id	sid	tid	token	lemma	pos
gujaf-49	1	1	gusau	gusau	PROPN
gujaf-49	1	2	journal	journal	NOUN
gujaf-49	1	3	of	of	ADP
gujaf-49	1	4	accounting	accounting	NOUN
gujaf-49	1	5	and	and	CCONJ
gujaf-49	1	6	finance	finance	NOUN
gujaf-49	1	7	,	,	PUNCT
gujaf-49	1	8	vol	vol	NOUN
gujaf-49	1	9	.	.	PROPN
gujaf-49	1	10	2	2	NUM
gujaf-49	1	11	,	,	PUNCT
gujaf-49	1	12	issue	issue	NOUN
gujaf-49	1	13	1	1	NUM
gujaf-49	1	14	,	,	PUNCT
gujaf-49	1	15	april	april	PROPN
gujaf-49	1	16	,	,	PUNCT
gujaf-49	1	17	2021	2021	NUM
gujaf-49	1	18	1	1	NUM
gujaf-49	1	19	gusau	gusau	ADJ
gujaf-49	1	20	journal	journal	NOUN
gujaf-49	1	21	of	of	ADP
gujaf-49	1	22	accounting	accounting	NOUN
gujaf-49	1	23	and	and	CCONJ
gujaf-49	1	24	finance	finance	NOUN
gujaf-49	1	25	(	(	PUNCT
gujaf-49	1	26	gujaf	gujaf	NOUN
gujaf-49	1	27	)	)	PUNCT
gujaf-49	1	28	vol	vol	NOUN
gujaf-49	1	29	.	.	NOUN
gujaf-49	1	30	2	2	NUM
gujaf-49	1	31	issue	issue	NOUN
gujaf-49	1	32	1	1	NUM
gujaf-49	1	33	,	,	PUNCT
gujaf-49	1	34	april	april	PROPN
gujaf-49	1	35	,	,	PUNCT
gujaf-49	1	36	2021	2021	NUM
gujaf-49	1	37	issn	issn	X
gujaf-49	1	38	:	:	PUNCT
gujaf-49	1	39	2756	2756	NUM
gujaf-49	1	40	-	-	PUNCT
gujaf-49	1	41	665x	665x	NOUN
gujaf-49	1	42	a	a	DET
gujaf-49	1	43	publication	publication	NOUN
gujaf-49	1	44	of	of	ADP
gujaf-49	1	45	department	department	NOUN
gujaf-49	1	46	of	of	ADP
gujaf-49	1	47	accounting	accounting	NOUN
gujaf-49	1	48	and	and	CCONJ
gujaf-49	1	49	finance	finance	NOUN
gujaf-49	1	50	,	,	PUNCT
gujaf-49	1	51	faculty	faculty	NOUN
gujaf-49	1	52	of	of	ADP
gujaf-49	1	53	management	management	NOUN
gujaf-49	1	54	and	and	CCONJ
gujaf-49	1	55	social	social	ADJ
gujaf-49	1	56	sciences	science	NOUN
gujaf-49	1	57	,	,	PUNCT
gujaf-49	1	58	federal	federal	ADJ
gujaf-49	1	59	university	university	NOUN
gujaf-49	1	60	gusau	gusau	NOUN
gujaf-49	1	61	,	,	PUNCT
gujaf-49	1	62	zamfara	zamfara	PROPN
gujaf-49	1	63	state	state	PROPN
gujaf-49	1	64	-nigeria	-nigeria	PROPN
gujaf-49	1	65	gusau	gusau	ADJ
gujaf-49	1	66	journal	journal	NOUN
gujaf-49	1	67	of	of	ADP
gujaf-49	1	68	accounting	accounting	NOUN
gujaf-49	1	69	and	and	CCONJ
gujaf-49	1	70	finance	finance	NOUN
gujaf-49	1	71	,	,	PUNCT
gujaf-49	1	72	vol	vol	NOUN
gujaf-49	1	73	.	.	PROPN
gujaf-49	1	74	2	2	NUM
gujaf-49	1	75	,	,	PUNCT
gujaf-49	1	76	issue	issue	NOUN
gujaf-49	1	77	1	1	NUM
gujaf-49	1	78	,	,	PUNCT
gujaf-49	1	79	april	april	PROPN
gujaf-49	1	80	,	,	PUNCT
gujaf-49	1	81	2021	2021	NUM
gujaf-49	1	82	2	2	NUM
gujaf-49	1	83	interlocking	interlock	VERB
gujaf-49	1	84	board	board	NOUN
gujaf-49	1	85	membership	membership	NOUN
gujaf-49	1	86	and	and	CCONJ
gujaf-49	1	87	financial	financial	ADJ
gujaf-49	1	88	performance	performance	NOUN
gujaf-49	1	89	of	of	ADP
gujaf-49	1	90	listed	list	VERB
gujaf-49	1	91	firms	firm	NOUN
gujaf-49	1	92	in	in	ADP
gujaf-49	1	93	nigeria	nigeria	PROPN
gujaf-49	1	94	sunday	sunday	PROPN
gujaf-49	1	95	oseiweh	oseiweh	PROPN
gujaf-49	1	96	ogbeide	ogbeide	ADJ
gujaf-49	1	97	,	,	PUNCT
gujaf-49	1	98	phd	phd	NOUN
gujaf-49	1	99	department	department	PROPN
gujaf-49	1	100	of	of	ADP
gujaf-49	1	101	accounting	accounting	NOUN
gujaf-49	1	102	and	and	CCONJ
gujaf-49	1	103	finance	finance	NOUN
gujaf-49	1	104	faculty	faculty	NOUN
gujaf-49	1	105	of	of	ADP
gujaf-49	1	106	humanities	humanity	NOUN
gujaf-49	1	107	,	,	PUNCT
gujaf-49	1	108	social	social	ADJ
gujaf-49	1	109	and	and	CCONJ
gujaf-49	1	110	management	management	NOUN
gujaf-49	1	111	sciences	sciences	PROPN
gujaf-49	1	112	elizade	elizade	PROPN
gujaf-49	1	113	university	university	NOUN
gujaf-49	1	114	,	,	PUNCT
gujaf-49	1	115	ilaramokin	ilaramokin	X
gujaf-49	1	116	,	,	PUNCT
gujaf-49	1	117	ondo	ondo	NOUN
gujaf-49	1	118	state	state	PROPN
gujaf-49	1	119	,	,	PUNCT
gujaf-49	1	120	nigeria	nigeria	PROPN
gujaf-49	1	121	.	.	PUNCT
gujaf-49	2	1	+234(0	+234(0	X
gujaf-49	2	2	)	)	PUNCT
gujaf-49	2	3	8132490958	8132490958	NUM
gujaf-49	2	4	sunnyogbeide2017@gmail.com	sunnyogbeide2017@gmail.com	X
gujaf-49	3	1	isaac	isaac	PROPN
gujaf-49	3	2	olufemi	olufemi	PROPN
gujaf-49	3	3	adesuyi	adesuyi	PROPN
gujaf-49	3	4	,	,	PUNCT
gujaf-49	3	5	phd	phd	NOUN
gujaf-49	3	6	department	department	PROPN
gujaf-49	3	7	of	of	ADP
gujaf-49	3	8	business	business	PROPN
gujaf-49	3	9	administration	administration	PROPN
gujaf-49	3	10	faculty	faculty	NOUN
gujaf-49	3	11	of	of	ADP
gujaf-49	3	12	humanities	humanity	NOUN
gujaf-49	3	13	,	,	PUNCT
gujaf-49	3	14	social	social	ADJ
gujaf-49	3	15	and	and	CCONJ
gujaf-49	3	16	management	management	NOUN
gujaf-49	3	17	sciences	sciences	PROPN
gujaf-49	3	18	elizade	elizade	PROPN
gujaf-49	3	19	university	university	NOUN
gujaf-49	3	20	,	,	PUNCT
gujaf-49	3	21	ilaramokin	ilaramokin	X
gujaf-49	3	22	,	,	PUNCT
gujaf-49	3	23	ondo	ondo	NOUN
gujaf-49	3	24	state	state	PROPN
gujaf-49	3	25	,	,	PUNCT
gujaf-49	3	26	nigeria	nigeria	PROPN
gujaf-49	3	27	.	.	PUNCT
gujaf-49	4	1	fidelis	fidelis	PROPN
gujaf-49	4	2	uzuazorkare	uzuazorkare	VERB
gujaf-49	4	3	ogeh	ogeh	PROPN
gujaf-49	4	4	department	department	PROPN
gujaf-49	4	5	of	of	ADP
gujaf-49	4	6	economics	economics	PROPN
gujaf-49	4	7	benson	benson	PROPN
gujaf-49	4	8	idahosa	idahosa	PROPN
gujaf-49	4	9	university	university	PROPN
gujaf-49	4	10	,	,	PUNCT
gujaf-49	4	11	benin	benin	PROPN
gujaf-49	4	12	city	city	PROPN
gujaf-49	4	13	,	,	PUNCT
gujaf-49	4	14	edo	edo	PROPN
gujaf-49	4	15	state	state	PROPN
gujaf-49	4	16	,	,	PUNCT
gujaf-49	4	17	nigeria	nigeria	PROPN
gujaf-49	4	18	.	.	PUNCT
gujaf-49	5	1	abstract	abstract	ADJ
gujaf-49	5	2	this	this	DET
gujaf-49	5	3	study	study	NOUN
gujaf-49	5	4	examined	examine	VERB
gujaf-49	5	5	interlocking	interlock	VERB
gujaf-49	5	6	board	board	NOUN
gujaf-49	5	7	membership	membership	NOUN
gujaf-49	5	8	and	and	CCONJ
gujaf-49	5	9	financial	financial	ADJ
gujaf-49	5	10	performance	performance	NOUN
gujaf-49	5	11	of	of	ADP
gujaf-49	5	12	listed	list	VERB
gujaf-49	5	13	firms	firm	NOUN
gujaf-49	5	14	in	in	ADP
gujaf-49	5	15	nigeria	nigeria	PROPN
gujaf-49	5	16	.	.	PUNCT
gujaf-49	6	1	a	a	DET
gujaf-49	6	2	sample	sample	NOUN
gujaf-49	6	3	of	of	ADP
gujaf-49	6	4	fifty	fifty	NUM
gujaf-49	6	5	(	(	PUNCT
gujaf-49	6	6	50	50	NUM
gujaf-49	6	7	)	)	PUNCT
gujaf-49	6	8	listed	list	VERB
gujaf-49	6	9	nonfinancial	nonfinancial	ADJ
gujaf-49	6	10	firms	firm	NOUN
gujaf-49	6	11	was	be	AUX
gujaf-49	6	12	selected	select	VERB
gujaf-49	6	13	from	from	ADP
gujaf-49	6	14	the	the	DET
gujaf-49	6	15	population	population	NOUN
gujaf-49	6	16	using	use	VERB
gujaf-49	6	17	the	the	DET
gujaf-49	6	18	systematic	systematic	ADJ
gujaf-49	6	19	random	random	ADJ
gujaf-49	6	20	sampling	sampling	NOUN
gujaf-49	6	21	technique	technique	NOUN
gujaf-49	6	22	.	.	PUNCT
gujaf-49	7	1	the	the	DET
gujaf-49	7	2	data	datum	NOUN
gujaf-49	7	3	for	for	ADP
gujaf-49	7	4	the	the	DET
gujaf-49	7	5	period	period	NOUN
gujaf-49	7	6	,	,	PUNCT
gujaf-49	7	7	2007	2007	NUM
gujaf-49	7	8	to	to	ADP
gujaf-49	7	9	2018	2018	NUM
gujaf-49	7	10	was	be	AUX
gujaf-49	7	11	analyzed	analyze	VERB
gujaf-49	7	12	using	use	VERB
gujaf-49	7	13	the	the	DET
gujaf-49	7	14	descriptive	descriptive	ADJ
gujaf-49	7	15	statistics	statistic	NOUN
gujaf-49	7	16	,	,	PUNCT
gujaf-49	7	17	correlation	correlation	NOUN
gujaf-49	7	18	matrix	matrix	NOUN
gujaf-49	7	19	and	and	CCONJ
gujaf-49	7	20	the	the	DET
gujaf-49	7	21	general	general	ADJ
gujaf-49	7	22	method	method	NOUN
gujaf-49	7	23	of	of	ADP
gujaf-49	7	24	moment	moment	NOUN
gujaf-49	7	25	(	(	PUNCT
gujaf-49	7	26	gmm	gmm	NOUN
gujaf-49	7	27	)	)	PUNCT
gujaf-49	7	28	.	.	PUNCT
gujaf-49	8	1	findings	finding	NOUN
gujaf-49	8	2	revealed	reveal	VERB
gujaf-49	8	3	that	that	SCONJ
gujaf-49	8	4	the	the	DET
gujaf-49	8	5	one	one	NUM
gujaf-49	8	6	lag	lag	NOUN
gujaf-49	8	7	value	value	NOUN
gujaf-49	8	8	of	of	ADP
gujaf-49	8	9	the	the	DET
gujaf-49	8	10	returns	return	NOUN
gujaf-49	8	11	on	on	ADP
gujaf-49	8	12	equity	equity	NOUN
gujaf-49	8	13	is	be	AUX
gujaf-49	8	14	statistically	statistically	ADV
gujaf-49	8	15	significant	significant	ADJ
gujaf-49	8	16	and	and	CCONJ
gujaf-49	8	17	positively	positively	ADV
gujaf-49	8	18	correlated	correlate	VERB
gujaf-49	8	19	with	with	ADP
gujaf-49	8	20	the	the	DET
gujaf-49	8	21	firms	firm	NOUN
gujaf-49	8	22	’	’	PART
gujaf-49	8	23	financial	financial	ADJ
gujaf-49	8	24	performance	performance	NOUN
gujaf-49	8	25	.	.	PUNCT
gujaf-49	9	1	interlocking	interlock	VERB
gujaf-49	9	2	board	board	NOUN
gujaf-49	9	3	membership	membership	NOUN
gujaf-49	9	4	(	(	PUNCT
gujaf-49	9	5	ibm	ibm	PROPN
gujaf-49	9	6	)	)	PUNCT
gujaf-49	9	7	exerted	exert	VERB
gujaf-49	9	8	a	a	DET
gujaf-49	9	9	negative	negative	ADJ
gujaf-49	9	10	and	and	CCONJ
gujaf-49	9	11	significant	significant	ADJ
gujaf-49	9	12	impact	impact	NOUN
gujaf-49	9	13	on	on	ADP
gujaf-49	9	14	the	the	DET
gujaf-49	9	15	firms	firm	NOUN
gujaf-49	9	16	’	’	PART
gujaf-49	9	17	financial	financial	ADJ
gujaf-49	9	18	performance	performance	NOUN
gujaf-49	9	19	.	.	PUNCT
gujaf-49	10	1	board	board	NOUN
gujaf-49	10	2	size	size	NOUN
gujaf-49	10	3	exerted	exert	VERB
gujaf-49	10	4	a	a	DET
gujaf-49	10	5	positive	positive	ADJ
gujaf-49	10	6	impact	impact	NOUN
gujaf-49	10	7	on	on	ADP
gujaf-49	10	8	the	the	DET
gujaf-49	10	9	performance	performance	NOUN
gujaf-49	10	10	of	of	ADP
gujaf-49	10	11	the	the	DET
gujaf-49	10	12	firms	firm	NOUN
gujaf-49	10	13	,	,	PUNCT
gujaf-49	10	14	suggesting	suggest	VERB
gujaf-49	10	15	that	that	SCONJ
gujaf-49	10	16	a	a	DET
gujaf-49	10	17	relatively	relatively	ADV
gujaf-49	10	18	large	large	ADJ
gujaf-49	10	19	board	board	NOUN
gujaf-49	10	20	size	size	NOUN
gujaf-49	10	21	engenders	engender	NOUN
gujaf-49	10	22	conflicts	conflict	NOUN
gujaf-49	10	23	in	in	ADP
gujaf-49	10	24	decision	decision	NOUN
gujaf-49	10	25	making	making	NOUN
gujaf-49	10	26	and	and	CCONJ
gujaf-49	10	27	may	may	AUX
gujaf-49	10	28	hamper	hamper	VERB
gujaf-49	10	29	financial	financial	ADJ
gujaf-49	10	30	performance	performance	NOUN
gujaf-49	10	31	of	of	ADP
gujaf-49	10	32	firms	firm	NOUN
gujaf-49	10	33	.	.	PUNCT
gujaf-49	11	1	firm	firm	ADJ
gujaf-49	11	2	size	size	NOUN
gujaf-49	11	3	was	be	AUX
gujaf-49	11	4	positive	positive	ADJ
gujaf-49	11	5	and	and	CCONJ
gujaf-49	11	6	significant	significant	ADJ
gujaf-49	11	7	on	on	ADP
gujaf-49	11	8	the	the	DET
gujaf-49	11	9	firm	firm	ADJ
gujaf-49	11	10	performance	performance	NOUN
gujaf-49	11	11	in	in	ADP
gujaf-49	11	12	the	the	DET
gujaf-49	11	13	reference	reference	NOUN
gujaf-49	11	14	period	period	NOUN
gujaf-49	11	15	.	.	PUNCT
gujaf-49	12	1	implicitly	implicitly	ADV
gujaf-49	12	2	,	,	PUNCT
gujaf-49	12	3	board	board	NOUN
gujaf-49	12	4	interlocks	interlock	NOUN
gujaf-49	12	5	under	under	ADP
gujaf-49	12	6	the	the	DET
gujaf-49	12	7	upper	upper	ADJ
gujaf-49	12	8	echelon	echelon	NOUN
gujaf-49	12	9	theory	theory	NOUN
gujaf-49	12	10	,	,	PUNCT
gujaf-49	12	11	irrespective	irrespective	ADV
gujaf-49	12	12	of	of	ADP
gujaf-49	12	13	the	the	DET
gujaf-49	12	14	size	size	NOUN
gujaf-49	12	15	of	of	ADP
gujaf-49	12	16	the	the	DET
gujaf-49	12	17	board	board	NOUN
gujaf-49	12	18	is	be	AUX
gujaf-49	12	19	yet	yet	ADV
gujaf-49	12	20	a	a	DET
gujaf-49	12	21	key	key	ADJ
gujaf-49	12	22	driver	driver	NOUN
gujaf-49	12	23	of	of	ADP
gujaf-49	12	24	corporate	corporate	ADJ
gujaf-49	12	25	financial	financial	ADJ
gujaf-49	12	26	performance	performance	NOUN
gujaf-49	12	27	in	in	ADP
gujaf-49	12	28	nigeria	nigeria	PROPN
gujaf-49	12	29	.	.	PUNCT
gujaf-49	13	1	the	the	DET
gujaf-49	13	2	study	study	NOUN
gujaf-49	13	3	recommends	recommend	VERB
gujaf-49	13	4	that	that	SCONJ
gujaf-49	13	5	managerial	managerial	ADJ
gujaf-49	13	6	interlocking	interlocking	NOUN
gujaf-49	13	7	board	board	NOUN
gujaf-49	13	8	membership	membership	NOUN
gujaf-49	13	9	should	should	AUX
gujaf-49	13	10	be	be	AUX
gujaf-49	13	11	examined	examine	VERB
gujaf-49	13	12	in	in	ADP
gujaf-49	13	13	the	the	DET
gujaf-49	13	14	context	context	NOUN
gujaf-49	13	15	of	of	ADP
gujaf-49	13	16	agency	agency	NOUN
gujaf-49	13	17	relationship	relationship	NOUN
gujaf-49	13	18	on	on	ADP
gujaf-49	13	19	firm	firm	ADJ
gujaf-49	13	20	performance	performance	NOUN
gujaf-49	13	21	.	.	PUNCT
gujaf-49	14	1	there	there	PRON
gujaf-49	14	2	is	be	VERB
gujaf-49	14	3	need	need	NOUN
gujaf-49	14	4	for	for	SCONJ
gujaf-49	14	5	regulators	regulator	NOUN
gujaf-49	14	6	to	to	PART
gujaf-49	14	7	design	design	VERB
gujaf-49	14	8	a	a	DET
gujaf-49	14	9	framework	framework	NOUN
gujaf-49	14	10	on	on	ADP
gujaf-49	14	11	the	the	DET
gujaf-49	14	12	proportion	proportion	NOUN
gujaf-49	14	13	of	of	ADP
gujaf-49	14	14	board	board	NOUN
gujaf-49	14	15	interlocks	interlock	NOUN
gujaf-49	14	16	inclusion	inclusion	NOUN
gujaf-49	14	17	in	in	ADP
gujaf-49	14	18	firm	firm	PROPN
gujaf-49	14	19	board	board	PROPN
gujaf-49	14	20	.	.	PUNCT
gujaf-49	15	1	firm	firm	NOUN
gujaf-49	15	2	should	should	AUX
gujaf-49	15	3	be	be	AUX
gujaf-49	15	4	mandated	mandate	VERB
gujaf-49	15	5	to	to	PART
gujaf-49	15	6	disclose	disclose	VERB
gujaf-49	15	7	proportion	proportion	NOUN
gujaf-49	15	8	of	of	ADP
gujaf-49	15	9	board	board	NOUN
gujaf-49	15	10	interlock	interlock	NOUN
gujaf-49	15	11	as	as	SCONJ
gujaf-49	15	12	it	it	PRON
gujaf-49	15	13	will	will	AUX
gujaf-49	15	14	guide	guide	VERB
gujaf-49	15	15	researchers	researcher	NOUN
gujaf-49	15	16	in	in	ADP
gujaf-49	15	17	carrying	carry	VERB
gujaf-49	15	18	out	out	ADP
gujaf-49	15	19	critical	critical	ADJ
gujaf-49	15	20	analysis	analysis	NOUN
gujaf-49	15	21	for	for	ADP
gujaf-49	15	22	policy	policy	NOUN
gujaf-49	15	23	recommendations	recommendation	NOUN
gujaf-49	15	24	.	.	PUNCT
gujaf-49	16	1	key	key	ADJ
gujaf-49	16	2	words	word	NOUN
gujaf-49	16	3	:	:	PUNCT
gujaf-49	16	4	interlocking	interlock	VERB
gujaf-49	16	5	board	board	NOUN
gujaf-49	16	6	membership	membership	NOUN
gujaf-49	16	7	,	,	PUNCT
gujaf-49	16	8	board	board	NOUN
gujaf-49	16	9	size	size	NOUN
gujaf-49	16	10	,	,	PUNCT
gujaf-49	16	11	firm	firm	ADJ
gujaf-49	16	12	size	size	NOUN
gujaf-49	16	13	and	and	CCONJ
gujaf-49	16	14	financial	financial	ADJ
gujaf-49	16	15	performance	performance	NOUN
gujaf-49	16	16	.	.	PUNCT
gujaf-49	17	1	jel	jel	PROPN
gujaf-49	17	2	classification	classification	NOUN
gujaf-49	17	3	:	:	PUNCT
gujaf-49	17	4	g32	g32	NOUN
gujaf-49	17	5	,	,	PUNCT
gujaf-49	17	6	l14	l14	PROPN
gujaf-49	17	7	,	,	PUNCT
gujaf-49	17	8	l22	l22	NOUN
gujaf-49	17	9	1	1	NUM
gujaf-49	17	10	.	.	PUNCT
gujaf-49	17	11	introduction	introduction	NOUN
gujaf-49	17	12	a	a	DET
gujaf-49	17	13	board	board	NOUN
gujaf-49	17	14	of	of	ADP
gujaf-49	17	15	director	director	NOUN
gujaf-49	17	16	may	may	AUX
gujaf-49	17	17	be	be	AUX
gujaf-49	17	18	at	at	ADP
gujaf-49	17	19	liberty	liberty	NOUN
gujaf-49	17	20	to	to	PART
gujaf-49	17	21	hold	hold	VERB
gujaf-49	17	22	several	several	ADJ
gujaf-49	17	23	positions	position	NOUN
gujaf-49	17	24	in	in	ADP
gujaf-49	17	25	different	different	ADJ
gujaf-49	17	26	firms	firm	NOUN
gujaf-49	17	27	in	in	ADP
gujaf-49	17	28	as	as	ADV
gujaf-49	17	29	much	much	ADJ
gujaf-49	17	30	as	as	SCONJ
gujaf-49	17	31	the	the	DET
gujaf-49	17	32	opportunity	opportunity	NOUN
gujaf-49	17	33	exists	exist	VERB
gujaf-49	17	34	and	and	CCONJ
gujaf-49	17	35	the	the	DET
gujaf-49	17	36	corporate	corporate	ADJ
gujaf-49	17	37	governance	governance	NOUN
gujaf-49	17	38	code	code	NOUN
gujaf-49	17	39	of	of	ADP
gujaf-49	17	40	best	good	ADJ
gujaf-49	17	41	practices	practice	NOUN
gujaf-49	17	42	allows	allow	VERB
gujaf-49	17	43	it	it	PRON
gujaf-49	17	44	.	.	PUNCT
gujaf-49	18	1	the	the	DET
gujaf-49	18	2	tiers	tier	NOUN
gujaf-49	18	3	of	of	ADP
gujaf-49	18	4	board	board	NOUN
gujaf-49	18	5	interlocks	interlock	NOUN
gujaf-49	18	6	,	,	PUNCT
gujaf-49	18	7	viz	viz	NOUN
gujaf-49	18	8	-	-	PUNCT
gujaf-49	18	9	a	a	DET
gujaf-49	18	10	viz	viz	PROPN
gujaf-49	18	11	,	,	PUNCT
gujaf-49	18	12	the	the	DET
gujaf-49	18	13	executive	executive	ADJ
gujaf-49	18	14	and	and	CCONJ
gujaf-49	18	15	non	non	ADJ
gujaf-49	18	16	-	-	ADJ
gujaf-49	18	17	executive	executive	ADJ
gujaf-49	18	18	membership	membership	NOUN
gujaf-49	18	19	are	be	AUX
gujaf-49	18	20	imperative	imperative	ADJ
gujaf-49	18	21	for	for	ADP
gujaf-49	18	22	a	a	DET
gujaf-49	18	23	firm	firm	ADJ
gujaf-49	18	24	operation	operation	NOUN
gujaf-49	18	25	and	and	CCONJ
gujaf-49	18	26	performance	performance	NOUN
gujaf-49	18	27	.	.	PUNCT
gujaf-49	19	1	in	in	ADP
gujaf-49	19	2	a	a	DET
gujaf-49	19	3	large	large	ADJ
gujaf-49	19	4	board	board	NOUN
gujaf-49	19	5	size	size	NOUN
gujaf-49	19	6	with	with	ADP
gujaf-49	19	7	little	little	ADJ
gujaf-49	19	8	number	number	NOUN
gujaf-49	19	9	of	of	ADP
gujaf-49	19	10	executive	executive	ADJ
gujaf-49	19	11	board	board	NOUN
gujaf-49	19	12	members	member	NOUN
gujaf-49	19	13	,	,	PUNCT
gujaf-49	19	14	inclusion	inclusion	NOUN
gujaf-49	19	15	of	of	ADP
gujaf-49	19	16	higher	high	ADJ
gujaf-49	19	17	proportion	proportion	NOUN
gujaf-49	19	18	of	of	ADP
gujaf-49	19	19	board	board	NOUN
gujaf-49	19	20	independence	independence	NOUN
gujaf-49	19	21	,	,	PUNCT
gujaf-49	19	22	regardless	regardless	ADV
gujaf-49	19	23	of	of	ADP
gujaf-49	19	24	their	their	PRON
gujaf-49	19	25	connection	connection	NOUN
gujaf-49	19	26	to	to	ADP
gujaf-49	19	27	other	other	ADJ
gujaf-49	19	28	firms	firm	NOUN
gujaf-49	19	29	,	,	PUNCT
gujaf-49	19	30	tends	tend	VERB
gujaf-49	19	31	to	to	PART
gujaf-49	19	32	engender	engender	VERB
gujaf-49	19	33	the	the	DET
gujaf-49	19	34	practices	practice	NOUN
gujaf-49	19	35	of	of	ADP
gujaf-49	19	36	multiple	multiple	ADJ
gujaf-49	19	37	directorship	directorship	NOUN
gujaf-49	19	38	.	.	PUNCT
gujaf-49	20	1	so	so	ADV
gujaf-49	20	2	,	,	PUNCT
gujaf-49	20	3	the	the	DET
gujaf-49	20	4	practice	practice	NOUN
gujaf-49	20	5	of	of	ADP
gujaf-49	20	6	board	board	NOUN
gujaf-49	20	7	interlocks	interlock	NOUN
gujaf-49	20	8	seeks	seek	VERB
gujaf-49	20	9	to	to	PART
gujaf-49	20	10	enhance	enhance	VERB
gujaf-49	20	11	links	link	NOUN
gujaf-49	20	12	and	and	CCONJ
gujaf-49	20	13	network	network	NOUN
gujaf-49	20	14	among	among	ADP
gujaf-49	20	15	firms	firm	NOUN
gujaf-49	20	16	.	.	PUNCT
gujaf-49	21	1	this	this	DET
gujaf-49	21	2	practice	practice	NOUN
gujaf-49	21	3	enables	enable	VERB
gujaf-49	21	4	firms	firm	NOUN
gujaf-49	21	5	to	to	PART
gujaf-49	21	6	coopt	coopt	VERB
gujaf-49	21	7	,	,	PUNCT
gujaf-49	21	8	monitor	monitor	VERB
gujaf-49	21	9	each	each	DET
gujaf-49	21	10	other	other	ADJ
gujaf-49	21	11	and	and	CCONJ
gujaf-49	21	12	provide	provide	VERB
gujaf-49	21	13	information	information	NOUN
gujaf-49	21	14	on	on	ADP
gujaf-49	21	15	business	business	NOUN
gujaf-49	21	16	models	model	NOUN
gujaf-49	21	17	(	(	PUNCT
gujaf-49	21	18	see	see	VERB
gujaf-49	21	19	dooley	dooley	NOUN
gujaf-49	21	20	,	,	PUNCT
gujaf-49	21	21	1969	1969	NUM
gujaf-49	21	22	;	;	PUNCT
gujaf-49	21	23	davis	davis	PROPN
gujaf-49	21	24	,	,	PUNCT
gujaf-49	21	25	1991	1991	NUM
gujaf-49	21	26	;	;	PUNCT
gujaf-49	21	27	mizruchi	mizruchi	PROPN
gujaf-49	21	28	&	&	CCONJ
gujaf-49	21	29	stearns	stearns	PROPN
gujaf-49	21	30	,	,	PUNCT
gujaf-49	21	31	1994	1994	NUM
gujaf-49	21	32	)	)	PUNCT
gujaf-49	21	33	.	.	PUNCT
gujaf-49	22	1	mailto:sunnyogbeide2017@gmail.com	mailto:sunnyogbeide2017@gmail.com	X
gujaf-49	22	2	gusau	gusau	PROPN
gujaf-49	22	3	journal	journal	NOUN
gujaf-49	22	4	of	of	ADP
gujaf-49	22	5	accounting	accounting	NOUN
gujaf-49	22	6	and	and	CCONJ
gujaf-49	22	7	finance	finance	NOUN
gujaf-49	22	8	,	,	PUNCT
gujaf-49	22	9	vol	vol	NOUN
gujaf-49	22	10	.	.	PROPN
gujaf-49	22	11	2	2	NUM
gujaf-49	22	12	,	,	PUNCT
gujaf-49	22	13	issue	issue	NOUN
gujaf-49	22	14	1	1	NUM
gujaf-49	22	15	,	,	PUNCT
gujaf-49	22	16	april	april	PROPN
gujaf-49	22	17	,	,	PUNCT
gujaf-49	22	18	2021	2021	NUM
gujaf-49	22	19	3	3	NUM
gujaf-49	22	20	one	one	NUM
gujaf-49	22	21	of	of	ADP
gujaf-49	22	22	the	the	DET
gujaf-49	22	23	influencing	influence	VERB
gujaf-49	22	24	variables	variable	NOUN
gujaf-49	22	25	of	of	ADP
gujaf-49	22	26	board	board	NOUN
gujaf-49	22	27	interlocks	interlock	NOUN
gujaf-49	22	28	in	in	ADP
gujaf-49	22	29	firms	firm	NOUN
gujaf-49	22	30	is	be	AUX
gujaf-49	22	31	net	net	ADJ
gujaf-49	22	32	worth	worth	NOUN
gujaf-49	22	33	and	and	CCONJ
gujaf-49	22	34	integrity	integrity	NOUN
gujaf-49	22	35	(	(	PUNCT
gujaf-49	22	36	okpamen	okpaman	NOUN
gujaf-49	22	37	&	&	CCONJ
gujaf-49	22	38	ogbeide	ogbeide	ADJ
gujaf-49	22	39	,	,	PUNCT
gujaf-49	22	40	2020	2020	NUM
gujaf-49	22	41	)	)	PUNCT
gujaf-49	22	42	.	.	PUNCT
gujaf-49	23	1	board	board	NOUN
gujaf-49	23	2	directors	director	NOUN
gujaf-49	23	3	with	with	ADP
gujaf-49	23	4	high	high	ADJ
gujaf-49	23	5	integrity	integrity	NOUN
gujaf-49	23	6	are	be	AUX
gujaf-49	23	7	in	in	ADP
gujaf-49	23	8	high	high	ADJ
gujaf-49	23	9	demand	demand	NOUN
gujaf-49	23	10	in	in	ADP
gujaf-49	23	11	multinational	multinational	ADJ
gujaf-49	23	12	firms	firm	NOUN
gujaf-49	23	13	globally	globally	ADV
gujaf-49	23	14	.	.	PUNCT
gujaf-49	24	1	this	this	PRON
gujaf-49	24	2	easily	easily	ADV
gujaf-49	24	3	places	place	VERB
gujaf-49	24	4	them	they	PRON
gujaf-49	24	5	with	with	ADP
gujaf-49	24	6	multiple	multiple	ADJ
gujaf-49	24	7	directorships	directorship	NOUN
gujaf-49	24	8	in	in	ADP
gujaf-49	24	9	various	various	ADJ
gujaf-49	24	10	firms	firm	NOUN
gujaf-49	24	11	.	.	PUNCT
gujaf-49	25	1	multiple	multiple	ADJ
gujaf-49	25	2	directorship	directorship	NOUN
gujaf-49	25	3	rises	rise	VERB
gujaf-49	25	4	to	to	ADP
gujaf-49	25	5	interlocking	interlock	VERB
gujaf-49	25	6	board	board	NOUN
gujaf-49	25	7	membership	membership	NOUN
gujaf-49	25	8	.	.	PUNCT
gujaf-49	26	1	interlocking	interlock	VERB
gujaf-49	26	2	board	board	NOUN
gujaf-49	26	3	membership	membership	NOUN
gujaf-49	26	4	involves	involve	VERB
gujaf-49	26	5	directors	director	NOUN
gujaf-49	26	6	who	who	PRON
gujaf-49	26	7	may	may	AUX
gujaf-49	26	8	be	be	AUX
gujaf-49	26	9	from	from	ADP
gujaf-49	26	10	other	other	ADJ
gujaf-49	26	11	countries	country	NOUN
gujaf-49	26	12	,	,	PUNCT
gujaf-49	26	13	race	race	NOUN
gujaf-49	26	14	,	,	PUNCT
gujaf-49	26	15	ethnic	ethnic	ADJ
gujaf-49	26	16	and	and	CCONJ
gujaf-49	26	17	religion	religion	NOUN
gujaf-49	26	18	having	have	VERB
gujaf-49	26	19	multiple	multiple	ADJ
gujaf-49	26	20	seats	seat	NOUN
gujaf-49	26	21	in	in	ADP
gujaf-49	26	22	different	different	ADJ
gujaf-49	26	23	firms	firm	NOUN
gujaf-49	26	24	.	.	PUNCT
gujaf-49	27	1	beyond	beyond	ADP
gujaf-49	27	2	the	the	DET
gujaf-49	27	3	multiplicity	multiplicity	NOUN
gujaf-49	27	4	of	of	ADP
gujaf-49	27	5	directorship	directorship	NOUN
gujaf-49	27	6	role	role	NOUN
gujaf-49	27	7	,	,	PUNCT
gujaf-49	27	8	interlocking	interlock	VERB
gujaf-49	27	9	refers	refer	VERB
gujaf-49	27	10	to	to	ADP
gujaf-49	27	11	the	the	DET
gujaf-49	27	12	phenomena	phenomenon	NOUN
gujaf-49	27	13	where	where	SCONJ
gujaf-49	27	14	a	a	DET
gujaf-49	27	15	director	director	NOUN
gujaf-49	27	16	in	in	ADP
gujaf-49	27	17	a	a	DET
gujaf-49	27	18	parent	parent	NOUN
gujaf-49	27	19	firm	firm	NOUN
gujaf-49	27	20	occupies	occupy	VERB
gujaf-49	27	21	more	more	ADJ
gujaf-49	27	22	seats	seat	NOUN
gujaf-49	27	23	in	in	ADP
gujaf-49	27	24	subsidiary	subsidiary	NOUN
gujaf-49	27	25	firm	firm	NOUN
gujaf-49	27	26	’	'	PUNCT
gujaf-49	27	27	board	board	NOUN
gujaf-49	27	28	or	or	CCONJ
gujaf-49	27	29	in	in	ADP
gujaf-49	27	30	another	another	DET
gujaf-49	27	31	firm	firm	NOUN
gujaf-49	27	32	in	in	ADP
gujaf-49	27	33	other	other	ADJ
gujaf-49	27	34	industries	industry	NOUN
gujaf-49	27	35	.	.	PUNCT
gujaf-49	28	1	the	the	DET
gujaf-49	28	2	financial	financial	ADJ
gujaf-49	28	3	expertise	expertise	NOUN
gujaf-49	28	4	,	,	PUNCT
gujaf-49	28	5	accounting	accounting	NOUN
gujaf-49	28	6	professionalism	professionalism	NOUN
gujaf-49	28	7	,	,	PUNCT
gujaf-49	28	8	managerial	managerial	ADJ
gujaf-49	28	9	wizardry	wizardry	ADJ
gujaf-49	28	10	and	and	CCONJ
gujaf-49	28	11	experiences	experience	NOUN
gujaf-49	28	12	and	and	CCONJ
gujaf-49	28	13	social	social	ADJ
gujaf-49	28	14	network	network	NOUN
gujaf-49	28	15	worth	worth	ADJ
gujaf-49	28	16	are	be	AUX
gujaf-49	28	17	some	some	DET
gujaf-49	28	18	drivers	driver	NOUN
gujaf-49	28	19	of	of	ADP
gujaf-49	28	20	interlocking	interlock	VERB
gujaf-49	28	21	board	board	NOUN
gujaf-49	28	22	membership	membership	NOUN
gujaf-49	28	23	in	in	ADP
gujaf-49	28	24	firms	firm	NOUN
gujaf-49	28	25	globally	globally	ADV
gujaf-49	28	26	.	.	PUNCT
gujaf-49	29	1	hence	hence	ADV
gujaf-49	29	2	,	,	PUNCT
gujaf-49	29	3	westphal	westphal	PROPN
gujaf-49	29	4	,	,	PUNCT
gujaf-49	29	5	seidel	seidel	PROPN
gujaf-49	29	6	and	and	CCONJ
gujaf-49	29	7	stewart	stewart	PROPN
gujaf-49	29	8	(	(	PUNCT
gujaf-49	29	9	2001	2001	NUM
gujaf-49	29	10	)	)	PUNCT
gujaf-49	29	11	identified	identify	VERB
gujaf-49	29	12	board	board	NOUN
gujaf-49	29	13	interlock	interlock	NOUN
gujaf-49	29	14	as	as	ADP
gujaf-49	29	15	a	a	DET
gujaf-49	29	16	principal	principal	ADJ
gujaf-49	29	17	conduit	conduit	NOUN
gujaf-49	29	18	for	for	ADP
gujaf-49	29	19	dissemination	dissemination	NOUN
gujaf-49	29	20	of	of	ADP
gujaf-49	29	21	innovations	innovation	NOUN
gujaf-49	29	22	and	and	CCONJ
gujaf-49	29	23	business	business	NOUN
gujaf-49	29	24	practices	practice	NOUN
gujaf-49	29	25	in	in	ADP
gujaf-49	29	26	the	the	DET
gujaf-49	29	27	ever	ever	ADV
gujaf-49	29	28	dynamic	dynamic	ADJ
gujaf-49	29	29	corporate	corporate	ADJ
gujaf-49	29	30	world	world	NOUN
gujaf-49	29	31	.	.	PUNCT
gujaf-49	30	1	in	in	ADP
gujaf-49	30	2	the	the	DET
gujaf-49	30	3	emerging	emerge	VERB
gujaf-49	30	4	markets	market	NOUN
gujaf-49	30	5	such	such	ADJ
gujaf-49	30	6	as	as	ADP
gujaf-49	30	7	nigeria	nigeria	PROPN
gujaf-49	30	8	,	,	PUNCT
gujaf-49	30	9	the	the	DET
gujaf-49	30	10	corporate	corporate	ADJ
gujaf-49	30	11	governance	governance	NOUN
gujaf-49	30	12	code	code	NOUN
gujaf-49	30	13	of	of	ADP
gujaf-49	30	14	best	good	ADJ
gujaf-49	30	15	practices	practice	NOUN
gujaf-49	30	16	has	have	AUX
gujaf-49	30	17	not	not	PART
gujaf-49	30	18	explicitly	explicitly	ADV
gujaf-49	30	19	stated	state	VERB
gujaf-49	30	20	the	the	DET
gujaf-49	30	21	prerequisite	prerequisite	NOUN
gujaf-49	30	22	for	for	ADP
gujaf-49	30	23	interlocking	interlock	VERB
gujaf-49	30	24	board	board	NOUN
gujaf-49	30	25	members	member	NOUN
gujaf-49	30	26	inclusivity	inclusivity	VERB
gujaf-49	30	27	in	in	ADP
gujaf-49	30	28	firms	firm	NOUN
gujaf-49	30	29	.	.	PUNCT
gujaf-49	31	1	this	this	PRON
gujaf-49	31	2	may	may	AUX
gujaf-49	31	3	be	be	AUX
gujaf-49	31	4	one	one	NUM
gujaf-49	31	5	of	of	ADP
gujaf-49	31	6	the	the	DET
gujaf-49	31	7	factors	factor	NOUN
gujaf-49	31	8	which	which	PRON
gujaf-49	31	9	seem	seem	VERB
gujaf-49	31	10	to	to	PART
gujaf-49	31	11	limit	limit	VERB
gujaf-49	31	12	researchers	researcher	NOUN
gujaf-49	31	13	over	over	ADP
gujaf-49	31	14	the	the	DET
gujaf-49	31	15	years	year	NOUN
gujaf-49	31	16	in	in	ADP
gujaf-49	31	17	analyzing	analyze	VERB
gujaf-49	31	18	the	the	DET
gujaf-49	31	19	impact	impact	NOUN
gujaf-49	31	20	of	of	ADP
gujaf-49	31	21	board	board	NOUN
gujaf-49	31	22	interlocks	interlock	NOUN
gujaf-49	31	23	on	on	ADP
gujaf-49	31	24	firms	firm	NOUN
gujaf-49	31	25	’	’	PART
gujaf-49	31	26	operation	operation	NOUN
gujaf-49	31	27	and	and	CCONJ
gujaf-49	31	28	financial	financial	ADJ
gujaf-49	31	29	performances	performance	NOUN
gujaf-49	31	30	in	in	ADP
gujaf-49	31	31	developing	develop	VERB
gujaf-49	31	32	countries	country	NOUN
gujaf-49	31	33	in	in	ADP
gujaf-49	31	34	the	the	DET
gujaf-49	31	35	nigerian	nigerian	ADJ
gujaf-49	31	36	corporate	corporate	ADJ
gujaf-49	31	37	environment	environment	NOUN
gujaf-49	31	38	.	.	PUNCT
gujaf-49	32	1	similarly	similarly	ADV
gujaf-49	32	2	,	,	PUNCT
gujaf-49	32	3	the	the	DET
gujaf-49	32	4	constant	constant	ADJ
gujaf-49	32	5	corporate	corporate	ADJ
gujaf-49	32	6	board	board	NOUN
gujaf-49	32	7	room	room	NOUN
gujaf-49	32	8	squabbles	squabble	NOUN
gujaf-49	32	9	and	and	CCONJ
gujaf-49	32	10	unhealthy	unhealthy	ADJ
gujaf-49	32	11	politicking	politicking	NOUN
gujaf-49	32	12	among	among	ADP
gujaf-49	32	13	existing	exist	VERB
gujaf-49	32	14	directors	director	NOUN
gujaf-49	32	15	in	in	ADP
gujaf-49	32	16	boards	board	NOUN
gujaf-49	32	17	’	’	PART
gujaf-49	32	18	appointment	appointment	NOUN
gujaf-49	32	19	and	and	CCONJ
gujaf-49	32	20	managerial	managerial	ADJ
gujaf-49	32	21	positions	position	NOUN
gujaf-49	32	22	in	in	ADP
gujaf-49	32	23	the	the	DET
gujaf-49	32	24	corporate	corporate	ADJ
gujaf-49	32	25	world	world	NOUN
gujaf-49	32	26	may	may	AUX
gujaf-49	32	27	be	be	AUX
gujaf-49	32	28	a	a	DET
gujaf-49	32	29	contributing	contribute	VERB
gujaf-49	32	30	factor	factor	NOUN
gujaf-49	32	31	for	for	ADP
gujaf-49	32	32	the	the	DET
gujaf-49	32	33	low	low	ADJ
gujaf-49	32	34	encouragement	encouragement	NOUN
gujaf-49	32	35	of	of	ADP
gujaf-49	32	36	board	board	NOUN
