id	sid	tid	token	lemma	pos
gjear-925	1	1	www.ijmsssr.org	www.ijmsssr.org	PROPN
gjear-925	1	2	global	global	ADJ
gjear-925	1	3	journal	journal	PROPN
gjear-925	1	4	of	of	ADP
gjear-925	1	5	education	education	NOUN
gjear-925	1	6	and	and	CCONJ
gjear-925	1	7	allied	ally	VERB
gjear-925	1	8	research	research	NOUN
gjear-925	1	9	(	(	PUNCT
gjear-925	1	10	gjear	gjear	NOUN
gjear-925	1	11	)	)	PUNCT
gjear-925	1	12	volume.13	volume.13	PROPN
gjear-925	1	13	,	,	PUNCT
gjear-925	1	14	number	number	NOUN
gjear-925	1	15	1	1	NUM
gjear-925	1	16	;	;	PUNCT
gjear-925	1	17	january-2022	january-2022	NOUN
gjear-925	1	18	;	;	PUNCT
gjear-925	1	19	issn	issn	PROPN
gjear-925	1	20	:	:	PUNCT
gjear-925	1	21	2837	2837	NUM
gjear-925	1	22	-	-	SYM
gjear-925	1	23	3707	3707	NUM
gjear-925	1	24	|	|	NOUN
gjear-925	1	25	impact	impact	NOUN
gjear-925	1	26	factor	factor	NOUN
gjear-925	1	27	:	:	PUNCT
gjear-925	1	28	6.79	6.79	NUM
gjear-925	1	29	https://zapjournals.com/journals/index.php/gjear	https://zapjournals.com/journals/index.php/gjear	NOUN
gjear-925	1	30	published	publish	VERB
gjear-925	1	31	by	by	ADP
gjear-925	1	32	:	:	PUNCT
gjear-925	1	33	zendo	zendo	PROPN
gjear-925	1	34	academic	academic	PROPN
gjear-925	1	35	publishing	publishing	PROPN
gjear-925	1	36	pg	pg	PROPN
gjear-925	1	37	.	.	PROPN
gjear-925	1	38	11	11	NUM
gjear-925	1	39	venture	venture	NOUN
gjear-925	1	40	capital	capital	NOUN
gjear-925	1	41	dynamics	dynamic	NOUN
gjear-925	1	42	:	:	PUNCT
gjear-925	1	43	exploring	explore	VERB
gjear-925	1	44	profitability	profitability	NOUN
gjear-925	1	45	boosts	boost	NOUN
gjear-925	1	46	for	for	ADP
gjear-925	1	47	companies	company	NOUN
gjear-925	1	48	in	in	ADP
gjear-925	1	49	crisis	crisis	NOUN
gjear-925	1	50	1dr	1dr	NOUN
gjear-925	1	51	.	.	PUNCT
gjear-925	2	1	amanda	amanda	PROPN
gjear-925	2	2	sofia	sofia	PROPN
gjear-925	2	3	johnson	johnson	PROPN
gjear-925	2	4	and	and	CCONJ
gjear-925	2	5	2prof	2prof	NUM
gjear-925	2	6	.	.	PUNCT
gjear-925	3	1	david	david	PROPN
gjear-925	3	2	alexander	alexander	PROPN
gjear-925	3	3	williams	williams	PROPN
gjear-925	3	4	article	article	PROPN
gjear-925	3	5	info	info	NOUN
gjear-925	3	6	abstract	abstract	ADJ
gjear-925	3	7	keywords	keyword	NOUN
gjear-925	3	8	:	:	PUNCT
gjear-925	3	9	covid-19	covid-19	PROPN
gjear-925	3	10	pandemic	pandemic	ADJ
gjear-925	3	11	,	,	PUNCT
gjear-925	3	12	venture	venture	NOUN
gjear-925	3	13	capital	capital	NOUN
gjear-925	3	14	,	,	PUNCT
gjear-925	3	15	profitability	profitability	NOUN
gjear-925	3	16	,	,	PUNCT
gjear-925	3	17	finance	finance	NOUN
gjear-925	3	18	companies	company	NOUN
gjear-925	3	19	,	,	PUNCT
gjear-925	3	20	financial	financial	ADJ
gjear-925	3	21	performance	performance	NOUN
gjear-925	3	22	the	the	DET
gjear-925	3	23	covid-19	covid-19	PROPN
gjear-925	3	24	pandemic	pandemic	NOUN
gjear-925	3	25	has	have	AUX
gjear-925	3	26	exerted	exert	VERB
gjear-925	3	27	substantial	substantial	ADJ
gjear-925	3	28	impacts	impact	NOUN
gjear-925	3	29	on	on	ADP
gjear-925	3	30	various	various	ADJ
gjear-925	3	31	facets	facet	NOUN
gjear-925	3	32	,	,	PUNCT
gjear-925	3	33	notably	notably	ADV
gjear-925	3	34	health	health	NOUN
gjear-925	3	35	and	and	CCONJ
gjear-925	3	36	economics	economic	NOUN
gjear-925	3	37	.	.	PUNCT
gjear-925	4	1	companies	company	NOUN
gjear-925	4	2	have	have	AUX
gjear-925	4	3	adopted	adopt	VERB
gjear-925	4	4	diverse	diverse	ADJ
gjear-925	4	5	strategies	strategy	NOUN
gjear-925	4	6	,	,	PUNCT
gjear-925	4	7	including	include	VERB
gjear-925	4	8	seeking	seek	VERB
gjear-925	4	9	external	external	ADJ
gjear-925	4	10	financing	financing	NOUN
gjear-925	4	11	,	,	PUNCT
gjear-925	4	12	to	to	PART
gjear-925	4	13	enhance	enhance	VERB
gjear-925	4	14	resilience	resilience	NOUN
gjear-925	4	15	and	and	CCONJ
gjear-925	4	16	performance	performance	NOUN
gjear-925	4	17	during	during	ADP
gjear-925	4	18	these	these	DET
gjear-925	4	19	turbulent	turbulent	ADJ
gjear-925	4	20	times	time	NOUN
gjear-925	4	21	.	.	PUNCT
gjear-925	5	1	this	this	DET
gjear-925	5	2	study	study	NOUN
gjear-925	5	3	investigates	investigate	VERB
gjear-925	5	4	the	the	DET
gjear-925	5	5	effects	effect	NOUN
gjear-925	5	6	of	of	ADP
gjear-925	5	7	venture	venture	NOUN
gjear-925	5	8	capital	capital	NOUN
gjear-925	5	9	infusion	infusion	NOUN
gjear-925	5	10	on	on	ADP
gjear-925	5	11	a	a	DET
gjear-925	5	12	company	company	NOUN
gjear-925	5	13	's	's	PART
gjear-925	5	14	profitability	profitability	NOUN
gjear-925	5	15	in	in	ADP
gjear-925	5	16	the	the	DET
gjear-925	5	17	context	context	NOUN
gjear-925	5	18	of	of	ADP
gjear-925	5	19	the	the	DET
gjear-925	5	20	pandemic	pandemic	NOUN
gjear-925	5	21	.	.	PUNCT
gjear-925	6	1	drawing	draw	VERB
gjear-925	6	2	from	from	ADP
gjear-925	6	3	ratna	ratna	PROPN
gjear-925	6	4	(	(	PUNCT
gjear-925	6	5	2013	2013	NUM
gjear-925	6	6	)	)	PUNCT
gjear-925	6	7	and	and	CCONJ
gjear-925	6	8	kurniawati	kurniawati	NOUN
gjear-925	6	9	(	(	PUNCT
gjear-925	6	10	2017	2017	NUM
gjear-925	6	11	)	)	PUNCT
gjear-925	6	12	,	,	PUNCT
gjear-925	6	13	the	the	DET
gjear-925	6	14	study	study	NOUN
gjear-925	6	15	emphasizes	emphasize	VERB
gjear-925	6	16	the	the	DET
gjear-925	6	17	critical	critical	ADJ
gjear-925	6	18	role	role	NOUN
gjear-925	6	19	of	of	ADP
gjear-925	6	20	finance	finance	NOUN
gjear-925	6	21	companies	company	NOUN
gjear-925	6	22	,	,	PUNCT
gjear-925	6	23	particularly	particularly	ADV
gjear-925	6	24	amidst	amidst	ADP
gjear-925	6	25	intense	intense	ADJ
gjear-925	6	26	business	business	NOUN
gjear-925	6	27	competition	competition	NOUN
gjear-925	6	28	,	,	PUNCT
gjear-925	6	29	as	as	ADP
gjear-925	6	30	essential	essential	ADJ
gjear-925	6	31	sources	source	NOUN
gjear-925	6	32	of	of	ADP
gjear-925	6	33	funds	fund	NOUN
gjear-925	6	34	for	for	ADP
gjear-925	6	35	investment	investment	NOUN
gjear-925	6	36	,	,	PUNCT
gjear-925	6	37	working	working	NOUN
gjear-925	6	38	capital	capital	NOUN
gjear-925	6	39	,	,	PUNCT
gjear-925	6	40	and	and	CCONJ
gjear-925	6	41	economic	economic	ADJ
gjear-925	6	42	growth	growth	NOUN
gjear-925	6	43	.	.	PUNCT
gjear-925	7	1	profitability	profitability	NOUN
gjear-925	7	2	serves	serve	VERB
gjear-925	7	3	as	as	ADP
gjear-925	7	4	a	a	DET
gjear-925	7	5	cornerstone	cornerstone	NOUN
gjear-925	7	6	for	for	ADP
gjear-925	7	7	a	a	DET
gjear-925	7	8	company	company	NOUN
gjear-925	7	9	's	's	PART
gjear-925	7	10	sustenance	sustenance	NOUN
gjear-925	7	11	and	and	CCONJ
gjear-925	7	12	advancement	advancement	NOUN
gjear-925	7	13	,	,	PUNCT
gjear-925	7	14	influencing	influence	VERB
gjear-925	7	15	operational	operational	ADJ
gjear-925	7	16	and	and	CCONJ
gjear-925	7	17	maintenance	maintenance	NOUN
gjear-925	7	18	aspects	aspect	NOUN
gjear-925	7	19	as	as	SCONJ
gjear-925	7	20	articulated	articulate	VERB
gjear-925	7	21	by	by	ADP
gjear-925	7	22	marlinah	marlinah	PROPN
gjear-925	7	23	(	(	PUNCT
gjear-925	7	24	2014	2014	NUM
gjear-925	7	25	)	)	PUNCT
gjear-925	7	26	.	.	PUNCT
gjear-925	8	1	analyzing	analyze	VERB
gjear-925	8	2	financial	financial	ADJ
gjear-925	8	3	statements	statement	NOUN
gjear-925	8	4	and	and	CCONJ
gjear-925	8	5	profitability	profitability	NOUN
gjear-925	8	6	ratios	ratio	NOUN
gjear-925	8	7	,	,	PUNCT
gjear-925	8	8	the	the	DET
gjear-925	8	9	study	study	NOUN
gjear-925	8	10	assesses	assess	VERB
gjear-925	8	11	the	the	DET
gjear-925	8	12	relationship	relationship	NOUN
gjear-925	8	13	between	between	ADP
gjear-925	8	14	venture	venture	NOUN
gjear-925	8	15	capital	capital	NOUN
gjear-925	8	16	injection	injection	NOUN
gjear-925	8	17	and	and	CCONJ
gjear-925	8	18	net	net	ADJ
gjear-925	8	19	income	income	NOUN
gjear-925	8	20	generation	generation	NOUN
gjear-925	8	21	,	,	PUNCT
gjear-925	8	22	which	which	PRON
gjear-925	8	23	indicates	indicate	VERB
gjear-925	8	24	managerial	managerial	ADJ
gjear-925	8	25	efficacy	efficacy	NOUN
gjear-925	8	26	and	and	CCONJ
gjear-925	8	27	overall	overall	ADJ
gjear-925	8	28	company	company	NOUN
gjear-925	8	29	performance	performance	NOUN
gjear-925	8	30	.	.	PUNCT
gjear-925	9	1	a	a	DET
gjear-925	9	2	case	case	NOUN
gjear-925	9	3	in	in	ADP
gjear-925	9	4	point	point	NOUN
gjear-925	9	5	is	be	AUX
gjear-925	9	6	presented	present	VERB
gjear-925	9	7	through	through	ADP
gjear-925	9	8	pt	pt	PROPN
gjear-925	9	9	buana	buana	PROPN
gjear-925	9	10	finance	finance	PROPN
gjear-925	9	11	tbk	tbk	PROPN
gjear-925	9	12	,	,	PUNCT
gjear-925	9	13	highlighting	highlight	VERB
gjear-925	9	14	the	the	DET
gjear-925	9	15	industry	industry	NOUN
gjear-925	9	16	's	's	PART
gjear-925	9	17	challenges	challenge	NOUN
gjear-925	9	18	and	and	CCONJ
gjear-925	9	19	experiences	experience	NOUN
gjear-925	9	20	during	during	ADP
gjear-925	9	21	the	the	DET
gjear-925	9	22	initial	initial	ADJ
gjear-925	9	23	wave	wave	NOUN
gjear-925	9	24	of	of	ADP
gjear-925	9	25	the	the	DET
gjear-925	9	26	pandemic	pandemic	ADJ
gjear-925	9	27	(	(	PUNCT
gjear-925	9	28	agustine	agustine	NOUN
gjear-925	9	29	,	,	PUNCT
gjear-925	9	30	2015	2015	NUM
gjear-925	9	31	)	)	PUNCT
gjear-925	9	32	.	.	PUNCT
gjear-925	10	1	this	this	DET
gjear-925	10	2	research	research	NOUN
gjear-925	10	3	contributes	contribute	VERB
gjear-925	10	4	to	to	ADP
gjear-925	10	5	understanding	understand	VERB
gjear-925	10	6	the	the	DET
gjear-925	10	7	dynamics	dynamic	NOUN
gjear-925	10	8	of	of	ADP
gjear-925	10	9	financial	financial	ADJ
gjear-925	10	10	strategies	strategy	NOUN
gjear-925	10	11	during	during	ADP
gjear-925	10	12	crises	crisis	NOUN
gjear-925	10	13	and	and	CCONJ
gjear-925	10	14	offers	offer	VERB
gjear-925	10	15	insights	insight	NOUN
gjear-925	10	16	into	into	ADP
gjear-925	10	17	sustaining	sustain	VERB
gjear-925	10	18	profitability	profitability	NOUN
gjear-925	10	19	within	within	ADP
gjear-925	10	20	the	the	DET
gjear-925	10	21	financing	financing	NOUN
gjear-925	10	22	sector	sector	NOUN
gjear-925	10	23	.	.	PUNCT
gjear-925	11	1	by	by	ADP
gjear-925	11	2	evaluating	evaluate	VERB
gjear-925	11	3	the	the	DET
gjear-925	11	4	correlation	correlation	NOUN
gjear-925	11	5	between	between	ADP
gjear-925	11	6	external	external	ADJ
gjear-925	11	7	financing	financing	NOUN
gjear-925	11	8	and	and	CCONJ
gjear-925	11	9	company	company	NOUN
gjear-925	11	10	performance	performance	NOUN
gjear-925	11	11	,	,	PUNCT
gjear-925	11	12	this	this	DET
gjear-925	11	13	study	study	NOUN
gjear-925	11	14	provides	provide	VERB
gjear-925	11	15	actionable	actionable	ADJ
gjear-925	11	16	insights	insight	NOUN
gjear-925	11	17	for	for	ADP
gjear-925	11	18	firms	firm	NOUN
gjear-925	11	19	navigating	navigate	VERB
gjear-925	11	20	uncertain	uncertain	ADJ
gjear-925	11	21	economic	economic	ADJ
gjear-925	11	22	landscapes	landscape	NOUN
gjear-925	11	23	.	.	PUNCT
gjear-925	12	1	1	1	NUM
gjear-925	12	2	faculty	faculty	NOUN
gjear-925	12	3	of	of	ADP
gjear-925	12	4	economic	economic	ADJ
gjear-925	12	5	business	business	NOUN
gjear-925	12	6	,	,	PUNCT
gjear-925	12	7	universitas	universita	NOUN
gjear-925	12	8	mecu	mecu	PROPN
gjear-925	12	9	buana	buana	PROPN
gjear-925	12	10	indonesia	indonesia	PROPN
gjear-925	12	11	2	2	NUM
gjear-925	12	12	faculty	faculty	NOUN
gjear-925	12	13	of	of	ADP
gjear-925	12	14	economic	economic	ADJ
gjear-925	12	15	business	business	NOUN
gjear-925	12	16	,	,	PUNCT
gjear-925	12	17	universitas	universita	NOUN
gjear-925	12	18	mecu	mecu	PROPN
gjear-925	12	19	buana	buana	PROPN
gjear-925	12	20	indonesia	indonesia	PROPN
gjear-925	12	21	https://zapjournals.com/journals/index.php/gjear	https://zapjournals.com/journals/index.php/gjear	PROPN
gjear-925	12	22	global	global	PROPN
gjear-925	12	23	research	research	PROPN
gjear-925	12	24	journal	journal	PROPN
gjear-925	12	25	of	of	ADP
gjear-925	12	26	management	management	NOUN
gjear-925	12	27	and	and	CCONJ
gjear-925	12	28	social	social	ADJ
gjear-925	12	29	sciences	science	NOUN
gjear-925	12	30	(	(	PUNCT
gjear-925	12	31	grjmss	grjmss	PROPN
gjear-925	12	32	)	)	PUNCT
gjear-925	12	33	vol	vol	NOUN
gjear-925	12	34	.	.	PROPN
gjear-925	12	35	13	13	NUM
gjear-925	12	36	(	(	PUNCT
gjear-925	12	37	1	1	NUM
gjear-925	12	38	)	)	PUNCT
gjear-925	12	39	pg	pg	NOUN
gjear-925	12	40	.	.	PROPN
gjear-925	12	41	12	12	NUM
gjear-925	12	42	1	1	NUM
gjear-925	12	43	.	.	PUNCT
gjear-925	12	44	introduction	introduction	NOUN
gjear-925	12	45	as	as	SCONJ
gjear-925	12	46	we	we	PRON
gjear-925	12	47	now	now	ADV
gjear-925	12	48	know	know	VERB
gjear-925	12	49	that	that	SCONJ
gjear-925	12	50	the	the	DET
gjear-925	12	51	impact	impact	NOUN
gjear-925	12	52	of	of	ADP
gjear-925	12	53	the	the	DET
gjear-925	12	54	covid-19	covid-19	PROPN
gjear-925	12	55	pandemic	pandemic	NOUN
gjear-925	12	56	is	be	AUX
gjear-925	12	57	very	very	ADV
gjear-925	12	58	influential	influential	ADJ
gjear-925	12	59	in	in	ADP
gjear-925	12	60	all	all	DET
gjear-925	12	61	aspects	aspect	NOUN
gjear-925	12	62	,	,	PUNCT
gjear-925	12	63	especially	especially	ADV
gjear-925	12	64	on	on	ADP
gjear-925	12	65	health	health	NOUN
gjear-925	12	66	and	and	CCONJ
gjear-925	12	67	economic	economic	ADJ
gjear-925	12	68	conditions	condition	NOUN
gjear-925	12	69	.	.	PUNCT
gjear-925	13	1	in	in	ADP
gjear-925	13	2	order	order	NOUN
gjear-925	13	3	to	to	PART
gjear-925	13	4	maintain	maintain	VERB
gjear-925	13	5	its	its	PRON
gjear-925	13	6	existence	existence	NOUN
gjear-925	13	7	and	and	CCONJ
gjear-925	13	8	improve	improve	VERB
gjear-925	13	9	its	its	PRON
gjear-925	13	10	performance	performance	NOUN
gjear-925	13	11	,	,	PUNCT
gjear-925	13	12	various	various	ADJ
gjear-925	13	13	efforts	effort	NOUN
gjear-925	13	14	have	have	AUX
gjear-925	13	15	been	be	AUX
gjear-925	13	16	made	make	VERB
gjear-925	13	17	by	by	ADP
gjear-925	13	18	the	the	DET
gjear-925	13	19	company	company	NOUN
gjear-925	13	20	,	,	PUNCT
gjear-925	13	21	one	one	NUM
gjear-925	13	22	of	of	ADP
gjear-925	13	23	which	which	PRON
gjear-925	13	24	is	be	AUX
gjear-925	13	25	by	by	ADP
gjear-925	13	26	increasing	increase	VERB
gjear-925	13	27	capital	capital	NOUN
gjear-925	13	28	by	by	ADP
gjear-925	13	29	seeking	seek	VERB
gjear-925	13	30	financing	financing	NOUN
gjear-925	13	31	from	from	ADP
gjear-925	13	32	outside	outside	ADP
gjear-925	13	33	the	the	DET
gjear-925	13	34	company	company	NOUN
gjear-925	13	35	.	.	PUNCT
gjear-925	14	1	the	the	DET
gjear-925	14	2	addition	addition	NOUN
gjear-925	14	3	of	of	ADP
gjear-925	14	4	venture	venture	NOUN
gjear-925	14	5	capital	capital	NOUN
gjear-925	14	6	aims	aim	VERB
gjear-925	14	7	to	to	PART
gjear-925	14	8	increase	increase	VERB
gjear-925	14	9	the	the	DET
gjear-925	14	10	company	company	NOUN
gjear-925	14	11	's	's	PART
gjear-925	14	12	profit	profit	NOUN
gjear-925	14	13	which	which	PRON
gjear-925	14	14	in	in	ADP
gjear-925	14	15	the	the	DET
gjear-925	14	16	end	end	NOUN
gjear-925	14	17	the	the	DET
gjear-925	14	18	company	company	NOUN
gjear-925	14	19	is	be	AUX
gjear-925	14	20	able	able	ADJ
gjear-925	14	21	to	to	PART
gjear-925	14	22	survive	survive	VERB
gjear-925	14	23	in	in	ADP
gjear-925	14	24	this	this	DET
gjear-925	14	25	very	very	ADV
gjear-925	14	26	unstable	unstable	ADJ
gjear-925	14	27	condition	condition	NOUN
gjear-925	14	28	ratna	ratna	NOUN
gjear-925	14	29	(	(	PUNCT
gjear-925	14	30	2013	2013	NUM
gjear-925	14	31	)	)	PUNCT
gjear-925	14	32	.	.	PUNCT
gjear-925	15	1	the	the	DET
gjear-925	15	2	role	role	NOUN
gjear-925	15	3	of	of	ADP
gjear-925	15	4	finance	finance	NOUN
gjear-925	15	5	companies	company	NOUN
gjear-925	15	6	is	be	AUX
gjear-925	15	7	now	now	ADV
gjear-925	15	8	felt	feel	VERB
gjear-925	15	9	very	very	ADV
gjear-925	15	10	much	much	ADV
gjear-925	15	11	needed	need	VERB
gjear-925	15	12	,	,	PUNCT
gjear-925	15	13	in	in	ADP
gjear-925	15	14	line	line	NOUN
gjear-925	15	15	with	with	ADP
gjear-925	15	16	the	the	DET
gjear-925	15	17	development	development	NOUN
gjear-925	15	18	of	of	ADP
gjear-925	15	19	the	the	DET
gjear-925	15	20	business	business	NOUN
gjear-925	15	21	world	world	NOUN
gjear-925	15	22	and	and	CCONJ
gjear-925	15	23	intense	intense	ADJ
gjear-925	15	24	competition	competition	NOUN
gjear-925	15	25	.	.	PUNCT
gjear-925	16	1	financial	financial	ADJ
gjear-925	16	2	institutions	institution	NOUN
gjear-925	16	3	can	can	AUX
gjear-925	16	4	be	be	AUX
gjear-925	16	5	an	an	DET
gjear-925	16	6	alternative	alternative	NOUN
gjear-925	16	7	for	for	ADP
gjear-925	16	8	the	the	DET
gjear-925	16	9	development	development	NOUN
gjear-925	16	10	of	of	ADP
gjear-925	16	11	several	several	ADJ
gjear-925	16	12	business	business	NOUN
gjear-925	16	13	sectors	sector	NOUN
gjear-925	16	14	.	.	PUNCT
gjear-925	17	1	the	the	DET
gjear-925	17	2	role	role	NOUN
gjear-925	17	3	of	of	ADP
gjear-925	17	4	the	the	DET
gjear-925	17	5	financing	financing	NOUN
gjear-925	17	6	services	service	NOUN
gjear-925	17	7	industry	industry	NOUN
gjear-925	17	8	is	be	AUX
gjear-925	17	9	to	to	PART
gjear-925	17	10	provide	provide	VERB
gjear-925	17	11	funds	fund	NOUN
gjear-925	17	12	for	for	ADP
gjear-925	17	13	people	people	NOUN
gjear-925	17	14	who	who	PRON
gjear-925	17	15	need	need	VERB
gjear-925	17	16	sources	source	NOUN
gjear-925	17	17	of	of	ADP
gjear-925	17	18	financing	financing	NOUN
gjear-925	17	19	funds	fund	NOUN
gjear-925	17	20	,	,	PUNCT
gjear-925	17	21	both	both	PRON
gjear-925	17	22	for	for	ADP
gjear-925	17	23	investment	investment	NOUN
gjear-925	17	24	,	,	PUNCT
gjear-925	17	25	working	working	NOUN
gjear-925	17	26	capital	capital	NOUN
gjear-925	17	27	,	,	PUNCT
gjear-925	17	28	and	and	CCONJ
gjear-925	17	29	consumption	consumption	NOUN
gjear-925	17	30	purposes	purpose	NOUN
gjear-925	17	31	,	,	PUNCT
gjear-925	17	32	which	which	PRON
gjear-925	17	33	are	be	AUX
gjear-925	17	34	expected	expect	VERB
gjear-925	17	35	to	to	PART
gjear-925	17	36	be	be	AUX
gjear-925	17	37	useful	useful	ADJ
gjear-925	17	38	in	in	ADP
gjear-925	17	39	boosting	boost	VERB
gjear-925	17	40	the	the	DET
gjear-925	17	41	national	national	ADJ
gjear-925	17	42	economy	economy	NOUN
gjear-925	17	43	.	.	PUNCT
gjear-925	18	1	finance	finance	NOUN
gjear-925	18	2	companies	company	NOUN
gjear-925	18	3	are	be	AUX
gjear-925	18	4	business	business	NOUN
gjear-925	18	5	entities	entity	NOUN
gjear-925	18	6	outside	outside	ADP
gjear-925	18	7	banks	bank	NOUN
gjear-925	18	8	and	and	CCONJ
gjear-925	18	9	non	non	ADJ
gjear-925	18	10	-	-	ADJ
gjear-925	18	11	bank	bank	ADJ
gjear-925	18	12	financial	financial	ADJ
gjear-925	18	13	institutions	institution	NOUN
gjear-925	18	14	that	that	PRON
gjear-925	18	15	are	be	AUX
gjear-925	18	16	specifically	specifically	ADV
gjear-925	18	17	established	establish	VERB
gjear-925	18	18	to	to	PART
gjear-925	18	19	carry	carry	VERB
gjear-925	18	20	out	out	ADP
gjear-925	18	21	activities	activity	NOUN
gjear-925	18	22	that	that	PRON
gjear-925	18	23	are	be	AUX
gjear-925	18	24	included	include	VERB
gjear-925	18	25	in	in	ADP
gjear-925	18	26	the	the	DET
gjear-925	18	27	business	business	NOUN
gjear-925	18	28	field	field	NOUN
gjear-925	18	29	of	of	ADP
gjear-925	18	30	financing	financing	NOUN
gjear-925	18	31	institutions	institution	NOUN
gjear-925	18	32	.	.	PUNCT
gjear-925	19	1	a	a	DET
gjear-925	19	2	finance	finance	NOUN
gjear-925	19	3	company	company	NOUN
gjear-925	19	4	is	be	AUX
gjear-925	19	5	also	also	ADV
gjear-925	19	6	one	one	NUM
gjear-925	19	7	of	of	ADP
gjear-925	19	8	the	the	DET
gjear-925	19	9	business	business	NOUN
gjear-925	19	10	entities	entity	NOUN
gjear-925	19	11	of	of	ADP
gjear-925	19	12	a	a	DET
gjear-925	19	13	financing	financing	NOUN
gjear-925	19	14	institution	institution	NOUN
gjear-925	19	15	consisting	consist	VERB
gjear-925	19	16	of	of	ADP
gjear-925	19	17	the	the	DET
gjear-925	19	18	finance	finance	NOUN
gjear-925	19	19	company	company	NOUN
gjear-925	19	20	itself	itself	PRON
gjear-925	19	21	,	,	PUNCT
gjear-925	19	22	venture	venture	NOUN
gjear-925	19	23	capital	capital	NOUN
gjear-925	19	24	company	company	NOUN
gjear-925	19	25	,	,	PUNCT
gjear-925	19	26	and	and	CCONJ
gjear-925	19	27	infrastructure	infrastructure	NOUN
gjear-925	19	28	finance	finance	NOUN
gjear-925	19	29	company	company	NOUN
gjear-925	19	30	.	.	PUNCT
gjear-925	20	1	as	as	SCONJ
gjear-925	20	2	an	an	DET
gjear-925	20	3	institution	institution	NOUN
gjear-925	20	4	financing	financing	NOUN
gjear-925	20	5	is	be	AUX
gjear-925	20	6	a	a	DET
gjear-925	20	7	business	business	NOUN
gjear-925	20	8	entity	entity	NOUN
gjear-925	20	9	that	that	PRON
gjear-925	20	10	carries	carry	VERB
gjear-925	20	11	out	out	ADP
gjear-925	20	12	financing	financing	NOUN
gjear-925	20	13	activities	activity	NOUN
gjear-925	20	14	in	in	ADP
gjear-925	20	15	the	the	DET
gjear-925	20	16	form	form	NOUN
gjear-925	20	17	of	of	ADP
gjear-925	20	18	providing	provide	VERB
gjear-925	20	19	funds	fund	NOUN
gjear-925	20	20	or	or	CCONJ
gjear-925	20	21	capital	capital	NOUN
gjear-925	20	22	goods	good	NOUN
gjear-925	20	23	kurniawati(2017	kurniawati(2017	NOUN
gjear-925	20	24	)	)	PUNCT
gjear-925	20	25	.	.	PUNCT
gjear-925	21	1	profitability	profitability	NOUN
gjear-925	21	2	allows	allow	VERB
gjear-925	21	3	companies	company	NOUN
gjear-925	21	4	to	to	PART
gjear-925	21	5	survive	survive	VERB
