PUNCT
esutjss-245	542	7	7(2	7(2	NUM
esutjss-245	542	8	)	)	PUNCT
esutjss-245	542	9	,	,	PUNCT
esutjss-245	542	10	198	198	NUM
esutjss-245	542	11	-	-	SYM
esutjss-245	542	12	204	204	NUM
esutjss-245	542	13	.	.	PUNCT
esutjss-245	543	1	handoko	handoko	PROPN
esutjss-245	543	2	,	,	PUNCT
esutjss-245	543	3	p.	p.	NOUN
esutjss-245	543	4	(	(	PUNCT
esutjss-245	543	5	2017	2017	NUM
esutjss-245	543	6	)	)	PUNCT
esutjss-245	543	7	.	.	PUNCT
esutjss-245	544	1	the	the	DET
esutjss-245	544	2	influence	influence	NOUN
esutjss-245	544	3	of	of	ADP
esutjss-245	544	4	firm	firm	NOUN
esutjss-245	544	5	’s	’s	PART
esutjss-245	544	6	size	size	NOUN
esutjss-245	544	7	,	,	PUNCT
esutjss-245	544	8	growth	growth	NOUN
esutjss-245	544	9	,	,	PUNCT
esutjss-245	544	10	and	and	CCONJ
esutjss-245	544	11	profitability	profitability	NOUN
esutjss-245	544	12	on	on	ADP
esutjss-245	544	13	firm	firm	ADJ
esutjss-245	544	14	value	value	NOUN
esutjss-245	544	15	with	with	ADP
esutjss-245	544	16	capital	capital	NOUN
esutjss-245	544	17	structure	structure	NOUN
esutjss-245	544	18	as	as	ADP
esutjss-245	544	19	the	the	DET
esutjss-245	544	20	mediator	mediator	NOUN
esutjss-245	544	21	:	:	PUNCT
esutjss-245	544	22	a	a	DET
esutjss-245	544	23	study	study	NOUN
esutjss-245	544	24	on	on	ADP
esutjss-245	544	25	the	the	DET
esutjss-245	544	26	agricultural	agricultural	ADJ
esutjss-245	544	27	firms	firm	NOUN
esutjss-245	544	28	listed	list	VERB
esutjss-245	544	29	in	in	ADP
esutjss-245	544	30	the	the	DET
esutjss-245	544	31	indonesian	indonesian	ADJ
esutjss-245	544	32	stock	stock	PROPN
esutjss-245	544	33	exchange	exchange	PROPN
esutjss-245	544	34	.	.	PUNCT
esutjss-245	545	1	international	international	ADJ
esutjss-245	545	2	journal	journal	PROPN
esutjss-245	545	3	of	of	ADP
esutjss-245	545	4	economics	economic	NOUN
esutjss-245	545	5	and	and	CCONJ
esutjss-245	545	6	finance	finance	NOUN
esutjss-245	545	7	,	,	PUNCT
esutjss-245	545	8	9(8	9(8	NUM
esutjss-245	545	9	)	)	PUNCT
esutjss-245	545	10	,	,	PUNCT
esutjss-245	545	11	103110	103110	NUM
esutjss-245	545	12	.	.	PUNCT
esutjss-245	546	1	handoyo	handoyo	PROPN
esutjss-245	546	2	,	,	PUNCT
esutjss-245	546	3	s.	s.	PROPN
esutjss-245	546	4	,	,	PUNCT
esutjss-245	546	5	mulyani	mulyani	PROPN
esutjss-245	546	6	,	,	PUNCT
esutjss-245	546	7	s.	s.	PROPN
esutjss-245	546	8	,	,	PUNCT
esutjss-245	546	9	ghani	ghani	PROPN
esutjss-245	546	10	,	,	PUNCT
esutjss-245	546	11	e.	e.	PROPN
esutjss-245	546	12	k.	k.	PROPN
esutjss-245	546	13	,	,	PUNCT
esutjss-245	546	14	&	&	CCONJ
esutjss-245	546	15	soedarsono	soedarsono	PROPN
esutjss-245	546	16	,	,	PUNCT
esutjss-245	546	17	s.	s.	PROPN
esutjss-245	546	18	(	(	PUNCT
esutjss-245	546	19	2023	2023	NUM
esutjss-245	546	20	)	)	PUNCT
esutjss-245	546	21	.	.	PUNCT
esutjss-245	547	1	firm	firm	ADJ
esutjss-245	547	2	characteristics	characteristic	NOUN
esutjss-245	547	3	,	,	PUNCT
esutjss-245	547	4	business	business	NOUN
esutjss-245	547	5	environment	environment	NOUN
esutjss-245	547	6	,	,	PUNCT
esutjss-245	547	7	strategic	strategic	ADJ
esutjss-245	547	8	orientation	orientation	NOUN
esutjss-245	547	9	,	,	PUNCT
esutjss-245	547	10	and	and	CCONJ
esutjss-245	547	11	performance	performance	NOUN
esutjss-245	547	12	.	.	PUNCT
esutjss-245	548	1	administrative	administrative	ADJ
esutjss-245	548	2	sciences	sciences	PROPN
esutjss-245	548	3	,	,	PUNCT
esutjss-245	548	4	13(3	13(3	NUM
esutjss-245	548	5	)	)	PUNCT
esutjss-245	548	6	,	,	PUNCT
esutjss-245	548	7	74	74	NUM
esutjss-245	548	8	.	.	PUNCT
esutjss-245	548	9	https://doi.org/10.3390/admsci13030074	https://doi.org/10.3390/admsci13030074	PROPN
esutjss-245	548	10	hessayri	hessayri	PROPN
esutjss-245	548	11	,	,	PUNCT
esutjss-245	548	12	m.	m.	NOUN
esutjss-245	548	13	,	,	PUNCT
esutjss-245	548	14	&	&	CCONJ
esutjss-245	548	15	saihi	saihi	PROPN
esutjss-245	548	16	,	,	PUNCT
esutjss-245	548	17	m.	m.	NOUN
esutjss-245	548	18	(	(	PUNCT
esutjss-245	548	19	2017	2017	NUM
esutjss-245	548	20	)	)	PUNCT
esutjss-245	548	21	.	.	PUNCT
esutjss-245	549	1	what	what	PRON
esutjss-245	549	2	would	would	AUX
esutjss-245	549	3	influence	influence	VERB
esutjss-245	549	4	firm	firm	ADJ
esutjss-245	549	5	valuation	valuation	NOUN
esutjss-245	549	6	?	?	PUNCT
esutjss-245	550	1	financial	financial	ADJ
esutjss-245	550	2	reporting	reporting	NOUN
esutjss-245	550	3	and	and	CCONJ
esutjss-245	550	4	shareholder	shareholder	NOUN
esutjss-245	550	5	governance	governance	NOUN
esutjss-245	550	6	.	.	PUNCT
esutjss-245	551	1	international	international	ADJ
esutjss-245	551	2	journal	journal	PROPN
esutjss-245	551	3	of	of	ADP
esutjss-245	551	4	economics	economic	NOUN
esutjss-245	551	5	and	and	CCONJ
esutjss-245	551	6	financial	financial	ADJ
esutjss-245	551	7	issues	issue	NOUN
esutjss-245	551	8	,	,	PUNCT
esutjss-245	551	9	7(2	7(2	NUM
esutjss-245	551	10	)	)	PUNCT
esutjss-245	551	11	,	,	PUNCT
esutjss-245	551	12	292	292	NUM
esutjss-245	551	13	-	-	SYM
esutjss-245	551	14	300	300	NUM
esutjss-245	551	15	.	.	PUNCT
esutjss-245	552	1	hirdinis	hirdinis	NOUN
esutjss-245	552	2	,	,	PUNCT
esutjss-245	552	3	m.	m.	NOUN
esutjss-245	552	4	(	(	PUNCT
esutjss-245	552	5	2019	2019	NUM
esutjss-245	552	6	)	)	PUNCT
esutjss-245	552	7	.	.	PUNCT
esutjss-245	553	1	capital	capital	NOUN
esutjss-245	553	2	structure	structure	NOUN
esutjss-245	553	3	and	and	CCONJ
esutjss-245	553	4	firm	firm	ADJ
esutjss-245	553	5	size	size	NOUN
esutjss-245	553	6	on	on	ADP
esutjss-245	553	7	firm	firm	ADJ
esutjss-245	553	8	value	value	NOUN
esutjss-245	553	9	moderated	moderate	VERB
esutjss-245	553	10	by	by	ADP
esutjss-245	553	11	profitability	profitability	NOUN
esutjss-245	553	12	.	.	PUNCT
esutjss-245	554	1	international	international	ADJ
esutjss-245	554	2	journal	journal	PROPN
esutjss-245	554	3	of	of	ADP
esutjss-245	554	4	economics	economic	NOUN
esutjss-245	554	5	and	and	CCONJ
esutjss-245	554	6	business	business	NOUN
esutjss-245	554	7	administration	administration	NOUN
esutjss-245	554	8	,	,	PUNCT
esutjss-245	554	9	7(1	7(1	NUM
esutjss-245	554	10	)	)	PUNCT
esutjss-245	554	11	,	,	PUNCT
esutjss-245	554	12	174	174	NUM
esutjss-245	554	13	-	-	SYM
esutjss-245	554	14	191	191	NUM
esutjss-245	554	15	.	.	PUNCT
esutjss-245	555	1	https://doi.org/10.3390/admsci13030074	https://doi.org/10.3390/admsci13030074	PROPN
esutjss-245	555	2	592	592	NUM
esutjss-245	555	3	ibida	ibida	PROPN
esutjss-245	555	4	,	,	PUNCT
esutjss-245	555	5	n.	n.	PROPN
esutjss-245	555	6	j.	j.	PROPN
esutjss-245	555	7	,	,	PUNCT
esutjss-245	555	8	&	&	CCONJ
esutjss-245	555	9	emeka	emeka	PROPN
esutjss-245	555	10	-	-	PUNCT
esutjss-245	555	11	nwokeji	nwokeji	PROPN
esutjss-245	555	12	,	,	PUNCT
esutjss-245	555	13	n.	n.	NOUN
esutjss-245	555	14	a.	a.	PROPN
esutjss-245	556	1	(	(	PUNCT
esutjss-245	556	2	2019).effect	2019).effect	NUM
esutjss-245	556	3	of	of	ADP
esutjss-245	556	4	corporate	corporate	ADJ
esutjss-245	556	5	social	social	ADJ
esutjss-245	556	6	responsibility	responsibility	NOUN
esutjss-245	556	7	(	(	PUNCT
esutjss-245	556	8	csr	csr	NOUN
esutjss-245	556	9	)	)	PUNCT
esutjss-245	556	10	on	on	ADP
esutjss-245	556	11	financial	financial	ADJ
esutjss-245	556	12	performance	performance	NOUN
esutjss-245	556	13	of	of	ADP
esutjss-245	556	14	oil	oil	NOUN
esutjss-245	556	15	and	and	CCONJ
esutjss-245	556	16	gas	gas	NOUN
esutjss-245	556	17	companies	company	NOUN
esutjss-245	556	18	in	in	ADP
esutjss-245	556	19	nigeria	nigeria	PROPN
esutjss-245	556	20	.	.	PUNCT
esutjss-245	557	1	journal	journal	PROPN
esutjss-245	557	2	of	of	ADP
esutjss-245	557	3	accounting	accounting	NOUN
esutjss-245	557	4	,	,	PUNCT
esutjss-245	557	5	business	business	NOUN
esutjss-245	557	6	and	and	CCONJ
esutjss-245	557	7	social	social	ADJ
esutjss-245	557	8	sciences	science	NOUN
esutjss-245	557	9	,	,	PUNCT
esutjss-245	557	10	2(1	2(1	NUM
esutjss-245	557	11	)	)	PUNCT
esutjss-245	557	12	,	,	PUNCT
esutjss-245	557	13	56	56	NUM
esutjss-245	557	14	-	-	SYM
esutjss-245	557	15	69	69	NUM
esutjss-245	557	16	,	,	PUNCT
esutjss-245	557	17	ibrahim	ibrahim	PROPN
esutjss-245	557	18	,	,	PUNCT
esutjss-245	557	19	m.	m.	NOUN
esutjss-245	557	20	(	(	PUNCT
esutjss-245	557	21	2017	2017	NUM
esutjss-245	557	22	)	)	PUNCT
esutjss-245	557	23	.	.	PUNCT