gujaf-49	32	37	interlocks	interlock	NOUN
gujaf-49	32	38	in	in	ADP
gujaf-49	32	39	developing	develop	VERB
gujaf-49	32	40	countries	country	NOUN
gujaf-49	32	41	such	such	DET
gujaf-49	32	42	a	a	DET
gujaf-49	32	43	nigeria	nigeria	PROPN
gujaf-49	32	44	.	.	PUNCT
gujaf-49	33	1	this	this	DET
gujaf-49	33	2	poor	poor	ADJ
gujaf-49	33	3	encouragement	encouragement	NOUN
gujaf-49	33	4	of	of	ADP
gujaf-49	33	5	boards	board	NOUN
gujaf-49	33	6	interlock	interlock	VERB
gujaf-49	33	7	diversity	diversity	NOUN
gujaf-49	33	8	culture	culture	NOUN
gujaf-49	33	9	in	in	ADP
gujaf-49	33	10	nigerian	nigerian	ADJ
gujaf-49	33	11	firm	firm	NOUN
gujaf-49	33	12	,	,	PUNCT
gujaf-49	33	13	requires	require	VERB
gujaf-49	33	14	timely	timely	ADJ
gujaf-49	33	15	policy	policy	NOUN
gujaf-49	33	16	thrust	thrust	VERB
gujaf-49	33	17	by	by	ADP
gujaf-49	33	18	the	the	DET
gujaf-49	33	19	government	government	NOUN
gujaf-49	33	20	through	through	ADP
gujaf-49	33	21	regulators	regulator	NOUN
gujaf-49	33	22	to	to	PART
gujaf-49	33	23	enhance	enhance	VERB
gujaf-49	33	24	corporate	corporate	ADJ
gujaf-49	33	25	governance	governance	NOUN
gujaf-49	33	26	best	good	ADJ
gujaf-49	33	27	practice	practice	NOUN
gujaf-49	33	28	towards	towards	ADP
gujaf-49	33	29	promoting	promote	VERB
gujaf-49	33	30	firms	firm	NOUN
gujaf-49	33	31	’	’	PART
gujaf-49	33	32	operations	operation	NOUN
gujaf-49	33	33	,	,	PUNCT
gujaf-49	33	34	financial	financial	ADJ
gujaf-49	33	35	performance	performance	NOUN
gujaf-49	33	36	and	and	CCONJ
gujaf-49	33	37	maximization	maximization	NOUN
gujaf-49	33	38	of	of	ADP
gujaf-49	33	39	shareholder	shareholder	NOUN
gujaf-49	33	40	’s	’s	PART
gujaf-49	33	41	wealth	wealth	NOUN
gujaf-49	33	42	.	.	PUNCT
gujaf-49	34	1	while	while	SCONJ
gujaf-49	34	2	plethora	plethora	ADV
gujaf-49	34	3	of	of	ADP
gujaf-49	34	4	researches	research	NOUN
gujaf-49	34	5	such	such	ADJ
gujaf-49	34	6	as	as	ADP
gujaf-49	34	7	richardson	richardson	PROPN
gujaf-49	34	8	(	(	PUNCT
gujaf-49	34	9	1987	1987	NUM
gujaf-49	34	10	)	)	PUNCT
gujaf-49	34	11	;	;	PUNCT
gujaf-49	34	12	geletkanycz	geletkanycz	NOUN
gujaf-49	34	13	and	and	CCONJ
gujaf-49	34	14	boyd	boyd	PROPN
gujaf-49	34	15	(	(	PUNCT
gujaf-49	34	16	2011	2011	NUM
gujaf-49	34	17	)	)	PUNCT
gujaf-49	34	18	;	;	PUNCT
gujaf-49	34	19	pye	pye	PROPN
gujaf-49	34	20	,	,	PUNCT
gujaf-49	34	21	kaczmarek	kaczmarek	PROPN
gujaf-49	34	22	and	and	CCONJ
gujaf-49	34	23	kimino	kimino	PROPN
gujaf-49	34	24	(	(	PUNCT
gujaf-49	34	25	2015	2015	NUM
gujaf-49	34	26	)	)	PUNCT
gujaf-49	34	27	critically	critically	ADV
gujaf-49	34	28	examined	examine	VERB
gujaf-49	34	29	the	the	DET
gujaf-49	34	30	implication	implication	NOUN
gujaf-49	34	31	of	of	ADP
gujaf-49	34	32	interlocking	interlock	VERB
gujaf-49	34	33	board	board	NOUN
gujaf-49	34	34	membership	membership	NOUN
gujaf-49	34	35	in	in	ADP
gujaf-49	34	36	firm	firm	ADJ
gujaf-49	34	37	performance	performance	NOUN
gujaf-49	34	38	in	in	ADP
gujaf-49	34	39	developed	develop	VERB
gujaf-49	34	40	nations	nation	NOUN
gujaf-49	34	41	of	of	ADP
gujaf-49	34	42	the	the	DET
gujaf-49	34	43	world	world	NOUN
gujaf-49	34	44	,	,	PUNCT
gujaf-49	34	45	the	the	DET
gujaf-49	34	46	same	same	ADJ
gujaf-49	34	47	can	can	AUX
gujaf-49	34	48	not	not	PART
gujaf-49	34	49	be	be	AUX
gujaf-49	34	50	said	say	VERB
gujaf-49	34	51	in	in	ADP
gujaf-49	34	52	developing	develop	VERB
gujaf-49	34	53	countries	country	NOUN
gujaf-49	34	54	such	such	ADJ
gujaf-49	34	55	as	as	ADP
gujaf-49	34	56	nigeria	nigeria	PROPN
gujaf-49	34	57	.	.	PUNCT
gujaf-49	35	1	this	this	DET
gujaf-49	35	2	gap	gap	NOUN
gujaf-49	35	3	may	may	AUX
gujaf-49	35	4	be	be	AUX
gujaf-49	35	5	adduced	adduce	VERB
gujaf-49	35	6	to	to	ADP
gujaf-49	35	7	differences	difference	NOUN
gujaf-49	35	8	in	in	ADP
gujaf-49	35	9	regulation	regulation	NOUN
gujaf-49	35	10	among	among	ADP
gujaf-49	35	11	varying	vary	VERB
gujaf-49	35	12	climes	clime	NOUN
gujaf-49	35	13	.	.	PUNCT
gujaf-49	36	1	another	another	DET
gujaf-49	36	2	main	main	ADJ
gujaf-49	36	3	reason	reason	NOUN
gujaf-49	36	4	for	for	ADP
gujaf-49	36	5	such	such	ADJ
gujaf-49	36	6	challenge	challenge	NOUN
gujaf-49	36	7	in	in	ADP
gujaf-49	36	8	the	the	DET
gujaf-49	36	9	developing	develop	VERB
gujaf-49	36	10	countries	country	NOUN
gujaf-49	36	11	,	,	PUNCT
gujaf-49	36	12	is	be	AUX
gujaf-49	36	13	variable	variable	ADJ
gujaf-49	36	14	measurement	measurement	NOUN
gujaf-49	36	15	problem	problem	NOUN
gujaf-49	36	16	and	and	CCONJ
gujaf-49	36	17	data	datum	NOUN
gujaf-49	36	18	constraint	constraint	NOUN
gujaf-49	36	19	.	.	PUNCT
gujaf-49	37	1	still	still	ADV
gujaf-49	37	2	,	,	PUNCT
gujaf-49	37	3	the	the	DET
gujaf-49	37	4	researches	research	NOUN
gujaf-49	37	5	on	on	ADP
gujaf-49	37	6	the	the	DET
gujaf-49	37	7	association	association	NOUN
gujaf-49	37	8	between	between	ADP
gujaf-49	37	9	interlocking	interlock	VERB
gujaf-49	37	10	board	board	NOUN
gujaf-49	37	11	membership	membership	NOUN
gujaf-49	37	12	and	and	CCONJ
gujaf-49	37	13	firm	firm	ADJ
gujaf-49	37	14	financial	financial	ADJ
gujaf-49	37	15	performance	performance	NOUN
gujaf-49	37	16	in	in	ADP
gujaf-49	37	17	the	the	DET
gujaf-49	37	18	developed	develop	VERB
gujaf-49	37	19	countries	country	NOUN
gujaf-49	37	20	are	be	AUX
gujaf-49	37	21	inconclusive	inconclusive	ADJ
gujaf-49	37	22	(	(	PUNCT
gujaf-49	37	23	see	see	VERB
gujaf-49	37	24	,	,	PUNCT
gujaf-49	37	25	zona	zona	PROPN
gujaf-49	37	26	&	&	CCONJ
gujaf-49	37	27	gomez	gomez	PROPN
gujaf-49	37	28	-	-	PUNCT
gujaf-49	37	29	mejia	mejia	PROPN
gujaf-49	37	30	,	,	PUNCT
gujaf-49	37	31	2015	2015	NUM
gujaf-49	37	32	;	;	PUNCT
gujaf-49	37	33	horton	horton	PROPN
gujaf-49	37	34	,	,	PUNCT
gujaf-49	37	35	millo	millo	PROPN
gujaf-49	37	36	,	,	PUNCT
gujaf-49	37	37	&	&	CCONJ
gujaf-49	37	38	serafeim	serafeim	PROPN
gujaf-49	37	39	,	,	PUNCT
gujaf-49	37	40	2012	2012	NUM
gujaf-49	37	41	;	;	PUNCT
gujaf-49	37	42	pombo	pombo	PROPN
gujaf-49	37	43	&	&	CCONJ
gujaf-49	37	44	gutierrez	gutierrez	PROPN
gujaf-49	37	45	,	,	PUNCT
gujaf-49	37	46	2011	2011	NUM
gujaf-49	37	47	;	;	PUNCT
gujaf-49	37	48	devos	devos	PROPN
gujaf-49	37	49	,	,	PUNCT
gujaf-49	37	50	prevost	prevost	PROPN
gujaf-49	37	51	,	,	PUNCT
gujaf-49	37	52	&	&	CCONJ
gujaf-49	37	53	puthenpurackal	puthenpurackal	PROPN
gujaf-49	37	54	,	,	PUNCT
gujaf-49	37	55	2009	2009	NUM
gujaf-49	37	56	;	;	PUNCT
gujaf-49	37	57	fich	fich	PROPN
gujaf-49	37	58	&	&	CCONJ
gujaf-49	37	59	shivdasani	shivdasani	PROPN
gujaf-49	37	60	,	,	PUNCT
gujaf-49	37	61	2006	2006	NUM
gujaf-49	37	62	;	;	PUNCT
gujaf-49	37	63	phan	phan	PROPN
gujaf-49	37	64	,	,	PUNCT
gujaf-49	37	65	lee	lee	PROPN
gujaf-49	37	66	,	,	PUNCT
gujaf-49	37	67	&	&	CCONJ
gujaf-49	37	68	lau	lau	PROPN
gujaf-49	37	69	,	,	PUNCT
gujaf-49	37	70	2003	2003	NUM
gujaf-49	37	71	;	;	PUNCT
gujaf-49	37	72	fligstein	fligstein	PROPN
gujaf-49	37	73	&	&	CCONJ
gujaf-49	37	74	brantley	brantley	PROPN
gujaf-49	37	75	,	,	PUNCT
gujaf-49	37	76	1992	1992	NUM
gujaf-49	37	77	;	;	PUNCT
gujaf-49	37	78	meeusen	meeusen	PROPN
gujaf-49	37	79	&	&	CCONJ
gujaf-49	37	80	cuyvers	cuyver	NOUN
gujaf-49	37	81	,	,	PUNCT
gujaf-49	37	82	1985	1985	NUM
gujaf-49	37	83	)	)	PUNCT
gujaf-49	37	84	.	.	PUNCT
gujaf-49	38	1	this	this	DET
gujaf-49	38	2	study	study	NOUN
gujaf-49	38	3	therefore	therefore	ADV
gujaf-49	38	4	seeks	seek	VERB
gujaf-49	38	5	to	to	PART
gujaf-49	38	6	examine	examine	VERB
gujaf-49	38	7	the	the	DET
gujaf-49	38	8	subject	subject	NOUN
gujaf-49	38	9	in	in	ADP
gujaf-49	38	10	a	a	DET
gujaf-49	38	11	developing	develop	VERB
gujaf-49	38	12	clime	clime	NOUN
gujaf-49	38	13	,	,	PUNCT
gujaf-49	38	14	specifically	specifically	ADV
gujaf-49	38	15	in	in	ADP
gujaf-49	38	16	the	the	DET
gujaf-49	38	17	nigeria	nigeria	PROPN
gujaf-49	38	18	context	context	NOUN
gujaf-49	38	19	with	with	ADP
gujaf-49	38	20	a	a	DET
gujaf-49	38	21	view	view	NOUN
gujaf-49	38	22	to	to	ADP
gujaf-49	38	23	building	build	VERB
gujaf-49	38	24	on	on	ADP
gujaf-49	38	25	the	the	DET
gujaf-49	38	26	findings	finding	NOUN
gujaf-49	38	27	of	of	ADP
gujaf-49	38	28	prior	prior	ADJ
gujaf-49	38	29	studies	study	NOUN
gujaf-49	38	30	.	.	PUNCT
gujaf-49	39	1	interlocking	interlock	VERB
gujaf-49	39	2	board	board	NOUN
gujaf-49	39	3	membership	membership	NOUN
gujaf-49	39	4	could	could	AUX
gujaf-49	39	5	be	be	AUX
gujaf-49	39	6	vertical	vertical	ADJ
gujaf-49	39	7	or	or	CCONJ
gujaf-49	39	8	horizontal	horizontal	ADJ
gujaf-49	39	9	in	in	ADP
gujaf-49	39	10	firms	firm	NOUN
gujaf-49	39	11	.	.	PUNCT
gujaf-49	40	1	vertical	vertical	ADJ
gujaf-49	40	2	interlocking	interlock	VERB
gujaf-49	40	3	board	board	NOUN
gujaf-49	40	4	membership	membership	NOUN
gujaf-49	40	5	is	be	AUX
gujaf-49	40	6	where	where	SCONJ
gujaf-49	40	7	the	the	DET
gujaf-49	40	8	directors	director	NOUN
gujaf-49	40	9	sitting	sit	VERB
gujaf-49	40	10	in	in	ADP
gujaf-49	40	11	a	a	DET
gujaf-49	40	12	parent	parent	NOUN
gujaf-49	40	13	firm	firm	NOUN
gujaf-49	40	14	also	also	ADV
gujaf-49	40	15	sit	sit	VERB
gujaf-49	40	16	in	in	ADP
gujaf-49	40	17	group	group	NOUN
gujaf-49	40	18	affiliated	affiliate	VERB
gujaf-49	40	19	firm	firm	NOUN
gujaf-49	40	20	and	and	CCONJ
gujaf-49	40	21	this	this	PRON
gujaf-49	40	22	often	often	ADV
gujaf-49	40	23	occur	occur	VERB
gujaf-49	40	24	because	because	SCONJ
gujaf-49	40	25	of	of	ADP
gujaf-49	40	26	intra	intra	ADJ
gujaf-49	40	27	-	-	ADJ
gujaf-49	40	28	group	group	ADJ
gujaf-49	40	29	resources	resource	NOUN
gujaf-49	40	30	sharing	share	VERB
gujaf-49	40	31	.	.	PUNCT
gujaf-49	41	1	this	this	DET
gujaf-49	41	2	type	type	NOUN
gujaf-49	41	3	of	of	ADP
gujaf-49	41	4	interlocking	interlocking	NOUN
gujaf-49	41	5	is	be	AUX
gujaf-49	41	6	more	more	ADV
gujaf-49	41	7	useful	useful	ADJ
gujaf-49	41	8	in	in	ADP
gujaf-49	41	9	diversified	diversified	ADJ
gujaf-49	41	10	business	business	NOUN
gujaf-49	41	11	.	.	PUNCT
gujaf-49	42	1	horizontal	horizontal	ADJ
gujaf-49	42	2	interlocking	interlock	VERB
gujaf-49	42	3	board	board	NOUN
gujaf-49	42	4	membership	membership	NOUN
gujaf-49	42	5	is	be	AUX
gujaf-49	42	6	where	where	SCONJ
gujaf-49	42	7	a	a	DET
gujaf-49	42	8	director	director	NOUN
gujaf-49	42	9	in	in	ADP
gujaf-49	42	10	the	the	DET
gujaf-49	42	11	board	board	NOUN
gujaf-49	42	12	of	of	ADP
gujaf-49	42	13	a	a	DET
gujaf-49	42	14	subsidiary	subsidiary	NOUN
gujaf-49	42	15	also	also	ADV
gujaf-49	42	16	becomes	become	VERB
gujaf-49	42	17	a	a	DET
gujaf-49	42	18	board	board	NOUN
gujaf-49	42	19	member	member	NOUN
gujaf-49	42	20	in	in	ADP
gujaf-49	42	21	another	another	DET
gujaf-49	42	22	subsidiary	subsidiary	NOUN
gujaf-49	42	23	in	in	ADP
gujaf-49	42	24	a	a	DET
gujaf-49	42	25	parent	parent	NOUN
gujaf-49	42	26	company	company	NOUN
gujaf-49	42	27	.	.	PUNCT
gujaf-49	43	1	horizontal	horizontal	ADJ
gujaf-49	43	2	interlocks	interlock	NOUN
gujaf-49	43	3	commonly	commonly	ADV
gujaf-49	43	4	occur	occur	VERB
gujaf-49	43	5	in	in	ADP
gujaf-49	43	6	an	an	DET
gujaf-49	43	7	undiversified	undiversified	ADJ
gujaf-49	43	8	firm	firm	NOUN
gujaf-49	43	9	.	.	PUNCT
gujaf-49	44	1	gusau	gusau	PROPN
gujaf-49	44	2	journal	journal	PROPN
gujaf-49	44	3	of	of	ADP
gujaf-49	44	4	accounting	accounting	NOUN
gujaf-49	44	5	and	and	CCONJ
gujaf-49	44	6	finance	finance	NOUN
gujaf-49	44	7	,	,	PUNCT
gujaf-49	44	8	vol	vol	NOUN
gujaf-49	44	9	.	.	PROPN
gujaf-49	44	10	2	2	NUM
gujaf-49	44	11	,	,	PUNCT
gujaf-49	44	12	issue	issue	NOUN
gujaf-49	44	13	1	1	NUM
gujaf-49	44	14	,	,	PUNCT
gujaf-49	44	15	april	april	PROPN
gujaf-49	44	16	,	,	PUNCT
gujaf-49	44	17	2021	2021	NUM
gujaf-49	44	18	4	4	NUM
gujaf-49	44	19	irrespective	irrespective	ADV
gujaf-49	44	20	of	of	ADP
gujaf-49	44	21	the	the	DET
gujaf-49	44	22	types	type	NOUN
gujaf-49	44	23	of	of	ADP
gujaf-49	44	24	interlocking	interlock	VERB
gujaf-49	44	25	board	board	NOUN
gujaf-49	44	26	membership	membership	NOUN
gujaf-49	44	27	,	,	PUNCT
gujaf-49	44	28	board	board	NOUN
gujaf-49	44	29	interlock	interlock	NOUN
gujaf-49	44	30	in	in	ADP
gujaf-49	44	31	firm	firm	NOUN
gujaf-49	44	32	is	be	AUX
gujaf-49	44	33	undoubtedly	undoubtedly	ADV
gujaf-49	44	34	a	a	DET
gujaf-49	44	35	double	double	ADJ
gujaf-49	44	36	–	–	PUNCT
gujaf-49	44	37	edged	edge	VERB
gujaf-49	44	38	sword	sword	NOUN
gujaf-49	44	39	.	.	PUNCT
gujaf-49	45	1	the	the	DET
gujaf-49	45	2	positive	positive	ADJ
gujaf-49	45	3	side	side	NOUN
gujaf-49	45	4	of	of	ADP
gujaf-49	45	5	interlocking	interlock	VERB
gujaf-49	45	6	board	board	NOUN
gujaf-49	45	7	members	member	NOUN
gujaf-49	45	8	includes	include	VERB
gujaf-49	45	9	obtaining	obtain	VERB
gujaf-49	45	10	needed	need	VERB
gujaf-49	45	11	resources	resource	NOUN
gujaf-49	45	12	and	and	CCONJ
gujaf-49	45	13	access	access	NOUN
gujaf-49	45	14	to	to	ADP
gujaf-49	45	15	information	information	NOUN
gujaf-49	45	16	for	for	ADP
gujaf-49	45	17	performance	performance	NOUN
gujaf-49	45	18	,	,	PUNCT
gujaf-49	45	19	promoting	promote	VERB
gujaf-49	45	20	quality	quality	NOUN
gujaf-49	45	21	of	of	ADP
gujaf-49	45	22	the	the	DET
gujaf-49	45	23	board	board	NOUN
gujaf-49	45	24	,	,	PUNCT
gujaf-49	45	25	financial	financial	ADJ
gujaf-49	45	26	expertise	expertise	NOUN
gujaf-49	45	27	,	,	PUNCT
gujaf-49	45	28	accounting	accounting	NOUN
gujaf-49	45	29	and	and	CCONJ
gujaf-49	45	30	managerial	managerial	ADJ
gujaf-49	45	31	wizardry	wizardry	ADJ
gujaf-49	45	32	,	,	PUNCT
gujaf-49	45	33	wealth	wealth	NOUN
gujaf-49	45	34	of	of	ADP
gujaf-49	45	35	long	long	ADJ
gujaf-49	45	36	standing	standing	NOUN
gujaf-49	45	37	industry	industry	NOUN
gujaf-49	45	38	work	work	NOUN
gujaf-49	45	39	experiences	experience	NOUN
gujaf-49	45	40	and	and	CCONJ
gujaf-49	45	41	social	social	ADJ
gujaf-49	45	42	network	network	NOUN
gujaf-49	45	43	worth	worth	ADJ
gujaf-49	45	44	(	(	PUNCT
gujaf-49	45	45	lamb	lamb	PROPN
gujaf-49	45	46	,	,	PUNCT
gujaf-49	45	47	2017	2017	NUM
gujaf-49	45	48	;	;	PUNCT
gujaf-49	45	49	ferris	ferris	ADJ
gujaf-49	45	50	,	,	PUNCT
gujaf-49	45	51	jagannathan	jagannathan	NOUN
gujaf-49	45	52	,	,	PUNCT
gujaf-49	45	53	&	&	CCONJ
gujaf-49	45	54	pritchard	pritchard	PROPN
gujaf-49	45	55	,	,	PUNCT
gujaf-49	45	56	2003	2003	NUM
gujaf-49	45	57	)	)	PUNCT
gujaf-49	45	58	.	.	PUNCT
gujaf-49	46	1	in	in	ADP
gujaf-49	46	2	addition	addition	NOUN
gujaf-49	46	3	,	,	PUNCT
gujaf-49	46	4	the	the	DET
gujaf-49	46	5	negative	negative	ADJ
gujaf-49	46	6	implication	implication	NOUN
gujaf-49	46	7	of	of	ADP
gujaf-49	46	8	interlocking	interlock	VERB
gujaf-49	46	9	board	board	NOUN
gujaf-49	46	10	membership	membership	NOUN
gujaf-49	46	11	encompasses	encompass	VERB
gujaf-49	46	12	,	,	PUNCT
gujaf-49	46	13	too	too	ADV
gujaf-49	46	14	busy	busy	ADJ
gujaf-49	46	15	to	to	PART
gujaf-49	46	16	be	be	AUX
gujaf-49	46	17	committed	commit	VERB
gujaf-49	46	18	to	to	ADP
gujaf-49	46	19	organization	organization	NOUN
gujaf-49	46	20	’s	’s	PART
gujaf-49	46	21	set	set	VERB
gujaf-49	46	22	goals	goal	NOUN
gujaf-49	46	23	,	,	PUNCT
gujaf-49	46	24	less	less	ADJ
gujaf-49	46	25	engagement	engagement	NOUN
gujaf-49	46	26	in	in	ADP
gujaf-49	46	27	strategic	strategic	ADJ
gujaf-49	46	28	decision	decision	NOUN
gujaf-49	46	29	making	make	VERB
gujaf-49	46	30	towards	towards	ADP
gujaf-49	46	31	ensuring	ensure	VERB
gujaf-49	46	32	optimal	optimal	ADJ
gujaf-49	46	33	performance	performance	NOUN
gujaf-49	46	34	,	,	PUNCT
gujaf-49	46	35	lack	lack	NOUN
gujaf-49	46	36	of	of	ADP
gujaf-49	46	37	independent	independent	ADJ
gujaf-49	46	38	critical	critical	ADJ
gujaf-49	46	39	thinking	thinking	NOUN
gujaf-49	46	40	,	,	PUNCT
gujaf-49	46	41	creation	creation	NOUN
gujaf-49	46	42	of	of	ADP
gujaf-49	46	43	reputational	reputational	ADJ
gujaf-49	46	44	penalty	penalty	NOUN
gujaf-49	46	45	on	on	ADP
gujaf-49	46	46	firms	firm	NOUN
gujaf-49	46	47	,	,	PUNCT
gujaf-49	46	48	weak	weak	ADJ
gujaf-49	46	49	intellectual	intellectual	ADJ
gujaf-49	46	50	commitment	commitment	NOUN
gujaf-49	46	51	towards	towards	ADP
gujaf-49	46	52	promoting	promote	VERB
gujaf-49	46	53	dominance	dominance	NOUN
gujaf-49	46	54	and	and	CCONJ
gujaf-49	46	55	growth	growth	NOUN
gujaf-49	46	56	of	of	ADP
gujaf-49	46	57	firms	firm	NOUN
gujaf-49	46	58	in	in	ADP
gujaf-49	46	59	the	the	DET
gujaf-49	46	60	industry	industry	NOUN
gujaf-49	46	61	and	and	CCONJ
gujaf-49	46	62	stock	stock	NOUN
gujaf-49	46	63	market	market	NOUN
gujaf-49	46	64	(	(	PUNCT
gujaf-49	46	65	kang	kang	PROPN
gujaf-49	46	66	,	,	PUNCT
gujaf-49	46	67	2008	2008	NUM
gujaf-49	46	68	;	;	PUNCT
gujaf-49	46	69	armstrong	armstrong	PROPN
gujaf-49	46	70	&	&	CCONJ
gujaf-49	46	71	larcker	larcker	PROPN
gujaf-49	46	72	,	,	PUNCT
gujaf-49	46	73	2009	2009	NUM
gujaf-49	46	74	;	;	PUNCT
gujaf-49	46	75	bizjak	bizjak	PROPN
gujaf-49	46	76	,	,	PUNCT
gujaf-49	46	77	lemmon	lemmon	PROPN
gujaf-49	46	78	,	,	PUNCT
gujaf-49	46	79	&	&	CCONJ
gujaf-49	46	80	whitby	whitby	PROPN
gujaf-49	46	81	,	,	PUNCT
gujaf-49	46	82	2009	2009	NUM
gujaf-49	46	83	)	)	PUNCT
gujaf-49	46	84	.	.	PUNCT
gujaf-49	47	1	the	the	DET
gujaf-49	47	2	negative	negative	ADJ
gujaf-49	47	3	side	side	NOUN
gujaf-49	47	4	of	of	ADP
gujaf-49	47	5	interlocking	interlock	VERB
gujaf-49	47	6	board	board	NOUN
gujaf-49	47	7	membership	membership	NOUN
gujaf-49	47	8	is	be	AUX
gujaf-49	47	9	associated	associate	VERB
gujaf-49	47	10	with	with	ADP
gujaf-49	47	11	ignoring	ignore	VERB
gujaf-49	47	12	policy	policy	NOUN
gujaf-49	47	13	favoring	favor	VERB
gujaf-49	47	14	board	board	NOUN
gujaf-49	47	15	interlocks	interlock	NOUN
gujaf-49	47	16	.	.	PUNCT
gujaf-49	48	1	ferris	ferris	PROPN
gujaf-49	48	2	,	,	PUNCT
gujaf-49	48	3	jagannathan	jagannathan	NOUN
gujaf-49	48	4	and	and	CCONJ
gujaf-49	48	5	pritchard	pritchard	PROPN
gujaf-49	48	6	(	(	PUNCT
gujaf-49	48	7	2013	2013	NUM
gujaf-49	48	8	)	)	PUNCT
gujaf-49	48	9	;	;	PUNCT
gujaf-49	48	10	tany	tany	NOUN
gujaf-49	48	11	and	and	CCONJ
gujaf-49	48	12	smith	smith	PROPN
gujaf-49	48	13	(	(	PUNCT
gujaf-49	48	14	2015	2015	NUM
gujaf-49	48	15	)	)	PUNCT
gujaf-49	48	16	;	;	PUNCT
gujaf-49	48	17	fredriksson	fredriksson	NOUN
gujaf-49	48	18	et	et	PROPN
gujaf-49	48	19	al	al	PROPN
gujaf-49	48	20	.	.	PROPN
gujaf-49	49	1	(	(	PUNCT
gujaf-49	49	2	2018	2018	NUM
gujaf-49	49	3	)	)	PUNCT
gujaf-49	49	4	posit	posit	VERB
gujaf-49	49	5	that	that	SCONJ
gujaf-49	49	6	if	if	SCONJ
gujaf-49	49	7	serving	serve	VERB
gujaf-49	49	8	on	on	ADP
gujaf-49	49	9	multiple	multiple	ADJ
gujaf-49	49	10	boards	board	NOUN
gujaf-49	49	11	enhances	enhance	VERB
gujaf-49	49	12	directors	director	NOUN
gujaf-49	49	13	’	’	PART
gujaf-49	49	14	expertise	expertise	NOUN
gujaf-49	49	15	and	and	CCONJ
gujaf-49	49	16	their	their	PRON
gujaf-49	49	17	professionalism	professionalism	NOUN
gujaf-49	49	18	,	,	PUNCT
gujaf-49	49	19	being	be	AUX
gujaf-49	49	20	involved	involve	VERB
gujaf-49	49	21	with	with	ADP
gujaf-49	49	22	many	many	ADJ
gujaf-49	49	23	firms	firm	NOUN
gujaf-49	49	24	may	may	AUX
gujaf-49	49	25	make	make	VERB
gujaf-49	49	26	them	they	PRON
gujaf-49	49	27	too	too	ADV
gujaf-49	49	28	‘	'	PUNCT
gujaf-49	49	29	busy	busy	ADJ
gujaf-49	49	30	’	'	PUNCT
gujaf-49	49	31	,	,	PUNCT
gujaf-49	49	32	thus	thus	ADV
gujaf-49	49	33	reducing	reduce	VERB
gujaf-49	49	34	the	the	DET
gujaf-49	49	35	quality	quality	NOUN
gujaf-49	49	36	of	of	ADP
gujaf-49	49	37	work	work	NOUN
gujaf-49	49	38	.	.	PUNCT
gujaf-49	50	1	congruently	congruently	ADV
gujaf-49	50	2	,	,	PUNCT
gujaf-49	50	3	non	non	ADJ
gujaf-49	50	4	*	*	PUNCT
gujaf-49	50	5	and	and	CCONJ
gujaf-49	50	6	franses	franse	NOUN
gujaf-49	50	7	(	(	PUNCT
gujaf-49	50	8	2007	2007	NUM
gujaf-49	50	9	)	)	PUNCT
gujaf-49	50	10	argued	argue	VERB
gujaf-49	50	11	that	that	SCONJ
gujaf-49	50	12	one	one	NUM
gujaf-49	50	13	of	of	ADP
gujaf-49	50	14	the	the	DET
gujaf-49	50	15	negative	negative	ADJ
gujaf-49	50	16	implications	implication	NOUN
gujaf-49	50	17	of	of	ADP
gujaf-49	50	18	board	board	NOUN
gujaf-49	50	19	interlocks	interlock	NOUN
gujaf-49	50	20	is	be	AUX
gujaf-49	50	21	that	that	SCONJ
gujaf-49	50	22	such	such	ADJ
gujaf-49	50	23	directors	director	NOUN
gujaf-49	50	24	get	get	VERB
gujaf-49	50	25	short	short	ADJ
gujaf-49	50	26	of	of	ADP
gujaf-49	50	27	time	time	NOUN
gujaf-49	50	28	and	and	CCONJ
gujaf-49	50	29	the	the	DET
gujaf-49	50	30	performance	performance	NOUN
gujaf-49	50	31	of	of	ADP
gujaf-49	50	32	their	their	PRON
gujaf-49	50	33	firms	firm	NOUN
gujaf-49	50	34	deteriorates	deteriorate	VERB
gujaf-49	50	35	.	.	PUNCT
gujaf-49	51	1	nonetheless	nonetheless	ADV
gujaf-49	51	2	,	,	PUNCT
gujaf-49	51	3	balancing	balance	VERB
gujaf-49	51	4	these	these	DET
gujaf-49	51	5	two	two	NUM
gujaf-49	51	6	opposing	opposing	ADJ
gujaf-49	51	7	implications	implication	NOUN
gujaf-49	51	8	of	of	ADP
gujaf-49	51	9	interlocking	interlock	VERB
gujaf-49	51	10	board	board	NOUN
gujaf-49	51	11	membership	membership	NOUN
gujaf-49	51	12	in	in	ADP
gujaf-49	51	13	firms	firm	NOUN
gujaf-49	51	14	is	be	AUX
gujaf-49	51	15	possible	possible	ADJ
gujaf-49	51	16	through	through	ADP
gujaf-49	51	17	a	a	DET
gujaf-49	51	18	systematic	systematic	ADJ
gujaf-49	51	19	approach	approach	NOUN
gujaf-49	51	20	(	(	PUNCT
gujaf-49	51	21	oehmichen	oehmichen	ADV
gujaf-49	51	22	,	,	PUNCT
gujaf-49	51	23	braun	braun	NOUN
gujaf-49	51	24	,	,	PUNCT
gujaf-49	51	25	wolf	wolf	PROPN
gujaf-49	51	26	&	&	CCONJ
gujaf-49	51	27	yoshikawu	yoshikawu	PROPN
gujaf-49	51	28	,	,	PUNCT
gujaf-49	51	29	2017	2017	NUM
gujaf-49	51	30	;	;	PUNCT
gujaf-49	51	31	kemp	kemp	PROPN
gujaf-49	51	32	,	,	PUNCT
gujaf-49	51	33	viviers	viviers	PROPN
gujaf-49	51	34	&	&	CCONJ
gujaf-49	51	35	collins	collins	PROPN
gujaf-49	51	36	,	,	PUNCT
gujaf-49	51	37	2018	2018	NUM
gujaf-49	51	38	)	)	PUNCT
gujaf-49	51	39	.	.	PUNCT
gujaf-49	52	1	fligstein	fligstein	PROPN
gujaf-49	52	2	and	and	CCONJ
gujaf-49	52	3	brantley	brantley	PROPN
gujaf-49	52	4	(	(	PUNCT
gujaf-49	52	5	1992	1992	NUM
gujaf-49	52	6	)	)	PUNCT
gujaf-49	52	7	in	in	ADP
gujaf-49	52	8	a	a	DET
gujaf-49	52	9	research	research	NOUN
gujaf-49	52	10	argued	argue	VERB
gujaf-49	52	11	for	for	ADP
gujaf-49	52	12	the	the	DET
gujaf-49	52	13	abandonment	abandonment	NOUN
gujaf-49	52	14	of	of	ADP
gujaf-49	52	15	researches	research	NOUN
gujaf-49	52	16	related	relate	VERB
gujaf-49	52	17	to	to	ADP
gujaf-49	52	18	board	board	NOUN
gujaf-49	52	19	interlocks	interlock	NOUN
gujaf-49	52	20	and	and	CCONJ
gujaf-49	52	21	firm	firm	ADJ
gujaf-49	52	22	financial	financial	ADJ
gujaf-49	52	23	performance	performance	NOUN
gujaf-49	52	24	because	because	SCONJ
gujaf-49	52	25	it	it	PRON
gujaf-49	52	26	is	be	AUX
gujaf-49	52	27	dependent	dependent	ADJ
gujaf-49	52	28	on	on	ADP
gujaf-49	52	29	a	a	DET
gujaf-49	52	30	lot	lot	NOUN
gujaf-49	52	31	of	of	ADP
gujaf-49	52	32	other	other	ADJ
gujaf-49	52	33	observable	observable	ADJ
gujaf-49	52	34	and	and	CCONJ
gujaf-49	52	35	nonobservable	nonobservable	ADJ
gujaf-49	52	36	variables	variable	NOUN
gujaf-49	52	37	.	.	PUNCT
gujaf-49	53	1	davis	davis	PROPN
gujaf-49	53	2	and	and	CCONJ
gujaf-49	53	3	greve	greve	PROPN
gujaf-49	53	4	(	(	PUNCT
gujaf-49	53	5	1997	1997	NUM
gujaf-49	53	6	)	)	PUNCT
gujaf-49	53	7	canvassed	canvass	VERB
gujaf-49	53	8	for	for	ADP
gujaf-49	53	9	the	the	DET
gujaf-49	53	10	use	use	NOUN
gujaf-49	53	11	of	of	ADP
gujaf-49	53	12	board	board	NOUN
gujaf-49	53	13	interlock	interlock	NOUN
gujaf-49	53	14	variables	variable	NOUN
gujaf-49	53	15	to	to	PART
gujaf-49	53	16	examine	examine	VERB
gujaf-49	53	17	operational	operational	ADJ
gujaf-49	53	18	and	and	CCONJ
gujaf-49	53	19	financial	financial	ADJ
gujaf-49	53	20	performance	performance	NOUN
gujaf-49	53	21	with	with	ADP
gujaf-49	53	22	assertive	assertive	ADJ
gujaf-49	53	23	theoretical	theoretical	ADJ
gujaf-49	53	24	supports	support	NOUN
gujaf-49	53	25	.	.	PUNCT
gujaf-49	54	1	it	it	PRON
gujaf-49	54	2	is	be	AUX
gujaf-49	54	3	against	against	ADP
gujaf-49	54	4	this	this	DET
gujaf-49	54	5	background	background	NOUN
gujaf-49	54	6	this	this	DET
gujaf-49	54	7	research	research	NOUN
gujaf-49	54	8	is	be	AUX
gujaf-49	54	9	undertaken	undertake	VERB
gujaf-49	54	10	with	with	ADP
gujaf-49	54	11	a	a	DET
gujaf-49	54	12	view	view	NOUN
gujaf-49	54	13	to	to	ADP
gujaf-49	54	14	contributing	contribute	VERB
gujaf-49	54	15	to	to	ADP
gujaf-49	54	16	literature	literature	NOUN
gujaf-49	54	17	on	on	ADP
gujaf-49	54	18	corporate	corporate	ADJ
gujaf-49	54	19	governance	governance	NOUN
gujaf-49	54	20	in	in	ADP
gujaf-49	54	21	nigeria	nigeria	PROPN
gujaf-49	54	22	as	as	ADP
gujaf-49	54	23	an	an	DET
gujaf-49	54	24	emerging	emerge	VERB
gujaf-49	54	25	market	market	NOUN
gujaf-49	54	26	.	.	PUNCT
gujaf-49	55	1	following	follow	VERB
gujaf-49	55	2	this	this	DET
gujaf-49	55	3	introduction	introduction	NOUN
gujaf-49	55	4	,	,	PUNCT
gujaf-49	55	5	section	section	NOUN
gujaf-49	55	6	two	two	NUM
gujaf-49	55	7	engages	engage	VERB
gujaf-49	55	8	in	in	ADP
gujaf-49	55	9	a	a	DET
gujaf-49	55	10	critical	critical	ADJ
gujaf-49	55	11	review	review	NOUN
gujaf-49	55	12	of	of	ADP
gujaf-49	55	13	the	the	DET
gujaf-49	55	14	outstanding	outstanding	ADJ
gujaf-49	55	15	literature	literature	PROPN
gujaf-49	55	16	review	review	NOUN
gujaf-49	55	17	;	;	PUNCT
gujaf-49	55	18	section	section	NOUN
gujaf-49	55	19	three	three	NUM
gujaf-49	55	20	explains	explain	VERB
gujaf-49	55	21	the	the	DET
gujaf-49	55	22	prevailing	prevail	VERB
gujaf-49	55	23	methodology	methodology	NOUN
gujaf-49	55	24	that	that	PRON
gujaf-49	55	25	works	work	VERB
gujaf-49	55	26	for	for	ADP
gujaf-49	55	27	an	an	DET
gujaf-49	55	28	emerging	emerge	VERB
gujaf-49	55	29	market	market	NOUN
gujaf-49	55	30	such	such	ADJ
gujaf-49	55	31	as	as	ADP
gujaf-49	55	32	nigeria	nigeria	PROPN
gujaf-49	55	33	;	;	PUNCT
gujaf-49	55	34	section	section	NOUN
gujaf-49	55	35	four	four	NUM
gujaf-49	55	36	presents	present	NOUN
gujaf-49	55	37	and	and	CCONJ
gujaf-49	55	38	discusses	discuss	VERB
gujaf-49	55	39	the	the	DET
gujaf-49	55	40	results	result	NOUN
gujaf-49	55	41	of	of	ADP
gujaf-49	55	42	the	the	DET
gujaf-49	55	43	empirical	empirical	ADJ
gujaf-49	55	44	analysis	analysis	NOUN
gujaf-49	55	45	,	,	PUNCT
gujaf-49	55	46	while	while	SCONJ
gujaf-49	55	47	section	section	NOUN
gujaf-49	55	48	five	five	NUM
gujaf-49	55	49	is	be	AUX
gujaf-49	55	50	conclusion	conclusion	NOUN
gujaf-49	55	51	and	and	CCONJ
gujaf-49	55	52	recommendations	recommendation	NOUN
gujaf-49	55	53	.	.	PUNCT
gujaf-49	56	1	2	2	X
gujaf-49	56	2	.	.	X
gujaf-49	56	3	literature	literature	NOUN
gujaf-49	56	4	review	review	PROPN
gujaf-49	56	5	and	and	CCONJ
gujaf-49	56	6	theories	theory	NOUN
gujaf-49	56	7	interlocking	interlock	VERB
gujaf-49	56	8	board	board	NOUN
gujaf-49	56	9	membership	membership	NOUN
gujaf-49	56	10	as	as	ADP
gujaf-49	56	11	a	a	DET
gujaf-49	56	12	corporate	corporate	ADJ
gujaf-49	56	13	governance	governance	NOUN
gujaf-49	56	14	indicator	indicator	NOUN
gujaf-49	56	15	has	have	VERB
gujaf-49	56	16	no	no	DET
gujaf-49	56	17	defined	define	VERB
gujaf-49	56	18	proportion	proportion	NOUN
gujaf-49	56	19	for	for	ADP
gujaf-49	56	20	inclusion	inclusion	NOUN
gujaf-49	56	21	in	in	ADP
gujaf-49	56	22	corporate	corporate	ADJ
gujaf-49	56	23	governance	governance	NOUN
gujaf-49	56	24	code	code	NOUN
gujaf-49	56	25	of	of	ADP
gujaf-49	56	26	best	good	ADJ
gujaf-49	56	27	practices	practice	NOUN
gujaf-49	56	28	in	in	ADP
gujaf-49	56	29	developing	develop	VERB
gujaf-49	56	30	countries	country	NOUN
gujaf-49	56	31	unlike	unlike	ADP
gujaf-49	56	32	in	in	ADP
gujaf-49	56	33	developed	developed	ADJ
gujaf-49	56	34	nations	nation	NOUN
gujaf-49	56	35	of	of	ADP
gujaf-49	56	36	the	the	DET
gujaf-49	56	37	world	world	NOUN
gujaf-49	56	38	.	.	PUNCT
gujaf-49	57	1	for	for	ADP
gujaf-49	57	2	instance	instance	NOUN
gujaf-49	57	3	,	,	PUNCT
gujaf-49	57	4	the	the	DET
gujaf-49	57	5	research	research	NOUN
gujaf-49	57	6	of	of	ADP
gujaf-49	57	7	yatim	yatim	PROPN
gujaf-49	57	8	et	et	PROPN
gujaf-49	57	9	al	al	PROPN
gujaf-49	57	10	.	.	PROPN
gujaf-49	58	1	(	(	PUNCT
gujaf-49	58	2	2014	2014	NUM
gujaf-49	58	3	)	)	PUNCT
gujaf-49	58	4	state	state	NOUN
gujaf-49	58	5	that	that	SCONJ
gujaf-49	58	6	the	the	DET
gujaf-49	58	7	recommended	recommend	VERB
gujaf-49	58	8	limits	limit	NOUN
gujaf-49	58	9	of	of	ADP
gujaf-49	58	10	multiple	multiple	ADJ
gujaf-49	58	11	directorship	directorship	NOUN
gujaf-49	58	12	in	in	ADP
gujaf-49	58	13	several	several	ADJ
gujaf-49	58	14	emerging	emerge	VERB
gujaf-49	58	15	economies	economy	NOUN
gujaf-49	58	16	are	be	AUX
gujaf-49	58	17	significantly	significantly	ADV
gujaf-49	58	18	higher	high	ADJ
gujaf-49	58	19	than	than	ADP
gujaf-49	58	20	the	the	DET
gujaf-49	58	21	best	good	ADJ
gujaf-49	58	22	practices	practice	NOUN
gujaf-49	58	23	suggested	suggest	VERB
gujaf-49	58	24	in	in	ADP
gujaf-49	58	25	many	many	ADJ
gujaf-49	58	26	developed	develop	VERB
gujaf-49	58	27	countries	country	NOUN
