id	sid	tid	token	lemma	pos
ijtc-714	1	1	the	the	DET
ijtc-714	1	2	illomata	illomata	PROPN
ijtc-714	1	3	international	international	PROPN
ijtc-714	1	4	journal	journal	PROPN
ijtc-714	1	5	of	of	ADP
ijtc-714	1	6	management	management	NOUN
ijtc-714	1	7	ilomata	ilomata	PROPN
ijtc-714	1	8	international	international	ADJ
ijtc-714	1	9	journal	journal	NOUN
ijtc-714	1	10	of	of	ADP
ijtc-714	1	11	tax	tax	PROPN
ijtc-714	1	12	&	&	CCONJ
ijtc-714	1	13	accounting	account	VERB
ijtc-714	1	14	p	p	PROPN
ijtc-714	1	15	-	-	PUNCT
ijtc-714	1	16	issn	issn	NOUN
ijtc-714	1	17	:	:	PUNCT
ijtc-714	1	18	2714	2714	NUM
ijtc-714	1	19	-	-	SYM
ijtc-714	1	20	9838	9838	NUM
ijtc-714	1	21	;	;	PUNCT
ijtc-714	1	22	e	e	X
ijtc-714	1	23	-	-	PUNCT
ijtc-714	1	24	issn	issn	NOUN
ijtc-714	1	25	:	:	PUNCT
ijtc-714	1	26	2714	2714	NUM
ijtc-714	1	27	-	-	SYM
ijtc-714	1	28	9846	9846	NUM
ijtc-714	1	29	volume	volume	NOUN
ijtc-714	1	30	4	4	NUM
ijtc-714	1	31	,	,	PUNCT
ijtc-714	1	32	issue	issue	NOUN
ijtc-714	1	33	2	2	NUM
ijtc-714	1	34	april	april	PROPN
ijtc-714	1	35	2023	2023	NUM
ijtc-714	1	36	page	page	NOUN
ijtc-714	2	1	no	no	NOUN
ijtc-714	2	2	.	.	NOUN
ijtc-714	3	1	283	283	NUM
ijtc-714	3	2	-	-	SYM
ijtc-714	3	3	295	295	NUM
ijtc-714	3	4	283	283	NUM
ijtc-714	3	5	|	|	ADV
ijtc-714	3	6	ilomata	ilomata	NOUN
ijtc-714	3	7	international	international	ADJ
ijtc-714	3	8	journal	journal	NOUN
ijtc-714	3	9	of	of	ADP
ijtc-714	3	10	tax	tax	PROPN
ijtc-714	3	11	&	&	CCONJ
ijtc-714	3	12	accounting	account	VERB
ijtc-714	3	13	https://www.ilomata.org/index.php/ijtc	https://www.ilomata.org/index.php/ijtc	ADJ
ijtc-714	3	14	effect	effect	NOUN
ijtc-714	3	15	of	of	ADP
ijtc-714	3	16	investment	investment	NOUN
ijtc-714	3	17	,	,	PUNCT
ijtc-714	3	18	free	free	ADJ
ijtc-714	3	19	cash	cash	NOUN
ijtc-714	3	20	flow	flow	NOUN
ijtc-714	3	21	,	,	PUNCT
ijtc-714	3	22	earnings	earning	NOUN
ijtc-714	3	23	management	management	NOUN
ijtc-714	3	24	,	,	PUNCT
ijtc-714	3	25	interest	interest	NOUN
ijtc-714	3	26	coverage	coverage	NOUN
ijtc-714	3	27	ratio	ratio	NOUN
ijtc-714	3	28	,	,	PUNCT
ijtc-714	3	29	liquidity	liquidity	NOUN
ijtc-714	3	30	,	,	PUNCT
ijtc-714	3	31	and	and	CCONJ
ijtc-714	3	32	leverage	leverage	NOUN
ijtc-714	3	33	on	on	ADP
ijtc-714	3	34	financial	financial	ADJ
ijtc-714	3	35	distress	distress	NOUN
ijtc-714	3	36	eddy	eddy	PROPN
ijtc-714	3	37	suranta1	suranta1	PROPN
ijtc-714	3	38	,	,	PUNCT
ijtc-714	3	39	muhammad	muhammad	PROPN
ijtc-714	3	40	alif	alif	PROPN
ijtc-714	3	41	bimo	bimo	PROPN
ijtc-714	3	42	satrio2	satrio2	PROPN
ijtc-714	3	43	,	,	PUNCT
ijtc-714	3	44	pratana	pratana	VERB
ijtc-714	3	45	puspa	puspa	ADJ
ijtc-714	3	46	midiastuty3	midiastuty3	NOUN
ijtc-714	4	1	123bengkulu	123bengkulu	PROPN
ijtc-714	4	2	university	university	NOUN
ijtc-714	4	3	,	,	PUNCT
ijtc-714	4	4	indonesia	indonesia	PROPN
ijtc-714	4	5	correspondent	correspondent	NOUN
ijtc-714	4	6	:	:	PUNCT
ijtc-714	4	7	eddy.suranta@unib.ac.id1	eddy.suranta@unib.ac.id1	ADV
ijtc-714	4	8	received	receive	VERB
ijtc-714	4	9	:	:	PUNCT
ijtc-714	4	10	january	january	PROPN
ijtc-714	4	11	25	25	NUM
ijtc-714	4	12	,	,	PUNCT
ijtc-714	4	13	2023	2023	NUM
ijtc-714	4	14	accepted	accept	VERB
ijtc-714	4	15	:	:	PUNCT
ijtc-714	4	16	april	april	PROPN
ijtc-714	4	17	13	13	NUM
ijtc-714	4	18	,	,	PUNCT
ijtc-714	4	19	2023	2023	NUM
ijtc-714	4	20	published	publish	VERB
ijtc-714	4	21	:	:	PUNCT
ijtc-714	4	22	april	april	PROPN
ijtc-714	4	23	30	30	NUM
ijtc-714	4	24	,	,	PUNCT
ijtc-714	4	25	2023	2023	NUM
ijtc-714	4	26	citation	citation	NOUN
ijtc-714	4	27	:	:	PUNCT
ijtc-714	4	28	suranta	suranta	NOUN
ijtc-714	4	29	,	,	PUNCT
ijtc-714	4	30	e.	e.	PROPN
ijtc-714	4	31	,	,	PUNCT
ijtc-714	4	32	satrio	satrio	PROPN
ijtc-714	4	33	,	,	PUNCT
ijtc-714	4	34	m.	m.	PROPN
ijtc-714	4	35	a.	a.	PROPN
ijtc-714	4	36	b.	b.	PROPN
ijtc-714	4	37	,	,	PUNCT
ijtc-714	4	38	&	&	CCONJ
ijtc-714	4	39	midiastuty	midiastuty	PROPN
ijtc-714	4	40	,	,	PUNCT
ijtc-714	4	41	p.	p.	PROPN
ijtc-714	4	42	p.	p.	PROPN
ijtc-714	4	43	,	,	PUNCT
ijtc-714	4	44	(	(	PUNCT
ijtc-714	4	45	2023	2023	NUM
ijtc-714	4	46	)	)	PUNCT
ijtc-714	4	47	.	.	PUNCT
ijtc-714	5	1	effect	effect	NOUN
ijtc-714	5	2	of	of	ADP
ijtc-714	5	3	investment	investment	NOUN
ijtc-714	5	4	,	,	PUNCT
ijtc-714	5	5	free	free	ADJ
ijtc-714	5	6	cash	cash	NOUN
ijtc-714	5	7	flow	flow	NOUN
ijtc-714	5	8	,	,	PUNCT
ijtc-714	5	9	earnings	earning	NOUN
ijtc-714	5	10	management	management	NOUN
ijtc-714	5	11	,	,	PUNCT
ijtc-714	5	12	interest	interest	NOUN
ijtc-714	5	13	coverage	coverage	NOUN
ijtc-714	5	14	ratio	ratio	NOUN
ijtc-714	5	15	,	,	PUNCT
ijtc-714	5	16	liquidity	liquidity	NOUN
ijtc-714	5	17	,	,	PUNCT
ijtc-714	5	18	and	and	CCONJ
ijtc-714	5	19	leverage	leverage	NOUN
ijtc-714	5	20	on	on	ADP
ijtc-714	5	21	financial	financial	ADJ
ijtc-714	5	22	distress	distress	NOUN
ijtc-714	5	23	.	.	PUNCT
ijtc-714	6	1	ilomata	ilomata	PROPN
ijtc-714	6	2	international	international	ADJ
ijtc-714	6	3	journal	journal	NOUN
ijtc-714	6	4	of	of	ADP
ijtc-714	6	5	tax	tax	NOUN
ijtc-714	6	6	and	and	CCONJ
ijtc-714	6	7	accounting	accounting	NOUN
ijtc-714	6	8	,	,	PUNCT
ijtc-714	6	9	4(2),283	4(2),283	NUM
ijtc-714	6	10	-	-	SYM
ijtc-714	6	11	295	295	NUM
ijtc-714	6	12	.	.	PUNCT
ijtc-714	7	1	https://doi.org/10.52728/ijtc.v4i2.714	https://doi.org/10.52728/ijtc.v4i2.714	NOUN
ijtc-714	7	2	abstract	abstract	ADJ
ijtc-714	7	3	:	:	PUNCT
ijtc-714	7	4	the	the	DET
ijtc-714	7	5	purpose	purpose	NOUN
ijtc-714	7	6	of	of	ADP
ijtc-714	7	7	this	this	DET
ijtc-714	7	8	examination	examination	NOUN
ijtc-714	7	9	is	be	AUX
ijtc-714	7	10	to	to	PART
ijtc-714	7	11	empirically	empirically	ADV
ijtc-714	7	12	evidence	evidence	VERB
ijtc-714	7	13	the	the	DET
ijtc-714	7	14	impact	impact	NOUN
ijtc-714	7	15	of	of	ADP
ijtc-714	7	16	investments	investment	NOUN
ijtc-714	7	17	,	,	PUNCT
ijtc-714	7	18	free	free	ADJ
ijtc-714	7	19	cash	cash	NOUN
ijtc-714	7	20	flow	flow	NOUN
ijtc-714	7	21	,	,	PUNCT
ijtc-714	7	22	earnings	earning	NOUN
ijtc-714	7	23	management	management	NOUN
ijtc-714	7	24	,	,	PUNCT
ijtc-714	7	25	interest	interest	NOUN
ijtc-714	7	26	coverage	coverage	NOUN
ijtc-714	7	27	,	,	PUNCT
ijtc-714	7	28	liquidity	liquidity	NOUN
ijtc-714	7	29	,	,	PUNCT
ijtc-714	7	30	and	and	CCONJ
ijtc-714	7	31	leverage	leverage	NOUN
ijtc-714	7	32	on	on	ADP
ijtc-714	7	33	financial	financial	ADJ
ijtc-714	7	34	distress	distress	NOUN
ijtc-714	7	35	.	.	PUNCT
ijtc-714	8	1	the	the	DET
ijtc-714	8	2	dependent	dependent	ADJ
ijtc-714	8	3	variable	variable	NOUN
ijtc-714	8	4	is	be	AUX
ijtc-714	8	5	financial	financial	ADJ
ijtc-714	8	6	distress	distress	NOUN
ijtc-714	8	7	.	.	PUNCT
ijtc-714	9	1	independent	independent	ADJ
ijtc-714	9	2	variables	variable	NOUN
ijtc-714	9	3	are	be	AUX
ijtc-714	9	4	investments	investment	NOUN
ijtc-714	9	5	,	,	PUNCT
ijtc-714	9	6	free	free	ADJ
ijtc-714	9	7	cash	cash	NOUN
ijtc-714	9	8	flow	flow	NOUN
ijtc-714	9	9	,	,	PUNCT
ijtc-714	9	10	earnings	earning	NOUN
ijtc-714	9	11	management	management	NOUN
ijtc-714	9	12	,	,	PUNCT
ijtc-714	9	13	interest	interest	NOUN
ijtc-714	9	14	coverage	coverage	NOUN
ijtc-714	9	15	,	,	PUNCT
ijtc-714	9	16	leverage	leverage	NOUN
ijtc-714	9	17	,	,	PUNCT
ijtc-714	9	18	and	and	CCONJ
ijtc-714	9	19	liquidity	liquidity	NOUN
ijtc-714	9	20	.	.	PUNCT
ijtc-714	10	1	i	i	PRON
ijtc-714	10	2	tested	test	VERB
ijtc-714	10	3	this	this	DET
ijtc-714	10	4	examination	examination	NOUN
ijtc-714	10	5	using	use	VERB
ijtc-714	10	6	logistic	logistic	ADJ
ijtc-714	10	7	regression	regression	NOUN
ijtc-714	10	8	.	.	PUNCT
ijtc-714	11	1	the	the	DET
ijtc-714	11	2	sample	sample	NOUN
ijtc-714	11	3	used	use	VERB
ijtc-714	11	4	in	in	ADP
ijtc-714	11	5	this	this	DET
ijtc-714	11	6	research	research	NOUN
ijtc-714	11	7	was	be	AUX
ijtc-714	11	8	manufacturing	manufacture	VERB
ijtc-714	11	9	companies	company	NOUN
ijtc-714	11	10	listed	list	VERB
ijtc-714	11	11	on	on	ADP
ijtc-714	11	12	the	the	DET
ijtc-714	11	13	indonesian	indonesian	ADJ
ijtc-714	11	14	stock	stock	PROPN
ijtc-714	11	15	exchange	exchange	NOUN
ijtc-714	11	16	from	from	ADP
ijtc-714	11	17	2016	2016	NUM
ijtc-714	11	18	to	to	ADP
ijtc-714	11	19	2020	2020	NUM
ijtc-714	11	20	.	.	PUNCT
ijtc-714	12	1	samples	sample	NOUN
ijtc-714	12	2	for	for	ADP
ijtc-714	12	3	this	this	DET
ijtc-714	12	4	research	research	NOUN
ijtc-714	12	5	were	be	AUX
ijtc-714	12	6	selected	select	VERB
ijtc-714	12	7	using	use	VERB
ijtc-714	12	8	purposive	purposive	NOUN
ijtc-714	12	9	sampling	sampling	NOUN
ijtc-714	12	10	with	with	ADP
ijtc-714	12	11	a	a	DET
ijtc-714	12	12	total	total	NOUN
ijtc-714	12	13	of	of	ADP
ijtc-714	12	14	392	392	NUM
ijtc-714	12	15	observations	observation	NOUN
ijtc-714	12	16	.	.	PUNCT
ijtc-714	13	1	the	the	DET
ijtc-714	13	2	results	result	NOUN
ijtc-714	13	3	of	of	ADP
ijtc-714	13	4	this	this	DET
ijtc-714	13	5	research	research	NOUN
ijtc-714	13	6	show	show	NOUN
ijtc-714	13	7	that	that	SCONJ
ijtc-714	13	8	free	free	ADJ
ijtc-714	13	9	cash	cash	NOUN
ijtc-714	13	10	flow	flow	NOUN
ijtc-714	13	11	,	,	PUNCT
ijtc-714	13	12	interest	interest	NOUN
ijtc-714	13	13	coverage	coverage	NOUN
ijtc-714	13	14	,	,	PUNCT
ijtc-714	13	15	and	and	CCONJ
ijtc-714	13	16	liquidity	liquidity	NOUN
ijtc-714	13	17	have	have	VERB
ijtc-714	13	18	a	a	DET
ijtc-714	13	19	significant	significant	ADJ
ijtc-714	13	20	influence	influence	NOUN
ijtc-714	13	21	on	on	ADP
ijtc-714	13	22	financial	financial	ADJ
ijtc-714	13	23	distress	distress	NOUN
ijtc-714	13	24	.	.	PUNCT
ijtc-714	14	1	investments	investment	NOUN
ijtc-714	14	2	,	,	PUNCT
ijtc-714	14	3	earnings	earning	NOUN
ijtc-714	14	4	management	management	NOUN
ijtc-714	14	5	,	,	PUNCT
ijtc-714	14	6	and	and	CCONJ
ijtc-714	14	7	leverage	leverage	NOUN
ijtc-714	14	8	have	have	VERB
ijtc-714	14	9	no	no	DET
ijtc-714	14	10	significant	significant	ADJ
ijtc-714	14	11	effect	effect	NOUN
ijtc-714	14	12	on	on	ADP
ijtc-714	14	13	financial	financial	ADJ
ijtc-714	14	14	distress	distress	NOUN
ijtc-714	14	15	.	.	PUNCT
ijtc-714	15	1	the	the	DET
ijtc-714	15	2	implication	implication	NOUN
ijtc-714	15	3	of	of	ADP
ijtc-714	15	4	this	this	DET
ijtc-714	15	5	study	study	NOUN
ijtc-714	15	6	is	be	AUX
ijtc-714	15	7	to	to	PART
ijtc-714	15	8	confirm	confirm	VERB
ijtc-714	15	9	the	the	DET
ijtc-714	15	10	signaling	signal	VERB
ijtc-714	15	11	theory	theory	NOUN
ijtc-714	15	12	and	and	CCONJ
ijtc-714	15	13	the	the	DET
ijtc-714	15	14	agency	agency	NOUN
ijtc-714	15	15	theory	theory	NOUN
ijtc-714	15	16	.	.	PUNCT
ijtc-714	16	1	a	a	DET
ijtc-714	16	2	limitation	limitation	NOUN
ijtc-714	16	3	of	of	ADP
ijtc-714	16	4	this	this	DET
ijtc-714	16	5	research	research	NOUN
ijtc-714	16	6	is	be	AUX
ijtc-714	16	7	that	that	SCONJ
ijtc-714	16	8	there	there	PRON
ijtc-714	16	9	are	be	VERB
ijtc-714	16	10	still	still	ADV
ijtc-714	16	11	type	type	NOUN
ijtc-714	16	12	i	i	PRON
ijtc-714	16	13	and	and	CCONJ
ijtc-714	16	14	type	type	NOUN
ijtc-714	16	15	ii	ii	PROPN
ijtc-714	16	16	errors	error	NOUN
ijtc-714	16	17	in	in	ADP
ijtc-714	16	18	classifying	classify	VERB
ijtc-714	16	19	companies	company	NOUN
ijtc-714	16	20	in	in	ADP
ijtc-714	16	21	financial	financial	ADJ
ijtc-714	16	22	distress	distress	NOUN
ijtc-714	16	23	and	and	CCONJ
ijtc-714	16	24	those	those	PRON
ijtc-714	16	25	in	in	ADP
ijtc-714	16	26	nonfinancial	nonfinancial	ADJ
ijtc-714	16	27	distress	distress	NOUN
ijtc-714	16	28	.	.	PUNCT
ijtc-714	17	1	keywords	keyword	NOUN
ijtc-714	17	2	:	:	PUNCT
ijtc-714	17	3	financial	financial	ADJ
ijtc-714	17	4	distress	distress	NOUN
ijtc-714	17	5	,	,	PUNCT
ijtc-714	17	6	investment	investment	NOUN
ijtc-714	17	7	,	,	PUNCT
ijtc-714	17	8	free	free	ADJ
ijtc-714	17	9	cash	cash	NOUN
ijtc-714	17	10	flow	flow	NOUN
ijtc-714	17	11	,	,	PUNCT
ijtc-714	17	12	earnings	earning	NOUN
ijtc-714	17	13	management	management	NOUN
ijtc-714	17	14	,	,	PUNCT
ijtc-714	17	15	interest	interest	NOUN
ijtc-714	17	16	coverage	coverage	NOUN
ijtc-714	17	17	,	,	PUNCT
ijtc-714	17	18	liquidity	liquidity	NOUN
ijtc-714	17	19	,	,	PUNCT
ijtc-714	17	20	leverage	leverage	NOUN
ijtc-714	17	21	this	this	PRON
ijtc-714	17	22	is	be	AUX
ijtc-714	17	23	an	an	DET
ijtc-714	17	24	open	open	ADJ
ijtc-714	17	25	access	access	NOUN
ijtc-714	17	26	article	article	NOUN
ijtc-714	17	27	under	under	ADP
ijtc-714	17	28	the	the	DET
ijtc-714	17	29	cc	cc	NOUN
ijtc-714	17	30	-	-	PUNCT
ijtc-714	17	31	by	by	ADP
ijtc-714	17	32	4.0	4.0	NUM
ijtc-714	17	33	license	license	NOUN
ijtc-714	17	34	.	.	PUNCT
ijtc-714	18	1	introduction	introduction	NOUN
ijtc-714	18	2	a	a	DET
ijtc-714	18	3	firm	firm	NOUN
ijtc-714	18	4	can	can	AUX
ijtc-714	18	5	be	be	AUX
ijtc-714	18	6	in	in	ADP
ijtc-714	18	7	financial	financial	ADJ
ijtc-714	18	8	distress	distress	NOUN
ijtc-714	18	9	when	when	SCONJ
ijtc-714	18	10	it	it	PRON
ijtc-714	18	11	is	be	AUX
ijtc-714	18	12	having	have	VERB
ijtc-714	18	13	financial	financial	ADJ
ijtc-714	18	14	difficulties	difficulty	NOUN
ijtc-714	18	15	.	.	PUNCT
ijtc-714	19	1	there	there	PRON
ijtc-714	19	2	are	be	VERB
ijtc-714	19	3	numerous	numerous	ADJ
ijtc-714	19	4	circumstances	circumstance	NOUN
ijtc-714	19	5	in	in	ADP
ijtc-714	19	6	which	which	PRON
ijtc-714	19	7	the	the	DET
ijtc-714	19	8	business	business	NOUN
ijtc-714	19	9	could	could	AUX
ijtc-714	19	10	be	be	AUX
ijtc-714	19	11	in	in	ADP
ijtc-714	19	12	financial	financial	ADJ
ijtc-714	19	13	distress	distress	NOUN
ijtc-714	19	14	.	.	PUNCT
ijtc-714	20	1	financial	financial	ADJ
ijtc-714	20	2	distress	distress	NOUN
ijtc-714	20	3	,	,	PUNCT
ijtc-714	20	4	according	accord	VERB
ijtc-714	20	5	to	to	ADP
ijtc-714	20	6	(	(	PUNCT
ijtc-714	20	7	ghazali	ghazali	PROPN
ijtc-714	20	8	et	et	PROPN
ijtc-714	20	9	al	al	PROPN
ijtc-714	20	10	.	.	PROPN
ijtc-714	20	11	,	,	PUNCT
ijtc-714	20	12	2015	2015	NUM
ijtc-714	20	13	)	)	PUNCT
ijtc-714	20	14	,	,	PUNCT
ijtc-714	20	15	occurs	occur	VERB
ijtc-714	20	16	when	when	SCONJ
ijtc-714	20	17	an	an	DET
ijtc-714	20	18	agreement	agreement	NOUN
ijtc-714	20	19	or	or	CCONJ
ijtc-714	20	20	contract	contract	NOUN
ijtc-714	20	21	between	between	ADP
ijtc-714	20	22	a	a	DET
ijtc-714	20	23	business	business	NOUN
ijtc-714	20	24	and	and	CCONJ
ijtc-714	20	25	a	a	DET
ijtc-714	20	26	creditor	creditor	NOUN
ijtc-714	20	27	does	do	AUX
ijtc-714	20	28	not	not	PART
ijtc-714	20	29	go	go	VERB
ijtc-714	20	30	as	as	ADV
ijtc-714	20	31	planned	plan	VERB
ijtc-714	20	32	or	or	CCONJ
ijtc-714	20	33	is	be	AUX
ijtc-714	20	34	in	in	ADP
ijtc-714	20	35	a	a	DET
ijtc-714	20	36	challenging	challenging	ADJ
ijtc-714	20	37	state	state	NOUN
ijtc-714	20	38	.	.	PUNCT
ijtc-714	21	1	a	a	DET
ijtc-714	21	2	situation	situation	NOUN
ijtc-714	21	3	where	where	SCONJ
ijtc-714	21	4	a	a	DET
ijtc-714	21	5	business	business	NOUN
ijtc-714	21	6	is	be	AUX
ijtc-714	21	7	unable	unable	ADJ
ijtc-714	21	8	to	to	PART
ijtc-714	21	9	pay	pay	VERB
ijtc-714	21	10	off	off	ADP
ijtc-714	21	11	its	its	PRON
ijtc-714	21	12	short	short	ADJ
ijtc-714	21	13	-	-	PUNCT
ijtc-714	21	14	term	term	NOUN
ijtc-714	21	15	debt	debt	NOUN
ijtc-714	21	16	with	with	ADP
ijtc-714	21	17	the	the	DET
ijtc-714	21	18	money	money	NOUN
ijtc-714	21	19	it	it	PRON
ijtc-714	21	20	makes	make	VERB
ijtc-714	21	21	.	.	PUNCT
ijtc-714	22	1	according	accord	VERB
ijtc-714	22	2	to	to	ADP
ijtc-714	22	3	(	(	PUNCT
ijtc-714	22	4	piatt	piatt	PROPN
ijtc-714	22	5	&	&	CCONJ
ijtc-714	22	6	piatt	piatt	PROPN
ijtc-714	22	7	,	,	PUNCT
ijtc-714	22	8	2002	2002	NUM
ijtc-714	22	9	)	)	PUNCT
ijtc-714	22	10	,	,	PUNCT
ijtc-714	22	11	financial	financial	ADJ
ijtc-714	22	12	distress	distress	NOUN
ijtc-714	22	13	is	be	AUX
ijtc-714	22	14	a	a	DET
ijtc-714	22	15	period	period	NOUN
ijtc-714	22	16	of	of	ADP
ijtc-714	22	17	poor	poor	ADJ
ijtc-714	22	18	financial	financial	ADJ
ijtc-714	22	19	condition	condition	NOUN
ijtc-714	22	20	before	before	SCONJ
ijtc-714	22	21	a	a	DET
ijtc-714	22	22	company	company	NOUN
ijtc-714	22	23	enters	enter	VERB
ijtc-714	22	24	bankruptcy	bankruptcy	NOUN
ijtc-714	22	25	or	or	CCONJ
ijtc-714	22	26	liquidation	liquidation	NOUN
ijtc-714	22	27	.	.	PUNCT
ijtc-714	23	1	finally	finally	ADV
ijtc-714	23	2	,	,	PUNCT
ijtc-714	23	3	as	as	SCONJ
ijtc-714	23	4	described	describe	VERB
ijtc-714	23	5	by	by	ADP
ijtc-714	23	6	(	(	PUNCT
ijtc-714	23	7	almilia	almilia	PROPN
ijtc-714	23	8	&	&	CCONJ
ijtc-714	23	9	kristijadi	kristijadi	PROPN
ijtc-714	23	10	,	,	PUNCT
ijtc-714	23	11	2003	2003	NUM
ijtc-714	23	12	;	;	PUNCT
ijtc-714	23	13	hofer	hofer	PROPN
ijtc-714	23	14	,	,	PUNCT
ijtc-714	23	15	1980	1980	NUM
ijtc-714	23	16	;	;	PUNCT
ijtc-714	23	17	whitaker	whitaker	NOUN
ijtc-714	23	18	,	,	PUNCT
ijtc-714	23	19	1999	1999	NUM
ijtc-714	23	20	)	)	PUNCT
ijtc-714	23	21	,	,	PUNCT
ijtc-714	23	22	financial	financial	ADJ
ijtc-714	23	23	distress	distress	NOUN
ijtc-714	23	24	refers	refer	VERB
ijtc-714	23	25	to	to	ADP
ijtc-714	23	26	a	a	DET
ijtc-714	23	27	situation	situation	NOUN
ijtc-714	23	28	in	in	ADP
ijtc-714	23	29	which	which	PRON
ijtc-714	23	30	a	a	DET
ijtc-714	23	31	firm	firm	NOUN
ijtc-714	23	32	has	have	VERB
ijtc-714	23	33	negative	negative	ADJ
ijtc-714	23	34	net	net	ADJ
ijtc-714	23	35	income	income	NOUN
ijtc-714	23	36	.	.	PUNCT
ijtc-714	24	1	financial	financial	ADJ
ijtc-714	24	2	difficulties	difficulty	NOUN
ijtc-714	24	3	result	result	VERB
ijtc-714	24	4	from	from	ADP
ijtc-714	24	5	a	a	DET
ijtc-714	24	6	series	series	NOUN
ijtc-714	24	7	of	of	ADP
ijtc-714	24	8	poor	poor	ADJ
ijtc-714	24	9	choices	choice	NOUN
ijtc-714	24	10	and	and	CCONJ
ijtc-714	24	11	connected	connected	ADJ
ijtc-714	24	12	flaws	flaw	NOUN
ijtc-714	24	13	that	that	PRON
ijtc-714	24	14	can	can	AUX
ijtc-714	24	15	affect	affect	VERB
ijtc-714	24	16	management	management	NOUN
ijtc-714	24	17	directly	directly	ADV
ijtc-714	24	18	or	or	CCONJ
ijtc-714	24	19	indirectly	indirectly	ADV
ijtc-714	24	20	,	,	PUNCT
ijtc-714	24	21	as	as	ADV
ijtc-714	24	22	well	well	ADV
ijtc-714	24	23	as	as	ADP
ijtc-714	24	24	from	from	ADP
ijtc-714	24	25	a	a	DET
ijtc-714	24	26	lack	lack	NOUN
ijtc-714	24	27	of	of	ADP
ijtc-714	24	28	efforts	effort	NOUN
ijtc-714	24	29	to	to	PART
ijtc-714	24	30	monitor	monitor	VERB
ijtc-714	24	31	the	the	DET
ijtc-714	24	32	company	company	NOUN
ijtc-714	24	33	's	's	PART
ijtc-714	24	34	financial	financial	ADJ
ijtc-714	24	35	situation	situation	NOUN
ijtc-714	24	36	so	so	SCONJ
ijtc-714	24	37	that	that	SCONJ
ijtc-714	24	38	its	its	PRON
ijtc-714	24	39	use	use	NOUN
ijtc-714	24	40	is	be	AUX
ijtc-714	24	41	not	not	PART
ijtc-714	24	42	as	as	SCONJ
ijtc-714	24	43	required	require	VERB
ijtc-714	24	44	.	.	PUNCT
ijtc-714	25	1	as	as	ADP
ijtc-714	25	2	such	such	ADJ
ijtc-714	25	3	,	,	PUNCT
ijtc-714	25	4	many	many	ADJ
ijtc-714	25	5	researchers	researcher	NOUN
ijtc-714	25	6	have	have	AUX
ijtc-714	25	7	created	create	VERB
ijtc-714	25	8	alternate	alternate	ADJ
ijtc-714	25	9	https://www.ilomata.org/index.php/ijtc	https://www.ilomata.org/index.php/ijtc	PROPN
ijtc-714	25	10	mailto:eddy.suranta@unib.ac.id	mailto:eddy.suranta@unib.ac.id	PROPN
ijtc-714	25	11	https://doi.org/10.52728/ijtc.v4i2.714	https://doi.org/10.52728/ijtc.v4i2.714	NOUN
ijtc-714	25	12	effect	effect	NOUN
ijtc-714	25	13	of	of	ADP
ijtc-714	25	14	investment	investment	NOUN
ijtc-714	25	15	,	,	PUNCT
ijtc-714	25	16	free	free	ADJ
ijtc-714	25	17	cash	cash	NOUN
ijtc-714	25	18	flow	flow	NOUN
ijtc-714	25	19	,	,	PUNCT
ijtc-714	25	20	earnings	earning	NOUN
ijtc-714	25	21	management	management	NOUN
ijtc-714	25	22	,	,	PUNCT
ijtc-714	25	23	interest	interest	NOUN
ijtc-714	25	24	coverage	coverage	NOUN
ijtc-714	25	25	ratio	ratio	NOUN
ijtc-714	25	26	,	,	PUNCT
ijtc-714	25	27	liquidity	liquidity	NOUN
ijtc-714	25	28	,	,	PUNCT
ijtc-714	25	29	and	and	CCONJ
ijtc-714	25	30	leverage	leverage	NOUN
ijtc-714	25	31	on	on	ADP
ijtc-714	25	32	financial	financial	ADJ
ijtc-714	25	33	distress	distress	NOUN
ijtc-714	25	34	suranta	suranta	NOUN
ijtc-714	25	35	,	,	PUNCT
ijtc-714	25	36	satrio	satrio	PROPN
ijtc-714	25	37	,	,	PUNCT
ijtc-714	25	38	and	and	CCONJ
ijtc-714	25	39	midiastuty	midiastuty	PROPN
ijtc-714	25	40	284	284	NUM
ijtc-714	25	41	|	|	ADV
ijtc-714	25	42	ilomata	ilomata	PROPN
ijtc-714	25	43	international	international	ADJ
ijtc-714	25	44	journal	journal	NOUN
ijtc-714	25	45	of	of	ADP
ijtc-714	25	46	tax	tax	PROPN
ijtc-714	25	47	&	&	CCONJ
ijtc-714	25	48	accounting	account	VERB
ijtc-714	25	49	https://www.ilomata.org/index.php/ijtc	https://www.ilomata.org/index.php/ijtc	PROPN
ijtc-714	25	50	models	model	NOUN
ijtc-714	25	51	of	of	ADP
ijtc-714	25	52	financial	financial	ADJ
ijtc-714	25	53	distress	distress	NOUN
ijtc-714	25	54	.	.	PUNCT
ijtc-714	26	1	z	z	NOUN
ijtc-714	26	2	-	-	PUNCT
ijtc-714	26	3	scores	score	NOUN
ijtc-714	26	4	,	,	PUNCT
ijtc-714	26	5	zetas	zeta	NOUN
ijtc-714	26	6	,	,	PUNCT
ijtc-714	26	7	o	o	NOUN
ijtc-714	26	8	-	-	NOUN
ijtc-714	26	9	scores	score	NOUN
ijtc-714	26	10	,	,	PUNCT
ijtc-714	26	11	zmijewski	zmijewski	PROPN
ijtc-714	26	12	,	,	PUNCT
ijtc-714	26	13	and	and	CCONJ
ijtc-714	26	14	camel	camel	NOUN
ijtc-714	26	15	ratios	ratio	NOUN
ijtc-714	26	16	are	be	AUX
ijtc-714	26	17	just	just	ADV
ijtc-714	26	18	a	a	DET
ijtc-714	26	19	few	few	ADJ
ijtc-714	26	20	of	of	ADP
ijtc-714	26	21	the	the	DET
ijtc-714	26	22	models	model	NOUN
ijtc-714	26	23	that	that	PRON
ijtc-714	26	24	can	can	AUX
ijtc-714	26	25	be	be	AUX
ijtc-714	26	26	used	use	VERB
ijtc-714	26	27	to	to	PART
ijtc-714	26	28	determine	determine	VERB
ijtc-714	26	29	financial	financial	ADJ
ijtc-714	26	30	distress	distress	NOUN
ijtc-714	26	31	.	.	PUNCT
ijtc-714	27	1	according	accord	VERB
ijtc-714	27	2	to	to	ADP
ijtc-714	27	3	(	(	PUNCT
ijtc-714	27	4	gamayuni	gamayuni	PROPN
ijtc-714	27	5	,	,	PUNCT
ijtc-714	27	6	2011	2011	NUM
ijtc-714	27	7	)	)	PUNCT
ijtc-714	27	8	,	,	PUNCT
ijtc-714	27	9	the	the	DET
ijtc-714	27	10	z	z	NOUN
ijtc-714	27	11	-	-	PUNCT
ijtc-714	27	12	score	score	NOUN
ijtc-714	27	13	is	be	AUX
ijtc-714	27	14	the	the	DET
ijtc-714	27	15	greatest	great	ADJ
ijtc-714	27	16	indicator	indicator	NOUN
ijtc-714	27	17	of	of	ADP
ijtc-714	27	18	bankruptcy	bankruptcy	NOUN
ijtc-714	27	19	,	,	PUNCT
ijtc-714	27	20	particularly	particularly	ADV
ijtc-714	27	21	for	for	ADP
ijtc-714	27	22	businesses	business	NOUN
ijtc-714	27	23	engaged	engage	VERB
ijtc-714	27	24	in	in	ADP
ijtc-714	27	25	manufacturing	manufacturing	NOUN
ijtc-714	27	26	.	.	PUNCT
ijtc-714	28	1	because	because	SCONJ
ijtc-714	28	2	it	it	PRON
ijtc-714	28	3	is	be	AUX
ijtc-714	28	4	known	know	VERB
ijtc-714	28	5	that	that	SCONJ
ijtc-714	28	6	indonesia	indonesia	PROPN
ijtc-714	28	7	's	's	PART
ijtc-714	28	8	stock	stock	NOUN
ijtc-714	28	9	market	market	NOUN
ijtc-714	28	10	has	have	AUX
ijtc-714	28	11	delisted	delist	VERB
ijtc-714	28	12	manufacturers	manufacturer	NOUN
ijtc-714	28	13	with	with	ADP
ijtc-714	28	14	z	z	NOUN
ijtc-714	28	15	-	-	PUNCT
ijtc-714	28	16	scores	score	NOUN
ijtc-714	28	17	below	below	ADP
ijtc-714	28	18	1.81	1.81	NUM
ijtc-714	28	19	.	.	PUNCT
ijtc-714	29	1	the	the	DET
ijtc-714	29	2	altman	altman	PROPN
ijtc-714	29	3	z	z	PROPN
ijtc-714	29	4	-	-	PUNCT
ijtc-714	29	5	score	score	NOUN
ijtc-714	29	6	is	be	AUX
ijtc-714	29	7	also	also	ADV
ijtc-714	29	8	very	very	ADV
ijtc-714	29	9	effective	effective	ADJ
ijtc-714	29	10	at	at	ADP
ijtc-714	29	11	predicting	predict	VERB
ijtc-714	29	12	financial	financial	ADJ
ijtc-714	29	13	difficulties	difficulty	NOUN
ijtc-714	29	14	,	,	PUNCT
ijtc-714	29	15	according	accord	VERB
ijtc-714	29	16	to	to	ADP
ijtc-714	29	17	tanjung	tanjung	PROPN
ijtc-714	29	18	(	(	PUNCT
ijtc-714	29	19	2020	2020	NUM
ijtc-714	29	20	)	)	PUNCT
ijtc-714	29	21	,	,	PUNCT
ijtc-714	29	22	so	so	CCONJ
ijtc-714	29	23	it	it	PRON
ijtc-714	29	24	is	be	AUX
ijtc-714	29	25	still	still	ADV
ijtc-714	29	26	very	very	ADV
ijtc-714	29	27	pertinent	pertinent	ADJ
ijtc-714	29	28	to	to	PART
ijtc-714	29	29	use	use	VERB
ijtc-714	29	30	as	as	ADP
ijtc-714	29	31	a	a	DET
ijtc-714	29	32	proxy	proxy	NOUN
ijtc-714	29	33	for	for	ADP
ijtc-714	29	34	determining	determine	VERB
ijtc-714	29	35	financial	financial	ADJ
ijtc-714	29	36	difficulties	difficulty	NOUN
ijtc-714	29	37	.	.	PUNCT
ijtc-714	30	1	several	several	ADJ
ijtc-714	30	2	research	research	NOUN
ijtc-714	30	3	findings	finding	NOUN
ijtc-714	30	4	have	have	AUX
ijtc-714	30	5	explored	explore	VERB
ijtc-714	30	6	the	the	DET
ijtc-714	30	7	relationship	relationship	NOUN
ijtc-714	30	8	between	between	ADP
ijtc-714	30	9	financial	financial	ADJ
ijtc-714	30	10	distress	distress	NOUN
ijtc-714	30	11	and	and	CCONJ
ijtc-714	30	12	various	various	ADJ
ijtc-714	30	13	factors	factor	NOUN
ijtc-714	30	14	such	such	ADJ
ijtc-714	30	15	as	as	ADP
ijtc-714	30	16	leverage	leverage	NOUN
ijtc-714	30	17	,	,	PUNCT
ijtc-714	30	18	liquidity	liquidity	NOUN
ijtc-714	30	19	,	,	PUNCT
ijtc-714	30	20	interest	interest	NOUN
ijtc-714	30	21	coverage	coverage	NOUN
ijtc-714	30	22	ratio	ratio	NOUN
ijtc-714	30	23	,	,	PUNCT
ijtc-714	30	24	free	free	ADJ
ijtc-714	30	25	cash	cash	NOUN
ijtc-714	30	26	flow	flow	NOUN
ijtc-714	30	27	,	,	PUNCT
ijtc-714	30	28	earnings	earning	NOUN
ijtc-714	30	29	management	management	NOUN
ijtc-714	30	30	,	,	PUNCT
ijtc-714	30	31	and	and	CCONJ
ijtc-714	30	32	investment	investment	NOUN
ijtc-714	30	33	decisions	decision	NOUN
ijtc-714	30	34	(	(	PUNCT
ijtc-714	30	35	desai	desai	PROPN
ijtc-714	30	36	&	&	CCONJ
ijtc-714	30	37	dharmapala	dharmapala	PROPN
ijtc-714	30	38	,	,	PUNCT
ijtc-714	30	39	2009	2009	NUM
ijtc-714	30	40	;	;	PUNCT
ijtc-714	30	41	suk	suk	X
ijtc-714	30	42	et	et	PROPN
ijtc-714	30	43	al	al	PROPN
ijtc-714	30	44	.	.	PROPN
ijtc-714	30	45	,	,	PUNCT
ijtc-714	30	46	2021	2021	NUM
ijtc-714	30	47	;	;	PUNCT
ijtc-714	30	48	xue	xue	PROPN
ijtc-714	30	49	et	et	PROPN
ijtc-714	30	50	al	al	PROPN
ijtc-714	30	51	.	.	PROPN
ijtc-714	30	52	,	,	PUNCT
ijtc-714	30	53	2021	2021	NUM
ijtc-714	30	54	)	)	PUNCT
ijtc-714	30	55	.	.	PUNCT
ijtc-714	31	1	however	however	ADV
ijtc-714	31	2	,	,	PUNCT
ijtc-714	31	3	the	the	DET
ijtc-714	31	4	results	result	NOUN
ijtc-714	31	5	have	have	AUX
ijtc-714	31	6	been	be	AUX
ijtc-714	31	7	inconsistent	inconsistent	ADJ
ijtc-714	31	8	.	.	PUNCT
ijtc-714	32	1	this	this	DET
ijtc-714	32	2	study	study	NOUN
ijtc-714	32	3	seeks	seek	VERB
ijtc-714	32	4	to	to	PART
ijtc-714	32	5	replicate	replicate	VERB
ijtc-714	32	6	the	the	DET
ijtc-714	32	7	findings	finding	NOUN
ijtc-714	32	8	of	of	ADP
ijtc-714	32	9	two	two	NUM
ijtc-714	32	10	previous	previous	ADJ
ijtc-714	32	11	investigations	investigation	NOUN
ijtc-714	32	12	conducted	conduct	VERB
ijtc-714	32	13	by	by	ADP
ijtc-714	32	14	(	(	PUNCT
ijtc-714	32	15	a.	a.	NOUN
ijtc-714	32	16	dewanti	dewanti	PROPN
ijtc-714	32	17	et	et	PROPN
ijtc-714	32	18	al	al	PROPN
ijtc-714	32	19	.	.	PROPN
ijtc-714	32	20	,	,	PUNCT
ijtc-714	32	21	2018	2018	NUM
ijtc-714	32	22	;	;	PUNCT
ijtc-714	32	23	setiany	setiany	NOUN
ijtc-714	32	24	,	,	PUNCT
ijtc-714	32	25	2021	2021	NUM
ijtc-714	32	26	)	)	PUNCT
ijtc-714	32	27	combined	combine	VERB
ijtc-714	32	28	.	.	PUNCT
ijtc-714	33	1	(	(	PUNCT
ijtc-714	33	2	a.	a.	NOUN
ijtc-714	33	3	dewanti	dewanti	PROPN
ijtc-714	33	4	et	et	PROPN
ijtc-714	33	5	al	al	PROPN
ijtc-714	33	6	.	.	PROPN
ijtc-714	33	7	,	,	PUNCT
ijtc-714	33	8	2018	2018	NUM
ijtc-714	33	9	)	)	PUNCT
ijtc-714	33	10	conducted	conduct	VERB
ijtc-714	33	11	a	a	DET
ijtc-714	33	12	study	study	NOUN
ijtc-714	33	13	on	on	ADP
ijtc-714	33	14	the	the	DET
ijtc-714	33	15	influence	influence	NOUN
ijtc-714	33	16	of	of	ADP
ijtc-714	33	17	liquidity	liquidity	NOUN
ijtc-714	33	18	and	and	CCONJ
ijtc-714	33	19	leverage	leverage	NOUN
ijtc-714	33	20	on	on	ADP
ijtc-714	33	21	financial	financial	ADJ
ijtc-714	33	22	distress	distress	NOUN
ijtc-714	33	23	,	,	PUNCT
ijtc-714	33	24	whereas	whereas	SCONJ
ijtc-714	33	25	(	(	PUNCT
ijtc-714	33	26	setiany	setiany	ADJ
ijtc-714	33	27	,	,	PUNCT
ijtc-714	33	28	2021	2021	NUM
ijtc-714	33	29	)	)	PUNCT
ijtc-714	33	30	investigated	investigate	VERB
ijtc-714	33	31	the	the	DET
ijtc-714	33	32	impact	impact	NOUN
ijtc-714	33	33	of	of	ADP
ijtc-714	33	34	investment	investment	NOUN
ijtc-714	33	35	,	,	PUNCT
ijtc-714	33	36	free	free	ADJ
ijtc-714	33	37	cash	cash	NOUN
ijtc-714	33	38	flow	flow	NOUN
ijtc-714	33	39	,	,	PUNCT
ijtc-714	33	40	earnings	earning	NOUN
ijtc-714	33	41	management	management	NOUN
ijtc-714	33	42	,	,	PUNCT
ijtc-714	33	43	and	and	CCONJ
ijtc-714	33	44	interest	interest	NOUN
ijtc-714	33	45	coverage	coverage	NOUN
ijtc-714	33	46	ratio	ratio	NOUN
ijtc-714	33	47	on	on	ADP
ijtc-714	33	48	financial	financial	ADJ
ijtc-714	33	49	distress	distress	NOUN
ijtc-714	33	50	.	.	PUNCT
ijtc-714	34	1	setiany	setiany	PROPN
ijtc-714	34	2	's	's	PART
ijtc-714	34	3	findings	finding	NOUN
ijtc-714	34	4	suggest	suggest	VERB
ijtc-714	34	5	that	that	SCONJ
ijtc-714	34	6	only	only	ADV
ijtc-714	34	7	free	free	ADJ
ijtc-714	34	8	cash	cash	NOUN
ijtc-714	34	9	flow	flow	NOUN
ijtc-714	34	10	and	and	CCONJ
ijtc-714	34	11	interest	interest	NOUN
ijtc-714	34	12	coverage	coverage	NOUN
ijtc-714	34	13	ratio	ratio	NOUN
ijtc-714	34	14	have	have	VERB
ijtc-714	34	15	a	a	DET
ijtc-714	34	16	significant	significant	ADJ
ijtc-714	34	17	effect	effect	NOUN
ijtc-714	34	18	on	on	ADP
ijtc-714	34	19	financial	financial	ADJ
ijtc-714	34	20	distress	distress	NOUN
ijtc-714	34	21	for	for	ADP
ijtc-714	34	22	healthy	healthy	ADJ
ijtc-714	34	23	companies	company	NOUN
ijtc-714	34	24	,	,	PUNCT
ijtc-714	34	25	while	while	SCONJ
ijtc-714	34	26	dewanti	dewanti	PROPN
ijtc-714	34	27	et	et	PROPN
ijtc-714	34	28	al	al	PROPN
ijtc-714	34	29	.	.	PROPN
ijtc-714	34	30	's	's	PART
ijtc-714	34	31	research	research	NOUN
ijtc-714	34	32	reveals	reveal	VERB
ijtc-714	34	33	that	that	SCONJ
ijtc-714	34	34	leverage	leverage	NOUN
ijtc-714	34	35	has	have	VERB
ijtc-714	34	36	a	a	DET
ijtc-714	34	37	positive	positive	ADJ
ijtc-714	34	38	effect	effect	NOUN
ijtc-714	34	39	on	on	ADP
ijtc-714	34	40	financial	financial	ADJ
ijtc-714	34	41	distress	distress	NOUN
ijtc-714	34	42	,	,	PUNCT
ijtc-714	34	43	whereas	whereas	SCONJ
ijtc-714	34	44	liquidity	liquidity	NOUN
ijtc-714	34	45	has	have	VERB
ijtc-714	34	46	a	a	DET
ijtc-714	34	47	negative	negative	ADJ
ijtc-714	34	48	effect	effect	NOUN
ijtc-714	34	49	.	.	PUNCT
ijtc-714	35	1	the	the	DET
ijtc-714	35	2	difference	difference	NOUN
ijtc-714	35	3	between	between	ADP
ijtc-714	35	4	this	this	DET
ijtc-714	35	5	study	study	NOUN
ijtc-714	35	6	and	and	CCONJ
ijtc-714	35	7	(	(	PUNCT
ijtc-714	35	8	setiany	setiany	ADJ
ijtc-714	35	9	,	,	PUNCT
ijtc-714	35	10	2021	2021	NUM
ijtc-714	35	11	)	)	PUNCT
ijtc-714	35	12	is	be	AUX
ijtc-714	35	13	that	that	SCONJ
ijtc-714	35	14	adding	add	VERB
ijtc-714	35	15	liquidity	liquidity	NOUN
ijtc-714	35	16	and	and	CCONJ
ijtc-714	35	17	leverage	leverage	NOUN
ijtc-714	35	18	variables	variable	NOUN
ijtc-714	35	19	based	base	VERB
ijtc-714	35	20	on	on	ADP
ijtc-714	35	21	previous	previous	ADJ
ijtc-714	35	22	research	research	NOUN
ijtc-714	35	23	suggestions	suggestion	NOUN
ijtc-714	35	24	requires	require	VERB
ijtc-714	35	25	finding	find	VERB
ijtc-714	35	26	new	new	ADJ
ijtc-714	35	27	additional	additional	ADJ
ijtc-714	35	28	variables	variable	NOUN
ijtc-714	35	29	to	to	PART
ijtc-714	35	30	detect	detect	VERB
ijtc-714	35	31	financial	financial	ADJ
ijtc-714	35	32	distress	distress	NOUN
ijtc-714	35	33	and	and	CCONJ
ijtc-714	35	34	according	accord	VERB
ijtc-714	35	35	to	to	ADP
ijtc-714	35	36	(	(	PUNCT
ijtc-714	35	37	a.	a.	NOUN
ijtc-714	35	38	dewanti	dewanti	PROPN
ijtc-714	35	39	et	et	PROPN
