id	sid	tid	token	lemma	pos
hassl-848	1	1	169	169	NUM
hassl-848	1	2	©	©	PROPN
hassl-848	1	3	2020	2020	NUM
hassl-848	1	4	conscientia	conscientia	PROPN
hassl-848	1	5	beam	beam	PROPN
hassl-848	1	6	.	.	PUNCT
hassl-848	2	1	all	all	DET
hassl-848	2	2	rights	right	NOUN
hassl-848	2	3	reserved	reserve	VERB
hassl-848	2	4	.	.	PUNCT
hassl-848	3	1	corporate	corporate	ADJ
hassl-848	3	2	governance	governance	NOUN
hassl-848	3	3	and	and	CCONJ
hassl-848	3	4	firm	firm	ADJ
hassl-848	3	5	risk	risk	NOUN
hassl-848	3	6	:	:	PUNCT
hassl-848	3	7	evidence	evidence	NOUN
hassl-848	3	8	from	from	ADP
hassl-848	3	9	malaysian	malaysian	ADJ
hassl-848	3	10	shariah	shariah	PROPN
hassl-848	3	11	compliance	compliance	NOUN
hassl-848	3	12	companies	company	NOUN
hassl-848	3	13	aida	aida	PROPN
hassl-848	3	14	maria	maria	PROPN
hassl-848	4	1	ismail1	ismail1	PROPN
hassl-848	4	2	+	+	PROPN
hassl-848	5	1	cik	cik	PROPN
hassl-848	5	2	rabiah	rabiah	PROPN
hassl-848	5	3	ismail2	ismail2	PROPN
hassl-848	5	4	saliza	saliza	PROPN
hassl-848	5	5	sulaiman3	sulaiman3	PROPN
hassl-848	5	6	dalila	dalila	PROPN
hassl-848	6	1	daud4	daud4	PROPN
hassl-848	7	1	1,3faculty	1,3faculty	NUM
hassl-848	7	2	of	of	ADP
hassl-848	7	3	accountancy	accountancy	NOUN
hassl-848	7	4	,	,	PUNCT
hassl-848	7	5	universiti	universiti	PROPN
hassl-848	7	6	teknologi	teknologi	PROPN
hassl-848	7	7	mara	mara	PROPN
hassl-848	7	8	,	,	PUNCT
hassl-848	7	9	selangor	selangor	PROPN
hassl-848	7	10	campus	campus	PROPN
hassl-848	7	11	,	,	PUNCT
hassl-848	7	12	malaysia	malaysia	PROPN
hassl-848	7	13	.	.	PUNCT
hassl-848	8	1	2kolej	2kolej	NUM
hassl-848	8	2	poly	poly	ADJ
hassl-848	8	3	-	-	PUNCT
hassl-848	8	4	tech	tech	NOUN
hassl-848	8	5	mara	mara	NOUN
hassl-848	8	6	,	,	PUNCT
hassl-848	8	7	bangi	bangi	PROPN
hassl-848	8	8	,	,	PUNCT
hassl-848	8	9	selangor	selangor	PROPN
hassl-848	8	10	,	,	PUNCT
hassl-848	8	11	malaysia	malaysia	PROPN
hassl-848	8	12	.	.	PUNCT
hassl-848	9	1	4accounting	4accounte	VERB
hassl-848	9	2	research	research	NOUN
hassl-848	9	3	institute	institute	NOUN
hassl-848	9	4	and	and	CCONJ
hassl-848	9	5	faculty	faculty	NOUN
hassl-848	9	6	of	of	ADP
hassl-848	9	7	accountancy	accountancy	NOUN
hassl-848	9	8	,	,	PUNCT
hassl-848	9	9	universiti	universiti	PROPN
hassl-848	9	10	teknologi	teknologi	PROPN
hassl-848	9	11	mara	mara	PROPN
hassl-848	9	12	,	,	PUNCT
hassl-848	9	13	seremban	seremban	PROPN
hassl-848	9	14	campus	campus	PROPN
hassl-848	9	15	,	,	PUNCT
hassl-848	9	16	negeri	negeri	PROPN
hassl-848	9	17	sembilan	sembilan	PROPN
hassl-848	9	18	,	,	PUNCT
hassl-848	9	19	malaysia	malaysia	PROPN
hassl-848	9	20	.	.	PUNCT
hassl-848	10	1	(	(	PUNCT
hassl-848	10	2	+	+	CCONJ
hassl-848	10	3	corresponding	correspond	VERB
hassl-848	10	4	author	author	NOUN
hassl-848	10	5	)	)	PUNCT
hassl-848	10	6	abstract	abstract	ADJ
hassl-848	10	7	article	article	NOUN
hassl-848	10	8	history	history	NOUN
hassl-848	10	9	received	receive	VERB
hassl-848	10	10	:	:	PUNCT
hassl-848	10	11	16	16	NUM
hassl-848	10	12	december	december	PROPN
hassl-848	10	13	2019	2019	NUM
hassl-848	10	14	revised	revise	VERB
hassl-848	10	15	:	:	PUNCT
hassl-848	10	16	6	6	NUM
hassl-848	10	17	february	february	NOUN
hassl-848	10	18	2020	2020	NUM
hassl-848	10	19	accepted	accept	VERB
hassl-848	10	20	:	:	PUNCT
hassl-848	10	21	11	11	NUM
hassl-848	10	22	march	march	NOUN
hassl-848	10	23	2020	2020	NUM
hassl-848	10	24	published	publish	VERB
hassl-848	10	25	:	:	PUNCT
hassl-848	10	26	24	24	NUM
hassl-848	10	27	march	march	NOUN
hassl-848	10	28	2020	2020	NUM
hassl-848	10	29	keywords	keyword	VERB
hassl-848	10	30	corporate	corporate	ADJ
hassl-848	10	31	governance	governance	NOUN
hassl-848	10	32	mechanisms	mechanism	NOUN
hassl-848	10	33	firm	firm	NOUN
hassl-848	10	34	’s	’s	PART
hassl-848	10	35	risk	risk	NOUN
hassl-848	10	36	shariah	shariah	PROPN
hassl-848	10	37	compliance	compliance	NOUN
hassl-848	10	38	company	company	NOUN
hassl-848	10	39	cost	cost	NOUN
hassl-848	10	40	of	of	ADP
hassl-848	10	41	equity	equity	NOUN
hassl-848	10	42	capital	capital	PROPN
hassl-848	10	43	capm	capm	PROPN
hassl-848	10	44	agency	agency	PROPN
hassl-848	10	45	theory	theory	NOUN
hassl-848	10	46	.	.	PUNCT
hassl-848	11	1	the	the	DET
hassl-848	11	2	financial	financial	ADJ
hassl-848	11	3	scandals	scandal	NOUN
hassl-848	11	4	that	that	PRON
hassl-848	11	5	have	have	AUX
hassl-848	11	6	hit	hit	VERB
hassl-848	11	7	financial	financial	ADJ
hassl-848	11	8	markets	market	NOUN
hassl-848	11	9	and	and	CCONJ
hassl-848	11	10	caused	cause	VERB
hassl-848	11	11	significant	significant	ADJ
hassl-848	11	12	losses	loss	NOUN
hassl-848	11	13	to	to	ADP
hassl-848	11	14	investors	investor	NOUN
hassl-848	11	15	have	have	AUX
hassl-848	11	16	mainly	mainly	ADV
hassl-848	11	17	been	be	AUX
hassl-848	11	18	attributed	attribute	VERB
hassl-848	11	19	to	to	ADP
hassl-848	11	20	some	some	DET
hassl-848	11	21	defects	defect	NOUN
hassl-848	11	22	in	in	ADP
hassl-848	11	23	corporate	corporate	ADJ
hassl-848	11	24	governance	governance	NOUN
hassl-848	11	25	systems	system	NOUN
hassl-848	11	26	.	.	PUNCT
hassl-848	12	1	hence	hence	ADV
hassl-848	12	2	,	,	PUNCT
hassl-848	12	3	good	good	ADJ
hassl-848	12	4	corporate	corporate	ADJ
hassl-848	12	5	governance	governance	NOUN
hassl-848	12	6	practices	practice	NOUN
hassl-848	12	7	are	be	AUX
hassl-848	12	8	ensured	ensure	VERB
hassl-848	12	9	through	through	ADP
hassl-848	12	10	several	several	ADJ
hassl-848	12	11	structures	structure	NOUN
hassl-848	12	12	and	and	CCONJ
hassl-848	12	13	mechanisms	mechanism	NOUN
hassl-848	12	14	that	that	PRON
hassl-848	12	15	merge	merge	VERB
hassl-848	12	16	the	the	DET
hassl-848	12	17	conflicting	conflict	VERB
hassl-848	12	18	interests	interest	NOUN
hassl-848	12	19	of	of	ADP
hassl-848	12	20	managers	manager	NOUN
hassl-848	12	21	,	,	PUNCT
hassl-848	12	22	in	in	ADP
hassl-848	12	23	one	one	NUM
hassl-848	12	24	side	side	NOUN
hassl-848	12	25	,	,	PUNCT
hassl-848	12	26	and	and	CCONJ
hassl-848	12	27	shareholders	shareholder	NOUN
hassl-848	12	28	and	and	CCONJ
hassl-848	12	29	other	other	ADJ
hassl-848	12	30	stakeholders	stakeholder	NOUN
hassl-848	12	31	,	,	PUNCT
hassl-848	12	32	in	in	ADP
hassl-848	12	33	the	the	DET
hassl-848	12	34	other	other	ADJ
hassl-848	12	35	,	,	PUNCT
hassl-848	12	36	toward	toward	ADP
hassl-848	12	37	the	the	DET
hassl-848	12	38	value	value	NOUN
hassl-848	12	39	maximization	maximization	NOUN
hassl-848	12	40	of	of	ADP
hassl-848	12	41	the	the	DET
hassl-848	12	42	firm	firm	NOUN
hassl-848	12	43	.	.	PUNCT
hassl-848	13	1	apart	apart	ADV
hassl-848	13	2	from	from	ADP
hassl-848	13	3	this	this	PRON
hassl-848	13	4	,	,	PUNCT
hassl-848	13	5	the	the	DET
hassl-848	13	6	study	study	NOUN
hassl-848	13	7	focuses	focus	VERB
hassl-848	13	8	on	on	ADP
hassl-848	13	9	the	the	DET
hassl-848	13	10	relationship	relationship	NOUN
hassl-848	13	11	between	between	ADP
hassl-848	13	12	corporate	corporate	ADJ
hassl-848	13	13	governance	governance	NOUN
hassl-848	13	14	and	and	CCONJ
hassl-848	13	15	firm	firm	ADJ
hassl-848	13	16	risk	risk	NOUN
hassl-848	13	17	in	in	ADP
hassl-848	13	18	malaysia	malaysia	PROPN
hassl-848	13	19	.	.	PUNCT
hassl-848	14	1	specifically	specifically	ADV
hassl-848	14	2	,	,	PUNCT
hassl-848	14	3	this	this	DET
hassl-848	14	4	study	study	NOUN
hassl-848	14	5	aims	aim	VERB
hassl-848	14	6	to	to	PART
hassl-848	14	7	investigate	investigate	VERB
hassl-848	14	8	the	the	DET
hassl-848	14	9	corporate	corporate	ADJ
hassl-848	14	10	governance	governance	NOUN
hassl-848	14	11	(	(	PUNCT
hassl-848	14	12	cg	cg	NOUN
hassl-848	14	13	)	)	PUNCT
hassl-848	14	14	mechanisms	mechanism	NOUN
hassl-848	14	15	(	(	PUNCT
hassl-848	14	16	board	board	NOUN
hassl-848	14	17	independence	independence	NOUN
hassl-848	14	18	,	,	PUNCT
hassl-848	14	19	board	board	NOUN
hassl-848	14	20	size	size	NOUN
hassl-848	14	21	,	,	PUNCT
hassl-848	14	22	existence	existence	NOUN
hassl-848	14	23	of	of	ADP
hassl-848	14	24	audit	audit	NOUN
hassl-848	14	25	and	and	CCONJ
hassl-848	14	26	nomination	nomination	NOUN
hassl-848	14	27	/	/	SYM
hassl-848	14	28	remuneration	remuneration	NOUN
hassl-848	14	29	committees	committee	NOUN
hassl-848	14	30	,	,	PUNCT
hassl-848	14	31	ceo	ceo	NOUN
hassl-848	14	32	duality	duality	NOUN
hassl-848	14	33	,	,	PUNCT
hassl-848	14	34	and	and	CCONJ
hassl-848	14	35	independence	independence	NOUN
hassl-848	14	36	of	of	ADP
hassl-848	14	37	board	board	NOUN
hassl-848	14	38	committees	committee	NOUN
hassl-848	14	39	)	)	PUNCT
hassl-848	14	40	that	that	PRON
hassl-848	14	41	influence	influence	NOUN
hassl-848	14	42	firm	firm	NOUN
hassl-848	14	43	’s	’s	PART
hassl-848	14	44	risk	risk	NOUN
hassl-848	14	45	measured	measure	VERB
hassl-848	14	46	by	by	ADP
hassl-848	14	47	cost	cost	NOUN
hassl-848	14	48	of	of	ADP
hassl-848	14	49	equity	equity	NOUN
hassl-848	14	50	capital	capital	NOUN
hassl-848	14	51	.	.	PUNCT
hassl-848	15	1	the	the	DET
hassl-848	15	2	study	study	NOUN
hassl-848	15	3	provides	provide	VERB
hassl-848	15	4	several	several	ADJ
hassl-848	15	5	literatures	literature	NOUN
hassl-848	15	6	on	on	ADP
hassl-848	15	7	cg	cg	NOUN
hassl-848	15	8	mechanisms	mechanism	NOUN
hassl-848	15	9	,	,	PUNCT
hassl-848	15	10	agency	agency	NOUN
hassl-848	15	11	theory	theory	NOUN
hassl-848	15	12	,	,	PUNCT
hassl-848	15	13	and	and	CCONJ
hassl-848	15	14	capm	capm	NOUN
hassl-848	15	15	in	in	ADP
hassl-848	15	16	order	order	NOUN
hassl-848	15	17	to	to	PART
hassl-848	15	18	achieve	achieve	VERB
hassl-848	15	19	the	the	DET
hassl-848	15	20	objective	objective	NOUN
hassl-848	15	21	designed	design	VERB
hassl-848	15	22	for	for	ADP
hassl-848	15	23	this	this	DET
hassl-848	15	24	particular	particular	ADJ
hassl-848	15	25	research	research	NOUN
hassl-848	15	26	.	.	PUNCT
hassl-848	16	1	in	in	ADP
hassl-848	16	2	order	order	NOUN
hassl-848	16	3	to	to	PART
hassl-848	16	4	answer	answer	VERB
hassl-848	16	5	the	the	DET
hassl-848	16	6	research	research	NOUN
hassl-848	16	7	question	question	NOUN
hassl-848	16	8	and	and	CCONJ
hassl-848	16	9	objective	objective	NOUN
hassl-848	16	10	,	,	PUNCT
hassl-848	16	11	this	this	DET
hassl-848	16	12	study	study	NOUN
hassl-848	16	13	employs	employ	VERB
hassl-848	16	14	a	a	DET
hassl-848	16	15	quantitative	quantitative	ADJ
hassl-848	16	16	method	method	NOUN
hassl-848	16	17	(	(	PUNCT
hassl-848	16	18	secondary	secondary	ADJ
hassl-848	16	19	data	datum	NOUN
hassl-848	16	20	)	)	PUNCT
hassl-848	16	21	.	.	PUNCT
hassl-848	17	1	the	the	DET
hassl-848	17	2	sample	sample	NOUN
hassl-848	17	3	consists	consist	VERB
hassl-848	17	4	of	of	ADP
hassl-848	17	5	302	302	NUM
hassl-848	17	6	firms	firm	NOUN
hassl-848	17	7	from	from	ADP
hassl-848	17	8	public	public	ADJ
hassl-848	17	9	listed	list	VERB
hassl-848	17	10	companies	company	NOUN
hassl-848	17	11	traded	trade	VERB
hassl-848	17	12	in	in	ADP
hassl-848	17	13	bursa	bursa	PROPN
hassl-848	17	14	malaysia	malaysia	PROPN
hassl-848	17	15	which	which	PRON
hassl-848	17	16	are	be	AUX
hassl-848	17	17	practicing	practice	VERB
hassl-848	17	18	shariah	shariah	PROPN
hassl-848	17	19	compliance	compliance	NOUN
hassl-848	17	20	in	in	ADP
hassl-848	17	21	islamic	islamic	ADJ
hassl-848	17	22	capital	capital	NOUN
hassl-848	17	23	market	market	NOUN
hassl-848	17	24	(	(	PUNCT
hassl-848	17	25	icm	icm	NOUN
hassl-848	17	26	)	)	PUNCT
hassl-848	17	27	from	from	ADP
hassl-848	17	28	2013	2013	NUM
hassl-848	17	29	until	until	ADP
hassl-848	17	30	2016	2016	NUM
hassl-848	17	31	.	.	PUNCT
hassl-848	18	1	the	the	DET
hassl-848	18	2	data	datum	NOUN
hassl-848	18	3	were	be	AUX
hassl-848	18	4	analyzed	analyze	VERB
hassl-848	18	5	by	by	ADP
hassl-848	18	6	using	use	VERB
hassl-848	18	7	spss	spss	PROPN
hassl-848	18	8	version	version	NOUN
hassl-848	18	9	23	23	NUM
hassl-848	18	10	including	include	VERB
hassl-848	18	11	descriptive	descriptive	ADJ
hassl-848	18	12	statistics	statistic	NOUN
hassl-848	18	13	,	,	PUNCT
hassl-848	18	14	correlation	correlation	NOUN
hassl-848	18	15	matrix	matrix	NOUN
hassl-848	18	16	as	as	ADV
hassl-848	18	17	well	well	ADV
hassl-848	18	18	as	as	ADP
hassl-848	18	19	regression	regression	VERB
hassl-848	18	20	analysis	analysis	NOUN
hassl-848	18	21	to	to	PART
hassl-848	18	22	examine	examine	VERB
hassl-848	18	23	whether	whether	SCONJ
hassl-848	18	24	higher	high	ADJ
hassl-848	18	25	governance	governance	NOUN
hassl-848	18	26	quality	quality	NOUN
hassl-848	18	27	is	be	AUX
hassl-848	18	28	associated	associate	VERB
hassl-848	18	29	with	with	ADP
hassl-848	18	30	a	a	DET
hassl-848	18	31	lower	low	ADJ
hassl-848	18	32	cost	cost	NOUN
hassl-848	18	33	of	of	ADP
hassl-848	18	34	equity	equity	NOUN
hassl-848	18	35	capital	capital	NOUN
hassl-848	18	36	.	.	PUNCT
hassl-848	19	1	the	the	DET
hassl-848	19	2	findings	finding	NOUN
hassl-848	19	3	showed	show	VERB
hassl-848	19	4	a	a	DET
hassl-848	19	5	mixed	mixed	ADJ
hassl-848	19	6	result	result	NOUN
hassl-848	19	7	between	between	ADP
hassl-848	19	8	cg	cg	NOUN
hassl-848	19	9	mechanisms	mechanism	NOUN
hassl-848	19	10	associated	associate	VERB
hassl-848	19	11	with	with	ADP
hassl-848	19	12	firm	firm	ADJ
hassl-848	19	13	risk	risk	NOUN
hassl-848	19	14	.	.	PUNCT
hassl-848	20	1	however	however	ADV
hassl-848	20	2	,	,	PUNCT
hassl-848	20	3	the	the	DET
hassl-848	20	4	result	result	NOUN
hassl-848	20	5	is	be	AUX
hassl-848	20	6	consistent	consistent	ADJ
hassl-848	20	7	with	with	ADP
hassl-848	20	8	prior	prior	ADJ
hassl-848	20	9	literatures	literature	NOUN
hassl-848	20	10	in	in	ADP
hassl-848	20	11	line	line	NOUN
hassl-848	20	12	with	with	ADP
hassl-848	20	13	corporate	corporate	ADJ
hassl-848	20	14	governance	governance	NOUN
hassl-848	20	15	and	and	CCONJ
hassl-848	20	16	risk	risk	NOUN
hassl-848	20	17	.	.	PUNCT
hassl-848	21	1	contribution	contribution	NOUN
hassl-848	21	2	/	/	SYM
hassl-848	21	3	originality	originality	NOUN
hassl-848	21	4	:	:	PUNCT
hassl-848	21	5	this	this	DET
hassl-848	21	6	study	study	NOUN
hassl-848	21	7	contributes	contribute	VERB
hassl-848	21	8	to	to	ADP
hassl-848	21	9	existing	exist	VERB
hassl-848	21	10	literature	literature	NOUN
hassl-848	21	11	by	by	ADP
hassl-848	21	12	investigating	investigate	VERB
hassl-848	21	13	the	the	DET
hassl-848	21	14	corporate	corporate	ADJ
hassl-848	21	15	governance	governance	NOUN
hassl-848	21	16	(	(	PUNCT
hassl-848	21	17	cg	cg	NOUN
hassl-848	21	18	)	)	PUNCT
hassl-848	21	19	mechanisms	mechanism	NOUN
hassl-848	21	20	that	that	PRON
hassl-848	21	21	influence	influence	NOUN
hassl-848	21	22	firm	firm	NOUN
hassl-848	21	23	’s	’s	PART
hassl-848	21	24	risk	risk	NOUN
hassl-848	21	25	measured	measure	VERB
hassl-848	21	26	by	by	ADP
hassl-848	21	27	cost	cost	NOUN
hassl-848	21	28	of	of	ADP
hassl-848	21	29	equity	equity	NOUN
hassl-848	21	30	capital	capital	NOUN
hassl-848	21	31	.	.	PUNCT
hassl-848	22	1	1	1	X
hassl-848	22	2	.	.	X
hassl-848	22	3	introduction	introduction	NOUN
hassl-848	22	4	since	since	SCONJ
hassl-848	22	5	the	the	DET
hassl-848	22	6	asian	asian	ADJ
hassl-848	22	7	financial	financial	ADJ
hassl-848	22	8	crisis	crisis	NOUN
hassl-848	22	9	and	and	CCONJ
hassl-848	22	10	the	the	DET
hassl-848	22	11	outbreak	outbreak	NOUN
hassl-848	22	12	of	of	ADP
hassl-848	22	13	the	the	DET
hassl-848	22	14	united	united	PROPN
hassl-848	22	15	states	states	PROPN
hassl-848	22	16	(	(	PUNCT
hassl-848	22	17	us	us	PROPN
hassl-848	22	18	)	)	PUNCT
hassl-848	22	19	major	major	ADJ
hassl-848	22	20	corporate	corporate	ADJ
hassl-848	22	21	scandals	scandal	NOUN
hassl-848	22	22	such	such	ADJ
hassl-848	22	23	as	as	ADP
hassl-848	22	24	enron	enron	PROPN
hassl-848	22	25	,	,	PUNCT
hassl-848	22	26	worldcom	worldcom	PROPN
hassl-848	22	27	,	,	PUNCT
hassl-848	22	28	megan	megan	NOUN
hassl-848	22	29	media	medium	NOUN
hassl-848	22	30	,	,	PUNCT
hassl-848	22	31	port	port	NOUN
hassl-848	22	32	klang	klang	PROPN
hassl-848	22	33	free	free	PROPN
hassl-848	22	34	zone	zone	NOUN
hassl-848	22	35	(	(	PUNCT
hassl-848	22	36	pkfz	pkfz	NOUN
hassl-848	22	37	)	)	PUNCT
hassl-848	22	38	,	,	PUNCT
hassl-848	22	39	transmile	transmile	NOUN
hassl-848	22	40	and	and	CCONJ
hassl-848	22	41	others	other	NOUN
hassl-848	22	42	,	,	PUNCT
hassl-848	22	43	the	the	DET
hassl-848	22	44	issue	issue	NOUN
hassl-848	22	45	of	of	ADP
hassl-848	22	46	corporate	corporate	ADJ
hassl-848	22	47	governance	governance	NOUN
hassl-848	22	48	has	have	AUX
hassl-848	22	49	becoming	become	VERB
hassl-848	22	50	paramount	paramount	ADJ
hassl-848	22	51	as	as	SCONJ
hassl-848	22	52	organizations	organization	NOUN
hassl-848	22	53	are	be	AUX
hassl-848	22	54	dependably	dependably	ADV
hassl-848	22	55	looking	look	VERB
hassl-848	22	56	for	for	ADP
hassl-848	22	57	competitive	competitive	ADJ
hassl-848	22	58	edge	edge	NOUN
hassl-848	22	59	in	in	ADP
hassl-848	22	60	an	an	DET
hassl-848	22	61	unpredictable	unpredictable	ADJ
hassl-848	22	62	environment	environment	NOUN
hassl-848	22	63	.	.	PUNCT
hassl-848	23	1	these	these	DET
hassl-848	23	2	crises	crisis	NOUN
hassl-848	23	3	have	have	AUX
hassl-848	23	4	badly	badly	ADV
hassl-848	23	5	affected	affect	VERB
hassl-848	23	6	many	many	ADJ
hassl-848	23	7	asian	asian	ADJ
hassl-848	23	8	countries	country	NOUN
hassl-848	23	9	,	,	PUNCT
hassl-848	23	10	including	include	VERB
hassl-848	23	11	malaysia	malaysia	PROPN
hassl-848	23	12	,	,	PUNCT
hassl-848	23	13	which	which	PRON
hassl-848	23	14	has	have	AUX
hassl-848	23	15	been	be	AUX
hassl-848	23	16	inspired	inspire	VERB
hassl-848	23	17	towards	towards	ADP
hassl-848	23	18	better	well	ADJ
hassl-848	23	19	improvement	improvement	NOUN
hassl-848	23	20	of	of	ADP
hassl-848	23	21	corporate	corporate	ADJ
hassl-848	23	22	governance	governance	NOUN
hassl-848	23	23	(	(	PUNCT
hassl-848	23	24	cg	cg	NOUN
hassl-848	23	25	)	)	PUNCT
hassl-848	23	26	for	for	ADP
hassl-848	23	27	instance	instance	NOUN
hassl-848	23	28	composition	composition	NOUN
hassl-848	23	29	of	of	ADP
hassl-848	23	30	board	board	NOUN
hassl-848	23	31	of	of	ADP
hassl-848	23	32	directors	director	NOUN
hassl-848	23	33	which	which	PRON
hassl-848	23	34	is	be	AUX
hassl-848	23	35	an	an	DET
hassl-848	23	36	important	important	ADJ
hassl-848	23	37	element	element	NOUN
hassl-848	23	38	in	in	ADP
hassl-848	23	39	the	the	DET
hassl-848	23	40	corporate	corporate	ADJ
hassl-848	23	41	governance	governance	NOUN
hassl-848	23	42	.	.	PUNCT
hassl-848	24	1	thus	thus	ADV
hassl-848	24	2	,	,	PUNCT
hassl-848	24	3	the	the	DET
hassl-848	24	4	introduction	introduction	NOUN
hassl-848	24	5	and	and	CCONJ
hassl-848	24	6	establishment	establishment	NOUN
hassl-848	24	7	of	of	ADP
hassl-848	24	8	humanities	humanity	NOUN
hassl-848	24	9	and	and	CCONJ
hassl-848	24	10	social	social	ADJ
hassl-848	24	11	sciences	science	NOUN
hassl-848	24	12	letters	letter	NOUN
hassl-848	24	13	2020	2020	NUM
hassl-848	24	14	vol	vol	NOUN
hassl-848	24	15	.	.	PROPN
hassl-848	24	16	8	8	NUM
hassl-848	24	17	,	,	PUNCT
hassl-848	24	18	no	no	INTJ
hassl-848	24	19	.	.	NOUN
hassl-848	24	20	2	2	NUM
hassl-848	24	21	,	,	PUNCT
hassl-848	24	22	pp	pp	ADJ
hassl-848	24	23	.	.	PUNCT
hassl-848	24	24	169	169	NUM
hassl-848	24	25	-	-	SYM
hassl-848	24	26	193	193	NUM
hassl-848	24	27	.	.	PUNCT
hassl-848	25	1	issn(e	issn(e	INTJ
hassl-848	25	2	):	):	PUNCT
hassl-848	25	3	2312	2312	NUM
hassl-848	25	4	-	-	SYM
hassl-848	25	5	4318	4318	NUM
hassl-848	25	6	issn(p	issn(p	NUM
hassl-848	25	7	):	):	PUNCT
hassl-848	25	8	2312	2312	NUM
hassl-848	25	9	-	-	SYM
hassl-848	25	10	5659	5659	NUM
hassl-848	25	11	doi	doi	NOUN
hassl-848	25	12	:	:	PUNCT
hassl-848	25	13	10.18488	10.18488	NUM
hassl-848	25	14	/	/	SYM
hassl-848	25	15	journal.73.2020.82.169.193	journal.73.2020.82.169.193	NOUN
hassl-848	25	16	©	©	PROPN
hassl-848	25	17	2020	2020	NUM
hassl-848	25	18	conscientia	conscientia	PROPN
hassl-848	25	19	beam	beam	PROPN
hassl-848	25	20	.	.	PUNCT
hassl-848	26	1	all	all	DET
hassl-848	26	2	rights	right	NOUN
hassl-848	26	3	reserved	reserve	VERB
hassl-848	26	4	.	.	PUNCT
hassl-848	27	1	https://orcid.org/0000-0002-0987-8456	https://orcid.org/0000-0002-0987-8456	PROPN
hassl-848	27	2	https://orcid.org/0000-0001-7741-8358	https://orcid.org/0000-0001-7741-8358	PROPN
hassl-848	27	3	https://orcid.org/0000-0001-9305-9957	https://orcid.org/0000-0001-9305-9957	PROPN
hassl-848	27	4	https://orcid.org/0000-0001-8903-9750	https://orcid.org/0000-0001-8903-9750	NOUN
hassl-848	27	5	https://www.doi.org/10.18488/journal.73.2020.82.169.193	https://www.doi.org/10.18488/journal.73.2020.82.169.193	PROPN
hassl-848	27	6	humanities	humanity	NOUN
hassl-848	27	7	and	and	CCONJ
hassl-848	27	8	social	social	ADJ
hassl-848	27	9	sciences	science	NOUN
hassl-848	27	10	letters	letter	NOUN
hassl-848	27	11	,	,	PUNCT
hassl-848	27	12	2020	2020	NUM
hassl-848	27	13	,	,	PUNCT
hassl-848	27	14	8(2	8(2	NUM
hassl-848	27	15	):	):	PUNCT
hassl-848	27	16	169	169	NUM
hassl-848	27	17	-	-	SYM
hassl-848	27	18	193	193	NUM
hassl-848	27	19	170	170	NUM
hassl-848	27	20	©	©	PROPN
hassl-848	27	21	2020	2020	NUM
hassl-848	27	22	conscientia	conscientia	PROPN
hassl-848	27	23	beam	beam	PROPN
hassl-848	27	24	.	.	PUNCT
hassl-848	28	1	all	all	DET
hassl-848	28	2	rights	right	NOUN
hassl-848	28	3	reserved	reserve	VERB
hassl-848	28	4	.	.	PUNCT
hassl-848	29	1	malaysian	malaysian	ADJ
hassl-848	29	2	code	code	PROPN
hassl-848	29	3	of	of	ADP
hassl-848	29	4	corporate	corporate	ADJ
hassl-848	29	5	governance	governance	NOUN
hassl-848	29	6	(	(	PUNCT
hassl-848	29	7	mccg	mccg	NOUN
hassl-848	29	8	)	)	PUNCT
hassl-848	29	9	as	as	ADV
hassl-848	29	10	well	well	ADV
hassl-848	29	11	as	as	ADP
hassl-848	29	12	the	the	DET
hassl-848	29	13	bursa	bursa	NOUN
hassl-848	29	14	malaysia	malaysia	NOUN
hassl-848	29	15	listing	list	VERB
hassl-848	29	16	requirement	requirement	NOUN
hassl-848	29	17	in	in	ADP
hassl-848	29	18	2001	2001	NUM
hassl-848	29	19	highlight	highlight	VERB
hassl-848	29	20	the	the	DET
hassl-848	29	21	important	important	ADJ
hassl-848	29	22	of	of	ADP
hassl-848	29	23	corporate	corporate	ADJ
hassl-848	29	24	governance	governance	NOUN
hassl-848	29	25	reformation	reformation	NOUN
hassl-848	29	26	in	in	ADP
hassl-848	29	27	order	order	NOUN
hassl-848	29	28	to	to	PART
hassl-848	29	29	ensure	ensure	VERB
hassl-848	29	30	that	that	SCONJ
hassl-848	29	31	the	the	DET
hassl-848	29	32	organizations	organization	NOUN
hassl-848	29	33	with	with	ADP
hassl-848	29	34	lack	lack	NOUN
hassl-848	29	35	of	of	ADP
hassl-848	29	36	good	good	ADJ
hassl-848	29	37	practice	practice	NOUN
hassl-848	29	38	of	of	ADP
hassl-848	29	39	corporate	corporate	ADJ
hassl-848	29	40	governance	governance	NOUN
hassl-848	29	41	will	will	AUX
hassl-848	29	42	survive	survive	VERB
hassl-848	29	43	without	without	ADP
hassl-848	29	44	guidelines	guideline	NOUN
hassl-848	29	45	.	.	PUNCT
hassl-848	30	1	currently	currently	ADV
hassl-848	30	2	,	,	PUNCT
hassl-848	30	3	most	most	ADJ
hassl-848	30	4	of	of	ADP
hassl-848	30	5	the	the	DET
hassl-848	30	6	malaysian	malaysian	ADJ
hassl-848	30	7	companies	company	NOUN
hassl-848	30	8	are	be	AUX
hassl-848	30	9	aware	aware	ADJ
hassl-848	30	10	and	and	CCONJ
hassl-848	30	11	comply	comply	ADJ
hassl-848	30	12	with	with	ADP
hassl-848	30	13	good	good	ADJ
hassl-848	30	14	ethics	ethic	NOUN
hassl-848	30	15	and	and	CCONJ
hassl-848	30	16	conduct	conduct	NOUN
hassl-848	30	17	in	in	ADP
hassl-848	30	18	their	their	PRON
hassl-848	30	19	operation	operation	NOUN
hassl-848	30	20	of	of	ADP
hassl-848	30	21	business	business	NOUN
hassl-848	30	22	.	.	PUNCT
hassl-848	31	1	this	this	PRON
hassl-848	31	2	is	be	AUX
hassl-848	31	3	due	due	ADJ
hassl-848	31	4	to	to	ADP
hassl-848	31	5	the	the	DET
hassl-848	31	6	awareness	awareness	NOUN
hassl-848	31	7	and	and	CCONJ
hassl-848	31	8	demand	demand	NOUN
hassl-848	31	9	from	from	ADP
hassl-848	31	10	muslims	muslims	PROPN
hassl-848	31	11	to	to	PART
hassl-848	31	12	involve	involve	VERB
hassl-848	31	13	in	in	ADP
hassl-848	31	14	the	the	DET
hassl-848	31	15	capital	capital	NOUN
hassl-848	31	16	market	market	NOUN
hassl-848	31	17	investment	investment	NOUN
hassl-848	31	18	.	.	PUNCT
hassl-848	32	1	therefore	therefore	ADV
hassl-848	32	2	,	,	PUNCT
hassl-848	32	3	securities	security	NOUN
hassl-848	32	4	commission	commission	PROPN
hassl-848	32	5	of	of	ADP
hassl-848	32	6	malaysia	malaysia	PROPN
hassl-848	32	7	has	have	VERB
hassl-848	32	8	their	their	PRON
hassl-848	32	9	own	own	ADJ
hassl-848	32	10	committee	committee	NOUN
hassl-848	32	11	which	which	PRON
hassl-848	32	12	is	be	AUX
hassl-848	32	13	the	the	DET
hassl-848	32	14	shariah	shariah	PROPN
hassl-848	32	15	advisory	advisory	PROPN
hassl-848	32	16	council	council	PROPN
hassl-848	32	17	(	(	PUNCT
hassl-848	32	18	sac	sac	NOUN
hassl-848	32	19	)	)	PUNCT
hassl-848	32	20	and	and	CCONJ
hassl-848	32	21	traded	trade	VERB
hassl-848	32	22	at	at	ADP
hassl-848	32	23	bursa	bursa	PROPN
hassl-848	32	24	malaysia	malaysia	PROPN
hassl-848	32	25	.	.	PUNCT
hassl-848	33	1	with	with	ADP
hassl-848	33	2	the	the	DET
hassl-848	33	3	shariah	shariah	PROPN
hassl-848	33	4	compliance	compliance	NOUN
hassl-848	33	5	,	,	PUNCT
hassl-848	33	6	the	the	DET
hassl-848	33	7	companies	company	NOUN
hassl-848	33	8	can	can	AUX
hassl-848	33	9	expand	expand	VERB
hassl-848	33	10	their	their	PRON
hassl-848	33	11	investment	investment	NOUN
hassl-848	33	12	in	in	ADP
hassl-848	33	13	a	a	DET
hassl-848	33	14	better	well	ADJ
hassl-848	33	15	way	way	NOUN
hassl-848	33	16	as	as	ADV
hassl-848	33	17	well	well	ADV
hassl-848	33	18	as	as	ADP
hassl-848	33	19	maximizing	maximize	VERB
hassl-848	33	20	their	their	PRON
hassl-848	33	21	shareholders	shareholder	NOUN
hassl-848	33	22	’	'	PUNCT
hassl-848	33	23	wealth	wealth	NOUN
hassl-848	33	24	.	.	PUNCT
hassl-848	34	1	in	in	ADP
hassl-848	34	2	fact	fact	NOUN
hassl-848	34	3	,	,	PUNCT
hassl-848	34	4	shareholders	shareholder	NOUN
hassl-848	34	5	and	and	CCONJ
hassl-848	34	6	investors	investor	NOUN
hassl-848	34	7	are	be	AUX
hassl-848	34	8	not	not	PART
hassl-848	34	9	only	only	ADV
hassl-848	34	10	concerned	concerned	ADJ
hassl-848	34	11	about	about	ADP
hassl-848	34	12	making	make	VERB
hassl-848	34	13	profit	profit	NOUN
hassl-848	34	14	but	but	CCONJ
hassl-848	34	15	how	how	SCONJ
hassl-848	34	16	and	and	CCONJ
hassl-848	34	17	where	where	SCONJ
hassl-848	34	18	the	the	DET
hassl-848	34	19	sources	source	NOUN
hassl-848	34	20	of	of	ADP
hassl-848	34	21	investment	investment	NOUN
hassl-848	34	22	are	be	AUX
hassl-848	34	23	also	also	ADV
hassl-848	34	24	being	be	AUX
hassl-848	34	25	considered	consider	VERB
hassl-848	34	26	(	(	PUNCT
hassl-848	34	27	derigs	derig	NOUN
hassl-848	34	28	&	&	CCONJ
hassl-848	34	29	marzban	marzban	PROPN
hassl-848	34	30	,	,	PUNCT
hassl-848	34	31	2008	2008	NUM
hassl-848	34	32	)	)	PUNCT
hassl-848	34	33	.	.	PUNCT
hassl-848	35	1	thus	thus	ADV
hassl-848	35	2	,	,	PUNCT
hassl-848	35	3	with	with	ADP
hassl-848	35	4	these	these	DET
hassl-848	35	5	compliances	compliance	NOUN
hassl-848	35	6	,	,	PUNCT
hassl-848	35	7	a	a	DET
hassl-848	35	8	company	company	NOUN
hassl-848	35	9	would	would	AUX
hassl-848	35	10	improve	improve	VERB
hassl-848	35	11	their	their	PRON
hassl-848	35	12	governance	governance	NOUN
hassl-848	35	13	practice	practice	NOUN
hassl-848	35	14	in	in	ADP
hassl-848	35	15	order	order	NOUN
hassl-848	35	16	to	to	PART
hassl-848	35	17	succeed	succeed	VERB
hassl-848	35	18	in	in	ADP
hassl-848	35	19	ethical	ethical	ADJ
hassl-848	35	20	conduct	conduct	NOUN
hassl-848	35	21	.	.	PUNCT
hassl-848	36	1	it	it	PRON
hassl-848	36	2	would	would	AUX
hassl-848	36	3	enhance	enhance	VERB
hassl-848	36	4	researchers	researcher	NOUN
hassl-848	36	5	to	to	PART
hassl-848	36	6	study	study	VERB
hassl-848	36	7	the	the	DET
hassl-848	36	8	governance	governance	NOUN
hassl-848	36	9	mechanisms	mechanism	NOUN
hassl-848	36	10	with	with	ADP
hassl-848	36	11	issues	issue	NOUN
hassl-848	36	12	related	relate	VERB
hassl-848	36	13	to	to	ADP
hassl-848	36	14	performance	performance	NOUN
hassl-848	36	15	,	,	PUNCT
hassl-848	36	16	risk	risk	NOUN
hassl-848	36	17	taking	taking	NOUN
hassl-848	36	18	and	and	CCONJ
hassl-848	36	19	other	other	ADJ
hassl-848	36	20	agency	agency	NOUN
hassl-848	36	21	problems	problem	NOUN
hassl-848	36	22	(	(	PUNCT
hassl-848	36	23	agrawal	agrawal	PROPN
hassl-848	36	24	&	&	CCONJ
hassl-848	36	25	knoeber	knoeber	PROPN
hassl-848	36	26	,	,	PUNCT
hassl-848	36	27	1996	1996	NUM
hassl-848	36	28	)	)	PUNCT
hassl-848	36	29	.	.	PUNCT
hassl-848	37	1	the	the	DET
hassl-848	37	2	link	link	NOUN
hassl-848	37	3	between	between	ADP
hassl-848	37	4	cg	cg	NOUN
hassl-848	37	5	mechanisms	mechanism	NOUN
hassl-848	37	6	and	and	CCONJ
hassl-848	37	7	firm	firm	ADJ
hassl-848	37	8	risk	risk	NOUN
hassl-848	37	9	taking	taking	NOUN
hassl-848	37	10	has	have	AUX
hassl-848	37	11	been	be	AUX
hassl-848	37	12	examined	examine	VERB
hassl-848	37	13	by	by	ADP
hassl-848	37	14	akhigbe	akhigbe	NOUN
hassl-848	37	15	and	and	CCONJ
hassl-848	37	16	martin	martin	PROPN
hassl-848	37	17	(	(	PUNCT
hassl-848	37	18	2008	2008	NUM
hassl-848	37	19	)	)	PUNCT
hassl-848	37	20	whose	whose	DET
hassl-848	37	21	found	find	VERB
hassl-848	37	22	that	that	SCONJ
hassl-848	37	23	short	short	ADJ
hassl-848	37	24	and	and	CCONJ
hassl-848	37	25	long	long	ADJ
hassl-848	37	26	term	term	NOUN
hassl-848	37	27	risk	risk	NOUN
hassl-848	37	28	taking	take	VERB
hassl-848	37	29	measures	measure	NOUN
hassl-848	37	30	inversely	inversely	ADV
hassl-848	37	31	with	with	ADP
hassl-848	37	32	the	the	DET
hassl-848	37	33	strength	strength	NOUN
hassl-848	37	34	and	and	CCONJ
hassl-848	37	35	characteristics	characteristic	NOUN
hassl-848	37	36	of	of	ADP
hassl-848	37	37	corporate	corporate	ADJ
hassl-848	37	38	governance	governance	NOUN
hassl-848	37	39	.	.	PUNCT
hassl-848	38	1	according	accord	VERB
hassl-848	38	2	to	to	ADP
hassl-848	38	3	reverte	reverte	NOUN
hassl-848	38	4	(	(	PUNCT
hassl-848	38	5	2009	2009	NUM
hassl-848	38	6	)	)	PUNCT
hassl-848	38	7	who	who	PRON
hassl-848	38	8	studied	study	VERB
hassl-848	38	9	the	the	DET
hassl-848	38	10	relationship	relationship	NOUN
hassl-848	38	11	between	between	ADP
hassl-848	38	12	corporate	corporate	ADJ
hassl-848	38	13	governance	governance	NOUN
hassl-848	38	14	and	and	CCONJ
hassl-848	38	15	cost	cost	NOUN
hassl-848	38	16	of	of	ADP
hassl-848	38	17	equity	equity	NOUN
hassl-848	38	18	capital	capital	NOUN
hassl-848	38	19	(	(	PUNCT
hassl-848	38	20	as	as	ADP
hassl-848	38	21	proxy	proxy	NOUN
hassl-848	38	22	to	to	PART
hassl-848	38	23	firm	firm	VERB
hassl-848	38	24	’s	’s	PART
hassl-848	38	25	risk	risk	NOUN
hassl-848	38	26	)	)	PUNCT
hassl-848	38	27	suggests	suggest	VERB
hassl-848	38	28	that	that	SCONJ
hassl-848	38	29	stronger	strong	ADJ
hassl-848	38	30	governance	governance	NOUN
hassl-848	38	31	firms	firm	NOUN
hassl-848	38	32	will	will	AUX
hassl-848	38	33	be	be	AUX
hassl-848	38	34	rewarded	reward	VERB
hassl-848	38	35	by	by	ADP
hassl-848	38	36	lower	low	ADJ
hassl-848	38	37	cost	cost	NOUN
hassl-848	38	38	of	of	ADP
hassl-848	38	39	equity	equity	NOUN
hassl-848	38	40	capital	capital	NOUN
hassl-848	38	41	compared	compare	VERB
hassl-848	38	42	to	to	ADP
hassl-848	38	43	weaker	weak	ADJ
hassl-848	38	44	governance	governance	NOUN
hassl-848	38	45	firms	firm	NOUN
hassl-848	38	46	.	.	PUNCT
hassl-848	39	1	moreover	moreover	ADV
hassl-848	39	2	,	,	PUNCT
hassl-848	39	3	the	the	DET
hassl-848	39	4	result	result	NOUN
hassl-848	39	5	gathered	gather	VERB
hassl-848	39	6	from	from	ADP
hassl-848	39	7	a	a	DET
hassl-848	39	8	study	study	NOUN
hassl-848	39	9	by	by	ADP
hassl-848	39	10	laeven	laeven	ADJ
hassl-848	39	11	and	and	CCONJ
hassl-848	39	12	levine	levine	PROPN
hassl-848	39	13	(	(	PUNCT
hassl-848	39	14	2009	2009	NUM
hassl-848	39	15	)	)	PUNCT
hassl-848	39	16	in	in	ADP
hassl-848	39	17	banking	banking	NOUN
hassl-848	39	18	sector	sector	NOUN
hassl-848	39	19	indicates	indicate	VERB
hassl-848	39	20	that	that	SCONJ
hassl-848	39	21	firms	firm	NOUN
hassl-848	39	22	with	with	ADP
hassl-848	39	23	more	more	ADJ
hassl-848	39	24	dominant	dominant	ADJ
hassl-848	39	25	board	board	NOUN
hassl-848	39	26	of	of	ADP
hassl-848	39	27	directors	director	NOUN
hassl-848	39	28	(	(	PUNCT
hassl-848	39	29	bod	bod	PROPN
hassl-848	39	30	)	)	PUNCT
hassl-848	39	31	are	be	AUX
hassl-848	39	32	likely	likely	ADV
hassl-848	39	33	tend	tend	ADJ
hassl-848	39	34	to	to	PART
hassl-848	39	35	increase	increase	VERB
hassl-848	39	36	firms	firm	NOUN
hassl-848	39	37	’	'	PUNCT
hassl-848	39	38	risk	risk	NOUN
hassl-848	39	39	.	.	PUNCT
hassl-848	40	1	therefore	therefore	ADV
hassl-848	40	2	,	,	PUNCT
hassl-848	40	3	there	there	PRON
hassl-848	40	4	are	be	VERB
hassl-848	40	5	several	several	ADJ
hassl-848	40	6	studies	study	NOUN
hassl-848	40	7	which	which	PRON
hassl-848	40	8	examined	examine	VERB
hassl-848	40	9	the	the	DET
hassl-848	40	10	relationship	relationship	NOUN
hassl-848	40	11	between	between	ADP
hassl-848	40	12	shariah	shariah	PROPN
hassl-848	40	13	compliance	compliance	NOUN
hassl-848	40	14	companies	company	NOUN
hassl-848	40	15	with	with	ADP
hassl-848	40	16	risk	risk	NOUN
hassl-848	40	17	and	and	CCONJ
hassl-848	40	18	return	return	VERB
hassl-848	40	19	.	.	PUNCT
hassl-848	41	1	for	for	ADP
hassl-848	41	2	example	example	NOUN
hassl-848	41	3	,	,	PUNCT
hassl-848	41	4	dharani	dharani	PROPN
hassl-848	41	5	and	and	CCONJ
hassl-848	41	6	natarajan	natarajan	PROPN
hassl-848	41	7	(	(	PUNCT
hassl-848	41	8	2011	2011	NUM
hassl-848	41	9	)	)	PUNCT
hassl-848	41	10	studied	study	VERB
hassl-848	41	11	the	the	DET
hassl-848	41	12	relationship	relationship	NOUN
hassl-848	41	13	between	between	ADP
hassl-848	41	14	shariah	shariah	PROPN
hassl-848	41	15	compliance	compliance	NOUN
hassl-848	41	16	and	and	CCONJ
hassl-848	41	17	non	non	ADJ
hassl-848	41	18	-	-	ADJ
hassl-848	41	19	compliance	compliance	ADJ
hassl-848	41	20	companies	company	NOUN
hassl-848	41	21	in	in	ADP
hassl-848	41	22	india	india	PROPN
hassl-848	41	23	and	and	CCONJ
hassl-848	41	24	the	the	DET
hassl-848	41	25	result	result	NOUN
hassl-848	41	26	disclosed	disclose	VERB
hassl-848	41	27	that	that	SCONJ
hassl-848	41	28	low	low	ADJ
hassl-848	41	29	volatile	volatile	ADJ
hassl-848	41	30	(	(	PUNCT
hassl-848	41	31	measured	measure	VERB
hassl-848	41	32	of	of	ADP
hassl-848	41	33	firm	firm	ADJ
hassl-848	41	34	risk	risk	NOUN
hassl-848	41	35	)	)	PUNCT
hassl-848	41	36	nature	nature	NOUN
hassl-848	41	37	of	of	ADP
hassl-848	41	38	shariah	shariah	PROPN
hassl-848	41	39	compliance	compliance	NOUN
hassl-848	41	40	compared	compare	VERB
hassl-848	41	41	to	to	ADP
hassl-848	41	42	non	non	ADJ
hassl-848	41	43	-	-	ADJ
hassl-848	41	44	compliance	compliance	ADJ
hassl-848	41	45	companies	company	NOUN
hassl-848	41	46	.	.	PUNCT
hassl-848	42	1	while	while	SCONJ
hassl-848	42	2	sadeghi	sadeghi	PROPN
hassl-848	42	3	(	(	PUNCT
hassl-848	42	4	2008	2008	NUM
hassl-848	42	5	)	)	PUNCT
hassl-848	42	6	proved	prove	VERB
hassl-848	42	7	that	that	SCONJ
hassl-848	42	8	an	an	DET
hassl-848	42	9	introduction	introduction	NOUN
hassl-848	42	10	of	of	ADP
hassl-848	42	11	shariah	shariah	PROPN
hassl-848	42	12	compliance	compliance	NOUN
hassl-848	42	13	index	index	NOUN
hassl-848	42	14	would	would	AUX
hassl-848	42	15	improve	improve	VERB
hassl-848	42	16	performance	performance	NOUN
hassl-848	42	17	and	and	CCONJ
hassl-848	42	18	liquidity	liquidity	NOUN
hassl-848	42	19	including	include	VERB
hassl-848	42	20	shares	share	NOUN
hassl-848	42	21	using	use	VERB
hassl-848	42	22	malaysian	malaysian	ADJ
hassl-848	42	23	listed	list	VERB
hassl-848	42	24	companies	company	NOUN
hassl-848	42	25	sample	sample	VERB
hassl-848	42	26	in	in	ADP
hassl-848	42	27	bursa	bursa	PROPN
hassl-848	42	28	malaysia	malaysia	PROPN
hassl-848	42	29	.	.	PUNCT
hassl-848	43	1	hence	hence	ADV
hassl-848	43	2	,	,	PUNCT
hassl-848	43	3	in	in	ADP
hassl-848	43	4	complying	comply	VERB
hassl-848	43	5	with	with	ADP
hassl-848	43	6	the	the	DET
hassl-848	43	7	issue	issue	NOUN
hassl-848	43	8	of	of	ADP
hassl-848	43	9	shariah	shariah	PROPN
hassl-848	43	10	,	,	PUNCT
hassl-848	43	11	it	it	PRON
hassl-848	43	12	is	be	AUX
hassl-848	43	13	significant	significant	ADJ
hassl-848	43	14	to	to	PART
hassl-848	43	15	analyze	analyze	VERB
hassl-848	43	16	on	on	ADP
hassl-848	43	17	the	the	DET
hassl-848	43	18	shariah	shariah	PROPN
hassl-848	43	19	companies	company	NOUN
hassl-848	43	20	whether	whether	SCONJ
hassl-848	43	21	different	different	ADJ
hassl-848	43	22	levels	level	NOUN
hassl-848	43	23	of	of	ADP
hassl-848	43	24	companies	company	NOUN
hassl-848	43	25	’	'	PUNCT
hassl-848	43	26	uncertainties	uncertainty	NOUN
hassl-848	43	27	(	(	PUNCT
hassl-848	43	28	risks	risk	NOUN
hassl-848	43	29	)	)	PUNCT
hassl-848	43	30	would	would	AUX
hassl-848	43	31	provide	provide	VERB
hassl-848	43	32	different	different	ADJ
hassl-848	43	33	outputs	output	NOUN
hassl-848	43	34	on	on	ADP
hassl-848	43	35	the	the	DET
hassl-848	43	36	level	level	NOUN
hassl-848	43	37	of	of	ADP
hassl-848	43	38	compliance	compliance	NOUN
hassl-848	43	39	(	(	PUNCT
hassl-848	43	40	mohd	mohd	NOUN
hassl-848	43	41	-	-	PUNCT
hassl-848	43	42	sanusi	sanusi	PROPN
hassl-848	43	43	,	,	PUNCT
hassl-848	43	44	ismail	ismail	NOUN
hassl-848	43	45	,	,	PUNCT
hassl-848	43	46	hudayati	hudayati	NOUN
hassl-848	43	47	,	,	PUNCT
hassl-848	43	48	&	&	CCONJ
hassl-848	43	49	harjito	harjito	PROPN
hassl-848	43	50	,	,	PUNCT
hassl-848	43	51	2015	2015	NUM
hassl-848	43	52	)	)	PUNCT
hassl-848	43	53	.	.	PUNCT
hassl-848	44	1	1.1	1.1	NUM
hassl-848	44	2	.	.	PUNCT
hassl-848	45	1	study	study	NOUN
hassl-848	45	2	motivation	motivation	NOUN
hassl-848	45	3	good	good	ADJ
hassl-848	45	4	corporate	corporate	ADJ
hassl-848	45	5	governance	governance	NOUN
hassl-848	45	6	requires	require	VERB
hassl-848	45	7	more	more	ADJ
hassl-848	45	8	training	training	NOUN
hassl-848	45	9	and	and	CCONJ
hassl-848	45	10	practice	practice	NOUN
hassl-848	45	11	in	in	ADP
hassl-848	45	12	the	the	DET
hassl-848	45	13	companies	company	NOUN
hassl-848	45	14	and	and	CCONJ
hassl-848	45	15	ensure	ensure	VERB
hassl-848	45	16	the	the	DET
hassl-848	45	17	best	good	ADJ
hassl-848	45	18	interest	interest	NOUN
hassl-848	45	19	and	and	CCONJ
hassl-848	45	20	ethical	ethical	ADJ
hassl-848	45	21	value	value	NOUN
hassl-848	45	22	provided	provide	VERB
hassl-848	45	23	for	for	ADP
hassl-848	45	24	the	the	DET
hassl-848	45	25	benefits	benefit	NOUN
hassl-848	45	26	of	of	ADP
hassl-848	45	27	their	their	PRON
hassl-848	45	28	individual	individual	ADJ
hassl-848	45	29	effective	effective	ADJ
hassl-848	45	30	commitment	commitment	NOUN
hassl-848	45	31	in	in	ADP
hassl-848	45	32	the	the	DET
hassl-848	45	33	long	long	ADJ
hassl-848	45	34	run	run	NOUN
hassl-848	45	35	(	(	PUNCT
hassl-848	45	36	appelbaum	appelbaum	NOUN
hassl-848	45	37	,	,	PUNCT
hassl-848	45	38	vigneault	vigneault	NOUN
hassl-848	45	39	,	,	PUNCT
hassl-848	45	40	walker	walker	PROPN
hassl-848	45	41	,	,	PUNCT
hassl-848	45	42	&	&	CCONJ
hassl-848	45	43	shapiro	shapiro	PROPN
hassl-848	45	44	,	,	PUNCT
hassl-848	45	45	2009	2009	NUM
hassl-848	45	46	)	)	PUNCT
hassl-848	45	47	.	.	PUNCT
hassl-848	46	1	this	this	PRON
hassl-848	46	2	is	be	AUX
hassl-848	46	3	suggested	suggest	VERB
hassl-848	46	4	by	by	ADP
hassl-848	46	5	demidenko	demidenko	PROPN
hassl-848	46	6	and	and	CCONJ
hassl-848	46	7	mcnutt	mcnutt	PROPN
hassl-848	46	8	(	(	PUNCT
hassl-848	46	9	2010	2010	NUM
hassl-848	46	10	)	)	PUNCT
hassl-848	46	11	who	who	PRON
hassl-848	46	12	found	find	VERB
hassl-848	46	13	that	that	DET
hassl-848	46	14	good	good	ADJ
hassl-848	46	15	governance	governance	NOUN
hassl-848	46	16	should	should	AUX
hassl-848	46	17	ensure	ensure	VERB
hassl-848	46	18	good	good	ADJ
hassl-848	46	19	ethical	ethical	ADJ
hassl-848	46	20	values	value	NOUN
hassl-848	46	21	,	,	PUNCT
hassl-848	46	22	codes	code	NOUN
hassl-848	46	23	of	of	ADP
hassl-848	46	24	ethic	ethic	ADJ
hassl-848	46	25	,	,	PUNCT
hassl-848	46	26	roles	role	NOUN
hassl-848	46	27	and	and	CCONJ
hassl-848	46	28	responsibilities	responsibility	NOUN
hassl-848	46	29	are	be	AUX
hassl-848	46	30	carried	carry	VERB
hassl-848	46	31	out	out	ADP
hassl-848	46	32	in	in	ADP
hassl-848	46	33	order	order	NOUN
hassl-848	46	34	to	to	PART
hassl-848	46	35	practice	practice	VERB
hassl-848	46	36	with	with	ADP
hassl-848	46	37	clear	clear	ADJ
hassl-848	46	38	risk	risk	NOUN
hassl-848	46	39	management	management	NOUN
hassl-848	46	40	structure	structure	NOUN
hassl-848	46	41	to	to	PART
hassl-848	46	42	achieve	achieve	VERB
hassl-848	46	43	the	the	DET
hassl-848	46	44	targeted	target	VERB
hassl-848	46	45	objectives	objective	NOUN
hassl-848	46	46	and	and	CCONJ
hassl-848	46	47	well	well	ADV
hassl-848	46	48	defined	define	VERB
hassl-848	46	49	set	set	NOUN
hassl-848	46	50	of	of	ADP
hassl-848	46	51	accountabilities	accountability	NOUN
hassl-848	46	52	.	.	PUNCT
hassl-848	47	1	creating	create	VERB
hassl-848	47	2	value	value	NOUN
hassl-848	47	3	for	for	ADP
hassl-848	47	4	shareholders	shareholder	NOUN
hassl-848	47	5	through	through	ADP
hassl-848	47	6	good	good	ADJ
hassl-848	47	7	corporate	corporate	ADJ
hassl-848	47	8	governance	governance	NOUN
hassl-848	47	9	has	have	AUX
hassl-848	47	10	become	become	VERB
hassl-848	47	11	the	the	DET
hassl-848	47	12	subject	subject	NOUN
hassl-848	47	13	of	of	ADP
hassl-848	47	14	intense	intense	ADJ
hassl-848	47	15	interest	interest	NOUN
hassl-848	47	16	in	in	ADP
hassl-848	47	17	corporate	corporate	ADJ
hassl-848	47	18	finance	finance	NOUN
hassl-848	47	19	research	research	NOUN
hassl-848	47	20	,	,	PUNCT
hassl-848	47	21	especially	especially	ADV
hassl-848	47	22	after	after	ADP
hassl-848	47	23	overabundance	overabundance	NOUN
hassl-848	47	24	of	of	ADP
hassl-848	47	25	corporate	corporate	ADJ
hassl-848	47	26	scams	scam	NOUN
hassl-848	47	27	and	and	CCONJ
hassl-848	47	28	debacles	debacle	NOUN
hassl-848	47	29	in	in	ADP
hassl-848	47	30	recent	recent	ADJ
hassl-848	47	31	times	time	NOUN
hassl-848	47	32	(	(	PUNCT
hassl-848	47	33	balachandran	balachandran	PROPN
hassl-848	47	34	&	&	CCONJ
hassl-848	47	35	faff	faff	PROPN
hassl-848	47	36	,	,	PUNCT
hassl-848	47	37	2015	2015	NUM
hassl-848	47	38	)	)	PUNCT
hassl-848	47	39	.	.	PUNCT
hassl-848	48	1	corporate	corporate	ADJ
hassl-848	48	2	governance	governance	NOUN
hassl-848	48	3	issues	issue	NOUN
hassl-848	48	4	flow	flow	VERB
hassl-848	48	5	from	from	ADP
hassl-848	48	6	the	the	DET
hassl-848	48	7	concept	concept	NOUN
hassl-848	48	8	of	of	ADP
hassl-848	48	9	accountability	accountability	NOUN
hassl-848	48	10	and	and	CCONJ
hassl-848	48	11	governance	governance	NOUN
hassl-848	48	12	and	and	CCONJ
hassl-848	48	13	assume	assume	VERB
hassl-848	48	14	greater	great	ADJ
hassl-848	48	15	significance	significance	NOUN
hassl-848	48	16	and	and	CCONJ
hassl-848	48	17	magnitude	magnitude	NOUN
hassl-848	48	18	in	in	ADP
hassl-848	48	19	the	the	DET
hassl-848	48	20	corporate	corporate	ADJ
hassl-848	48	21	form	form	NOUN
hassl-848	48	22	of	of	ADP
hassl-848	48	23	organization	organization	NOUN
hassl-848	48	24	where	where	SCONJ
hassl-848	48	25	the	the	DET
hassl-848	48	26	ownership	ownership	NOUN
hassl-848	48	27	and	and	CCONJ
hassl-848	48	28	management	management	NOUN
hassl-848	48	29	of	of	ADP
hassl-848	48	30	organisation	organisation	NOUN
hassl-848	48	31	are	be	AUX
hassl-848	48	32	distanced	distance	VERB
hassl-848	48	33	(	(	PUNCT
hassl-848	48	34	singhal	singhal	PROPN
hassl-848	48	35	,	,	PUNCT
hassl-848	48	36	2014	2014	NUM
hassl-848	48	37	)	)	PUNCT
hassl-848	48	38	.	.	PUNCT
hassl-848	49	1	in	in	ADP
hassl-848	49	2	this	this	DET
hassl-848	49	3	study	study	NOUN
hassl-848	49	4	,	,	PUNCT
hassl-848	49	5	a	a	DET
hassl-848	49	6	firm	firm	NOUN
hassl-848	49	7	’s	’s	PART
hassl-848	49	8	risk	risk	NOUN
hassl-848	49	9	measured	measure	VERB
hassl-848	49	10	by	by	ADP
hassl-848	49	11	cost	cost	NOUN
hassl-848	49	12	of	of	ADP
hassl-848	49	13	equity	equity	NOUN
hassl-848	49	14	capital	capital	NOUN
hassl-848	49	15	reflects	reflect	VERB
hassl-848	49	16	investors	investor	NOUN
hassl-848	49	17	’	'	PUNCT
hassl-848	49	18	required	require	VERB
hassl-848	49	19	return	return	NOUN
hassl-848	49	20	which	which	PRON
hassl-848	49	21	is	be	AUX
hassl-848	49	22	based	base	VERB
hassl-848	49	23	on	on	ADP
hassl-848	49	24	the	the	DET
hassl-848	49	25	current	current	ADJ
hassl-848	49	26	risk	risk	NOUN
hassl-848	49	27	of	of	ADP
hassl-848	49	28	the	the	DET
hassl-848	49	29	firm	firm	NOUN
hassl-848	49	30	’s	’s	PART
hassl-848	49	31	operations	operation	NOUN
hassl-848	49	32	and	and	CCONJ
hassl-848	49	33	thus	thus	ADV
hassl-848	49	34	is	be	AUX
hassl-848	49	35	able	able	ADJ
hassl-848	49	36	to	to	PART
hassl-848	49	37	react	react	VERB
hassl-848	49	38	more	more	ADV
hassl-848	49	39	precisely	precisely	ADV
hassl-848	49	40	to	to	ADP
hassl-848	49	41	year	year	NOUN
hassl-848	49	42	to	to	ADP
hassl-848	49	43	year	year	NOUN
hassl-848	49	44	changes	change	NOUN
hassl-848	49	45	to	to	ADP
hassl-848	49	46	a	a	DET
hassl-848	49	47	firm	firm	NOUN
hassl-848	49	48	’s	’s	PART
hassl-848	49	49	governance	governance	NOUN
hassl-848	49	50	environments	environment	NOUN
hassl-848	49	51	without	without	ADP
hassl-848	49	52	being	be	AUX
hassl-848	49	53	influenced	influence	VERB
hassl-848	49	54	by	by	ADP
hassl-848	49	55	external	external	ADJ
hassl-848	49	56	factors	factor	NOUN
hassl-848	49	57	that	that	PRON
hassl-848	49	58	affect	affect	VERB
hassl-848	49	59	future	future	ADJ
hassl-848	49	60	growth	growth	NOUN
hassl-848	49	61	and	and	CCONJ
hassl-848	49	62	profitability	profitability	NOUN
hassl-848	49	63	(	(	PUNCT
hassl-848	49	64	bozec	bozec	ADJ
hassl-848	49	65	.	.	PUNCT
hassl-848	50	1	&	&	CCONJ
hassl-848	50	2	bozec	bozec	ADJ
hassl-848	50	3	,	,	PUNCT
hassl-848	50	4	2011	2011	NUM
hassl-848	50	5	)	)	PUNCT
hassl-848	50	6	.	.	PUNCT
hassl-848	51	1	various	various	ADJ
hassl-848	51	2	studies	study	NOUN
hassl-848	51	3	such	such	ADJ
hassl-848	51	4	as	as	ADP
hassl-848	51	5	reverte	reverte	NOUN
hassl-848	51	6	(	(	PUNCT
hassl-848	51	7	2009	2009	NUM
hassl-848	51	8	)	)	PUNCT
hassl-848	51	9	and	and	CCONJ
hassl-848	51	10	gul	gul	PROPN
hassl-848	51	11	,	,	PUNCT
hassl-848	51	12	rashid	rashid	PROPN
hassl-848	51	13	,	,	PUNCT
hassl-848	51	14	and	and	CCONJ
hassl-848	51	15	muhammad	muhammad	X
hassl-848	51	16	(	(	PUNCT
hassl-848	51	17	2016	2016	NUM
hassl-848	51	18	)	)	PUNCT
hassl-848	51	19	suggest	suggest	VERB
hassl-848	51	20	that	that	DET
hassl-848	51	21	firm	firm	NOUN
hassl-848	51	22	’s	’s	NOUN
hassl-848	51	23	with	with	ADP
hassl-848	51	24	weak	weak	ADJ
hassl-848	51	25	governance	governance	NOUN
hassl-848	51	26	perform	perform	VERB
hassl-848	51	27	particularly	particularly	ADV
hassl-848	51	28	poorly	poorly	ADV
hassl-848	51	29	during	during	ADP
hassl-848	51	30	market	market	NOUN
hassl-848	51	31	recessions	recession	NOUN
hassl-848	51	32	and	and	CCONJ
hassl-848	51	33	thus	thus	ADV
hassl-848	51	34	should	should	AUX
hassl-848	51	35	be	be	AUX
hassl-848	51	36	subject	subject	ADJ
hassl-848	51	37	to	to	ADP
hassl-848	51	38	a	a	DET
hassl-848	51	39	higher	high	ADJ
hassl-848	51	40	cost	cost	NOUN
hassl-848	51	41	of	of	ADP
hassl-848	51	42	capital	capital	NOUN
hassl-848	51	43	.	.	PUNCT
hassl-848	52	1	for	for	ADP
hassl-848	52	2	example	example	NOUN
hassl-848	52	3	,	,	PUNCT
hassl-848	52	4	when	when	SCONJ
hassl-848	52	5	external	external	ADJ
hassl-848	52	6	monitoring	monitoring	NOUN
hassl-848	52	7	of	of	ADP
hassl-848	52	8	insiders	insider	NOUN
hassl-848	52	9	is	be	AUX
hassl-848	52	10	inadequate	inadequate	ADJ
hassl-848	52	11	,	,	PUNCT
hassl-848	52	12	humanities	humanity	NOUN
hassl-848	52	13	and	and	CCONJ
hassl-848	52	14	social	social	ADJ
hassl-848	52	15	sciences	science	NOUN
hassl-848	52	16	letters	letter	NOUN
hassl-848	52	17	,	,	PUNCT
hassl-848	52	18	2020	2020	NUM
hassl-848	52	19	,	,	PUNCT
hassl-848	52	20	8(2	8(2	NUM
hassl-848	52	21	):	):	PUNCT
hassl-848	52	22	169	169	NUM
hassl-848	52	23	-	-	SYM
hassl-848	52	24	193	193	NUM
hassl-848	52	25	171	171	NUM
hassl-848	52	26	©	©	PROPN
hassl-848	52	27	2020	2020	NUM
hassl-848	52	28	conscientia	conscientia	PROPN
hassl-848	52	29	beam	beam	PROPN
hassl-848	52	30	.	.	PUNCT
hassl-848	53	1	all	all	DET
hassl-848	53	2	rights	right	NOUN
hassl-848	53	3	reserved	reserve	VERB
hassl-848	53	4	.	.	PUNCT
hassl-848	54	1	managers	manager	NOUN
hassl-848	54	2	may	may	AUX
hassl-848	54	3	undertake	undertake	VERB
hassl-848	54	4	excessive	excessive	ADJ
hassl-848	54	5	borrowings	borrowing	NOUN
hassl-848	54	6	in	in	ADP
hassl-848	54	7	order	order	NOUN
hassl-848	54	8	to	to	PART
hassl-848	54	9	expand	expand	VERB
hassl-848	54	10	their	their	PRON
hassl-848	54	11	business	business	NOUN
hassl-848	54	12	operations	operation	NOUN
hassl-848	54	13	.	.	PUNCT
hassl-848	55	1	thus	thus	ADV
hassl-848	55	2	,	,	PUNCT
hassl-848	55	3	it	it	PRON
hassl-848	55	4	will	will	AUX
hassl-848	55	5	increase	increase	VERB
hassl-848	55	6	a	a	DET
hassl-848	55	7	firm	firm	NOUN
hassl-848	55	8	’s	’s	PART
hassl-848	55	9	exposure	exposure	NOUN
hassl-848	55	10	to	to	ADP
hassl-848	55	11	market	market	NOUN
hassl-848	55	12	-	-	PUNCT
hassl-848	55	13	wide	wide	ADJ
hassl-848	55	14	risk	risk	NOUN
hassl-848	55	15	and	and	CCONJ
hassl-848	55	16	ultimately	ultimately	ADV
hassl-848	55	17	increase	increase	VERB
hassl-848	55	18	the	the	DET
hassl-848	55	19	cost	cost	NOUN
hassl-848	55	20	of	of	ADP
hassl-848	55	21	equity	equity	NOUN
hassl-848	55	22	capital	capital	NOUN
hassl-848	55	23	.	.	PUNCT
hassl-848	56	1	in	in	ADP
hassl-848	56	2	addition	addition	NOUN
hassl-848	56	3	,	,	PUNCT
hassl-848	56	4	the	the	DET
hassl-848	56	5	cost	cost	NOUN
hassl-848	56	6	of	of	ADP
hassl-848	56	7	equity	equity	NOUN
hassl-848	56	8	capital	capital	NOUN
hassl-848	56	9	for	for	ADP
hassl-848	56	10	poorly	poorly	ADV
hassl-848	56	11	governed	govern	VERB
hassl-848	56	12	firms	firm	NOUN
hassl-848	56	13	can	can	AUX
hassl-848	56	14	also	also	ADV
hassl-848	56	15	increase	increase	VERB
hassl-848	56	16	because	because	SCONJ
hassl-848	56	17	of	of	ADP
hassl-848	56	18	lack	lack	NOUN
hassl-848	56	19	of	of	ADP
hassl-848	56	20	corporate	corporate	ADJ
hassl-848	56	21	transparency	transparency	NOUN
hassl-848	56	22	.	.	PUNCT
hassl-848	57	1	therefore	therefore	ADV
hassl-848	57	2	,	,	PUNCT
hassl-848	57	3	it	it	PRON
hassl-848	57	4	would	would	AUX
hassl-848	57	5	leads	lead	VERB
hassl-848	57	6	to	to	ADP
hassl-848	57	7	higher	high	ADJ
hassl-848	57	8	issuing	issuing	NOUN
hassl-848	57	9	and	and	CCONJ
hassl-848	57	10	transaction	transaction	NOUN
hassl-848	57	11	costs	cost	NOUN
hassl-848	57	12	(	(	PUNCT
hassl-848	57	13	singhal	singhal	NOUN
hassl-848	57	14	,	,	PUNCT
hassl-848	57	15	2014	2014	NUM
hassl-848	57	16	)	)	PUNCT
hassl-848	57	17	.	.	PUNCT
hassl-848	58	1	furthermore	furthermore	ADV
hassl-848	58	2	,	,	PUNCT
hassl-848	58	3	studies	study	NOUN
hassl-848	58	4	normally	normally	ADV
hassl-848	58	5	assume	assume	VERB
hassl-848	58	6	that	that	SCONJ
hassl-848	58	7	corporate	corporate	ADJ
hassl-848	58	8	governance	governance	NOUN
hassl-848	58	9	affects	affect	VERB
hassl-848	58	10	firm	firm	ADJ
hassl-848	58	11	value	value	NOUN
hassl-848	58	12	through	through	ADP
hassl-848	58	13	its	its	PRON
hassl-848	58	14	impact	impact	NOUN
hassl-848	58	15	on	on	ADP
hassl-848	58	16	the	the	DET
hassl-848	58	17	expected	expect	VERB
hassl-848	58	18	future	future	ADJ
hassl-848	58	19	cash	cash	NOUN
hassl-848	58	20	flows	flow	NOUN
hassl-848	58	21	.	.	PUNCT
hassl-848	59	1	indeed	indeed	ADV
hassl-848	59	2	,	,	PUNCT
hassl-848	59	3	corporate	corporate	ADJ
hassl-848	59	4	governance	governance	NOUN
hassl-848	59	5	may	may	AUX
hassl-848	59	6	affect	affect	VERB
hassl-848	59	7	firm	firm	ADJ
hassl-848	59	8	valuation	valuation	NOUN
hassl-848	59	9	by	by	ADP
hassl-848	59	10	reducing	reduce	VERB
hassl-848	59	11	the	the	DET
hassl-848	59	12	level	level	NOUN
hassl-848	59	13	of	of	ADP
hassl-848	59	14	private	private	ADJ
hassl-848	59	15	benefits	benefit	NOUN
hassl-848	59	16	extracted	extract	VERB
hassl-848	59	17	by	by	ADP
hassl-848	59	18	managers	manager	NOUN
hassl-848	59	19	or	or	CCONJ
hassl-848	59	20	controlling	control	VERB
hassl-848	59	21	shareholders	shareholder	NOUN
hassl-848	59	22	.	.	PUNCT
hassl-848	60	1	thus	thus	ADV
hassl-848	60	2	,	,	PUNCT
hassl-848	60	3	it	it	PRON
hassl-848	60	4	will	will	AUX
hassl-848	60	5	increase	increase	VERB
hassl-848	60	6	the	the	DET
hassl-848	60	7	expected	expect	VERB
hassl-848	60	8	cash	cash	NOUN
hassl-848	60	9	flows	flow	NOUN
hassl-848	60	10	that	that	PRON
hassl-848	60	11	can	can	AUX
hassl-848	60	12	be	be	AUX
hassl-848	60	13	distributed	distribute	VERB
hassl-848	60	14	to	to	ADP
hassl-848	60	15	shareholders	shareholder	NOUN
hassl-848	60	16	which	which	PRON
hassl-848	60	17	is	be	AUX
hassl-848	60	18	cash	cash	NOUN
hassl-848	60	19	flow	flow	NOUN
hassl-848	60	20	effect	effect	NOUN
hassl-848	60	21	(	(	PUNCT
hassl-848	60	22	groth	groth	NOUN
hassl-848	60	23	,	,	PUNCT
hassl-848	60	24	2002	2002	NUM
hassl-848	60	25	)	)	PUNCT
hassl-848	60	26	.	.	PUNCT
hassl-848	61	1	however	however	ADV
hassl-848	61	2	,	,	PUNCT
hassl-848	61	3	corporate	corporate	ADJ
hassl-848	61	4	governance	governance	NOUN
hassl-848	61	5	may	may	AUX
hassl-848	61	6	also	also	ADV
hassl-848	61	7	have	have	VERB
hassl-848	61	8	value	value	NOUN
hassl-848	61	9	implications	implication	NOUN
hassl-848	61	10	through	through	ADP
hassl-848	61	11	its	its	PRON
hassl-848	61	12	effect	effect	NOUN
hassl-848	61	13	on	on	ADP
hassl-848	61	14	the	the	DET
hassl-848	61	15	firms	firm	NOUN
hassl-848	61	16	’	'	PUNCT
hassl-848	61	17	cost	cost	NOUN
hassl-848	61	18	of	of	ADP
hassl-848	61	19	equity	equity	NOUN
hassl-848	61	20	capital	capital	NOUN
hassl-848	61	21	,	,	PUNCT
hassl-848	61	22	for	for	ADP
hassl-848	61	23	instance	instance	NOUN
hassl-848	61	24	the	the	DET
hassl-848	61	25	rate	rate	NOUN
hassl-848	61	26	the	the	DET
hassl-848	61	27	investors	investor	NOUN
hassl-848	61	28	apply	apply	VERB
hassl-848	61	29	to	to	ADP
hassl-848	61	30	discount	discount	NOUN
hassl-848	61	31	expected	expect	VERB
hassl-848	61	32	cash	cash	NOUN
hassl-848	61	33	flows	flow	NOUN
hassl-848	61	34	which	which	PRON
hassl-848	61	35	is	be	AUX
hassl-848	61	36	cost	cost	NOUN
hassl-848	61	37	of	of	ADP
hassl-848	61	38	capital	capital	NOUN
hassl-848	61	39	effect	effect	NOUN
hassl-848	61	40	(	(	PUNCT
hassl-848	61	41	feroz	feroz	PROPN
hassl-848	61	42	,	,	PUNCT
hassl-848	61	43	johnston	johnston	PROPN
hassl-848	61	44	,	,	PUNCT
hassl-848	61	45	reck	reck	PROPN
hassl-848	61	46	,	,	PUNCT
hassl-848	61	47	&	&	CCONJ
hassl-848	61	48	wilson	wilson	PROPN
hassl-848	61	49	,	,	PUNCT
hassl-848	61	50	2006	2006	NUM
hassl-848	61	51	)	)	PUNCT
hassl-848	61	52	.	.	PUNCT
hassl-848	62	1	theoretically	theoretically	ADV
hassl-848	62	2	,	,	PUNCT
hassl-848	62	3	jensen	jensen	PROPN
hassl-848	62	4	and	and	CCONJ
hassl-848	62	5	meckling	meckling	NOUN
hassl-848	62	6	(	(	PUNCT
hassl-848	62	7	1976	1976	NUM
hassl-848	62	8	)	)	PUNCT
hassl-848	62	9	show	show	VERB
hassl-848	62	10	that	that	SCONJ
hassl-848	62	11	firms	firm	NOUN
hassl-848	62	12	with	with	ADP
hassl-848	62	13	effective	effective	ADJ
hassl-848	62	14	corporate	corporate	ADJ
hassl-848	62	15	governance	governance	NOUN
hassl-848	62	16	should	should	AUX
hassl-848	62	17	have	have	VERB
hassl-848	62	18	higher	high	ADJ
hassl-848	62	19	valuation	valuation	NOUN
hassl-848	62	20	.	.	PUNCT
hassl-848	63	1	albuquerue	albuquerue	PROPN
hassl-848	63	2	and	and	CCONJ
hassl-848	63	3	wang	wang	PROPN
hassl-848	63	4	(	(	PUNCT
hassl-848	63	5	2008	2008	NUM
hassl-848	63	6	)	)	PUNCT
hassl-848	63	7	generate	generate	VERB
hassl-848	63	8	a	a	DET
hassl-848	63	9	dynamic	dynamic	ADJ
hassl-848	63	10	statistic	statistic	ADJ
hassl-848	63	11	general	general	ADJ
hassl-848	63	12	equilibrium	equilibrium	NOUN
hassl-848	63	13	model	model	NOUN
hassl-848	63	14	to	to	PART
hassl-848	63	15	study	study	VERB
hassl-848	63	16	the	the	DET
hassl-848	63	17	impact	impact	NOUN
hassl-848	63	18	of	of	ADP
hassl-848	63	19	shareholder	shareholder	NOUN
hassl-848	63	20	protection	protection	NOUN
hassl-848	63	21	affects	affect	VERB
hassl-848	63	22	investment	investment	NOUN
hassl-848	63	23	magnitude	magnitude	NOUN
hassl-848	63	24	,	,	PUNCT
hassl-848	63	25	firm	firm	ADJ
hassl-848	63	26	value	value	NOUN
hassl-848	63	27	and	and	CCONJ
hassl-848	63	28	cost	cost	NOUN
hassl-848	63	29	of	of	ADP
hassl-848	63	30	capital	capital	NOUN
hassl-848	63	31	.	.	PUNCT
hassl-848	64	1	their	their	PRON
hassl-848	64	2	paper	paper	NOUN
hassl-848	64	3	calculates	calculate	VERB
hassl-848	64	4	a	a	DET
hassl-848	64	5	general	general	ADJ
hassl-848	64	6	equilibrium	equilibrium	NOUN
hassl-848	64	7	that	that	PRON
hassl-848	64	8	indicates	indicate	VERB
hassl-848	64	9	weaker	weak	ADJ
hassl-848	64	10	shareholder	shareholder	NOUN
hassl-848	64	11	protection	protection	NOUN
hassl-848	64	12	will	will	AUX
hassl-848	64	13	lead	lead	VERB
hassl-848	64	14	to	to	ADP
hassl-848	64	15	higher	high	ADJ
hassl-848	64	16	cost	cost	NOUN
hassl-848	64	17	of	of	ADP
hassl-848	64	18	capital	capital	NOUN
hassl-848	64	19	.	.	PUNCT
hassl-848	65	1	on	on	ADP
hassl-848	65	2	the	the	DET
hassl-848	65	3	other	other	ADJ
hassl-848	65	4	hand	hand	NOUN
hassl-848	65	5	,	,	PUNCT
hassl-848	65	6	a	a	DET
hassl-848	65	7	study	study	NOUN
hassl-848	65	8	conducted	conduct	VERB
hassl-848	65	9	by	by	ADP
hassl-848	65	10	embong	embong	PROPN
hassl-848	65	11	,	,	PUNCT
hassl-848	65	12	mohd	mohd	NOUN
hassl-848	65	13	-	-	PUNCT
hassl-848	65	14	saleh	saleh	NOUN
hassl-848	65	15	,	,	PUNCT
hassl-848	65	16	and	and	CCONJ
hassl-848	65	17	sabri	sabri	PROPN
hassl-848	65	18	hassan	hassan	PROPN
hassl-848	65	19	(	(	PUNCT
hassl-848	65	20	2012	2012	NUM
hassl-848	65	21	)	)	PUNCT
hassl-848	65	22	focuses	focus	VERB
hassl-848	65	23	on	on	ADP
hassl-848	65	24	firm	firm	ADJ
hassl-848	65	25	size	size	NOUN
hassl-848	65	26	,	,	PUNCT
hassl-848	65	27	disclosure	disclosure	NOUN
hassl-848	65	28	and	and	CCONJ
hassl-848	65	29	cost	cost	NOUN
hassl-848	65	30	of	of	ADP
hassl-848	65	31	equity	equity	NOUN
hassl-848	65	32	capital	capital	NOUN
hassl-848	65	33	that	that	PRON
hassl-848	65	34	show	show	VERB
hassl-848	65	35	significant	significant	ADJ
hassl-848	65	36	relationship	relationship	NOUN
hassl-848	65	37	between	between	ADP
hassl-848	65	38	disclosure	disclosure	NOUN
hassl-848	65	39	and	and	CCONJ
hassl-848	65	40	cost	cost	NOUN
hassl-848	65	41	of	of	ADP
hassl-848	65	42	equity	equity	NOUN
hassl-848	65	43	capital	capital	NOUN
hassl-848	65	44	for	for	ADP
hassl-848	65	45	large	large	ADJ
hassl-848	65	46	company	company	NOUN
hassl-848	65	47	however	however	ADV
hassl-848	65	48	insignificant	insignificant	ADJ
hassl-848	65	49	for	for	ADP
hassl-848	65	50	small	small	ADJ
hassl-848	65	51	company	company	NOUN
hassl-848	65	52	.	.	PUNCT
hassl-848	66	1	the	the	DET
hassl-848	66	2	issue	issue	NOUN
hassl-848	66	3	of	of	ADP
hassl-848	66	4	corporate	corporate	ADJ
hassl-848	66	5	governance	governance	NOUN
hassl-848	66	6	that	that	PRON
hassl-848	66	7	would	would	AUX
hassl-848	66	8	influence	influence	VERB
hassl-848	66	9	cost	cost	NOUN
hassl-848	66	10	of	of	ADP
hassl-848	66	11	equity	equity	NOUN
hassl-848	66	12	capital	capital	NOUN
hassl-848	66	13	need	need	VERB
hassl-848	66	14	to	to	PART
hassl-848	66	15	be	be	AUX
hassl-848	66	16	further	far	ADV
hassl-848	66	17	investigated	investigate	VERB
hassl-848	66	18	.	.	PUNCT
hassl-848	67	1	the	the	DET
hassl-848	67	2	argument	argument	NOUN
hassl-848	67	3	has	have	AUX
hassl-848	67	4	been	be	AUX
hassl-848	67	5	made	make	VERB
hassl-848	67	6	by	by	ADP
hassl-848	67	7	gul	gul	PROPN
hassl-848	67	8	et	et	PROPN
hassl-848	67	9	al	al	PROPN
hassl-848	67	10	.	.	PROPN
hassl-848	68	1	(	(	PUNCT
hassl-848	68	2	2016	2016	NUM
hassl-848	68	3	)	)	PUNCT
hassl-848	68	4	in	in	ADP
hassl-848	68	5	their	their	PRON
hassl-848	68	6	study	study	NOUN
hassl-848	68	7	shows	show	VERB
hassl-848	68	8	that	that	SCONJ
hassl-848	68	9	the	the	DET
hassl-848	68	10	relationship	relationship	NOUN
hassl-848	68	11	between	between	ADP
hassl-848	68	12	corporate	corporate	ADJ
hassl-848	68	13	governance	governance	NOUN
hassl-848	68	14	and	and	CCONJ
hassl-848	68	15	cost	cost	NOUN
hassl-848	68	16	of	of	ADP
hassl-848	68	17	equity	equity	NOUN
hassl-848	68	18	capital	capital	NOUN
hassl-848	68	19	is	be	AUX
hassl-848	68	20	important	important	ADJ
hassl-848	68	21	for	for	ADP
hassl-848	68	22	external	external	ADJ
hassl-848	68	23	financial	financial	ADJ
hassl-848	68	24	capabilities	capability	NOUN
hassl-848	68	25	and	and	CCONJ
hassl-848	68	26	investment	investment	NOUN
hassl-848	68	27	decision	decision	NOUN
hassl-848	68	28	in	in	ADP
hassl-848	68	29	term	term	NOUN
hassl-848	68	30	of	of	ADP
hassl-848	68	31	financing	financing	NOUN
hassl-848	68	32	cost	cost	NOUN
hassl-848	68	33	.	.	PUNCT
hassl-848	69	1	from	from	ADP
hassl-848	69	2	theoretical	theoretical	ADJ
hassl-848	69	3	perspective	perspective	NOUN
hassl-848	69	4	,	,	PUNCT
hassl-848	69	5	agency	agency	NOUN
hassl-848	69	6	risk	risk	NOUN
hassl-848	69	7	would	would	AUX
hassl-848	69	8	tend	tend	VERB
hassl-848	69	9	to	to	PART
hassl-848	69	10	increase	increase	VERB
hassl-848	69	11	as	as	ADP
hassl-848	69	12	for	for	ADP
hassl-848	69	13	badly	badly	ADV
hassl-848	69	14	governed	govern	VERB
hassl-848	69	15	companies	company	NOUN
hassl-848	69	16	(	(	PUNCT
hassl-848	69	17	jensen	jensen	PROPN
hassl-848	69	18	&	&	CCONJ
hassl-848	69	19	meckling	meckling	PROPN
hassl-848	69	20	,	,	PUNCT
hassl-848	69	21	1976	1976	NUM
hassl-848	69	22	)	)	PUNCT
hassl-848	69	23	where	where	SCONJ
hassl-848	69	24	agency	agency	NOUN
hassl-848	69	25	risk	risk	NOUN
hassl-848	69	26	is	be	AUX
hassl-848	69	27	the	the	DET
hassl-848	69	28	risk	risk	NOUN
hassl-848	69	29	of	of	ADP
hassl-848	69	30	managers	manager	NOUN
hassl-848	69	31	would	would	AUX
hassl-848	69	32	run	run	VERB
hassl-848	69	33	the	the	DET
hassl-848	69	34	business	business	NOUN
hassl-848	69	35	based	base	VERB
hassl-848	69	36	on	on	ADP
hassl-848	69	37	their	their	PRON
hassl-848	69	38	own	own	ADJ
hassl-848	69	39	interest	interest	NOUN
hassl-848	69	40	.	.	PUNCT
hassl-848	70	1	consequently	consequently	ADV
hassl-848	70	2	,	,	PUNCT
hassl-848	70	3	the	the	DET
hassl-848	70	4	lack	lack	NOUN
hassl-848	70	5	of	of	ADP
hassl-848	70	6	examining	examine	VERB
hassl-848	70	7	the	the	DET
hassl-848	70	8	relationship	relationship	NOUN
hassl-848	70	9	between	between	ADP
hassl-848	70	10	corporate	corporate	ADJ
hassl-848	70	11	governance	governance	NOUN
hassl-848	70	12	mechanism	mechanism	NOUN
hassl-848	70	13	and	and	CCONJ
hassl-848	70	14	firm	firm	ADJ
hassl-848	70	15	risk	risk	NOUN
hassl-848	70	16	in	in	ADP
hassl-848	70	17	malaysia	malaysia	PROPN
hassl-848	70	18	provides	provide	VERB
hassl-848	70	19	a	a	DET
hassl-848	70	20	gap	gap	NOUN
hassl-848	70	21	in	in	ADP
hassl-848	70	22	the	the	DET
hassl-848	70	23	literature	literature	NOUN
hassl-848	70	24	.	.	PUNCT
hassl-848	71	1	thus	thus	ADV
hassl-848	71	2	,	,	PUNCT
hassl-848	71	3	such	such	ADJ
hassl-848	71	4	limitation	limitation	NOUN
hassl-848	71	5	warrants	warrant	NOUN
hassl-848	71	6	this	this	DET
hassl-848	71	7	study	study	NOUN
hassl-848	71	8	to	to	PART
hassl-848	71	9	be	be	AUX
hassl-848	71	10	conducted	conduct	VERB
hassl-848	71	11	on	on	ADP
hassl-848	71	12	the	the	DET
hassl-848	71	13	relationship	relationship	NOUN
hassl-848	71	14	between	between	ADP
hassl-848	71	15	corporate	corporate	ADJ
hassl-848	71	16	governance	governance	NOUN
hassl-848	71	17	mechanisms	mechanism	NOUN
hassl-848	71	18	and	and	CCONJ
hassl-848	71	19	risk	risk	NOUN
hassl-848	71	20	that	that	PRON
hassl-848	71	21	is	be	AUX
hassl-848	71	22	measured	measure	VERB
hassl-848	71	23	by	by	ADP
hassl-848	71	24	cost	cost	NOUN
hassl-848	71	25	of	of	ADP
hassl-848	71	26	equity	equity	NOUN
hassl-848	71	27	capital	capital	NOUN
hassl-848	71	28	among	among	ADP
hassl-848	71	29	companies	company	NOUN
hassl-848	71	30	with	with	ADP
hassl-848	71	31	shariah	shariah	PROPN
hassl-848	71	32	compliance	compliance	NOUN
hassl-848	71	33	in	in	ADP
hassl-848	71	34	malaysia	malaysia	PROPN
hassl-848	71	35	.	.	PUNCT
hassl-848	72	1	this	this	DET
hassl-848	72	2	group	group	NOUN
hassl-848	72	3	of	of	ADP
hassl-848	72	4	companies	company	NOUN
hassl-848	72	5	will	will	AUX
hassl-848	72	6	be	be	AUX
hassl-848	72	7	evaluated	evaluate	VERB
hassl-848	72	8	based	base	VERB
hassl-848	72	9	on	on	ADP
hassl-848	72	10	board	board	NOUN
hassl-848	72	11	independence	independence	NOUN
hassl-848	72	12	,	,	PUNCT
hassl-848	72	13	ceo	ceo	NOUN
hassl-848	72	14	duality	duality	NOUN
hassl-848	72	15	,	,	PUNCT
hassl-848	72	16	existence	existence	NOUN
hassl-848	72	17	of	of	ADP
hassl-848	72	18	audit	audit	NOUN
hassl-848	72	19	and	and	CCONJ
hassl-848	72	20	nomination	nomination	NOUN
hassl-848	72	21	or	or	CCONJ
hassl-848	72	22	remuneration	remuneration	NOUN
hassl-848	72	23	committee	committee	NOUN
hassl-848	72	24	,	,	PUNCT
hassl-848	72	25	board	board	NOUN
hassl-848	72	26	committee	committee	PROPN
hassl-848	72	27	independence	independence	NOUN
hassl-848	72	28	and	and	CCONJ
hassl-848	72	29	board	board	NOUN
hassl-848	72	30	size	size	NOUN
hassl-848	72	31	(	(	PUNCT
hassl-848	72	32	as	as	ADP
hassl-848	72	33	proxies	proxy	NOUN
hassl-848	72	34	to	to	ADP
hassl-848	72	35	corporate	corporate	ADJ
hassl-848	72	36	governance	governance	NOUN
hassl-848	72	37	mechanisms	mechanism	NOUN
hassl-848	72	38	)	)	PUNCT
hassl-848	72	39	which	which	PRON
hassl-848	72	40	either	either	CCONJ
hassl-848	72	41	they	they	PRON
hassl-848	72	42	are	be	AUX
hassl-848	72	43	in	in	ADP
hassl-848	72	44	good	good	ADJ
hassl-848	72	45	governance	governance	NOUN
hassl-848	72	46	or	or	CCONJ
hassl-848	72	47	otherwise	otherwise	ADV
hassl-848	72	48	.	.	PUNCT
hassl-848	73	1	hence	hence	ADV
hassl-848	73	2	,	,	PUNCT
hassl-848	73	3	this	this	DET
hassl-848	73	4	study	study	NOUN
hassl-848	73	5	will	will	AUX
hassl-848	73	6	further	far	ADV
hassl-848	73	7	examine	examine	VERB
hassl-848	73	8	the	the	DET
hassl-848	73	9	relationship	relationship	NOUN
hassl-848	73	10	between	between	ADP
hassl-848	73	11	corporate	corporate	ADJ
hassl-848	73	12	governance	governance	NOUN
hassl-848	73	13	mechanisms	mechanism	NOUN
hassl-848	73	14	and	and	CCONJ
hassl-848	73	15	firm	firm	NOUN
hassl-848	73	16	’s	’s	PART
hassl-848	73	17	risk	risk	NOUN
hassl-848	73	18	as	as	ADV
hassl-848	73	19	well	well	ADV
hassl-848	73	20	as	as	ADP
hassl-848	73	21	to	to	PART
hassl-848	73	22	prove	prove	VERB
hassl-848	73	23	the	the	DET
hassl-848	73	24	previous	previous	ADJ
hassl-848	73	25	literatures	literature	NOUN
hassl-848	73	26	that	that	PRON
hassl-848	73	27	claim	claim	VERB
hassl-848	73	28	good	good	ADJ
hassl-848	73	29	governance	governance	NOUN
hassl-848	73	30	practice	practice	NOUN
hassl-848	73	31	should	should	AUX
hassl-848	73	32	lead	lead	VERB
hassl-848	73	33	to	to	ADP
hassl-848	73	34	lower	low	ADJ
hassl-848	73	35	risk	risk	NOUN
hassl-848	73	36	.	.	PUNCT
hassl-848	74	1	2	2	X
hassl-848	74	2	.	.	X
hassl-848	74	3	literature	literature	NOUN
hassl-848	74	4	review	review	VERB
hassl-848	74	5	2.1	2.1	NUM
hassl-848	74	6	.	.	PUNCT
hassl-848	75	1	good	good	ADJ
hassl-848	75	2	governance	governance	NOUN
hassl-848	75	3	practice	practice	NOUN
hassl-848	75	4	and	and	CCONJ
hassl-848	75	5	shariah	shariah	PROPN
hassl-848	75	6	compliance	compliance	NOUN
hassl-848	75	7	in	in	ADP
hassl-848	75	8	malaysia	malaysia	PROPN
hassl-848	75	9	good	good	ADJ
hassl-848	75	10	governance	governance	NOUN
hassl-848	75	11	implies	imply	VERB
hassl-848	75	12	that	that	SCONJ
hassl-848	75	13	firms	firm	NOUN
hassl-848	75	14	are	be	AUX
hassl-848	75	15	able	able	ADJ
hassl-848	75	16	to	to	PART
hassl-848	75	17	create	create	VERB
hassl-848	75	18	intention	intention	NOUN
hassl-848	75	19	from	from	ADP
hassl-848	75	20	investors	investor	NOUN
hassl-848	75	21	,	,	PUNCT
hassl-848	75	22	gain	gain	VERB
hassl-848	75	23	their	their	PRON
hassl-848	75	24	confidence	confidence	NOUN
hassl-848	75	25	through	through	ADP
hassl-848	75	26	the	the	DET
hassl-848	75	27	practice	practice	NOUN
hassl-848	75	28	of	of	ADP
hassl-848	75	29	clear	clear	ADJ
hassl-848	75	30	roles	role	NOUN
hassl-848	75	31	and	and	CCONJ
hassl-848	75	32	transparent	transparent	ADJ
hassl-848	75	33	,	,	PUNCT
hassl-848	75	34	fairness	fairness	NOUN
hassl-848	75	35	,	,	PUNCT
hassl-848	75	36	accountability	accountability	NOUN
hassl-848	75	37	,	,	PUNCT
hassl-848	75	38	good	good	ADJ
hassl-848	75	39	code	code	NOUN
hassl-848	75	40	of	of	ADP
hassl-848	75	41	conduct	conduct	NOUN
hassl-848	75	42	in	in	ADP
hassl-848	75	43	accordance	accordance	NOUN
hassl-848	75	44	with	with	ADP
hassl-848	75	45	welldefined	welldefine	VERB
hassl-848	75	46	set	set	NOUN
hassl-848	75	47	of	of	ADP
hassl-848	75	48	accountabilities	accountability	NOUN
hassl-848	75	49	(	(	PUNCT
hassl-848	75	50	demidenko	demidenko	PROPN
hassl-848	75	51	&	&	CCONJ
hassl-848	75	52	mcnutt	mcnutt	PROPN
hassl-848	75	53	,	,	PUNCT
hassl-848	75	54	2010	2010	NUM
hassl-848	75	55	)	)	PUNCT
hassl-848	75	56	.	.	PUNCT
hassl-848	76	1	moreover	moreover	ADV
hassl-848	76	2	,	,	PUNCT
hassl-848	76	3	good	good	ADJ
hassl-848	76	4	corporate	corporate	ADJ
hassl-848	76	5	governance	governance	NOUN
hassl-848	76	6	is	be	AUX
hassl-848	76	7	a	a	DET
hassl-848	76	8	set	set	NOUN
hassl-848	76	9	of	of	ADP
hassl-848	76	10	mechanism	mechanism	NOUN
hassl-848	76	11	which	which	PRON
hassl-848	76	12	is	be	AUX
hassl-848	76	13	distinct	distinct	ADJ
hassl-848	76	14	between	between	ADP
hassl-848	76	15	firm	firm	NOUN
hassl-848	76	16	and	and	CCONJ
hassl-848	76	17	management	management	NOUN
hassl-848	76	18	(	(	PUNCT
hassl-848	76	19	claessens	claessen	NOUN
hassl-848	76	20	,	,	PUNCT
hassl-848	76	21	2006	2006	NUM
hassl-848	76	22	)	)	PUNCT
hassl-848	76	23	hence	hence	ADV
hassl-848	76	24	,	,	PUNCT
hassl-848	76	25	it	it	PRON
hassl-848	76	26	deals	deal	VERB
hassl-848	76	27	with	with	ADP
hassl-848	76	28	agency	agency	NOUN
hassl-848	76	29	problem	problem	NOUN
hassl-848	76	30	with	with	ADP
hassl-848	76	31	regards	regard	NOUN
hassl-848	76	32	to	to	ADP
hassl-848	76	33	the	the	DET
hassl-848	76	34	separation	separation	NOUN
hassl-848	76	35	of	of	ADP
hassl-848	76	36	ownership	ownership	NOUN
hassl-848	76	37	and	and	CCONJ
hassl-848	76	38	control	control	NOUN
hassl-848	76	39	(	(	PUNCT
hassl-848	76	40	fama	fama	PROPN
hassl-848	76	41	&	&	CCONJ
hassl-848	76	42	jensen	jensen	PROPN
hassl-848	76	43	,	,	PUNCT
hassl-848	76	44	1983	1983	NUM
hassl-848	76	45	)	)	PUNCT
hassl-848	76	46	.	.	PUNCT
hassl-848	77	1	thus	thus	ADV
hassl-848	77	2	,	,	PUNCT
hassl-848	77	3	firms	firm	NOUN
hassl-848	77	4	with	with	ADP
hassl-848	77	5	good	good	ADJ
hassl-848	77	6	governance	governance	NOUN
hassl-848	77	7	should	should	AUX
hassl-848	77	8	enhance	enhance	VERB
hassl-848	77	9	the	the	DET
hassl-848	77	10	shareholders	shareholder	NOUN
hassl-848	77	11	’	’	PART
hassl-848	77	12	wealth	wealth	NOUN
hassl-848	77	13	consistent	consistent	ADJ
hassl-848	77	14	with	with	ADP
hassl-848	77	15	the	the	DET
hassl-848	77	16	economic	economic	ADJ
hassl-848	77	17	performance	performance	NOUN
hassl-848	77	18	and	and	CCONJ
hassl-848	77	19	growth	growth	NOUN
hassl-848	77	20	of	of	ADP
hassl-848	77	21	the	the	DET
hassl-848	77	22	firm	firm	NOUN
hassl-848	77	23	.	.	PUNCT
hassl-848	78	1	the	the	DET
hassl-848	78	2	study	study	NOUN
hassl-848	78	3	by	by	ADP
hassl-848	78	4	alexakis	alexakis	PROPN
hassl-848	78	5	,	,	PUNCT
hassl-848	78	6	balios	balio	NOUN
hassl-848	78	7	,	,	PUNCT
hassl-848	78	8	papagelis	papageli	NOUN
hassl-848	78	9	,	,	PUNCT
hassl-848	78	10	and	and	CCONJ
hassl-848	78	11	xanthakis	xanthakis	PROPN
hassl-848	78	12	(	(	PUNCT
hassl-848	78	13	2006	2006	NUM
hassl-848	78	14	)	)	PUNCT
hassl-848	78	15	examines	examine	VERB
hassl-848	78	16	the	the	DET
hassl-848	78	17	context	context	NOUN
hassl-848	78	18	of	of	ADP
hassl-848	78	19	corporate	corporate	ADJ
hassl-848	78	20	governance	governance	NOUN
hassl-848	78	21	practices	practice	NOUN
hassl-848	78	22	in	in	ADP
hassl-848	78	23	reducing	reduce	VERB
hassl-848	78	24	agency	agency	NOUN
hassl-848	78	25	cost	cost	NOUN
hassl-848	78	26	and	and	CCONJ
hassl-848	78	27	empirical	empirical	ADJ
hassl-848	78	28	relationship	relationship	NOUN
hassl-848	78	29	between	between	ADP
hassl-848	78	30	corporate	corporate	ADJ
hassl-848	78	31	governance	governance	NOUN
hassl-848	78	32	mechanisms	mechanism	NOUN
hassl-848	78	33	and	and	CCONJ
hassl-848	78	34	the	the	DET
hassl-848	78	35	economic	economic	ADJ
hassl-848	78	36	performance	performance	NOUN
hassl-848	78	37	and	and	CCONJ
hassl-848	78	38	growth	growth	NOUN
hassl-848	78	39	of	of	ADP
hassl-848	78	40	the	the	DET
hassl-848	78	41	firms	firm	NOUN
hassl-848	78	42	,	,	PUNCT
hassl-848	78	43	the	the	DET
hassl-848	78	44	cost	cost	NOUN
hassl-848	78	45	of	of	ADP
hassl-848	78	46	equity	equity	NOUN
hassl-848	78	47	capital	capital	NOUN
hassl-848	78	48	,	,	PUNCT
hassl-848	78	49	the	the	DET
hassl-848	78	50	equity	equity	NOUN
hassl-848	78	51	prices	price	NOUN
hassl-848	78	52	and	and	CCONJ
hassl-848	78	53	its	its	PRON
hassl-848	78	54	expected	expect	VERB
hassl-848	78	55	return	return	NOUN
hassl-848	78	56	as	as	ADV
hassl-848	78	57	well	well	ADV
hassl-848	78	58	as	as	ADP
hassl-848	78	59	other	other	ADJ
hassl-848	78	60	performance	performance	NOUN
hassl-848	78	61	measures	measure	NOUN
hassl-848	78	62	of	of	ADP
hassl-848	78	63	those	those	DET
hassl-848	78	64	firms	firm	NOUN
hassl-848	78	65	.	.	PUNCT
hassl-848	79	1	in	in	ADP
hassl-848	79	2	order	order	NOUN
hassl-848	79	3	to	to	PART
hassl-848	79	4	ensure	ensure	VERB
hassl-848	79	5	the	the	DET
hassl-848	79	6	efficiency	efficiency	NOUN
hassl-848	79	7	and	and	CCONJ
hassl-848	79	8	the	the	DET
hassl-848	79	9	effectiveness	effectiveness	NOUN
hassl-848	79	10	of	of	ADP
hassl-848	79	11	growth	growth	NOUN
hassl-848	79	12	constantly	constantly	ADV
hassl-848	79	13	with	with	ADP
hassl-848	79	14	the	the	DET
hassl-848	79	15	economic	economic	ADJ
hassl-848	79	16	performance	performance	NOUN
hassl-848	79	17	,	,	PUNCT
hassl-848	79	18	the	the	DET
hassl-848	79	19	firms	firm	NOUN
hassl-848	79	20	are	be	AUX
hassl-848	79	21	persuaded	persuade	VERB
hassl-848	79	22	to	to	PART
hassl-848	79	23	invest	invest	VERB
hassl-848	79	24	in	in	ADP
hassl-848	79	25	good	good	ADJ
hassl-848	79	26	capital	capital	NOUN
hassl-848	79	27	market	market	NOUN
hassl-848	79	28	that	that	PRON
hassl-848	79	29	provides	provide	VERB
hassl-848	79	30	better	well	ADJ
hassl-848	79	31	return	return	NOUN
hassl-848	79	32	in	in	ADP
hassl-848	79	33	the	the	DET
hassl-848	79	34	future	future	NOUN
hassl-848	79	35	.	.	PUNCT
hassl-848	80	1	in	in	ADP
hassl-848	80	2	malaysia	malaysia	PROPN
hassl-848	80	3	,	,	PUNCT
hassl-848	80	4	there	there	PRON
hassl-848	80	5	is	be	VERB
hassl-848	80	6	humanities	humanity	NOUN
hassl-848	80	7	and	and	CCONJ
hassl-848	80	8	social	social	ADJ
hassl-848	80	9	sciences	science	NOUN
hassl-848	80	10	letters	letter	NOUN
hassl-848	80	11	,	,	PUNCT
hassl-848	80	12	2020	2020	NUM
hassl-848	80	13	,	,	PUNCT
hassl-848	80	14	8(2	8(2	NUM
hassl-848	80	15	):	):	PUNCT
hassl-848	80	16	169	169	NUM
hassl-848	80	17	-	-	SYM
hassl-848	80	18	193	193	NUM
hassl-848	80	19	172	172	NUM
hassl-848	80	20	©	©	PROPN
hassl-848	80	21	2020	2020	NUM
hassl-848	80	22	conscientia	conscientia	PROPN
hassl-848	80	23	beam	beam	PROPN
hassl-848	80	24	.	.	PUNCT
hassl-848	81	1	all	all	DET
hassl-848	81	2	rights	right	NOUN
hassl-848	81	3	reserved	reserve	VERB
hassl-848	81	4	.	.	PUNCT
hassl-848	82	1	the	the	DET
hassl-848	82	2	islamic	islamic	ADJ
hassl-848	82	3	capital	capital	NOUN
hassl-848	82	4	market	market	NOUN
hassl-848	82	5	(	(	PUNCT
hassl-848	82	6	icm	icm	NOUN
hassl-848	82	7	)	)	PUNCT
hassl-848	82	8	which	which	PRON
hassl-848	82	9	carries	carry	VERB
hassl-848	82	10	out	out	ADP
hassl-848	82	11	investment	investment	NOUN
hassl-848	82	12	activities	activity	NOUN
hassl-848	82	13	regulated	regulate	VERB
hassl-848	82	14	along	along	ADP
hassl-848	82	15	with	with	ADP
hassl-848	82	16	the	the	DET
hassl-848	82	17	principles	principle	NOUN
hassl-848	82	18	of	of	ADP
hassl-848	82	19	muslims	muslim	NOUN
hassl-848	82	20	and	and	CCONJ
hassl-848	82	21	the	the	DET
hassl-848	82	22	religion	religion	NOUN
hassl-848	82	23	of	of	ADP
hassl-848	82	24	islam	islam	PROPN
hassl-848	82	25	(	(	PUNCT
hassl-848	82	26	mohd	mohd	PROPN
hassl-848	82	27	-	-	PUNCT
hassl-848	82	28	sanusi	sanusi	PROPN
hassl-848	82	29	et	et	PROPN
hassl-848	82	30	al	al	PROPN
hassl-848	82	31	.	.	PROPN
hassl-848	82	32	,	,	PUNCT
hassl-848	82	33	2015	2015	NUM
hassl-848	82	34	)	)	PUNCT
hassl-848	82	35	.	.	PUNCT
hassl-848	83	1	the	the	DET
hassl-848	83	2	clarity	clarity	NOUN
hassl-848	83	3	of	of	ADP
hassl-848	83	4	investment	investment	NOUN
hassl-848	83	5	and	and	CCONJ
hassl-848	83	6	market	market	NOUN
hassl-848	83	7	return	return	NOUN
hassl-848	83	8	are	be	AUX
hassl-848	83	9	consent	consent	NOUN
hassl-848	83	10	by	by	ADP
hassl-848	83	11	stakeholders	stakeholder	NOUN
hassl-848	83	12	in	in	ADP
hassl-848	83	13	which	which	PRON
hassl-848	83	14	they	they	PRON
hassl-848	83	15	have	have	VERB
hassl-848	83	16	an	an	DET
hassl-848	83	17	interest	interest	NOUN