gujaf-49	58	28	.	.	PUNCT
gujaf-49	59	1	in	in	ADP
gujaf-49	59	2	the	the	DET
gujaf-49	59	3	united	united	PROPN
gujaf-49	59	4	states	states	PROPN
gujaf-49	59	5	for	for	ADP
gujaf-49	59	6	instance	instance	NOUN
gujaf-49	59	7	,	,	PUNCT
gujaf-49	59	8	few	few	ADJ
gujaf-49	59	9	multiple	multiple	ADJ
gujaf-49	59	10	directorships	directorship	NOUN
gujaf-49	59	11	is	be	AUX
gujaf-49	59	12	considered	consider	VERB
gujaf-49	59	13	as	as	ADP
gujaf-49	59	14	a	a	DET
gujaf-49	59	15	best	good	ADJ
gujaf-49	59	16	practice	practice	NOUN
gujaf-49	59	17	while	while	SCONJ
gujaf-49	59	18	in	in	ADP
gujaf-49	59	19	other	other	ADJ
gujaf-49	59	20	countries	country	NOUN
gujaf-49	59	21	such	such	ADJ
gujaf-49	59	22	as	as	ADP
gujaf-49	59	23	india	india	PROPN
gujaf-49	59	24	,	,	PUNCT
gujaf-49	59	25	the	the	DET
gujaf-49	59	26	limits	limit	NOUN
gujaf-49	59	27	are	be	AUX
gujaf-49	59	28	higher	high	ADJ
gujaf-49	59	29	;	;	PUNCT
gujaf-49	59	30	ranging	range	VERB
gujaf-49	59	31	from	from	ADP
gujaf-49	59	32	ten	ten	NUM
gujaf-49	59	33	to	to	PART
gujaf-49	59	34	twenty	twenty	NUM
gujaf-49	59	35	five	five	NUM
gujaf-49	59	36	.	.	PUNCT
gujaf-49	60	1	sarkar	sarkar	PROPN
gujaf-49	60	2	and	and	CCONJ
gujaf-49	60	3	sarkar	sarkar	PROPN
gujaf-49	60	4	(	(	PUNCT
gujaf-49	60	5	2009	2009	NUM
gujaf-49	60	6	)	)	PUNCT
gujaf-49	60	7	stress	stress	VERB
gujaf-49	60	8	that	that	SCONJ
gujaf-49	60	9	multiple	multiple	ADJ
gujaf-49	60	10	directorship	directorship	NOUN
gujaf-49	60	11	are	be	AUX
gujaf-49	60	12	quite	quite	ADV
gujaf-49	60	13	pervasive	pervasive	ADJ
gujaf-49	60	14	in	in	ADP
gujaf-49	60	15	india	india	PROPN
gujaf-49	60	16	with	with	ADP
gujaf-49	60	17	72	72	NUM
gujaf-49	60	18	percent	percent	NOUN
gujaf-49	60	19	of	of	ADP
gujaf-49	60	20	directors	director	NOUN
gujaf-49	60	21	holding	hold	VERB
gujaf-49	60	22	more	more	ADJ
gujaf-49	60	23	than	than	ADP
gujaf-49	60	24	one	one	NUM
gujaf-49	60	25	directorial	directorial	ADJ
gujaf-49	60	26	position	position	NOUN
gujaf-49	60	27	.	.	PUNCT
gujaf-49	61	1	the	the	DET
gujaf-49	61	2	author	author	NOUN
gujaf-49	61	3	stress	stress	VERB
gujaf-49	61	4	that	that	SCONJ
gujaf-49	61	5	the	the	DET
gujaf-49	61	6	higher	high	ADJ
gujaf-49	61	7	limit	limit	NOUN
gujaf-49	61	8	of	of	ADP
gujaf-49	61	9	multiple	multiple	ADJ
gujaf-49	61	10	directorships	directorship	NOUN
gujaf-49	61	11	often	often	ADV
gujaf-49	61	12	reported	report	VERB
gujaf-49	61	13	in	in	ADP
gujaf-49	61	14	emerging	emerge	VERB
gujaf-49	61	15	markets	market	NOUN
gujaf-49	61	16	may	may	AUX
gujaf-49	61	17	be	be	AUX
gujaf-49	61	18	due	due	ADJ
gujaf-49	61	19	to	to	ADP
gujaf-49	61	20	the	the	DET
gujaf-49	61	21	supply	supply	NOUN
gujaf-49	61	22	constraints	constraint	NOUN
gujaf-49	61	23	in	in	ADP
gujaf-49	61	24	the	the	DET
gujaf-49	61	25	market	market	NOUN
gujaf-49	61	26	for	for	ADP
gujaf-49	61	27	gusau	gusau	ADJ
gujaf-49	61	28	journal	journal	PROPN
gujaf-49	61	29	of	of	ADP
gujaf-49	61	30	accounting	accounting	NOUN
gujaf-49	61	31	and	and	CCONJ
gujaf-49	61	32	finance	finance	NOUN
gujaf-49	61	33	,	,	PUNCT
gujaf-49	61	34	vol	vol	NOUN
gujaf-49	61	35	.	.	PROPN
gujaf-49	61	36	2	2	NUM
gujaf-49	61	37	,	,	PUNCT
gujaf-49	61	38	issue	issue	NOUN
gujaf-49	61	39	1	1	NUM
gujaf-49	61	40	,	,	PUNCT
gujaf-49	61	41	april	april	PROPN
gujaf-49	61	42	,	,	PUNCT
gujaf-49	61	43	2021	2021	NUM
gujaf-49	61	44	5	5	NUM
gujaf-49	61	45	corporate	corporate	ADJ
gujaf-49	61	46	directors	director	NOUN
gujaf-49	61	47	.	.	PUNCT
gujaf-49	62	1	mizruchi	mizruchi	PROPN
gujaf-49	62	2	and	and	CCONJ
gujaf-49	62	3	galaskiewicz	galaskiewicz	PROPN
gujaf-49	62	4	(	(	PUNCT
gujaf-49	62	5	1994	1994	NUM
gujaf-49	62	6	)	)	PUNCT
gujaf-49	62	7	had	have	AUX
gujaf-49	62	8	posited	posit	VERB
gujaf-49	62	9	that	that	SCONJ
gujaf-49	62	10	if	if	SCONJ
gujaf-49	62	11	interlocking	interlocking	NOUN
gujaf-49	62	12	is	be	AUX
gujaf-49	62	13	a	a	DET
gujaf-49	62	14	successful	successful	ADJ
gujaf-49	62	15	method	method	NOUN
gujaf-49	62	16	of	of	ADP
gujaf-49	62	17	cooptation	cooptation	NOUN
gujaf-49	62	18	,	,	PUNCT
gujaf-49	62	19	all	all	DET
gujaf-49	62	20	things	thing	NOUN
gujaf-49	62	21	being	be	AUX
gujaf-49	62	22	equal	equal	ADJ
gujaf-49	62	23	,	,	PUNCT
gujaf-49	62	24	heavily	heavily	ADV
gujaf-49	62	25	interlocked	interlock	VERB
gujaf-49	62	26	companies	company	NOUN
gujaf-49	62	27	should	should	AUX
gujaf-49	62	28	perform	perform	VERB
gujaf-49	62	29	more	more	ADV
gujaf-49	62	30	profitable	profitable	ADJ
gujaf-49	62	31	than	than	ADP
gujaf-49	62	32	less	less	ADJ
gujaf-49	62	33	interlocked	interlocked	ADJ
gujaf-49	62	34	firms	firm	NOUN
gujaf-49	62	35	.	.	PUNCT
gujaf-49	63	1	however	however	ADV
gujaf-49	63	2	,	,	PUNCT
gujaf-49	63	3	empirical	empirical	ADJ
gujaf-49	63	4	evidence	evidence	NOUN
gujaf-49	63	5	on	on	ADP
gujaf-49	63	6	this	this	DET
gujaf-49	63	7	proposition	proposition	NOUN
gujaf-49	63	8	around	around	ADP
gujaf-49	63	9	the	the	DET
gujaf-49	63	10	world	world	NOUN
gujaf-49	63	11	is	be	AUX
gujaf-49	63	12	ambiguous	ambiguous	ADJ
gujaf-49	63	13	.	.	PUNCT
gujaf-49	64	1	the	the	DET
gujaf-49	64	2	nexus	nexus	NOUN
gujaf-49	64	3	between	between	ADP
gujaf-49	64	4	interlocking	interlock	VERB
gujaf-49	64	5	board	board	NOUN
gujaf-49	64	6	membership	membership	NOUN
gujaf-49	64	7	and	and	CCONJ
gujaf-49	64	8	firm	firm	ADJ
gujaf-49	64	9	performance	performance	NOUN
gujaf-49	64	10	is	be	AUX
gujaf-49	64	11	mixed	mix	VERB
gujaf-49	64	12	on	on	ADP
gujaf-49	64	13	the	the	DET
gujaf-49	64	14	empirical	empirical	ADJ
gujaf-49	64	15	fronts	front	NOUN
gujaf-49	64	16	.	.	PUNCT
gujaf-49	65	1	richardson	richardson	PROPN
gujaf-49	65	2	(	(	PUNCT
gujaf-49	65	3	1987	1987	NUM
gujaf-49	65	4	)	)	PUNCT
gujaf-49	65	5	report	report	NOUN
gujaf-49	65	6	that	that	SCONJ
gujaf-49	65	7	interlocked	interlocked	ADJ
gujaf-49	65	8	companies	company	NOUN
gujaf-49	65	9	perform	perform	VERB
gujaf-49	65	10	better	well	ADJ
gujaf-49	65	11	than	than	ADP
gujaf-49	65	12	firms	firm	NOUN
gujaf-49	65	13	without	without	ADP
gujaf-49	65	14	the	the	DET
gujaf-49	65	15	presence	presence	NOUN
gujaf-49	65	16	of	of	ADP
gujaf-49	65	17	interlocked	interlocked	ADJ
gujaf-49	65	18	membership	membership	NOUN
gujaf-49	65	19	.	.	PUNCT
gujaf-49	66	1	shropshire	shropshire	PROPN
gujaf-49	66	2	(	(	PUNCT
gujaf-49	66	3	2010	2010	NUM
gujaf-49	66	4	)	)	PUNCT
gujaf-49	66	5	through	through	ADP
gujaf-49	66	6	the	the	DET
gujaf-49	66	7	use	use	NOUN
gujaf-49	66	8	of	of	ADP
gujaf-49	66	9	diffusion	diffusion	NOUN
gujaf-49	66	10	model	model	NOUN
gujaf-49	66	11	reported	report	VERB
gujaf-49	66	12	that	that	SCONJ
gujaf-49	66	13	interlocking	interlock	VERB
gujaf-49	66	14	board	board	NOUN
gujaf-49	66	15	membership	membership	NOUN
gujaf-49	66	16	diversity	diversity	NOUN
gujaf-49	66	17	is	be	AUX
gujaf-49	66	18	a	a	DET
gujaf-49	66	19	key	key	ADJ
gujaf-49	66	20	variable	variable	NOUN
gujaf-49	66	21	that	that	PRON
gujaf-49	66	22	can	can	AUX
gujaf-49	66	23	effectively	effectively	ADV
gujaf-49	66	24	influence	influence	VERB
gujaf-49	66	25	firm	firm	ADJ
gujaf-49	66	26	performance	performance	NOUN
gujaf-49	66	27	with	with	ADP
gujaf-49	66	28	a	a	DET
gujaf-49	66	29	view	view	NOUN
gujaf-49	66	30	to	to	PART
gujaf-49	66	31	deeply	deeply	ADV
gujaf-49	66	32	reconciling	reconcile	VERB
gujaf-49	66	33	the	the	DET
gujaf-49	66	34	competing	compete	VERB
gujaf-49	66	35	views	view	NOUN
gujaf-49	66	36	of	of	ADP
gujaf-49	66	37	resource	resource	NOUN
gujaf-49	66	38	dependency	dependency	NOUN
gujaf-49	66	39	and	and	CCONJ
gujaf-49	66	40	agency	agency	NOUN
gujaf-49	66	41	theory	theory	NOUN
gujaf-49	66	42	.	.	PUNCT
gujaf-49	67	1	the	the	DET
gujaf-49	67	2	author	author	NOUN
gujaf-49	67	3	concluded	conclude	VERB
gujaf-49	67	4	that	that	SCONJ
gujaf-49	67	5	the	the	DET
gujaf-49	67	6	level	level	NOUN
gujaf-49	67	7	of	of	ADP
gujaf-49	67	8	board	board	NOUN
gujaf-49	67	9	interlock	interlock	NOUN
gujaf-49	67	10	is	be	AUX
gujaf-49	67	11	likely	likely	ADJ
gujaf-49	67	12	to	to	PART
gujaf-49	67	13	create	create	VERB
gujaf-49	67	14	favourable	favourable	ADJ
gujaf-49	67	15	conditions	condition	NOUN
gujaf-49	67	16	for	for	ADP
gujaf-49	67	17	the	the	DET
gujaf-49	67	18	reception	reception	NOUN
gujaf-49	67	19	of	of	ADP
gujaf-49	67	20	ideas	idea	NOUN
gujaf-49	67	21	available	available	ADJ
gujaf-49	67	22	through	through	ADP
gujaf-49	67	23	the	the	DET
gujaf-49	67	24	interlocking	interlock	VERB
gujaf-49	67	25	ties	tie	NOUN
gujaf-49	67	26	and	and	CCONJ
gujaf-49	67	27	positively	positively	ADV
gujaf-49	67	28	impacts	impact	NOUN
gujaf-49	67	29	on	on	ADP
gujaf-49	67	30	firm	firm	ADJ
gujaf-49	67	31	performance	performance	NOUN
gujaf-49	67	32	.	.	PUNCT
gujaf-49	68	1	peng	peng	PROPN
gujaf-49	68	2	,	,	PUNCT
gujaf-49	68	3	mutu	mutu	PROPN
gujaf-49	68	4	,	,	PUNCT
gujaf-49	68	5	sauerwald	sauerwald	PROPN
gujaf-49	68	6	and	and	CCONJ
gujaf-49	68	7	wang	wang	PROPN
gujaf-49	68	8	(	(	PUNCT
gujaf-49	68	9	2015	2015	NUM
gujaf-49	68	10	)	)	PUNCT
gujaf-49	68	11	investigated	investigate	VERB
gujaf-49	68	12	board	board	NOUN
gujaf-49	68	13	interlocks	interlock	NOUN
gujaf-49	68	14	and	and	CCONJ
gujaf-49	68	15	corporate	corporate	ADJ
gujaf-49	68	16	performance	performance	NOUN
gujaf-49	68	17	among	among	ADP
gujaf-49	68	18	chinese	chinese	ADJ
gujaf-49	68	19	firms	firm	NOUN
gujaf-49	68	20	listed	list	VERB
gujaf-49	68	21	in	in	ADP
gujaf-49	68	22	hong	hong	PROPN
gujaf-49	68	23	kong	kong	PROPN
gujaf-49	68	24	between	between	ADP
gujaf-49	68	25	1990	1990	NUM
gujaf-49	68	26	and	and	CCONJ
gujaf-49	68	27	2012	2012	NUM
gujaf-49	68	28	.	.	PUNCT
gujaf-49	69	1	the	the	DET
gujaf-49	69	2	findings	finding	NOUN
gujaf-49	69	3	indicate	indicate	VERB
gujaf-49	69	4	that	that	SCONJ
gujaf-49	69	5	network	network	NOUN
gujaf-49	69	6	centrality	centrality	NOUN
gujaf-49	69	7	and	and	CCONJ
gujaf-49	69	8	interlocks	interlock	NOUN
gujaf-49	69	9	help	help	VERB
gujaf-49	69	10	to	to	PART
gujaf-49	69	11	improve	improve	VERB
gujaf-49	69	12	performance	performance	NOUN
gujaf-49	69	13	in	in	ADP
gujaf-49	69	14	varying	vary	VERB
gujaf-49	69	15	degrees	degree	NOUN
gujaf-49	69	16	.	.	PUNCT
gujaf-49	70	1	ahmad	ahmad	PROPN
gujaf-49	70	2	(	(	PUNCT
gujaf-49	70	3	2018	2018	NUM
gujaf-49	70	4	)	)	PUNCT
gujaf-49	70	5	investigated	investigate	VERB
gujaf-49	70	6	interlocking	interlock	VERB
gujaf-49	70	7	directorates	directorate	NOUN
gujaf-49	70	8	and	and	CCONJ
gujaf-49	70	9	financial	financial	ADJ
gujaf-49	70	10	performance	performance	NOUN
gujaf-49	70	11	in	in	ADP
gujaf-49	70	12	pakistani	pakistani	ADJ
gujaf-49	70	13	business	business	NOUN
gujaf-49	70	14	groups	group	NOUN
gujaf-49	70	15	from	from	ADP
gujaf-49	70	16	2011	2011	NUM
gujaf-49	70	17	to	to	ADP
gujaf-49	70	18	2015	2015	NUM
gujaf-49	70	19	for	for	ADP
gujaf-49	70	20	a	a	DET
gujaf-49	70	21	sample	sample	NOUN
gujaf-49	70	22	of	of	ADP
gujaf-49	70	23	55	55	NUM
gujaf-49	70	24	public	public	ADJ
gujaf-49	70	25	limited	limited	ADJ
gujaf-49	70	26	companies	company	NOUN
gujaf-49	70	27	.	.	PUNCT
gujaf-49	71	1	panel	panel	NOUN
gujaf-49	71	2	regression	regression	NOUN
gujaf-49	71	3	method	method	NOUN
gujaf-49	71	4	was	be	AUX
gujaf-49	71	5	used	use	VERB
gujaf-49	71	6	to	to	PART
gujaf-49	71	7	analyze	analyze	VERB
gujaf-49	71	8	the	the	DET
gujaf-49	71	9	data	datum	NOUN
gujaf-49	71	10	.	.	PUNCT
gujaf-49	72	1	the	the	DET
gujaf-49	72	2	finding	finding	NOUN
gujaf-49	72	3	indicates	indicate	VERB
gujaf-49	72	4	that	that	SCONJ
gujaf-49	72	5	vertical	vertical	ADJ
gujaf-49	72	6	interlocking	interlock	VERB
gujaf-49	72	7	directors	director	NOUN
gujaf-49	72	8	increase	increase	VERB
gujaf-49	72	9	the	the	DET
gujaf-49	72	10	performance	performance	NOUN
gujaf-49	72	11	of	of	ADP
gujaf-49	72	12	group	group	NOUN
gujaf-49	72	13	firm	firm	NOUN
gujaf-49	72	14	by	by	ADP
gujaf-49	72	15	supporting	support	VERB
gujaf-49	72	16	in	in	ADP
gujaf-49	72	17	coordination	coordination	NOUN
gujaf-49	72	18	and	and	CCONJ
gujaf-49	72	19	promotion	promotion	NOUN
gujaf-49	72	20	of	of	ADP
gujaf-49	72	21	transactions	transaction	NOUN
gujaf-49	72	22	between	between	ADP
gujaf-49	72	23	group	group	NOUN
gujaf-49	72	24	members	member	NOUN
gujaf-49	72	25	firm	firm	ADJ
gujaf-49	72	26	and	and	CCONJ
gujaf-49	72	27	holding	hold	VERB
gujaf-49	72	28	firm	firm	NOUN
gujaf-49	72	29	.	.	PUNCT
gujaf-49	73	1	pombo	pombo	PROPN
gujaf-49	73	2	and	and	CCONJ
gujaf-49	73	3	gutierrez	gutierrez	PROPN
gujaf-49	73	4	(	(	PUNCT
gujaf-49	73	5	2010	2010	NUM
gujaf-49	73	6	)	)	PUNCT
gujaf-49	73	7	investigated	investigate	VERB
gujaf-49	73	8	the	the	DET
gujaf-49	73	9	impact	impact	NOUN
gujaf-49	73	10	of	of	ADP
gujaf-49	73	11	outside	outside	ADJ
gujaf-49	73	12	directors	director	NOUN
gujaf-49	73	13	,	,	PUNCT
gujaf-49	73	14	board	board	NOUN
gujaf-49	73	15	interlocks	interlock	NOUN
gujaf-49	73	16	and	and	CCONJ
gujaf-49	73	17	nonfinancial	nonfinancial	ADJ
gujaf-49	73	18	firm	firm	ADJ
gujaf-49	73	19	performance	performance	NOUN
gujaf-49	73	20	in	in	ADP
gujaf-49	73	21	colombia	colombia	PROPN
gujaf-49	73	22	.	.	PUNCT
gujaf-49	74	1	a	a	DET
gujaf-49	74	2	sample	sample	NOUN
gujaf-49	74	3	of	of	ADP
gujaf-49	74	4	335	335	NUM
gujaf-49	74	5	firms	firm	NOUN
gujaf-49	74	6	per	per	ADP
gujaf-49	74	7	year	year	NOUN
gujaf-49	74	8	for	for	ADP
gujaf-49	74	9	the	the	DET
gujaf-49	74	10	1996	1996	NUM
gujaf-49	74	11	-	-	SYM
gujaf-49	74	12	2006	2006	NUM
gujaf-49	74	13	period	period	NOUN
gujaf-49	74	14	was	be	AUX
gujaf-49	74	15	examined	examine	VERB
gujaf-49	74	16	.	.	PUNCT
gujaf-49	75	1	the	the	DET
gujaf-49	75	2	study	study	NOUN
gujaf-49	75	3	established	establish	VERB
gujaf-49	75	4	a	a	DET
gujaf-49	75	5	positive	positive	ADJ
gujaf-49	75	6	relation	relation	NOUN
gujaf-49	75	7	between	between	ADP
gujaf-49	75	8	the	the	DET
gujaf-49	75	9	levels	level	NOUN
gujaf-49	75	10	of	of	ADP
gujaf-49	75	11	board	board	NOUN
gujaf-49	75	12	interlocks	interlock	NOUN
gujaf-49	75	13	with	with	ADP
gujaf-49	75	14	firm	firm	ADJ
gujaf-49	75	15	return	return	NOUN
gujaf-49	75	16	-	-	PUNCT
gujaf-49	75	17	on	on	ADP
gujaf-49	75	18	-	-	PUNCT
gujaf-49	75	19	assets	asset	NOUN
gujaf-49	75	20	.	.	PUNCT
gujaf-49	76	1	fligstein	fligstein	PROPN
gujaf-49	76	2	and	and	CCONJ
gujaf-49	76	3	brantley	brantley	PROPN
gujaf-49	76	4	(	(	PUNCT
gujaf-49	76	5	1992	1992	NUM
gujaf-49	76	6	)	)	PUNCT
gujaf-49	76	7	empirical	empirical	ADJ
gujaf-49	76	8	study	study	NOUN
gujaf-49	76	9	revealed	reveal	VERB
gujaf-49	76	10	a	a	DET
gujaf-49	76	11	negative	negative	ADJ
gujaf-49	76	12	relationship	relationship	NOUN
gujaf-49	76	13	between	between	ADP
gujaf-49	76	14	interlocking	interlock	VERB
gujaf-49	76	15	directors	director	NOUN
gujaf-49	76	16	and	and	CCONJ
gujaf-49	76	17	profitability	profitability	NOUN
gujaf-49	76	18	for	for	ADP
gujaf-49	76	19	large	large	ADJ
gujaf-49	76	20	sample	sample	NOUN
gujaf-49	76	21	of	of	ADP
gujaf-49	76	22	us	us	PROPN
gujaf-49	76	23	firms	firm	NOUN
gujaf-49	76	24	.	.	PUNCT
gujaf-49	77	1	in	in	ADP
gujaf-49	77	2	the	the	DET
gujaf-49	77	3	view	view	NOUN
gujaf-49	77	4	of	of	ADP
gujaf-49	77	5	devos	devos	NOUN
gujaf-49	77	6	,	,	PUNCT
gujaf-49	77	7	prevost	prevost	PROPN
gujaf-49	77	8	and	and	CCONJ
gujaf-49	77	9	puthenpurackai	puthenpurackai	NOUN
gujaf-49	77	10	(	(	PUNCT
gujaf-49	77	11	2009	2009	NUM
gujaf-49	77	12	)	)	PUNCT
gujaf-49	77	13	,	,	PUNCT
gujaf-49	77	14	interlocking	interlock	VERB
gujaf-49	77	15	board	board	NOUN
gujaf-49	77	16	membership	membership	NOUN
gujaf-49	77	17	is	be	AUX
gujaf-49	77	18	negatively	negatively	ADV
gujaf-49	77	19	correlated	correlate	VERB
gujaf-49	77	20	with	with	ADP
gujaf-49	77	21	performance	performance	NOUN
gujaf-49	77	22	of	of	ADP
gujaf-49	77	23	firms	firm	NOUN
gujaf-49	77	24	;	;	PUNCT
gujaf-49	77	25	the	the	DET
gujaf-49	77	26	poorly	poorly	ADV
gujaf-49	77	27	performing	perform	VERB
gujaf-49	77	28	firms	firm	NOUN
gujaf-49	77	29	are	be	AUX
gujaf-49	77	30	more	more	ADV
gujaf-49	77	31	likely	likely	ADJ
gujaf-49	77	32	to	to	PART
gujaf-49	77	33	interlock	interlock	VERB
gujaf-49	77	34	directors	director	NOUN
gujaf-49	77	35	on	on	ADP
gujaf-49	77	36	their	their	PRON
gujaf-49	77	37	board	board	NOUN
gujaf-49	77	38	and	and	CCONJ
gujaf-49	77	39	market	market	NOUN
gujaf-49	77	40	reacts	react	VERB
gujaf-49	77	41	on	on	ADP
gujaf-49	77	42	the	the	DET
gujaf-49	77	43	announcement	announcement	NOUN
gujaf-49	77	44	of	of	ADP
gujaf-49	77	45	appointment	appointment	NOUN
gujaf-49	77	46	of	of	ADP
gujaf-49	77	47	directors	director	NOUN
gujaf-49	77	48	that	that	PRON
gujaf-49	77	49	create	create	VERB
gujaf-49	77	50	interlocks	interlock	NOUN
gujaf-49	77	51	.	.	PUNCT
gujaf-49	78	1	the	the	DET
gujaf-49	78	2	researches	research	NOUN
gujaf-49	78	3	of	of	ADP
gujaf-49	78	4	fligstein	fligstein	NOUN
gujaf-49	78	5	and	and	CCONJ
gujaf-49	78	6	brantley	brantley	PROPN
gujaf-49	78	7	(	(	PUNCT
gujaf-49	78	8	1992	1992	NUM
gujaf-49	78	9	)	)	PUNCT
gujaf-49	78	10	;	;	PUNCT
gujaf-49	78	11	devos	devos	ADJ
gujaf-49	78	12	,	,	PUNCT
gujaf-49	78	13	etal	etal	NOUN
gujaf-49	78	14	.	.	PUNCT
gujaf-49	79	1	(	(	PUNCT
gujaf-49	79	2	2009	2009	NUM
gujaf-49	79	3	)	)	PUNCT
gujaf-49	79	4	favorably	favorably	ADV
gujaf-49	79	5	supported	support	VERB
gujaf-49	79	6	the	the	DET
gujaf-49	79	7	study	study	NOUN
gujaf-49	79	8	of	of	ADP
gujaf-49	79	9	peye	peye	NOUN
gujaf-49	79	10	,	,	PUNCT
gujaf-49	79	11	et	et	PROPN
gujaf-49	79	12	al	al	PROPN
gujaf-49	79	13	(	(	PUNCT
gujaf-49	79	14	2012	2012	NUM
gujaf-49	79	15	)	)	PUNCT
gujaf-49	79	16	conducted	conduct	VERB
gujaf-49	79	17	a	a	DET
gujaf-49	79	18	study	study	NOUN
gujaf-49	79	19	on	on	ADP
gujaf-49	79	20	a	a	DET
gujaf-49	79	21	sample	sample	NOUN
gujaf-49	79	22	of	of	ADP
gujaf-49	79	23	swiss	swiss	ADJ
gujaf-49	79	24	firms	firm	NOUN
gujaf-49	79	25	.	.	PUNCT
gujaf-49	80	1	danoshana	danoshana	PROPN
gujaf-49	80	2	and	and	CCONJ
gujaf-49	80	3	ravivathani	ravivathani	ADJ
gujaf-49	80	4	(	(	PUNCT
gujaf-49	80	5	2013	2013	NUM
gujaf-49	80	6	)	)	PUNCT
gujaf-49	80	7	conducted	conduct	VERB
gujaf-49	80	8	a	a	DET
gujaf-49	80	9	research	research	NOUN
gujaf-49	80	10	using	use	VERB
gujaf-49	80	11	data	datum	NOUN
gujaf-49	80	12	collected	collect	VERB
gujaf-49	80	13	from	from	ADP
gujaf-49	80	14	145	145	NUM
gujaf-49	80	15	italian	italian	ADJ
gujaf-49	80	16	manufacturing	manufacturing	NOUN
gujaf-49	80	17	firms	firm	NOUN
gujaf-49	80	18	for	for	ADP
gujaf-49	80	19	the	the	DET
gujaf-49	80	20	period	period	NOUN
gujaf-49	80	21	2001	2001	NUM
gujaf-49	80	22	to	to	ADP
gujaf-49	80	23	2006	2006	NUM
gujaf-49	80	24	.	.	PUNCT
gujaf-49	81	1	the	the	DET
gujaf-49	81	2	study	study	NOUN
gujaf-49	81	3	specifically	specifically	ADV
gujaf-49	81	4	examined	examine	VERB
gujaf-49	81	5	impact	impact	NOUN
gujaf-49	81	6	of	of	ADP
gujaf-49	81	7	interlocking	interlock	VERB
gujaf-49	81	8	board	board	NOUN
gujaf-49	81	9	members	member	NOUN
gujaf-49	81	10	on	on	ADP
gujaf-49	81	11	the	the	DET
gujaf-49	81	12	return	return	NOUN
gujaf-49	81	13	on	on	ADP
gujaf-49	81	14	assets	asset	NOUN
gujaf-49	81	15	of	of	ADP
gujaf-49	81	16	the	the	DET
gujaf-49	81	17	sampled	sample	VERB
gujaf-49	81	18	firms	firm	NOUN
gujaf-49	81	19	in	in	ADP
gujaf-49	81	20	the	the	DET
gujaf-49	81	21	period	period	NOUN
gujaf-49	81	22	.	.	PUNCT
gujaf-49	82	1	the	the	DET
gujaf-49	82	2	finding	finding	NOUN
gujaf-49	82	3	indicates	indicate	VERB
gujaf-49	82	4	that	that	SCONJ
gujaf-49	82	5	board	board	NOUN
gujaf-49	82	6	members	member	NOUN
gujaf-49	82	7	who	who	PRON
gujaf-49	82	8	serve	serve	VERB
gujaf-49	82	9	on	on	ADP
gujaf-49	82	10	multiple	multiple	ADJ
gujaf-49	82	11	boards	board	NOUN
gujaf-49	82	12	exert	exert	VERB
gujaf-49	82	13	a	a	DET
gujaf-49	82	14	negative	negative	ADJ
gujaf-49	82	15	effect	effect	NOUN
gujaf-49	82	16	on	on	ADP
gujaf-49	82	17	firm	firm	ADJ
gujaf-49	82	18	performance	performance	NOUN
gujaf-49	82	19	;	;	PUNCT
gujaf-49	82	20	but	but	CCONJ
gujaf-49	82	21	the	the	DET
gujaf-49	82	22	effect	effect	NOUN
gujaf-49	82	23	is	be	AUX
gujaf-49	82	24	dependent	dependent	ADJ
gujaf-49	82	25	relatively	relatively	ADV
gujaf-49	82	26	on	on	ADP
gujaf-49	82	27	its	its	PRON
gujaf-49	82	28	resources	resource	NOUN
gujaf-49	82	29	.	.	PUNCT
gujaf-49	83	1	the	the	DET
gujaf-49	83	2	research	research	NOUN
gujaf-49	83	3	outcome	outcome	NOUN
gujaf-49	83	4	also	also	ADV
gujaf-49	83	5	indicates	indicate	VERB
gujaf-49	83	6	that	that	SCONJ
gujaf-49	83	7	firm	firm	NOUN
gujaf-49	83	8	with	with	ADP
gujaf-49	83	9	fewer	few	ADJ
gujaf-49	83	10	resources	resource	NOUN
gujaf-49	83	11	perform	perform	VERB
gujaf-49	83	12	better	well	ADV
gujaf-49	83	13	when	when	SCONJ
gujaf-49	83	14	their	their	PRON
gujaf-49	83	15	board	board	NOUN
gujaf-49	83	16	members	member	NOUN
gujaf-49	83	17	also	also	ADV
gujaf-49	83	18	serve	serve	VERB
gujaf-49	83	19	on	on	ADP
gujaf-49	83	20	boards	board	NOUN
gujaf-49	83	21	of	of	ADP
gujaf-49	83	22	firms	firm	NOUN
gujaf-49	83	23	with	with	ADP
gujaf-49	83	24	more	more	ADJ
gujaf-49	83	25	resources	resource	NOUN
gujaf-49	83	26	.	.	PUNCT
gujaf-49	84	1	in	in	ADP
gujaf-49	84	2	contrast	contrast	NOUN
gujaf-49	84	3	,	,	PUNCT
gujaf-49	84	4	the	the	DET
gujaf-49	84	5	research	research	NOUN
gujaf-49	84	6	stress	stress	VERB
gujaf-49	84	7	further	far	ADV
gujaf-49	84	8	that	that	DET
gujaf-49	84	9	firm	firm	NOUN
gujaf-49	84	10	with	with	ADP
gujaf-49	84	11	greater	great	ADJ
gujaf-49	84	12	resources	resource	NOUN
gujaf-49	84	13	performs	perform	VERB
gujaf-49	84	14	worse	bad	ADJ
gujaf-49	84	15	when	when	SCONJ
gujaf-49	84	16	their	their	PRON
gujaf-49	84	17	board	board	NOUN
gujaf-49	84	18	members	member	NOUN
gujaf-49	84	19	also	also	ADV
gujaf-49	84	20	serve	serve	VERB
gujaf-49	84	21	on	on	ADP
gujaf-49	84	22	boards	board	NOUN
gujaf-49	84	23	with	with	ADP
gujaf-49	84	24	more	more	ADJ
gujaf-49	84	25	resources	resource	NOUN
gujaf-49	84	26	constraints	constraint	NOUN
gujaf-49	84	27	.	.	PUNCT
gujaf-49	85	1	contrary	contrary	ADJ
gujaf-49	85	2	to	to	ADP
gujaf-49	85	3	these	these	DET
gujaf-49	85	4	findings	finding	NOUN
gujaf-49	85	5	,	,	PUNCT
gujaf-49	85	6	kiel	kiel	PROPN
gujaf-49	85	7	and	and	CCONJ
gujaf-49	85	8	nicholson	nicholson	PROPN
gujaf-49	85	9	(	(	PUNCT
gujaf-49	85	10	2006	2006	NUM
gujaf-49	85	11	)	)	PUNCT
gujaf-49	85	12	and	and	CCONJ
gujaf-49	85	13	geletkanyez	geletkanyez	ADJ
gujaf-49	85	14	(	(	PUNCT
gujaf-49	85	15	2011	2011	NUM
gujaf-49	85	16	)	)	PUNCT
gujaf-49	85	17	established	establish	VERB
gujaf-49	85	18	no	no	DET
gujaf-49	85	19	direct	direct	ADJ
gujaf-49	85	20	nexus	nexus	NOUN
gujaf-49	85	21	between	between	ADP
gujaf-49	85	22	interlocking	interlock	VERB
gujaf-49	85	23	board	board	NOUN
gujaf-49	85	24	members	member	NOUN
gujaf-49	85	25	and	and	CCONJ
gujaf-49	85	26	firm	firm	ADJ
gujaf-49	85	27	financial	financial	ADJ
gujaf-49	85	28	performance	performance	NOUN
gujaf-49	85	29	.	.	PUNCT
gujaf-49	86	1	the	the	DET
gujaf-49	86	2	author	author	NOUN
gujaf-49	86	3	supported	support	VERB
gujaf-49	86	4	the	the	DET
gujaf-49	86	5	evidence	evidence	NOUN
gujaf-49	86	6	that	that	SCONJ
gujaf-49	86	7	the	the	DET
gujaf-49	86	8	effect	effect	NOUN
gujaf-49	86	9	of	of	ADP
gujaf-49	86	10	interlocking	interlock	VERB
gujaf-49	86	11	board	board	NOUN
gujaf-49	86	12	membership	membership	NOUN
gujaf-49	86	13	on	on	ADP
gujaf-49	86	14	firm	firm	ADJ
gujaf-49	86	15	performance	performance	NOUN
gujaf-49	86	16	is	be	AUX
gujaf-49	86	17	contextual	contextual	ADJ
gujaf-49	86	18	and	and	CCONJ
gujaf-49	86	19	concentrated	concentrate	VERB
gujaf-49	86	20	on	on	ADP
gujaf-49	86	21	the	the	DET
gujaf-49	86	22	firms	firm	NOUN
gujaf-49	86	23	’	'	PUNCT
gujaf-49	86	24	externalities	externality	NOUN
gujaf-49	86	25	such	such	ADJ
gujaf-49	86	26	as	as	ADP
gujaf-49	86	27	industry	industry	NOUN
gujaf-49	86	28	growth	growth	NOUN
gujaf-49	86	29	,	,	PUNCT
gujaf-49	86	30	concentration	concentration	NOUN
gujaf-49	86	31	and	and	CCONJ
gujaf-49	86	32	firm	firm	ADJ
gujaf-49	86	33	diversification	diversification	NOUN
gujaf-49	86	34	.	.	PUNCT
gujaf-49	87	1	hashim	hashim	PROPN
gujaf-49	87	2	(	(	PUNCT
gujaf-49	87	3	2018	2018	NUM
gujaf-49	87	4	)	)	PUNCT
gujaf-49	87	5	suggests	suggest	VERB
gujaf-49	87	6	that	that	SCONJ
gujaf-49	87	7	the	the	DET
gujaf-49	87	8	number	number	NOUN
gujaf-49	87	9	of	of	ADP
gujaf-49	87	10	inter	inter	ADJ
gujaf-49	87	11	directors	director	NOUN
gujaf-49	87	12	should	should	AUX
gujaf-49	87	13	be	be	AUX
gujaf-49	87	14	gusau	gusau	ADJ
gujaf-49	87	15	journal	journal	NOUN
gujaf-49	87	16	of	of	ADP
gujaf-49	87	17	accounting	accounting	NOUN
gujaf-49	87	18	and	and	CCONJ
gujaf-49	87	19	finance	finance	NOUN
gujaf-49	87	20	,	,	PUNCT
gujaf-49	87	21	vol	vol	NOUN
gujaf-49	87	22	.	.	PROPN
gujaf-49	87	23	2	2	NUM
gujaf-49	87	24	,	,	PUNCT
gujaf-49	87	25	issue	issue	NOUN
gujaf-49	87	26	1	1	NUM
gujaf-49	87	27	,	,	PUNCT
gujaf-49	87	28	april	april	PROPN
gujaf-49	87	29	,	,	PUNCT
gujaf-49	87	30	2021	2021	NUM
gujaf-49	87	31	6	6	NUM
gujaf-49	87	32	moderate	moderate	ADJ
gujaf-49	87	33	to	to	PART
gujaf-49	87	34	avoid	avoid	VERB
gujaf-49	87	35	nonlinear	nonlinear	ADJ
gujaf-49	87	36	relationship	relationship	NOUN
gujaf-49	87	37	with	with	ADP
gujaf-49	87	38	firm	firm	ADJ
gujaf-49	87	39	operation	operation	NOUN
gujaf-49	87	40	and	and	CCONJ
gujaf-49	87	41	financial	financial	ADJ
gujaf-49	87	42	performances	performance	NOUN
gujaf-49	87	43	.	.	PUNCT
gujaf-49	88	1	they	they	PRON
gujaf-49	88	2	asserted	assert	VERB
gujaf-49	88	3	that	that	SCONJ
gujaf-49	88	4	interlock	interlock	NOUN
gujaf-49	88	5	directors	director	NOUN
gujaf-49	88	6	have	have	VERB
gujaf-49	88	7	the	the	DET
gujaf-49	88	8	knowledge	knowledge	NOUN
gujaf-49	88	9	,	,	PUNCT
gujaf-49	88	10	expertise	expertise	NOUN
gujaf-49	88	11	,	,	PUNCT
gujaf-49	88	12	skills	skill	NOUN
gujaf-49	88	13	and	and	CCONJ
gujaf-49	88	14	stronger	strong	ADJ
gujaf-49	88	15	incentives	incentive	NOUN
gujaf-49	88	16	to	to	PART
gujaf-49	88	17	actively	actively	ADV
gujaf-49	88	18	monitor	monitor	VERB
gujaf-49	88	19	the	the	DET
gujaf-49	88	20	actions	action	NOUN
gujaf-49	88	21	of	of	ADP
gujaf-49	88	22	management	management	NOUN
gujaf-49	88	23	and	and	CCONJ
gujaf-49	88	24	improve	improve	VERB
gujaf-49	88	25	quality	quality	NOUN
gujaf-49	88	26	of	of	ADP
gujaf-49	88	27	financial	financial	ADJ
gujaf-49	88	28	reporting	reporting	NOUN
gujaf-49	88	29	.	.	PUNCT
gujaf-49	89	1	from	from	ADP
gujaf-49	89	2	all	all	DET
gujaf-49	89	3	the	the	DET
gujaf-49	89	4	literature	literature	NOUN
gujaf-49	89	5	examined	examine	VERB
gujaf-49	89	6	,	,	PUNCT
gujaf-49	89	7	it	it	PRON
gujaf-49	89	8	can	can	AUX
gujaf-49	89	9	be	be	AUX
gujaf-49	89	10	observed	observe	VERB
gujaf-49	89	11	that	that	SCONJ
gujaf-49	89	12	empirical	empirical	ADJ
gujaf-49	89	13	studies	study	NOUN
gujaf-49	89	14	on	on	ADP
gujaf-49	89	15	the	the	DET
gujaf-49	89	16	association	association	NOUN
gujaf-49	89	17	between	between	ADP
gujaf-49	89	18	interlocking	interlock	VERB
gujaf-49	89	19	board	board	NOUN
gujaf-49	89	20	membership	membership	NOUN
gujaf-49	89	21	and	and	CCONJ
gujaf-49	89	22	firm	firm	ADJ
gujaf-49	89	23	financial	financial	ADJ
gujaf-49	89	24	performance	performance	NOUN
gujaf-49	89	25	in	in	ADP
gujaf-49	89	26	the	the	DET
gujaf-49	89	27	context	context	NOUN
gujaf-49	89	28	of	of	ADP
gujaf-49	89	29	nigeria	nigeria	PROPN
gujaf-49	89	30	are	be	AUX
gujaf-49	89	31	not	not	PART
gujaf-49	89	32	available	available	ADJ
gujaf-49	89	33	,	,	PUNCT
gujaf-49	89	34	thus	thus	ADV
gujaf-49	89	35	prompting	prompt	VERB
gujaf-49	89	36	the	the	DET
gujaf-49	89	37	reason	reason	NOUN
gujaf-49	89	38	to	to	PART
gujaf-49	89	39	fill	fill	VERB
gujaf-49	89	40	the	the	DET
gujaf-49	89	41	research	research	NOUN
gujaf-49	89	42	gap	gap	NOUN
gujaf-49	89	43	through	through	ADP
gujaf-49	89	44	this	this	DET
gujaf-49	89	45	study	study	NOUN
gujaf-49	89	46	.	.	PUNCT
gujaf-49	90	1	zona	zona	PROPN
gujaf-49	90	2	and	and	CCONJ
gujaf-49	90	3	gomezmejia	gomezmejia	PROPN
gujaf-49	90	4	(	(	PUNCT
gujaf-49	90	5	2015	2015	NUM
gujaf-49	90	6	)	)	PUNCT
gujaf-49	90	7	in	in	ADP
gujaf-49	90	8	study	study	NOUN
gujaf-49	90	9	on	on	ADP
gujaf-49	90	10	board	board	NOUN
gujaf-49	90	11	interlocks	interlock	NOUN
gujaf-49	90	12	and	and	CCONJ
gujaf-49	90	13	firm	firm	ADJ
gujaf-49	90	14	performance	performance	NOUN
gujaf-49	90	15	in	in	ADP
gujaf-49	90	16	the	the	DET
gujaf-49	90	17	context	context	NOUN
gujaf-49	90	18	of	of	ADP
gujaf-49	90	19	agency	agency	NOUN
gujaf-49	90	20	–	–	PUNCT
gujaf-49	90	21	resource	resource	NOUN
gujaf-49	90	22	dependence	dependence	NOUN
gujaf-49	90	23	perspective	perspective	NOUN
gujaf-49	90	24	on	on	ADP
gujaf-49	90	25	a	a	DET
gujaf-49	90	26	sample	sample	NOUN
