id	sid	tid	token	lemma	pos
fbem-26183	1	1	frontiers	frontier	NOUN
fbem-26183	1	2	in	in	ADP
fbem-26183	1	3	business	business	NOUN
fbem-26183	1	4	,	,	PUNCT
fbem-26183	1	5	economics	economic	NOUN
fbem-26183	1	6	and	and	CCONJ
fbem-26183	1	7	management	management	NOUN
fbem-26183	1	8	issn	issn	PROPN
fbem-26183	1	9	:	:	PUNCT
fbem-26183	1	10	2766	2766	NUM
fbem-26183	1	11	-	-	PUNCT
fbem-26183	1	12	824x	824x	NUM
fbem-26183	1	13	|	|	ADJ
fbem-26183	1	14	vol	vol	NOUN
fbem-26183	1	15	.	.	PUNCT
fbem-26183	2	1	16	16	NUM
fbem-26183	2	2	,	,	PUNCT
fbem-26183	2	3	no	no	INTJ
fbem-26183	2	4	.	.	NOUN
fbem-26183	2	5	3	3	NUM
fbem-26183	2	6	,	,	PUNCT
fbem-26183	2	7	2024	2024	NUM
fbem-26183	2	8	137	137	NUM
fbem-26183	2	9	research	research	NOUN
fbem-26183	2	10	on	on	ADP
fbem-26183	2	11	the	the	DET
fbem-26183	2	12	impact	impact	NOUN
fbem-26183	2	13	of	of	ADP
fbem-26183	2	14	disclosure	disclosure	NOUN
fbem-26183	2	15	of	of	ADP
fbem-26183	2	16	key	key	ADJ
fbem-26183	2	17	audit	audit	NOUN
fbem-26183	2	18	matters	matter	VERB
fbem-26183	2	19	on	on	ADP
fbem-26183	2	20	corporate	corporate	ADJ
fbem-26183	2	21	financing	financing	NOUN
fbem-26183	2	22	constraints	constraint	NOUN
fbem-26183	2	23	yihan	yihan	ADP
fbem-26183	2	24	fang	fang	X
fbem-26183	2	25	*	*	PUNCT
fbem-26183	2	26	school	school	NOUN
fbem-26183	2	27	of	of	ADP
fbem-26183	2	28	bangor	bangor	NOUN
fbem-26183	2	29	,	,	PUNCT
fbem-26183	2	30	central	central	ADJ
fbem-26183	2	31	south	south	PROPN
fbem-26183	2	32	university	university	PROPN
fbem-26183	2	33	of	of	ADP
fbem-26183	2	34	forestry	forestry	NOUN
fbem-26183	2	35	and	and	CCONJ
fbem-26183	2	36	technology	technology	NOUN
fbem-26183	2	37	,	,	PUNCT
fbem-26183	2	38	changsha	changsha	PROPN
fbem-26183	2	39	,	,	PUNCT
fbem-26183	2	40	china	china	PROPN
fbem-26183	2	41	*	*	PUNCT
fbem-26183	2	42	corresponding	correspond	VERB
fbem-26183	2	43	author	author	NOUN
fbem-26183	2	44	:	:	PUNCT
fbem-26183	2	45	yihan	yihan	PROPN
fbem-26183	2	46	fang	fang	X
fbem-26183	2	47	(	(	PUNCT
fbem-26183	2	48	email	email	NOUN
fbem-26183	2	49	:	:	PUNCT
fbem-26183	2	50	fangyihan9266@outlook.com	fangyihan9266@outlook.com	X
fbem-26183	2	51	)	)	PUNCT
fbem-26183	3	1	abstract	abstract	NOUN
fbem-26183	3	2	:	:	PUNCT
fbem-26183	3	3	this	this	DET
fbem-26183	3	4	paper	paper	NOUN
fbem-26183	3	5	studies	study	VERB
fbem-26183	3	6	the	the	DET
fbem-26183	3	7	impact	impact	NOUN
fbem-26183	3	8	of	of	ADP
fbem-26183	3	9	key	key	ADJ
fbem-26183	3	10	audit	audit	NOUN
fbem-26183	3	11	disclosures	disclosure	NOUN
fbem-26183	3	12	on	on	ADP
fbem-26183	3	13	corporate	corporate	ADJ
fbem-26183	3	14	financing	financing	NOUN
fbem-26183	3	15	constraints	constraint	NOUN
fbem-26183	3	16	through	through	ADP
fbem-26183	3	17	empirical	empirical	ADJ
fbem-26183	3	18	analysis	analysis	NOUN
fbem-26183	3	19	.	.	PUNCT
fbem-26183	4	1	although	although	SCONJ
fbem-26183	4	2	the	the	DET
fbem-26183	4	3	disclosure	disclosure	NOUN
fbem-26183	4	4	of	of	ADP
fbem-26183	4	5	key	key	ADJ
fbem-26183	4	6	audit	audit	NOUN
fbem-26183	4	7	matters	matter	NOUN
fbem-26183	4	8	can	can	AUX
fbem-26183	4	9	help	help	VERB
fbem-26183	4	10	to	to	PART
fbem-26183	4	11	reduce	reduce	VERB
fbem-26183	4	12	the	the	DET
fbem-26183	4	13	information	information	NOUN
fbem-26183	4	14	differences	difference	NOUN
fbem-26183	4	15	between	between	ADP
fbem-26183	4	16	management	management	NOUN
fbem-26183	4	17	and	and	CCONJ
fbem-26183	4	18	investors	investor	NOUN
fbem-26183	4	19	and	and	CCONJ
fbem-26183	4	20	improve	improve	VERB
fbem-26183	4	21	the	the	DET
fbem-26183	4	22	audit	audit	NOUN
fbem-26183	4	23	quality	quality	NOUN
fbem-26183	4	24	,	,	PUNCT
fbem-26183	4	25	such	such	ADJ
fbem-26183	4	26	disclosure	disclosure	NOUN
fbem-26183	4	27	may	may	AUX
fbem-26183	4	28	also	also	ADV
fbem-26183	4	29	be	be	AUX
fbem-26183	4	30	regarded	regard	VERB
fbem-26183	4	31	as	as	ADP
fbem-26183	4	32	a	a	DET
fbem-26183	4	33	risk	risk	NOUN
fbem-26183	4	34	signal	signal	NOUN
fbem-26183	4	35	,	,	PUNCT
fbem-26183	4	36	and	and	CCONJ
fbem-26183	4	37	the	the	DET
fbem-26183	4	38	warning	warning	NOUN
fbem-26183	4	39	function	function	NOUN
fbem-26183	4	40	to	to	ADP
fbem-26183	4	41	investors	investor	NOUN
fbem-26183	4	42	may	may	AUX
fbem-26183	4	43	cause	cause	VERB
fbem-26183	4	44	the	the	DET
fbem-26183	4	45	difficulty	difficulty	NOUN
fbem-26183	4	46	of	of	ADP
fbem-26183	4	47	corporate	corporate	ADJ
fbem-26183	4	48	financing	financing	NOUN
fbem-26183	4	49	to	to	PART
fbem-26183	4	50	increase	increase	VERB
fbem-26183	4	51	.	.	PUNCT
fbem-26183	5	1	this	this	DET
fbem-26183	5	2	study	study	NOUN
fbem-26183	5	3	concludes	conclude	VERB
fbem-26183	5	4	that	that	SCONJ
fbem-26183	5	5	the	the	DET
fbem-26183	5	6	increase	increase	NOUN
fbem-26183	5	7	in	in	ADP
fbem-26183	5	8	the	the	DET
fbem-26183	5	9	number	number	NOUN
fbem-26183	5	10	of	of	ADP
fbem-26183	5	11	key	key	ADJ
fbem-26183	5	12	audit	audit	NOUN
fbem-26183	5	13	disclosures	disclosure	NOUN
fbem-26183	5	14	will	will	AUX
fbem-26183	5	15	make	make	VERB
fbem-26183	5	16	corporate	corporate	ADJ
fbem-26183	5	17	financing	financing	NOUN
fbem-26183	5	18	more	more	ADV
fbem-26183	5	19	difficult	difficult	ADJ
fbem-26183	5	20	.	.	PUNCT
fbem-26183	6	1	when	when	SCONJ
fbem-26183	6	2	an	an	DET
fbem-26183	6	3	enterprise	enterprise	NOUN
fbem-26183	6	4	announces	announce	VERB
fbem-26183	6	5	more	more	ADJ
fbem-26183	6	6	key	key	ADJ
fbem-26183	6	7	audit	audit	NOUN
fbem-26183	6	8	matters	matter	NOUN
fbem-26183	6	9	,	,	PUNCT
fbem-26183	6	10	the	the	DET
fbem-26183	6	11	market	market	NOUN
fbem-26183	6	12	may	may	AUX
fbem-26183	6	13	regard	regard	VERB
fbem-26183	6	14	them	they	PRON
fbem-26183	6	15	as	as	ADP
fbem-26183	6	16	a	a	DET
fbem-26183	6	17	stronger	strong	ADJ
fbem-26183	6	18	risk	risk	NOUN
fbem-26183	6	19	signal	signal	NOUN
fbem-26183	6	20	,	,	PUNCT
fbem-26183	6	21	causing	cause	VERB
fbem-26183	6	22	investors	investor	NOUN
fbem-26183	6	23	to	to	PART
fbem-26183	6	24	be	be	AUX
fbem-26183	6	25	more	more	ADV
fbem-26183	6	26	cautious	cautious	ADJ
fbem-26183	6	27	in	in	ADP
fbem-26183	6	28	making	make	VERB
fbem-26183	6	29	investment	investment	NOUN
fbem-26183	6	30	decisions	decision	NOUN
fbem-26183	6	31	,	,	PUNCT
fbem-26183	6	32	thus	thus	ADV
fbem-26183	6	33	increasing	increase	VERB
fbem-26183	6	34	the	the	DET
fbem-26183	6	35	financing	financing	NOUN
fbem-26183	6	36	difficulty	difficulty	NOUN
fbem-26183	6	37	of	of	ADP
fbem-26183	6	38	the	the	DET
fbem-26183	6	39	enterprise	enterprise	NOUN
fbem-26183	6	40	.	.	PUNCT
fbem-26183	7	1	however	however	ADV
fbem-26183	7	2	,	,	PUNCT
fbem-26183	7	3	in	in	ADP
fbem-26183	7	4	companies	company	NOUN
fbem-26183	7	5	with	with	ADP
fbem-26183	7	6	large	large	ADJ
fbem-26183	7	7	board	board	NOUN
fbem-26183	7	8	sizes	size	NOUN
fbem-26183	7	9	,	,	PUNCT
fbem-26183	7	10	the	the	DET
fbem-26183	7	11	disclosure	disclosure	NOUN
fbem-26183	7	12	of	of	ADP
fbem-26183	7	13	key	key	ADJ
fbem-26183	7	14	audit	audit	NOUN
fbem-26183	7	15	matters	matter	NOUN
fbem-26183	7	16	can	can	AUX
fbem-26183	7	17	alleviate	alleviate	VERB
fbem-26183	7	18	the	the	DET
fbem-26183	7	19	financing	financing	NOUN
fbem-26183	7	20	constraints	constraint	NOUN
fbem-26183	7	21	.	.	PUNCT
fbem-26183	8	1	larger	large	ADJ
fbem-26183	8	2	boards	board	NOUN
fbem-26183	8	3	are	be	AUX
fbem-26183	8	4	more	more	ADV
fbem-26183	8	5	likely	likely	ADJ
fbem-26183	8	6	to	to	PART
fbem-26183	8	7	make	make	VERB
fbem-26183	8	8	the	the	DET
fbem-26183	8	9	right	right	ADJ
fbem-26183	8	10	decisions	decision	NOUN
fbem-26183	8	11	and	and	CCONJ
fbem-26183	8	12	therefore	therefore	ADV
fbem-26183	8	13	may	may	AUX
fbem-26183	8	14	disclose	disclose	VERB
fbem-26183	8	15	few	few	ADJ
fbem-26183	8	16	er	er	INTJ
fbem-26183	8	17	risky	risky	ADJ
fbem-26183	8	18	aspects	aspect	NOUN
fbem-26183	8	19	of	of	ADP
fbem-26183	8	20	key	key	ADJ
fbem-26183	8	21	audit	audit	NOUN
fbem-26183	8	22	matters	matter	NOUN
fbem-26183	8	23	.	.	PUNCT
fbem-26183	9	1	this	this	DET
fbem-26183	9	2	study	study	NOUN
fbem-26183	9	3	provides	provide	VERB
fbem-26183	9	4	a	a	DET
fbem-26183	9	5	new	new	ADJ
fbem-26183	9	6	understanding	understanding	NOUN
fbem-26183	9	7	of	of	ADP
fbem-26183	9	8	key	key	ADJ
fbem-26183	9	9	audit	audit	NOUN
fbem-26183	9	10	issues	issue	NOUN
fbem-26183	9	11	in	in	ADP
fbem-26183	9	12	financing	financing	NOUN
fbem-26183	9	13	activities	activity	NOUN
fbem-26183	9	14	and	and	CCONJ
fbem-26183	9	15	a	a	DET
fbem-26183	9	16	useful	useful	ADJ
fbem-26183	9	17	reference	reference	NOUN
fbem-26183	9	18	for	for	ADP
fbem-26183	9	19	the	the	DET
fbem-26183	9	20	possible	possible	ADJ
fbem-26183	9	21	impact	impact	NOUN
fbem-26183	9	22	of	of	ADP
fbem-26183	9	23	macro	macro	ADJ
fbem-26183	9	24	-	-	NOUN
fbem-26183	9	25	policy	policy	NOUN
fbem-26183	9	26	adjustments	adjustment	NOUN
fbem-26183	9	27	on	on	ADP
fbem-26183	9	28	corporate	corporate	ADJ
fbem-26183	9	29	profitability	profitability	NOUN
fbem-26183	9	30	.	.	PUNCT
fbem-26183	10	1	in	in	ADP
fbem-26183	10	2	addition	addition	NOUN
fbem-26183	10	3	,	,	PUNCT
fbem-26183	10	4	the	the	DET
fbem-26183	10	5	research	research	NOUN
fbem-26183	10	6	also	also	ADV
fbem-26183	10	7	provides	provide	VERB
fbem-26183	10	8	useful	useful	ADJ
fbem-26183	10	9	information	information	NOUN
fbem-26183	10	10	support	support	NOUN
fbem-26183	10	11	for	for	SCONJ
fbem-26183	10	12	enterprises	enterprise	NOUN
fbem-26183	10	13	to	to	PART
fbem-26183	10	14	understand	understand	VERB
fbem-26183	10	15	and	and	CCONJ
fbem-26183	10	16	adapt	adapt	VERB
fbem-26183	10	17	to	to	ADP
fbem-26183	10	18	the	the	DET
fbem-26183	10	19	new	new	ADJ
fbem-26183	10	20	auditing	auditing	NOUN
fbem-26183	10	21	standards	standard	NOUN
fbem-26183	10	22	.	.	PUNCT
fbem-26183	11	1	keywords	keyword	NOUN
fbem-26183	11	2	:	:	PUNCT
fbem-26183	11	3	key	key	ADJ
fbem-26183	11	4	audit	audit	NOUN
fbem-26183	11	5	matters	matter	NOUN
fbem-26183	11	6	,	,	PUNCT
fbem-26183	11	7	corporate	corporate	ADJ
fbem-26183	11	8	financing	financing	NOUN
fbem-26183	11	9	constraints	constraint	NOUN
fbem-26183	11	10	,	,	PUNCT
fbem-26183	11	11	corporate	corporate	ADJ
fbem-26183	11	12	governance	governance	NOUN
fbem-26183	11	13	,	,	PUNCT
fbem-26183	11	14	board	board	NOUN
fbem-26183	11	15	size	size	NOUN
fbem-26183	11	16	.	.	PUNCT
fbem-26183	12	1	1	1	X
fbem-26183	12	2	.	.	X
fbem-26183	12	3	introduction	introduction	NOUN
fbem-26183	12	4	as	as	ADP
fbem-26183	12	5	the	the	DET
fbem-26183	12	6	international	international	ADJ
fbem-26183	12	7	standards	standard	NOUN
fbem-26183	12	8	on	on	ADP
fbem-26183	12	9	auditing	auditing	NOUN
fbem-26183	12	10	(	(	PUNCT
fbem-26183	12	11	isas	isa	NOUN
fbem-26183	12	12	)	)	PUNCT
fbem-26183	12	13	continue	continue	VERB
fbem-26183	12	14	to	to	PART
fbem-26183	12	15	evolve	evolve	VERB
fbem-26183	12	16	,	,	PUNCT
fbem-26183	12	17	the	the	DET
fbem-26183	12	18	international	international	PROPN
fbem-26183	12	19	institute	institute	PROPN
fbem-26183	12	20	of	of	ADP
fbem-26183	12	21	certified	certify	VERB
fbem-26183	12	22	public	public	ADJ
fbem-26183	12	23	accountants	accountant	NOUN
fbem-26183	12	24	'	'	PART
fbem-26183	12	25	audit	audit	NOUN
fbem-26183	12	26	standards	standard	NOUN
fbem-26183	12	27	committee	committee	NOUN
fbem-26183	12	28	(	(	PUNCT
fbem-26183	12	29	iaasb	iaasb	PROPN
fbem-26183	12	30	)	)	PUNCT
fbem-26183	12	31	updated	update	VERB
fbem-26183	12	32	its	its	PRON
fbem-26183	12	33	standards	standard	NOUN
fbem-26183	12	34	on	on	ADP
fbem-26183	12	35	auditing	auditing	NOUN
fbem-26183	12	36	in	in	ADP
fbem-26183	12	37	2015	2015	NUM
fbem-26183	12	38	,	,	PUNCT
fbem-26183	12	39	requiring	require	VERB
fbem-26183	12	40	auditors	auditor	NOUN
fbem-26183	12	41	to	to	PART
fbem-26183	12	42	detail	detail	VERB
fbem-26183	12	43	key	key	ADJ
fbem-26183	12	44	audit	audit	NOUN
fbem-26183	12	45	matters	matter	NOUN
fbem-26183	12	46	in	in	ADP
fbem-26183	12	47	their	their	PRON
fbem-26183	12	48	audit	audit	NOUN
fbem-26183	12	49	reports	report	NOUN
fbem-26183	12	50	.	.	PUNCT
fbem-26183	13	1	in	in	ADP
fbem-26183	13	2	line	line	NOUN
fbem-26183	13	3	with	with	ADP
fbem-26183	13	4	the	the	DET
fbem-26183	13	5	international	international	ADJ
fbem-26183	13	6	reform	reform	NOUN
fbem-26183	13	7	trend	trend	NOUN
fbem-26183	13	8	,	,	PUNCT
fbem-26183	13	9	china	china	PROPN
fbem-26183	13	10	updated	update	VERB
fbem-26183	13	11	its	its	PRON
fbem-26183	13	12	own	own	ADJ
fbem-26183	13	13	auditing	auditing	NOUN
fbem-26183	13	14	standard	standard	ADJ
fbem-26183	13	15	system	system	NOUN
fbem-26183	13	16	in	in	ADP
fbem-26183	13	17	late	late	ADJ
fbem-26183	13	18	2016	2016	NUM
fbem-26183	13	19	,	,	PUNCT
fbem-26183	13	20	including	include	VERB
fbem-26183	13	21	auditing	audit	VERB
fbem-26183	13	22	standard	standard	NOUN
fbem-26183	13	23	1504	1504	NUM
fbem-26183	13	24	,	,	PUNCT
fbem-26183	13	25	which	which	PRON
fbem-26183	13	26	focuses	focus	VERB
fbem-26183	13	27	on	on	ADP
fbem-26183	13	28	how	how	SCONJ
fbem-26183	13	29	to	to	PART
fbem-26183	13	30	effectively	effectively	ADV
fbem-26183	13	31	communicate	communicate	VERB
fbem-26183	13	32	key	key	ADJ
fbem-26183	13	33	audit	audit	NOUN
fbem-26183	13	34	matters	matter	NOUN
fbem-26183	13	35	in	in	ADP
fbem-26183	13	36	audit	audit	NOUN
fbem-26183	13	37	reports	report	NOUN
fbem-26183	13	38	.	.	PUNCT
fbem-26183	14	1	it	it	PRON
fbem-26183	14	2	is	be	AUX
fbem-26183	14	3	proposed	propose	VERB
fbem-26183	14	4	to	to	PART
fbem-26183	14	5	include	include	VERB
fbem-26183	14	6	the	the	DET
fbem-26183	14	7	disclosure	disclosure	NOUN
fbem-26183	14	8	of	of	ADP
fbem-26183	14	9	key	key	ADJ
fbem-26183	14	10	audit	audit	NOUN
fbem-26183	14	11	matters	matter	NOUN
fbem-26183	14	12	in	in	ADP
fbem-26183	14	13	the	the	DET
fbem-26183	14	14	audit	audit	NOUN
fbem-26183	14	15	report	report	NOUN
fbem-26183	14	16	,	,	PUNCT
fbem-26183	14	17	so	so	SCONJ
fbem-26183	14	18	as	as	SCONJ
fbem-26183	14	19	to	to	PART
fbem-26183	14	20	enhance	enhance	VERB
fbem-26183	14	21	the	the	DET
fbem-26183	14	22	transparency	transparency	NOUN
fbem-26183	14	23	of	of	ADP
fbem-26183	14	24	the	the	DET
fbem-26183	14	25	audit	audit	NOUN
fbem-26183	14	26	work	work	NOUN
fbem-26183	14	27	performed	perform	VERB
fbem-26183	14	28	by	by	ADP
fbem-26183	14	29	the	the	DET
fbem-26183	14	30	auditor	auditor	NOUN
fbem-26183	14	31	and	and	CCONJ
fbem-26183	14	32	further	far	ADV
fbem-26183	14	33	improve	improve	VERB
fbem-26183	14	34	the	the	DET
fbem-26183	14	35	communication	communication	NOUN
fbem-26183	14	36	effectiveness	effectiveness	NOUN
fbem-26183	14	37	of	of	ADP
fbem-26183	14	38	the	the	DET
fbem-26183	14	39	audit	audit	NOUN
fbem-26183	14	40	report	report	NOUN