gjear-925	21	6	and	and	CCONJ
gjear-925	21	7	thrive	thrive	VERB
gjear-925	21	8	,	,	PUNCT
gjear-925	21	9	even	even	ADV
gjear-925	21	10	profitability	profitability	NOUN
gjear-925	21	11	can	can	AUX
gjear-925	21	12	be	be	AUX
gjear-925	21	13	said	say	VERB
gjear-925	21	14	to	to	PART
gjear-925	21	15	be	be	AUX
gjear-925	21	16	a	a	DET
gjear-925	21	17	benchmark	benchmark	NOUN
gjear-925	21	18	for	for	ADP
gjear-925	21	19	the	the	DET
gjear-925	21	20	establishment	establishment	NOUN
gjear-925	21	21	of	of	ADP
gjear-925	21	22	a	a	DET
gjear-925	21	23	company	company	NOUN
gjear-925	21	24	.	.	PUNCT
gjear-925	22	1	with	with	ADP
gjear-925	22	2	profitability	profitability	NOUN
gjear-925	22	3	,	,	PUNCT
gjear-925	22	4	companies	company	NOUN
gjear-925	22	5	can	can	AUX
gjear-925	22	6	turn	turn	VERB
gjear-925	22	7	on	on	ADP
gjear-925	22	8	elements	element	NOUN
gjear-925	22	9	in	in	ADP
gjear-925	22	10	it	it	PRON
gjear-925	22	11	such	such	ADJ
gjear-925	22	12	as	as	ADP
gjear-925	22	13	operations	operation	NOUN
gjear-925	22	14	and	and	CCONJ
gjear-925	22	15	maintenance	maintenance	NOUN
gjear-925	22	16	marlinah	marlinah	NOUN
gjear-925	22	17	(	(	PUNCT
gjear-925	22	18	2014	2014	NUM
gjear-925	22	19	)	)	PUNCT
gjear-925	22	20	.	.	PUNCT
gjear-925	23	1	the	the	DET
gjear-925	23	2	company	company	NOUN
gjear-925	23	3	's	's	PART
gjear-925	23	4	profitability	profitability	NOUN
gjear-925	23	5	is	be	AUX
gjear-925	23	6	the	the	DET
gjear-925	23	7	company	company	NOUN
gjear-925	23	8	's	's	PART
gjear-925	23	9	ability	ability	NOUN
gjear-925	23	10	to	to	PART
gjear-925	23	11	generate	generate	VERB
gjear-925	23	12	net	net	ADJ
gjear-925	23	13	income	income	NOUN
gjear-925	23	14	from	from	ADP
gjear-925	23	15	activities	activity	NOUN
gjear-925	23	16	carried	carry	VERB
gjear-925	23	17	out	out	ADP
gjear-925	23	18	in	in	ADP
gjear-925	23	19	the	the	DET
gjear-925	23	20	accounting	accounting	NOUN
gjear-925	23	21	period	period	NOUN
gjear-925	23	22	.	.	PUNCT
gjear-925	24	1	profit	profit	NOUN
gjear-925	24	2	is	be	AUX
gjear-925	24	3	a	a	DET
gjear-925	24	4	description	description	NOUN
gjear-925	24	5	of	of	ADP
gjear-925	24	6	the	the	DET
gjear-925	24	7	performance	performance	NOUN
gjear-925	24	8	achieved	achieve	VERB
gjear-925	24	9	from	from	ADP
gjear-925	24	10	the	the	DET
gjear-925	24	11	general	general	ADJ
gjear-925	24	12	transaction	transaction	NOUN
gjear-925	24	13	process	process	NOUN
gjear-925	24	14	carried	carry	VERB
gjear-925	24	15	out	out	ADP
gjear-925	24	16	by	by	ADP
gjear-925	24	17	the	the	DET
gjear-925	24	18	company	company	NOUN
gjear-925	24	19	during	during	ADP
gjear-925	24	20	a	a	DET
gjear-925	24	21	certain	certain	ADJ
gjear-925	24	22	period	period	NOUN
gjear-925	24	23	.	.	PUNCT
gjear-925	25	1	profit	profit	NOUN
gjear-925	25	2	is	be	AUX
gjear-925	25	3	used	use	VERB
gjear-925	25	4	as	as	ADP
gjear-925	25	5	an	an	DET
gjear-925	25	6	indicator	indicator	NOUN
gjear-925	25	7	for	for	SCONJ
gjear-925	25	8	stakeholders	stakeholder	NOUN
gjear-925	25	9	to	to	PART
gjear-925	25	10	assess	assess	VERB
gjear-925	25	11	the	the	DET
gjear-925	25	12	extent	extent	NOUN
gjear-925	25	13	to	to	PART
gjear-925	25	14	which	which	PRON
gjear-925	25	15	management	management	NOUN
gjear-925	25	16	is	be	AUX
gjear-925	25	17	performing	perform	VERB
gjear-925	25	18	in	in	ADP
gjear-925	25	19	managing	manage	VERB
gjear-925	25	20	a	a	DET
gjear-925	25	21	company	company	NOUN
gjear-925	25	22	.	.	PUNCT
gjear-925	26	1	the	the	DET
gjear-925	26	2	level	level	NOUN
gjear-925	26	3	of	of	ADP
gjear-925	26	4	the	the	DET
gjear-925	26	5	company	company	NOUN
gjear-925	26	6	's	's	PART
gjear-925	26	7	ability	ability	NOUN
gjear-925	26	8	to	to	PART
gjear-925	26	9	earn	earn	VERB
gjear-925	26	10	profits	profit	NOUN
gjear-925	26	11	can	can	AUX
gjear-925	26	12	be	be	AUX
gjear-925	26	13	seen	see	VERB
gjear-925	26	14	and	and	CCONJ
gjear-925	26	15	measured	measure	VERB
gjear-925	26	16	by	by	ADP
gjear-925	26	17	analyzing	analyze	VERB
gjear-925	26	18	financial	financial	ADJ
gjear-925	26	19	statements	statement	NOUN
gjear-925	26	20	through	through	ADP
gjear-925	26	21	profitability	profitability	NOUN
gjear-925	26	22	ratios	ratio	NOUN
gjear-925	26	23	.	.	PUNCT
gjear-925	27	1	this	this	DET
gjear-925	27	2	ratio	ratio	NOUN
gjear-925	27	3	shows	show	VERB
gjear-925	27	4	the	the	DET
gjear-925	27	5	success	success	NOUN
gjear-925	27	6	of	of	ADP
gjear-925	27	7	a	a	DET
gjear-925	27	8	company	company	NOUN
gjear-925	27	9	in	in	ADP
gjear-925	27	10	generating	generate	VERB
gjear-925	27	11	profits	profit	NOUN
gjear-925	27	12	.	.	PUNCT
gjear-925	28	1	profitability	profitability	NOUN
gjear-925	28	2	is	be	AUX
gjear-925	28	3	also	also	ADV
gjear-925	28	4	important	important	ADJ
gjear-925	28	5	to	to	PART
gjear-925	28	6	strengthen	strengthen	VERB
gjear-925	28	7	the	the	DET
gjear-925	28	8	financial	financial	ADJ
gjear-925	28	9	position	position	NOUN
gjear-925	28	10	.	.	PUNCT
gjear-925	29	1	according	accord	VERB
gjear-925	29	2	to	to	ADP
gjear-925	29	3	the	the	DET
gjear-925	29	4	ojk	ojk	NOUN
gjear-925	29	5	,	,	PUNCT
gjear-925	29	6	the	the	DET
gjear-925	29	7	financing	financing	NOUN
gjear-925	29	8	industry	industry	NOUN
gjear-925	29	9	is	be	AUX
gjear-925	29	10	currently	currently	ADV
gjear-925	29	11	facing	face	VERB
gjear-925	29	12	quite	quite	DET
gjear-925	29	13	a	a	DET
gjear-925	29	14	tough	tough	ADJ
gjear-925	29	15	challenge	challenge	NOUN
gjear-925	29	16	.	.	PUNCT
gjear-925	30	1	in	in	ADP
gjear-925	30	2	the	the	DET
gjear-925	30	3	last	last	ADJ
gjear-925	30	4	2	2	NUM
gjear-925	30	5	years	year	NOUN
gjear-925	30	6	,	,	PUNCT
gjear-925	30	7	the	the	DET
gjear-925	30	8	financing	financing	NOUN
gjear-925	30	9	industry	industry	NOUN
gjear-925	30	10	only	only	ADV
gjear-925	30	11	grew	grow	VERB
gjear-925	30	12	by	by	ADP
gjear-925	30	13	4	4	NUM
gjear-925	30	14	%	%	NOUN
gjear-925	30	15	.	.	PUNCT
gjear-925	31	1	there	there	PRON
gjear-925	31	2	is	be	VERB
gjear-925	31	3	a	a	DET
gjear-925	31	4	phenomenon	phenomenon	NOUN
gjear-925	31	5	regarding	regard	VERB
gjear-925	31	6	the	the	DET
gjear-925	31	7	decline	decline	NOUN
gjear-925	31	8	in	in	ADP
gjear-925	31	9	net	net	ADJ
gjear-925	31	10	profit	profit	NOUN
gjear-925	31	11	at	at	ADP
gjear-925	31	12	the	the	DET
gjear-925	31	13	financing	financing	NOUN
gjear-925	31	14	institution	institution	NOUN
gjear-925	31	15	by	by	ADP
gjear-925	31	16	22.9	22.9	NUM
gjear-925	31	17	%	%	NOUN
gjear-925	31	18	in	in	ADP
gjear-925	31	19	the	the	DET
gjear-925	31	20	first	first	ADJ
gjear-925	31	21	quarter	quarter	NOUN
gjear-925	31	22	of	of	ADP
gjear-925	31	23	2015	2015	NUM
gjear-925	31	24	.	.	PUNCT
gjear-925	32	1	one	one	NUM
gjear-925	32	2	of	of	ADP
gjear-925	32	3	the	the	DET
gjear-925	32	4	multi	multi	ADJ
gjear-925	32	5	-	-	ADJ
gjear-925	32	6	finance	finance	ADJ
gjear-925	32	7	companies	company	NOUN
gjear-925	32	8	that	that	PRON
gjear-925	32	9	experienced	experience	VERB
gjear-925	32	10	a	a	DET
gjear-925	32	11	decrease	decrease	NOUN
gjear-925	32	12	in	in	ADP
gjear-925	32	13	profit	profit	NOUN
gjear-925	32	14	in	in	ADP
gjear-925	32	15	the	the	DET
gjear-925	32	16	first	first	ADJ
gjear-925	32	17	quarter	quarter	NOUN
gjear-925	32	18	of	of	ADP
gjear-925	32	19	2015	2015	NUM
gjear-925	32	20	was	be	AUX
gjear-925	32	21	pt	pt	PROPN
gjear-925	32	22	buana	buana	PROPN
gjear-925	32	23	finance	finance	PROPN
gjear-925	32	24	tbk	tbk	PROPN
gjear-925	32	25	.	.	PUNCT
gjear-925	33	1	antoni	antoni	PROPN
gjear-925	33	2	muljono	muljono	PROPN
gjear-925	33	3	,	,	PUNCT
gjear-925	33	4	finance	finance	NOUN
gjear-925	33	5	director	director	NOUN
gjear-925	33	6	of	of	ADP
gjear-925	33	7	buana	buana	PROPN
gjear-925	33	8	finance	finance	PROPN
gjear-925	33	9	said	say	VERB
gjear-925	33	10	that	that	SCONJ
gjear-925	33	11	his	his	PRON
gjear-925	33	12	party	party	NOUN
gjear-925	33	13	experienced	experience	VERB
gjear-925	33	14	a	a	DET
gjear-925	33	15	25	25	NUM
gjear-925	33	16	%	%	NOUN
gjear-925	33	17	decrease	decrease	NOUN
gjear-925	33	18	in	in	ADP
gjear-925	33	19	net	net	ADJ
gjear-925	33	20	profit	profit	NOUN
gjear-925	33	21	to	to	ADP
gjear-925	33	22	rp25.83b	rp25.83b	PRON
gjear-925	33	23	when	when	SCONJ
gjear-925	33	24	compared	compare	VERB
gjear-925	33	25	to	to	ADP
gjear-925	33	26	the	the	DET
gjear-925	33	27	same	same	ADJ
gjear-925	33	28	period	period	NOUN
gjear-925	33	29	in	in	ADP
gjear-925	33	30	2014	2014	NUM
gjear-925	33	31	of	of	ADP
gjear-925	33	32	rp34.45b	rp34.45b	X
gjear-925	33	33	(	(	PUNCT
gjear-925	33	34	agustine	agustine	ADJ
gjear-925	33	35	,	,	PUNCT
gjear-925	33	36	2015	2015	NUM
gjear-925	33	37	)	)	PUNCT
gjear-925	33	38	(	(	PUNCT
gjear-925	33	39	source	source	NOUN
gjear-925	33	40	:	:	PUNCT
gjear-925	33	41	https://finansial.bisnis.com	https://finansial.bisnis.com	X
gjear-925	33	42	accessed	access	VERB
gjear-925	33	43	on	on	ADP
gjear-925	33	44	7	7	NUM
gjear-925	33	45	november	november	PROPN
gjear-925	33	46	2020	2020	NUM
gjear-925	33	47	)	)	PUNCT
gjear-925	33	48	.	.	PUNCT
gjear-925	34	1	furthermore	furthermore	ADV
gjear-925	34	2	,	,	PUNCT
gjear-925	34	3	the	the	DET
gjear-925	34	4	phenomenon	phenomenon	NOUN
gjear-925	34	5	of	of	ADP
gjear-925	34	6	a	a	DET
gjear-925	34	7	decline	decline	NOUN
gjear-925	34	8	in	in	ADP
gjear-925	34	9	net	net	ADJ
gjear-925	34	10	profit	profit	NOUN
gjear-925	34	11	at	at	ADP
gjear-925	34	12	the	the	DET
gjear-925	34	13	performance	performance	NOUN
gjear-925	34	14	financing	financing	NOUN
gjear-925	34	15	institution	institution	NOUN
gjear-925	34	16	pt	pt	X
gjear-925	34	17	verena	verena	PROPN
gjear-925	34	18	multi	multi	PROPN
gjear-925	34	19	finance	finance	PROPN
gjear-925	34	20	tbk	tbk	PROPN
gjear-925	34	21	declined	decline	VERB
gjear-925	34	22	in	in	ADP
gjear-925	34	23	the	the	DET
gjear-925	34	24	third	third	ADJ
gjear-925	34	25	quarter	quarter	NOUN
gjear-925	34	26	of	of	ADP
gjear-925	34	27	2018	2018	NUM
gjear-925	34	28	.	.	PUNCT
gjear-925	35	1	this	this	DET
gjear-925	35	2	multi	multi	ADJ
gjear-925	35	3	-	-	ADJ
gjear-925	35	4	finance	finance	ADJ
gjear-925	35	5	company	company	NOUN
gjear-925	35	6	had	have	VERB
gjear-925	35	7	to	to	PART
gjear-925	35	8	be	be	AUX
gjear-925	35	9	satisfied	satisfied	ADJ
gjear-925	35	10	with	with	ADP
gjear-925	35	11	the	the	DET
gjear-925	35	12	revenue	revenue	NOUN
gjear-925	35	13	and	and	CCONJ
gjear-925	35	14	profit	profit	NOUN
gjear-925	35	15	that	that	PRON
gjear-925	35	16	fell	fall	VERB
gjear-925	35	17	significantly	significantly	ADV
gjear-925	35	18	from	from	ADP
gjear-925	35	19	2017	2017	NUM
gjear-925	35	20	.	.	PUNCT
gjear-925	36	1	based	base	VERB
gjear-925	36	2	on	on	ADP
gjear-925	36	3	the	the	DET
gjear-925	36	4	company	company	NOUN
gjear-925	36	5	's	's	PART
gjear-925	36	6	financial	financial	ADJ
gjear-925	36	7	statements	statement	NOUN
gjear-925	36	8	,	,	PUNCT
gjear-925	36	9	as	as	ADP
gjear-925	36	10	of	of	ADP
gjear-925	36	11	september	september	PROPN
gjear-925	36	12	2018	2018	NUM
gjear-925	36	13	,	,	PUNCT
gjear-925	36	14	verena	verena	PROPN
gjear-925	36	15	multi	multi	PROPN
gjear-925	36	16	finance	finance	PROPN
gjear-925	36	17	recorded	record	VERB
gjear-925	36	18	revenue	revenue	NOUN
gjear-925	36	19	of	of	ADP
gjear-925	36	20	rp	rp	NOUN
gjear-925	36	21	177.98	177.98	NUM
gjear-925	36	22	billion	billion	NUM
gjear-925	36	23	own	own	ADJ
gjear-925	36	24	26.7	26.7	NUM
gjear-925	36	25	percent	percent	NOUN
gjear-925	36	26	from	from	ADP
gjear-925	36	27	last	last	ADJ
gjear-925	36	28	year	year	NOUN
gjear-925	36	29	.	.	PUNCT
gjear-925	37	1	this	this	DET
gjear-925	37	2	decline	decline	NOUN
gjear-925	37	3	was	be	AUX
gjear-925	37	4	also	also	ADV
gjear-925	37	5	followed	follow	VERB
gjear-925	37	6	by	by	ADP
gjear-925	37	7	the	the	DET
gjear-925	37	8	company	company	NOUN
gjear-925	37	9	's	's	PART
gjear-925	37	10	profit	profit	NOUN
gjear-925	37	11	performance	performance	NOUN
gjear-925	37	12	,	,	PUNCT
gjear-925	37	13	which	which	PRON
gjear-925	37	14	was	be	AUX
gjear-925	37	15	minus	minus	ADV
gjear-925	37	16	rp	rp	ADP
gjear-925	37	17	171.26	171.26	NUM
gjear-925	37	18	billion	billion	NUM
gjear-925	37	19	,	,	PUNCT
gjear-925	37	20	whereas	whereas	SCONJ
gjear-925	37	21	in	in	ADP
gjear-925	37	22	september	september	PROPN
gjear-925	37	23	last	last	ADJ
gjear-925	37	24	year	year	NOUN
gjear-925	37	25	it	it	PRON
gjear-925	37	26	was	be	AUX
gjear-925	37	27	still	still	ADV
gjear-925	37	28	positive	positive	ADJ
gjear-925	37	29	at	at	ADP
gjear-925	37	30	rp	rp	ADP
gjear-925	37	31	4.04	4.04	NUM
gjear-925	37	32	billion	billion	NUM
gjear-925	37	33	.	.	PUNCT
gjear-925	38	1	president	president	PROPN
gjear-925	38	2	director	director	NOUN
gjear-925	38	3	of	of	ADP
gjear-925	38	4	verena	verena	PROPN
gjear-925	38	5	multi	multi	PROPN
gjear-925	38	6	finance	finance	PROPN
gjear-925	38	7	,	,	PUNCT
gjear-925	38	8	andi	andi	PROPN
gjear-925	38	9	harjono	harjono	PROPN
gjear-925	38	10	,	,	PUNCT
gjear-925	38	11	said	say	VERB
gjear-925	38	12	the	the	DET
gjear-925	38	13	decline	decline	NOUN
gjear-925	38	14	in	in	ADP
gjear-925	38	15	the	the	DET
gjear-925	38	16	company	company	NOUN
gjear-925	38	17	's	's	PART
gjear-925	38	18	revenue	revenue	NOUN
gjear-925	38	19	and	and	CCONJ
gjear-925	38	20	profit	profit	NOUN
gjear-925	38	21	performance	performance	NOUN
gjear-925	38	22	was	be	AUX
gjear-925	38	23	due	due	ADJ
gjear-925	38	24	to	to	ADP
gjear-925	38	25	a	a	DET
gjear-925	38	26	decline	decline	NOUN
gjear-925	38	27	in	in	ADP
gjear-925	38	28	the	the	DET
gjear-925	38	29	financing	financing	NOUN
gjear-925	38	30	portfolio	portfolio	NOUN
gjear-925	38	31	.	.	PUNCT
gjear-925	39	1	“	"	PUNCT
gjear-925	39	2	the	the	DET
gjear-925	39	3	decline	decline	NOUN
gjear-925	39	4	occurred	occur	VERB
gjear-925	39	5	due	due	ADP
gjear-925	39	6	to	to	ADP
gjear-925	39	7	a	a	DET
gjear-925	39	8	decrease	decrease	NOUN
gjear-925	39	9	in	in	ADP
gjear-925	39	10	the	the	DET
gjear-925	39	11	financing	financing	NOUN
gjear-925	39	12	portfolio	portfolio	NOUN
gjear-925	39	13	.	.	PUNCT
gjear-925	40	1	however	however	ADV
gjear-925	40	2	,	,	PUNCT
gjear-925	40	3	the	the	DET
gjear-925	40	4	company	company	NOUN
gjear-925	40	5	's	's	PART
gjear-925	40	6	liquidity	liquidity	NOUN
gjear-925	40	7	condition	condition	NOUN
gjear-925	40	8	is	be	AUX
gjear-925	40	9	still	still	ADV
gjear-925	40	10	good	good	ADJ
gjear-925	40	11	,	,	PUNCT
gjear-925	40	12	because	because	SCONJ
gjear-925	40	13	funding	funding	NOUN
gjear-925	40	14	comes	come	VERB
gjear-925	40	15	from	from	ADP
gjear-925	40	16	panin	panin	PROPN
gjear-925	40	17	bank	bank	PROPN
gjear-925	40	18	and	and	CCONJ
gjear-925	40	19	other	other	ADJ
gjear-925	40	20	banks	bank	NOUN
gjear-925	40	21	,	,	PUNCT
gjear-925	40	22	"	"	PUNCT
gjear-925	40	23	andi	andi	PROPN
gjear-925	40	24	told	tell	VERB
gjear-925	40	25	kontan.co.id	kontan.co.id	PROPN
gjear-925	40	26	,	,	PUNCT
gjear-925	40	27	tuesday	tuesday	PROPN
gjear-925	40	28	(	(	PUNCT
gjear-925	40	29	6/11	6/11	NUM
gjear-925	40	30	)	)	PUNCT
gjear-925	40	31	.	.	PUNCT
gjear-925	41	1	the	the	DET
gjear-925	41	2	decline	decline	NOUN
gjear-925	41	3	in	in	ADP
gjear-925	41	4	profit	profit	NOUN
gjear-925	41	5	and	and	CCONJ
gjear-925	41	6	revenue	revenue	NOUN
gjear-925	41	7	performance	performance	NOUN
gjear-925	41	8	has	have	AUX
gjear-925	41	9	resulted	result	VERB
gjear-925	41	10	in	in	ADP
gjear-925	41	11	a	a	DET
gjear-925	41	12	32.5	32.5	NUM
gjear-925	41	13	percent	percent	NOUN
gjear-925	41	14	decline	decline	NOUN
gjear-925	41	15	in	in	ADP
gjear-925	41	16	the	the	DET
gjear-925	41	17	company	company	NOUN
gjear-925	41	18	's	's	PART
gjear-925	41	19	assets	asset	NOUN
gjear-925	41	20	to	to	ADP
gjear-925	41	21	rp	rp	PROPN
gjear-925	41	22	global	global	ADJ
gjear-925	41	23	research	research	PROPN
gjear-925	41	24	journal	journal	PROPN
gjear-925	41	25	of	of	ADP
gjear-925	41	26	management	management	NOUN
gjear-925	41	27	and	and	CCONJ
gjear-925	41	28	social	social	ADJ
gjear-925	41	29	sciences	science	NOUN
gjear-925	41	30	(	(	PUNCT
gjear-925	41	31	grjmss	grjmss	PROPN
gjear-925	41	32	)	)	PUNCT
gjear-925	41	33	vol	vol	NOUN
gjear-925	41	34	.	.	PROPN
gjear-925	41	35	13	13	NUM
gjear-925	42	1	(	(	PUNCT
gjear-925	42	2	1	1	NUM
gjear-925	42	3	)	)	PUNCT
gjear-925	42	4	pg	pg	NOUN
gjear-925	42	5	.	.	PROPN
gjear-925	42	6	13	13	NUM
gjear-925	42	7	1.18	1.18	NUM
gjear-925	42	8	trillion	trillion	NUM
gjear-925	42	9	.	.	PUNCT
gjear-925	43	1	this	this	DET
gjear-925	43	2	condition	condition	NOUN
gjear-925	43	3	was	be	AUX
gjear-925	43	4	further	far	ADV
gjear-925	43	5	exacerbated	exacerbate	VERB
gjear-925	43	6	by	by	ADP
gjear-925	43	7	the	the	DET
gjear-925	43	8	50.72	50.72	NUM
gjear-925	43	9	%	%	NOUN
gjear-925	43	10	increase	increase	NOUN
gjear-925	43	11	in	in	ADP
gjear-925	43	12	the	the	DET
gjear-925	43	13	company	company	NOUN
gjear-925	43	14	's	's	PART
gjear-925	43	15	expenses	expense	NOUN
gjear-925	43	16	,	,	PUNCT
gjear-925	43	17	rp	rp	NOUN
gjear-925	43	18	.	.	PUNCT
gjear-925	44	1	357.92	357.92	NUM
gjear-925	44	2	billion	billion	NUM
gjear-925	44	3	.	.	PUNCT
gjear-925	45	1	verena	verena	PROPN
gjear-925	45	2	multi	multi	PROPN
gjear-925	45	3	finance	finance	PROPN
gjear-925	45	4	decided	decide	VERB
gjear-925	45	5	to	to	PART
gjear-925	45	6	increase	increase	VERB
gjear-925	45	7	capital	capital	NOUN
gjear-925	45	8	by	by	ADP
gjear-925	45	9	conducting	conduct	VERB
gjear-925	45	10	a	a	DET
gjear-925	45	11	rights	right	NOUN
gjear-925	45	12	issue	issue	NOUN
gjear-925	45	13	ii	ii	NOUN
gjear-925	45	14	or	or	CCONJ
gjear-925	45	15	preemptive	preemptive	ADJ
gjear-925	45	16	rights	right	NOUN
gjear-925	45	17	ii	ii	NOUN
gjear-925	45	18	(	(	PUNCT
gjear-925	45	19	hmetd	hmetd	NOUN
gjear-925	45	20	)	)	PUNCT
gjear-925	45	21	.	.	PUNCT
gjear-925	46	1	the	the	DET
gjear-925	46	2	company	company	NOUN
gjear-925	46	3	offered	offer	VERB
gjear-925	46	4	3.1	3.1	NUM
gjear-925	46	5	billion	billion	NUM
gjear-925	46	6	ordinary	ordinary	ADJ
gjear-925	46	7	shares	share	NOUN
gjear-925	46	8	with	with	ADP
gjear-925	46	9	a	a	DET
gjear-925	46	10	nominal	nominal	ADJ
gjear-925	46	11	value	value	NOUN
gjear-925	46	12	of	of	ADP
gjear-925	46	13	rp	rp	NOUN
gjear-925	46	14	100	100	NUM
gjear-925	46	15	.	.	PUNCT
gjear-925	47	1	the	the	DET
gjear-925	47	2	offering	offering	NOUN
gjear-925	47	3	price	price	NOUN
gjear-925	47	4	was	be	AUX
gjear-925	47	5	rp	rp	NOUN
gjear-925	47	6	140	140	NUM
gjear-925	47	7	per	per	ADP
gjear-925	47	8	share	share	NOUN
gjear-925	47	9	,	,	PUNCT
gjear-925	47	10	meaning	mean	VERB
gjear-925	47	11	that	that	SCONJ
gjear-925	47	12	verena	verena	PROPN
gjear-925	47	13	could	could	AUX
gjear-925	47	14	reap	reap	VERB
gjear-925	47	15	fresh	fresh	ADJ
gjear-925	47	16	funds	fund	NOUN
gjear-925	47	17	of	of	ADP
gjear-925	47	18	rp	rp	NOUN
gjear-925	47	19	434.3	434.3	NUM
gjear-925	47	20	billion	billion	NUM
gjear-925	47	21	.	.	PUNCT
gjear-925	48	1	ibj	ibj	NOUN
gjear-925	48	2	leasing	lease	VERB
gjear-925	48	3	company	company	NOUN
gjear-925	48	4	(	(	PUNCT
gjear-925	48	5	ibjl	ibjl	NOUN
gjear-925	48	6	)	)	PUNCT
gjear-925	48	7	,	,	PUNCT
gjear-925	48	8	a	a	DET
gjear-925	48	9	japanese	japanese	ADJ
gjear-925	48	10	financing	financing	NOUN
gjear-925	48	11	company	company	NOUN
gjear-925	48	12	will	will	AUX
gjear-925	48	13	act	act	VERB
gjear-925	48	14	as	as	ADP
gjear-925	48	15	a	a	DET
gjear-925	48	16	standby	standby	ADJ
gjear-925	48	17	buyer	buyer	NOUN
gjear-925	48	18	.	.	PUNCT
gjear-925	49	1	furthermore	furthermore	ADV
gjear-925	49	2	,	,	PUNCT
gjear-925	49	3	the	the	DET
gjear-925	49	4	phenomenon	phenomenon	NOUN
gjear-925	49	5	regarding	regard	VERB
gjear-925	49	6	debt	debt	NOUN
gjear-925	49	7	policy	policy	NOUN
gjear-925	49	8	is	be	AUX
gjear-925	49	9	alternative	alternative	ADJ
gjear-925	49	10	funding	funding	NOUN
gjear-925	49	11	for	for	ADP
gjear-925	49	12	a	a	DET
gjear-925	49	13	company	company	NOUN
gjear-925	49	14	in	in	ADP
gjear-925	49	15	increasing	increase	VERB
gjear-925	49	16	productivity	productivity	NOUN
gjear-925	49	17	and	and	CCONJ
gjear-925	49	18	financing	financing	NOUN
gjear-925	49	19	business	business	NOUN
gjear-925	49	20	expansion	expansion	NOUN
gjear-925	49	21	in	in	ADP
gjear-925	49	22	the	the	DET
gjear-925	49	23	future	future	NOUN
gjear-925	49	24	,	,	PUNCT
gjear-925	49	25	the	the	DET
gjear-925	49	26	financial	financial	ADJ
gjear-925	49	27	services	service	NOUN
gjear-925	49	28	authority	authority	NOUN
gjear-925	49	29	(	(	PUNCT
gjear-925	49	30	ojk	ojk	NOUN
gjear-925	49	31	)	)	PUNCT
gjear-925	49	32	will	will	AUX
gjear-925	49	33	provide	provide	VERB
gjear-925	49	34	relaxation	relaxation	NOUN
gjear-925	49	35	for	for	ADP
gjear-925	49	36	the	the	DET
gjear-925	49	37	issuance	issuance	NOUN
gjear-925	49	38	of	of	ADP
gjear-925	49	39	debt	debt	NOUN
gjear-925	49	40	securities	security	NOUN
gjear-925	49	41	to	to	PART
gjear-925	49	42	strengthen	strengthen	VERB
gjear-925	49	43	the	the	DET
gjear-925	49	44	financing	financing	NOUN
gjear-925	49	45	for	for	ADP
