id	sid	tid	token	lemma	pos
framr-1737	1	1	40	40	NUM
framr-1737	1	2	©	©	PROPN
framr-1737	1	3	2020	2020	NUM
framr-1737	1	4	conscientia	conscientia	PROPN
framr-1737	1	5	beam	beam	PROPN
framr-1737	1	6	.	.	PUNCT
framr-1737	2	1	all	all	DET
framr-1737	2	2	rights	right	NOUN
framr-1737	2	3	reserved	reserve	VERB
framr-1737	2	4	.	.	PUNCT
framr-1737	3	1	factors	factor	NOUN
framr-1737	3	2	affecting	affect	VERB
framr-1737	3	3	the	the	DET
framr-1737	3	4	capital	capital	NOUN
framr-1737	3	5	structure	structure	NOUN
framr-1737	3	6	of	of	ADP
framr-1737	3	7	the	the	DET
framr-1737	3	8	textile	textile	NOUN
framr-1737	3	9	industry	industry	NOUN
framr-1737	3	10	in	in	ADP
framr-1737	3	11	bangladesh	bangladesh	PROPN
framr-1737	3	12	:	:	PUNCT
framr-1737	3	13	an	an	DET
framr-1737	3	14	inferential	inferential	ADJ
framr-1737	3	15	study	study	NOUN
framr-1737	3	16	aysha	aysha	PROPN
framr-1737	3	17	ashraf1	ashraf1	PROPN
framr-1737	3	18	sonia	sonia	PROPN
framr-1737	3	19	rezina2	rezina2	PROPN
framr-1737	4	1	+	+	CCONJ
framr-1737	5	1	1assistant	1assistant	NUM
framr-1737	5	2	professor	professor	NOUN
framr-1737	5	3	of	of	ADP
framr-1737	5	4	finance	finance	NOUN
framr-1737	5	5	,	,	PUNCT
framr-1737	5	6	school	school	NOUN
framr-1737	5	7	of	of	ADP
framr-1737	5	8	business	business	NOUN
framr-1737	5	9	,	,	PUNCT
framr-1737	5	10	asian	asian	ADJ
framr-1737	5	11	university	university	PROPN
framr-1737	5	12	of	of	ADP
framr-1737	5	13	bangladesh	bangladesh	PROPN
framr-1737	5	14	.	.	PUNCT
framr-1737	6	1	2assistant	2assistant	NUM
framr-1737	6	2	professor	professor	NOUN
framr-1737	6	3	,	,	PUNCT
framr-1737	6	4	school	school	NOUN
framr-1737	6	5	of	of	ADP
framr-1737	6	6	business	business	NOUN
framr-1737	6	7	,	,	PUNCT
framr-1737	6	8	uttara	uttara	PROPN
framr-1737	6	9	university	university	PROPN
framr-1737	6	10	,	,	PUNCT
framr-1737	6	11	dhaka	dhaka	PROPN
framr-1737	6	12	,	,	PUNCT
framr-1737	6	13	bangladesh	bangladesh	PROPN
framr-1737	6	14	.	.	PUNCT
framr-1737	7	1	(	(	PUNCT
framr-1737	7	2	+	+	CCONJ
framr-1737	7	3	corresponding	correspond	VERB
framr-1737	7	4	author	author	NOUN
framr-1737	7	5	)	)	PUNCT
framr-1737	7	6	abstract	abstract	ADJ
framr-1737	7	7	article	article	NOUN
framr-1737	7	8	history	history	NOUN
framr-1737	7	9	received	receive	VERB
framr-1737	7	10	:	:	PUNCT
framr-1737	7	11	19	19	NUM
framr-1737	7	12	may	may	PROPN
framr-1737	7	13	2020	2020	NUM
framr-1737	7	14	revised	revise	VERB
framr-1737	7	15	:	:	PUNCT
framr-1737	7	16	22	22	NUM
framr-1737	7	17	june	june	PROPN
framr-1737	7	18	2020	2020	NUM
framr-1737	7	19	accepted	accept	VERB
framr-1737	7	20	:	:	PUNCT
framr-1737	7	21	24	24	NUM
framr-1737	7	22	july	july	PROPN
framr-1737	7	23	2020	2020	NUM
framr-1737	7	24	published	publish	VERB
framr-1737	7	25	:	:	PUNCT
framr-1737	7	26	17	17	NUM
framr-1737	7	27	august	august	PROPN
framr-1737	7	28	2020	2020	NUM
framr-1737	7	29	keywords	keyword	VERB
framr-1737	7	30	capital	capital	NOUN
framr-1737	7	31	structure	structure	NOUN
framr-1737	7	32	trade	trade	NOUN
framr-1737	7	33	-	-	PUNCT
framr-1737	7	34	off	off	ADP
framr-1737	7	35	theory	theory	NOUN
framr-1737	7	36	leverage	leverage	NOUN
framr-1737	7	37	profitability	profitability	NOUN
framr-1737	7	38	tangibility	tangibility	NOUN
framr-1737	7	39	textile	textile	NOUN
framr-1737	7	40	industry	industry	NOUN
framr-1737	7	41	bangladesh	bangladesh	PROPN
framr-1737	7	42	.	.	PUNCT
framr-1737	8	1	jel	jel	PROPN
framr-1737	8	2	classification	classification	PROPN
framr-1737	8	3	:	:	PUNCT
framr-1737	8	4	g30	g30	NOUN
framr-1737	8	5	;	;	PUNCT
framr-1737	8	6	g32	g32	NOUN
framr-1737	8	7	;	;	PUNCT
framr-1737	8	8	l67	l67	PROPN
framr-1737	8	9	.	.	PUNCT
framr-1737	9	1	the	the	DET
framr-1737	9	2	main	main	ADJ
framr-1737	9	3	objective	objective	NOUN
framr-1737	9	4	of	of	ADP
framr-1737	9	5	the	the	DET
framr-1737	9	6	study	study	NOUN
framr-1737	9	7	is	be	AUX
framr-1737	9	8	to	to	PART
framr-1737	9	9	recognize	recognize	VERB
framr-1737	9	10	the	the	DET
framr-1737	9	11	major	major	ADJ
framr-1737	9	12	factors	factor	NOUN
framr-1737	9	13	influencing	influence	VERB
framr-1737	9	14	the	the	DET
framr-1737	9	15	capital	capital	NOUN
framr-1737	9	16	structure	structure	NOUN
framr-1737	9	17	of	of	ADP
framr-1737	9	18	the	the	DET
framr-1737	9	19	textile	textile	NOUN
framr-1737	9	20	firms	firm	NOUN
framr-1737	9	21	and	and	CCONJ
framr-1737	9	22	to	to	PART
framr-1737	9	23	identify	identify	VERB
framr-1737	9	24	the	the	DET
framr-1737	9	25	association	association	NOUN
framr-1737	9	26	among	among	ADP
framr-1737	9	27	them	they	PRON
framr-1737	9	28	from	from	ADP
framr-1737	9	29	the	the	DET
framr-1737	9	30	context	context	NOUN
framr-1737	9	31	of	of	ADP
framr-1737	9	32	bangladesh	bangladesh	NOUN
framr-1737	9	33	.	.	PUNCT
framr-1737	10	1	the	the	DET
framr-1737	10	2	researchers	researcher	NOUN
framr-1737	10	3	reviewed	review	VERB
framr-1737	10	4	different	different	ADJ
framr-1737	10	5	conditional	conditional	ADJ
framr-1737	10	6	theories	theory	NOUN
framr-1737	10	7	of	of	ADP
framr-1737	10	8	capital	capital	NOUN
framr-1737	10	9	structure	structure	NOUN
framr-1737	10	10	before	before	ADP
framr-1737	10	11	identifying	identify	VERB
framr-1737	10	12	the	the	DET
framr-1737	10	13	determinants	determinant	NOUN
framr-1737	10	14	of	of	ADP
framr-1737	10	15	the	the	DET
framr-1737	10	16	textile	textile	NOUN
framr-1737	10	17	firms	firm	NOUN
framr-1737	10	18	.	.	PUNCT
framr-1737	11	1	for	for	ADP
framr-1737	11	2	this	this	DET
framr-1737	11	3	purpose	purpose	NOUN
framr-1737	11	4	,	,	PUNCT
framr-1737	11	5	panel	panel	NOUN
framr-1737	11	6	data	datum	NOUN
framr-1737	11	7	for	for	ADP
framr-1737	11	8	a	a	DET
framr-1737	11	9	-	-	PUNCT
framr-1737	11	10	category	category	NOUN
framr-1737	11	11	listed	list	VERB
framr-1737	11	12	textile	textile	NOUN
framr-1737	11	13	companies	company	NOUN
framr-1737	11	14	of	of	ADP
framr-1737	11	15	the	the	DET
framr-1737	11	16	dhaka	dhaka	PROPN
framr-1737	11	17	stock	stock	PROPN
framr-1737	11	18	exchange	exchange	PROPN
framr-1737	11	19	were	be	AUX
framr-1737	11	20	selected	select	VERB
framr-1737	11	21	.	.	PUNCT
framr-1737	12	1	the	the	DET
framr-1737	12	2	study	study	NOUN
framr-1737	12	3	developed	develop	VERB
framr-1737	12	4	multiple	multiple	ADJ
framr-1737	12	5	regression	regression	NOUN
framr-1737	12	6	models	model	NOUN
framr-1737	12	7	for	for	ADP
framr-1737	12	8	the	the	DET
framr-1737	12	9	period	period	NOUN
framr-1737	12	10	2008	2008	NUM
framr-1737	12	11	to	to	ADP
framr-1737	12	12	2017	2017	NUM
framr-1737	12	13	.	.	PUNCT
framr-1737	13	1	key	key	ADJ
framr-1737	13	2	-independent	-independent	ADJ
framr-1737	13	3	variables	variable	NOUN
framr-1737	13	4	include	include	VERB
framr-1737	13	5	firm	firm	ADJ
framr-1737	13	6	profitability	profitability	NOUN
framr-1737	13	7	,	,	PUNCT
framr-1737	13	8	tangibility	tangibility	NOUN
framr-1737	13	9	,	,	PUNCT
framr-1737	13	10	growth	growth	NOUN
framr-1737	13	11	,	,	PUNCT
framr-1737	13	12	age	age	NOUN
framr-1737	13	13	,	,	PUNCT
framr-1737	13	14	liquidity	liquidity	NOUN
framr-1737	13	15	and	and	CCONJ
framr-1737	13	16	size	size	NOUN
framr-1737	13	17	.	.	PUNCT
framr-1737	14	1	leverage	leverage	NOUN
framr-1737	14	2	ratio	ratio	NOUN
framr-1737	14	3	was	be	AUX
framr-1737	14	4	used	use	VERB
framr-1737	14	5	as	as	ADP
framr-1737	14	6	the	the	DET
framr-1737	14	7	dependent	dependent	ADJ
framr-1737	14	8	variable	variable	NOUN
framr-1737	14	9	.	.	PUNCT
framr-1737	15	1	the	the	DET
framr-1737	15	2	study	study	NOUN
framr-1737	15	3	explored	explore	VERB
framr-1737	15	4	that	that	DET
framr-1737	15	5	profitability	profitability	NOUN
framr-1737	15	6	;	;	PUNCT
framr-1737	15	7	firm	firm	ADJ
framr-1737	15	8	size	size	NOUN
framr-1737	15	9	and	and	CCONJ
framr-1737	15	10	liquidity	liquidity	NOUN
framr-1737	15	11	have	have	VERB
framr-1737	15	12	significant	significant	ADJ
framr-1737	15	13	positive	positive	ADJ
framr-1737	15	14	relationship	relationship	NOUN
framr-1737	15	15	with	with	ADP
framr-1737	15	16	the	the	DET
framr-1737	15	17	debt	debt	NOUN
framr-1737	15	18	ratio	ratio	NOUN
framr-1737	15	19	,	,	PUNCT
framr-1737	15	20	which	which	PRON
framr-1737	15	21	is	be	AUX
framr-1737	15	22	consistent	consistent	ADJ
framr-1737	15	23	with	with	ADP
framr-1737	15	24	the	the	DET
framr-1737	15	25	trade	trade	NOUN
framr-1737	15	26	-	-	PUNCT
framr-1737	15	27	off	off	ADP
framr-1737	15	28	theory	theory	NOUN
framr-1737	15	29	.	.	PUNCT
framr-1737	16	1	on	on	ADP
framr-1737	16	2	the	the	DET
framr-1737	16	3	other	other	ADJ
framr-1737	16	4	hand	hand	NOUN
framr-1737	16	5	,	,	PUNCT
framr-1737	16	6	tangibility	tangibility	NOUN
framr-1737	16	7	,	,	PUNCT
framr-1737	16	8	growth	growth	NOUN
framr-1737	16	9	rate	rate	NOUN
framr-1737	16	10	and	and	CCONJ
framr-1737	16	11	age	age	NOUN
framr-1737	16	12	are	be	AUX
framr-1737	16	13	not	not	PART
framr-1737	16	14	significantly	significantly	ADV
framr-1737	16	15	related	relate	VERB
framr-1737	16	16	with	with	ADP
framr-1737	16	17	the	the	DET
framr-1737	16	18	said	say	VERB
framr-1737	16	19	ratio	ratio	NOUN
framr-1737	16	20	.	.	PUNCT
framr-1737	17	1	the	the	DET
framr-1737	17	2	findings	finding	NOUN
framr-1737	17	3	of	of	ADP
framr-1737	17	4	this	this	DET
framr-1737	17	5	study	study	NOUN
framr-1737	17	6	will	will	AUX
framr-1737	17	7	help	help	VERB
framr-1737	17	8	financial	financial	ADJ
framr-1737	17	9	managers	manager	NOUN
framr-1737	17	10	to	to	PART
framr-1737	17	11	make	make	VERB
framr-1737	17	12	the	the	DET
framr-1737	17	13	right	right	ADJ
framr-1737	17	14	decisions	decision	NOUN
framr-1737	17	15	on	on	ADP
framr-1737	17	16	fund	fund	NOUN
framr-1737	17	17	borrowing	borrowing	NOUN
framr-1737	17	18	and	and	CCONJ
framr-1737	17	19	equity	equity	NOUN
framr-1737	17	20	financing	financing	NOUN
framr-1737	17	21	.	.	PUNCT
framr-1737	18	1	then	then	ADV
framr-1737	18	2	they	they	PRON
framr-1737	18	3	can	can	AUX
framr-1737	18	4	use	use	VERB
framr-1737	18	5	borrowing	borrow	VERB
framr-1737	18	6	in	in	ADP
framr-1737	18	7	a	a	DET
framr-1737	18	8	proper	proper	ADJ
framr-1737	18	9	way	way	NOUN
framr-1737	18	10	to	to	PART
framr-1737	18	11	support	support	VERB
framr-1737	18	12	the	the	DET
framr-1737	18	13	market	market	NOUN
framr-1737	18	14	value	value	NOUN
framr-1737	18	15	of	of	ADP
framr-1737	18	16	their	their	PRON
framr-1737	18	17	companies	company	NOUN
framr-1737	18	18	.	.	PUNCT
framr-1737	19	1	contribution	contribution	NOUN
framr-1737	19	2	/	/	SYM
framr-1737	19	3	originality	originality	NOUN
framr-1737	19	4	:	:	PUNCT
framr-1737	19	5	this	this	DET
framr-1737	19	6	study	study	NOUN
framr-1737	19	7	is	be	AUX
framr-1737	19	8	one	one	NUM
framr-1737	19	9	of	of	ADP
framr-1737	19	10	the	the	DET
framr-1737	19	11	very	very	ADV
framr-1737	19	12	few	few	ADJ
framr-1737	19	13	studies	study	NOUN
framr-1737	19	14	which	which	PRON
framr-1737	19	15	have	have	AUX
framr-1737	19	16	investigated	investigate	VERB
framr-1737	19	17	the	the	DET
framr-1737	19	18	direct	direct	ADJ
framr-1737	19	19	relationship	relationship	NOUN
framr-1737	19	20	of	of	ADP
framr-1737	19	21	determinant	determinant	ADJ
framr-1737	19	22	factors	factor	NOUN
framr-1737	19	23	with	with	ADP
framr-1737	19	24	the	the	DET
framr-1737	19	25	debt	debt	NOUN
framr-1737	19	26	maturity	maturity	NOUN
framr-1737	19	27	of	of	ADP
framr-1737	19	28	the	the	DET
framr-1737	19	29	listed	list	VERB
framr-1737	19	30	textile	textile	NOUN
framr-1737	19	31	companies	company	NOUN
framr-1737	19	32	in	in	ADP
framr-1737	19	33	the	the	DET
framr-1737	19	34	stock	stock	NOUN
framr-1737	19	35	exchange	exchange	NOUN
framr-1737	19	36	by	by	ADP
framr-1737	19	37	using	use	VERB
framr-1737	19	38	panel	panel	NOUN
framr-1737	19	39	data	datum	NOUN
framr-1737	19	40	analysis	analysis	NOUN
framr-1737	19	41	.	.	PUNCT
framr-1737	20	1	1	1	X
framr-1737	20	2	.	.	X
framr-1737	20	3	introduction	introduction	NOUN
framr-1737	20	4	the	the	DET
framr-1737	20	5	capital	capital	NOUN
framr-1737	20	6	structure	structure	NOUN
framr-1737	20	7	of	of	ADP
framr-1737	20	8	a	a	DET
framr-1737	20	9	company	company	NOUN
framr-1737	20	10	means	mean	VERB
framr-1737	20	11	the	the	DET
framr-1737	20	12	mixture	mixture	NOUN
framr-1737	20	13	of	of	ADP
framr-1737	20	14	sources	source	NOUN
framr-1737	20	15	of	of	ADP
framr-1737	20	16	funds	fund	NOUN
framr-1737	20	17	from	from	ADP
framr-1737	20	18	which	which	PRON
framr-1737	20	19	the	the	DET
framr-1737	20	20	assets	asset	NOUN
framr-1737	20	21	of	of	ADP
framr-1737	20	22	a	a	DET
framr-1737	20	23	company	company	NOUN
framr-1737	20	24	are	be	AUX
framr-1737	20	25	composed	compose	VERB
framr-1737	20	26	.	.	PUNCT
framr-1737	21	1	debt	debt	NOUN
framr-1737	21	2	and	and	CCONJ
framr-1737	21	3	equity	equity	NOUN
framr-1737	21	4	are	be	AUX
framr-1737	21	5	the	the	DET
framr-1737	21	6	major	major	ADJ
framr-1737	21	7	elements	element	NOUN
framr-1737	21	8	of	of	ADP
framr-1737	21	9	capital	capital	NOUN
framr-1737	21	10	structure	structure	NOUN
framr-1737	21	11	.	.	PUNCT
framr-1737	22	1	decisions	decision	NOUN
framr-1737	22	2	about	about	ADP
framr-1737	22	3	debt	debt	NOUN
framr-1737	22	4	and	and	CCONJ
framr-1737	22	5	equity	equity	NOUN
framr-1737	22	6	allow	allow	VERB
framr-1737	22	7	the	the	DET
framr-1737	22	8	company	company	NOUN
framr-1737	22	9	to	to	PART
framr-1737	22	10	maximize	maximize	VERB
framr-1737	22	11	share	share	NOUN
framr-1737	22	12	value	value	NOUN
framr-1737	22	13	and	and	CCONJ
framr-1737	22	14	the	the	DET
framr-1737	22	15	wealth	wealth	NOUN
framr-1737	22	16	of	of	ADP
framr-1737	22	17	the	the	DET
framr-1737	22	18	firm	firm	NOUN
framr-1737	22	19	.	.	PUNCT
framr-1737	23	1	the	the	DET
framr-1737	23	2	right	right	ADJ
framr-1737	23	3	capital	capital	NOUN
framr-1737	23	4	structure	structure	NOUN
framr-1737	23	5	is	be	AUX
framr-1737	23	6	necessary	necessary	ADJ
framr-1737	23	7	for	for	ADP
framr-1737	23	8	the	the	DET
framr-1737	23	9	firm	firm	NOUN
framr-1737	23	10	’s	’s	PART
framr-1737	23	11	survival	survival	NOUN
framr-1737	23	12	as	as	ADV
framr-1737	23	13	well	well	ADV
framr-1737	23	14	as	as	ADP
framr-1737	23	15	its	its	PRON
framr-1737	23	16	financial	financial	ADJ
framr-1737	23	17	success	success	NOUN
framr-1737	23	18	.	.	PUNCT
framr-1737	24	1	every	every	DET
framr-1737	24	2	company	company	NOUN
framr-1737	24	3	has	have	VERB
framr-1737	24	4	to	to	PART
framr-1737	24	5	seek	seek	VERB
framr-1737	24	6	the	the	DET
framr-1737	24	7	optimal	optimal	ADJ
framr-1737	24	8	debt	debt	NOUN
framr-1737	24	9	-	-	PUNCT
framr-1737	24	10	equity	equity	NOUN
framr-1737	24	11	mix	mix	NOUN
framr-1737	24	12	.	.	PUNCT
framr-1737	25	1	there	there	PRON
framr-1737	25	2	is	be	VERB
framr-1737	25	3	a	a	DET
framr-1737	25	4	lot	lot	NOUN
framr-1737	25	5	of	of	ADP
framr-1737	25	6	published	publish	VERB
framr-1737	25	7	literature	literature	NOUN
framr-1737	25	8	about	about	ADP
framr-1737	25	9	the	the	DET
framr-1737	25	10	determinants	determinant	NOUN
framr-1737	25	11	of	of	ADP
framr-1737	25	12	capital	capital	NOUN
framr-1737	25	13	structure	structure	NOUN
framr-1737	25	14	.	.	PUNCT
framr-1737	26	1	yet	yet	CCONJ
framr-1737	26	2	the	the	DET
framr-1737	26	3	question	question	NOUN
framr-1737	26	4	of	of	ADP
framr-1737	26	5	what	what	PRON
framr-1737	26	6	determines	determine	VERB
framr-1737	26	7	a	a	DET
framr-1737	26	8	firm	firm	NOUN
framr-1737	26	9	’s	’s	PART
framr-1737	26	10	optimal	optimal	ADJ
framr-1737	26	11	capital	capital	NOUN
framr-1737	26	12	structure	structure	NOUN
framr-1737	26	13	remains	remain	VERB
framr-1737	26	14	a	a	DET
framr-1737	26	15	subject	subject	NOUN
framr-1737	26	16	of	of	ADP
framr-1737	26	17	debate	debate	NOUN
framr-1737	26	18	.	.	PUNCT
framr-1737	27	1	also	also	ADV
framr-1737	27	2	,	,	PUNCT
framr-1737	27	3	optimal	optimal	ADJ
framr-1737	27	4	capital	capital	NOUN
framr-1737	27	5	structure	structure	NOUN
framr-1737	27	6	,	,	PUNCT
framr-1737	27	7	and	and	CCONJ
framr-1737	27	8	the	the	DET
framr-1737	27	9	factors	factor	NOUN
framr-1737	27	10	which	which	PRON
framr-1737	27	11	ultimately	ultimately	ADV
framr-1737	27	12	determine	determine	VERB
framr-1737	27	13	it	it	PRON
framr-1737	27	14	,	,	PUNCT
framr-1737	27	15	may	may	AUX
framr-1737	27	16	differ	differ	VERB
framr-1737	27	17	by	by	ADP
framr-1737	27	18	industry	industry	NOUN
framr-1737	27	19	and	and	CCONJ
framr-1737	27	20	even	even	ADV
framr-1737	27	21	by	by	ADP
framr-1737	27	22	country	country	NOUN
framr-1737	27	23	.	.	PUNCT
framr-1737	28	1	no	no	DET
framr-1737	28	2	published	publish	VERB
framr-1737	28	3	article	article	NOUN
framr-1737	28	4	has	have	AUX
framr-1737	28	5	yet	yet	ADV
framr-1737	28	6	considered	consider	VERB
framr-1737	28	7	all	all	DET
framr-1737	28	8	possible	possible	ADJ
framr-1737	28	9	determining	determine	VERB
framr-1737	28	10	factors	factor	NOUN
framr-1737	28	11	at	at	ADP
framr-1737	28	12	one	one	NUM
framr-1737	28	13	time	time	NOUN
framr-1737	28	14	.	.	PUNCT
framr-1737	29	1	that	that	PRON
framr-1737	29	2	is	be	AUX
framr-1737	29	3	the	the	DET
framr-1737	29	4	contribution	contribution	NOUN
framr-1737	29	5	of	of	ADP
framr-1737	29	6	this	this	DET
framr-1737	29	7	article	article	NOUN
framr-1737	29	8	.	.	PUNCT
framr-1737	30	1	we	we	PRON
framr-1737	30	2	need	need	VERB
framr-1737	30	3	an	an	DET
framr-1737	30	4	overarching	overarching	ADJ
framr-1737	30	5	theory	theory	NOUN
framr-1737	30	6	that	that	SCONJ
framr-1737	30	7	managers	manager	NOUN
framr-1737	30	8	can	can	AUX
framr-1737	30	9	use	use	VERB
framr-1737	30	10	to	to	PART
framr-1737	30	11	build	build	VERB
framr-1737	30	12	their	their	PRON
framr-1737	30	13	capital	capital	NOUN
framr-1737	30	14	structures	structure	NOUN
framr-1737	30	15	in	in	ADP
framr-1737	30	16	an	an	DET
framr-1737	30	17	optimal	optimal	ADJ
framr-1737	30	18	and	and	CCONJ
framr-1737	30	19	informed	informed	ADJ
framr-1737	30	20	way	way	NOUN
framr-1737	30	21	.	.	PUNCT
framr-1737	31	1	this	this	DET
framr-1737	31	2	article	article	NOUN
framr-1737	31	3	will	will	AUX
framr-1737	31	4	present	present	VERB
framr-1737	31	5	such	such	DET
framr-1737	31	6	a	a	DET
framr-1737	31	7	theory	theory	NOUN
framr-1737	31	8	for	for	ADP
framr-1737	31	9	the	the	DET
framr-1737	31	10	textile	textile	NOUN
framr-1737	31	11	industry	industry	NOUN
framr-1737	31	12	in	in	ADP
framr-1737	31	13	bangladesh	bangladesh	PROPN
framr-1737	31	14	.	.	PUNCT
framr-1737	32	1	other	other	ADJ
framr-1737	32	2	financial	financial	ADJ
framr-1737	32	3	risk	risk	NOUN
framr-1737	32	4	and	and	CCONJ
framr-1737	32	5	management	management	NOUN
framr-1737	32	6	reviews	review	NOUN
framr-1737	32	7	2020	2020	NUM
framr-1737	32	8	vol	vol	NOUN
framr-1737	32	9	.	.	PROPN
framr-1737	33	1	6	6	NUM
framr-1737	33	2	,	,	PUNCT
framr-1737	33	3	no	no	INTJ
framr-1737	33	4	.	.	NOUN
framr-1737	33	5	1	1	NUM
framr-1737	33	6	,	,	PUNCT
framr-1737	33	7	pp	pp	ADJ
framr-1737	33	8	.	.	PUNCT
framr-1737	34	1	40	40	NUM
framr-1737	34	2	-	-	SYM
framr-1737	34	3	51	51	NUM
framr-1737	34	4	.	.	PUNCT
framr-1737	35	1	issn(e	issn(e	INTJ
framr-1737	35	2	):	):	PUNCT
framr-1737	35	3	2411	2411	NUM
framr-1737	35	4	-	-	SYM
framr-1737	35	5	6408	6408	NUM
framr-1737	35	6	issn(p	issn(p	NUM
framr-1737	35	7	):	):	PUNCT
framr-1737	35	8	2412	2412	NUM
framr-1737	35	9	-	-	SYM
framr-1737	35	10	3404	3404	NUM
framr-1737	35	11	doi	doi	NOUN
framr-1737	35	12	:	:	PUNCT
framr-1737	35	13	10.18488	10.18488	NUM
framr-1737	35	14	/	/	SYM
framr-1737	35	15	journal.89.2020.61.40.51	journal.89.2020.61.40.51	PROPN
framr-1737	36	1	©	©	PROPN
framr-1737	36	2	2020	2020	NUM
framr-1737	36	3	conscientia	conscientia	PROPN
framr-1737	36	4	beam	beam	PROPN
framr-1737	36	5	.	.	PUNCT
framr-1737	37	1	all	all	DET
framr-1737	37	2	rights	right	NOUN
framr-1737	37	3	reserved	reserve	VERB
framr-1737	37	4	.	.	PUNCT
framr-1737	38	1	https://orcid.org/0000-0002-1383-4536	https://orcid.org/0000-0002-1383-4536	NOUN
framr-1737	38	2	https://orcid.org/0000-0002-3218-4372	https://orcid.org/0000-0002-3218-4372	PROPN
framr-1737	38	3	https://www.doi.org/10.18488/journal.89.2020.61.40.51	https://www.doi.org/10.18488/journal.89.2020.61.40.51	PRON
framr-1737	38	4	financial	financial	ADJ
framr-1737	38	5	risk	risk	NOUN
framr-1737	38	6	and	and	CCONJ
framr-1737	38	7	management	management	NOUN
framr-1737	38	8	reviews	review	NOUN
framr-1737	38	9	,	,	PUNCT
framr-1737	38	10	2020	2020	NUM
framr-1737	38	11	,	,	PUNCT
framr-1737	38	12	6(1	6(1	NUM
framr-1737	38	13	):	):	PUNCT
framr-1737	38	14	40	40	NUM
framr-1737	38	15	-	-	SYM
framr-1737	38	16	51	51	NUM
framr-1737	38	17	41	41	NUM
framr-1737	38	18	©	©	PROPN
framr-1737	38	19	2020	2020	NUM
framr-1737	38	20	conscientia	conscientia	PROPN
framr-1737	38	21	beam	beam	PROPN
framr-1737	38	22	.	.	PUNCT
framr-1737	39	1	all	all	DET
framr-1737	39	2	rights	right	NOUN
framr-1737	39	3	reserved	reserve	VERB
framr-1737	39	4	.	.	PUNCT
framr-1737	40	1	researchers	researcher	NOUN
framr-1737	40	2	can	can	AUX
framr-1737	40	3	use	use	VERB
framr-1737	40	4	this	this	DET
framr-1737	40	5	article	article	NOUN
framr-1737	40	6	as	as	ADP
framr-1737	40	7	a	a	DET
framr-1737	40	8	model	model	NOUN
framr-1737	40	9	in	in	ADP
framr-1737	40	10	developing	develop	VERB
framr-1737	40	11	theories	theory	NOUN
framr-1737	40	12	for	for	ADP
framr-1737	40	13	other	other	ADJ
framr-1737	40	14	industries	industry	NOUN
framr-1737	40	15	in	in	ADP
framr-1737	40	16	bangladesh	bangladesh	NOUN
framr-1737	40	17	or	or	CCONJ
framr-1737	40	18	in	in	ADP
framr-1737	40	19	other	other	ADJ
framr-1737	40	20	countries	country	NOUN
framr-1737	40	21	.	.	PUNCT
framr-1737	41	1	there	there	PRON
framr-1737	41	2	are	be	VERB
framr-1737	41	3	lots	lot	NOUN
framr-1737	41	4	of	of	ADP
framr-1737	41	5	paper	paper	NOUN
framr-1737	41	6	about	about	ADP
framr-1737	41	7	determinants	determinant	NOUN
framr-1737	41	8	of	of	ADP
framr-1737	41	9	capital	capital	NOUN
framr-1737	41	10	structure	structure	NOUN
framr-1737	41	11	in	in	ADP
framr-1737	41	12	the	the	DET
framr-1737	41	13	context	context	NOUN
framr-1737	41	14	of	of	ADP
framr-1737	41	15	bangladesh	bangladesh	NOUN
framr-1737	41	16	and	and	CCONJ
framr-1737	41	17	international	international	ADJ
framr-1737	41	18	.	.	PUNCT
framr-1737	42	1	this	this	DET
framr-1737	42	2	study	study	NOUN
framr-1737	42	3	has	have	AUX
framr-1737	42	4	been	be	AUX
framr-1737	42	5	occurred	occur	VERB
framr-1737	42	6	previously	previously	ADV
framr-1737	42	7	internationally	internationally	ADV
framr-1737	42	8	and	and	CCONJ
framr-1737	42	9	nationally	nationally	ADV
framr-1737	42	10	.	.	PUNCT
framr-1737	43	1	this	this	DET
framr-1737	43	2	study	study	NOUN
framr-1737	43	3	includes	include	VERB
framr-1737	43	4	a	a	DET
framr-1737	43	5	panel	panel	NOUN
framr-1737	43	6	data	datum	NOUN
framr-1737	43	7	set	set	VERB
framr-1737	43	8	of	of	ADP
framr-1737	43	9	10	10	NUM
framr-1737	43	10	listed	list	VERB
framr-1737	43	11	a	a	DET
framr-1737	43	12	-	-	PUNCT
framr-1737	43	13	category	category	NOUN
framr-1737	43	14	textile	textile	NOUN
framr-1737	43	15	companies	company	NOUN
framr-1737	43	16	on	on	ADP
framr-1737	43	17	the	the	DET
framr-1737	43	18	dhaka	dhaka	PROPN
framr-1737	43	19	stock	stock	PROPN
framr-1737	43	20	exchange	exchange	PROPN
framr-1737	43	21	for	for	ADP
framr-1737	43	22	a	a	DET
framr-1737	43	23	period	period	NOUN
framr-1737	43	24	of	of	ADP
framr-1737	43	25	10	10	NUM
framr-1737	43	26	years	year	NOUN
framr-1737	43	27	(	(	PUNCT
framr-1737	43	28	2008	2008	NUM
framr-1737	43	29	-	-	SYM
framr-1737	43	30	2017	2017	NUM
framr-1737	43	31	)	)	PUNCT
framr-1737	43	32	.	.	PUNCT
framr-1737	44	1	their	their	PRON
framr-1737	44	2	decisions	decision	NOUN
framr-1737	44	3	on	on	ADP
framr-1737	44	4	debt	debt	NOUN
framr-1737	44	5	and	and	CCONJ
framr-1737	44	6	equity	equity	NOUN
framr-1737	44	7	are	be	AUX
framr-1737	44	8	examined	examine	VERB
framr-1737	44	9	to	to	PART
framr-1737	44	10	determine	determine	VERB
framr-1737	44	11	how	how	SCONJ
framr-1737	44	12	leverage	leverage	NOUN
framr-1737	44	13	,	,	PUNCT
framr-1737	44	14	debt	debt	NOUN
framr-1737	44	15	and	and	CCONJ
framr-1737	44	16	equity	equity	NOUN
framr-1737	44	17	are	be	AUX
framr-1737	44	18	related	relate	VERB
framr-1737	44	19	among	among	ADP
framr-1737	44	20	bangladesh	bangladesh	NOUN
framr-1737	44	21	textile	textile	NOUN
framr-1737	44	22	producers	producer	NOUN
framr-1737	44	23	.	.	PUNCT
framr-1737	45	1	however	however	ADV
framr-1737	45	2	due	due	ADP
framr-1737	45	3	to	to	ADP
framr-1737	45	4	change	change	NOUN
framr-1737	45	5	of	of	ADP
framr-1737	45	6	time	time	NOUN
framr-1737	45	7	risk	risk	NOUN
framr-1737	45	8	factor	factor	NOUN
framr-1737	45	9	,	,	PUNCT
framr-1737	45	10	stock	stock	NOUN
framr-1737	45	11	market	market	NOUN
framr-1737	45	12	behavior	behavior	NOUN
framr-1737	45	13	changes	change	NOUN
framr-1737	45	14	.	.	PUNCT
framr-1737	46	1	inefficient	inefficient	ADJ
framr-1737	46	2	market	market	NOUN
framr-1737	46	3	,	,	PUNCT
framr-1737	46	4	manipulated	manipulate	VERB
framr-1737	46	5	imports	import	NOUN
framr-1737	46	6	and	and	CCONJ
framr-1737	46	7	exports	export	NOUN
framr-1737	46	8	,	,	PUNCT
framr-1737	46	9	rumors	rumor	NOUN
framr-1737	46	10	and	and	CCONJ
framr-1737	46	11	poor	poor	ADJ
framr-1737	46	12	knowledge	knowledge	NOUN
framr-1737	46	13	of	of	ADP
framr-1737	46	14	stock	stock	NOUN
framr-1737	46	15	market	market	NOUN
framr-1737	46	16	and	and	CCONJ
framr-1737	46	17	huge	huge	ADJ
framr-1737	46	18	money	money	NOUN
framr-1737	46	19	laundering	laundering	NOUN
framr-1737	46	20	affect	affect	VERB
framr-1737	46	21	the	the	DET
framr-1737	46	22	determinants	determinant	NOUN
framr-1737	46	23	of	of	ADP
framr-1737	46	24	capital	capital	NOUN
framr-1737	46	25	structure	structure	NOUN
framr-1737	46	26	.	.	PUNCT
framr-1737	47	1	so	so	ADV
framr-1737	47	2	,	,	PUNCT
framr-1737	47	3	this	this	DET
framr-1737	47	4	research	research	NOUN
framr-1737	47	5	is	be	AUX
framr-1737	47	6	needed	need	VERB
framr-1737	47	7	to	to	PART
framr-1737	47	8	reflect	reflect	VERB
framr-1737	47	9	those	those	DET
framr-1737	47	10	factors	factor	NOUN
framr-1737	47	11	.	.	PUNCT
framr-1737	48	1	each	each	PRON
framr-1737	48	2	and	and	CCONJ
framr-1737	48	3	every	every	DET
framr-1737	48	4	variable	variable	NOUN
framr-1737	48	5	used	use	VERB
framr-1737	48	6	in	in	ADP
framr-1737	48	7	this	this	DET
framr-1737	48	8	study	study	NOUN
framr-1737	48	9	has	have	VERB
framr-1737	48	10	significant	significant	ADJ
framr-1737	48	11	effect	effect	NOUN
framr-1737	48	12	on	on	ADP
framr-1737	48	13	leverage	leverage	NOUN
framr-1737	48	14	ratio	ratio	NOUN
framr-1737	48	15	.	.	PUNCT
framr-1737	49	1	this	this	DET
framr-1737	49	2	study	study	NOUN
framr-1737	49	3	is	be	AUX
framr-1737	49	4	unique	unique	ADJ
framr-1737	49	5	because	because	SCONJ
framr-1737	49	6	included	include	VERB
framr-1737	49	7	factors	factor	NOUN
framr-1737	49	8	that	that	PRON
framr-1737	49	9	no	no	DET
framr-1737	49	10	other	other	ADJ
framr-1737	49	11	study	study	NOUN
framr-1737	49	12	has	have	AUX
framr-1737	49	13	considered	consider	VERB
framr-1737	49	14	.	.	PUNCT
framr-1737	50	1	in	in	ADP
framr-1737	50	2	the	the	DET
framr-1737	50	3	present	present	ADJ
framr-1737	50	4	study	study	NOUN
framr-1737	50	5	the	the	DET
framr-1737	50	6	researcher	researcher	NOUN
framr-1737	50	7	’s	’s	PART
framr-1737	50	8	wants	want	VERB
framr-1737	50	9	to	to	PART
framr-1737	50	10	show	show	VERB
framr-1737	50	11	the	the	DET
framr-1737	50	12	fixed	fixed	ADJ
framr-1737	50	13	effect	effect	NOUN
framr-1737	50	14	and	and	CCONJ
framr-1737	50	15	random	random	ADJ
framr-1737	50	16	effect	effect	NOUN
framr-1737	50	17	model	model	NOUN
framr-1737	50	18	.	.	PUNCT
framr-1737	51	1	this	this	DET
framr-1737	51	2	paper	paper	NOUN
framr-1737	51	3	seeks	seek	VERB
framr-1737	51	4	to	to	PART
framr-1737	51	5	redress	redress	VERB
framr-1737	51	6	this	this	DET
framr-1737	51	7	gap	gap	NOUN
framr-1737	51	8	.	.	PUNCT
framr-1737	52	1	2	2	X
framr-1737	52	2	.	.	X
framr-1737	52	3	objectives	objective	NOUN
framr-1737	52	4	of	of	ADP
framr-1737	52	5	the	the	DET
framr-1737	52	6	study	study	NOUN
framr-1737	52	7	the	the	DET
framr-1737	52	8	purpose	purpose	NOUN
framr-1737	52	9	here	here	ADV
framr-1737	52	10	is	be	AUX
framr-1737	52	11	to	to	PART
framr-1737	52	12	examine	examine	VERB
framr-1737	52	13	the	the	DET
framr-1737	52	14	relationship	relationship	NOUN
framr-1737	52	15	between	between	ADP
framr-1737	52	16	determining	determine	VERB
framr-1737	52	17	factors	factor	NOUN
framr-1737	52	18	of	of	ADP
framr-1737	52	19	capital	capital	NOUN
framr-1737	52	20	structure	structure	NOUN
framr-1737	52	21	and	and	CCONJ
framr-1737	52	22	the	the	DET
framr-1737	52	23	financial	financial	ADJ
framr-1737	52	24	risk	risk	NOUN
framr-1737	52	25	of	of	ADP
framr-1737	52	26	the	the	DET
framr-1737	52	27	bangladesh	bangladesh	NOUN
framr-1737	52	28	textile	textile	NOUN
framr-1737	52	29	industry	industry	NOUN
framr-1737	52	30	.	.	PUNCT
framr-1737	53	1	specifically	specifically	ADV
framr-1737	53	2	,	,	PUNCT
framr-1737	53	3	the	the	DET
framr-1737	53	4	objectives	objective	NOUN
framr-1737	53	5	are	be	AUX
framr-1737	53	6	:	:	PUNCT
framr-1737	53	7	1	1	X
framr-1737	53	8	.	.	X
framr-1737	53	9	to	to	PART
framr-1737	53	10	identify	identify	VERB
framr-1737	53	11	the	the	DET
framr-1737	53	12	major	major	ADJ
framr-1737	53	13	variables	variable	NOUN
framr-1737	53	14	influencing	influence	VERB
framr-1737	53	15	debt	debt	NOUN
framr-1737	53	16	and	and	CCONJ
framr-1737	53	17	equity	equity	NOUN
framr-1737	53	18	choices	choice	NOUN
framr-1737	53	19	in	in	ADP
framr-1737	53	20	bangladesh	bangladesh	NOUN
framr-1737	53	21	textile	textile	NOUN
framr-1737	53	22	firms	firm	NOUN
framr-1737	53	23	.	.	PUNCT
framr-1737	54	1	2	2	X
framr-1737	54	2	.	.	PUNCT
framr-1737	54	3	to	to	PART
framr-1737	54	4	apply	apply	VERB
framr-1737	54	5	accepted	accepted	ADJ
framr-1737	54	6	theories	theory	NOUN
framr-1737	54	7	of	of	ADP
framr-1737	54	8	debt	debt	NOUN
framr-1737	54	9	-	-	PUNCT
framr-1737	54	10	equity	equity	NOUN
framr-1737	54	11	decision	decision	NOUN
framr-1737	54	12	-	-	PUNCT
framr-1737	54	13	making	making	NOUN
framr-1737	54	14	to	to	PART
framr-1737	54	15	see	see	VERB
framr-1737	54	16	whether	whether	SCONJ
framr-1737	54	17	this	this	PRON
framr-1737	54	18	helps	help	VERB
framr-1737	54	19	to	to	PART
framr-1737	54	20	explain	explain	VERB
framr-1737	54	21	how	how	SCONJ
framr-1737	54	22	leverage	leverage	NOUN
framr-1737	54	23	is	be	AUX
framr-1737	54	24	decided	decide	VERB
framr-1737	54	25	in	in	ADP
framr-1737	54	26	the	the	DET
framr-1737	54	27	textile	textile	NOUN
framr-1737	54	28	industry	industry	NOUN
framr-1737	54	29	of	of	ADP
framr-1737	54	30	bangladesh	bangladesh	NOUN
framr-1737	54	31	.	.	PUNCT
framr-1737	55	1	3	3	X
framr-1737	55	2	.	.	PUNCT
framr-1737	55	3	to	to	PART
framr-1737	55	4	consider	consider	VERB
framr-1737	55	5	correlations	correlation	NOUN
framr-1737	55	6	between	between	ADP
framr-1737	55	7	leverage	leverage	NOUN
framr-1737	55	8	ratio	ratio	NOUN
framr-1737	55	9	and	and	CCONJ
framr-1737	55	10	the	the	DET
framr-1737	55	11	firm	firm	ADJ
framr-1737	55	12	-	-	PUNCT
framr-1737	55	13	specific	specific	ADJ
framr-1737	55	14	variables	variable	NOUN
framr-1737	55	15	which	which	PRON
framr-1737	55	16	are	be	AUX
framr-1737	55	17	profitability	profitability	NOUN
framr-1737	55	18	,	,	PUNCT
framr-1737	55	19	tangibility	tangibility	NOUN
framr-1737	55	20	,	,	PUNCT
framr-1737	55	21	growth	growth	NOUN
framr-1737	55	22	,	,	PUNCT
framr-1737	55	23	age	age	NOUN
framr-1737	55	24	,	,	PUNCT
framr-1737	55	25	liquidity	liquidity	NOUN
framr-1737	55	26	,	,	PUNCT
framr-1737	55	27	and	and	CCONJ
framr-1737	55	28	size	size	NOUN
