id	sid	tid	token	lemma	pos
ijtc-723	1	1	the	the	DET
ijtc-723	1	2	illomata	illomata	PROPN
ijtc-723	1	3	international	international	PROPN
ijtc-723	1	4	journal	journal	PROPN
ijtc-723	1	5	of	of	ADP
ijtc-723	1	6	management	management	NOUN
ijtc-723	1	7	ilomata	ilomata	PROPN
ijtc-723	1	8	international	international	ADJ
ijtc-723	1	9	journal	journal	NOUN
ijtc-723	1	10	of	of	ADP
ijtc-723	1	11	tax	tax	PROPN
ijtc-723	1	12	&	&	CCONJ
ijtc-723	1	13	accounting	account	VERB
ijtc-723	1	14	p	p	PROPN
ijtc-723	1	15	-	-	PUNCT
ijtc-723	1	16	issn	issn	NOUN
ijtc-723	1	17	:	:	PUNCT
ijtc-723	1	18	2714	2714	NUM
ijtc-723	1	19	-	-	SYM
ijtc-723	1	20	9838	9838	NUM
ijtc-723	1	21	;	;	PUNCT
ijtc-723	1	22	e	e	X
ijtc-723	1	23	-	-	PUNCT
ijtc-723	1	24	issn	issn	NOUN
ijtc-723	1	25	:	:	PUNCT
ijtc-723	1	26	2714	2714	NUM
ijtc-723	1	27	-	-	SYM
ijtc-723	1	28	9846	9846	NUM
ijtc-723	1	29	volume	volume	NOUN
ijtc-723	1	30	4	4	NUM
ijtc-723	1	31	,	,	PUNCT
ijtc-723	1	32	issue	issue	NOUN
ijtc-723	1	33	2	2	NUM
ijtc-723	1	34	,	,	PUNCT
ijtc-723	1	35	april	april	PROPN
ijtc-723	1	36	2023	2023	NUM
ijtc-723	1	37	page	page	NOUN
ijtc-723	1	38	no	no	NOUN
ijtc-723	1	39	.	.	PUNCT
ijtc-723	2	1	324	324	NUM
ijtc-723	2	2	-	-	SYM
ijtc-723	2	3	340	340	NUM
ijtc-723	2	4	324	324	NUM
ijtc-723	2	5	|	|	ADV
ijtc-723	2	6	ilomata	ilomata	NOUN
ijtc-723	2	7	international	international	ADJ
ijtc-723	2	8	journal	journal	NOUN
ijtc-723	2	9	of	of	ADP
ijtc-723	2	10	tax	tax	PROPN
ijtc-723	2	11	&	&	CCONJ
ijtc-723	2	12	accounting	account	VERB
ijtc-723	2	13	https://www.ilomata.org/index.php/ijtc	https://www.ilomata.org/index.php/ijtc	PROPN
ijtc-723	2	14	application	application	NOUN
ijtc-723	2	15	of	of	ADP
ijtc-723	2	16	ifrs	ifrs	PROPN
ijtc-723	2	17	9	9	NUM
ijtc-723	2	18	financial	financial	ADJ
ijtc-723	2	19	instruments	instrument	NOUN
ijtc-723	2	20	and	and	CCONJ
ijtc-723	2	21	the	the	DET
ijtc-723	2	22	exposure	exposure	NOUN
ijtc-723	2	23	to	to	ADP
ijtc-723	2	24	credit	credit	NOUN
ijtc-723	2	25	risk	risk	NOUN
ijtc-723	2	26	(	(	PUNCT
ijtc-723	2	27	case	case	NOUN
ijtc-723	2	28	study	study	NOUN
ijtc-723	2	29	in	in	ADP
ijtc-723	2	30	ecuador	ecuador	PROPN
ijtc-723	2	31	)	)	PUNCT
ijtc-723	2	32	marlon	marlon	PROPN
ijtc-723	2	33	manya	manya	PROPN
ijtc-723	2	34	orellana1	orellana1	PROPN
ijtc-723	2	35	,	,	PUNCT
ijtc-723	2	36	miryam	miryam	ADV
ijtc-723	2	37	c.	c.	PROPN
ijtc-723	2	38	gonzález	gonzález	PROPN
ijtc-723	2	39	-	-	PUNCT
ijtc-723	2	40	rabanal2	rabanal2	PROPN
ijtc-723	2	41	12universidad	12universidad	NUM
ijtc-723	2	42	nacional	nacional	PROPN
ijtc-723	2	43	de	de	X
ijtc-723	2	44	educación	educación	PROPN
ijtc-723	2	45	a	a	DET
ijtc-723	2	46	distancia	distancia	PROPN
ijtc-723	2	47	,	,	PUNCT
ijtc-723	2	48	spain	spain	PROPN
ijtc-723	2	49	correspondent	correspondent	NOUN
ijtc-723	2	50	:	:	PUNCT
ijtc-723	2	51	mmanya2@alumno.uned.es1	mmanya2@alumno.uned.es1	PROPN
ijtc-723	2	52	received	receive	VERB
ijtc-723	2	53	:	:	PUNCT
ijtc-723	2	54	february	february	PROPN
ijtc-723	2	55	1	1	NUM
ijtc-723	2	56	,	,	PUNCT
ijtc-723	2	57	2023	2023	NUM
ijtc-723	2	58	accepted	accept	VERB
ijtc-723	2	59	:	:	PUNCT
ijtc-723	2	60	april	april	PROPN
ijtc-723	2	61	16	16	NUM
ijtc-723	2	62	,	,	PUNCT
ijtc-723	2	63	2023	2023	NUM
ijtc-723	2	64	published	publish	VERB
ijtc-723	2	65	:	:	PUNCT
ijtc-723	2	66	april	april	PROPN
ijtc-723	2	67	30	30	NUM
ijtc-723	2	68	,	,	PUNCT
ijtc-723	2	69	2023	2023	NUM
ijtc-723	2	70	citation	citation	NOUN
ijtc-723	2	71	:	:	PUNCT
ijtc-723	2	72	orellana	orellana	PROPN
ijtc-723	2	73	,	,	PUNCT
ijtc-723	2	74	m	m	PROPN
ijtc-723	2	75	,	,	PUNCT
ijtc-723	2	76	m.	m.	NOUN
ijtc-723	2	77	,	,	PUNCT
ijtc-723	2	78	rabanal	rabanal	NOUN
ijtc-723	2	79	,	,	PUNCT
ijtc-723	2	80	m	m	PROPN
ijtc-723	2	81	,	,	PUNCT
ijtc-723	2	82	c	c	X
ijtc-723	2	83	,	,	PUNCT
ijtc-723	2	84	g.(2023	g.(2023	PROPN
ijtc-723	2	85	)	)	PUNCT
ijtc-723	2	86	.	.	PUNCT
ijtc-723	3	1	application	application	NOUN
ijtc-723	3	2	of	of	ADP
ijtc-723	3	3	ifrs	ifrs	PROPN
ijtc-723	3	4	9	9	NUM
ijtc-723	3	5	financial	financial	ADJ
ijtc-723	3	6	instruments	instrument	NOUN
ijtc-723	3	7	and	and	CCONJ
ijtc-723	3	8	the	the	DET
ijtc-723	3	9	exposure	exposure	NOUN
ijtc-723	3	10	to	to	ADP
ijtc-723	3	11	credit	credit	NOUN
ijtc-723	3	12	risk	risk	NOUN
ijtc-723	3	13	(	(	PUNCT
ijtc-723	3	14	case	case	NOUN
ijtc-723	3	15	study	study	NOUN
ijtc-723	3	16	in	in	ADP
ijtc-723	3	17	ecuador	ecuador	PROPN
ijtc-723	3	18	)	)	PUNCT
ijtc-723	3	19	.	.	PUNCT
ijtc-723	4	1	ilomata	ilomata	PROPN
ijtc-723	4	2	international	international	ADJ
ijtc-723	4	3	journal	journal	NOUN
ijtc-723	4	4	of	of	ADP
ijtc-723	4	5	tax	tax	NOUN
ijtc-723	4	6	and	and	CCONJ
ijtc-723	4	7	accounting	accounting	NOUN
ijtc-723	4	8	,	,	PUNCT
ijtc-723	4	9	4(2	4(2	NUM
ijtc-723	4	10	)	)	PUNCT
ijtc-723	4	11	,	,	PUNCT
ijtc-723	4	12	324	324	NUM
ijtc-723	4	13	-	-	SYM
ijtc-723	4	14	340	340	NUM
ijtc-723	4	15	.	.	PUNCT
ijtc-723	5	1	https://doi.org/10.52728/ijtc.v4i2.723	https://doi.org/10.52728/ijtc.v4i2.723	PROPN
ijtc-723	5	2	abstract	abstract	NOUN
ijtc-723	5	3	:	:	PUNCT
ijtc-723	5	4	the	the	DET
ijtc-723	5	5	pandemic	pandemic	NOUN
ijtc-723	5	6	has	have	AUX
ijtc-723	5	7	caused	cause	VERB
ijtc-723	5	8	many	many	ADJ
ijtc-723	5	9	businesses	business	NOUN
ijtc-723	5	10	to	to	PART
ijtc-723	5	11	experience	experience	VERB
ijtc-723	5	12	a	a	DET
ijtc-723	5	13	significant	significant	ADJ
ijtc-723	5	14	decline	decline	NOUN
ijtc-723	5	15	in	in	ADP
ijtc-723	5	16	revenue	revenue	NOUN
ijtc-723	5	17	and	and	CCONJ
ijtc-723	5	18	profitability	profitability	NOUN
ijtc-723	5	19	,	,	PUNCT
ijtc-723	5	20	leading	lead	VERB
ijtc-723	5	21	to	to	ADP
ijtc-723	5	22	a	a	DET
ijtc-723	5	23	decrease	decrease	NOUN
ijtc-723	5	24	in	in	ADP
ijtc-723	5	25	the	the	DET
ijtc-723	5	26	value	value	NOUN
ijtc-723	5	27	of	of	ADP
ijtc-723	5	28	their	their	PRON
ijtc-723	5	29	assets	asset	NOUN
ijtc-723	5	30	.	.	PUNCT
ijtc-723	6	1	as	as	ADP
ijtc-723	6	2	a	a	DET
ijtc-723	6	3	result	result	NOUN
ijtc-723	6	4	,	,	PUNCT
ijtc-723	6	5	companies	company	NOUN
ijtc-723	6	6	may	may	AUX
ijtc-723	6	7	need	need	VERB
ijtc-723	6	8	to	to	PART
ijtc-723	6	9	assess	assess	VERB
ijtc-723	6	10	whether	whether	SCONJ
ijtc-723	6	11	their	their	PRON
ijtc-723	6	12	assets	asset	NOUN
ijtc-723	6	13	have	have	AUX
ijtc-723	6	14	been	be	AUX
ijtc-723	6	15	impaired	impair	VERB
ijtc-723	6	16	and	and	CCONJ
ijtc-723	6	17	take	take	VERB
ijtc-723	6	18	an	an	DET
ijtc-723	6	19	impairment	impairment	ADJ
ijtc-723	6	20	charge	charge	NOUN
ijtc-723	6	21	if	if	SCONJ
ijtc-723	6	22	necessary	necessary	ADJ
ijtc-723	6	23	.	.	PUNCT
ijtc-723	7	1	this	this	PRON
ijtc-723	7	2	caused	cause	VERB
ijtc-723	7	3	companies	company	NOUN
ijtc-723	7	4	in	in	ADP
ijtc-723	7	5	general	general	ADJ
ijtc-723	7	6	to	to	PART
ijtc-723	7	7	modify	modify	VERB
ijtc-723	7	8	the	the	DET
ijtc-723	7	9	accounting	accounting	NOUN
ijtc-723	7	10	treatment	treatment	NOUN
ijtc-723	7	11	under	under	ADP
ijtc-723	7	12	the	the	DET
ijtc-723	7	13	international	international	ADJ
ijtc-723	7	14	standard	standard	ADJ
ijtc-723	7	15	ifrs	ifrs	PROPN
ijtc-723	7	16	9	9	NUM
ijtc-723	7	17	applicable	applicable	ADJ
ijtc-723	7	18	from	from	ADP
ijtc-723	7	19	2018	2018	NUM
ijtc-723	7	20	.	.	PUNCT
ijtc-723	8	1	the	the	DET
ijtc-723	8	2	objective	objective	NOUN
ijtc-723	8	3	of	of	ADP
ijtc-723	8	4	this	this	DET
ijtc-723	8	5	article	article	NOUN
ijtc-723	8	6	is	be	AUX
ijtc-723	8	7	to	to	PART
ijtc-723	8	8	determine	determine	VERB
ijtc-723	8	9	the	the	DET
ijtc-723	8	10	portfolio	portfolio	NOUN
ijtc-723	8	11	risk	risk	NOUN
ijtc-723	8	12	that	that	PRON
ijtc-723	8	13	affects	affect	VERB
ijtc-723	8	14	the	the	DET
ijtc-723	8	15	calculation	calculation	NOUN
ijtc-723	8	16	of	of	ADP
ijtc-723	8	17	these	these	DET
ijtc-723	8	18	provisions	provision	NOUN
ijtc-723	8	19	,	,	PUNCT
ijtc-723	8	20	through	through	ADP
ijtc-723	8	21	a	a	DET
ijtc-723	8	22	case	case	NOUN
ijtc-723	8	23	study	study	NOUN
ijtc-723	8	24	in	in	ADP
ijtc-723	8	25	ecuador	ecuador	NOUN
ijtc-723	8	26	.	.	PUNCT
ijtc-723	9	1	the	the	DET
ijtc-723	9	2	research	research	NOUN
ijtc-723	9	3	approach	approach	NOUN
ijtc-723	9	4	used	use	VERB
ijtc-723	9	5	was	be	AUX
ijtc-723	9	6	mixed	mixed	ADJ
ijtc-723	9	7	(	(	PUNCT
ijtc-723	9	8	qualitative	qualitative	ADJ
ijtc-723	9	9	and	and	CCONJ
ijtc-723	9	10	quantitative	quantitative	ADJ
ijtc-723	9	11	)	)	PUNCT
ijtc-723	9	12	,	,	PUNCT
ijtc-723	9	13	since	since	SCONJ
ijtc-723	9	14	various	various	ADJ
ijtc-723	9	15	types	type	NOUN
ijtc-723	9	16	of	of	ADP
ijtc-723	9	17	data	datum	NOUN
ijtc-723	9	18	collection	collection	NOUN
ijtc-723	9	19	tools	tool	NOUN
ijtc-723	9	20	were	be	AUX
ijtc-723	9	21	used	use	VERB
ijtc-723	9	22	to	to	PART
ijtc-723	9	23	process	process	VERB
ijtc-723	9	24	the	the	DET
ijtc-723	9	25	information	information	NOUN
ijtc-723	9	26	.	.	PUNCT
ijtc-723	10	1	the	the	DET
ijtc-723	10	2	data	data	NOUN
ijtc-723	10	3	treatment	treatment	NOUN
ijtc-723	10	4	in	in	ADP
ijtc-723	10	5	the	the	DET
ijtc-723	10	6	qualitative	qualitative	ADJ
ijtc-723	10	7	approach	approach	NOUN
ijtc-723	10	8	consists	consist	VERB
ijtc-723	10	9	of	of	ADP
ijtc-723	10	10	the	the	DET
ijtc-723	10	11	analysis	analysis	NOUN
ijtc-723	10	12	of	of	ADP
ijtc-723	10	13	the	the	DET
ijtc-723	10	14	phenomenon	phenomenon	NOUN
ijtc-723	10	15	related	relate	VERB
ijtc-723	10	16	to	to	ADP
ijtc-723	10	17	the	the	DET
ijtc-723	10	18	exploration	exploration	NOUN
ijtc-723	10	19	for	for	ADP
ijtc-723	10	20	the	the	DET
ijtc-723	10	21	understanding	understanding	NOUN
ijtc-723	10	22	of	of	ADP
ijtc-723	10	23	the	the	DET
ijtc-723	10	24	ifrs	ifrs	NOUN
ijtc-723	10	25	9	9	NUM
ijtc-723	10	26	accounting	accounting	NOUN
ijtc-723	10	27	standard	standard	NOUN
ijtc-723	10	28	.	.	PUNCT
ijtc-723	11	1	on	on	ADP
ijtc-723	11	2	the	the	DET
ijtc-723	11	3	other	other	ADJ
ijtc-723	11	4	hand	hand	NOUN
ijtc-723	11	5	,	,	PUNCT
ijtc-723	11	6	the	the	DET
ijtc-723	11	7	quantitative	quantitative	ADJ
ijtc-723	11	8	approach	approach	NOUN
ijtc-723	11	9	intends	intend	VERB
ijtc-723	11	10	to	to	PART
ijtc-723	11	11	analyze	analyze	VERB
ijtc-723	11	12	the	the	DET
ijtc-723	11	13	research	research	NOUN
ijtc-723	11	14	variables	variable	NOUN
ijtc-723	11	15	and	and	CCONJ
ijtc-723	11	16	measure	measure	VERB
ijtc-723	11	17	them	they	PRON
ijtc-723	11	18	numerically	numerically	ADV
ijtc-723	11	19	with	with	ADP
ijtc-723	11	20	the	the	DET
ijtc-723	11	21	use	use	NOUN
ijtc-723	11	22	of	of	ADP
ijtc-723	11	23	statistical	statistical	ADJ
ijtc-723	11	24	methods	method	NOUN
ijtc-723	11	25	using	use	VERB
ijtc-723	11	26	binary	binary	ADJ
ijtc-723	11	27	logistic	logistic	ADJ
ijtc-723	11	28	regression	regression	NOUN
ijtc-723	11	29	.	.	PUNCT
ijtc-723	12	1	to	to	ADP
ijtc-723	12	2	this	this	DET
ijtc-723	12	3	end	end	NOUN
ijtc-723	12	4	,	,	PUNCT
ijtc-723	12	5	a	a	DET
ijtc-723	12	6	database	database	NOUN
ijtc-723	12	7	of	of	ADP
ijtc-723	12	8	clients	client	NOUN
ijtc-723	12	9	of	of	ADP
ijtc-723	12	10	a	a	DET
ijtc-723	12	11	non	non	ADJ
ijtc-723	12	12	-	-	ADJ
ijtc-723	12	13	financial	financial	ADJ
ijtc-723	12	14	company	company	NOUN
ijtc-723	12	15	was	be	AUX
ijtc-723	12	16	analyzed	analyze	VERB
ijtc-723	12	17	,	,	PUNCT
ijtc-723	12	18	and	and	CCONJ
ijtc-723	12	19	the	the	DET
ijtc-723	12	20	composition	composition	NOUN
ijtc-723	12	21	of	of	ADP
ijtc-723	12	22	its	its	PRON
ijtc-723	12	23	portfolio	portfolio	NOUN
ijtc-723	12	24	segmented	segment	VERB
ijtc-723	12	25	by	by	ADP
ijtc-723	12	26	day	day	NOUN
ijtc-723	12	27	of	of	ADP
ijtc-723	12	28	delay	delay	NOUN
ijtc-723	12	29	,	,	PUNCT
ijtc-723	12	30	observing	observe	VERB
ijtc-723	12	31	the	the	DET
ijtc-723	12	32	component	component	NOUN
ijtc-723	12	33	called	call	VERB
ijtc-723	12	34	probability	probability	NOUN
ijtc-723	12	35	of	of	ADP
ijtc-723	12	36	default	default	NOUN
ijtc-723	12	37	(	(	PUNCT
ijtc-723	12	38	pd	pd	NOUN
ijtc-723	12	39	)	)	PUNCT
ijtc-723	12	40	,	,	PUNCT
ijtc-723	12	41	which	which	PRON
ijtc-723	12	42	was	be	AUX
ijtc-723	12	43	determined	determine	VERB
ijtc-723	12	44	by	by	ADP
ijtc-723	12	45	binary	binary	ADJ
ijtc-723	12	46	logistic	logistic	ADJ
ijtc-723	12	47	regression	regression	NOUN
ijtc-723	12	48	.	.	PUNCT
ijtc-723	13	1	a	a	DET
ijtc-723	13	2	model	model	NOUN
ijtc-723	13	3	was	be	AUX
ijtc-723	13	4	obtained	obtain	VERB
ijtc-723	13	5	that	that	PRON
ijtc-723	13	6	allowed	allow	VERB
ijtc-723	13	7	to	to	PART
ijtc-723	13	8	obtain	obtain	VERB
ijtc-723	13	9	the	the	DET
ijtc-723	13	10	desired	desire	VERB
ijtc-723	13	11	probability	probability	NOUN
ijtc-723	13	12	,	,	PUNCT
ijtc-723	13	13	and	and	CCONJ
ijtc-723	13	14	consequently	consequently	ADV
ijtc-723	13	15	under	under	ADP
ijtc-723	13	16	the	the	DET
ijtc-723	13	17	approach	approach	NOUN
ijtc-723	13	18	of	of	ADP
ijtc-723	13	19	ifrs	ifrs	PROPN
ijtc-723	13	20	9	9	NUM
ijtc-723	13	21	,	,	PUNCT
ijtc-723	13	22	the	the	DET
ijtc-723	13	23	calculation	calculation	NOUN
ijtc-723	13	24	of	of	ADP
ijtc-723	13	25	the	the	DET
ijtc-723	13	26	expected	expect	VERB
ijtc-723	13	27	credit	credit	NOUN
ijtc-723	13	28	loss	loss	NOUN
ijtc-723	13	29	(	(	PUNCT
ijtc-723	13	30	ecl	ecl	PROPN
ijtc-723	13	31	)	)	PUNCT
ijtc-723	13	32	.	.	PUNCT
ijtc-723	14	1	the	the	DET
ijtc-723	14	2	results	result	NOUN
ijtc-723	14	3	obtained	obtain	VERB
ijtc-723	14	4	estimated	estimate	VERB
ijtc-723	14	5	a	a	DET
ijtc-723	14	6	portfolio	portfolio	NOUN
ijtc-723	14	7	impairment	impairment	NOUN
ijtc-723	14	8	of	of	ADP
ijtc-723	14	9	23	23	NUM
ijtc-723	14	10	%	%	NOUN
ijtc-723	14	11	,	,	PUNCT
ijtc-723	14	12	compared	compare	VERB
ijtc-723	14	13	to	to	ADP
ijtc-723	14	14	the	the	DET
ijtc-723	14	15	baseline	baseline	ADJ
ijtc-723	14	16	scenario	scenario	NOUN
ijtc-723	14	17	of	of	ADP
ijtc-723	14	18	9	9	NUM
ijtc-723	14	19	%	%	NOUN
ijtc-723	14	20	.	.	PUNCT
ijtc-723	15	1	keywords	keyword	NOUN
ijtc-723	15	2	:	:	PUNCT
ijtc-723	15	3	ifrs	ifrs	NOUN
ijtc-723	15	4	9	9	NUM
ijtc-723	15	5	,	,	PUNCT
ijtc-723	15	6	impairment	impairment	ADJ
ijtc-723	15	7	,	,	PUNCT
ijtc-723	15	8	default	default	NOUN
ijtc-723	15	9	,	,	PUNCT
ijtc-723	15	10	credit	credit	NOUN
ijtc-723	15	11	,	,	PUNCT
ijtc-723	15	12	regression	regression	VERB
ijtc-723	15	13	this	this	PRON
ijtc-723	15	14	is	be	AUX
ijtc-723	15	15	an	an	DET
ijtc-723	15	16	open	open	ADJ
ijtc-723	15	17	access	access	NOUN
ijtc-723	15	18	article	article	NOUN
ijtc-723	15	19	under	under	ADP
ijtc-723	15	20	the	the	DET
ijtc-723	15	21	cc	cc	NOUN
ijtc-723	15	22	-	-	PUNCT
ijtc-723	15	23	by	by	ADP
ijtc-723	15	24	4.0	4.0	NUM
ijtc-723	15	25	license	license	NOUN
ijtc-723	15	26	.	.	PUNCT
ijtc-723	16	1	introduction	introduction	NOUN
ijtc-723	16	2	the	the	DET
ijtc-723	16	3	pandemic	pandemic	NOUN
ijtc-723	16	4	has	have	AUX
ijtc-723	16	5	caused	cause	VERB
ijtc-723	16	6	an	an	DET
ijtc-723	16	7	increase	increase	NOUN
ijtc-723	16	8	in	in	ADP
ijtc-723	16	9	the	the	DET
ijtc-723	16	10	number	number	NOUN
ijtc-723	16	11	of	of	ADP
ijtc-723	16	12	customers	customer	NOUN
ijtc-723	16	13	who	who	PRON
ijtc-723	16	14	are	be	AUX
ijtc-723	16	15	unable	unable	ADJ
ijtc-723	16	16	to	to	PART
ijtc-723	16	17	pay	pay	VERB
ijtc-723	16	18	their	their	PRON
ijtc-723	16	19	debts	debt	NOUN
ijtc-723	16	20	.	.	PUNCT
ijtc-723	17	1	as	as	ADP
ijtc-723	17	2	a	a	DET
ijtc-723	17	3	result	result	NOUN
ijtc-723	17	4	,	,	PUNCT
ijtc-723	17	5	companies	company	NOUN
ijtc-723	17	6	may	may	AUX
ijtc-723	17	7	need	need	VERB
ijtc-723	17	8	to	to	PART
ijtc-723	17	9	make	make	VERB
ijtc-723	17	10	provisions	provision	NOUN
ijtc-723	17	11	for	for	ADP
ijtc-723	17	12	bad	bad	ADJ
ijtc-723	17	13	debts	debt	NOUN
ijtc-723	17	14	to	to	PART
ijtc-723	17	15	reflect	reflect	VERB
ijtc-723	17	16	the	the	DET
ijtc-723	17	17	higher	high	ADJ
ijtc-723	17	18	risk	risk	NOUN
ijtc-723	17	19	of	of	ADP
ijtc-723	17	20	non	non	ADJ
ijtc-723	17	21	-	-	NOUN
ijtc-723	17	22	payment	payment	NOUN
ijtc-723	17	23	.	.	PUNCT
ijtc-723	18	1	as	as	ADP
ijtc-723	18	2	a	a	DET
ijtc-723	18	3	result	result	NOUN
ijtc-723	18	4	,	,	PUNCT
ijtc-723	18	5	companies	company	NOUN
ijtc-723	18	6	may	may	AUX
ijtc-723	18	7	need	need	VERB
ijtc-723	18	8	to	to	PART
ijtc-723	18	9	disclose	disclose	VERB
ijtc-723	18	10	the	the	DET
ijtc-723	18	11	risks	risk	NOUN
ijtc-723	18	12	and	and	CCONJ
ijtc-723	18	13	uncertainties	uncertainty	NOUN
ijtc-723	18	14	related	relate	VERB
ijtc-723	18	15	to	to	ADP
ijtc-723	18	16	their	their	PRON
ijtc-723	18	17	ability	ability	NOUN
ijtc-723	18	18	to	to	PART
ijtc-723	18	19	continue	continue	VERB
ijtc-723	18	20	operating	operate	VERB
ijtc-723	18	21	and	and	CCONJ
ijtc-723	18	22	may	may	AUX
ijtc-723	18	23	need	need	VERB
ijtc-723	18	24	to	to	PART
ijtc-723	18	25	adjust	adjust	VERB
ijtc-723	18	26	their	their	PRON
ijtc-723	18	27	financial	financial	ADJ
ijtc-723	18	28	statements	statement	NOUN
ijtc-723	18	29	accordingly	accordingly	ADV
ijtc-723	18	30	.	.	PUNCT
ijtc-723	19	1	one	one	NUM
ijtc-723	19	2	of	of	ADP
ijtc-723	19	3	the	the	DET
ijtc-723	19	4	key	key	ADJ
ijtc-723	19	5	changes	change	NOUN
ijtc-723	19	6	introduced	introduce	VERB
ijtc-723	19	7	by	by	ADP
ijtc-723	19	8	ifrs	ifrs	PROPN
ijtc-723	19	9	9	9	NUM
ijtc-723	19	10	is	be	AUX
ijtc-723	19	11	the	the	DET
ijtc-723	19	12	shift	shift	NOUN
ijtc-723	19	13	from	from	ADP
ijtc-723	19	14	the	the	DET
ijtc-723	19	15	incurred	incur	VERB
ijtc-723	19	16	loss	loss	NOUN
ijtc-723	19	17	model	model	NOUN
ijtc-723	19	18	to	to	ADP
ijtc-723	19	19	the	the	DET
ijtc-723	19	20	expected	expect	VERB
ijtc-723	19	21	credit	credit	NOUN
ijtc-723	19	22	loss	loss	NOUN
ijtc-723	19	23	(	(	PUNCT
ijtc-723	19	24	ecl	ecl	PROPN
ijtc-723	19	25	)	)	PUNCT
ijtc-723	19	26	model	model	NOUN
ijtc-723	19	27	for	for	ADP
ijtc-723	19	28	the	the	DET
ijtc-723	19	29	impairment	impairment	NOUN
ijtc-723	19	30	of	of	ADP
ijtc-723	19	31	financial	financial	ADJ
ijtc-723	19	32	assets	asset	NOUN
ijtc-723	19	33	.	.	PUNCT
ijtc-723	20	1	under	under	ADP
ijtc-723	20	2	the	the	DET
ijtc-723	20	3	incurred	incur	VERB
ijtc-723	20	4	loss	loss	NOUN
ijtc-723	20	5	model	model	NOUN
ijtc-723	20	6	,	,	PUNCT
ijtc-723	20	7	impairment	impairment	ADJ
ijtc-723	20	8	losses	loss	NOUN
ijtc-723	20	9	were	be	AUX
ijtc-723	20	10	recognized	recognize	VERB
ijtc-723	20	11	only	only	ADV
ijtc-723	20	12	when	when	SCONJ
ijtc-723	20	13	there	there	PRON
ijtc-723	20	14	was	be	VERB
ijtc-723	20	15	objective	objective	ADJ
ijtc-723	20	16	evidence	evidence	NOUN
ijtc-723	20	17	of	of	ADP
ijtc-723	20	18	impairment	impairment	NOUN
ijtc-723	20	19	,	,	PUNCT
ijtc-723	20	20	https://www.ilomata.org/index.php/ijtc	https://www.ilomata.org/index.php/ijtc	PROPN
ijtc-723	20	21	mailto	mailto	NOUN
ijtc-723	20	22	:	:	PUNCT
ijtc-723	20	23	mmanya2@alumno.uned.es1	mmanya2@alumno.uned.es1	PROPN
ijtc-723	20	24	https://doi.org/10.52728/ijtc.v4i2.723	https://doi.org/10.52728/ijtc.v4i2.723	NOUN
ijtc-723	20	25	application	application	NOUN
ijtc-723	20	26	of	of	ADP
ijtc-723	20	27	ifrs	ifrs	PROPN
ijtc-723	20	28	9	9	NUM
ijtc-723	20	29	financial	financial	ADJ
ijtc-723	20	30	instruments	instrument	NOUN
ijtc-723	20	31	and	and	CCONJ
ijtc-723	20	32	the	the	DET
ijtc-723	20	33	exposure	exposure	NOUN
ijtc-723	20	34	to	to	ADP
ijtc-723	20	35	credit	credit	NOUN
ijtc-723	20	36	risk	risk	NOUN
ijtc-723	20	37	(	(	PUNCT
ijtc-723	20	38	case	case	NOUN
ijtc-723	20	39	study	study	NOUN
ijtc-723	20	40	in	in	ADP
ijtc-723	20	41	ecuador	ecuador	PROPN
ijtc-723	20	42	)	)	PUNCT
ijtc-723	20	43	orellana	orellana	PROPN
ijtc-723	20	44	and	and	CCONJ
ijtc-723	20	45	rabanal	rabanal	VERB
ijtc-723	20	46	325	325	NUM
ijtc-723	20	47	|	|	ADV
ijtc-723	20	48	ilomata	ilomata	PROPN
ijtc-723	20	49	international	international	ADJ
ijtc-723	20	50	journal	journal	NOUN
ijtc-723	20	51	of	of	ADP
ijtc-723	20	52	tax	tax	PROPN
ijtc-723	20	53	&	&	CCONJ
ijtc-723	20	54	accounting	account	VERB
ijtc-723	20	55	https://www.ilomata.org/index.php/ijtc	https://www.ilomata.org/index.php/ijtc	PROPN
ijtc-723	20	56	such	such	ADJ
ijtc-723	20	57	as	as	ADP
ijtc-723	20	58	a	a	DET
ijtc-723	20	59	default	default	NOUN
ijtc-723	20	60	or	or	CCONJ
ijtc-723	20	61	bankruptcy	bankruptcy	NOUN
ijtc-723	20	62	of	of	ADP
ijtc-723	20	63	the	the	DET
ijtc-723	20	64	debtor	debtor	NOUN
ijtc-723	20	65	.	.	PUNCT
ijtc-723	21	1	in	in	ADP
ijtc-723	21	2	contrast	contrast	NOUN
ijtc-723	21	3	,	,	PUNCT
ijtc-723	21	4	the	the	DET
ijtc-723	21	5	ecl	ecl	PROPN
ijtc-723	21	6	model	model	NOUN