gjear-925	49	46	finance	finance	NOUN
gjear-925	49	47	companies	company	NOUN
gjear-925	49	48	or	or	CCONJ
gjear-925	49	49	multi	multi	ADJ
gjear-925	49	50	-	-	ADJ
gjear-925	49	51	finance	finance	ADJ
gjear-925	49	52	companies	company	NOUN
gjear-925	49	53	.	.	PUNCT
gjear-925	50	1	this	this	DET
gjear-925	50	2	new	new	ADJ
gjear-925	50	3	rule	rule	NOUN
gjear-925	50	4	is	be	AUX
gjear-925	50	5	a	a	DET
gjear-925	50	6	refinement	refinement	NOUN
gjear-925	50	7	of	of	ADP
gjear-925	50	8	pojk	pojk	PROPN
gjear-925	50	9	no	no	INTJ
gjear-925	50	10	.	.	PUNCT
gjear-925	51	1	35/2018	35/2018	NUM
gjear-925	51	2	concerning	concern	VERB
gjear-925	51	3	the	the	DET
gjear-925	51	4	implementation	implementation	NOUN
gjear-925	51	5	of	of	ADP
gjear-925	51	6	financing	finance	VERB
gjear-925	51	7	company	company	NOUN
gjear-925	51	8	business	business	NOUN
gjear-925	51	9	.	.	PUNCT
gjear-925	52	1	with	with	ADP
gjear-925	52	2	this	this	DET
gjear-925	52	3	regulation	regulation	NOUN
gjear-925	52	4	,	,	PUNCT
gjear-925	52	5	he	he	PRON
gjear-925	52	6	hopes	hope	VERB
gjear-925	52	7	that	that	SCONJ
gjear-925	52	8	finance	finance	NOUN
gjear-925	52	9	companies	company	NOUN
gjear-925	52	10	can	can	AUX
gjear-925	52	11	take	take	VERB
gjear-925	52	12	advantage	advantage	NOUN
gjear-925	52	13	of	of	ADP
gjear-925	52	14	this	this	DET
gjear-925	52	15	relaxation	relaxation	NOUN
gjear-925	52	16	to	to	PART
gjear-925	52	17	support	support	VERB
gjear-925	52	18	productive	productive	ADJ
gjear-925	52	19	financing	financing	NOUN
gjear-925	52	20	in	in	ADP
gjear-925	52	21	the	the	DET
gjear-925	52	22	micro	micro	NOUN
gjear-925	52	23	,	,	PUNCT
gjear-925	52	24	small	small	ADJ
gjear-925	52	25	and	and	CCONJ
gjear-925	52	26	medium	medium	ADJ
gjear-925	52	27	enterprise	enterprise	NOUN
gjear-925	52	28	(	(	PUNCT
gjear-925	52	29	msme	msme	NOUN
gjear-925	52	30	)	)	PUNCT
gjear-925	52	31	sector	sector	NOUN
gjear-925	52	32	during	during	ADP
gjear-925	52	33	limited	limited	ADJ
gjear-925	52	34	funds	fund	NOUN
gjear-925	52	35	from	from	ADP
gjear-925	52	36	banks	bank	NOUN
gjear-925	52	37	.	.	PUNCT
gjear-925	53	1	researchers	researcher	NOUN
gjear-925	53	2	use	use	VERB
gjear-925	53	3	the	the	DET
gjear-925	53	4	roi	roi	NOUN
gjear-925	53	5	indicator	indicator	NOUN
gjear-925	53	6	to	to	PART
gjear-925	53	7	analyze	analyze	VERB
gjear-925	53	8	the	the	DET
gjear-925	53	9	profitability	profitability	NOUN
gjear-925	53	10	data	datum	NOUN
gjear-925	53	11	as	as	ADP
gjear-925	53	12	a	a	DET
gjear-925	53	13	whole	whole	NOUN
gjear-925	53	14	and	and	CCONJ
gjear-925	53	15	to	to	PART
gjear-925	53	16	measure	measure	VERB
gjear-925	53	17	the	the	DET
gjear-925	53	18	level	level	NOUN
gjear-925	53	19	of	of	ADP
gjear-925	53	20	profit	profit	NOUN
gjear-925	53	21	invested	invest	VERB
gjear-925	53	22	by	by	ADP
gjear-925	53	23	the	the	DET
gjear-925	53	24	company	company	NOUN
gjear-925	53	25	in	in	ADP
gjear-925	53	26	capital	capital	NOUN
gjear-925	53	27	.	.	PUNCT
gjear-925	54	1	roi	roi	NOUN
gjear-925	54	2	is	be	AUX
gjear-925	54	3	relatively	relatively	ADV
gjear-925	54	4	simple	simple	ADJ
gjear-925	54	5	,	,	PUNCT
gjear-925	54	6	it	it	PRON
gjear-925	54	7	can	can	AUX
gjear-925	54	8	be	be	AUX
gjear-925	54	9	seen	see	VERB
gjear-925	54	10	from	from	ADP
gjear-925	54	11	the	the	DET
gjear-925	54	12	formula	formula	NOUN
gjear-925	54	13	that	that	SCONJ
gjear-925	54	14	if	if	SCONJ
gjear-925	54	15	you	you	PRON
gjear-925	54	16	want	want	VERB
gjear-925	54	17	to	to	PART
gjear-925	54	18	increase	increase	VERB
gjear-925	54	19	your	your	PRON
gjear-925	54	20	return	return	NOUN
gjear-925	54	21	on	on	ADP
gjear-925	54	22	investment	investment	NOUN
gjear-925	54	23	,	,	PUNCT
gjear-925	54	24	you	you	PRON
gjear-925	54	25	only	only	ADV
gjear-925	54	26	need	need	VERB
gjear-925	54	27	to	to	PART
gjear-925	54	28	reduce	reduce	VERB
gjear-925	54	29	costs	cost	NOUN
gjear-925	54	30	and	and	CCONJ
gjear-925	54	31	increase	increase	VERB
gjear-925	54	32	profits	profit	NOUN
gjear-925	54	33	.	.	PUNCT
gjear-925	55	1	this	this	DET
gjear-925	55	2	study	study	NOUN
gjear-925	55	3	will	will	AUX
gjear-925	55	4	look	look	VERB
gjear-925	55	5	at	at	ADP
gjear-925	55	6	how	how	SCONJ
gjear-925	55	7	to	to	PART
gjear-925	55	8	find	find	VERB
gjear-925	55	9	out	out	ADP
gjear-925	55	10	the	the	DET
gjear-925	55	11	effect	effect	NOUN
gjear-925	55	12	of	of	ADP
gjear-925	55	13	funding	funding	NOUN
gjear-925	55	14	from	from	ADP
gjear-925	55	15	long	long	ADJ
gjear-925	55	16	-	-	PUNCT
gjear-925	55	17	term	term	NOUN
gjear-925	55	18	debt	debt	NOUN
gjear-925	55	19	,	,	PUNCT
gjear-925	55	20	short	short	ADJ
gjear-925	55	21	-	-	PUNCT
gjear-925	55	22	term	term	NOUN
gjear-925	55	23	debt	debt	NOUN
gjear-925	55	24	,	,	PUNCT
gjear-925	55	25	and	and	CCONJ
gjear-925	55	26	own	own	ADJ
gjear-925	55	27	capital	capital	NOUN
gjear-925	55	28	either	either	CCONJ
gjear-925	55	29	simultaneously	simultaneously	ADV
gjear-925	55	30	or	or	CCONJ
gjear-925	55	31	partially	partially	ADV
gjear-925	55	32	on	on	ADP
gjear-925	55	33	the	the	DET
gjear-925	55	34	level	level	NOUN
gjear-925	55	35	of	of	ADP
gjear-925	55	36	profitability	profitability	NOUN
gjear-925	55	37	in	in	ADP
gjear-925	55	38	companies	company	NOUN
gjear-925	55	39	engaged	engage	VERB
gjear-925	55	40	in	in	ADP
gjear-925	55	41	financing	financing	NOUN
gjear-925	55	42	institutions	institution	NOUN
gjear-925	55	43	where	where	SCONJ
gjear-925	55	44	the	the	DET
gjear-925	55	45	company	company	NOUN
gjear-925	55	46	is	be	AUX
gjear-925	55	47	engaged	engage	VERB
gjear-925	55	48	in	in	ADP
gjear-925	55	49	financing	financing	NOUN
gjear-925	55	50	institutions	institution	NOUN
gjear-925	55	51	,	,	PUNCT
gjear-925	55	52	especially	especially	ADV
gjear-925	55	53	during	during	ADP
gjear-925	55	54	the	the	DET
gjear-925	55	55	pandemic	pandemic	ADJ
gjear-925	55	56	finance	finance	NOUN
gjear-925	55	57	company	company	NOUN
gjear-925	55	58	.	.	PUNCT
gjear-925	56	1	need	need	VERB
gjear-925	56	2	the	the	DET
gjear-925	56	3	ability	ability	NOUN
gjear-925	56	4	to	to	PART
gjear-925	56	5	survive	survive	VERB
gjear-925	56	6	.	.	PUNCT
gjear-925	57	1	which	which	PRON
gjear-925	57	2	of	of	ADP
gjear-925	57	3	the	the	DET
gjear-925	57	4	long	long	ADJ
gjear-925	57	5	-	-	PUNCT
gjear-925	57	6	term	term	NOUN
gjear-925	57	7	debt	debt	NOUN
gjear-925	57	8	,	,	PUNCT
gjear-925	57	9	short	short	ADJ
gjear-925	57	10	-	-	PUNCT
gjear-925	57	11	term	term	NOUN
gjear-925	57	12	debt	debt	NOUN
gjear-925	57	13	and	and	CCONJ
gjear-925	57	14	capital	capital	NOUN
gjear-925	57	15	is	be	AUX
gjear-925	57	16	the	the	DET
gjear-925	57	17	most	most	ADV
gjear-925	57	18	dominant	dominant	ADJ
gjear-925	57	19	influence	influence	NOUN
gjear-925	57	20	on	on	ADP
gjear-925	57	21	the	the	DET
gjear-925	57	22	profitability	profitability	NOUN
gjear-925	57	23	of	of	ADP
gjear-925	57	24	a	a	DET
gjear-925	57	25	finance	finance	NOUN
gjear-925	57	26	company	company	NOUN
gjear-925	57	27	.	.	PUNCT
gjear-925	58	1	2	2	X
gjear-925	58	2	.	.	X
gjear-925	58	3	theoryandhypothesesdevelopment	theoryandhypothesesdevelopment	PROPN
gjear-925	58	4	2.1	2.1	NUM
gjear-925	58	5	.	.	PUNCT
gjear-925	59	1	packing	pack	VERB
gjear-925	59	2	order	order	NOUN
gjear-925	59	3	theory	theory	NOUN
gjear-925	59	4	.	.	PUNCT
gjear-925	60	1	pecking	pecking	NOUN
gjear-925	60	2	order	order	NOUN
gjear-925	60	3	theory	theory	NOUN
gjear-925	60	4	according	accord	VERB
gjear-925	60	5	to	to	ADP
gjear-925	60	6	saputra	saputra	PROPN
gjear-925	60	7	(	(	PUNCT
gjear-925	60	8	2012	2012	NUM
gjear-925	60	9	)	)	PUNCT
gjear-925	60	10	pecking	pecking	NOUN
gjear-925	60	11	order	order	NOUN
gjear-925	60	12	theory	theory	NOUN
gjear-925	60	13	assumes	assume	VERB
gjear-925	60	14	that	that	SCONJ
gjear-925	60	15	the	the	DET
gjear-925	60	16	company	company	NOUN
gjear-925	60	17	aims	aim	VERB
gjear-925	60	18	to	to	PART
gjear-925	60	19	maximize	maximize	VERB
gjear-925	60	20	shareholder	shareholder	NOUN
gjear-925	60	21	welfare	welfare	NOUN
gjear-925	60	22	.	.	PUNCT
gjear-925	61	1	pecking	pecking	NOUN
gjear-925	61	2	order	order	NOUN
gjear-925	61	3	theory	theory	NOUN
gjear-925	61	4	predicts	predict	VERB
gjear-925	61	5	that	that	SCONJ
gjear-925	61	6	external	external	ADJ
gjear-925	61	7	debt	debt	NOUN
gjear-925	61	8	financing	financing	NOUN
gjear-925	61	9	is	be	AUX
gjear-925	61	10	based	base	VERB
gjear-925	61	11	on	on	ADP
gjear-925	61	12	an	an	DET
gjear-925	61	13	internal	internal	ADJ
gjear-925	61	14	funding	funding	NOUN
gjear-925	61	15	deficit	deficit	NOUN
gjear-925	61	16	.	.	PUNCT
gjear-925	62	1	the	the	DET
gjear-925	62	2	following	follow	VERB
gjear-925	62	3	is	be	AUX
gjear-925	62	4	the	the	DET
gjear-925	62	5	order	order	NOUN
gjear-925	62	6	(	(	PUNCT
gjear-925	62	7	hierarchy	hierarchy	NOUN
gjear-925	62	8	)	)	PUNCT
gjear-925	62	9	in	in	ADP
gjear-925	62	10	selecting	select	VERB
gjear-925	62	11	funding	funding	NOUN
gjear-925	62	12	sources	source	NOUN
gjear-925	62	13	,	,	PUNCT
gjear-925	62	14	namely	namely	ADV
gjear-925	62	15	:	:	PUNCT
gjear-925	62	16	a.	a.	NOUN
gjear-925	62	17	the	the	DET
gjear-925	62	18	company	company	NOUN
gjear-925	62	19	prefers	prefer	VERB
gjear-925	62	20	to	to	PART
gjear-925	62	21	use	use	VERB
gjear-925	62	22	internal	internal	ADJ
gjear-925	62	23	funding	funding	NOUN
gjear-925	62	24	sources	source	NOUN
gjear-925	62	25	or	or	CCONJ
gjear-925	62	26	internal	internal	ADJ
gjear-925	62	27	funding	funding	NOUN
gjear-925	62	28	rather	rather	ADV
gjear-925	62	29	than	than	ADP
gjear-925	62	30	external	external	ADJ
gjear-925	62	31	funding	funding	NOUN
gjear-925	62	32	.	.	PUNCT
gjear-925	63	1	the	the	DET
gjear-925	63	2	internal	internal	ADJ
gjear-925	63	3	funds	fund	NOUN
gjear-925	63	4	are	be	AUX
gjear-925	63	5	obtained	obtain	VERB
gjear-925	63	6	from	from	ADP
gjear-925	63	7	retained	retain	VERB
gjear-925	63	8	earnings	earning	NOUN
gjear-925	63	9	generated	generate	VERB
gjear-925	63	10	from	from	ADP
gjear-925	63	11	the	the	DET
gjear-925	63	12	company	company	NOUN
gjear-925	63	13	's	's	PART
gjear-925	63	14	operational	operational	ADJ
gjear-925	63	15	activities	activity	NOUN
gjear-925	63	16	.	.	PUNCT
gjear-925	64	1	b.	b.	PROPN
gjear-925	65	1	if	if	SCONJ
gjear-925	65	2	external	external	ADJ
gjear-925	65	3	funding	funding	NOUN
gjear-925	65	4	is	be	AUX
gjear-925	65	5	needed	need	VERB
gjear-925	65	6	,	,	PUNCT
gjear-925	65	7	the	the	DET
gjear-925	65	8	company	company	NOUN
gjear-925	65	9	will	will	AUX
gjear-925	65	10	choose	choose	VERB
gjear-925	65	11	first	first	ADV
gjear-925	65	12	from	from	ADP
gjear-925	65	13	the	the	DET
gjear-925	65	14	safest	safe	ADJ
gjear-925	65	15	securities	security	NOUN
gjear-925	65	16	,	,	PUNCT
gjear-925	65	17	namely	namely	ADV
gjear-925	65	18	the	the	DET
gjear-925	65	19	lowest	low	ADJ
gjear-925	65	20	risk	risk	NOUN
gjear-925	65	21	debt	debt	NOUN
gjear-925	65	22	,	,	PUNCT
gjear-925	65	23	down	down	ADP
gjear-925	65	24	to	to	ADP
gjear-925	65	25	riskier	risky	ADJ
gjear-925	65	26	debt	debt	NOUN
gjear-925	65	27	,	,	PUNCT
gjear-925	65	28	hybrid	hybrid	ADJ
gjear-925	65	29	securities	security	NOUN
gjear-925	65	30	such	such	ADJ
gjear-925	65	31	as	as	ADP
gjear-925	65	32	convertible	convertible	ADJ
gjear-925	65	33	bonds	bond	NOUN
gjear-925	65	34	,	,	PUNCT
gjear-925	65	35	preferred	preferred	ADJ
gjear-925	65	36	stock	stock	NOUN
gjear-925	65	37	,	,	PUNCT
gjear-925	65	38	and	and	CCONJ
gjear-925	65	39	finally	finally	ADV
gjear-925	65	40	common	common	ADJ
gjear-925	65	41	stock	stock	NOUN
gjear-925	65	42	.	.	PUNCT
gjear-925	66	1	c.	c.	PROPN
gjear-925	66	2	there	there	PRON
gjear-925	66	3	is	be	VERB
gjear-925	66	4	a	a	DET
gjear-925	66	5	constant	constant	ADJ
gjear-925	66	6	dividend	dividend	NOUN
gjear-925	66	7	policy	policy	NOUN
gjear-925	66	8	,	,	PUNCT
gjear-925	66	9	namely	namely	ADV
gjear-925	66	10	the	the	DET
gjear-925	66	11	company	company	NOUN
gjear-925	66	12	will	will	AUX
gjear-925	66	13	set	set	VERB
gjear-925	66	14	a	a	DET
gjear-925	66	15	constant	constant	ADJ
gjear-925	66	16	amount	amount	NOUN
gjear-925	66	17	of	of	ADP
gjear-925	66	18	dividend	dividend	NOUN
gjear-925	66	19	payments	payment	NOUN
gjear-925	66	20	,	,	PUNCT
gjear-925	66	21	regardless	regardless	ADV
gjear-925	66	22	of	of	ADP
gjear-925	66	23	how	how	SCONJ
gjear-925	66	24	much	much	ADJ
gjear-925	66	25	the	the	DET
gjear-925	66	26	company	company	NOUN
gjear-925	66	27	gains	gain	VERB
gjear-925	66	28	or	or	CCONJ
gjear-925	66	29	loses	lose	VERB
gjear-925	66	30	.	.	PUNCT
gjear-925	67	1	e.	e.	PROPN
gjear-925	67	2	to	to	PART
gjear-925	67	3	anticipate	anticipate	VERB
gjear-925	67	4	a	a	DET
gjear-925	67	5	cash	cash	NOUN
gjear-925	67	6	shortage	shortage	NOUN
gjear-925	67	7	due	due	ADP
gjear-925	67	8	to	to	ADP
gjear-925	67	9	a	a	DET
gjear-925	67	10	constant	constant	ADJ
gjear-925	67	11	dividend	dividend	NOUN
gjear-925	67	12	policy	policy	NOUN
gjear-925	67	13	and	and	CCONJ
gjear-925	67	14	fluctuations	fluctuation	NOUN
gjear-925	67	15	in	in	ADP
gjear-925	67	16	profit	profit	NOUN
gjear-925	67	17	levels	level	NOUN
gjear-925	67	18	,	,	PUNCT
gjear-925	67	19	as	as	ADV
gjear-925	67	20	well	well	ADV
gjear-925	67	21	as	as	ADP
gjear-925	67	22	growth	growth	NOUN
gjear-925	67	23	opportunities	opportunity	NOUN
gjear-925	67	24	,	,	PUNCT
gjear-925	67	25	the	the	DET
gjear-925	67	26	company	company	NOUN
gjear-925	67	27	will	will	AUX
gjear-925	67	28	take	take	VERB
gjear-925	67	29	an	an	DET
gjear-925	67	30	investment	investment	NOUN
gjear-925	67	31	portfolio	portfolio	NOUN
gjear-925	67	32	that	that	PRON
gjear-925	67	33	is	be	AUX
gjear-925	67	34	readily	readily	ADV
gjear-925	67	35	available	available	ADJ
gjear-925	67	36	.	.	PUNCT
gjear-925	68	1	2.2	2.2	NUM
gjear-925	68	2	.	.	PUNCT
gjear-925	69	1	modigliani	modigliani	PROPN
gjear-925	69	2	-	-	PUNCT
gjear-925	69	3	miller	miller	PROPN
gjear-925	69	4	(	(	PUNCT
gjear-925	69	5	mm	mm	NOUN
gjear-925	69	6	)	)	PUNCT
gjear-925	69	7	theory	theory	NOUN
gjear-925	69	8	according	accord	VERB
gjear-925	69	9	to	to	ADP
gjear-925	69	10	brigham	brigham	PROPN
gjear-925	69	11	(	(	PUNCT
gjear-925	69	12	2011	2011	NUM
gjear-925	69	13	)	)	PUNCT
gjear-925	69	14	mm	mm	PROPN
gjear-925	69	15	theory	theory	NOUN
gjear-925	69	16	is	be	AUX
gjear-925	69	17	divided	divide	VERB
gjear-925	69	18	into	into	ADP
gjear-925	69	19	2	2	NUM
gjear-925	69	20	conditions	condition	NOUN
gjear-925	69	21	,	,	PUNCT
gjear-925	69	22	namely	namely	ADV
gjear-925	69	23	:	:	PUNCT
gjear-925	69	24	1	1	X
gjear-925	69	25	)	)	PUNCT
gjear-925	69	26	no	no	DET
gjear-925	69	27	tax	tax	NOUN
gjear-925	69	28	by	by	ADP
gjear-925	69	29	assuming	assume	VERB
gjear-925	69	30	that	that	SCONJ
gjear-925	69	31	there	there	PRON
gjear-925	69	32	is	be	VERB
gjear-925	69	33	neither	neither	PRON
gjear-925	69	34	corporate	corporate	ADJ
gjear-925	69	35	tax	tax	NOUN
gjear-925	69	36	nor	nor	CCONJ
gjear-925	69	37	tax	tax	NOUN
gjear-925	69	38	and	and	CCONJ
gjear-925	69	39	based	base	VERB
gjear-925	69	40	on	on	ADP
gjear-925	69	41	the	the	DET
gjear-925	69	42	assumptions	assumption	NOUN
gjear-925	69	43	previously	previously	ADV
gjear-925	69	44	mentioned	mention	VERB
gjear-925	70	1	,	,	PUNCT
gjear-925	70	2	mm	mm	PROPN
gjear-925	70	3	uses	use	VERB
gjear-925	70	4	the	the	DET
gjear-925	70	5	following	follow	VERB
gjear-925	70	6	prepositions	preposition	NOUN
gjear-925	70	7	:	:	PUNCT
gjear-925	70	8	a	a	X
gjear-925	70	9	)	)	PUNCT
gjear-925	70	10	preposition	preposition	NOUN
gjear-925	70	11	i	i	PRON
gjear-925	70	12	modigliani	modigliani	PROPN
gjear-925	70	13	and	and	CCONJ
gjear-925	70	14	miller	miller	PROPN
gjear-925	70	15	(	(	PUNCT
gjear-925	70	16	mm	mm	INTJ
gjear-925	70	17	)	)	PUNCT
gjear-925	70	18	explain	explain	VERB
gjear-925	70	19	that	that	SCONJ
gjear-925	70	20	there	there	PRON
gjear-925	70	21	is	be	VERB
gjear-925	70	22	no	no	DET
gjear-925	70	23	effect	effect	NOUN
gjear-925	70	24	of	of	ADP
gjear-925	70	25	financial	financial	ADJ
gjear-925	70	26	leverage	leverage	NOUN
gjear-925	70	27	on	on	ADP
gjear-925	70	28	firm	firm	ADJ
gjear-925	70	29	value	value	NOUN
gjear-925	70	30	.	.	PUNCT
gjear-925	71	1	according	accord	VERB
gjear-925	71	2	to	to	ADP
gjear-925	71	3	mm	mm	PROPN
gjear-925	71	4	1	1	NUM
gjear-925	71	5	theory	theory	NOUN
gjear-925	71	6	,	,	PUNCT
gjear-925	71	7	changes	change	NOUN
gjear-925	71	8	in	in	ADP
gjear-925	71	9	capital	capital	NOUN
gjear-925	71	10	structure	structure	NOUN
gjear-925	71	11	do	do	AUX
gjear-925	71	12	not	not	PART
gjear-925	71	13	affect	affect	VERB
gjear-925	71	14	the	the	DET
gjear-925	71	15	value	value	NOUN
gjear-925	71	16	of	of	ADP
gjear-925	71	17	the	the	DET
gjear-925	71	18	company	company	NOUN
gjear-925	71	19	in	in	ADP
gjear-925	71	20	other	other	ADJ
gjear-925	71	21	words	word	NOUN
gjear-925	71	22	global	global	PROPN
gjear-925	71	23	research	research	PROPN
gjear-925	71	24	journal	journal	PROPN
gjear-925	71	25	of	of	ADP
gjear-925	71	26	management	management	NOUN
gjear-925	71	27	and	and	CCONJ
gjear-925	71	28	social	social	ADJ
gjear-925	71	29	sciences	science	NOUN
gjear-925	71	30	(	(	PUNCT
gjear-925	71	31	grjmss	grjmss	PROPN
gjear-925	71	32	)	)	PUNCT
gjear-925	71	33	vol	vol	NOUN
gjear-925	71	34	.	.	PROPN
gjear-925	71	35	13	13	NUM
gjear-925	72	1	(	(	PUNCT
gjear-925	72	2	1	1	NUM
gjear-925	72	3	)	)	PUNCT
gjear-925	72	4	pg	pg	NOUN
gjear-925	72	5	.	.	PROPN
gjear-925	72	6	14	14	NUM
gjear-925	73	1	there	there	PRON
gjear-925	73	2	is	be	VERB
gjear-925	73	3	no	no	DET
gjear-925	73	4	optimal	optimal	ADJ
gjear-925	73	5	capital	capital	NOUN
gjear-925	73	6	structure	structure	NOUN
gjear-925	73	7	for	for	ADP
gjear-925	73	8	the	the	DET
gjear-925	73	9	company	company	NOUN
gjear-925	73	10	b	b	PROPN
gjear-925	73	11	)	)	PUNCT
gjear-925	73	12	mm	mm	PROPN
gjear-925	73	13	ii	ii	NOUN
gjear-925	73	14	proposition	proposition	NOUN
gjear-925	73	15	which	which	PRON
gjear-925	73	16	states	state	VERB
gjear-925	73	17	that	that	SCONJ
gjear-925	73	18	the	the	DET
gjear-925	73	19	expected	expect	VERB
gjear-925	73	20	value	value	NOUN
gjear-925	73	21	of	of	ADP
gjear-925	73	22	the	the	DET
gjear-925	73	23	rate	rate	NOUN
gjear-925	73	24	of	of	ADP
gjear-925	73	25	return	return	NOUN
gjear-925	73	26	on	on	ADP
gjear-925	73	27	capital	capital	NOUN
gjear-925	73	28	/	/	SYM
gjear-925	73	29	return	return	NOUN
gjear-925	73	30	on	on	ADP
gjear-925	73	31	equity	equity	NOUN
gjear-925	73	32	(	(	PUNCT
gjear-925	73	33	roe	roe	NOUN
gjear-925	73	34	)	)	PUNCT
gjear-925	73	35	increases	increase	NOUN
gjear-925	73	36	in	in	ADP
gjear-925	73	37	line	line	NOUN
gjear-925	73	38	with	with	ADP
gjear-925	73	39	the	the	DET
gjear-925	73	40	increase	increase	NOUN
gjear-925	73	41	in	in	ADP
gjear-925	73	42	the	the	DET
gjear-925	73	43	debt	debt	NOUN
gjear-925	73	44	-	-	PUNCT
gjear-925	73	45	to	to	ADP
gjear-925	73	46	-	-	PUNCT
gjear-925	73	47	equity	equity	NOUN
gjear-925	73	48	ratio	ratio	NOUN
gjear-925	73	49	(	(	PUNCT
gjear-925	73	50	der	der	NOUN
gjear-925	73	51	)	)	PUNCT
gjear-925	73	52	.	.	PUNCT
gjear-925	74	1	the	the	DET
gjear-925	74	2	increase	increase	NOUN
gjear-925	74	3	in	in	ADP
gjear-925	74	4	roe	roe	NOUN
gjear-925	74	5	expectations	expectation	NOUN
gjear-925	74	6	is	be	AUX
gjear-925	74	7	driven	drive	VERB
gjear-925	74	8	by	by	ADP
gjear-925	74	9	an	an	DET
gjear-925	74	10	increase	increase	NOUN
gjear-925	74	11	in	in	ADP
gjear-925	74	12	financial	financial	ADJ
gjear-925	74	13	risk	risk	NOUN
gjear-925	74	14	that	that	PRON
gjear-925	74	15	will	will	AUX
gjear-925	74	16	be	be	AUX
gjear-925	74	17	borne	bear	VERB
gjear-925	74	18	by	by	ADP
gjear-925	74	19	corporate	corporate	ADJ
gjear-925	74	20	investors	investor	NOUN
gjear-925	74	21	due	due	ADP
gjear-925	74	22	to	to	ADP
gjear-925	74	23	increased	increase	VERB
gjear-925	74	24	debt	debt	NOUN
gjear-925	74	25	(	(	PUNCT
gjear-925	74	26	der	der	NOUN
gjear-925	74	27	)	)	PUNCT
gjear-925	74	28	,	,	PUNCT
gjear-925	74	29	so	so	SCONJ
gjear-925	74	30	that	that	SCONJ
gjear-925	74	31	if	if	SCONJ
gjear-925	74	32	financial	financial	ADJ
gjear-925	74	33	leverage	leverage	NOUN
gjear-925	74	34	increases	increase	VERB
gjear-925	74	35	,	,	PUNCT
gjear-925	74	36	the	the	DET
gjear-925	74	37	cost	cost	NOUN
gjear-925	74	38	of	of	ADP
gjear-925	74	39	capital	capital	NOUN
gjear-925	74	40	/	/	SYM
gjear-925	74	41	equity	equity	NOUN
gjear-925	74	42	will	will	AUX
gjear-925	74	43	also	also	ADV
gjear-925	74	44	increase	increase	VERB
gjear-925	74	45	linearly	linearly	ADV
gjear-925	74	46	because	because	SCONJ
gjear-925	74	47	shareholders	shareholder	NOUN
gjear-925	74	48	are	be	AUX
gjear-925	74	49	faced	face	VERB
gjear-925	74	50	with	with	ADP
gjear-925	74	51	greater	great	ADJ
gjear-925	74	52	risk	risk	NOUN
gjear-925	74	53	.	.	PUNCT
gjear-925	75	1	2	2	X
gjear-925	75	2	)	)	PUNCT
gjear-925	75	3	with	with	ADP
gjear-925	75	4	the	the	DET
gjear-925	75	5	company	company	NOUN
gjear-925	75	6	tax	tax	VERB
gjear-925	75	7	a	a	DET
gjear-925	75	8	)	)	PUNCT
