id	sid	tid	token	lemma	pos
gujaf-55	1	1	gusau	gusau	PROPN
gujaf-55	1	2	journal	journal	NOUN
gujaf-55	1	3	of	of	ADP
gujaf-55	1	4	accounting	accounting	NOUN
gujaf-55	1	5	and	and	CCONJ
gujaf-55	1	6	finance	finance	NOUN
gujaf-55	1	7	,	,	PUNCT
gujaf-55	1	8	vol	vol	NOUN
gujaf-55	1	9	.	.	PROPN
gujaf-55	1	10	2	2	NUM
gujaf-55	1	11	,	,	PUNCT
gujaf-55	1	12	issue	issue	NOUN
gujaf-55	1	13	1	1	NUM
gujaf-55	1	14	,	,	PUNCT
gujaf-55	1	15	april	april	PROPN
gujaf-55	1	16	,	,	PUNCT
gujaf-55	1	17	2021	2021	NUM
gujaf-55	1	18	1	1	NUM
gujaf-55	1	19	gusau	gusau	ADJ
gujaf-55	1	20	journal	journal	NOUN
gujaf-55	1	21	of	of	ADP
gujaf-55	1	22	accounting	accounting	NOUN
gujaf-55	1	23	and	and	CCONJ
gujaf-55	1	24	finance	finance	NOUN
gujaf-55	1	25	(	(	PUNCT
gujaf-55	1	26	gujaf	gujaf	NOUN
gujaf-55	1	27	)	)	PUNCT
gujaf-55	1	28	vol	vol	NOUN
gujaf-55	1	29	.	.	NOUN
gujaf-55	1	30	2	2	NUM
gujaf-55	1	31	issue	issue	NOUN
gujaf-55	1	32	1	1	NUM
gujaf-55	1	33	,	,	PUNCT
gujaf-55	1	34	april	april	PROPN
gujaf-55	1	35	,	,	PUNCT
gujaf-55	1	36	2021	2021	NUM
gujaf-55	1	37	issn	issn	X
gujaf-55	1	38	:	:	PUNCT
gujaf-55	1	39	2756	2756	NUM
gujaf-55	1	40	-	-	PUNCT
gujaf-55	1	41	665x	665x	NOUN
gujaf-55	1	42	a	a	DET
gujaf-55	1	43	publication	publication	NOUN
gujaf-55	1	44	of	of	ADP
gujaf-55	1	45	department	department	NOUN
gujaf-55	1	46	of	of	ADP
gujaf-55	1	47	accounting	accounting	NOUN
gujaf-55	1	48	and	and	CCONJ
gujaf-55	1	49	finance	finance	NOUN
gujaf-55	1	50	,	,	PUNCT
gujaf-55	1	51	faculty	faculty	NOUN
gujaf-55	1	52	of	of	ADP
gujaf-55	1	53	management	management	NOUN
gujaf-55	1	54	and	and	CCONJ
gujaf-55	1	55	social	social	ADJ
gujaf-55	1	56	sciences	science	NOUN
gujaf-55	1	57	,	,	PUNCT
gujaf-55	1	58	federal	federal	ADJ
gujaf-55	1	59	university	university	NOUN
gujaf-55	1	60	gusau	gusau	NOUN
gujaf-55	1	61	,	,	PUNCT
gujaf-55	1	62	zamfara	zamfara	PROPN
gujaf-55	1	63	state	state	PROPN
gujaf-55	1	64	–	–	PUNCT
gujaf-55	1	65	nigeria	nigeria	PROPN
gujaf-55	1	66	gusau	gusau	PROPN
gujaf-55	1	67	journal	journal	PROPN
gujaf-55	1	68	of	of	ADP
gujaf-55	1	69	accounting	accounting	NOUN
gujaf-55	1	70	and	and	CCONJ
gujaf-55	1	71	finance	finance	NOUN
gujaf-55	1	72	,	,	PUNCT
gujaf-55	1	73	vol	vol	NOUN
gujaf-55	1	74	.	.	PROPN
gujaf-55	1	75	2	2	NUM
gujaf-55	1	76	,	,	PUNCT
gujaf-55	1	77	issue	issue	NOUN
gujaf-55	1	78	1	1	NUM
gujaf-55	1	79	,	,	PUNCT
gujaf-55	1	80	april	april	PROPN
gujaf-55	1	81	,	,	PUNCT
gujaf-55	1	82	2021	2021	NUM
gujaf-55	1	83	2	2	NUM
gujaf-55	1	84	liquidity	liquidity	NOUN
gujaf-55	1	85	and	and	CCONJ
gujaf-55	1	86	capital	capital	NOUN
gujaf-55	1	87	structure	structure	NOUN
gujaf-55	1	88	of	of	ADP
gujaf-55	1	89	listed	list	VERB
gujaf-55	1	90	oil	oil	NOUN
gujaf-55	1	91	and	and	CCONJ
gujaf-55	1	92	gas	gas	NOUN
gujaf-55	1	93	companies	company	NOUN
gujaf-55	1	94	in	in	ADP
gujaf-55	1	95	nigeria	nigeria	PROPN
gujaf-55	1	96	hadiza	hadiza	PROPN
gujaf-55	1	97	umar	umar	PROPN
gujaf-55	1	98	department	department	PROPN
gujaf-55	1	99	of	of	ADP
gujaf-55	1	100	entrepreneurship	entrepreneurship	NOUN
gujaf-55	1	101	technology	technology	NOUN
gujaf-55	1	102	school	school	NOUN
gujaf-55	1	103	of	of	ADP
gujaf-55	1	104	innovative	innovative	ADJ
gujaf-55	1	105	technology	technology	NOUN
gujaf-55	1	106	federal	federal	PROPN
gujaf-55	1	107	university	university	PROPN
gujaf-55	1	108	of	of	ADP
gujaf-55	1	109	technology	technology	NOUN
gujaf-55	1	110	,	,	PUNCT
gujaf-55	1	111	minna	minna	NOUN
gujaf-55	1	112	.	.	PUNCT
gujaf-55	2	1	uhadiza0083@gmail.com	uhadiza0083@gmail.com	PROPN
gujaf-55	3	1	abdulrahman	abdulrahman	PROPN
gujaf-55	3	2	abubakar	abubakar	PROPN
gujaf-55	3	3	department	department	PROPN
gujaf-55	3	4	of	of	ADP
gujaf-55	3	5	accounting	accounting	PROPN
gujaf-55	3	6	,	,	PUNCT
gujaf-55	3	7	abu	abu	PROPN
gujaf-55	3	8	business	business	PROPN
gujaf-55	3	9	school	school	PROPN
gujaf-55	3	10	ahmadu	ahmadu	PROPN
gujaf-55	3	11	bello	bello	PROPN
gujaf-55	3	12	university	university	PROPN
gujaf-55	3	13	,	,	PUNCT
gujaf-55	3	14	zaria	zaria	PROPN
gujaf-55	3	15	.	.	PUNCT
gujaf-55	4	1	abtsauni@yahoo.com	abtsauni@yahoo.com	X
gujaf-55	5	1	abstract	abstract	ADJ
gujaf-55	5	2	this	this	DET
gujaf-55	5	3	paper	paper	NOUN
gujaf-55	5	4	examined	examine	VERB
gujaf-55	5	5	the	the	DET
gujaf-55	5	6	effect	effect	NOUN
gujaf-55	5	7	of	of	ADP
gujaf-55	5	8	liquidity	liquidity	NOUN
gujaf-55	5	9	on	on	ADP
gujaf-55	5	10	the	the	DET
gujaf-55	5	11	capital	capital	NOUN
gujaf-55	5	12	structure	structure	NOUN
gujaf-55	5	13	of	of	ADP
gujaf-55	5	14	listed	list	VERB
gujaf-55	5	15	oil	oil	NOUN
gujaf-55	5	16	and	and	CCONJ
gujaf-55	5	17	gas	gas	NOUN
gujaf-55	5	18	companies	company	NOUN
gujaf-55	5	19	in	in	ADP
gujaf-55	5	20	nigeria	nigeria	PROPN
gujaf-55	5	21	for	for	ADP
gujaf-55	5	22	the	the	DET
gujaf-55	5	23	period	period	NOUN
gujaf-55	5	24	2006	2006	NUM
gujaf-55	5	25	-	-	SYM
gujaf-55	5	26	2016	2016	NUM
gujaf-55	5	27	.	.	PUNCT
gujaf-55	6	1	the	the	DET
gujaf-55	6	2	population	population	NOUN
gujaf-55	6	3	of	of	ADP
gujaf-55	6	4	the	the	DET
gujaf-55	6	5	study	study	NOUN
gujaf-55	6	6	is	be	AUX
gujaf-55	6	7	ten	ten	NUM
gujaf-55	6	8	(	(	PUNCT
gujaf-55	6	9	10	10	NUM
gujaf-55	6	10	)	)	PUNCT
gujaf-55	6	11	oil	oil	NOUN
gujaf-55	6	12	and	and	CCONJ
gujaf-55	6	13	gas	gas	NOUN
gujaf-55	6	14	companies	company	NOUN
gujaf-55	6	15	listed	list	VERB
gujaf-55	6	16	on	on	ADP
gujaf-55	6	17	the	the	DET
gujaf-55	6	18	nigeria	nigeria	PROPN
gujaf-55	6	19	stock	stock	PROPN
gujaf-55	6	20	exchange	exchange	PROPN
gujaf-55	6	21	(	(	PUNCT
gujaf-55	6	22	nse	nse	NOUN
gujaf-55	6	23	)	)	PUNCT
gujaf-55	6	24	out	out	ADP
gujaf-55	6	25	of	of	ADP
gujaf-55	6	26	which	which	PRON
gujaf-55	6	27	eight	eight	NUM
gujaf-55	6	28	(	(	PUNCT
gujaf-55	6	29	8)	8)	NUM
gujaf-55	6	30	was	be	AUX
gujaf-55	6	31	used	use	VERB
gujaf-55	6	32	for	for	ADP
gujaf-55	6	33	the	the	DET
gujaf-55	6	34	study	study	NOUN
gujaf-55	6	35	.	.	PUNCT
gujaf-55	7	1	linear	linear	ADJ
gujaf-55	7	2	regression	regression	NOUN
gujaf-55	7	3	technique	technique	NOUN
gujaf-55	7	4	using	use	VERB
gujaf-55	7	5	ordinary	ordinary	ADJ
gujaf-55	7	6	least	least	ADJ
gujaf-55	7	7	square	square	ADJ
gujaf-55	7	8	(	(	PUNCT
gujaf-55	7	9	ols	ol	NOUN
gujaf-55	7	10	)	)	PUNCT
gujaf-55	7	11	was	be	AUX
gujaf-55	7	12	used	use	VERB
gujaf-55	7	13	in	in	ADP
gujaf-55	7	14	analyzing	analyze	VERB
gujaf-55	7	15	the	the	DET
gujaf-55	7	16	data	datum	NOUN
gujaf-55	7	17	obtained	obtain	VERB
gujaf-55	7	18	from	from	ADP
gujaf-55	7	19	the	the	DET
gujaf-55	7	20	audited	audit	VERB
gujaf-55	7	21	financial	financial	ADJ
gujaf-55	7	22	reports	report	NOUN
gujaf-55	7	23	and	and	CCONJ
gujaf-55	7	24	accounts	account	NOUN
gujaf-55	7	25	of	of	ADP
gujaf-55	7	26	the	the	DET
gujaf-55	7	27	sampled	sample	VERB
gujaf-55	7	28	companies	company	NOUN
gujaf-55	7	29	.	.	PUNCT
gujaf-55	8	1	the	the	DET
gujaf-55	8	2	findings	finding	NOUN
gujaf-55	8	3	revealed	reveal	VERB
gujaf-55	8	4	that	that	SCONJ
gujaf-55	8	5	liquidity	liquidity	NOUN
gujaf-55	8	6	has	have	VERB
gujaf-55	8	7	a	a	DET
gujaf-55	8	8	positive	positive	ADJ
gujaf-55	8	9	and	and	CCONJ
gujaf-55	8	10	significant	significant	ADJ
gujaf-55	8	11	effect	effect	NOUN
gujaf-55	8	12	on	on	ADP
gujaf-55	8	13	the	the	DET
gujaf-55	8	14	capital	capital	NOUN
gujaf-55	8	15	structure	structure	NOUN
gujaf-55	8	16	of	of	ADP
gujaf-55	8	17	listed	list	VERB
gujaf-55	8	18	oil	oil	NOUN
gujaf-55	8	19	and	and	CCONJ
gujaf-55	8	20	gas	gas	NOUN
gujaf-55	8	21	companies	company	NOUN
gujaf-55	8	22	in	in	ADP
gujaf-55	8	23	nigeria	nigeria	PROPN
gujaf-55	8	24	this	this	DET
gujaf-55	8	25	finding	finding	NOUN
gujaf-55	8	26	is	be	AUX
gujaf-55	8	27	in	in	ADP
gujaf-55	8	28	line	line	NOUN
gujaf-55	8	29	with	with	ADP
gujaf-55	8	30	the	the	DET
gujaf-55	8	31	prediction	prediction	NOUN
gujaf-55	8	32	of	of	ADP
gujaf-55	8	33	trade	trade	NOUN
gujaf-55	8	34	-	-	PUNCT
gujaf-55	8	35	off	off	ADP
gujaf-55	8	36	theory	theory	NOUN
gujaf-55	8	37	of	of	ADP
gujaf-55	8	38	debt	debt	NOUN
gujaf-55	8	39	financing	financing	NOUN
gujaf-55	8	40	.	.	PUNCT
gujaf-55	9	1	based	base	VERB
gujaf-55	9	2	on	on	ADP
gujaf-55	9	3	the	the	DET
gujaf-55	9	4	findings	finding	NOUN
gujaf-55	9	5	,	,	PUNCT
gujaf-55	9	6	this	this	DET
gujaf-55	9	7	study	study	NOUN
gujaf-55	9	8	recommends	recommend	VERB
gujaf-55	9	9	that	that	SCONJ
gujaf-55	9	10	listed	list	VERB
gujaf-55	9	11	oil	oil	NOUN
gujaf-55	9	12	and	and	CCONJ
gujaf-55	9	13	gas	gas	NOUN
gujaf-55	9	14	companies	company	NOUN
gujaf-55	9	15	in	in	ADP
gujaf-55	9	16	nigeria	nigeria	PROPN
gujaf-55	9	17	should	should	AUX
gujaf-55	9	18	remain	remain	VERB
gujaf-55	9	19	liquid	liquid	ADJ
gujaf-55	9	20	at	at	ADP
gujaf-55	9	21	all	all	DET
gujaf-55	9	22	times	time	NOUN
gujaf-55	9	23	by	by	ADP
gujaf-55	9	24	ensuring	ensure	VERB
gujaf-55	9	25	that	that	SCONJ
gujaf-55	9	26	their	their	PRON
gujaf-55	9	27	current	current	ADJ
gujaf-55	9	28	liabilities	liability	NOUN
gujaf-55	9	29	do	do	AUX
gujaf-55	9	30	not	not	PART
gujaf-55	9	31	exceed	exceed	VERB
gujaf-55	9	32	their	their	PRON
gujaf-55	9	33	current	current	ADJ
gujaf-55	9	34	assets	asset	NOUN
gujaf-55	9	35	so	so	SCONJ
gujaf-55	9	36	that	that	SCONJ
gujaf-55	9	37	their	their	PRON
gujaf-55	9	38	financial	financial	ADJ
gujaf-55	9	39	obligations	obligation	NOUN
gujaf-55	9	40	can	can	AUX
gujaf-55	9	41	be	be	AUX
gujaf-55	9	42	discharged	discharge	VERB
gujaf-55	9	43	on	on	ADP
gujaf-55	9	44	time	time	NOUN
gujaf-55	9	45	.	.	PUNCT
gujaf-55	10	1	keywords	keyword	NOUN
gujaf-55	10	2	:	:	PUNCT
gujaf-55	10	3	liquidity	liquidity	NOUN
gujaf-55	10	4	,	,	PUNCT
gujaf-55	10	5	capital	capital	NOUN
gujaf-55	10	6	structure	structure	NOUN
gujaf-55	10	7	,	,	PUNCT
gujaf-55	10	8	deregulation	deregulation	NOUN
gujaf-55	10	9	,	,	PUNCT
gujaf-55	10	10	long	long	ADJ
gujaf-55	10	11	-	-	PUNCT
gujaf-55	10	12	term	term	NOUN
gujaf-55	10	13	debt	debt	NOUN
gujaf-55	10	14	,	,	PUNCT
gujaf-55	10	15	short	short	ADJ
gujaf-55	10	16	-	-	PUNCT
gujaf-55	10	17	term	term	NOUN
gujaf-55	10	18	debt	debt	NOUN
gujaf-55	10	19	.	.	PUNCT
gujaf-55	11	1	1	1	X
gujaf-55	11	2	.	.	X
gujaf-55	11	3	introduction	introduction	NOUN
gujaf-55	11	4	the	the	DET
gujaf-55	11	5	important	important	ADJ
gujaf-55	11	6	role	role	NOUN
gujaf-55	11	7	the	the	DET
gujaf-55	11	8	nigeria	nigeria	PROPN
gujaf-55	11	9	oil	oil	NOUN
gujaf-55	11	10	and	and	CCONJ
gujaf-55	11	11	gas	gas	NOUN
gujaf-55	11	12	sector	sector	NOUN
gujaf-55	11	13	plays	play	VERB
gujaf-55	11	14	in	in	ADP
gujaf-55	11	15	its	its	PRON
gujaf-55	11	16	economic	economic	ADJ
gujaf-55	11	17	development	development	NOUN
gujaf-55	11	18	can	can	AUX
gujaf-55	11	19	not	not	PART
gujaf-55	11	20	be	be	AUX
gujaf-55	11	21	over	over	ADV
gujaf-55	11	22	-	-	PUNCT
gujaf-55	11	23	emphasized	emphasize	VERB
gujaf-55	11	24	.	.	PUNCT
gujaf-55	12	1	since	since	SCONJ
gujaf-55	12	2	the	the	DET
gujaf-55	12	3	discovery	discovery	NOUN
gujaf-55	12	4	of	of	ADP
gujaf-55	12	5	oil	oil	NOUN
gujaf-55	12	6	in	in	ADP
gujaf-55	12	7	the	the	DET
gujaf-55	12	8	50	50	NUM
gujaf-55	12	9	’s	’s	NOUN
gujaf-55	12	10	,	,	PUNCT
gujaf-55	12	11	there	there	PRON
gujaf-55	12	12	has	have	AUX
gujaf-55	12	13	been	be	AUX
gujaf-55	12	14	a	a	DET
gujaf-55	12	15	heavy	heavy	ADJ
gujaf-55	12	16	reliance	reliance	NOUN
gujaf-55	12	17	on	on	ADP
gujaf-55	12	18	the	the	DET
gujaf-55	12	19	income	income	NOUN
gujaf-55	12	20	generated	generate	VERB
gujaf-55	12	21	from	from	ADP
gujaf-55	12	22	this	this	DET
gujaf-55	12	23	sector	sector	NOUN
gujaf-55	12	24	.	.	PUNCT
gujaf-55	13	1	the	the	DET
gujaf-55	13	2	revenue	revenue	NOUN
gujaf-55	13	3	generated	generate	VERB
gujaf-55	13	4	by	by	ADP
gujaf-55	13	5	the	the	DET
gujaf-55	13	6	government	government	NOUN
gujaf-55	13	7	from	from	ADP
gujaf-55	13	8	the	the	DET
gujaf-55	13	9	sector	sector	NOUN
gujaf-55	13	10	is	be	AUX
gujaf-55	13	11	used	use	VERB
gujaf-55	13	12	in	in	ADP
gujaf-55	13	13	transforming	transform	VERB
gujaf-55	13	14	and	and	CCONJ
gujaf-55	13	15	developing	develop	VERB
gujaf-55	13	16	the	the	DET
gujaf-55	13	17	country	country	NOUN
gujaf-55	13	18	(	(	PUNCT
gujaf-55	13	19	brown	brown	PROPN
gujaf-55	13	20	&	&	CCONJ
gujaf-55	13	21	nnamaka	nnamaka	ADJ
gujaf-55	13	22	,	,	PUNCT
gujaf-55	13	23	2019	2019	NUM
gujaf-55	13	24	)	)	PUNCT
gujaf-55	13	25	.	.	PUNCT
gujaf-55	14	1	however	however	ADV
gujaf-55	14	2	,	,	PUNCT
gujaf-55	14	3	the	the	DET
gujaf-55	14	4	downstream	downstream	ADJ
gujaf-55	14	5	sub	sub	NOUN
gujaf-55	14	6	-	-	NOUN
gujaf-55	14	7	sector	sector	NOUN
gujaf-55	14	8	of	of	ADP
gujaf-55	14	9	the	the	DET
gujaf-55	14	10	nigerian	nigerian	ADJ
gujaf-55	14	11	oil	oil	NOUN
gujaf-55	14	12	and	and	CCONJ
gujaf-55	14	13	gas	gas	NOUN
gujaf-55	14	14	sector	sector	NOUN
gujaf-55	14	15	witnessed	witness	VERB
gujaf-55	14	16	a	a	DET
gujaf-55	14	17	partial	partial	ADJ
gujaf-55	14	18	deregulation	deregulation	NOUN
gujaf-55	14	19	in	in	ADP
gujaf-55	14	20	april	april	PROPN
gujaf-55	14	21	,	,	PUNCT
gujaf-55	14	22	2004	2004	NUM
gujaf-55	14	23	during	during	ADP
gujaf-55	14	24	the	the	DET
gujaf-55	14	25	obasanjo	obasanjo	PROPN
gujaf-55	14	26	administration	administration	NOUN
gujaf-55	14	27	which	which	PRON
gujaf-55	14	28	according	accord	VERB
gujaf-55	14	29	to	to	ADP
gujaf-55	14	30	monday	monday	PROPN
gujaf-55	14	31	et	et	PROPN
gujaf-55	14	32	al	al	PROPN
gujaf-55	14	33	(	(	PUNCT
gujaf-55	14	34	2016	2016	NUM
gujaf-55	14	35	)	)	PUNCT
gujaf-55	14	36	leads	lead	VERB
gujaf-55	14	37	to	to	ADP
gujaf-55	14	38	growth	growth	NOUN
gujaf-55	14	39	and	and	CCONJ
gujaf-55	14	40	expansion	expansion	NOUN
gujaf-55	14	41	in	in	ADP
gujaf-55	14	42	the	the	DET
gujaf-55	14	43	sector	sector	NOUN
gujaf-55	14	44	.	.	PUNCT
gujaf-55	15	1	consequently	consequently	ADV
gujaf-55	15	2	,	,	PUNCT
gujaf-55	15	3	companies	company	NOUN
gujaf-55	15	4	in	in	ADP
gujaf-55	15	5	the	the	DET
gujaf-55	15	6	downstream	downstream	ADJ
gujaf-55	15	7	sub	sub	NOUN
gujaf-55	15	8	-	-	NOUN
gujaf-55	15	9	sector	sector	NOUN
gujaf-55	15	10	,	,	PUNCT
gujaf-55	15	11	in	in	ADP
gujaf-55	15	12	order	order	NOUN
gujaf-55	15	13	to	to	PART
gujaf-55	15	14	cope	cope	VERB
gujaf-55	15	15	with	with	ADP
gujaf-55	15	16	the	the	DET
gujaf-55	15	17	expansion	expansion	NOUN
gujaf-55	15	18	resulting	result	VERB
gujaf-55	15	19	from	from	ADP
gujaf-55	15	20	increase	increase	NOUN
gujaf-55	15	21	in	in	ADP
gujaf-55	15	22	investment	investment	NOUN
gujaf-55	15	23	,	,	PUNCT
gujaf-55	15	24	need	need	VERB
gujaf-55	15	25	additional	additional	ADJ
gujaf-55	15	26	fund	fund	NOUN
gujaf-55	15	27	to	to	PART
gujaf-55	15	28	finance	finance	VERB
gujaf-55	15	29	such	such	ADJ
gujaf-55	15	30	investment	investment	NOUN
gujaf-55	15	31	(	(	PUNCT
gujaf-55	15	32	monday	monday	PROPN
gujaf-55	15	33	et	et	PROPN
gujaf-55	15	34	al	al	PROPN
gujaf-55	15	35	.	.	PROPN
gujaf-55	15	36	,	,	PUNCT
gujaf-55	15	37	2016	2016	NUM
gujaf-55	15	38	)	)	PUNCT
gujaf-55	15	39	.	.	PUNCT
gujaf-55	16	1	selecting	select	VERB
gujaf-55	16	2	the	the	DET
gujaf-55	16	3	best	good	ADJ
gujaf-55	16	4	source	source	NOUN
gujaf-55	16	5	of	of	ADP
gujaf-55	16	6	financing	financing	NOUN
gujaf-55	16	7	will	will	AUX
gujaf-55	16	8	undoubtedly	undoubtedly	ADV
gujaf-55	16	9	lead	lead	VERB
gujaf-55	16	10	to	to	PART
gujaf-55	16	11	value	value	NOUN
gujaf-55	16	12	maximization	maximization	NOUN
gujaf-55	16	13	and	and	CCONJ
gujaf-55	16	14	healthy	healthy	ADJ
gujaf-55	16	15	growth	growth	NOUN
gujaf-55	16	16	.	.	PUNCT
gujaf-55	17	1	therefore	therefore	ADV
gujaf-55	17	2	,	,	PUNCT
gujaf-55	17	3	managers	manager	NOUN
gujaf-55	17	4	in	in	ADP
gujaf-55	17	5	the	the	DET
gujaf-55	17	6	oil	oil	NOUN
gujaf-55	17	7	and	and	CCONJ
gujaf-55	17	8	gas	gas	NOUN
gujaf-55	17	9	industry	industry	NOUN
gujaf-55	17	10	need	need	VERB
gujaf-55	17	11	to	to	PART
gujaf-55	17	12	be	be	AUX
gujaf-55	17	13	furnished	furnish	VERB
gujaf-55	17	14	with	with	ADP
gujaf-55	17	15	the	the	DET
gujaf-55	17	16	knowledge	knowledge	NOUN
gujaf-55	17	17	of	of	ADP
gujaf-55	17	18	capital	capital	NOUN
gujaf-55	17	19	structure	structure	NOUN
gujaf-55	17	20	determinants	determinant	NOUN
gujaf-55	17	21	to	to	PART
gujaf-55	17	22	facilitate	facilitate	VERB
gujaf-55	17	23	their	their	PRON
gujaf-55	17	24	selection	selection	NOUN
gujaf-55	17	25	of	of	ADP
gujaf-55	17	26	optimal	optimal	ADJ
gujaf-55	17	27	capital	capital	NOUN
gujaf-55	17	28	mix	mix	NOUN
gujaf-55	17	29	.	.	PUNCT
gujaf-55	18	1	however	however	ADV
gujaf-55	18	2	,	,	PUNCT
gujaf-55	18	3	the	the	DET
gujaf-55	18	4	financing	financing	NOUN
gujaf-55	18	5	options	option	NOUN
gujaf-55	18	6	available	available	ADJ
gujaf-55	18	7	to	to	ADP
gujaf-55	18	8	a	a	DET
gujaf-55	18	9	firm	firm	NOUN
gujaf-55	18	10	are	be	AUX
gujaf-55	18	11	debt	debt	NOUN
gujaf-55	18	12	or	or	CCONJ
gujaf-55	18	13	equity	equity	NOUN
gujaf-55	18	14	which	which	PRON
gujaf-55	18	15	forms	form	VERB
gujaf-55	18	16	its	its	PRON
gujaf-55	18	17	capital	capital	NOUN
gujaf-55	18	18	structure	structure	NOUN
gujaf-55	18	19	.	.	PUNCT
gujaf-55	19	1	according	accord	VERB
gujaf-55	19	2	to	to	ADP
gujaf-55	19	3	chechet	chechet	PROPN
gujaf-55	19	4	et	et	PROPN
gujaf-55	19	5	al	al	PROPN
gujaf-55	19	6	(	(	PUNCT
gujaf-55	19	7	2013	2013	NUM
gujaf-55	19	8	)	)	PUNCT
gujaf-55	19	9	,	,	PUNCT
gujaf-55	19	10	the	the	DET
gujaf-55	19	11	proper	proper	ADJ
gujaf-55	19	12	utilisation	utilisation	NOUN
gujaf-55	19	13	of	of	ADP
gujaf-55	19	14	a	a	DET
gujaf-55	19	15	perfect	perfect	ADJ
gujaf-55	19	16	blend	blend	NOUN
gujaf-55	19	17	of	of	ADP
gujaf-55	19	18	debt	debt	NOUN
gujaf-55	19	19	and	and	CCONJ
gujaf-55	19	20	equity	equity	NOUN
gujaf-55	19	21	is	be	AUX
gujaf-55	19	22	invaluable	invaluable	ADJ
gujaf-55	19	23	to	to	ADP
gujaf-55	19	24	the	the	DET
gujaf-55	19	25	growth	growth	NOUN
gujaf-55	19	26	and	and	CCONJ
gujaf-55	19	27	future	future	NOUN
gujaf-55	19	28	of	of	ADP
gujaf-55	19	29	a	a	DET
gujaf-55	19	30	company	company	NOUN
gujaf-55	19	31	.	.	PUNCT
gujaf-55	20	1	thus	thus	ADV
gujaf-55	20	2	,	,	PUNCT
gujaf-55	20	3	in	in	ADP
gujaf-55	20	4	the	the	DET
gujaf-55	20	5	achievement	achievement	NOUN
gujaf-55	20	6	of	of	ADP
gujaf-55	20	7	a	a	DET
gujaf-55	20	8	company	company	NOUN
gujaf-55	20	9	's	's	PART
gujaf-55	20	10	goals	goal	NOUN
gujaf-55	20	11	,	,	PUNCT
gujaf-55	20	12	the	the	DET
gujaf-55	20	13	importance	importance	NOUN
gujaf-55	20	14	of	of	ADP
gujaf-55	20	15	capital	capital	NOUN
gujaf-55	20	16	structure	structure	NOUN
gujaf-55	20	17	opinions	opinion	NOUN
gujaf-55	20	18	can	can	AUX
gujaf-55	20	19	not	not	PART
gujaf-55	20	20	be	be	AUX
gujaf-55	20	21	over	over	ADV
gujaf-55	20	22	emphasized	emphasize	VERB
gujaf-55	20	23	.	.	PUNCT
gujaf-55	21	1	hence	hence	ADV
gujaf-55	21	2	,	,	PUNCT
gujaf-55	21	3	the	the	DET
gujaf-55	21	4	purpose	purpose	NOUN
gujaf-55	21	5	of	of	ADP
gujaf-55	21	6	this	this	DET
gujaf-55	21	7	study	study	NOUN
gujaf-55	21	8	is	be	AUX
gujaf-55	21	9	to	to	PART
gujaf-55	21	10	examine	examine	VERB
gujaf-55	21	11	liquidity	liquidity	NOUN
gujaf-55	21	12	and	and	CCONJ
gujaf-55	21	13	capital	capital	NOUN
gujaf-55	21	14	structure	structure	NOUN
gujaf-55	21	15	of	of	ADP
gujaf-55	21	16	listed	list	VERB
gujaf-55	21	17	oil	oil	NOUN
gujaf-55	21	18	and	and	CCONJ
gujaf-55	21	19	gas	gas	NOUN
gujaf-55	21	20	companies	company	NOUN
gujaf-55	21	21	in	in	ADP
gujaf-55	21	22	nigeria	nigeria	PROPN
gujaf-55	21	23	.	.	PUNCT
gujaf-55	22	1	mailto:uhadiza0083@gmail.com	mailto:uhadiza0083@gmail.com	PROPN
gujaf-55	22	2	gusau	gusau	PROPN
gujaf-55	22	3	journal	journal	PROPN
gujaf-55	22	4	of	of	ADP
gujaf-55	22	5	accounting	accounting	NOUN
gujaf-55	22	6	and	and	CCONJ
gujaf-55	22	7	finance	finance	NOUN
gujaf-55	22	8	,	,	PUNCT
gujaf-55	22	9	vol	vol	NOUN
gujaf-55	22	10	.	.	PROPN
gujaf-55	22	11	2	2	NUM
gujaf-55	22	12	,	,	PUNCT
gujaf-55	22	13	issue	issue	NOUN
gujaf-55	22	14	1	1	NUM
gujaf-55	22	15	,	,	PUNCT
gujaf-55	22	16	april	april	PROPN
gujaf-55	22	17	,	,	PUNCT
gujaf-55	22	18	2021	2021	NUM
gujaf-55	22	19	3	3	NUM
gujaf-55	22	20	capital	capital	NOUN
gujaf-55	22	21	structure	structure	NOUN
gujaf-55	22	22	according	accord	VERB
gujaf-55	22	23	to	to	ADP
gujaf-55	22	24	martina	martina	PROPN
gujaf-55	22	25	(	(	PUNCT
gujaf-55	22	26	2015	2015	NUM
gujaf-55	22	27	)	)	PUNCT
gujaf-55	22	28	is	be	AUX
gujaf-55	22	29	the	the	DET
gujaf-55	22	30	method	method	ADJ
gujaf-55	22	31	assets	asset	NOUN
gujaf-55	22	32	of	of	ADP
gujaf-55	22	33	a	a	DET
gujaf-55	22	34	company	company	NOUN
gujaf-55	22	35	are	be	AUX
gujaf-55	22	36	financed	finance	VERB
gujaf-55	22	37	through	through	ADP
gujaf-55	22	38	the	the	DET
gujaf-55	22	39	mixture	mixture	NOUN
gujaf-55	22	40	of	of	ADP
gujaf-55	22	41	debt	debt	NOUN
gujaf-55	22	42	and	and	CCONJ
gujaf-55	22	43	equity	equity	NOUN
gujaf-55	22	44	.	.	PUNCT
gujaf-55	23	1	regardless	regardless	ADV
gujaf-55	23	2	of	of	ADP
gujaf-55	23	3	how	how	SCONJ
gujaf-55	23	4	a	a	DET
gujaf-55	23	5	company	company	NOUN
gujaf-55	23	6	is	be	AUX
gujaf-55	23	7	financed	finance	VERB
gujaf-55	23	8	,	,	PUNCT
gujaf-55	23	9	either	either	CCONJ
gujaf-55	23	10	debt	debt	NOUN
gujaf-55	23	11	or	or	CCONJ
gujaf-55	23	12	equity	equity	NOUN
gujaf-55	23	13	or	or	CCONJ
gujaf-55	23	14	a	a	DET
gujaf-55	23	15	mixture	mixture	NOUN
gujaf-55	23	16	of	of	ADP
gujaf-55	23	17	both	both	PRON
gujaf-55	23	18	,	,	PUNCT
gujaf-55	23	19	some	some	DET
gujaf-55	23	20	implications	implication	NOUN
gujaf-55	23	21	are	be	AUX
gujaf-55	23	22	inherent	inherent	ADJ
gujaf-55	23	23	.	.	PUNCT
gujaf-55	24	1	as	as	SCONJ
gujaf-55	24	2	both	both	DET
gujaf-55	24	3	debt	debt	NOUN
gujaf-55	24	4	and	and	CCONJ
gujaf-55	24	5	equity	equity	NOUN
gujaf-55	24	6	are	be	AUX
gujaf-55	24	7	not	not	PART
gujaf-55	24	8	devoid	devoid	ADJ
gujaf-55	24	9	of	of	ADP
gujaf-55	24	10	cost	cost	NOUN
gujaf-55	24	11	,	,	PUNCT
gujaf-55	24	12	companies	company	NOUN
gujaf-55	24	13	tend	tend	VERB
gujaf-55	24	14	to	to	PART
gujaf-55	24	15	have	have	VERB
gujaf-55	24	16	a	a	DET
gujaf-55	24	17	mixture	mixture	NOUN
gujaf-55	24	18	of	of	ADP
gujaf-55	24	19	debt	debt	NOUN
gujaf-55	24	20	and	and	CCONJ
gujaf-55	24	21	equity	equity	NOUN
gujaf-55	24	22	that	that	PRON
gujaf-55	24	23	will	will	AUX
gujaf-55	24	24	achieve	achieve	VERB
gujaf-55	24	25	optimum	optimum	ADJ
gujaf-55	24	26	benefit	benefit	NOUN
gujaf-55	24	27	at	at	ADP
gujaf-55	24	28	a	a	DET
gujaf-55	24	29	least	least	ADJ
gujaf-55	24	30	-	-	PUNCT
gujaf-55	24	31	cost	cost	NOUN
gujaf-55	24	32	combination	combination	NOUN
gujaf-55	24	33	.	.	PUNCT
gujaf-55	25	1	thus	thus	ADV
gujaf-55	25	2	,	,	PUNCT
gujaf-55	25	3	the	the	DET
gujaf-55	25	4	measuring	measure	VERB
gujaf-55	25	5	tools	tool	NOUN
gujaf-55	25	6	for	for	ADP
gujaf-55	25	7	capital	capital	NOUN
gujaf-55	25	8	structure	structure	NOUN
gujaf-55	25	9	are	be	AUX
gujaf-55	25	10	the	the	DET
gujaf-55	25	11	amount	amount	NOUN
gujaf-55	25	12	of	of	ADP
gujaf-55	25	13	debt	debt	NOUN
gujaf-55	25	14	and	and	CCONJ
gujaf-55	25	15	equity	equity	NOUN
gujaf-55	25	16	.	.	PUNCT
gujaf-55	26	1	in	in	ADP
gujaf-55	26	2	addition	addition	NOUN
gujaf-55	26	3	,	,	PUNCT
gujaf-55	26	4	the	the	DET
gujaf-55	26	5	importance	importance	NOUN
gujaf-55	26	6	of	of	ADP
gujaf-55	26	7	liquidity	liquidity	NOUN
gujaf-55	26	8	can	can	AUX
gujaf-55	26	9	not	not	PART
gujaf-55	26	10	be	be	AUX
gujaf-55	26	11	over	over	ADV
gujaf-55	26	12	-	-	PUNCT
gujaf-55	26	13	looked	look	VERB
gujaf-55	26	14	in	in	ADP
gujaf-55	26	15	the	the	DET
gujaf-55	26	16	financial	financial	ADJ
gujaf-55	26	17	decision	decision	NOUN
gujaf-55	26	18	-	-	PUNCT
gujaf-55	26	19	making	make	VERB
gujaf-55	26	20	process	process	NOUN
gujaf-55	26	21	of	of	ADP
gujaf-55	26	22	any	any	DET
gujaf-55	26	23	company	company	NOUN
gujaf-55	26	24	whose	whose	DET
gujaf-55	26	25	aim	aim	NOUN
gujaf-55	26	26	is	be	AUX
gujaf-55	26	27	to	to	PART
gujaf-55	26	28	make	make	VERB
gujaf-55	26	29	profit	profit	NOUN
gujaf-55	26	30	and	and	CCONJ
gujaf-55	26	31	maximize	maximize	VERB
gujaf-55	26	32	shareholders	shareholder	NOUN
gujaf-55	26	33	’	'	PUNCT
gujaf-55	26	34	wealth	wealth	NOUN
gujaf-55	26	35	.	.	PUNCT
gujaf-55	27	1	according	accord	VERB
gujaf-55	27	2	to	to	ADP
gujaf-55	27	3	ghasemi	ghasemi	PROPN
gujaf-55	27	4	and	and	CCONJ
gujaf-55	27	5	razak	razak	PROPN
gujaf-55	27	6	(	(	PUNCT
gujaf-55	27	7	2016	2016	NUM
gujaf-55	27	8	)	)	PUNCT
gujaf-55	27	9	,	,	PUNCT
gujaf-55	27	10	a	a	DET
gujaf-55	27	11	company	company	NOUN
gujaf-55	27	12	can	can	AUX
gujaf-55	27	13	only	only	ADV
gujaf-55	27	14	meet	meet	VERB
gujaf-55	27	15	its	its	PRON
gujaf-55	27	16	short	short	ADJ
gujaf-55	27	17	and	and	CCONJ
gujaf-55	27	18	long	long	ADJ
gujaf-55	27	19	term	term	NOUN
gujaf-55	27	20	obligations	obligation	NOUN
gujaf-55	27	21	as	as	ADP
gujaf-55	27	22	at	at	ADP
gujaf-55	27	23	when	when	SCONJ
gujaf-55	27	24	due	due	ADJ
gujaf-55	27	25	when	when	SCONJ
gujaf-55	27	26	it	it	PRON
gujaf-55	27	27	is	be	AUX
gujaf-55	27	28	liquid	liquid	ADJ
gujaf-55	27	29	.	.	PUNCT
gujaf-55	28	1	so	so	ADV
gujaf-55	28	2	,	,	PUNCT
gujaf-55	28	3	debt	debt	NOUN
gujaf-55	28	4	interests	interest	NOUN
gujaf-55	28	5	are	be	AUX
gujaf-55	28	6	discharged	discharge	VERB
gujaf-55	28	7	with	with	ADP
gujaf-55	28	8	higher	high	ADJ
gujaf-55	28	9	firm	firm	ADJ
gujaf-55	28	10	liquidity	liquidity	NOUN
gujaf-55	28	11	.	.	PUNCT
gujaf-55	29	1	thus	thus	ADV
gujaf-55	29	2	,	,	PUNCT
gujaf-55	29	3	higher	high	ADJ
gujaf-55	29	4	liquidity	liquidity	NOUN
gujaf-55	29	5	means	mean	VERB
gujaf-55	29	6	a	a	DET
gujaf-55	29	7	company	company	NOUN
gujaf-55	29	8	can	can	AUX
gujaf-55	29	9	depend	depend	VERB