hassl-848	83	18	on	on	ADP
hassl-848	83	19	conscientiously	conscientiously	ADV
hassl-848	83	20	managed	manage	VERB
hassl-848	83	21	their	their	PRON
hassl-848	83	22	investment	investment	NOUN
hassl-848	83	23	,	,	PUNCT
hassl-848	83	24	with	with	ADP
hassl-848	83	25	a	a	DET
hassl-848	83	26	balance	balance	NOUN
hassl-848	83	27	of	of	ADP
hassl-848	83	28	efficiency	efficiency	NOUN
hassl-848	83	29	and	and	CCONJ
hassl-848	83	30	resiliency	resiliency	NOUN
hassl-848	83	31	(	(	PUNCT
hassl-848	83	32	kimmel	kimmel	PROPN
hassl-848	83	33	&	&	CCONJ
hassl-848	83	34	anderson	anderson	PROPN
hassl-848	83	35	,	,	PUNCT
hassl-848	83	36	2011	2011	NUM
hassl-848	83	37	)	)	PUNCT
hassl-848	83	38	.	.	PUNCT
hassl-848	84	1	icm	icm	NOUN
hassl-848	84	2	provides	provide	VERB
hassl-848	84	3	shariah	shariah	PROPN
hassl-848	84	4	compliance	compliance	NOUN
hassl-848	84	5	securities	security	NOUN
hassl-848	84	6	trades	trade	NOUN
hassl-848	84	7	on	on	ADP
hassl-848	84	8	bursa	bursa	PROPN
hassl-848	84	9	malaysia	malaysia	PROPN
hassl-848	84	10	which	which	PRON
hassl-848	84	11	are	be	AUX
hassl-848	84	12	supervised	supervise	VERB
hassl-848	84	13	by	by	ADP
hassl-848	84	14	shariah	shariah	PROPN
hassl-848	84	15	advisory	advisory	PROPN
hassl-848	84	16	council	council	PROPN
hassl-848	84	17	(	(	PUNCT
hassl-848	84	18	sac	sac	NOUN
hassl-848	84	19	)	)	PUNCT
hassl-848	84	20	of	of	ADP
hassl-848	84	21	the	the	DET
hassl-848	84	22	securities	security	NOUN
hassl-848	84	23	commission	commission	PROPN
hassl-848	84	24	(	(	PUNCT
hassl-848	84	25	sc	sc	PROPN
hassl-848	84	26	)	)	PUNCT
hassl-848	84	27	of	of	ADP
hassl-848	84	28	malaysia	malaysia	PROPN
hassl-848	84	29	.	.	PUNCT
hassl-848	85	1	shariah	shariah	PROPN
hassl-848	85	2	refers	refer	VERB
hassl-848	85	3	to	to	ADP
hassl-848	85	4	the	the	DET
hassl-848	85	5	islamic	islamic	ADJ
hassl-848	85	6	laws	law	NOUN
hassl-848	85	7	that	that	PRON
hassl-848	85	8	are	be	AUX
hassl-848	85	9	derived	derive	VERB
hassl-848	85	10	from	from	ADP
hassl-848	85	11	the	the	DET
hassl-848	85	12	holy	holy	PROPN
hassl-848	85	13	qur'an	qur'an	PROPN
hassl-848	85	14	and	and	CCONJ
hassl-848	85	15	hadith	hadith	NOUN
hassl-848	85	16	through	through	ADP
hassl-848	85	17	prophet	prophet	NOUN
hassl-848	85	18	muhammad	muhammad	PROPN
hassl-848	85	19	(	(	PUNCT
hassl-848	85	20	p.b.u.h	p.b.u.h	PROPN
hassl-848	85	21	)	)	PUNCT
hassl-848	85	22	.	.	PUNCT
hassl-848	86	1	the	the	DET
hassl-848	86	2	islamic	islamic	PROPN
hassl-848	86	3	law	law	PROPN
hassl-848	86	4	has	have	AUX
hassl-848	86	5	clearly	clearly	ADV
hassl-848	86	6	and	and	CCONJ
hassl-848	86	7	strictly	strictly	ADV
hassl-848	86	8	forbidden	forbid	VERB
hassl-848	86	9	any	any	DET
hassl-848	86	10	wrongdoings	wrongdoing	NOUN
hassl-848	86	11	such	such	ADJ
hassl-848	86	12	as	as	ADP
hassl-848	86	13	usury	usury	NOUN
hassl-848	86	14	(	(	PUNCT
hassl-848	86	15	riba	riba	PROPN
hassl-848	86	16	)	)	PUNCT
hassl-848	86	17	,	,	PUNCT
hassl-848	86	18	gambling	gambling	NOUN
hassl-848	86	19	(	(	PUNCT
hassl-848	86	20	mysir	mysir	PROPN
hassl-848	86	21	)	)	PUNCT
hassl-848	86	22	and	and	CCONJ
hassl-848	86	23	uncertainty	uncertainty	NOUN
hassl-848	86	24	(	(	PUNCT
hassl-848	86	25	gharar	gharar	NOUN
hassl-848	86	26	)	)	PUNCT
hassl-848	86	27	as	as	ADV
hassl-848	86	28	well	well	ADV
hassl-848	86	29	as	as	ADP
hassl-848	86	30	the	the	DET
hassl-848	86	31	selling	selling	NOUN
hassl-848	86	32	of	of	ADP
hassl-848	86	33	non	non	ADJ
hassl-848	86	34	-	-	ADJ
hassl-848	86	35	halal	halal	ADJ
hassl-848	86	36	goods	good	NOUN
hassl-848	86	37	to	to	ADP
hassl-848	86	38	muslims	muslims	PROPN
hassl-848	86	39	.	.	PUNCT
hassl-848	87	1	hence	hence	ADV
hassl-848	87	2	,	,	PUNCT
hassl-848	87	3	any	any	DET
hassl-848	87	4	investment	investment	NOUN
hassl-848	87	5	made	make	VERB
hassl-848	87	6	by	by	ADP
hassl-848	87	7	the	the	DET
hassl-848	87	8	company	company	NOUN
hassl-848	87	9	should	should	AUX
hassl-848	87	10	ensure	ensure	VERB
hassl-848	87	11	the	the	DET
hassl-848	87	12	sanctity	sanctity	NOUN
hassl-848	87	13	of	of	ADP
hassl-848	87	14	resources	resource	NOUN
hassl-848	87	15	invested	invest	VERB
hassl-848	87	16	.	.	PUNCT
hassl-848	88	1	in	in	ADP
hassl-848	88	2	malaysia	malaysia	PROPN
hassl-848	88	3	,	,	PUNCT
hassl-848	88	4	ethical	ethical	ADJ
hassl-848	88	5	investments	investment	NOUN
hassl-848	88	6	for	for	ADP
hassl-848	88	7	muslims	muslim	NOUN
hassl-848	88	8	are	be	AUX
hassl-848	88	9	the	the	DET
hassl-848	88	10	investments	investment	NOUN
hassl-848	88	11	in	in	ADP
hassl-848	88	12	economic	economic	ADJ
hassl-848	88	13	products	product	NOUN
hassl-848	88	14	or	or	CCONJ
hassl-848	88	15	services	service	NOUN
hassl-848	88	16	which	which	PRON
hassl-848	88	17	are	be	AUX
hassl-848	88	18	permitted	permit	VERB
hassl-848	88	19	by	by	ADP
hassl-848	88	20	the	the	DET
hassl-848	88	21	shariah	shariah	PROPN
hassl-848	88	22	.	.	PUNCT
hassl-848	89	1	therefore	therefore	ADV
hassl-848	89	2	,	,	PUNCT
hassl-848	89	3	by	by	ADP
hassl-848	89	4	having	have	VERB
hassl-848	89	5	an	an	DET
hassl-848	89	6	ethical	ethical	ADJ
hassl-848	89	7	investment	investment	NOUN
hassl-848	89	8	,	,	PUNCT
hassl-848	89	9	this	this	PRON
hassl-848	89	10	should	should	AUX
hassl-848	89	11	contribute	contribute	VERB
hassl-848	89	12	to	to	ADP
hassl-848	89	13	the	the	DET
hassl-848	89	14	excessive	excessive	ADJ
hassl-848	89	15	expected	expect	VERB
hassl-848	89	16	return	return	NOUN
hassl-848	89	17	,	,	PUNCT
hassl-848	89	18	effect	effect	NOUN
hassl-848	89	19	of	of	ADP
hassl-848	89	20	risk	risk	NOUN
hassl-848	89	21	taking	taking	NOUN
hassl-848	89	22	,	,	PUNCT
hassl-848	89	23	competitive	competitive	ADJ
hassl-848	89	24	environment	environment	NOUN
hassl-848	89	25	and	and	CCONJ
hassl-848	89	26	governance	governance	NOUN
hassl-848	89	27	structure	structure	NOUN
hassl-848	89	28	(	(	PUNCT
hassl-848	89	29	hamza	hamza	PROPN
hassl-848	89	30	,	,	PUNCT
hassl-848	89	31	2016	2016	NUM
hassl-848	89	32	)	)	PUNCT
hassl-848	89	33	.	.	PUNCT
hassl-848	90	1	thus	thus	ADV
hassl-848	90	2	,	,	PUNCT
hassl-848	90	3	the	the	DET
hassl-848	90	4	next	next	ADJ
hassl-848	90	5	section	section	NOUN
hassl-848	90	6	will	will	AUX
hassl-848	90	7	be	be	AUX
hassl-848	90	8	further	far	ADV
hassl-848	90	9	explaining	explain	VERB
hassl-848	90	10	on	on	ADP
hassl-848	90	11	the	the	DET
hassl-848	90	12	corporate	corporate	ADJ
hassl-848	90	13	governance	governance	NOUN
hassl-848	90	14	and	and	CCONJ
hassl-848	90	15	cost	cost	NOUN
hassl-848	90	16	of	of	ADP
hassl-848	90	17	equity	equity	NOUN
hassl-848	90	18	capital	capital	NOUN
hassl-848	90	19	as	as	SCONJ
hassl-848	90	20	proxy	proxy	NOUN
hassl-848	90	21	to	to	PART
hassl-848	90	22	firm	firm	VERB
hassl-848	90	23	risk	risk	NOUN
hassl-848	90	24	taking	taking	NOUN
hassl-848	90	25	.	.	PUNCT
hassl-848	91	1	2.2	2.2	NUM
hassl-848	91	2	.	.	PUNCT
hassl-848	91	3	corporate	corporate	ADJ
hassl-848	91	4	governance	governance	NOUN
hassl-848	91	5	and	and	CCONJ
hassl-848	91	6	cost	cost	NOUN
hassl-848	91	7	of	of	ADP
hassl-848	91	8	equity	equity	NOUN
hassl-848	91	9	capital	capital	NOUN
hassl-848	91	10	most	most	ADJ
hassl-848	91	11	academicians	academician	NOUN
hassl-848	91	12	,	,	PUNCT
hassl-848	91	13	practitioners	practitioner	NOUN
hassl-848	91	14	and	and	CCONJ
hassl-848	91	15	regulators	regulator	NOUN
hassl-848	91	16	have	have	VERB
hassl-848	91	17	their	their	PRON
hassl-848	91	18	own	own	ADJ
hassl-848	91	19	interest	interest	NOUN
hassl-848	91	20	whether	whether	SCONJ
hassl-848	91	21	a	a	DET
hassl-848	91	22	higher	high	ADJ
hassl-848	91	23	quality	quality	NOUN
hassl-848	91	24	of	of	ADP
hassl-848	91	25	corporate	corporate	ADJ
hassl-848	91	26	governance	governance	NOUN
hassl-848	91	27	will	will	AUX
hassl-848	91	28	affect	affect	VERB
hassl-848	91	29	the	the	DET
hassl-848	91	30	firm	firm	NOUN
hassl-848	91	31	’s	’s	PART
hassl-848	91	32	cost	cost	NOUN
hassl-848	91	33	of	of	ADP
hassl-848	91	34	equity	equity	NOUN
hassl-848	91	35	capital	capital	NOUN
hassl-848	91	36	that	that	PRON
hassl-848	91	37	will	will	AUX
hassl-848	91	38	enhance	enhance	VERB
hassl-848	91	39	firm	firm	ADJ
hassl-848	91	40	valuation	valuation	NOUN
hassl-848	91	41	and	and	CCONJ
hassl-848	91	42	shareholders	shareholder	NOUN
hassl-848	91	43	interest	interest	NOUN
hassl-848	91	44	.	.	PUNCT
hassl-848	92	1	generally	generally	ADV
hassl-848	92	2	,	,	PUNCT
hassl-848	92	3	better	well	ADJ
hassl-848	92	4	corporate	corporate	ADJ
hassl-848	92	5	governance	governance	NOUN
hassl-848	92	6	will	will	AUX
hassl-848	92	7	enhance	enhance	VERB
hassl-848	92	8	the	the	DET
hassl-848	92	9	firm	firm	ADJ
hassl-848	92	10	value	value	NOUN
hassl-848	92	11	as	as	ADV
hassl-848	92	12	well	well	ADV
hassl-848	92	13	as	as	ADP
hassl-848	92	14	shareholders	shareholder	NOUN
hassl-848	92	15	interest	interest	NOUN
hassl-848	92	16	through	through	ADP
hassl-848	92	17	its	its	PRON
hassl-848	92	18	effect	effect	NOUN
hassl-848	92	19	on	on	ADP
hassl-848	92	20	cost	cost	NOUN
hassl-848	92	21	of	of	ADP
hassl-848	92	22	capital	capital	NOUN
hassl-848	92	23	(	(	PUNCT
hassl-848	92	24	bozec	bozec	ADJ
hassl-848	92	25	.	.	PUNCT
hassl-848	93	1	&	&	CCONJ
hassl-848	93	2	bozec	bozec	ADJ
hassl-848	93	3	,	,	PUNCT
hassl-848	93	4	2011	2011	NUM
hassl-848	93	5	)	)	PUNCT
hassl-848	93	6	.	.	PUNCT
hassl-848	94	1	recent	recent	ADJ
hassl-848	94	2	theoretical	theoretical	ADJ
hassl-848	94	3	literature	literature	NOUN
hassl-848	94	4	has	have	AUX
hassl-848	94	5	been	be	AUX
hassl-848	94	6	concerning	concern	VERB
hassl-848	94	7	on	on	ADP
hassl-848	94	8	the	the	DET
hassl-848	94	9	relationship	relationship	NOUN
hassl-848	94	10	between	between	ADP
hassl-848	94	11	corporate	corporate	ADJ
hassl-848	94	12	governance	governance	NOUN
hassl-848	94	13	and	and	CCONJ
hassl-848	94	14	cost	cost	NOUN
hassl-848	94	15	of	of	ADP
hassl-848	94	16	equity	equity	NOUN
hassl-848	94	17	capital	capital	NOUN
hassl-848	94	18	.	.	PUNCT
hassl-848	95	1	in	in	ADP
hassl-848	95	2	this	this	DET
hassl-848	95	3	regard	regard	NOUN
hassl-848	95	4	,	,	PUNCT
hassl-848	95	5	reverte	reverte	NOUN
hassl-848	95	6	(	(	PUNCT
hassl-848	95	7	2009	2009	NUM
hassl-848	95	8	)	)	PUNCT
hassl-848	95	9	finds	find	VERB
hassl-848	95	10	that	that	SCONJ
hassl-848	95	11	a	a	DET
hassl-848	95	12	firm	firm	NOUN
hassl-848	95	13	with	with	ADP
hassl-848	95	14	strong	strong	ADJ
hassl-848	95	15	corporate	corporate	ADJ
hassl-848	95	16	governance	governance	NOUN
hassl-848	95	17	will	will	AUX
hassl-848	95	18	enjoy	enjoy	VERB
hassl-848	95	19	lower	low	ADJ
hassl-848	95	20	cost	cost	NOUN
hassl-848	95	21	of	of	ADP
hassl-848	95	22	equity	equity	NOUN
hassl-848	95	23	capital	capital	NOUN
hassl-848	95	24	compared	compare	VERB
hassl-848	95	25	to	to	ADP
hassl-848	95	26	a	a	DET
hassl-848	95	27	firm	firm	NOUN
hassl-848	95	28	with	with	ADP
hassl-848	95	29	weak	weak	ADJ
hassl-848	95	30	corporate	corporate	ADJ
hassl-848	95	31	governance	governance	NOUN
hassl-848	95	32	.	.	PUNCT
hassl-848	96	1	on	on	ADP
hassl-848	96	2	the	the	DET
hassl-848	96	3	other	other	ADJ
hassl-848	96	4	hand	hand	NOUN
hassl-848	96	5	,	,	PUNCT
hassl-848	96	6	a	a	DET
hassl-848	96	7	firm	firm	NOUN
hassl-848	96	8	with	with	ADP
hassl-848	96	9	strong	strong	ADJ
hassl-848	96	10	corporate	corporate	ADJ
hassl-848	96	11	governance	governance	NOUN
hassl-848	96	12	would	would	AUX
hassl-848	96	13	lead	lead	VERB
hassl-848	96	14	to	to	ADP
hassl-848	96	15	greater	great	ADJ
hassl-848	96	16	transparency	transparency	NOUN
hassl-848	96	17	,	,	PUNCT
hassl-848	96	18	less	less	ADV
hassl-848	96	19	misleading	misleading	ADJ
hassl-848	96	20	of	of	ADP
hassl-848	96	21	financial	financial	ADJ
hassl-848	96	22	statement	statement	NOUN
hassl-848	96	23	,	,	PUNCT
hassl-848	96	24	increase	increase	NOUN
hassl-848	96	25	amount	amount	NOUN
hassl-848	96	26	of	of	ADP
hassl-848	96	27	reliable	reliable	ADJ
hassl-848	96	28	information	information	NOUN
hassl-848	96	29	as	as	ADV
hassl-848	96	30	well	well	ADV
hassl-848	96	31	as	as	ADP
hassl-848	96	32	reduce	reduce	VERB
hassl-848	96	33	uncertainty	uncertainty	NOUN
hassl-848	96	34	that	that	PRON
hassl-848	96	35	related	relate	VERB
hassl-848	96	36	to	to	ADP
hassl-848	96	37	firm	firm	ADJ
hassl-848	96	38	risk	risk	NOUN
hassl-848	96	39	(	(	PUNCT
hassl-848	96	40	li	li	PROPN
hassl-848	96	41	,	,	PUNCT
hassl-848	96	42	jahera	jahera	PROPN
hassl-848	96	43	,	,	PUNCT
hassl-848	96	44	&	&	CCONJ
hassl-848	96	45	yost	yost	PROPN
hassl-848	96	46	,	,	PUNCT
hassl-848	96	47	2013	2013	NUM
hassl-848	96	48	)	)	PUNCT
hassl-848	96	49	.	.	PUNCT
hassl-848	97	1	in	in	ADP
hassl-848	97	2	addition	addition	NOUN
hassl-848	97	3	,	,	PUNCT
hassl-848	97	4	mitton	mitton	PROPN
hassl-848	97	5	(	(	PUNCT
hassl-848	97	6	2002	2002	NUM
hassl-848	97	7	)	)	PUNCT
hassl-848	97	8	finds	find	VERB
hassl-848	97	9	that	that	SCONJ
hassl-848	97	10	better	well	ADJ
hassl-848	97	11	firm	firm	ADJ
hassl-848	97	12	-	-	PUNCT
hassl-848	97	13	level	level	NOUN
hassl-848	97	14	governance	governance	NOUN
hassl-848	97	15	would	would	AUX
hassl-848	97	16	result	result	VERB
hassl-848	97	17	in	in	ADP
hassl-848	97	18	better	well	ADJ
hassl-848	97	19	stock	stock	NOUN
hassl-848	97	20	price	price	NOUN
hassl-848	97	21	and	and	CCONJ
hassl-848	97	22	reduce	reduce	VERB
hassl-848	97	23	expropriation	expropriation	NOUN
hassl-848	97	24	of	of	ADP
hassl-848	97	25	firm	firm	ADJ
hassl-848	97	26	risk	risk	NOUN
hassl-848	97	27	.	.	PUNCT
hassl-848	98	1	in	in	ADP
hassl-848	98	2	relation	relation	NOUN
hassl-848	98	3	to	to	ADP
hassl-848	98	4	corporate	corporate	ADJ
hassl-848	98	5	governance	governance	NOUN
hassl-848	98	6	and	and	CCONJ
hassl-848	98	7	firm	firm	ADJ
hassl-848	98	8	risk	risk	NOUN
hassl-848	98	9	,	,	PUNCT
hassl-848	98	10	corporate	corporate	ADJ
hassl-848	98	11	governance	governance	NOUN
hassl-848	98	12	envelops	envelop	VERB
hassl-848	98	13	an	an	DET
hassl-848	98	14	expansive	expansive	ADJ
hassl-848	98	15	range	range	NOUN
hassl-848	98	16	of	of	ADP
hassl-848	98	17	mechanisms	mechanism	NOUN
hassl-848	98	18	to	to	PART
hassl-848	98	19	diminish	diminish	VERB
hassl-848	98	20	agency	agency	NOUN
hassl-848	98	21	problems	problem	NOUN
hassl-848	98	22	by	by	ADP
hassl-848	98	23	restraining	restrain	VERB
hassl-848	98	24	opportunistic	opportunistic	ADJ
hassl-848	98	25	behavior	behavior	NOUN
hassl-848	98	26	by	by	ADP
hassl-848	98	27	managers	manager	NOUN
hassl-848	98	28	,	,	PUNCT
hassl-848	98	29	increasing	increase	VERB
hassl-848	98	30	monitoring	monitoring	NOUN
hassl-848	98	31	of	of	ADP
hassl-848	98	32	managements	management	NOUN
hassl-848	98	33	’	'	PUNCT
hassl-848	98	34	actions	action	NOUN
hassl-848	98	35	as	as	ADV
hassl-848	98	36	well	well	ADV
hassl-848	98	37	as	as	ADP
hassl-848	98	38	reducing	reduce	VERB
hassl-848	98	39	the	the	DET
hassl-848	98	40	information	information	NOUN
hassl-848	98	41	asymmetry	asymmetry	NOUN
hassl-848	98	42	of	of	ADP
hassl-848	98	43	shareholders	shareholder	NOUN
hassl-848	98	44	(	(	PUNCT
hassl-848	98	45	ashbaugh	ashbaugh	ADJ
hassl-848	98	46	,	,	PUNCT
hassl-848	98	47	collins	collins	PROPN
hassl-848	98	48	,	,	PUNCT
hassl-848	98	49	&	&	CCONJ
hassl-848	98	50	lafond	lafond	PROPN
hassl-848	98	51	,	,	PUNCT
hassl-848	98	52	2004	2004	NUM
hassl-848	98	53	)	)	PUNCT
hassl-848	98	54	and	and	CCONJ
hassl-848	98	55	reducing	reduce	VERB
hassl-848	98	56	implied	imply	VERB
hassl-848	98	57	cost	cost	NOUN
hassl-848	98	58	of	of	ADP
hassl-848	98	59	capital	capital	NOUN
hassl-848	98	60	(	(	PUNCT
hassl-848	98	61	byun	byun	PROPN
hassl-848	98	62	,	,	PUNCT
hassl-848	98	63	kwak	kwak	PROPN
hassl-848	98	64	,	,	PUNCT
hassl-848	98	65	&	&	CCONJ
hassl-848	98	66	hwang	hwang	PROPN
hassl-848	98	67	,	,	PUNCT
hassl-848	98	68	2008	2008	NUM
hassl-848	98	69	)	)	PUNCT
hassl-848	98	70	.	.	PUNCT
hassl-848	99	1	it	it	PRON
hassl-848	99	2	means	mean	VERB
hassl-848	99	3	that	that	SCONJ
hassl-848	99	4	the	the	DET
hassl-848	99	5	extent	extent	NOUN
hassl-848	99	6	of	of	ADP
hassl-848	99	7	corporate	corporate	ADJ
hassl-848	99	8	governance	governance	NOUN
hassl-848	99	9	mechanism	mechanism	NOUN
hassl-848	99	10	would	would	AUX
hassl-848	99	11	give	give	VERB
hassl-848	99	12	effect	effect	NOUN
hassl-848	99	13	on	on	ADP
hassl-848	99	14	firm	firm	NOUN
hassl-848	99	15	’s	’s	PART
hassl-848	99	16	cost	cost	NOUN
hassl-848	99	17	of	of	ADP
hassl-848	99	18	equity	equity	NOUN
hassl-848	99	19	capital	capital	NOUN
hassl-848	99	20	.	.	PUNCT
hassl-848	100	1	hence	hence	ADV
hassl-848	100	2	,	,	PUNCT
hassl-848	100	3	the	the	DET
hassl-848	100	4	relationship	relationship	NOUN
hassl-848	100	5	between	between	ADP
hassl-848	100	6	corporate	corporate	ADJ
hassl-848	100	7	governance	governance	NOUN
hassl-848	100	8	and	and	CCONJ
hassl-848	100	9	cost	cost	NOUN
hassl-848	100	10	of	of	ADP
hassl-848	100	11	equity	equity	NOUN
hassl-848	100	12	capital	capital	NOUN
hassl-848	100	13	were	be	AUX
hassl-848	100	14	examine	examine	NOUN
hassl-848	100	15	in	in	ADP
hassl-848	100	16	this	this	DET
hassl-848	100	17	study	study	NOUN
hassl-848	100	18	.	.	PUNCT
hassl-848	101	1	2.3	2.3	NUM
hassl-848	101	2	.	.	PUNCT
hassl-848	102	1	agency	agency	NOUN
hassl-848	102	2	problems	problem	NOUN
hassl-848	102	3	and	and	CCONJ
hassl-848	102	4	corporate	corporate	ADJ
hassl-848	102	5	governance	governance	NOUN
hassl-848	102	6	according	accord	VERB
hassl-848	102	7	to	to	ADP
hassl-848	102	8	jensen	jensen	PROPN
hassl-848	102	9	and	and	CCONJ
hassl-848	102	10	meckling	meckling	NOUN
hassl-848	102	11	(	(	PUNCT
hassl-848	102	12	1976	1976	NUM
hassl-848	102	13	)	)	PUNCT
hassl-848	102	14	,	,	PUNCT
hassl-848	102	15	an	an	DET
hassl-848	102	16	agency	agency	NOUN
hassl-848	102	17	relationship	relationship	NOUN
hassl-848	102	18	is	be	AUX
hassl-848	102	19	defined	define	VERB
hassl-848	102	20	as	as	ADP
hassl-848	102	21	a	a	DET
hassl-848	102	22	contract	contract	NOUN
hassl-848	102	23	between	between	ADP
hassl-848	102	24	principal	principal	NOUN
hassl-848	102	25	and	and	CCONJ
hassl-848	102	26	agent	agent	NOUN
hassl-848	102	27	in	in	ADP
hassl-848	102	28	order	order	NOUN
hassl-848	102	29	to	to	PART
hassl-848	102	30	perform	perform	VERB
hassl-848	102	31	some	some	DET
hassl-848	102	32	services	service	NOUN
hassl-848	102	33	on	on	ADP
hassl-848	102	34	their	their	PRON
hassl-848	102	35	behalf	behalf	NOUN
hassl-848	102	36	.	.	PUNCT
hassl-848	103	1	agency	agency	NOUN
hassl-848	103	2	theory	theory	NOUN
hassl-848	103	3	suggests	suggest	VERB
hassl-848	103	4	that	that	SCONJ
hassl-848	103	5	managers	manager	NOUN
hassl-848	103	6	may	may	AUX
hassl-848	103	7	continue	continue	VERB
hassl-848	103	8	their	their	PRON
hassl-848	103	9	stated	state	VERB
hassl-848	103	10	own	own	ADJ
hassl-848	103	11	goals	goal	NOUN
hassl-848	103	12	rather	rather	ADV
hassl-848	103	13	than	than	ADP
hassl-848	103	14	maximizing	maximize	VERB
hassl-848	103	15	shareholders	shareholder	NOUN
hassl-848	103	16	’	’	PART
hassl-848	103	17	wealth	wealth	NOUN
hassl-848	103	18	unless	unless	SCONJ
hassl-848	103	19	they	they	PRON
hassl-848	103	20	are	be	AUX
hassl-848	103	21	being	be	AUX
hassl-848	103	22	monitored	monitor	VERB
hassl-848	103	23	by	by	ADP
hassl-848	103	24	the	the	DET
hassl-848	103	25	respective	respective	PROPN
hassl-848	103	26	board	board	NOUN
hassl-848	103	27	(	(	PUNCT
hassl-848	103	28	fama	fama	NOUN
hassl-848	103	29	,	,	PUNCT
hassl-848	103	30	1980	1980	NUM
hassl-848	103	31	)	)	PUNCT
hassl-848	103	32	.	.	PUNCT
hassl-848	104	1	jensen	jensen	PROPN
hassl-848	104	2	and	and	CCONJ
hassl-848	104	3	meckling	meckling	NOUN
hassl-848	104	4	(	(	PUNCT
hassl-848	104	5	1976	1976	NUM
hassl-848	104	6	)	)	PUNCT
hassl-848	104	7	has	have	AUX
hassl-848	104	8	also	also	ADV
hassl-848	104	9	stated	state	VERB
hassl-848	104	10	that	that	SCONJ
hassl-848	104	11	the	the	DET
hassl-848	104	12	conflict	conflict	NOUN
hassl-848	104	13	of	of	ADP
hassl-848	104	14	interest	interest	NOUN
hassl-848	104	15	between	between	ADP
hassl-848	104	16	shareholders	shareholder	NOUN
hassl-848	104	17	and	and	CCONJ
hassl-848	104	18	the	the	DET
hassl-848	104	19	ceo	ceo	NOUN
hassl-848	104	20	of	of	ADP
hassl-848	104	21	the	the	DET
hassl-848	104	22	firm	firm	NOUN
hassl-848	104	23	is	be	AUX
hassl-848	104	24	an	an	DET
hassl-848	104	25	example	example	NOUN
hassl-848	104	26	of	of	ADP
hassl-848	104	27	principal	principal	ADJ
hassl-848	104	28	-	-	PUNCT
hassl-848	104	29	agent	agent	NOUN
hassl-848	104	30	problem	problem	NOUN
hassl-848	104	31	.	.	PUNCT
hassl-848	105	1	hence	hence	ADV
hassl-848	105	2	,	,	PUNCT
hassl-848	105	3	agency	agency	NOUN
hassl-848	105	4	theory	theory	NOUN
hassl-848	105	5	suggests	suggest	VERB
hassl-848	105	6	that	that	SCONJ
hassl-848	105	7	providing	provide	VERB
hassl-848	105	8	equity	equity	NOUN
hassl-848	105	9	to	to	ADP
hassl-848	105	10	agents	agent	NOUN
hassl-848	105	11	is	be	AUX
hassl-848	105	12	an	an	DET
hassl-848	105	13	effective	effective	ADJ
hassl-848	105	14	way	way	NOUN
hassl-848	105	15	to	to	PART
hassl-848	105	16	mitigate	mitigate	VERB
hassl-848	105	17	agency	agency	NOUN
hassl-848	105	18	problems	problem	NOUN
hassl-848	105	19	by	by	ADP
hassl-848	105	20	aligning	align	VERB
hassl-848	105	21	the	the	DET
hassl-848	105	22	interests	interest	NOUN
hassl-848	105	23	of	of	ADP
hassl-848	105	24	managers	manager	NOUN
hassl-848	105	25	with	with	ADP
hassl-848	105	26	those	those	PRON
hassl-848	105	27	of	of	ADP
hassl-848	105	28	their	their	PRON
hassl-848	105	29	principals	principal	NOUN
hassl-848	105	30	.	.	PUNCT
hassl-848	106	1	moreover	moreover	ADV
hassl-848	106	2	,	,	PUNCT
hassl-848	106	3	ittner	ittner	NOUN
hassl-848	106	4	and	and	CCONJ
hassl-848	106	5	keusch	keusch	PROPN
hassl-848	106	6	(	(	PUNCT
hassl-848	106	7	2015	2015	NUM
hassl-848	106	8	)	)	PUNCT
hassl-848	106	9	in	in	ADP
hassl-848	106	10	their	their	PRON
hassl-848	106	11	study	study	NOUN
hassl-848	106	12	further	far	ADV
hassl-848	106	13	suggest	suggest	VERB
hassl-848	106	14	that	that	SCONJ
hassl-848	106	15	this	this	DET
hassl-848	106	16	theory	theory	NOUN
hassl-848	106	17	predicts	predict	VERB
hassl-848	106	18	that	that	PRON
hassl-848	106	19	oversight	oversight	NOUN
hassl-848	106	20	risk	risk	NOUN
hassl-848	106	21	by	by	ADP
hassl-848	106	22	the	the	DET
hassl-848	106	23	board	board	NOUN
hassl-848	106	24	which	which	PRON
hassl-848	106	25	can	can	AUX
hassl-848	106	26	benefit	benefit	VERB
hassl-848	106	27	companies	company	NOUN
hassl-848	106	28	’	'	PUNCT
hassl-848	106	29	stakeholders	stakeholder	NOUN
hassl-848	106	30	by	by	ADP
hassl-848	106	31	easing	ease	VERB
hassl-848	106	32	the	the	DET
hassl-848	106	33	risk	risk	NOUN
hassl-848	106	34	-	-	PUNCT
hassl-848	106	35	related	relate	VERB
hassl-848	106	36	agency	agency	NOUN
hassl-848	106	37	conflict	conflict	NOUN
hassl-848	106	38	.	.	PUNCT
hassl-848	107	1	reverte	reverte	NOUN
hassl-848	107	2	(	(	PUNCT
hassl-848	107	3	2009	2009	NUM
hassl-848	107	4	)	)	PUNCT
hassl-848	107	5	has	have	AUX
hassl-848	107	6	concluded	conclude	VERB
hassl-848	107	7	that	that	SCONJ
hassl-848	107	8	corporate	corporate	ADJ
hassl-848	107	9	governance	governance	NOUN
hassl-848	107	10	and	and	CCONJ
hassl-848	107	11	risk	risk	NOUN
hassl-848	107	12	(	(	PUNCT
hassl-848	107	13	cost	cost	NOUN
hassl-848	107	14	of	of	ADP
hassl-848	107	15	equity	equity	NOUN
hassl-848	107	16	capital	capital	NOUN
hassl-848	107	17	as	as	ADP
hassl-848	107	18	a	a	DET
hassl-848	107	19	proxy	proxy	NOUN
hassl-848	107	20	)	)	PUNCT
hassl-848	107	21	is	be	AUX
hassl-848	107	22	regulated	regulate	VERB
hassl-848	107	23	based	base	VERB
hassl-848	107	24	on	on	ADP
hassl-848	107	25	the	the	DET
hassl-848	107	26	theoretical	theoretical	ADJ
hassl-848	107	27	literature	literature	NOUN
hassl-848	107	28	which	which	PRON
hassl-848	107	29	recognizes	recognize	VERB
hassl-848	107	30	and	and	CCONJ
hassl-848	107	31	links	link	NOUN
hassl-848	107	32	with	with	ADP
hassl-848	107	33	specific	specific	ADJ
hassl-848	107	34	elements	element	NOUN
hassl-848	107	35	of	of	ADP
hassl-848	107	36	governance	governance	NOUN
hassl-848	107	37	in	in	ADP
hassl-848	107	38	order	order	NOUN
hassl-848	107	39	to	to	PART
hassl-848	107	40	reduce	reduce	VERB
hassl-848	107	41	in	in	ADP
hassl-848	107	42	agency	agency	NOUN
hassl-848	107	43	problems	problem	NOUN
hassl-848	107	44	.	.	PUNCT
hassl-848	108	1	within	within	ADP
hassl-848	108	2	the	the	DET
hassl-848	108	3	agency	agency	NOUN
hassl-848	108	4	theory	theory	NOUN
hassl-848	108	5	,	,	PUNCT
hassl-848	108	6	a	a	DET
hassl-848	108	7	separation	separation	NOUN
hassl-848	108	8	of	of	ADP
hassl-848	108	9	ownership	ownership	NOUN
hassl-848	108	10	and	and	CCONJ
hassl-848	108	11	control	control	NOUN
hassl-848	108	12	would	would	AUX
hassl-848	108	13	create	create	VERB
hassl-848	108	14	humanities	humanity	NOUN
hassl-848	108	15	and	and	CCONJ
hassl-848	108	16	social	social	ADJ
hassl-848	108	17	sciences	science	NOUN
hassl-848	108	18	letters	letter	NOUN
hassl-848	108	19	,	,	PUNCT
hassl-848	108	20	2020	2020	NUM
hassl-848	108	21	,	,	PUNCT
hassl-848	108	22	8(2	8(2	NUM
hassl-848	108	23	):	):	PUNCT
hassl-848	108	24	169	169	NUM
hassl-848	108	25	-	-	SYM
hassl-848	108	26	193	193	NUM
hassl-848	108	27	173	173	NUM
hassl-848	108	28	©	©	PROPN
hassl-848	108	29	2020	2020	NUM
hassl-848	108	30	conscientia	conscientia	PROPN
hassl-848	108	31	beam	beam	PROPN
hassl-848	108	32	.	.	PUNCT
hassl-848	109	1	all	all	DET
hassl-848	109	2	rights	right	NOUN
hassl-848	109	3	reserved	reserve	VERB
hassl-848	109	4	.	.	PUNCT
hassl-848	110	1	information	information	NOUN
hassl-848	110	2	asymmetry	asymmetry	NOUN
hassl-848	110	3	that	that	PRON
hassl-848	110	4	exposes	expose	VERB
hassl-848	110	5	agency	agency	NOUN
hassl-848	110	6	risk	risk	NOUN
hassl-848	110	7	to	to	ADP
hassl-848	110	8	the	the	DET
hassl-848	110	9	shareholders	shareholder	NOUN
hassl-848	110	10	(	(	PUNCT
hassl-848	110	11	jensen	jensen	PROPN
hassl-848	110	12	&	&	CCONJ
hassl-848	110	13	meckling	meckling	PROPN
hassl-848	110	14	,	,	PUNCT
hassl-848	110	15	1976	1976	NUM
hassl-848	110	16	)	)	PUNCT
hassl-848	110	17	.	.	PUNCT
hassl-848	111	1	in	in	ADP
hassl-848	111	2	this	this	DET
hassl-848	111	3	respect	respect	NOUN
hassl-848	111	4	,	,	PUNCT
hassl-848	111	5	corporate	corporate	ADJ
hassl-848	111	6	governance	governance	NOUN
hassl-848	111	7	symbolizes	symbolize	VERB
hassl-848	111	8	a	a	DET
hassl-848	111	9	set	set	NOUN
hassl-848	111	10	of	of	ADP
hassl-848	111	11	mechanisms	mechanism	NOUN
hassl-848	111	12	that	that	PRON
hassl-848	111	13	is	be	AUX
hassl-848	111	14	anticipated	anticipate	VERB
hassl-848	111	15	to	to	PART
hassl-848	111	16	reduce	reduce	VERB
hassl-848	111	17	agency	agency	NOUN
hassl-848	111	18	risk	risk	NOUN
hassl-848	111	19	that	that	PRON
hassl-848	111	20	arises	arise	VERB
hassl-848	111	21	from	from	ADP
hassl-848	111	22	information	information	NOUN
hassl-848	111	23	asymmetries	asymmetry	NOUN
hassl-848	111	24	.	.	PUNCT
hassl-848	112	1	reverte	reverte	NOUN
hassl-848	112	2	(	(	PUNCT
hassl-848	112	3	2009	2009	NUM
hassl-848	112	4	)	)	PUNCT
hassl-848	112	5	and	and	CCONJ
hassl-848	112	6	byun	byun	NOUN
hassl-848	112	7	et	et	PROPN
hassl-848	112	8	al	al	PROPN
hassl-848	112	9	.	.	PUNCT
hassl-848	112	10	(	(	PUNCT
hassl-848	112	11	2008	2008	NUM
hassl-848	112	12	)	)	PUNCT
hassl-848	112	13	have	have	AUX
hassl-848	112	14	further	far	ADV
hassl-848	112	15	explained	explain	VERB
hassl-848	112	16	that	that	SCONJ
hassl-848	112	17	good	good	ADJ
hassl-848	112	18	governance	governance	NOUN
hassl-848	112	19	mechanism	mechanism	NOUN
hassl-848	112	20	would	would	AUX
hassl-848	112	21	result	result	VERB
hassl-848	112	22	in	in	ADP
hassl-848	112	23	lowering	lower	VERB
hassl-848	112	24	the	the	DET
hassl-848	112	25	cost	cost	NOUN
hassl-848	112	26	of	of	ADP
hassl-848	112	27	equity	equity	NOUN
hassl-848	112	28	.	.	PUNCT
hassl-848	113	1	meanwhile	meanwhile	ADV
hassl-848	113	2	,	,	PUNCT
hassl-848	113	3	weak	weak	ADJ
hassl-848	113	4	governance	governance	NOUN
hassl-848	113	5	represents	represent	VERB
hassl-848	113	6	shareholders	shareholder	NOUN
hassl-848	113	7	with	with	ADP
hassl-848	113	8	a	a	DET
hassl-848	113	9	greater	great	ADJ
hassl-848	113	10	agency	agency	NOUN
hassl-848	113	11	risk	risk	NOUN
hassl-848	113	12	prominent	prominent	ADJ
hassl-848	113	13	to	to	ADP
hassl-848	113	14	a	a	DET
hassl-848	113	15	higher	high	ADJ
hassl-848	113	16	cost	cost	NOUN
hassl-848	113	17	of	of	ADP
hassl-848	113	18	equity	equity	NOUN
hassl-848	113	19	.	.	PUNCT
hassl-848	114	1	in	in	ADP
hassl-848	114	2	light	light	NOUN
hassl-848	114	3	of	of	ADP
hassl-848	114	4	this	this	DET
hassl-848	114	5	study	study	NOUN
hassl-848	114	6	,	,	PUNCT
hassl-848	114	7	good	good	ADJ
hassl-848	114	8	corporate	corporate	ADJ
hassl-848	114	9	governance	governance	NOUN
hassl-848	114	10	practices	practice	NOUN
hassl-848	114	11	can	can	AUX
hassl-848	114	12	reduce	reduce	VERB
hassl-848	114	13	the	the	DET
hassl-848	114	14	cost	cost	NOUN
hassl-848	114	15	of	of	ADP
hassl-848	114	16	equity	equity	NOUN
hassl-848	114	17	capital	capital	NOUN
hassl-848	114	18	through	through	ADP
hassl-848	114	19	a	a	DET
hassl-848	114	20	reduction	reduction	NOUN
hassl-848	114	21	in	in	ADP
hassl-848	114	22	agency	agency	NOUN
hassl-848	114	23	problems	problem	NOUN
hassl-848	114	24	and	and	CCONJ
hassl-848	114	25	information	information	NOUN
hassl-848	114	26	asymmetry	asymmetry	NOUN
hassl-848	114	27	(	(	PUNCT
hassl-848	114	28	byun	byun	NOUN
hassl-848	114	29	et	et	PROPN
hassl-848	114	30	al	al	PROPN
hassl-848	114	31	.	.	PROPN
hassl-848	114	32	,	,	PUNCT
hassl-848	114	33	2008	2008	NUM
hassl-848	114	34	)	)	PUNCT
hassl-848	114	35	.	.	PUNCT
hassl-848	115	1	2.4	2.4	NUM
hassl-848	115	2	.	.	PUNCT
hassl-848	115	3	capital	capital	NOUN
hassl-848	115	4	asset	asset	NOUN
hassl-848	115	5	pricing	pricing	NOUN
hassl-848	115	6	model	model	NOUN
hassl-848	115	7	(	(	PUNCT
hassl-848	115	8	capm	capm	PROPN
hassl-848	115	9	)	)	PUNCT
hassl-848	115	10	the	the	DET
hassl-848	115	11	capital	capital	NOUN
hassl-848	115	12	asset	asset	NOUN
hassl-848	115	13	pricing	pricing	NOUN
hassl-848	115	14	model	model	NOUN
hassl-848	115	15	(	(	PUNCT
hassl-848	115	16	capm	capm	PROPN
hassl-848	115	17	)	)	PUNCT
hassl-848	115	18	model	model	NOUN
hassl-848	115	19	was	be	AUX
hassl-848	115	20	developed	develop	VERB
hassl-848	115	21	by	by	ADP
hassl-848	115	22	sharpe	sharpe	PROPN
hassl-848	115	23	(	(	PUNCT
hassl-848	115	24	1964	1964	NUM
hassl-848	115	25	)	)	PUNCT
hassl-848	115	26	and	and	CCONJ
hassl-848	115	27	lintner	lintner	X
hassl-848	115	28	(	(	PUNCT
hassl-848	115	29	1965	1965	NUM
hassl-848	115	30	)	)	PUNCT
hassl-848	115	31	.	.	PUNCT
hassl-848	116	1	capm	capm	PROPN
hassl-848	116	2	model	model	PROPN
hassl-848	116	3	shows	show	VERB
hassl-848	116	4	the	the	DET
hassl-848	116	5	trade	trade	NOUN
hassl-848	116	6	-	-	PUNCT
hassl-848	116	7	off	off	NOUN
hassl-848	116	8	between	between	ADP
hassl-848	116	9	risk	risk	NOUN
hassl-848	116	10	and	and	CCONJ
hassl-848	116	11	return	return	VERB
hassl-848	116	12	by	by	ADP
hassl-848	116	13	relating	relate	VERB
hassl-848	116	14	the	the	DET
hassl-848	116	15	risk	risk	NOUN
hassl-848	116	16	and	and	CCONJ
hassl-848	116	17	expected	expect	VERB
hassl-848	116	18	returns	return	NOUN
hassl-848	116	19	of	of	ADP
hassl-848	116	20	listed	list	VERB
hassl-848	116	21	firms	firm	NOUN
hassl-848	116	22	to	to	ADP
hassl-848	116	23	the	the	DET
hassl-848	116	24	market	market	NOUN
hassl-848	116	25	.	.	PUNCT
hassl-848	117	1	capm	capm	PROPN
hassl-848	117	2	is	be	AUX
hassl-848	117	3	often	often	ADV
hassl-848	117	4	used	use	VERB
hassl-848	117	5	to	to	PART
hassl-848	117	6	estimate	estimate	VERB
hassl-848	117	7	the	the	DET
hassl-848	117	8	market	market	NOUN
hassl-848	117	9	risk	risk	NOUN
hassl-848	117	10	or	or	CCONJ
hassl-848	117	11	systematic	systematic	ADJ
hassl-848	117	12	risk	risk	NOUN
hassl-848	117	13	of	of	ADP
hassl-848	117	14	a	a	DET
hassl-848	117	15	firm	firm	NOUN
hassl-848	117	16	(	(	PUNCT
hassl-848	117	17	amihud	amihud	PROPN
hassl-848	117	18	&	&	CCONJ
hassl-848	117	19	mendelson	mendelson	PROPN
hassl-848	117	20	,	,	PUNCT
hassl-848	117	21	1989	1989	NUM
hassl-848	117	22	;	;	PUNCT
hassl-848	117	23	lintner	lintner	NOUN
hassl-848	117	24	,	,	PUNCT
hassl-848	117	25	1965	1965	NUM
hassl-848	117	26	;	;	PUNCT
hassl-848	117	27	sharpe	sharpe	PROPN
hassl-848	117	28	,	,	PUNCT
hassl-848	117	29	1964	1964	NUM
hassl-848	117	30	)	)	PUNCT
hassl-848	117	31	.	.	PUNCT
hassl-848	118	1	capm	capm	PROPN
hassl-848	118	2	predicts	predict	VERB
hassl-848	118	3	that	that	SCONJ
hassl-848	118	4	the	the	DET
hassl-848	118	5	cost	cost	NOUN
hassl-848	118	6	of	of	ADP
hassl-848	118	7	equity	equity	NOUN
hassl-848	118	8	is	be	AUX
hassl-848	118	9	positively	positively	ADV
hassl-848	118	10	associated	associate	VERB
hassl-848	118	11	with	with	ADP
hassl-848	118	12	the	the	DET
hassl-848	118	13	market	market	NOUN
hassl-848	118	14	beta	beta	NOUN
hassl-848	118	15	(	(	PUNCT
hassl-848	118	16	chen	chen	PROPN
hassl-848	118	17	,	,	PUNCT
hassl-848	118	18	chen	chen	PROPN
hassl-848	118	19	,	,	PUNCT
hassl-848	118	20	&	&	CCONJ
hassl-848	118	21	wei	wei	PROPN
hassl-848	118	22	,	,	PUNCT
hassl-848	118	23	2009	2009	NUM
hassl-848	118	24	)	)	PUNCT
hassl-848	118	25	.	.	PUNCT
hassl-848	119	1	beta	beta	NOUN
hassl-848	119	2	is	be	AUX
hassl-848	119	3	the	the	DET
hassl-848	119	4	market	market	NOUN
hassl-848	119	5	risk	risk	NOUN
hassl-848	119	6	measurement	measurement	NOUN
hassl-848	119	7	and	and	CCONJ
hassl-848	119	8	can	can	AUX
hassl-848	119	9	be	be	AUX
hassl-848	119	10	defined	define	VERB
hassl-848	119	11	as	as	ADP
hassl-848	119	12	the	the	DET
hassl-848	119	13	“	"	PUNCT
hassl-848	119	14	extent	extent	NOUN
hassl-848	119	15	to	to	PART
hassl-848	119	16	which	which	PRON
hassl-848	119	17	stock	stock	NOUN
hassl-848	119	18	return	return	NOUN
hassl-848	119	19	for	for	ADP
hassl-848	119	20	company	company	NOUN
hassl-848	119	21	,	,	PUNCT
hassl-848	119	22	including	include	VERB
hassl-848	119	23	dividends	dividend	NOUN
hassl-848	119	24	and	and	CCONJ
hassl-848	119	25	capital	capital	NOUN
hassl-848	119	26	gains	gain	NOUN
hassl-848	119	27	/	/	SYM
hassl-848	119	28	losses	loss	NOUN
hassl-848	119	29	,	,	PUNCT
hassl-848	119	30	vary	vary	VERB
hassl-848	119	31	with	with	ADP
hassl-848	119	32	the	the	DET
hassl-848	119	33	return	return	NOUN
hassl-848	119	34	in	in	ADP
hassl-848	119	35	the	the	DET
hassl-848	119	36	broader	broad	ADJ
hassl-848	119	37	financial	financial	ADJ
hassl-848	119	38	market	market	NOUN
hassl-848	119	39	”	"	PUNCT
hassl-848	119	40	(	(	PUNCT
hassl-848	119	41	elmoatasem	elmoatasem	PROPN
hassl-848	119	42	abdelghany	abdelghany	PROPN
hassl-848	119	43	,	,	PUNCT
hassl-848	119	44	2005	2005	NUM
hassl-848	119	45	)	)	PUNCT
hassl-848	119	46	.	.	PUNCT
hassl-848	120	1	on	on	ADP
hassl-848	120	2	the	the	DET
hassl-848	120	3	other	other	ADJ
hassl-848	120	4	hand	hand	NOUN
hassl-848	120	5	,	,	PUNCT
hassl-848	120	6	beta	beta	ADJ
hassl-848	120	7	measure	measure	NOUN
hassl-848	120	8	is	be	AUX
hassl-848	120	9	useful	useful	ADJ
hassl-848	120	10	tool	tool	NOUN
hassl-848	120	11	in	in	ADP
hassl-848	120	12	financial	financial	ADJ
hassl-848	120	13	analysis	analysis	NOUN
hassl-848	120	14	and	and	CCONJ
hassl-848	120	15	becomes	become	VERB
hassl-848	120	16	an	an	DET
hassl-848	120	17	essential	essential	ADJ
hassl-848	120	18	measure	measure	NOUN
hassl-848	120	19	in	in	ADP
hassl-848	120	20	determining	determine	VERB
hassl-848	120	21	firm	firm	ADJ
hassl-848	120	22	risk	risk	NOUN
hassl-848	120	23	and	and	CCONJ
hassl-848	120	24	comparing	compare	VERB
hassl-848	120	25	market	market	NOUN
hassl-848	120	26	risk	risk	NOUN
hassl-848	120	27	between	between	ADP
hassl-848	120	28	firms	firm	NOUN
hassl-848	120	29	.	.	PUNCT
hassl-848	121	1	da	da	ADJ
hassl-848	121	2	,	,	PUNCT
hassl-848	121	3	guo	guo	PROPN
hassl-848	121	4	,	,	PUNCT
hassl-848	121	5	and	and	CCONJ
hassl-848	121	6	jagannathan	jagannathan	PROPN
hassl-848	121	7	(	(	PUNCT
hassl-848	121	8	2012	2012	NUM
hassl-848	121	9	)	)	PUNCT
hassl-848	121	10	provide	provide	VERB
hassl-848	121	11	empirical	empirical	ADJ
hassl-848	121	12	evidence	evidence	NOUN
hassl-848	121	13	in	in	ADP
hassl-848	121	14	supporting	support	VERB
hassl-848	121	15	the	the	DET
hassl-848	121	16	use	use	NOUN
hassl-848	121	17	of	of	ADP
hassl-848	121	18	the	the	DET
hassl-848	121	19	capm	capm	NOUN
hassl-848	121	20	for	for	ADP
hassl-848	121	21	calculating	calculate	VERB
hassl-848	121	22	the	the	DET
hassl-848	121	23	cost	cost	NOUN
hassl-848	121	24	of	of	ADP
hassl-848	121	25	equity	equity	NOUN
hassl-848	121	26	capital	capital	NOUN
hassl-848	121	27	represents	represent	VERB
hassl-848	121	28	the	the	DET
hassl-848	121	29	firm	firm	NOUN
hassl-848	121	30	’s	’s	PART
hassl-848	121	31	risk	risk	NOUN
hassl-848	121	32	.	.	PUNCT
hassl-848	122	1	the	the	DET
hassl-848	122	2	rational	rational	ADJ
hassl-848	122	3	of	of	ADP
hassl-848	122	4	using	use	VERB
hassl-848	122	5	capm	capm	PROPN
hassl-848	122	6	would	would	AUX
hassl-848	122	7	add	add	VERB
hassl-848	122	8	economic	economic	ADJ
hassl-848	122	9	insights	insight	NOUN
hassl-848	122	10	on	on	ADP
hassl-848	122	11	a	a	DET
hassl-848	122	12	higher	high	ADJ
hassl-848	122	13	expected	expect	VERB
hassl-848	122	14	return	return	NOUN
hassl-848	122	15	and	and	CCONJ
hassl-848	122	16	growth	growth	NOUN
hassl-848	122	17	return	return	NOUN
hassl-848	122	18	.	.	PUNCT
hassl-848	123	1	capm	capm	PROPN
hassl-848	123	2	also	also	ADV
hassl-848	123	3	offers	offer	VERB
hassl-848	123	4	a	a	DET
hassl-848	123	5	powerful	powerful	ADJ
hassl-848	123	6	prediction	prediction	NOUN
hassl-848	123	7	on	on	ADP
hassl-848	123	8	how	how	SCONJ
hassl-848	123	9	to	to	PART
hassl-848	123	10	measure	measure	VERB
hassl-848	123	11	risk	risk	NOUN
hassl-848	123	12	and	and	CCONJ
hassl-848	123	13	explain	explain	VERB
hassl-848	123	14	the	the	DET
hassl-848	123	15	relation	relation	NOUN
hassl-848	123	16	between	between	ADP
hassl-848	123	17	expected	expect	VERB
hassl-848	123	18	return	return	NOUN
hassl-848	123	19	and	and	CCONJ
hassl-848	123	20	firm	firm	NOUN
hassl-848	123	21	’s	’s	PART
hassl-848	123	22	risk	risk	NOUN
hassl-848	123	23	(	(	PUNCT
hassl-848	123	24	fama	fama	PROPN
hassl-848	123	25	.	.	PUNCT
hassl-848	124	1	&	&	CCONJ
hassl-848	125	1	french	french	PROPN
hassl-848	125	2	,	,	PUNCT
hassl-848	125	3	2004	2004	NUM
hassl-848	125	4	)	)	PUNCT
hassl-848	125	5	.	.	PUNCT
hassl-848	126	1	in	in	ADP
hassl-848	126	2	respect	respect	NOUN
hassl-848	126	3	with	with	ADP
hassl-848	126	4	this	this	DET
hassl-848	126	5	study	study	NOUN
hassl-848	126	6	,	,	PUNCT
hassl-848	126	7	capm	capm	PROPN
hassl-848	126	8	method	method	NOUN
hassl-848	126	9	is	be	AUX
hassl-848	126	10	used	use	VERB
hassl-848	126	11	in	in	ADP
hassl-848	126	12	order	order	NOUN
hassl-848	126	13	to	to	PART
hassl-848	126	14	calculate	calculate	VERB
hassl-848	126	15	cost	cost	NOUN
hassl-848	126	16	of	of	ADP
hassl-848	126	17	equity	equity	NOUN
hassl-848	126	18	capital	capital	NOUN
hassl-848	126	19	as	as	ADP
hassl-848	126	20	a	a	DET
hassl-848	126	21	measurement	measurement	NOUN
hassl-848	126	22	of	of	ADP
hassl-848	126	23	firm	firm	NOUN
hassl-848	126	24	’s	’s	PART
hassl-848	126	25	risk	risk	NOUN
hassl-848	126	26	.	.	PUNCT
hassl-848	127	1	3	3	X
hassl-848	127	2	.	.	X
hassl-848	127	3	development	development	NOUN
hassl-848	127	4	of	of	ADP
hassl-848	127	5	hypotheses	hypothesis	NOUN
hassl-848	127	6	corporate	corporate	ADJ
hassl-848	127	7	governance	governance	NOUN
hassl-848	127	8	mechanisms	mechanism	NOUN
hassl-848	127	9	would	would	AUX
hassl-848	127	10	enhance	enhance	VERB
hassl-848	127	11	equity	equity	NOUN
hassl-848	127	12	,	,	PUNCT
hassl-848	127	13	increase	increase	VERB
hassl-848	127	14	transparency	transparency	NOUN
hassl-848	127	15	and	and	CCONJ
hassl-848	127	16	firm	firm	NOUN
hassl-848	127	17	’s	’s	PART
hassl-848	127	18	performance	performance	NOUN
hassl-848	127	19	to	to	ADP
hassl-848	127	20	the	the	DET
hassl-848	127	21	stakeholders	stakeholder	NOUN
hassl-848	127	22	(	(	PUNCT
hassl-848	127	23	shil	shil	NOUN
hassl-848	127	24	,	,	PUNCT
hassl-848	127	25	2008	2008	NUM
hassl-848	127	26	)	)	PUNCT
hassl-848	127	27	.	.	PUNCT
hassl-848	128	1	it	it	PRON
hassl-848	128	2	also	also	ADV
hassl-848	128	3	leads	lead	VERB
hassl-848	128	4	to	to	ADP
hassl-848	128	5	legally	legally	ADV
hassl-848	128	6	maximizing	maximize	VERB
hassl-848	128	7	the	the	DET
hassl-848	128	8	value	value	NOUN
hassl-848	128	9	of	of	ADP
hassl-848	128	10	the	the	DET
hassl-848	128	11	shareholders	shareholder	NOUN
hassl-848	128	12	,	,	PUNCT
hassl-848	128	13	conduct	conduct	VERB
hassl-848	128	14	ethically	ethically	ADV
hassl-848	128	15	with	with	ADP
hassl-848	128	16	sustainable	sustainable	ADJ
hassl-848	128	17	basis	basis	NOUN
hassl-848	128	18	(	(	PUNCT
hassl-848	128	19	norwani	norwani	PROPN
hassl-848	128	20	,	,	PUNCT
hassl-848	128	21	zam	zam	PROPN
hassl-848	128	22	,	,	PUNCT
hassl-848	128	23	&	&	CCONJ
hassl-848	128	24	chek	chek	PROPN
hassl-848	128	25	,	,	PUNCT
hassl-848	128	26	2011	2011	NUM
hassl-848	128	27	)	)	PUNCT
hassl-848	128	28	.	.	PUNCT
hassl-848	129	1	good	good	ADJ
hassl-848	129	2	corporate	corporate	ADJ
hassl-848	129	3	governance	governance	NOUN
hassl-848	129	4	also	also	ADV
hassl-848	129	5	boost	boost	VERB
hassl-848	129	6	the	the	DET
hassl-848	129	7	firm	firm	ADJ
hassl-848	129	8	value	value	NOUN
hassl-848	129	9	as	as	ADV
hassl-848	129	10	well	well	ADV
hassl-848	129	11	as	as	ADP
hassl-848	129	12	shareholders	shareholder	NOUN
hassl-848	129	13	’	’	PART
hassl-848	129	14	interest	interest	NOUN
hassl-848	129	15	through	through	ADP
hassl-848	129	16	its	its	PRON
hassl-848	129	17	effect	effect	NOUN
hassl-848	129	18	on	on	ADP
hassl-848	129	19	cost	cost	NOUN
hassl-848	129	20	of	of	ADP
hassl-848	129	21	capital	capital	NOUN
hassl-848	129	22	(	(	PUNCT
hassl-848	129	23	bozec	bozec	ADJ
hassl-848	129	24	.	.	PUNCT
hassl-848	130	1	&	&	CCONJ
hassl-848	130	2	bozec	bozec	ADJ
hassl-848	130	3	,	,	PUNCT
hassl-848	130	4	2011	2011	NUM
hassl-848	130	5	)	)	PUNCT
hassl-848	130	6	.	.	PUNCT
hassl-848	131	1	with	with	ADP
hassl-848	131	2	this	this	DET
hassl-848	131	3	regard	regard	NOUN
hassl-848	131	4	,	,	PUNCT
hassl-848	131	5	reverte	reverte	NOUN
hassl-848	131	6	(	(	PUNCT
hassl-848	131	7	2009	2009	NUM
hassl-848	131	8	)	)	PUNCT
hassl-848	131	9	discloses	disclose	VERB
hassl-848	131	10	that	that	DET
hassl-848	131	11	firm	firm	NOUN
hassl-848	131	12	with	with	ADP
hassl-848	131	13	strong	strong	ADJ
hassl-848	131	14	corporate	corporate	ADJ
hassl-848	131	15	governance	governance	NOUN
hassl-848	131	16	will	will	AUX
hassl-848	131	17	enjoy	enjoy	VERB
hassl-848	131	18	lower	low	ADJ
hassl-848	131	19	cost	cost	NOUN
hassl-848	131	20	of	of	ADP
hassl-848	131	21	equity	equity	NOUN
hassl-848	131	22	capital	capital	NOUN
hassl-848	131	23	compared	compare	VERB
hassl-848	131	24	to	to	PART
hassl-848	131	25	firm	firm	VERB
hassl-848	131	26	with	with	ADP
hassl-848	131	27	weak	weak	ADJ
hassl-848	131	28	corporate	corporate	ADJ
hassl-848	131	29	governance	governance	NOUN
hassl-848	131	30	.	.	PUNCT
hassl-848	132	1	on	on	ADP
hassl-848	132	2	the	the	DET
hassl-848	132	3	other	other	ADJ
hassl-848	132	4	hand	hand	NOUN
hassl-848	132	5	,	,	PUNCT
hassl-848	132	6	li	li	PROPN
hassl-848	132	7	et	et	PROPN
hassl-848	132	8	al	al	PROPN
hassl-848	132	9	.	.	PROPN
hassl-848	133	1	(	(	PUNCT
hassl-848	133	2	2013	2013	NUM
hassl-848	133	3	)	)	PUNCT
hassl-848	133	4	also	also	ADV
hassl-848	133	5	assume	assume	VERB
hassl-848	133	6	that	that	SCONJ
hassl-848	133	7	a	a	DET
hassl-848	133	8	firm	firm	NOUN
hassl-848	133	9	with	with	ADP
hassl-848	133	10	strong	strong	ADJ
hassl-848	133	11	corporate	corporate	ADJ
hassl-848	133	12	governance	governance	NOUN
hassl-848	133	13	would	would	AUX
hassl-848	133	14	lead	lead	VERB
hassl-848	133	15	to	to	ADP
hassl-848	133	16	greater	great	ADJ
hassl-848	133	17	transparency	transparency	NOUN
hassl-848	133	18	,	,	PUNCT
hassl-848	133	19	less	less	ADV
hassl-848	133	20	misleading	misleading	ADJ
hassl-848	133	21	of	of	ADP
hassl-848	133	22	financial	financial	ADJ
hassl-848	133	23	statement	statement	NOUN
hassl-848	133	24	,	,	PUNCT
hassl-848	133	25	increase	increase	NOUN
hassl-848	133	26	amount	amount	NOUN
hassl-848	133	27	of	of	ADP
hassl-848	133	28	reliable	reliable	ADJ
hassl-848	133	29	information	information	NOUN
hassl-848	133	30	as	as	ADV
hassl-848	133	31	well	well	ADV
hassl-848	133	32	as	as	ADP
hassl-848	133	33	reducing	reduce	VERB
hassl-848	133	34	uncertainties	uncertainty	NOUN
hassl-848	133	35	that	that	PRON
hassl-848	133	36	are	be	AUX
hassl-848	133	37	related	relate	VERB
hassl-848	133	38	to	to	ADP
hassl-848	133	39	firm	firm	ADJ
hassl-848	133	40	risk	risk	NOUN
hassl-848	133	41	.	.	PUNCT
hassl-848	134	1	in	in	ADP
hassl-848	134	2	addition	addition	NOUN
hassl-848	134	3	,	,	PUNCT
hassl-848	134	4	mitton	mitton	PROPN
hassl-848	134	5	(	(	PUNCT
hassl-848	134	6	2002	2002	NUM
hassl-848	134	7	)	)	PUNCT
hassl-848	134	8	finds	find	VERB
hassl-848	134	9	that	that	SCONJ
hassl-848	134	10	better	well	ADJ
hassl-848	134	11	firm	firm	ADJ
hassl-848	134	12	-	-	PUNCT
hassl-848	134	13	level	level	NOUN
hassl-848	134	14	governance	governance	NOUN
hassl-848	134	15	would	would	AUX
hassl-848	134	16	result	result	VERB
hassl-848	134	17	in	in	ADP
hassl-848	134	18	better	well	ADJ
hassl-848	134	19	stock	stock	NOUN
hassl-848	134	20	price	price	NOUN
hassl-848	134	21	and	and	CCONJ
hassl-848	134	22	reduce	reduce	VERB
hassl-848	134	23	expropriation	expropriation	NOUN
hassl-848	134	24	of	of	ADP
hassl-848	134	25	firm	firm	ADJ
hassl-848	134	26	risk	risk	NOUN
hassl-848	134	27	.	.	PUNCT
hassl-848	135	1	hence	hence	ADV
hassl-848	135	2	,	,	PUNCT
hassl-848	135	3	from	from	ADP
hassl-848	135	4	the	the	DET
hassl-848	135	5	literatures	literature	NOUN
hassl-848	135	6	,	,	PUNCT
hassl-848	135	7	it	it	PRON
hassl-848	135	8	is	be	AUX
hassl-848	135	9	clear	clear	ADJ
hassl-848	135	10	that	that	SCONJ
hassl-848	135	11	good	good	ADJ
hassl-848	135	12	corporate	corporate	ADJ
hassl-848	135	13	governance	governance	NOUN
hassl-848	135	14	will	will	AUX
hassl-848	135	15	affect	affect	VERB
hassl-848	135	16	the	the	DET
hassl-848	135	17	cost	cost	NOUN
hassl-848	135	18	of	of	ADP
hassl-848	135	19	equity	equity	NOUN
hassl-848	135	20	capital	capital	NOUN
hassl-848	135	21	.	.	PUNCT
hassl-848	136	1	3.1	3.1	NUM
hassl-848	136	2	.	.	PUNCT
hassl-848	137	1	board	board	NOUN
hassl-848	137	2	independence	independence	NOUN
hassl-848	137	3	previous	previous	ADJ
hassl-848	137	4	literatures	literature	NOUN
hassl-848	137	5	have	have	AUX
hassl-848	137	6	made	make	VERB
hassl-848	137	7	an	an	DET
hassl-848	137	8	argument	argument	NOUN
hassl-848	137	9	on	on	ADP
hassl-848	137	10	the	the	DET
hassl-848	137	11	proportions	proportion	NOUN
hassl-848	137	12	of	of	ADP
hassl-848	137	13	independent	independent	ADJ
hassl-848	137	14	directors	director	NOUN
hassl-848	137	15	associated	associate	VERB
hassl-848	137	16	with	with	ADP
hassl-848	137	17	firm	firm	ADJ
hassl-848	137	18	risk	risk	NOUN
hassl-848	137	19	.	.	PUNCT
hassl-848	138	1	ashbaugh	ashbaugh	NOUN
hassl-848	138	2	-	-	PUNCT
hassl-848	138	3	skaife	skaife	NOUN
hassl-848	138	4	,	,	PUNCT
hassl-848	138	5	collins	collins	PROPN
hassl-848	138	6	,	,	PUNCT
hassl-848	138	7	kinney	kinney	PROPN
hassl-848	138	8	,	,	PUNCT
hassl-848	138	9	and	and	CCONJ
hassl-848	138	10	lafond	lafond	NOUN
hassl-848	138	11	(	(	PUNCT
hassl-848	138	12	2009	2009	NUM
hassl-848	138	13	)	)	PUNCT
hassl-848	138	14	show	show	VERB
hassl-848	138	15	a	a	DET
hassl-848	138	16	negative	negative	ADJ
hassl-848	138	17	relationship	relationship	NOUN
hassl-848	138	18	between	between	ADP
hassl-848	138	19	board	board	NOUN
hassl-848	138	20	independence	independence	NOUN
hassl-848	138	21	and	and	CCONJ
hassl-848	138	22	unsystematic	unsystematic	ADJ
hassl-848	138	23	risk	risk	NOUN
hassl-848	138	24	,	,	PUNCT
hassl-848	138	25	beta	beta	NOUN
hassl-848	138	26	and	and	CCONJ
hassl-848	138	27	cost	cost	NOUN
hassl-848	138	28	of	of	ADP
hassl-848	138	29	equity	equity	NOUN
hassl-848	138	30	.	.	PUNCT
hassl-848	139	1	the	the	DET
hassl-848	139	2	result	result	NOUN
hassl-848	139	3	is	be	AUX
hassl-848	139	4	consistent	consistent	ADJ
hassl-848	139	5	with	with	ADP
hassl-848	139	6	nodeh	nodeh	NOUN
hassl-848	139	7	,	,	PUNCT
hassl-848	139	8	anuar	anuar	PROPN
hassl-848	139	9	,	,	PUNCT
hassl-848	139	10	ramakrishnan	ramakrishnan	PROPN
hassl-848	139	11	,	,	PUNCT
hassl-848	139	12	rafatnia	rafatnia	NOUN
hassl-848	139	13	,	,	PUNCT
hassl-848	139	14	and	and	CCONJ
hassl-848	139	15	nodeh	nodeh	NOUN
hassl-848	139	16	(	(	PUNCT
hassl-848	139	17	2015	2015	NUM
hassl-848	139	18	)	)	PUNCT
hassl-848	139	19	whereby	whereby	SCONJ
hassl-848	139	20	in	in	ADP
hassl-848	139	21	their	their	PRON
hassl-848	139	22	study	study	NOUN
hassl-848	139	23	they	they	PRON
hassl-848	139	24	have	have	AUX
hassl-848	139	25	investigated	investigate	VERB
hassl-848	139	26	the	the	DET
hassl-848	139	27	relationship	relationship	NOUN
hassl-848	139	28	between	between	ADP
hassl-848	139	29	board	board	NOUN
hassl-848	139	30	independence	independence	NOUN
hassl-848	139	31	,	,	PUNCT
hassl-848	139	32	board	board	NOUN
hassl-848	139	33	size	size	NOUN
hassl-848	139	34	and	and	CCONJ
hassl-848	139	35	concentrated	concentrated	ADJ
hassl-848	139	36	ownership	ownership	NOUN
hassl-848	139	37	as	as	ADP
hassl-848	139	38	board	board	NOUN
hassl-848	139	39	structure	structure	NOUN
hassl-848	139	40	determinants	determinant	NOUN
hassl-848	139	41	with	with	ADP
hassl-848	139	42	level	level	NOUN
hassl-848	139	43	of	of	ADP
hassl-848	139	44	risk	risk	NOUN
hassl-848	139	45	taking	take	VERB
hassl-848	139	46	by	by	ADP
hassl-848	139	47	using	use	VERB
hassl-848	139	48	ordinary	ordinary	ADJ
hassl-848	139	49	least	least	ADJ
hassl-848	139	50	square	square	ADJ
hassl-848	139	51	(	(	PUNCT
hassl-848	139	52	ols	ol	NOUN
hassl-848	139	53	)	)	PUNCT
hassl-848	139	54	.	.	PUNCT
hassl-848	140	1	the	the	DET
hassl-848	140	2	result	result	NOUN
hassl-848	140	3	illustrates	illustrate	VERB
hassl-848	140	4	a	a	DET
hassl-848	140	5	negative	negative	ADJ
hassl-848	140	6	relationship	relationship	NOUN
hassl-848	140	7	between	between	ADP
hassl-848	140	8	board	board	NOUN
hassl-848	140	9	independence	independence	NOUN
hassl-848	140	10	and	and	CCONJ
hassl-848	140	11	firm	firm	NOUN
hassl-848	140	12	’s	’s	PART
hassl-848	140	13	risk	risk	NOUN
hassl-848	140	14	.	.	PUNCT
hassl-848	141	1	in	in	ADP
hassl-848	141	2	relation	relation	NOUN
hassl-848	141	3	to	to	PART
hassl-848	141	4	board	board	VERB
hassl-848	141	5	independence	independence	NOUN
hassl-848	141	6	and	and	CCONJ
hassl-848	141	7	risk	risk	NOUN
hassl-848	141	8	taking	taking	NOUN
hassl-848	141	9	,	,	PUNCT
hassl-848	141	10	minton	minton	PROPN
hassl-848	141	11	,	,	PUNCT
hassl-848	141	12	taillard	taillard	NOUN
hassl-848	141	13	,	,	PUNCT
hassl-848	141	14	and	and	CCONJ
hassl-848	141	15	williamson	williamson	PROPN
hassl-848	141	16	(	(	PUNCT
hassl-848	141	17	2012	2012	NUM
hassl-848	141	18	)	)	PUNCT
hassl-848	141	19	in	in	ADP
hassl-848	141	20	their	their	PRON
hassl-848	141	21	study	study	NOUN
hassl-848	141	22	has	have	AUX
hassl-848	141	23	concluded	conclude	VERB
hassl-848	141	24	that	that	SCONJ
hassl-848	141	25	independent	independent	ADJ
hassl-848	141	26	directors	director	NOUN
hassl-848	141	27	with	with	ADP
hassl-848	141	28	financial	financial	ADJ
hassl-848	141	29	capability	capability	NOUN
hassl-848	141	30	would	would	AUX
hassl-848	141	31	increase	increase	VERB
hassl-848	141	32	risk	risk	NOUN
hassl-848	141	33	-	-	PUNCT
hassl-848	141	34	taking	taking	NOUN
hassl-848	141	35	in	in	ADP
hassl-848	141	36	the	the	DET
hassl-848	141	37	firm	firm	NOUN
hassl-848	141	38	and	and	CCONJ
hassl-848	141	39	tempt	tempt	VERB
hassl-848	141	40	to	to	ADP
hassl-848	141	41	humanities	humanity	NOUN
hassl-848	141	42	and	and	CCONJ
hassl-848	141	43	social	social	ADJ
hassl-848	141	44	sciences	science	NOUN
hassl-848	141	45	letters	letter	NOUN
hassl-848	141	46	,	,	PUNCT
hassl-848	141	47	2020	2020	NUM
hassl-848	141	48	,	,	PUNCT
hassl-848	141	49	8(2	8(2	NUM
hassl-848	141	50	):	):	PUNCT
hassl-848	141	51	169	169	NUM
hassl-848	141	52	-	-	SYM
hassl-848	141	53	193	193	NUM
hassl-848	141	54	174	174	NUM
hassl-848	141	55	©	©	PROPN
hassl-848	141	56	2020	2020	NUM
hassl-848	141	57	conscientia	conscientia	PROPN
hassl-848	141	58	beam	beam	PROPN
hassl-848	141	59	.	.	PUNCT
hassl-848	142	1	all	all	DET
hassl-848	142	2	rights	right	NOUN
hassl-848	142	3	reserved	reserve	VERB
hassl-848	142	4	.	.	PUNCT
hassl-848	143	1	enhance	enhance	VERB
hassl-848	143	2	stock	stock	NOUN
hassl-848	143	3	return	return	NOUN
hassl-848	143	4	volatility	volatility	NOUN
hassl-848	143	5	level	level	NOUN
hassl-848	143	6	(	(	PUNCT
hassl-848	143	7	cheng	cheng	PROPN
hassl-848	143	8	,	,	PUNCT
hassl-848	143	9	cheok	cheok	PROPN
hassl-848	143	10	,	,	PUNCT
hassl-848	143	11	&	&	CCONJ
hassl-848	143	12	rasiah	rasiah	PROPN
hassl-848	143	13	,	,	PUNCT
hassl-848	143	14	2016	2016	NUM
hassl-848	143	15	)	)	PUNCT
hassl-848	143	16	.	.	PUNCT
hassl-848	144	1	moreover	moreover	ADV
hassl-848	144	2	,	,	PUNCT
hassl-848	144	3	mcnulty	mcnulty	PROPN
hassl-848	144	4	,	,	PUNCT
hassl-848	144	5	florackis	floracki	NOUN
hassl-848	144	6	,	,	PUNCT
hassl-848	144	7	and	and	CCONJ
hassl-848	144	8	ormrod	ormrod	NOUN
hassl-848	144	9	(	(	PUNCT
hassl-848	144	10	2012	2012	NUM
hassl-848	144	11	)	)	PUNCT
hassl-848	144	12	find	find	VERB
hassl-848	144	13	that	that	SCONJ
hassl-848	144	14	the	the	DET
hassl-848	144	15	higher	high	ADJ
hassl-848	144	16	proportions	proportion	NOUN
hassl-848	144	17	of	of	ADP
hassl-848	144	18	non	non	ADJ
hassl-848	144	19	-	-	ADJ
hassl-848	144	20	executive	executive	ADJ
hassl-848	144	21	directors	director	NOUN
hassl-848	144	22	in	in	ADP
hassl-848	144	23	the	the	DET
hassl-848	144	24	board	board	NOUN
hassl-848	144	25	are	be	AUX
hassl-848	144	26	not	not	PART
hassl-848	144	27	found	find	VERB
hassl-848	144	28	to	to	PART
hassl-848	144	29	have	have	VERB
hassl-848	144	30	any	any	DET
hassl-848	144	31	major	major	ADJ
hassl-848	144	32	effects	effect	NOUN
hassl-848	144	33	on	on	ADP
hassl-848	144	34	corporate	corporate	ADJ
hassl-848	144	35	risk	risk	NOUN
hassl-848	144	36	.	.	PUNCT
hassl-848	145	1	lotfi	lotfi	PROPN
hassl-848	145	2	and	and	CCONJ
hassl-848	145	3	malgharni	malgharni	PROPN
hassl-848	145	4	(	(	PUNCT
hassl-848	145	5	2013	2013	NUM
hassl-848	145	6	)	)	PUNCT
hassl-848	145	7	also	also	ADV
hassl-848	145	8	produce	produce	VERB
hassl-848	145	9	similar	similar	ADJ
hassl-848	145	10	result	result	NOUN
hassl-848	145	11	to	to	ADP
hassl-848	145	12	mcnulty	mcnulty	PROPN
hassl-848	145	13	et	et	PROPN
hassl-848	145	14	al	al	PROPN
hassl-848	145	15	.	.	PROPN
hassl-848	146	1	(	(	PUNCT
hassl-848	146	2	2012	2012	NUM
hassl-848	146	3	)	)	PUNCT
hassl-848	146	4	in	in	ADP
hassl-848	146	5	which	which	PRON
hassl-848	146	6	no	no	DET
hassl-848	146	7	significant	significant	ADJ
hassl-848	146	8	correlation	correlation	NOUN
hassl-848	146	9	between	between	ADP
hassl-848	146	10	the	the	DET
hassl-848	146	11	independence	independence	NOUN
hassl-848	146	12	of	of	ADP
hassl-848	146	13	the	the	DET
hassl-848	146	14	board	board	NOUN
hassl-848	146	15	of	of	ADP
hassl-848	146	16	directors	director	NOUN
hassl-848	146	17	and	and	CCONJ
hassl-848	146	18	risk	risk	NOUN
hassl-848	146	19	-	-	PUNCT
hassl-848	146	20	taking	taking	NOUN
hassl-848	146	21	.	.	PUNCT
hassl-848	147	1	on	on	ADP
hassl-848	147	2	the	the	DET
hassl-848	147	3	other	other	ADJ
hassl-848	147	4	hand	hand	NOUN
hassl-848	147	5	,	,	PUNCT
hassl-848	147	6	ni	ni	PROPN
hassl-848	147	7	and	and	CCONJ
hassl-848	147	8	purda	purda	PROPN
hassl-848	147	9	(	(	PUNCT
hassl-848	147	10	2012	2012	NUM
hassl-848	147	11	)	)	PUNCT
hassl-848	147	12	in	in	ADP
hassl-848	147	13	their	their	PRON
hassl-848	147	14	study	study	NOUN
hassl-848	147	15	concluded	conclude	VERB
hassl-848	147	16	that	that	SCONJ
hassl-848	147	17	greater	great	ADJ
hassl-848	147	18	board	board	NOUN
hassl-848	147	19	independence	independence	NOUN
hassl-848	147	20	in	in	ADP
hassl-848	147	21	the	the	DET
hassl-848	147	22	board	board	NOUN
hassl-848	147	23	would	would	AUX
hassl-848	147	24	result	result	VERB
hassl-848	147	25	in	in	ADP
hassl-848	147	26	lower	low	ADJ
hassl-848	147	27	degree	degree	NOUN
hassl-848	147	28	of	of	ADP
hassl-848	147	29	operating	operate	VERB
hassl-848	147	30	risk	risk	NOUN
hassl-848	147	31	.	.	PUNCT
hassl-848	148	1	bradley	bradley	PROPN
hassl-848	148	2	and	and	CCONJ
hassl-848	148	3	chen	chen	PROPN
hassl-848	148	4	(	(	PUNCT
hassl-848	148	5	2015	2015	NUM
hassl-848	148	6	)	)	PUNCT
hassl-848	148	7	suggested	suggest	VERB
hassl-848	148	8	that	that	SCONJ
hassl-848	148	9	cost	cost	NOUN
hassl-848	148	10	of	of	ADP
hassl-848	148	11	debt	debt	NOUN
hassl-848	148	12	would	would	AUX
hassl-848	148	13	be	be	AUX
hassl-848	148	14	decrease	decrease	VERB
hassl-848	148	15	accordingly	accordingly	ADV
hassl-848	148	16	in	in	ADP
hassl-848	148	17	increasing	increase	VERB
hassl-848	148	18	board	board	NOUN
hassl-848	148	19	independence	independence	NOUN
hassl-848	148	20	considering	consider	VERB
hassl-848	148	21	when	when	SCONJ
hassl-848	148	22	level	level	NOUN
hassl-848	148	23	of	of	ADP
hassl-848	148	24	operating	operate	VERB
hassl-848	148	25	leverage	leverage	NOUN
hassl-848	148	26	is	be	AUX
hassl-848	148	27	low	low	ADJ
hassl-848	148	28	.	.	PUNCT
hassl-848	149	1	with	with	ADP
hassl-848	149	2	regards	regard	NOUN
hassl-848	149	3	to	to	ADP
hassl-848	149	4	the	the	DET
hassl-848	149	5	previous	previous	ADJ
hassl-848	149	6	empirical	empirical	ADJ
hassl-848	149	7	findings	finding	NOUN
hassl-848	149	8	,	,	PUNCT
hassl-848	149	9	it	it	PRON
hassl-848	149	10	is	be	AUX
hassl-848	149	11	suggested	suggest	VERB
hassl-848	149	12	that	that	SCONJ
hassl-848	149	13	board	board	NOUN
hassl-848	149	14	of	of	ADP
hassl-848	149	15	directors	director	NOUN
hassl-848	149	16	should	should	AUX
hassl-848	149	17	be	be	AUX
hassl-848	149	18	structured	structure	VERB
hassl-848	149	19	as	as	ADP
hassl-848	149	20	more	more	ADV
hassl-848	149	21	independent	independent	ADJ
hassl-848	149	22	figures	figure	NOUN
hassl-848	149	23	to	to	PART
hassl-848	149	24	ensure	ensure	VERB
hassl-848	149	25	the	the	DET
hassl-848	149	26	degree	degree	NOUN
hassl-848	149	27	of	of	ADP
hassl-848	149	28	effectiveness	effectiveness	NOUN
hassl-848	149	29	in	in	ADP
hassl-848	149	30	monitoring	monitoring	NOUN
hassl-848	149	31	and	and	CCONJ
hassl-848	149	32	promoting	promote	VERB
hassl-848	149	33	transparency	transparency	NOUN
hassl-848	149	34	in	in	ADP
hassl-848	149	35	their	their	PRON
hassl-848	149	36	functions	function	NOUN
hassl-848	149	37	.	.	PUNCT
hassl-848	150	1	this	this	PRON
hassl-848	150	2	would	would	AUX
hassl-848	150	3	consequently	consequently	ADV
hassl-848	150	4	ensure	ensure	VERB
hassl-848	150	5	the	the	DET
hassl-848	150	6	firm	firm	ADJ
hassl-848	150	7	performance	performance	NOUN
hassl-848	150	8	could	could	AUX
hassl-848	150	9	be	be	AUX
hassl-848	150	10	improved	improve	VERB
hassl-848	150	11	and	and	CCONJ
hassl-848	150	12	firm	firm	ADJ
hassl-848	150	13	risk	risk	NOUN
hassl-848	150	14	could	could	AUX
hassl-848	150	15	be	be	AUX
hassl-848	150	16	reduced	reduce	VERB
hassl-848	150	17	.	.	PUNCT
hassl-848	151	1	hence	hence	ADV
hassl-848	151	2	,	,	PUNCT
hassl-848	151	3	the	the	DET
hassl-848	151	4	first	first	ADJ
hassl-848	151	5	hypothesis	hypothesis	NOUN
hassl-848	151	6	is	be	AUX
hassl-848	151	7	developed	develop	VERB
hassl-848	151	8	based	base	VERB
hassl-848	151	9	on	on	ADP
hassl-848	151	10	the	the	DET
hassl-848	151	11	findings	finding	NOUN
hassl-848	151	12	from	from	ADP
hassl-848	151	13	prior	prior	ADJ
hassl-848	151	14	literatures	literature	NOUN
hassl-848	151	15	.	.	PUNCT
hassl-848	152	1	h1	h1	PROPN
hassl-848	152	2	:	:	PUNCT
hassl-848	152	3	there	there	PRON
hassl-848	152	4	is	be	VERB
hassl-848	152	5	a	a	DET
hassl-848	152	6	negative	negative	ADJ
hassl-848	152	7	relationship	relationship	NOUN
hassl-848	152	8	between	between	ADP
hassl-848	152	9	the	the	DET
hassl-848	152	10	proportion	proportion	NOUN
hassl-848	152	11	of	of	ADP
hassl-848	152	12	board	board	NOUN
hassl-848	152	13	independence	independence	NOUN
hassl-848	152	14	and	and	CCONJ
hassl-848	152	15	firm	firm	ADJ
hassl-848	152	16	risk	risk	NOUN
hassl-848	152	17	.	.	PUNCT
hassl-848	153	1	3.2	3.2	NUM
hassl-848	153	2	.	.	PUNCT
hassl-848	153	3	board	board	NOUN
hassl-848	153	4	size	size	NOUN
hassl-848	153	5	board	board	NOUN
hassl-848	153	6	size	size	NOUN
hassl-848	153	7	has	have	AUX
hassl-848	153	8	been	be	AUX
hassl-848	153	9	discussed	discuss	VERB
hassl-848	153	10	as	as	ADP
hassl-848	153	11	affecting	affect	VERB
hassl-848	153	12	board	board	NOUN
hassl-848	153	13	monitoring	monitoring	NOUN
hassl-848	153	14	ability	ability	NOUN
hassl-848	153	15	to	to	ADP
hassl-848	153	16	the	the	DET
hassl-848	153	17	board	board	NOUN
hassl-848	153	18	.	.	PUNCT
hassl-848	154	1	the	the	DET
hassl-848	154	2	previous	previous	ADJ
hassl-848	154	3	literatures	literature	NOUN
hassl-848	154	4	demonstrate	demonstrate	VERB
hassl-848	154	5	that	that	SCONJ
hassl-848	154	6	larger	large	ADJ
hassl-848	154	7	board	board	NOUN
hassl-848	154	8	size	size	NOUN
hassl-848	154	9	is	be	AUX
hassl-848	154	10	denied	deny	VERB
hassl-848	154	11	to	to	PART
hassl-848	154	12	have	have	VERB
hassl-848	154	13	the	the	DET
hassl-848	154	14	ability	ability	NOUN
hassl-848	154	15	to	to	PART
hassl-848	154	16	monitor	monitor	VERB
hassl-848	154	17	the	the	DET
hassl-848	154	18	top	top	ADJ
hassl-848	154	19	management	management	NOUN
hassl-848	154	20	’s	’s	PART
hassl-848	154	21	behavior	behavior	NOUN
hassl-848	154	22	since	since	SCONJ
hassl-848	154	23	larger	large	ADJ
hassl-848	154	24	board	board	NOUN
hassl-848	154	25	size	size	NOUN
hassl-848	154	26	requires	require	VERB
hassl-848	154	27	more	more	ADJ
hassl-848	154	28	difficulties	difficulty	NOUN
hassl-848	154	29	for	for	SCONJ
hassl-848	154	30	the	the	DET
hassl-848	154	31	ceo	ceo	NOUN
hassl-848	154	32	to	to	PART
hassl-848	154	33	dominate	dominate	VERB
hassl-848	154	34	and	and	CCONJ
hassl-848	154	35	control	control	VERB
hassl-848	154	36	the	the	DET
hassl-848	154	37	board	board	NOUN
hassl-848	154	38	(	(	PUNCT
hassl-848	154	39	cheng	cheng	PROPN
hassl-848	154	40	..	..	PUNCT
hassl-848	154	41	2008	2008	NUM
hassl-848	154	42	)	)	PUNCT
hassl-848	154	43	and	and	CCONJ
hassl-848	154	44	cheng	cheng	PROPN
hassl-848	154	45	et	et	PROPN
hassl-848	154	46	al	al	PROPN
hassl-848	154	47	.	.	PROPN
hassl-848	155	1	(	(	PUNCT
hassl-848	155	2	2016	2016	NUM
hassl-848	155	3	)	)	PUNCT
hassl-848	155	4	.	.	PUNCT
hassl-848	156	1	in	in	ADP
hassl-848	156	2	a	a	DET
hassl-848	156	3	similar	similar	ADJ
hassl-848	156	4	vein	vein	NOUN
hassl-848	156	5	,	,	PUNCT
hassl-848	156	6	singh	singh	PROPN
hassl-848	156	7	and	and	CCONJ
hassl-848	156	8	harianto	harianto	PROPN
hassl-848	156	9	(	(	PUNCT
hassl-848	156	10	1989	1989	NUM
hassl-848	156	11	)	)	PUNCT
hassl-848	156	12	suggest	suggest	VERB
hassl-848	156	13	that	that	SCONJ
hassl-848	156	14	a	a	DET
hassl-848	156	15	larger	large	ADJ
hassl-848	156	16	board	board	NOUN
hassl-848	156	17	size	size	NOUN
hassl-848	156	18	would	would	AUX
hassl-848	156	19	find	find	VERB
hassl-848	156	20	it	it	PRON
hassl-848	156	21	difficult	difficult	ADJ
hassl-848	156	22	to	to	PART
hassl-848	156	23	perform	perform	VERB
hassl-848	156	24	well	well	ADV
hassl-848	156	25	and	and	CCONJ
hassl-848	156	26	their	their	PRON
hassl-848	156	27	decision	decision	NOUN
hassl-848	156	28	would	would	AUX
hassl-848	156	29	harm	harm	VERB
hassl-848	156	30	shareholders	shareholder	NOUN
hassl-848	156	31	’	'	PUNCT
hassl-848	156	32	interests	interest	NOUN
hassl-848	156	33	.	.	PUNCT
hassl-848	157	1	in	in	ADP
hassl-848	157	2	addition	addition	NOUN
hassl-848	157	3	to	to	ADP
hassl-848	157	4	these	these	PRON
hassl-848	157	5	,	,	PUNCT
hassl-848	157	6	there	there	PRON
hassl-848	157	7	are	be	VERB
hassl-848	157	8	disadvantages	disadvantage	NOUN
hassl-848	157	9	as	as	ADP
hassl-848	157	10	regard	regard	NOUN
hassl-848	157	11	to	to	ADP
hassl-848	157	12	larger	large	ADJ
hassl-848	157	13	board	board	NOUN
hassl-848	157	14	size	size	NOUN
hassl-848	157	15	in	in	ADP
hassl-848	157	16	which	which	PRON
hassl-848	157	17	it	it	PRON
hassl-848	157	18	will	will	AUX
hassl-848	157	19	decrease	decrease	VERB
hassl-848	157	20	the	the	DET
hassl-848	157	21	ability	ability	NOUN
hassl-848	157	22	to	to	PART
hassl-848	157	23	control	control	VERB
hassl-848	157	24	and	and	CCONJ
hassl-848	157	25	monitor	monitor	VERB
hassl-848	157	26	managements	management	NOUN
hassl-848	157	27	’	'	PUNCT
hassl-848	157	28	behavior	behavior	NOUN
hassl-848	157	29	(	(	PUNCT
hassl-848	157	30	shijun	shijun	PROPN
hassl-848	157	31	,	,	PUNCT
hassl-848	157	32	evans	evans	PROPN
hassl-848	157	33	,	,	PUNCT
hassl-848	157	34	&	&	CCONJ
hassl-848	157	35	nagarajan	nagarajan	PROPN
hassl-848	157	36	,	,	PUNCT
hassl-848	157	37	2008	2008	NUM
hassl-848	157	38	)	)	PUNCT
hassl-848	157	39	and	and	CCONJ
hassl-848	157	40	tendency	tendency	NOUN
hassl-848	157	41	to	to	PART
hassl-848	157	42	make	make	VERB
hassl-848	157	43	irrelevant	irrelevant	ADJ
hassl-848	157	44	decision	decision	NOUN
hassl-848	157	45	(	(	PUNCT
hassl-848	157	46	vafeas	vafea	NOUN
hassl-848	157	47	,	,	PUNCT
hassl-848	157	48	1999	1999	NUM
hassl-848	157	49	)	)	PUNCT
hassl-848	157	50	.	.	PUNCT
hassl-848	158	1	moreover	moreover	ADV
hassl-848	158	2	,	,	PUNCT
hassl-848	158	3	a	a	DET
hassl-848	158	4	large	large	ADJ
hassl-848	158	5	board	board	NOUN
hassl-848	158	6	size	size	NOUN
hassl-848	158	7	is	be	AUX
hassl-848	158	8	would	would	AUX
hassl-848	158	9	contribute	contribute	VERB
hassl-848	158	10	to	to	ADP
hassl-848	158	11	directors	director	NOUN
hassl-848	158	12	to	to	PART
hassl-848	158	13	spread	spread	VERB
hassl-848	158	14	around	around	ADP
hassl-848	158	15	the	the	DET
hassl-848	158	16	responsibility	responsibility	NOUN
hassl-848	158	17	and	and	CCONJ
hassl-848	158	18	have	have	VERB
hassl-848	158	19	greater	great	ADJ
hassl-848	158	20	tendency	tendency	NOUN
hassl-848	158	21	to	to	PART
hassl-848	158	22	distribute	distribute	VERB
hassl-848	158	23	over	over	ADP
hassl-848	158	24	workload	workload	NOUN
hassl-848	158	25	which	which	PRON
hassl-848	158	26	is	be	AUX
hassl-848	158	27	less	less	ADV
hassl-848	158	28	monitoring	monitoring	NOUN
hassl-848	158	29	and	and	CCONJ
hassl-848	158	30	less	less	ADJ
hassl-848	158	31	controlling	control	VERB
hassl-848	158	32	over	over	ADP
hassl-848	158	33	them	they	PRON
hassl-848	158	34	(	(	PUNCT
hassl-848	158	35	anderson	anderson	PROPN
hassl-848	158	36	,	,	PUNCT
hassl-848	158	37	mansi	mansi	PROPN
hassl-848	158	38	,	,	PUNCT
hassl-848	158	39	&	&	CCONJ
hassl-848	158	40	reeb	reeb	PROPN
hassl-848	158	41	,	,	PUNCT
hassl-848	158	42	2004	2004	NUM
hassl-848	158	43	)	)	PUNCT
hassl-848	158	44	.	.	PUNCT
hassl-848	159	1	likewise	likewise	ADV
hassl-848	159	2	,	,	PUNCT
hassl-848	159	3	lipton	lipton	PROPN
hassl-848	159	4	and	and	CCONJ
hassl-848	159	5	lorsch	lorsch	PROPN
hassl-848	159	6	(	(	PUNCT
hassl-848	159	7	1992	1992	NUM
hassl-848	159	8	)	)	PUNCT
hassl-848	159	9	;	;	PUNCT
hassl-848	160	1	jensen	jensen	PROPN
hassl-848	160	2	.	.	PROPN
hassl-848	161	1	(	(	PUNCT
hassl-848	161	2	1993	1993	NUM
hassl-848	161	3	)	)	PUNCT
hassl-848	161	4	agree	agree	VERB
hassl-848	161	5	that	that	SCONJ
hassl-848	161	6	large	large	ADJ
hassl-848	161	7	board	board	NOUN
hassl-848	161	8	is	be	AUX
hassl-848	161	9	generally	generally	ADV
hassl-848	161	10	less	less	ADV
hassl-848	161	11	effective	effective	ADJ
hassl-848	161	12	and	and	CCONJ
hassl-848	161	13	less	less	ADV
hassl-848	161	14	efficient	efficient	ADJ
hassl-848	161	15	compared	compare	VERB
hassl-848	161	16	to	to	ADP
hassl-848	161	17	small	small	ADJ
hassl-848	161	18	one	one	NUM
hassl-848	161	19	.	.	PUNCT
hassl-848	162	1	this	this	PRON
hassl-848	162	2	is	be	AUX
hassl-848	162	3	because	because	SCONJ
hassl-848	162	4	;	;	PUNCT
hassl-848	162	5	large	large	ADJ
hassl-848	162	6	board	board	NOUN
hassl-848	162	7	would	would	AUX
hassl-848	162	8	severely	severely	ADV
hassl-848	162	9	deter	deter	VERB
hassl-848	162	10	the	the	DET
hassl-848	162	11	ability	ability	NOUN
hassl-848	162	12	of	of	ADP
hassl-848	162	13	talented	talented	ADJ
hassl-848	162	14	board	board	NOUN
hassl-848	162	15	members	member	NOUN
hassl-848	162	16	to	to	PART
hassl-848	162	17	contribute	contribute	VERB
hassl-848	162	18	effectively	effectively	ADV
hassl-848	162	19	and	and	CCONJ
hassl-848	162	20	efficiently	efficiently	ADV
hassl-848	162	21	to	to	ADP
hassl-848	162	22	the	the	DET
hassl-848	162	23	monitoring	monitoring	NOUN
hassl-848	162	24	and	and	CCONJ
hassl-848	162	25	evaluation	evaluation	NOUN
hassl-848	162	26	(	(	PUNCT
hassl-848	162	27	jensen	jensen	PROPN
hassl-848	162	28	.	.	PROPN
hassl-848	162	29	,	,	PUNCT
hassl-848	162	30	1993	1993	NUM
hassl-848	162	31	)	)	PUNCT
hassl-848	162	32	.	.	PUNCT
hassl-848	163	1	moreover	moreover	ADV
hassl-848	163	2	,	,	PUNCT
hassl-848	163	3	shijun	shijun	PROPN
hassl-848	163	4	et	et	PROPN
hassl-848	163	5	al	al	PROPN
hassl-848	163	6	.	.	PUNCT
hassl-848	163	7	(	(	PUNCT
hassl-848	163	8	2008	2008	NUM
hassl-848	163	9	)	)	PUNCT
hassl-848	163	10	also	also	ADV
hassl-848	163	11	claim	claim	VERB
hassl-848	163	12	that	that	SCONJ
hassl-848	163	13	a	a	DET
hassl-848	163	14	large	large	ADJ
hassl-848	163	15	board	board	NOUN
hassl-848	163	16	will	will	AUX
hassl-848	163	17	contribute	contribute	VERB
hassl-848	163	18	to	to	ADP
hassl-848	163	19	the	the	DET
hassl-848	163	20	increasing	increasing	NOUN
hassl-848	163	21	of	of	ADP
hassl-848	163	22	problems	problem	NOUN
hassl-848	163	23	inside	inside	ADP
hassl-848	163	24	the	the	DET
hassl-848	163	25	company	company	NOUN
hassl-848	163	26	.	.	PUNCT
hassl-848	164	1	therefore	therefore	ADV
hassl-848	164	2	,	,	PUNCT
hassl-848	164	3	a	a	DET
hassl-848	164	4	small	small	ADJ
hassl-848	164	5	board	board	NOUN
hassl-848	164	6	size	size	NOUN
hassl-848	164	7	is	be	AUX
hassl-848	164	8	highly	highly	ADV
hassl-848	164	9	believed	believe	VERB
hassl-848	164	10	to	to	PART
hassl-848	164	11	be	be	AUX
hassl-848	164	12	more	more	ADV
hassl-848	164	13	effective	effective	ADJ
hassl-848	164	14	compared	compare	VERB
hassl-848	164	15	to	to	ADP
hassl-848	164	16	the	the	DET
hassl-848	164	17	large	large	ADJ
hassl-848	164	18	board	board	NOUN
hassl-848	164	19	size	size	NOUN
hassl-848	164	20	.	.	PUNCT
hassl-848	165	1	raheja	raheja	PROPN
hassl-848	165	2	(	(	PUNCT
hassl-848	165	3	2005	2005	NUM
hassl-848	165	4	)	)	PUNCT
hassl-848	165	5	concludes	conclude	VERB
hassl-848	165	6	that	that	SCONJ
hassl-848	165	7	a	a	DET
hassl-848	165	8	small	small	ADJ
hassl-848	165	9	group	group	NOUN
hassl-848	165	10	of	of	ADP
hassl-848	165	11	board	board	NOUN
hassl-848	165	12	size	size	NOUN
hassl-848	165	13	may	may	AUX
hassl-848	165	14	have	have	VERB
hassl-848	165	15	the	the	DET
hassl-848	165	16	advantage	advantage	NOUN
hassl-848	165	17	of	of	ADP
hassl-848	165	18	lower	low	ADJ
hassl-848	165	19	coordination	coordination	NOUN
hassl-848	165	20	costs	cost	NOUN
hassl-848	165	21	and	and	CCONJ
hassl-848	165	22	avoiding	avoid	VERB
hassl-848	165	23	free	free	ADJ
hassl-848	165	24	riding	ride	VERB
hassl-848	165	25	members	member	NOUN
hassl-848	165	26	.	.	PUNCT
hassl-848	166	1	similarly	similarly	ADV
hassl-848	166	2	,	,	PUNCT
hassl-848	166	3	lau	lau	PROPN
hassl-848	166	4	,	,	PUNCT
hassl-848	166	5	sinnadurai	sinnadurai	NOUN
hassl-848	166	6	,	,	PUNCT
hassl-848	166	7	and	and	CCONJ
hassl-848	166	8	wright	wright	PROPN
hassl-848	166	9	(	(	PUNCT
hassl-848	166	10	2009	2009	NUM
hassl-848	166	11	)	)	PUNCT
hassl-848	166	12	claim	claim	VERB
hassl-848	166	13	that	that	SCONJ
hassl-848	166	14	small	small	ADJ
hassl-848	166	15	board	board	NOUN
hassl-848	166	16	will	will	AUX
hassl-848	166	17	be	be	AUX
hassl-848	166	18	more	more	ADV
hassl-848	166	19	efficient	efficient	ADJ
hassl-848	166	20	and	and	CCONJ
hassl-848	166	21	effective	effective	ADJ
hassl-848	166	22	especially	especially	ADV
hassl-848	166	23	when	when	SCONJ
hassl-848	166	24	it	it	PRON
hassl-848	166	25	comes	come	VERB
hassl-848	166	26	about	about	ADP
hassl-848	166	27	imposing	impose	VERB
hassl-848	166	28	disciplinary	disciplinary	ADJ
hassl-848	166	29	measures	measure	NOUN
hassl-848	166	30	.	.	PUNCT
hassl-848	167	1	in	in	ADP
hassl-848	167	2	addition	addition	NOUN
hassl-848	167	3	,	,	PUNCT
hassl-848	167	4	lipton	lipton	PROPN
hassl-848	167	5	and	and	CCONJ
hassl-848	167	6	lorsch	lorsch	PROPN
hassl-848	167	7	(	(	PUNCT
hassl-848	167	8	1992	1992	NUM
hassl-848	167	9	)	)	PUNCT
hassl-848	167	10	suggest	suggest	VERB
hassl-848	167	11	that	that	SCONJ
hassl-848	167	12	the	the	DET
hassl-848	167	13	adoption	adoption	NOUN
hassl-848	167	14	of	of	ADP
hassl-848	167	15	small	small	ADJ
hassl-848	167	16	board	board	NOUN
hassl-848	167	17	size	size	NOUN
hassl-848	167	18	is	be	AUX
hassl-848	167	19	to	to	PART
hassl-848	167	20	be	be	AUX
hassl-848	167	21	limited	limit	VERB
hassl-848	167	22	to	to	ADP
hassl-848	167	23	seven	seven	NUM
hassl-848	167	24	or	or	CCONJ
hassl-848	167	25	eight	eight	NUM
hassl-848	167	26	members	member	NOUN
hassl-848	167	27	.	.	PUNCT
hassl-848	168	1	this	this	PRON
hassl-848	168	2	is	be	AUX
hassl-848	168	3	supported	support	VERB
hassl-848	168	4	by	by	ADP
hassl-848	168	5	jensen	jensen	PROPN
hassl-848	168	6	.	.	PUNCT
hassl-848	169	1	(	(	PUNCT
hassl-848	169	2	1993	1993	NUM
hassl-848	169	3	)	)	PUNCT
hassl-848	169	4	who	who	PRON
hassl-848	169	5	also	also	ADV
hassl-848	169	6	notices	notice	VERB
hassl-848	169	7	that	that	SCONJ
hassl-848	169	8	as	as	SCONJ
hassl-848	169	9	small	small	ADJ
hassl-848	169	10	board	board	NOUN
hassl-848	169	11	should	should	AUX
hassl-848	169	12	consist	consist	VERB
hassl-848	169	13	of	of	ADP
hassl-848	169	14	seven	seven	NUM
hassl-848	169	15	or	or	CCONJ
hassl-848	169	16	eight	eight	NUM
hassl-848	169	17	members	member	NOUN
hassl-848	169	18	because	because	SCONJ
hassl-848	169	19	when	when	SCONJ
hassl-848	169	20	there	there	PRON
hassl-848	169	21	are	be	VERB
hassl-848	169	22	too	too	ADV
hassl-848	169	23	many	many	ADJ
hassl-848	169	24	members	member	NOUN
hassl-848	169	25	within	within	ADP
hassl-848	169	26	a	a	DET
hassl-848	169	27	board	board	NOUN
hassl-848	169	28	,	,	PUNCT
hassl-848	169	29	it	it	PRON
hassl-848	169	30	would	would	AUX
hassl-848	169	31	be	be	AUX
hassl-848	169	32	likely	likely	ADJ
hassl-848	169	33	to	to	PART
hassl-848	169	34	be	be	AUX
hassl-848	169	35	less	less	ADJ
hassl-848	169	36	in	in	ADP
hassl-848	169	37	coordination	coordination	NOUN
hassl-848	169	38	and	and	CCONJ
hassl-848	169	39	difficult	difficult	ADJ
hassl-848	169	40	to	to	PART
hassl-848	169	41	control	control	VERB
hassl-848	169	42	.	.	PUNCT
hassl-848	170	1	moreover	moreover	ADV
hassl-848	170	2	,	,	PUNCT
hassl-848	170	3	a	a	DET
hassl-848	170	4	large	large	ADJ
hassl-848	170	5	board	board	NOUN
hassl-848	170	6	of	of	ADP
hassl-848	170	7	directors	director	NOUN
hassl-848	170	8	generally	generally	ADV
hassl-848	170	9	would	would	AUX
hassl-848	170	10	result	result	VERB
hassl-848	170	11	in	in	ADP
hassl-848	170	12	fewer	few	ADJ
hassl-848	170	13	corporations	corporation	NOUN
hassl-848	170	14	,	,	PUNCT
hassl-848	170	15	increase	increase	VERB
hassl-848	170	16	information	information	NOUN
hassl-848	170	17	costs	cost	NOUN
hassl-848	170	18	and	and	CCONJ
hassl-848	170	19	contribute	contribute	VERB
hassl-848	170	20	to	to	ADP
hassl-848	170	21	increase	increase	NOUN
hassl-848	170	22	of	of	ADP
hassl-848	170	23	duration	duration	NOUN
hassl-848	170	24	in	in	ADP
hassl-848	170	25	decision	decision	NOUN
hassl-848	170	26	making	making	NOUN
hassl-848	170	27	(	(	PUNCT
hassl-848	170	28	yermack	yermack	NOUN
hassl-848	170	29	,	,	PUNCT
hassl-848	170	30	1996	1996	NUM
hassl-848	170	31	)	)	PUNCT
hassl-848	170	32	.	.	PUNCT
hassl-848	171	1	many	many	ADJ
hassl-848	171	2	studies	study	NOUN
hassl-848	171	3	in	in	ADP
hassl-848	171	4	corporate	corporate	ADJ
hassl-848	171	5	governance	governance	NOUN
hassl-848	171	6	literature	literature	NOUN
hassl-848	171	7	have	have	AUX
hassl-848	171	8	examined	examine	VERB
hassl-848	171	9	board	board	NOUN
hassl-848	171	10	size	size	NOUN
hassl-848	171	11	has	have	AUX
hassl-848	171	12	called	call	VERB
hassl-848	171	13	for	for	ADP
hassl-848	171	14	smaller	small	ADJ
hassl-848	171	15	board	board	NOUN
hassl-848	171	16	of	of	ADP
hassl-848	171	17	directors	director	NOUN
hassl-848	171	18	(	(	PUNCT
hassl-848	171	19	mak	mak	PROPN
hassl-848	171	20	&	&	CCONJ
hassl-848	171	21	kusnadi	kusnadi	PROPN
hassl-848	171	22	,	,	PUNCT
hassl-848	171	23	2005	2005	NUM
hassl-848	171	24	;	;	PUNCT
hassl-848	171	25	rahim	rahim	PROPN
hassl-848	171	26	,	,	PUNCT
hassl-848	171	27	yaacob	yaacob	PROPN
hassl-848	171	28	,	,	PUNCT
hassl-848	171	29	&	&	CCONJ
hassl-848	171	30	alias	alias	PROPN
hassl-848	171	31	,	,	PUNCT