ijtc-714	35	40	al	al	PROPN
ijtc-714	35	41	.	.	PROPN
ijtc-714	35	42	,	,	PUNCT
ijtc-714	35	43	2018	2018	NUM
ijtc-714	35	44	)	)	PUNCT
ijtc-714	35	45	liquidity	liquidity	NOUN
ijtc-714	35	46	and	and	CCONJ
ijtc-714	35	47	leverage	leverage	NOUN
ijtc-714	35	48	can	can	AUX
ijtc-714	35	49	explain	explain	VERB
ijtc-714	35	50	the	the	DET
ijtc-714	35	51	condition	condition	NOUN
ijtc-714	35	52	of	of	ADP
ijtc-714	35	53	companies	company	NOUN
ijtc-714	35	54	in	in	ADP
ijtc-714	35	55	financial	financial	ADJ
ijtc-714	35	56	distress	distress	NOUN
ijtc-714	35	57	.	.	PUNCT
ijtc-714	36	1	the	the	DET
ijtc-714	36	2	next	next	ADJ
ijtc-714	36	3	difference	difference	NOUN
ijtc-714	36	4	is	be	AUX
ijtc-714	36	5	using	use	VERB
ijtc-714	36	6	the	the	DET
ijtc-714	36	7	altman	altman	PROPN
ijtc-714	36	8	z	z	PROPN
ijtc-714	36	9	-	-	PUNCT
ijtc-714	36	10	score	score	NOUN
ijtc-714	36	11	as	as	ADP
ijtc-714	36	12	a	a	DET
ijtc-714	36	13	measure	measure	NOUN
ijtc-714	36	14	of	of	ADP
ijtc-714	36	15	the	the	DET
ijtc-714	36	16	financial	financial	ADJ
ijtc-714	36	17	hardship	hardship	NOUN
ijtc-714	36	18	of	of	ADP
ijtc-714	36	19	the	the	DET
ijtc-714	36	20	manufacturing	manufacture	VERB
ijtc-714	36	21	company	company	NOUN
ijtc-714	36	22	.	.	PUNCT
ijtc-714	37	1	in	in	ADP
ijtc-714	37	2	fact	fact	NOUN
ijtc-714	37	3	,	,	PUNCT
ijtc-714	37	4	according	accord	VERB
ijtc-714	37	5	to	to	ADP
ijtc-714	37	6	wild	wild	ADJ
ijtc-714	37	7	(	(	PUNCT
ijtc-714	37	8	2005	2005	NUM
ijtc-714	37	9	)	)	PUNCT
ijtc-714	37	10	,	,	PUNCT
ijtc-714	37	11	altman	altman	PROPN
ijtc-714	37	12	's	's	PART
ijtc-714	37	13	z	z	NOUN
ijtc-714	37	14	-	-	PUNCT
ijtc-714	37	15	score	score	NOUN
ijtc-714	37	16	is	be	AUX
ijtc-714	37	17	a	a	DET
ijtc-714	37	18	powerful	powerful	ADJ
ijtc-714	37	19	tool	tool	NOUN
ijtc-714	37	20	for	for	ADP
ijtc-714	37	21	determining	determine	VERB
ijtc-714	37	22	whether	whether	SCONJ
ijtc-714	37	23	firms	firm	NOUN
ijtc-714	37	24	are	be	AUX
ijtc-714	37	25	in	in	ADP
ijtc-714	37	26	financial	financial	ADJ
ijtc-714	37	27	distress	distress	NOUN
ijtc-714	37	28	and	and	CCONJ
ijtc-714	37	29	is	be	AUX
ijtc-714	37	30	well	well	ADV
ijtc-714	37	31	suited	suited	ADJ
ijtc-714	37	32	for	for	ADP
ijtc-714	37	33	this	this	DET
ijtc-714	37	34	study	study	NOUN
ijtc-714	37	35	and	and	CCONJ
ijtc-714	37	36	comparison	comparison	NOUN
ijtc-714	37	37	of	of	ADP
ijtc-714	37	38	firms	firm	NOUN
ijtc-714	37	39	.	.	PUNCT
ijtc-714	38	1	as	as	ADP
ijtc-714	38	2	in	in	ADP
ijtc-714	38	3	setiany	setiany	NOUN
ijtc-714	38	4	's	's	PART
ijtc-714	38	5	2021	2021	NUM
ijtc-714	38	6	survey	survey	NOUN
ijtc-714	38	7	,	,	PUNCT
ijtc-714	38	8	not	not	PART
ijtc-714	38	9	only	only	ADV
ijtc-714	38	10	are	be	AUX
ijtc-714	38	11	healthy	healthy	ADJ
ijtc-714	38	12	businesses	business	NOUN
ijtc-714	38	13	dependent	dependent	ADJ
ijtc-714	38	14	on	on	ADP
ijtc-714	38	15	his	his	PRON
ijtc-714	38	16	z	z	NOUN
ijtc-714	38	17	-	-	PUNCT
ijtc-714	38	18	score	score	NOUN
ijtc-714	38	19	results	result	NOUN
ijtc-714	38	20	,	,	PUNCT
ijtc-714	38	21	but	but	CCONJ
ijtc-714	38	22	so	so	ADV
ijtc-714	38	23	are	be	AUX
ijtc-714	38	24	those	those	PRON
ijtc-714	38	25	in	in	ADP
ijtc-714	38	26	financial	financial	ADJ
ijtc-714	38	27	distress	distress	NOUN
ijtc-714	38	28	(	(	PUNCT
ijtc-714	38	29	dudley	dudley	PROPN
ijtc-714	38	30	et	et	PROPN
ijtc-714	38	31	al	al	PROPN
ijtc-714	38	32	.	.	PROPN
ijtc-714	38	33	,	,	PUNCT
ijtc-714	38	34	2022	2022	NUM
ijtc-714	38	35	;	;	PUNCT
ijtc-714	38	36	febriml	febriml	VERB
ijtc-714	38	37	dwijayanti	dwijayanti	ADJ
ijtc-714	38	38	universitas	universita	NOUN
ijtc-714	38	39	katolik	katolik	PROPN
ijtc-714	38	40	widya	widya	PROPN
ijtc-714	38	41	mandala	mandala	PROPN
ijtc-714	38	42	surabaya	surabaya	PROPN
ijtc-714	38	43	,	,	PUNCT
ijtc-714	38	44	2010	2010	NUM
ijtc-714	38	45	;	;	PUNCT
ijtc-714	38	46	a.	a.	PROPN
ijtc-714	38	47	kartika	kartika	PROPN
ijtc-714	38	48	et	et	PROPN
ijtc-714	38	49	al	al	PROPN
ijtc-714	38	50	.	.	PROPN
ijtc-714	38	51	,	,	PUNCT
ijtc-714	38	52	2020	2020	NUM
ijtc-714	38	53	;	;	PUNCT
ijtc-714	38	54	lópez	lópez	NOUN
ijtc-714	38	55	-	-	PUNCT
ijtc-714	38	56	gutiérrez	gutiérrez	NOUN
ijtc-714	38	57	et	et	PROPN
ijtc-714	38	58	al	al	PROPN
ijtc-714	38	59	.	.	PROPN
ijtc-714	38	60	,	,	PUNCT
ijtc-714	38	61	2015	2015	NUM
ijtc-714	38	62	)	)	PUNCT
ijtc-714	38	63	.	.	PUNCT
ijtc-714	39	1	signalling	signal	VERB
ijtc-714	39	2	theory	theory	NOUN
ijtc-714	39	3	signaling	signal	VERB
ijtc-714	39	4	theory	theory	NOUN
ijtc-714	39	5	describes	describe	VERB
ijtc-714	39	6	how	how	SCONJ
ijtc-714	39	7	companies	company	NOUN
ijtc-714	39	8	work	work	VERB
ijtc-714	39	9	to	to	PART
ijtc-714	39	10	provide	provide	VERB
ijtc-714	39	11	investors	investor	NOUN
ijtc-714	39	12	with	with	ADP
ijtc-714	39	13	guidance	guidance	NOUN
ijtc-714	39	14	on	on	ADP
ijtc-714	39	15	how	how	SCONJ
ijtc-714	39	16	management	management	NOUN
ijtc-714	39	17	views	view	VERB
ijtc-714	39	18	the	the	DET
ijtc-714	39	19	company	company	NOUN
ijtc-714	39	20	's	's	PART
ijtc-714	39	21	prospects	prospect	NOUN
ijtc-714	39	22	.	.	PUNCT
ijtc-714	40	1	signal	signal	NOUN
ijtc-714	40	2	theory	theory	NOUN
ijtc-714	40	3	helps	help	VERB
ijtc-714	40	4	companies	company	NOUN
ijtc-714	40	5	(	(	PUNCT
ijtc-714	40	6	agents	agent	NOUN
ijtc-714	40	7	)	)	PUNCT
ijtc-714	40	8	and	and	CCONJ
ijtc-714	40	9	owners	owner	NOUN
ijtc-714	40	10	(	(	PUNCT
ijtc-714	40	11	principals	principal	NOUN
ijtc-714	40	12	)	)	PUNCT
ijtc-714	40	13	and	and	CCONJ
ijtc-714	40	14	outsiders	outsider	NOUN
ijtc-714	40	15	reduce	reduce	VERB
ijtc-714	40	16	information	information	NOUN
ijtc-714	40	17	asymmetries	asymmetry	NOUN
ijtc-714	40	18	by	by	ADP
ijtc-714	40	19	producing	produce	VERB
ijtc-714	40	20	high	high	ADJ
ijtc-714	40	21	-	-	PUNCT
ijtc-714	40	22	quality	quality	NOUN
ijtc-714	40	23	or	or	CCONJ
ijtc-714	40	24	consolidated	consolidated	ADJ
ijtc-714	40	25	financial	financial	ADJ
ijtc-714	40	26	reporting	reporting	NOUN
ijtc-714	40	27	information	information	NOUN
ijtc-714	40	28	.	.	PUNCT
ijtc-714	41	1	healthy	healthy	ADJ
ijtc-714	41	2	companies	company	NOUN
ijtc-714	41	3	are	be	AUX
ijtc-714	41	4	more	more	ADV
ijtc-714	41	5	likely	likely	ADJ
ijtc-714	41	6	to	to	PART
ijtc-714	41	7	disclose	disclose	VERB
ijtc-714	41	8	than	than	ADP
ijtc-714	41	9	financially	financially	ADV
ijtc-714	41	10	distressed	distressed	ADJ
ijtc-714	41	11	companies	company	NOUN
ijtc-714	41	12	.	.	PUNCT
ijtc-714	42	1	financial	financial	ADJ
ijtc-714	42	2	difficulties	difficulty	NOUN
ijtc-714	42	3	refer	refer	VERB
ijtc-714	42	4	to	to	ADP
ijtc-714	42	5	situations	situation	NOUN
ijtc-714	42	6	in	in	ADP
ijtc-714	42	7	which	which	PRON
ijtc-714	42	8	a	a	DET
ijtc-714	42	9	company	company	NOUN
ijtc-714	42	10	's	's	PART
ijtc-714	42	11	business	business	NOUN
ijtc-714	42	12	performance	performance	NOUN
ijtc-714	42	13	deteriorated	deteriorate	VERB
ijtc-714	42	14	due	due	ADJ
ijtc-714	42	15	to	to	ADP
ijtc-714	42	16	poor	poor	ADJ
ijtc-714	42	17	management	management	NOUN
ijtc-714	42	18	and	and	CCONJ
ijtc-714	42	19	faced	face	VERB
ijtc-714	42	20	a	a	DET
ijtc-714	42	21	financial	financial	ADJ
ijtc-714	42	22	crisis	crisis	NOUN
ijtc-714	42	23	.	.	PUNCT
ijtc-714	43	1	ross	ross	PROPN
ijtc-714	43	2	(	(	PUNCT
ijtc-714	43	3	1977	1977	NUM
ijtc-714	43	4	)	)	PUNCT
ijtc-714	43	5	states	state	VERB
ijtc-714	43	6	that	that	SCONJ
ijtc-714	43	7	when	when	SCONJ
ijtc-714	43	8	a	a	DET
ijtc-714	43	9	firm	firm	NOUN
ijtc-714	43	10	is	be	AUX
ijtc-714	43	11	in	in	ADP
ijtc-714	43	12	financial	financial	ADJ
ijtc-714	43	13	trouble	trouble	NOUN
ijtc-714	43	14	,	,	PUNCT
ijtc-714	43	15	it	it	PRON
ijtc-714	43	16	has	have	VERB
ijtc-714	43	17	bad	bad	ADJ
ijtc-714	43	18	news	news	NOUN
ijtc-714	43	19	,	,	PUNCT
ijtc-714	43	20	a	a	DET
ijtc-714	43	21	negative	negative	ADJ
ijtc-714	43	22	signal	signal	NOUN
ijtc-714	43	23	to	to	ADP
ijtc-714	43	24	investors	investor	NOUN
ijtc-714	43	25	that	that	PRON
ijtc-714	43	26	affects	affect	VERB
ijtc-714	43	27	disclosure	disclosure	NOUN
ijtc-714	43	28	.	.	PUNCT
ijtc-714	44	1	companies	company	NOUN
ijtc-714	44	2	that	that	PRON
ijtc-714	44	3	have	have	VERB
ijtc-714	44	4	good	good	ADJ
ijtc-714	44	5	news	news	NOUN
ijtc-714	44	6	,	,	PUNCT
ijtc-714	44	7	which	which	PRON
ijtc-714	44	8	means	mean	VERB
ijtc-714	44	9	that	that	SCONJ
ijtc-714	44	10	the	the	DET
ijtc-714	44	11	company	company	NOUN
ijtc-714	44	12	is	be	AUX
ijtc-714	44	13	financially	financially	ADV
ijtc-714	44	14	healthy	healthy	ADJ
ijtc-714	44	15	,	,	PUNCT
ijtc-714	44	16	influence	influence	NOUN
ijtc-714	44	17	management	management	NOUN
ijtc-714	44	18	by	by	ADP
ijtc-714	44	19	providing	provide	VERB
ijtc-714	44	20	company	company	NOUN
ijtc-714	44	21	information	information	NOUN
ijtc-714	44	22	,	,	PUNCT
ijtc-714	44	23	but	but	CCONJ
ijtc-714	44	24	management	management	NOUN
ijtc-714	44	25	does	do	AUX
ijtc-714	44	26	not	not	PART
ijtc-714	44	27	want	want	VERB
ijtc-714	44	28	information	information	NOUN
ijtc-714	44	29	that	that	PRON
ijtc-714	44	30	can	can	AUX
ijtc-714	44	31	enhance	enhance	VERB
ijtc-714	44	32	the	the	DET
ijtc-714	44	33	company	company	NOUN
ijtc-714	44	34	's	's	PART
ijtc-714	44	35	success	success	NOUN
ijtc-714	44	36	.	.	PUNCT
ijtc-714	45	1	this	this	DET
ijtc-714	45	2	information	information	NOUN
ijtc-714	45	3	is	be	AUX
ijtc-714	45	4	not	not	PART
ijtc-714	45	5	required	require	VERB
ijtc-714	45	6	.	.	PUNCT
ijtc-714	46	1	signal	signal	PROPN
ijtc-714	46	2	theory	theory	NOUN
ijtc-714	46	3	in	in	ADP
ijtc-714	46	4	financial	financial	ADJ
ijtc-714	46	5	distress	distress	NOUN
ijtc-714	46	6	research	research	NOUN
ijtc-714	46	7	explains	explain	VERB
ijtc-714	46	8	that	that	SCONJ
ijtc-714	46	9	if	if	SCONJ
ijtc-714	46	10	the	the	DET
ijtc-714	46	11	financial	financial	ADJ
ijtc-714	46	12	condition	condition	NOUN
ijtc-714	46	13	and	and	CCONJ
ijtc-714	46	14	prospects	prospect	NOUN
ijtc-714	46	15	of	of	ADP
ijtc-714	46	16	an	an	DET
ijtc-714	46	17	entity	entity	NOUN
ijtc-714	46	18	are	be	AUX
ijtc-714	46	19	good	good	ADJ
ijtc-714	46	20	,	,	PUNCT
ijtc-714	46	21	managers	manager	NOUN
ijtc-714	46	22	will	will	AUX
ijtc-714	46	23	give	give	VERB
ijtc-714	46	24	a	a	DET
ijtc-714	46	25	signal	signal	NOUN
ijtc-714	46	26	by	by	ADP
ijtc-714	46	27	carrying	carry	VERB
ijtc-714	46	28	out	out	ADP
ijtc-714	46	29	liberal	liberal	ADJ
ijtc-714	46	30	accounting	accounting	NOUN
ijtc-714	46	31	.	.	PUNCT
ijtc-714	47	1	conversely	conversely	ADV
ijtc-714	47	2	,	,	PUNCT
ijtc-714	47	3	if	if	SCONJ
ijtc-714	47	4	the	the	DET
ijtc-714	47	5	entity	entity	NOUN
ijtc-714	47	6	is	be	AUX
ijtc-714	47	7	in	in	ADP
ijtc-714	47	8	a	a	DET
ijtc-714	47	9	state	state	NOUN
ijtc-714	47	10	of	of	ADP
ijtc-714	47	11	financial	financial	ADJ
ijtc-714	47	12	distress	distress	NOUN
ijtc-714	47	13	and	and	CCONJ
ijtc-714	47	14	has	have	VERB
ijtc-714	47	15	poor	poor	ADJ
ijtc-714	47	16	prospects	prospect	NOUN
ijtc-714	47	17	,	,	PUNCT
ijtc-714	47	18	the	the	DET
ijtc-714	47	19	manager	manager	NOUN
ijtc-714	47	20	will	will	AUX
ijtc-714	47	21	give	give	VERB
ijtc-714	47	22	a	a	DET
ijtc-714	47	23	signal	signal	NOUN
ijtc-714	47	24	by	by	ADP
ijtc-714	47	25	doing	do	VERB
ijtc-714	47	26	conservative	conservative	ADJ
ijtc-714	47	27	accounting	accounting	NOUN
ijtc-714	47	28	.	.	PUNCT
ijtc-714	48	1	signal	signal	PROPN
ijtc-714	48	2	theory	theory	NOUN
ijtc-714	48	3	can	can	AUX
ijtc-714	48	4	therefore	therefore	ADV
ijtc-714	48	5	be	be	AUX
ijtc-714	48	6	used	use	VERB
ijtc-714	48	7	to	to	PART
ijtc-714	48	8	provide	provide	VERB
ijtc-714	48	9	managers	manager	NOUN
ijtc-714	48	10	with	with	ADP
ijtc-714	48	11	signals	signal	NOUN
ijtc-714	48	12	about	about	ADP
ijtc-714	48	13	good	good	ADJ
ijtc-714	48	14	and	and	CCONJ
ijtc-714	48	15	bad	bad	ADJ
ijtc-714	48	16	news	news	NOUN
ijtc-714	48	17	for	for	ADP
ijtc-714	48	18	the	the	DET
ijtc-714	48	19	company	company	NOUN
ijtc-714	48	20	.	.	PUNCT
ijtc-714	49	1	this	this	PRON
ijtc-714	49	2	allows	allow	VERB
ijtc-714	49	3	the	the	DET
ijtc-714	49	4	authority	authority	NOUN
ijtc-714	49	5	to	to	PART
ijtc-714	49	6	take	take	VERB
ijtc-714	49	7	action	action	NOUN
ijtc-714	49	8	or	or	CCONJ
ijtc-714	49	9	take	take	VERB
ijtc-714	49	10	immediate	immediate	ADJ
ijtc-714	49	11	action	action	NOUN
ijtc-714	49	12	to	to	PART
ijtc-714	49	13	resolve	resolve	VERB
ijtc-714	49	14	the	the	DET
ijtc-714	49	15	issue	issue	NOUN
ijtc-714	49	16	.	.	PUNCT
ijtc-714	50	1	https://www.ilomata.org/index.php/ijtc	https://www.ilomata.org/index.php/ijtc	ADJ
ijtc-714	50	2	effect	effect	NOUN
ijtc-714	50	3	of	of	ADP
ijtc-714	50	4	investment	investment	NOUN
ijtc-714	50	5	,	,	PUNCT
ijtc-714	50	6	free	free	ADJ
ijtc-714	50	7	cash	cash	NOUN
ijtc-714	50	8	flow	flow	NOUN
ijtc-714	50	9	,	,	PUNCT
ijtc-714	50	10	earnings	earning	NOUN
ijtc-714	50	11	management	management	NOUN
ijtc-714	50	12	,	,	PUNCT
ijtc-714	50	13	interest	interest	NOUN
ijtc-714	50	14	coverage	coverage	NOUN
ijtc-714	50	15	ratio	ratio	NOUN
ijtc-714	50	16	,	,	PUNCT
ijtc-714	50	17	liquidity	liquidity	NOUN
ijtc-714	50	18	,	,	PUNCT
ijtc-714	50	19	and	and	CCONJ
ijtc-714	50	20	leverage	leverage	NOUN
ijtc-714	50	21	on	on	ADP
ijtc-714	50	22	financial	financial	ADJ
ijtc-714	50	23	distress	distress	NOUN
ijtc-714	50	24	suranta	suranta	NOUN
ijtc-714	50	25	,	,	PUNCT
ijtc-714	50	26	satrio	satrio	PROPN
ijtc-714	50	27	,	,	PUNCT
ijtc-714	50	28	and	and	CCONJ
ijtc-714	50	29	midiastuty	midiastuty	VERB
ijtc-714	50	30	285	285	NUM
ijtc-714	50	31	|	|	ADV
ijtc-714	50	32	ilomata	ilomata	PROPN
ijtc-714	50	33	international	international	ADJ
ijtc-714	50	34	journal	journal	NOUN
ijtc-714	50	35	of	of	ADP
ijtc-714	50	36	tax	tax	PROPN
ijtc-714	50	37	&	&	CCONJ
ijtc-714	50	38	accounting	account	VERB
ijtc-714	50	39	https://www.ilomata.org/index.php/ijtc	https://www.ilomata.org/index.php/ijtc	ADJ
ijtc-714	50	40	signals	signal	NOUN
ijtc-714	50	41	about	about	ADP
ijtc-714	50	42	the	the	DET
ijtc-714	50	43	condition	condition	NOUN
ijtc-714	50	44	of	of	ADP
ijtc-714	50	45	companies	company	NOUN
ijtc-714	50	46	that	that	PRON
ijtc-714	50	47	are	be	AUX
ijtc-714	50	48	experiencing	experience	VERB
ijtc-714	50	49	financial	financial	ADJ
ijtc-714	50	50	distress	distress	NOUN
ijtc-714	50	51	can	can	AUX
ijtc-714	50	52	be	be	AUX
ijtc-714	50	53	obtained	obtain	VERB
ijtc-714	50	54	by	by	ADP
ijtc-714	50	55	agents	agent	NOUN
ijtc-714	50	56	and	and	CCONJ
ijtc-714	50	57	principals	principal	NOUN
ijtc-714	50	58	through	through	ADP
ijtc-714	50	59	financial	financial	ADJ
ijtc-714	50	60	reports	report	NOUN
ijtc-714	50	61	which	which	PRON
ijtc-714	50	62	are	be	AUX
ijtc-714	50	63	illustrated	illustrate	VERB
ijtc-714	50	64	through	through	ADP
ijtc-714	50	65	financial	financial	ADJ
ijtc-714	50	66	ratios	ratio	NOUN
ijtc-714	50	67	.	.	PUNCT
ijtc-714	51	1	the	the	DET
ijtc-714	51	2	financial	financial	ADJ
ijtc-714	51	3	ratios	ratio	NOUN
ijtc-714	51	4	used	use	VERB
ijtc-714	51	5	are	be	AUX
ijtc-714	51	6	the	the	DET
ijtc-714	51	7	ratio	ratio	NOUN
ijtc-714	51	8	of	of	ADP
ijtc-714	51	9	liquidity	liquidity	NOUN
ijtc-714	51	10	and	and	CCONJ
ijtc-714	51	11	leverage	leverage	NOUN
ijtc-714	51	12	.	.	PUNCT
ijtc-714	52	1	liquidity	liquidity	NOUN
ijtc-714	52	2	can	can	AUX
ijtc-714	52	3	indicate	indicate	VERB
ijtc-714	52	4	a	a	DET
ijtc-714	52	5	company	company	NOUN
ijtc-714	52	6	's	's	PART
ijtc-714	52	7	ability	ability	NOUN
ijtc-714	52	8	to	to	PART
ijtc-714	52	9	meet	meet	VERB
ijtc-714	52	10	its	its	PRON
ijtc-714	52	11	short	short	ADJ
ijtc-714	52	12	-	-	PUNCT
ijtc-714	52	13	term	term	NOUN
ijtc-714	52	14	obligations	obligation	NOUN
ijtc-714	52	15	.	.	PUNCT
ijtc-714	53	1	leverage	leverage	NOUN
ijtc-714	53	2	,	,	PUNCT
ijtc-714	53	3	on	on	ADP
ijtc-714	53	4	the	the	DET
ijtc-714	53	5	other	other	ADJ
ijtc-714	53	6	hand	hand	NOUN
ijtc-714	53	7	,	,	PUNCT
ijtc-714	53	8	shows	show	VERB
ijtc-714	53	9	how	how	SCONJ
ijtc-714	53	10	much	much	ADJ
ijtc-714	53	11	of	of	ADP
ijtc-714	53	12	a	a	DET
ijtc-714	53	13	company	company	NOUN
ijtc-714	53	14	's	's	PART
ijtc-714	53	15	money	money	NOUN
ijtc-714	53	16	comes	come	VERB
ijtc-714	53	17	from	from	ADP
ijtc-714	53	18	debt	debt	NOUN
ijtc-714	53	19	and	and	CCONJ
ijtc-714	53	20	company	company	NOUN
ijtc-714	53	21	stock	stock	NOUN
ijtc-714	53	22	.	.	PUNCT
ijtc-714	54	1	when	when	SCONJ
ijtc-714	54	2	a	a	DET
ijtc-714	54	3	company	company	NOUN
ijtc-714	54	4	obtains	obtain	VERB
ijtc-714	54	5	more	more	ADJ
ijtc-714	54	6	debt	debt	NOUN
ijtc-714	54	7	financing	financing	NOUN
ijtc-714	54	8	,	,	PUNCT
ijtc-714	54	9	when	when	SCONJ
ijtc-714	54	10	the	the	DET
ijtc-714	54	11	debt	debt	NOUN
ijtc-714	54	12	exceeds	exceed	VERB
ijtc-714	54	13	the	the	DET
ijtc-714	54	14	equity	equity	NOUN
ijtc-714	54	15	,	,	PUNCT
ijtc-714	54	16	the	the	DET
ijtc-714	54	17	dangerous	dangerous	ADJ
ijtc-714	54	18	problem	problem	NOUN
ijtc-714	54	19	of	of	ADP
ijtc-714	54	20	future	future	ADJ
ijtc-714	54	21	payment	payment	NOUN
ijtc-714	54	22	difficulties	difficulty	NOUN
ijtc-714	54	23	arises	arise	VERB
ijtc-714	54	24	.	.	PUNCT
ijtc-714	55	1	the	the	DET
ijtc-714	55	2	interest	interest	NOUN
ijtc-714	55	3	coverage	coverage	NOUN
ijtc-714	55	4	ratio	ratio	NOUN
ijtc-714	55	5	can	can	AUX
ijtc-714	55	6	also	also	ADV
ijtc-714	55	7	be	be	AUX
ijtc-714	55	8	used	use	VERB
ijtc-714	55	9	as	as	ADP
ijtc-714	55	10	a	a	DET
ijtc-714	55	11	signal	signal	NOUN
ijtc-714	55	12	of	of	ADP
ijtc-714	55	13	whether	whether	SCONJ
ijtc-714	55	14	a	a	DET
ijtc-714	55	15	company	company	NOUN
ijtc-714	55	16	is	be	AUX
ijtc-714	55	17	in	in	ADP
ijtc-714	55	18	financial	financial	ADJ
ijtc-714	55	19	distress	distress	NOUN
ijtc-714	55	20	.	.	PUNCT
ijtc-714	56	1	if	if	SCONJ
ijtc-714	56	2	a	a	DET
ijtc-714	56	3	company	company	NOUN
ijtc-714	56	4	has	have	VERB
ijtc-714	56	5	a	a	DET
ijtc-714	56	6	negative	negative	ADJ
ijtc-714	56	7	interest	interest	NOUN
ijtc-714	56	8	coverage	coverage	NOUN
ijtc-714	56	9	ratio	ratio	NOUN
ijtc-714	56	10	,	,	PUNCT
ijtc-714	56	11	it	it	PRON
ijtc-714	56	12	means	mean	VERB
ijtc-714	56	13	that	that	SCONJ
ijtc-714	56	14	the	the	DET
ijtc-714	56	15	company	company	NOUN
ijtc-714	56	16	can	can	AUX
ijtc-714	56	17	not	not	PART
ijtc-714	56	18	cover	cover	VERB
ijtc-714	56	19	its	its	PRON
ijtc-714	56	20	interest	interest	NOUN
ijtc-714	56	21	costs	cost	NOUN
ijtc-714	56	22	,	,	PUNCT
ijtc-714	56	23	which	which	PRON
ijtc-714	56	24	is	be	AUX
ijtc-714	56	25	a	a	DET
ijtc-714	56	26	bad	bad	ADJ
ijtc-714	56	27	sign	sign	NOUN
ijtc-714	56	28	(	(	PUNCT
ijtc-714	56	29	i.	i.	PROPN
ijtc-714	56	30	g.	g.	PROPN
ijtc-714	56	31	dewanti	dewanti	PROPN
ijtc-714	56	32	&	&	CCONJ
ijtc-714	56	33	sujana	sujana	PROPN
ijtc-714	56	34	,	,	PUNCT
ijtc-714	56	35	2019	2019	NUM
ijtc-714	56	36	;	;	PUNCT
ijtc-714	56	37	maharani	maharani	PROPN
ijtc-714	56	38	&	&	CCONJ
ijtc-714	56	39	baroroh	baroroh	PROPN
ijtc-714	56	40	,	,	PUNCT
ijtc-714	56	41	2020	2020	NUM
ijtc-714	56	42	;	;	PUNCT
ijtc-714	56	43	yarba	yarba	PROPN
ijtc-714	56	44	&	&	CCONJ
ijtc-714	56	45	güner	güner	PROPN
ijtc-714	56	46	,	,	PUNCT
ijtc-714	56	47	2020	2020	NUM
ijtc-714	56	48	)	)	PUNCT
ijtc-714	56	49	.	.	PUNCT
ijtc-714	57	1	in	in	ADP
ijtc-714	57	2	addition	addition	NOUN
ijtc-714	57	3	,	,	PUNCT
ijtc-714	57	4	investment	investment	NOUN
ijtc-714	57	5	decisions	decision	NOUN
ijtc-714	57	6	can	can	AUX
ijtc-714	57	7	also	also	ADV
ijtc-714	57	8	be	be	AUX
ijtc-714	57	9	a	a	DET
ijtc-714	57	10	signal	signal	NOUN
ijtc-714	57	11	that	that	PRON
ijtc-714	57	12	can	can	AUX
ijtc-714	57	13	be	be	AUX
ijtc-714	57	14	used	use	VERB
ijtc-714	57	15	in	in	ADP
ijtc-714	57	16	assessing	assess	VERB
ijtc-714	57	17	the	the	DET
ijtc-714	57	18	condition	condition	NOUN
ijtc-714	57	19	of	of	ADP
ijtc-714	57	20	a	a	DET
ijtc-714	57	21	company	company	NOUN
ijtc-714	57	22	.	.	PUNCT
ijtc-714	58	1	the	the	DET
ijtc-714	58	2	investment	investment	NOUN
ijtc-714	58	3	decision	decision	NOUN
ijtc-714	58	4	described	describe	VERB
ijtc-714	58	5	by	by	ADP
ijtc-714	58	6	the	the	DET
ijtc-714	58	7	investment	investment	NOUN
ijtc-714	58	8	opportunity	opportunity	NOUN
ijtc-714	58	9	set	set	NOUN
ijtc-714	58	10	can	can	AUX
ijtc-714	58	11	use	use	VERB
ijtc-714	58	12	a	a	DET
ijtc-714	58	13	total	total	ADJ
ijtc-714	58	14	asset	asset	NOUN
ijtc-714	58	15	growth	growth	NOUN
ijtc-714	58	16	(	(	PUNCT
ijtc-714	58	17	tag	tag	NOUN
ijtc-714	58	18	)	)	PUNCT
ijtc-714	58	19	proxy	proxy	NOUN
ijtc-714	58	20	where	where	SCONJ
ijtc-714	58	21	the	the	DET
ijtc-714	58	22	growth	growth	NOUN
ijtc-714	58	23	in	in	ADP
ijtc-714	58	24	the	the	DET
ijtc-714	58	25	total	total	ADJ
ijtc-714	58	26	asset	asset	NOUN
ijtc-714	58	27	value	value	NOUN
ijtc-714	58	28	of	of	ADP
ijtc-714	58	29	a	a	DET
ijtc-714	58	30	company	company	NOUN
ijtc-714	58	31	indicates	indicate	VERB
ijtc-714	58	32	that	that	SCONJ
ijtc-714	58	33	the	the	DET
ijtc-714	58	34	company	company	NOUN
ijtc-714	58	35	is	be	AUX
ijtc-714	58	36	in	in	ADP
ijtc-714	58	37	a	a	DET
ijtc-714	58	38	condition	condition	NOUN
ijtc-714	58	39	to	to	PART
ijtc-714	58	40	add	add	VERB
ijtc-714	58	41	asset	asset	NOUN
ijtc-714	58	42	value	value	NOUN
ijtc-714	58	43	through	through	ADP
ijtc-714	58	44	investment	investment	NOUN
ijtc-714	58	45	decisions	decision	NOUN
ijtc-714	58	46	made	make	VERB
ijtc-714	58	47	by	by	ADP
ijtc-714	58	48	the	the	DET
ijtc-714	58	49	company	company	NOUN
ijtc-714	58	50	.	.	PUNCT
ijtc-714	59	1	investment	investment	NOUN
ijtc-714	59	2	financing	financing	NOUN
ijtc-714	59	3	is	be	AUX
ijtc-714	59	4	also	also	ADV
ijtc-714	59	5	closely	closely	ADV
ijtc-714	59	6	related	relate	VERB
ijtc-714	59	7	to	to	AUX
ijtc-714	59	8	available	available	VERB
ijtc-714	59	9	free	free	ADJ
ijtc-714	59	10	cash	cash	NOUN
ijtc-714	59	11	flow	flow	NOUN
ijtc-714	59	12	.	.	PUNCT
ijtc-714	60	1	if	if	SCONJ
ijtc-714	60	2	a	a	DET
ijtc-714	60	3	company	company	NOUN
ijtc-714	60	4	's	's	PART
ijtc-714	60	5	free	free	ADJ
ijtc-714	60	6	cash	cash	NOUN
ijtc-714	60	7	flow	flow	NOUN
ijtc-714	60	8	is	be	AUX
ijtc-714	60	9	positive	positive	ADJ
ijtc-714	60	10	,	,	PUNCT
ijtc-714	60	11	that	that	PRON
ijtc-714	60	12	's	be	AUX
ijtc-714	60	13	a	a	DET
ijtc-714	60	14	promising	promising	ADJ
ijtc-714	60	15	sign	sign	NOUN
ijtc-714	60	16	,	,	PUNCT
ijtc-714	60	17	indicating	indicate	VERB
ijtc-714	60	18	that	that	SCONJ
ijtc-714	60	19	it	it	PRON
ijtc-714	60	20	's	be	AUX
ijtc-714	60	21	operating	operate	VERB
ijtc-714	60	22	well	well	ADV
ijtc-714	60	23	.	.	PUNCT
ijtc-714	61	1	on	on	ADP
ijtc-714	61	2	the	the	DET
ijtc-714	61	3	flip	flip	ADJ
ijtc-714	61	4	side	side	NOUN
ijtc-714	61	5	,	,	PUNCT
ijtc-714	61	6	a	a	DET
ijtc-714	61	7	negative	negative	ADJ
ijtc-714	61	8	free	free	ADJ
ijtc-714	61	9	cash	cash	NOUN
ijtc-714	61	10	flow	flow	NOUN
ijtc-714	61	11	reflects	reflect	VERB
ijtc-714	61	12	the	the	DET
ijtc-714	61	13	same	same	ADJ
ijtc-714	61	14	thing	thing	NOUN
ijtc-714	61	15	:	:	PUNCT
ijtc-714	61	16	negative	negative	ADJ
ijtc-714	61	17	operating	operate	VERB
ijtc-714	61	18	cash	cash	NOUN
ijtc-714	61	19	flow	flow	NOUN
ijtc-714	61	20	.	.	PUNCT
ijtc-714	62	1	without	without	ADP
ijtc-714	62	2	proper	proper	ADJ
ijtc-714	62	3	vigilance	vigilance	NOUN
ijtc-714	62	4	,	,	PUNCT
ijtc-714	62	5	the	the	DET
ijtc-714	62	6	company	company	NOUN
ijtc-714	62	7	may	may	AUX
ijtc-714	62	8	end	end	VERB
ijtc-714	62	9	up	up	ADP
ijtc-714	62	10	facing	face	VERB
ijtc-714	62	11	financial	financial	ADJ
ijtc-714	62	12	problems	problem	NOUN
ijtc-714	62	13	(	(	PUNCT
ijtc-714	62	14	abu	abu	PROPN
ijtc-714	62	15	et	et	PROPN
ijtc-714	62	16	al	al	PROPN
ijtc-714	62	17	.	.	PROPN
ijtc-714	62	18	,	,	PUNCT
ijtc-714	62	19	2022	2022	NUM
ijtc-714	62	20	;	;	PUNCT
ijtc-714	62	21	ramli	ramli	PROPN
ijtc-714	62	22	&	&	CCONJ
ijtc-714	62	23	yekini	yekini	PROPN
ijtc-714	62	24	,	,	PUNCT
ijtc-714	62	25	2022	2022	NUM
ijtc-714	62	26	;	;	PUNCT
ijtc-714	62	27	vatamanyuk	vatamanyuk	NOUN
ijtc-714	62	28	-	-	PUNCT
ijtc-714	62	29	zelinska	zelinska	PROPN
ijtc-714	62	30	&	&	CCONJ
ijtc-714	62	31	melnychenko	melnychenko	NOUN
ijtc-714	62	32	,	,	PUNCT
ijtc-714	62	33	2020	2020	NUM
ijtc-714	62	34	)	)	PUNCT
ijtc-714	62	35	.	.	PUNCT
ijtc-714	63	1	the	the	DET
ijtc-714	63	2	effect	effect	NOUN
ijtc-714	63	3	of	of	ADP
ijtc-714	63	4	investment	investment	NOUN
ijtc-714	63	5	decisions	decision	NOUN
ijtc-714	63	6	on	on	ADP
ijtc-714	63	7	financial	financial	ADJ
ijtc-714	63	8	distress	distress	NOUN
ijtc-714	63	9	the	the	DET
ijtc-714	63	10	decision	decision	NOUN
ijtc-714	63	11	to	to	PART
ijtc-714	63	12	invest	invest	VERB
ijtc-714	63	13	is	be	AUX
ijtc-714	63	14	linked	link	VERB
ijtc-714	63	15	to	to	ADP
ijtc-714	63	16	the	the	DET
ijtc-714	63	17	proxy	proxy	NOUN
ijtc-714	63	18	of	of	ADP
ijtc-714	63	19	investment	investment	NOUN
ijtc-714	63	20	opportunity	opportunity	NOUN
ijtc-714	63	21	set	set	NOUN
ijtc-714	63	22	,	,	PUNCT
ijtc-714	63	23	which	which	PRON
ijtc-714	63	24	employs	employ	VERB
ijtc-714	63	25	a	a	DET
ijtc-714	63	26	total	total	ADJ
ijtc-714	63	27	assets	asset	NOUN
ijtc-714	63	28	growth	growth	NOUN
ijtc-714	63	29	approach	approach	NOUN
ijtc-714	63	30	in	in	ADP
ijtc-714	63	31	its	its	PRON
ijtc-714	63	32	calculation	calculation	NOUN
ijtc-714	63	33	.	.	PUNCT
ijtc-714	64	1	as	as	ADP
ijtc-714	64	2	per	per	ADP
ijtc-714	64	3	(	(	PUNCT
ijtc-714	64	4	eliu	eliu	NOUN
ijtc-714	64	5	,	,	PUNCT
ijtc-714	64	6	2014	2014	NUM
ijtc-714	64	7	)	)	PUNCT
ijtc-714	64	8	,	,	PUNCT
ijtc-714	64	9	the	the	DET
ijtc-714	64	10	growth	growth	NOUN
ijtc-714	64	11	of	of	ADP
ijtc-714	64	12	total	total	ADJ
ijtc-714	64	13	assets	asset	NOUN
ijtc-714	64	14	can	can	AUX
ijtc-714	64	15	lead	lead	VERB
ijtc-714	64	16	to	to	ADP
ijtc-714	64	17	increased	increase	VERB
ijtc-714	64	18	company	company	NOUN
ijtc-714	64	19	size	size	NOUN
ijtc-714	64	20	and	and	CCONJ
ijtc-714	64	21	activity	activity	NOUN
ijtc-714	64	22	in	in	ADP
ijtc-714	64	23	the	the	DET
ijtc-714	64	24	long	long	ADJ
ijtc-714	64	25	term	term	NOUN
ijtc-714	64	26	.	.	PUNCT
ijtc-714	65	1	a	a	DET
ijtc-714	65	2	higher	high	ADJ
ijtc-714	65	3	growth	growth	NOUN
ijtc-714	65	4	rate	rate	NOUN
ijtc-714	65	5	in	in	ADP
ijtc-714	65	6	a	a	DET
ijtc-714	65	7	company	company	NOUN
ijtc-714	65	8	's	's	PART
ijtc-714	65	9	total	total	ADJ
ijtc-714	65	10	assets	asset	NOUN
ijtc-714	65	11	indicates	indicate	VERB
ijtc-714	65	12	better	well	ADJ
ijtc-714	65	13	management	management	NOUN
ijtc-714	65	14	of	of	ADP
ijtc-714	65	15	fixed	fix	VERB
ijtc-714	65	16	assets	asset	NOUN
ijtc-714	65	17	and	and	CCONJ
ijtc-714	65	18	greater	great	ADJ
ijtc-714	65	19	potential	potential	NOUN
ijtc-714	65	20	for	for	ADP
ijtc-714	65	21	future	future	ADJ
ijtc-714	65	22	growth	growth	NOUN
ijtc-714	65	23	.	.	PUNCT
ijtc-714	66	1	consequently	consequently	ADV
ijtc-714	66	2	,	,	PUNCT
ijtc-714	66	3	the	the	DET
ijtc-714	66	4	chances	chance	NOUN
ijtc-714	66	5	of	of	ADP
ijtc-714	66	6	the	the	DET
ijtc-714	66	7	company	company	NOUN
ijtc-714	66	8	facing	face	VERB
ijtc-714	66	9	financial	financial	ADJ
ijtc-714	66	10	difficulties	difficulty	NOUN
ijtc-714	66	11	are	be	AUX
ijtc-714	66	12	reduced	reduce	VERB
ijtc-714	66	13	.	.	PUNCT
ijtc-714	67	1	(	(	PUNCT
ijtc-714	67	2	epato	epato	NOUN
ijtc-714	67	3	,	,	PUNCT
ijtc-714	67	4	2020	2020	NUM
ijtc-714	67	5	)	)	PUNCT
ijtc-714	67	6	shows	show	VERB
ijtc-714	67	7	that	that	SCONJ
ijtc-714	67	8	financial	financial	ADJ
ijtc-714	67	9	difficulties	difficulty	NOUN
ijtc-714	67	10	have	have	VERB
ijtc-714	67	11	a	a	DET
ijtc-714	67	12	negative	negative	ADJ
ijtc-714	67	13	impact	impact	NOUN
ijtc-714	67	14	on	on	ADP
ijtc-714	67	15	investment	investment	NOUN
ijtc-714	67	16	decisions	decision	NOUN
ijtc-714	67	17	.	.	PUNCT
ijtc-714	68	1	(	(	PUNCT
ijtc-714	68	2	almilia	almilia	PROPN
ijtc-714	68	3	&	&	CCONJ
ijtc-714	68	4	kristijadi	kristijadi	PROPN
ijtc-714	68	5	,	,	PUNCT
ijtc-714	68	6	2003	2003	NUM
ijtc-714	68	7	)	)	PUNCT
ijtc-714	68	8	,	,	PUNCT
ijtc-714	68	9	on	on	ADP
ijtc-714	68	10	the	the	DET
ijtc-714	68	11	other	other	ADJ
ijtc-714	68	12	hand	hand	NOUN
ijtc-714	68	13	,	,	PUNCT
ijtc-714	68	14	found	find	VERB
ijtc-714	68	15	that	that	SCONJ
ijtc-714	68	16	wealth	wealth	NOUN
ijtc-714	68	17	growth	growth	NOUN
ijtc-714	68	18	has	have	VERB
ijtc-714	68	19	a	a	DET
ijtc-714	68	20	significant	significant	ADJ
ijtc-714	68	21	negative	negative	ADJ
ijtc-714	68	22	impact	impact	NOUN
ijtc-714	68	23	on	on	ADP
ijtc-714	68	24	financial	financial	ADJ
ijtc-714	68	25	hardship	hardship	NOUN
ijtc-714	68	26	.	.	PUNCT
ijtc-714	69	1	because	because	SCONJ
ijtc-714	69	2	healthy	healthy	ADJ
ijtc-714	69	3	companies	company	NOUN
ijtc-714	69	4	tend	tend	VERB
ijtc-714	69	5	to	to	PART
ijtc-714	69	6	invest	invest	VERB
ijtc-714	69	7	effectively	effectively	ADV
ijtc-714	69	8	in	in	ADP
ijtc-714	69	9	real	real	ADJ
ijtc-714	69	10	and	and	CCONJ
ijtc-714	69	11	financial	financial	ADJ
ijtc-714	69	12	assets	asset	NOUN
ijtc-714	69	13	to	to	PART
ijtc-714	69	14	streamline	streamline	VERB
ijtc-714	69	15	their	their	PRON
ijtc-714	69	16	business	business	NOUN
ijtc-714	69	17	operations	operation	NOUN
ijtc-714	69	18	.	.	PUNCT
ijtc-714	70	1	based	base	VERB
ijtc-714	70	2	on	on	ADP
ijtc-714	70	3	this	this	DET
ijtc-714	70	4	evidence	evidence	NOUN
ijtc-714	70	5	,	,	PUNCT
ijtc-714	70	6	the	the	DET
ijtc-714	70	7	proposed	propose	VERB
ijtc-714	70	8	hypothesis	hypothesis	NOUN
ijtc-714	70	9	:	:	PUNCT
ijtc-714	70	10	h1	h1	NOUN
ijtc-714	70	11	:	:	PUNCT
ijtc-714	70	12	financial	financial	ADJ
ijtc-714	70	13	distress	distress	NOUN
ijtc-714	70	14	is	be	AUX
ijtc-714	70	15	negatively	negatively	ADV
ijtc-714	70	16	impacted	impact	VERB
ijtc-714	70	17	by	by	ADP
ijtc-714	70	18	investment	investment	NOUN
ijtc-714	70	19	choices	choice	NOUN
ijtc-714	70	20	effect	effect	NOUN
ijtc-714	70	21	of	of	ADP
ijtc-714	70	22	free	free	ADJ
ijtc-714	70	23	cash	cash	NOUN
ijtc-714	70	24	flow	flow	NOUN
ijtc-714	70	25	on	on	ADP
ijtc-714	70	26	financial	financial	ADJ
ijtc-714	70	27	distress	distress	NOUN
ijtc-714	70	28	free	free	ADJ
ijtc-714	70	29	cash	cash	NOUN
ijtc-714	70	30	flow	flow	NOUN
ijtc-714	70	31	is	be	AUX
ijtc-714	70	32	the	the	DET
ijtc-714	70	33	free	free	ADJ
ijtc-714	70	34	cash	cash	NOUN
ijtc-714	70	35	flow	flow	NOUN
ijtc-714	70	36	that	that	PRON
ijtc-714	70	37	a	a	DET
ijtc-714	70	38	company	company	NOUN
ijtc-714	70	39	has	have	VERB
ijtc-714	70	40	.	.	PUNCT
ijtc-714	71	1	a	a	DET
ijtc-714	71	2	company	company	NOUN
ijtc-714	71	3	in	in	ADP
ijtc-714	71	4	secure	secure	ADJ
ijtc-714	71	5	financial	financial	ADJ
ijtc-714	71	6	standing	standing	NOUN
ijtc-714	71	7	indicates	indicate	VERB
ijtc-714	71	8	that	that	SCONJ
ijtc-714	71	9	its	its	PRON
ijtc-714	71	10	free	free	ADJ
ijtc-714	71	11	cash	cash	NOUN
ijtc-714	71	12	flow	flow	NOUN
ijtc-714	71	13	can	can	AUX
ijtc-714	71	14	support	support	VERB
ijtc-714	71	15	the	the	DET
ijtc-714	71	16	investor	investor	NOUN
ijtc-714	71	17	's	's	PART
ijtc-714	71	18	cost	cost	NOUN
ijtc-714	71	19	of	of	ADP
ijtc-714	71	20	capital	capital	NOUN
ijtc-714	71	21	.	.	PUNCT
ijtc-714	72	1	of	of	ADP
ijtc-714	72	2	course	course	NOUN
ijtc-714	72	3	,	,	PUNCT
ijtc-714	72	4	this	this	PRON
ijtc-714	72	5	is	be	AUX
ijtc-714	72	6	a	a	DET
ijtc-714	72	7	positive	positive	ADJ
ijtc-714	72	8	signal	signal	NOUN
ijtc-714	72	9	for	for	ADP
ijtc-714	72	10	the	the	DET