gujaf-55	29	10	largely	largely	ADV
gujaf-55	29	11	on	on	ADP
gujaf-55	29	12	debt	debt	NOUN
gujaf-55	29	13	since	since	SCONJ
gujaf-55	29	14	it	it	PRON
gujaf-55	29	15	means	mean	VERB
gujaf-55	29	16	ability	ability	NOUN
gujaf-55	29	17	to	to	PART
gujaf-55	29	18	easily	easily	ADV
gujaf-55	29	19	discharge	discharge	VERB
gujaf-55	29	20	debt	debt	NOUN
gujaf-55	29	21	obligations	obligation	NOUN
gujaf-55	29	22	.	.	PUNCT
gujaf-55	30	1	on	on	ADP
gujaf-55	30	2	the	the	DET
gujaf-55	30	3	other	other	ADJ
gujaf-55	30	4	hand	hand	NOUN
gujaf-55	30	5	,	,	PUNCT
gujaf-55	30	6	such	such	ADJ
gujaf-55	30	7	companies	company	NOUN
gujaf-55	30	8	may	may	AUX
gujaf-55	30	9	use	use	VERB
gujaf-55	30	10	their	their	PRON
gujaf-55	30	11	own	own	ADJ
gujaf-55	30	12	capital	capital	NOUN
gujaf-55	30	13	to	to	PART
gujaf-55	30	14	finance	finance	VERB
gujaf-55	30	15	investment	investment	NOUN
gujaf-55	30	16	(	(	PUNCT
gujaf-55	30	17	ghasemi	ghasemi	PROPN
gujaf-55	30	18	&	&	CCONJ
gujaf-55	30	19	razak	razak	PROPN
gujaf-55	30	20	,	,	PUNCT
gujaf-55	30	21	2016	2016	NUM
gujaf-55	30	22	)	)	PUNCT
gujaf-55	30	23	.	.	PUNCT
gujaf-55	31	1	furthermore	furthermore	ADV
gujaf-55	31	2	,	,	PUNCT
gujaf-55	31	3	several	several	ADJ
gujaf-55	31	4	studies	study	NOUN
gujaf-55	31	5	indicate	indicate	VERB
gujaf-55	31	6	the	the	DET
gujaf-55	31	7	determinants	determinant	NOUN
gujaf-55	31	8	of	of	ADP
gujaf-55	31	9	capital	capital	NOUN
gujaf-55	31	10	structure	structure	NOUN
gujaf-55	31	11	in	in	ADP
gujaf-55	31	12	nigeria	nigeria	PROPN
gujaf-55	31	13	(	(	PUNCT
gujaf-55	31	14	salawu	salawu	PROPN
gujaf-55	31	15	&	&	CCONJ
gujaf-55	31	16	agboola	agboola	PROPN
gujaf-55	31	17	,	,	PUNCT
gujaf-55	31	18	2008	2008	NUM
gujaf-55	31	19	;	;	PUNCT
gujaf-55	31	20	ajao	ajao	PROPN
gujaf-55	31	21	&	&	CCONJ
gujaf-55	31	22	ema	ema	PROPN
gujaf-55	31	23	,	,	PUNCT
gujaf-55	31	24	2012	2012	NUM
gujaf-55	31	25	;	;	PUNCT
gujaf-55	31	26	olakunle	olakunle	NOUN
gujaf-55	31	27	&	&	CCONJ
gujaf-55	31	28	oni	oni	PROPN
gujaf-55	31	29	,	,	PUNCT
gujaf-55	31	30	2014	2014	NUM
gujaf-55	31	31	;	;	PUNCT
gujaf-55	31	32	onaolapo	onaolapo	PROPN
gujaf-55	31	33	et	et	PROPN
gujaf-55	31	34	al	al	PROPN
gujaf-55	31	35	.	.	PROPN
gujaf-55	31	36	,	,	PUNCT
gujaf-55	31	37	2015	2015	NUM
gujaf-55	31	38	)	)	PUNCT
gujaf-55	31	39	.	.	PUNCT
gujaf-55	32	1	however	however	ADV
gujaf-55	32	2	,	,	PUNCT
gujaf-55	32	3	firm	firm	ADJ
gujaf-55	32	4	liquidity	liquidity	NOUN
gujaf-55	32	5	has	have	AUX
gujaf-55	32	6	so	so	ADV
gujaf-55	32	7	far	far	ADV
gujaf-55	32	8	received	receive	VERB
gujaf-55	32	9	scanty	scanty	ADJ
gujaf-55	32	10	attention	attention	NOUN
gujaf-55	32	11	.	.	PUNCT
gujaf-55	33	1	similarly	similarly	ADV
gujaf-55	33	2	,	,	PUNCT
gujaf-55	33	3	salawu	salawu	NOUN
gujaf-55	33	4	and	and	CCONJ
gujaf-55	33	5	agboola	agboola	PROPN
gujaf-55	33	6	(	(	PUNCT
gujaf-55	33	7	2008	2008	NUM
gujaf-55	33	8	)	)	PUNCT
gujaf-55	33	9	;	;	PUNCT
gujaf-55	33	10	onaolapo	onaolapo	PROPN
gujaf-55	33	11	et	et	PROPN
gujaf-55	33	12	al.(2015	al.(2015	ADV
gujaf-55	33	13	)	)	PUNCT
gujaf-55	33	14	argue	argue	VERB
gujaf-55	33	15	that	that	SCONJ
gujaf-55	33	16	companies	company	NOUN
gujaf-55	33	17	in	in	ADP
gujaf-55	33	18	nigeria	nigeria	PROPN
gujaf-55	33	19	use	use	VERB
gujaf-55	33	20	more	more	ADJ
gujaf-55	33	21	short	short	ADJ
gujaf-55	33	22	-	-	PUNCT
gujaf-55	33	23	term	term	NOUN
gujaf-55	33	24	debt	debt	NOUN
gujaf-55	33	25	in	in	ADP
gujaf-55	33	26	their	their	PRON
gujaf-55	33	27	financing	financing	NOUN
gujaf-55	33	28	choice	choice	NOUN
gujaf-55	33	29	necessitates	necessitate	VERB
gujaf-55	33	30	an	an	DET
gujaf-55	33	31	investigation	investigation	NOUN
gujaf-55	33	32	of	of	ADP
gujaf-55	33	33	liquidity	liquidity	NOUN
gujaf-55	33	34	-	-	PUNCT
gujaf-55	33	35	capital	capital	NOUN
gujaf-55	33	36	structure	structure	NOUN
gujaf-55	33	37	nexus	nexus	NOUN
gujaf-55	33	38	in	in	ADP
gujaf-55	33	39	nigeria	nigeria	PROPN
gujaf-55	33	40	.	.	PUNCT
gujaf-55	34	1	nigerian	nigerian	ADJ
gujaf-55	34	2	studies	study	NOUN
gujaf-55	34	3	on	on	ADP
gujaf-55	34	4	capital	capital	NOUN
gujaf-55	34	5	structure	structure	NOUN
gujaf-55	34	6	also	also	ADV
gujaf-55	34	7	based	base	VERB
gujaf-55	34	8	their	their	PRON
gujaf-55	34	9	measurement	measurement	NOUN
gujaf-55	34	10	on	on	ADP
gujaf-55	34	11	book	book	NOUN
gujaf-55	34	12	leverage	leverage	NOUN
gujaf-55	34	13	which	which	PRON
gujaf-55	34	14	is	be	AUX
gujaf-55	34	15	believed	believe	VERB
gujaf-55	34	16	to	to	PART
gujaf-55	34	17	;	;	PUNCT
gujaf-55	34	18	produce	produce	VERB
gujaf-55	34	19	results	result	NOUN
gujaf-55	34	20	which	which	PRON
gujaf-55	34	21	are	be	AUX
gujaf-55	34	22	comparable	comparable	ADJ
gujaf-55	34	23	to	to	ADP
gujaf-55	34	24	other	other	ADJ
gujaf-55	34	25	results	result	NOUN
gujaf-55	34	26	on	on	ADP
gujaf-55	34	27	capital	capital	NOUN
gujaf-55	34	28	structure	structure	NOUN
gujaf-55	34	29	,	,	PUNCT
gujaf-55	34	30	be	be	AUX
gujaf-55	34	31	in	in	ADP
gujaf-55	34	32	conformity	conformity	NOUN
gujaf-55	34	33	with	with	ADP
gujaf-55	34	34	theoretical	theoretical	ADJ
gujaf-55	34	35	predictions	prediction	NOUN
gujaf-55	34	36	and	and	CCONJ
gujaf-55	34	37	capture	capture	VERB
gujaf-55	34	38	the	the	DET
gujaf-55	34	39	value	value	NOUN
gujaf-55	34	40	of	of	ADP
gujaf-55	34	41	assets	asset	NOUN
gujaf-55	34	42	in	in	ADP
gujaf-55	34	43	place	place	NOUN
gujaf-55	34	44	(	(	PUNCT
gujaf-55	34	45	magwai	magwai	PROPN
gujaf-55	34	46	,	,	PUNCT
gujaf-55	34	47	2014	2014	NUM
gujaf-55	34	48	)	)	PUNCT
gujaf-55	34	49	.	.	PUNCT
gujaf-55	35	1	it	it	PRON
gujaf-55	35	2	is	be	AUX
gujaf-55	35	3	worthy	worthy	ADJ
gujaf-55	35	4	of	of	ADP
gujaf-55	35	5	note	note	NOUN
gujaf-55	35	6	that	that	PRON
gujaf-55	35	7	book	book	NOUN
gujaf-55	35	8	leverage	leverage	NOUN
gujaf-55	35	9	overstates	overstate	VERB
gujaf-55	35	10	the	the	DET
gujaf-55	35	11	ratio	ratio	NOUN
gujaf-55	35	12	of	of	ADP
gujaf-55	35	13	a	a	DET
gujaf-55	35	14	company	company	NOUN
gujaf-55	35	15	’s	’s	PART
gujaf-55	35	16	debt	debt	NOUN
gujaf-55	35	17	that	that	PRON
gujaf-55	35	18	is	be	AUX
gujaf-55	35	19	used	use	VERB
gujaf-55	35	20	to	to	PART
gujaf-55	35	21	finance	finance	VERB
gujaf-55	35	22	its	its	PRON
gujaf-55	35	23	assets	asset	NOUN
gujaf-55	35	24	since	since	SCONJ
gujaf-55	35	25	there	there	PRON
gujaf-55	35	26	is	be	VERB
gujaf-55	35	27	no	no	DET
gujaf-55	35	28	room	room	NOUN
gujaf-55	35	29	for	for	ADP
gujaf-55	35	30	current	current	ADJ
gujaf-55	35	31	value	value	NOUN
gujaf-55	35	32	of	of	ADP
gujaf-55	35	33	the	the	DET
gujaf-55	35	34	firm	firm	NOUN
gujaf-55	35	35	.	.	PUNCT
gujaf-55	36	1	this	this	PRON
gujaf-55	36	2	thereby	thereby	ADV
gujaf-55	36	3	makes	make	VERB
gujaf-55	36	4	potential	potential	ADJ
gujaf-55	36	5	investors	investor	NOUN
gujaf-55	36	6	and	and	CCONJ
gujaf-55	36	7	lenders	lender	NOUN
gujaf-55	36	8	to	to	PART
gujaf-55	36	9	be	be	AUX
gujaf-55	36	10	wary	wary	ADJ
gujaf-55	36	11	of	of	ADP
gujaf-55	36	12	committing	commit	VERB
gujaf-55	36	13	their	their	PRON
gujaf-55	36	14	funds	fund	NOUN
gujaf-55	36	15	into	into	ADP
gujaf-55	36	16	a	a	DET
gujaf-55	36	17	company	company	NOUN
gujaf-55	36	18	with	with	ADP
gujaf-55	36	19	a	a	DET
gujaf-55	36	20	high	high	ADJ
gujaf-55	36	21	debt	debt	NOUN
gujaf-55	36	22	/	/	SYM
gujaf-55	36	23	equity	equity	NOUN
gujaf-55	36	24	ratio	ratio	NOUN
gujaf-55	36	25	.	.	PUNCT
gujaf-55	37	1	however	however	ADV
gujaf-55	37	2	,	,	PUNCT
gujaf-55	37	3	the	the	DET
gujaf-55	37	4	market	market	NOUN
gujaf-55	37	5	leverage	leverage	NOUN
gujaf-55	37	6	which	which	PRON
gujaf-55	37	7	is	be	AUX
gujaf-55	37	8	a	a	DET
gujaf-55	37	9	modification	modification	NOUN
gujaf-55	37	10	of	of	ADP
gujaf-55	37	11	the	the	DET
gujaf-55	37	12	traditional	traditional	ADJ
gujaf-55	37	13	book	book	NOUN
gujaf-55	37	14	leverage	leverage	NOUN
gujaf-55	37	15	has	have	VERB
gujaf-55	37	16	the	the	DET
gujaf-55	37	17	potential	potential	NOUN
gujaf-55	37	18	of	of	ADP
gujaf-55	37	19	boosting	boost	VERB
gujaf-55	37	20	investors	investor	NOUN
gujaf-55	37	21	’	'	PUNCT
gujaf-55	37	22	and	and	CCONJ
gujaf-55	37	23	creditors	creditor	NOUN
gujaf-55	37	24	’	'	PUNCT
gujaf-55	37	25	confidence	confidence	NOUN
gujaf-55	37	26	as	as	SCONJ
gujaf-55	37	27	it	it	PRON
gujaf-55	37	28	reflects	reflect	VERB
gujaf-55	37	29	the	the	DET
gujaf-55	37	30	growth	growth	NOUN
gujaf-55	37	31	options	option	NOUN
gujaf-55	37	32	reflected	reflect	VERB
gujaf-55	37	33	in	in	ADP
gujaf-55	37	34	the	the	DET
gujaf-55	37	35	current	current	ADJ
gujaf-55	37	36	market	market	NOUN
gujaf-55	37	37	values	value	NOUN
gujaf-55	37	38	against	against	ADP
gujaf-55	37	39	value	value	NOUN
gujaf-55	37	40	of	of	ADP
gujaf-55	37	41	assets	asset	NOUN
gujaf-55	37	42	in	in	ADP
gujaf-55	37	43	place	place	NOUN
gujaf-55	37	44	(	(	PUNCT
gujaf-55	37	45	book	book	NOUN
gujaf-55	37	46	value	value	NOUN
gujaf-55	37	47	)	)	PUNCT
gujaf-55	37	48	.	.	PUNCT
gujaf-55	38	1	it	it	PRON
gujaf-55	38	2	thus	thus	ADV
gujaf-55	38	3	serves	serve	VERB
gujaf-55	38	4	as	as	ADP
gujaf-55	38	5	a	a	DET
gujaf-55	38	6	better	well	ADJ
gujaf-55	38	7	measure	measure	NOUN
gujaf-55	38	8	of	of	ADP
gujaf-55	38	9	solvency	solvency	NOUN
gujaf-55	38	10	.	.	PUNCT
gujaf-55	39	1	in	in	ADP
gujaf-55	39	2	sum	sum	NOUN
gujaf-55	39	3	,	,	PUNCT
gujaf-55	39	4	the	the	DET
gujaf-55	39	5	steps	step	NOUN
gujaf-55	39	6	taken	take	VERB
gujaf-55	39	7	so	so	ADV
gujaf-55	39	8	far	far	ADV
gujaf-55	39	9	are	be	AUX
gujaf-55	39	10	hoped	hope	VERB
gujaf-55	39	11	to	to	PART
gujaf-55	39	12	minimize	minimize	VERB
gujaf-55	39	13	the	the	DET
gujaf-55	39	14	seeming	seem	VERB
gujaf-55	39	15	inconsistencies	inconsistency	NOUN
gujaf-55	39	16	amongst	amongst	ADP
gujaf-55	39	17	the	the	DET
gujaf-55	39	18	existing	exist	VERB
gujaf-55	39	19	theories	theory	NOUN
gujaf-55	39	20	on	on	ADP
gujaf-55	39	21	capital	capital	NOUN
gujaf-55	39	22	structure	structure	NOUN
gujaf-55	39	23	.	.	PUNCT
gujaf-55	40	1	motivated	motivate	VERB
gujaf-55	40	2	by	by	ADP
gujaf-55	40	3	the	the	DET
gujaf-55	40	4	foregoing	foregoing	NOUN
gujaf-55	40	5	,	,	PUNCT
gujaf-55	40	6	this	this	DET
gujaf-55	40	7	study	study	NOUN
gujaf-55	40	8	seeks	seek	VERB
gujaf-55	40	9	to	to	PART
gujaf-55	40	10	examine	examine	VERB
gujaf-55	40	11	firm	firm	ADJ
gujaf-55	40	12	liquidity	liquidity	NOUN
gujaf-55	40	13	and	and	CCONJ
gujaf-55	40	14	capital	capital	NOUN
gujaf-55	40	15	structure	structure	NOUN
gujaf-55	40	16	of	of	ADP
gujaf-55	40	17	listed	list	VERB
gujaf-55	40	18	oil	oil	NOUN
gujaf-55	40	19	and	and	CCONJ
gujaf-55	40	20	gas	gas	NOUN
gujaf-55	40	21	companies	company	NOUN
gujaf-55	40	22	in	in	ADP
gujaf-55	40	23	nigeria	nigeria	PROPN
gujaf-55	40	24	for	for	ADP
gujaf-55	40	25	the	the	DET
gujaf-55	40	26	period	period	NOUN
gujaf-55	40	27	2001	2001	NUM
gujaf-55	40	28	to	to	ADP
gujaf-55	40	29	2016	2016	NUM
gujaf-55	40	30	.	.	PUNCT
gujaf-55	41	1	market	market	NOUN
gujaf-55	41	2	based	base	VERB
gujaf-55	41	3	methodology	methodology	NOUN
gujaf-55	41	4	is	be	AUX
gujaf-55	41	5	adopted	adopt	VERB
gujaf-55	41	6	as	as	ADP
gujaf-55	41	7	a	a	DET
gujaf-55	41	8	justified	justified	ADJ
gujaf-55	41	9	departure	departure	NOUN
gujaf-55	41	10	from	from	ADP
gujaf-55	41	11	the	the	DET
gujaf-55	41	12	previous	previous	ADJ
gujaf-55	41	13	studies	study	NOUN
gujaf-55	41	14	within	within	ADP
gujaf-55	41	15	the	the	DET
gujaf-55	41	16	nigerian	nigerian	ADJ
gujaf-55	41	17	context	context	NOUN
gujaf-55	41	18	.	.	PUNCT
gujaf-55	42	1	2	2	X
gujaf-55	42	2	.	.	X
gujaf-55	42	3	review	review	NOUN
gujaf-55	42	4	of	of	ADP
gujaf-55	42	5	empirical	empirical	ADJ
gujaf-55	42	6	studies	study	NOUN
gujaf-55	42	7	there	there	PRON
gujaf-55	42	8	are	be	VERB
gujaf-55	42	9	different	different	ADJ
gujaf-55	42	10	approaches	approach	NOUN
gujaf-55	42	11	to	to	ADP
gujaf-55	42	12	capital	capital	NOUN
gujaf-55	42	13	structure	structure	NOUN
gujaf-55	42	14	definitions	definition	NOUN
gujaf-55	42	15	and	and	CCONJ
gujaf-55	42	16	measurements	measurement	NOUN
gujaf-55	42	17	in	in	ADP
gujaf-55	42	18	which	which	PRON
gujaf-55	42	19	julia	julia	PROPN
gujaf-55	42	20	(	(	PUNCT
gujaf-55	42	21	2013	2013	NUM
gujaf-55	42	22	)	)	PUNCT
gujaf-55	42	23	summed	sum	VERB
gujaf-55	42	24	into	into	ADP
gujaf-55	42	25	four	four	NUM
gujaf-55	42	26	.	.	PUNCT
gujaf-55	43	1	the	the	DET
gujaf-55	43	2	first	first	ADJ
gujaf-55	43	3	approach	approach	NOUN
gujaf-55	43	4	views	view	VERB
gujaf-55	43	5	capital	capital	NOUN
gujaf-55	43	6	structure	structure	NOUN
gujaf-55	43	7	as	as	ADP
gujaf-55	43	8	the	the	DET
gujaf-55	43	9	proportion	proportion	NOUN
gujaf-55	43	10	of	of	ADP
gujaf-55	43	11	total	total	ADJ
gujaf-55	43	12	debt	debt	NOUN
gujaf-55	43	13	and	and	CCONJ
gujaf-55	43	14	equity	equity	NOUN
gujaf-55	43	15	(	(	PUNCT
gujaf-55	43	16	rajan	rajan	PROPN
gujaf-55	43	17	&	&	CCONJ
gujaf-55	43	18	zingales	zingales	PROPN
gujaf-55	43	19	,	,	PUNCT
gujaf-55	43	20	1995	1995	NUM
gujaf-55	43	21	;	;	PUNCT
gujaf-55	43	22	booth	booth	NOUN
gujaf-55	43	23	et	et	PROPN
gujaf-55	43	24	al	al	PROPN
gujaf-55	43	25	,	,	PUNCT
gujaf-55	43	26	2001	2001	NUM
gujaf-55	43	27	;	;	PUNCT
gujaf-55	43	28	olakunle	olakunle	PROPN
gujaf-55	43	29	&	&	CCONJ
gujaf-55	43	30	oni	oni	PROPN
gujaf-55	43	31	,	,	PUNCT
gujaf-55	43	32	2014	2014	NUM
gujaf-55	43	33	;	;	PUNCT
gujaf-55	43	34	martina	martina	PROPN
gujaf-55	43	35	,	,	PUNCT
gujaf-55	43	36	2015	2015	NUM
gujaf-55	43	37	)	)	PUNCT
gujaf-55	43	38	.	.	PUNCT
gujaf-55	44	1	the	the	DET
gujaf-55	44	2	second	second	ADJ
gujaf-55	44	3	approach	approach	NOUN
gujaf-55	44	4	sees	see	VERB
gujaf-55	44	5	capital	capital	NOUN
gujaf-55	44	6	structure	structure	NOUN
gujaf-55	44	7	as	as	ADP
gujaf-55	44	8	the	the	DET
gujaf-55	44	9	fixed	fix	VERB
gujaf-55	44	10	capital	capital	NOUN
gujaf-55	44	11	in	in	ADP
gujaf-55	44	12	an	an	DET
gujaf-55	44	13	organisation	organisation	NOUN
gujaf-55	44	14	,	,	PUNCT
gujaf-55	44	15	that	that	ADV
gujaf-55	44	16	is	is	ADV
gujaf-55	44	17	,	,	PUNCT
gujaf-55	44	18	the	the	DET
gujaf-55	44	19	relationship	relationship	NOUN
gujaf-55	44	20	between	between	ADP
gujaf-55	44	21	long	long	ADJ
gujaf-55	44	22	-	-	PUNCT
gujaf-55	44	23	term	term	NOUN
gujaf-55	44	24	debt	debt	NOUN
gujaf-55	44	25	and	and	CCONJ
gujaf-55	44	26	equity	equity	NOUN
gujaf-55	44	27	(	(	PUNCT
gujaf-55	44	28	frank	frank	PROPN
gujaf-55	44	29	&	&	CCONJ
gujaf-55	44	30	goyal	goyal	PROPN
gujaf-55	44	31	,	,	PUNCT
gujaf-55	44	32	2008	2008	NUM
gujaf-55	44	33	;	;	PUNCT
gujaf-55	44	34	ajao	ajao	PROPN
gujaf-55	44	35	&	&	CCONJ
gujaf-55	44	36	ema	ema	PROPN
gujaf-55	44	37	,	,	PUNCT
gujaf-55	44	38	2012	2012	NUM
gujaf-55	44	39	;	;	PUNCT
gujaf-55	44	40	kinde	kinde	PROPN
gujaf-55	44	41	,	,	PUNCT
gujaf-55	44	42	2013	2013	NUM
gujaf-55	44	43	)	)	PUNCT
gujaf-55	44	44	.	.	PUNCT
gujaf-55	45	1	the	the	DET
gujaf-55	45	2	third	third	ADJ
gujaf-55	45	3	approach	approach	NOUN
gujaf-55	45	4	sees	see	VERB
gujaf-55	45	5	capital	capital	NOUN
gujaf-55	45	6	structure	structure	NOUN
gujaf-55	45	7	as	as	ADP
gujaf-55	45	8	the	the	DET
gujaf-55	45	9	issued	issue	VERB
gujaf-55	45	10	securities	security	NOUN
gujaf-55	45	11	(	(	PUNCT
gujaf-55	45	12	brealey	brealey	PROPN
gujaf-55	45	13	&	&	CCONJ
gujaf-55	45	14	myers	myers	PROPN
gujaf-55	45	15	,	,	PUNCT
gujaf-55	45	16	1999	1999	NUM
gujaf-55	45	17	)	)	PUNCT
gujaf-55	45	18	.	.	PUNCT
gujaf-55	46	1	the	the	DET
gujaf-55	46	2	fourth	fourth	ADJ
gujaf-55	46	3	approach	approach	NOUN
gujaf-55	46	4	includes	include	VERB
gujaf-55	46	5	only	only	ADV
gujaf-55	46	6	the	the	DET
gujaf-55	46	7	shareholder	shareholder	NOUN
gujaf-55	46	8	’s	’s	PART
gujaf-55	46	9	equity	equity	NOUN
gujaf-55	46	10	and	and	CCONJ
gujaf-55	46	11	those	those	DET
gujaf-55	46	12	components	component	NOUN
gujaf-55	46	13	of	of	ADP
gujaf-55	46	14	capital	capital	NOUN
gujaf-55	46	15	the	the	DET
gujaf-55	46	16	use	use	NOUN
gujaf-55	46	17	of	of	ADP
gujaf-55	46	18	which	which	PRON
gujaf-55	46	19	entails	entail	VERB
gujaf-55	46	20	incurring	incur	VERB
gujaf-55	46	21	interest	interest	NOUN
gujaf-55	46	22	expenses	expense	NOUN
gujaf-55	46	23	by	by	ADP
gujaf-55	46	24	the	the	DET
gujaf-55	46	25	company	company	NOUN
gujaf-55	46	26	(	(	PUNCT
gujaf-55	46	27	ross	ross	PROPN
gujaf-55	46	28	et	et	PROPN
gujaf-55	46	29	al	al	PROPN
gujaf-55	46	30	.	.	PROPN
gujaf-55	46	31	,	,	PUNCT
gujaf-55	46	32	1990	1990	NUM
gujaf-55	46	33	)	)	PUNCT
gujaf-55	46	34	.	.	PUNCT
gujaf-55	47	1	whereas	whereas	ADV
gujaf-55	47	2	,	,	PUNCT
gujaf-55	47	3	julia	julia	PROPN
gujaf-55	47	4	(	(	PUNCT
gujaf-55	47	5	2013	2013	NUM
gujaf-55	47	6	)	)	PUNCT
gujaf-55	47	7	opined	opine	VERB
gujaf-55	47	8	that	that	SCONJ
gujaf-55	47	9	,	,	PUNCT
gujaf-55	47	10	capital	capital	NOUN
gujaf-55	47	11	structure	structure	NOUN
gujaf-55	47	12	measurements	measurement	NOUN
gujaf-55	47	13	should	should	AUX
gujaf-55	47	14	depend	depend	VERB
gujaf-55	47	15	on	on	ADP
gujaf-55	47	16	the	the	DET
gujaf-55	47	17	purpose	purpose	NOUN
gujaf-55	47	18	gusau	gusau	ADJ
gujaf-55	47	19	journal	journal	NOUN
gujaf-55	47	20	of	of	ADP
gujaf-55	47	21	accounting	accounting	NOUN
gujaf-55	47	22	and	and	CCONJ
gujaf-55	47	23	finance	finance	NOUN
gujaf-55	47	24	,	,	PUNCT
gujaf-55	47	25	vol	vol	NOUN
gujaf-55	47	26	.	.	PROPN
gujaf-55	47	27	2	2	NUM
gujaf-55	47	28	,	,	PUNCT
gujaf-55	47	29	issue	issue	NOUN
gujaf-55	47	30	1	1	NUM
gujaf-55	47	31	,	,	PUNCT
gujaf-55	47	32	april	april	PROPN
gujaf-55	47	33	,	,	PUNCT
gujaf-55	47	34	2021	2021	NUM
gujaf-55	47	35	4	4	NUM
gujaf-55	47	36	of	of	ADP
gujaf-55	47	37	the	the	DET
gujaf-55	47	38	analysis	analysis	NOUN
gujaf-55	47	39	bearing	bear	VERB
gujaf-55	47	40	in	in	ADP
gujaf-55	47	41	mind	mind	NOUN
gujaf-55	47	42	the	the	DET
gujaf-55	47	43	effect	effect	NOUN
gujaf-55	47	44	of	of	ADP
gujaf-55	47	45	corporate	corporate	ADJ
gujaf-55	47	46	financial	financial	ADJ
gujaf-55	47	47	decisions	decision	NOUN
gujaf-55	47	48	.	.	PUNCT
gujaf-55	48	1	these	these	DET
gujaf-55	48	2	decisions	decision	NOUN
gujaf-55	48	3	are	be	AUX
gujaf-55	48	4	probably	probably	ADV
gujaf-55	48	5	best	well	ADV
gujaf-55	48	6	represented	represent	VERB
gujaf-55	48	7	by	by	ADP
gujaf-55	48	8	the	the	DET
gujaf-55	48	9	relationship	relationship	NOUN
gujaf-55	48	10	of	of	ADP
gujaf-55	48	11	total	total	ADJ
gujaf-55	48	12	debt	debt	NOUN
gujaf-55	48	13	and	and	CCONJ
gujaf-55	48	14	total	total	ADJ
gujaf-55	48	15	capital	capital	NOUN
gujaf-55	48	16	employed	employ	VERB
gujaf-55	48	17	,	,	PUNCT
gujaf-55	48	18	as	as	SCONJ
gujaf-55	48	19	defined	define	VERB
gujaf-55	48	20	by	by	ADP
gujaf-55	48	21	rajan	rajan	PROPN
gujaf-55	48	22	and	and	CCONJ
gujaf-55	48	23	zingales	zingales	PROPN
gujaf-55	48	24	(	(	PUNCT
gujaf-55	48	25	1995	1995	NUM
gujaf-55	48	26	)	)	PUNCT
gujaf-55	48	27	–	–	PUNCT
gujaf-55	48	28	the	the	DET
gujaf-55	48	29	sum	sum	NOUN
gujaf-55	48	30	of	of	ADP
gujaf-55	48	31	equity	equity	NOUN
gujaf-55	48	32	and	and	CCONJ
gujaf-55	48	33	total	total	ADJ
gujaf-55	48	34	debt	debt	NOUN
gujaf-55	48	35	.	.	PUNCT
gujaf-55	49	1	therefore	therefore	ADV
gujaf-55	49	2	,	,	PUNCT
gujaf-55	49	3	this	this	DET
gujaf-55	49	4	study	study	NOUN
gujaf-55	49	5	sees	see	VERB
gujaf-55	49	6	the	the	DET
gujaf-55	49	7	proportion	proportion	NOUN
gujaf-55	49	8	of	of	ADP
gujaf-55	49	9	debt	debt	NOUN
gujaf-55	49	10	to	to	ADP
gujaf-55	49	11	total	total	ADJ
gujaf-55	49	12	assets	asset	NOUN
gujaf-55	49	13	as	as	ADP
gujaf-55	49	14	capital	capital	NOUN
gujaf-55	49	15	structure	structure	NOUN
gujaf-55	49	16	.	.	PUNCT
gujaf-55	50	1	this	this	PRON
gujaf-55	50	2	is	be	AUX
gujaf-55	50	3	because	because	SCONJ
gujaf-55	50	4	the	the	DET
gujaf-55	50	5	debt	debt	NOUN
gujaf-55	50	6	ratio	ratio	NOUN
gujaf-55	50	7	's	's	PART
gujaf-55	50	8	focal	focal	ADJ
gujaf-55	50	9	point	point	NOUN
gujaf-55	50	10	is	be	AUX
gujaf-55	50	11	the	the	DET
gujaf-55	50	12	link	link	NOUN
gujaf-55	50	13	between	between	ADP
gujaf-55	50	14	debt	debt	NOUN
gujaf-55	50	15	obligations	obligation	NOUN
gujaf-55	50	16	and	and	CCONJ
gujaf-55	50	17	a	a	DET
gujaf-55	50	18	company	company	NOUN
gujaf-55	50	19	's	's	PART
gujaf-55	50	20	total	total	ADJ
gujaf-55	50	21	assets	asset	NOUN
gujaf-55	50	22	base	base	NOUN
gujaf-55	50	23	.	.	PUNCT
gujaf-55	51	1	debt	debt	NOUN
gujaf-55	51	2	includes	include	VERB
gujaf-55	51	3	all	all	DET
gujaf-55	51	4	short	short	ADJ
gujaf-55	51	5	-	-	PUNCT
gujaf-55	51	6	term	term	NOUN
gujaf-55	51	7	and	and	CCONJ
gujaf-55	51	8	long	long	ADJ
gujaf-55	51	9	-	-	PUNCT
gujaf-55	51	10	term	term	NOUN
gujaf-55	51	11	obligations	obligation	NOUN
gujaf-55	51	12	.	.	PUNCT
gujaf-55	52	1	it	it	PRON
gujaf-55	52	2	should	should	AUX
gujaf-55	52	3	however	however	ADV
gujaf-55	52	4	be	be	AUX
gujaf-55	52	5	noted	note	VERB
gujaf-55	52	6	that	that	SCONJ
gujaf-55	52	7	market	market	NOUN
gujaf-55	52	8	definition	definition	NOUN
gujaf-55	52	9	of	of	ADP
gujaf-55	52	10	leverage	leverage	NOUN
gujaf-55	52	11	as	as	SCONJ
gujaf-55	52	12	given	give	VERB
gujaf-55	52	13	by	by	ADP
gujaf-55	52	14	frank	frank	PROPN
gujaf-55	52	15	and	and	CCONJ
gujaf-55	52	16	goyal	goyal	PROPN
gujaf-55	52	17	(	(	PUNCT
gujaf-55	52	18	2009	2009	NUM
gujaf-55	52	19	)	)	PUNCT
gujaf-55	52	20	,	,	PUNCT
gujaf-55	52	21	mitto	mitto	NOUN
gujaf-55	52	22	and	and	CCONJ
gujaf-55	52	23	zhang	zhang	PROPN
gujaf-55	52	24	(	(	PUNCT
gujaf-55	52	25	2008	2008	NUM
gujaf-55	52	26	)	)	PUNCT
gujaf-55	52	27	and	and	CCONJ
gujaf-55	52	28	ovtchinnikov	ovtchinnikov	PROPN
gujaf-55	52	29	(	(	PUNCT
gujaf-55	52	30	2010	2010	NUM
gujaf-55	52	31	)	)	PUNCT
gujaf-55	52	32	is	be	AUX
gujaf-55	52	33	adopted	adopt	VERB
gujaf-55	52	34	for	for	ADP
gujaf-55	52	35	this	this	DET
gujaf-55	52	36	study	study	NOUN
gujaf-55	52	37	.	.	PUNCT
gujaf-55	53	1	hence	hence	ADV
gujaf-55	53	2	,	,	PUNCT
gujaf-55	53	3	market	market	NOUN
gujaf-55	53	4	leverage	leverage	NOUN
gujaf-55	53	5	is	be	AUX
gujaf-55	53	6	defined	define	VERB
gujaf-55	53	7	and	and	CCONJ
gujaf-55	53	8	measured	measure	VERB
gujaf-55	53	9	as	as	ADP
gujaf-55	53	10	the	the	DET
gujaf-55	53	11	ratio	ratio	NOUN
gujaf-55	53	12	of	of	ADP
gujaf-55	53	13	total	total	ADJ
gujaf-55	53	14	debt	debt	NOUN
gujaf-55	53	15	divided	divide	VERB
gujaf-55	53	16	by	by	ADP
gujaf-55	53	17	market	market	NOUN
gujaf-55	53	18	value	value	NOUN
gujaf-55	53	19	of	of	ADP
gujaf-55	53	20	asset	asset	NOUN
gujaf-55	53	21	(	(	PUNCT
gujaf-55	53	22	mva	mva	NOUN
gujaf-55	53	23	)	)	PUNCT
gujaf-55	53	24	in	in	ADP
gujaf-55	53	25	line	line	NOUN
gujaf-55	53	26	with	with	ADP
gujaf-55	53	27	definition	definition	NOUN
gujaf-55	53	28	given	give	VERB
gujaf-55	53	29	by	by	ADP
gujaf-55	53	30	frank	frank	PROPN
gujaf-55	53	31	and	and	CCONJ
gujaf-55	53	32	goyal	goyal	PROPN
gujaf-55	53	33	(	(	PUNCT
gujaf-55	53	34	2009	2009	NUM
gujaf-55	53	35	)	)	PUNCT
gujaf-55	53	36	,	,	PUNCT
gujaf-55	53	37	mitto	mitto	NOUN
gujaf-55	53	38	and	and	CCONJ
gujaf-55	53	39	zhang	zhang	PROPN
gujaf-55	53	40	(	(	PUNCT
gujaf-55	53	41	2008	2008	NUM
gujaf-55	53	42	)	)	PUNCT
gujaf-55	53	43	and	and	CCONJ
gujaf-55	53	44	ovtchinnikov	ovtchinnikov	PROPN
gujaf-55	53	45	(	(	PUNCT
gujaf-55	53	46	2010	2010	NUM
gujaf-55	53	47	)	)	PUNCT
gujaf-55	53	48	.	.	PUNCT
gujaf-55	54	1	mva	mva	NOUN
gujaf-55	54	2	is	be	AUX
gujaf-55	54	3	equal	equal	ADJ
gujaf-55	54	4	to	to	PART
gujaf-55	54	5	total	total	VERB
gujaf-55	54	6	debt	debt	NOUN
gujaf-55	54	7	divided	divide	VERB
gujaf-55	54	8	by	by	ADP
gujaf-55	54	9	market	market	NOUN
gujaf-55	54	10	value	value	NOUN
gujaf-55	54	11	of	of	ADP
gujaf-55	54	12	equity	equity	NOUN
gujaf-55	54	13	(	(	PUNCT
gujaf-55	54	14	price	price	NOUN
gujaf-55	54	15	x	x	SYM
gujaf-55	54	16	outstanding	outstanding	ADJ
gujaf-55	54	17	shares	share	NOUN
gujaf-55	54	18	)	)	PUNCT
gujaf-55	54	19	plus	plus	CCONJ
gujaf-55	54	20	book	book	NOUN
gujaf-55	54	21	value	value	NOUN
gujaf-55	54	22	of	of	ADP
gujaf-55	54	23	long	long	ADJ
gujaf-55	54	24	-	-	PUNCT
gujaf-55	54	25	term	term	NOUN
gujaf-55	54	26	debt	debt	NOUN
gujaf-55	54	27	and	and	CCONJ
gujaf-55	54	28	short	short	ADJ
gujaf-55	54	29	-	-	PUNCT
gujaf-55	54	30	term	term	NOUN
gujaf-55	54	31	debt	debt	NOUN
gujaf-55	54	32	plus	plus	CCONJ
gujaf-55	54	33	preferred	preferred	ADJ
gujaf-55	54	34	stock	stock	NOUN
gujaf-55	54	35	.	.	PUNCT
gujaf-55	55	1	however	however	ADV
gujaf-55	55	2	,	,	PUNCT
gujaf-55	55	3	dhingra	dhingra	PROPN
gujaf-55	55	4	and	and	CCONJ
gujaf-55	55	5	dev	dev	PROPN
gujaf-55	55	6	(	(	PUNCT
gujaf-55	55	7	2016	2016	NUM
gujaf-55	55	8	)	)	PUNCT
gujaf-55	55	9	observed	observe	VERB
gujaf-55	55	10	that	that	SCONJ
gujaf-55	55	11	,	,	PUNCT
gujaf-55	55	12	the	the	DET
gujaf-55	55	13	investigation	investigation	NOUN
gujaf-55	55	14	of	of	ADP
gujaf-55	55	15	total	total	ADJ
gujaf-55	55	16	debt	debt	NOUN
gujaf-55	55	17	ratio	ratio	NOUN
gujaf-55	55	18	may	may	AUX
gujaf-55	55	19	generate	generate	VERB
gujaf-55	55	20	results	result	NOUN
gujaf-55	55	21	which	which	PRON
gujaf-55	55	22	are	be	AUX
gujaf-55	55	23	difficult	difficult	ADJ
gujaf-55	55	24	to	to	PART
gujaf-55	55	25	interpret	interpret	VERB
gujaf-55	55	26	due	due	ADP
gujaf-55	55	27	to	to	ADP
gujaf-55	55	28	the	the	DET
gujaf-55	55	29	inclusion	inclusion	NOUN
gujaf-55	55	30	of	of	ADP
gujaf-55	55	31	trade	trade	NOUN
gujaf-55	55	32	credits	credit	NOUN
gujaf-55	55	33	in	in	ADP
gujaf-55	55	34	the	the	DET
gujaf-55	55	35	amount	amount	NOUN
gujaf-55	55	36	of	of	ADP
gujaf-55	55	37	short	short	ADJ
gujaf-55	55	38	-	-	PUNCT
gujaf-55	55	39	term	term	NOUN
gujaf-55	55	40	debt	debt	NOUN
gujaf-55	55	41	.	.	PUNCT
gujaf-55	56	1	therefore	therefore	ADV