esutjss-245	558	1	capital	capital	NOUN
esutjss-245	558	2	structure	structure	NOUN
esutjss-245	558	3	and	and	CCONJ
esutjss-245	558	4	firm	firm	ADJ
esutjss-245	558	5	value	value	NOUN
esutjss-245	558	6	in	in	ADP
esutjss-245	558	7	nigerian	nigerian	ADJ
esutjss-245	558	8	listed	list	VERB
esutjss-245	558	9	manufacturing	manufacture	VERB
esutjss-245	558	10	companies	company	NOUN
esutjss-245	558	11	:	:	PUNCT
esutjss-245	558	12	an	an	DET
esutjss-245	558	13	empirical	empirical	ADJ
esutjss-245	558	14	investigation	investigation	NOUN
esutjss-245	558	15	using	use	VERB
esutjss-245	558	16	tobin	tobin	PROPN
esutjss-245	558	17	’s	’s	PART
esutjss-245	558	18	q	q	PROPN
esutjss-245	558	19	model	model	NOUN
esutjss-245	558	20	.	.	PUNCT
esutjss-245	559	1	international	international	ADJ
esutjss-245	559	2	journal	journal	NOUN
esutjss-245	559	3	of	of	ADP
esutjss-245	559	4	innovative	innovative	ADJ
esutjss-245	559	5	research	research	NOUN
esutjss-245	559	6	in	in	ADP
esutjss-245	559	7	social	social	ADJ
esutjss-245	559	8	sciences	sciences	PROPN
esutjss-245	559	9	&	&	CCONJ
esutjss-245	559	10	strategic	strategic	ADJ
esutjss-245	559	11	management	management	NOUN
esutjss-245	559	12	techniques	technique	NOUN
esutjss-245	559	13	,	,	PUNCT
esutjss-245	559	14	4(2	4(2	NUM
esutjss-245	559	15	)	)	PUNCT
esutjss-245	559	16	,	,	PUNCT
esutjss-245	559	17	112	112	NUM
esutjss-245	559	18	-	-	SYM
esutjss-245	559	19	125	125	NUM
esutjss-245	559	20	.	.	PUNCT
esutjss-245	560	1	irom	irom	ADJ
esutjss-245	560	2	,	,	PUNCT
esutjss-245	560	3	m.	m.	NOUN
esutjss-245	560	4	i.	i.	PROPN
esutjss-245	560	5	,	,	PUNCT
esutjss-245	560	6	okpanachi	okpanachi	ADV
esutjss-245	560	7	,	,	PUNCT
esutjss-245	560	8	j.	j.	PROPN
esutjss-245	560	9	,	,	PUNCT
esutjss-245	560	10	ahmed	ahmed	PROPN
esutjss-245	560	11	,	,	PUNCT
esutjss-245	560	12	n.	n.	PROPN
esutjss-245	560	13	&	&	CCONJ
esutjss-245	560	14	tope	tope	PROPN
esutjss-245	560	15	,	,	PUNCT
esutjss-245	560	16	e.	e.	PROPN
esutjss-245	560	17	a.	a.	PROPN
esutjss-245	560	18	(	(	PUNCT
esutjss-245	560	19	2018	2018	NUM
esutjss-245	560	20	)	)	PUNCT
esutjss-245	560	21	.	.	PUNCT
esutjss-245	561	1	effect	effect	NOUN
esutjss-245	561	2	of	of	ADP
esutjss-245	561	3	firm	firm	ADJ
esutjss-245	561	4	attributes	attribute	VERB
esutjss-245	561	5	on	on	ADP
esutjss-245	561	6	return	return	NOUN
esutjss-245	561	7	on	on	ADP
esutjss-245	561	8	asset	asset	NOUN
esutjss-245	561	9	of	of	ADP
esutjss-245	561	10	listed	list	VERB
esutjss-245	561	11	manufacturing	manufacturing	NOUN
esutjss-245	561	12	companies	company	NOUN
esutjss-245	561	13	in	in	ADP
esutjss-245	561	14	nigeria	nigeria	PROPN
esutjss-245	561	15	.	.	PUNCT
esutjss-245	562	1	journal	journal	PROPN
esutjss-245	562	2	of	of	ADP
esutjss-245	562	3	accounting	accounting	NOUN
esutjss-245	562	4	,	,	PUNCT
esutjss-245	562	5	finance	finance	NOUN
esutjss-245	562	6	and	and	CCONJ
esutjss-245	562	7	auditing	auditing	NOUN
esutjss-245	562	8	studies	study	NOUN
esutjss-245	562	9	,	,	PUNCT
esutjss-245	562	10	4(3	4(3	NUM
esutjss-245	562	11	)	)	PUNCT
esutjss-245	562	12	,	,	PUNCT
esutjss-245	562	13	223	223	NUM
esutjss-245	562	14	-	-	SYM
esutjss-245	562	15	240	240	NUM
esutjss-245	562	16	.	.	PUNCT
esutjss-245	563	1	jeroh	jeroh	PROPN
esutjss-245	563	2	,	,	PUNCT
esutjss-245	563	3	e.	e.	PROPN
esutjss-245	563	4	(	(	PUNCT
esutjss-245	563	5	2020	2020	NUM
esutjss-245	563	6	)	)	PUNCT
esutjss-245	563	7	.	.	PUNCT
esutjss-245	564	1	corporate	corporate	ADJ
esutjss-245	564	2	financial	financial	ADJ
esutjss-245	564	3	attributes	attribute	NOUN
esutjss-245	564	4	and	and	CCONJ
esutjss-245	564	5	the	the	DET
esutjss-245	564	6	value	value	NOUN
esutjss-245	564	7	of	of	ADP
esutjss-245	564	8	listed	list	VERB
esutjss-245	564	9	financial	financial	ADJ
esutjss-245	564	10	service	service	NOUN
esutjss-245	564	11	firms	firm	NOUN
esutjss-245	564	12	:	:	PUNCT
esutjss-245	564	13	the	the	DET
esutjss-245	564	14	nigerian	nigerian	ADJ
esutjss-245	564	15	evidence	evidence	NOUN
esutjss-245	564	16	.	.	PUNCT
esutjss-245	565	1	academy	academy	NOUN
esutjss-245	565	2	of	of	ADP
esutjss-245	565	3	accounting	accounting	PROPN
esutjss-245	565	4	and	and	CCONJ
esutjss-245	565	5	financial	financial	ADJ
esutjss-245	565	6	studies	study	NOUN
esutjss-245	565	7	journal	journal	NOUN
esutjss-245	565	8	,	,	PUNCT
esutjss-245	565	9	24(2	24(2	NUM
esutjss-245	565	10	)	)	PUNCT
esutjss-245	565	11	,	,	PUNCT
esutjss-245	565	12	1	1	NUM
esutjss-245	565	13	-	-	SYM
esutjss-245	565	14	13	13	NUM
esutjss-245	565	15	.	.	PUNCT
esutjss-245	566	1	jihadi	jihadi	NOUN
esutjss-245	566	2	,	,	PUNCT
esutjss-245	566	3	m.	m.	NOUN
esutjss-245	566	4	,	,	PUNCT
esutjss-245	566	5	vilantika	vilantika	PROPN
esutjss-245	566	6	,	,	PUNCT
esutjss-245	566	7	e.	e.	PROPN
esutjss-245	566	8	,	,	PUNCT
esutjss-245	566	9	hashemi	hashemi	PROPN
esutjss-245	566	10	,	,	PUNCT
esutjss-245	566	11	s.	s.	PROPN
esutjss-245	566	12	m.	m.	PROPN
esutjss-245	566	13	,	,	PUNCT
esutjss-245	566	14	arifin	arifin	PROPN
esutjss-245	566	15	,	,	PUNCT
esutjss-245	566	16	z.	z.	PROPN
esutjss-245	566	17	,	,	PUNCT
esutjss-245	566	18	bachtiar	bachtiar	PROPN
esutjss-245	566	19	,	,	PUNCT
esutjss-245	566	20	y.	y.	PROPN
esutjss-245	566	21	,	,	PUNCT
esutjss-245	566	22	&	&	CCONJ
esutjss-245	566	23	sholichah	sholichah	PROPN
esutjss-245	566	24	,	,	PUNCT
esutjss-245	566	25	f.	f.	PROPN
esutjss-245	566	26	(	(	PUNCT
esutjss-245	566	27	2021	2021	NUM
esutjss-245	566	28	)	)	PUNCT
esutjss-245	566	29	.	.	PUNCT
esutjss-245	567	1	the	the	DET
esutjss-245	567	2	effect	effect	NOUN
esutjss-245	567	3	of	of	ADP
esutjss-245	567	4	liquidity	liquidity	NOUN
esutjss-245	567	5	,	,	PUNCT
esutjss-245	567	6	leverage	leverage	NOUN
esutjss-245	567	7	,	,	PUNCT
esutjss-245	567	8	and	and	CCONJ
esutjss-245	567	9	profitability	profitability	NOUN
esutjss-245	567	10	on	on	ADP
esutjss-245	567	11	firm	firm	ADJ
esutjss-245	567	12	value	value	NOUN
esutjss-245	567	13	:	:	PUNCT
esutjss-245	567	14	empirical	empirical	ADJ
esutjss-245	567	15	evidence	evidence	NOUN
esutjss-245	567	16	from	from	ADP
esutjss-245	567	17	indonesia	indonesia	PROPN
esutjss-245	567	18	.	.	PUNCT
esutjss-245	568	1	the	the	DET
esutjss-245	568	2	journal	journal	NOUN
esutjss-245	568	3	of	of	ADP
esutjss-245	568	4	asian	asian	ADJ
esutjss-245	568	5	finance	finance	NOUN
esutjss-245	568	6	,	,	PUNCT
esutjss-245	568	7	economics	economic	NOUN
esutjss-245	568	8	and	and	CCONJ
esutjss-245	568	9	business	business	NOUN
esutjss-245	568	10	,	,	PUNCT
esutjss-245	568	11	8(3	8(3	NUM
esutjss-245	568	12	)	)	PUNCT
esutjss-245	568	13	,	,	PUNCT
esutjss-245	568	14	423	423	NUM
esutjss-245	568	15	-	-	SYM
esutjss-245	568	16	431	431	NUM
esutjss-245	568	17	.	.	PUNCT
esutjss-245	569	1	jofre	jofre	PROPN
esutjss-245	569	2	,	,	PUNCT
esutjss-245	569	3	m.	m.	NOUN
esutjss-245	569	4	,	,	PUNCT
esutjss-245	569	5	&	&	CCONJ
esutjss-245	569	6	gerlach	gerlach	PROPN
esutjss-245	569	7	,	,	PUNCT
esutjss-245	569	8	r.	r.	PROPN
esutjss-245	569	9	(	(	PUNCT
esutjss-245	569	10	2018	2018	NUM
esutjss-245	569	11	)	)	PUNCT
esutjss-245	569	12	.	.	PUNCT
esutjss-245	570	1	fighting	fight	VERB
esutjss-245	570	2	accounting	accounting	NOUN
esutjss-245	570	3	fraud	fraud	NOUN
esutjss-245	570	4	through	through	ADP
esutjss-245	570	5	forensic	forensic	ADJ
esutjss-245	570	6	data	datum	NOUN
esutjss-245	570	7	analytics	analytic	NOUN
esutjss-245	570	8	.	.	PUNCT
esutjss-245	571	1	arxiv	arxiv	PROPN
esutjss-245	571	2	preprint	preprint	VERB
esutjss-245	571	3	arxiv:1805.02840	arxiv:1805.02840	PROPN
esutjss-245	571	4	.	.	PUNCT
esutjss-245	572	1	jubaedah	jubaedah	PROPN
esutjss-245	572	2	,	,	PUNCT
esutjss-245	572	3	j.	j.	PROPN
esutjss-245	572	4	,	,	PUNCT
esutjss-245	572	5	yulivan	yulivan	NOUN
esutjss-245	572	6	,	,	PUNCT
esutjss-245	572	7	i.	i.	NOUN
esutjss-245	572	8	,	,	PUNCT
esutjss-245	572	9	&	&	CCONJ
esutjss-245	572	10	hadi	hadi	PROPN
esutjss-245	572	11	,	,	PUNCT
esutjss-245	572	12	a.	a.	PROPN
esutjss-245	572	13	r.	r.	PROPN
esutjss-245	572	14	a.	a.	PROPN
esutjss-245	572	15	(	(	PUNCT
esutjss-245	572	16	2016	2016	NUM
esutjss-245	572	17	)	)	PUNCT
esutjss-245	572	18	.	.	PUNCT
esutjss-245	573	1	the	the	DET
esutjss-245	573	2	influence	influence	NOUN