gujaf-49	90	27	of	of	ADP
gujaf-49	90	28	145	145	NUM
gujaf-49	90	29	italian	italian	ADJ
gujaf-49	90	30	companies	company	NOUN
gujaf-49	90	31	,	,	PUNCT
gujaf-49	90	32	established	establish	VERB
gujaf-49	90	33	that	that	SCONJ
gujaf-49	90	34	interlocking	interlock	VERB
gujaf-49	90	35	directorates	directorate	NOUN
gujaf-49	90	36	may	may	AUX
gujaf-49	90	37	exert	exert	VERB
gujaf-49	90	38	either	either	CCONJ
gujaf-49	90	39	a	a	DET
gujaf-49	90	40	positive	positive	ADJ
gujaf-49	90	41	or	or	CCONJ
gujaf-49	90	42	a	a	DET
gujaf-49	90	43	negative	negative	ADJ
gujaf-49	90	44	effect	effect	NOUN
gujaf-49	90	45	on	on	ADP
gujaf-49	90	46	firm	firm	ADJ
gujaf-49	90	47	performance	performance	NOUN
gujaf-49	90	48	.	.	PUNCT
gujaf-49	91	1	lamb	lamb	PROPN
gujaf-49	91	2	(	(	PUNCT
gujaf-49	91	3	2017	2017	NUM
gujaf-49	91	4	)	)	PUNCT
gujaf-49	91	5	in	in	ADP
gujaf-49	91	6	a	a	DET
gujaf-49	91	7	study	study	NOUN
gujaf-49	91	8	sought	seek	VERB
gujaf-49	91	9	to	to	PART
gujaf-49	91	10	investigate	investigate	VERB
gujaf-49	91	11	if	if	SCONJ
gujaf-49	91	12	the	the	DET
gujaf-49	91	13	number	number	NOUN
gujaf-49	91	14	of	of	ADP
gujaf-49	91	15	interlocking	interlock	VERB
gujaf-49	91	16	directors	director	NOUN
gujaf-49	91	17	influence	influence	VERB
gujaf-49	91	18	firm	firm	ADJ
gujaf-49	91	19	financial	financial	ADJ
gujaf-49	91	20	performance	performance	NOUN
gujaf-49	91	21	in	in	ADP
gujaf-49	91	22	an	an	DET
gujaf-49	91	23	exploratory	exploratory	ADJ
gujaf-49	91	24	meta	meta	ADJ
gujaf-49	91	25	-	-	PUNCT
gujaf-49	91	26	analysis	analysis	NOUN
gujaf-49	91	27	.	.	PUNCT
gujaf-49	92	1	the	the	DET
gujaf-49	92	2	finding	finding	NOUN
gujaf-49	92	3	indicates	indicate	VERB
gujaf-49	92	4	little	little	ADJ
gujaf-49	92	5	evidence	evidence	NOUN
gujaf-49	92	6	of	of	ADP
gujaf-49	92	7	a	a	DET
gujaf-49	92	8	systematic	systematic	ADJ
gujaf-49	92	9	impact	impact	NOUN
gujaf-49	92	10	of	of	ADP
gujaf-49	92	11	interlocking	interlock	VERB
gujaf-49	92	12	board	board	NOUN
gujaf-49	92	13	directors	director	NOUN
gujaf-49	92	14	on	on	ADP
gujaf-49	92	15	financial	financial	ADJ
gujaf-49	92	16	performance	performance	NOUN
gujaf-49	92	17	of	of	ADP
gujaf-49	92	18	firms	firm	NOUN
gujaf-49	92	19	.	.	PUNCT
gujaf-49	93	1	the	the	DET
gujaf-49	93	2	finding	finding	NOUN
gujaf-49	93	3	is	be	AUX
gujaf-49	93	4	suggestive	suggestive	ADJ
gujaf-49	93	5	that	that	SCONJ
gujaf-49	93	6	interlocking	interlock	VERB
gujaf-49	93	7	directors	director	NOUN
gujaf-49	93	8	may	may	AUX
gujaf-49	93	9	not	not	PART
gujaf-49	93	10	have	have	VERB
gujaf-49	93	11	an	an	DET
gujaf-49	93	12	influence	influence	NOUN
gujaf-49	93	13	on	on	ADP
gujaf-49	93	14	firm	firm	ADJ
gujaf-49	93	15	financial	financial	ADJ
gujaf-49	93	16	performance	performance	NOUN
gujaf-49	93	17	.	.	PUNCT
gujaf-49	94	1	this	this	DET
gujaf-49	94	2	study	study	NOUN
gujaf-49	94	3	employs	employ	VERB
gujaf-49	94	4	the	the	DET
gujaf-49	94	5	upper	upper	ADJ
gujaf-49	94	6	echelon	echelon	NOUN
gujaf-49	94	7	theory	theory	NOUN
gujaf-49	94	8	to	to	PART
gujaf-49	94	9	explain	explain	VERB
gujaf-49	94	10	the	the	DET
gujaf-49	94	11	link	link	NOUN
gujaf-49	94	12	between	between	ADP
gujaf-49	94	13	interlocking	interlock	VERB
gujaf-49	94	14	board	board	NOUN
gujaf-49	94	15	membership	membership	NOUN
gujaf-49	94	16	and	and	CCONJ
gujaf-49	94	17	firm	firm	ADJ
gujaf-49	94	18	financial	financial	ADJ
gujaf-49	94	19	performance	performance	NOUN
gujaf-49	94	20	.	.	PUNCT
gujaf-49	95	1	the	the	DET
gujaf-49	95	2	upper	upper	ADJ
gujaf-49	95	3	echelon	echelon	NOUN
gujaf-49	95	4	theory	theory	NOUN
gujaf-49	95	5	developed	develop	VERB
gujaf-49	95	6	by	by	ADP
gujaf-49	95	7	hambrick	hambrick	NOUN
gujaf-49	95	8	and	and	CCONJ
gujaf-49	95	9	mason	mason	PROPN
gujaf-49	95	10	(	(	PUNCT
gujaf-49	95	11	1984	1984	NUM
gujaf-49	95	12	)	)	PUNCT
gujaf-49	95	13	states	state	VERB
gujaf-49	95	14	that	that	SCONJ
gujaf-49	95	15	organization	organization	NOUN
gujaf-49	95	16	’s	’s	PART
gujaf-49	95	17	outcome	outcome	NOUN
gujaf-49	95	18	;	;	PUNCT
gujaf-49	95	19	strategic	strategic	ADJ
gujaf-49	95	20	choices	choice	NOUN
gujaf-49	95	21	and	and	CCONJ
gujaf-49	95	22	performance	performance	NOUN
gujaf-49	95	23	level	level	NOUN
gujaf-49	95	24	are	be	AUX
gujaf-49	95	25	partially	partially	ADV
gujaf-49	95	26	predicted	predict	VERB
gujaf-49	95	27	by	by	ADP
gujaf-49	95	28	managerial	managerial	ADJ
gujaf-49	95	29	background	background	NOUN
gujaf-49	95	30	and	and	CCONJ
gujaf-49	95	31	characteristics	characteristic	NOUN
gujaf-49	95	32	.	.	PUNCT
gujaf-49	96	1	the	the	DET
gujaf-49	96	2	theory	theory	NOUN
gujaf-49	96	3	describes	describe	VERB
gujaf-49	96	4	how	how	SCONJ
gujaf-49	96	5	board	board	NOUN
gujaf-49	96	6	directors	director	NOUN
gujaf-49	96	7	’	’	PART
gujaf-49	96	8	behavior	behavior	NOUN
gujaf-49	96	9	towards	towards	ADP
gujaf-49	96	10	firm	firm	ADJ
gujaf-49	96	11	performance	performance	NOUN
gujaf-49	96	12	is	be	AUX
gujaf-49	96	13	a	a	DET
gujaf-49	96	14	function	function	NOUN
gujaf-49	96	15	of	of	ADP
gujaf-49	96	16	personal	personal	ADJ
gujaf-49	96	17	experiences	experience	NOUN
gujaf-49	96	18	and	and	CCONJ
gujaf-49	96	19	values	value	NOUN
gujaf-49	96	20	(	(	PUNCT
gujaf-49	96	21	hambrick	hambrick	PROPN
gujaf-49	96	22	&	&	CCONJ
gujaf-49	96	23	masson	masson	PROPN
gujaf-49	96	24	,	,	PUNCT
gujaf-49	96	25	1984	1984	NUM
gujaf-49	96	26	)	)	PUNCT
gujaf-49	96	27	.	.	PUNCT
gujaf-49	97	1	conventionally	conventionally	ADV
gujaf-49	97	2	,	,	PUNCT
gujaf-49	97	3	board	board	NOUN
gujaf-49	97	4	director	director	NOUN
gujaf-49	97	5	prior	prior	ADV
gujaf-49	97	6	long	long	ADV
gujaf-49	97	7	standing	standing	NOUN
gujaf-49	97	8	work	work	NOUN
gujaf-49	97	9	experiences	experience	NOUN
gujaf-49	97	10	are	be	AUX
gujaf-49	97	11	imperative	imperative	ADJ
gujaf-49	97	12	(	(	PUNCT
gujaf-49	97	13	hambrick	hambrick	VERB
gujaf-49	97	14	,	,	PUNCT
gujaf-49	97	15	2007	2007	NUM
gujaf-49	97	16	)	)	PUNCT
gujaf-49	97	17	.	.	PUNCT
gujaf-49	98	1	terjesen	terjesen	PROPN
gujaf-49	98	2	et	et	PROPN
gujaf-49	98	3	al	al	PROPN
gujaf-49	98	4	.	.	PUNCT
gujaf-49	99	1	(	(	PUNCT
gujaf-49	99	2	2016	2016	NUM
gujaf-49	99	3	)	)	PUNCT
gujaf-49	99	4	,	,	PUNCT
gujaf-49	99	5	in	in	ADP
gujaf-49	99	6	explaining	explain	VERB
gujaf-49	99	7	further	far	ADV
gujaf-49	99	8	the	the	DET
gujaf-49	99	9	upper	upper	ADJ
gujaf-49	99	10	echelon	echelon	NOUN
gujaf-49	99	11	theory	theory	NOUN
gujaf-49	99	12	,	,	PUNCT
gujaf-49	99	13	emphasized	emphasize	VERB
gujaf-49	99	14	that	that	SCONJ
gujaf-49	99	15	a	a	DET
gujaf-49	99	16	board	board	NOUN
gujaf-49	99	17	consisting	consist	VERB
gujaf-49	99	18	of	of	ADP
gujaf-49	99	19	interlocking	interlock	VERB
gujaf-49	99	20	directors	director	NOUN
gujaf-49	99	21	,	,	PUNCT
gujaf-49	99	22	nationality	nationality	NOUN
gujaf-49	99	23	and	and	CCONJ
gujaf-49	99	24	reputation	reputation	NOUN
gujaf-49	99	25	,	,	PUNCT
gujaf-49	99	26	vast	vast	ADJ
gujaf-49	99	27	and	and	CCONJ
gujaf-49	99	28	diverse	diverse	ADJ
gujaf-49	99	29	set	set	NOUN
gujaf-49	99	30	of	of	ADP
gujaf-49	99	31	knowledge	knowledge	NOUN
gujaf-49	99	32	and	and	CCONJ
gujaf-49	99	33	skills	skill	NOUN
gujaf-49	99	34	is	be	AUX
gujaf-49	99	35	likely	likely	ADJ
gujaf-49	99	36	to	to	PART
gujaf-49	99	37	influence	influence	VERB
gujaf-49	99	38	the	the	DET
gujaf-49	99	39	company	company	NOUN
gujaf-49	99	40	financial	financial	ADJ
gujaf-49	99	41	performance	performance	NOUN
gujaf-49	99	42	.	.	PUNCT
gujaf-49	100	1	marimuthu	marimuthu	NOUN
gujaf-49	100	2	and	and	CCONJ
gujaf-49	100	3	kolandaisamy	kolandaisamy	NOUN
gujaf-49	100	4	(	(	PUNCT
gujaf-49	100	5	2009	2009	NUM
gujaf-49	100	6	)	)	PUNCT
gujaf-49	100	7	in	in	ADP
gujaf-49	100	8	a	a	DET
gujaf-49	100	9	research	research	NOUN
gujaf-49	100	10	,	,	PUNCT
gujaf-49	100	11	contributed	contribute	VERB
gujaf-49	100	12	that	that	SCONJ
gujaf-49	100	13	one	one	NUM
gujaf-49	100	14	of	of	ADP
gujaf-49	100	15	the	the	DET
gujaf-49	100	16	most	most	ADV
gujaf-49	100	17	effective	effective	ADJ
gujaf-49	100	18	theories	theory	NOUN
gujaf-49	100	19	that	that	PRON
gujaf-49	100	20	can	can	AUX
gujaf-49	100	21	be	be	AUX
gujaf-49	100	22	used	use	VERB
gujaf-49	100	23	to	to	PART
gujaf-49	100	24	underpin	underpin	VERB
gujaf-49	100	25	studies	study	NOUN
gujaf-49	100	26	on	on	ADP
gujaf-49	100	27	board	board	NOUN
gujaf-49	100	28	heterogeneity	heterogeneity	NOUN
gujaf-49	100	29	is	be	AUX
gujaf-49	100	30	the	the	DET
gujaf-49	100	31	upper	upper	ADJ
gujaf-49	100	32	echelon	echelon	NOUN
gujaf-49	100	33	theory	theory	NOUN
gujaf-49	100	34	.	.	PUNCT
gujaf-49	101	1	in	in	ADP
gujaf-49	101	2	the	the	DET
gujaf-49	101	3	context	context	NOUN
gujaf-49	101	4	of	of	ADP
gujaf-49	101	5	the	the	DET
gujaf-49	101	6	upper	upper	ADJ
gujaf-49	101	7	echelon	echelon	NOUN
gujaf-49	101	8	theory	theory	NOUN
gujaf-49	101	9	,	,	PUNCT
gujaf-49	101	10	it	it	PRON
gujaf-49	101	11	is	be	AUX
gujaf-49	101	12	likely	likely	ADJ
gujaf-49	101	13	that	that	SCONJ
gujaf-49	101	14	in	in	ADP
gujaf-49	101	15	a	a	DET
gujaf-49	101	16	relatively	relatively	ADV
gujaf-49	101	17	stable	stable	ADJ
gujaf-49	101	18	environment	environment	NOUN
gujaf-49	101	19	,	,	PUNCT
gujaf-49	101	20	team	team	NOUN
gujaf-49	101	21	homogeneity	homogeneity	NOUN
gujaf-49	101	22	and	and	CCONJ
gujaf-49	101	23	specifically	specifically	ADV
gujaf-49	101	24	board	board	NOUN
gujaf-49	101	25	interlocks	interlock	NOUN
gujaf-49	101	26	will	will	AUX
gujaf-49	101	27	positively	positively	ADV
gujaf-49	101	28	promote	promote	VERB
gujaf-49	101	29	firm	firm	ADJ
gujaf-49	101	30	profitability	profitability	NOUN
gujaf-49	101	31	;	;	PUNCT
gujaf-49	101	32	but	but	CCONJ
gujaf-49	101	33	in	in	ADP
gujaf-49	101	34	a	a	DET
gujaf-49	101	35	turbulent	turbulent	ADJ
gujaf-49	101	36	environment	environment	NOUN
gujaf-49	101	37	,	,	PUNCT
gujaf-49	101	38	especially	especially	ADV
gujaf-49	101	39	discontinuous	discontinuous	ADJ
gujaf-49	101	40	environment	environment	NOUN
gujaf-49	101	41	;	;	PUNCT
gujaf-49	101	42	team	team	NOUN
gujaf-49	101	43	heterogeneity	heterogeneity	NOUN
gujaf-49	101	44	and	and	CCONJ
gujaf-49	101	45	board	board	NOUN
gujaf-49	101	46	interlocks	interlock	NOUN
gujaf-49	101	47	may	may	AUX
gujaf-49	101	48	negatively	negatively	ADV
gujaf-49	101	49	affect	affect	VERB
gujaf-49	101	50	a	a	DET
gujaf-49	101	51	firm	firm	ADJ
gujaf-49	101	52	profitability	profitability	NOUN
gujaf-49	101	53	(	(	PUNCT
gujaf-49	101	54	marimuthu	marimuthu	NOUN
gujaf-49	101	55	&	&	CCONJ
gujaf-49	101	56	kolandaisamy	kolandaisamy	PROPN
gujaf-49	101	57	,	,	PUNCT
gujaf-49	101	58	2009	2009	NUM
gujaf-49	101	59	)	)	PUNCT
gujaf-49	101	60	.	.	PUNCT
gujaf-49	102	1	the	the	DET
gujaf-49	102	2	quoted	quote	VERB
gujaf-49	102	3	firms	firm	NOUN
gujaf-49	102	4	in	in	ADP
gujaf-49	102	5	nigeria	nigeria	PROPN
gujaf-49	102	6	have	have	AUX
gujaf-49	102	7	operated	operate	VERB
gujaf-49	102	8	under	under	ADP
gujaf-49	102	9	a	a	DET
gujaf-49	102	10	harsh	harsh	ADJ
gujaf-49	102	11	corporate	corporate	ADJ
gujaf-49	102	12	environment	environment	NOUN
gujaf-49	102	13	occasioned	occasion	VERB
gujaf-49	102	14	by	by	ADP
gujaf-49	102	15	macro	macro	ADJ
gujaf-49	102	16	-	-	ADJ
gujaf-49	102	17	economic	economic	ADJ
gujaf-49	102	18	challenges	challenge	NOUN
gujaf-49	102	19	over	over	ADP
gujaf-49	102	20	the	the	DET
gujaf-49	102	21	years	year	NOUN
gujaf-49	102	22	.	.	PUNCT
gujaf-49	103	1	researches	research	NOUN
gujaf-49	103	2	that	that	PRON
gujaf-49	103	3	have	have	AUX
gujaf-49	103	4	examined	examine	VERB
gujaf-49	103	5	the	the	DET
gujaf-49	103	6	association	association	NOUN
gujaf-49	103	7	between	between	ADP
gujaf-49	103	8	interlocking	interlock	VERB
gujaf-49	103	9	board	board	NOUN
gujaf-49	103	10	membership	membership	NOUN
gujaf-49	103	11	and	and	CCONJ
gujaf-49	103	12	firm	firm	ADJ
gujaf-49	103	13	financial	financial	ADJ
gujaf-49	103	14	performance	performance	NOUN
gujaf-49	103	15	in	in	ADP
gujaf-49	103	16	the	the	DET
gujaf-49	103	17	context	context	NOUN
gujaf-49	103	18	of	of	ADP
gujaf-49	103	19	the	the	DET
gujaf-49	103	20	upper	upper	ADJ
gujaf-49	103	21	echelon	echelon	NOUN
gujaf-49	103	22	theory	theory	NOUN
gujaf-49	103	23	on	on	ADP
gujaf-49	103	24	the	the	DET
gujaf-49	103	25	empirical	empirical	ADJ
gujaf-49	103	26	fronts	front	NOUN
gujaf-49	103	27	in	in	ADP
gujaf-49	103	28	the	the	DET
gujaf-49	103	29	emerging	emerge	VERB
gujaf-49	103	30	economy	economy	NOUN
gujaf-49	103	31	of	of	ADP
gujaf-49	103	32	nigeria	nigeria	PROPN
gujaf-49	103	33	are	be	AUX
gujaf-49	103	34	scarce	scarce	ADJ
gujaf-49	103	35	,	,	PUNCT
gujaf-49	103	36	hence	hence	ADV
gujaf-49	103	37	this	this	DET
gujaf-49	103	38	study	study	NOUN
gujaf-49	103	39	is	be	AUX
gujaf-49	103	40	undertaken	undertake	VERB
gujaf-49	103	41	.	.	PUNCT
gujaf-49	104	1	3	3	X
gujaf-49	104	2	.	.	X
gujaf-49	104	3	methodology	methodology	NOUN
gujaf-49	104	4	and	and	CCONJ
gujaf-49	104	5	model	model	NOUN
gujaf-49	104	6	specification	specification	NOUN
gujaf-49	104	7	this	this	DET
gujaf-49	104	8	study	study	NOUN
gujaf-49	104	9	examines	examine	VERB
gujaf-49	104	10	the	the	DET
gujaf-49	104	11	effect	effect	NOUN
gujaf-49	104	12	of	of	ADP
gujaf-49	104	13	interlocking	interlock	VERB
gujaf-49	104	14	board	board	NOUN
gujaf-49	104	15	membership	membership	NOUN
gujaf-49	104	16	on	on	ADP
gujaf-49	104	17	firm	firm	ADJ
gujaf-49	104	18	financial	financial	ADJ
gujaf-49	104	19	performance	performance	NOUN
gujaf-49	104	20	using	use	VERB
gujaf-49	104	21	causal	causal	NOUN
gujaf-49	104	22	-	-	PUNCT
gujaf-49	104	23	research	research	NOUN
gujaf-49	104	24	design	design	NOUN
gujaf-49	104	25	.	.	PUNCT
gujaf-49	105	1	the	the	DET
gujaf-49	105	2	study	study	NOUN
gujaf-49	105	3	population	population	NOUN
gujaf-49	105	4	consists	consist	VERB
gujaf-49	105	5	of	of	ADP
gujaf-49	105	6	listed	list	VERB
gujaf-49	105	7	nonfinancial	nonfinancial	ADJ
gujaf-49	105	8	firms	firm	NOUN
gujaf-49	105	9	in	in	ADP
gujaf-49	105	10	nigeria	nigeria	PROPN
gujaf-49	105	11	.	.	PUNCT
gujaf-49	106	1	fifty	fifty	NUM
gujaf-49	106	2	(	(	PUNCT
gujaf-49	106	3	50	50	NUM
gujaf-49	106	4	)	)	PUNCT
gujaf-49	106	5	listed	list	VERB
gujaf-49	106	6	nonfinancial	nonfinancial	ADJ
gujaf-49	106	7	firms	firm	NOUN
gujaf-49	106	8	were	be	AUX
gujaf-49	106	9	selected	select	VERB
gujaf-49	106	10	using	use	VERB
gujaf-49	106	11	the	the	DET
gujaf-49	106	12	simple	simple	ADJ
gujaf-49	106	13	random	random	ADJ
gujaf-49	106	14	sampling	sampling	NOUN
gujaf-49	106	15	technique	technique	NOUN
gujaf-49	106	16	in	in	ADP
gujaf-49	106	17	the	the	DET
gujaf-49	106	18	period	period	NOUN
gujaf-49	106	19	2007	2007	NUM
gujaf-49	106	20	to	to	ADP
gujaf-49	106	21	2018	2018	NUM
gujaf-49	106	22	.	.	PUNCT
gujaf-49	107	1	this	this	PRON
gujaf-49	107	2	represents	represent	VERB
gujaf-49	107	3	about	about	ADV
gujaf-49	107	4	six	six	NUM
gujaf-49	107	5	hundred	hundred	NUM
gujaf-49	107	6	firmannual	firmannual	ADJ
gujaf-49	107	7	observations	observation	NOUN
gujaf-49	107	8	.	.	PUNCT
gujaf-49	108	1	the	the	DET
gujaf-49	108	2	descriptive	descriptive	ADJ
gujaf-49	108	3	statistics	statistic	NOUN
gujaf-49	108	4	,	,	PUNCT
gujaf-49	108	5	correlation	correlation	NOUN
gujaf-49	108	6	statistics	statistic	NOUN
gujaf-49	108	7	and	and	CCONJ
gujaf-49	108	8	general	general	ADJ
gujaf-49	108	9	method	method	NOUN
gujaf-49	108	10	of	of	ADP
gujaf-49	108	11	moment	moment	NOUN
gujaf-49	108	12	(	(	PUNCT
gujaf-49	108	13	gmm	gmm	NOUN
gujaf-49	108	14	)	)	PUNCT
gujaf-49	108	15	were	be	AUX
gujaf-49	108	16	employed	employ	VERB
gujaf-49	108	17	to	to	PART
gujaf-49	108	18	analyze	analyze	VERB
gujaf-49	108	19	the	the	DET
gujaf-49	108	20	data	datum	NOUN
gujaf-49	108	21	.	.	PUNCT
gujaf-49	109	1	the	the	DET
gujaf-49	109	2	robustness	robustness	NOUN
gujaf-49	109	3	tests	test	NOUN
gujaf-49	109	4	were	be	AUX
gujaf-49	109	5	also	also	ADV
gujaf-49	109	6	carried	carry	VERB
gujaf-49	109	7	out	out	ADP
gujaf-49	109	8	using	use	VERB
gujaf-49	109	9	eview	eview	PROPN
gujaf-49	109	10	8.0	8.0	NUM
gujaf-49	109	11	software	software	NOUN
gujaf-49	109	12	.	.	PUNCT
gujaf-49	110	1	the	the	DET
gujaf-49	110	2	model	model	NOUN
gujaf-49	110	3	used	use	VERB
gujaf-49	110	4	is	be	AUX
gujaf-49	110	5	in	in	ADP
gujaf-49	110	6	the	the	DET
gujaf-49	110	7	study	study	NOUN
gujaf-49	110	8	is	be	AUX
gujaf-49	110	9	adapted	adapt	VERB
gujaf-49	110	10	from	from	ADP
gujaf-49	110	11	the	the	DET
gujaf-49	110	12	studies	study	NOUN
gujaf-49	110	13	of	of	ADP
gujaf-49	110	14	pombo	pombo	NOUN
gujaf-49	110	15	and	and	CCONJ
gujaf-49	110	16	gutierrez	gutierrez	PROPN
gujaf-49	110	17	(	(	PUNCT
gujaf-49	110	18	2010	2010	NUM
gujaf-49	110	19	)	)	PUNCT
gujaf-49	110	20	;	;	PUNCT
gujaf-49	110	21	zona	zona	PROPN
gujaf-49	110	22	and	and	CCONJ
gujaf-49	110	23	gomez	gomez	PROPN
gujaf-49	110	24	-	-	PUNCT
gujaf-49	110	25	mejia	mejia	PROPN
gujaf-49	110	26	(	(	PUNCT
gujaf-49	110	27	2015	2015	NUM
gujaf-49	110	28	)	)	PUNCT
gujaf-49	110	29	;	;	PUNCT
gujaf-49	110	30	and	and	CCONJ
gujaf-49	110	31	lamb	lamb	PROPN
gujaf-49	110	32	(	(	PUNCT
gujaf-49	110	33	2017	2017	NUM
gujaf-49	110	34	)	)	PUNCT
gujaf-49	110	35	.	.	PUNCT
gujaf-49	111	1	the	the	DET
gujaf-49	111	2	models	model	NOUN
gujaf-49	111	3	were	be	AUX
gujaf-49	111	4	modified	modify	VERB
gujaf-49	111	5	,	,	PUNCT
gujaf-49	111	6	stated	state	VERB
gujaf-49	111	7	in	in	ADP
gujaf-49	111	8	a	a	DET
gujaf-49	111	9	stochastic	stochastic	ADJ
gujaf-49	111	10	form	form	NOUN
gujaf-49	111	11	as	as	SCONJ
gujaf-49	111	12	follow	follow	VERB
gujaf-49	111	13	:	:	PUNCT
gujaf-49	111	14	gusau	gusau	ADJ
gujaf-49	111	15	journal	journal	NOUN
gujaf-49	111	16	of	of	ADP
gujaf-49	111	17	accounting	accounting	NOUN
gujaf-49	111	18	and	and	CCONJ
gujaf-49	111	19	finance	finance	NOUN
gujaf-49	111	20	,	,	PUNCT
gujaf-49	111	21	vol	vol	NOUN
gujaf-49	111	22	.	.	PROPN
gujaf-49	111	23	2	2	NUM
gujaf-49	111	24	,	,	PUNCT
gujaf-49	111	25	issue	issue	NOUN
gujaf-49	111	26	1	1	NUM
gujaf-49	111	27	,	,	PUNCT
gujaf-49	111	28	april	april	PROPN
gujaf-49	111	29	,	,	PUNCT
gujaf-49	111	30	2021	2021	NUM
gujaf-49	111	31	7	7	NUM
gujaf-49	111	32	𝑅𝑂𝐸𝑖𝑡	𝑅𝑂𝐸𝑖𝑡	PROPN
gujaf-49	111	33	=	=	PUNCT
gujaf-49	111	34	𝛽0	𝛽0	PROPN
gujaf-49	111	35	+	+	CCONJ
gujaf-49	111	36	𝛽1𝑅𝑂𝐸𝑖𝑡−1	𝛽1𝑅𝑂𝐸𝑖𝑡−1	NOUN
gujaf-49	111	37	+	+	CCONJ
gujaf-49	111	38	𝛽2𝐼𝑏𝑚𝑖𝑡	𝛽2𝐼𝑏𝑚𝑖𝑡	PROPN
gujaf-49	111	39	+	+	CCONJ
gujaf-49	111	40	𝛽3𝐵𝑠𝑖𝑧𝑒𝑖𝑡	𝛽3𝐵𝑠𝑖𝑧𝑒𝑖𝑡	PROPN
gujaf-49	111	41	+	+	CCONJ
gujaf-49	111	42	𝛽4	𝛽4	PROPN
gujaf-49	111	43	𝑐𝑜𝑛𝑡𝑟𝑜𝑙	𝑐𝑜𝑛𝑡𝑟𝑜𝑙	NOUN
gujaf-49	111	44	𝑣𝑎𝑟𝑖𝑎𝑏𝑙𝑒	𝑣𝑎𝑟𝑖𝑎𝑏𝑙𝑒	ADJ
gujaf-49	111	45	𝑖𝑡	𝑖𝑡	PUNCT
gujaf-49	112	1	+	+	CCONJ
gujaf-49	112	2	+	+	ADJ
gujaf-49	112	3	𝜀𝑖𝑡	𝜀𝑖𝑡	VERB
gujaf-49	112	4	…	…	PUNCT
gujaf-49	112	5	where	where	SCONJ
gujaf-49	112	6	,	,	PUNCT
gujaf-49	112	7	𝑅𝑂𝐸𝑖𝑡	𝑅𝑂𝐸𝑖𝑡	PROPN
gujaf-49	112	8	=	=	SYM
gujaf-49	112	9	return	return	NOUN
gujaf-49	112	10	on	on	ADP
gujaf-49	112	11	equity	equity	NOUN
gujaf-49	112	12	of	of	ADP
gujaf-49	112	13	𝑖	𝑖	DET
gujaf-49	112	14	firm	firm	NOUN
gujaf-49	112	15	in	in	ADP
gujaf-49	112	16	𝑡	𝑡	PROPN
gujaf-49	112	17	period	period	NOUN
gujaf-49	112	18	;	;	PUNCT
gujaf-49	112	19	;	;	PUNCT
gujaf-49	112	20	𝐼𝑏𝑚𝑖𝑡	𝐼𝑏𝑚𝑖𝑡	PROPN
gujaf-49	112	21	=	=	PUNCT
gujaf-49	112	22	interlocking	interlock	VERB
gujaf-49	112	23	board	board	NOUN
gujaf-49	112	24	membership	membership	NOUN
gujaf-49	112	25	of	of	ADP
gujaf-49	112	26	𝑖	𝑖	DET
gujaf-49	112	27	firm	firm	NOUN
gujaf-49	112	28	in	in	ADP
gujaf-49	112	29	𝑡	𝑡	PROPN
gujaf-49	112	30	period	period	NOUN
gujaf-49	112	31	;	;	PUNCT
gujaf-49	112	32	𝐵𝑠𝑖𝑧𝑒𝑖𝑡	𝐵𝑠𝑖𝑧𝑒𝑖𝑡	PROPN
gujaf-49	112	33	=	=	PUNCT
gujaf-49	112	34	board	board	NOUN
gujaf-49	112	35	size	size	NOUN
gujaf-49	112	36	of	of	ADP
gujaf-49	112	37	𝑖	𝑖	DET
gujaf-49	112	38	firm	firm	NOUN
gujaf-49	112	39	in	in	ADP
gujaf-49	112	40	𝑡	𝑡	PROPN
gujaf-49	112	41	period	period	NOUN
gujaf-49	112	42	and	and	CCONJ
gujaf-49	112	43	𝐶𝑜𝑛𝑡𝑟𝑜𝑙	𝐶𝑜𝑛𝑡𝑟𝑜𝑙	PROPN
gujaf-49	112	44	𝑣𝑎𝑟𝑖𝑎𝑏𝑙𝑒𝑠𝑖𝑡=	𝑣𝑎𝑟𝑖𝑎𝑏𝑙𝑒𝑠𝑖𝑡=	NUM
gujaf-49	112	45	consists	consist	VERB
gujaf-49	112	46	of	of	ADP
gujaf-49	112	47	firm	firm	ADJ
gujaf-49	112	48	size	size	NOUN
gujaf-49	112	49	;	;	PUNCT
gujaf-49	112	50	𝑖	𝑖	SYM
gujaf-49	112	51	=	=	SYM
gujaf-49	112	52	individual	individual	ADJ
gujaf-49	112	53	firm	firm	NOUN
gujaf-49	112	54	in	in	ADP
gujaf-49	112	55	the	the	DET
gujaf-49	112	56	sample	sample	NOUN
gujaf-49	112	57	size	size	NOUN
gujaf-49	112	58	;	;	PUNCT
gujaf-49	112	59	𝑡	𝑡	PROPN
gujaf-49	112	60	=	=	VERB
gujaf-49	112	61	period	period	NOUN
gujaf-49	112	62	the	the	DET
gujaf-49	112	63	study	study	NOUN
gujaf-49	112	64	covers	cover	VERB
gujaf-49	112	65	;	;	PUNCT
gujaf-49	112	66	𝜀	𝜀	X
gujaf-49	112	67	=	=	NOUN
gujaf-49	112	68	error	error	NOUN
gujaf-49	112	69	term	term	NOUN
gujaf-49	112	70	acting	act	VERB
gujaf-49	112	71	as	as	ADP
gujaf-49	112	72	a	a	DET
gujaf-49	112	73	surrogate	surrogate	NOUN
gujaf-49	112	74	in	in	ADP
gujaf-49	112	75	the	the	DET
gujaf-49	112	76	models	model	NOUN
gujaf-49	112	77	and	and	CCONJ
gujaf-49	112	78	𝛽0	𝛽0	NOUN
gujaf-49	112	79	=	=	SYM
gujaf-49	112	80	intercept	intercept	PROPN
gujaf-49	112	81	.	.	PROPN
gujaf-49	112	82	table	table	NOUN
gujaf-49	113	1	1	1	NUM
gujaf-49	113	2	:	:	PUNCT
gujaf-49	113	3	measurement	measurement	NOUN
gujaf-49	113	4	of	of	ADP
gujaf-49	113	5	the	the	DET
gujaf-49	113	6	variables	variable	NOUN
gujaf-49	113	7	s	s	PROPN
gujaf-49	113	8	/	/	SYM
gujaf-49	113	9	n	n	CCONJ
gujaf-49	113	10	variables	variable	NOUN
gujaf-49	113	11	type	type	NOUN
gujaf-49	113	12	of	of	ADP
gujaf-49	113	13	variable	variable	ADJ
gujaf-49	113	14	measurement	measurement	NOUN
gujaf-49	113	15	source	source	NOUN
gujaf-49	113	16	1	1	NUM
gujaf-49	113	17	financial	financial	ADJ
gujaf-49	113	18	performance	performance	NOUN
gujaf-49	113	19	dependent	dependent	ADJ
gujaf-49	113	20	variable	variable	NOUN
gujaf-49	113	21	measured	measure	VERB
gujaf-49	113	22	using	use	VERB
gujaf-49	113	23	return	return	NOUN
gujaf-49	113	24	on	on	ADP
gujaf-49	113	25	equity	equity	NOUN
gujaf-49	113	26	(	(	PUNCT
gujaf-49	113	27	roe	roe	PROPN
gujaf-49	113	28	)	)	PUNCT
gujaf-49	113	29	rossi	rossi	PROPN
gujaf-49	113	30	,	,	PUNCT
gujaf-49	113	31	nerino	nerino	ADJ
gujaf-49	113	32	and	and	CCONJ
gujaf-49	113	33	capasso	capasso	PROPN
gujaf-49	113	34	(	(	PUNCT
gujaf-49	113	35	2015	2015	NUM
gujaf-49	113	36	)	)	PUNCT
gujaf-49	113	37	2	2	NUM
gujaf-49	113	38	return	return	NOUN
gujaf-49	113	39	on	on	ADP
gujaf-49	113	40	equity	equity	NOUN
gujaf-49	113	41	dependent	dependent	ADJ
gujaf-49	113	42	variable	variable	NOUN
gujaf-49	113	43	computed	compute	VERB
gujaf-49	113	44	with	with	ADP
gujaf-49	113	45	the	the	DET
gujaf-49	113	46	formula	formula	NOUN
gujaf-49	113	47	:	:	PUNCT
gujaf-49	113	48	profit	profit	NOUN
gujaf-49	113	49	after	after	ADP
gujaf-49	113	50	tax/	tax/	PROPN
gujaf-49	113	51	equity	equity	PROPN
gujaf-49	113	52	.	.	PUNCT
gujaf-49	114	1	rossi	rossi	PROPN
gujaf-49	114	2	,	,	PUNCT
gujaf-49	114	3	nerino	nerino	ADJ
gujaf-49	114	4	and	and	CCONJ
gujaf-49	114	5	capasso	capasso	PROPN
gujaf-49	114	6	(	(	PUNCT
gujaf-49	114	7	2015	2015	NUM
gujaf-49	114	8	)	)	PUNCT
gujaf-49	114	9	3	3	NUM
gujaf-49	114	10	interlocking	interlock	VERB
gujaf-49	114	11	board	board	NOUN
gujaf-49	114	12	membership	membership	NOUN
gujaf-49	114	13	independent	independent	ADJ
gujaf-49	114	14	variable	variable	ADJ
gujaf-49	114	15	total	total	ADJ
gujaf-49	114	16	number	number	NOUN
gujaf-49	114	17	of	of	ADP
gujaf-49	114	18	busy	busy	ADJ
gujaf-49	114	19	directors	director	NOUN
gujaf-49	114	20	.	.	PUNCT
gujaf-49	115	1	a	a	DET
gujaf-49	115	2	busy	busy	ADJ
gujaf-49	115	3	director	director	NOUN
gujaf-49	115	4	is	be	AUX
gujaf-49	115	5	a	a	DET
gujaf-49	115	6	dummy	dummy	ADJ
gujaf-49	115	7	variable	variable	NOUN
gujaf-49	115	8	equal	equal	ADJ
gujaf-49	115	9	to	to	ADP
gujaf-49	115	10	1	1	NUM
gujaf-49	115	11	if	if	SCONJ
gujaf-49	115	12	the	the	DET
gujaf-49	115	13	number	number	NOUN
gujaf-49	115	14	of	of	ADP
gujaf-49	115	15	directorships	directorship	NOUN
gujaf-49	115	16	held	hold	VERB
gujaf-49	115	17	by	by	ADP
gujaf-49	115	18	a	a	DET
gujaf-49	115	19	board	board	NOUN
gujaf-49	115	20	member	member	NOUN
gujaf-49	115	21	within	within	ADP
gujaf-49	115	22	firms	firm	NOUN
gujaf-49	115	23	affiliated	affiliate	VERB
gujaf-49	115	24	with	with	ADP
gujaf-49	115	25	the	the	DET
gujaf-49	115	26	business	business	NOUN
gujaf-49	115	27	group	group	NOUN
gujaf-49	115	28	or	or	CCONJ
gujaf-49	115	29	other	other	ADJ
gujaf-49	115	30	businesses	business	NOUN
gujaf-49	115	31	groups	group	NOUN
gujaf-49	115	32	is	be	AUX
gujaf-49	115	33	more	more	ADJ
gujaf-49	115	34	than	than	ADP
gujaf-49	115	35	one	one	NUM
gujaf-49	115	36	,	,	PUNCT
gujaf-49	115	37	and	and	CCONJ
gujaf-49	115	38	0	0	NUM
gujaf-49	115	39	otherwise	otherwise	ADV
gujaf-49	115	40	.	.	PUNCT
gujaf-49	116	1	restricted	restrict	VERB
gujaf-49	116	2	only	only	ADV
gujaf-49	116	3	to	to	ADP
gujaf-49	116	4	firms	firm	NOUN
gujaf-49	116	5	in	in	ADP
gujaf-49	116	6	the	the	DET
gujaf-49	116	7	sample	sample	NOUN
gujaf-49	116	8	haynes	hayne	NOUN
gujaf-49	116	9	and	and	CCONJ
gujaf-49	116	10	hillman	hillman	PROPN
gujaf-49	116	11	(	(	PUNCT
gujaf-49	116	12	2010	2010	NUM
gujaf-49	116	13	)	)	PUNCT
gujaf-49	116	14	;	;	PUNCT
gujaf-49	116	15	pombo	pombo	NOUN
gujaf-49	116	16	and	and	CCONJ
gujaf-49	116	17	gutierrez	gutierrez	PROPN
gujaf-49	116	18	(	(	PUNCT
gujaf-49	116	19	2011	2011	NUM
gujaf-49	116	20	)	)	PUNCT
gujaf-49	116	21	4	4	NUM
gujaf-49	116	22	board	board	NOUN
gujaf-49	116	23	size	size	NOUN
gujaf-49	116	24	independent	independent	ADJ
gujaf-49	116	25	variable	variable	PROPN
gujaf-49	116	26	z	z	PROPN
gujaf-49	116	27	barroso	barroso	PROPN
gujaf-49	116	28	,	,	PUNCT
gujaf-49	116	29	villegas	villegas	PROPN
gujaf-49	116	30	and	and	CCONJ
gujaf-49	116	31	pérez	pérez	NOUN
gujaf-49	116	32	-	-	PUNCT
gujaf-49	116	33	calero	calero	NOUN
gujaf-49	116	34	.	.	PUNCT
gujaf-49	117	1	(	(	PUNCT
gujaf-49	117	2	2011	2011	NUM
gujaf-49	117	3	)	)	PUNCT
gujaf-49	117	4	5	5	NUM
gujaf-49	117	5	firm	firm	ADJ
gujaf-49	117	6	size	size	NOUN
gujaf-49	117	7	independent	independent	ADJ
gujaf-49	117	8	variable	variable	NOUN
gujaf-49	117	9	using	use	VERB
gujaf-49	117	10	the	the	DET
gujaf-49	117	11	total	total	ADJ
gujaf-49	117	12	assets	asset	NOUN
gujaf-49	117	13	of	of	ADP
gujaf-49	117	14	the	the	DET
gujaf-49	117	15	firms	firm	NOUN
gujaf-49	117	16	gu	gu	PROPN
gujaf-49	117	17	,	,	PUNCT
gujaf-49	117	18	lee	lee	PROPN
gujaf-49	117	19	and	and	CCONJ
gujaf-49	117	20	rosset	rosset	PROPN
gujaf-49	117	21	(	(	PUNCT
gujaf-49	117	22	2005	2005	NUM
gujaf-49	117	23	)	)	PUNCT
gujaf-49	117	24	source	source	NOUN
gujaf-49	117	25	:	:	PUNCT
gujaf-49	117	26	compiled	compile	VERB
gujaf-49	117	27	by	by	ADP
gujaf-49	117	28	the	the	DET
gujaf-49	117	29	author	author	NOUN
gujaf-49	117	30	4	4	NUM
gujaf-49	117	31	.	.	PUNCT
gujaf-49	117	32	results	result	NOUN
gujaf-49	117	33	and	and	CCONJ
gujaf-49	117	34	discussion	discussion	VERB
gujaf-49	117	35	the	the	DET
gujaf-49	117	36	analysis	analysis	NOUN
gujaf-49	117	37	in	in	ADP
gujaf-49	117	38	this	this	DET
gujaf-49	117	39	subsection	subsection	NOUN
gujaf-49	117	40	is	be	AUX
gujaf-49	117	41	carried	carry	VERB
gujaf-49	117	42	out	out	ADP
gujaf-49	117	43	using	use	VERB
gujaf-49	117	44	descriptive	descriptive	ADJ
gujaf-49	117	45	statistics	statistic	NOUN
gujaf-49	117	46	,	,	PUNCT
gujaf-49	117	47	correlation	correlation	NOUN
gujaf-49	117	48	matrix	matrix	NOUN
gujaf-49	117	49	,	,	PUNCT
gujaf-49	117	50	robustness	robustness	NOUN
gujaf-49	117	51	tests	test	NOUN
gujaf-49	117	52	and	and	CCONJ
gujaf-49	117	53	general	general	ADJ
gujaf-49	117	54	method	method	NOUN
gujaf-49	117	55	of	of	ADP
gujaf-49	117	56	moment	moment	NOUN
gujaf-49	117	57	(	(	PUNCT
gujaf-49	117	58	gmm	gmm	NOUN
gujaf-49	117	59	)	)	PUNCT
gujaf-49	117	60	on	on	ADP
gujaf-49	117	61	the	the	DET
gujaf-49	117	62	variables	variable	NOUN
gujaf-49	117	63	of	of	ADP
gujaf-49	117	64	the	the	DET
gujaf-49	117	65	study	study	NOUN
gujaf-49	117	66	.	.	PUNCT
gujaf-49	118	1	the	the	DET
gujaf-49	118	2	analysis	analysis	NOUN
gujaf-49	118	3	is	be	AUX
gujaf-49	118	4	contained	contain	VERB
gujaf-49	118	5	in	in	ADP
gujaf-49	118	6	tables	table	NOUN
gujaf-49	118	7	1	1	NUM
gujaf-49	118	8	,	,	PUNCT
gujaf-49	118	9	2	2	NUM
gujaf-49	118	10	,	,	PUNCT
gujaf-49	118	11	3	3	NUM
gujaf-49	118	12	and	and	CCONJ
gujaf-49	118	13	4	4	NUM
gujaf-49	118	14	.	.	NOUN
gujaf-49	118	15	table	table	NOUN
gujaf-49	118	16	1	1	NUM
gujaf-49	118	17	:	:	PUNCT
gujaf-49	118	18	descriptive	descriptive	ADJ
gujaf-49	118	19	statistics	statistic	NOUN
gujaf-49	118	20	roe	roe	PROPN
gujaf-49	118	21	ibm	ibm	PROPN
gujaf-49	118	22	bsize	bsize	NOUN