hassl-848	171	32	2007	2007	NUM
hassl-848	171	33	;	;	PUNCT
hassl-848	171	34	vafeas	vafea	NOUN
hassl-848	171	35	,	,	PUNCT
hassl-848	171	36	2000	2000	NUM
hassl-848	171	37	)	)	PUNCT
hassl-848	171	38	.	.	PUNCT
hassl-848	172	1	these	these	DET
hassl-848	172	2	studies	study	NOUN
hassl-848	172	3	argue	argue	VERB
hassl-848	172	4	that	that	SCONJ
hassl-848	172	5	a	a	DET
hassl-848	172	6	small	small	ADJ
hassl-848	172	7	board	board	NOUN
hassl-848	172	8	size	size	NOUN
hassl-848	172	9	is	be	AUX
hassl-848	172	10	more	more	ADV
hassl-848	172	11	cohesive	cohesive	ADJ
hassl-848	172	12	and	and	CCONJ
hassl-848	172	13	therefore	therefore	ADV
hassl-848	172	14	,	,	PUNCT
hassl-848	172	15	could	could	AUX
hassl-848	172	16	monitor	monitor	VERB
hassl-848	172	17	the	the	DET
hassl-848	172	18	any	any	DET
hassl-848	172	19	opportunistic	opportunistic	ADJ
hassl-848	172	20	behavior	behavior	NOUN
hassl-848	172	21	and	and	CCONJ
hassl-848	172	22	make	make	VERB
hassl-848	172	23	decision	decision	NOUN
hassl-848	172	24	more	more	ADV
hassl-848	172	25	effectively	effectively	ADV
hassl-848	172	26	as	as	ADV
hassl-848	172	27	well	well	ADV
hassl-848	172	28	as	as	ADP
hassl-848	172	29	to	to	PART
hassl-848	172	30	avoid	avoid	VERB
hassl-848	172	31	free	free	ADJ
hassl-848	172	32	riders	rider	NOUN
hassl-848	172	33	and	and	CCONJ
hassl-848	172	34	less	less	ADJ
hassl-848	172	35	coordination	coordination	NOUN
hassl-848	172	36	cost	cost	NOUN
hassl-848	172	37	.	.	PUNCT
hassl-848	173	1	however	however	ADV
hassl-848	173	2	,	,	PUNCT
hassl-848	173	3	there	there	PRON
hassl-848	173	4	are	be	VERB
hassl-848	173	5	studies	study	NOUN
hassl-848	173	6	that	that	PRON
hassl-848	173	7	suggest	suggest	VERB
hassl-848	173	8	a	a	DET
hassl-848	173	9	large	large	ADJ
hassl-848	173	10	size	size	NOUN
hassl-848	173	11	of	of	ADP
hassl-848	173	12	board	board	NOUN
hassl-848	173	13	would	would	AUX
hassl-848	173	14	enhance	enhance	VERB
hassl-848	173	15	disclosure	disclosure	NOUN
hassl-848	173	16	of	of	ADP
hassl-848	173	17	risk	risk	NOUN
hassl-848	173	18	information	information	NOUN
hassl-848	173	19	about	about	ADP
hassl-848	173	20	future	future	ADJ
hassl-848	173	21	earnings	earning	NOUN
hassl-848	173	22	(	(	PUNCT
hassl-848	173	23	moumen	mouman	NOUN
hassl-848	173	24	,	,	PUNCT
hassl-848	173	25	othman	othman	PROPN
hassl-848	173	26	,	,	PUNCT
hassl-848	173	27	&	&	CCONJ
hassl-848	173	28	hussainey	hussainey	NOUN
hassl-848	173	29	,	,	PUNCT
hassl-848	173	30	2016	2016	NUM
hassl-848	173	31	)	)	PUNCT
hassl-848	173	32	and	and	CCONJ
hassl-848	173	33	is	be	AUX
hassl-848	173	34	likely	likely	ADJ
hassl-848	173	35	to	to	PART
hassl-848	173	36	mitigate	mitigate	VERB
hassl-848	173	37	sensitivity	sensitivity	NOUN
hassl-848	173	38	of	of	ADP
hassl-848	173	39	cash	cash	NOUN
hassl-848	173	40	flow	flow	NOUN
hassl-848	173	41	by	by	ADP
hassl-848	173	42	reducing	reduce	VERB
hassl-848	173	43	information	information	NOUN
hassl-848	173	44	asymmetry	asymmetry	NOUN
hassl-848	173	45	among	among	ADP
hassl-848	173	46	capital	capital	NOUN
hassl-848	173	47	providers	provider	NOUN
hassl-848	173	48	and	and	CCONJ
hassl-848	173	49	managers	manager	NOUN
hassl-848	173	50	(	(	PUNCT
hassl-848	173	51	ji	ji	PROPN
hassl-848	173	52	,	,	PUNCT
hassl-848	173	53	2016	2016	NUM
hassl-848	173	54	)	)	PUNCT
hassl-848	173	55	.	.	PUNCT
hassl-848	174	1	moreover	moreover	ADV
hassl-848	174	2	,	,	PUNCT
hassl-848	174	3	mathew	mathew	PROPN
hassl-848	174	4	and	and	CCONJ
hassl-848	174	5	hill	hill	PROPN
hassl-848	174	6	(	(	PUNCT
hassl-848	174	7	2013	2013	NUM
hassl-848	174	8	)	)	PUNCT
hassl-848	174	9	suggest	suggest	VERB
hassl-848	174	10	that	that	SCONJ
hassl-848	174	11	firms	firm	NOUN
hassl-848	174	12	with	with	ADP
hassl-848	174	13	a	a	DET
hassl-848	174	14	large	large	ADJ
hassl-848	174	15	board	board	NOUN
hassl-848	174	16	size	size	NOUN
hassl-848	174	17	would	would	AUX
hassl-848	174	18	decrease	decrease	VERB
hassl-848	174	19	firm	firm	ADJ
hassl-848	174	20	risk	risk	NOUN
hassl-848	174	21	.	.	PUNCT
hassl-848	175	1	humanities	humanity	NOUN
hassl-848	175	2	and	and	CCONJ
hassl-848	175	3	social	social	ADJ
hassl-848	175	4	sciences	science	NOUN
hassl-848	175	5	letters	letter	NOUN
hassl-848	175	6	,	,	PUNCT
hassl-848	175	7	2020	2020	NUM
hassl-848	175	8	,	,	PUNCT
hassl-848	175	9	8(2	8(2	NUM
hassl-848	175	10	):	):	PUNCT
hassl-848	175	11	169	169	NUM
hassl-848	175	12	-	-	SYM
hassl-848	175	13	193	193	NUM
hassl-848	175	14	175	175	NUM
hassl-848	175	15	©	©	PROPN
hassl-848	175	16	2020	2020	NUM
hassl-848	175	17	conscientia	conscientia	PROPN
hassl-848	175	18	beam	beam	PROPN
hassl-848	175	19	.	.	PUNCT
hassl-848	176	1	all	all	DET
hassl-848	176	2	rights	right	NOUN
hassl-848	176	3	reserved	reserve	VERB
hassl-848	176	4	.	.	PUNCT
hassl-848	177	1	in	in	ADP
hassl-848	177	2	respect	respect	NOUN
hassl-848	177	3	with	with	ADP
hassl-848	177	4	the	the	DET
hassl-848	177	5	issue	issue	NOUN
hassl-848	177	6	of	of	ADP
hassl-848	177	7	board	board	NOUN
hassl-848	177	8	size	size	NOUN
hassl-848	177	9	,	,	PUNCT
hassl-848	177	10	it	it	PRON
hassl-848	177	11	is	be	AUX
hassl-848	177	12	important	important	ADJ
hassl-848	177	13	to	to	PART
hassl-848	177	14	reveal	reveal	VERB
hassl-848	177	15	that	that	DET
hassl-848	177	16	corporate	corporate	ADJ
hassl-848	177	17	governance	governance	NOUN
hassl-848	177	18	mechanism	mechanism	NOUN
hassl-848	177	19	influences	influence	VERB
hassl-848	177	20	sensitivity	sensitivity	NOUN
hassl-848	177	21	of	of	ADP
hassl-848	177	22	investment	investment	NOUN
hassl-848	177	23	(	(	PUNCT
hassl-848	177	24	john	john	PROPN
hassl-848	177	25	,	,	PUNCT
hassl-848	177	26	litov	litov	PROPN
hassl-848	177	27	,	,	PUNCT
hassl-848	177	28	&	&	CCONJ
hassl-848	177	29	yeung	yeung	PROPN
hassl-848	177	30	,	,	PUNCT
hassl-848	177	31	2008	2008	NUM
hassl-848	177	32	)	)	PUNCT
hassl-848	177	33	which	which	PRON
hassl-848	177	34	could	could	AUX
hassl-848	177	35	affect	affect	VERB
hassl-848	177	36	firm	firm	ADJ
hassl-848	177	37	risk	risk	NOUN
hassl-848	177	38	as	as	ADV
hassl-848	177	39	well	well	ADV
hassl-848	177	40	as	as	ADP
hassl-848	177	41	in	in	ADP
hassl-848	177	42	order	order	NOUN
hassl-848	177	43	to	to	PART
hassl-848	177	44	improve	improve	VERB
hassl-848	177	45	economic	economic	ADJ
hassl-848	177	46	decision	decision	NOUN
hassl-848	177	47	(	(	PUNCT
hassl-848	177	48	ji	ji	PROPN
hassl-848	177	49	,	,	PUNCT
hassl-848	177	50	2016	2016	NUM
hassl-848	177	51	)	)	PUNCT
hassl-848	177	52	and	and	CCONJ
hassl-848	177	53	enhance	enhance	VERB
hassl-848	177	54	the	the	DET
hassl-848	177	55	quality	quality	NOUN
hassl-848	177	56	of	of	ADP
hassl-848	177	57	investor	investor	NOUN
hassl-848	177	58	protection	protection	NOUN
hassl-848	177	59	(	(	PUNCT
hassl-848	177	60	john	john	PROPN
hassl-848	177	61	.	.	PROPN
hassl-848	177	62	,	,	PUNCT
hassl-848	177	63	litov	litov	PROPN
hassl-848	177	64	,	,	PUNCT
hassl-848	177	65	&	&	CCONJ
hassl-848	177	66	yeung	yeung	PROPN
hassl-848	177	67	,	,	PUNCT
hassl-848	177	68	2005	2005	NUM
hassl-848	177	69	)	)	PUNCT
hassl-848	177	70	.	.	PUNCT
hassl-848	178	1	based	base	VERB
hassl-848	178	2	on	on	ADP
hassl-848	178	3	the	the	DET
hassl-848	178	4	above	above	ADJ
hassl-848	178	5	argument	argument	NOUN
hassl-848	178	6	and	and	CCONJ
hassl-848	178	7	literatures	literature	NOUN
hassl-848	178	8	regarding	regard	VERB
hassl-848	178	9	to	to	ADP
hassl-848	178	10	board	board	NOUN
hassl-848	178	11	size	size	NOUN
hassl-848	178	12	,	,	PUNCT
hassl-848	178	13	this	this	DET
hassl-848	178	14	study	study	NOUN
hassl-848	178	15	develops	develop	VERB
hassl-848	178	16	the	the	DET
hassl-848	178	17	second	second	ADJ
hassl-848	178	18	hypothesis	hypothesis	NOUN
hassl-848	178	19	;	;	PUNCT
hassl-848	178	20	h2	h2	NOUN
hassl-848	178	21	:	:	PUNCT
hassl-848	178	22	there	there	PRON
hassl-848	178	23	is	be	VERB
hassl-848	178	24	a	a	DET
hassl-848	178	25	negative	negative	ADJ
hassl-848	178	26	relationship	relationship	NOUN
hassl-848	178	27	between	between	ADP
hassl-848	178	28	small	small	ADJ
hassl-848	178	29	board	board	NOUN
hassl-848	178	30	size	size	NOUN
hassl-848	178	31	and	and	CCONJ
hassl-848	178	32	firm	firm	ADJ
hassl-848	178	33	risk	risk	NOUN
hassl-848	178	34	.	.	PUNCT
hassl-848	179	1	3.3	3.3	NUM
hassl-848	179	2	.	.	PUNCT
hassl-848	180	1	ceo	ceo	NOUN
hassl-848	180	2	duality	duality	NOUN
hassl-848	180	3	it	it	PRON
hassl-848	180	4	is	be	AUX
hassl-848	180	5	widely	widely	ADV
hassl-848	180	6	argued	argue	VERB
hassl-848	180	7	that	that	SCONJ
hassl-848	180	8	the	the	DET
hassl-848	180	9	principal	principal	ADJ
hassl-848	180	10	-	-	PUNCT
hassl-848	180	11	agent	agent	NOUN
hassl-848	180	12	problem	problem	NOUN
hassl-848	180	13	is	be	AUX
hassl-848	180	14	more	more	ADV
hassl-848	180	15	obvious	obvious	ADJ
hassl-848	180	16	when	when	SCONJ
hassl-848	180	17	the	the	DET
hassl-848	180	18	same	same	ADJ
hassl-848	180	19	person	person	NOUN
hassl-848	180	20	holds	hold	VERB
hassl-848	180	21	both	both	DET
hassl-848	180	22	positions	position	NOUN
hassl-848	180	23	as	as	ADP
hassl-848	180	24	the	the	DET
hassl-848	180	25	ceo	ceo	NOUN
hassl-848	180	26	and	and	CCONJ
hassl-848	180	27	chairperson	chairperson	NOUN
hassl-848	180	28	(	(	PUNCT
hassl-848	180	29	kim	kim	PROPN
hassl-848	180	30	&	&	CCONJ
hassl-848	180	31	buchanan	buchanan	PROPN
hassl-848	180	32	,	,	PUNCT
hassl-848	180	33	2008	2008	NUM
hassl-848	180	34	)	)	PUNCT
hassl-848	180	35	.	.	PUNCT
hassl-848	181	1	the	the	DET
hassl-848	181	2	argument	argument	NOUN
hassl-848	181	3	is	be	AUX
hassl-848	181	4	that	that	SCONJ
hassl-848	181	5	,	,	PUNCT
hassl-848	181	6	ceo	ceo	NOUN
hassl-848	181	7	who	who	PRON
hassl-848	181	8	is	be	AUX
hassl-848	181	9	also	also	ADV
hassl-848	181	10	the	the	DET
hassl-848	181	11	chairman	chairman	NOUN
hassl-848	181	12	of	of	ADP
hassl-848	181	13	the	the	DET
hassl-848	181	14	board	board	NOUN
hassl-848	181	15	would	would	AUX
hassl-848	181	16	have	have	VERB
hassl-848	181	17	a	a	DET
hassl-848	181	18	concentrated	concentrate	VERB
hassl-848	181	19	power	power	NOUN
hassl-848	181	20	base	base	NOUN
hassl-848	181	21	which	which	PRON
hassl-848	181	22	would	would	AUX
hassl-848	181	23	allow	allow	VERB
hassl-848	181	24	the	the	DET
hassl-848	181	25	ceo	ceo	NOUN
hassl-848	181	26	to	to	PART
hassl-848	181	27	make	make	VERB
hassl-848	181	28	decision	decision	NOUN
hassl-848	181	29	based	base	VERB
hassl-848	181	30	on	on	ADP
hassl-848	181	31	their	their	PRON
hassl-848	181	32	own	own	ADJ
hassl-848	181	33	interest	interest	NOUN
hassl-848	181	34	at	at	ADP
hassl-848	181	35	the	the	DET
hassl-848	181	36	expense	expense	NOUN
hassl-848	181	37	of	of	ADP
hassl-848	181	38	shareholders	shareholder	NOUN
hassl-848	181	39	.	.	PUNCT
hassl-848	182	1	there	there	PRON
hassl-848	182	2	is	be	VERB
hassl-848	182	3	a	a	DET
hassl-848	182	4	rationale	rationale	NOUN
hassl-848	182	5	of	of	ADP
hassl-848	182	6	the	the	DET
hassl-848	182	7	need	need	NOUN
hassl-848	182	8	to	to	PART
hassl-848	182	9	have	have	AUX
hassl-848	182	10	the	the	DET
hassl-848	182	11	separation	separation	NOUN
hassl-848	182	12	of	of	ADP
hassl-848	182	13	ceo	ceo	NOUN
hassl-848	182	14	and	and	CCONJ
hassl-848	182	15	chairman	chairman	NOUN
hassl-848	182	16	’s	’s	PART
hassl-848	182	17	position	position	NOUN
hassl-848	182	18	(	(	PUNCT
hassl-848	182	19	fama	fama	PROPN
hassl-848	182	20	&	&	CCONJ
hassl-848	182	21	jensen	jensen	PROPN
hassl-848	182	22	,	,	PUNCT
hassl-848	182	23	1983	1983	NUM
hassl-848	182	24	)	)	PUNCT
hassl-848	182	25	.	.	PUNCT
hassl-848	183	1	they	they	PRON
hassl-848	183	2	posit	posit	VERB
hassl-848	183	3	that	that	SCONJ
hassl-848	183	4	when	when	SCONJ
hassl-848	183	5	ceo	ceo	NOUN
hassl-848	183	6	duality	duality	NOUN
hassl-848	183	7	exists	exist	VERB
hassl-848	183	8	,	,	PUNCT
hassl-848	183	9	there	there	PRON
hassl-848	183	10	would	would	AUX
hassl-848	183	11	be	be	AUX
hassl-848	183	12	an	an	DET
hassl-848	183	13	“	"	PUNCT
hassl-848	183	14	absence	absence	NOUN
hassl-848	183	15	of	of	ADP
hassl-848	183	16	separation	separation	NOUN
hassl-848	183	17	of	of	ADP
hassl-848	183	18	decision	decision	NOUN
hassl-848	183	19	making	make	VERB
hassl-848	183	20	and	and	CCONJ
hassl-848	183	21	monitoring	monitor	VERB
hassl-848	183	22	function	function	NOUN
hassl-848	183	23	”	"	PUNCT
hassl-848	183	24	(	(	PUNCT
hassl-848	183	25	fama	fama	PROPN
hassl-848	183	26	&	&	CCONJ
hassl-848	183	27	jensen	jensen	PROPN
hassl-848	183	28	,	,	PUNCT
hassl-848	183	29	1983	1983	NUM
hassl-848	183	30	)	)	PUNCT
hassl-848	183	31	.	.	PUNCT
hassl-848	184	1	in	in	ADP
hassl-848	184	2	fact	fact	NOUN
hassl-848	184	3	,	,	PUNCT
hassl-848	184	4	in	in	ADP
hassl-848	184	5	the	the	DET
hassl-848	184	6	absence	absence	NOUN
hassl-848	184	7	of	of	ADP
hassl-848	184	8	clear	clear	ADJ
hassl-848	184	9	separation	separation	NOUN
hassl-848	184	10	of	of	ADP
hassl-848	184	11	decision	decision	NOUN
hassl-848	184	12	making	make	VERB
hassl-848	184	13	and	and	CCONJ
hassl-848	184	14	monitoring	monitoring	NOUN
hassl-848	184	15	functions	function	NOUN
hassl-848	184	16	,	,	PUNCT
hassl-848	184	17	the	the	DET
hassl-848	184	18	board	board	NOUN
hassl-848	184	19	is	be	AUX
hassl-848	184	20	ineffective	ineffective	ADJ
hassl-848	184	21	caused	cause	VERB
hassl-848	184	22	by	by	ADP
hassl-848	184	23	the	the	DET
hassl-848	184	24	existence	existence	NOUN
hassl-848	184	25	of	of	ADP
hassl-848	184	26	ceo	ceo	NOUN
hassl-848	184	27	dominance	dominance	NOUN
hassl-848	184	28	.	.	PUNCT
hassl-848	185	1	relating	relate	VERB
hassl-848	185	2	to	to	ADP
hassl-848	185	3	these	these	DET
hassl-848	185	4	issues	issue	NOUN
hassl-848	185	5	,	,	PUNCT
hassl-848	185	6	since	since	SCONJ
hassl-848	185	7	the	the	DET
hassl-848	185	8	arising	arising	NOUN
hassl-848	185	9	of	of	ADP
hassl-848	185	10	ceo	ceo	NOUN
hassl-848	185	11	duality	duality	NOUN
hassl-848	185	12	would	would	AUX
hassl-848	185	13	result	result	VERB
hassl-848	185	14	in	in	ADP
hassl-848	185	15	ineffective	ineffective	ADJ
hassl-848	185	16	decision	decision	NOUN
hassl-848	185	17	making	making	NOUN
hassl-848	185	18	,	,	PUNCT
hassl-848	185	19	ceo	ceo	NOUN
hassl-848	185	20	duality	duality	NOUN
hassl-848	185	21	might	might	AUX
hassl-848	185	22	compromise	compromise	VERB
hassl-848	185	23	the	the	DET
hassl-848	185	24	quality	quality	NOUN
hassl-848	185	25	of	of	ADP
hassl-848	185	26	the	the	DET
hassl-848	185	27	firm	firm	NOUN
hassl-848	185	28	's	's	PART
hassl-848	185	29	strategic	strategic	ADJ
hassl-848	185	30	decisions	decision	NOUN
hassl-848	185	31	(	(	PUNCT
hassl-848	185	32	tang	tang	NOUN
hassl-848	185	33	,	,	PUNCT
hassl-848	185	34	2017	2017	NUM
hassl-848	185	35	)	)	PUNCT
hassl-848	185	36	.	.	PUNCT
hassl-848	186	1	firm	firm	PROPN
hassl-848	186	2	’s	’s	PART
hassl-848	186	3	strategic	strategic	ADJ
hassl-848	186	4	decision	decision	NOUN
hassl-848	186	5	effectiveness	effectiveness	NOUN
hassl-848	186	6	would	would	AUX
hassl-848	186	7	influence	influence	VERB
hassl-848	186	8	the	the	DET
hassl-848	186	9	riskiness	riskiness	NOUN
hassl-848	186	10	in	in	ADP
hassl-848	186	11	certain	certain	ADJ
hassl-848	186	12	decisions	decision	NOUN
hassl-848	186	13	made	make	VERB
hassl-848	186	14	.	.	PUNCT
hassl-848	187	1	the	the	DET
hassl-848	187	2	firm	firm	NOUN
hassl-848	187	3	tends	tend	VERB
hassl-848	187	4	to	to	PART
hassl-848	187	5	be	be	AUX
hassl-848	187	6	risky	risky	ADJ
hassl-848	187	7	when	when	SCONJ
hassl-848	187	8	there	there	PRON
hassl-848	187	9	are	be	VERB
hassl-848	187	10	board	board	NOUN
hassl-848	187	11	members	member	NOUN
hassl-848	187	12	who	who	PRON
hassl-848	187	13	are	be	AUX
hassl-848	187	14	able	able	ADJ
hassl-848	187	15	to	to	PART
hassl-848	187	16	manipulate	manipulate	VERB
hassl-848	187	17	the	the	DET
hassl-848	187	18	earning	earning	NOUN
hassl-848	187	19	for	for	ADP
hassl-848	187	20	their	their	PRON
hassl-848	187	21	own	own	ADJ
hassl-848	187	22	interest	interest	NOUN
hassl-848	187	23	(	(	PUNCT
hassl-848	187	24	core	core	NOUN
hassl-848	187	25	,	,	PUNCT
hassl-848	187	26	hail	hail	NOUN
hassl-848	187	27	,	,	PUNCT
hassl-848	187	28	&	&	CCONJ
hassl-848	187	29	verdi	verdi	X
hassl-848	187	30	,	,	PUNCT
hassl-848	187	31	2015	2015	NUM
hassl-848	187	32	)	)	PUNCT
hassl-848	187	33	.	.	PUNCT
hassl-848	188	1	according	accord	VERB
hassl-848	188	2	to	to	ADP
hassl-848	188	3	reverte	reverte	NOUN
hassl-848	188	4	(	(	PUNCT
hassl-848	188	5	2009	2009	NUM
hassl-848	188	6	)	)	PUNCT
hassl-848	188	7	good	good	ADJ
hassl-848	188	8	corporate	corporate	ADJ
hassl-848	188	9	governance	governance	NOUN
hassl-848	188	10	should	should	AUX
hassl-848	188	11	ensure	ensure	VERB
hassl-848	188	12	the	the	DET
hassl-848	188	13	effectiveness	effectiveness	NOUN
hassl-848	188	14	and	and	CCONJ
hassl-848	188	15	high	high	ADJ
hassl-848	188	16	quality	quality	NOUN
hassl-848	188	17	in	in	ADP
hassl-848	188	18	governance	governance	NOUN
hassl-848	188	19	practice	practice	NOUN
hassl-848	188	20	as	as	ADV
hassl-848	188	21	well	well	ADV
hassl-848	188	22	as	as	ADP
hassl-848	188	23	reduce	reduce	VERB
hassl-848	188	24	the	the	DET
hassl-848	188	25	risk	risk	NOUN
hassl-848	188	26	.	.	PUNCT
hassl-848	189	1	however	however	ADV
hassl-848	189	2	,	,	PUNCT
hassl-848	189	3	a	a	DET
hassl-848	189	4	study	study	NOUN
hassl-848	189	5	by	by	ADP
hassl-848	189	6	kim	kim	PROPN
hassl-848	189	7	and	and	CCONJ
hassl-848	189	8	buchanan	buchanan	PROPN
hassl-848	189	9	(	(	PUNCT
hassl-848	189	10	2008	2008	NUM
hassl-848	189	11	)	)	PUNCT
hassl-848	189	12	provide	provide	VERB
hassl-848	189	13	the	the	DET
hassl-848	189	14	existence	existence	NOUN
hassl-848	189	15	of	of	ADP
hassl-848	189	16	dual	dual	ADJ
hassl-848	189	17	positioning	positioning	NOUN
hassl-848	189	18	on	on	ADP
hassl-848	189	19	both	both	DET
hassl-848	189	20	ceo	ceo	NOUN
hassl-848	189	21	and	and	CCONJ
hassl-848	189	22	chairperson	chairperson	NOUN
hassl-848	189	23	positions	position	NOUN
hassl-848	189	24	leads	lead	VERB
hassl-848	189	25	to	to	ADP
hassl-848	189	26	reduced	reduced	ADJ
hassl-848	189	27	tendency	tendency	NOUN
hassl-848	189	28	of	of	ADP
hassl-848	189	29	firm	firm	ADJ
hassl-848	189	30	risk	risk	NOUN
hassl-848	189	31	-	-	PUNCT
hassl-848	189	32	taking	taking	NOUN
hassl-848	189	33	.	.	PUNCT
hassl-848	190	1	while	while	SCONJ
hassl-848	190	2	sampson	sampson	NOUN
hassl-848	190	3	-	-	PUNCT
hassl-848	190	4	akpuru	akpuru	NOUN
hassl-848	190	5	(	(	PUNCT
hassl-848	190	6	2010	2010	NUM
hassl-848	190	7	)	)	PUNCT
hassl-848	190	8	in	in	ADP
hassl-848	190	9	his	his	PRON
hassl-848	190	10	study	study	NOUN
hassl-848	190	11	implies	imply	VERB
hassl-848	190	12	that	that	SCONJ
hassl-848	190	13	a	a	DET
hassl-848	190	14	firm	firm	NOUN
hassl-848	190	15	with	with	ADP
hassl-848	190	16	a	a	DET
hassl-848	190	17	dual	dual	ADJ
hassl-848	190	18	ceo	ceo	NOUN
hassl-848	190	19	will	will	AUX
hassl-848	190	20	practice	practice	VERB
hassl-848	190	21	an	an	DET
hassl-848	190	22	international	international	ADJ
hassl-848	190	23	acquisition	acquisition	NOUN
hassl-848	190	24	in	in	ADP
hassl-848	190	25	their	their	PRON
hassl-848	190	26	decision	decision	NOUN
hassl-848	190	27	-	-	PUNCT
hassl-848	190	28	making	making	NOUN
hassl-848	190	29	.	.	PUNCT
hassl-848	191	1	moreover	moreover	ADV
hassl-848	191	2	,	,	PUNCT
hassl-848	191	3	sampson	sampson	NOUN
hassl-848	191	4	-	-	PUNCT
hassl-848	191	5	akpuru	akpuru	NOUN
hassl-848	191	6	(	(	PUNCT
hassl-848	191	7	2010	2010	NUM
hassl-848	191	8	)	)	PUNCT
hassl-848	191	9	finds	find	VERB
hassl-848	191	10	that	that	SCONJ
hassl-848	191	11	firms	firm	NOUN
hassl-848	191	12	with	with	ADP
hassl-848	191	13	a	a	DET
hassl-848	191	14	dual	dual	ADJ
hassl-848	191	15	ceo	ceo	NOUN
hassl-848	191	16	are	be	AUX
hassl-848	191	17	expected	expect	VERB
hassl-848	191	18	to	to	PART
hassl-848	191	19	announce	announce	VERB
hassl-848	191	20	an	an	DET
hassl-848	191	21	international	international	ADJ
hassl-848	191	22	acquisition	acquisition	NOUN
hassl-848	191	23	,	,	PUNCT
hassl-848	191	24	with	with	ADP
hassl-848	191	25	superior	superior	ADJ
hassl-848	191	26	and	and	CCONJ
hassl-848	191	27	high	high	ADJ
hassl-848	191	28	-	-	PUNCT
hassl-848	191	29	sales	sale	NOUN
hassl-848	191	30	-	-	PUNCT
hassl-848	191	31	growth	growth	NOUN
hassl-848	191	32	firms	firm	NOUN
hassl-848	191	33	as	as	ADV
hassl-848	191	34	well	well	ADV
hassl-848	191	35	as	as	ADP
hassl-848	191	36	lower	low	ADJ
hassl-848	191	37	leverage	leverage	NOUN
hassl-848	191	38	and	and	CCONJ
hassl-848	191	39	lower	low	ADJ
hassl-848	191	40	cash	cash	NOUN
hassl-848	191	41	levels	level	NOUN
hassl-848	191	42	.	.	PUNCT
hassl-848	192	1	davidson	davidson	PROPN
hassl-848	192	2	,	,	PUNCT
hassl-848	192	3	goodwinstewart	goodwinstewart	PROPN
hassl-848	192	4	,	,	PUNCT
hassl-848	192	5	and	and	CCONJ
hassl-848	192	6	kent	kent	PROPN
hassl-848	192	7	(	(	PUNCT
hassl-848	192	8	2005	2005	NUM
hassl-848	192	9	)	)	PUNCT
hassl-848	192	10	investigate	investigate	VERB
hassl-848	192	11	the	the	DET
hassl-848	192	12	role	role	NOUN
hassl-848	192	13	of	of	ADP
hassl-848	192	14	firm	firm	NOUN
hassl-848	192	15	’s	’s	PART
hassl-848	192	16	internal	internal	ADJ
hassl-848	192	17	governance	governance	NOUN
hassl-848	192	18	structure	structure	NOUN
hassl-848	192	19	in	in	ADP
hassl-848	192	20	the	the	DET
hassl-848	192	21	constraint	constraint	NOUN
hassl-848	192	22	of	of	ADP
hassl-848	192	23	earning	earn	VERB
hassl-848	192	24	management	management	NOUN
hassl-848	192	25	.	.	PUNCT
hassl-848	193	1	they	they	PRON
hassl-848	193	2	have	have	AUX
hassl-848	193	3	found	find	VERB
hassl-848	193	4	that	that	SCONJ
hassl-848	193	5	there	there	PRON
hassl-848	193	6	is	be	VERB
hassl-848	193	7	a	a	DET
hassl-848	193	8	significant	significant	ADJ
hassl-848	193	9	negative	negative	ADJ
hassl-848	193	10	relationship	relationship	NOUN
hassl-848	193	11	between	between	ADP
hassl-848	193	12	earning	earn	VERB
hassl-848	193	13	management	management	NOUN
hassl-848	193	14	and	and	CCONJ
hassl-848	193	15	the	the	DET
hassl-848	193	16	presence	presence	NOUN
hassl-848	193	17	of	of	ADP
hassl-848	193	18	a	a	DET
hassl-848	193	19	board	board	NOUN
hassl-848	193	20	of	of	ADP
hassl-848	193	21	directors	director	NOUN
hassl-848	193	22	that	that	PRON
hassl-848	193	23	consists	consist	VERB
hassl-848	193	24	of	of	ADP
hassl-848	193	25	the	the	DET
hassl-848	193	26	majority	majority	NOUN
hassl-848	193	27	of	of	ADP
hassl-848	193	28	non	non	ADJ
hassl-848	193	29	-	-	ADJ
hassl-848	193	30	executive	executive	ADJ
hassl-848	193	31	directors	director	NOUN
hassl-848	193	32	.	.	PUNCT
hassl-848	194	1	however	however	ADV
hassl-848	194	2	,	,	PUNCT
hassl-848	194	3	the	the	DET
hassl-848	194	4	findings	finding	NOUN
hassl-848	194	5	fail	fail	VERB
hassl-848	194	6	to	to	PART
hassl-848	194	7	support	support	VERB
hassl-848	194	8	the	the	DET
hassl-848	194	9	hypothesis	hypothesis	NOUN
hassl-848	194	10	pertaining	pertain	VERB
hassl-848	194	11	to	to	ADP
hassl-848	194	12	the	the	DET
hassl-848	194	13	association	association	NOUN
hassl-848	194	14	between	between	ADP
hassl-848	194	15	independent	independent	ADJ
hassl-848	194	16	chairman	chairman	NOUN
hassl-848	194	17	and	and	CCONJ
hassl-848	194	18	earning	earn	VERB
hassl-848	194	19	management	management	NOUN
hassl-848	194	20	.	.	PUNCT
hassl-848	195	1	hence	hence	ADV
hassl-848	195	2	,	,	PUNCT
hassl-848	195	3	based	base	VERB
hassl-848	195	4	on	on	ADP
hassl-848	195	5	the	the	DET
hassl-848	195	6	above	above	ADJ
hassl-848	195	7	discussion	discussion	NOUN
hassl-848	195	8	and	and	CCONJ
hassl-848	195	9	previous	previous	ADJ
hassl-848	195	10	literature	literature	PROPN
hassl-848	195	11	review	review	PROPN
hassl-848	195	12	,	,	PUNCT
hassl-848	195	13	the	the	DET
hassl-848	195	14	next	next	ADJ
hassl-848	195	15	hypothesis	hypothesis	NOUN
hassl-848	195	16	is	be	AUX
hassl-848	195	17	developed	develop	VERB
hassl-848	195	18	.	.	PUNCT
hassl-848	196	1	h3	h3	NOUN
hassl-848	196	2	:	:	PUNCT
hassl-848	196	3	there	there	PRON
hassl-848	196	4	is	be	VERB
hassl-848	196	5	a	a	DET
hassl-848	196	6	positive	positive	ADJ
hassl-848	196	7	relationship	relationship	NOUN
hassl-848	196	8	between	between	ADP
hassl-848	196	9	ceo	ceo	NOUN
hassl-848	196	10	duality	duality	NOUN
hassl-848	196	11	and	and	CCONJ
hassl-848	196	12	firm	firm	ADJ
hassl-848	196	13	risk	risk	NOUN
hassl-848	196	14	.	.	PUNCT
hassl-848	197	1	3.4	3.4	NUM
hassl-848	197	2	.	.	PUNCT
hassl-848	197	3	existence	existence	NOUN
hassl-848	197	4	of	of	ADP
hassl-848	197	5	audit	audit	NOUN
hassl-848	197	6	and	and	CCONJ
hassl-848	197	7	nomination	nomination	NOUN
hassl-848	197	8	/	/	SYM
hassl-848	197	9	remuneration	remuneration	NOUN
hassl-848	197	10	committee	committee	NOUN
hassl-848	197	11	the	the	DET
hassl-848	197	12	need	need	NOUN
hassl-848	197	13	for	for	ADP
hassl-848	197	14	an	an	DET
hassl-848	197	15	independent	independent	ADJ
hassl-848	197	16	remuneration	remuneration	NOUN
hassl-848	197	17	committee	committee	NOUN
hassl-848	197	18	has	have	AUX
hassl-848	197	19	been	be	AUX
hassl-848	197	20	highlighted	highlight	VERB
hassl-848	197	21	in	in	ADP
hassl-848	197	22	mccg	mccg	PROPN
hassl-848	197	23	code	code	PROPN
hassl-848	197	24	2000	2000	NUM
hassl-848	197	25	which	which	PRON
hassl-848	197	26	is	be	AUX
hassl-848	197	27	stated	state	VERB
hassl-848	197	28	that	that	SCONJ
hassl-848	197	29	board	board	NOUN
hassl-848	197	30	should	should	AUX
hassl-848	197	31	appoint	appoint	VERB
hassl-848	197	32	remuneration	remuneration	NOUN
hassl-848	197	33	committee	committee	NOUN
hassl-848	197	34	consists	consist	VERB
hassl-848	197	35	of	of	ADP
hassl-848	197	36	non	non	ADJ
hassl-848	197	37	-	-	ADJ
hassl-848	197	38	executive	executive	ADJ
hassl-848	197	39	directors	director	NOUN
hassl-848	197	40	to	to	PART
hassl-848	197	41	recommend	recommend	VERB
hassl-848	197	42	all	all	DET
hassl-848	197	43	matters	matter	NOUN
hassl-848	197	44	about	about	ADP
hassl-848	197	45	the	the	DET
hassl-848	197	46	remuneration	remuneration	NOUN
hassl-848	197	47	as	as	ADP
hassl-848	197	48	non	non	ADJ
hassl-848	197	49	-	-	ADJ
hassl-848	197	50	executive	executive	ADJ
hassl-848	197	51	directors	director	NOUN
hassl-848	197	52	encounter	encounter	VERB
hassl-848	197	53	independent	independent	ADJ
hassl-848	197	54	opinion	opinion	NOUN
hassl-848	197	55	.	.	PUNCT
hassl-848	198	1	the	the	DET
hassl-848	198	2	appointment	appointment	NOUN
hassl-848	198	3	of	of	ADP
hassl-848	198	4	remuneration	remuneration	NOUN
hassl-848	198	5	committee	committee	NOUN
hassl-848	198	6	should	should	AUX
hassl-848	198	7	be	be	AUX
hassl-848	198	8	in	in	ADP
hassl-848	198	9	knowledge	knowledge	NOUN
hassl-848	198	10	or	or	CCONJ
hassl-848	198	11	consent	consent	NOUN
hassl-848	198	12	of	of	ADP
hassl-848	198	13	boards	board	NOUN
hassl-848	198	14	as	as	ADP
hassl-848	198	15	a	a	DET
hassl-848	198	16	whole	whole	ADJ
hassl-848	198	17	(	(	PUNCT
hassl-848	198	18	effective	effective	ADJ
hassl-848	198	19	corporate	corporate	ADJ
hassl-848	198	20	governance	governance	NOUN
hassl-848	198	21	p.	p.	NOUN
hassl-848	198	22	133	133	NUM
hassl-848	198	23	)	)	PUNCT
hassl-848	198	24	.	.	PUNCT
hassl-848	199	1	on	on	ADP
hassl-848	199	2	the	the	DET
hassl-848	199	3	other	other	ADJ
hassl-848	199	4	hand	hand	NOUN
hassl-848	199	5	,	,	PUNCT
hassl-848	199	6	nomination	nomination	NOUN
hassl-848	199	7	committees	committee	NOUN
hassl-848	199	8	function	function	VERB
hassl-848	199	9	to	to	PART
hassl-848	199	10	adopt	adopt	VERB
hassl-848	199	11	formal	formal	ADJ
hassl-848	199	12	procedure	procedure	NOUN
hassl-848	199	13	in	in	ADP
hassl-848	199	14	appointing	appointing	NOUN
hassl-848	199	15	of	of	ADP
hassl-848	199	16	board	board	NOUN
hassl-848	199	17	.	.	PUNCT
hassl-848	200	1	mccg	mccg	PROPN
hassl-848	200	2	2000	2000	NUM
hassl-848	200	3	clears	clear	VERB
hassl-848	200	4	out	out	ADP
hassl-848	200	5	the	the	DET
hassl-848	200	6	responsibilities	responsibility	NOUN
hassl-848	200	7	of	of	ADP
hassl-848	200	8	nomination	nomination	NOUN
hassl-848	200	9	committee	committee	NOUN
hassl-848	200	10	as	as	ADP
hassl-848	200	11	identifying	identifying	NOUN
hassl-848	200	12	,	,	PUNCT
hassl-848	200	13	nominating	nominating	NOUN
hassl-848	200	14	,	,	PUNCT
hassl-848	200	15	appointing	appoint	VERB
hassl-848	200	16	and	and	CCONJ
hassl-848	200	17	orienting	orient	VERB
hassl-848	200	18	new	new	ADJ
hassl-848	200	19	directors	director	NOUN
hassl-848	200	20	in	in	ADP
hassl-848	200	21	order	order	NOUN
hassl-848	200	22	to	to	PART
hassl-848	200	23	enhance	enhance	VERB
hassl-848	200	24	and	and	CCONJ
hassl-848	200	25	promote	promote	VERB
hassl-848	200	26	good	good	ADJ
hassl-848	200	27	governance	governance	NOUN
hassl-848	200	28	(	(	PUNCT
hassl-848	200	29	effective	effective	ADJ
hassl-848	200	30	corporate	corporate	ADJ
hassl-848	200	31	governance	governance	NOUN
hassl-848	200	32	p.	p.	NOUN
hassl-848	200	33	134	134	NUM
hassl-848	200	34	)	)	PUNCT
hassl-848	200	35	.	.	PUNCT
hassl-848	201	1	a	a	DET
hassl-848	201	2	study	study	NOUN
hassl-848	201	3	conducted	conduct	VERB
hassl-848	201	4	by	by	ADP
hassl-848	201	5	puni	puni	ADJ
hassl-848	201	6	(	(	PUNCT
hassl-848	201	7	2015	2015	NUM
hassl-848	201	8	)	)	PUNCT
hassl-848	201	9	in	in	ADP
hassl-848	201	10	analyzing	analyze	VERB
hassl-848	201	11	the	the	DET
hassl-848	201	12	presence	presence	NOUN
hassl-848	201	13	of	of	ADP
hassl-848	201	14	both	both	DET
hassl-848	201	15	committees	committee	NOUN
hassl-848	201	16	on	on	ADP
hassl-848	201	17	corporate	corporate	ADJ
hassl-848	201	18	performance	performance	NOUN
hassl-848	201	19	has	have	AUX
hassl-848	201	20	indicated	indicate	VERB
hassl-848	201	21	that	that	SCONJ
hassl-848	201	22	board	board	NOUN
hassl-848	201	23	committees	committee	NOUN
hassl-848	201	24	have	have	VERB
hassl-848	201	25	no	no	DET
hassl-848	201	26	statistical	statistical	ADJ
hassl-848	201	27	significant	significant	ADJ
hassl-848	201	28	effect	effect	NOUN
hassl-848	201	29	,	,	PUNCT
hassl-848	201	30	while	while	SCONJ
hassl-848	201	31	,	,	PUNCT
hassl-848	201	32	nomination	nomination	NOUN
hassl-848	201	33	committees	committee	NOUN
hassl-848	201	34	have	have	VERB
hassl-848	201	35	negative	negative	ADJ
hassl-848	201	36	significant	significant	ADJ
hassl-848	201	37	on	on	ADP
hassl-848	201	38	corporate	corporate	ADJ
hassl-848	201	39	financial	financial	ADJ
hassl-848	201	40	performance	performance	NOUN
hassl-848	201	41	.	.	PUNCT
hassl-848	202	1	prior	prior	ADJ
hassl-848	202	2	research	research	NOUN
hassl-848	202	3	by	by	ADP
hassl-848	202	4	tsui	tsui	PROPN
hassl-848	202	5	and	and	CCONJ
hassl-848	202	6	gul	gul	PROPN
hassl-848	202	7	(	(	PUNCT
hassl-848	202	8	2003	2003	NUM
hassl-848	202	9	)	)	PUNCT
hassl-848	202	10	has	have	AUX
hassl-848	202	11	focused	focus	VERB
hassl-848	202	12	on	on	ADP
hassl-848	202	13	the	the	DET
hassl-848	202	14	issues	issue	NOUN
hassl-848	202	15	related	relate	VERB
hassl-848	202	16	to	to	ADP
hassl-848	202	17	the	the	DET
hassl-848	202	18	effectiveness	effectiveness	NOUN
hassl-848	202	19	of	of	ADP
hassl-848	202	20	remuneration	remuneration	NOUN
hassl-848	202	21	committees	committee	NOUN
hassl-848	202	22	.	.	PUNCT
hassl-848	203	1	they	they	PRON
hassl-848	203	2	find	find	VERB
hassl-848	203	3	that	that	SCONJ
hassl-848	203	4	a	a	DET
hassl-848	203	5	higher	high	ADJ
hassl-848	203	6	proportion	proportion	NOUN
hassl-848	203	7	of	of	ADP
hassl-848	203	8	outside	outside	ADJ
hassl-848	203	9	directors	director	NOUN
hassl-848	203	10	on	on	ADP
hassl-848	203	11	the	the	DET
hassl-848	203	12	remuneration	remuneration	NOUN
hassl-848	203	13	committee	committee	NOUN
hassl-848	203	14	would	would	AUX
hassl-848	203	15	convince	convince	VERB
hassl-848	203	16	humanities	humanity	NOUN
hassl-848	203	17	and	and	CCONJ
hassl-848	203	18	social	social	ADJ
hassl-848	203	19	sciences	science	NOUN
hassl-848	203	20	letters	letter	NOUN
hassl-848	203	21	,	,	PUNCT
hassl-848	203	22	2020	2020	NUM
hassl-848	203	23	,	,	PUNCT
hassl-848	203	24	8(2	8(2	NUM
hassl-848	203	25	):	):	PUNCT
hassl-848	203	26	169	169	NUM
hassl-848	203	27	-	-	SYM
hassl-848	203	28	193	193	NUM
hassl-848	203	29	176	176	NUM
hassl-848	203	30	©	©	PROPN
hassl-848	203	31	2020	2020	NUM
hassl-848	203	32	conscientia	conscientia	PROPN
hassl-848	203	33	beam	beam	PROPN
hassl-848	203	34	.	.	PUNCT
hassl-848	204	1	all	all	DET
hassl-848	204	2	rights	right	NOUN
hassl-848	204	3	reserved	reserve	VERB
hassl-848	204	4	.	.	PUNCT
hassl-848	205	1	management	management	NOUN
hassl-848	205	2	to	to	PART
hassl-848	205	3	act	act	VERB
hassl-848	205	4	in	in	ADP
hassl-848	205	5	the	the	DET
hassl-848	205	6	shareholders	shareholder	NOUN
hassl-848	205	7	’	’	PART
hassl-848	205	8	best	good	ADJ
hassl-848	205	9	interests	interest	NOUN
hassl-848	205	10	and	and	CCONJ
hassl-848	205	11	promote	promote	VERB
hassl-848	205	12	the	the	DET
hassl-848	205	13	pay	pay	NOUN
hassl-848	205	14	and	and	CCONJ
hassl-848	205	15	performance	performance	NOUN
hassl-848	205	16	relationship	relationship	NOUN
hassl-848	205	17	.	.	PUNCT
hassl-848	206	1	however	however	ADV
hassl-848	206	2	,	,	PUNCT
hassl-848	206	3	the	the	DET
hassl-848	206	4	study	study	NOUN
hassl-848	206	5	on	on	ADP
hassl-848	206	6	the	the	DET
hassl-848	206	7	effectiveness	effectiveness	NOUN
hassl-848	206	8	of	of	ADP
hassl-848	206	9	nomination	nomination	NOUN
hassl-848	206	10	committee	committee	NOUN
hassl-848	206	11	is	be	AUX
hassl-848	206	12	limited	limited	ADJ
hassl-848	206	13	and	and	CCONJ
hassl-848	206	14	no	no	DET
hassl-848	206	15	evidence	evidence	NOUN
hassl-848	206	16	provided	provide	VERB
hassl-848	206	17	to	to	PART
hassl-848	206	18	prove	prove	VERB
hassl-848	206	19	if	if	SCONJ
hassl-848	206	20	there	there	PRON
hassl-848	206	21	is	be	VERB
hassl-848	206	22	any	any	DET
hassl-848	206	23	impact	impact	NOUN
hassl-848	206	24	of	of	ADP
hassl-848	206	25	that	that	DET
hassl-848	206	26	committee	committee	NOUN
hassl-848	206	27	on	on	ADP
hassl-848	206	28	the	the	DET
hassl-848	206	29	purpose	purpose	NOUN
hassl-848	206	30	of	of	ADP
hassl-848	206	31	ceo	ceo	NOUN
hassl-848	206	32	pay	pay	NOUN
hassl-848	206	33	levels	level	NOUN
hassl-848	206	34	.	.	PUNCT
hassl-848	207	1	in	in	ADP
hassl-848	207	2	fact	fact	NOUN
hassl-848	207	3	,	,	PUNCT
hassl-848	207	4	the	the	DET
hassl-848	207	5	establishment	establishment	NOUN
hassl-848	207	6	of	of	ADP
hassl-848	207	7	audit	audit	NOUN
hassl-848	207	8	committee	committee	NOUN
hassl-848	207	9	would	would	AUX
hassl-848	207	10	lead	lead	VERB
hassl-848	207	11	to	to	ADP
hassl-848	207	12	investors	investor	NOUN
hassl-848	207	13	’	'	PUNCT
hassl-848	207	14	expectation	expectation	NOUN
hassl-848	207	15	that	that	PRON
hassl-848	207	16	enriches	enrich	VERB
hassl-848	207	17	financial	financial	ADJ
hassl-848	207	18	reports	report	NOUN
hassl-848	207	19	which	which	PRON
hassl-848	207	20	would	would	AUX
hassl-848	207	21	be	be	AUX
hassl-848	207	22	resulting	result	VERB
hassl-848	207	23	in	in	ADP
hassl-848	207	24	the	the	DET
hassl-848	207	25	increasing	increasing	NOUN
hassl-848	207	26	of	of	ADP
hassl-848	207	27	earnings	earning	NOUN
hassl-848	207	28	response	response	NOUN
hassl-848	207	29	coefficients	coefficient	NOUN
hassl-848	207	30	(	(	PUNCT
hassl-848	207	31	amer	amer	PROPN
hassl-848	207	32	,	,	PUNCT
hassl-848	207	33	ragab	ragab	ADJ
hassl-848	207	34	,	,	PUNCT
hassl-848	207	35	&	&	CCONJ
hassl-848	207	36	shehata	shehata	PROPN
hassl-848	207	37	,	,	PUNCT
hassl-848	207	38	2014	2014	NUM
hassl-848	207	39	)	)	PUNCT
hassl-848	207	40	.	.	PUNCT
hassl-848	208	1	moreover	moreover	ADV
hassl-848	208	2	,	,	PUNCT
hassl-848	208	3	firms	firm	NOUN
hassl-848	208	4	that	that	PRON
hassl-848	208	5	have	have	AUX
hassl-848	208	6	established	establish	VERB
hassl-848	208	7	audit	audit	NOUN
hassl-848	208	8	committees	committee	NOUN
hassl-848	208	9	tend	tend	VERB
hassl-848	208	10	to	to	PART
hassl-848	208	11	experience	experience	VERB
hassl-848	208	12	fewer	few	ADJ
hassl-848	208	13	errors	error	NOUN
hassl-848	208	14	and	and	CCONJ
hassl-848	208	15	less	less	ADJ
hassl-848	208	16	misconduct	misconduct	NOUN
hassl-848	208	17	cases	case	NOUN
hassl-848	208	18	that	that	PRON
hassl-848	208	19	would	would	AUX
hassl-848	208	20	result	result	VERB
hassl-848	208	21	in	in	ADP
hassl-848	208	22	unreliable	unreliable	ADJ
hassl-848	208	23	financial	financial	ADJ
hassl-848	208	24	reporting	reporting	NOUN
hassl-848	208	25	.	.	PUNCT
hassl-848	209	1	in	in	ADP
hassl-848	209	2	addition	addition	NOUN
hassl-848	209	3	,	,	PUNCT
hassl-848	209	4	audit	audit	NOUN
hassl-848	209	5	committees	committee	NOUN
hassl-848	209	6	would	would	AUX
hassl-848	209	7	be	be	AUX
hassl-848	209	8	useful	useful	ADJ
hassl-848	209	9	in	in	ADP
hassl-848	209	10	monitoring	monitor	VERB
hassl-848	209	11	serious	serious	ADJ
hassl-848	209	12	fraudulent	fraudulent	ADJ
hassl-848	209	13	issues	issue	NOUN
hassl-848	209	14	practiced	practice	VERB
hassl-848	209	15	by	by	ADP
hassl-848	209	16	the	the	DET
hassl-848	209	17	management	management	NOUN
hassl-848	209	18	as	as	ADP
hassl-848	209	19	audit	audit	NOUN
hassl-848	209	20	committee	committee	NOUN
hassl-848	209	21	will	will	AUX
hassl-848	209	22	be	be	AUX
hassl-848	209	23	an	an	DET
hassl-848	209	24	indicator	indicator	NOUN
hassl-848	209	25	for	for	ADP
hassl-848	209	26	any	any	DET
hassl-848	209	27	form	form	NOUN
hassl-848	209	28	of	of	ADP
hassl-848	209	29	information	information	NOUN
hassl-848	209	30	asymmetries	asymmetry	NOUN
hassl-848	209	31	(	(	PUNCT
hassl-848	209	32	edogbanya	edogbanya	NOUN
hassl-848	209	33	&	&	CCONJ
hassl-848	209	34	kamardin	kamardin	PROPN
hassl-848	209	35	,	,	PUNCT
hassl-848	209	36	2015	2015	NUM
hassl-848	209	37	)	)	PUNCT
hassl-848	209	38	.	.	PUNCT
hassl-848	210	1	hence	hence	ADV
hassl-848	210	2	,	,	PUNCT
hassl-848	210	3	the	the	DET
hassl-848	210	4	establishment	establishment	NOUN
hassl-848	210	5	of	of	ADP
hassl-848	210	6	audit	audit	NOUN
hassl-848	210	7	committee	committee	NOUN
hassl-848	210	8	would	would	AUX
hassl-848	210	9	reduce	reduce	VERB
hassl-848	210	10	opportunistic	opportunistic	ADJ
hassl-848	210	11	behavior	behavior	NOUN
hassl-848	210	12	by	by	ADP
hassl-848	210	13	management	management	NOUN
hassl-848	210	14	,	,	PUNCT
hassl-848	210	15	strategize	strategize	VERB
hassl-848	210	16	firm	firm	ADJ
hassl-848	210	17	disclosure	disclosure	NOUN
hassl-848	210	18	policy	policy	NOUN
hassl-848	210	19	(	(	PUNCT
hassl-848	210	20	embong	embong	ADV
hassl-848	210	21	et	et	PROPN
hassl-848	210	22	al	al	PROPN
hassl-848	210	23	.	.	PROPN
hassl-848	210	24	,	,	PUNCT
hassl-848	210	25	2012	2012	NUM
hassl-848	210	26	)	)	PUNCT
hassl-848	210	27	and	and	CCONJ
hassl-848	210	28	lead	lead	VERB
hassl-848	210	29	to	to	PART
hassl-848	210	30	reduce	reduce	VERB
hassl-848	210	31	risk	risk	NOUN
hassl-848	210	32	of	of	ADP
hassl-848	210	33	the	the	DET
hassl-848	210	34	firm	firm	NOUN
hassl-848	210	35	(	(	PUNCT
hassl-848	210	36	reverte	reverte	PROPN
hassl-848	210	37	,	,	PUNCT
hassl-848	210	38	2009	2009	NUM
hassl-848	210	39	)	)	PUNCT
hassl-848	210	40	.	.	PUNCT
hassl-848	211	1	last	last	ADJ
hassl-848	211	2	but	but	CCONJ
hassl-848	211	3	not	not	PART
hassl-848	211	4	least	least	ADJ
hassl-848	211	5	,	,	PUNCT
hassl-848	211	6	a	a	DET
hassl-848	211	7	study	study	NOUN
hassl-848	211	8	executed	execute	VERB
hassl-848	211	9	by	by	ADP
hassl-848	211	10	kercher	kercher	PROPN
hassl-848	211	11	(	(	PUNCT
hassl-848	211	12	2013	2013	NUM
hassl-848	211	13	)	)	PUNCT
hassl-848	211	14	with	with	ADP
hassl-848	211	15	regard	regard	NOUN
hassl-848	211	16	to	to	ADP
hassl-848	211	17	the	the	DET
hassl-848	211	18	factors	factor	NOUN
hassl-848	211	19	that	that	PRON
hassl-848	211	20	determine	determine	VERB
hassl-848	211	21	the	the	DET
hassl-848	211	22	voluntary	voluntary	ADJ
hassl-848	211	23	adoption	adoption	NOUN
hassl-848	211	24	of	of	ADP
hassl-848	211	25	remuneration	remuneration	NOUN
hassl-848	211	26	committees	committee	NOUN
hassl-848	211	27	in	in	ADP
hassl-848	211	28	2008	2008	NUM
hassl-848	211	29	show	show	VERB
hassl-848	211	30	the	the	DET
hassl-848	211	31	presence	presence	NOUN
hassl-848	211	32	of	of	ADP
hassl-848	211	33	remuneration	remuneration	NOUN
hassl-848	211	34	committee	committee	NOUN
hassl-848	211	35	is	be	AUX
hassl-848	211	36	significantly	significantly	ADV
hassl-848	211	37	associated	associate	VERB
hassl-848	211	38	with	with	ADP
hassl-848	211	39	the	the	DET
hassl-848	211	40	insider	insider	NOUN
hassl-848	211	41	share	share	NOUN
hassl-848	211	42	ownership	ownership	NOUN
hassl-848	211	43	,	,	PUNCT
hassl-848	211	44	institutional	institutional	ADJ
hassl-848	211	45	shareholding	shareholding	NOUN
hassl-848	211	46	and	and	CCONJ
hassl-848	211	47	slightly	slightly	ADV
hassl-848	211	48	associated	associate	VERB
hassl-848	211	49	with	with	ADP
hassl-848	211	50	the	the	DET
hassl-848	211	51	change	change	NOUN
hassl-848	211	52	in	in	ADP
hassl-848	211	53	ceo	ceo	NOUN
hassl-848	211	54	.	.	PUNCT
hassl-848	212	1	hence	hence	ADV
hassl-848	212	2	,	,	PUNCT
hassl-848	212	3	the	the	DET
hassl-848	212	4	fourth	fourth	ADJ
hassl-848	212	5	hypothesis	hypothesis	NOUN
hassl-848	212	6	is	be	AUX
hassl-848	212	7	developed	develop	VERB
hassl-848	212	8	.	.	PUNCT
hassl-848	213	1	h4	h4	NOUN
hassl-848	213	2	:	:	PUNCT
hassl-848	213	3	there	there	PRON
hassl-848	213	4	is	be	VERB
hassl-848	213	5	a	a	DET
hassl-848	213	6	negative	negative	ADJ
hassl-848	213	7	relationship	relationship	NOUN
hassl-848	213	8	between	between	ADP
hassl-848	213	9	the	the	DET
hassl-848	213	10	existences	existence	NOUN
hassl-848	213	11	of	of	ADP
hassl-848	213	12	audit	audit	NOUN
hassl-848	213	13	and	and	CCONJ
hassl-848	213	14	nomination	nomination	NOUN
hassl-848	213	15	or	or	CCONJ
hassl-848	213	16	remuneration	remuneration	NOUN
hassl-848	213	17	committee	committee	NOUN
hassl-848	213	18	with	with	ADP
hassl-848	213	19	firm	firm	ADJ
hassl-848	213	20	risk	risk	NOUN
hassl-848	213	21	.	.	PUNCT
hassl-848	214	1	3.5	3.5	NUM
hassl-848	214	2	.	.	PUNCT
hassl-848	214	3	independence	independence	NOUN
hassl-848	214	4	of	of	ADP
hassl-848	214	5	board	board	PROPN
hassl-848	214	6	committee	committee	NOUN
hassl-848	214	7	in	in	ADP
hassl-848	214	8	order	order	NOUN
hassl-848	214	9	to	to	PART
hassl-848	214	10	ensure	ensure	VERB
hassl-848	214	11	the	the	DET
hassl-848	214	12	effectiveness	effectiveness	NOUN
hassl-848	214	13	and	and	CCONJ
hassl-848	214	14	adequate	adequate	ADJ
hassl-848	214	15	performance	performance	NOUN
hassl-848	214	16	in	in	ADP
hassl-848	214	17	the	the	DET
hassl-848	214	18	firm	firm	NOUN
hassl-848	214	19	,	,	PUNCT
hassl-848	214	20	it	it	PRON
hassl-848	214	21	is	be	AUX
hassl-848	214	22	important	important	ADJ
hassl-848	214	23	to	to	ADP
hassl-848	214	24	the	the	DET
hassl-848	214	25	board	board	NOUN
hassl-848	214	26	with	with	ADP
hassl-848	214	27	the	the	DET
hassl-848	214	28	majority	majority	NOUN
hassl-848	214	29	of	of	ADP
hassl-848	214	30	independent	independent	ADJ
hassl-848	214	31	non	non	ADJ
hassl-848	214	32	-	-	ADJ
hassl-848	214	33	executive	executive	ADJ
hassl-848	214	34	directors	director	NOUN
hassl-848	214	35	.	.	PUNCT
hassl-848	215	1	board	board	NOUN
hassl-848	215	2	and	and	CCONJ
hassl-848	215	3	audit	audit	PROPN
hassl-848	215	4	committee	committee	NOUN
hassl-848	215	5	with	with	ADP
hassl-848	215	6	a	a	DET
hassl-848	215	7	higher	high	ADJ
hassl-848	215	8	composition	composition	NOUN
hassl-848	215	9	of	of	ADP
hassl-848	215	10	nonexecutive	nonexecutive	ADJ
hassl-848	215	11	independence	independence	NOUN
hassl-848	215	12	directors	director	NOUN
hassl-848	215	13	seem	seem	VERB
hassl-848	215	14	to	to	PART
hassl-848	215	15	be	be	AUX
hassl-848	215	16	more	more	ADV
hassl-848	215	17	objective	objective	ADJ
hassl-848	215	18	in	in	ADP
hassl-848	215	19	their	their	PRON
hassl-848	215	20	decision	decision	NOUN
hassl-848	215	21	making	making	NOUN
hassl-848	215	22	and	and	CCONJ
hassl-848	215	23	judgment	judgment	NOUN
hassl-848	215	24	compared	compare	VERB
hassl-848	215	25	to	to	ADP
hassl-848	215	26	more	more	ADJ
hassl-848	215	27	executive	executive	ADJ
hassl-848	215	28	directors	director	NOUN
hassl-848	215	29	(	(	PUNCT
hassl-848	215	30	klein	klein	PROPN
hassl-848	215	31	,	,	PUNCT
hassl-848	215	32	2002a	2002a	NUM
hassl-848	215	33	)	)	PUNCT
hassl-848	215	34	.	.	PUNCT
hassl-848	216	1	klein	klein	PROPN
hassl-848	216	2	(	(	PUNCT
hassl-848	216	3	2002a	2002a	NUM
hassl-848	216	4	)	)	PUNCT
hassl-848	216	5	also	also	ADV
hassl-848	216	6	suggests	suggest	VERB
hassl-848	216	7	that	that	SCONJ
hassl-848	216	8	the	the	DET
hassl-848	216	9	independent	independent	PROPN
hassl-848	216	10	board	board	NOUN
hassl-848	216	11	structure	structure	NOUN
hassl-848	216	12	tends	tend	VERB
hassl-848	216	13	to	to	PART
hassl-848	216	14	be	be	AUX
hassl-848	216	15	more	more	ADV
hassl-848	216	16	effective	effective	ADJ
hassl-848	216	17	in	in	ADP
hassl-848	216	18	monitoring	monitor	VERB
hassl-848	216	19	corporate	corporate	ADJ
hassl-848	216	20	financial	financial	ADJ
hassl-848	216	21	accounting	accounting	NOUN
hassl-848	216	22	process	process	NOUN
hassl-848	216	23	.	.	PUNCT
hassl-848	217	1	if	if	SCONJ
hassl-848	217	2	the	the	DET
hassl-848	217	3	board	board	NOUN
hassl-848	217	4	is	be	AUX
hassl-848	217	5	not	not	PART
hassl-848	217	6	truly	truly	ADV
hassl-848	217	7	independent	independent	ADJ
hassl-848	217	8	,	,	PUNCT
hassl-848	217	9	it	it	PRON
hassl-848	217	10	would	would	AUX
hassl-848	217	11	be	be	AUX
hassl-848	217	12	less	less	ADJ
hassl-848	217	13	support	support	NOUN
hassl-848	217	14	to	to	PART
hassl-848	217	15	issue	issue	VERB
hassl-848	217	16	going	go	VERB
hassl-848	217	17	concern	concern	NOUN
hassl-848	217	18	report	report	NOUN
hassl-848	217	19	when	when	SCONJ
hassl-848	217	20	audit	audit	NOUN
hassl-848	217	21	has	have	AUX
hassl-848	217	22	been	be	AUX
hassl-848	217	23	made	make	VERB
hassl-848	217	24	(	(	PUNCT
hassl-848	217	25	carcello	carcello	PROPN
hassl-848	217	26	&	&	CCONJ
hassl-848	217	27	neal	neal	PROPN
hassl-848	217	28	,	,	PUNCT
hassl-848	217	29	2000	2000	NUM
hassl-848	217	30	)	)	PUNCT
hassl-848	217	31	.	.	PUNCT
hassl-848	218	1	as	as	SCONJ
hassl-848	218	2	such	such	ADJ
hassl-848	218	3	,	,	PUNCT
hassl-848	218	4	audit	audit	NOUN
hassl-848	218	5	committee	committee	NOUN
hassl-848	218	6	’s	’s	PART
hassl-848	218	7	roles	role	NOUN
hassl-848	218	8	and	and	CCONJ
hassl-848	218	9	responsibilities	responsibility	NOUN
hassl-848	218	10	have	have	AUX
hassl-848	218	11	become	become	VERB
hassl-848	218	12	crucial	crucial	ADJ
hassl-848	218	13	in	in	ADP
hassl-848	218	14	order	order	NOUN
hassl-848	218	15	to	to	PART
hassl-848	218	16	safeguard	safeguard	VERB
hassl-848	218	17	firms	firm	NOUN
hassl-848	218	18	’	’	PART
hassl-848	218	19	performance	performance	NOUN
hassl-848	218	20	and	and	CCONJ
hassl-848	218	21	its	its	PRON
hassl-848	218	22	effectiveness	effectiveness	NOUN
hassl-848	218	23	in	in	ADP
hassl-848	218	24	decision	decision	NOUN
hassl-848	218	25	making	making	NOUN
hassl-848	218	26	.	.	PUNCT
hassl-848	219	1	a	a	DET
hassl-848	219	2	study	study	NOUN
hassl-848	219	3	by	by	ADP
hassl-848	219	4	zábojníková	zábojníková	NOUN
hassl-848	219	5	(	(	PUNCT
hassl-848	219	6	2016	2016	NUM
hassl-848	219	7	)	)	PUNCT
hassl-848	219	8	finds	find	VERB
hassl-848	219	9	that	that	SCONJ
hassl-848	219	10	the	the	DET
hassl-848	219	11	structures	structure	NOUN
hassl-848	219	12	of	of	ADP
hassl-848	219	13	audit	audit	NOUN
hassl-848	219	14	committees	committee	NOUN
hassl-848	219	15	appear	appear	VERB
hassl-848	219	16	to	to	PART
hassl-848	219	17	be	be	AUX
hassl-848	219	18	negatively	negatively	ADV
hassl-848	219	19	correlated	correlate	VERB
hassl-848	219	20	to	to	ADP
hassl-848	219	21	uk	uk	PROPN
hassl-848	219	22	firm	firm	ADJ
hassl-848	219	23	performance	performance	NOUN
hassl-848	219	24	.	.	PUNCT
hassl-848	220	1	however	however	ADV
hassl-848	220	2	,	,	PUNCT
hassl-848	220	3	his	his	PRON
hassl-848	220	4	study	study	NOUN
hassl-848	220	5	has	have	AUX
hassl-848	220	6	found	find	VERB
hassl-848	220	7	a	a	DET
hassl-848	220	8	significant	significant	ADJ
hassl-848	220	9	positive	positive	ADJ
hassl-848	220	10	relationship	relationship	NOUN
hassl-848	220	11	between	between	ADP
hassl-848	220	12	the	the	DET
hassl-848	220	13	audit	audit	NOUN
hassl-848	220	14	committee	committee	NOUN
hassl-848	220	15	size	size	NOUN
hassl-848	220	16	,	,	PUNCT
hassl-848	220	17	frequency	frequency	NOUN
hassl-848	220	18	of	of	ADP
hassl-848	220	19	its	its	PRON
hassl-848	220	20	meetings	meeting	NOUN
hassl-848	220	21	and	and	CCONJ
hassl-848	220	22	its	its	PRON
hassl-848	220	23	financial	financial	ADJ
hassl-848	220	24	experience	experience	NOUN
hassl-848	220	25	and	and	CCONJ
hassl-848	220	26	firm	firm	ADJ
hassl-848	220	27	financial	financial	ADJ
hassl-848	220	28	performance	performance	NOUN
hassl-848	220	29	.	.	PUNCT
hassl-848	221	1	in	in	ADP
hassl-848	221	2	this	this	DET
hassl-848	221	3	context	context	NOUN
hassl-848	221	4	,	,	PUNCT
hassl-848	221	5	audit	audit	NOUN
hassl-848	221	6	committee	committee	NOUN
hassl-848	221	7	structure	structure	NOUN
hassl-848	221	8	may	may	AUX
hassl-848	221	9	be	be	AUX
hassl-848	221	10	related	relate	VERB
hassl-848	221	11	to	to	ADP
hassl-848	221	12	the	the	DET
hassl-848	221	13	firm	firm	NOUN
hassl-848	221	14	that	that	PRON
hassl-848	221	15	could	could	AUX
hassl-848	221	16	engage	engage	VERB
hassl-848	221	17	in	in	ADP
hassl-848	221	18	earnings	earning	NOUN
hassl-848	221	19	management	management	NOUN
hassl-848	221	20	(	(	PUNCT
hassl-848	221	21	xie	xie	PROPN
hassl-848	221	22	,	,	PUNCT
hassl-848	221	23	davidson	davidson	PROPN
hassl-848	221	24	,	,	PUNCT
hassl-848	221	25	&	&	CCONJ
hassl-848	221	26	dadalt	dadalt	NOUN
hassl-848	221	27	,	,	PUNCT
hassl-848	221	28	2003	2003	NUM
hassl-848	221	29	)	)	PUNCT
hassl-848	221	30	and	and	CCONJ
hassl-848	221	31	the	the	DET
hassl-848	221	32	entirely	entirely	ADV
hassl-848	221	33	independent	independent	ADJ
hassl-848	221	34	committee	committee	NOUN
hassl-848	221	35	should	should	AUX
hassl-848	221	36	reduce	reduce	VERB
hassl-848	221	37	earning	earn	VERB
hassl-848	221	38	management	management	NOUN
hassl-848	221	39	(	(	PUNCT
hassl-848	221	40	saleh	saleh	NOUN
hassl-848	221	41	,	,	PUNCT
hassl-848	221	42	iskandar	iskandar	PROPN
hassl-848	221	43	,	,	PUNCT
hassl-848	221	44	&	&	CCONJ
hassl-848	221	45	rahmat	rahmat	PROPN
hassl-848	221	46	,	,	PUNCT
hassl-848	221	47	2007	2007	NUM
hassl-848	221	48	)	)	PUNCT
hassl-848	221	49	with	with	ADP
hassl-848	221	50	at	at	ADV
hassl-848	221	51	least	least	ADV
hassl-848	221	52	one	one	NUM
hassl-848	221	53	financial	financial	ADJ
hassl-848	221	54	expert	expert	NOUN
hassl-848	221	55	in	in	ADP
hassl-848	221	56	the	the	DET
hassl-848	221	57	audit	audit	NOUN
hassl-848	221	58	committee	committee	NOUN
hassl-848	221	59	is	be	AUX
hassl-848	221	60	found	find	VERB
hassl-848	221	61	to	to	PART
hassl-848	221	62	be	be	AUX
hassl-848	221	63	negatively	negatively	ADV
hassl-848	221	64	associated	associate	VERB
hassl-848	221	65	with	with	ADP
hassl-848	221	66	aggressive	aggressive	ADJ
hassl-848	221	67	earnings	earning	NOUN
hassl-848	221	68	management	management	NOUN
hassl-848	221	69	(	(	PUNCT
hassl-848	221	70	bédard	bédard	ADV
hassl-848	221	71	,	,	PUNCT
hassl-848	221	72	chtourou	chtourou	PROPN
hassl-848	221	73	,	,	PUNCT
hassl-848	221	74	&	&	CCONJ
hassl-848	221	75	courteau	courteau	PROPN
hassl-848	221	76	,	,	PUNCT
hassl-848	221	77	2004	2004	NUM
hassl-848	221	78	)	)	PUNCT
hassl-848	221	79	.	.	PUNCT
hassl-848	222	1	while	while	SCONJ
hassl-848	222	2	majority	majority	NOUN
hassl-848	222	3	of	of	ADP
hassl-848	222	4	audit	audit	NOUN
hassl-848	222	5	committees	committee	NOUN
hassl-848	222	6	independence	independence	NOUN
hassl-848	222	7	lead	lead	VERB
hassl-848	222	8	to	to	ADP
hassl-848	222	9	lower	low	ADJ
hassl-848	222	10	debt	debt	NOUN
hassl-848	222	11	financing	financing	NOUN
hassl-848	222	12	cost	cost	NOUN
hassl-848	222	13	(	(	PUNCT
hassl-848	222	14	anderson	anderson	PROPN
hassl-848	222	15	et	et	PROPN
hassl-848	222	16	al	al	PROPN
hassl-848	222	17	.	.	PROPN
hassl-848	222	18	,	,	PUNCT
hassl-848	222	19	2004	2004	NUM
hassl-848	222	20	)	)	PUNCT
hassl-848	222	21	.	.	PUNCT
hassl-848	223	1	in	in	ADP
hassl-848	223	2	fact	fact	NOUN
hassl-848	223	3	,	,	PUNCT
hassl-848	223	4	bursa	bursa	PROPN
hassl-848	223	5	malaysia	malaysia	NOUN
hassl-848	223	6	listing	list	VERB
hassl-848	223	7	requirement	requirement	NOUN
hassl-848	223	8	2001	2001	NUM
hassl-848	223	9	requires	require	VERB
hassl-848	223	10	plcs	plcs	PROPN
hassl-848	223	11	to	to	PART
hassl-848	223	12	maintain	maintain	VERB
hassl-848	223	13	audit	audit	NOUN
hassl-848	223	14	committees	committee	NOUN
hassl-848	223	15	with	with	ADP
hassl-848	223	16	a	a	DET
hassl-848	223	17	minimum	minimum	NOUN
hassl-848	223	18	of	of	ADP
hassl-848	223	19	three	three	NUM
hassl-848	223	20	members	member	NOUN
hassl-848	223	21	with	with	ADP
hassl-848	223	22	the	the	DET
hassl-848	223	23	majority	majority	NOUN
hassl-848	223	24	of	of	ADP
hassl-848	223	25	them	they	PRON
hassl-848	223	26	are	be	AUX
hassl-848	223	27	independent	independent	ADJ
hassl-848	223	28	non	non	ADJ
hassl-848	223	29	-	-	ADJ
hassl-848	223	30	executive	executive	ADJ
hassl-848	223	31	directors	director	NOUN
hassl-848	223	32	.	.	PUNCT
hassl-848	224	1	thus	thus	ADV
hassl-848	224	2	,	,	PUNCT
hassl-848	224	3	the	the	DET
hassl-848	224	4	following	follow	VERB
hassl-848	224	5	hypothesis	hypothesis	NOUN
hassl-848	224	6	is	be	AUX
hassl-848	224	7	developed	develop	VERB
hassl-848	224	8	.	.	PUNCT
hassl-848	225	1	h5	h5	PROPN
hassl-848	225	2	:	:	PUNCT
hassl-848	225	3	there	there	PRON
hassl-848	225	4	is	be	VERB
hassl-848	225	5	a	a	DET
hassl-848	225	6	negative	negative	ADJ
hassl-848	225	7	relationship	relationship	NOUN
hassl-848	225	8	between	between	ADP
hassl-848	225	9	the	the	DET
hassl-848	225	10	proportion	proportion	NOUN
hassl-848	225	11	of	of	ADP
hassl-848	225	12	board	board	NOUN
hassl-848	225	13	independence	independence	NOUN
hassl-848	225	14	on	on	ADP
hassl-848	225	15	the	the	DET
hassl-848	225	16	audit	audit	NOUN
hassl-848	225	17	committee	committee	NOUN
hassl-848	225	18	and	and	CCONJ
hassl-848	225	19	firm	firm	ADJ
hassl-848	225	20	risk	risk	NOUN
hassl-848	225	21	.	.	PUNCT
hassl-848	226	1	3.6	3.6	NUM
hassl-848	226	2	.	.	PUNCT
hassl-848	227	1	theoretical	theoretical	ADJ
hassl-848	227	2	framework	framework	NOUN
hassl-848	227	3	figure	figure	NOUN
hassl-848	227	4	1	1	NUM
hassl-848	227	5	presents	present	VERB
hassl-848	227	6	the	the	DET
hassl-848	227	7	framework	framework	NOUN
hassl-848	227	8	constructed	construct	VERB
hassl-848	227	9	from	from	ADP
hassl-848	227	10	the	the	DET
hassl-848	227	11	findings	finding	NOUN
hassl-848	227	12	on	on	ADP
hassl-848	227	13	prior	prior	ADJ
hassl-848	227	14	literatures	literature	NOUN
hassl-848	227	15	.	.	PUNCT
hassl-848	228	1	the	the	DET
hassl-848	228	2	independent	independent	ADJ
hassl-848	228	3	variable	variable	NOUN
hassl-848	228	4	is	be	AUX
hassl-848	228	5	corporate	corporate	ADJ
hassl-848	228	6	governance	governance	NOUN
hassl-848	228	7	mechanisms	mechanism	NOUN
hassl-848	228	8	consist	consist	VERB
hassl-848	228	9	of	of	ADP
hassl-848	228	10	board	board	NOUN
hassl-848	228	11	independence	independence	NOUN
hassl-848	228	12	,	,	PUNCT
hassl-848	228	13	board	board	NOUN
hassl-848	228	14	size	size	NOUN
hassl-848	228	15	,	,	PUNCT
hassl-848	228	16	ceo	ceo	NOUN
hassl-848	228	17	duality	duality	NOUN
hassl-848	228	18	and	and	CCONJ
hassl-848	228	19	existence	existence	NOUN
hassl-848	228	20	of	of	ADP
hassl-848	228	21	audit	audit	NOUN
hassl-848	228	22	and	and	CCONJ
hassl-848	228	23	nomination	nomination	NOUN
hassl-848	228	24	and	and	CCONJ
hassl-848	228	25	independence	independence	NOUN
hassl-848	228	26	of	of	ADP
hassl-848	228	27	audit	audit	NOUN
hassl-848	228	28	committee	committee	NOUN
hassl-848	228	29	.	.	PUNCT
hassl-848	229	1	the	the	DET
hassl-848	229	2	independent	independent	ADJ
hassl-848	229	3	variable	variable	NOUN
hassl-848	229	4	is	be	AUX
hassl-848	229	5	initially	initially	ADV
hassl-848	229	6	adopted	adopt	VERB
hassl-848	229	7	from	from	ADP
hassl-848	229	8	reverte	reverte	NOUN
hassl-848	229	9	(	(	PUNCT
hassl-848	229	10	2009	2009	NUM
hassl-848	229	11	)	)	PUNCT
hassl-848	229	12	which	which	PRON
hassl-848	229	13	has	have	AUX
hassl-848	229	14	been	be	AUX
hassl-848	229	15	constructed	construct	VERB
hassl-848	229	16	from	from	ADP
hassl-848	229	17	related	relate	VERB
hassl-848	229	18	previous	previous	ADJ
hassl-848	229	19	literature	literature	NOUN
hassl-848	229	20	.	.	PUNCT
hassl-848	230	1	then	then	ADV
hassl-848	230	2	,	,	PUNCT
hassl-848	230	3	the	the	DET
hassl-848	230	4	dependent	dependent	ADJ
hassl-848	230	5	variable	variable	NOUN
hassl-848	230	6	which	which	PRON
hassl-848	230	7	is	be	AUX
hassl-848	230	8	firm	firm	ADJ
hassl-848	230	9	risk	risk	NOUN
hassl-848	230	10	is	be	AUX
hassl-848	230	11	measured	measure	VERB
hassl-848	230	12	by	by	ADP
hassl-848	230	13	cost	cost	NOUN
hassl-848	230	14	of	of	ADP
hassl-848	230	15	equity	equity	NOUN
hassl-848	230	16	capital	capital	NOUN
hassl-848	230	17	.	.	PUNCT
hassl-848	231	1	the	the	DET
hassl-848	231	2	same	same	ADJ
hassl-848	231	3	measurement	measurement	NOUN
hassl-848	231	4	used	use	VERB
hassl-848	231	5	by	by	ADP
hassl-848	231	6	gul	gul	PROPN
hassl-848	231	7	et	et	PROPN
hassl-848	231	8	al	al	PROPN
hassl-848	231	9	.	.	PROPN
hassl-848	232	1	(	(	PUNCT
hassl-848	232	2	2016	2016	NUM
hassl-848	232	3	)	)	PUNCT
hassl-848	232	4	in	in	ADP
hassl-848	232	5	their	their	PRON
hassl-848	232	6	study	study	NOUN
hassl-848	232	7	in	in	ADP
hassl-848	232	8	the	the	DET
hassl-848	232	9	humanities	humanity	NOUN
hassl-848	232	10	and	and	CCONJ
hassl-848	232	11	social	social	ADJ
hassl-848	232	12	sciences	science	NOUN
hassl-848	232	13	letters	letter	NOUN
hassl-848	232	14	,	,	PUNCT
hassl-848	232	15	2020	2020	NUM
hassl-848	232	16	,	,	PUNCT
hassl-848	232	17	8(2	8(2	NUM
hassl-848	232	18	):	):	PUNCT
hassl-848	232	19	169	169	NUM
hassl-848	232	20	-	-	SYM
hassl-848	232	21	193	193	NUM
hassl-848	232	22	177	177	NUM
hassl-848	232	23	©	©	PROPN
hassl-848	232	24	2020	2020	NUM
hassl-848	232	25	conscientia	conscientia	PROPN
hassl-848	232	26	beam	beam	PROPN
hassl-848	232	27	.	.	PUNCT
hassl-848	233	1	all	all	DET
hassl-848	233	2	rights	right	NOUN
hassl-848	233	3	reserved	reserve	VERB
hassl-848	233	4	.	.	PUNCT
hassl-848	234	1	argument	argument	NOUN
hassl-848	234	2	of	of	ADP
hassl-848	234	3	higher	high	ADJ
hassl-848	234	4	corporate	corporate	ADJ
hassl-848	234	5	governance	governance	NOUN
hassl-848	234	6	leads	lead	VERB
hassl-848	234	7	to	to	ADP
hassl-848	234	8	lower	low	ADJ
hassl-848	234	9	cost	cost	NOUN
hassl-848	234	10	of	of	ADP
hassl-848	234	11	capital	capital	NOUN
hassl-848	234	12	in	in	ADP
hassl-848	234	13	small	small	ADJ
hassl-848	234	14	,	,	PUNCT
hassl-848	234	15	medium	medium	ADJ
hassl-848	234	16	and	and	CCONJ
hassl-848	234	17	large	large	ADJ
hassl-848	234	18	firms	firm	NOUN
hassl-848	234	19	in	in	ADP
hassl-848	234	20	pakistan	pakistan	PROPN
hassl-848	234	21	stock	stock	PROPN
hassl-848	234	22	exchange	exchange	PROPN
hassl-848	234	23	.	.	PUNCT
hassl-848	235	1	figure-1	figure-1	NOUN
hassl-848	235	2	.	.	PUNCT
hassl-848	235	3	theoretical	theoretical	ADJ
hassl-848	235	4	framework	framework	NOUN
hassl-848	235	5	.	.	PUNCT
hassl-848	236	1	4	4	X
hassl-848	236	2	.	.	X
hassl-848	236	3	methodology	methodology	NOUN
hassl-848	236	4	4.1	4.1	NUM
hassl-848	236	5	.	.	PUNCT
hassl-848	237	1	sample	sample	NOUN
hassl-848	237	2	selection	selection	NOUN
hassl-848	237	3	population	population	NOUN
hassl-848	237	4	can	can	AUX
hassl-848	237	5	be	be	AUX
hassl-848	237	6	defined	define	VERB
hassl-848	237	7	as	as	ADP
hassl-848	237	8	the	the	DET
hassl-848	237	9	entire	entire	ADJ
hassl-848	237	10	group	group	NOUN
hassl-848	237	11	or	or	CCONJ
hassl-848	237	12	people	people	NOUN
hassl-848	237	13	that	that	PRON
hassl-848	237	14	the	the	DET
hassl-848	237	15	researcher	researcher	NOUN
hassl-848	237	16	wishes	wish	VERB
hassl-848	237	17	to	to	PART
hassl-848	237	18	investigate	investigate	VERB
hassl-848	237	19	(	(	PUNCT
hassl-848	237	20	uma	uma	PROPN
hassl-848	237	21	,	,	PUNCT
hassl-848	237	22	2003	2003	NUM
hassl-848	237	23	)	)	PUNCT
hassl-848	237	24	.	.	PUNCT
hassl-848	238	1	in	in	ADP
hassl-848	238	2	this	this	DET
hassl-848	238	3	study	study	NOUN
hassl-848	238	4	,	,	PUNCT
hassl-848	238	5	sample	sample	NOUN
hassl-848	238	6	is	be	AUX
hassl-848	238	7	selected	select	VERB
hassl-848	238	8	from	from	ADP
hassl-848	238	9	the	the	DET
hassl-848	238	10	population	population	NOUN
hassl-848	238	11	of	of	ADP
hassl-848	238	12	public	public	ADJ
hassl-848	238	13	listed	list	VERB
hassl-848	238	14	companies	company	NOUN
hassl-848	238	15	(	(	PUNCT
hassl-848	238	16	plcs	plcs	PROPN
hassl-848	238	17	)	)	PUNCT
hassl-848	238	18	from	from	ADP
hassl-848	238	19	main	main	ADJ
hassl-848	238	20	market	market	NOUN
hassl-848	238	21	bursa	bursa	NOUN
hassl-848	238	22	malaysia	malaysia	NOUN
hassl-848	238	23	which	which	PRON
hassl-848	238	24	comply	comply	VERB
hassl-848	238	25	with	with	ADP
hassl-848	238	26	the	the	DET
hassl-848	238	27	shariah	shariah	PROPN
hassl-848	238	28	in	in	ADP
hassl-848	238	29	the	the	DET
hassl-848	238	30	islamic	islamic	ADJ
hassl-848	238	31	capital	capital	NOUN
hassl-848	238	32	market	market	NOUN
hassl-848	238	33	(	(	PUNCT
hassl-848	238	34	icm	icm	NOUN
hassl-848	238	35	)	)	PUNCT
hassl-848	238	36	consisting	consist	VERB
hassl-848	238	37	of	of	ADP
hassl-848	238	38	various	various	ADJ
hassl-848	238	39	sectors	sector	NOUN
hassl-848	238	40	such	such	ADJ
hassl-848	238	41	as	as	ADP
hassl-848	238	42	construction	construction	NOUN
hassl-848	238	43	,	,	PUNCT
hassl-848	238	44	consumer	consumer	NOUN
hassl-848	238	45	product	product	NOUN
hassl-848	238	46	,	,	PUNCT
hassl-848	238	47	industrial	industrial	ADJ
hassl-848	238	48	product	product	NOUN
hassl-848	238	49	,	,	PUNCT
hassl-848	238	50	plantation	plantation	NOUN
hassl-848	238	51	,	,	PUNCT
hassl-848	238	52	properties	property	NOUN
hassl-848	238	53	,	,	PUNCT
hassl-848	238	54	technology	technology	NOUN
hassl-848	238	55	,	,	PUNCT
hassl-848	238	56	trading	trading	NOUN
hassl-848	238	57	and	and	CCONJ
hassl-848	238	58	service	service	NOUN
hassl-848	238	59	.	.	PUNCT
hassl-848	239	1	the	the	DET
hassl-848	239	2	sample	sample	NOUN
hassl-848	239	3	is	be	AUX
hassl-848	239	4	chosen	choose	VERB
hassl-848	239	5	from	from	ADP
hassl-848	239	6	302	302	NUM
hassl-848	239	7	companies	company	NOUN
hassl-848	239	8	from	from	ADP
hassl-848	239	9	year	year	NOUN
hassl-848	239	10	2013	2013	NUM
hassl-848	239	11	until	until	ADP
hassl-848	239	12	2016	2016	NUM
hassl-848	239	13	.	.	PUNCT
hassl-848	240	1	reverte	reverte	NOUN
hassl-848	240	2	(	(	PUNCT
hassl-848	240	3	2009	2009	NUM
hassl-848	240	4	)	)	PUNCT
hassl-848	240	5	used	use	VERB
hassl-848	240	6	data	datum	NOUN
hassl-848	240	7	from	from	ADP
hassl-848	240	8	2000	2000	NUM
hassl-848	240	9	to	to	ADP
hassl-848	240	10	2004	2004	NUM
hassl-848	240	11	because	because	SCONJ
hassl-848	240	12	the	the	DET
hassl-848	240	13	researcher	researcher	NOUN
hassl-848	240	14	suggest	suggest	VERB
hassl-848	240	15	that	that	SCONJ
hassl-848	240	16	firms	firm	NOUN
hassl-848	240	17	should	should	AUX
hassl-848	240	18	have	have	VERB
hassl-848	240	19	the	the	DET
hassl-848	240	20	necessary	necessary	ADJ
hassl-848	240	21	data	datum	NOUN
hassl-848	240	22	to	to	PART
hassl-848	240	23	compute	compute	VERB
hassl-848	240	24	the	the	DET
hassl-848	240	25	cost	cost	NOUN
hassl-848	240	26	of	of	ADP
hassl-848	240	27	equity	equity	NOUN
hassl-848	240	28	capital	capital	NOUN
hassl-848	240	29	,	,	PUNCT
hassl-848	240	30	such	such	ADJ
hassl-848	240	31	as	as	SCONJ
hassl-848	240	32	analysts	analyst	NOUN
hassl-848	240	33	forecasts	forecast	VERB
hassl-848	240	34	for	for	ADP
hassl-848	240	35	one	one	NUM
hassl-848	240	36	-	-	PUNCT
hassl-848	240	37	year	year	NOUN
hassl-848	240	38	and	and	CCONJ
hassl-848	240	39	two	two	NUM
hassl-848	240	40	-	-	PUNCT
hassl-848	240	41	year	year	NOUN
hassl-848	240	42	ahead	ahead	ADJ
hassl-848	240	43	earnings	earning	NOUN
hassl-848	240	44	per	per	ADP
hassl-848	240	45	share	share	NOUN
hassl-848	240	46	.	.	PUNCT
hassl-848	241	1	however	however	ADV
hassl-848	241	2	,	,	PUNCT
hassl-848	241	3	kevin	kevin	PROPN
hassl-848	241	4	,	,	PUNCT
hassl-848	241	5	wei	wei	PROPN
hassl-848	241	6	,	,	PUNCT
hassl-848	241	7	and	and	CCONJ
hassl-848	241	8	chen	chen	PROPN
hassl-848	241	9	(	(	PUNCT
hassl-848	241	10	2003	2003	NUM
hassl-848	241	11	)	)	PUNCT
hassl-848	241	12	only	only	ADV
hassl-848	241	13	used	use	VERB
hassl-848	241	14	two	two	NUM
hassl-848	241	15	-	-	PUNCT
hassl-848	241	16	years	year	NOUN
hassl-848	241	17	period	period	NOUN
hassl-848	241	18	from	from	ADP
hassl-848	241	19	2001	2001	NUM
hassl-848	241	20	to	to	ADP
hassl-848	241	21	2002	2002	NUM
hassl-848	241	22	based	base	VERB
hassl-848	241	23	on	on	ADP
hassl-848	241	24	their	their	PRON
hassl-848	241	25	argument	argument	NOUN
hassl-848	241	26	where	where	SCONJ
hassl-848	241	27	they	they	PRON
hassl-848	241	28	only	only	ADV
hassl-848	241	29	focus	focus	VERB
hassl-848	241	30	on	on	ADP
hassl-848	241	31	different	different	ADJ
hassl-848	241	32	effects	effect	NOUN
hassl-848	241	33	of	of	ADP
hassl-848	241	34	disclosure	disclosure	NOUN
hassl-848	241	35	and	and	CCONJ
hassl-848	241	36	non	non	ADJ
hassl-848	241	37	-	-	ADJ
hassl-848	241	38	disclosure	disclosure	ADJ
hassl-848	241	39	corporate	corporate	ADJ
hassl-848	241	40	governance	governance	NOUN
hassl-848	241	41	on	on	ADP
hassl-848	241	42	the	the	DET
hassl-848	241	43	cost	cost	NOUN
hassl-848	241	44	of	of	ADP
hassl-848	241	45	equity	equity	NOUN
hassl-848	241	46	capital	capital	NOUN
hassl-848	241	47	,	,	PUNCT
hassl-848	241	48	the	the	DET
hassl-848	241	49	certain	certain	ADJ
hassl-848	241	50	data	datum	NOUN
hassl-848	241	51	are	be	AUX
hassl-848	241	52	not	not	PART
hassl-848	241	53	been	be	AUX
hassl-848	241	54	used	use	VERB
hassl-848	241	55	.	.	PUNCT
hassl-848	242	1	hence	hence	ADV
hassl-848	242	2	,	,	PUNCT
hassl-848	242	3	in	in	ADP
hassl-848	242	4	this	this	DET
hassl-848	242	5	study	study	NOUN
hassl-848	242	6	the	the	DET
hassl-848	242	7	data	datum	NOUN
hassl-848	242	8	from	from	ADP
hassl-848	242	9	2013	2013	NUM
hassl-848	242	10	until	until	ADP
hassl-848	242	11	2016	2016	NUM
hassl-848	242	12	are	be	AUX
hassl-848	242	13	consider	consider	VERB
hassl-848	242	14	enough	enough	ADJ
hassl-848	242	15	according	accord	VERB
hassl-848	242	16	to	to	ADP
hassl-848	242	17	previous	previous	ADJ
hassl-848	242	18	studies	study	NOUN
hassl-848	242	19	on	on	ADP
hassl-848	242	20	cost	cost	NOUN
hassl-848	242	21	of	of	ADP
hassl-848	242	22	equity	equity	NOUN
hassl-848	242	23	capital	capital	NOUN
hassl-848	242	24	and	and	CCONJ
hassl-848	242	25	corporate	corporate	ADJ
hassl-848	242	26	governance	governance	NOUN
hassl-848	242	27	mechanisms	mechanism	NOUN
hassl-848	242	28	.	.	PUNCT
hassl-848	243	1	4.2	4.2	NUM
hassl-848	243	2	.	.	PUNCT
hassl-848	243	3	sampling	sample	VERB
hassl-848	243	4	technique	technique	NOUN
hassl-848	243	5	the	the	DET
hassl-848	243	6	selection	selection	NOUN
hassl-848	243	7	of	of	ADP
hassl-848	243	8	sample	sample	NOUN
hassl-848	243	9	in	in	ADP
hassl-848	243	10	this	this	DET
hassl-848	243	11	study	study	NOUN
hassl-848	243	12	is	be	AUX
hassl-848	243	13	employed	employ	VERB
hassl-848	243	14	through	through	ADP
hassl-848	243	15	systematic	systematic	ADJ
hassl-848	243	16	sampling	sampling	NOUN
hassl-848	243	17	which	which	PRON
hassl-848	243	18	is	be	AUX
hassl-848	243	19	one	one	NUM
hassl-848	243	20	of	of	ADP
hassl-848	243	21	the	the	DET
hassl-848	243	22	probability	probability	NOUN
hassl-848	243	23	sampling	sample	VERB
hassl-848	243	24	techniques	technique	NOUN
hassl-848	243	25	.	.	PUNCT
hassl-848	244	1	in	in	ADP
hassl-848	244	2	this	this	DET
hassl-848	244	3	study	study	NOUN
hassl-848	244	4	,	,	PUNCT
hassl-848	244	5	systematic	systematic	ADJ
hassl-848	244	6	sampling	sampling	NOUN
hassl-848	244	7	is	be	AUX
hassl-848	244	8	used	use	VERB
hassl-848	244	9	by	by	ADP
hassl-848	244	10	selecting	select	VERB
hassl-848	244	11	of	of	ADP
hassl-848	244	12	sample	sample	NOUN
hassl-848	244	13	every	every	DET
hassl-848	244	14	third	third	ADJ
hassl-848	244	15	company	company	NOUN
hassl-848	244	16	starting	start	VERB
hassl-848	244	17	from	from	ADP
hassl-848	244	18	a	a	DET
hassl-848	244	19	random	random	ADJ
hassl-848	244	20	number	number	NOUN
hassl-848	244	21	from	from	ADP
hassl-848	244	22	1	1	NUM
hassl-848	244	23	to	to	ADP
hassl-848	244	24	3	3	NUM
hassl-848	244	25	.	.	PUNCT
hassl-848	245	1	then	then	ADV
hassl-848	245	2	company	company	NOUN
hassl-848	245	3	number	number	NOUN
hassl-848	245	4	3	3	NUM
hassl-848	245	5	is	be	AUX
hassl-848	245	6	selected	select	VERB
hassl-848	245	7	,	,	PUNCT
hassl-848	245	8	so	so	CCONJ
hassl-848	245	9	the	the	DET
hassl-848	245	10	sequence	sequence	NOUN
hassl-848	245	11	are	be	AUX
hassl-848	245	12	3	3	NUM
hassl-848	245	13	,	,	PUNCT
hassl-848	245	14	6	6	NUM
hassl-848	245	15	,	,	PUNCT
hassl-848	245	16	9	9	NUM
hassl-848	245	17	,	,	PUNCT
hassl-848	245	18	11	11	NUM
hassl-848	245	19	,	,	PUNCT
hassl-848	245	20	and	and	CCONJ
hassl-848	245	21	etc	etc	X
hassl-848	245	22	,	,	PUNCT
hassl-848	245	23	would	would	AUX
hassl-848	245	24	be	be	AUX
hassl-848	245	25	sampled	sample	VERB
hassl-848	245	26	until	until	SCONJ
hassl-848	245	27	the	the	DET
hassl-848	245	28	302	302	NUM
hassl-848	245	29	companies	company	NOUN
hassl-848	245	30	are	be	AUX
hassl-848	245	31	selected	select	VERB
hassl-848	245	32	(	(	PUNCT
hassl-848	245	33	sekaran	sekaran	NOUN
hassl-848	245	34	,	,	PUNCT
hassl-848	245	35	2013	2013	NUM
hassl-848	245	36	)	)	PUNCT
hassl-848	245	37	.	.	PUNCT
hassl-848	246	1	from	from	ADP
hassl-848	246	2	this	this	DET
hassl-848	246	3	viewpoint	viewpoint	NOUN
hassl-848	246	4	,	,	PUNCT
hassl-848	246	5	it	it	PRON
hassl-848	246	6	will	will	AUX
hassl-848	246	7	be	be	AUX
hassl-848	246	8	assumed	assume	VERB
hassl-848	246	9	that	that	SCONJ
hassl-848	246	10	each	each	DET
hassl-848	246	11	sample	sample	NOUN
hassl-848	246	12	has	have	VERB
hassl-848	246	13	the	the	DET
hassl-848	246	14	same	same	ADJ
hassl-848	246	15	probability	probability	NOUN
hassl-848	246	16	of	of	ADP
hassl-848	246	17	being	be	AUX
hassl-848	246	18	selected	select	VERB
hassl-848	246	19	(	(	PUNCT
hassl-848	246	20	barreiro	barreiro	PROPN
hassl-848	246	21	&	&	CCONJ
hassl-848	246	22	albandoz	albandoz	PROPN
hassl-848	246	23	,	,	PUNCT
hassl-848	246	24	2001	2001	NUM
hassl-848	246	25	;	;	PUNCT
hassl-848	246	26	sekaran	sekaran	NOUN
hassl-848	246	27	,	,	PUNCT
hassl-848	246	28	2013	2013	NUM
hassl-848	246	29	)	)	PUNCT
hassl-848	246	30	.	.	PUNCT
hassl-848	247	1	the	the	DET
hassl-848	247	2	samples	sample	NOUN
hassl-848	247	3	selected	select	VERB
hassl-848	247	4	are	be	AUX
hassl-848	247	5	shown	show	VERB
hassl-848	247	6	in	in	ADP
hassl-848	247	7	table	table	NOUN
hassl-848	247	8	1	1	NUM
hassl-848	247	9	:	:	PUNCT
hassl-848	247	10	table-1	table-1	NUM
hassl-848	247	11	.	.	PUNCT
hassl-848	248	1	summary	summary	NOUN
hassl-848	248	2	of	of	ADP
hassl-848	248	3	sample	sample	NOUN
hassl-848	248	4	selected	select	VERB
hassl-848	248	5	.	.	PUNCT
hassl-848	249	1	sectors	sector	NOUN
hassl-848	249	2	no	no	INTJ
hassl-848	249	3	.	.	PUNCT
hassl-848	249	4	of	of	ADP
hassl-848	249	5	companies	company	NOUN
hassl-848	249	6	percentage	percentage	NOUN
hassl-848	249	7	(	(	PUNCT
hassl-848	249	8	%	%	NOUN
hassl-848	249	9	)	)	PUNCT
hassl-848	249	10	of	of	ADP
hassl-848	249	11	sample	sample	NOUN
hassl-848	249	12	construction	construction	NOUN
hassl-848	249	13	26	26	NUM
hassl-848	249	14	8.7	8.7	NUM
hassl-848	249	15	%	%	NOUN
hassl-848	249	16	consumer	consumer	NOUN
hassl-848	249	17	product	product	NOUN
hassl-848	249	18	50	50	NUM
hassl-848	249	19	16.4	16.4	NUM
hassl-848	249	20	%	%	NOUN
hassl-848	249	21	industrial	industrial	ADJ
hassl-848	249	22	product	product	NOUN
hassl-848	249	23	85	85	NUM
hassl-848	249	24	28.2	28.2	NUM
hassl-848	249	25	%	%	NOUN
hassl-848	249	26	plantation	plantation	NOUN
hassl-848	249	27	15	15	NUM
hassl-848	249	28	4.9	4.9	NUM
hassl-848	249	29	%	%	NOUN
hassl-848	249	30	properties	property	NOUN
hassl-848	249	31	45	45	NUM
hassl-848	249	32	14.9	14.9	NUM
hassl-848	249	33	%	%	NOUN
hassl-848	249	34	technology	technology	NOUN
hassl-848	249	35	13	13	NUM
hassl-848	249	36	4.4	4.4	NUM
hassl-848	249	37	%	%	NOUN
hassl-848	249	38	trading	trading	NOUN
hassl-848	249	39	and	and	CCONJ
hassl-848	249	40	service	service	NOUN
hassl-848	249	41	68	68	NUM
hassl-848	249	42	22.5	22.5	NUM
hassl-848	249	43	%	%	NOUN
hassl-848	249	44	total	total	NOUN
hassl-848	249	45	302	302	NUM
hassl-848	249	46	100	100	NUM
hassl-848	249	47	%	%	NOUN
hassl-848	249	48	source	source	NOUN
hassl-848	249	49	:	:	PUNCT
hassl-848	249	50	sampling	sample	VERB
hassl-848	249	51	techniques	technique	NOUN
hassl-848	249	52	(	(	PUNCT
hassl-848	249	53	sekaran	sekaran	NOUN
hassl-848	249	54	,	,	PUNCT
hassl-848	249	55	2013	2013	NUM
hassl-848	249	56	)	)	PUNCT
hassl-848	249	57	.	.	PUNCT
hassl-848	250	1	humanities	humanity	NOUN
hassl-848	250	2	and	and	CCONJ
hassl-848	250	3	social	social	ADJ
hassl-848	250	4	sciences	science	NOUN
hassl-848	250	5	letters	letter	NOUN
hassl-848	250	6	,	,	PUNCT
hassl-848	250	7	2020	2020	NUM
hassl-848	250	8	,	,	PUNCT
hassl-848	250	9	8(2	8(2	NUM
hassl-848	250	10	):	):	PUNCT
hassl-848	250	11	169	169	NUM
hassl-848	250	12	-	-	SYM
hassl-848	250	13	193	193	NUM
hassl-848	250	14	178	178	NUM
hassl-848	250	15	©	©	PROPN
hassl-848	250	16	2020	2020	NUM
hassl-848	250	17	conscientia	conscientia	PROPN
hassl-848	250	18	beam	beam	PROPN
hassl-848	250	19	.	.	PUNCT
hassl-848	251	1	all	all	DET
hassl-848	251	2	rights	right	NOUN
hassl-848	251	3	reserved	reserve	VERB
hassl-848	251	4	.	.	PUNCT
hassl-848	252	1	4.3	4.3	NUM
hassl-848	252	2	.	.	PUNCT
hassl-848	252	3	data	datum	NOUN
hassl-848	252	4	collection	collection	NOUN
hassl-848	252	5	method	method	NOUN
hassl-848	252	6	the	the	DET
hassl-848	252	7	main	main	ADJ
hassl-848	252	8	source	source	NOUN
hassl-848	252	9	of	of	ADP
hassl-848	252	10	information	information	NOUN
hassl-848	252	11	analysis	analysis	NOUN
hassl-848	252	12	employed	employ	VERB
hassl-848	252	13	in	in	ADP
hassl-848	252	14	this	this	DET
hassl-848	252	15	study	study	NOUN
hassl-848	252	16	is	be	AUX
hassl-848	252	17	the	the	DET
hassl-848	252	18	secondary	secondary	ADJ
hassl-848	252	19	data	datum	NOUN
hassl-848	252	20	.	.	PUNCT
hassl-848	253	1	the	the	DET
hassl-848	253	2	secondary	secondary	ADJ
hassl-848	253	3	data	datum	NOUN
hassl-848	253	4	is	be	AUX
hassl-848	253	5	used	use	VERB
hassl-848	253	6	in	in	ADP
hassl-848	253	7	order	order	NOUN
hassl-848	253	8	to	to	PART
hassl-848	253	9	generate	generate	VERB
hassl-848	253	10	new	new	ADJ
hassl-848	253	11	insights	insight	NOUN
hassl-848	253	12	from	from	ADP
hassl-848	253	13	previous	previous	ADJ
hassl-848	253	14	analyses	analysis	NOUN
hassl-848	253	15	.	.	PUNCT
hassl-848	254	1	this	this	DET
hassl-848	254	2	study	study	NOUN
hassl-848	254	3	uses	use	VERB
hassl-848	254	4	the	the	DET
hassl-848	254	5	data	datum	NOUN
hassl-848	254	6	related	relate	VERB
hassl-848	254	7	to	to	ADP
hassl-848	254	8	companies	company	NOUN
hassl-848	254	9	classified	classify	VERB
hassl-848	254	10	as	as	ADP
hassl-848	254	11	shariah	shariah	PROPN
hassl-848	254	12	compliance	compliance	NOUN
hassl-848	254	13	of	of	ADP
hassl-848	254	14	main	main	ADJ
hassl-848	254	15	market	market	NOUN
hassl-848	254	16	in	in	ADP
hassl-848	254	17	bursa	bursa	PROPN
hassl-848	254	18	malaysia	malaysia	PROPN
hassl-848	254	19	.	.	PUNCT
hassl-848	255	1	moreover	moreover	ADV
hassl-848	255	2	,	,	PUNCT
hassl-848	255	3	the	the	DET
hassl-848	255	4	data	datum	NOUN
hassl-848	255	5	of	of	ADP
hassl-848	255	6	this	this	DET
hassl-848	255	7	study	study	NOUN
hassl-848	255	8	consists	consist	VERB
hassl-848	255	9	of	of	ADP
hassl-848	255	10	financial	financial	ADJ
hassl-848	255	11	data	datum	NOUN
hassl-848	255	12	which	which	PRON
hassl-848	255	13	is	be	AUX
hassl-848	255	14	obtained	obtain	VERB
hassl-848	255	15	from	from	ADP
hassl-848	255	16	firm	firm	NOUN
hassl-848	255	17	’s	’s	PART
hassl-848	255	18	annual	annual	ADJ
hassl-848	255	19	reports	report	NOUN
hassl-848	255	20	which	which	PRON
hassl-848	255	21	are	be	AUX
hassl-848	255	22	downloaded	download	VERB
hassl-848	255	23	directly	directly	ADV
hassl-848	255	24	from	from	ADP
hassl-848	255	25	bursa	bursa	PROPN
hassl-848	255	26	malaysia	malaysia	PROPN
hassl-848	255	27	website	website	NOUN
hassl-848	255	28	and	and	CCONJ
hassl-848	255	29	partly	partly	ADV
hassl-848	255	30	from	from	ADP
hassl-848	255	31	osiris	osiris	PROPN
hassl-848	255	32	website	website	NOUN
hassl-848	255	33	for	for	ADP
hassl-848	255	34	each	each	DET
hassl-848	255	35	individual	individual	ADJ
hassl-848	255	36	sample	sample	NOUN
hassl-848	255	37	firms	firm	NOUN
hassl-848	255	38	.	.	PUNCT