fbem-26183	14	41	.	.	PUNCT
fbem-26183	15	1	in	in	ADP
fbem-26183	15	2	china	china	PROPN
fbem-26183	15	3	's	's	PART
fbem-26183	15	4	capital	capital	NOUN
fbem-26183	15	5	market	market	NOUN
fbem-26183	15	6	,	,	PUNCT
fbem-26183	15	7	due	due	ADP
fbem-26183	15	8	to	to	ADP
fbem-26183	15	9	the	the	DET
fbem-26183	15	10	imperfect	imperfect	ADJ
fbem-26183	15	11	system	system	NOUN
fbem-26183	15	12	,	,	PUNCT
fbem-26183	15	13	enterprises	enterprise	NOUN
fbem-26183	15	14	are	be	AUX
fbem-26183	15	15	generally	generally	ADV
fbem-26183	15	16	facing	face	VERB
fbem-26183	15	17	the	the	DET
fbem-26183	15	18	challenge	challenge	NOUN
fbem-26183	15	19	of	of	ADP
fbem-26183	15	20	financing	financing	NOUN
fbem-26183	15	21	constraints	constraint	NOUN
fbem-26183	15	22	.	.	PUNCT
fbem-26183	16	1	this	this	DET
fbem-26183	16	2	kind	kind	NOUN
fbem-26183	16	3	of	of	ADP
fbem-26183	16	4	challenge	challenge	NOUN
fbem-26183	16	5	not	not	PART
fbem-26183	16	6	only	only	ADV
fbem-26183	16	7	hinders	hinder	VERB
fbem-26183	16	8	the	the	DET
fbem-26183	16	9	sustainable	sustainable	ADJ
fbem-26183	16	10	and	and	CCONJ
fbem-26183	16	11	healthy	healthy	ADJ
fbem-26183	16	12	development	development	NOUN
fbem-26183	16	13	of	of	ADP
fbem-26183	16	14	enterprises	enterprise	NOUN
fbem-26183	16	15	,	,	PUNCT
fbem-26183	16	16	but	but	CCONJ
fbem-26183	16	17	also	also	ADV
fbem-26183	16	18	reduces	reduce	VERB
fbem-26183	16	19	the	the	DET
fbem-26183	16	20	allocation	allocation	NOUN
fbem-26183	16	21	efficiency	efficiency	NOUN
fbem-26183	16	22	of	of	ADP
fbem-26183	16	23	social	social	ADJ
fbem-26183	16	24	resources	resource	NOUN
fbem-26183	16	25	and	and	CCONJ
fbem-26183	16	26	adversely	adversely	ADV
fbem-26183	16	27	affects	affect	VERB
fbem-26183	16	28	the	the	DET
fbem-26183	16	29	smooth	smooth	ADJ
fbem-26183	16	30	operation	operation	NOUN
fbem-26183	16	31	of	of	ADP
fbem-26183	16	32	the	the	DET
fbem-26183	16	33	national	national	ADJ
fbem-26183	16	34	economy	economy	NOUN
fbem-26183	16	35	.	.	PUNCT
fbem-26183	17	1	the	the	DET
fbem-26183	17	2	dilemma	dilemma	NOUN
fbem-26183	17	3	of	of	ADP
fbem-26183	17	4	"	"	PUNCT
fbem-26183	17	5	financing	financing	NOUN
fbem-26183	17	6	is	be	AUX
fbem-26183	17	7	difficult	difficult	ADJ
fbem-26183	17	8	and	and	CCONJ
fbem-26183	17	9	financing	financing	NOUN
fbem-26183	17	10	is	be	AUX
fbem-26183	17	11	expensive	expensive	ADJ
fbem-26183	17	12	"	"	PUNCT
fbem-26183	17	13	encountered	encounter	VERB
fbem-26183	17	14	by	by	ADP
fbem-26183	17	15	enterprises	enterprise	NOUN
fbem-26183	17	16	in	in	ADP
fbem-26183	17	17	essence	essence	NOUN
fbem-26183	17	18	limits	limit	VERB
fbem-26183	17	19	the	the	DET
fbem-26183	17	20	possibility	possibility	NOUN
fbem-26183	17	21	of	of	ADP
fbem-26183	17	22	their	their	PRON
fbem-26183	17	23	high	high	ADJ
fbem-26183	17	24	-	-	PUNCT
fbem-26183	17	25	quality	quality	NOUN
fbem-26183	17	26	development	development	NOUN
fbem-26183	17	27	.	.	PUNCT
fbem-26183	18	1	the	the	DET
fbem-26183	18	2	research	research	NOUN
fbem-26183	18	3	on	on	ADP
fbem-26183	18	4	the	the	DET
fbem-26183	18	5	disclosure	disclosure	NOUN
fbem-26183	18	6	of	of	ADP
fbem-26183	18	7	key	key	ADJ
fbem-26183	18	8	audit	audit	NOUN
fbem-26183	18	9	matters	matter	NOUN
fbem-26183	18	10	puts	put	VERB
fbem-26183	18	11	forward	forward	ADP
fbem-26183	18	12	a	a	DET
fbem-26183	18	13	new	new	ADJ
fbem-26183	18	14	perspective	perspective	NOUN
fbem-26183	18	15	to	to	PART
fbem-26183	18	16	explore	explore	VERB
fbem-26183	18	17	the	the	DET
fbem-26183	18	18	relationship	relationship	NOUN
fbem-26183	18	19	between	between	ADP
fbem-26183	18	20	corporate	corporate	ADJ
fbem-26183	18	21	performance	performance	NOUN
fbem-26183	18	22	and	and	CCONJ
fbem-26183	18	23	financing	financing	NOUN
fbem-26183	18	24	constraints	constraint	NOUN
fbem-26183	18	25	.	.	PUNCT
fbem-26183	19	1	previous	previous	ADJ
fbem-26183	19	2	studies	study	NOUN
fbem-26183	19	3	have	have	AUX
fbem-26183	19	4	tended	tend	VERB
fbem-26183	19	5	to	to	PART
fbem-26183	19	6	focus	focus	VERB
fbem-26183	19	7	on	on	ADP
fbem-26183	19	8	financial	financial	ADJ
fbem-26183	19	9	statement	statement	NOUN
fbem-26183	19	10	data	datum	NOUN
fbem-26183	19	11	while	while	SCONJ
fbem-26183	19	12	ignoring	ignore	VERB
fbem-26183	19	13	key	key	ADJ
fbem-26183	19	14	audit	audit	NOUN
fbem-26183	19	15	issues	issue	NOUN
fbem-26183	19	16	in	in	ADP
fbem-26183	19	17	audit	audit	NOUN
fbem-26183	19	18	reports	report	NOUN
fbem-26183	19	19	.	.	PUNCT
fbem-26183	20	1	the	the	DET
fbem-26183	20	2	focus	focus	NOUN
fbem-26183	20	3	of	of	ADP
fbem-26183	20	4	research	research	NOUN
fbem-26183	20	5	has	have	AUX
fbem-26183	20	6	shifted	shift	VERB
fbem-26183	20	7	from	from	ADP
fbem-26183	20	8	financial	financial	ADJ
fbem-26183	20	9	statement	statement	NOUN
fbem-26183	20	10	data	datum	NOUN
fbem-26183	20	11	to	to	ADP
fbem-26183	20	12	audit	audit	NOUN
fbem-26183	20	13	reports	report	NOUN
fbem-26183	20	14	,	,	PUNCT
fbem-26183	20	15	which	which	PRON
fbem-26183	20	16	provides	provide	VERB
fbem-26183	20	17	new	new	ADJ
fbem-26183	20	18	ideas	idea	NOUN
fbem-26183	20	19	and	and	CCONJ
fbem-26183	20	20	methods	method	NOUN
fbem-26183	20	21	for	for	ADP
fbem-26183	20	22	studying	study	VERB
fbem-26183	20	23	corporate	corporate	ADJ
fbem-26183	20	24	performance	performance	NOUN
fbem-26183	20	25	and	and	CCONJ
fbem-26183	20	26	financing	financing	NOUN
fbem-26183	20	27	constraints	constraint	NOUN
fbem-26183	20	28	.	.	PUNCT
fbem-26183	21	1	macro	macro	ADJ
fbem-26183	21	2	-	-	NOUN
fbem-26183	21	3	policy	policy	NOUN
fbem-26183	21	4	reform	reform	NOUN
fbem-26183	21	5	on	on	ADP
fbem-26183	21	6	the	the	DET
fbem-26183	21	7	efficiency	efficiency	NOUN
fbem-26183	21	8	of	of	ADP
fbem-26183	21	9	enterprises	enterprise	NOUN
fbem-26183	21	10	.	.	PUNCT
fbem-26183	22	1	2	2	X
fbem-26183	22	2	.	.	X
fbem-26183	22	3	literature	literature	NOUN
fbem-26183	22	4	review	review	VERB
fbem-26183	22	5	2.1	2.1	NUM
fbem-26183	22	6	.	.	PUNCT
fbem-26183	23	1	literature	literature	NOUN
fbem-26183	23	2	on	on	ADP
fbem-26183	23	3	key	key	ADJ
fbem-26183	23	4	audit	audit	NOUN
fbem-26183	23	5	matters	matter	VERB
fbem-26183	23	6	brant	brant	NOUN
fbem-26183	23	7	and	and	CCONJ
fbem-26183	23	8	glover	glover	PROPN
fbem-26183	23	9	(	(	PUNCT
fbem-26183	23	10	2016	2016	NUM
fbem-26183	23	11	)	)	PUNCT
fbem-26183	23	12	believe	believe	VERB
fbem-26183	23	13	that	that	SCONJ
fbem-26183	23	14	more	more	ADJ
fbem-26183	23	15	disclosure	disclosure	NOUN
fbem-26183	23	16	of	of	ADP
fbem-26183	23	17	key	key	ADJ
fbem-26183	23	18	audit	audit	NOUN
fbem-26183	23	19	matters	matter	NOUN
fbem-26183	23	20	can	can	AUX
fbem-26183	23	21	enhance	enhance	VERB
fbem-26183	23	22	the	the	DET
fbem-26183	23	23	value	value	NOUN
fbem-26183	23	24	of	of	ADP
fbem-26183	23	25	financial	financial	ADJ
fbem-26183	23	26	reporting	reporting	NOUN
fbem-26183	23	27	,	,	PUNCT
fbem-26183	23	28	provide	provide	VERB
fbem-26183	23	29	practical	practical	ADJ
fbem-26183	23	30	information	information	NOUN
fbem-26183	23	31	for	for	ADP
fbem-26183	23	32	users	user	NOUN
fbem-26183	23	33	and	and	CCONJ
fbem-26183	23	34	enhance	enhance	VERB
fbem-26183	23	35	transparency	transparency	NOUN
fbem-26183	23	36	,	,	PUNCT
fbem-26183	23	37	while	while	SCONJ
fbem-26183	23	38	helping	help	VERB
fbem-26183	23	39	non	non	ADJ
fbem-26183	23	40	-	-	ADJ
fbem-26183	23	41	professional	professional	ADJ
fbem-26183	23	42	investors	investor	NOUN
fbem-26183	23	43	and	and	CCONJ
fbem-26183	23	44	financiers	financier	NOUN
fbem-26183	23	45	to	to	PART
fbem-26183	23	46	gain	gain	VERB
fbem-26183	23	47	a	a	DET
fbem-26183	23	48	better	well	ADJ
fbem-26183	23	49	understanding	understanding	NOUN
fbem-26183	23	50	of	of	ADP
fbem-26183	23	51	listed	list	VERB
fbem-26183	23	52	companies	company	NOUN
fbem-26183	23	53	.	.	PUNCT
fbem-26183	24	1	reid	reid	PROPN
fbem-26183	24	2	et	et	PROPN
fbem-26183	24	3	al	al	PROPN
fbem-26183	24	4	.	.	PROPN
fbem-26183	25	1	(	(	PUNCT
fbem-26183	25	2	2017	2017	NUM
fbem-26183	25	3	)	)	PUNCT
fbem-26183	25	4	found	find	VERB
fbem-26183	25	5	that	that	SCONJ
fbem-26183	25	6	the	the	DET
fbem-26183	25	7	disclosure	disclosure	NOUN
fbem-26183	25	8	of	of	ADP
fbem-26183	25	9	key	key	ADJ
fbem-26183	25	10	audit	audit	NOUN
fbem-26183	25	11	matters	matter	NOUN
fbem-26183	25	12	is	be	AUX
fbem-26183	25	13	related	relate	VERB
fbem-26183	25	14	to	to	ADP
fbem-26183	25	15	the	the	DET
fbem-26183	25	16	increase	increase	NOUN
fbem-26183	25	17	in	in	ADP
fbem-26183	25	18	stock	stock	NOUN
fbem-26183	25	19	trading	trading	NOUN
fbem-26183	25	20	volume	volume	NOUN
fbem-26183	25	21	through	through	ADP
fbem-26183	25	22	the	the	DET
fbem-26183	25	23	study	study	NOUN
fbem-26183	25	24	of	of	ADP
fbem-26183	25	25	uk	uk	PROPN
fbem-26183	25	26	listed	list	VERB
fbem-26183	25	27	companies	company	NOUN
fbem-26183	25	28	,	,	PUNCT
fbem-26183	25	29	indicating	indicate	VERB
fbem-26183	25	30	that	that	SCONJ
fbem-26183	25	31	this	this	PRON
fbem-26183	25	32	may	may	AUX
fbem-26183	25	33	affect	affect	VERB
fbem-26183	25	34	the	the	DET
fbem-26183	25	35	company	company	NOUN
fbem-26183	25	36	value	value	NOUN
fbem-26183	25	37	.	.	PUNCT
fbem-26183	26	1	sirois	sirois	PROPN
fbem-26183	26	2	et	et	PROPN
fbem-26183	26	3	al	al	PROPN
fbem-26183	26	4	.	.	PROPN
fbem-26183	27	1	(	(	PUNCT
fbem-26183	27	2	2018	2018	NUM
fbem-26183	27	3	)	)	PUNCT
fbem-26183	27	4	found	find	VERB
fbem-26183	27	5	that	that	SCONJ
fbem-26183	27	6	increased	increase	VERB
fbem-26183	27	7	disclosure	disclosure	NOUN
fbem-26183	27	8	may	may	AUX
fbem-26183	27	9	increase	increase	VERB
fbem-26183	27	10	the	the	DET
fbem-26183	27	11	focus	focus	NOUN
fbem-26183	27	12	on	on	ADP
fbem-26183	27	13	the	the	DET
fbem-26183	27	14	audit	audit	NOUN
fbem-26183	27	15	report	report	NOUN
fbem-26183	27	16	and	and	CCONJ
fbem-26183	27	17	enhance	enhance	VERB
fbem-26183	27	18	the	the	DET
fbem-26183	27	19	usefulness	usefulness	NOUN
fbem-26183	27	20	of	of	ADP
fbem-26183	27	21	the	the	DET
fbem-26183	27	22	financial	financial	ADJ
fbem-26183	27	23	statements	statement	NOUN
fbem-26183	27	24	,	,	PUNCT
fbem-26183	27	25	but	but	CCONJ
fbem-26183	27	26	may	may	AUX
fbem-26183	27	27	also	also	ADV
fbem-26183	27	28	decrease	decrease	VERB
fbem-26183	27	29	the	the	DET
fbem-26183	27	30	focus	focus	NOUN
fbem-26183	27	31	on	on	ADP
fbem-26183	27	32	other	other	ADJ
fbem-26183	27	33	parts	part	NOUN
fbem-26183	27	34	of	of	ADP
fbem-26183	27	35	the	the	DET
fbem-26183	27	36	statements	statement	NOUN
fbem-26183	27	37	.	.	PUNCT
fbem-26183	28	1	it	it	PRON
fbem-26183	28	2	is	be	AUX
fbem-26183	28	3	also	also	ADV
fbem-26183	28	4	found	find	VERB
fbem-26183	28	5	that	that	SCONJ
fbem-26183	28	6	the	the	DET
fbem-26183	28	7	disclosure	disclosure	NOUN
fbem-26183	28	8	of	of	ADP
fbem-26183	28	9	key	key	ADJ
fbem-26183	28	10	audit	audit	NOUN
fbem-26183	28	11	matters	matter	NOUN
fbem-26183	28	12	increases	increase	VERB
fbem-26183	28	13	the	the	DET
fbem-26183	28	14	cost	cost	NOUN
fbem-26183	28	15	of	of	ADP
fbem-26183	28	16	equity	equity	NOUN
fbem-26183	28	17	capital	capital	NOUN
fbem-26183	28	18	of	of	ADP
fbem-26183	28	19	enterprises	enterprise	NOUN
fbem-26183	28	20	by	by	ADP
fbem-26183	28	21	enhancing	enhance	VERB
fbem-26183	28	22	the	the	DET
fbem-26183	28	23	degree	degree	NOUN
fbem-26183	28	24	of	of	ADP
fbem-26183	28	25	investors	investor	NOUN
fbem-26183	28	26	'	'	PART
fbem-26183	28	27	perception	perception	NOUN
fbem-26183	28	28	of	of	ADP
fbem-26183	28	29	risks	risk	NOUN
fbem-26183	28	30	.	.	PUNCT
fbem-26183	29	1	2.2	2.2	NUM
fbem-26183	29	2	.	.	PUNCT
fbem-26183	29	3	research	research	NOUN
fbem-26183	29	4	on	on	ADP
fbem-26183	29	5	enterprise	enterprise	NOUN
fbem-26183	29	6	financing	financing	NOUN
fbem-26183	29	7	constraints	constraint	NOUN
fbem-26183	29	8	in	in	ADP
fbem-26183	29	9	their	their	PRON
fbem-26183	29	10	1984	1984	NUM
fbem-26183	29	11	study	study	NOUN
fbem-26183	29	12	,	,	PUNCT
fbem-26183	29	13	myers	myers	PROPN
fbem-26183	29	14	and	and	CCONJ
fbem-26183	29	15	majluf	majluf	PROPN
fbem-26183	29	16	first	first	ADV
fbem-26183	29	17	emphasized	emphasize	VERB
fbem-26183	29	18	that	that	SCONJ
fbem-26183	29	19	the	the	DET
fbem-26183	29	20	information	information	NOUN
fbem-26183	29	21	differences	difference	NOUN
fbem-26183	29	22	that	that	PRON
fbem-26183	29	23	prevails	prevail	VERB
fbem-26183	29	24	in	in	ADP
fbem-26183	29	25	financial	financial	ADJ
fbem-26183	29	26	markets	market	NOUN
fbem-26183	29	27	will	will	AUX
fbem-26183	29	28	cause	cause	VERB
fbem-26183	29	29	enterprises	enterprise	NOUN
fbem-26183	29	30	to	to	PART
fbem-26183	29	31	bear	bear	VERB
fbem-26183	29	32	higher	high	ADJ
fbem-26183	29	33	costs	cost	NOUN
fbem-26183	29	34	when	when	SCONJ
fbem-26183	29	35	seeking	seek	VERB
fbem-26183	29	36	external	external	ADJ
fbem-26183	29	37	capital	capital	NOUN
fbem-26183	29	38	.	.	PUNCT
fbem-26183	30	1	the	the	DET
fbem-26183	30	2	difference	difference	NOUN
fbem-26183	30	3	between	between	ADP
fbem-26183	30	4	this	this	DET
fbem-26183	30	5	cost	cost	NOUN
fbem-26183	30	6	and	and	CCONJ
fbem-26183	30	7	the	the	DET
fbem-26183	30	8	cost	cost	NOUN
fbem-26183	30	9	of	of	ADP
fbem-26183	30	10	financing	financing	NOUN
fbem-26183	30	11	within	within	ADP
fbem-26183	30	12	the	the	DET
fbem-26183	30	13	enterprise	enterprise	NOUN
fbem-26183	30	14	reflects	reflect	VERB
fbem-26183	30	15	the	the	DET
fbem-26183	30	16	financing	financing	NOUN
fbem-26183	30	17	constraints	constraint	NOUN
fbem-26183	30	18	faced	face	VERB
fbem-26183	30	19	by	by	ADP
fbem-26183	30	20	the	the	DET
fbem-26183	30	21	enterprise	enterprise	NOUN
fbem-26183	30	22	.	.	PUNCT
fbem-26183	31	1	in	in	ADP
fbem-26183	31	2	the	the	DET
fbem-26183	31	3	framework	framework	NOUN
fbem-26183	31	4	of	of	ADP
fbem-26183	31	5	modern	modern	ADJ
fbem-26183	31	6	financing	financing	NOUN
fbem-26183	31	7	theory	theory	NOUN
fbem-26183	31	8	,	,	PUNCT
fbem-26183	31	9	defined	define	VERB
fbem-26183	31	10	the	the	DET
fbem-26183	31	11	financing	financing	NOUN
fbem-26183	31	12	constraint	constraint	NOUN
fbem-26183	31	13	as	as	SCONJ
fbem-26183	31	14	that	that	PRON
fbem-26183	31	15	when	when	SCONJ
fbem-26183	31	16	facing	face	VERB
fbem-26183	31	17	the	the	DET
fbem-26183	31	18	investment	investment	NOUN
fbem-26183	31	19	opportunity	opportunity	NOUN
fbem-26183	31	20	,	,	PUNCT
fbem-26183	31	21	the	the	DET
fbem-26183	31	22	enterprise	enterprise	NOUN
fbem-26183	31	23	needs	need	VERB
fbem-26183	31	24	to	to	PART
fbem-26183	31	25	seek	seek	VERB
fbem-26183	31	26	external	external	ADJ
fbem-26183	31	27	financing	financing	NOUN
fbem-26183	31	28	sources	source	NOUN
