id	sid	tid	token	lemma	pos
ejsice-5084	1	1	5084	5084	NUM
ejsice-5084	1	2	-	-	PUNCT
ejsice-5084	1	3	article	article	NOUN
ejsice-5084	1	4	text-17116	text-17116	ADJ
ejsice-5084	1	5	-	-	PUNCT
ejsice-5084	1	6	3	3	NUM
ejsice-5084	1	7	-	-	PUNCT
ejsice-5084	1	8	11	11	NUM
ejsice-5084	1	9	-	-	SYM
ejsice-5084	1	10	20210206	20210206	NUM
ejsice-5084	1	11	http://www.ojs.unito.it/index.php/ejsice/index	http://www.ojs.unito.it/index.php/ejsice/index	PROPN
ejsice-5084	1	12	european	european	PROPN
ejsice-5084	1	13	journal	journal	PROPN
ejsice-5084	1	14	of	of	ADP
ejsice-5084	1	15	social	social	ADJ
ejsice-5084	1	16	impact	impact	NOUN
ejsice-5084	1	17	and	and	CCONJ
ejsice-5084	1	18	circular	circular	ADJ
ejsice-5084	1	19	economy	economy	NOUN
ejsice-5084	1	20	issn	issn	NOUN
ejsice-5084	1	21	:	:	PUNCT
ejsice-5084	1	22	2704	2704	NUM
ejsice-5084	1	23	-	-	SYM
ejsice-5084	1	24	9906	9906	NUM
ejsice-5084	1	25	doi:10.13135/2704	doi:10.13135/2704	NOUN
ejsice-5084	1	26	-	-	PUNCT
ejsice-5084	1	27	9906/5084	9906/5084	NUM
ejsice-5084	1	28	published	publish	VERB
ejsice-5084	1	29	by	by	ADP
ejsice-5084	1	30	university	university	PROPN
ejsice-5084	1	31	of	of	ADP
ejsice-5084	1	32	turin	turin	PROPN
ejsice-5084	1	33	http://www.ojs.unito.it/index.php/ejsice/index	http://www.ojs.unito.it/index.php/ejsice/index	PROPN
ejsice-5084	1	34	ejsice	ejsice	PROPN
ejsice-5084	1	35	content	content	NOUN
ejsice-5084	1	36	is	be	AUX
ejsice-5084	1	37	licensed	license	VERB
ejsice-5084	1	38	under	under	ADP
ejsice-5084	1	39	a	a	DET
ejsice-5084	1	40	creative	creative	ADJ
ejsice-5084	1	41	commons	common	NOUN
ejsice-5084	1	42	attribution	attribution	NOUN
ejsice-5084	1	43	4.0	4.0	NUM
ejsice-5084	1	44	internationallicense	internationallicense	NOUN
ejsice-5084	1	45	1	1	NUM
ejsice-5084	1	46	good	good	ADJ
ejsice-5084	1	47	governance	governance	NOUN
ejsice-5084	1	48	:	:	PUNCT
ejsice-5084	1	49	the	the	DET
ejsice-5084	1	50	impact	impact	NOUN
ejsice-5084	1	51	on	on	ADP
ejsice-5084	1	52	the	the	DET
ejsice-5084	1	53	performance	performance	NOUN
ejsice-5084	1	54	of	of	ADP
ejsice-5084	1	55	tunisian	tunisian	ADJ
ejsice-5084	1	56	listed	list	VERB
ejsice-5084	1	57	companies	company	NOUN
ejsice-5084	1	58	ammar	ammar	PROPN
ejsice-5084	1	59	samout1	samout1	PROPN
ejsice-5084	1	60	,	,	PUNCT
ejsice-5084	1	61	boutheina	boutheina	PROPN
ejsice-5084	1	62	marnissi2	marnissi2	PROPN
ejsice-5084	1	63	1department	1department	NUM
ejsice-5084	1	64	of	of	ADP
ejsice-5084	1	65	management	management	NOUN
ejsice-5084	1	66	science	science	NOUN
ejsice-5084	1	67	,	,	PUNCT
ejsice-5084	1	68	faculty	faculty	NOUN
ejsice-5084	1	69	of	of	ADP
ejsice-5084	1	70	economics	economic	NOUN
ejsice-5084	1	71	and	and	CCONJ
ejsice-5084	1	72	management	management	NOUN
ejsice-5084	1	73	of	of	ADP
ejsice-5084	1	74	sfax	sfax	ADJ
ejsice-5084	1	75	-	-	PUNCT
ejsice-5084	1	76	tunisia	tunisia	NOUN
ejsice-5084	1	77	2laboratory	2laboratory	NUM
ejsice-5084	1	78	of	of	ADP
ejsice-5084	1	79	epidemiology	epidemiology	NOUN
ejsice-5084	1	80	and	and	CCONJ
ejsice-5084	1	81	veterinary	veterinary	ADJ
ejsice-5084	1	82	microbiology	microbiology	NOUN
ejsice-5084	1	83	,	,	PUNCT
ejsice-5084	1	84	institute	institute	NOUN
ejsice-5084	1	85	pasteur	pasteur	PROPN
ejsice-5084	1	86	of	of	ADP
ejsice-5084	1	87	tunis	tunis	PROPN
ejsice-5084	1	88	,	,	PUNCT
ejsice-5084	1	89	university	university	NOUN
ejsice-5084	1	90	tunis	tunis	NOUN
ejsice-5084	1	91	el	el	PROPN
ejsice-5084	1	92	manar	manar	PROPN
ejsice-5084	1	93	,	,	PUNCT
ejsice-5084	1	94	tunis	tunis	PROPN
ejsice-5084	1	95	,	,	PUNCT
ejsice-5084	1	96	tunisia	tunisia	NOUN
ejsice-5084	1	97	e	e	NOUN
ejsice-5084	1	98	-	-	NOUN
ejsice-5084	1	99	mail	mail	NOUN
ejsice-5084	1	100	:	:	PUNCT
ejsice-5084	1	101	boutheinamarnissi90@gmail.com	boutheinamarnissi90@gmail.com	X
ejsice-5084	1	102	received	receive	VERB
ejsice-5084	1	103	:	:	PUNCT
ejsice-5084	1	104	12/09/2020	12/09/2020	NUM
ejsice-5084	1	105	revised	revise	VERB
ejsice-5084	1	106	:	:	PUNCT
ejsice-5084	1	107	09/11/2020	09/11/2020	NUM
ejsice-5084	1	108	accepted	accept	VERB
ejsice-5084	1	109	for	for	ADP
ejsice-5084	1	110	publication	publication	NOUN
ejsice-5084	1	111	:	:	PUNCT
ejsice-5084	1	112	15/11/2020	15/11/2020	NUM
ejsice-5084	1	113	published	publish	VERB
ejsice-5084	1	114	:	:	PUNCT
ejsice-5084	1	115	08/03/2021	08/03/2021	NUM
ejsice-5084	1	116	abstract	abstract	ADJ
ejsice-5084	1	117	the	the	DET
ejsice-5084	1	118	purpose	purpose	NOUN
ejsice-5084	1	119	of	of	ADP
ejsice-5084	1	120	our	our	PRON
ejsice-5084	1	121	research	research	NOUN
ejsice-5084	1	122	is	be	AUX
ejsice-5084	1	123	to	to	PART
ejsice-5084	1	124	study	study	VERB
ejsice-5084	1	125	the	the	DET
ejsice-5084	1	126	impact	impact	NOUN
ejsice-5084	1	127	of	of	ADP
ejsice-5084	1	128	governance	governance	NOUN
ejsice-5084	1	129	tools	tool	NOUN
ejsice-5084	1	130	on	on	ADP
ejsice-5084	1	131	tunisian	tunisian	ADJ
ejsice-5084	1	132	company	company	NOUN
ejsice-5084	1	133	performance	performance	NOUN
ejsice-5084	1	134	.	.	PUNCT
ejsice-5084	2	1	empirical	empirical	ADJ
ejsice-5084	2	2	verification	verification	NOUN
ejsice-5084	2	3	conducted	conduct	VERB
ejsice-5084	2	4	by	by	ADP
ejsice-5084	2	5	an	an	DET
ejsice-5084	2	6	expert	expert	NOUN
ejsice-5084	2	7	panel	panel	NOUN
ejsice-5084	2	8	composed	compose	VERB
ejsice-5084	2	9	of	of	ADP
ejsice-5084	2	10	100	100	NUM
ejsice-5084	2	11	tunisian	tunisian	ADJ
ejsice-5084	2	12	companies	company	NOUN
ejsice-5084	2	13	listed	list	VERB
ejsice-5084	2	14	on	on	ADP
ejsice-5084	2	15	the	the	DET
ejsice-5084	2	16	tunis	tunis	NOUN
ejsice-5084	2	17	stock	stock	NOUN
ejsice-5084	2	18	exchange	exchange	PROPN
ejsice-5084	2	19	.	.	PUNCT
ejsice-5084	3	1	the	the	DET
ejsice-5084	3	2	observation	observation	NOUN
ejsice-5084	3	3	period	period	NOUN
ejsice-5084	3	4	is	be	AUX
ejsice-5084	3	5	10	10	NUM
ejsice-5084	3	6	years	year	NOUN
ejsice-5084	3	7	,	,	PUNCT
ejsice-5084	3	8	from	from	ADP
ejsice-5084	3	9	2008	2008	NUM
ejsice-5084	3	10	to	to	ADP
ejsice-5084	3	11	2018	2018	NUM
ejsice-5084	3	12	.	.	PUNCT
ejsice-5084	4	1	it	it	PRON
ejsice-5084	4	2	shows	show	VERB
ejsice-5084	4	3	that	that	SCONJ
ejsice-5084	4	4	the	the	DET
ejsice-5084	4	5	composition	composition	NOUN
ejsice-5084	4	6	of	of	ADP
ejsice-5084	4	7	the	the	DET
ejsice-5084	4	8	board	board	NOUN
ejsice-5084	4	9	of	of	ADP
ejsice-5084	4	10	directors	director	NOUN
ejsice-5084	4	11	,	,	PUNCT
ejsice-5084	4	12	the	the	DET
ejsice-5084	4	13	remuneration	remuneration	NOUN
ejsice-5084	4	14	system	system	NOUN
ejsice-5084	4	15	,	,	PUNCT
ejsice-5084	4	16	shareholders	shareholder	NOUN
ejsice-5084	4	17	and	and	CCONJ
ejsice-5084	4	18	information	information	NOUN
ejsice-5084	4	19	disclosure	disclosure	NOUN
ejsice-5084	4	20	on	on	ADP
ejsice-5084	4	21	the	the	DET
ejsice-5084	4	22	performance	performance	NOUN
ejsice-5084	4	23	of	of	ADP
ejsice-5084	4	24	these	these	DET
ejsice-5084	4	25	banks	bank	NOUN
ejsice-5084	4	26	which	which	PRON
ejsice-5084	4	27	have	have	VERB
ejsice-5084	4	28	a	a	DET
ejsice-5084	4	29	positive	positive	ADJ
ejsice-5084	4	30	impact	impact	NOUN
ejsice-5084	4	31	.	.	PUNCT
ejsice-5084	5	1	on	on	ADP
ejsice-5084	5	2	the	the	DET
ejsice-5084	5	3	other	other	ADJ
ejsice-5084	5	4	hand	hand	NOUN
ejsice-5084	5	5	,	,	PUNCT
ejsice-5084	5	6	for	for	ADP
ejsice-5084	5	7	the	the	DET
ejsice-5084	5	8	two	two	NUM
ejsice-5084	5	9	performance	performance	NOUN
ejsice-5084	5	10	indicators	indicator	NOUN
ejsice-5084	5	11	(	(	PUNCT
ejsice-5084	5	12	roe	roe	NOUN
ejsice-5084	5	13	and	and	CCONJ
ejsice-5084	5	14	roa	roa	PROPN
ejsice-5084	5	15	)	)	PUNCT
ejsice-5084	5	16	,	,	PUNCT
ejsice-5084	5	17	the	the	DET
ejsice-5084	5	18	age	age	NOUN
ejsice-5084	5	19	of	of	ADP
ejsice-5084	5	20	the	the	DET
ejsice-5084	5	21	company	company	NOUN
ejsice-5084	5	22	is	be	AUX
ejsice-5084	5	23	not	not	PART
ejsice-5084	5	24	important	important	ADJ
ejsice-5084	5	25	.	.	PUNCT
ejsice-5084	6	1	keywords	keyword	NOUN
ejsice-5084	6	2	:	:	PUNCT
ejsice-5084	6	3	governance	governance	NOUN
ejsice-5084	6	4	;	;	PUNCT
ejsice-5084	6	5	performance	performance	NOUN
ejsice-5084	6	6	;	;	PUNCT
ejsice-5084	6	7	director	director	NOUN
ejsice-5084	6	8	board	board	PROPN
ejsice-5084	6	9	1	1	NUM
ejsice-5084	6	10	.	.	PUNCT
ejsice-5084	7	1	introduction	introduction	NOUN
ejsice-5084	7	2	governance	governance	NOUN
ejsice-5084	7	3	is	be	AUX
ejsice-5084	7	4	a	a	DET
ejsice-5084	7	5	concept	concept	NOUN
ejsice-5084	7	6	that	that	PRON
ejsice-5084	7	7	has	have	AUX
ejsice-5084	7	8	evolved	evolve	VERB
ejsice-5084	7	9	a	a	DET
ejsice-5084	7	10	lot	lot	NOUN
ejsice-5084	7	11	since	since	SCONJ
ejsice-5084	7	12	the	the	DET
ejsice-5084	7	13	emergency	emergency	NOUN
ejsice-5084	7	14	of	of	ADP
ejsice-5084	7	15	1980s	1980s	NUM
ejsice-5084	7	16	,	,	PUNCT
ejsice-5084	7	17	and	and	CCONJ
ejsice-5084	7	18	on	on	ADP
ejsice-5084	7	19	the	the	DET
ejsice-5084	7	20	other	other	ADJ
ejsice-5084	7	21	hand	hand	NOUN
ejsice-5084	7	22	the	the	DET
ejsice-5084	7	23	debates	debate	NOUN
ejsice-5084	7	24	around	around	ADP
ejsice-5084	7	25	this	this	DET
ejsice-5084	7	26	issue	issue	NOUN
ejsice-5084	7	27	of	of	ADP
ejsice-5084	7	28	the	the	DET
ejsice-5084	7	29	interests	interest	NOUN
ejsice-5084	7	30	involved.even	involved.even	VERB
ejsice-5084	7	31	in	in	ADP
ejsice-5084	7	32	political	political	ADJ
ejsice-5084	7	33	science	science	NOUN
ejsice-5084	7	34	the	the	DET
ejsice-5084	7	35	first	first	ADJ
ejsice-5084	7	36	classical	classical	ADJ
ejsice-5084	7	37	essays	essay	NOUN
ejsice-5084	7	38	on	on	ADP
ejsice-5084	7	39	the	the	DET
ejsice-5084	7	40	subject	subject	NOUN
ejsice-5084	7	41	says	say	VERB
ejsice-5084	7	42	about	about	ADP
ejsice-5084	7	43	the	the	DET
ejsice-5084	7	44	concept	concept	NOUN
ejsice-5084	7	45	centered	center	VERB
ejsice-5084	7	46	on	on	ADP
ejsice-5084	7	47	two	two	NUM
ejsice-5084	7	48	main	main	ADJ
ejsice-5084	7	49	components	component	NOUN
ejsice-5084	7	50	:	:	PUNCT
ejsice-5084	7	51	law	law	NOUN
ejsice-5084	7	52	then	then	ADV
ejsice-5084	7	53	order	order	NOUN
ejsice-5084	7	54	,	,	PUNCT
ejsice-5084	7	55	governance	governance	NOUN
ejsice-5084	7	56	today	today	NOUN
ejsice-5084	7	57	addresses	address	NOUN
ejsice-5084	7	58	issues	issue	NOUN
ejsice-5084	7	59	related	relate	VERB
ejsice-5084	7	60	to	to	ADP
ejsice-5084	7	61	the	the	DET
ejsice-5084	7	62	mechanisms	mechanism	NOUN
ejsice-5084	7	63	necessary	necessary	ADJ
ejsice-5084	7	64	to	to	PART
ejsice-5084	7	65	negotiate	negotiate	VERB
ejsice-5084	7	66	the	the	DET
ejsice-5084	7	67	various	various	ADJ
ejsice-5084	7	68	interests	interest	NOUN
ejsice-5084	7	69	of	of	ADP
ejsice-5084	7	70	society	society	NOUN
ejsice-5084	7	71	by	by	ADP
ejsice-5084	7	72	the	the	DET
ejsice-5084	7	73	way	way	NOUN
ejsice-5084	7	74	the	the	DET
ejsice-5084	7	75	broad	broad	ADJ
ejsice-5084	7	76	notion	notion	NOUN
ejsice-5084	7	77	covers	cover	VERB
ejsice-5084	7	78	the	the	DET
ejsice-5084	7	79	different	different	ADJ
ejsice-5084	7	80	ways	way	NOUN
ejsice-5084	7	81	in	in	ADP
ejsice-5084	7	82	which	which	PRON
ejsice-5084	7	83	individuals	individual	NOUN
ejsice-5084	7	84	and	and	CCONJ
ejsice-5084	7	85	groups	group	NOUN
ejsice-5084	7	86	organize	organize	VERB
ejsice-5084	7	87	themselves	themselves	PRON
ejsice-5084	7	88	to	to	PART
ejsice-5084	7	89	achieve	achieve	VERB
ejsice-5084	7	90	common	common	ADJ
ejsice-5084	7	91	goals	goal	NOUN
ejsice-5084	7	92	.	.	PUNCT
ejsice-5084	8	1	the	the	DET
ejsice-5084	8	2	literature	literature	NOUN
ejsice-5084	8	3	is	be	AUX
ejsice-5084	8	4	full	full	ADJ
ejsice-5084	8	5	of	of	ADP
ejsice-5084	8	6	works	work	NOUN
ejsice-5084	8	7	attempted	attempt	VERB
ejsice-5084	8	8	to	to	PART
ejsice-5084	8	9	test	test	VERB
ejsice-5084	8	10	the	the	DET
ejsice-5084	8	11	effect	effect	NOUN
ejsice-5084	8	12	of	of	ADP
ejsice-5084	8	13	governance	governance	NOUN
ejsice-5084	8	14	on	on	ADP
ejsice-5084	8	15	performance	performance	NOUN
ejsice-5084	8	16	and	and	CCONJ
ejsice-5084	8	17	most	most	ADJ
ejsice-5084	8	18	of	of	ADP
ejsice-5084	8	19	these	these	DET
ejsice-5084	8	20	works	work	NOUN
ejsice-5084	8	21	show	show	VERB
ejsice-5084	8	22	that	that	SCONJ
ejsice-5084	8	23	governance	governance	NOUN
ejsice-5084	8	24	has	have	VERB
ejsice-5084	8	25	a	a	DET
ejsice-5084	8	26	significant	significant	ADJ
ejsice-5084	8	27	effect	effect	NOUN
ejsice-5084	8	28	on	on	ADP
ejsice-5084	8	29	the	the	DET
ejsice-5084	8	30	performance	performance	NOUN
ejsice-5084	8	31	of	of	ADP
ejsice-5084	8	32	the	the	DET
ejsice-5084	8	33	company	company	NOUN
ejsice-5084	8	34	and	and	CCONJ
ejsice-5084	8	35	on	on	ADP
ejsice-5084	8	36	its	its	PRON
ejsice-5084	8	37	http://www.ojs.unito.it/index.php/ejsice/index	http://www.ojs.unito.it/index.php/ejsice/index	PROPN
ejsice-5084	8	38	european	european	PROPN
ejsice-5084	8	39	journal	journal	PROPN
ejsice-5084	8	40	of	of	ADP
ejsice-5084	8	41	social	social	ADJ
ejsice-5084	8	42	impact	impact	NOUN
ejsice-5084	8	43	and	and	CCONJ
ejsice-5084	8	44	circular	circular	ADJ
ejsice-5084	8	45	economy	economy	NOUN
ejsice-5084	8	46	issn	issn	NOUN
ejsice-5084	8	47	:	:	PUNCT
ejsice-5084	8	48	2704	2704	NUM
ejsice-5084	8	49	-	-	SYM
ejsice-5084	8	50	9906	9906	NUM
ejsice-5084	8	51	doi:10.13135/2704	doi:10.13135/2704	NOUN
ejsice-5084	8	52	-	-	PUNCT
ejsice-5084	8	53	9906/5084	9906/5084	NUM
ejsice-5084	8	54	published	publish	VERB
ejsice-5084	8	55	by	by	ADP
ejsice-5084	8	56	university	university	PROPN
ejsice-5084	8	57	of	of	ADP
ejsice-5084	8	58	turin	turin	PROPN
ejsice-5084	8	59	http://www.ojs.unito.it/index.php/ejsice/index	http://www.ojs.unito.it/index.php/ejsice/index	PROPN
ejsice-5084	8	60	ejsice	ejsice	PROPN
ejsice-5084	8	61	content	content	NOUN
ejsice-5084	8	62	is	be	AUX
ejsice-5084	8	63	licensed	license	VERB
ejsice-5084	8	64	under	under	ADP
ejsice-5084	8	65	a	a	DET
ejsice-5084	8	66	creative	creative	ADJ
ejsice-5084	8	67	commons	common	NOUN
ejsice-5084	8	68	attribution	attribution	NOUN
ejsice-5084	8	69	4.0	4.0	NUM
ejsice-5084	8	70	internationallicense	internationallicense	NOUN
ejsice-5084	8	71	2	2	NUM
ejsice-5084	8	72	value	value	NOUN
ejsice-5084	8	73	in	in	ADP
ejsice-5084	8	74	the	the	DET
ejsice-5084	8	75	market	market	NOUN
ejsice-5084	8	76	,	,	PUNCT
ejsice-5084	8	77	and	and	CCONJ
ejsice-5084	8	78	this	this	PRON
ejsice-5084	8	79	for	for	ADP
ejsice-5084	8	80	different	different	ADJ
ejsice-5084	8	81	contexts	context	NOUN
ejsice-5084	8	82	and	and	CCONJ
ejsice-5084	8	83	performance	performance	NOUN
ejsice-5084	8	84	indicators.among	indicators.among	NUM
ejsice-5084	8	85	these	these	DET
ejsice-5084	8	86	studies	study	NOUN
ejsice-5084	8	87	we	we	PRON
ejsice-5084	8	88	can	can	AUX
ejsice-5084	8	89	cite	cite	VERB
ejsice-5084	8	90	that	that	PRON
ejsice-5084	8	91	of	of	ADP
ejsice-5084	8	92	widodo	widodo	PROPN
ejsice-5084	8	93	,	,	PUNCT
ejsice-5084	8	94	ds	ds	ADJ
ejsice-5084	8	95	,	,	PUNCT
ejsice-5084	8	96	silitonga	silitonga	ADV
ejsice-5084	8	97	,	,	PUNCT
ejsice-5084	8	98	p.	p.	PROPN
ejsice-5084	8	99	,	,	PUNCT
ejsice-5084	8	100	&	&	CCONJ
ejsice-5084	8	101	ali	ali	PROPN
ejsice-5084	8	102	,	,	PUNCT
ejsice-5084	8	103	h.	h.	PROPN
ejsice-5084	8	104	(	(	PUNCT
ejsice-5084	8	105	2020	2020	NUM
ejsice-5084	8	106	)	)	PUNCT
ejsice-5084	8	107	)	)	PUNCT
ejsice-5084	8	108	,	,	PUNCT
ejsice-5084	8	109	coffey	coffey	PROPN
ejsice-5084	8	110	,	,	PUNCT
ejsice-5084	8	111	b.	b.	PROPN
ejsice-5084	8	112	,	,	PUNCT
ejsice-5084	8	113	bush	bush	PROPN
ejsice-5084	8	114	,	,	PUNCT
ejsice-5084	8	115	j.	j.	PROPN
ejsice-5084	8	116	,	,	PUNCT
ejsice-5084	8	117	mumaw	mumaw	PROPN
ejsice-5084	8	118	,	,	PUNCT
ejsice-5084	8	119	l.	l.	PROPN
ejsice-5084	8	120	,	,	PUNCT
ejsice-5084	8	121	de	de	PROPN
ejsice-5084	8	122	kleyn	kleyn	PROPN
ejsice-5084	8	123	,	,	PUNCT
ejsice-5084	8	124	l.	l.	PROPN
ejsice-5084	8	125	,	,	PUNCT
ejsice-5084	8	126	furlong	furlong	ADJ
ejsice-5084	8	127	,	,	PUNCT
ejsice-5084	8	128	c.	c.	PROPN
ejsice-5084	8	129	,	,	PUNCT
ejsice-5084	8	130	&	&	CCONJ
ejsice-5084	8	131	cretney	cretney	PROPN
ejsice-5084	8	132	,	,	PUNCT
ejsice-5084	8	133	r.	r.	PROPN
ejsice-5084	8	134	(	(	PUNCT
ejsice-5084	8	135	2020	2020	NUM
ejsice-5084	8	136	)	)	PUNCT
ejsice-5084	8	137	and	and	CCONJ
ejsice-5084	8	138	beshi	beshi	NOUN
ejsice-5084	8	139	,	,	PUNCT
ejsice-5084	8	140	t.	t.	PROPN
ejsice-5084	8	141	d.	d.	PROPN
ejsice-5084	8	142	,	,	PUNCT
ejsice-5084	8	143	&	&	CCONJ
ejsice-5084	8	144	kaur	kaur	PROPN
ejsice-5084	8	145	,	,	PUNCT
ejsice-5084	8	146	r.	r.	PROPN
ejsice-5084	8	147	(	(	PUNCT
ejsice-5084	8	148	2020).most	2020).most	NUM
ejsice-5084	8	149	governance	governance	NOUN
ejsice-5084	8	150	studies	study	NOUN
ejsice-5084	8	151	ignored	ignore	VERB
ejsice-5084	8	152	governance	governance	NOUN
ejsice-5084	8	153	issues	issue	NOUN
ejsice-5084	8	154	at	at	ADP
ejsice-5084	8	155	the	the	DET
ejsice-5084	8	156	level	level	NOUN
ejsice-5084	8	157	of	of	ADP
ejsice-5084	8	158	listed	list	VERB
ejsice-5084	8	159	companies	company	NOUN
ejsice-5084	8	160	mainly	mainly	ADV
ejsice-5084	8	161	in	in	ADP
ejsice-5084	8	162	emerging	emerge	VERB
ejsice-5084	8	163	countries	country	NOUN
ejsice-5084	8	164	(	(	PUNCT
ejsice-5084	8	165	sajko	sajko	NOUN
ejsice-5084	8	166	,	,	PUNCT
ejsice-5084	8	167	m.	m.	NOUN
ejsice-5084	8	168	,	,	PUNCT
ejsice-5084	8	169	boone	boone	PROPN
ejsice-5084	8	170	,	,	PUNCT
ejsice-5084	8	171	c.	c.	PROPN
ejsice-5084	8	172	,	,	PUNCT
ejsice-5084	8	173	&	&	CCONJ
ejsice-5084	8	174	wernicke	wernicke	PROPN
ejsice-5084	8	175	,	,	PUNCT
ejsice-5084	8	176	g.	g.	PROPN
ejsice-5084	8	177	2017	2017	NUM
ejsice-5084	8	178	)	)	PUNCT
ejsice-5084	8	179	.	.	PUNCT
ejsice-5084	9	1	however	however	ADV
ejsice-5084	9	2	,	,	PUNCT
ejsice-5084	9	3	this	this	DET
ejsice-5084	9	4	theme	theme	NOUN
ejsice-5084	9	5	is	be	AUX
ejsice-5084	9	6	important	important	ADJ
ejsice-5084	9	7	for	for	ADP
ejsice-5084	9	8	several	several	ADJ
ejsice-5084	9	9	reasons	reason	NOUN
ejsice-5084	9	10	.	.	PUNCT
ejsice-5084	10	1	listed	list	VERB
ejsice-5084	10	2	companies	company	NOUN
ejsice-5084	10	3	occupy	occupy	VERB
ejsice-5084	10	4	a	a	DET
ejsice-5084	10	5	preponderant	preponderant	ADJ
ejsice-5084	10	6	role	role	NOUN
ejsice-5084	10	7	in	in	ADP
ejsice-5084	10	8	the	the	DET
ejsice-5084	10	9	economies	economy	NOUN
ejsice-5084	10	10	of	of	ADP
ejsice-5084	10	11	countries.they	countries.they	PRON
ejsice-5084	10	12	are	be	AUX
ejsice-5084	10	13	a	a	DET
ejsice-5084	10	14	major	major	ADJ
ejsice-5084	10	15	component	component	NOUN
ejsice-5084	10	16	of	of	ADP
ejsice-5084	10	17	any	any	DET
ejsice-5084	10	18	national	national	ADJ
ejsice-5084	10	19	economy	economy	NOUN
ejsice-5084	10	20	.	.	PUNCT
ejsice-5084	11	1	the	the	DET
ejsice-5084	11	2	change	change	NOUN
ejsice-5084	11	3	of	of	ADP
ejsice-5084	11	4	the	the	DET
ejsice-5084	11	5	international	international	ADJ
ejsice-5084	11	6	context	context	NOUN
ejsice-5084	11	7	following	follow	VERB
ejsice-5084	11	8	globalization	globalization	NOUN
ejsice-5084	11	9	,	,	PUNCT
ejsice-5084	11	10	liberalization	liberalization	NOUN
ejsice-5084	11	11	,	,	PUNCT
ejsice-5084	11	12	deregulation	deregulation	NOUN
ejsice-5084	11	13	of	of	ADP
ejsice-5084	11	14	financial	financial	ADJ
ejsice-5084	11	15	systems	system	NOUN
ejsice-5084	11	16	,	,	PUNCT
ejsice-5084	11	17	the	the	DET
ejsice-5084	11	18	adoption	adoption	NOUN
ejsice-5084	11	19	of	of	ADP
ejsice-5084	11	20	new	new	ADJ
ejsice-5084	11	21	technologies	technology	NOUN
ejsice-5084	11	22	affects	affect	VERB
ejsice-5084	11	23	the	the	DET
ejsice-5084	11	24	functioning	functioning	NOUN
ejsice-5084	11	25	of	of	ADP
ejsice-5084	11	26	these	these	DET
ejsice-5084	11	27	type	type	NOUN
ejsice-5084	11	28	of	of	ADP
ejsice-5084	11	29	business.the	business.the	DET
ejsice-5084	11	30	business	business	NOUN
ejsice-5084	11	31	sector	sector	NOUN
ejsice-5084	11	32	has	have	VERB
ejsice-5084	11	33	a	a	DET
ejsice-5084	11	34	big	big	ADJ
ejsice-5084	11	35	role	role	NOUN
ejsice-5084	11	36	in	in	ADP
ejsice-5084	11	37	the	the	DET
ejsice-5084	11	38	economic	economic	ADJ
ejsice-5084	11	39	and	and	CCONJ
ejsice-5084	11	40	social	social	ADJ
ejsice-5084	11	41	development	development	NOUN
ejsice-5084	11	42	of	of	ADP
ejsice-5084	11	43	our	our	PRON
ejsice-5084	11	44	country	country	NOUN
ejsice-5084	11	45	.	.	PUNCT
ejsice-5084	12	1	its	its	PRON
ejsice-5084	12	2	direct	direct	ADJ
ejsice-5084	12	3	involvement	involvement	NOUN
ejsice-5084	12	4	in	in	ADP
ejsice-5084	12	5	the	the	DET
ejsice-5084	12	6	implementation	implementation	NOUN
ejsice-5084	12	7	of	of	ADP
ejsice-5084	12	8	public	public	ADJ
ejsice-5084	12	9	sector	sector	NOUN
ejsice-5084	12	10	strategies	strategy	NOUN
ejsice-5084	12	11	justifies	justify	VERB
ejsice-5084	12	12	the	the	DET
ejsice-5084	12	13	strengthening	strengthening	NOUN
ejsice-5084	12	14	of	of	ADP
ejsice-5084	12	15	corporate	corporate	ADJ
ejsice-5084	12	16	governance	governance	NOUN
ejsice-5084	12	17	practices	practice	NOUN
ejsice-5084	12	18	with	with	ADP
ejsice-5084	12	19	a	a	DET
ejsice-5084	12	20	view	view	NOUN
ejsice-5084	12	21	to	to	ADP
ejsice-5084	12	22	greater	great	ADJ
ejsice-5084	12	23	efficiency	efficiency	NOUN
ejsice-5084	12	24	and	and	CCONJ
ejsice-5084	12	25	performance	performance	NOUN
ejsice-5084	12	26	.	.	PUNCT
ejsice-5084	13	1	despite	despite	SCONJ
ejsice-5084	13	2	structural	structural	ADJ
ejsice-5084	13	3	changes	change	NOUN
ejsice-5084	13	4	in	in	ADP
ejsice-5084	13	5	the	the	DET
ejsice-5084	13	6	financial	financial	ADJ
ejsice-5084	13	7	system	system	NOUN
ejsice-5084	13	8	in	in	ADP
ejsice-5084	13	9	tunisia	tunisia	NOUN
ejsice-5084	13	10	which	which	PRON
ejsice-5084	13	11	have	have	AUX
ejsice-5084	13	12	strengthened	strengthen	VERB
ejsice-5084	13	13	the	the	DET
ejsice-5084	13	14	role	role	NOUN
ejsice-5084	13	15	of	of	ADP
ejsice-5084	13	16	the	the	DET
ejsice-5084	13	17	financial	financial	ADJ
ejsice-5084	13	18	market	market	NOUN
ejsice-5084	13	19	from	from	ADP
ejsice-5084	13	20	1990s	1990s	NUM
ejsice-5084	13	21	,	,	PUNCT
ejsice-5084	13	22	listed	list	VERB
ejsice-5084	13	23	companies	company	NOUN
ejsice-5084	13	24	still	still	ADV
ejsice-5084	13	25	remain	remain	VERB
ejsice-5084	13	26	also	also	ADV
ejsice-5084	13	27	the	the	DET
ejsice-5084	13	28	main	main	ADJ
ejsice-5084	13	29	focus	focus	NOUN
ejsice-5084	13	30	of	of	ADP
ejsice-5084	13	31	economic	economic	ADJ
ejsice-5084	13	32	development	development	NOUN
ejsice-5084	13	33	.	.	PUNCT
ejsice-5084	14	1	in	in	ADP
ejsice-5084	14	2	view	view	NOUN
ejsice-5084	14	3	of	of	ADP
ejsice-5084	14	4	all	all	DET
ejsice-5084	14	5	these	these	DET
ejsice-5084	14	6	considerations	consideration	NOUN
ejsice-5084	14	7	,	,	PUNCT
ejsice-5084	14	8	it	it	PRON
ejsice-5084	14	9	is	be	AUX
ejsice-5084	14	10	interesting	interesting	ADJ
ejsice-5084	14	11	to	to	PART
ejsice-5084	14	12	conduct	conduct	VERB
ejsice-5084	14	13	a	a	DET
ejsice-5084	14	14	study	study	NOUN
ejsice-5084	14	15	developed	develop	VERB
ejsice-5084	14	16	within	within	ADP
ejsice-5084	14	17	the	the	DET
ejsice-5084	14	18	framework	framework	NOUN
ejsice-5084	14	19	of	of	ADP
ejsice-5084	14	20	listed	list	VERB
ejsice-5084	14	21	companies	company	NOUN
ejsice-5084	14	22	.	.	PUNCT
ejsice-5084	15	1	our	our	PRON
ejsice-5084	15	2	work	work	NOUN
ejsice-5084	15	3	is	be	AUX
ejsice-5084	15	4	inspired	inspire	VERB
ejsice-5084	15	5	by	by	ADP
ejsice-5084	15	6	research	research	NOUN
ejsice-5084	15	7	related	relate	VERB
ejsice-5084	15	8	to	to	ADP
ejsice-5084	15	9	corporate	corporate	ADJ
ejsice-5084	15	10	governance	governance	NOUN
ejsice-5084	15	11	and	and	CCONJ
ejsice-5084	15	12	proposing	propose	VERB
ejsice-5084	15	13	several	several	ADJ
ejsice-5084	15	14	control	control	NOUN
ejsice-5084	15	15	mechanisms	mechanism	NOUN
ejsice-5084	15	16	to	to	PART
ejsice-5084	15	17	improve	improve	VERB
ejsice-5084	15	18	performance	performance	NOUN
ejsice-5084	15	19	(	(	PUNCT
ejsice-5084	15	20	widodo	widodo	PROPN
ejsice-5084	15	21	,	,	PUNCT
ejsice-5084	15	22	d.	d.	PROPN
ejsice-5084	15	23	s.	s.	PROPN
ejsice-5084	15	24	,	,	PUNCT
ejsice-5084	15	25	silitonga	silitonga	ADV
ejsice-5084	15	26	,	,	PUNCT
ejsice-5084	15	27	p.	p.	PROPN
ejsice-5084	15	28	,	,	PUNCT
ejsice-5084	15	29	&	&	CCONJ
ejsice-5084	15	30	ali	ali	PROPN
ejsice-5084	15	31	,	,	PUNCT
ejsice-5084	15	32	h.	h.	PROPN
ejsice-5084	15	33	(	(	PUNCT
ejsice-5084	15	34	2020	2020	NUM
ejsice-5084	15	35	)	)	PUNCT
ejsice-5084	15	36	and	and	CCONJ
ejsice-5084	15	37	hutahayan	hutahayan	ADJ
ejsice-5084	15	38	,	,	PUNCT
ejsice-5084	15	39	b.	b.	PROPN
ejsice-5084	16	1	(	(	PUNCT
ejsice-5084	16	2	2020)).our	2020)).our	NUM
ejsice-5084	16	3	ambition	ambition	NOUN
ejsice-5084	16	4	in	in	ADP
ejsice-5084	16	5	this	this	DET
ejsice-5084	16	6	research	research	NOUN
ejsice-5084	16	7	to	to	PART
ejsice-5084	16	8	determine	determine	VERB
ejsice-5084	16	9	the	the	DET
ejsice-5084	16	10	effect	effect	NOUN
ejsice-5084	16	11	of	of	ADP
ejsice-5084	16	12	governance	governance	NOUN
ejsice-5084	16	13	on	on	ADP
ejsice-5084	16	14	the	the	DET
ejsice-5084	16	15	performance	performance	NOUN
ejsice-5084	16	16	of	of	ADP
ejsice-5084	16	17	listed	list	VERB
ejsice-5084	16	18	companies.from	companies.from	NUM
ejsice-5084	16	19	this	this	DET
ejsice-5084	16	20	perspective	perspective	NOUN
ejsice-5084	16	21	,	,	PUNCT
ejsice-5084	16	22	as	as	ADP
ejsice-5084	16	23	part	part	NOUN
ejsice-5084	16	24	of	of	ADP
ejsice-5084	16	25	the	the	DET
ejsice-5084	16	26	research	research	NOUN
ejsice-5084	16	27	,	,	PUNCT
ejsice-5084	16	28	we	we	PRON
ejsice-5084	16	29	will	will	AUX
ejsice-5084	16	30	try	try	VERB
ejsice-5084	16	31	to	to	PART
ejsice-5084	16	32	provide	provide	VERB
ejsice-5084	16	33	answers	answer	NOUN
ejsice-5084	16	34	to	to	ADP
ejsice-5084	16	35	the	the	DET
ejsice-5084	16	36	following	following	ADJ
ejsice-5084	16	37	question	question	NOUN
ejsice-5084	16	38	«	«	PUNCT
ejsice-5084	16	39	will	will	AUX
ejsice-5084	16	40	the	the	DET
ejsice-5084	16	41	governance	governance	NOUN
ejsice-5084	16	42	improve	improve	VERB
ejsice-5084	16	43	the	the	DET
ejsice-5084	16	44	performance	performance	NOUN
ejsice-5084	16	45	of	of	ADP
ejsice-5084	16	46	tunisian	tunisian	ADJ
ejsice-5084	16	47	listed	list	VERB
ejsice-5084	16	48	companies	company	NOUN
ejsice-5084	16	49	?	?	PUNCT
ejsice-5084	17	1	»	»	X
ejsice-5084	17	2	.	.	PUNCT
ejsice-5084	18	1	2	2	X
ejsice-5084	18	2	.	.	X
ejsice-5084	18	3	review	review	NOUN
ejsice-5084	18	4	of	of	ADP
ejsice-5084	18	5	literature	literature	NOUN
ejsice-5084	18	6	and	and	CCONJ
ejsice-5084	18	7	formulation	formulation	NOUN
ejsice-5084	18	8	of	of	ADP
ejsice-5084	18	9	research	research	NOUN
ejsice-5084	18	10	hypotheses	hypothese	VERB
ejsice-5084	18	11	a	a	DET
ejsice-5084	18	12	large	large	ADJ
ejsice-5084	18	13	amount	amount	NOUN
ejsice-5084	18	14	of	of	ADP
ejsice-5084	18	15	literature	literature	NOUN
ejsice-5084	18	16	attempts	attempt	VERB
ejsice-5084	18	17	to	to	PART
ejsice-5084	18	18	examine	examine	VERB
ejsice-5084	18	19	the	the	DET
ejsice-5084	18	20	impact	impact	NOUN
ejsice-5084	18	21	of	of	ADP
ejsice-5084	18	22	governance	governance	NOUN
ejsice-5084	18	23	on	on	ADP
ejsice-5084	18	24	performance	performance	NOUN
ejsice-5084	18	25	,	,	PUNCT
ejsice-5084	18	26	and	and	CCONJ
ejsice-5084	18	27	most	most	ADJ
ejsice-5084	18	28	of	of	ADP
ejsice-5084	18	29	the	the	DET
ejsice-5084	18	30	work	work	NOUN
ejsice-5084	18	31	in	in	ADP
ejsice-5084	18	32	society	society	NOUN
ejsice-5084	18	33	shows	show	VERB
ejsice-5084	18	34	that	that	SCONJ
ejsice-5084	18	35	governance	governance	NOUN
ejsice-5084	18	36	has	have	VERB
ejsice-5084	18	37	a	a	DET
ejsice-5084	18	38	significant	significant	ADJ
ejsice-5084	18	39	impact	impact	NOUN
ejsice-5084	18	40	on	on	ADP
ejsice-5084	18	41	company	company	NOUN
ejsice-5084	18	42	performance	performance	NOUN
ejsice-5084	18	43	and	and	CCONJ
ejsice-5084	18	44	its	its	PRON
ejsice-5084	18	45	value	value	NOUN
ejsice-5084	18	46	in	in	ADP
ejsice-5084	18	47	the	the	DET
ejsice-5084	18	48	market	market	NOUN
ejsice-5084	18	49	,	,	PUNCT
ejsice-5084	18	50	as	as	ADV
ejsice-5084	18	51	well	well	ADV
ejsice-5084	18	52	as	as	ADP
ejsice-5084	18	53	different	different	ADJ
ejsice-5084	18	54	environments	environment	NOUN
ejsice-5084	18	55	and	and	CCONJ
ejsice-5084	18	56	performance	performance	NOUN
ejsice-5084	18	57	indicators	indicator	NOUN
ejsice-5084	18	58	.	.	PUNCT
ejsice-5084	19	1	http://www.ojs.unito.it/index.php/ejsice/index	http://www.ojs.unito.it/index.php/ejsice/index	PROPN
ejsice-5084	19	2	european	european	PROPN
ejsice-5084	19	3	journal	journal	PROPN
ejsice-5084	19	4	of	of	ADP
ejsice-5084	19	5	social	social	ADJ
ejsice-5084	19	6	impact	impact	NOUN
ejsice-5084	19	7	and	and	CCONJ
ejsice-5084	19	8	circular	circular	ADJ
ejsice-5084	19	9	economy	economy	NOUN
ejsice-5084	19	10	issn	issn	NOUN
ejsice-5084	19	11	:	:	PUNCT
ejsice-5084	19	12	2704	2704	NUM
ejsice-5084	19	13	-	-	SYM
ejsice-5084	19	14	9906	9906	NUM
ejsice-5084	19	15	doi:10.13135/2704	doi:10.13135/2704	NOUN
ejsice-5084	19	16	-	-	PUNCT
ejsice-5084	19	17	9906/5084	9906/5084	NUM
ejsice-5084	19	18	published	publish	VERB
ejsice-5084	19	19	by	by	ADP
ejsice-5084	19	20	university	university	PROPN
ejsice-5084	19	21	of	of	ADP
ejsice-5084	19	22	turin	turin	PROPN
ejsice-5084	19	23	http://www.ojs.unito.it/index.php/ejsice/index	http://www.ojs.unito.it/index.php/ejsice/index	PROPN
ejsice-5084	19	24	ejsice	ejsice	PROPN
ejsice-5084	19	25	content	content	NOUN
ejsice-5084	19	26	is	be	AUX
ejsice-5084	19	27	licensed	license	VERB
ejsice-5084	19	28	under	under	ADP
ejsice-5084	19	29	a	a	DET
ejsice-5084	19	30	creative	creative	ADJ
ejsice-5084	19	31	commons	common	NOUN
ejsice-5084	19	32	attribution	attribution	NOUN
ejsice-5084	19	33	4.0	4.0	NUM
ejsice-5084	19	34	internationallicense	internationallicense	NOUN
ejsice-5084	19	35	3	3	NUM
ejsice-5084	19	36	e.	e.	PROPN
ejsice-5084	19	37	schiehll	schiehll	PROPN
ejsice-5084	19	38	(	(	PUNCT
ejsice-5084	19	39	2004	2004	NUM
ejsice-5084	19	40	)	)	PUNCT
ejsice-5084	19	41	established	establish	VERB
ejsice-5084	19	42	the	the	DET
ejsice-5084	19	43	relationship	relationship	NOUN
ejsice-5084	19	44	between	between	ADP
ejsice-5084	19	45	company	company	NOUN
ejsice-5084	19	46	performance	performance	NOUN
ejsice-5084	19	47	and	and	CCONJ
ejsice-5084	19	48	the	the	DET
ejsice-5084	19	49	four	four	NUM
ejsice-5084	19	50	attributes	attribute	NOUN
ejsice-5084	19	51	of	of	ADP
ejsice-5084	19	52	corporate	corporate	ADJ
ejsice-5084	19	53	governance	governance	NOUN
ejsice-5084	19	54	structure	structure	NOUN
ejsice-5084	19	55	:	:	PUNCT
ejsice-5084	19	56	board	board	NOUN
ejsice-5084	19	57	composition	composition	NOUN
ejsice-5084	19	58	,	,	PUNCT
ejsice-5084	19	59	management	management	NOUN
ejsice-5084	19	60	participation	participation	NOUN
ejsice-5084	19	61	,	,	PUNCT
ejsice-5084	19	62	incentive	incentive	NOUN
ejsice-5084	19	63	compensation	compensation	NOUN
ejsice-5084	19	64	and	and	CCONJ
ejsice-5084	19	65	major	major	ADJ
ejsice-5084	19	66	shareholder	shareholder	NOUN
ejsice-5084	19	67	participation	participation	NOUN
ejsice-5084	19	68	.	.	PUNCT
ejsice-5084	20	1	the	the	DET
ejsice-5084	20	2	work	work	NOUN
ejsice-5084	20	3	carried	carry	VERB
ejsice-5084	20	4	out	out	ADP
ejsice-5084	20	5	by	by	ADP
ejsice-5084	20	6	horstmeyer	horstmeyer	NOUN
ejsice-5084	20	7	and	and	CCONJ
ejsice-5084	20	8	wells	well	NOUN
ejsice-5084	20	9	(	(	PUNCT
ejsice-5084	20	10	2017	2017	NUM
ejsice-5084	20	11	)	)	PUNCT
ejsice-5084	20	12	suggests	suggest	VERB
ejsice-5084	20	13	that	that	SCONJ
ejsice-5084	20	14	the	the	DET
ejsice-5084	20	15	effects	effect	NOUN
ejsice-5084	20	16	of	of	ADP
ejsice-5084	20	17	good	good	ADJ
ejsice-5084	20	18	governance	governance	NOUN
ejsice-5084	20	19	also	also	ADV
ejsice-5084	20	20	depend	depend	VERB
ejsice-5084	20	21	on	on	ADP
ejsice-5084	20	22	the	the	DET
ejsice-5084	20	23	economic	economic	ADJ
ejsice-5084	20	24	conditions	condition	NOUN
ejsice-5084	20	25	characterizing	characterize	VERB
ejsice-5084	20	26	a	a	DET
ejsice-5084	20	27	sector	sector	NOUN
ejsice-5084	20	28	.	.	PUNCT
ejsice-5084	21	1	shareholder	shareholder	NOUN
ejsice-5084	21	2	rights	right	NOUN
ejsice-5084	21	3	are	be	AUX
ejsice-5084	21	4	maximized	maximize	VERB
ejsice-5084	21	5	when	when	SCONJ
ejsice-5084	21	6	the	the	DET
ejsice-5084	21	7	sector	sector	NOUN
ejsice-5084	21	8	is	be	AUX
ejsice-5084	21	9	booming	booming	ADJ
ejsice-5084	21	10	,	,	PUNCT
ejsice-5084	21	11	and	and	CCONJ
ejsice-5084	21	12	appear	appear	VERB
ejsice-5084	21	13	significantly	significantly	ADV
ejsice-5084	21	14	less	less	ADV
ejsice-5084	21	15	important	important	ADJ
ejsice-5084	21	16	when	when	SCONJ
ejsice-5084	21	17	economic	economic	ADJ
ejsice-5084	21	18	conditions	condition	NOUN
ejsice-5084	21	19	are	be	AUX
ejsice-5084	21	20	bad.bauer	bad.bauer	NOUN
ejsice-5084	21	21	et	et	PROPN
ejsice-5084	21	22	al	al	PROPN
ejsice-5084	21	23	.	.	PROPN
ejsice-5084	22	1	(	(	PUNCT
ejsice-5084	22	2	2008	2008	NUM
ejsice-5084	22	3	)	)	PUNCT
ejsice-5084	22	4	used	use	VERB
ejsice-5084	22	5	data	datum	NOUN
ejsice-5084	22	6	provided	provide	VERB
ejsice-5084	22	7	by	by	ADP