esutjss-245	573	3	of	of	ADP
esutjss-245	573	4	financial	financial	ADJ
esutjss-245	573	5	performance	performance	NOUN
esutjss-245	573	6	,	,	PUNCT
esutjss-245	573	7	capital	capital	NOUN
esutjss-245	573	8	structure	structure	NOUN
esutjss-245	573	9	and	and	CCONJ
esutjss-245	573	10	macroeconomic	macroeconomic	ADJ
esutjss-245	573	11	factors	factor	NOUN
esutjss-245	573	12	on	on	ADP
esutjss-245	573	13	firm	firm	NOUN
esutjss-245	573	14	’s	’s	PART
esutjss-245	573	15	value	value	NOUN
esutjss-245	573	16	–	–	PUNCT
esutjss-245	573	17	evidence	evidence	NOUN
esutjss-245	573	18	from	from	ADP
esutjss-245	573	19	textile	textile	NOUN
esutjss-245	573	20	companies	company	NOUN
esutjss-245	573	21	at	at	ADP
esutjss-245	573	22	indonesia	indonesia	PROPN
esutjss-245	573	23	stock	stock	PROPN
esutjss-245	573	24	exchange	exchange	PROPN
esutjss-245	573	25	.	.	PUNCT
esutjss-245	574	1	applied	apply	VERB
esutjss-245	574	2	finance	finance	NOUN
esutjss-245	574	3	and	and	CCONJ
esutjss-245	574	4	accounting	accounting	NOUN
esutjss-245	574	5	,	,	PUNCT
esutjss-245	574	6	2(2	2(2	NUM
esutjss-245	574	7	)	)	PUNCT
esutjss-245	574	8	,	,	PUNCT
esutjss-245	574	9	18	18	NUM
esutjss-245	574	10	-	-	SYM
esutjss-245	574	11	29	29	NUM
esutjss-245	574	12	.	.	PUNCT
esutjss-245	575	1	kangea	kangea	ADV
esutjss-245	575	2	,	,	PUNCT
esutjss-245	575	3	s.	s.	PROPN
esutjss-245	575	4	t.	t.	PROPN
esutjss-245	575	5	,	,	PUNCT
esutjss-245	575	6	nasieku	nasieku	PROPN
esutjss-245	575	7	,	,	PUNCT
esutjss-245	575	8	t.	t.	PROPN
esutjss-245	575	9	,	,	PUNCT
esutjss-245	575	10	&	&	CCONJ
esutjss-245	575	11	muturi	muturi	NOUN
esutjss-245	575	12	,	,	PUNCT
esutjss-245	575	13	w.	w.	NOUN
esutjss-245	575	14	(	(	PUNCT
esutjss-245	575	15	2022	2022	NUM
esutjss-245	575	16	)	)	PUNCT
esutjss-245	575	17	.	.	PUNCT
esutjss-245	576	1	effect	effect	NOUN
esutjss-245	576	2	of	of	ADP
esutjss-245	576	3	board	board	NOUN
esutjss-245	576	4	size	size	NOUN
esutjss-245	576	5	on	on	ADP
esutjss-245	576	6	earnings	earning	NOUN
esutjss-245	576	7	quality	quality	NOUN
esutjss-245	576	8	of	of	ADP
esutjss-245	576	9	nonfinancial	nonfinancial	ADJ
esutjss-245	576	10	firms	firm	NOUN
esutjss-245	576	11	listed	list	VERB
esutjss-245	576	12	at	at	ADP
esutjss-245	576	13	the	the	DET
esutjss-245	576	14	nairobi	nairobi	PROPN
esutjss-245	576	15	securities	securities	PROPN
esutjss-245	576	16	exchange	exchange	PROPN
esutjss-245	576	17	.	.	PUNCT
esutjss-245	577	1	finance	finance	PROPN
esutjss-245	577	2	&	&	CCONJ
esutjss-245	577	3	economics	economics	PROPN
esutjss-245	577	4	review	review	PROPN
esutjss-245	577	5	,	,	PUNCT
esutjss-245	577	6	4(1	4(1	NOUN
esutjss-245	577	7	)	)	PUNCT
esutjss-245	577	8	,	,	PUNCT
esutjss-245	577	9	41	41	NUM
esutjss-245	577	10	-	-	SYM
esutjss-245	577	11	54	54	NUM
esutjss-245	577	12	.	.	PUNCT
esutjss-245	578	1	kodongo	kodongo	PROPN
esutjss-245	578	2	,	,	PUNCT
esutjss-245	578	3	o.	o.	PROPN
esutjss-245	578	4	,	,	PUNCT
esutjss-245	578	5	mokoaleli	mokoaleli	ADJ
esutjss-245	578	6	-	-	PUNCT
esutjss-245	578	7	mokoteli	mokoteli	NOUN
esutjss-245	578	8	,	,	PUNCT
esutjss-245	578	9	t.	t.	PROPN
esutjss-245	578	10	,	,	PUNCT
esutjss-245	578	11	&	&	CCONJ
esutjss-245	578	12	maina	maina	PROPN
esutjss-245	578	13	,	,	PUNCT
esutjss-245	578	14	l.	l.	PROPN
esutjss-245	578	15	n.	n.	PROPN
esutjss-245	578	16	(	(	PUNCT
esutjss-245	578	17	2015	2015	NUM
esutjss-245	578	18	)	)	PUNCT
esutjss-245	578	19	.	.	PUNCT
esutjss-245	579	1	capital	capital	NOUN
esutjss-245	579	2	structure	structure	NOUN
esutjss-245	579	3	,	,	PUNCT
esutjss-245	579	4	profitability	profitability	NOUN
esutjss-245	579	5	and	and	CCONJ
esutjss-245	579	6	firm	firm	ADJ
esutjss-245	579	7	value	value	NOUN
esutjss-245	579	8	:	:	PUNCT
esutjss-245	579	9	panel	panel	NOUN
esutjss-245	579	10	evidence	evidence	NOUN
esutjss-245	579	11	of	of	ADP
esutjss-245	579	12	listed	list	VERB
esutjss-245	579	13	firms	firm	NOUN
esutjss-245	579	14	in	in	ADP
esutjss-245	579	15	kenya	kenya	PROPN
esutjss-245	579	16	.	.	PUNCT
esutjss-245	580	1	african	african	ADJ
esutjss-245	580	2	finance	finance	PROPN
esutjss-245	580	3	journal	journal	NOUN
esutjss-245	580	4	,	,	PUNCT
esutjss-245	580	5	17(1	17(1	NUM
esutjss-245	580	6	)	)	PUNCT
esutjss-245	580	7	,	,	PUNCT
esutjss-245	580	8	1	1	NUM
esutjss-245	580	9	-	-	SYM
esutjss-245	580	10	20	20	NUM
esutjss-245	580	11	.	.	PUNCT
esutjss-245	581	1	krisztina	krisztina	PROPN
esutjss-245	581	2	,	,	PUNCT
esutjss-245	581	3	s.	s.	PROPN
esutjss-245	581	4	,	,	PUNCT
esutjss-245	581	5	yahya	yahya	PROPN
esutjss-245	581	6	,	,	PUNCT
esutjss-245	581	7	k.	k.	PROPN
esutjss-245	581	8	&	&	CCONJ
esutjss-245	581	9	lentner	lentner	PROPN
esutjss-245	581	10	,	,	PUNCT
esutjss-245	581	11	c.	c.	PROPN
esutjss-245	581	12	(	(	PUNCT
esutjss-245	581	13	2020	2020	NUM
esutjss-245	581	14	)	)	PUNCT
esutjss-245	581	15	.	.	PUNCT
esutjss-245	582	1	corporate	corporate	ADJ
esutjss-245	582	2	social	social	ADJ
esutjss-245	582	3	responsibility	responsibility	NOUN
esutjss-245	582	4	and	and	CCONJ
esutjss-245	582	5	financial	financial	ADJ
esutjss-245	582	6	performance	performance	NOUN
esutjss-245	582	7	:	:	PUNCT
esutjss-245	582	8	evidence	evidence	NOUN
esutjss-245	582	9	from	from	ADP
esutjss-245	582	10	pakistani	pakistani	ADJ
esutjss-245	582	11	listed	list	VERB
esutjss-245	582	12	banks	bank	NOUN
esutjss-245	582	13	.	.	PUNCT
esutjss-245	583	1	journal	journal	PROPN
esutjss-245	583	2	of	of	ADP
esutjss-245	583	3	sustainability	sustainability	NOUN
esutjss-245	583	4	,	,	PUNCT
esutjss-245	583	5	12	12	NUM
esutjss-245	583	6	,	,	PUNCT
esutjss-245	583	7	4080	4080	NUM
esutjss-245	583	8	,	,	PUNCT
esutjss-245	583	9	1	1	NUM
esutjss-245	583	10	-	-	SYM
esutjss-245	583	11	18	18	NUM
esutjss-245	583	12	.	.	PUNCT
esutjss-245	584	1	kumar	kumar	PROPN
esutjss-245	584	2	,	,	PUNCT
esutjss-245	584	3	b.	b.	PROPN
esutjss-245	584	4	r.	r.	PROPN
esutjss-245	584	5	(	(	PUNCT
esutjss-245	584	6	2015	2015	NUM
esutjss-245	584	7	)	)	PUNCT
esutjss-245	584	8	.	.	PUNCT
esutjss-245	585	1	determinants	determinant	NOUN
esutjss-245	585	2	of	of	ADP
esutjss-245	585	3	value	value	NOUN
esutjss-245	585	4	creation	creation	NOUN
esutjss-245	585	5	:	:	PUNCT
esutjss-245	585	6	an	an	DET
esutjss-245	585	7	empirical	empirical	ADJ
esutjss-245	585	8	examination	examination	NOUN
esutjss-245	585	9	from	from	ADP
esutjss-245	585	10	uae	uae	PROPN
esutjss-245	585	11	market	market	NOUN
esutjss-245	585	12	.	.	PUNCT
esutjss-245	586	1	international	international	ADJ
esutjss-245	586	2	journal	journal	PROPN
esutjss-245	586	3	of	of	ADP
esutjss-245	586	4	economics	economic	NOUN
esutjss-245	586	5	and	and	CCONJ
esutjss-245	586	6	financial	financial	ADJ
esutjss-245	586	7	issues	issue	NOUN
esutjss-245	586	8	,	,	PUNCT
esutjss-245	586	9	5(1	5(1	NUM
esutjss-245	586	10	)	)	PUNCT
esutjss-245	586	11	,	,	PUNCT
esutjss-245	586	12	75	75	NUM
esutjss-245	586	13	-	-	SYM
esutjss-245	586	14	85	85	NUM
esutjss-245	586	15	.	.	PUNCT
esutjss-245	587	1	kumar	kumar	PROPN
esutjss-245	587	2	,	,	PUNCT
esutjss-245	587	3	r.	r.	PROPN
esutjss-245	587	4	b.	b.	PROPN
esutjss-245	587	5	(	(	PUNCT
esutjss-245	587	6	2015	2015	NUM
esutjss-245	587	7	)	)	PUNCT
esutjss-245	587	8	.	.	PUNCT
esutjss-245	588	1	determinants	determinant	NOUN
esutjss-245	588	2	of	of	ADP
esutjss-245	588	3	value	value	NOUN
esutjss-245	588	4	creation	creation	NOUN
esutjss-245	588	5	of	of	ADP
esutjss-245	588	6	gcc	gcc	NOUN
esutjss-245	588	7	firms	firm	NOUN
esutjss-245	588	8	-	-	PUNCT
esutjss-245	588	9	an	an	DET
esutjss-245	588	10	application	application	NOUN
esutjss-245	588	11	of	of	ADP
esutjss-245	588	12	pls	pls	PROPN
esutjss-245	588	13	sem	sem	PROPN
esutjss-245	588	14	model	model	PROPN
esutjss-245	588	15	.	.	PUNCT
esutjss-245	589	1	asian	asian	ADJ
esutjss-245	589	2	journal	journal	PROPN
esutjss-245	589	3	of	of	ADP
esutjss-245	589	4	finance	finance	PROPN
esutjss-245	589	5	&	&	CCONJ
esutjss-245	589	6	accounting	accounting	PROPN
esutjss-245	589	7	,	,	PUNCT
esutjss-245	589	8	7(1	7(1	NUM
esutjss-245	589	9	)	)	PUNCT
esutjss-245	589	10	,	,	PUNCT
esutjss-245	589	11	76	76	NUM
esutjss-245	589	12	-	-	SYM
esutjss-245	589	13	95	95	NUM
esutjss-245	589	14	.	.	PUNCT