hassl-848	256	1	whereas	whereas	SCONJ
hassl-848	256	2	for	for	ADP
hassl-848	256	3	the	the	DET
hassl-848	256	4	dependent	dependent	ADJ
hassl-848	256	5	variable	variable	ADJ
hassl-848	256	6	data	datum	NOUN
hassl-848	256	7	,	,	PUNCT
hassl-848	256	8	the	the	DET
hassl-848	256	9	market	market	NOUN
hassl-848	256	10	return	return	NOUN
hassl-848	256	11	rate	rate	NOUN
hassl-848	256	12	and	and	CCONJ
hassl-848	256	13	risk	risk	NOUN
hassl-848	256	14	free	free	ADJ
hassl-848	256	15	rate	rate	NOUN
hassl-848	256	16	are	be	AUX
hassl-848	256	17	obtained	obtain	VERB
hassl-848	256	18	from	from	ADP
hassl-848	256	19	treasury	treasury	PROPN
hassl-848	256	20	bills	bill	NOUN
hassl-848	256	21	rate	rate	NOUN
hassl-848	256	22	and	and	CCONJ
hassl-848	256	23	amanah	amanah	VERB
hassl-848	256	24	saham	saham	PROPN
hassl-848	256	25	nasional	nasional	PROPN
hassl-848	256	26	(	(	PUNCT
hassl-848	256	27	asnb	asnb	ADJ
hassl-848	256	28	)	)	PUNCT
hassl-848	256	29	rate	rate	NOUN
hassl-848	256	30	for	for	ADP
hassl-848	256	31	the	the	DET
hassl-848	256	32	year	year	NOUN
hassl-848	256	33	2013	2013	NUM
hassl-848	256	34	until	until	ADP
hassl-848	256	35	2016	2016	NUM
hassl-848	256	36	.	.	PUNCT
hassl-848	257	1	last	last	ADJ
hassl-848	257	2	but	but	CCONJ
hassl-848	257	3	not	not	PART
hassl-848	257	4	least	least	ADJ
hassl-848	257	5	,	,	PUNCT
hassl-848	257	6	beta	beta	NOUN
hassl-848	257	7	of	of	ADP
hassl-848	257	8	the	the	DET
hassl-848	257	9	companies	company	NOUN
hassl-848	257	10	is	be	AUX
hassl-848	257	11	estimated	estimate	VERB
hassl-848	257	12	from	from	ADP
hassl-848	257	13	share	share	NOUN
hassl-848	257	14	’s	’s	PART
hassl-848	257	15	return	return	NOUN
hassl-848	257	16	on	on	ADP
hassl-848	257	17	the	the	DET
hassl-848	257	18	market	market	NOUN
hassl-848	257	19	’s	’s	PART
hassl-848	257	20	return	return	NOUN
hassl-848	257	21	.	.	PUNCT
hassl-848	258	1	4.4	4.4	NUM
hassl-848	258	2	.	.	PUNCT
hassl-848	258	3	measurement	measurement	NOUN
hassl-848	258	4	of	of	ADP
hassl-848	258	5	variables	variable	NOUN
hassl-848	258	6	4.4.1	4.4.1	NUM
hassl-848	258	7	.	.	PUNCT
hassl-848	259	1	dependent	dependent	ADJ
hassl-848	259	2	variable	variable	NOUN
hassl-848	259	3	(	(	PUNCT
hassl-848	259	4	firm	firm	ADJ
hassl-848	259	5	risk	risk	NOUN
hassl-848	259	6	)	)	PUNCT
hassl-848	259	7	the	the	DET
hassl-848	259	8	dependent	dependent	ADJ
hassl-848	259	9	variable	variable	NOUN
hassl-848	259	10	for	for	ADP
hassl-848	259	11	this	this	DET
hassl-848	259	12	study	study	NOUN
hassl-848	259	13	is	be	AUX
hassl-848	259	14	firm	firm	ADJ
hassl-848	259	15	risk	risk	NOUN
hassl-848	259	16	.	.	PUNCT
hassl-848	260	1	generally	generally	ADV
hassl-848	260	2	,	,	PUNCT
hassl-848	260	3	the	the	DET
hassl-848	260	4	risk	risk	NOUN
hassl-848	260	5	for	for	ADP
hassl-848	260	6	any	any	DET
hassl-848	260	7	security	security	NOUN
hassl-848	260	8	is	be	AUX
hassl-848	260	9	divided	divide	VERB
hassl-848	260	10	into	into	ADP
hassl-848	260	11	two	two	NUM
hassl-848	260	12	parts	part	NOUN
hassl-848	260	13	which	which	PRON
hassl-848	260	14	are	be	AUX
hassl-848	260	15	systematic	systematic	ADJ
hassl-848	260	16	or	or	CCONJ
hassl-848	260	17	market	market	NOUN
hassl-848	260	18	risk	risk	NOUN
hassl-848	260	19	and	and	CCONJ
hassl-848	260	20	unsystematic	unsystematic	ADJ
hassl-848	260	21	or	or	CCONJ
hassl-848	260	22	specific	specific	ADJ
hassl-848	260	23	risk	risk	NOUN
hassl-848	260	24	.	.	PUNCT
hassl-848	261	1	the	the	DET
hassl-848	261	2	systematic	systematic	ADJ
hassl-848	261	3	risk	risk	NOUN
hassl-848	261	4	is	be	AUX
hassl-848	261	5	the	the	DET
hassl-848	261	6	component	component	NOUN
hassl-848	261	7	of	of	ADP
hassl-848	261	8	total	total	ADJ
hassl-848	261	9	risk	risk	NOUN
hassl-848	261	10	and	and	CCONJ
hassl-848	261	11	it	it	PRON
hassl-848	261	12	can	can	AUX
hassl-848	261	13	not	not	PART
hassl-848	261	14	be	be	AUX
hassl-848	261	15	eliminated	eliminate	VERB
hassl-848	261	16	through	through	ADP
hassl-848	261	17	portfolio	portfolio	NOUN
hassl-848	261	18	diversification	diversification	NOUN
hassl-848	261	19	.	.	PUNCT
hassl-848	262	1	whereas	whereas	SCONJ
hassl-848	262	2	,	,	PUNCT
hassl-848	262	3	the	the	DET
hassl-848	262	4	unsystematic	unsystematic	ADJ
hassl-848	262	5	risk	risk	NOUN
hassl-848	262	6	is	be	AUX
hassl-848	262	7	specific	specific	ADJ
hassl-848	262	8	to	to	ADP
hassl-848	262	9	individual	individual	ADJ
hassl-848	262	10	shares	share	NOUN
hassl-848	262	11	which	which	PRON
hassl-848	262	12	could	could	AUX
hassl-848	262	13	be	be	AUX
hassl-848	262	14	diversified	diversify	VERB
hassl-848	262	15	away	away	ADV
hassl-848	262	16	when	when	SCONJ
hassl-848	262	17	an	an	DET
hassl-848	262	18	investor	investor	NOUN
hassl-848	262	19	decides	decide	VERB
hassl-848	262	20	to	to	PART
hassl-848	262	21	increase	increase	VERB
hassl-848	262	22	the	the	DET
hassl-848	262	23	number	number	NOUN
hassl-848	262	24	of	of	ADP
hassl-848	262	25	shares	share	NOUN
hassl-848	262	26	in	in	ADP
hassl-848	262	27	the	the	DET
hassl-848	262	28	portfolio	portfolio	NOUN
hassl-848	262	29	.	.	PUNCT
hassl-848	263	1	a	a	DET
hassl-848	263	2	firm	firm	NOUN
hassl-848	263	3	’s	’s	PART
hassl-848	263	4	specific	specific	ADJ
hassl-848	263	5	performance	performance	NOUN
hassl-848	263	6	relates	relate	VERB
hassl-848	263	7	to	to	ADP
hassl-848	263	8	unsystematic	unsystematic	ADJ
hassl-848	263	9	risk	risk	NOUN
hassl-848	263	10	(	(	PUNCT
hassl-848	263	11	sällebrant	sällebrant	PROPN
hassl-848	263	12	,	,	PUNCT
hassl-848	263	13	hansen	hansen	PROPN
hassl-848	263	14	,	,	PUNCT
hassl-848	263	15	bontis	bontis	PROPN
hassl-848	263	16	,	,	PUNCT
hassl-848	263	17	&	&	CCONJ
hassl-848	263	18	hofman	hofman	PROPN
hassl-848	263	19	-	-	PUNCT
hassl-848	263	20	bang	bang	PROPN
hassl-848	263	21	,	,	PUNCT
hassl-848	263	22	2007	2007	NUM
hassl-848	263	23	)	)	PUNCT
hassl-848	263	24	.	.	PUNCT
hassl-848	264	1	firm	firm	ADJ
hassl-848	264	2	risk	risk	NOUN
hassl-848	264	3	also	also	ADV
hassl-848	264	4	can	can	AUX
hassl-848	264	5	be	be	AUX
hassl-848	264	6	measured	measure	VERB
hassl-848	264	7	by	by	ADP
hassl-848	264	8	cost	cost	NOUN
hassl-848	264	9	of	of	ADP
hassl-848	264	10	equity	equity	NOUN
hassl-848	264	11	capital	capital	NOUN
hassl-848	264	12	.	.	PUNCT
hassl-848	265	1	the	the	DET
hassl-848	265	2	cost	cost	NOUN
hassl-848	265	3	of	of	ADP
hassl-848	265	4	equity	equity	NOUN
hassl-848	265	5	capital	capital	NOUN
hassl-848	265	6	actually	actually	ADV
hassl-848	265	7	refers	refer	VERB
hassl-848	265	8	to	to	ADP
hassl-848	265	9	the	the	DET
hassl-848	265	10	expected	expect	VERB
hassl-848	265	11	return	return	NOUN
hassl-848	265	12	on	on	ADP
hassl-848	265	13	a	a	DET
hassl-848	265	14	firm	firm	NOUN
hassl-848	265	15	’s	’s	PART
hassl-848	265	16	shares	share	NOUN
hassl-848	265	17	.	.	PUNCT
hassl-848	266	1	hence	hence	ADV
hassl-848	266	2	,	,	PUNCT
hassl-848	266	3	in	in	ADP
hassl-848	266	4	order	order	NOUN
hassl-848	266	5	to	to	PART
hassl-848	266	6	calculate	calculate	VERB
hassl-848	266	7	this	this	DET
hassl-848	266	8	expected	expect	VERB
hassl-848	266	9	return	return	NOUN
hassl-848	266	10	,	,	PUNCT
hassl-848	266	11	capm	capm	PROPN
hassl-848	266	12	model	model	NOUN
hassl-848	266	13	is	be	AUX
hassl-848	266	14	the	the	DET
hassl-848	266	15	one	one	NUM
hassl-848	266	16	of	of	ADP
hassl-848	266	17	the	the	DET
hassl-848	266	18	methods	method	NOUN
hassl-848	266	19	used	use	VERB
hassl-848	266	20	to	to	PART
hassl-848	266	21	determine	determine	VERB
hassl-848	266	22	the	the	DET
hassl-848	266	23	cost	cost	NOUN
hassl-848	266	24	of	of	ADP
hassl-848	266	25	equity	equity	NOUN
hassl-848	266	26	(	(	PUNCT
hassl-848	266	27	lambert	lambert	PROPN
hassl-848	266	28	,	,	PUNCT
hassl-848	266	29	leuz	leuz	NOUN
hassl-848	266	30	,	,	PUNCT
hassl-848	266	31	&	&	CCONJ
hassl-848	266	32	verrecchia	verrecchia	PROPN
hassl-848	266	33	,	,	PUNCT
hassl-848	266	34	2007	2007	NUM
hassl-848	266	35	)	)	PUNCT
hassl-848	266	36	.	.	PUNCT
hassl-848	267	1	in	in	ADP
hassl-848	267	2	a	a	DET
hassl-848	267	3	similar	similar	ADJ
hassl-848	267	4	scope	scope	NOUN
hassl-848	267	5	of	of	ADP
hassl-848	267	6	study	study	NOUN
hassl-848	267	7	,	,	PUNCT
hassl-848	267	8	albuquerue	albuquerue	NOUN
hassl-848	267	9	and	and	CCONJ
hassl-848	267	10	wang	wang	PROPN
hassl-848	267	11	(	(	PUNCT
hassl-848	267	12	2008	2008	NUM
hassl-848	267	13	)	)	PUNCT
hassl-848	267	14	concluded	conclude	VERB
hassl-848	267	15	that	that	SCONJ
hassl-848	267	16	asset	asset	NOUN
hassl-848	267	17	pricing	pricing	NOUN
hassl-848	267	18	model	model	NOUN
hassl-848	267	19	or	or	CCONJ
hassl-848	267	20	capm	capm	NOUN
hassl-848	267	21	used	use	VERB
hassl-848	267	22	to	to	PART
hassl-848	267	23	determine	determine	VERB
hassl-848	267	24	stock	stock	NOUN
hassl-848	267	25	volatility	volatility	NOUN
hassl-848	267	26	and	and	CCONJ
hassl-848	267	27	covariation	covariation	NOUN
hassl-848	267	28	between	between	ADP
hassl-848	267	29	stock	stock	NOUN
hassl-848	267	30	return	return	NOUN
hassl-848	267	31	of	of	ADP
hassl-848	267	32	the	the	DET
hassl-848	267	33	firm	firm	ADJ
hassl-848	267	34	and	and	CCONJ
hassl-848	267	35	systematic	systematic	ADJ
hassl-848	267	36	risk	risk	NOUN
hassl-848	267	37	.	.	PUNCT
hassl-848	268	1	for	for	ADP
hassl-848	268	2	this	this	DET
hassl-848	268	3	particular	particular	ADJ
hassl-848	268	4	study	study	NOUN
hassl-848	268	5	,	,	PUNCT
hassl-848	268	6	it	it	PRON
hassl-848	268	7	applies	apply	VERB
hassl-848	268	8	the	the	DET
hassl-848	268	9	capm	capm	PROPN
hassl-848	268	10	method	method	NOUN
hassl-848	268	11	developed	develop	VERB
hassl-848	268	12	by	by	ADP
hassl-848	268	13	sharpe	sharpe	PROPN
hassl-848	268	14	(	(	PUNCT
hassl-848	268	15	1964	1964	NUM
hassl-848	268	16	)	)	PUNCT
hassl-848	268	17	and	and	CCONJ
hassl-848	268	18	lintner	lintner	X
hassl-848	268	19	(	(	PUNCT
hassl-848	268	20	1965	1965	NUM
hassl-848	268	21	)	)	PUNCT
hassl-848	268	22	.	.	PUNCT
hassl-848	269	1	capm	capm	PROPN
hassl-848	269	2	is	be	AUX
hassl-848	269	3	related	relate	VERB
hassl-848	269	4	to	to	ADP
hassl-848	269	5	the	the	DET
hassl-848	269	6	realized	realize	VERB
hassl-848	269	7	return	return	NOUN
hassl-848	269	8	(	(	PUNCT
hassl-848	269	9	average	average	ADJ
hassl-848	269	10	return	return	NOUN
hassl-848	269	11	or	or	CCONJ
hassl-848	269	12	cost	cost	NOUN
hassl-848	269	13	of	of	ADP
hassl-848	269	14	equity	equity	NOUN
hassl-848	269	15	capital	capital	NOUN
hassl-848	269	16	)	)	PUNCT
hassl-848	269	17	that	that	PRON
hassl-848	269	18	will	will	AUX
hassl-848	269	19	be	be	AUX
hassl-848	269	20	used	use	VERB
hassl-848	269	21	as	as	ADP
hassl-848	269	22	measurement	measurement	NOUN
hassl-848	269	23	to	to	PART
hassl-848	269	24	firm	firm	ADJ
hassl-848	269	25	risk	risk	NOUN
hassl-848	269	26	.	.	PUNCT
hassl-848	270	1	firms	firm	NOUN
hassl-848	270	2	with	with	ADP
hassl-848	270	3	internal	internal	ADJ
hassl-848	270	4	control	control	NOUN
hassl-848	270	5	problems	problem	NOUN
hassl-848	270	6	emphasized	emphasize	VERB
hassl-848	270	7	on	on	ADP
hassl-848	270	8	greater	great	ADJ
hassl-848	270	9	information	information	NOUN
hassl-848	270	10	risk	risk	NOUN
hassl-848	270	11	which	which	PRON
hassl-848	270	12	affecting	affect	VERB
hassl-848	270	13	investors	investor	NOUN
hassl-848	270	14	’	’	PART
hassl-848	270	15	risk	risk	NOUN
hassl-848	270	16	assessments	assessment	NOUN
hassl-848	270	17	as	as	ADV
hassl-848	270	18	well	well	ADV
hassl-848	270	19	as	as	ADP
hassl-848	270	20	firms	firm	NOUN
hassl-848	270	21	’	'	PUNCT
hassl-848	270	22	cost	cost	NOUN
hassl-848	270	23	of	of	ADP
hassl-848	270	24	equity	equity	NOUN
hassl-848	270	25	(	(	PUNCT
hassl-848	270	26	ashbaugh	ashbaugh	NOUN
hassl-848	270	27	-	-	PUNCT
hassl-848	270	28	skaife	skaife	NOUN
hassl-848	270	29	et	et	PROPN
hassl-848	270	30	al	al	PROPN
hassl-848	270	31	.	.	PROPN
hassl-848	270	32	,	,	PUNCT
hassl-848	270	33	2009	2009	NUM
hassl-848	270	34	)	)	PUNCT
hassl-848	270	35	.	.	PUNCT
hassl-848	271	1	in	in	ADP
hassl-848	271	2	calculating	calculate	VERB
hassl-848	271	3	the	the	DET
hassl-848	271	4	cost	cost	NOUN
hassl-848	271	5	of	of	ADP
hassl-848	271	6	equity	equity	NOUN
hassl-848	271	7	capital	capital	NOUN
hassl-848	271	8	,	,	PUNCT
hassl-848	271	9	capm	capm	PROPN
hassl-848	271	10	method	method	NOUN
hassl-848	271	11	is	be	AUX
hassl-848	271	12	widely	widely	ADV
hassl-848	271	13	used	use	VERB
hassl-848	271	14	in	in	ADP
hassl-848	271	15	previous	previous	ADJ
hassl-848	271	16	study	study	NOUN
hassl-848	271	17	such	such	ADJ
hassl-848	271	18	as	as	ADP
hassl-848	271	19	from	from	ADP
hassl-848	271	20	graham	graham	PROPN
hassl-848	271	21	and	and	CCONJ
hassl-848	271	22	harvey	harvey	PROPN
hassl-848	271	23	(	(	PUNCT
hassl-848	271	24	2001	2001	NUM
hassl-848	271	25	)	)	PUNCT
hassl-848	271	26	,	,	PUNCT
hassl-848	271	27	welch	welch	PROPN
hassl-848	271	28	(	(	PUNCT
hassl-848	271	29	2003	2003	NUM
hassl-848	271	30	)	)	PUNCT
hassl-848	271	31	,	,	PUNCT
hassl-848	271	32	bozec	bozec	ADJ
hassl-848	271	33	.	.	PUNCT
hassl-848	272	1	and	and	CCONJ
hassl-848	272	2	bozec	bozec	ADJ
hassl-848	272	3	(	(	PUNCT
hassl-848	272	4	2011	2011	NUM
hassl-848	272	5	)	)	PUNCT
hassl-848	272	6	,	,	PUNCT
hassl-848	272	7	da	da	PROPN
hassl-848	272	8	et	et	PROPN
hassl-848	272	9	al	al	PROPN
hassl-848	272	10	.	.	PROPN
hassl-848	273	1	(	(	PUNCT
hassl-848	273	2	2012	2012	NUM
hassl-848	273	3	)	)	PUNCT
hassl-848	273	4	and	and	CCONJ
hassl-848	273	5	gul	gul	PROPN
hassl-848	273	6	et	et	PROPN
hassl-848	273	7	al	al	PROPN
hassl-848	273	8	.	.	PUNCT
hassl-848	274	1	(	(	PUNCT
hassl-848	274	2	2016	2016	NUM
hassl-848	274	3	)	)	PUNCT
hassl-848	274	4	.	.	PUNCT
hassl-848	275	1	in	in	ADP
hassl-848	275	2	this	this	DET
hassl-848	275	3	study	study	NOUN
hassl-848	275	4	,	,	PUNCT
hassl-848	275	5	the	the	DET
hassl-848	275	6	cost	cost	NOUN
hassl-848	275	7	of	of	ADP
hassl-848	275	8	equity	equity	NOUN
hassl-848	275	9	capital	capital	NOUN
hassl-848	275	10	is	be	AUX
hassl-848	275	11	calculated	calculate	VERB
hassl-848	275	12	as	as	SCONJ
hassl-848	275	13	follows	follow	VERB
hassl-848	275	14	:	:	PUNCT
hassl-848	275	15	re	re	ADJ
hassl-848	275	16	=	=	NOUN
hassl-848	275	17	rf	rf	PROPN
hassl-848	276	1	+	+	X
hassl-848	276	2	β	β	X
hassl-848	276	3	[	[	X
hassl-848	276	4	e(rm	e(rm	PROPN
hassl-848	276	5	)	)	PUNCT
hassl-848	276	6	–	–	PUNCT
hassl-848	277	1	rf	rf	VERB
hassl-848	277	2	]	]	X
hassl-848	277	3	;	;	PUNCT
hassl-848	277	4	where	where	SCONJ
hassl-848	277	5	:	:	PUNCT
hassl-848	277	6	re	re	ADP
hassl-848	277	7	;	;	PUNCT
hassl-848	277	8	cost	cost	NOUN
hassl-848	277	9	of	of	ADP
hassl-848	277	10	equity	equity	NOUN
hassl-848	277	11	β	β	NOUN
hassl-848	277	12	;	;	PUNCT
hassl-848	277	13	the	the	DET
hassl-848	277	14	estimation	estimation	NOUN
hassl-848	277	15	of	of	ADP
hassl-848	277	16	the	the	DET
hassl-848	277	17	sensitivity	sensitivity	NOUN
hassl-848	277	18	of	of	ADP
hassl-848	277	19	the	the	DET
hassl-848	277	20	stock	stock	NOUN
hassl-848	277	21	returns	return	NOUN
hassl-848	277	22	to	to	ADP
hassl-848	277	23	changes	change	NOUN
hassl-848	277	24	in	in	ADP
hassl-848	277	25	market	market	NOUN
hassl-848	277	26	returns	return	NOUN
hassl-848	277	27	the	the	DET
hassl-848	277	28	beta	beta	ADJ
hassl-848	277	29	coefficient	coefficient	NOUN
hassl-848	277	30	rf	rf	NOUN
hassl-848	277	31	;	;	PUNCT
hassl-848	277	32	the	the	DET
hassl-848	277	33	risk	risk	NOUN
hassl-848	277	34	-	-	PUNCT
hassl-848	277	35	free	free	ADJ
hassl-848	277	36	rate	rate	NOUN
hassl-848	277	37	and	and	CCONJ
hassl-848	277	38	the	the	DET
hassl-848	277	39	equity	equity	NOUN
hassl-848	277	40	premium	premium	NOUN
hassl-848	277	41	(	(	PUNCT
hassl-848	277	42	e(rm	e(rm	PROPN
hassl-848	277	43	)	)	PUNCT
hassl-848	277	44	–	–	PUNCT
hassl-848	277	45	rf	rf	NOUN
hassl-848	277	46	)	)	PUNCT
hassl-848	277	47	,	,	PUNCT
hassl-848	277	48	which	which	PRON
hassl-848	277	49	quantifies	quantify	VERB
hassl-848	277	50	the	the	DET
hassl-848	277	51	expected	expected	ADJ
hassl-848	277	52	excess	excess	ADJ
hassl-848	277	53	return	return	NOUN
hassl-848	277	54	on	on	ADP
hassl-848	277	55	the	the	DET
hassl-848	277	56	market	market	NOUN
hassl-848	277	57	(	(	PUNCT
hassl-848	277	58	e(rm	e(rm	PROPN
hassl-848	277	59	)	)	PUNCT
hassl-848	277	60	)	)	PUNCT
hassl-848	277	61	over	over	ADP
hassl-848	277	62	the	the	DET
hassl-848	277	63	risk	risk	NOUN
hassl-848	277	64	-	-	PUNCT
hassl-848	277	65	free	free	ADJ
hassl-848	277	66	rate	rate	NOUN
hassl-848	277	67	(	(	PUNCT
hassl-848	277	68	rf	rf	NOUN
hassl-848	277	69	)	)	PUNCT
hassl-848	277	70	.	.	PUNCT
hassl-848	278	1	in	in	ADP
hassl-848	278	2	addition	addition	NOUN
hassl-848	278	3	,	,	PUNCT
hassl-848	278	4	beta	beta	ADJ
hassl-848	278	5	values	value	NOUN
hassl-848	278	6	are	be	AUX
hassl-848	278	7	obtained	obtain	VERB
hassl-848	278	8	from	from	ADP
hassl-848	278	9	linear	linear	ADJ
hassl-848	278	10	regression	regression	NOUN
hassl-848	278	11	between	between	ADP
hassl-848	278	12	monthly	monthly	ADJ
hassl-848	278	13	klci	klci	NOUN
hassl-848	278	14	return	return	NOUN
hassl-848	278	15	and	and	CCONJ
hassl-848	278	16	company	company	NOUN
hassl-848	278	17	return	return	NOUN
hassl-848	278	18	.	.	PUNCT
hassl-848	279	1	4.5	4.5	NUM
hassl-848	279	2	.	.	PUNCT
hassl-848	280	1	independent	independent	ADJ
hassl-848	280	2	variables	variable	NOUN
hassl-848	280	3	(	(	PUNCT
hassl-848	280	4	corporate	corporate	ADJ
hassl-848	280	5	governance	governance	NOUN
hassl-848	280	6	mechanisms	mechanism	NOUN
hassl-848	280	7	)	)	PUNCT
hassl-848	280	8	there	there	PRON
hassl-848	280	9	are	be	VERB
hassl-848	280	10	five	five	NUM
hassl-848	280	11	corporate	corporate	ADJ
hassl-848	280	12	governance	governance	NOUN
hassl-848	280	13	mechanisms	mechanism	NOUN
hassl-848	280	14	work	work	VERB
hassl-848	280	15	as	as	ADP
hassl-848	280	16	the	the	DET
hassl-848	280	17	independent	independent	ADJ
hassl-848	280	18	variables	variable	NOUN
hassl-848	280	19	in	in	ADP
hassl-848	280	20	this	this	DET
hassl-848	280	21	study	study	NOUN
hassl-848	280	22	namely	namely	ADV
hassl-848	280	23	board	board	NOUN
hassl-848	280	24	independence	independence	NOUN
hassl-848	280	25	,	,	PUNCT
hassl-848	280	26	board	board	NOUN
hassl-848	280	27	size	size	NOUN
hassl-848	280	28	,	,	PUNCT
hassl-848	280	29	chief	chief	ADJ
hassl-848	280	30	executive	executive	ADJ
hassl-848	280	31	officer	officer	NOUN
hassl-848	280	32	(	(	PUNCT
hassl-848	280	33	ceo	ceo	NOUN
hassl-848	280	34	)	)	PUNCT
hassl-848	280	35	duality	duality	NOUN
hassl-848	280	36	,	,	PUNCT
hassl-848	280	37	existence	existence	NOUN
hassl-848	280	38	of	of	ADP
hassl-848	280	39	audit	audit	NOUN
hassl-848	280	40	and	and	CCONJ
hassl-848	280	41	nomination	nomination	NOUN
hassl-848	280	42	or	or	CCONJ
hassl-848	280	43	remuneration	remuneration	NOUN
hassl-848	280	44	committee	committee	NOUN
hassl-848	280	45	and	and	CCONJ
hassl-848	280	46	finally	finally	ADV
hassl-848	280	47	,	,	PUNCT
hassl-848	280	48	independence	independence	NOUN
hassl-848	280	49	of	of	ADP
hassl-848	280	50	board	board	NOUN
hassl-848	280	51	committee	committee	NOUN
hassl-848	280	52	.	.	PUNCT
hassl-848	281	1	this	this	DET
hassl-848	281	2	study	study	NOUN
hassl-848	281	3	categorizes	categorize	VERB
hassl-848	281	4	two	two	NUM
hassl-848	281	5	independent	independent	ADJ
hassl-848	281	6	variables	variable	NOUN
hassl-848	281	7	which	which	PRON
hassl-848	281	8	are	be	AUX
hassl-848	281	9	ceo	ceo	NOUN
hassl-848	281	10	duality	duality	NOUN
hassl-848	281	11	and	and	CCONJ
hassl-848	281	12	existence	existence	NOUN
hassl-848	281	13	of	of	ADP
hassl-848	281	14	audit	audit	NOUN
hassl-848	281	15	and	and	CCONJ
hassl-848	281	16	nomination	nomination	NOUN
hassl-848	281	17	or	or	CCONJ
hassl-848	281	18	remuneration	remuneration	NOUN
hassl-848	281	19	committee	committee	NOUN
hassl-848	281	20	of	of	ADP
hassl-848	281	21	the	the	DET
hassl-848	281	22	corporate	corporate	ADJ
hassl-848	281	23	governance	governance	NOUN
hassl-848	281	24	mechanism	mechanism	NOUN
hassl-848	281	25	into	into	ADP
hassl-848	281	26	a	a	DET
hassl-848	281	27	binary	binary	ADJ
hassl-848	281	28	variable	variable	NOUN
hassl-848	281	29	using	use	VERB
hassl-848	281	30	reverte	reverte	NOUN
hassl-848	281	31	(	(	PUNCT
hassl-848	281	32	2009	2009	NUM
hassl-848	281	33	)	)	PUNCT
hassl-848	281	34	framework	framework	NOUN
hassl-848	281	35	on	on	ADP
hassl-848	281	36	governance	governance	NOUN
hassl-848	281	37	measure	measure	NOUN
hassl-848	281	38	.	.	PUNCT
hassl-848	282	1	binary	binary	ADJ
hassl-848	282	2	variables	variable	NOUN
hassl-848	282	3	which	which	PRON
hassl-848	282	4	only	only	ADV
hassl-848	282	5	take	take	VERB
hassl-848	282	6	two	two	NUM
hassl-848	282	7	values	value	NOUN
hassl-848	282	8	.	.	PUNCT
hassl-848	283	1	for	for	ADP
hassl-848	283	2	example	example	NOUN
hassl-848	283	3	,	,	PUNCT
hassl-848	283	4	male	male	ADJ
hassl-848	283	5	or	or	CCONJ
hassl-848	283	6	female	female	ADJ
hassl-848	283	7	,	,	PUNCT
hassl-848	283	8	true	true	ADJ
hassl-848	283	9	or	or	CCONJ
hassl-848	283	10	false	false	ADJ
hassl-848	284	1	and	and	CCONJ
hassl-848	284	2	yes	yes	INTJ
hassl-848	284	3	or	or	CCONJ
hassl-848	284	4	no	no	INTJ
hassl-848	284	5	(	(	PUNCT
hassl-848	284	6	field	field	NOUN
hassl-848	284	7	,	,	PUNCT
hassl-848	284	8	2013	2013	NUM
hassl-848	284	9	)	)	PUNCT
hassl-848	284	10	.	.	PUNCT
hassl-848	285	1	according	accord	VERB
hassl-848	285	2	to	to	ADP
hassl-848	285	3	reverte	reverte	NOUN
hassl-848	285	4	(	(	PUNCT
hassl-848	285	5	2009	2009	NUM
hassl-848	285	6	)	)	PUNCT
hassl-848	285	7	the	the	DET
hassl-848	285	8	binary	binary	PROPN
hassl-848	285	9	variable	variable	NOUN
hassl-848	285	10	only	only	ADV
hassl-848	285	11	consider	consider	VERB
hassl-848	285	12	the	the	DET
hassl-848	285	13	dummy	dummy	ADJ
hassl-848	285	14	variable	variable	NOUN
hassl-848	285	15	for	for	ADP
hassl-848	285	16	ceo	ceo	NOUN
hassl-848	285	17	duality	duality	NOUN
hassl-848	285	18	and	and	CCONJ
hassl-848	285	19	existence	existence	NOUN
hassl-848	285	20	of	of	ADP
hassl-848	285	21	audit	audit	NOUN
hassl-848	285	22	and	and	CCONJ
hassl-848	285	23	humanities	humanity	NOUN
hassl-848	285	24	and	and	CCONJ
hassl-848	285	25	social	social	ADJ
hassl-848	285	26	sciences	science	NOUN
hassl-848	285	27	letters	letter	NOUN
hassl-848	285	28	,	,	PUNCT
hassl-848	285	29	2020	2020	NUM
hassl-848	285	30	,	,	PUNCT
hassl-848	285	31	8(2	8(2	NUM
hassl-848	285	32	):	):	PUNCT
hassl-848	285	33	169	169	NUM
hassl-848	285	34	-	-	SYM
hassl-848	285	35	193	193	NUM
hassl-848	285	36	179	179	NUM
hassl-848	285	37	©	©	PROPN
hassl-848	285	38	2020	2020	NUM
hassl-848	285	39	conscientia	conscientia	PROPN
hassl-848	285	40	beam	beam	PROPN
hassl-848	285	41	.	.	PUNCT
hassl-848	286	1	all	all	DET
hassl-848	286	2	rights	right	NOUN
hassl-848	286	3	reserved	reserve	VERB
hassl-848	286	4	.	.	PUNCT
hassl-848	287	1	nomination	nomination	NOUN
hassl-848	287	2	or	or	CCONJ
hassl-848	287	3	remuneration	remuneration	NOUN
hassl-848	287	4	committee	committee	NOUN
hassl-848	287	5	(	(	PUNCT
hassl-848	287	6	earc	earc	PROPN
hassl-848	287	7	)	)	PUNCT
hassl-848	287	8	where	where	SCONJ
hassl-848	287	9	if	if	SCONJ
hassl-848	287	10	sample	sample	NOUN
hassl-848	287	11	firm	firm	NOUN
hassl-848	287	12	have	have	VERB
hassl-848	287	13	dual	dual	ADJ
hassl-848	287	14	position	position	NOUN
hassl-848	287	15	it	it	PRON
hassl-848	287	16	will	will	AUX
hassl-848	287	17	took	took	VERB
hassl-848	287	18	value	value	NOUN
hassl-848	287	19	1	1	NUM
hassl-848	287	20	and	and	CCONJ
hassl-848	287	21	value	value	NOUN
hassl-848	287	22	2	2	NUM
hassl-848	287	23	if	if	SCONJ
hassl-848	287	24	otherwise	otherwise	ADV
hassl-848	287	25	.	.	PUNCT
hassl-848	288	1	same	same	ADJ
hassl-848	288	2	as	as	ADP
hassl-848	288	3	earc	earc	NOUN
hassl-848	288	4	,	,	PUNCT
hassl-848	288	5	when	when	SCONJ
hassl-848	288	6	firm	firm	NOUN
hassl-848	288	7	have	have	VERB
hassl-848	288	8	both	both	DET
hassl-848	288	9	committees	committee	NOUN
hassl-848	288	10	it	it	PRON
hassl-848	288	11	take	take	VERB
hassl-848	288	12	value	value	NOUN
hassl-848	288	13	2	2	NUM
hassl-848	288	14	and	and	CCONJ
hassl-848	288	15	1	1	NUM
hassl-848	288	16	if	if	SCONJ
hassl-848	288	17	otherwise	otherwise	ADV
hassl-848	288	18	.	.	PUNCT
hassl-848	289	1	for	for	ADP
hassl-848	289	2	each	each	DET
hassl-848	289	3	firm	firm	NOUN
hassl-848	289	4	,	,	PUNCT
hassl-848	289	5	percentage	percentage	NOUN
hassl-848	289	6	of	of	ADP
hassl-848	289	7	board	board	NOUN
hassl-848	289	8	of	of	ADP
hassl-848	289	9	directors	director	NOUN
hassl-848	289	10	made	make	VERB
hassl-848	289	11	up	up	ADP
hassl-848	289	12	of	of	ADP
hassl-848	289	13	independent	independent	ADJ
hassl-848	289	14	directors	director	NOUN
hassl-848	289	15	(	(	PUNCT
hassl-848	289	16	indbrd	indbrd	PROPN
hassl-848	289	17	)	)	PUNCT
hassl-848	289	18	is	be	AUX
hassl-848	289	19	calculated	calculate	VERB
hassl-848	289	20	.	.	PUNCT
hassl-848	290	1	following	follow	VERB
hassl-848	290	2	the	the	DET
hassl-848	290	3	previous	previous	ADJ
hassl-848	290	4	study	study	NOUN
hassl-848	290	5	,	,	PUNCT
hassl-848	290	6	used	use	VERB
hassl-848	290	7	a	a	DET
hassl-848	290	8	dummy	dummy	ADJ
hassl-848	290	9	variable	variable	NOUN
hassl-848	290	10	(	(	PUNCT
hassl-848	290	11	dindbd	dindbd	NOUN
hassl-848	290	12	)	)	PUNCT
hassl-848	290	13	and	and	CCONJ
hassl-848	290	14	took	take	VERB
hassl-848	290	15	the	the	DET
hassl-848	290	16	value	value	NOUN
hassl-848	290	17	of	of	ADP
hassl-848	290	18	“	"	PUNCT
hassl-848	290	19	1	1	NUM
hassl-848	290	20	”	"	PUNCT
hassl-848	290	21	if	if	SCONJ
hassl-848	290	22	board	board	NOUN
hassl-848	290	23	is	be	AUX
hassl-848	290	24	independent	independent	ADJ
hassl-848	290	25	and	and	CCONJ
hassl-848	290	26	“	"	PUNCT
hassl-848	290	27	0	0	NUM
hassl-848	290	28	”	"	PUNCT
hassl-848	290	29	which	which	PRON
hassl-848	290	30	indicates	indicate	VERB
hassl-848	290	31	otherwise	otherwise	ADV
hassl-848	290	32	.	.	PUNCT
hassl-848	291	1	in	in	ADP
hassl-848	291	2	this	this	DET
hassl-848	291	3	study	study	NOUN
hassl-848	291	4	,	,	PUNCT
hassl-848	291	5	indbrd	indbrd	PROPN
hassl-848	291	6	calculated	calculate	VERB
hassl-848	291	7	using	use	VERB
hassl-848	291	8	the	the	DET
hassl-848	291	9	percentage	percentage	NOUN
hassl-848	291	10	of	of	ADP
hassl-848	291	11	independent	independent	ADJ
hassl-848	291	12	directors	director	NOUN
hassl-848	291	13	over	over	ADP
hassl-848	291	14	total	total	ADJ
hassl-848	291	15	board	board	NOUN
hassl-848	291	16	members	member	NOUN
hassl-848	291	17	same	same	ADJ
hassl-848	291	18	as	as	ADP
hassl-848	291	19	previous	previous	ADJ
hassl-848	291	20	study	study	NOUN
hassl-848	291	21	by	by	ADP
hassl-848	291	22	reverte	reverte	PROPN
hassl-848	291	23	(	(	PUNCT
hassl-848	291	24	2009	2009	NUM
hassl-848	291	25	)	)	PUNCT
hassl-848	291	26	.	.	PUNCT
hassl-848	292	1	the	the	DET
hassl-848	292	2	number	number	NOUN
hassl-848	292	3	of	of	ADP
hassl-848	292	4	independent	independent	ADJ
hassl-848	292	5	non	non	ADJ
hassl-848	292	6	-	-	ADJ
hassl-848	292	7	executive	executive	ADJ
hassl-848	292	8	directors	director	NOUN
hassl-848	292	9	over	over	ADP
hassl-848	292	10	total	total	ADJ
hassl-848	292	11	number	number	NOUN
hassl-848	292	12	of	of	ADP
hassl-848	292	13	directors	director	NOUN
hassl-848	292	14	in	in	ADP
hassl-848	292	15	a	a	DET
hassl-848	292	16	company	company	NOUN
hassl-848	292	17	is	be	AUX
hassl-848	292	18	used	use	VERB
hassl-848	292	19	as	as	ADP
hassl-848	292	20	a	a	DET
hassl-848	292	21	proxy	proxy	NOUN
hassl-848	292	22	for	for	ADP
hassl-848	292	23	board	board	NOUN
hassl-848	292	24	independence	independence	NOUN
hassl-848	292	25	which	which	PRON
hassl-848	292	26	is	be	AUX
hassl-848	292	27	a	a	DET
hassl-848	292	28	measure	measure	NOUN
hassl-848	292	29	of	of	ADP
hassl-848	292	30	good	good	ADJ
hassl-848	292	31	corporate	corporate	ADJ
hassl-848	292	32	governance	governance	NOUN
hassl-848	292	33	(	(	PUNCT
hassl-848	292	34	singhal	singhal	NOUN
hassl-848	292	35	,	,	PUNCT
hassl-848	292	36	2014	2014	NUM
hassl-848	292	37	)	)	PUNCT
hassl-848	292	38	.	.	PUNCT
hassl-848	293	1	4.6	4.6	NUM
hassl-848	293	2	.	.	PUNCT
hassl-848	294	1	control	control	NOUN
hassl-848	294	2	variables	variable	NOUN
hassl-848	294	3	asset	asset	NOUN
hassl-848	294	4	size	size	NOUN
hassl-848	294	5	(	(	PUNCT
hassl-848	294	6	asize	asize	NOUN
hassl-848	294	7	)	)	PUNCT
hassl-848	294	8	is	be	AUX
hassl-848	294	9	used	use	VERB
hassl-848	294	10	as	as	ADP
hassl-848	294	11	a	a	DET
hassl-848	294	12	control	control	NOUN
hassl-848	294	13	variable	variable	NOUN
hassl-848	294	14	in	in	ADP
hassl-848	294	15	this	this	DET
hassl-848	294	16	study	study	NOUN
hassl-848	294	17	.	.	PUNCT
hassl-848	295	1	it	it	PRON
hassl-848	295	2	is	be	AUX
hassl-848	295	3	widely	widely	ADV
hassl-848	295	4	recognized	recognize	VERB
hassl-848	295	5	as	as	ADP
hassl-848	295	6	proxies	proxy	NOUN
hassl-848	295	7	of	of	ADP
hassl-848	295	8	size	size	NOUN
hassl-848	295	9	(	(	PUNCT
hassl-848	295	10	botosan	botosan	NOUN
hassl-848	295	11	,	,	PUNCT
hassl-848	295	12	1997	1997	NUM
hassl-848	295	13	)	)	PUNCT
hassl-848	295	14	.	.	PUNCT
hassl-848	296	1	asset	asset	NOUN
hassl-848	296	2	size	size	NOUN
hassl-848	296	3	has	have	AUX
hassl-848	296	4	been	be	AUX
hassl-848	296	5	used	use	VERB
hassl-848	296	6	in	in	ADP
hassl-848	296	7	most	most	ADJ
hassl-848	296	8	studies	study	NOUN
hassl-848	296	9	relating	relate	VERB
hassl-848	296	10	with	with	ADP
hassl-848	296	11	cost	cost	NOUN
hassl-848	296	12	of	of	ADP
hassl-848	296	13	equity	equity	NOUN
hassl-848	296	14	.	.	PUNCT
hassl-848	297	1	according	accord	VERB
hassl-848	297	2	to	to	ADP
hassl-848	297	3	embong	embong	PROPN
hassl-848	297	4	et	et	PROPN
hassl-848	297	5	al	al	PROPN
hassl-848	297	6	.	.	PROPN
hassl-848	298	1	(	(	PUNCT
hassl-848	298	2	2012	2012	NUM
hassl-848	298	3	)	)	PUNCT
hassl-848	298	4	stated	state	VERB
hassl-848	298	5	that	that	SCONJ
hassl-848	298	6	asset	asset	NOUN
hassl-848	298	7	size	size	NOUN
hassl-848	298	8	,	,	PUNCT
hassl-848	298	9	growth	growth	NOUN
hassl-848	298	10	and	and	CCONJ
hassl-848	298	11	risk	risk	NOUN
hassl-848	298	12	are	be	AUX
hassl-848	298	13	most	most	ADV
hassl-848	298	14	common	common	ADJ
hassl-848	298	15	factors	factor	NOUN
hassl-848	298	16	that	that	PRON
hassl-848	298	17	might	might	AUX
hassl-848	298	18	influence	influence	VERB
hassl-848	298	19	required	require	VERB
hassl-848	298	20	rate	rate	NOUN
hassl-848	298	21	of	of	ADP
hassl-848	298	22	return	return	NOUN
hassl-848	298	23	.	.	PUNCT
hassl-848	299	1	larger	large	ADJ
hassl-848	299	2	firms	firm	NOUN
hassl-848	299	3	consider	consider	VERB
hassl-848	299	4	more	more	ADV
hassl-848	299	5	diversified	diversified	ADJ
hassl-848	299	6	and	and	CCONJ
hassl-848	299	7	pose	pose	VERB
hassl-848	299	8	less	less	ADJ
hassl-848	299	9	chance	chance	NOUN
hassl-848	299	10	of	of	ADP
hassl-848	299	11	default	default	NOUN
hassl-848	299	12	(	(	PUNCT
hassl-848	299	13	khemakhem	khemakhem	NOUN
hassl-848	299	14	&	&	CCONJ
hassl-848	299	15	naciri	naciri	NOUN
hassl-848	299	16	,	,	PUNCT
hassl-848	299	17	2015	2015	NUM
hassl-848	299	18	)	)	PUNCT
hassl-848	299	19	.	.	PUNCT
hassl-848	300	1	so	so	ADV
hassl-848	300	2	,	,	PUNCT
hassl-848	300	3	a	a	DET
hassl-848	300	4	positive	positive	ADJ
hassl-848	300	5	relationship	relationship	NOUN
hassl-848	300	6	can	can	AUX
hassl-848	300	7	be	be	AUX
hassl-848	300	8	expected	expect	VERB
hassl-848	300	9	between	between	ADP
hassl-848	300	10	the	the	DET
hassl-848	300	11	firms	firm	NOUN
hassl-848	300	12	’	’	PART
hassl-848	300	13	size	size	NOUN
hassl-848	300	14	and	and	CCONJ
hassl-848	300	15	capital	capital	NOUN
hassl-848	300	16	structure	structure	NOUN
hassl-848	300	17	.	.	PUNCT
hassl-848	301	1	moreover	moreover	ADV
hassl-848	301	2	,	,	PUNCT
hassl-848	301	3	large	large	ADJ
hassl-848	301	4	firms	firm	NOUN
hassl-848	301	5	also	also	ADV
hassl-848	301	6	require	require	VERB
hassl-848	301	7	resources	resource	NOUN
hassl-848	301	8	and	and	CCONJ
hassl-848	301	9	pose	pose	VERB
hassl-848	301	10	the	the	DET
hassl-848	301	11	ability	ability	NOUN
hassl-848	301	12	to	to	PART
hassl-848	301	13	reduce	reduce	VERB
hassl-848	301	14	level	level	NOUN
hassl-848	301	15	of	of	ADP
hassl-848	301	16	risk	risk	NOUN
hassl-848	301	17	associated	associate	VERB
hassl-848	301	18	with	with	ADP
hassl-848	301	19	their	their	PRON
hassl-848	301	20	stock	stock	NOUN
hassl-848	301	21	investment	investment	NOUN
hassl-848	301	22	.	.	PUNCT
hassl-848	302	1	in	in	ADP
hassl-848	302	2	contrast	contrast	NOUN
hassl-848	302	3	to	to	ADP
hassl-848	302	4	small	small	ADJ
hassl-848	302	5	firms	firm	NOUN
hassl-848	302	6	,	,	PUNCT
hassl-848	302	7	large	large	ADJ
hassl-848	302	8	capital	capital	NOUN
hassl-848	302	9	companies	company	NOUN
hassl-848	302	10	are	be	AUX
hassl-848	302	11	usually	usually	ADV
hassl-848	302	12	more	more	ADV
hassl-848	302	13	diversified	diversified	ADJ
hassl-848	302	14	,	,	PUNCT
hassl-848	302	15	potentially	potentially	ADV
hassl-848	302	16	reducing	reduce	VERB
hassl-848	302	17	firm	firm	ADJ
hassl-848	302	18	risk	risk	NOUN
hassl-848	302	19	and	and	CCONJ
hassl-848	302	20	consequently	consequently	ADV
hassl-848	302	21	cost	cost	NOUN
hassl-848	302	22	of	of	ADP
hassl-848	302	23	equity	equity	NOUN
hassl-848	302	24	capital	capital	NOUN
hassl-848	302	25	and	and	CCONJ
hassl-848	302	26	cost	cost	NOUN
hassl-848	302	27	of	of	ADP
hassl-848	302	28	debt	debt	NOUN
hassl-848	302	29	.	.	PUNCT
hassl-848	303	1	in	in	ADP
hassl-848	303	2	this	this	DET
hassl-848	303	3	study	study	NOUN
hassl-848	303	4	,	,	PUNCT
hassl-848	303	5	asset	asset	NOUN
hassl-848	303	6	size	size	NOUN
hassl-848	303	7	measured	measure	VERB
hassl-848	303	8	by	by	ADP
hassl-848	303	9	logarithm	logarithm	PROPN
hassl-848	303	10	(	(	PUNCT
hassl-848	303	11	log	log	NOUN
hassl-848	303	12	)	)	PUNCT
hassl-848	303	13	of	of	ADP
hassl-848	303	14	total	total	ADJ
hassl-848	303	15	asset	asset	NOUN
hassl-848	303	16	of	of	ADP
hassl-848	303	17	the	the	DET
hassl-848	303	18	sample	sample	NOUN
hassl-848	303	19	’s	’s	PART
hassl-848	303	20	firm	firm	NOUN
hassl-848	303	21	.	.	PUNCT
hassl-848	304	1	table	table	NOUN
hassl-848	304	2	2	2	NUM
hassl-848	304	3	shows	show	VERB
hassl-848	304	4	the	the	DET
hassl-848	304	5	summarisation	summarisation	NOUN
hassl-848	304	6	of	of	ADP
hassl-848	304	7	the	the	DET
hassl-848	304	8	measurement	measurement	NOUN
hassl-848	304	9	for	for	ADP
hassl-848	304	10	the	the	DET
hassl-848	304	11	variables	variable	NOUN
hassl-848	304	12	used	use	VERB
hassl-848	304	13	in	in	ADP
hassl-848	304	14	this	this	DET
hassl-848	304	15	study	study	NOUN
hassl-848	304	16	.	.	PUNCT
hassl-848	305	1	table-2	table-2	NUM
hassl-848	305	2	.	.	PUNCT
hassl-848	305	3	abbreviation	abbreviation	NOUN
hassl-848	305	4	and	and	CCONJ
hassl-848	305	5	measurement	measurement	NOUN
hassl-848	305	6	of	of	ADP
hassl-848	305	7	variables	variable	NOUN
hassl-848	305	8	.	.	PUNCT
hassl-848	306	1	variables	variable	NOUN
hassl-848	306	2	abbreviation	abbreviation	NOUN
hassl-848	306	3	measurement	measurement	NOUN
hassl-848	306	4	dependent	dependent	ADJ
hassl-848	306	5	variable	variable	ADJ
hassl-848	306	6	firm	firm	ADJ
hassl-848	306	7	risk	risk	NOUN
hassl-848	306	8	frisk	frisk	NOUN
hassl-848	306	9	cost	cost	NOUN
hassl-848	306	10	of	of	ADP
hassl-848	306	11	equity	equity	NOUN
hassl-848	306	12	capital	capital	NOUN
hassl-848	306	13	independent	independent	PROPN
hassl-848	306	14	variables	variables	PROPN
hassl-848	306	15	board	board	PROPN
hassl-848	306	16	size	size	NOUN
hassl-848	306	17	brdsize	brdsize	VERB
hassl-848	306	18	number	number	NOUN
hassl-848	306	19	of	of	ADP
hassl-848	306	20	directors	director	NOUN
hassl-848	306	21	on	on	ADP
hassl-848	306	22	the	the	DET
hassl-848	306	23	board	board	NOUN
hassl-848	306	24	board	board	PROPN
hassl-848	306	25	independence	independence	NOUN
hassl-848	306	26	indbrd	indbrd	NOUN
hassl-848	306	27	percentage	percentage	NOUN
hassl-848	306	28	of	of	ADP
hassl-848	306	29	independent	independent	ADJ
hassl-848	306	30	directors	director	NOUN
hassl-848	306	31	on	on	ADP
hassl-848	306	32	the	the	DET
hassl-848	306	33	board	board	PROPN
hassl-848	306	34	board	board	PROPN
hassl-848	306	35	committee	committee	PROPN
hassl-848	306	36	ibrdc	ibrdc	VERB
hassl-848	306	37	percentage	percentage	NOUN
hassl-848	306	38	of	of	ADP
hassl-848	306	39	non	non	ADJ
hassl-848	306	40	-	-	ADJ
hassl-848	306	41	executive	executive	ADJ
hassl-848	306	42	independent	independent	ADJ
hassl-848	306	43	independence	independence	NOUN
hassl-848	306	44	directors	director	NOUN
hassl-848	306	45	ceo	ceo	VERB
hassl-848	306	46	duality	duality	NOUN
hassl-848	306	47	cdual	cdual	ADJ
hassl-848	306	48	dummy	dummy	ADJ
hassl-848	306	49	variable	variable	NOUN
hassl-848	306	50	used	use	VERB
hassl-848	306	51	where	where	SCONJ
hassl-848	306	52	value	value	NOUN
hassl-848	306	53	“	"	PUNCT
hassl-848	306	54	1	1	NUM
hassl-848	306	55	”	"	PUNCT
hassl-848	306	56	if	if	SCONJ
hassl-848	306	57	firm	firm	NOUN
hassl-848	306	58	have	have	VERB
hassl-848	306	59	dual	dual	ADJ
hassl-848	306	60	position	position	NOUN
hassl-848	306	61	and	and	CCONJ
hassl-848	306	62	value	value	NOUN
hassl-848	306	63	“	"	PUNCT
hassl-848	306	64	2	2	NUM
hassl-848	306	65	”	"	PUNCT
hassl-848	306	66	if	if	SCONJ
hassl-848	306	67	otherwise	otherwise	ADV
hassl-848	306	68	existence	existence	NOUN
hassl-848	306	69	of	of	ADP
hassl-848	306	70	audit	audit	NOUN
hassl-848	306	71	and	and	CCONJ
hassl-848	306	72	remuneration	remuneration	NOUN
hassl-848	306	73	committee	committee	NOUN
hassl-848	306	74	earc	earc	PROPN
hassl-848	306	75	if	if	SCONJ
hassl-848	306	76	firm	firm	NOUN
hassl-848	306	77	have	have	AUX
hassl-848	306	78	either	either	CCONJ
hassl-848	306	79	audit	audit	NOUN
hassl-848	306	80	nomination	nomination	NOUN
hassl-848	306	81	or	or	CCONJ
hassl-848	306	82	remuneration	remuneration	NOUN
hassl-848	306	83	committee	committee	NOUN
hassl-848	306	84	will	will	AUX
hassl-848	306	85	take	take	VERB
hassl-848	306	86	value	value	NOUN
hassl-848	306	87	“	"	PUNCT
hassl-848	306	88	1	1	NUM
hassl-848	306	89	”	"	PUNCT
hassl-848	306	90	and	and	CCONJ
hassl-848	306	91	value	value	NOUN
hassl-848	306	92	“	"	PUNCT
hassl-848	306	93	2	2	NUM
hassl-848	306	94	”	"	PUNCT
hassl-848	306	95	if	if	SCONJ
hassl-848	306	96	both	both	DET
hassl-848	306	97	committee	committee	NOUN
hassl-848	306	98	are	be	AUX
hassl-848	306	99	exist	exist	VERB
hassl-848	306	100	control	control	ADJ
hassl-848	306	101	variable	variable	ADJ
hassl-848	306	102	asset	asset	NOUN
hassl-848	306	103	size	size	NOUN
hassl-848	306	104	asize	asize	NOUN
hassl-848	306	105	logarithm	logarithm	NOUN
hassl-848	306	106	(	(	PUNCT
hassl-848	306	107	log	log	NOUN
hassl-848	306	108	)	)	PUNCT
hassl-848	306	109	of	of	ADP
hassl-848	306	110	total	total	ADJ
hassl-848	306	111	assets	asset	NOUN
hassl-848	306	112	4.7	4.7	NUM
hassl-848	306	113	.	.	PUNCT
hassl-848	307	1	data	datum	NOUN
hassl-848	307	2	analysis	analysis	NOUN
hassl-848	307	3	the	the	DET
hassl-848	307	4	data	datum	NOUN
hassl-848	307	5	collected	collect	VERB
hassl-848	307	6	for	for	ADP
hassl-848	307	7	this	this	DET
hassl-848	307	8	study	study	NOUN
hassl-848	307	9	will	will	AUX
hassl-848	307	10	be	be	AUX
hassl-848	307	11	analyzed	analyze	VERB
hassl-848	307	12	by	by	ADP
hassl-848	307	13	using	use	VERB
hassl-848	307	14	the	the	DET
hassl-848	307	15	spss	spss	PROPN
hassl-848	307	16	statistics	statistics	PROPN
hassl-848	307	17	version	version	PROPN
hassl-848	307	18	23.0	23.0	NUM
hassl-848	307	19	in	in	ADP
hassl-848	307	20	order	order	NOUN
hassl-848	307	21	to	to	PART
hassl-848	307	22	execute	execute	VERB
hassl-848	307	23	both	both	DET
hassl-848	307	24	descriptive	descriptive	ADJ
hassl-848	307	25	and	and	CCONJ
hassl-848	307	26	inferential	inferential	ADJ
hassl-848	307	27	analyses	analysis	NOUN
hassl-848	307	28	.	.	PUNCT
hassl-848	308	1	the	the	DET
hassl-848	308	2	descriptive	descriptive	ADJ
hassl-848	308	3	analysis	analysis	NOUN
hassl-848	308	4	is	be	AUX
hassl-848	308	5	employed	employ	VERB
hassl-848	308	6	to	to	PART
hassl-848	308	7	describe	describe	VERB
hassl-848	308	8	the	the	DET
hassl-848	308	9	basic	basic	ADJ
hassl-848	308	10	features	feature	NOUN
hassl-848	308	11	of	of	ADP
hassl-848	308	12	the	the	DET
hassl-848	308	13	data	datum	NOUN
hassl-848	308	14	in	in	ADP
hassl-848	308	15	the	the	DET
hassl-848	308	16	study	study	NOUN
hassl-848	308	17	by	by	ADP
hassl-848	308	18	providing	provide	VERB
hassl-848	308	19	summaries	summary	NOUN
hassl-848	308	20	on	on	ADP
hassl-848	308	21	the	the	DET
hassl-848	308	22	sample	sample	NOUN
hassl-848	308	23	and	and	CCONJ
hassl-848	308	24	the	the	DET
hassl-848	308	25	measures	measure	NOUN
hassl-848	308	26	.	.	PUNCT
hassl-848	309	1	however	however	ADV
hassl-848	309	2	,	,	PUNCT
hassl-848	309	3	by	by	ADP
hassl-848	309	4	using	use	VERB
hassl-848	309	5	the	the	DET
hassl-848	309	6	analysis	analysis	NOUN
hassl-848	309	7	alone	alone	ADV
hassl-848	309	8	,	,	PUNCT
hassl-848	309	9	a	a	DET
hassl-848	309	10	conclusion	conclusion	NOUN
hassl-848	309	11	and	and	CCONJ
hassl-848	309	12	decisions	decision	NOUN
hassl-848	309	13	on	on	ADP
hassl-848	309	14	the	the	DET
hassl-848	309	15	hypotheses	hypothesis	NOUN
hassl-848	309	16	can	can	AUX
hassl-848	309	17	not	not	PART
hassl-848	309	18	be	be	AUX
hassl-848	309	19	made	make	VERB
hassl-848	309	20	.	.	PUNCT
hassl-848	310	1	this	this	PRON
hassl-848	310	2	is	be	AUX
hassl-848	310	3	when	when	SCONJ
hassl-848	310	4	the	the	DET
hassl-848	310	5	inferential	inferential	ADJ
hassl-848	310	6	analysis	analysis	NOUN
hassl-848	310	7	comes	come	VERB
hassl-848	310	8	in	in	ADP
hassl-848	310	9	where	where	SCONJ
hassl-848	310	10	its	its	PRON
hassl-848	310	11	function	function	NOUN
hassl-848	310	12	is	be	AUX
hassl-848	310	13	to	to	PART
hassl-848	310	14	derive	derive	VERB
hassl-848	310	15	inferences	inference	NOUN
hassl-848	310	16	from	from	ADP
hassl-848	310	17	data	datum	NOUN
hassl-848	310	18	and	and	CCONJ
hassl-848	310	19	make	make	VERB
hassl-848	310	20	judgments	judgment	NOUN
hassl-848	310	21	or	or	CCONJ
hassl-848	310	22	conclusions	conclusion	NOUN
hassl-848	310	23	as	as	ADV
hassl-848	310	24	well	well	ADV
hassl-848	310	25	as	as	ADP
hassl-848	310	26	to	to	PART
hassl-848	310	27	test	test	VERB
hassl-848	310	28	the	the	DET
hassl-848	310	29	interactions	interaction	NOUN
hassl-848	310	30	between	between	ADP
hassl-848	310	31	the	the	DET
hassl-848	310	32	variables	variable	NOUN
hassl-848	310	33	.	.	PUNCT
hassl-848	311	1	in	in	ADP
hassl-848	311	2	order	order	NOUN
hassl-848	311	3	to	to	PART
hassl-848	311	4	examine	examine	VERB
hassl-848	311	5	the	the	DET
hassl-848	311	6	interactions	interaction	NOUN
hassl-848	311	7	between	between	ADP
hassl-848	311	8	the	the	DET
hassl-848	311	9	variables	variable	NOUN
hassl-848	311	10	,	,	PUNCT
hassl-848	311	11	the	the	DET
hassl-848	311	12	correlation	correlation	NOUN
hassl-848	311	13	coefficient	coefficient	NOUN
hassl-848	311	14	analysis	analysis	NOUN
hassl-848	311	15	is	be	AUX
hassl-848	311	16	used	use	VERB
hassl-848	311	17	.	.	PUNCT
hassl-848	312	1	one	one	NUM
hassl-848	312	2	of	of	ADP
hassl-848	312	3	the	the	DET
hassl-848	312	4	statistical	statistical	ADJ
hassl-848	312	5	methods	method	NOUN
hassl-848	312	6	used	use	VERB
hassl-848	312	7	for	for	ADP
hassl-848	312	8	the	the	DET
hassl-848	312	9	purpose	purpose	NOUN
hassl-848	312	10	of	of	ADP
hassl-848	312	11	this	this	DET
hassl-848	312	12	study	study	NOUN
hassl-848	312	13	is	be	AUX
hassl-848	312	14	the	the	DET
hassl-848	312	15	pearson	pearson	PROPN
hassl-848	312	16	correlation	correlation	NOUN
hassl-848	312	17	.	.	PUNCT
hassl-848	313	1	it	it	PRON
hassl-848	313	2	is	be	AUX
hassl-848	313	3	used	use	VERB
hassl-848	313	4	to	to	PART
hassl-848	313	5	test	test	VERB
hassl-848	313	6	whether	whether	SCONJ
hassl-848	313	7	there	there	PRON
hassl-848	313	8	is	be	VERB
hassl-848	313	9	a	a	DET
hassl-848	313	10	significant	significant	ADJ
hassl-848	313	11	positive	positive	ADJ
hassl-848	313	12	or	or	CCONJ
hassl-848	313	13	negative	negative	ADJ
hassl-848	313	14	correlation	correlation	NOUN
hassl-848	313	15	among	among	ADP
hassl-848	313	16	the	the	DET
hassl-848	313	17	variables	variable	NOUN
hassl-848	313	18	.	.	PUNCT
hassl-848	314	1	while	while	SCONJ
hassl-848	314	2	the	the	DET
hassl-848	314	3	regression	regression	NOUN
hassl-848	314	4	model	model	NOUN
hassl-848	314	5	is	be	AUX
hassl-848	314	6	employed	employ	VERB
hassl-848	314	7	to	to	PART
hassl-848	314	8	determine	determine	VERB
hassl-848	314	9	the	the	DET
hassl-848	314	10	significance	significance	NOUN
hassl-848	314	11	of	of	ADP
hassl-848	314	12	the	the	DET
hassl-848	314	13	relationship	relationship	NOUN
hassl-848	314	14	between	between	ADP
hassl-848	314	15	the	the	DET
hassl-848	314	16	corporate	corporate	ADJ
hassl-848	314	17	governance	governance	NOUN
hassl-848	314	18	mechanisms	mechanism	NOUN
hassl-848	314	19	and	and	CCONJ
hassl-848	314	20	firm	firm	ADJ
hassl-848	314	21	risk	risk	NOUN
hassl-848	314	22	.	.	PUNCT
hassl-848	315	1	regression	regression	NOUN
hassl-848	315	2	model	model	NOUN
hassl-848	315	3	is	be	AUX
hassl-848	315	4	as	as	ADP
hassl-848	315	5	follow	follow	VERB
hassl-848	315	6	:	:	PUNCT
hassl-848	315	7	firm	firm	NOUN
hassl-848	315	8	’s	’s	PART
hassl-848	315	9	risk	risk	NOUN
hassl-848	316	1	=	=	PUNCT
hassl-848	316	2	β0	β0	PROPN
hassl-848	317	1	+	+	CCONJ
hassl-848	317	2	β1indbrd	β1indbrd	PROPN
hassl-848	318	1	+	+	CCONJ
hassl-848	318	2	β2ibrdc	β2ibrdc	NOUN
hassl-848	319	1	+	+	CCONJ
hassl-848	319	2	β3brdsize	β3brdsize	NOUN
hassl-848	319	3	+	+	CCONJ
hassl-848	319	4	β4cdual	β4cdual	ADJ
hassl-848	319	5	+	+	CCONJ
hassl-848	319	6	β5asize	β5asize	ADJ
hassl-848	319	7	+	+	CCONJ
hassl-848	319	8	ε	ε	PROPN
hassl-848	319	9	humanities	humanity	NOUN
hassl-848	319	10	and	and	CCONJ
hassl-848	319	11	social	social	ADJ
hassl-848	319	12	sciences	science	NOUN
hassl-848	319	13	letters	letter	NOUN
hassl-848	319	14	,	,	PUNCT
hassl-848	319	15	2020	2020	NUM
hassl-848	319	16	,	,	PUNCT
hassl-848	319	17	8(2	8(2	NUM
hassl-848	319	18	):	):	PUNCT
hassl-848	319	19	169	169	NUM
hassl-848	319	20	-	-	SYM
hassl-848	319	21	193	193	NUM
hassl-848	319	22	180	180	NUM
hassl-848	319	23	©	©	PROPN
hassl-848	319	24	2020	2020	NUM
hassl-848	319	25	conscientia	conscientia	PROPN
hassl-848	319	26	beam	beam	PROPN
hassl-848	319	27	.	.	PUNCT
hassl-848	320	1	all	all	DET
hassl-848	320	2	rights	right	NOUN
hassl-848	320	3	reserved	reserve	VERB
hassl-848	320	4	.	.	PUNCT
hassl-848	321	1	5	5	X
hassl-848	321	2	.	.	X
hassl-848	321	3	result	result	NOUN
hassl-848	321	4	and	and	CCONJ
hassl-848	321	5	discussion	discussion	NOUN
hassl-848	321	6	5.1	5.1	NUM
hassl-848	321	7	.	.	PUNCT
hassl-848	322	1	description	description	NOUN
hassl-848	322	2	of	of	ADP
hassl-848	322	3	data	datum	NOUN
hassl-848	322	4	this	this	DET
hassl-848	322	5	study	study	NOUN
hassl-848	322	6	employs	employ	VERB
hassl-848	322	7	the	the	DET
hassl-848	322	8	quantitative	quantitative	ADJ
hassl-848	322	9	technique	technique	NOUN
hassl-848	322	10	which	which	PRON
hassl-848	322	11	is	be	AUX
hassl-848	322	12	using	use	VERB
hassl-848	322	13	the	the	DET
hassl-848	322	14	numerical	numerical	ADJ
hassl-848	322	15	data	data	PROPN
hassl-848	322	16	.	.	PUNCT
hassl-848	323	1	quantitative	quantitative	ADJ
hassl-848	323	2	technique	technique	NOUN
hassl-848	323	3	involved	involve	VERB
hassl-848	323	4	numerical	numerical	ADJ
hassl-848	323	5	representation	representation	NOUN
hassl-848	323	6	and	and	CCONJ
hassl-848	323	7	manipulation	manipulation	NOUN
hassl-848	323	8	of	of	ADP
hassl-848	323	9	observations	observation	NOUN
hassl-848	323	10	for	for	ADP
hassl-848	323	11	the	the	DET
hassl-848	323	12	purpose	purpose	NOUN
hassl-848	323	13	of	of	ADP
hassl-848	323	14	describing	describe	VERB
hassl-848	323	15	,	,	PUNCT
hassl-848	323	16	explaining	explain	VERB
hassl-848	323	17	,	,	PUNCT
hassl-848	323	18	and	and	CCONJ
hassl-848	323	19	testing	testing	NOUN
hassl-848	323	20	hypotheses	hypothesis	NOUN
hassl-848	323	21	.	.	PUNCT
hassl-848	324	1	there	there	PRON
hassl-848	324	2	is	be	VERB
hassl-848	324	3	one	one	NUM
hassl-848	324	4	dependent	dependent	ADJ
hassl-848	324	5	variable	variable	NOUN
hassl-848	324	6	;	;	PUNCT
hassl-848	324	7	firm	firm	NOUN
hassl-848	324	8	’s	’s	PART
hassl-848	324	9	risk	risk	NOUN
hassl-848	324	10	and	and	CCONJ
hassl-848	324	11	five	five	NUM
hassl-848	324	12	independent	independent	ADJ
hassl-848	324	13	variables	variable	NOUN
hassl-848	324	14	which	which	PRON
hassl-848	324	15	focus	focus	VERB
hassl-848	324	16	on	on	ADP
hassl-848	324	17	board	board	NOUN
hassl-848	324	18	characteristics	characteristic	NOUN
hassl-848	324	19	namely	namely	ADV
hassl-848	324	20	board	board	NOUN
hassl-848	324	21	independence	independence	NOUN
hassl-848	324	22	,	,	PUNCT
hassl-848	324	23	board	board	NOUN
hassl-848	324	24	size	size	NOUN
hassl-848	324	25	,	,	PUNCT
hassl-848	324	26	chief	chief	ADJ
hassl-848	324	27	executive	executive	ADJ
hassl-848	324	28	officer	officer	NOUN
hassl-848	324	29	(	(	PUNCT
hassl-848	324	30	ceo	ceo	NOUN
hassl-848	324	31	)	)	PUNCT
hassl-848	324	32	duality	duality	NOUN
hassl-848	324	33	,	,	PUNCT
hassl-848	324	34	existence	existence	NOUN
hassl-848	324	35	of	of	ADP
hassl-848	324	36	audit	audit	NOUN
hassl-848	324	37	and	and	CCONJ
hassl-848	324	38	nomination	nomination	NOUN
hassl-848	324	39	committee	committee	NOUN
hassl-848	324	40	and	and	CCONJ
hassl-848	324	41	also	also	ADV
hassl-848	324	42	independence	independence	NOUN
hassl-848	324	43	of	of	ADP
hassl-848	324	44	board	board	NOUN
hassl-848	324	45	committee	committee	NOUN
hassl-848	324	46	.	.	PUNCT
hassl-848	325	1	all	all	PRON
hassl-848	325	2	of	of	ADP
hassl-848	325	3	the	the	DET
hassl-848	325	4	variables	variable	NOUN
hassl-848	325	5	are	be	AUX
hassl-848	325	6	categorized	categorize	VERB
hassl-848	325	7	as	as	ADP
hassl-848	325	8	numerical	numerical	ADJ
hassl-848	325	9	data	datum	NOUN
hassl-848	325	10	.	.	PUNCT
hassl-848	326	1	according	accord	VERB
hassl-848	326	2	to	to	ADP
hassl-848	326	3	a	a	DET
hassl-848	326	4	prior	prior	ADJ
hassl-848	326	5	study	study	NOUN
hassl-848	326	6	,	,	PUNCT
hassl-848	326	7	in	in	ADP
hassl-848	326	8	order	order	NOUN
hassl-848	326	9	to	to	PART
hassl-848	326	10	choose	choose	VERB
hassl-848	326	11	appropriate	appropriate	ADJ
hassl-848	326	12	tests	test	NOUN
hassl-848	326	13	,	,	PUNCT
hassl-848	326	14	one	one	PRON
hassl-848	326	15	should	should	AUX
hassl-848	326	16	first	first	ADV
hassl-848	326	17	classify	classify	VERB
hassl-848	326	18	the	the	DET
hassl-848	326	19	type	type	NOUN
hassl-848	326	20	of	of	ADP
hassl-848	326	21	data	datum	NOUN
hassl-848	326	22	used	use	VERB
hassl-848	326	23	in	in	ADP
hassl-848	326	24	the	the	DET
hassl-848	326	25	study	study	NOUN
hassl-848	326	26	(	(	PUNCT
hassl-848	326	27	culén	culén	NOUN
hassl-848	326	28	,	,	PUNCT
hassl-848	326	29	2010	2010	NUM
hassl-848	326	30	)	)	PUNCT
hassl-848	326	31	.	.	PUNCT
hassl-848	327	1	table	table	NOUN
hassl-848	327	2	3	3	NUM
hassl-848	327	3	below	below	ADP
hassl-848	327	4	list	list	NOUN
hassl-848	327	5	the	the	DET
hassl-848	327	6	variables	variable	NOUN
hassl-848	327	7	used	use	VERB
hassl-848	327	8	for	for	ADP
hassl-848	327	9	the	the	DET
hassl-848	327	10	study	study	NOUN
hassl-848	327	11	.	.	PUNCT
hassl-848	328	1	table-3	table-3	X
hassl-848	328	2	.	.	PUNCT
hassl-848	328	3	types	type	NOUN
hassl-848	328	4	of	of	ADP
hassl-848	328	5	variables	variable	NOUN
hassl-848	328	6	.	.	PUNCT
hassl-848	329	1	variables	variable	NOUN
hassl-848	329	2	name	name	NOUN
hassl-848	329	3	of	of	ADP
hassl-848	329	4	variables	variable	NOUN
hassl-848	329	5	type	type	VERB
hassl-848	329	6	dependent	dependent	ADJ
hassl-848	329	7	firm	firm	NOUN
hassl-848	329	8	’s	’s	PART
hassl-848	329	9	risk	risk	NOUN
hassl-848	329	10	numerical	numerical	PROPN
hassl-848	329	11	independent	independent	PROPN
hassl-848	329	12	board	board	PROPN
hassl-848	329	13	independent	independent	PROPN
hassl-848	329	14	numerical	numerical	PROPN
hassl-848	329	15	independent	independent	PROPN
hassl-848	329	16	board	board	PROPN
hassl-848	329	17	size	size	NOUN
hassl-848	329	18	numerical	numerical	PROPN
hassl-848	329	19	independent	independent	PROPN
hassl-848	329	20	independent	independent	PROPN
hassl-848	329	21	board	board	PROPN
hassl-848	329	22	committee	committee	PROPN
hassl-848	329	23	numerical	numerical	PROPN
hassl-848	329	24	independent	independent	PROPN
hassl-848	329	25	ceo	ceo	PROPN
hassl-848	329	26	duality	duality	PROPN
hassl-848	329	27	numerical	numerical	ADJ
hassl-848	329	28	independent	independent	ADJ
hassl-848	329	29	existence	existence	NOUN
hassl-848	329	30	of	of	ADP
hassl-848	329	31	audit	audit	NOUN
hassl-848	329	32	committee	committee	NOUN
hassl-848	329	33	/	/	SYM
hassl-848	329	34	nomination	nomination	NOUN
hassl-848	329	35	or	or	CCONJ
hassl-848	329	36	remuneration	remuneration	NOUN
hassl-848	329	37	committee	committee	PROPN
hassl-848	329	38	numerical	numerical	PROPN
hassl-848	329	39	control	control	PROPN
hassl-848	329	40	asset	asset	PROPN
hassl-848	329	41	size	size	NOUN
hassl-848	329	42	numerical	numerical	ADJ
hassl-848	329	43	5.2	5.2	NUM
hassl-848	329	44	.	.	PUNCT
hassl-848	330	1	dependent	dependent	ADJ
hassl-848	330	2	variable	variable	ADJ
hassl-848	330	3	firm	firm	NOUN
hassl-848	330	4	’s	’s	PART
hassl-848	330	5	risk	risk	NOUN
hassl-848	330	6	is	be	AUX
hassl-848	330	7	the	the	DET
hassl-848	330	8	dependent	dependent	ADJ
hassl-848	330	9	variable	variable	NOUN
hassl-848	330	10	for	for	ADP
hassl-848	330	11	this	this	DET
hassl-848	330	12	study	study	NOUN
hassl-848	330	13	.	.	PUNCT
hassl-848	331	1	the	the	DET
hassl-848	331	2	data	datum	NOUN
hassl-848	331	3	was	be	AUX
hassl-848	331	4	obtained	obtain	VERB
hassl-848	331	5	from	from	ADP
hassl-848	331	6	treasury	treasury	PROPN
hassl-848	331	7	bill	bill	NOUN
hassl-848	331	8	rates	rate	NOUN
hassl-848	331	9	in	in	ADP
hassl-848	331	10	order	order	NOUN
hassl-848	331	11	to	to	PART
hassl-848	331	12	determine	determine	VERB
hassl-848	331	13	risk	risk	NOUN
hassl-848	331	14	free	free	ADJ
hassl-848	331	15	rate	rate	NOUN
hassl-848	331	16	(	(	PUNCT
hassl-848	331	17	rf	rf	NOUN
hassl-848	331	18	)	)	PUNCT
hassl-848	331	19	for	for	ADP
hassl-848	331	20	the	the	DET
hassl-848	331	21	year	year	NOUN
hassl-848	331	22	2013	2013	NUM
hassl-848	331	23	to	to	ADP
hassl-848	331	24	2016	2016	NUM
hassl-848	331	25	.	.	PUNCT
hassl-848	332	1	while	while	SCONJ
hassl-848	332	2	the	the	DET
hassl-848	332	3	expected	expect	VERB
hassl-848	332	4	market	market	NOUN
hassl-848	332	5	return	return	NOUN
hassl-848	332	6	(	(	PUNCT
hassl-848	332	7	rm	rm	NOUN
hassl-848	332	8	)	)	PUNCT
hassl-848	332	9	(	(	PUNCT
hassl-848	332	10	normally	normally	ADV
hassl-848	332	11	in	in	ADP
hassl-848	332	12	percentage	percentage	NOUN
hassl-848	332	13	)	)	PUNCT
hassl-848	332	14	was	be	AUX
hassl-848	332	15	obtained	obtain	VERB
hassl-848	332	16	from	from	ADP
hassl-848	332	17	amanah	amanah	PROPN
hassl-848	332	18	saham	saham	PROPN
hassl-848	332	19	nasional	nasional	PROPN
hassl-848	332	20	berhad	berhad	PROPN
hassl-848	332	21	(	(	PUNCT
hassl-848	332	22	asnb	asnb	ADJ
hassl-848	332	23	)	)	PUNCT
hassl-848	332	24	rate	rate	NOUN
hassl-848	332	25	.	.	PUNCT
hassl-848	333	1	the	the	DET
hassl-848	333	2	descriptions	description	NOUN
hassl-848	333	3	of	of	ADP
hassl-848	333	4	the	the	DET
hassl-848	333	5	data	datum	NOUN
hassl-848	333	6	are	be	AUX
hassl-848	333	7	as	as	ADP
hassl-848	333	8	in	in	ADP
hassl-848	333	9	the	the	DET
hassl-848	333	10	following	follow	VERB
hassl-848	333	11	table	table	NOUN
hassl-848	333	12	4	4	NUM
hassl-848	333	13	.	.	PUNCT
hassl-848	334	1	table-4	table-4	NOUN
hassl-848	334	2	.	.	PUNCT
hassl-848	334	3	descriptive	descriptive	ADJ
hassl-848	334	4	statistics	statistic	NOUN
hassl-848	334	5	for	for	ADP
hassl-848	334	6	dependent	dependent	ADJ
hassl-848	334	7	variable	variable	NOUN
hassl-848	334	8	.	.	PUNCT
hassl-848	335	1	n	n	PRON
hassl-848	335	2	minimum	minimum	ADJ
hassl-848	335	3	maximum	maximum	ADJ
hassl-848	335	4	mean	mean	ADJ
hassl-848	335	5	std	std	NOUN
hassl-848	335	6	.	.	PUNCT
hassl-848	335	7	deviation	deviation	NOUN
hassl-848	335	8	frisk	frisk	NOUN
hassl-848	335	9	1208	1208	NUM
hassl-848	335	10	-2.9375	-2.9375	NOUN
hassl-848	335	11	3.0256	3.0256	NUM
hassl-848	335	12	.000054	.000054	NOUN
hassl-848	335	13	.9949347	.9949347	ADJ
hassl-848	335	14	the	the	DET
hassl-848	335	15	analysis	analysis	NOUN
hassl-848	335	16	includes	include	VERB
hassl-848	335	17	the	the	DET
hassl-848	335	18	maximum	maximum	ADJ
hassl-848	335	19	value	value	NOUN
hassl-848	335	20	,	,	PUNCT
hassl-848	335	21	minimum	minimum	NOUN
hassl-848	335	22	value	value	NOUN
hassl-848	335	23	,	,	PUNCT
hassl-848	335	24	mean	mean	ADJ
hassl-848	335	25	and	and	CCONJ
hassl-848	335	26	standard	standard	ADJ
hassl-848	335	27	deviation	deviation	NOUN
hassl-848	335	28	.	.	PUNCT
hassl-848	336	1	referring	refer	VERB
hassl-848	336	2	to	to	ADP
hassl-848	336	3	table	table	NOUN
hassl-848	336	4	4	4	NUM
hassl-848	336	5	,	,	PUNCT
hassl-848	336	6	samples	sample	NOUN
hassl-848	336	7	in	in	ADP
hassl-848	336	8	this	this	DET
hassl-848	336	9	study	study	NOUN
hassl-848	336	10	covering	cover	VERB
hassl-848	336	11	data	datum	NOUN
hassl-848	336	12	of	of	ADP
hassl-848	336	13	1208	1208	NUM
hassl-848	336	14	companies	company	NOUN
hassl-848	336	15	(	(	PUNCT
hassl-848	336	16	302	302	NUM
hassl-848	336	17	companies	company	NOUN
hassl-848	336	18	for	for	ADP
hassl-848	336	19	4	4	NUM
hassl-848	336	20	years	year	NOUN
hassl-848	336	21	period	period	NOUN
hassl-848	336	22	)	)	PUNCT
hassl-848	336	23	from	from	ADP
hassl-848	336	24	shariah	shariah	PROPN
hassl-848	336	25	compliance	compliance	NOUN
hassl-848	336	26	in	in	ADP
hassl-848	336	27	the	the	DET
hassl-848	336	28	main	main	ADJ
hassl-848	336	29	market	market	NOUN
hassl-848	336	30	of	of	ADP
hassl-848	336	31	bursa	bursa	PROPN
hassl-848	336	32	malaysia	malaysia	PROPN
hassl-848	336	33	.	.	PUNCT
hassl-848	337	1	the	the	DET
hassl-848	337	2	maximum	maximum	ADJ
hassl-848	337	3	value	value	NOUN
hassl-848	337	4	for	for	ADP
hassl-848	337	5	firm	firm	NOUN
hassl-848	337	6	’s	’s	PART
hassl-848	337	7	risk	risk	NOUN
hassl-848	337	8	is	be	AUX
hassl-848	337	9	3.0256	3.0256	NUM
hassl-848	337	10	and	and	CCONJ
hassl-848	337	11	the	the	DET
hassl-848	337	12	minimum	minimum	ADJ
hassl-848	337	13	value	value	NOUN
hassl-848	337	14	is	be	AUX
hassl-848	337	15	2.9375	2.9375	NUM
hassl-848	337	16	.	.	PUNCT
hassl-848	338	1	while	while	SCONJ
hassl-848	338	2	the	the	DET
hassl-848	338	3	mean	mean	NOUN
hassl-848	338	4	which	which	PRON
hassl-848	338	5	represents	represent	VERB
hassl-848	338	6	the	the	DET
hassl-848	338	7	average	average	ADJ
hassl-848	338	8	risk	risk	NOUN
hassl-848	338	9	for	for	ADP
hassl-848	338	10	the	the	DET
hassl-848	338	11	samples	sample	NOUN
hassl-848	338	12	is	be	AUX
hassl-848	338	13	0.000054	0.000054	NUM
hassl-848	338	14	.	.	PUNCT
hassl-848	339	1	5.3	5.3	NUM
hassl-848	339	2	.	.	PUNCT
hassl-848	340	1	independent	independent	ADJ
hassl-848	340	2	variables	variable	NOUN
hassl-848	340	3	table-5	table-5	PROPN
hassl-848	340	4	.	.	PUNCT
hassl-848	341	1	descriptive	descriptive	ADJ
hassl-848	341	2	statistics	statistic	NOUN
hassl-848	341	3	for	for	ADP
hassl-848	341	4	independent	independent	ADJ
hassl-848	341	5	variables	variable	NOUN
hassl-848	341	6	.	.	PUNCT
hassl-848	342	1	n	n	PRON
hassl-848	342	2	minimum	minimum	ADJ
hassl-848	342	3	maximum	maximum	ADJ
hassl-848	342	4	mean	mean	ADJ
hassl-848	342	5	std	std	NOUN
hassl-848	342	6	.	.	PUNCT
hassl-848	342	7	deviation	deviation	NOUN
hassl-848	342	8	indbrd	indbrd	NOUN
hassl-848	342	9	1208	1208	NUM
hassl-848	342	10	.00	.00	NUM
hassl-848	342	11	18.00	18.00	NUM
hassl-848	342	12	.4674	.4674	NOUN
hassl-848	342	13	1.02456	1.02456	NUM
hassl-848	342	14	ibrdc	ibrdc	NOUN
hassl-848	342	15	1208	1208	NUM
hassl-848	342	16	.00	.00	NUM
hassl-848	342	17	1.00	1.00	NUM
hassl-848	342	18	.6507	.6507	PUNCT
hassl-848	342	19	.21887	.21887	VERB
hassl-848	342	20	brdsize	brdsize	NOUN
hassl-848	342	21	1208	1208	NUM
hassl-848	342	22	4.00	4.00	NUM
hassl-848	342	23	39.00	39.00	NUM
hassl-848	342	24	8.6722	8.6722	NUM
hassl-848	342	25	4.06433	4.06433	NUM
hassl-848	342	26	cdual	cdual	ADJ
hassl-848	342	27	1208	1208	NUM
hassl-848	342	28	1.00	1.00	NUM
hassl-848	342	29	2.00	2.00	NUM
hassl-848	342	30	1.0497	1.0497	NUM
hassl-848	342	31	.21735	.21735	NOUN
hassl-848	342	32	earc	earc	X
hassl-848	342	33	1208	1208	NUM
hassl-848	342	34	2.00	2.00	NUM
hassl-848	342	35	2.00	2.00	NUM
hassl-848	342	36	2.0000	2.0000	NUM
hassl-848	342	37	.00000	.00000	NOUN
hassl-848	342	38	as	as	SCONJ
hassl-848	342	39	shown	show	VERB
hassl-848	342	40	in	in	ADP
hassl-848	342	41	table	table	NOUN
hassl-848	342	42	5	5	NUM
hassl-848	342	43	above	above	ADV
hassl-848	342	44	,	,	PUNCT
hassl-848	342	45	the	the	DET
hassl-848	342	46	descriptive	descriptive	ADJ
hassl-848	342	47	statistics	statistic	NOUN
hassl-848	342	48	for	for	ADP
hassl-848	342	49	independent	independent	ADJ
hassl-848	342	50	variables	variable	NOUN
hassl-848	342	51	illustrate	illustrate	VERB
hassl-848	342	52	the	the	DET
hassl-848	342	53	minimum	minimum	ADJ
hassl-848	342	54	,	,	PUNCT
hassl-848	342	55	maximum	maximum	ADJ
hassl-848	342	56	,	,	PUNCT
hassl-848	342	57	mean	mean	ADJ
hassl-848	342	58	and	and	CCONJ
hassl-848	342	59	standard	standard	ADJ
hassl-848	342	60	deviation	deviation	NOUN
hassl-848	342	61	respectively	respectively	ADV
hassl-848	342	62	.	.	PUNCT
hassl-848	343	1	independent	independent	PROPN
hassl-848	343	2	board	board	PROPN
hassl-848	343	3	(	(	PUNCT
hassl-848	343	4	indbrd	indbrd	PROPN
hassl-848	343	5	)	)	PUNCT
hassl-848	343	6	shows	show	VERB
hassl-848	343	7	a	a	DET
hassl-848	343	8	value	value	NOUN
hassl-848	343	9	of	of	ADP
hassl-848	343	10	minimum	minimum	NOUN
hassl-848	343	11	(	(	PUNCT
hassl-848	343	12	0.00	0.00	NUM
hassl-848	343	13	)	)	PUNCT
hassl-848	343	14	,	,	PUNCT
hassl-848	343	15	maximum	maximum	X
hassl-848	343	16	(	(	PUNCT
hassl-848	343	17	18.00	18.00	NUM
hassl-848	343	18	)	)	PUNCT
hassl-848	343	19	and	and	CCONJ
hassl-848	343	20	mean	mean	VERB
hassl-848	343	21	(	(	PUNCT
hassl-848	343	22	0.4674	0.4674	NUM
hassl-848	343	23	)	)	PUNCT
hassl-848	343	24	.	.	PUNCT
hassl-848	344	1	the	the	DET
hassl-848	344	2	result	result	NOUN
hassl-848	344	3	for	for	ADP
hassl-848	344	4	indbrd	indbrd	PROPN
hassl-848	344	5	indicates	indicate	VERB
hassl-848	344	6	that	that	SCONJ
hassl-848	344	7	overall	overall	ADJ
hassl-848	344	8	sample	sample	NOUN
hassl-848	344	9	firms	firm	NOUN
hassl-848	344	10	consist	consist	VERB
hassl-848	344	11	of	of	ADP
hassl-848	344	12	at	at	ADV
hassl-848	344	13	least	least	ADJ
hassl-848	344	14	2	2	NUM
hassl-848	344	15	persons	person	NOUN
hassl-848	344	16	or	or	CCONJ
hassl-848	344	17	1/3	1/3	NUM
hassl-848	344	18	of	of	ADP
hassl-848	344	19	the	the	DET
hassl-848	344	20	independent	independent	ADJ
hassl-848	344	21	directors	director	NOUN
hassl-848	344	22	(	(	PUNCT
hassl-848	344	23	embong	embong	ADV
hassl-848	344	24	et	et	PROPN
hassl-848	344	25	al	al	PROPN
hassl-848	344	26	.	.	PROPN
hassl-848	344	27	,	,	PUNCT
hassl-848	344	28	2012	2012	NUM
hassl-848	344	29	)	)	PUNCT
hassl-848	344	30	.	.	PUNCT
hassl-848	345	1	meanwhile	meanwhile	ADV
hassl-848	345	2	,	,	PUNCT
hassl-848	345	3	independent	independent	PROPN
hassl-848	345	4	board	board	PROPN
hassl-848	345	5	committee	committee	PROPN
hassl-848	345	6	(	(	PUNCT
hassl-848	345	7	ibrdc	ibrdc	NOUN
hassl-848	345	8	)	)	PUNCT
hassl-848	345	9	indicates	indicate	VERB
hassl-848	345	10	(	(	PUNCT
hassl-848	345	11	0.00	0.00	NUM
hassl-848	345	12	)	)	PUNCT
hassl-848	345	13	for	for	ADP
hassl-848	345	14	minimum	minimum	NOUN
hassl-848	345	15	value	value	NOUN
hassl-848	345	16	,	,	PUNCT
hassl-848	345	17	(	(	PUNCT
hassl-848	345	18	1.00	1.00	NUM
hassl-848	345	19	)	)	PUNCT
hassl-848	345	20	of	of	ADP
hassl-848	345	21	maximum	maximum	ADJ
hassl-848	345	22	value	value	NOUN
hassl-848	345	23	and	and	CCONJ
hassl-848	345	24	mean	mean	ADJ
hassl-848	345	25	of	of	ADP
hassl-848	345	26	(	(	PUNCT
hassl-848	345	27	0.6507	0.6507	NUM
hassl-848	345	28	)	)	PUNCT
hassl-848	345	29	.	.	PUNCT
hassl-848	346	1	likewise	likewise	ADV
hassl-848	346	2	,	,	PUNCT
hassl-848	346	3	humanities	humanity	NOUN
hassl-848	346	4	and	and	CCONJ
hassl-848	346	5	social	social	ADJ
hassl-848	346	6	sciences	science	NOUN
hassl-848	346	7	letters	letter	NOUN
hassl-848	346	8	,	,	PUNCT
hassl-848	346	9	2020	2020	NUM
hassl-848	346	10	,	,	PUNCT
hassl-848	346	11	8(2	8(2	NUM
hassl-848	346	12	):	):	PUNCT
hassl-848	346	13	169	169	NUM
hassl-848	346	14	-	-	SYM
hassl-848	346	15	193	193	NUM
hassl-848	346	16	181	181	NUM
hassl-848	346	17	©	©	PROPN
hassl-848	346	18	2020	2020	NUM
hassl-848	346	19	conscientia	conscientia	PROPN
hassl-848	346	20	beam	beam	PROPN
hassl-848	346	21	.	.	PUNCT
hassl-848	347	1	all	all	DET
hassl-848	347	2	rights	right	NOUN
hassl-848	347	3	reserved	reserve	VERB
hassl-848	347	4	.	.	PUNCT
hassl-848	348	1	ceo	ceo	NOUN
hassl-848	348	2	duality	duality	NOUN
hassl-848	348	3	(	(	PUNCT
hassl-848	348	4	cdual	cdual	ADJ
hassl-848	348	5	)	)	PUNCT
hassl-848	348	6	indicates	indicate	VERB
hassl-848	348	7	(	(	PUNCT
hassl-848	348	8	1.00	1.00	NUM
hassl-848	348	9	)	)	PUNCT
hassl-848	348	10	of	of	ADP
hassl-848	348	11	minimum	minimum	ADJ
hassl-848	348	12	value	value	NOUN
hassl-848	348	13	,	,	PUNCT
hassl-848	348	14	while	while	SCONJ
hassl-848	348	15	maximum	maximum	ADJ
hassl-848	348	16	value	value	NOUN
hassl-848	348	17	is	be	AUX
hassl-848	348	18	(	(	PUNCT
hassl-848	348	19	2.00	2.00	NUM
hassl-848	348	20	)	)	PUNCT
hassl-848	348	21	and	and	CCONJ
hassl-848	348	22	mean	mean	VERB
hassl-848	348	23	(	(	PUNCT
hassl-848	348	24	1.0497	1.0497	NUM
hassl-848	348	25	)	)	PUNCT
hassl-848	348	26	.	.	PUNCT
hassl-848	349	1	this	this	DET
hassl-848	349	2	result	result	NOUN
hassl-848	349	3	indicates	indicate	VERB
hassl-848	349	4	that	that	SCONJ
hassl-848	349	5	almost	almost	ADV
hassl-848	349	6	95	95	NUM
hassl-848	349	7	%	%	NOUN
hassl-848	349	8	of	of	ADP
hassl-848	349	9	the	the	DET
hassl-848	349	10	sample	sample	NOUN
hassl-848	349	11	firms	firm	NOUN
hassl-848	349	12	practiced	practice	VERB
hassl-848	349	13	duality	duality	NOUN
hassl-848	349	14	among	among	ADP
hassl-848	349	15	their	their	PRON
hassl-848	349	16	board	board	NOUN
hassl-848	349	17	members	member	NOUN
hassl-848	349	18	.	.	PUNCT
hassl-848	350	1	moreover	moreover	ADV
hassl-848	350	2	,	,	PUNCT
hassl-848	350	3	board	board	NOUN
hassl-848	350	4	size	size	NOUN
hassl-848	350	5	(	(	PUNCT
hassl-848	350	6	brdsize	brdsize	NOUN
hassl-848	350	7	)	)	PUNCT
hassl-848	350	8	presents	present	NOUN
hassl-848	350	9	(	(	PUNCT
hassl-848	350	10	4.00	4.00	NUM
hassl-848	350	11	)	)	PUNCT
hassl-848	350	12	of	of	ADP
hassl-848	350	13	minimum	minimum	ADJ
hassl-848	350	14	value	value	NOUN
hassl-848	350	15	,	,	PUNCT
hassl-848	350	16	(	(	PUNCT
hassl-848	350	17	39.00	39.00	NUM
hassl-848	350	18	)	)	PUNCT
hassl-848	350	19	maximum	maximum	NOUN
hassl-848	351	1	and	and	CCONJ
hassl-848	351	2	(	(	PUNCT
hassl-848	351	3	8.6722	8.6722	NUM
hassl-848	351	4	)	)	PUNCT
hassl-848	351	5	mean	mean	NOUN
hassl-848	351	6	value	value	NOUN
hassl-848	351	7	.	.	PUNCT
hassl-848	352	1	brdsize	brdsize	VERB
hassl-848	352	2	in	in	ADP
hassl-848	352	3	this	this	DET
hassl-848	352	4	study	study	NOUN
hassl-848	352	5	consist	consist	NOUN
hassl-848	352	6	of	of	ADP
hassl-848	352	7	small	small	ADJ
hassl-848	352	8	size	size	NOUN
hassl-848	352	9	of	of	ADP
hassl-848	352	10	4	4	NUM
hassl-848	352	11	members	member	NOUN
hassl-848	352	12	and	and	CCONJ
hassl-848	352	13	large	large	ADJ
hassl-848	352	14	size	size	NOUN
hassl-848	352	15	of	of	ADP
hassl-848	352	16	39	39	NUM
hassl-848	352	17	members	member	NOUN
hassl-848	352	18	of	of	ADP
hassl-848	352	19	total	total	ADJ
hassl-848	352	20	boards	board	NOUN
hassl-848	352	21	.	.	PUNCT
hassl-848	353	1	this	this	PRON
hassl-848	353	2	shows	show	VERB
hassl-848	353	3	that	that	SCONJ
hassl-848	353	4	even	even	ADV
hassl-848	353	5	though	though	SCONJ
hassl-848	353	6	firms	firm	NOUN
hassl-848	353	7	in	in	ADP
hassl-848	353	8	the	the	DET
hassl-848	353	9	sample	sample	NOUN
hassl-848	353	10	are	be	AUX
hassl-848	353	11	all	all	PRON
hassl-848	353	12	listed	list	VERB
hassl-848	353	13	under	under	ADP
hassl-848	353	14	the	the	DET
hassl-848	353	15	main	main	ADJ
hassl-848	353	16	board	board	NOUN
hassl-848	353	17	,	,	PUNCT
hassl-848	353	18	the	the	DET
hassl-848	353	19	size	size	NOUN
hassl-848	353	20	still	still	ADV
hassl-848	353	21	varies	vary	VERB
hassl-848	353	22	considerably	considerably	ADV
hassl-848	353	23	(	(	PUNCT
hassl-848	353	24	embong	embong	ADV
hassl-848	353	25	et	et	PROPN
hassl-848	353	26	al	al	PROPN
hassl-848	353	27	.	.	PROPN
hassl-848	353	28	,	,	PUNCT
hassl-848	353	29	2012	2012	NUM
hassl-848	353	30	)	)	PUNCT
hassl-848	353	31	.	.	PUNCT
hassl-848	354	1	finally	finally	ADV
hassl-848	354	2	,	,	PUNCT
hassl-848	354	3	existence	existence	NOUN
hassl-848	354	4	of	of	ADP
hassl-848	354	5	audit	audit	NOUN
hassl-848	354	6	and	and	CCONJ
hassl-848	354	7	nomination	nomination	NOUN
hassl-848	354	8	or	or	CCONJ
hassl-848	354	9	remuneration	remuneration	NOUN
hassl-848	354	10	committee	committee	NOUN
hassl-848	354	11	(	(	PUNCT
hassl-848	354	12	earc	earc	PROPN
hassl-848	354	13	)	)	PUNCT
hassl-848	354	14	discloses	disclose	VERB
hassl-848	354	15	(	(	PUNCT
hassl-848	354	16	2.00	2.00	NUM
hassl-848	354	17	)	)	PUNCT
hassl-848	354	18	for	for	ADP
hassl-848	354	19	minimum	minimum	ADJ
hassl-848	354	20	,	,	PUNCT
hassl-848	354	21	maximum	maximum	ADJ
hassl-848	354	22	and	and	CCONJ
hassl-848	354	23	mean	mean	ADJ
hassl-848	354	24	value	value	NOUN
hassl-848	354	25	.	.	PUNCT
hassl-848	355	1	it	it	PRON
hassl-848	355	2	indicated	indicate	VERB
hassl-848	355	3	that	that	SCONJ
hassl-848	355	4	earc	earc	PROPN
hassl-848	355	5	consist	consist	NOUN
hassl-848	355	6	of	of	ADP
hassl-848	355	7	100	100	NUM
hassl-848	355	8	%	%	NOUN
hassl-848	355	9	of	of	ADP
hassl-848	355	10	sample	sample	NOUN
hassl-848	355	11	firm	firm	NOUN
hassl-848	355	12	have	have	VERB
hassl-848	355	13	both	both	PRON
hassl-848	355	14	audit	audit	NOUN
hassl-848	355	15	committee	committee	NOUN
hassl-848	355	16	or	or	CCONJ
hassl-848	355	17	remuneration	remuneration	NOUN
hassl-848	355	18	committee	committee	NOUN
hassl-848	355	19	and	and	CCONJ
hassl-848	355	20	it	it	PRON
hassl-848	355	21	seem	seem	VERB
hassl-848	355	22	that	that	SCONJ
hassl-848	355	23	earc	earc	PROPN
hassl-848	355	24	are	be	AUX
hassl-848	355	25	delegated	delegate	VERB
hassl-848	355	26	to	to	PART
hassl-848	355	27	be	be	AUX
hassl-848	355	28	responsible	responsible	ADJ
hassl-848	355	29	for	for	ADP
hassl-848	355	30	monitoring	monitor	VERB
hassl-848	355	31	accounting	accounting	NOUN
hassl-848	355	32	and	and	CCONJ
hassl-848	355	33	financial	financial	ADJ
hassl-848	355	34	process	process	NOUN
hassl-848	355	35	.	.	PUNCT
hassl-848	356	1	the	the	DET
hassl-848	356	2	next	next	ADJ
hassl-848	356	3	section	section	NOUN
hassl-848	356	4	will	will	AUX
hassl-848	356	5	be	be	AUX
hassl-848	356	6	explaining	explain	VERB
hassl-848	356	7	on	on	ADP
hassl-848	356	8	the	the	DET
hassl-848	356	9	inferential	inferential	ADJ
hassl-848	356	10	analyses	analysis	NOUN
hassl-848	356	11	consist	consist	VERB
hassl-848	356	12	of	of	ADP
hassl-848	356	13	normality	normality	NOUN
hassl-848	356	14	test	test	NOUN
hassl-848	356	15	,	,	PUNCT
hassl-848	356	16	correlation	correlation	NOUN
hassl-848	356	17	and	and	CCONJ
hassl-848	356	18	regression	regression	VERB
hassl-848	356	19	analysis	analysis	NOUN
hassl-848	356	20	in	in	ADP
hassl-848	356	21	order	order	NOUN
hassl-848	356	22	to	to	PART
hassl-848	356	23	examine	examine	VERB
hassl-848	356	24	the	the	DET
hassl-848	356	25	relationship	relationship	NOUN
hassl-848	356	26	between	between	ADP
hassl-848	356	27	corporate	corporate	ADJ
hassl-848	356	28	governance	governance	NOUN
hassl-848	356	29	mechanisms	mechanism	NOUN
hassl-848	356	30	with	with	ADP
hassl-848	356	31	firm	firm	NOUN
hassl-848	356	32	’s	’s	PART
hassl-848	356	33	risk	risk	NOUN
hassl-848	356	34	.	.	PUNCT
hassl-848	357	1	5.4	5.4	NUM
hassl-848	357	2	.	.	PUNCT
hassl-848	357	3	normality	normality	NOUN
hassl-848	357	4	test	test	NOUN
hassl-848	357	5	in	in	ADP
hassl-848	357	6	this	this	DET
hassl-848	357	7	study	study	NOUN
hassl-848	357	8	,	,	PUNCT
hassl-848	357	9	skewness	skewness	NOUN
hassl-848	357	10	and	and	CCONJ
hassl-848	357	11	kurtosis	kurtosis	NOUN
hassl-848	357	12	are	be	AUX
hassl-848	357	13	used	use	VERB
hassl-848	357	14	in	in	ADP
hassl-848	357	15	order	order	NOUN
hassl-848	357	16	to	to	PART
hassl-848	357	17	test	test	VERB
hassl-848	357	18	the	the	DET
hassl-848	357	19	normality	normality	NOUN
hassl-848	357	20	of	of	ADP
hassl-848	357	21	the	the	DET
hassl-848	357	22	data	datum	NOUN
hassl-848	357	23	gathered	gather	VERB
hassl-848	357	24	.	.	PUNCT
hassl-848	358	1	skewness	skewness	NOUN
hassl-848	358	2	is	be	AUX
hassl-848	358	3	a	a	DET
hassl-848	358	4	measure	measure	NOUN
hassl-848	358	5	of	of	ADP
hassl-848	358	6	symmetry	symmetry	NOUN
hassl-848	358	7	and	and	CCONJ
hassl-848	358	8	to	to	PART
hassl-848	358	9	know	know	VERB
hassl-848	358	10	whether	whether	SCONJ
hassl-848	358	11	the	the	DET
hassl-848	358	12	data	data	NOUN
hassl-848	358	13	is	be	AUX
hassl-848	358	14	skewed	skew	VERB
hassl-848	358	15	to	to	ADP
hassl-848	358	16	the	the	DET
hassl-848	358	17	left	left	NOUN
hassl-848	358	18	or	or	CCONJ
hassl-848	358	19	to	to	ADP
hassl-848	358	20	the	the	DET
hassl-848	358	21	right	right	NOUN
hassl-848	358	22	of	of	ADP
hassl-848	358	23	the	the	DET
hassl-848	358	24	center	center	NOUN
hassl-848	358	25	point	point	NOUN
hassl-848	358	26	.	.	PUNCT
hassl-848	359	1	while	while	SCONJ
hassl-848	359	2	kurtosis	kurtosis	NOUN
hassl-848	359	3	is	be	AUX
hassl-848	359	4	a	a	DET
hassl-848	359	5	measure	measure	NOUN
hassl-848	359	6	of	of	ADP
hassl-848	359	7	whether	whether	SCONJ
hassl-848	359	8	the	the	DET
hassl-848	359	9	data	datum	NOUN
hassl-848	359	10	are	be	AUX
hassl-848	359	11	peaked	peaked	ADJ
hassl-848	359	12	or	or	CCONJ
hassl-848	359	13	flat	flat	ADJ
hassl-848	359	14	relative	relative	ADJ
hassl-848	359	15	to	to	ADP
hassl-848	359	16	a	a	DET
hassl-848	359	17	normal	normal	ADJ
hassl-848	359	18	distribution	distribution	NOUN
hassl-848	359	19	.	.	PUNCT
hassl-848	360	1	however	however	ADV
hassl-848	360	2	,	,	PUNCT
hassl-848	360	3	after	after	ADP
hassl-848	360	4	performing	perform	VERB
hassl-848	360	5	normality	normality	NOUN
hassl-848	360	6	test	test	NOUN
hassl-848	360	7	the	the	DET
hassl-848	360	8	distribution	distribution	NOUN
hassl-848	360	9	of	of	ADP
hassl-848	360	10	data	datum	NOUN
hassl-848	360	11	for	for	ADP
hassl-848	360	12	this	this	DET
hassl-848	360	13	study	study	NOUN
hassl-848	360	14	not	not	PART
hassl-848	360	15	normally	normally	ADV
hassl-848	360	16	distributed	distribute	VERB
hassl-848	360	17	.	.	PUNCT
hassl-848	361	1	thus	thus	ADV
hassl-848	361	2	,	,	PUNCT
hassl-848	361	3	in	in	ADP
hassl-848	361	4	order	order	NOUN
hassl-848	361	5	to	to	PART
hassl-848	361	6	enhance	enhance	VERB
hassl-848	361	7	the	the	DET
hassl-848	361	8	normality	normality	NOUN
hassl-848	361	9	level	level	NOUN
hassl-848	361	10	,	,	PUNCT
hassl-848	361	11	the	the	DET
hassl-848	361	12	data	datum	NOUN
hassl-848	361	13	has	have	AUX
hassl-848	361	14	been	be	AUX
hassl-848	361	15	transformed	transform	VERB
hassl-848	361	16	by	by	ADP
hassl-848	361	17	using	use	VERB
hassl-848	361	18	vander	vander	PROPN
hassl-848	361	19	waerden	waerden	ADJ
hassl-848	361	20	method	method	NOUN
hassl-848	361	21	because	because	SCONJ
hassl-848	361	22	most	most	ADJ
hassl-848	361	23	of	of	ADP
hassl-848	361	24	the	the	DET
hassl-848	361	25	prior	prior	ADJ
hassl-848	361	26	research	research	NOUN
hassl-848	361	27	on	on	ADP
hassl-848	361	28	risk	risk	NOUN
hassl-848	361	29	disclosure	disclosure	NOUN
hassl-848	361	30	applied	apply	VERB
hassl-848	361	31	this	this	DET
hassl-848	361	32	test	test	NOUN
hassl-848	361	33	in	in	ADP
hassl-848	361	34	transforming	transform	VERB
hassl-848	361	35	their	their	PRON
hassl-848	361	36	data	datum	NOUN
hassl-848	361	37	(	(	PUNCT
hassl-848	361	38	amran	amran	ADJ
hassl-848	361	39	,	,	PUNCT
hassl-848	361	40	bin	bin	PROPN
hassl-848	361	41	,	,	PUNCT
hassl-848	361	42	&	&	CCONJ
hassl-848	361	43	hassan	hassan	PROPN
hassl-848	361	44	,	,	PUNCT
hassl-848	361	45	2009	2009	NUM
hassl-848	361	46	;	;	PUNCT
hassl-848	361	47	haniffa	haniffa	PROPN
hassl-848	361	48	&	&	CCONJ
hassl-848	361	49	cooke	cooke	PROPN
hassl-848	361	50	,	,	PUNCT
hassl-848	361	51	2002	2002	NUM
hassl-848	361	52	;	;	PUNCT
hassl-848	361	53	haniffa	haniffa	PROPN
hassl-848	361	54	.	.	PROPN
hassl-848	361	55	&	&	CCONJ
hassl-848	361	56	cooke	cooke	PROPN
hassl-848	361	57	,	,	PUNCT
hassl-848	361	58	2005	2005	NUM
hassl-848	361	59	)	)	PUNCT
hassl-848	361	60	.	.	PUNCT
hassl-848	362	1	the	the	DET
hassl-848	362	2	data	datum	NOUN