gujaf-49	118	23	fsize	fsize	NOUN
gujaf-49	118	24	mean	mean	NOUN
gujaf-49	118	25	9.678514	9.678514	NUM
gujaf-49	118	26	0.368243	0.368243	NOUN
gujaf-49	118	27	9.092905	9.092905	NUM
gujaf-49	118	28	7.155946	7.155946	NUM
gujaf-49	118	29	median	median	NOUN
gujaf-49	118	30	11.97500	11.97500	NUM
gujaf-49	118	31	0.000000	0.000000	NUM
gujaf-49	118	32	9.000000	9.000000	NUM
gujaf-49	118	33	7.090000	7.090000	NUM
gujaf-49	118	34	maximum	maximum	ADJ
gujaf-49	118	35	2898.450	2898.450	NUM
gujaf-49	118	36	1.000000	1.000000	NUM
gujaf-49	118	37	19.00000	19.00000	NUM
gujaf-49	118	38	9.220000	9.220000	NUM
gujaf-49	118	39	minimum	minimum	NOUN
gujaf-49	118	40	-2087.700	-2087.700	NUM
gujaf-49	118	41	0.000000	0.000000	NUM
gujaf-49	118	42	4.000000	4.000000	NUM
gujaf-49	118	43	4.960000	4.960000	NUM
gujaf-49	118	44	std	std	NOUN
gujaf-49	118	45	.	.	PUNCT
gujaf-49	119	1	dev	dev	PROPN
gujaf-49	119	2	.	.	PUNCT
gujaf-49	120	1	174.0946	174.0946	NUM
gujaf-49	120	2	0.482736	0.482736	NUM
gujaf-49	120	3	2.840929	2.840929	NUM
gujaf-49	120	4	0.758573	0.758573	NUM
gujaf-49	120	5	skewness	skewness	NOUN
gujaf-49	120	6	4.181965	4.181965	NUM
gujaf-49	120	7	0.546337	0.546337	NUM
gujaf-49	120	8	0.652986	0.652986	NUM
gujaf-49	120	9	0.244280	0.244280	NUM
gujaf-49	120	10	kurtosis	kurtosis	NOUN
gujaf-49	120	11	169.9883	169.9883	NUM
gujaf-49	120	12	1.298484	1.298484	NUM
gujaf-49	120	13	3.202795	3.202795	NUM
gujaf-49	120	14	2.655715	2.655715	NUM
gujaf-49	120	15	gusau	gusau	ADJ
gujaf-49	120	16	journal	journal	NOUN
gujaf-49	120	17	of	of	ADP
gujaf-49	120	18	accounting	accounting	NOUN
gujaf-49	120	19	and	and	CCONJ
gujaf-49	120	20	finance	finance	NOUN
gujaf-49	120	21	,	,	PUNCT
gujaf-49	120	22	vol	vol	NOUN
gujaf-49	120	23	.	.	PROPN
gujaf-49	120	24	2	2	NUM
gujaf-49	120	25	,	,	PUNCT
gujaf-49	120	26	issue	issue	NOUN
gujaf-49	120	27	1	1	NUM
gujaf-49	120	28	,	,	PUNCT
gujaf-49	120	29	april	april	PROPN
gujaf-49	120	30	,	,	PUNCT
gujaf-49	120	31	2021	2021	NUM
gujaf-49	120	32	8	8	NUM
gujaf-49	120	33	jarque	jarque	NOUN
gujaf-49	120	34	-	-	PUNCT
gujaf-49	120	35	bera	bera	NOUN
gujaf-49	120	36	689557.6	689557.6	NUM
gujaf-49	120	37	100.8643	100.8643	NUM
gujaf-49	120	38	43.08493	43.08493	NUM
gujaf-49	121	1	8.811502	8.811502	NUM
gujaf-49	121	2	probability	probability	NOUN
gujaf-49	121	3	0.000000	0.000000	NUM
gujaf-49	121	4	0.000000	0.000000	NUM
gujaf-49	121	5	0.000000	0.000000	NUM
gujaf-49	121	6	0.012207	0.012207	NUM
gujaf-49	121	7	sum	sum	VERB
gujaf-49	121	8	5729.680	5729.680	NUM
gujaf-49	122	1	218.0000	218.0000	NUM
gujaf-49	122	2	5383.000	5383.000	NUM
gujaf-49	122	3	4236.320	4236.320	NUM
gujaf-49	122	4	sum	sum	NOUN
gujaf-49	122	5	sq	sq	PROPN
gujaf-49	122	6	.	.	PROPN
gujaf-49	122	7	dev	dev	PROPN
gujaf-49	122	8	.	.	PUNCT
gujaf-49	123	1	17912578	17912578	NUM
gujaf-49	124	1	137.7230	137.7230	NUM
gujaf-49	124	2	4769.890	4769.890	NUM
gujaf-49	124	3	340.0809	340.0809	NUM
gujaf-49	124	4	observations	observation	NOUN
gujaf-49	124	5	592	592	NUM
gujaf-49	124	6	592	592	NUM
gujaf-49	124	7	592	592	NUM
gujaf-49	124	8	592	592	NUM
gujaf-49	124	9	source	source	NOUN
gujaf-49	124	10	:	:	PUNCT
gujaf-49	124	11	researcher	researcher	NOUN
gujaf-49	124	12	’s	’s	PART
gujaf-49	124	13	compilation	compilation	NOUN
gujaf-49	124	14	from	from	ADP
gujaf-49	124	15	eview-8	eview-8	NUM
gujaf-49	124	16	table	table	NOUN
gujaf-49	124	17	1	1	NUM
gujaf-49	124	18	points	point	NOUN
gujaf-49	124	19	out	out	ADP
gujaf-49	124	20	that	that	SCONJ
gujaf-49	124	21	the	the	DET
gujaf-49	124	22	return	return	NOUN
gujaf-49	124	23	on	on	ADP
gujaf-49	124	24	equity	equity	NOUN
gujaf-49	124	25	(	(	PUNCT
gujaf-49	124	26	roe	roe	PROPN
gujaf-49	124	27	)	)	PUNCT
gujaf-49	124	28	has	have	AUX
gujaf-49	124	29	a	a	DET
gujaf-49	124	30	mean	mean	NOUN
gujaf-49	124	31	of	of	ADP
gujaf-49	124	32	9.67	9.67	NUM
gujaf-49	124	33	%	%	NOUN
gujaf-49	124	34	while	while	SCONJ
gujaf-49	124	35	the	the	DET
gujaf-49	124	36	standard	standard	ADJ
gujaf-49	124	37	deviation	deviation	NOUN
gujaf-49	124	38	is	be	AUX
gujaf-49	124	39	174.09	174.09	NUM
gujaf-49	124	40	,	,	PUNCT
gujaf-49	124	41	suggesting	suggest	VERB
gujaf-49	124	42	that	that	SCONJ
gujaf-49	124	43	the	the	DET
gujaf-49	124	44	firms	firm	NOUN
gujaf-49	124	45	experienced	experience	VERB
gujaf-49	124	46	about	about	ADV
gujaf-49	124	47	9	9	NUM
gujaf-49	124	48	%	%	NOUN
gujaf-49	124	49	variability	variability	NOUN
gujaf-49	124	50	in	in	ADP
gujaf-49	124	51	the	the	DET
gujaf-49	124	52	return	return	NOUN
gujaf-49	124	53	on	on	ADP
gujaf-49	124	54	equity	equity	NOUN
gujaf-49	124	55	in	in	ADP
gujaf-49	124	56	the	the	DET
gujaf-49	124	57	reference	reference	NOUN
gujaf-49	124	58	period	period	NOUN
gujaf-49	124	59	.	.	PUNCT
gujaf-49	125	1	this	this	DET
gujaf-49	125	2	percentage	percentage	NOUN
gujaf-49	125	3	variability	variability	NOUN
gujaf-49	125	4	in	in	ADP
gujaf-49	125	5	roe	roe	PROPN
gujaf-49	125	6	the	the	DET
gujaf-49	125	7	period	period	NOUN
gujaf-49	125	8	may	may	AUX
gujaf-49	125	9	not	not	PART
gujaf-49	125	10	be	be	AUX
gujaf-49	125	11	unconnected	unconnected	ADJ
gujaf-49	125	12	with	with	ADP
gujaf-49	125	13	systematic	systematic	ADJ
gujaf-49	125	14	and	and	CCONJ
gujaf-49	125	15	unsystematic	unsystematic	ADJ
gujaf-49	125	16	risks	risk	NOUN
gujaf-49	125	17	across	across	ADP
gujaf-49	125	18	the	the	DET
gujaf-49	125	19	industries	industry	NOUN
gujaf-49	125	20	.	.	PUNCT
gujaf-49	126	1	while	while	SCONJ
gujaf-49	126	2	return	return	NOUN
gujaf-49	126	3	on	on	ADP
gujaf-49	126	4	equity	equity	NOUN
gujaf-49	126	5	was	be	AUX
gujaf-49	126	6	positively	positively	ADV
gujaf-49	126	7	skewed	skewed	ADJ
gujaf-49	126	8	at	at	ADP
gujaf-49	126	9	4.181	4.181	NUM
gujaf-49	126	10	,	,	PUNCT
gujaf-49	126	11	implying	imply	VERB
gujaf-49	126	12	the	the	DET
gujaf-49	126	13	variable	variable	NOUN
gujaf-49	126	14	was	be	AUX
gujaf-49	126	15	symmetrical	symmetrical	ADJ
gujaf-49	126	16	around	around	ADP
gujaf-49	126	17	its	its	PRON
gujaf-49	126	18	mean	mean	NOUN
gujaf-49	126	19	in	in	ADP
gujaf-49	126	20	the	the	DET
gujaf-49	126	21	period	period	NOUN
gujaf-49	126	22	observed	observe	VERB
gujaf-49	126	23	,	,	PUNCT
gujaf-49	126	24	the	the	DET
gujaf-49	126	25	kurtosis	kurtosis	NOUN
gujaf-49	126	26	which	which	PRON
gujaf-49	126	27	indicates	indicate	VERB
gujaf-49	126	28	the	the	DET
gujaf-49	126	29	peakedness	peakedness	NOUN
gujaf-49	126	30	or	or	CCONJ
gujaf-49	126	31	flatness	flatness	NOUN
gujaf-49	126	32	of	of	ADP
gujaf-49	126	33	the	the	DET
gujaf-49	126	34	distribution	distribution	NOUN
gujaf-49	126	35	of	of	ADP
gujaf-49	126	36	the	the	DET
gujaf-49	126	37	series	series	NOUN
gujaf-49	126	38	stood	stand	VERB
gujaf-49	126	39	at	at	ADP
gujaf-49	126	40	169.98	169.98	NUM
gujaf-49	126	41	.	.	PUNCT
gujaf-49	127	1	it	it	PRON
gujaf-49	127	2	suggests	suggest	VERB
gujaf-49	127	3	that	that	SCONJ
gujaf-49	127	4	the	the	DET
gujaf-49	127	5	distribution	distribution	NOUN
gujaf-49	127	6	is	be	AUX
gujaf-49	127	7	peaked	peak	VERB
gujaf-49	127	8	(	(	PUNCT
gujaf-49	127	9	leptokurtic	leptokurtic	ADJ
gujaf-49	127	10	)	)	PUNCT
gujaf-49	127	11	.	.	PUNCT
gujaf-49	128	1	the	the	DET
gujaf-49	128	2	jargue	jargue	NOUN
gujaf-49	128	3	-	-	PUNCT
gujaf-49	128	4	bera	bera	NOUN
gujaf-49	128	5	statistics	statistic	NOUN
gujaf-49	128	6	of	of	ADP
gujaf-49	128	7	689557.6	689557.6	NUM
gujaf-49	128	8	with	with	ADP
gujaf-49	128	9	pvalue	pvalue	NOUN
gujaf-49	128	10	of	of	ADP
gujaf-49	128	11	0.00	0.00	NUM
gujaf-49	128	12	is	be	AUX
gujaf-49	128	13	statistically	statistically	ADV
gujaf-49	128	14	significant	significant	ADJ
gujaf-49	128	15	at	at	ADP
gujaf-49	128	16	5	5	NUM
gujaf-49	128	17	%	%	NOUN
gujaf-49	128	18	level	level	NOUN
gujaf-49	128	19	,	,	PUNCT
gujaf-49	128	20	an	an	DET
gujaf-49	128	21	indication	indication	NOUN
gujaf-49	128	22	that	that	SCONJ
gujaf-49	128	23	the	the	DET
gujaf-49	128	24	data	datum	NOUN
gujaf-49	128	25	was	be	AUX
gujaf-49	128	26	normally	normally	ADV
gujaf-49	128	27	distributed	distribute	VERB
gujaf-49	128	28	.	.	PUNCT
gujaf-49	129	1	interlocking	interlock	VERB
gujaf-49	129	2	board	board	NOUN
gujaf-49	129	3	membership	membership	NOUN
gujaf-49	129	4	has	have	VERB
gujaf-49	129	5	a	a	DET
gujaf-49	129	6	low	low	ADJ
gujaf-49	129	7	value	value	NOUN
gujaf-49	129	8	of	of	ADP
gujaf-49	129	9	0.36	0.36	NUM
gujaf-49	129	10	%	%	NOUN
gujaf-49	129	11	among	among	ADP
gujaf-49	129	12	the	the	DET
gujaf-49	129	13	companies	company	NOUN
gujaf-49	129	14	in	in	ADP
gujaf-49	129	15	the	the	DET
gujaf-49	129	16	period	period	NOUN
gujaf-49	129	17	.	.	PUNCT
gujaf-49	130	1	this	this	PRON
gujaf-49	130	2	suggests	suggest	VERB
gujaf-49	130	3	that	that	SCONJ
gujaf-49	130	4	multiple	multiple	ADJ
gujaf-49	130	5	directorship	directorship	NOUN
gujaf-49	130	6	representation	representation	NOUN
gujaf-49	130	7	on	on	ADP
gujaf-49	130	8	board	board	NOUN
gujaf-49	130	9	of	of	ADP
gujaf-49	130	10	listed	list	VERB
gujaf-49	130	11	firms	firm	NOUN
gujaf-49	130	12	in	in	ADP
gujaf-49	130	13	nigeria	nigeria	PROPN
gujaf-49	130	14	is	be	AUX
gujaf-49	130	15	very	very	ADV
gujaf-49	130	16	scanty	scanty	ADJ
gujaf-49	130	17	.	.	PUNCT
gujaf-49	131	1	this	this	DET
gujaf-49	131	2	effect	effect	NOUN
gujaf-49	131	3	may	may	AUX
gujaf-49	131	4	undermine	undermine	VERB
gujaf-49	131	5	the	the	DET
gujaf-49	131	6	benefits	benefit	NOUN
gujaf-49	131	7	accruable	accruable	ADJ
gujaf-49	131	8	from	from	ADP
gujaf-49	131	9	having	have	VERB
gujaf-49	131	10	these	these	PRON
gujaf-49	131	11	sought	seek	VERB
gujaf-49	131	12	after	after	ADP
gujaf-49	131	13	strategists	strategist	NOUN
gujaf-49	131	14	and	and	CCONJ
gujaf-49	131	15	experts	expert	NOUN
gujaf-49	131	16	in	in	ADP
gujaf-49	131	17	companies	company	NOUN
gujaf-49	131	18	,	,	PUNCT
gujaf-49	131	19	consequently	consequently	ADV
gujaf-49	131	20	impact	impact	VERB
gujaf-49	131	21	negatively	negatively	ADV
gujaf-49	131	22	on	on	ADP
gujaf-49	131	23	their	their	PRON
gujaf-49	131	24	operational	operational	ADJ
gujaf-49	131	25	and	and	CCONJ
gujaf-49	131	26	financial	financial	ADJ
gujaf-49	131	27	activities	activity	NOUN
gujaf-49	131	28	.	.	PUNCT
gujaf-49	132	1	the	the	DET
gujaf-49	132	2	standard	standard	ADJ
gujaf-49	132	3	deviation	deviation	NOUN
gujaf-49	132	4	which	which	PRON
gujaf-49	132	5	shows	show	VERB
gujaf-49	132	6	the	the	DET
gujaf-49	132	7	variability	variability	NOUN
gujaf-49	132	8	from	from	ADP
gujaf-49	132	9	the	the	DET
gujaf-49	132	10	mean	mean	NOUN
gujaf-49	132	11	is	be	AUX
gujaf-49	132	12	0.48	0.48	NUM
gujaf-49	132	13	,	,	PUNCT
gujaf-49	132	14	an	an	DET
gujaf-49	132	15	indication	indication	NOUN
gujaf-49	132	16	of	of	ADP
gujaf-49	132	17	low	low	ADJ
gujaf-49	132	18	risk	risk	NOUN
gujaf-49	132	19	since	since	SCONJ
gujaf-49	132	20	the	the	DET
gujaf-49	132	21	proportion	proportion	NOUN
gujaf-49	132	22	of	of	ADP
gujaf-49	132	23	board	board	NOUN
gujaf-49	132	24	interlocks	interlock	NOUN
gujaf-49	132	25	was	be	AUX
gujaf-49	132	26	very	very	ADV
gujaf-49	132	27	low	low	ADJ
gujaf-49	132	28	in	in	ADP
gujaf-49	132	29	the	the	DET
gujaf-49	132	30	firms	firm	NOUN
gujaf-49	132	31	’	'	PUNCT
gujaf-49	132	32	board	board	NOUN
gujaf-49	132	33	.	.	PUNCT
gujaf-49	133	1	the	the	DET
gujaf-49	133	2	skewness	skewness	NOUN
gujaf-49	133	3	is	be	AUX
gujaf-49	133	4	positive	positive	ADJ
gujaf-49	133	5	(	(	PUNCT
gujaf-49	133	6	0.54	0.54	NUM
gujaf-49	133	7	)	)	PUNCT
gujaf-49	133	8	and	and	CCONJ
gujaf-49	133	9	the	the	DET
gujaf-49	133	10	kurtosis	kurtosis	NOUN
gujaf-49	133	11	platykurtic	platykurtic	ADJ
gujaf-49	133	12	(	(	PUNCT
gujaf-49	133	13	1.29	1.29	NUM
gujaf-49	133	14	)	)	PUNCT
gujaf-49	133	15	.	.	PUNCT
gujaf-49	134	1	the	the	DET
gujaf-49	134	2	jarque	jarque	NOUN
gujaf-49	134	3	-	-	PUNCT
gujaf-49	134	4	bera	bera	NOUN
gujaf-49	134	5	value	value	NOUN
gujaf-49	134	6	of	of	ADP
gujaf-49	134	7	100.86	100.86	NUM
gujaf-49	134	8	is	be	AUX
gujaf-49	134	9	significant	significant	ADJ
gujaf-49	134	10	and	and	CCONJ
gujaf-49	134	11	distributed	distribute	VERB
gujaf-49	134	12	normally	normally	ADV
gujaf-49	134	13	in	in	ADP
gujaf-49	134	14	the	the	DET
gujaf-49	134	15	reference	reference	NOUN
gujaf-49	134	16	period	period	NOUN
gujaf-49	134	17	.	.	PUNCT
gujaf-49	135	1	board	board	NOUN
gujaf-49	135	2	size	size	NOUN
gujaf-49	135	3	has	have	VERB
gujaf-49	135	4	a	a	DET
gujaf-49	135	5	mean	mean	NOUN
gujaf-49	135	6	of	of	ADP
gujaf-49	135	7	9	9	NUM
gujaf-49	135	8	,	,	PUNCT
gujaf-49	135	9	suggesting	suggest	VERB
gujaf-49	135	10	at	at	ADP
gujaf-49	135	11	least	least	ADJ
gujaf-49	135	12	there	there	PRON
gujaf-49	135	13	were	be	VERB
gujaf-49	135	14	nine	nine	NUM
gujaf-49	135	15	members	member	NOUN
gujaf-49	135	16	which	which	PRON
gujaf-49	135	17	made	make	VERB
gujaf-49	135	18	up	up	ADP
gujaf-49	135	19	the	the	DET
gujaf-49	135	20	board	board	NOUN
gujaf-49	135	21	membership	membership	NOUN
gujaf-49	135	22	across	across	ADP
gujaf-49	135	23	the	the	DET
gujaf-49	135	24	sampled	sample	VERB
gujaf-49	135	25	firms	firm	NOUN
gujaf-49	135	26	.	.	PUNCT
gujaf-49	136	1	it	it	PRON
gujaf-49	136	2	has	have	VERB
gujaf-49	136	3	a	a	DET
gujaf-49	136	4	standard	standard	ADJ
gujaf-49	136	5	deviation	deviation	NOUN
gujaf-49	136	6	of	of	ADP
gujaf-49	136	7	2.84	2.84	NUM
gujaf-49	136	8	.	.	PUNCT
gujaf-49	137	1	firm	firm	ADJ
gujaf-49	137	2	size	size	NOUN
gujaf-49	137	3	mean	mean	NOUN
gujaf-49	137	4	value	value	NOUN
gujaf-49	137	5	is	be	AUX
gujaf-49	137	6	7.15910	7.15910	NUM
gujaf-49	137	7	billion	billion	NUM
gujaf-49	137	8	and	and	CCONJ
gujaf-49	137	9	high	high	ADJ
gujaf-49	137	10	mean	mean	NOUN
gujaf-49	137	11	value	value	NOUN
gujaf-49	137	12	of	of	ADP
gujaf-49	137	13	9.220000	9.220000	NUM
gujaf-49	137	14	billion	billion	NUM
gujaf-49	137	15	naira	naira	NOUN
gujaf-49	137	16	in	in	ADP
gujaf-49	137	17	the	the	DET
gujaf-49	137	18	reference	reference	NOUN
gujaf-49	137	19	period	period	NOUN
gujaf-49	137	20	.	.	PUNCT
gujaf-49	138	1	the	the	DET
gujaf-49	138	2	figures	figure	NOUN
gujaf-49	138	3	reported	report	VERB
gujaf-49	138	4	are	be	AUX
gujaf-49	138	5	a	a	DET
gujaf-49	138	6	pointer	pointer	NOUN
gujaf-49	138	7	that	that	SCONJ
gujaf-49	138	8	the	the	DET
gujaf-49	138	9	sampled	sample	VERB
gujaf-49	138	10	firms	firm	NOUN
gujaf-49	138	11	invested	invest	VERB
gujaf-49	138	12	heavily	heavily	ADV
gujaf-49	138	13	in	in	ADP
gujaf-49	138	14	total	total	ADJ
gujaf-49	138	15	assets	asset	NOUN
gujaf-49	138	16	perhaps	perhaps	ADV
gujaf-49	138	17	to	to	PART
gujaf-49	138	18	enable	enable	VERB
gujaf-49	138	19	them	they	PRON
gujaf-49	138	20	optimize	optimize	VERB
gujaf-49	138	21	the	the	DET
gujaf-49	138	22	benefit	benefit	NOUN
gujaf-49	138	23	of	of	ADP
gujaf-49	138	24	economy	economy	NOUN
gujaf-49	138	25	of	of	ADP
gujaf-49	138	26	scale	scale	NOUN
gujaf-49	138	27	and	and	CCONJ
gujaf-49	138	28	capital	capital	NOUN
gujaf-49	138	29	allowance	allowance	NOUN
gujaf-49	138	30	.	.	PUNCT
gujaf-49	139	1	the	the	DET
gujaf-49	139	2	result	result	NOUN
gujaf-49	139	3	obtained	obtain	VERB
gujaf-49	139	4	is	be	AUX
gujaf-49	139	5	quite	quite	ADV
gujaf-49	139	6	similar	similar	ADJ
gujaf-49	139	7	to	to	ADP
gujaf-49	139	8	the	the	DET
gujaf-49	139	9	empirical	empirical	ADJ
gujaf-49	139	10	value	value	NOUN
gujaf-49	139	11	obtained	obtain	VERB
gujaf-49	139	12	by	by	ADP
gujaf-49	139	13	ilaboya	ilaboya	PROPN
gujaf-49	139	14	et	et	PROPN
gujaf-49	139	15	al	al	PROPN
gujaf-49	139	16	.	.	PUNCT
gujaf-49	140	1	(	(	PUNCT
gujaf-49	140	2	2016	2016	NUM
gujaf-49	140	3	)	)	PUNCT
gujaf-49	140	4	of	of	ADP
gujaf-49	140	5	n7.155946	n7.155946	PROPN
gujaf-49	140	6	billion	billion	NUM
gujaf-49	140	7	.	.	PUNCT
gujaf-49	141	1	it	it	PRON
gujaf-49	141	2	is	be	AUX
gujaf-49	141	3	an	an	DET
gujaf-49	141	4	indication	indication	NOUN
gujaf-49	141	5	that	that	SCONJ
gujaf-49	141	6	the	the	DET
gujaf-49	141	7	sampled	sample	VERB
gujaf-49	141	8	firms	firm	NOUN
gujaf-49	141	9	made	make	VERB
gujaf-49	141	10	huge	huge	ADJ
gujaf-49	141	11	investments	investment	NOUN
gujaf-49	141	12	fixed	fix	VERB
gujaf-49	141	13	assets	asset	NOUN
gujaf-49	141	14	.	.	PUNCT
gujaf-49	142	1	the	the	DET
gujaf-49	142	2	standard	standard	ADJ
gujaf-49	142	3	deviation	deviation	NOUN
gujaf-49	142	4	is	be	AUX
gujaf-49	142	5	0.76	0.76	NUM
gujaf-49	142	6	,	,	PUNCT
gujaf-49	142	7	the	the	DET
gujaf-49	142	8	skewness	skewness	NOUN
gujaf-49	142	9	and	and	CCONJ
gujaf-49	142	10	kurtosis	kurtosis	NOUN
gujaf-49	142	11	are	be	AUX
gujaf-49	142	12	positive	positive	ADJ
gujaf-49	142	13	(	(	PUNCT
gujaf-49	142	14	0.24	0.24	NUM
gujaf-49	142	15	and	and	CCONJ
gujaf-49	142	16	2.66	2.66	NUM
gujaf-49	142	17	)	)	PUNCT
gujaf-49	142	18	.	.	PUNCT
gujaf-49	143	1	the	the	DET
gujaf-49	143	2	jarque	jarque	NOUN
gujaf-49	143	3	–	–	PUNCT
gujaf-49	143	4	bera	bera	NOUN
gujaf-49	143	5	value	value	NOUN
gujaf-49	143	6	of	of	ADP
gujaf-49	143	7	8.811502	8.811502	NUM
gujaf-49	143	8	(	(	PUNCT
gujaf-49	143	9	p	p	X
gujaf-49	143	10	<	<	X
gujaf-49	143	11	5	5	NUM
gujaf-49	143	12	%	%	NOUN
gujaf-49	143	13	)	)	PUNCT
gujaf-49	143	14	is	be	AUX
gujaf-49	143	15	statistically	statistically	ADV
gujaf-49	143	16	significant	significant	ADJ
gujaf-49	143	17	at	at	ADP
gujaf-49	143	18	5	5	NUM
gujaf-49	143	19	%	%	NOUN
gujaf-49	143	20	level	level	NOUN
gujaf-49	143	21	.	.	PUNCT
gujaf-49	144	1	table	table	NOUN
gujaf-49	144	2	2	2	NUM
gujaf-49	144	3	:	:	PUNCT
gujaf-49	144	4	descriptive	descriptive	ADJ
gujaf-49	144	5	statistics	statistic	NOUN
gujaf-49	144	6	roe	roe	PROPN
gujaf-49	144	7	1	1	NUM
gujaf-49	144	8	ibm	ibm	PROPN
gujaf-49	144	9	bsize	bsize	NOUN
gujaf-49	144	10	fsize	fsize	NOUN
gujaf-49	144	11	ibm	ibm	PROPN
gujaf-49	144	12	-0.0581	-0.0581	PROPN
gujaf-49	144	13	1	1	NUM
gujaf-49	144	14	bsize	bsize	VERB
gujaf-49	144	15	0.0122	0.0122	NUM
gujaf-49	144	16	0.1305	0.1305	NUM
gujaf-49	144	17	1	1	NUM
gujaf-49	144	18	fsize	fsize	NOUN
gujaf-49	144	19	-0.0099	-0.0099	NOUN
gujaf-49	144	20	0.3443	0.3443	NUM
gujaf-49	144	21	0.5161	0.5161	NUM
gujaf-49	144	22	1	1	NUM
gujaf-49	144	23	source	source	NOUN
gujaf-49	144	24	:	:	PUNCT
gujaf-49	144	25	researcher	researcher	NOUN
gujaf-49	144	26	’s	’s	PART
gujaf-49	144	27	compilation	compilation	NOUN
gujaf-49	144	28	from	from	ADP
gujaf-49	144	29	eview-8	eview-8	NUM
gujaf-49	144	30	table	table	NOUN
gujaf-49	144	31	2	2	NUM
gujaf-49	144	32	depicts	depict	VERB
gujaf-49	144	33	the	the	DET
gujaf-49	144	34	correlation	correlation	NOUN
gujaf-49	144	35	between	between	ADP
gujaf-49	144	36	interlocking	interlock	VERB
gujaf-49	144	37	board	board	NOUN
gujaf-49	144	38	membership	membership	NOUN
gujaf-49	144	39	and	and	CCONJ
gujaf-49	144	40	firms	firm	NOUN
gujaf-49	144	41	’	’	PART
gujaf-49	144	42	financial	financial	ADJ
gujaf-49	144	43	performance	performance	NOUN
gujaf-49	144	44	on	on	ADP
gujaf-49	144	45	corporate	corporate	ADJ
gujaf-49	144	46	board	board	NOUN
gujaf-49	144	47	diversity	diversity	NOUN
gujaf-49	144	48	and	and	CCONJ
gujaf-49	144	49	return	return	NOUN
gujaf-49	144	50	on	on	ADP
gujaf-49	144	51	asset	asset	NOUN
gujaf-49	144	52	(	(	PUNCT
gujaf-49	144	53	roa	roa	PROPN
gujaf-49	144	54	)	)	PUNCT
gujaf-49	144	55	.	.	PUNCT
gujaf-49	145	1	the	the	DET
gujaf-49	145	2	result	result	NOUN
gujaf-49	145	3	indicates	indicate	VERB
gujaf-49	145	4	absence	absence	NOUN
gujaf-49	145	5	of	of	ADP
gujaf-49	145	6	multicollinearity	multicollinearity	NOUN
gujaf-49	145	7	between	between	ADP
gujaf-49	145	8	return	return	NOUN
gujaf-49	145	9	on	on	ADP
gujaf-49	145	10	equity	equity	NOUN
gujaf-49	145	11	(	(	PUNCT
gujaf-49	145	12	roe	roe	PROPN
gujaf-49	145	13	)	)	PUNCT
gujaf-49	145	14	and	and	CCONJ
gujaf-49	145	15	the	the	DET
gujaf-49	145	16	explanatory	explanatory	ADJ
gujaf-49	145	17	variables	variable	NOUN
gujaf-49	145	18	and	and	CCONJ
gujaf-49	145	19	the	the	DET
gujaf-49	145	20	control	control	NOUN
gujaf-49	145	21	variable	variable	NOUN
gujaf-49	145	22	also	also	ADV
gujaf-49	145	23	.	.	PUNCT
gujaf-49	146	1	the	the	DET
gujaf-49	146	2	correlation	correlation	NOUN
gujaf-49	146	3	between	between	ADP
gujaf-49	146	4	return	return	NOUN
gujaf-49	146	5	on	on	ADP
gujaf-49	146	6	equity	equity	NOUN
gujaf-49	146	7	(	(	PUNCT
gujaf-49	146	8	roe	roe	PROPN
gujaf-49	146	9	)	)	PUNCT
gujaf-49	146	10	and	and	CCONJ
gujaf-49	146	11	interlocking	interlock	VERB
gujaf-49	146	12	board	board	NOUN
gujaf-49	146	13	membership	membership	NOUN
gujaf-49	146	14	is	be	AUX
gujaf-49	146	15	weak	weak	ADJ
gujaf-49	146	16	and	and	CCONJ
gujaf-49	146	17	negative	negative	ADJ
gujaf-49	146	18	(	(	PUNCT
gujaf-49	146	19	r=	r=	ADJ
gujaf-49	146	20	0.06	0.06	NUM
gujaf-49	146	21	)	)	PUNCT
gujaf-49	146	22	.	.	PUNCT
gujaf-49	147	1	this	this	DET
gujaf-49	147	2	weak	weak	ADJ
gujaf-49	147	3	and	and	CCONJ
gujaf-49	147	4	negative	negative	ADJ
gujaf-49	147	5	relationship	relationship	NOUN
gujaf-49	147	6	may	may	AUX
gujaf-49	147	7	not	not	PART
gujaf-49	147	8	be	be	AUX
gujaf-49	147	9	gusau	gusau	ADJ
gujaf-49	147	10	journal	journal	NOUN
gujaf-49	147	11	of	of	ADP
gujaf-49	147	12	accounting	accounting	NOUN
gujaf-49	147	13	and	and	CCONJ
gujaf-49	147	14	finance	finance	NOUN
gujaf-49	147	15	,	,	PUNCT
gujaf-49	147	16	vol	vol	NOUN
gujaf-49	147	17	.	.	PROPN
gujaf-49	147	18	2	2	NUM
gujaf-49	147	19	,	,	PUNCT
gujaf-49	147	20	issue	issue	NOUN
gujaf-49	147	21	1	1	NUM
gujaf-49	147	22	,	,	PUNCT
gujaf-49	147	23	april	april	PROPN
gujaf-49	147	24	,	,	PUNCT
gujaf-49	147	25	2021	2021	NUM
gujaf-49	147	26	9	9	NUM
gujaf-49	147	27	unconnected	unconnected	ADJ
gujaf-49	147	28	with	with	ADP
gujaf-49	147	29	the	the	DET
gujaf-49	147	30	scantiness	scantiness	NOUN
gujaf-49	147	31	of	of	ADP
gujaf-49	147	32	interlocking	interlock	VERB
gujaf-49	147	33	board	board	NOUN
gujaf-49	147	34	member	member	NOUN
gujaf-49	147	35	in	in	ADP
gujaf-49	147	36	the	the	DET
gujaf-49	147	37	sampled	sample	VERB
gujaf-49	147	38	firms	firm	NOUN
gujaf-49	147	39	.	.	PUNCT
gujaf-49	148	1	the	the	DET
gujaf-49	148	2	fewness	fewness	NOUN
gujaf-49	148	3	of	of	ADP
gujaf-49	148	4	the	the	DET
gujaf-49	148	5	board	board	NOUN
gujaf-49	148	6	interlocks	interlock	NOUN
gujaf-49	148	7	may	may	AUX
gujaf-49	148	8	also	also	ADV
gujaf-49	148	9	be	be	AUX
gujaf-49	148	10	adduced	adduce	VERB
gujaf-49	148	11	to	to	ADP
gujaf-49	148	12	non	non	ADJ
gujaf-49	148	13	-	-	NOUN
gujaf-49	148	14	inclusion	inclusion	NOUN
gujaf-49	148	15	of	of	ADP
gujaf-49	148	16	the	the	DET
gujaf-49	148	17	mechanism	mechanism	NOUN
gujaf-49	148	18	as	as	ADP
gujaf-49	148	19	a	a	DET
gujaf-49	148	20	corporate	corporate	ADJ
gujaf-49	148	21	governance	governance	NOUN
gujaf-49	148	22	indicators	indicator	NOUN
gujaf-49	148	23	firms	firm	NOUN
gujaf-49	148	24	are	be	AUX
gujaf-49	148	25	expected	expect	VERB
gujaf-49	148	26	to	to	PART
gujaf-49	148	27	give	give	VERB
gujaf-49	148	28	key	key	ADJ
gujaf-49	148	29	attention	attention	NOUN
gujaf-49	148	30	to	to	ADP
gujaf-49	148	31	in	in	ADP
gujaf-49	148	32	the	the	DET
gujaf-49	148	33	nigeria	nigeria	PROPN
gujaf-49	148	34	clime	clime	NOUN
gujaf-49	148	35	.	.	PUNCT
gujaf-49	149	1	the	the	DET
gujaf-49	149	2	correlation	correlation	NOUN
gujaf-49	149	3	between	between	ADP
gujaf-49	149	4	return	return	NOUN
gujaf-49	149	5	on	on	ADP
gujaf-49	149	6	equity	equity	NOUN
gujaf-49	149	7	(	(	PUNCT
gujaf-49	149	8	roe	roe	PROPN
gujaf-49	149	9	)	)	PUNCT
gujaf-49	149	10	and	and	CCONJ
gujaf-49	149	11	board	board	NOUN
gujaf-49	149	12	size	size	NOUN
gujaf-49	149	13	is	be	AUX
gujaf-49	149	14	weak	weak	ADJ
gujaf-49	149	15	and	and	CCONJ
gujaf-49	149	16	positive	positive	ADJ
gujaf-49	149	17	(	(	PUNCT
gujaf-49	149	18	r	r	NOUN
gujaf-49	149	19	=	=	NOUN
gujaf-49	149	20	0.01	0.01	NUM
gujaf-49	149	21	)	)	PUNCT
gujaf-49	149	22	.	.	PUNCT
gujaf-49	150	1	the	the	DET
gujaf-49	150	2	finding	finding	NOUN
gujaf-49	150	3	portends	portend	VERB
gujaf-49	150	4	that	that	SCONJ
gujaf-49	150	5	though	though	SCONJ
gujaf-49	150	6	a	a	DET
gujaf-49	150	7	large	large	ADJ
gujaf-49	150	8	board	board	NOUN
gujaf-49	150	9	size	size	NOUN
gujaf-49	150	10	may	may	AUX
gujaf-49	150	11	be	be	AUX
gujaf-49	150	12	favourable	favourable	ADJ
gujaf-49	150	13	perhaps	perhaps	ADV
gujaf-49	150	14	due	due	ADJ
gujaf-49	150	15	to	to	ADP
gujaf-49	150	16	size	size	NOUN
gujaf-49	150	17	,	,	PUNCT
gujaf-49	150	18	it	it	PRON
gujaf-49	150	19	could	could	AUX
gujaf-49	150	20	result	result	VERB
gujaf-49	150	21	to	to	ADP
gujaf-49	150	22	conflict	conflict	NOUN
gujaf-49	150	23	in	in	ADP
gujaf-49	150	24	decision	decision	NOUN
gujaf-49	150	25	making	making	NOUN
gujaf-49	150	26	in	in	ADP
gujaf-49	150	27	firms	firm	NOUN
gujaf-49	150	28	.	.	PUNCT
gujaf-49	151	1	table	table	NOUN
gujaf-49	151	2	3	3	NUM
gujaf-49	151	3	:	:	PUNCT
gujaf-49	151	4	robustness	robustness	NOUN
gujaf-49	151	5	tests	test	NOUN
gujaf-49	151	6	variance	variance	VERB
gujaf-49	151	7	inflation	inflation	NOUN
gujaf-49	151	8	factors	factor	NOUN
gujaf-49	151	9	(	(	PUNCT
gujaf-49	151	10	vifs	vifs	PROPN
gujaf-49	151	11	)	)	PUNCT
gujaf-49	151	12	coefficient	coefficient	NOUN
gujaf-49	151	13	variance	variance	NOUN
gujaf-49	151	14	centered	center	VERB
gujaf-49	151	15	vif	vif	PROPN
gujaf-49	151	16	ibm	ibm	PROPN
gujaf-49	151	17	250.85	250.85	NUM
gujaf-49	151	18	1.138	1.138	NUM
gujaf-49	151	19	bsize	bsize	VERB
gujaf-49	151	20	8.702	8.702	NUM
gujaf-49	151	21	1.367	1.367	NUM
gujaf-49	151	22	fsize	fsize	NOUN
gujaf-49	151	23	138.123	138.123	NUM
gujaf-49	151	24	1.525	1.525	NUM
gujaf-49	151	25	breusch	breusch	NOUN
gujaf-49	151	26	–	–	PUNCT
gujaf-49	151	27	godfrey	godfrey	NOUN
gujaf-49	151	28	–	–	PUNCT
gujaf-49	151	29	serial	serial	ADJ
gujaf-49	151	30	correlation	correlation	NOUN
gujaf-49	151	31	lm	lm	INTJ
gujaf-49	151	32	test	test	NOUN
gujaf-49	151	33	f	f	NOUN
gujaf-49	151	34	-	-	PUNCT
gujaf-49	151	35	statistic	statistic	NOUN
gujaf-49	151	36	=	=	NOUN
gujaf-49	151	37	0.633	0.633	NUM
gujaf-49	151	38	prob.f(2	prob.f(2	ADJ
gujaf-49	151	39	,	,	PUNCT
gujaf-49	151	40	586	586	NUM
gujaf-49	151	41	)	)	PUNCT
gujaf-49	151	42	0.531	0.531	NUM
gujaf-49	151	43	obs	ob	NOUN
gujaf-49	151	44	*	*	PUNCT
gujaf-49	151	45	r	r	X
gujaf-49	151	46	-	-	PUNCT
gujaf-49	151	47	squared	square	VERB
gujaf-49	151	48	=	=	NOUN
gujaf-49	151	49	1.276	1.276	NUM
gujaf-49	151	50	prob.chisquare	prob.chisquare	NOUN
gujaf-49	151	51	(	(	PUNCT
gujaf-49	151	52	2	2	NUM
gujaf-49	151	53	)	)	PUNCT
gujaf-49	151	54	pro	pro	ADJ
gujaf-49	151	55	.	.	PUNCT
gujaf-49	152	1	chi	chi	ADJ
gujaf-49	152	2	-	-	PUNCT
gujaf-49	152	3	square	square	ADJ
gujaf-49	152	4	(	(	PUNCT
gujaf-49	152	5	2	2	NUM
gujaf-49	152	6	)	)	PUNCT
gujaf-49	152	7	0.528	0.528	NUM
gujaf-49	152	8	heteroskedasticity	heteroskedasticity	NOUN
gujaf-49	152	9	test	test	NOUN
gujaf-49	152	10	f	f	NOUN
gujaf-49	152	11	-	-	PUNCT
gujaf-49	152	12	statistic	statistic	ADJ
gujaf-49	152	13	6.095	6.095	NUM
gujaf-49	152	14	prob	prob	NOUN
gujaf-49	152	15	.	.	PUNCT
gujaf-49	153	1	f(3,588	f(3,588	X
gujaf-49	153	2	)	)	PUNCT
gujaf-49	154	1	0.001	0.001	NUM
gujaf-49	154	2	obs	obs	NOUN
gujaf-49	154	3	*	*	PUNCT
gujaf-49	154	4	r	r	X
gujaf-49	154	5	-	-	PUNCT
gujaf-49	154	6	squared	square	VERB
gujaf-49	154	7	15.001	15.001	NUM
gujaf-49	154	8	prob	prob	NOUN
gujaf-49	154	9	.	.	PUNCT
gujaf-49	154	10	chisquare	chisquare	PROPN
gujaf-49	154	11	(	(	PUNCT
gujaf-49	154	12	3	3	NUM
gujaf-49	154	13	)	)	PUNCT
gujaf-49	154	14	0.001	0.001	NUM
gujaf-49	154	15	ramsey	ramsey	NOUN
gujaf-49	154	16	reset	reset	NOUN
gujaf-49	154	17	test	test	NOUN
gujaf-49	154	18	t	t	NOUN
gujaf-49	154	19	-	-	PUNCT
gujaf-49	154	20	statistic	statistic	NOUN
gujaf-49	154	21	=	=	NOUN
gujaf-49	154	22	0.367	0.367	NUM
gujaf-49	154	23	df	df	NOUN
gujaf-49	154	24	=	=	NOUN
gujaf-49	154	25	537	537	NUM
gujaf-49	154	26	0.713	0.713	NUM
gujaf-49	154	27	f	f	NOUN
gujaf-49	154	28	-	-	PUNCT
gujaf-49	154	29	statistic	statistic	NOUN
gujaf-49	154	30	=	=	SYM
gujaf-49	154	31	0.135	0.135	NUM
gujaf-49	154	32	prob.f	prob.f	NOUN
gujaf-49	154	33	(	(	PUNCT
gujaf-49	154	34	1	1	NUM
gujaf-49	154	35	,	,	PUNCT
gujaf-49	154	36	587	587	NUM
gujaf-49	154	37	)	)	PUNCT
gujaf-49	154	38	0.713	0.713	NUM
gujaf-49	154	39	source	source	NOUN
gujaf-49	154	40	:	:	PUNCT
gujaf-49	154	41	researcher	researcher	NOUN
gujaf-49	154	42	’s	’s	PART
gujaf-49	154	43	compilation	compilation	NOUN
gujaf-49	154	44	from	from	ADP
gujaf-49	154	45	eview-8	eview-8	NUM
gujaf-49	154	46	the	the	DET
gujaf-49	154	47	diagnostic	diagnostic	ADJ
gujaf-49	154	48	table	table	NOUN
gujaf-49	154	49	above	above	ADV
gujaf-49	154	50	shows	show	VERB
gujaf-49	154	51	that	that	SCONJ
gujaf-49	154	52	the	the	DET
gujaf-49	154	53	variance	variance	NOUN
gujaf-49	154	54	inflation	inflation	NOUN
gujaf-49	154	55	factor	factor	NOUN