ijtc-723	21	7	requires	require	VERB
ijtc-723	21	8	companies	company	NOUN
ijtc-723	21	9	to	to	PART
ijtc-723	21	10	recognize	recognize	VERB
ijtc-723	21	11	expected	expect	VERB
ijtc-723	21	12	credit	credit	NOUN
ijtc-723	21	13	losses	loss	NOUN
ijtc-723	21	14	based	base	VERB
ijtc-723	21	15	on	on	ADP
ijtc-723	21	16	a	a	DET
ijtc-723	21	17	forward	forward	ADV
ijtc-723	21	18	-	-	PUNCT
ijtc-723	21	19	looking	look	VERB
ijtc-723	21	20	assessment	assessment	NOUN
ijtc-723	21	21	of	of	ADP
ijtc-723	21	22	the	the	DET
ijtc-723	21	23	credit	credit	NOUN
ijtc-723	21	24	risk	risk	NOUN
ijtc-723	21	25	associated	associate	VERB
ijtc-723	21	26	with	with	ADP
ijtc-723	21	27	a	a	DET
ijtc-723	21	28	financial	financial	ADJ
ijtc-723	21	29	instrument	instrument	NOUN
ijtc-723	21	30	,	,	PUNCT
ijtc-723	21	31	considering	consider	VERB
ijtc-723	21	32	factors	factor	NOUN
ijtc-723	21	33	such	such	ADJ
ijtc-723	21	34	as	as	ADP
ijtc-723	21	35	the	the	DET
ijtc-723	21	36	debtor	debtor	NOUN
ijtc-723	21	37	's	's	PART
ijtc-723	21	38	creditworthiness	creditworthiness	NOUN
ijtc-723	21	39	,	,	PUNCT
ijtc-723	21	40	payment	payment	NOUN
ijtc-723	21	41	history	history	NOUN
ijtc-723	21	42	,	,	PUNCT
ijtc-723	21	43	and	and	CCONJ
ijtc-723	21	44	economic	economic	ADJ
ijtc-723	21	45	conditions	condition	NOUN
ijtc-723	21	46	.	.	PUNCT
ijtc-723	22	1	overall	overall	ADV
ijtc-723	22	2	,	,	PUNCT
ijtc-723	22	3	the	the	DET
ijtc-723	22	4	objective	objective	NOUN
ijtc-723	22	5	of	of	ADP
ijtc-723	22	6	ifrs	ifrs	PROPN
ijtc-723	22	7	9	9	NUM
ijtc-723	22	8	is	be	AUX
ijtc-723	22	9	to	to	PART
ijtc-723	22	10	improve	improve	VERB
ijtc-723	22	11	the	the	DET
ijtc-723	22	12	financial	financial	ADJ
ijtc-723	22	13	reporting	reporting	NOUN
ijtc-723	22	14	of	of	ADP
ijtc-723	22	15	financial	financial	ADJ
ijtc-723	22	16	assets	asset	NOUN
ijtc-723	22	17	and	and	CCONJ
ijtc-723	22	18	financial	financial	ADJ
ijtc-723	22	19	liabilities	liability	NOUN
ijtc-723	22	20	,	,	PUNCT
ijtc-723	22	21	with	with	ADP
ijtc-723	22	22	the	the	DET
ijtc-723	22	23	aim	aim	NOUN
ijtc-723	22	24	of	of	ADP
ijtc-723	22	25	providing	provide	VERB
ijtc-723	22	26	users	user	NOUN
ijtc-723	22	27	of	of	ADP
ijtc-723	22	28	financial	financial	ADJ
ijtc-723	22	29	statements	statement	NOUN
ijtc-723	22	30	with	with	ADP
ijtc-723	22	31	better	well	ADJ
ijtc-723	22	32	information	information	NOUN
ijtc-723	22	33	about	about	ADP
ijtc-723	22	34	an	an	DET
ijtc-723	22	35	entity	entity	NOUN
ijtc-723	22	36	's	's	PART
ijtc-723	22	37	financial	financial	ADJ
ijtc-723	22	38	position	position	NOUN
ijtc-723	22	39	,	,	PUNCT
ijtc-723	22	40	performance	performance	NOUN
ijtc-723	22	41	,	,	PUNCT
ijtc-723	22	42	and	and	CCONJ
ijtc-723	22	43	cash	cash	NOUN
ijtc-723	22	44	flows	flow	NOUN
ijtc-723	22	45	.	.	PUNCT
ijtc-723	23	1	it	it	PRON
ijtc-723	23	2	should	should	AUX
ijtc-723	23	3	be	be	AUX
ijtc-723	23	4	recalled	recall	VERB
ijtc-723	23	5	that	that	SCONJ
ijtc-723	23	6	companies	company	NOUN
ijtc-723	23	7	used	use	VERB
ijtc-723	23	8	the	the	DET
ijtc-723	23	9	loss	loss	NOUN
ijtc-723	23	10	methodology	methodology	NOUN
ijtc-723	23	11	incurred	incur	VERB
ijtc-723	23	12	in	in	ADP
ijtc-723	23	13	accordance	accordance	NOUN
ijtc-723	23	14	with	with	ADP
ijtc-723	23	15	ias	ias	PROPN
ijtc-723	23	16	39	39	NUM
ijtc-723	23	17	;	;	PUNCT
ijtc-723	23	18	that	that	PRON
ijtc-723	23	19	is	is	ADV
ijtc-723	23	20	,	,	PUNCT
ijtc-723	23	21	the	the	DET
ijtc-723	23	22	recognition	recognition	NOUN
ijtc-723	23	23	of	of	ADP
ijtc-723	23	24	losses	loss	NOUN
ijtc-723	23	25	at	at	ADP
ijtc-723	23	26	the	the	DET
ijtc-723	23	27	time	time	NOUN
ijtc-723	23	28	evidence	evidence	NOUN
ijtc-723	23	29	of	of	ADP
ijtc-723	23	30	impairment	impairment	NOUN
ijtc-723	23	31	is	be	AUX
ijtc-723	23	32	identified	identify	VERB
ijtc-723	23	33	.	.	PUNCT
ijtc-723	24	1	the	the	DET
ijtc-723	24	2	measurement	measurement	NOUN
ijtc-723	24	3	of	of	ADP
ijtc-723	24	4	expected	expect	VERB
ijtc-723	24	5	losses	loss	NOUN
ijtc-723	24	6	when	when	SCONJ
ijtc-723	24	7	evaluating	evaluate	VERB
ijtc-723	24	8	the	the	DET
ijtc-723	24	9	loan	loan	NOUN
ijtc-723	24	10	portfolio	portfolio	NOUN
ijtc-723	24	11	is	be	AUX
ijtc-723	24	12	now	now	ADV
ijtc-723	24	13	analyzed	analyze	VERB
ijtc-723	24	14	for	for	ADP
ijtc-723	24	15	the	the	DET
ijtc-723	24	16	calculation	calculation	NOUN
ijtc-723	24	17	of	of	ADP
ijtc-723	24	18	a	a	DET
ijtc-723	24	19	reasonable	reasonable	ADJ
ijtc-723	24	20	provision	provision	NOUN
ijtc-723	24	21	.	.	PUNCT
ijtc-723	25	1	therefore	therefore	ADV
ijtc-723	25	2	,	,	PUNCT
ijtc-723	25	3	the	the	DET
ijtc-723	25	4	provisions	provision	NOUN
ijtc-723	25	5	of	of	ADP
ijtc-723	25	6	accounts	account	NOUN
ijtc-723	25	7	receivable	receivable	ADJ
ijtc-723	25	8	or	or	CCONJ
ijtc-723	25	9	impairment	impairment	NOUN
ijtc-723	25	10	of	of	ADP
ijtc-723	25	11	the	the	DET
ijtc-723	25	12	portfolio	portfolio	NOUN
ijtc-723	25	13	are	be	AUX
ijtc-723	25	14	necessary	necessary	ADJ
ijtc-723	25	15	due	due	ADP
ijtc-723	25	16	to	to	ADP
ijtc-723	25	17	the	the	DET
ijtc-723	25	18	risk	risk	NOUN
ijtc-723	25	19	involved	involve	VERB
ijtc-723	25	20	in	in	ADP
ijtc-723	25	21	addition	addition	NOUN
ijtc-723	25	22	to	to	ADP
ijtc-723	25	23	a	a	DET
ijtc-723	25	24	correct	correct	ADJ
ijtc-723	25	25	valuation	valuation	NOUN
ijtc-723	25	26	,	,	PUNCT
ijtc-723	25	27	because	because	SCONJ
ijtc-723	25	28	if	if	SCONJ
ijtc-723	25	29	they	they	PRON
ijtc-723	25	30	are	be	AUX
ijtc-723	25	31	overvalued	overvalue	VERB
ijtc-723	25	32	or	or	CCONJ
ijtc-723	25	33	undervalued	undervalue	VERB
ijtc-723	25	34	it	it	PRON
ijtc-723	25	35	would	would	AUX
ijtc-723	25	36	affect	affect	VERB
ijtc-723	25	37	the	the	DET
ijtc-723	25	38	financial	financial	ADJ
ijtc-723	25	39	situation	situation	NOUN
ijtc-723	25	40	of	of	ADP
ijtc-723	25	41	the	the	DET
ijtc-723	25	42	company	company	NOUN
ijtc-723	25	43	for	for	ADP
ijtc-723	25	44	future	future	ADJ
ijtc-723	25	45	investments	investment	NOUN
ijtc-723	25	46	or	or	CCONJ
ijtc-723	25	47	loans	loan	NOUN
ijtc-723	25	48	.	.	PUNCT
ijtc-723	26	1	post	post	ADJ
ijtc-723	26	2	-	-	ADJ
ijtc-723	26	3	pandemic	pandemic	ADJ
ijtc-723	26	4	,	,	PUNCT
ijtc-723	26	5	many	many	ADJ
ijtc-723	26	6	non	non	ADJ
ijtc-723	26	7	-	-	ADJ
ijtc-723	26	8	financial	financial	ADJ
ijtc-723	26	9	companies	company	NOUN
ijtc-723	26	10	in	in	ADP
ijtc-723	26	11	the	the	DET
ijtc-723	26	12	service	service	NOUN
ijtc-723	26	13	sector	sector	NOUN
ijtc-723	26	14	have	have	AUX
ijtc-723	26	15	faced	face	VERB
ijtc-723	26	16	significant	significant	ADJ
ijtc-723	26	17	challenges	challenge	NOUN
ijtc-723	26	18	in	in	ADP
ijtc-723	26	19	maintaining	maintain	VERB
ijtc-723	26	20	stable	stable	ADJ
ijtc-723	26	21	liquidity	liquidity	NOUN
ijtc-723	26	22	conditions	condition	NOUN
ijtc-723	26	23	.	.	PUNCT
ijtc-723	27	1	however	however	ADV
ijtc-723	27	2	,	,	PUNCT
ijtc-723	27	3	there	there	PRON
ijtc-723	27	4	are	be	VERB
ijtc-723	27	5	certain	certain	ADJ
ijtc-723	27	6	criteria	criterion	NOUN
ijtc-723	27	7	that	that	PRON
ijtc-723	27	8	can	can	AUX
ijtc-723	27	9	indicate	indicate	VERB
ijtc-723	27	10	that	that	SCONJ
ijtc-723	27	11	a	a	DET
ijtc-723	27	12	company	company	NOUN
ijtc-723	27	13	is	be	AUX
ijtc-723	27	14	in	in	ADP
ijtc-723	27	15	a	a	DET
ijtc-723	27	16	strong	strong	ADJ
ijtc-723	27	17	position	position	NOUN
ijtc-723	27	18	in	in	ADP
ijtc-723	27	19	terms	term	NOUN
ijtc-723	27	20	of	of	ADP
ijtc-723	27	21	liquidity	liquidity	NOUN
ijtc-723	27	22	.	.	PUNCT
ijtc-723	28	1	first	first	ADV
ijtc-723	28	2	,	,	PUNCT
ijtc-723	28	3	the	the	DET
ijtc-723	28	4	company	company	NOUN
ijtc-723	28	5	's	's	PART
ijtc-723	28	6	ability	ability	NOUN
ijtc-723	28	7	to	to	PART
ijtc-723	28	8	generate	generate	VERB
ijtc-723	28	9	stable	stable	ADJ
ijtc-723	28	10	and	and	CCONJ
ijtc-723	28	11	predictable	predictable	ADJ
ijtc-723	28	12	cash	cash	NOUN
ijtc-723	28	13	flows	flow	NOUN
ijtc-723	28	14	is	be	AUX
ijtc-723	28	15	key	key	ADJ
ijtc-723	28	16	.	.	PUNCT
ijtc-723	29	1	a	a	DET
ijtc-723	29	2	company	company	NOUN
ijtc-723	29	3	that	that	PRON
ijtc-723	29	4	can	can	AUX
ijtc-723	29	5	maintain	maintain	VERB
ijtc-723	29	6	a	a	DET
ijtc-723	29	7	stable	stable	ADJ
ijtc-723	29	8	cash	cash	NOUN
ijtc-723	29	9	flow	flow	NOUN
ijtc-723	29	10	through	through	ADP
ijtc-723	29	11	good	good	ADJ
ijtc-723	29	12	management	management	NOUN
ijtc-723	29	13	of	of	ADP
ijtc-723	29	14	its	its	PRON
ijtc-723	29	15	cash	cash	NOUN
ijtc-723	29	16	cycle	cycle	NOUN
ijtc-723	29	17	,	,	PUNCT
ijtc-723	29	18	including	include	VERB
ijtc-723	29	19	control	control	NOUN
ijtc-723	29	20	of	of	ADP
ijtc-723	29	21	its	its	PRON
ijtc-723	29	22	accounts	account	NOUN
ijtc-723	29	23	receivable	receivable	ADJ
ijtc-723	29	24	and	and	CCONJ
ijtc-723	29	25	payable	payable	ADJ
ijtc-723	29	26	,	,	PUNCT
ijtc-723	29	27	and	and	CCONJ
ijtc-723	29	28	efficient	efficient	ADJ
ijtc-723	29	29	management	management	NOUN
ijtc-723	29	30	of	of	ADP
ijtc-723	29	31	its	its	PRON
ijtc-723	29	32	inventory	inventory	NOUN
ijtc-723	29	33	,	,	PUNCT
ijtc-723	29	34	will	will	AUX
ijtc-723	29	35	be	be	AUX
ijtc-723	29	36	better	well	ADV
ijtc-723	29	37	positioned	position	VERB
ijtc-723	29	38	to	to	PART
ijtc-723	29	39	survive	survive	VERB
ijtc-723	29	40	any	any	DET
ijtc-723	29	41	negative	negative	ADJ
ijtc-723	29	42	impact	impact	NOUN
ijtc-723	29	43	on	on	ADP
ijtc-723	29	44	its	its	PRON
ijtc-723	29	45	revenues	revenue	NOUN
ijtc-723	29	46	.	.	PUNCT
ijtc-723	30	1	second	second	ADJ
ijtc-723	30	2	,	,	PUNCT
ijtc-723	30	3	diversification	diversification	NOUN
ijtc-723	30	4	of	of	ADP
ijtc-723	30	5	revenue	revenue	NOUN
ijtc-723	30	6	sources	source	NOUN
ijtc-723	30	7	and	and	CCONJ
ijtc-723	30	8	the	the	DET
ijtc-723	30	9	company	company	NOUN
ijtc-723	30	10	's	's	PART
ijtc-723	30	11	ability	ability	NOUN
ijtc-723	30	12	to	to	PART
ijtc-723	30	13	adapt	adapt	VERB
ijtc-723	30	14	are	be	AUX
ijtc-723	30	15	also	also	ADV
ijtc-723	30	16	important	important	ADJ
ijtc-723	30	17	factors	factor	NOUN
ijtc-723	30	18	.	.	PUNCT
ijtc-723	31	1	a	a	DET
ijtc-723	31	2	company	company	NOUN
ijtc-723	31	3	that	that	PRON
ijtc-723	31	4	has	have	VERB
ijtc-723	31	5	a	a	DET
ijtc-723	31	6	broad	broad	ADJ
ijtc-723	31	7	and	and	CCONJ
ijtc-723	31	8	diversified	diversified	ADJ
ijtc-723	31	9	customer	customer	NOUN
ijtc-723	31	10	and	and	CCONJ
ijtc-723	31	11	product	product	NOUN
ijtc-723	31	12	base	base	NOUN
ijtc-723	31	13	will	will	AUX
ijtc-723	31	14	be	be	AUX
ijtc-723	31	15	better	well	ADV
ijtc-723	31	16	equipped	equip	VERB
ijtc-723	31	17	to	to	PART
ijtc-723	31	18	deal	deal	VERB
ijtc-723	31	19	with	with	ADP
ijtc-723	31	20	fluctuations	fluctuation	NOUN
ijtc-723	31	21	in	in	ADP
ijtc-723	31	22	demand	demand	NOUN
ijtc-723	31	23	and	and	CCONJ
ijtc-723	31	24	disruptions	disruption	NOUN
ijtc-723	31	25	in	in	ADP
ijtc-723	31	26	the	the	DET
ijtc-723	31	27	supply	supply	NOUN
ijtc-723	31	28	chain	chain	NOUN
ijtc-723	31	29	.	.	PUNCT
ijtc-723	32	1	in	in	ADP
ijtc-723	32	2	addition	addition	NOUN
ijtc-723	32	3	,	,	PUNCT
ijtc-723	32	4	a	a	DET
ijtc-723	32	5	company	company	NOUN
ijtc-723	32	6	that	that	PRON
ijtc-723	32	7	can	can	AUX
ijtc-723	32	8	adapt	adapt	VERB
ijtc-723	32	9	quickly	quickly	ADV
ijtc-723	32	10	to	to	ADP
ijtc-723	32	11	changes	change	NOUN
ijtc-723	32	12	in	in	ADP
ijtc-723	32	13	market	market	NOUN
ijtc-723	32	14	and	and	CCONJ
ijtc-723	32	15	economic	economic	ADJ
ijtc-723	32	16	conditions	condition	NOUN
ijtc-723	32	17	,	,	PUNCT
ijtc-723	32	18	through	through	ADP
ijtc-723	32	19	good	good	ADJ
ijtc-723	32	20	planning	planning	NOUN
ijtc-723	32	21	and	and	CCONJ
ijtc-723	32	22	strategy	strategy	NOUN
ijtc-723	32	23	,	,	PUNCT
ijtc-723	32	24	will	will	AUX
ijtc-723	32	25	be	be	AUX
ijtc-723	32	26	better	well	ADV
ijtc-723	32	27	able	able	ADJ
ijtc-723	32	28	to	to	PART
ijtc-723	32	29	maintain	maintain	VERB
ijtc-723	32	30	a	a	DET
ijtc-723	32	31	strong	strong	ADJ
ijtc-723	32	32	position	position	NOUN
ijtc-723	32	33	in	in	ADP
ijtc-723	32	34	terms	term	NOUN
ijtc-723	32	35	of	of	ADP
ijtc-723	32	36	post	post	ADJ
ijtc-723	32	37	-	-	ADJ
ijtc-723	32	38	pandemic	pandemic	ADJ
ijtc-723	32	39	liquidity	liquidity	NOUN
ijtc-723	32	40	.	.	PUNCT
ijtc-723	33	1	for	for	ADP
ijtc-723	33	2	(	(	PUNCT
ijtc-723	33	3	moreno	moreno	PROPN
ijtc-723	33	4	et	et	PROPN
ijtc-723	33	5	al	al	PROPN
ijtc-723	33	6	.	.	PROPN
ijtc-723	33	7	,	,	PUNCT
ijtc-723	33	8	2014	2014	NUM
ijtc-723	33	9	)	)	PUNCT
ijtc-723	33	10	this	this	DET
ijtc-723	33	11	situation	situation	NOUN
ijtc-723	33	12	"	"	PUNCT
ijtc-723	33	13	allows	allow	VERB
ijtc-723	33	14	users	user	NOUN
ijtc-723	33	15	of	of	ADP
ijtc-723	33	16	financial	financial	ADJ
ijtc-723	33	17	statements	statement	NOUN
ijtc-723	33	18	to	to	PART
ijtc-723	33	19	obtain	obtain	VERB
ijtc-723	33	20	more	more	ADV
ijtc-723	33	21	useful	useful	ADJ
ijtc-723	33	22	information	information	NOUN
ijtc-723	33	23	about	about	ADP
ijtc-723	33	24	the	the	DET
ijtc-723	33	25	expected	expect	VERB
ijtc-723	33	26	credit	credit	NOUN
ijtc-723	33	27	losses	loss	NOUN
ijtc-723	33	28	of	of	ADP
ijtc-723	33	29	an	an	DET
ijtc-723	33	30	entity	entity	NOUN
ijtc-723	33	31	,	,	PUNCT
ijtc-723	33	32	about	about	ADP
ijtc-723	33	33	its	its	PRON
ijtc-723	33	34	financial	financial	ADJ
ijtc-723	33	35	assets	asset	NOUN
ijtc-723	33	36	to	to	PART
ijtc-723	33	37	facilitate	facilitate	VERB
ijtc-723	33	38	the	the	DET
ijtc-723	33	39	evaluation	evaluation	NOUN
ijtc-723	33	40	of	of	ADP
ijtc-723	33	41	future	future	ADJ
ijtc-723	33	42	amounts	amount	NOUN
ijtc-723	33	43	and	and	CCONJ
ijtc-723	33	44	cash	cash	NOUN
ijtc-723	33	45	flows	flow	NOUN
ijtc-723	33	46	"	"	PUNCT
ijtc-723	33	47	.	.	PUNCT
ijtc-723	34	1	(	(	PUNCT
ijtc-723	34	2	casal	casal	NOUN
ijtc-723	34	3	,	,	PUNCT
ijtc-723	34	4	2016	2016	NUM
ijtc-723	34	5	)	)	PUNCT
ijtc-723	34	6	argues	argue	VERB
ijtc-723	34	7	that	that	SCONJ
ijtc-723	34	8	"	"	PUNCT
ijtc-723	34	9	entities	entity	NOUN
ijtc-723	34	10	will	will	AUX
ijtc-723	34	11	have	have	VERB
ijtc-723	34	12	to	to	PART
ijtc-723	34	13	document	document	VERB
ijtc-723	34	14	their	their	PRON
ijtc-723	34	15	business	business	NOUN
ijtc-723	34	16	models	model	NOUN
ijtc-723	34	17	and	and	CCONJ
ijtc-723	34	18	ensure	ensure	VERB
ijtc-723	34	19	that	that	SCONJ
ijtc-723	34	20	the	the	DET
ijtc-723	34	21	financial	financial	ADJ
ijtc-723	34	22	investments	investment	NOUN
ijtc-723	34	23	they	they	PRON
ijtc-723	34	24	make	make	VERB
ijtc-723	34	25	are	be	AUX
ijtc-723	34	26	framed	frame	VERB
ijtc-723	34	27	in	in	ADP
ijtc-723	34	28	them	they	PRON
ijtc-723	34	29	.	.	PUNCT
ijtc-723	34	30	"	"	PUNCT
ijtc-723	35	1	(	(	PUNCT
ijtc-723	35	2	parrales	parrale	NOUN
ijtc-723	35	3	choez	choez	PROPN
ijtc-723	35	4	&	&	CCONJ
ijtc-723	35	5	castillo	castillo	PROPN
ijtc-723	35	6	llanos	llanos	PROPN
ijtc-723	35	7	,	,	PUNCT
ijtc-723	35	8	2018	2018	NUM
ijtc-723	35	9	)	)	PUNCT
ijtc-723	35	10	,	,	PUNCT
ijtc-723	35	11	ifrs	ifrs	NOUN
ijtc-723	35	12	9	9	NUM
ijtc-723	35	13	financial	financial	ADJ
ijtc-723	35	14	instruments	instrument	NOUN
ijtc-723	35	15	seeks	seek	VERB
ijtc-723	35	16	a	a	DET
ijtc-723	35	17	new	new	ADJ
ijtc-723	35	18	principlebased	principlebased	ADJ
ijtc-723	35	19	classification	classification	NOUN
ijtc-723	35	20	and	and	CCONJ
ijtc-723	35	21	valuation	valuation	NOUN
ijtc-723	35	22	approach	approach	NOUN
ijtc-723	35	23	,	,	PUNCT
ijtc-723	35	24	depending	depend	VERB
ijtc-723	35	25	on	on	ADP
ijtc-723	35	26	the	the	DET
ijtc-723	35	27	business	business	NOUN
ijtc-723	35	28	model	model	NOUN
ijtc-723	35	29	and	and	CCONJ
ijtc-723	35	30	nature	nature	NOUN
ijtc-723	35	31	of	of	ADP
ijtc-723	35	32	cash	cash	NOUN
ijtc-723	35	33	flows	flow	NOUN
ijtc-723	35	34	.	.	PUNCT
ijtc-723	36	1	likewise	likewise	ADV
ijtc-723	36	2	,	,	PUNCT
ijtc-723	36	3	this	this	DET
ijtc-723	36	4	standard	standard	NOUN
ijtc-723	36	5	analyzes	analyze	VERB
ijtc-723	36	6	the	the	DET
ijtc-723	36	7	deterioration	deterioration	NOUN
ijtc-723	36	8	model	model	NOUN
ijtc-723	36	9	with	with	ADP
ijtc-723	36	10	an	an	DET
ijtc-723	36	11	approach	approach	NOUN
ijtc-723	36	12	to	to	ADP
ijtc-723	36	13	expected	expect	VERB
ijtc-723	36	14	losses	loss	NOUN
ijtc-723	36	15	,	,	PUNCT
ijtc-723	36	16	and	and	CCONJ
ijtc-723	36	17	complements	complement	VERB
ijtc-723	36	18	a	a	DET
ijtc-723	36	19	hedge	hedge	NOUN
ijtc-723	36	20	accounting	account	VERB
ijtc-723	36	21	more	more	ADV
ijtc-723	36	22	aligned	aligned	ADJ
ijtc-723	36	23	with	with	ADP
ijtc-723	36	24	the	the	DET
ijtc-723	36	25	reality	reality	NOUN
ijtc-723	36	26	of	of	ADP
ijtc-723	36	27	the	the	DET
ijtc-723	36	28	company	company	NOUN
ijtc-723	36	29	's	's	PART
ijtc-723	36	30	risk	risk	NOUN
ijtc-723	36	31	management	management	NOUN
ijtc-723	36	32	.	.	PUNCT
ijtc-723	37	1	https://www.ilomata.org/index.php/ijtc	https://www.ilomata.org/index.php/ijtc	ADJ
ijtc-723	37	2	application	application	NOUN
ijtc-723	37	3	of	of	ADP
ijtc-723	37	4	ifrs	ifrs	PROPN
ijtc-723	37	5	9	9	NUM
ijtc-723	37	6	financial	financial	ADJ
ijtc-723	37	7	instruments	instrument	NOUN
ijtc-723	37	8	and	and	CCONJ
ijtc-723	37	9	the	the	DET
ijtc-723	37	10	exposure	exposure	NOUN
ijtc-723	37	11	to	to	ADP
ijtc-723	37	12	credit	credit	NOUN
ijtc-723	37	13	risk	risk	NOUN
ijtc-723	37	14	(	(	PUNCT
ijtc-723	37	15	case	case	NOUN
ijtc-723	37	16	study	study	NOUN
ijtc-723	37	17	in	in	ADP
ijtc-723	37	18	ecuador	ecuador	PROPN
ijtc-723	37	19	)	)	PUNCT
ijtc-723	37	20	orellana	orellana	PROPN
ijtc-723	37	21	and	and	CCONJ
ijtc-723	37	22	rabanal	rabanal	VERB
ijtc-723	37	23	326	326	NUM
ijtc-723	37	24	|	|	ADV
ijtc-723	37	25	ilomata	ilomata	NOUN
ijtc-723	37	26	international	international	ADJ
ijtc-723	37	27	journal	journal	NOUN
ijtc-723	37	28	of	of	ADP
ijtc-723	37	29	tax	tax	PROPN
ijtc-723	37	30	&	&	CCONJ
ijtc-723	37	31	accounting	accounting	PROPN
ijtc-723	37	32	https://www.ilomata.org/index.php/ijtc	https://www.ilomata.org/index.php/ijtc	PROPN
ijtc-723	37	33	(	(	PUNCT
ijtc-723	37	34	gonzales	gonzale	NOUN
ijtc-723	37	35	cervan	cervan	VERB
ijtc-723	37	36	et	et	PROPN
ijtc-723	37	37	al	al	PROPN
ijtc-723	37	38	.	.	PROPN
ijtc-723	37	39	,	,	PUNCT
ijtc-723	37	40	2015	2015	NUM
ijtc-723	37	41	)	)	PUNCT
ijtc-723	37	42	when	when	SCONJ
ijtc-723	37	43	comparing	compare	VERB
ijtc-723	37	44	these	these	DET
ijtc-723	37	45	accounting	accounting	NOUN
ijtc-723	37	46	standards	standard	NOUN
ijtc-723	37	47	highlight	highlight	VERB
ijtc-723	37	48	four	four	NUM
ijtc-723	37	49	main	main	ADJ
ijtc-723	37	50	differences	difference	NOUN
ijtc-723	37	51	"	"	PUNCT
ijtc-723	37	52	the	the	DET
ijtc-723	37	53	first	first	ADJ
ijtc-723	37	54	is	be	AUX
ijtc-723	37	55	the	the	DET
ijtc-723	37	56	implementation	implementation	NOUN
ijtc-723	37	57	of	of	ADP
ijtc-723	37	58	the	the	DET
ijtc-723	37	59	expected	expect	VERB
ijtc-723	37	60	losses	loss	NOUN
ijtc-723	37	61	model	model	NOUN
ijtc-723	37	62	in	in	ADP
ijtc-723	37	63	ifrs	ifrs	PROPN
ijtc-723	37	64	9	9	NUM
ijtc-723	37	65	,	,	PUNCT
ijtc-723	37	66	which	which	PRON
ijtc-723	37	67	replaces	replace	VERB
ijtc-723	37	68	the	the	DET
ijtc-723	37	69	incurred	incur	VERB
ijtc-723	37	70	loss	loss	NOUN
ijtc-723	37	71	model	model	NOUN
ijtc-723	37	72	applied	apply	VERB
ijtc-723	37	73	according	accord	VERB
ijtc-723	37	74	to	to	ADP
ijtc-723	37	75	ias	ias	PROPN
ijtc-723	37	76	39	39	NUM
ijtc-723	37	77	.	.	PUNCT
ijtc-723	38	1	the	the	DET
ijtc-723	38	2	second	second	NOUN
ijtc-723	38	3	is	be	AUX
ijtc-723	38	4	that	that	SCONJ
ijtc-723	38	5	ifrs	ifrs	PROPN
ijtc-723	38	6	9	9	NUM
ijtc-723	38	7	applies	apply	VERB
ijtc-723	38	8	a	a	DET
ijtc-723	38	9	new	new	ADJ
ijtc-723	38	10	business	business	NOUN
ijtc-723	38	11	model	model	NOUN
ijtc-723	38	12	that	that	PRON
ijtc-723	38	13	helps	help	VERB
ijtc-723	38	14	determine	determine	VERB
ijtc-723	38	15	the	the	DET
ijtc-723	38	16	classification	classification	NOUN
ijtc-723	38	17	of	of	ADP
ijtc-723	38	18	financial	financial	ADJ
ijtc-723	38	19	assets	asset	NOUN
ijtc-723	38	20	as	as	ADP
ijtc-723	38	21	either	either	CCONJ
ijtc-723	38	22	amortized	amortize	VERB
ijtc-723	38	23	cost	cost	NOUN
ijtc-723	38	24	or	or	CCONJ
ijtc-723	38	25	fair	fair	ADJ
ijtc-723	38	26	value	value	NOUN
ijtc-723	38	27	.	.	PUNCT
ijtc-723	39	1	the	the	DET
ijtc-723	39	2	third	third	NOUN
ijtc-723	39	3	creates	create	VERB
ijtc-723	39	4	a	a	DET
ijtc-723	39	5	difference	difference	NOUN