ejsice-5084	22	8	the	the	DET
ejsice-5084	22	9	international	international	ADJ
ejsice-5084	22	10	governance	governance	NOUN
ejsice-5084	22	11	indicators	indicator	NOUN
ejsice-5084	22	12	(	(	PUNCT
ejsice-5084	22	13	gmi	gmi	PROPN
ejsice-5084	22	14	)	)	PUNCT
ejsice-5084	22	15	.	.	PUNCT
ejsice-5084	23	1	the	the	DET
ejsice-5084	23	2	japanese	japanese	ADJ
ejsice-5084	23	3	companies	company	NOUN
ejsice-5084	23	4	in	in	ADP
ejsice-5084	23	5	the	the	DET
ejsice-5084	23	6	sample	sample	NOUN
ejsice-5084	23	7	are	be	AUX
ejsice-5084	23	8	classified	classify	VERB
ejsice-5084	23	9	according	accord	VERB
ejsice-5084	23	10	to	to	ADP
ejsice-5084	23	11	six	six	NUM
ejsice-5084	23	12	governance	governance	NOUN
ejsice-5084	23	13	dimensions	dimension	NOUN
ejsice-5084	23	14	.	.	PUNCT
ejsice-5084	24	1	the	the	DET
ejsice-5084	24	2	author	author	NOUN
ejsice-5084	24	3	analyzes	analyze	VERB
ejsice-5084	24	4	the	the	DET
ejsice-5084	24	5	impact	impact	NOUN
ejsice-5084	24	6	of	of	ADP
ejsice-5084	24	7	governance	governance	NOUN
ejsice-5084	24	8	quality	quality	NOUN
ejsice-5084	24	9	on	on	ADP
ejsice-5084	24	10	its	its	PRON
ejsice-5084	24	11	performance	performance	NOUN
ejsice-5084	24	12	.	.	PUNCT
ejsice-5084	25	1	using	use	VERB
ejsice-5084	25	2	the	the	DET
ejsice-5084	25	3	total	total	ADJ
ejsice-5084	25	4	index	index	NOUN
ejsice-5084	25	5	shows	show	VERB
ejsice-5084	25	6	that	that	SCONJ
ejsice-5084	25	7	companies	company	NOUN
ejsice-5084	25	8	with	with	ADP
ejsice-5084	25	9	higher	high	ADJ
ejsice-5084	25	10	governance	governance	NOUN
ejsice-5084	25	11	levels	level	NOUN
ejsice-5084	25	12	outperform	outperform	VERB
ejsice-5084	25	13	other	other	ADJ
ejsice-5084	25	14	companies	company	NOUN
ejsice-5084	25	15	at	at	ADP
ejsice-5084	25	16	rate	rate	NOUN
ejsice-5084	25	17	of	of	ADP
ejsice-5084	25	18	15	15	NUM
ejsice-5084	25	19	%	%	NOUN
ejsice-5084	25	20	each	each	DET
ejsice-5084	25	21	year.evenly	year.evenly	ADV
ejsice-5084	25	22	,	,	PUNCT
ejsice-5084	25	23	recent	recent	ADJ
ejsice-5084	25	24	work	work	NOUN
ejsice-5084	25	25	by	by	ADP
ejsice-5084	25	26	horstmeyer	horstmeyer	NOUN
ejsice-5084	25	27	and	and	CCONJ
ejsice-5084	25	28	wells	wells	PROPN
ejsice-5084	25	29	(	(	PUNCT
ejsice-5084	25	30	2017	2017	NUM
ejsice-5084	25	31	)	)	PUNCT
ejsice-5084	25	32	suggests	suggest	VERB
ejsice-5084	25	33	that	that	SCONJ
ejsice-5084	25	34	the	the	DET
ejsice-5084	25	35	effects	effect	NOUN
ejsice-5084	25	36	of	of	ADP
ejsice-5084	25	37	good	good	ADJ
ejsice-5084	25	38	governance	governance	NOUN
ejsice-5084	25	39	also	also	ADV
ejsice-5084	25	40	depend	depend	VERB
ejsice-5084	25	41	on	on	ADP
ejsice-5084	25	42	the	the	DET
ejsice-5084	25	43	economic	economic	ADJ
ejsice-5084	25	44	conditions	condition	NOUN
ejsice-5084	25	45	characterizing	characterize	VERB
ejsice-5084	25	46	a	a	DET
ejsice-5084	25	47	sector	sector	NOUN
ejsice-5084	25	48	.	.	PUNCT
ejsice-5084	26	1	shareholder	shareholder	NOUN
ejsice-5084	26	2	rights	right	NOUN
ejsice-5084	26	3	are	be	AUX
ejsice-5084	26	4	maximized	maximize	VERB
ejsice-5084	26	5	when	when	SCONJ
ejsice-5084	26	6	the	the	DET
ejsice-5084	26	7	sector	sector	NOUN
ejsice-5084	26	8	is	be	AUX
ejsice-5084	26	9	booming	boom	VERB
ejsice-5084	26	10	,	,	PUNCT
ejsice-5084	26	11	and	and	CCONJ
ejsice-5084	26	12	appear	appear	VERB
ejsice-5084	26	13	much	much	ADV
ejsice-5084	26	14	less	less	ADV
ejsice-5084	26	15	important	important	ADJ
ejsice-5084	26	16	when	when	SCONJ
ejsice-5084	26	17	economic	economic	ADJ
ejsice-5084	26	18	conditions	condition	NOUN
ejsice-5084	26	19	are	be	AUX
ejsice-5084	26	20	bad	bad	ADJ
ejsice-5084	26	21	.	.	PUNCT
ejsice-5084	27	1	we	we	PRON
ejsice-5084	27	2	must	must	AUX
ejsice-5084	27	3	also	also	ADV
ejsice-5084	27	4	take	take	VERB
ejsice-5084	27	5	into	into	ADP
ejsice-5084	27	6	account	account	NOUN
ejsice-5084	27	7	the	the	DET
ejsice-5084	27	8	stage	stage	NOUN
ejsice-5084	27	9	reached	reach	VERB
ejsice-5084	27	10	by	by	ADP
ejsice-5084	27	11	the	the	DET
ejsice-5084	27	12	company	company	NOUN
ejsice-5084	27	13	in	in	ADP
ejsice-5084	27	14	its	its	PRON
ejsice-5084	27	15	life	life	NOUN
ejsice-5084	27	16	cycle	cycle	NOUN
ejsice-5084	27	17	.	.	PUNCT
ejsice-5084	28	1	thus	thus	ADV
ejsice-5084	28	2	,	,	PUNCT
ejsice-5084	28	3	a	a	DET
ejsice-5084	28	4	mature	mature	ADJ
ejsice-5084	28	5	listed	list	VERB
ejsice-5084	28	6	company	company	NOUN
ejsice-5084	28	7	needs	need	VERB
ejsice-5084	28	8	more	more	ADJ
ejsice-5084	28	9	supervision	supervision	NOUN
ejsice-5084	28	10	and	and	CCONJ
ejsice-5084	28	11	control	control	NOUN
ejsice-5084	28	12	:	:	PUNCT
ejsice-5084	28	13	in	in	ADP
ejsice-5084	28	14	this	this	DET
ejsice-5084	28	15	case	case	NOUN
ejsice-5084	28	16	,	,	PUNCT
ejsice-5084	28	17	it	it	PRON
ejsice-5084	28	18	could	could	AUX
ejsice-5084	28	19	be	be	AUX
ejsice-5084	28	20	shown	show	VERB
ejsice-5084	28	21	that	that	SCONJ
ejsice-5084	28	22	a	a	DET
ejsice-5084	28	23	reduced	reduced	ADJ
ejsice-5084	28	24	board	board	NOUN
ejsice-5084	28	25	of	of	ADP
ejsice-5084	28	26	directors	director	NOUN
ejsice-5084	28	27	is	be	AUX
ejsice-5084	28	28	better	well	ADV
ejsice-5084	28	29	suited	suited	ADJ
ejsice-5084	28	30	.	.	PUNCT
ejsice-5084	29	1	otherwise	otherwise	ADV
ejsice-5084	29	2	,	,	PUNCT
ejsice-5084	29	3	a	a	DET
ejsice-5084	29	4	younger	young	ADJ
ejsice-5084	29	5	company	company	NOUN
ejsice-5084	29	6	will	will	AUX
ejsice-5084	29	7	be	be	AUX
ejsice-5084	29	8	able	able	ADJ
ejsice-5084	29	9	to	to	PART
ejsice-5084	29	10	benefit	benefit	VERB
ejsice-5084	29	11	more	more	ADJ
ejsice-5084	29	12	from	from	ADP
ejsice-5084	29	13	the	the	DET
ejsice-5084	29	14	advice	advice	NOUN
ejsice-5084	29	15	of	of	ADP
ejsice-5084	29	16	its	its	PRON
ejsice-5084	29	17	board	board	NOUN
ejsice-5084	29	18	,	,	PUNCT
ejsice-5084	29	19	which	which	PRON
ejsice-5084	29	20	will	will	AUX
ejsice-5084	29	21	therefore	therefore	ADV
ejsice-5084	29	22	be	be	AUX
ejsice-5084	29	23	all	all	DET
ejsice-5084	29	24	the	the	DET
ejsice-5084	29	25	more	more	ADV
ejsice-5084	29	26	effective	effective	ADJ
ejsice-5084	29	27	as	as	SCONJ
ejsice-5084	29	28	its	its	PRON
ejsice-5084	29	29	members	member	NOUN
ejsice-5084	29	30	will	will	AUX
ejsice-5084	29	31	be	be	AUX
ejsice-5084	29	32	more	more	ADV
ejsice-5084	29	33	numerous.black	numerous.black	NUM
ejsice-5084	29	34	,	,	PUNCT
ejsice-5084	29	35	jang	jang	PROPN
ejsice-5084	29	36	,	,	PUNCT
ejsice-5084	29	37	and	and	CCONJ
ejsice-5084	29	38	kim	kim	PROPN
ejsice-5084	29	39	(	(	PUNCT
ejsice-5084	29	40	2003	2003	NUM
ejsice-5084	29	41	)	)	PUNCT
ejsice-5084	29	42	showed	show	VERB
ejsice-5084	29	43	in	in	ADP
ejsice-5084	29	44	their	their	PRON
ejsice-5084	29	45	sample	sample	NOUN
ejsice-5084	29	46	of	of	ADP
ejsice-5084	29	47	526	526	NUM
ejsice-5084	29	48	south	south	ADJ
ejsice-5084	29	49	korean	korean	ADJ
ejsice-5084	29	50	companies	company	NOUN
ejsice-5084	29	51	that	that	SCONJ
ejsice-5084	29	52	they	they	PRON
ejsice-5084	29	53	developed	develop	VERB
ejsice-5084	29	54	an	an	DET
ejsice-5084	29	55	index	index	NOUN
ejsice-5084	29	56	based	base	VERB
ejsice-5084	29	57	on	on	ADP
ejsice-5084	29	58	the	the	DET
ejsice-5084	29	59	governance	governance	NOUN
ejsice-5084	29	60	review	review	NOUN
ejsice-5084	29	61	of	of	ADP
ejsice-5084	29	62	the	the	DET
ejsice-5084	29	63	korea	korea	PROPN
ejsice-5084	30	1	stock	stock	NOUN
ejsice-5084	30	2	exchange.an	exchange.an	NUM
ejsice-5084	30	3	increase	increase	NOUN
ejsice-5084	30	4	of	of	ADP
ejsice-5084	30	5	10	10	NUM
ejsice-5084	30	6	points	point	NOUN
ejsice-5084	30	7	in	in	ADP
ejsice-5084	30	8	the	the	DET
ejsice-5084	30	9	governance	governance	NOUN
ejsice-5084	30	10	index	index	NOUN
ejsice-5084	30	11	resulted	result	VERB
ejsice-5084	30	12	in	in	ADP
ejsice-5084	30	13	a	a	DET
ejsice-5084	30	14	65	65	NUM
ejsice-5084	30	15	%	%	NOUN
ejsice-5084	30	16	increase	increase	NOUN
ejsice-5084	30	17	in	in	ADP
ejsice-5084	30	18	the	the	DET
ejsice-5084	30	19	tobin	tobin	PROPN
ejsice-5084	30	20	index	index	NOUN
ejsice-5084	30	21	«	«	PUNCT
ejsice-5084	30	22	q	q	NOUN
ejsice-5084	30	23	»	»	X
ejsice-5084	30	24	and	and	CCONJ
ejsice-5084	30	25	a	a	DET
ejsice-5084	30	26	market	market	NOUN
ejsice-5084	30	27	booking	booking	NOUN
ejsice-5084	30	28	rate	rate	NOUN
ejsice-5084	30	29	of	of	ADP
ejsice-5084	30	30	13	13	NUM
ejsice-5084	30	31	%	%	NOUN
ejsice-5084	30	32	.	.	PUNCT
ejsice-5084	31	1	they	they	PRON
ejsice-5084	31	2	also	also	ADV
ejsice-5084	31	3	found	find	VERB
ejsice-5084	31	4	that	that	SCONJ
ejsice-5084	31	5	any	any	DET
ejsice-5084	31	6	improvement	improvement	NOUN
ejsice-5084	31	7	in	in	ADP
ejsice-5084	31	8	governance	governance	NOUN
ejsice-5084	31	9	practices	practice	NOUN
ejsice-5084	31	10	would	would	AUX
ejsice-5084	31	11	result	result	VERB
ejsice-5084	31	12	in	in	ADP
ejsice-5084	31	13	a	a	DET
ejsice-5084	31	14	47	47	NUM
ejsice-5084	31	15	%	%	NOUN
ejsice-5084	31	16	increase	increase	NOUN
ejsice-5084	31	17	in	in	ADP
ejsice-5084	31	18	tobin	tobin	NOUN
ejsice-5084	31	19	’s	’s	PART
ejsice-5084	31	20	«	«	PUNCT
ejsice-5084	31	21	qvalue	qvalue	NOUN
ejsice-5084	31	22	»	»	PUNCT
ejsice-5084	31	23	and	and	CCONJ
ejsice-5084	31	24	a	a	DET
ejsice-5084	31	25	96	96	NUM
ejsice-5084	31	26	%	%	NOUN
ejsice-5084	31	27	increase	increase	NOUN
ejsice-5084	31	28	in	in	ADP
ejsice-5084	31	29	market	market	NOUN
ejsice-5084	31	30	/	/	SYM
ejsice-5084	31	31	book	book	NOUN
ejsice-5084	31	32	value.from	value.from	NUM
ejsice-5084	31	33	the	the	DET
ejsice-5084	31	34	other	other	ADJ
ejsice-5084	31	35	side	side	NOUN
ejsice-5084	31	36	,	,	PUNCT
ejsice-5084	31	37	chong	chong	PROPN
ejsice-5084	31	38	and	and	CCONJ
ejsice-5084	31	39	lopez	lopez	PROPN
ejsice-5084	31	40	-	-	PUNCT
ejsice-5084	31	41	de	de	NOUN
ejsice-5084	31	42	-	-	NOUN
ejsice-5084	31	43	silanes	silane	NOUN
ejsice-5084	31	44	(	(	PUNCT
ejsice-5084	31	45	2007	2007	NUM
ejsice-5084	31	46	)	)	PUNCT
ejsice-5084	31	47	believe	believe	VERB
ejsice-5084	31	48	that	that	SCONJ
ejsice-5084	31	49	governance	governance	NOUN
ejsice-5084	31	50	will	will	AUX
ejsice-5084	31	51	definitely	definitely	ADV
ejsice-5084	31	52	affect	affect	VERB
ejsice-5084	31	53	the	the	DET
ejsice-5084	31	54	operating	operating	NOUN
ejsice-5084	31	55	performance	performance	NOUN
ejsice-5084	31	56	of	of	ADP
ejsice-5084	31	57	the	the	DET
ejsice-5084	31	58	companies	company	NOUN
ejsice-5084	31	59	studied	study	VERB
ejsice-5084	31	60	,	,	PUNCT
ejsice-5084	31	61	but	but	CCONJ
ejsice-5084	31	62	this	this	DET
ejsice-5084	31	63	impact	impact	NOUN
ejsice-5084	31	64	is	be	AUX
ejsice-5084	31	65	far	far	ADV
ejsice-5084	31	66	less	less	ADJ
ejsice-5084	31	67	than	than	ADP
ejsice-5084	31	68	the	the	DET
ejsice-5084	31	69	impact	impact	NOUN
ejsice-5084	31	70	on	on	ADP
ejsice-5084	31	71	the	the	DET
ejsice-5084	31	72	market	market	NOUN
ejsice-5084	31	73	value	value	NOUN
ejsice-5084	31	74	of	of	ADP
ejsice-5084	31	75	these	these	DET
ejsice-5084	31	76	companies	company	NOUN
ejsice-5084	31	77	.	.	PUNCT
ejsice-5084	32	1	finally	finally	ADV
ejsice-5084	32	2	,	,	PUNCT
ejsice-5084	32	3	bauer	bauer	PROPN
ejsice-5084	32	4	et	et	PROPN
ejsice-5084	32	5	al	al	PROPN
ejsice-5084	32	6	.	.	PROPN
ejsice-5084	33	1	(	(	PUNCT
ejsice-5084	33	2	2003	2003	NUM
ejsice-5084	33	3	)	)	PUNCT
ejsice-5084	33	4	confirmed	confirm	VERB
ejsice-5084	33	5	that	that	SCONJ
ejsice-5084	33	6	governance	governance	NOUN
ejsice-5084	33	7	is	be	AUX
ejsice-5084	33	8	positively	positively	ADV
ejsice-5084	33	9	correlated	correlate	VERB
ejsice-5084	33	10	with	with	ADP
ejsice-5084	33	11	the	the	DET
ejsice-5084	33	12	profitability	profitability	NOUN
ejsice-5084	33	13	and	and	CCONJ
ejsice-5084	33	14	market	market	NOUN
ejsice-5084	33	15	value	value	NOUN
ejsice-5084	33	16	of	of	ADP
ejsice-5084	33	17	european	european	ADJ
ejsice-5084	33	18	companies	company	NOUN
ejsice-5084	33	19	in	in	ADP
ejsice-5084	33	20	the	the	DET
ejsice-5084	33	21	research	research	NOUN
ejsice-5084	33	22	.	.	PUNCT
ejsice-5084	34	1	but	but	CCONJ
ejsice-5084	34	2	it	it	PRON
ejsice-5084	34	3	is	be	AUX
ejsice-5084	34	4	negatively	negatively	ADV
ejsice-5084	34	5	correlated	correlate	VERB
ejsice-5084	34	6	with	with	ADP
ejsice-5084	34	7	operational	operational	ADJ
ejsice-5084	34	8	performance.in	performance.in	NUM
ejsice-5084	34	9	addition	addition	NOUN
ejsice-5084	34	10	to	to	ADP
ejsice-5084	34	11	that	that	PRON
ejsice-5084	34	12	,	,	PUNCT
ejsice-5084	34	13	gruszczynski	gruszczynski	PROPN
ejsice-5084	34	14	(	(	PUNCT
ejsice-5084	34	15	2005	2005	NUM
ejsice-5084	34	16	)	)	PUNCT
ejsice-5084	34	17	tested	test	VERB
ejsice-5084	34	18	the	the	DET
ejsice-5084	34	19	existence	existence	NOUN
ejsice-5084	34	20	of	of	ADP
ejsice-5084	34	21	this	this	DET
ejsice-5084	34	22	link	link	NOUN
ejsice-5084	34	23	in	in	ADP
ejsice-5084	34	24	a	a	DET
ejsice-5084	34	25	polish	polish	ADJ
ejsice-5084	34	26	language	language	NOUN
ejsice-5084	34	27	environment	environment	NOUN
ejsice-5084	34	28	.	.	PUNCT
ejsice-5084	35	1	http://www.ojs.unito.it/index.php/ejsice/index	http://www.ojs.unito.it/index.php/ejsice/index	PROPN
ejsice-5084	35	2	european	european	PROPN
ejsice-5084	35	3	journal	journal	PROPN
ejsice-5084	35	4	of	of	ADP
ejsice-5084	35	5	social	social	ADJ
ejsice-5084	35	6	impact	impact	NOUN
ejsice-5084	35	7	and	and	CCONJ
ejsice-5084	35	8	circular	circular	ADJ
ejsice-5084	35	9	economy	economy	NOUN
ejsice-5084	35	10	issn	issn	NOUN
ejsice-5084	35	11	:	:	PUNCT
ejsice-5084	35	12	2704	2704	NUM
ejsice-5084	35	13	-	-	SYM
ejsice-5084	35	14	9906	9906	NUM
ejsice-5084	35	15	doi:10.13135/2704	doi:10.13135/2704	NOUN
ejsice-5084	35	16	-	-	PUNCT
ejsice-5084	35	17	9906/5084	9906/5084	NUM
ejsice-5084	35	18	published	publish	VERB
ejsice-5084	35	19	by	by	ADP
ejsice-5084	35	20	university	university	PROPN
ejsice-5084	35	21	of	of	ADP
ejsice-5084	35	22	turin	turin	PROPN
ejsice-5084	35	23	http://www.ojs.unito.it/index.php/ejsice/index	http://www.ojs.unito.it/index.php/ejsice/index	PROPN
ejsice-5084	35	24	ejsice	ejsice	PROPN
ejsice-5084	35	25	content	content	NOUN
ejsice-5084	35	26	is	be	AUX
ejsice-5084	35	27	licensed	license	VERB
ejsice-5084	35	28	under	under	ADP
ejsice-5084	35	29	a	a	DET
ejsice-5084	35	30	creative	creative	ADJ
ejsice-5084	35	31	commons	common	NOUN
ejsice-5084	35	32	attribution	attribution	NOUN
ejsice-5084	35	33	4.0	4.0	NUM
ejsice-5084	35	34	internationallicense	internationallicense	NOUN
ejsice-5084	35	35	4	4	NUM
ejsice-5084	35	36	his	his	PRON
ejsice-5084	35	37	research	research	NOUN
ejsice-5084	35	38	shows	show	VERB
ejsice-5084	35	39	that	that	SCONJ
ejsice-5084	35	40	there	there	PRON
ejsice-5084	35	41	is	be	VERB
ejsice-5084	35	42	a	a	DET
ejsice-5084	35	43	significant	significant	ADJ
ejsice-5084	35	44	correlation	correlation	NOUN
ejsice-5084	35	45	between	between	ADP
ejsice-5084	35	46	the	the	DET
ejsice-5084	35	47	calculated	calculated	ADJ
ejsice-5084	35	48	governance	governance	NOUN
ejsice-5084	35	49	scores	score	NOUN
ejsice-5084	35	50	and	and	CCONJ
ejsice-5084	35	51	the	the	DET
ejsice-5084	35	52	financial	financial	ADJ
ejsice-5084	35	53	performance	performance	NOUN
ejsice-5084	35	54	of	of	ADP
ejsice-5084	35	55	the	the	DET
ejsice-5084	35	56	polish	polish	ADJ
ejsice-5084	35	57	companies	company	NOUN
ejsice-5084	35	58	studied.otherwise	studied.otherwise	VERB
ejsice-5084	35	59	,	,	PUNCT
ejsice-5084	35	60	bauer	bauer	PROPN
ejsice-5084	35	61	et	et	PROPN
ejsice-5084	35	62	al	al	PROPN
ejsice-5084	35	63	.	.	PROPN
ejsice-5084	36	1	(	(	PUNCT
ejsice-5084	36	2	2008	2008	NUM
ejsice-5084	36	3	)	)	PUNCT
ejsice-5084	36	4	studied	study	VERB
ejsice-5084	36	5	the	the	DET
ejsice-5084	36	6	relationship	relationship	NOUN
ejsice-5084	36	7	between	between	ADP
ejsice-5084	36	8	governance	governance	NOUN
ejsice-5084	36	9	quality	quality	NOUN
ejsice-5084	36	10	and	and	CCONJ
ejsice-5084	36	11	japanese	japanese	ADJ
ejsice-5084	36	12	company	company	NOUN
ejsice-5084	36	13	performance	performance	NOUN
ejsice-5084	36	14	.	.	PUNCT
ejsice-5084	37	1	they	they	PRON
ejsice-5084	37	2	set	set	VERB
ejsice-5084	37	3	out	out	ADP
ejsice-5084	37	4	to	to	PART
ejsice-5084	37	5	develop	develop	VERB
ejsice-5084	37	6	a	a	DET
ejsice-5084	37	7	total	total	ADJ
ejsice-5084	37	8	index	index	NOUN
ejsice-5084	37	9	covering	cover	VERB
ejsice-5084	37	10	six	six	NUM
ejsice-5084	37	11	aspects	aspect	NOUN
ejsice-5084	37	12	of	of	ADP
ejsice-5084	37	13	governance	governance	NOUN
ejsice-5084	37	14	.	.	PUNCT
ejsice-5084	38	1	so	so	ADV
ejsice-5084	38	2	,	,	PUNCT
ejsice-5084	38	3	the	the	DET
ejsice-5084	38	4	results	result	NOUN
ejsice-5084	38	5	of	of	ADP
ejsice-5084	38	6	this	this	DET
ejsice-5084	38	7	study	study	NOUN
ejsice-5084	38	8	show	show	VERB
ejsice-5084	38	9	that	that	SCONJ
ejsice-5084	38	10	companies	company	NOUN
ejsice-5084	38	11	with	with	ADP
ejsice-5084	38	12	the	the	DET
ejsice-5084	38	13	best	good	ADJ
ejsice-5084	38	14	governance	governance	NOUN
ejsice-5084	38	15	perform	perform	VERB
ejsice-5084	38	16	15	15	NUM
ejsice-5084	38	17	%	%	NOUN
ejsice-5084	38	18	better	well	ADJ
ejsice-5084	38	19	than	than	ADP
ejsice-5084	38	20	other	other	ADJ
ejsice-5084	38	21	companies	company	NOUN
ejsice-5084	38	22	each	each	PRON
ejsice-5084	38	23	year.furthermore	year.furthermore	NOUN
ejsice-5084	38	24	,	,	PUNCT
ejsice-5084	38	25	mohamed	mohame	VERB
ejsice-5084	38	26	,	,	PUNCT
ejsice-5084	38	27	basuony	basuony	NOUN
ejsice-5084	38	28	,	,	PUNCT
ejsice-5084	38	29	and	and	CCONJ
ejsice-5084	38	30	badawi	badawi	ADJ
ejsice-5084	38	31	(	(	PUNCT
ejsice-5084	38	32	2013	2013	NUM
ejsice-5084	38	33	)	)	PUNCT
ejsice-5084	38	34	studied	study	VERB
ejsice-5084	38	35	the	the	DET
ejsice-5084	38	36	impact	impact	NOUN
ejsice-5084	38	37	of	of	ADP
ejsice-5084	38	38	corporate	corporate	ADJ
ejsice-5084	38	39	governance	governance	NOUN
ejsice-5084	38	40	on	on	ADP
ejsice-5084	38	41	the	the	DET
ejsice-5084	38	42	financial	financial	ADJ
ejsice-5084	38	43	and	and	CCONJ
ejsice-5084	38	44	stock	stock	NOUN
ejsice-5084	38	45	market	market	NOUN
ejsice-5084	38	46	performance	performance	NOUN
ejsice-5084	38	47	of	of	ADP
ejsice-5084	38	48	88	88	NUM
ejsice-5084	38	49	non	non	ADJ
ejsice-5084	38	50	-	-	ADJ
ejsice-5084	38	51	financial	financial	ADJ
ejsice-5084	38	52	companies	company	NOUN
ejsice-5084	38	53	listed	list	VERB
ejsice-5084	38	54	on	on	ADP
ejsice-5084	38	55	the	the	DET
ejsice-5084	38	56	egyptian	egyptian	ADJ
ejsice-5084	38	57	stock	stock	PROPN
ejsice-5084	38	58	exchange	exchange	PROPN
ejsice-5084	38	59	egx100	egx100	PROPN
ejsice-5084	38	60	index.the	index.the	DET
ejsice-5084	38	61	study	study	NOUN
ejsice-5084	38	62	prove	prove	VERB
ejsice-5084	38	63	that	that	SCONJ
ejsice-5084	38	64	there	there	PRON
ejsice-5084	38	65	are	be	VERB
ejsice-5084	38	66	about	about	ADV
ejsice-5084	38	67	three	three	NUM
ejsice-5084	38	68	governance	governance	NOUN
ejsice-5084	38	69	mechanisms	mechanism	NOUN
ejsice-5084	38	70	studied	study	VERB
ejsice-5084	38	71	ownership	ownership	NOUN
ejsice-5084	38	72	structure	structure	NOUN
ejsice-5084	38	73	,	,	PUNCT
ejsice-5084	38	74	board	board	NOUN
ejsice-5084	38	75	composition	composition	NOUN
ejsice-5084	38	76	and	and	CCONJ
ejsice-5084	38	77	audit	audit	NOUN
ejsice-5084	38	78	quality.we	quality.we	PRON
ejsice-5084	38	79	incorporate	incorporate	VERB
ejsice-5084	38	80	control	control	NOUN
ejsice-5084	38	81	variables	variable	NOUN
ejsice-5084	38	82	into	into	ADP
ejsice-5084	38	83	the	the	DET
ejsice-5084	38	84	analysis	analysis	NOUN
ejsice-5084	38	85	and	and	CCONJ
ejsice-5084	38	86	we	we	PRON
ejsice-5084	38	87	enumerate	enumerate	VERB
ejsice-5084	38	88	:	:	PUNCT
ejsice-5084	38	89	the	the	DET
ejsice-5084	38	90	company	company	NOUN
ejsice-5084	38	91	size	size	NOUN
ejsice-5084	38	92	,	,	PUNCT
ejsice-5084	38	93	age	age	NOUN
ejsice-5084	38	94	,	,	PUNCT
ejsice-5084	38	95	department	department	NOUN
ejsice-5084	38	96	and	and	CCONJ
ejsice-5084	38	97	financial	financial	ADJ
ejsice-5084	38	98	structure.the	structure.the	DET
ejsice-5084	38	99	financial	financial	ADJ
ejsice-5084	38	100	performance	performance	NOUN
ejsice-5084	38	101	is	be	AUX
ejsice-5084	38	102	evaluated	evaluate	VERB
ejsice-5084	38	103	through	through	ADP
ejsice-5084	38	104	roe	roe	PROPN
ejsice-5084	38	105	and	and	CCONJ
ejsice-5084	38	106	roa	roa	NOUN
ejsice-5084	38	107	and	and	CCONJ
ejsice-5084	38	108	also	also	ADV
ejsice-5084	38	109	through	through	ADP
ejsice-5084	38	110	q	q	PROPN
ejsice-5084	38	111	's	's	PART
ejsice-5084	38	112	stock	stock	NOUN
ejsice-5084	38	113	market	market	NOUN
ejsice-5084	38	114	performance	performance	NOUN
ejsice-5084	38	115	.	.	PUNCT
ejsice-5084	39	1	according	accord	VERB
ejsice-5084	39	2	to	to	ADP
ejsice-5084	39	3	al	al	PROPN
ejsice-5084	39	4	-	-	PUNCT
ejsice-5084	39	5	ahdal	ahdal	PROPN
ejsice-5084	39	6	,	,	PUNCT
ejsice-5084	39	7	wm	wm	PROPN
ejsice-5084	39	8	,	,	PUNCT
ejsice-5084	39	9	alsamhi	alsamhi	PROPN
ejsice-5084	39	10	,	,	PUNCT
ejsice-5084	39	11	mh	mh	PROPN
ejsice-5084	39	12	,	,	PUNCT
ejsice-5084	39	13	tabash	tabash	PROPN
ejsice-5084	39	14	,	,	PUNCT
ejsice-5084	39	15	mi	mi	PROPN
ejsice-5084	39	16	,	,	PUNCT
ejsice-5084	39	17	&	&	CCONJ
ejsice-5084	39	18	farhan	farhan	PROPN
ejsice-5084	39	19	,	,	PUNCT
ejsice-5084	39	20	nh	nh	PROPN
ejsice-5084	39	21	(	(	PUNCT
ejsice-5084	39	22	2020	2020	NUM
ejsice-5084	39	23	)	)	PUNCT
ejsice-5084	39	24	,	,	PUNCT
ejsice-5084	39	25	corporate	corporate	ADJ
ejsice-5084	39	26	governance	governance	NOUN
ejsice-5084	39	27	plays	play	VERB
ejsice-5084	39	28	a	a	DET
ejsice-5084	39	29	critical	critical	ADJ
ejsice-5084	39	30	role	role	NOUN
ejsice-5084	39	31	in	in	ADP
ejsice-5084	39	32	creating	create	VERB
ejsice-5084	39	33	a	a	DET
ejsice-5084	39	34	corporate	corporate	ADJ
ejsice-5084	39	35	culture	culture	NOUN
ejsice-5084	39	36	of	of	ADP
ejsice-5084	39	37	awareness	awareness	NOUN
ejsice-5084	39	38	and	and	CCONJ
ejsice-5084	39	39	transparency	transparency	NOUN
ejsice-5084	39	40	.	.	PUNCT
ejsice-5084	40	1	in	in	ADP
ejsice-5084	40	2	this	this	DET
ejsice-5084	40	3	context	context	NOUN
ejsice-5084	40	4	,	,	PUNCT
ejsice-5084	40	5	the	the	DET
ejsice-5084	40	6	study	study	NOUN
ejsice-5084	40	7	by	by	ADP
ejsice-5084	40	8	these	these	DET
ejsice-5084	40	9	authors	author	NOUN
ejsice-5084	40	10	provides	provide	VERB
ejsice-5084	40	11	a	a	DET
ejsice-5084	40	12	brief	brief	ADJ
ejsice-5084	40	13	overview	overview	NOUN
ejsice-5084	40	14	of	of	ADP
ejsice-5084	40	15	the	the	DET
ejsice-5084	40	16	history	history	NOUN
ejsice-5084	40	17	of	of	ADP
ejsice-5084	40	18	corporate	corporate	ADJ
ejsice-5084	40	19	governance	governance	NOUN
ejsice-5084	40	20	mechanisms	mechanism	NOUN
ejsice-5084	40	21	in	in	ADP
ejsice-5084	40	22	india	india	PROPN
ejsice-5084	40	23	and	and	CCONJ
ejsice-5084	40	24	in	in	ADP
ejsice-5084	40	25	the	the	DET
ejsice-5084	40	26	gulf	gulf	PROPN
ejsice-5084	40	27	corporation	corporation	PROPN
ejsice-5084	40	28	council	council	PROPN
ejsice-5084	40	29	(	(	PUNCT
ejsice-5084	40	30	gcc	gcc	NOUN
ejsice-5084	40	31	)	)	PUNCT
ejsice-5084	40	32	countries	country	NOUN
ejsice-5084	40	33	,	,	PUNCT
ejsice-5084	40	34	the	the	DET
ejsice-5084	40	35	corporate	corporate	ADJ
ejsice-5084	40	36	legal	legal	ADJ
ejsice-5084	40	37	system	system	NOUN
ejsice-5084	40	38	and	and	CCONJ
ejsice-5084	40	39	established	establish	VERB
ejsice-5084	40	40	supervisory	supervisory	ADJ
ejsice-5084	40	41	policies	policy	NOUN
ejsice-5084	40	42	.	.	PUNCT
ejsice-5084	41	1	by	by	ADP
ejsice-5084	41	2	the	the	DET
ejsice-5084	41	3	indian	indian	ADJ
ejsice-5084	41	4	governments	government	NOUN
ejsice-5084	41	5	and	and	CCONJ
ejsice-5084	41	6	the	the	DET
ejsice-5084	41	7	gcc	gcc	NOUN
ejsice-5084	41	8	.	.	PUNCT
ejsice-5084	42	1	in	in	ADP
ejsice-5084	42	2	addition	addition	NOUN
ejsice-5084	42	3	,	,	PUNCT
ejsice-5084	42	4	this	this	DET
ejsice-5084	42	5	study	study	NOUN
ejsice-5084	42	6	analyzes	analyze	VERB
ejsice-5084	42	7	the	the	DET
ejsice-5084	42	8	impact	impact	NOUN
ejsice-5084	42	9	of	of	ADP
ejsice-5084	42	10	corporate	corporate	ADJ
ejsice-5084	42	11	governance	governance	NOUN
ejsice-5084	42	12	mechanisms	mechanism	NOUN
ejsice-5084	42	13	on	on	ADP
ejsice-5084	42	14	the	the	DET
ejsice-5084	42	15	financial	financial	ADJ
ejsice-5084	42	16	performance	performance	NOUN
ejsice-5084	42	17	of	of	ADP
ejsice-5084	42	18	indian	indian	ADJ
ejsice-5084	42	19	and	and	CCONJ
ejsice-5084	42	20	gcc	gcc	NOUN
ejsice-5084	42	21	listed	list	VERB
ejsice-5084	42	22	companies	company	NOUN
ejsice-5084	42	23	.	.	PUNCT
ejsice-5084	43	1	the	the	DET
ejsice-5084	43	2	study	study	NOUN
ejsice-5084	43	3	uses	use	VERB
ejsice-5084	43	4	a	a	DET
ejsice-5084	43	5	sample	sample	NOUN
ejsice-5084	43	6	of	of	ADP
ejsice-5084	43	7	53	53	NUM
ejsice-5084	43	8	listed	list	VERB
ejsice-5084	43	9	non	non	ADJ
ejsice-5084	43	10	-	-	ADJ
ejsice-5084	43	11	financial	financial	ADJ
ejsice-5084	43	12	companies	company	NOUN
ejsice-5084	43	13	from	from	ADP
ejsice-5084	43	14	india	india	PROPN
ejsice-5084	43	15	and	and	CCONJ
ejsice-5084	43	16	53	53	NUM
ejsice-5084	43	17	listed	list	VERB
ejsice-5084	43	18	non	non	ADJ
ejsice-5084	43	19	-	-	ADJ
ejsice-5084	43	20	financial	financial	ADJ
ejsice-5084	43	21	companies	company	NOUN
ejsice-5084	43	22	from	from	ADP
ejsice-5084	43	23	gcc	gcc	NOUN
ejsice-5084	43	24	countries	country	NOUN
ejsice-5084	43	25	for	for	ADP
ejsice-5084	43	26	the	the	DET
ejsice-5084	43	27	period	period	NOUN
ejsice-5084	43	28	2009	2009	NUM
ejsice-5084	43	29	-	-	SYM
ejsice-5084	43	30	2016	2016	NUM
ejsice-5084	43	31	.	.	PUNCT
ejsice-5084	44	1	the	the	DET
ejsice-5084	44	2	results	result	NOUN
ejsice-5084	44	3	revealed	reveal	VERB
ejsice-5084	44	4	that	that	SCONJ
ejsice-5084	44	5	the	the	DET
ejsice-5084	44	6	responsibility	responsibility	NOUN
ejsice-5084	44	7	of	of	ADP
ejsice-5084	44	8	the	the	DET
ejsice-5084	44	9	board	board	NOUN
ejsice-5084	44	10	of	of	ADP
ejsice-5084	44	11	directors	director	NOUN
ejsice-5084	44	12	(	(	PUNCT
ejsice-5084	44	13	ba	ba	NOUN
ejsice-5084	44	14	)	)	PUNCT
ejsice-5084	44	15	and	and	CCONJ
ejsice-5084	44	16	the	the	DET
ejsice-5084	44	17	audit	audit	NOUN
ejsice-5084	44	18	committee	committee	NOUN
ejsice-5084	44	19	(	(	PUNCT
ejsice-5084	44	20	ac	ac	PROPN
ejsice-5084	44	21	)	)	PUNCT
ejsice-5084	44	22	have	have	VERB
ejsice-5084	44	23	an	an	DET
ejsice-5084	44	24	insignificant	insignificant	ADJ
ejsice-5084	44	25	impact	impact	NOUN
ejsice-5084	44	26	on	on	ADP
ejsice-5084	44	27	the	the	DET
ejsice-5084	44	28	performance	performance	NOUN
ejsice-5084	44	29	of	of	ADP
ejsice-5084	44	30	companies	company	NOUN
ejsice-5084	44	31	as	as	SCONJ
ejsice-5084	44	32	measured	measure	VERB
ejsice-5084	44	33	by	by	ADP
ejsice-5084	44	34	roe	roe	PROPN
ejsice-5084	44	35	and	and	CCONJ
ejsice-5084	44	36	tobin	tobin	PROPN
ejsice-5084	44	37	's	's	PART
ejsice-5084	44	38	q.	q.	PROPN
ejsice-5084	44	39	furthermore	furthermore	ADV
ejsice-5084	44	40	,	,	PUNCT
ejsice-5084	44	41	fictitious	fictitious	ADJ
ejsice-5084	44	42	country	country	NOUN
ejsice-5084	44	43	results	result	NOUN
ejsice-5084	44	44	show	show	VERB
ejsice-5084	44	45	that	that	SCONJ
ejsice-5084	44	46	indian	indian	ADJ
ejsice-5084	44	47	companies	company	NOUN
ejsice-5084	44	48	outperform	outperform	VERB
ejsice-5084	44	49	those	those	PRON
ejsice-5084	44	50	in	in	ADP
ejsice-5084	44	51	the	the	DET
ejsice-5084	44	52	gulf	gulf	PROPN
ejsice-5084	44	53	countries	country	NOUN
ejsice-5084	44	54	in	in	ADP
ejsice-5084	44	55	terms	term	NOUN
ejsice-5084	44	56	of	of	ADP
ejsice-5084	44	57	corporate	corporate	ADJ
ejsice-5084	44	58	governance	governance	NOUN
ejsice-5084	44	59	practices	practice	NOUN
ejsice-5084	44	60	and	and	CCONJ
ejsice-5084	44	61	financial	financial	ADJ
ejsice-5084	44	62	performance	performance	NOUN
ejsice-5084	44	63	.	.	PUNCT
ejsice-5084	45	1	according	accord	VERB
ejsice-5084	45	2	to	to	ADP
ejsice-5084	45	3	these	these	DET
ejsice-5084	45	4	authors	author	NOUN
ejsice-5084	45	5	this	this	DET
ejsice-5084	45	6	research	research	NOUN
ejsice-5084	45	7	is	be	AUX
ejsice-5084	45	8	seen	see	VERB
ejsice-5084	45	9	as	as	ADP
ejsice-5084	45	10	a	a	DET
ejsice-5084	45	11	battery	battery	NOUN
ejsice-5084	45	12	of	of	ADP
ejsice-5084	45	13	further	further	ADJ
ejsice-5084	45	14	research	research	NOUN
ejsice-5084	45	15	and	and	CCONJ
ejsice-5084	45	16	studies	study	NOUN
ejsice-5084	45	17	,	,	PUNCT
ejsice-5084	45	18	particularly	particularly	ADV
ejsice-5084	45	19	in	in	ADP
ejsice-5084	45	20	listed	list	VERB
ejsice-5084	45	21	companies	company	NOUN
ejsice-5084	45	22	in	in	ADP
ejsice-5084	45	23	india	india	PROPN
ejsice-5084	45	24	and	and	CCONJ
ejsice-5084	45	25	in	in	ADP
ejsice-5084	45	26	the	the	DET
ejsice-5084	45	27	gcc	gcc	NOUN
ejsice-5084	45	28	in	in	ADP
ejsice-5084	45	29	the	the	DET
ejsice-5084	45	30	context	context	NOUN
ejsice-5084	45	31	of	of	ADP
ejsice-5084	45	32	corporate	corporate	ADJ
ejsice-5084	45	33	governance	governance	NOUN
ejsice-5084	45	34	and	and	CCONJ
ejsice-5084	45	35	financial	financial	ADJ
ejsice-5084	45	36	performance	performance	NOUN
ejsice-5084	45	37	.	.	PUNCT
ejsice-5084	46	1	at	at	ADP
ejsice-5084	46	2	the	the	DET
ejsice-5084	46	3	national	national	ADJ
ejsice-5084	46	4	level	level	NOUN
ejsice-5084	46	5	,	,	PUNCT
ejsice-5084	46	6	madhar	madhar	NOUN
ejsice-5084	46	7	,	,	PUNCT
ejsice-5084	46	8	s.	s.	PROPN
ejsice-5084	46	9	(	(	PUNCT
ejsice-5084	46	10	2016	2016	NUM
ejsice-5084	46	11	)	)	PUNCT
ejsice-5084	46	12	studied	study	VERB
ejsice-5084	46	13	the	the	DET
ejsice-5084	46	14	relationship	relationship	NOUN
ejsice-5084	46	15	between	between	ADP
ejsice-5084	46	16	governance	governance	NOUN
ejsice-5084	46	17	and	and	CCONJ
ejsice-5084	46	18	performance	performance	NOUN
ejsice-5084	46	19	by	by	ADP
ejsice-5084	46	20	studying	study	VERB
ejsice-5084	46	21	46	46	NUM
ejsice-5084	46	22	moroccan	moroccan	ADJ
ejsice-5084	46	23	issuers	issuer	NOUN
ejsice-5084	46	24	between	between	ADP
ejsice-5084	46	25	the	the	DET
ejsice-5084	46	26	end	end	NOUN
ejsice-5084	46	27	of	of	ADP
ejsice-5084	46	28	2012	2012	NUM
ejsice-5084	46	29	and	and	CCONJ
ejsice-5084	46	30	the	the	DET
ejsice-5084	46	31	end	end	NOUN
ejsice-5084	46	32	of	of	ADP
ejsice-5084	46	33	2014	2014	NUM
ejsice-5084	46	34	.	.	PUNCT
ejsice-5084	47	1	the	the	DET
ejsice-5084	47	2	author	author	NOUN
ejsice-5084	47	3	developed	develop	VERB
ejsice-5084	47	4	a	a	DET
ejsice-5084	47	5	grid	grid	NOUN
ejsice-5084	47	6	of	of	ADP
ejsice-5084	47	7	31	31	NUM
ejsice-5084	47	8	governance	governance	NOUN
ejsice-5084	47	9	guidelines	guideline	NOUN
ejsice-5084	47	10	that	that	PRON
ejsice-5084	47	11	mainly	mainly	ADV
ejsice-5084	47	12	cover	cover	VERB
ejsice-5084	47	13	board	board	NOUN
ejsice-5084	47	14	practices	practice	NOUN
ejsice-5084	47	15	and	and	CCONJ
ejsice-5084	47	16	shareholder	shareholder	NOUN
ejsice-5084	47	17	rights	right	NOUN
ejsice-5084	47	18	.	.	PUNCT
ejsice-5084	48	1	in	in	ADP
ejsice-5084	48	2	order	order	NOUN
ejsice-5084	48	3	to	to	ADP
ejsice-5084	48	4	http://www.ojs.unito.it/index.php/ejsice/index	http://www.ojs.unito.it/index.php/ejsice/index	PROPN
ejsice-5084	48	5	european	european	PROPN
ejsice-5084	48	6	journal	journal	PROPN
ejsice-5084	48	7	of	of	ADP
ejsice-5084	48	8	social	social	ADJ
ejsice-5084	48	9	impact	impact	NOUN
ejsice-5084	48	10	and	and	CCONJ
ejsice-5084	48	11	circular	circular	ADJ
ejsice-5084	48	12	economy	economy	NOUN
ejsice-5084	48	13	issn	issn	NOUN
ejsice-5084	48	14	:	:	PUNCT
ejsice-5084	48	15	2704	2704	NUM
ejsice-5084	48	16	-	-	SYM
ejsice-5084	48	17	9906	9906	NUM
ejsice-5084	48	18	doi:10.13135/2704	doi:10.13135/2704	NOUN
ejsice-5084	48	19	-	-	PUNCT
ejsice-5084	48	20	9906/5084	9906/5084	NUM
ejsice-5084	48	21	published	publish	VERB
ejsice-5084	48	22	by	by	ADP
ejsice-5084	48	23	university	university	PROPN
ejsice-5084	48	24	of	of	ADP
ejsice-5084	48	25	turin	turin	PROPN
ejsice-5084	48	26	http://www.ojs.unito.it/index.php/ejsice/index	http://www.ojs.unito.it/index.php/ejsice/index	PROPN
ejsice-5084	48	27	ejsice	ejsice	PROPN
ejsice-5084	48	28	content	content	NOUN
ejsice-5084	48	29	is	be	AUX
ejsice-5084	48	30	licensed	license	VERB
ejsice-5084	48	31	under	under	ADP
ejsice-5084	48	32	a	a	DET
ejsice-5084	48	33	creative	creative	ADJ
ejsice-5084	48	34	commons	common	NOUN
ejsice-5084	48	35	attribution	attribution	NOUN
ejsice-5084	48	36	4.0	4.0	NUM
ejsice-5084	48	37	internationallicense	internationallicense	NOUN
ejsice-5084	48	38	5	5	NUM
ejsice-5084	48	39	hypothesis	hypothesis	NOUN
ejsice-5084	48	40	2	2	NUM
ejsice-5084	48	41	:	:	PUNCT
ejsice-5084	48	42	the	the	PRON
ejsice-5084	48	43	higher	high	ADJ
ejsice-5084	48	44	the	the	DET
ejsice-5084	48	45	governance	governance	NOUN
ejsice-5084	48	46	’s	’s	PART
ejsice-5084	48	47	score	score	NOUN
ejsice-5084	48	48	related	relate	VERB
ejsice-5084	48	49	to	to	ADP
ejsice-5084	48	50	the	the	DET
ejsice-5084	48	51	compensation	compensation	NOUN
ejsice-5084	48	52	policy	policy	NOUN
ejsice-5084	48	53	,	,	PUNCT
ejsice-5084	48	54	the	the	PRON
ejsice-5084	48	55	higher	high	ADJ
ejsice-5084	48	56	the	the	DET
ejsice-5084	48	57	company	company	NOUN