framr-1737	55	29	.	.	PUNCT
framr-1737	56	1	3	3	X
framr-1737	56	2	.	.	X
framr-1737	56	3	capital	capital	NOUN
framr-1737	56	4	structure	structure	NOUN
framr-1737	56	5	theory	theory	NOUN
framr-1737	56	6	capital	capital	NOUN
framr-1737	56	7	structure	structure	NOUN
framr-1737	56	8	theory	theory	NOUN
framr-1737	56	9	describes	describe	VERB
framr-1737	56	10	how	how	SCONJ
framr-1737	56	11	the	the	DET
framr-1737	56	12	debt	debt	NOUN
framr-1737	56	13	-	-	PUNCT
framr-1737	56	14	equity	equity	NOUN
framr-1737	56	15	ratio	ratio	NOUN
framr-1737	56	16	,	,	PUNCT
framr-1737	56	17	capital	capital	NOUN
framr-1737	56	18	cost	cost	NOUN
framr-1737	56	19	and	and	CCONJ
framr-1737	56	20	the	the	DET
framr-1737	56	21	overall	overall	ADJ
framr-1737	56	22	value	value	NOUN
framr-1737	56	23	of	of	ADP
framr-1737	56	24	a	a	DET
framr-1737	56	25	company	company	NOUN
framr-1737	56	26	relate	relate	VERB
framr-1737	56	27	.	.	PUNCT
framr-1737	57	1	there	there	PRON
framr-1737	57	2	exists	exist	VERB
framr-1737	57	3	no	no	DET
framr-1737	57	4	perfect	perfect	ADJ
framr-1737	57	5	theory	theory	NOUN
framr-1737	57	6	to	to	PART
framr-1737	57	7	apply	apply	VERB
framr-1737	57	8	in	in	ADP
framr-1737	57	9	deciding	decide	VERB
framr-1737	57	10	a	a	DET
framr-1737	57	11	company	company	NOUN
framr-1737	57	12	’s	’s	PART
framr-1737	57	13	mix	mix	NOUN
framr-1737	57	14	of	of	ADP
framr-1737	57	15	borrowing	borrowing	NOUN
framr-1737	57	16	and	and	CCONJ
framr-1737	57	17	shareholding	shareholding	NOUN
framr-1737	57	18	.	.	PUNCT
framr-1737	58	1	rather	rather	ADV
framr-1737	58	2	theories	theory	NOUN
framr-1737	58	3	on	on	ADP
framr-1737	58	4	these	these	DET
framr-1737	58	5	issues	issue	NOUN
framr-1737	58	6	remain	remain	VERB
framr-1737	58	7	controversial	controversial	ADJ
framr-1737	58	8	.	.	PUNCT
framr-1737	59	1	as	as	SCONJ
framr-1737	59	2	the	the	DET
framr-1737	59	3	major	major	ADJ
framr-1737	59	4	theories	theory	NOUN
framr-1737	59	5	contradict	contradict	VERB
framr-1737	59	6	each	each	DET
framr-1737	59	7	other	other	ADJ
framr-1737	59	8	,	,	PUNCT
framr-1737	59	9	none	none	NOUN
framr-1737	59	10	of	of	ADP
framr-1737	59	11	these	these	DET
framr-1737	59	12	theories	theory	NOUN
framr-1737	59	13	prevails	prevail	VERB
framr-1737	59	14	.	.	PUNCT
framr-1737	60	1	so	so	ADV
framr-1737	60	2	this	this	DET
framr-1737	60	3	research	research	NOUN
framr-1737	60	4	is	be	AUX
framr-1737	60	5	needed	need	VERB
framr-1737	60	6	.	.	PUNCT
framr-1737	61	1	two	two	NUM
framr-1737	61	2	longstanding	longstanding	ADJ
framr-1737	61	3	alternatives	alternative	NOUN
framr-1737	61	4	for	for	ADP
framr-1737	61	5	companies	company	NOUN
framr-1737	61	6	in	in	ADP
framr-1737	61	7	making	make	VERB
framr-1737	61	8	their	their	PRON
framr-1737	61	9	decisions	decision	NOUN
framr-1737	61	10	on	on	ADP
framr-1737	61	11	borrowing	borrowing	NOUN
framr-1737	61	12	and	and	CCONJ
framr-1737	61	13	share	share	NOUN
framr-1737	61	14	issue	issue	NOUN
framr-1737	61	15	(	(	PUNCT
framr-1737	61	16	durand	durand	NOUN
framr-1737	61	17	,	,	PUNCT
framr-1737	61	18	1952	1952	NUM
framr-1737	61	19	)	)	PUNCT
framr-1737	61	20	have	have	AUX
framr-1737	61	21	long	long	ADV
framr-1737	61	22	been	be	AUX
framr-1737	61	23	the	the	DET
framr-1737	61	24	“	"	PUNCT
framr-1737	61	25	net	net	ADJ
framr-1737	61	26	income	income	NOUN
framr-1737	61	27	approach	approach	NOUN
framr-1737	61	28	”	"	PUNCT
framr-1737	61	29	and	and	CCONJ
framr-1737	61	30	the	the	DET
framr-1737	61	31	“	"	PUNCT
framr-1737	61	32	net	net	ADJ
framr-1737	61	33	operating	operating	NOUN
framr-1737	61	34	income	income	NOUN
framr-1737	61	35	approach	approach	NOUN
framr-1737	61	36	”	"	PUNCT
framr-1737	61	37	.	.	PUNCT
framr-1737	62	1	focusing	focus	VERB
framr-1737	62	2	on	on	ADP
framr-1737	62	3	net	net	ADJ
framr-1737	62	4	income	income	NOUN
framr-1737	62	5	approach	approach	NOUN
framr-1737	62	6	,	,	PUNCT
framr-1737	62	7	the	the	DET
framr-1737	62	8	manager	manager	NOUN
framr-1737	62	9	does	do	AUX
framr-1737	62	10	not	not	PART
framr-1737	62	11	consider	consider	VERB
framr-1737	62	12	interest	interest	NOUN
framr-1737	62	13	rates	rate	NOUN
framr-1737	62	14	or	or	CCONJ
framr-1737	62	15	shareholder	shareholder	NOUN
framr-1737	62	16	dividends	dividend	NOUN
framr-1737	62	17	in	in	ADP
framr-1737	62	18	making	make	VERB
framr-1737	62	19	borrowing	borrowing	NOUN
framr-1737	62	20	and	and	CCONJ
framr-1737	62	21	share	share	NOUN
framr-1737	62	22	issue	issue	NOUN
framr-1737	62	23	decisions	decision	NOUN
framr-1737	62	24	.	.	PUNCT
framr-1737	63	1	focusing	focus	VERB
framr-1737	63	2	on	on	ADP
framr-1737	63	3	net	net	ADJ
framr-1737	63	4	operating	operating	NOUN
framr-1737	63	5	income	income	NOUN
framr-1737	63	6	approach	approach	NOUN
framr-1737	63	7	,	,	PUNCT
framr-1737	63	8	the	the	DET
framr-1737	63	9	increases	increase	NOUN
framr-1737	63	10	in	in	ADP
framr-1737	63	11	equity	equity	NOUN
framr-1737	63	12	costs	cost	NOUN
framr-1737	63	13	and	and	CCONJ
framr-1737	63	14	leverage	leverage	NOUN
framr-1737	63	15	are	be	AUX
framr-1737	63	16	assumed	assume	VERB
framr-1737	63	17	to	to	PART
framr-1737	63	18	have	have	VERB
framr-1737	63	19	a	a	DET
framr-1737	63	20	linear	linear	ADJ
framr-1737	63	21	relationship	relationship	NOUN
framr-1737	63	22	.	.	PUNCT
framr-1737	64	1	classically	classically	ADV
framr-1737	64	2	,	,	PUNCT
framr-1737	64	3	solomon	solomon	PROPN
framr-1737	64	4	(	(	PUNCT
framr-1737	64	5	1963	1963	NUM
framr-1737	64	6	)	)	PUNCT
framr-1737	64	7	as	as	ADP
framr-1737	64	8	leverage	leverage	NOUN
framr-1737	64	9	increases	increase	NOUN
framr-1737	64	10	,	,	PUNCT
framr-1737	64	11	capital	capital	NOUN
framr-1737	64	12	cost	cost	NOUN
framr-1737	64	13	falls	fall	NOUN
framr-1737	64	14	and	and	CCONJ
framr-1737	64	15	the	the	DET
framr-1737	64	16	value	value	NOUN
framr-1737	64	17	of	of	ADP
framr-1737	64	18	the	the	DET
framr-1737	64	19	firm	firm	NOUN
framr-1737	64	20	increases	increase	NOUN
framr-1737	64	21	until	until	SCONJ
framr-1737	64	22	one	one	NUM
framr-1737	64	23	reaches	reach	VERB
framr-1737	64	24	a	a	DET
framr-1737	64	25	level	level	NOUN
framr-1737	64	26	of	of	ADP
framr-1737	64	27	borrowing	borrowing	NOUN
framr-1737	64	28	which	which	PRON
framr-1737	64	29	,	,	PUNCT
framr-1737	64	30	for	for	ADP
framr-1737	64	31	a	a	DET
framr-1737	64	32	given	give	VERB
framr-1737	64	33	company	company	NOUN
framr-1737	64	34	,	,	PUNCT
framr-1737	64	35	is	be	AUX
framr-1737	64	36	considered	consider	VERB
framr-1737	64	37	“	"	PUNCT
framr-1737	64	38	prudent	prudent	ADJ
framr-1737	64	39	”	"	PUNCT
framr-1737	64	40	after	after	ADP
framr-1737	64	41	this	this	DET
framr-1737	64	42	minimax	minimax	NOUN
framr-1737	64	43	solution	solution	NOUN
framr-1737	64	44	(	(	PUNCT
framr-1737	64	45	minimum	minimum	NOUN
framr-1737	64	46	cost	cost	NOUN
framr-1737	64	47	for	for	ADP
framr-1737	64	48	maximum	maximum	ADJ
framr-1737	64	49	value	value	NOUN
framr-1737	64	50	)	)	PUNCT
framr-1737	64	51	,	,	PUNCT
framr-1737	64	52	further	further	ADJ
framr-1737	64	53	borrowing	borrowing	NOUN
framr-1737	64	54	will	will	AUX
framr-1737	64	55	only	only	ADV
framr-1737	64	56	cause	cause	VERB
framr-1737	64	57	the	the	DET
framr-1737	64	58	value	value	NOUN
framr-1737	64	59	of	of	ADP
framr-1737	64	60	the	the	DET
framr-1737	64	61	company	company	NOUN
framr-1737	64	62	’s	’s	PART
framr-1737	64	63	shares	share	NOUN
framr-1737	64	64	to	to	PART
framr-1737	64	65	decrease	decrease	VERB
framr-1737	64	66	as	as	SCONJ
framr-1737	64	67	capital	capital	NOUN
framr-1737	64	68	costs	cost	NOUN
framr-1737	64	69	rise	rise	VERB
framr-1737	64	70	.	.	PUNCT
framr-1737	65	1	supporting	support	VERB
framr-1737	65	2	the	the	DET
framr-1737	65	3	focus	focus	NOUN
framr-1737	65	4	on	on	ADP
framr-1737	65	5	net	net	ADJ
framr-1737	65	6	operating	operating	NOUN
framr-1737	65	7	income	income	NOUN
framr-1737	65	8	approach	approach	NOUN
framr-1737	65	9	,	,	PUNCT
framr-1737	65	10	modigliani	modigliani	PROPN
framr-1737	65	11	and	and	CCONJ
framr-1737	65	12	miller	miller	PROPN
framr-1737	65	13	(	(	PUNCT
framr-1737	65	14	1958	1958	NUM
framr-1737	65	15	)	)	PUNCT
framr-1737	65	16	introduced	introduce	VERB
framr-1737	65	17	the	the	DET
framr-1737	65	18	capital	capital	NOUN
framr-1737	65	19	structure	structure	NOUN
framr-1737	65	20	irrelevancy	irrelevancy	NOUN
framr-1737	65	21	propositions	proposition	NOUN
framr-1737	65	22	.	.	PUNCT
framr-1737	66	1	given	give	VERB
framr-1737	66	2	a	a	DET
framr-1737	66	3	perfectly	perfectly	ADV
framr-1737	66	4	-	-	PUNCT
framr-1737	66	5	competitive	competitive	ADJ
framr-1737	66	6	capital	capital	NOUN
framr-1737	66	7	market	market	NOUN
framr-1737	66	8	,	,	PUNCT
framr-1737	66	9	no	no	DET
framr-1737	66	10	transaction	transaction	NOUN
framr-1737	66	11	costs	cost	NOUN
framr-1737	66	12	and	and	CCONJ
framr-1737	66	13	no	no	DET
framr-1737	66	14	bankruptcy	bankruptcy	NOUN
framr-1737	66	15	costs	cost	NOUN
framr-1737	66	16	,	,	PUNCT
framr-1737	66	17	with	with	ADP
framr-1737	66	18	perfect	perfect	ADJ
framr-1737	66	19	information	information	NOUN
framr-1737	66	20	:	:	PUNCT
framr-1737	66	21	they	they	PRON
framr-1737	66	22	deduced	deduce	VERB
framr-1737	66	23	the	the	DET
framr-1737	66	24	following	follow	VERB
framr-1737	66	25	conditions	condition	NOUN
framr-1737	66	26	:	:	PUNCT
framr-1737	66	27	(	(	PUNCT
framr-1737	66	28	1	1	X
framr-1737	66	29	)	)	PUNCT
framr-1737	66	30	companies	company	NOUN
framr-1737	66	31	and	and	CCONJ
framr-1737	66	32	individuals	individual	NOUN
framr-1737	66	33	can	can	AUX
framr-1737	66	34	borrow	borrow	VERB
framr-1737	66	35	at	at	ADP
framr-1737	66	36	the	the	DET
framr-1737	66	37	same	same	ADJ
framr-1737	66	38	interest	interest	NOUN
framr-1737	66	39	rate	rate	NOUN
framr-1737	66	40	.	.	PUNCT
framr-1737	67	1	(	(	PUNCT
framr-1737	67	2	2	2	X
framr-1737	67	3	)	)	PUNCT
framr-1737	67	4	taxes	taxis	NOUN
framr-1737	67	5	and	and	CCONJ
framr-1737	67	6	investment	investment	NOUN
framr-1737	67	7	are	be	AUX
framr-1737	67	8	not	not	PART
framr-1737	67	9	affected	affect	VERB
framr-1737	67	10	by	by	ADP
framr-1737	67	11	financing	financing	NOUN
framr-1737	67	12	.	.	PUNCT
framr-1737	68	1	(	(	PUNCT
framr-1737	68	2	3	3	X
framr-1737	68	3	)	)	PUNCT
framr-1737	68	4	without	without	ADP
framr-1737	68	5	regard	regard	NOUN
framr-1737	68	6	to	to	ADP
framr-1737	68	7	taxes	taxis	NOUN
framr-1737	68	8	,	,	PUNCT
framr-1737	68	9	neither	neither	CCONJ
framr-1737	68	10	a	a	DET
framr-1737	68	11	firm	firm	NOUN
framr-1737	68	12	’s	’s	PART
framr-1737	68	13	market	market	NOUN
framr-1737	68	14	value	value	NOUN
framr-1737	68	15	nor	nor	CCONJ
framr-1737	68	16	the	the	DET
framr-1737	68	17	cost	cost	NOUN
framr-1737	68	18	of	of	ADP
framr-1737	68	19	capital	capital	NOUN
framr-1737	68	20	is	be	AUX
framr-1737	68	21	correlated	correlate	VERB
framr-1737	68	22	with	with	ADP
framr-1737	68	23	the	the	DET
framr-1737	68	24	debt	debt	NOUN
framr-1737	68	25	-	-	PUNCT
framr-1737	68	26	equity	equity	NOUN
framr-1737	68	27	mix	mix	NOUN
framr-1737	68	28	of	of	ADP
framr-1737	68	29	the	the	DET
framr-1737	68	30	firm	firm	NOUN
framr-1737	68	31	.	.	PUNCT
framr-1737	69	1	from	from	ADP
framr-1737	69	2	this	this	DET
framr-1737	69	3	theory	theory	NOUN
framr-1737	69	4	,	,	PUNCT
framr-1737	69	5	modigliani	modigliani	PROPN
framr-1737	69	6	and	and	CCONJ
framr-1737	69	7	miller	miller	PROPN
framr-1737	69	8	(	(	PUNCT
framr-1737	69	9	1958	1958	NUM
framr-1737	69	10	)	)	PUNCT
framr-1737	69	11	deduced	deduce	VERB
framr-1737	69	12	the	the	DET
framr-1737	69	13	following	follow	VERB
framr-1737	69	14	propositions	proposition	NOUN
framr-1737	69	15	:	:	PUNCT
framr-1737	69	16			NOUN
framr-1737	69	17	the	the	DET
framr-1737	69	18	value	value	NOUN
framr-1737	69	19	of	of	ADP
framr-1737	69	20	a	a	DET
framr-1737	69	21	firm	firm	NOUN
framr-1737	69	22	is	be	AUX
framr-1737	69	23	independent	independent	ADJ
framr-1737	69	24	of	of	ADP
framr-1737	69	25	its	its	PRON
framr-1737	69	26	capital	capital	NOUN
framr-1737	69	27	structure	structure	NOUN
framr-1737	69	28	.	.	PUNCT
framr-1737	70	1	financial	financial	ADJ
framr-1737	70	2	risk	risk	NOUN
framr-1737	70	3	and	and	CCONJ
framr-1737	70	4	management	management	NOUN
framr-1737	70	5	reviews	review	NOUN
framr-1737	70	6	,	,	PUNCT
framr-1737	70	7	2020	2020	NUM
framr-1737	70	8	,	,	PUNCT
framr-1737	70	9	6(1	6(1	NUM
framr-1737	70	10	):	):	PUNCT
framr-1737	70	11	40	40	NUM
framr-1737	70	12	-	-	SYM
framr-1737	70	13	51	51	NUM
framr-1737	70	14	42	42	NUM
framr-1737	70	15	©	©	PROPN
framr-1737	70	16	2020	2020	NUM
framr-1737	70	17	conscientia	conscientia	PROPN
framr-1737	70	18	beam	beam	PROPN
framr-1737	70	19	.	.	PUNCT
framr-1737	71	1	all	all	DET
framr-1737	71	2	rights	right	NOUN
framr-1737	71	3	reserved	reserve	VERB
framr-1737	71	4	.	.	PUNCT
framr-1737	72	1			X
framr-1737	72	2	the	the	DET
framr-1737	72	3	cost	cost	NOUN
framr-1737	72	4	of	of	ADP
framr-1737	72	5	equity	equity	NOUN
framr-1737	72	6	for	for	ADP
framr-1737	72	7	a	a	DET
framr-1737	72	8	leveraged	leverage	VERB
framr-1737	72	9	firm	firm	NOUN
framr-1737	72	10	is	be	AUX
framr-1737	72	11	equal	equal	ADJ
framr-1737	72	12	to	to	ADP
framr-1737	72	13	the	the	DET
framr-1737	72	14	cost	cost	NOUN
framr-1737	72	15	of	of	ADP
framr-1737	72	16	equity	equity	NOUN
framr-1737	72	17	for	for	ADP
framr-1737	72	18	an	an	DET
framr-1737	72	19	unleveraged	unleveraged	ADJ
framr-1737	72	20	firm	firm	NOUN
framr-1737	72	21	plus	plus	CCONJ
framr-1737	72	22	an	an	DET
framr-1737	72	23	added	add	VERB
framr-1737	72	24	premium	premium	NOUN
framr-1737	72	25	for	for	ADP
framr-1737	72	26	financial	financial	ADJ
framr-1737	72	27	risk	risk	NOUN
framr-1737	72	28	.	.	PUNCT
framr-1737	73	1	so	so	ADV
framr-1737	73	2	modigliani	modigliani	PROPN
framr-1737	73	3	and	and	CCONJ
framr-1737	73	4	miller	miller	PROPN
framr-1737	73	5	’s	’s	PART
framr-1737	73	6	propositions	proposition	NOUN
framr-1737	73	7	imply	imply	VERB
framr-1737	73	8	that	that	SCONJ
framr-1737	73	9	,	,	PUNCT
framr-1737	73	10	as	as	SCONJ
framr-1737	73	11	leverage	leverage	NOUN
framr-1737	73	12	increases	increase	NOUN
framr-1737	73	13	while	while	SCONJ
framr-1737	73	14	the	the	DET
framr-1737	73	15	burden	burden	NOUN
framr-1737	73	16	of	of	ADP
framr-1737	73	17	individual	individual	ADJ
framr-1737	73	18	risks	risk	NOUN
framr-1737	73	19	is	be	AUX
framr-1737	73	20	shifted	shift	VERB
framr-1737	73	21	between	between	ADP
framr-1737	73	22	different	different	ADJ
framr-1737	73	23	investors	investor	NOUN
framr-1737	73	24	’	'	PUNCT
framr-1737	73	25	classes	class	NOUN
framr-1737	73	26	,	,	PUNCT
framr-1737	73	27	total	total	ADJ
framr-1737	73	28	risk	risk	NOUN
framr-1737	73	29	is	be	AUX
framr-1737	73	30	conserved	conserve	VERB
framr-1737	73	31	and	and	CCONJ
framr-1737	73	32	hence	hence	ADV
framr-1737	73	33	no	no	DET
framr-1737	73	34	extra	extra	ADJ
framr-1737	73	35	value	value	NOUN
framr-1737	73	36	of	of	ADP
framr-1737	73	37	companies	company	NOUN
framr-1737	73	38	is	be	AUX
framr-1737	73	39	created	create	VERB
framr-1737	73	40	.	.	PUNCT
framr-1737	74	1	in	in	ADP
framr-1737	74	2	modigliani	modigliani	PROPN
framr-1737	74	3	.	.	PUNCT
framr-1737	75	1	and	and	CCONJ
framr-1737	75	2	miller	miller	PROPN
framr-1737	75	3	(	(	PUNCT
framr-1737	75	4	1963	1963	NUM
framr-1737	75	5	)	)	PUNCT
framr-1737	75	6	published	publish	VERB
framr-1737	75	7	another	another	DET
framr-1737	75	8	paper	paper	NOUN
framr-1737	75	9	which	which	PRON
framr-1737	75	10	included	include	VERB
framr-1737	75	11	the	the	DET
framr-1737	75	12	effect	effect	NOUN
framr-1737	75	13	of	of	ADP
framr-1737	75	14	taxes	taxis	NOUN
framr-1737	75	15	and	and	CCONJ
framr-1737	75	16	high	high	ADJ
framr-1737	75	17	-	-	PUNCT
framr-1737	75	18	risk	risk	NOUN
framr-1737	75	19	debt	debt	NOUN
framr-1737	75	20	in	in	ADP
framr-1737	75	21	their	their	PRON
framr-1737	75	22	1958	1958	NUM
framr-1737	75	23	theory	theory	NOUN
framr-1737	75	24	.	.	PUNCT
framr-1737	76	1	they	they	PRON
framr-1737	76	2	concluded	conclude	VERB
framr-1737	76	3	that	that	SCONJ
framr-1737	76	4	leveraged	leveraged	ADJ
framr-1737	76	5	company	company	NOUN
framr-1737	76	6	will	will	AUX
framr-1737	76	7	be	be	AUX
framr-1737	76	8	more	more	ADV
framr-1737	76	9	valuable	valuable	ADJ
framr-1737	76	10	than	than	ADP
framr-1737	76	11	an	an	DET
framr-1737	76	12	unleveraged	unleveraged	ADJ
framr-1737	76	13	company	company	NOUN
framr-1737	76	14	because	because	SCONJ
framr-1737	76	15	the	the	DET
framr-1737	76	16	interest	interest	NOUN
framr-1737	76	17	on	on	ADP
framr-1737	76	18	company	company	NOUN
framr-1737	76	19	debt	debt	NOUN
framr-1737	76	20	can	can	AUX
framr-1737	76	21	be	be	AUX
framr-1737	76	22	deducted	deduct	VERB
framr-1737	76	23	from	from	ADP
framr-1737	76	24	the	the	DET
framr-1737	76	25	company	company	NOUN
framr-1737	76	26	’s	’s	PART
framr-1737	76	27	corporate	corporate	ADJ
framr-1737	76	28	income	income	NOUN
framr-1737	76	29	tax	tax	NOUN
framr-1737	76	30	liability	liability	NOUN
framr-1737	76	31	.	.	PUNCT
framr-1737	77	1	that	that	PRON
framr-1737	77	2	is	be	AUX
framr-1737	77	3	how	how	SCONJ
framr-1737	77	4	debt	debt	NOUN
framr-1737	77	5	-	-	PUNCT
framr-1737	77	6	equity	equity	NOUN
framr-1737	77	7	decisions	decision	NOUN
framr-1737	77	8	could	could	AUX
framr-1737	77	9	impact	impact	VERB
framr-1737	77	10	a	a	DET
framr-1737	77	11	company	company	NOUN
framr-1737	77	12	’s	’s	PART
framr-1737	77	13	value	value	NOUN
framr-1737	77	14	.	.	PUNCT
framr-1737	78	1	as	as	ADP
framr-1737	78	2	per	per	ADP
framr-1737	78	3	their	their	PRON
framr-1737	78	4	observation	observation	NOUN
framr-1737	78	5	,	,	PUNCT
framr-1737	78	6	an	an	DET
framr-1737	78	7	optimal	optimal	ADJ
framr-1737	78	8	capital	capital	NOUN
framr-1737	78	9	structure	structure	NOUN
framr-1737	78	10	would	would	AUX
framr-1737	78	11	be	be	AUX
framr-1737	78	12	zero	zero	NUM
framr-1737	78	13	equity	equity	NOUN
framr-1737	78	14	and	and	CCONJ
framr-1737	78	15	all	all	DET
framr-1737	78	16	financing	financing	NOUN
framr-1737	78	17	by	by	ADP
framr-1737	78	18	debt	debt	NOUN
framr-1737	78	19	.	.	PUNCT
framr-1737	79	1	such	such	DET
framr-1737	79	2	a	a	DET
framr-1737	79	3	company	company	NOUN
framr-1737	79	4	’s	’s	PART
framr-1737	79	5	large	large	ADJ
framr-1737	79	6	debt	debt	NOUN
framr-1737	79	7	burden	burden	NOUN
framr-1737	79	8	would	would	AUX
framr-1737	79	9	simply	simply	ADV
framr-1737	79	10	be	be	AUX
framr-1737	79	11	written	write	VERB
framr-1737	79	12	off	off	ADP
framr-1737	79	13	against	against	ADP
framr-1737	79	14	tax	tax	NOUN
framr-1737	79	15	liability	liability	NOUN
framr-1737	79	16	,	,	PUNCT
framr-1737	79	17	but	but	CCONJ
framr-1737	79	18	in	in	ADP
framr-1737	79	19	the	the	DET
framr-1737	79	20	real	real	ADJ
framr-1737	79	21	world	world	NOUN
framr-1737	79	22	,	,	PUNCT
framr-1737	79	23	companies	company	NOUN
framr-1737	79	24	never	never	ADV
framr-1737	79	25	would	would	AUX
framr-1737	79	26	use	use	VERB
framr-1737	79	27	such	such	DET
framr-1737	79	28	a	a	DET
framr-1737	79	29	strategy	strategy	NOUN
framr-1737	79	30	because	because	SCONJ
framr-1737	79	31	of	of	ADP
framr-1737	79	32	another	another	DET
framr-1737	79	33	variable	variable	NOUN
framr-1737	79	34	not	not	PART
framr-1737	79	35	included	include	VERB
framr-1737	79	36	in	in	ADP
framr-1737	79	37	modigliani	modigliani	PROPN
framr-1737	79	38	and	and	CCONJ
framr-1737	79	39	miller	miller	PROPN
framr-1737	79	40	’s	’s	PART
framr-1737	79	41	theory	theory	NOUN
framr-1737	79	42	:	:	PUNCT
framr-1737	79	43	the	the	DET
framr-1737	79	44	cost	cost	NOUN
framr-1737	79	45	of	of	ADP
framr-1737	79	46	bankruptcy	bankruptcy	NOUN
framr-1737	79	47	.	.	PUNCT
framr-1737	80	1	high	high	ADJ
framr-1737	80	2	bankruptcy	bankruptcy	NOUN
framr-1737	80	3	costs	cost	NOUN
framr-1737	80	4	make	make	VERB
framr-1737	80	5	the	the	DET
framr-1737	80	6	perfect	perfect	ADJ
framr-1737	80	7	strategy	strategy	NOUN
framr-1737	80	8	in	in	ADP
framr-1737	80	9	modigliani	modigliani	PROPN
framr-1737	80	10	and	and	CCONJ
framr-1737	80	11	miller	miller	PROPN
framr-1737	80	12	’s	’s	PART
framr-1737	80	13	model	model	NOUN
framr-1737	80	14	a	a	DET
framr-1737	80	15	high	high	ADJ
framr-1737	80	16	-	-	PUNCT
framr-1737	80	17	risk	risk	NOUN
framr-1737	80	18	strategy	strategy	NOUN
framr-1737	80	19	.	.	PUNCT
framr-1737	81	1	later	later	ADJ
framr-1737	81	2	theories	theory	NOUN
framr-1737	81	3	try	try	VERB
framr-1737	81	4	to	to	PART
framr-1737	81	5	remove	remove	VERB
framr-1737	81	6	the	the	DET
framr-1737	81	7	imperfections	imperfection	NOUN
framr-1737	81	8	in	in	ADP
framr-1737	81	9	modigliani	modigliani	PROPN
framr-1737	81	10	and	and	CCONJ
framr-1737	81	11	miller	miller	PROPN
framr-1737	81	12	’s	’s	PART
framr-1737	81	13	theories	theory	NOUN
framr-1737	81	14	include	include	VERB
framr-1737	81	15	the	the	DET
framr-1737	81	16	static	static	ADJ
framr-1737	81	17	trade	trade	NOUN
framr-1737	81	18	-	-	PUNCT
framr-1737	81	19	off	off	ADP
framr-1737	81	20	theory	theory	NOUN
framr-1737	81	21	,	,	PUNCT
framr-1737	81	22	agency	agency	NOUN
framr-1737	81	23	costs	cost	NOUN
framr-1737	81	24	theory	theory	NOUN
framr-1737	81	25	,	,	PUNCT
framr-1737	81	26	signaling	signal	VERB
framr-1737	81	27	theory	theory	NOUN
framr-1737	81	28	and	and	CCONJ
framr-1737	81	29	pecking	pecking	NOUN
framr-1737	81	30	-	-	PUNCT
framr-1737	81	31	order	order	NOUN
framr-1737	81	32	theory	theory	NOUN
framr-1737	81	33	.	.	PUNCT
framr-1737	82	1	trade	trade	NOUN
framr-1737	82	2	-	-	PUNCT
framr-1737	82	3	off	off	ADP
framr-1737	82	4	theory	theory	NOUN
framr-1737	82	5	,	,	PUNCT
framr-1737	82	6	kraus	kraus	PROPN
framr-1737	82	7	and	and	CCONJ
framr-1737	82	8	litzenberger	litzenberger	NOUN
framr-1737	82	9	(	(	PUNCT
framr-1737	82	10	1973	1973	NUM
framr-1737	82	11	)	)	PUNCT
framr-1737	82	12	conceives	conceive	NOUN
framr-1737	82	13	of	of	ADP
framr-1737	82	14	a	a	DET
framr-1737	82	15	company	company	NOUN
framr-1737	82	16	’s	’s	PART
framr-1737	82	17	optimal	optimal	ADJ
framr-1737	82	18	debt	debt	NOUN
framr-1737	82	19	ratio	ratio	NOUN
framr-1737	82	20	as	as	ADP
framr-1737	82	21	a	a	DET
framr-1737	82	22	trade	trade	NOUN
framr-1737	82	23	-	-	PUNCT
framr-1737	82	24	off	off	NOUN
framr-1737	82	25	between	between	ADP
framr-1737	82	26	the	the	DET
framr-1737	82	27	advantages	advantage	NOUN
framr-1737	82	28	and	and	CCONJ
framr-1737	82	29	disadvantages	disadvantage	NOUN
framr-1737	82	30	of	of	ADP
framr-1737	82	31	using	use	VERB
framr-1737	82	32	debt	debt	NOUN
framr-1737	82	33	.	.	PUNCT
framr-1737	83	1	to	to	PART
framr-1737	83	2	calculate	calculate	VERB
framr-1737	83	3	these	these	DET
framr-1737	83	4	advantages	advantage	NOUN
framr-1737	83	5	and	and	CCONJ
framr-1737	83	6	disadvantages	disadvantage	NOUN
framr-1737	83	7	,	,	PUNCT
framr-1737	83	8	they	they	PRON
framr-1737	83	9	consider	consider	VERB
framr-1737	83	10	the	the	DET
framr-1737	83	11	tax	tax	NOUN
framr-1737	83	12	deductibility	deductibility	NOUN
framr-1737	83	13	of	of	ADP
framr-1737	83	14	interest	interest	NOUN
framr-1737	83	15	payments	payment	NOUN
framr-1737	83	16	and	and	CCONJ
framr-1737	83	17	the	the	DET
framr-1737	83	18	cost	cost	NOUN
framr-1737	83	19	of	of	ADP
framr-1737	83	20	bankruptcy	bankruptcy	NOUN
framr-1737	83	21	.	.	PUNCT
framr-1737	84	1	kraus	kraus	PROPN
framr-1737	84	2	and	and	CCONJ
framr-1737	84	3	litzenberger	litzenberger	NOUN
framr-1737	84	4	conclude	conclude	VERB
framr-1737	84	5	that	that	SCONJ
framr-1737	84	6	debt	debt	NOUN
framr-1737	84	7	is	be	AUX
framr-1737	84	8	preferable	preferable	ADJ
framr-1737	84	9	until	until	SCONJ
framr-1737	84	10	the	the	DET
framr-1737	84	11	probability	probability	NOUN
framr-1737	84	12	of	of	ADP
framr-1737	84	13	bankruptcy	bankruptcy	NOUN
framr-1737	84	14	is	be	AUX
framr-1737	84	15	equal	equal	ADJ
framr-1737	84	16	to	to	ADP
framr-1737	84	17	the	the	DET
framr-1737	84	18	tax	tax	NOUN
framr-1737	84	19	advantage	advantage	NOUN
framr-1737	84	20	of	of	ADP
framr-1737	84	21	interest	interest	NOUN
framr-1737	84	22	payments	payment	NOUN
framr-1737	84	23	.	.	PUNCT
framr-1737	85	1	jensen	jensen	PROPN
framr-1737	85	2	and	and	CCONJ
framr-1737	85	3	meckling	meckling	NOUN
framr-1737	85	4	(	(	PUNCT
framr-1737	85	5	1976	1976	NUM
framr-1737	85	6	)	)	PUNCT
framr-1737	85	7	’s	’s	PART
framr-1737	85	8	agency	agency	NOUN
framr-1737	85	9	costs	cost	NOUN
framr-1737	85	10	theory	theory	NOUN
framr-1737	85	11	advocates	advocate	VERB
framr-1737	85	12	that	that	SCONJ
framr-1737	85	13	an	an	DET
framr-1737	85	14	optimal	optimal	ADJ
framr-1737	85	15	debt	debt	NOUN
framr-1737	85	16	-	-	PUNCT
framr-1737	85	17	equity	equity	NOUN
framr-1737	85	18	mix	mix	NOUN
framr-1737	85	19	can	can	AUX
framr-1737	85	20	be	be	AUX
framr-1737	85	21	achieved	achieve	VERB
framr-1737	85	22	by	by	ADP
framr-1737	85	23	increasing	increase	VERB
framr-1737	85	24	the	the	DET
framr-1737	85	25	managers	manager	NOUN
framr-1737	85	26	’	’	PART
framr-1737	85	27	ownership	ownership	NOUN
framr-1737	85	28	of	of	ADP
framr-1737	85	29	the	the	DET
framr-1737	85	30	company	company	NOUN
framr-1737	85	31	.	.	PUNCT
framr-1737	86	1	such	such	DET
framr-1737	86	2	a	a	DET
framr-1737	86	3	solution	solution	NOUN
framr-1737	86	4	induces	induce	VERB
framr-1737	86	5	managers	manager	NOUN
framr-1737	86	6	to	to	PART
framr-1737	86	7	minimize	minimize	VERB
framr-1737	86	8	agency	agency	NOUN
framr-1737	86	9	costs	cost	NOUN
framr-1737	86	10	by	by	ADP
framr-1737	86	11	transferring	transfer	VERB
framr-1737	86	12	some	some	PRON
framr-1737	86	13	of	of	ADP
framr-1737	86	14	the	the	DET
framr-1737	86	15	companies	company	NOUN
framr-1737	86	16	’	’	PART
framr-1737	86	17	risk	risk	NOUN
framr-1737	86	18	to	to	ADP
framr-1737	86	19	them	they	PRON
framr-1737	86	20	personally	personally	ADV
framr-1737	86	21	.	.	PUNCT
framr-1737	87	1	signaling	signal	VERB
framr-1737	87	2	theories	theory	NOUN
framr-1737	87	3	,	,	PUNCT
framr-1737	87	4	developed	develop	VERB
framr-1737	87	5	by	by	ADP
framr-1737	87	6	ross	ross	PROPN
framr-1737	87	7	(	(	PUNCT
framr-1737	87	8	1977)states	1977)states	PROPN
framr-1737	87	9	that	that	PRON
framr-1737	87	10	managers	manager	NOUN
framr-1737	87	11	decide	decide	VERB
framr-1737	87	12	leverage	leverage	NOUN
framr-1737	87	13	as	as	ADP
framr-1737	87	14	a	a	DET
framr-1737	87	15	signal	signal	NOUN
framr-1737	87	16	to	to	ADP
framr-1737	87	17	the	the	DET
framr-1737	87	18	market	market	NOUN
framr-1737	87	19	.	.	PUNCT
framr-1737	88	1	these	these	DET
framr-1737	88	2	theories	theory	NOUN
framr-1737	88	3	assume	assume	VERB
framr-1737	88	4	asymmetric	asymmetric	ADJ
framr-1737	88	5	information	information	NOUN
framr-1737	88	6	between	between	ADP
framr-1737	88	7	the	the	DET
framr-1737	88	8	market	market	NOUN
framr-1737	88	9	and	and	CCONJ
framr-1737	88	10	the	the	DET
framr-1737	88	11	managers	manager	NOUN
framr-1737	88	12	.	.	PUNCT
framr-1737	89	1	debt	debt	NOUN
framr-1737	89	2	is	be	AUX
framr-1737	89	3	a	a	DET
framr-1737	89	4	signal	signal	NOUN
framr-1737	89	5	of	of	ADP
framr-1737	89	6	high	high	ADJ
framr-1737	89	7	future	future	ADJ
framr-1737	89	8	performance	performance	NOUN
framr-1737	89	9	and	and	CCONJ
framr-1737	89	10	cash	cash	NOUN
framr-1737	89	11	flows	flow	NOUN
framr-1737	89	12	to	to	PART
framr-1737	89	13	repay	repay	VERB
framr-1737	89	14	it	it	PRON
framr-1737	89	15	.	.	PUNCT
framr-1737	90	1	according	accord	VERB
framr-1737	90	2	to	to	ADP
framr-1737	90	3	ross	ross	PROPN
framr-1737	90	4	,	,	PUNCT
framr-1737	90	5	investors	investor	NOUN
framr-1737	90	6	take	take	VERB
framr-1737	90	7	larger	large	ADJ
framr-1737	90	8	levels	level	NOUN
framr-1737	90	9	of	of	ADP
framr-1737	90	10	debt	debt	NOUN
framr-1737	90	11	as	as	ADP
framr-1737	90	12	a	a	DET
framr-1737	90	13	signal	signal	NOUN
framr-1737	90	14	of	of	ADP
framr-1737	90	15	a	a	DET
framr-1737	90	16	higher	high	ADJ
framr-1737	90	17	-	-	PUNCT
framr-1737	90	18	quality	quality	NOUN
framr-1737	90	19	company	company	NOUN
framr-1737	90	20	,	,	PUNCT
framr-1737	90	21	raising	raise	VERB
framr-1737	90	22	the	the	DET
framr-1737	90	23	company	company	NOUN
framr-1737	90	24	’s	’s	PART
framr-1737	90	25	share	share	NOUN
framr-1737	90	26	price	price	NOUN
framr-1737	90	27	and	and	CCONJ
framr-1737	90	28	,	,	PUNCT
framr-1737	90	29	thus	thus	ADV
framr-1737	90	30	its	its	PRON
framr-1737	90	31	value	value	NOUN
framr-1737	90	32	.	.	PUNCT
framr-1737	91	1	the	the	DET
framr-1737	91	2	result	result	NOUN
framr-1737	91	3	is	be	AUX
framr-1737	91	4	that	that	SCONJ
framr-1737	91	5	,	,	PUNCT
framr-1737	91	6	using	use	VERB
framr-1737	91	7	more	more	ADJ
framr-1737	91	8	debt	debt	NOUN
framr-1737	91	9	,	,	PUNCT
framr-1737	91	10	the	the	DET
framr-1737	91	11	company	company	NOUN
framr-1737	91	12	finds	find	VERB
framr-1737	91	13	it	it	PRON
framr-1737	91	14	easier	easy	ADJ
framr-1737	91	15	to	to	PART
framr-1737	91	16	raise	raise	VERB
framr-1737	91	17	capital	capital	NOUN
framr-1737	91	18	so	so	ADV
framr-1737	91	19	less	less	ADJ
framr-1737	91	20	debt	debt	NOUN
framr-1737	91	21	is	be	AUX
framr-1737	91	22	needed	need	VERB
framr-1737	91	23	in	in	ADP
framr-1737	91	24	the	the	DET
framr-1737	91	25	long	long	ADJ
framr-1737	91	26	-	-	PUNCT
framr-1737	91	27	term	term	NOUN
framr-1737	91	28	.	.	PUNCT
framr-1737	92	1	pecking	pecking	NOUN
framr-1737	92	2	order	order	NOUN
framr-1737	92	3	theory	theory	NOUN
framr-1737	92	4	,	,	PUNCT
framr-1737	92	5	developed	develop	VERB
framr-1737	92	6	by	by	ADP
framr-1737	92	7	myers	myer	NOUN
framr-1737	92	8	and	and	CCONJ
framr-1737	92	9	majluf	majluf	PROPN
framr-1737	92	10	(	(	PUNCT
framr-1737	92	11	1984	1984	NUM
framr-1737	92	12	)	)	PUNCT
framr-1737	92	13	states	state	VERB
framr-1737	92	14	that	that	SCONJ
framr-1737	92	15	,	,	PUNCT
framr-1737	92	16	when	when	SCONJ
framr-1737	92	17	a	a	DET
framr-1737	92	18	company	company	NOUN
framr-1737	92	19	is	be	AUX
framr-1737	92	20	going	go	VERB
framr-1737	92	21	to	to	PART
framr-1737	92	22	raise	raise	VERB
framr-1737	92	23	capital	capital	NOUN
framr-1737	92	24	,	,	PUNCT
framr-1737	92	25	managers	manager	NOUN
framr-1737	92	26	prefer	prefer	VERB
framr-1737	92	27	financing	financing	NOUN
framr-1737	92	28	that	that	PRON
framr-1737	92	29	comes	come	VERB
framr-1737	92	30	from	from	ADP
framr-1737	92	31	,	,	PUNCT
framr-1737	92	32	in	in	ADP
framr-1737	92	33	the	the	DET
framr-1737	92	34	following	follow	VERB
framr-1737	92	35	order	order	NOUN
framr-1737	92	36	:	:	PUNCT
framr-1737	92	37	1	1	X
framr-1737	92	38	.	.	X
framr-1737	92	39	internal	internal	ADJ
framr-1737	92	40	funds	fund	NOUN
framr-1737	92	41	(	(	PUNCT
framr-1737	92	42	retained	retain	VERB
framr-1737	92	43	earnings	earning	NOUN
framr-1737	92	44	)	)	PUNCT
framr-1737	92	45	.	.	PUNCT
framr-1737	93	1	2	2	X
framr-1737	93	2	.	.	X
framr-1737	93	3	debt	debt	NOUN
framr-1737	93	4	.	.	PUNCT
framr-1737	94	1	3	3	X
framr-1737	94	2	.	.	X
framr-1737	94	3	issuing	issue	VERB
framr-1737	94	4	new	new	ADJ
framr-1737	94	5	equity	equity	NOUN
framr-1737	94	6	as	as	ADP
framr-1737	94	7	a	a	DET
framr-1737	94	8	last	last	ADJ
framr-1737	94	9	resort	resort	NOUN
framr-1737	94	10	,	,	PUNCT
framr-1737	94	11	when	when	SCONJ
framr-1737	94	12	it	it	PRON
framr-1737	94	13	is	be	AUX
framr-1737	94	14	no	no	ADV
framr-1737	94	15	longer	long	ADV
framr-1737	94	16	sensible	sensible	ADJ
framr-1737	94	17	to	to	PART
framr-1737	94	18	issue	issue	VERB
framr-1737	94	19	any	any	DET
framr-1737	94	20	more	more	ADJ
framr-1737	94	21	debt	debt	NOUN
framr-1737	94	22	.	.	PUNCT
framr-1737	95	1	4	4	X
framr-1737	95	2	.	.	X
framr-1737	95	3	literature	literature	NOUN
framr-1737	95	4	review	review	VERB
framr-1737	95	5	4.1	4.1	NUM
framr-1737	95	6	.	.	PUNCT
framr-1737	96	1	international	international	ADJ