gjear-925	75	9	preposition	preposition	NOUN
gjear-925	75	10	i	i	PRON
gjear-925	75	11	state	state	VERB
gjear-925	75	12	that	that	SCONJ
gjear-925	75	13	the	the	DET
gjear-925	75	14	value	value	NOUN
gjear-925	75	15	of	of	ADP
gjear-925	75	16	a	a	DET
gjear-925	75	17	company	company	NOUN
gjear-925	75	18	with	with	ADP
gjear-925	75	19	debt	debt	NOUN
gjear-925	75	20	will	will	AUX
gjear-925	75	21	be	be	AUX
gjear-925	75	22	greater	great	ADJ
gjear-925	75	23	than	than	ADP
gjear-925	75	24	the	the	DET
gjear-925	75	25	value	value	NOUN
gjear-925	75	26	of	of	ADP
gjear-925	75	27	a	a	DET
gjear-925	75	28	company	company	NOUN
gjear-925	75	29	without	without	ADP
gjear-925	75	30	debt	debt	NOUN
gjear-925	75	31	.	.	PUNCT
gjear-925	76	1	the	the	DET
gjear-925	76	2	value	value	NOUN
gjear-925	76	3	of	of	ADP
gjear-925	76	4	the	the	DET
gjear-925	76	5	company	company	NOUN
gjear-925	76	6	that	that	PRON
gjear-925	76	7	will	will	AUX
gjear-925	76	8	have	have	VERB
gjear-925	76	9	the	the	DET
gjear-925	76	10	debt	debt	NOUN
gjear-925	76	11	is	be	AUX
gjear-925	76	12	equal	equal	ADJ
gjear-925	76	13	to	to	ADP
gjear-925	76	14	the	the	DET
gjear-925	76	15	value	value	NOUN
gjear-925	76	16	of	of	ADP
gjear-925	76	17	the	the	DET
gjear-925	76	18	company	company	NOUN
gjear-925	76	19	without	without	ADP
gjear-925	76	20	debt	debt	NOUN
gjear-925	76	21	plus	plus	CCONJ
gjear-925	76	22	the	the	DET
gjear-925	76	23	tax	tax	NOUN
gjear-925	76	24	savings	saving	NOUN
gjear-925	76	25	.	.	PUNCT
gjear-925	77	1	the	the	DET
gjear-925	77	2	theory	theory	NOUN
gjear-925	77	3	of	of	ADP
gjear-925	77	4	the	the	DET
gjear-925	77	5	mm	mm	PROPN
gjear-925	77	6	proposition	proposition	NOUN
gjear-925	77	7	underwent	undergo	VERB
gjear-925	77	8	a	a	DET
gjear-925	77	9	change	change	NOUN
gjear-925	77	10	with	with	ADP
gjear-925	77	11	the	the	DET
gjear-925	77	12	inclusion	inclusion	NOUN
gjear-925	77	13	of	of	ADP
gjear-925	77	14	the	the	DET
gjear-925	77	15	tax	tax	NOUN
gjear-925	77	16	element	element	NOUN
gjear-925	77	17	by	by	ADP
gjear-925	77	18	miller	miller	PROPN
gjear-925	77	19	.	.	PUNCT
gjear-925	78	1	mm	mm	PROPN
gjear-925	78	2	admits	admit	VERB
gjear-925	78	3	that	that	SCONJ
gjear-925	78	4	an	an	DET
gjear-925	78	5	increase	increase	NOUN
gjear-925	78	6	in	in	ADP
gjear-925	78	7	the	the	DET
gjear-925	78	8	amount	amount	NOUN
gjear-925	78	9	of	of	ADP
gjear-925	78	10	debt	debt	NOUN
gjear-925	78	11	has	have	VERB
gjear-925	78	12	a	a	DET
gjear-925	78	13	positive	positive	ADJ
gjear-925	78	14	effect	effect	NOUN
gjear-925	78	15	on	on	ADP
gjear-925	78	16	firm	firm	ADJ
gjear-925	78	17	value	value	NOUN
gjear-925	78	18	.	.	PUNCT
gjear-925	79	1	b	b	X
gjear-925	79	2	)	)	PUNCT
gjear-925	79	3	preposition	preposition	NOUN
gjear-925	79	4	ii	ii	PROPN
gjear-925	79	5	states	state	VERB
gjear-925	79	6	that	that	SCONJ
gjear-925	79	7	the	the	DET
gjear-925	79	8	cost	cost	NOUN
gjear-925	79	9	of	of	ADP
gjear-925	79	10	equity	equity	NOUN
gjear-925	79	11	in	in	ADP
gjear-925	79	12	companies	company	NOUN
gjear-925	79	13	that	that	PRON
gjear-925	79	14	have	have	VERB
gjear-925	79	15	debt	debt	NOUN
gjear-925	79	16	is	be	AUX
gjear-925	79	17	equal	equal	ADJ
gjear-925	79	18	to	to	ADP
gjear-925	79	19	the	the	DET
gjear-925	79	20	cost	cost	NOUN
gjear-925	79	21	of	of	ADP
gjear-925	79	22	equity	equity	NOUN
gjear-925	79	23	of	of	ADP
gjear-925	79	24	companies	company	NOUN
gjear-925	79	25	without	without	ADP
gjear-925	79	26	debt	debt	NOUN
gjear-925	79	27	plus	plus	CCONJ
gjear-925	79	28	a	a	DET
gjear-925	79	29	risk	risk	NOUN
gjear-925	79	30	premium	premium	NOUN
gjear-925	79	31	.	.	PUNCT
gjear-925	80	1	so	so	ADV
gjear-925	80	2	,	,	PUNCT
gjear-925	80	3	the	the	DET
gjear-925	80	4	mm	mm	PROPN
gjear-925	80	5	theory	theory	NOUN
gjear-925	80	6	with	with	ADP
gjear-925	80	7	corporate	corporate	ADJ
gjear-925	80	8	tax	tax	NOUN
gjear-925	80	9	states	state	NOUN
gjear-925	80	10	that	that	SCONJ
gjear-925	80	11	the	the	DET
gjear-925	80	12	value	value	NOUN
gjear-925	80	13	of	of	ADP
gjear-925	80	14	the	the	DET
gjear-925	80	15	company	company	NOUN
gjear-925	80	16	will	will	AUX
gjear-925	80	17	increase	increase	VERB
gjear-925	80	18	in	in	ADP
gjear-925	80	19	line	line	NOUN
gjear-925	80	20	with	with	ADP
gjear-925	80	21	the	the	DET
gjear-925	80	22	increase	increase	NOUN
gjear-925	80	23	in	in	ADP
gjear-925	80	24	the	the	DET
gjear-925	80	25	use	use	NOUN
gjear-925	80	26	of	of	ADP
gjear-925	80	27	debt	debt	NOUN
gjear-925	80	28	.	.	PUNCT
gjear-925	81	1	debt	debt	NOUN
gjear-925	81	2	interest	interest	NOUN
gjear-925	81	3	costs	cost	NOUN
gjear-925	81	4	can	can	AUX
gjear-925	81	5	reduce	reduce	VERB
gjear-925	81	6	taxes	taxis	NOUN
gjear-925	81	7	so	so	SCONJ
gjear-925	81	8	that	that	SCONJ
gjear-925	81	9	a	a	DET
gjear-925	81	10	larger	large	ADJ
gjear-925	81	11	portion	portion	NOUN
gjear-925	81	12	of	of	ADP
gjear-925	81	13	the	the	DET
gjear-925	81	14	company	company	NOUN
gjear-925	81	15	's	's	PART
gjear-925	81	16	income	income	NOUN
gjear-925	81	17	becomes	become	VERB
gjear-925	81	18	the	the	DET
gjear-925	81	19	investor	investor	NOUN
gjear-925	81	20	's	's	PART
gjear-925	81	21	share	share	NOUN
gjear-925	81	22	.	.	PUNCT
gjear-925	82	1	this	this	PRON
gjear-925	82	2	implies	imply	VERB
gjear-925	82	3	that	that	SCONJ
gjear-925	82	4	organizations	organization	NOUN
gjear-925	82	5	that	that	PRON
gjear-925	82	6	issue	issue	NOUN
gjear-925	82	7	debt	debt	NOUN
gjear-925	82	8	are	be	AUX
gjear-925	82	9	sending	send	VERB
gjear-925	82	10	out	out	ADP
gjear-925	82	11	favorable	favorable	ADJ
gjear-925	82	12	signals	signal	NOUN
gjear-925	82	13	about	about	ADP
gjear-925	82	14	their	their	PRON
gjear-925	82	15	future	future	ADJ
gjear-925	82	16	prospects	prospect	NOUN
gjear-925	82	17	.	.	PUNCT
gjear-925	83	1	in	in	ADP
gjear-925	83	2	contrast	contrast	NOUN
gjear-925	83	3	,	,	PUNCT
gjear-925	83	4	fresh	fresh	ADJ
gjear-925	83	5	equity	equity	NOUN
gjear-925	83	6	is	be	AUX
gjear-925	83	7	issued	issue	VERB
gjear-925	83	8	with	with	ADP
gjear-925	83	9	the	the	DET
gjear-925	83	10	goal	goal	NOUN
gjear-925	83	11	of	of	ADP
gjear-925	83	12	distributing	distribute	VERB
gjear-925	83	13	risk	risk	NOUN
gjear-925	83	14	among	among	ADP
gjear-925	83	15	shareholders	shareholder	NOUN
gjear-925	83	16	;	;	PUNCT
gjear-925	83	17	therefore	therefore	ADV
gjear-925	83	18	,	,	PUNCT
gjear-925	83	19	this	this	PRON
gjear-925	83	20	is	be	AUX
gjear-925	83	21	the	the	DET
gjear-925	83	22	last	last	ADJ
gjear-925	83	23	option	option	NOUN
gjear-925	83	24	for	for	ADP
gjear-925	83	25	corporations	corporation	NOUN
gjear-925	83	26	seeking	seek	VERB
gjear-925	83	27	to	to	PART
gjear-925	83	28	acquire	acquire	VERB
gjear-925	83	29	cash.(endri	cash.(endri	PROPN
gjear-925	83	30	,	,	PUNCT
gjear-925	83	31	e.	e.	PROPN
gjear-925	83	32	,	,	PUNCT
gjear-925	83	33	et.al.2021	et.al.2021	PROPN
gjear-925	83	34	)	)	PUNCT
gjear-925	83	35	.	.	PUNCT
gjear-925	84	1	2.3	2.3	NUM
gjear-925	84	2	.	.	PUNCT
gjear-925	84	3	trade	trade	NOUN
gjear-925	84	4	-	-	PUNCT
gjear-925	84	5	off	off	ADP
gjear-925	84	6	theory	theory	NOUN
gjear-925	84	7	(	(	PUNCT
gjear-925	84	8	tot	tot	NOUN
gjear-925	84	9	)	)	PUNCT
gjear-925	84	10	according	accord	VERB
gjear-925	84	11	to	to	ADP
gjear-925	84	12	ferdiansya	ferdiansya	NOUN
gjear-925	84	13	.et	.et	NUM
gjear-925	84	14	,	,	PUNCT
gjear-925	84	15	al(2013	al(2013	NOUN
gjear-925	84	16	)	)	PUNCT
gjear-925	84	17	trade	trade	NOUN
gjear-925	84	18	-	-	PUNCT
gjear-925	84	19	off	off	ADP
gjear-925	84	20	theory	theory	NOUN
gjear-925	84	21	has	have	VERB
gjear-925	84	22	the	the	DET
gjear-925	84	23	implication	implication	NOUN
gjear-925	84	24	that	that	SCONJ
gjear-925	84	25	managers	manager	NOUN
gjear-925	84	26	will	will	AUX
gjear-925	84	27	think	think	VERB
gjear-925	84	28	in	in	ADP
gjear-925	84	29	terms	term	NOUN
gjear-925	84	30	of	of	ADP
gjear-925	84	31	trade	trade	NOUN
gjear-925	84	32	-	-	PUNCT
gjear-925	84	33	offs	off	NOUN
gjear-925	84	34	between	between	ADP
gjear-925	84	35	tax	tax	NOUN
gjear-925	84	36	savings	saving	NOUN
gjear-925	84	37	and	and	CCONJ
gjear-925	84	38	bankruptcy	bankruptcy	NOUN
gjear-925	84	39	costs	cost	NOUN
gjear-925	84	40	in	in	ADP
gjear-925	84	41	determining	determine	VERB
gjear-925	84	42	capital	capital	NOUN
gjear-925	84	43	structure	structure	NOUN
gjear-925	84	44	.	.	PUNCT
gjear-925	85	1	according	accord	VERB
gjear-925	85	2	to	to	ADP
gjear-925	85	3	ferdiansya	ferdiansya	NOUN
gjear-925	85	4	.et.al	.et.al	PUNCT
gjear-925	85	5	(	(	PUNCT
gjear-925	85	6	2013	2013	NUM
gjear-925	85	7	)	)	PUNCT
gjear-925	85	8	in	in	ADP
gjear-925	85	9	reality	reality	NOUN
gjear-925	85	10	,	,	PUNCT
gjear-925	85	11	there	there	PRON
gjear-925	85	12	are	be	VERB
gjear-925	85	13	things	thing	NOUN
gjear-925	85	14	that	that	PRON
gjear-925	85	15	prevent	prevent	VERB
gjear-925	85	16	companies	company	NOUN
gjear-925	85	17	from	from	ADP
gjear-925	85	18	using	use	VERB
gjear-925	85	19	as	as	ADV
gjear-925	85	20	much	much	ADJ
gjear-925	85	21	debt	debt	NOUN
gjear-925	85	22	as	as	ADP
gjear-925	85	23	possible	possible	ADJ
gjear-925	85	24	.	.	PUNCT
gjear-925	86	1	an	an	DET
gjear-925	86	2	important	important	ADJ
gjear-925	86	3	thing	thing	NOUN
gjear-925	86	4	is	be	AUX
gjear-925	86	5	that	that	SCONJ
gjear-925	86	6	the	the	PRON
gjear-925	86	7	higher	high	ADJ
gjear-925	86	8	the	the	DET
gjear-925	86	9	debt	debt	NOUN
gjear-925	86	10	,	,	PUNCT
gjear-925	86	11	the	the	PRON
gjear-925	86	12	higher	high	ADJ
gjear-925	86	13	the	the	DET
gjear-925	86	14	probability	probability	NOUN
gjear-925	86	15	of	of	ADP
gjear-925	86	16	bankruptcy	bankruptcy	NOUN
gjear-925	86	17	.	.	PUNCT
gjear-925	87	1	this	this	DET
gjear-925	87	2	theory	theory	NOUN
gjear-925	87	3	incorporates	incorporate	VERB
gjear-925	87	4	the	the	DET
gjear-925	87	5	effects	effect	NOUN
gjear-925	87	6	of	of	ADP
gjear-925	87	7	personal	personal	ADJ
gjear-925	87	8	taxes	taxis	NOUN
gjear-925	87	9	,	,	PUNCT
gjear-925	87	10	agency	agency	NOUN
gjear-925	87	11	costs	cost	NOUN
gjear-925	87	12	,	,	PUNCT
gjear-925	87	13	and	and	CCONJ
gjear-925	87	14	financial	financial	ADJ
gjear-925	87	15	distress	distress	NOUN
gjear-925	87	16	costs	cost	NOUN
gjear-925	87	17	as	as	ADP
gjear-925	87	18	a	a	DET
gjear-925	87	19	counterbalance	counterbalance	NOUN
gjear-925	87	20	to	to	ADP
gjear-925	87	21	the	the	DET
gjear-925	87	22	benefits	benefit	NOUN
gjear-925	87	23	of	of	ADP
gjear-925	87	24	using	use	VERB
gjear-925	87	25	debt	debt	NOUN
gjear-925	87	26	.	.	PUNCT
gjear-925	88	1	according	accord	VERB
gjear-925	88	2	to	to	ADP
gjear-925	88	3	the	the	DET
gjear-925	88	4	trade	trade	NOUN
gjear-925	88	5	-	-	PUNCT
gjear-925	88	6	off	off	ADP
gjear-925	88	7	model	model	NOUN
gjear-925	88	8	,	,	PUNCT
gjear-925	88	9	the	the	DET
gjear-925	88	10	optimal	optimal	ADJ
gjear-925	88	11	capital	capital	NOUN
gjear-925	88	12	structure	structure	NOUN
gjear-925	88	13	is	be	AUX
gjear-925	88	14	a	a	DET
gjear-925	88	15	balance	balance	NOUN
gjear-925	88	16	between	between	ADP
gjear-925	88	17	tax	tax	NOUN
gjear-925	88	18	savings	saving	NOUN
gjear-925	88	19	on	on	ADP
gjear-925	88	20	the	the	DET
gjear-925	88	21	use	use	NOUN
gjear-925	88	22	of	of	ADP
gjear-925	88	23	debt	debt	NOUN
gjear-925	88	24	and	and	CCONJ
gjear-925	88	25	the	the	DET
gjear-925	88	26	costs	cost	NOUN
gjear-925	88	27	of	of	ADP
gjear-925	88	28	financial	financial	ADJ
gjear-925	88	29	difficulties	difficulty	NOUN
gjear-925	88	30	due	due	ADP
gjear-925	88	31	to	to	ADP
gjear-925	88	32	the	the	DET
gjear-925	88	33	use	use	NOUN
gjear-925	88	34	of	of	ADP
gjear-925	88	35	debt	debt	NOUN
gjear-925	88	36	,	,	PUNCT
gjear-925	88	37	because	because	SCONJ
gjear-925	88	38	the	the	DET
gjear-925	88	39	costs	cost	NOUN
gjear-925	88	40	and	and	CCONJ
gjear-925	88	41	benefits	benefit	NOUN
gjear-925	88	42	will	will	AUX
gjear-925	88	43	cancel	cancel	VERB
gjear-925	88	44	each	each	DET
gjear-925	88	45	other	other	ADJ
gjear-925	88	46	out	out	ADP
gjear-925	88	47	(	(	PUNCT
gjear-925	88	48	trade	trade	NOUN
gjear-925	88	49	-	-	PUNCT
gjear-925	88	50	off	off	NOUN
gjear-925	88	51	)	)	PUNCT
gjear-925	88	52	.	.	PUNCT
gjear-925	89	1	the	the	DET
gjear-925	89	2	optimal	optimal	ADJ
gjear-925	89	3	level	level	NOUN
gjear-925	89	4	of	of	ADP
gjear-925	89	5	debt	debt	NOUN
gjear-925	89	6	is	be	AUX
gjear-925	89	7	achieved	achieve	VERB
gjear-925	89	8	when	when	SCONJ
gjear-925	89	9	the	the	DET
gjear-925	89	10	effect	effect	NOUN
gjear-925	89	11	of	of	ADP
gjear-925	89	12	the	the	DET
gjear-925	89	13	interest	interest	NOUN
gjear-925	89	14	tax	tax	NOUN
gjear-925	89	15	shield	shield	NOUN
gjear-925	89	16	reaches	reach	VERB
gjear-925	89	17	the	the	DET
gjear-925	89	18	maximum	maximum	ADJ
gjear-925	89	19	amount	amount	NOUN
gjear-925	89	20	on	on	ADP
gjear-925	89	21	the	the	DET
gjear-925	89	22	expected	expect	VERB
gjear-925	89	23	cost	cost	NOUN
gjear-925	89	24	of	of	ADP
gjear-925	89	25	financial	financial	ADJ
gjear-925	89	26	distress	distress	NOUN
gjear-925	89	27	.	.	PUNCT
gjear-925	90	1	at	at	ADP
gjear-925	90	2	the	the	DET
gjear-925	90	3	optimal	optimal	ADJ
gjear-925	90	4	level	level	NOUN
gjear-925	90	5	of	of	ADP
gjear-925	90	6	debt	debt	NOUN
gjear-925	90	7	,	,	PUNCT
gjear-925	90	8	it	it	PRON
gjear-925	90	9	is	be	AUX
gjear-925	90	10	expected	expect	VERB
gjear-925	90	11	that	that	SCONJ
gjear-925	90	12	the	the	DET
gjear-925	90	13	value	value	NOUN
gjear-925	90	14	of	of	ADP
gjear-925	90	15	the	the	DET
gjear-925	90	16	company	company	NOUN
gjear-925	90	17	will	will	AUX
gjear-925	90	18	reach	reach	VERB
gjear-925	90	19	the	the	DET
gjear-925	90	20	optimal	optimal	ADJ
gjear-925	90	21	level	level	NOUN
gjear-925	90	22	,	,	PUNCT
gjear-925	90	23	and	and	CCONJ
gjear-925	90	24	conversely	conversely	ADV
gjear-925	90	25	,	,	PUNCT
gjear-925	90	26	,	,	PUNCT
gjear-925	90	27	there	there	PRON
gjear-925	90	28	will	will	AUX
gjear-925	90	29	be	be	AUX
gjear-925	90	30	a	a	DET
gjear-925	90	31	change	change	NOUN
gjear-925	90	32	in	in	ADP
gjear-925	90	33	the	the	DET
gjear-925	90	34	level	level	NOUN
gjear-925	90	35	of	of	ADP
gjear-925	90	36	debt	debt	NOUN
gjear-925	90	37	until	until	SCONJ
gjear-925	90	38	it	it	PRON
gjear-925	90	39	passes	pass	VERB
gjear-925	90	40	the	the	DET
gjear-925	90	41	optimal	optimal	ADJ
gjear-925	90	42	level	level	NOUN
gjear-925	90	43	or	or	CCONJ
gjear-925	90	44	bankruptcy	bankruptcy	NOUN
gjear-925	90	45	costs	cost	NOUN
gjear-925	90	46	,	,	PUNCT
gjear-925	90	47	and	and	CCONJ
gjear-925	90	48	financial	financial	ADJ
gjear-925	90	49	distress	distress	NOUN
gjear-925	90	50	costs	cost	NOUN
gjear-925	90	51	are	be	AUX
gjear-925	90	52	greater	great	ADJ
gjear-925	90	53	than	than	ADP
gjear-925	90	54	the	the	DET
gjear-925	90	55	interest	interest	NOUN
gjear-925	90	56	tax	tax	NOUN
gjear-925	90	57	shield	shield	NOUN
gjear-925	90	58	effect	effect	NOUN
gjear-925	90	59	,	,	PUNCT
gjear-925	90	60	debt	debt	NOUN
gjear-925	90	61	will	will	AUX
gjear-925	90	62	have	have	VERB
gjear-925	90	63	a	a	DET
gjear-925	90	64	negative	negative	ADJ
gjear-925	90	65	effect	effect	NOUN
gjear-925	90	66	on	on	ADP
gjear-925	90	67	firm	firm	ADJ
gjear-925	90	68	value	value	NOUN
gjear-925	90	69	.	.	PUNCT
gjear-925	91	1	thitrade	thitrade	PROPN
gjear-925	91	2	-	-	PUNCT
gjear-925	91	3	offff	offff	PROPN
gjear-925	91	4	theory	theory	NOUN
gjear-925	91	5	recognizes	recognize	VERB
gjear-925	91	6	the	the	DET
gjear-925	91	7	existence	existence	NOUN
gjear-925	91	8	of	of	ADP
gjear-925	91	9	a	a	DET
gjear-925	91	10	targeted	target	VERB
gjear-925	91	11	debt	debt	NOUN
gjear-925	91	12	level	level	NOUN
gjear-925	91	13	3	3	NUM
gjear-925	91	14	.	.	PUNCT
gjear-925	91	15	researchmethods	researchmethod	NOUN
gjear-925	91	16	3.1	3.1	NUM
gjear-925	91	17	.	.	PUNCT
gjear-925	92	1	research	research	NOUN
gjear-925	92	2	design	design	NOUN
gjear-925	92	3	financing	financing	NOUN
gjear-925	92	4	companies	company	NOUN
gjear-925	92	5	are	be	AUX
gjear-925	92	6	are	be	AUX
gjear-925	92	7	listed	list	VERB
gjear-925	92	8	on	on	ADP
gjear-925	92	9	the	the	DET
gjear-925	92	10	indonesia	indonesia	PROPN
gjear-925	92	11	stock	stock	PROPN
gjear-925	92	12	exchange	exchange	PROPN
gjear-925	92	13	(	(	PUNCT
gjear-925	92	14	idx	idx	PROPN
gjear-925	92	15	)	)	PUNCT
gjear-925	92	16	2015	2015	NUM
gjear-925	92	17	-	-	SYM
gjear-925	92	18	2020	2020	NUM
gjear-925	92	19	through	through	ADP
gjear-925	92	20	the	the	DET
gjear-925	92	21	website	website	NOUN
gjear-925	92	22	(	(	PUNCT
gjear-925	92	23	financial	financial	ADJ
gjear-925	92	24	and	and	CCONJ
gjear-925	92	25	annual	annual	ADJ
gjear-925	92	26	report	report	NOUN
gjear-925	92	27	,	,	PUNCT
gjear-925	92	28	2020	2020	NUM
gjear-925	92	29	)	)	PUNCT
gjear-925	92	30	which	which	PRON
gjear-925	92	31	is	be	AUX
gjear-925	92	32	the	the	DET
gjear-925	92	33	official	official	ADJ
gjear-925	92	34	website	website	NOUN
gjear-925	92	35	of	of	ADP
gjear-925	92	36	the	the	DET
gjear-925	92	37	indonesia	indonesia	PROPN
gjear-925	92	38	stock	stock	PROPN
gjear-925	92	39	exchange	exchange	PROPN
gjear-925	92	40	(	(	PUNCT
gjear-925	92	41	idx	idx	PROPN
gjear-925	92	42	)	)	PUNCT
gjear-925	92	43	and	and	CCONJ
gjear-925	92	44	the	the	DET
gjear-925	92	45	website	website	NOUN
gjear-925	92	46	of	of	ADP
gjear-925	92	47	the	the	DET
gjear-925	92	48	financing	financing	NOUN
gjear-925	92	49	company	company	NOUN
gjear-925	92	50	.	.	PUNCT
gjear-925	93	1	to	to	PART
gjear-925	93	2	obtain	obtain	VERB
gjear-925	93	3	data	datum	NOUN
gjear-925	93	4	and	and	CCONJ
gjear-925	93	5	answer	answer	VERB
gjear-925	93	6	the	the	DET
gjear-925	93	7	problem	problem	NOUN
gjear-925	93	8	to	to	PART
gjear-925	93	9	be	be	AUX
gjear-925	93	10	studied	study	VERB
gjear-925	93	11	,	,	PUNCT
gjear-925	93	12	the	the	DET
gjear-925	93	13	authors	author	NOUN
gjear-925	93	14	use	use	VERB
gjear-925	93	15	secondary	secondary	ADJ
gjear-925	93	16	data	datum	NOUN
gjear-925	93	17	.	.	PUNCT
gjear-925	94	1	secondary	secondary	ADJ
gjear-925	94	2	data	datum	NOUN
gjear-925	94	3	is	be	AUX
gjear-925	94	4	a	a	DET
gjear-925	94	5	data	data	NOUN
gjear-925	94	6	source	source	NOUN
gjear-925	94	7	that	that	PRON
gjear-925	94	8	does	do	AUX
gjear-925	94	9	not	not	PART
gjear-925	94	10	directly	directly	ADV
gjear-925	94	11	provide	provide	VERB
gjear-925	94	12	data	datum	NOUN
gjear-925	94	13	to	to	ADP
gjear-925	94	14	data	datum	NOUN
gjear-925	94	15	collectors	collector	NOUN
gjear-925	94	16	,	,	PUNCT
gjear-925	94	17	for	for	ADP
gjear-925	94	18	example	example	NOUN
gjear-925	94	19	through	through	ADP
gjear-925	94	20	other	other	ADJ
gjear-925	94	21	people	people	NOUN
gjear-925	94	22	or	or	CCONJ
gjear-925	94	23	through	through	ADP
gjear-925	94	24	documents	document	NOUN
gjear-925	94	25	sugiyono	sugiyono	PROPN
gjear-925	94	26	,	,	PUNCT
gjear-925	94	27	(	(	PUNCT
gjear-925	94	28	2016	2016	NUM
gjear-925	94	29	)	)	PUNCT
gjear-925	94	30	.	.	PUNCT
gjear-925	95	1	the	the	DET
gjear-925	95	2	data	datum	NOUN
gjear-925	95	3	used	use	VERB
gjear-925	95	4	in	in	ADP
gjear-925	95	5	this	this	DET
gjear-925	95	6	study	study	NOUN
gjear-925	95	7	is	be	AUX
gjear-925	95	8	company	company	NOUN
gjear-925	95	9	data	datum	NOUN
gjear-925	95	10	on	on	ADP
gjear-925	95	11	the	the	DET
gjear-925	95	12	indonesia	indonesia	PROPN
gjear-925	95	13	stock	stock	PROPN
gjear-925	95	14	exchange	exchange	NOUN
gjear-925	95	15	which	which	PRON
gjear-925	95	16	has	have	AUX
gjear-925	95	17	been	be	AUX
gjear-925	95	18	published	publish	VERB
gjear-925	95	19	in	in	ADP
gjear-925	95	20	2015	2015	NUM
gjear-925	95	21	-	-	SYM
gjear-925	95	22	2020	2020	NUM
gjear-925	95	23	.	.	PUNCT
gjear-925	96	1	the	the	DET
gjear-925	96	2	population	population	NOUN
gjear-925	96	3	is	be	AUX
gjear-925	96	4	a	a	DET
gjear-925	96	5	generalization	generalization	NOUN
gjear-925	96	6	area	area	NOUN
gjear-925	96	7	consisting	consist	VERB
gjear-925	96	8	of	of	ADP
gjear-925	96	9	:	:	PUNCT
gjear-925	96	10	objects	object	NOUN
gjear-925	96	11	/	/	SYM
gjear-925	96	12	subjects	subject	NOUN
gjear-925	96	13	that	that	PRON
gjear-925	96	14	have	have	VERB
gjear-925	96	15	certain	certain	ADJ
gjear-925	96	16	qualities	quality	NOUN
gjear-925	96	17	and	and	CCONJ
gjear-925	96	18	characteristics	characteristic	NOUN
gjear-925	96	19	determined	determine	VERB
gjear-925	96	20	by	by	ADP
gjear-925	96	21	the	the	DET
gjear-925	96	22	researcher	researcher	NOUN
gjear-925	96	23	to	to	PART
gjear-925	96	24	be	be	AUX
gjear-925	96	25	studied	study	VERB
gjear-925	96	26	and	and	CCONJ
gjear-925	96	27	then	then	ADV
gjear-925	96	28	draw	draw	VERB
gjear-925	96	29	conclusions	conclusion	NOUN
gjear-925	96	30	sugiyono	sugiyono	X
gjear-925	96	31	,	,	PUNCT
gjear-925	96	32	(	(	PUNCT
gjear-925	96	33	2017	2017	NUM
gjear-925	96	34	)	)	PUNCT
gjear-925	96	35	the	the	DET
gjear-925	96	36	global	global	PROPN
gjear-925	96	37	research	research	PROPN
gjear-925	96	38	journal	journal	PROPN
gjear-925	96	39	of	of	ADP
gjear-925	96	40	management	management	NOUN
gjear-925	96	41	and	and	CCONJ
gjear-925	96	42	social	social	ADJ