fbem-26183	31	29	due	due	ADP
fbem-26183	31	30	to	to	ADP
fbem-26183	31	31	the	the	DET
fbem-26183	31	32	shortage	shortage	NOUN
fbem-26183	31	33	of	of	ADP
fbem-26183	31	34	its	its	PRON
fbem-26183	31	35	own	own	ADJ
fbem-26183	31	36	capital	capital	NOUN
fbem-26183	31	37	,	,	PUNCT
fbem-26183	31	38	thus	thus	ADV
fbem-26183	31	39	falling	fall	VERB
fbem-26183	31	40	into	into	ADP
fbem-26183	31	41	the	the	DET
fbem-26183	31	42	difficult	difficult	ADJ
fbem-26183	31	43	problem	problem	NOUN
fbem-26183	31	44	of	of	ADP
fbem-26183	31	45	fund	fund	NOUN
fbem-26183	31	46	raising	raising	NOUN
fbem-26183	31	47	.	.	PUNCT
fbem-26183	32	1	also	also	ADV
fbem-26183	32	2	,	,	PUNCT
fbem-26183	32	3	enterprises	enterprise	NOUN
fbem-26183	32	4	with	with	ADP
fbem-26183	32	5	good	good	ADJ
fbem-26183	32	6	internal	internal	ADJ
fbem-26183	32	7	control	control	NOUN
fbem-26183	32	8	can	can	AUX
fbem-26183	32	9	win	win	VERB
fbem-26183	32	10	the	the	DET
fbem-26183	32	11	trust	trust	NOUN
fbem-26183	32	12	of	of	ADP
fbem-26183	32	13	external	external	ADJ
fbem-26183	32	14	investors	investor	NOUN
fbem-26183	32	15	due	due	ADP
fbem-26183	32	16	to	to	ADP
fbem-26183	32	17	their	their	PRON
fbem-26183	32	18	high	high	ADJ
fbem-26183	32	19	management	management	NOUN
fbem-26183	32	20	level	level	NOUN
fbem-26183	32	21	and	and	CCONJ
fbem-26183	32	22	risk	risk	NOUN
fbem-26183	32	23	identification	identification	NOUN
fbem-26183	32	24	ability	ability	NOUN
fbem-26183	32	25	,	,	PUNCT
fbem-26183	32	26	thus	thus	ADV
fbem-26183	32	27	reducing	reduce	VERB
fbem-26183	32	28	the	the	DET
fbem-26183	32	29	difficulty	difficulty	NOUN
fbem-26183	32	30	and	and	CCONJ
fbem-26183	32	31	cost	cost	NOUN
fbem-26183	32	32	of	of	ADP
fbem-26183	32	33	financing	financing	NOUN
fbem-26183	32	34	.	.	PUNCT
fbem-26183	33	1	3	3	X
fbem-26183	33	2	.	.	X
fbem-26183	33	3	relevant	relevant	ADJ
fbem-26183	33	4	theories	theory	NOUN
fbem-26183	33	5	and	and	CCONJ
fbem-26183	33	6	hypothesis	hypothesis	NOUN
fbem-26183	33	7	in	in	ADP
fbem-26183	33	8	the	the	DET
fbem-26183	33	9	mm	mm	PROPN
fbem-26183	33	10	theoretical	theoretical	ADJ
fbem-26183	33	11	framework	framework	NOUN
fbem-26183	33	12	of	of	ADP
fbem-26183	33	13	modigliani	modigliani	PROPN
fbem-26183	33	14	and	and	CCONJ
fbem-26183	33	15	miller	miller	PROPN
fbem-26183	33	16	,	,	PUNCT
fbem-26183	33	17	a	a	DET
fbem-26183	33	18	core	core	NOUN
fbem-26183	33	19	assumption	assumption	NOUN
fbem-26183	33	20	is	be	AUX
fbem-26183	33	21	that	that	SCONJ
fbem-26183	33	22	the	the	DET
fbem-26183	33	23	capital	capital	NOUN
fbem-26183	33	24	market	market	NOUN
fbem-26183	33	25	is	be	AUX
fbem-26183	33	26	completely	completely	ADV
fbem-26183	33	27	competitive	competitive	ADJ
fbem-26183	33	28	,	,	PUNCT
fbem-26183	33	29	there	there	PRON
fbem-26183	33	30	is	be	VERB
fbem-26183	33	31	no	no	DET
fbem-26183	33	32	transaction	transaction	NOUN
fbem-26183	33	33	cost	cost	NOUN
fbem-26183	33	34	,	,	PUNCT
fbem-26183	33	35	and	and	CCONJ
fbem-26183	33	36	all	all	DET
fbem-26183	33	37	market	market	NOUN
fbem-26183	33	38	138	138	NUM
fbem-26183	33	39	participants	participant	NOUN
fbem-26183	33	40	can	can	AUX
fbem-26183	33	41	obtain	obtain	VERB
fbem-26183	33	42	complete	complete	ADJ
fbem-26183	33	43	information	information	NOUN
fbem-26183	33	44	.	.	PUNCT
fbem-26183	34	1	however	however	ADV
fbem-26183	34	2	,	,	PUNCT
fbem-26183	34	3	the	the	DET
fbem-26183	34	4	real	real	ADJ
fbem-26183	34	5	world	world	NOUN
fbem-26183	34	6	market	market	NOUN
fbem-26183	34	7	is	be	AUX
fbem-26183	34	8	far	far	ADV
fbem-26183	34	9	from	from	ADP
fbem-26183	34	10	ideal	ideal	ADJ
fbem-26183	34	11	and	and	CCONJ
fbem-26183	34	12	information	information	NOUN
fbem-26183	34	13	differences	difference	NOUN
fbem-26183	34	14	is	be	AUX
fbem-26183	34	15	the	the	DET
fbem-26183	34	16	norm	norm	NOUN
fbem-26183	34	17	.	.	PUNCT
fbem-26183	35	1	in	in	ADP
fbem-26183	35	2	order	order	NOUN
fbem-26183	35	3	to	to	PART
fbem-26183	35	4	make	make	VERB
fbem-26183	35	5	more	more	ADV
fbem-26183	35	6	informed	informed	ADJ
fbem-26183	35	7	investment	investment	NOUN
fbem-26183	35	8	decisions	decision	NOUN
fbem-26183	35	9	,	,	PUNCT
fbem-26183	35	10	investors	investor	NOUN
fbem-26183	35	11	must	must	AUX
fbem-26183	35	12	strive	strive	VERB
fbem-26183	35	13	to	to	PART
fbem-26183	35	14	obtain	obtain	VERB
fbem-26183	35	15	more	more	ADJ
fbem-26183	35	16	information	information	NOUN
fbem-26183	35	17	and	and	CCONJ
fbem-26183	35	18	assess	assess	VERB
fbem-26183	35	19	the	the	DET
fbem-26183	35	20	accuracy	accuracy	NOUN
fbem-26183	35	21	of	of	ADP
fbem-26183	35	22	this	this	DET
fbem-26183	35	23	information	information	NOUN
fbem-26183	35	24	,	,	PUNCT
fbem-26183	35	25	which	which	PRON
fbem-26183	35	26	naturally	naturally	ADV
fbem-26183	35	27	results	result	VERB
fbem-26183	35	28	in	in	ADP
fbem-26183	35	29	information	information	NOUN
fbem-26183	35	30	costs	cost	NOUN
fbem-26183	35	31	.	.	PUNCT
fbem-26183	36	1	by	by	ADP
fbem-26183	36	2	improving	improve	VERB
fbem-26183	36	3	the	the	DET
fbem-26183	36	4	level	level	NOUN
fbem-26183	36	5	of	of	ADP
fbem-26183	36	6	information	information	NOUN
fbem-26183	36	7	disclosure	disclosure	NOUN
fbem-26183	36	8	,	,	PUNCT
fbem-26183	36	9	enterprises	enterprise	NOUN
fbem-26183	36	10	can	can	AUX
fbem-26183	36	11	effectively	effectively	ADV
fbem-26183	36	12	reduce	reduce	VERB
fbem-26183	36	13	the	the	DET
fbem-26183	36	14	problem	problem	NOUN
fbem-26183	36	15	of	of	ADP
fbem-26183	36	16	information	information	NOUN
fbem-26183	36	17	differences	difference	NOUN
fbem-26183	36	18	,	,	PUNCT
fbem-26183	36	19	thus	thus	ADV
fbem-26183	36	20	improving	improve	VERB
fbem-26183	36	21	the	the	DET
fbem-26183	36	22	operation	operation	NOUN
fbem-26183	36	23	efficiency	efficiency	NOUN
fbem-26183	36	24	of	of	ADP
fbem-26183	36	25	capital	capital	NOUN
fbem-26183	36	26	market	market	NOUN
fbem-26183	36	27	and	and	CCONJ
fbem-26183	36	28	the	the	DET
fbem-26183	36	29	rational	rational	ADJ
fbem-26183	36	30	allocation	allocation	NOUN
fbem-26183	36	31	of	of	ADP
fbem-26183	36	32	resources	resource	NOUN
fbem-26183	36	33	,	,	PUNCT
fbem-26183	36	34	as	as	SCONJ
fbem-26183	36	35	shown	show	VERB
fbem-26183	36	36	by	by	ADP
fbem-26183	36	37	the	the	DET
fbem-26183	36	38	research	research	NOUN
fbem-26183	36	39	of	of	ADP
fbem-26183	36	40	liu	liu	PROPN
fbem-26183	36	41	dongbo	dongbo	PROPN
fbem-26183	36	42	(	(	PUNCT
fbem-26183	36	43	2018	2018	NUM
fbem-26183	36	44	)	)	PUNCT
fbem-26183	36	45	.	.	PUNCT
fbem-26183	37	1	however	however	ADV
fbem-26183	37	2	,	,	PUNCT
fbem-26183	37	3	the	the	DET
fbem-26183	37	4	disclosure	disclosure	NOUN
fbem-26183	37	5	of	of	ADP
fbem-26183	37	6	key	key	ADJ
fbem-26183	37	7	audit	audit	NOUN
fbem-26183	37	8	matters	matter	NOUN
fbem-26183	37	9	may	may	AUX
fbem-26183	37	10	increase	increase	VERB
fbem-26183	37	11	the	the	DET
fbem-26183	37	12	audit	audit	NOUN
fbem-26183	37	13	risk	risk	NOUN
fbem-26183	37	14	and	and	CCONJ
fbem-26183	37	15	increase	increase	VERB
fbem-26183	37	16	the	the	DET
fbem-26183	37	17	financing	financing	NOUN
fbem-26183	37	18	constraint	constraint	NOUN
fbem-26183	37	19	.	.	PUNCT
fbem-26183	38	1	the	the	DET
fbem-26183	38	2	disclosure	disclosure	NOUN
fbem-26183	38	3	of	of	ADP
fbem-26183	38	4	key	key	ADJ
fbem-26183	38	5	audit	audit	NOUN
fbem-26183	38	6	matters	matter	NOUN
fbem-26183	38	7	requires	require	VERB
fbem-26183	38	8	auditors	auditor	NOUN
fbem-26183	38	9	to	to	PART
fbem-26183	38	10	identify	identify	VERB
fbem-26183	38	11	and	and	CCONJ
fbem-26183	38	12	report	report	VERB
fbem-26183	38	13	in	in	ADP
fbem-26183	38	14	the	the	DET
fbem-26183	38	15	audit	audit	NOUN
fbem-26183	38	16	process	process	NOUN
fbem-26183	38	17	what	what	PRON
fbem-26183	38	18	they	they	PRON
fbem-26183	38	19	consider	consider	VERB
fbem-26183	38	20	to	to	PART
fbem-26183	38	21	be	be	AUX
fbem-26183	38	22	the	the	DET
fbem-26183	38	23	most	most	ADV
fbem-26183	38	24	critical	critical	ADJ
fbem-26183	38	25	issues	issue	NOUN
fbem-26183	38	26	,	,	PUNCT
fbem-26183	38	27	which	which	PRON
fbem-26183	38	28	are	be	AUX
fbem-26183	38	29	generally	generally	ADV
fbem-26183	38	30	related	relate	VERB
fbem-26183	38	31	to	to	ADP
fbem-26183	38	32	higher	high	ADJ
fbem-26183	38	33	audit	audit	NOUN
fbem-26183	38	34	risks	risk	NOUN
fbem-26183	38	35	.	.	PUNCT
fbem-26183	39	1	therefore	therefore	ADV
fbem-26183	39	2	,	,	PUNCT
fbem-26183	39	3	disclosure	disclosure	NOUN
fbem-26183	39	4	of	of	ADP
fbem-26183	39	5	these	these	DET
fbem-26183	39	6	matters	matter	NOUN
fbem-26183	39	7	may	may	AUX
fbem-26183	39	8	expose	expose	VERB
fbem-26183	39	9	the	the	DET
fbem-26183	39	10	company	company	NOUN
fbem-26183	39	11	to	to	ADP
fbem-26183	39	12	higher	high	ADJ
fbem-26183	39	13	audit	audit	NOUN
fbem-26183	39	14	risk	risk	NOUN
fbem-26183	39	15	,	,	PUNCT
fbem-26183	39	16	especially	especially	ADV
fbem-26183	39	17	when	when	SCONJ
fbem-26183	39	18	these	these	DET
fbem-26183	39	19	issues	issue	NOUN
fbem-26183	39	20	involve	involve	VERB
fbem-26183	39	21	significant	significant	ADJ
fbem-26183	39	22	uncertainties	uncertainty	NOUN
fbem-26183	39	23	or	or	CCONJ
fbem-26183	39	24	judgements	judgement	NOUN
fbem-26183	39	25	.	.	PUNCT
fbem-26183	40	1	if	if	SCONJ
fbem-26183	40	2	the	the	DET
fbem-26183	40	3	number	number	NOUN
fbem-26183	40	4	of	of	ADP
fbem-26183	40	5	key	key	ADJ
fbem-26183	40	6	audit	audit	NOUN
fbem-26183	40	7	matters	matter	NOUN
fbem-26183	40	8	is	be	AUX
fbem-26183	40	9	large	large	ADJ
fbem-26183	40	10	or	or	CCONJ
fbem-26183	40	11	significant	significant	ADJ
fbem-26183	40	12	issues	issue	NOUN
fbem-26183	40	13	are	be	AUX
fbem-26183	40	14	involved	involve	VERB
fbem-26183	40	15	,	,	PUNCT
fbem-26183	40	16	creditors	creditor	NOUN
fbem-26183	40	17	may	may	AUX
fbem-26183	40	18	consider	consider	VERB
fbem-26183	40	19	the	the	DET
fbem-26183	40	20	credit	credit	NOUN
fbem-26183	40	21	risk	risk	NOUN
fbem-26183	40	22	of	of	ADP
fbem-26183	40	23	the	the	DET
fbem-26183	40	24	enterprise	enterprise	NOUN
fbem-26183	40	25	to	to	PART
fbem-26183	40	26	be	be	AUX
fbem-26183	40	27	high	high	ADJ
fbem-26183	40	28	and	and	CCONJ
fbem-26183	40	29	may	may	AUX
fbem-26183	40	30	therefore	therefore	ADV
fbem-26183	40	31	demand	demand	VERB
fbem-26183	40	32	higher	high	ADJ
fbem-26183	40	33	interest	interest	NOUN
fbem-26183	40	34	rates	rate	NOUN
fbem-26183	40	35	or	or	CCONJ
fbem-26183	40	36	impose	impose	VERB
fbem-26183	40	37	more	more	ADV
fbem-26183	40	38	stringent	stringent	ADJ
fbem-26183	40	39	financing	financing	NOUN
fbem-26183	40	40	terms	term	NOUN
fbem-26183	40	41	.	.	PUNCT
fbem-26183	41	1	combined	combine	VERB
fbem-26183	41	2	with	with	ADP
fbem-26183	41	3	the	the	DET
fbem-26183	41	4	above	above	NOUN
fbem-26183	41	5	,	,	PUNCT
fbem-26183	41	6	the	the	DET
fbem-26183	41	7	following	follow	VERB
fbem-26183	41	8	assumptions	assumption	NOUN
fbem-26183	41	9	are	be	AUX
fbem-26183	41	10	put	put	VERB
fbem-26183	41	11	forward	forward	ADV
fbem-26183	41	12	.	.	PUNCT
fbem-26183	42	1	h1	h1	PROPN
fbem-26183	42	2	:	:	PUNCT
fbem-26183	42	3	disclosing	disclose	VERB
fbem-26183	42	4	more	more	ADJ
fbem-26183	42	5	key	key	ADJ
fbem-26183	42	6	audit	audit	NOUN
fbem-26183	42	7	items	item	NOUN
fbem-26183	42	8	will	will	AUX
fbem-26183	42	9	add	add	VERB
fbem-26183	42	10	corporate	corporate	ADJ
fbem-26183	42	11	financing	financing	NOUN
fbem-26183	42	12	constraints	constraint	NOUN
fbem-26183	42	13	.	.	PUNCT
fbem-26183	43	1	yi	yi	PROPN
fbem-26183	43	2	,	,	PUNCT
fbem-26183	43	3	t	t	PROPN
fbem-26183	43	4	=	=	PUNCT
fbem-26183	43	5	α	α	PROPN
fbem-26183	43	6	+	+	X
fbem-26183	43	7	β1xi	β1xi	PROPN
fbem-26183	43	8	,	,	PUNCT
fbem-26183	43	9	t	t	NOUN
fbem-26183	43	10	+	+	X
fbem-26183	43	11	γzi	γzi	PROPN
fbem-26183	43	12	,	,	PUNCT
fbem-26183	43	13	t	t	PROPN
fbem-26183	43	14	+	+	CCONJ
fbem-26183	43	15	μi	μi	PROPN
fbem-26183	43	16	+	+	CCONJ
fbem-26183	43	17	δt	δt	X
fbem-26183	43	18	+	+	CCONJ
fbem-26183	43	19	εi	εi	VERB
fbem-26183	43	20	,	,	PUNCT
fbem-26183	43	21	t	t	PROPN
fbem-26183	43	22	board	board	NOUN
fbem-26183	43	23	of	of	ADP
fbem-26183	43	24	directors	director	NOUN
fbem-26183	43	25	represents	represent	VERB
fbem-26183	43	26	the	the	DET
fbem-26183	43	27	interests	interest	NOUN
fbem-26183	43	28	of	of	ADP
fbem-26183	43	29	shareholders	shareholder	NOUN
fbem-26183	43	30	to	to	ADP
fbem-26183	43	31	a	a	DET
fbem-26183	43	32	certain	certain	ADJ
fbem-26183	43	33	extent	extent	NOUN
fbem-26183	43	34	,	,	PUNCT
fbem-26183	43	35	thus	thus	ADV
fbem-26183	43	36	affecting	affect	VERB
fbem-26183	43	37	the	the	DET
fbem-26183	43	38	company	company	NOUN
fbem-26183	43	39	's	's	PART
fbem-26183	43	40	decisionmaking	decisionmaking	NOUN
fbem-26183	43	41	and	and	CCONJ
fbem-26183	43	42	disclosure	disclosure	NOUN
fbem-26183	43	43	.	.	PUNCT
fbem-26183	44	1	different	different	ADJ
fbem-26183	44	2	board	board	NOUN
fbem-26183	44	3	sizes	size	NOUN
fbem-26183	44	4	may	may	AUX
fbem-26183	44	5	lead	lead	VERB
fbem-26183	44	6	to	to	ADP
fbem-26183	44	7	different	different	ADJ
fbem-26183	44	8	opinions	opinion	NOUN
fbem-26183	44	9	on	on	ADP
fbem-26183	44	10	risk	risk	NOUN
fbem-26183	44	11	identification	identification	NOUN
fbem-26183	44	12	and	and	CCONJ
fbem-26183	44	13	response	response	NOUN
fbem-26183	44	14	,	,	PUNCT
fbem-26183	44	15	and	and	CCONJ
fbem-26183	44	16	then	then	ADV
fbem-26183	44	17	affect	affect	VERB
fbem-26183	44	18	the	the	DET
fbem-26183	44	19	company	company	NOUN
fbem-26183	44	20	's	's	PART
fbem-26183	44	21	financing	financing	NOUN
fbem-26183	44	22	strategy	strategy	NOUN
fbem-26183	44	23	and	and	CCONJ
fbem-26183	44	24	decisionmaking	decisionmaking	NOUN
fbem-26183	44	25	.	.	PUNCT
fbem-26183	45	1	a	a	DET
fbem-26183	45	2	large	large	ADJ
fbem-26183	45	3	-	-	PUNCT
fbem-26183	45	4	scale	scale	NOUN
fbem-26183	45	5	board	board	NOUN
fbem-26183	45	6	of	of	ADP
fbem-26183	45	7	directors	director	NOUN
fbem-26183	45	8	may	may	AUX
fbem-26183	45	9	make	make	VERB
fbem-26183	45	10	accurate	accurate	ADJ
fbem-26183	45	11	decisions	decision	NOUN
fbem-26183	45	12	more	more	ADV
fbem-26183	45	13	effectively	effectively	ADV
fbem-26183	45	14	.	.	PUNCT
fbem-26183	46	1	the	the	DET
fbem-26183	46	2	board	board	NOUN
fbem-26183	46	3	of	of	ADP
fbem-26183	46	4	directors	director	NOUN
fbem-26183	46	5	plays	play	VERB
fbem-26183	46	6	an	an	DET
fbem-26183	46	7	important	important	ADJ
fbem-26183	46	8	role	role	NOUN
fbem-26183	46	9	in	in	ADP
fbem-26183	46	10	risk	risk	NOUN
fbem-26183	46	11	management	management	NOUN
fbem-26183	46	12	.	.	PUNCT
fbem-26183	47	1	combined	combine	VERB
fbem-26183	47	2	with	with	ADP
fbem-26183	47	3	the	the	DET
fbem-26183	47	4	above	above	NOUN