hassl-848	362	3	for	for	ADP
hassl-848	362	4	independent	independent	ADJ
hassl-848	362	5	board	board	NOUN
hassl-848	362	6	(	(	PUNCT
hassl-848	362	7	indbrd	indbrd	PROPN
hassl-848	362	8	)	)	PUNCT
hassl-848	362	9	,	,	PUNCT
hassl-848	362	10	board	board	NOUN
hassl-848	362	11	size	size	NOUN
hassl-848	362	12	(	(	PUNCT
hassl-848	362	13	brdsize	brdsize	PROPN
hassl-848	362	14	)	)	PUNCT
hassl-848	362	15	and	and	CCONJ
hassl-848	362	16	firm	firm	ADJ
hassl-848	362	17	risk	risk	NOUN
hassl-848	362	18	(	(	PUNCT
hassl-848	362	19	frisk	frisk	NOUN
hassl-848	362	20	)	)	PUNCT
hassl-848	362	21	variables	variable	NOUN
hassl-848	362	22	also	also	ADV
hassl-848	362	23	need	need	VERB
hassl-848	362	24	to	to	PART
hassl-848	362	25	be	be	AUX
hassl-848	362	26	transformed	transform	VERB
hassl-848	362	27	since	since	SCONJ
hassl-848	362	28	the	the	DET
hassl-848	362	29	data	data	NOUN
hassl-848	362	30	is	be	AUX
hassl-848	362	31	abnormal	abnormal	ADJ
hassl-848	362	32	.	.	PUNCT
hassl-848	363	1	this	this	PRON
hassl-848	363	2	is	be	AUX
hassl-848	363	3	in	in	ADP
hassl-848	363	4	line	line	NOUN
hassl-848	363	5	with	with	ADP
hassl-848	363	6	past	past	ADJ
hassl-848	363	7	study	study	NOUN
hassl-848	363	8	by	by	ADP
hassl-848	363	9	haniffa	haniffa	NOUN
hassl-848	363	10	and	and	CCONJ
hassl-848	363	11	cooke	cooke	PROPN
hassl-848	363	12	(	(	PUNCT
hassl-848	363	13	2002	2002	NUM
hassl-848	363	14	)	)	PUNCT
hassl-848	363	15	and	and	CCONJ
hassl-848	363	16	ahmed	ahmed	PROPN
hassl-848	363	17	haji	haji	PROPN
hassl-848	363	18	(	(	PUNCT
hassl-848	363	19	2014	2014	NUM
hassl-848	363	20	)	)	PUNCT
hassl-848	363	21	who	who	PRON
hassl-848	363	22	had	have	AUX
hassl-848	363	23	transform	transform	VERB
hassl-848	363	24	their	their	PRON
hassl-848	363	25	variable	variable	ADJ
hassl-848	363	26	data	datum	NOUN
hassl-848	363	27	to	to	PART
hassl-848	363	28	normalize	normalize	VERB
hassl-848	363	29	the	the	DET
hassl-848	363	30	abnormal	abnormal	ADJ
hassl-848	363	31	data	datum	NOUN
hassl-848	363	32	.	.	PUNCT
hassl-848	364	1	by	by	ADP
hassl-848	364	2	using	use	VERB
hassl-848	364	3	vander	vander	PROPN
hassl-848	364	4	waerden	waerden	ADJ
hassl-848	364	5	method	method	NOUN
hassl-848	364	6	,	,	PUNCT
hassl-848	364	7	the	the	DET
hassl-848	364	8	data	datum	NOUN
hassl-848	364	9	are	be	AUX
hassl-848	364	10	transformed	transform	VERB
hassl-848	364	11	by	by	ADP
hassl-848	364	12	using	use	VERB
hassl-848	364	13	rank	rank	NOUN
hassl-848	364	14	analysis	analysis	NOUN
hassl-848	364	15	.	.	PUNCT
hassl-848	365	1	there	there	PRON
hassl-848	365	2	is	be	VERB
hassl-848	365	3	no	no	DET
hassl-848	365	4	transformation	transformation	NOUN
hassl-848	365	5	needed	need	VERB
hassl-848	365	6	for	for	ADP
hassl-848	365	7	size	size	NOUN
hassl-848	365	8	(	(	PUNCT
hassl-848	365	9	asize	asize	NOUN
hassl-848	365	10	)	)	PUNCT
hassl-848	365	11	since	since	SCONJ
hassl-848	365	12	it	it	PRON
hassl-848	365	13	being	be	AUX
hassl-848	365	14	log	log	NOUN
hassl-848	365	15	from	from	ADP
hassl-848	365	16	company	company	NOUN
hassl-848	365	17	’s	’s	PART
hassl-848	365	18	total	total	ADJ
hassl-848	365	19	asset	asset	NOUN
hassl-848	365	20	.	.	PUNCT
hassl-848	366	1	table	table	NOUN
hassl-848	366	2	6	6	NUM
hassl-848	366	3	below	below	ADP
hassl-848	366	4	present	present	ADJ
hassl-848	366	5	the	the	DET
hassl-848	366	6	data	datum	NOUN
hassl-848	366	7	after	after	ADP
hassl-848	366	8	transformation	transformation	NOUN
hassl-848	366	9	process	process	NOUN
hassl-848	366	10	done	do	VERB
hassl-848	366	11	by	by	ADP
hassl-848	366	12	using	use	VERB
hassl-848	366	13	vander	vander	PROPN
hassl-848	366	14	waerden	waerden	ADJ
hassl-848	366	15	method	method	NOUN
hassl-848	366	16	.	.	PUNCT
hassl-848	367	1	table	table	NOUN
hassl-848	367	2	6	6	NUM
hassl-848	367	3	shows	show	VERB
hassl-848	367	4	the	the	DET
hassl-848	367	5	test	test	NOUN
hassl-848	367	6	of	of	ADP
hassl-848	367	7	normality	normality	NOUN
hassl-848	367	8	for	for	ADP
hassl-848	367	9	the	the	DET
hassl-848	367	10	skewness	skewness	NOUN
hassl-848	367	11	and	and	CCONJ
hassl-848	367	12	kurtosis	kurtosis	NOUN
hassl-848	367	13	in	in	ADP
hassl-848	367	14	this	this	DET
hassl-848	367	15	study	study	NOUN
hassl-848	367	16	.	.	PUNCT
hassl-848	368	1	table-6	table-6	PRON
hassl-848	368	2	.	.	PUNCT
hassl-848	368	3	normality	normality	NOUN
hassl-848	368	4	test	test	NOUN
hassl-848	368	5	.	.	PUNCT
hassl-848	369	1	variables	variable	NOUN
hassl-848	369	2	n	n	PRON
hassl-848	369	3	skewness	skewness	NOUN
hassl-848	369	4	kurtosis	kurtosis	VERB
hassl-848	369	5	indbrd	indbrd	PROPN
hassl-848	369	6	1208	1208	NUM
hassl-848	369	7	.002	.002	NUM
hassl-848	369	8	-.138	-.138	PROPN
hassl-848	369	9	ibrdc	ibrdc	PROPN
hassl-848	369	10	1208	1208	NUM
hassl-848	369	11	-.462	-.462	PROPN
hassl-848	369	12	.469	.469	NUM
hassl-848	369	13	brdsize	brdsize	PROPN
hassl-848	369	14	1208	1208	NUM
hassl-848	369	15	.081	.081	NUM
hassl-848	370	1	-.190	-.190	PROPN
hassl-848	370	2	frisk	frisk	NOUN
hassl-848	370	3	1208	1208	NUM
hassl-848	370	4	.001	.001	NUM
hassl-848	370	5	-.094	-.094	ADJ
hassl-848	370	6	table	table	NOUN
hassl-848	370	7	6	6	NUM
hassl-848	370	8	has	have	AUX
hassl-848	370	9	indicated	indicate	VERB
hassl-848	370	10	the	the	DET
hassl-848	370	11	value	value	NOUN
hassl-848	370	12	of	of	ADP
hassl-848	370	13	skewness	skewness	NOUN
hassl-848	370	14	and	and	CCONJ
hassl-848	370	15	kurtosis	kurtosis	NOUN
hassl-848	370	16	for	for	ADP
hassl-848	370	17	every	every	DET
hassl-848	370	18	variable	variable	NOUN
hassl-848	370	19	.	.	PUNCT
hassl-848	371	1	for	for	ADP
hassl-848	371	2	independent	independent	ADJ
hassl-848	371	3	board	board	NOUN
hassl-848	371	4	,	,	PUNCT
hassl-848	371	5	skewness	skewness	NOUN
hassl-848	371	6	=	=	NUM
hassl-848	371	7	0.02	0.02	NUM
hassl-848	371	8	and	and	CCONJ
hassl-848	371	9	kurtosis	kurtosis	VERB
hassl-848	371	10	=	=	PUNCT
hassl-848	371	11	-0.138	-0.138	ADJ
hassl-848	371	12	;	;	PUNCT
hassl-848	371	13	independent	independent	PROPN
hassl-848	371	14	board	board	PROPN
hassl-848	371	15	committee	committee	PROPN
hassl-848	371	16	,	,	PUNCT
hassl-848	371	17	skewness	skewness	NOUN
hassl-848	371	18	=	=	SYM
hassl-848	371	19	-0.462	-0.462	NOUN
hassl-848	371	20	,	,	PUNCT
hassl-848	371	21	kurtosis	kurtosis	NOUN
hassl-848	371	22	=	=	NOUN
hassl-848	371	23	0.469	0.469	NUM
hassl-848	371	24	;	;	PUNCT
hassl-848	371	25	board	board	NOUN
hassl-848	371	26	size	size	NOUN
hassl-848	371	27	specifies	specify	VERB
hassl-848	371	28	the	the	DET
hassl-848	371	29	skewness	skewness	NOUN
hassl-848	371	30	value	value	NOUN
hassl-848	371	31	of	of	ADP
hassl-848	371	32	0.081	0.081	NUM
hassl-848	371	33	and	and	CCONJ
hassl-848	371	34	kurtosis	kurtosis	VERB
hassl-848	371	35	=	=	SYM
hassl-848	371	36	-0.190	-0.190	ADJ
hassl-848	371	37	and	and	CCONJ
hassl-848	371	38	firm	firm	ADJ
hassl-848	371	39	risk	risk	NOUN
hassl-848	371	40	show	show	VERB
hassl-848	371	41	the	the	DET
hassl-848	371	42	skewness	skewness	NOUN
hassl-848	371	43	of	of	ADP
hassl-848	371	44	0.001	0.001	NUM
hassl-848	371	45	and	and	CCONJ
hassl-848	371	46	kurtosis	kurtosis	VERB
hassl-848	371	47	=	=	PUNCT
hassl-848	371	48	-0.094	-0.094	PROPN
hassl-848	371	49	.	.	PUNCT
hassl-848	372	1	the	the	DET
hassl-848	372	2	result	result	NOUN
hassl-848	372	3	shows	show	VERB
hassl-848	372	4	that	that	SCONJ
hassl-848	372	5	all	all	DET
hassl-848	372	6	values	value	NOUN
hassl-848	372	7	are	be	AUX
hassl-848	372	8	within	within	ADP
hassl-848	372	9	the	the	DET
hassl-848	372	10	range	range	NOUN
hassl-848	372	11	of	of	ADP
hassl-848	372	12	+	+	NOUN
hassl-848	372	13	/-1	/-1	X
hassl-848	372	14	,	,	PUNCT
hassl-848	372	15	hence	hence	ADV
hassl-848	372	16	,	,	PUNCT
hassl-848	372	17	according	accord	VERB
hassl-848	372	18	to	to	ADP
hassl-848	372	19	pallant	pallant	NOUN
hassl-848	372	20	(	(	PUNCT
hassl-848	372	21	2005	2005	NUM
hassl-848	372	22	)	)	PUNCT
hassl-848	372	23	the	the	DET
hassl-848	372	24	data	datum	NOUN
hassl-848	372	25	used	use	VERB
hassl-848	372	26	for	for	ADP
hassl-848	372	27	this	this	DET
hassl-848	372	28	study	study	NOUN
hassl-848	372	29	is	be	AUX
hassl-848	372	30	normally	normally	ADV
hassl-848	372	31	distributed	distribute	VERB
hassl-848	372	32	.	.	PUNCT
hassl-848	373	1	thus	thus	ADV
hassl-848	373	2	,	,	PUNCT
hassl-848	373	3	the	the	DET
hassl-848	373	4	parametric	parametric	ADJ
hassl-848	373	5	test	test	NOUN
hassl-848	373	6	can	can	AUX
hassl-848	373	7	be	be	AUX
hassl-848	373	8	further	far	ADV
hassl-848	373	9	carried	carry	VERB
hassl-848	373	10	out	out	ADP
hassl-848	373	11	in	in	ADP
hassl-848	373	12	this	this	DET
hassl-848	373	13	test	test	NOUN
hassl-848	373	14	.	.	PUNCT
hassl-848	374	1	however	however	ADV
hassl-848	374	2	,	,	PUNCT
hassl-848	374	3	in	in	ADP
hassl-848	374	4	respect	respect	NOUN
hassl-848	374	5	with	with	ADP
hassl-848	374	6	other	other	ADJ
hassl-848	374	7	independent	independent	ADJ
hassl-848	374	8	variables	variable	NOUN
hassl-848	374	9	which	which	PRON
hassl-848	374	10	are	be	AUX
hassl-848	374	11	the	the	DET
hassl-848	374	12	existence	existence	NOUN
hassl-848	374	13	of	of	ADP
hassl-848	374	14	audit	audit	NOUN
hassl-848	374	15	committee	committee	NOUN
hassl-848	374	16	and	and	CCONJ
hassl-848	374	17	nomination	nomination	NOUN
hassl-848	374	18	or	or	CCONJ
hassl-848	374	19	remuneration	remuneration	NOUN
hassl-848	374	20	committee	committee	NOUN
hassl-848	374	21	(	(	PUNCT
hassl-848	374	22	earc	earc	PROPN
hassl-848	374	23	)	)	PUNCT
hassl-848	374	24	and	and	CCONJ
hassl-848	374	25	ceo	ceo	NOUN
hassl-848	374	26	duality	duality	NOUN
hassl-848	374	27	(	(	PUNCT
hassl-848	374	28	cdual	cdual	ADJ
hassl-848	374	29	)	)	PUNCT
hassl-848	374	30	have	have	AUX
hassl-848	374	31	violated	violate	VERB
hassl-848	374	32	the	the	DET
hassl-848	374	33	normality	normality	NOUN
hassl-848	374	34	test	test	NOUN
hassl-848	374	35	and	and	CCONJ
hassl-848	374	36	became	became	AUX
hassl-848	374	37	omitted	omit	VERB
hassl-848	374	38	due	due	ADP
hassl-848	374	39	to	to	ADP
hassl-848	374	40	the	the	DET
hassl-848	374	41	constant	constant	NOUN
hassl-848	374	42	of	of	ADP
hassl-848	374	43	the	the	DET
hassl-848	374	44	data	datum	NOUN
hassl-848	374	45	.	.	PUNCT
hassl-848	375	1	cdual	cdual	ADJ
hassl-848	375	2	is	be	AUX
hassl-848	375	3	a	a	DET
hassl-848	375	4	dummy	dummy	ADJ
hassl-848	375	5	variable	variable	NOUN
hassl-848	375	6	because	because	SCONJ
hassl-848	375	7	ceo	ceo	NOUN
hassl-848	375	8	duality	duality	NOUN
hassl-848	375	9	only	only	ADV
hassl-848	375	10	considers	consider	VERB
hassl-848	375	11	whether	whether	SCONJ
hassl-848	375	12	the	the	DET
hassl-848	375	13	sample	sample	NOUN
hassl-848	375	14	of	of	ADP
hassl-848	375	15	the	the	DET
hassl-848	375	16	companies	company	NOUN
hassl-848	375	17	practice	practice	VERB
hassl-848	375	18	dual	dual	ADJ
hassl-848	375	19	role	role	NOUN
hassl-848	375	20	or	or	CCONJ
hassl-848	375	21	not	not	PART
hassl-848	375	22	.	.	PUNCT
hassl-848	376	1	it	it	PRON
hassl-848	376	2	will	will	AUX
hassl-848	376	3	be	be	AUX
hassl-848	376	4	rank	rank	ADJ
hassl-848	376	5	as	as	ADP
hassl-848	376	6	one	one	NUM
hassl-848	376	7	(	(	PUNCT
hassl-848	376	8	1	1	NUM
hassl-848	376	9	)	)	PUNCT
hassl-848	376	10	if	if	SCONJ
hassl-848	376	11	the	the	DET
hassl-848	376	12	sample	sample	NOUN
hassl-848	376	13	have	have	VERB
hassl-848	376	14	duality	duality	NOUN
hassl-848	376	15	role	role	NOUN
hassl-848	376	16	such	such	ADJ
hassl-848	376	17	as	as	ADP
hassl-848	376	18	the	the	DET
hassl-848	376	19	same	same	ADJ
hassl-848	376	20	person	person	NOUN
hassl-848	376	21	functions	function	NOUN
hassl-848	376	22	as	as	ADV
hassl-848	376	23	both	both	PRON
hassl-848	376	24	,	,	PUNCT
hassl-848	376	25	a	a	DET
hassl-848	376	26	chairman	chairman	NOUN
hassl-848	376	27	and	and	CCONJ
hassl-848	376	28	a	a	DET
hassl-848	376	29	ceo	ceo	NOUN
hassl-848	376	30	position	position	NOUN
hassl-848	376	31	at	at	ADP
hassl-848	376	32	the	the	DET
hassl-848	376	33	same	same	ADJ
hassl-848	376	34	time	time	NOUN
hassl-848	376	35	.	.	PUNCT
hassl-848	377	1	in	in	ADP
hassl-848	377	2	contrast	contrast	NOUN
hassl-848	377	3	,	,	PUNCT
hassl-848	377	4	if	if	SCONJ
hassl-848	377	5	sample	sample	NOUN
hassl-848	377	6	companies	company	NOUN
hassl-848	377	7	do	do	AUX
hassl-848	377	8	not	not	PART
hassl-848	377	9	have	have	VERB
hassl-848	377	10	duality	duality	NOUN
hassl-848	377	11	roles	role	NOUN
hassl-848	377	12	,	,	PUNCT
hassl-848	377	13	it	it	PRON
hassl-848	377	14	will	will	AUX
hassl-848	377	15	be	be	AUX
hassl-848	377	16	ranked	rank	VERB
hassl-848	377	17	as	as	ADP
hassl-848	377	18	two	two	NUM
hassl-848	377	19	(	(	PUNCT
hassl-848	377	20	2	2	NUM
hassl-848	377	21	)	)	PUNCT
hassl-848	377	22	.	.	PUNCT
hassl-848	378	1	in	in	ADP
hassl-848	378	2	this	this	DET
hassl-848	378	3	study	study	NOUN
hassl-848	378	4	,	,	PUNCT
hassl-848	378	5	the	the	DET
hassl-848	378	6	majority	majority	NOUN
hassl-848	378	7	of	of	ADP
hassl-848	378	8	samples	sample	NOUN
hassl-848	378	9	have	have	AUX
hassl-848	378	10	been	be	AUX
hassl-848	378	11	practicing	practice	VERB
hassl-848	378	12	the	the	DET
hassl-848	378	13	duality	duality	NOUN
hassl-848	378	14	roles	role	NOUN
hassl-848	378	15	,	,	PUNCT
hassl-848	378	16	hence	hence	ADV
hassl-848	378	17	,	,	PUNCT
hassl-848	378	18	ranked	rank	VERB
hassl-848	378	19	as	as	ADP
hassl-848	378	20	one	one	NUM
hassl-848	378	21	(	(	PUNCT
hassl-848	378	22	1	1	NUM
hassl-848	378	23	)	)	PUNCT
hassl-848	378	24	.	.	PUNCT
hassl-848	379	1	humanities	humanity	NOUN
hassl-848	379	2	and	and	CCONJ
hassl-848	379	3	social	social	ADJ
hassl-848	379	4	sciences	science	NOUN
hassl-848	379	5	letters	letter	NOUN
hassl-848	379	6	,	,	PUNCT
hassl-848	379	7	2020	2020	NUM
hassl-848	379	8	,	,	PUNCT
hassl-848	379	9	8(2	8(2	NUM
hassl-848	379	10	):	):	PUNCT
hassl-848	379	11	169	169	NUM
hassl-848	379	12	-	-	SYM
hassl-848	379	13	193	193	NUM
hassl-848	379	14	182	182	NUM
hassl-848	379	15	©	©	PROPN
hassl-848	379	16	2020	2020	NUM
hassl-848	379	17	conscientia	conscientia	PROPN
hassl-848	379	18	beam	beam	PROPN
hassl-848	379	19	.	.	PUNCT
hassl-848	380	1	all	all	DET
hassl-848	380	2	rights	right	NOUN
hassl-848	380	3	reserved	reserve	VERB
hassl-848	380	4	.	.	PUNCT
hassl-848	381	1	in	in	ADP
hassl-848	381	2	fact	fact	NOUN
hassl-848	381	3	,	,	PUNCT
hassl-848	381	4	all	all	PRON
hassl-848	381	5	of	of	ADP
hassl-848	381	6	the	the	DET
hassl-848	381	7	1208	1208	NUM
hassl-848	381	8	companies	company	NOUN
hassl-848	381	9	have	have	VERB
hassl-848	381	10	both	both	PRON
hassl-848	381	11	audit	audit	NOUN
hassl-848	381	12	and	and	CCONJ
hassl-848	381	13	remuneration	remuneration	NOUN
hassl-848	381	14	committees	committee	NOUN
hassl-848	381	15	in	in	ADP
hassl-848	381	16	their	their	PRON
hassl-848	381	17	board	board	NOUN
hassl-848	381	18	.	.	PUNCT
hassl-848	382	1	thus	thus	ADV
hassl-848	382	2	,	,	PUNCT
hassl-848	382	3	earc	earc	PROPN
hassl-848	382	4	is	be	AUX
hassl-848	382	5	ranked	rank	VERB
hassl-848	382	6	as	as	ADP
hassl-848	382	7	two	two	NUM
hassl-848	382	8	(	(	PUNCT
hassl-848	382	9	2	2	NUM
hassl-848	382	10	)	)	PUNCT
hassl-848	382	11	since	since	SCONJ
hassl-848	382	12	all	all	PRON
hassl-848	382	13	of	of	ADP
hassl-848	382	14	the	the	DET
hassl-848	382	15	samples	sample	NOUN
hassl-848	382	16	have	have	VERB
hassl-848	382	17	both	both	DET
hassl-848	382	18	committees	committee	NOUN
hassl-848	382	19	.	.	PUNCT
hassl-848	383	1	this	this	PRON
hassl-848	383	2	may	may	AUX
hassl-848	383	3	lead	lead	VERB
hassl-848	383	4	to	to	ADP
hassl-848	383	5	data	datum	NOUN
hassl-848	383	6	being	be	AUX
hassl-848	383	7	omitted	omit	VERB
hassl-848	383	8	.	.	PUNCT
hassl-848	384	1	hence	hence	ADV
hassl-848	384	2	,	,	PUNCT
hassl-848	384	3	table	table	NOUN
hassl-848	384	4	7	7	NUM
hassl-848	384	5	and	and	CCONJ
hassl-848	384	6	8	8	NUM
hassl-848	384	7	show	show	VERB
hassl-848	384	8	the	the	DET
hassl-848	384	9	descriptive	descriptive	ADJ
hassl-848	384	10	statistic	statistic	NOUN
hassl-848	384	11	for	for	ADP
hassl-848	384	12	cdual	cdual	ADJ
hassl-848	384	13	and	and	CCONJ
hassl-848	384	14	earc	earc	NOUN
hassl-848	384	15	in	in	ADP
hassl-848	384	16	this	this	DET
hassl-848	384	17	study	study	NOUN
hassl-848	384	18	.	.	PUNCT
hassl-848	385	1	table-7	table-7	NUM
hassl-848	385	2	.	.	PUNCT
hassl-848	385	3	frequency	frequency	NOUN
hassl-848	385	4	table	table	NOUN
hassl-848	385	5	for	for	ADP
hassl-848	385	6	ceo	ceo	NOUN
hassl-848	385	7	duality	duality	NOUN
hassl-848	385	8	.	.	PUNCT
hassl-848	386	1	cdual	cdual	ADJ
hassl-848	386	2	frequency	frequency	NOUN
hassl-848	386	3	percent	percent	NOUN
hassl-848	386	4	valid	valid	ADJ
hassl-848	386	5	percent	percent	NOUN
hassl-848	386	6	cumulative	cumulative	ADJ
hassl-848	386	7	percent	percent	NOUN
hassl-848	386	8	valid	valid	ADJ
hassl-848	386	9	1.00	1.00	NUM
hassl-848	386	10	1148	1148	NUM
hassl-848	386	11	95.0	95.0	NUM
hassl-848	386	12	95.0	95.0	NUM
hassl-848	386	13	95.0	95.0	NUM
hassl-848	386	14	2.00	2.00	NUM
hassl-848	386	15	60	60	NUM
hassl-848	386	16	5.0	5.0	NUM
hassl-848	386	17	5.0	5.0	NUM
hassl-848	386	18	100.0	100.0	NUM
hassl-848	386	19	total	total	ADJ
hassl-848	386	20	1208	1208	NUM
hassl-848	386	21	100.0	100.0	NUM
hassl-848	386	22	100.0	100.0	NUM
hassl-848	386	23	table	table	NOUN
hassl-848	386	24	7	7	NUM
hassl-848	386	25	illustrates	illustrate	VERB
hassl-848	386	26	the	the	DET
hassl-848	386	27	frequency	frequency	NOUN
hassl-848	386	28	for	for	ADP
hassl-848	386	29	ceo	ceo	NOUN
hassl-848	386	30	duality	duality	NOUN
hassl-848	386	31	among	among	ADP
hassl-848	386	32	1208	1208	NUM
hassl-848	386	33	samples	sample	NOUN
hassl-848	386	34	gathered	gather	VERB
hassl-848	386	35	from	from	ADP
hassl-848	386	36	this	this	DET
hassl-848	386	37	study	study	NOUN
hassl-848	386	38	.	.	PUNCT
hassl-848	387	1	it	it	PRON
hassl-848	387	2	indicates	indicate	VERB
hassl-848	387	3	that	that	SCONJ
hassl-848	387	4	95	95	NUM
hassl-848	387	5	%	%	NOUN
hassl-848	387	6	of	of	ADP
hassl-848	387	7	samples	sample	NOUN
hassl-848	387	8	practice	practice	NOUN
hassl-848	387	9	with	with	ADP
hassl-848	387	10	duality	duality	NOUN
hassl-848	387	11	roles	role	NOUN
hassl-848	387	12	.	.	PUNCT
hassl-848	388	1	while	while	SCONJ
hassl-848	388	2	only	only	ADV
hassl-848	388	3	5.0	5.0	NUM
hassl-848	388	4	%	%	NOUN
hassl-848	388	5	of	of	ADP
hassl-848	388	6	the	the	DET
hassl-848	388	7	samples	sample	NOUN
hassl-848	388	8	have	have	VERB
hassl-848	388	9	different	different	ADJ
hassl-848	388	10	individuals	individual	NOUN
hassl-848	388	11	as	as	ADP
hassl-848	388	12	a	a	DET
hassl-848	388	13	chairman	chairman	NOUN
hassl-848	388	14	and	and	CCONJ
hassl-848	388	15	a	a	DET
hassl-848	388	16	ceo	ceo	NOUN
hassl-848	388	17	at	at	ADP
hassl-848	388	18	the	the	DET
hassl-848	388	19	same	same	ADJ
hassl-848	388	20	time	time	NOUN
hassl-848	388	21	.	.	PUNCT
hassl-848	389	1	table-8	table-8	NOUN
hassl-848	389	2	.	.	PUNCT
hassl-848	389	3	frequency	frequency	NOUN
hassl-848	389	4	table	table	NOUN
hassl-848	389	5	for	for	ADP
hassl-848	389	6	existence	existence	NOUN
hassl-848	389	7	of	of	ADP
hassl-848	389	8	audit	audit	NOUN
hassl-848	389	9	and	and	CCONJ
hassl-848	389	10	nomination	nomination	NOUN
hassl-848	389	11	committee	committee	NOUN
hassl-848	389	12	or	or	CCONJ
hassl-848	389	13	remuneration	remuneration	NOUN
hassl-848	389	14	committee	committee	NOUN
hassl-848	389	15	.	.	PUNCT
hassl-848	390	1	earc	earc	PROPN
hassl-848	390	2	frequency	frequency	PROPN
hassl-848	390	3	percent	percent	NOUN
hassl-848	390	4	valid	valid	ADJ
hassl-848	390	5	percent	percent	NOUN
hassl-848	390	6	cumulative	cumulative	ADJ
hassl-848	390	7	percent	percent	NOUN
hassl-848	390	8	valid	valid	ADJ
hassl-848	390	9	2.00	2.00	NUM
hassl-848	390	10	1208	1208	NUM
hassl-848	390	11	100.0	100.0	NUM
hassl-848	390	12	100.0	100.0	NUM
hassl-848	390	13	100.0	100.0	NUM
hassl-848	390	14	table	table	NOUN
hassl-848	390	15	8	8	NUM
hassl-848	390	16	indicates	indicate	VERB
hassl-848	390	17	the	the	DET
hassl-848	390	18	frequency	frequency	NOUN
hassl-848	390	19	for	for	ADP
hassl-848	390	20	the	the	DET
hassl-848	390	21	existence	existence	NOUN
hassl-848	390	22	of	of	ADP
hassl-848	390	23	audit	audit	NOUN
hassl-848	390	24	and	and	CCONJ
hassl-848	390	25	nomination	nomination	NOUN
hassl-848	390	26	or	or	CCONJ
hassl-848	390	27	remuneration	remuneration	NOUN
hassl-848	390	28	committee	committee	NOUN
hassl-848	390	29	.	.	PUNCT
hassl-848	391	1	the	the	DET
hassl-848	391	2	table	table	NOUN
hassl-848	391	3	shows	show	VERB
hassl-848	391	4	all	all	PRON
hassl-848	391	5	of	of	ADP
hassl-848	391	6	the	the	DET
hassl-848	391	7	samples	sample	NOUN
hassl-848	391	8	have	have	AUX
hassl-848	391	9	established	establish	VERB
hassl-848	391	10	both	both	DET
hassl-848	391	11	committees	committee	NOUN
hassl-848	391	12	in	in	ADP
hassl-848	391	13	the	the	DET
hassl-848	391	14	board	board	NOUN
hassl-848	391	15	.	.	PUNCT
hassl-848	392	1	the	the	DET
hassl-848	392	2	existence	existence	NOUN
hassl-848	392	3	of	of	ADP
hassl-848	392	4	audit	audit	NOUN
hassl-848	392	5	and	and	CCONJ
hassl-848	392	6	remuneration	remuneration	NOUN
hassl-848	392	7	committee	committee	NOUN
hassl-848	392	8	would	would	AUX
hassl-848	392	9	enrich	enrich	VERB
hassl-848	392	10	financial	financial	ADJ
hassl-848	392	11	report	report	NOUN
hassl-848	392	12	(	(	PUNCT
hassl-848	392	13	amer	amer	PROPN
hassl-848	392	14	et	et	PROPN
hassl-848	392	15	al	al	PROPN
hassl-848	392	16	.	.	PROPN
hassl-848	392	17	,	,	PUNCT
hassl-848	392	18	2014	2014	NUM
hassl-848	392	19	)	)	PUNCT
hassl-848	392	20	reduce	reduce	VERB
hassl-848	392	21	opportunistic	opportunistic	ADJ
hassl-848	392	22	behavior	behavior	NOUN
hassl-848	392	23	by	by	ADP
hassl-848	392	24	management	management	NOUN
hassl-848	392	25	(	(	PUNCT
hassl-848	392	26	embong	embong	ADV
hassl-848	392	27	et	et	PROPN
hassl-848	392	28	al	al	PROPN
hassl-848	392	29	.	.	PROPN
hassl-848	392	30	,	,	PUNCT
hassl-848	392	31	2012	2012	NUM
hassl-848	392	32	)	)	PUNCT
hassl-848	392	33	and	and	CCONJ
hassl-848	392	34	lead	lead	VERB
hassl-848	392	35	to	to	PART
hassl-848	392	36	reduce	reduce	VERB
hassl-848	392	37	firm	firm	NOUN
hassl-848	392	38	’s	’s	PART
hassl-848	392	39	risk	risk	NOUN
hassl-848	392	40	(	(	PUNCT
hassl-848	392	41	reverte	reverte	NOUN
hassl-848	392	42	,	,	PUNCT
hassl-848	392	43	2009	2009	NUM
hassl-848	392	44	)	)	PUNCT
hassl-848	392	45	.	.	PUNCT
hassl-848	393	1	next	next	ADJ
hassl-848	393	2	section	section	NOUN
hassl-848	393	3	will	will	AUX
hassl-848	393	4	further	far	ADV
hassl-848	393	5	explain	explain	VERB
hassl-848	393	6	on	on	ADP
hassl-848	393	7	the	the	DET
hassl-848	393	8	inferential	inferential	ADJ
hassl-848	393	9	analyses	analysis	NOUN
hassl-848	393	10	consist	consist	VERB
hassl-848	393	11	of	of	ADP
hassl-848	393	12	pearson	pearson	NOUN
hassl-848	393	13	correlation	correlation	NOUN
hassl-848	393	14	,	,	PUNCT
hassl-848	393	15	and	and	CCONJ
hassl-848	393	16	regression	regression	VERB
hassl-848	393	17	analysis	analysis	NOUN
hassl-848	393	18	from	from	ADP
hassl-848	393	19	this	this	DET
hassl-848	393	20	study	study	NOUN
hassl-848	393	21	.	.	PUNCT
hassl-848	394	1	5.5	5.5	NUM
hassl-848	394	2	.	.	PUNCT
hassl-848	395	1	correlation	correlation	NOUN
hassl-848	395	2	analysis	analysis	NOUN
hassl-848	395	3	table	table	NOUN
hassl-848	395	4	9	9	NUM
hassl-848	395	5	presents	present	VERB
hassl-848	395	6	the	the	DET
hassl-848	395	7	collinearity	collinearity	NOUN
hassl-848	395	8	statistics	statistic	NOUN
hassl-848	395	9	.	.	PUNCT
hassl-848	396	1	according	accord	VERB
hassl-848	396	2	to	to	ADP
hassl-848	396	3	the	the	DET
hassl-848	396	4	results	result	NOUN
hassl-848	396	5	obtained	obtain	VERB
hassl-848	396	6	from	from	ADP
hassl-848	396	7	the	the	DET
hassl-848	396	8	analysis	analysis	NOUN
hassl-848	396	9	,	,	PUNCT
hassl-848	396	10	the	the	DET
hassl-848	396	11	variance	variance	NOUN
hassl-848	396	12	inflation	inflation	NOUN
hassl-848	396	13	factor	factor	NOUN
hassl-848	396	14	(	(	PUNCT
hassl-848	396	15	vif	vif	NOUN
hassl-848	396	16	)	)	PUNCT
hassl-848	396	17	values	value	NOUN
hassl-848	396	18	are	be	AUX
hassl-848	396	19	all	all	ADV
hassl-848	396	20	more	more	ADJ
hassl-848	396	21	than	than	ADP
hassl-848	396	22	0.1	0.1	NUM
hassl-848	396	23	and	and	CCONJ
hassl-848	396	24	less	less	ADJ
hassl-848	396	25	than	than	ADP
hassl-848	396	26	10	10	NUM
hassl-848	396	27	in	in	ADP
hassl-848	396	28	which	which	PRON
hassl-848	396	29	it	it	PRON
hassl-848	396	30	shows	show	VERB
hassl-848	396	31	that	that	SCONJ
hassl-848	396	32	there	there	PRON
hassl-848	396	33	is	be	VERB
hassl-848	396	34	no	no	DET
hassl-848	396	35	collinearity	collinearity	NOUN
hassl-848	396	36	or	or	CCONJ
hassl-848	396	37	multicollinearity	multicollinearity	NOUN
hassl-848	396	38	(	(	PUNCT
hassl-848	396	39	o'brien	o'brien	PROPN
hassl-848	396	40	,	,	PUNCT
hassl-848	396	41	2007	2007	NUM
hassl-848	396	42	)	)	PUNCT
hassl-848	396	43	existed	exist	VERB
hassl-848	396	44	among	among	ADP
hassl-848	396	45	the	the	DET
hassl-848	396	46	independent	independent	ADJ
hassl-848	396	47	variables	variable	NOUN
hassl-848	396	48	and	and	CCONJ
hassl-848	396	49	the	the	DET
hassl-848	396	50	analyses	analysis	NOUN
hassl-848	396	51	do	do	AUX
hassl-848	396	52	not	not	PART
hassl-848	396	53	contain	contain	VERB
hassl-848	396	54	nonnormality	nonnormality	NOUN
hassl-848	396	55	or	or	CCONJ
hassl-848	396	56	multicollinearity	multicollinearity	NOUN
hassl-848	396	57	(	(	PUNCT
hassl-848	396	58	deman	deman	NOUN
hassl-848	396	59	,	,	PUNCT
hassl-848	396	60	jorissen	jorissen	NOUN
hassl-848	396	61	,	,	PUNCT
hassl-848	396	62	&	&	CCONJ
hassl-848	396	63	laveren	laveren	PROPN
hassl-848	396	64	,	,	PUNCT
hassl-848	396	65	2018	2018	NUM
hassl-848	396	66	)	)	PUNCT
hassl-848	396	67	.	.	PUNCT
hassl-848	397	1	table-9	table-9	NOUN
hassl-848	397	2	.	.	PUNCT
hassl-848	397	3	collinearity	collinearity	NOUN
hassl-848	397	4	statistics	statistic	NOUN
hassl-848	397	5	.	.	PUNCT
hassl-848	398	1	model	model	PROPN
hassl-848	398	2	collinearity	collinearity	PROPN
hassl-848	398	3	statistics	statistic	NOUN
hassl-848	398	4	tolerance	tolerance	NOUN
hassl-848	398	5	vif	vif	NOUN
hassl-848	398	6	1	1	NUM
hassl-848	398	7	(	(	PUNCT
hassl-848	398	8	constant	constant	ADJ
hassl-848	398	9	)	)	PUNCT
hassl-848	398	10	indbrd	indbrd	NOUN
hassl-848	398	11	.447	.447	NUM
hassl-848	398	12	2.236	2.236	NUM
hassl-848	398	13	ibrdc	ibrdc	NOUN
hassl-848	398	14	.606	.606	NUM
hassl-848	398	15	1.651	1.651	NUM
hassl-848	398	16	brdsize	brdsize	NOUN
hassl-848	398	17	.661	.661	NUM
hassl-848	398	18	1.513	1.513	NUM
hassl-848	398	19	cdual	cdual	ADJ
hassl-848	398	20	.983	.983	NUM
hassl-848	398	21	1.017	1.017	NUM
hassl-848	398	22	asize	asize	NOUN
hassl-848	398	23	.971	.971	NUM
hassl-848	398	24	1.030	1.030	NUM
hassl-848	398	25	based	base	VERB
hassl-848	398	26	on	on	ADP
hassl-848	398	27	the	the	DET
hassl-848	398	28	collinearity	collinearity	NOUN
hassl-848	398	29	statistics	statistic	NOUN
hassl-848	398	30	in	in	ADP
hassl-848	398	31	table	table	NOUN
hassl-848	398	32	9	9	NUM
hassl-848	398	33	above	above	ADV
hassl-848	398	34	,	,	PUNCT
hassl-848	398	35	vif	vif	NOUN
hassl-848	398	36	presents	present	VERB
hassl-848	398	37	the	the	DET
hassl-848	398	38	value	value	NOUN
hassl-848	398	39	between	between	ADP
hassl-848	398	40	0.447	0.447	NUM
hassl-848	398	41	and	and	CCONJ
hassl-848	398	42	2.236	2.236	NUM
hassl-848	398	43	for	for	ADP
hassl-848	398	44	all	all	DET
hassl-848	398	45	variables	variable	NOUN
hassl-848	398	46	used	use	VERB
hassl-848	398	47	in	in	ADP
hassl-848	398	48	this	this	DET
hassl-848	398	49	study	study	NOUN
hassl-848	398	50	.	.	PUNCT
hassl-848	399	1	indbrd	indbrd	PROPN
hassl-848	399	2	(	(	PUNCT
hassl-848	399	3	2.236	2.236	NUM
hassl-848	399	4	)	)	PUNCT
hassl-848	399	5	,	,	PUNCT
hassl-848	399	6	ibrdc	ibrdc	NOUN
hassl-848	399	7	(	(	PUNCT
hassl-848	399	8	1.651	1.651	NUM
hassl-848	399	9	)	)	PUNCT
hassl-848	399	10	,	,	PUNCT
hassl-848	399	11	brdsize	brdsize	NOUN
hassl-848	399	12	presents	present	NOUN
hassl-848	399	13	(	(	PUNCT
hassl-848	399	14	1.513	1.513	NUM
hassl-848	399	15	)	)	PUNCT
hassl-848	399	16	and	and	CCONJ
hassl-848	399	17	cdual	cdual	ADJ
hassl-848	399	18	shows	show	NOUN
hassl-848	399	19	(	(	PUNCT
hassl-848	399	20	1.017	1.017	NUM
hassl-848	399	21	)	)	PUNCT
hassl-848	399	22	.	.	PUNCT
hassl-848	400	1	control	control	PROPN
hassl-848	400	2	variable	variable	ADJ
hassl-848	400	3	asize	asize	NOUN
hassl-848	400	4	indicates	indicate	VERB
hassl-848	400	5	(	(	PUNCT
hassl-848	400	6	1.030	1.030	NUM
hassl-848	400	7	)	)	PUNCT
hassl-848	400	8	for	for	ADP
hassl-848	400	9	vif	vif	PROPN
hassl-848	400	10	.	.	PROPN
hassl-848	401	1	from	from	ADP
hassl-848	401	2	the	the	DET
hassl-848	401	3	result	result	NOUN
hassl-848	401	4	gathered	gather	VERB
hassl-848	401	5	,	,	PUNCT
hassl-848	401	6	there	there	PRON
hassl-848	401	7	is	be	VERB
hassl-848	401	8	no	no	DET
hassl-848	401	9	multicollinearity	multicollinearity	NOUN
hassl-848	401	10	exists	exist	VERB
hassl-848	401	11	among	among	ADP
hassl-848	401	12	these	these	DET
hassl-848	401	13	variables	variable	NOUN
hassl-848	401	14	.	.	PUNCT
hassl-848	402	1	normally	normally	ADV
hassl-848	402	2	the	the	DET
hassl-848	402	3	correlations	correlation	NOUN
hassl-848	402	4	analysis	analysis	NOUN
hassl-848	402	5	is	be	AUX
hassl-848	402	6	used	use	VERB
hassl-848	402	7	to	to	PART
hassl-848	402	8	identify	identify	VERB
hassl-848	402	9	the	the	DET
hassl-848	402	10	associations	association	NOUN
hassl-848	402	11	among	among	ADP
hassl-848	402	12	variables	variable	NOUN
hassl-848	402	13	as	as	ADV
hassl-848	402	14	well	well	ADV
hassl-848	402	15	as	as	ADP
hassl-848	402	16	to	to	PART
hassl-848	402	17	determine	determine	VERB
hassl-848	402	18	the	the	DET
hassl-848	402	19	direction	direction	NOUN
hassl-848	402	20	for	for	ADP
hassl-848	402	21	a	a	DET
hassl-848	402	22	linear	linear	ADJ
hassl-848	402	23	relationship	relationship	NOUN
hassl-848	402	24	and	and	CCONJ
hassl-848	402	25	also	also	ADV
hassl-848	402	26	the	the	DET
hassl-848	402	27	strength	strength	NOUN
hassl-848	402	28	of	of	ADP
hassl-848	402	29	relationships	relationship	NOUN
hassl-848	402	30	(	(	PUNCT
hassl-848	402	31	pallant	pallant	NOUN
hassl-848	402	32	,	,	PUNCT
hassl-848	402	33	2005	2005	NUM
hassl-848	402	34	)	)	PUNCT
hassl-848	402	35	.	.	PUNCT
hassl-848	403	1	in	in	ADP
hassl-848	403	2	this	this	DET
hassl-848	403	3	study	study	NOUN
hassl-848	403	4	,	,	PUNCT
hassl-848	403	5	the	the	DET
hassl-848	403	6	pearson	pearson	NOUN
hassl-848	403	7	correlation	correlation	NOUN
hassl-848	403	8	was	be	AUX
hassl-848	403	9	performed	perform	VERB
hassl-848	403	10	to	to	PART
hassl-848	403	11	examine	examine	VERB
hassl-848	403	12	the	the	DET
hassl-848	403	13	relationship	relationship	NOUN
hassl-848	403	14	between	between	ADP
hassl-848	403	15	independent	independent	ADJ
hassl-848	403	16	variables	variable	NOUN
hassl-848	403	17	for	for	ADP
hassl-848	403	18	indbrd	indbrd	NOUN
hassl-848	403	19	,	,	PUNCT
hassl-848	403	20	ibrdc	ibrdc	PROPN
hassl-848	403	21	,	,	PUNCT
hassl-848	403	22	brdsize	brdsize	VERB
hassl-848	403	23	,	,	PUNCT
hassl-848	403	24	cdual	cdual	ADJ
hassl-848	403	25	,	,	PUNCT
hassl-848	403	26	earc	earc	X
hassl-848	403	27	and	and	CCONJ
hassl-848	403	28	asize	asize	VERB
hassl-848	403	29	to	to	ADP
hassl-848	403	30	frisk	frisk	NOUN
hassl-848	403	31	.	.	PUNCT
hassl-848	404	1	this	this	PRON
hassl-848	404	2	is	be	AUX
hassl-848	404	3	consistent	consistent	ADJ
hassl-848	404	4	with	with	ADP
hassl-848	404	5	(	(	PUNCT
hassl-848	404	6	abdullah	abdullah	PROPN
hassl-848	404	7	.	.	PROPN
hassl-848	404	8	,	,	PUNCT
hassl-848	404	9	ma'aji	ma'aji	PROPN
hassl-848	404	10	,	,	PUNCT
hassl-848	404	11	&	&	CCONJ
hassl-848	404	12	khaw	khaw	PROPN
hassl-848	404	13	,	,	PUNCT
hassl-848	404	14	2016	2016	NUM
hassl-848	404	15	)	)	PUNCT
hassl-848	404	16	who	who	PRON
hassl-848	404	17	also	also	ADV
hassl-848	404	18	used	use	VERB
hassl-848	404	19	pearson	pearson	NOUN
hassl-848	404	20	correlation	correlation	NOUN
hassl-848	404	21	to	to	PART
hassl-848	404	22	test	test	VERB
hassl-848	404	23	the	the	DET
hassl-848	404	24	correlation	correlation	NOUN
hassl-848	404	25	among	among	ADP
hassl-848	404	26	variable	variable	NOUN
hassl-848	404	27	.	.	PUNCT
hassl-848	405	1	humanities	humanity	NOUN
hassl-848	405	2	and	and	CCONJ
hassl-848	405	3	social	social	ADJ
hassl-848	405	4	sciences	science	NOUN
hassl-848	405	5	letters	letter	NOUN
hassl-848	405	6	,	,	PUNCT
hassl-848	405	7	2020	2020	NUM
hassl-848	405	8	,	,	PUNCT
hassl-848	405	9	8(2	8(2	NUM
hassl-848	405	10	):	):	PUNCT
hassl-848	405	11	169	169	NUM
hassl-848	405	12	-	-	SYM
hassl-848	405	13	193	193	NUM
hassl-848	405	14	183	183	NUM
hassl-848	405	15	©	©	PROPN
hassl-848	405	16	2020	2020	NUM
hassl-848	405	17	conscientia	conscientia	PROPN
hassl-848	405	18	beam	beam	PROPN
hassl-848	405	19	.	.	PUNCT
hassl-848	406	1	all	all	DET
hassl-848	406	2	rights	right	NOUN
hassl-848	406	3	reserved	reserve	VERB
hassl-848	406	4	.	.	PUNCT
hassl-848	407	1	table-10	table-10	PROPN
hassl-848	407	2	.	.	PROPN
hassl-848	407	3	pearson	pearson	PROPN
hassl-848	407	4	correlation	correlation	PROPN
hassl-848	407	5	.	.	PUNCT
hassl-848	408	1	frisk	frisk	PROPN
hassl-848	408	2	indbrd	indbrd	PROPN
hassl-848	408	3	ibrdc	ibrdc	PROPN
hassl-848	408	4	brdsize	brdsize	PROPN
hassl-848	408	5	cdual	cdual	ADJ
hassl-848	408	6	earc	earc	PROPN
hassl-848	408	7	asize	asize	NOUN
hassl-848	408	8	frisk	frisk	NOUN
hassl-848	408	9	pearson	pearson	PROPN
hassl-848	408	10	correlation	correlation	PROPN
hassl-848	408	11	sig	sig	PROPN
hassl-848	408	12	.	.	PUNCT
hassl-848	409	1	(	(	PUNCT
hassl-848	409	2	2	2	NUM
hassl-848	409	3	tailed	tail	VERB
hassl-848	409	4	)	)	PUNCT
hassl-848	409	5	n	n	PRON
hassl-848	409	6	1.000	1.000	NUM
hassl-848	409	7	.	.	PUNCT
hassl-848	410	1	1208	1208	NUM
hassl-848	410	2	indbrd	indbrd	PROPN
hassl-848	410	3	pearson	pearson	PROPN
hassl-848	410	4	correlation	correlation	PROPN
hassl-848	410	5	sig	sig	PROPN
hassl-848	410	6	.	.	PUNCT
hassl-848	411	1	(	(	PUNCT
hassl-848	411	2	2	2	NUM
hassl-848	411	3	tailed	tail	VERB
hassl-848	411	4	)	)	PUNCT
hassl-848	411	5	n	n	CCONJ
hassl-848	411	6	-.019	-.019	ADV
hassl-848	411	7	.504	.504	NUM
hassl-848	411	8	1208	1208	NUM
hassl-848	411	9	1.000	1.000	NUM
hassl-848	411	10	1208	1208	NUM
hassl-848	411	11	ibrdc	ibrdc	NOUN
hassl-848	411	12	pearson	pearson	PROPN
hassl-848	411	13	correlation	correlation	PROPN
hassl-848	411	14	sig	sig	PROPN
hassl-848	411	15	.	.	PUNCT
hassl-848	412	1	(	(	PUNCT
hassl-848	412	2	2	2	NUM
hassl-848	412	3	tailed	tailed	ADJ
hassl-848	412	4	)	)	PUNCT
hassl-848	412	5	n	n	CCONJ
hassl-848	412	6	.085	.085	NUM
hassl-848	412	7	*	*	PUNCT
hassl-848	412	8	*	*	X
hassl-848	412	9	.003	.003	NUM
hassl-848	412	10	1208	1208	NUM
hassl-848	412	11	.187	.187	NUM
hassl-848	412	12	*	*	PUNCT
hassl-848	412	13	*	*	PUNCT
hassl-848	412	14	.000	.000	NUM
hassl-848	412	15	1208	1208	NUM
hassl-848	412	16	1.000	1.000	NUM
hassl-848	412	17	.	.	PUNCT
hassl-848	413	1	1208	1208	NUM
hassl-848	413	2	brdsize	brdsize	PROPN
hassl-848	413	3	pearson	pearson	PROPN
hassl-848	413	4	correlation	correlation	PROPN
hassl-848	413	5	sig	sig	PROPN
hassl-848	413	6	.	.	PUNCT
hassl-848	414	1	(	(	PUNCT
hassl-848	414	2	2	2	NUM
hassl-848	414	3	tailed	tailed	ADJ
hassl-848	414	4	)	)	PUNCT
hassl-848	414	5	n	n	CCONJ
hassl-848	414	6	-.005	-.005	X
hassl-848	414	7	.873	.873	NUM
hassl-848	415	1	1208	1208	NUM
hassl-848	416	1	-.117	-.117	ADJ
hassl-848	416	2	*	*	PROPN
hassl-848	416	3	*	*	NOUN
hassl-848	416	4	.000	.000	NUM
hassl-848	416	5	1208	1208	NUM
hassl-848	416	6	-.168	-.168	NOUN
hassl-848	416	7	*	*	SYM
hassl-848	416	8	*	*	NOUN
hassl-848	416	9	.000	.000	NUM
hassl-848	416	10	1208	1208	NUM
hassl-848	416	11	1.000	1.000	NUM
hassl-848	416	12	.	.	PUNCT
hassl-848	417	1	1208	1208	NUM
hassl-848	417	2	cdual	cdual	ADJ
hassl-848	417	3	pearson	pearson	PROPN
hassl-848	417	4	correlation	correlation	PROPN
hassl-848	417	5	sig	sig	PROPN
hassl-848	417	6	.	.	PUNCT
hassl-848	418	1	(	(	PUNCT
hassl-848	418	2	2	2	NUM
hassl-848	418	3	tailed	tailed	ADJ
hassl-848	418	4	)	)	PUNCT
hassl-848	418	5	n	n	CCONJ
hassl-848	418	6	-.040	-.040	X
hassl-848	418	7	.164	.164	NUM
hassl-848	418	8	1208	1208	NUM
hassl-848	418	9	-.021	-.021	PROPN
hassl-848	418	10	.463	.463	NUM
hassl-848	418	11	1208	1208	NUM
hassl-848	418	12	-.004	-.004	PROPN
hassl-848	418	13	.885	.885	NUM
hassl-848	418	14	1208	1208	NUM
hassl-848	418	15	.131	.131	NUM
hassl-848	418	16	*	*	PUNCT
hassl-848	418	17	*	*	PUNCT
hassl-848	418	18	.000	.000	NUM
hassl-848	418	19	1208	1208	NUM
hassl-848	418	20	1.00	1.00	NUM
hassl-848	418	21	.	.	PUNCT
hassl-848	419	1	1208	1208	NUM
hassl-848	419	2	earc	earc	PROPN
hassl-848	419	3	pearson	pearson	PROPN
hassl-848	419	4	correlation	correlation	PROPN
hassl-848	419	5	sig	sig	PROPN
hassl-848	419	6	.	.	PUNCT
hassl-848	420	1	(	(	PUNCT
hassl-848	420	2	2	2	NUM
hassl-848	420	3	tailed	tailed	ADJ
hassl-848	420	4	)	)	PUNCT
hassl-848	420	5	n	n	PROPN
hassl-848	420	6	1208	1208	NUM
hassl-848	420	7	1208	1208	NUM
hassl-848	420	8	1208	1208	NUM
hassl-848	420	9	1208	1208	NUM
hassl-848	420	10	.	.	PUNCT
hassl-848	420	11	.	.	PUNCT
hassl-848	421	1	1208	1208	NUM
hassl-848	421	2	1208	1208	NUM
hassl-848	421	3	asize	asize	NOUN
hassl-848	421	4	pearson	pearson	PROPN
hassl-848	421	5	correlation	correlation	PROPN
hassl-848	421	6	sig	sig	PROPN
hassl-848	421	7	.	.	PUNCT
hassl-848	422	1	(	(	PUNCT
hassl-848	422	2	2	2	NUM
hassl-848	422	3	tailed	tailed	ADJ
hassl-848	422	4	)	)	PUNCT
hassl-848	422	5	n	n	PROPN
hassl-848	422	6	-.028	-.028	PROPN
hassl-848	422	7	.332	.332	NUM
hassl-848	422	8	1208	1208	NUM
hassl-848	422	9	.002	.002	NUM
hassl-848	422	10	.954	.954	NUM
hassl-848	422	11	1208	1208	NUM
hassl-848	422	12	-.064	-.064	PROPN
hassl-848	422	13	*	*	PROPN
hassl-848	422	14	.026	.026	NUM
hassl-848	422	15	1208	1208	NUM
hassl-848	422	16	.040	.040	NUM
hassl-848	422	17	.160	.160	NUM
hassl-848	422	18	1208	1208	NUM
hassl-848	422	19	-.067	-.067	PROPN
hassl-848	422	20	*	*	PROPN
hassl-848	422	21	.020	.020	NUM
hassl-848	422	22	1208	1208	NUM
hassl-848	422	23	1208	1208	NUM
hassl-848	422	24	1.000	1.000	NUM
hassl-848	422	25	1208	1208	NUM
hassl-848	422	26	note	note	NOUN
hassl-848	422	27	:	:	PUNCT
hassl-848	422	28	*	*	PUNCT
hassl-848	422	29	*	*	NOUN
hassl-848	422	30	.	.	PUNCT
hassl-848	423	1	correlation	correlation	NOUN
hassl-848	423	2	is	be	AUX
hassl-848	423	3	significant	significant	ADJ
hassl-848	423	4	at	at	ADP
hassl-848	423	5	the	the	DET
hassl-848	423	6	0.01	0.01	NUM
hassl-848	423	7	level	level	NOUN
hassl-848	423	8	(	(	PUNCT
hassl-848	423	9	2	2	NUM
hassl-848	423	10	-	-	PUNCT
hassl-848	423	11	tailed	tailed	ADJ
hassl-848	423	12	)	)	PUNCT
hassl-848	423	13	.	.	PUNCT
hassl-848	424	1	*	*	PUNCT
hassl-848	424	2	.	.	PUNCT
hassl-848	425	1	correlation	correlation	NOUN
hassl-848	425	2	is	be	AUX
hassl-848	425	3	significant	significant	ADJ
hassl-848	425	4	at	at	ADP
hassl-848	425	5	the	the	DET
hassl-848	425	6	0.05	0.05	NUM
hassl-848	425	7	level	level	NOUN
hassl-848	425	8	(	(	PUNCT
hassl-848	425	9	2	2	NUM
hassl-848	425	10	-	-	PUNCT
hassl-848	425	11	tailed	tail	VERB
hassl-848	425	12	)	)	PUNCT
hassl-848	425	13	.	.	PUNCT
hassl-848	426	1	based	base	VERB
hassl-848	426	2	on	on	ADP
hassl-848	426	3	the	the	DET
hassl-848	426	4	result	result	NOUN
hassl-848	426	5	acquired	acquire	VERB
hassl-848	426	6	in	in	ADP
hassl-848	426	7	table	table	NOUN
hassl-848	426	8	10	10	NUM
hassl-848	426	9	above	above	ADV
hassl-848	426	10	,	,	PUNCT
hassl-848	426	11	the	the	DET
hassl-848	426	12	result	result	NOUN
hassl-848	426	13	show	show	VERB
hassl-848	426	14	the	the	DET
hassl-848	426	15	correlation	correlation	NOUN
hassl-848	426	16	between	between	ADP
hassl-848	426	17	board	board	NOUN
hassl-848	426	18	independent	independent	ADJ
hassl-848	426	19	(	(	PUNCT
hassl-848	426	20	indbrd	indbrd	PROPN
hassl-848	426	21	)	)	PUNCT
hassl-848	426	22	with	with	ADP
hassl-848	426	23	firm	firm	NOUN
hassl-848	426	24	’s	’s	PART
hassl-848	426	25	risk	risk	NOUN
hassl-848	426	26	(	(	PUNCT
hassl-848	426	27	frisk	frisk	NOUN
hassl-848	426	28	)	)	PUNCT
hassl-848	426	29	demonstrates	demonstrate	VERB
hassl-848	426	30	a	a	DET
hassl-848	426	31	negative	negative	ADJ
hassl-848	426	32	relationship	relationship	NOUN
hassl-848	426	33	among	among	ADP
hassl-848	426	34	them	they	PRON
hassl-848	426	35	(	(	PUNCT
hassl-848	426	36	-0.019	-0.019	PROPN
hassl-848	426	37	)	)	PUNCT
hassl-848	426	38	.	.	PUNCT
hassl-848	427	1	the	the	DET
hassl-848	427	2	result	result	NOUN
hassl-848	427	3	indicates	indicate	VERB
hassl-848	427	4	that	that	SCONJ
hassl-848	427	5	when	when	SCONJ
hassl-848	427	6	firms	firm	NOUN
hassl-848	427	7	have	have	VERB
hassl-848	427	8	a	a	DET
hassl-848	427	9	majority	majority	NOUN
hassl-848	427	10	of	of	ADP
hassl-848	427	11	independent	independent	PROPN
hassl-848	427	12	board	board	PROPN
hassl-848	427	13	,	,	PUNCT
hassl-848	427	14	the	the	DET
hassl-848	427	15	less	less	ADV
hassl-848	427	16	risky	risky	ADJ
hassl-848	427	17	the	the	DET
hassl-848	427	18	firms	firm	NOUN
hassl-848	427	19	are	be	AUX
hassl-848	427	20	.	.	PUNCT
hassl-848	428	1	this	this	PRON
hassl-848	428	2	finding	find	VERB
hassl-848	428	3	such	such	ADJ
hassl-848	428	4	consistent	consistent	ADJ
hassl-848	428	5	with	with	ADP
hassl-848	428	6	(	(	PUNCT
hassl-848	428	7	cheng	cheng	PROPN
hassl-848	428	8	et	et	PROPN
hassl-848	428	9	al	al	PROPN
hassl-848	428	10	.	.	PROPN
hassl-848	428	11	,	,	PUNCT
hassl-848	428	12	2016	2016	NUM
hassl-848	428	13	;	;	PUNCT
hassl-848	428	14	minton	minton	PROPN
hassl-848	428	15	et	et	PROPN
hassl-848	428	16	al	al	PROPN
hassl-848	428	17	.	.	PROPN
hassl-848	428	18	,	,	PUNCT
hassl-848	428	19	2012	2012	NUM
hassl-848	428	20	;	;	PUNCT
hassl-848	428	21	ni	ni	PROPN
hassl-848	428	22	&	&	CCONJ
hassl-848	428	23	purda	purda	PROPN
hassl-848	428	24	,	,	PUNCT
hassl-848	428	25	2012	2012	NUM
hassl-848	428	26	;	;	PUNCT
hassl-848	428	27	nodeh	nodeh	NOUN
hassl-848	428	28	et	et	PROPN
hassl-848	428	29	al	al	PROPN
hassl-848	428	30	.	.	PROPN
hassl-848	428	31	,	,	PUNCT
hassl-848	428	32	2015	2015	NUM
hassl-848	428	33	)	)	PUNCT
hassl-848	428	34	.	.	PUNCT
hassl-848	429	1	however	however	ADV
hassl-848	429	2	,	,	PUNCT
hassl-848	429	3	there	there	PRON
hassl-848	429	4	result	result	VERB
hassl-848	429	5	contradict	contradict	VERB
hassl-848	429	6	from	from	ADP
hassl-848	429	7	previous	previous	ADJ
hassl-848	429	8	literatures	literature	NOUN
hassl-848	429	9	with	with	ADP
hassl-848	429	10	mcnulty	mcnulty	PROPN
hassl-848	429	11	et	et	PROPN
hassl-848	429	12	al	al	PROPN
hassl-848	429	13	.	.	PROPN
hassl-848	430	1	(	(	PUNCT
hassl-848	430	2	2012	2012	NUM
hassl-848	430	3	)	)	PUNCT
hassl-848	430	4	and	and	CCONJ
hassl-848	430	5	shirouyehzad	shirouyehzad	NOUN
hassl-848	430	6	,	,	PUNCT
hassl-848	430	7	hosseinzadeh	hosseinzadeh	NOUN
hassl-848	430	8	lotfi	lotfi	NOUN
hassl-848	430	9	,	,	PUNCT
hassl-848	430	10	and	and	CCONJ
hassl-848	430	11	dabestani	dabestani	PROPN
hassl-848	430	12	(	(	PUNCT
hassl-848	430	13	2014	2014	NUM
hassl-848	430	14	)	)	PUNCT
hassl-848	430	15	where	where	SCONJ
hassl-848	430	16	higher	high	ADJ
hassl-848	430	17	proportion	proportion	NOUN
hassl-848	430	18	of	of	ADP
hassl-848	430	19	non	non	ADJ
hassl-848	430	20	-	-	ADJ
hassl-848	430	21	executive	executive	ADJ
hassl-848	430	22	directors	director	NOUN
hassl-848	430	23	are	be	AUX
hassl-848	430	24	not	not	PART
hassl-848	430	25	initiate	initiate	VERB
hassl-848	430	26	to	to	PART
hassl-848	430	27	have	have	VERB
hassl-848	430	28	any	any	DET
hassl-848	430	29	major	major	ADJ
hassl-848	430	30	effect	effect	NOUN
hassl-848	430	31	on	on	ADP
hassl-848	430	32	corporate	corporate	ADJ
hassl-848	430	33	risk	risk	NOUN
hassl-848	430	34	.	.	PUNCT
hassl-848	431	1	meanwhile	meanwhile	ADV
hassl-848	431	2	from	from	ADP
hassl-848	431	3	correlation	correlation	NOUN
hassl-848	431	4	analysis	analysis	NOUN
hassl-848	431	5	done	do	VERB
hassl-848	431	6	,	,	PUNCT
hassl-848	431	7	there	there	PRON
hassl-848	431	8	is	be	VERB
hassl-848	431	9	no	no	DET
hassl-848	431	10	significant	significant	ADJ
hassl-848	431	11	effect	effect	NOUN
hassl-848	431	12	between	between	ADP
hassl-848	431	13	board	board	NOUN
hassl-848	431	14	independent	independent	ADJ
hassl-848	431	15	and	and	CCONJ
hassl-848	431	16	firm	firm	NOUN
hassl-848	431	17	’s	’s	PART
hassl-848	431	18	risk	risk	NOUN
hassl-848	431	19	in	in	ADP
hassl-848	431	20	this	this	DET
hassl-848	431	21	study	study	NOUN
hassl-848	431	22	.	.	PUNCT
hassl-848	432	1	according	accord	VERB
hassl-848	432	2	to	to	ADP
hassl-848	432	3	correlation	correlation	NOUN
hassl-848	432	4	analysis	analysis	NOUN
hassl-848	432	5	conducted	conduct	VERB
hassl-848	432	6	,	,	PUNCT
hassl-848	432	7	the	the	DET
hassl-848	432	8	significant	significant	ADJ
hassl-848	432	9	value	value	NOUN
hassl-848	432	10	shows	show	NOUN
hassl-848	432	11	(	(	PUNCT
hassl-848	432	12	0.504	0.504	NUM
hassl-848	432	13	)	)	PUNCT
hassl-848	432	14	and	and	CCONJ
hassl-848	432	15	it	it	PRON
hassl-848	432	16	is	be	AUX
hassl-848	432	17	not	not	PART
hassl-848	432	18	significant	significant	ADJ
hassl-848	432	19	where	where	SCONJ
hassl-848	432	20	p	p	NOUN
hassl-848	432	21	value	value	NOUN
hassl-848	432	22	is	be	AUX
hassl-848	432	23	above	above	ADP
hassl-848	432	24	0.05	0.05	NUM
hassl-848	432	25	.	.	PUNCT
hassl-848	433	1	in	in	ADP
hassl-848	433	2	this	this	DET
hassl-848	433	3	study	study	NOUN
hassl-848	433	4	,	,	PUNCT
hassl-848	433	5	hypothesis	hypothesis	NOUN
hassl-848	433	6	1	1	NUM
hassl-848	433	7	in	in	ADP
hassl-848	433	8	this	this	DET
hassl-848	433	9	study	study	NOUN
hassl-848	433	10	assumes	assume	VERB
hassl-848	433	11	that	that	SCONJ
hassl-848	433	12	there	there	PRON
hassl-848	433	13	is	be	VERB
hassl-848	433	14	a	a	DET
hassl-848	433	15	negative	negative	ADJ
hassl-848	433	16	relationship	relationship	NOUN
hassl-848	433	17	between	between	ADP
hassl-848	433	18	the	the	DET
hassl-848	433	19	proportion	proportion	NOUN
hassl-848	433	20	of	of	ADP
hassl-848	433	21	board	board	NOUN
hassl-848	433	22	independence	independence	NOUN
hassl-848	433	23	and	and	CCONJ
hassl-848	433	24	firm	firm	ADJ
hassl-848	433	25	risk	risk	NOUN
hassl-848	433	26	(	(	PUNCT
hassl-848	433	27	frisk	frisk	NOUN
hassl-848	433	28	)	)	PUNCT
hassl-848	433	29	.	.	PUNCT
hassl-848	434	1	as	as	ADP
hassl-848	434	2	a	a	DET
hassl-848	434	3	result	result	NOUN
hassl-848	434	4	,	,	PUNCT
hassl-848	434	5	this	this	PRON
hassl-848	434	6	shows	show	VERB
hassl-848	434	7	insignificance	insignificance	NOUN
hassl-848	434	8	for	for	ADP
hassl-848	434	9	both	both	DET
hassl-848	434	10	variables	variable	NOUN
hassl-848	434	11	(	(	PUNCT
hassl-848	434	12	indbrd	indbrd	NOUN
hassl-848	434	13	and	and	CCONJ
hassl-848	434	14	frisk	frisk	NOUN
hassl-848	434	15	)	)	PUNCT
hassl-848	434	16	,	,	PUNCT
hassl-848	434	17	hypothesis	hypothesis	NOUN
hassl-848	434	18	2	2	NUM
hassl-848	434	19	should	should	AUX
hassl-848	434	20	be	be	AUX
hassl-848	434	21	accepted	accept	VERB
hassl-848	434	22	due	due	ADP
hassl-848	434	23	to	to	ADP
hassl-848	434	24	the	the	DET
hassl-848	434	25	negative	negative	ADJ
hassl-848	434	26	correlation	correlation	NOUN
hassl-848	434	27	among	among	ADP
hassl-848	434	28	them	they	PRON
hassl-848	434	29	.	.	PUNCT
hassl-848	435	1	wang	wang	PROPN
hassl-848	435	2	and	and	CCONJ
hassl-848	435	3	oliver	oliver	PROPN
hassl-848	435	4	(	(	PUNCT
hassl-848	435	5	2009	2009	NUM
hassl-848	435	6	)	)	PUNCT
hassl-848	435	7	in	in	ADP
hassl-848	435	8	their	their	PRON
hassl-848	435	9	study	study	NOUN
hassl-848	435	10	also	also	ADV
hassl-848	435	11	came	come	VERB
hassl-848	435	12	up	up	ADP
hassl-848	435	13	with	with	ADP
hassl-848	435	14	a	a	DET
hassl-848	435	15	same	same	ADJ
hassl-848	435	16	result	result	NOUN
hassl-848	435	17	when	when	SCONJ
hassl-848	435	18	they	they	PRON
hassl-848	435	19	concluded	conclude	VERB
hassl-848	435	20	that	that	SCONJ
hassl-848	435	21	there	there	PRON
hassl-848	435	22	is	be	VERB
hassl-848	435	23	no	no	DET
hassl-848	435	24	significant	significant	ADJ
hassl-848	435	25	influence	influence	NOUN
hassl-848	435	26	between	between	ADP
hassl-848	435	27	board	board	NOUN
hassl-848	435	28	independent	independent	ADJ
hassl-848	435	29	with	with	ADP
hassl-848	435	30	performance	performance	NOUN
hassl-848	435	31	risk	risk	NOUN
hassl-848	435	32	.	.	PUNCT
hassl-848	436	1	therefore	therefore	ADV
hassl-848	436	2	,	,	PUNCT
hassl-848	436	3	the	the	DET
hassl-848	436	4	study	study	NOUN
hassl-848	436	5	made	make	VERB
hassl-848	436	6	by	by	ADP
hassl-848	436	7	ashbaugh	ashbaugh	ADJ
hassl-848	436	8	-	-	PUNCT
hassl-848	436	9	skaife	skaife	NOUN
hassl-848	436	10	et	et	PROPN
hassl-848	436	11	al	al	PROPN
hassl-848	436	12	.	.	PROPN
hassl-848	436	13	(	(	PUNCT
hassl-848	436	14	2009	2009	NUM
hassl-848	436	15	)	)	PUNCT
hassl-848	436	16	and	and	CCONJ
hassl-848	436	17	nodeh	nodeh	NOUN
hassl-848	436	18	et	et	PROPN
hassl-848	436	19	al	al	PROPN
hassl-848	436	20	.	.	PROPN
hassl-848	437	1	(	(	PUNCT
hassl-848	437	2	2015	2015	NUM
hassl-848	437	3	)	)	PUNCT
hassl-848	437	4	also	also	ADV
hassl-848	437	5	show	show	VERB
hassl-848	437	6	a	a	DET
hassl-848	437	7	negative	negative	ADJ
hassl-848	437	8	relationship	relationship	NOUN
hassl-848	437	9	between	between	ADP
hassl-848	437	10	board	board	NOUN
hassl-848	437	11	independence	independence	NOUN
hassl-848	437	12	and	and	CCONJ
hassl-848	437	13	unsystematic	unsystematic	ADJ
hassl-848	437	14	risk	risk	NOUN
hassl-848	437	15	,	,	PUNCT
hassl-848	437	16	beta	beta	NOUN
hassl-848	437	17	,	,	PUNCT
hassl-848	437	18	cost	cost	NOUN
hassl-848	437	19	of	of	ADP
hassl-848	437	20	equity	equity	NOUN
hassl-848	437	21	and	and	CCONJ
hassl-848	437	22	risk	risk	NOUN
hassl-848	437	23	taking	taking	NOUN
hassl-848	437	24	.	.	PUNCT
hassl-848	438	1	board	board	NOUN
hassl-848	438	2	size	size	NOUN
hassl-848	438	3	(	(	PUNCT
hassl-848	438	4	brdsize	brdsize	PROPN
hassl-848	438	5	)	)	PUNCT
hassl-848	438	6	demonstrates	demonstrate	VERB
hassl-848	438	7	a	a	DET
hassl-848	438	8	negative	negative	ADJ
hassl-848	438	9	relationship	relationship	NOUN
hassl-848	438	10	with	with	ADP
hassl-848	438	11	firm	firm	NOUN
hassl-848	438	12	’s	’s	PART
hassl-848	438	13	risk	risk	NOUN
hassl-848	438	14	which	which	PRON
hassl-848	438	15	is	be	AUX
hassl-848	438	16	(	(	PUNCT
hassl-848	438	17	-0.005	-0.005	INTJ
hassl-848	438	18	)	)	PUNCT
hassl-848	438	19	.	.	PUNCT
hassl-848	439	1	the	the	DET
hassl-848	439	2	result	result	NOUN
hassl-848	439	3	examines	examine	VERB
hassl-848	439	4	that	that	SCONJ
hassl-848	439	5	large	large	ADJ
hassl-848	439	6	board	board	NOUN
hassl-848	439	7	size	size	NOUN
hassl-848	439	8	would	would	AUX
hassl-848	439	9	reduce	reduce	VERB
hassl-848	439	10	the	the	DET
hassl-848	439	11	risk	risk	NOUN
hassl-848	439	12	.	.	PUNCT
hassl-848	440	1	as	as	SCONJ
hassl-848	440	2	believed	believe	VERB
hassl-848	440	3	by	by	ADP
hassl-848	440	4	moumen	mouman	NOUN
hassl-848	440	5	et	et	PROPN
hassl-848	440	6	al	al	PROPN
hassl-848	440	7	.	.	PUNCT
hassl-848	441	1	(	(	PUNCT
hassl-848	441	2	2016	2016	NUM
hassl-848	441	3	)	)	PUNCT
hassl-848	441	4	larger	large	ADJ
hassl-848	441	5	board	board	NOUN
hassl-848	441	6	size	size	NOUN
hassl-848	441	7	would	would	AUX
hassl-848	441	8	reduce	reduce	VERB
hassl-848	441	9	risk	risk	NOUN
hassl-848	441	10	as	as	ADV
hassl-848	441	11	well	well	ADV
hassl-848	441	12	as	as	ADP
hassl-848	441	13	enhance	enhance	VERB
hassl-848	441	14	disclosure	disclosure	NOUN
hassl-848	441	15	of	of	ADP
hassl-848	441	16	risk	risk	NOUN
hassl-848	441	17	.	.	PUNCT
hassl-848	442	1	while	while	SCONJ
hassl-848	442	2	mathew	mathew	PROPN
hassl-848	442	3	and	and	CCONJ
hassl-848	442	4	hill	hill	PROPN
hassl-848	442	5	(	(	PUNCT
hassl-848	442	6	2013	2013	NUM
hassl-848	442	7	)	)	PUNCT
hassl-848	442	8	further	far	ADV
hassl-848	442	9	suggested	suggest	VERB
hassl-848	442	10	that	that	SCONJ
hassl-848	442	11	larger	large	ADJ
hassl-848	442	12	board	board	NOUN
hassl-848	442	13	size	size	NOUN
hassl-848	442	14	would	would	AUX
hassl-848	442	15	reduce	reduce	VERB
hassl-848	442	16	firm	firm	NOUN
hassl-848	442	17	’s	’s	PART
hassl-848	442	18	risk	risk	NOUN
hassl-848	442	19	.	.	PUNCT
hassl-848	443	1	however	however	ADV
hassl-848	443	2	,	,	PUNCT
hassl-848	443	3	the	the	DET
hassl-848	443	4	result	result	NOUN
hassl-848	443	5	not	not	PART
hassl-848	443	6	significant	significant	ADJ
hassl-848	443	7	between	between	ADP
hassl-848	443	8	both	both	DET
hassl-848	443	9	variables	variable	NOUN
hassl-848	443	10	where	where	SCONJ
hassl-848	443	11	(	(	PUNCT
hassl-848	443	12	0.873	0.873	NUM
hassl-848	443	13	)	)	PUNCT
hassl-848	443	14	was	be	AUX
hassl-848	443	15	gathered	gather	VERB
hassl-848	443	16	from	from	ADP
hassl-848	443	17	correlation	correlation	NOUN
hassl-848	443	18	analysis	analysis	NOUN
hassl-848	443	19	.	.	PUNCT
hassl-848	444	1	ji	ji	PROPN
hassl-848	444	2	(	(	PUNCT
hassl-848	444	3	2016	2016	NUM
hassl-848	444	4	)	)	PUNCT
hassl-848	444	5	found	find	VERB
hassl-848	444	6	an	an	DET
hassl-848	444	7	insignificant	insignificant	ADJ
hassl-848	444	8	relationship	relationship	NOUN
hassl-848	444	9	between	between	ADP
hassl-848	444	10	board	board	NOUN
hassl-848	444	11	size	size	NOUN
hassl-848	444	12	and	and	CCONJ
hassl-848	444	13	risk	risk	NOUN
hassl-848	444	14	.	.	PUNCT
hassl-848	445	1	the	the	DET
hassl-848	445	2	study	study	NOUN
hassl-848	445	3	conducted	conduct	VERB
hassl-848	445	4	to	to	PART
hassl-848	445	5	reveal	reveal	VERB
hassl-848	445	6	whether	whether	SCONJ
hassl-848	445	7	board	board	NOUN
hassl-848	445	8	structure	structure	NOUN
hassl-848	445	9	affects	affect	VERB
hassl-848	445	10	the	the	DET
hassl-848	445	11	important	important	ADJ
hassl-848	445	12	firm	firm	ADJ
hassl-848	445	13	economic	economic	ADJ
hassl-848	445	14	decisions	decision	NOUN
hassl-848	445	15	.	.	PUNCT
hassl-848	446	1	regarding	regard	VERB
hassl-848	446	2	the	the	DET
hassl-848	446	3	issue	issue	NOUN
hassl-848	446	4	of	of	ADP
hassl-848	446	5	board	board	NOUN
hassl-848	446	6	size	size	NOUN
hassl-848	446	7	and	and	CCONJ
hassl-848	446	8	risk	risk	NOUN
hassl-848	446	9	,	,	PUNCT
hassl-848	446	10	yermack	yermack	NOUN
hassl-848	446	11	(	(	PUNCT
hassl-848	446	12	1996	1996	NUM
hassl-848	446	13	)	)	PUNCT
hassl-848	446	14	show	show	VERB
hassl-848	446	15	a	a	DET
hassl-848	446	16	large	large	ADJ
hassl-848	446	17	board	board	NOUN
hassl-848	446	18	would	would	AUX
hassl-848	446	19	result	result	VERB
hassl-848	446	20	in	in	ADP
hassl-848	446	21	fewer	few	ADJ
hassl-848	446	22	corporations	corporation	NOUN
hassl-848	446	23	;	;	PUNCT
hassl-848	446	24	increase	increase	VERB
hassl-848	446	25	humanities	humanity	NOUN
hassl-848	446	26	and	and	CCONJ
hassl-848	446	27	social	social	ADJ
hassl-848	446	28	sciences	science	NOUN
hassl-848	446	29	letters	letter	NOUN
hassl-848	446	30	,	,	PUNCT
hassl-848	446	31	2020	2020	NUM
hassl-848	446	32	,	,	PUNCT
hassl-848	446	33	8(2	8(2	NUM
hassl-848	446	34	):	):	PUNCT
hassl-848	446	35	169	169	NUM
hassl-848	446	36	-	-	SYM
hassl-848	446	37	193	193	NUM
hassl-848	446	38	184	184	NUM
hassl-848	446	39	©	©	PROPN
hassl-848	446	40	2020	2020	NUM
hassl-848	446	41	conscientia	conscientia	PROPN
hassl-848	446	42	beam	beam	PROPN
hassl-848	446	43	.	.	PUNCT
hassl-848	447	1	all	all	DET
hassl-848	447	2	rights	right	NOUN
hassl-848	447	3	reserved	reserve	VERB
hassl-848	447	4	.	.	PUNCT
hassl-848	448	1	information	information	NOUN
hassl-848	448	2	costs	cost	NOUN
hassl-848	448	3	and	and	CCONJ
hassl-848	448	4	lead	lead	VERB
hassl-848	448	5	to	to	PART
hassl-848	448	6	increase	increase	VERB
hassl-848	448	7	decision	decision	NOUN
hassl-848	448	8	making	making	NOUN
hassl-848	448	9	time	time	NOUN
hassl-848	448	10	.	.	PUNCT
hassl-848	449	1	while	while	SCONJ
hassl-848	449	2	ji	ji	PROPN
hassl-848	449	3	(	(	PUNCT
hassl-848	449	4	2016	2016	NUM
hassl-848	449	5	)	)	PUNCT
hassl-848	449	6	indicated	indicate	VERB
hassl-848	449	7	larger	large	ADJ
hassl-848	449	8	size	size	NOUN
hassl-848	449	9	is	be	AUX
hassl-848	449	10	likely	likely	ADJ
hassl-848	449	11	to	to	PART
hassl-848	449	12	mitigate	mitigate	VERB
hassl-848	449	13	sensitivity	sensitivity	NOUN
hassl-848	449	14	of	of	ADP
hassl-848	449	15	cash	cash	NOUN
hassl-848	449	16	flow	flow	NOUN
hassl-848	449	17	by	by	ADP
hassl-848	449	18	reducing	reduce	VERB
hassl-848	449	19	information	information	NOUN
hassl-848	449	20	asymmetry	asymmetry	NOUN
hassl-848	449	21	among	among	ADP
hassl-848	449	22	capital	capital	NOUN
hassl-848	449	23	providers	provider	NOUN
hassl-848	449	24	and	and	CCONJ
hassl-848	449	25	manager	manager	NOUN
hassl-848	449	26	as	as	ADV
hassl-848	449	27	well	well	ADV
hassl-848	449	28	as	as	ADP
hassl-848	449	29	decrease	decrease	VERB
hassl-848	449	30	firm	firm	ADJ
hassl-848	449	31	risk	risk	NOUN
hassl-848	449	32	mathew	mathew	PROPN
hassl-848	449	33	and	and	CCONJ
hassl-848	449	34	hill	hill	PROPN
hassl-848	449	35	(	(	PUNCT
hassl-848	449	36	2013	2013	NUM
hassl-848	449	37	)	)	PUNCT
hassl-848	449	38	.	.	PUNCT
hassl-848	450	1	the	the	DET
hassl-848	450	2	finding	finding	NOUN
hassl-848	450	3	in	in	ADP
hassl-848	450	4	this	this	DET
hassl-848	450	5	study	study	NOUN
hassl-848	450	6	also	also	ADV
hassl-848	450	7	consistent	consistent	ADJ
hassl-848	450	8	with	with	ADP
hassl-848	450	9	moumen	mouman	NOUN
hassl-848	450	10	et	et	PROPN
hassl-848	450	11	al	al	PROPN
hassl-848	450	12	.	.	PUNCT
hassl-848	451	1	(	(	PUNCT
hassl-848	451	2	2016	2016	NUM
hassl-848	451	3	)	)	PUNCT
hassl-848	451	4	that	that	PRON
hassl-848	451	5	claimed	claim	VERB
hassl-848	451	6	larger	large	ADJ
hassl-848	451	7	board	board	NOUN
hassl-848	451	8	size	size	NOUN
hassl-848	451	9	would	would	AUX
hassl-848	451	10	enhance	enhance	VERB
hassl-848	451	11	disclosure	disclosure	NOUN
hassl-848	451	12	of	of	ADP
hassl-848	451	13	risk	risk	NOUN
hassl-848	451	14	information	information	NOUN
hassl-848	451	15	about	about	ADP
hassl-848	451	16	future	future	ADJ
hassl-848	451	17	earnings	earning	NOUN
hassl-848	451	18	.	.	PUNCT
hassl-848	452	1	hence	hence	ADV
hassl-848	452	2	,	,	PUNCT
hassl-848	452	3	from	from	ADP
hassl-848	452	4	the	the	DET
hassl-848	452	5	result	result	NOUN
hassl-848	452	6	gathered	gather	VERB
hassl-848	452	7	from	from	ADP
hassl-848	452	8	the	the	DET
hassl-848	452	9	analysis	analysis	NOUN
hassl-848	452	10	,	,	PUNCT
hassl-848	452	11	hypothesis	hypothesis	NOUN
hassl-848	452	12	2	2	NUM
hassl-848	452	13	was	be	AUX
hassl-848	452	14	developed	develop	VERB
hassl-848	452	15	in	in	ADP
hassl-848	452	16	order	order	NOUN
hassl-848	452	17	to	to	PART
hassl-848	452	18	investigate	investigate	VERB
hassl-848	452	19	negative	negative	ADJ
hassl-848	452	20	influence	influence	NOUN
hassl-848	452	21	between	between	ADP
hassl-848	452	22	small	small	ADJ
hassl-848	452	23	board	board	NOUN
hassl-848	452	24	size	size	NOUN
hassl-848	452	25	and	and	CCONJ
hassl-848	452	26	firm	firm	NOUN
hassl-848	452	27	’s	’s	PART
hassl-848	452	28	risk	risk	NOUN
hassl-848	452	29	.	.	PUNCT
hassl-848	453	1	in	in	ADP
hassl-848	453	2	fact	fact	NOUN
hassl-848	453	3	,	,	PUNCT
hassl-848	453	4	after	after	SCONJ
hassl-848	453	5	analysis	analysis	NOUN
hassl-848	453	6	was	be	AUX
hassl-848	453	7	made	make	VERB
hassl-848	453	8	,	,	PUNCT
hassl-848	453	9	the	the	DET
hassl-848	453	10	hypothesis	hypothesis	NOUN
hassl-848	453	11	has	have	AUX
hassl-848	453	12	been	be	AUX
hassl-848	453	13	rejected	reject	VERB
hassl-848	453	14	.	.	PUNCT
hassl-848	454	1	next	next	ADV
hassl-848	454	2	,	,	PUNCT
hassl-848	454	3	there	there	PRON
hassl-848	454	4	is	be	VERB
hassl-848	454	5	a	a	DET
hassl-848	454	6	negative	negative	ADJ
hassl-848	454	7	relationship	relationship	NOUN
hassl-848	454	8	between	between	ADP
hassl-848	454	9	ceo	ceo	NOUN
hassl-848	454	10	duality	duality	NOUN
hassl-848	454	11	(	(	PUNCT
hassl-848	454	12	cdual	cdual	ADJ
hassl-848	454	13	)	)	PUNCT
hassl-848	454	14	with	with	ADP
hassl-848	454	15	firm	firm	NOUN
hassl-848	454	16	’s	’s	PART
hassl-848	454	17	risk	risk	NOUN
hassl-848	454	18	.	.	PUNCT
hassl-848	455	1	the	the	DET
hassl-848	455	2	result	result	NOUN
hassl-848	455	3	show	show	VERB
hassl-848	455	4	inverse	inverse	NOUN
hassl-848	455	5	relationship	relationship	NOUN
hassl-848	455	6	between	between	ADP
hassl-848	455	7	both	both	CCONJ
hassl-848	455	8	variable	variable	ADJ
hassl-848	455	9	(	(	PUNCT
hassl-848	455	10	-0.040	-0.040	NUM
hassl-848	455	11	)	)	PUNCT
hassl-848	455	12	.	.	PUNCT
hassl-848	456	1	it	it	PRON
hassl-848	456	2	is	be	AUX
hassl-848	456	3	assumed	assume	VERB
hassl-848	456	4	that	that	SCONJ
hassl-848	456	5	when	when	SCONJ
hassl-848	456	6	the	the	DET
hassl-848	456	7	firm	firm	NOUN
hassl-848	456	8	have	have	VERB
hassl-848	456	9	ceo	ceo	NOUN
hassl-848	456	10	duality	duality	NOUN
hassl-848	456	11	,	,	PUNCT
hassl-848	456	12	the	the	DET
hassl-848	456	13	risk	risk	NOUN
hassl-848	456	14	will	will	AUX
hassl-848	456	15	be	be	AUX
hassl-848	456	16	lower	low	ADJ
hassl-848	456	17	compared	compare	VERB
hassl-848	456	18	to	to	PART
hassl-848	456	19	firm	firm	VERB
hassl-848	456	20	with	with	ADP
hassl-848	456	21	non	non	ADJ
hassl-848	456	22	-	-	ADJ
hassl-848	456	23	duality	duality	ADJ
hassl-848	456	24	director	director	NOUN
hassl-848	456	25	.	.	PUNCT
hassl-848	457	1	as	as	SCONJ
hassl-848	457	2	proved	prove	VERB
hassl-848	457	3	by	by	ADP
hassl-848	457	4	kim	kim	PROPN
hassl-848	457	5	and	and	CCONJ
hassl-848	457	6	buchanan	buchanan	PROPN
hassl-848	457	7	(	(	PUNCT
hassl-848	457	8	2008	2008	NUM
hassl-848	457	9	)	)	PUNCT
hassl-848	457	10	and	and	CCONJ
hassl-848	457	11	tang	tang	NOUN
hassl-848	457	12	(	(	PUNCT
hassl-848	457	13	2017	2017	NUM
hassl-848	457	14	)	)	PUNCT
hassl-848	457	15	in	in	ADP
hassl-848	457	16	their	their	PRON
hassl-848	457	17	study	study	NOUN
hassl-848	457	18	,	,	PUNCT
hassl-848	457	19	they	they	PRON
hassl-848	457	20	found	find	VERB
hassl-848	457	21	that	that	SCONJ
hassl-848	457	22	the	the	DET
hassl-848	457	23	existence	existence	NOUN
hassl-848	457	24	of	of	ADP
hassl-848	457	25	ceo	ceo	NOUN
hassl-848	457	26	duality	duality	NOUN
hassl-848	457	27	would	would	AUX
hassl-848	457	28	reduce	reduce	VERB
hassl-848	457	29	the	the	DET
hassl-848	457	30	risk	risk	NOUN
hassl-848	457	31	of	of	ADP
hassl-848	457	32	the	the	DET
hassl-848	457	33	firm	firm	NOUN
hassl-848	457	34	.	.	PUNCT
hassl-848	458	1	in	in	ADP
hassl-848	458	2	this	this	DET
hassl-848	458	3	study	study	NOUN
hassl-848	458	4	,	,	PUNCT
hassl-848	458	5	hypothesis	hypothesis	NOUN
hassl-848	458	6	4	4	NUM
hassl-848	458	7	predicted	predict	VERB
hassl-848	458	8	the	the	DET
hassl-848	458	9	positive	positive	ADJ
hassl-848	458	10	correlation	correlation	NOUN
hassl-848	458	11	between	between	ADP
hassl-848	458	12	ceo	ceo	NOUN
hassl-848	458	13	duality	duality	NOUN
hassl-848	458	14	and	and	CCONJ
hassl-848	458	15	firm	firm	ADJ
hassl-848	458	16	risk	risk	NOUN
hassl-848	458	17	.	.	PUNCT
hassl-848	459	1	according	accord	VERB
hassl-848	459	2	to	to	ADP
hassl-848	459	3	the	the	DET
hassl-848	459	4	analysis	analysis	NOUN
hassl-848	459	5	conducted	conduct	VERB
hassl-848	459	6	,	,	PUNCT
hassl-848	459	7	hypothesis	hypothesis	NOUN
hassl-848	459	8	3	3	NUM
hassl-848	459	9	was	be	AUX
hassl-848	459	10	rejected	reject	VERB
hassl-848	459	11	due	due	ADP
hassl-848	459	12	to	to	ADP
hassl-848	459	13	inverse	inverse	NOUN
hassl-848	459	14	relationship	relationship	NOUN
hassl-848	459	15	gathered	gather	VERB
hassl-848	459	16	.	.	PUNCT
hassl-848	460	1	however	however	ADV
hassl-848	460	2	,	,	PUNCT
hassl-848	460	3	the	the	DET
hassl-848	460	4	significant	significant	ADJ
hassl-848	460	5	value	value	NOUN
hassl-848	460	6	shows	show	NOUN
hassl-848	460	7	(	(	PUNCT
hassl-848	460	8	0.164	0.164	NUM
hassl-848	460	9	)	)	PUNCT
hassl-848	460	10	and	and	CCONJ
hassl-848	460	11	it	it	PRON
hassl-848	460	12	violates	violate	VERB
hassl-848	460	13	the	the	DET
hassl-848	460	14	rule	rule	NOUN
hassl-848	460	15	of	of	ADP
hassl-848	460	16	thumb	thumb	NOUN
hassl-848	460	17	for	for	ADP
hassl-848	460	18	significant	significant	ADJ
hassl-848	460	19	value	value	NOUN
hassl-848	460	20	p<0.05	p<0.05	NOUN
hassl-848	460	21	.	.	PUNCT
hassl-848	461	1	kim	kim	PROPN
hassl-848	461	2	and	and	CCONJ
hassl-848	461	3	buchanan	buchanan	PROPN
hassl-848	461	4	(	(	PUNCT
hassl-848	461	5	2008	2008	NUM
hassl-848	461	6	)	)	PUNCT
hassl-848	461	7	in	in	ADP
hassl-848	461	8	their	their	PRON
hassl-848	461	9	study	study	NOUN
hassl-848	461	10	also	also	ADV
hassl-848	461	11	found	find	VERB
hassl-848	461	12	that	that	SCONJ
hassl-848	461	13	there	there	PRON
hassl-848	461	14	is	be	VERB
hassl-848	461	15	no	no	DET
hassl-848	461	16	significant	significant	ADJ
hassl-848	461	17	moderating	moderate	VERB
hassl-848	461	18	effect	effect	NOUN
hassl-848	461	19	between	between	ADP
hassl-848	461	20	ceo	ceo	NOUN
hassl-848	461	21	duality	duality	NOUN
hassl-848	461	22	and	and	CCONJ
hassl-848	461	23	risk	risk	NOUN
hassl-848	461	24	-	-	PUNCT
hassl-848	461	25	taking	take	VERB
hassl-848	461	26	behavior	behavior	NOUN
hassl-848	461	27	.	.	PUNCT
hassl-848	462	1	kim	kim	PROPN
hassl-848	462	2	and	and	CCONJ
hassl-848	462	3	buchanan	buchanan	PROPN
hassl-848	462	4	(	(	PUNCT
hassl-848	462	5	2008	2008	NUM
hassl-848	462	6	)	)	PUNCT
hassl-848	462	7	also	also	ADV
hassl-848	462	8	further	far	ADV
hassl-848	462	9	explained	explain	VERB
hassl-848	462	10	that	that	SCONJ
hassl-848	462	11	their	their	PRON
hassl-848	462	12	hypothesis	hypothesis	NOUN
hassl-848	462	13	was	be	AUX
hassl-848	462	14	developed	develop	VERB
hassl-848	462	15	based	base	VERB
hassl-848	462	16	on	on	ADP
hassl-848	462	17	the	the	DET
hassl-848	462	18	agency	agency	NOUN
hassl-848	462	19	theory	theory	NOUN
hassl-848	462	20	perspective	perspective	PROPN
hassl-848	462	21	concerning	concern	VERB
hassl-848	462	22	agent	agent	NOUN
hassl-848	462	23	equity	equity	NOUN
hassl-848	462	24	ownership	ownership	NOUN
hassl-848	462	25	was	be	AUX
hassl-848	462	26	not	not	PART
hassl-848	462	27	supported	support	VERB
hassl-848	462	28	the	the	DET
hassl-848	462	29	finding	finding	NOUN
hassl-848	462	30	in	in	ADP
hassl-848	462	31	their	their	PRON
hassl-848	462	32	study	study	NOUN
hassl-848	462	33	.	.	PUNCT
hassl-848	463	1	in	in	ADP
hassl-848	463	2	summary	summary	NOUN
hassl-848	463	3	,	,	PUNCT
hassl-848	463	4	hypothesis	hypothesis	NOUN
hassl-848	463	5	3	3	NUM
hassl-848	463	6	in	in	ADP
hassl-848	463	7	this	this	DET
hassl-848	463	8	study	study	NOUN
hassl-848	463	9	was	be	AUX
hassl-848	463	10	rejected	reject	VERB
hassl-848	463	11	.	.	PUNCT
hassl-848	464	1	besides	besides	SCONJ
hassl-848	464	2	that	that	PRON
hassl-848	464	3	,	,	PUNCT
hassl-848	464	4	the	the	DET
hassl-848	464	5	existence	existence	NOUN
hassl-848	464	6	of	of	ADP
hassl-848	464	7	audit	audit	NOUN
hassl-848	464	8	and	and	CCONJ
hassl-848	464	9	nomination	nomination	NOUN
hassl-848	464	10	or	or	CCONJ
hassl-848	464	11	remuneration	remuneration	NOUN
hassl-848	464	12	committee	committee	NOUN
hassl-848	464	13	(	(	PUNCT
hassl-848	464	14	earc	earc	PROPN
hassl-848	464	15	)	)	PUNCT
hassl-848	464	16	does	do	AUX
hassl-848	464	17	not	not	PART
hassl-848	464	18	have	have	VERB
hassl-848	464	19	any	any	DET
hassl-848	464	20	correlation	correlation	NOUN
hassl-848	464	21	since	since	SCONJ
hassl-848	464	22	it	it	PRON
hassl-848	464	23	is	be	AUX
hassl-848	464	24	a	a	DET
hassl-848	464	25	dummy	dummy	ADJ
hassl-848	464	26	variable	variable	NOUN
hassl-848	464	27	.	.	PUNCT
hassl-848	465	1	earc	earc	PROPN
hassl-848	465	2	was	be	AUX
hassl-848	465	3	measured	measure	VERB
hassl-848	465	4	by	by	ADP
hassl-848	465	5	using	use	VERB
hassl-848	465	6	(	(	PUNCT
hassl-848	465	7	2	2	NUM
hassl-848	465	8	)	)	PUNCT
hassl-848	465	9	if	if	SCONJ
hassl-848	465	10	a	a	DET
hassl-848	465	11	firm	firm	NOUN
hassl-848	465	12	has	have	VERB
hassl-848	465	13	both	both	PRON
hassl-848	465	14	audit	audit	NOUN
hassl-848	465	15	and	and	CCONJ
hassl-848	465	16	remuneration	remuneration	NOUN
hassl-848	465	17	committees	committee	NOUN
hassl-848	465	18	.	.	PUNCT
hassl-848	466	1	while	while	SCONJ
hassl-848	466	2	(	(	PUNCT
hassl-848	466	3	1	1	X
hassl-848	466	4	)	)	PUNCT
hassl-848	466	5	is	be	AUX
hassl-848	466	6	considered	consider	VERB
hassl-848	466	7	when	when	SCONJ
hassl-848	466	8	a	a	DET
hassl-848	466	9	firm	firm	NOUN
hassl-848	466	10	only	only	ADV
hassl-848	466	11	has	have	VERB
hassl-848	466	12	one	one	NUM
hassl-848	466	13	committee	committee	NOUN
hassl-848	466	14	.	.	PUNCT
hassl-848	467	1	in	in	ADP
hassl-848	467	2	fact	fact	NOUN
hassl-848	467	3	,	,	PUNCT
hassl-848	467	4	in	in	ADP
hassl-848	467	5	this	this	DET
hassl-848	467	6	study	study	NOUN
hassl-848	467	7	,	,	PUNCT
hassl-848	467	8	the	the	DET
hassl-848	467	9	samples	sample	NOUN
hassl-848	467	10	used	use	VERB
hassl-848	467	11	practice	practice	NOUN
hassl-848	467	12	both	both	DET
hassl-848	467	13	committees	committee	NOUN
hassl-848	467	14	.	.	PUNCT
hassl-848	468	1	therefore	therefore	ADV
hassl-848	468	2	,	,	PUNCT
hassl-848	468	3	from	from	ADP
hassl-848	468	4	the	the	DET
hassl-848	468	5	result	result	NOUN
hassl-848	468	6	gathered	gather	VERB
hassl-848	468	7	in	in	ADP
hassl-848	468	8	this	this	DET
hassl-848	468	9	analysis	analysis	NOUN
hassl-848	468	10	,	,	PUNCT
hassl-848	468	11	there	there	PRON
hassl-848	468	12	is	be	VERB
hassl-848	468	13	no	no	DET
hassl-848	468	14	significant	significant	ADJ
hassl-848	468	15	relationship	relationship	NOUN
hassl-848	468	16	between	between	ADP
hassl-848	468	17	the	the	DET
hassl-848	468	18	existence	existence	NOUN
hassl-848	468	19	of	of	ADP
hassl-848	468	20	audit	audit	NOUN
hassl-848	468	21	and	and	CCONJ
hassl-848	468	22	nomination	nomination	NOUN
hassl-848	468	23	or	or	CCONJ
hassl-848	468	24	remuneration	remuneration	NOUN
hassl-848	468	25	committee	committee	NOUN
hassl-848	468	26	and	and	CCONJ
hassl-848	468	27	firm	firm	NOUN
hassl-848	468	28	’s	’s	PART
hassl-848	468	29	risk	risk	NOUN
hassl-848	468	30	.	.	PUNCT
hassl-848	469	1	hence	hence	ADV
hassl-848	469	2	,	,	PUNCT
hassl-848	469	3	hypothesis	hypothesis	NOUN
hassl-848	469	4	4	4	NUM
hassl-848	469	5	could	could	AUX
hassl-848	469	6	also	also	ADV
hassl-848	469	7	be	be	AUX
hassl-848	469	8	rejected	reject	VERB
hassl-848	469	9	.	.	PUNCT
hassl-848	470	1	finally	finally	ADV
hassl-848	470	2	,	,	PUNCT
hassl-848	470	3	the	the	DET
hassl-848	470	4	relationship	relationship	NOUN
hassl-848	470	5	between	between	ADP
hassl-848	470	6	board	board	NOUN
hassl-848	470	7	committee	committee	PROPN
hassl-848	470	8	independent	independent	ADJ
hassl-848	470	9	(	(	PUNCT
hassl-848	470	10	ibrdc	ibrdc	NOUN
hassl-848	470	11	)	)	PUNCT
hassl-848	470	12	and	and	CCONJ
hassl-848	470	13	risk	risk	NOUN
hassl-848	470	14	of	of	ADP
hassl-848	470	15	the	the	DET
hassl-848	470	16	firm	firm	NOUN
hassl-848	470	17	has	have	VERB
hassl-848	470	18	a	a	DET
hassl-848	470	19	significant	significant	ADJ
hassl-848	470	20	positive	positive	ADJ
hassl-848	470	21	relationship	relationship	NOUN
hassl-848	470	22	which	which	PRON
hassl-848	470	23	is	be	AUX
hassl-848	470	24	the	the	DET
hassl-848	470	25	value	value	NOUN
hassl-848	470	26	shows	show	NOUN
hassl-848	470	27	(	(	PUNCT
hassl-848	470	28	0.085	0.085	NUM
hassl-848	470	29	)	)	PUNCT
hassl-848	470	30	in	in	ADP
hassl-848	470	31	table	table	NOUN
hassl-848	470	32	10	10	NUM
hassl-848	470	33	above	above	ADV
hassl-848	470	34	.	.	PUNCT
hassl-848	471	1	the	the	DET
hassl-848	471	2	significant	significant	ADJ
hassl-848	471	3	value	value	NOUN
hassl-848	471	4	shows	show	NOUN
hassl-848	471	5	(	(	PUNCT
hassl-848	471	6	0.003	0.003	NUM
hassl-848	471	7	)	)	PUNCT
hassl-848	471	8	and	and	CCONJ
hassl-848	471	9	it	it	PRON
hassl-848	471	10	is	be	AUX
hassl-848	471	11	significant	significant	ADJ
hassl-848	471	12	where	where	SCONJ
hassl-848	471	13	p	p	NOUN
hassl-848	471	14	value	value	NOUN
hassl-848	471	15	is	be	AUX
hassl-848	471	16	below	below	ADP
hassl-848	471	17	0.05	0.05	NUM
hassl-848	471	18	(	(	PUNCT
hassl-848	471	19	p<0.05	p<0.05	NOUN
hassl-848	471	20	)	)	PUNCT
hassl-848	471	21	.	.	PUNCT
hassl-848	472	1	from	from	ADP
hassl-848	472	2	this	this	DET
hassl-848	472	3	analysis	analysis	NOUN
hassl-848	472	4	,	,	PUNCT
hassl-848	472	5	it	it	PRON
hassl-848	472	6	is	be	AUX
hassl-848	472	7	anticipated	anticipate	VERB
hassl-848	472	8	that	that	SCONJ
hassl-848	472	9	higher	high	ADJ
hassl-848	472	10	proportion	proportion	NOUN
hassl-848	472	11	of	of	ADP
hassl-848	472	12	board	board	NOUN
hassl-848	472	13	independence	independence	NOUN
hassl-848	472	14	in	in	ADP
hassl-848	472	15	audit	audit	NOUN
hassl-848	472	16	committee	committee	NOUN
hassl-848	472	17	would	would	AUX
hassl-848	472	18	lead	lead	VERB
hassl-848	472	19	to	to	ADP
hassl-848	472	20	the	the	DET
hassl-848	472	21	firms	firm	NOUN
hassl-848	472	22	to	to	ADP
hassl-848	472	23	more	more	ADJ
hassl-848	472	24	risks	risk	NOUN
hassl-848	472	25	.	.	PUNCT
hassl-848	473	1	the	the	DET
hassl-848	473	2	result	result	NOUN
hassl-848	473	3	is	be	AUX
hassl-848	473	4	contradict	contradict	ADJ
hassl-848	473	5	with	with	ADP
hassl-848	473	6	anderson	anderson	PROPN
hassl-848	473	7	et	et	PROPN
hassl-848	473	8	al	al	PROPN
hassl-848	473	9	.	.	PROPN
hassl-848	474	1	(	(	PUNCT
hassl-848	474	2	2004	2004	NUM
hassl-848	474	3	)	)	PUNCT
hassl-848	474	4	and	and	CCONJ
hassl-848	474	5	saleh	saleh	NOUN
hassl-848	474	6	et	et	PROPN
hassl-848	474	7	al	al	PROPN
hassl-848	474	8	.	.	PROPN
hassl-848	475	1	(	(	PUNCT
hassl-848	475	2	2007	2007	NUM
hassl-848	475	3	)	)	PUNCT
hassl-848	475	4	in	in	ADP
hassl-848	475	5	their	their	PRON
hassl-848	475	6	study	study	NOUN
hassl-848	475	7	that	that	PRON
hassl-848	475	8	suggested	suggest	VERB
hassl-848	475	9	higher	high	ADJ
hassl-848	475	10	proportion	proportion	NOUN
hassl-848	475	11	of	of	ADP
hassl-848	475	12	independent	independent	ADJ
hassl-848	475	13	directors	director	NOUN
hassl-848	475	14	would	would	AUX
hassl-848	475	15	use	use	VERB
hassl-848	475	16	their	their	PRON
hassl-848	475	17	talent	talent	NOUN
hassl-848	475	18	and	and	CCONJ
hassl-848	475	19	expertise	expertise	NOUN
hassl-848	475	20	in	in	ADP
hassl-848	475	21	order	order	NOUN
hassl-848	475	22	to	to	PART
hassl-848	475	23	reduce	reduce	VERB
hassl-848	475	24	earning	earn	VERB
hassl-848	475	25	management	management	NOUN
hassl-848	475	26	and	and	CCONJ
hassl-848	475	27	lower	low	ADJ
hassl-848	475	28	the	the	DET
hassl-848	475	29	debt	debt	NOUN
hassl-848	475	30	financing	financing	NOUN
hassl-848	475	31	cost	cost	NOUN
hassl-848	475	32	as	as	ADV
hassl-848	475	33	well	well	ADV
hassl-848	475	34	as	as	ADP
hassl-848	475	35	to	to	PART
hassl-848	475	36	reduce	reduce	VERB
hassl-848	475	37	firm	firm	NOUN
hassl-848	475	38	’s	’s	PART
hassl-848	475	39	risk	risk	NOUN
hassl-848	475	40	.	.	PUNCT
hassl-848	476	1	however	however	ADV
hassl-848	476	2	,	,	PUNCT
hassl-848	476	3	the	the	DET
hassl-848	476	4	result	result	NOUN
hassl-848	476	5	consistent	consistent	ADJ
hassl-848	476	6	with	with	ADP
hassl-848	476	7	reverte	reverte	NOUN
hassl-848	476	8	(	(	PUNCT
hassl-848	476	9	2009	2009	NUM
hassl-848	476	10	)	)	PUNCT
hassl-848	476	11	where	where	SCONJ
hassl-848	476	12	there	there	PRON
hassl-848	476	13	is	be	VERB
hassl-848	476	14	a	a	DET
hassl-848	476	15	significant	significant	ADJ
hassl-848	476	16	positive	positive	ADJ
hassl-848	476	17	relationship	relationship	NOUN
hassl-848	476	18	between	between	ADP
hassl-848	476	19	ibrdc	ibrdc	NOUN
hassl-848	476	20	with	with	ADP
hassl-848	476	21	firm	firm	ADJ
hassl-848	476	22	risk	risk	NOUN
hassl-848	476	23	.	.	PUNCT
hassl-848	477	1	klein	klein	PROPN
hassl-848	477	2	.	.	PUNCT
hassl-848	478	1	(	(	PUNCT
hassl-848	478	2	2002b	2002b	NUM
hassl-848	478	3	)	)	PUNCT
hassl-848	478	4	indicates	indicate	VERB
hassl-848	478	5	that	that	SCONJ
hassl-848	478	6	there	there	PRON
hassl-848	478	7	is	be	VERB
hassl-848	478	8	no	no	DET
hassl-848	478	9	significant	significant	ADJ
hassl-848	478	10	relationship	relationship	NOUN
hassl-848	478	11	between	between	ADP
hassl-848	478	12	these	these	DET
hassl-848	478	13	two	two	NUM
hassl-848	478	14	variables	variable	NOUN
hassl-848	478	15	.	.	PUNCT
hassl-848	479	1	the	the	DET
hassl-848	479	2	result	result	NOUN
hassl-848	479	3	found	find	VERB
hassl-848	479	4	by	by	ADP
hassl-848	479	5	klein	klein	PROPN
hassl-848	479	6	.	.	PUNCT
hassl-848	480	1	(	(	PUNCT
hassl-848	480	2	2002b	2002b	NUM
hassl-848	480	3	)	)	PUNCT
hassl-848	480	4	is	be	AUX
hassl-848	480	5	similar	similar	ADJ
hassl-848	480	6	with	with	ADP
hassl-848	480	7	this	this	DET
hassl-848	480	8	study	study	NOUN
hassl-848	480	9	which	which	PRON
hassl-848	480	10	is	be	AUX
hassl-848	480	11	not	not	PART
hassl-848	480	12	significant	significant	ADJ
hassl-848	480	13	(	(	PUNCT
hassl-848	480	14	0.887	0.887	NUM
hassl-848	480	15	)	)	PUNCT
hassl-848	480	16	and	and	CCONJ
hassl-848	480	17	it	it	PRON
hassl-848	480	18	is	be	AUX
hassl-848	480	19	assumed	assume	VERB
hassl-848	480	20	that	that	SCONJ
hassl-848	480	21	there	there	PRON