ijtc-714	72	11	company	company	NOUN
ijtc-714	72	12	.	.	PUNCT
ijtc-714	73	1	if	if	SCONJ
ijtc-714	73	2	the	the	DET
ijtc-714	73	3	company	company	NOUN
ijtc-714	73	4	has	have	VERB
ijtc-714	73	5	good	good	ADJ
ijtc-714	73	6	free	free	ADJ
ijtc-714	73	7	cash	cash	NOUN
ijtc-714	73	8	flow	flow	NOUN
ijtc-714	73	9	,	,	PUNCT
ijtc-714	73	10	the	the	DET
ijtc-714	73	11	company	company	NOUN
ijtc-714	73	12	is	be	AUX
ijtc-714	73	13	not	not	PART
ijtc-714	73	14	in	in	ADP
ijtc-714	73	15	financial	financial	ADJ
ijtc-714	73	16	problems	problem	NOUN
ijtc-714	73	17	and	and	CCONJ
ijtc-714	73	18	the	the	DET
ijtc-714	73	19	company	company	NOUN
ijtc-714	73	20	can	can	AUX
ijtc-714	73	21	run	run	VERB
ijtc-714	73	22	smoothly	smoothly	ADV
ijtc-714	73	23	.	.	PUNCT
ijtc-714	74	1	according	accord	VERB
ijtc-714	74	2	to	to	ADP
ijtc-714	74	3	(	(	PUNCT
ijtc-714	74	4	diana	diana	PROPN
ijtc-714	74	5	&	&	CCONJ
ijtc-714	74	6	hutasoit	hutasoit	PROPN
ijtc-714	74	7	,	,	PUNCT
ijtc-714	74	8	2017	2017	NUM
ijtc-714	74	9	)	)	PUNCT
ijtc-714	74	10	,	,	PUNCT
ijtc-714	74	11	a	a	DET
ijtc-714	74	12	high	high	ADJ
ijtc-714	74	13	level	level	NOUN
ijtc-714	74	14	of	of	ADP
ijtc-714	74	15	free	free	ADJ
ijtc-714	74	16	cash	cash	NOUN
ijtc-714	74	17	signifies	signifie	NOUN
ijtc-714	74	18	that	that	SCONJ
ijtc-714	74	19	a	a	DET
ijtc-714	74	20	company	company	NOUN
ijtc-714	74	21	has	have	VERB
ijtc-714	74	22	significant	significant	ADJ
ijtc-714	74	23	internal	internal	ADJ
ijtc-714	74	24	cash	cash	NOUN
ijtc-714	74	25	reserves	reserve	NOUN
ijtc-714	74	26	,	,	PUNCT
ijtc-714	74	27	which	which	PRON
ijtc-714	74	28	improves	improve	VERB
ijtc-714	74	29	its	its	PRON
ijtc-714	74	30	capacity	capacity	NOUN
ijtc-714	74	31	to	to	PART
ijtc-714	74	32	meet	meet	VERB
ijtc-714	74	33	both	both	DET
ijtc-714	74	34	short	short	ADJ
ijtc-714	74	35	-	-	PUNCT
ijtc-714	74	36	term	term	NOUN
ijtc-714	74	37	and	and	CCONJ
ijtc-714	74	38	longterm	longterm	ADJ
ijtc-714	74	39	obligations	obligation	NOUN
ijtc-714	74	40	.	.	PUNCT
ijtc-714	75	1	this	this	PRON
ijtc-714	75	2	indicates	indicate	VERB
ijtc-714	75	3	strong	strong	ADJ
ijtc-714	75	4	performance	performance	NOUN
ijtc-714	75	5	,	,	PUNCT
ijtc-714	75	6	particularly	particularly	ADV
ijtc-714	75	7	during	during	ADP
ijtc-714	75	8	times	time	NOUN
ijtc-714	75	9	of	of	ADP
ijtc-714	75	10	financial	financial	ADJ
ijtc-714	75	11	difficulty	difficulty	NOUN
ijtc-714	75	12	.	.	PUNCT
ijtc-714	76	1	a	a	DET
ijtc-714	76	2	favorable	favorable	ADJ
ijtc-714	76	3	free	free	ADJ
ijtc-714	76	4	cash	cash	NOUN
ijtc-714	76	5	flow	flow	NOUN
ijtc-714	76	6	indicates	indicate	VERB
ijtc-714	76	7	a	a	DET
ijtc-714	76	8	positive	positive	ADJ
ijtc-714	76	9	operating	operate	VERB
ijtc-714	76	10	cash	cash	NOUN
ijtc-714	76	11	flow	flow	NOUN
ijtc-714	76	12	and	and	CCONJ
ijtc-714	76	13	negative	negative	ADJ
ijtc-714	76	14	investing	invest	VERB
ijtc-714	76	15	cash	cash	NOUN
ijtc-714	76	16	flow	flow	NOUN
ijtc-714	76	17	.	.	PUNCT
ijtc-714	77	1	however	however	ADV
ijtc-714	77	2	,	,	PUNCT
ijtc-714	77	3	if	if	SCONJ
ijtc-714	77	4	a	a	DET
ijtc-714	77	5	company	company	NOUN
ijtc-714	77	6	's	's	PART
ijtc-714	77	7	operating	operate	VERB
ijtc-714	77	8	cash	cash	NOUN
ijtc-714	77	9	flow	flow	NOUN
ijtc-714	77	10	is	be	AUX
ijtc-714	77	11	negative	negative	ADJ
ijtc-714	77	12	and	and	CCONJ
ijtc-714	77	13	its	its	PRON
ijtc-714	77	14	investing	invest	VERB
ijtc-714	77	15	cash	cash	NOUN
ijtc-714	77	16	flow	flow	NOUN
ijtc-714	77	17	is	be	AUX
ijtc-714	77	18	also	also	ADV
ijtc-714	77	19	negative	negative	ADJ
ijtc-714	77	20	,	,	PUNCT
ijtc-714	77	21	it	it	PRON
ijtc-714	77	22	suggests	suggest	VERB
ijtc-714	77	23	that	that	SCONJ
ijtc-714	77	24	the	the	DET
ijtc-714	77	25	company	company	NOUN
ijtc-714	77	26	is	be	AUX
ijtc-714	77	27	making	make	VERB
ijtc-714	77	28	additional	additional	ADJ
ijtc-714	77	29	investments	investment	NOUN
ijtc-714	77	30	that	that	PRON
ijtc-714	77	31	are	be	AUX
ijtc-714	77	32	funded	fund	VERB
ijtc-714	77	33	by	by	ADP
ijtc-714	77	34	debt	debt	NOUN
ijtc-714	77	35	.	.	PUNCT
ijtc-714	78	1	this	this	PRON
ijtc-714	78	2	could	could	AUX
ijtc-714	78	3	result	result	VERB
ijtc-714	78	4	in	in	ADP
ijtc-714	78	5	financial	financial	ADJ
ijtc-714	78	6	difficulties	difficulty	NOUN
ijtc-714	78	7	for	for	ADP
ijtc-714	78	8	the	the	DET
ijtc-714	78	9	company	company	NOUN
ijtc-714	78	10	in	in	ADP
ijtc-714	78	11	the	the	DET
ijtc-714	78	12	future	future	NOUN
ijtc-714	78	13	.	.	PUNCT
ijtc-714	79	1	https://www.ilomata.org/index.php/ijtc	https://www.ilomata.org/index.php/ijtc	ADJ
ijtc-714	79	2	effect	effect	NOUN
ijtc-714	79	3	of	of	ADP
ijtc-714	79	4	investment	investment	NOUN
ijtc-714	79	5	,	,	PUNCT
ijtc-714	79	6	free	free	ADJ
ijtc-714	79	7	cash	cash	NOUN
ijtc-714	79	8	flow	flow	NOUN
ijtc-714	79	9	,	,	PUNCT
ijtc-714	79	10	earnings	earning	NOUN
ijtc-714	79	11	management	management	NOUN
ijtc-714	79	12	,	,	PUNCT
ijtc-714	79	13	interest	interest	NOUN
ijtc-714	79	14	coverage	coverage	NOUN
ijtc-714	79	15	ratio	ratio	NOUN
ijtc-714	79	16	,	,	PUNCT
ijtc-714	79	17	liquidity	liquidity	NOUN
ijtc-714	79	18	,	,	PUNCT
ijtc-714	79	19	and	and	CCONJ
ijtc-714	79	20	leverage	leverage	NOUN
ijtc-714	79	21	on	on	ADP
ijtc-714	79	22	financial	financial	ADJ
ijtc-714	79	23	distress	distress	NOUN
ijtc-714	79	24	suranta	suranta	NOUN
ijtc-714	79	25	,	,	PUNCT
ijtc-714	79	26	satrio	satrio	PROPN
ijtc-714	79	27	,	,	PUNCT
ijtc-714	79	28	and	and	CCONJ
ijtc-714	79	29	midiastuty	midiastuty	VERB
ijtc-714	79	30	286	286	NUM
ijtc-714	79	31	|	|	NOUN
ijtc-714	79	32	ilomata	ilomata	NOUN
ijtc-714	79	33	international	international	ADJ
ijtc-714	79	34	journal	journal	NOUN
ijtc-714	79	35	of	of	ADP
ijtc-714	79	36	tax	tax	PROPN
ijtc-714	79	37	&	&	CCONJ
ijtc-714	79	38	accounting	accounting	PROPN
ijtc-714	79	39	https://www.ilomata.org/index.php/ijtc	https://www.ilomata.org/index.php/ijtc	PROPN
ijtc-714	79	40	(	(	PUNCT
ijtc-714	79	41	setiany	setiany	ADJ
ijtc-714	79	42	,	,	PUNCT
ijtc-714	79	43	2021	2021	NUM
ijtc-714	79	44	)	)	PUNCT
ijtc-714	79	45	proves	prove	VERB
ijtc-714	79	46	that	that	SCONJ
ijtc-714	79	47	free	free	ADJ
ijtc-714	79	48	cash	cash	NOUN
ijtc-714	79	49	flow	flow	NOUN
ijtc-714	79	50	has	have	VERB
ijtc-714	79	51	significant	significant	ADJ
ijtc-714	79	52	positive	positive	ADJ
ijtc-714	79	53	influence	influence	NOUN
ijtc-714	79	54	facing	face	VERB
ijtc-714	79	55	healthy	healthy	ADJ
ijtc-714	79	56	companies	company	NOUN
ijtc-714	79	57	.	.	PUNCT
ijtc-714	80	1	conversely	conversely	ADV
ijtc-714	80	2	,	,	PUNCT
ijtc-714	80	3	firms	firm	NOUN
ijtc-714	80	4	that	that	PRON
ijtc-714	80	5	have	have	VERB
ijtc-714	80	6	free	free	ADJ
ijtc-714	80	7	cash	cash	NOUN
ijtc-714	80	8	flow	flow	NOUN
ijtc-714	80	9	in	in	ADP
ijtc-714	80	10	firms	firm	NOUN
ijtc-714	80	11	experiencing	experience	VERB
ijtc-714	80	12	financial	financial	ADJ
ijtc-714	80	13	distress	distress	NOUN
ijtc-714	80	14	will	will	AUX
ijtc-714	80	15	focus	focus	VERB
ijtc-714	80	16	more	more	ADV
ijtc-714	80	17	on	on	ADP
ijtc-714	80	18	solving	solve	VERB
ijtc-714	80	19	financial	financial	ADJ
ijtc-714	80	20	problems	problem	NOUN
ijtc-714	80	21	such	such	ADJ
ijtc-714	80	22	as	as	ADP
ijtc-714	80	23	paying	pay	VERB
ijtc-714	80	24	debts	debt	NOUN
ijtc-714	80	25	that	that	PRON
ijtc-714	80	26	are	be	AUX
ijtc-714	80	27	due	due	ADJ
ijtc-714	80	28	and	and	CCONJ
ijtc-714	80	29	not	not	PART
ijtc-714	80	30	using	use	VERB
ijtc-714	80	31	this	this	DET
ijtc-714	80	32	free	free	ADJ
ijtc-714	80	33	cash	cash	NOUN
ijtc-714	80	34	flow	flow	NOUN
ijtc-714	80	35	to	to	PART
ijtc-714	80	36	pay	pay	VERB
ijtc-714	80	37	dividends	dividend	NOUN
ijtc-714	80	38	or	or	CCONJ
ijtc-714	80	39	make	make	VERB
ijtc-714	80	40	investments	investment	NOUN
ijtc-714	80	41	.	.	PUNCT
ijtc-714	81	1	even	even	ADV
ijtc-714	81	2	if	if	SCONJ
ijtc-714	81	3	the	the	DET
ijtc-714	81	4	operating	operate	VERB
ijtc-714	81	5	cash	cash	NOUN
ijtc-714	81	6	flow	flow	NOUN
ijtc-714	81	7	is	be	AUX
ijtc-714	81	8	negative	negative	ADJ
ijtc-714	81	9	,	,	PUNCT
ijtc-714	81	10	this	this	PRON
ijtc-714	81	11	allows	allow	VERB
ijtc-714	81	12	the	the	DET
ijtc-714	81	13	company	company	NOUN
ijtc-714	81	14	to	to	PART
ijtc-714	81	15	borrow	borrow	VERB
ijtc-714	81	16	additional	additional	ADJ
ijtc-714	81	17	capital	capital	NOUN
ijtc-714	81	18	from	from	ADP
ijtc-714	81	19	outside	outside	ADV
ijtc-714	81	20	.	.	PUNCT
ijtc-714	82	1	if	if	SCONJ
ijtc-714	82	2	this	this	DET
ijtc-714	82	3	situation	situation	NOUN
ijtc-714	82	4	continues	continue	VERB
ijtc-714	82	5	,	,	PUNCT
ijtc-714	82	6	the	the	DET
ijtc-714	82	7	debt	debt	NOUN
ijtc-714	82	8	will	will	AUX
ijtc-714	82	9	continue	continue	VERB
ijtc-714	82	10	to	to	PART
ijtc-714	82	11	grow	grow	VERB
ijtc-714	82	12	,	,	PUNCT
ijtc-714	82	13	interest	interest	NOUN
ijtc-714	82	14	payments	payment	NOUN
ijtc-714	82	15	will	will	AUX
ijtc-714	82	16	increase	increase	VERB
ijtc-714	82	17	,	,	PUNCT
ijtc-714	82	18	and	and	CCONJ
ijtc-714	82	19	the	the	DET
ijtc-714	82	20	company	company	NOUN
ijtc-714	82	21	will	will	AUX
ijtc-714	82	22	continue	continue	VERB
ijtc-714	82	23	to	to	PART
ijtc-714	82	24	face	face	VERB
ijtc-714	82	25	financial	financial	ADJ
ijtc-714	82	26	difficulties	difficulty	NOUN
ijtc-714	82	27	in	in	ADP
ijtc-714	82	28	the	the	DET
ijtc-714	82	29	future	future	NOUN
ijtc-714	82	30	.	.	PUNCT
ijtc-714	83	1	based	base	VERB
ijtc-714	83	2	on	on	ADP
ijtc-714	83	3	this	this	DET
ijtc-714	83	4	explanation	explanation	NOUN
ijtc-714	83	5	,	,	PUNCT
ijtc-714	83	6	the	the	DET
ijtc-714	83	7	proposed	propose	VERB
ijtc-714	83	8	hypothesis	hypothesis	NOUN
ijtc-714	83	9	:	:	PUNCT
ijtc-714	83	10	h2	h2	NOUN
ijtc-714	83	11	:	:	PUNCT
ijtc-714	83	12	financial	financial	ADJ
ijtc-714	83	13	distress	distress	NOUN
ijtc-714	83	14	is	be	AUX
ijtc-714	83	15	negatively	negatively	ADV
ijtc-714	83	16	impacted	impact	VERB
ijtc-714	83	17	by	by	ADP
ijtc-714	83	18	free	free	ADJ
ijtc-714	83	19	cash	cash	NOUN
ijtc-714	83	20	flow	flow	NOUN
ijtc-714	83	21	effect	effect	NOUN
ijtc-714	83	22	of	of	ADP
ijtc-714	83	23	earnings	earning	NOUN
ijtc-714	83	24	management	management	NOUN
ijtc-714	83	25	on	on	ADP
ijtc-714	83	26	financial	financial	ADJ
ijtc-714	83	27	distress	distress	NOUN
ijtc-714	83	28	earnings	earning	NOUN
ijtc-714	83	29	management	management	NOUN
ijtc-714	83	30	is	be	AUX
ijtc-714	83	31	management	management	NOUN
ijtc-714	83	32	's	's	PART
ijtc-714	83	33	pursuit	pursuit	NOUN
ijtc-714	83	34	to	to	PART
ijtc-714	83	35	manipulate	manipulate	VERB
ijtc-714	83	36	earnings	earning	NOUN
ijtc-714	83	37	by	by	ADP
ijtc-714	83	38	making	make	VERB
ijtc-714	83	39	financial	financial	ADJ
ijtc-714	83	40	reports	report	NOUN
ijtc-714	83	41	attractive	attractive	ADJ
ijtc-714	83	42	to	to	ADP
ijtc-714	83	43	investors	investor	NOUN
ijtc-714	83	44	and	and	CCONJ
ijtc-714	83	45	other	other	ADJ
ijtc-714	83	46	users	user	NOUN
ijtc-714	83	47	of	of	ADP
ijtc-714	83	48	financial	financial	ADJ
ijtc-714	83	49	reports	report	NOUN
ijtc-714	83	50	.	.	PUNCT
ijtc-714	84	1	cause	cause	VERB
ijtc-714	84	2	this	this	DET
ijtc-714	84	3	case	case	NOUN
ijtc-714	84	4	,	,	PUNCT
ijtc-714	84	5	of	of	ADP
ijtc-714	84	6	course	course	NOUN
ijtc-714	84	7	,	,	PUNCT
ijtc-714	84	8	this	this	PRON
ijtc-714	84	9	is	be	AUX
ijtc-714	84	10	a	a	DET
ijtc-714	84	11	sign	sign	NOUN
ijtc-714	84	12	or	or	CCONJ
ijtc-714	84	13	signal	signal	VERB
ijtc-714	84	14	that	that	SCONJ
ijtc-714	84	15	the	the	DET
ijtc-714	84	16	company	company	NOUN
ijtc-714	84	17	is	be	AUX
ijtc-714	84	18	in	in	ADP
ijtc-714	84	19	financial	financial	ADJ
ijtc-714	84	20	trouble	trouble	NOUN
ijtc-714	84	21	,	,	PUNCT
ijtc-714	84	22	so	so	SCONJ
ijtc-714	84	23	management	management	NOUN
ijtc-714	84	24	should	should	AUX
ijtc-714	84	25	ensure	ensure	VERB
ijtc-714	84	26	that	that	SCONJ
ijtc-714	84	27	the	the	DET
ijtc-714	84	28	earnings	earning	NOUN
ijtc-714	84	29	reported	report	VERB
ijtc-714	84	30	in	in	ADP
ijtc-714	84	31	the	the	DET
ijtc-714	84	32	financial	financial	ADJ
ijtc-714	84	33	statements	statement	NOUN
ijtc-714	84	34	are	be	AUX
ijtc-714	84	35	consistent	consistent	ADJ
ijtc-714	84	36	with	with	ADP
ijtc-714	84	37	the	the	DET
ijtc-714	84	38	wishes	wish	NOUN
ijtc-714	84	39	of	of	ADP
ijtc-714	84	40	stakeholders	stakeholder	NOUN
ijtc-714	84	41	.	.	PUNCT
ijtc-714	85	1	is	be	AUX
ijtc-714	85	2	required	require	VERB
ijtc-714	85	3	.	.	PUNCT
ijtc-714	86	1	take	take	VERB
ijtc-714	86	2	steps	step	NOUN
ijtc-714	86	3	to	to	PART
ijtc-714	86	4	control	control	VERB
ijtc-714	86	5	another	another	DET
ijtc-714	86	6	thing	thing	NOUN
ijtc-714	86	7	is	be	AUX
ijtc-714	86	8	agency	agency	NOUN
ijtc-714	86	9	competition	competition	NOUN
ijtc-714	86	10	due	due	ADP
ijtc-714	86	11	to	to	ADP
ijtc-714	86	12	information	information	NOUN
ijtc-714	86	13	asymmetry	asymmetry	NOUN
ijtc-714	86	14	.	.	PUNCT
ijtc-714	87	1	in	in	ADP
ijtc-714	87	2	this	this	DET
ijtc-714	87	3	case	case	NOUN
ijtc-714	87	4	,	,	PUNCT
ijtc-714	87	5	the	the	DET
ijtc-714	87	6	manager	manager	NOUN
ijtc-714	87	7	has	have	VERB
ijtc-714	87	8	more	more	ADJ
ijtc-714	87	9	information	information	NOUN
ijtc-714	87	10	than	than	ADP
ijtc-714	87	11	the	the	DET
ijtc-714	87	12	principal	principal	NOUN
ijtc-714	87	13	,	,	PUNCT
ijtc-714	87	14	and	and	CCONJ
ijtc-714	87	15	the	the	DET
ijtc-714	87	16	company	company	NOUN
ijtc-714	87	17	confuses	confuse	VERB
ijtc-714	87	18	earnings	earning	NOUN
ijtc-714	87	19	management	management	NOUN
ijtc-714	87	20	.	.	PUNCT
ijtc-714	88	1	the	the	DET
ijtc-714	88	2	motive	motive	NOUN
ijtc-714	88	3	for	for	ADP
ijtc-714	88	4	revenue	revenue	NOUN
ijtc-714	88	5	management	management	NOUN
ijtc-714	88	6	when	when	SCONJ
ijtc-714	88	7	the	the	DET
ijtc-714	88	8	company	company	NOUN
ijtc-714	88	9	is	be	AUX
ijtc-714	88	10	in	in	ADP
ijtc-714	88	11	financial	financial	ADJ
ijtc-714	88	12	problems	problem	NOUN
ijtc-714	88	13	is	be	AUX
ijtc-714	88	14	the	the	DET
ijtc-714	88	15	motive	motive	NOUN
ijtc-714	88	16	for	for	ADP
ijtc-714	88	17	the	the	DET
ijtc-714	88	18	debt	debt	NOUN
ijtc-714	88	19	agreement	agreement	NOUN
ijtc-714	88	20	.	.	PUNCT
ijtc-714	89	1	(	(	PUNCT
ijtc-714	89	2	nikolaiev	nikolaiev	ADV
ijtc-714	89	3	et	et	PROPN
ijtc-714	89	4	al	al	PROPN
ijtc-714	89	5	.	.	PROPN
ijtc-714	89	6	,	,	PUNCT
ijtc-714	89	7	2021	2021	NUM
ijtc-714	89	8	)	)	PUNCT
ijtc-714	89	9	explains	explain	VERB
ijtc-714	89	10	that	that	SCONJ
ijtc-714	89	11	debt	debt	NOUN
ijtc-714	89	12	agreements	agreement	NOUN
ijtc-714	89	13	greatly	greatly	ADV
ijtc-714	89	14	affect	affect	VERB
ijtc-714	89	15	the	the	DET
ijtc-714	89	16	state	state	NOUN
ijtc-714	89	17	of	of	ADP
ijtc-714	89	18	a	a	DET
ijtc-714	89	19	company	company	NOUN
ijtc-714	89	20	.	.	PUNCT
ijtc-714	90	1	losing	lose	VERB
ijtc-714	90	2	companies	company	NOUN
ijtc-714	90	3	do	do	VERB
ijtc-714	90	4	revenue	revenue	NOUN
ijtc-714	90	5	management	management	NOUN
ijtc-714	90	6	in	in	ADP
ijtc-714	90	7	their	their	PRON
ijtc-714	90	8	financial	financial	ADJ
ijtc-714	90	9	statements	statement	NOUN
ijtc-714	90	10	so	so	SCONJ
ijtc-714	90	11	as	as	SCONJ
ijtc-714	90	12	not	not	PART
ijtc-714	90	13	to	to	PART
ijtc-714	90	14	violate	violate	VERB
ijtc-714	90	15	contractual	contractual	ADJ
ijtc-714	90	16	financial	financial	ADJ
ijtc-714	90	17	metrics	metric	NOUN
ijtc-714	90	18	.	.	PUNCT
ijtc-714	91	1	the	the	DET
ijtc-714	91	2	motivation	motivation	NOUN
ijtc-714	91	3	comes	come	VERB
ijtc-714	91	4	from	from	ADP
ijtc-714	91	5	companies	company	NOUN
ijtc-714	91	6	struggling	struggle	VERB
ijtc-714	91	7	financially	financially	ADV
ijtc-714	91	8	to	to	PART
ijtc-714	91	9	not	not	PART
ijtc-714	91	10	cancel	cancel	VERB
ijtc-714	91	11	debt	debt	NOUN
ijtc-714	91	12	agreements	agreement	NOUN
ijtc-714	91	13	with	with	ADP
ijtc-714	91	14	creditors	creditor	NOUN
ijtc-714	91	15	.	.	PUNCT
ijtc-714	92	1	therefore	therefore	ADV
ijtc-714	92	2	,	,	PUNCT
ijtc-714	92	3	financially	financially	ADV
ijtc-714	92	4	challenged	challenge	VERB
ijtc-714	92	5	companies	company	NOUN
ijtc-714	92	6	tend	tend	VERB
ijtc-714	92	7	to	to	PART
ijtc-714	92	8	manage	manage	VERB
ijtc-714	92	9	earnings	earning	NOUN
ijtc-714	92	10	through	through	ADP
ijtc-714	92	11	an	an	DET
ijtc-714	92	12	accrual	accrual	ADJ
ijtc-714	92	13	basis	basis	NOUN
ijtc-714	92	14	in	in	ADP
ijtc-714	92	15	the	the	DET
ijtc-714	92	16	accounting	accounting	NOUN
ijtc-714	92	17	policies	policy	NOUN
ijtc-714	92	18	used	use	VERB
ijtc-714	92	19	to	to	PART
ijtc-714	92	20	avoid	avoid	VERB
ijtc-714	92	21	covenant	covenant	ADJ
ijtc-714	92	22	violations	violation	NOUN
ijtc-714	92	23	.	.	PUNCT
ijtc-714	93	1	(	(	PUNCT
ijtc-714	93	2	bisogno	bisogno	PROPN
ijtc-714	93	3	&	&	CCONJ
ijtc-714	93	4	luca	luca	PROPN
ijtc-714	93	5	,	,	PUNCT
ijtc-714	93	6	2015	2015	NUM
ijtc-714	93	7	)	)	PUNCT
ijtc-714	93	8	found	find	VERB
ijtc-714	93	9	that	that	SCONJ
ijtc-714	93	10	boards	board	NOUN
ijtc-714	93	11	must	must	AUX
ijtc-714	93	12	enhance	enhance	VERB
ijtc-714	93	13	financial	financial	ADJ
ijtc-714	93	14	statements	statement	NOUN
ijtc-714	93	15	as	as	ADP
ijtc-714	93	16	agents	agent	NOUN
ijtc-714	93	17	,	,	PUNCT
ijtc-714	93	18	so	so	SCONJ
ijtc-714	93	19	companies	company	NOUN
ijtc-714	93	20	in	in	ADP
ijtc-714	93	21	severe	severe	ADJ
ijtc-714	93	22	financial	financial	ADJ
ijtc-714	93	23	distress	distress	NOUN
ijtc-714	93	24	must	must	AUX
ijtc-714	93	25	take	take	VERB
ijtc-714	93	26	out	out	ADP
ijtc-714	93	27	loans	loan	NOUN
ijtc-714	93	28	to	to	PART
ijtc-714	93	29	finance	finance	VERB
ijtc-714	93	30	the	the	DET
ijtc-714	93	31	company	company	NOUN
ijtc-714	93	32	operations	operation	NOUN
ijtc-714	93	33	.	.	PUNCT
ijtc-714	94	1	indicates	indicate	VERB
ijtc-714	94	2	what	what	PRON
ijtc-714	94	3	it	it	PRON
ijtc-714	94	4	means	mean	VERB
ijtc-714	94	5	.	.	PUNCT
ijtc-714	95	1	this	this	PRON
ijtc-714	95	2	allows	allow	VERB
ijtc-714	95	3	creditors	creditor	NOUN
ijtc-714	95	4	to	to	PART
ijtc-714	95	5	confidently	confidently	ADV
ijtc-714	95	6	extend	extend	VERB
ijtc-714	95	7	credit	credit	NOUN
ijtc-714	95	8	to	to	ADP
ijtc-714	95	9	the	the	DET
ijtc-714	95	10	company	company	NOUN
ijtc-714	95	11	and	and	CCONJ
ijtc-714	95	12	revenue	revenue	NOUN
ijtc-714	95	13	management	management	NOUN
ijtc-714	95	14	positively	positively	ADV
ijtc-714	95	15	impacts	impact	VERB
ijtc-714	95	16	financial	financial	ADJ
ijtc-714	95	17	emergencies	emergency	NOUN
ijtc-714	95	18	.	.	PUNCT
ijtc-714	96	1	based	base	VERB
ijtc-714	96	2	on	on	ADP
ijtc-714	96	3	this	this	DET
ijtc-714	96	4	explanation	explanation	NOUN
ijtc-714	96	5	,	,	PUNCT
ijtc-714	96	6	the	the	DET
ijtc-714	96	7	proposed	propose	VERB
ijtc-714	96	8	hypothesis	hypothesis	NOUN
ijtc-714	96	9	:	:	PUNCT
ijtc-714	96	10	h3	h3	NOUN
ijtc-714	96	11	:	:	PUNCT
ijtc-714	96	12	financial	financial	ADJ
ijtc-714	96	13	distress	distress	NOUN
ijtc-714	96	14	is	be	AUX
ijtc-714	96	15	positively	positively	ADV
ijtc-714	96	16	impacted	impact	VERB
ijtc-714	96	17	by	by	ADP
ijtc-714	96	18	earnings	earning	NOUN
ijtc-714	96	19	management	management	NOUN
ijtc-714	96	20	effect	effect	NOUN
ijtc-714	96	21	of	of	ADP
ijtc-714	96	22	interest	interest	NOUN
ijtc-714	96	23	coverage	coverage	NOUN
ijtc-714	96	24	ratio	ratio	NOUN
ijtc-714	96	25	on	on	ADP
ijtc-714	96	26	financial	financial	ADJ
ijtc-714	96	27	distress	distress	NOUN
ijtc-714	97	1	the	the	DET
ijtc-714	97	2	interest	interest	NOUN
ijtc-714	97	3	coverage	coverage	NOUN
ijtc-714	97	4	ratio	ratio	NOUN
ijtc-714	97	5	(	(	PUNCT
ijtc-714	97	6	icr	icr	PROPN
ijtc-714	97	7	)	)	PUNCT
ijtc-714	97	8	is	be	AUX
ijtc-714	97	9	a	a	DET
ijtc-714	97	10	metric	metric	NOUN
ijtc-714	97	11	that	that	PRON
ijtc-714	97	12	assesses	assess	VERB
ijtc-714	97	13	a	a	DET
ijtc-714	97	14	company	company	NOUN
ijtc-714	97	15	's	's	PART
ijtc-714	97	16	capacity	capacity	NOUN
ijtc-714	97	17	to	to	PART
ijtc-714	97	18	pay	pay	VERB
ijtc-714	97	19	short	short	ADJ
ijtc-714	97	20	-	-	PUNCT
ijtc-714	97	21	term	term	NOUN
ijtc-714	97	22	and	and	CCONJ
ijtc-714	97	23	long	long	ADJ
ijtc-714	97	24	-	-	PUNCT
ijtc-714	97	25	term	term	NOUN
ijtc-714	97	26	interest	interest	NOUN
ijtc-714	97	27	-	-	PUNCT
ijtc-714	97	28	bearing	bear	VERB
ijtc-714	97	29	debt	debt	NOUN
ijtc-714	97	30	through	through	ADP
ijtc-714	97	31	the	the	DET
ijtc-714	97	32	pre	pre	ADJ
ijtc-714	97	33	-	-	ADJ
ijtc-714	97	34	tax	tax	ADJ
ijtc-714	97	35	income	income	NOUN
ijtc-714	97	36	it	it	PRON
ijtc-714	97	37	generates	generate	VERB
ijtc-714	97	38	.	.	PUNCT
ijtc-714	98	1	(	(	PUNCT
ijtc-714	98	2	setiany	setiany	NOUN
ijtc-714	98	3	,	,	PUNCT
ijtc-714	98	4	2021	2021	NUM
ijtc-714	98	5	)	)	PUNCT
ijtc-714	98	6	has	have	AUX
ijtc-714	98	7	demonstrated	demonstrate	VERB
ijtc-714	98	8	that	that	SCONJ
ijtc-714	98	9	the	the	DET
ijtc-714	98	10	icr	icr	PROPN
ijtc-714	98	11	has	have	VERB
ijtc-714	98	12	a	a	DET
ijtc-714	98	13	noteworthy	noteworthy	ADJ
ijtc-714	98	14	and	and	CCONJ
ijtc-714	98	15	favorable	favorable	ADJ
ijtc-714	98	16	influence	influence	NOUN
ijtc-714	98	17	on	on	ADP
ijtc-714	98	18	financial	financial	ADJ
ijtc-714	98	19	distress	distress	NOUN
ijtc-714	98	20	,	,	PUNCT
ijtc-714	98	21	which	which	PRON
ijtc-714	98	22	implies	imply	VERB
ijtc-714	98	23	that	that	SCONJ
ijtc-714	98	24	a	a	DET
ijtc-714	98	25	low	low	ADJ
ijtc-714	98	26	icr	icr	PROPN
ijtc-714	98	27	ratio	ratio	NOUN
ijtc-714	98	28	is	be	AUX
ijtc-714	98	29	an	an	DET
ijtc-714	98	30	indication	indication	NOUN
ijtc-714	98	31	of	of	ADP
ijtc-714	98	32	negative	negative	ADJ
ijtc-714	98	33	impact	impact	NOUN
ijtc-714	98	34	.	.	PUNCT
ijtc-714	99	1	a	a	DET
ijtc-714	99	2	higher	high	ADJ
ijtc-714	99	3	icr	icr	PROPN
ijtc-714	99	4	ratio	ratio	NOUN
ijtc-714	99	5	suggests	suggest	VERB
ijtc-714	99	6	that	that	SCONJ
ijtc-714	99	7	the	the	DET
ijtc-714	99	8	company	company	NOUN
ijtc-714	99	9	can	can	AUX
ijtc-714	99	10	more	more	ADV
ijtc-714	99	11	effectively	effectively	ADV
ijtc-714	99	12	pay	pay	VERB
ijtc-714	99	13	off	off	ADP
ijtc-714	99	14	the	the	DET
ijtc-714	99	15	interest	interest	NOUN
ijtc-714	99	16	on	on	ADP
ijtc-714	99	17	its	its	PRON
ijtc-714	99	18	debt	debt	NOUN
ijtc-714	99	19	.	.	PUNCT
ijtc-714	100	1	in	in	ADP
ijtc-714	100	2	contrast	contrast	NOUN
ijtc-714	100	3	,	,	PUNCT
ijtc-714	100	4	a	a	DET
ijtc-714	100	5	low	low	ADJ
ijtc-714	100	6	or	or	CCONJ
ijtc-714	100	7	negative	negative	ADJ
ijtc-714	100	8	icr	icr	PROPN
ijtc-714	100	9	ratio	ratio	NOUN
ijtc-714	100	10	implies	imply	VERB
ijtc-714	100	11	that	that	SCONJ
ijtc-714	100	12	the	the	DET
ijtc-714	100	13	company	company	NOUN
ijtc-714	100	14	is	be	AUX
ijtc-714	100	15	experiencing	experience	VERB
ijtc-714	100	16	financial	financial	ADJ
ijtc-714	100	17	distress	distress	NOUN
ijtc-714	100	18	.	.	PUNCT
ijtc-714	101	1	based	base	VERB
ijtc-714	101	2	on	on	ADP
ijtc-714	101	3	this	this	DET
ijtc-714	101	4	explanation	explanation	NOUN
ijtc-714	101	5	,	,	PUNCT
ijtc-714	101	6	the	the	DET
ijtc-714	101	7	proposed	propose	VERB
ijtc-714	101	8	hypothesis	hypothesis	NOUN
ijtc-714	101	9	:	:	PUNCT
ijtc-714	101	10	h4	h4	NOUN
ijtc-714	101	11	:	:	PUNCT
ijtc-714	101	12	financial	financial	ADJ
ijtc-714	101	13	distress	distress	NOUN
ijtc-714	101	14	is	be	AUX
ijtc-714	101	15	negatively	negatively	ADV
ijtc-714	101	16	impacted	impact	VERB
ijtc-714	101	17	by	by	ADP
ijtc-714	101	18	interest	interest	NOUN
ijtc-714	101	19	coverage	coverage	NOUN
ijtc-714	101	20	ratio	ratio	NOUN
ijtc-714	101	21	effect	effect	NOUN
ijtc-714	101	22	of	of	ADP
ijtc-714	101	23	liquidity	liquidity	NOUN
ijtc-714	101	24	on	on	ADP
ijtc-714	101	25	financial	financial	ADJ
ijtc-714	101	26	distress	distress	NOUN
ijtc-714	101	27	liquidity	liquidity	NOUN
ijtc-714	101	28	is	be	AUX
ijtc-714	101	29	a	a	DET
ijtc-714	101	30	measure	measure	NOUN
ijtc-714	101	31	of	of	ADP
ijtc-714	101	32	a	a	DET
ijtc-714	101	33	firm	firm	NOUN
ijtc-714	101	34	's	's	PART
ijtc-714	101	35	ability	ability	NOUN
ijtc-714	101	36	to	to	PART
ijtc-714	101	37	source	source	VERB
ijtc-714	101	38	its	its	PRON
ijtc-714	101	39	operations	operation	NOUN
ijtc-714	101	40	and	and	CCONJ
ijtc-714	101	41	pay	pay	VERB
ijtc-714	101	42	its	its	PRON
ijtc-714	101	43	current	current	ADJ
ijtc-714	101	44	liabilities	liability	NOUN
ijtc-714	101	45	.	.	PUNCT
ijtc-714	102	1	this	this	DET
ijtc-714	102	2	signals	signal	NOUN
ijtc-714	102	3	when	when	SCONJ
ijtc-714	102	4	the	the	DET
ijtc-714	102	5	company	company	NOUN
ijtc-714	102	6	can	can	AUX
ijtc-714	102	7	cash	cash	VERB
ijtc-714	102	8	out	out	ADP
ijtc-714	102	9	and	and	CCONJ
ijtc-714	102	10	raise	raise	VERB
ijtc-714	102	11	funds	fund	NOUN
ijtc-714	102	12	from	from	ADP
ijtc-714	102	13	working	work	VERB
ijtc-714	102	14	capital	capital	NOUN
ijtc-714	102	15	,	,	PUNCT
ijtc-714	102	16	the	the	DET
ijtc-714	102	17	company	company	NOUN
ijtc-714	102	18	is	be	AUX
ijtc-714	102	19	in	in	ADP
ijtc-714	102	20	a	a	DET
ijtc-714	102	21	healthy	healthy	ADJ
ijtc-714	102	22	financial	financial	ADJ
ijtc-714	102	23	position	position	NOUN
ijtc-714	102	24	,	,	PUNCT
ijtc-714	102	25	and	and	CCONJ
ijtc-714	102	26	conversely	conversely	ADV
ijtc-714	102	27	,	,	PUNCT
ijtc-714	102	28	when	when	SCONJ
ijtc-714	102	29	the	the	DET
ijtc-714	102	30	company	company	NOUN
ijtc-714	102	31	is	be	AUX
ijtc-714	102	32	unable	unable	ADJ
ijtc-714	102	33	to	to	PART
ijtc-714	102	34	fund	fund	VERB
ijtc-714	102	35	its	its	PRON
ijtc-714	102	36	operations	operation	NOUN
ijtc-714	102	37	and	and	CCONJ
ijtc-714	102	38	https://www.ilomata.org/index.php/ijtc	https://www.ilomata.org/index.php/ijtc	ADJ
ijtc-714	102	39	effect	effect	NOUN
ijtc-714	102	40	of	of	ADP
ijtc-714	102	41	investment	investment	NOUN
ijtc-714	102	42	,	,	PUNCT
ijtc-714	102	43	free	free	ADJ
ijtc-714	102	44	cash	cash	NOUN
ijtc-714	102	45	flow	flow	NOUN
ijtc-714	102	46	,	,	PUNCT
ijtc-714	102	47	earnings	earning	NOUN
ijtc-714	102	48	management	management	NOUN
ijtc-714	102	49	,	,	PUNCT
ijtc-714	102	50	interest	interest	NOUN
ijtc-714	102	51	coverage	coverage	NOUN
ijtc-714	102	52	ratio	ratio	NOUN
ijtc-714	102	53	,	,	PUNCT
ijtc-714	102	54	liquidity	liquidity	NOUN
ijtc-714	102	55	,	,	PUNCT
ijtc-714	102	56	and	and	CCONJ
ijtc-714	102	57	leverage	leverage	NOUN
ijtc-714	102	58	on	on	ADP
ijtc-714	102	59	financial	financial	ADJ
ijtc-714	102	60	distress	distress	NOUN
ijtc-714	102	61	suranta	suranta	NOUN
ijtc-714	102	62	,	,	PUNCT
ijtc-714	102	63	satrio	satrio	PROPN
ijtc-714	102	64	,	,	PUNCT
ijtc-714	102	65	and	and	CCONJ
ijtc-714	102	66	midiastuty	midiastuty	VERB
ijtc-714	102	67	287	287	NUM
ijtc-714	102	68	|	|	ADV
ijtc-714	102	69	ilomata	ilomata	PROPN
ijtc-714	102	70	international	international	ADJ
ijtc-714	102	71	journal	journal	NOUN
ijtc-714	102	72	of	of	ADP
ijtc-714	102	73	tax	tax	PROPN
ijtc-714	102	74	&	&	CCONJ
ijtc-714	102	75	accounting	accounting	PROPN
ijtc-714	102	76	https://www.ilomata.org/index.php/ijtc	https://www.ilomata.org/index.php/ijtc	PROPN
ijtc-714	102	77	has	have	VERB
ijtc-714	102	78	short	short	ADJ
ijtc-714	102	79	-	-	PUNCT
ijtc-714	102	80	term	term	NOUN
ijtc-714	102	81	obligations	obligation	NOUN
ijtc-714	102	82	.	.	PUNCT
ijtc-714	103	1	if	if	SCONJ
ijtc-714	103	2	unable	unable	ADJ
ijtc-714	103	3	to	to	PART
ijtc-714	103	4	meet	meet	VERB
ijtc-714	103	5	,	,	PUNCT
ijtc-714	103	6	the	the	DET
ijtc-714	103	7	company	company	NOUN
ijtc-714	103	8	will	will	AUX
ijtc-714	103	9	show	show	VERB
ijtc-714	103	10	signs	sign	NOUN
ijtc-714	103	11	of	of	ADP
ijtc-714	103	12	financial	financial	ADJ
ijtc-714	103	13	difficulty	difficulty	NOUN
ijtc-714	103	14	.	.	PUNCT
ijtc-714	104	1	therefore	therefore	ADV
ijtc-714	104	2	,	,	PUNCT
ijtc-714	104	3	this	this	DET
ijtc-714	104	4	ratio	ratio	NOUN
ijtc-714	104	5	minimizes	minimize	VERB
ijtc-714	104	6	information	information	NOUN
ijtc-714	104	7	asymmetry	asymmetry	NOUN
ijtc-714	104	8	between	between	ADP
ijtc-714	104	9	agents	agent	NOUN
ijtc-714	104	10	and	and	CCONJ
ijtc-714	104	11	principals	principal	NOUN
ijtc-714	104	12	.	.	PUNCT
ijtc-714	105	1	because	because	SCONJ
ijtc-714	105	2	the	the	DET
ijtc-714	105	3	liquidity	liquidity	NOUN
ijtc-714	105	4	ratio	ratio	NOUN
ijtc-714	105	5	can	can	AUX
ijtc-714	105	6	assess	assess	VERB
ijtc-714	105	7	the	the	DET
ijtc-714	105	8	manager	manager	NOUN
ijtc-714	105	9	's	's	PART
ijtc-714	105	10	performance	performance	NOUN
ijtc-714	105	11	according	accord	VERB
ijtc-714	105	12	to	to	ADP
ijtc-714	105	13	the	the	DET
ijtc-714	105	14	goals	goal	NOUN
ijtc-714	105	15	desired	desire	VERB
ijtc-714	105	16	by	by	ADP
ijtc-714	105	17	the	the	DET
ijtc-714	105	18	shareholders	shareholder	NOUN
ijtc-714	105	19	to	to	PART
ijtc-714	105	20	generate	generate	VERB
ijtc-714	105	21	profits	profit	NOUN
ijtc-714	105	22	.	.	PUNCT
ijtc-714	106	1	(	(	PUNCT
ijtc-714	106	2	a.	a.	NOUN
ijtc-714	106	3	dewanti	dewanti	PROPN
ijtc-714	106	4	et	et	PROPN
ijtc-714	106	5	al	al	PROPN
ijtc-714	106	6	.	.	PROPN
ijtc-714	106	7	,	,	PUNCT
ijtc-714	106	8	2018	2018	NUM
ijtc-714	106	9	)	)	PUNCT
ijtc-714	106	10	research	research	NOUN
ijtc-714	106	11	proves	prove	VERB
ijtc-714	106	12	that	that	SCONJ
ijtc-714	106	13	liquidity	liquidity	NOUN
ijtc-714	106	14	has	have	VERB
ijtc-714	106	15	a	a	DET
ijtc-714	106	16	negative	negative	ADJ
ijtc-714	106	17	impact	impact	NOUN
ijtc-714	106	18	on	on	ADP
ijtc-714	106	19	firms	firm	NOUN
ijtc-714	106	20	'	'	PART
ijtc-714	106	21	financial	financial	ADJ
ijtc-714	106	22	distress	distress	NOUN
ijtc-714	106	23	and	and	CCONJ
ijtc-714	106	24	that	that	SCONJ
ijtc-714	106	25	a	a	DET
ijtc-714	106	26	firm	firm	NOUN
ijtc-714	106	27	's	's	PART
ijtc-714	106	28	likelihood	likelihood	NOUN
ijtc-714	106	29	of	of	ADP
ijtc-714	106	30	experiencing	experience	VERB
ijtc-714	106	31	financial	financial	ADJ
ijtc-714	106	32	distress	distress	NOUN
ijtc-714	106	33	decreases	decrease	NOUN
ijtc-714	106	34	as	as	ADP
ijtc-714	106	35	current	current	ADJ
ijtc-714	106	36	interest	interest	NOUN
ijtc-714	106	37	rises	rise	NOUN
ijtc-714	106	38	.	.	PUNCT
ijtc-714	107	1	as	as	ADP
ijtc-714	107	2	a	a	DET
ijtc-714	107	3	result	result	NOUN
ijtc-714	107	4	,	,	PUNCT
ijtc-714	107	5	a	a	DET
ijtc-714	107	6	business	business	NOUN
ijtc-714	107	7	with	with	ADP
ijtc-714	107	8	a	a	DET
ijtc-714	107	9	high	high	ADJ
ijtc-714	107	10	cash	cash	NOUN
ijtc-714	107	11	ratio	ratio	NOUN
ijtc-714	107	12	is	be	AUX
ijtc-714	107	13	one	one	NUM
ijtc-714	107	14	that	that	PRON
ijtc-714	107	15	can	can	AUX
ijtc-714	107	16	use	use	VERB
ijtc-714	107	17	capital	capital	NOUN
ijtc-714	107	18	and	and	CCONJ
ijtc-714	107	19	short	short	ADJ
ijtc-714	107	20	-	-	PUNCT
ijtc-714	107	21	term	term	NOUN
ijtc-714	107	22	debt	debt	NOUN
ijtc-714	107	23	to	to	PART
ijtc-714	107	24	finance	finance	VERB
ijtc-714	107	25	its	its	PRON
ijtc-714	107	26	operations	operation	NOUN
ijtc-714	107	27	.	.	PUNCT
ijtc-714	108	1	in	in	ADP
ijtc-714	108	2	light	light	NOUN
ijtc-714	108	3	of	of	ADP
ijtc-714	108	4	this	this	DET
ijtc-714	108	5	justification	justification	NOUN
ijtc-714	108	6	,	,	PUNCT
ijtc-714	108	7	the	the	DET
ijtc-714	108	8	suggested	suggest	VERB
ijtc-714	108	9	theory	theory	NOUN
ijtc-714	108	10	is	be	AUX
ijtc-714	108	11	:	:	PUNCT
ijtc-714	108	12	h5	h5	PROPN
ijtc-714	108	13	:	:	PUNCT
ijtc-714	108	14	financial	financial	ADJ