fbem-26183	47	5	,	,	PUNCT
fbem-26183	47	6	the	the	DET
fbem-26183	47	7	following	follow	VERB
fbem-26183	47	8	assumptions	assumption	NOUN
fbem-26183	47	9	are	be	AUX
fbem-26183	47	10	put	put	VERB
fbem-26183	47	11	forward	forward	ADV
fbem-26183	47	12	.	.	PUNCT
fbem-26183	48	1	h2	h2	NOUN
fbem-26183	48	2	:	:	PUNCT
fbem-26183	48	3	the	the	PRON
fbem-26183	48	4	bigger	big	ADJ
fbem-26183	48	5	the	the	DET
fbem-26183	48	6	board	board	NOUN
fbem-26183	48	7	of	of	ADP
fbem-26183	48	8	directors	director	NOUN
fbem-26183	48	9	,	,	PUNCT
fbem-26183	48	10	the	the	DET
fbem-26183	48	11	more	more	ADV
fbem-26183	48	12	relaxed	relaxed	ADJ
fbem-26183	48	13	the	the	DET
fbem-26183	48	14	financing	financing	NOUN
fbem-26183	48	15	constraints	constraint	NOUN
fbem-26183	48	16	.	.	PUNCT
fbem-26183	49	1	4	4	X
fbem-26183	49	2	.	.	X
fbem-26183	49	3	research	research	NOUN
fbem-26183	49	4	design	design	NOUN
fbem-26183	49	5	4.1	4.1	NUM
fbem-26183	49	6	.	.	PUNCT
fbem-26183	50	1	data	datum	NOUN
fbem-26183	50	2	and	and	CCONJ
fbem-26183	50	3	samples	sample	NOUN
fbem-26183	50	4	this	this	DET
fbem-26183	50	5	paper	paper	NOUN
fbem-26183	50	6	takes	take	VERB
fbem-26183	50	7	the	the	DET
fbem-26183	50	8	a	a	DET
fbem-26183	50	9	-	-	PUNCT
fbem-26183	50	10	share	share	NOUN
fbem-26183	50	11	listed	list	VERB
fbem-26183	50	12	companies	company	NOUN
fbem-26183	50	13	from	from	ADP
fbem-26183	50	14	2016	2016	NUM
fbem-26183	50	15	to	to	ADP
fbem-26183	50	16	2022	2022	NUM
fbem-26183	50	17	as	as	ADP
fbem-26183	50	18	the	the	DET
fbem-26183	50	19	research	research	NOUN
fbem-26183	50	20	object	object	NOUN
fbem-26183	50	21	,	,	PUNCT
fbem-26183	50	22	excludes	exclude	VERB
fbem-26183	50	23	the	the	DET
fbem-26183	50	24	financial	financial	ADJ
fbem-26183	50	25	industry	industry	NOUN
fbem-26183	50	26	,	,	PUNCT
fbem-26183	50	27	st	st	PROPN
fbem-26183	50	28	and	and	CCONJ
fbem-26183	50	29	st	st	PROPN
fbem-26183	50	30	*	*	PROPN
fbem-26183	50	31	enterprises	enterprise	NOUN
fbem-26183	50	32	,	,	PUNCT
fbem-26183	50	33	and	and	CCONJ
fbem-26183	50	34	enterprises	enterprise	NOUN
fbem-26183	50	35	lacking	lack	VERB
fbem-26183	50	36	important	important	ADJ
fbem-26183	50	37	data	datum	NOUN
fbem-26183	50	38	,	,	PUNCT
fbem-26183	50	39	and	and	CCONJ
fbem-26183	50	40	performs	perform	VERB
fbem-26183	50	41	tail	tail	NOUN
fbem-26183	50	42	reduction	reduction	NOUN
fbem-26183	50	43	on	on	ADP
fbem-26183	50	44	the	the	DET
fbem-26183	50	45	continuous	continuous	ADJ
fbem-26183	50	46	variables	variable	NOUN
fbem-26183	50	47	involved	involve	VERB
fbem-26183	50	48	.	.	PUNCT
fbem-26183	51	1	the	the	DET
fbem-26183	51	2	data	datum	NOUN
fbem-26183	51	3	of	of	ADP
fbem-26183	51	4	relevant	relevant	ADJ
fbem-26183	51	5	enterprises	enterprise	NOUN
fbem-26183	51	6	are	be	AUX
fbem-26183	51	7	from	from	ADP
fbem-26183	51	8	csmr	csmr	PROPN
fbem-26183	51	9	database	database	NOUN
fbem-26183	51	10	.	.	PUNCT
fbem-26183	52	1	4.2	4.2	NUM
fbem-26183	52	2	.	.	PUNCT
fbem-26183	52	3	models	model	NOUN
fbem-26183	52	4	and	and	CCONJ
fbem-26183	52	5	variables	variable	NOUN
fbem-26183	52	6	this	this	DET
fbem-26183	52	7	paper	paper	NOUN
fbem-26183	52	8	uses	use	VERB
fbem-26183	52	9	fixed	fix	VERB
fbem-26183	52	10	effect	effect	NOUN
fbem-26183	52	11	regression	regression	NOUN
fbem-26183	52	12	model	model	NOUN
fbem-26183	52	13	to	to	PART
fbem-26183	52	14	examine	examine	VERB
fbem-26183	52	15	how	how	SCONJ
fbem-26183	52	16	key	key	ADJ
fbem-26183	52	17	audit	audit	NOUN
fbem-26183	52	18	issues	issue	NOUN
fbem-26183	52	19	affect	affect	VERB
fbem-26183	52	20	corporate	corporate	ADJ
fbem-26183	52	21	financing	financing	NOUN
fbem-26183	52	22	constraints	constraint	NOUN
fbem-26183	52	23	.	.	PUNCT
fbem-26183	53	1	this	this	DET
fbem-26183	53	2	model	model	NOUN
fbem-26183	53	3	allows	allow	VERB
fbem-26183	53	4	us	we	PRON
fbem-26183	53	5	to	to	PART
fbem-26183	53	6	accurately	accurately	ADV
fbem-26183	53	7	identify	identify	VERB
fbem-26183	53	8	and	and	CCONJ
fbem-26183	53	9	control	control	VERB
fbem-26183	53	10	the	the	DET
fbem-26183	53	11	impact	impact	NOUN
fbem-26183	53	12	of	of	ADP
fbem-26183	53	13	individual	individual	ADJ
fbem-26183	53	14	corporate	corporate	ADJ
fbem-26183	53	15	characteristics	characteristic	NOUN
fbem-26183	53	16	on	on	ADP
fbem-26183	53	17	financing	financing	NOUN
fbem-26183	53	18	constraints	constraint	NOUN
fbem-26183	53	19	,	,	PUNCT
fbem-26183	53	20	thus	thus	ADV
fbem-26183	53	21	more	more	ADV
fbem-26183	53	22	accurately	accurately	ADV
fbem-26183	53	23	analyzing	analyze	VERB
fbem-26183	53	24	the	the	DET
fbem-26183	53	25	role	role	NOUN
fbem-26183	53	26	of	of	ADP
fbem-26183	53	27	key	key	ADJ
fbem-26183	53	28	audit	audit	NOUN
fbem-26183	53	29	issues	issue	NOUN
fbem-26183	53	30	in	in	ADP
fbem-26183	53	31	it	it	PRON
fbem-26183	53	32	.	.	PUNCT
fbem-26183	54	1	4.2.1	4.2.1	X
fbem-26183	54	2	.	.	PUNCT
fbem-26183	54	3	interpreted	interpret	VERB
fbem-26183	54	4	variables	variable	NOUN
fbem-26183	54	5	this	this	DET
fbem-26183	54	6	paper	paper	NOUN
fbem-26183	54	7	uses	use	VERB
fbem-26183	54	8	sa	sa	PROPN
fbem-26183	54	9	index	index	NOUN
fbem-26183	54	10	to	to	PART
fbem-26183	54	11	measure	measure	VERB
fbem-26183	54	12	the	the	DET
fbem-26183	54	13	degree	degree	NOUN
fbem-26183	54	14	of	of	ADP
fbem-26183	54	15	corporate	corporate	ADJ
fbem-26183	54	16	financing	financing	NOUN
fbem-26183	54	17	constraints	constraint	NOUN
fbem-26183	54	18	.	.	PUNCT
fbem-26183	55	1	y	y	PROPN
fbem-26183	55	2	is	be	AUX
fbem-26183	55	3	the	the	DET
fbem-26183	55	4	interpreted	interpret	VERB
fbem-26183	55	5	variable	variable	NOUN
fbem-26183	55	6	.	.	PUNCT
fbem-26183	56	1	according	accord	VERB
fbem-26183	56	2	to	to	ADP
fbem-26183	56	3	the	the	DET
fbem-26183	56	4	formula	formula	NOUN
fbem-26183	56	5	used	use	VERB
fbem-26183	56	6	,	,	PUNCT
fbem-26183	56	7	the	the	DET
fbem-26183	56	8	calculated	calculate	VERB
fbem-26183	56	9	sa	sa	NOUN
fbem-26183	56	10	index	index	NOUN
fbem-26183	56	11	is	be	AUX
fbem-26183	56	12	negative	negative	ADJ
fbem-26183	56	13	,	,	PUNCT
fbem-26183	56	14	which	which	PRON
fbem-26183	56	15	means	mean	VERB
fbem-26183	56	16	that	that	SCONJ
fbem-26183	56	17	with	with	ADP
fbem-26183	56	18	the	the	DET
fbem-26183	56	19	increase	increase	NOUN
fbem-26183	56	20	of	of	ADP
fbem-26183	56	21	sa	sa	PROPN
fbem-26183	56	22	index	index	PROPN
fbem-26183	56	23	,	,	PUNCT
fbem-26183	56	24	the	the	DET
fbem-26183	56	25	intensity	intensity	NOUN
fbem-26183	56	26	of	of	ADP
fbem-26183	56	27	financing	financing	NOUN
fbem-26183	56	28	constraints	constraint	NOUN
fbem-26183	56	29	faced	face	VERB
fbem-26183	56	30	by	by	ADP
fbem-26183	56	31	enterprises	enterprise	NOUN
fbem-26183	56	32	will	will	AUX
fbem-26183	56	33	also	also	ADV
fbem-26183	56	34	increase	increase	VERB
fbem-26183	56	35	accordingly	accordingly	ADV
fbem-26183	56	36	.	.	PUNCT
fbem-26183	57	1	4.2.2	4.2.2	X
fbem-26183	57	2	.	.	PUNCT
fbem-26183	57	3	explanatory	explanatory	ADJ
fbem-26183	57	4	variables	variable	NOUN
fbem-26183	57	5	based	base	VERB
fbem-26183	57	6	on	on	ADP
fbem-26183	57	7	the	the	DET
fbem-26183	57	8	assumptions	assumption	NOUN
fbem-26183	57	9	in	in	ADP
fbem-26183	57	10	this	this	DET
fbem-26183	57	11	paper	paper	NOUN
fbem-26183	57	12	,	,	PUNCT
fbem-26183	57	13	the	the	DET
fbem-26183	57	14	disclosure	disclosure	NOUN
fbem-26183	57	15	characteristics	characteristic	NOUN
fbem-26183	57	16	of	of	ADP
fbem-26183	57	17	key	key	ADJ
fbem-26183	57	18	audit	audit	NOUN
fbem-26183	57	19	matters	matter	NOUN
fbem-26183	57	20	are	be	AUX
fbem-26183	57	21	used	use	VERB
fbem-26183	57	22	as	as	ADP
fbem-26183	57	23	the	the	DET
fbem-26183	57	24	explanatory	explanatory	ADJ
fbem-26183	57	25	variable	variable	NOUN
fbem-26183	57	26	,	,	PUNCT
fbem-26183	57	27	and	and	CCONJ
fbem-26183	57	28	the	the	DET
fbem-26183	57	29	disclosure	disclosure	NOUN
fbem-26183	57	30	amount	amount	NOUN
fbem-26183	57	31	of	of	ADP
fbem-26183	57	32	key	key	ADJ
fbem-26183	57	33	audit	audit	NOUN
fbem-26183	57	34	matters	matter	NOUN
fbem-26183	57	35	is	be	AUX
fbem-26183	57	36	x.	x.	NOUN
fbem-26183	57	37	the	the	DET
fbem-26183	57	38	amounts	amount	NOUN
fbem-26183	57	39	disclosed	disclose	VERB
fbem-26183	57	40	for	for	ADP
fbem-26183	57	41	key	key	ADJ
fbem-26183	57	42	audit	audit	NOUN
fbem-26183	57	43	matters	matter	NOUN
fbem-26183	57	44	are	be	AUX
fbem-26183	57	45	based	base	VERB
fbem-26183	57	46	on	on	ADP
fbem-26183	57	47	actual	actual	ADJ
fbem-26183	57	48	conditions	condition	NOUN
fbem-26183	57	49	.	.	PUNCT
fbem-26183	58	1	4.2.3	4.2.3	X
fbem-26183	58	2	.	.	PUNCT
fbem-26183	59	1	regulating	regulate	VERB
fbem-26183	59	2	variables	variable	NOUN
fbem-26183	59	3	and	and	CCONJ
fbem-26183	59	4	control	control	NOUN
fbem-26183	59	5	variables	variable	NOUN
fbem-26183	59	6	this	this	DET
fbem-26183	59	7	paper	paper	NOUN
fbem-26183	59	8	refers	refer	VERB
fbem-26183	59	9	to	to	ADP
fbem-26183	59	10	the	the	DET
fbem-26183	59	11	empirical	empirical	ADJ
fbem-26183	59	12	model	model	NOUN
fbem-26183	59	13	of	of	ADP
fbem-26183	59	14	wang	wang	PROPN
fbem-26183	59	15	ruikun	ruikun	PROPN
fbem-26183	59	16	(	(	PUNCT
fbem-26183	59	17	2021	2021	NUM
fbem-26183	59	18	)	)	PUNCT
fbem-26183	59	19	and	and	CCONJ
fbem-26183	59	20	other	other	ADJ
fbem-26183	59	21	scholars	scholar	NOUN
fbem-26183	59	22	,	,	PUNCT
fbem-26183	59	23	taking	take	VERB
fbem-26183	59	24	growth	growth	NOUN
fbem-26183	59	25	,	,	PUNCT
fbem-26183	59	26	lev	lev	NOUN
fbem-26183	59	27	,	,	PUNCT
fbem-26183	59	28	bm	bm	PROPN
fbem-26183	59	29	,	,	PUNCT
fbem-26183	59	30	roa1	roa1	PROPN
fbem-26183	59	31	,	,	PUNCT
fbem-26183	59	32	dual	dual	ADJ
fbem-26183	59	33	,	,	PUNCT
fbem-26183	59	34	big4	big4	NOUN
fbem-26183	59	35	,	,	PUNCT
fbem-26183	59	36	liquid	liquid	NOUN
fbem-26183	59	37	as	as	ADP
fbem-26183	59	38	the	the	DET
fbem-26183	59	39	control	control	NOUN
fbem-26183	59	40	variables	variable	VERB
fbem-26183	59	41	.	.	PUNCT
fbem-26183	60	1	and	and	CCONJ
fbem-26183	60	2	the	the	DET
fbem-26183	60	3	board	board	NOUN
fbem-26183	60	4	size	size	NOUN
fbem-26183	60	5	was	be	AUX
fbem-26183	60	6	used	use	VERB
fbem-26183	60	7	as	as	ADP
fbem-26183	60	8	the	the	DET
fbem-26183	60	9	adjusting	adjust	VERB
fbem-26183	60	10	variable	variable	NOUN
fbem-26183	60	11	.	.	PUNCT
fbem-26183	61	1	see	see	VERB
fbem-26183	61	2	the	the	DET
fbem-26183	61	3	following	follow	VERB
fbem-26183	61	4	table	table	NOUN
fbem-26183	61	5	for	for	ADP
fbem-26183	61	6	the	the	DET
fbem-26183	61	7	definition	definition	NOUN
fbem-26183	61	8	of	of	ADP
fbem-26183	61	9	variables	variable	NOUN
fbem-26183	61	10	(	(	PUNCT
fbem-26183	61	11	table	table	NOUN
fbem-26183	61	12	1	1	NUM
fbem-26183	61	13	):	):	PUNCT
fbem-26183	61	14	table	table	NOUN
fbem-26183	61	15	1	1	NUM
fbem-26183	61	16	.	.	PUNCT
fbem-26183	62	1	definition	definition	NOUN
fbem-26183	62	2	of	of	ADP
fbem-26183	62	3	variables	variable	NOUN
fbem-26183	62	4	type	type	NOUN
fbem-26183	62	5	of	of	ADP
fbem-26183	62	6	variable	variable	ADJ
fbem-26183	62	7	variable	variable	ADJ
fbem-26183	62	8	name	name	NOUN
fbem-26183	62	9	variable	variable	ADJ
fbem-26183	62	10	symbol	symbol	NOUN
fbem-26183	62	11	definition	definition	NOUN
fbem-26183	62	12	explained	explain	VERB
fbem-26183	62	13	variable	variable	ADJ
fbem-26183	62	14	financing	financing	NOUN
fbem-26183	62	15	constraints	constraint	NOUN
fbem-26183	62	16	1	1	NUM
fbem-26183	62	17	sa	sa	PROPN
fbem-26183	62	18	sa	sa	PROPN
fbem-26183	62	19	index	index	PROPN
fbem-26183	62	20	substitute	substitute	PROPN
fbem-26183	62	21	variable	variable	ADJ
fbem-26183	62	22	financing	financing	NOUN
fbem-26183	62	23	constraints	constraint	NOUN
fbem-26183	62	24	2	2	NUM
fbem-26183	62	25	ww	ww	PROPN
fbem-26183	62	26	ww	ww	PROPN
fbem-26183	62	27	index	index	NOUN
fbem-26183	62	28	substitute	substitute	NOUN
fbem-26183	62	29	variable	variable	ADJ
fbem-26183	62	30	financing	financing	NOUN
fbem-26183	62	31	constraints	constraint	NOUN
fbem-26183	62	32	3	3	NUM
fbem-26183	62	33	fc	fc	PROPN
fbem-26183	62	34	fc	fc	PROPN
fbem-26183	62	35	index	index	PROPN
fbem-26183	62	36	substitute	substitute	PROPN
fbem-26183	62	37	variable	variable	ADJ
fbem-26183	62	38	financing	financing	NOUN
fbem-26183	62	39	constraints	constraint	NOUN
fbem-26183	62	40	4	4	NUM
fbem-26183	62	41	kz	kz	PROPN
fbem-26183	62	42	kz	kz	PROPN
fbem-26183	62	43	index	index	PROPN
fbem-26183	62	44	explanatory	explanatory	ADJ
fbem-26183	62	45	variable	variable	ADJ
fbem-26183	62	46	disclosure	disclosure	NOUN
fbem-26183	62	47	of	of	ADP
fbem-26183	62	48	key	key	ADJ
fbem-26183	62	49	audit	audit	NOUN
fbem-26183	62	50	matters	matter	VERB
fbem-26183	62	51	audit	audit	VERB
fbem-26183	62	52	no	no	INTJ
fbem-26183	62	53	.	.	PUNCT
fbem-26183	62	54	number	number	NOUN
fbem-26183	62	55	of	of	ADP
fbem-26183	62	56	key	key	ADJ
fbem-26183	62	57	audit	audit	NOUN
fbem-26183	62	58	matters	matter	NOUN
fbem-26183	62	59	disclosed	disclose	VERB
fbem-26183	62	60	regulated	regulated	ADJ
fbem-26183	62	61	variable	variable	ADJ
fbem-26183	62	62	company	company	NOUN
fbem-26183	62	63	size	size	NOUN
fbem-26183	62	64	size	size	NOUN
fbem-26183	62	65	natural	natural	ADJ
fbem-26183	62	66	logarithm	logarithm	NOUN
fbem-26183	62	67	of	of	ADP
fbem-26183	62	68	the	the	DET
fbem-26183	62	69	annual	annual	ADJ
fbem-26183	62	70	total	total	ADJ
fbem-26183	62	71	assets	asset	NOUN
fbem-26183	62	72	controlled	control	VERB
fbem-26183	62	73	variable	variable	ADJ
fbem-26183	62	74	increase	increase	NOUN
fbem-26183	62	75	rate	rate	NOUN
fbem-26183	62	76	of	of	ADP
fbem-26183	62	77	business	business	NOUN
fbem-26183	62	78	revenue	revenue	NOUN
fbem-26183	62	79	growth	growth	NOUN
fbem-26183	62	80	operating	operate	VERB
fbem-26183	62	81	income	income	NOUN
fbem-26183	62	82	of	of	ADP
fbem-26183	62	83	this	this	DET
fbem-26183	62	84	year	year	NOUN
fbem-26183	62	85	/	/	SYM
fbem-26183	62	86	previous	previous	ADJ
fbem-26183	62	87	year-1	year-1	NUM
fbem-26183	62	88	controlled	control	VERB
fbem-26183	62	89	variable	variable	ADJ
fbem-26183	62	90	asset	asset	NOUN
fbem-26183	62	91	-	-	PUNCT
fbem-26183	62	92	liability	liability	NOUN
fbem-26183	62	93	ratio	ratio	NOUN
fbem-26183	62	94	lev	lev	NOUN
fbem-26183	62	95	total	total	ADJ
fbem-26183	62	96	liabilities	liability	NOUN
fbem-26183	62	97	/	/	SYM
fbem-26183	62	98	total	total	ADJ
fbem-26183	62	99	assets	asset	NOUN
fbem-26183	62	100	controlled	control	VERB
fbem-26183	62	101	variable	variable	ADJ
fbem-26183	62	102	book	book	NOUN
fbem-26183	62	103	market	market	NOUN
fbem-26183	62	104	value	value	NOUN
fbem-26183	62	105	ratio	ratio	PROPN
fbem-26183	62	106	bm	bm	PROPN
fbem-26183	62	107	book	book	PROPN