ijtc-723	39	6	with	with	ADP
ijtc-723	39	7	ias	ias	PROPN
ijtc-723	39	8	39	39	NUM
ijtc-723	39	9	,	,	PUNCT
ijtc-723	39	10	since	since	SCONJ
ijtc-723	39	11	the	the	DET
ijtc-723	39	12	latter	latter	ADJ
ijtc-723	39	13	did	do	AUX
ijtc-723	39	14	not	not	PART
ijtc-723	39	15	allow	allow	VERB
ijtc-723	39	16	the	the	DET
ijtc-723	39	17	decomposition	decomposition	NOUN
ijtc-723	39	18	of	of	ADP
ijtc-723	39	19	a	a	DET
ijtc-723	39	20	non	non	ADJ
ijtc-723	39	21	-	-	ADJ
ijtc-723	39	22	financial	financial	ADJ
ijtc-723	39	23	asset	asset	NOUN
ijtc-723	39	24	to	to	PART
ijtc-723	39	25	cover	cover	VERB
ijtc-723	39	26	risks	risk	NOUN
ijtc-723	39	27	;	;	PUNCT
ijtc-723	39	28	however	however	ADV
ijtc-723	39	29	,	,	PUNCT
ijtc-723	39	30	hedge	hedge	ADJ
ijtc-723	39	31	accounting	accounting	NOUN
ijtc-723	39	32	can	can	AUX
ijtc-723	39	33	be	be	AUX
ijtc-723	39	34	applied	apply	VERB
ijtc-723	39	35	under	under	ADP
ijtc-723	39	36	ifrs	ifrs	PROPN
ijtc-723	39	37	9	9	NUM
ijtc-723	39	38	.	.	PUNCT
ijtc-723	40	1	the	the	DET
ijtc-723	40	2	last	last	ADJ
ijtc-723	40	3	is	be	AUX
ijtc-723	40	4	that	that	SCONJ
ijtc-723	40	5	it	it	PRON
ijtc-723	40	6	will	will	AUX
ijtc-723	40	7	have	have	VERB
ijtc-723	40	8	an	an	DET
ijtc-723	40	9	impact	impact	NOUN
ijtc-723	40	10	on	on	ADP
ijtc-723	40	11	ifrs	ifrs	PROPN
ijtc-723	40	12	7	7	NUM
ijtc-723	40	13	by	by	ADP
ijtc-723	40	14	making	make	VERB
ijtc-723	40	15	the	the	DET
ijtc-723	40	16	effectiveness	effectiveness	NOUN
ijtc-723	40	17	of	of	ADP
ijtc-723	40	18	coverage	coverage	NOUN
ijtc-723	40	19	accounting	accounting	NOUN
ijtc-723	40	20	dependent	dependent	ADJ
ijtc-723	40	21	on	on	ADP
ijtc-723	40	22	the	the	DET
ijtc-723	40	23	organization	organization	NOUN
ijtc-723	40	24	's	's	PART
ijtc-723	40	25	strategies	strategy	NOUN
ijtc-723	40	26	,	,	PUNCT
ijtc-723	40	27	which	which	PRON
ijtc-723	40	28	will	will	AUX
ijtc-723	40	29	require	require	VERB
ijtc-723	40	30	broader	broad	ADJ
ijtc-723	40	31	disclosure	disclosure	NOUN
ijtc-723	40	32	of	of	ADP
ijtc-723	40	33	their	their	PRON
ijtc-723	40	34	implementation	implementation	NOUN
ijtc-723	40	35	.	.	PUNCT
ijtc-723	40	36	"	"	PUNCT
ijtc-723	41	1	(	(	PUNCT
ijtc-723	41	2	azúa	azúa	PROPN
ijtc-723	41	3	álvarez	álvarez	PROPN
ijtc-723	41	4	et	et	PROPN
ijtc-723	41	5	al	al	PROPN
ijtc-723	41	6	.	.	PROPN
ijtc-723	41	7	,	,	PUNCT
ijtc-723	41	8	2021	2021	NUM
ijtc-723	41	9	)	)	PUNCT
ijtc-723	41	10	,	,	PUNCT
ijtc-723	41	11	consider	consider	VERB
ijtc-723	41	12	that	that	SCONJ
ijtc-723	41	13	the	the	DET
ijtc-723	41	14	measurement	measurement	NOUN
ijtc-723	41	15	of	of	ADP
ijtc-723	41	16	impairment	impairment	NOUN
ijtc-723	41	17	in	in	ADP
ijtc-723	41	18	accounts	account	NOUN
ijtc-723	41	19	receivable	receivable	ADJ
ijtc-723	41	20	implies	imply	VERB
ijtc-723	41	21	for	for	ADP
ijtc-723	41	22	companies	company	NOUN
ijtc-723	41	23	that	that	SCONJ
ijtc-723	41	24	they	they	PRON
ijtc-723	41	25	must	must	AUX
ijtc-723	41	26	perform	perform	VERB
ijtc-723	41	27	the	the	DET
ijtc-723	41	28	estimated	estimate	VERB
ijtc-723	41	29	calculation	calculation	NOUN
ijtc-723	41	30	of	of	ADP
ijtc-723	41	31	default	default	NOUN
ijtc-723	41	32	for	for	ADP
ijtc-723	41	33	each	each	DET
ijtc-723	41	34	client	client	NOUN
ijtc-723	41	35	,	,	PUNCT
ijtc-723	41	36	through	through	ADP
ijtc-723	41	37	an	an	DET
ijtc-723	41	38	expected	expect	VERB
ijtc-723	41	39	credit	credit	NOUN
ijtc-723	41	40	loss	loss	NOUN
ijtc-723	41	41	(	(	PUNCT
ijtc-723	41	42	ecl	ecl	PROPN
ijtc-723	41	43	)	)	PUNCT
ijtc-723	41	44	model	model	NOUN
ijtc-723	41	45	under	under	ADP
ijtc-723	41	46	the	the	DET
ijtc-723	41	47	international	international	ADJ
ijtc-723	41	48	standard	standard	NOUN
ijtc-723	41	49	(	(	PUNCT
ijtc-723	41	50	ifrs	ifrs	NOUN
ijtc-723	41	51	9	9	NUM
ijtc-723	41	52	)	)	PUNCT
ijtc-723	41	53	,	,	PUNCT
ijtc-723	41	54	which	which	PRON
ijtc-723	41	55	is	be	AUX
ijtc-723	41	56	based	base	VERB
ijtc-723	41	57	on	on	ADP
ijtc-723	41	58	three	three	NUM
ijtc-723	41	59	components	component	NOUN
ijtc-723	41	60	:	:	PUNCT
ijtc-723	41	61	probability	probability	NOUN
ijtc-723	41	62	of	of	ADP
ijtc-723	41	63	default	default	NOUN
ijtc-723	41	64	(	(	PUNCT
ijtc-723	41	65	pd	pd	NOUN
ijtc-723	41	66	)	)	PUNCT
ijtc-723	41	67	,	,	PUNCT
ijtc-723	41	68	loss	loss	NOUN
ijtc-723	41	69	given	give	VERB
ijtc-723	41	70	default	default	NOUN
ijtc-723	41	71	(	(	PUNCT
ijtc-723	41	72	lgd	lgd	PROPN
ijtc-723	41	73	)	)	PUNCT
ijtc-723	41	74	,	,	PUNCT
ijtc-723	41	75	and	and	CCONJ
ijtc-723	41	76	portfolio	portfolio	NOUN
ijtc-723	41	77	exposure	exposure	NOUN
ijtc-723	41	78	(	(	PUNCT
ijtc-723	41	79	ead	ead	NOUN
ijtc-723	41	80	)	)	PUNCT
ijtc-723	41	81	.	.	PUNCT
ijtc-723	42	1	(	(	PUNCT
ijtc-723	42	2	neisen	neisen	PROPN
ijtc-723	42	3	&	&	CCONJ
ijtc-723	42	4	schulte	schulte	PROPN
ijtc-723	42	5	-	-	PUNCT
ijtc-723	42	6	mattler	mattler	NOUN
ijtc-723	42	7	,	,	PUNCT
ijtc-723	42	8	2021	2021	NUM
ijtc-723	42	9	)	)	PUNCT
ijtc-723	42	10	warn	warn	VERB
ijtc-723	42	11	that	that	SCONJ
ijtc-723	42	12	this	this	DET
ijtc-723	42	13	pandemic	pandemic	NOUN
ijtc-723	42	14	will	will	AUX
ijtc-723	42	15	cause	cause	VERB
ijtc-723	42	16	a	a	DET
ijtc-723	42	17	deterioration	deterioration	NOUN
ijtc-723	42	18	in	in	ADP
ijtc-723	42	19	the	the	DET
ijtc-723	42	20	solvency	solvency	NOUN
ijtc-723	42	21	of	of	ADP
ijtc-723	42	22	customers	customer	NOUN
ijtc-723	42	23	in	in	ADP
ijtc-723	42	24	financial	financial	ADJ
ijtc-723	42	25	institutions	institution	NOUN
ijtc-723	42	26	and	and	CCONJ
ijtc-723	42	27	a	a	DET
ijtc-723	42	28	possible	possible	ADJ
ijtc-723	42	29	massive	massive	ADJ
ijtc-723	42	30	increase	increase	NOUN
ijtc-723	42	31	in	in	ADP
ijtc-723	42	32	loan	loan	NOUN
ijtc-723	42	33	defaults	default	NOUN
ijtc-723	42	34	.	.	PUNCT
ijtc-723	43	1	as	as	ADP
ijtc-723	43	2	a	a	DET
ijtc-723	43	3	result	result	NOUN
ijtc-723	43	4	,	,	PUNCT
ijtc-723	43	5	various	various	ADJ
ijtc-723	43	6	regulatory	regulatory	ADJ
ijtc-723	43	7	bodies	body	NOUN
ijtc-723	43	8	,	,	PUNCT
ijtc-723	43	9	including	include	VERB
ijtc-723	43	10	the	the	DET
ijtc-723	43	11	basel	basel	PROPN
ijtc-723	43	12	committee	committee	PROPN
ijtc-723	43	13	on	on	ADP
ijtc-723	43	14	banking	banking	NOUN
ijtc-723	43	15	supervision	supervision	NOUN
ijtc-723	43	16	(	(	PUNCT
ijtc-723	43	17	bcbs	bcbs	PROPN
ijtc-723	43	18	)	)	PUNCT
ijtc-723	43	19	and	and	CCONJ
ijtc-723	43	20	european	european	PROPN
ijtc-723	43	21	union	union	PROPN
ijtc-723	43	22	(	(	PUNCT
ijtc-723	43	23	eu	eu	NOUN
ijtc-723	43	24	)	)	PUNCT
ijtc-723	43	25	institutions	institution	NOUN
ijtc-723	43	26	such	such	ADJ
ijtc-723	43	27	as	as	ADP
ijtc-723	43	28	the	the	DET
ijtc-723	43	29	european	european	PROPN
ijtc-723	43	30	banking	banking	PROPN
ijtc-723	43	31	authority	authority	PROPN
ijtc-723	43	32	(	(	PUNCT
ijtc-723	43	33	eba	eba	NOUN
ijtc-723	43	34	)	)	PUNCT
ijtc-723	43	35	and	and	CCONJ
ijtc-723	43	36	the	the	DET
ijtc-723	43	37	european	european	PROPN
ijtc-723	43	38	central	central	PROPN
ijtc-723	43	39	bank	bank	PROPN
ijtc-723	43	40	(	(	PUNCT
ijtc-723	43	41	ecb	ecb	PROPN
ijtc-723	43	42	)	)	PUNCT
ijtc-723	43	43	,	,	PUNCT
ijtc-723	43	44	have	have	AUX
ijtc-723	43	45	taken	take	VERB
ijtc-723	43	46	measures	measure	NOUN
ijtc-723	43	47	to	to	PART
ijtc-723	43	48	prevent	prevent	VERB
ijtc-723	43	49	a	a	DET
ijtc-723	43	50	potential	potential	ADJ
ijtc-723	43	51	banking	banking	NOUN
ijtc-723	43	52	crisis	crisis	NOUN
ijtc-723	43	53	.	.	PUNCT
ijtc-723	44	1	(	(	PUNCT
ijtc-723	44	2	porretta	porretta	NOUN
ijtc-723	44	3	et	et	PROPN
ijtc-723	44	4	al	al	PROPN
ijtc-723	44	5	.	.	PROPN
ijtc-723	44	6	,	,	PUNCT
ijtc-723	44	7	2020	2020	NUM
ijtc-723	44	8	)	)	PUNCT
ijtc-723	44	9	describe	describe	VERB
ijtc-723	44	10	the	the	DET
ijtc-723	44	11	statement	statement	NOUN
ijtc-723	44	12	suggests	suggest	VERB
ijtc-723	44	13	that	that	SCONJ
ijtc-723	44	14	the	the	DET
ijtc-723	44	15	new	new	ADJ
ijtc-723	44	16	regulations	regulation	NOUN
ijtc-723	44	17	and	and	CCONJ
ijtc-723	44	18	technical	technical	ADJ
ijtc-723	44	19	standards	standard	NOUN
ijtc-723	44	20	introduced	introduce	VERB
ijtc-723	44	21	in	in	ADP
ijtc-723	44	22	europe	europe	PROPN
ijtc-723	44	23	may	may	AUX
ijtc-723	44	24	not	not	PART
ijtc-723	44	25	always	always	ADV
ijtc-723	44	26	align	align	VERB
ijtc-723	44	27	with	with	ADP
ijtc-723	44	28	the	the	DET
ijtc-723	44	29	methodological	methodological	ADJ
ijtc-723	44	30	criteria	criterion	NOUN
ijtc-723	44	31	and	and	CCONJ
ijtc-723	44	32	operational	operational	ADJ
ijtc-723	44	33	implications	implication	NOUN
ijtc-723	44	34	of	of	ADP
ijtc-723	44	35	the	the	DET
ijtc-723	44	36	iasb	iasb	NOUN
ijtc-723	44	37	.	.	PUNCT
ijtc-723	45	1	the	the	DET
ijtc-723	45	2	statement	statement	NOUN
ijtc-723	45	3	further	far	ADV
ijtc-723	45	4	indicates	indicate	VERB
ijtc-723	45	5	that	that	SCONJ
ijtc-723	45	6	a	a	DET
ijtc-723	45	7	case	case	NOUN
ijtc-723	45	8	study	study	NOUN
ijtc-723	45	9	has	have	AUX
ijtc-723	45	10	shown	show	VERB
ijtc-723	45	11	that	that	SCONJ
ijtc-723	45	12	the	the	DET
ijtc-723	45	13	rules	rule	NOUN
ijtc-723	45	14	established	establish	VERB
ijtc-723	45	15	for	for	ADP
ijtc-723	45	16	stage	stage	NOUN
ijtc-723	45	17	1	1	NUM
ijtc-723	45	18	of	of	ADP
ijtc-723	45	19	ifrs	ifrs	PROPN
ijtc-723	45	20	9	9	NUM
ijtc-723	45	21	do	do	AUX
ijtc-723	45	22	not	not	PART
ijtc-723	45	23	reduce	reduce	VERB
ijtc-723	45	24	excess	excess	ADJ
ijtc-723	45	25	coverage	coverage	NOUN
ijtc-723	45	26	produced	produce	VERB
ijtc-723	45	27	in	in	ADP
ijtc-723	45	28	a	a	DET
ijtc-723	45	29	portfolio	portfolio	NOUN
ijtc-723	45	30	,	,	PUNCT
ijtc-723	45	31	which	which	PRON
ijtc-723	45	32	may	may	AUX
ijtc-723	45	33	be	be	AUX
ijtc-723	45	34	problematic	problematic	ADJ
ijtc-723	45	35	for	for	ADP
ijtc-723	45	36	companies	company	NOUN
ijtc-723	45	37	.	.	PUNCT
ijtc-723	46	1	the	the	DET
ijtc-723	46	2	statement	statement	NOUN
ijtc-723	46	3	goes	go	VERB
ijtc-723	46	4	on	on	ADP
ijtc-723	46	5	to	to	PART
ijtc-723	46	6	mention	mention	VERB
ijtc-723	46	7	that	that	PRON
ijtc-723	46	8	for	for	ADP
ijtc-723	46	9	impaired	impaired	ADJ
ijtc-723	46	10	loans	loan	NOUN
ijtc-723	46	11	that	that	PRON
ijtc-723	46	12	fall	fall	VERB
ijtc-723	46	13	under	under	ADP
ijtc-723	46	14	stage	stage	NOUN
ijtc-723	46	15	2	2	NUM
ijtc-723	46	16	of	of	ADP
ijtc-723	46	17	ifrs	ifrs	PROPN
ijtc-723	46	18	9	9	NUM
ijtc-723	46	19	,	,	PUNCT
ijtc-723	46	20	the	the	DET
ijtc-723	46	21	expected	expect	VERB
ijtc-723	46	22	credit	credit	NOUN
ijtc-723	46	23	loss	loss	NOUN
ijtc-723	46	24	(	(	PUNCT
ijtc-723	46	25	ecl	ecl	NOUN
ijtc-723	46	26	)	)	PUNCT
ijtc-723	46	27	calculation	calculation	NOUN
ijtc-723	46	28	may	may	AUX
ijtc-723	46	29	impose	impose	VERB
ijtc-723	46	30	an	an	DET
ijtc-723	46	31	excess	excess	NOUN
ijtc-723	46	32	of	of	ADP
ijtc-723	46	33	provisions	provision	NOUN
ijtc-723	46	34	because	because	SCONJ
ijtc-723	46	35	it	it	PRON
ijtc-723	46	36	does	do	AUX
ijtc-723	46	37	not	not	PART
ijtc-723	46	38	consider	consider	VERB
ijtc-723	46	39	the	the	DET
ijtc-723	46	40	effect	effect	NOUN
ijtc-723	46	41	of	of	ADP
ijtc-723	46	42	expected	expect	VERB
ijtc-723	46	43	premium	premium	NOUN
ijtc-723	46	44	coverage	coverage	NOUN
ijtc-723	46	45	.	.	PUNCT
ijtc-723	47	1	additionally	additionally	ADV
ijtc-723	47	2	,	,	PUNCT
ijtc-723	47	3	for	for	ADP
ijtc-723	47	4	portfolios	portfolio	NOUN
ijtc-723	47	5	of	of	ADP
ijtc-723	47	6	loans	loan	NOUN
ijtc-723	47	7	with	with	ADP
ijtc-723	47	8	short	short	ADJ
ijtc-723	47	9	repayment	repayment	NOUN
ijtc-723	47	10	terms	term	NOUN
ijtc-723	47	11	,	,	PUNCT
ijtc-723	47	12	the	the	DET
ijtc-723	47	13	excess	excess	ADJ
ijtc-723	47	14	provisions	provision	NOUN
ijtc-723	47	15	of	of	ADP
ijtc-723	47	16	ifrs	ifrs	NOUN
ijtc-723	47	17	9	9	NUM
ijtc-723	47	18	may	may	AUX
ijtc-723	47	19	compensate	compensate	VERB
ijtc-723	47	20	for	for	ADP
ijtc-723	47	21	the	the	DET
ijtc-723	47	22	lack	lack	NOUN
ijtc-723	47	23	of	of	ADP
ijtc-723	47	24	coverage	coverage	NOUN
ijtc-723	47	25	of	of	ADP
ijtc-723	47	26	the	the	DET
ijtc-723	47	27	capital	capital	NOUN
ijtc-723	47	28	requirement	requirement	NOUN
ijtc-723	47	29	.	.	PUNCT
ijtc-723	48	1	for	for	ADP
ijtc-723	48	2	this	this	DET
ijtc-723	48	3	reason	reason	NOUN
ijtc-723	48	4	,	,	PUNCT
ijtc-723	48	5	the	the	DET
ijtc-723	48	6	new	new	ADJ
ijtc-723	48	7	requirements	requirement	NOUN
ijtc-723	48	8	of	of	ADP
ijtc-723	48	9	the	the	DET
ijtc-723	48	10	international	international	ADJ
ijtc-723	48	11	standard	standard	NOUN
ijtc-723	48	12	in	in	ADP
ijtc-723	48	13	relation	relation	NOUN
ijtc-723	48	14	to	to	PART
ijtc-723	48	15	risk	risk	VERB
ijtc-723	48	16	measurement	measurement	NOUN
ijtc-723	48	17	emphasize	emphasize	VERB
ijtc-723	48	18	the	the	DET
ijtc-723	48	19	preparation	preparation	NOUN
ijtc-723	48	20	of	of	ADP
ijtc-723	48	21	information	information	NOUN
ijtc-723	48	22	.	.	PUNCT
ijtc-723	49	1	this	this	PRON
ijtc-723	49	2	has	have	AUX
ijtc-723	49	3	resulted	result	VERB
ijtc-723	49	4	in	in	ADP
ijtc-723	49	5	the	the	DET
ijtc-723	49	6	development	development	NOUN
ijtc-723	49	7	of	of	ADP
ijtc-723	49	8	statistical	statistical	ADJ
ijtc-723	49	9	models	model	NOUN
ijtc-723	49	10	that	that	PRON
ijtc-723	49	11	measure	measure	VERB
ijtc-723	49	12	risk	risk	NOUN
ijtc-723	49	13	capacity	capacity	NOUN
ijtc-723	49	14	,	,	PUNCT
ijtc-723	49	15	thus	thus	ADV
ijtc-723	49	16	obtaining	obtain	VERB
ijtc-723	49	17	a	a	DET
ijtc-723	49	18	concept	concept	NOUN
ijtc-723	49	19	extended	extend	VERB
ijtc-723	49	20	to	to	ADP
ijtc-723	49	21	that	that	PRON
ijtc-723	49	22	traditionally	traditionally	ADV
ijtc-723	49	23	proposed	propose	VERB
ijtc-723	49	24	by	by	ADP
ijtc-723	49	25	risk	risk	NOUN
ijtc-723	49	26	rating	rating	NOUN
ijtc-723	49	27	agencies	agency	NOUN
ijtc-723	49	28	.	.	PUNCT
ijtc-723	50	1	(	(	PUNCT
ijtc-723	50	2	peter	peter	PROPN
ijtc-723	50	3	,	,	PUNCT
ijtc-723	50	4	2006	2006	NUM
ijtc-723	50	5	)	)	PUNCT
ijtc-723	50	6	in	in	ADP
ijtc-723	50	7	his	his	PRON
ijtc-723	50	8	banking	banking	NOUN
ijtc-723	50	9	experience	experience	NOUN
ijtc-723	50	10	highlights	highlight	NOUN
ijtc-723	50	11	that	that	PRON
ijtc-723	50	12	the	the	DET
ijtc-723	50	13	measurement	measurement	NOUN
ijtc-723	50	14	and	and	CCONJ
ijtc-723	50	15	management	management	NOUN
ijtc-723	50	16	of	of	ADP
ijtc-723	50	17	credit	credit	NOUN
ijtc-723	50	18	risk	risk	NOUN
ijtc-723	50	19	depends	depend	VERB
ijtc-723	50	20	to	to	ADP
ijtc-723	50	21	a	a	DET
ijtc-723	50	22	large	large	ADJ
ijtc-723	50	23	extent	extent	NOUN
ijtc-723	50	24	on	on	ADP
ijtc-723	50	25	three	three	NUM
ijtc-723	50	26	key	key	ADJ
ijtc-723	50	27	risk	risk	NOUN
ijtc-723	50	28	parameters	parameter	NOUN
ijtc-723	50	29	:	:	PUNCT
ijtc-723	50	30	probability	probability	NOUN
ijtc-723	50	31	of	of	ADP
ijtc-723	50	32	default	default	NOUN
ijtc-723	50	33	(	(	PUNCT
ijtc-723	50	34	pd	pd	NOUN
ijtc-723	50	35	)	)	PUNCT
ijtc-723	50	36	,	,	PUNCT
ijtc-723	50	37	exposure	exposure	NOUN
ijtc-723	50	38	at	at	ADP
ijtc-723	50	39	default	default	NOUN
ijtc-723	50	40	(	(	PUNCT
ijtc-723	50	41	ead	ead	NOUN
ijtc-723	50	42	)	)	PUNCT
ijtc-723	50	43	and	and	CCONJ
ijtc-723	50	44	loss	loss	NOUN
ijtc-723	50	45	given	give	VERB
ijtc-723	50	46	default	default	NOUN
ijtc-723	50	47	(	(	PUNCT
ijtc-723	50	48	lgd	lgd	PROPN
ijtc-723	50	49	)	)	PUNCT
ijtc-723	50	50	.	.	PUNCT
ijtc-723	51	1	for	for	ADP
ijtc-723	51	2	this	this	DET
ijtc-723	51	3	author	author	NOUN
ijtc-723	51	4	,	,	PUNCT
ijtc-723	51	5	probability	probability	NOUN
ijtc-723	51	6	of	of	ADP
ijtc-723	51	7	default	default	NOUN
ijtc-723	51	8	describes	describe	VERB
ijtc-723	51	9	the	the	DET
ijtc-723	51	10	probability	probability	NOUN
ijtc-723	51	11	that	that	SCONJ
ijtc-723	51	12	the	the	DET
ijtc-723	51	13	lender	lender	NOUN
ijtc-723	51	14	will	will	AUX
ijtc-723	51	15	face	face	VERB
ijtc-723	51	16	default	default	NOUN
ijtc-723	51	17	on	on	ADP
ijtc-723	51	18	some	some	DET
ijtc-723	51	19	obligor	obligor	NOUN
ijtc-723	51	20	or	or	CCONJ
ijtc-723	51	21	transaction	transaction	NOUN
ijtc-723	51	22	.	.	PUNCT
ijtc-723	52	1	the	the	DET
ijtc-723	52	2	exposure	exposure	NOUN
ijtc-723	52	3	at	at	ADP
ijtc-723	52	4	default	default	NOUN
ijtc-723	52	5	provides	provide	VERB
ijtc-723	52	6	an	an	DET
ijtc-723	52	7	estimate	estimate	NOUN
ijtc-723	52	8	of	of	ADP
ijtc-723	52	9	the	the	DET
ijtc-723	52	10	exposure	exposure	NOUN
ijtc-723	52	11	outstanding	outstanding	ADJ
ijtc-723	52	12	at	at	ADP
ijtc-723	52	13	the	the	DET
ijtc-723	52	14	time	time	NOUN
ijtc-723	52	15	of	of	ADP
ijtc-723	52	16	default	default	NOUN
ijtc-723	52	17	,	,	PUNCT
ijtc-723	52	18	also	also	ADV
ijtc-723	52	19	indicating	indicate	VERB
ijtc-723	52	20	the	the	DET
ijtc-723	52	21	maximum	maximum	ADJ
ijtc-723	52	22	loss	loss	NOUN
ijtc-723	52	23	on	on	ADP
ijtc-723	52	24	the	the	DET
ijtc-723	52	25	corresponding	corresponding	ADJ
ijtc-723	52	26	credit	credit	NOUN
ijtc-723	52	27	line	line	NOUN
ijtc-723	52	28	.	.	PUNCT
ijtc-723	53	1	finally	finally	ADV
ijtc-723	53	2	,	,	PUNCT
ijtc-723	53	3	loss	loss	NOUN
ijtc-723	53	4	given	give	VERB
ijtc-723	53	5	default	default	NOUN
ijtc-723	53	6	measures	measure	NOUN
ijtc-723	53	7	the	the	DET
ijtc-723	53	8	percentage	percentage	NOUN
ijtc-723	53	9	https://www.ilomata.org/index.php/ijtc	https://www.ilomata.org/index.php/ijtc	ADJ
ijtc-723	53	10	application	application	NOUN
ijtc-723	53	11	of	of	ADP
ijtc-723	53	12	ifrs	ifrs	PROPN
ijtc-723	53	13	9	9	NUM
ijtc-723	53	14	financial	financial	ADJ
ijtc-723	53	15	instruments	instrument	NOUN
ijtc-723	53	16	and	and	CCONJ
ijtc-723	53	17	the	the	DET
ijtc-723	53	18	exposure	exposure	NOUN
ijtc-723	53	19	to	to	ADP
ijtc-723	53	20	credit	credit	NOUN
ijtc-723	53	21	risk	risk	NOUN
ijtc-723	53	22	(	(	PUNCT
ijtc-723	53	23	case	case	NOUN
ijtc-723	53	24	study	study	NOUN
ijtc-723	53	25	in	in	ADP
ijtc-723	53	26	ecuador	ecuador	PROPN
ijtc-723	53	27	)	)	PUNCT
ijtc-723	53	28	orellana	orellana	PROPN
ijtc-723	53	29	and	and	CCONJ
ijtc-723	53	30	rabanal	rabanal	VERB
ijtc-723	53	31	327	327	NUM
ijtc-723	53	32	|	|	NOUN
ijtc-723	53	33	ilomata	ilomata	ADJ
ijtc-723	53	34	international	international	ADJ
ijtc-723	53	35	journal	journal	NOUN
ijtc-723	53	36	of	of	ADP
ijtc-723	53	37	tax	tax	PROPN
ijtc-723	53	38	&	&	CCONJ
ijtc-723	53	39	accounting	accounting	PROPN
ijtc-723	53	40	https://www.ilomata.org/index.php/ijtc	https://www.ilomata.org/index.php/ijtc	PROPN
ijtc-723	53	41	of	of	ADP
ijtc-723	53	42	a	a	DET
ijtc-723	53	43	defaulted	defaulted	ADJ
ijtc-723	53	44	exposure	exposure	NOUN
ijtc-723	53	45	that	that	SCONJ
ijtc-723	53	46	the	the	DET
ijtc-723	53	47	lending	lending	NOUN
ijtc-723	53	48	bank	bank	NOUN
ijtc-723	53	49	expects	expect	VERB
ijtc-723	53	50	not	not	PART
ijtc-723	53	51	to	to	PART
ijtc-723	53	52	recover	recover	VERB
ijtc-723	53	53	.	.	PUNCT
ijtc-723	54	1	this	this	PRON
ijtc-723	54	2	means	mean	VERB
ijtc-723	54	3	that	that	SCONJ
ijtc-723	54	4	the	the	DET
ijtc-723	54	5	lending	lending	NOUN
ijtc-723	54	6	bank	bank	NOUN
ijtc-723	54	7	expects	expect	VERB
ijtc-723	54	8	to	to	PART
ijtc-723	54	9	recover	recover	VERB
ijtc-723	54	10	(	(	PUNCT
ijtc-723	54	11	1	1	NUM
ijtc-723	54	12	lgd	lgd	NOUN
ijtc-723	54	13	)	)	PUNCT
ijtc-723	54	14	percent	percent	NOUN
ijtc-723	54	15	of	of	ADP
ijtc-723	54	16	the	the	DET
ijtc-723	54	17	defaulted	default	VERB
ijtc-723	54	18	exposure	exposure	NOUN
ijtc-723	54	19	.	.	PUNCT
ijtc-723	55	1	(	(	PUNCT
ijtc-723	55	2	bushman	bushman	PROPN
ijtc-723	55	3	&	&	CCONJ
ijtc-723	55	4	williams	williams	PROPN
ijtc-723	55	5	,	,	PUNCT
ijtc-723	55	6	2012	2012	NUM
ijtc-723	55	7	)	)	PUNCT
ijtc-723	55	8	investigated	investigate	VERB
ijtc-723	55	9	discretionary	discretionary	ADJ
ijtc-723	55	10	lending	lending	NOUN
ijtc-723	55	11	practices	practice	NOUN
ijtc-723	55	12	in	in	ADP
ijtc-723	55	13	banks	bank	NOUN
ijtc-723	55	14	in	in	ADP
ijtc-723	55	15	27	27	NUM
ijtc-723	55	16	countries	country	NOUN
ijtc-723	55	17	,	,	PUNCT
ijtc-723	55	18	concluding	conclude	VERB
ijtc-723	55	19	that	that	SCONJ
ijtc-723	55	20	forward	forward	ADV
ijtc-723	55	21	-	-	PUNCT
ijtc-723	55	22	looking	look	VERB
ijtc-723	55	23	provisions	provision	NOUN
ijtc-723	55	24	designed	design	VERB
ijtc-723	55	25	to	to	PART
ijtc-723	55	26	smooth	smooth	VERB
ijtc-723	55	27	profits	profit	NOUN
ijtc-723	55	28	reduce	reduce	VERB
ijtc-723	55	29	risk	risk	NOUN
ijtc-723	55	30	-	-	PUNCT