ijtc-714	108	15	distress	distress	NOUN
ijtc-714	108	16	is	be	AUX
ijtc-714	108	17	negatively	negatively	ADV
ijtc-714	108	18	impacted	impact	VERB
ijtc-714	108	19	by	by	ADP
ijtc-714	108	20	liquidity	liquidity	NOUN
ijtc-714	108	21	effect	effect	NOUN
ijtc-714	108	22	of	of	ADP
ijtc-714	108	23	leverage	leverage	NOUN
ijtc-714	108	24	on	on	ADP
ijtc-714	108	25	financial	financial	ADJ
ijtc-714	108	26	distress	distress	NOUN
ijtc-714	108	27	the	the	DET
ijtc-714	108	28	leverage	leverage	NOUN
ijtc-714	108	29	ratio	ratio	NOUN
ijtc-714	108	30	can	can	AUX
ijtc-714	108	31	be	be	AUX
ijtc-714	108	32	used	use	VERB
ijtc-714	108	33	to	to	PART
ijtc-714	108	34	determine	determine	VERB
ijtc-714	108	35	a	a	DET
ijtc-714	108	36	business	business	NOUN
ijtc-714	108	37	's	's	PART
ijtc-714	108	38	debt	debt	NOUN
ijtc-714	108	39	ratio	ratio	NOUN
ijtc-714	108	40	and	and	CCONJ
ijtc-714	108	41	to	to	PART
ijtc-714	108	42	evaluate	evaluate	VERB
ijtc-714	108	43	the	the	DET
ijtc-714	108	44	financial	financial	ADJ
ijtc-714	108	45	risk	risk	NOUN
ijtc-714	108	46	that	that	SCONJ
ijtc-714	108	47	the	the	DET
ijtc-714	108	48	company	company	NOUN
ijtc-714	108	49	has	have	AUX
ijtc-714	108	50	assumed	assume	VERB
ijtc-714	108	51	.	.	PUNCT
ijtc-714	109	1	this	this	DET
ijtc-714	109	2	leverage	leverage	NOUN
ijtc-714	109	3	ratio	ratio	NOUN
ijtc-714	109	4	may	may	AUX
ijtc-714	109	5	indicate	indicate	VERB
ijtc-714	109	6	the	the	DET
ijtc-714	109	7	health	health	NOUN
ijtc-714	109	8	of	of	ADP
ijtc-714	109	9	the	the	DET
ijtc-714	109	10	company	company	NOUN
ijtc-714	109	11	.	.	PUNCT
ijtc-714	110	1	this	this	PRON
ijtc-714	110	2	is	be	AUX
ijtc-714	110	3	because	because	SCONJ
ijtc-714	110	4	the	the	PRON
ijtc-714	110	5	higher	high	ADJ
ijtc-714	110	6	the	the	DET
ijtc-714	110	7	leverage	leverage	NOUN
ijtc-714	110	8	ratio	ratio	NOUN
ijtc-714	110	9	,	,	PUNCT
ijtc-714	110	10	the	the	PRON
ijtc-714	110	11	more	more	ADV
ijtc-714	110	12	difficult	difficult	ADJ
ijtc-714	110	13	it	it	PRON
ijtc-714	110	14	is	be	AUX
ijtc-714	110	15	for	for	SCONJ
ijtc-714	110	16	a	a	DET
ijtc-714	110	17	company	company	NOUN
ijtc-714	110	18	to	to	PART
ijtc-714	110	19	manage	manage	VERB
ijtc-714	110	20	its	its	PRON
ijtc-714	110	21	capital	capital	NOUN
ijtc-714	110	22	structure	structure	NOUN
ijtc-714	110	23	,	,	PUNCT
ijtc-714	110	24	leading	lead	VERB
ijtc-714	110	25	to	to	ADP
ijtc-714	110	26	financial	financial	ADJ
ijtc-714	110	27	difficulties	difficulty	NOUN
ijtc-714	110	28	.	.	PUNCT
ijtc-714	111	1	leverage	leverage	NOUN
ijtc-714	111	2	in	in	ADP
ijtc-714	111	3	agency	agency	NOUN
ijtc-714	111	4	theory	theory	NOUN
ijtc-714	111	5	is	be	AUX
ijtc-714	111	6	used	use	VERB
ijtc-714	111	7	as	as	ADP
ijtc-714	111	8	the	the	DET
ijtc-714	111	9	shareholder	shareholder	NOUN
ijtc-714	111	10	's	's	PART
ijtc-714	111	11	control	control	NOUN
ijtc-714	111	12	over	over	ADP
ijtc-714	111	13	the	the	DET
ijtc-714	111	14	manager	manager	NOUN
ijtc-714	111	15	.	.	PUNCT
ijtc-714	112	1	this	this	PRON
ijtc-714	112	2	is	be	AUX
ijtc-714	112	3	because	because	SCONJ
ijtc-714	112	4	managers	manager	NOUN
ijtc-714	112	5	tend	tend	VERB
ijtc-714	112	6	to	to	PART
ijtc-714	112	7	be	be	AUX
ijtc-714	112	8	more	more	ADV
ijtc-714	112	9	cautious	cautious	ADJ
ijtc-714	112	10	when	when	SCONJ
ijtc-714	112	11	making	make	VERB
ijtc-714	112	12	decisions	decision	NOUN
ijtc-714	112	13	when	when	SCONJ
ijtc-714	112	14	a	a	DET
ijtc-714	112	15	company	company	NOUN
ijtc-714	112	16	's	's	PART
ijtc-714	112	17	level	level	NOUN
ijtc-714	112	18	of	of	ADP
ijtc-714	112	19	debt	debt	NOUN
ijtc-714	112	20	is	be	AUX
ijtc-714	112	21	high	high	ADJ
ijtc-714	112	22	.	.	PUNCT
ijtc-714	113	1	a	a	DET
ijtc-714	113	2	larger	large	ADJ
ijtc-714	113	3	debt	debt	NOUN
ijtc-714	113	4	-	-	PUNCT
ijtc-714	113	5	to	to	ADP
ijtc-714	113	6	-	-	PUNCT
ijtc-714	113	7	equity	equity	NOUN
ijtc-714	113	8	ratio	ratio	NOUN
ijtc-714	113	9	indicates	indicate	VERB
ijtc-714	113	10	that	that	SCONJ
ijtc-714	113	11	a	a	DET
ijtc-714	113	12	company	company	NOUN
ijtc-714	113	13	is	be	AUX
ijtc-714	113	14	more	more	ADV
ijtc-714	113	15	dependent	dependent	ADJ
ijtc-714	113	16	on	on	ADP
ijtc-714	113	17	debt	debt	NOUN
ijtc-714	113	18	financing	financing	NOUN
ijtc-714	113	19	,	,	PUNCT
ijtc-714	113	20	which	which	PRON
ijtc-714	113	21	is	be	AUX
ijtc-714	113	22	risky	risky	ADJ
ijtc-714	113	23	for	for	ADP
ijtc-714	113	24	the	the	DET
ijtc-714	113	25	company	company	NOUN
ijtc-714	113	26	.	.	PUNCT
ijtc-714	114	1	every	every	DET
ijtc-714	114	2	liability	liability	NOUN
ijtc-714	114	3	has	have	VERB
ijtc-714	114	4	a	a	DET
ijtc-714	114	5	maturity	maturity	NOUN
ijtc-714	114	6	date	date	NOUN
ijtc-714	114	7	,	,	PUNCT
ijtc-714	114	8	with	with	ADP
ijtc-714	114	9	the	the	DET
ijtc-714	114	10	exception	exception	NOUN
ijtc-714	114	11	of	of	ADP
ijtc-714	114	12	interest	interest	NOUN
ijtc-714	114	13	expense	expense	NOUN
ijtc-714	114	14	.	.	PUNCT
ijtc-714	115	1	(	(	PUNCT
ijtc-714	115	2	a.	a.	NOUN
ijtc-714	115	3	dewanti	dewanti	PROPN
ijtc-714	115	4	et	et	PROPN
ijtc-714	115	5	al	al	PROPN
ijtc-714	115	6	.	.	PROPN
ijtc-714	115	7	,	,	PUNCT
ijtc-714	115	8	2018	2018	NUM
ijtc-714	115	9	;	;	PUNCT
ijtc-714	115	10	r.	r.	PROPN
ijtc-714	115	11	kartika	kartika	PROPN
ijtc-714	115	12	&	&	CCONJ
ijtc-714	115	13	hasanudin	hasanudin	PROPN
ijtc-714	115	14	,	,	PUNCT
ijtc-714	115	15	2019	2019	NUM
ijtc-714	115	16	)	)	PUNCT
ijtc-714	115	17	show	show	VERB
ijtc-714	115	18	that	that	SCONJ
ijtc-714	115	19	leverage	leverage	NOUN
ijtc-714	115	20	has	have	VERB
ijtc-714	115	21	a	a	DET
ijtc-714	115	22	large	large	ADJ
ijtc-714	115	23	positive	positive	ADJ
ijtc-714	115	24	impact	impact	NOUN
ijtc-714	115	25	on	on	ADP
ijtc-714	115	26	financial	financial	ADJ
ijtc-714	115	27	hardship	hardship	NOUN
ijtc-714	115	28	.	.	PUNCT
ijtc-714	116	1	this	this	PRON
ijtc-714	116	2	shows	show	VERB
ijtc-714	116	3	that	that	SCONJ
ijtc-714	116	4	the	the	DET
ijtc-714	116	5	effect	effect	NOUN
ijtc-714	116	6	of	of	ADP
ijtc-714	116	7	a	a	DET
ijtc-714	116	8	high	high	ADJ
ijtc-714	116	9	leverage	leverage	NOUN
ijtc-714	116	10	ratio	ratio	NOUN
ijtc-714	116	11	can	can	AUX
ijtc-714	116	12	be	be	AUX
ijtc-714	116	13	used	use	VERB
ijtc-714	116	14	as	as	ADP
ijtc-714	116	15	a	a	DET
ijtc-714	116	16	negative	negative	ADJ
ijtc-714	116	17	signal	signal	NOUN
ijtc-714	116	18	to	to	ADP
ijtc-714	116	19	outside	outside	ADJ
ijtc-714	116	20	parties	party	NOUN
ijtc-714	116	21	that	that	SCONJ
ijtc-714	116	22	the	the	DET
ijtc-714	116	23	company	company	NOUN
ijtc-714	116	24	is	be	AUX
ijtc-714	116	25	in	in	ADP
ijtc-714	116	26	financial	financial	ADJ
ijtc-714	116	27	trouble	trouble	NOUN
ijtc-714	116	28	.	.	PUNCT
ijtc-714	117	1	based	base	VERB
ijtc-714	117	2	on	on	ADP
ijtc-714	117	3	this	this	DET
ijtc-714	117	4	description	description	NOUN
ijtc-714	117	5	,	,	PUNCT
ijtc-714	117	6	the	the	DET
ijtc-714	117	7	proposed	propose	VERB
ijtc-714	117	8	hypotheses	hypothesis	NOUN
ijtc-714	117	9	are	be	AUX
ijtc-714	117	10	:	:	PUNCT
ijtc-714	117	11	h6	h6	NOUN
ijtc-714	117	12	:	:	PUNCT
ijtc-714	117	13	financial	financial	ADJ
ijtc-714	117	14	distress	distress	NOUN
ijtc-714	117	15	is	be	AUX
ijtc-714	117	16	positively	positively	ADV
ijtc-714	117	17	impacted	impact	VERB
ijtc-714	117	18	by	by	ADP
ijtc-714	117	19	leverage	leverage	NOUN
ijtc-714	117	20	method	method	NOUN
ijtc-714	117	21	sample	sample	NOUN
ijtc-714	117	22	selection	selection	NOUN
ijtc-714	117	23	method	method	NOUN
ijtc-714	117	24	purposive	purposive	ADJ
ijtc-714	117	25	sampling	sampling	NOUN
ijtc-714	117	26	is	be	AUX
ijtc-714	117	27	the	the	DET
ijtc-714	117	28	type	type	NOUN
ijtc-714	117	29	of	of	ADP
ijtc-714	117	30	non	non	ADJ
ijtc-714	117	31	-	-	ADJ
ijtc-714	117	32	random	random	ADJ
ijtc-714	117	33	sampling	sampling	NOUN
ijtc-714	117	34	that	that	PRON
ijtc-714	117	35	is	be	AUX
ijtc-714	117	36	used	use	VERB
ijtc-714	117	37	in	in	ADP
ijtc-714	117	38	this	this	DET
ijtc-714	117	39	study	study	NOUN
ijtc-714	117	40	.	.	PUNCT
ijtc-714	118	1	it	it	PRON
ijtc-714	118	2	is	be	AUX
ijtc-714	118	3	a	a	DET
ijtc-714	118	4	strategy	strategy	NOUN
ijtc-714	118	5	that	that	PRON
ijtc-714	118	6	relies	rely	VERB
ijtc-714	118	7	on	on	ADP
ijtc-714	118	8	judgemental	judgemental	ADJ
ijtc-714	118	9	sampling	sampling	NOUN
ijtc-714	118	10	,	,	PUNCT
ijtc-714	118	11	where	where	SCONJ
ijtc-714	118	12	information	information	NOUN
ijtc-714	118	13	is	be	AUX
ijtc-714	118	14	gathered	gather	VERB
ijtc-714	118	15	using	use	VERB
ijtc-714	118	16	specific	specific	ADJ
ijtc-714	118	17	considerations	consideration	NOUN
ijtc-714	118	18	.	.	PUNCT
ijtc-714	119	1	(	(	PUNCT
ijtc-714	119	2	sekaran	sekaran	NOUN
ijtc-714	119	3	,	,	PUNCT
ijtc-714	119	4	2006	2006	NUM
ijtc-714	119	5	)	)	PUNCT
ijtc-714	119	6	.	.	PUNCT
ijtc-714	120	1	this	this	DET
ijtc-714	120	2	study	study	NOUN
ijtc-714	120	3	utilized	utilize	VERB
ijtc-714	120	4	a	a	DET
ijtc-714	120	5	population	population	NOUN
ijtc-714	120	6	of	of	ADP
ijtc-714	120	7	manufacturing	manufacturing	NOUN
ijtc-714	120	8	companies	company	NOUN
ijtc-714	120	9	that	that	PRON
ijtc-714	120	10	were	be	AUX
ijtc-714	120	11	listed	list	VERB
ijtc-714	120	12	on	on	ADP
ijtc-714	120	13	the	the	DET
ijtc-714	120	14	idx	idx	NOUN
ijtc-714	120	15	(	(	PUNCT
ijtc-714	120	16	indonesia	indonesia	PROPN
ijtc-714	120	17	stock	stock	PROPN
ijtc-714	120	18	exchange	exchange	PROPN
ijtc-714	120	19	)	)	PUNCT
ijtc-714	120	20	during	during	ADP
ijtc-714	120	21	the	the	DET
ijtc-714	120	22	period	period	NOUN
ijtc-714	120	23	of	of	ADP
ijtc-714	120	24	2016	2016	NUM
ijtc-714	120	25	-	-	SYM
ijtc-714	120	26	2020	2020	NUM
ijtc-714	120	27	,	,	PUNCT
ijtc-714	120	28	with	with	ADP
ijtc-714	120	29	2015	2015	NUM
ijtc-714	120	30	serving	serve	VERB
ijtc-714	120	31	as	as	ADP
ijtc-714	120	32	the	the	DET
ijtc-714	120	33	base	base	NOUN
ijtc-714	120	34	year	year	NOUN
ijtc-714	120	35	.	.	PUNCT
ijtc-714	121	1	data	datum	NOUN
ijtc-714	121	2	collection	collection	NOUN
ijtc-714	121	3	methods	method	NOUN
ijtc-714	121	4	secondary	secondary	ADJ
ijtc-714	121	5	data	datum	NOUN
ijtc-714	121	6	from	from	ADP
ijtc-714	121	7	manufacturing	manufacture	VERB
ijtc-714	121	8	companies	company	NOUN
ijtc-714	121	9	listed	list	VERB
ijtc-714	121	10	on	on	ADP
ijtc-714	121	11	the	the	DET
ijtc-714	121	12	idx	idx	NOUN
ijtc-714	121	13	are	be	AUX
ijtc-714	121	14	used	use	VERB
ijtc-714	121	15	in	in	ADP
ijtc-714	121	16	this	this	DET
ijtc-714	121	17	study	study	NOUN
ijtc-714	121	18	.	.	PUNCT
ijtc-714	122	1	the	the	DET
ijtc-714	122	2	financial	financial	ADJ
ijtc-714	122	3	report	report	NOUN
ijtc-714	122	4	data	datum	NOUN
ijtc-714	122	5	for	for	ADP
ijtc-714	122	6	manufacturing	manufacture	VERB
ijtc-714	122	7	companies	company	NOUN
ijtc-714	122	8	from	from	ADP
ijtc-714	122	9	2016	2016	NUM
ijtc-714	122	10	to	to	ADP
ijtc-714	122	11	2020	2020	NUM
ijtc-714	122	12	was	be	AUX
ijtc-714	122	13	received	receive	VERB
ijtc-714	122	14	from	from	ADP
ijtc-714	122	15	the	the	DET
ijtc-714	122	16	idx	idx	NOUN
ijtc-714	122	17	through	through	ADP
ijtc-714	122	18	the	the	DET
ijtc-714	122	19	websites	website	NOUN
ijtc-714	122	20	(	(	PUNCT
ijtc-714	122	21	www.idx.co.id	www.idx.co.id	PROPN
ijtc-714	122	22	,	,	PUNCT
ijtc-714	122	23	2019	2019	NUM
ijtc-714	122	24	and	and	CCONJ
ijtc-714	122	25	www.sahamok.com	www.sahamok.com	NOUN
ijtc-714	122	26	,	,	PUNCT
ijtc-714	122	27	2019	2019	NUM
ijtc-714	122	28	)	)	PUNCT
ijtc-714	122	29	and	and	CCONJ
ijtc-714	122	30	used	use	VERB
ijtc-714	122	31	in	in	ADP
ijtc-714	122	32	this	this	DET
ijtc-714	122	33	study	study	NOUN
ijtc-714	122	34	.	.	PUNCT
ijtc-714	123	1	operational	operational	ADJ
ijtc-714	123	2	definition	definition	NOUN
ijtc-714	123	3	and	and	CCONJ
ijtc-714	123	4	variable	variable	ADJ
ijtc-714	123	5	measurement	measurement	NOUN
ijtc-714	123	6	https://www.ilomata.org/index.php/ijtc	https://www.ilomata.org/index.php/ijtc	ADJ
ijtc-714	123	7	effect	effect	NOUN
ijtc-714	123	8	of	of	ADP
ijtc-714	123	9	investment	investment	NOUN
ijtc-714	123	10	,	,	PUNCT
ijtc-714	123	11	free	free	ADJ
ijtc-714	123	12	cash	cash	NOUN
ijtc-714	123	13	flow	flow	NOUN
ijtc-714	123	14	,	,	PUNCT
ijtc-714	123	15	earnings	earning	NOUN
ijtc-714	123	16	management	management	NOUN
ijtc-714	123	17	,	,	PUNCT
ijtc-714	123	18	interest	interest	NOUN
ijtc-714	123	19	coverage	coverage	NOUN
ijtc-714	123	20	ratio	ratio	NOUN
ijtc-714	123	21	,	,	PUNCT
ijtc-714	123	22	liquidity	liquidity	NOUN
ijtc-714	123	23	,	,	PUNCT
ijtc-714	123	24	and	and	CCONJ
ijtc-714	123	25	leverage	leverage	NOUN
ijtc-714	123	26	on	on	ADP
ijtc-714	123	27	financial	financial	ADJ
ijtc-714	123	28	distress	distress	NOUN
ijtc-714	123	29	suranta	suranta	NOUN
ijtc-714	123	30	,	,	PUNCT
ijtc-714	123	31	satrio	satrio	PROPN
ijtc-714	123	32	,	,	PUNCT
ijtc-714	123	33	and	and	CCONJ
ijtc-714	123	34	midiastuty	midiastuty	VERB
ijtc-714	123	35	288	288	NUM
ijtc-714	123	36	|	|	ADV
ijtc-714	123	37	ilomata	ilomata	PROPN
ijtc-714	123	38	international	international	ADJ
ijtc-714	123	39	journal	journal	NOUN
ijtc-714	123	40	of	of	ADP
ijtc-714	123	41	tax	tax	PROPN
ijtc-714	123	42	&	&	CCONJ
ijtc-714	123	43	accounting	account	VERB
ijtc-714	123	44	https://www.ilomata.org/index.php/ijtc	https://www.ilomata.org/index.php/ijtc	PROPN
ijtc-714	123	45	table	table	NOUN
ijtc-714	123	46	1	1	NUM
ijtc-714	123	47	.	.	PUNCT
ijtc-714	123	48	variable	variable	NOUN
ijtc-714	123	49	and	and	CCONJ
ijtc-714	123	50	measurement	measurement	NOUN
ijtc-714	123	51	item	item	NOUN
ijtc-714	123	52	variabels	variabels	PROPN
ijtc-714	123	53	measurement	measurement	NOUN
ijtc-714	123	54	sources	source	VERB
ijtc-714	123	55	dependent	dependent	ADJ
ijtc-714	123	56	variable	variable	ADJ
ijtc-714	123	57	“	"	PUNCT
ijtc-714	123	58	financial	financial	ADJ
ijtc-714	123	59	distress	distress	NOUN
ijtc-714	123	60	”	"	PUNCT
ijtc-714	123	61	“	"	PUNCT
ijtc-714	124	1	z	z	NOUN
ijtc-714	124	2	-	-	PUNCT
ijtc-714	124	3	score	score	NOUN
ijtc-714	124	4	=	=	NOUN
ijtc-714	124	5	1,2x1	1,2x1	NUM
ijtc-714	124	6	+	+	PROPN
ijtc-714	124	7	1,4x2	1,4x2	ADJ
ijtc-714	124	8	+	+	ADJ
ijtc-714	124	9	3,3x3	3,3x3	ADJ
ijtc-714	124	10	+	+	ADJ
ijtc-714	124	11	0,06x4	0,06x4	ADJ
ijtc-714	124	12	+	+	CCONJ
ijtc-714	124	13	1,0x5	1,0x5	NOUN
ijtc-714	124	14	”	"	PUNCT
ijtc-714	124	15	(	(	PUNCT
ijtc-714	124	16	altman	altman	NOUN
ijtc-714	124	17	,	,	PUNCT
ijtc-714	124	18	1968	1968	NUM
ijtc-714	124	19	)	)	PUNCT
ijtc-714	124	20	independent	independent	ADJ
ijtc-714	124	21	variable	variable	ADJ
ijtc-714	124	22	“	"	PUNCT
ijtc-714	124	23	investation	investation	NOUN
ijtc-714	124	24	decision	decision	NOUN
ijtc-714	124	25	”	"	PUNCT
ijtc-714	124	26	“	"	PUNCT
ijtc-714	124	27	ag=	ag=	PROPN
ijtc-714	124	28	(	(	PUNCT
ijtc-714	124	29	total	total	ADJ
ijtc-714	124	30	asett	asett	NOUN
ijtc-714	124	31	-	-	PUNCT
ijtc-714	124	32	total	total	NOUN
ijtc-714	124	33	asett-1)/(total	asett-1)/(total	NOUN
ijtc-714	124	34	asett-1	asett-1	NOUN
ijtc-714	124	35	)	)	PUNCT
ijtc-714	124	36	”	"	PUNCT
ijtc-714	124	37	(	(	PUNCT
ijtc-714	124	38	epato	epato	NOUN
ijtc-714	124	39	,	,	PUNCT
ijtc-714	124	40	2020	2020	NUM
ijtc-714	124	41	)	)	PUNCT
ijtc-714	124	42	“	"	PUNCT
ijtc-714	124	43	free	free	ADJ
ijtc-714	124	44	cash	cash	NOUN
ijtc-714	124	45	flow	flow	NOUN
ijtc-714	124	46	”	"	PUNCT
ijtc-714	124	47	fcf=(ako	fcf=(ako	PROPN
ijtc-714	124	48	-	-	ADJ
ijtc-714	124	49	pm)/total	pm)/total	ADJ
ijtc-714	124	50	aset	aset	NOUN
ijtc-714	124	51	(	(	PUNCT
ijtc-714	124	52	diana	diana	PROPN
ijtc-714	124	53	&	&	CCONJ
ijtc-714	124	54	hutasoit	hutasoit	PROPN
ijtc-714	124	55	,	,	PUNCT
ijtc-714	124	56	2017	2017	NUM
ijtc-714	124	57	)	)	PUNCT
ijtc-714	124	58	earning	earn	VERB
ijtc-714	124	59	management	management	NOUN
ijtc-714	124	60	tacit	tacit	NOUN
ijtc-714	124	61	=	=	SYM
ijtc-714	124	62	niit	niit	X
ijtc-714	124	63	–	–	PUNCT
ijtc-714	124	64	cfoit	cfoit	NOUN
ijtc-714	124	65	.	.	PUNCT
ijtc-714	125	1	(	(	PUNCT
ijtc-714	125	2	1	1	NUM
ijtc-714	125	3	)	)	PUNCT
ijtc-714	125	4	tac/(tat-1	tac/(tat-1	NUM
ijtc-714	125	5	)	)	PUNCT
ijtc-714	125	6	=	=	SYM
ijtc-714	125	7	α11/(tat-1)+α2	α11/(tat-1)+α2	NUM
ijtc-714	125	8	δsales/(tat1)+α3ppe/(tat-1	δsales/(tat1)+α3ppe/(tat-1	NOUN
ijtc-714	125	9	)	)	PUNCT
ijtc-714	125	10	..	..	PUNCT
ijtc-714	126	1	(	(	PUNCT
ijtc-714	126	2	2	2	NUM
ijtc-714	126	3	)	)	PUNCT
ijtc-714	126	4	ndac	ndac	NOUN
ijtc-714	126	5	=	=	SYM
ijtc-714	126	6	ά11/(tat-1)+ά2((δsales	ά11/(tat-1)+ά2((δsale	NOUN
ijtc-714	126	7	δrec)/(tat-1)+ά3ppe/(tat-1	δrec)/(tat-1)+ά3ppe/(tat-1	NOUN
ijtc-714	126	8	)	)	PUNCT
ijtc-714	126	9	..	..	PUNCT
ijtc-714	127	1	(	(	PUNCT
ijtc-714	127	2	3	3	X
ijtc-714	127	3	)	)	PUNCT
ijtc-714	127	4	dac	dac	NOUN
ijtc-714	127	5	=	=	PUNCT
ijtc-714	127	6	tac/(tat-1	tac/(tat-1	X
ijtc-714	127	7	)	)	PUNCT
ijtc-714	127	8	–	–	PUNCT
ijtc-714	127	9	ndac	ndac	ADV
ijtc-714	127	10	..	..	PUNCT
ijtc-714	127	11	(	(	PUNCT
ijtc-714	127	12	4	4	X
ijtc-714	127	13	)	)	PUNCT
ijtc-714	127	14	dechow	dechow	ADJ
ijtc-714	127	15	et	et	PROPN
ijtc-714	127	16	al	al	PROPN
ijtc-714	127	17	,	,	PUNCT
ijtc-714	127	18	(	(	PUNCT
ijtc-714	127	19	1995	1995	NUM
ijtc-714	127	20	)	)	PUNCT
ijtc-714	127	21	interest	interest	NOUN
ijtc-714	127	22	coverage	coverage	PROPN
ijtc-714	127	23	ratio	ratio	PROPN
ijtc-714	127	24	icr	icr	PROPN
ijtc-714	127	25	=	=	PROPN
ijtc-714	127	26	ebit	ebit	PROPN
ijtc-714	127	27	/	/	SYM
ijtc-714	127	28	biaya	biaya	PROPN
ijtc-714	127	29	bunga	bunga	PROPN
ijtc-714	127	30	(	(	PUNCT
ijtc-714	127	31	dewanti	dewanti	PROPN
ijtc-714	127	32	et	et	PROPN
ijtc-714	127	33	al	al	PROPN
ijtc-714	127	34	.	.	PROPN
ijtc-714	127	35	,	,	PUNCT
ijtc-714	127	36	2018	2018	NUM
ijtc-714	127	37	)	)	PUNCT
ijtc-714	127	38	liquidity	liquidity	NOUN
ijtc-714	127	39	cr=(current	cr=(current	NUM
ijtc-714	127	40	asets)/(current	asets)/(current	ADJ
ijtc-714	127	41	liabilities	liability	NOUN
ijtc-714	127	42	)	)	PUNCT
ijtc-714	127	43	(	(	PUNCT
ijtc-714	127	44	dewanti	dewanti	X
ijtc-714	127	45	et	et	PROPN
ijtc-714	127	46	al	al	PROPN
ijtc-714	127	47	.	.	PROPN
ijtc-714	127	48	,	,	PUNCT
ijtc-714	127	49	2018	2018	NUM
ijtc-714	127	50	)	)	PUNCT
ijtc-714	127	51	leverage	leverage	NOUN
ijtc-714	127	52	der	der	ADJ
ijtc-714	127	53	=(	=(	PROPN
ijtc-714	127	54	total	total	ADJ
ijtc-714	127	55	debt)/(total	debt)/(total	ADJ
ijtc-714	127	56	equity	equity	NOUN
ijtc-714	127	57	)	)	PUNCT
ijtc-714	127	58	(	(	PUNCT
ijtc-714	127	59	dewanti	dewanti	PROPN
ijtc-714	127	60	et	et	PROPN
ijtc-714	127	61	al	al	PROPN
ijtc-714	127	62	.	.	PROPN
ijtc-714	127	63	,	,	PUNCT
ijtc-714	127	64	2018	2018	NUM
ijtc-714	127	65	)	)	PUNCT
ijtc-714	127	66	result	result	NOUN
ijtc-714	127	67	and	and	CCONJ
ijtc-714	127	68	discussion	discussion	NOUN
ijtc-714	127	69	overall	overall	ADJ
ijtc-714	127	70	fit	fit	ADJ
ijtc-714	127	71	model	model	NOUN
ijtc-714	127	72	model	model	NOUN
ijtc-714	127	73	testing	testing	NOUN
ijtc-714	127	74	was	be	AUX
ijtc-714	127	75	performed	perform	VERB
ijtc-714	127	76	using	use	VERB
ijtc-714	127	77	the	the	DET
ijtc-714	127	78	chi	chi	ADJ
ijtc-714	127	79	-	-	PUNCT
ijtc-714	127	80	square	square	ADJ
ijtc-714	127	81	test	test	NOUN
ijtc-714	127	82	shown	show	VERB
ijtc-714	127	83	in	in	ADP
ijtc-714	127	84	table	table	NOUN
ijtc-714	127	85	2	2	NUM
ijtc-714	127	86	below	below	ADV
ijtc-714	127	87	.	.	PUNCT
ijtc-714	128	1	a	a	DET
ijtc-714	128	2	test	test	NOUN
ijtc-714	128	3	was	be	AUX
ijtc-714	128	4	performed	perform	VERB
ijtc-714	128	5	on	on	ADP
ijtc-714	128	6	the	the	DET
ijtc-714	128	7	data	datum	NOUN
ijtc-714	128	8	for	for	ADP
ijtc-714	128	9	the	the	DET
ijtc-714	128	10	entire	entire	ADJ
ijtc-714	128	11	model	model	NOUN
ijtc-714	128	12	by	by	ADP
ijtc-714	128	13	comparing	compare	VERB
ijtc-714	128	14	the	the	DET
ijtc-714	128	15	initial	initial	ADJ
ijtc-714	128	16	log	log	NOUN
ijtc-714	128	17	-	-	PUNCT
ijtc-714	128	18	likelihood	likelihood	NOUN
ijtc-714	128	19	value	value	NOUN
ijtc-714	128	20	of	of	ADP
ijtc-714	128	21	-2	-2	INTJ
ijtc-714	128	22	(	(	PUNCT
ijtc-714	128	23	result	result	NOUN
ijtc-714	128	24	from	from	ADP
ijtc-714	128	25	block	block	NOUN
ijtc-714	128	26	number	number	NOUN
ijtc-714	128	27	0	0	NUM
ijtc-714	128	28	)	)	PUNCT
ijtc-714	128	29	with	with	ADP
ijtc-714	128	30	the	the	DET
ijtc-714	128	31	log	log	NOUN
ijtc-714	128	32	-	-	PUNCT
ijtc-714	128	33	likelihood	likelihood	NOUN
ijtc-714	128	34	value	value	NOUN
ijtc-714	128	35	of	of	ADP
ijtc-714	128	36	-2	-2	INTJ
ijtc-714	128	37	(	(	PUNCT
ijtc-714	128	38	result	result	NOUN
ijtc-714	128	39	from	from	ADP
ijtc-714	128	40	block	block	NOUN
ijtc-714	128	41	number	number	NOUN
ijtc-714	128	42	1	1	NUM
ijtc-714	128	43	)	)	PUNCT
ijtc-714	128	44	.	.	PUNCT
ijtc-714	129	1	if	if	SCONJ
ijtc-714	129	2	there	there	PRON
ijtc-714	129	3	is	be	VERB
ijtc-714	129	4	a	a	DET
ijtc-714	129	5	reduction	reduction	NOUN
ijtc-714	129	6	,	,	PUNCT
ijtc-714	129	7	the	the	DET
ijtc-714	129	8	model	model	NOUN
ijtc-714	129	9	shows	show	VERB
ijtc-714	129	10	a	a	DET
ijtc-714	129	11	good	good	ADJ
ijtc-714	129	12	regression	regression	NOUN
ijtc-714	129	13	.	.	PUNCT
ijtc-714	130	1	table	table	NOUN
ijtc-714	130	2	2	2	NUM
ijtc-714	130	3	overall	overall	ADJ
ijtc-714	130	4	fit	fit	ADJ
ijtc-714	130	5	model	model	NOUN
ijtc-714	130	6	regression	regression	NOUN
ijtc-714	130	7	models	model	NOUN
ijtc-714	130	8	model	model	VERB
ijtc-714	130	9	-2	-2	INTJ
ijtc-714	130	10	log	log	PROPN
ijtc-714	130	11	likelihood	likelihood	NOUN
ijtc-714	130	12	“	"	PUNCT
ijtc-714	130	13	chi	chi	ADJ
ijtc-714	130	14	-	-	PUNCT
ijtc-714	130	15	square	square	ADJ
ijtc-714	130	16	(	(	PUNCT
ijtc-714	130	17	omnibus	omnibus	NOUN
ijtc-714	130	18	test	test	NOUN
ijtc-714	130	19	coefficient	coefficient	NOUN
ijtc-714	130	20	&	&	CCONJ
ijtc-714	130	21	variables	variable	NOUN
ijtc-714	130	22	)	)	PUNCT
ijtc-714	130	23	”	"	PUNCT
ijtc-714	130	24	“	"	PUNCT
ijtc-714	130	25	df	df	PROPN
ijtc-714	130	26	”	"	PUNCT
ijtc-714	130	27	“	"	PUNCT
ijtc-714	130	28	sig	sig	NOUN
ijtc-714	130	29	”	"	PUNCT
ijtc-714	130	30	logistics	logistic	NOUN
ijtc-714	130	31	“	"	PUNCT
ijtc-714	130	32	intercept	intercept	VERB
ijtc-714	130	33	only	only	ADV
ijtc-714	130	34	”	"	PUNCT
ijtc-714	130	35	“	"	PUNCT
ijtc-714	130	36	503.521	503.521	NUM
ijtc-714	130	37	”	"	PUNCT
ijtc-714	130	38	“	"	PUNCT
ijtc-714	130	39	final	final	ADJ
ijtc-714	130	40	”	"	PUNCT
ijtc-714	130	41	“	"	PUNCT
ijtc-714	130	42	264.404	264.404	NUM
ijtc-714	130	43	”	"	PUNCT
ijtc-714	130	44	“	"	PUNCT
ijtc-714	130	45	239.117	239.117	NUM
ijtc-714	130	46	”	"	PUNCT
ijtc-714	130	47	“	"	PUNCT
ijtc-714	130	48	6	6	NUM
ijtc-714	130	49	”	"	PUNCT
ijtc-714	130	50	“	"	PUNCT
ijtc-714	130	51	0.000	0.000	NUM
ijtc-714	130	52	”	"	PUNCT
ijtc-714	130	53	based	base	VERB
ijtc-714	130	54	on	on	ADP
ijtc-714	130	55	table	table	NOUN
ijtc-714	130	56	2	2	NUM
ijtc-714	130	57	,	,	PUNCT
ijtc-714	130	58	the	the	DET
ijtc-714	130	59	logistic	logistic	ADJ
ijtc-714	130	60	regression	regression	NOUN
ijtc-714	130	61	results	result	NOUN
ijtc-714	130	62	show	show	VERB
ijtc-714	130	63	only	only	ADV
ijtc-714	130	64	a	a	DET
ijtc-714	130	65	-2ll	-2ll	NOUN
ijtc-714	130	66	(	(	PUNCT
ijtc-714	130	67	-2	-2	INTJ
ijtc-714	130	68	log	log	NOUN
ijtc-714	130	69	-	-	PUNCT
ijtc-714	130	70	likelihood	likelihood	NOUN
ijtc-714	130	71	)	)	PUNCT
ijtc-714	130	72	intercept	intercept	NOUN
ijtc-714	130	73	of	of	ADP
ijtc-714	130	74	503.521	503.521	NUM
ijtc-714	130	75	with	with	ADP
ijtc-714	130	76	a	a	DET
ijtc-714	130	77	final	final	ADJ
ijtc-714	130	78	-2ll	-2ll	NOUN
ijtc-714	130	79	(	(	PUNCT
ijtc-714	130	80	log-2	log-2	ADJ
ijtc-714	130	81	likelihood	likelihood	NOUN
ijtc-714	130	82	)	)	PUNCT
ijtc-714	130	83	of	of	ADP
ijtc-714	130	84	264,404	264,404	NUM
ijtc-714	130	85	,	,	PUNCT
ijtc-714	130	86	indicating	indicate	VERB
ijtc-714	130	87	a	a	DET
ijtc-714	130	88	significance	significance	NOUN
ijtc-714	130	89	level	level	NOUN
ijtc-714	130	90	.	.	PUNCT
ijtc-714	131	1	the	the	DET
ijtc-714	131	2	decrease	decrease	NOUN
ijtc-714	131	3	in	in	ADP
ijtc-714	131	4	the	the	DET
ijtc-714	131	5	value	value	NOUN
ijtc-714	131	6	is	be	AUX
ijtc-714	131	7	α	α	X
ijtc-714	131	8	<	<	X
ijtc-714	131	9	5	5	NUM
ijtc-714	131	10	%	%	NOUN
ijtc-714	131	11	,	,	PUNCT
ijtc-714	131	12	so	so	SCONJ
ijtc-714	131	13	it	it	PRON
ijtc-714	131	14	can	can	AUX
ijtc-714	131	15	be	be	AUX
ijtc-714	131	16	concluded	conclude	VERB
ijtc-714	131	17	that	that	SCONJ
ijtc-714	131	18	the	the	DET
ijtc-714	131	19	logistic	logistic	ADJ
ijtc-714	131	20	regression	regression	NOUN
ijtc-714	131	21	model	model	NOUN
ijtc-714	131	22	used	use	VERB
ijtc-714	131	23	is	be	AUX
ijtc-714	131	24	the	the	DET
ijtc-714	131	25	adjusted	adjusted	ADJ
ijtc-714	131	26	model	model	NOUN
ijtc-714	131	27	.	.	PUNCT
ijtc-714	132	1	test	test	NOUN
ijtc-714	132	2	for	for	ADP
ijtc-714	132	3	determination	determination	NOUN
ijtc-714	132	4	coefficient	coefficient	VERB
ijtc-714	132	5	https://www.ilomata.org/index.php/ijtc	https://www.ilomata.org/index.php/ijtc	ADJ
ijtc-714	132	6	effect	effect	NOUN
ijtc-714	132	7	of	of	ADP
ijtc-714	132	8	investment	investment	NOUN
ijtc-714	132	9	,	,	PUNCT
ijtc-714	132	10	free	free	ADJ
ijtc-714	132	11	cash	cash	NOUN
ijtc-714	132	12	flow	flow	NOUN
ijtc-714	132	13	,	,	PUNCT
ijtc-714	132	14	earnings	earning	NOUN
ijtc-714	132	15	management	management	NOUN
ijtc-714	132	16	,	,	PUNCT
ijtc-714	132	17	interest	interest	NOUN
ijtc-714	132	18	coverage	coverage	NOUN
ijtc-714	132	19	ratio	ratio	NOUN
ijtc-714	132	20	,	,	PUNCT
ijtc-714	132	21	liquidity	liquidity	NOUN
ijtc-714	132	22	,	,	PUNCT
ijtc-714	132	23	and	and	CCONJ
ijtc-714	132	24	leverage	leverage	NOUN
ijtc-714	132	25	on	on	ADP
ijtc-714	132	26	financial	financial	ADJ
ijtc-714	132	27	distress	distress	NOUN
ijtc-714	132	28	suranta	suranta	NOUN
ijtc-714	132	29	,	,	PUNCT
ijtc-714	132	30	satrio	satrio	PROPN
ijtc-714	132	31	,	,	PUNCT
ijtc-714	132	32	and	and	CCONJ
ijtc-714	132	33	midiastuty	midiastuty	NOUN
ijtc-714	132	34	289	289	NUM
ijtc-714	133	1	|	|	NOUN
ijtc-714	133	2	ilomata	ilomata	PROPN
ijtc-714	133	3	international	international	ADJ
ijtc-714	133	4	journal	journal	NOUN
ijtc-714	133	5	of	of	ADP
ijtc-714	133	6	tax	tax	PROPN
ijtc-714	133	7	&	&	CCONJ
ijtc-714	133	8	accounting	accounting	PROPN
ijtc-714	133	9	https://www.ilomata.org/index.php/ijtc	https://www.ilomata.org/index.php/ijtc	PROPN
ijtc-714	133	10	the	the	DET
ijtc-714	133	11	findings	finding	NOUN
ijtc-714	133	12	of	of	ADP
ijtc-714	133	13	calculating	calculate	VERB
ijtc-714	133	14	the	the	DET
ijtc-714	133	15	nagelkerke	nagelkerke	NOUN
ijtc-714	133	16	r	r	NOUN
ijtc-714	133	17	square	square	NOUN
ijtc-714	133	18	to	to	PART
ijtc-714	133	19	test	test	VERB
ijtc-714	133	20	the	the	DET
ijtc-714	133	21	coefficient	coefficient	NOUN
ijtc-714	133	22	of	of	ADP
ijtc-714	133	23	determination	determination	NOUN
ijtc-714	133	24	are	be	AUX
ijtc-714	133	25	shown	show	VERB
ijtc-714	133	26	in	in	ADP
ijtc-714	133	27	table	table	NOUN
ijtc-714	133	28	3	3	NUM
ijtc-714	133	29	below	below	ADV
ijtc-714	133	30	:	:	PUNCT
ijtc-714	133	31	“	"	PUNCT
ijtc-714	133	32	table	table	NOUN
ijtc-714	133	33	3	3	NUM
ijtc-714	133	34	test	test	NOUN
ijtc-714	133	35	of	of	ADP
ijtc-714	133	36	the	the	DET
ijtc-714	133	37	coefficient	coefficient	NOUN
ijtc-714	133	38	of	of	ADP
ijtc-714	133	39	determination	determination	NOUN
ijtc-714	133	40	”	"	PUNCT
ijtc-714	133	41	“	"	PUNCT
ijtc-714	133	42	equation	equation	NOUN
ijtc-714	133	43	models	model	NOUN
ijtc-714	133	44	”	"	PUNCT
ijtc-714	133	45	“	"	PUNCT
ijtc-714	133	46	nagelkerke	nagelkerke	NOUN
ijtc-714	133	47	r	r	PROPN
ijtc-714	133	48	square	square	NOUN
ijtc-714	133	49	”	"	PUNCT
ijtc-714	133	50	prob	prob	NOUN
ijtc-714	133	51	zsc	zsc	NOUN
ijtc-714	133	52	=	=	NOUN
ijtc-714	133	53	α+β1tag+β2fcf+β3dac+β4icr+β5cr+β6lev+	α+β1tag+β2fcf+β3dac+β4icr+β5cr+β6lev+	NOUN
ijtc-714	133	54	ϵ	ϵ	ADP
ijtc-714	133	55	0.631	0.631	NUM
ijtc-714	133	56	the	the	DET
ijtc-714	133	57	nagelkerke	nagelkerke	NOUN
ijtc-714	133	58	r	r	NOUN
ijtc-714	133	59	-	-	PUNCT
ijtc-714	133	60	squared	square	VERB
ijtc-714	133	61	value	value	NOUN
ijtc-714	133	62	is	be	AUX
ijtc-714	133	63	0.631	0.631	NUM
ijtc-714	133	64	.	.	PUNCT
ijtc-714	134	1	this	this	PRON
ijtc-714	134	2	means	mean	VERB
ijtc-714	134	3	the	the	DET
ijtc-714	134	4	independent	independent	ADJ
ijtc-714	134	5	variables	variable	NOUN
ijtc-714	134	6	explained	explain	VERB
ijtc-714	134	7	63.1	63.1	NUM
ijtc-714	134	8	%	%	NOUN
ijtc-714	134	9	of	of	ADP
ijtc-714	134	10	his	his	PRON
ijtc-714	134	11	financial	financial	ADJ
ijtc-714	134	12	difficulties	difficulty	NOUN
ijtc-714	134	13	and	and	CCONJ
ijtc-714	134	14	the	the	DET
ijtc-714	134	15	other	other	ADJ
ijtc-714	134	16	variables	variable	NOUN
ijtc-714	134	17	explained	explain	VERB
ijtc-714	134	18	37.9	37.9	NUM
ijtc-714	134	19	%	%	NOUN
ijtc-714	134	20	not	not	PART
ijtc-714	134	21	included	include	VERB
ijtc-714	134	22	in	in	ADP
ijtc-714	134	23	this	this	DET
ijtc-714	134	24	study	study	NOUN
ijtc-714	134	25	variable	variable	NOUN
ijtc-714	134	26	.	.	PUNCT
ijtc-714	135	1	table	table	NOUN
ijtc-714	135	2	4	4	NUM
ijtc-714	135	3	classification	classification	NOUN
ijtc-714	135	4	table	table	NOUN
ijtc-714	135	5	prediction	prediction	NOUN
ijtc-714	135	6	models	model	NOUN
ijtc-714	135	7	non	non	PRON
ijtc-714	135	8	financial	financial	ADJ
ijtc-714	135	9	distress	distress	NOUN
ijtc-714	135	10	financial	financial	ADJ
ijtc-714	135	11	distress	distress	NOUN
ijtc-714	135	12	percentage	percentage	NOUN
ijtc-714	135	13	“	"	PUNCT
ijtc-714	135	14	altman	altman	PROPN
ijtc-714	135	15	zscore	zscore	PROPN
ijtc-714	135	16	”	"	PUNCT
ijtc-714	135	17	“	"	PUNCT
ijtc-714	135	18	non	non	ADJ
ijtc-714	135	19	financial	financial	ADJ
ijtc-714	135	20	distress	distress	NOUN
ijtc-714	135	21	”	"	PUNCT
ijtc-714	135	22	“	"	PUNCT
ijtc-714	135	23	94	94	NUM
ijtc-714	135	24	”	"	PUNCT
ijtc-714	135	25	“	"	PUNCT
ijtc-714	135	26	40	40	NUM
ijtc-714	135	27	”	"	PUNCT
ijtc-714	135	28	“	"	PUNCT
ijtc-714	135	29	70.1”%	70.1”%	NUM
ijtc-714	135	30	financial	financial	ADJ
ijtc-714	135	31	distress	distress	NOUN
ijtc-714	135	32	“	"	PUNCT
ijtc-714	135	33	12	12	NUM
ijtc-714	135	34	”	"	PUNCT
ijtc-714	135	35	“	"	PUNCT
ijtc-714	135	36	246	246	NUM
ijtc-714	135	37	”	"	PUNCT
ijtc-714	135	38	“	"	PUNCT
ijtc-714	135	39	95.3”%	95.3”%	NUM
ijtc-714	135	40	“	"	PUNCT
ijtc-714	135	41	overall	overall	ADJ
ijtc-714	135	42	”	"	PUNCT
ijtc-714	135	43	“	"	PUNCT
ijtc-714	135	44	86.7”%	86.7”%	NUM
ijtc-714	135	45	table	table	NOUN
ijtc-714	135	46	4	4	NUM
ijtc-714	135	47	shows	show	VERB
ijtc-714	135	48	a	a	DET
ijtc-714	135	49	classification	classification	NOUN
ijtc-714	135	50	of	of	ADP
ijtc-714	135	51	bankruptcy	bankruptcy	NOUN
ijtc-714	135	52	prediction	prediction	NOUN
ijtc-714	135	53	models	model	NOUN
ijtc-714	135	54	using	use	VERB
ijtc-714	135	55	the	the	DET
ijtc-714	135	56	altman	altman	PROPN
ijtc-714	135	57	z	z	PROPN
ijtc-714	135	58	-	-	PUNCT
ijtc-714	135	59	score	score	NOUN
ijtc-714	135	60	model	model	NOUN
ijtc-714	135	61	showing	show	VERB
ijtc-714	135	62	a	a	DET
ijtc-714	135	63	value	value	NOUN
ijtc-714	135	64	of	of	ADP
ijtc-714	135	65	86.7	86.7	NUM
ijtc-714	135	66	%	%	NOUN
ijtc-714	135	67	.	.	PUNCT
ijtc-714	136	1	the	the	DET
ijtc-714	136	2	classification	classification	NOUN