fbem-26183	62	108	value	value	NOUN
fbem-26183	62	109	/	/	SYM
fbem-26183	62	110	market	market	NOUN
fbem-26183	62	111	value	value	NOUN
fbem-26183	62	112	controlled	control	VERB
fbem-26183	62	113	variable	variable	ADJ
fbem-26183	62	114	total	total	ADJ
fbem-26183	62	115	capital	capital	NOUN
fbem-26183	62	116	earnings	earning	NOUN
fbem-26183	62	117	rate	rate	NOUN
fbem-26183	62	118	roa1	roa1	NOUN
fbem-26183	62	119	net	net	ADJ
fbem-26183	62	120	income	income	NOUN
fbem-26183	62	121	/	/	SYM
fbem-26183	62	122	total	total	ADJ
fbem-26183	62	123	assets	asset	NOUN
fbem-26183	62	124	controlled	control	VERB
fbem-26183	62	125	variable	variable	ADJ
fbem-26183	62	126	two	two	NUM
fbem-26183	62	127	jobs	job	NOUN
fbem-26183	62	128	in	in	ADP
fbem-26183	62	129	one	one	NUM
fbem-26183	62	130	dual	dual	ADJ
fbem-26183	62	131	whether	whether	SCONJ
fbem-26183	62	132	the	the	DET
fbem-26183	62	133	chairman	chairman	NOUN
fbem-26183	62	134	and	and	CCONJ
fbem-26183	62	135	the	the	DET
fbem-26183	62	136	general	general	ADJ
fbem-26183	62	137	manager	manager	NOUN
fbem-26183	62	138	are	be	AUX
fbem-26183	62	139	the	the	DET
fbem-26183	62	140	same	same	ADJ
fbem-26183	62	141	person	person	NOUN
fbem-26183	62	142	is	be	AUX
fbem-26183	62	143	1	1	NUM
fbem-26183	62	144	,	,	PUNCT
fbem-26183	62	145	otherwise	otherwise	ADV
fbem-26183	62	146	0	0	PUNCT
fbem-26183	63	1	whether	whether	SCONJ
fbem-26183	63	2	the	the	DET
fbem-26183	63	3	four	four	NUM
fbem-26183	63	4	big	big	ADJ
fbem-26183	63	5	whether	whether	SCONJ
fbem-26183	63	6	the	the	DET
fbem-26183	63	7	big	big	ADJ
fbem-26183	63	8	four	four	NUM
fbem-26183	63	9	big4	big4	NOUN
fbem-26183	63	10	whether	whether	SCONJ
fbem-26183	63	11	it	it	PRON
fbem-26183	63	12	is	be	AUX
fbem-26183	63	13	audited	audit	VERB
fbem-26183	63	14	by	by	ADP
fbem-26183	63	15	the	the	DET
fbem-26183	63	16	big	big	ADJ
fbem-26183	63	17	four	four	NUM
fbem-26183	63	18	accounting	accounting	NOUN
fbem-26183	63	19	firms	firm	NOUN
fbem-26183	63	20	,	,	PUNCT
fbem-26183	63	21	it	it	PRON
fbem-26183	63	22	is	be	AUX
fbem-26183	63	23	1	1	NUM
fbem-26183	63	24	,	,	PUNCT
fbem-26183	63	25	otherwise	otherwise	ADV
fbem-26183	63	26	0	0	NUM
fbem-26183	63	27	controlled	control	VERB
fbem-26183	63	28	variable	variable	ADJ
fbem-26183	63	29	liquidity	liquidity	NOUN
fbem-26183	63	30	ratio	ratio	NOUN
fbem-26183	63	31	liquid	liquid	ADJ
fbem-26183	63	32	current	current	ADJ
fbem-26183	63	33	assets	asset	NOUN
fbem-26183	63	34	/	/	SYM
fbem-26183	63	35	current	current	ADJ
fbem-26183	63	36	liabilities	liability	NOUN
fbem-26183	63	37	regulated	regulate	VERB
fbem-26183	63	38	variable	variable	ADJ
fbem-26183	63	39	board	board	NOUN
fbem-26183	63	40	size	size	NOUN
fbem-26183	63	41	board	board	NOUN
fbem-26183	63	42	the	the	DET
fbem-26183	63	43	number	number	NOUN
fbem-26183	63	44	of	of	ADP
fbem-26183	63	45	directors	director	NOUN
fbem-26183	63	46	takes	take	VERB
fbem-26183	63	47	the	the	DET
fbem-26183	63	48	number	number	NOUN
fbem-26183	63	49	of	of	ADP
fbem-26183	63	50	the	the	DET
fbem-26183	63	51	log	log	NOUN
fbem-26183	63	52	139	139	NUM
fbem-26183	63	53	5	5	NUM
fbem-26183	63	54	.	.	PUNCT
fbem-26183	63	55	empirical	empirical	ADJ
fbem-26183	63	56	research	research	NOUN
fbem-26183	63	57	5.1	5.1	NUM
fbem-26183	63	58	.	.	PUNCT
fbem-26183	64	1	descriptive	descriptive	ADJ
fbem-26183	64	2	statistic	statistic	NOUN
fbem-26183	64	3	according	accord	VERB
fbem-26183	64	4	to	to	ADP
fbem-26183	64	5	the	the	DET
fbem-26183	64	6	descriptive	descriptive	ADJ
fbem-26183	64	7	statistical	statistical	ADJ
fbem-26183	64	8	results	result	NOUN
fbem-26183	64	9	in	in	ADP
fbem-26183	64	10	table.2	table.2	PROPN
fbem-26183	64	11	,	,	PUNCT
fbem-26183	64	12	the	the	DET
fbem-26183	64	13	sa	sa	PROPN
fbem-26183	64	14	index	index	NOUN
fbem-26183	64	15	of	of	ADP
fbem-26183	64	16	corporate	corporate	ADJ
fbem-26183	64	17	financing	financing	NOUN
fbem-26183	64	18	constraints	constraint	NOUN
fbem-26183	64	19	is	be	AUX
fbem-26183	64	20	less	less	ADJ
fbem-26183	64	21	than	than	ADP
fbem-26183	64	22	0	0	NUM
fbem-26183	64	23	,	,	PUNCT
fbem-26183	64	24	with	with	ADP
fbem-26183	64	25	an	an	DET
fbem-26183	64	26	average	average	ADJ
fbem-26183	64	27	value	value	NOUN
fbem-26183	64	28	of	of	ADP
fbem-26183	64	29	-3.907	-3.907	PROPN
fbem-26183	64	30	,	,	PUNCT
fbem-26183	64	31	but	but	CCONJ
fbem-26183	64	32	the	the	DET
fbem-26183	64	33	minimum	minimum	ADJ
fbem-26183	64	34	value	value	NOUN
fbem-26183	64	35	and	and	CCONJ
fbem-26183	64	36	the	the	DET
fbem-26183	64	37	maximum	maximum	ADJ
fbem-26183	64	38	value	value	NOUN
fbem-26183	64	39	are	be	AUX
fbem-26183	64	40	quite	quite	ADV
fbem-26183	64	41	different	different	ADJ
fbem-26183	64	42	,	,	PUNCT
fbem-26183	64	43	indicating	indicate	VERB
fbem-26183	64	44	that	that	SCONJ
fbem-26183	64	45	the	the	DET
fbem-26183	64	46	financing	financing	NOUN
fbem-26183	64	47	constraints	constraint	NOUN
fbem-26183	64	48	of	of	ADP
fbem-26183	64	49	enterprises	enterprise	NOUN
fbem-26183	64	50	have	have	VERB
fbem-26183	64	51	some	some	DET
fbem-26183	64	52	differences	difference	NOUN
fbem-26183	64	53	before	before	ADV
fbem-26183	64	54	.	.	PUNCT
fbem-26183	65	1	the	the	DET
fbem-26183	65	2	average	average	ADJ
fbem-26183	65	3	value	value	NOUN
fbem-26183	65	4	of	of	ADP
fbem-26183	65	5	audit	audit	NOUN
fbem-26183	65	6	number	number	NOUN
fbem-26183	65	7	is	be	AUX
fbem-26183	65	8	2.041	2.041	NUM
fbem-26183	65	9	,	,	PUNCT
fbem-26183	65	10	and	and	CCONJ
fbem-26183	65	11	the	the	DET
fbem-26183	65	12	maximum	maximum	ADJ
fbem-26183	65	13	value	value	NOUN
fbem-26183	65	14	is	be	AUX
fbem-26183	65	15	6	6	NUM
fbem-26183	65	16	,	,	PUNCT
fbem-26183	65	17	indicating	indicate	VERB
fbem-26183	65	18	that	that	SCONJ
fbem-26183	65	19	most	most	ADJ
fbem-26183	65	20	enterprises	enterprise	NOUN
fbem-26183	65	21	will	will	AUX
fbem-26183	65	22	disclose	disclose	VERB
fbem-26183	65	23	about	about	ADV
fbem-26183	65	24	2	2	NUM
fbem-26183	65	25	key	key	ADJ
fbem-26183	65	26	audit	audit	NOUN
fbem-26183	65	27	items	item	NOUN
fbem-26183	65	28	,	,	PUNCT
fbem-26183	65	29	and	and	CCONJ
fbem-26183	65	30	some	some	DET
fbem-26183	65	31	enterprises	enterprise	NOUN
fbem-26183	65	32	will	will	AUX
fbem-26183	65	33	disclose	disclose	VERB
fbem-26183	65	34	6	6	NUM
fbem-26183	65	35	key	key	ADJ
fbem-26183	65	36	audit	audit	NOUN
fbem-26183	65	37	items	item	NOUN
fbem-26183	65	38	at	at	ADP
fbem-26183	65	39	most	most	ADV
fbem-26183	65	40	once	once	ADV
fbem-26183	65	41	.	.	PUNCT
fbem-26183	66	1	the	the	DET
fbem-26183	66	2	standard	standard	ADJ
fbem-26183	66	3	deviation	deviation	NOUN
fbem-26183	66	4	of	of	ADP
fbem-26183	66	5	growth	growth	NOUN
fbem-26183	66	6	,	,	PUNCT
fbem-26183	66	7	lev	lev	NOUN
fbem-26183	66	8	,	,	PUNCT
fbem-26183	66	9	bm	bm	PROPN
fbem-26183	66	10	,	,	PUNCT
fbem-26183	66	11	roa1	roa1	PROPN
fbem-26183	66	12	,	,	PUNCT
fbem-26183	66	13	dual	dual	ADJ
fbem-26183	66	14	and	and	CCONJ
fbem-26183	66	15	big4	big4	NOUN
fbem-26183	66	16	is	be	AUX
fbem-26183	66	17	small	small	ADJ
fbem-26183	66	18	,	,	PUNCT
fbem-26183	66	19	and	and	CCONJ
fbem-26183	66	20	the	the	DET
fbem-26183	66	21	gap	gap	NOUN
fbem-26183	66	22	between	between	ADP
fbem-26183	66	23	these	these	DET
fbem-26183	66	24	samples	sample	NOUN
fbem-26183	66	25	is	be	AUX
fbem-26183	66	26	relatively	relatively	ADV
fbem-26183	66	27	small	small	ADJ
fbem-26183	66	28	.	.	PUNCT
fbem-26183	67	1	relatively	relatively	ADV
fbem-26183	67	2	speaking	speak	VERB
fbem-26183	67	3	,	,	PUNCT
fbem-26183	67	4	the	the	DET
fbem-26183	67	5	standard	standard	ADJ
fbem-26183	67	6	deviation	deviation	NOUN
fbem-26183	67	7	of	of	ADP
fbem-26183	67	8	liquidity	liquidity	NOUN
fbem-26183	67	9	and	and	CCONJ
fbem-26183	67	10	size	size	NOUN
fbem-26183	67	11	is	be	AUX
fbem-26183	67	12	greater	great	ADJ
fbem-26183	67	13	than	than	ADP
fbem-26183	67	14	1	1	NUM
fbem-26183	67	15	,	,	PUNCT
fbem-26183	67	16	showing	show	VERB
fbem-26183	67	17	certain	certain	ADJ
fbem-26183	67	18	differences	difference	NOUN
fbem-26183	67	19	.	.	PUNCT
fbem-26183	68	1	table	table	NOUN
fbem-26183	68	2	2	2	NUM
fbem-26183	68	3	.	.	PUNCT
fbem-26183	68	4	descriptive	descriptive	ADJ
fbem-26183	68	5	statistics	statistic	NOUN
fbem-26183	68	6	variable	variable	ADJ
fbem-26183	68	7	obs	obs	PROPN
fbem-26183	68	8	mean	mean	VERB
fbem-26183	68	9	std	std	PROPN
fbem-26183	68	10	.	.	PROPN
fbem-26183	69	1	dev	dev	PROPN
fbem-26183	69	2	.	.	PUNCT
fbem-26183	70	1	min	min	PROPN
fbem-26183	70	2	max	max	PROPN
fbem-26183	70	3	sa	sa	PROPN
fbem-26183	70	4	16041	16041	NUM
fbem-26183	70	5	-3.907	-3.907	PUNCT
fbem-26183	70	6	.247	.247	NUM
fbem-26183	70	7	-4.558	-4.558	NUM
fbem-26183	70	8	-3.187	-3.187	PUNCT
fbem-26183	70	9	ww	ww	PROPN
fbem-26183	70	10	16041	16041	NUM
fbem-26183	70	11	-1.024	-1.024	NUM
fbem-26183	70	12	.076	.076	NUM
fbem-26183	70	13	-1.264	-1.264	PUNCT
fbem-26183	70	14	-.803	-.803	PROPN
fbem-26183	70	15	fc	fc	PROPN
fbem-26183	70	16	16041	16041	NUM
fbem-26183	70	17	.42	.42	NUM
fbem-26183	70	18	.277	.277	NUM
fbem-26183	70	19	0	0	NUM
fbem-26183	70	20	.98	.98	NUM
fbem-26183	70	21	kz	kz	PROPN
fbem-26183	70	22	16041	16041	NUM
fbem-26183	70	23	1.668	1.668	NUM
fbem-26183	70	24	1.97	1.97	NUM
fbem-26183	70	25	-8.693	-8.693	SYM
fbem-26183	70	26	7.37	7.37	NUM
fbem-26183	70	27	audit	audit	NOUN
fbem-26183	70	28	no	no	INTJ
fbem-26183	70	29	.	.	PUNCT
fbem-26183	70	30	16041	16041	NUM
fbem-26183	70	31	2.041	2.041	NUM
fbem-26183	70	32	.647	.647	NUM
fbem-26183	70	33	1	1	NUM
fbem-26183	70	34	6	6	NUM
fbem-26183	70	35	board	board	NOUN
fbem-26183	70	36	16041	16041	NUM
fbem-26183	70	37	2.112	2.112	NUM
fbem-26183	70	38	.195	.195	NUM
fbem-26183	70	39	1.609	1.609	NUM
fbem-26183	70	40	2.708	2.708	NUM
fbem-26183	70	41	size	size	NOUN
fbem-26183	70	42	16041	16041	NUM
fbem-26183	70	43	22.593	22.593	NUM
fbem-26183	70	44	1.321	1.321	NUM
fbem-26183	70	45	19.807	19.807	NUM
fbem-26183	70	46	26.452	26.452	NUM
fbem-26183	70	47	growth	growth	NOUN
fbem-26183	70	48	16041	16041	NUM
fbem-26183	70	49	.162	.162	NUM
fbem-26183	70	50	.374	.374	NUM
fbem-26183	71	1	-.658	-.658	NOUN
fbem-26183	71	2	3.558	3.558	NUM
fbem-26183	71	3	lev	lev	NOUN
fbem-26183	71	4	16041	16041	NUM
fbem-26183	71	5	.453	.453	NUM
fbem-26183	71	6	.188	.188	NUM
fbem-26183	71	7	.051	.051	NUM
fbem-26183	71	8	.902	.902	NUM
fbem-26183	71	9	bm	bm	PROPN
fbem-26183	71	10	16041	16041	NUM
fbem-26183	71	11	.676	.676	NUM
fbem-26183	71	12	.257	.257	NUM
fbem-26183	71	13	.102	.102	NUM
fbem-26183	71	14	1.246	1.246	NUM
fbem-26183	71	15	roa1	roa1	PROPN
fbem-26183	71	16	16041	16041	NUM
fbem-26183	71	17	.035	.035	NUM
fbem-26183	71	18	.069	.069	NUM
fbem-26183	72	1	-.373	-.373	NOUN
fbem-26183	72	2	.247	.247	NUM
fbem-26183	72	3	dual	dual	ADJ
fbem-26183	72	4	16041	16041	NUM
fbem-26183	72	5	.295	.295	NUM
fbem-26183	72	6	.456	.456	NUM
fbem-26183	72	7	0	0	NUM
fbem-26183	72	8	1	1	NUM
fbem-26183	72	9	big4	big4	NOUN
fbem-26183	72	10	16041	16041	NUM
fbem-26183	72	11	.076	.076	NUM
fbem-26183	72	12	.265	.265	NUM
fbem-26183	72	13	0	0	NUM
fbem-26183	72	14	1	1	NUM
fbem-26183	72	15	liquid	liquid	NOUN
fbem-26183	72	16	16041	16041	NUM
fbem-26183	72	17	2.125	2.125	NUM
fbem-26183	72	18	1.977	1.977	NUM
fbem-26183	72	19	.268	.268	NUM
fbem-26183	72	20	18.701	18.701	NUM
fbem-26183	72	21	5.2	5.2	NUM
fbem-26183	72	22	.	.	PUNCT
fbem-26183	73	1	empirical	empirical	ADJ
fbem-26183	73	2	test	test	NOUN
fbem-26183	73	3	and	and	CCONJ
fbem-26183	73	4	analysis	analysis	NOUN
fbem-26183	73	5	in	in	ADP
fbem-26183	73	6	table.3	table.3	PROPN
fbem-26183	73	7	,	,	PUNCT
fbem-26183	73	8	according	accord	VERB
fbem-26183	73	9	to	to	ADP
fbem-26183	73	10	the	the	DET
fbem-26183	73	11	model	model	NOUN
fbem-26183	73	12	(	(	PUNCT
fbem-26183	73	13	1	1	NUM
fbem-26183	73	14	)	)	PUNCT
fbem-26183	73	15	,	,	PUNCT
fbem-26183	73	16	observing	observe	VERB
fbem-26183	73	17	the	the	DET
fbem-26183	73	18	coefficients	coefficient	NOUN
fbem-26183	73	19	of	of	ADP
fbem-26183	73	20	other	other	ADJ
fbem-26183	73	21	control	control	NOUN
fbem-26183	73	22	variables	variable	NOUN
fbem-26183	73	23	,	,	PUNCT
fbem-26183	73	24	the	the	DET
fbem-26183	73	25	variables	variable	NOUN
fbem-26183	73	26	that	that	PRON
fbem-26183	73	27	have	have	VERB
fbem-26183	73	28	significant	significant	ADJ
fbem-26183	73	29	positive	positive	ADJ
fbem-26183	73	30	correlation	correlation	NOUN
fbem-26183	73	31	with	with	ADP
fbem-26183	73	32	corporate	corporate	ADJ
fbem-26183	73	33	financing	financing	NOUN
fbem-26183	73	34	constraints	constraint	NOUN
fbem-26183	73	35	are	be	AUX
fbem-26183	73	36	size	size	NOUN
fbem-26183	73	37	,	,	PUNCT
fbem-26183	73	38	growth	growth	NOUN
fbem-26183	73	39	,	,	PUNCT
fbem-26183	73	40	lev	lev	NOUN
fbem-26183	73	41	,	,	PUNCT
fbem-26183	73	42	dual	dual	ADJ
fbem-26183	73	43	,	,	PUNCT
fbem-26183	73	44	big4	big4	NOUN
fbem-26183	73	45	,	,	PUNCT
fbem-26183	73	46	liquid	liquid	NOUN
fbem-26183	73	47	,	,	PUNCT
fbem-26183	73	48	which	which	PRON
fbem-26183	73	49	shows	show	VERB
fbem-26183	73	50	that	that	SCONJ
fbem-26183	73	51	these	these	PRON
fbem-26183	73	52	can	can	AUX
fbem-26183	73	53	affect	affect	VERB
fbem-26183	73	54	corporate	corporate	ADJ
fbem-26183	73	55	financing	financing	NOUN
fbem-26183	73	56	constraints	constraint	NOUN
fbem-26183	73	57	,	,	PUNCT
fbem-26183	73	58	and	and	CCONJ
fbem-26183	73	59	their	their	PRON
fbem-26183	73	60	increase	increase	NOUN
fbem-26183	73	61	will	will	AUX
fbem-26183	73	62	make	make	VERB
fbem-26183	73	63	corporate	corporate	ADJ
fbem-26183	73	64	financing	financing	NOUN
fbem-26183	73	65	more	more	ADV
fbem-26183	73	66	difficult	difficult	ADJ
fbem-26183	73	67	.	.	PUNCT
fbem-26183	74	1	the	the	DET
fbem-26183	74	2	significant	significant	ADJ
fbem-26183	74	3	negative	negative	ADJ
fbem-26183	74	4	correlation	correlation	NOUN
fbem-26183	74	5	variable	variable	NOUN
fbem-26183	74	6	with	with	ADP
fbem-26183	74	7	corporate	corporate	ADJ
fbem-26183	74	8	financing	financing	NOUN
fbem-26183	74	9	constraints	constraint	NOUN
fbem-26183	74	10	is	be	AUX
fbem-26183	74	11	bm	bm	PROPN
fbem-26183	74	12	,	,	PUNCT
fbem-26183	74	13	which	which	PRON
fbem-26183	74	14	is	be	AUX
fbem-26183	74	15	a	a	DET
fbem-26183	74	16	variable	variable	NOUN
fbem-26183	74	17	to	to	PART
fbem-26183	74	18	ease	ease	VERB
fbem-26183	74	19	financing	financing	NOUN
fbem-26183	74	20	constraints	constraint	NOUN
fbem-26183	74	21	.	.	PUNCT
fbem-26183	75	1	there	there	PRON
fbem-26183	75	2	is	be	VERB
fbem-26183	75	3	also	also	ADV
fbem-26183	75	4	a	a	DET
fbem-26183	75	5	negative	negative	ADJ
fbem-26183	75	6	correlation	correlation	NOUN
fbem-26183	75	7	with	with	ADP
fbem-26183	75	8	roa	roa	PROPN
fbem-26183	75	9	,	,	PUNCT