ejsice-5084	48	58	's	's	PART
ejsice-5084	48	59	financial	financial	ADJ
ejsice-5084	48	60	grow	grow	NOUN
ejsice-5084	48	61	and	and	CCONJ
ejsice-5084	48	62	the	the	DET
ejsice-5084	48	63	stock	stock	NOUN
ejsice-5084	48	64	market	market	NOUN
ejsice-5084	48	65	performance	performance	NOUN
ejsice-5084	48	66	increase	increase	NOUN
ejsice-5084	48	67	.	.	PUNCT
ejsice-5084	49	1	measure	measure	VERB
ejsice-5084	49	2	the	the	DET
ejsice-5084	49	3	performance	performance	NOUN
ejsice-5084	49	4	of	of	ADP
ejsice-5084	49	5	the	the	DET
ejsice-5084	49	6	companies	company	NOUN
ejsice-5084	49	7	in	in	ADP
ejsice-5084	49	8	the	the	DET
ejsice-5084	49	9	sample	sample	NOUN
ejsice-5084	49	10	,	,	PUNCT
ejsice-5084	49	11	it	it	PRON
ejsice-5084	49	12	prefers	prefer	VERB
ejsice-5084	49	13	financial	financial	ADJ
ejsice-5084	49	14	and	and	CCONJ
ejsice-5084	49	15	stock	stock	NOUN
ejsice-5084	49	16	market	market	NOUN
ejsice-5084	49	17	indicators	indicator	NOUN
ejsice-5084	49	18	,	,	PUNCT
ejsice-5084	49	19	especially	especially	ADV
ejsice-5084	49	20	turnover	turnover	NOUN
ejsice-5084	49	21	,	,	PUNCT
ejsice-5084	49	22	ebitda	ebitda	NOUN
ejsice-5084	49	23	and	and	CCONJ
ejsice-5084	49	24	net	net	ADJ
ejsice-5084	49	25	profit	profit	NOUN
ejsice-5084	49	26	margin.based	margin.base	VERB
ejsice-5084	49	27	on	on	ADP
ejsice-5084	49	28	the	the	DET
ejsice-5084	49	29	results	result	NOUN
ejsice-5084	49	30	of	of	ADP
ejsice-5084	49	31	these	these	DET
ejsice-5084	49	32	studies	study	NOUN
ejsice-5084	49	33	,	,	PUNCT
ejsice-5084	49	34	our	our	PRON
ejsice-5084	49	35	research	research	NOUN
ejsice-5084	49	36	will	will	AUX
ejsice-5084	49	37	first	first	ADV
ejsice-5084	49	38	try	try	VERB
ejsice-5084	49	39	to	to	PART
ejsice-5084	49	40	study	study	VERB
ejsice-5084	49	41	the	the	DET
ejsice-5084	49	42	correlation	correlation	NOUN
ejsice-5084	49	43	between	between	ADP
ejsice-5084	49	44	the	the	DET
ejsice-5084	49	45	governance	governance	NOUN
ejsice-5084	49	46	index	index	NOUN
ejsice-5084	49	47	published	publish	VERB
ejsice-5084	49	48	on	on	ADP
ejsice-5084	49	49	the	the	DET
ejsice-5084	49	50	canadian	canadian	ADJ
ejsice-5084	49	51	globe	globe	NOUN
ejsice-5084	49	52	and	and	CCONJ
ejsice-5084	49	53	mail	mail	NOUN
ejsice-5084	49	54	website	website	NOUN
ejsice-5084	49	55	and	and	CCONJ
ejsice-5084	49	56	performance	performance	NOUN
ejsice-5084	49	57	indicators.therefore	indicators.therefore	NOUN
ejsice-5084	49	58	,	,	PUNCT
ejsice-5084	49	59	we	we	PRON
ejsice-5084	49	60	will	will	AUX
ejsice-5084	49	61	test	test	VERB
ejsice-5084	49	62	the	the	DET
ejsice-5084	49	63	hypothesis	hypothesis	NOUN
ejsice-5084	49	64	to	to	PART
ejsice-5084	49	65	study	study	VERB
ejsice-5084	49	66	this	this	DET
ejsice-5084	49	67	correlation	correlation	NOUN
ejsice-5084	49	68	as	as	SCONJ
ejsice-5084	49	69	follows	follow	VERB
ejsice-5084	49	70	:	:	PUNCT
ejsice-5084	49	71	the	the	DET
ejsice-5084	49	72	general	general	ADJ
ejsice-5084	49	73	hypothesis	hypothesis	NOUN
ejsice-5084	49	74	:	:	PUNCT
ejsice-5084	49	75	companies	company	NOUN
ejsice-5084	49	76	with	with	ADP
ejsice-5084	49	77	higher	high	ADJ
ejsice-5084	49	78	governance	governance	NOUN
ejsice-5084	49	79	scores	score	NOUN
ejsice-5084	49	80	will	will	AUX
ejsice-5084	49	81	have	have	AUX
ejsice-5084	49	82	better	well	ADJ
ejsice-5084	49	83	performance	performance	NOUN
ejsice-5084	49	84	.	.	PUNCT
ejsice-5084	50	1	since	since	SCONJ
ejsice-5084	50	2	the	the	DET
ejsice-5084	50	3	governance	governance	NOUN
ejsice-5084	50	4	indicator	indicator	NOUN
ejsice-5084	50	5	we	we	PRON
ejsice-5084	50	6	use	use	VERB
ejsice-5084	50	7	is	be	AUX
ejsice-5084	50	8	composed	compose	VERB
ejsice-5084	50	9	of	of	ADP
ejsice-5084	50	10	4	4	NUM
ejsice-5084	50	11	sub	sub	NOUN
ejsice-5084	50	12	-	-	NOUN
ejsice-5084	50	13	indexes	index	NOUN
ejsice-5084	50	14	,	,	PUNCT
ejsice-5084	50	15	we	we	PRON
ejsice-5084	50	16	will	will	AUX
ejsice-5084	50	17	test	test	VERB
ejsice-5084	50	18	the	the	DET
ejsice-5084	50	19	impact	impact	NOUN
ejsice-5084	50	20	of	of	ADP
ejsice-5084	50	21	each	each	DET
ejsice-5084	50	22	sub	sub	NOUN
ejsice-5084	50	23	-	-	NOUN
ejsice-5084	50	24	index	index	NOUN
ejsice-5084	50	25	on	on	ADP
ejsice-5084	50	26	performance	performance	NOUN
ejsice-5084	50	27	.	.	PUNCT
ejsice-5084	51	1	the	the	DET
ejsice-5084	51	2	composition	composition	NOUN
ejsice-5084	51	3	and	and	CCONJ
ejsice-5084	51	4	performance	performance	NOUN
ejsice-5084	51	5	of	of	ADP
ejsice-5084	51	6	the	the	DET
ejsice-5084	51	7	director	director	NOUN
ejsice-5084	51	8	board	board	PROPN
ejsice-5084	51	9	:	:	PUNCT
ejsice-5084	51	10	the	the	DET
ejsice-5084	51	11	board	board	NOUN
ejsice-5084	51	12	of	of	ADP
ejsice-5084	51	13	directors	director	NOUN
ejsice-5084	51	14	is	be	AUX
ejsice-5084	51	15	considered	consider	VERB
ejsice-5084	51	16	to	to	PART
ejsice-5084	51	17	be	be	AUX
ejsice-5084	51	18	one	one	NUM
ejsice-5084	51	19	of	of	ADP
ejsice-5084	51	20	the	the	DET
ejsice-5084	51	21	main	main	ADJ
ejsice-5084	51	22	means	mean	NOUN
ejsice-5084	51	23	to	to	PART
ejsice-5084	51	24	correct	correct	VERB
ejsice-5084	51	25	the	the	DET
ejsice-5084	51	26	defects	defect	NOUN
ejsice-5084	51	27	of	of	ADP
ejsice-5084	51	28	managers	manager	NOUN
ejsice-5084	51	29	(	(	PUNCT
ejsice-5084	51	30	widodo	widodo	PROPN
ejsice-5084	51	31	,	,	PUNCT
ejsice-5084	51	32	d.	d.	PROPN
ejsice-5084	51	33	s.	s.	PROPN
ejsice-5084	51	34	,	,	PUNCT
ejsice-5084	51	35	silitonga	silitonga	ADV
ejsice-5084	51	36	,	,	PUNCT
ejsice-5084	51	37	p.	p.	PROPN
ejsice-5084	51	38	,	,	PUNCT
ejsice-5084	51	39	&	&	CCONJ
ejsice-5084	51	40	ali	ali	PROPN
ejsice-5084	51	41	,	,	PUNCT
ejsice-5084	51	42	h.	h.	PROPN
ejsice-5084	51	43	(	(	PUNCT
ejsice-5084	51	44	2020	2020	NUM
ejsice-5084	51	45	)	)	PUNCT
ejsice-5084	51	46	,	,	PUNCT
ejsice-5084	51	47	garcia	garcia	PROPN
ejsice-5084	51	48	,	,	PUNCT
ejsice-5084	51	49	a.	a.	PROPN
ejsice-5084	51	50	s.	s.	PROPN
ejsice-5084	51	51	,	,	PUNCT
ejsice-5084	51	52	&	&	CCONJ
ejsice-5084	51	53	orsato	orsato	PROPN
ejsice-5084	51	54	,	,	PUNCT
ejsice-5084	51	55	r.	r.	PROPN
ejsice-5084	51	56	j.	j.	PROPN
ejsice-5084	51	57	(	(	PUNCT
ejsice-5084	51	58	2020	2020	NUM
ejsice-5084	51	59	)	)	PUNCT
ejsice-5084	51	60	and	and	CCONJ
ejsice-5084	51	61	f.	f.	PROPN
ejsice-5084	51	62	adjaoud	adjaoud	PROPN
ejsice-5084	51	63	et	et	PROPN
ejsice-5084	51	64	al	al	PROPN
ejsice-5084	51	65	.	.	PROPN
ejsice-5084	52	1	(	(	PUNCT
ejsice-5084	52	2	2007	2007	NUM
ejsice-5084	52	3	)	)	PUNCT
ejsice-5084	52	4	)	)	PUNCT
ejsice-5084	52	5	.	.	PUNCT
ejsice-5084	53	1	this	this	PRON
ejsice-5084	53	2	is	be	AUX
ejsice-5084	53	3	how	how	SCONJ
ejsice-5084	53	4	hermalin	hermalin	NOUN
ejsice-5084	53	5	and	and	CCONJ
ejsice-5084	53	6	weisbach	weisbach	NOUN
ejsice-5084	53	7	(	(	PUNCT
ejsice-5084	53	8	2000	2000	NUM
ejsice-5084	53	9	)	)	PUNCT
ejsice-5084	53	10	describe	describe	VERB
ejsice-5084	53	11	it	it	PRON
ejsice-5084	53	12	as	as	ADP
ejsice-5084	53	13	the	the	DET
ejsice-5084	53	14	"	"	PUNCT
ejsice-5084	53	15	heart	heart	NOUN
ejsice-5084	53	16	of	of	ADP
ejsice-5084	53	17	governance	governance	NOUN
ejsice-5084	53	18	"	"	PUNCT
ejsice-5084	53	19	.	.	PUNCT
ejsice-5084	54	1	the	the	DET
ejsice-5084	54	2	size	size	NOUN
ejsice-5084	54	3	of	of	ADP
ejsice-5084	54	4	the	the	DET
ejsice-5084	54	5	board	board	NOUN
ejsice-5084	54	6	of	of	ADP
ejsice-5084	54	7	directors	director	NOUN
ejsice-5084	54	8	is	be	AUX
ejsice-5084	54	9	also	also	ADV
ejsice-5084	54	10	seen	see	VERB
ejsice-5084	54	11	as	as	ADP
ejsice-5084	54	12	a	a	DET
ejsice-5084	54	13	variable	variable	NOUN
ejsice-5084	54	14	that	that	PRON
ejsice-5084	54	15	may	may	AUX
ejsice-5084	54	16	have	have	VERB
ejsice-5084	54	17	a	a	DET
ejsice-5084	54	18	significant	significant	ADJ
ejsice-5084	54	19	impact	impact	NOUN
ejsice-5084	54	20	on	on	ADP
ejsice-5084	54	21	its	its	PRON
ejsice-5084	54	22	effectiveness	effectiveness	NOUN
ejsice-5084	54	23	(	(	PUNCT
ejsice-5084	54	24	p.	p.	PROPN
ejsice-5084	54	25	andré	andré	PROPN
ejsice-5084	54	26	and	and	CCONJ
ejsice-5084	54	27	e.	e.	PROPN
ejsice-5084	54	28	schiehll	schiehll	PROPN
ejsice-5084	54	29	2004	2004	NUM
ejsice-5084	54	30	)	)	PUNCT
ejsice-5084	54	31	.	.	PUNCT
ejsice-5084	55	1	according	accord	VERB
ejsice-5084	55	2	to	to	ADP
ejsice-5084	55	3	the	the	DET
ejsice-5084	55	4	results	result	NOUN
ejsice-5084	55	5	of	of	ADP
ejsice-5084	55	6	yermack(1996	yermack(1996	NOUN
ejsice-5084	55	7	)	)	PUNCT
ejsice-5084	55	8	and	and	CCONJ
ejsice-5084	55	9	s.	s.	PROPN
ejsice-5084	55	10	bahagat	bahagat	PROPN
ejsice-5084	55	11	and	and	CCONJ
ejsice-5084	55	12	black	black	ADJ
ejsice-5084	55	13	(	(	PUNCT
ejsice-5084	55	14	2002	2002	NUM
ejsice-5084	55	15	)	)	PUNCT
ejsice-5084	55	16	,	,	PUNCT
ejsice-5084	55	17	this	this	DET
ejsice-5084	55	18	effect	effect	NOUN
ejsice-5084	55	19	is	be	AUX
ejsice-5084	55	20	negative	negative	ADJ
ejsice-5084	55	21	because	because	SCONJ
ejsice-5084	55	22	the	the	DET
ejsice-5084	55	23	board	board	NOUN
ejsice-5084	55	24	loses	lose	VERB
ejsice-5084	55	25	its	its	PRON
ejsice-5084	55	26	effectiveness	effectiveness	NOUN
ejsice-5084	55	27	as	as	ADP
ejsice-5084	55	28	the	the	DET
ejsice-5084	55	29	size	size	NOUN
ejsice-5084	55	30	of	of	ADP
ejsice-5084	55	31	the	the	DET
ejsice-5084	55	32	board	board	NOUN
ejsice-5084	55	33	increases.in	increases.in	AUX
ejsice-5084	55	34	contrast	contrast	NOUN
ejsice-5084	55	35	to	to	ADP
ejsice-5084	55	36	these	these	DET
ejsice-5084	55	37	results	result	NOUN
ejsice-5084	55	38	,	,	PUNCT
ejsice-5084	55	39	the	the	DET
ejsice-5084	55	40	results	result	NOUN
ejsice-5084	55	41	of	of	ADP
ejsice-5084	55	42	godard	godard	NOUN
ejsice-5084	55	43	(	(	PUNCT
ejsice-5084	55	44	2001	2001	NUM
ejsice-5084	55	45	)	)	PUNCT
ejsice-5084	55	46	show	show	VERB
ejsice-5084	55	47	that	that	SCONJ
ejsice-5084	55	48	the	the	DET
ejsice-5084	55	49	size	size	NOUN
ejsice-5084	55	50	of	of	ADP
ejsice-5084	55	51	the	the	DET
ejsice-5084	55	52	board	board	NOUN
ejsice-5084	55	53	has	have	VERB
ejsice-5084	55	54	no	no	DET
ejsice-5084	55	55	effect	effect	NOUN
ejsice-5084	55	56	on	on	ADP
ejsice-5084	55	57	the	the	DET
ejsice-5084	55	58	performance	performance	NOUN
ejsice-5084	55	59	of	of	ADP
ejsice-5084	55	60	french	french	ADJ
ejsice-5084	55	61	companies	company	NOUN
ejsice-5084	55	62	and	and	CCONJ
ejsice-5084	55	63	it	it	PRON
ejsice-5084	55	64	has	have	VERB
ejsice-5084	55	65	nothing	nothing	PRON
ejsice-5084	55	66	to	to	PART
ejsice-5084	55	67	do	do	VERB
ejsice-5084	55	68	with	with	ADP
ejsice-5084	55	69	the	the	DET
ejsice-5084	55	70	performance	performance	NOUN
ejsice-5084	55	71	indicators	indicator	NOUN
ejsice-5084	55	72	used.yermack	used.yermack	PROPN
ejsice-5084	55	73	(	(	PUNCT
ejsice-5084	55	74	1996	1996	NUM
ejsice-5084	55	75	)	)	PUNCT
ejsice-5084	55	76	also	also	ADV
ejsice-5084	55	77	showed	show	VERB
ejsice-5084	55	78	a	a	DET
ejsice-5084	55	79	negative	negative	ADJ
ejsice-5084	55	80	correlation	correlation	NOUN
ejsice-5084	55	81	between	between	ADP
ejsice-5084	55	82	the	the	DET
ejsice-5084	55	83	size	size	NOUN
ejsice-5084	55	84	of	of	ADP
ejsice-5084	55	85	the	the	DET
ejsice-5084	55	86	board	board	NOUN
ejsice-5084	55	87	of	of	ADP
ejsice-5084	55	88	directors	director	NOUN
ejsice-5084	55	89	and	and	CCONJ
ejsice-5084	55	90	the	the	DET
ejsice-5084	55	91	value	value	NOUN
ejsice-5084	55	92	of	of	ADP
ejsice-5084	55	93	the	the	DET
ejsice-5084	55	94	company	company	NOUN
ejsice-5084	55	95	,	,	PUNCT
ejsice-5084	55	96	because	because	SCONJ
ejsice-5084	55	97	of	of	ADP
ejsice-5084	55	98	communication	communication	NOUN
ejsice-5084	55	99	difficulties	difficulty	NOUN
ejsice-5084	55	100	and	and	CCONJ
ejsice-5084	55	101	the	the	DET
ejsice-5084	55	102	high	high	ADJ
ejsice-5084	55	103	cost	cost	NOUN
ejsice-5084	55	104	of	of	ADP
ejsice-5084	55	105	joint	joint	NOUN
ejsice-5084	55	106	decision-making.through	decision-making.through	PROPN
ejsice-5084	55	107	these	these	DET
ejsice-5084	55	108	studies	study	NOUN
ejsice-5084	55	109	,	,	PUNCT
ejsice-5084	55	110	we	we	PRON
ejsice-5084	55	111	can	can	AUX
ejsice-5084	55	112	draw	draw	VERB
ejsice-5084	55	113	the	the	DET
ejsice-5084	55	114	following	follow	VERB
ejsice-5084	55	115	first	first	ADJ
ejsice-5084	55	116	hypothesis	hypothesis	NOUN
ejsice-5084	55	117	:	:	PUNCT
ejsice-5084	55	118	hypothesis	hypothesis	NOUN
ejsice-5084	55	119	1	1	NUM
ejsice-5084	55	120	:	:	PUNCT
ejsice-5084	55	121	the	the	PRON
ejsice-5084	55	122	higher	high	ADJ
ejsice-5084	55	123	the	the	DET
ejsice-5084	55	124	governance	governance	NOUN
ejsice-5084	55	125	’s	’s	PART
ejsice-5084	55	126	score	score	NOUN
ejsice-5084	55	127	related	relate	VERB
ejsice-5084	55	128	to	to	ADP
ejsice-5084	55	129	board	board	NOUN
ejsice-5084	55	130	composition	composition	NOUN
ejsice-5084	55	131	,	,	PUNCT
ejsice-5084	55	132	the	the	PRON
ejsice-5084	55	133	higher	high	ADJ
ejsice-5084	55	134	the	the	DET
ejsice-5084	55	135	company	company	NOUN
ejsice-5084	55	136	's	's	PART
ejsice-5084	55	137	financial	financial	ADJ
ejsice-5084	55	138	and	and	CCONJ
ejsice-5084	55	139	stock	stock	NOUN
ejsice-5084	55	140	market	market	NOUN
ejsice-5084	55	141	performance	performance	NOUN
ejsice-5084	55	142	increase	increase	NOUN
ejsice-5084	55	143	salary	salary	NOUN
ejsice-5084	55	144	system	system	NOUN
ejsice-5084	55	145	and	and	CCONJ
ejsice-5084	55	146	performance	performance	NOUN
ejsice-5084	55	147	:	:	PUNCT
ejsice-5084	55	148	widodo	widodo	NOUN
ejsice-5084	55	149	,	,	PUNCT
ejsice-5084	55	150	d.	d.	PROPN
ejsice-5084	55	151	s.	s.	PROPN
ejsice-5084	55	152	,	,	PUNCT
ejsice-5084	55	153	silitonga	silitonga	ADV
ejsice-5084	55	154	,	,	PUNCT
ejsice-5084	55	155	p.	p.	PROPN
ejsice-5084	55	156	,	,	PUNCT
ejsice-5084	55	157	&	&	CCONJ
ejsice-5084	55	158	ali	ali	PROPN
ejsice-5084	55	159	,	,	PUNCT
ejsice-5084	55	160	h.	h.	PROPN
ejsice-5084	55	161	(	(	PUNCT
ejsice-5084	55	162	2020	2020	NUM
ejsice-5084	55	163	)	)	PUNCT
ejsice-5084	55	164	,	,	PUNCT
ejsice-5084	55	165	srivastava	srivastava	PROPN
ejsice-5084	55	166	,	,	PUNCT
ejsice-5084	55	167	a.	a.	PROPN
ejsice-5084	55	168	,	,	PUNCT
ejsice-5084	55	169	&	&	CCONJ
ejsice-5084	55	170	bhatia	bhatia	PROPN
ejsice-5084	55	171	,	,	PUNCT
ejsice-5084	55	172	s.	s.	PROPN
ejsice-5084	55	173	(	(	PUNCT
ejsice-5084	55	174	2020	2020	NUM
ejsice-5084	55	175	)	)	PUNCT
ejsice-5084	55	176	and	and	CCONJ
ejsice-5084	55	177	p.	p.	NOUN
ejsice-5084	55	178	andré	andré	PROPN
ejsice-5084	55	179	and	and	CCONJ
ejsice-5084	55	180	e.	e.	PROPN
ejsice-5084	55	181	schiehll	schiehll	PROPN
ejsice-5084	55	182	(	(	PUNCT
ejsice-5084	55	183	2004	2004	NUM
ejsice-5084	55	184	)	)	PUNCT
ejsice-5084	55	185	believe	believe	VERB
ejsice-5084	55	186	that	that	SCONJ
ejsice-5084	55	187	company	company	NOUN
ejsice-5084	55	188	performance	performance	NOUN
ejsice-5084	55	189	will	will	AUX
ejsice-5084	55	190	be	be	AUX
ejsice-5084	55	191	related	relate	VERB
ejsice-5084	55	192	to	to	ADP
ejsice-5084	55	193	the	the	DET
ejsice-5084	55	194	relative	relative	ADJ
ejsice-5084	55	195	importance	importance	NOUN
ejsice-5084	55	196	of	of	ADP
ejsice-5084	55	197	long	long	ADJ
ejsice-5084	55	198	-	-	PUNCT
ejsice-5084	55	199	term	term	NOUN
ejsice-5084	55	200	incentive	incentive	NOUN
ejsice-5084	55	201	compensation	compensation	NOUN
ejsice-5084	55	202	,	,	PUNCT
ejsice-5084	55	203	such	such	ADJ
ejsice-5084	55	204	as	as	ADP
ejsice-5084	55	205	cash	cash	NOUN
ejsice-5084	55	206	dividends	dividend	NOUN
ejsice-5084	55	207	and	and	CCONJ
ejsice-5084	55	208	the	the	DET
ejsice-5084	55	209	grant	grant	NOUN
ejsice-5084	55	210	of	of	ADP
ejsice-5084	55	211	stock	stock	NOUN
ejsice-5084	55	212	options	option	NOUN
ejsice-5084	55	213	.	.	PUNCT
ejsice-5084	56	1	therefore	therefore	ADV
ejsice-5084	56	2	,	,	PUNCT
ejsice-5084	56	3	our	our	PRON
ejsice-5084	56	4	second	second	ADJ
ejsice-5084	56	5	assumption	assumption	NOUN
ejsice-5084	56	6	is	be	AUX
ejsice-5084	56	7	:	:	PUNCT
ejsice-5084	56	8	http://www.ojs.unito.it/index.php/ejsice/index	http://www.ojs.unito.it/index.php/ejsice/index	PROPN
ejsice-5084	56	9	european	european	PROPN
ejsice-5084	56	10	journal	journal	PROPN
ejsice-5084	56	11	of	of	ADP
ejsice-5084	56	12	social	social	ADJ
ejsice-5084	56	13	impact	impact	NOUN
ejsice-5084	56	14	and	and	CCONJ
ejsice-5084	56	15	circular	circular	ADJ
ejsice-5084	56	16	economy	economy	NOUN
ejsice-5084	56	17	issn	issn	NOUN
ejsice-5084	56	18	:	:	PUNCT
ejsice-5084	56	19	2704	2704	NUM
ejsice-5084	56	20	-	-	SYM
ejsice-5084	56	21	9906	9906	NUM
ejsice-5084	56	22	doi:10.13135/2704	doi:10.13135/2704	NOUN
ejsice-5084	56	23	-	-	PUNCT
ejsice-5084	56	24	9906/5084	9906/5084	NUM
ejsice-5084	56	25	published	publish	VERB
ejsice-5084	56	26	by	by	ADP
ejsice-5084	56	27	university	university	PROPN
ejsice-5084	56	28	of	of	ADP
ejsice-5084	56	29	turin	turin	PROPN
ejsice-5084	56	30	http://www.ojs.unito.it/index.php/ejsice/index	http://www.ojs.unito.it/index.php/ejsice/index	PROPN
ejsice-5084	56	31	ejsice	ejsice	PROPN
ejsice-5084	56	32	content	content	NOUN
ejsice-5084	56	33	is	be	AUX
ejsice-5084	56	34	licensed	license	VERB
ejsice-5084	56	35	under	under	ADP
ejsice-5084	56	36	a	a	DET
ejsice-5084	56	37	creative	creative	ADJ
ejsice-5084	56	38	commons	common	NOUN
ejsice-5084	56	39	attribution	attribution	NOUN
ejsice-5084	56	40	4.0	4.0	NUM
ejsice-5084	56	41	internationallicense	internationallicense	NOUN
ejsice-5084	56	42	6	6	NUM
ejsice-5084	56	43	hypothesis	hypothesis	NOUN
ejsice-5084	56	44	3	3	NUM
ejsice-5084	56	45	:	:	PUNCT
ejsice-5084	56	46	the	the	PRON
ejsice-5084	56	47	higher	high	ADJ
ejsice-5084	56	48	the	the	DET
ejsice-5084	56	49	governance	governance	NOUN
ejsice-5084	56	50	’s	’s	PART
ejsice-5084	56	51	score	score	NOUN
ejsice-5084	56	52	related	relate	VERB
ejsice-5084	56	53	to	to	PART
ejsice-5084	56	54	respect	respect	VERB
ejsice-5084	56	55	for	for	ADP
ejsice-5084	56	56	shareholder	shareholder	NOUN
ejsice-5084	56	57	rights	right	NOUN
ejsice-5084	56	58	,	,	PUNCT
ejsice-5084	56	59	the	the	PRON
ejsice-5084	56	60	higher	high	ADJ
ejsice-5084	56	61	the	the	DET
ejsice-5084	56	62	company	company	NOUN
ejsice-5084	56	63	's	's	PART
ejsice-5084	56	64	financial	financial	ADJ
ejsice-5084	56	65	and	and	CCONJ
ejsice-5084	56	66	stock	stock	NOUN
ejsice-5084	56	67	market	market	NOUN
ejsice-5084	56	68	performance	performance	NOUN
ejsice-5084	56	69	increase	increase	NOUN
ejsice-5084	56	70	.	.	PUNCT
ejsice-5084	57	1	shareholder	shareholder	NOUN
ejsice-5084	57	2	rights	right	NOUN
ejsice-5084	57	3	and	and	CCONJ
ejsice-5084	57	4	company	company	NOUN
ejsice-5084	57	5	performance	performance	NOUN
ejsice-5084	57	6	:	:	PUNCT
ejsice-5084	57	7	gompers	gomper	NOUN
ejsice-5084	57	8	,	,	PUNCT
ejsice-5084	57	9	ischii	ischii	ADJ
ejsice-5084	57	10	,	,	PUNCT
ejsice-5084	57	11	and	and	CCONJ
ejsice-5084	57	12	metrick	metrick	ADJ
ejsice-5084	57	13	(	(	PUNCT
ejsice-5084	57	14	2003	2003	NUM
ejsice-5084	57	15	)	)	PUNCT
ejsice-5084	57	16	,	,	PUNCT
ejsice-5084	57	17	esposito	esposito	PROPN
ejsice-5084	57	18	,	,	PUNCT
ejsice-5084	57	19	p.	p.	NOUN
ejsice-5084	57	20	,	,	PUNCT
ejsice-5084	57	21	&	&	CCONJ
ejsice-5084	57	22	dicorato	dicorato	PROPN
ejsice-5084	57	23	,	,	PUNCT
ejsice-5084	57	24	s.	s.	PROPN
ejsice-5084	57	25	l.	l.	PROPN
ejsice-5084	57	26	(	(	PUNCT
ejsice-5084	57	27	2020	2020	NUM
ejsice-5084	57	28	)	)	PUNCT
ejsice-5084	57	29	and	and	CCONJ
ejsice-5084	57	30	horstmeyer	horstmeyer	PROPN
ejsice-5084	57	31	,	,	PUNCT
ejsice-5084	57	32	d.	d.	PROPN
ejsice-5084	57	33	,	,	PUNCT
ejsice-5084	57	34	&	&	CCONJ
ejsice-5084	57	35	wells	wells	PROPN
ejsice-5084	57	36	,	,	PUNCT
ejsice-5084	57	37	k.	k.	PROPN
ejsice-5084	57	38	(	(	PUNCT
ejsice-5084	57	39	2017	2017	NUM
ejsice-5084	57	40	)	)	PUNCT
ejsice-5084	57	41	show	show	VERB
ejsice-5084	57	42	that	that	SCONJ
ejsice-5084	57	43	the	the	DET
ejsice-5084	57	44	company	company	NOUN
ejsice-5084	57	45	with	with	ADP
ejsice-5084	57	46	the	the	DET
ejsice-5084	57	47	strongest	strong	ADJ
ejsice-5084	57	48	shareholder	shareholder	NOUN
ejsice-5084	57	49	rights	right	NOUN
ejsice-5084	57	50	has	have	VERB
ejsice-5084	57	51	higher	high	ADJ
ejsice-5084	57	52	value	value	NOUN
ejsice-5084	57	53	,	,	PUNCT
ejsice-5084	57	54	higher	high	ADJ
ejsice-5084	57	55	profits	profit	NOUN
ejsice-5084	57	56	,	,	PUNCT
ejsice-5084	57	57	higher	high	ADJ
ejsice-5084	57	58	sales	sale	NOUN
ejsice-5084	57	59	growth	growth	NOUN
ejsice-5084	57	60	,	,	PUNCT
ejsice-5084	57	61	and	and	CCONJ
ejsice-5084	57	62	more	more	ADJ
ejsice-5084	57	63	and	and	CCONJ
ejsice-5084	57	64	lower	low	ADJ
ejsice-5084	57	65	capital	capital	NOUN
ejsice-5084	57	66	expenditures	expenditure	NOUN
ejsice-5084	57	67	.	.	PUNCT
ejsice-5084	58	1	therefore	therefore	ADV
ejsice-5084	58	2	,	,	PUNCT
ejsice-5084	58	3	the	the	DET
ejsice-5084	58	4	third	third	ADJ
ejsice-5084	58	5	research	research	NOUN
ejsice-5084	58	6	hypothesis	hypothesis	NOUN
ejsice-5084	58	7	can	can	AUX
ejsice-5084	58	8	be	be	AUX
ejsice-5084	58	9	as	as	SCONJ
ejsice-5084	58	10	follows	follow	VERB
ejsice-5084	58	11	:	:	PUNCT
ejsice-5084	58	12	disclosure	disclosure	NOUN
ejsice-5084	58	13	and	and	CCONJ
ejsice-5084	58	14	performance	performance	NOUN
ejsice-5084	58	15	:	:	PUNCT
ejsice-5084	58	16	the	the	DET
ejsice-5084	58	17	increase	increase	NOUN
ejsice-5084	58	18	in	in	ADP
ejsice-5084	58	19	information	information	NOUN
ejsice-5084	58	20	disclosure	disclosure	NOUN
ejsice-5084	58	21	has	have	AUX
ejsice-5084	58	22	led	lead	VERB
ejsice-5084	58	23	to	to	ADP
ejsice-5084	58	24	lower	low	ADJ
ejsice-5084	58	25	agency	agency	NOUN
ejsice-5084	58	26	costs	cost	NOUN
ejsice-5084	58	27	and	and	CCONJ
ejsice-5084	58	28	therefore	therefore	ADV
ejsice-5084	58	29	increased	increase	VERB
ejsice-5084	58	30	company	company	NOUN
ejsice-5084	58	31	value	value	NOUN
ejsice-5084	58	32	(	(	PUNCT
ejsice-5084	58	33	f.	f.	PROPN
ejsice-5084	58	34	adjaoud	adjaoud	PROPN
ejsice-5084	58	35	,	,	PUNCT
ejsice-5084	58	36	d.	d.	NOUN
ejsice-5084	58	37	zeghal	zeghal	NOUN
ejsice-5084	58	38	and	and	CCONJ
ejsice-5084	58	39	s.	s.	PROPN
ejsice-5084	58	40	andaleeb	andaleeb	PROPN
ejsice-5084	58	41	(	(	PUNCT
ejsice-5084	58	42	2007),beshi	2007),beshi	NUM
ejsice-5084	58	43	,	,	PUNCT
ejsice-5084	58	44	t.	t.	PROPN
ejsice-5084	58	45	d.	d.	PROPN
ejsice-5084	58	46	,	,	PUNCT
ejsice-5084	58	47	&	&	CCONJ
ejsice-5084	58	48	kaur	kaur	PROPN
ejsice-5084	58	49	,	,	PUNCT
ejsice-5084	58	50	r.	r.	PROPN
ejsice-5084	58	51	(	(	PUNCT
ejsice-5084	58	52	2020	2020	NUM
ejsice-5084	58	53	)	)	PUNCT
ejsice-5084	58	54	and	and	CCONJ
ejsice-5084	58	55	çelik	çelik	NOUN
ejsice-5084	58	56	,	,	PUNCT
ejsice-5084	58	57	ş	ş	X
ejsice-5084	58	58	.	.	NUM
ejsice-5084	58	59	,	,	PUNCT
ejsice-5084	58	60	&	&	CCONJ
ejsice-5084	58	61	güleç	güleç	PROPN
ejsice-5084	58	62	,	,	PUNCT
ejsice-5084	58	63	t.	t.	PROPN
ejsice-5084	58	64	c.	c.	PROPN
ejsice-5084	58	65	(	(	PUNCT
ejsice-5084	58	66	2020	2020	NUM
ejsice-5084	58	67	)	)	PUNCT
ejsice-5084	58	68	)	)	PUNCT
ejsice-5084	58	69	therefore	therefore	ADV
ejsice-5084	58	70	,	,	PUNCT
ejsice-5084	58	71	we	we	PRON
ejsice-5084	58	72	can	can	AUX
ejsice-5084	58	73	state	state	VERB
ejsice-5084	58	74	the	the	DET
ejsice-5084	58	75	last	last	ADJ
ejsice-5084	58	76	hypothesis	hypothesis	NOUN
ejsice-5084	58	77	of	of	ADP
ejsice-5084	58	78	the	the	DET
ejsice-5084	58	79	study	study	NOUN
ejsice-5084	58	80	as	as	SCONJ
ejsice-5084	58	81	follows	follow	VERB
ejsice-5084	58	82	:	:	PUNCT
ejsice-5084	58	83	3	3	X
ejsice-5084	58	84	.	.	X
ejsice-5084	58	85	research	research	NOUN
ejsice-5084	58	86	methodology	methodology	NOUN
ejsice-5084	58	87	in	in	ADP
ejsice-5084	58	88	this	this	DET
ejsice-5084	58	89	case	case	NOUN
ejsice-5084	58	90	,	,	PUNCT
ejsice-5084	58	91	we	we	PRON
ejsice-5084	58	92	propose	propose	VERB
ejsice-5084	58	93	a	a	DET
ejsice-5084	58	94	choice	choice	NOUN
ejsice-5084	58	95	of	of	ADP
ejsice-5084	58	96	methods	method	NOUN
ejsice-5084	58	97	that	that	PRON
ejsice-5084	58	98	can	can	AUX
ejsice-5084	58	99	verify	verify	VERB
ejsice-5084	58	100	the	the	DET
ejsice-5084	58	101	research	research	NOUN
ejsice-5084	58	102	hypothesis.firstly	hypothesis.firstly	ADV
ejsice-5084	58	103	,	,	PUNCT
ejsice-5084	58	104	we	we	PRON
ejsice-5084	58	105	expose	expose	VERB
ejsice-5084	58	106	our	our	PRON
ejsice-5084	58	107	research	research	NOUN
ejsice-5084	58	108	samples	sample	NOUN
ejsice-5084	58	109	.	.	PUNCT
ejsice-5084	59	1	secondly	secondly	ADV
ejsice-5084	59	2	,	,	PUNCT
ejsice-5084	59	3	we	we	PRON
ejsice-5084	59	4	developed	develop	VERB
ejsice-5084	59	5	the	the	DET
ejsice-5084	59	6	variables	variable	NOUN
ejsice-5084	59	7	held	hold	VERB
ejsice-5084	59	8	within	within	ADP
ejsice-5084	59	9	the	the	DET
ejsice-5084	59	10	framework	framework	NOUN
ejsice-5084	59	11	of	of	ADP
ejsice-5084	59	12	this	this	DET
ejsice-5084	59	13	research	research	NOUN
ejsice-5084	59	14	.	.	PUNCT
ejsice-5084	60	1	3.1	3.1	NUM
ejsice-5084	60	2	.	.	PUNCT
ejsice-5084	60	3	framework	framework	NOUN
ejsice-5084	60	4	of	of	ADP
ejsice-5084	60	5	research	research	NOUN
ejsice-5084	60	6	the	the	DET
ejsice-5084	60	7	purpose	purpose	NOUN
ejsice-5084	60	8	of	of	ADP
ejsice-5084	60	9	this	this	DET
ejsice-5084	60	10	study	study	NOUN
ejsice-5084	60	11	is	be	AUX
ejsice-5084	60	12	to	to	PART
ejsice-5084	60	13	evaluate	evaluate	VERB
ejsice-5084	60	14	the	the	DET
ejsice-5084	60	15	impact	impact	NOUN
ejsice-5084	60	16	of	of	ADP
ejsice-5084	60	17	good	good	ADJ
ejsice-5084	60	18	governance	governance	NOUN
ejsice-5084	60	19	on	on	ADP
ejsice-5084	60	20	the	the	DET
ejsice-5084	60	21	performance	performance	NOUN
ejsice-5084	60	22	of	of	ADP
ejsice-5084	60	23	listed	list	VERB
ejsice-5084	60	24	companies	company	NOUN
ejsice-5084	60	25	.	.	PUNCT
ejsice-5084	61	1	therefore	therefore	ADV
ejsice-5084	61	2	,	,	PUNCT
ejsice-5084	61	3	we	we	PRON
ejsice-5084	61	4	take	take	VERB
ejsice-5084	61	5	130	130	NUM
ejsice-5084	61	6	listed	list	VERB
ejsice-5084	61	7	companies	company	NOUN
ejsice-5084	61	8	in	in	ADP
ejsice-5084	61	9	tunisia	tunisia	PROPN
ejsice-5084	61	10	as	as	ADP
ejsice-5084	61	11	a	a	DET
ejsice-5084	61	12	sample.the	sample.the	DET
ejsice-5084	61	13	sample	sample	NOUN
ejsice-5084	61	14	covers	cover	VERB
ejsice-5084	61	15	companies	company	NOUN
ejsice-5084	61	16	belonging	belong	VERB
ejsice-5084	61	17	to	to	ADP
ejsice-5084	61	18	three	three	NUM
ejsice-5084	61	19	different	different	ADJ
ejsice-5084	61	20	sectors	sector	NOUN
ejsice-5084	61	21	:	:	PUNCT
ejsice-5084	61	22	the	the	DET
ejsice-5084	61	23	industrial	industrial	ADJ
ejsice-5084	61	24	,	,	PUNCT
ejsice-5084	61	25	commercial	commercial	ADJ
ejsice-5084	61	26	and	and	CCONJ
ejsice-5084	61	27	service	service	NOUN
ejsice-5084	61	28	sector.these	sector.these	ADJ
ejsice-5084	61	29	samples	sample	NOUN
ejsice-5084	61	30	held	hold	VERB
ejsice-5084	61	31	can	can	AUX
ejsice-5084	61	32	better	well	ADV
ejsice-5084	61	33	consider	consider	VERB
ejsice-5084	61	34	the	the	DET
ejsice-5084	61	35	impact	impact	NOUN
ejsice-5084	61	36	of	of	ADP
ejsice-5084	61	37	governance	governance	NOUN
ejsice-5084	61	38	on	on	ADP
ejsice-5084	61	39	performance	performance	NOUN
ejsice-5084	61	40	.	.	PUNCT
ejsice-5084	62	1	therefore	therefore	ADV
ejsice-5084	62	2	,	,	PUNCT
ejsice-5084	62	3	the	the	DET
ejsice-5084	62	4	research	research	NOUN
ejsice-5084	62	5	interval	interval	NOUN
ejsice-5084	62	6	is	be	AUX
ejsice-5084	62	7	30	30	NUM
ejsice-5084	62	8	years	year	NOUN
ejsice-5084	62	9	,	,	PUNCT
ejsice-5084	62	10	from	from	ADP
ejsice-5084	62	11	1990	1990	NUM
ejsice-5084	62	12	to	to	ADP
ejsice-5084	62	13	2019	2019	NUM
ejsice-5084	62	14	according	accord	VERB
ejsice-5084	62	15	to	to	ADP
ejsice-5084	62	16	financial	financial	ADJ
ejsice-5084	62	17	information	information	NOUN
ejsice-5084	62	18	collected	collect	VERB
ejsice-5084	62	19	from	from	ADP
ejsice-5084	62	20	the	the	DET
ejsice-5084	62	21	bank	bank	NOUN
ejsice-5084	62	22	’s	’s	PART
ejsice-5084	62	23	annual	annual	ADJ
ejsice-5084	62	24	activity	activity	NOUN
ejsice-5084	62	25	report	report	NOUN
ejsice-5084	62	26	,	,	PUNCT
ejsice-5084	62	27	aptbef	aptbef	NOUN
ejsice-5084	62	28	’s	’s	PART
ejsice-5084	62	29	annual	annual	ADJ
ejsice-5084	62	30	report	report	NOUN
ejsice-5084	62	31	,	,	PUNCT
ejsice-5084	62	32	bvmt	bvmt	PROPN
ejsice-5084	62	33	’s	’s	PART
ejsice-5084	62	34	guidelines	guideline	NOUN
ejsice-5084	62	35	,	,	PUNCT
ejsice-5084	62	36	and	and	CCONJ
ejsice-5084	62	37	documents	document	NOUN
ejsice-5084	62	38	from	from	ADP
ejsice-5084	62	39	the	the	DET
ejsice-5084	62	40	financial	financial	ADJ
ejsice-5084	62	41	market	market	NOUN
ejsice-5084	62	42	committee	committee	NOUN
ejsice-5084	62	43	(	(	PUNCT
ejsice-5084	62	44	cmf	cmf	PROPN
ejsice-5084	62	45	)	)	PUNCT
ejsice-5084	62	46	.	.	PUNCT
ejsice-5084	63	1	3.2	3.2	NUM
ejsice-5084	63	2	.	.	PUNCT
ejsice-5084	64	1	the	the	DET
ejsice-5084	64	2	variable	variable	ADJ
ejsice-5084	64	3	research	research	NOUN
ejsice-5084	64	4	in	in	ADP
ejsice-5084	64	5	the	the	DET
ejsice-5084	64	6	following	following	NOUN
ejsice-5084	64	7	,	,	PUNCT
ejsice-5084	64	8	we	we	PRON
ejsice-5084	64	9	introduce	introduce	VERB
ejsice-5084	64	10	the	the	DET
ejsice-5084	64	11	variable	variable	NOUN
ejsice-5084	64	12	used	use	VERB
ejsice-5084	64	13	to	to	PART
ejsice-5084	64	14	evaluate	evaluate	VERB
ejsice-5084	64	15	the	the	DET
ejsice-5084	64	16	structure	structure	NOUN
ejsice-5084	64	17	of	of	ADP
ejsice-5084	64	18	the	the	DET
ejsice-5084	64	19	board	board	NOUN
ejsice-5084	64	20	of	of	ADP
ejsice-5084	64	21	directors	director	NOUN
ejsice-5084	64	22	and	and	CCONJ
ejsice-5084	64	23	measure	measure	VERB
ejsice-5084	64	24	bank	bank	NOUN
ejsice-5084	64	25	performance	performance	NOUN
ejsice-5084	64	26	.	.	PUNCT
ejsice-5084	65	1	a	a	DET
ejsice-5084	65	2	)	)	PUNCT
ejsice-5084	65	3	variables	variable	NOUN
ejsice-5084	65	4	that	that	PRON
ejsice-5084	65	5	depend	depend	VERB
ejsice-5084	65	6	on	on	ADP
ejsice-5084	65	7	company	company	NOUN
ejsice-5084	65	8	performance	performance	NOUN
ejsice-5084	65	9	our	our	PRON
ejsice-5084	65	10	goal	goal	NOUN
ejsice-5084	65	11	is	be	AUX
ejsice-5084	65	12	to	to	PART
ejsice-5084	65	13	study	study	VERB
ejsice-5084	65	14	the	the	DET
ejsice-5084	65	15	effect	effect	NOUN
ejsice-5084	65	16	of	of	ADP
ejsice-5084	65	17	explanatory	explanatory	ADJ
ejsice-5084	65	18	(	(	PUNCT
ejsice-5084	65	19	exogenous	exogenous	ADJ
ejsice-5084	65	20	)	)	PUNCT
ejsice-5084	65	21	variables	variable	NOUN
ejsice-5084	65	22	on	on	ADP
ejsice-5084	65	23	performance	performance	NOUN
ejsice-5084	65	24	.	.	PUNCT
ejsice-5084	66	1	performance	performance	NOUN
ejsice-5084	66	2	is	be	AUX
ejsice-5084	66	3	an	an	DET
ejsice-5084	66	4	endogenous	endogenous	ADJ
ejsice-5084	66	5	or	or	CCONJ
ejsice-5084	66	6	explanatory	explanatory	ADJ
ejsice-5084	66	7	variable	variable	NOUN
ejsice-5084	66	8	.	.	PUNCT
ejsice-5084	67	1	hypothesis	hypothesis	NOUN
ejsice-5084	67	2	4	4	NUM
ejsice-5084	67	3	:	:	PUNCT
ejsice-5084	67	4	the	the	PRON
ejsice-5084	67	5	higher	high	ADJ
ejsice-5084	67	6	the	the	DET
ejsice-5084	67	7	governance	governance	NOUN
ejsice-5084	67	8	’s	’s	PART
ejsice-5084	67	9	score	score	NOUN
ejsice-5084	67	10	related	relate	VERB
ejsice-5084	67	11	to	to	ADP
ejsice-5084	67	12	disclosure	disclosure	NOUN
ejsice-5084	67	13	,	,	PUNCT
ejsice-5084	67	14	the	the	PRON
ejsice-5084	67	15	higher	high	ADJ
ejsice-5084	67	16	the	the	DET
ejsice-5084	67	17	company	company	NOUN
ejsice-5084	67	18	’s	’s	PART
ejsice-5084	67	19	financial	financial	ADJ
ejsice-5084	67	20	and	and	CCONJ
ejsice-5084	67	21	stock	stock	NOUN
ejsice-5084	67	22	market	market	NOUN
ejsice-5084	67	23	performance	performance	NOUN
ejsice-5084	67	24	increase	increase	NOUN
ejsice-5084	67	25	http://www.ojs.unito.it/index.php/ejsice/index	http://www.ojs.unito.it/index.php/ejsice/index	PROPN
ejsice-5084	67	26	european	european	PROPN
ejsice-5084	67	27	journal	journal	PROPN
ejsice-5084	67	28	of	of	ADP
ejsice-5084	67	29	social	social	ADJ
ejsice-5084	67	30	impact	impact	NOUN
ejsice-5084	67	31	and	and	CCONJ
ejsice-5084	67	32	circular	circular	ADJ
ejsice-5084	67	33	economy	economy	NOUN
ejsice-5084	67	34	issn	issn	NOUN
ejsice-5084	67	35	:	:	PUNCT
ejsice-5084	67	36	2704	2704	NUM
ejsice-5084	67	37	-	-	SYM
ejsice-5084	67	38	9906	9906	NUM
ejsice-5084	67	39	doi:10.13135/2704	doi:10.13135/2704	NOUN
ejsice-5084	67	40	-	-	PUNCT
ejsice-5084	67	41	9906/5084	9906/5084	NUM
ejsice-5084	67	42	published	publish	VERB
ejsice-5084	67	43	by	by	ADP
ejsice-5084	67	44	university	university	PROPN
ejsice-5084	67	45	of	of	ADP
ejsice-5084	67	46	turin	turin	PROPN
ejsice-5084	67	47	http://www.ojs.unito.it/index.php/ejsice/index	http://www.ojs.unito.it/index.php/ejsice/index	PROPN
ejsice-5084	67	48	ejsice	ejsice	PROPN
ejsice-5084	67	49	content	content	NOUN
ejsice-5084	67	50	is	be	AUX
ejsice-5084	67	51	licensed	license	VERB
ejsice-5084	67	52	under	under	ADP
ejsice-5084	67	53	a	a	DET
ejsice-5084	67	54	creative	creative	ADJ
ejsice-5084	67	55	commons	common	NOUN
ejsice-5084	67	56	attribution	attribution	NOUN
ejsice-5084	67	57	4.0	4.0	NUM
ejsice-5084	67	58	internationallicense	internationallicense	NOUN