ijtc-723	55	31	taking	take	VERB
ijtc-723	55	32	discipline	discipline	NOUN
ijtc-723	55	33	,	,	PUNCT
ijtc-723	55	34	consistent	consistent	ADJ
ijtc-723	55	35	with	with	ADP
ijtc-723	55	36	decreased	decrease	VERB
ijtc-723	55	37	transparency	transparency	NOUN
ijtc-723	55	38	that	that	PRON
ijtc-723	55	39	inhibits	inhibit	VERB
ijtc-723	55	40	external	external	ADJ
ijtc-723	55	41	control	control	NOUN
ijtc-723	55	42	.	.	PUNCT
ijtc-723	56	1	conversely	conversely	ADV
ijtc-723	56	2	,	,	PUNCT
ijtc-723	56	3	forward	forward	ADV
ijtc-723	56	4	-	-	PUNCT
ijtc-723	56	5	looking	look	VERB
ijtc-723	56	6	provisions	provision	NOUN
ijtc-723	56	7	reflecting	reflect	VERB
ijtc-723	56	8	timely	timely	ADJ
ijtc-723	56	9	recognition	recognition	NOUN
ijtc-723	56	10	of	of	ADP
ijtc-723	56	11	expected	expect	VERB
ijtc-723	56	12	future	future	ADJ
ijtc-723	56	13	credit	credit	NOUN
ijtc-723	56	14	losses	loss	NOUN
ijtc-723	56	15	(	(	PUNCT
ijtc-723	56	16	ecls	ecls	NOUN
ijtc-723	56	17	)	)	PUNCT
ijtc-723	56	18	are	be	AUX
ijtc-723	56	19	associated	associate	VERB
ijtc-723	56	20	with	with	ADP
ijtc-723	56	21	greater	great	ADJ
ijtc-723	56	22	discipline	discipline	NOUN
ijtc-723	56	23	on	on	ADP
ijtc-723	56	24	risk	risk	NOUN
ijtc-723	56	25	-	-	PUNCT
ijtc-723	56	26	taking	taking	NOUN
ijtc-723	56	27	.	.	PUNCT
ijtc-723	57	1	(	(	PUNCT
ijtc-723	57	2	novotny	novotny	NOUN
ijtc-723	57	3	-	-	PUNCT
ijtc-723	57	4	farkas	farkas	PROPN
ijtc-723	57	5	,	,	PUNCT
ijtc-723	57	6	2016	2016	NUM
ijtc-723	57	7	)	)	PUNCT
ijtc-723	57	8	,	,	PUNCT
ijtc-723	57	9	concludes	conclude	VERB
ijtc-723	57	10	that	that	SCONJ
ijtc-723	57	11	the	the	DET
ijtc-723	57	12	expected	expect	VERB
ijtc-723	57	13	credit	credit	NOUN
ijtc-723	57	14	loss	loss	NOUN
ijtc-723	57	15	(	(	PUNCT
ijtc-723	57	16	ecl	ecl	PROPN
ijtc-723	57	17	)	)	PUNCT
ijtc-723	57	18	model	model	NOUN
ijtc-723	57	19	incorporates	incorporate	VERB
ijtc-723	57	20	a	a	DET
ijtc-723	57	21	significantly	significantly	ADV
ijtc-723	57	22	larger	large	ADJ
ijtc-723	57	23	set	set	NOUN
ijtc-723	57	24	of	of	ADP
ijtc-723	57	25	relevant	relevant	ADJ
ijtc-723	57	26	information	information	NOUN
ijtc-723	57	27	to	to	PART
ijtc-723	57	28	identify	identify	VERB
ijtc-723	57	29	future	future	ADJ
ijtc-723	57	30	credit	credit	NOUN
ijtc-723	57	31	losses	loss	NOUN
ijtc-723	57	32	and	and	CCONJ
ijtc-723	57	33	leads	lead	VERB
ijtc-723	57	34	to	to	ADP
ijtc-723	57	35	earlier	early	ADJ
ijtc-723	57	36	recognition	recognition	NOUN
ijtc-723	57	37	of	of	ADP
ijtc-723	57	38	these	these	PRON
ijtc-723	57	39	.	.	PUNCT
ijtc-723	58	1	consequently	consequently	ADV
ijtc-723	58	2	,	,	PUNCT
ijtc-723	58	3	it	it	PRON
ijtc-723	58	4	will	will	AUX
ijtc-723	58	5	require	require	VERB
ijtc-723	58	6	higher	high	ADJ
ijtc-723	58	7	loan	loan	NOUN
ijtc-723	58	8	loss	loss	NOUN
ijtc-723	58	9	provisions	provision	NOUN
ijtc-723	58	10	,	,	PUNCT
ijtc-723	58	11	which	which	PRON
ijtc-723	58	12	will	will	AUX
ijtc-723	58	13	reduce	reduce	VERB
ijtc-723	58	14	the	the	DET
ijtc-723	58	15	accumulation	accumulation	NOUN
ijtc-723	58	16	of	of	ADP
ijtc-723	58	17	excess	excess	ADJ
ijtc-723	58	18	losses	loss	NOUN
ijtc-723	58	19	and	and	CCONJ
ijtc-723	58	20	the	the	DET
ijtc-723	58	21	overestimation	overestimation	NOUN
ijtc-723	58	22	of	of	ADP
ijtc-723	58	23	regulatory	regulatory	ADJ
ijtc-723	58	24	capital	capital	NOUN
ijtc-723	58	25	in	in	ADP
ijtc-723	58	26	boom	boom	NOUN
ijtc-723	58	27	periods	period	NOUN
ijtc-723	58	28	.	.	PUNCT
ijtc-723	59	1	(	(	PUNCT
ijtc-723	59	2	chawla	chawla	PROPN
ijtc-723	59	3	,	,	PUNCT
ijtc-723	59	4	2016	2016	NUM
ijtc-723	59	5	)	)	PUNCT
ijtc-723	59	6	mentioned	mention	VERB
ijtc-723	59	7	that	that	SCONJ
ijtc-723	59	8	unlike	unlike	ADP
ijtc-723	59	9	basel	basel	PROPN
ijtc-723	59	10	ii	ii	PROPN
ijtc-723	59	11	rules	rule	NOUN
ijtc-723	59	12	,	,	PUNCT
ijtc-723	59	13	which	which	PRON
ijtc-723	59	14	require	require	VERB
ijtc-723	59	15	the	the	DET
ijtc-723	59	16	use	use	NOUN
ijtc-723	59	17	of	of	ADP
ijtc-723	59	18	through	through	ADP
ijtc-723	59	19	-	-	PUNCT
ijtc-723	59	20	the	the	DET
ijtc-723	59	21	-	-	PUNCT
ijtc-723	59	22	cycle	cycle	NOUN
ijtc-723	59	23	probabilities	probability	NOUN
ijtc-723	59	24	of	of	ADP
ijtc-723	59	25	default	default	NOUN
ijtc-723	59	26	(	(	PUNCT
ijtc-723	59	27	pd	pd	NOUN
ijtc-723	59	28	)	)	PUNCT
ijtc-723	59	29	and	and	CCONJ
ijtc-723	59	30	loss	loss	NOUN
ijtc-723	59	31	given	give	VERB
ijtc-723	59	32	default	default	NOUN
ijtc-723	59	33	(	(	PUNCT
ijtc-723	59	34	lgd	lgd	NOUN
ijtc-723	59	35	)	)	PUNCT
ijtc-723	59	36	rates	rate	NOUN
ijtc-723	59	37	and	and	CCONJ
ijtc-723	59	38	recession	recession	NOUN
ijtc-723	59	39	default	default	NOUN
ijtc-723	59	40	exposures	exposure	NOUN
ijtc-723	59	41	(	(	PUNCT
ijtc-723	59	42	ead	ead	NOUN
ijtc-723	59	43	)	)	PUNCT
ijtc-723	59	44	,	,	PUNCT
ijtc-723	59	45	ifrs	ifrs	NOUN
ijtc-723	59	46	9	9	NUM
ijtc-723	59	47	and	and	CCONJ
ijtc-723	59	48	the	the	DET
ijtc-723	59	49	proposed	propose	VERB
ijtc-723	59	50	current	current	ADJ
ijtc-723	59	51	expected	expect	VERB
ijtc-723	59	52	credit	credit	NOUN
ijtc-723	59	53	loss	loss	NOUN
ijtc-723	59	54	accounting	accounting	NOUN
ijtc-723	59	55	standards	standard	NOUN
ijtc-723	59	56	require	require	VERB
ijtc-723	59	57	institutions	institution	NOUN
ijtc-723	59	58	to	to	PART
ijtc-723	59	59	use	use	VERB
ijtc-723	59	60	point	point	NOUN
ijtc-723	59	61	-	-	PUNCT
ijtc-723	59	62	in	in	ADP
ijtc-723	59	63	-	-	PUNCT
ijtc-723	59	64	time	time	NOUN
ijtc-723	59	65	projections	projection	NOUN
ijtc-723	59	66	of	of	ADP
ijtc-723	59	67	pd	pd	PROPN
ijtc-723	59	68	,	,	PUNCT
ijtc-723	59	69	lgd	lgd	PROPN
ijtc-723	59	70	and	and	CCONJ
ijtc-723	59	71	ead	ead	PROPN
ijtc-723	59	72	.	.	PUNCT
ijtc-723	60	1	by	by	ADP
ijtc-723	60	2	taking	take	VERB
ijtc-723	60	3	into	into	ADP
ijtc-723	60	4	account	account	NOUN
ijtc-723	60	5	the	the	DET
ijtc-723	60	6	current	current	ADJ
ijtc-723	60	7	state	state	NOUN
ijtc-723	60	8	of	of	ADP
ijtc-723	60	9	the	the	DET
ijtc-723	60	10	credit	credit	NOUN
ijtc-723	60	11	cycle	cycle	NOUN
ijtc-723	60	12	,	,	PUNCT
ijtc-723	60	13	these	these	DET
ijtc-723	60	14	projections	projection	NOUN
ijtc-723	60	15	closely	closely	ADV
ijtc-723	60	16	track	track	VERB
ijtc-723	60	17	changes	change	NOUN
ijtc-723	60	18	in	in	ADP
ijtc-723	60	19	default	default	NOUN
ijtc-723	60	20	and	and	CCONJ
ijtc-723	60	21	loss	loss	NOUN
ijtc-723	60	22	rates	rate	NOUN
ijtc-723	60	23	over	over	ADP
ijtc-723	60	24	time	time	NOUN
ijtc-723	60	25	.	.	PUNCT
ijtc-723	61	1	(	(	PUNCT
ijtc-723	61	2	vaněk	vaněk	PROPN
ijtc-723	61	3	&	&	CCONJ
ijtc-723	61	4	hampel	hampel	PROPN
ijtc-723	61	5	,	,	PUNCT
ijtc-723	61	6	2017	2017	NUM
ijtc-723	61	7	)	)	PUNCT
ijtc-723	61	8	,	,	PUNCT
ijtc-723	61	9	proposed	propose	VERB
ijtc-723	61	10	for	for	ADP
ijtc-723	61	11	the	the	DET
ijtc-723	61	12	case	case	NOUN
ijtc-723	61	13	of	of	ADP
ijtc-723	61	14	the	the	DET
ijtc-723	61	15	czech	czech	PROPN
ijtc-723	61	16	republic	republic	NOUN
ijtc-723	61	17	,	,	PUNCT
ijtc-723	61	18	the	the	DET
ijtc-723	61	19	calculation	calculation	NOUN
ijtc-723	61	20	of	of	ADP
ijtc-723	61	21	the	the	DET
ijtc-723	61	22	probability	probability	NOUN
ijtc-723	61	23	of	of	ADP
ijtc-723	61	24	default	default	NOUN
ijtc-723	61	25	(	(	PUNCT
ijtc-723	61	26	pd	pd	NOUN
ijtc-723	61	27	)	)	PUNCT
ijtc-723	61	28	using	use	VERB
ijtc-723	61	29	the	the	DET
ijtc-723	61	30	markov	markov	NOUN
ijtc-723	61	31	model	model	NOUN
ijtc-723	61	32	,	,	PUNCT
ijtc-723	61	33	and	and	CCONJ
ijtc-723	61	34	the	the	DET
ijtc-723	61	35	official	official	ADJ
ijtc-723	61	36	macroeconomic	macroeconomic	ADJ
ijtc-723	61	37	data	datum	NOUN
ijtc-723	61	38	taken	take	VERB
ijtc-723	61	39	from	from	ADP
ijtc-723	61	40	the	the	DET
ijtc-723	61	41	national	national	PROPN
ijtc-723	61	42	bank	bank	NOUN
ijtc-723	61	43	,	,	PUNCT
ijtc-723	61	44	thus	thus	ADV
ijtc-723	61	45	adjusting	adjust	VERB
ijtc-723	61	46	to	to	ADP
ijtc-723	61	47	the	the	DET
ijtc-723	61	48	requirements	requirement	NOUN
ijtc-723	61	49	of	of	ADP
ijtc-723	61	50	ifrs	ifrs	PROPN
ijtc-723	61	51	9	9	NUM
ijtc-723	61	52	to	to	PART
ijtc-723	61	53	determine	determine	VERB
ijtc-723	61	54	the	the	DET
ijtc-723	61	55	calculation	calculation	NOUN
ijtc-723	61	56	of	of	ADP
ijtc-723	61	57	expected	expect	VERB
ijtc-723	61	58	credit	credit	NOUN
ijtc-723	61	59	losses	loss	NOUN
ijtc-723	61	60	(	(	PUNCT
ijtc-723	61	61	ecl	ecl	NOUN
ijtc-723	61	62	)	)	PUNCT
ijtc-723	61	63	over	over	ADP
ijtc-723	61	64	the	the	DET
ijtc-723	61	65	life	life	NOUN
ijtc-723	61	66	of	of	ADP
ijtc-723	61	67	the	the	DET
ijtc-723	61	68	financial	financial	ADJ
ijtc-723	61	69	instrument	instrument	NOUN
ijtc-723	61	70	.	.	PUNCT
ijtc-723	62	1	(	(	PUNCT
ijtc-723	62	2	cohen	cohen	PROPN
ijtc-723	62	3	.	.	PUNCT
ijtc-723	63	1	bedwards	bedward	NOUN
ijtc-723	63	2	,	,	PUNCT
ijtc-723	63	3	2017	2017	NUM
ijtc-723	63	4	)	)	PUNCT
ijtc-723	63	5	in	in	ADP
ijtc-723	63	6	their	their	PRON
ijtc-723	63	7	post	post	ADJ
ijtc-723	63	8	-	-	ADJ
ijtc-723	63	9	financial	financial	ADJ
ijtc-723	63	10	crisis	crisis	NOUN
ijtc-723	63	11	study	study	NOUN
ijtc-723	63	12	(	(	PUNCT
ijtc-723	63	13	2007	2007	NUM
ijtc-723	63	14	-	-	SYM
ijtc-723	63	15	2009	2009	NUM
ijtc-723	63	16	)	)	PUNCT
ijtc-723	63	17	mentioned	mention	VERB
ijtc-723	63	18	that	that	SCONJ
ijtc-723	63	19	accounting	accounting	NOUN
ijtc-723	63	20	standards	standard	NOUN
ijtc-723	63	21	bodies	body	NOUN
ijtc-723	63	22	have	have	AUX
ijtc-723	63	23	required	require	VERB
ijtc-723	63	24	banks	bank	NOUN
ijtc-723	63	25	and	and	CCONJ
ijtc-723	63	26	other	other	ADJ
ijtc-723	63	27	companies	company	NOUN
ijtc-723	63	28	to	to	AUX
ijtc-723	63	29	provision	provision	VERB
ijtc-723	63	30	against	against	ADP
ijtc-723	63	31	loans	loan	NOUN
ijtc-723	63	32	based	base	VERB
ijtc-723	63	33	on	on	ADP
ijtc-723	63	34	expected	expect	VERB
ijtc-723	63	35	credit	credit	NOUN
ijtc-723	63	36	losses	loss	NOUN
ijtc-723	63	37	(	(	PUNCT
ijtc-723	63	38	ecls	ecls	NOUN
ijtc-723	63	39	)	)	PUNCT
ijtc-723	63	40	and	and	CCONJ
ijtc-723	63	41	determined	determine	VERB
ijtc-723	63	42	that	that	SCONJ
ijtc-723	63	43	in	in	ADP
ijtc-723	63	44	the	the	DET
ijtc-723	63	45	short	short	ADJ
ijtc-723	63	46	term	term	NOUN
ijtc-723	63	47	these	these	DET
ijtc-723	63	48	provisions	provision	NOUN
ijtc-723	63	49	may	may	AUX
ijtc-723	63	50	increase	increase	VERB
ijtc-723	63	51	,	,	PUNCT
ijtc-723	63	52	but	but	CCONJ
ijtc-723	63	53	the	the	DET
ijtc-723	63	54	impact	impact	NOUN
ijtc-723	63	55	on	on	ADP
ijtc-723	63	56	regulatory	regulatory	ADJ
ijtc-723	63	57	capital	capital	NOUN
ijtc-723	63	58	is	be	AUX
ijtc-723	63	59	expected	expect	VERB
ijtc-723	63	60	to	to	PART
ijtc-723	63	61	be	be	AUX
ijtc-723	63	62	limited	limit	VERB
ijtc-723	63	63	.	.	PUNCT
ijtc-723	64	1	(	(	PUNCT
ijtc-723	64	2	habachi	habachi	PROPN
ijtc-723	64	3	&	&	CCONJ
ijtc-723	64	4	el	el	PROPN
ijtc-723	64	5	haddad	haddad	PROPN
ijtc-723	64	6	,	,	PUNCT
ijtc-723	64	7	2018	2018	NUM
ijtc-723	64	8	)	)	PUNCT
ijtc-723	64	9	,	,	PUNCT
ijtc-723	64	10	outlined	outline	VERB
ijtc-723	64	11	that	that	SCONJ
ijtc-723	64	12	the	the	DET
ijtc-723	64	13	probability	probability	NOUN
ijtc-723	64	14	of	of	ADP
ijtc-723	64	15	default	default	NOUN
ijtc-723	64	16	(	(	PUNCT
ijtc-723	64	17	pd	pd	NOUN
ijtc-723	64	18	)	)	PUNCT
ijtc-723	64	19	depends	depend	VERB
ijtc-723	64	20	on	on	ADP
ijtc-723	64	21	the	the	DET
ijtc-723	64	22	model	model	NOUN
ijtc-723	64	23	used	use	VERB
ijtc-723	64	24	for	for	ADP
ijtc-723	64	25	the	the	DET
ijtc-723	64	26	design	design	NOUN
ijtc-723	64	27	of	of	ADP
ijtc-723	64	28	the	the	DET
ijtc-723	64	29	internal	internal	ADJ
ijtc-723	64	30	rating	rating	NOUN
ijtc-723	64	31	system	system	NOUN
ijtc-723	64	32	.	.	PUNCT
ijtc-723	65	1	for	for	ADP
ijtc-723	65	2	this	this	DET
ijtc-723	65	3	purpose	purpose	NOUN
ijtc-723	65	4	,	,	PUNCT
ijtc-723	65	5	they	they	PRON
ijtc-723	65	6	investigated	investigate	VERB
ijtc-723	65	7	the	the	DET
ijtc-723	65	8	impact	impact	NOUN
ijtc-723	65	9	of	of	ADP
ijtc-723	65	10	model	model	NOUN
ijtc-723	65	11	choice	choice	NOUN
ijtc-723	65	12	on	on	ADP
ijtc-723	65	13	expected	expect	VERB
ijtc-723	65	14	credit	credit	NOUN
ijtc-723	65	15	loss	loss	NOUN
ijtc-723	65	16	(	(	PUNCT
ijtc-723	65	17	ecl	ecl	NOUN
ijtc-723	65	18	)	)	PUNCT
ijtc-723	65	19	by	by	ADP
ijtc-723	65	20	calculating	calculate	VERB
ijtc-723	65	21	the	the	DET
ijtc-723	65	22	probability	probability	NOUN
ijtc-723	65	23	of	of	ADP
ijtc-723	65	24	default	default	NOUN
ijtc-723	65	25	(	(	PUNCT
ijtc-723	65	26	pd	pd	NOUN
ijtc-723	65	27	)	)	PUNCT
ijtc-723	65	28	for	for	ADP
ijtc-723	65	29	various	various	ADJ
ijtc-723	65	30	types	type	NOUN
ijtc-723	65	31	of	of	ADP
ijtc-723	65	32	models	model	NOUN
ijtc-723	65	33	based	base	VERB
ijtc-723	65	34	on	on	ADP
ijtc-723	65	35	logistic	logistic	ADJ
ijtc-723	65	36	regression	regression	NOUN
ijtc-723	65	37	and	and	CCONJ
ijtc-723	65	38	principal	principal	ADJ
ijtc-723	65	39	component	component	NOUN
ijtc-723	65	40	analysis	analysis	NOUN
ijtc-723	65	41	in	in	ADP
ijtc-723	65	42	morocco	morocco	PROPN
ijtc-723	65	43	.	.	PUNCT
ijtc-723	66	1	(	(	PUNCT
ijtc-723	66	2	delgado	delgado	NOUN
ijtc-723	66	3	-	-	PUNCT
ijtc-723	66	4	vaquero	vaquero	NOUN
ijtc-723	66	5	&	&	CCONJ
ijtc-723	66	6	morales	morale	NOUN
ijtc-723	66	7	-	-	PUNCT
ijtc-723	66	8	díaz	díaz	NOUN
ijtc-723	66	9	,	,	PUNCT
ijtc-723	66	10	2018	2018	NUM
ijtc-723	66	11	)	)	PUNCT
ijtc-723	66	12	proposed	propose	VERB
ijtc-723	66	13	the	the	DET
ijtc-723	66	14	financial	financial	ADJ
ijtc-723	66	15	ratio	ratio	NOUN
ijtc-723	66	16	scoring	scoring	NOUN
ijtc-723	66	17	model	model	NOUN
ijtc-723	66	18	and	and	CCONJ
ijtc-723	66	19	the	the	DET
ijtc-723	66	20	merton	merton	ADJ
ijtc-723	66	21	kmv	kmv	PROPN
ijtc-723	66	22	structural	structural	ADJ
ijtc-723	66	23	model	model	NOUN
ijtc-723	66	24	,	,	PUNCT
ijtc-723	66	25	to	to	PART
ijtc-723	66	26	estimate	estimate	VERB
ijtc-723	66	27	credit	credit	NOUN
ijtc-723	66	28	quality	quality	NOUN
ijtc-723	66	29	and	and	CCONJ
ijtc-723	66	30	obtain	obtain	VERB
ijtc-723	66	31	the	the	DET
ijtc-723	66	32	corresponding	corresponding	ADJ
ijtc-723	66	33	probability	probability	NOUN
ijtc-723	66	34	of	of	ADP
ijtc-723	66	35	default	default	NOUN
ijtc-723	66	36	(	(	PUNCT
ijtc-723	66	37	pd	pd	NOUN
ijtc-723	66	38	)	)	PUNCT
ijtc-723	66	39	,	,	PUNCT
ijtc-723	66	40	where	where	SCONJ
ijtc-723	66	41	information	information	NOUN
ijtc-723	66	42	was	be	AUX
ijtc-723	66	43	published	publish	VERB
ijtc-723	66	44	on	on	ADP
ijtc-723	66	45	the	the	DET
ijtc-723	66	46	client	client	NOUN
ijtc-723	66	47	(	(	PUNCT
ijtc-723	66	48	basically	basically	ADV
ijtc-723	66	49	information	information	NOUN
ijtc-723	66	50	from	from	ADP
ijtc-723	66	51	financial	financial	ADJ
ijtc-723	66	52	statements	statement	NOUN
ijtc-723	66	53	and	and	CCONJ
ijtc-723	66	54	other	other	ADJ
ijtc-723	66	55	market	market	NOUN
ijtc-723	66	56	inputs	input	NOUN
ijtc-723	66	57	)	)	PUNCT
ijtc-723	66	58	and	and	CCONJ
ijtc-723	66	59	comparable	comparable	ADJ
ijtc-723	66	60	companies	company	NOUN
ijtc-723	66	61	.	.	PUNCT
ijtc-723	67	1	(	(	PUNCT
ijtc-723	67	2	galárraga	galárraga	PROPN
ijtc-723	67	3	&	&	CCONJ
ijtc-723	67	4	lafferty	lafferty	PROPN
ijtc-723	67	5	,	,	PUNCT
ijtc-723	67	6	2018	2018	NUM
ijtc-723	67	7	)	)	PUNCT
ijtc-723	67	8	using	use	VERB
ijtc-723	67	9	a	a	DET
ijtc-723	67	10	statistical	statistical	ADJ
ijtc-723	67	11	-	-	PUNCT
ijtc-723	67	12	mathematical	mathematical	ADJ
ijtc-723	67	13	model	model	NOUN
ijtc-723	67	14	determined	determine	VERB
ijtc-723	67	15	the	the	DET
ijtc-723	67	16	probability	probability	NOUN
ijtc-723	67	17	of	of	ADP
ijtc-723	67	18	default	default	NOUN
ijtc-723	67	19	and	and	CCONJ
ijtc-723	67	20	a	a	DET
ijtc-723	67	21	reasonable	reasonable	ADJ
ijtc-723	67	22	allocation	allocation	NOUN
ijtc-723	67	23	for	for	ADP
ijtc-723	67	24	a	a	DET
ijtc-723	67	25	company	company	NOUN
ijtc-723	67	26	dedicated	dedicate	VERB
ijtc-723	67	27	to	to	ADP
ijtc-723	67	28	the	the	DET
ijtc-723	67	29	operation	operation	NOUN
ijtc-723	67	30	of	of	ADP
ijtc-723	67	31	shopping	shopping	NOUN
ijtc-723	67	32	centers	center	NOUN
ijtc-723	67	33	,	,	PUNCT
ijtc-723	67	34	which	which	PRON
ijtc-723	67	35	motivated	motivate	VERB
ijtc-723	67	36	management	management	NOUN
ijtc-723	67	37	to	to	PART
ijtc-723	67	38	change	change	VERB
ijtc-723	67	39	accounting	accounting	NOUN
ijtc-723	67	40	policies	policy	NOUN
ijtc-723	67	41	and	and	CCONJ
ijtc-723	67	42	its	its	PRON
ijtc-723	67	43	credit	credit	NOUN
ijtc-723	67	44	and	and	CCONJ
ijtc-723	67	45	collection	collection	NOUN
ijtc-723	67	46	processes	process	NOUN
ijtc-723	67	47	.	.	PUNCT
ijtc-723	68	1	https://www.ilomata.org/index.php/ijtc	https://www.ilomata.org/index.php/ijtc	ADJ
ijtc-723	68	2	application	application	NOUN
ijtc-723	68	3	of	of	ADP
ijtc-723	68	4	ifrs	ifrs	PROPN
ijtc-723	68	5	9	9	NUM
ijtc-723	68	6	financial	financial	ADJ
ijtc-723	68	7	instruments	instrument	NOUN
ijtc-723	68	8	and	and	CCONJ
ijtc-723	68	9	the	the	DET
ijtc-723	68	10	exposure	exposure	NOUN
ijtc-723	68	11	to	to	ADP
ijtc-723	68	12	credit	credit	NOUN
ijtc-723	68	13	risk	risk	NOUN
ijtc-723	68	14	(	(	PUNCT
ijtc-723	68	15	case	case	NOUN
ijtc-723	68	16	study	study	NOUN
ijtc-723	68	17	in	in	ADP
ijtc-723	68	18	ecuador	ecuador	PROPN
ijtc-723	68	19	)	)	PUNCT
ijtc-723	68	20	orellana	orellana	PROPN
ijtc-723	68	21	and	and	CCONJ
ijtc-723	68	22	rabanal	rabanal	VERB
ijtc-723	68	23	328	328	NUM
ijtc-723	68	24	|	|	ADV
ijtc-723	68	25	ilomata	ilomata	PROPN
ijtc-723	68	26	international	international	ADJ
ijtc-723	68	27	journal	journal	NOUN
ijtc-723	68	28	of	of	ADP
ijtc-723	68	29	tax	tax	PROPN
ijtc-723	68	30	&	&	CCONJ
ijtc-723	68	31	accounting	accounting	PROPN
ijtc-723	68	32	https://www.ilomata.org/index.php/ijtc	https://www.ilomata.org/index.php/ijtc	PROPN
ijtc-723	68	33	(	(	PUNCT
ijtc-723	68	34	costa	costa	PROPN
ijtc-723	68	35	et	et	PROPN
ijtc-723	68	36	al	al	PROPN
ijtc-723	68	37	.	.	PROPN
ijtc-723	68	38	,	,	PUNCT
ijtc-723	68	39	2020	2020	NUM
ijtc-723	68	40	)	)	PUNCT
ijtc-723	68	41	applied	apply	VERB
ijtc-723	68	42	a	a	DET
ijtc-723	68	43	logistic	logistic	ADJ
ijtc-723	68	44	regression	regression	NOUN
ijtc-723	68	45	model	model	NOUN
ijtc-723	68	46	to	to	PART
ijtc-723	68	47	predict	predict	VERB
ijtc-723	68	48	the	the	DET
ijtc-723	68	49	credit	credit	NOUN
ijtc-723	68	50	risk	risk	NOUN
ijtc-723	68	51	of	of	ADP
ijtc-723	68	52	default	default	NOUN
ijtc-723	68	53	in	in	ADP
ijtc-723	68	54	the	the	DET
ijtc-723	68	55	consumer	consumer	NOUN
ijtc-723	68	56	portfolio	portfolio	NOUN
ijtc-723	68	57	of	of	ADP
ijtc-723	68	58	a	a	DET
ijtc-723	68	59	bank	bank	NOUN
ijtc-723	68	60	in	in	ADP
ijtc-723	68	61	portugal	portugal	PROPN
ijtc-723	68	62	.	.	PUNCT
ijtc-723	69	1	according	accord	VERB
ijtc-723	69	2	to	to	ADP
ijtc-723	69	3	the	the	DET
ijtc-723	69	4	authors	author	NOUN
ijtc-723	69	5	,	,	PUNCT
ijtc-723	69	6	the	the	DET
ijtc-723	69	7	risk	risk	NOUN
ijtc-723	69	8	of	of	ADP
ijtc-723	69	9	default	default	NOUN
ijtc-723	69	10	increases	increase	NOUN
ijtc-723	69	11	with	with	ADP
ijtc-723	69	12	the	the	DET
ijtc-723	69	13	loan	loan	NOUN
ijtc-723	69	14	margin	margin	NOUN
ijtc-723	69	15	,	,	PUNCT
ijtc-723	69	16	the	the	DET
ijtc-723	69	17	term	term	NOUN
ijtc-723	69	18	of	of	ADP
ijtc-723	69	19	the	the	DET
ijtc-723	69	20	loan	loan	NOUN
ijtc-723	69	21	and	and	CCONJ
ijtc-723	69	22	the	the	DET
ijtc-723	69	23	age	age	NOUN
ijtc-723	69	24	of	of	ADP
ijtc-723	69	25	the	the	DET
ijtc-723	69	26	client	client	NOUN
ijtc-723	69	27	,	,	PUNCT
ijtc-723	69	28	but	but	CCONJ
ijtc-723	69	29	decreases	decrease	VERB
ijtc-723	69	30	if	if	SCONJ
ijtc-723	69	31	the	the	DET
ijtc-723	69	32	client	client	NOUN
ijtc-723	69	33	has	have	VERB
ijtc-723	69	34	more	more	ADJ
ijtc-723	69	35	credit	credit	NOUN
ijtc-723	69	36	cards	card	NOUN
ijtc-723	69	37	.	.	PUNCT
ijtc-723	70	1	(	(	PUNCT
ijtc-723	70	2	santos	santos	PROPN
ijtc-723	70	3	,	,	PUNCT
ijtc-723	70	4	2018	2018	NUM
ijtc-723	70	5	)	)	PUNCT
ijtc-723	70	6	proposes	propose	VERB
ijtc-723	70	7	a	a	DET
ijtc-723	70	8	real	real	ADJ
ijtc-723	70	9	approach	approach	NOUN
ijtc-723	70	10	to	to	PART
ijtc-723	70	11	model	model	VERB
ijtc-723	70	12	the	the	DET
ijtc-723	70	13	probability	probability	NOUN
ijtc-723	70	14	of	of	ADP
ijtc-723	70	15	default	default	NOUN
ijtc-723	70	16	in	in	ADP
ijtc-723	70	17	the	the	DET