fbem-26183	75	10	which	which	PRON
fbem-26183	75	11	is	be	AUX
fbem-26183	75	12	not	not	PART
fbem-26183	75	13	significant	significant	ADJ
fbem-26183	75	14	,	,	PUNCT
fbem-26183	75	15	indicating	indicate	VERB
fbem-26183	75	16	that	that	SCONJ
fbem-26183	75	17	it	it	PRON
fbem-26183	75	18	has	have	VERB
fbem-26183	75	19	little	little	ADJ
fbem-26183	75	20	impact	impact	NOUN
fbem-26183	75	21	on	on	ADP
fbem-26183	75	22	corporate	corporate	ADJ
fbem-26183	75	23	financing	financing	NOUN
fbem-26183	75	24	constraints	constraint	NOUN
fbem-26183	75	25	.	.	PUNCT
fbem-26183	76	1	table	table	NOUN
fbem-26183	76	2	3	3	NUM
fbem-26183	76	3	.	.	PUNCT
fbem-26183	76	4	benchmark	benchmark	NOUN
fbem-26183	76	5	regression	regression	NOUN
fbem-26183	76	6	(	(	PUNCT
fbem-26183	76	7	1	1	NUM
fbem-26183	76	8	)	)	PUNCT
fbem-26183	76	9	and	and	CCONJ
fbem-26183	76	10	regulatory	regulatory	ADJ
fbem-26183	76	11	effects	effect	NOUN
fbem-26183	76	12	(	(	PUNCT
fbem-26183	76	13	2	2	NUM
fbem-26183	76	14	)	)	PUNCT
fbem-26183	76	15	(	(	PUNCT
fbem-26183	76	16	1	1	X
fbem-26183	76	17	)	)	PUNCT
fbem-26183	76	18	(	(	PUNCT
fbem-26183	76	19	2	2	X
fbem-26183	76	20	)	)	PUNCT
fbem-26183	76	21	sa	sa	PROPN
fbem-26183	76	22	sa	sa	PROPN
fbem-26183	76	23	audit	audit	PROPN
fbem-26183	77	1	no	no	INTJ
fbem-26183	77	2	.	.	PUNCT
fbem-26183	78	1	0.0143	0.0143	NUM
fbem-26183	78	2	*	*	PUNCT
fbem-26183	78	3	*	*	PUNCT
fbem-26183	78	4	*	*	PUNCT
fbem-26183	78	5	-0.1014	-0.1014	NOUN
fbem-26183	79	1	*	*	PUNCT
fbem-26183	79	2	*	*	PUNCT
fbem-26183	79	3	*	*	PUNCT
fbem-26183	79	4	(	(	PUNCT
fbem-26183	79	5	4.90	4.90	NUM
fbem-26183	79	6	)	)	PUNCT
fbem-26183	79	7	(	(	PUNCT
fbem-26183	79	8	-3.39	-3.39	NOUN
fbem-26183	79	9	)	)	PUNCT
fbem-26183	79	10	size	size	NOUN
fbem-26183	79	11	0.0332	0.0332	NUM
fbem-26183	79	12	*	*	PUNCT
fbem-26183	79	13	*	*	PUNCT
fbem-26183	80	1	*	*	PUNCT
fbem-26183	80	2	0.0348	0.0348	NUM
fbem-26183	80	3	*	*	PUNCT
fbem-26183	80	4	*	*	PUNCT
fbem-26183	80	5	*	*	PUNCT
fbem-26183	80	6	(	(	PUNCT
fbem-26183	80	7	16.21	16.21	NUM
fbem-26183	80	8	)	)	PUNCT
fbem-26183	80	9	(	(	PUNCT
fbem-26183	80	10	16.80	16.80	NUM
fbem-26183	80	11	)	)	PUNCT
fbem-26183	80	12	growth	growth	NOUN
fbem-26183	80	13	0.0301	0.0301	NUM
fbem-26183	80	14	*	*	PUNCT
fbem-26183	81	1	*	*	PUNCT
fbem-26183	81	2	*	*	PUNCT
fbem-26183	81	3	0.0297	0.0297	NUM
fbem-26183	81	4	*	*	PUNCT
fbem-26183	81	5	*	*	PUNCT
fbem-26183	81	6	*	*	PUNCT
fbem-26183	81	7	(	(	PUNCT
fbem-26183	81	8	5.68	5.68	NUM
fbem-26183	81	9	)	)	PUNCT
fbem-26183	81	10	(	(	PUNCT
fbem-26183	81	11	5.61	5.61	NUM
fbem-26183	81	12	)	)	PUNCT
fbem-26183	81	13	lev	lev	NOUN
fbem-26183	81	14	0.0381	0.0381	NUM
fbem-26183	81	15	*	*	PUNCT
fbem-26183	81	16	*	*	PUNCT
fbem-26183	81	17	0.0362	0.0362	NUM
fbem-26183	81	18	*	*	PUNCT
fbem-26183	81	19	*	*	PUNCT
fbem-26183	81	20	(	(	PUNCT
fbem-26183	81	21	2.48	2.48	NUM
fbem-26183	81	22	)	)	PUNCT
fbem-26183	81	23	(	(	PUNCT
fbem-26183	81	24	2.36	2.36	NUM
fbem-26183	81	25	)	)	PUNCT
fbem-26183	81	26	bm	bm	PROPN
fbem-26183	81	27	-0.0470	-0.0470	PROPN
fbem-26183	82	1	*	*	PUNCT
fbem-26183	83	1	*	*	PUNCT
fbem-26183	83	2	*	*	PUNCT
fbem-26183	83	3	-0.0475	-0.0475	PROPN
fbem-26183	83	4	*	*	PUNCT
fbem-26183	83	5	*	*	PUNCT
fbem-26183	83	6	*	*	PUNCT
fbem-26183	83	7	(	(	PUNCT
fbem-26183	83	8	-4.91	-4.91	NUM
fbem-26183	83	9	)	)	PUNCT
fbem-26183	83	10	(	(	PUNCT
fbem-26183	83	11	-4.96	-4.96	X
fbem-26183	83	12	)	)	PUNCT
fbem-26183	83	13	roa1	roa1	NOUN
fbem-26183	83	14	-0.0072	-0.0072	NOUN
fbem-26183	83	15	-0.0096	-0.0096	PROPN
fbem-26183	83	16	(	(	PUNCT
fbem-26183	83	17	-0.23	-0.23	NUM
fbem-26183	83	18	)	)	PUNCT
fbem-26183	83	19	(	(	PUNCT
fbem-26183	83	20	-0.30	-0.30	NOUN
fbem-26183	83	21	)	)	PUNCT
fbem-26183	83	22	dual	dual	ADJ
fbem-26183	83	23	0.0623	0.0623	NUM
fbem-26183	83	24	*	*	PUNCT
fbem-26183	83	25	*	*	PUNCT
fbem-26183	83	26	*	*	PUNCT
fbem-26183	84	1	0.0597	0.0597	PUNCT
fbem-26183	84	2	*	*	PUNCT
fbem-26183	84	3	*	*	PUNCT
fbem-26183	84	4	*	*	PUNCT
fbem-26183	84	5	(	(	PUNCT
fbem-26183	84	6	15.13	15.13	NUM
fbem-26183	84	7	)	)	PUNCT
fbem-26183	84	8	(	(	PUNCT
fbem-26183	84	9	14.41	14.41	NUM
fbem-26183	84	10	)	)	PUNCT
fbem-26183	84	11	big4	big4	NOUN
fbem-26183	84	12	0.1151	0.1151	NUM
fbem-26183	84	13	*	*	PUNCT
fbem-26183	84	14	*	*	PUNCT
fbem-26183	84	15	*	*	PUNCT
fbem-26183	84	16	0.1142	0.1142	PUNCT
fbem-26183	84	17	*	*	PUNCT
fbem-26183	84	18	*	*	PUNCT
fbem-26183	84	19	*	*	PUNCT
fbem-26183	84	20	(	(	PUNCT
fbem-26183	84	21	15.38	15.38	NUM
fbem-26183	84	22	)	)	PUNCT
fbem-26183	84	23	(	(	PUNCT
fbem-26183	84	24	15.28	15.28	NUM
fbem-26183	84	25	)	)	PUNCT
fbem-26183	84	26	liquid	liquid	NOUN
fbem-26183	84	27	0.0172	0.0172	NUM
fbem-26183	84	28	*	*	PUNCT
fbem-26183	84	29	*	*	PUNCT
fbem-26183	84	30	*	*	PUNCT
fbem-26183	84	31	0.0169	0.0169	NUM
fbem-26183	84	32	*	*	PUNCT
fbem-26183	84	33	*	*	PUNCT
fbem-26183	84	34	*	*	PUNCT
fbem-26183	84	35	(	(	PUNCT
fbem-26183	84	36	13.87	13.87	NUM
fbem-26183	84	37	)	)	PUNCT
fbem-26183	84	38	(	(	PUNCT
fbem-26183	84	39	13.67	13.67	NUM
fbem-26183	84	40	)	)	PUNCT
fbem-26183	84	41	board	board	NOUN
fbem-26183	84	42	-0.1631	-0.1631	NOUN
fbem-26183	84	43	*	*	PUNCT
fbem-26183	84	44	*	*	PUNCT
fbem-26183	84	45	*	*	PUNCT
fbem-26183	84	46	(	(	PUNCT
fbem-26183	84	47	-5.39	-5.39	NOUN
fbem-26183	84	48	)	)	PUNCT
fbem-26183	84	49	c.board	c.board	ADJ
fbem-26183	84	50	audit	audit	NOUN
fbem-26183	84	51	no	no	INTJ
fbem-26183	84	52	.	.	PUNCT
fbem-26183	85	1	0.0546	0.0546	NUM
fbem-26183	86	1	*	*	PUNCT
fbem-26183	86	2	*	*	PUNCT
fbem-26183	86	3	*	*	PUNCT
fbem-26183	86	4	(	(	PUNCT
fbem-26183	86	5	3.89	3.89	NUM
fbem-26183	86	6	)	)	PUNCT
fbem-26183	86	7	_	_	NOUN
fbem-26183	86	8	cons	con	NOUN
fbem-26183	86	9	-4.5461	-4.5461	NOUN
fbem-26183	86	10	*	*	PUNCT
fbem-26183	86	11	*	*	PUNCT
fbem-26183	86	12	*	*	PUNCT
fbem-26183	86	13	-4.2337	-4.2337	PUNCT
fbem-26183	86	14	*	*	PUNCT
fbem-26183	87	1	*	*	PUNCT
fbem-26183	87	2	*	*	PUNCT
fbem-26183	87	3	(	(	PUNCT
fbem-26183	87	4	-78.13	-78.13	PROPN
fbem-26183	87	5	)	)	PUNCT
fbem-26183	87	6	(	(	PUNCT
fbem-26183	87	7	-49.64	-49.64	PROPN
fbem-26183	87	8	)	)	PUNCT
fbem-26183	87	9	n	n	NOUN
fbem-26183	87	10	16,041	16,041	NUM
fbem-26183	87	11	16,041	16,041	NUM
fbem-26183	87	12	r2	r2	PROPN
fbem-26183	87	13	0.1538	0.1538	NUM
fbem-26183	87	14	0.1561	0.1561	NUM
fbem-26183	87	15	year	year	NOUN
fbem-26183	88	1	yes	yes	INTJ
fbem-26183	88	2	yes	yes	INTJ
fbem-26183	89	1	industry	industry	NOUN
fbem-26183	90	1	yes	yes	INTJ
fbem-26183	90	2	yes	yes	INTJ
fbem-26183	90	3	t	t	NOUN
fbem-26183	90	4	statistics	statistic	NOUN
fbem-26183	90	5	in	in	ADP
fbem-26183	90	6	parentheses	parenthesis	NOUN
fbem-26183	90	7	*	*	PUNCT
fbem-26183	91	1	p	p	X
fbem-26183	91	2	<	<	X
fbem-26183	91	3	0.1	0.1	NUM
fbem-26183	91	4	,	,	PUNCT
fbem-26183	91	5	*	*	PUNCT
fbem-26183	91	6	*	*	PUNCT
fbem-26183	92	1	p	p	X
fbem-26183	92	2	<	<	X
fbem-26183	92	3	0.05	0.05	NUM
fbem-26183	92	4	,	,	PUNCT
fbem-26183	92	5	*	*	PUNCT
fbem-26183	92	6	*	*	PUNCT
fbem-26183	92	7	*	*	PUNCT
fbem-26183	92	8	p	p	X
fbem-26183	92	9	<	<	X
fbem-26183	92	10	0.01	0.01	NUM
fbem-26183	92	11	after	after	SCONJ
fbem-26183	92	12	the	the	DET
fbem-26183	92	13	interaction	interaction	NOUN
fbem-26183	92	14	item	item	NOUN
fbem-26183	92	15	is	be	AUX
fbem-26183	92	16	added	add	VERB
fbem-26183	92	17	to	to	ADP
fbem-26183	92	18	model	model	NOUN
fbem-26183	92	19	(	(	PUNCT
fbem-26183	92	20	2	2	NUM
fbem-26183	92	21	)	)	PUNCT
fbem-26183	92	22	,	,	PUNCT
fbem-26183	92	23	the	the	DET
fbem-26183	92	24	coefficient	coefficient	NOUN
fbem-26183	92	25	of	of	ADP
fbem-26183	92	26	interaction	interaction	NOUN
fbem-26183	92	27	item	item	NOUN
fbem-26183	92	28	and	and	CCONJ
fbem-26183	92	29	corporate	corporate	ADJ
fbem-26183	92	30	financing	financing	NOUN
fbem-26183	92	31	constraint	constraint	NOUN
fbem-26183	92	32	is	be	AUX
fbem-26183	92	33	-0.1631	-0.1631	NUM
fbem-26183	92	34	,	,	PUNCT
fbem-26183	92	35	the	the	DET
fbem-26183	92	36	coefficient	coefficient	NOUN
fbem-26183	92	37	becomes	become	VERB
fbem-26183	92	38	negative	negative	ADJ
fbem-26183	92	39	,	,	PUNCT
fbem-26183	92	40	and	and	CCONJ
fbem-26183	92	41	the	the	DET
fbem-26183	92	42	result	result	NOUN
fbem-26183	92	43	is	be	AUX
fbem-26183	92	44	significant	significant	ADJ
fbem-26183	92	45	at	at	ADP
fbem-26183	92	46	1	1	NUM
fbem-26183	92	47	%	%	NOUN
fbem-26183	92	48	,	,	PUNCT
fbem-26183	92	49	indicating	indicate	VERB
fbem-26183	92	50	that	that	SCONJ
fbem-26183	92	51	the	the	DET
fbem-26183	92	52	board	board	NOUN
fbem-26183	92	53	size	size	NOUN
fbem-26183	92	54	has	have	VERB
fbem-26183	92	55	a	a	DET
fbem-26183	92	56	significant	significant	ADJ
fbem-26183	92	57	moderating	moderate	VERB
fbem-26183	92	58	effect	effect	NOUN
fbem-26183	92	59	on	on	ADP
fbem-26183	92	60	the	the	DET
fbem-26183	92	61	relationship	relationship	NOUN
fbem-26183	92	62	between	between	ADP
fbem-26183	92	63	key	key	ADJ
fbem-26183	92	64	audit	audit	NOUN
fbem-26183	92	65	matters	matter	NOUN
fbem-26183	92	66	and	and	CCONJ
fbem-26183	92	67	corporate	corporate	ADJ
fbem-26183	92	68	financing	financing	NOUN
fbem-26183	92	69	constraint	constraint	NOUN
fbem-26183	92	70	,	,	PUNCT
fbem-26183	92	71	indicating	indicate	VERB
fbem-26183	92	72	that	that	SCONJ
fbem-26183	92	73	the	the	DET
fbem-26183	92	74	board	board	NOUN
fbem-26183	92	75	as	as	ADP
fbem-26183	92	76	a	a	DET
fbem-26183	92	77	moderating	moderate	VERB
fbem-26183	92	78	variable	variable	NOUN
fbem-26183	92	79	can	can	AUX
fbem-26183	92	80	change	change	VERB
fbem-26183	92	81	the	the	DET
fbem-26183	92	82	effect	effect	NOUN
fbem-26183	92	83	of	of	ADP
fbem-26183	92	84	key	key	ADJ
fbem-26183	92	85	audit	audit	NOUN
fbem-26183	92	86	matters	matter	VERB
fbem-26183	92	87	disclosure	disclosure	NOUN
fbem-26183	92	88	from	from	ADP
fbem-26183	92	89	increasing	increase	VERB
fbem-26183	92	90	financing	financing	NOUN
fbem-26183	92	91	constraint	constraint	NOUN
fbem-26183	92	92	to	to	ADP
fbem-26183	92	93	easing	ease	VERB
fbem-26183	92	94	financing	financing	NOUN
fbem-26183	92	95	constraint	constraint	NOUN
fbem-26183	92	96	.	.	PUNCT
fbem-26183	93	1	there	there	PRON
fbem-26183	93	2	is	be	VERB
fbem-26183	93	3	a	a	DET
fbem-26183	93	4	positive	positive	ADJ
fbem-26183	93	5	correlation	correlation	NOUN
fbem-26183	93	6	between	between	ADP
fbem-26183	93	7	the	the	DET
fbem-26183	93	8	number	number	NOUN
fbem-26183	93	9	of	of	ADP
fbem-26183	93	10	key	key	ADJ
fbem-26183	93	11	audit	audit	NOUN
fbem-26183	93	12	disclosures	disclosure	NOUN
fbem-26183	93	13	and	and	CCONJ
fbem-26183	93	14	corporate	corporate	ADJ
fbem-26183	93	15	financing	financing	NOUN
fbem-26183	93	16	constraints	constraint	NOUN
fbem-26183	93	17	.	.	PUNCT
fbem-26183	94	1	although	although	SCONJ
fbem-26183	94	2	the	the	DET
fbem-26183	94	3	disclosure	disclosure	NOUN
fbem-26183	94	4	can	can	AUX
fbem-26183	94	5	help	help	VERB
fbem-26183	94	6	to	to	PART
fbem-26183	94	7	reduce	reduce	VERB
fbem-26183	94	8	the	the	DET
fbem-26183	94	9	information	information	NOUN
fbem-26183	94	10	difference	difference	NOUN
fbem-26183	94	11	between	between	ADP
fbem-26183	94	12	management	management	NOUN
fbem-26183	94	13	and	and	CCONJ
fbem-26183	94	14	investors	investor	NOUN
fbem-26183	94	15	,	,	PUNCT
fbem-26183	94	16	improving	improve	VERB
fbem-26183	94	17	the	the	DET
fbem-26183	94	18	audit	audit	NOUN
fbem-26183	94	19	quality	quality	NOUN
fbem-26183	94	20	,	,	PUNCT
fbem-26183	94	21	it	it	PRON
fbem-26183	94	22	may	may	AUX
fbem-26183	94	23	be	be	AUX
fbem-26183	94	24	regarded	regard	VERB
fbem-26183	94	25	as	as	ADP
fbem-26183	94	26	a	a	DET
fbem-26183	94	27	risk	risk	NOUN
fbem-26183	94	28	signal	signal	NOUN
fbem-26183	94	29	,	,	PUNCT
fbem-26183	94	30	and	and	CCONJ
fbem-26183	94	31	its	its	PRON
fbem-26183	94	32	effectiveness	effectiveness	NOUN
fbem-26183	94	33	in	in	ADP
fbem-26183	94	34	reducing	reduce	VERB
fbem-26183	94	35	information	information	NOUN
fbem-26183	94	36	differences	difference	NOUN
fbem-26183	94	37	may	may	AUX
fbem-26183	94	38	not	not	PART
fbem-26183	94	39	be	be	AUX
fbem-26183	94	40	enough	enough	ADJ
fbem-26183	94	41	to	to	PART
fbem-26183	94	42	offset	offset	VERB
fbem-26183	94	43	its	its	PRON
fbem-26183	94	44	warning	warning	NOUN
fbem-26183	94	45	effect	effect	NOUN
fbem-26183	94	46	to	to	ADP
fbem-26183	94	47	investors	investor	NOUN
fbem-26183	94	48	.	.	PUNCT
fbem-26183	95	1	when	when	SCONJ
fbem-26183	95	2	an	an	DET
fbem-26183	95	3	enterprise	enterprise	NOUN
fbem-26183	95	4	announces	announce	VERB
fbem-26183	95	5	more	more	ADJ
fbem-26183	95	6	key	key	ADJ
fbem-26183	95	7	audit	audit	NOUN
fbem-26183	95	8	matters	matter	NOUN
fbem-26183	95	9	and	and	CCONJ
fbem-26183	95	10	sends	send	VERB
fbem-26183	95	11	out	out	ADP
fbem-26183	95	12	a	a	DET
fbem-26183	95	13	risk	risk	NOUN
fbem-26183	95	14	signal	signal	NOUN
fbem-26183	95	15	to	to	ADP
fbem-26183	95	16	the	the	DET
fbem-26183	95	17	market	market	NOUN
fbem-26183	95	18	,	,	PUNCT
fbem-26183	95	19	the	the	DET
fbem-26183	95	20	risk	risk	NOUN
fbem-26183	95	21	signal	signal	NOUN
fbem-26183	95	22	has	have	VERB
fbem-26183	95	23	a	a	DET
fbem-26183	95	24	stronger	strong	ADJ
fbem-26183	95	25	impact	impact	NOUN
fbem-26183	95	26	on	on	ADP
fbem-26183	95	27	investors	investor	NOUN
fbem-26183	95	28	,	,	PUNCT
fbem-26183	95	29	causing	cause	VERB
fbem-26183	95	30	investors	investor	NOUN
fbem-26183	95	31	to	to	PART
fbem-26183	95	32	be	be	AUX
fbem-26183	95	33	more	more	ADV
fbem-26183	95	34	cautious	cautious	ADJ
fbem-26183	95	35	when	when	SCONJ
fbem-26183	95	36	making	make	VERB
fbem-26183	95	37	investment	investment	NOUN
fbem-26183	95	38	decisions	decision	NOUN
fbem-26183	95	39	,	,	PUNCT
fbem-26183	95	40	thus	thus	ADV
fbem-26183	95	41	increasing	increase	VERB
fbem-26183	95	42	the	the	DET
fbem-26183	95	43	financing	financing	NOUN
fbem-26183	95	44	difficulty	difficulty	NOUN
fbem-26183	95	45	of	of	ADP
fbem-26183	95	46	the	the	DET
fbem-26183	95	47	enterprise	enterprise	NOUN
fbem-26183	95	48	.	.	PUNCT
fbem-26183	96	1	however	however	ADV
fbem-26183	96	2	,	,	PUNCT
fbem-26183	96	3	in	in	ADP
fbem-26183	96	4	companies	company	NOUN
fbem-26183	96	5	with	with	ADP
fbem-26183	96	6	large	large	ADJ
fbem-26183	96	7	boards	board	NOUN
fbem-26183	96	8	,	,	PUNCT
fbem-26183	96	9	the	the	DET
fbem-26183	96	10	disclosure	disclosure	NOUN
fbem-26183	96	11	of	of	ADP
fbem-26183	96	12	such	such	ADJ
fbem-26183	96	13	key	key	ADJ
fbem-26183	96	14	audit	audit	NOUN
fbem-26183	96	15	matters	matter	NOUN
fbem-26183	96	16	has	have	VERB
fbem-26183	96	17	a	a	DET
fbem-26183	96	18	mitigating	mitigate	VERB
fbem-26183	96	19	effect	effect	NOUN
fbem-26183	96	20	on	on	ADP