ejsice-5084	67	59	7	7	NUM
ejsice-5084	67	60	performance	performance	NOUN
ejsice-5084	67	61	can	can	AUX
ejsice-5084	67	62	be	be	AUX
ejsice-5084	67	63	measured	measure	VERB
ejsice-5084	67	64	by	by	ADP
ejsice-5084	67	65	using	use	VERB
ejsice-5084	67	66	market	market	NOUN
ejsice-5084	67	67	indicators	indicator	NOUN
ejsice-5084	67	68	of	of	ADP
ejsice-5084	67	69	stock	stock	NOUN
ejsice-5084	67	70	market	market	NOUN
ejsice-5084	67	71	prices	price	NOUN
ejsice-5084	67	72	(	(	PUNCT
ejsice-5084	67	73	price	price	NOUN
ejsice-5084	67	74	-	-	PUNCT
ejsice-5084	67	75	tobook	tobook	NOUN
ejsice-5084	67	76	ratio	ratio	NOUN
ejsice-5084	67	77	,	,	PUNCT
ejsice-5084	67	78	price	price	NOUN
ejsice-5084	67	79	-	-	PUNCT
ejsice-5084	67	80	earnings	earning	NOUN
ejsice-5084	67	81	ratio	ratio	NOUN
ejsice-5084	67	82	,	,	PUNCT
ejsice-5084	67	83	total	total	ADJ
ejsice-5084	67	84	shareholder	shareholder	NOUN
ejsice-5084	67	85	return	return	NOUN
ejsice-5084	67	86	,	,	PUNCT
ejsice-5084	67	87	etc	etc	X
ejsice-5084	67	88	.	.	X
ejsice-5084	67	89	)	)	PUNCT
ejsice-5084	67	90	or	or	CCONJ
ejsice-5084	67	91	roe	roe	PROPN
ejsice-5084	67	92	or	or	CCONJ
ejsice-5084	67	93	roa	roa	PROPN
ejsice-5084	67	94	type	type	NOUN
ejsice-5084	67	95	accounting	accounting	NOUN
ejsice-5084	67	96	indicators	indicator	NOUN
ejsice-5084	67	97	.	.	PUNCT
ejsice-5084	68	1	in	in	ADP
ejsice-5084	68	2	our	our	PRON
ejsice-5084	68	3	research	research	NOUN
ejsice-5084	68	4	,	,	PUNCT
ejsice-5084	68	5	we	we	PRON
ejsice-5084	68	6	use	use	VERB
ejsice-5084	68	7	the	the	DET
ejsice-5084	68	8	ratio	ratio	NOUN
ejsice-5084	68	9	of	of	ADP
ejsice-5084	68	10	return	return	NOUN
ejsice-5084	68	11	on	on	ADP
ejsice-5084	68	12	assets	asset	NOUN
ejsice-5084	68	13	(	(	PUNCT
ejsice-5084	68	14	roa	roa	NOUN
ejsice-5084	68	15	)	)	PUNCT
ejsice-5084	68	16	to	to	PART
ejsice-5084	68	17	return	return	VERB
ejsice-5084	68	18	on	on	ADP
ejsice-5084	68	19	equity	equity	NOUN
ejsice-5084	68	20	(	(	PUNCT
ejsice-5084	68	21	roe	roe	PROPN
ejsice-5084	68	22	)	)	PUNCT
ejsice-5084	68	23	roa	roa	PROPN
ejsice-5084	68	24	(	(	PUNCT
ejsice-5084	68	25	return	return	VERB
ejsice-5084	68	26	on	on	ADP
ejsice-5084	68	27	assets	asset	NOUN
ejsice-5084	68	28	)	)	PUNCT
ejsice-5084	68	29	economic	economic	ADJ
ejsice-5084	68	30	performance	performance	NOUN
ejsice-5084	68	31	:	:	PUNCT
ejsice-5084	68	32	this	this	DET
ejsice-5084	68	33	ratio	ratio	NOUN
ejsice-5084	68	34	is	be	AUX
ejsice-5084	68	35	also	also	ADV
ejsice-5084	68	36	called	call	VERB
ejsice-5084	68	37	the	the	DET
ejsice-5084	68	38	earning	earn	VERB
ejsice-5084	68	39	rate	rate	NOUN
ejsice-5084	68	40	of	of	ADP
ejsice-5084	68	41	permanent	permanent	ADJ
ejsice-5084	68	42	capital	capital	NOUN
ejsice-5084	68	43	because	because	SCONJ
ejsice-5084	68	44	it	it	PRON
ejsice-5084	68	45	represents	represent	VERB
ejsice-5084	68	46	the	the	DET
ejsice-5084	68	47	ability	ability	NOUN
ejsice-5084	68	48	of	of	ADP
ejsice-5084	68	49	the	the	DET
ejsice-5084	68	50	capital	capital	NOUN
ejsice-5084	68	51	to	to	PART
ejsice-5084	68	52	create	create	VERB
ejsice-5084	68	53	a	a	DET
ejsice-5084	68	54	certain	certain	ADJ
ejsice-5084	68	55	level	level	NOUN
ejsice-5084	68	56	of	of	ADP
ejsice-5084	68	57	operating	operate	VERB
ejsice-5084	68	58	profit	profit	NOUN
ejsice-5084	68	59	to	to	PART
ejsice-5084	68	60	compare	compare	VERB
ejsice-5084	68	61	the	the	DET
ejsice-5084	68	62	result	result	NOUN
ejsice-5084	68	63	with	with	ADP
ejsice-5084	68	64	the	the	DET
ejsice-5084	68	65	method	method	NOUN
ejsice-5084	68	66	to	to	PART
ejsice-5084	68	67	achieve	achieve	VERB
ejsice-5084	68	68	the	the	DET
ejsice-5084	68	69	goal	goal	NOUN
ejsice-5084	68	70	.	.	PUNCT
ejsice-5084	69	1	roa	roa	PROPN
ejsice-5084	69	2	=	=	PROPN
ejsice-5084	69	3	capital	capital	NOUN
ejsice-5084	69	4	used	use	VERB
ejsice-5084	69	5	=	=	PUNCT
ejsice-5084	69	6	equity	equity	NOUN
ejsice-5084	69	7	+	+	CCONJ
ejsice-5084	69	8	lmt	lmt	PROPN
ejsice-5084	69	9	debts	debt	NOUN
ejsice-5084	69	10	the	the	DET
ejsice-5084	69	11	financial	financial	ADJ
ejsice-5084	69	12	performance	performance	NOUN
ejsice-5084	69	13	of	of	ADP
ejsice-5084	69	14	the	the	DET
ejsice-5084	69	15	return	return	NOUN
ejsice-5084	69	16	on	on	ADP
ejsice-5084	69	17	equity	equity	NOUN
ejsice-5084	69	18	(	(	PUNCT
ejsice-5084	69	19	roe):this	roe):this	DET
ejsice-5084	69	20	ratio	ratio	NOUN
ejsice-5084	69	21	is	be	AUX
ejsice-5084	69	22	also	also	ADV
ejsice-5084	69	23	called	call	VERB
ejsice-5084	69	24	the	the	DET
ejsice-5084	69	25	return	return	NOUN
ejsice-5084	69	26	on	on	ADP
ejsice-5084	69	27	equity	equity	NOUN
ejsice-5084	69	28	,	,	PUNCT
ejsice-5084	69	29	which	which	PRON
ejsice-5084	69	30	represents	represent	VERB
ejsice-5084	69	31	the	the	DET
ejsice-5084	69	32	ability	ability	NOUN
ejsice-5084	69	33	of	of	ADP
ejsice-5084	69	34	shareholders	shareholder	NOUN
ejsice-5084	69	35	to	to	PART
ejsice-5084	69	36	invest	invest	VERB
ejsice-5084	69	37	in	in	ADP
ejsice-5084	69	38	equity	equity	NOUN
ejsice-5084	69	39	to	to	PART
ejsice-5084	69	40	generate	generate	VERB
ejsice-5084	69	41	profit	profit	NOUN
ejsice-5084	69	42	roe	roe	NOUN
ejsice-5084	69	43	=	=	PUNCT
ejsice-5084	69	44	net	net	ADJ
ejsice-5084	69	45	income	income	NOUN
ejsice-5084	69	46	/	/	SYM
ejsice-5084	69	47	equity	equity	NOUN
ejsice-5084	69	48	b	b	PROPN
ejsice-5084	69	49	)	)	PUNCT
ejsice-5084	69	50	independent	independent	ADJ
ejsice-5084	69	51	variables	variable	NOUN
ejsice-5084	69	52	we	we	PRON
ejsice-5084	69	53	try	try	VERB
ejsice-5084	69	54	to	to	PART
ejsice-5084	69	55	identify	identify	VERB
ejsice-5084	69	56	the	the	DET
ejsice-5084	69	57	most	most	ADV
ejsice-5084	69	58	important	important	ADJ
ejsice-5084	69	59	variables	variable	NOUN
ejsice-5084	69	60	that	that	PRON
ejsice-5084	69	61	describe	describe	VERB
ejsice-5084	69	62	corporate	corporate	ADJ
ejsice-5084	69	63	governance	governance	NOUN
ejsice-5084	69	64	.	.	PUNCT
ejsice-5084	70	1	regarding	regard	VERB
ejsice-5084	70	2	to	to	ADP
ejsice-5084	70	3	the	the	DET
ejsice-5084	70	4	characteristics	characteristic	NOUN
ejsice-5084	70	5	of	of	ADP
ejsice-5084	70	6	the	the	DET
ejsice-5084	70	7	board	board	NOUN
ejsice-5084	70	8	,	,	PUNCT
ejsice-5084	70	9	we	we	PRON
ejsice-5084	70	10	selected	select	VERB
ejsice-5084	70	11	4	4	NUM
ejsice-5084	70	12	variables	variable	NOUN
ejsice-5084	70	13	-the	-the	DET
ejsice-5084	70	14	composition	composition	NOUN
ejsice-5084	70	15	of	of	ADP
ejsice-5084	70	16	the	the	DET
ejsice-5084	70	17	board	board	NOUN
ejsice-5084	70	18	of	of	ADP
ejsice-5084	70	19	directors	director	NOUN
ejsice-5084	70	20	;	;	PUNCT
ejsice-5084	70	21	-equity	-equity	NOUN
ejsice-5084	70	22	and	and	CCONJ
ejsice-5084	70	23	compensation	compensation	NOUN
ejsice-5084	70	24	;	;	PUNCT
ejsice-5084	70	25	-shareholder	-shareholder	ADJ
ejsice-5084	70	26	rights	right	NOUN
ejsice-5084	70	27	;	;	PUNCT
ejsice-5084	71	1	-information	-information	NOUN
ejsice-5084	71	2	disclosure	disclosure	NOUN
ejsice-5084	71	3	.	.	PUNCT
ejsice-5084	72	1	four	four	NUM
ejsice-5084	72	2	characteristics	characteristic	NOUN
ejsice-5084	72	3	constitute	constitute	VERB
ejsice-5084	72	4	the	the	DET
ejsice-5084	72	5	four	four	NUM
ejsice-5084	72	6	sub	sub	NOUN
ejsice-5084	72	7	-	-	NOUN
ejsice-5084	72	8	indices	index	NOUN
ejsice-5084	72	9	of	of	ADP
ejsice-5084	72	10	our	our	PRON
ejsice-5084	72	11	global	global	ADJ
ejsice-5084	72	12	governance	governance	NOUN
ejsice-5084	72	13	index	index	NOUN
ejsice-5084	72	14	c	c	NOUN
ejsice-5084	72	15	)	)	PUNCT
ejsice-5084	72	16	control	control	NOUN
ejsice-5084	72	17	variables	variable	NOUN
ejsice-5084	72	18	if	if	SCONJ
ejsice-5084	72	19	we	we	PRON
ejsice-5084	72	20	want	want	VERB
ejsice-5084	72	21	to	to	PART
ejsice-5084	72	22	verify	verify	VERB
ejsice-5084	72	23	the	the	DET
ejsice-5084	72	24	impact	impact	NOUN
ejsice-5084	72	25	of	of	ADP
ejsice-5084	72	26	governance	governance	NOUN
ejsice-5084	72	27	mechanisms	mechanism	NOUN
ejsice-5084	72	28	on	on	ADP
ejsice-5084	72	29	bank	bank	NOUN
ejsice-5084	72	30	performance	performance	NOUN
ejsice-5084	72	31	,	,	PUNCT
ejsice-5084	72	32	we	we	PRON
ejsice-5084	72	33	must	must	AUX
ejsice-5084	72	34	consider	consider	VERB
ejsice-5084	72	35	other	other	ADJ
ejsice-5084	72	36	variables	variable	NOUN
ejsice-5084	72	37	to	to	PART
ejsice-5084	72	38	draw	draw	VERB
ejsice-5084	72	39	conclusions	conclusion	NOUN
ejsice-5084	72	40	,	,	PUNCT
ejsice-5084	72	41	especially	especially	ADV
ejsice-5084	72	42	:	:	PUNCT
ejsice-5084	72	43	company	company	NOUN
ejsice-5084	72	44	size	size	NOUN
ejsice-5084	72	45	:	:	PUNCT
ejsice-5084	72	46	introduce	introduce	VERB
ejsice-5084	72	47	variables	variable	NOUN
ejsice-5084	72	48	of	of	ADP
ejsice-5084	72	49	scale	scale	NOUN
ejsice-5084	72	50	to	to	PART
ejsice-5084	72	51	achieve	achieve	VERB
ejsice-5084	72	52	economies	economy	NOUN
ejsice-5084	72	53	of	of	ADP
ejsice-5084	72	54	scale	scale	NOUN
ejsice-5084	72	55	or	or	CCONJ
ejsice-5084	72	56	diseconomies	diseconomie	NOUN
ejsice-5084	72	57	of	of	ADP
ejsice-5084	72	58	scale	scale	NOUN
ejsice-5084	72	59	.	.	PUNCT
ejsice-5084	73	1	smirlok	smirlok	NOUN
ejsice-5084	73	2	(	(	PUNCT
ejsice-5084	73	3	1985	1985	NUM
ejsice-5084	73	4	)	)	PUNCT
ejsice-5084	73	5	,	,	PUNCT
ejsice-5084	73	6	akhavein	akhavein	PROPN
ejsice-5084	73	7	,	,	PUNCT
ejsice-5084	73	8	etc	etc	X
ejsice-5084	73	9	(	(	PUNCT
ejsice-5084	73	10	1997	1997	NUM
ejsice-5084	73	11	)	)	PUNCT
ejsice-5084	73	12	,	,	PUNCT
ejsice-5084	73	13	guan	guan	PROPN
ejsice-5084	73	14	(	(	PUNCT
ejsice-5084	73	15	2003	2003	NUM
ejsice-5084	73	16	)	)	PUNCT
ejsice-5084	73	17	and	and	CCONJ
ejsice-5084	73	18	çelik	çelik	NOUN
ejsice-5084	73	19	,	,	PUNCT
ejsice-5084	73	20	ş	ş	X
ejsice-5084	73	21	.	.	NUM
ejsice-5084	73	22	,	,	PUNCT
ejsice-5084	73	23	&	&	CCONJ
ejsice-5084	73	24	güleç	güleç	PROPN
ejsice-5084	73	25	,	,	PUNCT
ejsice-5084	73	26	t.	t.	PROPN
ejsice-5084	73	27	c.	c.	PROPN
ejsice-5084	73	28	(	(	PUNCT
ejsice-5084	73	29	2020)found	2020)found	NUM
ejsice-5084	73	30	a	a	DET
ejsice-5084	73	31	positive	positive	ADJ
ejsice-5084	73	32	and	and	CCONJ
ejsice-5084	73	33	significant	significant	ADJ
ejsice-5084	73	34	relationship	relationship	NOUN
ejsice-5084	73	35	between	between	ADP
ejsice-5084	73	36	bank	bank	NOUN
ejsice-5084	73	37	scale	scale	NOUN
ejsice-5084	73	38	and	and	CCONJ
ejsice-5084	73	39	performance	performance	NOUN
ejsice-5084	73	40	.	.	PUNCT
ejsice-5084	74	1	company	company	NOUN
ejsice-5084	74	2	age	age	NOUN
ejsice-5084	74	3	(	(	PUNCT
ejsice-5084	74	4	age	age	NOUN
ejsice-5084	74	5	):	):	PUNCT
ejsice-5084	74	6	company	company	NOUN
ejsice-5084	74	7	age	age	NOUN
ejsice-5084	74	8	is	be	AUX
ejsice-5084	74	9	usually	usually	ADV
ejsice-5084	74	10	regarded	regard	VERB
ejsice-5084	74	11	as	as	ADP
ejsice-5084	74	12	a	a	DET
ejsice-5084	74	13	variable	variable	NOUN
ejsice-5084	74	14	that	that	PRON
ejsice-5084	74	15	has	have	VERB
ejsice-5084	74	16	a	a	DET
ejsice-5084	74	17	very	very	ADV
ejsice-5084	74	18	important	important	ADJ
ejsice-5084	74	19	impact	impact	NOUN
ejsice-5084	74	20	on	on	ADP
ejsice-5084	74	21	performance	performance	NOUN
ejsice-5084	74	22	.	.	PUNCT
ejsice-5084	75	1	generally	generally	ADV
ejsice-5084	75	2	speaking	speak	VERB
ejsice-5084	75	3	,	,	PUNCT
ejsice-5084	75	4	the	the	DET
ejsice-5084	75	5	company	company	NOUN
ejsice-5084	75	6	age	age	NOUN
ejsice-5084	75	7	variable	variable	NOUN
ejsice-5084	75	8	is	be	AUX
ejsice-5084	75	9	represented	represent	VERB
ejsice-5084	75	10	by	by	ADP
ejsice-5084	75	11	the	the	DET
ejsice-5084	75	12	logarithm	logarithm	NOUN
ejsice-5084	75	13	of	of	ADP
ejsice-5084	75	14	the	the	DET
ejsice-5084	75	15	number	number	NOUN
ejsice-5084	75	16	of	of	ADP
ejsice-5084	75	17	years	year	NOUN
ejsice-5084	75	18	of	of	ADP
ejsice-5084	75	19	operation	operation	NOUN
ejsice-5084	75	20	(	(	PUNCT
ejsice-5084	75	21	brown	brown	ADJ
ejsice-5084	75	22	and	and	CCONJ
ejsice-5084	75	23	caylor	caylor	NOUN
ejsice-5084	75	24	(	(	PUNCT
ejsice-5084	75	25	2006	2006	NUM
ejsice-5084	75	26	)	)	PUNCT
ejsice-5084	75	27	,	,	PUNCT
ejsice-5084	75	28	ben	ben	PROPN
ejsice-5084	75	29	cheikh	cheikh	PROPN
ejsice-5084	75	30	and	and	CCONJ
ejsice-5084	75	31	zarai(2008	zarai(2008	NOUN
ejsice-5084	75	32	)	)	PUNCT
ejsice-5084	75	33	and	and	CCONJ
ejsice-5084	75	34	al	al	PROPN
ejsice-5084	75	35	-	-	PUNCT
ejsice-5084	75	36	gamrh	gamrh	ADJ
ejsice-5084	75	37	,	,	PUNCT
ejsice-5084	75	38	b.	b.	PROPN
ejsice-5084	75	39	,	,	PUNCT
ejsice-5084	75	40	ismail	ismail	PROPN
ejsice-5084	75	41	,	,	PUNCT
ejsice-5084	75	42	k.	k.	PROPN
ejsice-5084	75	43	n.	n.	PROPN
ejsice-5084	75	44	i.	i.	PROPN
ejsice-5084	75	45	k.	k.	PROPN
ejsice-5084	75	46	,	,	PUNCT
ejsice-5084	75	47	ahsan	ahsan	PROPN
ejsice-5084	75	48	,	,	PUNCT
ejsice-5084	75	49	t.	t.	PROPN
ejsice-5084	75	50	,	,	PUNCT
ejsice-5084	75	51	&	&	CCONJ
ejsice-5084	75	52	alquhaif	alquhaif	PROPN
ejsice-5084	75	53	,	,	PUNCT
ejsice-5084	75	54	a.	a.	NOUN
ejsice-5084	75	55	(	(	PUNCT
ejsice-5084	75	56	2020	2020	NUM
ejsice-5084	75	57	)	)	PUNCT
ejsice-5084	75	58	)	)	PUNCT
ejsice-5084	75	59	.	.	PUNCT
ejsice-5084	76	1	therefore	therefore	ADV
ejsice-5084	76	2	,	,	PUNCT
ejsice-5084	76	3	we	we	PRON
ejsice-5084	76	4	have	have	VERB
ejsice-5084	76	5	one	one	NUM
ejsice-5084	76	6	independent	independent	ADJ
ejsice-5084	76	7	variable	variable	NOUN
ejsice-5084	76	8	,	,	PUNCT
ejsice-5084	76	9	two	two	NUM
ejsice-5084	76	10	dependent	dependent	ADJ
ejsice-5084	76	11	variables	variable	NOUN
ejsice-5084	76	12	and	and	CCONJ
ejsice-5084	76	13	one	one	NUM
ejsice-5084	76	14	control	control	NOUN
ejsice-5084	76	15	variable	variable	NOUN
ejsice-5084	76	16	.	.	PUNCT
ejsice-5084	77	1	therefore	therefore	ADV
ejsice-5084	77	2	,	,	PUNCT
ejsice-5084	77	3	we	we	PRON
ejsice-5084	77	4	have	have	VERB
ejsice-5084	77	5	two	two	NUM
ejsice-5084	77	6	models	model	NOUN
ejsice-5084	77	7	:	:	PUNCT
ejsice-5084	77	8	http://www.ojs.unito.it/index.php/ejsice/index	http://www.ojs.unito.it/index.php/ejsice/index	PROPN
ejsice-5084	77	9	european	european	PROPN
ejsice-5084	77	10	journal	journal	PROPN
ejsice-5084	77	11	of	of	ADP
ejsice-5084	77	12	social	social	ADJ
ejsice-5084	77	13	impact	impact	NOUN
ejsice-5084	77	14	and	and	CCONJ
ejsice-5084	77	15	circular	circular	ADJ
ejsice-5084	77	16	economy	economy	NOUN
ejsice-5084	77	17	issn	issn	NOUN
ejsice-5084	77	18	:	:	PUNCT
ejsice-5084	77	19	2704	2704	NUM
ejsice-5084	77	20	-	-	SYM
ejsice-5084	77	21	9906	9906	NUM
ejsice-5084	77	22	doi:10.13135/2704	doi:10.13135/2704	NOUN
ejsice-5084	77	23	-	-	PUNCT
ejsice-5084	77	24	9906/5084	9906/5084	NUM
ejsice-5084	77	25	published	publish	VERB
ejsice-5084	77	26	by	by	ADP
ejsice-5084	77	27	university	university	PROPN
ejsice-5084	77	28	of	of	ADP
ejsice-5084	77	29	turin	turin	PROPN
ejsice-5084	77	30	http://www.ojs.unito.it/index.php/ejsice/index	http://www.ojs.unito.it/index.php/ejsice/index	PROPN
ejsice-5084	77	31	ejsice	ejsice	PROPN
ejsice-5084	77	32	content	content	NOUN
ejsice-5084	77	33	is	be	AUX
ejsice-5084	77	34	licensed	license	VERB
ejsice-5084	77	35	under	under	ADP
ejsice-5084	77	36	a	a	DET
ejsice-5084	77	37	creative	creative	ADJ
ejsice-5084	77	38	commons	common	NOUN
ejsice-5084	77	39	attribution	attribution	NOUN
ejsice-5084	77	40	4.0	4.0	NUM
ejsice-5084	77	41	internationallicense	internationallicense	NOUN
ejsice-5084	77	42	8	8	NUM
ejsice-5084	77	43	model	model	NOUN
ejsice-5084	77	44	1	1	NUM
ejsice-5084	77	45	:	:	PUNCT
ejsice-5084	77	46	roai	roai	NOUN
ejsice-5084	77	47	,	,	PUNCT
ejsice-5084	77	48	t	t	PROPN
ejsice-5084	77	49	=	=	SYM
ejsice-5084	77	50	β0	β0	PROPN
ejsice-5084	78	1	+	+	CCONJ
ejsice-5084	78	2	+	+	CCONJ
ejsice-5084	78	3	β1	β1	PROPN
ejsice-5084	78	4	govi	govi	PROPN
ejsice-5084	78	5	,	,	PUNCT
ejsice-5084	78	6	t+	t+	PUNCT
ejsice-5084	78	7	β2	β2	PROPN
ejsice-5084	78	8	agei	agei	PROPN
ejsice-5084	78	9	,	,	PUNCT
ejsice-5084	78	10	t	t	PROPN
ejsice-5084	78	11	+	+	CCONJ
ejsice-5084	78	12	+	+	CCONJ
ejsice-5084	78	13	β3	β3	ADJ
ejsice-5084	78	14	t	t	NOUN
ejsice-5084	78	15	i	i	PRON
ejsice-5084	78	16	,	,	PUNCT
ejsice-5084	78	17	t+	t+	VERB
ejsice-5084	78	18	εi	εi	VERB
ejsice-5084	78	19	,	,	PUNCT
ejsice-5084	78	20	t	t	PROPN
ejsice-5084	78	21	model	model	NOUN
ejsice-5084	78	22	2	2	NUM
ejsice-5084	78	23	:	:	PUNCT
ejsice-5084	78	24	roei	roei	ADJ
ejsice-5084	78	25	,	,	PUNCT
ejsice-5084	78	26	t	t	NOUN
ejsice-5084	79	1	=	=	SYM
ejsice-5084	79	2	β0	β0	PROPN
ejsice-5084	80	1	+	+	CCONJ
ejsice-5084	80	2	+	+	CCONJ
ejsice-5084	80	3	β1	β1	PROPN
ejsice-5084	80	4	govi	govi	PROPN
ejsice-5084	80	5	,	,	PUNCT
ejsice-5084	80	6	t+	t+	PUNCT
ejsice-5084	80	7	β2	β2	PROPN
ejsice-5084	80	8	agei	agei	PROPN
ejsice-5084	80	9	,	,	PUNCT
ejsice-5084	80	10	t	t	PROPN
ejsice-5084	80	11	+	+	CCONJ
ejsice-5084	80	12	+	+	CCONJ
ejsice-5084	80	13	β3	β3	ADJ
ejsice-5084	80	14	t	t	NOUN
ejsice-5084	80	15	i	i	PRON
ejsice-5084	80	16	,	,	PUNCT
ejsice-5084	80	17	t+	t+	VERB
ejsice-5084	80	18	εi	εi	VERB
ejsice-5084	80	19	,	,	PUNCT
ejsice-5084	80	20	t	t	NOUN
ejsice-5084	80	21	with	with	ADP
ejsice-5084	80	22	gov	gov	PROPN
ejsice-5084	80	23	:	:	PUNCT
ejsice-5084	80	24	the	the	DET
ejsice-5084	80	25	governance	governance	NOUN
ejsice-5084	80	26	index	index	NOUN
ejsice-5084	80	27	,	,	PUNCT
ejsice-5084	80	28	t	t	PROPN
ejsice-5084	80	29	:	:	PUNCT
ejsice-5084	80	30	the	the	DET
ejsice-5084	80	31	size	size	NOUN
ejsice-5084	80	32	of	of	ADP
ejsice-5084	80	33	the	the	DET
ejsice-5084	80	34	company	company	NOUN
ejsice-5084	80	35	,	,	PUNCT
ejsice-5084	80	36	age	age	NOUN
ejsice-5084	80	37	:	:	PUNCT
ejsice-5084	80	38	the	the	DET
ejsice-5084	80	39	age	age	NOUN
ejsice-5084	80	40	of	of	ADP
ejsice-5084	80	41	the	the	DET
ejsice-5084	80	42	company	company	NOUN
ejsice-5084	80	43	dt	dt	X
ejsice-5084	80	44	:	:	PUNCT
ejsice-5084	80	45	the	the	DET
ejsice-5084	80	46	company	company	NOUN
ejsice-5084	80	47	's	's	PART
ejsice-5084	80	48	debt	debt	NOUN
ejsice-5084	80	49	,	,	PUNCT
ejsice-5084	80	50	β0	β0	NOUN
ejsice-5084	80	51	:	:	PUNCT
ejsice-5084	80	52	the	the	DET
ejsice-5084	80	53	constant	constant	ADJ
ejsice-5084	80	54	and	and	CCONJ
ejsice-5084	80	55	𝛆	𝛆	DET
ejsice-5084	80	56	the	the	DET
ejsice-5084	80	57	errorterm	errorterm	NOUN
ejsice-5084	80	58	table	table	NOUN
ejsice-5084	80	59	1	1	NUM
ejsice-5084	80	60	:	:	PUNCT
ejsice-5084	80	61	variable	variable	ADJ
ejsice-5084	80	62	choice	choice	NOUN
ejsice-5084	80	63	’s	’s	PART
ejsice-5084	80	64	variable	variable	ADJ
ejsice-5084	80	65	signification	signification	NOUN
ejsice-5084	80	66	measure	measure	NOUN
ejsice-5084	80	67	roa	roa	PROPN
ejsice-5084	80	68	return	return	NOUN
ejsice-5084	80	69	on	on	ADP
ejsice-5084	80	70	assets	asset	NOUN
ejsice-5084	80	71	net	net	ADJ
ejsice-5084	80	72	income	income	NOUN
ejsice-5084	80	73	/	/	SYM
ejsice-5084	80	74	total	total	ADJ
ejsice-5084	80	75	assets	asset	NOUN
ejsice-5084	80	76	roe	roe	NOUN
ejsice-5084	80	77	return	return	NOUN
ejsice-5084	80	78	on	on	ADP
ejsice-5084	80	79	equity	equity	NOUN
ejsice-5084	80	80	net	net	ADJ
ejsice-5084	80	81	income	income	NOUN
ejsice-5084	80	82	/	/	SYM
ejsice-5084	80	83	equity	equity	NOUN
ejsice-5084	80	84	gov	gov	NOUN
ejsice-5084	80	85	corporate	corporate	ADJ
ejsice-5084	80	86	governance	governance	NOUN
ejsice-5084	80	87	this	this	DET
ejsice-5084	80	88	index	index	NOUN
ejsice-5084	80	89	looks	look	VERB
ejsice-5084	80	90	at	at	ADP
ejsice-5084	80	91	four	four	NUM
ejsice-5084	80	92	important	important	ADJ
ejsice-5084	80	93	characteristics	characteristic	NOUN
ejsice-5084	80	94	of	of	ADP
ejsice-5084	80	95	the	the	DET
ejsice-5084	80	96	board	board	NOUN
ejsice-5084	80	97	of	of	ADP
ejsice-5084	80	98	directors	director	NOUN
ejsice-5084	80	99	,	,	PUNCT
ejsice-5084	80	100	namely	namely	ADV
ejsice-5084	80	101	:	:	PUNCT
ejsice-5084	80	102	the	the	DET
ejsice-5084	80	103	composition	composition	NOUN
ejsice-5084	80	104	of	of	ADP
ejsice-5084	80	105	the	the	DET
ejsice-5084	80	106	board	board	NOUN
ejsice-5084	80	107	of	of	ADP
ejsice-5084	80	108	directors	director	NOUN
ejsice-5084	80	109	;	;	PUNCT
ejsice-5084	80	110	shareholding	shareholding	NOUN
ejsice-5084	80	111	and	and	CCONJ
ejsice-5084	80	112	compensation	compensation	NOUN
ejsice-5084	80	113	;	;	PUNCT
ejsice-5084	80	114	the	the	DET
ejsice-5084	80	115	rights	right	NOUN
ejsice-5084	80	116	of	of	ADP
ejsice-5084	80	117	shareholders	shareholder	NOUN
ejsice-5084	80	118	;	;	PUNCT
ejsice-5084	80	119	disclosure	disclosure	NOUN
ejsice-5084	80	120	of	of	ADP
ejsice-5084	80	121	information	information	NOUN
ejsice-5084	80	122	.	.	PUNCT
ejsice-5084	81	1	age	age	NOUN
ejsice-5084	81	2	company	company	NOUN
ejsice-5084	81	3	age	age	NOUN
ejsice-5084	81	4	log	log	NOUN
ejsice-5084	81	5	(	(	PUNCT
ejsice-5084	81	6	number	number	NOUN
ejsice-5084	81	7	of	of	ADP
ejsice-5084	81	8	years	year	NOUN
ejsice-5084	81	9	)	)	PUNCT
ejsice-5084	81	10	t	t	NOUN
ejsice-5084	81	11	size	size	NOUN
ejsice-5084	81	12	of	of	ADP
ejsice-5084	81	13	the	the	DET
ejsice-5084	81	14	company	company	NOUN
ejsice-5084	81	15	log	log	NOUN
ejsice-5084	81	16	(	(	PUNCT
ejsice-5084	81	17	book	book	NOUN
ejsice-5084	81	18	value	value	NOUN
ejsice-5084	81	19	of	of	ADP
ejsice-5084	81	20	total	total	ADJ
ejsice-5084	81	21	assets	asset	NOUN
ejsice-5084	81	22	)	)	PUNCT
ejsice-5084	81	23	source	source	NOUN
ejsice-5084	81	24	:	:	PUNCT
ejsice-5084	81	25	personal	personal	ADJ
ejsice-5084	81	26	design	design	NOUN
ejsice-5084	81	27	next	next	ADV
ejsice-5084	81	28	,	,	PUNCT
ejsice-5084	81	29	we	we	PRON
ejsice-5084	81	30	continue	continue	VERB
ejsice-5084	81	31	to	to	PART
ejsice-5084	81	32	conduct	conduct	VERB
ejsice-5084	81	33	econometric	econometric	ADJ
ejsice-5084	81	34	research	research	NOUN
ejsice-5084	81	35	,	,	PUNCT
ejsice-5084	81	36	through	through	ADP
ejsice-5084	81	37	which	which	PRON
ejsice-5084	81	38	we	we	PRON
ejsice-5084	81	39	try	try	VERB
ejsice-5084	81	40	to	to	PART
ejsice-5084	81	41	test	test	VERB
ejsice-5084	81	42	whetherthere	whetherthere	ADV
ejsice-5084	81	43	is	be	AUX
ejsice-5084	81	44	a	a	DET
ejsice-5084	81	45	connection	connection	NOUN
ejsice-5084	81	46	between	between	ADP
ejsice-5084	81	47	performance	performance	NOUN
ejsice-5084	81	48	indicators	indicator	NOUN
ejsice-5084	81	49	(	(	PUNCT
ejsice-5084	81	50	roe	roe	NOUN
ejsice-5084	81	51	and	and	CCONJ
ejsice-5084	81	52	roa	roa	PROPN
ejsice-5084	81	53	)	)	PUNCT
ejsice-5084	81	54	and	and	CCONJ
ejsice-5084	81	55	the	the	DET
ejsice-5084	81	56	governance	governance	NOUN
ejsice-5084	81	57	of	of	ADP
ejsice-5084	81	58	tunisian	tunisian	ADJ
ejsice-5084	81	59	listed	list	VERB
ejsice-5084	81	60	companies	company	NOUN
ejsice-5084	81	61	.	.	PUNCT
ejsice-5084	82	1	we	we	PRON
ejsice-5084	82	2	try	try	VERB
ejsice-5084	82	3	to	to	PART
ejsice-5084	82	4	test	test	VERB
ejsice-5084	82	5	the	the	DET
ejsice-5084	82	6	hypothesis	hypothesis	NOUN
ejsice-5084	82	7	that	that	PRON
ejsice-5084	82	8	corporate	corporate	ADJ
ejsice-5084	82	9	governance	governance	NOUN
ejsice-5084	82	10	has	have	VERB
ejsice-5084	82	11	a	a	DET
ejsice-5084	82	12	positive	positive	ADJ
ejsice-5084	82	13	impact	impact	NOUN
ejsice-5084	82	14	on	on	ADP
ejsice-5084	82	15	financial	financial	ADJ
ejsice-5084	82	16	and	and	CCONJ
ejsice-5084	82	17	market	market	NOUN
ejsice-5084	82	18	performance	performance	NOUN
ejsice-5084	82	19	,	,	PUNCT
ejsice-5084	82	20	and	and	CCONJ
ejsice-5084	82	21	observe	observe	VERB
ejsice-5084	82	22	under	under	ADP
ejsice-5084	82	23	what	what	DET
ejsice-5084	82	24	conditions	condition	NOUN
ejsice-5084	82	25	this	this	DET
ejsice-5084	82	26	impact	impact	NOUN
ejsice-5084	82	27	will	will	AUX
ejsice-5084	82	28	occur	occur	VERB
ejsice-5084	82	29	.	.	PUNCT
ejsice-5084	83	1	4	4	X
ejsice-5084	83	2	.	.	X
ejsice-5084	83	3	interpretation	interpretation	NOUN
ejsice-5084	83	4	of	of	ADP
ejsice-5084	83	5	the	the	DET
ejsice-5084	83	6	results	result	NOUN
ejsice-5084	83	7	and	and	CCONJ
ejsice-5084	83	8	discussion	discussion	NOUN
ejsice-5084	83	9	4.1	4.1	NUM
ejsice-5084	83	10	descriptive	descriptive	ADJ
ejsice-5084	83	11	statistics	statistic	NOUN
ejsice-5084	83	12	table	table	NOUN
ejsice-5084	83	13	(	(	PUNCT
ejsice-5084	83	14	2	2	NUM
ejsice-5084	83	15	)	)	PUNCT
ejsice-5084	83	16	illustrates	illustrate	VERB
ejsice-5084	83	17	the	the	DET
ejsice-5084	83	18	mean	mean	ADJ
ejsice-5084	83	19	,	,	PUNCT
ejsice-5084	83	20	standard	standard	ADJ
ejsice-5084	83	21	deviation	deviation	NOUN
ejsice-5084	83	22	and	and	CCONJ
ejsice-5084	83	23	mean	mean	NOUN
ejsice-5084	83	24	of	of	ADP
ejsice-5084	83	25	the	the	DET
ejsice-5084	83	26	variables	variable	NOUN
ejsice-5084	83	27	considered	consider	VERB
ejsice-5084	83	28	in	in	ADP
ejsice-5084	83	29	our	our	PRON
ejsice-5084	83	30	study.the	study.the	DET
ejsice-5084	83	31	table	table	NOUN
ejsice-5084	83	32	also	also	ADV
ejsice-5084	83	33	confirms	confirm	VERB
ejsice-5084	83	34	the	the	DET
ejsice-5084	83	35	average	average	ADJ
ejsice-5084	83	36	age	age	NOUN
ejsice-5084	83	37	of	of	ADP
ejsice-5084	83	38	10	10	NUM
ejsice-5084	83	39	years	year	NOUN
ejsice-5084	83	40	.	.	PUNCT
ejsice-5084	84	1	in	in	ADP
ejsice-5084	84	2	100	100	NUM
ejsice-5084	84	3	companies	company	NOUN
ejsice-5084	84	4	,	,	PUNCT
ejsice-5084	84	5	the	the	DET
ejsice-5084	84	6	average	average	ADJ
ejsice-5084	84	7	age	age	NOUN
ejsice-5084	84	8	of	of	ADP
ejsice-5084	84	9	shareholders	shareholder	NOUN
ejsice-5084	84	10	'	'	PART
ejsice-5084	84	11	equity	equity	NOUN
ejsice-5084	84	12	is	be	AUX
ejsice-5084	84	13	1.35	1.35	NUM
ejsice-5084	84	14	.	.	PUNCT
ejsice-5084	85	1	for	for	ADP
ejsice-5084	85	2	div	div	PROPN
ejsice-5084	85	3	,	,	PUNCT
ejsice-5084	85	4	the	the	DET
ejsice-5084	85	5	average	average	ADJ
ejsice-5084	85	6	value	value	NOUN
ejsice-5084	85	7	of	of	ADP
ejsice-5084	85	8	this	this	DET
ejsice-5084	85	9	variable	variable	NOUN
ejsice-5084	85	10	is	be	AUX
ejsice-5084	85	11	8.4	8.4	NUM
ejsice-5084	85	12	.	.	PUNCT
ejsice-5084	86	1	therefore	therefore	ADV
ejsice-5084	86	2	,	,	PUNCT
ejsice-5084	86	3	the	the	DET
ejsice-5084	86	4	average	average	ADJ
ejsice-5084	86	5	values	value	NOUN
ejsice-5084	86	6	of	of	ADP
ejsice-5084	86	7	roa	roa	PROPN
ejsice-5084	86	8	and	and	CCONJ
ejsice-5084	86	9	roe	roe	PROPN
ejsice-5084	86	10	are	be	AUX
ejsice-5084	86	11	0.90	0.90	NUM
ejsice-5084	86	12	and	and	CCONJ
ejsice-5084	86	13	10.6	10.6	NUM
ejsice-5084	86	14	,	,	PUNCT
ejsice-5084	86	15	respectively	respectively	ADV
ejsice-5084	86	16	.	.	PUNCT
ejsice-5084	87	1	http://www.ojs.unito.it/index.php/ejsice/index	http://www.ojs.unito.it/index.php/ejsice/index	PROPN
ejsice-5084	87	2	european	european	PROPN
ejsice-5084	87	3	journal	journal	PROPN
ejsice-5084	87	4	of	of	ADP
ejsice-5084	87	5	social	social	ADJ
ejsice-5084	87	6	impact	impact	NOUN
ejsice-5084	87	7	and	and	CCONJ
ejsice-5084	87	8	circular	circular	ADJ
ejsice-5084	87	9	economy	economy	NOUN
ejsice-5084	87	10	issn	issn	NOUN
ejsice-5084	87	11	:	:	PUNCT
ejsice-5084	87	12	2704	2704	NUM
ejsice-5084	87	13	-	-	SYM
ejsice-5084	87	14	9906	9906	NUM
ejsice-5084	87	15	doi:10.13135/2704	doi:10.13135/2704	NOUN
ejsice-5084	87	16	-	-	PUNCT
ejsice-5084	87	17	9906/5084	9906/5084	NUM
ejsice-5084	87	18	published	publish	VERB
ejsice-5084	87	19	by	by	ADP
ejsice-5084	87	20	university	university	PROPN
ejsice-5084	87	21	of	of	ADP
ejsice-5084	87	22	turin	turin	PROPN
ejsice-5084	87	23	http://www.ojs.unito.it/index.php/ejsice/index	http://www.ojs.unito.it/index.php/ejsice/index	PROPN
ejsice-5084	87	24	ejsice	ejsice	PROPN
ejsice-5084	87	25	content	content	NOUN
ejsice-5084	87	26	is	be	AUX
ejsice-5084	87	27	licensed	license	VERB
ejsice-5084	87	28	under	under	ADP
ejsice-5084	87	29	a	a	DET
ejsice-5084	87	30	creative	creative	ADJ
ejsice-5084	87	31	commons	common	NOUN
ejsice-5084	87	32	attribution	attribution	NOUN
ejsice-5084	87	33	4.0	4.0	NUM
ejsice-5084	87	34	internationallicense	internationallicense	NOUN
ejsice-5084	87	35	9	9	NUM
ejsice-5084	87	36	table	table	NOUN
ejsice-5084	87	37	2	2	NUM
ejsice-5084	87	38	:	:	PUNCT
ejsice-5084	87	39	descriptive	descriptive	ADJ
ejsice-5084	87	40	statistics	statistic	NOUN
ejsice-5084	87	41	.	.	PUNCT
ejsice-5084	88	1	medium	medium	ADJ
ejsice-5084	88	2	median	median	ADJ
ejsice-5084	88	3	minimum	minimum	ADJ
ejsice-5084	88	4	maximum	maximum	ADJ
ejsice-5084	88	5	standard	standard	ADJ
ejsice-5084	88	6	deviation	deviation	NOUN
ejsice-5084	88	7	roa	roa	NOUN
ejsice-5084	88	8	0,90	0,90	NOUN
ejsice-5084	88	9	0,82	0,82	PUNCT
ejsice-5084	89	1	0,20	0,20	NOUN
ejsice-5084	89	2	1,55	1,55	NOUN
ejsice-5084	90	1	0,35	0,35	PROPN
ejsice-5084	90	2	roe	roe	PROPN
ejsice-5084	91	1	10,62	10,62	PRON
ejsice-5084	91	2	10,88	10,88	NUM
ejsice-5084	91	3	1,95	1,95	NUM
ejsice-5084	91	4	17,50	17,50	NUM
ejsice-5084	92	1	3,84	3,84	NUM
ejsice-5084	92	2	ca	ca	NOUN
ejsice-5084	92	3	11,57	11,57	NUM
ejsice-5084	92	4	11.25	11.25	NUM
ejsice-5084	92	5	8,10	8,10	NUM
ejsice-5084	92	6	15,30	15,30	PROPN
ejsice-5084	92	7	1,70	1,70	NUM
ejsice-5084	92	8	sr	sr	PROPN
ejsice-5084	92	9	4,50	4,50	PROPN
ejsice-5084	92	10	2,14	2,14	SYM
ejsice-5084	92	11	1,49	1,49	NUM
ejsice-5084	92	12	5,61	5,61	NUM
ejsice-5084	92	13	1,12	1,12	NUM
ejsice-5084	92	14	div	div	X
ejsice-5084	92	15	8,48	8,48	NUM
ejsice-5084	92	16	8,10	8,10	NUM
ejsice-5084	92	17	3,35	3,35	NUM
ejsice-5084	92	18	12,22	12,22	NUM
ejsice-5084	92	19	1,08	1,08	NUM
ejsice-5084	92	20	sc	sc	PROPN
ejsice-5084	92	21	2,85	2,85	NUM
ejsice-5084	92	22	2,90	2,90	NUM
ejsice-5084	92	23	0,7	0,7	NUM
ejsice-5084	92	24	5,42	5,42	NUM
ejsice-5084	92	25	1,66	1,66	PROPN
ejsice-5084	92	26	t	t	PROPN
ejsice-5084	92	27	8,40	8,40	NUM
ejsice-5084	92	28	8,05	8,05	NUM
ejsice-5084	92	29	5,51	5,51	NUM
ejsice-5084	92	30	12,60	12,60	NUM
ejsice-5084	92	31	1,85	1,85	NUM
ejsice-5084	92	32	age	age	NOUN
ejsice-5084	92	33	10,40	10,40	NUM
ejsice-5084	92	34	10,13	10,13	NUM
ejsice-5084	92	35	3,50	3,50	NUM
ejsice-5084	92	36	20,5	20,5	NUM
ejsice-5084	92	37	3,15	3,15	NUM
ejsice-5084	92	38	source	source	NOUN
ejsice-5084	92	39	:	:	PUNCT
ejsice-5084	92	40	eviews	eviews	PROPN
ejsice-5084	92	41	9	9	NUM
ejsice-5084	92	42	4.2	4.2	NUM
ejsice-5084	92	43	.	.	PUNCT
ejsice-5084	93	1	study	study	NOUN
ejsice-5084	93	2	of	of	ADP
ejsice-5084	93	3	the	the	DET
ejsice-5084	93	4	effect	effect	NOUN
ejsice-5084	93	5	of	of	ADP
ejsice-5084	93	6	performance	performance	NOUN
ejsice-5084	93	7	on	on	ADP
ejsice-5084	93	8	governance	governance	NOUN
ejsice-5084	93	9	using	use	VERB
ejsice-5084	93	10	the	the	DET
ejsice-5084	93	11	global	global	ADJ
ejsice-5084	93	12	governance	governance	NOUN
ejsice-5084	93	13	index	index	NOUN
ejsice-5084	93	14	the	the	DET
ejsice-5084	93	15	low	low	ADJ
ejsice-5084	93	16	r2	r2	NOUN
ejsice-5084	93	17	in	in	ADP
ejsice-5084	93	18	table	table	NOUN
ejsice-5084	93	19	3	3	NUM
ejsice-5084	93	20	indicates	indicate	VERB
ejsice-5084	93	21	that	that	SCONJ
ejsice-5084	93	22	the	the	DET
ejsice-5084	93	23	explanatory	explanatory	ADJ
ejsice-5084	93	24	power	power	NOUN
ejsice-5084	93	25	of	of	ADP
ejsice-5084	93	26	our	our	PRON
ejsice-5084	93	27	model	model	NOUN
ejsice-5084	93	28	is	be	AUX
ejsice-5084	93	29	moderate	moderate	ADJ
ejsice-5084	93	30	so	so	ADV
ejsice-5084	93	31	,	,	PUNCT
ejsice-5084	93	32	the	the	DET
ejsice-5084	93	33	results	result	NOUN
ejsice-5084	93	34	that	that	PRON
ejsice-5084	93	35	come	come	VERB
ejsice-5084	93	36	from	from	ADP
ejsice-5084	93	37	our	our	PRON
ejsice-5084	93	38	estimates	estimate	NOUN
ejsice-5084	93	39	can	can	AUX
ejsice-5084	93	40	be	be	AUX
ejsice-5084	93	41	interpreted	interpret	VERB
ejsice-5084	93	42	as	as	SCONJ
ejsice-5084	93	43	follows	follow	VERB
ejsice-5084	93	44	:	:	PUNCT
ejsice-5084	93	45	>	>	X
ejsice-5084	93	46	the	the	DET
ejsice-5084	93	47	effect	effect	NOUN
ejsice-5084	93	48	of	of	ADP
ejsice-5084	93	49	the	the	DET
ejsice-5084	93	50	total	total	ADJ
ejsice-5084	93	51	assets	asset	NOUN
ejsice-5084	93	52	variable	variable	NOUN
ejsice-5084	93	53	(	(	PUNCT
ejsice-5084	93	54	t	t	NOUN
ejsice-5084	93	55	)	)	PUNCT
ejsice-5084	93	56	is	be	AUX
ejsice-5084	93	57	positive	positive	ADJ
ejsice-5084	93	58	and	and	CCONJ
ejsice-5084	93	59	is	be	AUX
ejsice-5084	93	60	statistically	statistically	ADV
ejsice-5084	93	61	significant	significant	ADJ
ejsice-5084	93	62	given	give	VERB
ejsice-5084	93	63	that	that	SCONJ
ejsice-5084	93	64	the	the	DET
ejsice-5084	93	65	probability	probability	NOUN
ejsice-5084	93	66	associated	associate	VERB
ejsice-5084	93	67	with	with	ADP
ejsice-5084	93	68	this	this	DET
ejsice-5084	93	69	variable	variable	NOUN
ejsice-5084	93	70	is	be	AUX
ejsice-5084	93	71	0.050	0.050	NUM
ejsice-5084	93	72	,	,	PUNCT
ejsice-5084	93	73	or	or	CCONJ
ejsice-5084	93	74	equal	equal	ADJ
ejsice-5084	93	75	to	to	ADP
ejsice-5084	93	76	0.05	0.05	NUM
ejsice-5084	93	77	.	.	PUNCT
ejsice-5084	94	1	the	the	DET
ejsice-5084	94	2	sign	sign	NOUN
ejsice-5084	94	3	associated	associate	VERB
ejsice-5084	94	4	with	with	ADP
ejsice-5084	94	5	its	its	PRON
ejsice-5084	94	6	parameter	parameter	NOUN
ejsice-5084	94	7	indicates	indicate	VERB
ejsice-5084	94	8	that	that	SCONJ
ejsice-5084	94	9	an	an	DET
ejsice-5084	94	10	increase	increase	NOUN