gjear-925	96	43	sciences	science	NOUN
gjear-925	96	44	(	(	PUNCT
gjear-925	96	45	grjmss	grjmss	PROPN
gjear-925	96	46	)	)	PUNCT
gjear-925	96	47	vol	vol	NOUN
gjear-925	96	48	.	.	PROPN
gjear-925	96	49	13	13	NUM
gjear-925	97	1	(	(	PUNCT
gjear-925	97	2	1	1	NUM
gjear-925	97	3	)	)	PUNCT
gjear-925	97	4	pg	pg	NOUN
gjear-925	97	5	.	.	PROPN
gjear-925	97	6	15	15	NUM
gjear-925	97	7	population	population	NOUN
gjear-925	97	8	used	use	VERB
gjear-925	97	9	in	in	ADP
gjear-925	97	10	this	this	DET
gjear-925	97	11	research	research	NOUN
gjear-925	97	12	is	be	AUX
gjear-925	97	13	a	a	DET
gjear-925	97	14	financing	financing	NOUN
gjear-925	97	15	institution	institution	NOUN
gjear-925	97	16	sub	sub	ADJ
gjear-925	97	17	-	-	ADJ
gjear-925	97	18	sector	sector	ADJ
gjear-925	97	19	company	company	NOUN
gjear-925	97	20	listed	list	VERB
gjear-925	97	21	on	on	ADP
gjear-925	97	22	the	the	DET
gjear-925	97	23	indonesia	indonesia	PROPN
gjear-925	97	24	stock	stock	PROPN
gjear-925	97	25	exchange	exchange	PROPN
gjear-925	97	26	sugiyono	sugiyono	PROPN
gjear-925	97	27	,	,	PUNCT
gjear-925	97	28	(	(	PUNCT
gjear-925	97	29	2017	2017	NUM
gjear-925	97	30	)	)	PUNCT
gjear-925	97	31	.	.	PUNCT
gjear-925	98	1	bei	bei	NOUN
gjear-925	98	2	)	)	PUNCT
gjear-925	98	3	in	in	ADP
gjear-925	98	4	2015	2015	NUM
gjear-925	98	5	-	-	SYM
gjear-925	98	6	2020	2020	NUM
gjear-925	98	7	as	as	ADV
gjear-925	98	8	many	many	ADJ
gjear-925	98	9	as	as	ADP
gjear-925	98	10	16	16	NUM
gjear-925	98	11	companies	company	NOUN
gjear-925	98	12	.	.	PUNCT
gjear-925	99	1	the	the	DET
gjear-925	99	2	sample	sample	NOUN
gjear-925	99	3	is	be	AUX
gjear-925	99	4	part	part	NOUN
gjear-925	99	5	of	of	ADP
gjear-925	99	6	the	the	DET
gjear-925	99	7	number	number	NOUN
gjear-925	99	8	and	and	CCONJ
gjear-925	99	9	characteristics	characteristic	NOUN
gjear-925	99	10	possessed	possess	VERB
gjear-925	99	11	by	by	ADP
gjear-925	99	12	the	the	DET
gjear-925	99	13	population	population	NOUN
gjear-925	99	14	.	.	PUNCT
gjear-925	100	1	if	if	SCONJ
gjear-925	100	2	the	the	DET
gjear-925	100	3	population	population	NOUN
gjear-925	100	4	is	be	AUX
gjear-925	100	5	large	large	ADJ
gjear-925	100	6	,	,	PUNCT
gjear-925	100	7	then	then	ADV
gjear-925	100	8	researchers	researcher	NOUN
gjear-925	100	9	can	can	AUX
gjear-925	100	10	use	use	VERB
gjear-925	100	11	samples	sample	NOUN
gjear-925	100	12	taken	take	VERB
gjear-925	100	13	from	from	ADP
gjear-925	100	14	that	that	DET
gjear-925	100	15	population	population	NOUN
gjear-925	100	16	,	,	PUNCT
gjear-925	100	17	for	for	ADP
gjear-925	100	18	that	that	DET
gjear-925	100	19	samples	sample	NOUN
gjear-925	100	20	taken	take	VERB
gjear-925	100	21	from	from	ADP
gjear-925	100	22	the	the	DET
gjear-925	100	23	population	population	NOUN
gjear-925	100	24	must	must	AUX
gjear-925	100	25	be	be	AUX
gjear-925	100	26	truly	truly	ADV
gjear-925	100	27	representative	representative	ADJ
gjear-925	100	28	sugiyono	sugiyono	NOUN
gjear-925	100	29	,	,	PUNCT
gjear-925	100	30	(	(	PUNCT
gjear-925	100	31	2017	2017	NUM
gjear-925	100	32	)	)	PUNCT
gjear-925	100	33	.	.	PUNCT
gjear-925	101	1	the	the	DET
gjear-925	101	2	sample	sample	NOUN
gjear-925	101	3	in	in	ADP
gjear-925	101	4	this	this	DET
gjear-925	101	5	study	study	NOUN
gjear-925	101	6	is	be	AUX
gjear-925	101	7	part	part	NOUN
gjear-925	101	8	of	of	ADP
gjear-925	101	9	the	the	DET
gjear-925	101	10	total	total	ADJ
gjear-925	101	11	population	population	NOUN
gjear-925	101	12	of	of	ADP
gjear-925	101	13	financing	financing	NOUN
gjear-925	101	14	institutions	institution	NOUN
gjear-925	101	15	subsector	subsector	NOUN
gjear-925	101	16	companies	company	NOUN
gjear-925	101	17	listed	list	VERB
gjear-925	101	18	on	on	ADP
gjear-925	101	19	the	the	DET
gjear-925	101	20	indonesia	indonesia	PROPN
gjear-925	101	21	stock	stock	PROPN
gjear-925	101	22	exchange	exchange	PROPN
gjear-925	101	23	(	(	PUNCT
gjear-925	101	24	idx	idx	PROPN
gjear-925	101	25	)	)	PUNCT
gjear-925	101	26	in	in	ADP
gjear-925	101	27	2015	2015	NUM
gjear-925	101	28	-	-	SYM
gjear-925	101	29	2020	2020	NUM
gjear-925	101	30	as	as	ADV
gjear-925	101	31	many	many	ADJ
gjear-925	101	32	as	as	ADP
gjear-925	101	33	13	13	NUM
gjear-925	101	34	companies	company	NOUN
gjear-925	101	35	.	.	PUNCT
gjear-925	102	1	3.2	3.2	NUM
gjear-925	102	2	.	.	PUNCT
gjear-925	103	1	variable	variable	ADJ
gjear-925	103	2	operational	operational	ADJ
gjear-925	103	3	definition	definition	NOUN
gjear-925	103	4	according	accord	VERB
gjear-925	103	5	to	to	ADP
gjear-925	103	6	siregar,(2017	siregar,(2017	NOUN
gjear-925	103	7	)	)	PUNCT
gjear-925	103	8	the	the	DET
gjear-925	103	9	definition	definition	NOUN
gjear-925	103	10	of	of	ADP
gjear-925	103	11	a	a	DET
gjear-925	103	12	variable	variable	NOUN
gjear-925	103	13	is	be	AUX
gjear-925	103	14	a	a	DET
gjear-925	103	15	construct	construct	NOUN
gjear-925	103	16	whose	whose	DET
gjear-925	103	17	properties	property	NOUN
gjear-925	103	18	have	have	AUX
gjear-925	103	19	been	be	AUX
gjear-925	103	20	numbered	number	VERB
gjear-925	103	21	(	(	PUNCT
gjear-925	103	22	quantitative	quantitative	ADJ
gjear-925	103	23	)	)	PUNCT
gjear-925	103	24	or	or	CCONJ
gjear-925	103	25	it	it	PRON
gjear-925	103	26	can	can	AUX
gjear-925	103	27	also	also	ADV
gjear-925	103	28	be	be	AUX
gjear-925	103	29	interpreted	interpret	VERB
gjear-925	103	30	that	that	SCONJ
gjear-925	103	31	a	a	DET
gjear-925	103	32	variable	variable	NOUN
gjear-925	103	33	is	be	AUX
gjear-925	103	34	a	a	DET
gjear-925	103	35	concept	concept	NOUN
gjear-925	103	36	that	that	PRON
gjear-925	103	37	has	have	VERB
gjear-925	103	38	various	various	ADJ
gjear-925	103	39	values	value	NOUN
gjear-925	103	40	,	,	PUNCT
gjear-925	103	41	both	both	CCONJ
gjear-925	103	42	quantitative	quantitative	ADJ
gjear-925	103	43	and	and	CCONJ
gjear-925	103	44	qualitative	qualitative	NOUN
gjear-925	103	45	,	,	PUNCT
gjear-925	103	46	which	which	PRON
gjear-925	103	47	can	can	AUX
gjear-925	103	48	change	change	VERB
gjear-925	103	49	in	in	ADP
gjear-925	103	50	value	value	NOUN
gjear-925	103	51	.	.	PUNCT
gjear-925	104	1	the	the	DET
gjear-925	104	2	variables	variable	NOUN
gjear-925	104	3	used	use	VERB
gjear-925	104	4	in	in	ADP
gjear-925	104	5	this	this	DET
gjear-925	104	6	study	study	NOUN
gjear-925	104	7	are	be	AUX
gjear-925	104	8	:	:	PUNCT
gjear-925	104	9	1	1	X
gjear-925	104	10	.	.	X
gjear-925	104	11	dependent	dependent	ADJ
gjear-925	104	12	variable	variable	NOUN
gjear-925	104	13	(	(	PUNCT
gjear-925	104	14	y	y	NOUN
gjear-925	104	15	)	)	PUNCT
gjear-925	104	16	the	the	DET
gjear-925	104	17	dependent	dependent	ADJ
gjear-925	104	18	variable	variable	NOUN
gjear-925	104	19	is	be	AUX
gjear-925	104	20	often	often	ADV
gjear-925	104	21	referred	refer	VERB
gjear-925	104	22	to	to	ADP
gjear-925	104	23	as	as	ADP
gjear-925	104	24	the	the	DET
gjear-925	104	25	output	output	NOUN
gjear-925	104	26	variable	variable	NOUN
gjear-925	104	27	,	,	PUNCT
gjear-925	104	28	criteria	criterion	NOUN
gjear-925	104	29	,	,	PUNCT
gjear-925	104	30	and	and	CCONJ
gjear-925	104	31	consequent	consequent	NOUN
gjear-925	104	32	.	.	PUNCT
gjear-925	105	1	in	in	ADP
gjear-925	105	2	indonesian	indonesian	PROPN
gjear-925	105	3	,	,	PUNCT
gjear-925	105	4	it	it	PRON
gjear-925	105	5	is	be	AUX
gjear-925	105	6	often	often	ADV
gjear-925	105	7	referred	refer	VERB
gjear-925	105	8	to	to	ADP
gjear-925	105	9	as	as	ADP
gjear-925	105	10	the	the	DET
gjear-925	105	11	dependent	dependent	ADJ
gjear-925	105	12	variable	variable	NOUN
gjear-925	105	13	.	.	PUNCT
gjear-925	106	1	the	the	DET
gjear-925	106	2	dependent	dependent	ADJ
gjear-925	106	3	variable	variable	NOUN
gjear-925	106	4	is	be	AUX
gjear-925	106	5	a	a	DET
gjear-925	106	6	variable	variable	NOUN
gjear-925	106	7	that	that	PRON
gjear-925	106	8	is	be	AUX
gjear-925	106	9	influenced	influence	VERB
gjear-925	106	10	or	or	CCONJ
gjear-925	106	11	becomes	become	VERB
gjear-925	106	12	a	a	DET
gjear-925	106	13	result	result	NOUN
gjear-925	106	14	because	because	SCONJ
gjear-925	106	15	of	of	ADP
gjear-925	106	16	the	the	DET
gjear-925	106	17	independent	independent	ADJ
gjear-925	106	18	variable	variable	ADJ
gjear-925	106	19	sugiyono	sugiyono	NOUN
gjear-925	106	20	,	,	PUNCT
gjear-925	106	21	(	(	PUNCT
gjear-925	106	22	2017	2017	NUM
gjear-925	106	23	)	)	PUNCT
gjear-925	106	24	.	.	PUNCT
gjear-925	107	1	the	the	DET
gjear-925	107	2	dependent	dependent	ADJ
gjear-925	107	3	variable	variable	NOUN
gjear-925	107	4	in	in	ADP
gjear-925	107	5	this	this	DET
gjear-925	107	6	study	study	NOUN
gjear-925	107	7	is	be	AUX
gjear-925	107	8	profitability	profitability	NOUN
gjear-925	107	9	.	.	PUNCT
gjear-925	108	1	profitability	profitability	NOUN
gjear-925	108	2	is	be	AUX
gjear-925	108	3	a	a	DET
gjear-925	108	4	ratio	ratio	NOUN
gjear-925	108	5	to	to	PART
gjear-925	108	6	assess	assess	VERB
gjear-925	108	7	the	the	DET
gjear-925	108	8	company	company	NOUN
gjear-925	108	9	's	's	PART
gjear-925	108	10	ability	ability	NOUN
gjear-925	108	11	to	to	PART
gjear-925	108	12	seek	seek	VERB
gjear-925	108	13	profit	profit	NOUN
gjear-925	108	14	.	.	PUNCT
gjear-925	109	1	the	the	DET
gjear-925	109	2	level	level	NOUN
gjear-925	109	3	of	of	ADP
gjear-925	109	4	company	company	NOUN
gjear-925	109	5	profitability	profitability	NOUN
gjear-925	109	6	is	be	AUX
gjear-925	109	7	expressed	express	VERB
gjear-925	109	8	in	in	ADP
gjear-925	109	9	return	return	NOUN
gjear-925	109	10	on	on	ADP
gjear-925	109	11	investment	investment	NOUN
gjear-925	109	12	(	(	PUNCT
gjear-925	109	13	roi	roi	NOUN
gjear-925	109	14	)	)	PUNCT
gjear-925	109	15	.	.	PUNCT
gjear-925	110	1	2	2	X
gjear-925	110	2	.	.	X
gjear-925	110	3	independent	independent	ADJ
gjear-925	110	4	variable	variable	NOUN
gjear-925	110	5	(	(	PUNCT
gjear-925	110	6	x	x	X
gjear-925	110	7	)	)	PUNCT
gjear-925	110	8	independent	independent	ADJ
gjear-925	110	9	variables	variable	NOUN
gjear-925	110	10	are	be	AUX
gjear-925	110	11	often	often	ADV
gjear-925	110	12	referred	refer	VERB
gjear-925	110	13	to	to	ADP
gjear-925	110	14	as	as	ADP
gjear-925	110	15	stimulus	stimulus	NOUN
gjear-925	110	16	,	,	PUNCT
gjear-925	110	17	predictor	predictor	NOUN
gjear-925	110	18	,	,	PUNCT
gjear-925	110	19	and	and	CCONJ
gjear-925	110	20	antecedent	antecedent	NOUN
gjear-925	110	21	variables	variable	NOUN
gjear-925	110	22	.	.	PUNCT
gjear-925	111	1	in	in	ADP
gjear-925	111	2	indonesian	indonesian	ADJ
gjear-925	111	3	it	it	PRON
gjear-925	111	4	is	be	AUX
gjear-925	111	5	often	often	ADV
gjear-925	111	6	referred	refer	VERB
gjear-925	111	7	to	to	ADP
gjear-925	111	8	as	as	ADP
gjear-925	111	9	the	the	DET
gjear-925	111	10	independent	independent	ADJ
gjear-925	111	11	variable	variable	NOUN
gjear-925	111	12	.	.	PUNCT
gjear-925	112	1	the	the	DET
gjear-925	112	2	independent	independent	ADJ
gjear-925	112	3	variable	variable	NOUN
gjear-925	112	4	is	be	AUX
gjear-925	112	5	the	the	DET
gjear-925	112	6	variable	variable	NOUN
gjear-925	112	7	that	that	PRON
gjear-925	112	8	affects	affect	VERB
gjear-925	112	9	or	or	CCONJ
gjear-925	112	10	is	be	AUX
gjear-925	112	11	the	the	DET
gjear-925	112	12	cause	cause	NOUN
gjear-925	112	13	of	of	ADP
gjear-925	112	14	the	the	DET
gjear-925	112	15	change	change	NOUN
gjear-925	112	16	or	or	CCONJ
gjear-925	112	17	the	the	DET
gjear-925	112	18	emergence	emergence	NOUN
gjear-925	112	19	of	of	ADP
gjear-925	112	20	the	the	DET
gjear-925	112	21	dependent	dependent	ADJ
gjear-925	112	22	(	(	PUNCT
gjear-925	112	23	bound	bound	ADJ
gjear-925	112	24	)	)	PUNCT
gjear-925	112	25	variable	variable	ADJ
gjear-925	112	26	sugiyono	sugiyono	NOUN
gjear-925	112	27	,	,	PUNCT
gjear-925	112	28	(	(	PUNCT
gjear-925	112	29	2017	2017	NUM
gjear-925	112	30	)	)	PUNCT
gjear-925	112	31	.	.	PUNCT
gjear-925	113	1	the	the	DET
gjear-925	113	2	independent	independent	ADJ
gjear-925	113	3	variables	variable	NOUN
gjear-925	113	4	in	in	ADP
gjear-925	113	5	this	this	DET
gjear-925	113	6	study	study	NOUN
gjear-925	113	7	are	be	AUX
gjear-925	113	8	:	:	PUNCT
gjear-925	113	9	a.	a.	PROPN
gjear-925	113	10	short	short	ADJ
gjear-925	113	11	term	term	NOUN
gjear-925	113	12	debt	debt	NOUN
gjear-925	113	13	according	accord	VERB
gjear-925	113	14	to	to	ADP
gjear-925	113	15	harahap	harahap	PROPN
gjear-925	113	16	saputra	saputra	PROPN
gjear-925	113	17	,	,	PUNCT
gjear-925	113	18	(	(	PUNCT
gjear-925	113	19	2012	2012	NUM
gjear-925	113	20	)	)	PUNCT
gjear-925	113	21	short	short	ADJ
gjear-925	113	22	-	-	PUNCT
gjear-925	113	23	term	term	NOUN
gjear-925	113	24	debt	debt	NOUN
gjear-925	113	25	as	as	ADP
gjear-925	113	26	a	a	DET
gjear-925	113	27	variable	variable	ADJ
gjear-925	113	28	cl	cl	NOUN
gjear-925	113	29	(	(	PUNCT
gjear-925	113	30	current	current	ADJ
gjear-925	113	31	liabilities	liability	NOUN
gjear-925	113	32	)	)	PUNCT
gjear-925	113	33	,	,	PUNCT
gjear-925	113	34	where	where	SCONJ
gjear-925	113	35	in	in	ADP
gjear-925	113	36	this	this	DET
gjear-925	113	37	variable	variable	ADJ
gjear-925	113	38	current	current	ADJ
gjear-925	113	39	assets	asset	NOUN
gjear-925	113	40	can	can	AUX
gjear-925	113	41	pay	pay	VERB
gjear-925	113	42	current	current	ADJ
gjear-925	113	43	liabilities	liability	NOUN
gjear-925	113	44	.	.	PUNCT
gjear-925	114	1	b.	b.	PROPN
gjear-925	114	2	long	long	ADJ
gjear-925	114	3	-	-	PUNCT
gjear-925	114	4	term	term	NOUN
gjear-925	114	5	debt	debt	NOUN
gjear-925	114	6	according	accord	VERB
gjear-925	114	7	to	to	ADP
gjear-925	114	8	kaunang	kaunang	PROPN
gjear-925	114	9	,	,	PUNCT
gjear-925	114	10	(	(	PUNCT
gjear-925	114	11	2013	2013	NUM
gjear-925	114	12	)	)	PUNCT
gjear-925	114	13	the	the	DET
gjear-925	114	14	calculation	calculation	NOUN
gjear-925	114	15	of	of	ADP
gjear-925	114	16	the	the	DET
gjear-925	114	17	long	long	ADJ
gjear-925	114	18	term	term	NOUN
gjear-925	114	19	debt	debt	NOUN
gjear-925	114	20	to	to	ADP
gjear-925	114	21	equity	equity	NOUN
gjear-925	114	22	ratio	ratio	NOUN
gjear-925	114	23	is	be	AUX
gjear-925	114	24	the	the	DET
gjear-925	114	25	same	same	ADJ
gjear-925	114	26	as	as	ADP
gjear-925	114	27	the	the	DET
gjear-925	114	28	calculation	calculation	NOUN
gjear-925	114	29	of	of	ADP
gjear-925	114	30	the	the	DET
gjear-925	114	31	debt	debt	NOUN
gjear-925	114	32	to	to	ADP
gjear-925	114	33	equity	equity	NOUN
gjear-925	114	34	ratio	ratio	NOUN
gjear-925	114	35	,	,	PUNCT
gjear-925	114	36	where	where	SCONJ
gjear-925	114	37	the	the	DET
gjear-925	114	38	long	long	ADJ
gjear-925	114	39	term	term	NOUN
gjear-925	114	40	debt	debt	NOUN
gjear-925	114	41	to	to	ADP
gjear-925	114	42	equity	equity	NOUN
gjear-925	114	43	ratio	ratio	NOUN
gjear-925	114	44	measures	measure	NOUN
gjear-925	114	45	how	how	SCONJ
gjear-925	114	46	much	much	ADJ
gjear-925	114	47	equity	equity	NOUN
gjear-925	114	48	or	or	CCONJ
gjear-925	114	49	own	own	ADJ
gjear-925	114	50	capital	capital	NOUN
gjear-925	114	51	is	be	AUX
gjear-925	114	52	used	use	VERB
gjear-925	114	53	as	as	ADP
gjear-925	114	54	collateral	collateral	NOUN
gjear-925	114	55	for	for	ADP
gjear-925	114	56	long	long	ADJ
gjear-925	114	57	-	-	PUNCT
gjear-925	114	58	term	term	NOUN
gjear-925	114	59	debt	debt	NOUN
gjear-925	114	60	.	.	PUNCT
gjear-925	115	1	c.	c.	PROPN
gjear-925	115	2	owner	owner	PROPN
gjear-925	115	3	's	's	PART
gjear-925	115	4	equity	equity	NOUN
gjear-925	115	5	according	accord	VERB
gjear-925	115	6	to	to	ADP
gjear-925	115	7	harahap	harahap	PROPN
gjear-925	115	8	in	in	ADP
gjear-925	115	9	saputra	saputra	PROPN
gjear-925	115	10	,	,	PUNCT
gjear-925	115	11	(	(	PUNCT
gjear-925	115	12	2012	2012	NUM
gjear-925	115	13	)	)	PUNCT
gjear-925	115	14	own	own	ADJ
gjear-925	115	15	capital	capital	NOUN
gjear-925	115	16	as	as	ADP
gjear-925	115	17	a	a	DET
gjear-925	115	18	variable	variable	NOUN
gjear-925	115	19	se	se	X
gjear-925	115	20	(	(	PUNCT
gjear-925	115	21	shareholder	shareholder	NOUN
gjear-925	115	22	's	's	PART
gjear-925	115	23	equity	equity	NOUN
gjear-925	115	24	)	)	PUNCT
gjear-925	115	25	,	,	PUNCT
gjear-925	115	26	to	to	PART
gjear-925	115	27	analyze	analyze	VERB
gjear-925	115	28	the	the	DET
gjear-925	115	29	effect	effect	NOUN
gjear-925	115	30	of	of	ADP
gjear-925	115	31	own	own	ADJ
gjear-925	115	32	capital	capital	NOUN
gjear-925	115	33	with	with	ADP
gjear-925	115	34	profitability	profitability	NOUN
gjear-925	115	35	,	,	PUNCT
gjear-925	115	36	the	the	DET
gjear-925	115	37	ratio	ratio	NOUN
gjear-925	115	38	that	that	PRON
gjear-925	115	39	will	will	AUX
gjear-925	115	40	represent	represent	VERB
gjear-925	115	41	own	own	ADJ
gjear-925	115	42	capital	capital	NOUN
gjear-925	115	43	.	.	PUNCT
gjear-925	116	1	(	(	PUNCT
gjear-925	116	2	depreciationexpense+oci)/total	depreciationexpense+oci)/total	ADJ
gjear-925	116	3	4	4	NUM
gjear-925	116	4	.	.	PUNCT
gjear-925	116	5	resultsanddiscussion	resultsanddiscussion	NOUN
gjear-925	116	6	4.1	4.1	NUM
gjear-925	116	7	.	.	PUNCT
gjear-925	117	1	researchresult	researchresult	VERB
gjear-925	117	2	4.1.1	4.1.1	NUM
gjear-925	117	3	.	.	PUNCT
gjear-925	118	1	descriptivestatistics	descriptivestatistics	PROPN
gjear-925	118	2	table1.descriptivestatisticaltest	table1.descriptivestatisticaltest	PROPN
gjear-925	118	3	cr	cr	ADP
gjear-925	118	4	ltdter	ltdter	PROPN
gjear-925	118	5	pr	pr	PROPN
gjear-925	118	6	roi	roi	PROPN
gjear-925	118	7	mean	mean	VERB
gjear-925	118	8	10.83473	10.83473	NUM
gjear-925	118	9	2.030462	2.030462	NUM
gjear-925	118	10	0.349911	0.349911	NUM
gjear-925	118	11	0.009566	0.009566	NUM
gjear-925	118	12	median	median	NOUN
gjear-925	118	13	6.734996	6.734996	NUM
gjear-925	119	1	1.632596	1.632596	NUM
gjear-925	119	2	0.268174	0.268174	NUM
gjear-925	119	3	0.021459	0.021459	NUM
gjear-925	119	4	global	global	ADJ
gjear-925	119	5	research	research	NOUN
gjear-925	119	6	journal	journal	NOUN
gjear-925	119	7	of	of	ADP
gjear-925	119	8	management	management	NOUN
gjear-925	119	9	and	and	CCONJ
gjear-925	119	10	social	social	ADJ
gjear-925	119	11	sciences	science	NOUN
gjear-925	119	12	(	(	PUNCT
gjear-925	119	13	grjmss	grjmss	PROPN
gjear-925	119	14	)	)	PUNCT
gjear-925	119	15	vol	vol	NOUN
gjear-925	119	16	.	.	PROPN
gjear-925	119	17	13	13	NUM
gjear-925	119	18	(	(	PUNCT
gjear-925	119	19	1	1	NUM
gjear-925	119	20	)	)	PUNCT
gjear-925	119	21	pg	pg	NOUN
gjear-925	119	22	.	.	PUNCT
gjear-925	120	1	16	16	NUM
gjear-925	120	2	maximum	maximum	ADJ
gjear-925	120	3	47.94564	47.94564	NUM
gjear-925	120	4	11.71173	11.71173	NUM
gjear-925	120	5	1.000000	1.000000	NUM
gjear-925	120	6	0.139314	0.139314	NUM
gjear-925	120	7	minimum	minimum	ADJ
gjear-925	120	8	0.680385	0.680385	NUM
gjear-925	120	9	-3.285551	-3.285551	NOUN
gjear-925	120	10	-0.367760	-0.367760	PROPN
gjear-925	120	11	-0.682442	-0.682442	PUNCT
gjear-925	121	1	std	std	PROPN
gjear-925	121	2	.	.	PUNCT
gjear-925	122	1	dev	dev	PROPN
gjear-925	122	2	.	.	PROPN
gjear-925	123	1	11.06105	11.06105	NUM
gjear-925	124	1	2.217365	2.217365	NUM
gjear-925	124	2	0.249166	0.249166	NUM
gjear-925	124	3	0.096353	0.096353	NUM
gjear-925	124	4	s	s	PART
gjear-925	124	5	skewness	skewness	NOUN
gjear-925	124	6	1.387783	1.387783	NUM
gjear-925	124	7	1.537089	1.537089	NUM
gjear-925	124	8	0.741256	0.741256	NUM
gjear-925	124	9	-4.964839	-4.964839	NOUN
gjear-925	124	10	kurtosis	kurtosis	VERB
gjear-925	124	11	4.402719	4.402719	NUM
gjear-925	124	12	7.101546	7.101546	NUM
gjear-925	124	13	3.683532	3.683532	NUM
gjear-925	124	14	35.50420	35.50420	NUM
gjear-925	124	15	jarque	jarque	NOUN
gjear-925	124	16	-	-	PUNCT
gjear-925	124	17	bera	bera	NOUN
gjear-925	124	18	31.43202	31.43202	NUM
gjear-925	124	19	85.38806	85.38806	NUM
gjear-925	124	20	8.661446	8.661446	NUM
gjear-925	124	21	3754.145	3754.145	NUM
gjear-925	124	22	probability	probability	NOUN
gjear-925	124	23	0.000000	0.000000	NUM
gjear-925	124	24	0.000000	0.000000	NUM
gjear-925	124	25	0.013158	0.013158	NUM
gjear-925	124	26	0.000000	0.000000	NUM
gjear-925	124	27	sum	sum	VERB
gjear-925	124	28	845.1087	845.1087	NUM
gjear-925	124	29	158.3760	158.3760	NUM
gjear-925	124	30	27.29307	27.29307	NUM
gjear-925	124	31	0.746179	0.746179	NUM
gjear-925	124	32	sum	sum	NOUN
gjear-925	124	33	sq	sq	PROPN
gjear-925	124	34	.	.	PROPN
gjear-925	124	35	dev	dev	PROPN
gjear-925	124	36	.	.	PUNCT
gjear-925	125	1	9420.711	9420.711	NUM
gjear-925	125	2	378.5866	378.5866	NUM
gjear-925	125	3	4.780433	4.780433	NUM
gjear-925	125	4	0.714861	0.714861	NUM
gjear-925	125	5	observations	observation	NOUN
gjear-925	125	6	78	78	NUM
gjear-925	125	7	78	78	NUM
gjear-925	125	8	78	78	NUM
gjear-925	125	9	78	78	NUM
gjear-925	125	10	source	source	NOUN
gjear-925	125	11	:	:	PUNCT
gjear-925	125	12	statisticaltesttool	statisticaltesttool	NOUN
gjear-925	125	13	according	accord	VERB
gjear-925	125	14	to	to	ADP
gjear-925	125	15	the	the	DET
gjear-925	125	16	data	datum	NOUN
gjear-925	125	17	processing	processing	NOUN
gjear-925	125	18	results	result	NOUN
gjear-925	125	19	in	in	ADP
gjear-925	125	20	table	table	NOUN
gjear-925	125	21	1	1	NUM
gjear-925	125	22	above	above	ADV
gjear-925	125	23	,	,	PUNCT
gjear-925	125	24	the	the	DET