framr-1737	96	2	evidence	evidence	NOUN
framr-1737	96	3	rajan	rajan	PROPN
framr-1737	96	4	and	and	CCONJ
framr-1737	96	5	zingales	zingales	PROPN
framr-1737	96	6	(	(	PUNCT
framr-1737	96	7	1995	1995	NUM
framr-1737	96	8	)	)	PUNCT
framr-1737	96	9	found	find	VERB
framr-1737	96	10	that	that	DET
framr-1737	96	11	size	size	NOUN
framr-1737	96	12	,	,	PUNCT
framr-1737	96	13	growth	growth	NOUN
framr-1737	96	14	,	,	PUNCT
framr-1737	96	15	profitability	profitability	NOUN
framr-1737	96	16	and	and	CCONJ
framr-1737	96	17	tangible	tangible	ADJ
framr-1737	96	18	assets	asset	NOUN
framr-1737	96	19	determined	determine	VERB
framr-1737	96	20	how	how	SCONJ
framr-1737	96	21	debt	debt	NOUN
framr-1737	96	22	and	and	CCONJ
framr-1737	96	23	equity	equity	NOUN
framr-1737	96	24	issue	issue	NOUN
framr-1737	96	25	decisions	decision	NOUN
framr-1737	96	26	were	be	AUX
framr-1737	96	27	made	make	VERB
framr-1737	96	28	by	by	ADP
framr-1737	96	29	american	american	ADJ
framr-1737	96	30	companies	company	NOUN
framr-1737	96	31	.	.	PUNCT
framr-1737	97	1	bevan	bevan	PROPN
framr-1737	97	2	and	and	CCONJ
framr-1737	97	3	danbolt	danbolt	NOUN
framr-1737	97	4	(	(	PUNCT
framr-1737	97	5	2002	2002	NUM
framr-1737	97	6	)	)	PUNCT
framr-1737	97	7	found	find	VERB
framr-1737	97	8	that	that	SCONJ
framr-1737	97	9	large	large	ADJ
framr-1737	97	10	british	british	ADJ
framr-1737	97	11	companies	company	NOUN
framr-1737	97	12	,	,	PUNCT
framr-1737	97	13	having	have	VERB
framr-1737	97	14	high	high	ADJ
framr-1737	97	15	growth	growth	NOUN
framr-1737	97	16	potential	potential	NOUN
framr-1737	97	17	used	use	VERB
framr-1737	97	18	less	less	ADJ
framr-1737	97	19	bank	bank	NOUN
framr-1737	97	20	debt	debt	NOUN
framr-1737	97	21	than	than	ADP
framr-1737	97	22	small	small	ADJ
framr-1737	97	23	companies	company	NOUN
framr-1737	97	24	did	do	VERB
framr-1737	97	25	.	.	PUNCT
framr-1737	98	1	in	in	ADP
framr-1737	98	2	pakistan	pakistan	PROPN
framr-1737	98	3	,	,	PUNCT
framr-1737	98	4	mazhar	mazhar	NOUN
framr-1737	98	5	and	and	CCONJ
framr-1737	98	6	nasr	nasr	PROPN
framr-1737	98	7	(	(	PUNCT
framr-1737	98	8	2010	2010	NUM
framr-1737	98	9	)	)	PUNCT
framr-1737	98	10	and	and	CCONJ
framr-1737	98	11	shah	shah	NOUN
framr-1737	98	12	and	and	CCONJ
framr-1737	98	13	hijazi	hijazi	PROPN
framr-1737	98	14	(	(	PUNCT
framr-1737	98	15	2004	2004	NUM
framr-1737	98	16	)	)	PUNCT
framr-1737	98	17	found	find	VERB
framr-1737	98	18	that	that	SCONJ
framr-1737	98	19	earnings	earning	NOUN
framr-1737	98	20	volatility	volatility	NOUN
framr-1737	98	21	,	,	PUNCT
framr-1737	98	22	profitability	profitability	NOUN
framr-1737	98	23	,	,	PUNCT
framr-1737	98	24	non	non	ADJ
framr-1737	98	25	-	-	ADJ
framr-1737	98	26	debt	debt	ADJ
framr-1737	98	27	tax	tax	NOUN
framr-1737	98	28	shield	shield	NOUN
framr-1737	98	29	asset	asset	NOUN
framr-1737	98	30	tangibility	tangibility	NOUN
framr-1737	98	31	,	,	PUNCT
framr-1737	98	32	size	size	NOUN
framr-1737	98	33	and	and	CCONJ
framr-1737	98	34	growth	growth	NOUN
framr-1737	98	35	were	be	AUX
framr-1737	98	36	significantly	significantly	ADV
framr-1737	98	37	correlated	correlate	VERB
framr-1737	98	38	with	with	ADP
framr-1737	98	39	decisions	decision	NOUN
framr-1737	98	40	on	on	ADP
framr-1737	98	41	leverage	leverage	NOUN
framr-1737	98	42	.	.	PUNCT
framr-1737	99	1	in	in	ADP
framr-1737	99	2	nepal	nepal	ADJ
framr-1737	99	3	,	,	PUNCT
framr-1737	99	4	baral	baral	ADJ
framr-1737	99	5	(	(	PUNCT
framr-1737	99	6	2004	2004	NUM
framr-1737	99	7	)	)	PUNCT
framr-1737	99	8	found	find	VERB
framr-1737	99	9	operating	operating	NOUN
framr-1737	99	10	leverage	leverage	NOUN
framr-1737	99	11	,	,	PUNCT
framr-1737	99	12	dividend	dividend	NOUN
framr-1737	99	13	payout	payout	NOUN
framr-1737	99	14	ratio	ratio	NOUN
framr-1737	99	15	;	;	PUNCT
framr-1737	99	16	business	business	NOUN
framr-1737	99	17	risk	risk	NOUN
framr-1737	99	18	,	,	PUNCT
framr-1737	99	19	growth	growth	NOUN
framr-1737	99	20	rate	rate	NOUN
framr-1737	99	21	and	and	CCONJ
framr-1737	99	22	size	size	NOUN
framr-1737	99	23	were	be	AUX
framr-1737	99	24	the	the	DET
framr-1737	99	25	major	major	ADJ
framr-1737	99	26	determinants	determinant	NOUN
framr-1737	99	27	of	of	ADP
framr-1737	99	28	leverage	leverage	NOUN
framr-1737	99	29	ratio	ratio	NOUN
framr-1737	99	30	,	,	PUNCT
framr-1737	99	31	with	with	ADP
framr-1737	99	32	a	a	DET
framr-1737	99	33	positive	positive	ADJ
framr-1737	99	34	correlation	correlation	NOUN
framr-1737	99	35	.	.	PUNCT
framr-1737	100	1	debt	debt	NOUN
framr-1737	100	2	service	service	NOUN
framr-1737	100	3	capacity	capacity	NOUN
framr-1737	100	4	and	and	CCONJ
framr-1737	100	5	profitability	profitability	NOUN
framr-1737	100	6	were	be	AUX
framr-1737	100	7	significant	significant	ADJ
framr-1737	100	8	but	but	CCONJ
framr-1737	100	9	had	have	VERB
framr-1737	100	10	a	a	DET
framr-1737	100	11	negative	negative	ADJ
framr-1737	100	12	correlation	correlation	NOUN
framr-1737	100	13	with	with	ADP
framr-1737	100	14	leverage	leverage	NOUN
framr-1737	100	15	ratio	ratio	NOUN
framr-1737	100	16	.	.	PUNCT
framr-1737	101	1	vasiliou	vasiliou	NOUN
framr-1737	101	2	,	,	PUNCT
framr-1737	101	3	daskalakis	daskalaki	NOUN
framr-1737	101	4	,	,	PUNCT
framr-1737	101	5	and	and	CCONJ
framr-1737	101	6	eriotis	eriotis	PROPN
framr-1737	101	7	(	(	PUNCT
framr-1737	101	8	2006	2006	NUM
framr-1737	101	9	)	)	PUNCT
framr-1737	101	10	found	find	VERB
framr-1737	101	11	that	that	SCONJ
framr-1737	101	12	the	the	DET
framr-1737	101	13	significant	significant	ADJ
framr-1737	101	14	variables	variable	NOUN
framr-1737	101	15	influencing	influence	VERB
framr-1737	101	16	the	the	DET
framr-1737	101	17	decisions	decision	NOUN
framr-1737	101	18	of	of	ADP
framr-1737	101	19	greek	greek	ADJ
framr-1737	101	20	companies	company	NOUN
framr-1737	101	21	on	on	ADP
framr-1737	101	22	leverage	leverage	NOUN
framr-1737	101	23	were	be	AUX
framr-1737	101	24	financial	financial	ADJ
framr-1737	101	25	distress	distress	NOUN
framr-1737	101	26	,	,	PUNCT
framr-1737	101	27	market	market	NOUN
framr-1737	101	28	timing	timing	NOUN
framr-1737	101	29	and	and	CCONJ
framr-1737	101	30	competitiveness	competitiveness	NOUN
framr-1737	101	31	.	.	PUNCT
framr-1737	102	1	rajan	rajan	PROPN
framr-1737	102	2	and	and	CCONJ
framr-1737	102	3	zingales	zingales	PROPN
framr-1737	102	4	(	(	PUNCT
framr-1737	102	5	1995	1995	NUM
framr-1737	102	6	)	)	PUNCT
framr-1737	102	7	financial	financial	ADJ
framr-1737	102	8	risk	risk	NOUN
framr-1737	102	9	and	and	CCONJ
framr-1737	102	10	management	management	NOUN
framr-1737	102	11	reviews	review	NOUN
framr-1737	102	12	,	,	PUNCT
framr-1737	102	13	2020	2020	NUM
framr-1737	102	14	,	,	PUNCT
framr-1737	102	15	6(1	6(1	NUM
framr-1737	102	16	):	):	PUNCT
framr-1737	102	17	40	40	NUM
framr-1737	102	18	-	-	SYM
framr-1737	102	19	51	51	NUM
framr-1737	102	20	43	43	NUM
framr-1737	102	21	©	©	PROPN
framr-1737	102	22	2020	2020	NUM
framr-1737	102	23	conscientia	conscientia	PROPN
framr-1737	102	24	beam	beam	PROPN
framr-1737	102	25	.	.	PUNCT
framr-1737	103	1	all	all	DET
framr-1737	103	2	rights	right	NOUN
framr-1737	103	3	reserved	reserve	VERB
framr-1737	103	4	.	.	PUNCT
framr-1737	103	5	conducted	conduct	VERB
framr-1737	103	6	a	a	DET
framr-1737	103	7	trans	trans	ADJ
framr-1737	103	8	-	-	ADJ
framr-1737	103	9	national	national	ADJ
framr-1737	103	10	study	study	NOUN
framr-1737	103	11	of	of	ADP
framr-1737	103	12	companies	company	NOUN
framr-1737	103	13	across	across	ADP
framr-1737	103	14	developed	developed	ADJ
framr-1737	103	15	countries	country	NOUN
framr-1737	103	16	.	.	PUNCT
framr-1737	104	1	they	they	PRON
framr-1737	104	2	found	find	VERB
framr-1737	104	3	that	that	SCONJ
framr-1737	104	4	companies	company	NOUN
framr-1737	104	5	in	in	ADP
framr-1737	104	6	the	the	DET
framr-1737	104	7	g-7	g-7	NOUN
framr-1737	104	8	countries	country	NOUN
framr-1737	104	9	made	make	VERB
framr-1737	104	10	decisions	decision	NOUN
framr-1737	104	11	on	on	ADP
framr-1737	104	12	debt	debt	NOUN
framr-1737	104	13	and	and	CCONJ
framr-1737	104	14	equity	equity	NOUN
framr-1737	104	15	in	in	ADP
framr-1737	104	16	a	a	DET
framr-1737	104	17	similar	similar	ADJ
framr-1737	104	18	way	way	NOUN
framr-1737	104	19	.	.	PUNCT
framr-1737	105	1	they	they	PRON
framr-1737	105	2	also	also	ADV
framr-1737	105	3	found	find	VERB
framr-1737	105	4	that	that	SCONJ
framr-1737	105	5	firm	firm	ADJ
framr-1737	105	6	size	size	NOUN
framr-1737	105	7	was	be	AUX
framr-1737	105	8	not	not	PART
framr-1737	105	9	significant	significant	ADJ
framr-1737	105	10	as	as	ADP
framr-1737	105	11	a	a	DET
framr-1737	105	12	determiner	determiner	NOUN
framr-1737	105	13	of	of	ADP
framr-1737	105	14	leverage	leverage	NOUN
framr-1737	105	15	decisions	decision	NOUN
framr-1737	105	16	.	.	PUNCT
framr-1737	106	1	booth	booth	NOUN
framr-1737	106	2	,	,	PUNCT
framr-1737	106	3	aivazian	aivazian	ADJ
framr-1737	106	4	,	,	PUNCT
framr-1737	106	5	demirguc	demirguc	PROPN
framr-1737	106	6	-	-	PUNCT
framr-1737	106	7	kunt	kunt	PROPN
framr-1737	106	8	,	,	PUNCT
framr-1737	106	9	and	and	CCONJ
framr-1737	106	10	maksimovic	maksimovic	PROPN
framr-1737	106	11	(	(	PUNCT
framr-1737	106	12	2001	2001	NUM
framr-1737	106	13	)	)	PUNCT
framr-1737	106	14	examined	examine	VERB
framr-1737	106	15	the	the	DET
framr-1737	106	16	factors	factor	NOUN
framr-1737	106	17	of	of	ADP
framr-1737	106	18	capital	capital	NOUN
framr-1737	106	19	structure	structure	NOUN
framr-1737	106	20	across	across	ADP
framr-1737	106	21	developing	develop	VERB
framr-1737	106	22	&	&	CCONJ
framr-1737	106	23	developed	developed	ADJ
framr-1737	106	24	countries	country	NOUN
framr-1737	106	25	.	.	PUNCT
framr-1737	107	1	the	the	DET
framr-1737	107	2	study	study	NOUN
framr-1737	107	3	shows	show	VERB
framr-1737	107	4	that	that	SCONJ
framr-1737	107	5	the	the	DET
framr-1737	107	6	factors	factor	NOUN
framr-1737	107	7	are	be	AUX
framr-1737	107	8	similar	similar	ADJ
framr-1737	107	9	&	&	CCONJ
framr-1737	107	10	they	they	PRON
framr-1737	107	11	affect	affect	VERB
framr-1737	107	12	the	the	DET
framr-1737	107	13	capital	capital	NOUN
framr-1737	107	14	structure	structure	NOUN
framr-1737	107	15	in	in	ADP
framr-1737	107	16	a	a	DET
framr-1737	107	17	similar	similar	ADJ
framr-1737	107	18	way	way	NOUN
framr-1737	107	19	for	for	ADP
framr-1737	107	20	both	both	DET
framr-1737	107	21	developed	develop	VERB
framr-1737	107	22	and	and	CCONJ
framr-1737	107	23	developing	develop	VERB
framr-1737	107	24	countries	country	NOUN
framr-1737	107	25	.	.	PUNCT
framr-1737	108	1	buferna	buferna	NOUN
framr-1737	108	2	,	,	PUNCT
framr-1737	108	3	bangassa	bangassa	NOUN
framr-1737	108	4	,	,	PUNCT
framr-1737	108	5	and	and	CCONJ
framr-1737	108	6	hodgkinson	hodgkinson	PROPN
framr-1737	108	7	(	(	PUNCT
framr-1737	108	8	2005	2005	NUM
framr-1737	108	9	)	)	PUNCT
framr-1737	108	10	found	find	VERB
framr-1737	108	11	that	that	SCONJ
framr-1737	108	12	four	four	NUM
framr-1737	108	13	variables	variable	NOUN
framr-1737	108	14	related	relate	VERB
framr-1737	108	15	to	to	ADP
framr-1737	108	16	leverage	leverage	NOUN
framr-1737	108	17	decisions	decision	NOUN
framr-1737	108	18	in	in	ADP
framr-1737	108	19	a	a	DET
framr-1737	108	20	developing	develop	VERB
framr-1737	108	21	country	country	NOUN
framr-1737	108	22	:	:	PUNCT
framr-1737	108	23	profitability	profitability	NOUN
framr-1737	108	24	,	,	PUNCT
framr-1737	108	25	growth	growth	NOUN
framr-1737	108	26	,	,	PUNCT
framr-1737	108	27	tangibility	tangibility	NOUN
framr-1737	108	28	and	and	CCONJ
framr-1737	108	29	size	size	NOUN
framr-1737	108	30	.	.	PUNCT
framr-1737	109	1	both	both	CCONJ
framr-1737	109	2	the	the	DET
framr-1737	109	3	agency	agency	NOUN
framr-1737	109	4	cost	cost	NOUN
framr-1737	109	5	theory	theory	NOUN
framr-1737	109	6	and	and	CCONJ
framr-1737	109	7	the	the	DET
framr-1737	109	8	static	static	ADJ
framr-1737	109	9	trade	trade	NOUN
framr-1737	109	10	-	-	PUNCT
framr-1737	109	11	off	off	ADP
framr-1737	109	12	theory	theory	NOUN
framr-1737	109	13	found	find	VERB
framr-1737	109	14	support	support	NOUN
framr-1737	109	15	in	in	ADP
framr-1737	109	16	bufema	bufema	NOUN
framr-1737	109	17	’s	’s	PART
framr-1737	109	18	study	study	NOUN
framr-1737	109	19	of	of	ADP
framr-1737	109	20	libyan	libyan	ADJ
framr-1737	109	21	companies	company	NOUN
framr-1737	109	22	’	'	PUNCT
framr-1737	109	23	leverage	leverage	NOUN
framr-1737	109	24	decisions	decision	NOUN
framr-1737	109	25	.	.	PUNCT
framr-1737	110	1	4.2	4.2	NUM
framr-1737	110	2	.	.	PUNCT
framr-1737	110	3	evidence	evidence	NOUN
framr-1737	110	4	from	from	ADP
framr-1737	110	5	bangladesh	bangladesh	PROPN
framr-1737	110	6	chowdhury	chowdhury	PROPN
framr-1737	110	7	(	(	PUNCT
framr-1737	110	8	2004	2004	NUM
framr-1737	110	9	)	)	PUNCT
framr-1737	110	10	was	be	AUX
framr-1737	110	11	one	one	NUM
framr-1737	110	12	of	of	ADP
framr-1737	110	13	the	the	DET
framr-1737	110	14	first	first	ADJ
framr-1737	110	15	studies	study	NOUN
framr-1737	110	16	of	of	ADP
framr-1737	110	17	bangladeshi	bangladeshi	ADJ
framr-1737	110	18	companies	company	NOUN
framr-1737	110	19	’	’	PART
framr-1737	110	20	capital	capital	NOUN
framr-1737	110	21	structure	structure	NOUN
framr-1737	110	22	.	.	PUNCT
framr-1737	111	1	chowdhury	chowdhury	PROPN
framr-1737	111	2	(	(	PUNCT
framr-1737	111	3	2004	2004	NUM
framr-1737	111	4	)	)	PUNCT
framr-1737	111	5	research	research	NOUN
framr-1737	111	6	was	be	AUX
framr-1737	111	7	comparative	comparative	ADJ
framr-1737	111	8	,	,	PUNCT
framr-1737	111	9	looking	look	VERB
framr-1737	111	10	at	at	ADP
framr-1737	111	11	bangladeshi	bangladeshi	ADJ
framr-1737	111	12	and	and	CCONJ
framr-1737	111	13	japanese	japanese	ADJ
framr-1737	111	14	companies	company	NOUN
framr-1737	111	15	.	.	PUNCT
framr-1737	112	1	chowdhury	chowdhury	PROPN
framr-1737	112	2	(	(	PUNCT
framr-1737	112	3	2004	2004	NUM
framr-1737	112	4	)	)	PUNCT
framr-1737	112	5	used	use	VERB
framr-1737	112	6	the	the	DET
framr-1737	112	7	agency	agency	NOUN
framr-1737	112	8	cost	cost	NOUN
framr-1737	112	9	model	model	NOUN
framr-1737	112	10	.	.	PUNCT
framr-1737	113	1	he	he	PRON
framr-1737	113	2	concluded	conclude	VERB
framr-1737	113	3	that	that	SCONJ
framr-1737	113	4	agency	agency	NOUN
framr-1737	113	5	cost	cost	NOUN
framr-1737	113	6	of	of	ADP
framr-1737	113	7	debt	debt	NOUN
framr-1737	113	8	,	,	PUNCT
framr-1737	113	9	profitability	profitability	NOUN
framr-1737	113	10	,	,	PUNCT
framr-1737	113	11	growth	growth	NOUN
framr-1737	113	12	rate	rate	NOUN
framr-1737	113	13	,	,	PUNCT
framr-1737	113	14	operating	operate	VERB
framr-1737	113	15	leverage	leverage	NOUN
framr-1737	113	16	and	and	CCONJ
framr-1737	113	17	bankruptcy	bankruptcy	NOUN
framr-1737	113	18	risk	risk	NOUN
framr-1737	113	19	were	be	AUX
framr-1737	113	20	the	the	DET
framr-1737	113	21	significant	significant	ADJ
framr-1737	113	22	factors	factor	NOUN
framr-1737	113	23	for	for	ADP
framr-1737	113	24	leverage	leverage	NOUN
framr-1737	113	25	decisions	decision	NOUN
framr-1737	113	26	in	in	ADP
framr-1737	113	27	both	both	DET
framr-1737	113	28	countries	country	NOUN
framr-1737	113	29	.	.	PUNCT
framr-1737	114	1	lima	lima	PROPN
framr-1737	114	2	(	(	PUNCT
framr-1737	114	3	2009	2009	NUM
framr-1737	114	4	)	)	PUNCT
framr-1737	114	5	studied	study	VERB
framr-1737	114	6	the	the	DET
framr-1737	114	7	pharmaceutical	pharmaceutical	NOUN
framr-1737	114	8	industry	industry	NOUN
framr-1737	114	9	in	in	ADP
framr-1737	114	10	bangladesh	bangladesh	NOUN
framr-1737	114	11	.	.	PUNCT
framr-1737	115	1	operating	operate	VERB
framr-1737	115	2	leverage	leverage	NOUN
framr-1737	115	3	,	,	PUNCT
framr-1737	115	4	growth	growth	NOUN
framr-1737	115	5	rate	rate	NOUN
framr-1737	115	6	,	,	PUNCT
framr-1737	115	7	debt	debt	NOUN
framr-1737	115	8	service	service	NOUN
framr-1737	115	9	capacity	capacity	NOUN
framr-1737	115	10	and	and	CCONJ
framr-1737	115	11	tangibility	tangibility	NOUN
framr-1737	115	12	had	have	VERB
framr-1737	115	13	a	a	DET
framr-1737	115	14	positive	positive	ADJ
framr-1737	115	15	correlation	correlation	NOUN
framr-1737	115	16	with	with	ADP
framr-1737	115	17	capital	capital	NOUN
framr-1737	115	18	structure	structure	NOUN
framr-1737	115	19	.	.	PUNCT
framr-1737	116	1	bankruptcy	bankruptcy	NOUN
framr-1737	116	2	risk	risk	NOUN
framr-1737	116	3	and	and	CCONJ
framr-1737	116	4	agency	agency	NOUN
framr-1737	116	5	cost	cost	NOUN
framr-1737	116	6	of	of	ADP
framr-1737	116	7	equity	equity	NOUN
framr-1737	116	8	showed	show	VERB
framr-1737	116	9	a	a	DET
framr-1737	116	10	negative	negative	ADJ
framr-1737	116	11	correlation	correlation	NOUN
framr-1737	116	12	to	to	ADP
framr-1737	116	13	debt	debt	NOUN
framr-1737	116	14	ratios	ratio	NOUN
framr-1737	116	15	.	.	PUNCT
framr-1737	117	1	sayeed	sayeed	NOUN
framr-1737	117	2	(	(	PUNCT
framr-1737	117	3	2011	2011	NUM
framr-1737	117	4	)	)	PUNCT
framr-1737	117	5	used	use	VERB
framr-1737	117	6	cross	cross	NOUN
framr-1737	117	7	section	section	NOUN
framr-1737	117	8	random	random	ADJ
framr-1737	117	9	effects	effect	NOUN
framr-1737	117	10	model	model	NOUN
framr-1737	117	11	for	for	ADP
framr-1737	117	12	panel	panel	NOUN
framr-1737	117	13	data	datum	NOUN
framr-1737	117	14	to	to	PART
framr-1737	117	15	explore	explore	VERB
framr-1737	117	16	the	the	DET
framr-1737	117	17	determinants	determinant	NOUN
framr-1737	117	18	of	of	ADP
framr-1737	117	19	capital	capital	NOUN
framr-1737	117	20	structures	structure	NOUN
framr-1737	117	21	of	of	ADP
framr-1737	117	22	selected	select	VERB
framr-1737	117	23	bangladeshi	bangladeshi	ADJ
framr-1737	117	24	listed	list	VERB
framr-1737	117	25	companies	company	NOUN
framr-1737	117	26	.	.	PUNCT
framr-1737	118	1	agency	agency	NOUN
framr-1737	118	2	cost	cost	NOUN
framr-1737	118	3	and	and	CCONJ
framr-1737	118	4	debt	debt	NOUN
framr-1737	118	5	tax	tax	NOUN
framr-1737	118	6	shield	shield	NOUN
framr-1737	118	7	(	(	PUNCT
framr-1737	118	8	e.g.	e.g.	ADV
framr-1737	118	9	depreciation	depreciation	NOUN
framr-1737	118	10	)	)	PUNCT
framr-1737	118	11	had	have	VERB
framr-1737	118	12	a	a	DET
framr-1737	118	13	negative	negative	ADJ
framr-1737	118	14	correlation	correlation	NOUN
framr-1737	118	15	with	with	ADP
framr-1737	118	16	debt	debt	NOUN
framr-1737	118	17	-	-	PUNCT
framr-1737	118	18	equity	equity	NOUN
framr-1737	118	19	ratio	ratio	NOUN
framr-1737	118	20	and	and	CCONJ
framr-1737	118	21	tax	tax	NOUN
framr-1737	118	22	rate	rate	NOUN
framr-1737	118	23	.	.	PUNCT
framr-1737	119	1	firm	firm	ADJ
framr-1737	119	2	size	size	NOUN
framr-1737	119	3	and	and	CCONJ
framr-1737	119	4	collateral	collateral	ADJ
framr-1737	119	5	value	value	NOUN
framr-1737	119	6	of	of	ADP
framr-1737	119	7	assets	asset	NOUN
framr-1737	119	8	had	have	VERB
framr-1737	119	9	a	a	DET
framr-1737	119	10	significant	significant	ADJ
framr-1737	119	11	positive	positive	ADJ
framr-1737	119	12	correlation	correlation	NOUN
framr-1737	119	13	with	with	ADP
framr-1737	119	14	the	the	DET
framr-1737	119	15	ratio	ratio	NOUN
framr-1737	119	16	.	.	PUNCT
framr-1737	120	1	siddiqui	siddiqui	NOUN
framr-1737	120	2	(	(	PUNCT
framr-1737	120	3	2012	2012	NUM
framr-1737	120	4	)	)	PUNCT
framr-1737	120	5	examined	examine	VERB
framr-1737	120	6	the	the	DET
framr-1737	120	7	importance	importance	NOUN
framr-1737	120	8	of	of	ADP
framr-1737	120	9	8	8	NUM
framr-1737	120	10	factors	factor	NOUN
framr-1737	120	11	in	in	ADP
framr-1737	120	12	the	the	DET
framr-1737	120	13	capital	capital	NOUN
framr-1737	120	14	structure	structure	NOUN
framr-1737	120	15	decisions	decision	NOUN
framr-1737	120	16	of	of	ADP
framr-1737	120	17	non	non	ADJ
framr-1737	120	18	-	-	ADJ
framr-1737	120	19	bank	bank	ADJ
framr-1737	120	20	financial	financial	ADJ
framr-1737	120	21	institutions	institution	NOUN
framr-1737	120	22	in	in	ADP
framr-1737	120	23	bangladesh	bangladesh	NOUN
framr-1737	120	24	.	.	PUNCT
framr-1737	121	1	it	it	PRON
framr-1737	121	2	was	be	AUX
framr-1737	121	3	found	find	VERB
framr-1737	121	4	that	that	SCONJ
framr-1737	121	5	factors	factor	NOUN
framr-1737	121	6	such	such	ADJ
framr-1737	121	7	as	as	ADP
framr-1737	121	8	debt	debt	NOUN
framr-1737	121	9	service	service	NOUN
framr-1737	121	10	coverage	coverage	NOUN
framr-1737	121	11	,	,	PUNCT
framr-1737	121	12	liquidity	liquidity	NOUN
framr-1737	121	13	ratio	ratio	NOUN
framr-1737	121	14	,	,	PUNCT
framr-1737	121	15	and	and	CCONJ
framr-1737	121	16	growth	growth	NOUN
framr-1737	121	17	rate	rate	NOUN
framr-1737	121	18	,	,	PUNCT
framr-1737	121	19	operating	operating	NOUN
framr-1737	121	20	leverage	leverage	NOUN
framr-1737	121	21	,	,	PUNCT
framr-1737	121	22	firm	firm	ADJ
framr-1737	121	23	size	size	NOUN
framr-1737	121	24	and	and	CCONJ
framr-1737	121	25	age	age	NOUN
framr-1737	121	26	of	of	ADP
framr-1737	121	27	the	the	DET
framr-1737	121	28	firm	firm	NOUN
framr-1737	121	29	had	have	VERB
framr-1737	121	30	significant	significant	ADJ
framr-1737	121	31	influences	influence	NOUN
framr-1737	121	32	on	on	ADP
framr-1737	121	33	the	the	DET
framr-1737	121	34	capital	capital	NOUN
framr-1737	121	35	structure	structure	NOUN
framr-1737	121	36	of	of	ADP
framr-1737	121	37	bangladeshi	bangladeshi	PROPN
framr-1737	121	38	nbfis	nbfis	PROPN
framr-1737	121	39	.	.	PUNCT
framr-1737	122	1	in	in	ADP
framr-1737	122	2	the	the	DET
framr-1737	122	3	paper	paper	NOUN
framr-1737	122	4	of	of	ADP
framr-1737	122	5	jahan	jahan	PROPN
framr-1737	122	6	(	(	PUNCT
framr-1737	122	7	2014	2014	NUM
framr-1737	122	8	)	)	PUNCT
framr-1737	122	9	tangibility	tangibility	NOUN
framr-1737	122	10	and	and	CCONJ
framr-1737	122	11	profitability	profitability	NOUN
framr-1737	122	12	were	be	AUX
framr-1737	122	13	found	find	VERB
framr-1737	122	14	as	as	ADP
framr-1737	122	15	statistically	statistically	ADV
framr-1737	122	16	-	-	PUNCT
framr-1737	122	17	significant	significant	ADJ
framr-1737	122	18	in	in	ADP
framr-1737	122	19	determining	determine	VERB
framr-1737	122	20	total	total	ADJ
framr-1737	122	21	debt	debt	NOUN
framr-1737	122	22	ratio	ratio	NOUN
framr-1737	122	23	in	in	ADP
framr-1737	122	24	total	total	ADJ
framr-1737	122	25	debt	debt	NOUN
framr-1737	122	26	ratio	ratio	NOUN
framr-1737	122	27	in	in	ADP
framr-1737	122	28	the	the	DET
framr-1737	122	29	bangladeshi	bangladeshi	ADJ
framr-1737	122	30	textile	textile	NOUN
framr-1737	122	31	industry	industry	NOUN
framr-1737	122	32	.	.	PUNCT
framr-1737	123	1	neither	neither	CCONJ
framr-1737	123	2	size	size	NOUN
framr-1737	123	3	nor	nor	CCONJ
framr-1737	123	4	growth	growth	NOUN
framr-1737	123	5	rate	rate	NOUN
framr-1737	123	6	of	of	ADP
framr-1737	123	7	the	the	DET
framr-1737	123	8	company	company	NOUN
framr-1737	123	9	was	be	AUX
framr-1737	123	10	found	find	VERB
framr-1737	123	11	significant	significant	ADJ
framr-1737	123	12	.	.	PUNCT
framr-1737	124	1	ullah	ullah	PROPN
framr-1737	124	2	,	,	PUNCT
framr-1737	124	3	uddin	uddin	PROPN
framr-1737	124	4	,	,	PUNCT
framr-1737	124	5	abdullah	abdullah	PROPN
framr-1737	124	6	,	,	PUNCT
framr-1737	124	7	and	and	CCONJ
framr-1737	124	8	islam	islam	PROPN
framr-1737	124	9	(	(	PUNCT
framr-1737	124	10	2017	2017	NUM
framr-1737	124	11	)	)	PUNCT
framr-1737	124	12	concluded	conclude	VERB
framr-1737	124	13	that	that	SCONJ
framr-1737	124	14	age	age	NOUN
framr-1737	124	15	and	and	CCONJ
framr-1737	124	16	profitability	profitability	NOUN
framr-1737	124	17	of	of	ADP
framr-1737	124	18	the	the	DET
framr-1737	124	19	textile	textile	NOUN
framr-1737	124	20	companies	company	NOUN
framr-1737	124	21	have	have	VERB
framr-1737	124	22	a	a	DET
framr-1737	124	23	significant	significant	ADJ
framr-1737	124	24	relationship	relationship	NOUN
framr-1737	124	25	to	to	ADP
framr-1737	124	26	the	the	DET
framr-1737	124	27	debt	debt	NOUN
framr-1737	124	28	maturity	maturity	NOUN
framr-1737	124	29	of	of	ADP
framr-1737	124	30	the	the	DET
framr-1737	124	31	company	company	NOUN
framr-1737	124	32	.	.	PUNCT
framr-1737	125	1	growth	growth	NOUN
framr-1737	125	2	opportunity	opportunity	NOUN
framr-1737	125	3	was	be	AUX
framr-1737	125	4	not	not	PART
framr-1737	125	5	found	find	VERB
framr-1737	125	6	to	to	PART
framr-1737	125	7	be	be	AUX
framr-1737	125	8	insignificant	insignificant	ADJ
framr-1737	125	9	.	.	PUNCT
framr-1737	126	1	hossain	hossain	PROPN
framr-1737	126	2	and	and	CCONJ
framr-1737	126	3	ali	ali	PROPN
framr-1737	126	4	(	(	PUNCT
framr-1737	126	5	2012	2012	NUM
framr-1737	126	6	)	)	PUNCT
framr-1737	126	7	found	find	VERB
framr-1737	126	8	that	that	SCONJ
framr-1737	126	9	profitability	profitability	NOUN
framr-1737	126	10	,	,	PUNCT
framr-1737	126	11	tangibility	tangibility	NOUN
framr-1737	126	12	,	,	PUNCT
framr-1737	126	13	liquidity	liquidity	NOUN
framr-1737	126	14	,	,	PUNCT
framr-1737	126	15	and	and	CCONJ
framr-1737	126	16	managerial	managerial	ADJ
framr-1737	126	17	ownership	ownership	NOUN
framr-1737	126	18	are	be	AUX
framr-1737	126	19	significant	significant	ADJ
framr-1737	126	20	in	in	ADP
framr-1737	126	21	determining	determine	VERB
framr-1737	126	22	leverage	leverage	NOUN
framr-1737	126	23	.	.	PUNCT
framr-1737	127	1	their	their	PRON
framr-1737	127	2	impact	impact	NOUN
framr-1737	127	3	is	be	AUX
framr-1737	127	4	negative	negative	ADJ
framr-1737	127	5	.	.	PUNCT
framr-1737	128	1	growth	growth	NOUN
framr-1737	128	2	opportunity	opportunity	NOUN
framr-1737	128	3	and	and	CCONJ
framr-1737	128	4	non	non	ADJ
framr-1737	128	5	-	-	ADJ
framr-1737	128	6	debt	debt	ADJ
framr-1737	128	7	tax	tax	NOUN
framr-1737	128	8	shield	shield	NOUN
framr-1737	128	9	were	be	AUX
framr-1737	128	10	significant	significant	ADJ
framr-1737	128	11	in	in	ADP
framr-1737	128	12	determining	determine	VERB
framr-1737	128	13	the	the	DET
framr-1737	128	14	leverage	leverage	NOUN
framr-1737	128	15	of	of	ADP
framr-1737	128	16	the	the	DET
framr-1737	128	17	stock	stock	NOUN
framr-1737	128	18	-	-	PUNCT
framr-1737	128	19	exchange	exchange	NOUN
framr-1737	128	20	-	-	PUNCT
framr-1737	128	21	listed	list	VERB
framr-1737	128	22	companies	company	NOUN
framr-1737	128	23	in	in	ADP
framr-1737	128	24	bangladesh	bangladesh	NOUN
framr-1737	128	25	.	.	PUNCT
framr-1737	129	1	their	their	PRON
framr-1737	129	2	impact	impact	NOUN
framr-1737	129	3	was	be	AUX
framr-1737	129	4	positive	positive	ADJ
framr-1737	129	5	.	.	PUNCT
framr-1737	130	1	moreover	moreover	ADV
framr-1737	130	2	,	,	PUNCT
framr-1737	130	3	size	size	NOUN
framr-1737	130	4	,	,	PUNCT
framr-1737	130	5	earnings	earning	NOUN
framr-1737	130	6	volatility	volatility	NOUN
framr-1737	130	7	,	,	PUNCT
framr-1737	130	8	and	and	CCONJ
framr-1737	130	9	dividend	dividend	NOUN
framr-1737	130	10	payments	payment	NOUN
framr-1737	130	11	were	be	AUX
framr-1737	130	12	insignificant	insignificant	ADJ
framr-1737	130	13	.	.	PUNCT
framr-1737	131	1	alom	alom	NOUN
framr-1737	131	2	(	(	PUNCT
framr-1737	131	3	2013	2013	NUM
framr-1737	131	4	)	)	PUNCT
framr-1737	131	5	found	find	VERB
framr-1737	131	6	significant	significant	ADJ
framr-1737	131	7	and	and	CCONJ
framr-1737	131	8	negative	negative	ADJ
framr-1737	131	9	impact	impact	NOUN
framr-1737	131	10	of	of	ADP
framr-1737	131	11	profitability	profitability	NOUN
framr-1737	131	12	,	,	PUNCT
framr-1737	131	13	collateral	collateral	NOUN
framr-1737	131	14	and	and	CCONJ
framr-1737	131	15	liquidity	liquidity	NOUN
framr-1737	131	16	on	on	ADP
framr-1737	131	17	leverage	leverage	NOUN
framr-1737	131	18	.	.	PUNCT
framr-1737	132	1	increased	increase	VERB
framr-1737	132	2	market	market	NOUN
framr-1737	132	3	to	to	ADP
framr-1737	132	4	book	book	NOUN
framr-1737	132	5	value	value	NOUN
framr-1737	132	6	ratio	ratio	NOUN
framr-1737	132	7	increased	increase	VERB
framr-1737	132	8	leverage	leverage	NOUN
framr-1737	132	9	while	while	SCONJ
framr-1737	132	10	decreased	decrease	VERB
framr-1737	132	11	market	market	NOUN
framr-1737	132	12	to	to	ADP
framr-1737	132	13	book	book	NOUN
framr-1737	132	14	value	value	NOUN
framr-1737	132	15	ratio	ratio	NOUN
framr-1737	132	16	reduced	reduce	VERB
framr-1737	132	17	it	it	PRON
framr-1737	132	18	.	.	PUNCT
framr-1737	133	1	dividend	dividend	NOUN
framr-1737	133	2	payment	payment	NOUN
framr-1737	133	3	and	and	CCONJ
framr-1737	133	4	size	size	NOUN
framr-1737	133	5	were	be	AUX
framr-1737	133	6	found	find	VERB
framr-1737	133	7	to	to	PART
framr-1737	133	8	be	be	AUX
framr-1737	133	9	insignificant	insignificant	ADJ
framr-1737	133	10	.	.	PUNCT
framr-1737	134	1	hossain	hossain	PROPN
framr-1737	134	2	.	.	PUNCT
framr-1737	135	1	and	and	CCONJ
framr-1737	135	2	hossain	hossain	PROPN
framr-1737	135	3	(	(	PUNCT
framr-1737	135	4	2015	2015	NUM
framr-1737	135	5	)	)	PUNCT
framr-1737	135	6	concluded	conclude	VERB
framr-1737	135	7	that	that	SCONJ
framr-1737	135	8	the	the	DET
framr-1737	135	9	relationship	relationship	NOUN
framr-1737	135	10	between	between	ADP
framr-1737	135	11	managerial	managerial	ADJ
framr-1737	135	12	ownership	ownership	NOUN
framr-1737	135	13	and	and	CCONJ
framr-1737	135	14	the	the	DET
framr-1737	135	15	capital	capital	NOUN
framr-1737	135	16	structure	structure	NOUN
framr-1737	135	17	was	be	AUX
framr-1737	135	18	both	both	CCONJ
framr-1737	135	19	significant	significant	ADJ
framr-1737	135	20	and	and	CCONJ
framr-1737	135	21	positive	positive	ADJ
framr-1737	135	22	.	.	PUNCT
framr-1737	136	1	growth	growth	NOUN
framr-1737	136	2	rate	rate	NOUN
framr-1737	136	3	,	,	PUNCT
framr-1737	136	4	profitability	profitability	NOUN
framr-1737	136	5	,	,	PUNCT
framr-1737	136	6	debt	debt	NOUN
framr-1737	136	7	service	service	NOUN
framr-1737	136	8	coverage	coverage	NOUN
framr-1737	136	9	ratio	ratio	NOUN
framr-1737	136	10	,	,	PUNCT
framr-1737	136	11	on	on	ADP
framr-1737	136	12	-	-	PUNCT
framr-1737	136	13	debt	debt	NOUN
framr-1737	136	14	tax	tax	NOUN
framr-1737	136	15	shield	shield	NOUN
framr-1737	136	16	,	,	PUNCT
framr-1737	136	17	financial	financial	ADJ
framr-1737	136	18	costs	cost	NOUN
framr-1737	136	19	,	,	PUNCT
framr-1737	136	20	free	free	ADJ
framr-1737	136	21	cash	cash	NOUN
framr-1737	136	22	flow	flow	NOUN
framr-1737	136	23	to	to	ADP
framr-1737	136	24	firm	firm	NOUN
framr-1737	136	25	,	,	PUNCT
framr-1737	136	26	agency	agency	NOUN
framr-1737	136	27	costs	cost	NOUN
framr-1737	136	28	and	and	CCONJ
framr-1737	136	29	dividend	dividend	NOUN
framr-1737	136	30	payment	payment	NOUN
framr-1737	136	31	had	have	VERB
framr-1737	136	32	a	a	DET
framr-1737	136	33	relationship	relationship	NOUN
framr-1737	136	34	with	with	ADP
framr-1737	136	35	the	the	DET
framr-1737	136	36	capital	capital	NOUN
framr-1737	136	37	structure	structure	NOUN
framr-1737	136	38	that	that	PRON
framr-1737	136	39	was	be	AUX
framr-1737	136	40	both	both	CCONJ
framr-1737	136	41	significant	significant	ADJ
framr-1737	136	42	and	and	CCONJ
framr-1737	136	43	negative	negative	ADJ
framr-1737	136	44	.	.	PUNCT
framr-1737	137	1	higher	high	ADJ
framr-1737	137	2	tangibility	tangibility	NOUN
framr-1737	137	3	and	and	CCONJ
framr-1737	137	4	liquidity	liquidity	NOUN
framr-1737	137	5	ratio	ratio	NOUN
framr-1737	137	6	tended	tend	VERB
framr-1737	137	7	to	to	PART
framr-1737	137	8	be	be	AUX
framr-1737	137	9	associated	associate	VERB
framr-1737	137	10	with	with	ADP
framr-1737	137	11	higher	high	ADJ
framr-1737	137	12	levels	level	NOUN
framr-1737	137	13	of	of	ADP
framr-1737	137	14	long	long	ADJ
framr-1737	137	15	-	-	PUNCT
framr-1737	137	16	term	term	NOUN
framr-1737	137	17	debt	debt	NOUN
framr-1737	137	18	but	but	CCONJ
framr-1737	137	19	with	with	ADP
framr-1737	137	20	lower	low	ADJ
framr-1737	137	21	levels	level	NOUN
framr-1737	137	22	of	of	ADP
framr-1737	137	23	short	short	ADJ
framr-1737	137	24	term	term	NOUN
framr-1737	137	25	debt	debt	NOUN
framr-1737	137	26	and	and	CCONJ
framr-1737	137	27	total	total	ADJ
framr-1737	137	28	debt	debt	NOUN
framr-1737	137	29	.	.	PUNCT
framr-1737	138	1	financial	financial	ADJ