ejsice-5084	94	11	in	in	ADP
ejsice-5084	94	12	total	total	ADJ
ejsice-5084	94	13	assets	asset	NOUN
ejsice-5084	94	14	has	have	VERB
ejsice-5084	94	15	a	a	DET
ejsice-5084	94	16	positive	positive	ADJ
ejsice-5084	94	17	impact	impact	NOUN
ejsice-5084	94	18	on	on	ADP
ejsice-5084	94	19	the	the	DET
ejsice-5084	94	20	roa	roa	NOUN
ejsice-5084	94	21	and	and	CCONJ
ejsice-5084	94	22	the	the	DET
ejsice-5084	94	23	roe	roe	NOUN
ejsice-5084	94	24	.	.	PUNCT
ejsice-5084	95	1	>	>	X
ejsice-5084	96	1	the	the	DET
ejsice-5084	96	2	impact	impact	NOUN
ejsice-5084	96	3	of	of	ADP
ejsice-5084	96	4	the	the	DET
ejsice-5084	96	5	governance	governance	NOUN
ejsice-5084	96	6	index	index	NOUN
ejsice-5084	96	7	(	(	PUNCT
ejsice-5084	96	8	gov	gov	NOUN
ejsice-5084	96	9	)	)	PUNCT
ejsice-5084	96	10	variable	variable	NOUN
ejsice-5084	96	11	is	be	AUX
ejsice-5084	96	12	positive	positive	ADJ
ejsice-5084	96	13	and	and	CCONJ
ejsice-5084	96	14	statistically	statistically	ADV
ejsice-5084	96	15	significant	significant	ADJ
ejsice-5084	96	16	given	give	VERB
ejsice-5084	96	17	that	that	SCONJ
ejsice-5084	96	18	the	the	DET
ejsice-5084	96	19	t	t	PROPN
ejsice-5084	96	20	-	-	PUNCT
ejsice-5084	96	21	stat	stat	NOUN
ejsice-5084	96	22	is	be	AUX
ejsice-5084	96	23	lower	low	ADJ
ejsice-5084	96	24	than	than	ADP
ejsice-5084	96	25	that	that	PRON
ejsice-5084	96	26	of	of	ADP
ejsice-5084	96	27	the	the	DET
ejsice-5084	96	28	table	table	NOUN
ejsice-5084	96	29	of	of	ADP
ejsice-5084	96	30	at	at	ADP
ejsice-5084	96	31	the	the	DET
ejsice-5084	96	32	5	5	NUM
ejsice-5084	96	33	%	%	NOUN
ejsice-5084	96	34	threshold	threshold	NOUN
ejsice-5084	96	35	.	.	PUNCT
ejsice-5084	97	1	the	the	DET
ejsice-5084	97	2	sign	sign	NOUN
ejsice-5084	97	3	associated	associate	VERB
ejsice-5084	97	4	with	with	ADP
ejsice-5084	97	5	its	its	PRON
ejsice-5084	97	6	parameter	parameter	NOUN
ejsice-5084	97	7	indicates	indicate	VERB
ejsice-5084	97	8	that	that	SCONJ
ejsice-5084	97	9	the	the	DET
ejsice-5084	97	10	increase	increase	NOUN
ejsice-5084	97	11	in	in	ADP
ejsice-5084	97	12	the	the	DET
ejsice-5084	97	13	governance	governance	NOUN
ejsice-5084	97	14	index	index	NOUN
ejsice-5084	97	15	influences	influence	VERB
ejsice-5084	97	16	the	the	DET
ejsice-5084	97	17	roe	roe	PROPN
ejsice-5084	97	18	and	and	CCONJ
ejsice-5084	97	19	roa	roa	PROPN
ejsice-5084	97	20	.	.	PUNCT
ejsice-5084	98	1	>	>	X
ejsice-5084	99	1	the	the	DET
ejsice-5084	99	2	impact	impact	NOUN
ejsice-5084	99	3	of	of	ADP
ejsice-5084	99	4	the	the	DET
ejsice-5084	99	5	variable	variable	ADJ
ejsice-5084	99	6	age	age	NOUN
ejsice-5084	99	7	is	be	AUX
ejsice-5084	99	8	positive	positive	ADJ
ejsice-5084	99	9	given	give	VERB
ejsice-5084	99	10	its	its	PRON
ejsice-5084	99	11	coefficient	coefficient	NOUN
ejsice-5084	99	12	of	of	ADP
ejsice-5084	99	13	0.008	0.008	NUM
ejsice-5084	99	14	for	for	ADP
ejsice-5084	99	15	roa	roa	NOUN
ejsice-5084	99	16	and	and	CCONJ
ejsice-5084	99	17	0.007	0.007	NUM
ejsice-5084	99	18	for	for	ADP
ejsice-5084	99	19	roe	roe	NOUN
ejsice-5084	99	20	.	.	PUNCT
ejsice-5084	100	1	it	it	PRON
ejsice-5084	100	2	is	be	AUX
ejsice-5084	100	3	statically	statically	ADV
ejsice-5084	100	4	insignificant	insignificant	ADJ
ejsice-5084	100	5	in	in	ADP
ejsice-5084	100	6	view	view	NOUN
ejsice-5084	100	7	of	of	ADP
ejsice-5084	100	8	the	the	DET
ejsice-5084	100	9	student	student	NOUN
ejsice-5084	100	10	statistic	statistic	NOUN
ejsice-5084	100	11	calculated	calculate	VERB
ejsice-5084	100	12	lower	low	ADJ
ejsice-5084	100	13	than	than	ADP
ejsice-5084	100	14	that	that	PRON
ejsice-5084	100	15	of	of	ADP
ejsice-5084	100	16	the	the	DET
ejsice-5084	100	17	table	table	NOUN
ejsice-5084	100	18	.	.	PUNCT
ejsice-5084	101	1	table	table	NOUN
ejsice-5084	101	2	3	3	NUM
ejsice-5084	101	3	:	:	PUNCT
ejsice-5084	101	4	study	study	NOUN
ejsice-5084	101	5	of	of	ADP
ejsice-5084	101	6	the	the	DET
ejsice-5084	101	7	effect	effect	NOUN
ejsice-5084	101	8	of	of	ADP
ejsice-5084	101	9	performance	performance	NOUN
ejsice-5084	101	10	on	on	ADP
ejsice-5084	101	11	governance	governance	NOUN
ejsice-5084	101	12	(	(	PUNCT
ejsice-5084	101	13	global	global	ADJ
ejsice-5084	101	14	index	index	NOUN
ejsice-5084	101	15	)	)	PUNCT
ejsice-5084	101	16	variables	variable	VERB
ejsice-5084	101	17	roe	roe	PROPN
ejsice-5084	101	18	roa	roa	PROPN
ejsice-5084	101	19	constant	constant	ADJ
ejsice-5084	101	20	8.356	8.356	NUM
ejsice-5084	101	21	*	*	PUNCT
ejsice-5084	101	22	*	*	PUNCT
ejsice-5084	101	23	*	*	PUNCT
ejsice-5084	101	24	(	(	PUNCT
ejsice-5084	101	25	4.452	4.452	NUM
ejsice-5084	101	26	)	)	PUNCT
ejsice-5084	101	27	7.569	7.569	NUM
ejsice-5084	101	28	*	*	PUNCT
ejsice-5084	101	29	*	*	PUNCT
ejsice-5084	101	30	*	*	PUNCT
ejsice-5084	101	31	(	(	PUNCT
ejsice-5084	101	32	2.851	2.851	NUM
ejsice-5084	101	33	)	)	PUNCT
ejsice-5084	101	34	age	age	NOUN
ejsice-5084	101	35	0.008	0.008	NUM
ejsice-5084	101	36	(	(	PUNCT
ejsice-5084	101	37	0.036	0.036	NUM
ejsice-5084	101	38	)	)	PUNCT
ejsice-5084	101	39	0.007	0.007	NUM
ejsice-5084	101	40	(	(	PUNCT
ejsice-5084	101	41	0.019	0.019	NUM
ejsice-5084	101	42	)	)	PUNCT
ejsice-5084	101	43	t	t	NOUN
ejsice-5084	101	44	6.054	6.054	NUM
ejsice-5084	101	45	*	*	PUNCT
ejsice-5084	101	46	*	*	PUNCT
ejsice-5084	101	47	*	*	PUNCT
ejsice-5084	101	48	(	(	PUNCT
ejsice-5084	101	49	1.548	1.548	NUM
ejsice-5084	101	50	)	)	PUNCT
ejsice-5084	101	51	3.128	3.128	NUM
ejsice-5084	101	52	*	*	SYM
ejsice-5084	101	53	*	*	PUNCT
ejsice-5084	101	54	(	(	PUNCT
ejsice-5084	101	55	1.323	1.323	NUM
ejsice-5084	101	56	)	)	PUNCT
ejsice-5084	101	57	gov	gov	PROPN
ejsice-5084	101	58	0.325	0.325	PROPN
ejsice-5084	101	59	(	(	PUNCT
ejsice-5084	101	60	0.245	0.245	NUM
ejsice-5084	101	61	)	)	PUNCT
ejsice-5084	101	62	0.435	0.435	NUM
ejsice-5084	101	63	(	(	PUNCT
ejsice-5084	101	64	0.685	0.685	NUM
ejsice-5084	101	65	)	)	PUNCT
ejsice-5084	101	66	r2	r2	NOUN
ejsice-5084	101	67	number	number	NOUN
ejsice-5084	101	68	of	of	ADP
ejsice-5084	101	69	observation	observation	NOUN
ejsice-5084	101	70	0.502	0.502	NUM
ejsice-5084	101	71	100	100	NUM
ejsice-5084	101	72	0.523	0.523	NUM
ejsice-5084	101	73	100	100	NUM
ejsice-5084	101	74	source	source	NOUN
ejsice-5084	101	75	:	:	PUNCT
ejsice-5084	101	76	eviews	eviews	PROPN
ejsice-5084	101	77	9	9	NUM
ejsice-5084	101	78	the	the	DET
ejsice-5084	101	79	values	value	NOUN
ejsice-5084	101	80	in	in	ADP
ejsice-5084	101	81	brackets	bracket	NOUN
ejsice-5084	101	82	represent	represent	VERB
ejsice-5084	101	83	the	the	DET
ejsice-5084	101	84	standard	standard	ADJ
ejsice-5084	101	85	errors	error	NOUN
ejsice-5084	101	86	*	*	PUNCT
ejsice-5084	101	87	significant	significant	ADJ
ejsice-5084	101	88	at	at	ADP
ejsice-5084	101	89	the	the	DET
ejsice-5084	101	90	10	10	NUM
ejsice-5084	101	91	%	%	NOUN
ejsice-5084	101	92	level	level	NOUN
ejsice-5084	101	93	,	,	PUNCT
ejsice-5084	101	94	*	*	PUNCT
ejsice-5084	101	95	*	*	PUNCT
ejsice-5084	101	96	significant	significant	ADJ
ejsice-5084	101	97	at	at	ADP
ejsice-5084	101	98	the	the	DET
ejsice-5084	101	99	5	5	NUM
ejsice-5084	101	100	%	%	NOUN
ejsice-5084	101	101	level	level	NOUN
ejsice-5084	101	102	,	,	PUNCT
ejsice-5084	101	103	*	*	PUNCT
ejsice-5084	101	104	*	*	PUNCT
ejsice-5084	101	105	*	*	PUNCT
ejsice-5084	101	106	significant	significant	ADJ
ejsice-5084	101	107	at	at	ADP
ejsice-5084	101	108	the	the	DET
ejsice-5084	101	109	1	1	NUM
ejsice-5084	101	110	%	%	NOUN
ejsice-5084	101	111	level	level	NOUN
ejsice-5084	101	112	.	.	PUNCT
ejsice-5084	102	1	http://www.ojs.unito.it/index.php/ejsice/index	http://www.ojs.unito.it/index.php/ejsice/index	PROPN
ejsice-5084	102	2	european	european	PROPN
ejsice-5084	102	3	journal	journal	PROPN
ejsice-5084	102	4	of	of	ADP
ejsice-5084	102	5	social	social	ADJ
ejsice-5084	102	6	impact	impact	NOUN
ejsice-5084	102	7	and	and	CCONJ
ejsice-5084	102	8	circular	circular	ADJ
ejsice-5084	102	9	economy	economy	NOUN
ejsice-5084	102	10	issn	issn	NOUN
ejsice-5084	102	11	:	:	PUNCT
ejsice-5084	102	12	2704	2704	NUM
ejsice-5084	102	13	-	-	SYM
ejsice-5084	102	14	9906	9906	NUM
ejsice-5084	102	15	doi:10.13135/2704	doi:10.13135/2704	NOUN
ejsice-5084	102	16	-	-	PUNCT
ejsice-5084	102	17	9906/5084	9906/5084	NUM
ejsice-5084	102	18	published	publish	VERB
ejsice-5084	102	19	by	by	ADP
ejsice-5084	102	20	university	university	PROPN
ejsice-5084	102	21	of	of	ADP
ejsice-5084	102	22	turin	turin	PROPN
ejsice-5084	102	23	http://www.ojs.unito.it/index.php/ejsice/index	http://www.ojs.unito.it/index.php/ejsice/index	PROPN
ejsice-5084	102	24	ejsice	ejsice	PROPN
ejsice-5084	102	25	content	content	NOUN
ejsice-5084	102	26	is	be	AUX
ejsice-5084	102	27	licensed	license	VERB
ejsice-5084	102	28	under	under	ADP
ejsice-5084	102	29	a	a	DET
ejsice-5084	102	30	creative	creative	ADJ
ejsice-5084	102	31	commons	common	NOUN
ejsice-5084	102	32	attribution	attribution	NOUN
ejsice-5084	102	33	4.0	4.0	NUM
ejsice-5084	102	34	internationallicense	internationallicense	NOUN
ejsice-5084	102	35	10	10	NUM
ejsice-5084	102	36	4.3	4.3	NUM
ejsice-5084	102	37	.	.	PUNCT
ejsice-5084	103	1	study	study	NOUN
ejsice-5084	103	2	of	of	ADP
ejsice-5084	103	3	the	the	DET
ejsice-5084	103	4	effect	effect	NOUN
ejsice-5084	103	5	of	of	ADP
ejsice-5084	103	6	performance	performance	NOUN
ejsice-5084	103	7	on	on	ADP
ejsice-5084	103	8	governance	governance	NOUN
ejsice-5084	103	9	using	use	VERB
ejsice-5084	103	10	the	the	DET
ejsice-5084	103	11	sub	sub	NOUN
ejsice-5084	103	12	-	-	NOUN
ejsice-5084	103	13	indices	index	NOUN
ejsice-5084	103	14	making	make	VERB
ejsice-5084	103	15	up	up	ADP
ejsice-5084	103	16	the	the	DET
ejsice-5084	103	17	global	global	ADJ
ejsice-5084	103	18	governance	governance	NOUN
ejsice-5084	103	19	index	index	NOUN
ejsice-5084	103	20	.	.	PUNCT
ejsice-5084	104	1	the	the	DET
ejsice-5084	104	2	decomposition	decomposition	NOUN
ejsice-5084	104	3	of	of	ADP
ejsice-5084	104	4	the	the	DET
ejsice-5084	104	5	governance	governance	NOUN
ejsice-5084	104	6	index	index	NOUN
ejsice-5084	104	7	consists	consist	VERB
ejsice-5084	104	8	of	of	ADP
ejsice-5084	104	9	replacing	replace	VERB
ejsice-5084	104	10	this	this	DET
ejsice-5084	104	11	index	index	NOUN
ejsice-5084	104	12	with	with	ADP
ejsice-5084	104	13	its	its	PRON
ejsice-5084	104	14	four	four	NUM
ejsice-5084	104	15	sub	sub	NOUN
ejsice-5084	104	16	-	-	NOUN
ejsice-5084	104	17	indices	index	NOUN
ejsice-5084	104	18	(	(	PUNCT
ejsice-5084	104	19	bc	bc	PROPN
ejsice-5084	104	20	,	,	PUNCT
ejsice-5084	104	21	sc	sc	PROPN
ejsice-5084	104	22	,	,	PUNCT
ejsice-5084	104	23	sr	sr	PROPN
ejsice-5084	104	24	,	,	PUNCT
ejsice-5084	104	25	and	and	CCONJ
ejsice-5084	104	26	div	div	PROPN
ejsice-5084	104	27	)	)	PUNCT
ejsice-5084	104	28	in	in	ADP
ejsice-5084	104	29	the	the	DET
ejsice-5084	104	30	three	three	NUM
ejsice-5084	104	31	performance	performance	NOUN
ejsice-5084	104	32	equations	equation	NOUN
ejsice-5084	104	33	.	.	PUNCT
ejsice-5084	105	1	the	the	DET
ejsice-5084	105	2	estimated	estimate	VERB
ejsice-5084	105	3	models	model	NOUN
ejsice-5084	105	4	,	,	PUNCT
ejsice-5084	105	5	in	in	ADP
ejsice-5084	105	6	this	this	DET
ejsice-5084	105	7	step	step	NOUN
ejsice-5084	105	8	,	,	PUNCT
ejsice-5084	105	9	are	be	AUX
ejsice-5084	105	10	as	as	SCONJ
ejsice-5084	105	11	follows	follow	VERB
ejsice-5084	105	12	:	:	PUNCT
ejsice-5084	105	13	𝑴𝒐𝒅el	𝑴𝒐𝒅el	PROPN
ejsice-5084	105	14	3	3	NUM
ejsice-5084	105	15	∶	∶	NOUN
ejsice-5084	105	16	roe	roe	NOUN
ejsice-5084	105	17	=	=	PUNCT
ejsice-5084	106	1	𝑐𝑡𝑒+	𝑐𝑡𝑒+	NOUN
ejsice-5084	106	2	𝛼1	𝛼1	NOUN
ejsice-5084	106	3	𝐵𝐶	𝐵𝐶	PROPN
ejsice-5084	106	4	+	+	CCONJ
ejsice-5084	106	5	𝛼2	𝛼2	PROPN
ejsice-5084	106	6	𝑆𝐶	𝑆𝐶	PROPN
ejsice-5084	106	7	+	+	CCONJ
ejsice-5084	106	8	𝛼3	𝛼3	NOUN
ejsice-5084	106	9	𝑆𝑅	𝑆𝑅	PROPN
ejsice-5084	106	10	+	+	CCONJ
ejsice-5084	106	11	𝛼4	𝛼4	NOUN
ejsice-5084	106	12	𝐷𝐼𝑉	𝐷𝐼𝑉	NOUN
ejsice-5084	106	13	+	+	CCONJ
ejsice-5084	106	14	𝛽1	𝛽1	NOUN
ejsice-5084	106	15	𝑇	𝑇	PROPN
ejsice-5084	106	16	+	+	CCONJ
ejsice-5084	106	17	𝛽2	𝛽2	PROPN
ejsice-5084	106	18	𝐴𝐺𝐸	𝐴𝐺𝐸	PROPN
ejsice-5084	106	19	+	+	PUNCT
ejsice-5084	106	20	𝜀𝑖	𝜀𝑖	ADP
ejsice-5084	106	21	𝑴𝒐𝒅el	𝑴𝒐𝒅el	PROPN
ejsice-5084	106	22	4	4	NUM
ejsice-5084	106	23	∶𝑅𝑂𝐴	∶𝑅𝑂𝐴	NUM
ejsice-5084	106	24	=	=	SYM
ejsice-5084	106	25	𝑐𝑡𝑒	𝑐𝑡𝑒	X
ejsice-5084	106	26	+	+	PUNCT
ejsice-5084	106	27	𝛼1	𝛼1	NOUN
ejsice-5084	106	28	𝐵𝐶	𝐵𝐶	PROPN
ejsice-5084	106	29	+	+	CCONJ
ejsice-5084	106	30	𝛼2	𝛼2	PROPN
ejsice-5084	106	31	𝑆𝐶	𝑆𝐶	PROPN
ejsice-5084	106	32	+	+	CCONJ
ejsice-5084	106	33	𝛼3	𝛼3	NOUN
ejsice-5084	106	34	𝑆𝑅	𝑆𝑅	PROPN
ejsice-5084	106	35	+	+	CCONJ
ejsice-5084	106	36	𝛼4	𝛼4	NOUN
ejsice-5084	106	37	𝐷𝐼𝑉	𝐷𝐼𝑉	NOUN
ejsice-5084	106	38	+	+	CCONJ
ejsice-5084	106	39	𝛽1	𝛽1	NOUN
ejsice-5084	106	40	𝑇	𝑇	PROPN
ejsice-5084	106	41	+	+	CCONJ
ejsice-5084	106	42	𝛽2	𝛽2	PROPN
ejsice-5084	106	43	𝐴𝐺𝐸	𝐴𝐺𝐸	PROPN
ejsice-5084	106	44	+	+	CCONJ
ejsice-5084	106	45	𝜀𝑖	𝜀𝑖	ADP
ejsice-5084	106	46	where	where	SCONJ
ejsice-5084	106	47	𝑖=1	𝑖=1	PROPN
ejsice-5084	106	48	100	100	NUM
ejsice-5084	106	49	designates	designate	VERB
ejsice-5084	106	50	companies	company	NOUN
ejsice-5084	106	51	;	;	PUNCT
ejsice-5084	106	52	bc	bc	PROPN
ejsice-5084	106	53	:	:	PUNCT
ejsice-5084	106	54	the	the	DET
ejsice-5084	106	55	composition	composition	NOUN
ejsice-5084	106	56	of	of	ADP
ejsice-5084	106	57	the	the	DET
ejsice-5084	106	58	board	board	NOUN
ejsice-5084	106	59	of	of	ADP
ejsice-5084	106	60	directors	director	NOUN
ejsice-5084	106	61	;	;	PUNCT
ejsice-5084	106	62	sc	sc	PROPN
ejsice-5084	106	63	:	:	PUNCT
ejsice-5084	106	64	shareholding	shareholding	NOUN
ejsice-5084	106	65	and	and	CCONJ
ejsice-5084	106	66	compensation	compensation	NOUN
ejsice-5084	106	67	;	;	PUNCT
ejsice-5084	106	68	sr	sr	PROPN
ejsice-5084	106	69	:	:	PUNCT
ejsice-5084	106	70	shareholder	shareholder	NOUN
ejsice-5084	106	71	rights	right	NOUN
ejsice-5084	106	72	;	;	PUNCT
ejsice-5084	106	73	div	div	X
ejsice-5084	106	74	:	:	PUNCT
ejsice-5084	106	75	information	information	NOUN
ejsice-5084	106	76	disclosure	disclosure	NOUN
ejsice-5084	106	77	.	.	PUNCT
ejsice-5084	107	1	t	t	NOUN
ejsice-5084	107	2	:	:	PUNCT
ejsice-5084	107	3	size	size	NOUN
ejsice-5084	107	4	;	;	PUNCT
ejsice-5084	107	5	age	age	NOUN
ejsice-5084	107	6	:	:	PUNCT
ejsice-5084	107	7	age	age	NOUN
ejsice-5084	107	8	of	of	ADP
ejsice-5084	107	9	company	company	NOUN
ejsice-5084	107	10	;	;	PUNCT
ejsice-5084	107	11	c	c	NOUN
ejsice-5084	107	12	:	:	PUNCT
ejsice-5084	107	13	constant	constant	ADJ
ejsice-5084	107	14	;	;	PUNCT
ejsice-5084	107	15	and	and	CCONJ
ejsice-5084	107	16	𝜺	𝜺	NOUN
ejsice-5084	107	17	:	:	PUNCT
ejsice-5084	107	18	standard	standard	ADJ
ejsice-5084	107	19	error	error	NOUN
ejsice-5084	107	20	the	the	DET
ejsice-5084	107	21	various	various	ADJ
ejsice-5084	107	22	estimates	estimate	NOUN
ejsice-5084	107	23	indicate	indicate	VERB
ejsice-5084	107	24	that	that	SCONJ
ejsice-5084	107	25	the	the	DET
ejsice-5084	107	26	sub	sub	NOUN
ejsice-5084	107	27	-	-	NOUN
ejsice-5084	107	28	indices	index	NOUN
ejsice-5084	107	29	have	have	VERB
ejsice-5084	107	30	a	a	DET
ejsice-5084	107	31	significant	significant	ADJ
ejsice-5084	107	32	impact	impact	NOUN
ejsice-5084	107	33	on	on	ADP
ejsice-5084	107	34	financial	financial	ADJ
ejsice-5084	107	35	performance	performance	NOUN
ejsice-5084	107	36	.	.	PUNCT
ejsice-5084	108	1	therefore	therefore	ADV
ejsice-5084	108	2	,	,	PUNCT
ejsice-5084	108	3	our	our	PRON
ejsice-5084	108	4	hypothesis	hypothesis	NOUN
ejsice-5084	108	5	has	have	AUX
ejsice-5084	108	6	been	be	AUX
ejsice-5084	108	7	verified	verify	VERB
ejsice-5084	108	8	for	for	ADP
ejsice-5084	108	9	model	model	NOUN
ejsice-5084	108	10	3	3	NUM
ejsice-5084	108	11	and	and	CCONJ
ejsice-5084	108	12	model	model	NOUN
ejsice-5084	108	13	4	4	NUM
ejsice-5084	108	14	.	.	PUNCT
ejsice-5084	108	15	table	table	NOUN
ejsice-5084	108	16	4	4	NUM
ejsice-5084	108	17	:	:	PUNCT
ejsice-5084	108	18	expressive	expressive	ADJ
ejsice-5084	108	19	study	study	NOUN
ejsice-5084	108	20	of	of	ADP
ejsice-5084	108	21	expression	expression	NOUN
ejsice-5084	108	22	form	form	NOUN
ejsice-5084	108	23	variable	variable	ADJ
ejsice-5084	108	24	roe	roe	PROPN
ejsice-5084	108	25	roa	roa	PROPN
ejsice-5084	108	26	constant	constant	ADJ
ejsice-5084	108	27	6.324	6.324	NUM
ejsice-5084	108	28	*	*	PUNCT
ejsice-5084	108	29	*	*	PUNCT
ejsice-5084	108	30	(	(	PUNCT
ejsice-5084	108	31	3.511	3.511	NUM
ejsice-5084	108	32	)	)	PUNCT
ejsice-5084	109	1	7.133	7.133	NUM
ejsice-5084	109	2	*	*	PUNCT
ejsice-5084	109	3	*	*	PUNCT
ejsice-5084	109	4	(	(	PUNCT
ejsice-5084	109	5	3.220	3.220	NUM
ejsice-5084	109	6	)	)	PUNCT
ejsice-5084	109	7	bc	bc	PROPN
ejsice-5084	109	8	sc	sc	PROPN
ejsice-5084	109	9	sr	sr	PROPN
ejsice-5084	109	10	div	div	PROPN
ejsice-5084	109	11	0.125	0.125	NUM
ejsice-5084	109	12	*	*	PUNCT
ejsice-5084	109	13	(	(	PUNCT
ejsice-5084	109	14	0.052	0.052	NUM
ejsice-5084	109	15	)	)	PUNCT
ejsice-5084	109	16	0.241	0.241	NUM
ejsice-5084	109	17	*	*	SYM
ejsice-5084	109	18	(	(	PUNCT
ejsice-5084	109	19	0.068	0.068	NUM
ejsice-5084	109	20	)	)	PUNCT
ejsice-5084	109	21	0.189	0.189	NUM
ejsice-5084	109	22	*	*	PUNCT
ejsice-5084	109	23	(	(	PUNCT
ejsice-5084	109	24	0.034	0.034	NUM
ejsice-5084	109	25	)	)	PUNCT
ejsice-5084	109	26	0.518	0.518	NUM
ejsice-5084	109	27	(	(	PUNCT
ejsice-5084	109	28	1.021	1.021	NUM
ejsice-5084	109	29	)	)	PUNCT
ejsice-5084	109	30	0.425	0.425	NUM
ejsice-5084	109	31	(	(	PUNCT
ejsice-5084	109	32	0.085	0.085	NUM
ejsice-5084	109	33	)	)	PUNCT
ejsice-5084	109	34	0.324	0.324	NUM
ejsice-5084	109	35	*	*	PUNCT
ejsice-5084	109	36	(	(	PUNCT
ejsice-5084	109	37	0.088	0.088	NUM
ejsice-5084	109	38	)	)	PUNCT
ejsice-5084	109	39	0.225	0.225	NUM
ejsice-5084	109	40	*	*	PUNCT
ejsice-5084	109	41	(	(	PUNCT
ejsice-5084	109	42	0.043	0.043	NUM
ejsice-5084	109	43	)	)	PUNCT
ejsice-5084	109	44	0.125	0.125	NUM
ejsice-5084	109	45	*	*	PUNCT
ejsice-5084	109	46	(	(	PUNCT
ejsice-5084	109	47	0.214	0.214	NUM
ejsice-5084	109	48	)	)	PUNCT
ejsice-5084	109	49	age	age	NOUN
ejsice-5084	109	50	0.005	0.005	NUM
ejsice-5084	109	51	(	(	PUNCT
ejsice-5084	109	52	0.0326	0.0326	NUM
ejsice-5084	109	53	)	)	PUNCT
ejsice-5084	109	54	0.0065	0.0065	NUM
ejsice-5084	109	55	(	(	PUNCT
ejsice-5084	109	56	0.0121	0.0121	NUM
ejsice-5084	109	57	)	)	PUNCT
ejsice-5084	109	58	t	t	NOUN
ejsice-5084	109	59	5.522	5.522	NUM
ejsice-5084	109	60	*	*	PUNCT
ejsice-5084	109	61	*	*	PUNCT
ejsice-5084	109	62	*	*	PUNCT
ejsice-5084	109	63	(	(	PUNCT
ejsice-5084	109	64	1.254	1.254	NUM
ejsice-5084	109	65	)	)	PUNCT
ejsice-5084	109	66	4.225	4.225	NUM
ejsice-5084	110	1	*	*	PUNCT
ejsice-5084	111	1	*	*	PUNCT
ejsice-5084	112	1	(	(	PUNCT
ejsice-5084	112	2	1.113	1.113	NUM
ejsice-5084	112	3	)	)	PUNCT
ejsice-5084	112	4	r2	r2	NOUN
ejsice-5084	112	5	number	number	NOUN
ejsice-5084	112	6	of	of	ADP
ejsice-5084	112	7	observation	observation	NOUN
ejsice-5084	112	8	0.48	0.48	NUM
ejsice-5084	112	9	100	100	NUM
ejsice-5084	112	10	0.502	0.502	NUM
ejsice-5084	112	11	100	100	NUM
ejsice-5084	112	12	source	source	NOUN
ejsice-5084	112	13	:	:	PUNCT
ejsice-5084	112	14	eviews	eviews	PROPN
ejsice-5084	112	15	9	9	NUM
ejsice-5084	112	16	http://www.ojs.unito.it/index.php/ejsice/index	http://www.ojs.unito.it/index.php/ejsice/index	PROPN
ejsice-5084	112	17	european	european	PROPN
ejsice-5084	112	18	journal	journal	PROPN
ejsice-5084	112	19	of	of	ADP
ejsice-5084	112	20	social	social	ADJ
ejsice-5084	112	21	impact	impact	NOUN
ejsice-5084	112	22	and	and	CCONJ
ejsice-5084	112	23	circular	circular	ADJ
ejsice-5084	112	24	economy	economy	NOUN
ejsice-5084	112	25	issn	issn	NOUN
ejsice-5084	112	26	:	:	PUNCT
ejsice-5084	112	27	2704	2704	NUM
ejsice-5084	112	28	-	-	SYM
ejsice-5084	112	29	9906	9906	NUM
ejsice-5084	112	30	doi:10.13135/2704	doi:10.13135/2704	NOUN
ejsice-5084	112	31	-	-	PUNCT
ejsice-5084	112	32	9906/5084	9906/5084	NUM
ejsice-5084	112	33	published	publish	VERB
ejsice-5084	112	34	by	by	ADP
ejsice-5084	112	35	university	university	PROPN
ejsice-5084	112	36	of	of	ADP
ejsice-5084	112	37	turin	turin	PROPN
ejsice-5084	112	38	http://www.ojs.unito.it/index.php/ejsice/index	http://www.ojs.unito.it/index.php/ejsice/index	PROPN
ejsice-5084	112	39	ejsice	ejsice	PROPN
ejsice-5084	112	40	content	content	NOUN
ejsice-5084	112	41	is	be	AUX
ejsice-5084	112	42	licensed	license	VERB
ejsice-5084	112	43	under	under	ADP
ejsice-5084	112	44	a	a	DET
ejsice-5084	112	45	creative	creative	ADJ
ejsice-5084	112	46	commons	common	NOUN
ejsice-5084	112	47	attribution	attribution	NOUN
ejsice-5084	112	48	4.0	4.0	NUM
ejsice-5084	112	49	internationallicense	internationallicense	NOUN
ejsice-5084	112	50	11	11	NUM
ejsice-5084	112	51	the	the	DET
ejsice-5084	112	52	value	value	NOUN
ejsice-5084	112	53	in	in	ADP
ejsice-5084	112	54	parentheses	parenthesis	NOUN
ejsice-5084	112	55	indicates	indicate	VERB
ejsice-5084	112	56	the	the	DET
ejsice-5084	112	57	standard	standard	ADJ
ejsice-5084	112	58	error	error	NOUN
ejsice-5084	112	59	*	*	PUNCT
ejsice-5084	112	60	significant	significant	ADJ
ejsice-5084	112	61	at	at	ADP
ejsice-5084	112	62	the	the	DET
ejsice-5084	112	63	10	10	NUM
ejsice-5084	112	64	%	%	NOUN
ejsice-5084	112	65	level*significant	level*significant	NOUN
ejsice-5084	112	66	at	at	ADP
ejsice-5084	112	67	the	the	DET
ejsice-5084	112	68	5	5	NUM
ejsice-5084	112	69	%	%	NOUN
ejsice-5084	112	70	level*significant	level*significant	NOUN
ejsice-5084	112	71	at	at	ADP
ejsice-5084	112	72	the	the	DET
ejsice-5084	112	73	1	1	NUM
ejsice-5084	112	74	%	%	NOUN
ejsice-5084	112	75	level	level	NOUN
ejsice-5084	112	76	*	*	PUNCT
ejsice-5084	112	77	*	*	PUNCT
ejsice-5084	112	78	*	*	PUNCT
ejsice-5084	112	79	it	it	PRON
ejsice-5084	112	80	is	be	AUX
ejsice-5084	112	81	important	important	ADJ
ejsice-5084	112	82	to	to	PART
ejsice-5084	112	83	note	note	VERB
ejsice-5084	112	84	that	that	SCONJ
ejsice-5084	112	85	the	the	DET
ejsice-5084	112	86	low	low	ADJ
ejsice-5084	112	87	value	value	NOUN
ejsice-5084	112	88	of	of	ADP
ejsice-5084	112	89	r2	r2	PROPN
ejsice-5084	112	90	in	in	ADP
ejsice-5084	112	91	table	table	NOUN
ejsice-5084	112	92	4	4	NUM
ejsice-5084	112	93	indicates	indicate	VERB
ejsice-5084	112	94	that	that	SCONJ
ejsice-5084	112	95	the	the	DET
ejsice-5084	112	96	explanatory	explanatory	ADJ
ejsice-5084	112	97	power	power	NOUN
ejsice-5084	112	98	of	of	ADP
ejsice-5084	112	99	our	our	PRON
ejsice-5084	112	100	model	model	NOUN
ejsice-5084	112	101	is	be	AUX
ejsice-5084	112	102	moderate	moderate	ADJ
ejsice-5084	112	103	.	.	PUNCT
ejsice-5084	113	1	the	the	DET
ejsice-5084	113	2	results	result	NOUN
ejsice-5084	113	3	that	that	PRON
ejsice-5084	113	4	come	come	VERB
ejsice-5084	113	5	from	from	ADP
ejsice-5084	113	6	our	our	PRON
ejsice-5084	113	7	estimates	estimate	NOUN
ejsice-5084	113	8	can	can	AUX
ejsice-5084	113	9	be	be	AUX
ejsice-5084	113	10	interpreted	interpret	VERB
ejsice-5084	113	11	as	as	SCONJ
ejsice-5084	113	12	follows	follow	VERB
ejsice-5084	113	13	:	:	PUNCT
ejsice-5084	113	14	>	>	X
ejsice-5084	113	15	the	the	DET
ejsice-5084	113	16	effect	effect	NOUN
ejsice-5084	113	17	of	of	ADP
ejsice-5084	113	18	the	the	DET
ejsice-5084	113	19	total	total	ADJ
ejsice-5084	113	20	assets	asset	NOUN
ejsice-5084	113	21	variable	variable	NOUN
ejsice-5084	113	22	(	(	PUNCT
ejsice-5084	113	23	t	t	NOUN
ejsice-5084	113	24	)	)	PUNCT
ejsice-5084	113	25	is	be	AUX
ejsice-5084	113	26	positive	positive	ADJ
ejsice-5084	113	27	and	and	CCONJ
ejsice-5084	113	28	is	be	AUX
ejsice-5084	113	29	statistically	statistically	ADV
ejsice-5084	113	30	significant	significant	ADJ
ejsice-5084	113	31	given	give	VERB
ejsice-5084	113	32	that	that	SCONJ
ejsice-5084	113	33	the	the	DET
ejsice-5084	113	34	probability	probability	NOUN
ejsice-5084	113	35	associated	associate	VERB
ejsice-5084	113	36	with	with	ADP
ejsice-5084	113	37	this	this	DET
ejsice-5084	113	38	variable	variable	NOUN
ejsice-5084	113	39	is	be	AUX
ejsice-5084	113	40	0.050	0.050	NUM
ejsice-5084	113	41	,	,	PUNCT
ejsice-5084	113	42	or	or	CCONJ
ejsice-5084	113	43	equal	equal	ADJ
ejsice-5084	113	44	to	to	ADP
ejsice-5084	113	45	0.05	0.05	NUM
ejsice-5084	113	46	.	.	PUNCT
ejsice-5084	114	1	the	the	DET
ejsice-5084	114	2	sign	sign	NOUN
ejsice-5084	114	3	associated	associate	VERB
ejsice-5084	114	4	with	with	ADP
ejsice-5084	114	5	its	its	PRON
ejsice-5084	114	6	parameter	parameter	NOUN
ejsice-5084	114	7	indicates	indicate	VERB
ejsice-5084	114	8	that	that	SCONJ
ejsice-5084	114	9	an	an	DET
ejsice-5084	114	10	increase	increase	NOUN
ejsice-5084	114	11	in	in	ADP
ejsice-5084	114	12	total	total	ADJ
ejsice-5084	114	13	assets	asset	NOUN
ejsice-5084	114	14	has	have	VERB
ejsice-5084	114	15	a	a	DET
ejsice-5084	114	16	positive	positive	ADJ
ejsice-5084	114	17	impact	impact	NOUN
ejsice-5084	114	18	on	on	ADP
ejsice-5084	114	19	the	the	DET
ejsice-5084	114	20	roa	roa	NOUN
ejsice-5084	114	21	and	and	CCONJ
ejsice-5084	114	22	the	the	DET
ejsice-5084	114	23	roe	roe	NOUN
ejsice-5084	114	24	.	.	PUNCT
ejsice-5084	115	1	>	>	X
ejsice-5084	116	1	the	the	DET
ejsice-5084	116	2	impact	impact	NOUN
ejsice-5084	116	3	of	of	ADP
ejsice-5084	116	4	the	the	DET
ejsice-5084	116	5	variable	variable	NOUN
ejsice-5084	116	6	on	on	ADP
ejsice-5084	116	7	the	the	DET
ejsice-5084	116	8	composition	composition	NOUN
ejsice-5084	116	9	of	of	ADP
ejsice-5084	116	10	the	the	DET
ejsice-5084	116	11	board	board	NOUN
ejsice-5084	116	12	of	of	ADP
ejsice-5084	116	13	directors	director	NOUN
ejsice-5084	116	14	is	be	AUX
ejsice-5084	116	15	positive	positive	ADJ
ejsice-5084	116	16	and	and	CCONJ
ejsice-5084	116	17	statistically	statistically	ADV
ejsice-5084	116	18	significant	significant	ADJ
ejsice-5084	116	19	given	give	VERB
ejsice-5084	116	20	that	that	SCONJ
ejsice-5084	116	21	the	the	DET
ejsice-5084	116	22	t	t	PROPN
ejsice-5084	116	23	-	-	PUNCT
ejsice-5084	116	24	stat	stat	NOUN
ejsice-5084	116	25	is	be	AUX
ejsice-5084	116	26	lower	low	ADJ
ejsice-5084	116	27	than	than	ADP
ejsice-5084	116	28	that	that	PRON
ejsice-5084	116	29	of	of	ADP
ejsice-5084	116	30	the	the	DET
ejsice-5084	116	31	table	table	NOUN
ejsice-5084	116	32	of	of	ADP
ejsice-5084	116	33	at	at	ADP
ejsice-5084	116	34	the	the	DET
ejsice-5084	116	35	5	5	NUM
ejsice-5084	116	36	%	%	NOUN
ejsice-5084	116	37	threshold	threshold	NOUN
ejsice-5084	116	38	.	.	PUNCT
ejsice-5084	117	1	the	the	DET
ejsice-5084	117	2	sign	sign	NOUN
ejsice-5084	117	3	associated	associate	VERB
ejsice-5084	117	4	with	with	ADP
ejsice-5084	117	5	its	its	PRON
ejsice-5084	117	6	parameter	parameter	NOUN
ejsice-5084	117	7	indicates	indicate	VERB
ejsice-5084	117	8	that	that	SCONJ
ejsice-5084	117	9	the	the	DET
ejsice-5084	117	10	composition	composition	NOUN
ejsice-5084	117	11	of	of	ADP
ejsice-5084	117	12	the	the	DET
ejsice-5084	117	13	board	board	NOUN
ejsice-5084	117	14	of	of	ADP
ejsice-5084	117	15	directors	director	NOUN
ejsice-5084	117	16	influences	influence	VERB
ejsice-5084	117	17	the	the	DET
ejsice-5084	117	18	roe	roe	PROPN
ejsice-5084	117	19	and	and	CCONJ
ejsice-5084	117	20	roa	roa	PROPN
ejsice-5084	117	21	.	.	PUNCT
ejsice-5084	118	1	>	>	X
ejsice-5084	119	1	the	the	DET
ejsice-5084	119	2	impact	impact	NOUN
ejsice-5084	119	3	of	of	ADP
ejsice-5084	119	4	the	the	DET
ejsice-5084	119	5	shareholding	shareholding	NOUN
ejsice-5084	119	6	and	and	CCONJ
ejsice-5084	119	7	compensation	compensation	NOUN
ejsice-5084	119	8	variable	variable	NOUN
ejsice-5084	119	9	is	be	AUX
ejsice-5084	119	10	positive	positive	ADJ
ejsice-5084	119	11	and	and	CCONJ
ejsice-5084	119	12	statistically	statistically	ADV
ejsice-5084	119	13	significant	significant	ADJ
ejsice-5084	119	14	given	give	VERB
ejsice-5084	119	15	that	that	SCONJ
ejsice-5084	119	16	the	the	DET
ejsice-5084	119	17	t	t	PROPN
ejsice-5084	119	18	-	-	PUNCT
ejsice-5084	119	19	stat	stat	NOUN
ejsice-5084	119	20	is	be	AUX
ejsice-5084	119	21	lower	low	ADJ
ejsice-5084	119	22	than	than	ADP
ejsice-5084	119	23	that	that	PRON
ejsice-5084	119	24	of	of	ADP
ejsice-5084	119	25	the	the	DET
ejsice-5084	119	26	table	table	NOUN
ejsice-5084	119	27	of	of	ADP
ejsice-5084	119	28	at	at	ADP
ejsice-5084	119	29	the	the	DET
ejsice-5084	119	30	5	5	NUM
ejsice-5084	119	31	%	%	NOUN
ejsice-5084	119	32	threshold	threshold	NOUN
ejsice-5084	119	33	.	.	PUNCT
ejsice-5084	120	1	the	the	DET
ejsice-5084	120	2	sign	sign	NOUN
ejsice-5084	120	3	associated	associate	VERB
ejsice-5084	120	4	with	with	ADP
ejsice-5084	120	5	its	its	PRON
ejsice-5084	120	6	parameter	parameter	NOUN
ejsice-5084	120	7	indicates	indicate	VERB
ejsice-5084	120	8	that	that	SCONJ
ejsice-5084	120	9	the	the	DET
ejsice-5084	120	10	composition	composition	NOUN
ejsice-5084	120	11	of	of	ADP
ejsice-5084	120	12	the	the	DET
ejsice-5084	120	13	board	board	NOUN
ejsice-5084	120	14	of	of	ADP
ejsice-5084	120	15	directors	director	NOUN
ejsice-5084	120	16	influences	influence	VERB
ejsice-5084	120	17	the	the	DET
ejsice-5084	120	18	roe	roe	PROPN
ejsice-5084	120	19	and	and	CCONJ
ejsice-5084	120	20	roa	roa	PROPN
ejsice-5084	120	21	.	.	PUNCT
ejsice-5084	121	1	>	>	X
ejsice-5084	122	1	the	the	DET
ejsice-5084	122	2	impact	impact	NOUN
ejsice-5084	122	3	of	of	ADP
ejsice-5084	122	4	the	the	DET
ejsice-5084	122	5	shareholder	shareholder	NOUN
ejsice-5084	122	6	rights	right	NOUN
ejsice-5084	122	7	variable	variable	NOUN
ejsice-5084	122	8	is	be	AUX
ejsice-5084	122	9	positive	positive	ADJ
ejsice-5084	122	10	and	and	CCONJ
ejsice-5084	122	11	statistically	statistically	ADV
ejsice-5084	122	12	significant	significant	ADJ
ejsice-5084	122	13	given	give	VERB
ejsice-5084	122	14	that	that	SCONJ
ejsice-5084	122	15	the	the	DET
ejsice-5084	122	16	tstat	tstat	NOUN
ejsice-5084	122	17	is	be	AUX
ejsice-5084	122	18	lower	low	ADJ
ejsice-5084	122	19	than	than	ADP
ejsice-5084	122	20	that	that	PRON
ejsice-5084	122	21	of	of	ADP
ejsice-5084	122	22	the	the	DET
ejsice-5084	122	23	table	table	NOUN
ejsice-5084	122	24	of	of	ADP
ejsice-5084	122	25	at	at	ADP
ejsice-5084	122	26	the	the	DET
ejsice-5084	122	27	5	5	NUM
ejsice-5084	122	28	%	%	NOUN
ejsice-5084	122	29	threshold	threshold	NOUN
ejsice-5084	122	30	.	.	PUNCT
ejsice-5084	123	1	the	the	DET
ejsice-5084	123	2	sign	sign	NOUN
ejsice-5084	123	3	associated	associate	VERB
ejsice-5084	123	4	with	with	ADP
ejsice-5084	123	5	its	its	PRON
ejsice-5084	123	6	parameter	parameter	NOUN
ejsice-5084	123	7	indicates	indicate	VERB
ejsice-5084	123	8	that	that	SCONJ
ejsice-5084	123	9	the	the	DET
ejsice-5084	123	10	composition	composition	NOUN
ejsice-5084	123	11	of	of	ADP
ejsice-5084	123	12	the	the	DET
ejsice-5084	123	13	board	board	NOUN
ejsice-5084	123	14	of	of	ADP
ejsice-5084	123	15	directors	director	NOUN
ejsice-5084	123	16	influences	influence	VERB
ejsice-5084	123	17	the	the	DET
ejsice-5084	123	18	roe	roe	PROPN
ejsice-5084	123	19	and	and	CCONJ
ejsice-5084	123	20	roa	roa	PROPN
ejsice-5084	123	21	.	.	PUNCT
ejsice-5084	124	1	>	>	X
ejsice-5084	125	1	the	the	DET
ejsice-5084	125	2	impact	impact	NOUN
ejsice-5084	125	3	of	of	ADP
ejsice-5084	125	4	the	the	DET
ejsice-5084	125	5	variable	variable	ADJ
ejsice-5084	125	6	information	information	NOUN
ejsice-5084	125	7	disclosure	disclosure	NOUN
ejsice-5084	125	8	is	be	AUX
ejsice-5084	125	9	positive	positive	ADJ
ejsice-5084	125	10	and	and	CCONJ
ejsice-5084	125	11	statistically	statistically	ADV
ejsice-5084	125	12	significant	significant	ADJ
ejsice-5084	125	13	given	give	VERB
ejsice-5084	125	14	that	that	SCONJ
ejsice-5084	125	15	the	the	DET
ejsice-5084	125	16	t	t	PROPN
ejsice-5084	125	17	-	-	PUNCT
ejsice-5084	125	18	stat	stat	NOUN
ejsice-5084	125	19	is	be	AUX
ejsice-5084	125	20	lower	low	ADJ
ejsice-5084	125	21	than	than	ADP
ejsice-5084	125	22	that	that	PRON
ejsice-5084	125	23	of	of	ADP
ejsice-5084	125	24	the	the	DET
ejsice-5084	125	25	table	table	NOUN
ejsice-5084	125	26	of	of	ADP
ejsice-5084	125	27	at	at	ADP
ejsice-5084	125	28	the	the	DET
ejsice-5084	125	29	5	5	NUM
ejsice-5084	125	30	%	%	NOUN
ejsice-5084	125	31	level	level	NOUN
ejsice-5084	125	32	.	.	PUNCT
ejsice-5084	126	1	the	the	DET
ejsice-5084	126	2	sign	sign	NOUN
ejsice-5084	126	3	associated	associate	VERB
ejsice-5084	126	4	with	with	ADP
ejsice-5084	126	5	its	its	PRON
ejsice-5084	126	6	parameter	parameter	NOUN
ejsice-5084	126	7	indicates	indicate	VERB
ejsice-5084	126	8	that	that	SCONJ
ejsice-5084	126	9	the	the	DET
ejsice-5084	126	10	composition	composition	NOUN
ejsice-5084	126	11	of	of	ADP
ejsice-5084	126	12	the	the	DET
ejsice-5084	126	13	board	board	NOUN
ejsice-5084	126	14	of	of	ADP
ejsice-5084	126	15	directors	director	NOUN
ejsice-5084	126	16	influences	influence	VERB
ejsice-5084	126	17	the	the	DET
ejsice-5084	126	18	roe	roe	PROPN
ejsice-5084	126	19	and	and	CCONJ
ejsice-5084	126	20	roa	roa	PROPN
ejsice-5084	126	21	.	.	PUNCT
ejsice-5084	127	1	>	>	X
ejsice-5084	128	1	the	the	DET
ejsice-5084	128	2	impact	impact	NOUN
ejsice-5084	128	3	of	of	ADP
ejsice-5084	128	4	the	the	DET
ejsice-5084	128	5	variable	variable	ADJ
ejsice-5084	128	6	age	age	NOUN
ejsice-5084	128	7	is	be	AUX
ejsice-5084	128	8	positive	positive	ADJ
ejsice-5084	128	9	given	give	VERB
ejsice-5084	128	10	its	its	PRON
ejsice-5084	128	11	coefficient	coefficient	NOUN
ejsice-5084	128	12	of	of	ADP
ejsice-5084	128	13	0.008	0.008	NUM
ejsice-5084	128	14	for	for	ADP
ejsice-5084	128	15	roa	roa	NOUN