gujaf-55	56	2	,	,	PUNCT
gujaf-55	56	3	another	another	DET
gujaf-55	56	4	leverage	leverage	NOUN
gujaf-55	56	5	measure	measure	NOUN
gujaf-55	56	6	is	be	AUX
gujaf-55	56	7	considered	consider	VERB
gujaf-55	56	8	.	.	PUNCT
gujaf-55	57	1	that	that	PRON
gujaf-55	57	2	is	be	AUX
gujaf-55	57	3	the	the	DET
gujaf-55	57	4	measure	measure	NOUN
gujaf-55	57	5	based	base	VERB
gujaf-55	57	6	on	on	ADP
gujaf-55	57	7	long	long	ADJ
gujaf-55	57	8	-	-	PUNCT
gujaf-55	57	9	term	term	NOUN
gujaf-55	57	10	liabilities	liability	NOUN
gujaf-55	57	11	proportion	proportion	NOUN
gujaf-55	57	12	in	in	ADP
gujaf-55	57	13	the	the	DET
gujaf-55	57	14	capital	capital	NOUN
gujaf-55	57	15	structure	structure	NOUN
gujaf-55	57	16	.	.	PUNCT
gujaf-55	58	1	liquidity	liquidity	NOUN
gujaf-55	58	2	is	be	AUX
gujaf-55	58	3	a	a	DET
gujaf-55	58	4	variable	variable	NOUN
gujaf-55	58	5	whose	whose	DET
gujaf-55	58	6	importance	importance	NOUN
gujaf-55	58	7	is	be	AUX
gujaf-55	58	8	worthy	worthy	ADJ
gujaf-55	58	9	of	of	ADP
gujaf-55	58	10	emphasis	emphasis	NOUN
gujaf-55	58	11	in	in	ADP
gujaf-55	58	12	the	the	DET
gujaf-55	58	13	financial	financial	ADJ
gujaf-55	58	14	decision	decision	NOUN
gujaf-55	58	15	-	-	PUNCT
gujaf-55	58	16	making	make	VERB
gujaf-55	58	17	process	process	NOUN
gujaf-55	58	18	of	of	ADP
gujaf-55	58	19	any	any	DET
gujaf-55	58	20	business	business	NOUN
gujaf-55	58	21	organization	organization	NOUN
gujaf-55	58	22	whose	whose	DET
gujaf-55	58	23	aim	aim	NOUN
gujaf-55	58	24	is	be	AUX
gujaf-55	58	25	to	to	PART
gujaf-55	58	26	make	make	VERB
gujaf-55	58	27	profit	profit	NOUN
gujaf-55	58	28	and	and	CCONJ
gujaf-55	58	29	maximize	maximize	VERB
gujaf-55	58	30	the	the	DET
gujaf-55	58	31	wealth	wealth	NOUN
gujaf-55	58	32	of	of	ADP
gujaf-55	58	33	the	the	DET
gujaf-55	58	34	shareholders	shareholder	NOUN
gujaf-55	58	35	.	.	PUNCT
gujaf-55	59	1	liquidity	liquidity	NOUN
gujaf-55	59	2	helps	help	VERB
gujaf-55	59	3	a	a	DET
gujaf-55	59	4	company	company	NOUN
gujaf-55	59	5	to	to	PART
gujaf-55	59	6	discharge	discharge	VERB
gujaf-55	59	7	its	its	PRON
gujaf-55	59	8	short	short	ADJ
gujaf-55	59	9	and	and	CCONJ
gujaf-55	59	10	long	long	ADJ
gujaf-55	59	11	-	-	PUNCT
gujaf-55	59	12	term	term	NOUN
gujaf-55	59	13	financial	financial	ADJ
gujaf-55	59	14	burdens	burden	NOUN
gujaf-55	59	15	.	.	PUNCT
gujaf-55	60	1	so	so	ADV
gujaf-55	60	2	,	,	PUNCT
gujaf-55	60	3	debt	debt	NOUN
gujaf-55	60	4	interests	interest	NOUN
gujaf-55	60	5	are	be	AUX
gujaf-55	60	6	easily	easily	ADV
gujaf-55	60	7	paid	pay	VERB
gujaf-55	60	8	-	-	PUNCT
gujaf-55	60	9	off	off	NOUN
gujaf-55	60	10	when	when	SCONJ
gujaf-55	60	11	a	a	DET
gujaf-55	60	12	company	company	NOUN
gujaf-55	60	13	is	be	AUX
gujaf-55	60	14	having	have	VERB
gujaf-55	60	15	high	high	ADJ
gujaf-55	60	16	liquidity	liquidity	NOUN
gujaf-55	60	17	(	(	PUNCT
gujaf-55	60	18	jahfer	jahfer	NOUN
gujaf-55	60	19	&	&	CCONJ
gujaf-55	60	20	madurasinghe	madurasinghe	NOUN
gujaf-55	60	21	,	,	PUNCT
gujaf-55	60	22	2019	2019	NUM
gujaf-55	60	23	)	)	PUNCT
gujaf-55	60	24	.	.	PUNCT
gujaf-55	61	1	financing	financing	NOUN
gujaf-55	61	2	of	of	ADP
gujaf-55	61	3	investments	investment	NOUN
gujaf-55	61	4	may	may	AUX
gujaf-55	61	5	be	be	AUX
gujaf-55	61	6	carried	carry	VERB
gujaf-55	61	7	out	out	ADP
gujaf-55	61	8	by	by	ADP
gujaf-55	61	9	a	a	DET
gujaf-55	61	10	company	company	NOUN
gujaf-55	61	11	when	when	SCONJ
gujaf-55	61	12	external	external	ADJ
gujaf-55	61	13	financing	financing	NOUN
gujaf-55	61	14	is	be	AUX
gujaf-55	61	15	difficult	difficult	ADJ
gujaf-55	61	16	to	to	PART
gujaf-55	61	17	get	get	VERB
gujaf-55	61	18	or	or	CCONJ
gujaf-55	61	19	expensive	expensive	ADJ
gujaf-55	61	20	.	.	PUNCT
gujaf-55	62	1	similarly	similarly	ADV
gujaf-55	62	2	,	,	PUNCT
gujaf-55	62	3	when	when	SCONJ
gujaf-55	62	4	revenues	revenue	NOUN
gujaf-55	62	5	are	be	AUX
gujaf-55	62	6	low	low	ADJ
gujaf-55	62	7	and	and	CCONJ
gujaf-55	62	8	also	also	ADV
gujaf-55	62	9	when	when	SCONJ
gujaf-55	62	10	unexpected	unexpected	ADJ
gujaf-55	62	11	expenses	expense	NOUN
gujaf-55	62	12	spur	spur	NOUN
gujaf-55	62	13	,	,	PUNCT
gujaf-55	62	14	high	high	ADJ
gujaf-55	62	15	liquidity	liquidity	NOUN
gujaf-55	62	16	enables	enable	VERB
gujaf-55	62	17	a	a	DET
gujaf-55	62	18	company	company	NOUN
gujaf-55	62	19	to	to	PART
gujaf-55	62	20	sail	sail	VERB
gujaf-55	62	21	through	through	ADP
gujaf-55	62	22	steamlessly	steamlessly	ADV
gujaf-55	62	23	(	(	PUNCT
gujaf-55	62	24	ghasemi	ghasemi	PROPN
gujaf-55	62	25	&	&	CCONJ
gujaf-55	62	26	abrazak	abrazak	PROPN
gujaf-55	62	27	,	,	PUNCT
gujaf-55	62	28	2016	2016	NUM
gujaf-55	62	29	)	)	PUNCT
gujaf-55	62	30	.	.	PUNCT
gujaf-55	63	1	the	the	DET
gujaf-55	63	2	quick	quick	ADJ
gujaf-55	63	3	,	,	PUNCT
gujaf-55	63	4	or	or	CCONJ
gujaf-55	63	5	acid	acid	NOUN
gujaf-55	63	6	-	-	PUNCT
gujaf-55	63	7	test	test	NOUN
gujaf-55	63	8	,	,	PUNCT
gujaf-55	63	9	ratio	ratio	NOUN
gujaf-55	63	10	is	be	AUX
gujaf-55	63	11	used	use	VERB
gujaf-55	63	12	to	to	PART
gujaf-55	63	13	measure	measure	VERB
gujaf-55	63	14	liquidity	liquidity	NOUN
gujaf-55	63	15	.	.	PUNCT
gujaf-55	64	1	ramlall	ramlall	NOUN
gujaf-55	64	2	(	(	PUNCT
gujaf-55	64	3	2009	2009	NUM
gujaf-55	64	4	)	)	PUNCT
gujaf-55	64	5	used	use	VERB
gujaf-55	64	6	the	the	DET
gujaf-55	64	7	current	current	ADJ
gujaf-55	64	8	ratio	ratio	NOUN
gujaf-55	64	9	to	to	PART
gujaf-55	64	10	measure	measure	VERB
gujaf-55	64	11	liquidity	liquidity	NOUN
gujaf-55	64	12	and	and	CCONJ
gujaf-55	64	13	defined	define	VERB
gujaf-55	64	14	liquidity	liquidity	NOUN
gujaf-55	64	15	as	as	ADP
gujaf-55	64	16	a	a	DET
gujaf-55	64	17	measure	measure	NOUN
gujaf-55	64	18	of	of	ADP
gujaf-55	64	19	current	current	ADJ
gujaf-55	64	20	assets	asset	NOUN
gujaf-55	64	21	over	over	ADP
gujaf-55	64	22	current	current	ADJ
gujaf-55	64	23	liabilities	liability	NOUN
gujaf-55	64	24	.	.	PUNCT
gujaf-55	65	1	sharif	sharif	PROPN
gujaf-55	65	2	et	et	PROPN
gujaf-55	65	3	al	al	PROPN
gujaf-55	65	4	(	(	PUNCT
gujaf-55	65	5	2012	2012	NUM
gujaf-55	65	6	)	)	PUNCT
gujaf-55	65	7	also	also	ADV
gujaf-55	65	8	used	use	VERB
gujaf-55	65	9	the	the	DET
gujaf-55	65	10	current	current	ADJ
gujaf-55	65	11	ratio	ratio	NOUN
gujaf-55	65	12	similar	similar	ADJ
gujaf-55	65	13	to	to	ADP
gujaf-55	65	14	that	that	PRON
gujaf-55	65	15	of	of	ADP
gujaf-55	65	16	ramlall	ramlall	NOUN
gujaf-55	65	17	(	(	PUNCT
gujaf-55	65	18	2009	2009	NUM
gujaf-55	65	19	)	)	PUNCT
gujaf-55	65	20	.	.	PUNCT
gujaf-55	66	1	on	on	ADP
gujaf-55	66	2	the	the	DET
gujaf-55	66	3	other	other	ADJ
gujaf-55	66	4	hand	hand	NOUN
gujaf-55	66	5	,	,	PUNCT
gujaf-55	66	6	zabri	zabri	NOUN
gujaf-55	66	7	(	(	PUNCT
gujaf-55	66	8	2012	2012	NUM
gujaf-55	66	9	)	)	PUNCT
gujaf-55	66	10	as	as	ADV
gujaf-55	66	11	well	well	ADV
gujaf-55	66	12	as	as	ADP
gujaf-55	66	13	ghamesi	ghamesi	NOUN
gujaf-55	66	14	&	&	CCONJ
gujaf-55	66	15	abrazak	abrazak	PROPN
gujaf-55	66	16	(	(	PUNCT
gujaf-55	66	17	2016	2016	NUM
gujaf-55	66	18	)	)	PUNCT
gujaf-55	66	19	defined	define	VERB
gujaf-55	66	20	liquidity	liquidity	NOUN
gujaf-55	66	21	using	use	VERB
gujaf-55	66	22	both	both	CCONJ
gujaf-55	66	23	quick	quick	ADJ
gujaf-55	66	24	and	and	CCONJ
gujaf-55	66	25	acid	acid	ADJ
gujaf-55	66	26	ratios	ratio	NOUN
gujaf-55	66	27	as	as	ADP
gujaf-55	66	28	thus	thus	ADV
gujaf-55	66	29	;	;	PUNCT
gujaf-55	66	30	quick	quick	ADJ
gujaf-55	66	31	ratio	ratio	NOUN
gujaf-55	66	32	:	:	PUNCT
gujaf-55	66	33	(	(	PUNCT
gujaf-55	66	34	current	current	ADJ
gujaf-55	66	35	assets	asset	NOUN
gujaf-55	66	36	–	–	PUNCT
gujaf-55	66	37	inventories)/	inventories)/	NOUN
gujaf-55	66	38	total	total	ADJ
gujaf-55	66	39	assets	asset	NOUN
gujaf-55	66	40	,	,	PUNCT
gujaf-55	66	41	and	and	CCONJ
gujaf-55	66	42	current	current	ADJ
gujaf-55	66	43	ratio	ratio	NOUN
gujaf-55	66	44	:	:	PUNCT
gujaf-55	66	45	current	current	ADJ
gujaf-55	66	46	assets	asset	NOUN
gujaf-55	66	47	/current	/current	PUNCT
gujaf-55	66	48	liabilities	liability	NOUN
gujaf-55	66	49	.	.	PUNCT
gujaf-55	67	1	these	these	DET
gujaf-55	67	2	ratios	ratio	NOUN
gujaf-55	67	3	show	show	VERB
gujaf-55	67	4	the	the	DET
gujaf-55	67	5	ability	ability	NOUN
gujaf-55	67	6	of	of	ADP
gujaf-55	67	7	the	the	DET
gujaf-55	67	8	company	company	NOUN
gujaf-55	67	9	to	to	PART
gujaf-55	67	10	deliver	deliver	VERB
gujaf-55	67	11	on	on	ADP
gujaf-55	67	12	both	both	CCONJ
gujaf-55	67	13	its	its	PRON
gujaf-55	67	14	short	short	ADJ
gujaf-55	67	15	-	-	PUNCT
gujaf-55	67	16	term	term	NOUN
gujaf-55	67	17	and	and	CCONJ
gujaf-55	67	18	long	long	ADJ
gujaf-55	67	19	term	term	NOUN
gujaf-55	67	20	financial	financial	ADJ
gujaf-55	67	21	commitments	commitment	NOUN
gujaf-55	67	22	and	and	CCONJ
gujaf-55	67	23	they	they	PRON
gujaf-55	67	24	measure	measure	VERB
gujaf-55	67	25	the	the	DET
gujaf-55	67	26	liquidity	liquidity	NOUN
gujaf-55	67	27	of	of	ADP
gujaf-55	67	28	the	the	DET
gujaf-55	67	29	company	company	NOUN
gujaf-55	67	30	.	.	PUNCT
gujaf-55	68	1	this	this	DET
gujaf-55	68	2	study	study	NOUN
gujaf-55	68	3	adopts	adopt	VERB
gujaf-55	68	4	the	the	DET
gujaf-55	68	5	current	current	ADJ
gujaf-55	68	6	ratio	ratio	NOUN
gujaf-55	68	7	in	in	ADP
gujaf-55	68	8	line	line	NOUN
gujaf-55	68	9	with	with	ADP
gujaf-55	68	10	ramlall	ramlall	NOUN
gujaf-55	68	11	(	(	PUNCT
gujaf-55	68	12	2009	2009	NUM
gujaf-55	68	13	)	)	PUNCT
gujaf-55	68	14	.	.	PUNCT
gujaf-55	69	1	although	although	SCONJ
gujaf-55	69	2	the	the	DET
gujaf-55	69	3	quick	quick	ADJ
gujaf-55	69	4	ratio	ratio	NOUN
gujaf-55	69	5	is	be	AUX
gujaf-55	69	6	a	a	DET
gujaf-55	69	7	measure	measure	NOUN
gujaf-55	69	8	that	that	PRON
gujaf-55	69	9	further	far	ADV
gujaf-55	69	10	refined	refine	VERB
gujaf-55	69	11	current	current	ADJ
gujaf-55	69	12	ratio	ratio	NOUN
gujaf-55	69	13	by	by	ADP
gujaf-55	69	14	measuring	measure	VERB
gujaf-55	69	15	only	only	ADV
gujaf-55	69	16	the	the	DET
gujaf-55	69	17	most	most	ADV
gujaf-55	69	18	liquid	liquid	ADJ
gujaf-55	69	19	assets	asset	NOUN
gujaf-55	69	20	to	to	PART
gujaf-55	69	21	cover	cover	VERB
gujaf-55	69	22	current	current	ADJ
gujaf-55	69	23	liabilities	liability	NOUN
gujaf-55	69	24	,	,	PUNCT
gujaf-55	69	25	still	still	ADV
gujaf-55	69	26	current	current	ADJ
gujaf-55	69	27	ratio	ratio	NOUN
gujaf-55	69	28	is	be	AUX
gujaf-55	69	29	adopted	adopt	VERB
gujaf-55	69	30	for	for	ADP
gujaf-55	69	31	this	this	DET
gujaf-55	69	32	study	study	NOUN
gujaf-55	69	33	because	because	SCONJ
gujaf-55	69	34	oil	oil	NOUN
gujaf-55	69	35	and	and	CCONJ
gujaf-55	69	36	gas	gas	NOUN
gujaf-55	69	37	inventories	inventory	NOUN
gujaf-55	69	38	are	be	AUX
gujaf-55	69	39	highly	highly	ADV
gujaf-55	69	40	liquid	liquid	ADJ
gujaf-55	69	41	assets	asset	NOUN
gujaf-55	69	42	.	.	PUNCT
gujaf-55	70	1	liquidity	liquidity	NOUN
gujaf-55	70	2	and	and	CCONJ
gujaf-55	70	3	capital	capital	NOUN
gujaf-55	70	4	structure	structure	NOUN
gujaf-55	70	5	there	there	PRON
gujaf-55	70	6	exist	exist	VERB
gujaf-55	70	7	various	various	ADJ
gujaf-55	70	8	studies	study	NOUN
gujaf-55	70	9	conducted	conduct	VERB
gujaf-55	70	10	on	on	ADP
gujaf-55	70	11	liquidity	liquidity	NOUN
gujaf-55	70	12	and	and	CCONJ
gujaf-55	70	13	capital	capital	NOUN
gujaf-55	70	14	structure	structure	NOUN
gujaf-55	70	15	,	,	PUNCT
gujaf-55	70	16	among	among	ADP
gujaf-55	70	17	is	be	AUX
gujaf-55	70	18	the	the	DET
gujaf-55	70	19	study	study	NOUN
gujaf-55	70	20	of	of	ADP
gujaf-55	70	21	ramlall	ramlall	NOUN
gujaf-55	70	22	(	(	PUNCT
gujaf-55	70	23	2009	2009	NUM
gujaf-55	70	24	)	)	PUNCT
gujaf-55	70	25	who	who	PRON
gujaf-55	70	26	explored	explore	VERB
gujaf-55	70	27	capital	capital	NOUN
gujaf-55	70	28	structure	structure	NOUN
gujaf-55	70	29	determinants	determinant	NOUN
gujaf-55	70	30	of	of	ADP
gujaf-55	70	31	the	the	DET
gujaf-55	70	32	non	non	ADJ
gujaf-55	70	33	-	-	ADJ
gujaf-55	70	34	quoted	quote	VERB
gujaf-55	70	35	non	non	ADJ
gujaf-55	70	36	-	-	ADJ
gujaf-55	70	37	financial	financial	ADJ
gujaf-55	70	38	companies	company	NOUN
gujaf-55	70	39	in	in	ADP
gujaf-55	70	40	mauritius	mauritius	PROPN
gujaf-55	70	41	.	.	PUNCT
gujaf-55	71	1	ramlall	ramlall	PROPN
gujaf-55	71	2	(	(	PUNCT
gujaf-55	71	3	2009	2009	NUM
gujaf-55	71	4	)	)	PUNCT
gujaf-55	71	5	gathered	gather	VERB
gujaf-55	71	6	data	datum	NOUN
gujaf-55	71	7	from	from	ADP
gujaf-55	71	8	the	the	DET
gujaf-55	71	9	registrar	registrar	NOUN
gujaf-55	71	10	of	of	ADP
gujaf-55	71	11	companies	company	NOUN
gujaf-55	71	12	for	for	ADP
gujaf-55	71	13	the	the	DET
gujaf-55	71	14	period	period	NOUN
gujaf-55	71	15	2005	2005	NUM
gujaf-55	71	16	-	-	SYM
gujaf-55	71	17	2006	2006	NUM
gujaf-55	71	18	using	use	VERB
gujaf-55	71	19	395	395	NUM
gujaf-55	71	20	companies	company	NOUN
gujaf-55	71	21	.	.	PUNCT
gujaf-55	72	1	regression	regression	NOUN
gujaf-55	72	2	model	model	NOUN
gujaf-55	72	3	was	be	AUX
gujaf-55	72	4	developed	develop	VERB
gujaf-55	72	5	and	and	CCONJ
gujaf-55	72	6	used	use	VERB
gujaf-55	72	7	to	to	PART
gujaf-55	72	8	run	run	VERB
gujaf-55	72	9	the	the	DET
gujaf-55	72	10	gusau	gusau	ADJ
gujaf-55	72	11	journal	journal	NOUN
gujaf-55	72	12	of	of	ADP
gujaf-55	72	13	accounting	accounting	NOUN
gujaf-55	72	14	and	and	CCONJ
gujaf-55	72	15	finance	finance	NOUN
gujaf-55	72	16	,	,	PUNCT
gujaf-55	72	17	vol	vol	NOUN
gujaf-55	72	18	.	.	PROPN
gujaf-55	73	1	2	2	NUM
gujaf-55	73	2	,	,	PUNCT
gujaf-55	73	3	issue	issue	NOUN
gujaf-55	73	4	1	1	NUM
gujaf-55	73	5	,	,	PUNCT
gujaf-55	73	6	april	april	PROPN
gujaf-55	73	7	,	,	PUNCT
gujaf-55	73	8	2021	2021	NUM
gujaf-55	73	9	5	5	NUM
gujaf-55	73	10	data	datum	NOUN
gujaf-55	73	11	which	which	PRON
gujaf-55	73	12	revealed	reveal	VERB
gujaf-55	73	13	that	that	SCONJ
gujaf-55	73	14	liquidity	liquidity	NOUN
gujaf-55	73	15	is	be	AUX
gujaf-55	73	16	negatively	negatively	ADV
gujaf-55	73	17	related	relate	VERB
gujaf-55	73	18	to	to	ADP
gujaf-55	73	19	leverage	leverage	NOUN
gujaf-55	73	20	.	.	PUNCT
gujaf-55	74	1	however	however	ADV
gujaf-55	74	2	,	,	PUNCT
gujaf-55	74	3	current	current	ADJ
gujaf-55	74	4	assets	asset	NOUN
gujaf-55	74	5	divided	divide	VERB
gujaf-55	74	6	by	by	ADP
gujaf-55	74	7	current	current	ADJ
gujaf-55	74	8	liabilities	liability	NOUN
gujaf-55	74	9	was	be	AUX
gujaf-55	74	10	used	use	VERB
gujaf-55	74	11	to	to	PART
gujaf-55	74	12	measure	measure	VERB
gujaf-55	74	13	liability	liability	NOUN
gujaf-55	74	14	and	and	CCONJ
gujaf-55	74	15	book	book	NOUN
gujaf-55	74	16	leverage	leverage	NOUN
gujaf-55	74	17	of	of	ADP
gujaf-55	74	18	short	short	ADJ
gujaf-55	74	19	-	-	PUNCT
gujaf-55	74	20	term	term	NOUN
gujaf-55	74	21	debt	debt	NOUN
gujaf-55	74	22	and	and	CCONJ
gujaf-55	74	23	long	long	ADJ
gujaf-55	74	24	-	-	PUNCT
gujaf-55	74	25	term	term	NOUN
gujaf-55	74	26	debt	debt	NOUN
gujaf-55	74	27	measurements	measurement	NOUN
gujaf-55	74	28	were	be	AUX
gujaf-55	74	29	used	use	VERB
gujaf-55	74	30	.	.	PUNCT
gujaf-55	75	1	although	although	SCONJ
gujaf-55	75	2	large	large	ADJ
gujaf-55	75	3	sample	sample	NOUN
gujaf-55	75	4	size	size	NOUN
gujaf-55	75	5	was	be	AUX
gujaf-55	75	6	employed	employ	VERB
gujaf-55	75	7	for	for	ADP
gujaf-55	75	8	ramlall	ramlall	NOUN
gujaf-55	75	9	’s	’s	PART
gujaf-55	75	10	2009	2009	NUM
gujaf-55	75	11	study	study	NOUN
gujaf-55	75	12	,	,	PUNCT
gujaf-55	75	13	the	the	DET
gujaf-55	75	14	time	time	NOUN
gujaf-55	75	15	frame	frame	NOUN
gujaf-55	75	16	chosen	choose	VERB
gujaf-55	75	17	was	be	AUX
gujaf-55	75	18	too	too	ADV
gujaf-55	75	19	short	short	ADJ
gujaf-55	75	20	may	may	AUX
gujaf-55	75	21	not	not	PART
gujaf-55	75	22	adequately	adequately	ADV
gujaf-55	75	23	guide	guide	VERB
gujaf-55	75	24	decisions	decision	NOUN
gujaf-55	75	25	on	on	ADP
gujaf-55	75	26	capital	capital	NOUN
gujaf-55	75	27	structure	structure	NOUN
gujaf-55	75	28	.	.	PUNCT
gujaf-55	76	1	additionally	additionally	ADV
gujaf-55	76	2	,	,	PUNCT
gujaf-55	76	3	ebadi	ebadi	NOUN
gujaf-55	76	4	et	et	PROPN
gujaf-55	76	5	al	al	PROPN
gujaf-55	76	6	(	(	PUNCT
gujaf-55	76	7	2011	2011	NUM
gujaf-55	76	8	)	)	PUNCT
gujaf-55	76	9	studied	study	VERB
gujaf-55	76	10	company	company	NOUN
gujaf-55	76	11	characteristics	characteristic	NOUN
gujaf-55	76	12	and	and	CCONJ
gujaf-55	76	13	capital	capital	NOUN
gujaf-55	76	14	structure	structure	NOUN
gujaf-55	76	15	in	in	ADP
gujaf-55	76	16	iran	iran	PROPN
gujaf-55	76	17	.	.	PUNCT
gujaf-55	77	1	the	the	DET
gujaf-55	77	2	study	study	NOUN
gujaf-55	77	3	was	be	AUX
gujaf-55	77	4	done	do	VERB
gujaf-55	77	5	using	use	VERB
gujaf-55	77	6	72	72	NUM
gujaf-55	77	7	quoted	quote	VERB
gujaf-55	77	8	iranian	iranian	ADJ
gujaf-55	77	9	companies	company	NOUN
gujaf-55	77	10	and	and	CCONJ
gujaf-55	77	11	a	a	DET
gujaf-55	77	12	panel	panel	NOUN
gujaf-55	77	13	data	datum	NOUN
gujaf-55	77	14	from	from	ADP
gujaf-55	77	15	2003	2003	NUM
gujaf-55	77	16	to	to	ADP
gujaf-55	77	17	2009	2009	NUM
gujaf-55	77	18	was	be	AUX
gujaf-55	77	19	used	use	VERB
gujaf-55	77	20	.	.	PUNCT
gujaf-55	78	1	findings	finding	NOUN
gujaf-55	78	2	indicated	indicate	VERB
gujaf-55	78	3	that	that	SCONJ
gujaf-55	78	4	liquidity	liquidity	NOUN
gujaf-55	78	5	is	be	AUX
gujaf-55	78	6	negatively	negatively	ADV
gujaf-55	78	7	related	relate	VERB
gujaf-55	78	8	to	to	ADP
gujaf-55	78	9	debt	debt	NOUN
gujaf-55	78	10	ratio	ratio	NOUN
gujaf-55	78	11	.	.	PUNCT
gujaf-55	79	1	also	also	ADV
gujaf-55	79	2	in	in	ADP
gujaf-55	79	3	malaysia	malaysia	PROPN
gujaf-55	79	4	,	,	PUNCT
gujaf-55	79	5	zabri	zabri	NOUN
gujaf-55	79	6	(	(	PUNCT
gujaf-55	79	7	2012	2012	NUM
gujaf-55	79	8	)	)	PUNCT
gujaf-55	79	9	examined	examine	VERB
gujaf-55	79	10	capital	capital	NOUN
gujaf-55	79	11	structure	structure	NOUN
gujaf-55	79	12	determinants	determinant	NOUN
gujaf-55	79	13	among	among	ADP
gujaf-55	79	14	smes	sme	NOUN
gujaf-55	79	15	.	.	PUNCT
gujaf-55	80	1	fifty	fifty	NUM
gujaf-55	80	2	(	(	PUNCT
gujaf-55	80	3	50	50	NUM
gujaf-55	80	4	)	)	PUNCT
gujaf-55	80	5	award	award	NOUN
gujaf-55	80	6	winning	win	VERB
gujaf-55	80	7	smes	sme	NOUN
gujaf-55	80	8	formed	form	VERB
gujaf-55	80	9	the	the	DET
gujaf-55	80	10	population	population	NOUN
gujaf-55	80	11	of	of	ADP
gujaf-55	80	12	the	the	DET
gujaf-55	80	13	study	study	NOUN
gujaf-55	80	14	of	of	ADP
gujaf-55	80	15	which	which	PRON
gujaf-55	80	16	forty	forty	NUM
gujaf-55	80	17	-	-	PUNCT
gujaf-55	80	18	seven	seven	NUM
gujaf-55	80	19	(	(	PUNCT
gujaf-55	80	20	47	47	NUM
gujaf-55	80	21	)	)	PUNCT
gujaf-55	80	22	were	be	AUX
gujaf-55	80	23	used	use	VERB
gujaf-55	80	24	for	for	ADP
gujaf-55	80	25	the	the	DET
gujaf-55	80	26	study	study	NOUN
gujaf-55	80	27	from	from	ADP
gujaf-55	80	28	1998	1998	NUM
gujaf-55	80	29	to	to	ADP
gujaf-55	80	30	2010	2010	NUM
gujaf-55	80	31	.	.	PUNCT
gujaf-55	81	1	primary	primary	ADJ
gujaf-55	81	2	data	datum	NOUN
gujaf-55	81	3	were	be	AUX
gujaf-55	81	4	collected	collect	VERB
gujaf-55	81	5	and	and	CCONJ
gujaf-55	81	6	analyzed	analyze	VERB
gujaf-55	81	7	using	use	VERB
gujaf-55	81	8	descriptive	descriptive	ADJ
gujaf-55	81	9	,	,	PUNCT
gujaf-55	81	10	bivariate	bivariate	ADJ
gujaf-55	81	11	,	,	PUNCT
gujaf-55	81	12	and	and	CCONJ
gujaf-55	81	13	multivariate	multivariate	NOUN
gujaf-55	81	14	analyses	analysis	NOUN
gujaf-55	81	15	and	and	CCONJ
gujaf-55	81	16	the	the	DET
gujaf-55	81	17	result	result	NOUN
gujaf-55	81	18	showed	show	VERB
gujaf-55	81	19	that	that	SCONJ
gujaf-55	81	20	liquidity	liquidity	NOUN
gujaf-55	81	21	(	(	PUNCT
gujaf-55	81	22	both	both	CCONJ
gujaf-55	81	23	quick	quick	ADJ
gujaf-55	81	24	and	and	CCONJ
gujaf-55	81	25	current	current	ADJ
gujaf-55	81	26	ratios	ratio	NOUN
gujaf-55	81	27	)	)	PUNCT
gujaf-55	81	28	has	have	VERB
gujaf-55	81	29	a	a	DET
gujaf-55	81	30	negative	negative	ADJ
gujaf-55	81	31	relation	relation	NOUN
gujaf-55	81	32	with	with	ADP
gujaf-55	81	33	debt	debt	NOUN
gujaf-55	81	34	ratio	ratio	NOUN
gujaf-55	81	35	.	.	PUNCT
gujaf-55	82	1	the	the	DET
gujaf-55	82	2	use	use	NOUN
gujaf-55	82	3	of	of	ADP
gujaf-55	82	4	both	both	CCONJ
gujaf-55	82	5	quick	quick	ADJ
gujaf-55	82	6	and	and	CCONJ
gujaf-55	82	7	current	current	ADJ
gujaf-55	82	8	ratios	ratio	NOUN
gujaf-55	82	9	give	give	VERB
gujaf-55	82	10	a	a	DET
gujaf-55	82	11	better	well	ADJ
gujaf-55	82	12	understanding	understanding	NOUN
gujaf-55	82	13	on	on	ADP
gujaf-55	82	14	how	how	SCONJ
gujaf-55	82	15	healthy	healthy	ADJ
gujaf-55	82	16	a	a	DET
gujaf-55	82	17	company	company	NOUN
gujaf-55	82	18	is	be	AUX
gujaf-55	82	19	.	.	PUNCT
gujaf-55	83	1	since	since	SCONJ
gujaf-55	83	2	quick	quick	ADJ
gujaf-55	83	3	ratio	ratio	NOUN
gujaf-55	83	4	is	be	AUX
gujaf-55	83	5	more	more	ADV
gujaf-55	83	6	conservative	conservative	ADJ
gujaf-55	83	7	as	as	ADP
gujaf-55	83	8	a	a	DET
gujaf-55	83	9	measure	measure	NOUN
gujaf-55	83	10	of	of	ADP
gujaf-55	83	11	liquidity	liquidity	NOUN
gujaf-55	83	12	.	.	PUNCT
gujaf-55	84	1	a	a	DET
gujaf-55	84	2	similar	similar	ADJ
gujaf-55	84	3	study	study	NOUN
gujaf-55	84	4	was	be	AUX
gujaf-55	84	5	conducted	conduct	VERB
gujaf-55	84	6	in	in	ADP
gujaf-55	84	7	pakistan	pakistan	PROPN
gujaf-55	84	8	by	by	ADP
gujaf-55	84	9	sharif	sharif	PROPN
gujaf-55	84	10	et	et	PROPN
gujaf-55	84	11	al	al	PROPN
gujaf-55	84	12	(	(	PUNCT
gujaf-55	84	13	2012	2012	NUM
gujaf-55	84	14	)	)	PUNCT
gujaf-55	84	15	.	.	PUNCT
gujaf-55	85	1	firm	firm	ADJ
gujaf-55	85	2	characteristics	characteristic	NOUN
gujaf-55	85	3	and	and	CCONJ
gujaf-55	85	4	capital	capital	NOUN
gujaf-55	85	5	structure	structure	NOUN
gujaf-55	85	6	of	of	ADP
gujaf-55	85	7	quoted	quote	VERB
gujaf-55	85	8	insurance	insurance	NOUN
gujaf-55	85	9	companies	company	NOUN
gujaf-55	85	10	in	in	ADP
gujaf-55	85	11	pakistan	pakistan	PROPN
gujaf-55	85	12	was	be	AUX
gujaf-55	85	13	investigated	investigate	VERB
gujaf-55	85	14	.	.	PUNCT
gujaf-55	86	1	panel	panel	NOUN
gujaf-55	86	2	data	datum	NOUN
gujaf-55	86	3	of	of	ADP
gujaf-55	86	4	31	31	NUM
gujaf-55	86	5	insurance	insurance	NOUN
gujaf-55	86	6	companies	company	NOUN
gujaf-55	86	7	were	be	AUX
gujaf-55	86	8	collected	collect	VERB
gujaf-55	86	9	and	and	CCONJ
gujaf-55	86	10	hausman	hausman	PROPN
gujaf-55	86	11	specification	specification	NOUN
gujaf-55	86	12	test	test	NOUN
gujaf-55	86	13	was	be	AUX
gujaf-55	86	14	used	use	VERB
gujaf-55	86	15	to	to	PART
gujaf-55	86	16	analyze	analyze	VERB
gujaf-55	86	17	the	the	DET
gujaf-55	86	18	data	datum	NOUN
gujaf-55	86	19	.	.	PUNCT
gujaf-55	87	1	the	the	DET
gujaf-55	87	2	result	result	NOUN
gujaf-55	87	3	indicated	indicate	VERB
gujaf-55	87	4	an	an	DET
gujaf-55	87	5	inverse	inverse	NOUN
gujaf-55	87	6	but	but	CCONJ
gujaf-55	87	7	insignificant	insignificant	ADJ
gujaf-55	87	8	relationship	relationship	NOUN
gujaf-55	87	9	between	between	ADP
gujaf-55	87	10	liquidity	liquidity	NOUN
gujaf-55	87	11	(	(	PUNCT
gujaf-55	87	12	the	the	DET
gujaf-55	87	13	ratio	ratio	NOUN
gujaf-55	87	14	of	of	ADP
gujaf-55	87	15	current	current	ADJ
gujaf-55	87	16	assets	asset	NOUN
gujaf-55	87	17	to	to	ADP
gujaf-55	87	18	current	current	ADJ
gujaf-55	87	19	liabilities	liability	NOUN
gujaf-55	87	20	)	)	PUNCT
gujaf-55	87	21	and	and	CCONJ
gujaf-55	87	22	debt	debt	NOUN
gujaf-55	87	23	ratio	ratio	NOUN
gujaf-55	87	24	.	.	PUNCT
gujaf-55	88	1	they	they	PRON
gujaf-55	88	2	argued	argue	VERB
gujaf-55	88	3	that	that	SCONJ
gujaf-55	88	4	the	the	DET
gujaf-55	88	5	non	non	ADJ
gujaf-55	88	6	-	-	NOUN
gujaf-55	88	7	significance	significance	NOUN
gujaf-55	88	8	stemmed	stem	VERB
gujaf-55	88	9	from	from	ADP
gujaf-55	88	10	the	the	DET
gujaf-55	88	11	possibility	possibility	NOUN
gujaf-55	88	12	that	that	SCONJ
gujaf-55	88	13	insurance	insurance	NOUN
gujaf-55	88	14	companies	company	NOUN
gujaf-55	88	15	faced	face	VERB
gujaf-55	88	16	more	more	ADJ
gujaf-55	88	17	liquidity	liquidity	NOUN
gujaf-55	88	18	risk	risk	NOUN
gujaf-55	88	19	as	as	ADP
gujaf-55	88	20	compared	compare	VERB
gujaf-55	88	21	with	with	ADP
gujaf-55	88	22	other	other	ADJ
gujaf-55	88	23	financial	financial	ADJ
gujaf-55	88	24	institutions	institution	NOUN
gujaf-55	88	25	,	,	PUNCT
gujaf-55	88	26	as	as	SCONJ
gujaf-55	88	27	they	they	PRON
gujaf-55	88	28	receive	receive	VERB
gujaf-55	88	29	premium	premium	NOUN
gujaf-55	88	30	in	in	ADP
gujaf-55	88	31	installments	installment	NOUN
gujaf-55	88	32	but	but	CCONJ
gujaf-55	88	33	are	be	AUX
gujaf-55	88	34	obliged	oblige	VERB
gujaf-55	88	35	to	to	PART
gujaf-55	88	36	pay	pay	VERB
gujaf-55	88	37	claims	claim	NOUN
gujaf-55	88	38	in	in	ADP
gujaf-55	88	39	bulk	bulk	ADJ
gujaf-55	88	40	amount	amount	NOUN
gujaf-55	88	41	.	.	PUNCT
gujaf-55	89	1	the	the	DET
gujaf-55	89	2	result	result	NOUN
gujaf-55	89	3	from	from	ADP
gujaf-55	89	4	the	the	DET
gujaf-55	89	5	study	study	NOUN
gujaf-55	89	6	can	can	AUX
gujaf-55	89	7	not	not	PART
gujaf-55	89	8	be	be	AUX
gujaf-55	89	9	used	use	VERB
gujaf-55	89	10	as	as	ADP
gujaf-55	89	11	the	the	DET
gujaf-55	89	12	basis	basis	NOUN
gujaf-55	89	13	for	for	ADP
gujaf-55	89	14	capital	capital	NOUN
gujaf-55	89	15	structure	structure	NOUN
gujaf-55	89	16	decisions	decision	NOUN
gujaf-55	89	17	of	of	ADP
gujaf-55	89	18	non	non	ADJ
gujaf-55	89	19	-	-	ADJ
gujaf-55	89	20	financial	financial	ADJ
gujaf-55	89	21	firms	firm	NOUN
gujaf-55	89	22	.	.	PUNCT
gujaf-55	90	1	furthermore	furthermore	ADV
gujaf-55	90	2	,	,	PUNCT
gujaf-55	90	3	shala	shala	PROPN
gujaf-55	90	4	et	et	PROPN
gujaf-55	90	5	al	al	PROPN
gujaf-55	90	6	(	(	PUNCT
gujaf-55	90	7	2014	2014	NUM
gujaf-55	90	8	)	)	PUNCT
gujaf-55	90	9	investigated	investigate	VERB
gujaf-55	90	10	the	the	DET
gujaf-55	90	11	factors	factor	NOUN
gujaf-55	90	12	of	of	ADP
gujaf-55	90	13	capital	capital	NOUN
gujaf-55	90	14	structure	structure	NOUN
gujaf-55	90	15	of	of	ADP
gujaf-55	90	16	insurance	insurance	NOUN
gujaf-55	90	17	sector	sector	NOUN