ijtc-714	136	3	table	table	NOUN
ijtc-714	136	4	for	for	ADP
ijtc-714	136	5	companies	company	NOUN
ijtc-714	136	6	that	that	PRON
ijtc-714	136	7	are	be	AUX
ijtc-714	136	8	not	not	PART
ijtc-714	136	9	in	in	ADP
ijtc-714	136	10	trouble	trouble	NOUN
ijtc-714	136	11	shows	show	VERB
ijtc-714	136	12	a	a	DET
ijtc-714	136	13	value	value	NOUN
ijtc-714	136	14	of	of	ADP
ijtc-714	136	15	70.1	70.1	NUM
ijtc-714	136	16	%	%	NOUN
ijtc-714	136	17	.	.	PUNCT
ijtc-714	137	1	table	table	NOUN
ijtc-714	137	2	4	4	NUM
ijtc-714	137	3	shows	show	VERB
ijtc-714	137	4	that	that	PRON
ijtc-714	137	5	of	of	ADP
ijtc-714	137	6	the	the	DET
ijtc-714	137	7	134	134	NUM
ijtc-714	137	8	observations	observation	NOUN
ijtc-714	137	9	classified	classify	VERB
ijtc-714	137	10	as	as	ADP
ijtc-714	137	11	not	not	PART
ijtc-714	137	12	in	in	ADP
ijtc-714	137	13	financial	financial	ADJ
ijtc-714	137	14	distress	distress	NOUN
ijtc-714	137	15	,	,	PUNCT
ijtc-714	137	16	only	only	ADV
ijtc-714	137	17	94	94	NUM
ijtc-714	137	18	observations	observation	NOUN
ijtc-714	137	19	are	be	AUX
ijtc-714	137	20	financially	financially	ADV
ijtc-714	137	21	distressed	distressed	ADJ
ijtc-714	137	22	and	and	CCONJ
ijtc-714	137	23	all	all	DET
ijtc-714	137	24	40	40	NUM
ijtc-714	137	25	observations	observation	NOUN
ijtc-714	137	26	are	be	AUX
ijtc-714	137	27	not	not	PART
ijtc-714	137	28	financially	financially	ADV
ijtc-714	137	29	distressed	distressed	ADJ
ijtc-714	137	30	.	.	PUNCT
ijtc-714	138	1	this	this	PRON
ijtc-714	138	2	indicates	indicate	VERB
ijtc-714	138	3	that	that	SCONJ
ijtc-714	138	4	there	there	PRON
ijtc-714	138	5	is	be	VERB
ijtc-714	138	6	still	still	ADV
ijtc-714	138	7	a	a	DET
ijtc-714	138	8	type	type	NOUN
ijtc-714	138	9	i	i	PRON
ijtc-714	138	10	error	error	NOUN
ijtc-714	138	11	in	in	ADP
ijtc-714	138	12	altman	altman	PROPN
ijtc-714	138	13	's	's	PART
ijtc-714	138	14	model	model	NOUN
ijtc-714	138	15	for	for	ADP
ijtc-714	138	16	predicting	predict	VERB
ijtc-714	138	17	financial	financial	ADJ
ijtc-714	138	18	distress	distress	NOUN
ijtc-714	138	19	.	.	PUNCT
ijtc-714	139	1	similarly	similarly	ADV
ijtc-714	139	2	,	,	PUNCT
ijtc-714	139	3	financial	financial	ADJ
ijtc-714	139	4	distress	distress	NOUN
ijtc-714	139	5	firms	firm	NOUN
ijtc-714	139	6	rankings	ranking	VERB
ijtc-714	139	7	show	show	VERB
ijtc-714	139	8	a	a	DET
ijtc-714	139	9	value	value	NOUN
ijtc-714	139	10	of	of	ADP
ijtc-714	139	11	95.3	95.3	NUM
ijtc-714	139	12	%	%	NOUN
ijtc-714	139	13	.	.	PUNCT
ijtc-714	140	1	the	the	DET
ijtc-714	140	2	table	table	NOUN
ijtc-714	140	3	shows	show	VERB
ijtc-714	140	4	that	that	SCONJ
ijtc-714	140	5	while	while	SCONJ
ijtc-714	140	6	258	258	NUM
ijtc-714	140	7	observations	observation	NOUN
ijtc-714	140	8	are	be	AUX
ijtc-714	140	9	identified	identify	VERB
ijtc-714	140	10	as	as	ADP
ijtc-714	140	11	being	be	AUX
ijtc-714	140	12	in	in	ADP
ijtc-714	140	13	financial	financial	ADJ
ijtc-714	140	14	distress	distress	NOUN
ijtc-714	140	15	,	,	PUNCT
ijtc-714	140	16	12	12	NUM
ijtc-714	140	17	firms	firm	NOUN
ijtc-714	140	18	are	be	AUX
ijtc-714	140	19	also	also	ADV
ijtc-714	140	20	found	find	VERB
ijtc-714	140	21	to	to	PART
ijtc-714	140	22	not	not	PART
ijtc-714	140	23	be	be	AUX
ijtc-714	140	24	in	in	ADP
ijtc-714	140	25	financial	financial	ADJ
ijtc-714	140	26	distress	distress	NOUN
ijtc-714	140	27	,	,	PUNCT
ijtc-714	140	28	demonstrating	demonstrate	VERB
ijtc-714	140	29	that	that	SCONJ
ijtc-714	140	30	the	the	DET
ijtc-714	140	31	prediction	prediction	NOUN
ijtc-714	140	32	model	model	NOUN
ijtc-714	140	33	used	use	VERB
ijtc-714	140	34	in	in	ADP
ijtc-714	140	35	this	this	DET
ijtc-714	140	36	research	research	NOUN
ijtc-714	140	37	still	still	ADV
ijtc-714	140	38	includes	include	VERB
ijtc-714	140	39	type	type	NOUN
ijtc-714	140	40	ii	ii	NOUN
ijtc-714	140	41	errors	error	NOUN
ijtc-714	140	42	.	.	PUNCT
ijtc-714	141	1	hypothesis	hypothesis	NOUN
ijtc-714	141	2	test	test	NOUN
ijtc-714	141	3	the	the	DET
ijtc-714	141	4	results	result	NOUN
ijtc-714	141	5	of	of	ADP
ijtc-714	141	6	logistic	logistic	ADJ
ijtc-714	141	7	regression	regression	NOUN
ijtc-714	141	8	analysis	analysis	NOUN
ijtc-714	141	9	are	be	AUX
ijtc-714	141	10	shown	show	VERB
ijtc-714	141	11	in	in	ADP
ijtc-714	141	12	table	table	NOUN
ijtc-714	141	13	5	5	NUM
ijtc-714	141	14	below	below	ADV
ijtc-714	141	15	:	:	PUNCT
ijtc-714	141	16	prob	prob	PROPN
ijtc-714	141	17	zsc	zsc	NOUN
ijtc-714	141	18	=	=	NOUN
ijtc-714	141	19	α+β1tag+β2fcf+β3dac+β4icr+β5cr+β6lev+	α+β1tag+β2fcf+β3dac+β4icr+β5cr+β6lev+	NOUN
ijtc-714	141	20	ϵ	ϵ	PRON
ijtc-714	141	21	variable	variable	ADJ
ijtc-714	141	22	coefficient	coefficient	NOUN
ijtc-714	141	23	wald	wald	PROPN
ijtc-714	141	24	sig	sig	NOUN
ijtc-714	141	25	constant	constant	ADJ
ijtc-714	141	26	“	"	PUNCT
ijtc-714	141	27	2.748	2.748	NUM
ijtc-714	141	28	”	"	PUNCT
ijtc-714	141	29	“	"	PUNCT
ijtc-714	141	30	87.143	87.143	NUM
ijtc-714	141	31	”	"	PUNCT
ijtc-714	141	32	“	"	PUNCT
ijtc-714	141	33	0.000	0.000	NUM
ijtc-714	141	34	”	"	PUNCT
ijtc-714	141	35	total	total	ADJ
ijtc-714	141	36	aset	aset	NOUN
ijtc-714	141	37	growth	growth	NOUN
ijtc-714	141	38	(	(	PUNCT
ijtc-714	141	39	tag	tag	NOUN
ijtc-714	141	40	)	)	PUNCT
ijtc-714	141	41	“	"	PUNCT
ijtc-714	141	42	0.034	0.034	NUM
ijtc-714	141	43	”	"	PUNCT
ijtc-714	141	44	“	"	PUNCT
ijtc-714	141	45	0.055	0.055	NUM
ijtc-714	141	46	”	"	PUNCT
ijtc-714	141	47	“	"	PUNCT
ijtc-714	141	48	0.814	0.814	NUM
ijtc-714	141	49	”	"	PUNCT
ijtc-714	141	50	free	free	ADJ
ijtc-714	141	51	cash	cash	NOUN
ijtc-714	141	52	flow	flow	NOUN
ijtc-714	141	53	(	(	PUNCT
ijtc-714	141	54	fcf	fcf	NOUN
ijtc-714	141	55	)	)	PUNCT
ijtc-714	141	56	“	"	PUNCT
ijtc-714	141	57	-9.960	-9.960	CCONJ
ijtc-714	141	58	”	"	PUNCT
ijtc-714	141	59	“	"	PUNCT
ijtc-714	141	60	23.122	23.122	NUM
ijtc-714	141	61	”	"	PUNCT
ijtc-714	141	62	“	"	PUNCT
ijtc-714	141	63	0.000	0.000	NUM
ijtc-714	141	64	”	"	PUNCT
ijtc-714	141	65	earnings	earning	NOUN
ijtc-714	141	66	management	management	NOUN
ijtc-714	141	67	(	(	PUNCT
ijtc-714	141	68	dac	dac	PROPN
ijtc-714	141	69	)	)	PUNCT
ijtc-714	141	70	0.286	0.286	NUM
ijtc-714	141	71	”	"	PUNCT
ijtc-714	141	72	“	"	PUNCT
ijtc-714	141	73	0.063	0.063	NUM
ijtc-714	141	74	”	"	PUNCT
ijtc-714	141	75	“	"	PUNCT
ijtc-714	141	76	0.802	0.802	NUM
ijtc-714	141	77	”	"	PUNCT
ijtc-714	141	78	interest	interest	NOUN
ijtc-714	141	79	coverage	coverage	NOUN
ijtc-714	141	80	ratio	ratio	NOUN
ijtc-714	141	81	(	(	PUNCT
ijtc-714	141	82	icr	icr	PROPN
ijtc-714	141	83	)	)	PUNCT
ijtc-714	141	84	-0.061	-0.061	PROPN
ijtc-714	141	85	”	"	PUNCT
ijtc-714	141	86	“	"	PUNCT
ijtc-714	141	87	17.727	17.727	NUM
ijtc-714	141	88	”	"	PUNCT
ijtc-714	141	89	“	"	PUNCT
ijtc-714	141	90	0.000	0.000	NUM
ijtc-714	141	91	”	"	PUNCT
ijtc-714	141	92	liquidity	liquidity	NOUN
ijtc-714	141	93	(	(	PUNCT
ijtc-714	141	94	cr	cr	NOUN
ijtc-714	141	95	)	)	PUNCT
ijtc-714	141	96	“	"	PUNCT
ijtc-714	141	97	-0.383	-0.383	NOUN
ijtc-714	141	98	”	"	PUNCT
ijtc-714	141	99	“	"	PUNCT
ijtc-714	141	100	15.021	15.021	NUM
ijtc-714	141	101	”	"	PUNCT
ijtc-714	141	102	“	"	PUNCT
ijtc-714	141	103	0.000	0.000	NUM
ijtc-714	141	104	”	"	PUNCT
ijtc-714	141	105	leverage	leverage	NOUN
ijtc-714	141	106	(	(	PUNCT
ijtc-714	141	107	der	der	NOUN
ijtc-714	141	108	)	)	PUNCT
ijtc-714	141	109	“	"	PUNCT
ijtc-714	141	110	0.008	0.008	NUM
ijtc-714	141	111	”	"	PUNCT
ijtc-714	141	112	“	"	PUNCT
ijtc-714	141	113	0.109	0.109	NUM
ijtc-714	141	114	”	"	PUNCT
ijtc-714	141	115	“	"	PUNCT
ijtc-714	141	116	0.741	0.741	NUM
ijtc-714	141	117	”	"	PUNCT
ijtc-714	141	118	first	first	ADJ
ijtc-714	141	119	hypothesis	hypothesis	NOUN
ijtc-714	141	120	testing	testing	NOUN
ijtc-714	141	121	and	and	CCONJ
ijtc-714	141	122	discussion	discussion	NOUN
ijtc-714	141	123	https://www.ilomata.org/index.php/ijtc	https://www.ilomata.org/index.php/ijtc	ADJ
ijtc-714	141	124	effect	effect	NOUN
ijtc-714	141	125	of	of	ADP
ijtc-714	141	126	investment	investment	NOUN
ijtc-714	141	127	,	,	PUNCT
ijtc-714	141	128	free	free	ADJ
ijtc-714	141	129	cash	cash	NOUN
ijtc-714	141	130	flow	flow	NOUN
ijtc-714	141	131	,	,	PUNCT
ijtc-714	141	132	earnings	earning	NOUN
ijtc-714	141	133	management	management	NOUN
ijtc-714	141	134	,	,	PUNCT
ijtc-714	141	135	interest	interest	NOUN
ijtc-714	141	136	coverage	coverage	NOUN
ijtc-714	141	137	ratio	ratio	NOUN
ijtc-714	141	138	,	,	PUNCT
ijtc-714	141	139	liquidity	liquidity	NOUN
ijtc-714	141	140	,	,	PUNCT
ijtc-714	141	141	and	and	CCONJ
ijtc-714	141	142	leverage	leverage	NOUN
ijtc-714	141	143	on	on	ADP
ijtc-714	141	144	financial	financial	ADJ
ijtc-714	141	145	distress	distress	NOUN
ijtc-714	141	146	suranta	suranta	NOUN
ijtc-714	141	147	,	,	PUNCT
ijtc-714	141	148	satrio	satrio	PROPN
ijtc-714	141	149	,	,	PUNCT
ijtc-714	141	150	and	and	CCONJ
ijtc-714	141	151	midiastuty	midiastuty	VERB
ijtc-714	141	152	290	290	NUM
ijtc-714	141	153	|	|	NOUN
ijtc-714	141	154	ilomata	ilomata	PROPN
ijtc-714	141	155	international	international	ADJ
ijtc-714	141	156	journal	journal	NOUN
ijtc-714	141	157	of	of	ADP
ijtc-714	141	158	tax	tax	PROPN
ijtc-714	141	159	&	&	CCONJ
ijtc-714	141	160	accounting	accounting	PROPN
ijtc-714	141	161	https://www.ilomata.org/index.php/ijtc	https://www.ilomata.org/index.php/ijtc	PROPN
ijtc-714	141	162	the	the	DET
ijtc-714	141	163	coefficient	coefficient	NOUN
ijtc-714	141	164	value	value	NOUN
ijtc-714	141	165	of	of	ADP
ijtc-714	141	166	the	the	DET
ijtc-714	141	167	total	total	ADJ
ijtc-714	141	168	assets	asset	NOUN
ijtc-714	141	169	growth	growth	NOUN
ijtc-714	141	170	(	(	PUNCT
ijtc-714	141	171	tag	tag	NOUN
ijtc-714	141	172	)	)	PUNCT
ijtc-714	141	173	variable	variable	NOUN
ijtc-714	141	174	is	be	AUX
ijtc-714	141	175	2,748	2,748	NUM
ijtc-714	141	176	with	with	ADP
ijtc-714	141	177	a	a	DET
ijtc-714	141	178	significance	significance	NOUN
ijtc-714	141	179	level	level	NOUN
ijtc-714	141	180	of	of	ADP
ijtc-714	141	181	0.841	0.841	NUM
ijtc-714	141	182	(	(	PUNCT
ijtc-714	141	183	α	α	X
ijtc-714	141	184	>	>	X
ijtc-714	141	185	5	5	NUM
ijtc-714	141	186	%	%	NOUN
ijtc-714	141	187	)	)	PUNCT
ijtc-714	141	188	,	,	PUNCT
ijtc-714	141	189	which	which	PRON
ijtc-714	141	190	means	mean	VERB
ijtc-714	141	191	hypothesis	hypothesis	NOUN
ijtc-714	141	192	1	1	NUM
ijtc-714	141	193	,	,	PUNCT
ijtc-714	141	194	which	which	PRON
ijtc-714	141	195	posits	posit	VERB
ijtc-714	141	196	that	that	SCONJ
ijtc-714	141	197	investment	investment	NOUN
ijtc-714	141	198	decisions	decision	NOUN
ijtc-714	141	199	have	have	VERB
ijtc-714	141	200	a	a	DET
ijtc-714	141	201	negative	negative	ADJ
ijtc-714	141	202	impact	impact	NOUN
ijtc-714	141	203	on	on	ADP
ijtc-714	141	204	financial	financial	ADJ
ijtc-714	141	205	distress	distress	NOUN
ijtc-714	141	206	,	,	PUNCT
ijtc-714	141	207	is	be	AUX
ijtc-714	141	208	rejected	reject	VERB
ijtc-714	141	209	,	,	PUNCT
ijtc-714	141	210	indicating	indicate	VERB
ijtc-714	141	211	that	that	SCONJ
ijtc-714	141	212	the	the	DET
ijtc-714	141	213	total	total	ADJ
ijtc-714	141	214	asset	asset	NOUN
ijtc-714	141	215	growth	growth	NOUN
ijtc-714	141	216	(	(	PUNCT
ijtc-714	141	217	tag	tag	NOUN
ijtc-714	141	218	)	)	PUNCT
ijtc-714	141	219	variable	variable	NOUN
ijtc-714	141	220	has	have	VERB
ijtc-714	141	221	no	no	DET
ijtc-714	141	222	significant	significant	ADJ
ijtc-714	141	223	effect	effect	NOUN
ijtc-714	141	224	on	on	ADP
ijtc-714	141	225	financial	financial	ADJ
ijtc-714	141	226	distress	distress	NOUN
ijtc-714	141	227	.	.	PUNCT
ijtc-714	142	1	signal	signal	PROPN
ijtc-714	142	2	theory	theory	NOUN
ijtc-714	142	3	states	state	VERB
ijtc-714	142	4	that	that	SCONJ
ijtc-714	142	5	an	an	DET
ijtc-714	142	6	increase	increase	NOUN
ijtc-714	142	7	in	in	ADP
ijtc-714	142	8	asset	asset	NOUN
ijtc-714	142	9	value	value	NOUN
ijtc-714	142	10	reflects	reflect	VERB
ijtc-714	142	11	the	the	DET
ijtc-714	142	12	firm	firm	NOUN
ijtc-714	142	13	's	's	PART
ijtc-714	142	14	growth	growth	NOUN
ijtc-714	142	15	phase	phase	NOUN
ijtc-714	142	16	,	,	PUNCT
ijtc-714	142	17	indicating	indicate	VERB
ijtc-714	142	18	that	that	SCONJ
ijtc-714	142	19	the	the	DET
ijtc-714	142	20	company	company	NOUN
ijtc-714	142	21	has	have	VERB
ijtc-714	142	22	sufficient	sufficient	ADJ
ijtc-714	142	23	funds	fund	NOUN
ijtc-714	142	24	and	and	CCONJ
ijtc-714	142	25	significant	significant	ADJ
ijtc-714	142	26	profits	profit	NOUN
ijtc-714	142	27	,	,	PUNCT
ijtc-714	142	28	which	which	PRON
ijtc-714	142	29	sends	send	VERB
ijtc-714	142	30	a	a	DET
ijtc-714	142	31	positive	positive	ADJ
ijtc-714	142	32	signal	signal	NOUN
ijtc-714	142	33	to	to	ADP
ijtc-714	142	34	investors	investor	NOUN
ijtc-714	142	35	.	.	PUNCT
ijtc-714	143	1	nonetheless	nonetheless	ADV
ijtc-714	143	2	,	,	PUNCT
ijtc-714	143	3	total	total	ADJ
ijtc-714	143	4	asset	asset	NOUN
ijtc-714	143	5	growth	growth	NOUN
ijtc-714	143	6	does	do	AUX
ijtc-714	143	7	not	not	PART
ijtc-714	143	8	have	have	VERB
ijtc-714	143	9	a	a	DET
ijtc-714	143	10	significant	significant	ADJ
ijtc-714	143	11	impact	impact	NOUN
ijtc-714	143	12	on	on	ADP
ijtc-714	143	13	financial	financial	ADJ
ijtc-714	143	14	distress	distress	NOUN
ijtc-714	143	15	,	,	PUNCT
ijtc-714	143	16	indicating	indicate	VERB
ijtc-714	143	17	that	that	SCONJ
ijtc-714	143	18	asset	asset	NOUN
ijtc-714	143	19	value	value	NOUN
ijtc-714	143	20	growth	growth	NOUN
ijtc-714	143	21	is	be	AUX
ijtc-714	143	22	not	not	PART
ijtc-714	143	23	a	a	DET
ijtc-714	143	24	reliable	reliable	ADJ
ijtc-714	143	25	indicator	indicator	NOUN
ijtc-714	143	26	of	of	ADP
ijtc-714	143	27	a	a	DET
ijtc-714	143	28	company	company	NOUN
ijtc-714	143	29	's	's	PART
ijtc-714	143	30	financial	financial	ADJ
ijtc-714	143	31	difficulties	difficulty	NOUN
ijtc-714	143	32	.	.	PUNCT
ijtc-714	144	1	according	accord	VERB
ijtc-714	144	2	to	to	ADP
ijtc-714	144	3	agency	agency	NOUN
ijtc-714	144	4	theory	theory	NOUN
ijtc-714	144	5	,	,	PUNCT
ijtc-714	144	6	managers	manager	NOUN
ijtc-714	144	7	have	have	VERB
ijtc-714	144	8	greater	great	ADJ
ijtc-714	144	9	information	information	NOUN
ijtc-714	144	10	and	and	CCONJ
ijtc-714	144	11	control	control	NOUN
ijtc-714	144	12	over	over	ADP
ijtc-714	144	13	the	the	DET
ijtc-714	144	14	company	company	NOUN
ijtc-714	144	15	than	than	ADP
ijtc-714	144	16	investors	investor	NOUN
ijtc-714	144	17	,	,	PUNCT
ijtc-714	144	18	leading	lead	VERB
ijtc-714	144	19	investors	investor	NOUN
ijtc-714	144	20	to	to	PART
ijtc-714	144	21	hope	hope	VERB
ijtc-714	144	22	that	that	SCONJ
ijtc-714	144	23	managers	manager	NOUN
ijtc-714	144	24	will	will	AUX
ijtc-714	144	25	act	act	VERB
ijtc-714	144	26	as	as	ADP
ijtc-714	144	27	stewards	steward	NOUN
ijtc-714	144	28	and	and	CCONJ
ijtc-714	144	29	make	make	VERB
ijtc-714	144	30	profitable	profitable	ADJ
ijtc-714	144	31	investment	investment	NOUN
ijtc-714	144	32	decisions	decision	NOUN
ijtc-714	144	33	with	with	ADP
ijtc-714	144	34	a	a	DET
ijtc-714	144	35	positive	positive	ADJ
ijtc-714	144	36	net	net	ADJ
ijtc-714	144	37	present	present	ADJ
ijtc-714	144	38	value	value	NOUN
ijtc-714	144	39	.	.	PUNCT
ijtc-714	145	1	the	the	DET
ijtc-714	145	2	investment	investment	NOUN
ijtc-714	145	3	opportunity	opportunity	NOUN
ijtc-714	145	4	set	set	NOUN
ijtc-714	145	5	is	be	AUX
ijtc-714	145	6	a	a	DET
ijtc-714	145	7	representation	representation	NOUN
ijtc-714	145	8	of	of	ADP
ijtc-714	145	9	the	the	DET
ijtc-714	145	10	most	most	ADV
ijtc-714	145	11	profitable	profitable	ADJ
ijtc-714	145	12	investment	investment	NOUN
ijtc-714	145	13	that	that	PRON
ijtc-714	145	14	a	a	DET
ijtc-714	145	15	company	company	NOUN
ijtc-714	145	16	will	will	AUX
ijtc-714	145	17	choose	choose	VERB
ijtc-714	145	18	using	use	VERB
ijtc-714	145	19	total	total	ADJ
ijtc-714	145	20	asset	asset	NOUN
ijtc-714	145	21	growth	growth	NOUN
ijtc-714	145	22	as	as	ADP
ijtc-714	145	23	a	a	DET
ijtc-714	145	24	proxy	proxy	NOUN
ijtc-714	145	25	.	.	PUNCT
ijtc-714	146	1	however	however	ADV
ijtc-714	146	2	,	,	PUNCT
ijtc-714	146	3	issues	issue	NOUN
ijtc-714	146	4	arise	arise	VERB
ijtc-714	146	5	if	if	SCONJ
ijtc-714	146	6	firms	firm	NOUN
ijtc-714	146	7	continually	continually	ADV
ijtc-714	146	8	fund	fund	VERB
ijtc-714	146	9	investments	investment	NOUN
ijtc-714	146	10	with	with	ADP
ijtc-714	146	11	debt	debt	NOUN
ijtc-714	146	12	.	.	PUNCT
ijtc-714	147	1	as	as	ADP
ijtc-714	147	2	a	a	DET
ijtc-714	147	3	result	result	NOUN
ijtc-714	147	4	,	,	PUNCT
ijtc-714	147	5	companies	company	NOUN
ijtc-714	147	6	that	that	PRON
ijtc-714	147	7	are	be	AUX
ijtc-714	147	8	in	in	ADP
ijtc-714	147	9	financial	financial	ADJ
ijtc-714	147	10	distress	distress	NOUN
ijtc-714	147	11	often	often	ADV
ijtc-714	147	12	experience	experience	VERB
ijtc-714	147	13	an	an	DET
ijtc-714	147	14	increase	increase	NOUN
ijtc-714	147	15	in	in	ADP
ijtc-714	147	16	assets	asset	NOUN
ijtc-714	147	17	since	since	SCONJ
ijtc-714	147	18	they	they	PRON
ijtc-714	147	19	finance	finance	VERB
ijtc-714	147	20	their	their	PRON
ijtc-714	147	21	investment	investment	NOUN
ijtc-714	147	22	decisions	decision	NOUN
ijtc-714	147	23	using	use	VERB
ijtc-714	147	24	debt	debt	NOUN
ijtc-714	147	25	.	.	PUNCT
ijtc-714	148	1	(	(	PUNCT
ijtc-714	148	2	almilia	almilia	PROPN
ijtc-714	148	3	&	&	CCONJ
ijtc-714	148	4	kristijadi	kristijadi	PROPN
ijtc-714	148	5	,	,	PUNCT
ijtc-714	148	6	2003	2003	NUM
ijtc-714	148	7	;	;	PUNCT
ijtc-714	148	8	epato	epato	NOUN
ijtc-714	148	9	,	,	PUNCT
ijtc-714	148	10	2020	2020	NUM
ijtc-714	148	11	)	)	PUNCT
ijtc-714	148	12	found	find	VERB
ijtc-714	148	13	different	different	ADJ
ijtc-714	148	14	results	result	NOUN
ijtc-714	148	15	where	where	SCONJ
ijtc-714	148	16	financial	financial	ADJ
ijtc-714	148	17	distress	distress	NOUN
ijtc-714	148	18	has	have	VERB
ijtc-714	148	19	a	a	DET
ijtc-714	148	20	negative	negative	ADJ
ijtc-714	148	21	effect	effect	NOUN
ijtc-714	148	22	on	on	ADP
ijtc-714	148	23	investment	investment	NOUN
ijtc-714	148	24	decisions	decision	NOUN
ijtc-714	148	25	.	.	PUNCT
ijtc-714	149	1	meanwhile	meanwhile	ADV
ijtc-714	149	2	(	(	PUNCT
ijtc-714	149	3	almilia	almilia	PROPN
ijtc-714	149	4	&	&	CCONJ
ijtc-714	149	5	kristijadi	kristijadi	PROPN
ijtc-714	149	6	,	,	PUNCT
ijtc-714	149	7	2003	2003	NUM
ijtc-714	149	8	)	)	PUNCT
ijtc-714	149	9	stated	state	VERB
ijtc-714	149	10	that	that	SCONJ
ijtc-714	149	11	asset	asset	NOUN
ijtc-714	149	12	growth	growth	NOUN
ijtc-714	149	13	has	have	VERB
ijtc-714	149	14	a	a	DET
ijtc-714	149	15	negative	negative	ADJ
ijtc-714	149	16	and	and	CCONJ
ijtc-714	149	17	significant	significant	ADJ
ijtc-714	149	18	effect	effect	NOUN
ijtc-714	149	19	on	on	ADP
ijtc-714	149	20	financial	financial	ADJ
ijtc-714	149	21	distress	distress	NOUN
ijtc-714	149	22	.	.	PUNCT
ijtc-714	150	1	because	because	SCONJ
ijtc-714	150	2	a	a	DET
ijtc-714	150	3	healthy	healthy	ADJ
ijtc-714	150	4	firm	firm	NOUN
ijtc-714	150	5	tends	tend	VERB
ijtc-714	150	6	to	to	PART
ijtc-714	150	7	invest	invest	VERB
ijtc-714	150	8	in	in	ADP
ijtc-714	150	9	real	real	ADJ
ijtc-714	150	10	and	and	CCONJ
ijtc-714	150	11	financial	financial	ADJ
ijtc-714	150	12	assets	asset	NOUN
ijtc-714	150	13	effectively	effectively	ADV
ijtc-714	150	14	to	to	PART
ijtc-714	150	15	expedite	expedite	VERB
ijtc-714	150	16	the	the	DET
ijtc-714	150	17	firm	firm	NOUN
ijtc-714	150	18	's	's	PART
ijtc-714	150	19	operating	operating	NOUN
ijtc-714	150	20	activities	activity	NOUN
ijtc-714	150	21	.	.	PUNCT
ijtc-714	151	1	however	however	ADV
ijtc-714	151	2	,	,	PUNCT
ijtc-714	151	3	these	these	DET
ijtc-714	151	4	results	result	NOUN
ijtc-714	151	5	are	be	AUX
ijtc-714	151	6	consistent	consistent	ADJ
ijtc-714	151	7	with	with	ADP
ijtc-714	151	8	the	the	DET
ijtc-714	151	9	research	research	NOUN
ijtc-714	151	10	by	by	ADP
ijtc-714	151	11	(	(	PUNCT
ijtc-714	151	12	audina	audina	PROPN
ijtc-714	151	13	,	,	PUNCT
ijtc-714	151	14	2018	2018	NUM
ijtc-714	151	15	;	;	PUNCT
ijtc-714	151	16	fadhilah	fadhilah	VERB
ijtc-714	151	17	,	,	PUNCT
ijtc-714	151	18	2020	2020	NUM
ijtc-714	151	19	)	)	PUNCT
ijtc-714	151	20	which	which	PRON
ijtc-714	151	21	state	state	NOUN
ijtc-714	151	22	that	that	SCONJ
ijtc-714	151	23	total	total	ADJ
ijtc-714	151	24	assets	asset	NOUN
ijtc-714	151	25	growth	growth	NOUN
ijtc-714	151	26	does	do	AUX
ijtc-714	151	27	not	not	PART
ijtc-714	151	28	affect	affect	VERB
ijtc-714	151	29	the	the	DET
ijtc-714	151	30	financial	financial	ADJ
ijtc-714	151	31	distress	distress	NOUN
ijtc-714	151	32	of	of	ADP
ijtc-714	151	33	a	a	DET
ijtc-714	151	34	company	company	NOUN
ijtc-714	151	35	because	because	SCONJ
ijtc-714	151	36	adding	add	VERB
ijtc-714	151	37	asset	asset	NOUN
ijtc-714	151	38	value	value	NOUN
ijtc-714	151	39	is	be	AUX
ijtc-714	151	40	a	a	DET
ijtc-714	151	41	longterm	longterm	ADJ
ijtc-714	151	42	investment	investment	NOUN
ijtc-714	151	43	for	for	ADP
ijtc-714	151	44	the	the	DET
ijtc-714	151	45	company	company	NOUN
ijtc-714	151	46	which	which	PRON
ijtc-714	151	47	is	be	AUX
ijtc-714	151	48	expected	expect	VERB
ijtc-714	151	49	to	to	PART
ijtc-714	151	50	increase	increase	VERB
ijtc-714	151	51	company	company	NOUN
ijtc-714	151	52	activity	activity	NOUN
ijtc-714	151	53	in	in	ADP
ijtc-714	151	54	the	the	DET
ijtc-714	151	55	future	future	NOUN
ijtc-714	151	56	.	.	PUNCT
ijtc-714	152	1	come	come	VERB
ijtc-714	152	2	so	so	SCONJ
ijtc-714	152	3	that	that	SCONJ
ijtc-714	152	4	companies	company	NOUN
ijtc-714	152	5	experiencing	experience	VERB
ijtc-714	152	6	financial	financial	ADJ
ijtc-714	152	7	distress	distress	NOUN
ijtc-714	152	8	also	also	ADV
ijtc-714	152	9	try	try	VERB
ijtc-714	152	10	to	to	PART
ijtc-714	152	11	increase	increase	VERB
ijtc-714	152	12	their	their	PRON
ijtc-714	152	13	firm	firm	NOUN
ijtc-714	152	14	's	's	PART
ijtc-714	152	15	activities	activity	NOUN
ijtc-714	152	16	to	to	PART
ijtc-714	152	17	get	get	VERB
ijtc-714	152	18	out	out	ADP
ijtc-714	152	19	of	of	ADP
ijtc-714	152	20	this	this	DET
ijtc-714	152	21	financial	financial	ADJ
ijtc-714	152	22	distress	distress	NOUN
ijtc-714	152	23	condition	condition	NOUN
ijtc-714	152	24	second	second	ADJ
ijtc-714	152	25	hypothesis	hypothesis	NOUN
ijtc-714	152	26	testing	testing	NOUN
ijtc-714	152	27	and	and	CCONJ
ijtc-714	152	28	discussion	discussion	VERB
ijtc-714	152	29	the	the	DET
ijtc-714	152	30	coefficient	coefficient	NOUN
ijtc-714	152	31	value	value	NOUN
ijtc-714	152	32	for	for	ADP
ijtc-714	152	33	the	the	DET
ijtc-714	152	34	free	free	ADJ
ijtc-714	152	35	cash	cash	NOUN
ijtc-714	152	36	flow	flow	NOUN
ijtc-714	152	37	variable	variable	NOUN
ijtc-714	152	38	is	be	AUX
ijtc-714	152	39	-9,960	-9,960	NUM
ijtc-714	152	40	with	with	ADP
ijtc-714	152	41	a	a	DET
ijtc-714	152	42	significance	significance	NOUN
ijtc-714	152	43	level	level	NOUN
ijtc-714	152	44	of	of	ADP
ijtc-714	152	45	α	α	NOUN
ijtc-714	152	46	<	<	X
ijtc-714	152	47	5	5	NUM
ijtc-714	152	48	%	%	NOUN
ijtc-714	152	49	.	.	PUNCT
ijtc-714	153	1	hence	hence	ADV
ijtc-714	153	2	,	,	PUNCT
ijtc-714	153	3	hypothesis	hypothesis	NOUN
ijtc-714	153	4	2	2	NUM
ijtc-714	153	5	which	which	PRON
ijtc-714	153	6	posits	posit	VERB
ijtc-714	153	7	that	that	PRON
ijtc-714	153	8	free	free	ADJ
ijtc-714	153	9	cash	cash	NOUN
ijtc-714	153	10	flow	flow	NOUN
ijtc-714	153	11	has	have	VERB
ijtc-714	153	12	a	a	DET
ijtc-714	153	13	negative	negative	ADJ
ijtc-714	153	14	effect	effect	NOUN
ijtc-714	153	15	on	on	ADP
ijtc-714	153	16	financial	financial	ADJ
ijtc-714	153	17	distress	distress	NOUN
ijtc-714	153	18	is	be	AUX
ijtc-714	153	19	accepted	accept	VERB
ijtc-714	153	20	.	.	PUNCT
ijtc-714	154	1	the	the	DET
ijtc-714	154	2	logistic	logistic	ADJ
ijtc-714	154	3	regression	regression	NOUN
ijtc-714	154	4	findings	finding	NOUN
ijtc-714	154	5	reveal	reveal	VERB
ijtc-714	154	6	that	that	SCONJ
ijtc-714	154	7	the	the	DET
ijtc-714	154	8	fcf	fcf	PROPN
ijtc-714	154	9	variable	variable	NOUN
ijtc-714	154	10	has	have	VERB
ijtc-714	154	11	a	a	DET
ijtc-714	154	12	significant	significant	ADJ
ijtc-714	154	13	adverse	adverse	ADJ
ijtc-714	154	14	effect	effect	NOUN
ijtc-714	154	15	on	on	ADP
ijtc-714	154	16	financial	financial	ADJ
ijtc-714	154	17	distress	distress	NOUN
ijtc-714	154	18	,	,	PUNCT
ijtc-714	154	19	meaning	mean	VERB
ijtc-714	154	20	that	that	SCONJ
ijtc-714	154	21	a	a	DET
ijtc-714	154	22	higher	higher	ADV
ijtc-714	154	23	free	free	ADJ
ijtc-714	154	24	cash	cash	NOUN
ijtc-714	154	25	flow	flow	NOUN
ijtc-714	154	26	leads	lead	VERB
ijtc-714	154	27	to	to	ADP
ijtc-714	154	28	lower	low	ADJ
ijtc-714	154	29	levels	level	NOUN
ijtc-714	154	30	of	of	ADP
ijtc-714	154	31	financial	financial	ADJ
ijtc-714	154	32	distress	distress	NOUN
ijtc-714	154	33	for	for	ADP
ijtc-714	154	34	the	the	DET
ijtc-714	154	35	company	company	NOUN
ijtc-714	154	36	.	.	PUNCT
ijtc-714	155	1	signal	signal	PROPN
ijtc-714	155	2	theory	theory	NOUN
ijtc-714	155	3	suggests	suggest	VERB
ijtc-714	155	4	that	that	SCONJ
ijtc-714	155	5	having	have	VERB
ijtc-714	155	6	a	a	DET
ijtc-714	155	7	high	high	ADJ
ijtc-714	155	8	free	free	ADJ
ijtc-714	155	9	cash	cash	NOUN
ijtc-714	155	10	flow	flow	NOUN
ijtc-714	155	11	is	be	AUX
ijtc-714	155	12	a	a	DET
ijtc-714	155	13	positive	positive	ADJ
ijtc-714	155	14	indicator	indicator	NOUN
ijtc-714	155	15	for	for	ADP
ijtc-714	155	16	investors	investor	NOUN
ijtc-714	155	17	as	as	SCONJ
ijtc-714	155	18	it	it	PRON
ijtc-714	155	19	indicates	indicate	VERB
ijtc-714	155	20	that	that	SCONJ
ijtc-714	155	21	the	the	DET
ijtc-714	155	22	company	company	NOUN
ijtc-714	155	23	has	have	VERB
ijtc-714	155	24	excess	excess	ADJ
ijtc-714	155	25	cash	cash	NOUN
ijtc-714	155	26	that	that	PRON
ijtc-714	155	27	can	can	AUX
ijtc-714	155	28	be	be	AUX
ijtc-714	155	29	utilized	utilize	VERB
ijtc-714	155	30	for	for	ADP
ijtc-714	155	31	external	external	ADJ
ijtc-714	155	32	business	business	NOUN
ijtc-714	155	33	expansion	expansion	NOUN
ijtc-714	155	34	or	or	CCONJ
ijtc-714	155	35	paying	pay	VERB
ijtc-714	155	36	dividends	dividend	NOUN
ijtc-714	155	37	to	to	ADP
ijtc-714	155	38	investors	investor	NOUN
ijtc-714	155	39	.	.	PUNCT
ijtc-714	156	1	the	the	DET
ijtc-714	156	2	agency	agency	NOUN
ijtc-714	156	3	theory	theory	NOUN
ijtc-714	156	4	relates	relate	VERB
ijtc-714	156	5	to	to	PART
ijtc-714	156	6	free	free	ADJ
ijtc-714	156	7	cash	cash	NOUN
ijtc-714	156	8	flow	flow	NOUN
ijtc-714	156	9	in	in	ADP
ijtc-714	156	10	the	the	DET
ijtc-714	156	11	sense	sense	NOUN
ijtc-714	156	12	that	that	SCONJ
ijtc-714	156	13	managers	manager	NOUN
ijtc-714	156	14	,	,	PUNCT
ijtc-714	156	15	attempting	attempt	VERB
ijtc-714	156	16	to	to	PART
ijtc-714	156	17	increase	increase	VERB
ijtc-714	156	18	their	their	PRON
ijtc-714	156	19	personal	personal	ADJ
ijtc-714	156	20	wealth	wealth	NOUN
ijtc-714	156	21	,	,	PUNCT
ijtc-714	156	22	may	may	AUX
ijtc-714	156	23	prioritize	prioritize	VERB
ijtc-714	156	24	free	free	ADJ
ijtc-714	156	25	cash	cash	NOUN
ijtc-714	156	26	flow	flow	NOUN
ijtc-714	156	27	.	.	PUNCT
ijtc-714	157	1	as	as	ADP
ijtc-714	157	2	a	a	DET
ijtc-714	157	3	result	result	NOUN
ijtc-714	157	4	,	,	PUNCT
ijtc-714	157	5	companies	company	NOUN
ijtc-714	157	6	with	with	ADP
ijtc-714	157	7	high	high	ADJ
ijtc-714	157	8	free	free	ADJ
ijtc-714	157	9	cash	cash	NOUN
ijtc-714	157	10	flow	flow	NOUN
ijtc-714	157	11	are	be	AUX
ijtc-714	157	12	less	less	ADV
ijtc-714	157	13	likely	likely	ADJ
ijtc-714	157	14	to	to	PART
ijtc-714	157	15	experience	experience	VERB
ijtc-714	157	16	financial	financial	ADJ
ijtc-714	157	17	distress	distress	NOUN
ijtc-714	157	18	.	.	PUNCT
ijtc-714	158	1	however	however	ADV
ijtc-714	158	2	,	,	PUNCT
ijtc-714	158	3	under	under	ADP
ijtc-714	158	4	the	the	DET
ijtc-714	158	5	free	free	ADJ
ijtc-714	158	6	cash	cash	NOUN
ijtc-714	158	7	flow	flow	NOUN
ijtc-714	158	8	hypothesis	hypothesis	NOUN
ijtc-714	158	9	,	,	PUNCT
ijtc-714	158	10	the	the	DET
ijtc-714	158	11	firm	firm	NOUN
ijtc-714	158	12	may	may	AUX
ijtc-714	158	13	encounter	encounter	VERB
ijtc-714	158	14	an	an	DET
ijtc-714	158	15	agency	agency	NOUN
ijtc-714	158	16	problem	problem	NOUN
ijtc-714	158	17	when	when	SCONJ
ijtc-714	158	18	investors	investor	NOUN
ijtc-714	158	19	anticipate	anticipate	VERB
ijtc-714	158	20	dividends	dividend	NOUN
ijtc-714	158	21	from	from	ADP
ijtc-714	158	22	the	the	DET
ijtc-714	158	23	free	free	ADJ
ijtc-714	158	24	cash	cash	NOUN
ijtc-714	158	25	flow	flow	NOUN
ijtc-714	158	26	available	available	ADJ
ijtc-714	158	27	,	,	PUNCT
ijtc-714	158	28	but	but	CCONJ
ijtc-714	158	29	the	the	DET
ijtc-714	158	30	company	company	NOUN
ijtc-714	158	31	tends	tend	VERB
ijtc-714	158	32	to	to	PART
ijtc-714	158	33	choose	choose	VERB
ijtc-714	158	34	business	business	NOUN
ijtc-714	158	35	expansion	expansion	NOUN
ijtc-714	158	36	instead	instead	ADV
ijtc-714	158	37	.	.	PUNCT
ijtc-714	159	1	this	this	DET
ijtc-714	159	2	research	research	NOUN
ijtc-714	159	3	supports	support	VERB
ijtc-714	159	4	the	the	DET
ijtc-714	159	5	findings	finding	NOUN
ijtc-714	159	6	of	of	ADP
ijtc-714	159	7	(	(	PUNCT
ijtc-714	159	8	setiany	setiany	ADJ
ijtc-714	159	9	,	,	PUNCT
ijtc-714	159	10	2021	2021	NUM
ijtc-714	159	11	)	)	PUNCT
ijtc-714	159	12	which	which	PRON
ijtc-714	159	13	suggest	suggest	VERB
ijtc-714	159	14	that	that	SCONJ
ijtc-714	159	15	free	free	ADJ
ijtc-714	159	16	cash	cash	NOUN
ijtc-714	159	17	flow	flow	NOUN
ijtc-714	159	18	is	be	AUX
ijtc-714	159	19	an	an	DET
ijtc-714	159	20	indicator	indicator	NOUN
ijtc-714	159	21	of	of	ADP
ijtc-714	159	22	a	a	DET
ijtc-714	159	23	company	company	NOUN
ijtc-714	159	24	's	's	PART
ijtc-714	159	25	financial	financial	ADJ
ijtc-714	159	26	situation	situation	NOUN
ijtc-714	159	27	.	.	PUNCT
ijtc-714	160	1	a	a	DET
ijtc-714	160	2	company	company	NOUN
ijtc-714	160	3	with	with	ADP
ijtc-714	160	4	good	good	ADJ
ijtc-714	160	5	financial	financial	ADJ
ijtc-714	160	6	health	health	NOUN
ijtc-714	160	7	will	will	AUX
ijtc-714	160	8	typically	typically	ADV
ijtc-714	160	9	have	have	VERB
ijtc-714	160	10	a	a	DET
ijtc-714	160	11	high	high	ADJ
ijtc-714	160	12	free	free	ADJ
ijtc-714	160	13	cash	cash	NOUN
ijtc-714	160	14	flow	flow	NOUN
ijtc-714	160	15	,	,	PUNCT
ijtc-714	160	16	while	while	SCONJ
ijtc-714	160	17	a	a	DET
ijtc-714	160	18	company	company	NOUN
ijtc-714	160	19	with	with	ADP
ijtc-714	160	20	poor	poor	ADJ
ijtc-714	160	21	financial	financial	ADJ
ijtc-714	160	22	health	health	NOUN
ijtc-714	160	23	will	will	AUX
ijtc-714	160	24	have	have	VERB
ijtc-714	160	25	a	a	DET
ijtc-714	160	26	low	low	ADJ
ijtc-714	160	27	free	free	ADJ
ijtc-714	160	28	cash	cash	NOUN
ijtc-714	160	29	flow	flow	NOUN
ijtc-714	160	30	.	.	PUNCT
ijtc-714	161	1	this	this	PRON
ijtc-714	161	2	further	far	ADV
ijtc-714	161	3	affirms	affirm	VERB
ijtc-714	161	4	that	that	SCONJ
ijtc-714	161	5	free	free	ADJ
ijtc-714	161	6	cash	cash	NOUN
ijtc-714	161	7	flow	flow	NOUN
ijtc-714	161	8	can	can	AUX
ijtc-714	161	9	serve	serve	VERB
ijtc-714	161	10	as	as	ADP
ijtc-714	161	11	a	a	DET
ijtc-714	161	12	signal	signal	NOUN
ijtc-714	161	13	to	to	PART
ijtc-714	161	14	assess	assess	VERB
ijtc-714	161	15	the	the	DET
ijtc-714	161	16	financial	financial	ADJ
ijtc-714	161	17	condition	condition	NOUN
ijtc-714	161	18	of	of	ADP
ijtc-714	161	19	a	a	DET
ijtc-714	161	20	company	company	NOUN
ijtc-714	161	21	,	,	PUNCT
ijtc-714	161	22	determining	determine	VERB
ijtc-714	161	23	whether	whether	SCONJ
ijtc-714	161	24	or	or	CCONJ
ijtc-714	161	25	not	not	PART
ijtc-714	161	26	the	the	DET
ijtc-714	161	27	company	company	NOUN