ejsice-5084	128	16	and	and	CCONJ
ejsice-5084	128	17	0.007	0.007	NUM
ejsice-5084	128	18	for	for	ADP
ejsice-5084	128	19	roe	roe	NOUN
ejsice-5084	128	20	.	.	PUNCT
ejsice-5084	129	1	it	it	PRON
ejsice-5084	129	2	is	be	AUX
ejsice-5084	129	3	statically	statically	ADV
ejsice-5084	129	4	insignificant	insignificant	ADJ
ejsice-5084	129	5	in	in	ADP
ejsice-5084	129	6	view	view	NOUN
ejsice-5084	129	7	of	of	ADP
ejsice-5084	129	8	the	the	DET
ejsice-5084	129	9	student	student	NOUN
ejsice-5084	129	10	statistic	statistic	NOUN
ejsice-5084	129	11	calculated	calculate	VERB
ejsice-5084	129	12	lower	low	ADJ
ejsice-5084	129	13	than	than	ADP
ejsice-5084	129	14	that	that	PRON
ejsice-5084	129	15	of	of	ADP
ejsice-5084	129	16	the	the	DET
ejsice-5084	129	17	table	table	NOUN
ejsice-5084	129	18	.	.	PUNCT
ejsice-5084	130	1	5	5	X
ejsice-5084	130	2	.	.	X
ejsice-5084	130	3	discussion	discussion	NOUN
ejsice-5084	130	4	the	the	DET
ejsice-5084	130	5	relationship	relationship	NOUN
ejsice-5084	130	6	between	between	ADP
ejsice-5084	130	7	governance	governance	NOUN
ejsice-5084	130	8	and	and	CCONJ
ejsice-5084	130	9	economic	economic	ADJ
ejsice-5084	130	10	performance	performance	NOUN
ejsice-5084	130	11	has	have	AUX
ejsice-5084	130	12	long	long	ADV
ejsice-5084	130	13	remained	remain	VERB
ejsice-5084	130	14	the	the	DET
ejsice-5084	130	15	subject	subject	NOUN
ejsice-5084	130	16	of	of	ADP
ejsice-5084	130	17	much	much	ADJ
ejsice-5084	130	18	controversy	controversy	NOUN
ejsice-5084	130	19	between	between	ADP
ejsice-5084	130	20	different	different	ADJ
ejsice-5084	130	21	schools	school	NOUN
ejsice-5084	130	22	of	of	ADP
ejsice-5084	130	23	economic	economic	ADJ
ejsice-5084	130	24	thought	thought	NOUN
ejsice-5084	130	25	.	.	PUNCT
ejsice-5084	131	1	indeed	indeed	ADV
ejsice-5084	131	2	,	,	PUNCT
ejsice-5084	131	3	according	accord	VERB
ejsice-5084	131	4	to	to	ADP
ejsice-5084	131	5	our	our	PRON
ejsice-5084	131	6	estimates	estimate	NOUN
ejsice-5084	131	7	,	,	PUNCT
ejsice-5084	131	8	governance	governance	NOUN
ejsice-5084	131	9	has	have	VERB
ejsice-5084	131	10	a	a	DET
ejsice-5084	131	11	positively	positively	ADV
ejsice-5084	131	12	significant	significant	ADJ
ejsice-5084	131	13	effect	effect	NOUN
ejsice-5084	131	14	on	on	ADP
ejsice-5084	131	15	the	the	DET
ejsice-5084	131	16	performance	performance	NOUN
ejsice-5084	131	17	of	of	ADP
ejsice-5084	131	18	listed	list	VERB
ejsice-5084	131	19	companies	company	NOUN
ejsice-5084	131	20	for	for	ADP
ejsice-5084	131	21	the	the	DET
ejsice-5084	131	22	4	4	NUM
ejsice-5084	131	23	models	model	NOUN
ejsice-5084	131	24	.	.	PUNCT
ejsice-5084	132	1	for	for	ADP
ejsice-5084	132	2	model	model	NOUN
ejsice-5084	132	3	1	1	NUM
ejsice-5084	132	4	and	and	CCONJ
ejsice-5084	132	5	2	2	NUM
ejsice-5084	132	6	then	then	ADV
ejsice-5084	132	7	,	,	PUNCT
ejsice-5084	132	8	we	we	PRON
ejsice-5084	132	9	noticed	notice	VERB
ejsice-5084	132	10	that	that	SCONJ
ejsice-5084	132	11	according	accord	VERB
ejsice-5084	132	12	to	to	ADP
ejsice-5084	132	13	various	various	ADJ
ejsice-5084	132	14	estimates	estimate	NOUN
ejsice-5084	132	15	,	,	PUNCT
ejsice-5084	132	16	governance	governance	NOUN
ejsice-5084	132	17	has	have	VERB
ejsice-5084	132	18	an	an	DET
ejsice-5084	132	19	impact	impact	NOUN
ejsice-5084	132	20	on	on	ADP
ejsice-5084	132	21	financial	financial	ADJ
ejsice-5084	132	22	and	and	CCONJ
ejsice-5084	132	23	economic	economic	ADJ
ejsice-5084	132	24	performance	performance	NOUN
ejsice-5084	132	25	.	.	PUNCT
ejsice-5084	133	1	in	in	ADP
ejsice-5084	133	2	fact	fact	NOUN
ejsice-5084	133	3	,	,	PUNCT
ejsice-5084	133	4	the	the	DET
ejsice-5084	133	5	gov	gov	PROPN
ejsice-5084	133	6	variable	variable	NOUN
ejsice-5084	133	7	is	be	AUX
ejsice-5084	133	8	very	very	ADV
ejsice-5084	133	9	important	important	ADJ
ejsice-5084	133	10	in	in	ADP
ejsice-5084	133	11	the	the	DET
ejsice-5084	133	12	first	first	ADJ
ejsice-5084	133	13	of	of	ADP
ejsice-5084	133	14	two	two	NUM
ejsice-5084	133	15	models	model	NOUN
ejsice-5084	133	16	.	.	PUNCT
ejsice-5084	134	1	http://www.ojs.unito.it/index.php/ejsice/index	http://www.ojs.unito.it/index.php/ejsice/index	PROPN
ejsice-5084	134	2	european	european	PROPN
ejsice-5084	134	3	journal	journal	PROPN
ejsice-5084	134	4	of	of	ADP
ejsice-5084	134	5	social	social	ADJ
ejsice-5084	134	6	impact	impact	NOUN
ejsice-5084	134	7	and	and	CCONJ
ejsice-5084	134	8	circular	circular	ADJ
ejsice-5084	134	9	economy	economy	NOUN
ejsice-5084	134	10	issn	issn	NOUN
ejsice-5084	134	11	:	:	PUNCT
ejsice-5084	134	12	2704	2704	NUM
ejsice-5084	134	13	-	-	SYM
ejsice-5084	134	14	9906	9906	NUM
ejsice-5084	134	15	doi:10.13135/2704	doi:10.13135/2704	NOUN
ejsice-5084	134	16	-	-	PUNCT
ejsice-5084	134	17	9906/5084	9906/5084	NUM
ejsice-5084	134	18	published	publish	VERB
ejsice-5084	134	19	by	by	ADP
ejsice-5084	134	20	university	university	PROPN
ejsice-5084	134	21	of	of	ADP
ejsice-5084	134	22	turin	turin	PROPN
ejsice-5084	134	23	http://www.ojs.unito.it/index.php/ejsice/index	http://www.ojs.unito.it/index.php/ejsice/index	PROPN
ejsice-5084	134	24	ejsice	ejsice	PROPN
ejsice-5084	134	25	content	content	NOUN
ejsice-5084	134	26	is	be	AUX
ejsice-5084	134	27	licensed	license	VERB
ejsice-5084	134	28	under	under	ADP
ejsice-5084	134	29	a	a	DET
ejsice-5084	134	30	creative	creative	ADJ
ejsice-5084	134	31	commons	common	NOUN
ejsice-5084	134	32	attribution	attribution	NOUN
ejsice-5084	134	33	4.0	4.0	NUM
ejsice-5084	134	34	internationallicense	internationallicense	NOUN
ejsice-5084	134	35	12	12	NUM
ejsice-5084	134	36	therefore	therefore	ADV
ejsice-5084	134	37	,	,	PUNCT
ejsice-5084	134	38	our	our	PRON
ejsice-5084	134	39	general	general	ADJ
ejsice-5084	134	40	hypothesis	hypothesis	NOUN
ejsice-5084	134	41	has	have	AUX
ejsice-5084	134	42	been	be	AUX
ejsice-5084	134	43	verified	verify	VERB
ejsice-5084	134	44	.	.	PUNCT
ejsice-5084	135	1	this	this	DET
ejsice-5084	135	2	result	result	NOUN
ejsice-5084	135	3	is	be	AUX
ejsice-5084	135	4	the	the	DET
ejsice-5084	135	5	same	same	ADJ
ejsice-5084	135	6	as	as	ADP
ejsice-5084	135	7	the	the	DET
ejsice-5084	135	8	research	research	NOUN
ejsice-5084	135	9	direction	direction	NOUN
ejsice-5084	135	10	of	of	ADP
ejsice-5084	135	11	gruszczynski	gruszczynski	PROPN
ejsice-5084	135	12	(	(	PUNCT
ejsice-5084	135	13	2005	2005	NUM
ejsice-5084	135	14	)	)	PUNCT
ejsice-5084	135	15	,	,	PUNCT
ejsice-5084	135	16	which	which	PRON
ejsice-5084	135	17	reveals	reveal	VERB
ejsice-5084	135	18	the	the	DET
ejsice-5084	135	19	positive	positive	ADJ
ejsice-5084	135	20	relationship	relationship	NOUN
ejsice-5084	135	21	between	between	ADP
ejsice-5084	135	22	governance	governance	NOUN
ejsice-5084	135	23	index	index	NOUN
ejsice-5084	135	24	and	and	CCONJ
ejsice-5084	135	25	performance	performance	NOUN
ejsice-5084	135	26	in	in	ADP
ejsice-5084	135	27	the	the	DET
ejsice-5084	135	28	polish	polish	ADJ
ejsice-5084	135	29	language	language	NOUN
ejsice-5084	135	30	environment	environment	NOUN
ejsice-5084	135	31	.	.	PUNCT
ejsice-5084	136	1	the	the	DET
ejsice-5084	136	2	total	total	ADJ
ejsice-5084	136	3	assets	asset	NOUN
ejsice-5084	136	4	variable	variable	NOUN
ejsice-5084	136	5	(	(	PUNCT
ejsice-5084	136	6	t	t	NOUN
ejsice-5084	136	7	)	)	PUNCT
ejsice-5084	136	8	is	be	AUX
ejsice-5084	136	9	positive	positive	ADJ
ejsice-5084	136	10	and	and	CCONJ
ejsice-5084	136	11	significant	significant	ADJ
ejsice-5084	136	12	in	in	ADP
ejsice-5084	136	13	the	the	DET
ejsice-5084	136	14	two	two	NUM
ejsice-5084	136	15	equations	equation	NOUN
ejsice-5084	136	16	using	use	VERB
ejsice-5084	136	17	roe	roe	NOUN
ejsice-5084	136	18	(	(	PUNCT
ejsice-5084	136	19	6.054	6.054	NUM
ejsice-5084	136	20	*	*	PUNCT
ejsice-5084	136	21	*	*	PUNCT
ejsice-5084	136	22	*	*	PUNCT
ejsice-5084	136	23	)	)	PUNCT
ejsice-5084	136	24	and	and	CCONJ
ejsice-5084	136	25	roa	roa	PROPN
ejsice-5084	136	26	(	(	PUNCT
ejsice-5084	136	27	3.128	3.128	NUM
ejsice-5084	136	28	*	*	NOUN
ejsice-5084	136	29	*	*	PUNCT
ejsice-5084	136	30	)	)	PUNCT
ejsice-5084	136	31	.	.	PUNCT
ejsice-5084	137	1	this	this	PRON
ejsice-5084	137	2	is	be	AUX
ejsice-5084	137	3	consistent	consistent	ADJ
ejsice-5084	137	4	with	with	ADP
ejsice-5084	137	5	our	our	PRON
ejsice-5084	137	6	assumption	assumption	NOUN
ejsice-5084	137	7	that	that	DET
ejsice-5084	137	8	size	size	NOUN
ejsice-5084	137	9	has	have	VERB
ejsice-5084	137	10	a	a	DET
ejsice-5084	137	11	positive	positive	ADJ
ejsice-5084	137	12	effect	effect	NOUN
ejsice-5084	137	13	on	on	ADP
ejsice-5084	137	14	financial	financial	ADJ
ejsice-5084	137	15	performance	performance	NOUN
ejsice-5084	137	16	.	.	PUNCT
ejsice-5084	138	1	several	several	ADJ
ejsice-5084	138	2	authors	author	NOUN
ejsice-5084	138	3	have	have	AUX
ejsice-5084	138	4	found	find	VERB
ejsice-5084	138	5	similar	similar	ADJ
ejsice-5084	138	6	results	result	NOUN
ejsice-5084	138	7	such	such	ADJ
ejsice-5084	138	8	as	as	ADP
ejsice-5084	138	9	beshi	beshi	NOUN
ejsice-5084	138	10	,	,	PUNCT
ejsice-5084	138	11	t.	t.	PROPN
ejsice-5084	138	12	d.	d.	PROPN
ejsice-5084	138	13	,	,	PUNCT
ejsice-5084	138	14	&	&	CCONJ
ejsice-5084	138	15	kaur	kaur	PROPN
ejsice-5084	138	16	,	,	PUNCT
ejsice-5084	138	17	r.	r.	PROPN
ejsice-5084	138	18	(	(	PUNCT
ejsice-5084	138	19	2020	2020	NUM
ejsice-5084	138	20	)	)	PUNCT
ejsice-5084	138	21	,	,	PUNCT
ejsice-5084	138	22	durnev	durnev	NOUN
ejsice-5084	138	23	and	and	CCONJ
ejsice-5084	138	24	kim	kim	PROPN
ejsice-5084	138	25	(	(	PUNCT
ejsice-5084	138	26	2003	2003	NUM
ejsice-5084	138	27	)	)	PUNCT
ejsice-5084	138	28	,	,	PUNCT
ejsice-5084	138	29	bohren	bohren	NOUN
ejsice-5084	138	30	,	,	PUNCT
ejsice-5084	138	31	odegaard	odegaard	NOUN
ejsice-5084	138	32	(	(	PUNCT
ejsice-5084	138	33	2001	2001	NUM
ejsice-5084	138	34	)	)	PUNCT
ejsice-5084	138	35	,	,	PUNCT
ejsice-5084	138	36	f.	f.	PROPN
ejsice-5084	138	37	adjaoud	adjaoud	PROPN
ejsice-5084	138	38	,	,	PUNCT
ejsice-5084	138	39	d.	d.	NOUN
ejsice-5084	138	40	zeghal	zeghal	NOUN
ejsice-5084	138	41	and	and	CCONJ
ejsice-5084	138	42	s.	s.	PROPN
ejsice-5084	138	43	andaleeb	andaleeb	PROPN
ejsice-5084	138	44	(	(	PUNCT
ejsice-5084	138	45	2007	2007	NUM
ejsice-5084	138	46	)	)	PUNCT
ejsice-5084	138	47	who	who	PRON
ejsice-5084	138	48	find	find	VERB
ejsice-5084	138	49	in	in	ADP
ejsice-5084	138	50	different	different	ADJ
ejsice-5084	138	51	contexts	context	NOUN
ejsice-5084	138	52	of	of	ADP
ejsice-5084	138	53	positive	positive	ADJ
ejsice-5084	138	54	association	association	NOUN
ejsice-5084	138	55	between	between	ADP
ejsice-5084	138	56	size	size	NOUN
ejsice-5084	138	57	and	and	CCONJ
ejsice-5084	138	58	performance	performance	NOUN
ejsice-5084	138	59	.	.	PUNCT
ejsice-5084	139	1	the	the	DET
ejsice-5084	139	2	table	table	NOUN
ejsice-5084	139	3	bellow	bellow	ADJ
ejsice-5084	139	4	shows	show	VERB
ejsice-5084	139	5	that	that	SCONJ
ejsice-5084	139	6	any	any	DET
ejsice-5084	139	7	financial	financial	ADJ
ejsice-5084	139	8	performance	performance	NOUN
ejsice-5084	139	9	indicator	indicator	NOUN
ejsice-5084	139	10	prove	prove	VERB
ejsice-5084	139	11	the	the	DET
ejsice-5084	139	12	variable	variable	ADJ
ejsice-5084	139	13	age	age	NOUN
ejsice-5084	139	14	is	be	AUX
ejsice-5084	139	15	not	not	PART
ejsice-5084	139	16	important	important	ADJ
ejsice-5084	139	17	where	where	SCONJ
ejsice-5084	139	18	(	(	PUNCT
ejsice-5084	139	19	roe	roe	NOUN
ejsice-5084	139	20	is	be	AUX
ejsice-5084	139	21	0.004	0.004	NUM
ejsice-5084	139	22	,	,	PUNCT
ejsice-5084	139	23	roa	roa	PROPN
ejsice-5084	139	24	is	be	AUX
ejsice-5084	139	25	0.008	0.008	NUM
ejsice-5084	139	26	)	)	PUNCT
ejsice-5084	139	27	.	.	PUNCT
ejsice-5084	140	1	this	this	DET
ejsice-5084	140	2	result	result	NOUN
ejsice-5084	140	3	does	do	AUX
ejsice-5084	140	4	n’t	not	PART
ejsice-5084	140	5	match	match	VERB
ejsice-5084	140	6	our	our	PRON
ejsice-5084	140	7	expectations	expectation	NOUN
ejsice-5084	140	8	and	and	CCONJ
ejsice-5084	140	9	results	result	NOUN
ejsice-5084	140	10	in	in	ADP
ejsice-5084	140	11	other	other	ADJ
ejsice-5084	140	12	circumstances	circumstance	NOUN
ejsice-5084	140	13	and	and	CCONJ
ejsice-5084	140	14	other	other	ADJ
ejsice-5084	140	15	authors	author	NOUN
ejsice-5084	140	16	.	.	PUNCT
ejsice-5084	141	1	for	for	ADP
ejsice-5084	141	2	example	example	NOUN
ejsice-5084	141	3	,	,	PUNCT
ejsice-5084	141	4	ben	ben	PROPN
ejsice-5084	141	5	cheikh	cheikh	PROPN
ejsice-5084	141	6	and	and	CCONJ
ejsice-5084	141	7	zarai	zarai	PROPN
ejsice-5084	141	8	(	(	PUNCT
ejsice-5084	141	9	2008	2008	NUM
ejsice-5084	141	10	)	)	PUNCT
ejsice-5084	141	11	found	find	VERB
ejsice-5084	141	12	that	that	SCONJ
ejsice-5084	141	13	in	in	ADP
ejsice-5084	141	14	the	the	DET
ejsice-5084	141	15	tunisian	tunisian	ADJ
ejsice-5084	141	16	context	context	NOUN
ejsice-5084	141	17	,	,	PUNCT
ejsice-5084	141	18	the	the	DET
ejsice-5084	141	19	age	age	NOUN
ejsice-5084	141	20	variable	variable	NOUN
ejsice-5084	141	21	has	have	VERB
ejsice-5084	141	22	a	a	DET
ejsice-5084	141	23	significant	significant	ADJ
ejsice-5084	141	24	impact	impact	NOUN
ejsice-5084	141	25	on	on	ADP
ejsice-5084	141	26	a	a	DET
ejsice-5084	141	27	company	company	NOUN
ejsice-5084	141	28	's	's	PART
ejsice-5084	141	29	stock	stock	NOUN
ejsice-5084	141	30	market	market	NOUN
ejsice-5084	141	31	performance	performance	NOUN
ejsice-5084	141	32	(	(	PUNCT
ejsice-5084	141	33	mtb	mtb	NOUN
ejsice-5084	141	34	)	)	PUNCT
ejsice-5084	141	35	and	and	CCONJ
ejsice-5084	141	36	accounting	accounting	NOUN
ejsice-5084	141	37	performance	performance	NOUN
ejsice-5084	141	38	(	(	PUNCT
ejsice-5084	141	39	roa	roa	NOUN
ejsice-5084	141	40	)	)	PUNCT
ejsice-5084	141	41	(	(	PUNCT
ejsice-5084	141	42	with	with	ADP
ejsice-5084	141	43	a	a	DET
ejsice-5084	141	44	1	1	NUM
ejsice-5084	141	45	%	%	NOUN
ejsice-5084	141	46	threshold	threshold	NOUN
ejsice-5084	141	47	)	)	PUNCT
ejsice-5084	141	48	.	.	PUNCT
ejsice-5084	142	1	their	their	PRON
ejsice-5084	142	2	results	result	NOUN
ejsice-5084	142	3	are	be	AUX
ejsice-5084	142	4	also	also	ADV
ejsice-5084	142	5	consistent	consistent	ADJ
ejsice-5084	142	6	with	with	ADP
ejsice-5084	142	7	those	those	PRON
ejsice-5084	142	8	of	of	ADP
ejsice-5084	142	9	cameron	cameron	PROPN
ejsice-5084	142	10	and	and	CCONJ
ejsice-5084	142	11	whitten	whitten	PROPN
ejsice-5084	142	12	(	(	PUNCT
ejsice-5084	142	13	1981	1981	NUM
ejsice-5084	142	14	)	)	PUNCT
ejsice-5084	142	15	.	.	PUNCT
ejsice-5084	143	1	shortly	shortly	ADV
ejsice-5084	143	2	,	,	PUNCT
ejsice-5084	143	3	using	use	VERB
ejsice-5084	143	4	the	the	DET
ejsice-5084	143	5	total	total	ADJ
ejsice-5084	143	6	sample	sample	NOUN
ejsice-5084	143	7	and	and	CCONJ
ejsice-5084	143	8	the	the	DET
ejsice-5084	143	9	overall	overall	ADJ
ejsice-5084	143	10	governance	governance	NOUN
ejsice-5084	143	11	index	index	NOUN
ejsice-5084	143	12	can	can	AUX
ejsice-5084	143	13	confirm	confirm	VERB
ejsice-5084	143	14	our	our	PRON
ejsice-5084	143	15	general	general	ADJ
ejsice-5084	143	16	assumptions	assumption	NOUN
ejsice-5084	143	17	about	about	ADP
ejsice-5084	143	18	the	the	DET
ejsice-5084	143	19	impact	impact	NOUN
ejsice-5084	143	20	of	of	ADP
ejsice-5084	143	21	governance	governance	NOUN
ejsice-5084	143	22	on	on	ADP
ejsice-5084	143	23	performance	performance	NOUN
ejsice-5084	143	24	.	.	PUNCT
ejsice-5084	144	1	therefore	therefore	ADV
ejsice-5084	144	2	,	,	PUNCT
ejsice-5084	144	3	the	the	DET
ejsice-5084	144	4	breakdown	breakdown	NOUN
ejsice-5084	144	5	of	of	ADP
ejsice-5084	144	6	governance	governance	NOUN
ejsice-5084	144	7	indicators	indicator	NOUN
ejsice-5084	144	8	will	will	AUX
ejsice-5084	144	9	allow	allow	VERB
ejsice-5084	144	10	us	we	PRON
ejsice-5084	144	11	to	to	PART
ejsice-5084	144	12	test	test	VERB
ejsice-5084	144	13	the	the	DET
ejsice-5084	144	14	effectiveness	effectiveness	NOUN
ejsice-5084	144	15	of	of	ADP
ejsice-5084	144	16	each	each	DET
ejsice-5084	144	17	governance	governance	NOUN
ejsice-5084	144	18	sub	sub	NOUN
ejsice-5084	144	19	-	-	NOUN
ejsice-5084	144	20	index	index	NOUN
ejsice-5084	144	21	that	that	PRON
ejsice-5084	144	22	is	be	AUX
ejsice-5084	144	23	evaluated	evaluate	VERB
ejsice-5084	144	24	against	against	ADP
ejsice-5084	144	25	these	these	DET
ejsice-5084	144	26	two	two	NUM
ejsice-5084	144	27	performance	performance	NOUN
ejsice-5084	144	28	indicators	indicator	NOUN
ejsice-5084	144	29	.	.	PUNCT
ejsice-5084	145	1	for	for	ADP
ejsice-5084	145	2	model	model	NOUN
ejsice-5084	145	3	3	3	NUM
ejsice-5084	145	4	and	and	CCONJ
ejsice-5084	145	5	4	4	NUM
ejsice-5084	145	6	in	in	ADP
ejsice-5084	145	7	both	both	DET
ejsice-5084	145	8	models	model	NOUN
ejsice-5084	145	9	,	,	PUNCT
ejsice-5084	145	10	the	the	DET
ejsice-5084	145	11	estimated	estimate	VERB
ejsice-5084	145	12	coefficients	coefficient	NOUN
ejsice-5084	145	13	of	of	ADP
ejsice-5084	145	14	variables	variable	NOUN
ejsice-5084	145	15	related	relate	VERB
ejsice-5084	145	16	to	to	ADP
ejsice-5084	145	17	board	board	NOUN
ejsice-5084	145	18	composition	composition	NOUN
ejsice-5084	145	19	are	be	AUX
ejsice-5084	145	20	positive	positive	ADJ
ejsice-5084	145	21	and	and	CCONJ
ejsice-5084	145	22	significant	significant	ADJ
ejsice-5084	145	23	.	.	PUNCT
ejsice-5084	146	1	our	our	PRON
ejsice-5084	146	2	research	research	NOUN
ejsice-5084	146	3	results	result	NOUN
ejsice-5084	146	4	are	be	AUX
ejsice-5084	146	5	consistent	consistent	ADJ
ejsice-5084	146	6	with	with	ADP
ejsice-5084	146	7	the	the	DET
ejsice-5084	146	8	literature	literature	NOUN
ejsice-5084	146	9	review	review	NOUN
ejsice-5084	146	10	we	we	PRON
ejsice-5084	146	11	have	have	AUX
ejsice-5084	146	12	developed	develop	VERB
ejsice-5084	146	13	.	.	PUNCT
ejsice-5084	147	1	the	the	DET
ejsice-5084	147	2	size	size	NOUN
ejsice-5084	147	3	of	of	ADP
ejsice-5084	147	4	the	the	DET
ejsice-5084	147	5	board	board	NOUN
ejsice-5084	147	6	is	be	AUX
ejsice-5084	147	7	also	also	ADV
ejsice-5084	147	8	seen	see	VERB
ejsice-5084	147	9	as	as	ADP
ejsice-5084	147	10	a	a	DET
ejsice-5084	147	11	variable	variable	NOUN
ejsice-5084	147	12	that	that	PRON
ejsice-5084	147	13	may	may	AUX
ejsice-5084	147	14	have	have	VERB
ejsice-5084	147	15	a	a	DET
ejsice-5084	147	16	significant	significant	ADJ
ejsice-5084	147	17	impact	impact	NOUN
ejsice-5084	147	18	on	on	ADP
ejsice-5084	147	19	its	its	PRON
ejsice-5084	147	20	effectiveness	effectiveness	NOUN
ejsice-5084	147	21	(	(	PUNCT
ejsice-5084	147	22	widodo	widodo	PROPN
ejsice-5084	147	23	,	,	PUNCT
ejsice-5084	147	24	d.	d.	PROPN
ejsice-5084	147	25	s.	s.	PROPN
ejsice-5084	147	26	,	,	PUNCT
ejsice-5084	147	27	silitonga	silitonga	ADV
ejsice-5084	147	28	,	,	PUNCT
ejsice-5084	147	29	p.	p.	PROPN
ejsice-5084	147	30	,	,	PUNCT
ejsice-5084	147	31	&	&	CCONJ
ejsice-5084	147	32	ali	ali	PROPN
ejsice-5084	147	33	,	,	PUNCT
ejsice-5084	147	34	h.	h.	PROPN
ejsice-5084	147	35	(	(	PUNCT
ejsice-5084	147	36	2020	2020	NUM
ejsice-5084	147	37	)	)	PUNCT
ejsice-5084	147	38	,	,	PUNCT
ejsice-5084	147	39	p.	p.	PROPN
ejsice-5084	147	40	andré	andré	PROPN
ejsice-5084	147	41	and	and	CCONJ
ejsice-5084	147	42	e.	e.	PROPN
ejsice-5084	147	43	schiehll	schiehll	PROPN
ejsice-5084	147	44	(	(	PUNCT
ejsice-5084	147	45	2004	2004	NUM
ejsice-5084	147	46	)	)	PUNCT
ejsice-5084	147	47	and	and	CCONJ
ejsice-5084	147	48	al	al	PROPN
ejsice-5084	147	49	-	-	PUNCT
ejsice-5084	147	50	gamrh	gamrh	ADJ
ejsice-5084	147	51	,	,	PUNCT
ejsice-5084	147	52	b.	b.	PROPN
ejsice-5084	147	53	,	,	PUNCT
ejsice-5084	147	54	ismail	ismail	PROPN
ejsice-5084	147	55	,	,	PUNCT
ejsice-5084	147	56	k.	k.	PROPN
ejsice-5084	147	57	n.	n.	PROPN
ejsice-5084	147	58	i.	i.	PROPN
ejsice-5084	147	59	k.	k.	PROPN
ejsice-5084	147	60	,	,	PUNCT
ejsice-5084	147	61	ahsan	ahsan	PROPN
ejsice-5084	147	62	,	,	PUNCT
ejsice-5084	147	63	t.	t.	PROPN
ejsice-5084	147	64	,	,	PUNCT
ejsice-5084	147	65	&	&	CCONJ
ejsice-5084	147	66	alquhaif	alquhaif	NOUN
ejsice-5084	147	67	,	,	PUNCT
ejsice-5084	147	68	a.	a.	NOUN
ejsice-5084	147	69	(	(	PUNCT
ejsice-5084	147	70	2020	2020	NUM
ejsice-5084	147	71	)	)	PUNCT
ejsice-5084	147	72	)	)	PUNCT
ejsice-5084	147	73	.	.	PUNCT
ejsice-5084	148	1	as	as	ADP
ejsice-5084	148	2	for	for	ADP
ejsice-5084	148	3	the	the	DET
ejsice-5084	148	4	variable	variable	ADJ
ejsice-5084	148	5	"	"	PUNCT
ejsice-5084	148	6	shareholding	shareholding	NOUN
ejsice-5084	148	7	and	and	CCONJ
ejsice-5084	148	8	compensation	compensation	NOUN
ejsice-5084	148	9	"	"	PUNCT
ejsice-5084	148	10	,	,	PUNCT
ejsice-5084	148	11	the	the	DET
ejsice-5084	148	12	results	result	NOUN
ejsice-5084	148	13	showed	show	VERB
ejsice-5084	148	14	a	a	DET
ejsice-5084	148	15	positive	positive	ADJ
ejsice-5084	148	16	and	and	CCONJ
ejsice-5084	148	17	significant	significant	ADJ
ejsice-5084	148	18	impact	impact	NOUN
ejsice-5084	148	19	on	on	ADP
ejsice-5084	148	20	the	the	DET
ejsice-5084	148	21	economic	economic	ADJ
ejsice-5084	148	22	performance	performance	NOUN
ejsice-5084	148	23	of	of	ADP
ejsice-5084	148	24	tunisian	tunisian	ADJ
ejsice-5084	148	25	companies	company	NOUN
ejsice-5084	148	26	.	.	PUNCT
ejsice-5084	149	1	this	this	DET
ejsice-5084	149	2	result	result	NOUN
ejsice-5084	149	3	is	be	AUX
ejsice-5084	149	4	consistent	consistent	ADJ
ejsice-5084	149	5	with	with	ADP
ejsice-5084	149	6	the	the	DET
ejsice-5084	149	7	results	result	NOUN
ejsice-5084	149	8	observed	observe	VERB
ejsice-5084	149	9	by	by	ADP
ejsice-5084	149	10	widodo	widodo	PROPN
ejsice-5084	149	11	,	,	PUNCT
ejsice-5084	149	12	d.	d.	PROPN
ejsice-5084	149	13	s.	s.	PROPN
ejsice-5084	149	14	,	,	PUNCT
ejsice-5084	149	15	silitonga	silitonga	ADV
ejsice-5084	149	16	,	,	PUNCT
ejsice-5084	149	17	p.	p.	PROPN
ejsice-5084	149	18	,	,	PUNCT
ejsice-5084	149	19	&	&	CCONJ
ejsice-5084	149	20	ali	ali	PROPN
ejsice-5084	149	21	,	,	PUNCT
ejsice-5084	149	22	h.	h.	PROPN
ejsice-5084	149	23	(	(	PUNCT
ejsice-5084	149	24	2020	2020	NUM
ejsice-5084	149	25	)	)	PUNCT
ejsice-5084	149	26	,	,	PUNCT
ejsice-5084	149	27	hergli	hergli	PROPN
ejsice-5084	149	28	et	et	PROPN
ejsice-5084	149	29	al	al	PROPN
ejsice-5084	149	30	.	.	PROPN
ejsice-5084	150	1	(	(	PUNCT
ejsice-5084	150	2	2007	2007	NUM
ejsice-5084	150	3	)	)	PUNCT
ejsice-5084	150	4	and	and	CCONJ
ejsice-5084	150	5	p.	p.	NOUN
ejsice-5084	150	6	biancone	biancone	NOUN
ejsice-5084	150	7	,	,	PUNCT
ejsice-5084	150	8	s	s	NOUN
ejsice-5084	150	9	secinaro	secinaro	NOUN
ejsice-5084	150	10	,	,	PUNCT
ejsice-5084	150	11	v	v	ADP
ejsice-5084	150	12	brescia	brescia	PROPN
ejsice-5084	150	13	(	(	PUNCT
ejsice-5084	150	14	2018	2018	NUM
ejsice-5084	150	15	)	)	PUNCT
ejsice-5084	150	16	,	,	PUNCT
ejsice-5084	150	17	who	who	PRON
ejsice-5084	150	18	argued	argue	VERB
ejsice-5084	150	19	that	that	SCONJ
ejsice-5084	150	20	moderate	moderate	ADJ
ejsice-5084	150	21	executive	executive	NOUN
ejsice-5084	150	22	compensation	compensation	NOUN
ejsice-5084	150	23	related	relate	VERB
ejsice-5084	150	24	to	to	ADP
ejsice-5084	150	25	company	company	NOUN
ejsice-5084	150	26	performance	performance	NOUN
ejsice-5084	150	27	(	(	PUNCT
ejsice-5084	150	28	accounting	accounting	NOUN
ejsice-5084	150	29	or	or	CCONJ
ejsice-5084	150	30	market	market	NOUN
ejsice-5084	150	31	value	value	NOUN
ejsice-5084	150	32	related	relate	VERB
ejsice-5084	150	33	)	)	PUNCT
ejsice-5084	150	34	is	be	AUX
ejsice-5084	150	35	a	a	DET
ejsice-5084	150	36	factor	factor	NOUN
ejsice-5084	150	37	that	that	PRON
ejsice-5084	150	38	has	have	VERB
ejsice-5084	150	39	a	a	DET
ejsice-5084	150	40	positive	positive	ADJ
ejsice-5084	150	41	impact	impact	NOUN
ejsice-5084	150	42	on	on	ADP
ejsice-5084	150	43	company	company	NOUN
ejsice-5084	150	44	value	value	NOUN
ejsice-5084	150	45	.	.	PUNCT
ejsice-5084	151	1	regarding	regard	VERB
ejsice-5084	151	2	to	to	ADP
ejsice-5084	151	3	the	the	DET
ejsice-5084	151	4	variable	variable	ADJ
ejsice-5084	151	5	"	"	PUNCT
ejsice-5084	151	6	shareholder	shareholder	NOUN
ejsice-5084	151	7	rights	right	NOUN
ejsice-5084	151	8	"	"	PUNCT
ejsice-5084	151	9	,	,	PUNCT
ejsice-5084	151	10	the	the	DET
ejsice-5084	151	11	results	result	NOUN
ejsice-5084	151	12	show	show	VERB
ejsice-5084	151	13	that	that	SCONJ
ejsice-5084	151	14	it	it	PRON
ejsice-5084	151	15	has	have	VERB
ejsice-5084	151	16	a	a	DET
ejsice-5084	151	17	positive	positive	ADJ
ejsice-5084	151	18	and	and	CCONJ
ejsice-5084	151	19	significant	significant	ADJ
ejsice-5084	151	20	impact	impact	NOUN
ejsice-5084	151	21	on	on	ADP
ejsice-5084	151	22	the	the	DET
ejsice-5084	151	23	economic	economic	ADJ
ejsice-5084	151	24	performance	performance	NOUN
ejsice-5084	151	25	of	of	ADP
ejsice-5084	151	26	tunisian	tunisian	ADJ
ejsice-5084	151	27	companies	company	NOUN
ejsice-5084	151	28	.	.	PUNCT
ejsice-5084	152	1	http://www.ojs.unito.it/index.php/ejsice/index	http://www.ojs.unito.it/index.php/ejsice/index	PROPN
ejsice-5084	152	2	european	european	PROPN
ejsice-5084	152	3	journal	journal	PROPN
ejsice-5084	152	4	of	of	ADP
ejsice-5084	152	5	social	social	ADJ
ejsice-5084	152	6	impact	impact	NOUN
ejsice-5084	152	7	and	and	CCONJ
ejsice-5084	152	8	circular	circular	ADJ
ejsice-5084	152	9	economy	economy	NOUN
ejsice-5084	152	10	issn	issn	NOUN
ejsice-5084	152	11	:	:	PUNCT
ejsice-5084	152	12	2704	2704	NUM
ejsice-5084	152	13	-	-	SYM
ejsice-5084	152	14	9906	9906	NUM
ejsice-5084	152	15	doi:10.13135/2704	doi:10.13135/2704	NOUN
ejsice-5084	152	16	-	-	PUNCT
ejsice-5084	152	17	9906/5084	9906/5084	NUM
ejsice-5084	152	18	published	publish	VERB
ejsice-5084	152	19	by	by	ADP
ejsice-5084	152	20	university	university	PROPN
ejsice-5084	152	21	of	of	ADP
ejsice-5084	152	22	turin	turin	PROPN
ejsice-5084	152	23	http://www.ojs.unito.it/index.php/ejsice/index	http://www.ojs.unito.it/index.php/ejsice/index	PROPN
ejsice-5084	152	24	ejsice	ejsice	PROPN
ejsice-5084	152	25	content	content	NOUN
ejsice-5084	152	26	is	be	AUX
ejsice-5084	152	27	licensed	license	VERB
ejsice-5084	152	28	under	under	ADP
ejsice-5084	152	29	a	a	DET
ejsice-5084	152	30	creative	creative	ADJ
ejsice-5084	152	31	commons	common	NOUN
ejsice-5084	152	32	attribution	attribution	NOUN
ejsice-5084	152	33	4.0	4.0	NUM
ejsice-5084	152	34	internationallicense	internationallicense	NOUN
ejsice-5084	152	35	13	13	NUM
ejsice-5084	152	36	this	this	DET
ejsice-5084	152	37	result	result	NOUN
ejsice-5084	152	38	is	be	AUX
ejsice-5084	152	39	consistent	consistent	ADJ
ejsice-5084	152	40	with	with	ADP
ejsice-5084	152	41	the	the	DET
ejsice-5084	152	42	results	result	NOUN
ejsice-5084	152	43	found	find	VERB
ejsice-5084	152	44	by	by	ADP
ejsice-5084	152	45	coffey	coffey	PROPN
ejsice-5084	152	46	,	,	PUNCT
ejsice-5084	152	47	b.	b.	PROPN
ejsice-5084	152	48	,	,	PUNCT
ejsice-5084	152	49	bush	bush	PROPN
ejsice-5084	152	50	,	,	PUNCT
ejsice-5084	152	51	j.	j.	PROPN
ejsice-5084	152	52	,	,	PUNCT
ejsice-5084	152	53	mumaw	mumaw	PROPN
ejsice-5084	152	54	,	,	PUNCT
ejsice-5084	152	55	l.	l.	PROPN
ejsice-5084	152	56	,	,	PUNCT
ejsice-5084	152	57	de	de	PROPN
ejsice-5084	152	58	kleyn	kleyn	PROPN
ejsice-5084	152	59	,	,	PUNCT
ejsice-5084	152	60	l.	l.	PROPN
ejsice-5084	152	61	,	,	PUNCT
ejsice-5084	152	62	furlong	furlong	ADJ
ejsice-5084	152	63	,	,	PUNCT
ejsice-5084	152	64	c.	c.	PROPN
ejsice-5084	152	65	,	,	PUNCT
ejsice-5084	152	66	&	&	CCONJ
ejsice-5084	152	67	cretney	cretney	PROPN
ejsice-5084	152	68	,	,	PUNCT
ejsice-5084	152	69	r.	r.	PROPN
ejsice-5084	152	70	(	(	PUNCT
ejsice-5084	152	71	2020	2020	NUM
ejsice-5084	152	72	)	)	PUNCT
ejsice-5084	152	73	and	and	CCONJ
ejsice-5084	152	74	gompers	gomper	NOUN
ejsice-5084	152	75	,	,	PUNCT
ejsice-5084	152	76	ischii	ischii	ADJ
ejsice-5084	152	77	,	,	PUNCT
ejsice-5084	152	78	and	and	CCONJ
ejsice-5084	152	79	metrick	metrick	ADJ
ejsice-5084	152	80	(	(	PUNCT
ejsice-5084	152	81	2003	2003	NUM
ejsice-5084	152	82	)	)	PUNCT
ejsice-5084	152	83	,	,	PUNCT
ejsice-5084	152	84	which	which	PRON
ejsice-5084	152	85	indicate	indicate	VERB
ejsice-5084	152	86	that	that	SCONJ
ejsice-5084	152	87	the	the	DET
ejsice-5084	152	88	company	company	NOUN
ejsice-5084	152	89	with	with	ADP
ejsice-5084	152	90	the	the	DET
ejsice-5084	152	91	strongest	strong	ADJ
ejsice-5084	152	92	shareholder	shareholder	NOUN
ejsice-5084	152	93	rights	right	NOUN
ejsice-5084	152	94	has	have	VERB
ejsice-5084	152	95	greater	great	ADJ
ejsice-5084	152	96	value	value	NOUN
ejsice-5084	152	97	,	,	PUNCT
ejsice-5084	152	98	higher	high	ADJ
ejsice-5084	152	99	profits	profit	NOUN
ejsice-5084	152	100	,	,	PUNCT
ejsice-5084	152	101	and	and	CCONJ
ejsice-5084	152	102	stronger	strong	ADJ
ejsice-5084	152	103	sales	sale	NOUN
ejsice-5084	152	104	growth	growth	NOUN
ejsice-5084	152	105	.	.	PUNCT
ejsice-5084	153	1	as	as	ADP
ejsice-5084	153	2	for	for	ADP
ejsice-5084	153	3	the	the	DET
ejsice-5084	153	4	effect	effect	NOUN
ejsice-5084	153	5	of	of	ADP
ejsice-5084	153	6	the	the	DET
ejsice-5084	153	7	variable	variable	ADJ
ejsice-5084	153	8	"	"	PUNCT
ejsice-5084	153	9	information	information	NOUN
ejsice-5084	153	10	disclosure	disclosure	NOUN
ejsice-5084	153	11	"	"	PUNCT
ejsice-5084	153	12	on	on	ADP
ejsice-5084	153	13	the	the	DET
ejsice-5084	153	14	performance	performance	NOUN
ejsice-5084	153	15	of	of	ADP
ejsice-5084	153	16	companies	company	NOUN
ejsice-5084	153	17	,	,	PUNCT
ejsice-5084	153	18	the	the	DET
ejsice-5084	153	19	results	result	NOUN
ejsice-5084	153	20	reveal	reveal	VERB
ejsice-5084	153	21	a	a	DET
ejsice-5084	153	22	positive	positive	ADJ
ejsice-5084	153	23	and	and	CCONJ
ejsice-5084	153	24	significant	significant	ADJ
ejsice-5084	153	25	impact	impact	NOUN
ejsice-5084	153	26	on	on	ADP
ejsice-5084	153	27	the	the	DET
ejsice-5084	153	28	economic	economic	ADJ
ejsice-5084	153	29	performance	performance	NOUN
ejsice-5084	153	30	of	of	ADP
ejsice-5084	153	31	tunisian	tunisian	ADJ
ejsice-5084	153	32	companies	company	NOUN
ejsice-5084	153	33	.	.	PUNCT
ejsice-5084	154	1	this	this	DET
ejsice-5084	154	2	result	result	NOUN
ejsice-5084	154	3	is	be	AUX
ejsice-5084	154	4	consistent	consistent	ADJ
ejsice-5084	154	5	with	with	ADP
ejsice-5084	154	6	the	the	DET
ejsice-5084	154	7	results	result	NOUN
ejsice-5084	154	8	observed	observe	VERB
ejsice-5084	154	9	by	by	ADP
ejsice-5084	154	10	r.	r.	PROPN
ejsice-5084	154	11	bauer	bauer	PROPN
ejsice-5084	154	12	and	and	CCONJ
ejsice-5084	154	13	al	al	PROPN
ejsice-5084	154	14	(	(	PUNCT
ejsice-5084	154	15	2008	2008	NUM
ejsice-5084	154	16	)	)	PUNCT
ejsice-5084	154	17	,	,	PUNCT
ejsice-5084	154	18	in	in	ADP
ejsice-5084	154	19	the	the	DET
ejsice-5084	154	20	japanese	japanese	ADJ
ejsice-5084	154	21	context	context	NOUN
ejsice-5084	154	22	,	,	PUNCT
ejsice-5084	154	23	who	who	PRON
ejsice-5084	154	24	found	find	VERB
ejsice-5084	154	25	that	that	SCONJ
ejsice-5084	154	26	information	information	NOUN
ejsice-5084	154	27	disclosure	disclosure	NOUN
ejsice-5084	154	28	is	be	AUX
ejsice-5084	154	29	one	one	NUM
ejsice-5084	154	30	of	of	ADP
ejsice-5084	154	31	the	the	DET
ejsice-5084	154	32	most	most	ADV
ejsice-5084	154	33	determining	determine	VERB
ejsice-5084	154	34	factors	factor	NOUN
ejsice-5084	154	35	of	of	ADP
ejsice-5084	154	36	performance	performance	NOUN
ejsice-5084	154	37	.	.	PUNCT
ejsice-5084	155	1	the	the	DET
ejsice-5084	155	2	total	total	ADJ
ejsice-5084	155	3	assets	asset	NOUN
ejsice-5084	155	4	variable	variable	NOUN
ejsice-5084	155	5	(	(	PUNCT
ejsice-5084	155	6	t	t	NOUN
ejsice-5084	155	7	)	)	PUNCT
ejsice-5084	155	8	is	be	AUX
ejsice-5084	155	9	positive	positive	ADJ
ejsice-5084	155	10	and	and	CCONJ
ejsice-5084	155	11	significant	significant	ADJ
ejsice-5084	155	12	in	in	ADP
ejsice-5084	155	13	the	the	DET
ejsice-5084	155	14	two	two	NUM
ejsice-5084	155	15	equations	equation	NOUN
ejsice-5084	155	16	that	that	SCONJ
ejsice-5084	155	17	using	use	VERB
ejsice-5084	155	18	roe	roe	NOUN
ejsice-5084	155	19	(	(	PUNCT
ejsice-5084	155	20	5.522	5.522	NUM
ejsice-5084	155	21	*	*	PUNCT
ejsice-5084	155	22	*	*	PUNCT
ejsice-5084	155	23	*	*	PUNCT
ejsice-5084	155	24	)	)	PUNCT
ejsice-5084	155	25	and	and	CCONJ
ejsice-5084	155	26	roa	roa	PROPN
ejsice-5084	155	27	(	(	PUNCT
ejsice-5084	155	28	4.225	4.225	NUM
ejsice-5084	155	29	*	*	PUNCT
ejsice-5084	155	30	*	*	PUNCT
ejsice-5084	155	31	)	)	PUNCT
ejsice-5084	155	32	.	.	PUNCT
ejsice-5084	156	1	this	this	PRON
ejsice-5084	156	2	is	be	AUX
ejsice-5084	156	3	consistent	consistent	ADJ
ejsice-5084	156	4	with	with	ADP
ejsice-5084	156	5	our	our	PRON
ejsice-5084	156	6	assumption	assumption	NOUN
ejsice-5084	156	7	that	that	DET
ejsice-5084	156	8	size	size	NOUN
ejsice-5084	156	9	has	have	VERB
ejsice-5084	156	10	a	a	DET
ejsice-5084	156	11	positive	positive	ADJ
ejsice-5084	156	12	effect	effect	NOUN
ejsice-5084	156	13	on	on	ADP
ejsice-5084	156	14	financial	financial	ADJ
ejsice-5084	156	15	performance	performance	NOUN
ejsice-5084	156	16	.	.	PUNCT
ejsice-5084	157	1	the	the	DET
ejsice-5084	157	2	age	age	NOUN
ejsice-5084	157	3	variable	variable	NOUN
ejsice-5084	157	4	is	be	AUX
ejsice-5084	157	5	not	not	PART
ejsice-5084	157	6	important	important	ADJ
ejsice-5084	157	7	for	for	ADP
ejsice-5084	157	8	financial	financial	ADJ
ejsice-5084	157	9	performance	performance	NOUN
ejsice-5084	157	10	indicators	indicator	NOUN
ejsice-5084	157	11	(	(	PUNCT
ejsice-5084	157	12	roe	roe	NOUN
ejsice-5084	157	13	is	be	AUX
ejsice-5084	157	14	0.005	0.005	NUM
ejsice-5084	157	15	,	,	PUNCT