gujaf-55	90	18	in	in	ADP
gujaf-55	90	19	kosovo	kosovo	PROPN
gujaf-55	90	20	.	.	PUNCT
gujaf-55	91	1	information	information	NOUN
gujaf-55	91	2	used	use	VERB
gujaf-55	91	3	covered	cover	VERB
gujaf-55	91	4	a	a	DET
gujaf-55	91	5	period	period	NOUN
gujaf-55	91	6	of	of	ADP
gujaf-55	91	7	three	three	NUM
gujaf-55	91	8	years	year	NOUN
gujaf-55	91	9	(	(	PUNCT
gujaf-55	91	10	2009	2009	NUM
gujaf-55	91	11	-	-	SYM
gujaf-55	91	12	2012	2012	NUM
gujaf-55	91	13	)	)	PUNCT
gujaf-55	91	14	and	and	CCONJ
gujaf-55	91	15	was	be	AUX
gujaf-55	91	16	gleaned	glean	VERB
gujaf-55	91	17	from	from	ADP
gujaf-55	91	18	the	the	DET
gujaf-55	91	19	financial	financial	ADJ
gujaf-55	91	20	statements	statement	NOUN
gujaf-55	91	21	collected	collect	VERB
gujaf-55	91	22	from	from	ADP
gujaf-55	91	23	the	the	DET
gujaf-55	91	24	central	central	ADJ
gujaf-55	91	25	bank	bank	PROPN
gujaf-55	91	26	of	of	ADP
gujaf-55	91	27	kosovo	kosovo	PROPN
gujaf-55	91	28	’s	’s	PART
gujaf-55	91	29	website	website	NOUN
gujaf-55	91	30	.	.	PUNCT
gujaf-55	92	1	ten	ten	NUM
gujaf-55	92	2	(	(	PUNCT
gujaf-55	92	3	10	10	NUM
gujaf-55	92	4	)	)	PUNCT
gujaf-55	92	5	general	general	ADJ
gujaf-55	92	6	insurance	insurance	NOUN
gujaf-55	92	7	companies	company	NOUN
gujaf-55	92	8	and	and	CCONJ
gujaf-55	92	9	one	one	NUM
gujaf-55	92	10	(	(	PUNCT
gujaf-55	92	11	1	1	NUM
gujaf-55	92	12	)	)	PUNCT
gujaf-55	92	13	life	life	NOUN
gujaf-55	92	14	assurance	assurance	NOUN
gujaf-55	92	15	company	company	NOUN
gujaf-55	92	16	formed	form	VERB
gujaf-55	92	17	the	the	DET
gujaf-55	92	18	sample	sample	NOUN
gujaf-55	92	19	of	of	ADP
gujaf-55	92	20	the	the	DET
gujaf-55	92	21	study	study	NOUN
gujaf-55	92	22	.	.	PUNCT
gujaf-55	93	1	the	the	DET
gujaf-55	93	2	hypotheses	hypothesis	NOUN
gujaf-55	93	3	formulated	formulate	VERB
gujaf-55	93	4	are	be	AUX
gujaf-55	93	5	tested	test	VERB
gujaf-55	93	6	using	use	VERB
gujaf-55	93	7	regression	regression	NOUN
gujaf-55	93	8	analysis	analysis	NOUN
gujaf-55	93	9	and	and	CCONJ
gujaf-55	93	10	the	the	DET
gujaf-55	93	11	empirical	empirical	ADJ
gujaf-55	93	12	result	result	NOUN
gujaf-55	93	13	shows	show	VERB
gujaf-55	93	14	a	a	DET
gujaf-55	93	15	positive	positive	ADJ
gujaf-55	93	16	insignificant	insignificant	ADJ
gujaf-55	93	17	relationship	relationship	NOUN
gujaf-55	93	18	between	between	ADP
gujaf-55	93	19	liquidity	liquidity	NOUN
gujaf-55	93	20	and	and	CCONJ
gujaf-55	93	21	debt	debt	NOUN
gujaf-55	93	22	ratio	ratio	NOUN
gujaf-55	93	23	,	,	PUNCT
gujaf-55	93	24	indicating	indicate	VERB
gujaf-55	93	25	that	that	SCONJ
gujaf-55	93	26	liquidity	liquidity	NOUN
gujaf-55	93	27	(	(	PUNCT
gujaf-55	93	28	short	short	ADJ
gujaf-55	93	29	-	-	PUNCT
gujaf-55	93	30	term	term	NOUN
gujaf-55	93	31	assets	asset	NOUN
gujaf-55	93	32	over	over	ADP
gujaf-55	93	33	short	short	ADJ
gujaf-55	93	34	-	-	PUNCT
gujaf-55	93	35	term	term	NOUN
gujaf-55	93	36	liabilities	liability	NOUN
gujaf-55	93	37	)	)	PUNCT
gujaf-55	93	38	is	be	AUX
gujaf-55	93	39	not	not	PART
gujaf-55	93	40	considered	consider	VERB
gujaf-55	93	41	an	an	DET
gujaf-55	93	42	appropriate	appropriate	ADJ
gujaf-55	93	43	determinant	determinant	NOUN
gujaf-55	93	44	of	of	ADP
gujaf-55	93	45	leverage	leverage	NOUN
gujaf-55	93	46	(	(	PUNCT
gujaf-55	93	47	total	total	ADJ
gujaf-55	93	48	debt	debt	NOUN
gujaf-55	93	49	over	over	ADP
gujaf-55	93	50	total	total	ADJ
gujaf-55	93	51	assets	asset	NOUN
gujaf-55	93	52	)	)	PUNCT
gujaf-55	93	53	.	.	PUNCT
gujaf-55	94	1	the	the	DET
gujaf-55	94	2	result	result	NOUN
gujaf-55	94	3	of	of	ADP
gujaf-55	94	4	shalal	shalal	PROPN
gujaf-55	94	5	et	et	PROPN
gujaf-55	94	6	al	al	PROPN
gujaf-55	94	7	can	can	AUX
gujaf-55	94	8	not	not	PART
gujaf-55	94	9	be	be	AUX
gujaf-55	94	10	generalized	generalize	VERB
gujaf-55	94	11	to	to	ADP
gujaf-55	94	12	nonfinancial	nonfinancial	ADJ
gujaf-55	94	13	companies	company	NOUN
gujaf-55	94	14	since	since	SCONJ
gujaf-55	94	15	the	the	DET
gujaf-55	94	16	rules	rule	NOUN
gujaf-55	94	17	and	and	CCONJ
gujaf-55	94	18	regulations	regulation	NOUN
gujaf-55	94	19	governing	govern	VERB
gujaf-55	94	20	both	both	CCONJ
gujaf-55	94	21	financial	financial	ADJ
gujaf-55	94	22	and	and	CCONJ
gujaf-55	94	23	non	non	ADJ
gujaf-55	94	24	-	-	ADJ
gujaf-55	94	25	financial	financial	ADJ
gujaf-55	94	26	companies	company	NOUN
gujaf-55	94	27	are	be	AUX
gujaf-55	94	28	not	not	PART
gujaf-55	94	29	the	the	DET
gujaf-55	94	30	same	same	ADJ
gujaf-55	94	31	.	.	PUNCT
gujaf-55	95	1	ghasemi	ghasemi	PROPN
gujaf-55	95	2	and	and	CCONJ
gujaf-55	95	3	razak	razak	PROPN
gujaf-55	95	4	(	(	PUNCT
gujaf-55	95	5	2016	2016	NUM
gujaf-55	95	6	)	)	PUNCT
gujaf-55	95	7	also	also	ADV
gujaf-55	95	8	confirmed	confirm	VERB
gujaf-55	95	9	the	the	DET
gujaf-55	95	10	effects	effect	NOUN
gujaf-55	95	11	of	of	ADP
gujaf-55	95	12	firm	firm	ADJ
gujaf-55	95	13	liquidity	liquidity	NOUN
gujaf-55	95	14	on	on	ADP
gujaf-55	95	15	capital	capital	NOUN
gujaf-55	95	16	structure	structure	NOUN
gujaf-55	95	17	.	.	PUNCT
gujaf-55	96	1	the	the	DET
gujaf-55	96	2	study	study	NOUN
gujaf-55	96	3	explored	explore	VERB
gujaf-55	96	4	the	the	DET
gujaf-55	96	5	impact	impact	NOUN
gujaf-55	96	6	of	of	ADP
gujaf-55	96	7	liquidity	liquidity	NOUN
gujaf-55	96	8	on	on	ADP
gujaf-55	96	9	capital	capital	NOUN
gujaf-55	96	10	structure	structure	NOUN
gujaf-55	96	11	of	of	ADP
gujaf-55	96	12	listed	list	VERB
gujaf-55	96	13	malaysian	malaysian	ADJ
gujaf-55	96	14	firms	firm	NOUN
gujaf-55	96	15	for	for	ADP
gujaf-55	96	16	the	the	DET
gujaf-55	96	17	period	period	NOUN
gujaf-55	96	18	from	from	ADP
gujaf-55	96	19	2005	2005	NUM
gujaf-55	96	20	to	to	ADP
gujaf-55	96	21	2013	2013	NUM
gujaf-55	96	22	using	use	VERB
gujaf-55	96	23	300	300	NUM
gujaf-55	96	24	randomly	randomly	ADV
gujaf-55	96	25	selected	select	VERB
gujaf-55	96	26	firms	firm	NOUN
gujaf-55	96	27	based	base	VERB
gujaf-55	96	28	on	on	ADP
gujaf-55	96	29	some	some	DET
gujaf-55	96	30	criteria	criterion	NOUN
gujaf-55	96	31	.	.	PUNCT
gujaf-55	97	1	to	to	PART
gujaf-55	97	2	achieve	achieve	VERB
gujaf-55	97	3	the	the	DET
gujaf-55	97	4	objective	objective	NOUN
gujaf-55	97	5	of	of	ADP
gujaf-55	97	6	the	the	DET
gujaf-55	97	7	study	study	NOUN
gujaf-55	97	8	,	,	PUNCT
gujaf-55	97	9	two	two	NUM
gujaf-55	97	10	measures	measure	NOUN
gujaf-55	97	11	of	of	ADP
gujaf-55	97	12	liquidity	liquidity	NOUN
gujaf-55	97	13	(	(	PUNCT
gujaf-55	97	14	current	current	ADJ
gujaf-55	97	15	and	and	CCONJ
gujaf-55	97	16	quick	quick	ADJ
gujaf-55	97	17	ratios	ratio	NOUN
gujaf-55	97	18	)	)	PUNCT
gujaf-55	97	19	were	be	AUX
gujaf-55	97	20	used	use	VERB
gujaf-55	97	21	as	as	ADP
gujaf-55	97	22	part	part	NOUN
gujaf-55	97	23	of	of	ADP
gujaf-55	97	24	the	the	DET
gujaf-55	97	25	independent	independent	ADJ
gujaf-55	97	26	variables	variable	NOUN
gujaf-55	97	27	,	,	PUNCT
gujaf-55	97	28	whereas	whereas	SCONJ
gujaf-55	97	29	the	the	DET
gujaf-55	97	30	dependent	dependent	ADJ
gujaf-55	97	31	variable	variable	NOUN
gujaf-55	97	32	,	,	PUNCT
gujaf-55	97	33	leverage	leverage	NOUN
gujaf-55	97	34	(	(	PUNCT
gujaf-55	97	35	debt	debt	NOUN
gujaf-55	97	36	/	/	SYM
gujaf-55	97	37	equity	equity	NOUN
gujaf-55	97	38	)	)	PUNCT
gujaf-55	97	39	,	,	PUNCT
gujaf-55	97	40	was	be	AUX
gujaf-55	97	41	decomposed	decompose	VERB
gujaf-55	97	42	into	into	ADP
gujaf-55	97	43	three	three	NUM
gujaf-55	97	44	components	component	NOUN
gujaf-55	97	45	(	(	PUNCT
gujaf-55	97	46	total	total	ADJ
gujaf-55	97	47	,	,	PUNCT
gujaf-55	97	48	long	long	ADJ
gujaf-55	97	49	-	-	PUNCT
gujaf-55	97	50	term	term	NOUN
gujaf-55	97	51	and	and	CCONJ
gujaf-55	97	52	short	short	ADJ
gujaf-55	97	53	-	-	PUNCT
gujaf-55	97	54	term	term	NOUN
gujaf-55	97	55	debts	debt	NOUN
gujaf-55	97	56	)	)	PUNCT
gujaf-55	97	57	.	.	PUNCT
gujaf-55	98	1	pooled	pool	VERB
gujaf-55	98	2	ols	ol	NOUN
gujaf-55	98	3	was	be	AUX
gujaf-55	98	4	used	use	VERB
gujaf-55	98	5	to	to	PART
gujaf-55	98	6	analyse	analyse	VERB
gujaf-55	98	7	the	the	DET
gujaf-55	98	8	data	datum	NOUN
gujaf-55	98	9	and	and	CCONJ
gujaf-55	98	10	the	the	DET
gujaf-55	98	11	result	result	NOUN
gujaf-55	98	12	showed	show	VERB
gujaf-55	98	13	a	a	DET
gujaf-55	98	14	significant	significant	ADJ
gujaf-55	98	15	negative	negative	ADJ
gujaf-55	98	16	relationship	relationship	NOUN
gujaf-55	98	17	between	between	ADP
gujaf-55	98	18	current	current	ADJ
gujaf-55	98	19	ratio	ratio	NOUN
gujaf-55	98	20	and	and	CCONJ
gujaf-55	98	21	leverage	leverage	NOUN
gujaf-55	98	22	,	,	PUNCT
gujaf-55	98	23	while	while	SCONJ
gujaf-55	98	24	a	a	DET
gujaf-55	98	25	significant	significant	ADJ
gujaf-55	98	26	positive	positive	ADJ
gujaf-55	98	27	relation	relation	NOUN
gujaf-55	98	28	exists	exist	VERB
gujaf-55	98	29	between	between	ADP
gujaf-55	98	30	quick	quick	ADJ
gujaf-55	98	31	ratio	ratio	NOUN
gujaf-55	98	32	and	and	CCONJ
gujaf-55	98	33	leverage	leverage	NOUN
gujaf-55	98	34	gusau	gusau	ADJ
gujaf-55	98	35	journal	journal	NOUN
gujaf-55	98	36	of	of	ADP
gujaf-55	98	37	accounting	accounting	NOUN
gujaf-55	98	38	and	and	CCONJ
gujaf-55	98	39	finance	finance	NOUN
gujaf-55	98	40	,	,	PUNCT
gujaf-55	98	41	vol	vol	NOUN
gujaf-55	98	42	.	.	PROPN
gujaf-55	98	43	2	2	NUM
gujaf-55	98	44	,	,	PUNCT
gujaf-55	98	45	issue	issue	NOUN
gujaf-55	98	46	1	1	NUM
gujaf-55	98	47	,	,	PUNCT
gujaf-55	98	48	april	april	PROPN
gujaf-55	98	49	,	,	PUNCT
gujaf-55	98	50	2021	2021	NUM
gujaf-55	98	51	6	6	NUM
gujaf-55	98	52	measures	measure	NOUN
gujaf-55	98	53	.	.	PUNCT
gujaf-55	99	1	the	the	DET
gujaf-55	99	2	findings	finding	NOUN
gujaf-55	99	3	further	far	ADV
gujaf-55	99	4	revealed	reveal	VERB
gujaf-55	99	5	that	that	SCONJ
gujaf-55	99	6	short	short	ADJ
gujaf-55	99	7	-	-	PUNCT
gujaf-55	99	8	term	term	NOUN
gujaf-55	99	9	debt	debt	NOUN
gujaf-55	99	10	is	be	AUX
gujaf-55	99	11	largely	largely	ADV
gujaf-55	99	12	influenced	influence	VERB
gujaf-55	99	13	by	by	ADP
gujaf-55	99	14	liquidity	liquidity	NOUN
gujaf-55	99	15	compared	compare	VERB
gujaf-55	99	16	to	to	ADP
gujaf-55	99	17	long	long	ADJ
gujaf-55	99	18	-	-	PUNCT
gujaf-55	99	19	term	term	NOUN
gujaf-55	99	20	debt	debt	NOUN
gujaf-55	99	21	.	.	PUNCT
gujaf-55	100	1	consequently	consequently	ADV
gujaf-55	100	2	,	,	PUNCT
gujaf-55	100	3	two	two	NUM
gujaf-55	100	4	(	(	PUNCT
gujaf-55	100	5	2	2	NUM
gujaf-55	100	6	)	)	PUNCT
gujaf-55	100	7	theories	theory	NOUN
gujaf-55	100	8	are	be	AUX
gujaf-55	100	9	most	most	ADV
gujaf-55	100	10	relevant	relevant	ADJ
gujaf-55	100	11	in	in	ADP
gujaf-55	100	12	explaining	explain	VERB
gujaf-55	100	13	the	the	DET
gujaf-55	100	14	connection	connection	NOUN
gujaf-55	100	15	between	between	ADP
gujaf-55	100	16	liquidity	liquidity	NOUN
gujaf-55	100	17	and	and	CCONJ
gujaf-55	100	18	capital	capital	NOUN
gujaf-55	100	19	structure	structure	NOUN
gujaf-55	100	20	.	.	PUNCT
gujaf-55	101	1	the	the	DET
gujaf-55	101	2	first	first	ADJ
gujaf-55	101	3	is	be	AUX
gujaf-55	101	4	the	the	DET
gujaf-55	101	5	pecking	pecking	NOUN
gujaf-55	101	6	order	order	NOUN
gujaf-55	101	7	theory	theory	NOUN
gujaf-55	101	8	which	which	PRON
gujaf-55	101	9	builds	build	VERB
gujaf-55	101	10	on	on	ADP
gujaf-55	101	11	the	the	DET
gujaf-55	101	12	asymmetric	asymmetric	ADJ
gujaf-55	101	13	information	information	NOUN
gujaf-55	101	14	between	between	ADP
gujaf-55	101	15	the	the	DET
gujaf-55	101	16	managers	manager	NOUN
gujaf-55	101	17	and	and	CCONJ
gujaf-55	101	18	the	the	DET
gujaf-55	101	19	investors	investor	NOUN
gujaf-55	101	20	(	(	PUNCT
gujaf-55	101	21	myers	myer	NOUN
gujaf-55	101	22	and	and	CCONJ
gujaf-55	101	23	majluf	majluf	NOUN
gujaf-55	101	24	,	,	PUNCT
gujaf-55	101	25	1984	1984	NUM
gujaf-55	101	26	)	)	PUNCT
gujaf-55	101	27	.	.	PUNCT
gujaf-55	102	1	the	the	DET
gujaf-55	102	2	pecking	pecking	NOUN
gujaf-55	102	3	order	order	NOUN
gujaf-55	102	4	theory	theory	NOUN
gujaf-55	102	5	postulates	postulate	VERB
gujaf-55	102	6	the	the	DET
gujaf-55	102	7	following	follow	VERB
gujaf-55	102	8	hierarchy	hierarchy	NOUN
gujaf-55	102	9	of	of	ADP
gujaf-55	102	10	financing	financing	NOUN
gujaf-55	102	11	for	for	ADP
gujaf-55	102	12	companies	company	NOUN
gujaf-55	102	13	;	;	PUNCT
gujaf-55	102	14	internally	internally	ADV
gujaf-55	102	15	raised	raise	VERB
gujaf-55	102	16	funds	fund	NOUN
gujaf-55	102	17	,	,	PUNCT
gujaf-55	102	18	then	then	ADV
gujaf-55	102	19	for	for	ADP
gujaf-55	102	20	debt	debt	NOUN
gujaf-55	102	21	,	,	PUNCT
gujaf-55	102	22	and	and	CCONJ
gujaf-55	102	23	outside	outside	ADP
gujaf-55	102	24	equity	equity	NOUN
gujaf-55	102	25	as	as	ADP
gujaf-55	102	26	the	the	DET
gujaf-55	102	27	last	last	ADJ
gujaf-55	102	28	option	option	NOUN
gujaf-55	102	29	.	.	PUNCT
gujaf-55	103	1	the	the	DET
gujaf-55	103	2	pecking	pecking	NOUN
gujaf-55	103	3	order	order	NOUN
gujaf-55	103	4	theory	theory	NOUN
gujaf-55	103	5	postulates	postulate	VERB
gujaf-55	103	6	a	a	DET
gujaf-55	103	7	negative	negative	ADJ
gujaf-55	103	8	relationship	relationship	NOUN
gujaf-55	103	9	between	between	ADP
gujaf-55	103	10	liquidity	liquidity	NOUN
gujaf-55	103	11	and	and	CCONJ
gujaf-55	103	12	capital	capital	NOUN
gujaf-55	103	13	structure	structure	NOUN
gujaf-55	103	14	.	.	PUNCT
gujaf-55	104	1	the	the	DET
gujaf-55	104	2	second	second	ADJ
gujaf-55	104	3	theory	theory	NOUN
gujaf-55	104	4	is	be	AUX
gujaf-55	104	5	the	the	DET
gujaf-55	104	6	trade	trade	NOUN
gujaf-55	104	7	-	-	PUNCT
gujaf-55	104	8	of	of	ADP
gujaf-55	104	9	theory	theory	NOUN
gujaf-55	104	10	.	.	PUNCT
gujaf-55	105	1	it	it	PRON
gujaf-55	105	2	argues	argue	VERB
gujaf-55	105	3	that	that	SCONJ
gujaf-55	105	4	the	the	DET
gujaf-55	105	5	optimal	optimal	ADJ
gujaf-55	105	6	capital	capital	NOUN
gujaf-55	105	7	structure	structure	NOUN
gujaf-55	105	8	is	be	AUX
gujaf-55	105	9	achieved	achieve	VERB
gujaf-55	105	10	by	by	ADP
gujaf-55	105	11	a	a	DET
gujaf-55	105	12	company	company	NOUN
gujaf-55	105	13	through	through	ADP
gujaf-55	105	14	weighing	weigh	VERB
gujaf-55	105	15	the	the	DET
gujaf-55	105	16	debt	debt	NOUN
gujaf-55	105	17	tax	tax	NOUN
gujaf-55	105	18	-	-	PUNCT
gujaf-55	105	19	shield	shield	NOUN
gujaf-55	105	20	and	and	CCONJ
gujaf-55	105	21	cost	cost	NOUN
gujaf-55	105	22	of	of	ADP
gujaf-55	105	23	bankruptcy	bankruptcy	NOUN
gujaf-55	105	24	(	(	PUNCT
gujaf-55	105	25	bradley	bradley	PROPN
gujaf-55	105	26	et	et	PROPN
gujaf-55	105	27	al	al	PROPN
gujaf-55	105	28	.	.	PROPN
gujaf-55	105	29	,	,	PUNCT
gujaf-55	105	30	1984	1984	NUM
gujaf-55	105	31	)	)	PUNCT
gujaf-55	105	32	.	.	PUNCT
gujaf-55	106	1	a	a	DET
gujaf-55	106	2	positive	positive	ADJ
gujaf-55	106	3	relationship	relationship	NOUN
gujaf-55	106	4	is	be	AUX
gujaf-55	106	5	expected	expect	VERB
gujaf-55	106	6	between	between	ADP
gujaf-55	106	7	liquidity	liquidity	NOUN
gujaf-55	106	8	and	and	CCONJ
gujaf-55	106	9	capital	capital	NOUN
gujaf-55	106	10	structure	structure	NOUN
gujaf-55	106	11	because	because	SCONJ
gujaf-55	106	12	companies	company	NOUN
gujaf-55	106	13	with	with	ADP
gujaf-55	106	14	higher	high	ADJ
gujaf-55	106	15	liquidity	liquidity	NOUN
gujaf-55	106	16	ratio	ratio	NOUN
gujaf-55	106	17	can	can	AUX
gujaf-55	106	18	support	support	VERB
gujaf-55	106	19	much	much	ADV
gujaf-55	106	20	more	more	ADJ
gujaf-55	106	21	debt	debt	NOUN
gujaf-55	106	22	ratio	ratio	NOUN
gujaf-55	106	23	due	due	ADP
gujaf-55	106	24	to	to	ADP
gujaf-55	106	25	the	the	DET
gujaf-55	106	26	fact	fact	NOUN
gujaf-55	106	27	that	that	SCONJ
gujaf-55	106	28	short	short	ADJ
gujaf-55	106	29	-	-	PUNCT
gujaf-55	106	30	term	term	NOUN
gujaf-55	106	31	debt	debt	NOUN
gujaf-55	106	32	obligations	obligation	NOUN
gujaf-55	106	33	can	can	AUX
gujaf-55	106	34	be	be	AUX
gujaf-55	106	35	satisfied	satisfied	ADJ
gujaf-55	106	36	easily	easily	ADV
gujaf-55	106	37	on	on	ADP
gujaf-55	106	38	time	time	NOUN
gujaf-55	106	39	(	(	PUNCT
gujaf-55	106	40	akinlo	akinlo	NOUN
gujaf-55	106	41	,	,	PUNCT
gujaf-55	106	42	2011	2011	NUM
gujaf-55	106	43	)	)	PUNCT
gujaf-55	106	44	.	.	PUNCT
gujaf-55	107	1	it	it	PRON
gujaf-55	107	2	is	be	AUX
gujaf-55	107	3	clear	clear	ADJ
gujaf-55	107	4	from	from	ADP
gujaf-55	107	5	the	the	DET
gujaf-55	107	6	above	above	PROPN
gujaf-55	107	7	literature	literature	NOUN
gujaf-55	107	8	survey	survey	NOUN
gujaf-55	107	9	that	that	SCONJ
gujaf-55	107	10	liquidity	liquidity	NOUN
gujaf-55	107	11	is	be	AUX
gujaf-55	107	12	an	an	DET
gujaf-55	107	13	important	important	ADJ
gujaf-55	107	14	factor	factor	NOUN
gujaf-55	107	15	in	in	ADP
gujaf-55	107	16	the	the	DET
gujaf-55	107	17	financing	financing	NOUN
gujaf-55	107	18	decisions	decision	NOUN
gujaf-55	107	19	of	of	ADP
gujaf-55	107	20	companies	company	NOUN
gujaf-55	107	21	thus	thus	ADV
gujaf-55	107	22	necessitating	necessitate	VERB
gujaf-55	107	23	the	the	DET
gujaf-55	107	24	examination	examination	NOUN
gujaf-55	107	25	of	of	ADP
gujaf-55	107	26	liquidity	liquidity	NOUN
gujaf-55	107	27	and	and	CCONJ
gujaf-55	107	28	capital	capital	NOUN
gujaf-55	107	29	structure	structure	NOUN
gujaf-55	107	30	of	of	ADP
gujaf-55	107	31	listed	list	VERB
gujaf-55	107	32	oil	oil	NOUN
gujaf-55	107	33	and	and	CCONJ
gujaf-55	107	34	gas	gas	NOUN
gujaf-55	107	35	companies	company	NOUN
gujaf-55	107	36	in	in	ADP
gujaf-55	107	37	nigeria	nigeria	PROPN
gujaf-55	107	38	.	.	PUNCT
gujaf-55	108	1	3	3	X
gujaf-55	108	2	.	.	X
gujaf-55	108	3	methodology	methodology	NOUN
gujaf-55	108	4	and	and	CCONJ
gujaf-55	108	5	specification	specification	NOUN
gujaf-55	108	6	of	of	ADP
gujaf-55	108	7	models	model	NOUN
gujaf-55	108	8	this	this	DET
gujaf-55	108	9	study	study	NOUN
gujaf-55	108	10	employed	employ	VERB
gujaf-55	108	11	correlational	correlational	ADJ
gujaf-55	108	12	research	research	NOUN
gujaf-55	108	13	design	design	NOUN
gujaf-55	108	14	and	and	CCONJ
gujaf-55	108	15	descriptive	descriptive	ADJ
gujaf-55	108	16	research	research	NOUN
gujaf-55	108	17	design	design	NOUN
gujaf-55	108	18	for	for	ADP
gujaf-55	108	19	the	the	DET
gujaf-55	108	20	purpose	purpose	NOUN
gujaf-55	108	21	of	of	ADP
gujaf-55	108	22	addressing	address	VERB
gujaf-55	108	23	the	the	DET
gujaf-55	108	24	problem	problem	NOUN
gujaf-55	108	25	of	of	ADP
gujaf-55	108	26	the	the	DET
gujaf-55	108	27	research	research	NOUN
gujaf-55	108	28	.	.	PUNCT
gujaf-55	109	1	financial	financial	ADJ
gujaf-55	109	2	data	datum	NOUN
gujaf-55	109	3	of	of	ADP
gujaf-55	109	4	the	the	DET
gujaf-55	109	5	sampled	sample	VERB
gujaf-55	109	6	companies	company	NOUN
gujaf-55	109	7	were	be	AUX
gujaf-55	109	8	gleaned	glean	VERB
gujaf-55	109	9	from	from	ADP
gujaf-55	109	10	the	the	DET
gujaf-55	109	11	nigeria	nigeria	PROPN
gujaf-55	109	12	stock	stock	PROPN
gujaf-55	109	13	exchange	exchange	PROPN
gujaf-55	109	14	fact	fact	NOUN
gujaf-55	109	15	book	book	NOUN
gujaf-55	109	16	for	for	ADP
gujaf-55	109	17	the	the	DET
gujaf-55	109	18	period	period	NOUN
gujaf-55	109	19	2006	2006	NUM
gujaf-55	109	20	–	–	PUNCT
gujaf-55	109	21	2016	2016	NUM
gujaf-55	109	22	by	by	ADP
gujaf-55	109	23	extracting	extract	VERB
gujaf-55	109	24	the	the	DET
gujaf-55	109	25	required	require	VERB
gujaf-55	109	26	variables	variable	NOUN
gujaf-55	109	27	manually	manually	ADV
gujaf-55	109	28	and	and	CCONJ
gujaf-55	109	29	measuring	measure	VERB
gujaf-55	109	30	them	they	PRON
gujaf-55	109	31	in	in	ADP
gujaf-55	109	32	line	line	NOUN
gujaf-55	109	33	with	with	ADP
gujaf-55	109	34	the	the	DET
gujaf-55	109	35	set	set	VERB
gujaf-55	109	36	variable	variable	ADJ
gujaf-55	109	37	measurements	measurement	NOUN
gujaf-55	109	38	.	.	PUNCT
gujaf-55	110	1	this	this	DET
gujaf-55	110	2	study	study	NOUN
gujaf-55	110	3	focused	focus	VERB
gujaf-55	110	4	on	on	ADP
gujaf-55	110	5	the	the	DET
gujaf-55	110	6	oil	oil	NOUN
gujaf-55	110	7	and	and	CCONJ
gujaf-55	110	8	gas	gas	NOUN
gujaf-55	110	9	companies	company	NOUN
gujaf-55	110	10	operating	operate	VERB
gujaf-55	110	11	in	in	ADP
gujaf-55	110	12	the	the	DET
gujaf-55	110	13	downstream	downstream	ADJ
gujaf-55	110	14	sector	sector	NOUN
gujaf-55	110	15	as	as	SCONJ
gujaf-55	110	16	classified	classify	VERB
gujaf-55	110	17	by	by	ADP
gujaf-55	110	18	the	the	DET
gujaf-55	110	19	nigerian	nigerian	ADJ
gujaf-55	110	20	stock	stock	NOUN
gujaf-55	110	21	exchange	exchange	PROPN
gujaf-55	110	22	and	and	CCONJ
gujaf-55	110	23	the	the	DET
gujaf-55	110	24	corporate	corporate	PROPN
gujaf-55	110	25	affairs	affairs	PROPN
gujaf-55	110	26	commission	commission	PROPN
gujaf-55	110	27	.	.	PUNCT
gujaf-55	111	1	a	a	DET
gujaf-55	111	2	total	total	NOUN
gujaf-55	111	3	of	of	ADP
gujaf-55	111	4	ten	ten	NUM
gujaf-55	111	5	(	(	PUNCT
gujaf-55	111	6	10	10	NUM
gujaf-55	111	7	)	)	PUNCT
gujaf-55	111	8	oil	oil	NOUN
gujaf-55	111	9	and	and	CCONJ
gujaf-55	111	10	gas	gas	NOUN
gujaf-55	111	11	firms	firm	NOUN
gujaf-55	111	12	were	be	AUX
gujaf-55	111	13	quoted	quote	VERB
gujaf-55	111	14	on	on	ADP
gujaf-55	111	15	the	the	DET
gujaf-55	111	16	nigerian	nigerian	ADJ
gujaf-55	111	17	stock	stock	NOUN
gujaf-55	111	18	exchange	exchange	PROPN
gujaf-55	111	19	as	as	ADP
gujaf-55	111	20	at	at	ADP
gujaf-55	111	21	31st	31st	PROPN
gujaf-55	111	22	december	december	PROPN
gujaf-55	111	23	,	,	PUNCT
gujaf-55	111	24	2016	2016	NUM
gujaf-55	111	25	.	.	PUNCT
gujaf-55	112	1	however	however	ADV
gujaf-55	112	2	,	,	PUNCT
gujaf-55	112	3	only	only	ADV
gujaf-55	112	4	eight	eight	NUM
gujaf-55	112	5	(	(	PUNCT
gujaf-55	112	6	8)	8)	NUM
gujaf-55	112	7	companies	company	NOUN
gujaf-55	112	8	were	be	AUX
gujaf-55	112	9	selected	select	VERB
gujaf-55	112	10	for	for	ADP
gujaf-55	112	11	this	this	DET
gujaf-55	112	12	study	study	NOUN
gujaf-55	112	13	because	because	SCONJ
gujaf-55	112	14	they	they	PRON
gujaf-55	112	15	were	be	AUX
gujaf-55	112	16	listed	list	VERB
gujaf-55	112	17	prior	prior	ADV
gujaf-55	112	18	to	to	ADP
gujaf-55	112	19	2006	2006	NUM
gujaf-55	112	20	and	and	CCONJ
gujaf-55	112	21	their	their	PRON
gujaf-55	112	22	shares	share	NOUN
gujaf-55	112	23	were	be	AUX
gujaf-55	112	24	constantly	constantly	ADV
gujaf-55	112	25	traded	trade	VERB
gujaf-55	112	26	on	on	ADP
gujaf-55	112	27	the	the	DET
gujaf-55	112	28	floor	floor	NOUN
gujaf-55	112	29	of	of	ADP
gujaf-55	112	30	the	the	DET
gujaf-55	112	31	stock	stock	NOUN
gujaf-55	112	32	exchange	exchange	NOUN
gujaf-55	112	33	for	for	ADP
gujaf-55	112	34	the	the	DET
gujaf-55	112	35	period	period	NOUN
gujaf-55	112	36	of	of	ADP
gujaf-55	112	37	the	the	DET
gujaf-55	112	38	study	study	NOUN
gujaf-55	112	39	.	.	PUNCT
gujaf-55	113	1	ordinary	ordinary	ADJ
gujaf-55	113	2	least	least	ADJ
gujaf-55	113	3	square	square	ADJ
gujaf-55	113	4	(	(	PUNCT
gujaf-55	113	5	ols	ol	NOUN
gujaf-55	113	6	)	)	PUNCT
gujaf-55	113	7	was	be	AUX
gujaf-55	113	8	used	use	VERB
gujaf-55	113	9	as	as	ADP
gujaf-55	113	10	technique	technique	NOUN
gujaf-55	113	11	for	for	ADP
gujaf-55	113	12	the	the	DET
gujaf-55	113	13	first	first	ADJ
gujaf-55	113	14	model	model	NOUN
gujaf-55	113	15	because	because	SCONJ
gujaf-55	113	16	after	after	ADP
gujaf-55	113	17	conducting	conduct	VERB
gujaf-55	113	18	hausman	hausman	ADJ
gujaf-55	113	19	specification	specification	NOUN
gujaf-55	113	20	test	test	NOUN
gujaf-55	113	21	to	to	PART
gujaf-55	113	22	select	select	VERB
gujaf-55	113	23	between	between	ADP
gujaf-55	113	24	fixed	fix	VERB
gujaf-55	113	25	and	and	CCONJ
gujaf-55	113	26	random	random	ADJ
gujaf-55	113	27	,	,	PUNCT
gujaf-55	113	28	the	the	DET
gujaf-55	113	29	result	result	NOUN
gujaf-55	113	30	from	from	ADP
gujaf-55	113	31	hausman	hausman	NOUN
gujaf-55	113	32	was	be	AUX
gujaf-55	113	33	insignificant	insignificant	ADJ
gujaf-55	113	34	as	as	SCONJ
gujaf-55	113	35	such	such	ADJ
gujaf-55	113	36	breush	breush	NOUN
gujaf-55	113	37	pagan	pagan	VERB
gujaf-55	113	38	lagrangian	lagrangian	ADJ
gujaf-55	113	39	multiplier	multiplier	ADV
gujaf-55	113	40	(	(	PUNCT
gujaf-55	113	41	lm	lm	INTJ
gujaf-55	113	42	)	)	PUNCT
gujaf-55	113	43	test	test	NOUN
gujaf-55	113	44	was	be	AUX
gujaf-55	113	45	conducted	conduct	VERB
gujaf-55	113	46	to	to	PART
gujaf-55	113	47	select	select	VERB
gujaf-55	113	48	between	between	ADP
gujaf-55	113	49	random	random	ADJ
gujaf-55	113	50	and	and	CCONJ
gujaf-55	113	51	ols	ol	NOUN
gujaf-55	113	52	,	,	PUNCT
gujaf-55	113	53	the	the	DET
gujaf-55	113	54	result	result	NOUN
gujaf-55	113	55	from	from	ADP
gujaf-55	113	56	the	the	DET
gujaf-55	113	57	lm	lm	PROPN
gujaf-55	113	58	was	be	AUX
gujaf-55	113	59	equally	equally	ADV
gujaf-55	113	60	insignificant	insignificant	ADJ
gujaf-55	113	61	,	,	PUNCT
gujaf-55	113	62	thus	thus	ADV
gujaf-55	113	63	ols	ol	NOUN
gujaf-55	113	64	model	model	NOUN
gujaf-55	113	65	was	be	AUX
gujaf-55	113	66	interpreted	interpret	VERB
gujaf-55	113	67	.	.	PUNCT
gujaf-55	114	1	similarly	similarly	ADV
gujaf-55	114	2	,	,	PUNCT
gujaf-55	114	3	the	the	DET
gujaf-55	114	4	second	second	ADJ
gujaf-55	114	5	model	model	NOUN
gujaf-55	114	6	took	take	VERB
gujaf-55	114	7	the	the	DET
gujaf-55	114	8	same	same	ADJ
gujaf-55	114	9	approach	approach	NOUN
gujaf-55	114	10	and	and	CCONJ
gujaf-55	114	11	had	have	VERB
gujaf-55	114	12	similar	similar	ADJ
gujaf-55	114	13	outcome	outcome	NOUN
gujaf-55	114	14	,	,	PUNCT
gujaf-55	114	15	however	however	ADV
gujaf-55	114	16	,	,	PUNCT
gujaf-55	114	17	instead	instead	ADV
gujaf-55	114	18	of	of	ADP
gujaf-55	114	19	interpreting	interpret	VERB
gujaf-55	114	20	ols	ol	NOUN
gujaf-55	114	21	,	,	PUNCT
gujaf-55	114	22	ols	ol	NOUN
gujaf-55	114	23	model	model	NOUN
gujaf-55	114	24	was	be	AUX
gujaf-55	114	25	corrected	correct	VERB
gujaf-55	114	26	for	for	ADP
gujaf-55	114	27	heteroskadcity	heteroskadcity	NOUN
gujaf-55	114	28	in	in	ADP
gujaf-55	114	29	the	the	DET
gujaf-55	114	30	model	model	NOUN
gujaf-55	114	31	,	,	PUNCT
gujaf-55	114	32	and	and	CCONJ