hassl-848	480	22	is	be	VERB
hassl-848	480	23	no	no	DET
hassl-848	480	24	significant	significant	ADJ
hassl-848	480	25	correlation	correlation	NOUN
hassl-848	480	26	between	between	ADP
hassl-848	480	27	ibrdc	ibrdc	NOUN
hassl-848	480	28	and	and	CCONJ
hassl-848	480	29	firm	firm	NOUN
hassl-848	480	30	’s	’s	PART
hassl-848	480	31	risk	risk	NOUN
hassl-848	480	32	.	.	PUNCT
hassl-848	481	1	therefore	therefore	ADV
hassl-848	481	2	,	,	PUNCT
hassl-848	481	3	for	for	ADP
hassl-848	481	4	the	the	DET
hassl-848	481	5	purpose	purpose	NOUN
hassl-848	481	6	of	of	ADP
hassl-848	481	7	this	this	DET
hassl-848	481	8	study	study	NOUN
hassl-848	481	9	,	,	PUNCT
hassl-848	481	10	hypothesis	hypothesis	NOUN
hassl-848	481	11	5	5	NUM
hassl-848	481	12	has	have	AUX
hassl-848	481	13	been	be	AUX
hassl-848	481	14	rejected	reject	VERB
hassl-848	481	15	due	due	ADP
hassl-848	481	16	to	to	ADP
hassl-848	481	17	positive	positive	ADJ
hassl-848	481	18	relationship	relationship	NOUN
hassl-848	481	19	from	from	ADP
hassl-848	481	20	the	the	DET
hassl-848	481	21	correlation	correlation	NOUN
hassl-848	481	22	analysis	analysis	NOUN
hassl-848	481	23	conducted	conduct	VERB
hassl-848	481	24	.	.	PUNCT
hassl-848	482	1	the	the	DET
hassl-848	482	2	following	follow	VERB
hassl-848	482	3	table	table	NOUN
hassl-848	482	4	11	11	NUM
hassl-848	482	5	is	be	AUX
hassl-848	482	6	the	the	DET
hassl-848	482	7	summary	summary	NOUN
hassl-848	482	8	of	of	ADP
hassl-848	482	9	the	the	DET
hassl-848	482	10	result	result	NOUN
hassl-848	482	11	gathered	gather	VERB
hassl-848	482	12	from	from	ADP
hassl-848	482	13	correlation	correlation	NOUN
hassl-848	482	14	analysis	analysis	NOUN
hassl-848	482	15	and	and	CCONJ
hassl-848	482	16	supported	support	VERB
hassl-848	482	17	articles	article	NOUN
hassl-848	482	18	in	in	ADP
hassl-848	482	19	this	this	DET
hassl-848	482	20	study	study	NOUN
hassl-848	482	21	.	.	PUNCT
hassl-848	483	1	table-11	table-11	PROPN
hassl-848	483	2	.	.	PROPN
hassl-848	483	3	summary	summary	NOUN
hassl-848	483	4	of	of	ADP
hassl-848	483	5	the	the	DET
hassl-848	483	6	result	result	NOUN
hassl-848	483	7	from	from	ADP
hassl-848	483	8	correlation	correlation	NOUN
hassl-848	483	9	analysis	analysis	NOUN
hassl-848	483	10	.	.	PUNCT
hassl-848	484	1	hypotheses	hypothesis	NOUN
hassl-848	484	2	result	result	VERB
hassl-848	484	3	from	from	ADP
hassl-848	484	4	correlation	correlation	NOUN
hassl-848	484	5	analysis	analysis	NOUN
hassl-848	484	6	h1	h1	NOUN
hassl-848	484	7	:	:	PUNCT
hassl-848	484	8	there	there	PRON
hassl-848	484	9	is	be	VERB
hassl-848	484	10	a	a	DET
hassl-848	484	11	negative	negative	ADJ
hassl-848	484	12	relationship	relationship	NOUN
hassl-848	484	13	between	between	ADP
hassl-848	484	14	the	the	DET
hassl-848	484	15	proportion	proportion	NOUN
hassl-848	484	16	of	of	ADP
hassl-848	484	17	board	board	NOUN
hassl-848	484	18	independence	independence	NOUN
hassl-848	484	19	and	and	CCONJ
hassl-848	484	20	firm	firm	ADJ
hassl-848	484	21	risk	risk	NOUN
hassl-848	484	22	.	.	PUNCT
hassl-848	485	1	negative	negative	ADJ
hassl-848	485	2	relationship	relationship	NOUN
hassl-848	485	3	/	/	SYM
hassl-848	485	4	not	not	PART
hassl-848	485	5	significant	significant	ADJ
hassl-848	485	6	h2	h2	NOUN
hassl-848	485	7	:	:	PUNCT
hassl-848	485	8	there	there	PRON
hassl-848	485	9	is	be	VERB
hassl-848	485	10	a	a	DET
hassl-848	485	11	negative	negative	ADJ
hassl-848	485	12	relationship	relationship	NOUN
hassl-848	485	13	between	between	ADP
hassl-848	485	14	small	small	ADJ
hassl-848	485	15	board	board	NOUN
hassl-848	485	16	size	size	NOUN
hassl-848	485	17	and	and	CCONJ
hassl-848	485	18	firm	firm	ADJ
hassl-848	485	19	risk	risk	NOUN
hassl-848	485	20	.	.	PUNCT
hassl-848	486	1	negative	negative	ADJ
hassl-848	486	2	relationship	relationship	NOUN
hassl-848	486	3	/	/	SYM
hassl-848	486	4	not	not	PART
hassl-848	486	5	significant	significant	ADJ
hassl-848	486	6	h3	h3	NOUN
hassl-848	486	7	:	:	PUNCT
hassl-848	486	8	there	there	PRON
hassl-848	486	9	is	be	VERB
hassl-848	486	10	a	a	DET
hassl-848	486	11	positive	positive	ADJ
hassl-848	486	12	relationship	relationship	NOUN
hassl-848	486	13	between	between	ADP
hassl-848	486	14	ceo	ceo	NOUN
hassl-848	486	15	duality	duality	NOUN
hassl-848	486	16	and	and	CCONJ
hassl-848	486	17	firm	firm	ADJ
hassl-848	486	18	risk	risk	NOUN
hassl-848	486	19	.	.	PUNCT
hassl-848	487	1	negative	negative	ADJ
hassl-848	487	2	relationship	relationship	NOUN
hassl-848	487	3	/	/	SYM
hassl-848	487	4	not	not	PART
hassl-848	487	5	significant	significant	ADJ
hassl-848	487	6	h4	h4	NOUN
hassl-848	487	7	:	:	PUNCT
hassl-848	487	8	there	there	PRON
hassl-848	487	9	is	be	VERB
hassl-848	487	10	a	a	DET
hassl-848	487	11	negative	negative	ADJ
hassl-848	487	12	relationship	relationship	NOUN
hassl-848	487	13	between	between	ADP
hassl-848	487	14	the	the	DET
hassl-848	487	15	existences	existence	NOUN
hassl-848	487	16	of	of	ADP
hassl-848	487	17	audit	audit	NOUN
hassl-848	487	18	and	and	CCONJ
hassl-848	487	19	nomination	nomination	NOUN
hassl-848	487	20	or	or	CCONJ
hassl-848	487	21	remuneration	remuneration	NOUN
hassl-848	487	22	committee	committee	NOUN
hassl-848	487	23	with	with	ADP
hassl-848	487	24	firm	firm	ADJ
hassl-848	487	25	risk	risk	NOUN
hassl-848	487	26	.	.	PUNCT
hassl-848	488	1	no	no	DET
hassl-848	488	2	correlation	correlation	NOUN
hassl-848	488	3	h5	h5	NOUN
hassl-848	488	4	:	:	PUNCT
hassl-848	488	5	there	there	PRON
hassl-848	488	6	is	be	VERB
hassl-848	488	7	a	a	DET
hassl-848	488	8	negative	negative	ADJ
hassl-848	488	9	relationship	relationship	NOUN
hassl-848	488	10	between	between	ADP
hassl-848	488	11	the	the	DET
hassl-848	488	12	proportion	proportion	NOUN
hassl-848	488	13	of	of	ADP
hassl-848	488	14	board	board	NOUN
hassl-848	488	15	independence	independence	NOUN
hassl-848	488	16	on	on	ADP
hassl-848	488	17	the	the	DET
hassl-848	488	18	audit	audit	NOUN
hassl-848	488	19	committee	committee	NOUN
hassl-848	488	20	and	and	CCONJ
hassl-848	488	21	firm	firm	ADJ
hassl-848	488	22	risk	risk	NOUN
hassl-848	488	23	.	.	PUNCT
hassl-848	489	1	positive	positive	ADJ
hassl-848	489	2	relationship	relationship	NOUN
hassl-848	489	3	/	/	SYM
hassl-848	489	4	significant	significant	ADJ
hassl-848	489	5	humanities	humanity	NOUN
hassl-848	489	6	and	and	CCONJ
hassl-848	489	7	social	social	ADJ
hassl-848	489	8	sciences	science	NOUN
hassl-848	489	9	letters	letter	NOUN
hassl-848	489	10	,	,	PUNCT
hassl-848	489	11	2020	2020	NUM
hassl-848	489	12	,	,	PUNCT
hassl-848	489	13	8(2	8(2	NUM
hassl-848	489	14	):	):	PUNCT
hassl-848	489	15	169	169	NUM
hassl-848	489	16	-	-	SYM
hassl-848	489	17	193	193	NUM
hassl-848	489	18	185	185	NUM
hassl-848	489	19	©	©	PROPN
hassl-848	489	20	2020	2020	NUM
hassl-848	489	21	conscientia	conscientia	PROPN
hassl-848	489	22	beam	beam	PROPN
hassl-848	489	23	.	.	PUNCT
hassl-848	490	1	all	all	DET
hassl-848	490	2	rights	right	NOUN
hassl-848	490	3	reserved	reserve	VERB
hassl-848	490	4	.	.	PUNCT
hassl-848	491	1	5.6	5.6	NUM
hassl-848	491	2	.	.	PUNCT
hassl-848	491	3	multiple	multiple	ADJ
hassl-848	491	4	regression	regression	NOUN
hassl-848	491	5	multiple	multiple	ADJ
hassl-848	491	6	regression	regression	NOUN
hassl-848	491	7	analysis	analysis	NOUN
hassl-848	491	8	is	be	AUX
hassl-848	491	9	the	the	DET
hassl-848	491	10	most	most	ADV
hassl-848	491	11	widely	widely	ADV
hassl-848	491	12	used	use	VERB
hassl-848	491	13	in	in	ADP
hassl-848	491	14	the	the	DET
hassl-848	491	15	linear	linear	ADJ
hassl-848	491	16	regression	regression	NOUN
hassl-848	491	17	analysis	analysis	NOUN
hassl-848	491	18	(	(	PUNCT
hassl-848	491	19	mason	mason	PROPN
hassl-848	491	20	&	&	CCONJ
hassl-848	491	21	jr	jr	PROPN
hassl-848	491	22	,	,	PUNCT
hassl-848	491	23	1991	1991	NUM
hassl-848	491	24	)	)	PUNCT
hassl-848	491	25	.	.	PUNCT
hassl-848	492	1	as	as	ADP
hassl-848	492	2	a	a	DET
hassl-848	492	3	predictive	predictive	ADJ
hassl-848	492	4	analysis	analysis	NOUN
hassl-848	492	5	,	,	PUNCT
hassl-848	492	6	the	the	DET
hassl-848	492	7	multiple	multiple	ADJ
hassl-848	492	8	regression	regression	NOUN
hassl-848	492	9	is	be	AUX
hassl-848	492	10	used	use	VERB
hassl-848	492	11	to	to	PART
hassl-848	492	12	describe	describe	VERB
hassl-848	492	13	and	and	CCONJ
hassl-848	492	14	explain	explain	VERB
hassl-848	492	15	further	far	ADV
hassl-848	492	16	on	on	ADP
hassl-848	492	17	the	the	DET
hassl-848	492	18	relationship	relationship	NOUN
hassl-848	492	19	between	between	ADP
hassl-848	492	20	one	one	NUM
hassl-848	492	21	dependent	dependent	ADJ
hassl-848	492	22	variable	variable	NOUN
hassl-848	492	23	and	and	CCONJ
hassl-848	492	24	two	two	NUM
hassl-848	492	25	or	or	CCONJ
hassl-848	492	26	more	more	ADV
hassl-848	492	27	independent	independent	ADJ
hassl-848	492	28	variables	variable	NOUN
hassl-848	492	29	.	.	PUNCT
hassl-848	493	1	the	the	DET
hassl-848	493	2	multiple	multiple	ADJ
hassl-848	493	3	regression	regression	NOUN
hassl-848	493	4	analysis	analysis	NOUN
hassl-848	493	5	of	of	ADP
hassl-848	493	6	this	this	DET
hassl-848	493	7	study	study	NOUN
hassl-848	493	8	employs	employ	VERB
hassl-848	493	9	the	the	DET
hassl-848	493	10	following	follow	VERB
hassl-848	493	11	model	model	NOUN
hassl-848	493	12	:	:	PUNCT
hassl-848	493	13	firm	firm	NOUN
hassl-848	493	14	’s	’s	PART
hassl-848	493	15	risk	risk	NOUN
hassl-848	494	1	=	=	PUNCT
hassl-848	494	2	β0	β0	PROPN
hassl-848	495	1	+	+	CCONJ
hassl-848	495	2	β1indbrd	β1indbrd	PROPN
hassl-848	496	1	+	+	CCONJ
hassl-848	496	2	β2ibrdc	β2ibrdc	NOUN
hassl-848	497	1	+	+	CCONJ
hassl-848	497	2	β3brdsize	β3brdsize	NOUN
hassl-848	497	3	+	+	CCONJ
hassl-848	497	4	β4cdual	β4cdual	ADJ
hassl-848	497	5	+	+	CCONJ
hassl-848	497	6	β5asize	β5asize	NOUN
hassl-848	497	7	+	+	CCONJ
hassl-848	497	8	ε	ε	X
hassl-848	497	9	where	where	SCONJ
hassl-848	497	10	:	:	PUNCT
hassl-848	497	11	firm	firm	NOUN
hassl-848	497	12	’s	’s	PART
hassl-848	497	13	risk	risk	NOUN
hassl-848	497	14	=	=	NOUN
hassl-848	497	15	risk	risk	NOUN
hassl-848	497	16	of	of	ADP
hassl-848	497	17	the	the	DET
hassl-848	497	18	firm	firm	NOUN
hassl-848	497	19	measured	measure	VERB
hassl-848	497	20	by	by	ADP
hassl-848	497	21	cost	cost	NOUN
hassl-848	497	22	of	of	ADP
hassl-848	497	23	equity	equity	NOUN
hassl-848	497	24	capital	capital	NOUN
hassl-848	497	25	βn	βn	PUNCT
hassl-848	498	1	=	=	PUNCT
hassl-848	498	2	the	the	DET
hassl-848	498	3	slope	slope	NOUN
hassl-848	498	4	of	of	ADP
hassl-848	498	5	independent	independent	ADJ
hassl-848	498	6	variable	variable	ADJ
hassl-848	498	7	ε	ε	PROPN
hassl-848	498	8	=	=	PRON
hassl-848	498	9	represents	represent	VERB
hassl-848	498	10	error	error	NOUN
hassl-848	498	11	term	term	NOUN
hassl-848	498	12	for	for	ADP
hassl-848	498	13	the	the	DET
hassl-848	498	14	relationship	relationship	NOUN
hassl-848	498	15	below	below	ADV
hassl-848	498	16	are	be	AUX
hassl-848	498	17	the	the	DET
hassl-848	498	18	results	result	NOUN
hassl-848	498	19	gathered	gather	VERB
hassl-848	498	20	from	from	ADP
hassl-848	498	21	multiple	multiple	ADJ
hassl-848	498	22	regression	regression	NOUN
hassl-848	498	23	analysis	analysis	NOUN
hassl-848	498	24	conducted	conduct	VERB
hassl-848	498	25	among	among	ADP
hassl-848	498	26	the	the	DET
hassl-848	498	27	dependent	dependent	ADJ
hassl-848	498	28	and	and	CCONJ
hassl-848	498	29	independent	independent	ADJ
hassl-848	498	30	variables	variable	NOUN
hassl-848	498	31	.	.	PUNCT
hassl-848	499	1	table	table	NOUN
hassl-848	499	2	12	12	NUM
hassl-848	499	3	show	show	VERB
hassl-848	499	4	the	the	DET
hassl-848	499	5	correlation	correlation	NOUN
hassl-848	499	6	between	between	ADP
hassl-848	499	7	the	the	DET
hassl-848	499	8	predicted	predict	VERB
hassl-848	499	9	and	and	CCONJ
hassl-848	499	10	observed	observed	ADJ
hassl-848	499	11	values	value	NOUN
hassl-848	499	12	of	of	ADP
hassl-848	499	13	the	the	DET
hassl-848	499	14	outcome	outcome	NOUN
hassl-848	499	15	.	.	PUNCT
hassl-848	500	1	the	the	DET
hassl-848	500	2	large	large	ADJ
hassl-848	500	3	value	value	NOUN
hassl-848	500	4	represents	represent	VERB
hassl-848	500	5	the	the	DET
hassl-848	500	6	large	large	ADJ
hassl-848	500	7	correlation	correlation	NOUN
hassl-848	500	8	.	.	PUNCT
hassl-848	501	1	table-12	table-12	NOUN
hassl-848	501	2	.	.	PROPN
hassl-848	501	3	multiple	multiple	ADJ
hassl-848	501	4	regression	regression	NOUN
hassl-848	501	5	analysis	analysis	NOUN
hassl-848	501	6	.	.	PUNCT
hassl-848	502	1	variables	variable	NOUN
hassl-848	502	2	standardized	standardize	VERB
hassl-848	502	3	coefficients	coefficient	NOUN
hassl-848	502	4	beta	beta	PROPN
hassl-848	502	5	t	t	PROPN
hassl-848	502	6	-	-	PUNCT
hassl-848	502	7	statistics	statistic	NOUN
hassl-848	502	8	sig	sig	NOUN
hassl-848	502	9	.	.	PUNCT
hassl-848	503	1	(	(	PUNCT
hassl-848	503	2	p	p	NOUN
hassl-848	503	3	-	-	PUNCT
hassl-848	503	4	value	value	NOUN
hassl-848	503	5	)	)	PUNCT
hassl-848	503	6	constant	constant	ADJ
hassl-848	503	7	1.110	1.110	NUM
hassl-848	503	8	.267	.267	NUM
hassl-848	503	9	indbrd	indbrd	PROPN
hassl-848	503	10	-.041	-.041	PROPN
hassl-848	503	11	-.945	-.945	PROPN
hassl-848	503	12	.345	.345	NUM
hassl-848	503	13	ibrdc	ibrdc	NOUN
hassl-848	503	14	.110	.110	NUM
hassl-848	503	15	2.992	2.992	NUM
hassl-848	503	16	.003	.003	NUM
hassl-848	503	17	*	*	PUNCT
hassl-848	503	18	*	*	PUNCT
hassl-848	503	19	brdsize	brdsize	PROPN
hassl-848	503	20	.009	.009	NUM
hassl-848	503	21	.253	.253	NUM
hassl-848	503	22	.801	.801	NUM
hassl-848	503	23	cdual	cdual	ADJ
hassl-848	503	24	-.044	-.044	PROPN
hassl-848	503	25	-1.534	-1.534	PROPN
hassl-848	503	26	.125	.125	NUM
hassl-848	503	27	asize	asize	NOUN
hassl-848	503	28	-.028	-.028	PROPN
hassl-848	503	29	-.962	-.962	PROPN
hassl-848	503	30	.336	.336	NUM
hassl-848	503	31	r	r	NOUN
hassl-848	503	32	.104a	.104a	PUNCT
hassl-848	503	33	r	r	PROPN
hassl-848	503	34	square	square	PROPN
hassl-848	503	35	.011	.011	NUM
hassl-848	503	36	adjusted	adjust	VERB
hassl-848	503	37	r	r	NOUN
hassl-848	503	38	square	square	ADJ
hassl-848	503	39	.007	.007	NUM
hassl-848	503	40	note	note	NOUN
hassl-848	503	41	:	:	PUNCT
hassl-848	503	42	a.	a.	NOUN
hassl-848	503	43	dependent	dependent	ADJ
hassl-848	503	44	variable	variable	NOUN
hassl-848	503	45	:	:	PUNCT
hassl-848	503	46	frisk	frisk	NOUN
hassl-848	503	47	.	.	PUNCT
hassl-848	504	1	*	*	PUNCT
hassl-848	504	2	*	*	PUNCT
hassl-848	504	3	correlation	correlation	NOUN
hassl-848	504	4	is	be	AUX
hassl-848	504	5	significant	significant	ADJ
hassl-848	504	6	at	at	ADP
hassl-848	504	7	the	the	DET
hassl-848	504	8	0.01	0.01	NUM
hassl-848	504	9	level	level	NOUN
hassl-848	504	10	(	(	PUNCT
hassl-848	504	11	2	2	NUM
hassl-848	504	12	-	-	PUNCT
hassl-848	504	13	tailed	tailed	ADJ
hassl-848	504	14	)	)	PUNCT
hassl-848	504	15	.	.	PUNCT
hassl-848	505	1	table-13	table-13	PROPN
hassl-848	505	2	.	.	PUNCT
hassl-848	505	3	multiple	multiple	ADJ
hassl-848	505	4	regression	regression	NOUN
hassl-848	505	5	analysis	analysis	NOUN
hassl-848	505	6	(	(	PUNCT
hassl-848	505	7	anova	anova	PROPN
hassl-848	505	8	)	)	PUNCT
hassl-848	505	9	.	.	PUNCT
hassl-848	506	1	anovaa	anovaa	PROPN
hassl-848	506	2	model	model	PROPN
hassl-848	506	3	sum	sum	PROPN
hassl-848	506	4	of	of	ADP
hassl-848	506	5	squares	square	NOUN
hassl-848	506	6	df	df	PROPN
hassl-848	506	7	mean	mean	PROPN
hassl-848	506	8	square	square	PROPN
hassl-848	506	9	f	f	PROPN
hassl-848	506	10	sig	sig	PROPN
hassl-848	506	11	.	.	PROPN
hassl-848	506	12	1	1	NUM
hassl-848	506	13	regression	regression	VERB
hassl-848	506	14	282.721	282.721	NUM
hassl-848	506	15	5	5	NUM
hassl-848	506	16	56.544	56.544	NUM
hassl-848	506	17	2.628	2.628	NUM
hassl-848	506	18	.023b	.023b	PROPN
hassl-848	506	19	residual	residual	ADJ
hassl-848	506	20	25866.448	25866.448	NUM
hassl-848	506	21	1202	1202	NUM
hassl-848	506	22	21.520	21.520	NUM
hassl-848	506	23	total	total	ADJ
hassl-848	506	24	26149.169	26149.169	NUM
hassl-848	506	25	1207	1207	NUM
hassl-848	506	26	note	note	VERB
hassl-848	506	27	a.	a.	NOUN
hassl-848	506	28	dependent	dependent	ADJ
hassl-848	506	29	variable	variable	NOUN
hassl-848	506	30	:	:	PUNCT
hassl-848	506	31	frisk	frisk	NOUN
hassl-848	506	32	.	.	PUNCT
hassl-848	507	1	b.	b.	PROPN
hassl-848	507	2	predictors	predictor	NOUN
hassl-848	507	3	:	:	PUNCT
hassl-848	507	4	(	(	PUNCT
hassl-848	507	5	constant	constant	ADJ
hassl-848	507	6	)	)	PUNCT
hassl-848	507	7	,	,	PUNCT
hassl-848	507	8	asize	asize	NOUN
hassl-848	507	9	,	,	PUNCT
hassl-848	507	10	ibrdc	ibrdc	NOUN
hassl-848	507	11	,	,	PUNCT
hassl-848	507	12	cdual	cdual	ADJ
hassl-848	507	13	,	,	PUNCT
hassl-848	507	14	brdsize	brdsize	NOUN
hassl-848	507	15	and	and	CCONJ
hassl-848	507	16	indbrd	indbrd	NOUN
hassl-848	507	17	.	.	PUNCT
hassl-848	508	1	as	as	SCONJ
hassl-848	508	2	displayed	display	VERB
hassl-848	508	3	in	in	ADP
hassl-848	508	4	the	the	DET
hassl-848	508	5	table	table	NOUN
hassl-848	508	6	12	12	NUM
hassl-848	508	7	,	,	PUNCT
hassl-848	508	8	the	the	DET
hassl-848	508	9	r	r	NOUN
hassl-848	508	10	value	value	NOUN
hassl-848	508	11	is	be	AUX
hassl-848	508	12	0.104	0.104	NUM
hassl-848	508	13	suggesting	suggest	VERB
hassl-848	508	14	a	a	DET
hassl-848	508	15	weak	weak	ADJ
hassl-848	508	16	linear	linear	ADJ
hassl-848	508	17	correlation	correlation	NOUN
hassl-848	508	18	between	between	ADP
hassl-848	508	19	the	the	DET
hassl-848	508	20	predicted	predict	VERB
hassl-848	508	21	and	and	CCONJ
hassl-848	508	22	observed	observed	ADJ
hassl-848	508	23	values	value	NOUN
hassl-848	508	24	of	of	ADP
hassl-848	508	25	outcomes	outcome	NOUN
hassl-848	508	26	.	.	PUNCT
hassl-848	509	1	while	while	SCONJ
hassl-848	509	2	,	,	PUNCT
hassl-848	509	3	r	r	NOUN
hassl-848	509	4	square	square	NOUN
hassl-848	509	5	of	of	ADP
hassl-848	509	6	0.011	0.011	NUM
hassl-848	509	7	indicates	indicate	VERB
hassl-848	509	8	that	that	SCONJ
hassl-848	509	9	1.1	1.1	NUM
hassl-848	509	10	%	%	NOUN
hassl-848	509	11	of	of	ADP
hassl-848	509	12	variation	variation	NOUN
hassl-848	509	13	in	in	ADP
hassl-848	509	14	the	the	DET
hassl-848	509	15	firm	firm	ADJ
hassl-848	509	16	risk	risk	NOUN
hassl-848	509	17	is	be	AUX
hassl-848	509	18	influenced	influence	VERB
hassl-848	509	19	by	by	ADP
hassl-848	509	20	variation	variation	NOUN
hassl-848	509	21	in	in	ADP
hassl-848	509	22	the	the	DET
hassl-848	509	23	independent	independent	ADJ
hassl-848	509	24	variable	variable	NOUN
hassl-848	509	25	.	.	PUNCT
hassl-848	510	1	as	as	SCONJ
hassl-848	510	2	defined	define	VERB
hassl-848	510	3	in	in	ADP
hassl-848	510	4	the	the	DET
hassl-848	510	5	literature	literature	NOUN
hassl-848	510	6	,	,	PUNCT
hassl-848	510	7	r	r	NOUN
hassl-848	510	8	square	square	NOUN
hassl-848	510	9	is	be	AUX
hassl-848	510	10	the	the	DET
hassl-848	510	11	indicator	indicator	NOUN
hassl-848	510	12	that	that	PRON
hassl-848	510	13	shows	show	VERB
hassl-848	510	14	the	the	DET
hassl-848	510	15	amount	amount	NOUN
hassl-848	510	16	of	of	ADP
hassl-848	510	17	variance	variance	NOUN
hassl-848	510	18	explained	explain	VERB
hassl-848	510	19	in	in	ADP
hassl-848	510	20	the	the	DET
hassl-848	510	21	endogenous	endogenous	ADJ
hassl-848	510	22	variable	variable	NOUN
hassl-848	510	23	by	by	ADP
hassl-848	510	24	its	its	PRON
hassl-848	510	25	exogenous	exogenous	ADJ
hassl-848	510	26	variable	variable	NOUN
hassl-848	510	27	.	.	PUNCT
hassl-848	511	1	according	accord	VERB
hassl-848	511	2	to	to	ADP
hassl-848	511	3	hair	hair	NOUN
hassl-848	511	4	,	,	PUNCT
hassl-848	511	5	black	black	ADJ
hassl-848	511	6	,	,	PUNCT
hassl-848	511	7	babin	babin	PROPN
hassl-848	511	8	,	,	PUNCT
hassl-848	511	9	and	and	CCONJ
hassl-848	511	10	anderson	anderson	PROPN
hassl-848	511	11	(	(	PUNCT
hassl-848	511	12	2010	2010	NUM
hassl-848	511	13	)	)	PUNCT
hassl-848	511	14	it	it	PRON
hassl-848	511	15	reflects	reflect	VERB
hassl-848	511	16	the	the	DET
hassl-848	511	17	quality	quality	NOUN
hassl-848	511	18	of	of	ADP
hassl-848	511	19	the	the	DET
hassl-848	511	20	variables	variable	NOUN
hassl-848	511	21	included	include	VERB
hassl-848	511	22	in	in	ADP
hassl-848	511	23	the	the	DET
hassl-848	511	24	model	model	NOUN
hassl-848	511	25	.	.	PUNCT
hassl-848	512	1	however	however	ADV
hassl-848	512	2	,	,	PUNCT
hassl-848	512	3	there	there	PRON
hassl-848	512	4	are	be	VERB
hassl-848	512	5	many	many	ADJ
hassl-848	512	6	criteria	criterion	NOUN
hassl-848	512	7	that	that	PRON
hassl-848	512	8	can	can	AUX
hassl-848	512	9	be	be	AUX
hassl-848	512	10	used	use	VERB
hassl-848	512	11	as	as	ADP
hassl-848	512	12	guidelines	guideline	NOUN
hassl-848	512	13	in	in	ADP
hassl-848	512	14	assessing	assess	VERB
hassl-848	512	15	the	the	DET
hassl-848	512	16	level	level	NOUN
hassl-848	512	17	of	of	ADP
hassl-848	512	18	r	r	NOUN
hassl-848	512	19	square	square	NOUN
hassl-848	512	20	.	.	PUNCT
hassl-848	513	1	the	the	DET
hassl-848	513	2	value	value	NOUN
hassl-848	513	3	for	for	ADP
hassl-848	513	4	adjusted	adjusted	ADJ
hassl-848	513	5	r	r	NOUN
hassl-848	513	6	squared	square	VERB
hassl-848	513	7	is	be	AUX
hassl-848	513	8	relatively	relatively	ADV
hassl-848	513	9	low	low	ADJ
hassl-848	513	10	at	at	ADP
hassl-848	513	11	0.7	0.7	NUM
hassl-848	513	12	%	%	NOUN
hassl-848	513	13	,	,	PUNCT
hassl-848	513	14	signifying	signify	VERB
hassl-848	513	15	that	that	SCONJ
hassl-848	513	16	there	there	PRON
hassl-848	513	17	are	be	VERB
hassl-848	513	18	other	other	ADJ
hassl-848	513	19	variables	variable	NOUN
hassl-848	513	20	that	that	PRON
hassl-848	513	21	may	may	AUX
hassl-848	513	22	explain	explain	VERB
hassl-848	513	23	the	the	DET
hassl-848	513	24	variation	variation	NOUN
hassl-848	513	25	in	in	ADP
hassl-848	513	26	firm	firm	ADJ
hassl-848	513	27	risk	risk	NOUN
hassl-848	513	28	(	(	PUNCT
hassl-848	513	29	atan	atan	PROPN
hassl-848	513	30	,	,	PUNCT
hassl-848	513	31	maruhun	maruhun	PROPN
hassl-848	513	32	,	,	PUNCT
hassl-848	513	33	abdul	abdul	PROPN
hassl-848	513	34	,	,	PUNCT
hassl-848	513	35	&	&	CCONJ
hassl-848	513	36	jusoff	jusoff	NOUN
hassl-848	513	37	,	,	PUNCT
hassl-848	513	38	2010	2010	NUM
hassl-848	513	39	)	)	PUNCT
hassl-848	513	40	.	.	PUNCT
hassl-848	514	1	for	for	ADP
hassl-848	514	2	instance	instance	NOUN
hassl-848	514	3	,	,	PUNCT
hassl-848	514	4	cohen	cohen	PROPN
hassl-848	514	5	(	(	PUNCT
hassl-848	514	6	1988	1988	NUM
hassl-848	514	7	)	)	PUNCT
hassl-848	514	8	criterion	criterion	NOUN
hassl-848	514	9	state	state	NOUN
hassl-848	514	10	that	that	SCONJ
hassl-848	514	11	r	r	NOUN
hassl-848	514	12	square	square	ADJ
hassl-848	514	13	value	value	NOUN
hassl-848	514	14	equal	equal	ADJ
hassl-848	514	15	0.26	0.26	NUM
hassl-848	514	16	or	or	CCONJ
hassl-848	514	17	more	more	ADJ
hassl-848	514	18	is	be	AUX
hassl-848	514	19	considered	consider	VERB
hassl-848	514	20	substantial	substantial	ADJ
hassl-848	514	21	,	,	PUNCT
hassl-848	514	22	0.13	0.13	NUM
hassl-848	514	23	moderate	moderate	ADJ
hassl-848	514	24	,	,	PUNCT
hassl-848	514	25	and	and	CCONJ
hassl-848	514	26	0.02	0.02	NUM
hassl-848	514	27	weak	weak	ADJ
hassl-848	514	28	.	.	PUNCT
hassl-848	515	1	hence	hence	ADV
hassl-848	515	2	,	,	PUNCT
hassl-848	515	3	in	in	ADP
hassl-848	515	4	this	this	DET
hassl-848	515	5	study	study	NOUN
hassl-848	515	6	,	,	PUNCT
hassl-848	515	7	the	the	DET
hassl-848	515	8	result	result	NOUN
hassl-848	515	9	show	show	VERB
hassl-848	515	10	a	a	DET
hassl-848	515	11	weak	weak	ADJ
hassl-848	515	12	result	result	NOUN
hassl-848	515	13	with	with	ADP
hassl-848	515	14	r2	r2	PROPN
hassl-848	515	15	=	=	PUNCT
hassl-848	515	16	0.11	0.11	NUM
hassl-848	515	17	and	and	CCONJ
hassl-848	515	18	adjusted	adjusted	ADJ
hassl-848	515	19	r2	r2	NOUN
hassl-848	515	20	=	=	NOUN
hassl-848	515	21	0.07	0.07	NUM
hassl-848	515	22	.	.	PUNCT
hassl-848	516	1	in	in	ADP
hassl-848	516	2	addition	addition	NOUN
hassl-848	516	3	,	,	PUNCT
hassl-848	516	4	table	table	NOUN
hassl-848	516	5	13	13	NUM
hassl-848	516	6	show	show	NOUN
hassl-848	516	7	f	f	NOUN
hassl-848	516	8	value	value	NOUN
hassl-848	516	9	of	of	ADP
hassl-848	516	10	2.628	2.628	NUM
hassl-848	516	11	,	,	PUNCT
hassl-848	516	12	sig	sig	NOUN
hassl-848	516	13	=	=	NOUN
hassl-848	516	14	.023	.023	NUM
hassl-848	516	15	.	.	PUNCT
hassl-848	517	1	the	the	DET
hassl-848	517	2	reason	reason	NOUN
hassl-848	517	3	for	for	ADP
hassl-848	517	4	a	a	DET
hassl-848	517	5	poor	poor	ADJ
hassl-848	517	6	fit	fit	NOUN
hassl-848	517	7	to	to	ADP
hassl-848	517	8	the	the	DET
hassl-848	517	9	data	datum	NOUN
hassl-848	517	10	and	and	CCONJ
hassl-848	517	11	associated	associate	VERB
hassl-848	517	12	to	to	ADP
hassl-848	517	13	low	low	ADJ
hassl-848	517	14	adjusted	adjust	VERB
hassl-848	517	15	r	r	NOUN
hassl-848	517	16	squared	square	VERB
hassl-848	517	17	is	be	AUX
hassl-848	517	18	that	that	SCONJ
hassl-848	517	19	there	there	PRON
hassl-848	517	20	are	be	VERB
hassl-848	517	21	critical	critical	ADJ
hassl-848	517	22	variables	variable	NOUN
hassl-848	517	23	that	that	PRON
hassl-848	517	24	have	have	AUX
hassl-848	517	25	not	not	PART
hassl-848	517	26	been	be	AUX
hassl-848	517	27	included	include	VERB
hassl-848	517	28	in	in	ADP
hassl-848	517	29	the	the	DET
hassl-848	517	30	model	model	NOUN
hassl-848	517	31	.	.	PUNCT
hassl-848	518	1	another	another	DET
hassl-848	518	2	reason	reason	NOUN
hassl-848	518	3	for	for	ADP
hassl-848	518	4	a	a	DET
hassl-848	518	5	low	low	ADJ
hassl-848	518	6	adjusted	adjust	VERB
hassl-848	518	7	r	r	NOUN
hassl-848	518	8	squared	square	VERB
hassl-848	518	9	value	value	NOUN
hassl-848	518	10	is	be	AUX
hassl-848	518	11	that	that	SCONJ
hassl-848	518	12	wrong	wrong	ADJ
hassl-848	518	13	model	model	NOUN
hassl-848	518	14	was	be	AUX
hassl-848	518	15	fit	fit	ADJ
hassl-848	518	16	to	to	ADP
hassl-848	518	17	the	the	DET
hassl-848	518	18	data	datum	NOUN
hassl-848	518	19	.	.	PUNCT
hassl-848	519	1	if	if	SCONJ
hassl-848	519	2	a	a	DET
hassl-848	519	3	model	model	NOUN
hassl-848	519	4	does	do	AUX
hassl-848	519	5	not	not	PART
hassl-848	519	6	fit	fit	VERB
hassl-848	519	7	the	the	DET
hassl-848	519	8	data	datum	NOUN
hassl-848	519	9	well	well	ADV
hassl-848	519	10	,	,	PUNCT
hassl-848	519	11	thus	thus	ADV
hassl-848	519	12	implications	implication	NOUN
hassl-848	519	13	based	base	VERB
hassl-848	519	14	on	on	ADP
hassl-848	519	15	the	the	DET
hassl-848	519	16	model	model	NOUN
hassl-848	519	17	may	may	AUX
hassl-848	519	18	not	not	PART
hassl-848	519	19	be	be	AUX
hassl-848	519	20	reliable	reliable	ADJ
hassl-848	519	21	.	.	PUNCT
hassl-848	520	1	humanities	humanity	NOUN
hassl-848	520	2	and	and	CCONJ
hassl-848	520	3	social	social	ADJ
hassl-848	520	4	sciences	science	NOUN
hassl-848	520	5	letters	letter	NOUN
hassl-848	520	6	,	,	PUNCT
hassl-848	520	7	2020	2020	NUM
hassl-848	520	8	,	,	PUNCT
hassl-848	520	9	8(2	8(2	NUM
hassl-848	520	10	):	):	PUNCT
hassl-848	520	11	169	169	NUM
hassl-848	520	12	-	-	SYM
hassl-848	520	13	193	193	NUM
hassl-848	520	14	186	186	NUM
hassl-848	520	15	©	©	PROPN
hassl-848	520	16	2020	2020	NUM
hassl-848	520	17	conscientia	conscientia	PROPN
hassl-848	520	18	beam	beam	PROPN
hassl-848	520	19	.	.	PUNCT
hassl-848	521	1	all	all	DET
hassl-848	521	2	rights	right	NOUN
hassl-848	521	3	reserved	reserve	VERB
hassl-848	521	4	.	.	PUNCT
hassl-848	522	1	besides	besides	SCONJ
hassl-848	522	2	that	that	PRON
hassl-848	522	3	,	,	PUNCT
hassl-848	522	4	the	the	DET
hassl-848	522	5	other	other	ADJ
hassl-848	522	6	reasons	reason	NOUN
hassl-848	522	7	that	that	PRON
hassl-848	522	8	can	can	AUX
hassl-848	522	9	cause	cause	VERB
hassl-848	522	10	lack	lack	NOUN
hassl-848	522	11	of	of	ADP
hassl-848	522	12	fit	fit	ADJ
hassl-848	522	13	are	be	AUX
hassl-848	522	14	outliers	outlier	NOUN
hassl-848	522	15	in	in	ADP
hassl-848	522	16	the	the	DET
hassl-848	522	17	data	datum	NOUN
hassl-848	522	18	in	in	ADP
hassl-848	522	19	order	order	NOUN
hassl-848	522	20	to	to	PART
hassl-848	522	21	enhance	enhance	VERB
hassl-848	522	22	normality	normality	NOUN
hassl-848	522	23	of	of	ADP
hassl-848	522	24	the	the	DET
hassl-848	522	25	data	datum	NOUN
hassl-848	522	26	itself	itself	PRON
hassl-848	522	27	.	.	PUNCT
hassl-848	523	1	in	in	ADP
hassl-848	523	2	addition	addition	NOUN
hassl-848	523	3	,	,	PUNCT
hassl-848	523	4	to	to	PART
hassl-848	523	5	support	support	VERB
hassl-848	523	6	this	this	DET
hassl-848	523	7	finding	finding	NOUN
hassl-848	523	8	,	,	PUNCT
hassl-848	523	9	the	the	DET
hassl-848	523	10	result	result	NOUN
hassl-848	523	11	is	be	AUX
hassl-848	523	12	obtained	obtain	VERB
hassl-848	523	13	equivalent	equivalent	ADJ
hassl-848	523	14	to	to	ADP
hassl-848	523	15	reverte	reverte	NOUN
hassl-848	523	16	(	(	PUNCT
hassl-848	523	17	2009	2009	NUM
hassl-848	523	18	)	)	PUNCT
hassl-848	523	19	who	who	PRON
hassl-848	523	20	also	also	ADV
hassl-848	523	21	found	find	VERB
hassl-848	523	22	the	the	DET
hassl-848	523	23	lowest	low	ADJ
hassl-848	523	24	value	value	NOUN
hassl-848	523	25	for	for	ADP
hassl-848	523	26	r	r	NOUN
hassl-848	523	27	square	square	NOUN
hassl-848	523	28	at	at	ADP
hassl-848	523	29	1.16	1.16	NUM
hassl-848	523	30	%	%	NOUN
hassl-848	523	31	for	for	ADP
hassl-848	523	32	model	model	NOUN
hassl-848	523	33	1	1	NUM
hassl-848	523	34	and	and	CCONJ
hassl-848	523	35	0.77	0.77	NUM
hassl-848	523	36	%	%	NOUN
hassl-848	523	37	for	for	ADP
hassl-848	523	38	model	model	NOUN
hassl-848	523	39	2	2	NUM
hassl-848	523	40	.	.	PUNCT
hassl-848	524	1	furthermore	furthermore	ADV
hassl-848	524	2	,	,	PUNCT
hassl-848	524	3	tarraf	tarraf	NOUN
hassl-848	524	4	(	(	PUNCT
hassl-848	524	5	2012	2012	NUM
hassl-848	524	6	)	)	PUNCT
hassl-848	524	7	also	also	ADV
hassl-848	524	8	obtained	obtain	VERB
hassl-848	524	9	adjusted	adjust	VERB
hassl-848	524	10	r	r	NOUN
hassl-848	524	11	square	square	NOUN
hassl-848	524	12	=	=	NOUN
hassl-848	524	13	0.004	0.004	NUM
hassl-848	524	14	which	which	PRON
hassl-848	524	15	considered	consider	VERB
hassl-848	524	16	relatively	relatively	ADV
hassl-848	524	17	low	low	ADJ
hassl-848	524	18	in	in	ADP
hassl-848	524	19	his	his	PRON
hassl-848	524	20	study	study	NOUN
hassl-848	524	21	on	on	ADP
hassl-848	524	22	the	the	DET
hassl-848	524	23	relationship	relationship	NOUN
hassl-848	524	24	among	among	ADP
hassl-848	524	25	corporate	corporate	ADJ
hassl-848	524	26	governance	governance	NOUN
hassl-848	524	27	and	and	CCONJ
hassl-848	524	28	risk	risk	NOUN
hassl-848	524	29	taking	taking	NOUN
hassl-848	524	30	.	.	PUNCT
hassl-848	525	1	tarraf	tarraf	NOUN
hassl-848	525	2	(	(	PUNCT
hassl-848	525	3	2012	2012	NUM
hassl-848	525	4	)	)	PUNCT
hassl-848	525	5	used	use	VERB
hassl-848	525	6	corporate	corporate	ADJ
hassl-848	525	7	governance	governance	NOUN
hassl-848	525	8	factors	factor	NOUN
hassl-848	525	9	such	such	ADJ
hassl-848	525	10	as	as	ADP
hassl-848	525	11	audit	audit	NOUN
hassl-848	525	12	,	,	PUNCT
hassl-848	525	13	board	board	NOUN
hassl-848	525	14	of	of	ADP
hassl-848	525	15	directors	director	NOUN
hassl-848	525	16	,	,	PUNCT
hassl-848	525	17	charter	charter	NOUN
hassl-848	525	18	/	/	SYM
hassl-848	525	19	bylaws	bylaw	NOUN
hassl-848	525	20	,	,	PUNCT
hassl-848	525	21	director	director	NOUN
hassl-848	525	22	education	education	NOUN
hassl-848	525	23	,	,	PUNCT
hassl-848	525	24	executive	executive	NOUN
hassl-848	525	25	and	and	CCONJ
hassl-848	525	26	director	director	NOUN
hassl-848	525	27	compensation	compensation	NOUN
hassl-848	525	28	,	,	PUNCT
hassl-848	525	29	ownership	ownership	NOUN
hassl-848	525	30	,	,	PUNCT
hassl-848	525	31	progressive	progressive	ADJ
hassl-848	525	32	practices	practice	NOUN
hassl-848	525	33	,	,	PUNCT
hassl-848	525	34	and	and	CCONJ
hassl-848	525	35	state	state	NOUN
hassl-848	525	36	of	of	ADP
hassl-848	525	37	incorporation	incorporation	NOUN
hassl-848	525	38	as	as	ADP
hassl-848	525	39	independent	independent	ADJ
hassl-848	525	40	variables	variable	NOUN
hassl-848	525	41	.	.	PUNCT
hassl-848	526	1	thus	thus	ADV
hassl-848	526	2	,	,	PUNCT
hassl-848	526	3	it	it	PRON
hassl-848	526	4	can	can	AUX
hassl-848	526	5	be	be	AUX
hassl-848	526	6	concluded	conclude	VERB
hassl-848	526	7	that	that	SCONJ
hassl-848	526	8	the	the	DET
hassl-848	526	9	model	model	NOUN
hassl-848	526	10	from	from	ADP
hassl-848	526	11	previous	previous	ADJ
hassl-848	526	12	study	study	NOUN
hassl-848	526	13	are	be	AUX
hassl-848	526	14	not	not	PART
hassl-848	526	15	fit	fit	ADJ
hassl-848	526	16	and	and	CCONJ
hassl-848	526	17	the	the	DET
hassl-848	526	18	risk	risk	NOUN
hassl-848	526	19	is	be	AUX
hassl-848	526	20	not	not	PART
hassl-848	526	21	significantly	significantly	ADV
hassl-848	526	22	influenced	influence	VERB
hassl-848	526	23	the	the	DET
hassl-848	526	24	corporate	corporate	ADJ
hassl-848	526	25	governance	governance	NOUN
hassl-848	526	26	mechanism	mechanism	NOUN
hassl-848	526	27	.	.	PUNCT
hassl-848	527	1	however	however	ADV
hassl-848	527	2	,	,	PUNCT
hassl-848	527	3	there	there	PRON
hassl-848	527	4	are	be	VERB
hassl-848	527	5	studies	study	NOUN
hassl-848	527	6	that	that	PRON
hassl-848	527	7	shows	show	VERB
hassl-848	527	8	strong	strong	ADJ
hassl-848	527	9	relationship	relationship	NOUN
hassl-848	527	10	which	which	PRON
hassl-848	527	11	consist	consist	VERB
hassl-848	527	12	of	of	ADP
hassl-848	527	13	high	high	ADJ
hassl-848	527	14	value	value	NOUN
hassl-848	527	15	of	of	ADP
hassl-848	527	16	adjusted	adjust	VERB
hassl-848	527	17	r	r	NOUN
hassl-848	527	18	squared	square	VERB
hassl-848	527	19	of	of	ADP
hassl-848	527	20	0.740	0.740	NUM
hassl-848	527	21	such	such	ADJ
hassl-848	527	22	as	as	ADP
hassl-848	527	23	bozec	bozec	ADJ
hassl-848	527	24	.	.	PUNCT
hassl-848	528	1	and	and	CCONJ
hassl-848	528	2	bozec	bozec	ADJ
hassl-848	528	3	(	(	PUNCT
hassl-848	528	4	2011	2011	NUM
hassl-848	528	5	)	)	PUNCT
hassl-848	528	6	and	and	CCONJ
hassl-848	528	7	singhal	singhal	PROPN
hassl-848	528	8	(	(	PUNCT
hassl-848	528	9	2014	2014	NUM
hassl-848	528	10	)	)	PUNCT
hassl-848	528	11	and	and	CCONJ
hassl-848	528	12	it	it	PRON
hassl-848	528	13	is	be	AUX
hassl-848	528	14	considered	consider	VERB
hassl-848	528	15	as	as	ADP
hassl-848	528	16	fit	fit	ADJ
hassl-848	528	17	model	model	NOUN
hassl-848	528	18	in	in	ADP
hassl-848	528	19	their	their	PRON
hassl-848	528	20	research	research	NOUN
hassl-848	528	21	.	.	PUNCT
hassl-848	529	1	due	due	ADP
hassl-848	529	2	to	to	ADP
hassl-848	529	3	inconsistency	inconsistency	NOUN
hassl-848	529	4	of	of	ADP
hassl-848	529	5	the	the	DET
hassl-848	529	6	result	result	NOUN
hassl-848	529	7	from	from	ADP
hassl-848	529	8	previous	previous	ADJ
hassl-848	529	9	studies	study	NOUN
hassl-848	529	10	regarding	regard	VERB
hassl-848	529	11	the	the	DET
hassl-848	529	12	relationship	relationship	NOUN
hassl-848	529	13	and	and	CCONJ
hassl-848	529	14	model	model	NOUN
hassl-848	529	15	between	between	ADP
hassl-848	529	16	corporate	corporate	ADJ
hassl-848	529	17	governance	governance	NOUN
hassl-848	529	18	and	and	CCONJ
hassl-848	529	19	firm	firm	ADJ
hassl-848	529	20	risk	risk	NOUN
hassl-848	529	21	,	,	PUNCT
hassl-848	529	22	this	this	DET
hassl-848	529	23	study	study	NOUN
hassl-848	529	24	has	have	AUX
hassl-848	529	25	confirmed	confirm	VERB
hassl-848	529	26	that	that	SCONJ
hassl-848	529	27	the	the	DET
hassl-848	529	28	result	result	NOUN
hassl-848	529	29	of	of	ADP
hassl-848	529	30	this	this	DET
hassl-848	529	31	model	model	NOUN
hassl-848	529	32	is	be	AUX
hassl-848	529	33	not	not	PART
hassl-848	529	34	fit	fit	ADJ
hassl-848	529	35	as	as	SCONJ
hassl-848	529	36	it	it	PRON
hassl-848	529	37	provides	provide	VERB
hassl-848	529	38	low	low	ADJ
hassl-848	529	39	relationship	relationship	NOUN
hassl-848	529	40	.	.	PUNCT
hassl-848	530	1	hence	hence	ADV
hassl-848	530	2	,	,	PUNCT
hassl-848	530	3	in	in	ADP
hassl-848	530	4	this	this	DET
hassl-848	530	5	study	study	NOUN
hassl-848	530	6	,	,	PUNCT
hassl-848	530	7	researcher	researcher	NOUN
hassl-848	530	8	is	be	AUX
hassl-848	530	9	testing	test	VERB
hassl-848	530	10	the	the	DET
hassl-848	530	11	model	model	NOUN
hassl-848	530	12	which	which	PRON
hassl-848	530	13	has	have	AUX
hassl-848	530	14	been	be	AUX
hassl-848	530	15	used	use	VERB
hassl-848	530	16	from	from	ADP
hassl-848	530	17	previous	previous	ADJ
hassl-848	530	18	study	study	NOUN
hassl-848	530	19	and	and	CCONJ
hassl-848	530	20	there	there	PRON
hassl-848	530	21	is	be	VERB
hassl-848	530	22	study	study	NOUN
hassl-848	530	23	that	that	PRON
hassl-848	530	24	resulted	result	VERB
hassl-848	530	25	low	low	ADJ
hassl-848	530	26	r	r	NOUN
hassl-848	530	27	value	value	NOUN
hassl-848	530	28	.	.	PUNCT
hassl-848	531	1	then	then	ADV
hassl-848	531	2	,	,	PUNCT
hassl-848	531	3	this	this	PRON
hassl-848	531	4	will	will	AUX
hassl-848	531	5	be	be	AUX
hassl-848	531	6	considered	consider	VERB
hassl-848	531	7	as	as	ADP
hassl-848	531	8	the	the	DET
hassl-848	531	9	limitation	limitation	NOUN
hassl-848	531	10	of	of	ADP
hassl-848	531	11	the	the	DET
hassl-848	531	12	study	study	NOUN
hassl-848	531	13	.	.	PUNCT
hassl-848	532	1	in	in	ADP
hassl-848	532	2	relation	relation	NOUN
hassl-848	532	3	to	to	ADP
hassl-848	532	4	t	t	NOUN
hassl-848	532	5	value	value	NOUN
hassl-848	532	6	and	and	CCONJ
hassl-848	532	7	significant	significant	ADJ
hassl-848	532	8	value	value	NOUN
hassl-848	532	9	,	,	PUNCT
hassl-848	532	10	table	table	NOUN
hassl-848	532	11	12	12	NUM
hassl-848	532	12	shows	show	VERB
hassl-848	532	13	the	the	DET
hassl-848	532	14	insignificant	insignificant	ADJ
hassl-848	532	15	negative	negative	ADJ
hassl-848	532	16	relationship	relationship	NOUN
hassl-848	532	17	between	between	ADP
hassl-848	532	18	indbrd	indbrd	NOUN
hassl-848	532	19	and	and	CCONJ
hassl-848	532	20	frisk	frisk	NOUN
hassl-848	532	21	whereby	whereby	SCONJ
hassl-848	532	22	the	the	DET
hassl-848	532	23	(	(	PUNCT
hassl-848	532	24	beta	beta	NOUN
hassl-848	532	25	=	=	SYM
hassl-848	532	26	-.041	-.041	PROPN
hassl-848	532	27	,	,	PUNCT
hassl-848	532	28	t	t	NOUN
hassl-848	532	29	=	=	PUNCT
hassl-848	532	30	-.945	-.945	PROPN
hassl-848	532	31	,	,	PUNCT
hassl-848	532	32	p	p	ADJ
hassl-848	532	33	-	-	PUNCT
hassl-848	532	34	value	value	NOUN
hassl-848	532	35	=	=	NOUN
hassl-848	532	36	.0345	.0345	NOUN
hassl-848	532	37	)	)	PUNCT
hassl-848	532	38	.	.	PUNCT
hassl-848	533	1	hence	hence	ADV
hassl-848	533	2	,	,	PUNCT
hassl-848	533	3	the	the	DET
hassl-848	533	4	hypothesis	hypothesis	NOUN
hassl-848	533	5	1	1	NUM
hassl-848	533	6	was	be	AUX
hassl-848	533	7	accepted	accept	VERB
hassl-848	533	8	.	.	PUNCT
hassl-848	534	1	the	the	DET
hassl-848	534	2	result	result	NOUN
hassl-848	534	3	is	be	AUX
hassl-848	534	4	in	in	ADP
hassl-848	534	5	line	line	NOUN
hassl-848	534	6	with	with	ADP
hassl-848	534	7	minton	minton	PROPN
hassl-848	534	8	et	et	PROPN
hassl-848	534	9	al	al	PROPN
hassl-848	534	10	.	.	PROPN
hassl-848	535	1	(	(	PUNCT
hassl-848	535	2	2012	2012	NUM
hassl-848	535	3	)	)	PUNCT
hassl-848	536	1	,	,	PUNCT
hassl-848	536	2	cheng	cheng	PROPN
hassl-848	536	3	et	et	PROPN
hassl-848	536	4	al	al	PROPN
hassl-848	536	5	.	.	PROPN
hassl-848	537	1	(	(	PUNCT
hassl-848	537	2	2016	2016	NUM
hassl-848	537	3	)	)	PUNCT
hassl-848	537	4	,	,	PUNCT
hassl-848	537	5	ni	ni	PROPN
hassl-848	537	6	and	and	CCONJ
hassl-848	537	7	purda	purda	PROPN
hassl-848	537	8	(	(	PUNCT
hassl-848	537	9	2012	2012	NUM
hassl-848	537	10	)	)	PUNCT
hassl-848	537	11	and	and	CCONJ
hassl-848	537	12	nodeh	nodeh	NOUN
hassl-848	537	13	et	et	PROPN
hassl-848	537	14	al	al	PROPN
hassl-848	537	15	.	.	PROPN
hassl-848	538	1	(	(	PUNCT
hassl-848	538	2	2015	2015	NUM
hassl-848	538	3	)	)	PUNCT
hassl-848	538	4	which	which	PRON
hassl-848	538	5	suggested	suggest	VERB
hassl-848	538	6	that	that	SCONJ
hassl-848	538	7	more	more	ADV
hassl-848	538	8	independent	independent	ADJ
hassl-848	538	9	directors	director	NOUN
hassl-848	538	10	would	would	AUX
hassl-848	538	11	enhance	enhance	VERB
hassl-848	538	12	consistent	consistent	ADJ
hassl-848	538	13	and	and	CCONJ
hassl-848	538	14	transparent	transparent	ADJ
hassl-848	538	15	decision	decision	NOUN
hassl-848	538	16	making	make	VERB
hassl-848	538	17	as	as	ADV
hassl-848	538	18	well	well	ADV
hassl-848	538	19	as	as	ADP
hassl-848	538	20	reduce	reduce	VERB
hassl-848	538	21	the	the	DET
hassl-848	538	22	risk	risk	NOUN
hassl-848	538	23	of	of	ADP
hassl-848	538	24	the	the	DET
hassl-848	538	25	firm	firm	NOUN
hassl-848	538	26	.	.	PUNCT
hassl-848	539	1	the	the	DET
hassl-848	539	2	following	following	ADJ
hassl-848	539	3	result	result	NOUN
hassl-848	539	4	for	for	ADP
hassl-848	539	5	brdsize	brdsize	NOUN
hassl-848	539	6	was	be	AUX
hassl-848	539	7	found	find	VERB
hassl-848	539	8	positively	positively	ADV
hassl-848	539	9	influenced	influence	VERB
hassl-848	539	10	the	the	DET
hassl-848	539	11	decision	decision	NOUN
hassl-848	539	12	on	on	ADP
hassl-848	539	13	frisk	frisk	NOUN
hassl-848	539	14	.	.	PUNCT
hassl-848	540	1	however	however	ADV
hassl-848	540	2	,	,	PUNCT
hassl-848	540	3	the	the	DET
hassl-848	540	4	significant	significant	ADJ
hassl-848	540	5	value	value	NOUN
hassl-848	540	6	is	be	AUX
hassl-848	540	7	violate	violate	ADJ
hassl-848	540	8	from	from	ADP
hassl-848	540	9	the	the	DET
hassl-848	540	10	rule	rule	NOUN
hassl-848	540	11	of	of	ADP
hassl-848	540	12	thumb	thumb	NOUN
hassl-848	540	13	p>0.05	p>0.05	NOUN
hassl-848	540	14	.	.	PUNCT
hassl-848	541	1	as	as	SCONJ
hassl-848	541	2	prescribed	prescribe	VERB
hassl-848	541	3	in	in	ADP
hassl-848	541	4	table	table	NOUN
hassl-848	541	5	12	12	NUM
hassl-848	541	6	,	,	PUNCT
hassl-848	541	7	the	the	DET
hassl-848	541	8	result	result	NOUN
hassl-848	541	9	shows	show	VERB
hassl-848	541	10	the	the	DET
hassl-848	541	11	(	(	PUNCT
hassl-848	541	12	beta	beta	NOUN
hassl-848	541	13	=	=	SYM
hassl-848	541	14	.009	.009	NUM
hassl-848	541	15	,	,	PUNCT
hassl-848	541	16	t	t	PROPN
hassl-848	541	17	=	=	SYM
hassl-848	541	18	.253	.253	NUM
hassl-848	541	19	,	,	PUNCT
hassl-848	541	20	p	p	NOUN
hassl-848	541	21	-	-	PUNCT
hassl-848	541	22	value	value	NOUN
hassl-848	541	23	=	=	PUNCT
hassl-848	541	24	.801	.801	NUM
hassl-848	541	25	)	)	PUNCT
hassl-848	541	26	.	.	PUNCT
hassl-848	542	1	the	the	DET
hassl-848	542	2	insignificant	insignificant	ADJ
hassl-848	542	3	relationship	relationship	NOUN
hassl-848	542	4	for	for	ADP
hassl-848	542	5	this	this	DET
hassl-848	542	6	study	study	NOUN
hassl-848	542	7	is	be	AUX
hassl-848	542	8	similar	similar	ADJ
hassl-848	542	9	with	with	ADP
hassl-848	542	10	previous	previous	ADJ
hassl-848	542	11	study	study	NOUN
hassl-848	542	12	,	,	PUNCT
hassl-848	542	13	ji	ji	PROPN
hassl-848	542	14	(	(	PUNCT
hassl-848	542	15	2016	2016	NUM
hassl-848	542	16	)	)	PUNCT
hassl-848	542	17	that	that	SCONJ
hassl-848	542	18	larger	large	ADJ
hassl-848	542	19	size	size	NOUN
hassl-848	542	20	is	be	AUX
hassl-848	542	21	likely	likely	ADJ
hassl-848	542	22	to	to	PART
hassl-848	542	23	mitigate	mitigate	VERB
hassl-848	542	24	sensitivity	sensitivity	NOUN
hassl-848	542	25	of	of	ADP
hassl-848	542	26	cash	cash	NOUN
hassl-848	542	27	flow	flow	NOUN
hassl-848	542	28	by	by	ADP
hassl-848	542	29	reducing	reduce	VERB
hassl-848	542	30	information	information	NOUN
hassl-848	542	31	asymmetry	asymmetry	NOUN
hassl-848	542	32	among	among	ADP
hassl-848	542	33	capital	capital	NOUN
hassl-848	542	34	providers	provider	NOUN
hassl-848	542	35	and	and	CCONJ
hassl-848	542	36	manager	manager	NOUN
hassl-848	542	37	.	.	PUNCT
hassl-848	543	1	thus	thus	ADV
hassl-848	543	2	,	,	PUNCT
hassl-848	543	3	the	the	DET
hassl-848	543	4	hypothesis	hypothesis	NOUN
hassl-848	543	5	2	2	NUM
hassl-848	543	6	was	be	AUX
hassl-848	543	7	rejected	reject	VERB
hassl-848	543	8	since	since	SCONJ
hassl-848	543	9	the	the	DET
hassl-848	543	10	larger	large	ADJ
hassl-848	543	11	board	board	NOUN
hassl-848	543	12	size	size	NOUN
hassl-848	543	13	would	would	AUX
hassl-848	543	14	result	result	VERB
hassl-848	543	15	in	in	ADP
hassl-848	543	16	fewer	few	ADJ
hassl-848	543	17	corporations	corporation	NOUN
hassl-848	543	18	;	;	PUNCT
hassl-848	543	19	increase	increase	VERB
hassl-848	543	20	information	information	NOUN
hassl-848	543	21	costs	cost	NOUN
hassl-848	543	22	and	and	CCONJ
hassl-848	543	23	lead	lead	VERB
hassl-848	543	24	to	to	PART
hassl-848	543	25	increase	increase	VERB
hassl-848	543	26	decision	decision	NOUN
hassl-848	543	27	making	making	NOUN
hassl-848	543	28	time	time	NOUN
hassl-848	543	29	(	(	PUNCT
hassl-848	543	30	yermack	yermack	NOUN
hassl-848	543	31	,	,	PUNCT
hassl-848	543	32	1996	1996	NUM
hassl-848	543	33	)	)	PUNCT
hassl-848	543	34	.	.	PUNCT
hassl-848	544	1	however	however	ADV
hassl-848	544	2	,	,	PUNCT
hassl-848	544	3	according	accord	VERB
hassl-848	544	4	to	to	ADP
hassl-848	544	5	mccg	mccg	PROPN
hassl-848	544	6	2012	2012	NUM
hassl-848	544	7	,	,	PUNCT
hassl-848	544	8	a	a	DET
hassl-848	544	9	small	small	ADJ
hassl-848	544	10	board	board	NOUN
hassl-848	544	11	would	would	AUX
hassl-848	544	12	influence	influence	VERB
hassl-848	544	13	decision	decision	NOUN
hassl-848	544	14	making	making	NOUN
hassl-848	544	15	and	and	CCONJ
hassl-848	544	16	increase	increase	VERB
hassl-848	544	17	transparency	transparency	NOUN
hassl-848	544	18	.	.	PUNCT
hassl-848	545	1	next	next	ADV
hassl-848	545	2	,	,	PUNCT
hassl-848	545	3	the	the	DET
hassl-848	545	4	regression	regression	NOUN
hassl-848	545	5	result	result	NOUN
hassl-848	545	6	for	for	ADP
hassl-848	545	7	company	company	NOUN
hassl-848	545	8	cdual	cdual	NOUN
hassl-848	545	9	has	have	VERB
hassl-848	545	10	negative	negative	ADJ
hassl-848	545	11	influence	influence	NOUN
hassl-848	545	12	on	on	ADP
hassl-848	545	13	the	the	DET
hassl-848	545	14	firm	firm	ADJ
hassl-848	545	15	risk	risk	NOUN
hassl-848	545	16	but	but	CCONJ
hassl-848	545	17	not	not	PART
hassl-848	545	18	significant	significant	ADJ
hassl-848	545	19	between	between	ADP
hassl-848	545	20	both	both	DET
hassl-848	545	21	variables	variable	NOUN
hassl-848	545	22	.	.	PUNCT
hassl-848	546	1	as	as	SCONJ
hassl-848	546	2	exhibited	exhibit	VERB
hassl-848	546	3	in	in	ADP
hassl-848	546	4	table	table	NOUN
hassl-848	546	5	12	12	NUM
hassl-848	546	6	the	the	DET
hassl-848	546	7	result	result	NOUN
hassl-848	546	8	shows	show	VERB
hassl-848	546	9	(	(	PUNCT
hassl-848	546	10	beta	beta	NOUN
hassl-848	546	11	=	=	SYM
hassl-848	546	12	-.044	-.044	PROPN
hassl-848	546	13	,	,	PUNCT
hassl-848	546	14	t	t	NOUN
hassl-848	546	15	=	=	SYM
hassl-848	546	16	-1.534	-1.534	PROPN
hassl-848	546	17	,	,	PUNCT
hassl-848	546	18	p	p	NOUN
hassl-848	546	19	-	-	PUNCT
hassl-848	546	20	value	value	NOUN
hassl-848	546	21	=	=	NOUN
hassl-848	546	22	.125	.125	NUM
hassl-848	546	23	)	)	PUNCT
hassl-848	546	24	.	.	PUNCT
hassl-848	547	1	the	the	DET
hassl-848	547	2	result	result	NOUN
hassl-848	547	3	for	for	ADP
hassl-848	547	4	p	p	NOUN
hassl-848	547	5	-	-	PUNCT
hassl-848	547	6	value	value	NOUN
hassl-848	547	7	is	be	AUX
hassl-848	547	8	0.125	0.125	NUM
hassl-848	547	9	,	,	PUNCT
hassl-848	547	10	which	which	PRON
hassl-848	547	11	is	be	AUX
hassl-848	547	12	not	not	PART
hassl-848	547	13	significant	significant	ADJ
hassl-848	547	14	since	since	SCONJ
hassl-848	547	15	the	the	DET
hassl-848	547	16	value	value	NOUN
hassl-848	547	17	is	be	AUX
hassl-848	547	18	more	more	ADJ
hassl-848	547	19	than	than	ADP
hassl-848	547	20	0.05	0.05	NUM
hassl-848	547	21	.	.	PUNCT
hassl-848	548	1	in	in	ADP
hassl-848	548	2	this	this	DET
hassl-848	548	3	study	study	NOUN
hassl-848	548	4	,	,	PUNCT
hassl-848	548	5	hypothesis	hypothesis	NOUN
hassl-848	548	6	3	3	NUM
hassl-848	548	7	should	should	AUX
hassl-848	548	8	be	be	AUX
hassl-848	548	9	rejected	reject	VERB
hassl-848	548	10	due	due	ADP
hassl-848	548	11	to	to	ADP
hassl-848	548	12	existence	existence	NOUN
hassl-848	548	13	of	of	ADP
hassl-848	548	14	duality	duality	NOUN
hassl-848	548	15	roles	role	NOUN
hassl-848	548	16	in	in	ADP
hassl-848	548	17	the	the	DET
hassl-848	548	18	board	board	NOUN
hassl-848	548	19	.	.	PUNCT
hassl-848	549	1	in	in	ADP
hassl-848	549	2	fact	fact	NOUN
hassl-848	549	3	,	,	PUNCT
hassl-848	549	4	fama	fama	PROPN
hassl-848	549	5	and	and	CCONJ
hassl-848	549	6	jensen	jensen	PROPN
hassl-848	549	7	(	(	PUNCT
hassl-848	549	8	1983	1983	NUM
hassl-848	549	9	)	)	PUNCT
hassl-848	549	10	when	when	SCONJ
hassl-848	549	11	ceo	ceo	NOUN
hassl-848	549	12	duality	duality	NOUN
hassl-848	549	13	exists	exist	VERB
hassl-848	549	14	,	,	PUNCT
hassl-848	549	15	there	there	PRON
hassl-848	549	16	would	would	AUX
hassl-848	549	17	be	be	AUX
hassl-848	549	18	an	an	DET
hassl-848	549	19	absence	absence	NOUN
hassl-848	549	20	of	of	ADP
hassl-848	549	21	separation	separation	NOUN
hassl-848	549	22	of	of	ADP
hassl-848	549	23	decision	decision	NOUN
hassl-848	549	24	making	make	VERB
hassl-848	549	25	and	and	CCONJ
hassl-848	549	26	monitoring	monitor	VERB
hassl-848	549	27	function	function	NOUN
hassl-848	549	28	.	.	PUNCT
hassl-848	550	1	hence	hence	ADV
hassl-848	550	2	,	,	PUNCT
hassl-848	550	3	in	in	ADP
hassl-848	550	4	the	the	DET
hassl-848	550	5	absence	absence	NOUN
hassl-848	550	6	of	of	ADP
hassl-848	550	7	clear	clear	ADJ
hassl-848	550	8	separation	separation	NOUN
hassl-848	550	9	of	of	ADP
hassl-848	550	10	decision	decision	NOUN
hassl-848	550	11	making	make	VERB
hassl-848	550	12	and	and	CCONJ
hassl-848	550	13	monitoring	monitoring	NOUN
hassl-848	550	14	functions	function	NOUN
hassl-848	550	15	,	,	PUNCT
hassl-848	550	16	the	the	DET
hassl-848	550	17	board	board	NOUN
hassl-848	550	18	is	be	AUX
hassl-848	550	19	ineffective	ineffective	ADJ
hassl-848	550	20	caused	cause	VERB
hassl-848	550	21	by	by	ADP
hassl-848	550	22	the	the	DET
hassl-848	550	23	existence	existence	NOUN
hassl-848	550	24	of	of	ADP
hassl-848	550	25	ceo	ceo	NOUN
hassl-848	550	26	dominance	dominance	NOUN
hassl-848	550	27	.	.	PUNCT
hassl-848	551	1	hypothesis	hypothesis	NOUN
hassl-848	551	2	4	4	NUM
hassl-848	551	3	in	in	ADP
hassl-848	551	4	this	this	DET
hassl-848	551	5	study	study	NOUN
hassl-848	551	6	also	also	ADV
hassl-848	551	7	should	should	AUX
hassl-848	551	8	be	be	AUX
hassl-848	551	9	rejected	reject	VERB
hassl-848	551	10	since	since	SCONJ
hassl-848	551	11	earc	earc	PROPN
hassl-848	551	12	used	use	VERB
hassl-848	551	13	dummy	dummy	ADJ
hassl-848	551	14	variable	variable	NOUN
hassl-848	551	15	in	in	ADP
hassl-848	551	16	order	order	NOUN
hassl-848	551	17	to	to	PART
hassl-848	551	18	determine	determine	VERB
hassl-848	551	19	the	the	DET
hassl-848	551	20	existence	existence	NOUN
hassl-848	551	21	of	of	ADP
hassl-848	551	22	audit	audit	NOUN
hassl-848	551	23	committee	committee	NOUN
hassl-848	551	24	and	and	CCONJ
hassl-848	551	25	nomination	nomination	NOUN
hassl-848	551	26	or	or	CCONJ
hassl-848	551	27	remuneration	remuneration	NOUN
hassl-848	551	28	committee	committee	NOUN
hassl-848	551	29	.	.	PUNCT
hassl-848	552	1	referring	refer	VERB
hassl-848	552	2	to	to	ADP
hassl-848	552	3	table	table	NOUN
hassl-848	552	4	8	8	NUM
hassl-848	552	5	before	before	ADP
hassl-848	552	6	this	this	PRON
hassl-848	552	7	,	,	PUNCT
hassl-848	552	8	the	the	DET
hassl-848	552	9	frequency	frequency	NOUN
hassl-848	552	10	table	table	NOUN
hassl-848	552	11	shown	show	VERB
hassl-848	552	12	100	100	NUM
hassl-848	552	13	%	%	NOUN
hassl-848	552	14	of	of	ADP
hassl-848	552	15	sample	sample	NOUN
hassl-848	552	16	firms	firm	NOUN
hassl-848	552	17	have	have	VERB
hassl-848	552	18	both	both	DET
hassl-848	552	19	committees	committee	NOUN
hassl-848	552	20	in	in	ADP
hassl-848	552	21	their	their	PRON
hassl-848	552	22	board	board	NOUN
hassl-848	552	23	.	.	PUNCT
hassl-848	553	1	hence	hence	ADV
hassl-848	553	2	,	,	PUNCT
hassl-848	553	3	hypothesis	hypothesis	NOUN
hassl-848	553	4	4	4	NUM
hassl-848	553	5	also	also	ADV
hassl-848	553	6	been	be	AUX
hassl-848	553	7	rejected	reject	VERB
hassl-848	553	8	.	.	PUNCT
hassl-848	554	1	the	the	DET
hassl-848	554	2	regression	regression	NOUN
hassl-848	554	3	result	result	VERB
hassl-848	554	4	for	for	ADP
hassl-848	554	5	ibrdc	ibrdc	NOUN
hassl-848	554	6	in	in	ADP
hassl-848	554	7	table	table	NOUN
hassl-848	554	8	12	12	NUM
hassl-848	554	9	shows	show	NOUN
hassl-848	554	10	(	(	PUNCT
hassl-848	554	11	beta	beta	NOUN
hassl-848	554	12	=	=	PUNCT
hassl-848	554	13	.110	.110	NUM
hassl-848	554	14	,	,	PUNCT
hassl-848	554	15	t	t	NOUN
hassl-848	554	16	=	=	NUM
hassl-848	554	17	2.992	2.992	NUM
hassl-848	554	18	,	,	PUNCT
hassl-848	554	19	p	p	NOUN
hassl-848	554	20	-	-	PUNCT
hassl-848	554	21	value	value	NOUN
hassl-848	554	22	=	=	SYM
hassl-848	554	23	.003	.003	NUM
hassl-848	554	24	)	)	PUNCT
hassl-848	554	25	indicated	indicate	VERB
hassl-848	554	26	significant	significant	ADJ
hassl-848	554	27	positive	positive	ADJ
hassl-848	554	28	relationship	relationship	NOUN
hassl-848	554	29	between	between	ADP
hassl-848	554	30	ibrdc	ibrdc	NOUN
hassl-848	554	31	and	and	CCONJ
hassl-848	554	32	frisk	frisk	NOUN
hassl-848	554	33	.	.	PUNCT
hassl-848	555	1	hence	hence	ADV
hassl-848	555	2	,	,	PUNCT
hassl-848	555	3	as	as	SCONJ
hassl-848	555	4	the	the	DET
hassl-848	555	5	result	result	NOUN
hassl-848	555	6	posits	posit	VERB
hassl-848	555	7	significant	significant	ADJ
hassl-848	555	8	relationship	relationship	NOUN
hassl-848	555	9	between	between	ADP
hassl-848	555	10	these	these	DET
hassl-848	555	11	two	two	NUM
hassl-848	555	12	variables	variable	NOUN
hassl-848	555	13	,	,	PUNCT
hassl-848	555	14	therefore	therefore	ADV
hassl-848	555	15	the	the	DET
hassl-848	555	16	hypothesis	hypothesis	NOUN
hassl-848	555	17	5	5	NUM
hassl-848	555	18	was	be	AUX
hassl-848	555	19	rejected	reject	VERB
hassl-848	555	20	due	due	ADP
hassl-848	555	21	to	to	ADP
hassl-848	555	22	more	more	ADV
hassl-848	555	23	independent	independent	ADJ
hassl-848	555	24	board	board	PROPN
hassl-848	555	25	committee	committee	NOUN
hassl-848	555	26	lead	lead	VERB
hassl-848	555	27	to	to	ADP
hassl-848	555	28	riskier	risky	ADJ
hassl-848	555	29	of	of	ADP
hassl-848	555	30	firm	firm	ADJ
hassl-848	555	31	risk	risk	NOUN
hassl-848	555	32	.	.	PUNCT
hassl-848	556	1	the	the	DET
hassl-848	556	2	finding	finding	NOUN
hassl-848	556	3	in	in	ADP
hassl-848	556	4	this	this	DET
hassl-848	556	5	study	study	NOUN
hassl-848	556	6	is	be	AUX
hassl-848	556	7	parallel	parallel	ADJ
hassl-848	556	8	with	with	ADP
hassl-848	556	9	reverte	reverte	NOUN
hassl-848	556	10	(	(	PUNCT
hassl-848	556	11	2009	2009	NUM
hassl-848	556	12	)	)	PUNCT
hassl-848	556	13	,	,	PUNCT
hassl-848	556	14	klein	klein	PROPN
hassl-848	556	15	.	.	PUNCT
hassl-848	557	1	(	(	PUNCT
hassl-848	557	2	2002b	2002b	NUM
hassl-848	557	3	)	)	PUNCT
hassl-848	557	4	and	and	CCONJ
hassl-848	557	5	brick	brick	NOUN
hassl-848	557	6	and	and	CCONJ
hassl-848	557	7	chidambaran	chidambaran	NOUN
hassl-848	557	8	(	(	PUNCT
hassl-848	557	9	2005	2005	NUM
hassl-848	557	10	)	)	PUNCT
hassl-848	558	1	whose	whose	DET
hassl-848	558	2	suggested	suggest	VERB
hassl-848	558	3	that	that	SCONJ
hassl-848	558	4	entirely	entirely	ADV
hassl-848	558	5	independent	independent	ADJ
hassl-848	558	6	committee	committee	NOUN
hassl-848	558	7	should	should	AUX
hassl-848	558	8	reduce	reduce	VERB
hassl-848	558	9	earning	earn	VERB
hassl-848	558	10	management	management	NOUN
hassl-848	558	11	and	and	CCONJ
hassl-848	558	12	reduce	reduce	VERB
hassl-848	558	13	firm	firm	ADJ
hassl-848	558	14	risk	risk	NOUN
hassl-848	558	15	.	.	PUNCT
hassl-848	559	1	humanities	humanity	NOUN
hassl-848	559	2	and	and	CCONJ
hassl-848	559	3	social	social	ADJ
hassl-848	559	4	sciences	science	NOUN
hassl-848	559	5	letters	letter	NOUN
hassl-848	559	6	,	,	PUNCT
hassl-848	559	7	2020	2020	NUM
hassl-848	559	8	,	,	PUNCT
hassl-848	559	9	8(2	8(2	NUM
hassl-848	559	10	):	):	PUNCT
hassl-848	559	11	169	169	NUM
hassl-848	559	12	-	-	SYM
hassl-848	559	13	193	193	NUM
hassl-848	559	14	187	187	NUM
hassl-848	559	15	©	©	PROPN
hassl-848	559	16	2020	2020	NUM
hassl-848	559	17	conscientia	conscientia	PROPN
hassl-848	559	18	beam	beam	PROPN
hassl-848	559	19	.	.	PUNCT
hassl-848	560	1	all	all	DET
hassl-848	560	2	rights	right	NOUN
hassl-848	560	3	reserved	reserve	VERB
hassl-848	560	4	.	.	PUNCT
hassl-848	561	1	lastly	lastly	ADV
hassl-848	561	2	,	,	PUNCT
hassl-848	561	3	asize	asize	VERB
hassl-848	561	4	which	which	PRON
hassl-848	561	5	is	be	AUX
hassl-848	561	6	control	control	NOUN
hassl-848	561	7	variable	variable	NOUN
hassl-848	561	8	for	for	ADP
hassl-848	561	9	this	this	DET
hassl-848	561	10	study	study	NOUN
hassl-848	561	11	are	be	AUX
hassl-848	561	12	not	not	PART
hassl-848	561	13	significantly	significantly	ADV
hassl-848	561	14	influence	influence	VERB
hassl-848	561	15	the	the	DET
hassl-848	561	16	risk	risk	NOUN
hassl-848	561	17	disclosure	disclosure	NOUN
hassl-848	561	18	by	by	ADP
hassl-848	561	19	companies	company	NOUN
hassl-848	561	20	.	.	PUNCT
hassl-848	562	1	as	as	SCONJ
hassl-848	562	2	the	the	DET
hassl-848	562	3	result	result	NOUN
hassl-848	562	4	presents	present	VERB
hassl-848	562	5	the	the	DET
hassl-848	562	6	(	(	PUNCT
hassl-848	562	7	beta	beta	NOUN
hassl-848	562	8	=	=	SYM
hassl-848	562	9	-.028	-.028	PROPN
hassl-848	562	10	,	,	PUNCT
hassl-848	562	11	t	t	NOUN
hassl-848	562	12	-	-	PUNCT
hassl-848	562	13	value	value	NOUN
hassl-848	562	14	-.962	-.962	NOUN
hassl-848	562	15	,	,	PUNCT
hassl-848	562	16	p	p	NOUN
hassl-848	562	17	=	=	NOUN
hassl-848	562	18	.336	.336	NUM
hassl-848	562	19	,	,	PUNCT
hassl-848	562	20	)	)	PUNCT
hassl-848	562	21	,	,	PUNCT
hassl-848	562	22	indicated	indicate	VERB
hassl-848	562	23	insignificant	insignificant	ADJ
hassl-848	562	24	negative	negative	ADJ
hassl-848	562	25	relationship	relationship	NOUN
hassl-848	562	26	for	for	ADP
hassl-848	562	27	asset	asset	NOUN
hassl-848	562	28	size	size	NOUN
hassl-848	562	29	and	and	CCONJ
hassl-848	562	30	firm	firm	ADJ
hassl-848	562	31	risk	risk	NOUN
hassl-848	562	32	.	.	PUNCT
hassl-848	563	1	according	accord	VERB
hassl-848	563	2	to	to	ADP
hassl-848	563	3	embong	embong	NOUN
hassl-848	563	4	et	et	PROPN
hassl-848	563	5	al	al	PROPN
hassl-848	563	6	.	.	PROPN
hassl-848	564	1	(	(	PUNCT
hassl-848	564	2	2012	2012	NUM
hassl-848	564	3	)	)	PUNCT
hassl-848	564	4	in	in	ADP
hassl-848	564	5	testing	test	VERB
hassl-848	564	6	the	the	DET
hassl-848	564	7	relationship	relationship	NOUN
hassl-848	564	8	,	,	PUNCT
hassl-848	564	9	this	this	DET
hassl-848	564	10	study	study	NOUN
hassl-848	564	11	included	include	VERB
hassl-848	564	12	size	size	NOUN
hassl-848	564	13	of	of	ADP
hassl-848	564	14	firms	firm	NOUN
hassl-848	564	15	as	as	ADP
hassl-848	564	16	one	one	NUM
hassl-848	564	17	of	of	ADP
hassl-848	564	18	control	control	NOUN
hassl-848	564	19	variables	variable	NOUN
hassl-848	564	20	.	.	PUNCT
hassl-848	565	1	this	this	PRON
hassl-848	565	2	is	be	AUX
hassl-848	565	3	because	because	SCONJ
hassl-848	565	4	size	size	NOUN
hassl-848	565	5	has	have	AUX
hassl-848	565	6	been	be	AUX
hassl-848	565	7	found	find	VERB
hassl-848	565	8	to	to	PART
hassl-848	565	9	influence	influence	VERB
hassl-848	565	10	returns	return	NOUN
hassl-848	565	11	.	.	PUNCT
hassl-848	566	1	returns	return	NOUN
hassl-848	566	2	required	require	VERB
hassl-848	566	3	by	by	ADP
hassl-848	566	4	investors	investor	NOUN
hassl-848	566	5	are	be	AUX
hassl-848	566	6	cost	cost	NOUN
hassl-848	566	7	of	of	ADP
hassl-848	566	8	equity	equity	NOUN
hassl-848	566	9	from	from	ADP
hassl-848	566	10	firm	firm	NOUN
hassl-848	566	11	’s	’s	PART
hassl-848	566	12	point	point	NOUN
hassl-848	566	13	of	of	ADP
hassl-848	566	14	view	view	NOUN
hassl-848	566	15	.	.	PUNCT
hassl-848	567	1	the	the	DET
hassl-848	567	2	effect	effect	NOUN
hassl-848	567	3	of	of	ADP
hassl-848	567	4	size	size	NOUN
hassl-848	567	5	on	on	ADP
hassl-848	567	6	return	return	NOUN
hassl-848	567	7	is	be	AUX
hassl-848	567	8	,	,	PUNCT
hassl-848	567	9	however	however	ADV
hassl-848	567	10	,	,	PUNCT
hassl-848	567	11	not	not	PART
hassl-848	567	12	consistent	consistent	ADJ
hassl-848	567	13	.	.	PUNCT
hassl-848	568	1	in	in	ADP
hassl-848	568	2	summary	summary	NOUN
hassl-848	568	3	,	,	PUNCT
hassl-848	568	4	the	the	DET
hassl-848	568	5	overall	overall	ADJ
hassl-848	568	6	analysis	analysis	NOUN
hassl-848	568	7	result	result	NOUN
hassl-848	568	8	found	find	VERB
hassl-848	568	9	that	that	SCONJ
hassl-848	568	10	the	the	DET
hassl-848	568	11	board	board	PROPN
hassl-848	568	12	committee	committee	PROPN
hassl-848	568	13	independence	independence	NOUN
hassl-848	568	14	is	be	AUX
hassl-848	568	15	highly	highly	ADV
hassl-848	568	16	influenced	influence	VERB
hassl-848	568	17	the	the	DET
hassl-848	568	18	firm	firm	ADJ
hassl-848	568	19	risk	risk	NOUN
hassl-848	568	20	among	among	ADP
hassl-848	568	21	companies	company	NOUN
hassl-848	568	22	at	at	ADP
hassl-848	568	23	1	1	NUM
hassl-848	568	24	%	%	NOUN
hassl-848	568	25	(	(	PUNCT
hassl-848	568	26	0.01	0.01	NUM
hassl-848	568	27	)	)	PUNCT
hassl-848	568	28	level	level	NOUN
hassl-848	568	29	.	.	PUNCT
hassl-848	569	1	based	base	VERB
hassl-848	569	2	on	on	ADP
hassl-848	569	3	the	the	DET
hassl-848	569	4	above	above	ADJ
hassl-848	569	5	discussion	discussion	NOUN
hassl-848	569	6	,	,	PUNCT
hassl-848	569	7	the	the	DET
hassl-848	569	8	following	follow	VERB
hassl-848	569	9	interpretation	interpretation	NOUN
hassl-848	569	10	in	in	ADP
hassl-848	569	11	table	table	NOUN
hassl-848	569	12	14	14	NUM
hassl-848	569	13	was	be	AUX
hassl-848	569	14	constructed	construct	VERB
hassl-848	569	15	based	base	VERB
hassl-848	569	16	on	on	ADP
hassl-848	569	17	the	the	DET
hassl-848	569	18	result	result	NOUN
hassl-848	569	19	gathered	gather	VERB
hassl-848	569	20	after	after	SCONJ
hassl-848	569	21	the	the	DET
hassl-848	569	22	analysis	analysis	NOUN
hassl-848	569	23	was	be	AUX
hassl-848	569	24	performed	perform	VERB
hassl-848	569	25	.	.	PUNCT
hassl-848	570	1	table-14	table-14	PROPN
hassl-848	570	2	.	.	PROPN
hassl-848	570	3	results	result	NOUN
hassl-848	570	4	on	on	ADP
hassl-848	570	5	hypotheses	hypothesis	NOUN
hassl-848	570	6	.	.	PUNCT
hassl-848	571	1	hypotheses	hypothesis	NOUN
hassl-848	571	2	interpretation	interpretation	NOUN
hassl-848	571	3	h1	h1	PROPN
hassl-848	571	4	:	:	PUNCT
hassl-848	571	5	there	there	PRON
hassl-848	571	6	is	be	VERB
hassl-848	571	7	a	a	DET
hassl-848	571	8	negative	negative	ADJ
hassl-848	571	9	relationship	relationship	NOUN
hassl-848	571	10	between	between	ADP
hassl-848	571	11	the	the	DET
hassl-848	571	12	proportion	proportion	NOUN
hassl-848	571	13	of	of	ADP
hassl-848	571	14	board	board	NOUN
hassl-848	571	15	independence	independence	NOUN
hassl-848	571	16	and	and	CCONJ
hassl-848	571	17	firm	firm	ADJ
hassl-848	571	18	risk	risk	NOUN
hassl-848	571	19	.	.	PUNCT
hassl-848	572	1	accepted	accept	VERB
hassl-848	572	2	h2	h2	NOUN
hassl-848	572	3	:	:	PUNCT
hassl-848	572	4	there	there	PRON
hassl-848	572	5	is	be	VERB
hassl-848	572	6	a	a	DET
hassl-848	572	7	negative	negative	ADJ
hassl-848	572	8	relationship	relationship	NOUN
hassl-848	572	9	between	between	ADP
hassl-848	572	10	small	small	ADJ
hassl-848	572	11	board	board	NOUN
hassl-848	572	12	size	size	NOUN
hassl-848	572	13	and	and	CCONJ
hassl-848	572	14	firm	firm	ADJ
hassl-848	572	15	risk	risk	NOUN
hassl-848	572	16	.	.	PUNCT
hassl-848	573	1	rejected	reject	VERB
hassl-848	573	2	h3	h3	NOUN
hassl-848	573	3	:	:	PUNCT
hassl-848	573	4	there	there	PRON
hassl-848	573	5	is	be	VERB
hassl-848	573	6	a	a	DET
hassl-848	573	7	positive	positive	ADJ
hassl-848	573	8	relationship	relationship	NOUN
hassl-848	573	9	between	between	ADP
hassl-848	573	10	ceo	ceo	NOUN
hassl-848	573	11	duality	duality	NOUN
hassl-848	573	12	and	and	CCONJ
hassl-848	573	13	firm	firm	ADJ
hassl-848	573	14	risk	risk	NOUN
hassl-848	573	15	.	.	PUNCT
hassl-848	574	1	rejected	reject	VERB
hassl-848	574	2	h4	h4	NOUN
hassl-848	574	3	:	:	PUNCT
hassl-848	574	4	there	there	PRON
hassl-848	574	5	is	be	VERB
hassl-848	574	6	a	a	DET
hassl-848	574	7	negative	negative	ADJ
hassl-848	574	8	relationship	relationship	NOUN
hassl-848	574	9	between	between	ADP
hassl-848	574	10	the	the	DET
hassl-848	574	11	existences	existence	NOUN
hassl-848	574	12	of	of	ADP
hassl-848	574	13	audit	audit	NOUN
hassl-848	574	14	and	and	CCONJ
hassl-848	574	15	nomination	nomination	NOUN
hassl-848	574	16	or	or	CCONJ
hassl-848	574	17	remuneration	remuneration	NOUN
hassl-848	574	18	committee	committee	NOUN
hassl-848	574	19	with	with	ADP
hassl-848	574	20	firm	firm	ADJ
hassl-848	574	21	risk	risk	NOUN
hassl-848	574	22	.	.	PUNCT
hassl-848	575	1	rejected	reject	VERB
hassl-848	575	2	h5	h5	PROPN
hassl-848	575	3	:	:	PUNCT
hassl-848	575	4	there	there	PRON
hassl-848	575	5	is	be	VERB
hassl-848	575	6	a	a	DET
hassl-848	575	7	negative	negative	ADJ
hassl-848	575	8	relationship	relationship	NOUN
hassl-848	575	9	between	between	ADP
hassl-848	575	10	the	the	DET
hassl-848	575	11	proportion	proportion	NOUN
hassl-848	575	12	of	of	ADP
hassl-848	575	13	board	board	NOUN
hassl-848	575	14	independence	independence	NOUN
hassl-848	575	15	on	on	ADP
hassl-848	575	16	the	the	DET
hassl-848	575	17	audit	audit	NOUN
hassl-848	575	18	committee	committee	NOUN
hassl-848	575	19	and	and	CCONJ
hassl-848	575	20	firm	firm	ADJ
hassl-848	575	21	risk	risk	NOUN
hassl-848	575	22	.	.	PUNCT
hassl-848	576	1	rejected	reject	VERB
hassl-848	576	2	6	6	NUM
hassl-848	576	3	.	.	PUNCT
hassl-848	576	4	conclusion	conclusion	NOUN
hassl-848	576	5	there	there	PRON
hassl-848	576	6	are	be	VERB
hassl-848	576	7	several	several	ADJ
hassl-848	576	8	contributions	contribution	NOUN
hassl-848	576	9	relating	relate	VERB
hassl-848	576	10	to	to	ADP
hassl-848	576	11	this	this	DET
hassl-848	576	12	study	study	NOUN
hassl-848	576	13	.	.	PUNCT
hassl-848	577	1	firstly	firstly	ADV
hassl-848	577	2	,	,	PUNCT
hassl-848	577	3	the	the	DET
hassl-848	577	4	study	study	NOUN
hassl-848	577	5	conducted	conduct	VERB
hassl-848	577	6	would	would	AUX
hassl-848	577	7	provide	provide	VERB
hassl-848	577	8	literature	literature	NOUN
hassl-848	577	9	on	on	ADP
hassl-848	577	10	the	the	DET
hassl-848	577	11	corporate	corporate	ADJ
hassl-848	577	12	governance	governance	NOUN
hassl-848	577	13	mechanism	mechanism	NOUN
hassl-848	577	14	concerning	concern	VERB
hassl-848	577	15	to	to	ADP
hassl-848	577	16	firm	firm	NOUN
hassl-848	577	17	’s	’s	PART
hassl-848	577	18	risk	risk	NOUN
hassl-848	577	19	in	in	ADP
hassl-848	577	20	malaysia	malaysia	PROPN
hassl-848	577	21	.	.	PUNCT
hassl-848	578	1	it	it	PRON
hassl-848	578	2	would	would	AUX
hassl-848	578	3	give	give	VERB
hassl-848	578	4	insights	insight	NOUN
hassl-848	578	5	on	on	ADP
hassl-848	578	6	the	the	DET
hassl-848	578	7	firm	firm	NOUN
hassl-848	578	8	’s	’s	PART
hassl-848	578	9	current	current	ADJ
hassl-848	578	10	practice	practice	NOUN
hassl-848	578	11	regarding	regard	VERB
hassl-848	578	12	the	the	DET
hassl-848	578	13	importance	importance	NOUN
hassl-848	578	14	of	of	ADP
hassl-848	578	15	strong	strong	ADJ
hassl-848	578	16	and	and	CCONJ
hassl-848	578	17	good	good	ADJ
hassl-848	578	18	corporate	corporate	ADJ
hassl-848	578	19	governance	governance	NOUN
hassl-848	578	20	in	in	ADP
hassl-848	578	21	order	order	NOUN
hassl-848	578	22	to	to	PART
hassl-848	578	23	reduce	reduce	VERB
hassl-848	578	24	the	the	DET
hassl-848	578	25	risk	risk	NOUN
hassl-848	578	26	in	in	ADP
hassl-848	578	27	the	the	DET
hassl-848	578	28	firm	firm	NOUN
hassl-848	578	29	.	.	PUNCT
hassl-848	579	1	next	next	ADJ
hassl-848	579	2	is	be	AUX
hassl-848	579	3	with	with	ADP
hassl-848	579	4	reference	reference	NOUN
hassl-848	579	5	to	to	ADP
hassl-848	579	6	the	the	DET
hassl-848	579	7	agency	agency	NOUN
hassl-848	579	8	theory	theory	NOUN
hassl-848	579	9	described	describe	VERB
hassl-848	579	10	in	in	ADP
hassl-848	579	11	literature	literature	NOUN
hassl-848	579	12	review	review	NOUN
hassl-848	579	13	earlier	early	ADV
hassl-848	579	14	.	.	PUNCT
hassl-848	580	1	a	a	DET
hassl-848	580	2	better	well	ADJ
hassl-848	580	3	disclosure	disclosure	NOUN
hassl-848	580	4	of	of	ADP
hassl-848	580	5	good	good	ADJ
hassl-848	580	6	corporate	corporate	ADJ
hassl-848	580	7	governance	governance	NOUN
hassl-848	580	8	means	mean	VERB
hassl-848	580	9	that	that	SCONJ
hassl-848	580	10	the	the	DET
hassl-848	580	11	firms	firm	NOUN
hassl-848	580	12	are	be	AUX
hassl-848	580	13	enlightening	enlighten	VERB
hassl-848	580	14	the	the	DET
hassl-848	580	15	investors	investor	NOUN
hassl-848	580	16	as	as	ADV
hassl-848	580	17	well	well	ADV
hassl-848	580	18	as	as	ADP
hassl-848	580	19	other	other	ADJ
hassl-848	580	20	stakeholders	stakeholder	NOUN
hassl-848	580	21	about	about	ADP
hassl-848	580	22	the	the	DET
hassl-848	580	23	quality	quality	NOUN
hassl-848	580	24	of	of	ADP
hassl-848	580	25	their	their	PRON
hassl-848	580	26	corporate	corporate	ADJ
hassl-848	580	27	governance	governance	NOUN
hassl-848	580	28	.	.	PUNCT
hassl-848	581	1	this	this	DET
hassl-848	581	2	study	study	NOUN
hassl-848	581	3	also	also	ADV
hassl-848	581	4	provides	provide	VERB
hassl-848	581	5	some	some	DET
hassl-848	581	6	literature	literature	NOUN
hassl-848	581	7	on	on	ADP
hassl-848	581	8	corporate	corporate	ADJ
hassl-848	581	9	governance	governance	NOUN
hassl-848	581	10	mechanisms	mechanism	NOUN
hassl-848	581	11	practiced	practice	VERB
hassl-848	581	12	.	.	PUNCT
hassl-848	582	1	it	it	PRON
hassl-848	582	2	gives	give	VERB
hassl-848	582	3	more	more	ADJ
hassl-848	582	4	information	information	NOUN
hassl-848	582	5	in	in	ADP
hassl-848	582	6	practicing	practice	VERB
hassl-848	582	7	the	the	DET
hassl-848	582	8	good	good	ADJ
hassl-848	582	9	corporate	corporate	ADJ
hassl-848	582	10	governance	governance	NOUN
hassl-848	582	11	and	and	CCONJ
hassl-848	582	12	how	how	SCONJ
hassl-848	582	13	those	those	DET
hassl-848	582	14	mechanisms	mechanism	NOUN
hassl-848	582	15	would	would	AUX
hassl-848	582	16	influence	influence	VERB
hassl-848	582	17	firm	firm	NOUN
hassl-848	582	18	’s	’s	PART
hassl-848	582	19	risk	risk	NOUN
hassl-848	582	20	.	.	PUNCT
hassl-848	583	1	as	as	SCONJ
hassl-848	583	2	proven	prove	VERB
hassl-848	583	3	by	by	ADP
hassl-848	583	4	reverte	reverte	PROPN
hassl-848	583	5	(	(	PUNCT
hassl-848	583	6	2009	2009	NUM
hassl-848	583	7	)	)	PUNCT
hassl-848	583	8	that	that	SCONJ
hassl-848	583	9	strong	strong	ADJ
hassl-848	583	10	corporate	corporate	ADJ
hassl-848	583	11	governance	governance	NOUN
hassl-848	583	12	does	do	AUX
hassl-848	583	13	not	not	PART
hassl-848	583	14	only	only	ADV
hassl-848	583	15	reduce	reduce	VERB
hassl-848	583	16	risks	risk	NOUN
hassl-848	583	17	of	of	ADP
hassl-848	583	18	the	the	DET
hassl-848	583	19	firm	firm	NOUN
hassl-848	583	20	but	but	CCONJ
hassl-848	583	21	also	also	ADV
hassl-848	583	22	would	would	AUX
hassl-848	583	23	influence	influence	VERB
hassl-848	583	24	opportunistic	opportunistic	ADJ
hassl-848	583	25	behavior	behavior	NOUN
hassl-848	583	26	of	of	ADP
hassl-848	583	27	management	management	NOUN
hassl-848	583	28	as	as	ADV
hassl-848	583	29	well	well	ADV
hassl-848	583	30	as	as	ADP
hassl-848	583	31	enhance	enhance	VERB
hassl-848	583	32	disclosure	disclosure	NOUN
hassl-848	583	33	policy	policy	NOUN
hassl-848	583	34	.	.	PUNCT
hassl-848	584	1	this	this	DET
hassl-848	584	2	practice	practice	NOUN
hassl-848	584	3	would	would	AUX
hassl-848	584	4	boost	boost	VERB
hassl-848	584	5	an	an	DET
hassl-848	584	6	effective	effective	ADJ
hassl-848	584	7	shareholder	shareholder	NOUN
hassl-848	584	8	protection	protection	NOUN
hassl-848	584	9	as	as	ADV
hassl-848	584	10	well	well	ADV
hassl-848	584	11	as	as	ADP
hassl-848	584	12	decrease	decrease	VERB
hassl-848	584	13	the	the	DET
hassl-848	584	14	potential	potential	NOUN
hassl-848	584	15	of	of	ADP
hassl-848	584	16	large	large	ADJ
hassl-848	584	17	shareholder	shareholder	NOUN
hassl-848	584	18	in	in	ADP
hassl-848	584	19	order	order	NOUN
hassl-848	584	20	to	to	PART
hassl-848	584	21	mitigate	mitigate	VERB
hassl-848	584	22	agency	agency	NOUN
hassl-848	584	23	problems	problem	NOUN
hassl-848	584	24	(	(	PUNCT
hassl-848	584	25	laeven	laeven	PROPN
hassl-848	584	26	&	&	CCONJ
hassl-848	584	27	levine	levine	PROPN
hassl-848	584	28	,	,	PUNCT
hassl-848	584	29	2009	2009	NUM
hassl-848	584	30	)	)	PUNCT
hassl-848	584	31	.	.	PUNCT
hassl-848	585	1	6.1	6.1	NUM
hassl-848	585	2	.	.	PUNCT
hassl-848	585	3	limitation	limitation	NOUN
hassl-848	585	4	of	of	ADP
hassl-848	585	5	this	this	DET
hassl-848	585	6	study	study	NOUN
hassl-848	585	7	this	this	DET
hassl-848	585	8	study	study	NOUN
hassl-848	585	9	is	be	AUX
hassl-848	585	10	subjected	subject	VERB
hassl-848	585	11	to	to	ADP
hassl-848	585	12	several	several	ADJ
hassl-848	585	13	limitations	limitation	NOUN
hassl-848	585	14	.	.	PUNCT
hassl-848	586	1	firstly	firstly	ADV
hassl-848	586	2	,	,	PUNCT
hassl-848	586	3	the	the	DET
hassl-848	586	4	time	time	NOUN
hassl-848	586	5	constraint	constraint	NOUN
hassl-848	586	6	in	in	ADP
hassl-848	586	7	gathering	gather	VERB
hassl-848	586	8	the	the	DET
hassl-848	586	9	information	information	NOUN
hassl-848	586	10	as	as	ADV
hassl-848	586	11	well	well	ADV
hassl-848	586	12	as	as	ADP
hassl-848	586	13	to	to	PART
hassl-848	586	14	generate	generate	VERB
hassl-848	586	15	the	the	DET
hassl-848	586	16	result	result	NOUN
hassl-848	586	17	.	.	PUNCT
hassl-848	587	1	it	it	PRON
hassl-848	587	2	may	may	AUX
hassl-848	587	3	be	be	AUX
hassl-848	587	4	insufficient	insufficient	ADJ
hassl-848	587	5	to	to	PART
hassl-848	587	6	gather	gather	VERB
hassl-848	587	7	as	as	ADV
hassl-848	587	8	much	much	ADJ
hassl-848	587	9	input	input	NOUN
hassl-848	587	10	to	to	PART
hassl-848	587	11	make	make	VERB
hassl-848	587	12	the	the	DET
hassl-848	587	13	study	study	NOUN
hassl-848	587	14	’s	’s	PART
hassl-848	587	15	coverage	coverage	NOUN
hassl-848	587	16	wider	wide	ADJ
hassl-848	587	17	.	.	PUNCT
hassl-848	588	1	this	this	DET
hassl-848	588	2	study	study	NOUN
hassl-848	588	3	has	have	AUX
hassl-848	588	4	only	only	ADV
hassl-848	588	5	considered	consider	VERB
hassl-848	588	6	four	four	NUM
hassl-848	588	7	years	year	NOUN
hassl-848	588	8	calculating	calculate	VERB
hassl-848	588	9	the	the	DET
hassl-848	588	10	cost	cost	NOUN
hassl-848	588	11	of	of	ADP
hassl-848	588	12	equity	equity	NOUN
hassl-848	588	13	capital	capital	NOUN
hassl-848	588	14	as	as	ADP
hassl-848	588	15	proxy	proxy	NOUN
hassl-848	588	16	to	to	PART
hassl-848	588	17	firm	firm	VERB
hassl-848	588	18	’s	’s	PART
hassl-848	588	19	risk	risk	NOUN
hassl-848	588	20	.	.	PUNCT
hassl-848	589	1	hence	hence	ADV
hassl-848	589	2	,	,	PUNCT
hassl-848	589	3	it	it	PRON
hassl-848	589	4	may	may	AUX
hassl-848	589	5	be	be	AUX
hassl-848	589	6	insufficient	insufficient	ADJ
hassl-848	589	7	since	since	SCONJ
hassl-848	589	8	the	the	DET
hassl-848	589	9	result	result	NOUN
hassl-848	589	10	found	find	VERB
hassl-848	589	11	that	that	SCONJ
hassl-848	589	12	there	there	PRON
hassl-848	589	13	is	be	VERB
hassl-848	589	14	only	only	ADV
hassl-848	589	15	one	one	NUM
hassl-848	589	16	variable	variable	NOUN
hassl-848	589	17	was	be	AUX
hassl-848	589	18	relatively	relatively	ADV
hassl-848	589	19	significant	significant	ADJ
hassl-848	589	20	with	with	ADP
hassl-848	589	21	dependent	dependent	ADJ
hassl-848	589	22	variable	variable	NOUN
hassl-848	589	23	.	.	PUNCT
hassl-848	590	1	even	even	ADV
hassl-848	590	2	though	though	SCONJ
hassl-848	590	3	the	the	DET
hassl-848	590	4	sample	sample	NOUN
hassl-848	590	5	firm	firm	NOUN
hassl-848	590	6	was	be	AUX
hassl-848	590	7	enough	enough	ADJ
hassl-848	590	8	according	accord	VERB
hassl-848	590	9	to	to	ADP
hassl-848	590	10	population	population	NOUN
hassl-848	590	11	chosen	choose	VERB
hassl-848	590	12	,	,	PUNCT
hassl-848	590	13	sekaran	sekaran	NOUN
hassl-848	590	14	(	(	PUNCT
hassl-848	590	15	2013	2013	NUM
hassl-848	590	16	)	)	PUNCT
hassl-848	590	17	stated	state	VERB
hassl-848	590	18	that	that	SCONJ
hassl-848	590	19	the	the	DET
hassl-848	590	20	variability	variability	NOUN
hassl-848	590	21	in	in	ADP
hassl-848	590	22	the	the	DET
hassl-848	590	23	population	population	NOUN
hassl-848	590	24	is	be	AUX
hassl-848	590	25	one	one	NUM
hassl-848	590	26	of	of	ADP
hassl-848	590	27	the	the	DET
hassl-848	590	28	conditions	condition	NOUN
hassl-848	590	29	to	to	PART
hassl-848	590	30	choose	choose	VERB
hassl-848	590	31	a	a	DET
hassl-848	590	32	sample	sample	NOUN
hassl-848	590	33	.	.	PUNCT
hassl-848	591	1	hence	hence	ADV
hassl-848	591	2	,	,	PUNCT
hassl-848	591	3	this	this	DET
hassl-848	591	4	study	study	NOUN
hassl-848	591	5	used	use	VERB
hassl-848	591	6	population	population	NOUN
hassl-848	591	7	public	public	ADJ
hassl-848	591	8	listed	list	VERB
hassl-848	591	9	companies	company	NOUN
hassl-848	591	10	(	(	PUNCT
hassl-848	591	11	plcs	plcs	PROPN
hassl-848	591	12	)	)	PUNCT
hassl-848	591	13	from	from	ADP
hassl-848	591	14	main	main	ADJ
hassl-848	591	15	market	market	NOUN
hassl-848	591	16	bursa	bursa	NOUN
hassl-848	591	17	malaysia	malaysia	NOUN
hassl-848	591	18	which	which	PRON
hassl-848	591	19	complies	comply	VERB
hassl-848	591	20	with	with	ADP
hassl-848	591	21	the	the	DET
hassl-848	591	22	shariah	shariah	PROPN
hassl-848	591	23	in	in	ADP
hassl-848	591	24	the	the	DET
hassl-848	591	25	islamic	islamic	ADJ
hassl-848	591	26	capital	capital	NOUN
hassl-848	591	27	market	market	NOUN
hassl-848	591	28	(	(	PUNCT
hassl-848	591	29	icm	icm	NOUN
hassl-848	591	30	)	)	PUNCT
hassl-848	591	31	and	and	CCONJ
hassl-848	591	32	consists	consist	VERB
hassl-848	591	33	of	of	ADP
hassl-848	591	34	various	various	ADJ
hassl-848	591	35	sectors	sector	NOUN
hassl-848	591	36	such	such	ADJ
hassl-848	591	37	as	as	ADP