ijtc-723	70	18	calculation	calculation	NOUN
ijtc-723	70	19	of	of	ADP
ijtc-723	70	20	expected	expect	VERB
ijtc-723	70	21	credit	credit	NOUN
ijtc-723	70	22	loss	loss	NOUN
ijtc-723	70	23	under	under	ADP
ijtc-723	70	24	ifrs	ifrs	NOUN
ijtc-723	70	25	9	9	NUM
ijtc-723	70	26	.	.	PUNCT
ijtc-723	71	1	according	accord	VERB
ijtc-723	71	2	to	to	ADP
ijtc-723	71	3	the	the	DET
ijtc-723	71	4	author	author	NOUN
ijtc-723	71	5	,	,	PUNCT
ijtc-723	71	6	financial	financial	ADJ
ijtc-723	71	7	institutions	institution	NOUN
ijtc-723	71	8	had	have	VERB
ijtc-723	71	9	to	to	PART
ijtc-723	71	10	adjust	adjust	VERB
ijtc-723	71	11	their	their	PRON
ijtc-723	71	12	models	model	NOUN
ijtc-723	71	13	to	to	PART
ijtc-723	71	14	comply	comply	VERB
ijtc-723	71	15	with	with	ADP
ijtc-723	71	16	this	this	DET
ijtc-723	71	17	standard	standard	NOUN
ijtc-723	71	18	.	.	PUNCT
ijtc-723	72	1	based	base	VERB
ijtc-723	72	2	on	on	ADP
ijtc-723	72	3	this	this	PRON
ijtc-723	72	4	,	,	PUNCT
ijtc-723	72	5	model	model	NOUN
ijtc-723	72	6	performance	performance	NOUN
ijtc-723	72	7	and	and	CCONJ
ijtc-723	72	8	calibration	calibration	NOUN
ijtc-723	72	9	were	be	AUX
ijtc-723	72	10	analyzed	analyze	VERB
ijtc-723	72	11	using	use	VERB
ijtc-723	72	12	pearson	pearson	PROPN
ijtc-723	72	13	's	's	PART
ijtc-723	72	14	correlation	correlation	NOUN
ijtc-723	72	15	,	,	PUNCT
ijtc-723	72	16	coefficient	coefficient	NOUN
ijtc-723	72	17	of	of	ADP
ijtc-723	72	18	determination	determination	NOUN
ijtc-723	72	19	and	and	CCONJ
ijtc-723	72	20	binomial	binomial	ADJ
ijtc-723	72	21	test	test	NOUN
ijtc-723	72	22	.	.	PUNCT
ijtc-723	73	1	the	the	DET
ijtc-723	73	2	results	result	NOUN
ijtc-723	73	3	suggest	suggest	VERB
ijtc-723	73	4	that	that	SCONJ
ijtc-723	73	5	this	this	DET
ijtc-723	73	6	approach	approach	NOUN
ijtc-723	73	7	estimates	estimate	VERB
ijtc-723	73	8	the	the	DET
ijtc-723	73	9	risk	risk	NOUN
ijtc-723	73	10	parameter	parameter	NOUN
ijtc-723	73	11	well	well	ADV
ijtc-723	73	12	,	,	PUNCT
ijtc-723	73	13	as	as	SCONJ
ijtc-723	73	14	the	the	DET
ijtc-723	73	15	coefficients	coefficient	NOUN
ijtc-723	73	16	are	be	AUX
ijtc-723	73	17	above	above	ADP
ijtc-723	73	18	the	the	DET
ijtc-723	73	19	0.7	0.7	NUM
ijtc-723	73	20	threshold	threshold	NOUN
ijtc-723	73	21	and	and	CCONJ
ijtc-723	73	22	the	the	DET
ijtc-723	73	23	percentage	percentage	NOUN
ijtc-723	73	24	of	of	ADP
ijtc-723	73	25	accepted	accept	VERB
ijtc-723	73	26	periods	period	NOUN
ijtc-723	73	27	is	be	AUX
ijtc-723	73	28	also	also	ADV
ijtc-723	73	29	above	above	ADP
ijtc-723	73	30	70	70	NUM
ijtc-723	73	31	%	%	NOUN
ijtc-723	73	32	.	.	PUNCT
ijtc-723	74	1	however	however	ADV
ijtc-723	74	2	,	,	PUNCT
ijtc-723	74	3	one	one	NUM
ijtc-723	74	4	of	of	ADP
ijtc-723	74	5	the	the	DET
ijtc-723	74	6	curves	curve	NOUN
ijtc-723	74	7	needs	need	VERB
ijtc-723	74	8	to	to	PART
ijtc-723	74	9	be	be	AUX
ijtc-723	74	10	adjusted	adjust	VERB
ijtc-723	74	11	,	,	PUNCT
ijtc-723	74	12	as	as	SCONJ
ijtc-723	74	13	it	it	PRON
ijtc-723	74	14	has	have	VERB
ijtc-723	74	15	a	a	DET
ijtc-723	74	16	coefficient	coefficient	NOUN
ijtc-723	74	17	of	of	ADP
ijtc-723	74	18	determination	determination	NOUN
ijtc-723	74	19	of	of	ADP
ijtc-723	74	20	0.45	0.45	NUM
ijtc-723	74	21	.	.	PUNCT
ijtc-723	75	1	(	(	PUNCT
ijtc-723	75	2	zizi	zizi	PROPN
ijtc-723	75	3	et	et	PROPN
ijtc-723	75	4	al	al	PROPN
ijtc-723	75	5	.	.	PROPN
ijtc-723	75	6	,	,	PUNCT
ijtc-723	75	7	2021	2021	NUM
ijtc-723	75	8	)	)	PUNCT
ijtc-723	75	9	concluded	conclude	VERB
ijtc-723	75	10	that	that	SCONJ
ijtc-723	75	11	logistic	logistic	ADJ
ijtc-723	75	12	regression	regression	NOUN
ijtc-723	75	13	models	model	NOUN
ijtc-723	75	14	obtained	obtain	VERB
ijtc-723	75	15	by	by	ADP
ijtc-723	75	16	step	step	NOUN
ijtc-723	75	17	selection	selection	NOUN
ijtc-723	75	18	outperform	outperform	VERB
ijtc-723	75	19	the	the	DET
ijtc-723	75	20	other	other	ADJ
ijtc-723	75	21	models	model	NOUN
ijtc-723	75	22	with	with	ADP
ijtc-723	75	23	an	an	DET
ijtc-723	75	24	overall	overall	ADJ
ijtc-723	75	25	accuracy	accuracy	NOUN
ijtc-723	75	26	of	of	ADP
ijtc-723	75	27	93	93	NUM
ijtc-723	75	28	%	%	NOUN
ijtc-723	75	29	two	two	NUM
ijtc-723	75	30	years	year	NOUN
ijtc-723	75	31	before	before	ADP
ijtc-723	75	32	financial	financial	ADJ
ijtc-723	75	33	distress	distress	NOUN
ijtc-723	75	34	and	and	CCONJ
ijtc-723	75	35	95	95	NUM
ijtc-723	75	36	%	%	NOUN
ijtc-723	75	37	one	one	NUM
ijtc-723	75	38	year	year	NOUN
ijtc-723	75	39	before	before	ADP
ijtc-723	75	40	the	the	DET
ijtc-723	75	41	current	current	ADJ
ijtc-723	75	42	context	context	NOUN
ijtc-723	75	43	.	.	PUNCT
ijtc-723	76	1	the	the	DET
ijtc-723	76	2	results	result	NOUN
ijtc-723	76	3	also	also	ADV
ijtc-723	76	4	show	show	VERB
ijtc-723	76	5	that	that	SCONJ
ijtc-723	76	6	the	the	DET
ijtc-723	76	7	models	model	NOUN
ijtc-723	76	8	rank	rank	VERB
ijtc-723	76	9	distressed	distressed	ADJ
ijtc-723	76	10	small	small	ADJ
ijtc-723	76	11	and	and	CCONJ
ijtc-723	76	12	medium	medium	ADJ
ijtc-723	76	13	-	-	PUNCT
ijtc-723	76	14	sized	sized	ADJ
ijtc-723	76	15	enterprises	enterprise	NOUN
ijtc-723	76	16	(	(	PUNCT
ijtc-723	76	17	smes	sme	NOUN
ijtc-723	76	18	)	)	PUNCT
ijtc-723	76	19	better	well	ADJ
ijtc-723	76	20	than	than	ADP
ijtc-723	76	21	healthy	healthy	ADJ
ijtc-723	76	22	smes	sme	NOUN
ijtc-723	76	23	with	with	ADP
ijtc-723	76	24	type	type	NOUN
ijtc-723	76	25	i	i	PRON
ijtc-723	76	26	errors	error	VERB
ijtc-723	76	27	lower	low	ADJ
ijtc-723	76	28	than	than	ADP
ijtc-723	76	29	type	type	NOUN
ijtc-723	76	30	ii	ii	NOUN
ijtc-723	76	31	errors	error	NOUN
ijtc-723	76	32	.	.	PUNCT
ijtc-723	77	1	(	(	PUNCT
ijtc-723	77	2	schutte	schutte	NOUN
ijtc-723	77	3	,	,	PUNCT
ijtc-723	77	4	2020	2020	NUM
ijtc-723	77	5	)	)	PUNCT
ijtc-723	77	6	develop	develop	VERB
ijtc-723	77	7	a	a	DET
ijtc-723	77	8	methodology	methodology	NOUN
ijtc-723	77	9	to	to	PART
ijtc-723	77	10	calculate	calculate	VERB
ijtc-723	77	11	the	the	DET
ijtc-723	77	12	expected	expect	VERB
ijtc-723	77	13	credit	credit	NOUN
ijtc-723	77	14	loss	loss	NOUN
ijtc-723	77	15	on	on	ADP
ijtc-723	77	16	the	the	DET
ijtc-723	77	17	portfolio	portfolio	NOUN
ijtc-723	77	18	of	of	ADP
ijtc-723	77	19	a	a	DET
ijtc-723	77	20	guaranteed	guarantee	VERB
ijtc-723	77	21	financial	financial	ADJ
ijtc-723	77	22	institution	institution	NOUN
ijtc-723	77	23	in	in	ADP
ijtc-723	77	24	an	an	DET
ijtc-723	77	25	emerging	emerge	VERB
ijtc-723	77	26	country	country	NOUN
ijtc-723	77	27	.	.	PUNCT
ijtc-723	78	1	first	first	ADV
ijtc-723	78	2	,	,	PUNCT
ijtc-723	78	3	the	the	DET
ijtc-723	78	4	marginal	marginal	ADJ
ijtc-723	78	5	probability	probability	NOUN
ijtc-723	78	6	of	of	ADP
ijtc-723	78	7	default	default	NOUN
ijtc-723	78	8	is	be	AUX
ijtc-723	78	9	determined	determine	VERB
ijtc-723	78	10	.	.	PUNCT
ijtc-723	79	1	second	second	ADJ
ijtc-723	79	2	,	,	PUNCT
ijtc-723	79	3	they	they	PRON
ijtc-723	79	4	proceed	proceed	VERB
ijtc-723	79	5	to	to	PART
ijtc-723	79	6	calculate	calculate	VERB
ijtc-723	79	7	the	the	DET
ijtc-723	79	8	marginal	marginal	ADJ
ijtc-723	79	9	recovery	recovery	NOUN
ijtc-723	79	10	rates	rate	NOUN
ijtc-723	79	11	and	and	CCONJ
ijtc-723	79	12	the	the	DET
ijtc-723	79	13	loss	loss	NOUN
ijtc-723	79	14	given	give	VERB
ijtc-723	79	15	the	the	DET
ijtc-723	79	16	resulting	result	VERB
ijtc-723	79	17	default	default	NOUN
ijtc-723	79	18	,	,	PUNCT
ijtc-723	79	19	and	and	CCONJ
ijtc-723	79	20	finally	finally	ADV
ijtc-723	79	21	the	the	DET
ijtc-723	79	22	portfolio	portfolio	NOUN
ijtc-723	79	23	exposure	exposure	NOUN
ijtc-723	79	24	.	.	PUNCT
ijtc-723	80	1	these	these	DET
ijtc-723	80	2	three	three	NUM
ijtc-723	80	3	components	component	NOUN
ijtc-723	80	4	are	be	AUX
ijtc-723	80	5	combined	combine	VERB
ijtc-723	80	6	to	to	PART
ijtc-723	80	7	calculate	calculate	VERB
ijtc-723	80	8	the	the	DET
ijtc-723	80	9	expected	expect	VERB
ijtc-723	80	10	credit	credit	NOUN
ijtc-723	80	11	loss	loss	NOUN
ijtc-723	80	12	empirically	empirically	ADV
ijtc-723	80	13	.	.	PUNCT
ijtc-723	81	1	according	accord	VERB
ijtc-723	81	2	to	to	ADP
ijtc-723	81	3	the	the	DET
ijtc-723	81	4	authors	author	NOUN
ijtc-723	81	5	,	,	PUNCT
ijtc-723	81	6	in	in	ADP
ijtc-723	81	7	markets	market	NOUN
ijtc-723	81	8	where	where	SCONJ
ijtc-723	81	9	more	more	ADJ
ijtc-723	81	10	sophisticated	sophisticated	ADJ
ijtc-723	81	11	models	model	NOUN
ijtc-723	81	12	are	be	AUX
ijtc-723	81	13	developed	develop	VERB
ijtc-723	81	14	,	,	PUNCT
ijtc-723	81	15	the	the	DET
ijtc-723	81	16	proposed	propose	VERB
ijtc-723	81	17	methodology	methodology	NOUN
ijtc-723	81	18	can	can	AUX
ijtc-723	81	19	be	be	AUX
ijtc-723	81	20	used	use	VERB
ijtc-723	81	21	in	in	ADP
ijtc-723	81	22	two	two	NUM
ijtc-723	81	23	scenarios	scenario	NOUN
ijtc-723	81	24	:	:	PUNCT
ijtc-723	81	25	either	either	CCONJ
ijtc-723	81	26	as	as	ADP
ijtc-723	81	27	a	a	DET
ijtc-723	81	28	benchmark	benchmark	NOUN
ijtc-723	81	29	to	to	PART
ijtc-723	81	30	compare	compare	VERB
ijtc-723	81	31	models	model	NOUN
ijtc-723	81	32	under	under	ADP
ijtc-723	81	33	recently	recently	ADV
ijtc-723	81	34	developed	develop	VERB
ijtc-723	81	35	ifrs	ifrs	NOUN
ijtc-723	81	36	9	9	NUM
ijtc-723	81	37	or	or	CCONJ
ijtc-723	81	38	in	in	ADP
ijtc-723	81	39	markets	market	NOUN
ijtc-723	81	40	where	where	SCONJ
ijtc-723	81	41	there	there	PRON
ijtc-723	81	42	are	be	VERB
ijtc-723	81	43	limited	limited	ADJ
ijtc-723	81	44	resources	resource	NOUN
ijtc-723	81	45	.	.	PUNCT
ijtc-723	82	1	(	(	PUNCT
ijtc-723	82	2	martinelli	martinelli	PROPN
ijtc-723	82	3	et	et	PROPN
ijtc-723	82	4	al	al	PROPN
ijtc-723	82	5	.	.	PROPN
ijtc-723	82	6	,	,	PUNCT
ijtc-723	82	7	2020	2020	NUM
ijtc-723	82	8	)	)	PUNCT
ijtc-723	82	9	show	show	NOUN
ijtc-723	82	10	in	in	ADP
ijtc-723	82	11	their	their	PRON
ijtc-723	82	12	research	research	NOUN
ijtc-723	82	13	that	that	SCONJ
ijtc-723	82	14	data	datum	NOUN
ijtc-723	82	15	mining	mining	NOUN
ijtc-723	82	16	techniques	technique	NOUN
ijtc-723	82	17	can	can	AUX
ijtc-723	82	18	significantly	significantly	ADV
ijtc-723	82	19	improve	improve	VERB
ijtc-723	82	20	the	the	DET
ijtc-723	82	21	risk	risk	NOUN
ijtc-723	82	22	assessment	assessment	NOUN
ijtc-723	82	23	approaches	approach	NOUN
ijtc-723	82	24	of	of	ADP
ijtc-723	82	25	financial	financial	ADJ
ijtc-723	82	26	institutions	institution	NOUN
ijtc-723	82	27	by	by	ADP
ijtc-723	82	28	providing	provide	VERB
ijtc-723	82	29	more	more	ADV
ijtc-723	82	30	accurate	accurate	ADJ
ijtc-723	82	31	information	information	NOUN
ijtc-723	82	32	on	on	ADP
ijtc-723	82	33	the	the	DET
ijtc-723	82	34	assessment	assessment	NOUN
ijtc-723	82	35	of	of	ADP
ijtc-723	82	36	credit	credit	NOUN
ijtc-723	82	37	quality	quality	NOUN
ijtc-723	82	38	deterioration	deterioration	NOUN
ijtc-723	82	39	before	before	SCONJ
ijtc-723	82	40	the	the	DET
ijtc-723	82	41	actual	actual	ADJ
ijtc-723	82	42	loss	loss	NOUN
ijtc-723	82	43	occurs	occur	VERB
ijtc-723	82	44	,	,	PUNCT
ijtc-723	82	45	without	without	ADP
ijtc-723	82	46	incurring	incur	VERB
ijtc-723	82	47	disproportionate	disproportionate	ADJ
ijtc-723	82	48	costs	cost	NOUN
ijtc-723	82	49	and	and	CCONJ
ijtc-723	82	50	efforts	effort	NOUN
ijtc-723	82	51	.	.	PUNCT
ijtc-723	83	1	according	accord	VERB
ijtc-723	83	2	to	to	ADP
ijtc-723	83	3	these	these	DET
ijtc-723	83	4	authors	author	NOUN
ijtc-723	83	5	,	,	PUNCT
ijtc-723	83	6	the	the	DET
ijtc-723	83	7	proposed	propose	VERB
ijtc-723	83	8	model	model	NOUN
ijtc-723	83	9	is	be	AUX
ijtc-723	83	10	useful	useful	ADJ
ijtc-723	83	11	especially	especially	ADV
ijtc-723	83	12	for	for	ADP
ijtc-723	83	13	measuring	measure	VERB
ijtc-723	83	14	the	the	DET
ijtc-723	83	15	12	12	NUM
ijtc-723	83	16	-	-	PUNCT
ijtc-723	83	17	month	month	NOUN
ijtc-723	83	18	probability	probability	NOUN
ijtc-723	83	19	of	of	ADP
ijtc-723	83	20	default	default	NOUN
ijtc-723	83	21	,	,	PUNCT
ijtc-723	83	22	and	and	CCONJ
ijtc-723	83	23	for	for	ADP
ijtc-723	83	24	assessing	assess	VERB
ijtc-723	83	25	the	the	DET
ijtc-723	83	26	potential	potential	ADJ
ijtc-723	83	27	shift	shift	NOUN
ijtc-723	83	28	of	of	ADP
ijtc-723	83	29	a	a	DET
ijtc-723	83	30	credit	credit	NOUN
ijtc-723	83	31	from	from	ADP
ijtc-723	83	32	stage	stage	NOUN
ijtc-723	83	33	1	1	NUM
ijtc-723	83	34	to	to	PART
ijtc-723	83	35	stage	stage	VERB
ijtc-723	83	36	2	2	NUM
ijtc-723	83	37	over	over	ADP
ijtc-723	83	38	the	the	DET
ijtc-723	83	39	entire	entire	ADJ
ijtc-723	83	40	term	term	NOUN
ijtc-723	83	41	of	of	ADP
ijtc-723	83	42	the	the	DET
ijtc-723	83	43	financial	financial	ADJ
ijtc-723	83	44	instrument	instrument	NOUN
ijtc-723	83	45	.	.	PUNCT
ijtc-723	84	1	(	(	PUNCT
ijtc-723	84	2	oberson	oberson	NOUN
ijtc-723	84	3	,	,	PUNCT
ijtc-723	84	4	2021	2021	NUM
ijtc-723	84	5	)	)	PUNCT
ijtc-723	84	6	in	in	ADP
ijtc-723	84	7	his	his	PRON
ijtc-723	84	8	study	study	NOUN
ijtc-723	84	9	conducted	conduct	VERB
ijtc-723	84	10	on	on	ADP
ijtc-723	84	11	a	a	DET
ijtc-723	84	12	sample	sample	NOUN
ijtc-723	84	13	of	of	ADP
ijtc-723	84	14	69	69	NUM
ijtc-723	84	15	banks	bank	NOUN
ijtc-723	84	16	from	from	ADP
ijtc-723	84	17	24	24	NUM
ijtc-723	84	18	countries	country	NOUN
ijtc-723	84	19	,	,	PUNCT
ijtc-723	84	20	within	within	ADP
ijtc-723	84	21	a	a	DET
ijtc-723	84	22	normal	normal	ADJ
ijtc-723	84	23	reference	reference	NOUN
ijtc-723	84	24	scenario	scenario	NOUN
ijtc-723	84	25	,	,	PUNCT
ijtc-723	84	26	describes	describe	VERB
ijtc-723	84	27	that	that	SCONJ
ijtc-723	84	28	the	the	DET
ijtc-723	84	29	novelty	novelty	NOUN
ijtc-723	84	30	in	in	ADP
ijtc-723	84	31	the	the	DET
ijtc-723	84	32	expected	expect	VERB
ijtc-723	84	33	credit	credit	NOUN
ijtc-723	84	34	loss	loss	NOUN
ijtc-723	84	35	(	(	PUNCT
ijtc-723	84	36	ecl	ecl	PROPN
ijtc-723	84	37	)	)	PUNCT
ijtc-723	84	38	model	model	NOUN
ijtc-723	84	39	is	be	AUX
ijtc-723	84	40	the	the	DET
ijtc-723	84	41	prospective	prospective	ADJ
ijtc-723	84	42	incorporation	incorporation	NOUN
ijtc-723	84	43	for	for	ADP
ijtc-723	84	44	the	the	DET
ijtc-723	84	45	recognition	recognition	NOUN
ijtc-723	84	46	of	of	ADP
ijtc-723	84	47	accounting	accounting	NOUN
ijtc-723	84	48	provisions	provision	NOUN
ijtc-723	84	49	on	on	ADP
ijtc-723	84	50	bad	bad	ADJ
ijtc-723	84	51	loans	loan	NOUN
ijtc-723	84	52	,	,	PUNCT
ijtc-723	84	53	which	which	PRON
ijtc-723	84	54	provides	provide	VERB
ijtc-723	84	55	a	a	DET
ijtc-723	84	56	wide	wide	ADJ
ijtc-723	84	57	margin	margin	NOUN
ijtc-723	84	58	for	for	ADP
ijtc-723	84	59	managerial	managerial	ADJ
ijtc-723	84	60	discretion	discretion	NOUN
ijtc-723	84	61	.	.	PUNCT
ijtc-723	85	1	regarding	regard	VERB
ijtc-723	85	2	(	(	PUNCT
ijtc-723	85	3	engelmann	engelmann	PROPN
ijtc-723	85	4	,	,	PUNCT
ijtc-723	85	5	2021	2021	NUM
ijtc-723	85	6	)	)	PUNCT
ijtc-723	85	7	assertion	assertion	NOUN
ijtc-723	85	8	that	that	SCONJ
ijtc-723	85	9	the	the	DET
ijtc-723	85	10	most	most	ADV
ijtc-723	85	11	widely	widely	ADV
ijtc-723	85	12	applied	apply	VERB
ijtc-723	85	13	formula	formula	NOUN
ijtc-723	85	14	in	in	ADP
ijtc-723	85	15	the	the	DET
ijtc-723	85	16	literature	literature	NOUN
ijtc-723	85	17	to	to	PART
ijtc-723	85	18	calculate	calculate	VERB
ijtc-723	85	19	ecl	ecl	PROPN
ijtc-723	85	20	is	be	AUX
ijtc-723	85	21	inconsistent	inconsistent	ADJ
ijtc-723	85	22	with	with	ADP
ijtc-723	85	23	the	the	DET
ijtc-723	85	24	measurement	measurement	NOUN
ijtc-723	85	25	of	of	ADP
ijtc-723	85	26	expected	expect	VERB
ijtc-723	85	27	loss	loss	NOUN
ijtc-723	85	28	based	base	VERB
ijtc-723	85	29	on	on	ADP
ijtc-723	85	30	expected	expect	VERB
ijtc-723	85	31	discounted	discount	VERB
ijtc-723	85	32	cash	cash	NOUN
ijtc-723	85	33	flows	flow	NOUN
ijtc-723	85	34	,	,	PUNCT
ijtc-723	85	35	it	it	PRON
ijtc-723	85	36	would	would	AUX
ijtc-723	85	37	be	be	AUX
ijtc-723	85	38	necessary	necessary	ADJ
ijtc-723	85	39	to	to	PART
ijtc-723	85	40	review	review	VERB
ijtc-723	85	41	the	the	DET
ijtc-723	85	42	specific	specific	ADJ
ijtc-723	85	43	formula	formula	NOUN
ijtc-723	85	44	and	and	CCONJ
ijtc-723	85	45	context	context	NOUN
ijtc-723	85	46	to	to	PART
ijtc-723	85	47	provide	provide	VERB
ijtc-723	85	48	a	a	DET
ijtc-723	85	49	more	more	ADV
ijtc-723	85	50	definitive	definitive	ADJ
ijtc-723	85	51	response	response	NOUN
ijtc-723	85	52	.	.	PUNCT
ijtc-723	86	1	however	however	ADV
ijtc-723	86	2	,	,	PUNCT
ijtc-723	86	3	it	it	PRON
ijtc-723	86	4	's	be	AUX
ijtc-723	86	5	worth	worth	ADJ
ijtc-723	86	6	noting	note	VERB
ijtc-723	86	7	that	that	SCONJ
ijtc-723	86	8	financial	financial	ADJ
ijtc-723	86	9	reporting	reporting	NOUN
ijtc-723	86	10	standards	standard	NOUN
ijtc-723	86	11	such	such	ADJ
ijtc-723	86	12	as	as	ADP
ijtc-723	86	13	ifrs	ifrs	PROPN
ijtc-723	86	14	9	9	NUM
ijtc-723	86	15	https://www.ilomata.org/index.php/ijtc	https://www.ilomata.org/index.php/ijtc	ADJ
ijtc-723	86	16	application	application	NOUN
ijtc-723	86	17	of	of	ADP
ijtc-723	86	18	ifrs	ifrs	PROPN
ijtc-723	86	19	9	9	NUM
ijtc-723	86	20	financial	financial	ADJ
ijtc-723	86	21	instruments	instrument	NOUN
ijtc-723	86	22	and	and	CCONJ
ijtc-723	86	23	the	the	DET
ijtc-723	86	24	exposure	exposure	NOUN
ijtc-723	86	25	to	to	ADP
ijtc-723	86	26	credit	credit	NOUN
ijtc-723	86	27	risk	risk	NOUN
ijtc-723	86	28	(	(	PUNCT
ijtc-723	86	29	case	case	NOUN
ijtc-723	86	30	study	study	NOUN
ijtc-723	86	31	in	in	ADP
ijtc-723	86	32	ecuador	ecuador	PROPN
ijtc-723	86	33	)	)	PUNCT
ijtc-723	86	34	orellana	orellana	PROPN
ijtc-723	86	35	and	and	CCONJ
ijtc-723	86	36	rabanal	rabanal	VERB
ijtc-723	86	37	329	329	NUM
ijtc-723	86	38	|	|	NOUN
ijtc-723	86	39	ilomata	ilomata	PROPN
ijtc-723	86	40	international	international	ADJ
ijtc-723	86	41	journal	journal	NOUN
ijtc-723	86	42	of	of	ADP
ijtc-723	86	43	tax	tax	PROPN
ijtc-723	86	44	&	&	CCONJ
ijtc-723	86	45	accounting	accounting	PROPN
ijtc-723	86	46	https://www.ilomata.org/index.php/ijtc	https://www.ilomata.org/index.php/ijtc	PROPN
ijtc-723	86	47	provide	provide	VERB
ijtc-723	86	48	guidance	guidance	NOUN
ijtc-723	86	49	on	on	ADP
ijtc-723	86	50	how	how	SCONJ
ijtc-723	86	51	to	to	PART
ijtc-723	86	52	calculate	calculate	VERB
ijtc-723	86	53	ecl	ecl	NOUN
ijtc-723	86	54	using	use	VERB
ijtc-723	86	55	a	a	DET
ijtc-723	86	56	range	range	NOUN
ijtc-723	86	57	of	of	ADP
ijtc-723	86	58	methodologies	methodology	NOUN
ijtc-723	86	59	,	,	PUNCT
ijtc-723	86	60	including	include	VERB
ijtc-723	86	61	discounted	discount	VERB
ijtc-723	86	62	cash	cash	NOUN
ijtc-723	86	63	flow	flow	NOUN
ijtc-723	86	64	approaches	approach	NOUN
ijtc-723	86	65	.	.	PUNCT
ijtc-723	87	1	the	the	DET
ijtc-723	87	2	logistic	logistic	ADJ
ijtc-723	87	3	distribution	distribution	NOUN
ijtc-723	87	4	is	be	AUX
ijtc-723	87	5	a	a	DET
ijtc-723	87	6	commonly	commonly	ADV
ijtc-723	87	7	used	use	VERB
ijtc-723	87	8	probability	probability	NOUN
ijtc-723	87	9	distribution	distribution	NOUN
ijtc-723	87	10	in	in	ADP
ijtc-723	87	11	credit	credit	NOUN
ijtc-723	87	12	risk	risk	NOUN
ijtc-723	87	13	modeling	modeling	NOUN
ijtc-723	87	14	,	,	PUNCT
ijtc-723	87	15	and	and	CCONJ
ijtc-723	87	16	the	the	DET
ijtc-723	87	17	markov	markov	NOUN
ijtc-723	87	18	chain	chain	NOUN
ijtc-723	87	19	monte	monte	PROPN
ijtc-723	87	20	carlo	carlo	PROPN
ijtc-723	87	21	(	(	PUNCT
ijtc-723	87	22	mcmc	mcmc	PROPN
ijtc-723	87	23	)	)	PUNCT
ijtc-723	87	24	method	method	NOUN
ijtc-723	87	25	is	be	AUX
ijtc-723	87	26	a	a	DET
ijtc-723	87	27	powerful	powerful	ADJ
ijtc-723	87	28	statistical	statistical	ADJ
ijtc-723	87	29	tool	tool	NOUN
ijtc-723	87	30	for	for	ADP
ijtc-723	87	31	estimating	estimate	VERB
ijtc-723	87	32	model	model	NOUN
ijtc-723	87	33	parameters	parameter	NOUN
ijtc-723	87	34	.	.	PUNCT
ijtc-723	88	1	by	by	ADP
ijtc-723	88	2	using	use	VERB
ijtc-723	88	3	these	these	DET
ijtc-723	88	4	techniques	technique	NOUN
ijtc-723	88	5	,	,	PUNCT
ijtc-723	88	6	(	(	PUNCT
ijtc-723	88	7	zhao	zhao	PROPN
ijtc-723	88	8	&	&	CCONJ
ijtc-723	88	9	cao	cao	PROPN
ijtc-723	88	10	,	,	PUNCT
ijtc-723	88	11	2021	2021	NUM
ijtc-723	88	12	)	)	PUNCT
ijtc-723	88	13	were	be	AUX
ijtc-723	88	14	able	able	ADJ
ijtc-723	88	15	to	to	PART
ijtc-723	88	16	develop	develop	VERB
ijtc-723	88	17	a	a	DET
ijtc-723	88	18	credit	credit	NOUN
ijtc-723	88	19	risk	risk	NOUN
ijtc-723	88	20	model	model	NOUN
ijtc-723	88	21	that	that	PRON
ijtc-723	88	22	accurately	accurately	ADV
ijtc-723	88	23	classifies	classify	VERB
ijtc-723	88	24	customers	customer	NOUN
ijtc-723	88	25	into	into	ADP
ijtc-723	88	26	different	different	ADJ
ijtc-723	88	27	risk	risk	NOUN
ijtc-723	88	28	levels	level	NOUN
ijtc-723	88	29	based	base	VERB