fbem-26183	96	21	the	the	DET
fbem-26183	96	22	financing	financing	NOUN
fbem-26183	96	23	constraints	constraint	NOUN
fbem-26183	96	24	.	.	PUNCT
fbem-26183	97	1	under	under	ADP
fbem-26183	97	2	the	the	DET
fbem-26183	97	3	larger	large	ADJ
fbem-26183	97	4	board	board	NOUN
fbem-26183	97	5	of	of	ADP
fbem-26183	97	6	directors	director	NOUN
fbem-26183	97	7	,	,	PUNCT
fbem-26183	97	8	the	the	DET
fbem-26183	97	9	internal	internal	ADJ
fbem-26183	97	10	control	control	NOUN
fbem-26183	97	11	and	and	CCONJ
fbem-26183	97	12	audit	audit	NOUN
fbem-26183	97	13	quality	quality	NOUN
fbem-26183	97	14	of	of	ADP
fbem-26183	97	15	the	the	DET
fbem-26183	97	16	enterprise	enterprise	NOUN
fbem-26183	97	17	may	may	AUX
fbem-26183	97	18	be	be	AUX
fbem-26183	97	19	higher	high	ADJ
fbem-26183	97	20	,	,	PUNCT
fbem-26183	97	21	which	which	PRON
fbem-26183	97	22	improves	improve	VERB
fbem-26183	97	23	the	the	DET
fbem-26183	97	24	confidence	confidence	NOUN
fbem-26183	97	25	of	of	ADP
fbem-26183	97	26	investors	investor	NOUN
fbem-26183	97	27	and	and	CCONJ
fbem-26183	97	28	protects	protect	VERB
fbem-26183	97	29	their	their	PRON
fbem-26183	97	30	rights	right	NOUN
fbem-26183	97	31	and	and	CCONJ
fbem-26183	97	32	interests	interest	NOUN
fbem-26183	97	33	,	,	PUNCT
fbem-26183	97	34	thus	thus	ADV
fbem-26183	97	35	reducing	reduce	VERB
fbem-26183	97	36	the	the	DET
fbem-26183	97	37	financing	financing	NOUN
fbem-26183	97	38	cost	cost	NOUN
fbem-26183	97	39	and	and	CCONJ
fbem-26183	97	40	easing	ease	VERB
fbem-26183	97	41	the	the	DET
fbem-26183	97	42	financing	financing	NOUN
fbem-26183	97	43	constraint	constraint	NOUN
fbem-26183	97	44	.	.	PUNCT
fbem-26183	98	1	in	in	ADP
fbem-26183	98	2	addition	addition	NOUN
fbem-26183	98	3	,	,	PUNCT
fbem-26183	98	4	the	the	DET
fbem-26183	98	5	larger	large	ADJ
fbem-26183	98	6	board	board	NOUN
fbem-26183	98	7	is	be	AUX
fbem-26183	98	8	more	more	ADV
fbem-26183	98	9	likely	likely	ADJ
fbem-26183	98	10	to	to	PART
fbem-26183	98	11	make	make	VERB
fbem-26183	98	12	the	the	DET
fbem-26183	98	13	right	right	ADJ
fbem-26183	98	14	decisions	decision	NOUN
fbem-26183	98	15	and	and	CCONJ
fbem-26183	98	16	therefore	therefore	ADV
fbem-26183	98	17	may	may	AUX
fbem-26183	98	18	disclose	disclose	VERB
fbem-26183	98	19	fewer	few	ADJ
fbem-26183	98	20	risky	risky	ADJ
fbem-26183	98	21	140	140	NUM
fbem-26183	98	22	aspects	aspect	NOUN
fbem-26183	98	23	of	of	ADP
fbem-26183	98	24	key	key	ADJ
fbem-26183	98	25	audit	audit	NOUN
fbem-26183	98	26	matters	matter	NOUN
fbem-26183	98	27	.	.	PUNCT
fbem-26183	99	1	5.3	5.3	NUM
fbem-26183	99	2	.	.	PUNCT
fbem-26183	99	3	robustness	robustness	NOUN
fbem-26183	99	4	test	test	NOUN
fbem-26183	99	5	in	in	ADP
fbem-26183	99	6	order	order	NOUN
fbem-26183	99	7	to	to	PART
fbem-26183	99	8	test	test	VERB
fbem-26183	99	9	the	the	DET
fbem-26183	99	10	robustness	robustness	NOUN
fbem-26183	99	11	of	of	ADP
fbem-26183	99	12	hypothetical	hypothetical	ADJ
fbem-26183	99	13	h1	h1	NOUN
fbem-26183	99	14	results	result	NOUN
fbem-26183	99	15	,	,	PUNCT
fbem-26183	99	16	referring	refer	VERB
fbem-26183	99	17	to	to	ADP
fbem-26183	99	18	other	other	ADJ
fbem-26183	99	19	literature	literature	NOUN
fbem-26183	99	20	practices	practice	NOUN
fbem-26183	99	21	,	,	PUNCT
fbem-26183	99	22	ww	ww	PROPN
fbem-26183	99	23	,	,	PUNCT
fbem-26183	99	24	fc	fc	PROPN
fbem-26183	99	25	and	and	CCONJ
fbem-26183	99	26	kz	kz	PROPN
fbem-26183	99	27	indexes	index	NOUN
fbem-26183	99	28	are	be	AUX
fbem-26183	99	29	used	use	VERB
fbem-26183	99	30	instead	instead	ADV
fbem-26183	99	31	of	of	ADP
fbem-26183	99	32	sa	sa	NOUN
fbem-26183	99	33	indexes	index	NOUN
fbem-26183	99	34	for	for	ADP
fbem-26183	99	35	regression	regression	NOUN
fbem-26183	99	36	test	test	NOUN
fbem-26183	99	37	.	.	PUNCT
fbem-26183	100	1	the	the	PRON
fbem-26183	100	2	greater	great	ADJ
fbem-26183	100	3	the	the	DET
fbem-26183	100	4	values	value	NOUN
fbem-26183	100	5	of	of	ADP
fbem-26183	100	6	these	these	DET
fbem-26183	100	7	indexes	index	NOUN
fbem-26183	100	8	,	,	PUNCT
fbem-26183	100	9	the	the	PRON
fbem-26183	100	10	higher	high	ADJ
fbem-26183	100	11	the	the	DET
fbem-26183	100	12	degree	degree	NOUN
fbem-26183	100	13	of	of	ADP
fbem-26183	100	14	financing	financing	NOUN
fbem-26183	100	15	constraints	constraint	NOUN
fbem-26183	100	16	.	.	PUNCT
fbem-26183	101	1	in	in	ADP
fbem-26183	101	2	model	model	NOUN
fbem-26183	101	3	(	(	PUNCT
fbem-26183	101	4	2	2	NUM
fbem-26183	101	5	)	)	PUNCT
fbem-26183	101	6	,	,	PUNCT
fbem-26183	101	7	the	the	DET
fbem-26183	101	8	substitution	substitution	NOUN
fbem-26183	101	9	variables	variable	NOUN
fbem-26183	101	10	are	be	AUX
fbem-26183	101	11	substituted	substitute	VERB
fbem-26183	101	12	for	for	ADP
fbem-26183	101	13	regression	regression	NOUN
fbem-26183	101	14	analysis	analysis	NOUN
fbem-26183	101	15	,	,	PUNCT
fbem-26183	101	16	and	and	CCONJ
fbem-26183	101	17	the	the	DET
fbem-26183	101	18	results	result	NOUN
fbem-26183	101	19	are	be	AUX
fbem-26183	101	20	shown	show	VERB
fbem-26183	101	21	in	in	ADP
fbem-26183	101	22	table	table	NOUN
fbem-26183	101	23	4	4	NUM
fbem-26183	101	24	the	the	DET
fbem-26183	101	25	regression	regression	NOUN
fbem-26183	101	26	coefficient	coefficient	NOUN
fbem-26183	101	27	of	of	ADP
fbem-26183	101	28	key	key	ADJ
fbem-26183	101	29	audit	audit	NOUN
fbem-26183	101	30	items	item	NOUN
fbem-26183	101	31	to	to	ADP
fbem-26183	101	32	financing	financing	NOUN
fbem-26183	101	33	constraints	constraint	NOUN
fbem-26183	101	34	is	be	AUX
fbem-26183	101	35	still	still	ADV
fbem-26183	101	36	positive	positive	ADJ
fbem-26183	101	37	at	at	ADP
fbem-26183	101	38	the	the	DET
fbem-26183	101	39	level	level	NOUN
fbem-26183	101	40	of	of	ADP
fbem-26183	101	41	1	1	NUM
fbem-26183	101	42	%	%	NOUN
fbem-26183	101	43	,	,	PUNCT
fbem-26183	101	44	and	and	CCONJ
fbem-26183	101	45	the	the	DET
fbem-26183	101	46	results	result	NOUN
fbem-26183	101	47	are	be	AUX
fbem-26183	101	48	significant	significant	ADJ
fbem-26183	101	49	.	.	PUNCT
fbem-26183	102	1	this	this	DET
fbem-26183	102	2	result	result	NOUN
fbem-26183	102	3	is	be	AUX
fbem-26183	102	4	consistent	consistent	ADJ
fbem-26183	102	5	with	with	ADP
fbem-26183	102	6	the	the	DET
fbem-26183	102	7	previous	previous	ADJ
fbem-26183	102	8	conclusion	conclusion	NOUN
fbem-26183	102	9	,	,	PUNCT
fbem-26183	102	10	which	which	PRON
fbem-26183	102	11	proves	prove	VERB
fbem-26183	102	12	that	that	SCONJ
fbem-26183	102	13	the	the	DET
fbem-26183	102	14	research	research	NOUN
fbem-26183	102	15	conclusion	conclusion	NOUN
fbem-26183	102	16	is	be	AUX
fbem-26183	102	17	robust	robust	ADJ
fbem-26183	102	18	.	.	PUNCT
fbem-26183	103	1	table	table	NOUN
fbem-26183	103	2	4	4	NUM
fbem-26183	103	3	.	.	PUNCT
fbem-26183	103	4	robustness	robustness	NOUN
fbem-26183	103	5	test	test	NOUN
fbem-26183	103	6	(	(	PUNCT
fbem-26183	103	7	1	1	NUM
fbem-26183	103	8	)	)	PUNCT
fbem-26183	103	9	(	(	PUNCT
fbem-26183	103	10	2	2	NUM
fbem-26183	103	11	)	)	PUNCT
fbem-26183	103	12	(	(	PUNCT
fbem-26183	103	13	3	3	X
fbem-26183	103	14	)	)	PUNCT
fbem-26183	103	15	ww	ww	PROPN
fbem-26183	103	16	fc	fc	PROPN
fbem-26183	103	17	kz	kz	PROPN
fbem-26183	103	18	audit	audit	VERB
fbem-26183	103	19	no	no	INTJ
fbem-26183	103	20	.	.	PUNCT
fbem-26183	104	1	0.0010	0.0010	NUM
fbem-26183	104	2	*	*	PUNCT
fbem-26183	104	3	*	*	PUNCT
fbem-26183	104	4	*	*	PUNCT
fbem-26183	104	5	0.0072	0.0072	NUM
fbem-26183	104	6	*	*	PUNCT
fbem-26183	104	7	*	*	PUNCT
fbem-26183	104	8	*	*	PUNCT
fbem-26183	104	9	0.0538	0.0538	NUM
fbem-26183	104	10	*	*	PUNCT
fbem-26183	104	11	*	*	PUNCT
fbem-26183	104	12	*	*	PUNCT
fbem-26183	104	13	(	(	PUNCT
fbem-26183	104	14	2.61	2.61	NUM
fbem-26183	104	15	)	)	PUNCT
fbem-26183	104	16	(	(	PUNCT
fbem-26183	104	17	4.84	4.84	NUM
fbem-26183	104	18	)	)	PUNCT
fbem-26183	104	19	(	(	PUNCT
fbem-26183	104	20	3.57	3.57	NUM
fbem-26183	104	21	)	)	PUNCT
fbem-26183	104	22	size	size	NOUN
fbem-26183	104	23	-0.0464	-0.0464	NOUN
fbem-26183	104	24	*	*	PUNCT
fbem-26183	104	25	*	*	PUNCT
fbem-26183	104	26	*	*	PUNCT
fbem-26183	104	27	-0.1886	-0.1886	NOUN
fbem-26183	104	28	*	*	PUNCT
fbem-26183	105	1	*	*	PUNCT
fbem-26183	105	2	*	*	PUNCT
fbem-26183	105	3	-0.0401	-0.0401	INTJ
fbem-26183	106	1	*	*	PUNCT
fbem-26183	106	2	*	*	PUNCT
fbem-26183	106	3	*	*	PUNCT
fbem-26183	106	4	(	(	PUNCT
fbem-26183	106	5	-175.38	-175.38	PROPN
fbem-26183	106	6	)	)	PUNCT
fbem-26183	106	7	(	(	PUNCT
fbem-26183	106	8	-180.87	-180.87	PROPN
fbem-26183	106	9	)	)	PUNCT
fbem-26183	106	10	(	(	PUNCT
fbem-26183	106	11	-3.78	-3.78	X
fbem-26183	106	12	)	)	PUNCT
fbem-26183	106	13	growth	growth	NOUN
fbem-26183	106	14	-0.0435	-0.0435	PUNCT
fbem-26183	107	1	*	*	PUNCT
fbem-26183	108	1	*	*	PUNCT
fbem-26183	108	2	*	*	PUNCT
fbem-26183	108	3	0.0065	0.0065	NUM
fbem-26183	108	4	*	*	PUNCT
fbem-26183	108	5	*	*	NOUN
fbem-26183	108	6	-0.0716	-0.0716	NOUN
fbem-26183	108	7	*	*	PUNCT
fbem-26183	108	8	*	*	PUNCT
fbem-26183	108	9	*	*	PUNCT
fbem-26183	108	10	(	(	PUNCT
fbem-26183	108	11	-63.55	-63.55	PROPN
fbem-26183	108	12	)	)	PUNCT
fbem-26183	108	13	(	(	PUNCT
fbem-26183	108	14	2.40	2.40	NUM
fbem-26183	108	15	)	)	PUNCT
fbem-26183	108	16	(	(	PUNCT
fbem-26183	108	17	-2.61	-2.61	NOUN
fbem-26183	108	18	)	)	PUNCT
fbem-26183	108	19	lev	lev	NOUN
fbem-26183	108	20	0.0242	0.0242	NUM
fbem-26183	108	21	*	*	PUNCT
fbem-26183	108	22	*	*	PUNCT
fbem-26183	108	23	*	*	PUNCT
fbem-26183	108	24	-0.2258	-0.2258	NOUN
fbem-26183	108	25	*	*	PUNCT
fbem-26183	108	26	*	*	PUNCT
fbem-26183	108	27	*	*	PUNCT
fbem-26183	109	1	5.5254	5.5254	NUM
fbem-26183	109	2	*	*	PUNCT
fbem-26183	109	3	*	*	PUNCT
fbem-26183	109	4	*	*	PUNCT
fbem-26183	109	5	(	(	PUNCT
fbem-26183	109	6	12.22	12.22	NUM
fbem-26183	109	7	)	)	PUNCT
fbem-26183	109	8	(	(	PUNCT
fbem-26183	109	9	-28.86	-28.86	PROPN
fbem-26183	109	10	)	)	PUNCT
fbem-26183	109	11	(	(	PUNCT
fbem-26183	109	12	69.48	69.48	NUM
fbem-26183	109	13	)	)	PUNCT
fbem-26183	109	14	bm	bm	PROPN
fbem-26183	109	15	-0.0077	-0.0077	PROPN
fbem-26183	109	16	*	*	PROPN
fbem-26183	110	1	*	*	PUNCT
fbem-26183	110	2	*	*	PUNCT
fbem-26183	110	3	0.1670	0.1670	NUM
fbem-26183	110	4	*	*	PUNCT
fbem-26183	110	5	*	*	PUNCT
fbem-26183	110	6	*	*	PUNCT
fbem-26183	110	7	-1.6144	-1.6144	NOUN
fbem-26183	110	8	*	*	PUNCT
fbem-26183	110	9	*	*	PUNCT
fbem-26183	110	10	*	*	PUNCT
fbem-26183	110	11	(	(	PUNCT
fbem-26183	110	12	-6.24	-6.24	INTJ
fbem-26183	110	13	)	)	PUNCT
fbem-26183	110	14	(	(	PUNCT
fbem-26183	110	15	34.22	34.22	NUM
fbem-26183	110	16	)	)	PUNCT
fbem-26183	110	17	(	(	PUNCT
fbem-26183	110	18	-32.55	-32.55	NOUN
fbem-26183	110	19	)	)	PUNCT
fbem-26183	110	20	roa1	roa1	NOUN
fbem-26183	110	21	-0.1883	-0.1883	NOUN
fbem-26183	110	22	*	*	PUNCT
fbem-26183	111	1	*	*	PUNCT
fbem-26183	111	2	*	*	PUNCT
fbem-26183	112	1	0.4769	0.4769	NUM
fbem-26183	112	2	*	*	PUNCT
fbem-26183	112	3	*	*	PUNCT
fbem-26183	112	4	*	*	PUNCT
fbem-26183	112	5	-9.8324	-9.8324	ADJ
fbem-26183	112	6	*	*	PUNCT
fbem-26183	112	7	*	*	PUNCT
fbem-26183	112	8	*	*	PUNCT
fbem-26183	112	9	(	(	PUNCT
fbem-26183	112	10	-46.22	-46.22	PROPN
fbem-26183	112	11	)	)	PUNCT
fbem-26183	112	12	(	(	PUNCT
fbem-26183	112	13	29.68	29.68	NUM
fbem-26183	112	14	)	)	PUNCT
fbem-26183	112	15	(	(	PUNCT
fbem-26183	112	16	-60.21	-60.21	NOUN
fbem-26183	112	17	)	)	PUNCT
fbem-26183	112	18	dual	dual	ADJ
fbem-26183	112	19	-0.0015	-0.0015	NOUN
fbem-26183	112	20	*	*	PUNCT
fbem-26183	112	21	*	*	PUNCT
fbem-26183	112	22	*	*	PUNCT
fbem-26183	112	23	0.0136	0.0136	NUM
fbem-26183	112	24	*	*	PUNCT
fbem-26183	112	25	*	*	PUNCT
fbem-26183	112	26	*	*	PUNCT
fbem-26183	112	27	-0.0661	-0.0661	PUNCT
fbem-26183	112	28	*	*	PUNCT
fbem-26183	112	29	*	*	PUNCT
fbem-26183	112	30	*	*	PUNCT
fbem-26183	112	31	(	(	PUNCT
fbem-26183	112	32	-2.76	-2.76	NUM
fbem-26183	112	33	)	)	PUNCT
fbem-26183	112	34	(	(	PUNCT
fbem-26183	112	35	6.50	6.50	NUM
fbem-26183	112	36	)	)	PUNCT
fbem-26183	112	37	(	(	PUNCT
fbem-26183	112	38	-3.10	-3.10	NOUN
fbem-26183	112	39	)	)	PUNCT
fbem-26183	112	40	big4	big4	NOUN
fbem-26183	112	41	-0.0032	-0.0032	X
fbem-26183	112	42	*	*	PUNCT
fbem-26183	112	43	*	*	PUNCT
fbem-26183	112	44	*	*	PUNCT
fbem-26183	112	45	0.0414	0.0414	NUM
fbem-26183	112	46	*	*	PUNCT
fbem-26183	112	47	*	*	PUNCT
fbem-26183	112	48	*	*	NOUN
fbem-26183	112	49	-0.1503	-0.1503	NOUN
fbem-26183	112	50	*	*	PUNCT
fbem-26183	112	51	*	*	PUNCT
fbem-26183	112	52	*	*	PUNCT
fbem-26183	112	53	(	(	PUNCT
fbem-26183	112	54	-3.31	-3.31	NOUN
fbem-26183	112	55	)	)	PUNCT
fbem-26183	112	56	(	(	PUNCT
fbem-26183	112	57	10.88	10.88	NUM
fbem-26183	112	58	)	)	PUNCT
fbem-26183	112	59	(	(	PUNCT
fbem-26183	112	60	-3.88	-3.88	NOUN
fbem-26183	112	61	)	)	PUNCT
fbem-26183	112	62	liquid	liquid	NOUN
fbem-26183	112	63	0.0002	0.0002	NUM
fbem-26183	112	64	0.0009	0.0009	NUM
fbem-26183	112	65	-0.1395	-0.1395	NOUN
fbem-26183	112	66	*	*	PUNCT
fbem-26183	112	67	*	*	PUNCT
fbem-26183	112	68	*	*	PUNCT
fbem-26183	112	69	(	(	PUNCT
fbem-26183	112	70	1.47	1.47	NUM
fbem-26183	112	71	)	)	PUNCT
fbem-26183	112	72	(	(	PUNCT
fbem-26183	112	73	1.39	1.39	NUM
fbem-26183	112	74	)	)	PUNCT
fbem-26183	112	75	(	(	PUNCT
fbem-26183	112	76	-21.74	-21.74	PROPN
fbem-26183	112	77	)	)	PUNCT
fbem-26183	112	78	_	_	NOUN
fbem-26183	112	79	cons	con	NOUN
fbem-26183	112	80	0.0127	0.0127	NUM
fbem-26183	112	81	*	*	NOUN
fbem-26183	112	82	4.6491	4.6491	NUM
fbem-26183	112	83	*	*	PUNCT
fbem-26183	112	84	*	*	PUNCT
fbem-26183	112	85	*	*	PUNCT
fbem-26183	112	86	0.5007	0.5007	NUM
fbem-26183	112	87	*	*	SYM
fbem-26183	112	88	(	(	PUNCT
fbem-26183	112	89	1.69	1.69	NUM
fbem-26183	112	90	)	)	PUNCT
fbem-26183	112	91	(	(	PUNCT
fbem-26183	112	92	156.97	156.97	NUM
fbem-26183	112	93	)	)	PUNCT
fbem-26183	112	94	(	(	PUNCT
fbem-26183	112	95	1.66	1.66	NUM
fbem-26183	112	96	)	)	PUNCT
fbem-26183	112	97	n	n	CCONJ
fbem-26183	112	98	16,041	16,041	NUM
fbem-26183	112	99	16,041	16,041	NUM
fbem-26183	112	100	16,041	16,041	NUM
fbem-26183	112	101	r2	r2	NOUN
fbem-26183	112	102	0.8498	0.8498	NUM
fbem-26183	112	103	0.8254	0.8254	NUM
fbem-26183	112	104	0.6438	0.6438	NUM
fbem-26183	112	105	year	year	NOUN
fbem-26183	113	1	yes	yes	INTJ
fbem-26183	113	2	yes	yes	INTJ
fbem-26183	114	1	yes	yes	INTJ
fbem-26183	114	2	industry	industry	NOUN
fbem-26183	115	1	yes	yes	INTJ
fbem-26183	116	1	yes	yes	INTJ
fbem-26183	116	2	yes	yes	INTJ
fbem-26183	116	3	t	t	NOUN
fbem-26183	116	4	statistics	statistic	NOUN
fbem-26183	116	5	in	in	ADP
fbem-26183	116	6	parentheses	parenthesis	NOUN
fbem-26183	116	7	*	*	PUNCT
fbem-26183	117	1	p	p	X
fbem-26183	117	2	<	<	X
fbem-26183	117	3	0.1	0.1	NUM
fbem-26183	117	4	,	,	PUNCT
fbem-26183	117	5	*	*	PUNCT
fbem-26183	117	6	*	*	PUNCT
fbem-26183	118	1	p	p	X
fbem-26183	118	2	<	<	X
fbem-26183	118	3	0.05	0.05	NUM