hassl-848	591	38	construction	construction	NOUN
hassl-848	591	39	,	,	PUNCT
hassl-848	591	40	consumer	consumer	NOUN
hassl-848	591	41	product	product	NOUN
hassl-848	591	42	,	,	PUNCT
hassl-848	591	43	technology	technology	NOUN
hassl-848	591	44	and	and	CCONJ
hassl-848	591	45	other	other	ADJ
hassl-848	591	46	sector	sector	NOUN
hassl-848	591	47	.	.	PUNCT
hassl-848	592	1	the	the	DET
hassl-848	592	2	second	second	ADJ
hassl-848	592	3	limitation	limitation	NOUN
hassl-848	592	4	is	be	AUX
hassl-848	592	5	the	the	DET
hassl-848	592	6	variables	variable	NOUN
hassl-848	592	7	used	use	VERB
hassl-848	592	8	in	in	ADP
hassl-848	592	9	this	this	DET
hassl-848	592	10	study	study	NOUN
hassl-848	592	11	might	might	AUX
hassl-848	592	12	not	not	PART
hassl-848	592	13	be	be	AUX
hassl-848	592	14	reliable	reliable	ADJ
hassl-848	592	15	since	since	SCONJ
hassl-848	592	16	the	the	DET
hassl-848	592	17	results	result	NOUN
hassl-848	592	18	are	be	AUX
hassl-848	592	19	not	not	PART
hassl-848	592	20	consistent	consistent	ADJ
hassl-848	592	21	with	with	ADP
hassl-848	592	22	prior	prior	ADJ
hassl-848	592	23	studies	study	NOUN
hassl-848	592	24	that	that	PRON
hassl-848	592	25	have	have	VERB
hassl-848	592	26	significant	significant	ADJ
hassl-848	592	27	influence	influence	NOUN
hassl-848	592	28	between	between	ADP
hassl-848	592	29	variables	variable	NOUN
hassl-848	592	30	.	.	PUNCT
hassl-848	593	1	the	the	DET
hassl-848	593	2	other	other	ADJ
hassl-848	593	3	variables	variable	NOUN
hassl-848	593	4	might	might	AUX
hassl-848	593	5	be	be	AUX
hassl-848	593	6	tested	test	VERB
hassl-848	593	7	for	for	ADP
hassl-848	593	8	further	further	ADJ
hassl-848	593	9	research	research	NOUN
hassl-848	593	10	in	in	ADP
hassl-848	593	11	order	order	NOUN
hassl-848	593	12	to	to	PART
hassl-848	593	13	get	get	VERB
hassl-848	593	14	significant	significant	ADJ
hassl-848	593	15	result	result	NOUN
hassl-848	593	16	.	.	PUNCT
hassl-848	594	1	in	in	ADP
hassl-848	594	2	addition	addition	NOUN
hassl-848	594	3	,	,	PUNCT
hassl-848	594	4	the	the	DET
hassl-848	594	5	model	model	NOUN
hassl-848	594	6	used	use	VERB
hassl-848	594	7	from	from	ADP
hassl-848	594	8	previous	previous	ADJ
hassl-848	594	9	study	study	NOUN
hassl-848	594	10	also	also	ADV
hassl-848	594	11	needs	need	VERB
hassl-848	594	12	to	to	ADP
hassl-848	594	13	humanities	humanity	NOUN
hassl-848	594	14	and	and	CCONJ
hassl-848	594	15	social	social	ADJ
hassl-848	594	16	sciences	science	NOUN
hassl-848	594	17	letters	letter	NOUN
hassl-848	594	18	,	,	PUNCT
hassl-848	594	19	2020	2020	NUM
hassl-848	594	20	,	,	PUNCT
hassl-848	594	21	8(2	8(2	NUM
hassl-848	594	22	):	):	PUNCT
hassl-848	594	23	169	169	NUM
hassl-848	594	24	-	-	SYM
hassl-848	594	25	193	193	NUM
hassl-848	594	26	188	188	NUM
hassl-848	594	27	©	©	PROPN
hassl-848	594	28	2020	2020	NUM
hassl-848	594	29	conscientia	conscientia	PROPN
hassl-848	594	30	beam	beam	PROPN
hassl-848	594	31	.	.	PUNCT
hassl-848	595	1	all	all	DET
hassl-848	595	2	rights	right	NOUN
hassl-848	595	3	reserved	reserve	VERB
hassl-848	595	4	.	.	PUNCT
hassl-848	595	5	be	be	AUX
hassl-848	595	6	review	review	NOUN
hassl-848	595	7	in	in	ADP
hassl-848	595	8	order	order	NOUN
hassl-848	595	9	to	to	PART
hassl-848	595	10	get	get	VERB
hassl-848	595	11	better	well	ADJ
hassl-848	595	12	result	result	NOUN
hassl-848	595	13	since	since	SCONJ
hassl-848	595	14	that	that	DET
hassl-848	595	15	model	model	NOUN
hassl-848	595	16	not	not	PART
hassl-848	595	17	suggested	suggest	VERB
hassl-848	595	18	the	the	DET
hassl-848	595	19	strong	strong	ADJ
hassl-848	595	20	relationship	relationship	NOUN
hassl-848	595	21	between	between	ADP
hassl-848	595	22	each	each	DET
hassl-848	595	23	variable	variable	NOUN
hassl-848	595	24	used	use	VERB
hassl-848	595	25	.	.	PUNCT
hassl-848	596	1	lastly	lastly	ADV
hassl-848	596	2	,	,	PUNCT
hassl-848	596	3	dependent	dependent	ADJ
hassl-848	596	4	variable	variable	NOUN
hassl-848	596	5	in	in	ADP
hassl-848	596	6	this	this	DET
hassl-848	596	7	study	study	NOUN
hassl-848	596	8	is	be	AUX
hassl-848	596	9	cost	cost	NOUN
hassl-848	596	10	of	of	ADP
hassl-848	596	11	equity	equity	NOUN
hassl-848	596	12	capital	capital	NOUN
hassl-848	596	13	.	.	PUNCT
hassl-848	597	1	in	in	ADP
hassl-848	597	2	fact	fact	NOUN
hassl-848	597	3	,	,	PUNCT
hassl-848	597	4	this	this	DET
hassl-848	597	5	measurement	measurement	NOUN
hassl-848	597	6	of	of	ADP
hassl-848	597	7	firm	firm	NOUN
hassl-848	597	8	’s	’s	PART
hassl-848	597	9	risk	risk	NOUN
hassl-848	597	10	is	be	AUX
hassl-848	597	11	an	an	DET
hassl-848	597	12	unobservable	unobservable	ADJ
hassl-848	597	13	measure	measure	NOUN
hassl-848	597	14	and	and	CCONJ
hassl-848	597	15	need	need	VERB
hassl-848	597	16	to	to	PART
hassl-848	597	17	be	be	AUX
hassl-848	597	18	estimated	estimate	VERB
hassl-848	597	19	.	.	PUNCT
hassl-848	598	1	thus	thus	ADV
hassl-848	598	2	,	,	PUNCT
hassl-848	598	3	the	the	DET
hassl-848	598	4	results	result	NOUN
hassl-848	598	5	gathered	gather	VERB
hassl-848	598	6	might	might	AUX
hassl-848	598	7	be	be	AUX
hassl-848	598	8	sensitive	sensitive	ADJ
hassl-848	598	9	towards	towards	ADP
hassl-848	598	10	the	the	DET
hassl-848	598	11	estimation	estimation	NOUN
hassl-848	598	12	method	method	NOUN
hassl-848	598	13	chosen	choose	VERB
hassl-848	598	14	(	(	PUNCT
hassl-848	598	15	reverte	reverte	PROPN
hassl-848	598	16	,	,	PUNCT
hassl-848	598	17	2009	2009	NUM
hassl-848	598	18	)	)	PUNCT
hassl-848	598	19	.	.	PUNCT
hassl-848	599	1	funding	funding	NOUN
hassl-848	599	2	:	:	PUNCT
hassl-848	599	3	the	the	DET
hassl-848	599	4	authors	author	NOUN
hassl-848	599	5	wish	wish	VERB
hassl-848	599	6	to	to	PART
hassl-848	599	7	thank	thank	VERB
hassl-848	599	8	the	the	DET
hassl-848	599	9	institute	institute	NOUN
hassl-848	599	10	of	of	ADP
hassl-848	599	11	quality	quality	NOUN
hassl-848	599	12	and	and	CCONJ
hassl-848	599	13	knowledge	knowledge	NOUN
hassl-848	599	14	advancement	advancement	NOUN
hassl-848	599	15	and	and	CCONJ
hassl-848	599	16	the	the	DET
hassl-848	599	17	institute	institute	PROPN
hassl-848	599	18	of	of	ADP
hassl-848	599	19	research	research	NOUN
hassl-848	599	20	management	management	NOUN
hassl-848	599	21	and	and	CCONJ
hassl-848	599	22	innovation	innovation	NOUN
hassl-848	599	23	of	of	ADP
hassl-848	599	24	universiti	universiti	PROPN
hassl-848	599	25	teknologi	teknologi	PROPN
hassl-848	599	26	mara	mara	PROPN
hassl-848	599	27	for	for	ADP
hassl-848	599	28	their	their	PRON
hassl-848	599	29	support	support	NOUN
hassl-848	599	30	and	and	CCONJ
hassl-848	599	31	funding	funding	NOUN
hassl-848	599	32	.	.	PUNCT
hassl-848	600	1	competing	compete	VERB
hassl-848	600	2	interests	interest	NOUN
hassl-848	600	3	:	:	PUNCT
hassl-848	600	4	the	the	DET
hassl-848	600	5	authors	author	NOUN
hassl-848	600	6	declare	declare	VERB
hassl-848	600	7	that	that	SCONJ
hassl-848	600	8	they	they	PRON
hassl-848	600	9	have	have	VERB
hassl-848	600	10	no	no	DET
hassl-848	600	11	competing	compete	VERB
hassl-848	600	12	interests	interest	NOUN
hassl-848	600	13	.	.	PUNCT
hassl-848	601	1	acknowledgement	acknowledgement	NOUN
hassl-848	601	2	:	:	PUNCT
hassl-848	601	3	all	all	DET
hassl-848	601	4	authors	author	NOUN
hassl-848	601	5	contributed	contribute	VERB
hassl-848	601	6	equally	equally	ADV
hassl-848	601	7	to	to	ADP
hassl-848	601	8	the	the	DET
hassl-848	601	9	conception	conception	NOUN
hassl-848	601	10	and	and	CCONJ
hassl-848	601	11	design	design	NOUN
hassl-848	601	12	of	of	ADP
hassl-848	601	13	the	the	DET
hassl-848	601	14	study	study	NOUN
hassl-848	601	15	.	.	PUNCT
hassl-848	602	1	references	reference	NOUN
hassl-848	602	2	abdullah	abdullah	PROPN
hassl-848	602	3	.	.	PROPN
hassl-848	602	4	,	,	PUNCT
hassl-848	603	1	n.	n.	PROPN
hassl-848	603	2	a.	a.	PROPN
hassl-848	603	3	h.	h.	PROPN
hassl-848	603	4	,	,	PUNCT
hassl-848	603	5	ma'aji	ma'aji	PROPN
hassl-848	603	6	,	,	PUNCT
hassl-848	603	7	m.	m.	NOUN
hassl-848	603	8	m.	m.	NOUN
hassl-848	603	9	,	,	PUNCT
hassl-848	603	10	&	&	CCONJ
hassl-848	603	11	khaw	khaw	PROPN
hassl-848	603	12	,	,	PUNCT
hassl-848	603	13	k.	k.	PROPN
hassl-848	603	14	l.-h	l.-h	PROPN
hassl-848	603	15	.	.	PUNCT
hassl-848	604	1	(	(	PUNCT
hassl-848	604	2	2016	2016	NUM
hassl-848	604	3	)	)	PUNCT
hassl-848	604	4	.	.	PUNCT
hassl-848	605	1	the	the	DET
hassl-848	605	2	value	value	NOUN
hassl-848	605	3	of	of	ADP
hassl-848	605	4	governance	governance	NOUN
hassl-848	605	5	variables	variable	NOUN
hassl-848	605	6	in	in	ADP
hassl-848	605	7	predicting	predict	VERB
hassl-848	605	8	financial	financial	ADJ
hassl-848	605	9	distress	distress	NOUN
hassl-848	605	10	among	among	ADP
hassl-848	605	11	small	small	ADJ
hassl-848	605	12	and	and	CCONJ
hassl-848	605	13	medium	medium	ADJ
hassl-848	605	14	-	-	PUNCT
hassl-848	605	15	sized	sized	ADJ
hassl-848	605	16	enterprises	enterprise	NOUN
hassl-848	605	17	in	in	ADP
hassl-848	605	18	malaysia	malaysia	PROPN
hassl-848	605	19	.	.	PUNCT
hassl-848	606	1	asian	asian	PROPN
hassl-848	606	2	academy	academy	PROPN
hassl-848	606	3	of	of	ADP
hassl-848	606	4	management	management	PROPN
hassl-848	606	5	journal	journal	PROPN
hassl-848	606	6	of	of	ADP
hassl-848	606	7	accounting	accounting	PROPN
hassl-848	606	8	&	&	CCONJ
hassl-848	606	9	finance	finance	PROPN
hassl-848	606	10	,	,	PUNCT
hassl-848	606	11	12(december	12(december	NUM
hassl-848	606	12	)	)	PUNCT
hassl-848	606	13	,	,	PUNCT
hassl-848	606	14	77–91	77–91	NUM
hassl-848	606	15	.	.	PUNCT
hassl-848	607	1	agrawal	agrawal	PROPN
hassl-848	607	2	,	,	PUNCT
hassl-848	607	3	a.	a.	PROPN
hassl-848	607	4	,	,	PUNCT
hassl-848	607	5	&	&	CCONJ
hassl-848	607	6	knoeber	knoeber	PROPN
hassl-848	607	7	,	,	PUNCT
hassl-848	607	8	c.	c.	PROPN
hassl-848	607	9	r.	r.	PROPN
hassl-848	607	10	(	(	PUNCT
hassl-848	607	11	1996	1996	NUM
hassl-848	607	12	)	)	PUNCT
hassl-848	607	13	.	.	PUNCT
hassl-848	608	1	firm	firm	ADJ
hassl-848	608	2	performance	performance	NOUN
hassl-848	608	3	and	and	CCONJ
hassl-848	608	4	mechanisms	mechanism	NOUN
hassl-848	608	5	to	to	PART
hassl-848	608	6	control	control	VERB
hassl-848	608	7	agency	agency	NOUN
hassl-848	608	8	problems	problem	NOUN
hassl-848	608	9	between	between	ADP
hassl-848	608	10	managers	manager	NOUN
hassl-848	608	11	and	and	CCONJ
hassl-848	608	12	shareholders	shareholder	NOUN
hassl-848	608	13	.	.	PUNCT
hassl-848	609	1	the	the	DET
hassl-848	609	2	journal	journal	NOUN
hassl-848	609	3	of	of	ADP
hassl-848	609	4	financial	financial	ADJ
hassl-848	609	5	and	and	CCONJ
hassl-848	609	6	quantitative	quantitative	ADJ
hassl-848	609	7	analysis	analysis	NOUN
hassl-848	609	8	,	,	PUNCT
hassl-848	609	9	31	31	NUM
hassl-848	609	10	,	,	PUNCT
hassl-848	609	11	377–397.available	377–397.available	NUM
hassl-848	609	12	at	at	ADP
hassl-848	609	13	:	:	PUNCT
hassl-848	609	14	https://doi.org/10.2307/2331397	https://doi.org/10.2307/2331397	NOUN
hassl-848	609	15	.	.	PUNCT
hassl-848	610	1	ahmed	ahmed	PROPN
hassl-848	610	2	haji	haji	PROPN
hassl-848	610	3	,	,	PUNCT
hassl-848	610	4	a.	a.	NOUN
hassl-848	610	5	(	(	PUNCT
hassl-848	610	6	2014	2014	NUM
hassl-848	610	7	)	)	PUNCT
hassl-848	610	8	.	.	PUNCT
hassl-848	611	1	the	the	DET
hassl-848	611	2	relationship	relationship	NOUN
hassl-848	611	3	between	between	ADP
hassl-848	611	4	corporate	corporate	ADJ
hassl-848	611	5	governance	governance	NOUN
hassl-848	611	6	attributes	attribute	NOUN
hassl-848	611	7	and	and	CCONJ
hassl-848	611	8	firm	firm	ADJ
hassl-848	611	9	performance	performance	NOUN
hassl-848	611	10	before	before	ADP
hassl-848	611	11	and	and	CCONJ
hassl-848	611	12	after	after	ADP
hassl-848	611	13	the	the	DET
hassl-848	611	14	revised	revised	ADJ
hassl-848	611	15	code	code	NOUN
hassl-848	611	16	some	some	DET
hassl-848	611	17	malaysian	malaysian	ADJ
hassl-848	611	18	evidence	evidence	NOUN
hassl-848	611	19	.	.	PUNCT
hassl-848	612	1	international	international	ADJ
hassl-848	612	2	journal	journal	PROPN
hassl-848	612	3	of	of	ADP
hassl-848	612	4	commerce	commerce	PROPN
hassl-848	612	5	and	and	CCONJ
hassl-848	612	6	management	management	NOUN
hassl-848	612	7	,	,	PUNCT
hassl-848	612	8	24(1	24(1	NUM
hassl-848	612	9	)	)	PUNCT
hassl-848	612	10	,	,	PUNCT
hassl-848	612	11	134–151.available	134–151.available	NUM
hassl-848	612	12	at	at	ADP
hassl-848	612	13	:	:	PUNCT
hassl-848	612	14	https://doi.org/10.1108/17465681011017255	https://doi.org/10.1108/17465681011017255	PROPN
hassl-848	612	15	.	.	PUNCT
hassl-848	613	1	akhigbe	akhigbe	PROPN
hassl-848	613	2	,	,	PUNCT
hassl-848	613	3	a.	a.	PROPN
hassl-848	613	4	,	,	PUNCT
hassl-848	613	5	&	&	CCONJ
hassl-848	613	6	martin	martin	PROPN
hassl-848	613	7	,	,	PUNCT
hassl-848	613	8	a.	a.	PROPN
hassl-848	613	9	d.	d.	PROPN
hassl-848	613	10	(	(	PUNCT
hassl-848	613	11	2008	2008	NUM
hassl-848	613	12	)	)	PUNCT
hassl-848	613	13	.	.	PUNCT
hassl-848	614	1	influence	influence	NOUN
hassl-848	614	2	of	of	ADP
hassl-848	614	3	disclosure	disclosure	NOUN
hassl-848	614	4	and	and	CCONJ
hassl-848	614	5	governance	governance	NOUN
hassl-848	614	6	on	on	ADP
hassl-848	614	7	risk	risk	NOUN
hassl-848	614	8	of	of	ADP
hassl-848	614	9	us	us	PROPN
hassl-848	614	10	financial	financial	ADJ
hassl-848	614	11	services	service	NOUN
hassl-848	614	12	firms	firm	NOUN
hassl-848	614	13	following	follow	VERB
hassl-848	614	14	sarbanes	sarbanes	PROPN
hassl-848	614	15	-	-	PUNCT
hassl-848	614	16	oxley	oxley	NOUN
hassl-848	614	17	.	.	PUNCT
hassl-848	615	1	journal	journal	PROPN
hassl-848	615	2	of	of	ADP
hassl-848	615	3	banking	banking	NOUN
hassl-848	615	4	&	&	CCONJ
hassl-848	615	5	finance	finance	PROPN
hassl-848	615	6	,	,	PUNCT
hassl-848	615	7	32(10	32(10	NUM
hassl-848	615	8	)	)	PUNCT
hassl-848	615	9	,	,	PUNCT
hassl-848	615	10	2124–2135.available	2124–2135.available	NUM
hassl-848	615	11	at	at	ADP
hassl-848	615	12	:	:	PUNCT
hassl-848	615	13	https://doi.org/10.1016/j.jbankfin.2007.12.037	https://doi.org/10.1016/j.jbankfin.2007.12.037	ADJ
hassl-848	615	14	.	.	PUNCT
hassl-848	615	15	albuquerue	albuquerue	NOUN
hassl-848	615	16	,	,	PUNCT
hassl-848	615	17	r.	r.	PROPN
hassl-848	615	18	,	,	PUNCT
hassl-848	615	19	&	&	CCONJ
hassl-848	615	20	wang	wang	PROPN
hassl-848	615	21	,	,	PUNCT
hassl-848	615	22	n.	n.	PROPN
hassl-848	615	23	(	(	PUNCT
hassl-848	615	24	2008	2008	NUM
hassl-848	615	25	)	)	PUNCT
hassl-848	615	26	.	.	PUNCT
hassl-848	616	1	agency	agency	NOUN
hassl-848	616	2	conflicts	conflict	NOUN
hassl-848	616	3	,	,	PUNCT
hassl-848	616	4	investment	investment	NOUN
hassl-848	616	5	,	,	PUNCT
hassl-848	616	6	and	and	CCONJ
hassl-848	616	7	asset	asset	NOUN
hassl-848	616	8	pricing	pricing	NOUN
hassl-848	616	9	.	.	PUNCT
hassl-848	617	1	the	the	DET
hassl-848	617	2	journal	journal	PROPN
hassl-848	617	3	of	of	ADP
hassl-848	617	4	finance	finance	NOUN
hassl-848	617	5	,	,	PUNCT
hassl-848	617	6	63(1	63(1	NUM
hassl-848	617	7	)	)	PUNCT
hassl-848	617	8	,	,	PUNCT
hassl-848	617	9	1-40.available	1-40.available	NUM
hassl-848	617	10	at	at	ADP
hassl-848	617	11	:	:	PUNCT
hassl-848	617	12	https://doi.org/10.1111/j.1540-6261.2008.01309.x	https://doi.org/10.1111/j.1540-6261.2008.01309.x	PROPN
hassl-848	617	13	.	.	PUNCT
hassl-848	618	1	alexakis	alexakis	PROPN
hassl-848	618	2	,	,	PUNCT
hassl-848	618	3	c.	c.	PROPN
hassl-848	618	4	a.	a.	PROPN
hassl-848	618	5	,	,	PUNCT
hassl-848	618	6	balios	balios	PROPN
hassl-848	618	7	,	,	PUNCT
hassl-848	618	8	d.	d.	PROPN
hassl-848	618	9	,	,	PUNCT
hassl-848	618	10	papagelis	papagelis	PROPN
hassl-848	618	11	,	,	PUNCT
hassl-848	618	12	g.	g.	PROPN
hassl-848	618	13	,	,	PUNCT
hassl-848	618	14	&	&	CCONJ
hassl-848	618	15	xanthakis	xanthakis	PROPN
hassl-848	618	16	,	,	PUNCT
hassl-848	618	17	m.	m.	NOUN
hassl-848	618	18	(	(	PUNCT
hassl-848	618	19	2006	2006	NUM
hassl-848	618	20	)	)	PUNCT
hassl-848	618	21	.	.	PUNCT
hassl-848	619	1	an	an	DET
hassl-848	619	2	empirical	empirical	ADJ
hassl-848	619	3	investigation	investigation	NOUN
hassl-848	619	4	of	of	ADP
hassl-848	619	5	the	the	DET
hassl-848	619	6	visible	visible	ADJ
hassl-848	619	7	effects	effect	NOUN
hassl-848	619	8	of	of	ADP
hassl-848	619	9	corporate	corporate	ADJ
hassl-848	619	10	governance	governance	NOUN
hassl-848	619	11	:	:	PUNCT
hassl-848	619	12	the	the	DET
hassl-848	619	13	case	case	NOUN
hassl-848	619	14	of	of	ADP
hassl-848	619	15	greece	greece	PROPN
hassl-848	619	16	.	.	PUNCT
hassl-848	619	17	mangerial	mangerial	PROPN
hassl-848	619	18	finance	finance	NOUN
hassl-848	619	19	,	,	PUNCT
hassl-848	619	20	32(8	32(8	NUM
hassl-848	619	21	)	)	PUNCT
hassl-848	619	22	,	,	PUNCT
hassl-848	619	23	673–684	673–684	NUM
hassl-848	619	24	.	.	PUNCT
hassl-848	620	1	amer	amer	PROPN
hassl-848	620	2	,	,	PUNCT
hassl-848	620	3	m.	m.	NOUN
hassl-848	620	4	,	,	PUNCT
hassl-848	620	5	ragab	ragab	VERB
hassl-848	620	6	,	,	PUNCT
hassl-848	620	7	a.	a.	NOUN
hassl-848	620	8	,	,	PUNCT
hassl-848	620	9	&	&	CCONJ
hassl-848	620	10	shehata	shehata	PROPN
hassl-848	620	11	,	,	PUNCT
hassl-848	620	12	s.	s.	PROPN
hassl-848	620	13	(	(	PUNCT
hassl-848	620	14	2014	2014	NUM
hassl-848	620	15	)	)	PUNCT
hassl-848	620	16	.	.	PUNCT
hassl-848	621	1	audit	audit	NOUN
hassl-848	621	2	committee	committee	NOUN
hassl-848	621	3	characteristics	characteristic	NOUN
hassl-848	621	4	and	and	CCONJ
hassl-848	621	5	firm	firm	ADJ
hassl-848	621	6	performance	performance	NOUN
hassl-848	621	7	:	:	PUNCT
hassl-848	621	8	evidence	evidence	NOUN
hassl-848	621	9	from	from	ADP
hassl-848	621	10	egyptian	egyptian	PROPN
hassl-848	621	11	listed	list	VERB
hassl-848	621	12	companies,(june	companies,(june	PROPN
hassl-848	621	13	)	)	PUNCT
hassl-848	621	14	.	.	PUNCT
hassl-848	622	1	amihud	amihud	PROPN
hassl-848	622	2	,	,	PUNCT
hassl-848	622	3	y.	y.	PROPN
hassl-848	622	4	,	,	PUNCT
hassl-848	622	5	&	&	CCONJ
hassl-848	622	6	mendelson	mendelson	PROPN
hassl-848	622	7	,	,	PUNCT
hassl-848	622	8	h.	h.	PROPN
hassl-848	622	9	(	(	PUNCT
hassl-848	622	10	1989	1989	NUM
hassl-848	622	11	)	)	PUNCT
hassl-848	622	12	.	.	PUNCT
hassl-848	623	1	the	the	DET
hassl-848	623	2	effects	effect	NOUN
hassl-848	623	3	of	of	ADP
hassl-848	623	4	beta	beta	NOUN
hassl-848	623	5	,	,	PUNCT
hassl-848	623	6	bid	bid	NOUN
hassl-848	623	7	-	-	PUNCT
hassl-848	623	8	ask	ask	NOUN
hassl-848	623	9	spread	spread	NOUN
hassl-848	623	10	,	,	PUNCT
hassl-848	623	11	residual	residual	ADJ
hassl-848	623	12	risk	risk	NOUN
hassl-848	623	13	,	,	PUNCT
hassl-848	623	14	and	and	CCONJ
hassl-848	623	15	size	size	NOUN
hassl-848	623	16	on	on	ADP
hassl-848	623	17	stock	stock	NOUN
hassl-848	623	18	returns	return	NOUN
hassl-848	623	19	.	.	PUNCT
hassl-848	624	1	the	the	DET
hassl-848	624	2	journal	journal	PROPN
hassl-848	624	3	of	of	ADP
hassl-848	624	4	finance	finance	NOUN
hassl-848	624	5	,	,	PUNCT
hassl-848	624	6	44(2	44(2	NOUN
hassl-848	624	7	)	)	PUNCT
hassl-848	624	8	,	,	PUNCT
hassl-848	624	9	479-486.available	479-486.available	NUM
hassl-848	624	10	at	at	ADP
hassl-848	624	11	:	:	PUNCT
hassl-848	624	12	https://doi.org/10.1111/j.1540-6261.1989.tb05067.x	https://doi.org/10.1111/j.1540-6261.1989.tb05067.x	PROPN
hassl-848	624	13	.	.	PROPN
hassl-848	624	14	amran	amran	PROPN
hassl-848	624	15	,	,	PUNCT
hassl-848	624	16	a.	a.	NOUN
hassl-848	624	17	,	,	PUNCT
hassl-848	624	18	bin	bin	PROPN
hassl-848	624	19	,	,	PUNCT
hassl-848	624	20	a.	a.	PROPN
hassl-848	624	21	m.	m.	PROPN
hassl-848	624	22	r.	r.	PROPN
hassl-848	624	23	,	,	PUNCT
hassl-848	624	24	&	&	CCONJ
hassl-848	624	25	hassan	hassan	PROPN
hassl-848	624	26	,	,	PUNCT
hassl-848	624	27	b.	b.	PROPN
hassl-848	624	28	c.	c.	PROPN
hassl-848	624	29	h.	h.	PROPN
hassl-848	624	30	m.	m.	PROPN
hassl-848	624	31	(	(	PUNCT
hassl-848	624	32	2009	2009	NUM
hassl-848	624	33	)	)	PUNCT
hassl-848	624	34	.	.	PUNCT
hassl-848	625	1	risk	risk	NOUN
hassl-848	625	2	reporting	reporting	NOUN
hassl-848	625	3	:	:	PUNCT
hassl-848	625	4	an	an	DET
hassl-848	625	5	exploratory	exploratory	ADJ
hassl-848	625	6	study	study	NOUN
hassl-848	625	7	on	on	ADP
hassl-848	625	8	risk	risk	NOUN
hassl-848	625	9	management	management	NOUN
hassl-848	625	10	disclosure	disclosure	NOUN
hassl-848	625	11	in	in	ADP
hassl-848	625	12	malaysian	malaysian	ADJ
hassl-848	625	13	annual	annual	ADJ
hassl-848	625	14	reports	report	NOUN
hassl-848	625	15	risk	risk	NOUN
hassl-848	625	16	reporting	report	VERB
hassl-848	625	17	an	an	DET
hassl-848	625	18	exploratory	exploratory	ADJ
hassl-848	625	19	study	study	NOUN
hassl-848	625	20	on	on	ADP
hassl-848	625	21	risk	risk	NOUN
hassl-848	625	22	management	management	NOUN
hassl-848	625	23	disclosure	disclosure	NOUN
hassl-848	625	24	in	in	ADP
hassl-848	625	25	malaysian	malaysian	ADJ
hassl-848	625	26	annual	annual	ADJ
hassl-848	625	27	reports	report	NOUN
hassl-848	625	28	.	.	PUNCT
hassl-848	626	1	managerial	managerial	ADJ
hassl-848	626	2	auditing	auditing	NOUN
hassl-848	626	3	journal	journal	NOUN
hassl-848	626	4	,	,	PUNCT
hassl-848	626	5	24(1	24(1	NUM
hassl-848	626	6	)	)	PUNCT
hassl-848	626	7	,	,	PUNCT
hassl-848	626	8	39-57.available	39-57.available	NUM
hassl-848	626	9	at	at	ADP
hassl-848	626	10	:	:	PUNCT
hassl-848	626	11	https://doi.org/10.1108/02686900910919893	https://doi.org/10.1108/02686900910919893	NOUN
hassl-848	626	12	.	.	PUNCT
hassl-848	627	1	anderson	anderson	PROPN
hassl-848	627	2	,	,	PUNCT
hassl-848	627	3	r.	r.	PROPN
hassl-848	627	4	c.	c.	PROPN
hassl-848	627	5	,	,	PUNCT
hassl-848	627	6	mansi	mansi	PROPN
hassl-848	627	7	,	,	PUNCT
hassl-848	627	8	s.	s.	PROPN
hassl-848	627	9	a.	a.	PROPN
hassl-848	627	10	,	,	PUNCT
hassl-848	627	11	&	&	CCONJ
hassl-848	627	12	reeb	reeb	PROPN
hassl-848	627	13	,	,	PUNCT
hassl-848	627	14	d.	d.	PROPN
hassl-848	627	15	m.	m.	PROPN
hassl-848	627	16	(	(	PUNCT
hassl-848	627	17	2004	2004	NUM
hassl-848	627	18	)	)	PUNCT
hassl-848	627	19	.	.	PUNCT
hassl-848	628	1	board	board	NOUN
hassl-848	628	2	characteristics	characteristic	NOUN
hassl-848	628	3	,	,	PUNCT
hassl-848	628	4	accounting	accounting	NOUN
hassl-848	628	5	report	report	NOUN
hassl-848	628	6	integrity	integrity	NOUN
hassl-848	628	7	,	,	PUNCT
hassl-848	628	8	and	and	CCONJ
hassl-848	628	9	the	the	DET
hassl-848	628	10	cost	cost	NOUN
hassl-848	628	11	of	of	ADP
hassl-848	628	12	debt	debt	NOUN
hassl-848	628	13	.	.	PUNCT
hassl-848	629	1	journal	journal	NOUN
hassl-848	629	2	of	of	ADP
hassl-848	629	3	accounting	accounting	NOUN
hassl-848	629	4	and	and	CCONJ
hassl-848	629	5	economics	economic	NOUN
hassl-848	629	6	,	,	PUNCT
hassl-848	629	7	37(3	37(3	NUM
hassl-848	629	8	)	)	PUNCT
hassl-848	629	9	,	,	PUNCT
hassl-848	629	10	315-342.available	315-342.available	NUM
hassl-848	629	11	at	at	ADP
hassl-848	629	12	:	:	PUNCT
hassl-848	629	13	https://doi.org/10.1016/j.jacceco.2004.01.004	https://doi.org/10.1016/j.jacceco.2004.01.004	PROPN
hassl-848	629	14	.	.	PUNCT
hassl-848	630	1	appelbaum	appelbaum	PROPN
hassl-848	630	2	,	,	PUNCT
hassl-848	630	3	s.	s.	PROPN
hassl-848	630	4	h.	h.	PROPN
hassl-848	630	5	,	,	PUNCT
hassl-848	630	6	vigneault	vigneault	PROPN
hassl-848	630	7	,	,	PUNCT
hassl-848	630	8	l.	l.	PROPN
hassl-848	630	9	,	,	PUNCT
hassl-848	630	10	walker	walker	PROPN
hassl-848	630	11	,	,	PUNCT
hassl-848	630	12	e.	e.	PROPN
hassl-848	630	13	,	,	PUNCT
hassl-848	630	14	&	&	CCONJ
hassl-848	630	15	shapiro	shapiro	PROPN
hassl-848	630	16	,	,	PUNCT
hassl-848	630	17	b.	b.	PROPN
hassl-848	630	18	t.	t.	PROPN
hassl-848	630	19	(	(	PUNCT
hassl-848	630	20	2009	2009	NUM
hassl-848	630	21	)	)	PUNCT
hassl-848	630	22	.	.	PUNCT
hassl-848	631	1	(	(	PUNCT
hassl-848	631	2	good	good	ADJ
hassl-848	631	3	)	)	PUNCT
hassl-848	631	4	corporate	corporate	ADJ
hassl-848	631	5	governance	governance	NOUN
hassl-848	631	6	and	and	CCONJ
hassl-848	631	7	the	the	DET
hassl-848	631	8	strategic	strategic	ADJ
hassl-848	631	9	integration	integration	NOUN
hassl-848	631	10	of	of	ADP
hassl-848	631	11	meso	meso	ADJ
hassl-848	631	12	ethics	ethic	NOUN
hassl-848	631	13	.	.	PUNCT
hassl-848	632	1	social	social	ADJ
hassl-848	632	2	responsibility	responsibility	NOUN
hassl-848	632	3	journal	journal	NOUN
hassl-848	632	4	,	,	PUNCT
hassl-848	632	5	5(4	5(4	NUM
hassl-848	632	6	)	)	PUNCT
hassl-848	632	7	,	,	PUNCT
hassl-848	632	8	525-539.available	525-539.available	NUM
hassl-848	632	9	at	at	ADP
hassl-848	632	10	:	:	PUNCT
hassl-848	632	11	https://doi.org/10.1108/17471110910995366	https://doi.org/10.1108/17471110910995366	INTJ
hassl-848	632	12	.	.	PUNCT
hassl-848	633	1	ashbaugh	ashbaugh	NOUN
hassl-848	633	2	-	-	PUNCT
hassl-848	633	3	skaife	skaife	NOUN
hassl-848	633	4	,	,	PUNCT
hassl-848	633	5	h.	h.	PROPN
hassl-848	633	6	,	,	PUNCT
hassl-848	633	7	collins	collins	PROPN
hassl-848	633	8	,	,	PUNCT
hassl-848	633	9	d.	d.	PROPN
hassl-848	633	10	w.	w.	PROPN
hassl-848	633	11	,	,	PUNCT
hassl-848	633	12	kinney	kinney	PROPN
hassl-848	633	13	,	,	PUNCT
hassl-848	633	14	w.	w.	PROPN
hassl-848	633	15	r.	r.	PROPN
hassl-848	633	16	,	,	PUNCT
hassl-848	633	17	&	&	CCONJ
hassl-848	633	18	lafond	lafond	PROPN
hassl-848	633	19	,	,	PUNCT
hassl-848	633	20	r.	r.	PROPN
hassl-848	633	21	(	(	PUNCT
hassl-848	633	22	2009	2009	NUM
hassl-848	633	23	)	)	PUNCT
hassl-848	633	24	.	.	PUNCT
hassl-848	634	1	the	the	DET
hassl-848	634	2	effect	effect	NOUN
hassl-848	634	3	of	of	ADP
hassl-848	634	4	sox	sox	PROPN
hassl-848	634	5	internal	internal	ADJ
hassl-848	634	6	control	control	NOUN
hassl-848	634	7	deficiencies	deficiency	NOUN
hassl-848	634	8	on	on	ADP
hassl-848	634	9	firm	firm	ADJ
hassl-848	634	10	risk	risk	NOUN
hassl-848	634	11	and	and	CCONJ
hassl-848	634	12	cost	cost	NOUN
hassl-848	634	13	of	of	ADP
hassl-848	634	14	equity	equity	NOUN
hassl-848	634	15	.	.	PUNCT
hassl-848	635	1	journal	journal	PROPN
hassl-848	635	2	of	of	ADP
hassl-848	635	3	accounting	accounting	NOUN
hassl-848	635	4	research	research	NOUN
hassl-848	635	5	,	,	PUNCT
hassl-848	635	6	47(1	47(1	NUM
hassl-848	635	7	)	)	PUNCT
hassl-848	635	8	,	,	PUNCT
hassl-848	635	9	1–43.available	1–43.available	NUM
hassl-848	635	10	at	at	ADP
hassl-848	635	11	:	:	PUNCT
hassl-848	635	12	https://doi.org/10.1111/j.1475679x.2008.00315.x	https://doi.org/10.1111/j.1475679x.2008.00315.x	PROPN
hassl-848	635	13	.	.	PUNCT
hassl-848	635	14	ashbaugh	ashbaugh	PROPN
hassl-848	635	15	,	,	PUNCT
hassl-848	635	16	h.	h.	PROPN
hassl-848	635	17	,	,	PUNCT
hassl-848	635	18	collins	collins	PROPN
hassl-848	635	19	,	,	PUNCT
hassl-848	635	20	d.	d.	PROPN
hassl-848	635	21	w.	w.	PROPN
hassl-848	635	22	,	,	PUNCT
hassl-848	635	23	&	&	CCONJ
hassl-848	635	24	lafond	lafond	PROPN
hassl-848	635	25	,	,	PUNCT
hassl-848	635	26	r.	r.	PROPN
hassl-848	635	27	(	(	PUNCT
hassl-848	635	28	2004	2004	NUM
hassl-848	635	29	)	)	PUNCT
hassl-848	635	30	.	.	PUNCT
hassl-848	636	1	corporate	corporate	ADJ
hassl-848	636	2	governance	governance	NOUN
hassl-848	636	3	and	and	CCONJ
hassl-848	636	4	the	the	DET
hassl-848	636	5	cost	cost	NOUN
hassl-848	636	6	of	of	ADP
hassl-848	636	7	equity	equity	NOUN
hassl-848	636	8	capital	capital	NOUN
hassl-848	636	9	.	.	PUNCT
hassl-848	637	1	ssrn	ssrn	PROPN
hassl-848	637	2	electronic	electronic	ADJ
hassl-848	637	3	journal	journal	NOUN
hassl-848	637	4	,	,	PUNCT
hassl-848	637	5	(	(	PUNCT
hassl-848	637	6	december).available	december).available	ADJ
hassl-848	637	7	at	at	ADP
hassl-848	637	8	:	:	PUNCT
hassl-848	637	9	https://doi.org/10.2139/ssrn.639681	https://doi.org/10.2139/ssrn.639681	PROPN
hassl-848	637	10	.	.	PUNCT
hassl-848	637	11	atan	atan	PROPN
hassl-848	637	12	,	,	PUNCT
hassl-848	637	13	r.	r.	PROPN
hassl-848	637	14	,	,	PUNCT
hassl-848	637	15	maruhun	maruhun	PROPN
hassl-848	637	16	,	,	PUNCT
hassl-848	637	17	e.	e.	PROPN
hassl-848	637	18	n.	n.	PROPN
hassl-848	637	19	s.	s.	PROPN
hassl-848	637	20	,	,	PUNCT
hassl-848	637	21	abdul	abdul	PROPN
hassl-848	637	22	,	,	PUNCT
hassl-848	637	23	w.	w.	PROPN
hassl-848	637	24	h.	h.	PROPN
hassl-848	637	25	w.	w.	PROPN
hassl-848	637	26	,	,	PUNCT
hassl-848	637	27	&	&	CCONJ
hassl-848	637	28	jusoff	jusoff	PROPN
hassl-848	637	29	,	,	PUNCT
hassl-848	637	30	k.	k.	PROPN
hassl-848	637	31	(	(	PUNCT
hassl-848	637	32	2010	2010	NUM
hassl-848	637	33	)	)	PUNCT
hassl-848	637	34	.	.	PUNCT
hassl-848	638	1	annual	annual	ADJ
hassl-848	638	2	risk	risk	NOUN
hassl-848	638	3	reporting	reporting	NOUN
hassl-848	638	4	of	of	ADP
hassl-848	638	5	listed	list	VERB
hassl-848	638	6	companies	company	NOUN
hassl-848	638	7	in	in	ADP
hassl-848	638	8	malaysia	malaysia	PROPN
hassl-848	638	9	.	.	PUNCT
hassl-848	639	1	journal	journal	PROPN
hassl-848	639	2	of	of	ADP
hassl-848	639	3	modern	modern	ADJ
hassl-848	639	4	accounting	accounting	NOUN
hassl-848	639	5	and	and	CCONJ
hassl-848	639	6	auditing	auditing	NOUN
hassl-848	639	7	,	,	PUNCT
hassl-848	639	8	6(8	6(8	NUM
hassl-848	639	9	)	)	PUNCT
hassl-848	639	10	,	,	PUNCT
hassl-848	639	11	26	26	NUM
hassl-848	639	12	-	-	SYM
hassl-848	639	13	38	38	NUM
hassl-848	639	14	.	.	PUNCT
hassl-848	640	1	humanities	humanity	NOUN
hassl-848	640	2	and	and	CCONJ
hassl-848	640	3	social	social	ADJ
hassl-848	640	4	sciences	science	NOUN
hassl-848	640	5	letters	letter	NOUN
hassl-848	640	6	,	,	PUNCT
hassl-848	640	7	2020	2020	NUM
hassl-848	640	8	,	,	PUNCT
hassl-848	640	9	8(2	8(2	NUM
hassl-848	640	10	):	):	PUNCT
hassl-848	640	11	169	169	NUM
hassl-848	640	12	-	-	SYM
hassl-848	640	13	193	193	NUM
hassl-848	640	14	189	189	NUM
hassl-848	640	15	©	©	PROPN
hassl-848	640	16	2020	2020	NUM
hassl-848	640	17	conscientia	conscientia	PROPN
hassl-848	640	18	beam	beam	PROPN
hassl-848	640	19	.	.	PUNCT
hassl-848	641	1	all	all	DET
hassl-848	641	2	rights	right	NOUN
hassl-848	641	3	reserved	reserve	VERB
hassl-848	641	4	.	.	PUNCT
hassl-848	642	1	balachandran	balachandran	PROPN
hassl-848	642	2	,	,	PUNCT
hassl-848	642	3	b.	b.	PROPN
hassl-848	642	4	,	,	PUNCT
hassl-848	642	5	&	&	CCONJ
hassl-848	642	6	faff	faff	PROPN
hassl-848	642	7	,	,	PUNCT
hassl-848	642	8	r.	r.	PROPN
hassl-848	642	9	(	(	PUNCT
hassl-848	642	10	2015	2015	NUM
hassl-848	642	11	)	)	PUNCT
hassl-848	642	12	.	.	PUNCT
hassl-848	643	1	corporate	corporate	ADJ
hassl-848	643	2	governance	governance	NOUN
hassl-848	643	3	,	,	PUNCT
hassl-848	643	4	firm	firm	ADJ
hassl-848	643	5	value	value	NOUN
hassl-848	643	6	and	and	CCONJ
hassl-848	643	7	risk	risk	NOUN
hassl-848	643	8	:	:	PUNCT
hassl-848	643	9	past	past	ADJ
hassl-848	643	10	,	,	PUNCT
hassl-848	643	11	present	present	ADJ
hassl-848	643	12	,	,	PUNCT
hassl-848	643	13	and	and	CCONJ
hassl-848	643	14	future	future	NOUN
hassl-848	643	15	.	.	PUNCT
hassl-848	644	1	pacific	pacific	ADJ
hassl-848	644	2	-	-	PUNCT
hassl-848	644	3	basin	basin	NOUN
hassl-848	644	4	finance	finance	NOUN
hassl-848	644	5	journal	journal	NOUN
hassl-848	644	6	,	,	PUNCT
hassl-848	644	7	35	35	NUM
hassl-848	644	8	,	,	PUNCT
hassl-848	644	9	1-12.available	1-12.available	NUM
hassl-848	644	10	at	at	ADP
hassl-848	644	11	:	:	PUNCT
hassl-848	644	12	https://doi.org/10.1016/j.pacfin.2015.07.002	https://doi.org/10.1016/j.pacfin.2015.07.002	X
hassl-848	644	13	.	.	PUNCT
hassl-848	645	1	barreiro	barreiro	PROPN
hassl-848	645	2	,	,	PUNCT
hassl-848	645	3	p.	p.	PROPN
hassl-848	645	4	l.	l.	PROPN
hassl-848	645	5	,	,	PUNCT
hassl-848	645	6	&	&	CCONJ
hassl-848	645	7	albandoz	albandoz	PROPN
hassl-848	645	8	,	,	PUNCT
hassl-848	645	9	j.	j.	PROPN
hassl-848	645	10	p.	p.	PROPN
hassl-848	645	11	(	(	PUNCT
hassl-848	645	12	2001	2001	NUM
hassl-848	645	13	)	)	PUNCT
hassl-848	645	14	.	.	PUNCT
hassl-848	646	1	population	population	NOUN
hassl-848	646	2	and	and	CCONJ
hassl-848	646	3	sample	sample	NOUN
hassl-848	646	4	.	.	PUNCT
hassl-848	647	1	sampling	sample	VERB
hassl-848	647	2	techniques	technique	NOUN
hassl-848	647	3	.	.	PUNCT
hassl-848	648	1	management	management	NOUN
hassl-848	648	2	mathematics	mathematic	NOUN
hassl-848	648	3	for	for	ADP
hassl-848	648	4	european	european	PROPN
hassl-848	648	5	schools	school	NOUN
hassl-848	648	6	,	,	PUNCT
hassl-848	648	7	1(1	1(1	NUM
hassl-848	648	8	)	)	PUNCT
hassl-848	648	9	,	,	PUNCT
hassl-848	648	10	1	1	NUM
hassl-848	648	11	-	-	SYM
hassl-848	648	12	18	18	NUM
hassl-848	648	13	.	.	PUNCT
hassl-848	649	1	bédard	bédard	PROPN
hassl-848	649	2	,	,	PUNCT
hassl-848	649	3	j.	j.	PROPN
hassl-848	649	4	,	,	PUNCT
hassl-848	649	5	chtourou	chtourou	PROPN
hassl-848	649	6	,	,	PUNCT
hassl-848	649	7	s.	s.	PROPN
hassl-848	649	8	m.	m.	PROPN
hassl-848	649	9	,	,	PUNCT
hassl-848	649	10	&	&	CCONJ
hassl-848	649	11	courteau	courteau	PROPN
hassl-848	649	12	,	,	PUNCT
hassl-848	649	13	l.	l.	PROPN
hassl-848	649	14	(	(	PUNCT
hassl-848	649	15	2004	2004	NUM
hassl-848	649	16	)	)	PUNCT
hassl-848	649	17	.	.	PUNCT
hassl-848	650	1	the	the	DET
hassl-848	650	2	effect	effect	NOUN
hassl-848	650	3	of	of	ADP
hassl-848	650	4	audit	audit	NOUN
hassl-848	650	5	committee	committee	NOUN
hassl-848	650	6	expertise	expertise	NOUN
hassl-848	650	7	,	,	PUNCT
hassl-848	650	8	independence	independence	NOUN
hassl-848	650	9	,	,	PUNCT
hassl-848	650	10	and	and	CCONJ
hassl-848	650	11	activity	activity	NOUN
hassl-848	650	12	on	on	ADP
hassl-848	650	13	aggressive	aggressive	ADJ
hassl-848	650	14	earnings	earning	NOUN
hassl-848	650	15	management	management	NOUN
hassl-848	650	16	.	.	PUNCT
hassl-848	651	1	auditing	auditing	NOUN
hassl-848	651	2	:	:	PUNCT
hassl-848	651	3	a	a	DET
hassl-848	651	4	journal	journal	NOUN
hassl-848	651	5	of	of	ADP
hassl-848	651	6	practice	practice	NOUN
hassl-848	651	7	&	&	CCONJ
hassl-848	651	8	theory	theory	NOUN
hassl-848	651	9	,	,	PUNCT
hassl-848	651	10	23(2	23(2	NOUN
hassl-848	651	11	)	)	PUNCT
hassl-848	651	12	,	,	PUNCT
hassl-848	651	13	13-35.available	13-35.available	ADJ
hassl-848	651	14	at	at	ADP
hassl-848	651	15	:	:	PUNCT
hassl-848	651	16	https://doi.org/10.2308/aud.2004.23.2.13	https://doi.org/10.2308/aud.2004.23.2.13	PROPN
hassl-848	651	17	.	.	PUNCT
hassl-848	651	18	botosan	botosan	PROPN
hassl-848	651	19	,	,	PUNCT
hassl-848	651	20	c.	c.	PROPN
hassl-848	651	21	a.	a.	PROPN
hassl-848	651	22	(	(	PUNCT
hassl-848	651	23	1997	1997	NUM
hassl-848	651	24	)	)	PUNCT
hassl-848	651	25	.	.	PUNCT
hassl-848	652	1	disclosure	disclosure	NOUN
hassl-848	652	2	level	level	NOUN
hassl-848	652	3	and	and	CCONJ
hassl-848	652	4	the	the	DET
hassl-848	652	5	cost	cost	NOUN
hassl-848	652	6	of	of	ADP
hassl-848	652	7	equity	equity	NOUN
hassl-848	652	8	capital	capital	NOUN
hassl-848	652	9	.	.	PUNCT
hassl-848	653	1	accounting	accounting	NOUN
hassl-848	653	2	review	review	PROPN
hassl-848	653	3	,	,	PUNCT
hassl-848	653	4	72(3	72(3	NUM
hassl-848	653	5	)	)	PUNCT
hassl-848	653	6	,	,	PUNCT
hassl-848	653	7	323-349.available	323-349.available	NUM
hassl-848	653	8	at	at	ADP
hassl-848	653	9	:	:	PUNCT
hassl-848	653	10	https://doi.org/10.1002/mde.1256	https://doi.org/10.1002/mde.1256	PROPN
hassl-848	653	11	.	.	PUNCT
hassl-848	654	1	bozec	bozec	ADJ
hassl-848	654	2	.	.	PUNCT
hassl-848	654	3	,	,	PUNCT
hassl-848	655	1	y.	y.	PROPN
hassl-848	655	2	,	,	PUNCT
hassl-848	655	3	&	&	CCONJ
hassl-848	655	4	bozec	bozec	ADJ
hassl-848	655	5	,	,	PUNCT
hassl-848	655	6	r.	r.	PROPN
hassl-848	655	7	(	(	PUNCT
hassl-848	655	8	2011	2011	NUM
hassl-848	655	9	)	)	PUNCT
hassl-848	655	10	.	.	PUNCT
hassl-848	656	1	corporate	corporate	ADJ
hassl-848	656	2	governance	governance	NOUN
hassl-848	656	3	quality	quality	NOUN
hassl-848	656	4	and	and	CCONJ
hassl-848	656	5	the	the	DET
hassl-848	656	6	cost	cost	NOUN
hassl-848	656	7	of	of	ADP
hassl-848	656	8	capital	capital	NOUN
hassl-848	656	9	.	.	PUNCT
hassl-848	657	1	international	international	ADJ
hassl-848	657	2	journal	journal	NOUN
hassl-848	657	3	of	of	ADP
hassl-848	657	4	corporate	corporate	ADJ
hassl-848	657	5	governance	governance	NOUN
hassl-848	657	6	,	,	PUNCT
hassl-848	657	7	2(3	2(3	NUM
hassl-848	657	8	-	-	SYM
hassl-848	657	9	4	4	NUM
hassl-848	657	10	)	)	PUNCT
hassl-848	657	11	,	,	PUNCT
hassl-848	657	12	217-236.available	217-236.available	NUM
hassl-848	657	13	at	at	ADP
hassl-848	657	14	:	:	PUNCT
hassl-848	657	15	https://doi.org/10.1504/ijcg.2011.044376	https://doi.org/10.1504/ijcg.2011.044376	PROPN
hassl-848	657	16	.	.	PUNCT
hassl-848	657	17	bradley	bradley	PROPN
hassl-848	657	18	,	,	PUNCT
hassl-848	657	19	m.	m.	NOUN
hassl-848	657	20	,	,	PUNCT
hassl-848	657	21	&	&	CCONJ
hassl-848	657	22	chen	chen	PROPN
hassl-848	657	23	,	,	PUNCT
hassl-848	657	24	d.	d.	PROPN
hassl-848	657	25	(	(	PUNCT
hassl-848	657	26	2015	2015	NUM
hassl-848	657	27	)	)	PUNCT
hassl-848	657	28	.	.	PUNCT
hassl-848	658	1	does	do	AUX
hassl-848	658	2	board	board	NOUN
hassl-848	658	3	independence	independence	NOUN
hassl-848	658	4	reduce	reduce	VERB
hassl-848	658	5	the	the	DET
hassl-848	658	6	cost	cost	NOUN
hassl-848	658	7	of	of	ADP
hassl-848	658	8	debt	debt	NOUN
hassl-848	658	9	?	?	PUNCT
hassl-848	659	1	financial	financial	ADJ
hassl-848	659	2	management	management	NOUN
hassl-848	659	3	,	,	PUNCT
hassl-848	659	4	44(1	44(1	PROPN
hassl-848	659	5	)	)	PUNCT
hassl-848	659	6	,	,	PUNCT
hassl-848	659	7	15-47.available	15-47.available	ADJ
hassl-848	659	8	at	at	ADP
hassl-848	659	9	:	:	PUNCT
hassl-848	659	10	https://doi.org/10.1111/fima.12068	https://doi.org/10.1111/fima.12068	NUM
hassl-848	659	11	.	.	PUNCT
hassl-848	660	1	brick	brick	NOUN
hassl-848	660	2	,	,	PUNCT
hassl-848	660	3	i.	i.	PROPN
hassl-848	660	4	e.	e.	PROPN
hassl-848	660	5	,	,	PUNCT
hassl-848	660	6	&	&	CCONJ
hassl-848	660	7	chidambaran	chidambaran	PROPN
hassl-848	660	8	,	,	PUNCT
hassl-848	660	9	k.	k.	PROPN
hassl-848	660	10	(	(	PUNCT
hassl-848	660	11	2005	2005	NUM
hassl-848	660	12	)	)	PUNCT
hassl-848	660	13	.	.	PUNCT
hassl-848	661	1	board	board	NOUN
hassl-848	661	2	monitoring	monitoring	NOUN
hassl-848	661	3	and	and	CCONJ
hassl-848	661	4	firm	firm	ADJ
hassl-848	661	5	risk	risk	NOUN
hassl-848	661	6	.	.	PUNCT
hassl-848	662	1	business	business	NOUN
hassl-848	662	2	.	.	PUNCT
hassl-848	663	1	byun	byun	NOUN
hassl-848	663	2	,	,	PUNCT
hassl-848	663	3	h.-y	h.-y	NOUN
hassl-848	663	4	.	.	PUNCT
hassl-848	663	5	,	,	PUNCT
hassl-848	663	6	kwak	kwak	PROPN
hassl-848	663	7	,	,	PUNCT
hassl-848	663	8	s.-k	s.-k	PROPN
hassl-848	663	9	.	.	PROPN
hassl-848	663	10	,	,	PUNCT
hassl-848	663	11	&	&	CCONJ
hassl-848	663	12	hwang	hwang	PROPN
hassl-848	663	13	,	,	PUNCT
hassl-848	663	14	l.-s	l.-s	PROPN
hassl-848	663	15	.	.	PUNCT
hassl-848	664	1	(	(	PUNCT
hassl-848	664	2	2008	2008	NUM
hassl-848	664	3	)	)	PUNCT
hassl-848	664	4	.	.	PUNCT
hassl-848	665	1	the	the	DET
hassl-848	665	2	implied	imply	VERB
hassl-848	665	3	cost	cost	NOUN
hassl-848	665	4	of	of	ADP
hassl-848	665	5	equity	equity	NOUN
hassl-848	665	6	capital	capital	NOUN
hassl-848	665	7	and	and	CCONJ
hassl-848	665	8	corporate	corporate	ADJ
hassl-848	665	9	governance	governance	NOUN
hassl-848	665	10	practices	practice	NOUN
hassl-848	665	11	.	.	PUNCT
hassl-848	666	1	asiapacific	asiapacific	ADJ
hassl-848	666	2	journal	journal	NOUN
hassl-848	666	3	of	of	ADP
hassl-848	666	4	financial	financial	ADJ
hassl-848	666	5	studies	study	NOUN
hassl-848	666	6	,	,	PUNCT
hassl-848	666	7	37(1	37(1	NUM
hassl-848	666	8	)	)	PUNCT
hassl-848	666	9	,	,	PUNCT
hassl-848	666	10	139	139	NUM
hassl-848	666	11	-	-	SYM
hassl-848	666	12	184	184	NUM
hassl-848	666	13	.	.	PUNCT
hassl-848	667	1	carcello	carcello	PROPN
hassl-848	667	2	,	,	PUNCT
hassl-848	667	3	j.	j.	PROPN
hassl-848	667	4	v.	v.	PROPN
hassl-848	667	5	,	,	PUNCT
hassl-848	667	6	&	&	CCONJ
hassl-848	667	7	neal	neal	PROPN
hassl-848	667	8	,	,	PUNCT
hassl-848	667	9	t.	t.	PROPN
hassl-848	667	10	l.	l.	PROPN
hassl-848	667	11	(	(	PUNCT
hassl-848	667	12	2000	2000	NUM
hassl-848	667	13	)	)	PUNCT
hassl-848	667	14	.	.	PUNCT
hassl-848	668	1	audit	audit	NOUN
hassl-848	668	2	committee	committee	NOUN
hassl-848	668	3	composition	composition	NOUN
hassl-848	668	4	and	and	CCONJ
hassl-848	668	5	auditor	auditor	NOUN
hassl-848	668	6	reporting	reporting	NOUN
hassl-848	668	7	.	.	PUNCT
hassl-848	669	1	the	the	DET
hassl-848	669	2	accounting	accounting	NOUN
hassl-848	669	3	review	review	NOUN
hassl-848	669	4	,	,	PUNCT
hassl-848	669	5	75(4	75(4	NOUN
hassl-848	669	6	)	)	PUNCT
hassl-848	669	7	,	,	PUNCT
hassl-848	669	8	453467.available	453467.available	ADJ
hassl-848	669	9	at	at	ADP
hassl-848	669	10	:	:	PUNCT
hassl-848	669	11	https://doi.org/10.2308/accr.2000.75.4.453	https://doi.org/10.2308/accr.2000.75.4.453	NOUN
hassl-848	669	12	.	.	PUNCT
hassl-848	670	1	chen	chen	PROPN
hassl-848	670	2	,	,	PUNCT
hassl-848	670	3	k.	k.	PROPN
hassl-848	670	4	c.	c.	PROPN
hassl-848	670	5	w.	w.	PROPN
hassl-848	670	6	,	,	PUNCT
hassl-848	670	7	chen	chen	PROPN
hassl-848	670	8	,	,	PUNCT
hassl-848	670	9	z.	z.	PROPN
hassl-848	670	10	,	,	PUNCT
hassl-848	670	11	&	&	CCONJ
hassl-848	670	12	wei	wei	PROPN
hassl-848	670	13	,	,	PUNCT
hassl-848	670	14	k.	k.	PROPN
hassl-848	670	15	c.	c.	PROPN
hassl-848	670	16	j.	j.	PROPN
hassl-848	670	17	(	(	PUNCT
hassl-848	670	18	2009	2009	NUM
hassl-848	670	19	)	)	PUNCT
hassl-848	670	20	.	.	PUNCT
hassl-848	671	1	legal	legal	ADJ
hassl-848	671	2	protection	protection	NOUN
hassl-848	671	3	of	of	ADP
hassl-848	671	4	investors	investor	NOUN
hassl-848	671	5	,	,	PUNCT
hassl-848	671	6	corporate	corporate	ADJ
hassl-848	671	7	governance	governance	NOUN
hassl-848	671	8	,	,	PUNCT
hassl-848	671	9	and	and	CCONJ
hassl-848	671	10	the	the	DET
hassl-848	671	11	cost	cost	NOUN
hassl-848	671	12	of	of	ADP
hassl-848	671	13	equity	equity	NOUN
hassl-848	671	14	capital	capital	NOUN
hassl-848	671	15	.	.	PUNCT
hassl-848	672	1	journal	journal	NOUN
hassl-848	672	2	of	of	ADP
hassl-848	672	3	corporate	corporate	ADJ
hassl-848	672	4	finance	finance	NOUN
hassl-848	672	5	,	,	PUNCT
hassl-848	672	6	15(3	15(3	NUM
hassl-848	672	7	)	)	PUNCT
hassl-848	672	8	,	,	PUNCT
hassl-848	672	9	273–289.available	273–289.available	NUM
hassl-848	672	10	at	at	ADP
hassl-848	672	11	:	:	PUNCT
hassl-848	672	12	https://doi.org/10.1016/j.jcorpfin.2009.01.001	https://doi.org/10.1016/j.jcorpfin.2009.01.001	PROPN
hassl-848	672	13	.	.	PUNCT
hassl-848	673	1	cheng	cheng	PROPN
hassl-848	673	2	,	,	PUNCT
hassl-848	673	3	z.	z.	PROPN
hassl-848	673	4	,	,	PUNCT
hassl-848	673	5	cheok	cheok	PROPN
hassl-848	673	6	,	,	PUNCT
hassl-848	673	7	c.	c.	PROPN
hassl-848	673	8	k.	k.	PROPN
hassl-848	673	9	,	,	PUNCT
hassl-848	673	10	&	&	CCONJ
hassl-848	673	11	rasiah	rasiah	PROPN
hassl-848	673	12	,	,	PUNCT
hassl-848	673	13	r.	r.	PROPN
hassl-848	673	14	(	(	PUNCT
hassl-848	673	15	2016	2016	NUM
hassl-848	673	16	)	)	PUNCT
hassl-848	673	17	.	.	PUNCT
hassl-848	674	1	board	board	NOUN
hassl-848	674	2	independence	independence	NOUN
hassl-848	674	3	,	,	PUNCT
hassl-848	674	4	state	state	NOUN
hassl-848	674	5	ownership	ownership	NOUN
hassl-848	674	6	and	and	CCONJ
hassl-848	674	7	stock	stock	NOUN
hassl-848	674	8	return	return	NOUN
hassl-848	674	9	volatility	volatility	NOUN
hassl-848	674	10	in	in	ADP
hassl-848	674	11	chinese	chinese	ADJ
hassl-848	674	12	enterprises	enterprise	NOUN
hassl-848	674	13	since	since	SCONJ
hassl-848	674	14	reform	reform	NOUN
hassl-848	674	15	.	.	PUNCT
hassl-848	675	1	cheng	cheng	PROPN
hassl-848	675	2	..	..	PROPN
hassl-848	675	3	,	,	PUNCT
hassl-848	675	4	s.	s.	PROPN
hassl-848	675	5	(	(	PUNCT
hassl-848	675	6	2008	2008	NUM
hassl-848	675	7	)	)	PUNCT
hassl-848	675	8	.	.	PUNCT
hassl-848	676	1	board	board	NOUN
hassl-848	676	2	size	size	NOUN
hassl-848	676	3	and	and	CCONJ
hassl-848	676	4	the	the	DET
hassl-848	676	5	variability	variability	NOUN
hassl-848	676	6	of	of	ADP
hassl-848	676	7	corporate	corporate	ADJ
hassl-848	676	8	performance	performance	NOUN
hassl-848	676	9	.	.	PUNCT
hassl-848	677	1	journal	journal	NOUN
hassl-848	677	2	of	of	ADP
hassl-848	677	3	financial	financial	ADJ
hassl-848	677	4	economics	economic	NOUN
hassl-848	677	5	,	,	PUNCT
hassl-848	677	6	87(1	87(1	NUM
hassl-848	677	7	)	)	PUNCT
hassl-848	677	8	,	,	PUNCT
hassl-848	677	9	157176.available	157176.available	ADJ
hassl-848	677	10	at	at	ADP
hassl-848	677	11	:	:	PUNCT
hassl-848	677	12	https://doi.org/10.1016/j.jfineco.2006.10.006	https://doi.org/10.1016/j.jfineco.2006.10.006	NOUN
hassl-848	677	13	.	.	NOUN
hassl-848	677	14	claessens	claessen	NOUN
hassl-848	677	15	,	,	PUNCT
hassl-848	677	16	s.	s.	PROPN
hassl-848	677	17	(	(	PUNCT
hassl-848	677	18	2006	2006	NUM
hassl-848	677	19	)	)	PUNCT
hassl-848	677	20	.	.	PUNCT
hassl-848	678	1	corporate	corporate	ADJ
hassl-848	678	2	governance	governance	NOUN
hassl-848	678	3	and	and	CCONJ
hassl-848	678	4	development	development	NOUN
hassl-848	678	5	.	.	PUNCT
hassl-848	679	1	world	world	PROPN
hassl-848	679	2	bank	bank	PROPN
hassl-848	679	3	research	research	PROPN
hassl-848	679	4	observer	observer	PROPN
hassl-848	679	5	,	,	PUNCT
hassl-848	679	6	21(1	21(1	NUM
hassl-848	679	7	)	)	PUNCT
hassl-848	679	8	,	,	PUNCT
hassl-848	679	9	91–122.available	91–122.available	ADJ
hassl-848	679	10	at	at	ADP
hassl-848	679	11	:	:	PUNCT
hassl-848	679	12	https://doi.org/10.1093/wbro/lkj004	https://doi.org/10.1093/wbro/lkj004	PROPN
hassl-848	679	13	.	.	PUNCT
hassl-848	680	1	cohen	cohen	PROPN
hassl-848	680	2	,	,	PUNCT
hassl-848	680	3	j.	j.	PROPN
hassl-848	680	4	(	(	PUNCT
hassl-848	680	5	1988	1988	NUM
hassl-848	680	6	)	)	PUNCT
hassl-848	680	7	.	.	PUNCT
hassl-848	681	1	statistical	statistical	ADJ
hassl-848	681	2	power	power	NOUN
hassl-848	681	3	analysis	analysis	NOUN
hassl-848	681	4	for	for	ADP
hassl-848	681	5	the	the	DET
hassl-848	681	6	behavioral	behavioral	ADJ
hassl-848	681	7	sciences	science	NOUN
hassl-848	681	8	(	(	PUNCT
hassl-848	681	9	2nd	2nd	ADJ
hassl-848	681	10	ed	ed	NOUN
hassl-848	681	11	.	.	PUNCT
hassl-848	681	12	)	)	PUNCT
hassl-848	681	13	.	.	PUNCT
hassl-848	682	1	hillsdale	hillsdale	PROPN
hassl-848	682	2	,	,	PUNCT
hassl-848	682	3	nj	nj	PROPN
hassl-848	682	4	:	:	PUNCT
hassl-848	682	5	lawrence	lawrence	PROPN
hassl-848	682	6	earlbaum	earlbaum	PROPN
hassl-848	682	7	associates	associates	PROPN
hassl-848	682	8	.	.	PUNCT
hassl-848	683	1	core	core	PROPN
hassl-848	683	2	,	,	PUNCT
hassl-848	683	3	j.	j.	PROPN
hassl-848	683	4	e.	e.	PROPN
hassl-848	683	5	,	,	PUNCT
hassl-848	683	6	hail	hail	PROPN
hassl-848	683	7	,	,	PUNCT
hassl-848	683	8	l.	l.	PROPN
hassl-848	683	9	,	,	PUNCT
hassl-848	683	10	&	&	CCONJ
hassl-848	683	11	verdi	verdi	PROPN
hassl-848	683	12	,	,	PUNCT
hassl-848	683	13	r.	r.	PROPN
hassl-848	683	14	s.	s.	PROPN
hassl-848	683	15	(	(	PUNCT
hassl-848	683	16	2015	2015	NUM
hassl-848	683	17	)	)	PUNCT
hassl-848	683	18	.	.	PUNCT
hassl-848	684	1	mandatory	mandatory	ADJ
hassl-848	684	2	disclosure	disclosure	NOUN
hassl-848	684	3	quality	quality	NOUN
hassl-848	684	4	,	,	PUNCT
hassl-848	684	5	inside	inside	ADJ
hassl-848	684	6	ownership	ownership	NOUN
hassl-848	684	7	,	,	PUNCT
hassl-848	684	8	and	and	CCONJ
hassl-848	684	9	cost	cost	NOUN
hassl-848	684	10	of	of	ADP
hassl-848	684	11	capital	capital	NOUN
hassl-848	684	12	.	.	PUNCT
hassl-848	685	1	european	european	ADJ
hassl-848	685	2	accounting	accounting	PROPN
hassl-848	685	3	review	review	PROPN
hassl-848	685	4	,	,	PUNCT
hassl-848	685	5	24(1	24(1	NUM
hassl-848	685	6	)	)	PUNCT
hassl-848	685	7	,	,	PUNCT
hassl-848	685	8	1-29.available	1-29.available	ADJ
hassl-848	685	9	at	at	ADP
hassl-848	685	10	:	:	PUNCT
hassl-848	685	11	https://doi.org/10.1080/09638180.2014.985691	https://doi.org/10.1080/09638180.2014.985691	PROPN
hassl-848	685	12	.	.	PUNCT
hassl-848	685	13	culén	culén	PROPN
hassl-848	685	14	,	,	PUNCT
hassl-848	685	15	a.	a.	NOUN
hassl-848	685	16	l.	l.	PROPN
hassl-848	685	17	(	(	PUNCT
hassl-848	685	18	2010	2010	NUM
hassl-848	685	19	)	)	PUNCT
hassl-848	685	20	.	.	PUNCT
hassl-848	686	1	data	datum	NOUN
hassl-848	686	2	analysis	analysis	NOUN
hassl-848	686	3	,	,	PUNCT
hassl-848	686	4	interpretation	interpretation	NOUN
hassl-848	686	5	and	and	CCONJ
hassl-848	686	6	presentation	presentation	NOUN
hassl-848	686	7	.	.	PUNCT
hassl-848	687	1	2–28	2–28	NOUN
hassl-848	687	2	.	.	PUNCT
hassl-848	688	1	retrieved	retrieve	VERB
hassl-848	688	2	from	from	ADP
hassl-848	688	3	:	:	PUNCT
hassl-848	688	4	http://www.uio.no/studier/emner/matnat/ifi/inf4260/h4210/undervisningsmateriale/taanalysis.pdf	http://www.uio.no/studier/emner/matnat/ifi/inf4260/h4210/undervisningsmateriale/taanalysis.pdf	X
hassl-848	688	5	.	.	PUNCT
hassl-848	689	1	da	da	X
hassl-848	689	2	,	,	PUNCT
hassl-848	689	3	z.	z.	PROPN
hassl-848	689	4	,	,	PUNCT
hassl-848	689	5	guo	guo	PROPN
hassl-848	689	6	,	,	PUNCT
hassl-848	689	7	r.-j	r.-j	PROPN
hassl-848	689	8	.	.	PUNCT
hassl-848	689	9	,	,	PUNCT
hassl-848	689	10	&	&	CCONJ
hassl-848	689	11	jagannathan	jagannathan	PROPN
hassl-848	689	12	,	,	PUNCT
hassl-848	689	13	r.	r.	PROPN
hassl-848	689	14	(	(	PUNCT
hassl-848	689	15	2012	2012	NUM
hassl-848	689	16	)	)	PUNCT
hassl-848	689	17	.	.	PUNCT
hassl-848	690	1	capm	capm	PROPN
hassl-848	690	2	for	for	ADP
hassl-848	690	3	estimating	estimate	VERB
hassl-848	690	4	the	the	DET
hassl-848	690	5	cost	cost	NOUN
hassl-848	690	6	of	of	ADP
hassl-848	690	7	equity	equity	NOUN
hassl-848	690	8	capital	capital	NOUN
hassl-848	690	9	:	:	PUNCT
hassl-848	690	10	interpreting	interpret	VERB
hassl-848	690	11	the	the	DET
hassl-848	690	12	empirical	empirical	ADJ
hassl-848	690	13	evidence	evidence	NOUN
hassl-848	690	14	.	.	PUNCT
hassl-848	691	1	journal	journal	NOUN
hassl-848	691	2	of	of	ADP
hassl-848	691	3	financial	financial	ADJ
hassl-848	691	4	economics	economic	NOUN
hassl-848	691	5	,	,	PUNCT
hassl-848	691	6	103(1	103(1	NUM
hassl-848	691	7	)	)	PUNCT
hassl-848	691	8	,	,	PUNCT
hassl-848	691	9	204-220.available	204-220.available	NUM
hassl-848	691	10	at	at	ADP
hassl-848	691	11	:	:	PUNCT
hassl-848	691	12	https://doi.org/10.1016/j.jfineco.2011.08.011	https://doi.org/10.1016/j.jfineco.2011.08.011	PROPN
hassl-848	691	13	.	.	PUNCT
hassl-848	691	14	davidson	davidson	PROPN
hassl-848	691	15	,	,	PUNCT
hassl-848	691	16	r.	r.	PROPN
hassl-848	691	17	,	,	PUNCT
hassl-848	691	18	goodwin	goodwin	PROPN
hassl-848	691	19	-	-	PUNCT
hassl-848	691	20	stewart	stewart	PROPN
hassl-848	691	21	,	,	PUNCT
hassl-848	691	22	j.	j.	PROPN
hassl-848	691	23	,	,	PUNCT
hassl-848	691	24	&	&	CCONJ
hassl-848	691	25	kent	kent	PROPN
hassl-848	691	26	,	,	PUNCT
hassl-848	691	27	p.	p.	PROPN
hassl-848	691	28	(	(	PUNCT
hassl-848	691	29	2005	2005	NUM
hassl-848	691	30	)	)	PUNCT
hassl-848	691	31	.	.	PUNCT
hassl-848	692	1	internal	internal	ADJ
hassl-848	692	2	governance	governance	NOUN
hassl-848	692	3	structures	structure	NOUN
hassl-848	692	4	and	and	CCONJ
hassl-848	692	5	earnings	earning	NOUN
hassl-848	692	6	management	management	NOUN
hassl-848	692	7	.	.	PUNCT
hassl-848	693	1	accounting	accounting	NOUN
hassl-848	693	2	and	and	CCONJ
hassl-848	693	3	finance	finance	NOUN
hassl-848	693	4	,	,	PUNCT
hassl-848	693	5	45(2	45(2	NOUN
hassl-848	693	6	)	)	PUNCT
hassl-848	693	7	,	,	PUNCT
hassl-848	693	8	241–267.available	241–267.available	NUM
hassl-848	693	9	at	at	ADP
hassl-848	693	10	:	:	PUNCT
hassl-848	693	11	https://doi.org/10.1111/j.1467-629x.2004.00132.x	https://doi.org/10.1111/j.1467-629x.2004.00132.x	PROPN
hassl-848	693	12	.	.	PUNCT
hassl-848	694	1	deman	deman	PROPN
hassl-848	694	2	,	,	PUNCT
hassl-848	694	3	r.	r.	PROPN
hassl-848	694	4	,	,	PUNCT
hassl-848	694	5	jorissen	jorissen	PROPN
hassl-848	694	6	,	,	PUNCT
hassl-848	694	7	a.	a.	NOUN
hassl-848	694	8	,	,	PUNCT
hassl-848	694	9	&	&	CCONJ
hassl-848	694	10	laveren	laveren	PROPN
hassl-848	694	11	,	,	PUNCT
hassl-848	694	12	e.	e.	PROPN
hassl-848	694	13	(	(	PUNCT
hassl-848	694	14	2018	2018	NUM
hassl-848	694	15	)	)	PUNCT
hassl-848	694	16	.	.	PUNCT
hassl-848	695	1	board	board	NOUN
hassl-848	695	2	monitoring	monitoring	NOUN
hassl-848	695	3	in	in	ADP
hassl-848	695	4	a	a	DET
hassl-848	695	5	privately	privately	ADV
hassl-848	695	6	held	hold	VERB
hassl-848	695	7	firm	firm	NOUN
hassl-848	695	8	:	:	PUNCT
hassl-848	695	9	when	when	SCONJ
hassl-848	695	10	does	do	AUX
hassl-848	695	11	ceo	ceo	VERB
hassl-848	695	12	duality	duality	NOUN
hassl-848	695	13	matter	matter	NOUN
hassl-848	695	14	?	?	PUNCT
hassl-848	696	1	the	the	DET
hassl-848	696	2	moderating	moderate	VERB
hassl-848	696	3	effect	effect	NOUN
hassl-848	696	4	of	of	ADP
hassl-848	696	5	ownership	ownership	NOUN
hassl-848	696	6	.	.	PUNCT
hassl-848	697	1	journal	journal	NOUN
hassl-848	697	2	of	of	ADP
hassl-848	697	3	small	small	ADJ
hassl-848	697	4	business	business	NOUN
hassl-848	697	5	management	management	NOUN
hassl-848	697	6	,	,	PUNCT
hassl-848	697	7	56(2	56(2	ADJ
hassl-848	697	8	)	)	PUNCT
hassl-848	697	9	,	,	PUNCT
hassl-848	697	10	229-250.available	229-250.available	NUM
hassl-848	697	11	at	at	ADP
hassl-848	697	12	:	:	PUNCT
hassl-848	697	13	https://doi.org/10.1111/jsbm.12251	https://doi.org/10.1111/jsbm.12251	X
hassl-848	697	14	.	.	PUNCT
hassl-848	698	1	demidenko	demidenko	PROPN
hassl-848	698	2	,	,	PUNCT
hassl-848	698	3	e.	e.	PROPN
hassl-848	698	4	,	,	PUNCT
hassl-848	698	5	&	&	CCONJ
hassl-848	698	6	mcnutt	mcnutt	PROPN
hassl-848	698	7	,	,	PUNCT
hassl-848	698	8	p.	p.	PROPN
hassl-848	698	9	(	(	PUNCT
hassl-848	698	10	2010	2010	NUM
hassl-848	698	11	)	)	PUNCT
hassl-848	698	12	.	.	PUNCT
hassl-848	699	1	the	the	DET
hassl-848	699	2	ethics	ethic	NOUN
hassl-848	699	3	of	of	ADP
hassl-848	699	4	enterprise	enterprise	NOUN
hassl-848	699	5	risk	risk	NOUN
hassl-848	699	6	management	management	NOUN
hassl-848	699	7	as	as	ADP
hassl-848	699	8	a	a	DET
hassl-848	699	9	key	key	ADJ
hassl-848	699	10	component	component	NOUN
hassl-848	699	11	of	of	ADP
hassl-848	699	12	corporate	corporate	ADJ
hassl-848	699	13	governance	governance	NOUN
hassl-848	699	14	.	.	PUNCT
hassl-848	700	1	international	international	ADJ
hassl-848	700	2	journal	journal	NOUN
hassl-848	700	3	of	of	ADP
hassl-848	700	4	social	social	ADJ
hassl-848	700	5	economics	economic	NOUN
hassl-848	700	6	,	,	PUNCT
hassl-848	700	7	37(10	37(10	NUM
hassl-848	700	8	)	)	PUNCT
hassl-848	700	9	,	,	PUNCT
hassl-848	700	10	802–815.available	802–815.available	NUM
hassl-848	700	11	at	at	ADP
hassl-848	700	12	:	:	PUNCT
hassl-848	700	13	https://doi.org/10.1108/03068291011070462	https://doi.org/10.1108/03068291011070462	ADJ
hassl-848	700	14	.	.	PUNCT
hassl-848	701	1	derigs	derig	NOUN
hassl-848	701	2	,	,	PUNCT
hassl-848	701	3	u.	u.	PROPN
hassl-848	701	4	,	,	PUNCT
hassl-848	701	5	&	&	CCONJ
hassl-848	701	6	marzban	marzban	PROPN
hassl-848	701	7	,	,	PUNCT
hassl-848	701	8	s.	s.	PROPN
hassl-848	701	9	(	(	PUNCT
hassl-848	701	10	2008	2008	NUM
hassl-848	701	11	)	)	PUNCT
hassl-848	701	12	.	.	PUNCT
hassl-848	702	1	review	review	NOUN
hassl-848	702	2	and	and	CCONJ
hassl-848	702	3	analysis	analysis	NOUN
hassl-848	702	4	of	of	ADP
hassl-848	702	5	current	current	ADJ
hassl-848	702	6	shariah	shariah	PROPN
hassl-848	702	7	-	-	PUNCT
hassl-848	702	8	compliant	compliant	NOUN
hassl-848	702	9	equity	equity	NOUN
hassl-848	702	10	screening	screening	NOUN
hassl-848	702	11	practices	practice	NOUN
hassl-848	702	12	.	.	PUNCT
hassl-848	703	1	international	international	ADJ
hassl-848	703	2	journal	journal	PROPN
hassl-848	703	3	of	of	ADP
hassl-848	703	4	islamic	islamic	ADJ
hassl-848	703	5	and	and	CCONJ
hassl-848	703	6	middle	middle	ADJ
hassl-848	703	7	eastern	eastern	ADJ
hassl-848	703	8	finance	finance	NOUN
hassl-848	703	9	and	and	CCONJ
hassl-848	703	10	management	management	NOUN
hassl-848	703	11	,	,	PUNCT
hassl-848	703	12	1(4	1(4	NUM
hassl-848	703	13	)	)	PUNCT
hassl-848	703	14	,	,	PUNCT
hassl-848	703	15	285–303.available	285–303.available	NUM
hassl-848	703	16	at	at	ADP
hassl-848	703	17	:	:	PUNCT
hassl-848	703	18	https://doi.org/10.1108/17538390810919600	https://doi.org/10.1108/17538390810919600	PROPN
hassl-848	703	19	.	.	PUNCT
hassl-848	704	1	http://www.uio.no/studier/emner/matnat/ifi/inf4260/h4210/undervisningsmateriale/taanalysis.pdf	http://www.uio.no/studier/emner/matnat/ifi/inf4260/h4210/undervisningsmateriale/taanalysis.pdf	NUM
hassl-848	704	2	humanities	humanity	NOUN
hassl-848	704	3	and	and	CCONJ
hassl-848	704	4	social	social	ADJ
hassl-848	704	5	sciences	science	NOUN
hassl-848	704	6	letters	letter	NOUN
hassl-848	704	7	,	,	PUNCT
hassl-848	704	8	2020	2020	NUM
hassl-848	704	9	,	,	PUNCT
hassl-848	704	10	8(2	8(2	NUM
hassl-848	704	11	):	):	PUNCT
hassl-848	704	12	169	169	NUM
hassl-848	704	13	-	-	SYM
hassl-848	704	14	193	193	NUM
hassl-848	704	15	190	190	NUM
hassl-848	704	16	©	©	PROPN
hassl-848	704	17	2020	2020	NUM
hassl-848	704	18	conscientia	conscientia	PROPN
hassl-848	704	19	beam	beam	PROPN
hassl-848	704	20	.	.	PUNCT
hassl-848	705	1	all	all	DET
hassl-848	705	2	rights	right	NOUN
hassl-848	705	3	reserved	reserve	VERB
hassl-848	705	4	.	.	PUNCT
hassl-848	706	1	dharani	dharani	PROPN
hassl-848	706	2	,	,	PUNCT
hassl-848	706	3	m.	m.	NOUN
hassl-848	706	4	,	,	PUNCT
hassl-848	706	5	&	&	CCONJ
hassl-848	706	6	natarajan	natarajan	PROPN
hassl-848	706	7	,	,	PUNCT
hassl-848	706	8	p.	p.	NOUN
hassl-848	706	9	(	(	PUNCT
hassl-848	706	10	2011	2011	NUM
hassl-848	706	11	)	)	PUNCT
hassl-848	706	12	.	.	PUNCT
hassl-848	707	1	equanimity	equanimity	NOUN
hassl-848	707	2	of	of	ADP
hassl-848	707	3	risk	risk	NOUN
hassl-848	707	4	and	and	CCONJ
hassl-848	707	5	return	return	VERB
hassl-848	707	6	relationship	relationship	NOUN
hassl-848	707	7	between	between	ADP
hassl-848	707	8	shariah	shariah	PROPN
hassl-848	707	9	index	index	NOUN
hassl-848	707	10	and	and	CCONJ
hassl-848	707	11	general	general	ADJ
hassl-848	707	12	index	index	NOUN
hassl-848	707	13	in	in	ADP
hassl-848	707	14	india	india	PROPN
hassl-848	707	15	.	.	PUNCT
hassl-848	707	16	journal	journal	PROPN
hassl-848	707	17	of	of	ADP
hassl-848	707	18	economics	economic	NOUN
hassl-848	707	19	and	and	CCONJ
hassl-848	707	20	behavioral	behavioral	ADJ
hassl-848	707	21	studies	study	NOUN
hassl-848	707	22	(	(	PUNCT
hassl-848	707	23	jebs	jebs	NOUN
hassl-848	707	24	)	)	PUNCT
hassl-848	707	25	,	,	PUNCT
hassl-848	707	26	2(5	2(5	NUM
hassl-848	707	27	)	)	PUNCT
hassl-848	707	28	,	,	PUNCT
hassl-848	707	29	213-222.available	213-222.available	NUM
hassl-848	707	30	at	at	ADP
hassl-848	707	31	:	:	PUNCT
hassl-848	707	32	https://doi.org/10.22610/jebs.v2i5.239	https://doi.org/10.22610/jebs.v2i5.239	NOUN
hassl-848	707	33	.	.	PUNCT
hassl-848	708	1	edogbanya	edogbanya	PROPN
hassl-848	708	2	,	,	PUNCT
hassl-848	708	3	a.	a.	PROPN
hassl-848	708	4	,	,	PUNCT
hassl-848	708	5	&	&	CCONJ
hassl-848	708	6	kamardin	kamardin	PROPN
hassl-848	708	7	,	,	PUNCT
hassl-848	708	8	h.	h.	PROPN
hassl-848	708	9	(	(	PUNCT
hassl-848	708	10	2015	2015	NUM
hassl-848	708	11	)	)	PUNCT
hassl-848	708	12	.	.	PUNCT
hassl-848	709	1	the	the	DET
hassl-848	709	2	relationship	relationship	NOUN
hassl-848	709	3	between	between	ADP
hassl-848	709	4	audit	audit	NOUN
hassl-848	709	5	and	and	CCONJ
hassl-848	709	6	risk	risk	NOUN
hassl-848	709	7	management	management	NOUN
hassl-848	709	8	committees	committee	NOUN
hassl-848	709	9	on	on	ADP
hassl-848	709	10	financial	financial	ADJ
hassl-848	709	11	performance	performance	NOUN
hassl-848	709	12	of	of	ADP
hassl-848	709	13	non	non	ADJ
hassl-848	709	14	-	-	ADJ
hassl-848	709	15	financial	financial	ADJ
hassl-848	709	16	companies	company	NOUN
hassl-848	709	17	in	in	ADP
hassl-848	709	18	nigeria	nigeria	PROPN
hassl-848	709	19	:	:	PUNCT
hassl-848	709	20	a	a	DET
hassl-848	709	21	conceptual	conceptual	ADJ
hassl-848	709	22	review	review	NOUN
hassl-848	709	23	.	.	PUNCT
hassl-848	710	1	mediterranean	mediterranean	PROPN
hassl-848	710	2	journal	journal	PROPN
hassl-848	710	3	of	of	ADP
hassl-848	710	4	social	social	ADJ
hassl-848	710	5	sciences	science	NOUN
hassl-848	710	6	,	,	PUNCT
hassl-848	710	7	6(3	6(3	NUM
hassl-848	710	8	)	)	PUNCT
hassl-848	710	9	,	,	PUNCT
hassl-848	710	10	206-206.available	206-206.available	NUM
hassl-848	710	11	at	at	ADP
hassl-848	710	12	:	:	PUNCT
hassl-848	710	13	https://doi.org/10.5901/mjss.2015.v6n3p206	https://doi.org/10.5901/mjss.2015.v6n3p206	X
hassl-848	710	14	.	.	PUNCT
hassl-848	711	1	elmoatasem	elmoatasem	PROPN
hassl-848	711	2	abdelghany	abdelghany	PROPN
hassl-848	711	3	,	,	PUNCT
hassl-848	711	4	k.	k.	PROPN
hassl-848	711	5	(	(	PUNCT
hassl-848	711	6	2005	2005	NUM
hassl-848	711	7	)	)	PUNCT
hassl-848	711	8	.	.	PUNCT
hassl-848	712	1	disclosure	disclosure	NOUN
hassl-848	712	2	of	of	ADP
hassl-848	712	3	market	market	NOUN
hassl-848	712	4	risk	risk	NOUN
hassl-848	712	5	or	or	CCONJ
hassl-848	712	6	accounting	accounting	NOUN
hassl-848	712	7	measures	measure	NOUN
hassl-848	712	8	of	of	ADP
hassl-848	712	9	risk	risk	NOUN
hassl-848	712	10	:	:	PUNCT
hassl-848	712	11	an	an	DET
hassl-848	712	12	empirical	empirical	ADJ
hassl-848	712	13	study	study	NOUN
hassl-848	712	14	.	.	PUNCT
hassl-848	713	1	managerial	managerial	ADJ
hassl-848	713	2	auditing	auditing	NOUN
hassl-848	713	3	journal	journal	NOUN
hassl-848	713	4	,	,	PUNCT
hassl-848	713	5	20(8	20(8	NOUN
hassl-848	713	6	)	)	PUNCT
hassl-848	713	7	,	,	PUNCT
hassl-848	713	8	867–875.available	867–875.available	NUM
hassl-848	713	9	at	at	ADP
hassl-848	713	10	:	:	PUNCT
hassl-848	713	11	https://doi.org/10.1108/02686900510619692	https://doi.org/10.1108/02686900510619692	PROPN
hassl-848	713	12	.	.	PUNCT
hassl-848	713	13	embong	embong	PROPN
hassl-848	713	14	,	,	PUNCT
hassl-848	713	15	z.	z.	PROPN
hassl-848	713	16	,	,	PUNCT
hassl-848	713	17	mohd	mohd	PROPN
hassl-848	713	18	-	-	PUNCT
hassl-848	713	19	saleh	saleh	NOUN
hassl-848	713	20	,	,	PUNCT
hassl-848	713	21	n.	n.	NOUN
hassl-848	713	22	,	,	PUNCT
hassl-848	713	23	&	&	CCONJ
hassl-848	713	24	sabri	sabri	PROPN
hassl-848	713	25	hassan	hassan	PROPN
hassl-848	713	26	,	,	PUNCT
hassl-848	713	27	m.	m.	NOUN
hassl-848	713	28	(	(	PUNCT
hassl-848	713	29	2012	2012	NUM
hassl-848	713	30	)	)	PUNCT
hassl-848	713	31	.	.	PUNCT
hassl-848	714	1	firm	firm	ADJ
hassl-848	714	2	size	size	NOUN
hassl-848	714	3	,	,	PUNCT
hassl-848	714	4	disclosure	disclosure	NOUN
hassl-848	714	5	and	and	CCONJ
hassl-848	714	6	cost	cost	NOUN
hassl-848	714	7	of	of	ADP
hassl-848	714	8	equity	equity	NOUN
hassl-848	714	9	capital	capital	NOUN
hassl-848	714	10	.	.	PUNCT
hassl-848	715	1	asian	asian	ADJ
hassl-848	715	2	review	review	NOUN
hassl-848	715	3	of	of	ADP
hassl-848	715	4	accounting	accounting	NOUN
hassl-848	715	5	,	,	PUNCT
hassl-848	715	6	20(2	20(2	NUM
hassl-848	715	7	)	)	PUNCT
hassl-848	715	8	,	,	PUNCT
hassl-848	715	9	119–139.available	119–139.available	NUM
hassl-848	715	10	at	at	ADP
hassl-848	715	11	:	:	PUNCT
hassl-848	715	12	https://doi.org/10.1108/13217341211242178	https://doi.org/10.1108/13217341211242178	NOUN
hassl-848	715	13	.	.	PUNCT
hassl-848	716	1	fama	fama	PROPN
hassl-848	716	2	,	,	PUNCT
hassl-848	716	3	e.	e.	PROPN
hassl-848	716	4	f.	f.	PROPN
hassl-848	716	5	(	(	PUNCT
hassl-848	716	6	1980	1980	NUM
hassl-848	716	7	)	)	PUNCT
hassl-848	716	8	.	.	PUNCT
hassl-848	717	1	agency	agency	NOUN
hassl-848	717	2	problems	problem	NOUN
hassl-848	717	3	and	and	CCONJ
hassl-848	717	4	the	the	DET
hassl-848	717	5	theory	theory	NOUN
hassl-848	717	6	of	of	ADP
hassl-848	717	7	the	the	DET
hassl-848	717	8	firm	firm	NOUN
hassl-848	717	9	.	.	PUNCT
hassl-848	718	1	journal	journal	NOUN
hassl-848	718	2	of	of	ADP
hassl-848	718	3	political	political	ADJ
hassl-848	718	4	economy	economy	NOUN
hassl-848	718	5	,	,	PUNCT
hassl-848	718	6	88(2	88(2	NUM
hassl-848	718	7	)	)	PUNCT
hassl-848	718	8	,	,	PUNCT
hassl-848	718	9	288-307.available	288-307.available	NUM
hassl-848	718	10	at	at	ADP
hassl-848	718	11	:	:	PUNCT
hassl-848	718	12	https://doi.org/10.1086/260866	https://doi.org/10.1086/260866	PROPN
hassl-848	718	13	.	.	PUNCT
hassl-848	719	1	fama	fama	PROPN
hassl-848	719	2	,	,	PUNCT
hassl-848	719	3	e.	e.	PROPN
hassl-848	719	4	f.	f.	PROPN
hassl-848	719	5	,	,	PUNCT
hassl-848	719	6	&	&	CCONJ
hassl-848	719	7	jensen	jensen	PROPN
hassl-848	719	8	,	,	PUNCT
hassl-848	719	9	m.	m.	PROPN
hassl-848	719	10	c.	c.	PROPN
hassl-848	719	11	(	(	PUNCT
hassl-848	719	12	1983	1983	NUM
hassl-848	719	13	)	)	PUNCT
hassl-848	719	14	.	.	PUNCT
hassl-848	720	1	separation	separation	NOUN
hassl-848	720	2	of	of	ADP
hassl-848	720	3	ownership	ownership	NOUN
hassl-848	720	4	and	and	CCONJ
hassl-848	720	5	control	control	NOUN
hassl-848	720	6	.	.	PUNCT
hassl-848	721	1	the	the	DET
hassl-848	721	2	journal	journal	NOUN
hassl-848	721	3	of	of	ADP
hassl-848	721	4	law	law	NOUN
hassl-848	721	5	and	and	CCONJ
hassl-848	721	6	economics	economic	NOUN
hassl-848	721	7	,	,	PUNCT
hassl-848	721	8	26(2	26(2	NUM
hassl-848	721	9	)	)	PUNCT
hassl-848	721	10	,	,	PUNCT
hassl-848	721	11	301	301	NUM
hassl-848	721	12	-	-	SYM
hassl-848	721	13	325	325	NUM
hassl-848	721	14	.	.	PUNCT
hassl-848	722	1	fama	fama	PROPN
hassl-848	722	2	.	.	PUNCT
hassl-848	722	3	,	,	PUNCT
hassl-848	722	4	e.	e.	PROPN
hassl-848	722	5	f.	f.	PROPN
hassl-848	722	6	,	,	PUNCT
hassl-848	722	7	&	&	CCONJ
hassl-848	722	8	french	french	PROPN
hassl-848	722	9	,	,	PUNCT
hassl-848	722	10	k.	k.	PROPN
hassl-848	722	11	r.	r.	PROPN
hassl-848	722	12	(	(	PUNCT
hassl-848	722	13	2004	2004	NUM
hassl-848	722	14	)	)	PUNCT
hassl-848	722	15	.	.	PUNCT
hassl-848	723	1	the	the	DET
hassl-848	723	2	capital	capital	NOUN
hassl-848	723	3	asset	asset	NOUN
hassl-848	723	4	pricing	pricing	NOUN
hassl-848	723	5	model	model	NOUN
hassl-848	723	6	:	:	PUNCT
hassl-848	723	7	theory	theory	NOUN
hassl-848	723	8	and	and	CCONJ
hassl-848	723	9	evidence	evidence	NOUN
hassl-848	723	10	.	.	PUNCT
hassl-848	724	1	journal	journal	NOUN
hassl-848	724	2	of	of	ADP
hassl-848	724	3	economic	economic	ADJ
hassl-848	724	4	perspectives	perspective	NOUN
hassl-848	724	5	,	,	PUNCT
hassl-848	724	6	18(3	18(3	NUM
hassl-848	724	7	)	)	PUNCT
hassl-848	724	8	,	,	PUNCT
hassl-848	724	9	25–46.available	25–46.available	ADJ
hassl-848	724	10	at	at	ADP
hassl-848	724	11	:	:	PUNCT
hassl-848	724	12	https://doi.org/10.1257/0895330042162430	https://doi.org/10.1257/0895330042162430	PROPN
hassl-848	724	13	.	.	PUNCT
hassl-848	724	14	feroz	feroz	PROPN
hassl-848	724	15	,	,	PUNCT
hassl-848	724	16	e.	e.	PROPN
hassl-848	724	17	h.	h.	PROPN
hassl-848	724	18	,	,	PUNCT
hassl-848	724	19	johnston	johnston	PROPN
hassl-848	724	20	,	,	PUNCT
hassl-848	724	21	j.	j.	PROPN
hassl-848	724	22	,	,	PUNCT
hassl-848	724	23	reck	reck	PROPN
hassl-848	724	24	,	,	PUNCT
hassl-848	724	25	j.	j.	PROPN
hassl-848	724	26	l.	l.	PROPN
hassl-848	724	27	,	,	PUNCT
hassl-848	724	28	&	&	CCONJ
hassl-848	724	29	wilson	wilson	PROPN
hassl-848	724	30	,	,	PUNCT
hassl-848	724	31	e.	e.	PROPN
hassl-848	724	32	r.	r.	PROPN
hassl-848	724	33	(	(	PUNCT
hassl-848	724	34	2006	2006	NUM
hassl-848	724	35	)	)	PUNCT
hassl-848	724	36	.	.	PUNCT
hassl-848	725	1	the	the	DET
hassl-848	725	2	incremental	incremental	ADJ
hassl-848	725	3	value	value	NOUN
hassl-848	725	4	relevance	relevance	NOUN
hassl-848	725	5	of	of	ADP
hassl-848	725	6	firm	firm	ADJ
hassl-848	725	7	-	-	PUNCT
hassl-848	725	8	specific	specific	ADJ
hassl-848	725	9	risk	risk	NOUN
hassl-848	725	10	measures	measure	NOUN
hassl-848	725	11	in	in	ADP
hassl-848	725	12	pricing	price	VERB
hassl-848	725	13	junk	junk	NOUN
hassl-848	725	14	ipos	ipos	NOUN
hassl-848	725	15	.	.	PUNCT
hassl-848	726	1	review	review	NOUN
hassl-848	726	2	of	of	ADP
hassl-848	726	3	accounting	accounting	NOUN
hassl-848	726	4	and	and	CCONJ
hassl-848	726	5	finance	finance	NOUN
hassl-848	726	6	,	,	PUNCT
hassl-848	726	7	5(3	5(3	NUM
hassl-848	726	8	)	)	PUNCT
hassl-848	726	9	,	,	PUNCT
hassl-848	726	10	251–267.available	251–267.available	NUM
hassl-848	726	11	at	at	ADP
hassl-848	726	12	:	:	PUNCT
hassl-848	726	13	https://doi.org/10.1108/14757700610686804	https://doi.org/10.1108/14757700610686804	NOUN
hassl-848	726	14	.	.	PUNCT
hassl-848	726	15	field	field	NOUN
hassl-848	726	16	,	,	PUNCT
hassl-848	726	17	a.	a.	NOUN
hassl-848	726	18	(	(	PUNCT
hassl-848	726	19	2013	2013	NUM
hassl-848	726	20	)	)	PUNCT
hassl-848	726	21	.	.	PUNCT
hassl-848	727	1	discovering	discover	VERB
hassl-848	727	2	statistics	statistic	NOUN
hassl-848	727	3	using	use	VERB
hassl-848	727	4	r	r	NOUN
hassl-848	727	5	by	by	ADP
hassl-848	727	6	andy	andy	PROPN
hassl-848	727	7	field	field	PROPN
hassl-848	727	8	,	,	PUNCT
hassl-848	727	9	jeremy	jeremy	PROPN
hassl-848	727	10	miles	mile	NOUN
hassl-848	727	11	,	,	PUNCT
hassl-848	727	12	zoë	zoë	PROPN
hassl-848	727	13	field	field	NOUN
hassl-848	727	14	.	.	PUNCT
hassl-848	728	1	in	in	ADP
hassl-848	728	2	international	international	ADJ
hassl-848	728	3	statistical	statistical	ADJ
hassl-848	728	4	review	review	NOUN
hassl-848	728	5	,	,	PUNCT
hassl-848	728	6	81.available	81.available	NUM
hassl-848	728	7	at	at	ADP
hassl-848	728	8	:	:	PUNCT
hassl-848	728	9	https://doi.org/10.1111/insr.12011_21	https://doi.org/10.1111/insr.12011_21	PROPN
hassl-848	728	10	.	.	PUNCT
hassl-848	728	11	graham	graham	PROPN
hassl-848	728	12	,	,	PUNCT
hassl-848	728	13	j.	j.	PROPN
hassl-848	728	14	r.	r.	PROPN
hassl-848	728	15	,	,	PUNCT
hassl-848	728	16	&	&	CCONJ
hassl-848	728	17	harvey	harvey	PROPN
hassl-848	728	18	,	,	PUNCT
hassl-848	728	19	c.	c.	PROPN
hassl-848	728	20	r.	r.	PROPN
hassl-848	728	21	(	(	PUNCT
hassl-848	728	22	2001	2001	NUM
hassl-848	728	23	)	)	PUNCT
hassl-848	728	24	.	.	PUNCT
hassl-848	729	1	the	the	DET
hassl-848	729	2	theory	theory	NOUN
hassl-848	729	3	and	and	CCONJ
hassl-848	729	4	practice	practice	NOUN
hassl-848	729	5	of	of	ADP
hassl-848	729	6	corporate	corporate	ADJ
hassl-848	729	7	finance	finance	NOUN
hassl-848	729	8	:	:	PUNCT
hassl-848	729	9	evidence	evidence	NOUN
hassl-848	729	10	from	from	ADP
hassl-848	729	11	the	the	DET
hassl-848	729	12	field	field	NOUN
hassl-848	729	13	.	.	PUNCT
hassl-848	730	1	journal	journal	NOUN
hassl-848	730	2	of	of	ADP
hassl-848	730	3	financial	financial	ADJ
hassl-848	730	4	economics	economic	NOUN
hassl-848	730	5	,	,	PUNCT
hassl-848	730	6	60(2–3	60(2–3	PROPN
hassl-848	730	7	)	)	PUNCT
hassl-848	730	8	,	,	PUNCT
hassl-848	730	9	187–243.available	187–243.available	NUM
hassl-848	730	10	at	at	ADP
hassl-848	730	11	:	:	PUNCT
hassl-848	730	12	https://doi.org/10.1016/s0304-405x(01)00044-7	https://doi.org/10.1016/s0304-405x(01)00044-7	PROPN
hassl-848	730	13	.	.	PUNCT
hassl-848	731	1	groth	groth	PROPN
hassl-848	731	2	,	,	PUNCT
hassl-848	731	3	j.	j.	PROPN
hassl-848	731	4	c.	c.	PROPN
hassl-848	731	5	(	(	PUNCT
hassl-848	731	6	2002	2002	NUM
hassl-848	731	7	)	)	PUNCT
hassl-848	731	8	.	.	PUNCT
hassl-848	732	1	commonsense	commonsense	ADJ
hassl-848	732	2	risk	risk	NOUN
hassl-848	732	3	assessment	assessment	NOUN
hassl-848	732	4	.	.	PUNCT
hassl-848	733	1	gul	gul	PROPN
hassl-848	733	2	,	,	PUNCT
hassl-848	733	3	s.	s.	PROPN
hassl-848	733	4	,	,	PUNCT
hassl-848	733	5	rashid	rashid	PROPN
hassl-848	733	6	,	,	PUNCT
hassl-848	733	7	a.	a.	PROPN
hassl-848	733	8	,	,	PUNCT
hassl-848	733	9	&	&	CCONJ
hassl-848	733	10	muhammad	muhammad	PROPN
hassl-848	733	11	,	,	PUNCT
hassl-848	733	12	f.	f.	PROPN
hassl-848	733	13	(	(	PUNCT
hassl-848	733	14	2016	2016	NUM
hassl-848	733	15	)	)	PUNCT
hassl-848	733	16	.	.	PUNCT
hassl-848	734	1	the	the	DET
hassl-848	734	2	impact	impact	NOUN
hassl-848	734	3	of	of	ADP
hassl-848	734	4	corporate	corporate	ADJ
hassl-848	734	5	governance	governance	NOUN
hassl-848	734	6	on	on	ADP
hassl-848	734	7	cost	cost	NOUN
hassl-848	734	8	of	of	ADP
hassl-848	734	9	capital	capital	NOUN
hassl-848	734	10	:	:	PUNCT
hassl-848	734	11	the	the	DET
hassl-848	734	12	case	case	NOUN
hassl-848	734	13	of	of	ADP
hassl-848	734	14	small	small	ADJ
hassl-848	734	15	,	,	PUNCT
hassl-848	734	16	medium	medium	ADJ
hassl-848	734	17	,	,	PUNCT
hassl-848	734	18	and	and	CCONJ
hassl-848	734	19	large	large	ADJ
hassl-848	734	20	cap	cap	NOUN
hassl-848	734	21	firms	firm	NOUN
hassl-848	734	22	.	.	PUNCT
hassl-848	735	1	ibt	ibt	ADJ
hassl-848	735	2	journal	journal	PROPN
hassl-848	735	3	of	of	ADP
hassl-848	735	4	business	business	NOUN
hassl-848	735	5	studies	study	NOUN
hassl-848	735	6	(	(	PUNCT
hassl-848	735	7	jbs	jbs	NOUN
hassl-848	735	8	)	)	PUNCT
hassl-848	735	9	,	,	PUNCT
hassl-848	735	10	12(1	12(1	NUM
hassl-848	735	11	)	)	PUNCT
hassl-848	735	12	,	,	PUNCT
hassl-848	735	13	247–271	247–271	NUM
hassl-848	735	14	.	.	PUNCT
hassl-848	736	1	hair	hair	NOUN
hassl-848	736	2	,	,	PUNCT
hassl-848	736	3	j.	j.	PROPN
hassl-848	736	4	f.	f.	PROPN
hassl-848	736	5	,	,	PUNCT
hassl-848	736	6	black	black	PROPN
hassl-848	736	7	,	,	PUNCT
hassl-848	736	8	w.	w.	PROPN
hassl-848	736	9	c.	c.	PROPN
hassl-848	736	10	,	,	PUNCT
hassl-848	736	11	babin	babin	PROPN
hassl-848	736	12	,	,	PUNCT
hassl-848	736	13	b.	b.	PROPN
hassl-848	736	14	j.	j.	PROPN
hassl-848	736	15	,	,	PUNCT
hassl-848	736	16	&	&	CCONJ
hassl-848	736	17	anderson	anderson	PROPN
hassl-848	736	18	,	,	PUNCT
hassl-848	736	19	r.	r.	PROPN
hassl-848	736	20	e.	e.	PROPN
hassl-848	736	21	(	(	PUNCT
hassl-848	736	22	2010	2010	NUM
hassl-848	736	23	)	)	PUNCT
hassl-848	736	24	.	.	PUNCT
hassl-848	737	1	multivariate	multivariate	NOUN
hassl-848	737	2	data	datum	NOUN
hassl-848	737	3	analysis	analysis	NOUN
hassl-848	737	4	:	:	PUNCT
hassl-848	737	5	a	a	DET
hassl-848	737	6	global	global	ADJ
hassl-848	737	7	perspective	perspective	NOUN
hassl-848	737	8	.	.	PUNCT
hassl-848	738	1	new	new	PROPN
hassl-848	738	2	jersey	jersey	PROPN
hassl-848	738	3	:	:	PUNCT
hassl-848	738	4	pearson	pearson	PROPN
hassl-848	738	5	prentice	prentice	PROPN
hassl-848	738	6	hall	hall	PROPN
hassl-848	738	7	.	.	PUNCT
hassl-848	739	1	hamza	hamza	PROPN
hassl-848	739	2	,	,	PUNCT
hassl-848	739	3	h.	h.	PROPN
hassl-848	739	4	(	(	PUNCT
hassl-848	739	5	2016	2016	NUM
hassl-848	739	6	)	)	PUNCT
hassl-848	739	7	.	.	PUNCT
hassl-848	740	1	does	do	AUX
hassl-848	740	2	investment	investment	NOUN
hassl-848	740	3	deposit	deposit	NOUN
hassl-848	740	4	return	return	NOUN
hassl-848	740	5	in	in	ADP
hassl-848	740	6	islamic	islamic	ADJ
hassl-848	740	7	banks	bank	NOUN
hassl-848	740	8	reflect	reflect	VERB
hassl-848	740	9	pls	pls	PROPN
hassl-848	740	10	principle	principle	NOUN
hassl-848	740	11	?	?	PUNCT
hassl-848	741	1	borsa	borsa	PROPN
hassl-848	741	2	istanbul	istanbul	PROPN
hassl-848	741	3	review	review	PROPN
hassl-848	741	4	,	,	PUNCT
hassl-848	741	5	16(1	16(1	NUM
hassl-848	741	6	)	)	PUNCT
hassl-848	741	7	,	,	PUNCT
hassl-848	741	8	3242.available	3242.available	ADJ
hassl-848	741	9	at	at	ADP
hassl-848	741	10	:	:	PUNCT
hassl-848	741	11	https://doi.org/10.1016/j.bir.2015.12.001	https://doi.org/10.1016/j.bir.2015.12.001	PROPN
hassl-848	741	12	.	.	PUNCT
hassl-848	742	1	haniffa	haniffa	PROPN
hassl-848	742	2	,	,	PUNCT
hassl-848	742	3	r.	r.	PROPN
hassl-848	742	4	m.	m.	PROPN
hassl-848	742	5	,	,	PUNCT
hassl-848	742	6	&	&	CCONJ
hassl-848	742	7	cooke	cooke	PROPN
hassl-848	742	8	,	,	PUNCT
hassl-848	742	9	t.	t.	PROPN
hassl-848	742	10	e.	e.	PROPN
hassl-848	742	11	(	(	PUNCT
hassl-848	742	12	2002	2002	NUM
hassl-848	742	13	)	)	PUNCT
hassl-848	742	14	.	.	PUNCT
hassl-848	743	1	culture	culture	NOUN
hassl-848	743	2	,	,	PUNCT
hassl-848	743	3	corporate	corporate	ADJ
hassl-848	743	4	governance	governance	NOUN
hassl-848	743	5	and	and	CCONJ
hassl-848	743	6	disclosure	disclosure	NOUN
hassl-848	743	7	in	in	ADP
hassl-848	743	8	malaysian	malaysian	ADJ
hassl-848	743	9	corporations	corporation	NOUN
hassl-848	743	10	.	.	PUNCT
hassl-848	744	1	abacus	abacus	PROPN
hassl-848	744	2	,	,	PUNCT
hassl-848	744	3	38(3	38(3	NUM
hassl-848	744	4	)	)	PUNCT
hassl-848	744	5	,	,	PUNCT
hassl-848	744	6	317-349.available	317-349.available	NUM
hassl-848	744	7	at	at	ADP
hassl-848	744	8	:	:	PUNCT
hassl-848	744	9	https://doi.org/10.1111/1467-6281.00112	https://doi.org/10.1111/1467-6281.00112	PROPN
hassl-848	744	10	.	.	PUNCT
hassl-848	745	1	haniffa	haniffa	PROPN
hassl-848	745	2	.	.	PROPN
hassl-848	745	3	,	,	PUNCT
hassl-848	745	4	r.	r.	PROPN
hassl-848	745	5	m.	m.	PROPN
hassl-848	745	6	,	,	PUNCT
hassl-848	745	7	&	&	CCONJ
hassl-848	745	8	cooke	cooke	PROPN
hassl-848	745	9	,	,	PUNCT
hassl-848	745	10	t.	t.	PROPN
hassl-848	745	11	e.	e.	PROPN
hassl-848	745	12	(	(	PUNCT
hassl-848	745	13	2005	2005	NUM
hassl-848	745	14	)	)	PUNCT
hassl-848	745	15	.	.	PUNCT
hassl-848	746	1	the	the	DET
hassl-848	746	2	impact	impact	NOUN
hassl-848	746	3	of	of	ADP
hassl-848	746	4	culture	culture	NOUN
hassl-848	746	5	and	and	CCONJ
hassl-848	746	6	governance	governance	NOUN
hassl-848	746	7	on	on	ADP
hassl-848	746	8	corporate	corporate	ADJ
hassl-848	746	9	social	social	ADJ
hassl-848	746	10	reporting	reporting	NOUN
hassl-848	746	11	.	.	PUNCT
hassl-848	747	1	journal	journal	NOUN
hassl-848	747	2	of	of	ADP
hassl-848	747	3	accounting	accounting	NOUN
hassl-848	747	4	and	and	CCONJ
hassl-848	747	5	public	public	ADJ
hassl-848	747	6	policy	policy	NOUN
hassl-848	747	7	,	,	PUNCT
hassl-848	747	8	24(5	24(5	NOUN
hassl-848	747	9	)	)	PUNCT
hassl-848	747	10	,	,	PUNCT
hassl-848	747	11	391-430.available	391-430.available	NUM
hassl-848	747	12	at	at	ADP
hassl-848	747	13	:	:	PUNCT
hassl-848	747	14	https://doi.org/10.1016/j.jaccpubpol.2005.06.001	https://doi.org/10.1016/j.jaccpubpol.2005.06.001	NUM
hassl-848	747	15	.	.	PUNCT
hassl-848	747	16	ittner	ittner	PROPN
hassl-848	747	17	,	,	PUNCT
hassl-848	747	18	c.	c.	PROPN
hassl-848	747	19	d.	d.	PROPN
hassl-848	747	20	,	,	PUNCT
hassl-848	747	21	&	&	CCONJ
hassl-848	747	22	keusch	keusch	PROPN
hassl-848	747	23	,	,	PUNCT
hassl-848	747	24	t.	t.	PROPN
hassl-848	747	25	(	(	PUNCT
hassl-848	747	26	2015	2015	NUM
hassl-848	747	27	)	)	PUNCT
hassl-848	747	28	.	.	PUNCT
hassl-848	748	1	the	the	DET
hassl-848	748	2	influence	influence	NOUN