ijtc-714	161	28	is	be	AUX
ijtc-714	161	29	experiencing	experience	VERB
ijtc-714	161	30	financial	financial	ADJ
ijtc-714	161	31	distress	distress	NOUN
ijtc-714	161	32	.	.	PUNCT
ijtc-714	162	1	https://www.ilomata.org/index.php/ijtc	https://www.ilomata.org/index.php/ijtc	ADJ
ijtc-714	162	2	effect	effect	NOUN
ijtc-714	162	3	of	of	ADP
ijtc-714	162	4	investment	investment	NOUN
ijtc-714	162	5	,	,	PUNCT
ijtc-714	162	6	free	free	ADJ
ijtc-714	162	7	cash	cash	NOUN
ijtc-714	162	8	flow	flow	NOUN
ijtc-714	162	9	,	,	PUNCT
ijtc-714	162	10	earnings	earning	NOUN
ijtc-714	162	11	management	management	NOUN
ijtc-714	162	12	,	,	PUNCT
ijtc-714	162	13	interest	interest	NOUN
ijtc-714	162	14	coverage	coverage	NOUN
ijtc-714	162	15	ratio	ratio	NOUN
ijtc-714	162	16	,	,	PUNCT
ijtc-714	162	17	liquidity	liquidity	NOUN
ijtc-714	162	18	,	,	PUNCT
ijtc-714	162	19	and	and	CCONJ
ijtc-714	162	20	leverage	leverage	NOUN
ijtc-714	162	21	on	on	ADP
ijtc-714	162	22	financial	financial	ADJ
ijtc-714	162	23	distress	distress	NOUN
ijtc-714	162	24	suranta	suranta	NOUN
ijtc-714	162	25	,	,	PUNCT
ijtc-714	162	26	satrio	satrio	PROPN
ijtc-714	162	27	,	,	PUNCT
ijtc-714	162	28	and	and	CCONJ
ijtc-714	162	29	midiastuty	midiastuty	VERB
ijtc-714	162	30	291	291	NUM
ijtc-714	162	31	|	|	ADV
ijtc-714	162	32	ilomata	ilomata	PROPN
ijtc-714	162	33	international	international	ADJ
ijtc-714	162	34	journal	journal	NOUN
ijtc-714	162	35	of	of	ADP
ijtc-714	162	36	tax	tax	PROPN
ijtc-714	162	37	&	&	CCONJ
ijtc-714	162	38	accounting	account	VERB
ijtc-714	162	39	https://www.ilomata.org/index.php/ijtc	https://www.ilomata.org/index.php/ijtc	ADJ
ijtc-714	162	40	results	result	NOUN
ijtc-714	162	41	of	of	ADP
ijtc-714	162	42	testing	test	VERB
ijtc-714	162	43	the	the	DET
ijtc-714	162	44	third	third	ADJ
ijtc-714	162	45	hypothesis	hypothesis	NOUN
ijtc-714	162	46	and	and	CCONJ
ijtc-714	162	47	discussion	discussion	VERB
ijtc-714	162	48	the	the	DET
ijtc-714	162	49	earnings	earning	NOUN
ijtc-714	162	50	management	management	NOUN
ijtc-714	162	51	variable	variable	NOUN
ijtc-714	162	52	has	have	VERB
ijtc-714	162	53	a	a	DET
ijtc-714	162	54	coefficient	coefficient	NOUN
ijtc-714	162	55	value	value	NOUN
ijtc-714	162	56	of	of	ADP
ijtc-714	162	57	0.286	0.286	NUM
ijtc-714	162	58	with	with	ADP
ijtc-714	162	59	the	the	DET
ijtc-714	162	60	significance	significance	NOUN
ijtc-714	162	61	level	level	NOUN
ijtc-714	162	62	α	α	X
ijtc-714	162	63	>	>	X
ijtc-714	162	64	5	5	NUM
ijtc-714	162	65	%	%	NOUN
ijtc-714	162	66	,	,	PUNCT
ijtc-714	162	67	so	so	CCONJ
ijtc-714	162	68	hypothesis	hypothesis	NOUN
ijtc-714	162	69	3	3	NUM
ijtc-714	162	70	is	be	AUX
ijtc-714	162	71	rejected	reject	VERB
ijtc-714	162	72	,	,	PUNCT
ijtc-714	162	73	that	that	ADV
ijtc-714	162	74	is	is	ADV
ijtc-714	162	75	,	,	PUNCT
ijtc-714	162	76	the	the	DET
ijtc-714	162	77	earnings	earning	NOUN
ijtc-714	162	78	management	management	NOUN
ijtc-714	162	79	variable	variable	NOUN
ijtc-714	162	80	has	have	VERB
ijtc-714	162	81	no	no	DET
ijtc-714	162	82	significant	significant	ADJ
ijtc-714	162	83	impact	impact	NOUN
ijtc-714	162	84	on	on	ADP
ijtc-714	162	85	financial	financial	ADJ
ijtc-714	162	86	distress	distress	NOUN
ijtc-714	162	87	.	.	PUNCT
ijtc-714	163	1	earnings	earning	NOUN
ijtc-714	163	2	management	management	NOUN
ijtc-714	163	3	if	if	SCONJ
ijtc-714	163	4	it	it	PRON
ijtc-714	163	5	is	be	AUX
ijtc-714	163	6	connected	connect	VERB
ijtc-714	163	7	with	with	ADP
ijtc-714	163	8	agency	agency	NOUN
ijtc-714	163	9	theory	theory	NOUN
ijtc-714	163	10	,	,	PUNCT
ijtc-714	163	11	of	of	ADP
ijtc-714	163	12	course	course	NOUN
ijtc-714	163	13	there	there	PRON
ijtc-714	163	14	is	be	VERB
ijtc-714	163	15	motivation	motivation	NOUN
ijtc-714	163	16	that	that	PRON
ijtc-714	163	17	is	be	AUX
ijtc-714	163	18	owned	own	VERB
ijtc-714	163	19	by	by	ADP
ijtc-714	163	20	the	the	DET
ijtc-714	163	21	manager	manager	NOUN
ijtc-714	163	22	(	(	PUNCT
ijtc-714	163	23	agent	agent	NOUN
ijtc-714	163	24	)	)	PUNCT
ijtc-714	163	25	so	so	SCONJ
ijtc-714	163	26	that	that	SCONJ
ijtc-714	163	27	he	he	PRON
ijtc-714	163	28	does	do	VERB
ijtc-714	163	29	earnings	earning	NOUN
ijtc-714	163	30	management	management	NOUN
ijtc-714	163	31	.	.	PUNCT
ijtc-714	164	1	one	one	NUM
ijtc-714	164	2	of	of	ADP
ijtc-714	164	3	the	the	DET
ijtc-714	164	4	motivations	motivation	NOUN
ijtc-714	164	5	is	be	AUX
ijtc-714	164	6	to	to	PART
ijtc-714	164	7	enter	enter	VERB
ijtc-714	164	8	into	into	ADP
ijtc-714	164	9	a	a	DET
ijtc-714	164	10	debt	debt	NOUN
ijtc-714	164	11	agreement	agreement	NOUN
ijtc-714	164	12	.	.	PUNCT
ijtc-714	165	1	by	by	ADP
ijtc-714	165	2	carrying	carry	VERB
ijtc-714	165	3	out	out	ADP
ijtc-714	165	4	earnings	earning	NOUN
ijtc-714	165	5	management	management	NOUN
ijtc-714	165	6	,	,	PUNCT
ijtc-714	165	7	firm	firm	ADJ
ijtc-714	165	8	managers	manager	NOUN
ijtc-714	165	9	try	try	VERB
ijtc-714	165	10	to	to	PART
ijtc-714	165	11	increase	increase	VERB
ijtc-714	165	12	firm	firm	ADJ
ijtc-714	165	13	earnings	earning	NOUN
ijtc-714	165	14	so	so	SCONJ
ijtc-714	165	15	that	that	SCONJ
ijtc-714	165	16	the	the	DET
ijtc-714	165	17	debt	debt	NOUN
ijtc-714	165	18	terms	term	NOUN
ijtc-714	165	19	agreed	agree	VERB
ijtc-714	165	20	upon	upon	SCONJ
ijtc-714	165	21	by	by	ADP
ijtc-714	165	22	creditors	creditor	NOUN
ijtc-714	165	23	are	be	AUX
ijtc-714	165	24	not	not	PART
ijtc-714	165	25	violated	violate	VERB
ijtc-714	165	26	.	.	PUNCT
ijtc-714	166	1	however	however	ADV
ijtc-714	166	2	,	,	PUNCT
ijtc-714	166	3	the	the	DET
ijtc-714	166	4	practice	practice	NOUN
ijtc-714	166	5	of	of	ADP
ijtc-714	166	6	earnings	earning	NOUN
ijtc-714	166	7	manipulation	manipulation	NOUN
ijtc-714	166	8	does	do	AUX
ijtc-714	166	9	not	not	PART
ijtc-714	166	10	affect	affect	VERB
ijtc-714	166	11	the	the	DET
ijtc-714	166	12	condition	condition	NOUN
ijtc-714	166	13	of	of	ADP
ijtc-714	166	14	a	a	DET
ijtc-714	166	15	company	company	NOUN
ijtc-714	166	16	that	that	PRON
ijtc-714	166	17	is	be	AUX
ijtc-714	166	18	in	in	ADP
ijtc-714	166	19	a	a	DET
ijtc-714	166	20	state	state	NOUN
ijtc-714	166	21	of	of	ADP
ijtc-714	166	22	financial	financial	ADJ
ijtc-714	166	23	difficulty	difficulty	NOUN
ijtc-714	166	24	or	or	CCONJ
ijtc-714	166	25	not	not	PART
ijtc-714	166	26	so	so	SCONJ
ijtc-714	166	27	that	that	SCONJ
ijtc-714	166	28	earnings	earning	NOUN
ijtc-714	166	29	management	management	NOUN
ijtc-714	166	30	does	do	AUX
ijtc-714	166	31	not	not	PART
ijtc-714	166	32	significantly	significantly	ADV
ijtc-714	166	33	affect	affect	VERB
ijtc-714	166	34	financial	financial	ADJ
ijtc-714	166	35	distress	distress	NOUN
ijtc-714	166	36	.	.	PUNCT
ijtc-714	167	1	in	in	ADP
ijtc-714	167	2	relation	relation	NOUN
ijtc-714	167	3	to	to	ADP
ijtc-714	167	4	the	the	DET
ijtc-714	167	5	signaling	signal	VERB
ijtc-714	167	6	theory	theory	NOUN
ijtc-714	167	7	,	,	PUNCT
ijtc-714	167	8	this	this	DET
ijtc-714	167	9	earnings	earning	NOUN
ijtc-714	167	10	management	management	NOUN
ijtc-714	167	11	practice	practice	NOUN
ijtc-714	167	12	is	be	AUX
ijtc-714	167	13	a	a	DET
ijtc-714	167	14	signal	signal	NOUN
ijtc-714	167	15	that	that	SCONJ
ijtc-714	167	16	the	the	DET
ijtc-714	167	17	company	company	NOUN
ijtc-714	167	18	is	be	AUX
ijtc-714	167	19	experiencing	experience	VERB
ijtc-714	167	20	financial	financial	ADJ
ijtc-714	167	21	difficulties	difficulty	NOUN
ijtc-714	167	22	,	,	PUNCT
ijtc-714	167	23	so	so	SCONJ
ijtc-714	167	24	that	that	SCONJ
ijtc-714	167	25	the	the	DET
ijtc-714	167	26	firm	firm	NOUN
ijtc-714	167	27	tries	try	VERB
ijtc-714	167	28	to	to	PART
ijtc-714	167	29	make	make	VERB
ijtc-714	167	30	reported	report	VERB
ijtc-714	167	31	earnings	earning	NOUN
ijtc-714	167	32	consistent	consistent	ADJ
ijtc-714	167	33	with	with	ADP
ijtc-714	167	34	previous	previous	ADJ
ijtc-714	167	35	years	year	NOUN
ijtc-714	167	36	,	,	PUNCT
ijtc-714	167	37	which	which	PRON
ijtc-714	167	38	is	be	AUX
ijtc-714	167	39	an	an	DET
ijtc-714	167	40	inaccurate	inaccurate	ADJ
ijtc-714	167	41	theory	theory	NOUN
ijtc-714	167	42	.	.	PUNCT
ijtc-714	168	1	because	because	SCONJ
ijtc-714	168	2	this	this	DET
ijtc-714	168	3	earnings	earning	NOUN
ijtc-714	168	4	management	management	NOUN
ijtc-714	168	5	practice	practice	NOUN
ijtc-714	168	6	is	be	AUX
ijtc-714	168	7	not	not	PART
ijtc-714	168	8	only	only	ADV
ijtc-714	168	9	carried	carry	VERB
ijtc-714	168	10	out	out	ADP
ijtc-714	168	11	in	in	ADP
ijtc-714	168	12	companies	company	NOUN
ijtc-714	168	13	experiencing	experience	VERB
ijtc-714	168	14	financial	financial	ADJ
ijtc-714	168	15	distress	distress	NOUN
ijtc-714	168	16	.	.	PUNCT
ijtc-714	169	1	these	these	DET
ijtc-714	169	2	results	result	NOUN
ijtc-714	169	3	are	be	AUX
ijtc-714	169	4	inconsistent	inconsistent	ADJ
ijtc-714	169	5	with	with	ADP
ijtc-714	169	6	the	the	DET
ijtc-714	169	7	results	result	NOUN
ijtc-714	169	8	of	of	ADP
ijtc-714	169	9	(	(	PUNCT
ijtc-714	169	10	bisogno	bisogno	PROPN
ijtc-714	169	11	&	&	CCONJ
ijtc-714	169	12	luca	luca	PROPN
ijtc-714	169	13	,	,	PUNCT
ijtc-714	169	14	2015	2015	NUM
ijtc-714	169	15	)	)	PUNCT
ijtc-714	169	16	which	which	PRON
ijtc-714	169	17	in	in	ADP
ijtc-714	169	18	their	their	PRON
ijtc-714	169	19	research	research	NOUN
ijtc-714	169	20	shows	show	VERB
ijtc-714	169	21	that	that	SCONJ
ijtc-714	169	22	earnings	earning	NOUN
ijtc-714	169	23	management	management	NOUN
ijtc-714	169	24	has	have	VERB
ijtc-714	169	25	a	a	DET
ijtc-714	169	26	significant	significant	ADJ
ijtc-714	169	27	effect	effect	NOUN
ijtc-714	169	28	on	on	ADP
ijtc-714	169	29	financial	financial	ADJ
ijtc-714	169	30	distress	distress	NOUN
ijtc-714	169	31	.	.	PUNCT
ijtc-714	170	1	these	these	DET
ijtc-714	170	2	results	result	NOUN
ijtc-714	170	3	are	be	AUX
ijtc-714	170	4	consistent	consistent	ADJ
ijtc-714	170	5	with	with	ADP
ijtc-714	170	6	research	research	NOUN
ijtc-714	170	7	conducted	conduct	VERB
ijtc-714	170	8	by	by	ADP
ijtc-714	170	9	(	(	PUNCT
ijtc-714	170	10	sayidah	sayidah	PROPN
ijtc-714	170	11	et	et	PROPN
ijtc-714	170	12	al	al	PROPN
ijtc-714	170	13	.	.	PROPN
ijtc-714	170	14	,	,	PUNCT
ijtc-714	170	15	2020	2020	NUM
ijtc-714	170	16	;	;	PUNCT
ijtc-714	170	17	setiany	setiany	NOUN
ijtc-714	170	18	,	,	PUNCT
ijtc-714	170	19	2021	2021	NUM
ijtc-714	170	20	)	)	PUNCT
ijtc-714	170	21	that	that	SCONJ
ijtc-714	170	22	earnings	earning	NOUN
ijtc-714	170	23	management	management	NOUN
ijtc-714	170	24	is	be	AUX
ijtc-714	170	25	not	not	PART
ijtc-714	170	26	one	one	NUM
ijtc-714	170	27	of	of	ADP
ijtc-714	170	28	the	the	DET
ijtc-714	170	29	motivations	motivation	NOUN
ijtc-714	170	30	for	for	SCONJ
ijtc-714	170	31	companies	company	NOUN
ijtc-714	170	32	to	to	PART
ijtc-714	170	33	manipulate	manipulate	VERB
ijtc-714	170	34	financial	financial	ADJ
ijtc-714	170	35	reports	report	NOUN
ijtc-714	170	36	for	for	ADP
ijtc-714	170	37	firms	firm	NOUN
ijtc-714	170	38	that	that	PRON
ijtc-714	170	39	are	be	AUX
ijtc-714	170	40	experiencing	experience	VERB
ijtc-714	170	41	financial	financial	ADJ
ijtc-714	170	42	distress	distress	NOUN
ijtc-714	170	43	.	.	PUNCT
ijtc-714	171	1	fourth	fourth	ADJ
ijtc-714	171	2	hypothesis	hypothesis	NOUN
ijtc-714	171	3	testing	testing	NOUN
ijtc-714	171	4	and	and	CCONJ
ijtc-714	171	5	discussion	discussion	NOUN
ijtc-714	171	6	the	the	DET
ijtc-714	171	7	icr	icr	PROPN
ijtc-714	171	8	variable	variable	NOUN
ijtc-714	171	9	has	have	VERB
ijtc-714	171	10	a	a	DET
ijtc-714	171	11	coefficient	coefficient	NOUN
ijtc-714	171	12	value	value	NOUN
ijtc-714	171	13	of	of	ADP
ijtc-714	171	14	-0.061	-0.061	PUNCT
ijtc-714	171	15	and	and	CCONJ
ijtc-714	171	16	a	a	DET
ijtc-714	171	17	significance	significance	NOUN
ijtc-714	171	18	level	level	NOUN
ijtc-714	171	19	of	of	ADP
ijtc-714	171	20	0.000	0.000	NUM
ijtc-714	171	21	(	(	PUNCT
ijtc-714	171	22	α	α	X
ijtc-714	171	23	<	<	X
ijtc-714	171	24	5	5	NUM
ijtc-714	171	25	%	%	NOUN
ijtc-714	171	26	)	)	PUNCT
ijtc-714	171	27	,	,	PUNCT
ijtc-714	171	28	which	which	PRON
ijtc-714	171	29	confirms	confirm	VERB
ijtc-714	171	30	hypothesis	hypothesis	NOUN
ijtc-714	171	31	4	4	NUM
ijtc-714	171	32	.	.	PUNCT
ijtc-714	172	1	the	the	DET
ijtc-714	172	2	logistic	logistic	ADJ
ijtc-714	172	3	regression	regression	NOUN
ijtc-714	172	4	analysis	analysis	NOUN
ijtc-714	172	5	reveals	reveal	VERB
ijtc-714	172	6	that	that	SCONJ
ijtc-714	172	7	the	the	DET
ijtc-714	172	8	icr	icr	PROPN
ijtc-714	172	9	variable	variable	NOUN
ijtc-714	172	10	has	have	VERB
ijtc-714	172	11	a	a	DET
ijtc-714	172	12	significant	significant	ADJ
ijtc-714	172	13	negative	negative	ADJ
ijtc-714	172	14	impact	impact	NOUN
ijtc-714	172	15	on	on	ADP
ijtc-714	172	16	financial	financial	ADJ
ijtc-714	172	17	distress	distress	NOUN
ijtc-714	172	18	.	.	PUNCT
ijtc-714	173	1	a	a	DET
ijtc-714	173	2	higher	high	ADJ
ijtc-714	173	3	icr	icr	PROPN
ijtc-714	173	4	indicates	indicate	VERB
ijtc-714	173	5	a	a	DET
ijtc-714	173	6	lower	low	ADJ
ijtc-714	173	7	financial	financial	ADJ
ijtc-714	173	8	distress	distress	NOUN
ijtc-714	173	9	condition	condition	NOUN
ijtc-714	173	10	for	for	ADP
ijtc-714	173	11	the	the	DET
ijtc-714	173	12	company	company	NOUN
ijtc-714	173	13	.	.	PUNCT
ijtc-714	174	1	signal	signal	PROPN
ijtc-714	174	2	theory	theory	NOUN
ijtc-714	174	3	posits	posit	NOUN
ijtc-714	174	4	that	that	SCONJ
ijtc-714	174	5	a	a	DET
ijtc-714	174	6	company	company	NOUN
ijtc-714	174	7	will	will	AUX
ijtc-714	174	8	provide	provide	VERB
ijtc-714	174	9	a	a	DET
ijtc-714	174	10	signal	signal	NOUN
ijtc-714	174	11	to	to	ADP
ijtc-714	174	12	investors	investor	NOUN
ijtc-714	174	13	through	through	ADP
ijtc-714	174	14	its	its	PRON
ijtc-714	174	15	financial	financial	ADJ
ijtc-714	174	16	statements	statement	NOUN
ijtc-714	174	17	about	about	ADP
ijtc-714	174	18	its	its	PRON
ijtc-714	174	19	condition	condition	NOUN
ijtc-714	174	20	.	.	PUNCT
ijtc-714	175	1	the	the	DET
ijtc-714	175	2	interest	interest	NOUN
ijtc-714	175	3	coverage	coverage	NOUN
ijtc-714	175	4	ratio	ratio	NOUN
ijtc-714	175	5	is	be	AUX
ijtc-714	175	6	one	one	NUM
ijtc-714	175	7	of	of	ADP
ijtc-714	175	8	the	the	DET
ijtc-714	175	9	ratios	ratio	NOUN
ijtc-714	175	10	that	that	PRON
ijtc-714	175	11	can	can	AUX
ijtc-714	175	12	be	be	AUX
ijtc-714	175	13	used	use	VERB
ijtc-714	175	14	to	to	PART
ijtc-714	175	15	evaluate	evaluate	VERB
ijtc-714	175	16	a	a	DET
ijtc-714	175	17	company	company	NOUN
ijtc-714	175	18	's	's	PART
ijtc-714	175	19	health	health	NOUN
ijtc-714	175	20	or	or	CCONJ
ijtc-714	175	21	financial	financial	ADJ
ijtc-714	175	22	difficulties	difficulty	NOUN
ijtc-714	175	23	.	.	PUNCT
ijtc-714	176	1	if	if	SCONJ
ijtc-714	176	2	a	a	DET
ijtc-714	176	3	company	company	NOUN
ijtc-714	176	4	is	be	AUX
ijtc-714	176	5	unable	unable	ADJ
ijtc-714	176	6	to	to	PART
ijtc-714	176	7	pay	pay	VERB
ijtc-714	176	8	interest	interest	NOUN
ijtc-714	176	9	charges	charge	NOUN
ijtc-714	176	10	on	on	ADP
ijtc-714	176	11	its	its	PRON
ijtc-714	176	12	debt	debt	NOUN
ijtc-714	176	13	,	,	PUNCT
ijtc-714	176	14	it	it	PRON
ijtc-714	176	15	is	be	AUX
ijtc-714	176	16	in	in	ADP
ijtc-714	176	17	a	a	DET
ijtc-714	176	18	state	state	NOUN
ijtc-714	176	19	of	of	ADP
ijtc-714	176	20	financial	financial	ADJ
ijtc-714	176	21	distress	distress	NOUN
ijtc-714	176	22	,	,	PUNCT
ijtc-714	176	23	which	which	PRON
ijtc-714	176	24	can	can	AUX
ijtc-714	176	25	be	be	AUX
ijtc-714	176	26	seen	see	VERB
ijtc-714	176	27	from	from	ADP
ijtc-714	176	28	its	its	PRON
ijtc-714	176	29	icr	icr	PROPN
ijtc-714	176	30	ratio	ratio	NOUN
ijtc-714	176	31	being	be	AUX
ijtc-714	176	32	below	below	ADP
ijtc-714	176	33	1	1	NUM
ijtc-714	176	34	.	.	PUNCT
ijtc-714	177	1	agency	agency	NOUN
ijtc-714	177	2	theory	theory	NOUN
ijtc-714	177	3	suggests	suggest	VERB
ijtc-714	177	4	that	that	SCONJ
ijtc-714	177	5	managers	manager	NOUN
ijtc-714	177	6	'	'	PART
ijtc-714	177	7	interests	interest	NOUN
ijtc-714	177	8	play	play	VERB
ijtc-714	177	9	a	a	DET
ijtc-714	177	10	role	role	NOUN
ijtc-714	177	11	in	in	ADP
ijtc-714	177	12	determining	determine	VERB
ijtc-714	177	13	a	a	DET
ijtc-714	177	14	company	company	NOUN
ijtc-714	177	15	's	's	PART
ijtc-714	177	16	funding	funding	NOUN
ijtc-714	177	17	policies	policy	NOUN
ijtc-714	177	18	,	,	PUNCT
ijtc-714	177	19	and	and	CCONJ
ijtc-714	177	20	one	one	NUM
ijtc-714	177	21	way	way	NOUN
ijtc-714	177	22	to	to	PART
ijtc-714	177	23	finance	finance	VERB
ijtc-714	177	24	firm	firm	ADJ
ijtc-714	177	25	activities	activity	NOUN
ijtc-714	177	26	is	be	AUX
ijtc-714	177	27	through	through	ADP
ijtc-714	177	28	debt	debt	NOUN
ijtc-714	177	29	.	.	PUNCT
ijtc-714	178	1	however	however	ADV
ijtc-714	178	2	,	,	PUNCT
ijtc-714	178	3	if	if	SCONJ
ijtc-714	178	4	managers	manager	NOUN
ijtc-714	178	5	do	do	AUX
ijtc-714	178	6	not	not	PART
ijtc-714	178	7	handle	handle	VERB
ijtc-714	178	8	the	the	DET
ijtc-714	178	9	company	company	NOUN
ijtc-714	178	10	's	's	PART
ijtc-714	178	11	debt	debt	NOUN
ijtc-714	178	12	wisely	wisely	ADV
ijtc-714	178	13	,	,	PUNCT
ijtc-714	178	14	it	it	PRON
ijtc-714	178	15	can	can	AUX
ijtc-714	178	16	lead	lead	VERB
ijtc-714	178	17	to	to	ADP
ijtc-714	178	18	financial	financial	ADJ
ijtc-714	178	19	burdens	burden	NOUN
ijtc-714	178	20	and	and	CCONJ
ijtc-714	178	21	obligations	obligation	NOUN
ijtc-714	178	22	that	that	PRON
ijtc-714	178	23	may	may	AUX
ijtc-714	178	24	cause	cause	VERB
ijtc-714	178	25	financial	financial	ADJ
ijtc-714	178	26	difficulties	difficulty	NOUN
ijtc-714	178	27	in	in	ADP
ijtc-714	178	28	the	the	DET
ijtc-714	178	29	future	future	NOUN
ijtc-714	178	30	.	.	PUNCT
ijtc-714	179	1	investors	investor	NOUN
ijtc-714	179	2	hope	hope	VERB
ijtc-714	179	3	that	that	SCONJ
ijtc-714	179	4	managers	manager	NOUN
ijtc-714	179	5	will	will	AUX
ijtc-714	179	6	make	make	VERB
ijtc-714	179	7	sensible	sensible	ADJ
ijtc-714	179	8	decisions	decision	NOUN
ijtc-714	179	9	in	in	ADP
ijtc-714	179	10	this	this	DET
ijtc-714	179	11	regard	regard	NOUN
ijtc-714	179	12	.	.	PUNCT
ijtc-714	180	1	these	these	DET
ijtc-714	180	2	results	result	NOUN
ijtc-714	180	3	are	be	AUX
ijtc-714	180	4	consistent	consistent	ADJ
ijtc-714	180	5	with	with	ADP
ijtc-714	180	6	(	(	PUNCT
ijtc-714	180	7	setiany	setiany	ADJ
ijtc-714	180	8	,	,	PUNCT
ijtc-714	180	9	2021	2021	NUM
ijtc-714	180	10	)	)	PUNCT
ijtc-714	180	11	,	,	PUNCT
ijtc-714	180	12	which	which	PRON
ijtc-714	180	13	explains	explain	VERB
ijtc-714	180	14	that	that	SCONJ
ijtc-714	180	15	the	the	DET
ijtc-714	180	16	interest	interest	NOUN
ijtc-714	180	17	coverage	coverage	NOUN
ijtc-714	180	18	ratio	ratio	NOUN
ijtc-714	180	19	has	have	VERB
ijtc-714	180	20	a	a	DET
ijtc-714	180	21	significant	significant	ADJ
ijtc-714	180	22	effect	effect	NOUN
ijtc-714	180	23	on	on	ADP
ijtc-714	180	24	financial	financial	ADJ
ijtc-714	180	25	distress	distress	NOUN
ijtc-714	180	26	,	,	PUNCT
ijtc-714	180	27	because	because	SCONJ
ijtc-714	180	28	companies	company	NOUN
ijtc-714	180	29	that	that	PRON
ijtc-714	180	30	have	have	VERB
ijtc-714	180	31	difficulty	difficulty	NOUN
ijtc-714	180	32	meeting	meet	VERB
ijtc-714	180	33	debt	debt	NOUN
ijtc-714	180	34	obligations	obligation	NOUN
ijtc-714	180	35	will	will	AUX
ijtc-714	180	36	be	be	AUX
ijtc-714	180	37	affected	affect	VERB
ijtc-714	180	38	by	by	ADP
ijtc-714	180	39	debt	debt	NOUN
ijtc-714	180	40	interest	interest	NOUN
ijtc-714	180	41	.	.	PUNCT
ijtc-714	181	1	if	if	SCONJ
ijtc-714	181	2	the	the	DET
ijtc-714	181	3	company	company	NOUN
ijtc-714	181	4	's	's	PART
ijtc-714	181	5	management	management	NOUN
ijtc-714	181	6	can	can	AUX
ijtc-714	181	7	manage	manage	VERB
ijtc-714	181	8	debt	debt	NOUN
ijtc-714	181	9	obligations	obligation	NOUN
ijtc-714	181	10	well	well	ADV
ijtc-714	181	11	,	,	PUNCT
ijtc-714	181	12	then	then	ADV
ijtc-714	181	13	the	the	DET
ijtc-714	181	14	debt	debt	NOUN
ijtc-714	181	15	interest	interest	NOUN
ijtc-714	181	16	that	that	PRON
ijtc-714	181	17	must	must	AUX
ijtc-714	181	18	be	be	AUX
ijtc-714	181	19	paid	pay	VERB
ijtc-714	181	20	also	also	ADV
ijtc-714	181	21	does	do	AUX
ijtc-714	181	22	not	not	PART
ijtc-714	181	23	have	have	VERB
ijtc-714	181	24	a	a	DET
ijtc-714	181	25	major	major	ADJ
ijtc-714	181	26	impact	impact	NOUN
ijtc-714	181	27	on	on	ADP
ijtc-714	181	28	the	the	DET
ijtc-714	181	29	company	company	NOUN
ijtc-714	181	30	's	's	PART
ijtc-714	181	31	cash	cash	NOUN
ijtc-714	181	32	flow	flow	NOUN
ijtc-714	181	33	so	so	SCONJ
ijtc-714	181	34	that	that	SCONJ
ijtc-714	181	35	the	the	DET
ijtc-714	181	36	company	company	NOUN
ijtc-714	181	37	avoids	avoid	VERB
ijtc-714	181	38	financial	financial	ADJ
ijtc-714	181	39	problems	problem	NOUN
ijtc-714	181	40	.	.	PUNCT
ijtc-714	182	1	fifth	fifth	ADJ
ijtc-714	182	2	hypothesis	hypothesis	NOUN
ijtc-714	182	3	testing	testing	NOUN
ijtc-714	182	4	results	result	NOUN
ijtc-714	182	5	and	and	CCONJ
ijtc-714	182	6	discussion	discussion	VERB
ijtc-714	182	7	the	the	DET
ijtc-714	182	8	coefficient	coefficient	NOUN
ijtc-714	182	9	value	value	NOUN
ijtc-714	182	10	for	for	ADP
ijtc-714	182	11	the	the	DET
ijtc-714	182	12	liquidity	liquidity	NOUN
ijtc-714	182	13	variable	variable	NOUN
ijtc-714	182	14	(	(	PUNCT
ijtc-714	182	15	cr	cr	NOUN
ijtc-714	182	16	)	)	PUNCT
ijtc-714	182	17	is	be	AUX
ijtc-714	182	18	-0.383	-0.383	NOUN
ijtc-714	182	19	,	,	PUNCT
ijtc-714	182	20	with	with	ADP
ijtc-714	182	21	a	a	DET
ijtc-714	182	22	significance	significance	NOUN
ijtc-714	182	23	level	level	NOUN
ijtc-714	182	24	of	of	ADP
ijtc-714	182	25	0.000	0.000	NUM
ijtc-714	182	26	(	(	PUNCT
ijtc-714	182	27	α	α	X
ijtc-714	182	28	<	<	X
ijtc-714	182	29	5	5	NUM
ijtc-714	182	30	%	%	NOUN
ijtc-714	182	31	)	)	PUNCT
ijtc-714	182	32	.	.	PUNCT
ijtc-714	183	1	therefore	therefore	ADV
ijtc-714	183	2	,	,	PUNCT
ijtc-714	183	3	hypothesis	hypothesis	NOUN
ijtc-714	183	4	5	5	NUM
ijtc-714	183	5	is	be	AUX
ijtc-714	183	6	accepted	accept	VERB
ijtc-714	183	7	,	,	PUNCT
ijtc-714	183	8	and	and	CCONJ
ijtc-714	183	9	the	the	DET
ijtc-714	183	10	logistic	logistic	ADJ
ijtc-714	183	11	regression	regression	NOUN
ijtc-714	183	12	results	result	NOUN
ijtc-714	183	13	indicate	indicate	VERB
ijtc-714	183	14	that	that	SCONJ
ijtc-714	183	15	the	the	DET
ijtc-714	183	16	cr	cr	PROPN
ijtc-714	183	17	variable	variable	PROPN
ijtc-714	183	18	has	have	VERB
ijtc-714	183	19	a	a	DET
ijtc-714	183	20	significant	significant	ADJ
ijtc-714	183	21	negative	negative	ADJ
ijtc-714	183	22	impact	impact	NOUN
ijtc-714	183	23	on	on	ADP
ijtc-714	183	24	financial	financial	ADJ
ijtc-714	183	25	distress	distress	NOUN
ijtc-714	183	26	.	.	PUNCT
ijtc-714	184	1	the	the	PRON
ijtc-714	184	2	higher	high	ADJ
ijtc-714	184	3	the	the	DET
ijtc-714	184	4	liquidity	liquidity	NOUN
ijtc-714	184	5	,	,	PUNCT
ijtc-714	184	6	the	the	PRON
ijtc-714	184	7	lower	low	ADJ
ijtc-714	184	8	the	the	DET
ijtc-714	184	9	likelihood	likelihood	NOUN
ijtc-714	184	10	of	of	ADP
ijtc-714	184	11	a	a	DET
ijtc-714	184	12	company	company	NOUN
ijtc-714	184	13	experiencing	experience	VERB
ijtc-714	184	14	financial	financial	ADJ
ijtc-714	184	15	distress	distress	NOUN
ijtc-714	184	16	.	.	PUNCT
ijtc-714	185	1	financial	financial	ADJ
ijtc-714	185	2	statements	statement	NOUN
ijtc-714	185	3	serve	serve	VERB
ijtc-714	185	4	as	as	ADP
ijtc-714	185	5	a	a	DET
ijtc-714	185	6	means	means	NOUN
ijtc-714	185	7	for	for	SCONJ
ijtc-714	185	8	external	external	ADJ
ijtc-714	185	9	parties	party	NOUN
ijtc-714	185	10	to	to	PART
ijtc-714	185	11	evaluate	evaluate	VERB
ijtc-714	185	12	a	a	DET
ijtc-714	185	13	company	company	NOUN
ijtc-714	185	14	's	's	PART
ijtc-714	185	15	financial	financial	ADJ
ijtc-714	185	16	condition	condition	NOUN
ijtc-714	185	17	.	.	PUNCT
ijtc-714	186	1	one	one	NUM
ijtc-714	186	2	way	way	NOUN
ijtc-714	186	3	to	to	PART
ijtc-714	186	4	evaluate	evaluate	VERB
ijtc-714	186	5	this	this	DET
ijtc-714	186	6	condition	condition	NOUN
ijtc-714	186	7	is	be	AUX
ijtc-714	186	8	through	through	ADP
ijtc-714	186	9	the	the	DET
ijtc-714	186	10	use	use	NOUN
ijtc-714	186	11	of	of	ADP
ijtc-714	186	12	financial	financial	ADJ
ijtc-714	186	13	ratios	ratio	NOUN
ijtc-714	186	14	.	.	PUNCT
ijtc-714	187	1	the	the	DET
ijtc-714	187	2	current	current	ADJ
ijtc-714	187	3	ratio	ratio	NOUN
ijtc-714	187	4	is	be	AUX
ijtc-714	187	5	a	a	DET
ijtc-714	187	6	financial	financial	ADJ
ijtc-714	187	7	ratio	ratio	NOUN
ijtc-714	187	8	that	that	PRON
ijtc-714	187	9	measures	measure	VERB
ijtc-714	187	10	a	a	DET
ijtc-714	187	11	company	company	NOUN
ijtc-714	187	12	's	's	PART
ijtc-714	187	13	https://www.ilomata.org/index.php/ijtc	https://www.ilomata.org/index.php/ijtc	ADJ
ijtc-714	187	14	effect	effect	NOUN
ijtc-714	187	15	of	of	ADP
ijtc-714	187	16	investment	investment	NOUN
ijtc-714	187	17	,	,	PUNCT
ijtc-714	187	18	free	free	ADJ
ijtc-714	187	19	cash	cash	NOUN
ijtc-714	187	20	flow	flow	NOUN
ijtc-714	187	21	,	,	PUNCT
ijtc-714	187	22	earnings	earning	NOUN
ijtc-714	187	23	management	management	NOUN
ijtc-714	187	24	,	,	PUNCT
ijtc-714	187	25	interest	interest	NOUN
ijtc-714	187	26	coverage	coverage	NOUN
ijtc-714	187	27	ratio	ratio	NOUN
ijtc-714	187	28	,	,	PUNCT
ijtc-714	187	29	liquidity	liquidity	NOUN
ijtc-714	187	30	,	,	PUNCT
ijtc-714	187	31	and	and	CCONJ
ijtc-714	187	32	leverage	leverage	NOUN
ijtc-714	187	33	on	on	ADP
ijtc-714	187	34	financial	financial	ADJ
ijtc-714	187	35	distress	distress	NOUN
ijtc-714	187	36	suranta	suranta	NOUN
ijtc-714	187	37	,	,	PUNCT
ijtc-714	187	38	satrio	satrio	PROPN
ijtc-714	187	39	,	,	PUNCT
ijtc-714	187	40	and	and	CCONJ
ijtc-714	187	41	midiastuty	midiastuty	VERB
ijtc-714	187	42	292	292	NUM
ijtc-714	187	43	|	|	ADV
ijtc-714	187	44	ilomata	ilomata	PROPN
ijtc-714	187	45	international	international	ADJ
ijtc-714	187	46	journal	journal	NOUN
ijtc-714	187	47	of	of	ADP
ijtc-714	187	48	tax	tax	PROPN
ijtc-714	187	49	&	&	CCONJ
ijtc-714	187	50	accounting	account	VERB
ijtc-714	187	51	https://www.ilomata.org/index.php/ijtc	https://www.ilomata.org/index.php/ijtc	ADJ
ijtc-714	187	52	ability	ability	NOUN
ijtc-714	187	53	to	to	PART
ijtc-714	187	54	meet	meet	VERB
ijtc-714	187	55	its	its	PRON
ijtc-714	187	56	short	short	ADJ
ijtc-714	187	57	-	-	PUNCT
ijtc-714	187	58	term	term	NOUN
ijtc-714	187	59	obligations	obligation	NOUN
ijtc-714	187	60	using	use	VERB
ijtc-714	187	61	its	its	PRON
ijtc-714	187	62	current	current	ADJ
ijtc-714	187	63	assets	asset	NOUN
ijtc-714	187	64	.	.	PUNCT
ijtc-714	188	1	investors	investor	NOUN
ijtc-714	188	2	can	can	AUX
ijtc-714	188	3	use	use	VERB
ijtc-714	188	4	this	this	DET
ijtc-714	188	5	ratio	ratio	NOUN
ijtc-714	188	6	as	as	ADP
ijtc-714	188	7	a	a	DET
ijtc-714	188	8	signal	signal	NOUN
ijtc-714	188	9	to	to	PART
ijtc-714	188	10	assess	assess	VERB
ijtc-714	188	11	a	a	DET
ijtc-714	188	12	company	company	NOUN
ijtc-714	188	13	's	's	PART
ijtc-714	188	14	liquidity	liquidity	NOUN
ijtc-714	188	15	.	.	PUNCT
ijtc-714	189	1	a	a	DET
ijtc-714	189	2	high	high	ADJ
ijtc-714	189	3	current	current	ADJ
ijtc-714	189	4	ratio	ratio	NOUN
ijtc-714	189	5	indicates	indicate	VERB
ijtc-714	189	6	that	that	SCONJ
ijtc-714	189	7	a	a	DET
ijtc-714	189	8	company	company	NOUN
ijtc-714	189	9	has	have	VERB
ijtc-714	189	10	good	good	ADJ
ijtc-714	189	11	liquidity	liquidity	NOUN
ijtc-714	189	12	,	,	PUNCT
ijtc-714	189	13	and	and	CCONJ
ijtc-714	189	14	is	be	AUX
ijtc-714	189	15	therefore	therefore	ADV
ijtc-714	189	16	less	less	ADV
ijtc-714	189	17	likely	likely	ADJ
ijtc-714	189	18	to	to	PART
ijtc-714	189	19	experience	experience	VERB
ijtc-714	189	20	financial	financial	ADJ
ijtc-714	189	21	difficulties	difficulty	NOUN
ijtc-714	189	22	.	.	PUNCT
ijtc-714	190	1	this	this	DET
ijtc-714	190	2	study	study	NOUN
ijtc-714	190	3	is	be	AUX
ijtc-714	190	4	in	in	ADP
ijtc-714	190	5	consistency	consistency	NOUN
ijtc-714	190	6	with	with	ADP
ijtc-714	190	7	(	(	PUNCT
ijtc-714	190	8	a.	a.	NOUN
ijtc-714	190	9	dewanti	dewanti	PROPN
ijtc-714	190	10	et	et	PROPN
ijtc-714	190	11	al	al	PROPN
ijtc-714	190	12	.	.	PROPN
ijtc-714	190	13	,	,	PUNCT
ijtc-714	190	14	2018	2018	NUM
ijtc-714	190	15	)	)	PUNCT
ijtc-714	190	16	explains	explain	VERB
ijtc-714	190	17	that	that	SCONJ
ijtc-714	190	18	a	a	DET
ijtc-714	190	19	company	company	NOUN
ijtc-714	190	20	with	with	ADP
ijtc-714	190	21	a	a	DET
ijtc-714	190	22	high	high	ADJ
ijtc-714	190	23	liquidity	liquidity	NOUN
ijtc-714	190	24	ratio	ratio	NOUN
ijtc-714	190	25	means	mean	VERB
ijtc-714	190	26	that	that	SCONJ
ijtc-714	190	27	it	it	PRON
ijtc-714	190	28	is	be	AUX
ijtc-714	190	29	more	more	ADV
ijtc-714	190	30	liquid	liquid	ADJ
ijtc-714	190	31	,	,	PUNCT
ijtc-714	190	32	that	that	ADV
ijtc-714	190	33	is	is	ADV
ijtc-714	190	34	,	,	PUNCT
ijtc-714	190	35	it	it	PRON
ijtc-714	190	36	is	be	AUX
ijtc-714	190	37	able	able	ADJ
ijtc-714	190	38	to	to	PART
ijtc-714	190	39	pay	pay	VERB
ijtc-714	190	40	short	short	ADJ
ijtc-714	190	41	-	-	PUNCT
ijtc-714	190	42	term	term	NOUN
ijtc-714	190	43	obligations	obligation	NOUN
ijtc-714	190	44	and	and	CCONJ
ijtc-714	190	45	is	be	AUX
ijtc-714	190	46	able	able	ADJ
ijtc-714	190	47	to	to	PART
ijtc-714	190	48	finance	finance	VERB
ijtc-714	190	49	futures	future	NOUN
ijtc-714	190	50	.	.	PUNCT
ijtc-714	191	1	company	company	NOUN
ijtc-714	191	2	activities	activity	NOUN
ijtc-714	191	3	.	.	PUNCT
ijtc-714	192	1	with	with	ADP
ijtc-714	192	2	enough	enough	ADJ
ijtc-714	192	3	costs	cost	NOUN
ijtc-714	192	4	to	to	PART
ijtc-714	192	5	finance	finance	VERB
ijtc-714	192	6	the	the	DET
ijtc-714	192	7	operation	operation	NOUN
ijtc-714	192	8	of	of	ADP
ijtc-714	192	9	the	the	DET
ijtc-714	192	10	business	business	NOUN
ijtc-714	192	11	,	,	PUNCT
ijtc-714	192	12	the	the	DET
ijtc-714	192	13	enterprise	enterprise	NOUN
ijtc-714	192	14	will	will	AUX
ijtc-714	192	15	be	be	AUX
ijtc-714	192	16	able	able	ADJ
ijtc-714	192	17	to	to	PART
ijtc-714	192	18	produce	produce	VERB
ijtc-714	192	19	goods	good	NOUN
ijtc-714	192	20	and	and	CCONJ
ijtc-714	192	21	carry	carry	VERB
ijtc-714	192	22	out	out	ADP
ijtc-714	192	23	its	its	PRON
ijtc-714	192	24	business	business	NOUN
ijtc-714	192	25	activities	activity	NOUN
ijtc-714	192	26	,	,	PUNCT
ijtc-714	192	27	while	while	SCONJ
ijtc-714	192	28	at	at	ADP
ijtc-714	192	29	the	the	DET
ijtc-714	192	30	same	same	ADJ
ijtc-714	192	31	time	time	NOUN
ijtc-714	192	32	,	,	PUNCT
ijtc-714	192	33	the	the	DET
ijtc-714	192	34	business	business	NOUN
ijtc-714	192	35	will	will	AUX
ijtc-714	192	36	face	face	VERB
ijtc-714	192	37	financial	financial	ADJ
ijtc-714	192	38	difficulties	difficulty	NOUN
ijtc-714	192	39	(	(	PUNCT
ijtc-714	192	40	financial	financial	ADJ
ijtc-714	192	41	distress	distress	NOUN
ijtc-714	192	42	)	)	PUNCT
ijtc-714	192	43	.	.	PUNCT
ijtc-714	193	1	main	main	ADJ
ijtc-714	193	2	)	)	PUNCT
ijtc-714	193	3	will	will	AUX
ijtc-714	193	4	be	be	AUX
ijtc-714	193	5	lower	low	ADJ
ijtc-714	193	6	.	.	PUNCT
ijtc-714	194	1	sixth	sixth	ADJ
ijtc-714	194	2	hypothesis	hypothesis	NOUN
ijtc-714	194	3	testing	testing	NOUN
ijtc-714	194	4	results	result	NOUN
ijtc-714	194	5	and	and	CCONJ
ijtc-714	194	6	discussion	discussion	VERB
ijtc-714	194	7	the	the	DET
ijtc-714	194	8	coefficient	coefficient	NOUN
ijtc-714	194	9	value	value	NOUN
ijtc-714	194	10	for	for	ADP
ijtc-714	194	11	the	the	DET
ijtc-714	194	12	leverage	leverage	NOUN
ijtc-714	194	13	variables	variable	NOUN
ijtc-714	194	14	is	be	AUX
ijtc-714	194	15	0.008	0.008	NUM
ijtc-714	194	16	,	,	PUNCT
ijtc-714	194	17	with	with	ADP