gujaf-49	154	56	(	(	PUNCT
gujaf-49	154	57	vif	vif	NOUN
gujaf-49	154	58	)	)	PUNCT
gujaf-49	154	59	statistic	statistic	NOUN
gujaf-49	154	60	is	be	AUX
gujaf-49	154	61	less	less	ADJ
gujaf-49	154	62	than	than	ADP
gujaf-49	154	63	10	10	NUM
gujaf-49	154	64	(	(	PUNCT
gujaf-49	154	65	centered	center	VERB
gujaf-49	154	66	vif	vif	NOUN
gujaf-49	154	67	<	<	X
gujaf-49	154	68	10	10	NUM
gujaf-49	154	69	)	)	PUNCT
gujaf-49	154	70	for	for	ADP
gujaf-49	154	71	each	each	PRON
gujaf-49	154	72	of	of	ADP
gujaf-49	154	73	the	the	DET
gujaf-49	154	74	variables	variable	NOUN
gujaf-49	154	75	.	.	PUNCT
gujaf-49	155	1	this	this	PRON
gujaf-49	155	2	indicates	indicate	VERB
gujaf-49	155	3	absence	absence	NOUN
gujaf-49	155	4	of	of	ADP
gujaf-49	155	5	multicollinearity	multicollinearity	NOUN
gujaf-49	155	6	among	among	ADP
gujaf-49	155	7	the	the	DET
gujaf-49	155	8	explanatory	explanatory	ADJ
gujaf-49	155	9	variables	variable	NOUN
gujaf-49	155	10	.	.	PUNCT
gujaf-49	156	1	the	the	DET
gujaf-49	156	2	arch	arch	NOUN
gujaf-49	156	3	:	:	PUNCT
gujaf-49	156	4	heteroskedasticity	heteroskedasticity	NOUN
gujaf-49	156	5	test	test	NOUN
gujaf-49	156	6	shows	show	VERB
gujaf-49	156	7	the	the	DET
gujaf-49	156	8	presence	presence	NOUN
gujaf-49	156	9	of	of	ADP
gujaf-49	156	10	homoscedasticity	homoscedasticity	NOUN
gujaf-49	156	11	(	(	PUNCT
gujaf-49	156	12	0.001	0.001	NUM
gujaf-49	156	13	<	<	NOUN
gujaf-49	156	14	0.05	0.05	NUM
gujaf-49	156	15	)	)	PUNCT
gujaf-49	156	16	,	,	PUNCT
gujaf-49	156	17	thus	thus	ADV
gujaf-49	156	18	confirming	confirm	VERB
gujaf-49	156	19	the	the	DET
gujaf-49	156	20	constant	constant	ADJ
gujaf-49	156	21	variance	variance	NOUN
gujaf-49	156	22	assumption	assumption	NOUN
gujaf-49	156	23	of	of	ADP
gujaf-49	156	24	the	the	DET
gujaf-49	156	25	ordinary	ordinary	ADJ
gujaf-49	156	26	least	least	ADJ
gujaf-49	156	27	square	square	ADJ
gujaf-49	156	28	estimator	estimator	NOUN
gujaf-49	156	29	.	.	PUNCT
gujaf-49	157	1	the	the	DET
gujaf-49	157	2	breusch	breusch	VERB
gujaf-49	157	3	-	-	PUNCT
gujaf-49	157	4	godfrey	godfrey	NOUN
gujaf-49	157	5	serial	serial	ADJ
gujaf-49	157	6	correlation	correlation	NOUN
gujaf-49	157	7	lm	lm	INTJ
gujaf-49	157	8	test	test	NOUN
gujaf-49	157	9	result	result	NOUN
gujaf-49	157	10	of	of	ADP
gujaf-49	157	11	0.531	0.531	NUM
gujaf-49	157	12	>	>	SYM
gujaf-49	157	13	0.05	0.05	NUM
gujaf-49	157	14	)	)	PUNCT
gujaf-49	157	15	points	point	VERB
gujaf-49	157	16	out	out	ADP
gujaf-49	157	17	the	the	DET
gujaf-49	157	18	absence	absence	NOUN
gujaf-49	157	19	of	of	ADP
gujaf-49	157	20	higher	high	ADJ
gujaf-49	157	21	order	order	NOUN
gujaf-49	157	22	correlation	correlation	NOUN
gujaf-49	157	23	.	.	PUNCT
gujaf-49	158	1	the	the	DET
gujaf-49	158	2	ramsey	ramsey	PROPN
gujaf-49	158	3	reset	reset	NOUN
gujaf-49	158	4	test	test	NOUN
gujaf-49	158	5	result	result	NOUN
gujaf-49	158	6	of	of	ADP
gujaf-49	158	7	(	(	PUNCT
gujaf-49	158	8	0.713	0.713	NUM
gujaf-49	158	9	>	>	SYM
gujaf-49	158	10	0.05	0.05	NUM
gujaf-49	158	11	)	)	PUNCT
gujaf-49	158	12	substantiate	substantiate	VERB
gujaf-49	158	13	validity	validity	NOUN
gujaf-49	158	14	of	of	ADP
gujaf-49	158	15	the	the	DET
gujaf-49	158	16	regression	regression	NOUN
gujaf-49	158	17	model	model	NOUN
gujaf-49	158	18	.	.	PUNCT
gujaf-49	159	1	table	table	NOUN
gujaf-49	159	2	4	4	NUM
gujaf-49	159	3	:	:	PUNCT
gujaf-49	159	4	ibmand	ibmand	PROPN
gujaf-49	159	5	roe	roe	PROPN
gujaf-49	159	6	ibm	ibm	PROPN
gujaf-49	159	7	-163.08	-163.08	PROPN
gujaf-49	160	1	[	[	X
gujaf-49	160	2	0.00	0.00	NUM
gujaf-49	160	3	]	]	X
gujaf-49	160	4	*	*	PUNCT
gujaf-49	160	5	bsize	bsize	VERB
gujaf-49	160	6	19.07	19.07	NUM
gujaf-49	160	7	[	[	X
gujaf-49	160	8	0.00	0.00	NUM
gujaf-49	160	9	]	]	X
gujaf-49	160	10	*	*	PUNCT
gujaf-49	160	11	fsize	fsize	NOUN
gujaf-49	160	12	59.29	59.29	NUM
gujaf-49	160	13	[	[	X
gujaf-49	160	14	0.00	0.00	NUM
gujaf-49	160	15	]	]	X
gujaf-49	160	16	*	*	PUNCT
gujaf-49	160	17	roe(-1	roe(-1	VERB
gujaf-49	160	18	)	)	PUNCT
gujaf-49	160	19	0.01	0.01	NUM
gujaf-49	161	1	[	[	X
gujaf-49	161	2	0.00	0.00	NUM
gujaf-49	161	3	]	]	X
gujaf-49	161	4	j	j	PROPN
gujaf-49	161	5	-	-	PUNCT
gujaf-49	161	6	statistics	statistics	PROPN
gujaf-49	161	7	0.640	0.640	NUM
gujaf-49	161	8	source	source	NOUN
gujaf-49	161	9	:	:	PUNCT
gujaf-49	161	10	output	output	NOUN
gujaf-49	161	11	from	from	ADP
gujaf-49	161	12	eview-8	eview-8	NUM
gujaf-49	161	13	gusau	gusau	ADJ
gujaf-49	161	14	journal	journal	NOUN
gujaf-49	161	15	of	of	ADP
gujaf-49	161	16	accounting	accounting	NOUN
gujaf-49	161	17	and	and	CCONJ
gujaf-49	161	18	finance	finance	NOUN
gujaf-49	161	19	,	,	PUNCT
gujaf-49	161	20	vol	vol	NOUN
gujaf-49	161	21	.	.	PROPN
gujaf-49	161	22	2	2	NUM
gujaf-49	161	23	,	,	PUNCT
gujaf-49	161	24	issue	issue	NOUN
gujaf-49	161	25	1	1	NUM
gujaf-49	161	26	,	,	PUNCT
gujaf-49	161	27	april	april	PROPN
gujaf-49	161	28	,	,	PUNCT
gujaf-49	161	29	2021	2021	NUM
gujaf-49	161	30	10	10	NUM
gujaf-49	161	31	table	table	NOUN
gujaf-49	161	32	2	2	NUM
gujaf-49	161	33	represents	represent	VERB
gujaf-49	161	34	the	the	DET
gujaf-49	161	35	variables	variable	NOUN
gujaf-49	161	36	in	in	ADP
gujaf-49	161	37	the	the	DET
gujaf-49	161	38	model	model	NOUN
gujaf-49	161	39	.	.	PUNCT
gujaf-49	162	1	roe	roe	PROPN
gujaf-49	162	2	represents	represent	VERB
gujaf-49	162	3	return	return	NOUN
gujaf-49	162	4	on	on	ADP
gujaf-49	162	5	equity	equity	NOUN
gujaf-49	162	6	;	;	PUNCT
gujaf-49	162	7	ibm	ibm	PROPN
gujaf-49	162	8	represents	represent	VERB
gujaf-49	162	9	board	board	NOUN
gujaf-49	162	10	director	director	NOUN
gujaf-49	162	11	interlocks	interlock	NOUN
gujaf-49	162	12	;	;	PUNCT
gujaf-49	162	13	bsize	bsize	NOUN
gujaf-49	162	14	represents	represent	VERB
gujaf-49	162	15	board	board	NOUN
gujaf-49	162	16	size	size	NOUN
gujaf-49	162	17	;	;	PUNCT
gujaf-49	162	18	fsize	fsize	NOUN
gujaf-49	162	19	;	;	PUNCT
gujaf-49	162	20	represents	represent	VERB
gujaf-49	162	21	firm	firm	ADJ
gujaf-49	162	22	size	size	NOUN
gujaf-49	162	23	,	,	PUNCT
gujaf-49	162	24	while	while	SCONJ
gujaf-49	162	25	probability	probability	NOUN
gujaf-49	162	26	values	value	NOUN
gujaf-49	162	27	are	be	AUX
gujaf-49	162	28	in	in	ADP
gujaf-49	162	29	parenthesis	parenthesis	NOUN
gujaf-49	162	30	at	at	ADP
gujaf-49	162	31	different	different	ADJ
gujaf-49	162	32	significance	significance	NOUN
gujaf-49	162	33	level	level	NOUN
gujaf-49	162	34	with	with	ADP
gujaf-49	162	35	*	*	PUNCT
gujaf-49	163	1	p	p	X
gujaf-49	163	2	<	<	X
gujaf-49	163	3	0.1	0.1	NUM
gujaf-49	163	4	and	and	CCONJ
gujaf-49	163	5	*	*	NOUN
gujaf-49	163	6	*	*	PUNCT
gujaf-49	163	7	*	*	PUNCT
gujaf-49	163	8	p	p	X
gujaf-49	163	9	<	<	X
gujaf-49	163	10	0.01	0.01	NUM
gujaf-49	163	11	.	.	PUNCT
gujaf-49	164	1	the	the	DET
gujaf-49	164	2	result	result	NOUN
gujaf-49	164	3	of	of	ADP
gujaf-49	164	4	the	the	DET
gujaf-49	164	5	general	general	ADJ
gujaf-49	164	6	system	system	NOUN
gujaf-49	164	7	general	general	ADJ
gujaf-49	164	8	method	method	NOUN
gujaf-49	164	9	of	of	ADP
gujaf-49	164	10	moment	moment	NOUN
gujaf-49	164	11	(	(	PUNCT
gujaf-49	164	12	gmm	gmm	NOUN
gujaf-49	164	13	)	)	PUNCT
gujaf-49	164	14	in	in	ADP
gujaf-49	164	15	table	table	NOUN
gujaf-49	164	16	4	4	NUM
gujaf-49	164	17	indicates	indicate	VERB
gujaf-49	164	18	that	that	SCONJ
gujaf-49	164	19	the	the	DET
gujaf-49	164	20	coefficient	coefficient	NOUN
gujaf-49	164	21	of	of	ADP
gujaf-49	164	22	the	the	DET
gujaf-49	164	23	lag	lag	NOUN
gujaf-49	164	24	value	value	NOUN
gujaf-49	164	25	of	of	ADP
gujaf-49	164	26	the	the	DET
gujaf-49	164	27	returns	return	NOUN
gujaf-49	164	28	on	on	ADP
gujaf-49	164	29	equity	equity	NOUN
gujaf-49	164	30	(	(	PUNCT
gujaf-49	164	31	roe	roe	PROPN
gujaf-49	164	32	)	)	PUNCT
gujaf-49	164	33	is	be	AUX
gujaf-49	164	34	positive	positive	ADJ
gujaf-49	164	35	and	and	CCONJ
gujaf-49	164	36	statistically	statistically	ADV
gujaf-49	164	37	significant	significant	ADJ
gujaf-49	164	38	at	at	ADP
gujaf-49	164	39	95	95	NUM
gujaf-49	164	40	%	%	NOUN
gujaf-49	164	41	level	level	NOUN
gujaf-49	164	42	.	.	PUNCT
gujaf-49	165	1	it	it	PRON
gujaf-49	165	2	is	be	AUX
gujaf-49	165	3	suggests	suggest	VERB
gujaf-49	165	4	that	that	SCONJ
gujaf-49	165	5	a	a	DET
gujaf-49	165	6	period	period	NOUN
gujaf-49	165	7	lag	lag	NOUN
gujaf-49	165	8	of	of	ADP
gujaf-49	165	9	return	return	NOUN
gujaf-49	165	10	on	on	ADP
gujaf-49	165	11	equity	equity	NOUN
gujaf-49	165	12	(	(	PUNCT
gujaf-49	165	13	roe	roe	PROPN
gujaf-49	165	14	)	)	PUNCT
gujaf-49	165	15	drives	drive	VERB
gujaf-49	165	16	the	the	DET
gujaf-49	165	17	financial	financial	ADJ
gujaf-49	165	18	performance	performance	NOUN
gujaf-49	165	19	of	of	ADP
gujaf-49	165	20	listed	list	VERB
gujaf-49	165	21	firms	firm	NOUN
gujaf-49	165	22	in	in	ADP
gujaf-49	165	23	nigeria	nigeria	PROPN
gujaf-49	165	24	.	.	PUNCT
gujaf-49	166	1	the	the	DET
gujaf-49	166	2	research	research	NOUN
gujaf-49	166	3	finding	finding	NOUN
gujaf-49	166	4	is	be	AUX
gujaf-49	166	5	in	in	ADP
gujaf-49	166	6	tandem	tandem	NOUN
gujaf-49	166	7	with	with	ADP
gujaf-49	166	8	rossi	rossi	PROPN
gujaf-49	166	9	et.al	et.al	PROPN
gujaf-49	166	10	.	.	PUNCT
gujaf-49	167	1	(	(	PUNCT
gujaf-49	167	2	2015	2015	NUM
gujaf-49	167	3	)	)	PUNCT
gujaf-49	167	4	;	;	PUNCT
gujaf-49	167	5	pye	pye	PROPN
gujaf-49	167	6	et	et	PROPN
gujaf-49	167	7	al	al	PROPN
gujaf-49	167	8	(	(	PUNCT
gujaf-49	167	9	2015	2015	NUM
gujaf-49	167	10	)	)	PUNCT
gujaf-49	167	11	;	;	PUNCT
gujaf-49	167	12	watkins	watkin	NOUN
gujaf-49	167	13	-	-	PUNCT
gujaf-49	167	14	fassler	fassler	NOUN
gujaf-49	167	15	,	,	PUNCT
gujaf-49	167	16	fernander	fernander	NOUN
gujaf-49	167	17	-	-	PUNCT
gujaf-49	167	18	perez	perez	PROPN
gujaf-49	167	19	and	and	CCONJ
gujaf-49	167	20	rodriquez	rodriquez	PROPN
gujaf-49	167	21	-	-	PUNCT
gujaf-49	167	22	arizo	arizo	PROPN
gujaf-49	167	23	(	(	PUNCT
gujaf-49	167	24	2016	2016	NUM
gujaf-49	167	25	)	)	PUNCT
gujaf-49	167	26	.	.	PUNCT
gujaf-49	168	1	interlocking	interlock	VERB
gujaf-49	168	2	board	board	NOUN
gujaf-49	168	3	membership	membership	NOUN
gujaf-49	168	4	(	(	PUNCT
gujaf-49	168	5	ibm	ibm	PROPN
gujaf-49	168	6	)	)	PUNCT
gujaf-49	168	7	has	have	VERB
gujaf-49	168	8	a	a	DET
gujaf-49	168	9	negative	negative	ADJ
gujaf-49	168	10	coefficient	coefficient	NOUN
gujaf-49	168	11	value	value	NOUN
gujaf-49	168	12	(	(	PUNCT
gujaf-49	168	13	-163.08	-163.08	PROPN
gujaf-49	168	14	)	)	PUNCT
gujaf-49	168	15	and	and	CCONJ
gujaf-49	168	16	is	be	AUX
gujaf-49	168	17	statistically	statistically	ADV
gujaf-49	168	18	significant	significant	ADJ
gujaf-49	168	19	at	at	ADP
gujaf-49	168	20	95	95	NUM
gujaf-49	168	21	%	%	NOUN
gujaf-49	168	22	level	level	NOUN
gujaf-49	168	23	.	.	PUNCT
gujaf-49	169	1	the	the	DET
gujaf-49	169	2	finding	finding	NOUN
gujaf-49	169	3	implies	imply	VERB
gujaf-49	169	4	that	that	SCONJ
gujaf-49	169	5	though	though	SCONJ
gujaf-49	169	6	interlocking	interlock	VERB
gujaf-49	169	7	board	board	NOUN
gujaf-49	169	8	membership	membership	NOUN
gujaf-49	169	9	is	be	AUX
gujaf-49	169	10	significant	significant	ADJ
gujaf-49	169	11	,	,	PUNCT
gujaf-49	169	12	it	it	PRON
gujaf-49	169	13	is	be	AUX
gujaf-49	169	14	not	not	PART
gujaf-49	169	15	a	a	DET
gujaf-49	169	16	significant	significant	ADJ
gujaf-49	169	17	driver	driver	NOUN
gujaf-49	169	18	of	of	ADP
gujaf-49	169	19	financial	financial	ADJ
gujaf-49	169	20	performance	performance	NOUN
gujaf-49	169	21	of	of	ADP
gujaf-49	169	22	listed	list	VERB
gujaf-49	169	23	firms	firm	NOUN
gujaf-49	169	24	and	and	CCONJ
gujaf-49	169	25	by	by	ADP
gujaf-49	169	26	extension	extension	NOUN
gujaf-49	169	27	the	the	DET
gujaf-49	169	28	wealth	wealth	NOUN
gujaf-49	169	29	of	of	ADP
gujaf-49	169	30	shareholders	shareholder	NOUN
gujaf-49	169	31	in	in	ADP
gujaf-49	169	32	nigeria	nigeria	PROPN
gujaf-49	169	33	.	.	PUNCT
gujaf-49	170	1	the	the	DET
gujaf-49	170	2	non	non	ADJ
gujaf-49	170	3	-	-	ADJ
gujaf-49	170	4	significant	significant	ADJ
gujaf-49	170	5	effect	effect	NOUN
gujaf-49	170	6	of	of	ADP
gujaf-49	170	7	the	the	DET
gujaf-49	170	8	board	board	NOUN
gujaf-49	170	9	interlocks	interlock	NOUN
gujaf-49	170	10	on	on	ADP
gujaf-49	170	11	the	the	DET
gujaf-49	170	12	financial	financial	ADJ
gujaf-49	170	13	performance	performance	NOUN
gujaf-49	170	14	of	of	ADP
gujaf-49	170	15	the	the	DET
gujaf-49	170	16	firms	firm	NOUN
gujaf-49	170	17	agrees	agree	VERB
gujaf-49	170	18	with	with	ADP
gujaf-49	170	19	the	the	DET
gujaf-49	170	20	position	position	NOUN
gujaf-49	170	21	of	of	ADP
gujaf-49	170	22	the	the	DET
gujaf-49	170	23	upper	upper	ADJ
gujaf-49	170	24	echelon	echelon	NOUN
gujaf-49	170	25	theory	theory	NOUN
gujaf-49	170	26	.	.	PUNCT
gujaf-49	171	1	however	however	ADV
gujaf-49	171	2	,	,	PUNCT
gujaf-49	171	3	the	the	DET
gujaf-49	171	4	not	not	PART
gujaf-49	171	5	too	too	ADV
gujaf-49	171	6	significance	significance	NOUN
gujaf-49	171	7	of	of	ADP
gujaf-49	171	8	interlocking	interlock	VERB
gujaf-49	171	9	board	board	NOUN
gujaf-49	171	10	membership	membership	NOUN
gujaf-49	171	11	on	on	ADP
gujaf-49	171	12	firm	firm	ADJ
gujaf-49	171	13	financial	financial	ADJ
gujaf-49	171	14	performance	performance	NOUN
gujaf-49	171	15	in	in	ADP
gujaf-49	171	16	our	our	PRON
gujaf-49	171	17	analysis	analysis	NOUN
gujaf-49	171	18	is	be	AUX
gujaf-49	171	19	not	not	PART
gujaf-49	171	20	unconnected	unconnected	ADJ
gujaf-49	171	21	with	with	ADP
gujaf-49	171	22	low	low	ADJ
gujaf-49	171	23	encouragement	encouragement	NOUN
gujaf-49	171	24	of	of	ADP
gujaf-49	171	25	board	board	NOUN
gujaf-49	171	26	interlocks	interlock	NOUN
gujaf-49	171	27	in	in	ADP
gujaf-49	171	28	firms	firm	NOUN
gujaf-49	171	29	.	.	PUNCT
gujaf-49	172	1	the	the	DET
gujaf-49	172	2	result	result	NOUN
gujaf-49	172	3	affirms	affirm	VERB
gujaf-49	172	4	the	the	DET
gujaf-49	172	5	research	research	NOUN
gujaf-49	172	6	outcome	outcome	NOUN
gujaf-49	172	7	of	of	ADP
gujaf-49	172	8	shropshire	shropshire	NOUN
gujaf-49	172	9	(	(	PUNCT
gujaf-49	172	10	2010	2010	NUM
gujaf-49	172	11	)	)	PUNCT
gujaf-49	172	12	;	;	PUNCT
gujaf-49	172	13	pombo	pombo	NOUN
gujaf-49	172	14	and	and	CCONJ
gujaf-49	172	15	gutierrez	gutierrez	PROPN
gujaf-49	172	16	(	(	PUNCT
gujaf-49	172	17	2011	2011	NUM
gujaf-49	172	18	)	)	PUNCT
gujaf-49	172	19	;	;	PUNCT
gujaf-49	173	1	peng	peng	PROPN
gujaf-49	173	2	,	,	PUNCT
gujaf-49	173	3	et	et	PROPN
gujaf-49	173	4	al	al	PROPN
gujaf-49	173	5	(	(	PUNCT
gujaf-49	173	6	2015	2015	NUM
gujaf-49	173	7	)	)	PUNCT
gujaf-49	173	8	;	;	PUNCT
gujaf-49	173	9	and	and	CCONJ
gujaf-49	173	10	ahmad	ahmad	PROPN
gujaf-49	173	11	(	(	PUNCT
gujaf-49	173	12	2018	2018	NUM
gujaf-49	173	13	)	)	PUNCT
gujaf-49	173	14	.	.	PUNCT
gujaf-49	174	1	the	the	DET
gujaf-49	174	2	finding	finding	NOUN
gujaf-49	174	3	fails	fail	VERB
gujaf-49	174	4	to	to	PART
gujaf-49	174	5	agree	agree	VERB
gujaf-49	174	6	with	with	ADP
gujaf-49	174	7	the	the	DET
gujaf-49	174	8	studies	study	NOUN
gujaf-49	174	9	of	of	ADP
gujaf-49	174	10	devos	devos	NOUN
gujaf-49	174	11	,	,	PUNCT
gujaf-49	174	12	et	et	PROPN
gujaf-49	174	13	al	al	PROPN
gujaf-49	174	14	.	.	PUNCT
gujaf-49	175	1	(	(	PUNCT
gujaf-49	175	2	2009	2009	NUM
gujaf-49	175	3	)	)	PUNCT
gujaf-49	175	4	;	;	PUNCT
gujaf-49	176	1	peye	peye	NOUN
gujaf-49	176	2	,	,	PUNCT
gujaf-49	176	3	et	et	PROPN
gujaf-49	176	4	al	al	PROPN
gujaf-49	176	5	(	(	PUNCT
gujaf-49	176	6	2012	2012	NUM
gujaf-49	176	7	)	)	PUNCT
gujaf-49	176	8	;	;	PUNCT
gujaf-49	176	9	danoshana	danoshana	PROPN
gujaf-49	176	10	and	and	CCONJ
gujaf-49	176	11	ravivathani	ravivathani	ADJ
gujaf-49	176	12	(	(	PUNCT
gujaf-49	176	13	2013	2013	NUM
gujaf-49	176	14	)	)	PUNCT
gujaf-49	176	15	;	;	PUNCT
gujaf-49	176	16	lamb	lamb	PROPN
gujaf-49	176	17	(	(	PUNCT
gujaf-49	176	18	2017	2017	NUM
gujaf-49	176	19	)	)	PUNCT
gujaf-49	176	20	;	;	PUNCT
gujaf-49	176	21	and	and	CCONJ
gujaf-49	176	22	hashim	hashim	PROPN
gujaf-49	176	23	(	(	PUNCT
gujaf-49	176	24	2018	2018	NUM
gujaf-49	176	25	)	)	PUNCT
gujaf-49	176	26	.	.	PUNCT
gujaf-49	177	1	board	board	NOUN
gujaf-49	177	2	size	size	NOUN
gujaf-49	177	3	has	have	VERB
gujaf-49	177	4	positive	positive	ADJ
gujaf-49	177	5	coefficient	coefficient	NOUN
gujaf-49	177	6	value	value	NOUN
gujaf-49	177	7	of	of	ADP
gujaf-49	177	8	19.07	19.07	NUM
gujaf-49	177	9	on	on	ADP
gujaf-49	177	10	return	return	NOUN
gujaf-49	177	11	on	on	ADP
gujaf-49	177	12	equity	equity	NOUN
gujaf-49	177	13	(	(	PUNCT
gujaf-49	177	14	roe	roe	PROPN
gujaf-49	177	15	)	)	PUNCT
gujaf-49	177	16	of	of	ADP
gujaf-49	177	17	the	the	DET
gujaf-49	177	18	firms	firm	NOUN
gujaf-49	177	19	.	.	PUNCT
gujaf-49	178	1	the	the	DET
gujaf-49	178	2	finding	finding	NOUN
gujaf-49	178	3	is	be	AUX
gujaf-49	178	4	suggestive	suggestive	ADJ
gujaf-49	178	5	that	that	SCONJ
gujaf-49	178	6	a	a	DET
gujaf-49	178	7	relatively	relatively	ADV
gujaf-49	178	8	large	large	ADJ
gujaf-49	178	9	board	board	NOUN
gujaf-49	178	10	size	size	NOUN
gujaf-49	178	11	engenders	engender	VERB
gujaf-49	178	12	positive	positive	ADJ
gujaf-49	178	13	effect	effect	NOUN
gujaf-49	178	14	on	on	ADP
gujaf-49	178	15	the	the	DET
gujaf-49	178	16	financial	financial	ADJ
gujaf-49	178	17	performance	performance	NOUN
gujaf-49	178	18	of	of	ADP
gujaf-49	178	19	firms	firm	NOUN
gujaf-49	178	20	.	.	PUNCT
gujaf-49	179	1	the	the	DET
gujaf-49	179	2	finding	finding	NOUN
gujaf-49	179	3	did	do	VERB
gujaf-49	179	4	to	to	PART
gujaf-49	179	5	agree	agree	VERB
gujaf-49	179	6	with	with	ADP
gujaf-49	179	7	the	the	DET
gujaf-49	179	8	research	research	NOUN
gujaf-49	179	9	outcome	outcome	NOUN
gujaf-49	179	10	of	of	ADP
gujaf-49	179	11	igbinosa	igbinosa	PROPN
gujaf-49	179	12	and	and	CCONJ
gujaf-49	179	13	ogbeide	ogbeide	ADJ
gujaf-49	179	14	(	(	PUNCT
gujaf-49	179	15	2015	2015	NUM
gujaf-49	179	16	)	)	PUNCT
gujaf-49	179	17	;	;	PUNCT
gujaf-49	179	18	darmadi	darmadi	NOUN
gujaf-49	179	19	(	(	PUNCT
gujaf-49	179	20	2013	2013	NUM
gujaf-49	179	21	)	)	PUNCT
gujaf-49	179	22	which	which	PRON
gujaf-49	179	23	reported	report	VERB
gujaf-49	179	24	a	a	DET
gujaf-49	179	25	negative	negative	ADJ
gujaf-49	179	26	and	and	CCONJ
gujaf-49	179	27	insignificant	insignificant	ADJ
gujaf-49	179	28	impact	impact	NOUN
gujaf-49	179	29	of	of	ADP
gujaf-49	179	30	board	board	NOUN
gujaf-49	179	31	size	size	NOUN
gujaf-49	179	32	on	on	ADP
gujaf-49	179	33	financial	financial	ADJ
gujaf-49	179	34	performance	performance	NOUN
gujaf-49	179	35	in	in	ADP
gujaf-49	179	36	firms	firm	NOUN
gujaf-49	179	37	.	.	PUNCT
gujaf-49	180	1	firm	firm	ADJ
gujaf-49	180	2	size	size	NOUN
gujaf-49	180	3	is	be	AUX
gujaf-49	180	4	positive	positive	ADJ
gujaf-49	180	5	and	and	CCONJ
gujaf-49	180	6	significant	significant	ADJ
gujaf-49	180	7	on	on	ADP
gujaf-49	180	8	the	the	DET
gujaf-49	180	9	firm	firm	ADJ
gujaf-49	180	10	performance	performance	NOUN
gujaf-49	180	11	in	in	ADP
gujaf-49	180	12	the	the	DET
gujaf-49	180	13	reference	reference	NOUN
gujaf-49	180	14	period	period	NOUN
gujaf-49	180	15	.	.	PUNCT
gujaf-49	181	1	5	5	X
gujaf-49	181	2	.	.	X
gujaf-49	181	3	conclusion	conclusion	NOUN
gujaf-49	181	4	and	and	CCONJ
gujaf-49	181	5	recommendations	recommendation	NOUN
gujaf-49	181	6	the	the	DET
gujaf-49	181	7	effect	effect	NOUN
gujaf-49	181	8	of	of	ADP
gujaf-49	181	9	interlocking	interlock	VERB
gujaf-49	181	10	board	board	NOUN
gujaf-49	181	11	membership	membership	NOUN
gujaf-49	181	12	on	on	ADP
gujaf-49	181	13	firms	firm	NOUN
gujaf-49	181	14	in	in	ADP
gujaf-49	181	15	the	the	DET
gujaf-49	181	16	light	light	NOUN
gujaf-49	181	17	of	of	ADP
gujaf-49	181	18	global	global	ADJ
gujaf-49	181	19	economic	economic	ADJ
gujaf-49	181	20	challenges	challenge	NOUN
gujaf-49	181	21	can	can	AUX
gujaf-49	181	22	not	not	PART
gujaf-49	181	23	be	be	AUX
gujaf-49	181	24	overemphasized	overemphasize	VERB
gujaf-49	181	25	.	.	PUNCT
gujaf-49	182	1	in	in	ADP
gujaf-49	182	2	the	the	DET
gujaf-49	182	3	nigeria	nigeria	PROPN
gujaf-49	182	4	clime	clime	NOUN
gujaf-49	182	5	,	,	PUNCT
gujaf-49	182	6	the	the	DET
gujaf-49	182	7	assessment	assessment	NOUN
gujaf-49	182	8	of	of	ADP
gujaf-49	182	9	the	the	DET
gujaf-49	182	10	association	association	NOUN
gujaf-49	182	11	between	between	ADP
gujaf-49	182	12	interlocking	interlock	VERB
gujaf-49	182	13	board	board	NOUN
gujaf-49	182	14	membership	membership	NOUN
gujaf-49	182	15	on	on	ADP
gujaf-49	182	16	firm	firm	ADJ
gujaf-49	182	17	financial	financial	ADJ
gujaf-49	182	18	performance	performance	NOUN
gujaf-49	182	19	lacks	lack	VERB
gujaf-49	182	20	much	much	ADJ
gujaf-49	182	21	empirical	empirical	ADJ
gujaf-49	182	22	evidence	evidence	NOUN
gujaf-49	182	23	.	.	PUNCT
gujaf-49	183	1	the	the	DET
gujaf-49	183	2	study	study	NOUN
gujaf-49	183	3	concludes	conclude	VERB
gujaf-49	183	4	that	that	SCONJ
gujaf-49	183	5	board	board	NOUN
gujaf-49	183	6	interlocks	interlock	NOUN
gujaf-49	183	7	under	under	ADP
gujaf-49	183	8	the	the	DET
gujaf-49	183	9	upper	upper	ADJ
gujaf-49	183	10	echelon	echelon	NOUN
gujaf-49	183	11	theory	theory	NOUN
gujaf-49	183	12	,	,	PUNCT
gujaf-49	183	13	irrespective	irrespective	ADV
gujaf-49	183	14	of	of	ADP
gujaf-49	183	15	the	the	DET
gujaf-49	183	16	size	size	NOUN
gujaf-49	183	17	of	of	ADP
gujaf-49	183	18	the	the	DET
gujaf-49	183	19	board	board	NOUN
gujaf-49	183	20	is	be	AUX
gujaf-49	183	21	not	not	PART
gujaf-49	183	22	yet	yet	ADV
gujaf-49	183	23	a	a	DET
gujaf-49	183	24	key	key	ADJ
gujaf-49	183	25	driver	driver	NOUN
gujaf-49	183	26	of	of	ADP
gujaf-49	183	27	corporate	corporate	ADJ
gujaf-49	183	28	financial	financial	ADJ
gujaf-49	183	29	performance	performance	NOUN
gujaf-49	183	30	in	in	ADP
gujaf-49	183	31	nigeria	nigeria	PROPN
gujaf-49	183	32	.	.	PUNCT
gujaf-49	184	1	the	the	DET
gujaf-49	184	2	study	study	NOUN
gujaf-49	184	3	is	be	AUX
gujaf-49	184	4	however	however	ADV
gujaf-49	184	5	constraint	constraint	NOUN
gujaf-49	184	6	of	of	ADP
gujaf-49	184	7	the	the	DET
gujaf-49	184	8	fact	fact	NOUN
gujaf-49	184	9	that	that	SCONJ
gujaf-49	184	10	managers	manager	NOUN
gujaf-49	184	11	who	who	PRON
gujaf-49	184	12	are	be	AUX
gujaf-49	184	13	opportunistically	opportunistically	ADV
gujaf-49	184	14	driven	drive	VERB
gujaf-49	184	15	can	can	AUX
gujaf-49	184	16	employ	employ	VERB
gujaf-49	184	17	board	board	NOUN
gujaf-49	184	18	interlocks	interlock	NOUN
gujaf-49	184	19	for	for	ADP
gujaf-49	184	20	private	private	ADJ
gujaf-49	184	21	benefits	benefit	NOUN
gujaf-49	184	22	to	to	ADP
gujaf-49	184	23	the	the	DET
gujaf-49	184	24	detriments	detriment	NOUN
gujaf-49	184	25	of	of	ADP
gujaf-49	184	26	the	the	DET
gujaf-49	184	27	shareholder	shareholder	NOUN
gujaf-49	184	28	.	.	PUNCT
gujaf-49	185	1	the	the	DET
gujaf-49	185	2	study	study	NOUN
gujaf-49	185	3	suggests	suggest	VERB
gujaf-49	185	4	that	that	SCONJ
gujaf-49	185	5	managerial	managerial	ADJ
gujaf-49	185	6	interlocking	interlocking	NOUN
gujaf-49	185	7	board	board	NOUN
gujaf-49	185	8	membership	membership	NOUN
gujaf-49	185	9	be	be	AUX
gujaf-49	185	10	examined	examine	VERB
gujaf-49	185	11	in	in	ADP
gujaf-49	185	12	the	the	DET
gujaf-49	185	13	context	context	NOUN
gujaf-49	185	14	of	of	ADP
gujaf-49	185	15	agency	agency	NOUN
gujaf-49	185	16	relationship	relationship	NOUN
gujaf-49	185	17	on	on	ADP
gujaf-49	185	18	firm	firm	ADJ
gujaf-49	185	19	performance	performance	NOUN
gujaf-49	185	20	.	.	PUNCT
gujaf-49	186	1	there	there	PRON
gujaf-49	186	2	is	be	VERB
gujaf-49	186	3	need	need	NOUN
gujaf-49	186	4	for	for	SCONJ
gujaf-49	186	5	regulators	regulator	NOUN
gujaf-49	186	6	to	to	PART
gujaf-49	186	7	design	design	VERB
gujaf-49	186	8	a	a	DET
gujaf-49	186	9	framework	framework	NOUN
gujaf-49	186	10	on	on	ADP
gujaf-49	186	11	the	the	DET
gujaf-49	186	12	proportion	proportion	NOUN
gujaf-49	186	13	of	of	ADP
gujaf-49	186	14	board	board	NOUN
gujaf-49	186	15	interlocks	interlock	NOUN
gujaf-49	186	16	inclusion	inclusion	NOUN
gujaf-49	186	17	in	in	ADP
gujaf-49	186	18	firm	firm	PROPN
gujaf-49	186	19	board	board	PROPN
gujaf-49	186	20	.	.	PUNCT
gujaf-49	187	1	firm	firm	NOUN
gujaf-49	187	2	should	should	AUX
gujaf-49	187	3	be	be	AUX
gujaf-49	187	4	mandated	mandate	VERB
gujaf-49	187	5	to	to	PART
gujaf-49	187	6	disclose	disclose	VERB
gujaf-49	187	7	this	this	PRON
gujaf-49	187	8	as	as	SCONJ
gujaf-49	187	9	it	it	PRON
gujaf-49	187	10	will	will	AUX
gujaf-49	187	11	guide	guide	VERB
gujaf-49	187	12	researchers	researcher	NOUN
gujaf-49	187	13	in	in	ADP
gujaf-49	187	14	carrying	carry	VERB
gujaf-49	187	15	out	out	ADP
gujaf-49	187	16	critical	critical	ADJ
gujaf-49	187	17	analysis	analysis	NOUN
gujaf-49	187	18	for	for	ADP
gujaf-49	187	19	policy	policy	NOUN
gujaf-49	187	20	recommendations	recommendation	NOUN
gujaf-49	187	21	.	.	PUNCT
gujaf-49	188	1	future	future	ADJ
gujaf-49	188	2	researches	research	NOUN
gujaf-49	188	3	should	should	AUX
gujaf-49	188	4	examine	examine	VERB
gujaf-49	188	5	the	the	DET
gujaf-49	188	6	link	link	NOUN
gujaf-49	188	7	between	between	ADP
gujaf-49	188	8	interlocking	interlock	VERB
gujaf-49	188	9	board	board	NOUN
gujaf-49	188	10	membership	membership	NOUN
gujaf-49	188	11	and	and	CCONJ
gujaf-49	188	12	firm	firm	ADJ
gujaf-49	188	13	financial	financial	ADJ
gujaf-49	188	14	performance	performance	NOUN
gujaf-49	188	15	under	under	ADP
gujaf-49	188	16	the	the	DET
gujaf-49	188	17	agency	agency	NOUN
gujaf-49	188	18	,	,	PUNCT
gujaf-49	188	19	social	social	ADJ
gujaf-49	188	20	network	network	NOUN
gujaf-49	188	21	and	and	CCONJ
gujaf-49	188	22	resource	resource	NOUN
gujaf-49	188	23	dependency	dependency	NOUN
gujaf-49	188	24	theories	theory	NOUN
gujaf-49	188	25	through	through	ADP
gujaf-49	188	26	the	the	DET
gujaf-49	188	27	use	use	NOUN
gujaf-49	188	28	of	of	ADP
gujaf-49	188	29	advanced	advanced	ADJ
gujaf-49	188	30	panel	panel	NOUN
gujaf-49	188	31	estimation	estimation	NOUN
gujaf-49	188	32	methods	method	NOUN
gujaf-49	188	33	on	on	ADP
gujaf-49	188	34	cross	cross	NOUN
gujaf-49	188	35	country	country	NOUN
gujaf-49	188	36	basis	basis	NOUN
gujaf-49	188	37	in	in	ADP
gujaf-49	188	38	different	different	ADJ
gujaf-49	188	39	jurisdictions	jurisdiction	NOUN
gujaf-49	188	40	.	.	PUNCT
gujaf-49	189	1	gusau	gusau	PROPN
gujaf-49	189	2	journal	journal	PROPN
gujaf-49	189	3	of	of	ADP
gujaf-49	189	4	accounting	accounting	NOUN
gujaf-49	189	5	and	and	CCONJ
gujaf-49	189	6	finance	finance	NOUN
gujaf-49	189	7	,	,	PUNCT
gujaf-49	189	8	vol	vol	NOUN
gujaf-49	189	9	.	.	PROPN
gujaf-49	189	10	2	2	NUM
gujaf-49	189	11	,	,	PUNCT
gujaf-49	189	12	issue	issue	NOUN
gujaf-49	189	13	1	1	NUM
gujaf-49	189	14	,	,	PUNCT
gujaf-49	189	15	april	april	PROPN
gujaf-49	189	16	,	,	PUNCT
gujaf-49	189	17	2021	2021	NUM
gujaf-49	189	18	11	11	NUM
gujaf-49	189	19	references	reference	NOUN
gujaf-49	189	20	ahmad	ahmad	PROPN
gujaf-49	189	21	,	,	PUNCT
gujaf-49	189	22	b.	b.	PROPN
gujaf-49	189	23	(	(	PUNCT
gujaf-49	189	24	2018	2018	NUM
gujaf-49	189	25	)	)	PUNCT
gujaf-49	189	26	.	.	PUNCT
gujaf-49	190	1	interlocking	interlock	VERB
gujaf-49	190	2	directorate	directorate	ADJ
gujaf-49	190	3	and	and	CCONJ
gujaf-49	190	4	financial	financial	ADJ
gujaf-49	190	5	performance	performance	NOUN
gujaf-49	190	6	:	:	PUNCT
gujaf-49	190	7	an	an	DET
gujaf-49	190	8	empirical	empirical	ADJ
gujaf-49	190	9	analysis	analysis	NOUN
gujaf-49	190	10	of	of	ADP
gujaf-49	190	11	business	business	NOUN
gujaf-49	190	12	firms	firm	NOUN
gujaf-49	190	13	in	in	ADP
gujaf-49	190	14	pakistan	pakistan	PROPN
gujaf-49	190	15	.	.	PUNCT
gujaf-49	191	1	journal	journal	PROPN
gujaf-49	191	2	of	of	ADP
gujaf-49	191	3	economics	economic	NOUN
gujaf-49	191	4	,	,	PUNCT
gujaf-49	191	5	6(3	6(3	NUM
gujaf-49	191	6	)	)	PUNCT
gujaf-49	191	7	,	,	PUNCT
gujaf-49	191	8	33	33	NUM
gujaf-49	191	9	-	-	SYM
gujaf-49	191	10	45	45	NUM
gujaf-49	191	11	.	.	PUNCT
gujaf-49	192	1	armstrong	armstrong	PROPN
gujaf-49	192	2	,	,	PUNCT
gujaf-49	192	3	c.s	c.s	PROPN
gujaf-49	192	4	.	.	PROPN
gujaf-49	192	5	,	,	PUNCT
gujaf-49	192	6	&	&	CCONJ
gujaf-49	192	7	larcker	larcker	PROPN
gujaf-49	192	8	,	,	PUNCT
gujaf-49	192	9	d.f	d.f	PROPN
gujaf-49	192	10	.	.	PROPN
gujaf-49	192	11	(	(	PUNCT
gujaf-49	192	12	2009	2009	NUM
gujaf-49	192	13	)	)	PUNCT
gujaf-49	192	14	.	.	PUNCT
gujaf-49	193	1	discussion	discussion	NOUN
gujaf-49	193	2	of	of	ADP
gujaf-49	193	3	the	the	DET
gujaf-49	193	4	impact	impact	NOUN
gujaf-49	193	5	of	of	ADP
gujaf-49	193	6	the	the	DET
gujaf-49	193	7	options	option	NOUN
gujaf-49	193	8	backdating	backdate	VERB
gujaf-49	193	9	scandal	scandal	NOUN
gujaf-49	193	10	on	on	ADP
gujaf-49	193	11	shareholders	shareholder	NOUN
gujaf-49	193	12	and	and	CCONJ
gujaf-49	193	13	taxes	taxis	NOUN
gujaf-49	193	14	and	and	CCONJ
gujaf-49	193	15	the	the	DET
gujaf-49	193	16	backdating	backdating	NOUN
gujaf-49	193	17	of	of	ADP
gujaf-49	193	18	stock	stock	NOUN