esutjss-245	590	1	kumar	kumar	PROPN
esutjss-245	590	2	,	,	PUNCT
esutjss-245	590	3	r.	r.	PROPN
esutjss-245	590	4	,	,	PUNCT
esutjss-245	590	5	&	&	CCONJ
esutjss-245	590	6	sukumaran	sukumaran	PROPN
esutjss-245	590	7	,	,	PUNCT
esutjss-245	590	8	s.	s.	PROPN
esutjss-245	590	9	(	(	PUNCT
esutjss-245	590	10	2019	2019	NUM
esutjss-245	590	11	)	)	PUNCT
esutjss-245	590	12	.	.	PUNCT
esutjss-245	591	1	determinants	determinant	NOUN
esutjss-245	591	2	of	of	ADP
esutjss-245	591	3	value	value	NOUN
esutjss-245	591	4	creation	creation	NOUN
esutjss-245	591	5	in	in	ADP
esutjss-245	591	6	emerging	emerge	VERB
esutjss-245	591	7	market	market	NOUN
esutjss-245	591	8	firms¨	firms¨	VERB
esutjss-245	591	9	c¨	c¨	PROPN
esutjss-245	591	10	c	c	VERB
esutjss-245	591	11	an	an	DET
esutjss-245	591	12	empirical	empirical	ADJ
esutjss-245	591	13	examination	examination	NOUN
esutjss-245	591	14	.	.	PUNCT
esutjss-245	592	1	review	review	NOUN
esutjss-245	592	2	of	of	ADP
esutjss-245	592	3	economics	economics	PROPN
esutjss-245	592	4	&	&	CCONJ
esutjss-245	592	5	finance	finance	PROPN
esutjss-245	592	6	,	,	PUNCT
esutjss-245	592	7	17	17	NUM
esutjss-245	592	8	,	,	PUNCT
esutjss-245	592	9	79	79	NUM
esutjss-245	592	10	-	-	SYM
esutjss-245	592	11	92	92	NUM
esutjss-245	592	12	.	.	PUNCT
esutjss-245	593	1	kusmayadi	kusmayadi	NOUN
esutjss-245	593	2	,	,	PUNCT
esutjss-245	593	3	d.	d.	PROPN
esutjss-245	593	4	,	,	PUNCT
esutjss-245	593	5	rahman	rahman	PROPN
esutjss-245	593	6	,	,	PUNCT
esutjss-245	593	7	r.	r.	PROPN
esutjss-245	593	8	,	,	PUNCT
esutjss-245	593	9	&	&	CCONJ
esutjss-245	593	10	abdullah	abdullah	PROPN
esutjss-245	593	11	,	,	PUNCT
esutjss-245	593	12	y.	y.	PROPN
esutjss-245	593	13	(	(	PUNCT
esutjss-245	593	14	2018	2018	NUM
esutjss-245	593	15	)	)	PUNCT
esutjss-245	593	16	.	.	PUNCT
esutjss-245	594	1	analysis	analysis	NOUN
esutjss-245	594	2	of	of	ADP
esutjss-245	594	3	the	the	DET
esutjss-245	594	4	effect	effect	NOUN
esutjss-245	594	5	of	of	ADP
esutjss-245	594	6	net	net	ADJ
esutjss-245	594	7	profit	profit	NOUN
esutjss-245	594	8	margin	margin	NOUN
esutjss-245	594	9	,	,	PUNCT
esutjss-245	594	10	price	price	NOUN
esutjss-245	594	11	to	to	ADP
esutjss-245	594	12	book	book	NOUN
esutjss-245	594	13	value	value	NOUN
esutjss-245	594	14	,	,	PUNCT
esutjss-245	594	15	and	and	CCONJ
esutjss-245	594	16	debt	debt	NOUN
esutjss-245	594	17	to	to	ADP
esutjss-245	594	18	equity	equity	NOUN
esutjss-245	594	19	ratio	ratio	NOUN
esutjss-245	594	20	on	on	ADP
esutjss-245	594	21	stock	stock	NOUN
esutjss-245	594	22	return	return	NOUN
esutjss-245	594	23	.	.	PUNCT
esutjss-245	595	1	international	international	ADJ
esutjss-245	595	2	journal	journal	NOUN
esutjss-245	595	3	of	of	ADP
esutjss-245	595	4	recent	recent	ADJ
esutjss-245	595	5	scientific	scientific	ADJ
esutjss-245	595	6	research	research	NOUN
esutjss-245	595	7	,	,	PUNCT
esutjss-245	595	8	9(7	9(7	NUM
esutjss-245	595	9	)	)	PUNCT
esutjss-245	595	10	,	,	PUNCT
esutjss-245	595	11	28091	28091	NUM
esutjss-245	595	12	-	-	SYM
esutjss-245	595	13	28095	28095	NUM
esutjss-245	595	14	.	.	PUNCT
esutjss-245	596	1	kusz	kusz	PROPN
esutjss-245	596	2	,	,	PUNCT
esutjss-245	596	3	d.	d.	PROPN
esutjss-245	596	4	,	,	PUNCT
esutjss-245	596	5	bąk	bąk	PROPN
esutjss-245	596	6	,	,	PUNCT
esutjss-245	596	7	i.	i.	PROPN
esutjss-245	596	8	,	,	PUNCT
esutjss-245	596	9	szczecińska	szczecińska	PROPN
esutjss-245	596	10	,	,	PUNCT
esutjss-245	596	11	b.	b.	PROPN
esutjss-245	596	12	,	,	PUNCT
esutjss-245	596	13	wicki	wicki	PROPN
esutjss-245	596	14	,	,	PUNCT
esutjss-245	596	15	l.	l.	PROPN
esutjss-245	596	16	,	,	PUNCT
esutjss-245	596	17	&	&	CCONJ
esutjss-245	596	18	kusz	kusz	PROPN
esutjss-245	596	19	,	,	PUNCT
esutjss-245	596	20	b.	b.	PROPN
esutjss-245	596	21	(	(	PUNCT
esutjss-245	596	22	2022	2022	NUM
esutjss-245	596	23	)	)	PUNCT
esutjss-245	596	24	.	.	PUNCT
esutjss-245	597	1	determinants	determinant	NOUN
esutjss-245	597	2	of	of	ADP
esutjss-245	597	3	return	return	NOUN
esutjss-245	597	4	-	-	PUNCT
esutjss-245	597	5	on	on	ADP
esutjss-245	597	6	-	-	PUNCT
esutjss-245	597	7	equity	equity	NOUN
esutjss-245	597	8	(	(	PUNCT
esutjss-245	597	9	roe	roe	NOUN
esutjss-245	597	10	)	)	PUNCT
esutjss-245	597	11	of	of	ADP
esutjss-245	597	12	biogas	biogas	NOUN
esutjss-245	597	13	plants	plant	NOUN
esutjss-245	597	14	operating	operate	VERB
esutjss-245	597	15	in	in	ADP
esutjss-245	597	16	poland	poland	PROPN
esutjss-245	597	17	.	.	PUNCT
esutjss-245	598	1	energies	energy	NOUN
esutjss-245	598	2	,	,	PUNCT
esutjss-245	598	3	16(1	16(1	NUM
esutjss-245	598	4	)	)	PUNCT
esutjss-245	598	5	,	,	PUNCT
esutjss-245	598	6	31	31	NUM
esutjss-245	598	7	.	.	PUNCT
esutjss-245	598	8	593	593	NUM
esutjss-245	598	9	liu	liu	PROPN
esutjss-245	598	10	,	,	PUNCT
esutjss-245	598	11	w.	w.	PROPN
esutjss-245	598	12	,	,	PUNCT
esutjss-245	598	13	zhen	zhen	PROPN
esutjss-245	598	14	,	,	PUNCT
esutjss-245	598	15	s.	s.	PROPN
esutjss-245	598	16	,	,	PUNCT
esutjss-245	598	17	changhui	changhui	PROPN
esutjss-245	598	18	,	,	PUNCT
esutjss-245	598	19	y.	y.	PROPN
esutjss-245	598	20	,	,	PUNCT
esutjss-245	598	21	tao	tao	PROPN
esutjss-245	598	22	,	,	PUNCT
esutjss-245	598	23	d.	d.	PROPN
esutjss-245	598	24	&	&	CCONJ
esutjss-245	598	25	zhang	zhang	PROPN
esutjss-245	598	26	,	,	PUNCT
esutjss-245	598	27	w.	w.	PROPN
esutjss-245	598	28	(	(	PUNCT
esutjss-245	598	29	2020	2020	NUM
esutjss-245	598	30	)	)	PUNCT
esutjss-245	598	31	.	.	PUNCT
esutjss-245	599	1	the	the	DET
esutjss-245	599	2	impact	impact	NOUN
esutjss-245	599	3	of	of	ADP
esutjss-245	599	4	csr	csr	NOUN
esutjss-245	599	5	and	and	CCONJ
esutjss-245	599	6	financial	financial	ADJ
esutjss-245	599	7	distress	distress	NOUN
esutjss-245	599	8	on	on	ADP
esutjss-245	599	9	financial	financial	ADJ
esutjss-245	599	10	performance	performance	NOUN
esutjss-245	599	11	—	—	PUNCT
esutjss-245	599	12	evidence	evidence	NOUN
esutjss-245	599	13	from	from	ADP
esutjss-245	599	14	chinese	chinese	ADJ
esutjss-245	599	15	listed.journal	listed.journal	ADJ
esutjss-245	599	16	ofsustainability	ofsustainability	NOUN
esutjss-245	599	17	,	,	PUNCT
esutjss-245	599	18	12	12	NUM
esutjss-245	599	19	,	,	PUNCT
esutjss-245	599	20	6799	6799	NUM
esutjss-245	599	21	,	,	PUNCT
esutjss-245	599	22	1	1	NUM
esutjss-245	599	23	-	-	SYM
esutjss-245	599	24	21	21	NUM
esutjss-245	599	25	.	.	PUNCT
esutjss-245	600	1	mahdi	mahdi	PROPN
esutjss-245	600	2	,	,	PUNCT
esutjss-245	600	3	m.	m.	NOUN
esutjss-245	600	4	,	,	PUNCT
esutjss-245	600	5	&	&	CCONJ
esutjss-245	600	6	khaddafi	khaddafi	PROPN
esutjss-245	600	7	,	,	PUNCT
esutjss-245	600	8	m.	m.	NOUN
esutjss-245	600	9	(	(	PUNCT
esutjss-245	600	10	2020	2020	NUM
esutjss-245	600	11	)	)	PUNCT
esutjss-245	600	12	.	.	PUNCT
esutjss-245	601	1	the	the	DET
esutjss-245	601	2	influence	influence	NOUN
esutjss-245	601	3	of	of	ADP
esutjss-245	601	4	gross	gross	ADJ
esutjss-245	601	5	profit	profit	NOUN
esutjss-245	601	6	margin	margin	NOUN
esutjss-245	601	7	,	,	PUNCT
esutjss-245	601	8	operating	operate	VERB
esutjss-245	601	9	profit	profit	NOUN
esutjss-245	601	10	margin	margin	NOUN
esutjss-245	601	11	and	and	CCONJ
esutjss-245	601	12	net	net	ADJ
esutjss-245	601	13	profit	profit	NOUN
esutjss-245	601	14	margin	margin	NOUN
esutjss-245	601	15	on	on	ADP
esutjss-245	601	16	the	the	DET
esutjss-245	601	17	stock	stock	NOUN
esutjss-245	601	18	price	price	NOUN
esutjss-245	601	19	of	of	ADP
esutjss-245	601	20	consumer	consumer	NOUN
esutjss-245	601	21	good	good	ADJ
esutjss-245	601	22	industry	industry	NOUN
esutjss-245	601	23	in	in	ADP
esutjss-245	601	24	the	the	DET
esutjss-245	601	25	indonesia	indonesia	PROPN
esutjss-245	601	26	stock	stock	PROPN
esutjss-245	601	27	exchange	exchange	PROPN
esutjss-245	601	28	on	on	ADP
esutjss-245	601	29	2012	2012	NUM
esutjss-245	601	30	-	-	SYM
esutjss-245	601	31	2014	2014	NUM
esutjss-245	601	32	.	.	PUNCT
esutjss-245	602	1	international	international	ADJ
esutjss-245	602	2	journal	journal	PROPN
esutjss-245	602	3	of	of	ADP
esutjss-245	602	4	business	business	NOUN
esutjss-245	602	5	,	,	PUNCT
esutjss-245	602	6	economics	economic	NOUN
esutjss-245	602	7	,	,	PUNCT
esutjss-245	602	8	and	and	CCONJ
esutjss-245	602	9	social	social	ADJ
esutjss-245	602	10	development	development	NOUN