framr-1737	138	2	risk	risk	NOUN
framr-1737	138	3	and	and	CCONJ
framr-1737	138	4	management	management	NOUN
framr-1737	138	5	reviews	review	NOUN
framr-1737	138	6	,	,	PUNCT
framr-1737	138	7	2020	2020	NUM
framr-1737	138	8	,	,	PUNCT
framr-1737	138	9	6(1	6(1	NUM
framr-1737	138	10	):	):	PUNCT
framr-1737	138	11	40	40	NUM
framr-1737	138	12	-	-	SYM
framr-1737	138	13	51	51	NUM
framr-1737	138	14	44	44	NUM
framr-1737	138	15	©	©	PROPN
framr-1737	138	16	2020	2020	NUM
framr-1737	138	17	conscientia	conscientia	PROPN
framr-1737	138	18	beam	beam	PROPN
framr-1737	138	19	.	.	PUNCT
framr-1737	139	1	all	all	DET
framr-1737	139	2	rights	right	NOUN
framr-1737	139	3	reserved	reserve	VERB
framr-1737	139	4	.	.	PUNCT
framr-1737	140	1	imtiaz	imtiaz	PROPN
framr-1737	140	2	,	,	PUNCT
framr-1737	140	3	mahmud	mahmud	PROPN
framr-1737	140	4	,	,	PUNCT
framr-1737	140	5	and	and	CCONJ
framr-1737	140	6	mallik	mallik	PROPN
framr-1737	140	7	(	(	PUNCT
framr-1737	140	8	2016	2016	NUM
framr-1737	140	9	)	)	PUNCT
framr-1737	140	10	studied	study	VERB
framr-1737	140	11	the	the	DET
framr-1737	140	12	bangladesh	bangladesh	PROPN
framr-1737	140	13	pharmaceutical	pharmaceutical	NOUN
framr-1737	140	14	industry	industry	NOUN
framr-1737	140	15	,	,	PUNCT
framr-1737	140	16	found	find	VERB
framr-1737	140	17	tangibility	tangibility	NOUN
framr-1737	140	18	,	,	PUNCT
framr-1737	140	19	profitability	profitability	NOUN
framr-1737	140	20	and	and	CCONJ
framr-1737	140	21	operating	operating	NOUN
framr-1737	140	22	leverage	leverage	NOUN
framr-1737	140	23	to	to	PART
framr-1737	140	24	be	be	AUX
framr-1737	140	25	significant	significant	ADJ
framr-1737	140	26	(	(	PUNCT
framr-1737	140	27	at	at	ADP
framr-1737	140	28	a	a	DET
framr-1737	140	29	1	1	NUM
framr-1737	140	30	%	%	NOUN
framr-1737	140	31	level	level	NOUN
framr-1737	140	32	)	)	PUNCT
framr-1737	140	33	in	in	ADP
framr-1737	140	34	determining	determine	VERB
framr-1737	140	35	capital	capital	NOUN
framr-1737	140	36	structure	structure	NOUN
framr-1737	140	37	.	.	PUNCT
framr-1737	141	1	size	size	NOUN
framr-1737	141	2	,	,	PUNCT
framr-1737	141	3	growth	growth	NOUN
framr-1737	141	4	and	and	CCONJ
framr-1737	141	5	liquidity	liquidity	NOUN
framr-1737	141	6	were	be	AUX
framr-1737	141	7	not	not	PART
framr-1737	141	8	found	find	VERB
framr-1737	141	9	to	to	PART
framr-1737	141	10	be	be	AUX
framr-1737	141	11	significant	significant	ADJ
framr-1737	141	12	.	.	PUNCT
framr-1737	142	1	5	5	X
framr-1737	142	2	.	.	X
framr-1737	142	3	data	datum	NOUN
framr-1737	142	4	and	and	CCONJ
framr-1737	142	5	research	research	NOUN
framr-1737	142	6	methodology	methodology	NOUN
framr-1737	142	7	5.1	5.1	NUM
framr-1737	142	8	data	datum	NOUN
framr-1737	142	9	and	and	CCONJ
framr-1737	142	10	variables	variable	NOUN
framr-1737	142	11	for	for	ADP
framr-1737	142	12	constructing	construct	VERB
framr-1737	142	13	the	the	DET
framr-1737	142	14	panel	panel	NOUN
framr-1737	142	15	dataset	dataset	VERB
framr-1737	142	16	,	,	PUNCT
framr-1737	142	17	10	10	NUM
framr-1737	142	18	a	a	DET
framr-1737	142	19	category	category	NOUN
framr-1737	142	20	companies	company	NOUN
framr-1737	142	21	out	out	ADP
framr-1737	142	22	of	of	ADP
framr-1737	142	23	35	35	NUM
framr-1737	142	24	companies	company	NOUN
framr-1737	142	25	listed	list	VERB
framr-1737	142	26	on	on	ADP
framr-1737	142	27	dhaka	dhaka	PROPN
framr-1737	142	28	stock	stock	PROPN
framr-1737	142	29	exchange	exchange	PROPN
framr-1737	142	30	under	under	ADP
framr-1737	142	31	textile	textile	NOUN
framr-1737	142	32	industry	industry	NOUN
framr-1737	142	33	have	have	AUX
framr-1737	142	34	been	be	AUX
framr-1737	142	35	chosen	choose	VERB
framr-1737	142	36	.	.	PUNCT
framr-1737	143	1	the	the	DET
framr-1737	143	2	data	datum	NOUN
framr-1737	143	3	were	be	AUX
framr-1737	143	4	collected	collect	VERB
framr-1737	143	5	from	from	ADP
framr-1737	143	6	2008	2008	NUM
framr-1737	143	7	-	-	SYM
framr-1737	143	8	2017	2017	NUM
framr-1737	143	9	company	company	NOUN
framr-1737	143	10	annual	annual	ADJ
framr-1737	143	11	reports	report	NOUN
framr-1737	143	12	of	of	ADP
framr-1737	143	13	sample	sample	NOUN
framr-1737	143	14	enterprises	enterprise	NOUN
framr-1737	143	15	because	because	SCONJ
framr-1737	143	16	of	of	ADP
framr-1737	143	17	unavailability	unavailability	NOUN
framr-1737	143	18	and	and	CCONJ
framr-1737	143	19	postponing	postponing	NOUN
framr-1737	143	20	of	of	ADP
framr-1737	143	21	the	the	DET
framr-1737	143	22	business	business	NOUN
framr-1737	143	23	operations	operation	NOUN
framr-1737	143	24	.	.	PUNCT
framr-1737	144	1	the	the	DET
framr-1737	144	2	independent	independent	ADJ
framr-1737	144	3	variables	variable	NOUN
framr-1737	144	4	in	in	ADP
framr-1737	144	5	this	this	DET
framr-1737	144	6	study	study	NOUN
framr-1737	144	7	are	be	AUX
framr-1737	144	8	profitability	profitability	NOUN
framr-1737	144	9	,	,	PUNCT
framr-1737	144	10	asset	asset	NOUN
framr-1737	144	11	tangibility	tangibility	NOUN
framr-1737	144	12	,	,	PUNCT
framr-1737	144	13	growth	growth	NOUN
framr-1737	144	14	,	,	PUNCT
framr-1737	144	15	age	age	NOUN
framr-1737	144	16	,	,	PUNCT
framr-1737	144	17	liquidity	liquidity	NOUN
framr-1737	144	18	,	,	PUNCT
framr-1737	144	19	and	and	CCONJ
framr-1737	144	20	size	size	NOUN
framr-1737	144	21	and	and	CCONJ
framr-1737	144	22	the	the	DET
framr-1737	144	23	dependent	dependent	ADJ
framr-1737	144	24	variable	variable	NOUN
framr-1737	144	25	is	be	AUX
framr-1737	144	26	financial	financial	ADJ
framr-1737	144	27	risk	risk	NOUN
framr-1737	144	28	.	.	PUNCT
framr-1737	145	1	table	table	NOUN
framr-1737	145	2	1	1	NUM
framr-1737	145	3	demonstrates	demonstrate	VERB
framr-1737	145	4	the	the	DET
framr-1737	145	5	operational	operational	ADJ
framr-1737	145	6	definition	definition	NOUN
framr-1737	145	7	of	of	ADP
framr-1737	145	8	the	the	DET
framr-1737	145	9	dependent	dependent	ADJ
framr-1737	145	10	and	and	CCONJ
framr-1737	145	11	independent	independent	ADJ
framr-1737	145	12	variables	variable	NOUN
framr-1737	145	13	.	.	PUNCT
framr-1737	146	1	table-1	table-1	NUM
framr-1737	146	2	.	.	PUNCT
framr-1737	146	3	list	list	NOUN
framr-1737	146	4	of	of	ADP
framr-1737	146	5	operational	operational	ADJ
framr-1737	146	6	variables	variable	NOUN
framr-1737	146	7	.	.	PUNCT
framr-1737	147	1	variable	variable	ADJ
framr-1737	147	2	definition	definition	NOUN
framr-1737	147	3	dependent	dependent	ADJ
framr-1737	147	4	variable	variable	ADJ
framr-1737	147	5	financial	financial	ADJ
framr-1737	147	6	risk	risk	NOUN
framr-1737	147	7	total	total	NOUN
framr-1737	147	8	debt/	debt/	NUM
framr-1737	147	9	total	total	ADJ
framr-1737	147	10	asset	asset	NOUN
framr-1737	147	11	independent	independent	ADJ
framr-1737	147	12	variables	variable	NOUN
framr-1737	147	13	firm	firm	ADJ
framr-1737	147	14	size	size	NOUN
framr-1737	147	15	log(total	log(total	ADJ
framr-1737	147	16	asset	asset	NOUN
framr-1737	147	17	)	)	PUNCT
framr-1737	147	18	profitability	profitability	NOUN
framr-1737	147	19	ebit	ebit	NOUN
framr-1737	147	20	/	/	SYM
framr-1737	147	21	total	total	ADJ
framr-1737	147	22	asset	asset	NOUN
framr-1737	147	23	growth	growth	NOUN
framr-1737	147	24	rate	rate	NOUN
framr-1737	147	25	(	(	PUNCT
framr-1737	147	26	total	total	ADJ
framr-1737	147	27	asset	asset	NOUN
framr-1737	147	28	current	current	ADJ
framr-1737	147	29	year	year	NOUN
framr-1737	147	30	-	-	PUNCT
framr-1737	147	31	total	total	NOUN
framr-1737	147	32	asset	asset	NOUN
framr-1737	147	33	previous	previous	ADJ
framr-1737	147	34	year	year	NOUN
framr-1737	147	35	)	)	PUNCT
framr-1737	147	36	/total	/total	PROPN
framr-1737	148	1	asset	asset	NOUN
framr-1737	148	2	previous	previous	ADJ
framr-1737	148	3	year	year	NOUN
framr-1737	148	4	tangibility	tangibility	NOUN
framr-1737	148	5	fixed	fix	VERB
framr-1737	148	6	asset/	asset/	NUM
framr-1737	148	7	total	total	ADJ
framr-1737	148	8	asset	asset	NOUN
framr-1737	148	9	liquidity	liquidity	NOUN
framr-1737	148	10	total	total	ADJ
framr-1737	148	11	current	current	ADJ
framr-1737	148	12	asset	asset	NOUN
framr-1737	148	13	/	/	SYM
framr-1737	148	14	total	total	ADJ
framr-1737	148	15	current	current	ADJ
framr-1737	148	16	liability	liability	NOUN
framr-1737	148	17	age	age	NOUN
framr-1737	148	18	foundation	foundation	NOUN
framr-1737	148	19	years	year	NOUN
framr-1737	148	20	5.2	5.2	NUM
framr-1737	148	21	.	.	PUNCT
framr-1737	149	1	sampling	sample	VERB
framr-1737	149	2	and	and	CCONJ
framr-1737	149	3	sample	sample	NOUN
framr-1737	149	4	size	size	NOUN
framr-1737	149	5	a	a	DET
framr-1737	149	6	random	random	ADJ
framr-1737	149	7	sampling	sampling	NOUN
framr-1737	149	8	technique	technique	NOUN
framr-1737	149	9	was	be	AUX
framr-1737	149	10	adopted	adopt	VERB
framr-1737	149	11	to	to	PART
framr-1737	149	12	collect	collect	VERB
framr-1737	149	13	data	datum	NOUN
framr-1737	149	14	.	.	PUNCT
framr-1737	150	1	the	the	DET
framr-1737	150	2	sample	sample	NOUN
framr-1737	150	3	size	size	NOUN
framr-1737	150	4	is	be	AUX
framr-1737	150	5	10	10	NUM
framr-1737	150	6	.	.	PUNCT
framr-1737	151	1	the	the	DET
framr-1737	151	2	sample	sample	NOUN
framr-1737	151	3	size	size	NOUN
framr-1737	151	4	is	be	AUX
framr-1737	151	5	selected	select	VERB
framr-1737	151	6	through	through	ADP
framr-1737	151	7	the	the	DET
framr-1737	151	8	following	follow	VERB
framr-1737	151	9	formula	formula	NOUN
framr-1737	151	10	(	(	PUNCT
framr-1737	151	11	yamane	yamane	NOUN
framr-1737	151	12	,	,	PUNCT
framr-1737	151	13	1967	1967	NUM
framr-1737	151	14	)	)	PUNCT
framr-1737	151	15	.	.	PUNCT
framr-1737	152	1	n	n	PROPN
framr-1737	152	2	------------------------(i	------------------------(i	PROPN
framr-1737	152	3	)	)	PUNCT
framr-1737	152	4	here	here	ADV
framr-1737	152	5	,	,	PUNCT
framr-1737	152	6	n	n	NOUN
framr-1737	152	7	=	=	SYM
framr-1737	152	8	sample	sample	NOUN
framr-1737	152	9	size	size	NOUN
framr-1737	152	10	.	.	PUNCT
framr-1737	153	1	n	n	NOUN
framr-1737	153	2	=	=	NOUN
framr-1737	153	3	population	population	NOUN
framr-1737	153	4	size	size	NOUN
framr-1737	153	5	(	(	PUNCT
framr-1737	153	6	listed	list	VERB
framr-1737	153	7	a	a	DET
framr-1737	153	8	category	category	NOUN
framr-1737	153	9	company	company	NOUN
framr-1737	153	10	is	be	AUX
framr-1737	153	11	35	35	NUM
framr-1737	153	12	)	)	PUNCT
framr-1737	153	13	.	.	PUNCT
framr-1737	154	1	e	e	X
framr-1737	154	2	=	=	NOUN
framr-1737	154	3	percentage	percentage	NOUN
framr-1737	154	4	of	of	ADP
framr-1737	154	5	sampling	sample	VERB
framr-1737	154	6	error	error	NOUN
framr-1737	154	7	(	(	PUNCT
framr-1737	154	8	10	10	NUM
framr-1737	154	9	%	%	NOUN
framr-1737	154	10	)	)	PUNCT
framr-1737	154	11	.	.	PUNCT
framr-1737	155	1	we	we	PRON
framr-1737	155	2	put	put	VERB
framr-1737	155	3	the	the	DET
framr-1737	155	4	value	value	NOUN
framr-1737	155	5	of	of	ADP
framr-1737	155	6	population	population	NOUN
framr-1737	155	7	size	size	NOUN
framr-1737	155	8	and	and	CCONJ
framr-1737	155	9	sampling	sample	VERB
framr-1737	155	10	error	error	NOUN
framr-1737	155	11	,	,	PUNCT
framr-1737	155	12	than	than	SCONJ
framr-1737	155	13	we	we	PRON
framr-1737	155	14	got	get	VERB
framr-1737	155	15	the	the	DET
framr-1737	155	16	sample	sample	NOUN
framr-1737	155	17	size	size	NOUN
framr-1737	155	18	of	of	ADP
framr-1737	155	19	18	18	NUM
framr-1737	155	20	.	.	PUNCT
framr-1737	156	1	among	among	ADP
framr-1737	156	2	those	those	PRON
framr-1737	156	3	,	,	PUNCT
framr-1737	156	4	10	10	NUM
framr-1737	156	5	companies	company	NOUN
framr-1737	156	6	are	be	AUX
framr-1737	156	7	listed	list	VERB
framr-1737	156	8	in	in	ADP
framr-1737	156	9	dse	dse	PROPN
framr-1737	156	10	for	for	ADP
framr-1737	156	11	10	10	NUM
framr-1737	156	12	years	year	NOUN
framr-1737	156	13	.	.	PUNCT
framr-1737	157	1	so	so	ADV
framr-1737	157	2	in	in	ADP
framr-1737	157	3	this	this	DET
framr-1737	157	4	study	study	NOUN
framr-1737	157	5	sample	sample	NOUN
framr-1737	157	6	size	size	NOUN
framr-1737	157	7	is	be	AUX
framr-1737	157	8	10	10	NUM
framr-1737	157	9	listed	list	VERB
framr-1737	157	10	acategory	acategory	ADJ
framr-1737	157	11	textile	textile	NOUN
framr-1737	157	12	companies	company	NOUN
framr-1737	157	13	.	.	PUNCT
framr-1737	158	1	5.4	5.4	NUM
framr-1737	158	2	.	.	PUNCT
framr-1737	158	3	model	model	NOUN
framr-1737	158	4	and	and	CCONJ
framr-1737	158	5	estimation	estimation	NOUN
framr-1737	158	6	multiple	multiple	ADJ
framr-1737	158	7	regression	regression	NOUN
framr-1737	158	8	analysis	analysis	NOUN
framr-1737	158	9	has	have	AUX
framr-1737	158	10	been	be	AUX
framr-1737	158	11	used	use	VERB
framr-1737	158	12	in	in	ADP
framr-1737	158	13	the	the	DET
framr-1737	158	14	study	study	NOUN
framr-1737	158	15	to	to	PART
framr-1737	158	16	analyze	analyze	VERB
framr-1737	158	17	the	the	DET
framr-1737	158	18	association	association	NOUN
framr-1737	158	19	between	between	ADP
framr-1737	158	20	leverage	leverage	NOUN
framr-1737	158	21	ratio	ratio	NOUN
framr-1737	158	22	and	and	CCONJ
framr-1737	158	23	a	a	DET
framr-1737	158	24	set	set	NOUN
framr-1737	158	25	of	of	ADP
framr-1737	158	26	firm	firm	ADJ
framr-1737	158	27	-	-	PUNCT
framr-1737	158	28	specific	specific	ADJ
framr-1737	158	29	variables	variable	NOUN
framr-1737	158	30	which	which	PRON
framr-1737	158	31	are	be	AUX
framr-1737	158	32	profitability	profitability	NOUN
framr-1737	158	33	,	,	PUNCT
framr-1737	158	34	tangibility	tangibility	NOUN
framr-1737	158	35	,	,	PUNCT
framr-1737	158	36	growth	growth	NOUN
framr-1737	158	37	,	,	PUNCT
framr-1737	158	38	age	age	NOUN
framr-1737	158	39	,	,	PUNCT
framr-1737	158	40	liquidity	liquidity	NOUN
framr-1737	158	41	,	,	PUNCT
framr-1737	158	42	and	and	CCONJ
framr-1737	158	43	size	size	NOUN
framr-1737	158	44	.	.	PUNCT
framr-1737	159	1	the	the	DET
framr-1737	159	2	following	follow	VERB
framr-1737	159	3	equation	equation	NOUN
framr-1737	159	4	expressed	express	VERB
framr-1737	159	5	in	in	ADP
framr-1737	159	6	econometric	econometric	ADJ
framr-1737	159	7	form	form	NOUN
framr-1737	159	8	has	have	AUX
framr-1737	159	9	been	be	AUX
framr-1737	159	10	developed	develop	VERB
framr-1737	159	11	based	base	VERB
framr-1737	159	12	on	on	ADP
framr-1737	159	13	the	the	DET
framr-1737	159	14	variables	variable	NOUN
framr-1737	159	15	used	use	VERB
framr-1737	159	16	in	in	ADP
framr-1737	159	17	this	this	DET
framr-1737	159	18	study	study	NOUN
framr-1737	159	19	for	for	ADP
framr-1737	159	20	conducting	conduct	VERB
framr-1737	159	21	the	the	DET
framr-1737	159	22	test	test	NOUN
framr-1737	159	23	:	:	PUNCT
framr-1737	159	24	the	the	DET
framr-1737	159	25	result	result	NOUN
framr-1737	159	26	of	of	ADP
framr-1737	159	27	the	the	DET
framr-1737	159	28	study	study	NOUN
framr-1737	159	29	was	be	AUX
framr-1737	159	30	a	a	DET
framr-1737	159	31	capital	capital	NOUN
framr-1737	159	32	structure	structure	NOUN
framr-1737	159	33	model	model	NOUN
framr-1737	159	34	in	in	ADP
framr-1737	159	35	which	which	PRON
framr-1737	159	36	total	total	ADJ
framr-1737	159	37	debt	debt	NOUN
framr-1737	159	38	ratio	ratio	NOUN
framr-1737	159	39	is	be	AUX
framr-1737	159	40	a	a	DET
framr-1737	159	41	function	function	NOUN
framr-1737	159	42	of	of	ADP
framr-1737	159	43	:	:	PUNCT
framr-1737	159	44	financial	financial	ADJ
framr-1737	159	45	risk	risk	NOUN
framr-1737	159	46	and	and	CCONJ
framr-1737	159	47	management	management	NOUN
framr-1737	159	48	reviews	review	NOUN
framr-1737	159	49	,	,	PUNCT
framr-1737	159	50	2020	2020	NUM
framr-1737	159	51	,	,	PUNCT
framr-1737	159	52	6(1	6(1	NUM
framr-1737	159	53	):	):	PUNCT
framr-1737	159	54	40	40	NUM
framr-1737	159	55	-	-	SYM
framr-1737	159	56	51	51	NUM
framr-1737	159	57	45	45	NUM
framr-1737	159	58	©	©	PROPN
framr-1737	159	59	2020	2020	NUM
framr-1737	159	60	conscientia	conscientia	PROPN
framr-1737	159	61	beam	beam	PROPN
framr-1737	159	62	.	.	PUNCT
framr-1737	160	1	all	all	DET
framr-1737	160	2	rights	right	NOUN
framr-1737	160	3	reserved	reserve	VERB
framr-1737	160	4	.	.	PUNCT
framr-1737	161	1	(	(	PUNCT
framr-1737	161	2	1	1	X
framr-1737	161	3	)	)	PUNCT
framr-1737	161	4	profitability	profitability	NOUN
framr-1737	161	5	.	.	PUNCT
framr-1737	162	1	(	(	PUNCT
framr-1737	162	2	2	2	X
framr-1737	162	3	)	)	PUNCT
framr-1737	162	4	asset	asset	NOUN
framr-1737	162	5	tangibility	tangibility	NOUN
framr-1737	162	6	.	.	PUNCT
framr-1737	163	1	(	(	PUNCT
framr-1737	163	2	3	3	X
framr-1737	163	3	)	)	PUNCT
framr-1737	163	4	growth	growth	NOUN
framr-1737	163	5	.	.	PUNCT
framr-1737	164	1	(	(	PUNCT
framr-1737	164	2	4	4	X
framr-1737	164	3	)	)	PUNCT
framr-1737	164	4	age	age	NOUN
framr-1737	164	5	.	.	PUNCT
framr-1737	165	1	(	(	PUNCT
framr-1737	165	2	5	5	X
framr-1737	165	3	)	)	PUNCT
framr-1737	165	4	liquidity	liquidity	NOUN
framr-1737	165	5	.	.	PUNCT
framr-1737	166	1	(	(	PUNCT
framr-1737	166	2	6	6	NUM
framr-1737	166	3	)	)	PUNCT
framr-1737	166	4	size	size	NOUN
framr-1737	166	5	of	of	ADP
framr-1737	166	6	the	the	DET
framr-1737	166	7	firm	firm	NOUN
framr-1737	166	8	:	:	PUNCT
framr-1737	166	9	yit	yit	PROPN
framr-1737	166	10	=	=	SYM
framr-1737	166	11	αi	αi	VERB
framr-1737	167	1	+	+	PUNCT
framr-1737	167	2	β1*profitability	β1*profitability	PUNCT
framr-1737	168	1	+	+	CCONJ
framr-1737	168	2	β2*asset	β2*asset	PUNCT
framr-1737	168	3	tangibility	tangibility	NOUN
framr-1737	168	4	+	+	CCONJ
framr-1737	168	5	β3*growth	β3*growth	PUNCT
framr-1737	168	6	+	+	CCONJ
framr-1737	168	7	β4*age	β4*age	NOUN
framr-1737	168	8	+	+	X
framr-1737	168	9	β5*liquidity	β5*liquidity	PUNCT
framr-1737	169	1	+	+	CCONJ
framr-1737	169	2	β5*size	β5*size	PUNCT
framr-1737	169	3	+	+	SYM
framr-1737	169	4	ɛit--	ɛit--	NUM
framr-1737	169	5	(	(	PUNCT
framr-1737	169	6	ii	ii	NOUN
framr-1737	169	7	)	)	PUNCT
framr-1737	169	8	note	note	NOUN
framr-1737	169	9	:	:	PUNCT
framr-1737	170	1	i	i	PRON
framr-1737	170	2	=	=	NOUN
framr-1737	170	3	number	number	NOUN
framr-1737	170	4	of	of	ADP
framr-1737	170	5	companies	company	NOUN
framr-1737	170	6	with	with	ADP
framr-1737	170	7	i=	i=	PROPN
framr-1737	170	8	1,2	1,2	NUM
framr-1737	170	9	…	…	PUNCT
framr-1737	170	10	..	..	PUNCT
framr-1737	170	11	n.	n.	PROPN
framr-1737	170	12	t	t	NOUN
framr-1737	171	1	=	=	PUNCT
framr-1737	171	2	number	number	NOUN
framr-1737	171	3	of	of	ADP
framr-1737	171	4	years	year	NOUN
framr-1737	171	5	for	for	ADP
framr-1737	171	6	which	which	PRON
framr-1737	171	7	data	datum	NOUN
framr-1737	171	8	were	be	AUX
framr-1737	171	9	collected	collect	VERB
framr-1737	171	10	(	(	PUNCT
framr-1737	171	11	here	here	ADV
framr-1737	171	12	,	,	PUNCT
framr-1737	171	13	n=	n=	ADV
framr-1737	171	14	10	10	NUM
framr-1737	171	15	and	and	CCONJ
framr-1737	171	16	t	t	NOUN
framr-1737	171	17	=	=	PUNCT
framr-1737	172	1	10	10	NUM
framr-1737	173	1	[	[	NOUN
framr-1737	173	2	years	year	NOUN
framr-1737	173	3	]	]	PUNCT
framr-1737	173	4	)	)	PUNCT
framr-1737	173	5	.	.	PUNCT
framr-1737	174	1	αi	αi	PART
framr-1737	175	1	=	=	PUNCT
framr-1737	175	2	constant	constant	ADJ
framr-1737	175	3	value	value	NOUN
framr-1737	175	4	(	(	PUNCT
framr-1737	175	5	the	the	DET
framr-1737	175	6	unknown	unknown	ADJ
framr-1737	175	7	intercept	intercept	NOUN
framr-1737	175	8	for	for	ADP
framr-1737	175	9	time	time	NOUN
framr-1737	175	10	)	)	PUNCT
framr-1737	175	11	.	.	PUNCT
framr-1737	176	1	yit	yit	NOUN
framr-1737	176	2	=	=	NOUN
framr-1737	176	3	capital	capital	NOUN
framr-1737	176	4	structure	structure	NOUN
framr-1737	176	5	(	(	PUNCT
framr-1737	176	6	dependent	dependent	ADJ
framr-1737	176	7	variable	variable	NOUN
framr-1737	176	8	)	)	PUNCT
framr-1737	176	9	.	.	PUNCT
framr-1737	177	1	β1	β1	NOUN
framr-1737	177	2	to	to	ADP
framr-1737	177	3	β6	β6	PROPN
framr-1737	177	4	all	all	PRON
framr-1737	177	5	are	be	AUX
framr-1737	177	6	the	the	DET
framr-1737	177	7	slopes	slope	NOUN
framr-1737	177	8	of	of	ADP
framr-1737	177	9	the	the	DET
framr-1737	177	10	independent	independent	ADJ
framr-1737	177	11	variables	variable	NOUN
framr-1737	177	12	of	of	ADP
framr-1737	177	13	the	the	DET
framr-1737	177	14	regression	regression	NOUN
framr-1737	177	15	.	.	PUNCT
framr-1737	178	1	ɛ	ɛ	PROPN
framr-1737	178	2	=	=	NOUN
framr-1737	178	3	error	error	NOUN
framr-1737	178	4	(	(	PUNCT
framr-1737	178	5	normally	normally	ADV
framr-1737	178	6	distributed	distribute	VERB
framr-1737	178	7	error	error	NOUN
framr-1737	178	8	term	term	NOUN
framr-1737	178	9	with	with	ADP
framr-1737	178	10	an	an	DET
framr-1737	178	11	assumed	assumed	ADJ
framr-1737	178	12	mean	mean	ADJ
framr-1737	178	13	value	value	NOUN
framr-1737	178	14	of	of	ADP
framr-1737	178	15	0	0	NUM
framr-1737	178	16	)	)	PUNCT
framr-1737	178	17	.	.	PUNCT
framr-1737	179	1	the	the	DET
framr-1737	179	2	independent	independent	ADJ
framr-1737	179	3	variables	variable	NOUN
framr-1737	179	4	were	be	AUX
framr-1737	179	5	structured	structure	VERB
framr-1737	179	6	to	to	PART
framr-1737	179	7	minimize	minimize	VERB
framr-1737	179	8	the	the	DET
framr-1737	179	9	likelihood	likelihood	NOUN
framr-1737	179	10	of	of	ADP
framr-1737	179	11	multicollinearity	multicollinearity	NOUN
framr-1737	179	12	problem	problem	NOUN
framr-1737	179	13	.	.	PUNCT
framr-1737	180	1	multicollinearity	multicollinearity	NOUN
framr-1737	180	2	was	be	AUX
framr-1737	180	3	tested	test	VERB
framr-1737	180	4	by	by	ADP
framr-1737	180	5	the	the	DET
framr-1737	180	6	variance	variance	NOUN
framr-1737	180	7	inflation	inflation	NOUN
framr-1737	180	8	factor	factor	NOUN
framr-1737	180	9	or	or	CCONJ
framr-1737	180	10	vif	vif	NOUN
framr-1737	180	11	method	method	NOUN
framr-1737	180	12	.	.	PUNCT
framr-1737	181	1	the	the	DET
framr-1737	181	2	significance	significance	NOUN
framr-1737	181	3	of	of	ADP
framr-1737	181	4	independent	independent	ADJ
framr-1737	181	5	variables	variable	NOUN
framr-1737	181	6	in	in	ADP
framr-1737	181	7	determining	determine	VERB
framr-1737	181	8	the	the	DET
framr-1737	181	9	companies	company	NOUN
framr-1737	181	10	’	'	PUNCT
framr-1737	181	11	capital	capital	NOUN
framr-1737	181	12	structure	structure	NOUN
framr-1737	181	13	was	be	AUX
framr-1737	181	14	deduced	deduce	VERB
framr-1737	181	15	by	by	ADP
framr-1737	181	16	(	(	PUNCT
framr-1737	181	17	panel	panel	NOUN
framr-1737	181	18	)	)	PUNCT
framr-1737	181	19	multiple	multiple	ADJ
framr-1737	181	20	regression	regression	NOUN
framr-1737	181	21	analysis	analysis	NOUN
framr-1737	181	22	,	,	PUNCT
framr-1737	181	23	using	use	VERB
framr-1737	181	24	“	"	PUNCT
framr-1737	181	25	stata	stata	ADJ
framr-1737	181	26	”	"	PUNCT
framr-1737	181	27	software	software	NOUN
framr-1737	181	28	and	and	CCONJ
framr-1737	181	29	considering	consider	VERB
framr-1737	181	30	both	both	DET
framr-1737	181	31	fixed	fix	VERB
framr-1737	181	32	-	-	PUNCT
framr-1737	181	33	effect	effect	NOUN
framr-1737	181	34	and	and	CCONJ
framr-1737	181	35	random	random	ADJ
framr-1737	181	36	-	-	PUNCT
framr-1737	181	37	effect	effect	NOUN
framr-1737	181	38	models	model	NOUN
framr-1737	181	39	.	.	PUNCT
framr-1737	182	1	6	6	X
framr-1737	182	2	.	.	X
framr-1737	182	3	results	result	NOUN
framr-1737	182	4	and	and	CCONJ
framr-1737	182	5	discussion	discussion	NOUN
framr-1737	182	6	6.1	6.1	NUM
framr-1737	182	7	.	.	PUNCT
framr-1737	183	1	factors	factor	NOUN
framr-1737	183	2	affecting	affect	VERB
framr-1737	183	3	capital	capital	NOUN
framr-1737	183	4	structure	structure	NOUN
framr-1737	183	5	these	these	DET
framr-1737	183	6	factors	factor	NOUN
framr-1737	183	7	are	be	AUX
framr-1737	183	8	the	the	DET
framr-1737	183	9	independent	independent	ADJ
framr-1737	183	10	variables	variable	NOUN
framr-1737	183	11	listed	list	VERB
framr-1737	183	12	above	above	ADV
framr-1737	183	13	,	,	PUNCT
framr-1737	183	14	at	at	ADP
framr-1737	183	15	the	the	DET
framr-1737	183	16	end	end	NOUN
framr-1737	183	17	of	of	ADP
framr-1737	183	18	the	the	DET
framr-1737	183	19	methodology	methodology	NOUN
framr-1737	183	20	section	section	NOUN
framr-1737	183	21	.	.	PUNCT
framr-1737	184	1	the	the	DET
framr-1737	184	2	study	study	NOUN
framr-1737	184	3	finds	find	VERB
framr-1737	184	4	that	that	SCONJ
framr-1737	184	5	these	these	DET
framr-1737	184	6	6	6	NUM
framr-1737	184	7	factors	factor	NOUN
framr-1737	184	8	are	be	AUX
framr-1737	184	9	statistically	statistically	ADV
framr-1737	184	10	significant	significant	ADJ
framr-1737	184	11	in	in	ADP
framr-1737	184	12	determining	determine	VERB
framr-1737	184	13	the	the	DET
framr-1737	184	14	capital	capital	NOUN
framr-1737	184	15	structure	structure	NOUN
framr-1737	184	16	,	,	PUNCT
framr-1737	184	17	or	or	CCONJ
framr-1737	184	18	leverage	leverage	NOUN
framr-1737	184	19	,	,	PUNCT
framr-1737	184	20	essentially	essentially	ADV
framr-1737	184	21	the	the	DET
framr-1737	184	22	debt	debt	NOUN
framr-1737	184	23	-	-	PUNCT
framr-1737	184	24	assets	asset	NOUN
framr-1737	184	25	mix	mix	NOUN
framr-1737	184	26	in	in	ADP
framr-1737	184	27	fund	fund	NOUN
framr-1737	184	28	-	-	PUNCT
framr-1737	184	29	raising	raising	NOUN
framr-1737	184	30	as	as	ADV
framr-1737	184	31	defined	define	VERB
framr-1737	184	32	in	in	ADP
framr-1737	184	33	the	the	DET
framr-1737	184	34	introduction	introduction	NOUN
framr-1737	184	35	section	section	NOUN
framr-1737	184	36	above	above	ADV
framr-1737	184	37	,	,	PUNCT
framr-1737	184	38	of	of	ADP
framr-1737	184	39	a	a	DET
framr-1737	184	40	publicly	publicly	ADV
framr-1737	184	41	-	-	PUNCT
framr-1737	184	42	traded	trade	VERB
framr-1737	184	43	company	company	NOUN
framr-1737	184	44	in	in	ADP
framr-1737	184	45	the	the	DET
framr-1737	184	46	textile	textile	NOUN
framr-1737	184	47	industry	industry	NOUN
framr-1737	184	48	of	of	ADP
framr-1737	184	49	bangladesh	bangladesh	NOUN
framr-1737	184	50	.	.	PUNCT
framr-1737	185	1	6.1.1	6.1.1	X
framr-1737	185	2	.	.	PUNCT
framr-1737	185	3	dependent	dependent	ADJ
framr-1737	185	4	variable	variable	ADJ
framr-1737	185	5	financial	financial	ADJ
framr-1737	185	6	risk	risk	NOUN
framr-1737	185	7	(	(	PUNCT
framr-1737	185	8	debt	debt	NOUN
framr-1737	185	9	ratio	ratio	NOUN
framr-1737	185	10	)	)	PUNCT
framr-1737	185	11	has	have	AUX
framr-1737	185	12	been	be	AUX
framr-1737	185	13	selected	select	VERB
framr-1737	185	14	as	as	ADP
framr-1737	185	15	a	a	DET
framr-1737	185	16	dummy	dummy	ADJ
framr-1737	185	17	variable	variable	NOUN
framr-1737	185	18	for	for	ADP
framr-1737	185	19	the	the	DET
framr-1737	185	20	capital	capital	NOUN
framr-1737	185	21	structure	structure	NOUN
framr-1737	185	22	of	of	ADP
framr-1737	185	23	a	a	DET
framr-1737	185	24	publiclytraded	publiclytrade	VERB
framr-1737	185	25	company	company	NOUN
framr-1737	185	26	in	in	ADP
framr-1737	185	27	the	the	DET
framr-1737	185	28	bangladesh	bangladesh	NOUN
framr-1737	185	29	textile	textile	NOUN
framr-1737	185	30	industry	industry	NOUN
framr-1737	185	31	.	.	PUNCT
framr-1737	186	1	many	many	ADJ
framr-1737	186	2	published	publish	VERB
framr-1737	186	3	studies	study	NOUN
framr-1737	186	4	have	have	AUX
framr-1737	186	5	taken	take	VERB
framr-1737	186	6	this	this	DET
framr-1737	186	7	approach	approach	NOUN
framr-1737	186	8	to	to	PART
framr-1737	186	9	measure	measure	VERB
framr-1737	186	10	the	the	DET
framr-1737	186	11	capital	capital	NOUN
framr-1737	186	12	structure	structure	NOUN
framr-1737	186	13	of	of	ADP
framr-1737	186	14	a	a	DET
framr-1737	186	15	company	company	NOUN
framr-1737	186	16	:	:	PUNCT
framr-1737	186	17	(	(	PUNCT
framr-1737	186	18	janbaz	janbaz	PROPN
framr-1737	186	19	,	,	PUNCT
framr-1737	186	20	2010	2010	NUM
framr-1737	186	21	;	;	PUNCT
framr-1737	186	22	lópez	lópez	NOUN
framr-1737	186	23	-	-	PUNCT
framr-1737	186	24	gracia	gracia	PROPN
framr-1737	186	25	&	&	CCONJ
framr-1737	186	26	sogorb	sogorb	NOUN
framr-1737	186	27	-	-	PUNCT
framr-1737	186	28	mira	mira	NOUN
framr-1737	186	29	,	,	PUNCT
framr-1737	186	30	2008	2008	NUM
framr-1737	186	31	;	;	PUNCT
framr-1737	186	32	rajan	rajan	PROPN
framr-1737	186	33	&	&	CCONJ
framr-1737	186	34	zingales	zingales	PROPN
framr-1737	186	35	,	,	PUNCT
framr-1737	186	36	1995	1995	NUM
framr-1737	186	37	;	;	PUNCT
framr-1737	186	38	sheikh	sheikh	PROPN
framr-1737	186	39	&	&	CCONJ
framr-1737	186	40	wang	wang	PROPN
framr-1737	186	41	,	,	PUNCT
framr-1737	186	42	2010	2010	NUM
framr-1737	186	43	)	)	PUNCT
framr-1737	186	44	.	.	PUNCT
framr-1737	187	1	in	in	ADP
framr-1737	187	2	choosing	choose	VERB
framr-1737	187	3	this	this	DET
framr-1737	187	4	approach	approach	NOUN
framr-1737	187	5	,	,	PUNCT
framr-1737	187	6	we	we	PRON
framr-1737	187	7	reject	reject	VERB
framr-1737	187	8	the	the	DET
framr-1737	187	9	book	book	NOUN
framr-1737	187	10	value	value	NOUN
framr-1737	187	11	of	of	ADP
framr-1737	187	12	debt	debt	NOUN
framr-1737	187	13	as	as	ADP
framr-1737	187	14	a	a	DET
framr-1737	187	15	measure	measure	NOUN
framr-1737	187	16	of	of	ADP
framr-1737	187	17	capital	capital	NOUN
framr-1737	187	18	structure	structure	NOUN
framr-1737	187	19	,	,	PUNCT
framr-1737	187	20	as	as	SCONJ
framr-1737	187	21	it	it	PRON
framr-1737	187	22	is	be	AUX
framr-1737	187	23	comparatively	comparatively	ADV
framr-1737	187	24	outdated	outdated	ADJ
framr-1737	187	25	(	(	PUNCT
framr-1737	187	26	fama	fama	PROPN
framr-1737	187	27	&	&	CCONJ
framr-1737	187	28	french	french	PROPN
framr-1737	187	29	,	,	PUNCT
framr-1737	187	30	2002	2002	NUM
framr-1737	187	31	)	)	PUNCT
framr-1737	187	32	.	.	PUNCT
framr-1737	188	1	6.1.2	6.1.2	X
framr-1737	188	2	.	.	PUNCT
framr-1737	188	3	independent	independent	ADJ
framr-1737	188	4	variables	variable	NOUN
framr-1737	188	5	firm	firm	ADJ
framr-1737	188	6	size	size	NOUN
framr-1737	188	7	is	be	AUX
framr-1737	188	8	found	find	VERB
framr-1737	188	9	from	from	ADP
framr-1737	188	10	this	this	DET
framr-1737	188	11	data	datum	NOUN
framr-1737	188	12	to	to	PART
framr-1737	188	13	have	have	VERB
framr-1737	188	14	a	a	DET
framr-1737	188	15	negative	negative	ADJ
framr-1737	188	16	correlation	correlation	NOUN
framr-1737	188	17	with	with	ADP
framr-1737	188	18	debt	debt	NOUN
framr-1737	188	19	ratio	ratio	NOUN
framr-1737	188	20	,	,	PUNCT
framr-1737	188	21	meaning	mean	VERB
framr-1737	188	22	that	that	SCONJ
framr-1737	188	23	bigger	big	ADJ
framr-1737	188	24	firms	firm	NOUN
framr-1737	188	25	have	have	VERB
framr-1737	188	26	lower	low	ADJ
framr-1737	188	27	debt	debt	NOUN
framr-1737	188	28	ratios	ratio	NOUN
framr-1737	188	29	and	and	CCONJ
framr-1737	188	30	less	less	ADJ
framr-1737	188	31	leverage	leverage	NOUN
framr-1737	188	32	.	.	PUNCT
framr-1737	189	1	this	this	PRON
framr-1737	189	2	is	be	AUX
framr-1737	189	3	logical	logical	ADJ
framr-1737	189	4	,	,	PUNCT
framr-1737	189	5	as	as	SCONJ
framr-1737	189	6	bigger	big	ADJ
framr-1737	189	7	firms	firm	NOUN
framr-1737	189	8	have	have	VERB
framr-1737	189	9	more	more	ADJ
framr-1737	189	10	assets	asset	NOUN
framr-1737	189	11	to	to	PART
framr-1737	189	12	use	use	VERB
framr-1737	189	13	in	in	ADP
framr-1737	189	14	obtaining	obtain	VERB
framr-1737	189	15	finance	finance	NOUN
framr-1737	189	16	without	without	ADP
framr-1737	189	17	debt	debt	NOUN
framr-1737	189	18	.	.	PUNCT
framr-1737	190	1	company	company	NOUN
framr-1737	190	2	size	size	NOUN
framr-1737	190	3	is	be	AUX
framr-1737	190	4	measured	measure	VERB
framr-1737	190	5	in	in	ADP
framr-1737	190	6	this	this	DET
framr-1737	190	7	study	study	NOUN
framr-1737	190	8	as	as	ADP
framr-1737	190	9	the	the	DET
framr-1737	190	10	natural	natural	ADJ
framr-1737	190	11	logarithm	logarithm	NOUN
framr-1737	190	12	of	of	ADP
framr-1737	190	13	total	total	ADJ
framr-1737	190	14	assets	asset	NOUN
framr-1737	190	15	(	(	PUNCT
framr-1737	190	16	abor	abor	NOUN
framr-1737	190	17	,	,	PUNCT
framr-1737	190	18	2008	2008	NUM
framr-1737	190	19	;	;	PUNCT
framr-1737	190	20	janbaz	janbaz	PROPN
framr-1737	190	21	,	,	PUNCT
framr-1737	190	22	2010	2010	NUM
framr-1737	190	23	)	)	PUNCT
framr-1737	190	24	.	.	PUNCT
framr-1737	191	1	this	this	DET
framr-1737	191	2	finding	finding	NOUN