ejsice-5084	157	16	roa	roa	PROPN
ejsice-5084	157	17	is	be	AUX
ejsice-5084	157	18	0.0065	0.0065	NUM
ejsice-5084	157	19	)	)	PUNCT
ejsice-5084	157	20	.	.	PUNCT
ejsice-5084	158	1	6	6	X
ejsice-5084	158	2	.	.	X
ejsice-5084	158	3	conclusion	conclusion	NOUN
ejsice-5084	158	4	to	to	PART
ejsice-5084	158	5	conclude	conclude	VERB
ejsice-5084	158	6	this	this	DET
ejsice-5084	158	7	research	research	NOUN
ejsice-5084	158	8	aims	aim	VERB
ejsice-5084	158	9	to	to	PART
ejsice-5084	158	10	study	study	VERB
ejsice-5084	158	11	the	the	DET
ejsice-5084	158	12	relationship	relationship	NOUN
ejsice-5084	158	13	between	between	ADP
ejsice-5084	158	14	corporate	corporate	ADJ
ejsice-5084	158	15	governance	governance	NOUN
ejsice-5084	158	16	and	and	CCONJ
ejsice-5084	158	17	performance	performance	NOUN
ejsice-5084	158	18	in	in	ADP
ejsice-5084	158	19	tunisia.it	tunisia.it	PRON
ejsice-5084	158	20	aimed	aim	VERB
ejsice-5084	158	21	also	also	ADV
ejsice-5084	158	22	to	to	PART
ejsice-5084	158	23	determine	determine	VERB
ejsice-5084	158	24	corporate	corporate	ADJ
ejsice-5084	158	25	governance	governance	NOUN
ejsice-5084	158	26	practices	practice	NOUN
ejsice-5084	158	27	in	in	ADP
ejsice-5084	158	28	the	the	DET
ejsice-5084	158	29	algerian	algerian	ADJ
ejsice-5084	158	30	context	context	NOUN
ejsice-5084	158	31	based	base	VERB
ejsice-5084	158	32	on	on	ADP
ejsice-5084	158	33	the	the	DET
ejsice-5084	158	34	criterion	criterion	NOUN
ejsice-5084	158	35	of	of	ADP
ejsice-5084	158	36	performance.we	performance.we	NOUN
ejsice-5084	158	37	tried	try	VERB
ejsice-5084	158	38	to	to	PART
ejsice-5084	158	39	take	take	VERB
ejsice-5084	158	40	a	a	DET
ejsice-5084	158	41	critical	critical	ADJ
ejsice-5084	158	42	look	look	NOUN
ejsice-5084	158	43	at	at	ADP
ejsice-5084	158	44	the	the	DET
ejsice-5084	158	45	quality	quality	NOUN
ejsice-5084	158	46	of	of	ADP
ejsice-5084	158	47	corporate	corporate	ADJ
ejsice-5084	158	48	governance	governance	NOUN
ejsice-5084	158	49	while	while	SCONJ
ejsice-5084	158	50	analyzing	analyze	VERB
ejsice-5084	158	51	the	the	DET
ejsice-5084	158	52	impact	impact	NOUN
ejsice-5084	158	53	of	of	ADP
ejsice-5084	158	54	the	the	DET
ejsice-5084	158	55	governance	governance	NOUN
ejsice-5084	158	56	index	index	NOUN
ejsice-5084	158	57	on	on	ADP
ejsice-5084	158	58	performance	performance	NOUN
ejsice-5084	158	59	to	to	PART
ejsice-5084	158	60	verify	verify	VERB
ejsice-5084	158	61	whether	whether	SCONJ
ejsice-5084	158	62	governance	governance	NOUN
ejsice-5084	158	63	really	really	ADV
ejsice-5084	158	64	has	have	VERB
ejsice-5084	158	65	an	an	DET
ejsice-5084	158	66	effect	effect	NOUN
ejsice-5084	158	67	on	on	ADP
ejsice-5084	158	68	performance.indeed	performance.indeed	NOUN
ejsice-5084	158	69	,	,	PUNCT
ejsice-5084	158	70	the	the	DET
ejsice-5084	158	71	analysis	analysis	NOUN
ejsice-5084	158	72	of	of	ADP
ejsice-5084	158	73	this	this	DET
ejsice-5084	158	74	relationship	relationship	NOUN
ejsice-5084	158	75	is	be	AUX
ejsice-5084	158	76	based	base	VERB
ejsice-5084	158	77	on	on	ADP
ejsice-5084	158	78	the	the	DET
ejsice-5084	158	79	implementation	implementation	NOUN
ejsice-5084	158	80	and	and	CCONJ
ejsice-5084	158	81	study	study	NOUN
ejsice-5084	158	82	of	of	ADP
ejsice-5084	158	83	several	several	ADJ
ejsice-5084	158	84	statistical	statistical	ADJ
ejsice-5084	158	85	tests	test	NOUN
ejsice-5084	158	86	as	as	ADV
ejsice-5084	158	87	well	well	ADV
ejsice-5084	158	88	as	as	ADP
ejsice-5084	158	89	the	the	DET
ejsice-5084	158	90	use	use	NOUN
ejsice-5084	158	91	of	of	ADP
ejsice-5084	158	92	multiple	multiple	ADJ
ejsice-5084	158	93	linear	linear	ADJ
ejsice-5084	158	94	regressions	regression	NOUN
ejsice-5084	158	95	the	the	DET
ejsice-5084	158	96	first	first	ADJ
ejsice-5084	158	97	contribution	contribution	NOUN
ejsice-5084	158	98	of	of	ADP
ejsice-5084	158	99	this	this	DET
ejsice-5084	158	100	study	study	NOUN
ejsice-5084	158	101	to	to	ADP
ejsice-5084	158	102	the	the	DET
ejsice-5084	158	103	scientific	scientific	ADJ
ejsice-5084	158	104	literature	literature	NOUN
ejsice-5084	158	105	is	be	AUX
ejsice-5084	158	106	a	a	DET
ejsice-5084	158	107	complete	complete	ADJ
ejsice-5084	158	108	and	and	CCONJ
ejsice-5084	158	109	well	well	ADV
ejsice-5084	158	110	-	-	PUNCT
ejsice-5084	158	111	argued	argue	VERB
ejsice-5084	158	112	econometric	econometric	ADJ
ejsice-5084	158	113	analysis	analysis	NOUN
ejsice-5084	158	114	of	of	ADP
ejsice-5084	158	115	the	the	DET
ejsice-5084	158	116	existing	exist	VERB
ejsice-5084	158	117	relationship	relationship	NOUN
ejsice-5084	158	118	between	between	ADP
ejsice-5084	158	119	governance	governance	NOUN
ejsice-5084	158	120	and	and	CCONJ
ejsice-5084	158	121	performance.the	performance.the	DET
ejsice-5084	158	122	analysis	analysis	NOUN
ejsice-5084	158	123	of	of	ADP
ejsice-5084	158	124	this	this	DET
ejsice-5084	158	125	relationship	relationship	NOUN
ejsice-5084	158	126	relies	rely	VERB
ejsice-5084	158	127	on	on	ADP
ejsice-5084	158	128	the	the	DET
ejsice-5084	158	129	implementation	implementation	NOUN
ejsice-5084	158	130	and	and	CCONJ
ejsice-5084	158	131	study	study	NOUN
ejsice-5084	158	132	of	of	ADP
ejsice-5084	158	133	several	several	ADJ
ejsice-5084	158	134	statistical	statistical	ADJ
ejsice-5084	158	135	tests	test	NOUN
ejsice-5084	158	136	as	as	ADV
ejsice-5084	158	137	well	well	ADV
ejsice-5084	158	138	as	as	ADP
ejsice-5084	158	139	the	the	DET
ejsice-5084	158	140	multiple	multiple	ADJ
ejsice-5084	158	141	linear	linear	ADJ
ejsice-5084	158	142	regressions.the	regressions.the	DET
ejsice-5084	158	143	results	result	NOUN
ejsice-5084	158	144	of	of	ADP
ejsice-5084	158	145	econometric	econometric	ADJ
ejsice-5084	158	146	tests	test	NOUN
ejsice-5084	158	147	confirm	confirm	VERB
ejsice-5084	158	148	the	the	DET
ejsice-5084	158	149	theories	theory	NOUN
ejsice-5084	158	150	.	.	PUNCT
ejsice-5084	159	1	moreover	moreover	ADV
ejsice-5084	159	2	,	,	PUNCT
ejsice-5084	159	3	this	this	DET
ejsice-5084	159	4	study	study	NOUN
ejsice-5084	159	5	finds	find	VERB
ejsice-5084	159	6	a	a	DET
ejsice-5084	159	7	significant	significant	ADJ
ejsice-5084	159	8	relationship	relationship	NOUN
ejsice-5084	159	9	between	between	ADP
ejsice-5084	159	10	the	the	DET
ejsice-5084	159	11	governance	governance	NOUN
ejsice-5084	159	12	index	index	NOUN
ejsice-5084	159	13	,	,	PUNCT
ejsice-5084	159	14	total	total	ADJ
ejsice-5084	159	15	assets	asset	NOUN
ejsice-5084	159	16	and	and	CCONJ
ejsice-5084	159	17	economic	economic	ADJ
ejsice-5084	159	18	and	and	CCONJ
ejsice-5084	159	19	financial	financial	ADJ
ejsice-5084	159	20	performance	performance	NOUN
ejsice-5084	159	21	.	.	PUNCT
ejsice-5084	160	1	this	this	DET
ejsice-5084	160	2	study	study	NOUN
ejsice-5084	160	3	has	have	VERB
ejsice-5084	160	4	some	some	DET
ejsice-5084	160	5	gaps	gap	NOUN
ejsice-5084	160	6	that	that	PRON
ejsice-5084	160	7	need	need	VERB
ejsice-5084	160	8	to	to	PART
ejsice-5084	160	9	be	be	AUX
ejsice-5084	160	10	addressed	address	VERB
ejsice-5084	160	11	.	.	PUNCT
ejsice-5084	161	1	the	the	DET
ejsice-5084	161	2	first	first	ADJ
ejsice-5084	161	3	limitation	limitation	NOUN
ejsice-5084	161	4	relates	relate	VERB
ejsice-5084	161	5	to	to	ADP
ejsice-5084	161	6	the	the	DET
ejsice-5084	161	7	relatively	relatively	ADV
ejsice-5084	161	8	small	small	ADJ
ejsice-5084	161	9	size	size	NOUN
ejsice-5084	161	10	of	of	ADP
ejsice-5084	161	11	our	our	PRON
ejsice-5084	161	12	sample	sample	NOUN
ejsice-5084	161	13	.	.	PUNCT
ejsice-5084	162	1	the	the	DET
ejsice-5084	162	2	second	second	ADJ
ejsice-5084	162	3	limitation	limitation	NOUN
ejsice-5084	162	4	concerns	concern	VERB
ejsice-5084	162	5	the	the	DET
ejsice-5084	162	6	small	small	ADJ
ejsice-5084	162	7	number	number	NOUN
ejsice-5084	162	8	of	of	ADP
ejsice-5084	162	9	factors	factor	NOUN
ejsice-5084	162	10	likely	likely	ADJ
ejsice-5084	162	11	to	to	PART
ejsice-5084	162	12	explain	explain	VERB
ejsice-5084	162	13	the	the	DET
ejsice-5084	162	14	level	level	NOUN
ejsice-5084	162	15	of	of	ADP
ejsice-5084	162	16	performance	performance	NOUN
ejsice-5084	162	17	of	of	ADP
ejsice-5084	162	18	companies.nevertheless	companies.nevertheless	NOUN
ejsice-5084	162	19	,	,	PUNCT
ejsice-5084	162	20	it	it	PRON
ejsice-5084	162	21	can	can	AUX
ejsice-5084	162	22	be	be	AUX
ejsice-5084	162	23	considered	consider	VERB
ejsice-5084	162	24	as	as	ADP
ejsice-5084	162	25	a	a	DET
ejsice-5084	162	26	starting	starting	NOUN
ejsice-5084	162	27	point	point	NOUN
ejsice-5084	162	28	for	for	ADP
ejsice-5084	162	29	further	further	ADJ
ejsice-5084	162	30	research	research	NOUN
ejsice-5084	162	31	.	.	PUNCT
ejsice-5084	163	1	finally	finally	ADV
ejsice-5084	163	2	,	,	PUNCT
ejsice-5084	163	3	there	there	PRON
ejsice-5084	163	4	is	be	VERB
ejsice-5084	163	5	two	two	NUM
ejsice-5084	163	6	main	main	ADJ
ejsice-5084	163	7	research	research	NOUN
ejsice-5084	163	8	perspectives	perspective	NOUN
ejsice-5084	163	9	can	can	AUX
ejsice-5084	163	10	be	be	AUX
ejsice-5084	163	11	outlined	outline	VERB
ejsice-5084	163	12	.	.	PUNCT
ejsice-5084	164	1	the	the	DET
ejsice-5084	164	2	first	first	ADJ
ejsice-5084	164	3	is	be	AUX
ejsice-5084	164	4	to	to	PART
ejsice-5084	164	5	add	add	VERB
ejsice-5084	164	6	other	other	ADJ
ejsice-5084	164	7	governance	governance	NOUN
ejsice-5084	164	8	variables	variable	NOUN
ejsice-5084	164	9	.	.	PUNCT
ejsice-5084	165	1	the	the	DET
ejsice-5084	165	2	second	second	NOUN
ejsice-5084	165	3	would	would	AUX
ejsice-5084	165	4	be	be	AUX
ejsice-5084	165	5	to	to	PART
ejsice-5084	165	6	carry	carry	VERB
ejsice-5084	165	7	out	out	ADP
ejsice-5084	165	8	a	a	DET
ejsice-5084	165	9	comparison	comparison	NOUN
ejsice-5084	165	10	with	with	ADP
ejsice-5084	165	11	what	what	PRON
ejsice-5084	165	12	is	be	AUX
ejsice-5084	165	13	practiced	practice	VERB
ejsice-5084	165	14	in	in	ADP
ejsice-5084	165	15	other	other	ADJ
ejsice-5084	165	16	countries	country	NOUN
ejsice-5084	165	17	and	and	CCONJ
ejsice-5084	165	18	in	in	ADP
ejsice-5084	165	19	particular	particular	ADJ
ejsice-5084	165	20	emerging	emerge	VERB
ejsice-5084	165	21	countries	country	NOUN
ejsice-5084	165	22	.	.	PUNCT
ejsice-5084	166	1	http://www.ojs.unito.it/index.php/ejsice/index	http://www.ojs.unito.it/index.php/ejsice/index	PROPN
ejsice-5084	166	2	european	european	PROPN
ejsice-5084	166	3	journal	journal	PROPN
ejsice-5084	166	4	of	of	ADP
ejsice-5084	166	5	social	social	ADJ
ejsice-5084	166	6	impact	impact	NOUN
ejsice-5084	166	7	and	and	CCONJ
ejsice-5084	166	8	circular	circular	ADJ
ejsice-5084	166	9	economy	economy	NOUN
ejsice-5084	166	10	issn	issn	NOUN
ejsice-5084	166	11	:	:	PUNCT
ejsice-5084	166	12	2704	2704	NUM
ejsice-5084	166	13	-	-	SYM
ejsice-5084	166	14	9906	9906	NUM
ejsice-5084	166	15	doi:10.13135/2704	doi:10.13135/2704	NOUN
ejsice-5084	166	16	-	-	PUNCT
ejsice-5084	166	17	9906/5084	9906/5084	NUM
ejsice-5084	166	18	published	publish	VERB
ejsice-5084	166	19	by	by	ADP
ejsice-5084	166	20	university	university	PROPN
ejsice-5084	166	21	of	of	ADP
ejsice-5084	166	22	turin	turin	PROPN
ejsice-5084	166	23	http://www.ojs.unito.it/index.php/ejsice/index	http://www.ojs.unito.it/index.php/ejsice/index	PROPN
ejsice-5084	166	24	ejsice	ejsice	PROPN
ejsice-5084	166	25	content	content	NOUN
ejsice-5084	166	26	is	be	AUX
ejsice-5084	166	27	licensed	license	VERB
ejsice-5084	166	28	under	under	ADP
ejsice-5084	166	29	a	a	DET
ejsice-5084	166	30	creative	creative	ADJ
ejsice-5084	166	31	commons	common	NOUN
ejsice-5084	166	32	attribution	attribution	NOUN
ejsice-5084	166	33	4.0	4.0	NUM
ejsice-5084	166	34	internationallicense	internationallicense	NOUN
ejsice-5084	166	35	14	14	NUM
ejsice-5084	166	36	references	reference	NOUN
ejsice-5084	166	37	adjaoud	adjaoud	PROPN
ejsice-5084	166	38	,	,	PUNCT
ejsice-5084	166	39	f.	f.	PROPN
ejsice-5084	166	40	,	,	PUNCT
ejsice-5084	166	41	mamoghli	mamoghli	PROPN
ejsice-5084	166	42	,	,	PUNCT
ejsice-5084	166	43	c.	c.	NOUN
ejsice-5084	166	44	,	,	PUNCT
ejsice-5084	166	45	siala	siala	PROPN
ejsice-5084	166	46	,	,	PUNCT
ejsice-5084	166	47	f.	f.	PROPN
ejsice-5084	166	48	(	(	PUNCT
ejsice-5084	166	49	2007	2007	NUM
ejsice-5084	166	50	)	)	PUNCT
ejsice-5084	166	51	.	.	PUNCT
ejsice-5084	167	1	la	la	PROPN
ejsice-5084	167	2	réputation	réputation	PROPN
ejsice-5084	167	3	de	de	PROPN
ejsice-5084	167	4	l’audit	l’audit	PROPN
ejsice-5084	167	5	externe	externe	PROPN
ejsice-5084	167	6	et	et	PROPN
ejsice-5084	167	7	les	les	PROPN
ejsice-5084	167	8	mécanismes	mécanismes	X
ejsice-5084	167	9	de	de	X
ejsice-5084	167	10	gouvernement	gouvernement	PROPN
ejsice-5084	167	11	d’entreprise	d’entreprise	PROPN
ejsice-5084	167	12	:	:	PUNCT
ejsice-5084	167	13	interactions	interaction	NOUN
ejsice-5084	167	14	et	et	NOUN
ejsice-5084	167	15	effet	effet	X
ejsice-5084	167	16	sur	sur	PROPN
ejsice-5084	167	17	la	la	PROPN
ejsice-5084	167	18	performance	performance	NOUN
ejsice-5084	167	19	.	.	PUNCT
ejsice-5084	168	1	28éme	28éme	PROPN
ejsice-5084	168	2	congrès	congrès	X
ejsice-5084	168	3	de	de	X
ejsice-5084	168	4	l’association	l’association	PROPN
ejsice-5084	168	5	francophone	francophone	NOUN
ejsice-5084	168	6	de	de	X
ejsice-5084	168	7	comptabilité	comptabilité	NOUN
ejsice-5084	168	8	.	.	PUNCT
ejsice-5084	169	1	adjaoud	adjaoud	PROPN
ejsice-5084	169	2	,	,	PUNCT
ejsice-5084	169	3	f.	f.	PROPN
ejsice-5084	169	4	,	,	PUNCT
ejsice-5084	169	5	zeghal	zeghal	NOUN
ejsice-5084	169	6	,	,	PUNCT
ejsice-5084	169	7	d.	d.	PROPN
ejsice-5084	169	8	,	,	PUNCT
ejsice-5084	169	9	andaleeb	andaleeb	PROPN
ejsice-5084	169	10	,	,	PUNCT
ejsice-5084	169	11	s.	s.	PROPN
ejsice-5084	169	12	(	(	PUNCT
ejsice-5084	169	13	2007	2007	NUM
ejsice-5084	169	14	)	)	PUNCT
ejsice-5084	169	15	.	.	PUNCT
ejsice-5084	170	1	the	the	DET
ejsice-5084	170	2	effect	effect	NOUN
ejsice-5084	170	3	of	of	ADP
ejsice-5084	170	4	board	board	NOUN
ejsice-5084	170	5	’s	’s	PART
ejsice-5084	170	6	quality	quality	NOUN
ejsice-5084	170	7	on	on	ADP
ejsice-5084	170	8	performance	performance	NOUN
ejsice-5084	170	9	:	:	PUNCT
ejsice-5084	170	10	a	a	DET
ejsice-5084	170	11	study	study	NOUN
ejsice-5084	170	12	of	of	ADP
ejsice-5084	170	13	canadian	canadian	ADJ
ejsice-5084	170	14	firms	firm	NOUN
ejsice-5084	170	15	.	.	PUNCT
ejsice-5084	171	1	journal	journal	PROPN
ejsice-5084	171	2	compilation	compilation	PROPN
ejsice-5084	171	3	,	,	PUNCT
ejsice-5084	171	4	15(4	15(4	NUM
ejsice-5084	171	5	)	)	PUNCT
ejsice-5084	171	6	.	.	PUNCT
ejsice-5084	172	1	al	al	PROPN
ejsice-5084	172	2	-	-	PUNCT
ejsice-5084	172	3	ahdal	ahdal	PROPN
ejsice-5084	172	4	,	,	PUNCT
ejsice-5084	172	5	w.	w.	PROPN
ejsice-5084	172	6	m.	m.	PROPN
ejsice-5084	172	7	,	,	PUNCT
ejsice-5084	172	8	alsamhi	alsamhi	NOUN
ejsice-5084	172	9	,	,	PUNCT
ejsice-5084	172	10	m.	m.	PROPN
ejsice-5084	172	11	h.	h.	PROPN
ejsice-5084	172	12	,	,	PUNCT
ejsice-5084	172	13	tabash	tabash	PROPN
ejsice-5084	172	14	,	,	PUNCT
ejsice-5084	172	15	m.	m.	NOUN
ejsice-5084	172	16	i.	i.	PROPN
ejsice-5084	172	17	,	,	PUNCT
ejsice-5084	172	18	&	&	CCONJ
ejsice-5084	172	19	farhan	farhan	PROPN
ejsice-5084	172	20	,	,	PUNCT
ejsice-5084	172	21	n.	n.	PROPN
ejsice-5084	172	22	h.	h.	PROPN
ejsice-5084	172	23	(	(	PUNCT
ejsice-5084	172	24	2020	2020	NUM
ejsice-5084	172	25	)	)	PUNCT
ejsice-5084	172	26	.	.	PUNCT
ejsice-5084	173	1	the	the	DET
ejsice-5084	173	2	impact	impact	NOUN
ejsice-5084	173	3	of	of	ADP
ejsice-5084	173	4	corporate	corporate	ADJ
ejsice-5084	173	5	governance	governance	NOUN
ejsice-5084	173	6	on	on	ADP
ejsice-5084	173	7	financial	financial	ADJ
ejsice-5084	173	8	performance	performance	NOUN
ejsice-5084	173	9	of	of	ADP
ejsice-5084	173	10	indian	indian	ADJ
ejsice-5084	173	11	and	and	CCONJ
ejsice-5084	173	12	gcc	gcc	NOUN
ejsice-5084	173	13	listed	list	VERB
ejsice-5084	173	14	firms	firm	NOUN
ejsice-5084	173	15	:	:	PUNCT
ejsice-5084	173	16	an	an	DET
ejsice-5084	173	17	empirical	empirical	ADJ
ejsice-5084	173	18	investigation	investigation	NOUN
ejsice-5084	173	19	.	.	PUNCT
ejsice-5084	174	1	research	research	NOUN
ejsice-5084	174	2	in	in	ADP
ejsice-5084	174	3	international	international	ADJ
ejsice-5084	174	4	business	business	NOUN
ejsice-5084	174	5	and	and	CCONJ
ejsice-5084	174	6	finance	finance	NOUN
ejsice-5084	174	7	,	,	PUNCT
ejsice-5084	174	8	51	51	NUM
ejsice-5084	174	9	,	,	PUNCT
ejsice-5084	174	10	101083	101083	NUM
ejsice-5084	174	11	.	.	PUNCT
ejsice-5084	175	1	al	al	PROPN
ejsice-5084	175	2	-	-	PUNCT
ejsice-5084	175	3	gamrh	gamrh	PROPN
ejsice-5084	175	4	,	,	PUNCT
ejsice-5084	175	5	b.	b.	PROPN
ejsice-5084	175	6	,	,	PUNCT
ejsice-5084	175	7	ismail	ismail	PROPN
ejsice-5084	175	8	,	,	PUNCT
ejsice-5084	175	9	k.	k.	PROPN
ejsice-5084	175	10	n.	n.	PROPN
ejsice-5084	175	11	i.	i.	PROPN
ejsice-5084	175	12	k.	k.	PROPN
ejsice-5084	175	13	,	,	PUNCT
ejsice-5084	175	14	ahsan	ahsan	PROPN
ejsice-5084	175	15	,	,	PUNCT
ejsice-5084	175	16	t.	t.	PROPN
ejsice-5084	175	17	,	,	PUNCT
ejsice-5084	175	18	&	&	CCONJ
ejsice-5084	175	19	alquhaif	alquhaif	PROPN
ejsice-5084	175	20	,	,	PUNCT
ejsice-5084	175	21	a.	a.	NOUN
ejsice-5084	175	22	(	(	PUNCT
ejsice-5084	175	23	2020	2020	NUM
ejsice-5084	175	24	)	)	PUNCT
ejsice-5084	175	25	.	.	PUNCT
ejsice-5084	176	1	investment	investment	NOUN
ejsice-5084	176	2	opportunities	opportunity	NOUN
ejsice-5084	176	3	,	,	PUNCT
ejsice-5084	176	4	corporate	corporate	ADJ
ejsice-5084	176	5	governance	governance	NOUN
ejsice-5084	176	6	quality	quality	NOUN
ejsice-5084	176	7	,	,	PUNCT
ejsice-5084	176	8	and	and	CCONJ
ejsice-5084	176	9	firm	firm	ADJ
ejsice-5084	176	10	performance	performance	NOUN
ejsice-5084	176	11	in	in	ADP
ejsice-5084	176	12	the	the	DET
ejsice-5084	176	13	uae	uae	PROPN
ejsice-5084	176	14	.	.	PROPN
ejsice-5084	176	15	journal	journal	PROPN
ejsice-5084	176	16	of	of	ADP
ejsice-5084	176	17	accounting	account	VERB
ejsice-5084	176	18	in	in	ADP
ejsice-5084	176	19	emerging	emerge	VERB
ejsice-5084	176	20	economies	economy	NOUN
ejsice-5084	176	21	.	.	PUNCT
ejsice-5084	177	1	andré	andré	VERB
ejsice-5084	177	2	,	,	PUNCT
ejsice-5084	177	3	p.	p.	NOUN
ejsice-5084	177	4	,	,	PUNCT
ejsice-5084	177	5	schiehll	schiehll	PROPN
ejsice-5084	177	6	,	,	PUNCT
ejsice-5084	177	7	e.	e.	PROPN
ejsice-5084	177	8	(	(	PUNCT
ejsice-5084	177	9	2004	2004	NUM
ejsice-5084	177	10	)	)	PUNCT
ejsice-5084	177	11	.	.	PUNCT
ejsice-5084	178	1	systèmes	systèmes	PROPN
ejsice-5084	178	2	de	de	PROPN
ejsice-5084	178	3	gouvernance	gouvernance	PROPN
ejsice-5084	178	4	,	,	PUNCT
ejsice-5084	178	5	actionnaires	actionnaire	NOUN
ejsice-5084	178	6	dominants	dominant	NOUN
ejsice-5084	178	7	et	et	NOUN
ejsice-5084	178	8	performance	performance	NOUN
ejsice-5084	178	9	future	future	PROPN
ejsice-5084	178	10	des	des	X
ejsice-5084	178	11	entreprises	entreprise	NOUN
ejsice-5084	178	12	.	.	PROPN
ejsice-5084	178	13	finance	finance	PROPN
ejsice-5084	178	14	contrôle	contrôle	X
ejsice-5084	178	15	stratégie	stratégie	PROPN
ejsice-5084	178	16	,	,	PUNCT
ejsice-5084	178	17	7(2	7(2	NUM
ejsice-5084	178	18	)	)	PUNCT
ejsice-5084	178	19	,	,	PUNCT
ejsice-5084	178	20	165	165	NUM
ejsice-5084	178	21	–	–	SYM
ejsice-5084	178	22	193	193	NUM
ejsice-5084	178	23	.	.	PUNCT
ejsice-5084	178	24	andres	andre	NOUN
ejsice-5084	178	25	,	,	PUNCT
ejsice-5084	178	26	p.	p.	NOUN
ejsice-5084	178	27	,	,	PUNCT
ejsice-5084	178	28	azofra	azofra	NOUN
ejsice-5084	178	29	,	,	PUNCT
ejsice-5084	178	30	v.	v.	ADP
ejsice-5084	178	31	et	et	PROPN
ejsice-5084	178	32	lopez	lopez	NOUN
ejsice-5084	178	33	,	,	PUNCT
ejsice-5084	178	34	f.	f.	PROPN
ejsice-5084	178	35	(	(	PUNCT
ejsice-5084	178	36	2005	2005	NUM
ejsice-5084	178	37	)	)	PUNCT
ejsice-5084	178	38	.	.	PUNCT
ejsice-5084	179	1	corporate	corporate	ADJ
ejsice-5084	179	2	boards	board	NOUN
ejsice-5084	179	3	in	in	ADP
ejsice-5084	179	4	oecd	oecd	PROPN
ejsice-5084	179	5	countries	country	NOUN
ejsice-5084	179	6	:	:	PUNCT
ejsice-5084	179	7	size	size	NOUN
ejsice-5084	179	8	,	,	PUNCT
ejsice-5084	179	9	composition	composition	NOUN
ejsice-5084	179	10	,	,	PUNCT
ejsice-5084	179	11	functioning	functioning	NOUN
ejsice-5084	179	12	and	and	CCONJ
ejsice-5084	179	13	effectiveness	effectiveness	NOUN
ejsice-5084	179	14	.	.	PUNCT
ejsice-5084	180	1	blackwell	blackwell	PROPN
ejsice-5084	180	2	publishing	publishing	PROPN
ejsice-5084	180	3	ltd	ltd	PROPN
ejsice-5084	180	4	.	.	PROPN
ejsice-5084	180	5	,	,	PUNCT
ejsice-5084	180	6	13(2	13(2	PROPN
ejsice-5084	180	7	)	)	PUNCT
ejsice-5084	180	8	.	.	PUNCT
ejsice-5084	181	1	bahagat	bahagat	PROPN
ejsice-5084	181	2	,	,	PUNCT
ejsice-5084	181	3	s.	s.	PROPN
ejsice-5084	181	4	et	et	PROPN
ejsice-5084	181	5	black	black	PROPN
ejsice-5084	181	6	(	(	PUNCT
ejsice-5084	181	7	2001	2001	NUM
ejsice-5084	181	8	)	)	PUNCT
ejsice-5084	181	9	.	.	PUNCT
ejsice-5084	182	1	the	the	DET
ejsice-5084	182	2	non	non	NOUN
ejsice-5084	182	3	-	-	NOUN
ejsice-5084	182	4	correlation	correlation	NOUN
ejsice-5084	182	5	between	between	ADP
ejsice-5084	182	6	board	board	NOUN
ejsice-5084	182	7	independence	independence	NOUN
ejsice-5084	182	8	and	and	CCONJ
ejsice-5084	182	9	long	long	ADJ
ejsice-5084	182	10	term	term	NOUN
ejsice-5084	182	11	firm	firm	ADJ
ejsice-5084	182	12	performance	performance	NOUN
ejsice-5084	182	13	.	.	PUNCT
ejsice-5084	183	1	journal	journal	NOUN
ejsice-5084	183	2	of	of	ADP
ejsice-5084	183	3	corporation	corporation	PROPN
ejsice-5084	183	4	law	law	NOUN
ejsice-5084	183	5	,	,	PUNCT
ejsice-5084	183	6	231	231	NUM
ejsice-5084	183	7	-	-	SYM
ejsice-5084	183	8	274	274	NUM
ejsice-5084	183	9	.	.	PUNCT
ejsice-5084	184	1	bauer	bauer	PROPN
ejsice-5084	184	2	,	,	PUNCT
ejsice-5084	184	3	r.	r.	PROPN
ejsice-5084	184	4	,	,	PUNCT
ejsice-5084	184	5	frijns	frijns	NOUN
ejsice-5084	184	6	,	,	PUNCT
ejsice-5084	184	7	b.	b.	PROPN
ejsice-5084	184	8	,	,	PUNCT
ejsice-5084	184	9	otten	otten	PROPN
ejsice-5084	184	10	,	,	PUNCT
ejsice-5084	184	11	r.	r.	PROPN
ejsice-5084	184	12	et	et	PROPN
ejsice-5084	184	13	tourani	tourani	PROPN
ejsice-5084	184	14	-	-	PUNCT
ejsice-5084	184	15	rad	rad	PROPN
ejsice-5084	184	16	,	,	PUNCT
ejsice-5084	184	17	a.	a.	NOUN
ejsice-5084	184	18	(	(	PUNCT
ejsice-5084	184	19	2008	2008	NUM
ejsice-5084	184	20	)	)	PUNCT
ejsice-5084	184	21	.	.	PUNCT
ejsice-5084	185	1	the	the	DET
ejsice-5084	185	2	impact	impact	NOUN
ejsice-5084	185	3	of	of	ADP
ejsice-5084	185	4	corporate	corporate	ADJ
ejsice-5084	185	5	governance	governance	NOUN
ejsice-5084	185	6	on	on	ADP
ejsice-5084	185	7	corporate	corporate	ADJ
ejsice-5084	185	8	performance	performance	NOUN
ejsice-5084	185	9	:	:	PUNCT
ejsice-5084	185	10	evidence	evidence	NOUN
ejsice-5084	185	11	from	from	ADP
ejsice-5084	185	12	japan	japan	PROPN
ejsice-5084	185	13	.	.	PUNCT
ejsice-5084	186	1	pacific	pacific	ADJ
ejsice-5084	186	2	-	-	PUNCT
ejsice-5084	186	3	basin	basin	NOUN
ejsice-5084	186	4	finance	finance	NOUN
ejsice-5084	186	5	journal	journal	NOUN
ejsice-5084	186	6	,	,	PUNCT
ejsice-5084	186	7	16	16	NUM
ejsice-5084	186	8	,	,	PUNCT
ejsice-5084	186	9	236–251	236–251	NUM
ejsice-5084	186	10	.	.	PUNCT
ejsice-5084	187	1	belghith	belghith	ADJ
ejsice-5084	187	2	,	,	PUNCT
ejsice-5084	187	3	i.	i.	NOUN
ejsice-5084	187	4	(	(	PUNCT
ejsice-5084	187	5	2008	2008	NUM
ejsice-5084	187	6	)	)	PUNCT
ejsice-5084	187	7	.	.	PUNCT
ejsice-5084	188	1	taxonomie	taxonomie	PROPN
ejsice-5084	188	2	de	de	PROPN
ejsice-5084	188	3	conseils	conseils	PROPN
ejsice-5084	188	4	d’administration	d’administration	NOUN
ejsice-5084	188	5	et	et	NOUN
ejsice-5084	188	6	performance	performance	NOUN
ejsice-5084	188	7	;	;	PUNCT
ejsice-5084	188	8	effet	effet	PROPN
ejsice-5084	188	9	médiateur	médiateur	PROPN
ejsice-5084	188	10	de	de	PROPN
ejsice-5084	188	11	l’enracinement	l’enracinement	PROPN
ejsice-5084	188	12	et	et	PROPN
ejsice-5084	188	13	du	du	PROPN
ejsice-5084	188	14	conflit	conflit	PROPN
ejsice-5084	188	15	cognitif	cognitif	PROPN
ejsice-5084	188	16	dans	dans	PROPN
ejsice-5084	188	17	le	le	X
ejsice-5084	188	18	cas	cas	PROPN
ejsice-5084	188	19	des	des	PROPN
ejsice-5084	188	20	établissements	établissements	PROPN
ejsice-5084	188	21	hôteliers	hôtelier	VERB
ejsice-5084	188	22	en	en	PROPN
ejsice-5084	188	23	tunisie	tunisie	PROPN
ejsice-5084	188	24	:	:	PUNCT
ejsice-5084	188	25	proposition	proposition	NOUN
ejsice-5084	188	26	d’un	d’un	PROPN
ejsice-5084	188	27	cadre	cadre	NOUN
ejsice-5084	188	28	théorique	théorique	PROPN
ejsice-5084	188	29	.	.	PUNCT
ejsice-5084	189	1	journée	journée	PROPN
ejsice-5084	189	2	rochelaise	rochelaise	PROPN
ejsice-5084	189	3	de	de	X
ejsice-5084	189	4	recherche	recherche	X
ejsice-5084	189	5	sur	sur	PROPN
ejsice-5084	189	6	le	le	X
ejsice-5084	189	7	tourisme	tourisme	PROPN
ejsice-5084	189	8	groupe	groupe	PROPN
ejsice-5084	189	9	sup	sup	PROPN
ejsice-5084	189	10	de	de	PROPN
ejsice-5084	189	11	co	co	X
ejsice-5084	189	12	larochelle	larochelle	PROPN
ejsice-5084	189	13	.	.	PUNCT
ejsice-5084	190	1	ben	ben	PROPN
ejsice-5084	190	2	cheikh	cheikh	PROPN
ejsice-5084	190	3	,	,	PUNCT
ejsice-5084	190	4	s.	s.	PROPN
ejsice-5084	190	5	,	,	PUNCT
ejsice-5084	190	6	zarai	zarai	PROPN
ejsice-5084	190	7	,	,	PUNCT
ejsice-5084	190	8	m	m	PROPN
ejsice-5084	190	9	,	,	PUNCT
ejsice-5084	190	10	a.	a.	NOUN
ejsice-5084	190	11	(	(	PUNCT
ejsice-5084	190	12	2008	2008	NUM
ejsice-5084	190	13	)	)	PUNCT
ejsice-5084	190	14	.	.	PUNCT
ejsice-5084	191	1	importance	importance	NOUN
ejsice-5084	191	2	des	des	X
ejsice-5084	191	3	facteurs	facteur	VERB
ejsice-5084	191	4	organisationnels	organisationnel	NOUN
ejsice-5084	191	5	sur	sur	X
ejsice-5084	191	6	le	le	X
ejsice-5084	191	7	pouvoir	pouvoir	X
ejsice-5084	191	8	managérial	managérial	X
ejsice-5084	191	9	et	et	PROPN
ejsice-5084	191	10	la	la	PROPN
ejsice-5084	191	11	performance	performance	NOUN
ejsice-5084	191	12	de	de	X
ejsice-5084	191	13	la	la	X
ejsice-5084	191	14	firme	firme	PROPN
ejsice-5084	191	15	.	.	PUNCT
ejsice-5084	192	1	colloque	colloque	PROPN
ejsice-5084	192	2	international	international	PROPN
ejsice-5084	192	3	fiscalité	fiscalité	PROPN
ejsice-5084	192	4	droit	droit	PROPN
ejsice-5084	192	5	gestion	gestion	PROPN
ejsice-5084	192	6	.	.	PUNCT
ejsice-5084	193	1	beshi	beshi	PROPN
ejsice-5084	193	2	,	,	PUNCT
ejsice-5084	193	3	t.	t.	PROPN
ejsice-5084	193	4	d.	d.	PROPN
ejsice-5084	193	5	,	,	PUNCT
ejsice-5084	193	6	&	&	CCONJ
ejsice-5084	193	7	kaur	kaur	PROPN
ejsice-5084	193	8	,	,	PUNCT
ejsice-5084	193	9	r.	r.	PROPN
ejsice-5084	193	10	(	(	PUNCT
ejsice-5084	193	11	2020	2020	NUM
ejsice-5084	193	12	)	)	PUNCT
ejsice-5084	193	13	.	.	PUNCT
ejsice-5084	194	1	public	public	ADJ
ejsice-5084	194	2	trust	trust	NOUN
ejsice-5084	194	3	in	in	ADP
ejsice-5084	194	4	local	local	ADJ
ejsice-5084	194	5	government	government	NOUN
ejsice-5084	194	6	:	:	PUNCT
ejsice-5084	194	7	explaining	explain	VERB
ejsice-5084	194	8	the	the	DET
ejsice-5084	194	9	role	role	NOUN
ejsice-5084	194	10	of	of	ADP
ejsice-5084	194	11	good	good	ADJ
ejsice-5084	194	12	governance	governance	NOUN
ejsice-5084	194	13	practices	practice	NOUN
ejsice-5084	194	14	.	.	PUNCT
ejsice-5084	195	1	public	public	ADJ
ejsice-5084	195	2	organization	organization	NOUN
ejsice-5084	195	3	review	review	PROPN
ejsice-5084	195	4	,	,	PUNCT
ejsice-5084	195	5	20(2	20(2	NUM
ejsice-5084	195	6	)	)	PUNCT
ejsice-5084	195	7	,	,	PUNCT
ejsice-5084	195	8	337	337	NUM
ejsice-5084	195	9	-	-	SYM
ejsice-5084	195	10	350	350	NUM
ejsice-5084	195	11	.	.	PUNCT
ejsice-5084	196	1	biancone	biancone	PROPN
ejsice-5084	196	2	p.	p.	NOUN
ejsice-5084	196	3	,	,	PUNCT
ejsice-5084	196	4	secinaro	secinaro	NOUN
ejsice-5084	196	5	s.	s.	PROPN
ejsice-5084	196	6	,	,	PUNCT
ejsice-5084	196	7	brescia	brescia	PROPN
ejsice-5084	196	8	v.	v.	PROPN
ejsice-5084	196	9	(	(	PUNCT
ejsice-5084	196	10	2017	2017	NUM
ejsice-5084	196	11	)	)	PUNCT
ejsice-5084	196	12	.	.	PUNCT
ejsice-5084	197	1	the	the	DET
ejsice-5084	197	2	popular	popular	ADJ
ejsice-5084	197	3	financial	financial	ADJ
ejsice-5084	197	4	reporting	reporting	NOUN
ejsice-5084	197	5	and	and	CCONJ
ejsice-5084	197	6	gender	gender	NOUN
ejsice-5084	197	7	accountability	accountability	NOUN
ejsice-5084	197	8	,	,	PUNCT
ejsice-5084	197	9	the	the	DET
ejsice-5084	197	10	integrated	integrated	ADJ
ejsice-5084	197	11	approach	approach	NOUN
ejsice-5084	197	12	in	in	ADP
ejsice-5084	197	13	municipalities	municipality	NOUN
ejsice-5084	197	14	and	and	CCONJ
ejsice-5084	197	15	public	public	ADJ
ejsice-5084	197	16	bodies	body	NOUN
ejsice-5084	197	17	.	.	PUNCT
ejsice-5084	198	1	biancone	biancone	PROPN
ejsice-5084	198	2	p.	p.	PROPN
ejsice-5084	198	3	,	,	PUNCT
ejsice-5084	198	4	secinaro	secinaro	NOUN
ejsice-5084	198	5	s.	s.	PROPN
ejsice-5084	198	6	,	,	PUNCT
ejsice-5084	198	7	brescia	brescia	PROPN
ejsice-5084	198	8	v.	v.	PROPN
ejsice-5084	198	9	,	,	PUNCT
ejsice-5084	198	10	iannaci	iannaci	PROPN
ejsice-5084	198	11	d.	d.	PROPN
ejsice-5084	198	12	(	(	PUNCT
ejsice-5084	198	13	2018).communication	2018).communication	NUM
ejsice-5084	198	14	and	and	CCONJ
ejsice-5084	198	15	data	datum	NOUN
ejsice-5084	198	16	processing	processing	NOUN
ejsice-5084	198	17	in	in	ADP
ejsice-5084	198	18	local	local	ADJ
ejsice-5084	198	19	public	public	ADJ
ejsice-5084	198	20	group	group	NOUN
ejsice-5084	198	21	:	:	PUNCT
ejsice-5084	198	22	transparency	transparency	NOUN
ejsice-5084	198	23	and	and	CCONJ
ejsice-5084	198	24	accountability	accountability	NOUN
ejsice-5084	198	25	.	.	PUNCT
ejsice-5084	199	1	http://www.ojs.unito.it/index.php/ejsice/index	http://www.ojs.unito.it/index.php/ejsice/index	PROPN
ejsice-5084	199	2	european	european	PROPN
ejsice-5084	199	3	journal	journal	PROPN
ejsice-5084	199	4	of	of	ADP
ejsice-5084	199	5	social	social	ADJ
ejsice-5084	199	6	impact	impact	NOUN
ejsice-5084	199	7	and	and	CCONJ
ejsice-5084	199	8	circular	circular	ADJ
ejsice-5084	199	9	economy	economy	NOUN
ejsice-5084	199	10	issn	issn	NOUN
ejsice-5084	199	11	:	:	PUNCT
ejsice-5084	199	12	2704	2704	NUM
ejsice-5084	199	13	-	-	SYM
ejsice-5084	199	14	9906	9906	NUM
ejsice-5084	199	15	doi:10.13135/2704	doi:10.13135/2704	NOUN
ejsice-5084	199	16	-	-	PUNCT
ejsice-5084	199	17	9906/5084	9906/5084	NUM
ejsice-5084	199	18	published	publish	VERB
ejsice-5084	199	19	by	by	ADP
ejsice-5084	199	20	university	university	PROPN
ejsice-5084	199	21	of	of	ADP
ejsice-5084	199	22	turin	turin	PROPN
ejsice-5084	199	23	http://www.ojs.unito.it/index.php/ejsice/index	http://www.ojs.unito.it/index.php/ejsice/index	PROPN
ejsice-5084	199	24	ejsice	ejsice	PROPN
ejsice-5084	199	25	content	content	NOUN
ejsice-5084	199	26	is	be	AUX
ejsice-5084	199	27	licensed	license	VERB
ejsice-5084	199	28	under	under	ADP
ejsice-5084	199	29	a	a	DET
ejsice-5084	199	30	creative	creative	ADJ
ejsice-5084	199	31	commons	common	NOUN
ejsice-5084	199	32	attribution	attribution	NOUN
ejsice-5084	199	33	4.0	4.0	NUM
ejsice-5084	199	34	internationallicense	internationallicense	NOUN
ejsice-5084	199	35	15	15	NUM
ejsice-5084	199	36	biancone	biancone	NOUN
ejsice-5084	199	37	p.	p.	NOUN
ejsice-5084	199	38	,	,	PUNCT
ejsice-5084	199	39	secinaro	secinaro	NOUN
ejsice-5084	199	40	s.	s.	PROPN
ejsice-5084	199	41	,	,	PUNCT
ejsice-5084	199	42	brescia	brescia	PROPN
ejsice-5084	199	43	v.	v.	PROPN
ejsice-5084	199	44	(	(	PUNCT
ejsice-5084	199	45	2018).the	2018).the	DET
ejsice-5084	199	46	innovation	innovation	NOUN
ejsice-5084	199	47	of	of	ADP
ejsice-5084	199	48	local	local	ADJ
ejsice-5084	199	49	public	public	ADJ
ejsice-5084	199	50	-	-	PUNCT
ejsice-5084	199	51	sector	sector	NOUN
ejsice-5084	199	52	companies	company	NOUN
ejsice-5084	199	53	:	:	PUNCT
ejsice-5084	199	54	processing	process	VERB
ejsice-5084	199	55	big	big	ADJ
ejsice-5084	199	56	data	datum	NOUN
ejsice-5084	199	57	for	for	ADP
ejsice-5084	199	58	transparency	transparency	NOUN
ejsice-5084	199	59	and	and	CCONJ
ejsice-5084	199	60	accountability	accountability	NOUN
ejsice-5084	199	61	.	.	PUNCT
ejsice-5084	200	1	biancone	biancone	PROPN
ejsice-5084	200	2	p.	p.	NOUN
ejsice-5084	200	3	,	,	PUNCT
ejsice-5084	200	4	secinaro	secinaro	NOUN
ejsice-5084	200	5	s.	s.	PROPN
ejsice-5084	200	6	,	,	PUNCT
ejsice-5084	200	7	radwan	radwan	PROPN
ejsice-5084	200	8	m.	m.	NOUN
ejsice-5084	200	9	,	,	PUNCT
ejsice-5084	200	10	kamal	kamal	PROPN
ejsice-5084	200	11	m.	m.	NOUN
ejsice-5084	200	12	(	(	PUNCT
ejsice-5084	200	13	2019	2019	NUM
ejsice-5084	200	14	)	)	PUNCT
ejsice-5084	200	15	.	.	PUNCT
ejsice-5084	201	1	halal	halal	PROPN
ejsice-5084	201	2	tourism	tourism	NOUN
ejsice-5084	201	3	:	:	PUNCT
ejsice-5084	201	4	an	an	DET
ejsice-5084	201	5	opportunity	opportunity	NOUN
ejsice-5084	201	6	for	for	ADP
ejsice-5084	201	7	the	the	DET
ejsice-5084	201	8	global	global	ADJ
ejsice-5084	201	9	tourism	tourism	NOUN
ejsice-5084	201	10	industry	industry	NOUN
ejsice-5084	201	11	.	.	PUNCT
ejsice-5084	202	1	black	black	PROPN
ejsice-5084	202	2	,	,	PUNCT
ejsice-5084	202	3	b.	b.	PROPN
ejsice-5084	202	4	,	,	PUNCT
ejsice-5084	202	5	jang	jang	PROPN
ejsice-5084	202	6	,	,	PUNCT
ejsice-5084	202	7	h.	h.	PROPN
ejsice-5084	202	8	et	et	PROPN
ejsice-5084	202	9	kim	kim	PROPN
ejsice-5084	202	10	,	,	PUNCT
ejsice-5084	202	11	w.	w.	PROPN
ejsice-5084	202	12	(	(	PUNCT
ejsice-5084	202	13	2005	2005	NUM
ejsice-5084	202	14	)	)	PUNCT
ejsice-5084	202	15	.	.	PUNCT
ejsice-5084	203	1	does	do	AUX
ejsice-5084	203	2	corporate	corporate	ADJ