gujaf-49	193	19	option	option	NOUN
gujaf-49	193	20	exercise	exercise	NOUN
gujaf-49	193	21	dates	date	NOUN
gujaf-49	193	22	.	.	PUNCT
gujaf-49	194	1	journal	journal	NOUN
gujaf-49	194	2	of	of	ADP
gujaf-49	194	3	accounting	accounting	NOUN
gujaf-49	194	4	and	and	CCONJ
gujaf-49	194	5	economics	economic	NOUN
gujaf-49	194	6	,	,	PUNCT
gujaf-49	194	7	47	47	NUM
gujaf-49	194	8	,	,	PUNCT
gujaf-49	194	9	(	(	PUNCT
gujaf-49	194	10	12	12	NUM
gujaf-49	194	11	)	)	PUNCT
gujaf-49	194	12	,	,	PUNCT
gujaf-49	194	13	50	50	NUM
gujaf-49	194	14	-	-	SYM
gujaf-49	194	15	58	58	NUM
gujaf-49	194	16	.	.	PUNCT
gujaf-49	195	1	barroso	barroso	PROPN
gujaf-49	195	2	,	,	PUNCT
gujaf-49	195	3	c.	c.	PROPN
gujaf-49	195	4	,	,	PUNCT
gujaf-49	195	5	villegas	villegas	PROPN
gujaf-49	195	6	,	,	PUNCT
gujaf-49	195	7	m.	m.	NOUN
gujaf-49	195	8	m.	m.	NOUN
gujaf-49	195	9	,	,	PUNCT
gujaf-49	195	10	&	&	CCONJ
gujaf-49	195	11	pérez	pérez	NOUN
gujaf-49	195	12	-	-	PUNCT
gujaf-49	195	13	calero	calero	NOUN
gujaf-49	195	14	,	,	PUNCT
gujaf-49	195	15	l.	l.	PROPN
gujaf-49	195	16	(	(	PUNCT
gujaf-49	195	17	2011	2011	NUM
gujaf-49	195	18	)	)	PUNCT
gujaf-49	195	19	.	.	PUNCT
gujaf-49	196	1	board	board	NOUN
gujaf-49	196	2	influence	influence	NOUN
gujaf-49	196	3	on	on	ADP
gujaf-49	196	4	a	a	DET
gujaf-49	196	5	firm	firm	ADJ
gujaf-49	196	6	internationalization	internationalization	NOUN
gujaf-49	196	7	.	.	PUNCT
gujaf-49	197	1	corporate	corporate	ADJ
gujaf-49	197	2	governance	governance	NOUN
gujaf-49	197	3	:	:	PUNCT
gujaf-49	197	4	an	an	DET
gujaf-49	197	5	international	international	ADJ
gujaf-49	197	6	review	review	NOUN
gujaf-49	197	7	,	,	PUNCT
gujaf-49	197	8	19	19	NUM
gujaf-49	197	9	,	,	PUNCT
gujaf-49	197	10	351–367	351–367	NUM
gujaf-49	197	11	bizjak	bizjak	PROPN
gujaf-49	197	12	,	,	PUNCT
gujaf-49	197	13	j.	j.	PROPN
gujaf-49	197	14	,	,	PUNCT
gujaf-49	197	15	lemmon	lemmon	PROPN
gujaf-49	197	16	,	,	PUNCT
gujaf-49	197	17	m.	m.	NOUN
gujaf-49	197	18	,	,	PUNCT
gujaf-49	197	19	&	&	CCONJ
gujaf-49	197	20	whitby	whitby	PROPN
gujaf-49	197	21	,	,	PUNCT
gujaf-49	197	22	r.	r.	PROPN
gujaf-49	197	23	(	(	PUNCT
gujaf-49	197	24	2009	2009	NUM
gujaf-49	197	25	)	)	PUNCT
gujaf-49	197	26	.	.	PUNCT
gujaf-49	198	1	option	option	NOUN
gujaf-49	198	2	backdating	backdating	NOUN
gujaf-49	198	3	and	and	CCONJ
gujaf-49	198	4	interlocking	interlock	VERB
gujaf-49	198	5	directors	director	NOUN
gujaf-49	198	6	.	.	PUNCT
gujaf-49	199	1	review	review	NOUN
gujaf-49	199	2	of	of	ADP
gujaf-49	199	3	financial	financial	ADJ
gujaf-49	199	4	studies	study	NOUN
gujaf-49	199	5	,	,	PUNCT
gujaf-49	199	6	22	22	NUM
gujaf-49	199	7	,	,	PUNCT
gujaf-49	199	8	(	(	PUNCT
gujaf-49	199	9	11	11	NUM
gujaf-49	199	10	)	)	PUNCT
gujaf-49	199	11	,	,	PUNCT
gujaf-49	199	12	4821	4821	NUM
gujaf-49	199	13	-	-	SYM
gujaf-49	199	14	4847	4847	NUM
gujaf-49	199	15	.	.	PUNCT
gujaf-49	200	1	danoshana	danoshana	PROPN
gujaf-49	200	2	,	,	PUNCT
gujaf-49	200	3	s.	s.	PROPN
gujaf-49	200	4	,	,	PUNCT
gujaf-49	200	5	&	&	CCONJ
gujaf-49	200	6	ravivathani	ravivathani	ADJ
gujaf-49	200	7	,	,	PUNCT
gujaf-49	200	8	t.	t.	PROPN
gujaf-49	200	9	(	(	PUNCT
gujaf-49	200	10	2013	2013	NUM
gujaf-49	200	11	)	)	PUNCT
gujaf-49	200	12	.	.	PUNCT
gujaf-49	201	1	the	the	DET
gujaf-49	201	2	impact	impact	NOUN
gujaf-49	201	3	of	of	ADP
gujaf-49	201	4	the	the	DET
gujaf-49	201	5	corporate	corporate	ADJ
gujaf-49	201	6	governance	governance	NOUN
gujaf-49	201	7	on	on	ADP
gujaf-49	201	8	firm	firm	ADJ
gujaf-49	201	9	performance	performance	NOUN
gujaf-49	201	10	:	:	PUNCT
gujaf-49	201	11	a	a	DET
gujaf-49	201	12	study	study	NOUN
gujaf-49	201	13	on	on	ADP
gujaf-49	201	14	financial	financial	ADJ
gujaf-49	201	15	institutions	institution	NOUN
gujaf-49	201	16	in	in	ADP
gujaf-49	201	17	sri	sri	PROPN
gujaf-49	201	18	lanka	lanka	PROPN
gujaf-49	201	19	.	.	PUNCT
gujaf-49	202	1	merit	merit	PROPN
gujaf-49	202	2	research	research	PROPN
gujaf-49	202	3	journal	journal	PROPN
gujaf-49	202	4	of	of	ADP
gujaf-49	202	5	accounting	accounting	NOUN
gujaf-49	202	6	,	,	PUNCT
gujaf-49	202	7	auditing	auditing	NOUN
gujaf-49	202	8	,	,	PUNCT
gujaf-49	202	9	economics	economic	NOUN
gujaf-49	202	10	and	and	CCONJ
gujaf-49	202	11	finance	finance	NOUN
gujaf-49	202	12	,	,	PUNCT
gujaf-49	202	13	1(6	1(6	NUM
gujaf-49	202	14	)	)	PUNCT
gujaf-49	202	15	,	,	PUNCT
gujaf-49	202	16	118–121	118–121	NUM
gujaf-49	202	17	.	.	PUNCT
gujaf-49	202	18	darmadi	darmadi	PROPN
gujaf-49	202	19	,	,	PUNCT
gujaf-49	202	20	s.	s.	PROPN
gujaf-49	202	21	(	(	PUNCT
gujaf-49	202	22	2013	2013	NUM
gujaf-49	202	23	)	)	PUNCT
gujaf-49	202	24	.	.	PUNCT
gujaf-49	203	1	do	do	AUX
gujaf-49	203	2	women	woman	NOUN
gujaf-49	203	3	in	in	ADP
gujaf-49	203	4	top	top	ADJ
gujaf-49	203	5	management	management	NOUN
gujaf-49	203	6	affect	affect	VERB
gujaf-49	203	7	firm	firm	ADJ
gujaf-49	203	8	performance	performance	NOUN
gujaf-49	203	9	?	?	PUNCT
gujaf-49	204	1	evidence	evidence	NOUN
gujaf-49	204	2	from	from	ADP
gujaf-49	204	3	indonesia	indonesia	PROPN
gujaf-49	204	4	.	.	PUNCT
gujaf-49	205	1	the	the	DET
gujaf-49	205	2	international	international	ADJ
gujaf-49	205	3	journal	journal	NOUN
gujaf-49	205	4	of	of	ADP
gujaf-49	205	5	business	business	NOUN
gujaf-49	205	6	in	in	ADP
gujaf-49	205	7	society	society	NOUN
gujaf-49	205	8	,	,	PUNCT
gujaf-49	205	9	13(3	13(3	NUM
gujaf-49	205	10	)	)	PUNCT
gujaf-49	205	11	,	,	PUNCT
gujaf-49	205	12	288	288	NUM
gujaf-49	205	13	-	-	SYM
gujaf-49	205	14	304	304	NUM
gujaf-49	205	15	.	.	PUNCT
gujaf-49	206	1	http://dx.dox/10.1108/gg-12-2010-0096	http://dx.dox/10.1108/gg-12-2010-0096	PROPN
gujaf-49	206	2	davis	davis	PROPN
gujaf-49	206	3	,	,	PUNCT
gujaf-49	206	4	g.	g.	PROPN
gujaf-49	206	5	f.	f.	PROPN
gujaf-49	206	6	(	(	PUNCT
gujaf-49	206	7	1991	1991	NUM
gujaf-49	206	8	)	)	PUNCT
gujaf-49	206	9	.	.	PUNCT
gujaf-49	207	1	agents	agent	NOUN
gujaf-49	207	2	without	without	ADP
gujaf-49	207	3	principles	principle	NOUN
gujaf-49	207	4	?	?	PUNCT
gujaf-49	208	1	the	the	DET
gujaf-49	208	2	spread	spread	NOUN
gujaf-49	208	3	of	of	ADP
gujaf-49	208	4	the	the	DET
gujaf-49	208	5	poison	poison	NOUN
gujaf-49	208	6	pill	pill	NOUN
gujaf-49	208	7	through	through	ADP
gujaf-49	208	8	the	the	DET
gujaf-49	208	9	intercorporate	intercorporate	ADJ
gujaf-49	208	10	network	network	NOUN
gujaf-49	208	11	,	,	PUNCT
gujaf-49	208	12	administrative	administrative	ADJ
gujaf-49	208	13	science	science	NOUN
gujaf-49	208	14	quarterly	quarterly	ADV
gujaf-49	208	15	,	,	PUNCT
gujaf-49	208	16	36	36	NUM
gujaf-49	208	17	,	,	PUNCT
gujaf-49	208	18	583–613	583–613	NUM
gujaf-49	208	19	.	.	PUNCT
gujaf-49	209	1	devos	devos	PROPN
gujaf-49	209	2	,	,	PUNCT
gujaf-49	209	3	e.	e.	PROPN
gujaf-49	209	4	,	,	PUNCT
gujaf-49	209	5	prevost	prevost	PROPN
gujaf-49	209	6	,	,	PUNCT
gujaf-49	209	7	a.	a.	PROPN
gujaf-49	209	8	,	,	PUNCT
gujaf-49	209	9	&	&	CCONJ
gujaf-49	209	10	puthenpurackal	puthenpurackal	PROPN
gujaf-49	209	11	,	,	PUNCT
gujaf-49	209	12	j.	j.	PROPN
gujaf-49	209	13	(	(	PUNCT
gujaf-49	209	14	2009	2009	NUM
gujaf-49	209	15	)	)	PUNCT
gujaf-49	209	16	.	.	PUNCT
gujaf-49	210	1	are	be	AUX
gujaf-49	210	2	interlocked	interlock	VERB
gujaf-49	210	3	directors	director	NOUN
gujaf-49	210	4	effective	effective	ADJ
gujaf-49	210	5	monitors	monitor	NOUN
gujaf-49	210	6	?	?	PUNCT
gujaf-49	211	1	financial	financial	ADJ
gujaf-49	211	2	management	management	NOUN
gujaf-49	211	3	,	,	PUNCT
gujaf-49	211	4	38	38	NUM
gujaf-49	211	5	:	:	SYM
gujaf-49	211	6	861	861	NUM
gujaf-49	211	7	-	-	SYM
gujaf-49	211	8	887	887	NUM
gujaf-49	211	9	.	.	PUNCT
gujaf-49	212	1	dooley	dooley	NOUN
gujaf-49	212	2	,	,	PUNCT
gujaf-49	212	3	p.	p.	PROPN
gujaf-49	212	4	c.	c.	PROPN
gujaf-49	212	5	(	(	PUNCT
gujaf-49	212	6	1969	1969	NUM
gujaf-49	212	7	)	)	PUNCT
gujaf-49	212	8	.	.	PUNCT
gujaf-49	213	1	the	the	DET
gujaf-49	213	2	interlocking	interlock	VERB
gujaf-49	213	3	directorate	directorate	NOUN
gujaf-49	213	4	,	,	PUNCT
gujaf-49	213	5	american	american	PROPN
gujaf-49	213	6	economic	economic	PROPN
gujaf-49	213	7	review	review	PROPN
gujaf-49	213	8	,	,	PUNCT
gujaf-49	213	9	59	59	NUM
gujaf-49	213	10	,	,	PUNCT
gujaf-49	213	11	314–323	314–323	NUM
gujaf-49	213	12	.	.	PUNCT
gujaf-49	213	13	ferris	ferris	PROPN
gujaf-49	213	14	,	,	PUNCT
gujaf-49	213	15	s.	s.	PROPN
gujaf-49	213	16	p.	p.	PROPN
gujaf-49	213	17	,	,	PUNCT
gujaf-49	213	18	jagannathan	jagannathan	PROPN
gujaf-49	213	19	,	,	PUNCT
gujaf-49	213	20	m.	m.	NOUN
gujaf-49	213	21	&	&	CCONJ
gujaf-49	213	22	pritchard	pritchard	PROPN
gujaf-49	213	23	,	,	PUNCT
gujaf-49	213	24	a.	a.	NOUN
gujaf-49	213	25	(	(	PUNCT
gujaf-49	213	26	2003	2003	NUM
gujaf-49	213	27	)	)	PUNCT
gujaf-49	213	28	.	.	PUNCT
gujaf-49	214	1	too	too	ADV
gujaf-49	214	2	busy	busy	ADJ
gujaf-49	214	3	to	to	PART
gujaf-49	214	4	mind	mind	VERB
gujaf-49	214	5	the	the	DET
gujaf-49	214	6	business	business	NOUN
gujaf-49	214	7	?	?	PUNCT
gujaf-49	215	1	monitoring	monitoring	NOUN
gujaf-49	215	2	by	by	ADP
gujaf-49	215	3	directors	director	NOUN
gujaf-49	215	4	with	with	ADP
gujaf-49	215	5	multiple	multiple	ADJ
gujaf-49	215	6	board	board	NOUN
gujaf-49	215	7	appointments	appointment	NOUN
gujaf-49	215	8	,	,	PUNCT
gujaf-49	215	9	journal	journal	NOUN
gujaf-49	215	10	of	of	ADP
gujaf-49	215	11	finance	finance	NOUN
gujaf-49	215	12	,	,	PUNCT
gujaf-49	215	13	58	58	NUM
gujaf-49	215	14	,	,	PUNCT
gujaf-49	215	15	1087	1087	NUM
gujaf-49	215	16	–	–	PUNCT
gujaf-49	215	17	1111	1111	NUM
gujaf-49	215	18	.	.	PUNCT
gujaf-49	216	1	ferris	ferris	PROPN
gujaf-49	216	2	,	,	PUNCT
gujaf-49	216	3	s.	s.	PROPN
gujaf-49	216	4	,	,	PUNCT
gujaf-49	216	5	&	&	CCONJ
gujaf-49	216	6	jagannathan	jagannathan	PROPN
gujaf-49	216	7	,	,	PUNCT
gujaf-49	216	8	m.	m.	NOUN
gujaf-49	216	9	(	(	PUNCT
gujaf-49	216	10	2001	2001	NUM
gujaf-49	216	11	)	)	PUNCT
gujaf-49	216	12	.	.	PUNCT
gujaf-49	217	1	the	the	DET
gujaf-49	217	2	incidence	incidence	NOUN
gujaf-49	217	3	and	and	CCONJ
gujaf-49	217	4	determinants	determinant	NOUN
gujaf-49	217	5	of	of	ADP
gujaf-49	217	6	multiple	multiple	ADJ
gujaf-49	217	7	corporate	corporate	ADJ
gujaf-49	217	8	directorships	directorship	NOUN
gujaf-49	217	9	”	"	PUNCT
gujaf-49	217	10	,	,	PUNCT
gujaf-49	217	11	applied	apply	VERB
gujaf-49	217	12	economics	economic	NOUN
gujaf-49	217	13	letters	letter	NOUN
gujaf-49	217	14	8	8	NUM
gujaf-49	217	15	:	:	SYM
gujaf-49	217	16	31	31	NUM
gujaf-49	217	17	-	-	SYM
gujaf-49	217	18	35	35	NUM
gujaf-49	217	19	fich	fich	NOUN
gujaf-49	217	20	,	,	PUNCT
gujaf-49	217	21	e.	e.	PROPN
gujaf-49	217	22	m.	m.	PROPN
gujaf-49	217	23	&	&	CCONJ
gujaf-49	217	24	shivdasani	shivdasani	PROPN
gujaf-49	217	25	,	,	PUNCT
gujaf-49	217	26	a.	a.	NOUN
gujaf-49	217	27	(	(	PUNCT
gujaf-49	217	28	2006	2006	NUM
gujaf-49	217	29	)	)	PUNCT
gujaf-49	217	30	,	,	PUNCT
gujaf-49	217	31	are	be	AUX
gujaf-49	217	32	busy	busy	ADJ
gujaf-49	217	33	boards	board	NOUN
gujaf-49	217	34	effective	effective	ADJ
gujaf-49	217	35	monitors	monitor	NOUN
gujaf-49	217	36	?	?	PUNCT
gujaf-49	217	37	,	,	PUNCT
gujaf-49	217	38	journal	journal	NOUN
gujaf-49	217	39	of	of	ADP
gujaf-49	217	40	finance	finance	NOUN
gujaf-49	217	41	,	,	PUNCT
gujaf-49	217	42	61	61	NUM
gujaf-49	217	43	,	,	PUNCT
gujaf-49	217	44	689–724	689–724	NUM
gujaf-49	217	45	.	.	PUNCT
gujaf-49	218	1	fligstein	fligstein	PROPN
gujaf-49	218	2	,	,	PUNCT
gujaf-49	218	3	n.	n.	NOUN
gujaf-49	218	4	,	,	PUNCT
gujaf-49	218	5	&	&	CCONJ
gujaf-49	218	6	brantley	brantley	PROPN
gujaf-49	218	7	,	,	PUNCT
gujaf-49	218	8	p.	p.	NOUN
gujaf-49	218	9	(	(	PUNCT
gujaf-49	218	10	1992	1992	NUM
gujaf-49	218	11	)	)	PUNCT
gujaf-49	218	12	.	.	PUNCT
gujaf-49	219	1	bank	bank	NOUN
gujaf-49	219	2	control	control	PROPN
gujaf-49	219	3	,	,	PUNCT
gujaf-49	219	4	owner	owner	NOUN
gujaf-49	219	5	control	control	NOUN
gujaf-49	219	6	,	,	PUNCT
gujaf-49	219	7	or	or	CCONJ
gujaf-49	219	8	organizational	organizational	ADJ
gujaf-49	219	9	dynamics	dynamic	NOUN
gujaf-49	219	10	:	:	PUNCT
gujaf-49	219	11	who	who	PRON
gujaf-49	219	12	controls	control	VERB
gujaf-49	219	13	the	the	DET
gujaf-49	219	14	large	large	ADJ
gujaf-49	219	15	modern	modern	ADJ
gujaf-49	219	16	corporation	corporation	NOUN
gujaf-49	219	17	?	?	PUNCT
gujaf-49	220	1	american	american	ADJ
gujaf-49	220	2	journal	journal	PROPN
gujaf-49	220	3	of	of	ADP
gujaf-49	220	4	sociology	sociology	NOUN
gujaf-49	220	5	,	,	PUNCT
gujaf-49	220	6	98	98	NUM
gujaf-49	220	7	,	,	PUNCT
gujaf-49	220	8	280	280	NUM
gujaf-49	220	9	–	–	PUNCT
gujaf-49	220	10	307	307	NUM
gujaf-49	220	11	.	.	PUNCT
gujaf-49	221	1	fredriksson	fredriksson	PROPN
gujaf-49	221	2	,	,	PUNCT
gujaf-49	221	3	a.	a.	NOUN
gujaf-49	221	4	,	,	PUNCT
gujaf-49	221	5	kiran	kiran	PROPN
gujaf-49	221	6	,	,	PUNCT
gujaf-49	221	7	a.	a.	PROPN
gujaf-49	221	8	,	,	PUNCT
gujaf-49	221	9	&	&	CCONJ
gujaf-49	221	10	niemii	niemii	PROPN
gujaf-49	221	11	,	,	PUNCT
gujaf-49	221	12	l.	l.	PROPN
gujaf-49	221	13	(	(	PUNCT
gujaf-49	221	14	2018	2018	NUM
gujaf-49	221	15	)	)	PUNCT
gujaf-49	221	16	.	.	PUNCT
gujaf-49	222	1	reputation	reputation	NOUN
gujaf-49	222	2	capital	capital	NOUN
gujaf-49	222	3	of	of	ADP
gujaf-49	222	4	directorships	directorship	NOUN
gujaf-49	222	5	and	and	CCONJ
gujaf-49	222	6	audit	audit	NOUN
gujaf-49	222	7	quality	quality	NOUN
gujaf-49	222	8	.	.	PUNCT
gujaf-49	223	1	m.sc	m.sc	PROPN
gujaf-49	223	2	thesis	thesis	NOUN
gujaf-49	223	3	presented	present	VERB
gujaf-49	223	4	in	in	ADP
gujaf-49	223	5	turuku	turuku	PROPN
gujaf-49	223	6	school	school	NOUN
gujaf-49	223	7	of	of	ADP
gujaf-49	223	8	economics	economic	NOUN
gujaf-49	223	9	,	,	PUNCT
gujaf-49	223	10	aalto	aalto	PROPN
gujaf-49	223	11	university	university	PROPN
gujaf-49	223	12	school	school	NOUN
gujaf-49	223	13	of	of	ADP
gujaf-49	223	14	business	business	NOUN
gujaf-49	223	15	.	.	PUNCT
gujaf-49	224	1	geletkanycz	geletkanycz	NOUN
gujaf-49	224	2	,	,	PUNCT
gujaf-49	224	3	m.	m.	NOUN
gujaf-49	224	4	a.	a.	PROPN
gujaf-49	224	5	,	,	PUNCT
gujaf-49	224	6	boyd	boyd	PROPN
gujaf-49	224	7	,	,	PUNCT
gujaf-49	224	8	b.	b.	PROPN
gujaf-49	224	9	k.	k.	PROPN
gujaf-49	224	10	,	,	PUNCT
gujaf-49	224	11	&	&	CCONJ
gujaf-49	224	12	finkelstein	finkelstein	PROPN
gujaf-49	224	13	,	,	PUNCT
gujaf-49	224	14	s.	s.	PROPN
gujaf-49	224	15	(	(	PUNCT
gujaf-49	224	16	2001	2001	NUM
gujaf-49	224	17	)	)	PUNCT
gujaf-49	224	18	.	.	PUNCT
gujaf-49	225	1	the	the	DET
gujaf-49	225	2	strategic	strategic	ADJ
gujaf-49	225	3	value	value	NOUN
gujaf-49	225	4	of	of	ADP
gujaf-49	225	5	ceo	ceo	NOUN
gujaf-49	225	6	external	external	ADJ
gujaf-49	225	7	directorate	directorate	ADJ
gujaf-49	225	8	networks	network	NOUN
gujaf-49	225	9	:	:	PUNCT
gujaf-49	225	10	implications	implication	NOUN
gujaf-49	225	11	for	for	ADP
gujaf-49	225	12	ceo	ceo	NOUN
gujaf-49	225	13	compensation	compensation	NOUN
gujaf-49	225	14	.	.	PUNCT
gujaf-49	226	1	strategic	strategic	ADJ
gujaf-49	226	2	management	management	NOUN
gujaf-49	226	3	journal	journal	NOUN
gujaf-49	226	4	,	,	PUNCT
gujaf-49	226	5	22	22	NUM
gujaf-49	226	6	:	:	PUNCT
gujaf-49	226	7	889	889	NUM
gujaf-49	226	8	-	-	SYM
gujaf-49	226	9	898	898	NUM
gujaf-49	226	10	.	.	PUNCT
gujaf-49	227	1	geletkanycz	geletkanycz	NOUN
gujaf-49	227	2	,	,	PUNCT
gujaf-49	227	3	m.a	m.a	PROPN
gujaf-49	227	4	.	.	PROPN
gujaf-49	227	5	,	,	PUNCT
gujaf-49	227	6	&	&	CCONJ
gujaf-49	227	7	boyd	boyd	PROPN
gujaf-49	227	8	,	,	PUNCT
gujaf-49	227	9	b.k	b.k	PROPN
gujaf-49	227	10	.	.	PUNCT
gujaf-49	227	11	(	(	PUNCT
gujaf-49	227	12	2011	2011	NUM
gujaf-49	227	13	)	)	PUNCT
gujaf-49	227	14	.	.	PUNCT
gujaf-49	228	1	ceo	ceo	NOUN
gujaf-49	228	2	outside	outside	ADP
gujaf-49	228	3	directorship	directorship	NOUN
gujaf-49	228	4	and	and	CCONJ
gujaf-49	228	5	firm	firm	ADJ
gujaf-49	228	6	performance	performance	NOUN
gujaf-49	228	7	:	:	PUNCT
gujaf-49	228	8	a	a	DET
gujaf-49	228	9	reconciliation	reconciliation	NOUN
gujaf-49	228	10	of	of	ADP
gujaf-49	228	11	agency	agency	NOUN
gujaf-49	228	12	and	and	CCONJ
gujaf-49	228	13	embeddness	embeddness	ADJ
gujaf-49	228	14	views	view	NOUN
gujaf-49	228	15	.	.	PUNCT
gujaf-49	229	1	academy	academy	PROPN
gujaf-49	229	2	of	of	ADP
gujaf-49	229	3	management	management	NOUN
gujaf-49	229	4	journal	journal	NOUN
gujaf-49	229	5	.	.	PUNCT
gujaf-49	230	1	54	54	NUM
gujaf-49	230	2	,	,	PUNCT
gujaf-49	230	3	335	335	NUM
gujaf-49	230	4	-	-	SYM
gujaf-49	230	5	354	354	NUM
gujaf-49	230	6	.	.	PUNCT
gujaf-49	231	1	gu	gu	PROPN
gujaf-49	231	2	,	,	PUNCT
gujaf-49	231	3	z.	z.	PROPN
gujaf-49	231	4	,	,	PUNCT
gujaf-49	231	5	lee	lee	PROPN
gujaf-49	231	6	,	,	PUNCT
gujaf-49	231	7	c.w.j	c.w.j	NOUN
gujaf-49	231	8	.	.	PUNCT
gujaf-49	231	9	,	,	PUNCT
gujaf-49	231	10	&	&	CCONJ
gujaf-49	231	11	rosset	rosset	PROPN
gujaf-49	231	12	,	,	PUNCT
gujaf-49	231	13	j.g	j.g	PROPN
gujaf-49	231	14	.	.	PROPN
gujaf-49	231	15	(	(	PUNCT
gujaf-49	231	16	2005	2005	NUM
gujaf-49	231	17	)	)	PUNCT
gujaf-49	231	18	.	.	PUNCT
gujaf-49	232	1	what	what	PRON
gujaf-49	232	2	determines	determine	VERB
gujaf-49	232	3	the	the	DET
gujaf-49	232	4	variability	variability	NOUN
gujaf-49	232	5	of	of	ADP
gujaf-49	232	6	accounting	accounting	NOUN
gujaf-49	232	7	accruals	accrual	NOUN
gujaf-49	232	8	?	?	PUNCT
gujaf-49	233	1	review	review	NOUN
gujaf-49	233	2	of	of	ADP
gujaf-49	233	3	quantitative	quantitative	ADJ
gujaf-49	233	4	finance	finance	NOUN
gujaf-49	233	5	and	and	CCONJ
gujaf-49	233	6	accounting	accounting	NOUN
gujaf-49	233	7	,	,	PUNCT
gujaf-49	233	8	24	24	NUM
gujaf-49	233	9	,	,	PUNCT
gujaf-49	233	10	313	313	NUM
gujaf-49	233	11	-	-	SYM
gujaf-49	233	12	334	334	NUM
gujaf-49	233	13	.	.	PUNCT
gujaf-49	234	1	hambrick	hambrick	PROPN
gujaf-49	234	2	,	,	PUNCT
gujaf-49	234	3	d.	d.	PROPN
gujaf-49	234	4	c.	c.	PROPN
gujaf-49	234	5	(	(	PUNCT
gujaf-49	234	6	2007	2007	NUM
gujaf-49	234	7	)	)	PUNCT
gujaf-49	234	8	.	.	PUNCT
gujaf-49	235	1	upper	upper	ADJ
gujaf-49	235	2	echelons	echelon	NOUN
gujaf-49	235	3	theory	theory	NOUN
gujaf-49	235	4	:	:	PUNCT
gujaf-49	235	5	an	an	DET
gujaf-49	235	6	update	update	NOUN
gujaf-49	235	7	.	.	PUNCT
gujaf-49	236	1	academy	academy	PROPN
gujaf-49	236	2	of	of	ADP
gujaf-49	236	3	management	management	NOUN
gujaf-49	236	4	,	,	PUNCT
gujaf-49	236	5	32(2	32(2	NUM
gujaf-49	236	6	)	)	PUNCT
gujaf-49	236	7	,	,	PUNCT
gujaf-49	236	8	334	334	NUM
gujaf-49	236	9	-	-	SYM
gujaf-49	236	10	343	343	NUM
gujaf-49	236	11	.	.	PUNCT
gujaf-49	237	1	hambrick	hambrick	PROPN
gujaf-49	237	2	,	,	PUNCT
gujaf-49	237	3	d.	d.	PROPN
gujaf-49	237	4	c.	c.	PROPN
gujaf-49	237	5	,	,	PUNCT
gujaf-49	237	6	&	&	CCONJ
gujaf-49	237	7	mason	mason	PROPN
gujaf-49	237	8	p.	p.	PROPN
gujaf-49	237	9	a.	a.	PROPN
gujaf-49	237	10	(	(	PUNCT
gujaf-49	237	11	1984	1984	NUM
gujaf-49	237	12	)	)	PUNCT
gujaf-49	237	13	.	.	PUNCT
gujaf-49	238	1	upper	upper	ADJ
gujaf-49	238	2	echelons	echelon	NOUN
gujaf-49	238	3	:	:	PUNCT
gujaf-49	238	4	the	the	DET
gujaf-49	238	5	organization	organization	NOUN
gujaf-49	238	6	as	as	ADP
gujaf-49	238	7	a	a	DET
gujaf-49	238	8	reflection	reflection	NOUN
gujaf-49	238	9	of	of	ADP
gujaf-49	238	10	its	its	PRON
gujaf-49	238	11	top	top	ADJ
gujaf-49	238	12	managers	manager	NOUN
gujaf-49	238	13	.	.	PUNCT
gujaf-49	239	1	academy	academy	PROPN
gujaf-49	239	2	of	of	ADP
gujaf-49	239	3	management	management	PROPN
gujaf-49	239	4	review	review	PROPN
gujaf-49	239	5	,	,	PUNCT
gujaf-49	239	6	9(2	9(2	NUM
gujaf-49	239	7	)	)	PUNCT
gujaf-49	239	8	,	,	PUNCT
gujaf-49	239	9	193	193	NUM
gujaf-49	239	10	-	-	SYM
gujaf-49	239	11	206	206	NUM
gujaf-49	239	12	.	.	PUNCT
gujaf-49	240	1	http://dx.dox/10.1108/gg-12-2010-0096	http://dx.dox/10.1108/gg-12-2010-0096	ADJ
gujaf-49	240	2	gusau	gusau	ADJ
gujaf-49	240	3	journal	journal	NOUN
gujaf-49	240	4	of	of	ADP
gujaf-49	240	5	accounting	accounting	NOUN
gujaf-49	240	6	and	and	CCONJ
gujaf-49	240	7	finance	finance	NOUN
gujaf-49	240	8	,	,	PUNCT
gujaf-49	240	9	vol	vol	NOUN
gujaf-49	240	10	.	.	PROPN
gujaf-49	240	11	2	2	NUM
gujaf-49	240	12	,	,	PUNCT
gujaf-49	240	13	issue	issue	NOUN
gujaf-49	240	14	1	1	NUM
gujaf-49	240	15	,	,	PUNCT
gujaf-49	240	16	april	april	PROPN
gujaf-49	240	17	,	,	PUNCT
gujaf-49	240	18	2021	2021	NUM
gujaf-49	240	19	12	12	NUM
gujaf-49	241	1	hashim	hashim	PROPN
gujaf-49	241	2	,	,	PUNCT
gujaf-49	241	3	n.m	n.m	PROPN
gujaf-49	241	4	.	.	PROPN
gujaf-49	241	5	(	(	PUNCT
gujaf-49	241	6	2018	2018	NUM
gujaf-49	241	7	)	)	PUNCT
gujaf-49	241	8	.	.	PUNCT
gujaf-49	242	1	board	board	NOUN
gujaf-49	242	2	characteristics	characteristic	NOUN
gujaf-49	242	3	and	and	CCONJ
gujaf-49	242	4	firm	firm	ADJ
gujaf-49	242	5	performance	performance	NOUN
gujaf-49	242	6	:	:	PUNCT
gujaf-49	242	7	empirical	empirical	ADJ
gujaf-49	242	8	evidence	evidence	NOUN
gujaf-49	242	9	from	from	ADP
gujaf-49	242	10	turkey	turkey	PROPN
gujaf-49	242	11	.	.	PUNCT
gujaf-49	243	1	journal	journal	PROPN
gujaf-49	243	2	of	of	ADP
gujaf-49	243	3	humanities	humanities	PROPN
gujaf-49	243	4	&	&	CCONJ
gujaf-49	243	5	social	social	ADJ
gujaf-49	243	6	sciences	science	NOUN
gujaf-49	243	7	,	,	PUNCT
gujaf-49	243	8	21(1	21(1	NUM
gujaf-49	243	9	)	)	PUNCT
gujaf-49	243	10	,	,	PUNCT
gujaf-49	243	11	423	423	NUM
gujaf-49	243	12	-	-	SYM
gujaf-49	243	13	430	430	NUM
gujaf-49	243	14	.	.	PUNCT
gujaf-49	244	1	haynes	haynes	PROPN
gujaf-49	244	2	,	,	PUNCT
gujaf-49	244	3	k.	k.	PROPN
gujaf-49	244	4	t.	t.	PROPN
gujaf-49	244	5	,	,	PUNCT
gujaf-49	244	6	&	&	CCONJ
gujaf-49	244	7	hillman	hillman	PROPN
gujaf-49	244	8	,	,	PUNCT
gujaf-49	244	9	a.	a.	PROPN
gujaf-49	244	10	(	(	PUNCT
gujaf-49	244	11	2010	2010	NUM
gujaf-49	244	12	)	)	PUNCT
gujaf-49	244	13	.	.	PUNCT
gujaf-49	245	1	the	the	DET
gujaf-49	245	2	effect	effect	NOUN
gujaf-49	245	3	of	of	ADP
gujaf-49	245	4	board	board	NOUN
gujaf-49	245	5	capital	capital	NOUN
gujaf-49	245	6	and	and	CCONJ
gujaf-49	245	7	ceo	ceo	NOUN
gujaf-49	245	8	power	power	NOUN
gujaf-49	245	9	on	on	ADP
gujaf-49	245	10	strategic	strategic	ADJ
gujaf-49	245	11	change	change	NOUN
gujaf-49	245	12	.	.	PUNCT
gujaf-49	246	1	strategic	strategic	ADJ
gujaf-49	246	2	management	management	NOUN
gujaf-49	246	3	journal	journal	NOUN
gujaf-49	246	4	,	,	PUNCT
gujaf-49	246	5	31	31	NUM
gujaf-49	246	6	,	,	PUNCT
gujaf-49	246	7	1145–1163	1145–1163	NUM
gujaf-49	246	8	.	.	PUNCT
gujaf-49	247	1	horton	horton	PROPN
gujaf-49	247	2	,	,	PUNCT
gujaf-49	247	3	j.	j.	PROPN
gujaf-49	247	4	,	,	PUNCT
gujaf-49	247	5	millo	millo	PROPN
gujaf-49	247	6	,	,	PUNCT
gujaf-49	247	7	y.	y.	PROPN
gujaf-49	247	8	,	,	PUNCT
gujaf-49	247	9	&	&	CCONJ
gujaf-49	247	10	serafeim	serafeim	PROPN
gujaf-49	247	11	,	,	PUNCT
gujaf-49	247	12	g.	g.	PROPN
gujaf-49	247	13	(	(	PUNCT
gujaf-49	247	14	2012	2012	NUM
gujaf-49	247	15	)	)	PUNCT
gujaf-49	247	16	.	.	PUNCT
gujaf-49	248	1	resources	resource	NOUN
gujaf-49	248	2	or	or	CCONJ
gujaf-49	248	3	power	power	NOUN
gujaf-49	248	4	?	?	PUNCT
gujaf-49	249	1	implications	implication	NOUN
gujaf-49	249	2	of	of	ADP
gujaf-49	249	3	social	social	ADJ
gujaf-49	249	4	networks	network	NOUN
gujaf-49	249	5	on	on	ADP
gujaf-49	249	6	compensation	compensation	NOUN
gujaf-49	249	7	and	and	CCONJ
gujaf-49	249	8	firm	firm	ADJ
gujaf-49	249	9	performance	performance	NOUN
gujaf-49	249	10	.	.	PUNCT
gujaf-49	250	1	journal	journal	NOUN
gujaf-49	250	2	of	of	ADP
gujaf-49	250	3	business	business	NOUN
gujaf-49	250	4	finance	finance	PROPN
gujaf-49	250	5	&	&	CCONJ
gujaf-49	250	6	accounting	accounting	PROPN
gujaf-49	250	7	,	,	PUNCT
gujaf-49	250	8	39	39	NUM
gujaf-49	250	9	:	:	SYM
gujaf-49	250	10	399	399	NUM
gujaf-49	250	11	-	-	SYM
gujaf-49	250	12	426	426	NUM
gujaf-49	250	13	.	.	PUNCT
gujaf-49	251	1	igbinosa	igbinosa	PROPN
gujaf-49	251	2	,	,	PUNCT
gujaf-49	251	3	s	s	PART
gujaf-49	251	4	.o	.o	PROPN
gujaf-49	251	5	.	.	PUNCT
gujaf-49	252	1	&	&	CCONJ
gujaf-49	253	1	ogbeide	ogbeide	ADJ
gujaf-49	253	2	,	,	PUNCT
gujaf-49	253	3	s.o	s.o	PROPN
gujaf-49	253	4	.	.	PROPN
gujaf-49	253	5	(	(	PUNCT
gujaf-49	253	6	2015	2015	NUM
gujaf-49	253	7	)	)	PUNCT
gujaf-49	253	8	.	.	PUNCT
gujaf-49	254	1	corporate	corporate	ADJ
gujaf-49	254	2	board	board	NOUN
gujaf-49	254	3	diversity	diversity	NOUN
gujaf-49	254	4	and	and	CCONJ
gujaf-49	254	5	stock	stock	NOUN
gujaf-49	254	6	price	price	NOUN
gujaf-49	254	7	performance	performance	NOUN
gujaf-49	254	8	:	:	PUNCT
gujaf-49	254	9	evidence	evidence	NOUN
gujaf-49	254	10	from	from	ADP
gujaf-49	254	11	nigeria	nigeria	PROPN
gujaf-49	254	12	,	,	PUNCT
gujaf-49	254	13	journal	journal	NOUN
gujaf-49	254	14	of	of	ADP
gujaf-49	254	15	business	business	PROPN
gujaf-49	254	16	&	&	CCONJ
gujaf-49	254	17	value	value	PROPN
gujaf-49	254	18	creation	creation	NOUN
gujaf-49	254	19	,	,	PUNCT
gujaf-49	254	20	4	4	NUM
gujaf-49	254	21	(	(	PUNCT
gujaf-49	254	22	1	1	NUM
gujaf-49	254	23	)	)	PUNCT
gujaf-49	254	24	,	,	PUNCT
gujaf-49	254	25	98	98	NUM
gujaf-49	254	26	-	-	SYM
gujaf-49	254	27	116	116	NUM
gujaf-49	254	28	.	.	PUNCT
gujaf-49	255	1	kang	kang	PROPN
gujaf-49	255	2	,	,	PUNCT
gujaf-49	255	3	e.	e.	PROPN
gujaf-49	255	4	(	(	PUNCT
gujaf-49	255	5	2008	2008	NUM
gujaf-49	255	6	)	)	PUNCT
gujaf-49	255	7	.	.	PUNCT
gujaf-49	256	1	director	director	NOUN
gujaf-49	256	2	interlocks	interlock	NOUN
gujaf-49	256	3	and	and	CCONJ
gujaf-49	256	4	spillover	spillover	VERB
gujaf-49	256	5	effects	effect	NOUN
gujaf-49	256	6	of	of	ADP
gujaf-49	256	7	reputational	reputational	ADJ
gujaf-49	256	8	penalties	penalty	NOUN
gujaf-49	256	9	from	from	ADP
gujaf-49	256	10	financial	financial	ADJ
gujaf-49	256	11	reporting	reporting	NOUN
gujaf-49	256	12	fraud	fraud	NOUN
gujaf-49	256	13	.	.	PUNCT
gujaf-49	257	1	academy	academy	PROPN
gujaf-49	257	2	of	of	ADP
gujaf-49	257	3	management	management	PROPN
gujaf-49	257	4	journal	journal	NOUN
gujaf-49	257	5	,	,	PUNCT
gujaf-49	257	6	51	51	NUM
gujaf-49	257	7	,	,	PUNCT
gujaf-49	257	8	(	(	PUNCT
gujaf-49	257	9	3	3	NUM
gujaf-49	257	10	)	)	PUNCT
gujaf-49	257	11	,	,	PUNCT
gujaf-49	257	12	537	537	NUM
gujaf-49	257	13	-	-	SYM
gujaf-49	257	14	555	555	NUM
gujaf-49	257	15	.	.	PUNCT
gujaf-49	258	1	kemp	kemp	PROPN
gujaf-49	258	2	,	,	PUNCT
gujaf-49	258	3	n.m	n.m	PROPN
gujaf-49	258	4	.	.	PROPN
gujaf-49	258	5	,	,	PUNCT
gujaf-49	258	6	viviers	vivier	NOUN
gujaf-49	258	7	,	,	PUNCT
gujaf-49	258	8	s.	s.	PROPN
gujaf-49	258	9	,	,	PUNCT
gujaf-49	258	10	&	&	CCONJ
gujaf-49	258	11	collins	collins	PROPN
gujaf-49	258	12	,	,	PUNCT
gujaf-49	258	13	s.	s.	PROPN
gujaf-49	258	14	(	(	PUNCT
gujaf-49	258	15	2018	2018	NUM
gujaf-49	258	16	)	)	PUNCT
gujaf-49	258	17	.	.	PUNCT
gujaf-49	259	1	exploring	explore	VERB
gujaf-49	259	2	the	the	DET
gujaf-49	259	3	causes	cause	NOUN
gujaf-49	259	4	and	and	CCONJ
gujaf-49	259	5	consequences	consequence	NOUN
gujaf-49	259	6	of	of	ADP
gujaf-49	259	7	director	director	NOUN
gujaf-49	259	8	overboardedness	overboardedness	NOUN
gujaf-49	259	9	in	in	ADP
gujaf-49	259	10	an	an	DET
gujaf-49	259	11	emerging	emerge	VERB
gujaf-49	259	12	market	market	NOUN
gujaf-49	259	13	.	.	PUNCT
gujaf-49	260	1	international	international	ADJ
gujaf-49	260	2	journal	journal	PROPN
gujaf-49	260	3	of	of	ADP
gujaf-49	260	4	disclosure	disclosure	NOUN
gujaf-49	260	5	and	and	CCONJ
gujaf-49	260	6	governance	governance	NOUN
gujaf-49	260	7	,	,	PUNCT
gujaf-49	260	8	15(1	15(1	NUM
gujaf-49	260	9	)	)	PUNCT
gujaf-49	260	10	,	,	PUNCT
gujaf-49	260	11	211	211	NUM
gujaf-49	260	12	-	-	SYM
gujaf-49	260	13	222	222	NUM
gujaf-49	260	14	.	.	PUNCT
gujaf-49	261	1	kiel	kiel	PROPN
gujaf-49	261	2	,	,	PUNCT
gujaf-49	261	3	g.c	g.c	PROPN
gujaf-49	261	4	.	.	PROPN
gujaf-49	261	5	,	,	PUNCT
gujaf-49	261	6	&	&	CCONJ
gujaf-49	261	7	nicholson	nicholson	PROPN
gujaf-49	261	8	g.j	g.j	PROPN
gujaf-49	261	9	.	.	PROPN
gujaf-49	261	10	(	(	PUNCT
gujaf-49	261	11	2006	2006	NUM
gujaf-49	261	12	)	)	PUNCT
gujaf-49	261	13	.	.	PUNCT
gujaf-49	262	1	multiple	multiple	ADJ
gujaf-49	262	2	directorships	directorship	NOUN
gujaf-49	262	3	and	and	CCONJ
gujaf-49	262	4	corporate	corporate	ADJ
gujaf-49	262	5	performance	performance	NOUN
gujaf-49	262	6	in	in	ADP
gujaf-49	262	7	australian	australian	ADJ
gujaf-49	262	8	listed	list	VERB
gujaf-49	262	9	companies	company	NOUN
gujaf-49	262	10	”	"	PUNCT
gujaf-49	262	11	,	,	PUNCT
gujaf-49	262	12	corporate	corporate	ADJ
gujaf-49	262	13	governance	governance	NOUN
gujaf-49	262	14	:	:	PUNCT
gujaf-49	262	15	an	an	DET
gujaf-49	262	16	international	international	ADJ
gujaf-49	262	17	review	review	NOUN
gujaf-49	262	18	14	14	NUM
gujaf-49	262	19	:	:	SYM
gujaf-49	262	20	530546	530546	NUM
gujaf-49	262	21	.	.	PUNCT
gujaf-49	263	1	lamb	lamb	PROPN
gujaf-49	263	2	,	,	PUNCT
gujaf-49	263	3	n.h	n.h	PROPN
gujaf-49	263	4	.	.	PUNCT
gujaf-49	263	5	(	(	PUNCT
gujaf-49	263	6	2017	2017	NUM
gujaf-49	263	7	)	)	PUNCT
gujaf-49	263	8	.	.	PUNCT
gujaf-49	264	1	does	do	AUX
gujaf-49	264	2	the	the	DET
gujaf-49	264	3	number	number	NOUN
gujaf-49	264	4	of	of	ADP