ijtc-723	88	30	on	on	ADP
ijtc-723	88	31	their	their	PRON
ijtc-723	88	32	credit	credit	NOUN
ijtc-723	88	33	history	history	NOUN
ijtc-723	88	34	and	and	CCONJ
ijtc-723	88	35	compliance	compliance	NOUN
ijtc-723	88	36	status	status	NOUN
ijtc-723	88	37	.	.	PUNCT
ijtc-723	89	1	overall	overall	ADV
ijtc-723	89	2	,	,	PUNCT
ijtc-723	89	3	the	the	DET
ijtc-723	89	4	study	study	NOUN
ijtc-723	89	5	highlights	highlight	VERB
ijtc-723	89	6	the	the	DET
ijtc-723	89	7	importance	importance	NOUN
ijtc-723	89	8	of	of	ADP
ijtc-723	89	9	credit	credit	NOUN
ijtc-723	89	10	history	history	NOUN
ijtc-723	89	11	and	and	CCONJ
ijtc-723	89	12	compliance	compliance	NOUN
ijtc-723	89	13	status	status	NOUN
ijtc-723	89	14	in	in	ADP
ijtc-723	89	15	assessing	assess	VERB
ijtc-723	89	16	the	the	DET
ijtc-723	89	17	credit	credit	NOUN
ijtc-723	89	18	risk	risk	NOUN
ijtc-723	89	19	of	of	ADP
ijtc-723	89	20	bank	bank	NOUN
ijtc-723	89	21	customers	customer	NOUN
ijtc-723	89	22	.	.	PUNCT
ijtc-723	90	1	these	these	DET
ijtc-723	90	2	factors	factor	NOUN
ijtc-723	90	3	should	should	AUX
ijtc-723	90	4	be	be	AUX
ijtc-723	90	5	carefully	carefully	ADV
ijtc-723	90	6	considered	consider	VERB
ijtc-723	90	7	by	by	ADP
ijtc-723	90	8	banks	bank	NOUN
ijtc-723	90	9	and	and	CCONJ
ijtc-723	90	10	other	other	ADJ
ijtc-723	90	11	financial	financial	ADJ
ijtc-723	90	12	institutions	institution	NOUN
ijtc-723	90	13	when	when	SCONJ
ijtc-723	90	14	making	make	VERB
ijtc-723	90	15	lending	lending	NOUN
ijtc-723	90	16	decisions	decision	NOUN
ijtc-723	90	17	and	and	CCONJ
ijtc-723	90	18	managing	manage	VERB
ijtc-723	90	19	credit	credit	NOUN
ijtc-723	90	20	risk	risk	NOUN
ijtc-723	90	21	.	.	PUNCT
ijtc-723	91	1	(	(	PUNCT
ijtc-723	91	2	habachi	habachi	PROPN
ijtc-723	91	3	&	&	CCONJ
ijtc-723	91	4	el	el	PROPN
ijtc-723	91	5	haddad	haddad	PROPN
ijtc-723	91	6	,	,	PUNCT
ijtc-723	91	7	2018	2018	NUM
ijtc-723	91	8	)	)	PUNCT
ijtc-723	91	9	,	,	PUNCT
ijtc-723	91	10	in	in	ADP
ijtc-723	91	11	their	their	PRON
ijtc-723	91	12	study	study	NOUN
ijtc-723	91	13	on	on	ADP
ijtc-723	91	14	the	the	DET
ijtc-723	91	15	impact	impact	NOUN
ijtc-723	91	16	of	of	ADP
ijtc-723	91	17	covid-19	covid-19	PROPN
ijtc-723	91	18	in	in	ADP
ijtc-723	91	19	morocco	morocco	PROPN
ijtc-723	91	20	on	on	ADP
ijtc-723	91	21	a	a	DET
ijtc-723	91	22	portfolio	portfolio	NOUN
ijtc-723	91	23	of	of	ADP
ijtc-723	91	24	a	a	DET
ijtc-723	91	25	financial	financial	ADJ
ijtc-723	91	26	institution	institution	NOUN
ijtc-723	91	27	,	,	PUNCT
ijtc-723	91	28	use	use	VERB
ijtc-723	91	29	accounting	accounting	NOUN
ijtc-723	91	30	supports	support	NOUN
ijtc-723	91	31	and	and	CCONJ
ijtc-723	91	32	qualitative	qualitative	ADJ
ijtc-723	91	33	variables	variable	NOUN
ijtc-723	91	34	related	relate	VERB
ijtc-723	91	35	to	to	ADP
ijtc-723	91	36	the	the	DET
ijtc-723	91	37	client	client	NOUN
ijtc-723	91	38	as	as	ADP
ijtc-723	91	39	a	a	DET
ijtc-723	91	40	source	source	NOUN
ijtc-723	91	41	of	of	ADP
ijtc-723	91	42	information	information	NOUN
ijtc-723	91	43	,	,	PUNCT
ijtc-723	91	44	and	and	CCONJ
ijtc-723	91	45	as	as	ADP
ijtc-723	91	46	part	part	NOUN
ijtc-723	91	47	of	of	ADP
ijtc-723	91	48	the	the	DET
ijtc-723	91	49	empirical	empirical	ADJ
ijtc-723	91	50	evidence	evidence	NOUN
ijtc-723	91	51	logistic	logistic	ADJ
ijtc-723	91	52	regression	regression	NOUN
ijtc-723	91	53	and	and	CCONJ
ijtc-723	91	54	linear	linear	ADJ
ijtc-723	91	55	discriminant	discriminant	ADJ
ijtc-723	91	56	analysis	analysis	NOUN
ijtc-723	91	57	.	.	PUNCT
ijtc-723	92	1	the	the	DET
ijtc-723	92	2	authors	author	NOUN
ijtc-723	92	3	have	have	AUX
ijtc-723	92	4	used	use	VERB
ijtc-723	92	5	expert	expert	ADJ
ijtc-723	92	6	opinion	opinion	NOUN
ijtc-723	92	7	to	to	PART
ijtc-723	92	8	adjust	adjust	VERB
ijtc-723	92	9	the	the	DET
ijtc-723	92	10	ratings	rating	NOUN
ijtc-723	92	11	and	and	CCONJ
ijtc-723	92	12	probability	probability	NOUN
ijtc-723	92	13	of	of	ADP
ijtc-723	92	14	default	default	NOUN
ijtc-723	92	15	assigned	assign	VERB
ijtc-723	92	16	to	to	ADP
ijtc-723	92	17	each	each	DET
ijtc-723	92	18	counterparty	counterparty	NOUN
ijtc-723	92	19	by	by	ADP
ijtc-723	92	20	the	the	DET
ijtc-723	92	21	initial	initial	ADJ
ijtc-723	92	22	models	model	NOUN
ijtc-723	92	23	.	.	PUNCT
ijtc-723	93	1	this	this	DET
ijtc-723	93	2	approach	approach	NOUN
ijtc-723	93	3	can	can	AUX
ijtc-723	93	4	help	help	VERB
ijtc-723	93	5	to	to	PART
ijtc-723	93	6	incorporate	incorporate	VERB
ijtc-723	93	7	subjective	subjective	ADJ
ijtc-723	93	8	factors	factor	NOUN
ijtc-723	93	9	that	that	PRON
ijtc-723	93	10	may	may	AUX
ijtc-723	93	11	not	not	PART
ijtc-723	93	12	be	be	AUX
ijtc-723	93	13	captured	capture	VERB
ijtc-723	93	14	by	by	ADP
ijtc-723	93	15	quantitative	quantitative	ADJ
ijtc-723	93	16	models	model	NOUN
ijtc-723	93	17	alone	alone	ADV
ijtc-723	93	18	.	.	PUNCT
ijtc-723	94	1	however	however	ADV
ijtc-723	94	2	,	,	PUNCT
ijtc-723	94	3	it	it	PRON
ijtc-723	94	4	is	be	AUX
ijtc-723	94	5	important	important	ADJ
ijtc-723	94	6	to	to	PART
ijtc-723	94	7	note	note	VERB
ijtc-723	94	8	that	that	SCONJ
ijtc-723	94	9	expert	expert	ADJ
ijtc-723	94	10	opinion	opinion	NOUN
ijtc-723	94	11	may	may	AUX
ijtc-723	94	12	be	be	AUX
ijtc-723	94	13	subject	subject	ADJ
ijtc-723	94	14	to	to	ADP
ijtc-723	94	15	biases	bias	NOUN
ijtc-723	94	16	and	and	CCONJ
ijtc-723	94	17	may	may	AUX
ijtc-723	94	18	not	not	PART
ijtc-723	94	19	always	always	ADV
ijtc-723	94	20	be	be	AUX
ijtc-723	94	21	reliable	reliable	ADJ
ijtc-723	94	22	.	.	PUNCT
ijtc-723	95	1	therefore	therefore	ADV
ijtc-723	95	2	,	,	PUNCT
ijtc-723	95	3	it	it	PRON
ijtc-723	95	4	is	be	AUX
ijtc-723	95	5	crucial	crucial	ADJ
ijtc-723	95	6	to	to	PART
ijtc-723	95	7	carefully	carefully	ADV
ijtc-723	95	8	consider	consider	VERB
ijtc-723	95	9	the	the	DET
ijtc-723	95	10	qualifications	qualification	NOUN
ijtc-723	95	11	and	and	CCONJ
ijtc-723	95	12	expertise	expertise	NOUN
ijtc-723	95	13	of	of	ADP
ijtc-723	95	14	the	the	DET
ijtc-723	95	15	experts	expert	NOUN
ijtc-723	95	16	involved	involve	VERB
ijtc-723	95	17	and	and	CCONJ
ijtc-723	95	18	to	to	PART
ijtc-723	95	19	take	take	VERB
ijtc-723	95	20	a	a	DET
ijtc-723	95	21	cautious	cautious	ADJ
ijtc-723	95	22	approach	approach	NOUN
ijtc-723	95	23	when	when	SCONJ
ijtc-723	95	24	relying	rely	VERB
ijtc-723	95	25	on	on	ADP
ijtc-723	95	26	their	their	PRON
ijtc-723	95	27	opinions	opinion	NOUN
ijtc-723	95	28	.	.	PUNCT
ijtc-723	96	1	(	(	PUNCT
ijtc-723	96	2	hung	hang	VERB
ijtc-723	96	3	et	et	PROPN
ijtc-723	96	4	al	al	PROPN
ijtc-723	96	5	.	.	PROPN
ijtc-723	96	6	,	,	PUNCT
ijtc-723	96	7	2021	2021	NUM
ijtc-723	96	8	)	)	PUNCT
ijtc-723	96	9	conducted	conduct	VERB
ijtc-723	96	10	a	a	DET
ijtc-723	96	11	study	study	NOUN
ijtc-723	96	12	that	that	PRON
ijtc-723	96	13	compared	compare	VERB
ijtc-723	96	14	the	the	DET
ijtc-723	96	15	robustness	robustness	NOUN
ijtc-723	96	16	of	of	ADP
ijtc-723	96	17	a	a	DET
ijtc-723	96	18	probability	probability	NOUN
ijtc-723	96	19	of	of	ADP
ijtc-723	96	20	default	default	NOUN
ijtc-723	96	21	(	(	PUNCT
ijtc-723	96	22	pd	pd	NOUN
ijtc-723	96	23	)	)	PUNCT
ijtc-723	96	24	estimation	estimation	NOUN
ijtc-723	96	25	model	model	NOUN
ijtc-723	96	26	with	with	ADP
ijtc-723	96	27	a	a	DET
ijtc-723	96	28	deterministic	deterministic	ADJ
ijtc-723	96	29	gross	gross	ADJ
ijtc-723	96	30	domestic	domestic	ADJ
ijtc-723	96	31	product	product	NOUN
ijtc-723	96	32	(	(	PUNCT
ijtc-723	96	33	gdp	gdp	NOUN
ijtc-723	96	34	)	)	PUNCT
ijtc-723	96	35	to	to	ADP
ijtc-723	96	36	a	a	DET
ijtc-723	96	37	credit	credit	NOUN
ijtc-723	96	38	default	default	NOUN
ijtc-723	96	39	model	model	NOUN
ijtc-723	96	40	.	.	PUNCT
ijtc-723	97	1	the	the	DET
ijtc-723	97	2	goal	goal	NOUN
ijtc-723	97	3	of	of	ADP
ijtc-723	97	4	the	the	DET
ijtc-723	97	5	study	study	NOUN
ijtc-723	97	6	was	be	AUX
ijtc-723	97	7	to	to	PART
ijtc-723	97	8	assess	assess	VERB
ijtc-723	97	9	whether	whether	SCONJ
ijtc-723	97	10	the	the	DET
ijtc-723	97	11	deterministic	deterministic	ADJ
ijtc-723	97	12	gdp	gdp	NOUN
ijtc-723	97	13	model	model	NOUN
ijtc-723	97	14	was	be	AUX
ijtc-723	97	15	more	more	ADV
ijtc-723	97	16	robust	robust	ADJ
ijtc-723	97	17	than	than	ADP
ijtc-723	97	18	the	the	DET
ijtc-723	97	19	credit	credit	NOUN
ijtc-723	97	20	default	default	NOUN
ijtc-723	97	21	model	model	NOUN
ijtc-723	97	22	in	in	ADP
ijtc-723	97	23	predicting	predict	VERB
ijtc-723	97	24	the	the	DET
ijtc-723	97	25	likelihood	likelihood	NOUN
ijtc-723	97	26	of	of	ADP
ijtc-723	97	27	default	default	NOUN
ijtc-723	97	28	of	of	ADP
ijtc-723	97	29	corporate	corporate	ADJ
ijtc-723	97	30	borrowers	borrower	NOUN
ijtc-723	97	31	.	.	PUNCT
ijtc-723	98	1	the	the	DET
ijtc-723	98	2	study	study	NOUN
ijtc-723	98	3	used	use	VERB
ijtc-723	98	4	data	datum	NOUN
ijtc-723	98	5	from	from	ADP
ijtc-723	98	6	publicly	publicly	ADV
ijtc-723	98	7	traded	trade	VERB
ijtc-723	98	8	companies	company	NOUN
ijtc-723	98	9	in	in	ADP
ijtc-723	98	10	the	the	DET
ijtc-723	98	11	united	united	PROPN
ijtc-723	98	12	states	states	PROPN
ijtc-723	98	13	from	from	ADP
ijtc-723	98	14	2001	2001	NUM
ijtc-723	98	15	to	to	ADP
ijtc-723	98	16	2017	2017	NUM
ijtc-723	98	17	.	.	PUNCT
ijtc-723	99	1	the	the	DET
ijtc-723	99	2	credit	credit	NOUN
ijtc-723	99	3	default	default	NOUN
ijtc-723	99	4	model	model	NOUN
ijtc-723	99	5	was	be	AUX
ijtc-723	99	6	based	base	VERB
ijtc-723	99	7	on	on	ADP
ijtc-723	99	8	the	the	DET
ijtc-723	99	9	merton	merton	PROPN
ijtc-723	99	10	model	model	NOUN
ijtc-723	99	11	,	,	PUNCT
ijtc-723	99	12	which	which	PRON
ijtc-723	99	13	calculates	calculate	VERB
ijtc-723	99	14	the	the	DET
ijtc-723	99	15	probability	probability	NOUN
ijtc-723	99	16	of	of	ADP
ijtc-723	99	17	default	default	NOUN
ijtc-723	99	18	based	base	VERB
ijtc-723	99	19	on	on	ADP
ijtc-723	99	20	a	a	DET
ijtc-723	99	21	firm	firm	NOUN
ijtc-723	99	22	's	's	PART
ijtc-723	99	23	asset	asset	NOUN
ijtc-723	99	24	value	value	NOUN
ijtc-723	99	25	,	,	PUNCT
ijtc-723	99	26	debt	debt	NOUN
ijtc-723	99	27	level	level	NOUN
ijtc-723	99	28	,	,	PUNCT
ijtc-723	99	29	volatility	volatility	NOUN
ijtc-723	99	30	,	,	PUNCT
ijtc-723	99	31	and	and	CCONJ
ijtc-723	99	32	the	the	DET
ijtc-723	99	33	value	value	NOUN
ijtc-723	99	34	of	of	ADP
ijtc-723	99	35	the	the	DET
ijtc-723	99	36	debt	debt	NOUN
ijtc-723	99	37	.	.	PUNCT
ijtc-723	100	1	the	the	DET
ijtc-723	100	2	deterministic	deterministic	ADJ
ijtc-723	100	3	gdp	gdp	NOUN
ijtc-723	100	4	model	model	NOUN
ijtc-723	100	5	,	,	PUNCT
ijtc-723	100	6	on	on	ADP
ijtc-723	100	7	the	the	DET
ijtc-723	100	8	other	other	ADJ
ijtc-723	100	9	hand	hand	NOUN
ijtc-723	100	10	,	,	PUNCT
ijtc-723	100	11	used	use	VERB
ijtc-723	100	12	the	the	DET
ijtc-723	100	13	historical	historical	ADJ
ijtc-723	100	14	average	average	ADJ
ijtc-723	100	15	gdp	gdp	NOUN
ijtc-723	100	16	growth	growth	NOUN
ijtc-723	100	17	rate	rate	NOUN
ijtc-723	100	18	as	as	ADP
ijtc-723	100	19	a	a	DET
ijtc-723	100	20	proxy	proxy	NOUN
ijtc-723	100	21	for	for	ADP
ijtc-723	100	22	future	future	ADJ
ijtc-723	100	23	economic	economic	ADJ
ijtc-723	100	24	growth	growth	NOUN
ijtc-723	100	25	.	.	PUNCT
ijtc-723	101	1	(	(	PUNCT
ijtc-723	101	2	achim	achim	PROPN
ijtc-723	101	3	et	et	PROPN
ijtc-723	101	4	al	al	PROPN
ijtc-723	101	5	.	.	PROPN
ijtc-723	101	6	,	,	PUNCT
ijtc-723	101	7	2021	2021	NUM
ijtc-723	101	8	)	)	PUNCT
ijtc-723	101	9	consider	consider	VERB
ijtc-723	101	10	that	that	SCONJ
ijtc-723	101	11	ifrs	ifrs	NOUN
ijtc-723	101	12	9	9	NUM
ijtc-723	101	13	increases	increase	VERB
ijtc-723	101	14	accounting	accounting	NOUN
ijtc-723	101	15	value	value	NOUN
ijtc-723	101	16	judgments	judgment	NOUN
ijtc-723	101	17	as	as	SCONJ
ijtc-723	101	18	it	it	PRON
ijtc-723	101	19	incorporates	incorporate	VERB
ijtc-723	101	20	forward	forward	ADV
ijtc-723	101	21	-	-	PUNCT
ijtc-723	101	22	looking	look	VERB
ijtc-723	101	23	information	information	NOUN
ijtc-723	101	24	in	in	ADP
ijtc-723	101	25	the	the	DET
ijtc-723	101	26	estimation	estimation	NOUN
ijtc-723	101	27	of	of	ADP
ijtc-723	101	28	credit	credit	NOUN
ijtc-723	101	29	losses	loss	NOUN
ijtc-723	101	30	which	which	PRON
ijtc-723	101	31	,	,	PUNCT
ijtc-723	101	32	theoretically	theoretically	ADV
ijtc-723	101	33	should	should	AUX
ijtc-723	101	34	ensure	ensure	VERB
ijtc-723	101	35	timely	timely	ADJ
ijtc-723	101	36	recognition	recognition	NOUN
ijtc-723	101	37	of	of	ADP
ijtc-723	101	38	provisions	provision	NOUN
ijtc-723	101	39	.	.	PUNCT
ijtc-723	102	1	however	however	ADV
ijtc-723	102	2	,	,	PUNCT
ijtc-723	102	3	as	as	SCONJ
ijtc-723	102	4	noted	note	VERB
ijtc-723	102	5	since	since	SCONJ
ijtc-723	102	6	its	its	PRON
ijtc-723	102	7	implementation	implementation	NOUN
ijtc-723	102	8	in	in	ADP
ijtc-723	102	9	2018	2018	NUM
ijtc-723	102	10	,	,	PUNCT
ijtc-723	102	11	the	the	DET
ijtc-723	102	12	standard	standard	NOUN
ijtc-723	102	13	is	be	AUX
ijtc-723	102	14	still	still	ADV
ijtc-723	102	15	at	at	ADP
ijtc-723	102	16	an	an	DET
ijtc-723	102	17	early	early	ADJ
ijtc-723	102	18	stage	stage	NOUN
ijtc-723	102	19	and	and	CCONJ
ijtc-723	102	20	more	more	ADJ
ijtc-723	102	21	time	time	NOUN
ijtc-723	102	22	needs	need	VERB
ijtc-723	102	23	to	to	PART
ijtc-723	102	24	elapse	elapse	VERB
ijtc-723	102	25	before	before	SCONJ
ijtc-723	102	26	companies	company	NOUN
ijtc-723	102	27	can	can	AUX
ijtc-723	102	28	build	build	VERB
ijtc-723	102	29	robust	robust	ADJ
ijtc-723	102	30	validation	validation	NOUN
ijtc-723	102	31	frameworks	framework	NOUN
ijtc-723	102	32	around	around	ADP
ijtc-723	102	33	the	the	DET
ijtc-723	102	34	estimates	estimate	NOUN
ijtc-723	102	35	made	make	VERB
ijtc-723	102	36	.	.	PUNCT
ijtc-723	103	1	in	in	ADP
ijtc-723	103	2	addition	addition	NOUN
ijtc-723	103	3	,	,	PUNCT
ijtc-723	103	4	the	the	DET
ijtc-723	103	5	stochastic	stochastic	ADJ
ijtc-723	103	6	nature	nature	NOUN
ijtc-723	103	7	of	of	ADP
ijtc-723	103	8	ifrs	ifrs	PROPN
ijtc-723	103	9	9	9	NUM
ijtc-723	103	10	in	in	ADP
ijtc-723	103	11	shaping	shape	VERB
ijtc-723	103	12	these	these	DET
ijtc-723	103	13	assumptions	assumption	NOUN
ijtc-723	103	14	raises	raise	VERB
ijtc-723	103	15	questions	question	NOUN
ijtc-723	103	16	about	about	ADP
ijtc-723	103	17	the	the	DET
ijtc-723	103	18	effect	effect	NOUN
ijtc-723	103	19	of	of	ADP
ijtc-723	103	20	potential	potential	ADJ
ijtc-723	103	21	discretion	discretion	NOUN
ijtc-723	103	22	and	and	CCONJ
ijtc-723	103	23	flexibility	flexibility	NOUN
ijtc-723	103	24	of	of	ADP
ijtc-723	103	25	decision	decision	NOUN
ijtc-723	103	26	makers	maker	NOUN
ijtc-723	103	27	in	in	ADP
ijtc-723	103	28	companies	company	NOUN
ijtc-723	103	29	.	.	PUNCT
ijtc-723	104	1	(	(	PUNCT
ijtc-723	104	2	gubareva	gubareva	NOUN
ijtc-723	104	3	,	,	PUNCT
ijtc-723	104	4	2021	2021	NUM
ijtc-723	104	5	)	)	PUNCT
ijtc-723	104	6	demonstrates	demonstrate	VERB
ijtc-723	104	7	how	how	SCONJ
ijtc-723	104	8	to	to	PART
ijtc-723	104	9	estimate	estimate	VERB
ijtc-723	104	10	credit	credit	NOUN
ijtc-723	104	11	impairment	impairment	NOUN
ijtc-723	104	12	provisions	provision	NOUN
ijtc-723	104	13	in	in	ADP
ijtc-723	104	14	accordance	accordance	NOUN
ijtc-723	104	15	with	with	ADP
ijtc-723	104	16	the	the	DET
ijtc-723	104	17	ifrs	ifrs	NOUN
ijtc-723	104	18	9	9	NUM
ijtc-723	104	19	framework	framework	NOUN
ijtc-723	104	20	.	.	PUNCT
ijtc-723	105	1	in	in	ADP
ijtc-723	105	2	her	her	PRON
ijtc-723	105	3	study	study	NOUN
ijtc-723	105	4	she	she	PRON
ijtc-723	105	5	concludes	conclude	VERB
ijtc-723	105	6	that	that	SCONJ
ijtc-723	105	7	for	for	ADP
ijtc-723	105	8	both	both	PRON
ijtc-723	105	9	investment	investment	NOUN
ijtc-723	105	10	grade	grade	NOUN
ijtc-723	105	11	and	and	CCONJ
ijtc-723	105	12	high	high	ADJ
ijtc-723	105	13	yield	yield	NOUN
ijtc-723	105	14	exposures	exposure	NOUN
ijtc-723	105	15	,	,	PUNCT
ijtc-723	105	16	the	the	DET
ijtc-723	105	17	weight	weight	NOUN
ijtc-723	105	18	of	of	ADP
ijtc-723	105	19	the	the	DET
ijtc-723	105	20	default	default	NOUN
ijtc-723	105	21	component	component	NOUN
ijtc-723	105	22	in	in	ADP
ijtc-723	105	23	credit	credit	NOUN
ijtc-723	105	24	spreads	spread	NOUN
ijtc-723	105	25	is	be	AUX
ijtc-723	105	26	always	always	ADV
ijtc-723	105	27	less	less	ADJ
ijtc-723	105	28	than	than	ADP
ijtc-723	105	29	33	33	NUM
ijtc-723	105	30	%	%	NOUN
ijtc-723	105	31	.	.	PUNCT
ijtc-723	106	1	the	the	DET
ijtc-723	106	2	https://www.ilomata.org/index.php/ijtc	https://www.ilomata.org/index.php/ijtc	PROPN
ijtc-723	106	3	application	application	NOUN
ijtc-723	106	4	of	of	ADP
ijtc-723	106	5	ifrs	ifrs	PROPN
ijtc-723	106	6	9	9	NUM
ijtc-723	106	7	financial	financial	ADJ
ijtc-723	106	8	instruments	instrument	NOUN
ijtc-723	106	9	and	and	CCONJ
ijtc-723	106	10	the	the	DET
ijtc-723	106	11	exposure	exposure	NOUN
ijtc-723	106	12	to	to	ADP
ijtc-723	106	13	credit	credit	NOUN
ijtc-723	106	14	risk	risk	NOUN
ijtc-723	106	15	(	(	PUNCT
ijtc-723	106	16	case	case	NOUN
ijtc-723	106	17	study	study	NOUN
ijtc-723	106	18	in	in	ADP
ijtc-723	106	19	ecuador	ecuador	PROPN
ijtc-723	106	20	)	)	PUNCT
ijtc-723	106	21	orellana	orellana	PROPN
ijtc-723	106	22	and	and	CCONJ
ijtc-723	106	23	rabanal	rabanal	VERB
ijtc-723	106	24	330	330	NUM
ijtc-723	106	25	|	|	NOUN
ijtc-723	106	26	ilomata	ilomata	NOUN
ijtc-723	106	27	international	international	ADJ
ijtc-723	106	28	journal	journal	NOUN
ijtc-723	106	29	of	of	ADP
ijtc-723	106	30	tax	tax	PROPN
ijtc-723	106	31	&	&	CCONJ
ijtc-723	106	32	accounting	accounting	PROPN
ijtc-723	106	33	https://www.ilomata.org/index.php/ijtc	https://www.ilomata.org/index.php/ijtc	PROPN
ijtc-723	106	34	research	research	NOUN
ijtc-723	106	35	results	result	NOUN
ijtc-723	106	36	contrast	contrast	VERB
ijtc-723	106	37	with	with	ADP
ijtc-723	106	38	several	several	ADJ
ijtc-723	106	39	previous	previous	ADJ
ijtc-723	106	40	findings	finding	NOUN
ijtc-723	106	41	that	that	SCONJ
ijtc-723	106	42	the	the	DET
ijtc-723	106	43	risk	risk	NOUN
ijtc-723	106	44	premium	premium	NOUN
ijtc-723	106	45	accounts	account	VERB
ijtc-723	106	46	for	for	ADP
ijtc-723	106	47	at	at	ADV
ijtc-723	106	48	least	least	ADV
ijtc-723	106	49	40	40	NUM
ijtc-723	106	50	%	%	NOUN
ijtc-723	106	51	of	of	ADP
ijtc-723	106	52	spreads	spread	NOUN
ijtc-723	106	53	in	in	ADP
ijtc-723	106	54	default	default	NOUN
ijtc-723	106	55	hedges	hedge	NOUN
ijtc-723	106	56	.	.	PUNCT
ijtc-723	107	1	(	(	PUNCT
ijtc-723	107	2	bank	bank	NOUN
ijtc-723	107	3	&	&	CCONJ
ijtc-723	107	4	eder	eder	NOUN
ijtc-723	107	5	,	,	PUNCT
ijtc-723	107	6	2021	2021	NUM
ijtc-723	107	7	)	)	PUNCT
ijtc-723	107	8	argue	argue	VERB
ijtc-723	107	9	that	that	SCONJ
ijtc-723	107	10	for	for	ADP
ijtc-723	107	11	ifrs	ifrs	NOUN
ijtc-723	107	12	9	9	NUM
ijtc-723	107	13	a	a	DET
ijtc-723	107	14	calibration	calibration	NOUN
ijtc-723	107	15	of	of	ADP
ijtc-723	107	16	the	the	DET
ijtc-723	107	17	probability	probability	NOUN
ijtc-723	107	18	of	of	ADP
ijtc-723	107	19	default	default	NOUN
ijtc-723	107	20	at	at	ADP
ijtc-723	107	21	the	the	DET
ijtc-723	107	22	account	account	NOUN
ijtc-723	107	23	level	level	NOUN
ijtc-723	107	24	is	be	AUX
ijtc-723	107	25	more	more	ADV
ijtc-723	107	26	appropriate	appropriate	ADJ
ijtc-723	107	27	than	than	ADP
ijtc-723	107	28	a	a	DET
ijtc-723	107	29	calibration	calibration	NOUN
ijtc-723	107	30	at	at	ADP
ijtc-723	107	31	the	the	DET
ijtc-723	107	32	portfolio	portfolio	NOUN
ijtc-723	107	33	level	level	NOUN
ijtc-723	107	34	,	,	PUNCT
ijtc-723	107	35	as	as	SCONJ
ijtc-723	107	36	highlighted	highlight	VERB
ijtc-723	107	37	in	in	ADP
ijtc-723	107	38	the	the	DET
ijtc-723	107	39	basel	basel	PROPN
ijtc-723	107	40	accords	accord	NOUN
ijtc-723	107	41	.	.	PUNCT
ijtc-723	108	1	according	accord	VERB
ijtc-723	108	2	to	to	ADP
ijtc-723	108	3	the	the	DET
ijtc-723	108	4	authors	author	NOUN
ijtc-723	108	5	to	to	ADP
ijtc-723	108	6	date	date	NOUN
ijtc-723	108	7	no	no	DET
ijtc-723	108	8	study	study	NOUN
ijtc-723	108	9	has	have	AUX
ijtc-723	108	10	yet	yet	ADV
ijtc-723	108	11	investigated	investigate	VERB
ijtc-723	108	12	empirically	empirically	ADV
ijtc-723	108	13	how	how	SCONJ
ijtc-723	108	14	the	the	DET
ijtc-723	108	15	choice	choice	NOUN
ijtc-723	108	16	of	of	ADP
ijtc-723	108	17	model	model	NOUN
ijtc-723	108	18	affects	affect	VERB
ijtc-723	108	19	the	the	DET
ijtc-723	108	20	assignment	assignment	NOUN
ijtc-723	108	21	of	of	ADP
ijtc-723	108	22	stages	stage	NOUN
ijtc-723	108	23	(	(	PUNCT
ijtc-723	108	24	stage	stage	NOUN
ijtc-723	108	25	1	1	NUM
ijtc-723	108	26	,	,	PUNCT
ijtc-723	108	27	for	for	ADP