framr-1737	191	3	contradicts	contradict	VERB
framr-1737	191	4	most	most	ADJ
framr-1737	191	5	of	of	ADP
framr-1737	191	6	the	the	DET
framr-1737	191	7	published	publish	VERB
framr-1737	191	8	theories	theory	NOUN
framr-1737	191	9	trade	trade	NOUN
framr-1737	191	10	-	-	PUNCT
framr-1737	191	11	off	off	ADP
framr-1737	191	12	theory	theory	NOUN
framr-1737	191	13	titman	titman	NOUN
framr-1737	191	14	and	and	CCONJ
framr-1737	191	15	wessels	wessels	PROPN
framr-1737	191	16	(	(	PUNCT
framr-1737	191	17	1988	1988	NUM
framr-1737	191	18	)	)	PUNCT
framr-1737	191	19	and	and	CCONJ
framr-1737	191	20	,	,	PUNCT
framr-1737	191	21	implicitly	implicitly	ADV
framr-1737	191	22	,	,	PUNCT
framr-1737	191	23	agency	agency	NOUN
framr-1737	191	24	cost	cost	NOUN
framr-1737	191	25	theory	theory	NOUN
framr-1737	191	26	posit	posit	VERB
framr-1737	191	27	a	a	DET
framr-1737	191	28	positive	positive	ADJ
framr-1737	191	29	relationship	relationship	NOUN
framr-1737	191	30	between	between	ADP
framr-1737	191	31	company	company	NOUN
framr-1737	191	32	size	size	NOUN
framr-1737	191	33	and	and	CCONJ
framr-1737	191	34	leverage	leverage	NOUN
framr-1737	191	35	however	however	ADV
framr-1737	191	36	,	,	PUNCT
framr-1737	191	37	our	our	PRON
framr-1737	191	38	results	result	NOUN
framr-1737	191	39	confirm	confirm	VERB
framr-1737	191	40	the	the	DET
framr-1737	191	41	expectation	expectation	NOUN
framr-1737	191	42	of	of	ADP
framr-1737	191	43	pecking	pecking	NOUN
framr-1737	191	44	-	-	PUNCT
framr-1737	191	45	order	order	NOUN
framr-1737	191	46	theory	theory	NOUN
framr-1737	191	47	,	,	PUNCT
framr-1737	191	48	which	which	PRON
framr-1737	191	49	predicts	predict	VERB
framr-1737	191	50	a	a	DET
framr-1737	191	51	negative	negative	ADJ
framr-1737	191	52	correlation	correlation	NOUN
framr-1737	191	53	between	between	ADP
framr-1737	191	54	leverage	leverage	NOUN
framr-1737	191	55	and	and	CCONJ
framr-1737	191	56	company	company	NOUN
framr-1737	191	57	size	size	NOUN
framr-1737	191	58	,	,	PUNCT
framr-1737	191	59	because	because	SCONJ
framr-1737	191	60	of	of	ADP
framr-1737	191	61	the	the	DET
framr-1737	191	62	lack	lack	NOUN
framr-1737	191	63	of	of	ADP
framr-1737	191	64	equal	equal	ADJ
framr-1737	191	65	access	access	NOUN
framr-1737	191	66	to	to	ADP
framr-1737	191	67	information	information	NOUN
framr-1737	191	68	between	between	ADP
framr-1737	191	69	managers	manager	NOUN
framr-1737	191	70	and	and	CCONJ
framr-1737	191	71	outside	outside	ADJ
framr-1737	191	72	investors	investor	NOUN
framr-1737	191	73	as	as	SCONJ
framr-1737	191	74	companies	company	NOUN
framr-1737	191	75	grow	grow	VERB
framr-1737	191	76	larger	large	ADJ
framr-1737	191	77	.	.	PUNCT
framr-1737	192	1	financial	financial	ADJ
framr-1737	192	2	risk	risk	NOUN
framr-1737	192	3	and	and	CCONJ
framr-1737	192	4	management	management	NOUN
framr-1737	192	5	reviews	review	NOUN
framr-1737	192	6	,	,	PUNCT
framr-1737	192	7	2020	2020	NUM
framr-1737	192	8	,	,	PUNCT
framr-1737	192	9	6(1	6(1	NUM
framr-1737	192	10	):	):	PUNCT
framr-1737	192	11	40	40	NUM
framr-1737	192	12	-	-	SYM
framr-1737	192	13	51	51	NUM
framr-1737	192	14	46	46	NUM
framr-1737	192	15	©	©	PROPN
framr-1737	192	16	2020	2020	NUM
framr-1737	192	17	conscientia	conscientia	PROPN
framr-1737	192	18	beam	beam	PROPN
framr-1737	192	19	.	.	PUNCT
framr-1737	193	1	all	all	DET
framr-1737	193	2	rights	right	NOUN
framr-1737	193	3	reserved	reserve	VERB
framr-1737	193	4	.	.	PUNCT
framr-1737	194	1	profitability	profitability	NOUN
framr-1737	194	2	is	be	AUX
framr-1737	194	3	shown	show	VERB
framr-1737	194	4	by	by	ADP
framr-1737	194	5	our	our	PRON
framr-1737	194	6	data	datum	NOUN
framr-1737	194	7	to	to	PART
framr-1737	194	8	have	have	VERB
framr-1737	194	9	a	a	DET
framr-1737	194	10	significant	significant	ADJ
framr-1737	194	11	and	and	CCONJ
framr-1737	194	12	negative	negative	ADJ
framr-1737	194	13	relationship	relationship	NOUN
framr-1737	194	14	with	with	ADP
framr-1737	194	15	debt	debt	NOUN
framr-1737	194	16	ratio	ratio	NOUN
framr-1737	194	17	.	.	PUNCT
framr-1737	195	1	following	follow	VERB
framr-1737	195	2	titman	titman	NOUN
framr-1737	195	3	and	and	CCONJ
framr-1737	195	4	wessels	wessels	PROPN
framr-1737	195	5	(	(	PUNCT
framr-1737	195	6	1988	1988	NUM
framr-1737	195	7	)	)	PUNCT
framr-1737	195	8	we	we	PRON
framr-1737	195	9	have	have	AUX
framr-1737	195	10	taken	take	VERB
framr-1737	195	11	earnings	earning	NOUN
framr-1737	195	12	before	before	ADP
framr-1737	195	13	interest	interest	NOUN
framr-1737	195	14	and	and	CCONJ
framr-1737	195	15	taxes	taxis	NOUN
framr-1737	195	16	(	(	PUNCT
framr-1737	195	17	ebit	ebit	NOUN
framr-1737	195	18	)	)	PUNCT
framr-1737	195	19	and	and	CCONJ
framr-1737	195	20	divided	divide	VERB
framr-1737	195	21	it	it	PRON
framr-1737	195	22	by	by	ADP
framr-1737	195	23	the	the	DET
framr-1737	195	24	company	company	NOUN
framr-1737	195	25	’s	’s	PART
framr-1737	195	26	total	total	ADJ
framr-1737	195	27	assets	asset	NOUN
framr-1737	195	28	.	.	PUNCT
framr-1737	196	1	again	again	ADV
framr-1737	196	2	,	,	PUNCT
framr-1737	196	3	our	our	PRON
framr-1737	196	4	findings	finding	NOUN
framr-1737	196	5	contradict	contradict	VERB
framr-1737	196	6	most	most	ADJ
framr-1737	196	7	of	of	ADP
framr-1737	196	8	what	what	PRON
framr-1737	196	9	published	publish	VERB
framr-1737	196	10	theories	theory	NOUN
framr-1737	196	11	would	would	AUX
framr-1737	196	12	suggest	suggest	VERB
framr-1737	196	13	.	.	PUNCT
framr-1737	197	1	trade	trade	VERB
framr-1737	197	2	off	off	ADP
framr-1737	197	3	theory	theory	NOUN
framr-1737	197	4	and	and	CCONJ
framr-1737	197	5	the	the	DET
framr-1737	197	6	agency	agency	NOUN
framr-1737	197	7	model	model	NOUN
framr-1737	197	8	indicate	indicate	VERB
framr-1737	197	9	that	that	SCONJ
framr-1737	197	10	leverage	leverage	NOUN
framr-1737	197	11	and	and	CCONJ
framr-1737	197	12	profitability	profitability	NOUN
framr-1737	197	13	are	be	AUX
framr-1737	197	14	positively	positively	ADV
framr-1737	197	15	correlated	correlate	VERB
framr-1737	197	16	and	and	CCONJ
framr-1737	197	17	signaling	signal	VERB
framr-1737	197	18	hypothesis	hypothesis	NOUN
framr-1737	197	19	of	of	ADP
framr-1737	197	20	ross	ross	PROPN
framr-1737	197	21	(	(	PUNCT
framr-1737	197	22	1977	1977	NUM
framr-1737	197	23	)	)	PUNCT
framr-1737	197	24	would	would	AUX
framr-1737	197	25	suggest	suggest	VERB
framr-1737	197	26	a	a	DET
framr-1737	197	27	similar	similar	ADJ
framr-1737	197	28	result	result	NOUN
framr-1737	197	29	.	.	PUNCT
framr-1737	198	1	this	this	DET
framr-1737	198	2	study	study	NOUN
framr-1737	198	3	result	result	NOUN
framr-1737	198	4	also	also	ADV
framr-1737	198	5	differs	differ	VERB
framr-1737	198	6	from	from	ADP
framr-1737	198	7	that	that	PRON
framr-1737	198	8	of	of	ADP
framr-1737	198	9	long	long	ADJ
framr-1737	198	10	and	and	CCONJ
framr-1737	198	11	malitz	malitz	PROPN
framr-1737	198	12	(	(	PUNCT
framr-1737	198	13	1985	1985	NUM
framr-1737	198	14	)	)	PUNCT
framr-1737	198	15	find	find	VERB
framr-1737	198	16	the	the	DET
framr-1737	198	17	relationship	relationship	NOUN
framr-1737	198	18	between	between	ADP
framr-1737	198	19	leverage	leverage	NOUN
framr-1737	198	20	and	and	CCONJ
framr-1737	198	21	profitability	profitability	NOUN
framr-1737	198	22	not	not	PART
framr-1737	198	23	to	to	PART
framr-1737	198	24	be	be	AUX
framr-1737	198	25	statistically	statistically	ADV
framr-1737	198	26	significant	significant	ADJ
framr-1737	198	27	.	.	PUNCT
framr-1737	199	1	here	here	ADV
framr-1737	199	2	again	again	ADV
framr-1737	199	3	,	,	PUNCT
framr-1737	199	4	our	our	PRON
framr-1737	199	5	results	result	NOUN
framr-1737	199	6	confirm	confirm	VERB
framr-1737	199	7	(	(	PUNCT
framr-1737	199	8	myers	myers	PROPN
framr-1737	199	9	&	&	CCONJ
framr-1737	199	10	majluf	majluf	PROPN
framr-1737	199	11	,	,	PUNCT
framr-1737	199	12	1984	1984	NUM
framr-1737	199	13	)	)	PUNCT
framr-1737	199	14	pecking	pecking	NOUN
framr-1737	199	15	order	order	NOUN
framr-1737	199	16	theory	theory	NOUN
framr-1737	199	17	,	,	PUNCT
framr-1737	199	18	which	which	PRON
framr-1737	199	19	suggests	suggest	VERB
framr-1737	199	20	a	a	DET
framr-1737	199	21	negative	negative	ADJ
framr-1737	199	22	correlation	correlation	NOUN
framr-1737	199	23	.	.	PUNCT
framr-1737	200	1	growth	growth	NOUN
framr-1737	200	2	rate	rate	NOUN
framr-1737	200	3	is	be	AUX
framr-1737	200	4	a	a	DET
framr-1737	200	5	problematic	problematic	ADJ
framr-1737	200	6	issue	issue	NOUN
framr-1737	200	7	in	in	ADP
framr-1737	200	8	the	the	DET
framr-1737	200	9	literature	literature	NOUN
framr-1737	200	10	.	.	PUNCT
framr-1737	201	1	however	however	ADV
framr-1737	201	2	,	,	PUNCT
framr-1737	201	3	we	we	PRON
framr-1737	201	4	find	find	VERB
framr-1737	201	5	it	it	PRON
framr-1737	201	6	to	to	PART
framr-1737	201	7	be	be	AUX
framr-1737	201	8	a	a	DET
framr-1737	201	9	statistically	statistically	ADV
framr-1737	201	10	insignificant	insignificant	ADJ
framr-1737	201	11	variable	variable	NOUN
framr-1737	201	12	.	.	PUNCT
framr-1737	202	1	we	we	PRON
framr-1737	202	2	followed	follow	VERB
framr-1737	202	3	buferna	buferna	NOUN
framr-1737	202	4	et	et	PROPN
framr-1737	202	5	al	al	PROPN
framr-1737	202	6	.	.	PROPN
framr-1737	203	1	(	(	PUNCT
framr-1737	203	2	2005	2005	NUM
framr-1737	203	3	)	)	PUNCT
framr-1737	203	4	in	in	ADP
framr-1737	203	5	using	use	VERB
framr-1737	203	6	percentage	percentage	NOUN
framr-1737	203	7	change	change	NOUN
framr-1737	203	8	in	in	ADP
framr-1737	203	9	book	book	NOUN
framr-1737	203	10	value	value	NOUN
framr-1737	203	11	of	of	ADP
framr-1737	203	12	total	total	ADJ
framr-1737	203	13	assets	asset	NOUN
framr-1737	203	14	as	as	ADP
framr-1737	203	15	a	a	DET
framr-1737	203	16	proxy	proxy	NOUN
framr-1737	203	17	variable	variable	NOUN
framr-1737	203	18	for	for	ADP
framr-1737	203	19	a	a	DET
framr-1737	203	20	company	company	NOUN
framr-1737	203	21	’s	’s	PART
framr-1737	203	22	growth	growth	NOUN
framr-1737	203	23	rate	rate	NOUN
framr-1737	203	24	.	.	PUNCT
framr-1737	204	1	the	the	DET
framr-1737	204	2	researchers	researcher	NOUN
framr-1737	204	3	found	find	VERB
framr-1737	204	4	that	that	SCONJ
framr-1737	204	5	each	each	DET
framr-1737	204	6	other	other	ADJ
framr-1737	204	7	theory	theory	NOUN
framr-1737	204	8	takes	take	VERB
framr-1737	204	9	a	a	DET
framr-1737	204	10	different	different	ADJ
framr-1737	204	11	view	view	NOUN
framr-1737	204	12	.	.	PUNCT
framr-1737	205	1	pecking	pecking	NOUN
framr-1737	205	2	order	order	NOUN
framr-1737	205	3	theory	theory	NOUN
framr-1737	205	4	predicts	predict	VERB
framr-1737	205	5	a	a	DET
framr-1737	205	6	positive	positive	ADJ
framr-1737	205	7	correlation	correlation	NOUN
framr-1737	205	8	between	between	ADP
framr-1737	205	9	growth	growth	NOUN
framr-1737	205	10	rate	rate	NOUN
framr-1737	205	11	and	and	CCONJ
framr-1737	205	12	leverage	leverage	NOUN
framr-1737	205	13	.	.	PUNCT
framr-1737	206	1	,	,	PUNCT
framr-1737	206	2	static	static	ADJ
framr-1737	206	3	trade	trade	NOUN
framr-1737	206	4	-	-	PUNCT
framr-1737	206	5	off	off	ADP
framr-1737	206	6	theory	theory	NOUN
framr-1737	206	7	takes	take	VERB
framr-1737	206	8	no	no	DET
framr-1737	206	9	position	position	NOUN
framr-1737	206	10	,	,	PUNCT
framr-1737	206	11	so	so	SCONJ
framr-1737	206	12	perhaps	perhaps	ADV
framr-1737	206	13	our	our	PRON
framr-1737	206	14	finding	find	VERB
framr-1737	206	15	most	most	ADJ
framr-1737	206	16	supports	support	VERB
framr-1737	206	17	this	this	DET
framr-1737	206	18	theory	theory	NOUN
framr-1737	206	19	.	.	PUNCT
framr-1737	207	1	agency	agency	NOUN
framr-1737	207	2	cost	cost	NOUN
framr-1737	207	3	theory	theory	NOUN
framr-1737	207	4	concludes	conclude	VERB
framr-1737	207	5	that	that	SCONJ
framr-1737	207	6	there	there	PRON
framr-1737	207	7	is	be	VERB
framr-1737	207	8	a	a	DET
framr-1737	207	9	negative	negative	ADJ
framr-1737	207	10	correlation	correlation	NOUN
framr-1737	207	11	between	between	ADP
framr-1737	207	12	growth	growth	NOUN
framr-1737	207	13	rate	rate	NOUN
framr-1737	207	14	and	and	CCONJ
framr-1737	207	15	debt	debt	NOUN
framr-1737	207	16	level	level	NOUN
framr-1737	207	17	.	.	PUNCT
framr-1737	208	1	tangibility	tangibility	NOUN
framr-1737	208	2	of	of	ADP
framr-1737	208	3	assets	asset	NOUN
framr-1737	208	4	is	be	AUX
framr-1737	208	5	found	find	VERB
framr-1737	208	6	in	in	ADP
framr-1737	208	7	our	our	PRON
framr-1737	208	8	data	datum	NOUN
framr-1737	208	9	not	not	PART
framr-1737	208	10	to	to	PART
framr-1737	208	11	be	be	AUX
framr-1737	208	12	statistically	statistically	ADV
framr-1737	208	13	significant	significant	ADJ
framr-1737	208	14	.	.	PUNCT
framr-1737	209	1	in	in	ADP
framr-1737	209	2	accordance	accordance	NOUN
framr-1737	209	3	with	with	ADP
framr-1737	209	4	the	the	DET
framr-1737	209	5	study	study	NOUN
framr-1737	209	6	of	of	ADP
framr-1737	209	7	rajan	rajan	PROPN
framr-1737	209	8	and	and	CCONJ
framr-1737	209	9	zingales	zingales	PROPN
framr-1737	209	10	(	(	PUNCT
framr-1737	209	11	1995	1995	NUM
framr-1737	209	12	)	)	PUNCT
framr-1737	209	13	the	the	DET
framr-1737	209	14	ratio	ratio	NOUN
framr-1737	209	15	of	of	ADP
framr-1737	209	16	fixed	fix	VERB
framr-1737	209	17	assets	asset	NOUN
framr-1737	209	18	to	to	PART
framr-1737	209	19	total	total	ADJ
framr-1737	209	20	assets	asset	NOUN
framr-1737	209	21	is	be	AUX
framr-1737	209	22	selected	select	VERB
framr-1737	209	23	as	as	ADP
framr-1737	209	24	a	a	DET
framr-1737	209	25	proxy	proxy	NOUN
framr-1737	209	26	for	for	ADP
framr-1737	209	27	tangibility	tangibility	NOUN
framr-1737	209	28	of	of	ADP
framr-1737	209	29	assets	asset	NOUN
framr-1737	209	30	.	.	PUNCT
framr-1737	210	1	trade	trade	NOUN
framr-1737	210	2	-	-	PUNCT
framr-1737	210	3	off	off	ADP
framr-1737	210	4	theory	theory	NOUN
framr-1737	210	5	and	and	CCONJ
framr-1737	210	6	agency	agency	NOUN
framr-1737	210	7	cost	cost	NOUN
framr-1737	210	8	theory	theory	NOUN
framr-1737	210	9	say	say	VERB
framr-1737	210	10	that	that	SCONJ
framr-1737	210	11	tangibility	tangibility	NOUN
framr-1737	210	12	’s	’s	PART
framr-1737	210	13	relationship	relationship	NOUN
framr-1737	210	14	with	with	ADP
framr-1737	210	15	debt	debt	NOUN
framr-1737	210	16	ratio	ratio	NOUN
framr-1737	210	17	is	be	AUX
framr-1737	210	18	a	a	DET
framr-1737	210	19	positive	positive	ADJ
framr-1737	210	20	correlation	correlation	NOUN
framr-1737	210	21	.	.	PUNCT
framr-1737	211	1	pecking	pecking	NOUN
framr-1737	211	2	order	order	NOUN
framr-1737	211	3	theory	theory	NOUN
framr-1737	211	4	arrives	arrive	VERB
framr-1737	211	5	at	at	ADP
framr-1737	211	6	the	the	DET
framr-1737	211	7	contrary	contrary	ADJ
framr-1737	211	8	conclusion	conclusion	NOUN
framr-1737	211	9	,	,	PUNCT
framr-1737	211	10	as	as	SCONJ
framr-1737	211	11	a	a	DET
framr-1737	211	12	company	company	NOUN
framr-1737	211	13	with	with	ADP
framr-1737	211	14	more	more	ADJ
framr-1737	211	15	tangible	tangible	ADJ
framr-1737	211	16	assets	asset	NOUN
framr-1737	211	17	will	will	AUX
framr-1737	211	18	have	have	VERB
framr-1737	211	19	less	less	ADJ
framr-1737	211	20	of	of	ADP
framr-1737	211	21	an	an	DET
framr-1737	211	22	information	information	NOUN
framr-1737	211	23	asymmetry	asymmetry	NOUN
framr-1737	211	24	problem	problem	NOUN
framr-1737	211	25	with	with	ADP
framr-1737	211	26	shareholders	shareholder	NOUN
framr-1737	211	27	(	(	PUNCT
framr-1737	211	28	harris	harris	PROPN
framr-1737	211	29	&	&	CCONJ
framr-1737	211	30	raviv	raviv	PROPN
framr-1737	211	31	,	,	PUNCT
framr-1737	211	32	1991	1991	NUM
framr-1737	211	33	)	)	PUNCT
framr-1737	211	34	.	.	PUNCT
framr-1737	212	1	liquidity	liquidity	NOUN
framr-1737	212	2	is	be	AUX
framr-1737	212	3	found	find	VERB
framr-1737	212	4	,	,	PUNCT
framr-1737	212	5	in	in	ADP
framr-1737	212	6	our	our	PRON
framr-1737	212	7	data	datum	NOUN
framr-1737	212	8	,	,	PUNCT
framr-1737	212	9	to	to	PART
framr-1737	212	10	be	be	AUX
framr-1737	212	11	statistically	statistically	ADV
framr-1737	212	12	significant	significant	ADJ
framr-1737	212	13	and	and	CCONJ
framr-1737	212	14	has	have	VERB
framr-1737	212	15	a	a	DET
framr-1737	212	16	negative	negative	ADJ
framr-1737	212	17	correlation	correlation	NOUN
framr-1737	212	18	with	with	ADP
framr-1737	212	19	leverage	leverage	NOUN
framr-1737	212	20	.	.	PUNCT
framr-1737	213	1	we	we	PRON
framr-1737	213	2	use	use	VERB
framr-1737	213	3	the	the	DET
framr-1737	213	4	current	current	ADJ
framr-1737	213	5	assets	asset	NOUN
framr-1737	213	6	to	to	ADP
framr-1737	213	7	current	current	ADJ
framr-1737	213	8	liabilities	liability	NOUN
framr-1737	213	9	ratio	ratio	NOUN
framr-1737	213	10	as	as	ADP
framr-1737	213	11	a	a	DET
framr-1737	213	12	proxy	proxy	NOUN
framr-1737	213	13	for	for	ADP
framr-1737	213	14	liquidity	liquidity	NOUN
framr-1737	213	15	.	.	PUNCT
framr-1737	214	1	this	this	PRON
framr-1737	214	2	is	be	AUX
framr-1737	214	3	a	a	DET
framr-1737	214	4	logical	logical	ADJ
framr-1737	214	5	result	result	NOUN
framr-1737	214	6	,	,	PUNCT
framr-1737	214	7	as	as	SCONJ
framr-1737	214	8	a	a	DET
framr-1737	214	9	liquid	liquid	ADJ
framr-1737	214	10	company	company	NOUN
framr-1737	214	11	is	be	AUX
framr-1737	214	12	,	,	PUNCT
framr-1737	214	13	by	by	ADP
framr-1737	214	14	definition	definition	NOUN
framr-1737	214	15	,	,	PUNCT
framr-1737	214	16	“	"	PUNCT
framr-1737	214	17	cashed	cash	VERB
framr-1737	214	18	up	up	ADP
framr-1737	214	19	”	"	PUNCT
framr-1737	214	20	and	and	CCONJ
framr-1737	214	21	does	do	AUX
framr-1737	214	22	not	not	PART
framr-1737	214	23	need	need	VERB
framr-1737	214	24	to	to	PART
framr-1737	214	25	borrow	borrow	VERB
framr-1737	214	26	much	much	ADJ
framr-1737	214	27	.	.	PUNCT
framr-1737	215	1	trade	trade	NOUN
framr-1737	215	2	-	-	PUNCT
framr-1737	215	3	off	off	ADP
framr-1737	215	4	theory	theory	NOUN
framr-1737	215	5	posits	posit	NOUN
framr-1737	215	6	a	a	DET
framr-1737	215	7	positive	positive	ADJ
framr-1737	215	8	correlation	correlation	NOUN
framr-1737	215	9	with	with	ADP
framr-1737	215	10	leverage	leverage	NOUN
framr-1737	215	11	while	while	SCONJ
framr-1737	215	12	pecking	pecking	NOUN
framr-1737	215	13	order	order	NOUN
framr-1737	215	14	theory	theory	NOUN
framr-1737	215	15	posits	posit	VERB
framr-1737	215	16	a	a	DET
framr-1737	215	17	negative	negative	ADJ
framr-1737	215	18	one	one	NUM
framr-1737	215	19	.	.	PUNCT
framr-1737	216	1	again	again	ADV
framr-1737	216	2	,	,	PUNCT
framr-1737	216	3	our	our	PRON
framr-1737	216	4	study	study	NOUN
framr-1737	216	5	supports	support	VERB
framr-1737	216	6	the	the	DET
framr-1737	216	7	expectation	expectation	NOUN
framr-1737	216	8	of	of	ADP
framr-1737	216	9	the	the	DET
framr-1737	216	10	pecking	pecking	NOUN
framr-1737	216	11	order	order	NOUN
framr-1737	216	12	theory	theory	NOUN
framr-1737	216	13	.	.	PUNCT
framr-1737	217	1	age	age	NOUN
framr-1737	217	2	of	of	ADP
framr-1737	217	3	the	the	DET
framr-1737	217	4	firm	firm	NOUN
framr-1737	217	5	was	be	AUX
framr-1737	217	6	found	find	VERB
framr-1737	217	7	,	,	PUNCT
framr-1737	217	8	in	in	ADP
framr-1737	217	9	our	our	PRON
framr-1737	217	10	data	datum	NOUN
framr-1737	217	11	,	,	PUNCT
framr-1737	217	12	to	to	PART
framr-1737	217	13	be	be	AUX
framr-1737	217	14	an	an	DET
framr-1737	217	15	insignificant	insignificant	ADJ
framr-1737	217	16	variable	variable	NOUN
framr-1737	217	17	.	.	PUNCT
framr-1737	218	1	hall	hall	PROPN
framr-1737	218	2	,	,	PUNCT
framr-1737	218	3	hutchinson	hutchinson	PROPN
framr-1737	218	4	,	,	PUNCT
framr-1737	218	5	and	and	CCONJ
framr-1737	218	6	michaelas	michaelas	INTJ
framr-1737	218	7	(	(	PUNCT
framr-1737	218	8	2004	2004	NUM
framr-1737	218	9	)	)	PUNCT
framr-1737	218	10	found	find	VERB
framr-1737	218	11	that	that	SCONJ
framr-1737	218	12	age	age	NOUN
framr-1737	218	13	was	be	AUX
framr-1737	218	14	positively	positively	ADV
framr-1737	218	15	correlated	correlate	VERB
framr-1737	218	16	with	with	ADP
framr-1737	218	17	long	long	ADJ
framr-1737	218	18	-	-	PUNCT
framr-1737	218	19	term	term	NOUN
framr-1737	218	20	debt	debt	NOUN
framr-1737	218	21	but	but	CCONJ
framr-1737	218	22	negatively	negatively	ADV
framr-1737	218	23	correlated	correlate	VERB
framr-1737	218	24	with	with	ADP
framr-1737	218	25	short	short	ADJ
framr-1737	218	26	-	-	PUNCT
framr-1737	218	27	term	term	NOUN
framr-1737	218	28	debt	debt	NOUN
framr-1737	218	29	.	.	PUNCT
framr-1737	219	1	green	green	ADJ
framr-1737	219	2	,	,	PUNCT
framr-1737	219	3	murinde	murinde	NOUN
framr-1737	219	4	,	,	PUNCT
framr-1737	219	5	and	and	CCONJ
framr-1737	219	6	suppakitjarak	suppakitjarak	PROPN
framr-1737	219	7	(	(	PUNCT
framr-1737	219	8	2002	2002	NUM
framr-1737	219	9	)	)	PUNCT
framr-1737	219	10	,	,	PUNCT
framr-1737	219	11	found	find	VERB
framr-1737	219	12	that	that	SCONJ
framr-1737	219	13	the	the	DET
framr-1737	219	14	correlation	correlation	NOUN
framr-1737	219	15	was	be	AUX
framr-1737	219	16	negative	negative	ADJ
framr-1737	219	17	with	with	ADP
framr-1737	219	18	debt	debt	NOUN
framr-1737	219	19	both	both	PRON
framr-1737	219	20	of	of	ADP
framr-1737	219	21	the	the	DET
framr-1737	219	22	shortand	shortand	NOUN
framr-1737	219	23	the	the	DET
framr-1737	219	24	long	long	ADJ
framr-1737	219	25	-	-	PUNCT
framr-1737	219	26	term	term	NOUN
framr-1737	219	27	varieties	variety	NOUN
framr-1737	219	28	.	.	PUNCT
framr-1737	220	1	6.2	6.2	NUM
framr-1737	220	2	.	.	PUNCT
framr-1737	221	1	the	the	DET
framr-1737	221	2	multicollinearity	multicollinearity	NOUN
framr-1737	221	3	problem	problem	NOUN
framr-1737	221	4	multicollinearity	multicollinearity	NOUN
framr-1737	221	5	,	,	PUNCT
framr-1737	221	6	or	or	CCONJ
framr-1737	221	7	intercorrelation	intercorrelation	NOUN
framr-1737	221	8	,	,	PUNCT
framr-1737	221	9	means	mean	VERB
framr-1737	221	10	that	that	SCONJ
framr-1737	221	11	the	the	DET
framr-1737	221	12	variables	variable	NOUN
framr-1737	221	13	in	in	ADP
framr-1737	221	14	the	the	DET
framr-1737	221	15	study	study	NOUN
framr-1737	221	16	are	be	AUX
framr-1737	221	17	correlated	correlate	VERB
framr-1737	221	18	with	with	ADP
framr-1737	221	19	one	one	NUM
framr-1737	221	20	another	another	DET
framr-1737	221	21	.	.	PUNCT
framr-1737	222	1	this	this	PRON
framr-1737	222	2	can	can	AUX
framr-1737	222	3	mean	mean	VERB
framr-1737	222	4	that	that	SCONJ
framr-1737	222	5	the	the	DET
framr-1737	222	6	data	datum	NOUN
framr-1737	222	7	have	have	VERB
framr-1737	222	8	less	less	ADJ
framr-1737	222	9	predictive	predictive	ADJ
framr-1737	222	10	value	value	NOUN
framr-1737	222	11	because	because	SCONJ
framr-1737	222	12	the	the	DET
framr-1737	222	13	variables	variable	NOUN
framr-1737	222	14	are	be	AUX
framr-1737	222	15	not	not	PART
framr-1737	222	16	fully	fully	ADV
framr-1737	222	17	-	-	PUNCT
framr-1737	222	18	independent	independent	ADJ
framr-1737	222	19	.	.	PUNCT
framr-1737	223	1	using	use	VERB
framr-1737	223	2	the	the	DET
framr-1737	223	3	vif	vif	NOUN
framr-1737	223	4	method	method	NOUN
framr-1737	223	5	,	,	PUNCT
framr-1737	223	6	there	there	PRON
framr-1737	223	7	would	would	AUX
framr-1737	223	8	be	be	AUX
framr-1737	223	9	multicollinarity	multicollinarity	NOUN
framr-1737	223	10	if	if	SCONJ
framr-1737	223	11	tolerance	tolerance	NOUN
framr-1737	223	12	<	<	X
framr-1737	223	13	0.1	0.1	NUM
framr-1737	223	14	but	but	CCONJ
framr-1737	223	15	vif	vif	X
framr-1737	223	16	>	>	X
framr-1737	223	17	10	10	NUM
framr-1737	223	18	.	.	PUNCT
framr-1737	224	1	table	table	NOUN
framr-1737	224	2	2	2	NUM
framr-1737	224	3	shows	show	VERB
framr-1737	224	4	that	that	SCONJ
framr-1737	224	5	the	the	DET
framr-1737	224	6	selected	select	VERB
framr-1737	224	7	independent	independent	ADJ
framr-1737	224	8	variables	variable	NOUN
framr-1737	224	9	of	of	ADP
framr-1737	224	10	this	this	DET
framr-1737	224	11	study	study	NOUN
framr-1737	224	12	are	be	AUX
framr-1737	224	13	not	not	PART
framr-1737	224	14	multicollinear	multicollinear	ADJ
framr-1737	224	15	.	.	PUNCT
framr-1737	225	1	all	all	DET
framr-1737	225	2	the	the	DET
framr-1737	225	3	vif	vif	NOUN
framr-1737	225	4	factors	factor	NOUN
framr-1737	225	5	are	be	AUX
framr-1737	225	6	well	well	ADV
framr-1737	225	7	below	below	ADP
framr-1737	225	8	10	10	NUM
framr-1737	225	9	and	and	CCONJ
framr-1737	225	10	the	the	DET
framr-1737	225	11	mean	mean	NOUN
framr-1737	225	12	is	be	AUX
framr-1737	225	13	1.26	1.26	NUM
framr-1737	225	14	.	.	PUNCT
framr-1737	226	1	therefore	therefore	ADV
framr-1737	226	2	,	,	PUNCT
framr-1737	226	3	we	we	PRON
framr-1737	226	4	need	need	AUX
framr-1737	226	5	not	not	PART
framr-1737	226	6	be	be	AUX
framr-1737	226	7	concerned	concern	VERB
framr-1737	226	8	about	about	ADP
framr-1737	226	9	this	this	DET
framr-1737	226	10	issue	issue	NOUN
framr-1737	226	11	,	,	PUNCT
framr-1737	226	12	although	although	SCONJ
framr-1737	226	13	it	it	PRON
framr-1737	226	14	was	be	AUX
framr-1737	226	15	necessary	necessary	ADJ
framr-1737	226	16	to	to	PART
framr-1737	226	17	test	test	VERB
framr-1737	226	18	for	for	ADP
framr-1737	226	19	it	it	PRON
framr-1737	226	20	in	in	ADP
framr-1737	226	21	order	order	NOUN
framr-1737	226	22	to	to	PART
framr-1737	226	23	be	be	AUX
framr-1737	226	24	sure	sure	ADJ
framr-1737	226	25	of	of	ADP
framr-1737	226	26	the	the	DET
framr-1737	226	27	validity	validity	NOUN
framr-1737	226	28	of	of	ADP
framr-1737	226	29	our	our	PRON
framr-1737	226	30	variables	variable	NOUN
framr-1737	226	31	and	and	CCONJ
framr-1737	226	32	our	our	PRON
framr-1737	226	33	conclusions	conclusion	NOUN
framr-1737	226	34	.	.	PUNCT
framr-1737	227	1	table-2	table-2	NUM
framr-1737	227	2	.	.	PUNCT
framr-1737	227	3	collinearity	collinearity	NOUN
framr-1737	227	4	statistic	statistic	PROPN
framr-1737	227	5	(	(	PUNCT
framr-1737	227	6	vif	vif	NOUN
framr-1737	227	7	)	)	PUNCT
framr-1737	227	8	variable	variable	NOUN
framr-1737	227	9	vif	vif	NOUN
framr-1737	227	10	1	1	NUM
framr-1737	227	11	/	/	SYM
framr-1737	227	12	vif	vif	NOUN
framr-1737	227	13	firm	firm	NOUN
framr-1737	227	14	size	size	NOUN
framr-1737	227	15	1.55	1.55	NUM
framr-1737	227	16	0.647018	0.647018	NUM
framr-1737	227	17	age	age	NOUN
framr-1737	227	18	1.37	1.37	NUM
framr-1737	227	19	0.732366	0.732366	NUM
framr-1737	227	20	tangibility	tangibility	NOUN
framr-1737	227	21	1.35	1.35	NUM
framr-1737	227	22	0.739534	0.739534	NUM
framr-1737	227	23	liquidity	liquidity	NOUN
framr-1737	227	24	1.13	1.13	NUM
framr-1737	227	25	0.88112	0.88112	NUM
framr-1737	227	26	growth	growth	NOUN
framr-1737	227	27	rate	rate	NOUN
framr-1737	227	28	1.13	1.13	NUM
framr-1737	227	29	0.9505	0.9505	NUM
framr-1737	227	30	profitability	profitability	NOUN
framr-1737	227	31	1.05	1.05	NUM
framr-1737	227	32	0.9505	0.9505	NUM
framr-1737	227	33	mean	mean	NOUN
framr-1737	227	34	vif	vif	NOUN
framr-1737	227	35	1.26	1.26	NUM
framr-1737	227	36	financial	financial	ADJ
framr-1737	227	37	risk	risk	NOUN
framr-1737	227	38	and	and	CCONJ
framr-1737	227	39	management	management	NOUN
framr-1737	227	40	reviews	review	NOUN
framr-1737	227	41	,	,	PUNCT
framr-1737	227	42	2020	2020	NUM
framr-1737	227	43	,	,	PUNCT
framr-1737	227	44	6(1	6(1	NUM
framr-1737	227	45	):	):	PUNCT
framr-1737	227	46	40	40	NUM
framr-1737	227	47	-	-	SYM
framr-1737	227	48	51	51	NUM
framr-1737	227	49	47	47	NUM
framr-1737	227	50	©	©	PROPN
framr-1737	227	51	2020	2020	NUM
framr-1737	227	52	conscientia	conscientia	PROPN
framr-1737	227	53	beam	beam	PROPN
framr-1737	227	54	.	.	PUNCT
framr-1737	228	1	all	all	DET
framr-1737	228	2	rights	right	NOUN
framr-1737	228	3	reserved	reserve	VERB
framr-1737	228	4	.	.	PUNCT
framr-1737	229	1	table	table	NOUN
framr-1737	229	2	3	3	NUM
framr-1737	229	3	reinforces	reinforce	VERB
framr-1737	229	4	this	this	DET
framr-1737	229	5	conclusion	conclusion	NOUN
framr-1737	229	6	,	,	PUNCT
framr-1737	229	7	that	that	SCONJ
framr-1737	229	8	multicollinearity	multicollinearity	NOUN
framr-1737	229	9	is	be	AUX
framr-1737	229	10	not	not	PART
framr-1737	229	11	a	a	DET
framr-1737	229	12	problem	problem	NOUN
framr-1737	229	13	here	here	ADV
framr-1737	229	14	,	,	PUNCT
framr-1737	229	15	by	by	ADP
framr-1737	229	16	another	another	DET
framr-1737	229	17	test	test	NOUN
framr-1737	229	18	.	.	PUNCT
framr-1737	230	1	this	this	DET
framr-1737	230	2	test	test	NOUN
framr-1737	230	3	is	be	AUX
framr-1737	230	4	a	a	DET
framr-1737	230	5	direct	direct	ADJ
framr-1737	230	6	test	test	NOUN
framr-1737	230	7	of	of	ADP
framr-1737	230	8	correlation	correlation	NOUN
framr-1737	230	9	between	between	ADP
framr-1737	230	10	independent	independent	ADJ
framr-1737	230	11	variables	variable	NOUN
framr-1737	230	12	.	.	PUNCT
framr-1737	231	1	perfect	perfect	ADJ
framr-1737	231	2	correlation	correlation	NOUN
framr-1737	231	3	is	be	AUX
framr-1737	231	4	a	a	DET
framr-1737	231	5	value	value	NOUN
framr-1737	231	6	of	of	ADP
framr-1737	231	7	1	1	NUM
framr-1737	231	8	.	.	PUNCT
framr-1737	232	1	thus	thus	ADV
framr-1737	232	2	,	,	PUNCT
framr-1737	232	3	all	all	DET
framr-1737	232	4	the	the	DET
framr-1737	232	5	variables	variable	NOUN
framr-1737	232	6	are	be	AUX
framr-1737	232	7	correlated	correlate	VERB
framr-1737	232	8	with	with	ADP
framr-1737	232	9	themselves	themselves	PRON
framr-1737	232	10	at	at	ADP
framr-1737	232	11	a	a	DET
framr-1737	232	12	value	value	NOUN
framr-1737	232	13	of	of	ADP
framr-1737	232	14	1	1	NUM
framr-1737	232	15	.	.	PUNCT
framr-1737	233	1	however	however	ADV
framr-1737	233	2	,	,	PUNCT
framr-1737	233	3	all	all	DET
framr-1737	233	4	the	the	DET
framr-1737	233	5	other	other	ADJ
framr-1737	233	6	correlation	correlation	NOUN
framr-1737	233	7	factors	factor	NOUN
framr-1737	233	8	are	be	AUX
framr-1737	233	9	far	far	ADV
framr-1737	233	10	from	from	ADP
framr-1737	233	11	1	1	NUM
framr-1737	233	12	,	,	PUNCT
framr-1737	233	13	the	the	DET
framr-1737	233	14	highest	high	ADJ
framr-1737	233	15	one	one	NUM
framr-1737	233	16	being	be	AUX
framr-1737	233	17	0.4245	0.4245	NUM
framr-1737	233	18	.	.	PUNCT
framr-1737	234	1	again	again	ADV
framr-1737	234	2	,	,	PUNCT
framr-1737	234	3	we	we	PRON
framr-1737	234	4	dismiss	dismiss	VERB
framr-1737	234	5	the	the	DET
framr-1737	234	6	multicollinearity	multicollinearity	NOUN
framr-1737	234	7	issue	issue	NOUN
framr-1737	234	8	:	:	PUNCT
framr-1737	234	9	the	the	DET
framr-1737	234	10	problem	problem	NOUN
framr-1737	234	11	has	have	AUX
framr-1737	234	12	not	not	PART
framr-1737	234	13	arisen	arise	VERB
framr-1737	234	14	.	.	PUNCT
framr-1737	235	1	6.3	6.3	NUM
framr-1737	235	2	.	.	PUNCT
framr-1737	235	3	correlation	correlation	NOUN
framr-1737	235	4	matrix	matrix	NOUN
framr-1737	235	5	table-3	table-3	NUM
framr-1737	235	6	.	.	PUNCT
framr-1737	235	7	correlation	correlation	NOUN
framr-1737	235	8	matrix	matrix	NOUN
framr-1737	235	9	.	.	PUNCT
framr-1737	236	1	variable	variable	ADJ
framr-1737	236	2	financial	financial	ADJ
framr-1737	236	3	risk	risk	NOUN
framr-1737	236	4	firm	firm	NOUN
framr-1737	236	5	size	size	NOUN
framr-1737	236	6	profitability	profitability	NOUN
framr-1737	236	7	growth	growth	NOUN
framr-1737	236	8	rate	rate	NOUN
framr-1737	236	9	tangibility	tangibility	NOUN
framr-1737	236	10	liquidity	liquidity	NOUN
framr-1737	236	11	age	age	NOUN
framr-1737	236	12	financial	financial	ADJ
framr-1737	236	13	risk	risk	NOUN
framr-1737	236	14	1	1	NUM
framr-1737	236	15	firm	firm	ADJ
framr-1737	236	16	size	size	NOUN
framr-1737	236	17	-0.4229	-0.4229	NOUN
framr-1737	236	18	1	1	NUM
framr-1737	236	19	profitability	profitability	NOUN
framr-1737	236	20	0.0015	0.0015	NUM
framr-1737	236	21	-0.1003	-0.1003	NOUN
framr-1737	236	22	1	1	NUM
framr-1737	236	23	growth	growth	NOUN
framr-1737	236	24	rate	rate	NOUN
framr-1737	236	25	-0.1528	-0.1528	PROPN
framr-1737	237	1	0.1314	0.1314	NUM
framr-1737	237	2	-0.0998	-0.0998	NOUN
framr-1737	237	3	1	1	NUM
framr-1737	237	4	tangibility	tangibility	NOUN
framr-1737	237	5	0.2677	0.2677	NUM
framr-1737	237	6	-0.3726	-0.3726	NOUN