esutjss-245	602	11	,	,	PUNCT
esutjss-245	602	12	1(3	1(3	NUM
esutjss-245	602	13	)	)	PUNCT
esutjss-245	602	14	,	,	PUNCT
esutjss-245	602	15	153	153	NUM
esutjss-245	602	16	-	-	SYM
esutjss-245	602	17	163	163	NUM
esutjss-245	602	18	.	.	PUNCT
esutjss-245	603	1	min	min	PROPN
esutjss-245	603	2	,	,	PUNCT
esutjss-245	603	3	b.	b.	PROPN
esutjss-245	603	4	s.	s.	PROPN
esutjss-245	603	5	(	(	PUNCT
esutjss-245	603	6	2018	2018	NUM
esutjss-245	603	7	)	)	PUNCT
esutjss-245	603	8	.	.	PUNCT
esutjss-245	604	1	determinants	determinant	NOUN
esutjss-245	604	2	of	of	ADP
esutjss-245	604	3	board	board	NOUN
esutjss-245	604	4	size	size	NOUN
esutjss-245	604	5	in	in	ADP
esutjss-245	604	6	an	an	DET
esutjss-245	604	7	emerging	emerge	VERB
esutjss-245	604	8	market	market	NOUN
esutjss-245	604	9	.	.	PUNCT
esutjss-245	605	1	journal	journal	NOUN
esutjss-245	605	2	of	of	ADP
esutjss-245	605	3	international	international	ADJ
esutjss-245	605	4	financial	financial	ADJ
esutjss-245	605	5	management	management	NOUN
esutjss-245	605	6	&	&	CCONJ
esutjss-245	605	7	accounting	accounting	PROPN
esutjss-245	605	8	,	,	PUNCT
esutjss-245	605	9	29(1	29(1	NUM
esutjss-245	605	10	)	)	PUNCT
esutjss-245	605	11	,	,	PUNCT
esutjss-245	605	12	5	5	NUM
esutjss-245	605	13	-	-	SYM
esutjss-245	605	14	29	29	NUM
esutjss-245	605	15	.	.	PUNCT
esutjss-245	606	1	mwendwa	mwendwa	PROPN
esutjss-245	606	2	,	,	PUNCT
esutjss-245	606	3	g.	g.	PROPN
esutjss-245	606	4	m.	m.	PROPN
esutjss-245	606	5	(	(	PUNCT
esutjss-245	606	6	2022	2022	NUM
esutjss-245	606	7	)	)	PUNCT
esutjss-245	606	8	.	.	PUNCT
esutjss-245	607	1	firm	firm	ADJ
esutjss-245	607	2	characteristics	characteristic	NOUN
esutjss-245	607	3	and	and	CCONJ
esutjss-245	607	4	financial	financial	ADJ
esutjss-245	607	5	performance	performance	NOUN
esutjss-245	607	6	of	of	ADP
esutjss-245	607	7	manufacturing	manufacturing	NOUN
esutjss-245	607	8	and	and	CCONJ
esutjss-245	607	9	construction	construction	NOUN
esutjss-245	607	10	allied	ally	VERB
esutjss-245	607	11	firms	firm	NOUN
esutjss-245	607	12	listed	list	VERB
esutjss-245	607	13	in	in	ADP
esutjss-245	607	14	nairobi	nairobi	PROPN
esutjss-245	607	15	securities	securities	PROPN
esutjss-245	607	16	exchange	exchange	PROPN
esutjss-245	607	17	,	,	PUNCT
esutjss-245	607	18	kenya	kenya	PROPN
esutjss-245	607	19	(	(	PUNCT
esutjss-245	607	20	msc	msc	PROPN
esutjss-245	607	21	thesis	thesis	PROPN
esutjss-245	607	22	,	,	PUNCT
esutjss-245	607	23	kenyatta	kenyatta	PROPN
esutjss-245	607	24	university	university	PROPN
esutjss-245	607	25	)	)	PUNCT
esutjss-245	607	26	.	.	PUNCT
esutjss-245	608	1	nangih	nangih	PROPN
esutjss-245	608	2	,	,	PUNCT
esutjss-245	608	3	e.	e.	PROPN
esutjss-245	608	4	,	,	PUNCT
esutjss-245	608	5	turakpe	turakpe	NOUN
esutjss-245	608	6	,	,	PUNCT
esutjss-245	608	7	m.	m.	NOUN
esutjss-245	608	8	j.	j.	PROPN
esutjss-245	608	9	,	,	PUNCT
esutjss-245	608	10	&	&	CCONJ
esutjss-245	608	11	effe	effe	PROPN
esutjss-245	608	12	-	-	PUNCT
esutjss-245	608	13	nnamdi	nnamdi	PROPN
esutjss-245	608	14	ann	ann	PROPN
esutjss-245	608	15	c.	c.	PROPN
esutjss-245	608	16	(	(	PUNCT
esutjss-245	608	17	2023	2023	NUM
esutjss-245	608	18	)	)	PUNCT
esutjss-245	608	19	.	.	PUNCT
esutjss-245	609	1	firm	firm	ADJ
esutjss-245	609	2	characteristics	characteristic	NOUN
esutjss-245	609	3	and	and	CCONJ
esutjss-245	609	4	financial	financial	ADJ
esutjss-245	609	5	performance	performance	NOUN
esutjss-245	609	6	:	:	PUNCT
esutjss-245	609	7	evidence	evidence	NOUN
esutjss-245	609	8	from	from	ADP
esutjss-245	609	9	nigeria	nigeria	PROPN
esutjss-245	609	10	's	's	PART
esutjss-245	609	11	listed	list	VERB
esutjss-245	609	12	consumer	consumer	NOUN
esutjss-245	609	13	goods	good	NOUN
esutjss-245	609	14	sector	sector	NOUN
esutjss-245	609	15	.	.	PUNCT
esutjss-245	610	1	academic	academic	ADJ
esutjss-245	610	2	journal	journal	NOUN
esutjss-245	610	3	of	of	ADP
esutjss-245	610	4	accounting	accounting	NOUN
esutjss-245	610	5	and	and	CCONJ
esutjss-245	610	6	business	business	NOUN
esutjss-245	610	7	management	management	NOUN
esutjss-245	610	8	,	,	PUNCT
esutjss-245	610	9	4(4	4(4	NUM
esutjss-245	610	10	)	)	PUNCT
esutjss-245	610	11	,	,	PUNCT
esutjss-245	610	12	issn	issn	PROPN
esutjss-245	610	13	6449	6449	NUM
esutjss-245	610	14	-	-	SYM
esutjss-245	610	15	7017	7017	NUM
esutjss-245	610	16	.	.	PUNCT
esutjss-245	611	1	retrieved	retrieve	VERB
esutjss-245	611	2	from	from	ADP
esutjss-245	611	3	https://www.cirdjournal.com/index.php/ajabm/index	https://www.cirdjournal.com/index.php/ajabm/index	NOUN
esutjss-245	611	4	nariswari	nariswari	NOUN
esutjss-245	611	5	,	,	PUNCT
esutjss-245	611	6	t.	t.	PROPN
esutjss-245	611	7	n.	n.	PROPN
esutjss-245	611	8	,	,	PUNCT
esutjss-245	611	9	&	&	CCONJ
esutjss-245	611	10	nugraha	nugraha	PROPN
esutjss-245	611	11	,	,	PUNCT
esutjss-245	611	12	n.	n.	NOUN
esutjss-245	611	13	m.	m.	NOUN
esutjss-245	611	14	(	(	PUNCT
esutjss-245	611	15	2020	2020	NUM
esutjss-245	611	16	)	)	PUNCT
esutjss-245	611	17	.	.	PUNCT
esutjss-245	612	1	profit	profit	NOUN
esutjss-245	612	2	growth	growth	NOUN
esutjss-245	612	3	:	:	PUNCT
esutjss-245	612	4	impact	impact	NOUN
esutjss-245	612	5	of	of	ADP
esutjss-245	612	6	net	net	ADJ
esutjss-245	612	7	profit	profit	NOUN
esutjss-245	612	8	margin	margin	NOUN
esutjss-245	612	9	,	,	PUNCT
esutjss-245	612	10	gross	gross	ADJ
esutjss-245	612	11	profit	profit	NOUN
esutjss-245	612	12	margin	margin	NOUN
esutjss-245	612	13	and	and	CCONJ
esutjss-245	612	14	total	total	ADJ
esutjss-245	612	15	assests	assest	NOUN
esutjss-245	612	16	turnover	turnover	NOUN
esutjss-245	612	17	.	.	PUNCT
esutjss-245	613	1	international	international	ADJ
esutjss-245	613	2	journal	journal	PROPN
esutjss-245	613	3	of	of	ADP
esutjss-245	613	4	finance	finance	PROPN
esutjss-245	613	5	&	&	CCONJ
esutjss-245	613	6	banking	banking	NOUN
esutjss-245	613	7	studies	study	NOUN
esutjss-245	613	8	(	(	PUNCT
esutjss-245	613	9	2147	2147	NUM
esutjss-245	613	10	-	-	SYM
esutjss-245	613	11	4486	4486	NUM
esutjss-245	613	12	)	)	PUNCT
esutjss-245	613	13	,	,	PUNCT
esutjss-245	613	14	9(4	9(4	NUM
esutjss-245	613	15	)	)	PUNCT
esutjss-245	613	16	,	,	PUNCT
esutjss-245	613	17	87	87	NUM
esutjss-245	613	18	-	-	SYM
esutjss-245	613	19	96	96	NUM
esutjss-245	613	20	.	.	PUNCT
esutjss-245	614	1	nguyen	nguyen	PROPN
esutjss-245	614	2	,	,	PUNCT
esutjss-245	614	3	l.	l.	PROPN
esutjss-245	614	4	,	,	PUNCT
esutjss-245	614	5	tan	tan	PROPN
esutjss-245	614	6	,	,	PUNCT
esutjss-245	614	7	t.	t.	PROPN
esutjss-245	614	8	k.	k.	PROPN
esutjss-245	614	9	p.	p.	PROPN
esutjss-245	614	10	,	,	PUNCT
esutjss-245	614	11	&	&	CCONJ
esutjss-245	614	12	nguyen	nguyen	PROPN
esutjss-245	614	13	,	,	PUNCT
esutjss-245	614	14	t.	t.	PROPN
esutjss-245	614	15	h.	h.	PROPN
esutjss-245	614	16	(	(	PUNCT
esutjss-245	614	17	2021	2021	NUM
esutjss-245	614	18	)	)	PUNCT
esutjss-245	614	19	.	.	PUNCT
esutjss-245	615	1	determinants	determinant	NOUN
esutjss-245	615	2	of	of	ADP
esutjss-245	615	3	firm	firm	ADJ
esutjss-245	615	4	value	value	NOUN
esutjss-245	615	5	:	:	PUNCT
esutjss-245	615	6	an	an	DET
esutjss-245	615	7	empirical	empirical	ADJ
esutjss-245	615	8	study	study	NOUN
esutjss-245	615	9	of	of	ADP
esutjss-245	615	10	listed	list	VERB
esutjss-245	615	11	trading	trading	NOUN
esutjss-245	615	12	companies	company	NOUN
esutjss-245	615	13	in	in	ADP
esutjss-245	615	14	vietnam	vietnam	PROPN
esutjss-245	615	15	.	.	PUNCT
esutjss-245	616	1	the	the	DET
esutjss-245	616	2	journal	journal	NOUN
esutjss-245	616	3	of	of	ADP
esutjss-245	616	4	asian	asian	ADJ
esutjss-245	616	5	finance	finance	NOUN
esutjss-245	616	6	,	,	PUNCT
esutjss-245	616	7	economics	economic	NOUN
esutjss-245	616	8	and	and	CCONJ
esutjss-245	616	9	business	business	NOUN
esutjss-245	616	10	,	,	PUNCT
esutjss-245	616	11	8(6	8(6	NUM
esutjss-245	616	12	)	)	PUNCT
esutjss-245	616	13	,	,	PUNCT
esutjss-245	616	14	809	809	NUM
esutjss-245	616	15	-	-	SYM
esutjss-245	616	16	817	817	NUM
esutjss-245	616	17	.	.	PUNCT
esutjss-245	617	1	nworie	nworie	PROPN
esutjss-245	617	2	,	,	PUNCT
esutjss-245	617	3	g.	g.	PROPN
esutjss-245	617	4	o.	o.	PROPN
esutjss-245	617	5	,	,	PUNCT
esutjss-245	617	6	moedu	moedu	PROPN
esutjss-245	617	7	,	,	PUNCT