gjear-925	125	25	following	follow	VERB
gjear-925	125	26	observations	observation	NOUN
gjear-925	125	27	or	or	CCONJ
gjear-925	125	28	the	the	DET
gjear-925	125	29	amount	amount	NOUN
gjear-925	125	30	of	of	ADP
gjear-925	125	31	data	datum	NOUN
gjear-925	125	32	studied	study	VERB
gjear-925	125	33	and	and	CCONJ
gjear-925	125	34	processed	process	VERB
gjear-925	125	35	in	in	ADP
gjear-925	125	36	this	this	DET
gjear-925	125	37	study	study	NOUN
gjear-925	125	38	amounted	amount	VERB
gjear-925	125	39	to	to	ADP
gjear-925	125	40	78	78	NUM
gjear-925	125	41	samples	sample	NOUN
gjear-925	125	42	,	,	PUNCT
gjear-925	125	43	namely	namely	ADV
gjear-925	125	44	13	13	NUM
gjear-925	125	45	companies	company	NOUN
gjear-925	125	46	with	with	ADP
gjear-925	125	47	a	a	DET
gjear-925	125	48	research	research	NOUN
gjear-925	125	49	period	period	NOUN
gjear-925	125	50	of	of	ADP
gjear-925	125	51	6	6	NUM
gjear-925	125	52	years	year	NOUN
gjear-925	125	53	,	,	PUNCT
gjear-925	125	54	consisting	consist	VERB
gjear-925	125	55	of	of	ADP
gjear-925	125	56	variable	variable	ADJ
gjear-925	125	57	data	datum	NOUN
gjear-925	125	58	short	short	ADJ
gjear-925	125	59	-	-	PUNCT
gjear-925	125	60	term	term	NOUN
gjear-925	125	61	debt	debt	NOUN
gjear-925	125	62	,	,	PUNCT
gjear-925	125	63	long	long	ADJ
gjear-925	125	64	-	-	PUNCT
gjear-925	125	65	term	term	NOUN
gjear-925	125	66	debt	debt	NOUN
gjear-925	125	67	length	length	NOUN
gjear-925	125	68	,	,	PUNCT
gjear-925	125	69	own	own	ADJ
gjear-925	125	70	capital	capital	NOUN
gjear-925	125	71	,	,	PUNCT
gjear-925	125	72	and	and	CCONJ
gjear-925	125	73	profitability	profitability	NOUN
gjear-925	125	74	.	.	PUNCT
gjear-925	126	1	indomobil	indomobil	PROPN
gjear-925	126	2	multi	multi	PROPN
gjear-925	126	3	jasa	jasa	PROPN
gjear-925	126	4	tbk	tbk	PROPN
gjear-925	126	5	has	have	VERB
gjear-925	126	6	a	a	DET
gjear-925	126	7	minimum	minimum	ADJ
gjear-925	126	8	cr	cr	NOUN
gjear-925	126	9	value	value	NOUN
gjear-925	126	10	of	of	ADP
gjear-925	126	11	0.680385	0.680385	NUM
gjear-925	126	12	in	in	ADP
gjear-925	126	13	2018	2018	NUM
gjear-925	126	14	,	,	PUNCT
gjear-925	126	15	while	while	SCONJ
gjear-925	126	16	buana	buana	PROPN
gjear-925	126	17	finance	finance	PROPN
gjear-925	126	18	tbk	tbk	PROPN
gjear-925	126	19	has	have	VERB
gjear-925	126	20	a	a	DET
gjear-925	126	21	maximum	maximum	ADJ
gjear-925	126	22	value	value	NOUN
gjear-925	126	23	of	of	ADP
gjear-925	126	24	47.94564	47.94564	NUM
gjear-925	126	25	in	in	ADP
gjear-925	126	26	2018	2018	NUM
gjear-925	126	27	.	.	PUNCT
gjear-925	127	1	intan	intan	PROPN
gjear-925	127	2	baruprana	baruprana	PROPN
gjear-925	127	3	finance	finance	PROPN
gjear-925	127	4	tbk	tbk	PROPN
gjear-925	127	5	's	's	PART
gjear-925	127	6	minimum	minimum	ADJ
gjear-925	127	7	value	value	NOUN
gjear-925	127	8	of	of	ADP
gjear-925	127	9	ltdter	ltdter	NOUN
gjear-925	127	10	in	in	ADP
gjear-925	127	11	2020	2020	NUM
gjear-925	127	12	is	be	AUX
gjear-925	127	13	3.285551	3.285551	NUM
gjear-925	127	14	.	.	PUNCT
gjear-925	128	1	intan	intan	PROPN
gjear-925	128	2	baruprana	baruprana	PROPN
gjear-925	128	3	finance	finance	PROPN
gjear-925	128	4	tbk	tbk	PROPN
gjear-925	128	5	also	also	ADV
gjear-925	128	6	has	have	VERB
gjear-925	128	7	the	the	DET
gjear-925	128	8	highest	high	ADJ
gjear-925	128	9	valuation	valuation	NOUN
gjear-925	128	10	in	in	ADP
gjear-925	128	11	2017	2017	NUM
gjear-925	128	12	,	,	PUNCT
gjear-925	128	13	which	which	PRON
gjear-925	128	14	is	be	AUX
gjear-925	128	15	11,71173	11,71173	NUM
gjear-925	128	16	.	.	PUNCT
gjear-925	129	1	intan	intan	PROPN
gjear-925	129	2	baruprana	baruprana	PROPN
gjear-925	129	3	finance	finance	PROPN
gjear-925	129	4	tbk	tbk	PROPN
gjear-925	129	5	2020	2020	NUM
gjear-925	129	6	has	have	VERB
gjear-925	129	7	the	the	DET
gjear-925	129	8	lowest	low	ADJ
gjear-925	129	9	pr	pr	NOUN
gjear-925	129	10	value	value	NOUN
gjear-925	129	11	,	,	PUNCT
gjear-925	129	12	which	which	PRON
gjear-925	129	13	is	be	AUX
gjear-925	129	14	-0.367760	-0.367760	PROPN
gjear-925	129	15	.	.	PUNCT
gjear-925	130	1	radana	radana	ADJ
gjear-925	130	2	bhaskara	bhaskara	PROPN
gjear-925	130	3	finance	finance	NOUN
gjear-925	130	4	tbk	tbk	PROPN
gjear-925	130	5	has	have	VERB
gjear-925	130	6	a	a	DET
gjear-925	130	7	maximum	maximum	ADJ
gjear-925	130	8	value	value	NOUN
gjear-925	130	9	of	of	ADP
gjear-925	130	10	1,000000	1,000000	NUM
gjear-925	130	11	in	in	ADP
gjear-925	130	12	2016	2016	NUM
gjear-925	130	13	.	.	PUNCT
gjear-925	131	1	intan	intan	PROPN
gjear-925	131	2	baruprana	baruprana	PROPN
gjear-925	131	3	finance	finance	PROPN
gjear-925	131	4	tbk	tbk	PROPN
gjear-925	131	5	has	have	VERB
gjear-925	131	6	a	a	DET
gjear-925	131	7	minimal	minimal	ADJ
gjear-925	131	8	roi	roi	NOUN
gjear-925	131	9	value	value	NOUN
gjear-925	131	10	of	of	ADP
gjear-925	131	11	-0.682442	-0.682442	NOUN
gjear-925	131	12	in	in	ADP
gjear-925	131	13	2020	2020	NUM
gjear-925	131	14	.	.	PUNCT
gjear-925	132	1	batavia	batavia	PROPN
gjear-925	132	2	prosperindo	prosperindo	PROPN
gjear-925	132	3	finance	finance	PROPN
gjear-925	132	4	tbk	tbk	NOUN
gjear-925	132	5	has	have	VERB
gjear-925	132	6	the	the	DET
gjear-925	132	7	highest	high	ADJ
gjear-925	132	8	value	value	NOUN
gjear-925	132	9	in	in	ADP
gjear-925	132	10	2017	2017	NUM
gjear-925	132	11	,	,	PUNCT
gjear-925	132	12	which	which	PRON
gjear-925	132	13	is	be	AUX
gjear-925	132	14	0.139314	0.139314	NUM
gjear-925	132	15	.	.	PUNCT
gjear-925	133	1	4.1.2	4.1.2	NUM
gjear-925	133	2	.	.	NOUN
gjear-925	133	3	normalitytest	normalityt	ADJ
gjear-925	133	4	according	accord	VERB
gjear-925	133	5	to	to	ADP
gjear-925	133	6	the	the	DET
gjear-925	133	7	normality	normality	NOUN
gjear-925	133	8	test	test	NOUN
gjear-925	133	9	findings	finding	NOUN
gjear-925	133	10	,	,	PUNCT
gjear-925	133	11	the	the	DET
gjear-925	133	12	probability	probability	NOUN
gjear-925	133	13	value	value	NOUN
gjear-925	133	14	is	be	AUX
gjear-925	133	15	0.358188	0.358188	NUM
gjear-925	133	16	>	>	SYM
gjear-925	133	17	0.05	0.05	NUM
gjear-925	133	18	,	,	PUNCT
gjear-925	133	19	indicating	indicate	VERB
gjear-925	133	20	that	that	SCONJ
gjear-925	133	21	the	the	DET
gjear-925	133	22	data	datum	NOUN
gjear-925	133	23	was	be	AUX
gjear-925	133	24	regularly	regularly	ADV
gjear-925	133	25	distributed	distribute	VERB
gjear-925	133	26	and	and	CCONJ
gjear-925	133	27	free	free	ADJ
gjear-925	133	28	of	of	ADP
gjear-925	133	29	the	the	DET
gjear-925	133	30	normalcy	normalcy	NOUN
gjear-925	133	31	problem	problem	NOUN
gjear-925	133	32	.	.	PUNCT
gjear-925	134	1	the	the	DET
gjear-925	134	2	data	data	NOUN
gjear-925	134	3	sample	sample	NOUN
gjear-925	134	4	in	in	ADP
gjear-925	134	5	this	this	DET
gjear-925	134	6	study	study	NOUN
gjear-925	134	7	was	be	AUX
gjear-925	134	8	reduced	reduce	VERB
gjear-925	134	9	from	from	ADP
gjear-925	134	10	78	78	NUM
gjear-925	134	11	to	to	ADP
gjear-925	134	12	52	52	NUM
gjear-925	134	13	due	due	ADP
gjear-925	134	14	to	to	ADP
gjear-925	134	15	the	the	DET
gjear-925	134	16	deletion	deletion	NOUN
gjear-925	134	17	of	of	ADP
gjear-925	134	18	data	datum	NOUN
gjear-925	134	19	(	(	PUNCT
gjear-925	134	20	outliers	outlier	NOUN
gjear-925	134	21	)	)	PUNCT
gjear-925	134	22	on	on	ADP
gjear-925	134	23	various	various	ADJ
gjear-925	134	24	variables	variable	NOUN
gjear-925	134	25	,	,	PUNCT
gjear-925	134	26	which	which	PRON
gjear-925	134	27	reduced	reduce	VERB
gjear-925	134	28	the	the	DET
gjear-925	134	29	number	number	NOUN
gjear-925	134	30	of	of	ADP
gjear-925	134	31	data	datum	NOUN
gjear-925	134	32	samples	sample	NOUN
gjear-925	134	33	,	,	PUNCT
gjear-925	134	34	and	and	CCONJ
gjear-925	134	35	data	datum	NOUN
gjear-925	134	36	improvement	improvement	NOUN
gjear-925	134	37	with	with	ADP
gjear-925	134	38	the	the	DET
gjear-925	134	39	chocrane	chocrane	ADJ
gjear-925	134	40	orcutt	orcutt	NOUN
gjear-925	134	41	technique	technique	NOUN
gjear-925	134	42	.	.	PUNCT
gjear-925	135	1	4.1.3.multicollinearitytest	4.1.3.multicollinearitytest	NUM
gjear-925	135	2	multicollinearitytestresultsbasedonthecollinearitystatisticscolumntoleranceandvarianceinflationfactor(vif)ob	multicollinearitytestresultsbasedonthecollinearitystatisticscolumntoleranceandvarianceinflationfactor(vif)ob	NOUN
gjear-925	135	3	tainedthemulticollinearitytestresultshaveavaluecloseto1andvarianceinflationfactor(vif)worth<10forallindepen	tainedthemulticollinearitytestresultshaveavaluecloseto1andvarianceinflationfactor(vif)worth<10forallindepen	ADJ
gjear-925	135	4	dentvaria	dentvaria	PROPN
gjear-925	135	5	blesx.thus	blesx.thu	NOUN
gjear-925	135	6	,	,	PUNCT
gjear-925	135	7	regressionmodel	regressionmodel	NOUN
gjear-925	135	8	analysiscanbeusedinthisstudy	analysiscanbeusedinthisstudy	NOUN
gjear-925	135	9	.	.	PUNCT
gjear-925	136	1	4.1.4	4.1.4	X
gjear-925	136	2	.	.	PUNCT
gjear-925	137	1	heteroscedasticitytest	heteroscedasticityt	ADJ
gjear-925	137	2	there	there	PRON
gjear-925	137	3	are	be	VERB
gjear-925	137	4	results	result	NOUN
gjear-925	137	5	of	of	ADP
gjear-925	137	6	the	the	DET
gjear-925	137	7	chi	chi	ADJ
gjear-925	137	8	-	-	PUNCT
gjear-925	137	9	square	square	ADJ
gjear-925	137	10	prob	prob	NOUN
gjear-925	137	11	on	on	ADP
gjear-925	137	12	obs*r	obs*r	NOUN
gjear-925	137	13	-	-	PUNCT
gjear-925	137	14	squared	square	VERB
gjear-925	137	15	0.4501	0.4501	NUM
gjear-925	137	16	>	>	SYM
gjear-925	137	17	0.05	0.05	NUM
gjear-925	137	18	,	,	PUNCT
gjear-925	137	19	then	then	ADV
gjear-925	137	20	h0	h0	PROPN
gjear-925	137	21	is	be	AUX
gjear-925	137	22	accepted	accept	VERB
gjear-925	137	23	or	or	CCONJ
gjear-925	137	24	it	it	PRON
gjear-925	137	25	means	mean	VERB
gjear-925	137	26	that	that	SCONJ
gjear-925	137	27	the	the	DET
gjear-925	137	28	regression	regression	NOUN
gjear-925	137	29	model	model	NOUN
gjear-925	137	30	is	be	AUX
gjear-925	137	31	homoscedasticity	homoscedasticity	NOUN
gjear-925	137	32	or	or	CCONJ
gjear-925	137	33	in	in	ADP
gjear-925	137	34	other	other	ADJ
gjear-925	137	35	words	word	NOUN
gjear-925	137	36	there	there	PRON
gjear-925	137	37	is	be	VERB
gjear-925	137	38	no	no	DET
gjear-925	137	39	problem	problem	NOUN
gjear-925	137	40	with	with	ADP
gjear-925	137	41	the	the	DET
gjear-925	137	42	assumption	assumption	NOUN
gjear-925	137	43	of	of	ADP
gjear-925	137	44	heteroscedasticity	heteroscedasticity	PROPN
gjear-925	137	45	.	.	PUNCT
gjear-925	138	1	4.1.5	4.1.5	X
gjear-925	138	2	.	.	PUNCT
gjear-925	139	1	coefficient	coefficient	NOUN
gjear-925	139	2	of	of	ADP
gjear-925	139	3	determination	determination	NOUN
gjear-925	139	4	test	test	NOUN
gjear-925	139	5	(	(	PUNCT
gjear-925	139	6	r²	r²	PROPN
gjear-925	139	7	)	)	PUNCT
gjear-925	139	8	the	the	DET
gjear-925	139	9	coefficient	coefficient	NOUN
gjear-925	139	10	of	of	ADP
gjear-925	139	11	determination	determination	NOUN
gjear-925	139	12	(	(	PUNCT
gjear-925	139	13	r2	r2	NOUN
gjear-925	139	14	)	)	PUNCT
gjear-925	139	15	measures	measure	VERB
gjear-925	139	16	the	the	DET
gjear-925	139	17	influence	influence	NOUN
gjear-925	139	18	of	of	ADP
gjear-925	139	19	the	the	DET
gjear-925	139	20	independent	independent	ADJ
gjear-925	139	21	variables	variable	NOUN
gjear-925	139	22	,	,	PUNCT
gjear-925	139	23	cr	cr	NOUN
gjear-925	139	24	,	,	PUNCT
gjear-925	139	25	ltdter	ltdter	NOUN
gjear-925	139	26	,	,	PUNCT
gjear-925	139	27	and	and	CCONJ
gjear-925	139	28	pr	pr	NOUN
gjear-925	139	29	,	,	PUNCT
gjear-925	139	30	on	on	ADP
gjear-925	139	31	the	the	DET
gjear-925	139	32	dependent	dependent	ADJ
gjear-925	139	33	variable	variable	NOUN
gjear-925	139	34	,	,	PUNCT
gjear-925	139	35	roi	roi	NOUN
gjear-925	139	36	.	.	PUNCT
gjear-925	140	1	based	base	VERB
gjear-925	140	2	on	on	ADP
gjear-925	140	3	the	the	DET
gjear-925	140	4	analysis	analysis	NOUN
gjear-925	140	5	of	of	ADP
gjear-925	140	6	data	datum	NOUN
gjear-925	140	7	,	,	PUNCT
gjear-925	140	8	the	the	DET
gjear-925	140	9	random	random	ADJ
gjear-925	140	10	effect	effect	NOUN
gjear-925	140	11	test	test	NOUN
gjear-925	140	12	findings	finding	NOUN
gjear-925	140	13	of	of	ADP
gjear-925	140	14	72.72	72.72	NUM
gjear-925	140	15	percent	percent	NOUN
gjear-925	140	16	indicate	indicate	VERB
gjear-925	140	17	that	that	SCONJ
gjear-925	140	18	these	these	DET
gjear-925	140	19	variables	variable	NOUN
gjear-925	140	20	may	may	AUX
gjear-925	140	21	explain	explain	VERB
gjear-925	140	22	each	each	DET
gjear-925	140	23	other	other	ADJ
gjear-925	140	24	's	's	PART
gjear-925	140	25	relationships	relationship	NOUN
gjear-925	140	26	.	.	PUNCT
gjear-925	141	1	global	global	ADJ
gjear-925	141	2	research	research	PROPN
gjear-925	141	3	journal	journal	PROPN
gjear-925	141	4	of	of	ADP
gjear-925	141	5	management	management	NOUN
gjear-925	141	6	and	and	CCONJ
gjear-925	141	7	social	social	ADJ
gjear-925	141	8	sciences	science	NOUN
gjear-925	141	9	(	(	PUNCT
gjear-925	141	10	grjmss	grjmss	PROPN
gjear-925	141	11	)	)	PUNCT
gjear-925	141	12	vol	vol	NOUN
gjear-925	141	13	.	.	PROPN
gjear-925	141	14	13	13	NUM
gjear-925	141	15	(	(	PUNCT
gjear-925	141	16	1	1	NUM
gjear-925	141	17	)	)	PUNCT
gjear-925	141	18	pg	pg	NOUN
gjear-925	141	19	.	.	PROPN
gjear-925	142	1	17	17	NUM
gjear-925	142	2	4.1.6	4.1.6	PROPN
gjear-925	142	3	.	.	PUNCT
gjear-925	142	4	hypothesis	hypothesis	NOUN
gjear-925	142	5	testingresults	testingresult	VERB
gjear-925	142	6	the	the	DET
gjear-925	142	7	probability	probability	NOUN
gjear-925	142	8	value	value	NOUN
gjear-925	142	9	of	of	ADP
gjear-925	142	10	0.2301	0.2301	NUM
gjear-925	142	11	is	be	AUX
gjear-925	142	12	larger	large	ADJ
gjear-925	142	13	than	than	ADP
gjear-925	142	14	the	the	DET
gjear-925	142	15	significance	significance	NOUN
gjear-925	142	16	threshold	threshold	NOUN
gjear-925	142	17	of	of	ADP
gjear-925	142	18	0.05	0.05	NUM
gjear-925	142	19	,	,	PUNCT
gjear-925	142	20	h0	h0	PROPN
gjear-925	142	21	is	be	AUX
gjear-925	142	22	rejected	reject	VERB
gjear-925	142	23	and	and	CCONJ
gjear-925	142	24	h1	h1	PROPN
gjear-925	142	25	is	be	AUX
gjear-925	142	26	accepted	accept	VERB
gjear-925	142	27	.	.	PUNCT
gjear-925	143	1	this	this	PRON
gjear-925	143	2	demonstrates	demonstrate	VERB
gjear-925	143	3	that	that	SCONJ
gjear-925	143	4	the	the	DET
gjear-925	143	5	cr	cr	PROPN
gjear-925	143	6	variable	variable	PROPN
gjear-925	143	7	has	have	VERB
gjear-925	143	8	a	a	DET
gjear-925	143	9	limited	limited	ADJ
gjear-925	143	10	impact	impact	NOUN
gjear-925	143	11	on	on	ADP
gjear-925	143	12	productivity	productivity	NOUN
gjear-925	143	13	(	(	PUNCT
gjear-925	143	14	roi	roi	NOUN
gjear-925	143	15	)	)	PUNCT
gjear-925	143	16	between	between	ADP
gjear-925	143	17	2015	2015	NUM
gjear-925	143	18	and	and	CCONJ
gjear-925	143	19	2020	2020	NUM
gjear-925	143	20	.	.	PUNCT
gjear-925	144	1	h0	h0	PROPN
gjear-925	144	2	is	be	AUX
gjear-925	144	3	rejected	reject	VERB
gjear-925	144	4	since	since	SCONJ
gjear-925	144	5	the	the	DET
gjear-925	144	6	probability	probability	NOUN
gjear-925	144	7	value	value	NOUN
gjear-925	144	8	of	of	ADP
gjear-925	144	9	0.1041	0.1041	NUM
gjear-925	144	10	is	be	AUX
gjear-925	144	11	larger	large	ADJ
gjear-925	144	12	than	than	ADP
gjear-925	144	13	the	the	DET
gjear-925	144	14	significance	significance	NOUN
gjear-925	144	15	threshold	threshold	NOUN
gjear-925	144	16	of	of	ADP
gjear-925	144	17	0.05	0.05	NUM
gjear-925	144	18	,	,	PUNCT
gjear-925	144	19	but	but	CCONJ
gjear-925	144	20	h1	h1	NOUN
gjear-925	144	21	is	be	AUX
gjear-925	144	22	accepted	accept	VERB
gjear-925	144	23	.	.	PUNCT
gjear-925	145	1	this	this	PRON
gjear-925	145	2	demonstrates	demonstrate	VERB
gjear-925	145	3	that	that	SCONJ
gjear-925	145	4	ltdter	ltdter	NOUN
gjear-925	145	5	has	have	VERB
gjear-925	145	6	a	a	DET
gjear-925	145	7	limited	limited	ADJ
gjear-925	145	8	impact	impact	NOUN
gjear-925	145	9	on	on	ADP
gjear-925	145	10	productivity	productivity	NOUN
gjear-925	145	11	(	(	PUNCT
gjear-925	145	12	roi).and	roi).and	AUX
gjear-925	145	13	the	the	DET
gjear-925	145	14	pr	pr	NOUN
gjear-925	145	15	variable	variable	NOUN
gjear-925	145	16	has	have	AUX
gjear-925	145	17	a	a	DET
gjear-925	145	18	t	t	NOUN
gjear-925	145	19	-	-	PUNCT
gjear-925	145	20	count	count	NOUN
gjear-925	145	21	value	value	NOUN
gjear-925	145	22	of	of	ADP
gjear-925	145	23	3.250265	3.250265	NUM
gjear-925	145	24	and	and	CCONJ
gjear-925	145	25	a	a	DET
gjear-925	145	26	probability	probability	NOUN
gjear-925	145	27	value	value	NOUN
gjear-925	145	28	of	of	ADP
gjear-925	145	29	0.0021	0.0021	NUM
gjear-925	145	30	,	,	PUNCT
gjear-925	145	31	both	both	PRON
gjear-925	145	32	of	of	ADP
gjear-925	145	33	which	which	PRON
gjear-925	145	34	are	be	AUX
gjear-925	145	35	less	less	ADJ
gjear-925	145	36	than	than	ADP
gjear-925	145	37	the	the	DET
gjear-925	145	38	significance	significance	NOUN
gjear-925	145	39	level	level	NOUN
gjear-925	145	40	of	of	ADP
gjear-925	145	41	0.05	0.05	NUM
gjear-925	145	42	,	,	PUNCT
gjear-925	145	43	h0	h0	PROPN
gjear-925	145	44	is	be	AUX
gjear-925	145	45	accepted	accept	VERB
gjear-925	145	46	and	and	CCONJ
gjear-925	145	47	h1	h1	PROPN
gjear-925	145	48	is	be	AUX
gjear-925	145	49	rejected	reject	VERB
gjear-925	145	50	.	.	PUNCT
gjear-925	146	1	this	this	PRON
gjear-925	146	2	demonstrates	demonstrate	VERB
gjear-925	146	3	that	that	SCONJ
gjear-925	146	4	the	the	DET
gjear-925	146	5	pr	pr	NOUN
gjear-925	146	6	variable	variable	NOUN
gjear-925	146	7	has	have	VERB
gjear-925	146	8	a	a	DET
gjear-925	146	9	limited	limited	ADJ
gjear-925	146	10	impact	impact	NOUN
gjear-925	146	11	on	on	ADP
gjear-925	146	12	the	the	DET
gjear-925	146	13	profitability	profitability	NOUN
gjear-925	146	14	(	(	PUNCT
gjear-925	146	15	roi	roi	NOUN
gjear-925	146	16	)	)	PUNCT
gjear-925	146	17	of	of	ADP
gjear-925	146	18	the	the	DET
gjear-925	146	19	financing	financing	NOUN
gjear-925	146	20	institutions	institution	NOUN
gjear-925	146	21	sub	sub	NOUN
gjear-925	146	22	-	-	NOUN
gjear-925	146	23	sector	sector	NOUN
gjear-925	146	24	between	between	ADP
gjear-925	146	25	2015	2015	NUM
gjear-925	146	26	and	and	CCONJ
gjear-925	146	27	2020	2020	NUM
gjear-925	146	28	.	.	PUNCT
gjear-925	147	1	4.2	4.2	NUM
gjear-925	147	2	.	.	PUNCT
gjear-925	147	3	discussion	discussion	NOUN
gjear-925	147	4	a	a	X
gjear-925	147	5	)	)	PUNCT
gjear-925	147	6	the	the	DET
gjear-925	147	7	effect	effect	NOUN
gjear-925	147	8	of	of	ADP
gjear-925	147	9	short	short	ADJ
gjear-925	147	10	-	-	PUNCT
gjear-925	147	11	term	term	NOUN
gjear-925	147	12	debt	debt	NOUN
gjear-925	147	13	on	on	ADP
gjear-925	147	14	profitability	profitability	NOUN
gjear-925	147	15	based	base	VERB
gjear-925	147	16	on	on	ADP
gjear-925	147	17	the	the	DET
gjear-925	147	18	results	result	NOUN
gjear-925	147	19	of	of	ADP
gjear-925	147	20	the	the	DET
gjear-925	147	21	output	output	NOUN
gjear-925	147	22	,	,	PUNCT
gjear-925	147	23	the	the	DET
gjear-925	147	24	coefficient	coefficient	NOUN
gjear-925	147	25	value	value	NOUN
gjear-925	147	26	is	be	AUX
gjear-925	147	27	-0.015754	-0.015754	ADJ
gjear-925	147	28	,	,	PUNCT
gjear-925	147	29	the	the	DET
gjear-925	147	30	t	t	PROPN
gjear-925	147	31	statistic	statistic	NOUN
gjear-925	147	32	value	value	NOUN
gjear-925	147	33	is	be	AUX
gjear-925	147	34	-1.215560	-1.215560	VERB
gjear-925	147	35	with	with	ADP
gjear-925	147	36	a	a	DET
gjear-925	147	37	probability	probability	NOUN
gjear-925	147	38	of	of	ADP
gjear-925	147	39	0.2301	0.2301	NUM
gjear-925	147	40	>	>	SYM
gjear-925	147	41	0.05	0.05	NUM
gjear-925	147	42	,	,	PUNCT
gjear-925	147	43	then	then	ADV
gjear-925	147	44	h0	h0	PROPN
gjear-925	147	45	is	be	AUX
gjear-925	147	46	rejected	reject	VERB
gjear-925	147	47	and	and	CCONJ
gjear-925	147	48	h1	h1	PROPN
gjear-925	147	49	is	be	AUX
gjear-925	147	50	accepted	accept	VERB
gjear-925	147	51	,	,	PUNCT
gjear-925	147	52	short	short	ADJ
gjear-925	147	53	-	-	PUNCT
gjear-925	147	54	term	term	NOUN
gjear-925	147	55	debt	debt	NOUN
gjear-925	147	56	has	have	VERB
gjear-925	147	57	no	no	DET
gjear-925	147	58	effect	effect	NOUN
gjear-925	147	59	on	on	ADP
gjear-925	147	60	profitability	profitability	NOUN
gjear-925	147	61	in	in	ADP
gjear-925	147	62	the	the	DET
gjear-925	147	63	financing	financing	NOUN
gjear-925	147	64	institutions	institution	NOUN
gjear-925	147	65	sub	sub	NOUN
gjear-925	147	66	-	-	NOUN
gjear-925	147	67	sector	sector	NOUN
gjear-925	147	68	in	in	ADP
gjear-925	147	69	the	the	DET
gjear-925	147	70	2015	2015	NUM
gjear-925	147	71	-	-	PUNCT
gjear-925	147	72	2020	2020	NUM
gjear-925	147	73	period	period	NOUN
gjear-925	147	74	.	.	PUNCT
gjear-925	148	1	houston	houston	PROPN
gjear-925	148	2	and	and	CCONJ
gjear-925	148	3	brigham	brigham	PROPN
gjear-925	148	4	(	(	PUNCT
gjear-925	148	5	2011	2011	NUM
gjear-925	148	6	)	)	PUNCT
gjear-925	148	7	suggest	suggest	VERB
gjear-925	148	8	that	that	SCONJ
gjear-925	148	9	modigliani	modigliani	PROPN
gjear-925	148	10	and	and	CCONJ
gjear-925	148	11	miller	miller	PROPN
gjear-925	148	12	's	's	PART
gjear-925	148	13	theory	theory	NOUN
gjear-925	148	14	shows	show	VERB
gjear-925	148	15	the	the	DET
gjear-925	148	16	relationship	relationship	NOUN
gjear-925	148	17	between	between	ADP