gujaf-55	114	33	thus	thus	ADV
gujaf-55	114	34	robust	robust	ADJ
gujaf-55	114	35	ols	ol	NOUN
gujaf-55	114	36	was	be	AUX
gujaf-55	114	37	conducted	conduct	VERB
gujaf-55	114	38	and	and	CCONJ
gujaf-55	114	39	analyzed	analyze	VERB
gujaf-55	114	40	.	.	PUNCT
gujaf-55	115	1	variables	variable	NOUN
gujaf-55	115	2	measurement	measurement	VERB
gujaf-55	115	3	the	the	DET
gujaf-55	115	4	measurement	measurement	NOUN
gujaf-55	115	5	of	of	ADP
gujaf-55	115	6	the	the	DET
gujaf-55	115	7	dependent	dependent	ADJ
gujaf-55	115	8	and	and	CCONJ
gujaf-55	115	9	independent	independent	ADJ
gujaf-55	115	10	variable	variable	NOUN
gujaf-55	115	11	are	be	AUX
gujaf-55	115	12	provided	provide	VERB
gujaf-55	115	13	in	in	ADP
gujaf-55	115	14	table	table	NOUN
gujaf-55	115	15	1	1	NUM
gujaf-55	115	16	below	below	ADV
gujaf-55	115	17	.	.	PUNCT
gujaf-55	116	1	gusau	gusau	ADJ
gujaf-55	116	2	journal	journal	PROPN
gujaf-55	116	3	of	of	ADP
gujaf-55	116	4	accounting	accounting	NOUN
gujaf-55	116	5	and	and	CCONJ
gujaf-55	116	6	finance	finance	NOUN
gujaf-55	116	7	,	,	PUNCT
gujaf-55	116	8	vol	vol	NOUN
gujaf-55	116	9	.	.	PROPN
gujaf-55	116	10	2	2	NUM
gujaf-55	116	11	,	,	PUNCT
gujaf-55	116	12	issue	issue	NOUN
gujaf-55	116	13	1	1	NUM
gujaf-55	116	14	,	,	PUNCT
gujaf-55	116	15	april	april	PROPN
gujaf-55	116	16	,	,	PUNCT
gujaf-55	116	17	2021	2021	NUM
gujaf-55	116	18	7	7	NUM
gujaf-55	116	19	table	table	NOUN
gujaf-55	116	20	1	1	NUM
gujaf-55	116	21	:	:	PUNCT
gujaf-55	116	22	variable	variable	ADJ
gujaf-55	116	23	specification	specification	NOUN
gujaf-55	116	24	and	and	CCONJ
gujaf-55	116	25	measurements	measurement	NOUN
gujaf-55	116	26	dependent	dependent	ADJ
gujaf-55	116	27	variable	variable	ADJ
gujaf-55	116	28	measurements	measurement	NOUN
gujaf-55	116	29	source	source	VERB
gujaf-55	116	30	capital	capital	NOUN
gujaf-55	116	31	structure	structure	NOUN
gujaf-55	116	32	1	1	NUM
gujaf-55	116	33	total	total	NOUN
gujaf-55	116	34	debt	debt	NOUN
gujaf-55	116	35	divided	divide	VERB
gujaf-55	116	36	by	by	ADP
gujaf-55	116	37	market	market	NOUN
gujaf-55	116	38	value	value	NOUN
gujaf-55	116	39	of	of	ADP
gujaf-55	116	40	assets	asset	NOUN
gujaf-55	116	41	rajan	rajan	PROPN
gujaf-55	116	42	&	&	CCONJ
gujaf-55	116	43	zingles	zingles	PROPN
gujaf-55	116	44	(	(	PUNCT
gujaf-55	116	45	1995	1995	NUM
gujaf-55	116	46	)	)	PUNCT
gujaf-55	116	47	(	(	PUNCT
gujaf-55	116	48	capstructure1	capstructure1	X
gujaf-55	116	49	)	)	PUNCT
gujaf-55	116	50	booth	booth	NOUN
gujaf-55	116	51	et	et	PROPN
gujaf-55	116	52	al	al	PROPN
gujaf-55	116	53	.	.	PROPN
gujaf-55	117	1	(	(	PUNCT
gujaf-55	117	2	2001	2001	NUM
gujaf-55	117	3	)	)	PUNCT
gujaf-55	117	4	capital	capital	NOUN
gujaf-55	117	5	structure	structure	NOUN
gujaf-55	117	6	2	2	NUM
gujaf-55	117	7	long	long	ADJ
gujaf-55	117	8	term	term	NOUN
gujaf-55	117	9	debt	debt	NOUN
gujaf-55	117	10	divided	divide	VERB
gujaf-55	117	11	by	by	ADP
gujaf-55	117	12	market	market	NOUN
gujaf-55	117	13	value	value	NOUN
gujaf-55	117	14	of	of	ADP
gujaf-55	117	15	assets	asset	NOUN
gujaf-55	117	16	booth	booth	NOUN
gujaf-55	117	17	et	et	PROPN
gujaf-55	117	18	al	al	PROPN
gujaf-55	117	19	.	.	PROPN
gujaf-55	118	1	(	(	PUNCT
gujaf-55	118	2	2001	2001	NUM
gujaf-55	118	3	)	)	PUNCT
gujaf-55	118	4	(	(	PUNCT
gujaf-55	118	5	capstructure2	capstructure2	X
gujaf-55	118	6	)	)	PUNCT
gujaf-55	118	7	frank	frank	PROPN
gujaf-55	118	8	and	and	CCONJ
gujaf-55	118	9	goyal	goyal	PROPN
gujaf-55	118	10	(	(	PUNCT
gujaf-55	118	11	2009	2009	NUM
gujaf-55	118	12	)	)	PUNCT
gujaf-55	118	13	independent	independent	ADJ
gujaf-55	118	14	variable	variable	ADJ
gujaf-55	118	15	liquidity	liquidity	NOUN
gujaf-55	118	16	(	(	PUNCT
gujaf-55	118	17	liqui	liqui	NOUN
gujaf-55	118	18	)	)	PUNCT
gujaf-55	118	19	current	current	ADJ
gujaf-55	118	20	assets	asset	NOUN
gujaf-55	118	21	divided	divide	VERB
gujaf-55	118	22	by	by	ADP
gujaf-55	118	23	current	current	ADJ
gujaf-55	118	24	liabilities	liability	NOUN
gujaf-55	118	25	ramlall	ramlall	NOUN
gujaf-55	118	26	(	(	PUNCT
gujaf-55	118	27	2009	2009	NUM
gujaf-55	118	28	)	)	PUNCT
gujaf-55	118	29	source	source	NOUN
gujaf-55	118	30	:	:	PUNCT
gujaf-55	118	31	compiled	compile	VERB
gujaf-55	118	32	by	by	ADP
gujaf-55	118	33	researcher	researcher	NOUN
gujaf-55	118	34	,	,	PUNCT
gujaf-55	118	35	2021	2021	NUM
gujaf-55	118	36	most	most	ADJ
gujaf-55	118	37	of	of	ADP
gujaf-55	118	38	the	the	DET
gujaf-55	118	39	existing	exist	VERB
gujaf-55	118	40	empirical	empirical	ADJ
gujaf-55	118	41	studies	study	NOUN
gujaf-55	118	42	on	on	ADP
gujaf-55	118	43	capital	capital	NOUN
gujaf-55	118	44	structure	structure	NOUN
gujaf-55	118	45	use	use	VERB
gujaf-55	118	46	regression	regression	NOUN
gujaf-55	118	47	techniques	technique	NOUN
gujaf-55	118	48	with	with	ADP
gujaf-55	118	49	proxies	proxy	NOUN
gujaf-55	118	50	for	for	ADP
gujaf-55	118	51	the	the	DET
gujaf-55	118	52	determining	determine	VERB
gujaf-55	118	53	factors	factor	NOUN
gujaf-55	118	54	used	use	VERB
gujaf-55	118	55	to	to	PART
gujaf-55	118	56	explain	explain	VERB
gujaf-55	118	57	the	the	DET
gujaf-55	118	58	variation	variation	NOUN
gujaf-55	118	59	in	in	ADP
gujaf-55	118	60	leverage	leverage	NOUN
gujaf-55	118	61	ratios	ratio	NOUN
gujaf-55	118	62	across	across	ADP
gujaf-55	118	63	firms	firm	NOUN
gujaf-55	118	64	(	(	PUNCT
gujaf-55	118	65	rajan&zingales	rajan&zingale	NOUN
gujaf-55	118	66	,	,	PUNCT
gujaf-55	118	67	1995	1995	NUM
gujaf-55	118	68	;	;	PUNCT
gujaf-55	118	69	frank	frank	PROPN
gujaf-55	118	70	&	&	CCONJ
gujaf-55	118	71	goyal	goyal	PROPN
gujaf-55	118	72	,	,	PUNCT
gujaf-55	118	73	2009	2009	NUM
gujaf-55	118	74	;	;	PUNCT
gujaf-55	118	75	onaolapo	onaolapo	PROPN
gujaf-55	118	76	et	et	PROPN
gujaf-55	118	77	al	al	PROPN
gujaf-55	118	78	,	,	PUNCT
gujaf-55	118	79	2015	2015	NUM
gujaf-55	118	80	)	)	PUNCT
gujaf-55	118	81	.	.	PUNCT
gujaf-55	119	1	panel	panel	NOUN
gujaf-55	119	2	data	data	PROPN
gujaf-55	119	3	regression	regression	NOUN
gujaf-55	119	4	model	model	NOUN
gujaf-55	119	5	is	be	AUX
gujaf-55	119	6	estimated	estimate	VERB
gujaf-55	119	7	on	on	ADP
gujaf-55	119	8	the	the	DET
gujaf-55	119	9	relationship	relationship	NOUN
gujaf-55	119	10	between	between	ADP
gujaf-55	119	11	the	the	DET
gujaf-55	119	12	financial	financial	ADJ
gujaf-55	119	13	leverage	leverage	NOUN
gujaf-55	119	14	(	(	PUNCT
gujaf-55	119	15	debt	debt	NOUN
gujaf-55	119	16	to	to	ADP
gujaf-55	119	17	total	total	ADJ
gujaf-55	119	18	assets	asset	NOUN
gujaf-55	119	19	)	)	PUNCT
gujaf-55	119	20	and	and	CCONJ
gujaf-55	119	21	liquidity	liquidity	NOUN
gujaf-55	119	22	of	of	ADP
gujaf-55	119	23	the	the	DET
gujaf-55	119	24	oil	oil	NOUN
gujaf-55	119	25	and	and	CCONJ
gujaf-55	119	26	gas	gas	NOUN
gujaf-55	119	27	firms	firm	NOUN
gujaf-55	119	28	listed	list	VERB
gujaf-55	119	29	on	on	ADP
gujaf-55	119	30	the	the	DET
gujaf-55	119	31	nigerian	nigerian	ADJ
gujaf-55	119	32	stock	stock	NOUN
gujaf-55	119	33	exchange	exchange	PROPN
gujaf-55	119	34	.	.	PUNCT
gujaf-55	120	1	the	the	DET
gujaf-55	120	2	model	model	NOUN
gujaf-55	120	3	is	be	AUX
gujaf-55	120	4	therefore	therefore	ADV
gujaf-55	120	5	specified	specify	VERB
gujaf-55	120	6	as	as	SCONJ
gujaf-55	120	7	follows	follow	VERB
gujaf-55	120	8	:	:	PUNCT
gujaf-55	121	1	capstructureit	capstructureit	PROPN
gujaf-55	121	2	=	=	SYM
gujaf-55	121	3	β0	β0	PROPN
gujaf-55	121	4	+	+	PROPN
gujaf-55	121	5	β1liquiit	β1liquiit	PROPN
gujaf-55	121	6	+	+	CCONJ
gujaf-55	121	7	β2growthit	β2growthit	NOUN
gujaf-55	121	8	+	+	CCONJ
gujaf-55	121	9	β3tanit	β3tanit	VERB
gujaf-55	121	10	+	+	CCONJ
gujaf-55	121	11	β4profit+	β4profit+	PUNCT
gujaf-55	121	12	β5sizeit+	β5sizeit+	NOUN
gujaf-55	122	1	β6inflait	β6inflait	NOUN
gujaf-55	123	1	+	+	CCONJ
gujaf-55	123	2	β7industmit	β7industmit	NOUN
gujaf-55	123	3	+	+	CCONJ
gujaf-55	123	4	εit	εit	ADJ
gujaf-55	123	5	.	.	PUNCT
gujaf-55	124	1	this	this	PRON
gujaf-55	124	2	is	be	AUX
gujaf-55	124	3	decomposed	decompose	VERB
gujaf-55	124	4	into	into	ADP
gujaf-55	124	5	two	two	NUM
gujaf-55	124	6	models	model	NOUN
gujaf-55	124	7	in	in	ADP
gujaf-55	124	8	line	line	NOUN
gujaf-55	124	9	with	with	ADP
gujaf-55	124	10	frank	frank	PROPN
gujaf-55	124	11	and	and	CCONJ
gujaf-55	124	12	goyal	goyal	PROPN
gujaf-55	124	13	(	(	PUNCT
gujaf-55	124	14	2009	2009	NUM
gujaf-55	124	15	):	):	PUNCT
gujaf-55	124	16	capstructure1	capstructure1	PROPN
gujaf-55	125	1	=	=	SYM
gujaf-55	125	2	β0	β0	ADJ
gujaf-55	125	3	+	+	CCONJ
gujaf-55	125	4	β1liquiit	β1liquiit	PROPN
gujaf-55	125	5	+	+	CCONJ
gujaf-55	125	6	β2growthit	β2growthit	NOUN
gujaf-55	125	7	+	+	CCONJ
gujaf-55	125	8	β3tanit	β3tanit	VERB
gujaf-55	125	9	+	+	CCONJ
gujaf-55	125	10	β4profit	β4profit	NOUN
gujaf-55	125	11	+	+	CCONJ
gujaf-55	125	12	β5sizeit	β5sizeit	PUNCT
gujaf-55	125	13	+	+	CCONJ
gujaf-55	125	14	β6inflait	β6inflait	NOUN
gujaf-55	126	1	+	+	CCONJ
gujaf-55	126	2	β7industmit	β7industmit	NOUN
gujaf-55	126	3	+	+	CCONJ
gujaf-55	126	4	εit	εit	ADJ
gujaf-55	126	5	.	.	PUNCT
gujaf-55	126	6	…	…	PUNCT
gujaf-55	127	1	……	……	NOUN
gujaf-55	127	2	……	……	NOUN
gujaf-55	127	3	……	……	NOUN
gujaf-55	127	4	……	……	NOUN
gujaf-55	127	5	……	……	NOUN
gujaf-55	127	6	……	……	NOUN
gujaf-55	127	7	.	.	PUNCT
gujaf-55	128	1	…	…	PUNCT
gujaf-55	128	2	..	..	PUNCT
gujaf-55	128	3	…	…	PUNCT
gujaf-55	128	4	(	(	PUNCT
gujaf-55	128	5	1	1	X
gujaf-55	128	6	)	)	PUNCT
gujaf-55	128	7	capstructure2	capstructure2	X
gujaf-55	129	1	=	=	SYM
gujaf-55	129	2	β0	β0	PROPN
gujaf-55	129	3	+	+	CCONJ
gujaf-55	129	4	β1liquiit	β1liquiit	PROPN
gujaf-55	129	5	+	+	CCONJ
gujaf-55	129	6	β2growthit	β2growthit	NOUN
gujaf-55	129	7	+	+	CCONJ
gujaf-55	129	8	β3tanit	β3tanit	VERB
gujaf-55	129	9	+	+	CCONJ
gujaf-55	129	10	β4profit	β4profit	NOUN
gujaf-55	129	11	+	+	CCONJ
gujaf-55	129	12	β5sizeit	β5sizeit	PUNCT
gujaf-55	129	13	+	+	CCONJ
gujaf-55	129	14	β6inflait	β6inflait	NOUN
gujaf-55	130	1	+	+	CCONJ
gujaf-55	130	2	β7industmit	β7industmit	ADJ
gujaf-55	130	3	+	+	CCONJ
gujaf-55	130	4	εit	εit	ADJ
gujaf-55	130	5	…	…	PUNCT
gujaf-55	130	6	……	……	NOUN
gujaf-55	130	7	……	……	NOUN
gujaf-55	130	8	……	……	NOUN
gujaf-55	130	9	……	……	NOUN
gujaf-55	130	10	……	……	NOUN
gujaf-55	130	11	……	……	NOUN
gujaf-55	130	12	……	……	NOUN
gujaf-55	130	13	……	……	NOUN
gujaf-55	130	14	……	……	NOUN
gujaf-55	130	15	(	(	PUNCT
gujaf-55	130	16	2	2	NUM
gujaf-55	130	17	)	)	PUNCT
gujaf-55	130	18	where	where	SCONJ
gujaf-55	130	19	:	:	PUNCT
gujaf-55	130	20	capstructureit	capstructureit	NOUN
gujaf-55	130	21	stands	stand	VERB
gujaf-55	130	22	for	for	ADP
gujaf-55	130	23	leverage	leverage	NOUN
gujaf-55	130	24	,	,	PUNCT
gujaf-55	130	25	β0	β0	NOUN
gujaf-55	130	26	being	be	AUX
gujaf-55	130	27	the	the	DET
gujaf-55	130	28	intercept	intercept	NOUN
gujaf-55	130	29	(	(	PUNCT
gujaf-55	130	30	constant	constant	ADJ
gujaf-55	130	31	)	)	PUNCT
gujaf-55	130	32	and	and	CCONJ
gujaf-55	130	33	the	the	DET
gujaf-55	130	34	other	other	ADJ
gujaf-55	130	35	βi	βi	PROPN
gujaf-55	130	36	’s	’s	PART
gujaf-55	130	37	are	be	AUX
gujaf-55	130	38	the	the	DET
gujaf-55	130	39	coefficients	coefficient	NOUN
gujaf-55	130	40	of	of	ADP
gujaf-55	130	41	the	the	DET
gujaf-55	130	42	respective	respective	ADJ
gujaf-55	130	43	regressors	regressor	NOUN
gujaf-55	130	44	.	.	PUNCT
gujaf-55	131	1	similarly	similarly	ADV
gujaf-55	131	2	,	,	PUNCT
gujaf-55	131	3	liqui	liqui	NOUN
gujaf-55	131	4	,	,	PUNCT
gujaf-55	131	5	growth	growth	NOUN
gujaf-55	131	6	,	,	PUNCT
gujaf-55	131	7	tan	tan	PROPN
gujaf-55	131	8	,	,	PUNCT
gujaf-55	131	9	prof	prof	NOUN
gujaf-55	131	10	,	,	PUNCT
gujaf-55	131	11	size	size	NOUN
gujaf-55	131	12	,	,	PUNCT
gujaf-55	131	13	infla	infla	NOUN
gujaf-55	131	14	,	,	PUNCT
gujaf-55	131	15	industm	industm	NOUN
gujaf-55	131	16	symbolize	symbolize	NOUN
gujaf-55	131	17	liquidity	liquidity	NOUN
gujaf-55	131	18	,	,	PUNCT
gujaf-55	131	19	growth	growth	NOUN
gujaf-55	131	20	,	,	PUNCT
gujaf-55	131	21	tangibility	tangibility	NOUN
gujaf-55	131	22	,	,	PUNCT
gujaf-55	131	23	profitability	profitability	NOUN
gujaf-55	131	24	,	,	PUNCT
gujaf-55	131	25	size	size	NOUN
gujaf-55	131	26	,	,	PUNCT
gujaf-55	131	27	expected	expect	VERB
gujaf-55	131	28	inflation	inflation	NOUN
gujaf-55	131	29	,	,	PUNCT
gujaf-55	131	30	median	median	ADJ
gujaf-55	131	31	industry	industry	NOUN
gujaf-55	131	32	leverage	leverage	NOUN
gujaf-55	131	33	respectively	respectively	ADV
gujaf-55	131	34	.	.	PUNCT
gujaf-55	132	1	the	the	DET
gujaf-55	132	2	regressors	regressor	NOUN
gujaf-55	132	3	except	except	SCONJ
gujaf-55	132	4	for	for	ADP
gujaf-55	132	5	liquidity	liquidity	NOUN
gujaf-55	132	6	are	be	AUX
gujaf-55	132	7	control	control	NOUN
gujaf-55	132	8	variables	variable	NOUN
gujaf-55	132	9	used	use	VERB
gujaf-55	132	10	to	to	PART
gujaf-55	132	11	improve	improve	VERB
gujaf-55	132	12	fitness	fitness	NOUN
gujaf-55	132	13	of	of	ADP
gujaf-55	132	14	the	the	DET
gujaf-55	132	15	model	model	NOUN
gujaf-55	132	16	.	.	PUNCT
gujaf-55	133	1	finally	finally	ADV
gujaf-55	133	2	,	,	PUNCT
gujaf-55	133	3	εit	εit	PROPN
gujaf-55	133	4	captures	capture	VERB
gujaf-55	133	5	the	the	DET
gujaf-55	133	6	stochastic	stochastic	ADJ
gujaf-55	133	7	disturbance	disturbance	NOUN
gujaf-55	133	8	(	(	PUNCT
gujaf-55	133	9	the	the	DET
gujaf-55	133	10	error	error	NOUN
gujaf-55	133	11	term	term	NOUN
gujaf-55	133	12	)	)	PUNCT
gujaf-55	133	13	.	.	PUNCT
gujaf-55	134	1	4	4	X
gujaf-55	134	2	.	.	NUM
gujaf-55	134	3	findings	finding	NOUN
gujaf-55	134	4	and	and	CCONJ
gujaf-55	134	5	discussion	discussion	NOUN
gujaf-55	134	6	of	of	ADP
gujaf-55	134	7	results	result	NOUN
gujaf-55	134	8	descriptive	descriptive	ADJ
gujaf-55	134	9	statistics	statistic	NOUN
gujaf-55	134	10	table	table	NOUN
gujaf-55	134	11	2	2	NUM
gujaf-55	134	12	shows	show	VERB
gujaf-55	134	13	the	the	DET
gujaf-55	134	14	descriptive	descriptive	ADJ
gujaf-55	134	15	statistics	statistic	NOUN
gujaf-55	134	16	for	for	ADP
gujaf-55	134	17	the	the	DET
gujaf-55	134	18	dependent	dependent	ADJ
gujaf-55	134	19	and	and	CCONJ
gujaf-55	134	20	independent	independent	ADJ
gujaf-55	134	21	variables	variable	NOUN
gujaf-55	134	22	of	of	ADP
gujaf-55	134	23	the	the	DET
gujaf-55	134	24	study	study	NOUN
gujaf-55	134	25	.	.	PUNCT
gujaf-55	135	1	table	table	NOUN
gujaf-55	135	2	2	2	NUM
gujaf-55	135	3	:	:	PUNCT
gujaf-55	135	4	descriptive	descriptive	ADJ
gujaf-55	135	5	statistics	statistic	NOUN
gujaf-55	135	6	of	of	ADP
gujaf-55	135	7	the	the	DET
gujaf-55	135	8	variables	variable	NOUN
gujaf-55	135	9	variables	variable	NOUN
gujaf-55	135	10	obs	obs	PROPN
gujaf-55	135	11	min	min	PROPN
gujaf-55	135	12	max	max	PROPN
gujaf-55	135	13	mean	mean	PROPN
gujaf-55	136	1	std	std	PROPN
gujaf-55	136	2	.	.	PUNCT
gujaf-55	136	3	dev	dev	PROPN
gujaf-55	136	4	sk	sk	PROPN
gujaf-55	136	5	test	test	NOUN
gujaf-55	136	6	prob	prob	PROPN
gujaf-55	136	7	.	.	PUNCT
gujaf-55	137	1	capstructure1	capstructure1	PROPN
gujaf-55	137	2	88	88	NUM
gujaf-55	138	1	0.0831	0.0831	NUM
gujaf-55	138	2	0.9359	0.9359	NUM
gujaf-55	138	3	0.5566	0.5566	NUM
gujaf-55	138	4	0.2388	0.2388	NUM
gujaf-55	138	5	0.0000	0.0000	NUM
gujaf-55	138	6	capstructure2	capstructure2	NOUN
gujaf-55	139	1	88	88	NUM
gujaf-55	139	2	0.0011	0.0011	NUM
gujaf-55	139	3	0.6792	0.6792	NUM
gujaf-55	139	4	0.1454	0.1454	NUM
gujaf-55	139	5	0.1789	0.1789	NUM
gujaf-55	139	6	0.0000	0.0000	NUM
gujaf-55	139	7	liqui	liqui	NOUN
gujaf-55	139	8	88	88	NUM
gujaf-55	139	9	0.2948	0.2948	NUM
gujaf-55	139	10	4.4746	4.4746	NUM
gujaf-55	139	11	1.0680	1.0680	NUM
gujaf-55	139	12	0.5908	0.5908	NUM
gujaf-55	139	13	0.0000	0.0000	NUM
gujaf-55	139	14	source	source	NOUN
gujaf-55	139	15	:	:	PUNCT
gujaf-55	139	16	descriptive	descriptive	ADJ
gujaf-55	139	17	statistic	statistic	NOUN
gujaf-55	139	18	results	result	NOUN
gujaf-55	139	19	from	from	ADP
gujaf-55	139	20	stata	stata	NOUN
gujaf-55	139	21	13	13	NUM
gujaf-55	139	22	the	the	DET
gujaf-55	139	23	first	first	ADJ
gujaf-55	139	24	measurement	measurement	NOUN
gujaf-55	139	25	of	of	ADP
gujaf-55	139	26	leverage	leverage	NOUN
gujaf-55	139	27	which	which	PRON
gujaf-55	139	28	is	be	AUX
gujaf-55	139	29	the	the	DET
gujaf-55	139	30	ratio	ratio	NOUN
gujaf-55	139	31	of	of	ADP
gujaf-55	139	32	total	total	ADJ
gujaf-55	139	33	debt	debt	NOUN
gujaf-55	139	34	to	to	ADP
gujaf-55	139	35	market	market	NOUN
gujaf-55	139	36	value	value	NOUN
gujaf-55	139	37	of	of	ADP
gujaf-55	139	38	assets	asset	NOUN
gujaf-55	139	39	ranged	range	VERB
gujaf-55	139	40	from	from	ADP
gujaf-55	139	41	0.0832	0.0832	NUM
gujaf-55	139	42	to	to	ADP
gujaf-55	139	43	0.9359	0.9359	NUM
gujaf-55	139	44	.	.	PUNCT
gujaf-55	140	1	this	this	PRON
gujaf-55	140	2	implies	imply	VERB
gujaf-55	140	3	that	that	SCONJ
gujaf-55	140	4	amongst	amongst	ADP
gujaf-55	140	5	the	the	DET
gujaf-55	140	6	firms	firm	NOUN
gujaf-55	140	7	and	and	CCONJ
gujaf-55	140	8	within	within	ADP
gujaf-55	140	9	the	the	DET
gujaf-55	140	10	study	study	NOUN
gujaf-55	140	11	period	period	NOUN
gujaf-55	140	12	,	,	PUNCT
gujaf-55	140	13	there	there	PRON
gujaf-55	140	14	was	be	VERB
gujaf-55	140	15	a	a	DET
gujaf-55	140	16	firm	firm	NOUN
gujaf-55	140	17	that	that	PRON
gujaf-55	140	18	recorded	record	VERB
gujaf-55	140	19	lowest	low	ADJ
gujaf-55	140	20	value	value	NOUN
gujaf-55	140	21	of	of	ADP
gujaf-55	140	22	total	total	ADJ
gujaf-55	140	23	debt	debt	NOUN
gujaf-55	140	24	at	at	ADP
gujaf-55	140	25	1	1	NUM
gujaf-55	140	26	%	%	NOUN
gujaf-55	140	27	,	,	PUNCT
gujaf-55	140	28	while	while	SCONJ
gujaf-55	140	29	the	the	DET
gujaf-55	140	30	highest	high	ADJ
gujaf-55	140	31	value	value	NOUN
gujaf-55	140	32	for	for	ADP
gujaf-55	140	33	total	total	ADJ
gujaf-55	140	34	gusau	gusau	ADJ
gujaf-55	140	35	journal	journal	NOUN
gujaf-55	140	36	of	of	ADP
gujaf-55	140	37	accounting	accounting	NOUN
gujaf-55	140	38	and	and	CCONJ
gujaf-55	140	39	finance	finance	NOUN
gujaf-55	140	40	,	,	PUNCT
gujaf-55	140	41	vol	vol	NOUN
gujaf-55	140	42	.	.	PROPN
gujaf-55	140	43	2	2	NUM
gujaf-55	140	44	,	,	PUNCT
gujaf-55	140	45	issue	issue	NOUN
gujaf-55	140	46	1	1	NUM
gujaf-55	140	47	,	,	PUNCT
gujaf-55	140	48	april	april	PROPN
gujaf-55	140	49	,	,	PUNCT
gujaf-55	140	50	2021	2021	NUM
gujaf-55	140	51	8	8	NUM
gujaf-55	140	52	debt	debt	NOUN
gujaf-55	140	53	was	be	AUX
gujaf-55	140	54	about	about	ADV
gujaf-55	140	55	94	94	NUM
gujaf-55	140	56	%	%	NOUN
gujaf-55	140	57	.	.	PUNCT
gujaf-55	141	1	the	the	DET
gujaf-55	141	2	mean	mean	ADJ
gujaf-55	141	3	value	value	NOUN
gujaf-55	141	4	for	for	ADP
gujaf-55	141	5	total	total	ADJ
gujaf-55	141	6	debt	debt	NOUN
gujaf-55	141	7	to	to	ADP
gujaf-55	141	8	market	market	NOUN
gujaf-55	141	9	value	value	NOUN
gujaf-55	141	10	of	of	ADP
gujaf-55	141	11	assets	asset	NOUN
gujaf-55	141	12	was	be	AUX
gujaf-55	141	13	0.5566	0.5566	NUM
gujaf-55	141	14	within	within	ADP
gujaf-55	141	15	the	the	DET
gujaf-55	141	16	study	study	NOUN
gujaf-55	141	17	period	period	NOUN
gujaf-55	141	18	implying	imply	VERB
gujaf-55	141	19	that	that	SCONJ
gujaf-55	141	20	on	on	ADP
gujaf-55	141	21	average	average	ADJ
gujaf-55	141	22	the	the	DET
gujaf-55	141	23	firms	firm	NOUN
gujaf-55	141	24	recorded	record	VERB
gujaf-55	141	25	56	56	NUM
gujaf-55	141	26	%	%	NOUN
gujaf-55	141	27	.	.	PUNCT
gujaf-55	142	1	the	the	DET
gujaf-55	142	2	standard	standard	ADJ
gujaf-55	142	3	deviation	deviation	NOUN
gujaf-55	142	4	for	for	ADP
gujaf-55	142	5	total	total	ADJ
gujaf-55	142	6	debt	debt	NOUN
gujaf-55	142	7	to	to	ADP
gujaf-55	142	8	market	market	NOUN
gujaf-55	142	9	value	value	NOUN
gujaf-55	142	10	of	of	ADP
gujaf-55	142	11	assets	asset	NOUN
gujaf-55	142	12	was	be	AUX
gujaf-55	142	13	0.2388	0.2388	NUM
gujaf-55	142	14	which	which	PRON
gujaf-55	142	15	indicates	indicate	VERB
gujaf-55	142	16	that	that	SCONJ
gujaf-55	142	17	the	the	DET
gujaf-55	142	18	variability	variability	NOUN
gujaf-55	142	19	about	about	ADP
gujaf-55	142	20	the	the	DET
gujaf-55	142	21	average	average	ADJ
gujaf-55	142	22	total	total	ADJ
gujaf-55	142	23	debt	debt	NOUN
gujaf-55	142	24	ratio	ratio	NOUN
gujaf-55	142	25	of	of	ADP
gujaf-55	142	26	listed	list	VERB
gujaf-55	142	27	oil	oil	NOUN
gujaf-55	142	28	and	and	CCONJ
gujaf-55	142	29	gas	gas	NOUN
gujaf-55	142	30	companies	company	NOUN
gujaf-55	142	31	in	in	ADP
gujaf-55	142	32	nigeria	nigeria	PROPN
gujaf-55	142	33	.	.	PUNCT
gujaf-55	143	1	the	the	DET
gujaf-55	143	2	joint	joint	ADJ
gujaf-55	143	3	p	p	NOUN
gujaf-55	143	4	-	-	PUNCT
gujaf-55	143	5	value	value	NOUN
gujaf-55	143	6	of	of	ADP
gujaf-55	143	7	skewness	skewness	NOUN
gujaf-55	143	8	and	and	CCONJ
gujaf-55	143	9	kurtosis	kurtosis	NOUN
gujaf-55	143	10	is	be	AUX
gujaf-55	143	11	significant	significant	ADJ
gujaf-55	143	12	at	at	ADP
gujaf-55	143	13	1	1	NUM
gujaf-55	143	14	%	%	NOUN
gujaf-55	143	15	which	which	PRON
gujaf-55	143	16	implies	imply	VERB
gujaf-55	143	17	the	the	DET
gujaf-55	143	18	data	datum	NOUN
gujaf-55	143	19	were	be	AUX
gujaf-55	143	20	not	not	PART
gujaf-55	143	21	normally	normally	ADV
gujaf-55	143	22	distributed	distribute	VERB
gujaf-55	143	23	.	.	PUNCT
gujaf-55	144	1	the	the	DET
gujaf-55	144	2	second	second	ADJ
gujaf-55	144	3	measure	measure	NOUN
gujaf-55	144	4	of	of	ADP
gujaf-55	144	5	leverage	leverage	NOUN
gujaf-55	144	6	(	(	PUNCT
gujaf-55	144	7	capstructure2	capstructure2	X
gujaf-55	144	8	)	)	PUNCT
gujaf-55	144	9	which	which	PRON
gujaf-55	144	10	is	be	AUX
gujaf-55	144	11	ratio	ratio	NOUN
gujaf-55	144	12	of	of	ADP
gujaf-55	144	13	long	long	ADJ
gujaf-55	144	14	-	-	PUNCT
gujaf-55	144	15	term	term	NOUN
gujaf-55	144	16	debt	debt	NOUN
gujaf-55	144	17	to	to	ADP
gujaf-55	144	18	market	market	NOUN
gujaf-55	144	19	value	value	NOUN
gujaf-55	144	20	of	of	ADP
gujaf-55	144	21	assets	asset	NOUN
gujaf-55	144	22	displayed	display	VERB
gujaf-55	144	23	a	a	DET
gujaf-55	144	24	minimum	minimum	ADJ
gujaf-55	144	25	value	value	NOUN
gujaf-55	144	26	of	of	ADP
gujaf-55	144	27	0.0011	0.0011	NUM
gujaf-55	144	28	and	and	CCONJ
gujaf-55	144	29	maximum	maximum	ADJ
gujaf-55	144	30	value	value	NOUN
gujaf-55	144	31	of	of	ADP
gujaf-55	144	32	0.6792	0.6792	NUM
gujaf-55	144	33	indicating	indicate	VERB
gujaf-55	144	34	that	that	SCONJ
gujaf-55	144	35	there	there	PRON
gujaf-55	144	36	was	be	VERB
gujaf-55	144	37	a	a	DET
gujaf-55	144	38	firm	firm	NOUN
gujaf-55	144	39	that	that	PRON
gujaf-55	144	40	recorded	record	VERB
gujaf-55	144	41	lowest	low	ADJ
gujaf-55	144	42	value	value	NOUN
gujaf-55	144	43	of	of	ADP
gujaf-55	144	44	long	long	ADJ
gujaf-55	144	45	term	term	NOUN
gujaf-55	144	46	debt	debt	NOUN
gujaf-55	144	47	at	at	ADP
gujaf-55	144	48	1	1	NUM
gujaf-55	144	49	%	%	NOUN
gujaf-55	144	50	,	,	PUNCT
gujaf-55	144	51	while	while	SCONJ
gujaf-55	144	52	the	the	DET
gujaf-55	144	53	highest	high	ADJ
gujaf-55	144	54	value	value	NOUN
gujaf-55	144	55	for	for	ADP
gujaf-55	144	56	total	total	ADJ
gujaf-55	144	57	debt	debt	NOUN
gujaf-55	144	58	was	be	AUX
gujaf-55	144	59	68	68	NUM
gujaf-55	144	60	%	%	NOUN
gujaf-55	144	61	.	.	PUNCT
gujaf-55	145	1	the	the	DET
gujaf-55	145	2	mean	mean	ADJ
gujaf-55	145	3	value	value	NOUN
gujaf-55	145	4	for	for	ADP
gujaf-55	145	5	long	long	ADJ
gujaf-55	145	6	term	term	NOUN
gujaf-55	145	7	debt	debt	NOUN
gujaf-55	145	8	to	to	ADP
gujaf-55	145	9	market	market	NOUN
gujaf-55	145	10	value	value	NOUN
gujaf-55	145	11	of	of	ADP
gujaf-55	145	12	assets	asset	NOUN
gujaf-55	145	13	was	be	AUX
gujaf-55	145	14	0.1454	0.1454	NUM
gujaf-55	145	15	within	within	ADP
gujaf-55	145	16	the	the	DET
gujaf-55	145	17	study	study	NOUN
gujaf-55	145	18	period	period	NOUN
gujaf-55	145	19	showing	show	VERB
gujaf-55	145	20	that	that	SCONJ
gujaf-55	145	21	on	on	ADP
gujaf-55	145	22	average	average	ADJ
gujaf-55	145	23	the	the	DET
gujaf-55	145	24	firms	firm	NOUN
gujaf-55	145	25	have	have	VERB
gujaf-55	145	26	15	15	NUM
gujaf-55	145	27	%	%	NOUN
gujaf-55	145	28	.	.	PUNCT
gujaf-55	146	1	the	the	DET
gujaf-55	146	2	standard	standard	ADJ
gujaf-55	146	3	deviation	deviation	NOUN
gujaf-55	146	4	for	for	ADP
gujaf-55	146	5	total	total	ADJ
gujaf-55	146	6	debt	debt	NOUN
gujaf-55	146	7	to	to	ADP
gujaf-55	146	8	market	market	NOUN
gujaf-55	146	9	value	value	NOUN
gujaf-55	146	10	of	of	ADP
gujaf-55	146	11	assets	asset	NOUN
gujaf-55	146	12	was	be	AUX
gujaf-55	146	13	higher	high	ADJ
gujaf-55	146	14	than	than	ADP
gujaf-55	146	15	its	its	PRON
gujaf-55	146	16	mean	mean	ADJ
gujaf-55	146	17	value	value	NOUN
gujaf-55	146	18	implying	imply	VERB
gujaf-55	146	19	that	that	SCONJ
gujaf-55	146	20	there	there	PRON
gujaf-55	146	21	was	be	VERB
gujaf-55	146	22	high	high	ADJ
gujaf-55	146	23	deviation	deviation	NOUN
gujaf-55	146	24	from	from	ADP
gujaf-55	146	25	the	the	DET
gujaf-55	146	26	actual	actual	ADJ
gujaf-55	146	27	mean	mean	NOUN
gujaf-55	146	28	.	.	PUNCT
gujaf-55	147	1	the	the	DET
gujaf-55	147	2	skewness	skewness	NOUN
gujaf-55	147	3	and	and	CCONJ
gujaf-55	147	4	kurtosis	kurtosis	VERB
gujaf-55	147	5	depict	depict	NOUN
gujaf-55	147	6	that	that	SCONJ
gujaf-55	147	7	the	the	DET
gujaf-55	147	8	data	datum	NOUN
gujaf-55	147	9	were	be	AUX
gujaf-55	147	10	not	not	PART
gujaf-55	147	11	normally	normally	ADV
gujaf-55	147	12	distributed	distribute	VERB
gujaf-55	147	13	as	as	SCONJ
gujaf-55	147	14	it	it	PRON
gujaf-55	147	15	recorded	record	VERB
gujaf-55	147	16	a	a	DET
gujaf-55	147	17	joint	joint	ADJ
gujaf-55	147	18	p	p	NOUN
gujaf-55	147	19	-	-	PUNCT
gujaf-55	147	20	value	value	NOUN
gujaf-55	147	21	of	of	ADP
gujaf-55	147	22	0.0000	0.0000	NUM
gujaf-55	147	23	.	.	PUNCT
gujaf-55	148	1	however	however	ADV
gujaf-55	148	2	,	,	PUNCT
gujaf-55	148	3	the	the	DET
gujaf-55	148	4	average	average	ADJ
gujaf-55	148	5	values	value	NOUN
gujaf-55	148	6	of	of	ADP