esutjss-245	617	8	v.	v.	ADP
esutjss-245	617	9	o.	o.	PROPN
esutjss-245	617	10	&	&	CCONJ
esutjss-245	617	11	onyali	onyali	PROPN
esutjss-245	617	12	,	,	PUNCT
esutjss-245	617	13	c.	c.	PROPN
esutjss-245	617	14	i.	i.	PROPN
esutjss-245	617	15	(	(	PUNCT
esutjss-245	617	16	2022	2022	NUM
esutjss-245	617	17	)	)	PUNCT
esutjss-245	617	18	.	.	PUNCT
esutjss-245	618	1	contribution	contribution	NOUN
esutjss-245	618	2	of	of	ADP
esutjss-245	618	3	current	current	ADJ
esutjss-245	618	4	assets	asset	NOUN
esutjss-245	618	5	management	management	NOUN
esutjss-245	618	6	to	to	ADP
esutjss-245	618	7	the	the	DET
esutjss-245	618	8	financial	financial	ADJ
esutjss-245	618	9	performance	performance	NOUN
esutjss-245	618	10	of	of	ADP
esutjss-245	618	11	listed	list	VERB
esutjss-245	618	12	consumer	consumer	NOUN
esutjss-245	618	13	goods	good	NOUN
esutjss-245	618	14	firms	firm	NOUN
esutjss-245	618	15	in	in	ADP
esutjss-245	618	16	nigeria	nigeria	PROPN
esutjss-245	618	17	.	.	PUNCT
esutjss-245	619	1	international	international	ADJ
esutjss-245	619	2	journal	journal	PROPN
esutjss-245	619	3	of	of	ADP
esutjss-245	619	4	trend	trend	NOUN
esutjss-245	619	5	in	in	ADP
esutjss-245	619	6	scientific	scientific	ADJ
esutjss-245	619	7	research	research	NOUN
esutjss-245	619	8	and	and	CCONJ
esutjss-245	619	9	development	development	NOUN
esutjss-245	619	10	,	,	PUNCT
esutjss-245	619	11	6(7	6(7	NUM
esutjss-245	619	12	)	)	PUNCT
esutjss-245	619	13	.	.	PUNCT
esutjss-245	620	1	nworie	nworie	PROPN
esutjss-245	620	2	,	,	PUNCT
esutjss-245	620	3	g.	g.	PROPN
esutjss-245	620	4	o.	o.	PROPN
esutjss-245	620	5	,	,	PUNCT
esutjss-245	620	6	okafor	okafor	PROPN
esutjss-245	620	7	,	,	PUNCT
esutjss-245	620	8	t.	t.	PROPN
esutjss-245	620	9	g.	g.	PROPN
esutjss-245	620	10	,	,	PUNCT
esutjss-245	620	11	&	&	CCONJ
esutjss-245	620	12	john	john	PROPN
esutjss-245	620	13	-	-	PUNCT
esutjss-245	620	14	akamelu	akamelu	PROPN
esutjss-245	620	15	,	,	PUNCT
esutjss-245	620	16	c.	c.	PROPN
esutjss-245	620	17	r.	r.	PROPN
esutjss-245	620	18	(	(	PUNCT
esutjss-245	620	19	2022	2022	NUM
esutjss-245	620	20	)	)	PUNCT
esutjss-245	620	21	.	.	PUNCT
esutjss-245	621	1	firm	firm	ADJ
esutjss-245	621	2	-	-	PUNCT
esutjss-245	621	3	level	level	NOUN
esutjss-245	621	4	traits	trait	NOUN
esutjss-245	621	5	and	and	CCONJ
esutjss-245	621	6	the	the	DET
esutjss-245	621	7	adoption	adoption	NOUN
esutjss-245	621	8	of	of	ADP
esutjss-245	621	9	computerised	computerised	ADJ
esutjss-245	621	10	accounting	accounting	NOUN
esutjss-245	621	11	information	information	NOUN
esutjss-245	621	12	system	system	NOUN
esutjss-245	621	13	among	among	ADP
esutjss-245	621	14	listed	list	VERB
esutjss-245	621	15	manufacturing	manufacturing	NOUN
esutjss-245	621	16	firms	firm	NOUN
esutjss-245	621	17	in	in	ADP
esutjss-245	621	18	nigeria	nigeria	PROPN
esutjss-245	621	19	.	.	PUNCT
esutjss-245	622	1	journal	journal	PROPN
esutjss-245	622	2	of	of	ADP
esutjss-245	622	3	global	global	ADJ
esutjss-245	622	4	accounting	accounting	NOUN
esutjss-245	622	5	,	,	PUNCT
esutjss-245	622	6	8(3	8(3	NUM
esutjss-245	622	7	)	)	PUNCT
esutjss-245	622	8	,	,	PUNCT
esutjss-245	622	9	128	128	NUM
esutjss-245	622	10	-	-	SYM
esutjss-245	622	11	148	148	NUM
esutjss-245	622	12	.	.	PUNCT
esutjss-245	623	1	nworie	nworie	ADJ
esutjss-245	623	2	,	,	PUNCT
esutjss-245	623	3	g.o	g.o	PROPN
esutjss-245	623	4	&	&	CCONJ
esutjss-245	623	5	ofoje	ofoje	NOUN
esutjss-245	623	6	,	,	PUNCT
esutjss-245	623	7	b.	b.	PROPN
esutjss-245	623	8	c.	c.	PROPN
esutjss-245	623	9	(	(	PUNCT
esutjss-245	623	10	2022	2022	NUM
esutjss-245	623	11	)	)	PUNCT
esutjss-245	623	12	.	.	PUNCT
esutjss-245	624	1	liquidity	liquidity	NOUN
esutjss-245	624	2	as	as	ADP
esutjss-245	624	3	an	an	DET
esutjss-245	624	4	antecedent	antecedent	NOUN
esutjss-245	624	5	to	to	ADP
esutjss-245	624	6	the	the	DET
esutjss-245	624	7	financial	financial	ADJ
esutjss-245	624	8	performance	performance	NOUN
esutjss-245	624	9	of	of	ADP
esutjss-245	624	10	listed	list	VERB
esutjss-245	624	11	food	food	NOUN
esutjss-245	624	12	and	and	CCONJ
esutjss-245	624	13	beverages	beverage	NOUN
esutjss-245	624	14	firms	firm	NOUN
esutjss-245	624	15	in	in	ADP
esutjss-245	624	16	nigeria	nigeria	PROPN
esutjss-245	624	17	.	.	PUNCT
esutjss-245	625	1	international	international	ADJ
esutjss-245	625	2	journal	journal	PROPN
esutjss-245	625	3	of	of	ADP
esutjss-245	625	4	advances	advance	NOUN
esutjss-245	625	5	in	in	ADP
esutjss-245	625	6	engineering	engineering	NOUN
esutjss-245	625	7	and	and	CCONJ
esutjss-245	625	8	management	management	NOUN
esutjss-245	625	9	,	,	PUNCT
esutjss-245	625	10	4(12	4(12	NUM
esutjss-245	625	11	)	)	PUNCT
esutjss-245	625	12	,	,	PUNCT
esutjss-245	625	13	192	192	NUM
esutjss-245	625	14	-	-	SYM
esutjss-245	625	15	200	200	NUM
esutjss-245	625	16	.	.	PUNCT
esutjss-245	626	1	nworie	nworie	ADJ
esutjss-245	626	2	,	,	PUNCT
esutjss-245	626	3	g.o	g.o	PROPN
esutjss-245	626	4	.	.	PROPN
esutjss-245	626	5	&	&	CCONJ
esutjss-245	626	6	mba	mba	PROPN
esutjss-245	626	7	,	,	PUNCT
esutjss-245	626	8	c.j	c.j	PROPN
esutjss-245	626	9	.	.	PROPN
esutjss-245	626	10	(	(	PUNCT
esutjss-245	626	11	2022	2022	NUM
esutjss-245	626	12	)	)	PUNCT
esutjss-245	626	13	.	.	PUNCT
esutjss-245	627	1	modelling	model	VERB
esutjss-245	627	2	financial	financial	ADJ
esutjss-245	627	3	performance	performance	NOUN
esutjss-245	627	4	of	of	ADP
esutjss-245	627	5	food	food	NOUN
esutjss-245	627	6	and	and	CCONJ
esutjss-245	627	7	beverages	beverage	NOUN
esutjss-245	627	8	companies	company	NOUN
esutjss-245	627	9	listed	list	VERB
esutjss-245	627	10	on	on	ADP
esutjss-245	627	11	nigerian	nigerian	ADJ
esutjss-245	627	12	exchange	exchange	NOUN
esutjss-245	627	13	group	group	NOUN
esutjss-245	627	14	:	:	PUNCT
esutjss-245	627	15	the	the	DET
esutjss-245	627	16	firm	firm	ADJ
esutjss-245	627	17	characteristics	characteristic	NOUN
esutjss-245	627	18	effect	effect	NOUN
esutjss-245	627	19	,	,	PUNCT
esutjss-245	627	20	journal	journal	NOUN
esutjss-245	627	21	of	of	ADP
esutjss-245	627	22	global	global	ADJ
esutjss-245	627	23	accounting	accounting	NOUN
esutjss-245	627	24	,	,	PUNCT
esutjss-245	627	25	8(3	8(3	NUM
esutjss-245	627	26	)	)	PUNCT
esutjss-245	627	27	,	,	PUNCT
esutjss-245	627	28	37	37	NUM
esutjss-245	627	29	-	-	SYM
esutjss-245	627	30	52	52	NUM
esutjss-245	627	31	.	.	PUNCT
esutjss-245	628	1	nyamiobo	nyamiobo	PROPN
esutjss-245	628	2	,	,	PUNCT
esutjss-245	628	3	j.	j.	PROPN
esutjss-245	628	4	k.	k.	PROPN
esutjss-245	628	5	,	,	PUNCT
esutjss-245	628	6	muturi	muturi	PROPN
esutjss-245	628	7	,	,	PUNCT
esutjss-245	628	8	w.	w.	PROPN
esutjss-245	628	9	m.	m.	NOUN
esutjss-245	628	10	,	,	PUNCT
esutjss-245	628	11	okibo	okibo	NOUN
esutjss-245	628	12	,	,	PUNCT
esutjss-245	628	13	w.	w.	PROPN
esutjss-245	628	14	b.	b.	PROPN
esutjss-245	628	15	&	&	CCONJ
esutjss-245	628	16	olweny	olweny	PROPN
esutjss-245	628	17	,	,	PUNCT
esutjss-245	628	18	t.	t.	PROPN
esutjss-245	628	19	(	(	PUNCT
esutjss-245	628	20	2019	2019	NUM
esutjss-245	628	21	)	)	PUNCT
esutjss-245	628	22	.	.	PUNCT
esutjss-245	629	1	the	the	DET
esutjss-245	629	2	role	role	NOUN
esutjss-245	629	3	of	of	ADP
esutjss-245	629	4	csr	csr	X
esutjss-245	629	5	on	on	ADP
esutjss-245	629	6	financial	financial	ADJ
esutjss-245	629	7	performance	performance	NOUN
esutjss-245	629	8	of	of	ADP
esutjss-245	629	9	companies	company	NOUN
esutjss-245	629	10	listed	list	VERB
esutjss-245	629	11	at	at	ADP
esutjss-245	629	12	the	the	DET
esutjss-245	629	13	nairobi	nairobi	PROPN
esutjss-245	629	14	securities	securities	PROPN
esutjss-245	629	15	exchange	exchange	PROPN
esutjss-245	629	16	(	(	PUNCT
esutjss-245	629	17	nse	nse	NOUN
esutjss-245	629	18	)	)	PUNCT
esutjss-245	629	19	.	.	PUNCT
esutjss-245	630	1	international	international	ADJ
esutjss-245	630	2	journal	journal	PROPN
esutjss-245	630	3	of	of	ADP
esutjss-245	630	4	business	business	NOUN
esutjss-245	630	5	and	and	CCONJ
esutjss-245	630	6	law	law	NOUN
esutjss-245	630	7	research	research	NOUN
esutjss-245	630	8	5(3	5(3	NUM
esutjss-245	630	9	)	)	PUNCT
esutjss-245	630	10	,	,	PUNCT
esutjss-245	630	11	34	34	NUM
esutjss-245	630	12	-	-	SYM
esutjss-245	630	13	45	45	NUM
esutjss-245	630	14	.	.	PUNCT
esutjss-245	631	1	okumu	okumu	PROPN