gujaf-49	264	5	interlocking	interlock	VERB
gujaf-49	264	6	directors	director	NOUN
gujaf-49	264	7	influence	influence	VERB
gujaf-49	264	8	a	a	DET
gujaf-49	264	9	firm	firm	ADJ
gujaf-49	264	10	financial	financial	ADJ
gujaf-49	264	11	performance	performance	NOUN
gujaf-49	264	12	?	?	PUNCT
gujaf-49	265	1	an	an	DET
gujaf-49	265	2	exploratory	exploratory	ADJ
gujaf-49	265	3	meta	meta	NOUN
gujaf-49	265	4	-	-	PUNCT
gujaf-49	265	5	analysis	analysis	NOUN
gujaf-49	265	6	.	.	PUNCT
gujaf-49	266	1	american	american	ADJ
gujaf-49	266	2	journal	journal	PROPN
gujaf-49	266	3	of	of	ADP
gujaf-49	266	4	management	management	NOUN
gujaf-49	266	5	vol	vol	NOUN
gujaf-49	266	6	.	.	PUNCT
gujaf-49	267	1	17(2	17(2	NUM
gujaf-49	267	2	)	)	PUNCT
gujaf-49	267	3	,	,	PUNCT
gujaf-49	267	4	47	47	NUM
gujaf-49	267	5	-	-	SYM
gujaf-49	267	6	56	56	NUM
gujaf-49	267	7	.	.	PUNCT
gujaf-49	268	1	marimuthu	marimuthu	NOUN
gujaf-49	268	2	,	,	PUNCT
gujaf-49	268	3	m.	m.	NOUN
gujaf-49	268	4	,	,	PUNCT
gujaf-49	268	5	&	&	CCONJ
gujaf-49	268	6	koladasamy	koladasamy	PROPN
gujaf-49	268	7	,	,	PUNCT
gujaf-49	268	8	l.	l.	PROPN
gujaf-49	268	9	(	(	PUNCT
gujaf-49	268	10	2009	2009	NUM
gujaf-49	268	11	)	)	PUNCT
gujaf-49	268	12	.	.	PUNCT
gujaf-49	269	1	ethnic	ethnic	ADJ
gujaf-49	269	2	and	and	CCONJ
gujaf-49	269	3	gender	gender	NOUN
gujaf-49	269	4	diversity	diversity	NOUN
gujaf-49	269	5	in	in	ADP
gujaf-49	269	6	board	board	NOUN
gujaf-49	269	7	of	of	ADP
gujaf-49	269	8	directors	director	NOUN
gujaf-49	269	9	and	and	CCONJ
gujaf-49	269	10	their	their	PRON
gujaf-49	269	11	relevance	relevance	NOUN
gujaf-49	269	12	to	to	ADP
gujaf-49	269	13	financial	financial	ADJ
gujaf-49	269	14	performance	performance	NOUN
gujaf-49	269	15	of	of	ADP
gujaf-49	269	16	malaysian	malaysian	ADJ
gujaf-49	269	17	companies	company	NOUN
gujaf-49	269	18	.	.	PUNCT
gujaf-49	270	1	journal	journal	NOUN
gujaf-49	270	2	of	of	ADP
gujaf-49	270	3	sustainable	sustainable	ADJ
gujaf-49	270	4	development	development	NOUN
gujaf-49	270	5	,	,	PUNCT
gujaf-49	270	6	2(3	2(3	NUM
gujaf-49	270	7	)	)	PUNCT
gujaf-49	270	8	,	,	PUNCT
gujaf-49	270	9	139	139	NUM
gujaf-49	270	10	-	-	SYM
gujaf-49	270	11	148	148	NUM
gujaf-49	270	12	.	.	PUNCT
gujaf-49	271	1	meeusen	meeusen	NOUN
gujaf-49	271	2	,	,	PUNCT
gujaf-49	271	3	w.	w.	PROPN
gujaf-49	271	4	,	,	PUNCT
gujaf-49	271	5	&	&	CCONJ
gujaf-49	271	6	cuyvers	cuyver	NOUN
gujaf-49	271	7	,	,	PUNCT
gujaf-49	271	8	l.	l.	PROPN
gujaf-49	271	9	(	(	PUNCT
gujaf-49	271	10	1985	1985	NUM
gujaf-49	271	11	)	)	PUNCT
gujaf-49	271	12	.	.	PUNCT
gujaf-49	272	1	the	the	DET
gujaf-49	272	2	interaction	interaction	NOUN
gujaf-49	272	3	between	between	ADP
gujaf-49	272	4	interlocking	interlock	VERB
gujaf-49	272	5	directorships	directorship	NOUN
gujaf-49	272	6	and	and	CCONJ
gujaf-49	272	7	the	the	DET
gujaf-49	272	8	economic	economic	ADJ
gujaf-49	272	9	behaviour	behaviour	NOUN
gujaf-49	272	10	of	of	ADP
gujaf-49	272	11	companies	company	NOUN
gujaf-49	272	12	.	.	PUNCT
gujaf-49	273	1	in	in	ADP
gujaf-49	273	2	f.	f.	PROPN
gujaf-49	273	3	n.	n.	PROPN
gujaf-49	273	4	stokman	stokman	PROPN
gujaf-49	273	5	,	,	PUNCT
gujaf-49	273	6	r.	r.	PROPN
gujaf-49	273	7	ziegler	ziegler	PROPN
gujaf-49	273	8	,	,	PUNCT
gujaf-49	273	9	&	&	CCONJ
gujaf-49	273	10	j.	j.	PROPN
gujaf-49	273	11	scott	scott	PROPN
gujaf-49	273	12	(	(	PUNCT
gujaf-49	273	13	eds	eds	PROPN
gujaf-49	273	14	.	.	PUNCT
gujaf-49	273	15	)	)	PUNCT
gujaf-49	273	16	,	,	PUNCT
gujaf-49	273	17	networks	network	NOUN
gujaf-49	273	18	of	of	ADP
gujaf-49	273	19	corporate	corporate	ADJ
gujaf-49	273	20	power	power	NOUN
gujaf-49	273	21	:	:	PUNCT
gujaf-49	273	22	45	45	NUM
gujaf-49	273	23	-	-	SYM
gujaf-49	273	24	72	72	NUM
gujaf-49	273	25	.	.	PUNCT
gujaf-49	274	1	cambridge	cambridge	PROPN
gujaf-49	274	2	,	,	PUNCT
gujaf-49	274	3	england	england	PROPN
gujaf-49	274	4	:	:	PUNCT
gujaf-49	274	5	polity	polity	NOUN
gujaf-49	274	6	mizruchi	mizruchi	NOUN
gujaf-49	274	7	,	,	PUNCT
gujaf-49	274	8	m.	m.	PROPN
gujaf-49	274	9	s.	s.	PROPN
gujaf-49	274	10	&	&	CCONJ
gujaf-49	274	11	stearns	stearns	PROPN
gujaf-49	274	12	,	,	PUNCT
gujaf-49	274	13	l.	l.	PROPN
gujaf-49	274	14	b.	b.	PROPN
gujaf-49	274	15	(	(	PUNCT
gujaf-49	274	16	1994	1994	NUM
gujaf-49	274	17	)	)	PUNCT
gujaf-49	274	18	,	,	PUNCT
gujaf-49	274	19	a	a	DET
gujaf-49	274	20	longitudinal	longitudinal	ADJ
gujaf-49	274	21	study	study	NOUN
gujaf-49	274	22	of	of	ADP
gujaf-49	274	23	borrowing	borrowing	NOUN
gujaf-49	274	24	by	by	ADP
gujaf-49	274	25	large	large	ADJ
gujaf-49	274	26	american	american	ADJ
gujaf-49	274	27	corporations	corporation	NOUN
gujaf-49	274	28	,	,	PUNCT
gujaf-49	274	29	administrative	administrative	ADJ
gujaf-49	274	30	science	science	NOUN
gujaf-49	274	31	quarterly	quarterly	ADV
gujaf-49	274	32	,	,	PUNCT
gujaf-49	274	33	39	39	NUM
gujaf-49	274	34	,	,	PUNCT
gujaf-49	274	35	118–140	118–140	NUM
gujaf-49	274	36	non	non	ADJ
gujaf-49	274	37	.	.	NOUN
gujaf-49	274	38	m.	m.	NOUN
gujaf-49	274	39	,	,	PUNCT
gujaf-49	274	40	&	&	CCONJ
gujaf-49	274	41	franses	franse	NOUN
gujaf-49	274	42	,	,	PUNCT
gujaf-49	274	43	p.	p.	NOUN
gujaf-49	274	44	h.	h.	PROPN
gujaf-49	274	45	(	(	PUNCT
gujaf-49	274	46	2007	2007	NUM
gujaf-49	274	47	)	)	PUNCT
gujaf-49	274	48	.	.	PUNCT
gujaf-49	275	1	interlocking	interlock	VERB
gujaf-49	275	2	boards	board	NOUN
gujaf-49	275	3	and	and	CCONJ
gujaf-49	275	4	firm	firm	ADJ
gujaf-49	275	5	performance	performance	NOUN
gujaf-49	275	6	:	:	PUNCT
gujaf-49	275	7	evidence	evidence	NOUN
gujaf-49	275	8	from	from	ADP
gujaf-49	275	9	a	a	DET
gujaf-49	275	10	new	new	ADJ
gujaf-49	275	11	panel	panel	NOUN
gujaf-49	275	12	database	database	NOUN
gujaf-49	275	13	.	.	PUNCT
gujaf-49	276	1	tinbergen	tinbergen	PROPN
gujaf-49	276	2	institute	institute	PROPN
gujaf-49	276	3	discussion	discussion	NOUN
gujaf-49	276	4	paper	paper	NOUN
gujaf-49	276	5	.	.	PUNCT
gujaf-49	277	1	ti	ti	NOUN
gujaf-49	277	2	2007	2007	NUM
gujaf-49	277	3	-	-	SYM
gujaf-49	277	4	034/2	034/2	NOUN
gujaf-49	277	5	.	.	PUNCT
gujaf-49	278	1	oehmichen	oehmichen	PROPN
gujaf-49	278	2	,	,	PUNCT
gujaf-49	278	3	j.	j.	PROPN
gujaf-49	278	4	,	,	PUNCT
gujaf-49	278	5	braun	braun	PROPN
gujaf-49	278	6	,	,	PUNCT
gujaf-49	278	7	d.	d.	PROPN
gujaf-49	278	8	,	,	PUNCT
gujaf-49	278	9	&	&	CCONJ
gujaf-49	278	10	wolff	wolff	PROPN
gujaf-49	278	11	,	,	PUNCT
gujaf-49	278	12	m.	m.	NOUN
gujaf-49	278	13	(	(	PUNCT
gujaf-49	278	14	2017	2017	NUM
gujaf-49	278	15	)	)	PUNCT
gujaf-49	278	16	.	.	PUNCT
gujaf-49	279	1	institutional	institutional	ADJ
gujaf-49	279	2	knowledge	knowledge	NOUN
gujaf-49	279	3	at	at	ADP
gujaf-49	279	4	singapore	singapore	PROPN
gujaf-49	279	5	management	management	PROPN
gujaf-49	279	6	university	university	PROPN
gujaf-49	279	7	when	when	SCONJ
gujaf-49	279	8	elites	elite	NOUN
gujaf-49	279	9	forget	forget	VERB
gujaf-49	279	10	their	their	PRON
gujaf-49	279	11	duties	duty	NOUN
gujaf-49	279	12	 	 	SPACE
gujaf-49	279	13	:	:	PUNCT
gujaf-49	279	14	the	the	DET
gujaf-49	279	15	double	double	ADJ
gujaf-49	279	16	-	-	PUNCT
gujaf-49	279	17	edged	edge	VERB
gujaf-49	279	18	sword	sword	NOUN
gujaf-49	279	19	of	of	ADP
gujaf-49	279	20	prestigious	prestigious	ADJ
gujaf-49	279	21	directors	director	NOUN
gujaf-49	279	22	on	on	ADP
gujaf-49	279	23	boards	board	NOUN
gujaf-49	279	24	when	when	SCONJ
gujaf-49	279	25	elites	elite	NOUN
gujaf-49	279	26	forget	forget	VERB
gujaf-49	279	27	their	their	PRON
gujaf-49	279	28	duties	duty	NOUN
gujaf-49	279	29	 	 	SPACE
gujaf-49	279	30	:	:	PUNCT
gujaf-49	279	31	the	the	DET
gujaf-49	279	32	double	double	ADJ
gujaf-49	279	33	-	-	PUNCT
gujaf-49	279	34	edged	edge	VERB
gujaf-49	279	35	sword	sword	NOUN
gujaf-49	279	36	of	of	ADP
gujaf-49	279	37	prestigious	prestigious	ADJ
gujaf-49	279	38	directors	director	NOUN
gujaf-49	279	39	on	on	ADP
gujaf-49	279	40	boards	board	NOUN
gujaf-49	279	41	jana	jana	PROPN
gujaf-49	279	42	oehmich	oehmich	PROPN
gujaf-49	279	43	.	.	PUNCT
gujaf-49	280	1	1050–1078	1050–1078	NUM
gujaf-49	280	2	.	.	PUNCT
gujaf-49	281	1	okpamen	okpaman	NOUN
gujaf-49	281	2	,	,	PUNCT
gujaf-49	281	3	p.	p.	PROPN
gujaf-49	281	4	,	,	PUNCT
gujaf-49	281	5	&	&	CCONJ
gujaf-49	281	6	ogbeide	ogbeide	ADJ
gujaf-49	281	7	,	,	PUNCT
gujaf-49	281	8	s.o	s.o	PROPN
gujaf-49	281	9	.	.	PROPN
gujaf-49	281	10	(	(	PUNCT
gujaf-49	281	11	2020	2020	NUM
gujaf-49	281	12	)	)	PUNCT
gujaf-49	281	13	.	.	PUNCT
gujaf-49	282	1	board	board	NOUN
gujaf-49	282	2	reputation	reputation	NOUN
gujaf-49	282	3	capital	capital	NOUN
gujaf-49	282	4	and	and	CCONJ
gujaf-49	282	5	financial	financial	ADJ
gujaf-49	282	6	performance	performance	NOUN
gujaf-49	282	7	of	of	ADP
gujaf-49	282	8	listed	list	VERB
gujaf-49	282	9	firms	firm	NOUN
gujaf-49	282	10	in	in	ADP
gujaf-49	282	11	nigeria	nigeria	PROPN
gujaf-49	282	12	.	.	PUNCT
gujaf-49	283	1	insights	insight	NOUN
gujaf-49	283	2	into	into	ADP
gujaf-49	283	3	regional	regional	ADJ
gujaf-49	283	4	development	development	NOUN
gujaf-49	283	5	,	,	PUNCT
gujaf-49	283	6	2(4	2(4	NUM
gujaf-49	283	7	)	)	PUNCT
gujaf-49	283	8	,	,	PUNCT
gujaf-49	283	9	750	750	NUM
gujaf-49	283	10	-	-	SYM
gujaf-49	283	11	758	758	NUM
gujaf-49	283	12	phan	phan	NOUN
gujaf-49	283	13	,	,	PUNCT
gujaf-49	283	14	p.	p.	PROPN
gujaf-49	283	15	h.	h.	PROPN
gujaf-49	283	16	,	,	PUNCT
gujaf-49	283	17	lee	lee	PROPN
gujaf-49	283	18	,	,	PUNCT
gujaf-49	283	19	s.	s.	PROPN
gujaf-49	283	20	h.	h.	PROPN
gujaf-49	283	21	,	,	PUNCT
gujaf-49	283	22	&	&	CCONJ
gujaf-49	283	23	lau	lau	PROPN
gujaf-49	283	24	,	,	PUNCT
gujaf-49	283	25	s.	s.	PROPN
gujaf-49	283	26	c.	c.	PROPN
gujaf-49	283	27	(	(	PUNCT
gujaf-49	283	28	2003	2003	NUM
gujaf-49	283	29	)	)	PUNCT
gujaf-49	283	30	.	.	PUNCT
gujaf-49	284	1	the	the	DET
gujaf-49	284	2	performance	performance	NOUN
gujaf-49	284	3	impact	impact	NOUN
gujaf-49	284	4	of	of	ADP
gujaf-49	284	5	interlocking	interlock	VERB
gujaf-49	284	6	directorates	directorate	NOUN
gujaf-49	284	7	:	:	PUNCT
gujaf-49	284	8	the	the	DET
gujaf-49	284	9	case	case	NOUN
gujaf-49	284	10	of	of	ADP
gujaf-49	284	11	singapore	singapore	PROPN
gujaf-49	284	12	.	.	PUNCT
gujaf-49	285	1	journal	journal	PROPN
gujaf-49	285	2	of	of	ADP
gujaf-49	285	3	managerial	managerial	ADJ
gujaf-49	285	4	issues	issue	NOUN
gujaf-49	285	5	,	,	PUNCT
gujaf-49	285	6	15	15	NUM
gujaf-49	285	7	:	:	SYM
gujaf-49	285	8	338	338	NUM
gujaf-49	285	9	-	-	SYM
gujaf-49	285	10	352	352	NUM
gujaf-49	285	11	pombo	pombo	NOUN
gujaf-49	285	12	,	,	PUNCT
gujaf-49	285	13	c.	c.	PROPN
gujaf-49	285	14	,	,	PUNCT
gujaf-49	285	15	&	&	CCONJ
gujaf-49	285	16	gutiérrez	gutiérrez	PROPN
gujaf-49	285	17	,	,	PUNCT
gujaf-49	285	18	l.	l.	PROPN
gujaf-49	285	19	h.	h.	PROPN
gujaf-49	285	20	(	(	PUNCT
gujaf-49	285	21	2011	2011	NUM
gujaf-49	285	22	)	)	PUNCT
gujaf-49	285	23	.	.	PUNCT
gujaf-49	286	1	outside	outside	ADJ
gujaf-49	286	2	directors	director	NOUN
gujaf-49	286	3	,	,	PUNCT
gujaf-49	286	4	board	board	NOUN
gujaf-49	286	5	interlocks	interlock	NOUN
gujaf-49	286	6	and	and	CCONJ
gujaf-49	286	7	firm	firm	ADJ
gujaf-49	286	8	performance	performance	NOUN
gujaf-49	286	9	:	:	PUNCT
gujaf-49	286	10	empirical	empirical	ADJ
gujaf-49	286	11	evidence	evidence	NOUN
gujaf-49	286	12	from	from	ADP
gujaf-49	286	13	colombian	colombian	ADJ
gujaf-49	286	14	business	business	NOUN
gujaf-49	286	15	groups	group	NOUN
gujaf-49	286	16	.	.	PUNCT
gujaf-49	287	1	journal	journal	PROPN
gujaf-49	287	2	of	of	ADP
gujaf-49	287	3	economics	economic	NOUN
gujaf-49	287	4	and	and	CCONJ
gujaf-49	287	5	business	business	NOUN
gujaf-49	287	6	,	,	PUNCT
gujaf-49	287	7	63	63	NUM
gujaf-49	287	8	,	,	PUNCT
gujaf-49	287	9	251–277	251–277	NUM
gujaf-49	287	10	.	.	PUNCT
gujaf-49	288	1	pombo	pombo	PROPN
gujaf-49	288	2	,	,	PUNCT
gujaf-49	288	3	c.	c.	PROPN
gujaf-49	288	4	,	,	PUNCT
gujaf-49	288	5	&	&	CCONJ
gujaf-49	288	6	gutierrez	gutierrez	PROPN
gujaf-49	288	7	,	,	PUNCT
gujaf-49	288	8	l.h	l.h	PROPN
gujaf-49	288	9	.	.	PROPN
gujaf-49	288	10	(	(	PUNCT
gujaf-49	288	11	2010	2010	NUM
gujaf-49	288	12	)	)	PUNCT
gujaf-49	288	13	.	.	PUNCT
gujaf-49	289	1	outside	outside	ADJ
gujaf-49	289	2	directors	director	NOUN
gujaf-49	289	3	,	,	PUNCT
gujaf-49	289	4	board	board	NOUN
gujaf-49	289	5	interlocks	interlock	NOUN
gujaf-49	289	6	and	and	CCONJ
gujaf-49	289	7	firm	firm	ADJ
gujaf-49	289	8	performance	performance	NOUN
gujaf-49	289	9	:	:	PUNCT
gujaf-49	289	10	empirical	empirical	ADJ
gujaf-49	289	11	evidence	evidence	NOUN
gujaf-49	289	12	from	from	ADP
gujaf-49	289	13	colombian	colombian	ADJ
gujaf-49	289	14	business	business	NOUN
gujaf-49	289	15	groups	group	NOUN
gujaf-49	289	16	.	.	PUNCT
gujaf-49	290	1	journal	journal	PROPN
gujaf-49	290	2	of	of	ADP
gujaf-49	290	3	business	business	NOUN
gujaf-49	290	4	management	management	NOUN
gujaf-49	290	5	,	,	PUNCT
gujaf-49	290	6	7(3	7(3	NUM
gujaf-49	290	7	)	)	PUNCT
gujaf-49	290	8	,	,	PUNCT
gujaf-49	290	9	12	12	NUM
gujaf-49	290	10	-	-	SYM
gujaf-49	290	11	36	36	NUM
gujaf-49	290	12	.	.	PUNCT
gujaf-49	291	1	gusau	gusau	PROPN
gujaf-49	291	2	journal	journal	PROPN
gujaf-49	291	3	of	of	ADP
gujaf-49	291	4	accounting	accounting	NOUN
gujaf-49	291	5	and	and	CCONJ
gujaf-49	291	6	finance	finance	NOUN
gujaf-49	291	7	,	,	PUNCT
gujaf-49	291	8	vol	vol	NOUN
gujaf-49	291	9	.	.	PROPN
gujaf-49	291	10	2	2	NUM
gujaf-49	291	11	,	,	PUNCT
gujaf-49	291	12	issue	issue	NOUN
gujaf-49	291	13	1	1	NUM
gujaf-49	291	14	,	,	PUNCT
gujaf-49	291	15	april	april	PROPN
gujaf-49	291	16	,	,	PUNCT
gujaf-49	291	17	2021	2021	NUM
gujaf-49	291	18	13	13	NUM
gujaf-49	291	19	pye	pye	NOUN
gujaf-49	291	20	,	,	PUNCT
gujaf-49	291	21	a.	a.	PROPN
gujaf-49	291	22	,	,	PUNCT
gujaf-49	291	23	kaczmarek	kaczmarek	PROPN
gujaf-49	291	24	,	,	PUNCT
gujaf-49	291	25	s.	s.	PROPN
gujaf-49	291	26	,	,	PUNCT
gujaf-49	291	27	&	&	CCONJ
gujaf-49	291	28	satomi	satomi	PROPN
gujaf-49	291	29	,	,	PUNCT
gujaf-49	291	30	k.	k.	PROPN
gujaf-49	291	31	(	(	PUNCT
gujaf-49	291	32	2015	2015	NUM
gujaf-49	291	33	)	)	PUNCT
gujaf-49	291	34	.	.	PUNCT
gujaf-49	292	1	interlocking	interlock	VERB
gujaf-49	292	2	directorship	directorship	NOUN
gujaf-49	292	3	and	and	CCONJ
gujaf-49	292	4	firm	firm	ADJ
gujaf-49	292	5	performance	performance	NOUN
gujaf-49	292	6	in	in	ADP
gujaf-49	292	7	highly	highly	ADV
gujaf-49	292	8	regulated	regulated	ADJ
gujaf-49	292	9	sectors	sector	NOUN
gujaf-49	292	10	:	:	PUNCT
gujaf-49	292	11	the	the	DET
gujaf-49	292	12	moderating	moderate	VERB
gujaf-49	292	13	impact	impact	NOUN
gujaf-49	292	14	of	of	ADP
gujaf-49	292	15	board	board	NOUN
gujaf-49	292	16	diversity	diversity	NOUN
gujaf-49	292	17	.	.	PUNCT
gujaf-49	293	1	journal	journal	PROPN
gujaf-49	293	2	of	of	ADP
gujaf-49	293	3	management	management	NOUN
gujaf-49	293	4	and	and	CCONJ
gujaf-49	293	5	governance	governance	NOUN
gujaf-49	293	6	,	,	PUNCT
gujaf-49	293	7	18(2	18(2	NUM
gujaf-49	293	8	)	)	PUNCT
gujaf-49	293	9	,	,	PUNCT
gujaf-49	293	10	347	347	NUM
gujaf-49	293	11	-	-	SYM
gujaf-49	293	12	372	372	NUM
gujaf-49	293	13	.	.	PUNCT
gujaf-49	294	1	richardson	richardson	PROPN
gujaf-49	294	2	,	,	PUNCT
gujaf-49	294	3	r.j	r.j	PROPN
gujaf-49	294	4	.	.	PROPN
gujaf-49	294	5	(	(	PUNCT
gujaf-49	294	6	1987	1987	NUM
gujaf-49	294	7	)	)	PUNCT
gujaf-49	294	8	.	.	PUNCT
gujaf-49	295	1	directorship	directorship	NOUN
gujaf-49	295	2	interlocks	interlock	NOUN
gujaf-49	295	3	and	and	CCONJ
gujaf-49	295	4	corporate	corporate	ADJ
gujaf-49	295	5	profitability	profitability	NOUN
gujaf-49	295	6	.	.	PUNCT
gujaf-49	296	1	administrative	administrative	ADJ
gujaf-49	296	2	science	science	PROPN
gujaf-49	296	3	quarterly	quarterly	ADV
gujaf-49	296	4	,	,	PUNCT
gujaf-49	296	5	32(3	32(3	NUM
gujaf-49	296	6	)	)	PUNCT
gujaf-49	296	7	,	,	PUNCT
gujaf-49	296	8	367	367	NUM
gujaf-49	296	9	-	-	SYM
gujaf-49	296	10	386	386	NUM
gujaf-49	296	11	.	.	PUNCT
gujaf-49	297	1	rossi	rossi	PROPN
gujaf-49	297	2	,	,	PUNCT
gujaf-49	297	3	m.	m.	NOUN
gujaf-49	297	4	,	,	PUNCT
gujaf-49	297	5	nerino	nerino	PROPN
gujaf-49	297	6	,	,	PUNCT
gujaf-49	297	7	m.	m.	NOUN
gujaf-49	297	8	,	,	PUNCT
gujaf-49	297	9	&	&	CCONJ
gujaf-49	297	10	capasso	capasso	PROPN
gujaf-49	297	11	,	,	PUNCT
gujaf-49	297	12	a.	a.	NOUN
gujaf-49	297	13	(	(	PUNCT
gujaf-49	297	14	2015	2015	NUM
gujaf-49	297	15	)	)	PUNCT
gujaf-49	297	16	.	.	PUNCT
gujaf-49	298	1	corporate	corporate	ADJ
gujaf-49	298	2	governance	governance	NOUN
gujaf-49	298	3	and	and	CCONJ
gujaf-49	298	4	financial	financial	ADJ
gujaf-49	298	5	performance	performance	NOUN
gujaf-49	298	6	of	of	ADP
gujaf-49	298	7	italian	italian	ADJ
gujaf-49	298	8	listed	list	VERB
gujaf-49	298	9	firms	firm	NOUN
gujaf-49	298	10	.	.	PUNCT
gujaf-49	299	1	the	the	DET
gujaf-49	299	2	results	result	NOUN
gujaf-49	299	3	of	of	ADP
gujaf-49	299	4	an	an	DET
gujaf-49	299	5	empirical	empirical	ADJ
gujaf-49	299	6	research	research	NOUN
gujaf-49	299	7	.	.	PUNCT
gujaf-49	300	1	corporate	corporate	ADJ
gujaf-49	300	2	control	control	NOUN
gujaf-49	300	3	and	and	CCONJ
gujaf-49	300	4	ownership	ownership	NOUN
gujaf-49	300	5	,	,	PUNCT
gujaf-49	300	6	12(2	12(2	NUM
gujaf-49	300	7	)	)	PUNCT
gujaf-49	300	8	,	,	PUNCT
gujaf-49	300	9	628	628	NUM
gujaf-49	300	10	-	-	SYM
gujaf-49	300	11	643	643	NUM
gujaf-49	300	12	.	.	PUNCT
gujaf-49	300	13	sarkar	sarkar	PROPN
gujaf-49	300	14	,	,	PUNCT
gujaf-49	300	15	d.	d.	PROPN
gujaf-49	300	16	,	,	PUNCT
gujaf-49	300	17	&	&	CCONJ
gujaf-49	300	18	sarkar	sarkar	PROPN
gujaf-49	300	19	,	,	PUNCT
gujaf-49	300	20	j.	j.	PROPN
gujaf-49	300	21	(	(	PUNCT
gujaf-49	300	22	2009	2009	NUM
gujaf-49	300	23	)	)	PUNCT
gujaf-49	300	24	.	.	PUNCT
gujaf-49	301	1	meta	meta	ADJ
gujaf-49	301	2	-	-	PUNCT
gujaf-49	301	3	analytic	analytic	ADJ
gujaf-49	301	4	review	review	NOUN
gujaf-49	301	5	of	of	ADP
gujaf-49	301	6	board	board	NOUN
gujaf-49	301	7	composition	composition	NOUN
gujaf-49	301	8	,	,	PUNCT
gujaf-49	301	9	leadership	leadership	NOUN
gujaf-49	301	10	structure	structure	NOUN
gujaf-49	301	11	,	,	PUNCT
gujaf-49	301	12	and	and	CCONJ
gujaf-49	301	13	financial	financial	ADJ
gujaf-49	301	14	performance	performance	NOUN
gujaf-49	301	15	.	.	PUNCT
gujaf-49	302	1	strategic	strategic	ADJ
gujaf-49	302	2	management	management	NOUN
gujaf-49	302	3	journal	journal	NOUN
gujaf-49	302	4	,	,	PUNCT
gujaf-49	302	5	19	19	NUM
gujaf-49	302	6	,	,	PUNCT
gujaf-49	302	7	269	269	NUM
gujaf-49	302	8	-	-	SYM
gujaf-49	302	9	290	290	NUM
gujaf-49	302	10	.	.	PUNCT
gujaf-49	302	11	shropshire	shropshire	NOUN
gujaf-49	302	12	,	,	PUNCT
gujaf-49	302	13	c.	c.	PROPN
gujaf-49	302	14	(	(	PUNCT
gujaf-49	302	15	2010	2010	NUM
gujaf-49	302	16	)	)	PUNCT
gujaf-49	302	17	.	.	PUNCT
gujaf-49	303	1	the	the	DET
gujaf-49	303	2	role	role	NOUN
gujaf-49	303	3	of	of	ADP
gujaf-49	303	4	the	the	DET
gujaf-49	303	5	interlocking	interlock	VERB
gujaf-49	303	6	director	director	NOUN
gujaf-49	303	7	and	and	CCONJ
gujaf-49	303	8	board	board	NOUN
gujaf-49	303	9	receptivity	receptivity	NOUN
gujaf-49	303	10	in	in	ADP
gujaf-49	303	11	the	the	DET
gujaf-49	303	12	diffusion	diffusion	NOUN
gujaf-49	303	13	of	of	ADP
gujaf-49	303	14	practices	practice	NOUN
gujaf-49	303	15	.	.	PUNCT
gujaf-49	304	1	academy	academy	PROPN
gujaf-49	304	2	of	of	ADP
gujaf-49	304	3	management	management	PROPN
gujaf-49	304	4	review	review	NOUN
gujaf-49	304	5	,	,	PUNCT
gujaf-49	304	6	35	35	NUM
gujaf-49	304	7	,	,	PUNCT
gujaf-49	304	8	246–264	246–264	NUM
gujaf-49	304	9	.	.	PUNCT
gujaf-49	305	1	terjesen	terjesen	PROPN
gujaf-49	305	2	,	,	PUNCT
gujaf-49	305	3	s.	s.	PROPN
gujaf-49	305	4	,	,	PUNCT
gujaf-49	305	5	barbosa	barbosa	PROPN
gujaf-49	305	6	,	,	PUNCT
gujaf-49	305	7	e.	e.	PROPN
gujaf-49	305	8	c.	c.	PROPN
gujaf-49	305	9	,	,	PUNCT
gujaf-49	305	10	francisco	francisco	PROPN
gujaf-49	305	11	,	,	PUNCT
gujaf-49	305	12	p.m.	p.m.	NOUN
gujaf-49	305	13	(	(	PUNCT
gujaf-49	305	14	2016	2016	NUM
gujaf-49	305	15	)	)	PUNCT
gujaf-49	305	16	.	.	PUNCT
gujaf-49	306	1	does	do	VERB
gujaf-49	306	2	the	the	DET
gujaf-49	306	3	presence	presence	NOUN
gujaf-49	306	4	of	of	ADP
gujaf-49	306	5	independent	independent	ADJ
gujaf-49	306	6	and	and	CCONJ
gujaf-49	306	7	female	female	ADJ
gujaf-49	306	8	director	director	NOUN
gujaf-49	306	9	’s	’s	PART
gujaf-49	306	10	impact	impact	NOUN
gujaf-49	306	11	firm	firm	ADJ
gujaf-49	306	12	performance	performance	NOUN
gujaf-49	306	13	?	?	PUNCT
gujaf-49	307	1	a	a	DET
gujaf-49	307	2	multicountry	multicountry	NOUN
gujaf-49	307	3	study	study	NOUN
gujaf-49	307	4	of	of	ADP
gujaf-49	307	5	board	board	NOUN
gujaf-49	307	6	diversity	diversity	NOUN
gujaf-49	307	7	.	.	PUNCT
gujaf-49	308	1	journal	journal	PROPN
gujaf-49	308	2	of	of	ADP
gujaf-49	308	3	management	management	NOUN
gujaf-49	308	4	&	&	CCONJ
gujaf-49	308	5	governance	governance	NOUN
gujaf-49	308	6	,	,	PUNCT
gujaf-49	308	7	20	20	NUM
gujaf-49	308	8	,	,	PUNCT
gujaf-49	308	9	447	447	NUM
gujaf-49	308	10	-	-	SYM
gujaf-49	308	11	483	483	NUM
gujaf-49	308	12	.	.	PUNCT
gujaf-49	309	1	doi10.1007	doi10.1007	PROPN
gujaf-49	309	2	/	/	SYM
gujaf-49	309	3	s10997	s10997	NOUN
gujaf-49	309	4	-	-	PUNCT
gujaf-49	309	5	014	014	NUM
gujaf-49	309	6	-	-	PUNCT
gujaf-49	309	7	9307	9307	NUM
gujaf-49	309	8	-	-	SYM
gujaf-49	309	9	8	8	NUM
gujaf-49	309	10	.	.	PUNCT
gujaf-49	310	1	watkins	watkin	NOUN
gujaf-49	310	2	-	-	PUNCT
gujaf-49	310	3	fassler	fassler	NOUN
gujaf-49	310	4	,	,	PUNCT
gujaf-49	310	5	k.	k.	PROPN
gujaf-49	310	6	,	,	PUNCT
gujaf-49	310	7	fernander	fernander	NOUN
gujaf-49	310	8	-	-	PUNCT
gujaf-49	310	9	perez	perez	PROPN
gujaf-49	310	10	,	,	PUNCT
gujaf-49	310	11	v.	v.	PROPN
gujaf-49	310	12	,	,	PUNCT
gujaf-49	310	13	&	&	CCONJ
gujaf-49	310	14	rodriquez	rodriquez	PROPN
gujaf-49	310	15	-	-	PUNCT
gujaf-49	310	16	arizo	arizo	PROPN
gujaf-49	310	17	,	,	PUNCT
gujaf-49	310	18	l.	l.	PROPN
gujaf-49	310	19	(	(	PUNCT
gujaf-49	310	20	2016	2016	NUM
gujaf-49	310	21	)	)	PUNCT
gujaf-49	310	22	.	.	PUNCT
gujaf-49	311	1	president	president	PROPN
gujaf-49	311	2	interlocking	interlocking	PROPN
gujaf-49	311	3	,	,	PUNCT
gujaf-49	311	4	family	family	NOUN
gujaf-49	311	5	firms	firm	NOUN
gujaf-49	311	6	and	and	CCONJ
gujaf-49	311	7	performance	performance	NOUN
gujaf-49	311	8	during	during	ADP
gujaf-49	311	9	turbulent	turbulent	ADJ
gujaf-49	311	10	times	time	NOUN
gujaf-49	311	11	:	:	PUNCT
gujaf-49	311	12	evidence	evidence	NOUN
gujaf-49	311	13	from	from	ADP
gujaf-49	311	14	latin	latin	PROPN
gujaf-49	311	15	america	america	PROPN
gujaf-49	311	16	european	european	PROPN
gujaf-49	311	17	journal	journal	PROPN
gujaf-49	311	18	of	of	ADP
gujaf-49	311	19	family	family	NOUN
gujaf-49	311	20	business	business	NOUN
gujaf-49	311	21	,	,	PUNCT
gujaf-49	311	22	30(7	30(7	NUM
gujaf-49	311	23	)	)	PUNCT
gujaf-49	311	24	,	,	PUNCT
gujaf-49	311	25	1	1	NUM
gujaf-49	311	26	-	-	SYM
gujaf-49	311	27	12	12	NUM
gujaf-49	311	28	.	.	PUNCT
gujaf-49	311	29	westphal	westphal	PROPN
gujaf-49	311	30	,	,	PUNCT
gujaf-49	311	31	j.	j.	PROPN
gujaf-49	311	32	d.	d.	PROPN
gujaf-49	311	33	,	,	PUNCT
gujaf-49	311	34	&	&	CCONJ
gujaf-49	311	35	stern	stern	PROPN
gujaf-49	311	36	,	,	PUNCT
gujaf-49	311	37	i.	i.	NOUN
gujaf-49	311	38	(	(	PUNCT
gujaf-49	311	39	2006	2006	NUM
gujaf-49	311	40	)	)	PUNCT
gujaf-49	311	41	.	.	PUNCT
gujaf-49	312	1	the	the	DET
gujaf-49	312	2	other	other	ADJ
gujaf-49	312	3	pathway	pathway	NOUN
gujaf-49	312	4	to	to	ADP
gujaf-49	312	5	the	the	DET
gujaf-49	312	6	boardroom	boardroom	NOUN
gujaf-49	312	7	:	:	PUNCT
gujaf-49	312	8	interpersonal	interpersonal	ADJ
gujaf-49	312	9	influence	influence	NOUN
gujaf-49	312	10	behavior	behavior	NOUN
gujaf-49	312	11	as	as	ADP
gujaf-49	312	12	a	a	DET
gujaf-49	312	13	substitute	substitute	NOUN
gujaf-49	312	14	for	for	ADP
gujaf-49	312	15	elite	elite	ADJ
gujaf-49	312	16	credentials	credential	NOUN
gujaf-49	312	17	and	and	CCONJ
gujaf-49	312	18	majority	majority	NOUN
gujaf-49	312	19	status	status	NOUN
gujaf-49	312	20	in	in	ADP
gujaf-49	312	21	obtaining	obtain	VERB
gujaf-49	312	22	board	board	NOUN
gujaf-49	312	23	appointments	appointment	NOUN
gujaf-49	312	24	.	.	PUNCT
gujaf-49	313	1	administrative	administrative	ADJ
gujaf-49	313	2	science	science	PROPN
gujaf-49	313	3	quarterly	quarterly	ADV
gujaf-49	313	4	,	,	PUNCT
gujaf-49	313	5	51	51	NUM
gujaf-49	313	6	:	:	SYM
gujaf-49	313	7	169	169	NUM
gujaf-49	313	8	-	-	SYM
gujaf-49	313	9	204	204	NUM
gujaf-49	313	10	.	.	PUNCT
gujaf-49	314	1	westphal	westphal	PROPN
gujaf-49	314	2	,	,	PUNCT
gujaf-49	314	3	j.	j.	PROPN
gujaf-49	314	4	d.	d.	PROPN
gujaf-49	314	5	,	,	PUNCT
gujaf-49	314	6	seidel	seidel	PROPN
gujaf-49	314	7	,	,	PUNCT
gujaf-49	314	8	m	m	PROPN
gujaf-49	314	9	-	-	PROPN
gujaf-49	314	10	d.	d.	PROPN
gujaf-49	314	11	l.	l.	PROPN
gujaf-49	314	12	,	,	PUNCT
gujaf-49	314	13	&	&	CCONJ
gujaf-49	314	14	stewart	stewart	PROPN
gujaf-49	314	15	,	,	PUNCT
gujaf-49	314	16	k.j.(2001	k.j.(2001	PROPN
gujaf-49	314	17	)	)	PUNCT
gujaf-49	314	18	.	.	PUNCT
gujaf-49	315	1	second	second	ADJ
gujaf-49	315	2	-	-	PUNCT
gujaf-49	315	3	order	order	NOUN
gujaf-49	315	4	imitation	imitation	NOUN
gujaf-49	315	5	:	:	PUNCT
gujaf-49	315	6	uncovering	uncover	VERB
gujaf-49	315	7	latent	latent	ADJ
gujaf-49	315	8	effects	effect	NOUN
gujaf-49	315	9	of	of	ADP
gujaf-49	315	10	board	board	NOUN
gujaf-49	315	11	network	network	NOUN
gujaf-49	315	12	ties	tie	NOUN
gujaf-49	315	13	.	.	PUNCT
gujaf-49	316	1	administrative	administrative	ADJ
gujaf-49	316	2	science	science	PROPN
gujaf-49	316	3	quarterly	quarterly	ADV
gujaf-49	316	4	,	,	PUNCT
gujaf-49	316	5	46	46	NUM
gujaf-49	316	6	,	,	PUNCT
gujaf-49	316	7	717–743	717–743	NUM
gujaf-49	316	8	yatim	yatim	NOUN
gujaf-49	316	9	,	,	PUNCT
gujaf-49	316	10	p.	p.	NOUN
gujaf-49	316	11	,	,	PUNCT
gujaf-49	316	12	mohd	mohd	PROPN
gujaf-49	316	13	,	,	PUNCT
gujaf-49	316	14	t.	t.	PROPN
gujaf-49	316	15	,	,	PUNCT
gujaf-49	316	16	elsie	elsie	PROPN
gujaf-49	316	17	,	,	PUNCT
gujaf-49	316	18	i.	i.	PROPN
gujaf-49	316	19	,	,	PUNCT
gujaf-49	316	20	iskandar	iskandar	PROPN
gujaf-49	316	21	,	,	PUNCT
gujaf-49	316	22	t.	t.	NOUN
gujaf-49	316	23	m.	m.	NOUN
gujaf-49	316	24	,	,	PUNCT
gujaf-49	316	25	&	&	CCONJ
gujaf-49	316	26	nga	nga	PROPN
gujaf-49	316	27	,	,	PUNCT
gujaf-49	316	28	e.	e.	PROPN
gujaf-49	316	29	(	(	PUNCT
gujaf-49	316	30	2016	2016	NUM
gujaf-49	316	31	)	)	PUNCT
gujaf-49	316	32	.	.	PUNCT
gujaf-49	317	1	board	board	NOUN
gujaf-49	317	2	attributes	attribute	NOUN
gujaf-49	317	3	and	and	CCONJ
gujaf-49	317	4	foreign	foreign	ADJ
gujaf-49	317	5	shareholdings	shareholding	NOUN
gujaf-49	317	6	in	in	ADP
gujaf-49	317	7	malaysian	malaysian	ADJ
gujaf-49	317	8	listed	list	VERB
gujaf-49	317	9	firms	firm	NOUN
gujaf-49	317	10	.	.	PUNCT
gujaf-49	318	1	journal	journal	PROPN
gujaf-49	318	2	of	of	ADP
gujaf-49	318	3	management	management	NOUN
gujaf-49	318	4	and	and	CCONJ
gujaf-49	318	5	governance	governance	NOUN
gujaf-49	318	6	,	,	PUNCT
gujaf-49	318	7	20(1	20(1	NUM
gujaf-49	318	8	)	)	PUNCT
gujaf-49	318	9	,	,	PUNCT
gujaf-49	318	10	147–178	147–178	NUM
gujaf-49	318	11	.	.	PUNCT
gujaf-49	319	1	zona	zona	PROPN
gujaf-49	319	2	,	,	PUNCT
gujaf-49	319	3	f.	f.	PROPN
gujaf-49	319	4	,	,	PUNCT
gujaf-49	319	5	&	&	CCONJ
gujaf-49	319	6	gomez	gomez	PROPN
gujaf-49	319	7	-	-	PUNCT
gujaf-49	319	8	mejia	mejia	PROPN
gujaf-49	319	9	,	,	PUNCT
gujaf-49	319	10	l.r	l.r	PROPN
gujaf-49	319	11	.	.	PROPN
gujaf-49	319	12	(	(	PUNCT
gujaf-49	319	13	2015	2015	NUM
gujaf-49	319	14	)	)	PUNCT
gujaf-49	319	15	.	.	PUNCT
gujaf-49	320	1	board	board	NOUN
gujaf-49	320	2	interlocks	interlock	NOUN
gujaf-49	320	3	and	and	CCONJ
gujaf-49	320	4	firm	firm	ADJ
gujaf-49	320	5	performance	performance	NOUN
gujaf-49	320	6	:	:	PUNCT
gujaf-49	320	7	toward	toward	ADP
gujaf-49	320	8	a	a	DET
gujaf-49	320	9	combined	combined	ADJ
gujaf-49	320	10	agency	agency	NOUN
gujaf-49	320	11	–	–	PUNCT
gujaf-49	320	12	resource	resource	NOUN
gujaf-49	320	13	dependence	dependence	NOUN
gujaf-49	320	14	perspective	perspective	NOUN
gujaf-49	320	15	.	.	PUNCT
gujaf-49	321	1	journal	journal	PROPN
gujaf-49	321	2	of	of	ADP
gujaf-49	321	3	management	management	NOUN
gujaf-49	321	4	,	,	PUNCT
gujaf-49	321	5	20(5	20(5	NOUN
gujaf-49	321	6	)	)	PUNCT
gujaf-49	321	7	,	,	PUNCT
gujaf-49	321	8	1	1	NUM
gujaf-49	321	9	-	-	SYM
gujaf-49	321	10	30	30	NUM
gujaf-49	321	11	.	.	PUNCT
gujaf-49	322	1	gusau	gusau	PROPN
gujaf-49	322	2	journal	journal	PROPN
gujaf-49	322	3	of	of	ADP
gujaf-49	322	4	accounting	accounting	NOUN
gujaf-49	322	5	and	and	CCONJ
gujaf-49	322	6	finance	finance	NOUN
gujaf-49	322	7	,	,	PUNCT
gujaf-49	322	8	vol	vol	NOUN
gujaf-49	322	9	.	.	PROPN
gujaf-49	322	10	2	2	NUM
gujaf-49	322	11	,	,	PUNCT
gujaf-49	322	12	issue	issue	NOUN
gujaf-49	322	13	1	1	NUM
gujaf-49	322	14	,	,	PUNCT
gujaf-49	322	15	april	april	PROPN
gujaf-49	322	16	,	,	PUNCT
gujaf-49	322	17	2021	2021	NUM
gujaf-49	322	18	14	14	NUM