hassl-848	748	3	of	of	ADP
hassl-848	748	4	the	the	DET
hassl-848	748	5	board	board	NOUN
hassl-848	748	6	of	of	ADP
hassl-848	748	7	directors	director	NOUN
hassl-848	748	8	on	on	ADP
hassl-848	748	9	risk	risk	NOUN
hassl-848	748	10	management	management	NOUN
hassl-848	748	11	maturity	maturity	NOUN
hassl-848	748	12	and	and	CCONJ
hassl-848	748	13	firm	firm	ADJ
hassl-848	748	14	risk	risk	NOUN
hassl-848	748	15	taking	taking	NOUN
hassl-848	748	16	.	.	PUNCT
hassl-848	748	17	accounting	accounting	NOUN
hassl-848	748	18	and	and	CCONJ
hassl-848	748	19	finance	finance	NOUN
hassl-848	748	20	journal	journal	NOUN
hassl-848	748	21	,	,	PUNCT
hassl-848	748	22	2(1	2(1	NUM
hassl-848	748	23	)	)	PUNCT
hassl-848	748	24	,	,	PUNCT
hassl-848	748	25	45	45	NUM
hassl-848	748	26	-	-	SYM
hassl-848	748	27	50	50	NUM
hassl-848	748	28	.	.	PUNCT
hassl-848	749	1	jensen	jensen	PROPN
hassl-848	749	2	,	,	PUNCT
hassl-848	749	3	m.	m.	PROPN
hassl-848	749	4	c.	c.	PROPN
hassl-848	749	5	,	,	PUNCT
hassl-848	749	6	&	&	CCONJ
hassl-848	749	7	meckling	meckling	PROPN
hassl-848	749	8	,	,	PUNCT
hassl-848	749	9	w.	w.	PROPN
hassl-848	749	10	h.	h.	PROPN
hassl-848	749	11	(	(	PUNCT
hassl-848	749	12	1976	1976	NUM
hassl-848	749	13	)	)	PUNCT
hassl-848	749	14	.	.	PUNCT
hassl-848	750	1	theory	theory	NOUN
hassl-848	750	2	of	of	ADP
hassl-848	750	3	the	the	DET
hassl-848	750	4	firm	firm	NOUN
hassl-848	750	5	:	:	PUNCT
hassl-848	750	6	managerial	managerial	ADJ
hassl-848	750	7	.	.	PUNCT
hassl-848	751	1	journal	journal	PROPN
hassl-848	751	2	of	of	ADP
hassl-848	751	3	financial	financial	ADJ
hassl-848	751	4	economics	economic	NOUN
hassl-848	751	5	,	,	PUNCT
hassl-848	751	6	3	3	NUM
hassl-848	751	7	,	,	PUNCT
hassl-848	751	8	305–360.available	305–360.available	NUM
hassl-848	751	9	at	at	ADP
hassl-848	751	10	:	:	PUNCT
hassl-848	751	11	https://doi.org/http://dx.doi.org/10.1016/0304-405x(76)90026-x	https://doi.org/http://dx.doi.org/10.1016/0304-405x(76)90026-x	PROPN
hassl-848	751	12	.	.	PUNCT
hassl-848	751	13	jensen	jensen	PROPN
hassl-848	751	14	.	.	PROPN
hassl-848	751	15	,	,	PUNCT
hassl-848	751	16	m.	m.	PROPN
hassl-848	751	17	c.	c.	PROPN
hassl-848	751	18	(	(	PUNCT
hassl-848	751	19	1993	1993	NUM
hassl-848	751	20	)	)	PUNCT
hassl-848	751	21	.	.	PUNCT
hassl-848	752	1	the	the	DET
hassl-848	752	2	modern	modern	ADJ
hassl-848	752	3	industrial	industrial	ADJ
hassl-848	752	4	revolution	revolution	NOUN
hassl-848	752	5	,	,	PUNCT
hassl-848	752	6	exit	exit	NOUN
hassl-848	752	7	,	,	PUNCT
hassl-848	752	8	and	and	CCONJ
hassl-848	752	9	the	the	DET
hassl-848	752	10	failure	failure	NOUN
hassl-848	752	11	of	of	ADP
hassl-848	752	12	internal	internal	ADJ
hassl-848	752	13	control	control	NOUN
hassl-848	752	14	systems	system	NOUN
hassl-848	752	15	.	.	PUNCT
hassl-848	753	1	the	the	DET
hassl-848	753	2	journal	journal	PROPN
hassl-848	753	3	of	of	ADP
hassl-848	753	4	finance	finance	NOUN
hassl-848	753	5	,	,	PUNCT
hassl-848	753	6	48(3	48(3	PROPN
hassl-848	753	7	)	)	PUNCT
hassl-848	753	8	,	,	PUNCT
hassl-848	753	9	831-880.available	831-880.available	NUM
hassl-848	753	10	at	at	ADP
hassl-848	753	11	:	:	PUNCT
hassl-848	753	12	https://doi.org/10.1111/j.1540-6261.1993.tb04022.x	https://doi.org/10.1111/j.1540-6261.1993.tb04022.x	PROPN
hassl-848	753	13	.	.	PUNCT
hassl-848	754	1	ji	ji	PROPN
hassl-848	754	2	,	,	PUNCT
hassl-848	754	3	a.	a.	PROPN
hassl-848	754	4	e.	e.	PROPN
hassl-848	754	5	(	(	PUNCT
hassl-848	754	6	2016	2016	NUM
hassl-848	754	7	)	)	PUNCT
hassl-848	754	8	.	.	PUNCT
hassl-848	755	1	the	the	DET
hassl-848	755	2	impact	impact	NOUN
hassl-848	755	3	of	of	ADP
hassl-848	755	4	board	board	NOUN
hassl-848	755	5	size	size	NOUN
hassl-848	755	6	on	on	ADP
hassl-848	755	7	firm	firm	ADJ
hassl-848	755	8	-	-	PUNCT
hassl-848	755	9	level	level	NOUN
hassl-848	755	10	capital	capital	NOUN
hassl-848	755	11	investment	investment	NOUN
hassl-848	755	12	efficiency	efficiency	NOUN
hassl-848	755	13	.	.	PUNCT
hassl-848	756	1	international	international	ADJ
hassl-848	756	2	journal	journal	PROPN
hassl-848	756	3	of	of	ADP
hassl-848	756	4	economics	economic	NOUN
hassl-848	756	5	and	and	CCONJ
hassl-848	756	6	finance	finance	NOUN
hassl-848	756	7	,	,	PUNCT
hassl-848	756	8	8(10	8(10	NUM
hassl-848	756	9	)	)	PUNCT
hassl-848	756	10	,	,	PUNCT
hassl-848	756	11	110-120.available	110-120.available	NUM
hassl-848	756	12	at	at	ADP
hassl-848	756	13	:	:	PUNCT
hassl-848	756	14	https://doi.org/10.5539/ijef.v8n10p110	https://doi.org/10.5539/ijef.v8n10p110	PROPN
hassl-848	756	15	.	.	PUNCT
hassl-848	757	1	john	john	PROPN
hassl-848	757	2	,	,	PUNCT
hassl-848	757	3	k.	k.	PROPN
hassl-848	757	4	,	,	PUNCT
hassl-848	757	5	litov	litov	PROPN
hassl-848	757	6	,	,	PUNCT
hassl-848	757	7	l.	l.	PROPN
hassl-848	757	8	,	,	PUNCT
hassl-848	757	9	&	&	CCONJ
hassl-848	757	10	yeung	yeung	PROPN
hassl-848	757	11	,	,	PUNCT
hassl-848	757	12	b.	b.	PROPN
hassl-848	757	13	(	(	PUNCT
hassl-848	757	14	2008	2008	NUM
hassl-848	757	15	)	)	PUNCT
hassl-848	757	16	.	.	PUNCT
hassl-848	758	1	corporate	corporate	ADJ
hassl-848	758	2	governance	governance	NOUN
hassl-848	758	3	and	and	CCONJ
hassl-848	758	4	risk	risk	NOUN
hassl-848	758	5	-	-	PUNCT
hassl-848	758	6	taking	taking	NOUN
hassl-848	758	7	.	.	PUNCT
hassl-848	759	1	the	the	DET
hassl-848	759	2	journal	journal	NOUN
hassl-848	759	3	of	of	ADP
hassl-848	759	4	finance	finance	NOUN
hassl-848	759	5	,	,	PUNCT
hassl-848	759	6	63(4	63(4	NOUN
hassl-848	759	7	)	)	PUNCT
hassl-848	759	8	,	,	PUNCT
hassl-848	759	9	1679-1728.available	1679-1728.available	ADJ
hassl-848	759	10	at	at	ADP
hassl-848	759	11	:	:	PUNCT
hassl-848	759	12	https://doi.org/10.1111/j.1540-6261.2008.01372.x	https://doi.org/10.1111/j.1540-6261.2008.01372.x	NOUN
hassl-848	759	13	.	.	PUNCT
hassl-848	760	1	john	john	PROPN
hassl-848	760	2	.	.	PROPN
hassl-848	760	3	,	,	PUNCT
hassl-848	760	4	k.	k.	PROPN
hassl-848	760	5	,	,	PUNCT
hassl-848	760	6	litov	litov	PROPN
hassl-848	760	7	,	,	PUNCT
hassl-848	760	8	l.	l.	PROPN
hassl-848	760	9	,	,	PUNCT
hassl-848	760	10	&	&	CCONJ
hassl-848	760	11	yeung	yeung	PROPN
hassl-848	760	12	,	,	PUNCT
hassl-848	760	13	b.	b.	PROPN
hassl-848	760	14	(	(	PUNCT
hassl-848	760	15	2005	2005	NUM
hassl-848	760	16	)	)	PUNCT
hassl-848	760	17	.	.	PUNCT
hassl-848	761	1	corporate	corporate	ADJ
hassl-848	761	2	governance	governance	NOUN
hassl-848	761	3	and	and	CCONJ
hassl-848	761	4	managerial	managerial	ADJ
hassl-848	761	5	risk	risk	NOUN
hassl-848	761	6	taking	taking	NOUN
hassl-848	761	7	:	:	PUNCT
hassl-848	761	8	theory	theory	NOUN
hassl-848	761	9	and	and	CCONJ
hassl-848	761	10	evidence	evidence	NOUN
hassl-848	761	11	.	.	PUNCT
hassl-848	762	1	journal	journal	NOUN
hassl-848	762	2	of	of	ADP
hassl-848	762	3	finance	finance	NOUN
hassl-848	762	4	,	,	PUNCT
hassl-848	762	5	1–49	1–49	PROPN
hassl-848	762	6	.	.	PUNCT
hassl-848	763	1	humanities	humanity	NOUN
hassl-848	763	2	and	and	CCONJ
hassl-848	763	3	social	social	ADJ
hassl-848	763	4	sciences	science	NOUN
hassl-848	763	5	letters	letter	NOUN
hassl-848	763	6	,	,	PUNCT
hassl-848	763	7	2020	2020	NUM
hassl-848	763	8	,	,	PUNCT
hassl-848	763	9	8(2	8(2	NUM
hassl-848	763	10	):	):	PUNCT
hassl-848	763	11	169	169	NUM
hassl-848	763	12	-	-	SYM
hassl-848	763	13	193	193	NUM
hassl-848	763	14	191	191	NUM
hassl-848	763	15	©	©	PROPN
hassl-848	763	16	2020	2020	NUM
hassl-848	763	17	conscientia	conscientia	PROPN
hassl-848	763	18	beam	beam	PROPN
hassl-848	763	19	.	.	PUNCT
hassl-848	764	1	all	all	DET
hassl-848	764	2	rights	right	NOUN
hassl-848	764	3	reserved	reserve	VERB
hassl-848	764	4	.	.	PUNCT
hassl-848	765	1	kercher	kercher	PROPN
hassl-848	765	2	,	,	PUNCT
hassl-848	765	3	k.-l	k.-l	PROPN
hassl-848	765	4	.	.	PUNCT
hassl-848	766	1	(	(	PUNCT
hassl-848	766	2	2013	2013	NUM
hassl-848	766	3	)	)	PUNCT
hassl-848	766	4	.	.	PUNCT
hassl-848	767	1	a	a	DET
hassl-848	767	2	study	study	NOUN
hassl-848	767	3	of	of	ADP
hassl-848	767	4	board	board	NOUN
hassl-848	767	5	remuneration	remuneration	NOUN
hassl-848	767	6	committees	committee	NOUN
hassl-848	767	7	:	:	PUNCT
hassl-848	767	8	structure	structure	NOUN
hassl-848	767	9	and	and	CCONJ
hassl-848	767	10	effectiveness	effectiveness	NOUN
hassl-848	767	11	.	.	PUNCT
hassl-848	768	1	(	(	PUNCT
hassl-848	768	2	phd	phd	NOUN
hassl-848	768	3	theses	theses	PROPN
hassl-848	768	4	submitted	submit	VERB
hassl-848	768	5	to	to	ADP
hassl-848	768	6	bond	bond	NOUN
hassl-848	768	7	university	university	NOUN
hassl-848	768	8	,	,	PUNCT
hassl-848	768	9	qld	qld	PROPN
hassl-848	768	10	)	)	PUNCT
hassl-848	768	11	.	.	PUNCT
hassl-848	769	1	kevin	kevin	PROPN
hassl-848	769	2	,	,	PUNCT
hassl-848	769	3	c.	c.	PROPN
hassl-848	769	4	c.	c.	PROPN
hassl-848	769	5	,	,	PUNCT
hassl-848	769	6	wei	wei	PROPN
hassl-848	769	7	,	,	PUNCT
hassl-848	769	8	k.	k.	PROPN
hassl-848	769	9	,	,	PUNCT
hassl-848	769	10	&	&	CCONJ
hassl-848	769	11	chen	chen	PROPN
hassl-848	769	12	,	,	PUNCT
hassl-848	769	13	z.	z.	PROPN
hassl-848	769	14	(	(	PUNCT
hassl-848	769	15	2003	2003	NUM
hassl-848	769	16	)	)	PUNCT
hassl-848	769	17	.	.	PUNCT
hassl-848	770	1	disclosure	disclosure	NOUN
hassl-848	770	2	,	,	PUNCT
hassl-848	770	3	corporate	corporate	ADJ
hassl-848	770	4	governance	governance	NOUN
hassl-848	770	5	,	,	PUNCT
hassl-848	770	6	and	and	CCONJ
hassl-848	770	7	the	the	DET
hassl-848	770	8	cost	cost	NOUN
hassl-848	770	9	of	of	ADP
hassl-848	770	10	equity	equity	NOUN
hassl-848	770	11	capital	capital	NOUN
hassl-848	770	12	:	:	PUNCT
hassl-848	770	13	evidence	evidence	NOUN
hassl-848	770	14	from	from	ADP
hassl-848	770	15	asia	asia	PROPN
hassl-848	770	16	's	's	PART
hassl-848	770	17	emerging	emerge	VERB
hassl-848	770	18	markets	market	NOUN
hassl-848	770	19	.	.	PUNCT
hassl-848	771	1	corporate	corporate	ADJ
hassl-848	771	2	governance	governance	NOUN
hassl-848	771	3	,	,	PUNCT
hassl-848	771	4	and	and	CCONJ
hassl-848	771	5	the	the	DET
hassl-848	771	6	cost	cost	NOUN
hassl-848	771	7	of	of	ADP
hassl-848	771	8	equity	equity	NOUN
hassl-848	771	9	capital	capital	NOUN
hassl-848	771	10	:	:	PUNCT
hassl-848	771	11	evidence	evidence	NOUN
hassl-848	771	12	from	from	ADP
hassl-848	771	13	asia	asia	PROPN
hassl-848	771	14	's	's	PART
hassl-848	771	15	emerging	emerge	VERB
hassl-848	771	16	markets	market	NOUN
hassl-848	771	17	(	(	PUNCT
hassl-848	771	18	june	june	PROPN
hassl-848	771	19	2003	2003	NUM
hassl-848	771	20	)	)	PUNCT
hassl-848	771	21	.	.	PUNCT
hassl-848	772	1	khemakhem	khemakhem	PROPN
hassl-848	772	2	,	,	PUNCT
hassl-848	772	3	h.	h.	PROPN
hassl-848	772	4	,	,	PUNCT
hassl-848	772	5	&	&	CCONJ
hassl-848	772	6	naciri	naciri	PROPN
hassl-848	772	7	,	,	PUNCT
hassl-848	772	8	a.	a.	NOUN
hassl-848	772	9	(	(	PUNCT
hassl-848	772	10	2015	2015	NUM
hassl-848	772	11	)	)	PUNCT
hassl-848	772	12	.	.	PUNCT
hassl-848	773	1	corporate	corporate	ADJ
hassl-848	773	2	governance	governance	NOUN
hassl-848	773	3	structures	structure	NOUN
hassl-848	773	4	and	and	CCONJ
hassl-848	773	5	the	the	DET
hassl-848	773	6	performance	performance	NOUN
hassl-848	773	7	of	of	ADP
hassl-848	773	8	malaysian	malaysian	ADJ
hassl-848	773	9	public	public	ADJ
hassl-848	773	10	listed	list	VERB
hassl-848	773	11	companies	company	NOUN
hassl-848	773	12	.	.	PUNCT
hassl-848	774	1	journal	journal	PROPN
hassl-848	774	2	of	of	ADP
hassl-848	774	3	business	business	NOUN
hassl-848	774	4	and	and	CCONJ
hassl-848	774	5	management	management	NOUN
hassl-848	774	6	,	,	PUNCT
hassl-848	774	7	4(2	4(2	NUM
hassl-848	774	8	)	)	PUNCT
hassl-848	774	9	,	,	PUNCT
hassl-848	774	10	1–18	1–18	NUM
hassl-848	774	11	.	.	PUNCT
hassl-848	775	1	kim	kim	PROPN
hassl-848	775	2	,	,	PUNCT
hassl-848	775	3	k.-h	k.-h	PROPN
hassl-848	775	4	.	.	PUNCT
hassl-848	775	5	,	,	PUNCT
hassl-848	775	6	&	&	CCONJ
hassl-848	775	7	buchanan	buchanan	PROPN
hassl-848	775	8	,	,	PUNCT
hassl-848	775	9	r.	r.	PROPN
hassl-848	775	10	(	(	PUNCT
hassl-848	775	11	2008	2008	NUM
hassl-848	775	12	)	)	PUNCT
hassl-848	775	13	.	.	PUNCT
hassl-848	776	1	ceo	ceo	NOUN
hassl-848	776	2	duality	duality	NOUN
hassl-848	776	3	leadership	leadership	NOUN
hassl-848	776	4	and	and	CCONJ
hassl-848	776	5	firm	firm	ADJ
hassl-848	776	6	risk	risk	NOUN
hassl-848	776	7	-	-	PUNCT
hassl-848	776	8	taking	take	VERB
hassl-848	776	9	propensity	propensity	NOUN
hassl-848	776	10	.	.	PUNCT
hassl-848	777	1	journal	journal	NOUN
hassl-848	777	2	of	of	ADP
hassl-848	777	3	applied	apply	VERB
hassl-848	777	4	business	business	NOUN
hassl-848	777	5	research	research	NOUN
hassl-848	777	6	(	(	PUNCT
hassl-848	777	7	jabr	jabr	ADJ
hassl-848	777	8	)	)	PUNCT
hassl-848	777	9	,	,	PUNCT
hassl-848	777	10	24(1	24(1	NUM
hassl-848	777	11	)	)	PUNCT
hassl-848	777	12	,	,	PUNCT
hassl-848	777	13	27–41.available	27–41.available	NUM
hassl-848	777	14	at	at	ADP
hassl-848	777	15	:	:	PUNCT
hassl-848	777	16	https://doi.org/10.19030/jabr.v24i1.1364	https://doi.org/10.19030/jabr.v24i1.1364	NUM
hassl-848	777	17	.	.	PUNCT
hassl-848	778	1	kimmel	kimmel	PROPN
hassl-848	778	2	,	,	PUNCT
hassl-848	778	3	b.	b.	PROPN
hassl-848	778	4	b.	b.	PROPN
hassl-848	778	5	w.	w.	PROPN
hassl-848	778	6	,	,	PUNCT
hassl-848	778	7	&	&	CCONJ
hassl-848	778	8	anderson	anderson	PROPN
hassl-848	778	9	,	,	PUNCT
hassl-848	778	10	g.	g.	PROPN
hassl-848	778	11	e.	e.	PROPN
hassl-848	778	12	(	(	PUNCT
hassl-848	778	13	2011	2011	NUM
hassl-848	778	14	)	)	PUNCT
hassl-848	778	15	.	.	PUNCT
hassl-848	779	1	erm	erm	PROPN
hassl-848	779	2	myths	myth	NOUN
hassl-848	779	3	and	and	CCONJ
hassl-848	779	4	truths	truth	NOUN
hassl-848	779	5	.	.	PUNCT
hassl-848	780	1	(	(	PUNCT
hassl-848	780	2	january	january	PROPN
hassl-848	780	3	)	)	PUNCT
hassl-848	780	4	.	.	PUNCT
hassl-848	781	1	1–4	1–4	PROPN
hassl-848	781	2	.	.	PROPN
hassl-848	781	3	klein	klein	PROPN
hassl-848	781	4	,	,	PUNCT
hassl-848	781	5	a.	a.	PROPN
hassl-848	781	6	(	(	PUNCT
hassl-848	781	7	2002a	2002a	NUM
hassl-848	781	8	)	)	PUNCT
hassl-848	781	9	.	.	PUNCT
hassl-848	782	1	audit	audit	NOUN
hassl-848	782	2	committee	committee	PROPN
hassl-848	782	3	,	,	PUNCT
hassl-848	782	4	board	board	NOUN
hassl-848	782	5	of	of	ADP
hassl-848	782	6	director	director	NOUN
hassl-848	782	7	characteristics	characteristic	NOUN
hassl-848	782	8	,	,	PUNCT
hassl-848	782	9	and	and	CCONJ
hassl-848	782	10	earnings	earning	NOUN
hassl-848	782	11	management	management	NOUN
hassl-848	782	12	.	.	PUNCT
hassl-848	783	1	journal	journal	NOUN
hassl-848	783	2	of	of	ADP
hassl-848	783	3	accounting	accounting	NOUN
hassl-848	783	4	and	and	CCONJ
hassl-848	783	5	economics	economic	NOUN
hassl-848	783	6	,	,	PUNCT
hassl-848	783	7	33(3	33(3	NOUN
hassl-848	783	8	)	)	PUNCT
hassl-848	783	9	,	,	PUNCT
hassl-848	783	10	375–400.available	375–400.available	NUM
hassl-848	783	11	at	at	ADP
hassl-848	783	12	:	:	PUNCT
hassl-848	783	13	https://doi.org/10.1016/s0165-4101(02)00059-9	https://doi.org/10.1016/s0165-4101(02)00059-9	PROPN
hassl-848	783	14	.	.	PUNCT
hassl-848	784	1	klein	klein	PROPN
hassl-848	784	2	.	.	PROPN
hassl-848	784	3	,	,	PUNCT
hassl-848	784	4	a.	a.	PROPN
hassl-848	784	5	(	(	PUNCT
hassl-848	784	6	2002b	2002b	NUM
hassl-848	784	7	)	)	PUNCT
hassl-848	784	8	.	.	PUNCT
hassl-848	785	1	audit	audit	NOUN
hassl-848	785	2	committee	committee	PROPN
hassl-848	785	3	,	,	PUNCT
hassl-848	785	4	board	board	NOUN
hassl-848	785	5	of	of	ADP
hassl-848	785	6	director	director	NOUN
hassl-848	785	7	characteristics	characteristic	NOUN
hassl-848	785	8	,	,	PUNCT
hassl-848	785	9	and	and	CCONJ
hassl-848	785	10	earnings	earning	NOUN
hassl-848	785	11	management	management	NOUN
hassl-848	785	12	.	.	PUNCT
hassl-848	786	1	journal	journal	NOUN
hassl-848	786	2	of	of	ADP
hassl-848	786	3	accounting	accounting	NOUN
hassl-848	786	4	and	and	CCONJ
hassl-848	786	5	economics	economic	NOUN
hassl-848	786	6	,	,	PUNCT
hassl-848	786	7	33(3	33(3	NOUN
hassl-848	786	8	)	)	PUNCT
hassl-848	786	9	,	,	PUNCT
hassl-848	786	10	375–400	375–400	NUM
hassl-848	786	11	.	.	PUNCT
hassl-848	787	1	laeven	laeven	ADJ
hassl-848	787	2	,	,	PUNCT
hassl-848	787	3	l.	l.	PROPN
hassl-848	787	4	,	,	PUNCT
hassl-848	787	5	&	&	CCONJ
hassl-848	787	6	levine	levine	PROPN
hassl-848	787	7	,	,	PUNCT
hassl-848	787	8	r.	r.	PROPN
hassl-848	787	9	(	(	PUNCT
hassl-848	787	10	2009	2009	NUM
hassl-848	787	11	)	)	PUNCT
hassl-848	787	12	.	.	PUNCT
hassl-848	788	1	bank	bank	NOUN
hassl-848	788	2	governance	governance	NOUN
hassl-848	788	3	,	,	PUNCT
hassl-848	788	4	regulation	regulation	NOUN
hassl-848	788	5	and	and	CCONJ
hassl-848	788	6	risk	risk	NOUN
hassl-848	788	7	taking	taking	NOUN
hassl-848	788	8	.	.	PUNCT
hassl-848	789	1	journal	journal	PROPN
hassl-848	789	2	of	of	ADP
hassl-848	789	3	financial	financial	ADJ
hassl-848	789	4	economics	economic	NOUN
hassl-848	789	5	,	,	PUNCT
hassl-848	789	6	93(2	93(2	NOUN
hassl-848	789	7	)	)	PUNCT
hassl-848	789	8	,	,	PUNCT
hassl-848	789	9	259275.available	259275.available	ADJ
hassl-848	789	10	at	at	ADP
hassl-848	789	11	:	:	PUNCT
hassl-848	789	12	https://doi.org/10.1016/j.jfineco.2008.09.003	https://doi.org/10.1016/j.jfineco.2008.09.003	PROPN
hassl-848	789	13	.	.	PUNCT
hassl-848	790	1	lambert	lambert	PROPN
hassl-848	790	2	,	,	PUNCT
hassl-848	790	3	r.	r.	PROPN
hassl-848	790	4	,	,	PUNCT
hassl-848	790	5	leuz	leuz	NOUN
hassl-848	790	6	,	,	PUNCT
hassl-848	790	7	c.	c.	PROPN
hassl-848	790	8	,	,	PUNCT
hassl-848	790	9	&	&	CCONJ
hassl-848	790	10	verrecchia	verrecchia	PROPN
hassl-848	790	11	,	,	PUNCT
hassl-848	790	12	r.	r.	PROPN
hassl-848	790	13	e.	e.	PROPN
hassl-848	790	14	(	(	PUNCT
hassl-848	790	15	2007	2007	NUM
hassl-848	790	16	)	)	PUNCT
hassl-848	790	17	.	.	PUNCT
hassl-848	791	1	accounting	accounting	NOUN
hassl-848	791	2	information	information	NOUN
hassl-848	791	3	,	,	PUNCT
hassl-848	791	4	disclosure	disclosure	NOUN
hassl-848	791	5	,	,	PUNCT
hassl-848	791	6	and	and	CCONJ
hassl-848	791	7	the	the	DET
hassl-848	791	8	cost	cost	NOUN
hassl-848	791	9	of	of	ADP
hassl-848	791	10	capital	capital	NOUN
hassl-848	791	11	.	.	PUNCT
hassl-848	792	1	journal	journal	PROPN
hassl-848	792	2	of	of	ADP
hassl-848	792	3	accounting	accounting	NOUN
hassl-848	792	4	research	research	NOUN
hassl-848	792	5	,	,	PUNCT
hassl-848	792	6	45(2	45(2	NOUN
hassl-848	792	7	)	)	PUNCT
hassl-848	792	8	,	,	PUNCT
hassl-848	792	9	385-420.available	385-420.available	NUM
hassl-848	792	10	at	at	ADP
hassl-848	792	11	:	:	PUNCT
hassl-848	792	12	https://doi.org/10.1111/j.1475-679x.2007.00238.x	https://doi.org/10.1111/j.1475-679x.2007.00238.x	PROPN
hassl-848	792	13	.	.	PUNCT
hassl-848	793	1	lau	lau	PROPN
hassl-848	793	2	,	,	PUNCT
hassl-848	793	3	j.	j.	PROPN
hassl-848	793	4	,	,	PUNCT
hassl-848	793	5	sinnadurai	sinnadurai	PROPN
hassl-848	793	6	,	,	PUNCT
hassl-848	793	7	p.	p.	NOUN
hassl-848	793	8	,	,	PUNCT
hassl-848	793	9	&	&	CCONJ
hassl-848	793	10	wright	wright	PROPN
hassl-848	793	11	,	,	PUNCT
hassl-848	793	12	s.	s.	PROPN
hassl-848	793	13	(	(	PUNCT
hassl-848	793	14	2009	2009	NUM
hassl-848	793	15	)	)	PUNCT
hassl-848	793	16	.	.	PUNCT
hassl-848	794	1	corporate	corporate	ADJ
hassl-848	794	2	governance	governance	NOUN
hassl-848	794	3	and	and	CCONJ
hassl-848	794	4	chief	chief	ADJ
hassl-848	794	5	executive	executive	ADJ
hassl-848	794	6	officer	officer	NOUN
hassl-848	794	7	dismissal	dismissal	NOUN
hassl-848	794	8	following	follow	VERB
hassl-848	794	9	poor	poor	ADJ
hassl-848	794	10	performance	performance	NOUN
hassl-848	794	11	:	:	PUNCT
hassl-848	794	12	australian	australian	ADJ
hassl-848	794	13	evidence	evidence	NOUN
hassl-848	794	14	.	.	PUNCT
hassl-848	795	1	accounting	accounting	NOUN
hassl-848	795	2	&	&	CCONJ
hassl-848	795	3	finance	finance	PROPN
hassl-848	795	4	,	,	PUNCT
hassl-848	795	5	49(1	49(1	NOUN
hassl-848	795	6	)	)	PUNCT
hassl-848	795	7	,	,	PUNCT
hassl-848	795	8	161-182.available	161-182.available	NUM
hassl-848	795	9	at	at	ADP
hassl-848	795	10	:	:	PUNCT
hassl-848	795	11	https://doi.org/10.1111/j.1467629x.2008.00278.x	https://doi.org/10.1111/j.1467629x.2008.00278.x	X
hassl-848	795	12	.	.	PUNCT
hassl-848	796	1	li	li	PROPN
hassl-848	796	2	,	,	PUNCT
hassl-848	796	3	h.	h.	PROPN
hassl-848	796	4	,	,	PUNCT
hassl-848	796	5	jahera	jahera	PROPN
hassl-848	796	6	,	,	PUNCT
hassl-848	796	7	j.	j.	PROPN
hassl-848	796	8	s.	s.	PROPN
hassl-848	796	9	,	,	PUNCT
hassl-848	796	10	&	&	CCONJ
hassl-848	796	11	yost	yost	PROPN
hassl-848	796	12	,	,	PUNCT
hassl-848	796	13	k.	k.	PROPN
hassl-848	796	14	(	(	PUNCT
hassl-848	796	15	2013	2013	NUM
hassl-848	796	16	)	)	PUNCT
hassl-848	796	17	.	.	PUNCT
hassl-848	797	1	corporate	corporate	ADJ
hassl-848	797	2	risk	risk	NOUN
hassl-848	797	3	and	and	CCONJ
hassl-848	797	4	corporate	corporate	ADJ
hassl-848	797	5	governance	governance	NOUN
hassl-848	797	6	:	:	PUNCT
hassl-848	797	7	another	another	DET
hassl-848	797	8	view	view	NOUN
hassl-848	797	9	.	.	PUNCT
hassl-848	798	1	managerial	managerial	ADJ
hassl-848	798	2	finance	finance	NOUN
hassl-848	798	3	,	,	PUNCT
hassl-848	798	4	39(3	39(3	NUM
hassl-848	798	5	)	)	PUNCT
hassl-848	798	6	,	,	PUNCT
hassl-848	798	7	204	204	NUM
hassl-848	798	8	–	–	PUNCT
hassl-848	798	9	227.available	227.available	ADJ
hassl-848	798	10	at	at	ADP
hassl-848	798	11	:	:	PUNCT
hassl-848	798	12	https://doi.org/10.1108/03074351311302773	https://doi.org/10.1108/03074351311302773	PROPN
hassl-848	798	13	.	.	PUNCT
hassl-848	799	1	lintner	lintner	PROPN
hassl-848	799	2	,	,	PUNCT
hassl-848	799	3	j.	j.	PROPN
hassl-848	799	4	(	(	PUNCT
hassl-848	799	5	1965	1965	NUM
hassl-848	799	6	)	)	PUNCT
hassl-848	799	7	.	.	PUNCT
hassl-848	800	1	3	3	X
hassl-848	800	2	.	.	X
hassl-848	800	3	lintner1965a.pdf	lintner1965a.pdf	NOUN
hassl-848	800	4	.	.	PUNCT
hassl-848	801	1	the	the	DET
hassl-848	801	2	review	review	NOUN
hassl-848	801	3	of	of	ADP
hassl-848	801	4	economics	economic	NOUN
hassl-848	801	5	and	and	CCONJ
hassl-848	801	6	statistics	statistic	NOUN
hassl-848	801	7	,	,	PUNCT
hassl-848	801	8	47(1	47(1	NUM
hassl-848	801	9	)	)	PUNCT
hassl-848	801	10	,	,	PUNCT
hassl-848	801	11	13–37	13–37	NOUN
hassl-848	801	12	.	.	PUNCT
hassl-848	802	1	lipton	lipton	PROPN
hassl-848	802	2	,	,	PUNCT
hassl-848	802	3	m.	m.	NOUN
hassl-848	802	4	,	,	PUNCT
hassl-848	802	5	&	&	CCONJ
hassl-848	802	6	lorsch	lorsch	PROPN
hassl-848	802	7	,	,	PUNCT
hassl-848	802	8	j.	j.	PROPN
hassl-848	802	9	w.	w.	PROPN
hassl-848	802	10	(	(	PUNCT
hassl-848	802	11	1992	1992	NUM
hassl-848	802	12	)	)	PUNCT
hassl-848	802	13	.	.	PUNCT
hassl-848	803	1	a	a	DET
hassl-848	803	2	modest	modest	ADJ
hassl-848	803	3	proposal	proposal	NOUN
hassl-848	803	4	for	for	ADP
hassl-848	803	5	improved	improve	VERB
hassl-848	803	6	corporate	corporate	ADJ
hassl-848	803	7	governance	governance	NOUN
hassl-848	803	8	:	:	PUNCT
hassl-848	803	9	business	business	NOUN
hassl-848	803	10	source	source	NOUN
hassl-848	803	11	.	.	PUNCT
hassl-848	804	1	business	business	NOUN
hassl-848	804	2	lawyer	lawyer	NOUN
hassl-848	804	3	,	,	PUNCT
hassl-848	804	4	42(1	42(1	NOUN
hassl-848	804	5	)	)	PUNCT
hassl-848	804	6	,	,	PUNCT
hassl-848	804	7	59–78.available	59–78.available	ADJ
hassl-848	804	8	at	at	ADP
hassl-848	804	9	:	:	PUNCT
hassl-848	804	10	https://doi.org/10.1525/sp.2007.54.1.23	https://doi.org/10.1525/sp.2007.54.1.23	PROPN
hassl-848	804	11	.	.	PROPN
hassl-848	804	12	lotfi	lotfi	PROPN
hassl-848	804	13	,	,	PUNCT
hassl-848	804	14	s.	s.	PROPN
hassl-848	804	15	,	,	PUNCT
hassl-848	804	16	&	&	CCONJ
hassl-848	804	17	malgharni	malgharni	PROPN
hassl-848	804	18	,	,	PUNCT
hassl-848	804	19	a.	a.	NOUN
hassl-848	804	20	m.	m.	NOUN
hassl-848	804	21	(	(	PUNCT
hassl-848	804	22	2013	2013	NUM
hassl-848	804	23	)	)	PUNCT
hassl-848	804	24	.	.	PUNCT
hassl-848	805	1	the	the	DET
hassl-848	805	2	analysis	analysis	NOUN
hassl-848	805	3	of	of	ADP
hassl-848	805	4	the	the	DET
hassl-848	805	5	relationship	relationship	NOUN
hassl-848	805	6	between	between	ADP
hassl-848	805	7	board	board	NOUN
hassl-848	805	8	of	of	ADP
hassl-848	805	9	director	director	NOUN
hassl-848	805	10	composition	composition	NOUN
hassl-848	805	11	and	and	CCONJ
hassl-848	805	12	risk	risk	NOUN
hassl-848	805	13	management	management	NOUN
hassl-848	805	14	in	in	ADP
hassl-848	805	15	the	the	DET
hassl-848	805	16	firms	firm	NOUN
hassl-848	805	17	listed	list	VERB
hassl-848	805	18	in	in	ADP
hassl-848	805	19	tehran	tehran	PROPN
hassl-848	805	20	stock	stock	PROPN
hassl-848	805	21	exchange	exchange	PROPN
hassl-848	805	22	.	.	PUNCT
hassl-848	806	1	interdisciplinary	interdisciplinary	ADJ
hassl-848	806	2	journal	journal	NOUN
hassl-848	806	3	of	of	ADP
hassl-848	806	4	contemporary	contemporary	ADJ
hassl-848	806	5	research	research	NOUN
hassl-848	806	6	in	in	ADP
hassl-848	806	7	business	business	NOUN
hassl-848	806	8	,	,	PUNCT
hassl-848	806	9	336–349	336–349	NUM
hassl-848	806	10	.	.	PUNCT
hassl-848	807	1	mak	mak	PROPN
hassl-848	807	2	,	,	PUNCT
hassl-848	807	3	y.	y.	PROPN
hassl-848	807	4	t.	t.	PROPN
hassl-848	807	5	,	,	PUNCT
hassl-848	807	6	&	&	CCONJ
hassl-848	807	7	kusnadi	kusnadi	PROPN
hassl-848	807	8	,	,	PUNCT
hassl-848	807	9	y.	y.	PROPN
hassl-848	807	10	(	(	PUNCT
hassl-848	807	11	2005	2005	NUM
hassl-848	807	12	)	)	PUNCT
hassl-848	807	13	.	.	PUNCT
hassl-848	808	1	size	size	NOUN
hassl-848	808	2	really	really	ADV
hassl-848	808	3	matters	matter	VERB
hassl-848	808	4	:	:	PUNCT
hassl-848	808	5	further	further	ADJ
hassl-848	808	6	evidence	evidence	NOUN
hassl-848	808	7	on	on	ADP
hassl-848	808	8	the	the	DET
hassl-848	808	9	negative	negative	ADJ
hassl-848	808	10	relationship	relationship	NOUN
hassl-848	808	11	between	between	ADP
hassl-848	808	12	board	board	NOUN
hassl-848	808	13	size	size	NOUN
hassl-848	808	14	and	and	CCONJ
hassl-848	808	15	firm	firm	ADJ
hassl-848	808	16	value	value	NOUN
hassl-848	808	17	.	.	PUNCT
hassl-848	809	1	pacific	pacific	PROPN
hassl-848	809	2	basin	basin	PROPN
hassl-848	809	3	finance	finance	PROPN
hassl-848	809	4	journal	journal	NOUN
hassl-848	809	5	,	,	PUNCT
hassl-848	809	6	13(3	13(3	NUM
hassl-848	809	7	)	)	PUNCT
hassl-848	809	8	,	,	PUNCT
hassl-848	809	9	301–318.available	301–318.available	NUM
hassl-848	809	10	at	at	ADP
hassl-848	809	11	:	:	PUNCT
hassl-848	809	12	https://doi.org/10.1016/j.pacfin.2004.09.002	https://doi.org/10.1016/j.pacfin.2004.09.002	NOUN
hassl-848	809	13	.	.	PUNCT
hassl-848	810	1	mason	mason	PROPN
hassl-848	810	2	,	,	PUNCT
hassl-848	810	3	c.	c.	PROPN
hassl-848	810	4	h.	h.	PROPN
hassl-848	810	5	,	,	PUNCT
hassl-848	810	6	&	&	CCONJ
hassl-848	810	7	jr	jr	PROPN
hassl-848	810	8	,	,	PUNCT
hassl-848	810	9	w.	w.	PROPN
hassl-848	810	10	d.	d.	PROPN
hassl-848	810	11	p.	p.	PROPN
hassl-848	810	12	(	(	PUNCT
hassl-848	810	13	1991	1991	NUM
hassl-848	810	14	)	)	PUNCT
hassl-848	810	15	.	.	PUNCT
hassl-848	811	1	collinearity	collinearity	NOUN
hassl-848	811	2	,	,	PUNCT
hassl-848	811	3	power	power	NOUN
hassl-848	811	4	,	,	PUNCT
hassl-848	811	5	and	and	CCONJ
hassl-848	811	6	interpretation	interpretation	NOUN
hassl-848	811	7	of	of	ADP
hassl-848	811	8	multiple	multiple	ADJ
hassl-848	811	9	regression	regression	NOUN
hassl-848	811	10	analysis	analysis	NOUN
hassl-848	811	11	.	.	PUNCT
hassl-848	812	1	journal	journal	NOUN
hassl-848	812	2	of	of	ADP
hassl-848	812	3	marketing	marketing	NOUN
hassl-848	812	4	research	research	NOUN
hassl-848	812	5	,	,	PUNCT
hassl-848	812	6	28(3	28(3	NUM
hassl-848	812	7	)	)	PUNCT
hassl-848	812	8	,	,	PUNCT
hassl-848	812	9	268-280.available	268-280.available	NUM
hassl-848	812	10	at	at	ADP
hassl-848	812	11	:	:	PUNCT
hassl-848	812	12	https://doi.org/10.2307/3172863	https://doi.org/10.2307/3172863	X
hassl-848	812	13	.	.	PUNCT
hassl-848	813	1	mathew	mathew	PROPN
hassl-848	813	2	,	,	PUNCT
hassl-848	813	3	s.	s.	PROPN
hassl-848	813	4	,	,	PUNCT
hassl-848	813	5	&	&	CCONJ
hassl-848	813	6	hill	hill	PROPN
hassl-848	813	7	,	,	PUNCT
hassl-848	813	8	k.	k.	PROPN
hassl-848	813	9	(	(	PUNCT
hassl-848	813	10	2013	2013	NUM
hassl-848	813	11	)	)	PUNCT
hassl-848	813	12	.	.	PUNCT
hassl-848	814	1	board	board	NOUN
hassl-848	814	2	composition	composition	NOUN
hassl-848	814	3	and	and	CCONJ
hassl-848	814	4	risk	risk	NOUN
hassl-848	814	5	-	-	PUNCT
hassl-848	814	6	taking	taking	NOUN
hassl-848	814	7	in	in	ADP
hassl-848	814	8	uk	uk	PROPN
hassl-848	814	9	firms	firm	NOUN
hassl-848	814	10	.	.	PUNCT
hassl-848	815	1	journal	journal	NOUN
hassl-848	815	2	of	of	ADP
hassl-848	815	3	marketing	marketing	NOUN
hassl-848	815	4	research	research	NOUN
hassl-848	815	5	,	,	PUNCT
hassl-848	815	6	29(1	29(1	NUM
hassl-848	815	7	)	)	PUNCT
hassl-848	815	8	,	,	PUNCT
hassl-848	815	9	65	65	NUM
hassl-848	815	10	-	-	SYM
hassl-848	815	11	93	93	NUM
hassl-848	815	12	.	.	PUNCT
hassl-848	816	1	mcnulty	mcnulty	PROPN
hassl-848	816	2	,	,	PUNCT
hassl-848	816	3	t.	t.	PROPN
hassl-848	816	4	,	,	PUNCT
hassl-848	816	5	florackis	florackis	PROPN
hassl-848	816	6	,	,	PUNCT
hassl-848	816	7	c.	c.	PROPN
hassl-848	816	8	,	,	PUNCT
hassl-848	816	9	&	&	CCONJ
hassl-848	816	10	ormrod	ormrod	NOUN
hassl-848	816	11	,	,	PUNCT
hassl-848	816	12	p.	p.	NOUN
hassl-848	816	13	(	(	PUNCT
hassl-848	816	14	2012	2012	NUM
hassl-848	816	15	)	)	PUNCT
hassl-848	816	16	.	.	PUNCT
hassl-848	817	1	corporate	corporate	ADJ
hassl-848	817	2	governance	governance	NOUN
hassl-848	817	3	and	and	CCONJ
hassl-848	817	4	risk	risk	NOUN
hassl-848	817	5	:	:	PUNCT
hassl-848	817	6	a	a	DET
hassl-848	817	7	study	study	NOUN
hassl-848	817	8	of	of	ADP
hassl-848	817	9	board	board	NOUN
hassl-848	817	10	structure	structure	NOUN
hassl-848	817	11	and	and	CCONJ
hassl-848	817	12	process	process	NOUN
hassl-848	817	13	.	.	PUNCT
hassl-848	818	1	acca	acca	VERB
hassl-848	818	2	research	research	NOUN
hassl-848	818	3	report	report	NOUN
hassl-848	818	4	,	,	PUNCT
hassl-848	818	5	129	129	NUM
hassl-848	818	6	.	.	PUNCT
hassl-848	819	1	minton	minton	PROPN
hassl-848	819	2	,	,	PUNCT
hassl-848	819	3	b.	b.	PROPN
hassl-848	819	4	a.	a.	PROPN
hassl-848	819	5	,	,	PUNCT
hassl-848	819	6	taillard	taillard	PROPN
hassl-848	819	7	,	,	PUNCT
hassl-848	819	8	j.	j.	PROPN
hassl-848	819	9	p.	p.	PROPN
hassl-848	819	10	,	,	PUNCT
hassl-848	819	11	&	&	CCONJ
hassl-848	819	12	williamson	williamson	PROPN
hassl-848	819	13	,	,	PUNCT
hassl-848	819	14	r.	r.	PROPN
hassl-848	819	15	(	(	PUNCT
hassl-848	819	16	2012	2012	NUM
hassl-848	819	17	)	)	PUNCT
hassl-848	819	18	.	.	PUNCT
hassl-848	820	1	financial	financial	ADJ
hassl-848	820	2	expertise	expertise	NOUN
hassl-848	820	3	of	of	ADP
hassl-848	820	4	the	the	DET
hassl-848	820	5	board	board	NOUN
hassl-848	820	6	,	,	PUNCT
hassl-848	820	7	risk	risk	NOUN
hassl-848	820	8	taking	taking	NOUN
hassl-848	820	9	,	,	PUNCT
hassl-848	820	10	and	and	CCONJ
hassl-848	820	11	performance	performance	NOUN
hassl-848	820	12	:	:	PUNCT
hassl-848	820	13	evidence	evidence	NOUN
hassl-848	820	14	from	from	ADP
hassl-848	820	15	bank	bank	NOUN
hassl-848	820	16	holding	hold	VERB
hassl-848	820	17	companies	company	NOUN
hassl-848	820	18	.	.	PUNCT
hassl-848	821	1	journal	journal	NOUN
hassl-848	821	2	of	of	ADP
hassl-848	821	3	financial	financial	ADJ
hassl-848	821	4	and	and	CCONJ
hassl-848	821	5	quantitative	quantitative	ADJ
hassl-848	821	6	analysis	analysis	NOUN
hassl-848	821	7	,	,	PUNCT
hassl-848	821	8	49(2	49(2	NUM
hassl-848	821	9	)	)	PUNCT
hassl-848	821	10	,	,	PUNCT
hassl-848	821	11	351-380.available	351-380.available	NUM
hassl-848	821	12	at	at	ADP
hassl-848	821	13	:	:	PUNCT
hassl-848	821	14	https://doi.org/10.1017/s0022109014000283	https://doi.org/10.1017/s0022109014000283	NUM
hassl-848	821	15	.	.	PUNCT
hassl-848	822	1	mitton	mitton	PROPN
hassl-848	822	2	,	,	PUNCT
hassl-848	822	3	t.	t.	PROPN
hassl-848	822	4	(	(	PUNCT
hassl-848	822	5	2002	2002	NUM
hassl-848	822	6	)	)	PUNCT
hassl-848	822	7	.	.	PUNCT
hassl-848	823	1	a	a	DET
hassl-848	823	2	cross	cross	ADJ
hassl-848	823	3	-	-	ADJ
hassl-848	823	4	firm	firm	ADJ
hassl-848	823	5	analysis	analysis	NOUN
hassl-848	823	6	of	of	ADP
hassl-848	823	7	the	the	DET
hassl-848	823	8	impact	impact	NOUN
hassl-848	823	9	of	of	ADP
hassl-848	823	10	corporate	corporate	ADJ
hassl-848	823	11	governance	governance	NOUN
hassl-848	823	12	on	on	ADP
hassl-848	823	13	the	the	DET
hassl-848	823	14	east	east	ADJ
hassl-848	823	15	asian	asian	ADJ
hassl-848	823	16	financial	financial	ADJ
hassl-848	823	17	crisis	crisis	NOUN
hassl-848	823	18	.	.	PUNCT
hassl-848	824	1	journal	journal	NOUN
hassl-848	824	2	of	of	ADP
hassl-848	824	3	financial	financial	ADJ
hassl-848	824	4	economics	economic	NOUN
hassl-848	824	5	,	,	PUNCT
hassl-848	824	6	64(2	64(2	NOUN
hassl-848	824	7	)	)	PUNCT
hassl-848	824	8	,	,	PUNCT
hassl-848	824	9	215-241.available	215-241.available	NUM
hassl-848	824	10	at	at	ADP
hassl-848	824	11	:	:	PUNCT
hassl-848	824	12	https://doi.org/10.1016/s0304-405x(02)00076-4	https://doi.org/10.1016/s0304-405x(02)00076-4	PROPN
hassl-848	824	13	.	.	PUNCT
hassl-848	825	1	mohd	mohd	PROPN
hassl-848	825	2	-	-	PUNCT
hassl-848	825	3	sanusi	sanusi	PROPN
hassl-848	825	4	,	,	PUNCT
hassl-848	825	5	z.	z.	PROPN
hassl-848	825	6	,	,	PUNCT
hassl-848	825	7	ismail	ismail	PROPN
hassl-848	825	8	,	,	PUNCT
hassl-848	825	9	r.	r.	PROPN
hassl-848	825	10	,	,	PUNCT
hassl-848	825	11	hudayati	hudayati	PROPN
hassl-848	825	12	,	,	PUNCT
hassl-848	825	13	a.	a.	NOUN
hassl-848	825	14	,	,	PUNCT
hassl-848	825	15	&	&	CCONJ
hassl-848	825	16	harjito	harjito	PROPN
hassl-848	825	17	,	,	PUNCT
hassl-848	825	18	d.	d.	PROPN
hassl-848	825	19	a.	a.	PROPN
hassl-848	825	20	(	(	PUNCT
hassl-848	825	21	2015	2015	NUM
hassl-848	825	22	)	)	PUNCT
hassl-848	825	23	.	.	PUNCT
hassl-848	826	1	screening	screen	VERB
hassl-848	826	2	process	process	NOUN
hassl-848	826	3	of	of	ADP
hassl-848	826	4	shariah	shariah	PROPN
hassl-848	826	5	-	-	PUNCT
hassl-848	826	6	compliant	compliant	ADJ
hassl-848	826	7	companies	company	NOUN
hassl-848	826	8	:	:	PUNCT
hassl-848	826	9	the	the	DET
hassl-848	826	10	relevance	relevance	NOUN
hassl-848	826	11	of	of	ADP
hassl-848	826	12	financial	financial	ADJ
hassl-848	826	13	risk	risk	NOUN
hassl-848	826	14	management	management	NOUN
hassl-848	826	15	.	.	PUNCT
hassl-848	827	1	international	international	ADJ
hassl-848	827	2	journal	journal	PROPN
hassl-848	827	3	of	of	ADP
hassl-848	827	4	economics	economic	NOUN
hassl-848	827	5	and	and	CCONJ
hassl-848	827	6	management	management	NOUN
hassl-848	827	7	,	,	PUNCT
hassl-848	827	8	9(1	9(1	NUM
hassl-848	827	9	)	)	PUNCT
hassl-848	827	10	,	,	PUNCT
hassl-848	827	11	177–195	177–195	NUM
hassl-848	827	12	.	.	PUNCT
hassl-848	828	1	moumen	mouman	NOUN
hassl-848	828	2	,	,	PUNCT
hassl-848	828	3	n.	n.	NOUN
hassl-848	828	4	,	,	PUNCT
hassl-848	828	5	othman	othman	PROPN
hassl-848	828	6	,	,	PUNCT
hassl-848	828	7	h.	h.	PROPN
hassl-848	828	8	b.	b.	PROPN
hassl-848	828	9	,	,	PUNCT
hassl-848	828	10	&	&	CCONJ
hassl-848	828	11	hussainey	hussainey	PROPN
hassl-848	828	12	,	,	PUNCT
hassl-848	828	13	k.	k.	PROPN
hassl-848	828	14	(	(	PUNCT
hassl-848	828	15	2016	2016	NUM
hassl-848	828	16	)	)	PUNCT
hassl-848	828	17	.	.	PUNCT
hassl-848	829	1	board	board	NOUN
hassl-848	829	2	structure	structure	NOUN
hassl-848	829	3	and	and	CCONJ
hassl-848	829	4	the	the	DET
hassl-848	829	5	informativeness	informativeness	NOUN
hassl-848	829	6	of	of	ADP
hassl-848	829	7	risk	risk	NOUN
hassl-848	829	8	disclosure	disclosure	NOUN
hassl-848	829	9	:	:	PUNCT
hassl-848	829	10	evidence	evidence	NOUN
hassl-848	829	11	from	from	ADP
hassl-848	829	12	mena	mena	PROPN
hassl-848	829	13	emerging	emerge	VERB
hassl-848	829	14	markets	market	NOUN
hassl-848	829	15	.	.	PUNCT
hassl-848	830	1	advances	advance	NOUN
hassl-848	830	2	in	in	ADP
hassl-848	830	3	accounting	accounting	NOUN
hassl-848	830	4	,	,	PUNCT
hassl-848	830	5	35	35	NUM
hassl-848	830	6	,	,	PUNCT
hassl-848	830	7	82-97.available	82-97.available	NUM
hassl-848	830	8	at	at	ADP
hassl-848	830	9	:	:	PUNCT
hassl-848	830	10	https://doi.org/10.1016/j.adiac.2016.09.001	https://doi.org/10.1016/j.adiac.2016.09.001	NOUN
hassl-848	830	11	.	.	PUNCT
hassl-848	831	1	humanities	humanity	NOUN
hassl-848	831	2	and	and	CCONJ
hassl-848	831	3	social	social	ADJ
hassl-848	831	4	sciences	science	NOUN
hassl-848	831	5	letters	letter	NOUN
hassl-848	831	6	,	,	PUNCT
hassl-848	831	7	2020	2020	NUM
hassl-848	831	8	,	,	PUNCT
hassl-848	831	9	8(2	8(2	NUM
hassl-848	831	10	):	):	PUNCT
hassl-848	831	11	169	169	NUM
hassl-848	831	12	-	-	SYM
hassl-848	831	13	193	193	NUM
hassl-848	831	14	192	192	NUM
hassl-848	831	15	©	©	PROPN
hassl-848	831	16	2020	2020	NUM
hassl-848	831	17	conscientia	conscientia	PROPN
hassl-848	831	18	beam	beam	PROPN
hassl-848	831	19	.	.	PUNCT
hassl-848	832	1	all	all	DET
hassl-848	832	2	rights	right	NOUN
hassl-848	832	3	reserved	reserve	VERB
hassl-848	832	4	.	.	PUNCT
hassl-848	833	1	ni	ni	PROPN
hassl-848	833	2	,	,	PUNCT
hassl-848	833	3	y.	y.	PROPN
hassl-848	833	4	,	,	PUNCT
hassl-848	833	5	&	&	CCONJ
hassl-848	833	6	purda	purda	PROPN
hassl-848	833	7	,	,	PUNCT
hassl-848	833	8	l.	l.	PROPN
hassl-848	833	9	d.	d.	PROPN
hassl-848	833	10	(	(	PUNCT
hassl-848	833	11	2012	2012	NUM
hassl-848	833	12	)	)	PUNCT
hassl-848	833	13	.	.	PUNCT
hassl-848	834	1	does	do	AUX
hassl-848	834	2	monitoring	monitor	VERB
hassl-848	834	3	by	by	ADP
hassl-848	834	4	independent	independent	ADJ
hassl-848	834	5	directors	director	NOUN
hassl-848	834	6	reduce	reduce	VERB
hassl-848	834	7	firm	firm	ADJ
hassl-848	834	8	risk	risk	NOUN
hassl-848	834	9	?	?	PUNCT
hassl-848	835	1	available	available	ADJ
hassl-848	835	2	at	at	ADP
hassl-848	835	3	ssrn	ssrn	NOUN
hassl-848	835	4	1986289	1986289	NUM
hassl-848	835	5	.	.	PUNCT
hassl-848	836	1	nodeh	nodeh	PROPN
hassl-848	836	2	,	,	PUNCT
hassl-848	836	3	f.	f.	PROPN
hassl-848	836	4	m.	m.	PROPN
hassl-848	836	5	,	,	PUNCT
hassl-848	836	6	anuar	anuar	PROPN
hassl-848	836	7	,	,	PUNCT
hassl-848	836	8	m.	m.	NOUN
hassl-848	836	9	a.	a.	PROPN
hassl-848	836	10	,	,	PUNCT
hassl-848	836	11	ramakrishnan	ramakrishnan	PROPN
hassl-848	836	12	,	,	PUNCT
hassl-848	836	13	s.	s.	PROPN
hassl-848	836	14	,	,	PUNCT
hassl-848	836	15	rafatnia	rafatnia	NOUN
hassl-848	836	16	,	,	PUNCT
hassl-848	836	17	a.	a.	NOUN
hassl-848	836	18	a.	a.	PROPN
hassl-848	836	19	,	,	PUNCT
hassl-848	836	20	&	&	CCONJ
hassl-848	836	21	nodeh	nodeh	PROPN
hassl-848	836	22	,	,	PUNCT
hassl-848	836	23	a.	a.	NOUN
hassl-848	836	24	m.	m.	NOUN
hassl-848	836	25	(	(	PUNCT
hassl-848	836	26	2015	2015	NUM
hassl-848	836	27	)	)	PUNCT
hassl-848	836	28	.	.	PUNCT
hassl-848	837	1	mediating	mediate	VERB
hassl-848	837	2	risk	risk	NOUN
hassl-848	837	3	taking	take	VERB
hassl-848	837	4	on	on	ADP
hassl-848	837	5	relationship	relationship	NOUN
hassl-848	837	6	between	between	ADP
hassl-848	837	7	board	board	NOUN
hassl-848	837	8	structure	structure	NOUN
hassl-848	837	9	determinants	determinant	NOUN
hassl-848	837	10	and	and	CCONJ
hassl-848	837	11	banks	bank	NOUN
hassl-848	837	12	financial	financial	ADJ
hassl-848	837	13	performance	performance	NOUN
hassl-848	837	14	.	.	PUNCT
hassl-848	838	1	asian	asian	ADJ
hassl-848	838	2	social	social	ADJ
hassl-848	838	3	science	science	NOUN
hassl-848	838	4	,	,	PUNCT
hassl-848	838	5	11(23	11(23	NOUN
hassl-848	838	6	)	)	PUNCT
hassl-848	838	7	,	,	PUNCT
hassl-848	838	8	96-106.available	96-106.available	ADJ
hassl-848	838	9	at	at	ADP
hassl-848	838	10	:	:	PUNCT
hassl-848	838	11	https://doi.org/10.5539/ass.v11n23p96	https://doi.org/10.5539/ass.v11n23p96	PROPN
hassl-848	838	12	.	.	PUNCT
hassl-848	839	1	norwani	norwani	PROPN
hassl-848	839	2	,	,	PUNCT
hassl-848	839	3	n.	n.	PROPN
hassl-848	839	4	m.	m.	NOUN
hassl-848	839	5	,	,	PUNCT
hassl-848	839	6	zam	zam	PROPN
hassl-848	839	7	,	,	PUNCT
hassl-848	839	8	z.	z.	PROPN
hassl-848	839	9	m.	m.	PROPN
hassl-848	839	10	,	,	PUNCT
hassl-848	839	11	&	&	CCONJ
hassl-848	839	12	chek	chek	PROPN
hassl-848	839	13	,	,	PUNCT
hassl-848	839	14	i.	i.	PROPN
hassl-848	839	15	t.	t.	PROPN
hassl-848	839	16	(	(	PUNCT
hassl-848	839	17	2011	2011	NUM
hassl-848	839	18	)	)	PUNCT
hassl-848	839	19	.	.	PUNCT
hassl-848	840	1	corporate	corporate	ADJ
hassl-848	840	2	governance	governance	NOUN
hassl-848	840	3	failure	failure	NOUN
hassl-848	840	4	and	and	CCONJ
hassl-848	840	5	its	its	PRON
hassl-848	840	6	impact	impact	NOUN
hassl-848	840	7	on	on	ADP
hassl-848	840	8	financial	financial	ADJ
hassl-848	840	9	reporting	reporting	NOUN
hassl-848	840	10	within	within	ADP
hassl-848	840	11	chosen	choose	VERB
hassl-848	840	12	companies	company	NOUN
hassl-848	840	13	.	.	PUNCT
hassl-848	841	1	international	international	ADJ
hassl-848	841	2	journal	journal	PROPN
hassl-848	841	3	of	of	ADP
hassl-848	841	4	business	business	NOUN
hassl-848	841	5	and	and	CCONJ
hassl-848	841	6	social	social	ADJ
hassl-848	841	7	science	science	NOUN
hassl-848	841	8	,	,	PUNCT
hassl-848	841	9	2(21	2(21	NUM
hassl-848	841	10	)	)	PUNCT
hassl-848	841	11	,	,	PUNCT
hassl-848	841	12	205–213.available	205–213.available	NUM
hassl-848	841	13	at	at	ADP
hassl-848	841	14	:	:	PUNCT
hassl-848	841	15	https://doi.org/10.2139/ssrn.2275426	https://doi.org/10.2139/ssrn.2275426	NUM
hassl-848	841	16	.	.	PUNCT
hassl-848	842	1	o'brien	o'brien	PROPN
hassl-848	842	2	,	,	PUNCT
hassl-848	842	3	r.	r.	PROPN
hassl-848	842	4	m.	m.	PROPN
hassl-848	842	5	(	(	PUNCT
hassl-848	842	6	2007	2007	NUM
hassl-848	842	7	)	)	PUNCT
hassl-848	842	8	.	.	PUNCT
hassl-848	843	1	a	a	DET
hassl-848	843	2	caution	caution	NOUN
hassl-848	843	3	regarding	regard	VERB
hassl-848	843	4	rules	rule	NOUN
hassl-848	843	5	of	of	ADP
hassl-848	843	6	thumb	thumb	NOUN
hassl-848	843	7	for	for	ADP
hassl-848	843	8	variance	variance	NOUN
hassl-848	843	9	inflation	inflation	NOUN
hassl-848	843	10	factors	factor	NOUN
hassl-848	843	11	.	.	PUNCT
hassl-848	844	1	quality	quality	NOUN
hassl-848	844	2	&	&	CCONJ
hassl-848	844	3	quantity	quantity	NOUN
hassl-848	844	4	,	,	PUNCT
hassl-848	844	5	41(5	41(5	NUM
hassl-848	844	6	)	)	PUNCT
hassl-848	844	7	,	,	PUNCT
hassl-848	844	8	673690.available	673690.available	ADJ
hassl-848	844	9	at	at	ADP
hassl-848	844	10	:	:	PUNCT
hassl-848	844	11	https://doi.org/10.1007/s11135-006-9018-6	https://doi.org/10.1007/s11135-006-9018-6	NUM
hassl-848	844	12	.	.	PUNCT
hassl-848	845	1	pallant	pallant	PROPN
hassl-848	845	2	,	,	PUNCT
hassl-848	845	3	j.	j.	PROPN
hassl-848	845	4	(	(	PUNCT
hassl-848	845	5	2005	2005	NUM
hassl-848	845	6	)	)	PUNCT
hassl-848	845	7	.	.	PUNCT
hassl-848	846	1	spss	spss	PROPN
hassl-848	846	2	survival	survival	PROPN
hassl-848	846	3	manual	manual	PROPN
hassl-848	846	4	.	.	PUNCT
hassl-848	847	1	journal	journal	NOUN
hassl-848	847	2	of	of	ADP
hassl-848	847	3	advanced	advanced	ADJ
hassl-848	847	4	nursing	nursing	NOUN
hassl-848	847	5	,	,	PUNCT
hassl-848	847	6	36(3	36(3	NUM
hassl-848	847	7	)	)	PUNCT
hassl-848	847	8	,	,	PUNCT
hassl-848	847	9	478–478.available	478–478.available	NUM
hassl-848	847	10	at	at	ADP
hassl-848	847	11	:	:	PUNCT
hassl-848	847	12	https://doi.org/10.1046/j.1365-2648.2001.2027c.x	https://doi.org/10.1046/j.1365-2648.2001.2027c.x	PROPN
hassl-848	847	13	.	.	PUNCT
hassl-848	848	1	puni	puni	PROPN
hassl-848	848	2	,	,	PUNCT
hassl-848	848	3	a.	a.	NOUN
hassl-848	848	4	(	(	PUNCT
hassl-848	848	5	2015	2015	NUM
hassl-848	848	6	)	)	PUNCT
hassl-848	848	7	.	.	PUNCT
hassl-848	849	1	do	do	AUX
hassl-848	849	2	board	board	NOUN
hassl-848	849	3	committees	committee	NOUN
hassl-848	849	4	affect	affect	VERB
hassl-848	849	5	corporate	corporate	ADJ
hassl-848	849	6	financial	financial	ADJ
hassl-848	849	7	performance	performance	NOUN
hassl-848	849	8	?	?	PUNCT
hassl-848	850	1	evidence	evidence	NOUN
hassl-848	850	2	from	from	ADP
hassl-848	850	3	listed	list	VERB
hassl-848	850	4	companies	company	NOUN
hassl-848	850	5	in	in	ADP
hassl-848	850	6	ghana	ghana	PROPN
hassl-848	850	7	.	.	PUNCT
hassl-848	851	1	international	international	ADJ
hassl-848	851	2	journal	journal	PROPN
hassl-848	851	3	of	of	ADP
hassl-848	851	4	business	business	NOUN
hassl-848	851	5	and	and	CCONJ
hassl-848	851	6	management	management	NOUN
hassl-848	851	7	review	review	NOUN
hassl-848	851	8	,	,	PUNCT
hassl-848	851	9	3(5	3(5	NUM
hassl-848	851	10	)	)	PUNCT
hassl-848	851	11	,	,	PUNCT
hassl-848	851	12	14	14	NUM
hassl-848	851	13	-	-	SYM
hassl-848	851	14	25	25	NUM
hassl-848	851	15	.	.	PUNCT
hassl-848	852	1	raheja	raheja	PROPN
hassl-848	852	2	,	,	PUNCT
hassl-848	852	3	c.	c.	PROPN
hassl-848	852	4	g.	g.	PROPN
hassl-848	852	5	(	(	PUNCT
hassl-848	852	6	2005	2005	NUM
hassl-848	852	7	)	)	PUNCT
hassl-848	852	8	.	.	PUNCT
hassl-848	853	1	determinants	determinant	NOUN
hassl-848	853	2	of	of	ADP
hassl-848	853	3	board	board	NOUN
hassl-848	853	4	size	size	NOUN
hassl-848	853	5	and	and	CCONJ
hassl-848	853	6	composition	composition	NOUN
hassl-848	853	7	:	:	PUNCT
hassl-848	853	8	a	a	DET
hassl-848	853	9	theory	theory	NOUN
hassl-848	853	10	of	of	ADP
hassl-848	853	11	corporate	corporate	ADJ
hassl-848	853	12	boards	board	NOUN
hassl-848	853	13	.	.	PUNCT
hassl-848	854	1	journal	journal	NOUN
hassl-848	854	2	of	of	ADP
hassl-848	854	3	financial	financial	ADJ
hassl-848	854	4	and	and	CCONJ
hassl-848	854	5	quantitative	quantitative	ADJ
hassl-848	854	6	analysis	analysis	NOUN
hassl-848	854	7	,	,	PUNCT
hassl-848	854	8	40(2	40(2	NUM
hassl-848	854	9	)	)	PUNCT
hassl-848	854	10	,	,	PUNCT
hassl-848	854	11	283-306.available	283-306.available	NUM
hassl-848	854	12	at	at	ADP
hassl-848	854	13	:	:	PUNCT
hassl-848	854	14	https://doi.org/10.1017/s0022109000002313	https://doi.org/10.1017/s0022109000002313	PROPN
hassl-848	854	15	.	.	PUNCT
hassl-848	854	16	rahim	rahim	PROPN
hassl-848	854	17	,	,	PUNCT
hassl-848	854	18	r.	r.	PROPN
hassl-848	854	19	a.	a.	PROPN
hassl-848	854	20	,	,	PUNCT
hassl-848	854	21	yaacob	yaacob	PROPN
hassl-848	854	22	,	,	PUNCT
hassl-848	854	23	m.	m.	PROPN
hassl-848	854	24	h.	h.	PROPN
hassl-848	854	25	,	,	PUNCT
hassl-848	854	26	&	&	CCONJ
hassl-848	854	27	alias	alias	PROPN
hassl-848	854	28	,	,	PUNCT
hassl-848	854	29	n.	n.	NOUN
hassl-848	854	30	(	(	PUNCT
hassl-848	854	31	2007	2007	NUM
hassl-848	854	32	)	)	PUNCT
hassl-848	854	33	.	.	PUNCT
hassl-848	855	1	investment	investment	NOUN
hassl-848	855	2	,	,	PUNCT
hassl-848	855	3	board	board	NOUN
hassl-848	855	4	governance	governance	NOUN
hassl-848	855	5	and	and	CCONJ
hassl-848	855	6	firm	firm	ADJ
hassl-848	855	7	value	value	NOUN
hassl-848	855	8	 	 	SPACE
hassl-848	855	9	:	:	PUNCT
hassl-848	855	10	a	a	DET
hassl-848	855	11	panel	panel	NOUN
hassl-848	855	12	data	data	VERB
hassl-848	855	13	analysis	analysis	NOUN
hassl-848	855	14	.	.	PUNCT
hassl-848	856	1	1–10	1–10	NOUN
hassl-848	856	2	.	.	PUNCT
hassl-848	857	1	reverte	reverte	PROPN
hassl-848	857	2	,	,	PUNCT
hassl-848	857	3	c.	c.	PROPN
hassl-848	857	4	(	(	PUNCT
hassl-848	857	5	2009	2009	NUM
hassl-848	857	6	)	)	PUNCT
hassl-848	857	7	.	.	PUNCT
hassl-848	858	1	do	do	AUX
hassl-848	858	2	better	well	ADV
hassl-848	858	3	governed	govern	VERB
hassl-848	858	4	firms	firm	NOUN
hassl-848	858	5	enjoy	enjoy	VERB
hassl-848	858	6	a	a	DET
hassl-848	858	7	lower	low	ADJ
hassl-848	858	8	cost	cost	NOUN
hassl-848	858	9	of	of	ADP
hassl-848	858	10	equity	equity	NOUN
hassl-848	858	11	capital	capital	NOUN
hassl-848	858	12	?	?	PUNCT
hassl-848	858	13	:	:	PUNCT
hassl-848	858	14	evidence	evidence	NOUN
hassl-848	858	15	from	from	ADP
hassl-848	858	16	spanish	spanish	ADJ
hassl-848	858	17	firms	firm	NOUN
hassl-848	858	18	.	.	PUNCT
hassl-848	859	1	corporate	corporate	ADJ
hassl-848	859	2	governance	governance	NOUN
hassl-848	859	3	:	:	PUNCT
hassl-848	859	4	international	international	ADJ
hassl-848	859	5	journal	journal	NOUN
hassl-848	859	6	of	of	ADP
hassl-848	859	7	business	business	NOUN
hassl-848	859	8	in	in	ADP
hassl-848	859	9	society	society	NOUN
hassl-848	859	10	,	,	PUNCT
hassl-848	859	11	9(2	9(2	NUM
hassl-848	859	12	)	)	PUNCT
hassl-848	859	13	,	,	PUNCT
hassl-848	859	14	133-145.available	133-145.available	NUM
hassl-848	859	15	at	at	ADP
hassl-848	859	16	:	:	PUNCT
hassl-848	859	17	https://doi.org/10.1108/14720700910946587	https://doi.org/10.1108/14720700910946587	PROPN
hassl-848	859	18	.	.	PUNCT
hassl-848	859	19	sadeghi	sadeghi	PROPN
hassl-848	859	20	,	,	PUNCT
hassl-848	859	21	m.	m.	NOUN
hassl-848	859	22	(	(	PUNCT
hassl-848	859	23	2008	2008	NUM
hassl-848	859	24	)	)	PUNCT
hassl-848	859	25	.	.	PUNCT
hassl-848	860	1	financial	financial	ADJ
hassl-848	860	2	performance	performance	NOUN
hassl-848	860	3	of	of	ADP
hassl-848	860	4	shariah	shariah	PROPN
hassl-848	860	5	-	-	PUNCT
hassl-848	860	6	compliant	compliant	ADJ
hassl-848	860	7	investment	investment	NOUN
hassl-848	860	8	:	:	PUNCT
hassl-848	860	9	evidence	evidence	NOUN
hassl-848	860	10	from	from	ADP
hassl-848	860	11	malaysian	malaysian	ADJ
hassl-848	860	12	stock	stock	NOUN
hassl-848	860	13	market	market	NOUN
hassl-848	860	14	.	.	PUNCT
hassl-848	861	1	international	international	ADJ
hassl-848	861	2	research	research	PROPN
hassl-848	861	3	journal	journal	NOUN
hassl-848	861	4	of	of	ADP
hassl-848	861	5	finance	finance	NOUN
hassl-848	861	6	and	and	CCONJ
hassl-848	861	7	economics	economic	NOUN
hassl-848	861	8	,	,	PUNCT
hassl-848	861	9	20(8	20(8	NOUN
hassl-848	861	10	)	)	PUNCT
hassl-848	861	11	,	,	PUNCT
hassl-848	861	12	15	15	NUM
hassl-848	861	13	-	-	SYM
hassl-848	861	14	24	24	NUM
hassl-848	861	15	.	.	PUNCT
hassl-848	862	1	saleh	saleh	NOUN
hassl-848	862	2	,	,	PUNCT
hassl-848	862	3	n.	n.	PROPN
hassl-848	862	4	m.	m.	NOUN
hassl-848	862	5	,	,	PUNCT
hassl-848	862	6	iskandar	iskandar	PROPN
hassl-848	862	7	,	,	PUNCT
hassl-848	862	8	t.	t.	NOUN
hassl-848	862	9	m.	m.	NOUN
hassl-848	862	10	,	,	PUNCT
hassl-848	862	11	&	&	CCONJ
hassl-848	862	12	rahmat	rahmat	PROPN
hassl-848	862	13	,	,	PUNCT
hassl-848	862	14	m.	m.	NOUN
hassl-848	862	15	m.	m.	NOUN
hassl-848	862	16	(	(	PUNCT
hassl-848	862	17	2007	2007	NUM
hassl-848	862	18	)	)	PUNCT
hassl-848	862	19	.	.	PUNCT
hassl-848	863	1	audit	audit	NOUN
hassl-848	863	2	committee	committee	NOUN
hassl-848	863	3	characteristics	characteristic	NOUN
hassl-848	863	4	and	and	CCONJ
hassl-848	863	5	earnings	earning	NOUN
hassl-848	863	6	management	management	NOUN
hassl-848	863	7	:	:	PUNCT
hassl-848	863	8	evidence	evidence	NOUN
hassl-848	863	9	from	from	ADP
hassl-848	863	10	malaysia	malaysia	PROPN
hassl-848	863	11	.	.	PUNCT
hassl-848	864	1	asian	asian	PROPN
hassl-848	864	2	review	review	NOUN
hassl-848	864	3	of	of	ADP
hassl-848	864	4	accounting	accounting	NOUN
hassl-848	864	5	,	,	PUNCT
hassl-848	864	6	15(2	15(2	NUM
hassl-848	864	7	)	)	PUNCT
hassl-848	864	8	,	,	PUNCT
hassl-848	864	9	147–163.available	147–163.available	NUM
hassl-848	864	10	at	at	ADP
hassl-848	864	11	:	:	PUNCT
hassl-848	864	12	https://doi.org/10.1108/13217340710823369	https://doi.org/10.1108/13217340710823369	PROPN
hassl-848	864	13	.	.	PUNCT
hassl-848	865	1	sällebrant	sällebrant	PROPN
hassl-848	865	2	,	,	PUNCT
hassl-848	865	3	t.	t.	PROPN
hassl-848	865	4	,	,	PUNCT
hassl-848	865	5	hansen	hansen	PROPN
hassl-848	865	6	,	,	PUNCT
hassl-848	865	7	j.	j.	PROPN
hassl-848	865	8	,	,	PUNCT
hassl-848	865	9	bontis	bontis	PROPN
hassl-848	865	10	,	,	PUNCT
hassl-848	865	11	n.	n.	NOUN
hassl-848	865	12	,	,	PUNCT
hassl-848	865	13	&	&	CCONJ
hassl-848	865	14	hofman	hofman	PROPN
hassl-848	865	15	-	-	PUNCT
hassl-848	865	16	bang	bang	PROPN
hassl-848	865	17	,	,	PUNCT
hassl-848	865	18	p.	p.	NOUN
hassl-848	865	19	(	(	PUNCT
hassl-848	865	20	2007	2007	NUM
hassl-848	865	21	)	)	PUNCT
hassl-848	865	22	.	.	PUNCT
hassl-848	866	1	managing	manage	VERB
hassl-848	866	2	risk	risk	NOUN
hassl-848	866	3	with	with	ADP
hassl-848	866	4	intellectual	intellectual	ADJ
hassl-848	866	5	capital	capital	NOUN
hassl-848	866	6	statements	statement	NOUN
hassl-848	866	7	.	.	PUNCT
hassl-848	867	1	management	management	NOUN
hassl-848	867	2	decision	decision	NOUN
hassl-848	867	3	,	,	PUNCT
hassl-848	867	4	45(9	45(9	NUM
hassl-848	867	5	)	)	PUNCT
hassl-848	867	6	,	,	PUNCT
hassl-848	867	7	1470-1483.available	1470-1483.available	ADJ
hassl-848	867	8	at	at	ADP
hassl-848	867	9	:	:	PUNCT
hassl-848	867	10	https://doi.org/10.1108/00251740710828717	https://doi.org/10.1108/00251740710828717	PROPN
hassl-848	867	11	.	.	PUNCT
hassl-848	868	1	sampson	sampson	NOUN
hassl-848	868	2	-	-	PUNCT
hassl-848	868	3	akpuru	akpuru	NOUN
hassl-848	868	4	,	,	PUNCT
hassl-848	868	5	m.	m.	NOUN
hassl-848	868	6	(	(	PUNCT
hassl-848	868	7	2010	2010	NUM
hassl-848	868	8	)	)	PUNCT
hassl-848	868	9	.	.	PUNCT
hassl-848	869	1	is	be	AUX
hassl-848	869	2	ceo	ceo	NOUN
hassl-848	869	3	/	/	SYM
hassl-848	869	4	chair	chair	NOUN
hassl-848	869	5	duality	duality	NOUN
hassl-848	869	6	associated	associate	VERB
hassl-848	869	7	with	with	ADP
hassl-848	869	8	greater	great	ADJ
hassl-848	869	9	likelihood	likelihood	NOUN
hassl-848	869	10	of	of	ADP
hassl-848	869	11	an	an	DET
hassl-848	869	12	international	international	ADJ
hassl-848	869	13	acquisition	acquisition	NOUN
hassl-848	869	14	?	?	PUNCT
hassl-848	870	1	new	new	PROPN
hassl-848	870	2	york	york	PROPN
hassl-848	870	3	times	times	PROPN
hassl-848	870	4	.	.	PUNCT
hassl-848	871	1	retrieved	retrieve	VERB
hassl-848	871	2	from	from	ADP
hassl-848	871	3	:	:	PUNCT
hassl-848	871	4	http://michiganjb.org/issues/21/text21c.pdf	http://michiganjb.org/issues/21/text21c.pdf	PROPN
hassl-848	871	5	.	.	PUNCT
hassl-848	872	1	81–97	81–97	NUM
hassl-848	872	2	.	.	PUNCT
hassl-848	873	1	sekaran	sekaran	NOUN
hassl-848	873	2	,	,	PUNCT
hassl-848	873	3	u.	u.	PROPN
hassl-848	873	4	(	(	PUNCT
hassl-848	873	5	2013	2013	NUM
hassl-848	873	6	)	)	PUNCT
hassl-848	873	7	.	.	PUNCT
hassl-848	874	1	research	research	NOUN
hassl-848	874	2	methods	method	NOUN
hassl-848	874	3	for	for	ADP
hassl-848	874	4	business	business	NOUN
hassl-848	874	5	(	(	PUNCT
hassl-848	874	6	vol	vol	NOUN
hassl-848	874	7	.	.	PROPN
hassl-848	874	8	65	65	NUM
hassl-848	874	9	):	):	PUNCT
hassl-848	874	10	cambridge	cambridge	PROPN
hassl-848	874	11	university	university	PROPN
hassl-848	874	12	press	press	NOUN
hassl-848	874	13	.	.	PUNCT
hassl-848	875	1	sharpe	sharpe	PROPN
hassl-848	875	2	,	,	PUNCT
hassl-848	875	3	w.	w.	PROPN
hassl-848	875	4	f.	f.	PROPN
hassl-848	875	5	w.	w.	PROPN
hassl-848	875	6	(	(	PUNCT
hassl-848	875	7	1964	1964	NUM
hassl-848	875	8	)	)	PUNCT
hassl-848	875	9	.	.	PUNCT
hassl-848	876	1	capital	capital	NOUN
hassl-848	876	2	asset	asset	NOUN
hassl-848	876	3	prices	price	NOUN
hassl-848	876	4	:	:	PUNCT
hassl-848	876	5	a	a	DET
hassl-848	876	6	theory	theory	NOUN
hassl-848	876	7	of	of	ADP
hassl-848	876	8	market	market	NOUN
hassl-848	876	9	equilibrium	equilibrium	NOUN
hassl-848	876	10	under	under	ADP
hassl-848	876	11	conditions	condition	NOUN
hassl-848	876	12	of	of	ADP
hassl-848	876	13	risk	risk	NOUN
hassl-848	876	14	.	.	PUNCT
hassl-848	877	1	the	the	DET
hassl-848	877	2	journal	journal	PROPN
hassl-848	877	3	of	of	ADP
hassl-848	877	4	finance	finance	NOUN
hassl-848	877	5	,	,	PUNCT
hassl-848	877	6	19	19	NUM
hassl-848	877	7	,	,	PUNCT
hassl-848	877	8	425–442.available	425–442.available	NUM
hassl-848	877	9	at	at	ADP
hassl-848	877	10	:	:	PUNCT
hassl-848	877	11	https://doi.org/10.2307/2977928	https://doi.org/10.2307/2977928	PROPN
hassl-848	877	12	.	.	PUNCT
hassl-848	878	1	shijun	shijun	PROPN
hassl-848	878	2	,	,	PUNCT
hassl-848	878	3	c.	c.	PROPN
hassl-848	878	4	,	,	PUNCT
hassl-848	878	5	evans	evans	PROPN
hassl-848	878	6	,	,	PUNCT
hassl-848	878	7	j.	j.	PROPN
hassl-848	878	8	h.	h.	PROPN
hassl-848	878	9	,	,	PUNCT
hassl-848	878	10	&	&	CCONJ
hassl-848	878	11	nagarajan	nagarajan	PROPN
hassl-848	878	12	,	,	PUNCT
hassl-848	878	13	n.	n.	PROPN
hassl-848	878	14	j.	j.	PROPN
hassl-848	878	15	(	(	PUNCT
hassl-848	878	16	2008	2008	NUM
hassl-848	878	17	)	)	PUNCT
hassl-848	878	18	.	.	PUNCT
hassl-848	879	1	board	board	NOUN
hassl-848	879	2	size	size	NOUN
hassl-848	879	3	and	and	CCONJ
hassl-848	879	4	firm	firm	ADJ
hassl-848	879	5	performance	performance	NOUN
hassl-848	879	6	:	:	PUNCT
hassl-848	879	7	rhe	rhe	NOUN
hassl-848	879	8	moderating	moderate	VERB
hassl-848	879	9	effects	effect	NOUN
hassl-848	879	10	of	of	ADP
hassl-848	879	11	the	the	DET
hassl-848	879	12	market	market	NOUN
hassl-848	879	13	for	for	ADP
hassl-848	879	14	corporate	corporate	ADJ
hassl-848	879	15	control	control	NOUN
hassl-848	879	16	.	.	PUNCT
hassl-848	880	1	review	review	NOUN
hassl-848	880	2	of	of	ADP
hassl-848	880	3	quantitative	quantitative	ADJ
hassl-848	880	4	finance	finance	NOUN
hassl-848	880	5	and	and	CCONJ
hassl-848	880	6	accounting	accounting	NOUN
hassl-848	880	7	,	,	PUNCT
hassl-848	880	8	31(2	31(2	NUM
hassl-848	880	9	)	)	PUNCT
hassl-848	880	10	,	,	PUNCT
hassl-848	880	11	121-145.available	121-145.available	NUM
hassl-848	880	12	at	at	ADP
hassl-848	880	13	:	:	PUNCT
hassl-848	880	14	https://doi.org/10.1007/s11156-007-0074-3	https://doi.org/10.1007/s11156-007-0074-3	NUM
hassl-848	880	15	.	.	PUNCT
hassl-848	881	1	shil	shil	PROPN
hassl-848	881	2	,	,	PUNCT
hassl-848	881	3	n.	n.	PROPN
hassl-848	881	4	c.	c.	PROPN
hassl-848	881	5	(	(	PUNCT
hassl-848	881	6	2008	2008	NUM
hassl-848	881	7	)	)	PUNCT
hassl-848	881	8	.	.	PUNCT
hassl-848	882	1	accounting	account	VERB
hassl-848	882	2	for	for	ADP
hassl-848	882	3	good	good	ADJ
hassl-848	882	4	corporate	corporate	ADJ
hassl-848	882	5	governance	governance	NOUN
hassl-848	882	6	.	.	PUNCT
hassl-848	883	1	joaag	joaag	PROPN
hassl-848	883	2	,	,	PUNCT
hassl-848	883	3	3(1	3(1	NUM
hassl-848	883	4	)	)	PUNCT
hassl-848	883	5	,	,	PUNCT
hassl-848	883	6	22–31	22–31	NUM
hassl-848	883	7	.	.	PUNCT
hassl-848	883	8	shirouyehzad	shirouyehzad	PROPN
hassl-848	883	9	,	,	PUNCT
hassl-848	883	10	h.	h.	PROPN
hassl-848	883	11	,	,	PUNCT
hassl-848	883	12	hosseinzadeh	hosseinzadeh	NOUN
hassl-848	883	13	lotfi	lotfi	PROPN
hassl-848	883	14	,	,	PUNCT
hassl-848	883	15	f.	f.	PROPN
hassl-848	883	16	,	,	PUNCT
hassl-848	883	17	&	&	CCONJ
hassl-848	883	18	dabestani	dabestani	PROPN
hassl-848	883	19	,	,	PUNCT
hassl-848	883	20	r.	r.	PROPN
hassl-848	883	21	(	(	PUNCT
hassl-848	883	22	2014	2014	NUM
hassl-848	883	23	)	)	PUNCT
hassl-848	883	24	.	.	PUNCT
hassl-848	884	1	a	a	DET
hassl-848	884	2	modified	modify	VERB
hassl-848	884	3	model	model	NOUN
hassl-848	884	4	for	for	ADP
hassl-848	884	5	sensitivity	sensitivity	NOUN
hassl-848	884	6	analysis	analysis	NOUN
hassl-848	884	7	of	of	ADP
hassl-848	884	8	inefficient	inefficient	ADJ
hassl-848	884	9	dmus	dmus	NOUN
hassl-848	884	10	in	in	ADP
hassl-848	884	11	dea	dea	PROPN
hassl-848	884	12	:	:	PUNCT
hassl-848	884	13	a	a	DET
hassl-848	884	14	case	case	NOUN
hassl-848	884	15	study	study	NOUN
hassl-848	884	16	in	in	ADP
hassl-848	884	17	hotel	hotel	NOUN
hassl-848	884	18	industry	industry	NOUN
hassl-848	884	19	.	.	PUNCT
hassl-848	885	1	international	international	ADJ
hassl-848	885	2	journal	journal	PROPN
hassl-848	885	3	of	of	ADP
hassl-848	885	4	operational	operational	ADJ
hassl-848	885	5	research	research	NOUN
hassl-848	885	6	,	,	PUNCT
hassl-848	885	7	19(2	19(2	NUM
hassl-848	885	8	)	)	PUNCT
hassl-848	885	9	,	,	PUNCT
hassl-848	885	10	186-197.available	186-197.available	NUM
hassl-848	885	11	at	at	ADP
hassl-848	885	12	:	:	PUNCT
hassl-848	885	13	https://doi.org/10.1504/ijor.2014.058951	https://doi.org/10.1504/ijor.2014.058951	PROPN
hassl-848	885	14	.	.	PUNCT
hassl-848	886	1	singh	singh	PROPN
hassl-848	886	2	,	,	PUNCT
hassl-848	886	3	h.	h.	PROPN
hassl-848	886	4	,	,	PUNCT
hassl-848	886	5	&	&	CCONJ
hassl-848	886	6	harianto	harianto	PROPN
hassl-848	886	7	,	,	PUNCT
hassl-848	886	8	f.	f.	PROPN
hassl-848	886	9	(	(	PUNCT
hassl-848	886	10	1989	1989	NUM
hassl-848	886	11	)	)	PUNCT
hassl-848	886	12	.	.	PUNCT
hassl-848	887	1	management	management	NOUN
hassl-848	887	2	-	-	PUNCT
hassl-848	887	3	board	board	NOUN
hassl-848	887	4	relationships	relationship	NOUN
hassl-848	887	5	,	,	PUNCT
hassl-848	887	6	takeover	takeover	NOUN
hassl-848	887	7	risk	risk	NOUN
hassl-848	887	8	,	,	PUNCT
hassl-848	887	9	and	and	CCONJ
hassl-848	887	10	the	the	DET
hassl-848	887	11	adoption	adoption	NOUN
hassl-848	887	12	of	of	ADP
hassl-848	887	13	golden	golden	ADJ
hassl-848	887	14	parachutes	parachute	NOUN
hassl-848	887	15	.	.	PUNCT
hassl-848	888	1	academy	academy	PROPN
hassl-848	888	2	of	of	ADP
hassl-848	888	3	management	management	PROPN
hassl-848	888	4	journal	journal	PROPN
hassl-848	888	5	,	,	PUNCT
hassl-848	888	6	32(1	32(1	NUM
hassl-848	888	7	)	)	PUNCT
hassl-848	888	8	,	,	PUNCT
hassl-848	888	9	7-24.available	7-24.available	NOUN
hassl-848	888	10	at	at	ADP
hassl-848	888	11	:	:	PUNCT
hassl-848	888	12	https://doi.org/10.2307/256417	https://doi.org/10.2307/256417	X
hassl-848	888	13	.	.	PUNCT
hassl-848	889	1	singhal	singhal	NOUN
hassl-848	889	2	,	,	PUNCT
hassl-848	889	3	a.	a.	NOUN
hassl-848	889	4	(	(	PUNCT
hassl-848	889	5	2014	2014	NUM
hassl-848	889	6	)	)	PUNCT
hassl-848	889	7	.	.	PUNCT
hassl-848	890	1	corporate	corporate	ADJ
hassl-848	890	2	governance	governance	NOUN
hassl-848	890	3	,	,	PUNCT
hassl-848	890	4	cost	cost	NOUN
hassl-848	890	5	of	of	ADP
hassl-848	890	6	capital	capital	NOUN
hassl-848	890	7	and	and	CCONJ
hassl-848	890	8	value	value	NOUN
hassl-848	890	9	creation	creation	NOUN
hassl-848	890	10	:	:	PUNCT
hassl-848	890	11	evidence	evidence	NOUN
hassl-848	890	12	from	from	ADP
hassl-848	890	13	indian	indian	ADJ
hassl-848	890	14	firms	firm	NOUN
hassl-848	890	15	.	.	PUNCT
hassl-848	891	1	iosr	iosr	ADJ
hassl-848	891	2	journal	journal	PROPN
hassl-848	891	3	of	of	ADP
hassl-848	891	4	economics	economic	NOUN
hassl-848	891	5	and	and	CCONJ
hassl-848	891	6	finance	finance	NOUN
hassl-848	891	7	,	,	PUNCT
hassl-848	891	8	4(6	4(6	NUM
hassl-848	891	9	)	)	PUNCT
hassl-848	891	10	,	,	PUNCT
hassl-848	891	11	36-54.available	36-54.available	NUM
hassl-848	891	12	at	at	ADP
hassl-848	891	13	:	:	PUNCT
hassl-848	891	14	https://doi.org/10.9790/5933-0463654	https://doi.org/10.9790/5933-0463654	PROPN
hassl-848	891	15	.	.	PROPN
hassl-848	891	16	tang	tang	PROPN
hassl-848	891	17	,	,	PUNCT
hassl-848	891	18	j.	j.	PROPN
hassl-848	891	19	(	(	PUNCT
hassl-848	891	20	2017	2017	NUM
hassl-848	891	21	)	)	PUNCT
hassl-848	891	22	.	.	PUNCT
hassl-848	892	1	ceo	ceo	NOUN
hassl-848	892	2	duality	duality	NOUN
hassl-848	892	3	and	and	CCONJ
hassl-848	892	4	firm	firm	ADJ
hassl-848	892	5	performance	performance	NOUN
hassl-848	892	6	:	:	PUNCT
hassl-848	892	7	the	the	DET
hassl-848	892	8	moderating	moderate	VERB
hassl-848	892	9	roles	role	NOUN
hassl-848	892	10	of	of	ADP
hassl-848	892	11	other	other	ADJ
hassl-848	892	12	executives	executive	NOUN
hassl-848	892	13	and	and	CCONJ
hassl-848	892	14	blockholding	blockholde	VERB
hassl-848	892	15	outside	outside	ADJ
hassl-848	892	16	directors	director	NOUN
hassl-848	892	17	.	.	PUNCT
hassl-848	893	1	european	european	ADJ
hassl-848	893	2	management	management	PROPN
hassl-848	893	3	journal	journal	PROPN
hassl-848	893	4	,	,	PUNCT
hassl-848	893	5	35(3	35(3	NUM
hassl-848	893	6	)	)	PUNCT
hassl-848	893	7	,	,	PUNCT
hassl-848	893	8	362-372.available	362-372.available	NUM
hassl-848	893	9	at	at	ADP
hassl-848	893	10	:	:	PUNCT
hassl-848	893	11	https://doi.org/10.1016/j.emj.2016.05.003	https://doi.org/10.1016/j.emj.2016.05.003	PROPN
hassl-848	893	12	.	.	PROPN
hassl-848	893	13	tarraf	tarraf	PROPN
hassl-848	893	14	,	,	PUNCT
hassl-848	893	15	h.	h.	PROPN
hassl-848	893	16	(	(	PUNCT
hassl-848	893	17	2012	2012	NUM
hassl-848	893	18	)	)	PUNCT
hassl-848	893	19	.	.	PUNCT
hassl-848	894	1	exploring	explore	VERB
hassl-848	894	2	the	the	DET
hassl-848	894	3	relationship	relationship	NOUN
hassl-848	894	4	among	among	ADP
hassl-848	894	5	corporate	corporate	ADJ
hassl-848	894	6	governance	governance	NOUN
hassl-848	894	7	,	,	PUNCT
hassl-848	894	8	risk	risk	NOUN
hassl-848	894	9	taking	taking	NOUN
hassl-848	894	10	and	and	CCONJ
hassl-848	894	11	financial	financial	ADJ
hassl-848	894	12	performance	performance	NOUN
hassl-848	894	13	during	during	ADP
hassl-848	894	14	the	the	DET
hassl-848	894	15	2007	2007	NUM
hassl-848	894	16	-	-	SYM
hassl-848	894	17	2008	2008	NUM
hassl-848	894	18	financial	financial	ADJ
hassl-848	894	19	crisis	crisis	NOUN
hassl-848	894	20	:	:	PUNCT
hassl-848	894	21	evidence	evidence	NOUN
hassl-848	894	22	from	from	ADP
hassl-848	894	23	u.s	u.s	PROPN
hassl-848	894	24	bank	bank	NOUN
hassl-848	894	25	holding	hold	VERB
hassl-848	894	26	companies	company	NOUN
hassl-848	894	27	.	.	PUNCT
hassl-848	895	1	journal	journal	PROPN
hassl-848	895	2	of	of	ADP
hassl-848	895	3	finance	finance	NOUN
hassl-848	895	4	and	and	CCONJ
hassl-848	895	5	accountancy	accountancy	NOUN
hassl-848	895	6	,	,	PUNCT
hassl-848	895	7	1(2	1(2	NUM
hassl-848	895	8	)	)	PUNCT
hassl-848	895	9	,	,	PUNCT
hassl-848	895	10	1	1	NUM
hassl-848	895	11	-	-	SYM
hassl-848	895	12	18	18	NUM
hassl-848	895	13	.	.	PUNCT
hassl-848	896	1	http://michiganjb.org/issues/21/text21c.pdf	http://michiganjb.org/issues/21/text21c.pdf	PROPN
hassl-848	896	2	humanities	humanities	PROPN
hassl-848	896	3	and	and	CCONJ
hassl-848	896	4	social	social	ADJ
hassl-848	896	5	sciences	science	NOUN
hassl-848	896	6	letters	letter	NOUN
hassl-848	896	7	,	,	PUNCT
hassl-848	896	8	2020	2020	NUM
hassl-848	896	9	,	,	PUNCT
hassl-848	896	10	8(2	8(2	NUM
hassl-848	896	11	):	):	PUNCT
hassl-848	896	12	169	169	NUM
hassl-848	896	13	-	-	SYM
hassl-848	896	14	193	193	NUM
hassl-848	896	15	193	193	NUM
hassl-848	896	16	©	©	PROPN
hassl-848	896	17	2020	2020	NUM
hassl-848	896	18	conscientia	conscientia	PROPN
hassl-848	896	19	beam	beam	PROPN
hassl-848	896	20	.	.	PUNCT
hassl-848	897	1	all	all	DET
hassl-848	897	2	rights	right	NOUN
hassl-848	897	3	reserved	reserve	VERB
hassl-848	897	4	.	.	PUNCT
hassl-848	898	1	tsui	tsui	PROPN
hassl-848	898	2	,	,	PUNCT
hassl-848	898	3	j.	j.	PROPN
hassl-848	898	4	,	,	PUNCT
hassl-848	898	5	&	&	CCONJ
hassl-848	898	6	gul	gul	PROPN
hassl-848	898	7	,	,	PUNCT
hassl-848	898	8	f.	f.	PROPN
hassl-848	898	9	a.	a.	PROPN
hassl-848	898	10	(	(	PUNCT
hassl-848	898	11	2003	2003	NUM
hassl-848	898	12	)	)	PUNCT
hassl-848	898	13	.	.	PUNCT
hassl-848	899	1	consultancy	consultancy	NOUN
hassl-848	899	2	on	on	ADP
hassl-848	899	3	the	the	DET
hassl-848	899	4	roles	role	NOUN
hassl-848	899	5	and	and	CCONJ
hassl-848	899	6	functions	function	NOUN
hassl-848	899	7	of	of	ADP
hassl-848	899	8	audit	audit	NOUN
hassl-848	899	9	,	,	PUNCT
hassl-848	899	10	nomination	nomination	NOUN
hassl-848	899	11	and	and	CCONJ
hassl-848	899	12	remuneration	remuneration	NOUN
hassl-848	899	13	committees	committee	NOUN
hassl-848	899	14	in	in	ADP
hassl-848	899	15	connection	connection	NOUN
hassl-848	899	16	with	with	ADP
hassl-848	899	17	the	the	DET
hassl-848	899	18	corporate	corporate	ADJ
hassl-848	899	19	governance	governance	NOUN
hassl-848	899	20	review	review	NOUN
hassl-848	899	21	.	.	PUNCT
hassl-848	900	1	report	report	NOUN
hassl-848	900	2	,	,	PUNCT
hassl-848	900	3	city	city	PROPN
hassl-848	900	4	university	university	NOUN
hassl-848	900	5	professional	professional	ADJ
hassl-848	900	6	services	service	NOUN
hassl-848	900	7	.	.	PUNCT
hassl-848	901	1	uma	uma	PROPN
hassl-848	901	2	,	,	PUNCT
hassl-848	901	3	s.	s.	PROPN
hassl-848	901	4	(	(	PUNCT
hassl-848	901	5	2003	2003	NUM
hassl-848	901	6	)	)	PUNCT
hassl-848	901	7	.	.	PUNCT
hassl-848	902	1	research	research	NOUN
hassl-848	902	2	methods	method	NOUN
hassl-848	902	3	for	for	ADP
hassl-848	902	4	business	business	NOUN
hassl-848	902	5	:	:	PUNCT
hassl-848	902	6	a	a	DET
hassl-848	902	7	skill	skill	NOUN
hassl-848	902	8	-	-	PUNCT
hassl-848	902	9	building	building	NOUN
hassl-848	902	10	approach	approach	NOUN
hassl-848	902	11	(	(	PUNCT
hassl-848	902	12	4th	4th	ADJ
hassl-848	902	13	ed	ed	NOUN
hassl-848	902	14	.	.	PUNCT
hassl-848	902	15	)	)	PUNCT
hassl-848	902	16	.	.	PUNCT
hassl-848	903	1	vafeas	vafea	NOUN
hassl-848	903	2	,	,	PUNCT
hassl-848	903	3	n.	n.	NOUN
hassl-848	903	4	(	(	PUNCT
hassl-848	903	5	1999	1999	NUM
hassl-848	903	6	)	)	PUNCT
hassl-848	903	7	.	.	PUNCT
hassl-848	904	1	board	board	NOUN
hassl-848	904	2	meeting	meeting	NOUN
hassl-848	904	3	frequency	frequency	NOUN
hassl-848	904	4	and	and	CCONJ
hassl-848	904	5	firm	firm	ADJ
hassl-848	904	6	performance	performance	NOUN
hassl-848	904	7	.	.	PUNCT
hassl-848	905	1	journal	journal	NOUN
hassl-848	905	2	of	of	ADP
hassl-848	905	3	financial	financial	ADJ
hassl-848	905	4	economics	economic	NOUN
hassl-848	905	5	,	,	PUNCT
hassl-848	905	6	53(1	53(1	NOUN
hassl-848	905	7	)	)	PUNCT
hassl-848	905	8	,	,	PUNCT
hassl-848	905	9	113-142.available	113-142.available	NUM
hassl-848	905	10	at	at	ADP
hassl-848	905	11	:	:	PUNCT
hassl-848	905	12	https://doi.org/10.1016/s0304-405x(99)00018-5	https://doi.org/10.1016/s0304-405x(99)00018-5	PROPN
hassl-848	905	13	.	.	PUNCT
hassl-848	905	14	vafeas	vafea	NOUN
hassl-848	905	15	,	,	PUNCT
hassl-848	905	16	n.	n.	NOUN
hassl-848	905	17	(	(	PUNCT
hassl-848	905	18	2000	2000	NUM
hassl-848	905	19	)	)	PUNCT
hassl-848	905	20	.	.	PUNCT
hassl-848	906	1	board	board	NOUN
hassl-848	906	2	structure	structure	NOUN
hassl-848	906	3	and	and	CCONJ
hassl-848	906	4	the	the	DET
hassl-848	906	5	informativeness	informativeness	NOUN
hassl-848	906	6	of	of	ADP
hassl-848	906	7	earnings	earning	NOUN
hassl-848	906	8	.	.	PUNCT
hassl-848	907	1	journal	journal	NOUN
hassl-848	907	2	of	of	ADP
hassl-848	907	3	accounting	accounting	NOUN
hassl-848	907	4	and	and	CCONJ
hassl-848	907	5	public	public	ADJ
hassl-848	907	6	policy	policy	NOUN
hassl-848	907	7	,	,	PUNCT
hassl-848	907	8	19(2	19(2	NUM
hassl-848	907	9	)	)	PUNCT
hassl-848	907	10	,	,	PUNCT
hassl-848	907	11	139160.available	139160.available	NUM
hassl-848	907	12	at	at	ADP
hassl-848	907	13	:	:	PUNCT
hassl-848	907	14	https://doi.org/10.1016/s0278-4254(00)00006-5	https://doi.org/10.1016/s0278-4254(00)00006-5	PROPN
hassl-848	907	15	.	.	PUNCT
hassl-848	908	1	wang	wang	PROPN
hassl-848	908	2	,	,	PUNCT
hassl-848	908	3	y.	y.	PROPN
hassl-848	908	4	,	,	PUNCT
hassl-848	908	5	&	&	CCONJ
hassl-848	908	6	oliver	oliver	PROPN
hassl-848	908	7	,	,	PUNCT
hassl-848	908	8	j.	j.	PROPN
hassl-848	908	9	(	(	PUNCT
hassl-848	908	10	2009	2009	NUM
hassl-848	908	11	)	)	PUNCT
hassl-848	908	12	.	.	PUNCT
hassl-848	909	1	board	board	NOUN
hassl-848	909	2	composition	composition	NOUN
hassl-848	909	3	and	and	CCONJ
hassl-848	909	4	firm	firm	ADJ
hassl-848	909	5	performance	performance	NOUN
hassl-848	909	6	variance	variance	NOUN
hassl-848	909	7	:	:	PUNCT
hassl-848	909	8	australian	australian	ADJ
hassl-848	909	9	evidence	evidence	NOUN
hassl-848	909	10	.	.	PUNCT
hassl-848	910	1	accounting	accounting	NOUN
hassl-848	910	2	research	research	PROPN
hassl-848	910	3	journal	journal	NOUN
hassl-848	910	4	,	,	PUNCT
hassl-848	910	5	22(2	22(2	NUM
hassl-848	910	6	)	)	PUNCT
hassl-848	910	7	,	,	PUNCT
hassl-848	910	8	196–212.available	196–212.available	NUM
hassl-848	910	9	at	at	ADP
hassl-848	910	10	:	:	PUNCT
hassl-848	910	11	https://doi.org/10.1108/10309610910987510	https://doi.org/10.1108/10309610910987510	PROPN
hassl-848	910	12	.	.	PROPN
hassl-848	910	13	welch	welch	PROPN
hassl-848	910	14	,	,	PUNCT
hassl-848	910	15	e.	e.	PROPN
hassl-848	910	16	(	(	PUNCT
hassl-848	910	17	2003	2003	NUM
hassl-848	910	18	)	)	PUNCT
hassl-848	910	19	.	.	PUNCT
hassl-848	911	1	the	the	DET
hassl-848	911	2	relationship	relationship	NOUN
hassl-848	911	3	between	between	ADP
hassl-848	911	4	ownership	ownership	NOUN
hassl-848	911	5	structure	structure	NOUN
hassl-848	911	6	and	and	CCONJ
hassl-848	911	7	performance	performance	NOUN
hassl-848	911	8	in	in	ADP
hassl-848	911	9	listed	list	VERB
hassl-848	911	10	australian	australian	ADJ
hassl-848	911	11	companies	company	NOUN
hassl-848	911	12	.	.	PUNCT
hassl-848	912	1	australian	australian	ADJ
hassl-848	912	2	journal	journal	NOUN
hassl-848	912	3	of	of	ADP
hassl-848	912	4	management	management	NOUN
hassl-848	912	5	,	,	PUNCT
hassl-848	912	6	28(3	28(3	NUM
hassl-848	912	7	)	)	PUNCT
hassl-848	912	8	,	,	PUNCT
hassl-848	912	9	287-305.available	287-305.available	NUM
hassl-848	912	10	at	at	ADP
hassl-848	912	11	:	:	PUNCT
hassl-848	912	12	https://doi.org/10.1177/031289620302800304	https://doi.org/10.1177/031289620302800304	PROPN
hassl-848	912	13	.	.	PUNCT
hassl-848	913	1	xie	xie	PROPN
hassl-848	913	2	,	,	PUNCT
hassl-848	913	3	b.	b.	PROPN
hassl-848	913	4	,	,	PUNCT
hassl-848	913	5	davidson	davidson	PROPN
hassl-848	913	6	,	,	PUNCT
hassl-848	913	7	i.	i.	PROPN
hassl-848	913	8	w.	w.	PROPN
hassl-848	913	9	n.	n.	PROPN
hassl-848	913	10	,	,	PUNCT
hassl-848	913	11	&	&	CCONJ
hassl-848	913	12	dadalt	dadalt	NOUN
hassl-848	913	13	,	,	PUNCT
hassl-848	913	14	p.	p.	NOUN
hassl-848	913	15	j.	j.	PROPN
hassl-848	913	16	(	(	PUNCT
hassl-848	913	17	2003	2003	NUM
hassl-848	913	18	)	)	PUNCT
hassl-848	913	19	.	.	PUNCT
hassl-848	914	1	earnings	earning	NOUN
hassl-848	914	2	management	management	NOUN
hassl-848	914	3	and	and	CCONJ
hassl-848	914	4	corporate	corporate	ADJ
hassl-848	914	5	governance	governance	NOUN
hassl-848	914	6	:	:	PUNCT
hassl-848	914	7	the	the	DET
hassl-848	914	8	role	role	NOUN
hassl-848	914	9	of	of	ADP
hassl-848	914	10	the	the	DET
hassl-848	914	11	board	board	NOUN
hassl-848	914	12	and	and	CCONJ
hassl-848	914	13	the	the	DET
hassl-848	914	14	audit	audit	NOUN
hassl-848	914	15	committee	committee	NOUN
hassl-848	914	16	.	.	PUNCT
hassl-848	915	1	journal	journal	NOUN
hassl-848	915	2	of	of	ADP
hassl-848	915	3	corporate	corporate	ADJ
hassl-848	915	4	finance	finance	NOUN
hassl-848	915	5	,	,	PUNCT
hassl-848	915	6	9(3	9(3	NUM
hassl-848	915	7	)	)	PUNCT
hassl-848	915	8	,	,	PUNCT
hassl-848	915	9	295-316.available	295-316.available	NUM
hassl-848	915	10	at	at	ADP
hassl-848	915	11	:	:	PUNCT
hassl-848	915	12	https://doi.org/10.1016/s09291199(02)00006-8	https://doi.org/10.1016/s09291199(02)00006-8	PROPN
hassl-848	915	13	.	.	PUNCT
hassl-848	916	1	yermack	yermack	PROPN
hassl-848	916	2	,	,	PUNCT
hassl-848	916	3	d.	d.	PROPN
hassl-848	916	4	(	(	PUNCT
hassl-848	916	5	1996	1996	NUM
hassl-848	916	6	)	)	PUNCT
hassl-848	916	7	.	.	PUNCT
hassl-848	917	1	higher	high	ADJ
hassl-848	917	2	market	market	NOUN
hassl-848	917	3	valuation	valuation	NOUN
hassl-848	917	4	of	of	ADP
hassl-848	917	5	companies	company	NOUN
hassl-848	917	6	with	with	ADP
hassl-848	917	7	a	a	DET
hassl-848	917	8	small	small	ADJ
hassl-848	917	9	board	board	NOUN
hassl-848	917	10	of	of	ADP
hassl-848	917	11	directors	director	NOUN
hassl-848	917	12	.	.	PUNCT
hassl-848	918	1	journal	journal	NOUN
hassl-848	918	2	of	of	ADP
hassl-848	918	3	financial	financial	ADJ
hassl-848	918	4	economics	economic	NOUN
hassl-848	918	5	,	,	PUNCT
hassl-848	918	6	40(2	40(2	NUM
hassl-848	918	7	)	)	PUNCT
hassl-848	918	8	,	,	PUNCT
hassl-848	918	9	185-211.available	185-211.available	NUM
hassl-848	918	10	at	at	ADP
hassl-848	918	11	:	:	PUNCT
hassl-848	918	12	https://doi.org/10.1016/0304-405x(95)00844-5	https://doi.org/10.1016/0304-405x(95)00844-5	NOUN
hassl-848	918	13	.	.	PUNCT
hassl-848	918	14	zábojníková	zábojníková	PROPN
hassl-848	918	15	,	,	PUNCT
hassl-848	918	16	g.	g.	PROPN
hassl-848	918	17	(	(	PUNCT
hassl-848	918	18	2016	2016	NUM
hassl-848	918	19	)	)	PUNCT
hassl-848	918	20	.	.	PUNCT
hassl-848	919	1	the	the	DET
hassl-848	919	2	audit	audit	NOUN
hassl-848	919	3	committee	committee	NOUN
hassl-848	919	4	characteristics	characteristic	NOUN
hassl-848	919	5	and	and	CCONJ
hassl-848	919	6	firm	firm	ADJ
hassl-848	919	7	performance	performance	NOUN
hassl-848	919	8	:	:	PUNCT
hassl-848	919	9	evidence	evidence	NOUN
hassl-848	919	10	from	from	ADP
hassl-848	919	11	the	the	DET
hassl-848	919	12	uk	uk	PROPN
hassl-848	919	13	.	.	PROPN
hassl-848	919	14	dissertation	dissertation	NOUN
hassl-848	919	15	master	master	NOUN
hassl-848	919	16	in	in	ADP
hassl-848	919	17	finance	finance	NOUN
hassl-848	919	18	.	.	PUNCT
hassl-848	920	1	views	view	NOUN
hassl-848	920	2	and	and	CCONJ
hassl-848	920	3	opinions	opinion	NOUN
hassl-848	920	4	expressed	express	VERB
hassl-848	920	5	in	in	ADP
hassl-848	920	6	this	this	DET
hassl-848	920	7	article	article	NOUN
hassl-848	920	8	are	be	AUX
hassl-848	920	9	the	the	DET
hassl-848	920	10	views	view	NOUN
hassl-848	920	11	and	and	CCONJ
hassl-848	920	12	opinions	opinion	NOUN
hassl-848	920	13	of	of	ADP
hassl-848	920	14	the	the	DET
hassl-848	920	15	author(s	author(s	NOUN
hassl-848	920	16	)	)	PUNCT
hassl-848	920	17	,	,	PUNCT
hassl-848	920	18	humanities	humanity	NOUN
hassl-848	920	19	and	and	CCONJ
hassl-848	920	20	social	social	ADJ
hassl-848	920	21	sciences	science	NOUN
hassl-848	920	22	letters	letter	NOUN
hassl-848	920	23	shall	shall	AUX
hassl-848	920	24	not	not	PART
hassl-848	920	25	be	be	AUX
hassl-848	920	26	responsible	responsible	ADJ
hassl-848	920	27	or	or	CCONJ
hassl-848	920	28	answerable	answerable	ADJ
hassl-848	920	29	for	for	ADP
hassl-848	920	30	any	any	DET
hassl-848	920	31	loss	loss	NOUN
hassl-848	920	32	,	,	PUNCT
hassl-848	920	33	damage	damage	NOUN
hassl-848	920	34	or	or	CCONJ
hassl-848	920	35	liability	liability	NOUN
hassl-848	920	36	etc	etc	X
hassl-848	920	37	.	.	X
hassl-848	921	1	caused	cause	VERB
hassl-848	921	2	in	in	ADP
hassl-848	921	3	relation	relation	NOUN
hassl-848	921	4	to	to	PART
hassl-848	921	5	/	/	PUNCT
hassl-848	921	6	arising	arise	VERB
hassl-848	921	7	out	out	ADP
hassl-848	921	8	of	of	ADP
hassl-848	921	9	the	the	DET
hassl-848	921	10	use	use	NOUN
hassl-848	921	11	of	of	ADP
hassl-848	921	12	the	the	DET
hassl-848	921	13	content	content	NOUN
hassl-848	921	14	.	.	PUNCT