esutjss-245	631	2	,	,	PUNCT
esutjss-245	631	3	f.	f.	PROPN
esutjss-245	631	4	o.	o.	PROPN
esutjss-245	631	5	(	(	PUNCT
esutjss-245	631	6	2015	2015	NUM
esutjss-245	631	7	)	)	PUNCT
esutjss-245	631	8	.	.	PUNCT
esutjss-245	632	1	corporate	corporate	ADJ
esutjss-245	632	2	governance	governance	NOUN
esutjss-245	632	3	and	and	CCONJ
esutjss-245	632	4	firm	firm	ADJ
esutjss-245	632	5	value	value	NOUN
esutjss-245	632	6	for	for	ADP
esutjss-245	632	7	firms	firm	NOUN
esutjss-245	632	8	listed	list	VERB
esutjss-245	632	9	at	at	ADP
esutjss-245	632	10	the	the	DET
esutjss-245	632	11	nairobi	nairobi	PROPN
esutjss-245	632	12	securities	securities	PROPN
esutjss-245	632	13	exchange	exchange	PROPN
esutjss-245	632	14	(	(	PUNCT
esutjss-245	632	15	doctoral	doctoral	ADJ
esutjss-245	632	16	dissertation	dissertation	NOUN
esutjss-245	632	17	,	,	PUNCT
esutjss-245	632	18	university	university	NOUN
esutjss-245	632	19	of	of	ADP
esutjss-245	632	20	nairobi	nairobi	PROPN
esutjss-245	632	21	)	)	PUNCT
esutjss-245	632	22	.	.	PUNCT
esutjss-245	633	1	https://www.cirdjournal.com/index.php/ajabm/index	https://www.cirdjournal.com/index.php/ajabm/index	PROPN
esutjss-245	633	2	594	594	NUM
esutjss-245	633	3	oyeyemi	oyeyemi	NOUN
esutjss-245	633	4	,	,	PUNCT
esutjss-245	633	5	o.	o.	PROPN
esutjss-245	633	6	g.	g.	PROPN
esutjss-245	633	7	,	,	PUNCT
esutjss-245	633	8	enyi	enyi	PROPN
esutjss-245	633	9	,	,	PUNCT
esutjss-245	633	10	e.	e.	PROPN
esutjss-245	633	11	p.	p.	PROPN
esutjss-245	633	12	,	,	PUNCT
esutjss-245	633	13	&	&	CCONJ
esutjss-245	633	14	emmanuel	emmanuel	PROPN
esutjss-245	633	15	,	,	PUNCT
esutjss-245	633	16	o.	o.	PROPN
esutjss-245	633	17	g.	g.	PROPN
esutjss-245	633	18	(	(	PUNCT
esutjss-245	633	19	2019	2019	NUM
esutjss-245	633	20	)	)	PUNCT
esutjss-245	633	21	.	.	PUNCT
esutjss-245	634	1	shareholders	shareholder	NOUN
esutjss-245	634	2	return	return	VERB
esutjss-245	634	3	and	and	CCONJ
esutjss-245	634	4	value	value	NOUN
esutjss-245	634	5	of	of	ADP
esutjss-245	634	6	manufacturing	manufacturing	NOUN
esutjss-245	634	7	firms	firm	NOUN
esutjss-245	634	8	listed	list	VERB
esutjss-245	634	9	on	on	ADP
esutjss-245	634	10	the	the	DET
esutjss-245	634	11	nigerian	nigerian	ADJ
esutjss-245	634	12	stock	stock	NOUN
esutjss-245	634	13	exchange	exchange	PROPN
esutjss-245	634	14	.	.	PUNCT
esutjss-245	635	1	african	african	ADJ
esutjss-245	635	2	journal	journal	PROPN
esutjss-245	635	3	of	of	ADP
esutjss-245	635	4	business	business	NOUN
esutjss-245	635	5	management	management	NOUN
esutjss-245	635	6	,	,	PUNCT
esutjss-245	635	7	13(10	13(10	NUM
esutjss-245	635	8	)	)	PUNCT
esutjss-245	635	9	,	,	PUNCT
esutjss-245	635	10	318	318	NUM
esutjss-245	635	11	-	-	SYM
esutjss-245	635	12	326	326	NUM
esutjss-245	635	13	.	.	PUNCT
esutjss-245	636	1	rodríguez	rodríguez	NOUN
esutjss-245	636	2	-	-	PUNCT
esutjss-245	636	3	fernández	fernández	PROPN
esutjss-245	636	4	,	,	PUNCT
esutjss-245	636	5	m.	m.	NOUN
esutjss-245	636	6	(	(	PUNCT
esutjss-245	636	7	2015	2015	NUM
esutjss-245	636	8	)	)	PUNCT
esutjss-245	636	9	.	.	PUNCT
esutjss-245	637	1	company	company	NOUN
esutjss-245	637	2	financial	financial	ADJ
esutjss-245	637	3	performance	performance	NOUN
esutjss-245	637	4	:	:	PUNCT
esutjss-245	637	5	does	do	AUX
esutjss-245	637	6	board	board	NOUN
esutjss-245	637	7	size	size	NOUN
esutjss-245	637	8	matter	matter	NOUN
esutjss-245	637	9	?	?	PUNCT
esutjss-245	638	1	case	case	NOUN
esutjss-245	638	2	of	of	ADP
esutjss-245	638	3	the	the	DET
esutjss-245	638	4	eurostoxx50	eurostoxx50	NOUN
esutjss-245	638	5	index	index	NOUN
esutjss-245	638	6	.	.	PUNCT
esutjss-245	639	1	cuadernos	cuadernos	PROPN
esutjss-245	639	2	de	de	PROPN
esutjss-245	639	3	gestión	gestión	PROPN
esutjss-245	639	4	,	,	PUNCT
esutjss-245	639	5	15(2	15(2	NUM
esutjss-245	639	6	)	)	PUNCT
esutjss-245	639	7	,	,	PUNCT
esutjss-245	639	8	15	15	NUM
esutjss-245	639	9	-	-	SYM
esutjss-245	639	10	38	38	NUM
esutjss-245	639	11	.	.	PUNCT
esutjss-245	640	1	sabiya	sabiya	PROPN
esutjss-245	640	2	,	,	PUNCT
esutjss-245	640	3	a.	a.	PROPN
esutjss-245	640	4	,	,	PUNCT
esutjss-245	640	5	&	&	CCONJ
esutjss-245	640	6	joel	joel	PROPN
esutjss-245	640	7	,	,	PUNCT
esutjss-245	640	8	m.	m.	NOUN
esutjss-245	640	9	(	(	PUNCT
esutjss-245	640	10	2023	2023	NUM
esutjss-245	640	11	)	)	PUNCT
esutjss-245	640	12	.	.	PUNCT
esutjss-245	641	1	firm	firm	ADJ
esutjss-245	641	2	characteristics	characteristic	NOUN
esutjss-245	641	3	and	and	CCONJ
esutjss-245	641	4	financial	financial	ADJ
esutjss-245	641	5	performance	performance	NOUN
esutjss-245	641	6	of	of	ADP
esutjss-245	641	7	pension	pension	NOUN
esutjss-245	641	8	fund	fund	NOUN
esutjss-245	641	9	administrators	administrator	NOUN
esutjss-245	641	10	in	in	ADP
esutjss-245	641	11	nigeria	nigeria	PROPN
esutjss-245	641	12	.	.	PUNCT
esutjss-245	642	1	journal	journal	PROPN
esutjss-245	642	2	of	of	ADP
esutjss-245	642	3	arid	arid	PROPN
esutjss-245	642	4	zone	zone	NOUN
esutjss-245	642	5	economy	economy	NOUN
esutjss-245	642	6	,	,	PUNCT
esutjss-245	642	7	1(2	1(2	NUM
esutjss-245	642	8	)	)	PUNCT
esutjss-245	642	9	,	,	PUNCT
esutjss-245	642	10	35	35	NUM
esutjss-245	642	11	-	-	SYM
esutjss-245	642	12	47	47	NUM
esutjss-245	642	13	.	.	PUNCT
esutjss-245	643	1	issn	issn	PROPN
esutjss-245	643	2	:	:	PUNCT
esutjss-245	643	3	2992	2992	NUM
esutjss-245	643	4	-	-	SYM
esutjss-245	643	5	4952	4952	NUM
esutjss-245	643	6	.	.	PUNCT
esutjss-245	644	1	retrieved	retrieve	VERB
esutjss-245	644	2	from	from	ADP
esutjss-245	644	3	https://resources.jaze.com.ng/index.php/jaze/login	https://resources.jaze.com.ng/index.php/jaze/login	PROPN
esutjss-245	644	4	sampurna	sampurna	PROPN
esutjss-245	644	5	,	,	PUNCT
esutjss-245	644	6	d.	d.	PROPN
esutjss-245	644	7	s.	s.	PROPN
esutjss-245	644	8	,	,	PUNCT
esutjss-245	644	9	&	&	CCONJ
esutjss-245	644	10	romawati	romawati	PROPN
esutjss-245	644	11	,	,	PUNCT
esutjss-245	644	12	e.	e.	PROPN
esutjss-245	644	13	(	(	PUNCT
esutjss-245	644	14	2020	2020	NUM
esutjss-245	644	15	)	)	PUNCT
esutjss-245	644	16	.	.	PUNCT
esutjss-245	645	1	determinants	determinant	NOUN
esutjss-245	645	2	of	of	ADP
esutjss-245	645	3	firm	firm	ADJ
esutjss-245	645	4	value	value	NOUN
esutjss-245	645	5	:	:	PUNCT
esutjss-245	645	6	evidence	evidence	NOUN
esutjss-245	645	7	in	in	ADP
esutjss-245	645	8	indonesia	indonesia	PROPN
esutjss-245	645	9	stock	stock	PROPN
esutjss-245	645	10	exchange	exchange	PROPN
esutjss-245	645	11	.	.	PUNCT
esutjss-245	646	1	in	in	ADP
esutjss-245	646	2	6th	6th	ADJ
esutjss-245	646	3	annual	annual	ADJ
esutjss-245	646	4	international	international	ADJ
esutjss-245	646	5	conference	conference	NOUN
esutjss-245	646	6	on	on	ADP
esutjss-245	646	7	management	management	NOUN
esutjss-245	646	8	research	research	NOUN
esutjss-245	646	9	(	(	PUNCT
esutjss-245	646	10	aicmar	aicmar	NOUN
esutjss-245	646	11	2019	2019	NUM
esutjss-245	646	12	)	)	PUNCT
esutjss-245	646	13	(	(	PUNCT
esutjss-245	646	14	pp	pp	ADJ
esutjss-245	646	15	.	.	PUNCT
esutjss-245	647	1	12	12	NUM
esutjss-245	647	2	-	-	SYM
esutjss-245	647	3	15	15	NUM
esutjss-245	647	4	)	)	PUNCT
esutjss-245	647	5	.	.	PUNCT
esutjss-245	648	1	atlantis	atlantis	PROPN
esutjss-245	648	2	press	press	PROPN
esutjss-245	648	3	.	.	PUNCT
esutjss-245	649	1	saputra	saputra	PROPN
esutjss-245	649	2	,	,	PUNCT
esutjss-245	649	3	f.	f.	PROPN
esutjss-245	649	4	(	(	PUNCT
esutjss-245	649	5	2022	2022	NUM
esutjss-245	649	6	)	)	PUNCT
esutjss-245	649	7	.	.	PUNCT
esutjss-245	650	1	analysis	analysis	NOUN
esutjss-245	650	2	effect	effect	NOUN
esutjss-245	650	3	return	return	NOUN
esutjss-245	650	4	on	on	ADP
esutjss-245	650	5	assets	asset	NOUN
esutjss-245	650	6	(	(	PUNCT
esutjss-245	650	7	roa	roa	NOUN
esutjss-245	650	8	)	)	PUNCT
esutjss-245	650	9	,	,	PUNCT
esutjss-245	650	10	return	return	VERB
esutjss-245	650	11	on	on	ADP
esutjss-245	650	12	equity	equity	NOUN
esutjss-245	650	13	(	(	PUNCT
esutjss-245	650	14	roe	roe	PROPN
esutjss-245	650	15	)	)	PUNCT
esutjss-245	650	16	and	and	CCONJ
esutjss-245	650	17	price	price	NOUN
esutjss-245	650	18	earning	earning	NOUN
esutjss-245	650	19	ratio	ratio	NOUN
esutjss-245	650	20	(	(	PUNCT
esutjss-245	650	21	per	per	ADP
esutjss-245	650	22	)	)	PUNCT