ejsice-5084	203	3	governance	governance	NOUN
ejsice-5084	203	4	affect	affect	VERB
ejsice-5084	203	5	firms	firm	NOUN
ejsice-5084	203	6	'	'	PART
ejsice-5084	203	7	market	market	NOUN
ejsice-5084	203	8	values	value	NOUN
ejsice-5084	203	9	?	?	PUNCT
ejsice-5084	204	1	evidence	evidence	NOUN
ejsice-5084	204	2	from	from	ADP
ejsice-5084	204	3	korea	korea	PROPN
ejsice-5084	204	4	.	.	PUNCT
ejsice-5084	205	1	working	work	VERB
ejsice-5084	205	2	papern86/2005	papern86/2005	PROPN
ejsice-5084	205	3	çelik	çelik	PROPN
ejsice-5084	205	4	,	,	PUNCT
ejsice-5084	205	5	ş	ş	X
ejsice-5084	205	6	.	.	NUM
ejsice-5084	205	7	,	,	PUNCT
ejsice-5084	205	8	&	&	CCONJ
ejsice-5084	205	9	güleç	güleç	PROPN
ejsice-5084	205	10	,	,	PUNCT
ejsice-5084	205	11	t.	t.	PROPN
ejsice-5084	205	12	c.	c.	PROPN
ejsice-5084	205	13	(	(	PUNCT
ejsice-5084	205	14	2020	2020	NUM
ejsice-5084	205	15	)	)	PUNCT
ejsice-5084	205	16	.	.	PUNCT
ejsice-5084	206	1	corporate	corporate	ADJ
ejsice-5084	206	2	governance	governance	NOUN
ejsice-5084	206	3	and	and	CCONJ
ejsice-5084	206	4	performance	performance	NOUN
ejsice-5084	206	5	.	.	PUNCT
ejsice-5084	207	1	in	in	ADP
ejsice-5084	207	2	corporate	corporate	ADJ
ejsice-5084	207	3	governance	governance	NOUN
ejsice-5084	207	4	models	model	NOUN
ejsice-5084	207	5	and	and	CCONJ
ejsice-5084	207	6	applications	application	NOUN
ejsice-5084	207	7	in	in	ADP
ejsice-5084	207	8	developing	develop	VERB
ejsice-5084	207	9	economies	economy	NOUN
ejsice-5084	207	10	,	,	PUNCT
ejsice-5084	207	11	igi	igi	PROPN
ejsice-5084	207	12	global	global	ADJ
ejsice-5084	207	13	,	,	PUNCT
ejsice-5084	207	14	162	162	NUM
ejsice-5084	207	15	-	-	SYM
ejsice-5084	207	16	191	191	NUM
ejsice-5084	207	17	.	.	PUNCT
ejsice-5084	207	18	charreaux	charreaux	PROPN
ejsice-5084	207	19	,	,	PUNCT
ejsice-5084	207	20	g.	g.	PROPN
ejsice-5084	207	21	(	(	PUNCT
ejsice-5084	207	22	1996	1996	NUM
ejsice-5084	207	23	)	)	PUNCT
ejsice-5084	207	24	.	.	PUNCT
ejsice-5084	208	1	vers	vers	PROPN
ejsice-5084	208	2	une	une	PROPN
ejsice-5084	208	3	théorie	théorie	PROPN
ejsice-5084	208	4	du	du	PROPN
ejsice-5084	208	5	gouvernement	gouvernement	PROPN
ejsice-5084	208	6	des	des	PROPN
ejsice-5084	208	7	entreprises	entreprises	PROPN
ejsice-5084	208	8	.	.	PUNCT
ejsice-5084	209	1	chapitre	chapitre	PROPN
ejsice-5084	209	2	15	15	NUM
ejsice-5084	209	3	,	,	PUNCT
ejsice-5084	209	4	in	in	ADP
ejsice-5084	209	5	g.	g.	PROPN
ejsice-5084	209	6	charreaux	charreaux	PROPN
ejsice-5084	209	7	(	(	PUNCT
ejsice-5084	209	8	ed	ed	NOUN
ejsice-5084	209	9	.	.	PROPN
ejsice-5084	209	10	):	):	PUNCT
ejsice-5084	209	11	le	le	X
ejsice-5084	209	12	gouvernement	gouvernement	PROPN
ejsice-5084	209	13	des	des	PROPN
ejsice-5084	209	14	entreprises	entreprises	PROPN
ejsice-5084	209	15	,	,	PUNCT
ejsice-5084	209	16	économica	économica	PROPN
ejsice-5084	209	17	.	.	PUNCT
ejsice-5084	210	1	chatelin	chatelin	PROPN
ejsice-5084	210	2	,	,	PUNCT
ejsice-5084	210	3	c.	c.	PROPN
ejsice-5084	210	4	,	,	PUNCT
ejsice-5084	210	5	trébucq	trébucq	PROPN
ejsice-5084	210	6	,	,	PUNCT
ejsice-5084	210	7	s.	s.	PROPN
ejsice-5084	210	8	(	(	PUNCT
ejsice-5084	210	9	2003	2003	NUM
ejsice-5084	210	10	)	)	PUNCT
ejsice-5084	210	11	.	.	PUNCT
ejsice-5084	211	1	stabilité	stabilité	PROPN
ejsice-5084	211	2	et	et	PROPN
ejsice-5084	211	3	évolution	évolution	PROPN
ejsice-5084	211	4	du	du	PROPN
ejsice-5084	211	5	cadre	cadre	PROPN
ejsice-5084	211	6	conceptuel	conceptuel	PROPN
ejsice-5084	211	7	en	en	PROPN
ejsice-5084	211	8	gouvernance	gouvernance	PROPN
ejsice-5084	211	9	d’entreprise	d’entreprise	PROPN
ejsice-5084	211	10	:	:	PUNCT
ejsice-5084	211	11	un	un	PROPN
ejsice-5084	211	12	essai	essai	PROPN
ejsice-5084	211	13	de	de	PROPN
ejsice-5084	211	14	synthèse	synthèse	PROPN
ejsice-5084	211	15	.	.	PUNCT
ejsice-5084	212	1	communication	communication	NOUN
ejsice-5084	212	2	pour	pour	VERB
ejsice-5084	212	3	les	les	PROPN
ejsice-5084	212	4	neuvièmes	neuvième	NOUN
ejsice-5084	212	5	journées	journées	PROPN
ejsice-5084	212	6	d’histoire	d’histoire	PROPN
ejsice-5084	212	7	de	de	X
ejsice-5084	212	8	la	la	PROPN
ejsice-5084	212	9	comptabilité	comptabilité	PROPN
ejsice-5084	212	10	et	et	PROPN
ejsice-5084	212	11	du	du	PROPN
ejsice-5084	212	12	management	management	PROPN
ejsice-5084	212	13	.	.	PUNCT
ejsice-5084	213	1	coffey	coffey	PROPN
ejsice-5084	213	2	,	,	PUNCT
ejsice-5084	213	3	b.	b.	PROPN
ejsice-5084	213	4	,	,	PUNCT
ejsice-5084	213	5	bush	bush	PROPN
ejsice-5084	213	6	,	,	PUNCT
ejsice-5084	213	7	j.	j.	PROPN
ejsice-5084	213	8	,	,	PUNCT
ejsice-5084	213	9	mumaw	mumaw	PROPN
ejsice-5084	213	10	,	,	PUNCT
ejsice-5084	213	11	l.	l.	PROPN
ejsice-5084	213	12	,	,	PUNCT
ejsice-5084	213	13	de	de	PROPN
ejsice-5084	213	14	kleyn	kleyn	PROPN
ejsice-5084	213	15	,	,	PUNCT
ejsice-5084	213	16	l.	l.	PROPN
ejsice-5084	213	17	,	,	PUNCT
ejsice-5084	213	18	furlong	furlong	ADJ
ejsice-5084	213	19	,	,	PUNCT
ejsice-5084	213	20	c.	c.	PROPN
ejsice-5084	213	21	,	,	PUNCT
ejsice-5084	213	22	&	&	CCONJ
ejsice-5084	213	23	cretney	cretney	PROPN
ejsice-5084	213	24	,	,	PUNCT
ejsice-5084	213	25	r.	r.	PROPN
ejsice-5084	213	26	(	(	PUNCT
ejsice-5084	213	27	2020	2020	NUM
ejsice-5084	213	28	)	)	PUNCT
ejsice-5084	213	29	.	.	PUNCT
ejsice-5084	214	1	towards	towards	ADP
ejsice-5084	214	2	good	good	ADJ
ejsice-5084	214	3	governance	governance	NOUN
ejsice-5084	214	4	of	of	ADP
ejsice-5084	214	5	urban	urban	ADJ
ejsice-5084	214	6	greening	greening	NOUN
ejsice-5084	214	7	:	:	PUNCT
ejsice-5084	214	8	insights	insight	NOUN
ejsice-5084	214	9	from	from	ADP
ejsice-5084	214	10	four	four	NUM
ejsice-5084	214	11	initiatives	initiative	NOUN
ejsice-5084	214	12	in	in	ADP
ejsice-5084	214	13	melbourne	melbourne	PROPN
ejsice-5084	214	14	,	,	PUNCT
ejsice-5084	214	15	australia	australia	PROPN
ejsice-5084	214	16	.	.	PUNCT
ejsice-5084	215	1	australian	australian	ADJ
ejsice-5084	215	2	geographer	geographer	NOUN
ejsice-5084	215	3	,	,	PUNCT
ejsice-5084	215	4	1	1	NUM
ejsice-5084	215	5	-	-	SYM
ejsice-5084	215	6	16	16	NUM
ejsice-5084	215	7	.	.	PUNCT
ejsice-5084	216	1	durnev	durnev	PROPN
ejsice-5084	216	2	,	,	PUNCT
ejsice-5084	216	3	a.	a.	PROPN
ejsice-5084	216	4	,	,	PUNCT
ejsice-5084	216	5	kim	kim	PROPN
ejsice-5084	216	6	,	,	PUNCT
ejsice-5084	216	7	e.	e.	PROPN
ejsice-5084	216	8	h.	h.	PROPN
ejsice-5084	216	9	(	(	PUNCT
ejsice-5084	216	10	2003	2003	NUM
ejsice-5084	216	11	)	)	PUNCT
ejsice-5084	216	12	.	.	PUNCT
ejsice-5084	217	1	to	to	PART
ejsice-5084	217	2	steal	steal	VERB
ejsice-5084	217	3	or	or	CCONJ
ejsice-5084	217	4	not	not	PART
ejsice-5084	217	5	to	to	PART
ejsice-5084	217	6	steal	steal	VERB
ejsice-5084	217	7	:	:	PUNCT
ejsice-5084	217	8	firm	firm	NOUN
ejsice-5084	217	9	attributes	attribute	NOUN
ejsice-5084	217	10	,	,	PUNCT
ejsice-5084	217	11	legal	legal	ADJ
ejsice-5084	217	12	environnement	environnement	NOUN
ejsice-5084	217	13	,	,	PUNCT
ejsice-5084	217	14	and	and	CCONJ
ejsice-5084	217	15	valuation	valuation	NOUN
ejsice-5084	217	16	.	.	PUNCT
ejsice-5084	218	1	current	current	ADJ
ejsice-5084	218	2	draft	draft	NOUN
ejsice-5084	218	3	.	.	PUNCT
ejsice-5084	219	1	esposito	esposito	PROPN
ejsice-5084	219	2	,	,	PUNCT
ejsice-5084	219	3	p.	p.	NOUN
ejsice-5084	219	4	,	,	PUNCT
ejsice-5084	219	5	&	&	CCONJ
ejsice-5084	219	6	dicorato	dicorato	PROPN
ejsice-5084	219	7	,	,	PUNCT
ejsice-5084	219	8	s.	s.	PROPN
ejsice-5084	219	9	l.	l.	PROPN
ejsice-5084	219	10	(	(	PUNCT
ejsice-5084	219	11	2020	2020	NUM
ejsice-5084	219	12	)	)	PUNCT
ejsice-5084	219	13	.	.	PUNCT
ejsice-5084	220	1	sustainable	sustainable	ADJ
ejsice-5084	220	2	development	development	NOUN
ejsice-5084	220	3	,	,	PUNCT
ejsice-5084	220	4	governance	governance	NOUN
ejsice-5084	220	5	and	and	CCONJ
ejsice-5084	220	6	performance	performance	NOUN
ejsice-5084	220	7	measurement	measurement	NOUN
ejsice-5084	220	8	in	in	ADP
ejsice-5084	220	9	public	public	ADJ
ejsice-5084	220	10	private	private	ADJ
ejsice-5084	220	11	partnerships	partnership	NOUN
ejsice-5084	220	12	(	(	PUNCT
ejsice-5084	220	13	ppps	ppps	PROPN
ejsice-5084	220	14	):	):	PUNCT
ejsice-5084	220	15	a	a	DET
ejsice-5084	220	16	methodological	methodological	ADJ
ejsice-5084	220	17	proposal	proposal	NOUN
ejsice-5084	220	18	.	.	PUNCT
ejsice-5084	221	1	sustainability	sustainability	NOUN
ejsice-5084	221	2	,	,	PUNCT
ejsice-5084	221	3	12(14	12(14	NOUN
ejsice-5084	221	4	)	)	PUNCT
ejsice-5084	221	5	,	,	PUNCT
ejsice-5084	221	6	5696	5696	NUM
ejsice-5084	221	7	.	.	PUNCT
ejsice-5084	222	1	galander	galander	NOUN
ejsice-5084	222	2	,	,	PUNCT
ejsice-5084	222	3	a.	a.	NOUN
ejsice-5084	222	4	,	,	PUNCT
ejsice-5084	222	5	walgenbach	walgenbach	NOUN
ejsice-5084	222	6	,	,	PUNCT
ejsice-5084	222	7	p.	p.	NOUN
ejsice-5084	222	8	,	,	PUNCT
ejsice-5084	222	9	rost	rost	PROPN
ejsice-5084	222	10	,	,	PUNCT
ejsice-5084	222	11	k.	k.	PROPN
ejsice-5084	222	12	(	(	PUNCT
ejsice-5084	222	13	2015	2015	NUM
ejsice-5084	222	14	)	)	PUNCT
ejsice-5084	222	15	.	.	PUNCT
ejsice-5084	223	1	a	a	DET
ejsice-5084	223	2	social	social	ADJ
ejsice-5084	223	3	norm	norm	NOUN
ejsice-5084	223	4	perspective	perspective	NOUN
ejsice-5084	223	5	on	on	ADP
ejsice-5084	223	6	corporate	corporate	ADJ
ejsice-5084	223	7	governance	governance	NOUN
ejsice-5084	223	8	soft	soft	ADJ
ejsice-5084	223	9	law	law	NOUN
ejsice-5084	223	10	.	.	PUNCT
ejsice-5084	224	1	corporate	corporate	ADJ
ejsice-5084	224	2	governance	governance	NOUN
ejsice-5084	224	3	:	:	PUNCT
ejsice-5084	224	4	the	the	DET
ejsice-5084	224	5	international	international	ADJ
ejsice-5084	224	6	journal	journal	NOUN
ejsice-5084	224	7	of	of	ADP
ejsice-5084	224	8	business	business	NOUN
ejsice-5084	224	9	in	in	ADP
ejsice-5084	224	10	society	society	NOUN
ejsice-5084	224	11	15(1	15(1	NUM
ejsice-5084	224	12	)	)	PUNCT
ejsice-5084	224	13	,	,	PUNCT
ejsice-5084	224	14	31	31	NUM
ejsice-5084	224	15	-	-	SYM
ejsice-5084	224	16	51	51	NUM
ejsice-5084	224	17	.	.	PUNCT
ejsice-5084	225	1	garcia	garcia	PROPN
ejsice-5084	225	2	,	,	PUNCT
ejsice-5084	225	3	a.	a.	PROPN
ejsice-5084	225	4	s.	s.	PROPN
ejsice-5084	225	5	,	,	PUNCT
ejsice-5084	225	6	&	&	CCONJ
ejsice-5084	225	7	orsato	orsato	PROPN
ejsice-5084	225	8	,	,	PUNCT
ejsice-5084	225	9	r.	r.	PROPN
ejsice-5084	225	10	j.	j.	PROPN
ejsice-5084	225	11	(	(	PUNCT
ejsice-5084	225	12	2020	2020	NUM
ejsice-5084	225	13	)	)	PUNCT
ejsice-5084	225	14	.	.	PUNCT
ejsice-5084	226	1	testing	test	VERB
ejsice-5084	226	2	the	the	DET
ejsice-5084	226	3	institutional	institutional	ADJ
ejsice-5084	226	4	difference	difference	NOUN
ejsice-5084	226	5	hypothesis	hypothesis	NOUN
ejsice-5084	226	6	:	:	PUNCT
ejsice-5084	226	7	a	a	DET
ejsice-5084	226	8	study	study	NOUN
ejsice-5084	226	9	about	about	ADP
ejsice-5084	226	10	environmental	environmental	ADJ
ejsice-5084	226	11	,	,	PUNCT
ejsice-5084	226	12	social	social	ADJ
ejsice-5084	226	13	,	,	PUNCT
ejsice-5084	226	14	governance	governance	NOUN
ejsice-5084	226	15	,	,	PUNCT
ejsice-5084	226	16	and	and	CCONJ
ejsice-5084	226	17	financial	financial	ADJ
ejsice-5084	226	18	performance	performance	NOUN
ejsice-5084	226	19	.	.	PUNCT
ejsice-5084	227	1	business	business	NOUN
ejsice-5084	227	2	strategy	strategy	NOUN
ejsice-5084	227	3	and	and	CCONJ
ejsice-5084	227	4	the	the	DET
ejsice-5084	227	5	environment	environment	NOUN
ejsice-5084	227	6	.	.	PUNCT
ejsice-5084	228	1	godard	godard	PROPN
ejsice-5084	228	2	,	,	PUNCT
ejsice-5084	228	3	l.	l.	PROPN
ejsice-5084	228	4	(	(	PUNCT
ejsice-5084	228	5	2001	2001	NUM
ejsice-5084	228	6	)	)	PUNCT
ejsice-5084	228	7	.	.	PUNCT
ejsice-5084	229	1	la	la	PROPN
ejsice-5084	229	2	taille	taille	X
ejsice-5084	229	3	du	du	PROPN
ejsice-5084	229	4	conseil	conseil	PROPN
ejsice-5084	229	5	d’administration	d’administration	PROPN
ejsice-5084	229	6	:	:	PUNCT
ejsice-5084	229	7	déterminants	déterminant	NOUN
ejsice-5084	229	8	et	et	NOUN
ejsice-5084	229	9	impact	impact	VERB
ejsice-5084	229	10	sur	sur	PROPN
ejsice-5084	229	11	la	la	PROPN
ejsice-5084	229	12	performance	performance	NOUN
ejsice-5084	229	13	.	.	PUNCT
ejsice-5084	230	1	cahier	cahier	PROPN
ejsice-5084	230	2	du	du	PROPN
ejsice-5084	230	3	fargo	fargo	PROPN
ejsice-5084	230	4	n	n	CCONJ
ejsice-5084	230	5	°	°	NUM
ejsice-5084	230	6	1010702	1010702	NUM
ejsice-5084	230	7	,	,	PUNCT
ejsice-5084	230	8	juillet2001	juillet2001	PROPN
ejsice-5084	230	9	.	.	PUNCT
ejsice-5084	231	1	gompers	gomper	NOUN
ejsice-5084	231	2	,	,	PUNCT
ejsice-5084	231	3	p.a	p.a	PROPN
ejsice-5084	231	4	.	.	PROPN
ejsice-5084	231	5	,	,	PUNCT
ejsice-5084	231	6	ischii	ischii	PROPN
ejsice-5084	231	7	,	,	PUNCT
ejsice-5084	231	8	j.l	j.l	PROPN
ejsice-5084	231	9	.	.	PROPN
ejsice-5084	231	10	,	,	PUNCT
ejsice-5084	231	11	metrick	metrick	ADJ
ejsice-5084	231	12	,	,	PUNCT
ejsice-5084	231	13	a.	a.	NOUN
ejsice-5084	231	14	(	(	PUNCT
ejsice-5084	231	15	2003	2003	NUM
ejsice-5084	231	16	)	)	PUNCT
ejsice-5084	231	17	.	.	PUNCT
ejsice-5084	232	1	corporate	corporate	ADJ
ejsice-5084	232	2	governance	governance	NOUN
ejsice-5084	232	3	and	and	CCONJ
ejsice-5084	232	4	equityprices	equityprice	NOUN
ejsice-5084	232	5	.	.	PUNCT
ejsice-5084	233	1	quarterly	quarterly	ADJ
ejsice-5084	233	2	journal	journal	NOUN
ejsice-5084	233	3	of	of	ADP
ejsice-5084	233	4	economics	economic	NOUN
ejsice-5084	233	5	,	,	PUNCT
ejsice-5084	233	6	118(1	118(1	NUM
ejsice-5084	233	7	)	)	PUNCT
ejsice-5084	233	8	.	.	PUNCT
ejsice-5084	234	1	hansen	hansen	PROPN
ejsice-5084	234	2	,	,	PUNCT
ejsice-5084	234	3	b.e	b.e	PROPN
ejsice-5084	234	4	.	.	PROPN
ejsice-5084	234	5	(	(	PUNCT
ejsice-5084	234	6	2000	2000	NUM
ejsice-5084	234	7	)	)	PUNCT
ejsice-5084	234	8	.	.	PUNCT
ejsice-5084	235	1	sample	sample	NOUN
ejsice-5084	235	2	splitting	splitting	NOUN
ejsice-5084	235	3	and	and	CCONJ
ejsice-5084	235	4	threshold	threshold	NOUN
ejsice-5084	235	5	estimation	estimation	NOUN
ejsice-5084	235	6	.	.	PUNCT
ejsice-5084	236	1	econometrica	econometrica	PROPN
ejsice-5084	236	2	,	,	PUNCT
ejsice-5084	236	3	68	68	NUM
ejsice-5084	236	4	,	,	PUNCT
ejsice-5084	236	5	575	575	NUM
ejsice-5084	236	6	-	-	SYM
ejsice-5084	236	7	603	603	NUM
ejsice-5084	236	8	.	.	PUNCT
ejsice-5084	237	1	hergli	hergli	PROPN
ejsice-5084	237	2	,	,	PUNCT
ejsice-5084	237	3	m.	m.	NOUN
ejsice-5084	237	4	,	,	PUNCT
ejsice-5084	237	5	bellalah	bellalah	NOUN
ejsice-5084	237	6	,	,	PUNCT
ejsice-5084	237	7	m.	m.	NOUN
ejsice-5084	237	8	,	,	PUNCT
ejsice-5084	237	9	abdennadher	abdennadher	ADV
ejsice-5084	237	10	,	,	PUNCT
ejsice-5084	237	11	n.	n.	PROPN
ejsice-5084	237	12	(	(	PUNCT
ejsice-5084	237	13	2007	2007	NUM
ejsice-5084	237	14	)	)	PUNCT
ejsice-5084	237	15	.	.	PUNCT
ejsice-5084	238	1	gouvernance	gouvernance	PROPN
ejsice-5084	238	2	d'entreprise	d'entreprise	PROPN
ejsice-5084	238	3	et	et	PROPN
ejsice-5084	238	4	valeurs	valeurs	PROPN
ejsice-5084	238	5	de	de	X
ejsice-5084	238	6	marché	marché	PROPN
ejsice-5084	238	7	en	en	PROPN
ejsice-5084	238	8	tunisie	tunisie	PROPN
ejsice-5084	238	9	.	.	PUNCT
ejsice-5084	239	1	4th	4th	ADJ
ejsice-5084	239	2	international	international	ADJ
ejsice-5084	239	3	finance	finance	NOUN
ejsice-5084	239	4	conference	conference	NOUN
ejsice-5084	239	5	,	,	PUNCT
ejsice-5084	239	6	hammamat	hammamat	ADJ
ejsice-5084	239	7	,	,	PUNCT
ejsice-5084	239	8	tunis	tunis	PROPN
ejsice-5084	239	9	.	.	PUNCT
ejsice-5084	240	1	horstmeyer	horstmeyer	PROPN
ejsice-5084	240	2	,	,	PUNCT
ejsice-5084	240	3	d.	d.	PROPN
ejsice-5084	240	4	,	,	PUNCT
ejsice-5084	240	5	&	&	CCONJ
ejsice-5084	240	6	wells	wells	PROPN
ejsice-5084	240	7	,	,	PUNCT
ejsice-5084	240	8	k.	k.	PROPN
ejsice-5084	240	9	(	(	PUNCT
ejsice-5084	240	10	2017	2017	NUM
ejsice-5084	240	11	)	)	PUNCT
ejsice-5084	240	12	.	.	PUNCT
ejsice-5084	241	1	when	when	SCONJ
ejsice-5084	241	2	do	do	AUX
ejsice-5084	241	3	governance	governance	NOUN
ejsice-5084	241	4	mechanisms	mechanism	NOUN
ejsice-5084	241	5	matter	matter	VERB
ejsice-5084	241	6	most	most	ADV
ejsice-5084	241	7	?	?	PUNCT
ejsice-5084	242	1	http://www.ojs.unito.it/index.php/ejsice/index	http://www.ojs.unito.it/index.php/ejsice/index	PROPN
ejsice-5084	242	2	european	european	PROPN
ejsice-5084	242	3	journal	journal	PROPN
ejsice-5084	242	4	of	of	ADP
ejsice-5084	242	5	social	social	ADJ
ejsice-5084	242	6	impact	impact	NOUN
ejsice-5084	242	7	and	and	CCONJ
ejsice-5084	242	8	circular	circular	ADJ
ejsice-5084	242	9	economy	economy	NOUN
ejsice-5084	242	10	issn	issn	NOUN
ejsice-5084	242	11	:	:	PUNCT
ejsice-5084	242	12	2704	2704	NUM
ejsice-5084	242	13	-	-	SYM
ejsice-5084	242	14	9906	9906	NUM
ejsice-5084	242	15	doi:10.13135/2704	doi:10.13135/2704	NOUN
ejsice-5084	242	16	-	-	PUNCT
ejsice-5084	242	17	9906/5084	9906/5084	NUM
ejsice-5084	242	18	published	publish	VERB
ejsice-5084	242	19	by	by	ADP
ejsice-5084	242	20	university	university	PROPN
ejsice-5084	242	21	of	of	ADP
ejsice-5084	242	22	turin	turin	PROPN
ejsice-5084	242	23	http://www.ojs.unito.it/index.php/ejsice/index	http://www.ojs.unito.it/index.php/ejsice/index	PROPN
ejsice-5084	242	24	ejsice	ejsice	PROPN
ejsice-5084	242	25	content	content	NOUN
ejsice-5084	242	26	is	be	AUX
ejsice-5084	242	27	licensed	license	VERB
ejsice-5084	242	28	under	under	ADP
ejsice-5084	242	29	a	a	DET
ejsice-5084	242	30	creative	creative	ADJ
ejsice-5084	242	31	commons	common	NOUN
ejsice-5084	242	32	attribution	attribution	NOUN
ejsice-5084	242	33	4.0	4.0	NUM
ejsice-5084	242	34	internationallicense	internationallicense	NOUN
ejsice-5084	242	35	16	16	NUM
ejsice-5084	242	36	hutahayan	hutahayan	NOUN
ejsice-5084	242	37	,	,	PUNCT
ejsice-5084	242	38	b.	b.	PROPN
ejsice-5084	242	39	(	(	PUNCT
ejsice-5084	242	40	2020	2020	NUM
ejsice-5084	242	41	)	)	PUNCT
ejsice-5084	242	42	.	.	PUNCT
ejsice-5084	243	1	factors	factor	NOUN
ejsice-5084	243	2	affecting	affect	VERB
ejsice-5084	243	3	good	good	ADJ
ejsice-5084	243	4	governance	governance	NOUN
ejsice-5084	243	5	of	of	ADP
ejsice-5084	243	6	performance	performance	NOUN
ejsice-5084	243	7	management	management	NOUN
ejsice-5084	243	8	.	.	PUNCT
ejsice-5084	244	1	in	in	ADP
ejsice-5084	244	2	facing	face	VERB
ejsice-5084	244	3	global	global	ADJ
ejsice-5084	244	4	digital	digital	ADJ
ejsice-5084	244	5	revolution	revolution	NOUN
ejsice-5084	244	6	:	:	PUNCT
ejsice-5084	244	7	proceedings	proceeding	NOUN
ejsice-5084	244	8	of	of	ADP
ejsice-5084	244	9	the	the	DET
ejsice-5084	244	10	1st	1st	ADJ
ejsice-5084	244	11	international	international	ADJ
ejsice-5084	244	12	conference	conference	NOUN
ejsice-5084	244	13	on	on	ADP
ejsice-5084	244	14	economics	economic	NOUN
ejsice-5084	244	15	,	,	PUNCT
ejsice-5084	244	16	management	management	NOUN
ejsice-5084	244	17	,	,	PUNCT
ejsice-5084	244	18	and	and	CCONJ
ejsice-5084	244	19	accounting	accounting	NOUN
ejsice-5084	244	20	(	(	PUNCT
ejsice-5084	244	21	bes	bes	PROPN
ejsice-5084	244	22	2019	2019	NUM
ejsice-5084	244	23	)	)	PUNCT
ejsice-5084	244	24	,	,	PUNCT
ejsice-5084	244	25	july	july	PROPN
ejsice-5084	244	26	10	10	NUM
ejsice-5084	244	27	,	,	PUNCT
ejsice-5084	244	28	2019	2019	NUM
ejsice-5084	244	29	,	,	PUNCT
ejsice-5084	244	30	semarang	semarang	PROPN
ejsice-5084	244	31	,	,	PUNCT
ejsice-5084	244	32	indonesia	indonesia	PROPN
ejsice-5084	244	33	(	(	PUNCT
ejsice-5084	244	34	p.	p.	NOUN
ejsice-5084	244	35	207	207	NUM
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ejsice-5084	244	37	.	.	PUNCT
ejsice-5084	245	1	routledge	routledge	PROPN
ejsice-5084	245	2	.	.	PUNCT
ejsice-5084	246	1	mejdoub	mejdoub	PROPN
ejsice-5084	246	2	,	,	PUNCT
ejsice-5084	246	3	i.	i.	NOUN
ejsice-5084	246	4	(	(	PUNCT
ejsice-5084	246	5	2008	2008	NUM
ejsice-5084	246	6	)	)	PUNCT
ejsice-5084	246	7	.	.	PUNCT
ejsice-5084	247	1	mécanismes	mécanismes	PROPN
ejsice-5084	247	2	de	de	X
ejsice-5084	247	3	gouvernance	gouvernance	PROPN
ejsice-5084	247	4	et	et	PROPN
ejsice-5084	247	5	performance	performance	NOUN
ejsice-5084	247	6	financière	financière	PROPN
ejsice-5084	247	7	des	des	PROPN
ejsice-5084	247	8	entreprises	entreprises	PROPN
ejsice-5084	247	9	:	:	PUNCT
ejsice-5084	247	10	un	un	PROPN
ejsice-5084	247	11	état	état	PROPN
ejsice-5084	247	12	de	de	PROPN
ejsice-5084	247	13	l’art	l’art	PROPN
ejsice-5084	247	14	.	.	PUNCT
ejsice-5084	248	1	7èmecolloque	7èmecolloque	NUM
ejsice-5084	248	2	international	international	ADJ
ejsice-5084	248	3	de	de	X
ejsice-5084	248	4	la	la	X
ejsice-5084	248	5	recherche	recherche	X
ejsice-5084	248	6	en	en	X
ejsice-5084	248	7	sciences	sciences	PROPN
ejsice-5084	248	8	de	de	X
ejsice-5084	248	9	gestion	gestion	PROPN
ejsice-5084	248	10	.	.	PUNCT
ejsice-5084	249	1	hôtel	hôtel	PROPN
ejsice-5084	249	2	le	le	PROPN
ejsice-5084	249	3	royal	royal	PROPN
ejsice-5084	249	4	.	.	PUNCT
ejsice-5084	249	5	naciri	naciri	PROPN
ejsice-5084	249	6	,	,	PUNCT
ejsice-5084	249	7	a.	a.	NOUN
ejsice-5084	249	8	(	(	PUNCT
ejsice-5084	249	9	2006	2006	NUM
ejsice-5084	249	10	)	)	PUNCT
ejsice-5084	249	11	.	.	PUNCT
ejsice-5084	250	1	traité	traité	PROPN
ejsice-5084	250	2	de	de	PROPN
ejsice-5084	250	3	gouvernance	gouvernance	PROPN
ejsice-5084	250	4	corporative	corporative	NOUN
ejsice-5084	250	5	.	.	PUNCT
ejsice-5084	251	1	les	les	NOUN
ejsice-5084	251	2	presses	press	NOUN
ejsice-5084	251	3	de	de	X
ejsice-5084	251	4	l’université	l’université	NOUN
ejsice-5084	251	5	laval	laval	NOUN
ejsice-5084	251	6	.	.	PUNCT
ejsice-5084	252	1	peter	peter	PROPN
ejsice-5084	252	2	,	,	PUNCT
ejsice-5084	252	3	k.	k.	PROPN
ejsice-5084	252	4	shapiro	shapiro	PROPN
ejsice-5084	252	5	,	,	PUNCT
ejsice-5084	252	6	d.	d.	PROPN
ejsice-5084	252	7	,	,	PUNCT
ejsice-5084	252	8	young	young	PROPN
ejsice-5084	252	9	,	,	PUNCT
ejsice-5084	252	10	j.	j.	PROPN
ejsice-5084	252	11	(	(	PUNCT
ejsice-5084	252	12	2005	2005	NUM
ejsice-5084	252	13	)	)	PUNCT
ejsice-5084	252	14	.	.	PUNCT
ejsice-5084	253	1	corporate	corporate	ADJ
ejsice-5084	253	2	governance	governance	NOUN
ejsice-5084	253	3	,	,	PUNCT
ejsice-5084	253	4	family	family	NOUN
ejsice-5084	253	5	ownership	ownership	NOUN
ejsice-5084	253	6	and	and	CCONJ
ejsice-5084	253	7	firm	firm	ADJ
ejsice-5084	253	8	value	value	NOUN
ejsice-5084	253	9	:	:	PUNCT
ejsice-5084	253	10	the	the	DET
ejsice-5084	253	11	canadian	canadian	ADJ
ejsice-5084	253	12	evidence	evidence	NOUN
ejsice-5084	253	13	”	"	PUNCT
ejsice-5084	253	14	,	,	PUNCT
ejsice-5084	253	15	corporate	corporate	ADJ
ejsice-5084	253	16	governance	governance	NOUN
ejsice-5084	253	17	,	,	PUNCT
ejsice-5084	253	18	13(6	13(6	PROPN
ejsice-5084	253	19	)	)	PUNCT
ejsice-5084	253	20	,	,	PUNCT
ejsice-5084	253	21	769	769	NUM
ejsice-5084	253	22	-	-	SYM
ejsice-5084	253	23	784	784	NUM
ejsice-5084	253	24	.	.	PUNCT
ejsice-5084	254	1	rosenstein	rosenstein	NOUN
ejsice-5084	254	2	,	,	PUNCT
ejsice-5084	254	3	s.	s.	PROPN
ejsice-5084	254	4	,	,	PUNCT
ejsice-5084	254	5	wyatt	wyatt	PROPN
ejsice-5084	254	6	,	,	PUNCT
ejsice-5084	254	7	j.g	j.g	PROPN
ejsice-5084	254	8	.	.	PROPN
ejsice-5084	254	9	(	(	PUNCT
ejsice-5084	254	10	1990	1990	NUM
ejsice-5084	254	11	)	)	PUNCT
ejsice-5084	254	12	.	.	PUNCT
ejsice-5084	255	1	outside	outside	ADJ
ejsice-5084	255	2	directors	director	NOUN
ejsice-5084	255	3	,	,	PUNCT
ejsice-5084	255	4	board	board	NOUN
ejsice-5084	255	5	indépendence	indépendence	NOUN
ejsice-5084	255	6	,	,	PUNCT
ejsice-5084	255	7	and	and	CCONJ
ejsice-5084	255	8	schareholder	schareholder	ADJ
ejsice-5084	255	9	wealth	wealth	NOUN
ejsice-5084	255	10	.	.	PUNCT
ejsice-5084	256	1	journal	journal	PROPN
ejsice-5084	256	2	of	of	ADP
ejsice-5084	256	3	financial	financial	ADJ
ejsice-5084	256	4	economics	economic	NOUN
ejsice-5084	256	5	26	26	NUM
ejsice-5084	256	6	,	,	PUNCT
ejsice-5084	256	7	175	175	NUM
ejsice-5084	256	8	-	-	SYM
ejsice-5084	256	9	191	191	NUM
ejsice-5084	256	10	.	.	PUNCT
ejsice-5084	257	1	sajko	sajko	NOUN
ejsice-5084	257	2	,	,	PUNCT
ejsice-5084	257	3	m.	m.	NOUN
ejsice-5084	257	4	,	,	PUNCT
ejsice-5084	257	5	boone	boone	PROPN
ejsice-5084	257	6	,	,	PUNCT
ejsice-5084	257	7	c.	c.	PROPN
ejsice-5084	257	8	,	,	PUNCT
ejsice-5084	257	9	&	&	CCONJ
ejsice-5084	257	10	wernicke	wernicke	PROPN
ejsice-5084	257	11	,	,	PUNCT
ejsice-5084	257	12	g.	g.	PROPN
ejsice-5084	257	13	2017	2017	NUM
ejsice-5084	257	14	.	.	PUNCT
ejsice-5084	258	1	how	how	SCONJ
ejsice-5084	258	2	much	much	ADJ
ejsice-5084	258	3	do	do	AUX
ejsice-5084	258	4	ceos	ceos	NOUN
ejsice-5084	258	5	matter	matter	VERB
ejsice-5084	258	6	for	for	ADP
ejsice-5084	258	7	corporate	corporate	ADJ
ejsice-5084	258	8	social	social	ADJ
ejsice-5084	258	9	performance	performance	NOUN
ejsice-5084	258	10	?	?	PUNCT
ejsice-5084	259	1	academy	academy	NOUN
ejsice-5084	259	2	of	of	ADP
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ejsice-5084	259	5	.	.	PUNCT
ejsice-5084	260	1	shome	shome	PROPN
ejsice-5084	260	2	,	,	PUNCT
ejsice-5084	260	3	d.k	d.k	PROPN
ejsice-5084	260	4	.	.	PROPN
ejsice-5084	260	5	singh	singh	PROPN
ejsice-5084	260	6	,	,	PUNCT
ejsice-5084	260	7	s.	s.	PROPN
ejsice-5084	260	8	(	(	PUNCT
ejsice-5084	260	9	1995	1995	NUM
ejsice-5084	260	10	)	)	PUNCT
ejsice-5084	260	11	.	.	PUNCT
ejsice-5084	261	1	firm	firm	ADJ
ejsice-5084	261	2	value	value	NOUN
ejsice-5084	261	3	and	and	CCONJ
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ejsice-5084	261	5	blockholdings	blockholding	NOUN
ejsice-5084	261	6	.	.	PUNCT
ejsice-5084	262	1	financial	financial	ADJ
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ejsice-5084	262	3	,	,	PUNCT
ejsice-5084	262	4	24(4	24(4	NOUN
ejsice-5084	262	5	)	)	PUNCT
ejsice-5084	262	6	,	,	PUNCT
ejsice-5084	262	7	3	3	NUM
ejsice-5084	262	8	-	-	SYM
ejsice-5084	262	9	14	14	NUM
ejsice-5084	262	10	.	.	PUNCT
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ejsice-5084	263	2	,	,	PUNCT
ejsice-5084	263	3	a.	a.	PROPN
ejsice-5084	263	4	,	,	PUNCT
ejsice-5084	263	5	&	&	CCONJ
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ejsice-5084	263	8	s.	s.	PROPN
ejsice-5084	263	9	(	(	PUNCT
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ejsice-5084	263	11	)	)	PUNCT
ejsice-5084	263	12	.	.	PUNCT
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ejsice-5084	264	4	ownership	ownership	NOUN
ejsice-5084	264	5	and	and	CCONJ
ejsice-5084	264	6	governance	governance	NOUN
ejsice-5084	264	7	on	on	ADP
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ejsice-5084	264	9	:	:	PUNCT
ejsice-5084	264	10	evidence	evidence	NOUN
ejsice-5084	264	11	from	from	ADP
ejsice-5084	264	12	india	india	PROPN
ejsice-5084	264	13	.	.	PUNCT
ejsice-5084	265	1	global	global	ADJ
ejsice-5084	265	2	business	business	PROPN
ejsice-5084	265	3	review	review	PROPN
ejsice-5084	265	4	.	.	PUNCT
ejsice-5084	266	1	stine	stine	PROPN
ejsice-5084	266	2	,	,	PUNCT
ejsice-5084	266	3	r.a	r.a	PROPN
ejsice-5084	266	4	.	.	PROPN
ejsice-5084	266	5	(	(	PUNCT
ejsice-5084	266	6	1995	1995	NUM
ejsice-5084	266	7	)	)	PUNCT
ejsice-5084	266	8	.	.	PUNCT
ejsice-5084	267	1	graphical	graphical	ADJ
ejsice-5084	267	2	interpretation	interpretation	NOUN
ejsice-5084	267	3	of	of	ADP
ejsice-5084	267	4	variance	variance	NOUN
ejsice-5084	267	5	inflation	inflation	NOUN
ejsice-5084	267	6	factor	factor	NOUN
ejsice-5084	267	7	.	.	PUNCT
ejsice-5084	268	1	the	the	DET
ejsice-5084	268	2	american	american	PROPN
ejsice-5084	268	3	statistician	statistician	PROPN
ejsice-5084	268	4	,	,	PUNCT
ejsice-5084	268	5	49	49	NUM
ejsice-5084	268	6	.	.	PUNCT
ejsice-5084	269	1	weir	weir	PROPN
ejsice-5084	269	2	,	,	PUNCT
ejsice-5084	269	3	c.	c.	PROPN
ejsice-5084	269	4	,	,	PUNCT
ejsice-5084	269	5	laing	laing	PROPN
ejsice-5084	269	6	,	,	PUNCT
ejsice-5084	269	7	d.	d.	PROPN
ejsice-5084	269	8	,	,	PUNCT
ejsice-5084	269	9	mcknight	mcknight	PROPN
ejsice-5084	269	10	,	,	PUNCT
ejsice-5084	269	11	p.j	p.j	PROPN
ejsice-5084	269	12	.	.	PROPN
ejsice-5084	269	13	(	(	PUNCT
ejsice-5084	269	14	2002	2002	NUM
ejsice-5084	269	15	)	)	PUNCT
ejsice-5084	269	16	.	.	PUNCT
ejsice-5084	270	1	internal	internal	ADJ
ejsice-5084	270	2	and	and	CCONJ
ejsice-5084	270	3	external	external	ADJ
ejsice-5084	270	4	governance	governance	NOUN
ejsice-5084	270	5	mechanisms	mechanism	NOUN
ejsice-5084	270	6	:	:	PUNCT
ejsice-5084	270	7	their	their	PRON
ejsice-5084	270	8	impact	impact	NOUN
ejsice-5084	270	9	on	on	ADP
ejsice-5084	270	10	the	the	DET
ejsice-5084	270	11	performance	performance	NOUN
ejsice-5084	270	12	of	of	ADP
ejsice-5084	270	13	large	large	ADJ
ejsice-5084	270	14	uk	uk	PROPN
ejsice-5084	270	15	public	public	ADJ
ejsice-5084	270	16	companies	company	NOUN
ejsice-5084	270	17	.	.	PUNCT
ejsice-5084	271	1	journal	journal	PROPN
ejsice-5084	271	2	of	of	ADP
ejsice-5084	271	3	business	business	NOUN
ejsice-5084	271	4	finance	finance	NOUN
ejsice-5084	271	5	and	and	CCONJ
ejsice-5084	271	6	accounting	accounting	NOUN
ejsice-5084	271	7	,	,	PUNCT
ejsice-5084	271	8	29	29	NUM
ejsice-5084	271	9	,	,	PUNCT
ejsice-5084	271	10	579–611	579–611	NUM
ejsice-5084	271	11	.	.	PUNCT
ejsice-5084	272	1	widodo	widodo	PROPN
ejsice-5084	272	2	,	,	PUNCT
ejsice-5084	272	3	d.	d.	PROPN
ejsice-5084	272	4	s.	s.	PROPN
ejsice-5084	272	5	,	,	PUNCT
ejsice-5084	272	6	silitonga	silitonga	ADV
ejsice-5084	272	7	,	,	PUNCT
ejsice-5084	272	8	p.	p.	PROPN
ejsice-5084	272	9	,	,	PUNCT
ejsice-5084	272	10	&	&	CCONJ
ejsice-5084	272	11	ali	ali	PROPN
ejsice-5084	272	12	,	,	PUNCT
ejsice-5084	272	13	h.	h.	PROPN
ejsice-5084	272	14	(	(	PUNCT
ejsice-5084	272	15	2020	2020	NUM
ejsice-5084	272	16	)	)	PUNCT
ejsice-5084	272	17	.	.	PUNCT
ejsice-5084	273	1	the	the	DET
ejsice-5084	273	2	influence	influence	NOUN
ejsice-5084	273	3	of	of	ADP
ejsice-5084	273	4	good	good	ADJ
ejsice-5084	273	5	governance	governance	NOUN
ejsice-5084	273	6	,	,	PUNCT
ejsice-5084	273	7	culture	culture	NOUN
ejsice-5084	273	8	,	,	PUNCT
ejsice-5084	273	9	and	and	CCONJ
ejsice-5084	273	10	performance	performance	NOUN
ejsice-5084	273	11	in	in	ADP
ejsice-5084	273	12	increasing	increase	VERB
ejsice-5084	273	13	public	public	ADJ
ejsice-5084	273	14	satisfaction	satisfaction	NOUN
ejsice-5084	273	15	and	and	CCONJ
ejsice-5084	273	16	implication	implication	NOUN
ejsice-5084	273	17	to	to	ADP
ejsice-5084	273	18	public	public	ADJ
ejsice-5084	273	19	trust	trust	NOUN
ejsice-5084	273	20	:	:	PUNCT
ejsice-5084	273	21	study	study	NOUN
ejsice-5084	273	22	in	in	ADP
ejsice-5084	273	23	indonesian	indonesian	ADJ
ejsice-5084	273	24	government	government	NOUN
ejsice-5084	273	25	.	.	PUNCT
ejsice-5084	274	1	talent	talent	NOUN
ejsice-5084	274	2	development	development	PROPN
ejsice-5084	274	3	&	&	CCONJ
ejsice-5084	274	4	excellence	excellence	PROPN
ejsice-5084	274	5	,	,	PUNCT
ejsice-5084	274	6	12(2	12(2	NUM
ejsice-5084	274	7	)	)	PUNCT
ejsice-5084	274	8	.	.	PUNCT
ejsice-5084	275	1	wirtz	wirtz	PROPN
ejsice-5084	275	2	,	,	PUNCT
ejsice-5084	275	3	p.	p.	NOUN
ejsice-5084	275	4	(	(	PUNCT
ejsice-5084	275	5	2004	2004	NUM
ejsice-5084	275	6	)	)	PUNCT
ejsice-5084	275	7	.	.	PUNCT
ejsice-5084	276	1	meilleures	meilleures	PROPN
ejsice-5084	276	2	pratiques	pratiques	X
ejsice-5084	276	3	de	de	X
ejsice-5084	276	4	gouvernance	gouvernance	PROPN
ejsice-5084	276	5	,	,	PUNCT
ejsice-5084	276	6	théorie	théorie	PROPN
ejsice-5084	276	7	de	de	PROPN
ejsice-5084	276	8	la	la	PROPN
ejsice-5084	276	9	firme	firme	PROPN
ejsice-5084	276	10	et	et	PROPN
ejsice-5084	276	11	modèles	modèles	PROPN
ejsice-5084	276	12	de	de	X
ejsice-5084	276	13	création	création	PROPN
ejsice-5084	276	14	de	de	PROPN
ejsice-5084	276	15	valeur	valeur	PROPN
ejsice-5084	276	16	:	:	PUNCT
ejsice-5084	276	17	une	une	PROPN
ejsice-5084	276	18	appréciation	appréciation	PROPN
ejsice-5084	276	19	critique	critique	PROPN
ejsice-5084	276	20	des	des	PROPN
ejsice-5084	276	21	codes	codes	PROPN
ejsice-5084	276	22	de	de	PROPN
ejsice-5084	276	23	bonne	bonne	PROPN
ejsice-5084	276	24	conduite	conduite	PROPN
ejsice-5084	276	25	.	.	PUNCT
ejsice-5084	277	1	cahier140du	cahier140du	VERB
ejsice-5084	277	2	fargo	fargo	PROPN
ejsice-5084	277	3	n	n	CCONJ
ejsice-5084	277	4	°	°	NUM
ejsice-5084	277	5	1040401	1040401	NUM
ejsice-5084	277	6	.	.	PUNCT
ejsice-5084	278	1	fargo	fargo	PROPN
ejsice-5084	278	2	centre	centre	PROPN
ejsice-5084	278	3	de	de	X
ejsice-5084	278	4	recherche	recherche	X
ejsice-5084	278	5	en	en	X
ejsice-5084	278	6	finance	finance	NOUN
ejsice-5084	278	7	,	,	PUNCT
ejsice-5084	278	8	architecture	architecture	NOUN
ejsice-5084	278	9	et	et	NOUN
ejsice-5084	278	10	gouvernance	gouvernance	NOUN
ejsice-5084	278	11	desorganisations	desorganisation	NOUN
ejsice-5084	278	12	.	.	PUNCT
ejsice-5084	279	1	yermack	yermack	PROPN
ejsice-5084	279	2	,	,	PUNCT
ejsice-5084	279	3	d.	d.	PROPN
ejsice-5084	279	4	(	(	PUNCT
ejsice-5084	279	5	1996	1996	NUM
ejsice-5084	279	6	)	)	PUNCT
ejsice-5084	279	7	.	.	PUNCT
ejsice-5084	280	1	higher	high	ADJ
ejsice-5084	280	2	market	market	NOUN
ejsice-5084	280	3	valuation	valuation	NOUN
ejsice-5084	280	4	of	of	ADP
ejsice-5084	280	5	companies	company	NOUN
ejsice-5084	280	6	with	with	ADP
ejsice-5084	280	7	a	a	DET
ejsice-5084	280	8	small	small	ADJ
ejsice-5084	280	9	board	board	NOUN
ejsice-5084	280	10	of	of	ADP
ejsice-5084	280	11	directors.journal	directors.journal	PROPN
ejsice-5084	280	12	of	of	ADP
ejsice-5084	280	13	financial	financial	ADJ
ejsice-5084	280	14	economics	economic	NOUN
ejsice-5084	280	15	,	,	PUNCT
ejsice-5084	280	16	40	40	NUM
ejsice-5084	280	17	,	,	PUNCT
ejsice-5084	280	18	185	185	NUM
ejsice-5084	280	19	-	-	SYM
ejsice-5084	280	20	211	211	NUM
ejsice-5084	280	21	.	.	PUNCT