framr-1737	237	7	-0.0397	-0.0397	PROPN
framr-1737	237	8	-0.2428	-0.2428	PROPN
framr-1737	237	9	1	1	NUM
framr-1737	237	10	liquidity	liquidity	NOUN
framr-1737	237	11	-0.2291	-0.2291	NOUN
framr-1737	237	12	0.1364	0.1364	NUM
framr-1737	237	13	0.061	0.061	NUM
framr-1737	237	14	0.2451	0.2451	NUM
framr-1737	237	15	-0.2556	-0.2556	NOUN
framr-1737	237	16	1	1	NUM
framr-1737	237	17	age	age	NOUN
framr-1737	237	18	0.2924	0.2924	NUM
framr-1737	237	19	-0.4245	-0.4245	VERB
framr-1737	237	20	0.1793	0.1793	NUM
framr-1737	237	21	-0.0329	-0.0329	ADJ
framr-1737	237	22	-0.0777	-0.0777	NOUN
framr-1737	237	23	0.09	0.09	NUM
framr-1737	237	24	1	1	NUM
framr-1737	237	25	6.4	6.4	NUM
framr-1737	237	26	.	.	PUNCT
framr-1737	238	1	regular	regular	ADJ
framr-1737	238	2	multiple	multiple	ADJ
framr-1737	238	3	regressions	regression	NOUN
framr-1737	238	4	now	now	ADV
framr-1737	238	5	we	we	PRON
framr-1737	238	6	turn	turn	VERB
framr-1737	238	7	to	to	ADP
framr-1737	238	8	the	the	DET
framr-1737	238	9	inferences	inference	NOUN
framr-1737	238	10	which	which	PRON
framr-1737	238	11	we	we	PRON
framr-1737	238	12	can	can	AUX
framr-1737	238	13	draw	draw	VERB
framr-1737	238	14	from	from	ADP
framr-1737	238	15	the	the	DET
framr-1737	238	16	study	study	NOUN
framr-1737	238	17	.	.	PUNCT
framr-1737	239	1	we	we	PRON
framr-1737	239	2	consider	consider	VERB
framr-1737	239	3	the	the	DET
framr-1737	239	4	correlation	correlation	NOUN
framr-1737	239	5	of	of	ADP
framr-1737	239	6	independent	independent	ADJ
framr-1737	239	7	variables	variable	NOUN
framr-1737	239	8	with	with	ADP
framr-1737	239	9	the	the	DET
framr-1737	239	10	dependent	dependent	ADJ
framr-1737	239	11	variable	variable	NOUN
framr-1737	239	12	.	.	PUNCT
framr-1737	240	1	a	a	DET
framr-1737	240	2	sufficient	sufficient	ADJ
framr-1737	240	3	degree	degree	NOUN
framr-1737	240	4	of	of	ADP
framr-1737	240	5	correlation	correlation	NOUN
framr-1737	240	6	means	mean	VERB
framr-1737	240	7	that	that	SCONJ
framr-1737	240	8	our	our	PRON
framr-1737	240	9	independent	independent	ADJ
framr-1737	240	10	variable	variable	NOUN
framr-1737	240	11	is	be	AUX
framr-1737	240	12	significant	significant	ADJ
framr-1737	240	13	in	in	ADP
framr-1737	240	14	predicting	predict	VERB
framr-1737	240	15	the	the	DET
framr-1737	240	16	level	level	NOUN
framr-1737	240	17	of	of	ADP
framr-1737	240	18	the	the	DET
framr-1737	240	19	dependent	dependent	ADJ
framr-1737	240	20	variable	variable	NOUN
framr-1737	240	21	:	:	PUNCT
framr-1737	240	22	it	it	PRON
framr-1737	240	23	could	could	AUX
framr-1737	240	24	be	be	AUX
framr-1737	240	25	a	a	DET
framr-1737	240	26	factor	factor	NOUN
framr-1737	240	27	in	in	ADP
framr-1737	240	28	the	the	DET
framr-1737	240	29	decision	decision	NOUN
framr-1737	240	30	on	on	ADP
framr-1737	240	31	leverage	leverage	NOUN
framr-1737	240	32	.	.	PUNCT
framr-1737	241	1	then	then	ADV
framr-1737	241	2	we	we	PRON
framr-1737	241	3	must	must	AUX
framr-1737	241	4	also	also	ADV
framr-1737	241	5	consider	consider	VERB
framr-1737	241	6	whether	whether	SCONJ
framr-1737	241	7	it	it	PRON
framr-1737	241	8	is	be	AUX
framr-1737	241	9	positively	positively	ADV
framr-1737	241	10	-	-	PUNCT
framr-1737	241	11	correlated	correlate	VERB
framr-1737	241	12	(	(	PUNCT
framr-1737	241	13	more	more	ADJ
framr-1737	241	14	of	of	ADP
framr-1737	241	15	the	the	DET
framr-1737	241	16	independent	independent	ADJ
framr-1737	241	17	variable	variable	ADJ
framr-1737	241	18	yields	yield	VERB
framr-1737	241	19	more	more	ADJ
framr-1737	241	20	leverage	leverage	NOUN
framr-1737	241	21	)	)	PUNCT
framr-1737	241	22	or	or	CCONJ
framr-1737	241	23	negatively	negatively	ADV
framr-1737	241	24	-	-	PUNCT
framr-1737	241	25	correlated	correlate	VERB
framr-1737	241	26	(	(	PUNCT
framr-1737	241	27	more	more	ADJ
framr-1737	241	28	of	of	ADP
framr-1737	241	29	the	the	DET
framr-1737	241	30	independent	independent	ADJ
framr-1737	241	31	variable	variable	ADJ
framr-1737	241	32	yields	yield	NOUN
framr-1737	241	33	less	less	ADJ
framr-1737	241	34	leverage	leverage	NOUN
framr-1737	241	35	)	)	PUNCT
framr-1737	241	36	.	.	PUNCT
framr-1737	242	1	table-4	table-4	X
framr-1737	242	2	.	.	PUNCT
framr-1737	242	3	multiple	multiple	ADJ
framr-1737	242	4	regression	regression	NOUN
framr-1737	242	5	.	.	PUNCT
framr-1737	243	1	source	source	NOUN
framr-1737	243	2	ss	ss	PROPN
framr-1737	243	3	df	df	PROPN
framr-1737	243	4	ms	ms	PROPN
framr-1737	243	5	model	model	NOUN
framr-1737	243	6	5.94730751	5.94730751	NUM
framr-1737	243	7	6	6	NUM
framr-1737	243	8	0.99121792	0.99121792	NUM
framr-1737	243	9	residual	residual	ADJ
framr-1737	243	10	17.6010349	17.6010349	NUM
framr-1737	243	11	9	9	NUM
framr-1737	243	12	0.18925844	0.18925844	NUM
framr-1737	243	13	total	total	ADJ
framr-1737	243	14	23.5483424	23.5483424	NUM
framr-1737	243	15	99	99	NUM
framr-1737	243	16	0.23786204	0.23786204	NUM
framr-1737	243	17	variables	variable	NOUN
framr-1737	243	18	coefficient	coefficient	NOUN
framr-1737	243	19	t	t	PROPN
framr-1737	243	20	p	p	X
framr-1737	243	21	>	>	X
framr-1737	243	22	iti	iti	PROPN
framr-1737	243	23	firm	firm	ADJ
framr-1737	243	24	size	size	NOUN
framr-1737	243	25	-0.2502801	-0.2502801	X
framr-1737	243	26	-2.32	-2.32	X
framr-1737	243	27	0.022	0.022	NUM
framr-1737	243	28	profitability	profitability	NOUN
framr-1737	243	29	-0.3831479	-0.3831479	X
framr-1737	243	30	-0.57	-0.57	CCONJ
framr-1737	243	31	0.572	0.572	NUM
framr-1737	243	32	growth	growth	NOUN
framr-1737	243	33	rate	rate	NOUN
framr-1737	243	34	-0.0518921	-0.0518921	NOUN
framr-1737	243	35	-0.46	-0.46	NUM
framr-1737	243	36	0.644	0.644	NUM
framr-1737	243	37	tangibility	tangibility	NOUN
framr-1737	243	38	0.3062162	0.3062162	NUM
framr-1737	243	39	1.28	1.28	NUM
framr-1737	243	40	0.205	0.205	NUM
framr-1737	243	41	liquidity	liquidity	NOUN
framr-1737	243	42	-0.0660923	-0.0660923	NOUN
framr-1737	243	43	-1.73	-1.73	NOUN
framr-1737	244	1	0.087	0.087	NUM
framr-1737	244	2	age	age	NOUN
framr-1737	244	3	0.0122014	0.0122014	NUM
framr-1737	244	4	2.06	2.06	NUM
framr-1737	244	5	0.042	0.042	NUM
framr-1737	244	6	cons	con	NOUN
framr-1737	244	7	2.537554	2.537554	NUM
framr-1737	244	8	2.25	2.25	NUM
framr-1737	244	9	0.027	0.027	NUM
framr-1737	244	10	the	the	DET
framr-1737	244	11	r	r	NOUN
framr-1737	244	12	squared	square	VERB
framr-1737	244	13	value	value	NOUN
framr-1737	244	14	becomes	become	VERB
framr-1737	244	15	0.2526	0.2526	NUM
framr-1737	244	16	.	.	PUNCT
framr-1737	245	1	the	the	DET
framr-1737	245	2	adjusted	adjusted	ADJ
framr-1737	245	3	r	r	NOUN
framr-1737	245	4	squared	square	VERB
framr-1737	245	5	becomes	become	VERB
framr-1737	245	6	0.2043	0.2043	NUM
framr-1737	245	7	and	and	CCONJ
framr-1737	245	8	the	the	DET
framr-1737	245	9	root	root	NOUN
framr-1737	245	10	mse	mse	NOUN
framr-1737	245	11	becomes	become	VERB
framr-1737	245	12	0.43504	0.43504	NUM
framr-1737	245	13	.	.	PUNCT
framr-1737	246	1	total	total	ADJ
framr-1737	246	2	number	number	NOUN
framr-1737	246	3	of	of	ADP
framr-1737	246	4	observations	observation	NOUN
framr-1737	246	5	was	be	AUX
framr-1737	246	6	100	100	NUM
framr-1737	246	7	.	.	PUNCT
framr-1737	247	1	it	it	PRON
framr-1737	247	2	indicates	indicate	VERB
framr-1737	247	3	that	that	SCONJ
framr-1737	247	4	among	among	ADP
framr-1737	247	5	all	all	DET
framr-1737	247	6	the	the	DET
framr-1737	247	7	independent	independent	ADJ
framr-1737	247	8	variables	variable	NOUN
framr-1737	247	9	,	,	PUNCT
framr-1737	247	10	the	the	DET
framr-1737	247	11	firm	firm	ADJ
framr-1737	247	12	size	size	NOUN
framr-1737	247	13	,	,	PUNCT
framr-1737	247	14	and	and	CCONJ
framr-1737	247	15	age	age	NOUN
framr-1737	247	16	become	become	VERB
framr-1737	247	17	significant	significant	ADJ
framr-1737	247	18	at	at	ADP
framr-1737	247	19	5	5	NUM
framr-1737	247	20	%	%	NOUN
framr-1737	247	21	level	level	NOUN
framr-1737	247	22	of	of	ADP
framr-1737	247	23	significant	significant	ADJ
framr-1737	247	24	.	.	PUNCT
framr-1737	248	1	and	and	CCONJ
framr-1737	248	2	the	the	DET
framr-1737	248	3	liquidity	liquidity	NOUN
framr-1737	248	4	,	,	PUNCT
framr-1737	248	5	profitability	profitability	NOUN
framr-1737	248	6	,	,	PUNCT
framr-1737	248	7	tangibility	tangibility	NOUN
framr-1737	248	8	and	and	CCONJ
framr-1737	248	9	growth	growth	NOUN
framr-1737	248	10	rate	rate	NOUN
framr-1737	248	11	become	become	VERB
framr-1737	248	12	significant	significant	ADJ
framr-1737	248	13	at	at	ADP
framr-1737	248	14	10	10	NUM
framr-1737	248	15	%	%	NOUN
framr-1737	248	16	level	level	NOUN
framr-1737	248	17	of	of	ADP
framr-1737	248	18	significance	significance	NOUN
framr-1737	248	19	.	.	PUNCT
framr-1737	249	1	fixed	fix	VERB
framr-1737	249	2	effects	effect	NOUN
framr-1737	249	3	model	model	NOUN
framr-1737	249	4	:	:	PUNCT
framr-1737	249	5	fixed	fix	VERB
framr-1737	249	6	effects	effect	NOUN
framr-1737	249	7	model	model	NOUN
framr-1737	249	8	is	be	AUX
framr-1737	249	9	that	that	DET
framr-1737	249	10	statistical	statistical	ADJ
framr-1737	249	11	model	model	NOUN
framr-1737	249	12	where	where	SCONJ
framr-1737	249	13	model	model	NOUN
framr-1737	249	14	parameters	parameter	NOUN
framr-1737	249	15	are	be	AUX
framr-1737	249	16	considered	consider	VERB
framr-1737	249	17	to	to	PART
framr-1737	249	18	be	be	AUX
framr-1737	249	19	fixed/	fixed/	NUM
framr-1737	249	20	non	non	ADJ
framr-1737	249	21	-	-	ADJ
framr-1737	249	22	random	random	ADJ
framr-1737	249	23	quantities	quantity	NOUN
framr-1737	249	24	.	.	PUNCT
framr-1737	250	1	ordinary	ordinary	ADJ
framr-1737	250	2	least	least	ADJ
framr-1737	250	3	square	square	ADJ
framr-1737	250	4	method	method	NOUN
framr-1737	250	5	is	be	AUX
framr-1737	250	6	being	be	AUX
framr-1737	250	7	followed	follow	VERB
framr-1737	250	8	by	by	ADP
framr-1737	250	9	fixed	fix	VERB
framr-1737	250	10	effects	effect	NOUN
framr-1737	250	11	model	model	NOUN
framr-1737	250	12	.	.	PUNCT
framr-1737	251	1	it	it	PRON
framr-1737	251	2	’s	’s	AUX
framr-1737	251	3	found	find	VERB
framr-1737	251	4	that	that	SCONJ
framr-1737	251	5	,	,	PUNCT
framr-1737	251	6	some	some	DET
framr-1737	251	7	companies	company	NOUN
framr-1737	251	8	have	have	VERB
framr-1737	251	9	the	the	DET
framr-1737	251	10	highly	highly	ADV
framr-1737	251	11	different	different	ADJ
framr-1737	251	12	values	value	NOUN
framr-1737	251	13	while	while	SCONJ
framr-1737	251	14	in	in	ADP
framr-1737	251	15	some	some	DET
framr-1737	251	16	companies	company	NOUN
framr-1737	251	17	are	be	AUX
framr-1737	251	18	best	good	ADJ
framr-1737	251	19	for	for	ADP
framr-1737	251	20	their	their	PRON
framr-1737	251	21	different	different	ADJ
framr-1737	251	22	other	other	ADJ
framr-1737	251	23	variables	variable	NOUN
framr-1737	251	24	.	.	PUNCT
framr-1737	252	1	the	the	DET
framr-1737	252	2	outcome	outcome	NOUN
framr-1737	252	3	of	of	ADP
framr-1737	252	4	fixed	fix	VERB
framr-1737	252	5	effects	effect	NOUN
framr-1737	252	6	model	model	NOUN
framr-1737	252	7	is	be	AUX
framr-1737	252	8	given	give	VERB
framr-1737	252	9	below	below	ADP
framr-1737	252	10	:	:	PUNCT
framr-1737	252	11	financial	financial	ADJ
framr-1737	252	12	risk	risk	NOUN
framr-1737	252	13	and	and	CCONJ
framr-1737	252	14	management	management	NOUN
framr-1737	252	15	reviews	review	NOUN
framr-1737	252	16	,	,	PUNCT
framr-1737	252	17	2020	2020	NUM
framr-1737	252	18	,	,	PUNCT
framr-1737	252	19	6(1	6(1	NUM
framr-1737	252	20	):	):	PUNCT
framr-1737	252	21	40	40	NUM
framr-1737	252	22	-	-	SYM
framr-1737	252	23	51	51	NUM
framr-1737	252	24	48	48	NUM
framr-1737	252	25	©	©	PROPN
framr-1737	252	26	2020	2020	NUM
framr-1737	252	27	conscientia	conscientia	PROPN
framr-1737	252	28	beam	beam	PROPN
framr-1737	252	29	.	.	PUNCT
framr-1737	253	1	all	all	DET
framr-1737	253	2	rights	right	NOUN
framr-1737	253	3	reserved	reserve	VERB
framr-1737	253	4	.	.	PUNCT
framr-1737	254	1	table-5	table-5	PROPN
framr-1737	254	2	.	.	PUNCT
framr-1737	255	1	fixed	fix	VERB
framr-1737	255	2	-	-	PUNCT
framr-1737	255	3	effects	effect	NOUN
framr-1737	255	4	(	(	PUNCT
framr-1737	255	5	within	within	ADP
framr-1737	255	6	)	)	PUNCT
framr-1737	255	7	regression	regression	NOUN
framr-1737	255	8	.	.	PUNCT
framr-1737	256	1	fixed	fix	VERB
framr-1737	256	2	-	-	PUNCT
framr-1737	256	3	effects	effect	NOUN
framr-1737	256	4	(	(	PUNCT
framr-1737	256	5	within	within	ADP
framr-1737	256	6	)	)	PUNCT
framr-1737	256	7	regression	regression	NOUN
framr-1737	256	8	.	.	PUNCT
framr-1737	257	1	r	r	X
framr-1737	257	2	-	-	PUNCT
framr-1737	257	3	square	square	NOUN
framr-1737	257	4	:	:	PUNCT
framr-1737	257	5	within	within	ADP
framr-1737	257	6	.1028	.1028	PROPN
framr-1737	257	7	no	no	INTJ
framr-1737	257	8	.	.	PUNCT
framr-1737	258	1	of	of	ADP
framr-1737	258	2	objects	object	NOUN
framr-1737	258	3	100	100	NUM
framr-1737	258	4	between	between	ADP
framr-1737	258	5	.2017	.2017	PROPN
framr-1737	259	1	no	no	INTJ
framr-1737	259	2	.	.	PUNCT
framr-1737	260	1	of	of	ADP
framr-1737	260	2	groups	group	NOUN
framr-1737	260	3	10	10	NUM
framr-1737	260	4	overall	overall	ADV
framr-1737	260	5	.1470	.1470	PROPN
framr-1737	260	6	f(5.85	f(5.85	PROPN
framr-1737	260	7	)	)	PUNCT
framr-1737	260	8	2.05	2.05	NUM
framr-1737	260	9	corr(u_i	corr(u_i	PROPN
framr-1737	260	10	,	,	PUNCT
framr-1737	260	11	xb	xb	X
framr-1737	260	12	)	)	PUNCT
framr-1737	261	1	=	=	SYM
framr-1737	261	2	0.1217	0.1217	NUM
framr-1737	261	3	prob	prob	NOUN
framr-1737	261	4	>	>	X
framr-1737	261	5	f	f	PROPN
framr-1737	261	6	0.0791	0.0791	NUM
framr-1737	261	7	variables	variable	NOUN
framr-1737	261	8	coefficient	coefficient	NOUN
framr-1737	261	9	t	t	PROPN
framr-1737	261	10	p	p	X
framr-1737	261	11	>	>	PROPN
framr-1737	261	12	iti	iti	PROPN
framr-1737	261	13	firm	firm	ADJ
framr-1737	261	14	size	size	NOUN
framr-1737	261	15	-.1689556	-.1689556	PUNCT
framr-1737	261	16	-0.64	-0.64	NUM
framr-1737	261	17	0.525	0.525	NUM
framr-1737	261	18	profitability	profitability	NOUN
framr-1737	261	19	-.8156639	-.8156639	PUNCT
framr-1737	261	20	-1.44	-1.44	ADJ
framr-1737	261	21	.152	.152	NUM
framr-1737	261	22	growth	growth	NOUN
framr-1737	261	23	rate	rate	NOUN
framr-1737	261	24	-.1101819	-.1101819	PUNCT
framr-1737	261	25	-1.15	-1.15	NUM
framr-1737	261	26	0.253	0.253	NUM
framr-1737	261	27	liquidity	liquidity	NOUN
framr-1737	261	28	-.0656663	-.0656663	PUNCT
framr-1737	261	29	-1.98	-1.98	NUM
framr-1737	261	30	0.051	0.051	NUM
framr-1737	261	31	age	age	NOUN
framr-1737	261	32	-.001708	-.001708	PUNCT
framr-1737	261	33	-0.10	-0.10	NUM
framr-1737	261	34	0.922	0.922	NUM
framr-1737	261	35	cons	con	NOUN
framr-1737	261	36	2.436067	2.436067	NUM
framr-1737	261	37	1.19	1.19	NUM
framr-1737	261	38	0.238	0.238	NUM
framr-1737	261	39	sigma_u	sigma_u	NOUN
framr-1737	261	40	.33093108	.33093108	PROPN
framr-1737	261	41	sigma_e	sigma_e	X
framr-1737	261	42	.	.	PUNCT
framr-1737	262	1	34940329	34940329	NUM
framr-1737	262	2	f(9	f(9	PROPN
framr-1737	262	3	,	,	PUNCT
framr-1737	262	4	85	85	NUM
framr-1737	262	5	)	)	PUNCT
framr-1737	262	6	=	=	SYM
framr-1737	262	7	7.41	7.41	NUM
framr-1737	262	8	prob	prob	NOUN
framr-1737	262	9	>	>	X
framr-1737	262	10	f	f	PROPN
framr-1737	263	1	=	=	SYM
framr-1737	263	2	0.0000	0.0000	NUM
framr-1737	263	3	rho	rho	ADJ
framr-1737	263	4	.47286834	.47286834	NOUN
framr-1737	263	5	here	here	ADV
framr-1737	263	6	r	r	PROPN
framr-1737	263	7	square	square	NOUN
framr-1737	263	8	is	be	AUX
framr-1737	263	9	within	within	ADP
framr-1737	263	10	0.1028	0.1028	NUM
framr-1737	263	11	,	,	PUNCT
framr-1737	263	12	between	between	ADP
framr-1737	263	13	0.2017	0.2017	NUM
framr-1737	263	14	,	,	PUNCT
framr-1737	263	15	overall	overall	ADV
framr-1737	263	16	0.1470	0.1470	NUM
framr-1737	263	17	f	f	X
framr-1737	263	18	(	(	PUNCT
framr-1737	263	19	5.85	5.85	NUM
framr-1737	263	20	)	)	PUNCT
framr-1737	263	21	.	.	PUNCT
framr-1737	264	1	prob	prob	PROPN
framr-1737	264	2	>	>	X
framr-1737	264	3	f=0.0791	f=0.0791	PROPN
framr-1737	264	4	.	.	PUNCT
framr-1737	265	1	corr=-0.1217	corr=-0.1217	NOUN
framr-1737	265	2	.	.	PUNCT
framr-1737	266	1	it	it	PRON
framr-1737	266	2	means	mean	VERB
framr-1737	266	3	all	all	DET
framr-1737	266	4	the	the	DET
framr-1737	266	5	independent	independent	ADJ
framr-1737	266	6	variables	variable	NOUN
framr-1737	266	7	can	can	AUX
framr-1737	266	8	impact	impact	VERB
framr-1737	266	9	by	by	ADP
framr-1737	266	10	14.70	14.70	NUM
framr-1737	266	11	%	%	NOUN
framr-1737	266	12	on	on	ADP
framr-1737	266	13	financial	financial	ADJ
framr-1737	266	14	risk	risk	NOUN
framr-1737	266	15	.	.	PUNCT
framr-1737	267	1	p	p	NOUN
framr-1737	267	2	value	value	NOUN
framr-1737	267	3	indicates	indicate	VERB
framr-1737	267	4	that	that	SCONJ
framr-1737	267	5	the	the	DET
framr-1737	267	6	model	model	NOUN
framr-1737	267	7	is	be	AUX
framr-1737	267	8	significant	significant	ADJ
framr-1737	267	9	.	.	PUNCT
framr-1737	268	1	random	random	ADJ
framr-1737	268	2	-	-	PUNCT
framr-1737	268	3	effects	effect	NOUN
framr-1737	268	4	gls	gls	ADJ
framr-1737	268	5	regression	regression	NOUN
framr-1737	268	6	:	:	PUNCT
framr-1737	268	7	random	random	ADJ
framr-1737	268	8	effects	effect	NOUN
framr-1737	268	9	model	model	NOUN
framr-1737	268	10	is	be	AUX
framr-1737	268	11	just	just	ADV
framr-1737	268	12	the	the	DET
framr-1737	268	13	opposite	opposite	NOUN
framr-1737	268	14	of	of	ADP
framr-1737	268	15	fixed	fix	VERB
framr-1737	268	16	effects	effect	NOUN
framr-1737	268	17	model	model	NOUN
framr-1737	268	18	.	.	PUNCT
framr-1737	269	1	here	here	ADV
framr-1737	269	2	variables	variable	NOUN
framr-1737	269	3	are	be	AUX
framr-1737	269	4	random	random	ADJ
framr-1737	269	5	and	and	CCONJ
framr-1737	269	6	unpredictable	unpredictable	ADJ
framr-1737	269	7	.	.	PUNCT
framr-1737	270	1	here	here	ADV
framr-1737	270	2	model	model	NOUN
framr-1737	270	3	parameters	parameter	NOUN
framr-1737	270	4	are	be	AUX
framr-1737	270	5	considered	consider	VERB
framr-1737	270	6	as	as	ADP
framr-1737	270	7	random	random	ADJ
framr-1737	270	8	.	.	PUNCT
framr-1737	271	1	random	random	ADJ
framr-1737	271	2	effects	effect	NOUN
framr-1737	271	3	model	model	NOUN
framr-1737	271	4	follows	follow	VERB
framr-1737	271	5	gls	gls	ADJ
framr-1737	271	6	regression	regression	NOUN
framr-1737	271	7	equation	equation	NOUN
framr-1737	271	8	.	.	PUNCT
framr-1737	272	1	the	the	DET
framr-1737	272	2	outcome	outcome	NOUN
framr-1737	272	3	of	of	ADP
framr-1737	272	4	random	random	ADJ
framr-1737	272	5	effects	effect	NOUN
framr-1737	272	6	model	model	NOUN
framr-1737	272	7	is	be	AUX
framr-1737	272	8	given	give	VERB
framr-1737	272	9	below	below	ADP
framr-1737	272	10	:	:	PUNCT
framr-1737	272	11	table-6	table-6	PROPN
framr-1737	272	12	.	.	PUNCT
framr-1737	272	13	random	random	ADJ
framr-1737	272	14	-	-	PUNCT
framr-1737	272	15	effects	effect	NOUN
framr-1737	272	16	gls	gls	ADJ
framr-1737	272	17	regression	regression	NOUN
framr-1737	272	18	.	.	PUNCT
framr-1737	273	1	random	random	ADJ
framr-1737	273	2	effects	effect	NOUN
framr-1737	273	3	gls	gl	VERB
framr-1737	273	4	regression	regression	NOUN
framr-1737	273	5	r	r	NOUN
framr-1737	273	6	-	-	NOUN
framr-1737	273	7	square	square	NOUN
framr-1737	273	8	:	:	PUNCT
framr-1737	273	9	within	within	ADP
framr-1737	273	10	.1042	.1042	PROPN
framr-1737	273	11	no	no	INTJ
framr-1737	273	12	.	.	PUNCT
framr-1737	274	1	of	of	ADP
framr-1737	274	2	objects	object	NOUN
framr-1737	274	3	100	100	NUM
framr-1737	274	4	between	between	ADP
framr-1737	274	5	.3631	.3631	PROPN
framr-1737	274	6	no	no	INTJ
framr-1737	274	7	.	.	PUNCT
framr-1737	274	8	of	of	ADP
framr-1737	274	9	groups	group	NOUN
framr-1737	274	10	10	10	NUM
framr-1737	274	11	overall	overall	ADV
framr-1737	274	12	.2348	.2348	PROPN
framr-1737	274	13	wald	wald	PROPN
framr-1737	274	14	chi2(5	chi2(5	PROPN
framr-1737	274	15	)	)	PUNCT
framr-1737	274	16	14.67	14.67	NUM
framr-1737	274	17	corr(u_i	corr(u_i	PROPN
framr-1737	274	18	,	,	PUNCT
framr-1737	274	19	xb	xb	PROPN
framr-1737	274	20	)	)	PUNCT
framr-1737	274	21	0	0	NUM
framr-1737	275	1	prob	prob	PROPN
framr-1737	275	2	>	>	X
framr-1737	275	3	chi2	chi2	PROPN
framr-1737	275	4	0.0118	0.0118	NUM
framr-1737	275	5	variable	variable	ADJ
framr-1737	275	6	coefficient	coefficient	NOUN
framr-1737	275	7	z	z	PROPN
framr-1737	275	8	p	p	PROPN
framr-1737	275	9	>	>	X
framr-1737	275	10	izi	izi	PROPN
framr-1737	275	11	firm	firm	NOUN
framr-1737	275	12	size	size	NOUN
framr-1737	275	13	-.302624	-.302624	PUNCT
framr-1737	275	14	-2.18	-2.18	NUM
framr-1737	275	15	0.030	0.030	NUM
framr-1737	275	16	profitability	profitability	NOUN
framr-1737	275	17	-.8164211	-.8164211	PUNCT
framr-1737	275	18	-1.48	-1.48	ADP
framr-1737	275	19	0.100	0.100	NUM
framr-1737	275	20	growth	growth	NOUN
framr-1737	275	21	rate	rate	NOUN
framr-1737	275	22	-.0927495	-.0927495	PUNCT
framr-1737	275	23	-1.01	-1.01	PRON
framr-1737	275	24	0.313	0.313	NUM
framr-1737	275	25	liquidity	liquidity	NOUN
framr-1737	275	26	-.0664912	-.0664912	PUNCT
framr-1737	275	27	-2.04	-2.04	NOUN
framr-1737	275	28	0.041	0.041	NUM
framr-1737	275	29	age	age	NOUN
framr-1737	275	30	.0081479	.0081479	NOUN
framr-1737	275	31	0.95	0.95	NUM
framr-1737	275	32	0.340	0.340	NUM
framr-1737	275	33	cons	con	NOUN
framr-1737	275	34	3.341806	3.341806	NUM
framr-1737	275	35	2.66	2.66	NUM
framr-1737	275	36	0.008	0.008	NUM
framr-1737	275	37	sigma_u	sigma_u	NOUN
framr-1737	275	38	.28151998	.28151998	PROPN
framr-1737	275	39	sigma_e	sigma_e	X
framr-1737	275	40	.34940329	.34940329	PROPN
framr-1737	276	1	rho	rho	PROPN
framr-1737	276	2	.39363768	.39363768	PROPN
framr-1737	276	3	generalized	generalize	VERB
framr-1737	276	4	least	least	ADJ
framr-1737	276	5	square	square	ADJ
framr-1737	276	6	regression	regression	NOUN
framr-1737	276	7	method	method	NOUN
framr-1737	276	8	is	be	AUX
framr-1737	276	9	being	be	AUX
framr-1737	276	10	followed	follow	VERB
framr-1737	276	11	by	by	ADP
framr-1737	276	12	random	random	ADJ
framr-1737	276	13	effect	effect	NOUN
framr-1737	276	14	model	model	NOUN
framr-1737	276	15	because	because	SCONJ
framr-1737	276	16	of	of	ADP
framr-1737	276	17	cross	cross	PROPN
framr-1737	276	18	sectional	sectional	ADJ
framr-1737	276	19	data	datum	NOUN
framr-1737	276	20	.	.	PUNCT
framr-1737	277	1	in	in	ADP
framr-1737	277	2	table	table	NOUN
framr-1737	277	3	6	6	NUM
framr-1737	277	4	here	here	ADV
framr-1737	277	5	r	r	NOUN
framr-1737	277	6	square	square	NOUN
framr-1737	277	7	is	be	AUX
framr-1737	277	8	within	within	ADP
framr-1737	277	9	0.1042	0.1042	NUM
framr-1737	277	10	,	,	PUNCT
framr-1737	277	11	between	between	ADP
framr-1737	277	12	0.3631	0.3631	NUM
framr-1737	277	13	,	,	PUNCT
framr-1737	277	14	overall	overall	ADJ
framr-1737	277	15	0.23480	0.23480	NUM
framr-1737	277	16	.	.	PUNCT
framr-1737	278	1	wald	wald	PROPN
framr-1737	278	2	chi2(5	chi2(5	PROPN
framr-1737	278	3	)	)	PUNCT
framr-1737	279	1	=	=	SYM
framr-1737	279	2	14.67	14.67	NUM
framr-1737	279	3	.	.	PUNCT
framr-1737	280	1	prob	prob	PROPN
framr-1737	280	2	>	>	X
framr-1737	280	3	chi2=	chi2=	PROPN
framr-1737	280	4	0.0118	0.0118	NUM
framr-1737	280	5	.	.	PUNCT
framr-1737	281	1	corr=0	corr=0	X
framr-1737	281	2	.	.	PUNCT
framr-1737	282	1	it	it	PRON
framr-1737	282	2	means	mean	VERB
framr-1737	282	3	all	all	DET
framr-1737	282	4	the	the	DET
framr-1737	282	5	independent	independent	ADJ
framr-1737	282	6	variables	variable	NOUN
framr-1737	282	7	can	can	AUX
framr-1737	282	8	impact	impact	VERB
framr-1737	282	9	by	by	ADP
framr-1737	282	10	23.48	23.48	NUM
framr-1737	282	11	%	%	NOUN
framr-1737	282	12	on	on	ADP
framr-1737	282	13	financial	financial	ADJ
framr-1737	282	14	risk	risk	NOUN
framr-1737	282	15	.	.	PUNCT
framr-1737	283	1	p	p	NOUN
framr-1737	283	2	value	value	NOUN
framr-1737	283	3	0.01	0.01	NUM
framr-1737	283	4	indicates	indicate	VERB
framr-1737	283	5	that	that	SCONJ
framr-1737	283	6	the	the	DET
framr-1737	283	7	model	model	NOUN
framr-1737	283	8	is	be	AUX
framr-1737	283	9	not	not	PART
framr-1737	283	10	weak	weak	ADJ
framr-1737	283	11	.	.	PUNCT
framr-1737	284	1	financial	financial	ADJ
framr-1737	284	2	risk	risk	NOUN
framr-1737	284	3	and	and	CCONJ
framr-1737	284	4	management	management	NOUN
framr-1737	284	5	reviews	review	NOUN
framr-1737	284	6	,	,	PUNCT
framr-1737	284	7	2020	2020	NUM
framr-1737	284	8	,	,	PUNCT
framr-1737	284	9	6(1	6(1	NUM
framr-1737	284	10	):	):	PUNCT
framr-1737	284	11	40	40	NUM
framr-1737	284	12	-	-	SYM
framr-1737	284	13	51	51	NUM
framr-1737	284	14	49	49	NUM
framr-1737	284	15	©	©	PROPN
framr-1737	284	16	2020	2020	NUM
framr-1737	284	17	conscientia	conscientia	PROPN
framr-1737	284	18	beam	beam	PROPN
framr-1737	284	19	.	.	PUNCT
framr-1737	285	1	all	all	DET
framr-1737	285	2	rights	right	NOUN
framr-1737	285	3	reserved	reserve	VERB
framr-1737	285	4	.	.	PUNCT
framr-1737	286	1	hausman	hausman	PROPN
framr-1737	286	2	test	test	NOUN
framr-1737	286	3	:	:	PUNCT
framr-1737	286	4	through	through	ADP
framr-1737	286	5	conducting	conduct	VERB
framr-1737	286	6	the	the	DET
framr-1737	286	7	hausman	hausman	ADJ
framr-1737	286	8	test	test	NOUN
framr-1737	286	9	,	,	PUNCT
framr-1737	286	10	we	we	PRON
framr-1737	286	11	can	can	AUX
framr-1737	286	12	understand	understand	VERB
framr-1737	286	13	between	between	ADP
framr-1737	286	14	fixed	fix	VERB
framr-1737	286	15	effects	effect	NOUN
framr-1737	286	16	and	and	CCONJ
framr-1737	286	17	random	random	ADJ
framr-1737	286	18	effects	effect	NOUN
framr-1737	286	19	model	model	NOUN
framr-1737	286	20	,	,	PUNCT
framr-1737	286	21	which	which	DET
framr-1737	286	22	option	option	NOUN
framr-1737	286	23	provides	provide	VERB
framr-1737	286	24	the	the	DET
framr-1737	286	25	best	good	ADJ
framr-1737	286	26	result	result	NOUN
framr-1737	286	27	to	to	ADP
framr-1737	286	28	our	our	PRON
framr-1737	286	29	model	model	NOUN
framr-1737	286	30	.	.	PUNCT
framr-1737	287	1	here	here	ADV
framr-1737	287	2	is	be	AUX
framr-1737	287	3	the	the	DET
framr-1737	287	4	outcome	outcome	NOUN
framr-1737	287	5	of	of	ADP
framr-1737	287	6	hausman	hausman	ADJ
framr-1737	287	7	test	test	NOUN
framr-1737	287	8	:	:	PUNCT
framr-1737	287	9	table-7	table-7	X
framr-1737	287	10	.	.	PUNCT
framr-1737	287	11	hausman	hausman	PROPN
framr-1737	287	12	test	test	PROPN
framr-1737	287	13	variables	variable	NOUN
framr-1737	287	14	fixed	fix	VERB
framr-1737	287	15	random	random	ADJ
framr-1737	287	16	difference	difference	NOUN
framr-1737	287	17	sqrt	sqrt	NOUN
framr-1737	287	18	s.e	s.e	PROPN
framr-1737	287	19	firm	firm	ADJ
framr-1737	287	20	size	size	NOUN
framr-1737	287	21	-0.1689556	-0.1689556	NOUN
framr-1737	287	22	-0.30262	-0.30262	VERB
framr-1737	287	23	0.1336685	0.1336685	NUM
framr-1737	287	24	0.225567	0.225567	NUM
framr-1737	287	25	profitability	profitability	NOUN
framr-1737	287	26	-0.8156639	-0.8156639	NOUN
framr-1737	287	27	-0.81642	-0.81642	VERB
framr-1737	287	28	0.0007573	0.0007573	NUM
framr-1737	287	29	0.118001	0.118001	NUM
framr-1737	287	30	growth	growth	NOUN
framr-1737	287	31	rate	rate	NOUN
framr-1737	287	32	-0.1101819	-0.1101819	PROPN
framr-1737	287	33	-0.09275	-0.09275	PROPN
framr-1737	287	34	-0.0174324	-0.0174324	PUNCT
framr-1737	288	1	0.02723	0.02723	NUM
framr-1737	288	2	liquidity	liquidity	NOUN
framr-1737	288	3	-0.0656663	-0.0656663	NOUN
framr-1737	288	4	-0.06649	-0.06649	VERB
framr-1737	289	1	0.0008249	0.0008249	NUM
framr-1737	289	2	0.006312	0.006312	NUM
framr-1737	289	3	age	age	NOUN
framr-1737	289	4	-0.001708	-0.001708	NOUN
framr-1737	289	5	0.008148	0.008148	NUM
framr-1737	289	6	-0.0098559	-0.0098559	NOUN
framr-1737	290	1	0.015123	0.015123	NUM
framr-1737	290	2	b	b	X
framr-1737	290	3	=	=	PUNCT
framr-1737	290	4	consistent	consistent	ADJ
framr-1737	290	5	under	under	ADP
framr-1737	290	6	ho	ho	PROPN
framr-1737	290	7	and	and	CCONJ
framr-1737	290	8	ha	ha	INTJ
framr-1737	290	9	chi2(5	chi2(5	PROPN
framr-1737	290	10	)	)	PUNCT
framr-1737	290	11	2.32	2.32	NUM
framr-1737	290	12	;	;	PUNCT
framr-1737	290	13	obtained	obtain	VERB
framr-1737	290	14	from	from	ADP
framr-1737	290	15	xtreg	xtreg	PROPN
framr-1737	290	16	b	b	NOUN
framr-1737	290	17	=	=	NOUN
framr-1737	290	18	inconsistent	inconsistent	ADJ
framr-1737	290	19	under	under	ADP
framr-1737	290	20	ha	ha	INTJ
framr-1737	290	21	,	,	PUNCT
framr-1737	290	22	efficient	efficient	ADJ
framr-1737	290	23	under	under	ADP
framr-1737	290	24	ho	ho	PROPN
framr-1737	290	25	;	;	PUNCT
framr-1737	290	26	prob	prob	NOUN
framr-1737	290	27	>	>	X
framr-1737	290	28	chi2	chi2	PROPN
framr-1737	290	29	0.8026	0.8026	NUM
framr-1737	290	30	hausman	hausman	NOUN
framr-1737	290	31	fixed	fix	VERB
framr-1737	290	32	random	random	ADJ
framr-1737	290	33	reveals	reveal	VERB
framr-1737	290	34	that	that	SCONJ
framr-1737	290	35	difference	difference	NOUN
framr-1737	290	36	in	in	ADP
framr-1737	290	37	coefficient	coefficient	NOUN
framr-1737	290	38	is	be	AUX
framr-1737	290	39	not	not	PART
framr-1737	290	40	systematic	systematic	ADJ
framr-1737	290	41	(	(	PUNCT
framr-1737	290	42	prob	prob	NOUN
framr-1737	290	43	>	>	X
framr-1737	290	44	chi2=0.8026	chi2=0.8026	PROPN
framr-1737	290	45	)	)	PUNCT
framr-1737	290	46	.	.	PUNCT
framr-1737	291	1	if	if	SCONJ
framr-1737	291	2	p	p	X
framr-1737	291	3	>	>	X
framr-1737	291	4	0.05	0.05	NUM
framr-1737	291	5	,	,	PUNCT
framr-1737	291	6	random	random	ADJ
framr-1737	291	7	effects	effect	NOUN
framr-1737	291	8	outcome	outcome	NOUN
framr-1737	291	9	is	be	AUX
framr-1737	291	10	best	well	ADV
framr-1737	291	11	suitable	suitable	ADJ
framr-1737	291	12	for	for	ADP
framr-1737	291	13	the	the	DET
framr-1737	291	14	test	test	NOUN
framr-1737	291	15	.	.	PUNCT
framr-1737	292	1	thus	thus	ADV
framr-1737	292	2	random	random	ADJ
framr-1737	292	3	effects	effect	NOUN
framr-1737	292	4	can	can	AUX
framr-1737	292	5	be	be	AUX
framr-1737	292	6	used	use	VERB
framr-1737	292	7	for	for	ADP
framr-1737	292	8	analysis	analysis	NOUN
framr-1737	292	9	.	.	PUNCT
framr-1737	293	1	table	table	NOUN
framr-1737	293	2	7	7	NUM
framr-1737	293	3	reports	report	NOUN
framr-1737	293	4	that	that	SCONJ
framr-1737	293	5	wald	wald	PROPN
framr-1737	293	6	chi2(5	chi2(5	PROPN
framr-1737	293	7	)	)	PUNCT
framr-1737	293	8	=	=	PUNCT
framr-1737	294	1	2.32	2.32	NUM
framr-1737	294	2	.	.	PUNCT
framr-1737	295	1	it	it	PRON
framr-1737	295	2	indicates	indicate	VERB
framr-1737	295	3	that	that	SCONJ
framr-1737	295	4	the	the	DET
framr-1737	295	5	perfection	perfection	NOUN
framr-1737	295	6	model	model	NOUN
framr-1737	295	7	has	have	AUX
framr-1737	295	8	been	be	AUX
framr-1737	295	9	used	use	VERB
framr-1737	295	10	.	.	PUNCT
framr-1737	296	1	random	random	ADJ
framr-1737	296	2	-	-	PUNCT
framr-1737	296	3	effect	effect	NOUN
framr-1737	296	4	regression	regression	NOUN
framr-1737	296	5	analysis	analysis	NOUN
framr-1737	296	6	in	in	ADP
framr-1737	296	7	table	table	NOUN
framr-1737	296	8	5	5	NUM
framr-1737	296	9	reports	report	NOUN
framr-1737	296	10	that	that	SCONJ
framr-1737	296	11	there	there	PRON
framr-1737	296	12	are	be	VERB
framr-1737	296	13	100	100	NUM
framr-1737	296	14	observations	observation	NOUN
framr-1737	296	15	on	on	ADP
framr-1737	296	16	company	company	NOUN
framr-1737	296	17	-	-	PUNCT
framr-1737	296	18	years	year	NOUN
framr-1737	296	19	,	,	PUNCT
framr-1737	296	20	reflecting	reflect	VERB
framr-1737	296	21	n=10	n=10	NOUN
framr-1737	296	22	companies	company	NOUN
framr-1737	296	23	,	,	PUNCT
framr-1737	296	24	each	each	PRON
framr-1737	296	25	observed	observe	VERB
framr-1737	296	26	for	for	ADP
framr-1737	296	27	an	an	DET
framr-1737	296	28	average	average	NOUN
framr-1737	296	29	of	of	ADP
framr-1737	296	30	10	10	NUM
framr-1737	296	31	years	year	NOUN
framr-1737	296	32	.	.	PUNCT
framr-1737	297	1	besides	besides	SCONJ
framr-1737	297	2	,	,	PUNCT
framr-1737	297	3	the	the	DET
framr-1737	297	4	p	p	NOUN
framr-1737	297	5	-	-	PUNCT
framr-1737	297	6	value	value	NOUN
framr-1737	297	7	is	be	AUX