gujaf-55	148	7	lev1	lev1	NOUN
gujaf-55	148	8	(	(	PUNCT
gujaf-55	148	9	56	56	NUM
gujaf-55	148	10	%	%	NOUN
gujaf-55	148	11	)	)	PUNCT
gujaf-55	148	12	and	and	CCONJ
gujaf-55	148	13	lev2	lev2	PROPN
gujaf-55	148	14	(	(	PUNCT
gujaf-55	148	15	14	14	NUM
gujaf-55	148	16	%	%	NOUN
gujaf-55	148	17	)	)	PUNCT
gujaf-55	148	18	reveal	reveal	VERB
gujaf-55	148	19	that	that	SCONJ
gujaf-55	148	20	short	short	ADJ
gujaf-55	148	21	-	-	PUNCT
gujaf-55	148	22	term	term	NOUN
gujaf-55	148	23	debts	debt	NOUN
gujaf-55	148	24	account	account	VERB
gujaf-55	148	25	for	for	ADP
gujaf-55	148	26	a	a	DET
gujaf-55	148	27	larger	large	ADJ
gujaf-55	148	28	portion	portion	NOUN
gujaf-55	148	29	of	of	ADP
gujaf-55	148	30	financing	financing	NOUN
gujaf-55	148	31	for	for	ADP
gujaf-55	148	32	oil	oil	NOUN
gujaf-55	148	33	and	and	CCONJ
gujaf-55	148	34	gas	gas	NOUN
gujaf-55	148	35	companies	company	NOUN
gujaf-55	148	36	in	in	ADP
gujaf-55	148	37	nigeria	nigeria	PROPN
gujaf-55	148	38	.	.	PUNCT
gujaf-55	149	1	the	the	DET
gujaf-55	149	2	current	current	ADJ
gujaf-55	149	3	ratio	ratio	NOUN
gujaf-55	149	4	was	be	AUX
gujaf-55	149	5	used	use	VERB
gujaf-55	149	6	to	to	PART
gujaf-55	149	7	measure	measure	VERB
gujaf-55	149	8	liquidity	liquidity	NOUN
gujaf-55	149	9	which	which	PRON
gujaf-55	149	10	is	be	AUX
gujaf-55	149	11	equal	equal	ADJ
gujaf-55	149	12	to	to	ADP
gujaf-55	149	13	current	current	ADJ
gujaf-55	149	14	assets	asset	NOUN
gujaf-55	149	15	divided	divide	VERB
gujaf-55	149	16	by	by	ADP
gujaf-55	149	17	current	current	ADJ
gujaf-55	149	18	liabilities	liability	NOUN
gujaf-55	149	19	.	.	PUNCT
gujaf-55	150	1	liquidity	liquidity	NOUN
gujaf-55	150	2	has	have	VERB
gujaf-55	150	3	a	a	DET
gujaf-55	150	4	minimum	minimum	ADJ
gujaf-55	150	5	value	value	NOUN
gujaf-55	150	6	of	of	ADP
gujaf-55	150	7	0.2948	0.2948	NUM
gujaf-55	150	8	and	and	CCONJ
gujaf-55	150	9	maximum	maximum	ADJ
gujaf-55	150	10	value	value	NOUN
gujaf-55	150	11	of	of	ADP
gujaf-55	150	12	4.4746	4.4746	NUM
gujaf-55	150	13	implying	imply	VERB
gujaf-55	150	14	that	that	SCONJ
gujaf-55	150	15	liquidity	liquidity	NOUN
gujaf-55	150	16	of	of	ADP
gujaf-55	150	17	the	the	DET
gujaf-55	150	18	firms	firm	NOUN
gujaf-55	150	19	was	be	AUX
gujaf-55	150	20	as	as	ADV
gujaf-55	150	21	low	low	ADJ
gujaf-55	150	22	as	as	ADP
gujaf-55	150	23	29	29	NUM
gujaf-55	150	24	%	%	NOUN
gujaf-55	150	25	for	for	ADP
gujaf-55	150	26	a	a	DET
gujaf-55	150	27	firm	firm	NOUN
gujaf-55	150	28	within	within	ADP
gujaf-55	150	29	the	the	DET
gujaf-55	150	30	study	study	NOUN
gujaf-55	150	31	period	period	NOUN
gujaf-55	150	32	,	,	PUNCT
gujaf-55	150	33	while	while	SCONJ
gujaf-55	150	34	the	the	DET
gujaf-55	150	35	firm	firm	NOUN
gujaf-55	150	36	with	with	ADP
gujaf-55	150	37	largest	large	ADJ
gujaf-55	150	38	value	value	NOUN
gujaf-55	150	39	of	of	ADP
gujaf-55	150	40	liquidity	liquidity	NOUN
gujaf-55	150	41	was	be	AUX
gujaf-55	150	42	about	about	ADV
gujaf-55	150	43	447	447	NUM
gujaf-55	150	44	%	%	NOUN
gujaf-55	150	45	.	.	PUNCT
gujaf-55	151	1	the	the	DET
gujaf-55	151	2	average	average	ADJ
gujaf-55	151	3	value	value	NOUN
gujaf-55	151	4	of	of	ADP
gujaf-55	151	5	liquidity	liquidity	NOUN
gujaf-55	151	6	stood	stand	VERB
gujaf-55	151	7	at	at	ADP
gujaf-55	151	8	about	about	ADV
gujaf-55	151	9	106	106	NUM
gujaf-55	151	10	%	%	NOUN
gujaf-55	151	11	.	.	PUNCT
gujaf-55	152	1	the	the	DET
gujaf-55	152	2	standard	standard	ADJ
gujaf-55	152	3	deviation	deviation	NOUN
gujaf-55	152	4	for	for	ADP
gujaf-55	152	5	liquidity	liquidity	NOUN
gujaf-55	152	6	shows	show	VERB
gujaf-55	152	7	that	that	SCONJ
gujaf-55	152	8	the	the	DET
gujaf-55	152	9	average	average	ADJ
gujaf-55	152	10	value	value	NOUN
gujaf-55	152	11	recorded	record	VERB
gujaf-55	152	12	represent	represent	VERB
gujaf-55	152	13	the	the	DET
gujaf-55	152	14	true	true	ADJ
gujaf-55	152	15	mean	mean	NOUN
gujaf-55	152	16	while	while	SCONJ
gujaf-55	152	17	the	the	DET
gujaf-55	152	18	skewness	skewness	NOUN
gujaf-55	152	19	and	and	CCONJ
gujaf-55	152	20	kurtosis	kurtosis	VERB
gujaf-55	152	21	values	value	NOUN
gujaf-55	152	22	imply	imply	VERB
gujaf-55	152	23	that	that	SCONJ
gujaf-55	152	24	the	the	DET
gujaf-55	152	25	data	datum	NOUN
gujaf-55	152	26	was	be	AUX
gujaf-55	152	27	not	not	PART
gujaf-55	152	28	normally	normally	ADV
gujaf-55	152	29	distributed	distribute	VERB
gujaf-55	152	30	.	.	PUNCT
gujaf-55	153	1	correlation	correlation	NOUN
gujaf-55	153	2	analysis	analysis	NOUN
gujaf-55	153	3	table	table	NOUN
gujaf-55	153	4	3	3	NUM
gujaf-55	153	5	displays	display	VERB
gujaf-55	153	6	the	the	DET
gujaf-55	153	7	correlation	correlation	NOUN
gujaf-55	153	8	coefficients	coefficient	NOUN
gujaf-55	153	9	between	between	ADP
gujaf-55	153	10	dependent	dependent	ADJ
gujaf-55	153	11	and	and	CCONJ
gujaf-55	153	12	the	the	DET
gujaf-55	153	13	independent	independent	ADJ
gujaf-55	153	14	variables	variable	NOUN
gujaf-55	153	15	.	.	PUNCT
gujaf-55	154	1	table	table	NOUN
gujaf-55	154	2	3	3	NUM
gujaf-55	154	3	correlation	correlation	NOUN
gujaf-55	154	4	matrix	matrix	NOUN
gujaf-55	154	5	variables	variable	NOUN
gujaf-55	154	6	capstructure1	capstructure1	VERB
gujaf-55	154	7	capstructure2	capstructure2	X
gujaf-55	155	1	liqui	liqui	NOUN
gujaf-55	155	2	capstructure1	capstructure1	PROPN
gujaf-55	155	3	1.0000	1.0000	NUM
gujaf-55	155	4	capstructure2	capstructure2	NOUN
gujaf-55	155	5	0.4483	0.4483	NUM
gujaf-55	155	6	1.0000	1.0000	NUM
gujaf-55	155	7	liqui	liqui	NOUN
gujaf-55	155	8	-0.0444	-0.0444	X
gujaf-55	156	1	0.2376	0.2376	PROPN
gujaf-55	156	2	1.0000	1.0000	NUM
gujaf-55	156	3	source	source	NOUN
gujaf-55	156	4	:	:	PUNCT
gujaf-55	156	5	correlation	correlation	NOUN
gujaf-55	156	6	matrix	matrix	NOUN
gujaf-55	156	7	result	result	NOUN
gujaf-55	156	8	from	from	ADP
gujaf-55	156	9	stata	stata	NOUN
gujaf-55	156	10	13	13	NUM
gujaf-55	156	11	*	*	NOUN
gujaf-55	156	12	correlation	correlation	NOUN
gujaf-55	156	13	is	be	AUX
gujaf-55	156	14	significant	significant	ADJ
gujaf-55	156	15	at	at	ADP
gujaf-55	156	16	0.01	0.01	NUM
gujaf-55	156	17	or	or	CCONJ
gujaf-55	156	18	5	5	NUM
gujaf-55	156	19	%	%	NOUN
gujaf-55	156	20	level	level	NOUN
gujaf-55	156	21	from	from	ADP
gujaf-55	156	22	table	table	NOUN
gujaf-55	156	23	3	3	NUM
gujaf-55	156	24	,	,	PUNCT
gujaf-55	156	25	liquidity	liquidity	NOUN
gujaf-55	156	26	was	be	AUX
gujaf-55	156	27	found	find	VERB
gujaf-55	156	28	to	to	PART
gujaf-55	156	29	have	have	VERB
gujaf-55	156	30	insignificant	insignificant	ADJ
gujaf-55	156	31	and	and	CCONJ
gujaf-55	156	32	negative	negative	ADJ
gujaf-55	156	33	correlation	correlation	NOUN
gujaf-55	156	34	with	with	ADP
gujaf-55	156	35	capstructure	capstructure	NOUN
gujaf-55	156	36	and	and	CCONJ
gujaf-55	156	37	capstructure2	capstructure2	PROPN
gujaf-55	156	38	.	.	PUNCT
gujaf-55	157	1	the	the	DET
gujaf-55	157	2	level	level	NOUN
gujaf-55	157	3	of	of	ADP
gujaf-55	157	4	relationship	relationship	NOUN
gujaf-55	157	5	between	between	ADP
gujaf-55	157	6	liquidity	liquidity	NOUN
gujaf-55	157	7	and	and	CCONJ
gujaf-55	157	8	capstructure1	capstructure1	PROPN
gujaf-55	157	9	is	be	AUX
gujaf-55	157	10	at	at	ADP
gujaf-55	157	11	about	about	ADV
gujaf-55	157	12	4	4	NUM
gujaf-55	157	13	%	%	NOUN
gujaf-55	157	14	,	,	PUNCT
gujaf-55	157	15	while	while	SCONJ
gujaf-55	157	16	the	the	DET
gujaf-55	157	17	relationship	relationship	NOUN
gujaf-55	157	18	between	between	ADP
gujaf-55	157	19	liquidity	liquidity	NOUN
gujaf-55	157	20	and	and	CCONJ
gujaf-55	157	21	capstructure2	capstructure2	NOUN
gujaf-55	157	22	is	be	AUX
gujaf-55	157	23	at	at	ADP
gujaf-55	157	24	a	a	DET
gujaf-55	157	25	degree	degree	NOUN
gujaf-55	157	26	of	of	ADP
gujaf-55	157	27	24	24	NUM
gujaf-55	157	28	%	%	NOUN
gujaf-55	157	29	.	.	PUNCT
gujaf-55	158	1	interpretation	interpretation	NOUN
gujaf-55	158	2	of	of	ADP
gujaf-55	158	3	regression	regression	NOUN
gujaf-55	158	4	result	result	VERB
gujaf-55	158	5	this	this	DET
gujaf-55	158	6	section	section	NOUN
gujaf-55	158	7	presents	present	VERB
gujaf-55	158	8	the	the	DET
gujaf-55	158	9	regression	regression	NOUN
gujaf-55	158	10	result	result	NOUN
gujaf-55	158	11	showing	show	VERB
gujaf-55	158	12	the	the	DET
gujaf-55	158	13	coefficient	coefficient	NOUN
gujaf-55	158	14	values	value	NOUN
gujaf-55	158	15	,	,	PUNCT
gujaf-55	158	16	t	t	NOUN
gujaf-55	158	17	-	-	PUNCT
gujaf-55	158	18	values	value	NOUN
gujaf-55	158	19	and	and	CCONJ
gujaf-55	158	20	the	the	DET
gujaf-55	158	21	probability	probability	NOUN
gujaf-55	158	22	values	value	NOUN
gujaf-55	158	23	for	for	ADP
gujaf-55	158	24	liquidity	liquidity	NOUN
gujaf-55	158	25	.	.	PUNCT
gujaf-55	159	1	it	it	PRON
gujaf-55	159	2	also	also	ADV
gujaf-55	159	3	presents	present	VERB
gujaf-55	159	4	and	and	CCONJ
gujaf-55	159	5	discusses	discuss	VERB
gujaf-55	159	6	the	the	DET
gujaf-55	159	7	cumulative	cumulative	ADJ
gujaf-55	159	8	result	result	NOUN
gujaf-55	159	9	in	in	ADP
gujaf-55	159	10	respect	respect	NOUN
gujaf-55	159	11	of	of	ADP
gujaf-55	159	12	fisher	fisher	PROPN
gujaf-55	159	13	exact	exact	ADJ
gujaf-55	159	14	test	test	NOUN
gujaf-55	159	15	and	and	CCONJ
gujaf-55	159	16	coefficient	coefficient	NOUN
gujaf-55	159	17	of	of	ADP
gujaf-55	159	18	determination	determination	NOUN
gujaf-55	159	19	.	.	PUNCT
gujaf-55	160	1	gusau	gusau	PROPN
gujaf-55	160	2	journal	journal	PROPN
gujaf-55	160	3	of	of	ADP
gujaf-55	160	4	accounting	accounting	NOUN
gujaf-55	160	5	and	and	CCONJ
gujaf-55	160	6	finance	finance	NOUN
gujaf-55	160	7	,	,	PUNCT
gujaf-55	160	8	vol	vol	NOUN
gujaf-55	160	9	.	.	PROPN
gujaf-55	160	10	2	2	NUM
gujaf-55	160	11	,	,	PUNCT
gujaf-55	160	12	issue	issue	NOUN
gujaf-55	160	13	1	1	NUM
gujaf-55	160	14	,	,	PUNCT
gujaf-55	160	15	april	april	PROPN
gujaf-55	160	16	,	,	PUNCT
gujaf-55	160	17	2021	2021	NUM
gujaf-55	160	18	9	9	NUM
gujaf-55	160	19	table	table	NOUN
gujaf-55	160	20	4	4	NUM
gujaf-55	160	21	:	:	PUNCT
gujaf-55	160	22	summary	summary	NOUN
gujaf-55	160	23	of	of	ADP
gujaf-55	160	24	ols	ol	NOUN
gujaf-55	160	25	regression	regression	NOUN
gujaf-55	160	26	result	result	NOUN
gujaf-55	160	27	for	for	ADP
gujaf-55	160	28	the	the	DET
gujaf-55	160	29	two	two	NUM
gujaf-55	160	30	model	model	NOUN
gujaf-55	160	31	variables	variable	NOUN
gujaf-55	160	32	model	model	NOUN
gujaf-55	160	33	i	i	PRON
gujaf-55	160	34	capstructure1	capstructure1	PROPN
gujaf-55	161	1	model	model	PROPN
gujaf-55	161	2	ii	ii	PROPN
gujaf-55	161	3	capstructure2	capstructure2	PROPN
gujaf-55	161	4	liqui	liqui	PROPN
gujaf-55	161	5	coef	coef	PROPN
gujaf-55	161	6	.	.	PUNCT
gujaf-55	162	1	std	std	NOUN
gujaf-55	162	2	err	err	PROPN
gujaf-55	162	3	.	.	PUNCT
gujaf-55	163	1	prob	prob	PROPN
gujaf-55	163	2	0.0020	0.0020	NUM
gujaf-55	163	3	0.325	0.325	NUM
gujaf-55	163	4	0.956	0.956	NUM
gujaf-55	163	5	coef	coef	PROPN
gujaf-55	163	6	.	.	PUNCT
gujaf-55	164	1	std	std	NOUN
gujaf-55	164	2	err	err	PROPN
gujaf-55	164	3	.	.	PUNCT
gujaf-55	165	1	prob	prob	PROPN
gujaf-55	165	2	.	.	PUNCT
gujaf-55	166	1	0.0795	0.0795	NUM
gujaf-55	166	2	0.0236	0.0236	NUM
gujaf-55	166	3	0.001	0.001	NUM
gujaf-55	166	4	r	r	NOUN
gujaf-55	166	5	2	2	NUM
gujaf-55	166	6	f.stat	f.stat	NOUN
gujaf-55	166	7	f	f	NOUN
gujaf-55	166	8	-	-	PUNCT
gujaf-55	166	9	sig	sig	PRON
gujaf-55	166	10	0.5597	0.5597	NUM
gujaf-55	166	11	14.53	14.53	NUM
gujaf-55	166	12	0.0000	0.0000	NUM
gujaf-55	166	13	0.6218	0.6218	NUM
gujaf-55	166	14	13.46	13.46	NUM
gujaf-55	166	15	0.0000	0.0000	NUM
gujaf-55	166	16	source	source	NOUN
gujaf-55	166	17	:	:	PUNCT
gujaf-55	166	18	author	author	NOUN
gujaf-55	166	19	’s	’s	PART
gujaf-55	166	20	computation	computation	NOUN
gujaf-55	166	21	using	use	VERB
gujaf-55	166	22	stata	stata	NOUN
gujaf-55	166	23	13	13	NUM
gujaf-55	166	24	table	table	NOUN
gujaf-55	166	25	4	4	NUM
gujaf-55	166	26	shows	show	VERB
gujaf-55	166	27	the	the	DET
gujaf-55	166	28	cumulative	cumulative	ADJ
gujaf-55	166	29	r	r	NOUN
gujaf-55	166	30	2	2	NUM
gujaf-55	166	31	for	for	ADP
gujaf-55	166	32	model	model	NOUN
gujaf-55	166	33	i	i	PRON
gujaf-55	166	34	and	and	CCONJ
gujaf-55	166	35	ii	ii	PROPN
gujaf-55	166	36	are	be	AUX
gujaf-55	166	37	0.5591	0.5591	NUM
gujaf-55	166	38	and	and	CCONJ
gujaf-55	166	39	0.6218	0.6218	NUM
gujaf-55	166	40	respectively	respectively	ADV
gujaf-55	166	41	.	.	PUNCT
gujaf-55	167	1	they	they	PRON
gujaf-55	167	2	are	be	AUX
gujaf-55	167	3	multiple	multiple	ADJ
gujaf-55	167	4	coefficients	coefficient	NOUN
gujaf-55	167	5	of	of	ADP
gujaf-55	167	6	determination	determination	NOUN
gujaf-55	167	7	measuring	measure	VERB
gujaf-55	167	8	the	the	DET
gujaf-55	167	9	proportion	proportion	NOUN
gujaf-55	167	10	of	of	ADP
gujaf-55	167	11	the	the	DET
gujaf-55	167	12	total	total	ADJ
gujaf-55	167	13	variation	variation	NOUN
gujaf-55	167	14	in	in	ADP
gujaf-55	167	15	the	the	DET
gujaf-55	167	16	dependent	dependent	ADJ
gujaf-55	167	17	variables	variable	NOUN
gujaf-55	167	18	jointly	jointly	ADV
gujaf-55	167	19	explained	explain	VERB
gujaf-55	167	20	by	by	ADP
gujaf-55	167	21	the	the	DET
gujaf-55	167	22	independent	independent	ADJ
gujaf-55	167	23	variables	variable	NOUN
gujaf-55	167	24	.	.	PUNCT
gujaf-55	168	1	that	that	PRON
gujaf-55	168	2	is	is	ADV
gujaf-55	168	3	,	,	PUNCT
gujaf-55	168	4	the	the	DET
gujaf-55	168	5	values	value	NOUN
gujaf-55	168	6	indicate	indicate	VERB
gujaf-55	168	7	that	that	SCONJ
gujaf-55	168	8	56	56	NUM
gujaf-55	168	9	%	%	NOUN
gujaf-55	168	10	and	and	CCONJ
gujaf-55	168	11	62	62	NUM
gujaf-55	168	12	%	%	NOUN
gujaf-55	168	13	of	of	ADP
gujaf-55	168	14	the	the	DET
gujaf-55	168	15	total	total	ADJ
gujaf-55	168	16	variation	variation	NOUN
gujaf-55	168	17	in	in	ADP
gujaf-55	168	18	capital	capital	NOUN
gujaf-55	168	19	structure	structure	NOUN
gujaf-55	168	20	of	of	ADP
gujaf-55	168	21	listed	list	VERB
gujaf-55	168	22	oil	oil	NOUN
gujaf-55	168	23	and	and	CCONJ
gujaf-55	168	24	gas	gas	NOUN
gujaf-55	168	25	companies	company	NOUN
gujaf-55	168	26	in	in	ADP
gujaf-55	168	27	nigeria	nigeria	PROPN
gujaf-55	168	28	was	be	AUX
gujaf-55	168	29	caused	cause	VERB
gujaf-55	168	30	by	by	ADP
gujaf-55	168	31	liquidity	liquidity	NOUN
gujaf-55	168	32	.	.	PUNCT
gujaf-55	169	1	the	the	DET
gujaf-55	169	2	f	f	PROPN
gujaf-55	169	3	-	-	PUNCT
gujaf-55	169	4	statistics	statistic	NOUN
gujaf-55	169	5	of	of	ADP
gujaf-55	169	6	14.53	14.53	NUM
gujaf-55	169	7	and	and	CCONJ
gujaf-55	169	8	13.46	13.46	NUM
gujaf-55	169	9	for	for	ADP
gujaf-55	169	10	models	model	NOUN
gujaf-55	169	11	i	i	PRON
gujaf-55	169	12	and	and	CCONJ
gujaf-55	169	13	ii	ii	PROPN
gujaf-55	169	14	respectively	respectively	ADV
gujaf-55	169	15	which	which	PRON
gujaf-55	169	16	are	be	AUX
gujaf-55	169	17	significant	significant	ADJ
gujaf-55	169	18	at	at	ADP
gujaf-55	169	19	one	one	NUM
gujaf-55	169	20	percent	percent	NOUN
gujaf-55	169	21	indicate	indicate	VERB
gujaf-55	169	22	that	that	SCONJ
gujaf-55	169	23	the	the	DET
gujaf-55	169	24	capital	capital	NOUN
gujaf-55	169	25	structure	structure	NOUN
gujaf-55	169	26	and	and	CCONJ
gujaf-55	169	27	liquidity	liquidity	NOUN
gujaf-55	169	28	models	model	NOUN
gujaf-55	169	29	are	be	AUX
gujaf-55	169	30	well	well	ADV
gujaf-55	169	31	fitted	fit	VERB
gujaf-55	169	32	.	.	PUNCT
gujaf-55	170	1	it	it	PRON
gujaf-55	170	2	implies	imply	VERB
gujaf-55	170	3	that	that	SCONJ
gujaf-55	170	4	for	for	ADP
gujaf-55	170	5	any	any	DET
gujaf-55	170	6	change	change	NOUN
gujaf-55	170	7	liquidity	liquidity	NOUN
gujaf-55	170	8	of	of	ADP
gujaf-55	170	9	listed	list	VERB
gujaf-55	170	10	oil	oil	NOUN
gujaf-55	170	11	and	and	CCONJ
gujaf-55	170	12	gas	gas	NOUN
gujaf-55	170	13	companies	company	NOUN
gujaf-55	170	14	in	in	ADP
gujaf-55	170	15	nigeria	nigeria	PROPN
gujaf-55	170	16	,	,	PUNCT
gujaf-55	170	17	their	their	PRON
gujaf-55	170	18	capital	capital	NOUN
gujaf-55	170	19	structure	structure	NOUN
gujaf-55	170	20	will	will	AUX
gujaf-55	170	21	be	be	AUX
gujaf-55	170	22	affected	affect	VERB
gujaf-55	170	23	directly	directly	ADV
gujaf-55	170	24	.	.	PUNCT
gujaf-55	171	1	the	the	DET
gujaf-55	171	2	values	value	NOUN
gujaf-55	171	3	of	of	ADP
gujaf-55	171	4	f	f	PROPN
gujaf-55	171	5	-	-	PUNCT
gujaf-55	171	6	statistics	statistic	NOUN
gujaf-55	171	7	for	for	ADP
gujaf-55	171	8	the	the	DET
gujaf-55	171	9	two	two	NUM
gujaf-55	171	10	models	model	NOUN
gujaf-55	171	11	which	which	PRON
gujaf-55	171	12	are	be	AUX
gujaf-55	171	13	statistically	statistically	ADV
gujaf-55	171	14	significant	significant	ADJ
gujaf-55	171	15	at	at	ADP
gujaf-55	171	16	1	1	NUM
gujaf-55	171	17	%	%	NOUN
gujaf-55	171	18	imply	imply	NOUN
gujaf-55	171	19	that	that	SCONJ
gujaf-55	171	20	there	there	PRON
gujaf-55	171	21	is	be	VERB
gujaf-55	171	22	a	a	DET
gujaf-55	171	23	99.9	99.9	NUM
gujaf-55	171	24	percent	percent	NOUN
gujaf-55	171	25	probability	probability	NOUN
gujaf-55	171	26	that	that	SCONJ
gujaf-55	171	27	the	the	DET
gujaf-55	171	28	relationships	relationship	NOUN
gujaf-55	171	29	discernible	discernible	ADJ
gujaf-55	171	30	amongst	amongst	ADP
gujaf-55	171	31	the	the	DET
gujaf-55	171	32	variables	variable	NOUN
gujaf-55	171	33	were	be	AUX
gujaf-55	171	34	not	not	PART
gujaf-55	171	35	due	due	ADJ
gujaf-55	171	36	to	to	ADP
gujaf-55	171	37	mere	mere	ADJ
gujaf-55	171	38	chance	chance	NOUN
gujaf-55	171	39	.	.	PUNCT
gujaf-55	172	1	liquidity	liquidity	NOUN
gujaf-55	172	2	and	and	CCONJ
gujaf-55	172	3	capital	capital	NOUN
gujaf-55	172	4	structure	structure	NOUN
gujaf-55	172	5	liquidity	liquidity	NOUN
gujaf-55	172	6	recorded	record	VERB
gujaf-55	172	7	a	a	DET
gujaf-55	172	8	t	t	NOUN
gujaf-55	172	9	-	-	PUNCT
gujaf-55	172	10	value	value	NOUN
gujaf-55	172	11	of	of	ADP
gujaf-55	172	12	0.06	0.06	NUM
gujaf-55	172	13	and	and	CCONJ
gujaf-55	172	14	a	a	DET
gujaf-55	172	15	coefficient	coefficient	NOUN
gujaf-55	172	16	value	value	NOUN
gujaf-55	172	17	of	of	ADP
gujaf-55	172	18	0.0020	0.0020	NUM
gujaf-55	172	19	with	with	ADP
gujaf-55	172	20	insignificant	insignificant	ADJ
gujaf-55	172	21	value	value	NOUN
gujaf-55	172	22	at	at	ADP
gujaf-55	172	23	all	all	DET
gujaf-55	172	24	levels	level	NOUN
gujaf-55	172	25	of	of	ADP
gujaf-55	172	26	significance	significance	NOUN
gujaf-55	172	27	for	for	ADP
gujaf-55	172	28	total	total	ADJ
gujaf-55	172	29	debt	debt	NOUN
gujaf-55	172	30	,	,	PUNCT
gujaf-55	172	31	while	while	SCONJ
gujaf-55	172	32	liquidity	liquidity	NOUN
gujaf-55	172	33	was	be	AUX
gujaf-55	172	34	found	find	VERB
gujaf-55	172	35	to	to	PART
gujaf-55	172	36	have	have	VERB
gujaf-55	172	37	significant	significant	ADJ
gujaf-55	172	38	positive	positive	ADJ
gujaf-55	172	39	effect	effect	NOUN
gujaf-55	172	40	on	on	ADP
gujaf-55	172	41	long	long	ADJ
gujaf-55	172	42	-	-	PUNCT
gujaf-55	172	43	term	term	NOUN
gujaf-55	172	44	debt	debt	NOUN
gujaf-55	172	45	as	as	SCONJ
gujaf-55	172	46	it	it	PRON
gujaf-55	172	47	recorded	record	VERB
gujaf-55	172	48	a	a	DET
gujaf-55	172	49	coefficient	coefficient	NOUN
gujaf-55	172	50	value	value	NOUN
gujaf-55	172	51	of	of	ADP
gujaf-55	172	52	0.0795	0.0795	NUM
gujaf-55	172	53	and	and	CCONJ
gujaf-55	172	54	t	t	NOUN
gujaf-55	172	55	-	-	PUNCT
gujaf-55	172	56	value	value	NOUN
gujaf-55	172	57	of	of	ADP
gujaf-55	172	58	8.71	8.71	NUM
gujaf-55	172	59	which	which	PRON
gujaf-55	172	60	was	be	AUX
gujaf-55	172	61	significant	significant	ADJ
gujaf-55	172	62	at	at	ADP
gujaf-55	172	63	1	1	NUM
gujaf-55	172	64	%	%	NOUN
gujaf-55	172	65	level	level	NOUN
gujaf-55	172	66	.	.	PUNCT
gujaf-55	173	1	this	this	DET
gujaf-55	173	2	result	result	NOUN
gujaf-55	173	3	means	mean	VERB
gujaf-55	173	4	that	that	SCONJ
gujaf-55	173	5	liquidity	liquidity	NOUN
gujaf-55	173	6	is	be	AUX
gujaf-55	173	7	positively	positively	ADV
gujaf-55	173	8	and	and	CCONJ
gujaf-55	173	9	significantly	significantly	ADV
gujaf-55	173	10	influencing	influence	VERB
gujaf-55	173	11	capital	capital	NOUN
gujaf-55	173	12	structure	structure	NOUN
gujaf-55	173	13	(	(	PUNCT
gujaf-55	173	14	long	long	ADJ
gujaf-55	173	15	-	-	PUNCT
gujaf-55	173	16	term	term	NOUN
gujaf-55	173	17	debt	debt	NOUN
gujaf-55	173	18	)	)	PUNCT
gujaf-55	173	19	of	of	ADP
gujaf-55	173	20	listed	list	VERB
gujaf-55	173	21	oil	oil	NOUN
gujaf-55	173	22	and	and	CCONJ
gujaf-55	173	23	gas	gas	NOUN
gujaf-55	173	24	companies	company	NOUN
gujaf-55	173	25	in	in	ADP
gujaf-55	173	26	nigeria	nigeria	PROPN
gujaf-55	173	27	except	except	SCONJ
gujaf-55	173	28	for	for	ADP
gujaf-55	173	29	total	total	ADJ
gujaf-55	173	30	term	term	NOUN
gujaf-55	173	31	debt	debt	NOUN
gujaf-55	173	32	.	.	PUNCT
gujaf-55	174	1	it	it	PRON
gujaf-55	174	2	implies	imply	VERB
gujaf-55	174	3	that	that	SCONJ
gujaf-55	174	4	when	when	SCONJ
gujaf-55	174	5	there	there	PRON
gujaf-55	174	6	is	be	VERB
gujaf-55	174	7	an	an	DET
gujaf-55	174	8	increase	increase	NOUN
gujaf-55	174	9	in	in	ADP
gujaf-55	174	10	the	the	DET
gujaf-55	174	11	level	level	NOUN
gujaf-55	174	12	of	of	ADP
gujaf-55	174	13	liquidity	liquidity	NOUN
gujaf-55	174	14	of	of	ADP
gujaf-55	174	15	the	the	DET
gujaf-55	174	16	firm	firm	NOUN
gujaf-55	174	17	,	,	PUNCT
gujaf-55	174	18	the	the	DET
gujaf-55	174	19	capital	capital	NOUN
gujaf-55	174	20	structure	structure	NOUN
gujaf-55	174	21	need	need	NOUN
gujaf-55	174	22	of	of	ADP
gujaf-55	174	23	listed	list	VERB
gujaf-55	174	24	oil	oil	NOUN
gujaf-55	174	25	and	and	CCONJ
gujaf-55	174	26	gas	gas	NOUN
gujaf-55	174	27	companies	company	NOUN
gujaf-55	174	28	for	for	ADP
gujaf-55	174	29	long	long	ADJ
gujaf-55	174	30	-	-	PUNCT
gujaf-55	174	31	term	term	NOUN
gujaf-55	174	32	debt	debt	NOUN
gujaf-55	174	33	will	will	AUX
gujaf-55	174	34	increase	increase	VERB
gujaf-55	174	35	by	by	ADP
gujaf-55	174	36	the	the	DET
gujaf-55	174	37	coefficient	coefficient	NOUN
gujaf-55	174	38	value	value	NOUN
gujaf-55	174	39	except	except	SCONJ
gujaf-55	174	40	for	for	ADP
gujaf-55	174	41	total	total	ADJ
gujaf-55	174	42	term	term	NOUN
gujaf-55	174	43	debt	debt	NOUN
gujaf-55	174	44	.	.	PUNCT
gujaf-55	175	1	this	this	PRON
gujaf-55	175	2	may	may	AUX
gujaf-55	175	3	be	be	AUX
gujaf-55	175	4	as	as	ADP
gujaf-55	175	5	a	a	DET
gujaf-55	175	6	result	result	NOUN
gujaf-55	175	7	of	of	ADP
gujaf-55	175	8	the	the	DET
gujaf-55	175	9	fact	fact	NOUN
gujaf-55	175	10	that	that	SCONJ
gujaf-55	175	11	,	,	PUNCT
gujaf-55	175	12	when	when	SCONJ
gujaf-55	175	13	firms	firm	NOUN
gujaf-55	175	14	are	be	AUX
gujaf-55	175	15	liquid	liquid	ADJ
gujaf-55	175	16	,	,	PUNCT
gujaf-55	175	17	they	they	PRON
gujaf-55	175	18	can	can	AUX
gujaf-55	175	19	support	support	VERB
gujaf-55	175	20	more	more	ADJ
gujaf-55	175	21	debt	debt	NOUN
gujaf-55	175	22	ratio	ratio	NOUN
gujaf-55	175	23	as	as	SCONJ
gujaf-55	175	24	such	such	ADJ
gujaf-55	175	25	they	they	PRON
gujaf-55	175	26	will	will	AUX
gujaf-55	175	27	be	be	AUX
gujaf-55	175	28	able	able	ADJ
gujaf-55	175	29	to	to	PART
gujaf-55	175	30	discharge	discharge	VERB
gujaf-55	175	31	their	their	PRON
gujaf-55	175	32	short	short	ADJ
gujaf-55	175	33	-	-	PUNCT
gujaf-55	175	34	term	term	NOUN
gujaf-55	175	35	contractual	contractual	ADJ
gujaf-55	175	36	obligation	obligation	NOUN
gujaf-55	175	37	(	(	PUNCT
gujaf-55	175	38	interest	interest	NOUN
gujaf-55	175	39	payment	payment	NOUN
gujaf-55	175	40	)	)	PUNCT
gujaf-55	175	41	on	on	ADP
gujaf-55	175	42	time	time	NOUN
gujaf-55	175	43	.	.	PUNCT
gujaf-55	176	1	implying	imply	VERB
gujaf-55	176	2	that	that	SCONJ
gujaf-55	176	3	the	the	DET
gujaf-55	176	4	sampled	sample	VERB
gujaf-55	176	5	companies	company	NOUN
gujaf-55	176	6	go	go	VERB
gujaf-55	176	7	for	for	ADP
gujaf-55	176	8	long	long	ADJ
gujaf-55	176	9	-	-	PUNCT
gujaf-55	176	10	term	term	NOUN
gujaf-55	176	11	debt	debt	NOUN
gujaf-55	176	12	due	due	ADP
gujaf-55	176	13	to	to	ADP
gujaf-55	176	14	their	their	PRON
gujaf-55	176	15	ability	ability	NOUN
gujaf-55	176	16	to	to	PART
gujaf-55	176	17	cover	cover	VERB
gujaf-55	176	18	their	their	PRON
gujaf-55	176	19	short	short	ADJ
gujaf-55	176	20	-	-	PUNCT
gujaf-55	176	21	term	term	NOUN
gujaf-55	176	22	obligations	obligation	NOUN
gujaf-55	176	23	as	as	ADP
gujaf-55	176	24	at	at	ADP
gujaf-55	176	25	when	when	SCONJ
gujaf-55	176	26	due	due	ADJ
gujaf-55	176	27	and	and	CCONJ
gujaf-55	176	28	also	also	ADV
gujaf-55	176	29	using	use	VERB
gujaf-55	176	30	the	the	DET
gujaf-55	176	31	excess	excess	ADJ
gujaf-55	176	32	liquidity	liquidity	NOUN
gujaf-55	176	33	to	to	PART
gujaf-55	176	34	indulge	indulge	VERB
gujaf-55	176	35	in	in	ADP
gujaf-55	176	36	more	more	ADJ
gujaf-55	176	37	investments	investment	NOUN
gujaf-55	176	38	hence	hence	ADV
gujaf-55	176	39	attract	attract	VERB
gujaf-55	176	40	more	more	ADJ
gujaf-55	176	41	returns	return	NOUN
gujaf-55	176	42	and	and	CCONJ
gujaf-55	176	43	as	as	ADP
gujaf-55	176	44	such	such	DET
gujaf-55	176	45	the	the	DET
gujaf-55	176	46	need	need	NOUN
gujaf-55	176	47	for	for	ADP
gujaf-55	176	48	debt	debt	NOUN
gujaf-55	176	49	financing	financing	NOUN
gujaf-55	176	50	especially	especially	ADV
gujaf-55	176	51	short	short	ADJ
gujaf-55	176	52	-	-	PUNCT
gujaf-55	176	53	term	term	NOUN
gujaf-55	176	54	debt	debt	NOUN
gujaf-55	176	55	will	will	AUX
gujaf-55	176	56	decrease	decrease	VERB
gujaf-55	176	57	or	or	CCONJ
gujaf-55	176	58	may	may	AUX
gujaf-55	176	59	not	not	PART
gujaf-55	176	60	even	even	ADV
gujaf-55	176	61	arise	arise	VERB
gujaf-55	176	62	.	.	PUNCT
gujaf-55	177	1	this	this	DET
gujaf-55	177	2	finding	finding	NOUN
gujaf-55	177	3	is	be	AUX
gujaf-55	177	4	in	in	ADP
gujaf-55	177	5	line	line	NOUN
gujaf-55	177	6	with	with	ADP
gujaf-55	177	7	the	the	DET
gujaf-55	177	8	prediction	prediction	NOUN
gujaf-55	177	9	of	of	ADP
gujaf-55	177	10	trade	trade	NOUN
gujaf-55	177	11	off	off	ADP