ijtc-714	194	18	a	a	DET
ijtc-714	194	19	significance	significance	NOUN
ijtc-714	194	20	level	level	NOUN
ijtc-714	194	21	of	of	ADP
ijtc-714	194	22	0.741	0.741	NUM
ijtc-714	194	23	(	(	PUNCT
ijtc-714	194	24	α	α	X
ijtc-714	194	25	>	>	X
ijtc-714	194	26	5	5	NUM
ijtc-714	194	27	%	%	NOUN
ijtc-714	194	28	)	)	PUNCT
ijtc-714	194	29	,	,	PUNCT
ijtc-714	194	30	so	so	CCONJ
ijtc-714	194	31	hypothesis	hypothesis	NOUN
ijtc-714	194	32	6	6	NUM
ijtc-714	194	33	is	be	AUX
ijtc-714	194	34	rejected	reject	VERB
ijtc-714	194	35	,	,	PUNCT
ijtc-714	194	36	which	which	PRON
ijtc-714	194	37	means	mean	VERB
ijtc-714	194	38	that	that	SCONJ
ijtc-714	194	39	the	the	DET
ijtc-714	194	40	leverage	leverage	NOUN
ijtc-714	194	41	variable	variable	NOUN
ijtc-714	194	42	(	(	PUNCT
ijtc-714	194	43	does	do	AUX
ijtc-714	194	44	not	not	PART
ijtc-714	194	45	affect	affect	VERB
ijtc-714	194	46	financial	financial	ADJ
ijtc-714	194	47	distress	distress	NOUN
ijtc-714	194	48	)	)	PUNCT
ijtc-714	194	49	.	.	PUNCT
ijtc-714	195	1	the	the	DET
ijtc-714	195	2	debt	debt	NOUN
ijtc-714	195	3	-	-	PUNCT
ijtc-714	195	4	to	to	ADP
ijtc-714	195	5	-	-	PUNCT
ijtc-714	195	6	equity	equity	NOUN
ijtc-714	195	7	ratio	ratio	NOUN
ijtc-714	195	8	is	be	AUX
ijtc-714	195	9	a	a	DET
ijtc-714	195	10	measure	measure	NOUN
ijtc-714	195	11	of	of	ADP
ijtc-714	195	12	how	how	SCONJ
ijtc-714	195	13	well	well	ADV
ijtc-714	195	14	a	a	DET
ijtc-714	195	15	company	company	NOUN
ijtc-714	195	16	is	be	AUX
ijtc-714	195	17	financed	finance	VERB
ijtc-714	195	18	with	with	ADP
ijtc-714	195	19	debt	debt	NOUN
ijtc-714	195	20	.	.	PUNCT
ijtc-714	196	1	a	a	DET
ijtc-714	196	2	high	high	ADJ
ijtc-714	196	3	level	level	NOUN
ijtc-714	196	4	of	of	ADP
ijtc-714	196	5	debt	debt	NOUN
ijtc-714	196	6	in	in	ADP
ijtc-714	196	7	signal	signal	ADJ
ijtc-714	196	8	theory	theory	NOUN
ijtc-714	196	9	gives	give	VERB
ijtc-714	196	10	a	a	DET
ijtc-714	196	11	negative	negative	ADJ
ijtc-714	196	12	signal	signal	NOUN
ijtc-714	196	13	to	to	ADP
ijtc-714	196	14	investors	investor	NOUN
ijtc-714	196	15	.	.	PUNCT
ijtc-714	197	1	a	a	DET
ijtc-714	197	2	high	high	ADJ
ijtc-714	197	3	level	level	NOUN
ijtc-714	197	4	of	of	ADP
ijtc-714	197	5	debt	debt	NOUN
ijtc-714	197	6	will	will	AUX
ijtc-714	197	7	cause	cause	VERB
ijtc-714	197	8	problems	problem	NOUN
ijtc-714	197	9	in	in	ADP
ijtc-714	197	10	the	the	DET
ijtc-714	197	11	future	future	NOUN
ijtc-714	197	12	,	,	PUNCT
ijtc-714	197	13	namely	namely	ADV
ijtc-714	197	14	paying	pay	VERB
ijtc-714	197	15	off	off	ADP
ijtc-714	197	16	debts	debt	NOUN
ijtc-714	197	17	that	that	PRON
ijtc-714	197	18	have	have	AUX
ijtc-714	197	19	matured	mature	VERB
ijtc-714	197	20	and	and	CCONJ
ijtc-714	197	21	facing	face	VERB
ijtc-714	197	22	financial	financial	ADJ
ijtc-714	197	23	burdens	burden	NOUN
ijtc-714	197	24	.	.	PUNCT
ijtc-714	198	1	however	however	ADV
ijtc-714	198	2	,	,	PUNCT
ijtc-714	198	3	the	the	DET
ijtc-714	198	4	research	research	NOUN
ijtc-714	198	5	results	result	NOUN
ijtc-714	198	6	show	show	VERB
ijtc-714	198	7	that	that	SCONJ
ijtc-714	198	8	leverage	leverage	NOUN
ijtc-714	198	9	does	do	AUX
ijtc-714	198	10	not	not	PART
ijtc-714	198	11	have	have	VERB
ijtc-714	198	12	an	an	DET
ijtc-714	198	13	impact	impact	NOUN
ijtc-714	198	14	on	on	ADP
ijtc-714	198	15	financial	financial	ADJ
ijtc-714	198	16	distress	distress	NOUN
ijtc-714	198	17	because	because	SCONJ
ijtc-714	198	18	companies	company	NOUN
ijtc-714	198	19	experiencing	experience	VERB
ijtc-714	198	20	financial	financial	ADJ
ijtc-714	198	21	difficulties	difficulty	NOUN
ijtc-714	198	22	will	will	AUX
ijtc-714	198	23	be	be	AUX
ijtc-714	198	24	faced	face	VERB
ijtc-714	198	25	with	with	ADP
ijtc-714	198	26	settling	settle	VERB
ijtc-714	198	27	short	short	ADJ
ijtc-714	198	28	-	-	PUNCT
ijtc-714	198	29	term	term	NOUN
ijtc-714	198	30	obligations	obligation	NOUN
ijtc-714	198	31	first	first	ADV
ijtc-714	198	32	to	to	PART
ijtc-714	198	33	avoid	avoid	VERB
ijtc-714	198	34	financial	financial	ADJ
ijtc-714	198	35	distress	distress	NOUN
ijtc-714	198	36	so	so	SCONJ
ijtc-714	198	37	that	that	SCONJ
ijtc-714	198	38	if	if	SCONJ
ijtc-714	198	39	short	short	ADJ
ijtc-714	198	40	-	-	PUNCT
ijtc-714	198	41	term	term	NOUN
ijtc-714	198	42	liabilities	liability	NOUN
ijtc-714	198	43	have	have	VERB
ijtc-714	198	44	problems	problem	NOUN
ijtc-714	198	45	,	,	PUNCT
ijtc-714	198	46	it	it	PRON
ijtc-714	198	47	will	will	AUX
ijtc-714	198	48	cause	cause	VERB
ijtc-714	198	49	long	long	ADJ
ijtc-714	198	50	-	-	PUNCT
ijtc-714	198	51	term	term	NOUN
ijtc-714	198	52	problems	problem	NOUN
ijtc-714	198	53	in	in	ADP
ijtc-714	198	54	the	the	DET
ijtc-714	198	55	form	form	NOUN
ijtc-714	198	56	of	of	ADP
ijtc-714	198	57	bankruptcy	bankruptcy	NOUN
ijtc-714	198	58	faced	face	VERB
ijtc-714	198	59	by	by	ADP
ijtc-714	198	60	the	the	DET
ijtc-714	198	61	company	company	NOUN
ijtc-714	198	62	in	in	ADP
ijtc-714	198	63	the	the	DET
ijtc-714	198	64	future	future	NOUN
ijtc-714	198	65	.	.	PUNCT
ijtc-714	199	1	the	the	DET
ijtc-714	199	2	agency	agency	NOUN
ijtc-714	199	3	theory	theory	NOUN
ijtc-714	199	4	also	also	ADV
ijtc-714	199	5	explains	explain	VERB
ijtc-714	199	6	that	that	SCONJ
ijtc-714	199	7	the	the	DET
ijtc-714	199	8	company	company	NOUN
ijtc-714	199	9	's	's	PART
ijtc-714	199	10	activities	activity	NOUN
ijtc-714	199	11	will	will	AUX
ijtc-714	199	12	certainly	certainly	ADV
ijtc-714	199	13	be	be	AUX
ijtc-714	199	14	influenced	influence	VERB
ijtc-714	199	15	by	by	ADP
ijtc-714	199	16	the	the	DET
ijtc-714	199	17	capital	capital	NOUN
ijtc-714	199	18	owned	own	VERB
ijtc-714	199	19	by	by	ADP
ijtc-714	199	20	the	the	DET
ijtc-714	199	21	company	company	NOUN
ijtc-714	199	22	itself	itself	PRON
ijtc-714	199	23	.	.	PUNCT
ijtc-714	200	1	if	if	SCONJ
ijtc-714	200	2	the	the	DET
ijtc-714	200	3	company	company	NOUN
ijtc-714	200	4	receives	receive	VERB
ijtc-714	200	5	more	more	ADJ
ijtc-714	200	6	capital	capital	NOUN
ijtc-714	200	7	or	or	CCONJ
ijtc-714	200	8	equity	equity	NOUN
ijtc-714	200	9	from	from	ADP
ijtc-714	200	10	investors	investor	NOUN
ijtc-714	200	11	,	,	PUNCT
ijtc-714	200	12	of	of	ADP
ijtc-714	200	13	course	course	NOUN
ijtc-714	200	14	,	,	PUNCT
ijtc-714	200	15	this	this	PRON
ijtc-714	200	16	will	will	AUX
ijtc-714	200	17	become	become	VERB
ijtc-714	200	18	a	a	DET
ijtc-714	200	19	separate	separate	ADJ
ijtc-714	200	20	burden	burden	NOUN
ijtc-714	200	21	for	for	ADP
ijtc-714	200	22	management	management	NOUN
ijtc-714	200	23	where	where	SCONJ
ijtc-714	200	24	there	there	PRON
ijtc-714	200	25	is	be	VERB
ijtc-714	200	26	an	an	DET
ijtc-714	200	27	obligation	obligation	NOUN
ijtc-714	200	28	to	to	PART
ijtc-714	200	29	manage	manage	VERB
ijtc-714	200	30	company	company	NOUN
ijtc-714	200	31	resources	resource	NOUN
ijtc-714	200	32	and	and	CCONJ
ijtc-714	200	33	the	the	DET
ijtc-714	200	34	obligation	obligation	NOUN
ijtc-714	200	35	to	to	PART
ijtc-714	200	36	pay	pay	VERB
ijtc-714	200	37	dividends	dividend	NOUN
ijtc-714	200	38	.	.	PUNCT
ijtc-714	201	1	therefore	therefore	ADV
ijtc-714	201	2	,	,	PUNCT
ijtc-714	201	3	companies	company	NOUN
ijtc-714	201	4	will	will	AUX
ijtc-714	201	5	tend	tend	VERB
ijtc-714	201	6	to	to	PART
ijtc-714	201	7	borrow	borrow	VERB
ijtc-714	201	8	debt	debt	NOUN
ijtc-714	201	9	to	to	PART
ijtc-714	201	10	avoid	avoid	VERB
ijtc-714	201	11	this	this	DET
ijtc-714	201	12	responsibility	responsibility	NOUN
ijtc-714	201	13	.	.	PUNCT
ijtc-714	202	1	however	however	ADV
ijtc-714	202	2	,	,	PUNCT
ijtc-714	202	3	the	the	DET
ijtc-714	202	4	agency	agency	NOUN
ijtc-714	202	5	theory	theory	NOUN
ijtc-714	202	6	in	in	ADP
ijtc-714	202	7	this	this	DET
ijtc-714	202	8	study	study	NOUN
ijtc-714	202	9	does	do	AUX
ijtc-714	202	10	not	not	PART
ijtc-714	202	11	explain	explain	VERB
ijtc-714	202	12	the	the	DET
ijtc-714	202	13	relationship	relationship	NOUN
ijtc-714	202	14	between	between	ADP
ijtc-714	202	15	leverage	leverage	NOUN
ijtc-714	202	16	and	and	CCONJ
ijtc-714	202	17	financial	financial	ADJ
ijtc-714	202	18	distress	distress	NOUN
ijtc-714	202	19	.	.	PUNCT
ijtc-714	203	1	the	the	DET
ijtc-714	203	2	results	result	NOUN
ijtc-714	203	3	of	of	ADP
ijtc-714	203	4	this	this	DET
ijtc-714	203	5	study	study	NOUN
ijtc-714	203	6	are	be	AUX
ijtc-714	203	7	consistent	consistent	ADJ
ijtc-714	203	8	with	with	ADP
ijtc-714	203	9	those	those	PRON
ijtc-714	203	10	of	of	ADP
ijtc-714	203	11	(	(	PUNCT
ijtc-714	203	12	budiarso	budiarso	ADJ
ijtc-714	203	13	,	,	PUNCT
ijtc-714	203	14	2014	2014	NUM
ijtc-714	203	15	)	)	PUNCT
ijtc-714	203	16	,	,	PUNCT
ijtc-714	203	17	who	who	PRON
ijtc-714	203	18	found	find	VERB
ijtc-714	203	19	that	that	SCONJ
ijtc-714	203	20	leverage	leverage	NOUN
ijtc-714	203	21	has	have	VERB
ijtc-714	203	22	no	no	DET
ijtc-714	203	23	effect	effect	NOUN
ijtc-714	203	24	on	on	ADP
ijtc-714	203	25	the	the	DET
ijtc-714	203	26	occurrence	occurrence	NOUN
ijtc-714	203	27	of	of	ADP
ijtc-714	203	28	financial	financial	ADJ
ijtc-714	203	29	distress	distress	NOUN
ijtc-714	203	30	in	in	ADP
ijtc-714	203	31	firms	firm	NOUN
ijtc-714	203	32	,	,	PUNCT
ijtc-714	203	33	since	since	SCONJ
ijtc-714	203	34	large	large	ADJ
ijtc-714	203	35	firms	firm	NOUN
ijtc-714	203	36	tend	tend	VERB
ijtc-714	203	37	to	to	PART
ijtc-714	203	38	rely	rely	VERB
ijtc-714	203	39	heavily	heavily	ADV
ijtc-714	203	40	on	on	ADP
ijtc-714	203	41	bank	bank	NOUN
ijtc-714	203	42	loans	loan	NOUN
ijtc-714	203	43	or	or	CCONJ
ijtc-714	203	44	creditors	creditor	NOUN
ijtc-714	203	45	.	.	PUNCT
ijtc-714	204	1	consequently	consequently	ADV
ijtc-714	204	2	,	,	PUNCT
ijtc-714	204	3	it	it	PRON
ijtc-714	204	4	can	can	AUX
ijtc-714	204	5	be	be	AUX
ijtc-714	204	6	said	say	VERB
ijtc-714	204	7	that	that	SCONJ
ijtc-714	204	8	big	big	ADJ
ijtc-714	204	9	businesses	business	NOUN
ijtc-714	204	10	usually	usually	ADV
ijtc-714	204	11	have	have	VERB
ijtc-714	204	12	a	a	DET
ijtc-714	204	13	high	high	ADJ
ijtc-714	204	14	leverage	leverage	NOUN
ijtc-714	204	15	ratio	ratio	NOUN
ijtc-714	204	16	.	.	PUNCT
ijtc-714	205	1	however	however	ADV
ijtc-714	205	2	,	,	PUNCT
ijtc-714	205	3	although	although	SCONJ
ijtc-714	205	4	large	large	ADJ
ijtc-714	205	5	companies	company	NOUN
ijtc-714	205	6	have	have	VERB
ijtc-714	205	7	high	high	ADJ
ijtc-714	205	8	debt	debt	NOUN
ijtc-714	205	9	levels	level	NOUN
ijtc-714	205	10	,	,	PUNCT
ijtc-714	205	11	it	it	PRON
ijtc-714	205	12	can	can	AUX
ijtc-714	205	13	also	also	ADV
ijtc-714	205	14	be	be	AUX
ijtc-714	205	15	said	say	VERB
ijtc-714	205	16	that	that	SCONJ
ijtc-714	205	17	large	large	ADJ
ijtc-714	205	18	companies	company	NOUN
ijtc-714	205	19	are	be	AUX
ijtc-714	205	20	better	well	ADJ
ijtc-714	205	21	able	able	ADJ
ijtc-714	205	22	to	to	PART
ijtc-714	205	23	avoid	avoid	VERB
ijtc-714	205	24	financial	financial	ADJ
ijtc-714	205	25	difficulties	difficulty	NOUN
ijtc-714	205	26	by	by	ADP
ijtc-714	205	27	diversifying	diversify	VERB
ijtc-714	205	28	their	their	PRON
ijtc-714	205	29	operations	operation	NOUN
ijtc-714	205	30	.	.	PUNCT
ijtc-714	206	1	however	however	ADV
ijtc-714	206	2	,	,	PUNCT
ijtc-714	206	3	the	the	DET
ijtc-714	206	4	results	result	NOUN
ijtc-714	206	5	of	of	ADP
ijtc-714	206	6	this	this	DET
ijtc-714	206	7	study	study	NOUN
ijtc-714	206	8	contradict	contradict	VERB
ijtc-714	206	9	the	the	DET
ijtc-714	206	10	results	result	NOUN
ijtc-714	206	11	of	of	ADP
ijtc-714	206	12	(	(	PUNCT
ijtc-714	206	13	a.	a.	NOUN
ijtc-714	206	14	dewanti	dewanti	PROPN
ijtc-714	206	15	et	et	PROPN
ijtc-714	206	16	al	al	PROPN
ijtc-714	206	17	.	.	PROPN
ijtc-714	206	18	,	,	PUNCT
ijtc-714	206	19	2018	2018	NUM
ijtc-714	206	20	)	)	PUNCT
ijtc-714	206	21	.	.	PUNCT
ijtc-714	207	1	the	the	DET
ijtc-714	207	2	risk	risk	NOUN
ijtc-714	207	3	of	of	ADP
ijtc-714	207	4	financial	financial	ADJ
ijtc-714	207	5	distress	distress	NOUN
ijtc-714	207	6	can	can	AUX
ijtc-714	207	7	be	be	AUX
ijtc-714	207	8	assessed	assess	VERB
ijtc-714	207	9	using	use	VERB
ijtc-714	207	10	leverage	leverage	NOUN
ijtc-714	207	11	.	.	PUNCT
ijtc-714	208	1	since	since	SCONJ
ijtc-714	208	2	the	the	DET
ijtc-714	208	3	number	number	NOUN
ijtc-714	208	4	of	of	ADP
ijtc-714	208	5	shares	share	NOUN
ijtc-714	208	6	owned	own	VERB
ijtc-714	208	7	does	do	AUX
ijtc-714	208	8	not	not	PART
ijtc-714	208	9	guarantee	guarantee	VERB
ijtc-714	208	10	the	the	DET
ijtc-714	208	11	debt	debt	NOUN
ijtc-714	208	12	the	the	DET
ijtc-714	208	13	business	business	NOUN
ijtc-714	208	14	owns	own	VERB
ijtc-714	208	15	,	,	PUNCT
ijtc-714	208	16	a	a	DET
ijtc-714	208	17	company	company	NOUN
ijtc-714	208	18	with	with	ADP
ijtc-714	208	19	a	a	DET
ijtc-714	208	20	large	large	ADJ
ijtc-714	208	21	amount	amount	NOUN
ijtc-714	208	22	of	of	ADP
ijtc-714	208	23	debt	debt	NOUN
ijtc-714	208	24	may	may	AUX
ijtc-714	208	25	breach	breach	VERB
ijtc-714	208	26	its	its	PRON
ijtc-714	208	27	debt	debt	NOUN
ijtc-714	208	28	agreements	agreement	NOUN
ijtc-714	208	29	with	with	ADP
ijtc-714	208	30	creditors	creditor	NOUN
ijtc-714	208	31	.	.	PUNCT
ijtc-714	209	1	the	the	DET
ijtc-714	209	2	high	high	ADJ
ijtc-714	209	3	-	-	PUNCT
ijtc-714	209	4	interest	interest	NOUN
ijtc-714	209	5	rates	rate	NOUN
ijtc-714	209	6	will	will	AUX
ijtc-714	209	7	apply	apply	VERB
ijtc-714	209	8	to	to	ADP
ijtc-714	209	9	businesses	business	NOUN
ijtc-714	209	10	that	that	PRON
ijtc-714	209	11	have	have	VERB
ijtc-714	209	12	a	a	DET
ijtc-714	209	13	significant	significant	ADJ
ijtc-714	209	14	amount	amount	NOUN
ijtc-714	209	15	of	of	ADP
ijtc-714	209	16	debt	debt	NOUN
ijtc-714	209	17	.	.	PUNCT
ijtc-714	210	1	meanwhile	meanwhile	ADV
ijtc-714	210	2	,	,	PUNCT
ijtc-714	210	3	the	the	DET
ijtc-714	210	4	company	company	NOUN
ijtc-714	210	5	's	's	PART
ijtc-714	210	6	book	book	NOUN
ijtc-714	210	7	value	value	NOUN
ijtc-714	210	8	for	for	ADP
ijtc-714	210	9	its	its	PRON
ijtc-714	210	10	shares	share	NOUN
ijtc-714	210	11	is	be	AUX
ijtc-714	210	12	negative	negative	ADJ
ijtc-714	210	13	because	because	SCONJ
ijtc-714	210	14	its	its	PRON
ijtc-714	210	15	total	total	ADJ
ijtc-714	210	16	debt	debt	NOUN
ijtc-714	210	17	is	be	AUX
ijtc-714	210	18	higher	high	ADJ
ijtc-714	210	19	than	than	ADP
ijtc-714	210	20	its	its	PRON
ijtc-714	210	21	total	total	ADJ
ijtc-714	210	22	equity	equity	NOUN
ijtc-714	210	23	.	.	PUNCT
ijtc-714	211	1	conclusion	conclusion	NOUN
ijtc-714	211	2	leverage	leverage	NOUN
ijtc-714	211	3	,	,	PUNCT
ijtc-714	211	4	earnings	earning	NOUN
ijtc-714	211	5	management	management	NOUN
ijtc-714	211	6	,	,	PUNCT
ijtc-714	211	7	and	and	CCONJ
ijtc-714	211	8	investment	investment	NOUN
ijtc-714	211	9	decisions	decision	NOUN
ijtc-714	211	10	have	have	VERB
ijtc-714	211	11	no	no	DET
ijtc-714	211	12	effect	effect	NOUN
ijtc-714	211	13	on	on	ADP
ijtc-714	211	14	financial	financial	ADJ
ijtc-714	211	15	distress	distress	NOUN
ijtc-714	211	16	.	.	PUNCT
ijtc-714	212	1	liquidity	liquidity	NOUN
ijtc-714	212	2	,	,	PUNCT
ijtc-714	212	3	free	free	ADJ
ijtc-714	212	4	cash	cash	NOUN
ijtc-714	212	5	flow	flow	NOUN
ijtc-714	212	6	,	,	PUNCT
ijtc-714	212	7	and	and	CCONJ
ijtc-714	212	8	the	the	DET
ijtc-714	212	9	interest	interest	NOUN
ijtc-714	212	10	coverage	coverage	NOUN
ijtc-714	212	11	ratio	ratio	NOUN
ijtc-714	212	12	all	all	PRON
ijtc-714	212	13	have	have	VERB
ijtc-714	212	14	a	a	DET
ijtc-714	212	15	negative	negative	ADJ
ijtc-714	212	16	effect	effect	NOUN
ijtc-714	212	17	on	on	ADP
ijtc-714	212	18	financial	financial	ADJ
ijtc-714	212	19	distress	distress	NOUN
ijtc-714	212	20	.	.	PUNCT
ijtc-714	213	1	interest	interest	NOUN
ijtc-714	213	2	coverage	coverage	NOUN
ijtc-714	213	3	ratio	ratio	NOUN
ijtc-714	213	4	and	and	CCONJ
ijtc-714	213	5	free	free	ADJ
ijtc-714	213	6	cash	cash	NOUN
ijtc-714	213	7	flow	flow	NOUN
ijtc-714	213	8	are	be	AUX
ijtc-714	213	9	used	use	VERB
ijtc-714	213	10	in	in	ADP
ijtc-714	213	11	relation	relation	NOUN
ijtc-714	213	12	to	to	ADP
ijtc-714	213	13	the	the	DET
ijtc-714	213	14	theory	theory	NOUN
ijtc-714	213	15	of	of	ADP
ijtc-714	213	16	signaling	signal	VERB
ijtc-714	213	17	variables	variable	NOUN
ijtc-714	213	18	of	of	ADP
ijtc-714	213	19	liquidity	liquidity	NOUN
ijtc-714	213	20	to	to	PART
ijtc-714	213	21	determine	determine	VERB
ijtc-714	213	22	whether	whether	SCONJ
ijtc-714	213	23	the	the	DET
ijtc-714	213	24	company	company	NOUN
ijtc-714	213	25	is	be	AUX
ijtc-714	213	26	in	in	ADP
ijtc-714	213	27	financial	financial	ADJ
ijtc-714	213	28	distress	distress	NOUN
ijtc-714	213	29	or	or	CCONJ
ijtc-714	213	30	not	not	PART
ijtc-714	213	31	.	.	PUNCT
ijtc-714	214	1	the	the	DET
ijtc-714	214	2	free	free	ADJ
ijtc-714	214	3	cash	cash	NOUN
ijtc-714	214	4	flow	flow	NOUN
ijtc-714	214	5	hypothesis	hypothesis	NOUN
ijtc-714	214	6	is	be	AUX
ijtc-714	214	7	supported	support	VERB
ijtc-714	214	8	by	by	ADP
ijtc-714	214	9	this	this	DET
ijtc-714	214	10	study	study	NOUN
ijtc-714	214	11	and	and	CCONJ
ijtc-714	214	12	is	be	AUX
ijtc-714	214	13	related	relate	VERB
ijtc-714	214	14	to	to	ADP
ijtc-714	214	15	agency	agency	NOUN
ijtc-714	214	16	theory	theory	NOUN
ijtc-714	214	17	,	,	PUNCT
ijtc-714	214	18	although	although	SCONJ
ijtc-714	214	19	agency	agency	NOUN
ijtc-714	214	20	theory	theory	NOUN
ijtc-714	214	21	is	be	AUX
ijtc-714	214	22	not	not	PART
ijtc-714	214	23	supported	support	VERB
ijtc-714	214	24	by	by	ADP
ijtc-714	214	25	earnings	earning	NOUN
ijtc-714	214	26	management	management	NOUN
ijtc-714	214	27	or	or	CCONJ
ijtc-714	214	28	investing	investing	NOUN
ijtc-714	214	29	.	.	PUNCT
ijtc-714	215	1	according	accord	VERB
ijtc-714	215	2	to	to	ADP
ijtc-714	215	3	the	the	DET
ijtc-714	215	4	free	free	ADJ
ijtc-714	215	5	cash	cash	NOUN
ijtc-714	215	6	flow	flow	NOUN
ijtc-714	215	7	https://www.ilomata.org/index.php/ijtc	https://www.ilomata.org/index.php/ijtc	ADJ
ijtc-714	215	8	effect	effect	NOUN
ijtc-714	215	9	of	of	ADP
ijtc-714	215	10	investment	investment	NOUN
ijtc-714	215	11	,	,	PUNCT
ijtc-714	215	12	free	free	ADJ
ijtc-714	215	13	cash	cash	NOUN
ijtc-714	215	14	flow	flow	NOUN
ijtc-714	215	15	,	,	PUNCT
ijtc-714	215	16	earnings	earning	NOUN
ijtc-714	215	17	management	management	NOUN
ijtc-714	215	18	,	,	PUNCT
ijtc-714	215	19	interest	interest	NOUN
ijtc-714	215	20	coverage	coverage	NOUN
ijtc-714	215	21	ratio	ratio	NOUN
ijtc-714	215	22	,	,	PUNCT
ijtc-714	215	23	liquidity	liquidity	NOUN
ijtc-714	215	24	,	,	PUNCT
ijtc-714	215	25	and	and	CCONJ
ijtc-714	215	26	leverage	leverage	NOUN
ijtc-714	215	27	on	on	ADP
ijtc-714	215	28	financial	financial	ADJ
ijtc-714	215	29	distress	distress	NOUN
ijtc-714	215	30	suranta	suranta	NOUN
ijtc-714	215	31	,	,	PUNCT
ijtc-714	215	32	satrio	satrio	PROPN
ijtc-714	215	33	,	,	PUNCT
ijtc-714	215	34	and	and	CCONJ
ijtc-714	215	35	midiastuty	midiastuty	VERB
ijtc-714	215	36	293	293	NUM
ijtc-714	215	37	|	|	ADV
ijtc-714	215	38	ilomata	ilomata	VERB
ijtc-714	215	39	international	international	ADJ
ijtc-714	215	40	journal	journal	NOUN
ijtc-714	215	41	of	of	ADP
ijtc-714	215	42	tax	tax	PROPN
ijtc-714	215	43	&	&	CCONJ
ijtc-714	215	44	accounting	accounting	PROPN
ijtc-714	215	45	https://www.ilomata.org/index.php/ijtc	https://www.ilomata.org/index.php/ijtc	PROPN
ijtc-714	215	46	hypothesis	hypothesis	NOUN
ijtc-714	215	47	,	,	PUNCT
ijtc-714	215	48	managers	manager	NOUN
ijtc-714	215	49	will	will	AUX
ijtc-714	215	50	generally	generally	ADV
ijtc-714	215	51	prioritize	prioritize	VERB
ijtc-714	215	52	business	business	NOUN
ijtc-714	215	53	growth	growth	NOUN
ijtc-714	215	54	over	over	ADP
ijtc-714	215	55	paying	pay	VERB
ijtc-714	215	56	dividends	dividend	NOUN
ijtc-714	215	57	to	to	ADP
ijtc-714	215	58	investors	investor	NOUN
ijtc-714	215	59	in	in	ADP
ijtc-714	215	60	agency	agency	NOUN
ijtc-714	215	61	theory	theory	NOUN
ijtc-714	215	62	.	.	PUNCT
ijtc-714	216	1	reference	reference	PROPN
ijtc-714	216	2	abu	abu	PROPN
ijtc-714	216	3	,	,	PUNCT
ijtc-714	216	4	m.	m.	NOUN
ijtc-714	216	5	,	,	PUNCT
ijtc-714	216	6	ibrahim	ibrahim	PROPN
ijtc-714	216	7	,	,	PUNCT
ijtc-714	216	8	u.	u.	PROPN
ijtc-714	216	9	a.	a.	PROPN
ijtc-714	216	10	,	,	PUNCT
ijtc-714	216	11	&	&	CCONJ
ijtc-714	216	12	muritala	muritala	PROPN
ijtc-714	216	13	,	,	PUNCT
ijtc-714	216	14	t.	t.	NOUN
ijtc-714	216	15	a.	a.	NOUN
ijtc-714	216	16	(	(	PUNCT
ijtc-714	216	17	2022	2022	NUM
ijtc-714	216	18	)	)	PUNCT
ijtc-714	216	19	.	.	PUNCT
ijtc-714	217	1	effect	effect	NOUN
ijtc-714	217	2	of	of	ADP
ijtc-714	217	3	board	board	NOUN
ijtc-714	217	4	characteristics	characteristic	NOUN
ijtc-714	217	5	and	and	CCONJ
ijtc-714	217	6	risk	risk	NOUN
ijtc-714	217	7	management	management	NOUN
ijtc-714	217	8	practices	practice	NOUN
ijtc-714	217	9	on	on	ADP
ijtc-714	217	10	the	the	DET
ijtc-714	217	11	financial	financial	ADJ
ijtc-714	217	12	performance	performance	NOUN
ijtc-714	217	13	of	of	ADP
ijtc-714	217	14	listed	list	VERB
ijtc-714	217	15	non	non	ADJ
ijtc-714	217	16	-	-	ADJ
ijtc-714	217	17	financial	financial	ADJ
ijtc-714	217	18	firms	firm	NOUN
ijtc-714	217	19	in	in	ADP
ijtc-714	217	20	nigeria	nigeria	PROPN
ijtc-714	217	21	.	.	PUNCT
ijtc-714	218	1	problems	problem	NOUN
ijtc-714	218	2	and	and	CCONJ
ijtc-714	218	3	perspectives	perspective	NOUN
ijtc-714	218	4	in	in	ADP
ijtc-714	218	5	management	management	NOUN
ijtc-714	218	6	,	,	PUNCT
ijtc-714	218	7	20(3	20(3	NOUN
ijtc-714	218	8	)	)	PUNCT
ijtc-714	218	9	,	,	PUNCT
ijtc-714	218	10	285–296	285–296	NUM
ijtc-714	218	11	.	.	PUNCT
ijtc-714	218	12	https://doi.org/10.21511/ppm.20(3).2022.23	https://doi.org/10.21511/ppm.20(3).2022.23	SYM
ijtc-714	218	13	almilia	almilia	PROPN
ijtc-714	218	14	,	,	PUNCT
ijtc-714	218	15	l.	l.	PROPN
ijtc-714	218	16	s.	s.	PROPN
ijtc-714	218	17	,	,	PUNCT
ijtc-714	218	18	&	&	CCONJ
ijtc-714	218	19	kristijadi	kristijadi	PROPN
ijtc-714	218	20	,	,	PUNCT
ijtc-714	218	21	k.	k.	PROPN
ijtc-714	218	22	(	(	PUNCT
ijtc-714	218	23	2003	2003	NUM
ijtc-714	218	24	)	)	PUNCT
ijtc-714	218	25	.	.	PUNCT
ijtc-714	219	1	analisis	analisis	ADJ
ijtc-714	219	2	rasio	rasio	NOUN
ijtc-714	219	3	keuangan	keuangan	PROPN
ijtc-714	219	4	untuk	untuk	PROPN
ijtc-714	219	5	memprediksi	memprediksi	PROPN
ijtc-714	219	6	kondisi	kondisi	PROPN
ijtc-714	219	7	ffianancial	ffianancial	PROPN
ijtc-714	219	8	distress	distress	PROPN
ijtc-714	219	9	perusahaan	perusahaan	PROPN
ijtc-714	219	10	manufaktur	manufaktur	PROPN
ijtc-714	219	11	yang	yang	PROPN
ijtc-714	219	12	terdaftar	terdaftar	PROPN
ijtc-714	219	13	di	di	PROPN
ijtc-714	219	14	bursa	bursa	PROPN
ijtc-714	219	15	efek	efek	PROPN
ijtc-714	219	16	jakarta	jakarta	PROPN
ijtc-714	219	17	.	.	PUNCT
ijtc-714	220	1	jurnal	jurnal	PROPN
ijtc-714	220	2	akuntansi	akuntansi	PROPN
ijtc-714	220	3	dan	dan	PROPN
ijtc-714	220	4	auditing	auditing	PROPN
ijtc-714	220	5	indonesia	indonesia	PROPN
ijtc-714	220	6	,	,	PUNCT
ijtc-714	220	7	7(2	7(2	NUM
ijtc-714	220	8	)	)	PUNCT
ijtc-714	220	9	,	,	PUNCT
ijtc-714	220	10	183–210	183–210	NUM
ijtc-714	220	11	.	.	PUNCT
ijtc-714	221	1	http://www.jurnal.uii.ac.id/index.php/jaai/article/view/846	http://www.jurnal.uii.ac.id/index.php/jaai/article/view/846	PROPN
ijtc-714	221	2	.	.	PUNCT
ijtc-714	222	1	audina	audina	PROPN
ijtc-714	222	2	,	,	PUNCT
ijtc-714	222	3	b.	b.	PROPN
ijtc-714	222	4	p.	p.	PROPN
ijtc-714	222	5	(	(	PUNCT
ijtc-714	222	6	2018	2018	NUM
ijtc-714	222	7	)	)	PUNCT
ijtc-714	222	8	.	.	PUNCT
ijtc-714	223	1	pengaruh	pengaruh	NOUN
ijtc-714	223	2	financial	financial	ADJ
ijtc-714	223	3	leverage	leverage	NOUN
ijtc-714	223	4	,	,	PUNCT
ijtc-714	223	5	struktur	struktur	X
ijtc-714	223	6	modal	modal	NOUN
ijtc-714	223	7	dan	dan	PROPN
ijtc-714	223	8	total	total	ADJ
ijtc-714	223	9	asset	asset	NOUN
ijtc-714	223	10	growth	growth	NOUN
ijtc-714	223	11	terhadap	terhadap	PROPN
ijtc-714	223	12	financial	financial	PROPN
ijtc-714	223	13	distress	distress	PROPN
ijtc-714	223	14	pada	pada	PROPN
ijtc-714	223	15	perusahaan	perusahaan	PROPN
ijtc-714	223	16	subsektor	subsektor	PROPN
ijtc-714	223	17	pulp	pulp	PROPN
ijtc-714	223	18	dan	dan	PROPN
ijtc-714	223	19	kertas	kertas	PROPN
ijtc-714	223	20	yang	yang	PROPN
ijtc-714	223	21	terdaftar	terdaftar	PROPN
ijtc-714	223	22	di	di	PROPN
ijtc-714	223	23	bursa	bursa	PROPN
ijtc-714	223	24	efek	efek	NOUN
ijtc-714	223	25	indonesia	indonesia	PROPN
ijtc-714	223	26	(	(	PUNCT
ijtc-714	223	27	vol	vol	NOUN
ijtc-714	223	28	.	.	PROPN
ijtc-714	223	29	14	14	NUM
ijtc-714	223	30	,	,	PUNCT
ijtc-714	223	31	issue	issue	NOUN
ijtc-714	223	32	1	1	NUM
ijtc-714	223	33	,	,	PUNCT
ijtc-714	223	34	pp	pp	ADJ
ijtc-714	223	35	.	.	PUNCT
ijtc-714	224	1	76–90	76–90	NUM
ijtc-714	224	2	)	)	PUNCT
ijtc-714	224	3	.	.	PUNCT
ijtc-714	225	1	bisogno	bisogno	PROPN
ijtc-714	225	2	,	,	PUNCT
ijtc-714	225	3	m.	m.	NOUN
ijtc-714	225	4	,	,	PUNCT
ijtc-714	225	5	&	&	CCONJ
ijtc-714	225	6	luca	luca	PROPN
ijtc-714	225	7	,	,	PUNCT
ijtc-714	225	8	r.	r.	PROPN
ijtc-714	225	9	(	(	PUNCT
ijtc-714	225	10	2015	2015	NUM
ijtc-714	225	11	)	)	PUNCT
ijtc-714	225	12	.	.	PUNCT
ijtc-714	226	1	financial	financial	ADJ
ijtc-714	226	2	distress	distress	NOUN
ijtc-714	226	3	and	and	CCONJ
ijtc-714	226	4	earnings	earning	NOUN
ijtc-714	226	5	manipulatiom	manipulatiom	NOUN
ijtc-714	226	6	:	:	PUNCT
ijtc-714	226	7	evidence	evidence	NOUN
ijtc-714	226	8	from	from	ADP
ijtc-714	226	9	italia	italia	PROPN
ijtc-714	226	10	smes	smes	PROPN
ijtc-714	226	11	.	.	PUNCT
ijtc-714	227	1	journal	journal	PROPN
ijtc-714	227	2	of	of	ADP
ijtc-714	227	3	accounting	accounting	NOUN
ijtc-714	227	4	and	and	CCONJ
ijtc-714	227	5	finance	finance	NOUN
ijtc-714	227	6	,	,	PUNCT
ijtc-714	227	7	4(1	4(1	NOUN
ijtc-714	227	8	)	)	PUNCT
ijtc-714	227	9	,	,	PUNCT
ijtc-714	227	10	42–51	42–51	PROPN
ijtc-714	227	11	.	.	PUNCT
ijtc-714	228	1	budiarso	budiarso	PROPN
ijtc-714	228	2	,	,	PUNCT
ijtc-714	228	3	n.	n.	PROPN
ijtc-714	228	4	s.	s.	PROPN
ijtc-714	228	5	(	(	PUNCT
ijtc-714	228	6	2014	2014	NUM
ijtc-714	228	7	)	)	PUNCT
ijtc-714	228	8	.	.	PUNCT
ijtc-714	229	1	pengaruh	pengaruh	PROPN
ijtc-714	229	2	struktur	struktur	PROPN
ijtc-714	229	3	kepemilikan	kepemilikan	PROPN
ijtc-714	229	4	,	,	PUNCT
ijtc-714	229	5	likuiditas	likuiditas	PROPN
ijtc-714	229	6	dan	dan	PROPN
ijtc-714	229	7	leverage	leverage	PROPN
ijtc-714	229	8	terhadap	terhadap	PROPN
ijtc-714	229	9	financial	financial	ADJ
ijtc-714	229	10	distress	distress	NOUN
ijtc-714	229	11	.	.	PUNCT
ijtc-714	230	1	accountability	accountability	NOUN
ijtc-714	230	2	,	,	PUNCT
ijtc-714	230	3	3(2	3(2	NUM
ijtc-714	230	4	)	)	PUNCT
ijtc-714	230	5	,	,	PUNCT
ijtc-714	230	6	40	40	NUM
ijtc-714	230	7	.	.	PUNCT
ijtc-714	231	1	https://doi.org/10.32400/ja.6423.3.2.2014.40-50	https://doi.org/10.32400/ja.6423.3.2.2014.40-50	NOUN
ijtc-714	231	2	.	.	PUNCT
ijtc-714	232	1	desai	desai	PROPN
ijtc-714	232	2	,	,	PUNCT
ijtc-714	232	3	m.	m.	NOUN
ijtc-714	232	4	a.	a.	PROPN
ijtc-714	232	5	,	,	PUNCT
ijtc-714	232	6	&	&	CCONJ
ijtc-714	232	7	dharmapala	dharmapala	PROPN
ijtc-714	232	8	,	,	PUNCT
ijtc-714	232	9	d.	d.	PROPN
ijtc-714	232	10	(	(	PUNCT
ijtc-714	232	11	2009	2009	NUM
ijtc-714	232	12	)	)	PUNCT
ijtc-714	232	13	.	.	PUNCT
ijtc-714	233	1	earnings	earning	NOUN
ijtc-714	233	2	management	management	NOUN
ijtc-714	233	3	,	,	PUNCT
ijtc-714	233	4	corporate	corporate	ADJ
ijtc-714	233	5	tax	tax	NOUN
ijtc-714	233	6	shelters	shelter	NOUN
ijtc-714	233	7	,	,	PUNCT
ijtc-714	233	8	and	and	CCONJ
ijtc-714	233	9	book	book	NOUN
ijtc-714	233	10	tax	tax	NOUN
ijtc-714	233	11	alignment	alignment	NOUN
ijtc-714	233	12	.	.	PUNCT
ijtc-714	234	1	national	national	ADJ
ijtc-714	234	2	tax	tax	PROPN
ijtc-714	234	3	journal	journal	PROPN
ijtc-714	234	4	,	,	PUNCT
ijtc-714	234	5	62(1	62(1	NOUN
ijtc-714	234	6	)	)	PUNCT
ijtc-714	234	7	,	,	PUNCT
ijtc-714	234	8	169–186	169–186	NUM
ijtc-714	234	9	.	.	PUNCT
ijtc-714	235	1	https://doi.org/10.17310/ntj.2009.1.08	https://doi.org/10.17310/ntj.2009.1.08	PROPN
ijtc-714	235	2	.	.	PUNCT
ijtc-714	235	3	dewanti	dewanti	PROPN
ijtc-714	235	4	,	,	PUNCT
ijtc-714	235	5	a.	a.	PROPN
ijtc-714	235	6	,	,	PUNCT
ijtc-714	235	7	ardana	ardana	PROPN
ijtc-714	235	8	putra	putra	PROPN
ijtc-714	235	9	,	,	PUNCT
ijtc-714	235	10	i.	i.	PROPN
ijtc-714	235	11	n.	n.	PROPN
ijtc-714	235	12	n.	n.	PROPN
ijtc-714	235	13	,	,	PUNCT
ijtc-714	235	14	&	&	CCONJ
ijtc-714	235	15	hidayati	hidayati	PROPN
ijtc-714	235	16	,	,	PUNCT
ijtc-714	235	17	s.	s.	PROPN
ijtc-714	235	18	a.	a.	PROPN
ijtc-714	235	19	(	(	PUNCT
ijtc-714	235	20	2018	2018	NUM
ijtc-714	235	21	)	)	PUNCT
ijtc-714	235	22	.	.	PUNCT
ijtc-714	236	1	pengaruh	pengaruh	NOUN
ijtc-714	236	2	likuiditas	likuiditas	PROPN
ijtc-714	236	3	dan	dan	PROPN
ijtc-714	236	4	leverage	leverage	PROPN
ijtc-714	236	5	terhadap	terhadap	PROPN
ijtc-714	236	6	financial	financial	PROPN
ijtc-714	236	7	distress	distress	PROPN
ijtc-714	236	8	pada	pada	PROPN
ijtc-714	236	9	perusahaan	perusahaan	PROPN
ijtc-714	236	10	perdagangan	perdagangan	PROPN
ijtc-714	236	11	,	,	PUNCT
ijtc-714	236	12	pelayanan	pelayanan	PROPN
ijtc-714	236	13	jasa	jasa	PROPN
ijtc-714	236	14	dan	dan	PROPN
ijtc-714	236	15	investasi	investasi	PROPN
ijtc-714	236	16	yang	yang	PROPN
ijtc-714	236	17	terdaftar	terdaftar	PROPN
ijtc-714	236	18	di	di	PROPN
ijtc-714	236	19	bei	bei	VERB
ijtc-714	236	20	tahun	tahun	PROPN
ijtc-714	236	21	2016	2016	NUM
ijtc-714	236	22	-	-	SYM
ijtc-714	236	23	2017	2017	NUM
ijtc-714	236	24	.	.	PUNCT
ijtc-714	237	1	jmm	jmm	PROPN
ijtc-714	237	2	unram	unram	PROPN
ijtc-714	237	3	master	master	PROPN
ijtc-714	237	4	of	of	ADP
ijtc-714	237	5	management	management	NOUN
ijtc-714	237	6	journal	journal	NOUN
ijtc-714	237	7	,	,	PUNCT
ijtc-714	237	8	7(3	7(3	NUM
ijtc-714	237	9	)	)	PUNCT
ijtc-714	237	10	,	,	PUNCT
ijtc-714	237	11	78	78	NUM
ijtc-714	237	12	.	.	PUNCT
ijtc-714	238	1	https://doi.org/10.29303/jmm.v7i3.341	https://doi.org/10.29303/jmm.v7i3.341	PROPN
ijtc-714	238	2	.	.	PROPN
ijtc-714	238	3	dewanti	dewanti	PROPN
ijtc-714	238	4	,	,	PUNCT
ijtc-714	238	5	i.	i.	PROPN
ijtc-714	238	6	g.	g.	PROPN
ijtc-714	238	7	,	,	PUNCT
ijtc-714	238	8	&	&	CCONJ
ijtc-714	238	9	sujana	sujana	PROPN
ijtc-714	238	10	,	,	PUNCT
ijtc-714	238	11	i.	i.	PROPN
ijtc-714	238	12	k.	k.	PROPN
ijtc-714	238	13	(	(	PUNCT
ijtc-714	238	14	2019	2019	NUM
ijtc-714	238	15	)	)	PUNCT
ijtc-714	238	16	.	.	PUNCT
ijtc-714	239	1	pengaruh	pengaruh	NOUN
ijtc-714	239	2	ukuran	ukuran	PROPN
ijtc-714	239	3	perusahaan	perusahaan	PROPN
ijtc-714	239	4	,	,	PUNCT
ijtc-714	239	5	corporate	corporate	ADJ
ijtc-714	239	6	social	social	ADJ
ijtc-714	239	7	responsibility	responsibility	NOUN
ijtc-714	239	8	,	,	PUNCT
ijtc-714	239	9	profitabilitas	profitabilitas	PROPN
ijtc-714	239	10	dan	dan	PROPN
ijtc-714	239	11	leverage	leverage	PROPN
ijtc-714	239	12	pada	pada	PROPN
ijtc-714	239	13	tax	tax	NOUN
ijtc-714	239	14	avoidance	avoidance	NOUN
ijtc-714	239	15	.	.	PUNCT
ijtc-714	240	1	e	e	X
ijtc-714	240	2	-	-	ADJ
ijtc-714	240	3	jurnal	jurnal	ADJ
ijtc-714	240	4	akuntansi	akuntansi	PROPN
ijtc-714	240	5	,	,	PUNCT
ijtc-714	240	6	28(1	28(1	NOUN
ijtc-714	240	7	)	)	PUNCT
ijtc-714	240	8	,	,	PUNCT
ijtc-714	240	9	377–406	377–406	NUM
ijtc-714	240	10	.	.	PUNCT
ijtc-714	241	1	diana	diana	PROPN
ijtc-714	241	2	,	,	PUNCT
ijtc-714	241	3	n.	n.	NOUN
ijtc-714	241	4	,	,	PUNCT
ijtc-714	241	5	&	&	CCONJ
ijtc-714	241	6	hutasoit	hutasoit	PROPN
ijtc-714	241	7	,	,	PUNCT
ijtc-714	241	8	h.	h.	PROPN
ijtc-714	241	9	(	(	PUNCT
ijtc-714	241	10	2017	2017	NUM
ijtc-714	241	11	)	)	PUNCT
ijtc-714	241	12	.	.	PUNCT
ijtc-714	242	1	pengaruh	pengaruh	NOUN