gjear-925	148	18	profitability	profitability	NOUN
gjear-925	148	19	and	and	CCONJ
gjear-925	148	20	the	the	DET
gjear-925	148	21	use	use	NOUN
gjear-925	148	22	of	of	ADP
gjear-925	148	23	debt	debt	NOUN
gjear-925	148	24	in	in	ADP
gjear-925	148	25	the	the	DET
gjear-925	148	26	company	company	NOUN
gjear-925	148	27	.	.	PUNCT
gjear-925	149	1	the	the	DET
gjear-925	149	2	value	value	NOUN
gjear-925	149	3	of	of	ADP
gjear-925	149	4	the	the	DET
gjear-925	149	5	company	company	NOUN
gjear-925	149	6	with	with	ADP
gjear-925	149	7	debt	debt	NOUN
gjear-925	149	8	is	be	AUX
gjear-925	149	9	higher	high	ADJ
gjear-925	149	10	than	than	ADP
gjear-925	149	11	the	the	DET
gjear-925	149	12	value	value	NOUN
gjear-925	149	13	of	of	ADP
gjear-925	149	14	the	the	DET
gjear-925	149	15	company	company	NOUN
gjear-925	149	16	without	without	ADP
gjear-925	149	17	debt	debt	NOUN
gjear-925	149	18	.	.	PUNCT
gjear-925	150	1	the	the	DET
gjear-925	150	2	increase	increase	NOUN
gjear-925	150	3	in	in	ADP
gjear-925	150	4	value	value	NOUN
gjear-925	150	5	was	be	AUX
gjear-925	150	6	due	due	ADJ
gjear-925	150	7	to	to	ADP
gjear-925	150	8	tax	tax	NOUN
gjear-925	150	9	savings	saving	NOUN
gjear-925	150	10	from	from	ADP
gjear-925	150	11	the	the	DET
gjear-925	150	12	use	use	NOUN
gjear-925	150	13	of	of	ADP
gjear-925	150	14	debt	debt	NOUN
gjear-925	150	15	.	.	PUNCT
gjear-925	151	1	companies	company	NOUN
gjear-925	151	2	with	with	ADP
gjear-925	151	3	a	a	DET
gjear-925	151	4	high	high	ADJ
gjear-925	151	5	level	level	NOUN
gjear-925	151	6	of	of	ADP
gjear-925	151	7	profitability	profitability	NOUN
gjear-925	151	8	will	will	AUX
gjear-925	151	9	try	try	VERB
gjear-925	151	10	to	to	PART
gjear-925	151	11	reduce	reduce	VERB
gjear-925	151	12	their	their	PRON
gjear-925	151	13	taxes	taxis	NOUN
gjear-925	151	14	by	by	ADP
gjear-925	151	15	increasing	increase	VERB
gjear-925	151	16	their	their	PRON
gjear-925	151	17	debt	debt	NOUN
gjear-925	151	18	ratio.in	ratio.in	PRON
gjear-925	151	19	this	this	DET
gjear-925	151	20	study	study	NOUN
gjear-925	151	21	,	,	PUNCT
gjear-925	151	22	it	it	PRON
gjear-925	151	23	is	be	AUX
gjear-925	151	24	proven	prove	VERB
gjear-925	151	25	that	that	SCONJ
gjear-925	151	26	short	short	ADJ
gjear-925	151	27	-	-	PUNCT
gjear-925	151	28	term	term	NOUN
gjear-925	151	29	debt	debt	NOUN
gjear-925	151	30	has	have	VERB
gjear-925	151	31	no	no	DET
gjear-925	151	32	effect	effect	NOUN
gjear-925	151	33	on	on	ADP
gjear-925	151	34	the	the	DET
gjear-925	151	35	profitability	profitability	NOUN
gjear-925	151	36	of	of	ADP
gjear-925	151	37	the	the	DET
gjear-925	151	38	financing	financing	NOUN
gjear-925	151	39	institutions	institution	NOUN
gjear-925	151	40	sub	sub	NOUN
gjear-925	151	41	-	-	NOUN
gjear-925	151	42	sector	sector	NOUN
gjear-925	151	43	in	in	ADP
gjear-925	151	44	the	the	DET
gjear-925	151	45	2015	2015	NUM
gjear-925	151	46	-	-	PUNCT
gjear-925	151	47	2020	2020	NUM
gjear-925	151	48	period	period	NOUN
gjear-925	151	49	.	.	PUNCT
gjear-925	152	1	the	the	DET
gjear-925	152	2	results	result	NOUN
gjear-925	152	3	of	of	ADP
gjear-925	152	4	this	this	DET
gjear-925	152	5	study	study	NOUN
gjear-925	152	6	are	be	AUX
gjear-925	152	7	supported	support	VERB
gjear-925	152	8	by	by	ADP
gjear-925	152	9	research	research	NOUN
gjear-925	152	10	conducted	conduct	VERB
gjear-925	152	11	by	by	ADP
gjear-925	152	12	sunaryo	sunaryo	NOUN
gjear-925	152	13	(	(	PUNCT
gjear-925	152	14	2018	2018	NUM
gjear-925	152	15	)	)	PUNCT
gjear-925	152	16	which	which	PRON
gjear-925	152	17	states	state	VERB
gjear-925	152	18	that	that	SCONJ
gjear-925	152	19	short	short	ADJ
gjear-925	152	20	-	-	PUNCT
gjear-925	152	21	term	term	NOUN
gjear-925	152	22	debt	debt	NOUN
gjear-925	152	23	has	have	VERB
gjear-925	152	24	no	no	DET
gjear-925	152	25	impact	impact	NOUN
gjear-925	152	26	on	on	ADP
gjear-925	152	27	profitability	profitability	NOUN
gjear-925	152	28	.	.	PUNCT
gjear-925	153	1	b	b	X
gjear-925	153	2	)	)	PUNCT
gjear-925	153	3	the	the	DET
gjear-925	153	4	effect	effect	NOUN
gjear-925	153	5	of	of	ADP
gjear-925	153	6	long	long	ADJ
gjear-925	153	7	-	-	PUNCT
gjear-925	153	8	term	term	NOUN
gjear-925	153	9	debt	debt	NOUN
gjear-925	153	10	on	on	ADP
gjear-925	153	11	profitability	profitability	NOUN
gjear-925	153	12	based	base	VERB
gjear-925	153	13	on	on	ADP
gjear-925	153	14	the	the	DET
gjear-925	153	15	results	result	NOUN
gjear-925	153	16	of	of	ADP
gjear-925	153	17	the	the	DET
gjear-925	153	18	output	output	NOUN
gjear-925	153	19	coefficient	coefficient	NOUN
gjear-925	153	20	0.219504	0.219504	NUM
gjear-925	153	21	,	,	PUNCT
gjear-925	153	22	the	the	DET
gjear-925	153	23	statistical	statistical	ADJ
gjear-925	153	24	t	t	NOUN
gjear-925	153	25	value	value	NOUN
gjear-925	153	26	is	be	AUX
gjear-925	153	27	1.656726	1.656726	NUM
gjear-925	153	28	with	with	ADP
gjear-925	153	29	a	a	DET
gjear-925	153	30	probability	probability	NOUN
gjear-925	153	31	of	of	ADP
gjear-925	153	32	0.1041	0.1041	NUM
gjear-925	153	33	<	<	X
gjear-925	153	34	0.05	0.05	NUM
gjear-925	153	35	,	,	PUNCT
gjear-925	153	36	then	then	ADV
gjear-925	153	37	h0	h0	PROPN
gjear-925	153	38	is	be	AUX
gjear-925	153	39	rejected	reject	VERB
gjear-925	153	40	and	and	CCONJ
gjear-925	153	41	h1	h1	PROPN
gjear-925	153	42	is	be	AUX
gjear-925	153	43	accepted	accept	VERB
gjear-925	153	44	,	,	PUNCT
gjear-925	153	45	long	long	ADJ
gjear-925	153	46	-	-	PUNCT
gjear-925	153	47	term	term	NOUN
gjear-925	153	48	debt	debt	NOUN
gjear-925	153	49	has	have	VERB
gjear-925	153	50	no	no	DET
gjear-925	153	51	effect	effect	NOUN
gjear-925	153	52	on	on	ADP
gjear-925	153	53	profitability	profitability	NOUN
gjear-925	153	54	in	in	ADP
gjear-925	153	55	the	the	DET
gjear-925	153	56	financing	financing	NOUN
gjear-925	153	57	institutions	institution	NOUN
gjear-925	153	58	subsector	subsector	NOUN
gjear-925	153	59	in	in	ADP
gjear-925	153	60	the	the	DET
gjear-925	153	61	2015	2015	NUM
gjear-925	153	62	-	-	PUNCT
gjear-925	153	63	2020	2020	NUM
gjear-925	153	64	period	period	NOUN
gjear-925	153	65	.	.	PUNCT
gjear-925	154	1	long	long	ADJ
gjear-925	154	2	-	-	PUNCT
gjear-925	154	3	term	term	NOUN
gjear-925	154	4	debt	debt	NOUN
gjear-925	154	5	is	be	AUX
gjear-925	154	6	considered	consider	VERB
gjear-925	154	7	as	as	ADP
gjear-925	154	8	one	one	NUM
gjear-925	154	9	of	of	ADP
gjear-925	154	10	the	the	DET
gjear-925	154	11	driving	drive	VERB
gjear-925	154	12	factors	factor	NOUN
gjear-925	154	13	for	for	ADP
gjear-925	154	14	the	the	DET
gjear-925	154	15	profitability	profitability	NOUN
gjear-925	154	16	of	of	ADP
gjear-925	154	17	a	a	DET
gjear-925	154	18	company	company	NOUN
gjear-925	154	19	.	.	PUNCT
gjear-925	155	1	the	the	DET
gjear-925	155	2	relationship	relationship	NOUN
gjear-925	155	3	between	between	ADP
gjear-925	155	4	debt	debt	NOUN
gjear-925	155	5	and	and	CCONJ
gjear-925	155	6	profit	profit	NOUN
gjear-925	155	7	is	be	AUX
gjear-925	155	8	that	that	SCONJ
gjear-925	155	9	more	more	ADJ
gjear-925	155	10	debt	debt	NOUN
gjear-925	155	11	,	,	PUNCT
gjear-925	155	12	both	both	CCONJ
gjear-925	155	13	shortterm	shortterm	NOUN
gjear-925	155	14	and	and	CCONJ
gjear-925	155	15	long	long	ADJ
gjear-925	155	16	-	-	PUNCT
gjear-925	155	17	term	term	NOUN
gjear-925	155	18	,	,	PUNCT
gjear-925	155	19	will	will	AUX
gjear-925	155	20	result	result	VERB
gjear-925	155	21	in	in	ADP
gjear-925	155	22	increased	increase	VERB
gjear-925	155	23	interest	interest	NOUN
gjear-925	155	24	costs	cost	NOUN
gjear-925	155	25	which	which	PRON
gjear-925	155	26	will	will	AUX
gjear-925	155	27	ultimately	ultimately	ADV
gjear-925	155	28	result	result	VERB
gjear-925	155	29	in	in	ADP
gjear-925	155	30	reduced	reduced	ADJ
gjear-925	155	31	company	company	NOUN
gjear-925	155	32	profits	profit	NOUN
gjear-925	155	33	.	.	PUNCT
gjear-925	156	1	this	this	DET
gjear-925	156	2	study	study	NOUN
gjear-925	156	3	's	's	PART
gjear-925	156	4	findings	finding	NOUN
gjear-925	156	5	are	be	AUX
gjear-925	156	6	confirmed	confirm	VERB
gjear-925	156	7	by	by	ADP
gjear-925	156	8	studies	study	NOUN
gjear-925	156	9	by	by	ADP
gjear-925	156	10	sunaryo	sunaryo	NOUN
gjear-925	156	11	(	(	PUNCT
gjear-925	156	12	2018	2018	NUM
gjear-925	156	13	)	)	PUNCT
gjear-925	156	14	and	and	CCONJ
gjear-925	156	15	irawan	irawan	PROPN
gjear-925	156	16	(	(	PUNCT
gjear-925	156	17	2012	2012	NUM
gjear-925	156	18	)	)	PUNCT
gjear-925	156	19	,	,	PUNCT
gjear-925	156	20	which	which	PRON
gjear-925	156	21	show	show	VERB
gjear-925	156	22	that	that	SCONJ
gjear-925	156	23	long	long	ADJ
gjear-925	156	24	-	-	PUNCT
gjear-925	156	25	term	term	NOUN
gjear-925	156	26	debt	debt	NOUN
gjear-925	156	27	influence	influence	NOUN
gjear-925	156	28	on	on	ADP
gjear-925	156	29	profitability	profitability	NOUN
gjear-925	156	30	.	.	PUNCT
gjear-925	157	1	c	c	X
gjear-925	157	2	)	)	PUNCT
gjear-925	157	3	effect	effect	NOUN
gjear-925	157	4	of	of	ADP
gjear-925	157	5	equity	equity	NOUN
gjear-925	157	6	on	on	ADP
gjear-925	157	7	profitability	profitability	NOUN
gjear-925	157	8	based	base	VERB
gjear-925	157	9	on	on	ADP
gjear-925	157	10	the	the	DET
gjear-925	157	11	output	output	NOUN
gjear-925	157	12	coefficient	coefficient	NOUN
gjear-925	157	13	value	value	NOUN
gjear-925	157	14	of	of	ADP
gjear-925	157	15	3.325453	3.325453	NUM
gjear-925	158	1	,	,	PUNCT
gjear-925	158	2	the	the	DET
gjear-925	158	3	statistical	statistical	ADJ
gjear-925	158	4	t	t	NOUN
gjear-925	158	5	value	value	NOUN
gjear-925	158	6	is	be	AUX
gjear-925	158	7	3.250265	3.250265	NUM
gjear-925	158	8	with	with	ADP
gjear-925	158	9	a	a	DET
gjear-925	158	10	probability	probability	NOUN
gjear-925	158	11	of	of	ADP
gjear-925	158	12	0.0021	0.0021	NUM
gjear-925	158	13	<	<	X
gjear-925	158	14	0.05	0.05	NUM
gjear-925	158	15	,	,	PUNCT
gjear-925	158	16	and	and	CCONJ
gjear-925	158	17	h0	h0	NOUN
gjear-925	158	18	is	be	AUX
gjear-925	158	19	accepted	accept	VERB
gjear-925	158	20	while	while	SCONJ
gjear-925	158	21	h1	h1	PROPN
gjear-925	158	22	is	be	AUX
gjear-925	158	23	rejected	reject	VERB
gjear-925	158	24	.	.	PUNCT
gjear-925	159	1	own	own	ADJ
gjear-925	159	2	capital	capital	NOUN
gjear-925	159	3	has	have	VERB
gjear-925	159	4	an	an	DET
gjear-925	159	5	impact	impact	NOUN
gjear-925	159	6	on	on	ADP
gjear-925	159	7	the	the	DET
gjear-925	159	8	profitability	profitability	NOUN
gjear-925	159	9	of	of	ADP
gjear-925	159	10	the	the	DET
gjear-925	159	11	financing	financing	NOUN
gjear-925	159	12	institutions	institution	NOUN
gjear-925	159	13	subsector	subsector	NOUN
gjear-925	159	14	from	from	ADP
gjear-925	159	15	2015	2015	NUM
gjear-925	159	16	to	to	ADP
gjear-925	159	17	2020.conceptually	2020.conceptually	ADV
gjear-925	159	18	,	,	PUNCT
gjear-925	159	19	the	the	DET
gjear-925	159	20	relationship	relationship	NOUN
gjear-925	159	21	between	between	ADP
gjear-925	159	22	working	work	VERB
gjear-925	159	23	capital	capital	NOUN
gjear-925	159	24	and	and	CCONJ
gjear-925	159	25	profitability	profitability	NOUN
gjear-925	159	26	is	be	AUX
gjear-925	159	27	that	that	SCONJ
gjear-925	159	28	if	if	SCONJ
gjear-925	159	29	the	the	DET
gjear-925	159	30	capital	capital	NOUN
gjear-925	159	31	itself	itself	PRON
gjear-925	159	32	is	be	AUX
gjear-925	159	33	not	not	PART
gjear-925	159	34	sufficient	sufficient	ADJ
gjear-925	159	35	,	,	PUNCT
gjear-925	159	36	it	it	PRON
gjear-925	159	37	will	will	AUX
gjear-925	159	38	affect	affect	VERB
gjear-925	159	39	the	the	DET
gjear-925	159	40	decline	decline	NOUN
gjear-925	159	41	in	in	ADP
gjear-925	159	42	profitability	profitability	NOUN
gjear-925	159	43	.	.	PUNCT
gjear-925	160	1	if	if	SCONJ
gjear-925	160	2	excessive	excessive	ADJ
gjear-925	160	3	working	work	VERB
gjear-925	160	4	capital	capital	NOUN
gjear-925	160	5	results	result	NOUN
gjear-925	160	6	in	in	ADP
gjear-925	160	7	inefficiency	inefficiency	NOUN
gjear-925	160	8	or	or	CCONJ
gjear-925	160	9	waste	waste	NOUN
gjear-925	160	10	,	,	PUNCT
gjear-925	160	11	it	it	PRON
gjear-925	160	12	will	will	AUX
gjear-925	160	13	ultimately	ultimately	ADV
gjear-925	160	14	affect	affect	VERB
gjear-925	160	15	the	the	DET
gjear-925	160	16	level	level	NOUN
gjear-925	160	17	of	of	ADP
gjear-925	160	18	profitability	profitability	NOUN
gjear-925	160	19	.	.	PUNCT
gjear-925	161	1	in	in	ADP
gjear-925	161	2	other	other	ADJ
gjear-925	161	3	words	word	NOUN
gjear-925	161	4	,	,	PUNCT
gjear-925	161	5	one	one	PRON
gjear-925	161	6	's	's	PART
gjear-925	161	7	own	own	ADJ
gjear-925	161	8	capital	capital	NOUN
gjear-925	161	9	must	must	AUX
gjear-925	161	10	be	be	AUX
gjear-925	161	11	managed	manage	VERB
gjear-925	161	12	properly	properly	ADV
gjear-925	161	13	.	.	PUNCT
gjear-925	162	1	and	and	CCONJ
gjear-925	162	2	you	you	PRON
gjear-925	162	3	can	can	AUX
gjear-925	162	4	not	not	PART
gjear-925	162	5	go	go	VERB
gjear-925	162	6	wrong	wrong	ADJ
gjear-925	162	7	with	with	ADP
gjear-925	162	8	the	the	DET
gjear-925	162	9	placement	placement	NOUN
gjear-925	162	10	.	.	PUNCT
gjear-925	163	1	increasing	increase	VERB
gjear-925	163	2	the	the	DET
gjear-925	163	3	proportion	proportion	NOUN
gjear-925	163	4	of	of	ADP
gjear-925	163	5	the	the	DET
gjear-925	163	6	use	use	NOUN
gjear-925	163	7	of	of	ADP
gjear-925	163	8	own	own	ADJ
gjear-925	163	9	capital	capital	NOUN
gjear-925	163	10	funds	fund	NOUN
gjear-925	163	11	rather	rather	ADV
gjear-925	163	12	than	than	ADP
gjear-925	163	13	debt	debt	NOUN
gjear-925	163	14	used	use	VERB
gjear-925	163	15	in	in	ADP
gjear-925	163	16	investment	investment	NOUN
gjear-925	163	17	will	will	AUX
gjear-925	163	18	reduce	reduce	VERB
gjear-925	163	19	the	the	DET
gjear-925	163	20	amount	amount	NOUN
gjear-925	163	21	of	of	ADP
gjear-925	163	22	interest	interest	NOUN
gjear-925	163	23	costs	cost	NOUN
gjear-925	163	24	that	that	PRON
gjear-925	163	25	must	must	AUX
gjear-925	163	26	be	be	AUX
gjear-925	163	27	borne	bear	VERB
gjear-925	163	28	by	by	ADP
gjear-925	163	29	the	the	DET
gjear-925	163	30	company	company	NOUN
gjear-925	163	31	.	.	PUNCT
gjear-925	164	1	so	so	ADV
gjear-925	164	2	,	,	PUNCT
gjear-925	164	3	if	if	SCONJ
gjear-925	164	4	additional	additional	ADJ
gjear-925	164	5	capital	capital	NOUN
gjear-925	164	6	alone	alone	ADV
gjear-925	164	7	can	can	AUX
gjear-925	164	8	increase	increase	VERB
gjear-925	164	9	the	the	DET
gjear-925	164	10	company	company	NOUN
gjear-925	164	11	's	's	PART
gjear-925	164	12	net	net	ADJ
gjear-925	164	13	profit	profit	NOUN
gjear-925	164	14	,	,	PUNCT
gjear-925	164	15	then	then	ADV
gjear-925	164	16	profitability	profitability	NOUN
gjear-925	164	17	will	will	AUX
gjear-925	164	18	increase	increase	VERB
gjear-925	164	19	.	.	PUNCT
gjear-925	165	1	so	so	ADV
gjear-925	165	2	,	,	PUNCT
gjear-925	165	3	in	in	ADP
gjear-925	165	4	this	this	DET
gjear-925	165	5	study	study	NOUN
gjear-925	165	6	,	,	PUNCT
gjear-925	165	7	it	it	PRON
gjear-925	165	8	is	be	AUX
gjear-925	165	9	proven	prove	VERB
gjear-925	165	10	that	that	SCONJ
gjear-925	165	11	own	own	ADJ
gjear-925	165	12	capital	capital	NOUN
gjear-925	165	13	influences	influence	VERB
gjear-925	165	14	the	the	DET
gjear-925	165	15	profitability	profitability	NOUN
gjear-925	165	16	of	of	ADP
gjear-925	165	17	the	the	DET
gjear-925	165	18	financing	financing	NOUN
gjear-925	165	19	institutions	institution	NOUN
gjear-925	165	20	sub	sub	NOUN
gjear-925	165	21	-	-	NOUN
gjear-925	165	22	sector	sector	NOUN
gjear-925	165	23	in	in	ADP
gjear-925	165	24	the	the	DET
gjear-925	165	25	2015	2015	NUM
gjear-925	165	26	-	-	PUNCT
gjear-925	165	27	2020	2020	NUM
gjear-925	165	28	period	period	NOUN
gjear-925	165	29	.	.	PUNCT
gjear-925	166	1	the	the	DET
gjear-925	166	2	results	result	NOUN
gjear-925	166	3	of	of	ADP
gjear-925	166	4	this	this	DET
gjear-925	166	5	study	study	NOUN
gjear-925	166	6	are	be	AUX
gjear-925	166	7	supported	support	VERB
gjear-925	166	8	by	by	ADP
gjear-925	166	9	research	research	NOUN
gjear-925	166	10	conducted	conduct	VERB
gjear-925	166	11	by	by	ADP
gjear-925	166	12	dewi	dewi	PROPN
gjear-925	166	13	(	(	PUNCT
gjear-925	166	14	2012	2012	NUM
gjear-925	166	15	)	)	PUNCT
gjear-925	166	16	and	and	CCONJ
gjear-925	166	17	suartika	suartika	PROPN
gjear-925	166	18	et	et	PROPN
gjear-925	166	19	al	al	PROPN
gjear-925	166	20	.	.	PROPN
gjear-925	167	1	(	(	PUNCT
gjear-925	167	2	2013	2013	NUM
gjear-925	167	3	)	)	PUNCT
gjear-925	167	4	,	,	PUNCT
gjear-925	167	5	which	which	PRON
gjear-925	167	6	states	state	VERB
gjear-925	167	7	that	that	SCONJ
gjear-925	167	8	equity	equity	NOUN
gjear-925	167	9	influences	influence	VERB
gjear-925	167	10	profitability	profitability	NOUN
gjear-925	167	11	.	.	PUNCT
gjear-925	168	1	global	global	ADJ
gjear-925	168	2	research	research	PROPN
gjear-925	168	3	journal	journal	PROPN
gjear-925	168	4	of	of	ADP
gjear-925	168	5	management	management	NOUN
gjear-925	168	6	and	and	CCONJ
gjear-925	168	7	social	social	ADJ
gjear-925	168	8	sciences	science	NOUN
gjear-925	168	9	(	(	PUNCT
gjear-925	168	10	grjmss	grjmss	PROPN
gjear-925	168	11	)	)	PUNCT
gjear-925	168	12	vol	vol	NOUN
gjear-925	168	13	.	.	PROPN
gjear-925	168	14	13	13	NUM
gjear-925	168	15	(	(	PUNCT
gjear-925	168	16	1	1	NUM
gjear-925	168	17	)	)	PUNCT
gjear-925	168	18	pg	pg	NOUN
gjear-925	168	19	.	.	PROPN
gjear-925	169	1	18	18	NUM
gjear-925	169	2	4.2.8	4.2.8	NUM
gjear-925	169	3	.	.	PUNCT
gjear-925	170	1	research	research	NOUN
gjear-925	170	2	findings	finding	VERB
gjear-925	170	3	the	the	DET
gjear-925	170	4	results	result	NOUN
gjear-925	170	5	showed	show	VERB
gjear-925	170	6	that	that	SCONJ
gjear-925	170	7	the	the	DET
gjear-925	170	8	short	short	ADJ
gjear-925	170	9	-	-	PUNCT
gjear-925	170	10	term	term	NOUN
gjear-925	170	11	debt	debt	NOUN
gjear-925	170	12	and	and	CCONJ
gjear-925	170	13	long	long	ADJ
gjear-925	170	14	-term	-term	NOUN
gjear-925	170	15	debt	debt	NOUN
gjear-925	170	16	variable	variable	NOUN
gjear-925	170	17	had	have	VERB
gjear-925	170	18	no	no	DET
gjear-925	170	19	relevance	relevance	NOUN
gjear-925	170	20	to	to	ADP
gjear-925	170	21	profitability	profitability	NOUN
gjear-925	170	22	.	.	PUNCT
gjear-925	171	1	so	so	ADV
gjear-925	171	2	,	,	PUNCT
gjear-925	171	3	profitability	profitability	NOUN
gjear-925	171	4	is	be	AUX
gjear-925	171	5	dominated	dominate	VERB
gjear-925	171	6	by	by	ADP
gjear-925	171	7	the	the	DET
gjear-925	171	8	influence	influence	NOUN
gjear-925	171	9	of	of	ADP
gjear-925	171	10	equity	equity	NOUN
gjear-925	171	11	.	.	PUNCT
gjear-925	172	1	4.3	4.3	NUM
gjear-925	172	2	.	.	PUNCT
gjear-925	173	1	conclusion	conclusion	NOUN
gjear-925	173	2	equity	equity	NOUN
gjear-925	173	3	affects	affect	VERB
gjear-925	173	4	the	the	DET
gjear-925	173	5	profitability	profitability	NOUN
gjear-925	173	6	(	(	PUNCT
gjear-925	173	7	roi	roi	NOUN
gjear-925	173	8	)	)	PUNCT
gjear-925	173	9	of	of	ADP
gjear-925	173	10	financing	financing	NOUN
gjear-925	173	11	institutions	institution	NOUN
gjear-925	173	12	and	and	CCONJ
gjear-925	173	13	sub	sub	ADJ
gjear-925	173	14	-	-	ADJ
gjear-925	173	15	sector	sector	ADJ
gjear-925	173	16	companies	company	NOUN
gjear-925	173	17	listed	list	VERB
gjear-925	173	18	on	on	ADP
gjear-925	173	19	the	the	DET
gjear-925	173	20	indonesia	indonesia	PROPN
gjear-925	173	21	stock	stock	PROPN
gjear-925	173	22	exchange	exchange	PROPN
gjear-925	173	23	(	(	PUNCT
gjear-925	173	24	idx	idx	PROPN
gjear-925	173	25	)	)	PUNCT
gjear-925	173	26	for	for	ADP
gjear-925	173	27	the	the	DET
gjear-925	173	28	2015	2015	NUM
gjear-925	173	29	-	-	PUNCT
gjear-925	173	30	2020	2020	NUM
gjear-925	173	31	period	period	NOUN
gjear-925	173	32	.	.	PUNCT
gjear-925	174	1	company	company	NOUN
gjear-925	174	2	capital	capital	NOUN
gjear-925	174	3	can	can	AUX
gjear-925	174	4	partially	partially	ADV
gjear-925	174	5	affect	affect	VERB
gjear-925	174	6	the	the	DET
gjear-925	174	7	company	company	NOUN
gjear-925	174	8	's	's	PART
gjear-925	174	9	net	net	ADJ
gjear-925	174	10	profit	profit	NOUN
gjear-925	174	11	because	because	SCONJ
gjear-925	174	12	,	,	PUNCT
gjear-925	174	13	with	with	ADP
gjear-925	174	14	optimal	optimal	ADJ
gjear-925	174	15	capital	capital	NOUN
gjear-925	174	16	,	,	PUNCT
gjear-925	174	17	the	the	DET
gjear-925	174	18	company	company	NOUN
gjear-925	174	19	will	will	AUX
gjear-925	174	20	be	be	AUX
gjear-925	174	21	able	able	ADJ
gjear-925	174	22	to	to	PART
gjear-925	174	23	carry	carry	VERB
gjear-925	174	24	out	out	ADP
gjear-925	174	25	company	company	NOUN
gjear-925	174	26	activities	activity	NOUN
gjear-925	174	27	while	while	SCONJ
gjear-925	174	28	both	both	PRON
gjear-925	174	29	buying	buy	VERB
gjear-925	174	30	and	and	CCONJ
gjear-925	174	31	selling	sell	VERB
gjear-925	174	32	debt	debt	NOUN
gjear-925	174	33	payments	payment	NOUN
gjear-925	174	34	on	on	ADP
gjear-925	174	35	time	time	NOUN
gjear-925	174	36	,	,	PUNCT
gjear-925	174	37	so	so	SCONJ
gjear-925	174	38	that	that	SCONJ
gjear-925	174	39	it	it	PRON
gjear-925	174	40	also	also	ADV
gjear-925	174	41	has	have	VERB
gjear-925	174	42	an	an	DET
gjear-925	174	43	impact	impact	NOUN
gjear-925	174	44	on	on	ADP
gjear-925	174	45	company	company	NOUN