ijtc-723	108	28	12	12	NUM
ijtc-723	108	29	months	month	NOUN
ijtc-723	108	30	;	;	PUNCT
ijtc-723	108	31	stage	stage	NOUN
ijtc-723	108	32	2	2	NUM
ijtc-723	108	33	,	,	PUNCT
ijtc-723	108	34	for	for	ADP
ijtc-723	108	35	the	the	DET
ijtc-723	108	36	entire	entire	ADJ
ijtc-723	108	37	term	term	NOUN
ijtc-723	108	38	of	of	ADP
ijtc-723	108	39	the	the	DET
ijtc-723	108	40	financial	financial	ADJ
ijtc-723	108	41	instrument	instrument	NOUN
ijtc-723	108	42	;	;	PUNCT
ijtc-723	108	43	stage	stage	NOUN
ijtc-723	108	44	3	3	NUM
ijtc-723	108	45	,	,	PUNCT
ijtc-723	108	46	impairment	impairment	NOUN
ijtc-723	108	47	)	)	PUNCT
ijtc-723	108	48	.	.	PUNCT
ijtc-723	109	1	(	(	PUNCT
ijtc-723	109	2	chen	chen	PROPN
ijtc-723	109	3	et	et	PROPN
ijtc-723	109	4	al	al	PROPN
ijtc-723	109	5	.	.	PROPN
ijtc-723	109	6	,	,	PUNCT
ijtc-723	109	7	2022	2022	NUM
ijtc-723	109	8	)	)	PUNCT
ijtc-723	109	9	develop	develop	VERB
ijtc-723	109	10	a	a	DET
ijtc-723	109	11	model	model	NOUN
ijtc-723	109	12	of	of	ADP
ijtc-723	109	13	the	the	DET
ijtc-723	109	14	impairment	impairment	NOUN
ijtc-723	109	15	of	of	ADP
ijtc-723	109	16	financial	financial	ADJ
ijtc-723	109	17	assets	asset	NOUN
ijtc-723	109	18	through	through	ADP
ijtc-723	109	19	the	the	DET
ijtc-723	109	20	credit	credit	NOUN
ijtc-723	109	21	card	card	NOUN
ijtc-723	109	22	data	datum	NOUN
ijtc-723	109	23	of	of	ADP
ijtc-723	109	24	a	a	DET
ijtc-723	109	25	financial	financial	ADJ
ijtc-723	109	26	institution	institution	NOUN
ijtc-723	109	27	.	.	PUNCT
ijtc-723	110	1	according	accord	VERB
ijtc-723	110	2	to	to	ADP
ijtc-723	110	3	these	these	DET
ijtc-723	110	4	authors	author	NOUN
ijtc-723	110	5	,	,	PUNCT
ijtc-723	110	6	the	the	DET
ijtc-723	110	7	results	result	NOUN
ijtc-723	110	8	obtained	obtain	VERB
ijtc-723	110	9	show	show	VERB
ijtc-723	110	10	that	that	SCONJ
ijtc-723	110	11	,	,	PUNCT
ijtc-723	110	12	compared	compare	VERB
ijtc-723	110	13	with	with	ADP
ijtc-723	110	14	the	the	DET
ijtc-723	110	15	previous	previous	ADJ
ijtc-723	110	16	accounting	accounting	NOUN
ijtc-723	110	17	standard	standard	NOUN
ijtc-723	110	18	ias	ias	PROPN
ijtc-723	110	19	39	39	NUM
ijtc-723	110	20	,	,	PUNCT
ijtc-723	110	21	under	under	ADP
ijtc-723	110	22	the	the	DET
ijtc-723	110	23	implementation	implementation	NOUN
ijtc-723	110	24	of	of	ADP
ijtc-723	110	25	the	the	DET
ijtc-723	110	26	current	current	ADJ
ijtc-723	110	27	ifrs	ifrs	NOUN
ijtc-723	110	28	9	9	NUM
ijtc-723	110	29	standard	standard	NOUN
ijtc-723	110	30	,	,	PUNCT
ijtc-723	110	31	both	both	CCONJ
ijtc-723	110	32	the	the	DET
ijtc-723	110	33	scale	scale	NOUN
ijtc-723	110	34	of	of	ADP
ijtc-723	110	35	credit	credit	NOUN
ijtc-723	110	36	card	card	NOUN
ijtc-723	110	37	business	business	NOUN
ijtc-723	110	38	assets	asset	NOUN
ijtc-723	110	39	that	that	PRON
ijtc-723	110	40	need	need	VERB
ijtc-723	110	41	to	to	PART
ijtc-723	110	42	be	be	AUX
ijtc-723	110	43	impaired	impair	VERB
ijtc-723	110	44	and	and	CCONJ
ijtc-723	110	45	the	the	DET
ijtc-723	110	46	provision	provision	NOUN
ijtc-723	110	47	for	for	ADP
ijtc-723	110	48	asset	asset	NOUN
ijtc-723	110	49	impairment	impairment	NOUN
ijtc-723	110	50	improve	improve	VERB
ijtc-723	110	51	significantly	significantly	ADV
ijtc-723	110	52	,	,	PUNCT
ijtc-723	110	53	but	but	CCONJ
ijtc-723	110	54	the	the	DET
ijtc-723	110	55	impairment	impairment	PROPN
ijtc-723	110	56	reserve	reserve	NOUN
ijtc-723	110	57	ratio	ratio	NOUN
ijtc-723	110	58	decreases	decrease	VERB
ijtc-723	110	59	.	.	PUNCT
ijtc-723	111	1	(	(	PUNCT
ijtc-723	111	2	pastiranová	pastiranová	PROPN
ijtc-723	111	3	&	&	CCONJ
ijtc-723	111	4	witzany	witzany	PROPN
ijtc-723	111	5	,	,	PUNCT
ijtc-723	111	6	2022	2022	NUM
ijtc-723	111	7	)	)	PUNCT
ijtc-723	111	8	expect	expect	VERB
ijtc-723	111	9	ifrs	ifrs	PROPN
ijtc-723	111	10	9	9	NUM
ijtc-723	111	11	to	to	PART
ijtc-723	111	12	change	change	VERB
ijtc-723	111	13	the	the	DET
ijtc-723	111	14	flow	flow	NOUN
ijtc-723	111	15	of	of	ADP
ijtc-723	111	16	loan	loan	NOUN
ijtc-723	111	17	loss	loss	NOUN
ijtc-723	111	18	provisions	provision	NOUN
ijtc-723	111	19	,	,	PUNCT
ijtc-723	111	20	which	which	PRON
ijtc-723	111	21	is	be	AUX
ijtc-723	111	22	expected	expect	VERB
ijtc-723	111	23	to	to	PART
ijtc-723	111	24	be	be	AUX
ijtc-723	111	25	unstable	unstable	ADJ
ijtc-723	111	26	,	,	PUNCT
ijtc-723	111	27	more	more	ADV
ijtc-723	111	28	volatile	volatile	ADJ
ijtc-723	111	29	and	and	CCONJ
ijtc-723	111	30	more	more	ADV
ijtc-723	111	31	unpredictable	unpredictable	ADJ
ijtc-723	111	32	than	than	ADP
ijtc-723	111	33	under	under	ADP
ijtc-723	111	34	the	the	DET
ijtc-723	111	35	previous	previous	ADJ
ijtc-723	111	36	standard	standard	ADJ
ijtc-723	111	37	ias	ia	NOUN
ijtc-723	111	38	39	39	NUM
ijtc-723	111	39	,	,	PUNCT
ijtc-723	111	40	empirically	empirically	ADV
ijtc-723	111	41	tested	test	VERB
ijtc-723	111	42	in	in	ADP
ijtc-723	111	43	a	a	DET
ijtc-723	111	44	sample	sample	NOUN
ijtc-723	111	45	of	of	ADP
ijtc-723	111	46	the	the	DET
ijtc-723	111	47	eight	eight	NUM
ijtc-723	111	48	largest	large	ADJ
ijtc-723	111	49	banks	bank	NOUN
ijtc-723	111	50	in	in	ADP
ijtc-723	111	51	the	the	DET
ijtc-723	111	52	czech	czech	PROPN
ijtc-723	111	53	republic	republic	NOUN
ijtc-723	111	54	.	.	PUNCT
ijtc-723	112	1	the	the	DET
ijtc-723	112	2	hypothesis	hypothesis	NOUN
ijtc-723	112	3	that	that	PRON
ijtc-723	112	4	the	the	DET
ijtc-723	112	5	implementation	implementation	NOUN
ijtc-723	112	6	of	of	ADP
ijtc-723	112	7	ifrs	ifrs	PROPN
ijtc-723	112	8	9	9	NUM
ijtc-723	112	9	leads	lead	VERB
ijtc-723	112	10	to	to	ADP
ijtc-723	112	11	higher	high	ADJ
ijtc-723	112	12	volatility	volatility	NOUN
ijtc-723	112	13	of	of	ADP
ijtc-723	112	14	loan	loan	NOUN
ijtc-723	112	15	loss	loss	NOUN
ijtc-723	112	16	provisions	provision	NOUN
ijtc-723	112	17	is	be	AUX
ijtc-723	112	18	confirmed	confirm	VERB
ijtc-723	112	19	in	in	ADP
ijtc-723	112	20	the	the	DET
ijtc-723	112	21	case	case	NOUN
ijtc-723	112	22	of	of	ADP
ijtc-723	112	23	five	five	NUM
ijtc-723	112	24	banks	bank	NOUN
ijtc-723	112	25	and	and	CCONJ
ijtc-723	112	26	within	within	ADP
ijtc-723	112	27	the	the	DET
ijtc-723	112	28	entire	entire	ADJ
ijtc-723	112	29	sample	sample	NOUN
ijtc-723	112	30	of	of	ADP
ijtc-723	112	31	banks	bank	NOUN
ijtc-723	112	32	at	at	ADP
ijtc-723	112	33	a	a	DET
ijtc-723	112	34	probability	probability	NOUN
ijtc-723	112	35	level	level	NOUN
ijtc-723	112	36	of	of	ADP
ijtc-723	112	37	5	5	NUM
ijtc-723	112	38	%	%	NOUN
ijtc-723	112	39	.	.	PUNCT
ijtc-723	113	1	(	(	PUNCT
ijtc-723	113	2	lamaj	lamaj	NOUN
ijtc-723	113	3	,	,	PUNCT
ijtc-723	113	4	2023	2023	NUM
ijtc-723	113	5	)	)	PUNCT
ijtc-723	113	6	describes	describe	VERB
ijtc-723	113	7	the	the	DET
ijtc-723	113	8	key	key	ADJ
ijtc-723	113	9	requirements	requirement	NOUN
ijtc-723	113	10	of	of	ADP
ijtc-723	113	11	ifrs	ifrs	PROPN
ijtc-723	113	12	9	9	NUM
ijtc-723	113	13	on	on	ADP
ijtc-723	113	14	accounting	account	VERB
ijtc-723	113	15	for	for	ADP
ijtc-723	113	16	loan	loan	NOUN
ijtc-723	113	17	loss	loss	NOUN
ijtc-723	113	18	provisions	provision	NOUN
ijtc-723	113	19	.	.	PUNCT
ijtc-723	114	1	first	first	ADV
ijtc-723	114	2	,	,	PUNCT
ijtc-723	114	3	he	he	PRON
ijtc-723	114	4	interprets	interpret	VERB
ijtc-723	114	5	the	the	DET
ijtc-723	114	6	main	main	ADJ
ijtc-723	114	7	rationale	rationale	NOUN
ijtc-723	114	8	for	for	ADP
ijtc-723	114	9	loan	loan	NOUN
ijtc-723	114	10	loss	loss	NOUN
ijtc-723	114	11	provisions	provision	NOUN
ijtc-723	114	12	.	.	PUNCT
ijtc-723	115	1	secondly	secondly	ADV
ijtc-723	115	2	,	,	PUNCT
ijtc-723	115	3	he	he	PRON
ijtc-723	115	4	goes	go	VERB
ijtc-723	115	5	on	on	ADP
ijtc-723	115	6	to	to	PART
ijtc-723	115	7	give	give	VERB
ijtc-723	115	8	a	a	DET
ijtc-723	115	9	brief	brief	ADJ
ijtc-723	115	10	history	history	NOUN
ijtc-723	115	11	of	of	ADP
ijtc-723	115	12	the	the	DET
ijtc-723	115	13	standard	standard	ADJ
ijtc-723	115	14	development	development	NOUN
ijtc-723	115	15	and	and	CCONJ
ijtc-723	115	16	,	,	PUNCT
ijtc-723	115	17	finally	finally	ADV
ijtc-723	115	18	,	,	PUNCT
ijtc-723	115	19	summarizes	summarize	VERB
ijtc-723	115	20	the	the	DET
ijtc-723	115	21	main	main	ADJ
ijtc-723	115	22	implications	implication	NOUN
ijtc-723	115	23	of	of	ADP
ijtc-723	115	24	the	the	DET
ijtc-723	115	25	loss	loss	NOUN
ijtc-723	115	26	model	model	NOUN
ijtc-723	115	27	for	for	ADP
ijtc-723	115	28	financial	financial	ADJ
ijtc-723	115	29	institutions	institution	NOUN
ijtc-723	115	30	.	.	PUNCT
ijtc-723	116	1	method	method	NOUN
ijtc-723	116	2	composition	composition	NOUN
ijtc-723	116	3	of	of	ADP
ijtc-723	116	4	the	the	DET
ijtc-723	116	5	portfolio	portfolio	NOUN
ijtc-723	116	6	the	the	DET
ijtc-723	116	7	primary	primary	ADJ
ijtc-723	116	8	information	information	NOUN
ijtc-723	116	9	of	of	ADP
ijtc-723	116	10	the	the	DET
ijtc-723	116	11	case	case	NOUN
ijtc-723	116	12	presented	present	VERB
ijtc-723	116	13	is	be	AUX
ijtc-723	116	14	composed	compose	VERB
ijtc-723	116	15	of	of	ADP
ijtc-723	116	16	all	all	DET
ijtc-723	116	17	the	the	DET
ijtc-723	116	18	accounts	account	NOUN
ijtc-723	116	19	receivable	receivable	NOUN
ijtc-723	116	20	found	find	VERB
ijtc-723	116	21	in	in	ADP
ijtc-723	116	22	the	the	DET
ijtc-723	116	23	accounting	accounting	NOUN
ijtc-723	116	24	records	record	NOUN
ijtc-723	116	25	of	of	ADP
ijtc-723	116	26	a	a	DET
ijtc-723	116	27	non	non	ADJ
ijtc-723	116	28	-	-	ADJ
ijtc-723	116	29	financial	financial	ADJ
ijtc-723	116	30	company	company	NOUN
ijtc-723	116	31	specialized	specialize	VERB
ijtc-723	116	32	in	in	ADP
ijtc-723	116	33	the	the	DET
ijtc-723	116	34	services	service	NOUN
ijtc-723	116	35	sector	sector	NOUN
ijtc-723	116	36	in	in	ADP
ijtc-723	116	37	ecuador	ecuador	NOUN
ijtc-723	116	38	,	,	PUNCT
ijtc-723	116	39	detailing	detail	VERB
ijtc-723	116	40	the	the	DET
ijtc-723	116	41	information	information	NOUN
ijtc-723	116	42	on	on	ADP
ijtc-723	116	43	outstanding	outstanding	ADJ
ijtc-723	116	44	balances	balance	NOUN
ijtc-723	116	45	,	,	PUNCT
ijtc-723	116	46	days	day	NOUN
ijtc-723	116	47	due	due	ADJ
ijtc-723	116	48	,	,	PUNCT
ijtc-723	116	49	date	date	NOUN
ijtc-723	116	50	on	on	ADP
ijtc-723	116	51	which	which	PRON
ijtc-723	116	52	the	the	DET
ijtc-723	116	53	debt	debt	NOUN
ijtc-723	116	54	was	be	AUX
ijtc-723	116	55	contracted	contract	VERB
ijtc-723	116	56	and	and	CCONJ
ijtc-723	116	57	maturity	maturity	NOUN
ijtc-723	116	58	date	date	NOUN
ijtc-723	116	59	.	.	PUNCT
ijtc-723	117	1	in	in	ADP
ijtc-723	117	2	addition	addition	NOUN
ijtc-723	117	3	,	,	PUNCT
ijtc-723	117	4	the	the	DET
ijtc-723	117	5	portfolio	portfolio	NOUN
ijtc-723	117	6	was	be	AUX
ijtc-723	117	7	limited	limit	VERB
ijtc-723	117	8	to	to	ADP
ijtc-723	117	9	companies	company	NOUN
ijtc-723	117	10	that	that	PRON
ijtc-723	117	11	have	have	VERB
ijtc-723	117	12	outstanding	outstanding	ADJ
ijtc-723	117	13	accounts	account	NOUN
ijtc-723	117	14	receivable	receivable	ADJ
ijtc-723	117	15	(	(	PUNCT
ijtc-723	117	16	47	47	NUM
ijtc-723	117	17	customers	customer	NOUN
ijtc-723	117	18	)	)	PUNCT
ijtc-723	117	19	.	.	PUNCT
ijtc-723	118	1	the	the	DET
ijtc-723	118	2	research	research	NOUN
ijtc-723	118	3	approach	approach	NOUN
ijtc-723	118	4	was	be	AUX
ijtc-723	118	5	mixed	mixed	ADJ
ijtc-723	118	6	(	(	PUNCT
ijtc-723	118	7	qualitative	qualitative	ADJ
ijtc-723	118	8	and	and	CCONJ
ijtc-723	118	9	quantitative	quantitative	ADJ
ijtc-723	118	10	)	)	PUNCT
ijtc-723	118	11	and	and	CCONJ
ijtc-723	118	12	data	datum	NOUN
ijtc-723	118	13	was	be	AUX
ijtc-723	118	14	collected	collect	VERB
ijtc-723	118	15	using	use	VERB
ijtc-723	118	16	company	company	NOUN
ijtc-723	118	17	data	datum	NOUN
ijtc-723	118	18	and	and	CCONJ
ijtc-723	118	19	ratings	rating	NOUN
ijtc-723	118	20	given	give	VERB
ijtc-723	118	21	to	to	ADP
ijtc-723	118	22	each	each	DET
ijtc-723	118	23	client	client	NOUN
ijtc-723	118	24	.	.	PUNCT
ijtc-723	119	1	the	the	DET
ijtc-723	119	2	company	company	NOUN
ijtc-723	119	3	's	's	PART
ijtc-723	119	4	portfolio	portfolio	NOUN
ijtc-723	119	5	is	be	AUX
ijtc-723	119	6	classified	classify	VERB
ijtc-723	119	7	into	into	ADP
ijtc-723	119	8	5	5	NUM
ijtc-723	119	9	groups	group	NOUN
ijtc-723	119	10	according	accord	VERB
ijtc-723	119	11	to	to	ADP
ijtc-723	119	12	the	the	DET
ijtc-723	119	13	number	number	NOUN
ijtc-723	119	14	of	of	ADP
ijtc-723	119	15	days	day	NOUN
ijtc-723	119	16	past	past	ADJ
ijtc-723	119	17	due	due	ADJ
ijtc-723	119	18	for	for	ADP
ijtc-723	119	19	each	each	DET
ijtc-723	119	20	client	client	NOUN
ijtc-723	119	21	,	,	PUNCT
ijtc-723	119	22	as	as	SCONJ
ijtc-723	119	23	follows	follow	VERB
ijtc-723	119	24	:	:	PUNCT
ijtc-723	119	25	category	category	NOUN
ijtc-723	119	26	a	a	NOUN
ijtc-723	119	27	:	:	PUNCT
ijtc-723	119	28	less	less	ADJ
ijtc-723	119	29	than	than	ADP
ijtc-723	119	30	30	30	NUM
ijtc-723	119	31	days	day	NOUN
ijtc-723	119	32	;	;	PUNCT
ijtc-723	119	33	category	category	NOUN
ijtc-723	119	34	b	b	NOUN
ijtc-723	119	35	:	:	PUNCT
ijtc-723	119	36	between	between	ADP
ijtc-723	119	37	31	31	NUM
ijtc-723	119	38	and	and	CCONJ
ijtc-723	119	39	60	60	NUM
ijtc-723	119	40	days	day	NOUN
ijtc-723	119	41	;	;	PUNCT
ijtc-723	120	1	category	category	NOUN
ijtc-723	120	2	c	c	NOUN
ijtc-723	120	3	:	:	PUNCT
ijtc-723	120	4	between	between	ADP
ijtc-723	120	5	61	61	NUM
ijtc-723	120	6	and	and	CCONJ
ijtc-723	120	7	90	90	NUM
ijtc-723	120	8	days	day	NOUN
ijtc-723	120	9	;	;	PUNCT
ijtc-723	120	10	category	category	NOUN
ijtc-723	120	11	d	d	NOUN
ijtc-723	120	12	:	:	PUNCT
ijtc-723	120	13	between	between	ADP
ijtc-723	120	14	91	91	NUM
ijtc-723	120	15	and	and	CCONJ
ijtc-723	120	16	180	180	NUM
ijtc-723	120	17	days	day	NOUN
ijtc-723	120	18	;	;	PUNCT
ijtc-723	120	19	category	category	NOUN
ijtc-723	120	20	e	e	NOUN
ijtc-723	120	21	:	:	PUNCT
ijtc-723	120	22	more	more	ADJ
ijtc-723	120	23	than	than	ADP
ijtc-723	120	24	180	180	NUM
ijtc-723	120	25	days	day	NOUN
ijtc-723	120	26	.	.	PUNCT
ijtc-723	121	1	https://www.ilomata.org/index.php/ijtc	https://www.ilomata.org/index.php/ijtc	ADJ
ijtc-723	121	2	application	application	NOUN
ijtc-723	121	3	of	of	ADP
ijtc-723	121	4	ifrs	ifrs	PROPN
ijtc-723	121	5	9	9	NUM
ijtc-723	121	6	financial	financial	ADJ
ijtc-723	121	7	instruments	instrument	NOUN
ijtc-723	121	8	and	and	CCONJ
ijtc-723	121	9	the	the	DET
ijtc-723	121	10	exposure	exposure	NOUN
ijtc-723	121	11	to	to	ADP
ijtc-723	121	12	credit	credit	NOUN
ijtc-723	121	13	risk	risk	NOUN
ijtc-723	121	14	(	(	PUNCT
ijtc-723	121	15	case	case	NOUN
ijtc-723	121	16	study	study	NOUN
ijtc-723	121	17	in	in	ADP
ijtc-723	121	18	ecuador	ecuador	PROPN
ijtc-723	121	19	)	)	PUNCT
ijtc-723	121	20	orellana	orellana	PROPN
ijtc-723	121	21	and	and	CCONJ
ijtc-723	121	22	rabanal	rabanal	VERB
ijtc-723	121	23	331	331	NUM
ijtc-723	121	24	|	|	ADV
ijtc-723	121	25	ilomata	ilomata	PROPN
ijtc-723	121	26	international	international	ADJ
ijtc-723	121	27	journal	journal	NOUN
ijtc-723	121	28	of	of	ADP
ijtc-723	121	29	tax	tax	PROPN
ijtc-723	121	30	&	&	CCONJ
ijtc-723	121	31	accounting	accounting	PROPN
ijtc-723	121	32	https://www.ilomata.org/index.php/ijtc	https://www.ilomata.org/index.php/ijtc	PROPN
ijtc-723	121	33	according	accord	VERB
ijtc-723	121	34	to	to	ADP
ijtc-723	121	35	the	the	DET
ijtc-723	121	36	company	company	NOUN
ijtc-723	121	37	's	's	PART
ijtc-723	121	38	policy	policy	NOUN
ijtc-723	121	39	,	,	PUNCT
ijtc-723	121	40	it	it	PRON
ijtc-723	121	41	is	be	AUX
ijtc-723	121	42	determined	determine	VERB
ijtc-723	121	43	that	that	SCONJ
ijtc-723	121	44	the	the	DET
ijtc-723	121	45	risk	risk	NOUN
ijtc-723	121	46	of	of	ADP
ijtc-723	121	47	inconvenience	inconvenience	NOUN
ijtc-723	121	48	increases	increase	VERB
ijtc-723	121	49	after	after	ADP
ijtc-723	121	50	60	60	NUM
ijtc-723	121	51	days	day	NOUN
ijtc-723	121	52	of	of	ADP
ijtc-723	121	53	delinquency	delinquency	NOUN
ijtc-723	121	54	,	,	PUNCT
ijtc-723	121	55	which	which	PRON
ijtc-723	121	56	in	in	ADP
ijtc-723	121	57	this	this	DET
ijtc-723	121	58	portfolio	portfolio	NOUN
ijtc-723	121	59	represents	represent	VERB
ijtc-723	121	60	33	33	NUM
ijtc-723	121	61	%	%	NOUN
ijtc-723	121	62	of	of	ADP
ijtc-723	121	63	the	the	DET
ijtc-723	121	64	total	total	ADJ
ijtc-723	121	65	number	number	NOUN
ijtc-723	121	66	of	of	ADP
ijtc-723	121	67	customers	customer	NOUN
ijtc-723	121	68	.	.	PUNCT
ijtc-723	122	1	note	note	VERB
ijtc-723	122	2	that	that	SCONJ
ijtc-723	122	3	55	55	NUM
ijtc-723	122	4	%	%	NOUN
ijtc-723	122	5	of	of	ADP
ijtc-723	122	6	the	the	DET
ijtc-723	122	7	portfolio	portfolio	NOUN
ijtc-723	122	8	migrated	migrate	VERB
ijtc-723	122	9	from	from	ADP
ijtc-723	122	10	higher	high	ADJ
ijtc-723	122	11	to	to	ADP
ijtc-723	122	12	lower	low	ADJ
ijtc-723	122	13	ratings	rating	NOUN
ijtc-723	122	14	,	,	PUNCT
ijtc-723	122	15	or	or	CCONJ
ijtc-723	122	16	remained	remain	VERB
ijtc-723	122	17	at	at	ADP
ijtc-723	122	18	low	low	ADJ
ijtc-723	122	19	ratings	rating	NOUN
ijtc-723	122	20	,	,	PUNCT
ijtc-723	122	21	while	while	SCONJ
ijtc-723	122	22	the	the	DET
ijtc-723	122	23	other	other	ADJ
ijtc-723	122	24	45	45	NUM
ijtc-723	122	25	%	%	NOUN
ijtc-723	122	26	remained	remain	VERB
ijtc-723	122	27	at	at	ADP
ijtc-723	122	28	high	high	ADJ
ijtc-723	122	29	ratings	rating	NOUN
ijtc-723	122	30	or	or	CCONJ
ijtc-723	122	31	migrated	migrate	VERB
ijtc-723	122	32	from	from	ADP
ijtc-723	122	33	low	low	ADJ
ijtc-723	122	34	to	to	ADP
ijtc-723	122	35	high	high	ADJ
ijtc-723	122	36	ratings	rating	NOUN
ijtc-723	122	37	.	.	PUNCT
ijtc-723	123	1	definition	definition	NOUN
ijtc-723	123	2	of	of	ADP
ijtc-723	123	3	variables	variable	NOUN
ijtc-723	123	4	the	the	DET
ijtc-723	123	5	dependent	dependent	ADJ
ijtc-723	123	6	variable	variable	NOUN
ijtc-723	123	7	of	of	ADP
ijtc-723	123	8	this	this	DET
ijtc-723	123	9	research	research	NOUN
ijtc-723	123	10	that	that	PRON
ijtc-723	123	11	will	will	AUX
ijtc-723	123	12	be	be	AUX
ijtc-723	123	13	explained	explain	VERB
ijtc-723	123	14	by	by	ADP
ijtc-723	123	15	the	the	DET
ijtc-723	123	16	binary	binary	PROPN
ijtc-723	123	17	logistic	logistic	PROPN
ijtc-723	123	18	regression	regression	NOUN
ijtc-723	123	19	model	model	NOUN
ijtc-723	123	20	is	be	AUX
ijtc-723	123	21	the	the	DET
ijtc-723	123	22	probability	probability	NOUN
ijtc-723	123	23	of	of	ADP
ijtc-723	123	24	default	default	NOUN
ijtc-723	123	25	of	of	ADP
ijtc-723	123	26	the	the	DET
ijtc-723	123	27	clients	client	NOUN
ijtc-723	123	28	of	of	ADP
ijtc-723	123	29	the	the	DET
ijtc-723	123	30	non	non	ADJ
ijtc-723	123	31	-	-	ADJ
ijtc-723	123	32	financial	financial	ADJ
ijtc-723	123	33	company	company	NOUN
ijtc-723	123	34	;	;	PUNCT
ijtc-723	123	35	therefore	therefore	ADV
ijtc-723	123	36	,	,	PUNCT
ijtc-723	123	37	for	for	ADP
ijtc-723	123	38	the	the	DET
ijtc-723	123	39	construction	construction	NOUN
ijtc-723	123	40	of	of	ADP
ijtc-723	123	41	the	the	DET
ijtc-723	123	42	dependent	dependent	ADJ
ijtc-723	123	43	variable	variable	NOUN
ijtc-723	123	44	,	,	PUNCT
ijtc-723	123	45	its	its	PRON
ijtc-723	123	46	accounting	accounting	NOUN
ijtc-723	123	47	policies	policy	NOUN
ijtc-723	123	48	have	have	AUX
ijtc-723	123	49	been	be	AUX
ijtc-723	123	50	considered	consider	VERB
ijtc-723	123	51	,	,	PUNCT
ijtc-723	123	52	where	where	SCONJ
ijtc-723	123	53	it	it	PRON
ijtc-723	123	54	has	have	AUX
ijtc-723	123	55	been	be	AUX
ijtc-723	123	56	defined	define	VERB
ijtc-723	123	57	that	that	SCONJ
ijtc-723	123	58	the	the	DET
ijtc-723	123	59	maximum	maximum	ADJ
ijtc-723	123	60	time	time	NOUN
ijtc-723	123	61	for	for	SCONJ
ijtc-723	123	62	its	its	PRON
ijtc-723	123	63	clients	client	NOUN
ijtc-723	123	64	to	to	PART
ijtc-723	123	65	pay	pay	VERB
ijtc-723	123	66	the	the	DET
ijtc-723	123	67	outstanding	outstanding	ADJ
ijtc-723	123	68	amounts	amount	NOUN
ijtc-723	123	69	to	to	PART
ijtc-723	123	70	be	be	AUX
ijtc-723	123	71	collected	collect	VERB
ijtc-723	123	72	is	be	AUX
ijtc-723	123	73	60	60	NUM
ijtc-723	123	74	days	day	NOUN
ijtc-723	123	75	.	.	PUNCT
ijtc-723	124	1	this	this	PRON
ijtc-723	124	2	means	mean	VERB
ijtc-723	124	3	that	that	SCONJ
ijtc-723	124	4	all	all	DET
ijtc-723	124	5	unpaid	unpaid	ADJ
ijtc-723	124	6	invoices	invoice	NOUN
ijtc-723	124	7	above	above	ADP
ijtc-723	124	8	the	the	DET
ijtc-723	124	9	established	establish	VERB
ijtc-723	124	10	limit	limit	NOUN
ijtc-723	124	11	represent	represent	VERB
ijtc-723	124	12	a	a	DET
ijtc-723	124	13	greater	great	ADJ
ijtc-723	124	14	risk	risk	NOUN
ijtc-723	124	15	for	for	ADP
ijtc-723	124	16	the	the	DET
ijtc-723	124	17	company	company	NOUN