ijtc-714	242	2	free	free	ADJ
ijtc-714	242	3	cash	cash	NOUN
ijtc-714	242	4	flow	flow	NOUN
ijtc-714	242	5	dan	dan	PROPN
ijtc-714	242	6	kepemilikan	kepemilikan	PROPN
ijtc-714	242	7	institusional	institusional	PROPN
ijtc-714	242	8	terhadap	terhadap	PROPN
ijtc-714	242	9	kebijakan	kebijakan	PROPN
ijtc-714	242	10	dividen	dividen	PROPN
ijtc-714	242	11	dengan	dengan	PROPN
ijtc-714	242	12	profitabilitas	profitabilitas	PROPN
ijtc-714	242	13	sebagai	sebagai	PROPN
ijtc-714	242	14	variabel	variabel	PROPN
ijtc-714	242	15	moderating	moderating	PROPN
ijtc-714	242	16	.	.	PUNCT
ijtc-714	243	1	jurnal	jurnal	ADJ
ijtc-714	243	2	akuntansi	akuntansi	PROPN
ijtc-714	243	3	manajerial	manajerial	PROPN
ijtc-714	243	4	,	,	PUNCT
ijtc-714	243	5	2(2	2(2	NUM
ijtc-714	243	6	)	)	PUNCT
ijtc-714	243	7	,	,	PUNCT
ijtc-714	243	8	77–89	77–89	NUM
ijtc-714	243	9	.	.	PUNCT
ijtc-714	244	1	dudley	dudley	PROPN
ijtc-714	244	2	,	,	PUNCT
ijtc-714	244	3	e.	e.	PROPN
ijtc-714	244	4	,	,	PUNCT
ijtc-714	244	5	andrén	andrén	PROPN
ijtc-714	244	6	,	,	PUNCT
ijtc-714	244	7	n.	n.	NOUN
ijtc-714	244	8	,	,	PUNCT
ijtc-714	244	9	&	&	CCONJ
ijtc-714	244	10	jankensgård	jankensgård	PROPN
ijtc-714	244	11	,	,	PUNCT
ijtc-714	244	12	h.	h.	PROPN
ijtc-714	244	13	(	(	PUNCT
ijtc-714	244	14	2022	2022	NUM
ijtc-714	244	15	)	)	PUNCT
ijtc-714	244	16	.	.	PUNCT
ijtc-714	245	1	how	how	SCONJ
ijtc-714	245	2	do	do	AUX
ijtc-714	245	3	firms	firm	NOUN
ijtc-714	245	4	hedge	hedge	VERB
ijtc-714	245	5	in	in	ADP
ijtc-714	245	6	financial	financial	ADJ
ijtc-714	245	7	distress	distress	NOUN
ijtc-714	245	8	?	?	PUNCT
ijtc-714	246	1	journal	journal	NOUN
ijtc-714	246	2	of	of	ADP
ijtc-714	246	3	futures	future	NOUN
ijtc-714	246	4	markets	market	NOUN
ijtc-714	246	5	,	,	PUNCT
ijtc-714	246	6	42(7	42(7	NOUN
ijtc-714	246	7	)	)	PUNCT
ijtc-714	246	8	,	,	PUNCT
ijtc-714	246	9	1324–1351	1324–1351	NUM
ijtc-714	246	10	.	.	PUNCT
ijtc-714	247	1	https://doi.org/10.1002/fut.22336	https://doi.org/10.1002/fut.22336	PROPN
ijtc-714	247	2	epato	epato	PROPN
ijtc-714	247	3	,	,	PUNCT
ijtc-714	247	4	m.	m.	NOUN
ijtc-714	247	5	(	(	PUNCT
ijtc-714	247	6	2020	2020	NUM
ijtc-714	247	7	)	)	PUNCT
ijtc-714	247	8	.	.	PUNCT
ijtc-714	248	1	pengaruh	pengaruh	PROPN
ijtc-714	248	2	financial	financial	ADJ
ijtc-714	248	3	distress	distress	PROPN
ijtc-714	248	4	terhadap	terhadap	PROPN
ijtc-714	248	5	keputusan	keputusan	PROPN
ijtc-714	248	6	investasi	investasi	PROPN
ijtc-714	248	7	dengan	dengan	PROPN
ijtc-714	248	8	peluang	peluang	PROPN
ijtc-714	248	9	investasi	investasi	PROPN
ijtc-714	248	10	sebagai	sebagai	PROPN
ijtc-714	248	11	variabel	variabel	PROPN
ijtc-714	248	12	moderasi	moderasi	PROPN
ijtc-714	248	13	pada	pada	PROPN
ijtc-714	248	14	perusahaan	perusahaan	PROPN
ijtc-714	248	15	manufaktur	manufaktur	PROPN
ijtc-714	248	16	yang	yang	PROPN
ijtc-714	248	17	terdaftar	terdaftar	PROPN
ijtc-714	248	18	di	di	PROPN
ijtc-714	248	19	bursa	bursa	PROPN
ijtc-714	248	20	efek	efek	PROPN
ijtc-714	248	21	indonesia	indonesia	PROPN
ijtc-714	248	22	periode	periode	PROPN
ijtc-714	248	23	.	.	PUNCT
ijtc-714	249	1	fadhilah	fadhilah	PROPN
ijtc-714	249	2	,	,	PUNCT
ijtc-714	249	3	s.	s.	PROPN
ijtc-714	249	4	n.	n.	PROPN
ijtc-714	249	5	(	(	PUNCT
ijtc-714	249	6	2020	2020	NUM
ijtc-714	249	7	)	)	PUNCT
ijtc-714	249	8	.	.	PUNCT
ijtc-714	250	1	pengaruh	pengaruh	NOUN
ijtc-714	250	2	financial	financial	ADJ
ijtc-714	250	3	leverage	leverage	NOUN
ijtc-714	250	4	,	,	PUNCT
ijtc-714	250	5	struktur	struktur	X
ijtc-714	250	6	modal	modal	NOUN
ijtc-714	250	7	,	,	PUNCT
ijtc-714	250	8	dan	dan	PROPN
ijtc-714	250	9	total	total	ADJ
ijtc-714	250	10	asset	asset	NOUN
ijtc-714	250	11	growth	growth	NOUN
ijtc-714	250	12	terhadap	terhadap	PROPN
ijtc-714	250	13	financial	financial	ADJ
ijtc-714	250	14	distress	distress	NOUN
ijtc-714	250	15	.	.	PUNCT
ijtc-714	251	1	prosiding	proside	VERB
ijtc-714	251	2	manajemen	manajeman	NOUN
ijtc-714	251	3	,	,	PUNCT
ijtc-714	251	4	6(2	6(2	NUM
ijtc-714	251	5	)	)	PUNCT
ijtc-714	251	6	,	,	PUNCT
ijtc-714	251	7	865–871	865–871	NUM
ijtc-714	251	8	.	.	PUNCT
ijtc-714	252	1	https://www.ilomata.org/index.php/ijtc	https://www.ilomata.org/index.php/ijtc	ADJ
ijtc-714	252	2	effect	effect	NOUN
ijtc-714	252	3	of	of	ADP
ijtc-714	252	4	investment	investment	NOUN
ijtc-714	252	5	,	,	PUNCT
ijtc-714	252	6	free	free	ADJ
ijtc-714	252	7	cash	cash	NOUN
ijtc-714	252	8	flow	flow	NOUN
ijtc-714	252	9	,	,	PUNCT
ijtc-714	252	10	earnings	earning	NOUN
ijtc-714	252	11	management	management	NOUN
ijtc-714	252	12	,	,	PUNCT
ijtc-714	252	13	interest	interest	NOUN
ijtc-714	252	14	coverage	coverage	NOUN
ijtc-714	252	15	ratio	ratio	NOUN
ijtc-714	252	16	,	,	PUNCT
ijtc-714	252	17	liquidity	liquidity	NOUN
ijtc-714	252	18	,	,	PUNCT
ijtc-714	252	19	and	and	CCONJ
ijtc-714	252	20	leverage	leverage	NOUN
ijtc-714	252	21	on	on	ADP
ijtc-714	252	22	financial	financial	ADJ
ijtc-714	252	23	distress	distress	NOUN
ijtc-714	252	24	suranta	suranta	NOUN
ijtc-714	252	25	,	,	PUNCT
ijtc-714	252	26	satrio	satrio	PROPN
ijtc-714	252	27	,	,	PUNCT
ijtc-714	252	28	and	and	CCONJ
ijtc-714	252	29	midiastuty	midiastuty	VERB
ijtc-714	252	30	294	294	NUM
ijtc-714	252	31	|	|	ADV
ijtc-714	252	32	ilomata	ilomata	PROPN
ijtc-714	252	33	international	international	ADJ
ijtc-714	252	34	journal	journal	NOUN
ijtc-714	252	35	of	of	ADP
ijtc-714	252	36	tax	tax	PROPN
ijtc-714	252	37	&	&	CCONJ
ijtc-714	252	38	accounting	accounting	PROPN
ijtc-714	252	39	https://www.ilomata.org/index.php/ijtc	https://www.ilomata.org/index.php/ijtc	PROPN
ijtc-714	252	40	febriml	febriml	NOUN
ijtc-714	252	41	dwijayanti	dwijayanti	ADJ
ijtc-714	252	42	universitas	universita	NOUN
ijtc-714	252	43	katolik	katolik	PROPN
ijtc-714	252	44	widya	widya	PROPN
ijtc-714	252	45	mandala	mandala	PROPN
ijtc-714	252	46	surabaya	surabaya	PROPN
ijtc-714	252	47	,	,	PUNCT
ijtc-714	252	48	p.	p.	NOUN
ijtc-714	252	49	(	(	PUNCT
ijtc-714	252	50	2010	2010	NUM
ijtc-714	252	51	)	)	PUNCT
ijtc-714	252	52	.	.	PUNCT
ijtc-714	253	1	penyebab	penyebab	PROPN
ijtc-714	253	2	,	,	PUNCT
ijtc-714	253	3	dampak	dampak	PROPN
ijtc-714	253	4	,	,	PUNCT
ijtc-714	253	5	dan	dan	PROPN
ijtc-714	253	6	prediksi	prediksi	PROPN
ijtc-714	253	7	dari	dari	PROPN
ijtc-714	253	8	financial	financial	ADJ
ijtc-714	253	9	distress	distress	PROPN
ijtc-714	253	10	serta	serta	PROPN
ijtc-714	253	11	solusi	solusi	PROPN
ijtc-714	253	12	untuk	untuk	PROPN
ijtc-714	253	13	mengatasi	mengatasi	PROPN
ijtc-714	253	14	financial	financial	ADJ
ijtc-714	253	15	distress	distress	NOUN
ijtc-714	253	16	(	(	PUNCT
ijtc-714	253	17	j.u.l.i	j.u.l.i	PROPN
ijtc-714	253	18	.	.	PROPN
ijtc-714	253	19	,	,	PUNCT
ijtc-714	253	20	ed	ed	NOUN
ijtc-714	253	21	.	.	PUNCT
ijtc-714	253	22	;	;	PUNCT
ijtc-714	253	23	vol	vol	NOUN
ijtc-714	253	24	.	.	NOUN
ijtc-714	253	25	2	2	NUM
ijtc-714	253	26	,	,	PUNCT
ijtc-714	253	27	issue	issue	VERB
ijtc-714	253	28	ue	ue	ADJ
ijtc-714	253	29	2	2	NUM
ijtc-714	253	30	)	)	PUNCT
ijtc-714	253	31	)	)	PUNCT
ijtc-714	253	32	.	.	PUNCT
ijtc-714	254	1	http://www.bi.go.id	http://www.bi.go.id	PROPN
ijtc-714	254	2	.	.	PUNCT
ijtc-714	254	3	gamayuni	gamayuni	PROPN
ijtc-714	254	4	,	,	PUNCT
ijtc-714	254	5	r.	r.	PROPN
ijtc-714	254	6	r.	r.	PROPN
ijtc-714	254	7	(	(	PUNCT
ijtc-714	254	8	2011	2011	NUM
ijtc-714	254	9	)	)	PUNCT
ijtc-714	254	10	.	.	PUNCT
ijtc-714	255	1	analisis	analisis	ADJ
ijtc-714	255	2	ketepatan	ketepatan	PROPN
ijtc-714	255	3	model	model	PROPN
ijtc-714	255	4	altman	altman	PROPN
ijtc-714	255	5	sebagai	sebagai	PROPN
ijtc-714	255	6	alat	alat	PROPN
ijtc-714	255	7	untuk	untuk	PROPN
ijtc-714	255	8	memprediksi	memprediksi	PROPN
ijtc-714	255	9	kebangkrutan	kebangkrutan	PROPN
ijtc-714	255	10	.	.	PUNCT
ijtc-714	256	1	jurnal	jurnal	PROPN
ijtc-714	256	2	akuntansi	akuntansi	PROPN
ijtc-714	256	3	dan	dan	PROPN
ijtc-714	256	4	keuangan	keuangan	PROPN
ijtc-714	256	5	,	,	PUNCT
ijtc-714	256	6	16(2	16(2	NUM
ijtc-714	256	7	)	)	PUNCT
ijtc-714	256	8	,	,	PUNCT
ijtc-714	256	9	158–176	158–176	NUM
ijtc-714	256	10	.	.	PUNCT
ijtc-714	257	1	ghazali	ghazali	PROPN
ijtc-714	257	2	,	,	PUNCT
ijtc-714	257	3	a.	a.	PROPN
ijtc-714	257	4	w.	w.	PROPN
ijtc-714	257	5	,	,	PUNCT
ijtc-714	257	6	shafie	shafie	NOUN
ijtc-714	257	7	,	,	PUNCT
ijtc-714	257	8	n.	n.	NOUN
ijtc-714	257	9	a.	a.	PROPN
ijtc-714	257	10	,	,	PUNCT
ijtc-714	257	11	&	&	CCONJ
ijtc-714	257	12	sanusi	sanusi	PROPN
ijtc-714	257	13	,	,	PUNCT
ijtc-714	257	14	z.	z.	PROPN
ijtc-714	257	15	m.	m.	PROPN
ijtc-714	257	16	(	(	PUNCT
ijtc-714	257	17	2015	2015	NUM
ijtc-714	257	18	)	)	PUNCT
ijtc-714	257	19	.	.	PUNCT
ijtc-714	258	1	earnings	earning	NOUN
ijtc-714	258	2	management	management	NOUN
ijtc-714	258	3	:	:	PUNCT
ijtc-714	258	4	an	an	DET
ijtc-714	258	5	analysis	analysis	NOUN
ijtc-714	258	6	of	of	ADP
ijtc-714	258	7	opportunistic	opportunistic	ADJ
ijtc-714	258	8	behaviour	behaviour	NOUN
ijtc-714	258	9	,	,	PUNCT
ijtc-714	258	10	monitoring	monitoring	NOUN
ijtc-714	258	11	mechanism	mechanism	NOUN
ijtc-714	258	12	and	and	CCONJ
ijtc-714	258	13	financial	financial	ADJ
ijtc-714	258	14	distress	distress	NOUN
ijtc-714	258	15	.	.	PUNCT
ijtc-714	259	1	procedia	procedia	ADJ
ijtc-714	259	2	economics	economic	NOUN
ijtc-714	259	3	and	and	CCONJ
ijtc-714	259	4	finance	finance	NOUN
ijtc-714	259	5	,	,	PUNCT
ijtc-714	259	6	28(april	28(april	NUM
ijtc-714	259	7	)	)	PUNCT
ijtc-714	259	8	,	,	PUNCT
ijtc-714	259	9	190–201	190–201	NUM
ijtc-714	259	10	.	.	PUNCT
ijtc-714	260	1	https://doi.org/10.1016/s2212-5671(15)01100-4	https://doi.org/10.1016/s2212-5671(15)01100-4	PROPN
ijtc-714	260	2	hofer	hofer	PROPN
ijtc-714	260	3	.	.	PUNCT
ijtc-714	261	1	(	(	PUNCT
ijtc-714	261	2	1980	1980	NUM
ijtc-714	261	3	)	)	PUNCT
ijtc-714	261	4	.	.	PUNCT
ijtc-714	262	1	turnaround	turnaround	NOUN
ijtc-714	262	2	strategies	strategy	NOUN
ijtc-714	262	3	.	.	PUNCT
ijtc-714	263	1	trustee	trustee	NOUN
ijtc-714	263	2	 	 	SPACE
ijtc-714	263	3	:	:	PUNCT
ijtc-714	263	4	the	the	DET
ijtc-714	263	5	journal	journal	NOUN
ijtc-714	263	6	for	for	ADP
ijtc-714	263	7	hospital	hospital	NOUN
ijtc-714	263	8	governing	govern	VERB
ijtc-714	263	9	boards	board	NOUN
ijtc-714	263	10	,	,	PUNCT
ijtc-714	263	11	63(6	63(6	PROPN
ijtc-714	263	12	)	)	PUNCT
ijtc-714	263	13	,	,	PUNCT
ijtc-714	263	14	19	19	NUM
ijtc-714	263	15	–	–	SYM
ijtc-714	263	16	31	31	NUM
ijtc-714	263	17	.	.	PUNCT
ijtc-714	264	1	https://doi.org/10.4324/9781315738116-8	https://doi.org/10.4324/9781315738116-8	PROPN
ijtc-714	264	2	kartika	kartika	PROPN
ijtc-714	264	3	,	,	PUNCT
ijtc-714	264	4	a.	a.	PROPN
ijtc-714	264	5	,	,	PUNCT
ijtc-714	264	6	abdul	abdul	PROPN
ijtc-714	264	7	rozak	rozak	PROPN
ijtc-714	264	8	,	,	PUNCT
ijtc-714	264	9	h.	h.	PROPN
ijtc-714	264	10	,	,	PUNCT
ijtc-714	264	11	nurhayat	nurhayat	PROPN
ijtc-714	264	12	,	,	PUNCT
ijtc-714	264	13	i.	i.	PROPN
ijtc-714	264	14	,	,	PUNCT
ijtc-714	264	15	daniel	daniel	PROPN
ijtc-714	264	16	bagana	bagana	PROPN
ijtc-714	264	17	,	,	PUNCT
ijtc-714	264	18	b.	b.	PROPN
ijtc-714	264	19	,	,	PUNCT
ijtc-714	264	20	studi	studi	PROPN
ijtc-714	264	21	manajemen	manajemen	PROPN
ijtc-714	264	22	,	,	PUNCT
ijtc-714	264	23	p.	p.	NOUN
ijtc-714	264	24	,	,	PUNCT
ijtc-714	264	25	bisnis	bisnis	PROPN
ijtc-714	264	26	,	,	PUNCT
ijtc-714	264	27	f.	f.	PROPN
ijtc-714	264	28	,	,	PUNCT
ijtc-714	264	29	stikubank	stikubank	PROPN
ijtc-714	264	30	,	,	PUNCT
ijtc-714	264	31	u.	u.	PROPN
ijtc-714	264	32	,	,	PUNCT
ijtc-714	264	33	&	&	CCONJ
ijtc-714	264	34	studi	studi	PROPN
ijtc-714	264	35	akuntansi	akuntansi	PROPN
ijtc-714	264	36	,	,	PUNCT
ijtc-714	264	37	p.	p.	NOUN
ijtc-714	264	38	(	(	PUNCT
ijtc-714	264	39	2020	2020	NUM
ijtc-714	264	40	)	)	PUNCT
ijtc-714	264	41	.	.	PUNCT
ijtc-714	265	1	rasio	rasio	PROPN
ijtc-714	265	2	keuangan	keuangan	PROPN
ijtc-714	265	3	sebagai	sebagai	PROPN
ijtc-714	265	4	prediksi	prediksi	PROPN
ijtc-714	265	5	financial	financial	ADJ
ijtc-714	265	6	distress	distress	NOUN
ijtc-714	265	7	.	.	PUNCT
ijtc-714	266	1	prosiding	proside	VERB
ijtc-714	266	2	sendi	sendi	PROPN
ijtc-714	266	3	.	.	PUNCT
ijtc-714	267	1	kartika	kartika	PROPN
ijtc-714	267	2	,	,	PUNCT
ijtc-714	267	3	r.	r.	PROPN
ijtc-714	267	4	,	,	PUNCT
ijtc-714	267	5	&	&	CCONJ
ijtc-714	267	6	hasanudin	hasanudin	PROPN
ijtc-714	267	7	,	,	PUNCT
ijtc-714	267	8	h.	h.	PROPN
ijtc-714	267	9	(	(	PUNCT
ijtc-714	267	10	2019	2019	NUM
ijtc-714	267	11	)	)	PUNCT
ijtc-714	267	12	.	.	PUNCT
ijtc-714	268	1	analisis	analisis	ADJ
ijtc-714	268	2	pengaruh	pengaruh	NOUN
ijtc-714	268	3	likuiditas	likuidita	NOUN
ijtc-714	268	4	,	,	PUNCT
ijtc-714	268	5	leverage	leverage	NOUN
ijtc-714	268	6	,	,	PUNCT
ijtc-714	268	7	aktivitas	aktivitas	PROPN
ijtc-714	268	8	,	,	PUNCT
ijtc-714	268	9	dan	dan	PROPN
ijtc-714	268	10	profitabilitas	profitabilitas	PROPN
ijtc-714	268	11	terhadap	terhadap	PROPN
ijtc-714	268	12	financial	financial	PROPN
ijtc-714	268	13	distress	distress	PROPN
ijtc-714	268	14	pada	pada	PROPN
ijtc-714	268	15	perusahaan	perusahaan	PROPN
ijtc-714	268	16	terbuka	terbuka	PROPN
ijtc-714	268	17	sektor	sektor	PROPN
ijtc-714	268	18	infrastruktur	infrastruktur	PROPN
ijtc-714	268	19	,	,	PUNCT
ijtc-714	268	20	utilitas	utilita	NOUN
ijtc-714	268	21	,	,	PUNCT
ijtc-714	268	22	dan	dan	PROPN
ijtc-714	268	23	transportasi	transportasi	PROPN
ijtc-714	268	24	periode	periode	PROPN
ijtc-714	268	25	2011	2011	NUM
ijtc-714	268	26	-	-	SYM
ijtc-714	268	27	2015	2015	NUM
ijtc-714	268	28	.	.	PUNCT
ijtc-714	269	1	oikonomia	oikonomia	NOUN
ijtc-714	269	2	:	:	PUNCT
ijtc-714	269	3	jurnal	jurnal	ADJ
ijtc-714	269	4	manajemen	manajeman	NOUN
ijtc-714	269	5	,	,	PUNCT
ijtc-714	269	6	15(1	15(1	NUM
ijtc-714	269	7	)	)	PUNCT
ijtc-714	269	8	,	,	PUNCT
ijtc-714	269	9	1–16	1–16	PROPN
ijtc-714	269	10	.	.	PUNCT
ijtc-714	270	1	https://doi.org/10.47313/oikonomia.v15i1.640	https://doi.org/10.47313/oikonomia.v15i1.640	VERB
ijtc-714	270	2	lópez	lópez	NOUN
ijtc-714	270	3	-	-	PUNCT
ijtc-714	270	4	gutiérrez	gutiérrez	NOUN
ijtc-714	270	5	,	,	PUNCT
ijtc-714	270	6	c.	c.	NOUN
ijtc-714	270	7	,	,	PUNCT
ijtc-714	270	8	sanfilippo	sanfilippo	NOUN
ijtc-714	270	9	-	-	PUNCT
ijtc-714	270	10	azofra	azofra	NOUN
ijtc-714	270	11	,	,	PUNCT
ijtc-714	270	12	s.	s.	PROPN
ijtc-714	270	13	,	,	PUNCT
ijtc-714	270	14	&	&	CCONJ
ijtc-714	270	15	torre	torre	PROPN
ijtc-714	270	16	-	-	PUNCT
ijtc-714	270	17	olmo	olmo	PROPN
ijtc-714	270	18	,	,	PUNCT
ijtc-714	270	19	b.	b.	PROPN
ijtc-714	270	20	(	(	PUNCT
ijtc-714	270	21	2015	2015	NUM
ijtc-714	270	22	)	)	PUNCT
ijtc-714	270	23	.	.	PUNCT
ijtc-714	271	1	investment	investment	NOUN
ijtc-714	271	2	decisions	decision	NOUN
ijtc-714	271	3	of	of	ADP
ijtc-714	271	4	companies	company	NOUN
ijtc-714	271	5	in	in	ADP
ijtc-714	271	6	financial	financial	ADJ
ijtc-714	271	7	distress	distress	NOUN
ijtc-714	271	8	.	.	PUNCT
ijtc-714	272	1	brq	brq	NOUN
ijtc-714	272	2	business	business	NOUN
ijtc-714	272	3	research	research	PROPN
ijtc-714	272	4	quarterly	quarterly	ADV
ijtc-714	272	5	,	,	PUNCT
ijtc-714	272	6	18(3	18(3	NUM
ijtc-714	272	7	)	)	PUNCT
ijtc-714	272	8	,	,	PUNCT
ijtc-714	272	9	174–187	174–187	NUM
ijtc-714	272	10	.	.	PUNCT
ijtc-714	273	1	https://doi.org/10.1016/j.brq.2014.09.001	https://doi.org/10.1016/j.brq.2014.09.001	PROPN
ijtc-714	273	2	maharani	maharani	PROPN
ijtc-714	273	3	,	,	PUNCT
ijtc-714	273	4	f.	f.	PROPN
ijtc-714	273	5	s.	s.	PROPN
ijtc-714	273	6	,	,	PUNCT
ijtc-714	273	7	&	&	CCONJ
ijtc-714	273	8	baroroh	baroroh	NOUN
ijtc-714	273	9	,	,	PUNCT
ijtc-714	273	10	n.	n.	NOUN
ijtc-714	273	11	(	(	PUNCT
ijtc-714	273	12	2020	2020	NUM
ijtc-714	273	13	)	)	PUNCT
ijtc-714	273	14	.	.	PUNCT
ijtc-714	274	1	the	the	DET
ijtc-714	274	2	effect	effect	NOUN
ijtc-714	274	3	of	of	ADP
ijtc-714	274	4	leverage	leverage	NOUN
ijtc-714	274	5	,	,	PUNCT
ijtc-714	274	6	executive	executive	ADJ
ijtc-714	274	7	characters	character	NOUN
ijtc-714	274	8	,	,	PUNCT
ijtc-714	274	9	and	and	CCONJ
ijtc-714	274	10	institutional	institutional	ADJ
ijtc-714	274	11	ownership	ownership	NOUN
ijtc-714	274	12	to	to	ADP
ijtc-714	274	13	tax	tax	NOUN
ijtc-714	274	14	avoidance	avoidance	NOUN
ijtc-714	274	15	with	with	ADP
ijtc-714	274	16	political	political	ADJ
ijtc-714	274	17	connection	connection	NOUN
ijtc-714	274	18	as	as	ADP
ijtc-714	274	19	moderation	moderation	NOUN
ijtc-714	274	20	.	.	PUNCT
ijtc-714	275	1	accounting	accounting	NOUN
ijtc-714	275	2	analysis	analysis	NOUN
ijtc-714	275	3	journal	journal	NOUN
ijtc-714	275	4	,	,	PUNCT
ijtc-714	275	5	8(2	8(2	NUM
ijtc-714	275	6	)	)	PUNCT
ijtc-714	275	7	,	,	PUNCT
ijtc-714	275	8	81–87	81–87	NUM
ijtc-714	275	9	.	.	PUNCT
ijtc-714	276	1	nikolaiev	nikolaiev	PROPN
ijtc-714	276	2	,	,	PUNCT
ijtc-714	276	3	v.	v.	PROPN
ijtc-714	276	4	,	,	PUNCT
ijtc-714	276	5	shcherbyna	shcherbyna	NOUN
ijtc-714	276	6	,	,	PUNCT
ijtc-714	276	7	a.	a.	NOUN
ijtc-714	276	8	,	,	PUNCT
ijtc-714	276	9	siniak	siniak	NOUN
ijtc-714	276	10	,	,	PUNCT
ijtc-714	276	11	n.	n.	NOUN
ijtc-714	276	12	,	,	PUNCT
ijtc-714	276	13	&	&	CCONJ
ijtc-714	276	14	nikolaieva	nikolaieva	PROPN
ijtc-714	276	15	,	,	PUNCT
ijtc-714	276	16	t.	t.	PROPN
ijtc-714	276	17	(	(	PUNCT
ijtc-714	276	18	2021	2021	NUM
ijtc-714	276	19	)	)	PUNCT
ijtc-714	276	20	.	.	PUNCT
ijtc-714	277	1	different	different	ADJ
ijtc-714	277	2	management	management	NOUN
ijtc-714	277	3	functions	function	NOUN
ijtc-714	277	4	in	in	ADP
ijtc-714	277	5	housing	housing	NOUN
ijtc-714	277	6	operation	operation	NOUN
ijtc-714	277	7	practice	practice	NOUN
ijtc-714	277	8	:	:	PUNCT
ijtc-714	277	9	ukrainian	ukrainian	ADJ
ijtc-714	277	10	case	case	NOUN
ijtc-714	277	11	study	study	NOUN
ijtc-714	277	12	.	.	PUNCT
ijtc-714	278	1	real	real	ADJ
ijtc-714	278	2	estate	estate	NOUN
ijtc-714	278	3	management	management	NOUN
ijtc-714	278	4	and	and	CCONJ
ijtc-714	278	5	valuation	valuation	NOUN
ijtc-714	278	6	,	,	PUNCT
ijtc-714	278	7	29(2	29(2	NUM
ijtc-714	278	8	)	)	PUNCT
ijtc-714	278	9	,	,	PUNCT
ijtc-714	278	10	29–37	29–37	NUM
ijtc-714	278	11	.	.	PUNCT
ijtc-714	279	1	https://doi.org/10.2478/remav-2021-0011	https://doi.org/10.2478/remav-2021-0011	PROPN
ijtc-714	279	2	piatt	piatt	PROPN
ijtc-714	279	3	,	,	PUNCT
ijtc-714	279	4	h.	h.	PROPN
ijtc-714	279	5	d.	d.	PROPN
ijtc-714	279	6	,	,	PUNCT
ijtc-714	279	7	&	&	CCONJ
ijtc-714	279	8	piatt	piatt	PROPN
ijtc-714	279	9	,	,	PUNCT
ijtc-714	279	10	m.	m.	PROPN
ijtc-714	279	11	b.	b.	PROPN
ijtc-714	279	12	(	(	PUNCT
ijtc-714	279	13	n.d	n.d	PROPN
ijtc-714	279	14	.	.	PROPN
ijtc-714	279	15	)	)	PUNCT
ijtc-714	279	16	.	.	PUNCT
ijtc-714	280	1	predicting	predict	VERB
ijtc-714	280	2	corporate	corporate	ADJ
ijtc-714	280	3	financial	financial	ADJ
ijtc-714	280	4	distress	distress	NOUN
ijtc-714	280	5	:	:	PUNCT
ijtc-714	280	6	reflections	reflection	NOUN
ijtc-714	280	7	on	on	ADP
ijtc-714	280	8	choicebased	choicebase	VERB
ijtc-714	280	9	sample	sample	NOUN
ijtc-714	280	10	bias	bias	NOUN
ijtc-714	280	11	.	.	PUNCT
ijtc-714	281	1	journal	journal	PROPN
ijtc-714	281	2	of	of	ADP
ijtc-714	281	3	economics	economic	NOUN
ijtc-714	281	4	and	and	CCONJ
ijtc-714	281	5	finance	finance	NOUN
ijtc-714	281	6	,	,	PUNCT
ijtc-714	281	7	26(2	26(2	NUM
ijtc-714	281	8	)	)	PUNCT
ijtc-714	281	9	,	,	PUNCT
ijtc-714	281	10	184–199	184–199	NUM
ijtc-714	281	11	.	.	PUNCT
ijtc-714	282	1	https://doi.org/10.1007/bf02755985	https://doi.org/10.1007/bf02755985	PRON
ijtc-714	282	2	.	.	PUNCT
ijtc-714	283	1	ramli	ramli	PROPN
ijtc-714	283	2	,	,	PUNCT
ijtc-714	283	3	a.	a.	PROPN
ijtc-714	283	4	,	,	PUNCT
ijtc-714	283	5	&	&	CCONJ
ijtc-714	283	6	yekini	yekini	PROPN
ijtc-714	283	7	,	,	PUNCT
ijtc-714	283	8	l.	l.	PROPN
ijtc-714	283	9	s.	s.	PROPN
ijtc-714	283	10	(	(	PUNCT
ijtc-714	283	11	2022	2022	NUM
ijtc-714	283	12	)	)	PUNCT
ijtc-714	283	13	.	.	PUNCT
ijtc-714	284	1	cash	cash	NOUN
ijtc-714	284	2	flow	flow	NOUN
ijtc-714	284	3	management	management	NOUN
ijtc-714	284	4	among	among	ADP
ijtc-714	284	5	micro	micro	NOUN
ijtc-714	284	6	-	-	NOUN
ijtc-714	284	7	traders	trader	NOUN
ijtc-714	284	8	:	:	PUNCT
ijtc-714	284	9	responses	response	NOUN
ijtc-714	284	10	to	to	ADP
ijtc-714	284	11	the	the	DET
ijtc-714	284	12	covid-19	covid-19	PROPN
ijtc-714	284	13	pandemic	pandemic	NOUN
ijtc-714	284	14	.	.	PUNCT
ijtc-714	285	1	sustainability	sustainability	NOUN
ijtc-714	285	2	(	(	PUNCT
ijtc-714	285	3	switzerland	switzerland	PROPN
ijtc-714	285	4	)	)	PUNCT
ijtc-714	285	5	,	,	PUNCT
ijtc-714	285	6	14(17	14(17	NUM
ijtc-714	285	7	)	)	PUNCT
ijtc-714	285	8	.	.	PUNCT
ijtc-714	286	1	https://doi.org/10.3390/su141710931	https://doi.org/10.3390/su141710931	DET
ijtc-714	286	2	sayidah	sayidah	PROPN
ijtc-714	286	3	,	,	PUNCT
ijtc-714	286	4	n.	n.	NOUN
ijtc-714	286	5	,	,	PUNCT
ijtc-714	286	6	assagaf	assagaf	NOUN
ijtc-714	286	7	,	,	PUNCT
ijtc-714	286	8	a.	a.	NOUN
ijtc-714	286	9	,	,	PUNCT
ijtc-714	286	10	&	&	CCONJ
ijtc-714	286	11	faiz	faiz	PROPN
ijtc-714	286	12	,	,	PUNCT
ijtc-714	286	13	z.	z.	PROPN
ijtc-714	286	14	(	(	PUNCT
ijtc-714	286	15	2020	2020	NUM
ijtc-714	286	16	)	)	PUNCT
ijtc-714	286	17	.	.	PUNCT
ijtc-714	287	1	does	do	AUX
ijtc-714	287	2	earning	earn	VERB
ijtc-714	287	3	management	management	NOUN
ijtc-714	287	4	affect	affect	VERB
ijtc-714	287	5	financial	financial	ADJ
ijtc-714	287	6	distress	distress	NOUN
ijtc-714	287	7	?	?	PUNCT
ijtc-714	288	1	evidence	evidence	NOUN
ijtc-714	288	2	from	from	ADP
ijtc-714	288	3	state	state	NOUN
ijtc-714	288	4	-	-	PUNCT
ijtc-714	288	5	owned	own	VERB
ijtc-714	288	6	enterprises	enterprise	NOUN
ijtc-714	288	7	in	in	ADP
ijtc-714	288	8	indonesia	indonesia	PROPN
ijtc-714	288	9	.	.	PUNCT
ijtc-714	289	1	cogent	cogent	ADJ
ijtc-714	289	2	business	business	NOUN
ijtc-714	289	3	and	and	CCONJ
ijtc-714	289	4	management	management	NOUN
ijtc-714	289	5	,	,	PUNCT
ijtc-714	289	6	7(1	7(1	NUM
ijtc-714	289	7	)	)	PUNCT
ijtc-714	289	8	,	,	PUNCT
ijtc-714	289	9	0	0	NUM
ijtc-714	289	10	–	–	PUNCT
ijtc-714	289	11	14	14	NUM
ijtc-714	289	12	.	.	PUNCT
ijtc-714	290	1	https://doi.org/10.1080/23311975.2020.1832826	https://doi.org/10.1080/23311975.2020.1832826	PROPN
ijtc-714	290	2	setiany	setiany	PROPN
ijtc-714	290	3	,	,	PUNCT
ijtc-714	290	4	e.	e.	PROPN
ijtc-714	290	5	(	(	PUNCT
ijtc-714	290	6	2021	2021	NUM
ijtc-714	290	7	)	)	PUNCT
ijtc-714	290	8	.	.	PUNCT
ijtc-714	291	1	the	the	DET
ijtc-714	291	2	effect	effect	NOUN
ijtc-714	291	3	of	of	ADP
ijtc-714	291	4	investment	investment	NOUN
ijtc-714	291	5	,	,	PUNCT
ijtc-714	291	6	free	free	ADJ
ijtc-714	291	7	cash	cash	NOUN
ijtc-714	291	8	flow	flow	NOUN
ijtc-714	291	9	,	,	PUNCT
ijtc-714	291	10	earnings	earning	NOUN
ijtc-714	291	11	management	management	NOUN
ijtc-714	291	12	,	,	PUNCT
ijtc-714	291	13	and	and	CCONJ
ijtc-714	291	14	interest	interest	NOUN
ijtc-714	291	15	coverage	coverage	NOUN
ijtc-714	291	16	ratio	ratio	NOUN
ijtc-714	291	17	on	on	ADP
ijtc-714	291	18	financial	financial	ADJ
ijtc-714	291	19	distress	distress	NOUN
ijtc-714	291	20	article	article	NOUN
ijtc-714	291	21	info	info	NOUN
ijtc-714	291	22	abstract	abstract	ADJ
ijtc-714	291	23	.	.	PUNCT
ijtc-714	292	1	https://www.ilomata.org/index.php/ijtc	https://www.ilomata.org/index.php/ijtc	ADJ
ijtc-714	292	2	effect	effect	NOUN
ijtc-714	292	3	of	of	ADP
ijtc-714	292	4	investment	investment	NOUN
ijtc-714	292	5	,	,	PUNCT
ijtc-714	292	6	free	free	ADJ
ijtc-714	292	7	cash	cash	NOUN
ijtc-714	292	8	flow	flow	NOUN
ijtc-714	292	9	,	,	PUNCT
ijtc-714	292	10	earnings	earning	NOUN
ijtc-714	292	11	management	management	NOUN
ijtc-714	292	12	,	,	PUNCT
ijtc-714	292	13	interest	interest	NOUN
ijtc-714	292	14	coverage	coverage	NOUN
ijtc-714	292	15	ratio	ratio	NOUN
ijtc-714	292	16	,	,	PUNCT
ijtc-714	292	17	liquidity	liquidity	NOUN
ijtc-714	292	18	,	,	PUNCT
ijtc-714	292	19	and	and	CCONJ
ijtc-714	292	20	leverage	leverage	NOUN
ijtc-714	292	21	on	on	ADP
ijtc-714	292	22	financial	financial	ADJ
ijtc-714	292	23	distress	distress	NOUN
ijtc-714	292	24	suranta	suranta	NOUN
ijtc-714	292	25	,	,	PUNCT
ijtc-714	292	26	satrio	satrio	PROPN
ijtc-714	292	27	,	,	PUNCT
ijtc-714	292	28	and	and	CCONJ
ijtc-714	292	29	midiastuty	midiastuty	VERB
ijtc-714	292	30	295	295	NUM
ijtc-714	292	31	|	|	ADV
ijtc-714	292	32	ilomata	ilomata	PROPN
ijtc-714	292	33	international	international	ADJ
ijtc-714	292	34	journal	journal	NOUN
ijtc-714	292	35	of	of	ADP
ijtc-714	292	36	tax	tax	PROPN
ijtc-714	292	37	&	&	CCONJ
ijtc-714	292	38	accounting	accounting	PROPN
ijtc-714	292	39	https://www.ilomata.org/index.php/ijtc	https://www.ilomata.org/index.php/ijtc	PROPN
ijtc-714	292	40	suk	suk	PROPN
ijtc-714	292	41	,	,	PUNCT
ijtc-714	292	42	i.	i.	PROPN
ijtc-714	292	43	,	,	PUNCT
ijtc-714	292	44	lee	lee	PROPN
ijtc-714	292	45	,	,	PUNCT
ijtc-714	292	46	s.	s.	PROPN
ijtc-714	292	47	,	,	PUNCT
ijtc-714	292	48	&	&	CCONJ
ijtc-714	292	49	kross	kross	PROPN
ijtc-714	292	50	,	,	PUNCT
ijtc-714	292	51	w.	w.	PROPN
ijtc-714	292	52	(	(	PUNCT
ijtc-714	292	53	2021	2021	NUM
ijtc-714	292	54	)	)	PUNCT
ijtc-714	292	55	.	.	PUNCT
ijtc-714	293	1	ceo	ceo	NOUN
ijtc-714	293	2	turnover	turnover	NOUN
ijtc-714	293	3	and	and	CCONJ
ijtc-714	293	4	accounting	accounting	NOUN
ijtc-714	293	5	earnings	earning	NOUN
ijtc-714	293	6	:	:	PUNCT
ijtc-714	293	7	the	the	DET
ijtc-714	293	8	role	role	NOUN
ijtc-714	293	9	of	of	ADP
ijtc-714	293	10	earnings	earning	NOUN
ijtc-714	293	11	persistence	persistence	NOUN
ijtc-714	293	12	.	.	PUNCT
ijtc-714	294	1	management	management	NOUN
ijtc-714	294	2	science	science	NOUN
ijtc-714	294	3	,	,	PUNCT
ijtc-714	294	4	67(5	67(5	NUM
ijtc-714	294	5	)	)	PUNCT
ijtc-714	294	6	,	,	PUNCT
ijtc-714	294	7	3195–3218	3195–3218	NUM
ijtc-714	294	8	.	.	PUNCT
ijtc-714	295	1	https://doi.org/10.1287/mnsc.2019.3559	https://doi.org/10.1287/mnsc.2019.3559	PROPN
ijtc-714	295	2	vatamanyuk	vatamanyuk	PROPN
ijtc-714	295	3	-	-	PUNCT
ijtc-714	295	4	zelinska	zelinska	PROPN
ijtc-714	295	5	,	,	PUNCT
ijtc-714	295	6	u.	u.	PROPN
ijtc-714	295	7	z.	z.	PROPN
ijtc-714	295	8	,	,	PUNCT
ijtc-714	295	9	&	&	CCONJ
ijtc-714	295	10	melnychenko	melnychenko	NOUN
ijtc-714	295	11	,	,	PUNCT
ijtc-714	295	12	o.	o.	PROPN
ijtc-714	295	13	v.	v.	PROPN
ijtc-714	295	14	(	(	PUNCT
ijtc-714	295	15	2020	2020	NUM
ijtc-714	295	16	)	)	PUNCT
ijtc-714	295	17	.	.	PUNCT
ijtc-714	296	1	the	the	DET
ijtc-714	296	2	effectiveness	effectiveness	NOUN
ijtc-714	296	3	of	of	ADP
ijtc-714	296	4	financial	financial	ADJ
ijtc-714	296	5	and	and	CCONJ
ijtc-714	296	6	economic	economic	ADJ
ijtc-714	296	7	regulation	regulation	NOUN
ijtc-714	296	8	of	of	ADP
ijtc-714	296	9	land	land	NOUN
ijtc-714	296	10	relations	relation	NOUN
ijtc-714	296	11	in	in	ADP
ijtc-714	296	12	the	the	DET
ijtc-714	296	13	context	context	NOUN
ijtc-714	296	14	of	of	ADP
ijtc-714	296	15	stimulating	stimulate	VERB
ijtc-714	296	16	entrepreneurial	entrepreneurial	ADJ
ijtc-714	296	17	activity	activity	NOUN
ijtc-714	296	18	in	in	ADP
ijtc-714	296	19	the	the	DET
ijtc-714	296	20	regions	region	NOUN
ijtc-714	296	21	of	of	ADP
ijtc-714	296	22	ukraine	ukraine	NOUN
ijtc-714	296	23	.	.	PUNCT
ijtc-714	297	1	problems	problem	NOUN
ijtc-714	297	2	and	and	CCONJ
ijtc-714	297	3	perspectives	perspective	NOUN
ijtc-714	297	4	in	in	ADP
ijtc-714	297	5	management	management	NOUN
ijtc-714	297	6	,	,	PUNCT
ijtc-714	297	7	18(3	18(3	NUM
ijtc-714	297	8	)	)	PUNCT
ijtc-714	297	9	,	,	PUNCT
ijtc-714	297	10	11–27	11–27	NUM
ijtc-714	297	11	.	.	PUNCT
ijtc-714	297	12	https://doi.org/10.21511/ppm.18(3).2020.02	https://doi.org/10.21511/ppm.18(3).2020.02	PUNCT
ijtc-714	298	1	whitaker	whitaker	PROPN
ijtc-714	298	2	,	,	PUNCT
ijtc-714	298	3	r.	r.	PROPN
ijtc-714	298	4	b.	b.	PROPN
ijtc-714	298	5	(	(	PUNCT
ijtc-714	298	6	1999	1999	NUM
ijtc-714	298	7	)	)	PUNCT
ijtc-714	298	8	.	.	PUNCT
ijtc-714	299	1	the	the	DET
ijtc-714	299	2	early	early	ADJ
ijtc-714	299	3	stages	stage	NOUN
ijtc-714	299	4	of	of	ADP
ijtc-714	299	5	financial	financial	ADJ
ijtc-714	299	6	distress	distress	NOUN
ijtc-714	299	7	.	.	PUNCT
ijtc-714	300	1	journal	journal	PROPN
ijtc-714	300	2	of	of	ADP
ijtc-714	300	3	economics	economic	NOUN
ijtc-714	300	4	and	and	CCONJ
ijtc-714	300	5	finance	finance	NOUN
ijtc-714	300	6	,	,	PUNCT
ijtc-714	300	7	23(2	23(2	NUM
ijtc-714	300	8	)	)	PUNCT
ijtc-714	300	9	,	,	PUNCT
ijtc-714	300	10	123–132	123–132	NUM
ijtc-714	300	11	.	.	PUNCT
ijtc-714	301	1	https://doi.org/10.1007/bf02745946	https://doi.org/10.1007/bf02745946	PROPN
ijtc-714	301	2	xue	xue	PROPN
ijtc-714	301	3	,	,	PUNCT
ijtc-714	301	4	l.	l.	PROPN
ijtc-714	301	5	,	,	PUNCT
ijtc-714	301	6	mithas	mithas	PROPN
ijtc-714	301	7	,	,	PUNCT
ijtc-714	301	8	s.	s.	PROPN
ijtc-714	301	9	,	,	PUNCT
ijtc-714	301	10	&	&	CCONJ
ijtc-714	301	11	ray	ray	PROPN
ijtc-714	301	12	,	,	PUNCT
ijtc-714	301	13	g.	g.	PROPN
ijtc-714	301	14	(	(	PUNCT
ijtc-714	301	15	2021	2021	NUM
ijtc-714	301	16	)	)	PUNCT
ijtc-714	301	17	.	.	PUNCT
ijtc-714	302	1	commitment	commitment	NOUN
ijtc-714	302	2	to	to	ADP
ijtc-714	302	3	it	it	PRON
ijtc-714	302	4	investment	investment	NOUN
ijtc-714	302	5	plans	plan	NOUN
ijtc-714	302	6	:	:	PUNCT
ijtc-714	302	7	the	the	DET
ijtc-714	302	8	interplay	interplay	NOUN
ijtc-714	302	9	of	of	ADP
ijtc-714	302	10	real	real	ADJ
ijtc-714	302	11	earnings	earning	NOUN
ijtc-714	302	12	,	,	PUNCT
ijtc-714	302	13	management	management	NOUN
ijtc-714	302	14	,	,	PUNCT
ijtc-714	302	15	it	it	PRON
ijtc-714	302	16	decentralization	decentralization	NOUN
ijtc-714	302	17	,	,	PUNCT
ijtc-714	302	18	and	and	CCONJ
ijtc-714	302	19	corporate	corporate	ADJ
ijtc-714	302	20	governance	governance	NOUN
ijtc-714	302	21	.	.	PUNCT
ijtc-714	303	1	mis	mis	PROPN
ijtc-714	303	2	quarterly	quarterly	PROPN
ijtc-714	303	3	:	:	PUNCT
ijtc-714	303	4	management	management	NOUN
ijtc-714	303	5	information	information	NOUN
ijtc-714	303	6	systems	system	NOUN
ijtc-714	303	7	,	,	PUNCT
ijtc-714	303	8	45(1	45(1	NOUN
ijtc-714	303	9	)	)	PUNCT
ijtc-714	303	10	,	,	PUNCT
ijtc-714	303	11	193–224	193–224	NUM
ijtc-714	303	12	.	.	PUNCT
ijtc-714	304	1	https://doi.org/10.25300/misq/2021/14970	https://doi.org/10.25300/misq/2021/14970	PROPN
ijtc-714	304	2	yarba	yarba	PROPN
ijtc-714	304	3	,	,	PUNCT
ijtc-714	304	4	i̇.	i̇.	PROPN
ijtc-714	304	5	,	,	PUNCT
ijtc-714	304	6	&	&	CCONJ
ijtc-714	304	7	güner	güner	PROPN
ijtc-714	304	8	,	,	PUNCT
ijtc-714	304	9	z.	z.	PROPN
ijtc-714	304	10	n.	n.	PROPN
ijtc-714	304	11	(	(	PUNCT
ijtc-714	304	12	2020	2020	NUM
ijtc-714	304	13	)	)	PUNCT
ijtc-714	304	14	.	.	PUNCT
ijtc-714	305	1	leverage	leverage	NOUN
ijtc-714	305	2	dynamics	dynamic	NOUN
ijtc-714	305	3	:	:	PUNCT
ijtc-714	305	4	do	do	VERB
ijtc-714	305	5	financial	financial	ADJ
ijtc-714	305	6	development	development	NOUN
ijtc-714	305	7	and	and	CCONJ
ijtc-714	305	8	government	government	NOUN
ijtc-714	305	9	leverage	leverage	NOUN
ijtc-714	305	10	matter	matter	NOUN
ijtc-714	305	11	?	?	PUNCT
ijtc-714	306	1	evidence	evidence	NOUN
ijtc-714	306	2	from	from	ADP
ijtc-714	306	3	a	a	DET
ijtc-714	306	4	major	major	ADJ
ijtc-714	306	5	developing	develop	VERB
ijtc-714	306	6	economy	economy	NOUN
ijtc-714	306	7	.	.	PUNCT
ijtc-714	307	1	empirical	empirical	ADJ
ijtc-714	307	2	economics	economic	NOUN
ijtc-714	307	3	,	,	PUNCT
ijtc-714	307	4	59(5	59(5	NUM
ijtc-714	307	5	)	)	PUNCT
ijtc-714	307	6	,	,	PUNCT
ijtc-714	307	7	2473–2507	2473–2507	NUM
ijtc-714	307	8	.	.	PROPN
ijtc-714	307	9	https://doi.org/10.1007/s00181-019-01705-5	https://doi.org/10.1007/s00181-019-01705-5	NUM
ijtc-714	308	1	https://www.ilomata.org/index.php/ijtc	https://www.ilomata.org/index.php/ijtc	ADV