esutjss-245	650	23	on	on	ADP
esutjss-245	650	24	stock	stock	NOUN
esutjss-245	650	25	prices	price	NOUN
esutjss-245	650	26	of	of	ADP
esutjss-245	650	27	coal	coal	NOUN
esutjss-245	650	28	companies	company	NOUN
esutjss-245	650	29	in	in	ADP
esutjss-245	650	30	the	the	DET
esutjss-245	650	31	indonesia	indonesia	PROPN
esutjss-245	650	32	stock	stock	PROPN
esutjss-245	650	33	exchange	exchange	PROPN
esutjss-245	650	34	(	(	PUNCT
esutjss-245	650	35	idx	idx	PROPN
esutjss-245	650	36	)	)	PUNCT
esutjss-245	650	37	period	period	NOUN
esutjss-245	650	38	2018	2018	NUM
esutjss-245	650	39	-	-	SYM
esutjss-245	650	40	2021	2021	NUM
esutjss-245	650	41	.	.	PUNCT
esutjss-245	651	1	dinasti	dinasti	PROPN
esutjss-245	651	2	international	international	PROPN
esutjss-245	651	3	journal	journal	PROPN
esutjss-245	651	4	of	of	ADP
esutjss-245	651	5	economics	economic	NOUN
esutjss-245	651	6	,	,	PUNCT
esutjss-245	651	7	finance	finance	NOUN
esutjss-245	651	8	&	&	CCONJ
esutjss-245	651	9	accounting	accounting	NOUN
esutjss-245	651	10	,	,	PUNCT
esutjss-245	651	11	3(1	3(1	NUM
esutjss-245	651	12	)	)	PUNCT
esutjss-245	651	13	,	,	PUNCT
esutjss-245	651	14	82	82	NUM
esutjss-245	651	15	-	-	SYM
esutjss-245	651	16	94	94	NUM
esutjss-245	651	17	.	.	PUNCT
esutjss-245	652	1	shuaibu	shuaibu	NOUN
esutjss-245	652	2	,	,	PUNCT
esutjss-245	652	3	k.	k.	PROPN
esutjss-245	652	4	,	,	PUNCT
esutjss-245	652	5	ali	ali	PROPN
esutjss-245	652	6	,	,	PUNCT
esutjss-245	652	7	i.	i.	PROPN
esutjss-245	652	8	&	&	CCONJ
esutjss-245	652	9	amin	amin	PROPN
esutjss-245	652	10	,	,	PUNCT
esutjss-245	652	11	i.	i.	PROPN
esutjss-245	652	12	m.	m.	PROPN
esutjss-245	652	13	(	(	PUNCT
esutjss-245	652	14	2019	2019	NUM
esutjss-245	652	15	)	)	PUNCT
esutjss-245	652	16	.	.	PUNCT
esutjss-245	653	1	company	company	NOUN
esutjss-245	653	2	attributes	attribute	VERB
esutjss-245	653	3	and	and	CCONJ
esutjss-245	653	4	firm	firm	ADJ
esutjss-245	653	5	value	value	NOUN
esutjss-245	653	6	of	of	ADP
esutjss-245	653	7	listed	list	VERB
esutjss-245	653	8	consumer	consumer	NOUN
esutjss-245	653	9	goods	good	NOUN
esutjss-245	653	10	companies	company	NOUN
esutjss-245	653	11	in	in	ADP
esutjss-245	653	12	nigeria	nigeria	PROPN
esutjss-245	653	13	.	.	PUNCT
esutjss-245	654	1	journal	journal	PROPN
esutjss-245	654	2	of	of	ADP
esutjss-245	654	3	research	research	NOUN
esutjss-245	654	4	in	in	ADP
esutjss-245	654	5	humanities	humanity	NOUN
esutjss-245	654	6	and	and	CCONJ
esutjss-245	654	7	social	social	ADJ
esutjss-245	654	8	science	science	NOUN
esutjss-245	654	9	,	,	PUNCT
esutjss-245	654	10	7(5	7(5	NUM
esutjss-245	654	11	)	)	PUNCT
esutjss-245	654	12	,	,	PUNCT
esutjss-245	654	13	40	40	NUM
esutjss-245	654	14	-	-	SYM
esutjss-245	654	15	49	49	NUM
esutjss-245	654	16	.	.	PUNCT
esutjss-245	655	1	sulaiman	sulaiman	PROPN
esutjss-245	655	2	,	,	PUNCT
esutjss-245	655	3	a.	a.	PROPN
esutjss-245	655	4	s.	s.	PROPN
esutjss-245	655	5	,	,	PUNCT
esutjss-245	655	6	mijinyawa	mijinyawa	PROPN
esutjss-245	655	7	,	,	PUNCT
esutjss-245	655	8	u.	u.	PROPN
esutjss-245	655	9	m.	m.	PROPN
esutjss-245	655	10	,	,	PUNCT
esutjss-245	655	11	&	&	CCONJ
esutjss-245	655	12	isa	isa	PROPN
esutjss-245	655	13	,	,	PUNCT
esutjss-245	655	14	k.	k.	PROPN
esutjss-245	655	15	t.	t.	PROPN
esutjss-245	655	16	(	(	PUNCT
esutjss-245	655	17	2019	2019	NUM
esutjss-245	655	18	)	)	PUNCT
esutjss-245	655	19	.	.	PUNCT
esutjss-245	656	1	effects	effect	NOUN
esutjss-245	656	2	of	of	ADP
esutjss-245	656	3	financial	financial	ADJ
esutjss-245	656	4	performance	performance	NOUN
esutjss-245	656	5	,	,	PUNCT
esutjss-245	656	6	capital	capital	NOUN
esutjss-245	656	7	structure	structure	NOUN
esutjss-245	656	8	and	and	CCONJ
esutjss-245	656	9	firm	firm	ADJ
esutjss-245	656	10	size	size	NOUN
esutjss-245	656	11	on	on	ADP
esutjss-245	656	12	firms	firm	NOUN
esutjss-245	656	13	’	'	PUNCT
esutjss-245	656	14	value	value	NOUN
esutjss-245	656	15	of	of	ADP
esutjss-245	656	16	listed	list	VERB
esutjss-245	656	17	consumer	consumer	NOUN
esutjss-245	656	18	-	-	PUNCT
esutjss-245	656	19	goods	good	NOUN
esutjss-245	656	20	firms	firm	NOUN
esutjss-245	656	21	in	in	ADP
esutjss-245	656	22	nigeria	nigeria	PROPN
esutjss-245	656	23	.	.	PUNCT
esutjss-245	657	1	dutse	dutse	PROPN
esutjss-245	657	2	international	international	ADJ
esutjss-245	657	3	journal	journal	NOUN
esutjss-245	657	4	of	of	ADP
esutjss-245	657	5	social	social	ADJ
esutjss-245	657	6	and	and	CCONJ
esutjss-245	657	7	economic	economic	ADJ
esutjss-245	657	8	research	research	NOUN
esutjss-245	657	9	,	,	PUNCT
esutjss-245	657	10	2(1	2(1	NUM
esutjss-245	657	11	)	)	PUNCT
esutjss-245	657	12	,	,	PUNCT
esutjss-245	657	13	1	1	NUM
esutjss-245	657	14	-	-	SYM
esutjss-245	657	15	10	10	NUM
esutjss-245	657	16	.	.	PUNCT
esutjss-245	658	1	tulung	tulung	PROPN
esutjss-245	658	2	,	,	PUNCT
esutjss-245	658	3	j.	j.	PROPN
esutjss-245	658	4	e.	e.	PROPN
esutjss-245	658	5	,	,	PUNCT
esutjss-245	658	6	&	&	CCONJ
esutjss-245	658	7	ramdani	ramdani	PROPN
esutjss-245	658	8	,	,	PUNCT
esutjss-245	658	9	d.	d.	PROPN
esutjss-245	658	10	(	(	PUNCT
esutjss-245	658	11	2018	2018	NUM
esutjss-245	658	12	)	)	PUNCT
esutjss-245	658	13	.	.	PUNCT
esutjss-245	659	1	independence	independence	NOUN
esutjss-245	659	2	,	,	PUNCT
esutjss-245	659	3	size	size	NOUN
esutjss-245	659	4	and	and	CCONJ
esutjss-245	659	5	performance	performance	NOUN
esutjss-245	659	6	of	of	ADP
esutjss-245	659	7	the	the	DET
esutjss-245	659	8	board	board	NOUN
esutjss-245	659	9	:	:	PUNCT
esutjss-245	659	10	an	an	DET
esutjss-245	659	11	emerging	emerge	VERB
esutjss-245	659	12	market	market	NOUN
esutjss-245	659	13	research	research	NOUN
esutjss-245	659	14	.	.	PUNCT
esutjss-245	660	1	corporate	corporate	ADJ
esutjss-245	660	2	ownership	ownership	NOUN
esutjss-245	660	3	&	&	CCONJ
esutjss-245	660	4	control	control	NOUN
esutjss-245	660	5	,	,	PUNCT
esutjss-245	660	6	15(2	15(2	NUM
esutjss-245	660	7	)	)	PUNCT
esutjss-245	660	8	.	.	PUNCT
esutjss-245	661	1	ugbede	ugbede	NOUN
esutjss-245	661	2	,	,	PUNCT
esutjss-245	661	3	n.	n.	NOUN
esutjss-245	661	4	,	,	PUNCT
esutjss-245	661	5	ekpa	ekpa	NOUN
esutjss-245	661	6	,	,	PUNCT
esutjss-245	661	7	f.	f.	PROPN
esutjss-245	661	8	,	,	PUNCT
esutjss-245	661	9	odobi	odobi	PROPN
esutjss-245	661	10	,	,	PUNCT
esutjss-245	661	11	d.	d.	PROPN
esutjss-245	661	12	o.	o.	PROPN
esutjss-245	661	13	,	,	PUNCT
esutjss-245	661	14	eidicha	eidicha	PROPN
esutjss-245	661	15	,	,	PUNCT
esutjss-245	661	16	m.	m.	PROPN
esutjss-245	661	17	j.	j.	PROPN
esutjss-245	661	18	,	,	PUNCT
esutjss-245	661	19	&	&	CCONJ
esutjss-245	661	20	egwuaba	egwuaba	PROPN
esutjss-245	661	21	,	,	PUNCT
esutjss-245	661	22	m.	m.	PROPN
esutjss-245	661	23	w.	w.	PROPN
esutjss-245	661	24	(	(	PUNCT
esutjss-245	661	25	2023	2023	NUM
esutjss-245	661	26	)	)	PUNCT
esutjss-245	661	27	.	.	PUNCT
esutjss-245	662	1	moderating	moderate	VERB
esutjss-245	662	2	role	role	NOUN
esutjss-245	662	3	of	of	ADP
esutjss-245	662	4	board	board	NOUN
esutjss-245	662	5	size	size	NOUN
esutjss-245	662	6	on	on	ADP
esutjss-245	662	7	debt	debt	NOUN
esutjss-245	662	8	capital	capital	NOUN
esutjss-245	662	9	and	and	CCONJ
esutjss-245	662	10	firm	firm	ADJ
esutjss-245	662	11	performance	performance	NOUN
esutjss-245	662	12	of	of	ADP
esutjss-245	662	13	quoted	quote	VERB
esutjss-245	662	14	industrial	industrial	ADJ
esutjss-245	662	15	goods	good	NOUN
esutjss-245	662	16	companies	company	NOUN
esutjss-245	662	17	in	in	ADP
esutjss-245	662	18	nigeria	nigeria	PROPN
esutjss-245	662	19	.	.	PUNCT
esutjss-245	663	1	european	european	PROPN
esutjss-245	663	2	journal	journal	PROPN
esutjss-245	663	3	of	of	ADP
esutjss-245	663	4	accounting	accounting	NOUN
esutjss-245	663	5	,	,	PUNCT
esutjss-245	663	6	auditing	auditing	NOUN
esutjss-245	663	7	and	and	CCONJ
esutjss-245	663	8	finance	finance	NOUN
esutjss-245	663	9	research	research	NOUN
esutjss-245	663	10	,	,	PUNCT
esutjss-245	663	11	11(10	11(10	NUM
esutjss-245	663	12	)	)	PUNCT
esutjss-245	663	13	,	,	PUNCT
esutjss-245	663	14	1935	1935	NUM
esutjss-245	663	15	.	.	PUNCT
esutjss-245	664	1	https://resources.jaze.com.ng/index.php/jaze/login	https://resources.jaze.com.ng/index.php/jaze/login	NOUN
esutjss-245	664	2	page	page	NOUN
esutjss-245	664	3	7	7	NUM