gujaf-55	177	12	theory	theory	NOUN
gujaf-55	177	13	of	of	ADP
gujaf-55	177	14	debt	debt	NOUN
gujaf-55	177	15	financing	financing	NOUN
gujaf-55	177	16	.	.	PUNCT
gujaf-55	178	1	from	from	ADP
gujaf-55	178	2	foregoing	forego	VERB
gujaf-55	178	3	discussion	discussion	NOUN
gujaf-55	178	4	in	in	ADP
gujaf-55	178	5	respect	respect	NOUN
gujaf-55	178	6	of	of	ADP
gujaf-55	178	7	liquidity	liquidity	NOUN
gujaf-55	178	8	of	of	ADP
gujaf-55	178	9	firm	firm	NOUN
gujaf-55	178	10	having	have	VERB
gujaf-55	178	11	significant	significant	ADJ
gujaf-55	178	12	positive	positive	ADJ
gujaf-55	178	13	effect	effect	NOUN
gujaf-55	178	14	on	on	ADP
gujaf-55	178	15	capital	capital	NOUN
gujaf-55	178	16	structure	structure	NOUN
gujaf-55	178	17	(	(	PUNCT
gujaf-55	178	18	long	long	ADJ
gujaf-55	178	19	-	-	PUNCT
gujaf-55	178	20	term	term	NOUN
gujaf-55	178	21	debt	debt	NOUN
gujaf-55	178	22	)	)	PUNCT
gujaf-55	178	23	except	except	SCONJ
gujaf-55	178	24	total	total	ADJ
gujaf-55	178	25	term	term	NOUN
gujaf-55	178	26	debt	debt	NOUN
gujaf-55	178	27	.	.	PUNCT
gujaf-55	179	1	the	the	DET
gujaf-55	179	2	finding	finding	NOUN
gujaf-55	179	3	is	be	AUX
gujaf-55	179	4	in	in	ADP
gujaf-55	179	5	line	line	NOUN
gujaf-55	179	6	with	with	ADP
gujaf-55	179	7	the	the	DET
gujaf-55	179	8	result	result	NOUN
gujaf-55	179	9	of	of	ADP
gujaf-55	179	10	ghasemi	ghasemi	PROPN
gujaf-55	179	11	and	and	CCONJ
gujaf-55	179	12	razak	razak	PROPN
gujaf-55	179	13	(	(	PUNCT
gujaf-55	179	14	2016	2016	NUM
gujaf-55	179	15	)	)	PUNCT
gujaf-55	179	16	and	and	CCONJ
gujaf-55	179	17	contradicts	contradict	VERB
gujaf-55	179	18	the	the	DET
gujaf-55	179	19	findings	finding	NOUN
gujaf-55	179	20	of	of	ADP
gujaf-55	179	21	ramlall	ramlall	NOUN
gujaf-55	179	22	(	(	PUNCT
gujaf-55	179	23	2009	2009	NUM
gujaf-55	179	24	)	)	PUNCT
gujaf-55	179	25	,	,	PUNCT
gujaf-55	179	26	ebadi	ebadi	NOUN
gujaf-55	179	27	et	et	PROPN
gujaf-55	179	28	al	al	PROPN
gujaf-55	179	29	(	(	PUNCT
gujaf-55	179	30	2011	2011	NUM
gujaf-55	179	31	)	)	PUNCT
gujaf-55	179	32	,	,	PUNCT
gujaf-55	179	33	zabri	zabri	NOUN
gujaf-55	179	34	(	(	PUNCT
gujaf-55	179	35	2012	2012	NUM
gujaf-55	179	36	)	)	PUNCT
gujaf-55	179	37	,	,	PUNCT
gujaf-55	179	38	sharif	sharif	PROPN
gujaf-55	179	39	et	et	PROPN
gujaf-55	179	40	al	al	PROPN
gujaf-55	179	41	(	(	PUNCT
gujaf-55	179	42	2012	2012	NUM
gujaf-55	179	43	)	)	PUNCT
gujaf-55	179	44	,	,	PUNCT
gujaf-55	179	45	shala	shala	PROPN
gujaf-55	179	46	et	et	PROPN
gujaf-55	179	47	al	al	PROPN
gujaf-55	179	48	(	(	PUNCT
gujaf-55	179	49	2014	2014	NUM
gujaf-55	179	50	)	)	PUNCT
gujaf-55	179	51	ghasemi	ghasemi	PROPN
gujaf-55	179	52	and	and	CCONJ
gujaf-55	179	53	razak	razak	PROPN
gujaf-55	179	54	(	(	PUNCT
gujaf-55	179	55	2016	2016	NUM
gujaf-55	179	56	)	)	PUNCT
gujaf-55	179	57	.	.	PUNCT
gujaf-55	180	1	the	the	DET
gujaf-55	180	2	contradiction	contradiction	NOUN
gujaf-55	180	3	with	with	ADP
gujaf-55	180	4	prior	prior	ADJ
gujaf-55	180	5	studies	study	NOUN
gujaf-55	180	6	is	be	AUX
gujaf-55	180	7	due	due	ADJ
gujaf-55	180	8	to	to	ADP
gujaf-55	180	9	firm	firm	ADJ
gujaf-55	180	10	-	-	PUNCT
gujaf-55	180	11	specific	specific	ADJ
gujaf-55	180	12	and	and	CCONJ
gujaf-55	180	13	country	country	NOUN
gujaf-55	180	14	factors	factor	NOUN
gujaf-55	180	15	of	of	ADP
gujaf-55	180	16	the	the	DET
gujaf-55	180	17	sector	sector	NOUN
gujaf-55	180	18	under	under	ADP
gujaf-55	180	19	study	study	NOUN
gujaf-55	180	20	that	that	PRON
gujaf-55	180	21	is	be	AUX
gujaf-55	180	22	the	the	DET
gujaf-55	180	23	oil	oil	NOUN
gujaf-55	180	24	and	and	CCONJ
gujaf-55	180	25	gas	gas	NOUN
gujaf-55	180	26	companies	company	NOUN
gujaf-55	180	27	in	in	ADP
gujaf-55	180	28	nigeria	nigeria	PROPN
gujaf-55	180	29	.	.	PUNCT
gujaf-55	181	1	the	the	DET
gujaf-55	181	2	average	average	ADJ
gujaf-55	181	3	liquidity	liquidity	NOUN
gujaf-55	181	4	of	of	ADP
gujaf-55	181	5	oil	oil	NOUN
gujaf-55	181	6	and	and	CCONJ
gujaf-55	181	7	gas	gas	NOUN
gujaf-55	181	8	companies	company	NOUN
gujaf-55	181	9	in	in	ADP
gujaf-55	181	10	nigeria	nigeria	PROPN
gujaf-55	181	11	during	during	ADP
gujaf-55	181	12	the	the	DET
gujaf-55	181	13	span	span	NOUN
gujaf-55	181	14	of	of	ADP
gujaf-55	181	15	this	this	DET
gujaf-55	181	16	study	study	NOUN
gujaf-55	181	17	is	be	AUX
gujaf-55	181	18	106	106	NUM
gujaf-55	181	19	%	%	NOUN
gujaf-55	181	20	(	(	PUNCT
gujaf-55	181	21	see	see	VERB
gujaf-55	181	22	table	table	NOUN
gujaf-55	181	23	2	2	NUM
gujaf-55	181	24	)	)	PUNCT
gujaf-55	181	25	indicating	indicate	VERB
gujaf-55	181	26	that	that	SCONJ
gujaf-55	181	27	oil	oil	NOUN
gujaf-55	181	28	and	and	CCONJ
gujaf-55	181	29	gas	gas	NOUN
gujaf-55	181	30	companies	company	NOUN
gujaf-55	181	31	in	in	ADP
gujaf-55	181	32	nigeria	nigeria	PROPN
gujaf-55	181	33	are	be	AUX
gujaf-55	181	34	very	very	ADV
gujaf-55	181	35	liquid	liquid	ADJ
gujaf-55	181	36	thereby	thereby	ADV
gujaf-55	181	37	making	make	VERB
gujaf-55	181	38	them	they	PRON
gujaf-55	181	39	to	to	PART
gujaf-55	181	40	go	go	VERB
gujaf-55	181	41	for	for	ADP
gujaf-55	181	42	more	more	ADV
gujaf-55	181	43	long	long	ADJ
gujaf-55	181	44	term	term	NOUN
gujaf-55	181	45	debt	debt	NOUN
gujaf-55	181	46	.	.	PUNCT
gujaf-55	182	1	gusau	gusau	PROPN
gujaf-55	182	2	journal	journal	PROPN
gujaf-55	182	3	of	of	ADP
gujaf-55	182	4	accounting	accounting	NOUN
gujaf-55	182	5	and	and	CCONJ
gujaf-55	182	6	finance	finance	NOUN
gujaf-55	182	7	,	,	PUNCT
gujaf-55	182	8	vol	vol	NOUN
gujaf-55	182	9	.	.	PROPN
gujaf-55	182	10	2	2	NUM
gujaf-55	182	11	,	,	PUNCT
gujaf-55	182	12	issue	issue	NOUN
gujaf-55	182	13	1	1	NUM
gujaf-55	182	14	,	,	PUNCT
gujaf-55	182	15	april	april	PROPN
gujaf-55	182	16	,	,	PUNCT
gujaf-55	182	17	2021	2021	NUM
gujaf-55	182	18	10	10	NUM
gujaf-55	182	19	5	5	NUM
gujaf-55	182	20	.	.	PUNCT
gujaf-55	182	21	conclusion	conclusion	NOUN
gujaf-55	182	22	and	and	CCONJ
gujaf-55	182	23	recommendations	recommendation	NOUN
gujaf-55	182	24	this	this	DET
gujaf-55	182	25	study	study	NOUN
gujaf-55	182	26	investigated	investigate	VERB
gujaf-55	182	27	the	the	DET
gujaf-55	182	28	effect	effect	NOUN
gujaf-55	182	29	of	of	ADP
gujaf-55	182	30	liquidity	liquidity	NOUN
gujaf-55	182	31	on	on	ADP
gujaf-55	182	32	the	the	DET
gujaf-55	182	33	capital	capital	NOUN
gujaf-55	182	34	structure	structure	NOUN
gujaf-55	182	35	of	of	ADP
gujaf-55	182	36	listed	list	VERB
gujaf-55	182	37	oil	oil	NOUN
gujaf-55	182	38	and	and	CCONJ
gujaf-55	182	39	gas	gas	NOUN
gujaf-55	182	40	companies	company	NOUN
gujaf-55	182	41	in	in	ADP
gujaf-55	182	42	nigeria	nigeria	PROPN
gujaf-55	182	43	.	.	PUNCT
gujaf-55	183	1	based	base	VERB
gujaf-55	183	2	on	on	ADP
gujaf-55	183	3	the	the	DET
gujaf-55	183	4	key	key	ADJ
gujaf-55	183	5	findings	finding	NOUN
gujaf-55	183	6	,	,	PUNCT
gujaf-55	183	7	the	the	DET
gujaf-55	183	8	study	study	NOUN
gujaf-55	183	9	concludes	conclude	VERB
gujaf-55	183	10	that	that	SCONJ
gujaf-55	183	11	liquidity	liquidity	NOUN
gujaf-55	183	12	has	have	VERB
gujaf-55	183	13	significant	significant	ADJ
gujaf-55	183	14	impact	impact	NOUN
gujaf-55	183	15	on	on	ADP
gujaf-55	183	16	the	the	DET
gujaf-55	183	17	choice	choice	NOUN
gujaf-55	183	18	of	of	ADP
gujaf-55	183	19	capital	capital	NOUN
gujaf-55	183	20	structure	structure	NOUN
gujaf-55	183	21	by	by	ADP
gujaf-55	183	22	listed	list	VERB
gujaf-55	183	23	oil	oil	NOUN
gujaf-55	183	24	and	and	CCONJ
gujaf-55	183	25	gas	gas	NOUN
gujaf-55	183	26	companies	company	NOUN
gujaf-55	183	27	in	in	ADP
gujaf-55	183	28	nigeria	nigeria	PROPN
gujaf-55	183	29	.	.	PUNCT
gujaf-55	184	1	the	the	DET
gujaf-55	184	2	findings	finding	NOUN
gujaf-55	184	3	of	of	ADP
gujaf-55	184	4	this	this	DET
gujaf-55	184	5	study	study	NOUN
gujaf-55	184	6	revealed	reveal	VERB
gujaf-55	184	7	that	that	SCONJ
gujaf-55	184	8	appropriate	appropriate	ADJ
gujaf-55	184	9	level	level	NOUN
gujaf-55	184	10	of	of	ADP
gujaf-55	184	11	liquidity	liquidity	NOUN
gujaf-55	184	12	depends	depend	VERB
gujaf-55	184	13	on	on	ADP
gujaf-55	184	14	the	the	DET
gujaf-55	184	15	measure	measure	NOUN
gujaf-55	184	16	of	of	ADP
gujaf-55	184	17	leverage	leverage	NOUN
gujaf-55	184	18	.	.	PUNCT
gujaf-55	185	1	therefore	therefore	ADV
gujaf-55	185	2	,	,	PUNCT
gujaf-55	185	3	this	this	DET
gujaf-55	185	4	study	study	NOUN
gujaf-55	185	5	concludes	conclude	VERB
gujaf-55	185	6	that	that	SCONJ
gujaf-55	185	7	liquidity	liquidity	NOUN
gujaf-55	185	8	portrayed	portray	VERB
gujaf-55	185	9	a	a	DET
gujaf-55	185	10	positive	positive	ADJ
gujaf-55	185	11	effect	effect	NOUN
gujaf-55	185	12	on	on	ADP
gujaf-55	185	13	the	the	DET
gujaf-55	185	14	long	long	ADJ
gujaf-55	185	15	term	term	NOUN
gujaf-55	185	16	debt	debt	NOUN
gujaf-55	185	17	measure	measure	NOUN
gujaf-55	185	18	of	of	ADP
gujaf-55	185	19	leverage	leverage	NOUN
gujaf-55	185	20	of	of	ADP
gujaf-55	185	21	listed	list	VERB
gujaf-55	185	22	oil	oil	NOUN
gujaf-55	185	23	and	and	CCONJ
gujaf-55	185	24	gas	gas	NOUN
gujaf-55	185	25	companies	company	NOUN
gujaf-55	185	26	for	for	ADP
gujaf-55	185	27	the	the	DET
gujaf-55	185	28	period	period	NOUN
gujaf-55	185	29	under	under	ADP
gujaf-55	185	30	review	review	NOUN
gujaf-55	185	31	.	.	PUNCT
gujaf-55	186	1	the	the	DET
gujaf-55	186	2	study	study	NOUN
gujaf-55	186	3	also	also	ADV
gujaf-55	186	4	concludes	conclude	VERB
gujaf-55	186	5	that	that	SCONJ
gujaf-55	186	6	a	a	DET
gujaf-55	186	7	single	single	ADJ
gujaf-55	186	8	measure	measure	NOUN
gujaf-55	186	9	of	of	ADP
gujaf-55	186	10	leverage	leverage	NOUN
gujaf-55	186	11	as	as	ADP
gujaf-55	186	12	a	a	DET
gujaf-55	186	13	proxy	proxy	NOUN
gujaf-55	186	14	of	of	ADP
gujaf-55	186	15	capital	capital	NOUN
gujaf-55	186	16	structure	structure	NOUN
gujaf-55	186	17	especially	especially	ADV
gujaf-55	186	18	total	total	VERB
gujaf-55	186	19	debt	debt	NOUN
gujaf-55	186	20	as	as	SCONJ
gujaf-55	186	21	used	use	VERB
gujaf-55	186	22	by	by	ADP
gujaf-55	186	23	previous	previous	ADJ
gujaf-55	186	24	studies	study	NOUN
gujaf-55	186	25	may	may	AUX
gujaf-55	186	26	not	not	PART
gujaf-55	186	27	adequately	adequately	ADV
gujaf-55	186	28	capture	capture	VERB
gujaf-55	186	29	its	its	PRON
gujaf-55	186	30	significance	significance	NOUN
gujaf-55	186	31	and	and	CCONJ
gujaf-55	186	32	level	level	NOUN
gujaf-55	186	33	of	of	ADP
gujaf-55	186	34	correlation	correlation	NOUN
gujaf-55	186	35	with	with	ADP
gujaf-55	186	36	the	the	DET
gujaf-55	186	37	explanatory	explanatory	ADJ
gujaf-55	186	38	factor	factor	NOUN
gujaf-55	186	39	.	.	PUNCT
gujaf-55	187	1	that	that	PRON
gujaf-55	187	2	is	be	AUX
gujaf-55	187	3	,	,	PUNCT
gujaf-55	187	4	when	when	SCONJ
gujaf-55	187	5	measuring	measure	VERB
gujaf-55	187	6	capital	capital	NOUN
gujaf-55	187	7	structure	structure	NOUN
gujaf-55	187	8	,	,	PUNCT
gujaf-55	187	9	adequate	adequate	ADJ
gujaf-55	187	10	attention	attention	NOUN
gujaf-55	187	11	should	should	AUX
gujaf-55	187	12	be	be	AUX
gujaf-55	187	13	given	give	VERB
gujaf-55	187	14	to	to	ADP
gujaf-55	187	15	the	the	DET
gujaf-55	187	16	proxies	proxy	NOUN
gujaf-55	187	17	used	use	VERB
gujaf-55	187	18	in	in	ADP
gujaf-55	187	19	measuring	measure	VERB
gujaf-55	187	20	it	it	PRON
gujaf-55	187	21	.	.	PUNCT
gujaf-55	188	1	this	this	PRON
gujaf-55	188	2	is	be	AUX
gujaf-55	188	3	because	because	SCONJ
gujaf-55	188	4	decisions	decision	NOUN
gujaf-55	188	5	on	on	ADP
gujaf-55	188	6	capital	capital	NOUN
gujaf-55	188	7	structure	structure	NOUN
gujaf-55	188	8	are	be	AUX
gujaf-55	188	9	long	long	ADJ
gujaf-55	188	10	-	-	PUNCT
gujaf-55	188	11	term	term	NOUN
gujaf-55	188	12	based	base	VERB
gujaf-55	188	13	.	.	PUNCT
gujaf-55	189	1	therefore	therefore	ADV
gujaf-55	189	2	,	,	PUNCT
gujaf-55	189	3	measuring	measure	VERB
gujaf-55	189	4	capital	capital	NOUN
gujaf-55	189	5	structure	structure	NOUN
gujaf-55	189	6	using	use	VERB
gujaf-55	189	7	total	total	ADJ
gujaf-55	189	8	debt	debt	NOUN
gujaf-55	189	9	may	may	AUX
gujaf-55	189	10	be	be	AUX
gujaf-55	189	11	difficult	difficult	ADJ
gujaf-55	189	12	to	to	PART
gujaf-55	189	13	interpret	interpret	VERB
gujaf-55	189	14	due	due	ADP
gujaf-55	189	15	to	to	ADP
gujaf-55	189	16	the	the	DET
gujaf-55	189	17	amount	amount	NOUN
gujaf-55	189	18	of	of	ADP
gujaf-55	189	19	trade	trade	NOUN
gujaf-55	189	20	credit	credit	NOUN
gujaf-55	189	21	included	include	VERB
gujaf-55	189	22	in	in	ADP
gujaf-55	189	23	short	short	ADJ
gujaf-55	189	24	term	term	NOUN
gujaf-55	189	25	debt	debt	NOUN
gujaf-55	189	26	.	.	PUNCT
gujaf-55	190	1	the	the	DET
gujaf-55	190	2	study	study	NOUN
gujaf-55	190	3	recommends	recommend	VERB
gujaf-55	190	4	that	that	SCONJ
gujaf-55	190	5	the	the	DET
gujaf-55	190	6	option	option	NOUN
gujaf-55	190	7	of	of	ADP
gujaf-55	190	8	debt	debt	NOUN
gujaf-55	190	9	should	should	AUX
gujaf-55	190	10	be	be	AUX
gujaf-55	190	11	chosen	choose	VERB
gujaf-55	190	12	with	with	ADP
gujaf-55	190	13	utmost	utmost	ADJ
gujaf-55	190	14	circumspection	circumspection	NOUN
gujaf-55	190	15	to	to	PART
gujaf-55	190	16	hedge	hedge	VERB
gujaf-55	190	17	against	against	ADP
gujaf-55	190	18	shareholders	shareholder	NOUN
gujaf-55	190	19	losing	lose	VERB
gujaf-55	190	20	control	control	NOUN
gujaf-55	190	21	to	to	ADP
gujaf-55	190	22	the	the	DET
gujaf-55	190	23	bondholders	bondholder	NOUN
gujaf-55	190	24	.	.	PUNCT
gujaf-55	191	1	more	more	ADV
gujaf-55	191	2	clearly	clearly	ADV
gujaf-55	191	3	,	,	PUNCT
gujaf-55	191	4	when	when	SCONJ
gujaf-55	191	5	opting	opt	VERB
gujaf-55	191	6	for	for	ADP
gujaf-55	191	7	debt	debt	NOUN
gujaf-55	191	8	liquidity	liquidity	NOUN
gujaf-55	191	9	should	should	AUX
gujaf-55	191	10	be	be	AUX
gujaf-55	191	11	considered	consider	VERB
gujaf-55	191	12	and	and	CCONJ
gujaf-55	191	13	the	the	DET
gujaf-55	191	14	associated	associated	ADJ
gujaf-55	191	15	costs	cost	NOUN
gujaf-55	191	16	and	and	CCONJ
gujaf-55	191	17	benefits	benefit	NOUN
gujaf-55	191	18	must	must	AUX
gujaf-55	191	19	be	be	AUX
gujaf-55	191	20	carefully	carefully	ADV
gujaf-55	191	21	evaluated	evaluate	VERB
gujaf-55	191	22	.	.	PUNCT
gujaf-55	192	1	it	it	PRON
gujaf-55	192	2	is	be	AUX
gujaf-55	192	3	also	also	ADV
gujaf-55	192	4	recommended	recommend	VERB
gujaf-55	192	5	that	that	SCONJ
gujaf-55	192	6	the	the	DET
gujaf-55	192	7	management	management	NOUN
gujaf-55	192	8	of	of	ADP
gujaf-55	192	9	firms	firm	NOUN
gujaf-55	192	10	should	should	AUX
gujaf-55	192	11	remain	remain	VERB
gujaf-55	192	12	liquid	liquid	ADJ
gujaf-55	192	13	at	at	ADP
gujaf-55	192	14	all	all	DET
gujaf-55	192	15	times	time	NOUN
gujaf-55	192	16	by	by	ADP
gujaf-55	192	17	ensuring	ensure	VERB
gujaf-55	192	18	that	that	SCONJ
gujaf-55	192	19	their	their	PRON
gujaf-55	192	20	current	current	ADJ
gujaf-55	192	21	liabilities	liability	NOUN
gujaf-55	192	22	do	do	AUX
gujaf-55	192	23	not	not	PART
gujaf-55	192	24	exceed	exceed	VERB
gujaf-55	192	25	their	their	PRON
gujaf-55	192	26	current	current	ADJ
gujaf-55	192	27	assets	asset	NOUN
gujaf-55	192	28	so	so	SCONJ
gujaf-55	192	29	that	that	SCONJ
gujaf-55	192	30	their	their	PRON
gujaf-55	192	31	financial	financial	ADJ
gujaf-55	192	32	obligations	obligation	NOUN
gujaf-55	192	33	can	can	AUX
gujaf-55	192	34	be	be	AUX
gujaf-55	192	35	discharged	discharge	VERB
gujaf-55	192	36	on	on	ADP
gujaf-55	192	37	time	time	NOUN
gujaf-55	192	38	.	.	PUNCT
gujaf-55	193	1	references	reference	NOUN
gujaf-55	193	2	ajao	ajao	PROPN
gujaf-55	193	3	,	,	PUNCT
gujaf-55	193	4	o.	o.	PROPN
gujaf-55	193	5	s.	s.	PROPN
gujaf-55	193	6	,	,	PUNCT
gujaf-55	193	7	&	&	CCONJ
gujaf-55	193	8	ema	ema	PROPN
gujaf-55	193	9	,	,	PUNCT
gujaf-55	193	10	u.	u.	PROPN
gujaf-55	193	11	,	,	PUNCT
gujaf-55	193	12	(	(	PUNCT
gujaf-55	193	13	2012	2012	NUM
gujaf-55	193	14	)	)	PUNCT
gujaf-55	193	15	.	.	PUNCT
gujaf-55	194	1	determinants	determinant	NOUN
gujaf-55	194	2	of	of	ADP
gujaf-55	194	3	capital	capital	NOUN
gujaf-55	194	4	structure	structure	NOUN
gujaf-55	194	5	in	in	ADP
gujaf-55	194	6	nigerian	nigerian	ADJ
gujaf-55	194	7	firms	firm	NOUN
gujaf-55	194	8	:	:	PUNCT
gujaf-55	194	9	review	review	NOUN
gujaf-55	194	10	.	.	PUNCT
gujaf-55	195	1	2	2	NUM
gujaf-55	195	2	,	,	PUNCT
gujaf-55	195	3	10	10	NUM
gujaf-55	195	4	-	-	SYM
gujaf-55	195	5	21	21	NUM
gujaf-55	195	6	akinlo	akinlo	NOUN
gujaf-55	195	7	,	,	PUNCT
gujaf-55	195	8	o.	o.	PROPN
gujaf-55	195	9	(	(	PUNCT
gujaf-55	195	10	2011	2011	NUM
gujaf-55	195	11	)	)	PUNCT
gujaf-55	195	12	.	.	PUNCT
gujaf-55	196	1	determinants	determinant	NOUN
gujaf-55	196	2	of	of	ADP
gujaf-55	196	3	capital	capital	NOUN
gujaf-55	196	4	structure	structure	NOUN
gujaf-55	196	5	:	:	PUNCT
gujaf-55	196	6	evidence	evidence	NOUN
gujaf-55	196	7	from	from	ADP
gujaf-55	196	8	nigerian	nigerian	ADJ
gujaf-55	196	9	panel	panel	NOUN
gujaf-55	196	10	data	datum	NOUN
gujaf-55	196	11	.	.	PUNCT
gujaf-55	197	1	african	african	ADJ
gujaf-55	197	2	economic	economic	ADJ
gujaf-55	197	3	and	and	CCONJ
gujaf-55	197	4	business	business	NOUN
gujaf-55	197	5	review	review	NOUN
gujaf-55	197	6	,	,	PUNCT
gujaf-55	197	7	9	9	NUM
gujaf-55	197	8	(	(	PUNCT
gujaf-55	197	9	1	1	NUM
gujaf-55	197	10	)	)	PUNCT
gujaf-55	197	11	,	,	PUNCT
gujaf-55	197	12	1	1	NUM
gujaf-55	197	13	-	-	SYM
gujaf-55	197	14	16	16	NUM
gujaf-55	197	15	.	.	PUNCT
gujaf-55	198	1	booth	booth	PROPN
gujaf-55	198	2	,	,	PUNCT
gujaf-55	198	3	l	l	PROPN
gujaf-55	198	4	,	,	PUNCT
gujaf-55	198	5	aivazian	aivazian	PROPN
gujaf-55	198	6	v.	v.	PROPN
gujaf-55	198	7	,	,	PUNCT
gujaf-55	198	8	demirguc	demirguc	PROPN
gujaf-55	198	9	-	-	PUNCT
gujaf-55	198	10	kunt	kunt	PROPN
gujaf-55	198	11	,	,	PUNCT
gujaf-55	198	12	a.	a.	PROPN
gujaf-55	198	13	&	&	CCONJ
gujaf-55	198	14	maksimovic	maksimovic	PROPN
gujaf-55	198	15	,	,	PUNCT
gujaf-55	198	16	v.	v.	ADV
gujaf-55	198	17	,	,	PUNCT
gujaf-55	198	18	(	(	PUNCT
gujaf-55	198	19	2001	2001	NUM
gujaf-55	198	20	)	)	PUNCT
gujaf-55	198	21	.	.	PUNCT
gujaf-55	199	1	capital	capital	NOUN
gujaf-55	199	2	structures	structure	NOUN
gujaf-55	199	3	in	in	ADP
gujaf-55	199	4	developing	develop	VERB
gujaf-55	199	5	countries	country	NOUN
gujaf-55	199	6	.	.	PUNCT
gujaf-55	200	1	the	the	DET
gujaf-55	200	2	journal	journal	PROPN
gujaf-55	200	3	of	of	ADP
gujaf-55	200	4	finance	finance	NOUN
gujaf-55	200	5	,	,	PUNCT
gujaf-55	200	6	56(1	56(1	NUM
gujaf-55	200	7	)	)	PUNCT
gujaf-55	200	8	,	,	PUNCT
gujaf-55	200	9	87	87	NUM
gujaf-55	200	10	-	-	SYM
gujaf-55	200	11	130	130	NUM
gujaf-55	200	12	.	.	PUNCT
gujaf-55	201	1	bradley	bradley	PROPN
gujaf-55	201	2	,	,	PUNCT
gujaf-55	201	3	m.	m.	NOUN
gujaf-55	201	4	,	,	PUNCT
gujaf-55	201	5	jarrell	jarrell	PROPN
gujaf-55	201	6	,	,	PUNCT
gujaf-55	201	7	g.	g.	PROPN
gujaf-55	201	8	,	,	PUNCT
gujaf-55	201	9	&	&	CCONJ
gujaf-55	201	10	kim	kim	PROPN
gujaf-55	201	11	,	,	PUNCT
gujaf-55	201	12	e.	e.	PROPN
gujaf-55	201	13	,	,	PUNCT
gujaf-55	201	14	(	(	PUNCT
gujaf-55	201	15	1984	1984	NUM
gujaf-55	201	16	)	)	PUNCT
gujaf-55	201	17	.	.	PUNCT
gujaf-55	202	1	on	on	ADP
gujaf-55	202	2	the	the	DET
gujaf-55	202	3	existence	existence	NOUN
gujaf-55	202	4	of	of	ADP
gujaf-55	202	5	an	an	DET
gujaf-55	202	6	optimal	optimal	ADJ
gujaf-55	202	7	capital	capital	NOUN
gujaf-55	202	8	structure	structure	NOUN
gujaf-55	202	9	:	:	PUNCT
gujaf-55	202	10	theory	theory	NOUN
gujaf-55	202	11	and	and	CCONJ
gujaf-55	202	12	evidence.journal	evidence.journal	PROPN
gujaf-55	202	13	of	of	ADP
gujaf-55	202	14	finance.39(3	finance.39(3	NOUN
gujaf-55	202	15	)	)	PUNCT
gujaf-55	202	16	,	,	PUNCT
gujaf-55	202	17	857–878	857–878	NUM
gujaf-55	202	18	.	.	PUNCT
gujaf-55	203	1	brealey	brealey	PROPN
gujaf-55	203	2	,	,	PUNCT
gujaf-55	203	3	r.	r.	PROPN
gujaf-55	203	4	a.	a.	PROPN
gujaf-55	203	5	,	,	PUNCT
gujaf-55	203	6	&	&	CCONJ
gujaf-55	203	7	myers	myers	PROPN
gujaf-55	203	8	,	,	PUNCT
gujaf-55	203	9	c.	c.	PROPN
gujaf-55	203	10	,	,	PUNCT
gujaf-55	203	11	(	(	PUNCT
gujaf-55	203	12	1999	1999	NUM
gujaf-55	203	13	)	)	PUNCT
gujaf-55	203	14	.	.	PUNCT
gujaf-55	204	1	principles	principle	NOUN
gujaf-55	204	2	of	of	ADP
gujaf-55	204	3	corporate	corporate	ADJ
gujaf-55	204	4	finance	finance	NOUN
gujaf-55	204	5	,	,	PUNCT
gujaf-55	204	6	new	new	PROPN
gujaf-55	204	7	york	york	PROPN
gujaf-55	204	8	,	,	PUNCT
gujaf-55	204	9	mcgraw	mcgraw	PROPN
gujaf-55	204	10	-	-	PUNCT
gujaf-55	204	11	hill	hill	PROPN
gujaf-55	204	12	.	.	PUNCT
gujaf-55	205	1	brown	brown	PROPN
gujaf-55	205	2	e.	e.	PROPN
gujaf-55	205	3	d.	d.	PROPN
gujaf-55	205	4	,	,	PUNCT
gujaf-55	205	5	&	&	CCONJ
gujaf-55	205	6	nnamaka	nnamaka	ADV
gujaf-55	205	7	,	,	PUNCT
gujaf-55	205	8	u.	u.	PROPN
gujaf-55	205	9	c.	c.	PROPN
gujaf-55	205	10	(	(	PUNCT
gujaf-55	205	11	2019	2019	NUM
gujaf-55	205	12	)	)	PUNCT
gujaf-55	205	13	.	.	PUNCT
gujaf-55	206	1	oil	oil	NOUN
gujaf-55	206	2	revenue	revenue	NOUN
gujaf-55	206	3	and	and	CCONJ
gujaf-55	206	4	economic	economic	ADJ
gujaf-55	206	5	growth	growth	NOUN
gujaf-55	206	6	:	:	PUNCT
gujaf-55	206	7	an	an	DET
gujaf-55	206	8	empirical	empirical	ADJ
gujaf-55	206	9	evidence	evidence	NOUN
gujaf-55	206	10	from	from	ADP
gujaf-55	206	11	nigeria	nigeria	PROPN
gujaf-55	206	12	.	.	PUNCT
gujaf-55	207	1	international	international	ADJ
gujaf-55	207	2	journal	journal	PROPN
gujaf-55	207	3	of	of	ADP
gujaf-55	207	4	science	science	NOUN
gujaf-55	207	5	and	and	CCONJ
gujaf-55	207	6	management	management	NOUN
gujaf-55	207	7	studies	study	NOUN
gujaf-55	207	8	.	.	PUNCT
gujaf-55	208	1	2	2	NUM
gujaf-55	208	2	(	(	PUNCT
gujaf-55	208	3	6	6	NUM
gujaf-55	208	4	)	)	PUNCT
gujaf-55	208	5	,	,	PUNCT
gujaf-55	208	6	29	29	NUM
gujaf-55	208	7	-	-	SYM
gujaf-55	208	8	40	40	NUM
gujaf-55	208	9	chechect	chechect	NOUN
gujaf-55	208	10	,	,	PUNCT
gujaf-55	208	11	i.	i.	PROPN
gujaf-55	208	12	l.	l.	PROPN
gujaf-55	208	13	,	,	PUNCT
gujaf-55	208	14	garba	garba	PROPN
gujaf-55	208	15	,	,	PUNCT
gujaf-55	208	16	s.	s.	PROPN
gujaf-55	208	17	l.	l.	PROPN
gujaf-55	208	18	,	,	PUNCT
gujaf-55	208	19	&	&	CCONJ
gujaf-55	208	20	odudu	odudu	PROPN
gujaf-55	208	21	,	,	PUNCT
gujaf-55	208	22	a.	a.	PROPN
gujaf-55	208	23	s.	s.	PROPN
gujaf-55	208	24	,	,	PUNCT
gujaf-55	208	25	(	(	PUNCT
gujaf-55	208	26	2013	2013	NUM
gujaf-55	208	27	)	)	PUNCT
gujaf-55	208	28	.	.	PUNCT
gujaf-55	209	1	determinants	determinant	NOUN
gujaf-55	209	2	of	of	ADP
gujaf-55	209	3	capital	capital	NOUN
gujaf-55	209	4	structure	structure	NOUN
gujaf-55	209	5	in	in	ADP
gujaf-55	209	6	nigerian	nigerian	ADJ
gujaf-55	209	7	chemical	chemical	NOUN
gujaf-55	209	8	and	and	CCONJ
gujaf-55	209	9	paint	paint	NOUN
gujaf-55	209	10	sector	sector	NOUN
gujaf-55	209	11	.	.	PUNCT
gujaf-55	210	1	international	international	ADJ
gujaf-55	210	2	journal	journal	PROPN
gujaf-55	210	3	of	of	ADP
gujaf-55	210	4	humanities	humanity	NOUN
gujaf-55	210	5	and	and	CCONJ
gujaf-55	210	6	social	social	ADJ
gujaf-55	210	7	sciences	science	NOUN
gujaf-55	210	8	.	.	PUNCT
gujaf-55	210	9	3(15	3(15	NUM
gujaf-55	210	10	)	)	PUNCT
gujaf-55	210	11	,	,	PUNCT
gujaf-55	210	12	247	247	NUM
gujaf-55	210	13	-	-	SYM
gujaf-55	210	14	263	263	NUM
gujaf-55	210	15	.	.	PUNCT
gujaf-55	211	1	dhingra	dhingra	NOUN
gujaf-55	211	2	,	,	PUNCT
gujaf-55	211	3	r	r	PROPN
gujaf-55	211	4	&	&	CCONJ
gujaf-55	211	5	dev	dev	PROPN
gujaf-55	211	6	,	,	PUNCT
gujaf-55	211	7	k.	k.	PROPN
gujaf-55	211	8	,	,	PUNCT
gujaf-55	211	9	(	(	PUNCT
gujaf-55	211	10	2016	2016	NUM
gujaf-55	211	11	)	)	PUNCT
gujaf-55	211	12	.	.	PUNCT
gujaf-55	212	1	determinants	determinant	NOUN
gujaf-55	212	2	of	of	ADP
gujaf-55	212	3	capital	capital	NOUN
gujaf-55	212	4	structure	structure	NOUN
gujaf-55	212	5	“	"	PUNCT
gujaf-55	212	6	a	a	DET
gujaf-55	212	7	study	study	NOUN
gujaf-55	212	8	of	of	ADP
gujaf-55	212	9	oil	oil	NOUN
gujaf-55	212	10	industry	industry	NOUN
gujaf-55	212	11	in	in	ADP
gujaf-55	212	12	india	india	PROPN
gujaf-55	212	13	.	.	PUNCT
gujaf-55	213	1	international	international	ADJ
gujaf-55	213	2	journal	journal	PROPN
gujaf-55	213	3	of	of	ADP
gujaf-55	213	4	engineering	engineering	NOUN
gujaf-55	213	5	and	and	CCONJ
gujaf-55	213	6	management	management	NOUN
gujaf-55	213	7	research	research	NOUN
gujaf-55	213	8	,	,	PUNCT
gujaf-55	213	9	6(1	6(1	NUM
gujaf-55	213	10	)	)	PUNCT
gujaf-55	213	11	,	,	PUNCT
gujaf-55	213	12	35	35	NUM
gujaf-55	213	13	-	-	SYM
gujaf-55	213	14	42	42	NUM
gujaf-55	213	15	ebadi.m	ebadi.m	NOUN
gujaf-55	213	16	.	.	PUNCT
gujaf-55	213	17	,	,	PUNCT
gujaf-55	213	18	thim	thim	PROPN
gujaf-55	213	19	,	,	PUNCT
gujaf-55	213	20	c.	c.	PROPN
gujaf-55	213	21	k.	k.	PROPN
gujaf-55	213	22	,	,	PUNCT
gujaf-55	213	23	&	&	CCONJ
gujaf-55	213	24	choong	choong	PROPN
gujaf-55	213	25	,	,	PUNCT
gujaf-55	213	26	y.	y.	PROPN
gujaf-55	213	27	v.	v.	PROPN
gujaf-55	213	28	,	,	PUNCT
gujaf-55	213	29	(	(	PUNCT
gujaf-55	213	30	2011	2011	NUM
gujaf-55	213	31	)	)	PUNCT
gujaf-55	213	32	.	.	PUNCT
gujaf-55	214	1	impact	impact	NOUN
gujaf-55	214	2	of	of	ADP
gujaf-55	214	3	firm	firm	ADJ
gujaf-55	214	4	characteristics	characteristic	NOUN
gujaf-55	214	5	on	on	ADP
gujaf-55	214	6	capital	capital	NOUN
gujaf-55	214	7	structure	structure	NOUN
gujaf-55	214	8	of	of	ADP
gujaf-55	214	9	iranian	iranian	ADJ
gujaf-55	214	10	listed	list	VERB
gujaf-55	214	11	firms	firm	NOUN
gujaf-55	214	12	.	.	PUNCT
gujaf-55	215	1	european	european	PROPN
gujaf-55	215	2	journal	journal	PROPN
gujaf-55	215	3	of	of	ADP
gujaf-55	215	4	economics	economic	NOUN
gujaf-55	215	5	,	,	PUNCT
gujaf-55	215	6	finance	finance	NOUN
gujaf-55	215	7	and	and	CCONJ
gujaf-55	215	8	administrative	administrative	ADJ
gujaf-55	215	9	sciences	science	NOUN
gujaf-55	215	10	,	,	PUNCT
gujaf-55	215	11	42	42	NUM
gujaf-55	215	12	,	,	PUNCT
gujaf-55	215	13	160	160	NUM
gujaf-55	215	14	-	-	SYM
gujaf-55	215	15	171	171	NUM
gujaf-55	215	16	frank	frank	ADJ
gujaf-55	215	17	,	,	PUNCT