framr-1737	297	8	also	also	ADV
framr-1737	297	9	lower	low	ADJ
framr-1737	297	10	than	than	ADP
framr-1737	297	11	0.05	0.05	NUM
framr-1737	297	12	,	,	PUNCT
framr-1737	297	13	hence	hence	ADV
framr-1737	297	14	this	this	PRON
framr-1737	297	15	also	also	ADV
framr-1737	297	16	signifies	signify	VERB
framr-1737	297	17	liquidity	liquidity	NOUN
framr-1737	297	18	,	,	PUNCT
framr-1737	297	19	profitability	profitability	NOUN
framr-1737	297	20	and	and	CCONJ
framr-1737	297	21	size	size	NOUN
framr-1737	297	22	have	have	VERB
framr-1737	297	23	significant	significant	ADJ
framr-1737	297	24	influence	influence	NOUN
framr-1737	297	25	on	on	ADP
framr-1737	297	26	dependent	dependent	ADJ
framr-1737	297	27	variable	variable	NOUN
framr-1737	297	28	.	.	PUNCT
framr-1737	298	1	the	the	DET
framr-1737	298	2	calculated	calculated	ADJ
framr-1737	298	3	prob	prob	NOUN
framr-1737	298	4	>	>	X
framr-1737	298	5	chi2=0.0118	chi2=0.0118	PROPN
framr-1737	298	6	is	be	AUX
framr-1737	298	7	less	less	ADJ
framr-1737	298	8	than	than	ADP
framr-1737	298	9	0.05	0.05	NUM
framr-1737	298	10	,	,	PUNCT
framr-1737	298	11	hence	hence	ADV
framr-1737	298	12	random	random	ADJ
framr-1737	298	13	-	-	PUNCT
framr-1737	298	14	effects	effect	NOUN
framr-1737	298	15	model	model	NOUN
framr-1737	298	16	is	be	AUX
framr-1737	298	17	reported	report	VERB
framr-1737	298	18	to	to	PART
framr-1737	298	19	be	be	AUX
framr-1737	298	20	significant	significant	ADJ
framr-1737	298	21	at	at	ADP
framr-1737	298	22	5	5	NUM
framr-1737	298	23	%	%	NOUN
framr-1737	298	24	level	level	NOUN
framr-1737	298	25	of	of	ADP
framr-1737	298	26	significance	significance	NOUN
framr-1737	298	27	.	.	PUNCT
framr-1737	299	1	therefore	therefore	ADV
framr-1737	299	2	,	,	PUNCT
framr-1737	299	3	this	this	DET
framr-1737	299	4	study	study	NOUN
framr-1737	299	5	is	be	AUX
framr-1737	299	6	significant	significant	ADJ
framr-1737	299	7	and	and	CCONJ
framr-1737	299	8	indicating	indicate	VERB
framr-1737	299	9	that	that	SCONJ
framr-1737	299	10	there	there	PRON
framr-1737	299	11	exists	exist	VERB
framr-1737	299	12	significant	significant	ADJ
framr-1737	299	13	association	association	NOUN
framr-1737	299	14	between	between	ADP
framr-1737	299	15	capital	capital	NOUN
framr-1737	299	16	structure	structure	NOUN
framr-1737	299	17	and	and	CCONJ
framr-1737	299	18	firm	firm	ADJ
framr-1737	299	19	specific	specific	ADJ
framr-1737	299	20	determinants	determinant	NOUN
framr-1737	299	21	of	of	ADP
framr-1737	299	22	selected	select	VERB
framr-1737	299	23	textile	textile	NOUN
framr-1737	299	24	manufacturing	manufacturing	NOUN
framr-1737	299	25	enterprises	enterprise	NOUN
framr-1737	299	26	.	.	PUNCT
framr-1737	300	1	7	7	X
framr-1737	300	2	.	.	X
framr-1737	300	3	policy	policy	NOUN
framr-1737	300	4	implications	implication	NOUN
framr-1737	300	5	and	and	CCONJ
framr-1737	300	6	conclusion	conclusion	VERB
framr-1737	300	7	the	the	DET
framr-1737	300	8	data	data	NOUN
framr-1737	300	9	show	show	NOUN
framr-1737	300	10	,	,	PUNCT
framr-1737	300	11	mainly	mainly	ADV
framr-1737	300	12	from	from	ADP
framr-1737	300	13	multiple	multiple	ADJ
framr-1737	300	14	regressions	regression	NOUN
framr-1737	300	15	testing	testing	NOUN
framr-1737	300	16	,	,	PUNCT
framr-1737	300	17	that	that	DET
framr-1737	300	18	profitability	profitability	NOUN
framr-1737	300	19	,	,	PUNCT
framr-1737	300	20	liquidity	liquidity	NOUN
framr-1737	300	21	and	and	CCONJ
framr-1737	300	22	asset	asset	NOUN
framr-1737	300	23	size	size	NOUN
framr-1737	300	24	are	be	AUX
framr-1737	300	25	statistically	statistically	ADV
framr-1737	300	26	significant	significant	ADJ
framr-1737	300	27	explanatory	explanatory	ADJ
framr-1737	300	28	variables	variable	NOUN
framr-1737	300	29	for	for	ADP
framr-1737	300	30	total	total	ADJ
framr-1737	300	31	debt	debt	NOUN
framr-1737	300	32	ratio	ratio	NOUN
framr-1737	300	33	,	,	PUNCT
framr-1737	300	34	all	all	ADV
framr-1737	300	35	with	with	ADP
framr-1737	300	36	a	a	DET
framr-1737	300	37	negative	negative	ADJ
framr-1737	300	38	correlation	correlation	NOUN
framr-1737	300	39	.	.	PUNCT
framr-1737	301	1	as	as	SCONJ
framr-1737	301	2	they	they	PRON
framr-1737	301	3	are	be	AUX
framr-1737	301	4	larger	large	ADJ
framr-1737	301	5	,	,	PUNCT
framr-1737	301	6	borrowing	borrowing	NOUN
framr-1737	301	7	is	be	AUX
framr-1737	301	8	less	less	ADJ
framr-1737	301	9	.	.	PUNCT
framr-1737	302	1	other	other	ADJ
framr-1737	302	2	independent	independent	ADJ
framr-1737	302	3	variables	variable	NOUN
framr-1737	302	4	considered	consider	VERB
framr-1737	302	5	were	be	AUX
framr-1737	302	6	not	not	PART
framr-1737	302	7	found	find	VERB
framr-1737	302	8	to	to	PART
framr-1737	302	9	be	be	AUX
framr-1737	302	10	significant	significant	ADJ
framr-1737	302	11	at	at	ADP
framr-1737	302	12	the	the	DET
framr-1737	302	13	.95	.95	NUM
framr-1737	302	14	probability	probability	NOUN
framr-1737	302	15	standard	standard	NOUN
framr-1737	302	16	.	.	PUNCT
framr-1737	303	1	this	this	PRON
framr-1737	303	2	means	mean	VERB
framr-1737	303	3	that	that	SCONJ
framr-1737	303	4	the	the	DET
framr-1737	303	5	data	datum	NOUN
framr-1737	303	6	collected	collect	VERB
framr-1737	303	7	here	here	ADV
framr-1737	303	8	does	do	AUX
framr-1737	303	9	not	not	PART
framr-1737	303	10	show	show	VERB
framr-1737	303	11	sufficient	sufficient	ADJ
framr-1737	303	12	correlation	correlation	NOUN
framr-1737	303	13	of	of	ADP
framr-1737	303	14	the	the	DET
framr-1737	303	15	variables	variable	NOUN
framr-1737	303	16	other	other	ADJ
framr-1737	303	17	than	than	ADP
framr-1737	303	18	size	size	NOUN
framr-1737	303	19	,	,	PUNCT
framr-1737	303	20	profitability	profitability	NOUN
framr-1737	303	21	and	and	CCONJ
framr-1737	303	22	liquidity	liquidity	NOUN
framr-1737	303	23	with	with	ADP
framr-1737	303	24	the	the	DET
framr-1737	303	25	total	total	ADJ
framr-1737	303	26	debt	debt	NOUN
framr-1737	303	27	of	of	ADP
framr-1737	303	28	the	the	DET
framr-1737	303	29	companies	company	NOUN
framr-1737	303	30	studied	study	VERB
framr-1737	303	31	here	here	ADV
framr-1737	303	32	,	,	PUNCT
framr-1737	303	33	whether	whether	SCONJ
framr-1737	303	34	or	or	CCONJ
framr-1737	303	35	not	not	PART
framr-1737	303	36	these	these	DET
framr-1737	303	37	factors	factor	NOUN
framr-1737	303	38	are	be	AUX
framr-1737	303	39	significant	significant	ADJ
framr-1737	303	40	in	in	ADP
framr-1737	303	41	general	general	ADJ
framr-1737	303	42	or	or	CCONJ
framr-1737	303	43	for	for	ADP
framr-1737	303	44	other	other	ADJ
framr-1737	303	45	companies	company	NOUN
framr-1737	303	46	,	,	PUNCT
framr-1737	303	47	to	to	PART
framr-1737	303	48	be	be	AUX
framr-1737	303	49	considered	consider	VERB
framr-1737	303	50	influential	influential	ADJ
framr-1737	303	51	in	in	ADP
framr-1737	303	52	the	the	DET
framr-1737	303	53	decisions	decision	NOUN
framr-1737	303	54	on	on	ADP
framr-1737	303	55	total	total	ADJ
framr-1737	303	56	debt	debt	NOUN
framr-1737	303	57	.	.	PUNCT
framr-1737	304	1	the	the	DET
framr-1737	304	2	chisquare	chisquare	PROPN
framr-1737	304	3	test	test	NOUN
framr-1737	304	4	further	far	ADV
framr-1737	304	5	gives	give	VERB
framr-1737	304	6	us	we	PRON
framr-1737	304	7	confidence	confidence	NOUN
framr-1737	304	8	that	that	SCONJ
framr-1737	304	9	there	there	PRON
framr-1737	304	10	is	be	VERB
framr-1737	304	11	sufficient	sufficient	ADJ
framr-1737	304	12	goodness	goodness	NOUN
framr-1737	304	13	of	of	ADP
framr-1737	304	14	fit	fit	ADJ
framr-1737	304	15	to	to	PART
framr-1737	304	16	show	show	VERB
framr-1737	304	17	that	that	SCONJ
framr-1737	304	18	the	the	DET
framr-1737	304	19	correlations	correlation	NOUN
framr-1737	304	20	in	in	ADP
framr-1737	304	21	the	the	DET
framr-1737	304	22	random	random	ADJ
framr-1737	304	23	effects	effect	NOUN
framr-1737	304	24	model	model	NOUN
framr-1737	304	25	reported	report	VERB
framr-1737	304	26	actually	actually	ADV
framr-1737	304	27	exist	exist	VERB
framr-1737	304	28	.	.	PUNCT
framr-1737	305	1	in	in	ADP
framr-1737	305	2	general	general	ADJ
framr-1737	305	3	,	,	PUNCT
framr-1737	305	4	our	our	PRON
framr-1737	305	5	findings	finding	NOUN
framr-1737	305	6	have	have	AUX
framr-1737	305	7	been	be	AUX
framr-1737	305	8	most	most	ADV
framr-1737	305	9	consistent	consistent	ADJ
framr-1737	305	10	with	with	ADP
framr-1737	305	11	the	the	DET
framr-1737	305	12	expectations	expectation	NOUN
framr-1737	305	13	of	of	ADP
framr-1737	305	14	the	the	DET
framr-1737	305	15	pecking	pecking	NOUN
framr-1737	305	16	order	order	NOUN
framr-1737	305	17	theory	theory	NOUN
framr-1737	305	18	and	and	CCONJ
framr-1737	305	19	lend	lend	VERB
framr-1737	305	20	some	some	DET
framr-1737	305	21	support	support	NOUN
framr-1737	305	22	to	to	ADP
framr-1737	305	23	the	the	DET
framr-1737	305	24	accuracy	accuracy	NOUN
framr-1737	305	25	of	of	ADP
framr-1737	305	26	that	that	DET
framr-1737	305	27	theory	theory	NOUN
framr-1737	305	28	.	.	PUNCT
framr-1737	306	1	there	there	PRON
framr-1737	306	2	is	be	VERB
framr-1737	306	3	some	some	DET
framr-1737	306	4	support	support	NOUN
framr-1737	306	5	for	for	ADP
framr-1737	306	6	the	the	DET
framr-1737	306	7	static	static	ADJ
framr-1737	306	8	trade	trade	NOUN
framr-1737	306	9	-	-	PUNCT
framr-1737	306	10	off	off	ADP
framr-1737	306	11	theory	theory	NOUN
framr-1737	306	12	,	,	PUNCT
framr-1737	306	13	where	where	SCONJ
framr-1737	306	14	the	the	DET
framr-1737	306	15	theory	theory	NOUN
framr-1737	306	16	did	do	AUX
framr-1737	306	17	not	not	PART
framr-1737	306	18	mention	mention	VERB
framr-1737	306	19	a	a	DET
framr-1737	306	20	variable	variable	NOUN
framr-1737	306	21	and	and	CCONJ
framr-1737	306	22	we	we	PRON
framr-1737	306	23	did	do	AUX
framr-1737	306	24	not	not	PART
framr-1737	306	25	find	find	VERB
framr-1737	306	26	it	it	PRON
framr-1737	306	27	to	to	PART
framr-1737	306	28	be	be	AUX
framr-1737	306	29	significant	significant	ADJ
framr-1737	306	30	,	,	PUNCT
framr-1737	306	31	but	but	CCONJ
framr-1737	306	32	in	in	ADP
framr-1737	306	33	general	general	ADJ
framr-1737	306	34	the	the	DET
framr-1737	306	35	results	result	NOUN
framr-1737	306	36	contradict	contradict	VERB
framr-1737	306	37	the	the	DET
framr-1737	306	38	expectations	expectation	NOUN
framr-1737	306	39	of	of	ADP
framr-1737	306	40	that	that	DET
framr-1737	306	41	theory	theory	NOUN
framr-1737	306	42	.	.	PUNCT
framr-1737	307	1	therefore	therefore	ADV
framr-1737	307	2	,	,	PUNCT
framr-1737	307	3	it	it	PRON
framr-1737	307	4	is	be	AUX
framr-1737	307	5	quite	quite	ADV
framr-1737	307	6	likely	likely	ADJ
framr-1737	307	7	that	that	SCONJ
framr-1737	307	8	company	company	NOUN
framr-1737	307	9	managers	manager	NOUN
framr-1737	307	10	,	,	PUNCT
framr-1737	307	11	in	in	ADP
framr-1737	307	12	large	large	ADJ
framr-1737	307	13	companies	company	NOUN
framr-1737	307	14	in	in	ADP
framr-1737	307	15	the	the	DET
framr-1737	307	16	textile	textile	NOUN
framr-1737	307	17	industry	industry	NOUN
framr-1737	307	18	in	in	ADP
framr-1737	307	19	bangladesh	bangladesh	NOUN
framr-1737	307	20	,	,	PUNCT
framr-1737	307	21	are	be	AUX
framr-1737	307	22	influenced	influence	VERB
framr-1737	307	23	by	by	ADP
framr-1737	307	24	the	the	DET
framr-1737	307	25	profitability	profitability	NOUN
framr-1737	307	26	,	,	PUNCT
framr-1737	307	27	liquidity	liquidity	NOUN
framr-1737	307	28	and	and	CCONJ
framr-1737	307	29	size	size	NOUN
framr-1737	307	30	of	of	ADP
framr-1737	307	31	the	the	DET
framr-1737	307	32	company	company	NOUN
framr-1737	307	33	,	,	PUNCT
framr-1737	307	34	in	in	ADP
framr-1737	307	35	deciding	decide	VERB
framr-1737	307	36	how	how	SCONJ
framr-1737	307	37	much	much	ADJ
framr-1737	307	38	to	to	PART
framr-1737	307	39	borrow	borrow	VERB
framr-1737	307	40	and	and	CCONJ
framr-1737	307	41	how	how	SCONJ
framr-1737	307	42	much	much	ADJ
framr-1737	307	43	funding	funding	NOUN
framr-1737	307	44	to	to	PART
framr-1737	307	45	raise	raise	VERB
framr-1737	307	46	by	by	ADP
framr-1737	307	47	selling	selling	NOUN
framr-1737	307	48	of	of	ADP
framr-1737	307	49	shares	share	NOUN
framr-1737	307	50	and	and	CCONJ
framr-1737	307	51	other	other	ADJ
framr-1737	307	52	assets	asset	NOUN
framr-1737	307	53	or	or	CCONJ
framr-1737	307	54	use	use	NOUN
framr-1737	307	55	of	of	ADP
framr-1737	307	56	own	own	ADJ
framr-1737	307	57	assets	asset	NOUN
framr-1737	307	58	and	and	CCONJ
framr-1737	307	59	cash	cash	NOUN
framr-1737	307	60	.	.	PUNCT
framr-1737	308	1	other	other	ADJ
framr-1737	308	2	company	company	NOUN
framr-1737	308	3	managers	manager	NOUN
framr-1737	308	4	can	can	AUX
framr-1737	308	5	consider	consider	VERB
framr-1737	308	6	these	these	DET
framr-1737	308	7	results	result	NOUN
framr-1737	308	8	in	in	ADP
framr-1737	308	9	making	make	VERB
framr-1737	308	10	their	their	PRON
framr-1737	308	11	decisions	decision	NOUN
framr-1737	308	12	on	on	ADP
framr-1737	308	13	these	these	DET
framr-1737	308	14	matters	matter	NOUN
framr-1737	308	15	,	,	PUNCT
framr-1737	308	16	as	as	SCONJ
framr-1737	308	17	can	can	AUX
framr-1737	308	18	banks	bank	NOUN
framr-1737	308	19	considering	consider	VERB
framr-1737	308	20	applications	application	NOUN
framr-1737	308	21	for	for	ADP
framr-1737	308	22	company	company	NOUN
framr-1737	308	23	financing	financing	NOUN
framr-1737	308	24	and	and	CCONJ
framr-1737	308	25	those	those	PRON
framr-1737	308	26	consider	consider	VERB
framr-1737	308	27	purchasing	purchase	VERB
framr-1737	308	28	company	company	NOUN
framr-1737	308	29	bonds	bond	NOUN
framr-1737	308	30	and	and	CCONJ
framr-1737	308	31	debentures	debenture	NOUN
framr-1737	308	32	.	.	PUNCT
framr-1737	309	1	other	other	ADJ
framr-1737	309	2	studies	study	NOUN
framr-1737	309	3	can	can	AUX
framr-1737	309	4	consider	consider	VERB
framr-1737	309	5	other	other	ADJ
framr-1737	309	6	types	type	NOUN
framr-1737	309	7	of	of	ADP
framr-1737	309	8	companies	company	NOUN
framr-1737	309	9	,	,	PUNCT
framr-1737	309	10	or	or	CCONJ
framr-1737	309	11	verify	verify	VERB
framr-1737	309	12	the	the	DET
framr-1737	309	13	results	result	NOUN
framr-1737	309	14	of	of	ADP
framr-1737	309	15	this	this	DET
framr-1737	309	16	study	study	NOUN
framr-1737	309	17	,	,	PUNCT
framr-1737	309	18	as	as	ADV
framr-1737	309	19	well	well	ADV
framr-1737	309	20	as	as	ADP
framr-1737	309	21	conducting	conduct	VERB
framr-1737	309	22	further	further	ADJ
framr-1737	309	23	tests	test	NOUN
framr-1737	309	24	on	on	ADP
framr-1737	309	25	the	the	DET
framr-1737	309	26	variables	variable	NOUN
framr-1737	309	27	not	not	PART
framr-1737	309	28	found	find	VERB
framr-1737	309	29	significant	significant	ADJ
framr-1737	309	30	here	here	ADV
framr-1737	309	31	.	.	PUNCT
framr-1737	310	1	funding	funding	NOUN
framr-1737	310	2	:	:	PUNCT
framr-1737	310	3	this	this	DET
framr-1737	310	4	study	study	NOUN
framr-1737	310	5	received	receive	VERB
framr-1737	310	6	no	no	DET
framr-1737	310	7	specific	specific	ADJ
framr-1737	310	8	financial	financial	ADJ
framr-1737	310	9	support	support	NOUN
framr-1737	310	10	.	.	PUNCT
framr-1737	311	1	competing	compete	VERB
framr-1737	311	2	interests	interest	NOUN
framr-1737	311	3	:	:	PUNCT
framr-1737	311	4	the	the	DET
framr-1737	311	5	authors	author	NOUN
framr-1737	311	6	declare	declare	VERB
framr-1737	311	7	that	that	SCONJ
framr-1737	311	8	they	they	PRON
framr-1737	311	9	have	have	VERB
framr-1737	311	10	no	no	DET
framr-1737	311	11	competing	compete	VERB
framr-1737	311	12	interests	interest	NOUN
framr-1737	311	13	.	.	PUNCT
framr-1737	312	1	acknowledgement	acknowledgement	NOUN
framr-1737	312	2	:	:	PUNCT
framr-1737	312	3	both	both	DET
framr-1737	312	4	authors	author	NOUN
framr-1737	312	5	contributed	contribute	VERB
framr-1737	312	6	equally	equally	ADV
framr-1737	312	7	to	to	ADP
framr-1737	312	8	the	the	DET
framr-1737	312	9	conception	conception	NOUN
framr-1737	312	10	and	and	CCONJ
framr-1737	312	11	design	design	NOUN
framr-1737	312	12	of	of	ADP
framr-1737	312	13	the	the	DET
framr-1737	312	14	study	study	NOUN
framr-1737	312	15	.	.	PUNCT
framr-1737	313	1	financial	financial	ADJ
framr-1737	313	2	risk	risk	NOUN
framr-1737	313	3	and	and	CCONJ
framr-1737	313	4	management	management	NOUN
framr-1737	313	5	reviews	review	NOUN
framr-1737	313	6	,	,	PUNCT
framr-1737	313	7	2020	2020	NUM
framr-1737	313	8	,	,	PUNCT
framr-1737	313	9	6(1	6(1	NUM
framr-1737	313	10	):	):	PUNCT
framr-1737	313	11	40	40	NUM
framr-1737	313	12	-	-	SYM
framr-1737	313	13	51	51	NUM
framr-1737	313	14	50	50	NUM
framr-1737	313	15	©	©	PROPN
framr-1737	313	16	2020	2020	NUM
framr-1737	313	17	conscientia	conscientia	PROPN
framr-1737	313	18	beam	beam	PROPN
framr-1737	313	19	.	.	PUNCT
framr-1737	314	1	all	all	DET
framr-1737	314	2	rights	right	NOUN
framr-1737	314	3	reserved	reserve	VERB
framr-1737	314	4	.	.	PUNCT
framr-1737	315	1	references	reference	NOUN
framr-1737	315	2	abor	abor	PROPN
framr-1737	315	3	,	,	PUNCT
framr-1737	315	4	j.	j.	PROPN
framr-1737	315	5	(	(	PUNCT
framr-1737	315	6	2008	2008	NUM
framr-1737	315	7	)	)	PUNCT
framr-1737	315	8	.	.	PUNCT
framr-1737	316	1	determinants	determinant	NOUN
framr-1737	316	2	of	of	ADP
framr-1737	316	3	the	the	DET
framr-1737	316	4	capital	capital	NOUN
framr-1737	316	5	structure	structure	NOUN
framr-1737	316	6	of	of	ADP
framr-1737	316	7	ghanaian	ghanaian	ADJ
framr-1737	316	8	firms	firm	NOUN
framr-1737	316	9	(	(	PUNCT
framr-1737	316	10	pp	pp	ADJ
framr-1737	316	11	.	.	PUNCT
framr-1737	317	1	1	1	NUM
framr-1737	317	2	-	-	SYM
framr-1737	317	3	34	34	NUM
framr-1737	317	4	)	)	PUNCT
framr-1737	317	5	.	.	PUNCT
framr-1737	318	1	aerc	aerc	PROPN
framr-1737	318	2	research	research	NOUN
framr-1737	318	3	paper	paper	PROPN
framr-1737	318	4	176	176	NUM
framr-1737	318	5	,	,	PUNCT
framr-1737	318	6	african	african	ADJ
framr-1737	318	7	economic	economic	ADJ
framr-1737	318	8	research	research	NOUN
framr-1737	318	9	consortium	consortium	PROPN
framr-1737	318	10	,	,	PUNCT
framr-1737	318	11	nairob	nairob	PROPN
framr-1737	318	12	.	.	PUNCT
framr-1737	319	1	alom	alom	PROPN
framr-1737	319	2	,	,	PUNCT
framr-1737	319	3	k.	k.	PROPN
framr-1737	319	4	(	(	PUNCT
framr-1737	319	5	2013	2013	NUM
framr-1737	319	6	)	)	PUNCT
framr-1737	319	7	.	.	PUNCT
framr-1737	320	1	capital	capital	NOUN
framr-1737	320	2	structure	structure	NOUN
framr-1737	320	3	choice	choice	NOUN
framr-1737	320	4	of	of	ADP
framr-1737	320	5	bangladeshi	bangladeshi	ADJ
framr-1737	320	6	firms	firm	NOUN
framr-1737	320	7	:	:	PUNCT
framr-1737	320	8	an	an	DET
framr-1737	320	9	empirical	empirical	ADJ
framr-1737	320	10	investigation	investigation	NOUN
framr-1737	320	11	.	.	PUNCT
framr-1737	321	1	asian	asian	ADJ
framr-1737	321	2	journal	journal	PROPN
framr-1737	321	3	of	of	ADP
framr-1737	321	4	finance	finance	PROPN
framr-1737	321	5	&	&	CCONJ
framr-1737	321	6	accounting	accounting	PROPN
framr-1737	321	7	,	,	PUNCT
framr-1737	321	8	5(1	5(1	NUM
framr-1737	321	9	)	)	PUNCT
framr-1737	321	10	,	,	PUNCT
framr-1737	321	11	320	320	NUM
framr-1737	321	12	-	-	SYM
framr-1737	321	13	333	333	NUM
framr-1737	321	14	.	.	PUNCT
framr-1737	322	1	baral	baral	ADJ
framr-1737	322	2	,	,	PUNCT
framr-1737	322	3	k.	k.	PROPN
framr-1737	322	4	j.	j.	PROPN
framr-1737	322	5	(	(	PUNCT
framr-1737	322	6	2004	2004	NUM
framr-1737	322	7	)	)	PUNCT
framr-1737	322	8	.	.	PUNCT
framr-1737	323	1	determinants	determinant	NOUN
framr-1737	323	2	of	of	ADP
framr-1737	323	3	capital	capital	NOUN
framr-1737	323	4	structure	structure	NOUN
framr-1737	323	5	:	:	PUNCT
framr-1737	323	6	a	a	DET
framr-1737	323	7	case	case	NOUN
framr-1737	323	8	study	study	NOUN
framr-1737	323	9	of	of	ADP
framr-1737	323	10	listed	list	VERB
framr-1737	323	11	companies	company	NOUN
framr-1737	323	12	of	of	ADP
framr-1737	323	13	nepal	nepal	PROPN
framr-1737	323	14	.	.	PUNCT
framr-1737	324	1	journal	journal	PROPN
framr-1737	324	2	of	of	ADP
framr-1737	324	3	nepalese	nepalese	ADJ
framr-1737	324	4	business	business	NOUN
framr-1737	324	5	studies	study	NOUN
framr-1737	324	6	,	,	PUNCT
framr-1737	324	7	1(1	1(1	NUM
framr-1737	324	8	)	)	PUNCT
framr-1737	324	9	,	,	PUNCT
framr-1737	324	10	1	1	NUM
framr-1737	324	11	-	-	SYM
framr-1737	324	12	13	13	NUM
framr-1737	324	13	.	.	PUNCT
framr-1737	325	1	bevan	bevan	PROPN
framr-1737	325	2	,	,	PUNCT
framr-1737	325	3	a.	a.	NOUN
framr-1737	325	4	a.	a.	PROPN
framr-1737	325	5	,	,	PUNCT
framr-1737	325	6	&	&	CCONJ
framr-1737	325	7	danbolt	danbolt	PROPN
framr-1737	325	8	,	,	PUNCT
framr-1737	325	9	j.	j.	PROPN
framr-1737	325	10	(	(	PUNCT
framr-1737	325	11	2002	2002	NUM
framr-1737	325	12	)	)	PUNCT
framr-1737	325	13	.	.	PUNCT
framr-1737	326	1	capital	capital	NOUN
framr-1737	326	2	structure	structure	NOUN
framr-1737	326	3	and	and	CCONJ
framr-1737	326	4	its	its	PRON
framr-1737	326	5	determinants	determinant	NOUN
framr-1737	326	6	in	in	ADP
framr-1737	326	7	the	the	DET
framr-1737	326	8	uk	uk	PROPN
framr-1737	326	9	-	-	PUNCT
framr-1737	326	10	a	a	DET
framr-1737	326	11	decompositional	decompositional	ADJ
framr-1737	326	12	analysis	analysis	NOUN
framr-1737	326	13	.	.	PUNCT
framr-1737	327	1	applied	apply	VERB
framr-1737	327	2	financial	financial	ADJ
framr-1737	327	3	economics	economic	NOUN
framr-1737	327	4	,	,	PUNCT
framr-1737	327	5	12(3	12(3	NUM
framr-1737	327	6	)	)	PUNCT
framr-1737	327	7	,	,	PUNCT
framr-1737	327	8	159	159	NUM
framr-1737	327	9	-	-	SYM
framr-1737	327	10	170	170	NUM
framr-1737	327	11	.	.	PUNCT
framr-1737	328	1	booth	booth	PROPN
framr-1737	328	2	,	,	PUNCT
framr-1737	328	3	l.	l.	PROPN
framr-1737	328	4	,	,	PUNCT
framr-1737	328	5	aivazian	aivazian	PROPN
framr-1737	328	6	,	,	PUNCT
framr-1737	328	7	v.	v.	PROPN
framr-1737	328	8	,	,	PUNCT
framr-1737	328	9	demirguc	demirguc	PROPN
framr-1737	328	10	-	-	PUNCT
framr-1737	328	11	kunt	kunt	PROPN
framr-1737	328	12	,	,	PUNCT
framr-1737	328	13	a.	a.	NOUN
framr-1737	328	14	,	,	PUNCT
framr-1737	328	15	&	&	CCONJ
framr-1737	328	16	maksimovic	maksimovic	PROPN
framr-1737	328	17	,	,	PUNCT
framr-1737	328	18	v.	v.	PROPN
framr-1737	328	19	(	(	PUNCT
framr-1737	328	20	2001	2001	NUM
framr-1737	328	21	)	)	PUNCT
framr-1737	328	22	.	.	PUNCT
framr-1737	329	1	capital	capital	NOUN
framr-1737	329	2	structures	structure	NOUN
framr-1737	329	3	in	in	ADP
framr-1737	329	4	developing	develop	VERB
framr-1737	329	5	countries	country	NOUN
framr-1737	329	6	.	.	PUNCT
framr-1737	330	1	the	the	DET
framr-1737	330	2	journal	journal	PROPN
framr-1737	330	3	of	of	ADP
framr-1737	330	4	finance	finance	NOUN
framr-1737	330	5	,	,	PUNCT
framr-1737	330	6	56(1	56(1	NUM
framr-1737	330	7	)	)	PUNCT
framr-1737	330	8	,	,	PUNCT
framr-1737	330	9	87	87	NUM
framr-1737	330	10	-	-	SYM
framr-1737	330	11	130	130	NUM
framr-1737	330	12	.	.	PUNCT
framr-1737	330	13	buferna	buferna	PROPN
framr-1737	330	14	,	,	PUNCT
framr-1737	330	15	f.	f.	PROPN
framr-1737	330	16	m.	m.	PROPN
framr-1737	330	17	,	,	PUNCT
framr-1737	330	18	bangassa	bangassa	NOUN
framr-1737	330	19	,	,	PUNCT
framr-1737	330	20	k.	k.	PROPN
framr-1737	330	21	,	,	PUNCT
framr-1737	330	22	&	&	CCONJ
framr-1737	330	23	hodgkinson	hodgkinson	PROPN
framr-1737	330	24	,	,	PUNCT
framr-1737	330	25	l.	l.	PROPN
framr-1737	330	26	(	(	PUNCT
framr-1737	330	27	2005	2005	NUM
framr-1737	330	28	)	)	PUNCT
framr-1737	330	29	.	.	PUNCT
framr-1737	331	1	determinants	determinant	NOUN
framr-1737	331	2	of	of	ADP
framr-1737	331	3	capital	capital	NOUN
framr-1737	331	4	structure	structure	NOUN
framr-1737	331	5	:	:	PUNCT
framr-1737	331	6	evidence	evidence	NOUN
framr-1737	331	7	from	from	ADP
framr-1737	331	8	libya	libya	PROPN
framr-1737	331	9	,	,	PUNCT
framr-1737	331	10	2005(08	2005(08	NUM
framr-1737	331	11	)	)	PUNCT
framr-1737	331	12	(	(	PUNCT
framr-1737	331	13	vol	vol	NOUN
framr-1737	331	14	.	.	PUNCT
framr-1737	332	1	8)	8)	NUM
framr-1737	332	2	.	.	PUNCT
framr-1737	333	1	great	great	ADJ
framr-1737	333	2	bitain	bitain	NOUN
framr-1737	333	3	:	:	PUNCT
framr-1737	333	4	university	university	NOUN
framr-1737	333	5	of	of	ADP
framr-1737	333	6	liverpool	liverpool	PROPN
framr-1737	333	7	.	.	PUNCT
framr-1737	334	1	chowdhury	chowdhury	PROPN
framr-1737	334	2	,	,	PUNCT
framr-1737	334	3	m.	m.	NOUN
framr-1737	334	4	(	(	PUNCT
framr-1737	334	5	2004	2004	NUM
framr-1737	334	6	)	)	PUNCT
framr-1737	334	7	.	.	PUNCT
framr-1737	335	1	capital	capital	NOUN
framr-1737	335	2	structure	structure	NOUN
framr-1737	335	3	determinants	determinant	NOUN
framr-1737	335	4	:	:	PUNCT
framr-1737	335	5	evidence	evidence	NOUN
framr-1737	335	6	from	from	ADP
framr-1737	335	7	japan	japan	PROPN
framr-1737	335	8	&	&	CCONJ
framr-1737	335	9	bangladesh	bangladesh	PROPN
framr-1737	335	10	.	.	PUNCT
framr-1737	336	1	journal	journal	PROPN
framr-1737	336	2	of	of	ADP
framr-1737	336	3	business	business	NOUN
framr-1737	336	4	studies	study	NOUN
framr-1737	336	5	,	,	PUNCT
framr-1737	336	6	25(1	25(1	NUM
framr-1737	336	7	)	)	PUNCT
framr-1737	336	8	,	,	PUNCT
framr-1737	336	9	2345	2345	NUM
framr-1737	336	10	.	.	PUNCT
framr-1737	337	1	durand	durand	PROPN
framr-1737	337	2	,	,	PUNCT
framr-1737	337	3	d.	d.	PROPN
framr-1737	337	4	(	(	PUNCT
framr-1737	337	5	1952	1952	NUM
framr-1737	337	6	)	)	PUNCT
framr-1737	337	7	.	.	PUNCT
framr-1737	338	1	costs	cost	NOUN
framr-1737	338	2	of	of	ADP
framr-1737	338	3	debt	debt	NOUN
framr-1737	338	4	and	and	CCONJ
framr-1737	338	5	equity	equity	NOUN
framr-1737	338	6	funds	fund	NOUN
framr-1737	338	7	for	for	ADP
framr-1737	338	8	business	business	NOUN
framr-1737	338	9	:	:	PUNCT
framr-1737	338	10	trends	trend	NOUN
framr-1737	338	11	and	and	CCONJ
framr-1737	338	12	problems	problem	NOUN
framr-1737	338	13	of	of	ADP
framr-1737	338	14	measurement	measurement	NOUN
framr-1737	338	15	.	.	PUNCT
framr-1737	339	1	paper	paper	NOUN
framr-1737	339	2	presented	present	VERB
framr-1737	339	3	at	at	ADP
framr-1737	339	4	the	the	DET
framr-1737	339	5	in	in	ADP
framr-1737	339	6	conference	conference	NOUN
framr-1737	339	7	on	on	ADP
framr-1737	339	8	research	research	NOUN
framr-1737	339	9	in	in	ADP
framr-1737	339	10	business	business	NOUN
framr-1737	339	11	finance	finance	NOUN
framr-1737	339	12	.	.	PUNCT
framr-1737	340	1	nber	nber	PROPN
framr-1737	340	2	.	.	PUNCT
framr-1737	341	1	fama	fama	PROPN
framr-1737	341	2	,	,	PUNCT
framr-1737	341	3	e.	e.	PROPN
framr-1737	341	4	f.	f.	PROPN
framr-1737	341	5	,	,	PUNCT
framr-1737	341	6	&	&	CCONJ
framr-1737	341	7	french	french	PROPN
framr-1737	341	8	,	,	PUNCT
framr-1737	341	9	k.	k.	PROPN
framr-1737	341	10	r.	r.	PROPN
framr-1737	341	11	(	(	PUNCT
framr-1737	341	12	2002	2002	NUM
framr-1737	341	13	)	)	PUNCT
framr-1737	341	14	.	.	PUNCT
framr-1737	342	1	testing	test	VERB
framr-1737	342	2	trade	trade	NOUN
framr-1737	342	3	-	-	PUNCT
framr-1737	342	4	off	off	NOUN
framr-1737	342	5	and	and	CCONJ
framr-1737	342	6	pecking	pecking	NOUN
framr-1737	342	7	order	order	NOUN
framr-1737	342	8	predictions	prediction	NOUN
framr-1737	342	9	about	about	ADP
framr-1737	342	10	dividends	dividend	NOUN
framr-1737	342	11	and	and	CCONJ
framr-1737	342	12	debt	debt	NOUN
framr-1737	342	13	.	.	PUNCT
framr-1737	343	1	the	the	DET
framr-1737	343	2	review	review	NOUN
framr-1737	343	3	of	of	ADP
framr-1737	343	4	financial	financial	ADJ
framr-1737	343	5	studies	study	NOUN
framr-1737	343	6	,	,	PUNCT
framr-1737	343	7	15(1	15(1	NUM
framr-1737	343	8	)	)	PUNCT
framr-1737	343	9	,	,	PUNCT
framr-1737	343	10	1	1	NUM
framr-1737	343	11	-	-	SYM
framr-1737	343	12	33	33	NUM
framr-1737	343	13	.	.	PUNCT
framr-1737	344	1	green	green	PROPN
framr-1737	344	2	,	,	PUNCT
framr-1737	344	3	c.	c.	PROPN
framr-1737	344	4	j.	j.	PROPN
framr-1737	344	5	,	,	PUNCT
framr-1737	344	6	murinde	murinde	NOUN
framr-1737	344	7	,	,	PUNCT
framr-1737	344	8	v.	v.	PROPN
framr-1737	344	9	,	,	PUNCT
framr-1737	344	10	&	&	CCONJ
framr-1737	344	11	suppakitjarak	suppakitjarak	PROPN
framr-1737	344	12	,	,	PUNCT
framr-1737	344	13	j.	j.	PROPN
framr-1737	344	14	(	(	PUNCT
framr-1737	344	15	2002	2002	NUM
framr-1737	344	16	)	)	PUNCT
framr-1737	344	17	.	.	PUNCT
framr-1737	345	1	corporate	corporate	ADJ
framr-1737	345	2	financial	financial	ADJ
framr-1737	345	3	structures	structure	NOUN
framr-1737	345	4	in	in	ADP
framr-1737	345	5	india	india	PROPN
framr-1737	345	6	.	.	PUNCT
framr-1737	346	1	mj	mj	PROPN
framr-1737	346	2	alderson	alderson	PROPN
framr-1737	346	3	,	,	PUNCT
framr-1737	346	4	bl	bl	PROPN
framr-1737	346	5	betker	betker	NOUN
framr-1737	346	6	/	/	SYM
framr-1737	346	7	journal	journal	PROPN
framr-1737	346	8	of	of	ADP
framr-1737	346	9	financial	financial	ADJ
framr-1737	346	10	economics	economic	NOUN
framr-1737	346	11	,	,	PUNCT
framr-1737	346	12	39(45	39(45	NUM
framr-1737	346	13	)	)	PUNCT
framr-1737	346	14	,	,	PUNCT
framr-1737	346	15	69:.69	69:.69	X
framr-1737	346	16	.	.	PUNCT
framr-1737	346	17	hall	hall	PROPN
framr-1737	346	18	,	,	PUNCT
framr-1737	346	19	g.	g.	PROPN
framr-1737	346	20	c.	c.	PROPN
framr-1737	346	21	,	,	PUNCT
framr-1737	346	22	hutchinson	hutchinson	PROPN
framr-1737	346	23	,	,	PUNCT
framr-1737	346	24	p.	p.	PROPN
framr-1737	346	25	j.	j.	PROPN
framr-1737	346	26	,	,	PUNCT
framr-1737	346	27	&	&	CCONJ
framr-1737	346	28	michaelas	michaelas	PROPN
framr-1737	346	29	,	,	PUNCT
framr-1737	346	30	n.	n.	PROPN
framr-1737	346	31	(	(	PUNCT
framr-1737	346	32	2004	2004	NUM
framr-1737	346	33	)	)	PUNCT
framr-1737	346	34	.	.	PUNCT
framr-1737	347	1	determinants	determinant	NOUN
framr-1737	347	2	of	of	ADP
framr-1737	347	3	the	the	DET
framr-1737	347	4	capital	capital	NOUN
framr-1737	347	5	structures	structure	NOUN
framr-1737	347	6	of	of	ADP
framr-1737	347	7	european	european	ADJ
framr-1737	347	8	smes	sme	NOUN
framr-1737	347	9	.	.	PUNCT
framr-1737	348	1	journal	journal	PROPN
framr-1737	348	2	of	of	ADP
framr-1737	348	3	business	business	NOUN
framr-1737	348	4	finance	finance	PROPN
framr-1737	348	5	&	&	CCONJ
framr-1737	348	6	accounting	accounting	PROPN
framr-1737	348	7	,	,	PUNCT
framr-1737	348	8	31(5‐6	31(5‐6	NUM
framr-1737	348	9	)	)	PUNCT
framr-1737	348	10	,	,	PUNCT
framr-1737	348	11	711	711	NUM
framr-1737	348	12	-	-	SYM
framr-1737	348	13	728	728	NUM
framr-1737	348	14	.	.	PUNCT
framr-1737	349	1	harris	harris	PROPN
framr-1737	349	2	,	,	PUNCT
framr-1737	349	3	m.	m.	NOUN
framr-1737	349	4	,	,	PUNCT
framr-1737	349	5	&	&	CCONJ
framr-1737	349	6	raviv	raviv	PROPN
framr-1737	349	7	,	,	PUNCT
framr-1737	349	8	a.	a.	NOUN
framr-1737	349	9	(	(	PUNCT
framr-1737	349	10	1991	1991	NUM
framr-1737	349	11	)	)	PUNCT
framr-1737	349	12	.	.	PUNCT
framr-1737	350	1	the	the	DET
framr-1737	350	2	theory	theory	NOUN
framr-1737	350	3	of	of	ADP
framr-1737	350	4	capital	capital	NOUN
framr-1737	350	5	structure	structure	NOUN
framr-1737	350	6	.	.	PUNCT
framr-1737	351	1	the	the	DET
framr-1737	351	2	journal	journal	PROPN
framr-1737	351	3	of	of	ADP
framr-1737	351	4	finance	finance	NOUN
framr-1737	351	5	,	,	PUNCT
framr-1737	351	6	46(1	46(1	PROPN
framr-1737	351	7	)	)	PUNCT
framr-1737	351	8	,	,	PUNCT
framr-1737	351	9	297	297	NUM
framr-1737	351	10	-	-	SYM
framr-1737	351	11	355	355	NUM
framr-1737	351	12	.	.	PUNCT
framr-1737	352	1	hossain	hossain	PROPN
framr-1737	352	2	,	,	PUNCT
framr-1737	352	3	f.	f.	PROPN
framr-1737	352	4	,	,	PUNCT
framr-1737	352	5	&	&	CCONJ
framr-1737	352	6	ali	ali	PROPN
framr-1737	352	7	,	,	PUNCT
framr-1737	352	8	a.	a.	PROPN
framr-1737	352	9	(	(	PUNCT
framr-1737	352	10	2012	2012	NUM
framr-1737	352	11	)	)	PUNCT
framr-1737	352	12	.	.	PUNCT
framr-1737	353	1	impact	impact	NOUN
framr-1737	353	2	of	of	ADP
framr-1737	353	3	firm	firm	ADJ
framr-1737	353	4	specific	specific	ADJ
framr-1737	353	5	factors	factor	NOUN
framr-1737	353	6	on	on	ADP
framr-1737	353	7	capital	capital	NOUN
framr-1737	353	8	structure	structure	NOUN
framr-1737	353	9	decision	decision	NOUN
framr-1737	353	10	:	:	PUNCT
framr-1737	353	11	an	an	DET
framr-1737	353	12	empirical	empirical	ADJ
framr-1737	353	13	study	study	NOUN
framr-1737	353	14	of	of	ADP