gjear-925	174	46	profits	profit	NOUN
gjear-925	174	47	or	or	CCONJ
gjear-925	174	48	profitability	profitability	NOUN
gjear-925	174	49	.	.	PUNCT
gjear-925	175	1	by	by	ADP
gjear-925	175	2	increasing	increase	VERB
gjear-925	175	3	the	the	DET
gjear-925	175	4	proportion	proportion	NOUN
gjear-925	175	5	of	of	ADP
gjear-925	175	6	own	own	ADJ
gjear-925	175	7	capital	capital	NOUN
gjear-925	175	8	funds	fund	NOUN
gjear-925	175	9	used	use	VERB
gjear-925	175	10	in	in	ADP
gjear-925	175	11	investment	investment	NOUN
gjear-925	175	12	over	over	ADP
gjear-925	175	13	debt	debt	NOUN
gjear-925	175	14	,	,	PUNCT
gjear-925	175	15	the	the	DET
gjear-925	175	16	company	company	NOUN
gjear-925	175	17	's	's	PART
gjear-925	175	18	costs	cost	NOUN
gjear-925	175	19	are	be	AUX
gjear-925	175	20	reduced	reduce	VERB
gjear-925	175	21	.	.	PUNCT
gjear-925	176	1	so	so	ADV
gjear-925	176	2	if	if	SCONJ
gjear-925	176	3	additional	additional	ADJ
gjear-925	176	4	capital	capital	NOUN
gjear-925	176	5	alone	alone	ADV
gjear-925	176	6	can	can	AUX
gjear-925	176	7	increase	increase	VERB
gjear-925	176	8	the	the	DET
gjear-925	176	9	company	company	NOUN
gjear-925	176	10	's	's	PART
gjear-925	176	11	net	net	ADJ
gjear-925	176	12	profit	profit	NOUN
gjear-925	176	13	,	,	PUNCT
gjear-925	176	14	then	then	ADV
gjear-925	176	15	profitability	profitability	NOUN
gjear-925	176	16	will	will	AUX
gjear-925	176	17	increase	increase	VERB
gjear-925	176	18	.	.	PUNCT
gjear-925	177	1	4.4	4.4	NUM
gjear-925	177	2	.	.	PUNCT
gjear-925	178	1	recommendation	recommendation	NOUN
gjear-925	178	2	companies	company	NOUN
gjear-925	178	3	in	in	ADP
gjear-925	178	4	the	the	DET
gjear-925	178	5	financial	financial	ADJ
gjear-925	178	6	institutions	institution	NOUN
gjear-925	178	7	sub	sub	NOUN
gjear-925	178	8	-	-	NOUN
gjear-925	178	9	sector	sector	NOUN
gjear-925	178	10	must	must	AUX
gjear-925	178	11	continue	continue	VERB
gjear-925	178	12	to	to	PART
gjear-925	178	13	improve	improve	VERB
gjear-925	178	14	the	the	DET
gjear-925	178	15	effectiveness	effectiveness	NOUN
gjear-925	178	16	of	of	ADP
gjear-925	178	17	their	their	PRON
gjear-925	178	18	use	use	NOUN
gjear-925	178	19	of	of	ADP
gjear-925	178	20	debt	debt	NOUN
gjear-925	178	21	,	,	PUNCT
gjear-925	178	22	both	both	CCONJ
gjear-925	178	23	short	short	ADJ
gjear-925	178	24	-	-	PUNCT
gjear-925	178	25	term	term	NOUN
gjear-925	178	26	and	and	CCONJ
gjear-925	178	27	long	long	ADJ
gjear-925	178	28	-	-	PUNCT
gjear-925	178	29	term	term	NOUN
gjear-925	178	30	debt	debt	NOUN
gjear-925	178	31	,	,	PUNCT
gjear-925	178	32	so	so	SCONJ
gjear-925	178	33	that	that	SCONJ
gjear-925	178	34	the	the	DET
gjear-925	178	35	use	use	NOUN
gjear-925	178	36	of	of	ADP
gjear-925	178	37	debt	debt	NOUN
gjear-925	178	38	can	can	AUX
gjear-925	178	39	be	be	AUX
gjear-925	178	40	maximized	maximize	VERB
gjear-925	178	41	,	,	PUNCT
gjear-925	178	42	which	which	PRON
gjear-925	178	43	will	will	AUX
gjear-925	178	44	increase	increase	VERB
gjear-925	178	45	the	the	DET
gjear-925	178	46	company	company	NOUN
gjear-925	178	47	's	's	PART
gjear-925	178	48	profitability	profitability	NOUN
gjear-925	178	49	.	.	PUNCT
gjear-925	179	1	research	research	NOUN
gjear-925	179	2	can	can	AUX
gjear-925	179	3	take	take	VERB
gjear-925	179	4	samples	sample	NOUN
gjear-925	179	5	of	of	ADP
gjear-925	179	6	companies	company	NOUN
gjear-925	179	7	with	with	ADP
gjear-925	179	8	different	different	ADJ
gjear-925	179	9	sectors	sector	NOUN
gjear-925	179	10	and	and	CCONJ
gjear-925	179	11	can	can	AUX
gjear-925	179	12	be	be	AUX
gjear-925	179	13	added	add	VERB
gjear-925	179	14	related	relate	VERB
gjear-925	179	15	to	to	ADP
gjear-925	179	16	the	the	DET
gjear-925	179	17	period	period	NOUN
gjear-925	179	18	or	or	CCONJ
gjear-925	179	19	after	after	ADP
gjear-925	179	20	the	the	DET
gjear-925	179	21	pandemic	pandemic	ADJ
gjear-925	179	22	.	.	PUNCT
gjear-925	180	1	bibliography	bibliography	NOUN
gjear-925	180	2	ahmad	ahmad	PROPN
gjear-925	180	3	,	,	PUNCT
gjear-925	180	4	et.al.2021	et.al.2021	PROPN
gjear-925	180	5	.	.	PUNCT
gjear-925	181	1	analisis	analisis	PROPN
gjear-925	181	2	struktur	struktur	PROPN
gjear-925	181	3	modal	modal	NOUN
gjear-925	181	4	berdasarkan	berdasarkan	PROPN
gjear-925	181	5	perspektif	perspektif	PROPN
gjear-925	181	6	pecking	pecking	NOUN
gjear-925	181	7	order	order	NOUN
gjear-925	181	8	theory	theory	NOUN
gjear-925	181	9	.	.	PUNCT
gjear-925	182	1	jurnal	jurnal	ADJ
gjear-925	182	2	imiah	imiah	PROPN
gjear-925	182	3	manajemen	manajemen	PROPN
gjear-925	182	4	dan	dan	PROPN
gjear-925	182	5	bisnis	bisnis	PROPN
gjear-925	182	6	jambura	jambura	PROPN
gjear-925	182	7	,	,	PUNCT
gjear-925	182	8	3	3	NUM
gjear-925	182	9	(	(	PUNCT
gjear-925	182	10	3),171	3),171	NUM
gjear-925	182	11	-	-	PUNCT
gjear-925	182	12	182	182	NUM
gjear-925	182	13	.	.	PUNCT
gjear-925	183	1	brigham	brigham	PROPN
gjear-925	183	2	,	,	PUNCT
gjear-925	183	3	eugenef	eugenef	PROPN
gjear-925	183	4	,	,	PUNCT
gjear-925	183	5	danhoustonf.joel.(2011).dasar	danhoustonf.joel.(2011).dasar	NOUN
gjear-925	183	6	-	-	PUNCT
gjear-925	183	7	dasarmanajemenkeuangan	dasarmanajemenkeuangan	PROPN
gjear-925	183	8	(	(	PUNCT
gjear-925	183	9	edisikesebelas).salembaempat	edisikesebelas).salembaempat	PROPN
gjear-925	183	10	,	,	PUNCT
gjear-925	183	11	jakarta	jakarta	PROPN
gjear-925	183	12	.	.	PUNCT
gjear-925	184	1	dewi	dewi	PROPN
gjear-925	184	2	,	,	PUNCT
gjear-925	184	3	d.p.(2012).analisispengaruhhutangjangkapanjang	d.p.(2012).analisispengaruhhutangjangkapanjang	PROPN
gjear-925	184	4	,	,	PUNCT
gjear-925	184	5	hutangjangkapendekdanmodalkerjabersihterha	hutangjangkapendekdanmodalkerjabersihterha	NOUN
gjear-925	184	6	daplabapadapt.griyaasri	daplabapadapt.griyaasri	NUM
gjear-925	185	1	prima.jurnal	prima.jurnal	ADJ
gjear-925	185	2	sekretari	sekretari	NOUN
gjear-925	185	3	universitaspamulang,1(2),1–18	universitaspamulang,1(2),1–18	NOUN
gjear-925	185	4	.	.	PROPN
gjear-925	185	5	endri	endri	PROPN
gjear-925	185	6	,	,	PUNCT
gjear-925	185	7	e.	e.	PROPN
gjear-925	185	8	,	,	PUNCT
gjear-925	185	9	ridho	ridho	PROPN
gjear-925	185	10	,	,	PUNCT
gjear-925	185	11	a.m.	a.m.	ADV
gjear-925	185	12	,	,	PUNCT
gjear-925	185	13	marlapa	marlapa	ADJ
gjear-925	185	14	,	,	PUNCT
gjear-925	185	15	e.	e.	PROPN
gjear-925	185	16	,	,	PUNCT
gjear-925	185	17	susanto	susanto	PROPN
gjear-925	185	18	,	,	PUNCT
gjear-925	185	19	h.	h.	PROPN
gjear-925	185	20	(	(	PUNCT
gjear-925	185	21	2021	2021	NUM
gjear-925	185	22	)	)	PUNCT
gjear-925	185	23	,	,	PUNCT
gjear-925	185	24	“	"	PUNCT
gjear-925	185	25	capital	capital	NOUN
gjear-925	185	26	structure	structure	NOUN
gjear-925	185	27	and	and	CCONJ
gjear-925	185	28	profitability	profitability	NOUN
gjear-925	185	29	:	:	PUNCT
gjear-925	185	30	evidence	evidence	NOUN
gjear-925	185	31	from	from	ADP
gjear-925	185	32	mining	mining	NOUN
gjear-925	185	33	companies	company	NOUN
gjear-925	185	34	in	in	ADP
gjear-925	185	35	indonesia	indonesia	PROPN
gjear-925	185	36	”	"	PUNCT
gjear-925	185	37	,	,	PUNCT
gjear-925	185	38	montenegrin	montenegrin	NOUN
gjear-925	185	39	journal	journal	NOUN
gjear-925	185	40	of	of	ADP
gjear-925	185	41	economics	economic	NOUN
gjear-925	185	42	,	,	PUNCT
gjear-925	185	43	vol	vol	NOUN
gjear-925	185	44	.	.	PROPN
gjear-925	185	45	17	17	NUM
gjear-925	185	46	,	,	PUNCT
gjear-925	185	47	no	no	INTJ
gjear-925	185	48	.	.	NOUN
gjear-925	185	49	4	4	NUM
gjear-925	185	50	,	,	PUNCT
gjear-925	185	51	pp	pp	ADJ
gjear-925	185	52	.	.	PUNCT
gjear-925	186	1	135	135	NUM
gjear-925	186	2	-	-	SYM
gjear-925	186	3	146	146	NUM
gjear-925	186	4	.	.	PUNCT
gjear-925	186	5	hamizar	hamizar	NOUN
gjear-925	186	6	,	,	PUNCT
gjear-925	186	7	susanti.d.(2013).“analisarasiolaporankeuangansebagaialatpenilaiankesehatanperusahaanpada	susanti.d.(2013).“analisarasiolaporankeuangansebagaialatpenilaiankesehatanperusahaanpada	PROPN
gjear-925	186	8	pt.bens	pt.ben	NOUN
gjear-925	186	9	promosindojakarta”.jurnallenteraakutansi	promosindojakarta”.jurnallenteraakutansi	NOUN
gjear-925	186	10	,	,	PUNCT
gjear-925	186	11	1(1),94	1(1),94	NUM
gjear-925	186	12	-	-	SYM
gjear-925	186	13	111	111	NUM
gjear-925	186	14	.	.	PUNCT
gjear-925	187	1	harmono	harmono	PROPN
gjear-925	187	2	.	.	PUNCT
gjear-925	188	1	(	(	PUNCT
gjear-925	188	2	2012	2012	NUM
gjear-925	188	3	)	)	PUNCT
gjear-925	188	4	.	.	PUNCT
gjear-925	189	1	manajemen	manajeman	NOUN
gjear-925	189	2	keuangan	keuangan	VERB
gjear-925	189	3	berbasis	berbasis	ADV
gjear-925	189	4	balanced	balanced	ADJ
gjear-925	189	5	scorecard	scorecard	NOUN
gjear-925	189	6	.	.	PUNCT
gjear-925	190	1	jakarta	jakarta	PROPN
gjear-925	190	2	:	:	PUNCT
gjear-925	191	1	pt	pt	PROPN
gjear-925	191	2	bumiaksara.kasmir.(2015).analisis	bumiaksara.kasmir.(2015).analisis	NOUN
gjear-925	191	3	laporan	laporan	VERB
gjear-925	191	4	keuangan.jakarta	keuangan.jakarta	PROPN
gjear-925	191	5	:	:	PUNCT
gjear-925	191	6	rajawalipers	rajawaliper	NOUN
gjear-925	191	7	.	.	PUNCT
gjear-925	192	1	kaunang	kaunang	PROPN
gjear-925	192	2	,	,	PUNCT
gjear-925	192	3	s.a.(2013).analisiskinerjakeuanganperusahaanpadapt.ciptadayanusantaramanado.jurnal	s.a.(2013).analisiskinerjakeuanganperusahaanpadapt.ciptadayanusantaramanado.jurnal	ADJ
gjear-925	192	4	emba,1(4	emba,1(4	NOUN
gjear-925	192	5	)	)	PUNCT
gjear-925	192	6	,	,	PUNCT
gjear-925	192	7	1993–2003	1993–2003	NUM
gjear-925	192	8	.	.	PUNCT
gjear-925	193	1	kurniawati	kurniawati	PROPN
gjear-925	193	2	,	,	PUNCT
gjear-925	193	3	m.	m.	NOUN
gjear-925	193	4	(	(	PUNCT
gjear-925	193	5	2017	2017	NUM
gjear-925	193	6	)	)	PUNCT
gjear-925	193	7	.	.	PUNCT
gjear-925	194	1	pengaruh	pengaruh	PROPN
gjear-925	194	2	inflasi	inflasi	PROPN
gjear-925	194	3	,	,	PUNCT
gjear-925	194	4	kurs	kurs	PROPN
gjear-925	194	5	,	,	PUNCT
gjear-925	194	6	pendapatan	pendapatan	NOUN
gjear-925	194	7	perkapita	perkapita	NOUN
gjear-925	194	8	terhadap	terhadap	PROPN
gjear-925	194	9	non	non	PROPN
gjear-925	194	10	performing	perform	VERB
gjear-925	194	11	financingperusahaanpembiayaandiindonesia.fakultasekonomidanbisnisislaminstitutagamaislamnege	financingperusahaanpembiayaandiindonesia.fakultasekonomidanbisnisislaminstitutagamaislamnege	PROPN
gjear-925	194	12	ri	ri	PROPN
gjear-925	194	13	tulungagung	tulungagung	PROPN
gjear-925	194	14	global	global	PROPN
gjear-925	194	15	research	research	PROPN
gjear-925	194	16	journal	journal	PROPN
gjear-925	194	17	of	of	ADP
gjear-925	194	18	management	management	NOUN
gjear-925	194	19	and	and	CCONJ
gjear-925	194	20	social	social	ADJ
gjear-925	194	21	sciences	science	NOUN
gjear-925	194	22	(	(	PUNCT
gjear-925	194	23	grjmss	grjmss	PROPN
gjear-925	194	24	)	)	PUNCT
gjear-925	194	25	vol	vol	NOUN
gjear-925	194	26	.	.	PROPN
gjear-925	194	27	13	13	NUM
gjear-925	194	28	(	(	PUNCT
gjear-925	194	29	1	1	NUM
gjear-925	194	30	)	)	PUNCT
gjear-925	194	31	pg	pg	NOUN
gjear-925	194	32	.	.	PROPN
gjear-925	194	33	19	19	NUM
gjear-925	194	34	marlinah	marlinah	PROPN
gjear-925	194	35	,	,	PUNCT
gjear-925	194	36	a.(2014).pengaruhkebijakanmodalkerjadanfaktorlainnyaterhadapprofitabilitasperusahaanma	a.(2014).pengaruhkebijakanmodalkerjadanfaktorlainnyaterhadapprofitabilitasperusahaanma	PROPN
gjear-925	194	37	nufaktur.jurnalbisnisdanakuntansi,16(2),103–113.https://doi.org	nufaktur.jurnalbisnisdanakuntansi,16(2),103–113.https://doi.org	PROPN
gjear-925	194	38	/	/	SYM
gjear-925	194	39	https://doi.org/10.34208	https://doi.org/10.34208	NOUN
gjear-925	194	40	/	/	SYM
gjear-925	194	41	jba.v16i2.79	jba.v16i2.79	ADJ
gjear-925	194	42	maulana	maulana	PROPN
gjear-925	194	43	,	,	PUNCT
gjear-925	194	44	z.	z.	PROPN
gjear-925	194	45	,	,	PUNCT
gjear-925	194	46	&	&	CCONJ
gjear-925	194	47	safa	safa	PROPN
gjear-925	194	48	,	,	PUNCT
gjear-925	194	49	a.	a.	PROPN
gjear-925	194	50	f.	f.	PROPN
gjear-925	194	51	(	(	PUNCT
gjear-925	194	52	2017	2017	NUM
gjear-925	194	53	)	)	PUNCT
gjear-925	194	54	.	.	PUNCT
gjear-925	195	1	pengaruh	pengaruh	PROPN
gjear-925	195	2	hutang	hutang	PROPN
gjear-925	195	3	jangka	jangka	PROPN
gjear-925	195	4	pendek	pendek	PROPN
gjear-925	195	5	dan	dan	PROPN
gjear-925	195	6	hutang	hutang	PROPN
gjear-925	195	7	jangka	jangka	PROPN
gjear-925	195	8	panjang	panjang	PROPN
gjear-925	195	9	terhadapprofitabilitaspadapt	terhadapprofitabilitaspadapt	PROPN
gjear-925	195	10	.	.	PUNCT
gjear-925	196	1	bank	bank	PROPN
gjear-925	196	2	mandiritbk,1(1	mandiritbk,1(1	PROPN
gjear-925	196	3	)	)	PUNCT
gjear-925	196	4	,	,	PUNCT
gjear-925	196	5	44–48	44–48	PROPN
gjear-925	196	6	.	.	PUNCT
gjear-925	197	1	nurfikri	nurfikri	PROPN
gjear-925	197	2	,	,	PUNCT
gjear-925	197	3	g.	g.	PROPN
gjear-925	197	4	s.	s.	PROPN
gjear-925	197	5	,	,	PUNCT
gjear-925	197	6	&	&	CCONJ
gjear-925	197	7	nuzula	nuzula	PROPN
gjear-925	197	8	,	,	PUNCT
gjear-925	197	9	n.	n.	PROPN
gjear-925	197	10	f.	f.	PROPN
gjear-925	197	11	(	(	PUNCT
gjear-925	197	12	2017	2017	NUM
gjear-925	197	13	)	)	PUNCT
gjear-925	197	14	.	.	PUNCT
gjear-925	198	1	pеngaruh	pеngaruh	PROPN
gjear-925	198	2	hutang	hutang	PROPN
gjear-925	198	3	jangka	jangka	PROPN
gjear-925	198	4	panjang	panjang	PROPN
gjear-925	198	5	tеrhadap	tеrhadap	PROPN
gjear-925	198	6	tingkat	tingkat	PROPN
gjear-925	198	7	profitabilitas(studi	profitabilitas(studi	PROPN
gjear-925	198	8	pada	pada	PROPN
gjear-925	198	9	pеrusahaan	pеrusahaan	PROPN
gjear-925	198	10	dеngan	dеngan	PROPN
gjear-925	198	11	tingkat	tingkat	PROPN
gjear-925	198	12	hutang	hutang	PROPN
gjear-925	198	13	yang	yang	PROPN
gjear-925	198	14	bеrbеda	bеrbеda	PROPN
gjear-925	198	15	di	di	PROPN
gjear-925	198	16	bursa	bursa	PROPN
gjear-925	198	17	еfеk	еfеk	PROPN
gjear-925	198	18	indonеsia	indonеsia	PROPN
gjear-925	198	19	pеriodе	pеriodе	NOUN
gjear-925	198	20	tahun20102015).jurnaladministrasibisnis(jab),50(1),136–145	tahun20102015).jurnaladministrasibisnis(jab),50(1),136–145	PROPN
gjear-925	198	21	.	.	PUNCT
gjear-925	199	1	nurhayati	nurhayati	NOUN
gjear-925	199	2	,	,	PUNCT
gjear-925	199	3	m.	m.	NOUN
gjear-925	199	4	(	(	PUNCT
gjear-925	199	5	2013	2013	NUM
gjear-925	199	6	)	)	PUNCT
gjear-925	199	7	.	.	PUNCT
gjear-925	200	1	profitabilitas	profitabilita	NOUN
gjear-925	200	2	,	,	PUNCT
gjear-925	200	3	likuiditas	likuiditas	PROPN
gjear-925	200	4	,	,	PUNCT
gjear-925	200	5	dan	dan	PROPN
gjear-925	200	6	ukuran	ukuran	PROPN
gjear-925	200	7	perusahaan	perusahaan	PROPN
gjear-925	200	8	pengaruhnya	pengaruhnya	PROPN
gjear-925	200	9	terhadap	terhadap	PROPN
gjear-925	200	10	kebijakandividendan	kebijakandividendan	PROPN
gjear-925	200	11	nilaiperusahaansektor	nilaiperusahaansektor	PROPN
gjear-925	200	12	nonjasa.jurnalkeuangan	nonjasa.jurnalkeuangan	PROPN
gjear-925	200	13	dan	dan	PROPN
gjear-925	200	14	bisnis,5(2	bisnis,5(2	PROPN
gjear-925	200	15	)	)	PUNCT
gjear-925	200	16	.	.	PUNCT
gjear-925	201	1	oxtaviana	oxtaviana	PROPN
gjear-925	201	2	,	,	PUNCT
gjear-925	201	3	t.a	t.a	PROPN
gjear-925	201	4	.	.	PROPN
gjear-925	201	5	,&khusbandiyah	,&khusbandiyah	PUNCT
gjear-925	201	6	,	,	PUNCT
gjear-925	201	7	a.(2016).pengaruhaktivatetap	a.(2016).pengaruhaktivatetap	NOUN
gjear-925	201	8	,	,	PUNCT
gjear-925	201	9	hutangjangkapanjangdanperputaran	hutangjangkapanjangdanperputaran	NOUN
gjear-925	201	10	modal	modal	PROPN
gjear-925	201	11	kerja	kerja	PROPN
gjear-925	201	12	terhadap	terhadap	PROPN
gjear-925	201	13	profitabilitas	profitabilitas	PROPN
gjear-925	201	14	pada	pada	PROPN
gjear-925	201	15	perusahaan	perusahaan	PROPN
gjear-925	201	16	manufaktur	manufaktur	PROPN
gjear-925	201	17	yang	yang	PROPN
gjear-925	201	18	terdaftar	terdaftar	PROPN
gjear-925	201	19	di	di	PROPN
gjear-925	201	20	bursaefekindonesia	bursaefekindonesia	PROPN
gjear-925	201	21	.	.	PUNCT
gjear-925	202	1	kompartemen	komparteman	NOUN
gjear-925	202	2	,	,	PUNCT
gjear-925	202	3	xiv(1	xiv(1	NUM
gjear-925	202	4	)	)	PUNCT
gjear-925	202	5	,	,	PUNCT
gjear-925	202	6	1–19	1–19	PROPN
gjear-925	202	7	.	.	PUNCT
gjear-925	202	8	ratna	ratna	PROPN
gjear-925	202	9	,	,	PUNCT
gjear-925	202	10	a.	a.	NOUN
gjear-925	202	11	(	(	PUNCT
gjear-925	202	12	2013	2013	NUM
gjear-925	202	13	)	)	PUNCT
gjear-925	202	14	.	.	PUNCT
gjear-925	203	1	analisis	analisis	ADJ
gjear-925	203	2	pengaruh	pengaruh	NOUN
gjear-925	203	3	pendanaan	pendanaan	PROPN
gjear-925	203	4	dari	dari	PROPN
gjear-925	203	5	luar	luar	PROPN
gjear-925	203	6	perusahaan	perusahaan	PROPN
gjear-925	203	7	dan	dan	PROPN
gjear-925	203	8	modal	modal	PROPN
gjear-925	203	9	sendiri	sendiri	PROPN
gjear-925	203	10	terhadaptingkatprofitabilitas	terhadaptingkatprofitabilitas	PROPN
gjear-925	203	11	pada	pada	PROPN
gjear-925	203	12	perusahaan	perusahaan	PROPN
gjear-925	203	13	automotive	automotive	PROPN
gjear-925	203	14	and	and	CCONJ
gjear-925	203	15	components	component	NOUN
gjear-925	203	16	yang	yang	PROPN
gjear-925	203	17	go	go	VERB
gjear-925	203	18	public	public	ADJ
gjear-925	203	19	di	di	X
gjear-925	203	20	bursa	bursa	PROPN
gjear-925	203	21	efek	efek	PROPN
gjear-925	203	22	indonesia.universitasnegerisurabaya	indonesia.universitasnegerisurabaya	PROPN
gjear-925	203	23	.	.	PUNCT
gjear-925	204	1	saputra	saputra	PROPN
gjear-925	204	2	,	,	PUNCT
gjear-925	204	3	d.	d.	PROPN
gjear-925	204	4	b.	b.	PROPN
gjear-925	204	5	(	(	PUNCT
gjear-925	204	6	2012	2012	NUM
gjear-925	204	7	)	)	PUNCT
gjear-925	204	8	.	.	PUNCT
gjear-925	205	1	analisis	analisis	ADJ
gjear-925	205	2	pengaruh	pengaruh	NOUN
gjear-925	205	3	pendanaan	pendanaan	PROPN
gjear-925	205	4	dari	dari	PROPN
gjear-925	205	5	luar	luar	PROPN
gjear-925	205	6	perusahaan	perusahaan	PROPN
gjear-925	205	7	dan	dan	PROPN
gjear-925	205	8	modal	modal	PROPN
gjear-925	205	9	sendiri	sendiri	PROPN
gjear-925	205	10	terhadaptingkatprofitabilitas	terhadaptingkatprofitabilitas	PROPN
gjear-925	205	11	padaperusahaan	padaperusahaan	NOUN
gjear-925	205	12	property	property	NOUN
gjear-925	205	13	and	and	CCONJ
gjear-925	205	14	real	real	ADJ
gjear-925	205	15	estateyang	estateyang	PROPN
gjear-925	205	16	gopublicdibursa	gopublicdibursa	PROPN
gjear-925	205	17	efekindonesia.universitas	efekindonesia.universitas	PROPN
gjear-925	205	18	lampung	lampung	NOUN
gjear-925	205	19	.	.	PUNCT
gjear-925	206	1	suartika	suartika	PROPN
gjear-925	206	2	,	,	PUNCT
gjear-925	206	3	p.	p.	NOUN
gjear-925	206	4	,	,	PUNCT
gjear-925	206	5	suartana	suartana	PROPN
gjear-925	206	6	,	,	PUNCT
gjear-925	206	7	&	&	CCONJ
gjear-925	206	8	dermawan	dermawan	PROPN
gjear-925	206	9	,	,	PUNCT
gjear-925	206	10	d.	d.	PROPN
gjear-925	206	11	p.	p.	PROPN
gjear-925	206	12	(	(	PUNCT
gjear-925	206	13	2013	2013	NUM
gjear-925	206	14	)	)	PUNCT
gjear-925	206	15	.	.	PUNCT
gjear-925	207	1	pengaruh	pengaruh	PROPN
gjear-925	207	2	aktiva	aktiva	PROPN
gjear-925	207	3	tetap	tetap	PROPN
gjear-925	207	4	,	,	PUNCT
gjear-925	207	5	hutang	hutang	PROPN
gjear-925	207	6	jangka	jangka	PROPN
gjear-925	207	7	panjang	panjang	PROPN
gjear-925	207	8	,	,	PUNCT
gjear-925	207	9	danmodal	danmodal	PROPN
gjear-925	207	10	terhadap	terhadap	PROPN
gjear-925	207	11	laba	laba	PROPN
gjear-925	207	12	bersih	bersih	PROPN
gjear-925	207	13	perusahaan	perusahaan	PROPN
gjear-925	207	14	agribisnis	agribisnis	PROPN
gjear-925	207	15	indeks	indek	VERB
gjear-925	207	16	lq	lq	VERB
gjear-925	207	17	45	45	NUM
gjear-925	207	18	yang	yang	PROPN
gjear-925	207	19	terdaftar	terdaftar	NOUN
gjear-925	207	20	di	di	PROPN
gjear-925	207	21	bursa	bursa	PROPN
gjear-925	207	22	efekindonesia.jurnalmanajemen	efekindonesia.jurnalmanajemen	PROPN
gjear-925	207	23	agribisnis	agribisnis	PROPN
gjear-925	207	24	,	,	PUNCT
gjear-925	207	25	1(2	1(2	NUM
gjear-925	207	26	)	)	PUNCT
gjear-925	207	27	,	,	PUNCT
gjear-925	207	28	76–97	76–97	NUM
gjear-925	207	29	.	.	PUNCT
gjear-925	208	1	sugiyono.(2016).metodepenelitiankuantitatifkualitatifdanr&d.bandung	sugiyono.(2016).metodepenelitiankuantitatifkualitatifdanr&d.bandung	PROPN
gjear-925	208	2	:	:	PUNCT
gjear-925	208	3	cvalfabeta	cvalfabeta	PROPN
gjear-925	208	4	.	.	PUNCT
gjear-925	209	1	sunaryo	sunaryo	PROPN
gjear-925	209	2	,	,	PUNCT
gjear-925	209	3	d.(2018).pengaruhutangjangkapendekdanutangjangkapanjangterhadapprofitabilitaspadaperus	d.(2018).pengaruhutangjangkapendekdanutangjangkapanjangterhadapprofitabilitaspadaperus	PROPN
gjear-925	209	4	ahaan	ahaan	PROPN
gjear-925	209	5	industri	industri	PROPN
gjear-925	209	6	makanan	makanan	PROPN
gjear-925	209	7	dan	dan	PROPN
gjear-925	209	8	minuman	minuman	PROPN
gjear-925	209	9	yang	yang	PROPN
gjear-925	209	10	terdaftar	terdaftar	PROPN
gjear-925	209	11	di	di	PROPN
gjear-925	209	12	bursa	bursa	PROPN
gjear-925	209	13	efek	efek	NOUN
gjear-925	209	14	indonesia	indonesia	PROPN
gjear-925	209	15	(	(	PUNCT
gjear-925	209	16	bei	bei	PROPN
gjear-925	209	17	)	)	PUNCT
gjear-925	209	18	periodetahun2013	periodetahun2013	PROPN
gjear-925	209	19	-	-	PUNCT
gjear-925	209	20	2017	2017	NUM
gjear-925	209	21	.	.	PUNCT
gjear-925	210	1	jurnalsainsmanajemen	jurnalsainsmanajeman	NOUN
gjear-925	210	2	,	,	PUNCT
gjear-925	210	3	4(1	4(1	NOUN
gjear-925	210	4	)	)	PUNCT
gjear-925	210	5	,	,	PUNCT
gjear-925	210	6	1–11	1–11	PROPN
gjear-925	210	7	.	.	PUNCT