fbem-26183	118	4	,	,	PUNCT
fbem-26183	118	5	*	*	PUNCT
fbem-26183	118	6	*	*	PUNCT
fbem-26183	118	7	*	*	PUNCT
fbem-26183	119	1	p	p	X
fbem-26183	119	2	<	<	X
fbem-26183	119	3	0.01	0.01	NUM
fbem-26183	119	4	6	6	NUM
fbem-26183	119	5	.	.	PUNCT
fbem-26183	120	1	conclusion	conclusion	NOUN
fbem-26183	120	2	the	the	DET
fbem-26183	120	3	paper	paper	NOUN
fbem-26183	120	4	uses	use	VERB
fbem-26183	120	5	the	the	DET
fbem-26183	120	6	financial	financial	ADJ
fbem-26183	120	7	report	report	NOUN
fbem-26183	120	8	and	and	CCONJ
fbem-26183	120	9	audit	audit	NOUN
fbem-26183	120	10	report	report	NOUN
fbem-26183	120	11	data	datum	NOUN
fbem-26183	120	12	of	of	ADP
fbem-26183	120	13	a	a	DET
fbem-26183	120	14	-	-	PUNCT
fbem-26183	120	15	share	share	NOUN
fbem-26183	120	16	from	from	ADP
fbem-26183	120	17	2016	2016	NUM
fbem-26183	120	18	to	to	ADP
fbem-26183	120	19	2022	2022	NUM
fbem-26183	120	20	to	to	PART
fbem-26183	120	21	construct	construct	VERB
fbem-26183	120	22	a	a	DET
fbem-26183	120	23	regression	regression	NOUN
fbem-26183	120	24	model	model	NOUN
fbem-26183	120	25	,	,	PUNCT
fbem-26183	120	26	and	and	CCONJ
fbem-26183	120	27	analyzes	analyze	VERB
fbem-26183	120	28	the	the	DET
fbem-26183	120	29	disclosure	disclosure	NOUN
fbem-26183	120	30	of	of	ADP
fbem-26183	120	31	key	key	ADJ
fbem-26183	120	32	audit	audit	NOUN
fbem-26183	120	33	matters	matter	NOUN
fbem-26183	120	34	and	and	CCONJ
fbem-26183	120	35	the	the	DET
fbem-26183	120	36	correlation	correlation	NOUN
fbem-26183	120	37	between	between	ADP
fbem-26183	120	38	the	the	DET
fbem-26183	120	39	number	number	NOUN
fbem-26183	120	40	and	and	CCONJ
fbem-26183	120	41	corporate	corporate	ADJ
fbem-26183	120	42	financing	financing	NOUN
fbem-26183	120	43	constraints	constraint	NOUN
fbem-26183	120	44	.	.	PUNCT
fbem-26183	121	1	the	the	DET
fbem-26183	121	2	research	research	NOUN
fbem-26183	121	3	conclusions	conclusion	NOUN
fbem-26183	121	4	are	be	AUX
fbem-26183	121	5	as	as	SCONJ
fbem-26183	121	6	follows	follow	VERB
fbem-26183	121	7	:	:	PUNCT
fbem-26183	121	8	(	(	PUNCT
fbem-26183	121	9	1	1	X
fbem-26183	121	10	)	)	PUNCT
fbem-26183	121	11	the	the	PRON
fbem-26183	121	12	more	more	ADV
fbem-26183	121	13	the	the	DET
fbem-26183	121	14	number	number	NOUN
fbem-26183	121	15	of	of	ADP
fbem-26183	121	16	key	key	ADJ
fbem-26183	121	17	audit	audit	NOUN
fbem-26183	121	18	matters	matter	NOUN
fbem-26183	121	19	disclosed	disclose	VERB
fbem-26183	121	20	,	,	PUNCT
fbem-26183	121	21	the	the	PRON
fbem-26183	121	22	more	more	ADV
fbem-26183	121	23	the	the	DET
fbem-26183	121	24	equity	equity	NOUN
fbem-26183	121	25	finance	finance	NOUN
fbem-26183	121	26	cost	cost	NOUN
fbem-26183	121	27	of	of	ADP
fbem-26183	121	28	the	the	DET
fbem-26183	121	29	enterprise	enterprise	NOUN
fbem-26183	121	30	will	will	AUX
fbem-26183	121	31	increase	increase	VERB
fbem-26183	121	32	.	.	PUNCT
fbem-26183	122	1	(	(	PUNCT
fbem-26183	122	2	2	2	X
fbem-26183	122	3	)	)	PUNCT
fbem-26183	122	4	the	the	PRON
fbem-26183	122	5	larger	large	ADJ
fbem-26183	122	6	the	the	DET
fbem-26183	122	7	board	board	NOUN
fbem-26183	122	8	of	of	ADP
fbem-26183	122	9	directors	director	NOUN
fbem-26183	122	10	,	,	PUNCT
fbem-26183	122	11	the	the	PRON
fbem-26183	122	12	better	well	ADJ
fbem-26183	122	13	the	the	DET
fbem-26183	122	14	financing	financing	NOUN
fbem-26183	122	15	constraint	constraint	NOUN
fbem-26183	122	16	of	of	ADP
fbem-26183	122	17	the	the	DET
fbem-26183	122	18	enterprise	enterprise	NOUN
fbem-26183	122	19	will	will	AUX
fbem-26183	122	20	be	be	AUX
fbem-26183	122	21	eased	ease	VERB
fbem-26183	122	22	.	.	PUNCT
fbem-26183	123	1	however	however	ADV
fbem-26183	123	2	,	,	PUNCT
fbem-26183	123	3	the	the	DET
fbem-26183	123	4	data	data	NOUN
fbem-26183	123	5	sample	sample	NOUN
fbem-26183	123	6	of	of	ADP
fbem-26183	123	7	this	this	DET
fbem-26183	123	8	study	study	NOUN
fbem-26183	123	9	is	be	AUX
fbem-26183	123	10	limited	limit	VERB
fbem-26183	123	11	to	to	ADP
fbem-26183	123	12	the	the	DET
fbem-26183	123	13	a	a	DET
fbem-26183	123	14	-	-	PUNCT
fbem-26183	123	15	share	share	NOUN
fbem-26183	123	16	market	market	NOUN
fbem-26183	123	17	and	and	CCONJ
fbem-26183	123	18	does	do	AUX
fbem-26183	123	19	not	not	PART
fbem-26183	123	20	take	take	VERB
fbem-26183	123	21	into	into	ADP
fbem-26183	123	22	account	account	NOUN
fbem-26183	123	23	the	the	DET
fbem-26183	123	24	data	datum	NOUN
fbem-26183	123	25	of	of	ADP
fbem-26183	123	26	h	h	NOUN
fbem-26183	123	27	-	-	PUNCT
fbem-26183	123	28	share	share	NOUN
fbem-26183	123	29	listed	list	VERB
fbem-26183	123	30	companies	company	NOUN
fbem-26183	123	31	.	.	PUNCT
fbem-26183	124	1	therefore	therefore	ADV
fbem-26183	124	2	,	,	PUNCT
fbem-26183	124	3	the	the	DET
fbem-26183	124	4	research	research	NOUN
fbem-26183	124	5	conclusion	conclusion	NOUN
fbem-26183	124	6	may	may	AUX
fbem-26183	124	7	not	not	PART
fbem-26183	124	8	be	be	AUX
fbem-26183	124	9	fully	fully	ADV
fbem-26183	124	10	applicable	applicable	ADJ
fbem-26183	124	11	to	to	ADP
fbem-26183	124	12	other	other	ADJ
fbem-26183	124	13	securities	security	NOUN
fbem-26183	124	14	markets	market	NOUN
fbem-26183	124	15	,	,	PUNCT
fbem-26183	124	16	and	and	CCONJ
fbem-26183	124	17	its	its	PRON
fbem-26183	124	18	external	external	ADJ
fbem-26183	124	19	effectiveness	effectiveness	NOUN
fbem-26183	124	20	has	have	VERB
fbem-26183	124	21	certain	certain	ADJ
fbem-26183	124	22	limitations	limitation	NOUN
fbem-26183	124	23	.	.	PUNCT
fbem-26183	125	1	in	in	ADP
fbem-26183	125	2	addition	addition	NOUN
fbem-26183	125	3	,	,	PUNCT
fbem-26183	125	4	key	key	ADJ
fbem-26183	125	5	audit	audit	NOUN
fbem-26183	125	6	matters	matter	NOUN
fbem-26183	125	7	can	can	AUX
fbem-26183	125	8	be	be	AUX
fbem-26183	125	9	broken	break	VERB
fbem-26183	125	10	down	down	ADP
fbem-26183	125	11	according	accord	VERB
fbem-26183	125	12	to	to	ADP
fbem-26183	125	13	their	their	PRON
fbem-26183	125	14	contents	content	NOUN
fbem-26183	125	15	.	.	PUNCT
fbem-26183	126	1	different	different	ADJ
fbem-26183	126	2	types	type	NOUN
fbem-26183	126	3	of	of	ADP
fbem-26183	126	4	key	key	ADJ
fbem-26183	126	5	audit	audit	NOUN
fbem-26183	126	6	matters	matter	NOUN
fbem-26183	126	7	may	may	AUX
fbem-26183	126	8	require	require	VERB
fbem-26183	126	9	us	we	PRON
fbem-26183	126	10	to	to	PART
fbem-26183	126	11	conduct	conduct	VERB
fbem-26183	126	12	more	more	ADJ
fbem-26183	126	13	in	in	ADP
fbem-26183	126	14	-	-	PUNCT
fbem-26183	126	15	depth	depth	NOUN
fbem-26183	126	16	research	research	NOUN
fbem-26183	126	17	and	and	CCONJ
fbem-26183	126	18	discussion	discussion	NOUN
fbem-26183	126	19	.	.	PUNCT
fbem-26183	127	1	references	reference	NOUN
fbem-26183	127	2	[	[	X
fbem-26183	127	3	1	1	NUM
fbem-26183	127	4	]	]	X
fbem-26183	127	5	christensen	christensen	PROPN
fbem-26183	127	6	,	,	PUNCT
fbem-26183	127	7	brant	brant	NOUN
fbem-26183	127	8	e	e	NOUN
fbem-26183	127	9	,	,	PUNCT
fbem-26183	127	10	elder	elder	NOUN
fbem-26183	127	11	,	,	PUNCT
fbem-26183	127	12	et	et	PROPN
fbem-26183	127	13	al	al	PROPN
fbem-26183	127	14	.	.	PROPN
fbem-26183	128	1	behind	behind	ADP
fbem-26183	128	2	the	the	DET
fbem-26183	128	3	numbers	number	NOUN
fbem-26183	128	4	:	:	PUNCT
fbem-26183	128	5	insights	insight	NOUN
fbem-26183	128	6	into	into	ADP
fbem-26183	128	7	large	large	ADJ
fbem-26183	128	8	audit	audit	NOUN
fbem-26183	128	9	firm	firm	NOUN
fbem-26183	128	10	sampling	sample	VERB
fbem-26183	128	11	policies	policy	NOUN
fbem-26183	128	12	[	[	X
fbem-26183	128	13	j	j	X
fbem-26183	128	14	]	]	X
fbem-26183	128	15	.	.	PUNCT
fbem-26183	129	1	accounting	accounting	NOUN
fbem-26183	129	2	horizons	horizon	NOUN
fbem-26183	129	3	,	,	PUNCT
fbem-26183	129	4	2015.doi:10.2308	2015.doi:10.2308	NUM
fbem-26183	129	5	/	/	SYM
fbem-26183	129	6	acch-50921	acch-50921	NOUN
fbem-26183	129	7	.	.	PUNCT
fbem-26183	130	1	[	[	X
fbem-26183	130	2	2	2	NUM
fbem-26183	130	3	]	]	SYM
fbem-26183	130	4	li	li	PROPN
fbem-26183	130	5	,	,	PUNCT
fbem-26183	130	6	l.	l.	PROPN
fbem-26183	130	7	,	,	PUNCT
fbem-26183	130	8	huang	huang	PROPN
fbem-26183	130	9	,	,	PUNCT
fbem-26183	130	10	l.	l.	PROPN
fbem-26183	130	11	,	,	PUNCT
fbem-26183	130	12	&	&	CCONJ
fbem-26183	130	13	li	li	PROPN
fbem-26183	130	14	,	,	PUNCT
fbem-26183	130	15	y.	y.	PROPN
fbem-26183	130	16	(	(	PUNCT
fbem-26183	130	17	2009	2009	NUM
fbem-26183	130	18	)	)	PUNCT
fbem-26183	130	19	.	.	PUNCT
fbem-26183	131	1	corporate	corporate	ADJ
fbem-26183	131	2	group	group	NOUN
fbem-26183	131	3	operation	operation	NOUN
fbem-26183	131	4	and	and	CCONJ
fbem-26183	131	5	financing	financing	NOUN
fbem-26183	131	6	constraints	constraint	NOUN
fbem-26183	131	7	:	:	PUNCT
fbem-26183	131	8	an	an	DET
fbem-26183	131	9	analysis	analysis	NOUN
fbem-26183	131	10	from	from	ADP
fbem-26183	131	11	static	static	ADJ
fbem-26183	131	12	and	and	CCONJ
fbem-26183	131	13	dynamic	dynamic	ADJ
fbem-26183	131	14	perspectives	perspective	NOUN
fbem-26183	131	15	.	.	PUNCT
fbem-26183	132	1	china	china	PROPN
fbem-26183	132	2	soft	soft	ADJ
fbem-26183	132	3	science	science	NOUN
fbem-26183	132	4	,	,	PUNCT
fbem-26183	132	5	4	4	NUM
fbem-26183	132	6	,	,	PUNCT
fbem-26183	132	7	9	9	NUM
fbem-26183	132	8	.	.	PUNCT
fbem-26183	133	1	[	[	X
fbem-26183	133	2	3	3	NUM
fbem-26183	133	3	]	]	X
fbem-26183	133	4	liu	liu	PROPN
fbem-26183	133	5	,	,	PUNCT
fbem-26183	133	6	d.	d.	PROPN
fbem-26183	133	7	(	(	PUNCT
fbem-26183	133	8	2018	2018	NUM
fbem-26183	133	9	)	)	PUNCT
fbem-26183	133	10	.	.	PUNCT
fbem-26183	134	1	enterprise	enterprise	NOUN
fbem-26183	134	2	strategic	strategic	ADJ
fbem-26183	134	3	differences	difference	NOUN
fbem-26183	134	4	and	and	CCONJ
fbem-26183	134	5	debt	debt	NOUN
fbem-26183	134	6	financing	financing	NOUN
fbem-26183	134	7	costs	cost	NOUN
fbem-26183	134	8	(	(	PUNCT
fbem-26183	134	9	doctoral	doctoral	ADJ
fbem-26183	134	10	dissertation	dissertation	NOUN
fbem-26183	134	11	,	,	PUNCT
fbem-26183	134	12	shihezi	shihezi	PROPN
fbem-26183	134	13	university	university	NOUN
fbem-26183	134	14	)	)	PUNCT
fbem-26183	134	15	.	.	PUNCT
fbem-26183	135	1	retrieved	retrieve	VERB
fbem-26183	135	2	from	from	ADP
fbem-26183	135	3	https://kns.cnki.net/kcms/detail/detail.aspx?dbcode=cdfd	https://kns.cnki.net/kcms/detail/detail.aspx?dbcode=cdfd	PROPN
fbem-26183	135	4	&	&	CCONJ
fbem-26183	135	5	dbname	dbname	PROPN
fbem-26183	135	6	=	=	SYM
fbem-26183	135	7	cdfd2018&filename=1018884377.nh	cdfd2018&filename=1018884377.nh	NOUN
fbem-26183	135	8	[	[	X
fbem-26183	135	9	4	4	NUM
fbem-26183	135	10	]	]	PUNCT
fbem-26183	135	11	myers	myer	NOUN
fbem-26183	135	12	,	,	PUNCT
fbem-26183	135	13	s.	s.	PROPN
fbem-26183	135	14	c.	c.	PROPN
fbem-26183	135	15	,	,	PUNCT
fbem-26183	135	16	&	&	CCONJ
fbem-26183	135	17	majluf	majluf	PROPN
fbem-26183	135	18	,	,	PUNCT
fbem-26183	135	19	n.	n.	PROPN
fbem-26183	135	20	s.	s.	PROPN
fbem-26183	135	21	(	(	PUNCT
fbem-26183	135	22	1984	1984	NUM
fbem-26183	135	23	)	)	PUNCT
fbem-26183	135	24	.	.	PUNCT
fbem-26183	136	1	corporate	corporate	ADJ
fbem-26183	136	2	financing	financing	NOUN
fbem-26183	136	3	and	and	CCONJ
fbem-26183	136	4	investment	investment	NOUN
fbem-26183	136	5	decisions	decision	NOUN
fbem-26183	136	6	when	when	SCONJ
fbem-26183	136	7	firms	firm	NOUN
fbem-26183	136	8	have	have	VERB
fbem-26183	136	9	information	information	NOUN
fbem-26183	136	10	that	that	SCONJ
fbem-26183	136	11	investors	investor	NOUN
fbem-26183	136	12	do	do	AUX
fbem-26183	136	13	not	not	PART
fbem-26183	136	14	have	have	VERB
fbem-26183	136	15	.	.	PUNCT
fbem-26183	137	1	journal	journal	NOUN
fbem-26183	137	2	of	of	ADP
fbem-26183	137	3	financial	financial	ADJ
fbem-26183	137	4	economics	economic	NOUN
fbem-26183	137	5	,	,	PUNCT
fbem-26183	137	6	13(2	13(2	PROPN
fbem-26183	137	7	)	)	PUNCT
fbem-26183	137	8	,	,	PUNCT
fbem-26183	137	9	187–221	187–221	NUM
fbem-26183	137	10	.	.	PUNCT
fbem-26183	138	1	[	[	X
fbem-26183	138	2	5	5	NUM
fbem-26183	138	3	]	]	X
fbem-26183	138	4	reid	reid	PROPN
fbem-26183	138	5	,	,	PUNCT
fbem-26183	138	6	l.	l.	PROPN
fbem-26183	138	7	c.	c.	PROPN
fbem-26183	138	8	,	,	PUNCT
fbem-26183	138	9	&	&	CCONJ
fbem-26183	138	10	carcello	carcello	PROPN
fbem-26183	138	11	,	,	PUNCT
fbem-26183	138	12	j.	j.	PROPN
fbem-26183	138	13	v.	v.	PROPN
fbem-26183	138	14	.	.	PUNCT
fbem-26183	139	1	(	(	PUNCT
fbem-26183	139	2	2014	2014	NUM
fbem-26183	139	3	)	)	PUNCT
fbem-26183	139	4	.	.	PUNCT
fbem-26183	140	1	investor	investor	NOUN
fbem-26183	140	2	reaction	reaction	NOUN
fbem-26183	140	3	to	to	ADP
fbem-26183	140	4	the	the	DET
fbem-26183	140	5	prospect	prospect	NOUN
fbem-26183	140	6	of	of	ADP
fbem-26183	140	7	mandatory	mandatory	ADJ
fbem-26183	140	8	audit	audit	NOUN
fbem-26183	140	9	firm	firm	ADJ
fbem-26183	140	10	rotation	rotation	NOUN
fbem-26183	140	11	.	.	PUNCT
fbem-26183	141	1	social	social	ADJ
fbem-26183	141	2	science	science	NOUN
fbem-26183	141	3	electronic	electronic	ADJ
fbem-26183	141	4	publishing	publishing	NOUN
fbem-26183	141	5	,	,	PUNCT
fbem-26183	141	6	92(1	92(1	NOUN
fbem-26183	141	7	)	)	PUNCT
fbem-26183	141	8	.	.	PUNCT
fbem-26183	142	1	[	[	X
fbem-26183	142	2	6	6	NUM
fbem-26183	142	3	]	]	SYM
fbem-26183	142	4	sirois	sirois	NOUN
fbem-26183	142	5	,	,	PUNCT
fbem-26183	142	6	l.	l.	PROPN
fbem-26183	142	7	p.	p.	PROPN
fbem-26183	142	8	,	,	PUNCT
fbem-26183	142	9	bédard	bédard	PROPN
fbem-26183	142	10	,	,	PUNCT
fbem-26183	142	11	j.	j.	PROPN
fbem-26183	142	12	,	,	PUNCT
fbem-26183	142	13	&	&	CCONJ
fbem-26183	142	14	bera	bera	NOUN
fbem-26183	142	15	,	,	PUNCT
fbem-26183	142	16	p.	p.	NOUN
fbem-26183	142	17	(	(	PUNCT
fbem-26183	142	18	2018	2018	NUM
fbem-26183	142	19	)	)	PUNCT
fbem-26183	142	20	.	.	PUNCT
fbem-26183	143	1	the	the	DET
fbem-26183	143	2	informational	informational	ADJ
fbem-26183	143	3	value	value	NOUN
fbem-26183	143	4	of	of	ADP
fbem-26183	143	5	key	key	ADJ
fbem-26183	143	6	audit	audit	NOUN
fbem-26183	143	7	matters	matter	NOUN
fbem-26183	143	8	in	in	ADP
fbem-26183	143	9	the	the	DET
fbem-26183	143	10	auditor	auditor	NOUN
fbem-26183	143	11	’s	’s	PART
fbem-26183	143	12	report	report	NOUN
fbem-26183	143	13	:	:	PUNCT
fbem-26183	143	14	evidence	evidence	NOUN
fbem-26183	143	15	from	from	ADP
fbem-26183	143	16	an	an	DET
fbem-26183	143	17	eye	eye	NOUN
fbem-26183	143	18	-	-	PUNCT
fbem-26183	143	19	tracking	track	VERB
fbem-26183	143	20	study	study	NOUN
fbem-26183	143	21	.	.	PUNCT
fbem-26183	144	1	accounting	accounting	NOUN
fbem-26183	144	2	horizons	horizon	NOUN
fbem-26183	144	3	,	,	PUNCT
fbem-26183	144	4	32(2	32(2	NUM
fbem-26183	144	5	)	)	PUNCT
fbem-26183	144	6	,	,	PUNCT
fbem-26183	144	7	141	141	NUM
fbem-26183	144	8	–	–	PUNCT
fbem-26183	144	9	162	162	NUM
fbem-26183	144	10	.	.	PUNCT
fbem-26183	145	1	https://doi.org/10.2308/acch-51847	https://doi.org/10.2308/acch-51847	PROPN