framr-1737	353	15	bangladeshi	bangladeshi	ADJ
framr-1737	353	16	companies	company	NOUN
framr-1737	353	17	.	.	PUNCT
framr-1737	354	1	international	international	ADJ
framr-1737	354	2	journal	journal	PROPN
framr-1737	354	3	of	of	ADP
framr-1737	354	4	business	business	NOUN
framr-1737	354	5	research	research	NOUN
framr-1737	354	6	and	and	CCONJ
framr-1737	354	7	management	management	NOUN
framr-1737	354	8	,	,	PUNCT
framr-1737	354	9	3(4	3(4	NUM
framr-1737	354	10	)	)	PUNCT
framr-1737	354	11	,	,	PUNCT
framr-1737	354	12	163	163	NUM
framr-1737	354	13	-	-	SYM
framr-1737	354	14	182	182	NUM
framr-1737	354	15	.	.	PUNCT
framr-1737	355	1	hossain	hossain	PROPN
framr-1737	355	2	.	.	PROPN
framr-1737	355	3	,	,	PUNCT
framr-1737	355	4	i.	i.	PROPN
framr-1737	355	5	,	,	PUNCT
framr-1737	355	6	&	&	CCONJ
framr-1737	355	7	hossain	hossain	PROPN
framr-1737	355	8	,	,	PUNCT
framr-1737	355	9	m.	m.	NOUN
framr-1737	355	10	a.	a.	PROPN
framr-1737	355	11	(	(	PUNCT
framr-1737	355	12	2015	2015	NUM
framr-1737	355	13	)	)	PUNCT
framr-1737	355	14	.	.	PUNCT
framr-1737	356	1	determinants	determinant	NOUN
framr-1737	356	2	of	of	ADP
framr-1737	356	3	capital	capital	NOUN
framr-1737	356	4	structure	structure	NOUN
framr-1737	356	5	and	and	CCONJ
framr-1737	356	6	testing	testing	NOUN
framr-1737	356	7	of	of	ADP
framr-1737	356	8	theories	theory	NOUN
framr-1737	356	9	:	:	PUNCT
framr-1737	356	10	a	a	DET
framr-1737	356	11	study	study	NOUN
framr-1737	356	12	on	on	ADP
framr-1737	356	13	the	the	DET
framr-1737	356	14	listed	list	VERB
framr-1737	356	15	manufacturing	manufacturing	NOUN
framr-1737	356	16	companies	company	NOUN
framr-1737	356	17	in	in	ADP
framr-1737	356	18	bangladesh	bangladesh	PROPN
framr-1737	356	19	.	.	PUNCT
framr-1737	357	1	international	international	ADJ
framr-1737	357	2	journal	journal	PROPN
framr-1737	357	3	of	of	ADP
framr-1737	357	4	economics	economic	NOUN
framr-1737	357	5	and	and	CCONJ
framr-1737	357	6	finance	finance	NOUN
framr-1737	357	7	,	,	PUNCT
framr-1737	357	8	7(4	7(4	NUM
framr-1737	357	9	)	)	PUNCT
framr-1737	357	10	,	,	PUNCT
framr-1737	357	11	176	176	NUM
framr-1737	357	12	-	-	SYM
framr-1737	357	13	190	190	NUM
framr-1737	357	14	.	.	PUNCT
framr-1737	358	1	imtiaz	imtiaz	PROPN
framr-1737	358	2	,	,	PUNCT
framr-1737	358	3	f.	f.	PROPN
framr-1737	358	4	,	,	PUNCT
framr-1737	358	5	mahmud	mahmud	PROPN
framr-1737	358	6	,	,	PUNCT
framr-1737	358	7	k.	k.	PROPN
framr-1737	358	8	,	,	PUNCT
framr-1737	358	9	&	&	CCONJ
framr-1737	358	10	mallik	mallik	PROPN
framr-1737	358	11	,	,	PUNCT
framr-1737	358	12	a.	a.	NOUN
framr-1737	358	13	(	(	PUNCT
framr-1737	358	14	2016	2016	NUM
framr-1737	358	15	)	)	PUNCT
framr-1737	358	16	.	.	PUNCT
framr-1737	359	1	determinants	determinant	NOUN
framr-1737	359	2	of	of	ADP
framr-1737	359	3	capital	capital	NOUN
framr-1737	359	4	structure	structure	NOUN
framr-1737	359	5	and	and	CCONJ
framr-1737	359	6	testing	testing	NOUN
framr-1737	359	7	of	of	ADP
framr-1737	359	8	applicable	applicable	ADJ
framr-1737	359	9	theories	theory	NOUN
framr-1737	359	10	:	:	PUNCT
framr-1737	359	11	evidence	evidence	NOUN
framr-1737	359	12	from	from	ADP
framr-1737	359	13	pharmaceutical	pharmaceutical	ADJ
framr-1737	359	14	firms	firm	NOUN
framr-1737	359	15	of	of	ADP
framr-1737	359	16	bangladesh	bangladesh	PROPN
framr-1737	359	17	.	.	PUNCT
framr-1737	360	1	international	international	ADJ
framr-1737	360	2	journal	journal	PROPN
framr-1737	360	3	of	of	ADP
framr-1737	360	4	economics	economic	NOUN
framr-1737	360	5	and	and	CCONJ
framr-1737	360	6	finance	finance	NOUN
framr-1737	360	7	,	,	PUNCT
framr-1737	360	8	8(3	8(3	NUM
framr-1737	360	9	)	)	PUNCT
framr-1737	360	10	,	,	PUNCT
framr-1737	360	11	23	23	NUM
framr-1737	360	12	-	-	SYM
framr-1737	360	13	32	32	NUM
framr-1737	360	14	.	.	PUNCT
framr-1737	361	1	jahan	jahan	PROPN
framr-1737	361	2	,	,	PUNCT
framr-1737	361	3	n.	n.	PROPN
framr-1737	361	4	(	(	PUNCT
framr-1737	361	5	2014	2014	NUM
framr-1737	361	6	)	)	PUNCT
framr-1737	361	7	.	.	PUNCT
framr-1737	362	1	determinants	determinant	NOUN
framr-1737	362	2	of	of	ADP
framr-1737	362	3	capital	capital	NOUN
framr-1737	362	4	structure	structure	NOUN
framr-1737	362	5	of	of	ADP
framr-1737	362	6	listed	list	VERB
framr-1737	362	7	textile	textile	NOUN
framr-1737	362	8	enterprises	enterprise	NOUN
framr-1737	362	9	in	in	ADP
framr-1737	362	10	bangladesh	bangladesh	PROPN
framr-1737	362	11	.	.	PUNCT
framr-1737	363	1	research	research	NOUN
framr-1737	363	2	journal	journal	PROPN
framr-1737	363	3	of	of	ADP
framr-1737	363	4	finance	finance	NOUN
framr-1737	363	5	and	and	CCONJ
framr-1737	363	6	accounting	accounting	NOUN
framr-1737	363	7	,	,	PUNCT
framr-1737	363	8	5(20	5(20	NUM
framr-1737	363	9	)	)	PUNCT
framr-1737	363	10	,	,	PUNCT
framr-1737	363	11	11	11	NUM
framr-1737	363	12	-	-	SYM
framr-1737	363	13	20	20	NUM
framr-1737	363	14	.	.	PUNCT
framr-1737	364	1	janbaz	janbaz	PROPN
framr-1737	364	2	,	,	PUNCT
framr-1737	364	3	m.	m.	NOUN
framr-1737	364	4	(	(	PUNCT
framr-1737	364	5	2010	2010	NUM
framr-1737	364	6	)	)	PUNCT
framr-1737	364	7	.	.	PUNCT
framr-1737	365	1	capital	capital	NOUN
framr-1737	365	2	structure	structure	NOUN
framr-1737	365	3	decisions	decision	NOUN
framr-1737	365	4	in	in	ADP
framr-1737	365	5	the	the	DET
framr-1737	365	6	iranian	iranian	ADJ
framr-1737	365	7	corporate	corporate	ADJ
framr-1737	365	8	sector	sector	NOUN
framr-1737	365	9	.	.	PUNCT
framr-1737	366	1	international	international	ADJ
framr-1737	366	2	research	research	PROPN
framr-1737	366	3	journal	journal	NOUN
framr-1737	366	4	of	of	ADP
framr-1737	366	5	finance	finance	NOUN
framr-1737	366	6	and	and	CCONJ
framr-1737	366	7	economics	economic	NOUN
framr-1737	366	8	,	,	PUNCT
framr-1737	366	9	58(1	58(1	NUM
framr-1737	366	10	)	)	PUNCT
framr-1737	366	11	,	,	PUNCT
framr-1737	366	12	24	24	NUM
framr-1737	366	13	-	-	SYM
framr-1737	366	14	31	31	NUM
framr-1737	366	15	.	.	PUNCT
framr-1737	367	1	jensen	jensen	PROPN
framr-1737	367	2	,	,	PUNCT
framr-1737	367	3	m.	m.	PROPN
framr-1737	367	4	c.	c.	PROPN
framr-1737	367	5	,	,	PUNCT
framr-1737	367	6	&	&	CCONJ
framr-1737	367	7	meckling	meckling	PROPN
framr-1737	367	8	,	,	PUNCT
framr-1737	367	9	w.	w.	PROPN
framr-1737	367	10	h.	h.	PROPN
framr-1737	367	11	(	(	PUNCT
framr-1737	367	12	1976	1976	NUM
framr-1737	367	13	)	)	PUNCT
framr-1737	367	14	.	.	PUNCT
framr-1737	368	1	theory	theory	NOUN
framr-1737	368	2	of	of	ADP
framr-1737	368	3	the	the	DET
framr-1737	368	4	firm	firm	NOUN
framr-1737	368	5	:	:	PUNCT
framr-1737	368	6	managerial	managerial	ADJ
framr-1737	368	7	behavior	behavior	NOUN
framr-1737	368	8	,	,	PUNCT
framr-1737	368	9	agency	agency	NOUN
framr-1737	368	10	costs	cost	NOUN
framr-1737	368	11	and	and	CCONJ
framr-1737	368	12	ownership	ownership	NOUN
framr-1737	368	13	structure	structure	NOUN
framr-1737	368	14	.	.	PUNCT
framr-1737	369	1	journal	journal	NOUN
framr-1737	369	2	of	of	ADP
framr-1737	369	3	financial	financial	ADJ
framr-1737	369	4	economics	economic	NOUN
framr-1737	369	5	,	,	PUNCT
framr-1737	369	6	3(4	3(4	NUM
framr-1737	369	7	)	)	PUNCT
framr-1737	369	8	,	,	PUNCT
framr-1737	369	9	305	305	NUM
framr-1737	369	10	-	-	SYM
framr-1737	369	11	360	360	NUM
framr-1737	369	12	.	.	PUNCT
framr-1737	370	1	kraus	kraus	PROPN
framr-1737	370	2	,	,	PUNCT
framr-1737	370	3	a.	a.	PROPN
framr-1737	370	4	,	,	PUNCT
framr-1737	370	5	&	&	CCONJ
framr-1737	370	6	litzenberger	litzenberger	PROPN
framr-1737	370	7	,	,	PUNCT
framr-1737	370	8	r.	r.	PROPN
framr-1737	370	9	h.	h.	PROPN
framr-1737	370	10	(	(	PUNCT
framr-1737	370	11	1973	1973	NUM
framr-1737	370	12	)	)	PUNCT
framr-1737	370	13	.	.	PUNCT
framr-1737	371	1	a	a	DET
framr-1737	371	2	state	state	NOUN
framr-1737	371	3	-	-	PUNCT
framr-1737	371	4	preference	preference	NOUN
framr-1737	371	5	model	model	NOUN
framr-1737	371	6	of	of	ADP
framr-1737	371	7	optimal	optimal	ADJ
framr-1737	371	8	financial	financial	ADJ
framr-1737	371	9	leverage	leverage	NOUN
framr-1737	371	10	.	.	PUNCT
framr-1737	372	1	the	the	DET
framr-1737	372	2	journal	journal	PROPN
framr-1737	372	3	of	of	ADP
framr-1737	372	4	finance	finance	NOUN
framr-1737	372	5	,	,	PUNCT
framr-1737	372	6	28(4	28(4	NUM
framr-1737	372	7	)	)	PUNCT
framr-1737	372	8	,	,	PUNCT
framr-1737	372	9	911	911	NUM
framr-1737	372	10	-	-	SYM
framr-1737	372	11	922	922	NUM
framr-1737	372	12	.	.	PUNCT
framr-1737	372	13	available	available	ADJ
framr-1737	372	14	at	at	ADP
framr-1737	372	15	:	:	PUNCT
framr-1737	372	16	https://doi.org/10.1111/j.1540-6261.1973.tb01415.x	https://doi.org/10.1111/j.1540-6261.1973.tb01415.x	PROPN
framr-1737	372	17	.	.	PUNCT
framr-1737	372	18	lima	lima	PROPN
framr-1737	372	19	,	,	PUNCT
framr-1737	372	20	m.	m.	NOUN
framr-1737	372	21	(	(	PUNCT
framr-1737	372	22	2009	2009	NUM
framr-1737	372	23	)	)	PUNCT
framr-1737	372	24	.	.	PUNCT
framr-1737	373	1	an	an	DET
framr-1737	373	2	insight	insight	NOUN
framr-1737	373	3	into	into	ADP
framr-1737	373	4	the	the	DET
framr-1737	373	5	capital	capital	NOUN
framr-1737	373	6	structure	structure	NOUN
framr-1737	373	7	determinants	determinant	NOUN
framr-1737	373	8	of	of	ADP
framr-1737	373	9	the	the	DET
framr-1737	373	10	pharmaceutical	pharmaceutical	ADJ
framr-1737	373	11	companies	company	NOUN
framr-1737	373	12	in	in	ADP
framr-1737	373	13	bangladesh	bangladesh	PROPN
framr-1737	373	14	.	.	PUNCT
framr-1737	374	1	paper	paper	NOUN
framr-1737	374	2	presented	present	VERB
framr-1737	374	3	at	at	ADP
framr-1737	374	4	the	the	PRON
framr-1737	374	5	in	in	ADP
framr-1737	374	6	gbmf	gbmf	PROPN
framr-1737	374	7	conference	conference	NOUN
framr-1737	374	8	.	.	PUNCT
framr-1737	375	1	long	long	ADV
framr-1737	375	2	,	,	PUNCT
framr-1737	375	3	m.	m.	NOUN
framr-1737	375	4	,	,	PUNCT
framr-1737	375	5	&	&	CCONJ
framr-1737	375	6	malitz	malitz	PROPN
framr-1737	375	7	,	,	PUNCT
framr-1737	375	8	i.	i.	PROPN
framr-1737	375	9	(	(	PUNCT
framr-1737	375	10	1985	1985	NUM
framr-1737	375	11	)	)	PUNCT
framr-1737	375	12	.	.	PUNCT
framr-1737	376	1	the	the	DET
framr-1737	376	2	investment	investment	NOUN
framr-1737	376	3	-	-	PUNCT
framr-1737	376	4	financing	financing	NOUN
framr-1737	376	5	nexus	nexus	NOUN
framr-1737	376	6	:	:	PUNCT
framr-1737	376	7	some	some	DET
framr-1737	376	8	empirical	empirical	ADJ
framr-1737	376	9	evidence	evidence	NOUN
framr-1737	376	10	.	.	PUNCT
framr-1737	377	1	midland	midland	PROPN
framr-1737	377	2	corporate	corporate	ADJ
framr-1737	377	3	finance	finance	NOUN
framr-1737	377	4	journal	journal	NOUN
framr-1737	377	5	,	,	PUNCT
framr-1737	377	6	3(3	3(3	NUM
framr-1737	377	7	)	)	PUNCT
framr-1737	377	8	,	,	PUNCT
framr-1737	377	9	53	53	NUM
framr-1737	377	10	-	-	SYM
framr-1737	377	11	59	59	NUM
framr-1737	377	12	.	.	PUNCT
framr-1737	378	1	lópez	lópez	NOUN
framr-1737	378	2	-	-	PUNCT
framr-1737	378	3	gracia	gracia	PROPN
framr-1737	378	4	,	,	PUNCT
framr-1737	378	5	j.	j.	PROPN
framr-1737	378	6	,	,	PUNCT
framr-1737	378	7	&	&	CCONJ
framr-1737	378	8	sogorb	sogorb	NOUN
framr-1737	378	9	-	-	PUNCT
framr-1737	378	10	mira	mira	PROPN
framr-1737	378	11	,	,	PUNCT
framr-1737	378	12	f.	f.	PROPN
framr-1737	378	13	(	(	PUNCT
framr-1737	378	14	2008	2008	NUM
framr-1737	378	15	)	)	PUNCT
framr-1737	378	16	.	.	PUNCT
framr-1737	379	1	testing	test	VERB
framr-1737	379	2	trade	trade	NOUN
framr-1737	379	3	-	-	PUNCT
framr-1737	379	4	off	off	NOUN
framr-1737	379	5	and	and	CCONJ
framr-1737	379	6	pecking	pecking	NOUN
framr-1737	379	7	order	order	NOUN
framr-1737	379	8	theories	theorie	VERB
framr-1737	379	9	financing	finance	VERB
framr-1737	379	10	smes	sme	NOUN
framr-1737	379	11	.	.	PUNCT
framr-1737	380	1	small	small	ADJ
framr-1737	380	2	business	business	NOUN
framr-1737	380	3	economics	economic	NOUN
framr-1737	380	4	,	,	PUNCT
framr-1737	380	5	31(2	31(2	NUM
framr-1737	380	6	)	)	PUNCT
framr-1737	380	7	,	,	PUNCT
framr-1737	380	8	117	117	NUM
framr-1737	380	9	-	-	SYM
framr-1737	380	10	136	136	NUM
framr-1737	380	11	.	.	PUNCT
framr-1737	381	1	financial	financial	ADJ
framr-1737	381	2	risk	risk	NOUN
framr-1737	381	3	and	and	CCONJ
framr-1737	381	4	management	management	NOUN
framr-1737	381	5	reviews	review	NOUN
framr-1737	381	6	,	,	PUNCT
framr-1737	381	7	2020	2020	NUM
framr-1737	381	8	,	,	PUNCT
framr-1737	381	9	6(1	6(1	NUM
framr-1737	381	10	):	):	PUNCT
framr-1737	381	11	40	40	NUM
framr-1737	381	12	-	-	SYM
framr-1737	381	13	51	51	NUM
framr-1737	381	14	51	51	NUM
framr-1737	381	15	©	©	PROPN
framr-1737	381	16	2020	2020	NUM
framr-1737	381	17	conscientia	conscientia	PROPN
framr-1737	381	18	beam	beam	PROPN
framr-1737	381	19	.	.	PUNCT
framr-1737	382	1	all	all	DET
framr-1737	382	2	rights	right	NOUN
framr-1737	382	3	reserved	reserve	VERB
framr-1737	382	4	.	.	PUNCT
framr-1737	383	1	mazhar	mazhar	PROPN
framr-1737	383	2	,	,	PUNCT
framr-1737	383	3	a.	a.	PROPN
framr-1737	383	4	,	,	PUNCT
framr-1737	383	5	&	&	CCONJ
framr-1737	383	6	nasr	nasr	PROPN
framr-1737	383	7	,	,	PUNCT
framr-1737	383	8	m.	m.	NOUN
framr-1737	383	9	(	(	PUNCT
framr-1737	383	10	2010	2010	NUM
framr-1737	383	11	)	)	PUNCT
framr-1737	383	12	.	.	PUNCT
framr-1737	384	1	determinants	determinant	NOUN
framr-1737	384	2	of	of	ADP
framr-1737	384	3	capital	capital	NOUN
framr-1737	384	4	structure	structure	NOUN
framr-1737	384	5	decisions	decision	NOUN
framr-1737	384	6	case	case	NOUN
framr-1737	384	7	of	of	ADP
framr-1737	384	8	pakistani	pakistani	ADJ
framr-1737	384	9	government	government	NOUN
framr-1737	384	10	owned	own	VERB
framr-1737	384	11	and	and	CCONJ
framr-1737	384	12	private	private	ADJ
framr-1737	384	13	firms	firm	NOUN
framr-1737	384	14	.	.	PUNCT
framr-1737	385	1	international	international	ADJ
framr-1737	385	2	review	review	NOUN
framr-1737	385	3	of	of	ADP
framr-1737	385	4	business	business	NOUN
framr-1737	385	5	research	research	NOUN
framr-1737	385	6	papers	paper	NOUN
framr-1737	385	7	,	,	PUNCT
framr-1737	385	8	6(1	6(1	NUM
framr-1737	385	9	)	)	PUNCT
framr-1737	385	10	,	,	PUNCT
framr-1737	385	11	40	40	NUM
framr-1737	385	12	-	-	SYM
framr-1737	385	13	46	46	NUM
framr-1737	385	14	.	.	PUNCT
framr-1737	386	1	modigliani	modigliani	PROPN
framr-1737	386	2	,	,	PUNCT
framr-1737	386	3	f.	f.	PROPN
framr-1737	386	4	,	,	PUNCT
framr-1737	386	5	&	&	CCONJ
framr-1737	386	6	miller	miller	PROPN
framr-1737	386	7	,	,	PUNCT
framr-1737	386	8	m.	m.	NOUN
framr-1737	386	9	h.	h.	PROPN
framr-1737	386	10	(	(	PUNCT
framr-1737	386	11	1958	1958	NUM
framr-1737	386	12	)	)	PUNCT
framr-1737	386	13	.	.	PUNCT
framr-1737	387	1	the	the	DET
framr-1737	387	2	cost	cost	NOUN
framr-1737	387	3	of	of	ADP
framr-1737	387	4	capital	capital	NOUN
framr-1737	387	5	,	,	PUNCT
framr-1737	387	6	corporation	corporation	NOUN
framr-1737	387	7	finance	finance	NOUN
framr-1737	387	8	and	and	CCONJ
framr-1737	387	9	the	the	DET
framr-1737	387	10	theory	theory	NOUN
framr-1737	387	11	of	of	ADP
framr-1737	387	12	investment	investment	NOUN
framr-1737	387	13	.	.	PUNCT
framr-1737	388	1	the	the	DET
framr-1737	388	2	american	american	PROPN
framr-1737	388	3	economic	economic	PROPN
framr-1737	388	4	review	review	PROPN
framr-1737	388	5	,	,	PUNCT
framr-1737	388	6	48(3	48(3	PROPN
framr-1737	388	7	)	)	PUNCT
framr-1737	388	8	,	,	PUNCT
framr-1737	388	9	261	261	NUM
framr-1737	388	10	-	-	SYM
framr-1737	388	11	297	297	NUM
framr-1737	388	12	.	.	PUNCT
framr-1737	389	1	modigliani	modigliani	PROPN
framr-1737	389	2	.	.	PROPN
framr-1737	389	3	,	,	PUNCT
framr-1737	389	4	f.	f.	PROPN
framr-1737	389	5	,	,	PUNCT
framr-1737	389	6	&	&	CCONJ
framr-1737	389	7	miller	miller	PROPN
framr-1737	389	8	,	,	PUNCT
framr-1737	389	9	m.	m.	NOUN
framr-1737	389	10	h.	h.	PROPN
framr-1737	389	11	(	(	PUNCT
framr-1737	389	12	1963	1963	NUM
framr-1737	389	13	)	)	PUNCT
framr-1737	389	14	.	.	PUNCT
framr-1737	390	1	corporate	corporate	ADJ
framr-1737	390	2	income	income	NOUN
framr-1737	390	3	taxes	taxis	NOUN
framr-1737	390	4	and	and	CCONJ
framr-1737	390	5	the	the	DET
framr-1737	390	6	cost	cost	NOUN
framr-1737	390	7	of	of	ADP
framr-1737	390	8	capital	capital	NOUN
framr-1737	390	9	:	:	PUNCT
framr-1737	390	10	a	a	DET
framr-1737	390	11	correction	correction	NOUN
framr-1737	390	12	.	.	PUNCT
framr-1737	391	1	the	the	DET
framr-1737	391	2	american	american	PROPN
framr-1737	391	3	economic	economic	PROPN
framr-1737	391	4	review	review	PROPN
framr-1737	391	5	,	,	PUNCT
framr-1737	391	6	53(3	53(3	NUM
framr-1737	391	7	)	)	PUNCT
framr-1737	391	8	,	,	PUNCT
framr-1737	391	9	433	433	NUM
framr-1737	391	10	-	-	SYM
framr-1737	391	11	443	443	NUM
framr-1737	391	12	.	.	PUNCT
framr-1737	392	1	myers	myers	PROPN
framr-1737	392	2	,	,	PUNCT
framr-1737	392	3	s.	s.	PROPN
framr-1737	392	4	c.	c.	PROPN
framr-1737	392	5	,	,	PUNCT
framr-1737	392	6	&	&	CCONJ
framr-1737	392	7	majluf	majluf	PROPN
framr-1737	392	8	,	,	PUNCT
framr-1737	392	9	n.	n.	PROPN
framr-1737	392	10	s.	s.	PROPN
framr-1737	392	11	(	(	PUNCT
framr-1737	392	12	1984	1984	NUM
framr-1737	392	13	)	)	PUNCT
framr-1737	392	14	.	.	PUNCT
framr-1737	393	1	corporate	corporate	ADJ
framr-1737	393	2	financing	financing	NOUN
framr-1737	393	3	and	and	CCONJ
framr-1737	393	4	investment	investment	NOUN
framr-1737	393	5	decisions	decision	NOUN
framr-1737	393	6	when	when	SCONJ
framr-1737	393	7	firms	firm	NOUN
framr-1737	393	8	have	have	VERB
framr-1737	393	9	information	information	NOUN
framr-1737	393	10	that	that	SCONJ
framr-1737	393	11	investors	investor	NOUN
framr-1737	393	12	do	do	AUX
framr-1737	393	13	not	not	PART
framr-1737	393	14	have	have	VERB
framr-1737	393	15	.	.	PUNCT
framr-1737	394	1	journal	journal	NOUN
framr-1737	394	2	of	of	ADP
framr-1737	394	3	financial	financial	ADJ
framr-1737	394	4	economics	economic	NOUN
framr-1737	394	5	,	,	PUNCT
framr-1737	394	6	13(2	13(2	PROPN
framr-1737	394	7	)	)	PUNCT
framr-1737	394	8	,	,	PUNCT
framr-1737	394	9	187	187	NUM
framr-1737	394	10	-	-	SYM
framr-1737	394	11	221	221	NUM
framr-1737	394	12	.	.	PUNCT
framr-1737	395	1	rajan	rajan	PROPN
framr-1737	395	2	,	,	PUNCT
framr-1737	395	3	r.	r.	PROPN
framr-1737	395	4	g.	g.	PROPN
framr-1737	395	5	,	,	PUNCT
framr-1737	395	6	&	&	CCONJ
framr-1737	395	7	zingales	zingales	PROPN
framr-1737	395	8	,	,	PUNCT
framr-1737	395	9	l.	l.	PROPN
framr-1737	395	10	(	(	PUNCT
framr-1737	395	11	1995	1995	NUM
framr-1737	395	12	)	)	PUNCT
framr-1737	395	13	.	.	PUNCT
framr-1737	396	1	what	what	PRON
framr-1737	396	2	do	do	AUX
framr-1737	396	3	we	we	PRON
framr-1737	396	4	know	know	VERB
framr-1737	396	5	about	about	ADP
framr-1737	396	6	capital	capital	NOUN
framr-1737	396	7	structure	structure	NOUN
framr-1737	396	8	?	?	PUNCT
framr-1737	397	1	some	some	DET
framr-1737	397	2	evidence	evidence	NOUN
framr-1737	397	3	from	from	ADP
framr-1737	397	4	international	international	ADJ
framr-1737	397	5	data	datum	NOUN
framr-1737	397	6	.	.	PUNCT
framr-1737	398	1	the	the	DET
framr-1737	398	2	journal	journal	PROPN
framr-1737	398	3	of	of	ADP
framr-1737	398	4	finance	finance	NOUN
framr-1737	398	5	,	,	PUNCT
framr-1737	398	6	50(5	50(5	NUM
framr-1737	398	7	)	)	PUNCT
framr-1737	398	8	,	,	PUNCT
framr-1737	398	9	1421	1421	NUM
framr-1737	398	10	-	-	SYM
framr-1737	398	11	1460	1460	NUM
framr-1737	398	12	.	.	PUNCT
framr-1737	399	1	ross	ross	PROPN
framr-1737	399	2	,	,	PUNCT
framr-1737	399	3	s.	s.	PROPN
framr-1737	399	4	a.	a.	PROPN
framr-1737	399	5	(	(	PUNCT
framr-1737	399	6	1977	1977	NUM
framr-1737	399	7	)	)	PUNCT
framr-1737	399	8	.	.	PUNCT
framr-1737	400	1	the	the	DET
framr-1737	400	2	determination	determination	NOUN
framr-1737	400	3	of	of	ADP
framr-1737	400	4	financial	financial	ADJ
framr-1737	400	5	structure	structure	NOUN
framr-1737	400	6	:	:	PUNCT
framr-1737	400	7	the	the	DET
framr-1737	400	8	incentive	incentive	NOUN
framr-1737	400	9	-	-	PUNCT
framr-1737	400	10	signalling	signal	VERB
framr-1737	400	11	approach	approach	NOUN
framr-1737	400	12	.	.	PUNCT
framr-1737	401	1	the	the	DET
framr-1737	401	2	bell	bell	PROPN
framr-1737	401	3	journal	journal	PROPN
framr-1737	401	4	of	of	ADP
framr-1737	401	5	economics	economic	NOUN
framr-1737	401	6	,	,	PUNCT
framr-1737	401	7	8(1	8(1	NOUN
framr-1737	401	8	)	)	PUNCT
framr-1737	401	9	,	,	PUNCT
framr-1737	401	10	23	23	NUM
framr-1737	401	11	-	-	SYM
framr-1737	401	12	40	40	NUM
framr-1737	401	13	.	.	PUNCT
framr-1737	401	14	available	available	ADJ
framr-1737	401	15	at	at	ADP
framr-1737	401	16	:	:	PUNCT
framr-1737	401	17	10.2307/3003485	10.2307/3003485	NUM
framr-1737	401	18	.	.	PUNCT
framr-1737	402	1	sayeed	sayeed	PROPN
framr-1737	402	2	,	,	PUNCT
framr-1737	402	3	m.	m.	NOUN
framr-1737	402	4	a.	a.	NOUN
framr-1737	402	5	(	(	PUNCT
framr-1737	402	6	2011	2011	NUM
framr-1737	402	7	)	)	PUNCT
framr-1737	402	8	.	.	PUNCT
framr-1737	403	1	the	the	DET
framr-1737	403	2	determinants	determinant	NOUN
framr-1737	403	3	of	of	ADP
framr-1737	403	4	capital	capital	NOUN
framr-1737	403	5	structure	structure	NOUN
framr-1737	403	6	for	for	ADP
framr-1737	403	7	selected	select	VERB
framr-1737	403	8	bangladeshi	bangladeshi	ADJ
framr-1737	403	9	listed	list	VERB
framr-1737	403	10	companies	company	NOUN
framr-1737	403	11	.	.	PUNCT
framr-1737	404	1	international	international	ADJ
framr-1737	404	2	review	review	NOUN
framr-1737	404	3	of	of	ADP
framr-1737	404	4	business	business	NOUN
framr-1737	404	5	research	research	NOUN
framr-1737	404	6	papers	paper	NOUN
framr-1737	404	7	,	,	PUNCT
framr-1737	404	8	7(2	7(2	NUM
framr-1737	404	9	)	)	PUNCT
framr-1737	404	10	,	,	PUNCT
framr-1737	404	11	21	21	NUM
framr-1737	404	12	-	-	SYM
framr-1737	404	13	36	36	NUM
framr-1737	404	14	.	.	PUNCT
framr-1737	405	1	shah	shah	PROPN
framr-1737	405	2	,	,	PUNCT
framr-1737	405	3	&	&	CCONJ
framr-1737	405	4	hijazi	hijazi	PROPN
framr-1737	405	5	.	.	PUNCT
framr-1737	406	1	(	(	PUNCT
framr-1737	406	2	2004	2004	NUM
framr-1737	406	3	)	)	PUNCT
framr-1737	406	4	.	.	PUNCT
framr-1737	407	1	the	the	DET
framr-1737	407	2	determinants	determinant	NOUN
framr-1737	407	3	of	of	ADP
framr-1737	407	4	capital	capital	NOUN
framr-1737	407	5	structure	structure	NOUN
framr-1737	407	6	of	of	ADP
framr-1737	407	7	stock	stock	NOUN
framr-1737	407	8	exchange	exchange	NOUN
framr-1737	407	9	-	-	PUNCT
framr-1737	407	10	listed	list	VERB
framr-1737	407	11	non	non	ADJ
framr-1737	407	12	-	-	ADJ
framr-1737	407	13	financial	financial	ADJ
framr-1737	407	14	firms	firm	NOUN
framr-1737	407	15	in	in	ADP
framr-1737	407	16	pakistan	pakistan	PROPN
framr-1737	407	17	.	.	PUNCT
framr-1737	408	1	the	the	DET
framr-1737	408	2	pakistan	pakistan	PROPN
framr-1737	408	3	development	development	PROPN
framr-1737	408	4	review	review	PROPN
framr-1737	408	5	,	,	PUNCT
framr-1737	408	6	43(4	43(4	NOUN
framr-1737	408	7	)	)	PUNCT
framr-1737	408	8	,	,	PUNCT
framr-1737	408	9	605–661	605–661	NUM
framr-1737	408	10	.	.	PUNCT
framr-1737	409	1	sheikh	sheikh	PROPN
framr-1737	409	2	,	,	PUNCT
framr-1737	409	3	n.	n.	PROPN
framr-1737	409	4	a.	a.	PROPN
framr-1737	409	5	,	,	PUNCT
framr-1737	409	6	&	&	CCONJ
framr-1737	409	7	wang	wang	PROPN
framr-1737	409	8	,	,	PUNCT
framr-1737	409	9	z.	z.	PROPN
framr-1737	409	10	(	(	PUNCT
framr-1737	409	11	2010	2010	NUM
framr-1737	409	12	)	)	PUNCT
framr-1737	409	13	.	.	PUNCT
framr-1737	410	1	financing	finance	VERB
framr-1737	410	2	behavior	behavior	NOUN
framr-1737	410	3	of	of	ADP
framr-1737	410	4	textile	textile	NOUN
framr-1737	410	5	firms	firm	NOUN
framr-1737	410	6	in	in	ADP
framr-1737	410	7	pakistan	pakistan	PROPN
framr-1737	410	8	.	.	PUNCT
framr-1737	411	1	international	international	ADJ
framr-1737	411	2	journal	journal	PROPN
framr-1737	411	3	of	of	ADP
framr-1737	411	4	innovation	innovation	NOUN
framr-1737	411	5	,	,	PUNCT
framr-1737	411	6	management	management	NOUN
framr-1737	411	7	and	and	CCONJ
framr-1737	411	8	technology	technology	NOUN
framr-1737	411	9	,	,	PUNCT
framr-1737	411	10	1(2	1(2	NUM
framr-1737	411	11	)	)	PUNCT
framr-1737	411	12	,	,	PUNCT
framr-1737	411	13	130	130	NUM
framr-1737	411	14	-	-	SYM
framr-1737	411	15	135	135	NUM
framr-1737	411	16	.	.	PUNCT
framr-1737	412	1	siddiqui	siddiqui	NOUN
framr-1737	412	2	,	,	PUNCT
framr-1737	412	3	s.	s.	PROPN
framr-1737	412	4	s.	s.	PROPN
framr-1737	412	5	(	(	PUNCT
framr-1737	412	6	2012	2012	NUM
framr-1737	412	7	)	)	PUNCT
framr-1737	412	8	.	.	PUNCT
framr-1737	413	1	capital	capital	NOUN
framr-1737	413	2	structure	structure	NOUN
framr-1737	413	3	determinants	determinant	NOUN
framr-1737	413	4	of	of	ADP
framr-1737	413	5	non	non	ADJ
framr-1737	413	6	-	-	ADJ
framr-1737	413	7	bank	bank	ADJ
framr-1737	413	8	financial	financial	ADJ
framr-1737	413	9	institutions	institution	NOUN
framr-1737	413	10	(	(	PUNCT
framr-1737	413	11	nbfis	nbfis	PROPN
framr-1737	413	12	)	)	PUNCT
framr-1737	413	13	in	in	ADP
framr-1737	413	14	bangladesh	bangladesh	PROPN
framr-1737	413	15	.	.	PUNCT
framr-1737	414	1	world	world	PROPN
framr-1737	414	2	review	review	PROPN
framr-1737	414	3	of	of	ADP
framr-1737	414	4	business	business	NOUN
framr-1737	414	5	research	research	NOUN
framr-1737	414	6	,	,	PUNCT
framr-1737	414	7	2(1	2(1	NUM
framr-1737	414	8	)	)	PUNCT
framr-1737	414	9	,	,	PUNCT
framr-1737	414	10	60	60	NUM
framr-1737	414	11	-	-	SYM
framr-1737	414	12	78	78	NUM
framr-1737	414	13	.	.	PUNCT
framr-1737	415	1	solomon	solomon	PROPN
framr-1737	415	2	,	,	PUNCT
framr-1737	415	3	e.	e.	PROPN
framr-1737	415	4	(	(	PUNCT
framr-1737	415	5	1963	1963	NUM
framr-1737	415	6	)	)	PUNCT
framr-1737	415	7	.	.	PUNCT
framr-1737	416	1	leverage	leverage	NOUN
framr-1737	416	2	and	and	CCONJ
framr-1737	416	3	the	the	DET
framr-1737	416	4	cost	cost	NOUN
framr-1737	416	5	of	of	ADP
framr-1737	416	6	capital	capital	NOUN
framr-1737	416	7	.	.	PUNCT
framr-1737	417	1	the	the	DET
framr-1737	417	2	journal	journal	PROPN
framr-1737	417	3	of	of	ADP
framr-1737	417	4	finance	finance	NOUN
framr-1737	417	5	,	,	PUNCT
framr-1737	417	6	18(2	18(2	NUM
framr-1737	417	7	)	)	PUNCT
framr-1737	417	8	,	,	PUNCT
framr-1737	417	9	273	273	NUM
framr-1737	417	10	-	-	SYM
framr-1737	417	11	279	279	NUM
framr-1737	417	12	.	.	PUNCT
framr-1737	418	1	titman	titman	PROPN
framr-1737	418	2	,	,	PUNCT
framr-1737	418	3	s.	s.	PROPN
framr-1737	418	4	,	,	PUNCT
framr-1737	418	5	&	&	CCONJ
framr-1737	418	6	wessels	wessels	PROPN
framr-1737	418	7	,	,	PUNCT
framr-1737	418	8	r.	r.	PROPN
framr-1737	418	9	(	(	PUNCT
framr-1737	418	10	1988	1988	NUM
framr-1737	418	11	)	)	PUNCT
framr-1737	418	12	.	.	PUNCT
framr-1737	419	1	the	the	DET
framr-1737	419	2	determinants	determinant	NOUN
framr-1737	419	3	of	of	ADP
framr-1737	419	4	capital	capital	NOUN
framr-1737	419	5	structure	structure	NOUN
framr-1737	419	6	choice	choice	NOUN
framr-1737	419	7	.	.	PUNCT
framr-1737	420	1	the	the	DET
framr-1737	420	2	journal	journal	PROPN
framr-1737	420	3	of	of	ADP
framr-1737	420	4	finance	finance	NOUN
framr-1737	420	5	,	,	PUNCT
framr-1737	420	6	43(1	43(1	NOUN
framr-1737	420	7	)	)	PUNCT
framr-1737	420	8	,	,	PUNCT
framr-1737	420	9	1	1	NUM
framr-1737	420	10	-	-	SYM
framr-1737	420	11	19	19	NUM
framr-1737	420	12	.	.	PUNCT
framr-1737	421	1	ullah	ullah	PROPN
framr-1737	421	2	,	,	PUNCT
framr-1737	421	3	g.	g.	PROPN
framr-1737	421	4	,	,	PUNCT
framr-1737	421	5	uddin	uddin	PROPN
framr-1737	421	6	,	,	PUNCT
framr-1737	421	7	m.	m.	NOUN
framr-1737	421	8	,	,	PUNCT
framr-1737	421	9	abdullah	abdullah	PROPN
framr-1737	421	10	,	,	PUNCT
framr-1737	421	11	m.	m.	NOUN
framr-1737	421	12	,	,	PUNCT
framr-1737	421	13	&	&	CCONJ
framr-1737	421	14	islam	islam	PROPN
framr-1737	421	15	,	,	PUNCT
framr-1737	421	16	m.	m.	NOUN
framr-1737	421	17	(	(	PUNCT
framr-1737	421	18	2017	2017	NUM
framr-1737	421	19	)	)	PUNCT
framr-1737	421	20	.	.	PUNCT
framr-1737	422	1	determinants	determinant	NOUN
framr-1737	422	2	of	of	ADP
framr-1737	422	3	capital	capital	NOUN
framr-1737	422	4	structure	structure	NOUN
framr-1737	422	5	and	and	CCONJ
framr-1737	422	6	its	its	PRON
framr-1737	422	7	impact	impact	NOUN
framr-1737	422	8	on	on	ADP
framr-1737	422	9	the	the	DET
framr-1737	422	10	debt	debt	NOUN
framr-1737	422	11	maturity	maturity	NOUN
framr-1737	422	12	of	of	ADP
framr-1737	422	13	the	the	DET
framr-1737	422	14	textile	textile	NOUN
framr-1737	422	15	industry	industry	NOUN
framr-1737	422	16	of	of	ADP
framr-1737	422	17	bangladesh	bangladesh	PROPN
framr-1737	422	18	.	.	PUNCT
framr-1737	423	1	journal	journal	PROPN
framr-1737	423	2	of	of	ADP
framr-1737	423	3	business	business	NOUN
framr-1737	423	4	and	and	CCONJ
framr-1737	423	5	economic	economic	ADJ
framr-1737	423	6	development	development	NOUN
framr-1737	423	7	,	,	PUNCT
framr-1737	423	8	2(1	2(1	NUM
framr-1737	423	9	)	)	PUNCT
framr-1737	423	10	,	,	PUNCT
framr-1737	423	11	31	31	NUM
framr-1737	423	12	-	-	SYM
framr-1737	423	13	37	37	NUM
framr-1737	423	14	.	.	PUNCT
framr-1737	424	1	vasiliou	vasiliou	NOUN
framr-1737	424	2	,	,	PUNCT
framr-1737	424	3	d.	d.	PROPN
framr-1737	424	4	,	,	PUNCT
framr-1737	424	5	daskalakis	daskalakis	PROPN
framr-1737	424	6	,	,	PUNCT
framr-1737	424	7	n.	n.	NOUN
framr-1737	424	8	,	,	PUNCT
framr-1737	424	9	&	&	CCONJ
framr-1737	424	10	eriotis	eriotis	PROPN
framr-1737	424	11	,	,	PUNCT
framr-1737	424	12	n.	n.	NOUN
framr-1737	424	13	(	(	PUNCT
framr-1737	424	14	2006	2006	NUM
framr-1737	424	15	)	)	PUNCT
framr-1737	424	16	.	.	PUNCT
framr-1737	425	1	investigating	investigate	VERB
framr-1737	425	2	the	the	DET
framr-1737	425	3	capital	capital	NOUN
framr-1737	425	4	structure	structure	NOUN
framr-1737	425	5	og	og	PROPN
framr-1737	425	6	greek	greek	NOUN
framr-1737	425	7	firms	firm	NOUN
framr-1737	425	8	:	:	PUNCT
framr-1737	425	9	some	some	DET
framr-1737	425	10	preliminary	preliminary	ADJ
framr-1737	425	11	evidence	evidence	NOUN
framr-1737	425	12	.	.	PUNCT
framr-1737	426	1	207	207	NUM
framr-1737	426	2	-	-	SYM
framr-1737	426	3	232	232	NUM
framr-1737	426	4	.	.	PUNCT
framr-1737	426	5	yamane	yamane	PROPN
framr-1737	426	6	,	,	PUNCT
framr-1737	426	7	t.	t.	PROPN
framr-1737	426	8	(	(	PUNCT
framr-1737	426	9	1967	1967	NUM
framr-1737	426	10	)	)	PUNCT
framr-1737	426	11	.	.	PUNCT
framr-1737	427	1	elementary	elementary	ADJ
framr-1737	427	2	sampling	sample	VERB
framr-1737	427	3	theory	theory	NOUN
framr-1737	427	4	.	.	PUNCT
framr-1737	428	1	views	view	NOUN
framr-1737	428	2	and	and	CCONJ
framr-1737	428	3	opinions	opinion	NOUN
framr-1737	428	4	expressed	express	VERB
framr-1737	428	5	in	in	ADP
framr-1737	428	6	this	this	DET
framr-1737	428	7	article	article	NOUN
framr-1737	428	8	are	be	AUX
framr-1737	428	9	the	the	DET
framr-1737	428	10	views	view	NOUN
framr-1737	428	11	and	and	CCONJ
framr-1737	428	12	opinions	opinion	NOUN
framr-1737	428	13	of	of	ADP
framr-1737	428	14	the	the	DET
framr-1737	428	15	author(s	author(s	NOUN
framr-1737	428	16	)	)	PUNCT
framr-1737	428	17	,	,	PUNCT
framr-1737	428	18	financial	financial	ADJ
framr-1737	428	19	risk	risk	NOUN
framr-1737	428	20	and	and	CCONJ
framr-1737	428	21	management	management	NOUN
framr-1737	428	22	reviews	review	NOUN
framr-1737	428	23	shall	shall	AUX
framr-1737	428	24	not	not	PART
framr-1737	428	25	be	be	AUX
framr-1737	428	26	responsible	responsible	ADJ
framr-1737	428	27	or	or	CCONJ
framr-1737	428	28	answerable	answerable	ADJ
framr-1737	428	29	for	for	ADP
framr-1737	428	30	any	any	DET
framr-1737	428	31	loss	loss	NOUN
framr-1737	428	32	,	,	PUNCT
framr-1737	428	33	damage	damage	NOUN
framr-1737	428	34	or	or	CCONJ
framr-1737	428	35	liability	liability	NOUN
framr-1737	428	36	etc	etc	X
framr-1737	428	37	.	.	X
framr-1737	429	1	caused	cause	VERB
framr-1737	429	2	in	in	ADP
framr-1737	429	3	relation	relation	NOUN
framr-1737	429	4	to	to	PART
framr-1737	429	5	/	/	PUNCT
framr-1737	429	6	arising	arise	VERB
framr-1737	429	7	out	out	ADP
framr-1737	429	8	of	of	ADP
framr-1737	429	9	the	the	DET
framr-1737	429	10	use	use	NOUN
framr-1737	429	11	of	of	ADP
framr-1737	429	12	the	the	DET
framr-1737	429	13	content	content	NOUN
framr-1737	429	14	.	.	PUNCT