gujaf-55	215	18	m.	m.	NOUN
gujaf-55	215	19	z.	z.	PROPN
gujaf-55	215	20	,	,	PUNCT
gujaf-55	215	21	&	&	CCONJ
gujaf-55	215	22	goyal	goyal	PROPN
gujaf-55	215	23	,	,	PUNCT
gujaf-55	215	24	v.	v.	PROPN
gujaf-55	215	25	k.	k.	PROPN
gujaf-55	215	26	(	(	PUNCT
gujaf-55	215	27	2009	2009	NUM
gujaf-55	215	28	)	)	PUNCT
gujaf-55	215	29	.	.	PUNCT
gujaf-55	216	1	capital	capital	NOUN
gujaf-55	216	2	structure	structure	NOUN
gujaf-55	216	3	decisions	decision	NOUN
gujaf-55	216	4	:	:	PUNCT
gujaf-55	216	5	which	which	DET
gujaf-55	216	6	factors	factor	NOUN
gujaf-55	216	7	are	be	AUX
gujaf-55	216	8	reliably	reliably	ADV
gujaf-55	216	9	important	important	ADJ
gujaf-55	216	10	?	?	PUNCT
gujaf-55	217	1	financial	financial	ADJ
gujaf-55	217	2	managent	managent	NOUN
gujaf-55	217	3	,	,	PUNCT
gujaf-55	217	4	38(1	38(1	NUM
gujaf-55	217	5	)	)	PUNCT
gujaf-55	217	6	,	,	PUNCT
gujaf-55	217	7	1	1	NUM
gujaf-55	217	8	-	-	SYM
gujaf-55	217	9	37	37	NUM
gujaf-55	217	10	.	.	PUNCT
gujaf-55	218	1	ghamesi	ghamesi	PROPN
gujaf-55	218	2	,	,	PUNCT
gujaf-55	218	3	m.	m.	PROPN
gujaf-55	218	4	&	&	CCONJ
gujaf-55	218	5	abrazak	abrazak	PROPN
gujaf-55	218	6	,	,	PUNCT
gujaf-55	218	7	n.	n.	PROPN
gujaf-55	218	8	h.	h.	PROPN
gujaf-55	218	9	(	(	PUNCT
gujaf-55	218	10	2016	2016	NUM
gujaf-55	218	11	)	)	PUNCT
gujaf-55	218	12	.	.	PUNCT
gujaf-55	219	1	the	the	DET
gujaf-55	219	2	impact	impact	NOUN
gujaf-55	219	3	of	of	ADP
gujaf-55	219	4	liquidity	liquidity	NOUN
gujaf-55	219	5	on	on	ADP
gujaf-55	219	6	capital	capital	NOUN
gujaf-55	219	7	structure	structure	NOUN
gujaf-55	219	8	:	:	PUNCT
gujaf-55	219	9	evidence	evidence	NOUN
gujaf-55	219	10	from	from	ADP
gujaf-55	219	11	malaysia	malaysia	PROPN
gujaf-55	219	12	.	.	PUNCT
gujaf-55	220	1	international	international	ADJ
gujaf-55	220	2	journal	journal	PROPN
gujaf-55	220	3	of	of	ADP
gujaf-55	220	4	economics	economic	NOUN
gujaf-55	220	5	and	and	CCONJ
gujaf-55	220	6	finance	finance	NOUN
gujaf-55	220	7	.	.	PUNCT
gujaf-55	221	1	8(10	8(10	NUM
gujaf-55	221	2	)	)	PUNCT
gujaf-55	221	3	,	,	PUNCT
gujaf-55	221	4	130	130	NUM
gujaf-55	221	5	–	–	SYM
gujaf-55	221	6	139	139	NUM
gujaf-55	221	7	gusau	gusau	ADJ
gujaf-55	221	8	journal	journal	NOUN
gujaf-55	221	9	of	of	ADP
gujaf-55	221	10	accounting	accounting	NOUN
gujaf-55	221	11	and	and	CCONJ
gujaf-55	221	12	finance	finance	NOUN
gujaf-55	221	13	,	,	PUNCT
gujaf-55	221	14	vol	vol	NOUN
gujaf-55	221	15	.	.	PROPN
gujaf-55	221	16	2	2	NUM
gujaf-55	221	17	,	,	PUNCT
gujaf-55	221	18	issue	issue	NOUN
gujaf-55	221	19	1	1	NUM
gujaf-55	221	20	,	,	PUNCT
gujaf-55	221	21	april	april	PROPN
gujaf-55	221	22	,	,	PUNCT
gujaf-55	221	23	2021	2021	NUM
gujaf-55	221	24	11	11	NUM
gujaf-55	221	25	jahfer	jahfer	NOUN
gujaf-55	221	26	,	,	PUNCT
gujaf-55	221	27	a.	a.	NOUN
gujaf-55	221	28	,	,	PUNCT
gujaf-55	221	29	&	&	CCONJ
gujaf-55	221	30	madurasinghe	madurasinghe	PROPN
gujaf-55	221	31	,	,	PUNCT
gujaf-55	221	32	s.	s.	PROPN
gujaf-55	221	33	i.	i.	PROPN
gujaf-55	221	34	(	(	PUNCT
gujaf-55	221	35	2019	2019	NUM
gujaf-55	221	36	)	)	PUNCT
gujaf-55	221	37	.	.	PUNCT
gujaf-55	222	1	liquidity	liquidity	NOUN
gujaf-55	222	2	and	and	CCONJ
gujaf-55	222	3	capital	capital	NOUN
gujaf-55	222	4	structure	structure	NOUN
gujaf-55	222	5	:	:	PUNCT
gujaf-55	222	6	special	special	ADJ
gujaf-55	222	7	reference	reference	NOUN
gujaf-55	222	8	to	to	ADP
gujaf-55	222	9	manufacturing	manufacture	VERB
gujaf-55	222	10	sector	sector	NOUN
gujaf-55	222	11	in	in	ADP
gujaf-55	222	12	the	the	DET
gujaf-55	222	13	colombo	colombo	NOUN
gujaf-55	222	14	stock	stock	NOUN
gujaf-55	222	15	market	market	NOUN
gujaf-55	222	16	.	.	PUNCT
gujaf-55	223	1	journal	journal	PROPN
gujaf-55	223	2	of	of	ADP
gujaf-55	223	3	management.4(2	management.4(2	PROPN
gujaf-55	223	4	)	)	PUNCT
gujaf-55	223	5	,	,	PUNCT
gujaf-55	223	6	66	66	NUM
gujaf-55	223	7	-	-	SYM
gujaf-55	223	8	77	77	NUM
gujaf-55	223	9	julia	julia	PROPN
gujaf-55	223	10	,	,	PUNCT
gujaf-55	223	11	k.	k.	PROPN
gujaf-55	223	12	b.	b.	PROPN
gujaf-55	223	13	,	,	PUNCT
gujaf-55	223	14	(	(	PUNCT
gujaf-55	223	15	2013	2013	NUM
gujaf-55	223	16	)	)	PUNCT
gujaf-55	223	17	.	.	PUNCT
gujaf-55	224	1	the	the	DET
gujaf-55	224	2	relative	relative	ADJ
gujaf-55	224	3	importance	importance	NOUN
gujaf-55	224	4	of	of	ADP
gujaf-55	224	5	industry	industry	NOUN
gujaf-55	224	6	and	and	CCONJ
gujaf-55	224	7	size	size	NOUN
gujaf-55	224	8	effect	effect	NOUN
gujaf-55	224	9	in	in	ADP
gujaf-55	224	10	corporate	corporate	ADJ
gujaf-55	224	11	capital	capital	NOUN
gujaf-55	224	12	structure	structure	NOUN
gujaf-55	224	13	-	-	PUNCT
gujaf-55	224	14	empirical	empirical	ADJ
gujaf-55	224	15	evidence	evidence	NOUN
gujaf-55	224	16	from	from	ADP
gujaf-55	224	17	the	the	DET
gujaf-55	224	18	eu	eu	PROPN
gujaf-55	224	19	countries	countries	PROPN
gujaf-55	224	20	,	,	PUNCT
gujaf-55	224	21	eurasian	eurasian	ADJ
gujaf-55	224	22	journal	journal	NOUN
gujaf-55	224	23	of	of	ADP
gujaf-55	224	24	economics	economic	NOUN
gujaf-55	224	25	and	and	CCONJ
gujaf-55	224	26	finance	finance	NOUN
gujaf-55	224	27	,	,	PUNCT
gujaf-55	224	28	1(2	1(2	NUM
gujaf-55	224	29	)	)	PUNCT
gujaf-55	224	30	,	,	PUNCT
gujaf-55	224	31	1	1	NUM
gujaf-55	224	32	-	-	SYM
gujaf-55	224	33	27	27	NUM
gujaf-55	224	34	.	.	PUNCT
gujaf-55	225	1	kinde	kinde	PROPN
gujaf-55	225	2	,	,	PUNCT
gujaf-55	225	3	b.	b.	PROPN
gujaf-55	225	4	a.	a.	PROPN
gujaf-55	225	5	,	,	PUNCT
gujaf-55	225	6	(	(	PUNCT
gujaf-55	225	7	2013	2013	NUM
gujaf-55	225	8	)	)	PUNCT
gujaf-55	225	9	.	.	PUNCT
gujaf-55	226	1	“	"	PUNCT
gujaf-55	226	2	impact	impact	NOUN
gujaf-55	226	3	of	of	ADP
gujaf-55	226	4	firm	firm	ADJ
gujaf-55	226	5	level	level	NOUN
gujaf-55	226	6	factors	factor	NOUN
gujaf-55	226	7	:	:	PUNCT
gujaf-55	226	8	evidence	evidence	NOUN
gujaf-55	226	9	from	from	ADP
gujaf-55	226	10	ethiopian	ethiopian	ADJ
gujaf-55	226	11	insurance	insurance	NOUN
gujaf-55	226	12	companies	company	NOUN
gujaf-55	226	13	”	"	PUNCT
gujaf-55	226	14	.	.	PUNCT
gujaf-55	227	1	global	global	ADJ
gujaf-55	227	2	journal	journal	PROPN
gujaf-55	227	3	of	of	ADP
gujaf-55	227	4	management	management	NOUN
gujaf-55	227	5	and	and	CCONJ
gujaf-55	227	6	business	business	NOUN
gujaf-55	227	7	research	research	NOUN
gujaf-55	227	8	finance	finance	NOUN
gujaf-55	227	9	.	.	PUNCT
gujaf-55	228	1	vol.13	vol.13	NOUN
gujaf-55	228	2	,	,	PUNCT
gujaf-55	228	3	no.4	no.4	PROPN
gujaf-55	228	4	,	,	PUNCT
gujaf-55	228	5	24	24	NUM
gujaf-55	228	6	-	-	SYM
gujaf-55	228	7	30	30	NUM
gujaf-55	228	8	magwai	magwai	NOUN
gujaf-55	228	9	,	,	PUNCT
gujaf-55	228	10	m.	m.	PROPN
gujaf-55	228	11	k.	k.	PROPN
gujaf-55	228	12	,	,	PUNCT
gujaf-55	228	13	(	(	PUNCT
gujaf-55	228	14	2014	2014	NUM
gujaf-55	228	15	)	)	PUNCT
gujaf-55	228	16	.	.	PUNCT
gujaf-55	229	1	effect	effect	NOUN
gujaf-55	229	2	of	of	ADP
gujaf-55	229	3	macroeconomics	macroeconomic	NOUN
gujaf-55	229	4	conditions	condition	NOUN
gujaf-55	229	5	on	on	ADP
gujaf-55	229	6	capital	capital	NOUN
gujaf-55	229	7	structure	structure	NOUN
gujaf-55	229	8	choice	choice	NOUN
gujaf-55	229	9	for	for	ADP
gujaf-55	229	10	listed	list	VERB
gujaf-55	229	11	south	south	ADJ
gujaf-55	229	12	african	african	ADJ
gujaf-55	229	13	firms	firm	NOUN
gujaf-55	229	14	.	.	PUNCT
gujaf-55	230	1	an	an	DET
gujaf-55	230	2	unpublished	unpublished	ADJ
gujaf-55	230	3	master	master	NOUN
gujaf-55	230	4	project	project	NOUN
gujaf-55	230	5	submitted	submit	VERB
gujaf-55	230	6	to	to	ADP
gujaf-55	230	7	the	the	DET
gujaf-55	230	8	gordon	gordon	PROPN
gujaf-55	230	9	institute	institute	PROPN
gujaf-55	230	10	of	of	ADP
gujaf-55	230	11	business	business	PROPN
gujaf-55	230	12	science	science	PROPN
gujaf-55	230	13	,	,	PUNCT
gujaf-55	230	14	university	university	NOUN
gujaf-55	230	15	of	of	ADP
gujaf-55	230	16	pretoria	pretoria	PROPN
gujaf-55	230	17	martina	martina	PROPN
gujaf-55	230	18	,	,	PUNCT
gujaf-55	230	19	h.	h.	PROPN
gujaf-55	230	20	,	,	PUNCT
gujaf-55	230	21	(	(	PUNCT
gujaf-55	230	22	2015	2015	NUM
gujaf-55	230	23	)	)	PUNCT
gujaf-55	230	24	.	.	PUNCT
gujaf-55	231	1	the	the	DET
gujaf-55	231	2	relationship	relationship	NOUN
gujaf-55	231	3	between	between	ADP
gujaf-55	231	4	tangible	tangible	ADJ
gujaf-55	231	5	assets	asset	NOUN
gujaf-55	231	6	and	and	CCONJ
gujaf-55	231	7	capital	capital	NOUN
gujaf-55	231	8	structure	structure	NOUN
gujaf-55	231	9	of	of	ADP
gujaf-55	231	10	small	small	ADJ
gujaf-55	231	11	and	and	CCONJ
gujaf-55	231	12	medium	medium	ADJ
gujaf-55	231	13	-	-	PUNCT
gujaf-55	231	14	sized	sized	ADJ
gujaf-55	231	15	companies	company	NOUN
gujaf-55	231	16	in	in	ADP
gujaf-55	231	17	croatia	croatia	PROPN
gujaf-55	231	18	.	.	PUNCT
gujaf-55	232	1	ekonoms	ekonom	NOUN
gujaf-55	232	2	kivjesnik	kivjesnik	X
gujaf-55	232	3	/	/	SYM
gujaf-55	232	4	econviews	econviews	PROPN
gujaf-55	232	5	.	.	PUNCT
gujaf-55	232	6	xxviii	xxviii	PROPN
gujaf-55	232	7	,	,	PUNCT
gujaf-55	232	8	213	213	NUM
gujaf-55	232	9	-	-	SYM
gujaf-55	232	10	224	224	NUM
gujaf-55	232	11	monday	monday	PROPN
gujaf-55	232	12	,	,	PUNCT
gujaf-55	232	13	j.	j.	PROPN
gujaf-55	232	14	u.	u.	PROPN
gujaf-55	232	15	,	,	PUNCT
gujaf-55	232	16	ekperiware	ekperiware	PROPN
gujaf-55	232	17	,	,	PUNCT
gujaf-55	232	18	m.	m.	PROPN
gujaf-55	232	19	c	c	PROPN
gujaf-55	232	20	&	&	CCONJ
gujaf-55	232	21	muritala	muritala	PROPN
gujaf-55	232	22	,	,	PUNCT
gujaf-55	232	23	b.	b.	PROPN
gujaf-55	232	24	r.	r.	PROPN
gujaf-55	232	25	,	,	PUNCT
gujaf-55	232	26	(	(	PUNCT
gujaf-55	232	27	2016	2016	NUM
gujaf-55	232	28	)	)	PUNCT
gujaf-55	232	29	.	.	PUNCT
gujaf-55	233	1	downstream	downstream	ADJ
gujaf-55	233	2	oil	oil	NOUN
gujaf-55	233	3	deregulation	deregulation	NOUN
gujaf-55	233	4	and	and	CCONJ
gujaf-55	233	5	nigeria	nigeria	PROPN
gujaf-55	233	6	economy.ecoforum	economy.ecoforum	PROPN
gujaf-55	233	7	journal	journal	PROPN
gujaf-55	233	8	,	,	PUNCT
gujaf-55	233	9	8(1	8(1	NOUN
gujaf-55	233	10	)	)	PUNCT
gujaf-55	233	11	,	,	PUNCT
gujaf-55	233	12	207	207	NUM
gujaf-55	233	13	-	-	SYM
gujaf-55	233	14	214	214	NUM
gujaf-55	233	15	.	.	PUNCT
gujaf-55	234	1	mitto	mitto	NOUN
gujaf-55	234	2	,	,	PUNCT
gujaf-55	234	3	u	u	PROPN
gujaf-55	234	4	,	,	PUNCT
gujaf-55	234	5	r.	r.	PROPN
gujaf-55	234	6	,	,	PUNCT
gujaf-55	234	7	&	&	CCONJ
gujaf-55	234	8	zhang	zhang	PROPN
gujaf-55	234	9	,	,	PUNCT
gujaf-55	234	10	z.	z.	PROPN
gujaf-55	234	11	(	(	PUNCT
gujaf-55	234	12	2008	2008	NUM
gujaf-55	234	13	)	)	PUNCT
gujaf-55	234	14	.	.	PUNCT
gujaf-55	235	1	the	the	DET
gujaf-55	235	2	capital	capital	NOUN
gujaf-55	235	3	structure	structure	NOUN
gujaf-55	235	4	of	of	ADP
gujaf-55	235	5	multinational	multinational	ADJ
gujaf-55	235	6	corporations	corporation	NOUN
gujaf-55	235	7	:	:	PUNCT
gujaf-55	235	8	canadian	canadian	PROPN
gujaf-55	235	9	versus	versus	ADP
gujaf-55	235	10	u.s	u.s	PROPN
gujaf-55	235	11	evidence	evidence	NOUN
gujaf-55	235	12	,	,	PUNCT
gujaf-55	235	13	14(5	14(5	NUM
gujaf-55	235	14	)	)	PUNCT
gujaf-55	235	15	,	,	PUNCT
gujaf-55	235	16	706	706	NUM
gujaf-55	235	17	-	-	SYM
gujaf-55	235	18	720	720	NUM
gujaf-55	235	19	.	.	PUNCT
gujaf-55	236	1	myers	myers	PROPN
gujaf-55	236	2	,	,	PUNCT
gujaf-55	236	3	s.	s.	PROPN
gujaf-55	236	4	c.	c.	PROPN
gujaf-55	236	5	,	,	PUNCT
gujaf-55	236	6	&	&	CCONJ
gujaf-55	236	7	majluf	majluf	PROPN
gujaf-55	236	8	,	,	PUNCT
gujaf-55	236	9	n.	n.	PROPN
gujaf-55	236	10	s.	s.	PROPN
gujaf-55	236	11	,	,	PUNCT
gujaf-55	236	12	(	(	PUNCT
gujaf-55	236	13	1984	1984	NUM
gujaf-55	236	14	)	)	PUNCT
gujaf-55	236	15	.	.	PUNCT
gujaf-55	237	1	corporate	corporate	ADJ
gujaf-55	237	2	financing	financing	NOUN
gujaf-55	237	3	and	and	CCONJ
gujaf-55	237	4	investment	investment	NOUN
gujaf-55	237	5	decisions	decision	NOUN
gujaf-55	237	6	when	when	SCONJ
gujaf-55	237	7	firms	firm	NOUN
gujaf-55	237	8	have	have	VERB
gujaf-55	237	9	information	information	NOUN
gujaf-55	237	10	that	that	SCONJ
gujaf-55	237	11	investors	investor	NOUN
gujaf-55	237	12	do	do	AUX
gujaf-55	237	13	not	not	PART
gujaf-55	237	14	have	have	VERB
gujaf-55	237	15	.	.	PUNCT
gujaf-55	238	1	journal	journal	NOUN
gujaf-55	238	2	of	of	ADP
gujaf-55	238	3	financial	financial	ADJ
gujaf-55	238	4	economics	economic	NOUN
gujaf-55	238	5	.	.	PUNCT
gujaf-55	239	1	13	13	NUM
gujaf-55	239	2	,	,	PUNCT
gujaf-55	239	3	187	187	NUM
gujaf-55	239	4	–	–	SYM
gujaf-55	239	5	221	221	NUM
gujaf-55	239	6	.	.	PUNCT
gujaf-55	240	1	olakunle	olakunle	PROPN
gujaf-55	240	2	,	,	PUNCT
gujaf-55	240	3	a.o	a.o	PROPN
gujaf-55	240	4	&	&	CCONJ
gujaf-55	240	5	oni	oni	PROPN
gujaf-55	240	6	,	,	PUNCT
gujaf-55	240	7	e.o	e.o	PROPN
gujaf-55	240	8	.	.	PROPN
gujaf-55	240	9	,	,	PUNCT
gujaf-55	240	10	(	(	PUNCT
gujaf-55	240	11	2014	2014	NUM
gujaf-55	240	12	)	)	PUNCT
gujaf-55	240	13	.	.	PUNCT
gujaf-55	241	1	assessing	assess	VERB
gujaf-55	241	2	the	the	DET
gujaf-55	241	3	impact	impact	NOUN
gujaf-55	241	4	of	of	ADP
gujaf-55	241	5	asset	asset	NOUN
gujaf-55	241	6	tangibility	tangibility	NOUN
gujaf-55	241	7	on	on	ADP
gujaf-55	241	8	capital	capital	NOUN
gujaf-55	241	9	structure	structure	NOUN
gujaf-55	241	10	:	:	PUNCT
gujaf-55	241	11	choice	choice	NOUN
gujaf-55	241	12	for	for	ADP
gujaf-55	241	13	listed	list	VERB
gujaf-55	241	14	firms	firm	NOUN
gujaf-55	241	15	in	in	ADP
gujaf-55	241	16	nigeria.journal	nigeria.journal	ADJ
gujaf-55	241	17	for	for	ADP
gujaf-55	241	18	applied	applied	ADJ
gujaf-55	241	19	economics	economic	NOUN
gujaf-55	241	20	and	and	CCONJ
gujaf-55	241	21	business.2(3	business.2(3	NOUN
gujaf-55	241	22	)	)	PUNCT
gujaf-55	241	23	.	.	PUNCT
gujaf-55	242	1	5	5	NUM
gujaf-55	242	2	-	-	SYM
gujaf-55	242	3	20	20	NUM
gujaf-55	242	4	;	;	PUNCT
gujaf-55	242	5	onaolapo	onaolapo	PROPN
gujaf-55	242	6	,	,	PUNCT
gujaf-55	242	7	a.	a.	NOUN
gujaf-55	242	8	a.	a.	PROPN
gujaf-55	242	9	,	,	PUNCT
gujaf-55	242	10	kajola	kajola	PROPN
gujaf-55	242	11	,	,	PUNCT
gujaf-55	242	12	s.	s.	PROPN
gujaf-55	242	13	o.	o.	PROPN
gujaf-55	242	14	,	,	PUNCT
gujaf-55	242	15	&	&	CCONJ
gujaf-55	242	16	nwidobie	nwidobie	PROPN
gujaf-55	242	17	,	,	PUNCT
gujaf-55	242	18	m.	m.	PROPN
gujaf-55	242	19	b.	b.	PROPN
gujaf-55	242	20	,	,	PUNCT
gujaf-55	242	21	(	(	PUNCT
gujaf-55	242	22	2015	2015	NUM
gujaf-55	242	23	)	)	PUNCT
gujaf-55	242	24	.	.	PUNCT
gujaf-55	243	1	determinant	determinant	ADJ
gujaf-55	243	2	of	of	ADP
gujaf-55	243	3	capital	capital	NOUN
gujaf-55	243	4	structure	structure	NOUN
gujaf-55	243	5	:	:	PUNCT
gujaf-55	243	6	a	a	DET
gujaf-55	243	7	study	study	NOUN
gujaf-55	243	8	of	of	ADP
gujaf-55	243	9	nigerian	nigerian	ADJ
gujaf-55	243	10	quoted	quote	VERB
gujaf-55	243	11	firms	firm	NOUN
gujaf-55	243	12	.	.	PUNCT
gujaf-55	244	1	european	european	PROPN
gujaf-55	244	2	journal	journal	PROPN
gujaf-55	244	3	of	of	ADP
gujaf-55	244	4	business	business	NOUN
gujaf-55	244	5	and	and	CCONJ
gujaf-55	244	6	management	management	NOUN
gujaf-55	244	7	.	.	PUNCT
gujaf-55	245	1	12(3	12(3	NUM
gujaf-55	245	2	)	)	PUNCT
gujaf-55	245	3	,	,	PUNCT
gujaf-55	245	4	170	170	NUM
gujaf-55	245	5	-	-	SYM
gujaf-55	245	6	183	183	NUM
gujaf-55	245	7	.	.	PUNCT
gujaf-55	246	1	ovtchinnikov	ovtchinnikov	PROPN
gujaf-55	246	2	,	,	PUNCT
gujaf-55	246	3	a.	a.	NOUN
gujaf-55	246	4	v.	v.	PROPN
gujaf-55	246	5	,	,	PUNCT
gujaf-55	246	6	(	(	PUNCT
gujaf-55	246	7	2010	2010	NUM
gujaf-55	246	8	)	)	PUNCT
gujaf-55	246	9	.	.	PUNCT
gujaf-55	247	1	capital	capital	NOUN
gujaf-55	247	2	structure	structure	NOUN
gujaf-55	247	3	decisions	decision	NOUN
gujaf-55	247	4	:	:	PUNCT
gujaf-55	247	5	evidence	evidence	NOUN
gujaf-55	247	6	from	from	ADP
gujaf-55	247	7	deregulated	deregulated	ADJ
gujaf-55	247	8	industries	industry	NOUN
gujaf-55	247	9	.	.	PUNCT
gujaf-55	248	1	journal	journal	PROPN
gujaf-55	248	2	of	of	ADP
gujaf-55	248	3	financial	financial	ADJ
gujaf-55	248	4	economics	economic	NOUN
gujaf-55	248	5	.	.	PUNCT
gujaf-55	249	1	95	95	NUM
gujaf-55	249	2	,	,	PUNCT
gujaf-55	249	3	249	249	NUM
gujaf-55	249	4	-	-	SYM
gujaf-55	249	5	274	274	NUM
gujaf-55	249	6	.	.	PUNCT
gujaf-55	250	1	rajan	rajan	PROPN
gujaf-55	250	2	,	,	PUNCT
gujaf-55	250	3	r.	r.	PROPN
gujaf-55	250	4	&	&	CCONJ
gujaf-55	250	5	zingales	zingales	PROPN
gujaf-55	250	6	,	,	PUNCT
gujaf-55	250	7	l.	l.	PROPN
gujaf-55	250	8	,	,	PUNCT
gujaf-55	250	9	(	(	PUNCT
gujaf-55	250	10	1995	1995	NUM
gujaf-55	250	11	)	)	PUNCT
gujaf-55	250	12	.	.	PUNCT
gujaf-55	251	1	what	what	PRON
gujaf-55	251	2	do	do	AUX
gujaf-55	251	3	we	we	PRON
gujaf-55	251	4	know	know	VERB
gujaf-55	251	5	about	about	ADP
gujaf-55	251	6	capital	capital	NOUN
gujaf-55	251	7	structure	structure	NOUN
gujaf-55	251	8	?	?	PUNCT
gujaf-55	252	1	some	some	DET
gujaf-55	252	2	evidence	evidence	NOUN
gujaf-55	252	3	from	from	ADP
gujaf-55	252	4	international	international	ADJ
gujaf-55	252	5	data	datum	NOUN
gujaf-55	252	6	.	.	PUNCT
gujaf-55	253	1	journal	journal	PROPN
gujaf-55	253	2	of	of	ADP
gujaf-55	253	3	finance	finance	NOUN
gujaf-55	253	4	.	.	PUNCT
gujaf-55	254	1	50	50	NUM
gujaf-55	254	2	,	,	PUNCT
gujaf-55	254	3	47	47	NUM
gujaf-55	254	4	-	-	SYM
gujaf-55	254	5	81	81	NUM
gujaf-55	254	6	.	.	PUNCT
gujaf-55	254	7	ramlall	ramlall	PROPN
gujaf-55	254	8	,	,	PUNCT
gujaf-55	254	9	i.	i.	PROPN
gujaf-55	254	10	(	(	PUNCT
gujaf-55	254	11	2009	2009	NUM
gujaf-55	254	12	)	)	PUNCT
gujaf-55	254	13	.	.	PUNCT
gujaf-55	255	1	determinants	determinant	NOUN
gujaf-55	255	2	of	of	ADP
gujaf-55	255	3	capital	capital	NOUN
gujaf-55	255	4	structure	structure	NOUN
gujaf-55	255	5	among	among	ADP
gujaf-55	255	6	non	non	ADJ
gujaf-55	255	7	-	-	ADJ
gujaf-55	255	8	quoted	quote	VERB
gujaf-55	255	9	mauritian	mauritian	ADJ
gujaf-55	255	10	firms	firm	NOUN
gujaf-55	255	11	under	under	ADP
gujaf-55	255	12	specificity	specificity	NOUN
gujaf-55	255	13	of	of	ADP
gujaf-55	255	14	leverage	leverage	NOUN
gujaf-55	255	15	:	:	PUNCT
gujaf-55	255	16	looking	look	VERB
gujaf-55	255	17	for	for	ADP
gujaf-55	255	18	a	a	DET
gujaf-55	255	19	modified	modify	VERB
gujaf-55	255	20	pecking	pecking	NOUN
gujaf-55	255	21	order	order	NOUN
gujaf-55	255	22	theory	theory	NOUN
gujaf-55	255	23	.	.	PUNCT
gujaf-55	256	1	international	international	ADJ
gujaf-55	256	2	research	research	PROPN
gujaf-55	256	3	journal	journal	NOUN
gujaf-55	256	4	of	of	ADP
gujaf-55	256	5	finance	finance	NOUN
gujaf-55	256	6	and	and	CCONJ
gujaf-55	256	7	economics.31	economics.31	PROPN
gujaf-55	256	8	,	,	PUNCT
gujaf-55	256	9	83	83	NUM
gujaf-55	256	10	-	-	SYM
gujaf-55	256	11	92	92	NUM
gujaf-55	256	12	.	.	PUNCT
gujaf-55	257	1	ross	ross	PROPN
gujaf-55	257	2	,	,	PUNCT
gujaf-55	257	3	s.	s.	PROPN
gujaf-55	257	4	a.	a.	PROPN
gujaf-55	257	5	,	,	PUNCT
gujaf-55	257	6	westerfield	westerfield	PROPN
gujaf-55	257	7	,	,	PUNCT
gujaf-55	257	8	r.	r.	PROPN
gujaf-55	257	9	w.	w.	PROPN
gujaf-55	257	10	,	,	PUNCT
gujaf-55	257	11	&	&	CCONJ
gujaf-55	257	12	jaffe	jaffe	PROPN
gujaf-55	257	13	,	,	PUNCT
gujaf-55	257	14	j.	j.	PROPN
gujaf-55	257	15	,	,	PUNCT
gujaf-55	257	16	(	(	PUNCT
gujaf-55	257	17	1990	1990	NUM
gujaf-55	257	18	)	)	PUNCT
gujaf-55	257	19	.	.	PUNCT
gujaf-55	258	1	corporate	corporate	ADJ
gujaf-55	258	2	finance	finance	NOUN
gujaf-55	258	3	,	,	PUNCT
gujaf-55	258	4	mcgraw	mcgraw	PROPN
gujaf-55	258	5	-	-	PUNCT
gujaf-55	258	6	hill	hill	PROPN
gujaf-55	258	7	irwin	irwin	PROPN
gujaf-55	258	8	,	,	PUNCT
gujaf-55	258	9	new	new	PROPN
gujaf-55	258	10	york	york	PROPN
gujaf-55	258	11	.	.	PROPN
gujaf-55	259	1	salawu	salawu	PROPN
gujaf-55	259	2	,	,	PUNCT
gujaf-55	259	3	r.	r.	PROPN
gujaf-55	259	4	o.	o.	PROPN
gujaf-55	259	5	,	,	PUNCT
gujaf-55	259	6	&	&	CCONJ
gujaf-55	259	7	agboola	agboola	PROPN
gujaf-55	259	8	,	,	PUNCT
gujaf-55	259	9	a	a	PRON
gujaf-55	259	10	,	,	PUNCT
gujaf-55	259	11	a.	a.	NOUN
gujaf-55	259	12	,	,	PUNCT
gujaf-55	259	13	(	(	PUNCT
gujaf-55	259	14	2008	2008	NUM
gujaf-55	259	15	)	)	PUNCT
gujaf-55	259	16	.	.	PUNCT
gujaf-55	260	1	the	the	DET
gujaf-55	260	2	determinant	determinant	NOUN
gujaf-55	260	3	of	of	ADP
gujaf-55	260	4	capital	capital	NOUN
gujaf-55	260	5	structure	structure	NOUN
gujaf-55	260	6	of	of	ADP
gujaf-55	260	7	large	large	ADJ
gujaf-55	260	8	nonfinancial	nonfinancial	ADJ
gujaf-55	260	9	listed	list	VERB
gujaf-55	260	10	firms	firm	NOUN
gujaf-55	260	11	in	in	ADP
gujaf-55	260	12	nigeria	nigeria	PROPN
gujaf-55	260	13	.	.	PUNCT
gujaf-55	261	1	the	the	DET
gujaf-55	261	2	international	international	ADJ
gujaf-55	261	3	journal	journal	NOUN
gujaf-55	261	4	of	of	ADP
gujaf-55	261	5	business	business	NOUN
gujaf-55	261	6	and	and	CCONJ
gujaf-55	261	7	finance	finance	NOUN
gujaf-55	261	8	research.2(2	research.2(2	ADJ
gujaf-55	261	9	)	)	PUNCT
gujaf-55	261	10	,	,	PUNCT
gujaf-55	261	11	75	75	NUM
gujaf-55	261	12	-	-	SYM
gujaf-55	261	13	84	84	NUM
gujaf-55	261	14	.	.	PUNCT
gujaf-55	262	1	shala	shala	PROPN
gujaf-55	262	2	,	,	PUNCT
gujaf-55	262	3	a.	a.	NOUN
gujaf-55	262	4	,	,	PUNCT
gujaf-55	262	5	ahmeti	ahmeti	PROPN
gujaf-55	262	6	,	,	PUNCT
gujaf-55	262	7	s.	s.	PROPN
gujaf-55	262	8	,	,	PUNCT
gujaf-55	262	9	berisha	berisha	PROPN
gujaf-55	262	10	,	,	PUNCT
gujaf-55	262	11	v.	v.	PROPN
gujaf-55	262	12	,	,	PUNCT
gujaf-55	262	13	&	&	CCONJ
gujaf-55	262	14	perjuci	perjuci	PROPN
gujaf-55	262	15	,	,	PUNCT
gujaf-55	262	16	e.	e.	PROPN
gujaf-55	262	17	,	,	PUNCT
gujaf-55	262	18	(	(	PUNCT
gujaf-55	262	19	2014	2014	NUM
gujaf-55	262	20	)	)	PUNCT
gujaf-55	262	21	.	.	PUNCT
gujaf-55	263	1	the	the	DET
gujaf-55	263	2	factors	factor	NOUN
gujaf-55	263	3	that	that	PRON
gujaf-55	263	4	determine	determine	VERB
gujaf-55	263	5	the	the	DET
gujaf-55	263	6	capital	capital	NOUN
gujaf-55	263	7	structure	structure	NOUN
gujaf-55	263	8	among	among	ADP
gujaf-55	263	9	insurance	insurance	NOUN
gujaf-55	263	10	companies	company	NOUN
gujaf-55	263	11	in	in	ADP
gujaf-55	263	12	kosovo	kosovo	PROPN
gujaf-55	263	13	:	:	PUNCT
gujaf-55	263	14	empirical	empirical	ADJ
gujaf-55	263	15	analysis	analysis	NOUN
gujaf-55	263	16	.	.	PUNCT
gujaf-55	264	1	academic	academic	ADJ
gujaf-55	264	2	journal	journal	NOUN
gujaf-55	264	3	of	of	ADP
gujaf-55	264	4	interdisciplinary	interdisciplinary	ADJ
gujaf-55	264	5	studies	study	NOUN
gujaf-55	264	6	.	.	PUNCT
gujaf-55	265	1	3(2	3(2	NUM
gujaf-55	265	2	)	)	PUNCT
gujaf-55	265	3	,	,	PUNCT
gujaf-55	265	4	43	43	NUM
gujaf-55	265	5	-	-	SYM
gujaf-55	265	6	50	50	NUM
gujaf-55	265	7	sharif	sharif	PROPN
gujaf-55	265	8	,	,	PUNCT
gujaf-55	265	9	b.	b.	PROPN
gujaf-55	265	10	,	,	PUNCT
gujaf-55	265	11	naeem	naeem	PROPN
gujaf-55	265	12	,	,	PUNCT
gujaf-55	265	13	m.	m.	NOUN
gujaf-55	265	14	a.	a.	PROPN
gujaf-55	265	15	,	,	PUNCT
gujaf-55	265	16	&	&	CCONJ
gujaf-55	265	17	khan	khan	PROPN
gujaf-55	265	18	,	,	PUNCT
gujaf-55	265	19	a.j	a.j	PROPN
gujaf-55	265	20	.	.	PROPN
gujaf-55	265	21	,	,	PUNCT
gujaf-55	265	22	(	(	PUNCT
gujaf-55	265	23	2012	2012	NUM
gujaf-55	265	24	)	)	PUNCT
gujaf-55	265	25	.	.	PUNCT
gujaf-55	266	1	firm	firm	PROPN
gujaf-55	266	2	’s	’s	PART
gujaf-55	266	3	characteristics	characteristic	NOUN
gujaf-55	266	4	and	and	CCONJ
gujaf-55	266	5	capital	capital	NOUN
gujaf-55	266	6	structure	structure	NOUN
gujaf-55	266	7	:	:	PUNCT
gujaf-55	266	8	a	a	DET
gujaf-55	266	9	panel	panel	NOUN
gujaf-55	266	10	data	data	VERB
gujaf-55	266	11	analysis	analysis	NOUN
gujaf-55	266	12	of	of	ADP
gujaf-55	266	13	pakistan	pakistan	PROPN
gujaf-55	266	14	’s	’s	PART
gujaf-55	266	15	insurance	insurance	NOUN
gujaf-55	266	16	sector	sector	NOUN
gujaf-55	266	17	,	,	PUNCT
gujaf-55	266	18	african	african	ADJ
gujaf-55	266	19	journal	journal	NOUN
gujaf-55	266	20	of	of	ADP
gujaf-55	266	21	business	business	NOUN
gujaf-55	266	22	management	management	NOUN
gujaf-55	266	23	,	,	PUNCT
gujaf-55	266	24	6(14	6(14	NOUN
gujaf-55	266	25	)	)	PUNCT
gujaf-55	266	26	,	,	PUNCT
gujaf-55	266	27	49394947	49394947	NUM
gujaf-55	266	28	.	.	PUNCT
gujaf-55	267	1	gusau	gusau	PROPN
gujaf-55	267	2	journal	journal	PROPN
gujaf-55	267	3	of	of	ADP
gujaf-55	267	4	accounting	accounting	NOUN
gujaf-55	267	5	and	and	CCONJ
gujaf-55	267	6	finance	finance	NOUN
gujaf-55	267	7	,	,	PUNCT
gujaf-55	267	8	vol	vol	NOUN
gujaf-55	267	9	.	.	PROPN
gujaf-55	267	10	2	2	NUM
gujaf-55	267	11	,	,	PUNCT
gujaf-55	267	12	issue	issue	NOUN
gujaf-55	267	13	1	1	NUM
gujaf-55	267	14	,	,	PUNCT
gujaf-55	267	15	april	april	PROPN
gujaf-55	267	16	,	,	PUNCT
gujaf-55	267	17	2021	2021	NUM
gujaf-55	267	18	12	12	NUM
gujaf-55	267	19	zabri	zabri	NOUN
gujaf-55	267	20	,	,	PUNCT
gujaf-55	267	21	s.	s.	PROPN
gujaf-55	267	22	m.	m.	PROPN
gujaf-55	267	23	(	(	PUNCT
gujaf-55	267	24	2012	2012	NUM
gujaf-55	267	25	)	)	PUNCT
gujaf-55	267	26	.	.	PUNCT
gujaf-55	268	1	the	the	DET
gujaf-55	268	2	determinants	determinant	NOUN
gujaf-55	268	3	of	of	ADP
gujaf-55	268	4	capital	capital	NOUN
gujaf-55	268	5	structure	structure	NOUN
gujaf-55	268	6	among	among	ADP
gujaf-55	268	7	smes	sme	NOUN
gujaf-55	268	8	in	in	ADP
gujaf-55	268	9	malaysia	malaysia	PROPN
gujaf-55	268	10	”	"	PUNCT
gujaf-55	268	11	:	:	PUNCT
gujaf-55	268	12	proceeding	proceed	VERB
gujaf-55	268	13	at	at	ADP
gujaf-55	268	14	international	international	ADJ
gujaf-55	268	15	conference	conference	NOUN
gujaf-55	268	16	of	of	ADP
gujaf-55	268	17	technology	technology	NOUN
gujaf-55	268	18	management	management	NOUN
gujaf-55	268	19	,	,	PUNCT
gujaf-55	268	20	business	business	NOUN
gujaf-55	268	21	and	and	CCONJ
gujaf-55	268	22	entrepreneurship	entrepreneurship	NOUN
gujaf-55	268	23	.	.	PUNCT
gujaf-55	269	1	renaissance	renaissance	NOUN
gujaf-55	269	2	hotel	hotel	PROPN
gujaf-55	269	3	,	,	PUNCT
gujaf-55	269	4	malaysia	malaysia	PROPN
gujaf-55	269	5	18	18	NUM
gujaf-55	269	6	-	-	SYM
gujaf-55	269	7	19	19	NUM
gujaf-55	269	8	december	december	NOUN
gujaf-55	269	9	.	.	PUNCT
gujaf-55	270	1	132	132	NUM
gujaf-55	270	2	-	-	SYM
gujaf-55	270	3	146	146	NUM