ijtc-723	124	18	of	of	ADP
ijtc-723	124	19	uncollectability	uncollectability	NOUN
ijtc-723	124	20	of	of	ADP
ijtc-723	124	21	accounts	account	NOUN
ijtc-723	124	22	receivable	receivable	ADJ
ijtc-723	124	23	,	,	PUNCT
ijtc-723	124	24	therefore	therefore	ADV
ijtc-723	124	25	,	,	PUNCT
ijtc-723	124	26	customers	customer	NOUN
ijtc-723	124	27	who	who	PRON
ijtc-723	124	28	have	have	AUX
ijtc-723	124	29	exceeded	exceed	VERB
ijtc-723	124	30	60	60	NUM
ijtc-723	124	31	days	day	NOUN
ijtc-723	124	32	past	past	ADJ
ijtc-723	124	33	due	due	ADJ
ijtc-723	124	34	will	will	AUX
ijtc-723	124	35	be	be	AUX
ijtc-723	124	36	assigned	assign	VERB
ijtc-723	124	37	a	a	DET
ijtc-723	124	38	value	value	NOUN
ijtc-723	124	39	of	of	ADP
ijtc-723	124	40	(	(	PUNCT
ijtc-723	124	41	1	1	NUM
ijtc-723	124	42	)	)	PUNCT
ijtc-723	124	43	and	and	CCONJ
ijtc-723	124	44	those	those	DET
ijtc-723	124	45	under	under	ADP
ijtc-723	124	46	60	60	NUM
ijtc-723	124	47	days	day	NOUN
ijtc-723	124	48	will	will	AUX
ijtc-723	124	49	be	be	AUX
ijtc-723	124	50	assigned	assign	VERB
ijtc-723	124	51	a	a	DET
ijtc-723	124	52	value	value	NOUN
ijtc-723	124	53	of	of	ADP
ijtc-723	124	54	(	(	PUNCT
ijtc-723	124	55	0	0	NUM
ijtc-723	124	56	)	)	PUNCT
ijtc-723	124	57	.	.	PUNCT
ijtc-723	125	1	the	the	DET
ijtc-723	125	2	independent	independent	ADJ
ijtc-723	125	3	variables	variable	NOUN
ijtc-723	125	4	focus	focus	VERB
ijtc-723	125	5	on	on	ADP
ijtc-723	125	6	the	the	DET
ijtc-723	125	7	information	information	NOUN
ijtc-723	125	8	obtained	obtain	VERB
ijtc-723	125	9	from	from	ADP
ijtc-723	125	10	the	the	DET
ijtc-723	125	11	public	public	ADJ
ijtc-723	125	12	financial	financial	ADJ
ijtc-723	125	13	statements	statement	NOUN
ijtc-723	125	14	presented	present	VERB
ijtc-723	125	15	by	by	ADP
ijtc-723	125	16	these	these	DET
ijtc-723	125	17	companies	company	NOUN
ijtc-723	125	18	,	,	PUNCT
ijtc-723	125	19	obtaining	obtain	VERB
ijtc-723	125	20	financial	financial	ADJ
ijtc-723	125	21	ratios	ratio	NOUN
ijtc-723	125	22	such	such	ADJ
ijtc-723	125	23	as	as	ADP
ijtc-723	125	24	:	:	PUNCT
ijtc-723	125	25	current	current	ADJ
ijtc-723	125	26	liquidity	liquidity	NOUN
ijtc-723	125	27	,	,	PUNCT
ijtc-723	125	28	equity	equity	NOUN
ijtc-723	125	29	indebtedness	indebtedness	NOUN
ijtc-723	125	30	,	,	PUNCT
ijtc-723	125	31	leverage	leverage	NOUN
ijtc-723	125	32	,	,	PUNCT
ijtc-723	125	33	portfolio	portfolio	NOUN
ijtc-723	125	34	turnover	turnover	NOUN
ijtc-723	125	35	,	,	PUNCT
ijtc-723	125	36	gross	gross	ADJ
ijtc-723	125	37	margin	margin	NOUN
ijtc-723	125	38	,	,	PUNCT
ijtc-723	125	39	size	size	NOUN
ijtc-723	125	40	of	of	ADP
ijtc-723	125	41	the	the	DET
ijtc-723	125	42	client	client	NOUN
ijtc-723	125	43	company	company	NOUN
ijtc-723	125	44	,	,	PUNCT
ijtc-723	125	45	participation	participation	NOUN
ijtc-723	125	46	according	accord	VERB
ijtc-723	125	47	to	to	ADP
ijtc-723	125	48	client	client	NOUN
ijtc-723	125	49	activities	activity	NOUN
ijtc-723	125	50	,	,	PUNCT
ijtc-723	125	51	as	as	ADV
ijtc-723	125	52	well	well	ADV
ijtc-723	125	53	as	as	ADP
ijtc-723	125	54	qualitative	qualitative	ADJ
ijtc-723	125	55	information	information	NOUN
ijtc-723	125	56	on	on	ADP
ijtc-723	125	57	the	the	DET
ijtc-723	125	58	state	state	NOUN
ijtc-723	125	59	of	of	ADP
ijtc-723	125	60	tax	tax	NOUN
ijtc-723	125	61	compliance	compliance	NOUN
ijtc-723	125	62	,	,	PUNCT
ijtc-723	125	63	the	the	DET
ijtc-723	125	64	state	state	NOUN
ijtc-723	125	65	of	of	ADP
ijtc-723	125	66	compliance	compliance	NOUN
ijtc-723	125	67	with	with	ADP
ijtc-723	125	68	social	social	ADJ
ijtc-723	125	69	security	security	NOUN
ijtc-723	125	70	,	,	PUNCT
ijtc-723	125	71	the	the	DET
ijtc-723	125	72	state	state	NOUN
ijtc-723	125	73	of	of	ADP
ijtc-723	125	74	corporate	corporate	ADJ
ijtc-723	125	75	compliance	compliance	NOUN
ijtc-723	125	76	,	,	PUNCT
ijtc-723	125	77	the	the	DET
ijtc-723	125	78	existence	existence	NOUN
ijtc-723	125	79	of	of	ADP
ijtc-723	125	80	audits	audits	NOUN
ijtc-723	125	81	and	and	CCONJ
ijtc-723	125	82	the	the	DET
ijtc-723	125	83	current	current	ADJ
ijtc-723	125	84	state	state	NOUN
ijtc-723	125	85	of	of	ADP
ijtc-723	125	86	the	the	DET
ijtc-723	125	87	company	company	NOUN
ijtc-723	125	88	.	.	PUNCT
ijtc-723	126	1	the	the	DET
ijtc-723	126	2	model	model	NOUN
ijtc-723	126	3	the	the	DET
ijtc-723	126	4	statistical	statistical	ADJ
ijtc-723	126	5	model	model	NOUN
ijtc-723	126	6	was	be	AUX
ijtc-723	126	7	performed	perform	VERB
ijtc-723	126	8	using	use	VERB
ijtc-723	126	9	binary	binary	ADJ
ijtc-723	126	10	logistic	logistic	ADJ
ijtc-723	126	11	regression	regression	NOUN
ijtc-723	126	12	,	,	PUNCT
ijtc-723	126	13	which	which	PRON
ijtc-723	126	14	is	be	AUX
ijtc-723	126	15	a	a	DET
ijtc-723	126	16	mathematical	mathematical	ADJ
ijtc-723	126	17	technique	technique	NOUN
ijtc-723	126	18	that	that	PRON
ijtc-723	126	19	aims	aim	VERB
ijtc-723	126	20	to	to	PART
ijtc-723	126	21	model	model	VERB
ijtc-723	126	22	the	the	DET
ijtc-723	126	23	relationship	relationship	NOUN
ijtc-723	126	24	between	between	ADP
ijtc-723	126	25	a	a	DET
ijtc-723	126	26	variable	variable	ADJ
ijtc-723	126	27	or	or	CCONJ
ijtc-723	126	28	dependent	dependent	ADJ
ijtc-723	126	29	variable	variable	NOUN
ijtc-723	126	30	,	,	PUNCT
ijtc-723	126	31	depending	depend	VERB
ijtc-723	126	32	on	on	ADP
ijtc-723	126	33	the	the	DET
ijtc-723	126	34	independent	independent	ADJ
ijtc-723	126	35	variables	variable	NOUN
ijtc-723	126	36	(	(	PUNCT
ijtc-723	126	37	i),𝑌𝑋	i),𝑌𝑋	ADV
ijtc-723	126	38	therefore	therefore	ADV
ijtc-723	126	39	,	,	PUNCT
ijtc-723	126	40	it	it	PRON
ijtc-723	126	41	seeks	seek	VERB
ijtc-723	126	42	to	to	PART
ijtc-723	126	43	predict	predict	VERB
ijtc-723	126	44	the	the	DET
ijtc-723	126	45	probability	probability	NOUN
ijtc-723	126	46	of	of	ADP
ijtc-723	126	47	occurrence	occurrence	NOUN
ijtc-723	126	48	of	of	ADP
ijtc-723	126	49	knowing	know	VERB
ijtc-723	126	50	the	the	DET
ijtc-723	126	51	values	value	NOUN
ijtc-723	126	52	of	of	ADP
ijtc-723	126	53	(	(	PUNCT
ijtc-723	126	54	𝑌𝑋i	𝑌𝑋i	PROPN
ijtc-723	126	55	)	)	PUNCT
ijtc-723	126	56	,	,	PUNCT
ijtc-723	126	57	the	the	DET
ijtc-723	126	58	starting	start	VERB
ijtc-723	126	59	equation	equation	NOUN
ijtc-723	126	60	of	of	ADP
ijtc-723	126	61	logistic	logistic	ADJ
ijtc-723	126	62	regression	regression	NOUN
ijtc-723	126	63	is	be	AUX
ijtc-723	126	64	:	:	PUNCT
ijtc-723	126	65	𝑃(𝑌	𝑃(𝑌	X
ijtc-723	126	66	=	=	SYM
ijtc-723	126	67	1|𝑋	1|𝑋	NUM
ijtc-723	126	68	)	)	PUNCT
ijtc-723	126	69	=	=	SYM
ijtc-723	126	70	𝑒𝑥𝑝(𝑏0+∑	𝑒𝑥𝑝(𝑏0+∑	NOUN
ijtc-723	126	71	𝑏1𝑥𝑖	𝑏1𝑥𝑖	VERB
ijtc-723	126	72	𝑛	𝑛	PROPN
ijtc-723	126	73	𝑖=1	𝑖=1	PUNCT
ijtc-723	126	74	)	)	PUNCT
ijtc-723	126	75	1	1	NUM
ijtc-723	127	1	+	+	CCONJ
ijtc-723	127	2	𝑒𝑥𝑝(𝑏0+∑	𝑒𝑥𝑝(𝑏0+∑	NOUN
ijtc-723	127	3	𝑏1𝑥𝑖	𝑏1𝑥𝑖	NOUN
ijtc-723	127	4	𝑛	𝑛	PROPN
ijtc-723	127	5	𝑖=1	𝑖=1	PUNCT
ijtc-723	127	6	)	)	PUNCT
ijtc-723	127	7	•	•	NUM
ijtc-723	127	8	𝑃(𝑌	𝑃(𝑌	NOUN
ijtc-723	127	9	=	=	SYM
ijtc-723	127	10	1|𝑋	1|𝑋	NUM
ijtc-723	127	11	):	):	PUNCT
ijtc-723	127	12	is	be	AUX
ijtc-723	127	13	the	the	DET
ijtc-723	127	14	probability	probability	NOUN
ijtc-723	127	15	that	that	PRON
ijtc-723	127	16	takes	take	VERB
ijtc-723	127	17	the	the	DET
ijtc-723	127	18	value	value	NOUN
ijtc-723	127	19	1	1	NUM
ijtc-723	127	20	(	(	PUNCT
ijtc-723	127	21	presence	presence	NOUN
ijtc-723	127	22	of	of	ADP
ijtc-723	127	23	the	the	DET
ijtc-723	127	24	studied	study	VERB
ijtc-723	127	25	characteristic	characteristic	ADJ
ijtc-723	127	26	𝑌	𝑌	PROPN
ijtc-723	127	27	)	)	PUNCT
ijtc-723	127	28	.	.	PUNCT
ijtc-723	128	1	•	•	NOUN
ijtc-723	128	2	𝑋	𝑋	PROPN
ijtc-723	128	3	is	be	AUX
ijtc-723	128	4	a	a	DET
ijtc-723	128	5	set	set	NOUN
ijtc-723	128	6	of	of	ADP
ijtc-723	128	7	n	n	NUM
ijtc-723	128	8	covariates	covariate	VERB
ijtc-723	129	1	x1	x1	PROPN
ijtc-723	129	2	....	....	PUNCT
ijtc-723	129	3	xn	xn	PROPN
ijtc-723	130	1	that	that	PRON
ijtc-723	130	2	are	be	AUX
ijtc-723	130	3	part	part	NOUN
ijtc-723	130	4	of	of	ADP
ijtc-723	130	5	the	the	DET
ijtc-723	130	6	model	model	NOUN
ijtc-723	130	7	•	•	NOUN
ijtc-723	130	8	𝑏0	𝑏0	NOUN
ijtc-723	130	9	is	be	AUX
ijtc-723	130	10	the	the	DET
ijtc-723	130	11	constant	constant	ADJ
ijtc-723	130	12	model	model	NOUN
ijtc-723	130	13	or	or	CCONJ
ijtc-723	130	14	independent	independent	ADJ
ijtc-723	130	15	term	term	NOUN
ijtc-723	130	16	•	•	NOUN
ijtc-723	130	17	𝑏i	𝑏i	AUX
ijtc-723	130	18	represent	represent	VERB
ijtc-723	130	19	the	the	DET
ijtc-723	130	20	coefficients	coefficient	NOUN
ijtc-723	130	21	of	of	ADP
ijtc-723	130	22	the	the	DET
ijtc-723	130	23	covariates	covariate	NOUN
ijtc-723	130	24	we	we	PRON
ijtc-723	130	25	divide	divide	VERB
ijtc-723	130	26	the	the	DET
ijtc-723	130	27	expression	expression	NOUN
ijtc-723	130	28	by	by	ADP
ijtc-723	130	29	its	its	PRON
ijtc-723	130	30	complementarity	complementarity	NOUN
ijtc-723	130	31	,	,	PUNCT
ijtc-723	130	32	obtaining	obtain	VERB
ijtc-723	130	33	a	a	DET
ijtc-723	130	34	much	much	ADV
ijtc-723	130	35	easier	easy	ADJ
ijtc-723	130	36	expression	expression	NOUN
ijtc-723	130	37	to	to	PART
ijtc-723	130	38	handle	handle	VERB
ijtc-723	130	39	mathematically	mathematically	ADV
ijtc-723	130	40	:	:	PUNCT
ijtc-723	130	41	𝑃(𝑌	𝑃(𝑌	X
ijtc-723	130	42	=	=	SYM
ijtc-723	130	43	1|𝑋	1|𝑋	NUM
ijtc-723	130	44	)	)	PUNCT
ijtc-723	130	45	1	1	NUM
ijtc-723	130	46	−	−	NOUN
ijtc-723	130	47	𝑃(𝑌	𝑃(𝑌	NOUN
ijtc-723	130	48	=	=	SYM
ijtc-723	130	49	1|𝑋	1|𝑋	NUM
ijtc-723	130	50	)	)	PUNCT
ijtc-723	130	51	=	=	SYM
ijtc-723	130	52	𝑒𝑥𝑝(𝑏0+∑	𝑒𝑥𝑝(𝑏0+∑	NOUN
ijtc-723	130	53	𝑏1𝑥𝑖	𝑏1𝑥𝑖	VERB
ijtc-723	130	54	𝑛	𝑛	PROPN
ijtc-723	130	55	𝑖=1	𝑖=1	PROPN
ijtc-723	130	56	)	)	PUNCT
ijtc-723	130	57	https://www.ilomata.org/index.php/ijtc	https://www.ilomata.org/index.php/ijtc	ADJ
ijtc-723	130	58	application	application	NOUN
ijtc-723	130	59	of	of	ADP
ijtc-723	130	60	ifrs	ifrs	PROPN
ijtc-723	130	61	9	9	NUM
ijtc-723	130	62	financial	financial	ADJ
ijtc-723	130	63	instruments	instrument	NOUN
ijtc-723	130	64	and	and	CCONJ
ijtc-723	130	65	the	the	DET
ijtc-723	130	66	exposure	exposure	NOUN
ijtc-723	130	67	to	to	ADP
ijtc-723	130	68	credit	credit	NOUN
ijtc-723	130	69	risk	risk	NOUN
ijtc-723	130	70	(	(	PUNCT
ijtc-723	130	71	case	case	NOUN
ijtc-723	130	72	study	study	NOUN
ijtc-723	130	73	in	in	ADP
ijtc-723	130	74	ecuador	ecuador	PROPN
ijtc-723	130	75	)	)	PUNCT
ijtc-723	131	1	orellana	orellana	PROPN
ijtc-723	131	2	and	and	CCONJ
ijtc-723	131	3	rabanal	rabanal	VERB
ijtc-723	131	4	332	332	NUM
ijtc-723	131	5	|	|	ADV
ijtc-723	131	6	ilomata	ilomata	PROPN
ijtc-723	131	7	international	international	ADJ
ijtc-723	131	8	journal	journal	NOUN
ijtc-723	131	9	of	of	ADP
ijtc-723	131	10	tax	tax	PROPN
ijtc-723	131	11	&	&	CCONJ
ijtc-723	131	12	accounting	accounting	PROPN
ijtc-723	131	13	https://www.ilomata.org/index.php/ijtc	https://www.ilomata.org/index.php/ijtc	PROPN
ijtc-723	131	14	however	however	ADV
ijtc-723	131	15	,	,	PUNCT
ijtc-723	131	16	it	it	PRON
ijtc-723	131	17	is	be	AUX
ijtc-723	131	18	more	more	ADV
ijtc-723	131	19	difficult	difficult	ADJ
ijtc-723	131	20	to	to	PART
ijtc-723	131	21	interpret	interpret	VERB
ijtc-723	131	22	,	,	PUNCT
ijtc-723	131	23	so	so	ADV
ijtc-723	131	24	finally	finally	ADV
ijtc-723	131	25	a	a	DET
ijtc-723	131	26	transformation	transformation	NOUN
ijtc-723	131	27	is	be	AUX
ijtc-723	131	28	made	make	VERB
ijtc-723	131	29	with	with	ADP
ijtc-723	131	30	the	the	DET
ijtc-723	131	31	natural	natural	ADJ
ijtc-723	131	32	logarithm	logarithm	NOUN
ijtc-723	131	33	to	to	PART
ijtc-723	131	34	obtain	obtain	VERB
ijtc-723	131	35	an	an	DET
ijtc-723	131	36	equation	equation	NOUN
ijtc-723	131	37	of	of	ADP
ijtc-723	131	38	linear	linear	ADJ
ijtc-723	131	39	type	type	NOUN
ijtc-723	131	40	.	.	PUNCT
ijtc-723	132	1	ln	ln	NOUN
ijtc-723	132	2	(	(	PUNCT
ijtc-723	132	3	𝑃(𝑌	𝑃(𝑌	X
ijtc-723	132	4	=	=	SYM
ijtc-723	132	5	1|𝑋	1|𝑋	NUM
ijtc-723	132	6	)	)	PUNCT
ijtc-723	132	7	1	1	NUM
ijtc-723	132	8	−	−	NOUN
ijtc-723	132	9	𝑃(𝑌	𝑃(𝑌	NOUN
ijtc-723	132	10	=	=	SYM
ijtc-723	132	11	1|𝑋	1|𝑋	NUM
ijtc-723	132	12	)	)	PUNCT
ijtc-723	132	13	)	)	PUNCT
ijtc-723	133	1	=	=	SYM
ijtc-723	133	2	𝑏0	𝑏0	PROPN
ijtc-723	133	3	+	+	CCONJ
ijtc-723	133	4	∑	∑	PROPN
ijtc-723	133	5	𝑏1𝑥𝑖	𝑏1𝑥𝑖	PROPN
ijtc-723	133	6	𝑛	𝑛	PROPN
ijtc-723	133	7	𝑖=1	𝑖=1	PROPN
ijtc-723	133	8	the	the	DET
ijtc-723	133	9	estimate	estimate	NOUN
ijtc-723	133	10	of	of	ADP
ijtc-723	133	11	the	the	DET
ijtc-723	133	12	expected	expect	VERB
ijtc-723	133	13	loss	loss	NOUN
ijtc-723	133	14	for	for	ADP
ijtc-723	133	15	a	a	DET
ijtc-723	133	16	portfolio	portfolio	NOUN
ijtc-723	133	17	can	can	AUX
ijtc-723	133	18	be	be	AUX
ijtc-723	133	19	calculated	calculate	VERB
ijtc-723	133	20	using	use	VERB
ijtc-723	133	21	the	the	DET
ijtc-723	133	22	following	follow	VERB
ijtc-723	133	23	formula	formula	NOUN
ijtc-723	133	24	:	:	PUNCT
ijtc-723	133	25	𝐸𝐶𝐿	𝐸𝐶𝐿	PROPN
ijtc-723	133	26	=	=	SYM
ijtc-723	133	27	𝑃𝐷	𝑃𝐷	PROPN
ijtc-723	133	28	∗	∗	VERB
ijtc-723	133	29	𝐿𝐺𝐷	𝐿𝐺𝐷	PROPN
ijtc-723	133	30	∗	∗	NOUN
ijtc-723	133	31	𝐸𝐴𝐷	𝐸𝐴𝐷	PROPN
ijtc-723	133	32	𝐸𝐶𝐿	𝐸𝐶𝐿	PROPN
ijtc-723	133	33	:	:	PUNCT
ijtc-723	133	34	expected	expect	VERB
ijtc-723	133	35	credit	credit	NOUN
ijtc-723	133	36	loss	loss	NOUN
ijtc-723	133	37	𝑃𝐷	𝑃𝐷	PROPN
ijtc-723	133	38	:	:	PUNCT
ijtc-723	133	39	probability	probability	NOUN
ijtc-723	133	40	of	of	ADP
ijtc-723	133	41	default	default	NOUN
ijtc-723	133	42	𝐿𝐺𝐷	𝐿𝐺𝐷	NOUN
ijtc-723	133	43	:	:	PUNCT
ijtc-723	133	44	loss	loss	NOUN
ijtc-723	133	45	given	give	VERB
ijtc-723	133	46	default	default	NOUN
ijtc-723	133	47	𝐸𝐴𝐷	𝐸𝐴𝐷	PROPN
ijtc-723	133	48	:	:	PUNCT
ijtc-723	133	49	portfolio	portfolio	NOUN
ijtc-723	133	50	exposure	exposure	NOUN
ijtc-723	133	51	the	the	DET
ijtc-723	133	52	probability	probability	NOUN
ijtc-723	133	53	of	of	ADP
ijtc-723	133	54	default	default	NOUN
ijtc-723	133	55	(	(	PUNCT
ijtc-723	133	56	pd	pd	NOUN
ijtc-723	133	57	)	)	PUNCT
ijtc-723	133	58	is	be	AUX
ijtc-723	133	59	the	the	DET
ijtc-723	133	60	likelihood	likelihood	NOUN
ijtc-723	133	61	that	that	SCONJ
ijtc-723	133	62	a	a	DET
ijtc-723	133	63	borrower	borrower	NOUN
ijtc-723	133	64	or	or	CCONJ
ijtc-723	133	65	counterparty	counterparty	NOUN
ijtc-723	133	66	will	will	AUX
ijtc-723	133	67	default	default	VERB
ijtc-723	133	68	within	within	ADP
ijtc-723	133	69	a	a	DET
ijtc-723	133	70	given	give	VERB
ijtc-723	133	71	time	time	NOUN
ijtc-723	133	72	period	period	NOUN
ijtc-723	133	73	.	.	PUNCT
ijtc-723	134	1	this	this	PRON
ijtc-723	134	2	is	be	AUX
ijtc-723	134	3	typically	typically	ADV
ijtc-723	134	4	estimated	estimate	VERB
ijtc-723	134	5	using	use	VERB
ijtc-723	134	6	statistical	statistical	ADJ
ijtc-723	134	7	models	model	NOUN
ijtc-723	134	8	that	that	PRON
ijtc-723	134	9	take	take	VERB
ijtc-723	134	10	into	into	ADP
ijtc-723	134	11	account	account	NOUN
ijtc-723	134	12	a	a	DET
ijtc-723	134	13	range	range	NOUN
ijtc-723	134	14	of	of	ADP
ijtc-723	134	15	factors	factor	NOUN
ijtc-723	134	16	such	such	ADJ
ijtc-723	134	17	as	as	ADP
ijtc-723	134	18	the	the	DET
ijtc-723	134	19	borrower	borrower	NOUN
ijtc-723	134	20	's	's	PART
ijtc-723	134	21	credit	credit	NOUN
ijtc-723	134	22	history	history	NOUN
ijtc-723	134	23	,	,	PUNCT
ijtc-723	134	24	financial	financial	ADJ
ijtc-723	134	25	ratios	ratio	NOUN
ijtc-723	134	26	,	,	PUNCT
ijtc-723	134	27	industry	industry	NOUN
ijtc-723	134	28	sector	sector	NOUN
ijtc-723	134	29	,	,	PUNCT
ijtc-723	134	30	macroeconomic	macroeconomic	ADJ
ijtc-723	134	31	conditions	condition	NOUN
ijtc-723	134	32	,	,	PUNCT
ijtc-723	134	33	etc	etc	X
ijtc-723	134	34	.	.	X
ijtc-723	135	1	the	the	DET
ijtc-723	135	2	loss	loss	NOUN
ijtc-723	135	3	given	give	VERB
ijtc-723	135	4	default	default	NOUN
ijtc-723	135	5	(	(	PUNCT
ijtc-723	135	6	lgd	lgd	PROPN
ijtc-723	135	7	)	)	PUNCT
ijtc-723	135	8	is	be	AUX
ijtc-723	135	9	the	the	DET
ijtc-723	135	10	proportion	proportion	NOUN
ijtc-723	135	11	of	of	ADP
ijtc-723	135	12	the	the	DET
ijtc-723	135	13	outstanding	outstanding	ADJ
ijtc-723	135	14	balance	balance	NOUN
ijtc-723	135	15	that	that	PRON
ijtc-723	135	16	is	be	AUX
ijtc-723	135	17	lost	lose	VERB
ijtc-723	135	18	in	in	ADP
ijtc-723	135	19	the	the	DET
ijtc-723	135	20	event	event	NOUN
ijtc-723	135	21	of	of	ADP
ijtc-723	135	22	a	a	DET
ijtc-723	135	23	default	default	NOUN
ijtc-723	135	24	.	.	PUNCT
ijtc-723	136	1	this	this	PRON
ijtc-723	136	2	can	can	AUX
ijtc-723	136	3	be	be	AUX
ijtc-723	136	4	estimated	estimate	VERB
ijtc-723	136	5	using	use	VERB
ijtc-723	136	6	historical	historical	ADJ
ijtc-723	136	7	data	datum	NOUN
ijtc-723	136	8	or	or	CCONJ
ijtc-723	136	9	through	through	ADP
ijtc-723	136	10	the	the	DET
ijtc-723	136	11	use	use	NOUN
ijtc-723	136	12	of	of	ADP
ijtc-723	136	13	models	model	NOUN
ijtc-723	136	14	that	that	PRON
ijtc-723	136	15	take	take	VERB
ijtc-723	136	16	into	into	ADP
ijtc-723	136	17	account	account	NOUN
ijtc-723	136	18	factors	factor	NOUN
ijtc-723	136	19	such	such	ADJ
ijtc-723	136	20	as	as	ADP
ijtc-723	136	21	collateral	collateral	NOUN
ijtc-723	136	22	,	,	PUNCT
ijtc-723	136	23	seniority	seniority	NOUN
ijtc-723	136	24	,	,	PUNCT
ijtc-723	136	25	and	and	CCONJ
ijtc-723	136	26	recovery	recovery	NOUN
ijtc-723	136	27	rates	rate	NOUN
ijtc-723	136	28	.	.	PUNCT
ijtc-723	137	1	the	the	DET
ijtc-723	137	2	exposure	exposure	NOUN
ijtc-723	137	3	at	at	ADP
ijtc-723	137	4	default	default	NOUN
ijtc-723	137	5	(	(	PUNCT
ijtc-723	137	6	ead	ead	NOUN
ijtc-723	137	7	)	)	PUNCT
ijtc-723	137	8	is	be	AUX
ijtc-723	137	9	the	the	DET
ijtc-723	137	10	amount	amount	NOUN
ijtc-723	137	11	of	of	ADP
ijtc-723	137	12	exposure	exposure	NOUN
ijtc-723	137	13	to	to	ADP
ijtc-723	137	14	the	the	DET
ijtc-723	137	15	borrower	borrower	NOUN
ijtc-723	137	16	or	or	CCONJ
ijtc-723	137	17	counterparty	counterparty	NOUN
ijtc-723	137	18	at	at	ADP
ijtc-723	137	19	the	the	DET
ijtc-723	137	20	time	time	NOUN
ijtc-723	137	21	of	of	ADP
ijtc-723	137	22	default	default	NOUN
ijtc-723	137	23	.	.	PUNCT
ijtc-723	138	1	this	this	PRON
ijtc-723	138	2	can	can	AUX
ijtc-723	138	3	be	be	AUX
ijtc-723	138	4	estimated	estimate	VERB
ijtc-723	138	5	based	base	VERB
ijtc-723	138	6	on	on	ADP
ijtc-723	138	7	the	the	DET
ijtc-723	138	8	outstanding	outstanding	ADJ
ijtc-723	138	9	balance	balance	NOUN
ijtc-723	138	10	,	,	PUNCT
ijtc-723	138	11	or	or	CCONJ
ijtc-723	138	12	through	through	ADP
ijtc-723	138	13	the	the	DET
ijtc-723	138	14	use	use	NOUN
ijtc-723	138	15	of	of	ADP
ijtc-723	138	16	models	model	NOUN
ijtc-723	138	17	that	that	PRON
ijtc-723	138	18	take	take	VERB
ijtc-723	138	19	into	into	ADP
ijtc-723	138	20	account	account	NOUN
ijtc-723	138	21	factors	factor	NOUN
ijtc-723	138	22	such	such	ADJ
ijtc-723	138	23	as	as	ADP
ijtc-723	138	24	future	future	ADJ
ijtc-723	138	25	drawdowns	drawdown	NOUN
ijtc-723	138	26	,	,	PUNCT
ijtc-723	138	27	collateral	collateral	NOUN
ijtc-723	138	28	,	,	PUNCT
ijtc-723	138	29	and	and	CCONJ
ijtc-723	138	30	other	other	ADJ
ijtc-723	138	31	forms	form	NOUN
ijtc-723	138	32	of	of	ADP
ijtc-723	138	33	credit	credit	NOUN
ijtc-723	138	34	enhancement	enhancement	NOUN
ijtc-723	138	35	.	.	PUNCT
ijtc-723	139	1	by	by	ADP
ijtc-723	139	2	multiplying	multiply	VERB
ijtc-723	139	3	these	these	DET
ijtc-723	139	4	three	three	NUM
ijtc-723	139	5	factors	factor	NOUN
ijtc-723	139	6	together	together	ADV
ijtc-723	139	7	,	,	PUNCT
ijtc-723	139	8	we	we	PRON
ijtc-723	139	9	can	can	AUX
ijtc-723	139	10	estimate	estimate	VERB
ijtc-723	139	11	the	the	DET
ijtc-723	139	12	expected	expect	VERB
ijtc-723	139	13	loss	loss	NOUN
ijtc-723	139	14	for	for	ADP
ijtc-723	139	15	a	a	DET
ijtc-723	139	16	portfolio	portfolio	NOUN
ijtc-723	139	17	.	.	PUNCT
ijtc-723	140	1	this	this	PRON
ijtc-723	140	2	is	be	AUX
ijtc-723	140	3	an	an	DET
ijtc-723	140	4	important	important	ADJ
ijtc-723	140	5	measure	measure	NOUN
ijtc-723	140	6	for	for	ADP
ijtc-723	140	7	banks	bank	NOUN
ijtc-723	140	8	and	and	CCONJ
ijtc-723	140	9	other	other	ADJ
ijtc-723	140	10	financial	financial	ADJ
ijtc-723	140	11	institutions	institution	NOUN
ijtc-723	140	12	,	,	PUNCT
ijtc-723	140	13	as	as	SCONJ
ijtc-723	140	14	it	it	PRON
ijtc-723	140	15	helps	help	VERB
ijtc-723	140	16	to	to	PART
ijtc-723	140	17	inform	inform	VERB
ijtc-723	140	18	their	their	PRON
ijtc-723	140	19	capital	capital	NOUN
ijtc-723	140	20	planning	planning	NOUN
ijtc-723	140	21	and	and	CCONJ
ijtc-723	140	22	risk	risk	NOUN
ijtc-723	140	23	management	management	NOUN
ijtc-723	140	24	activities	activity	NOUN
ijtc-723	140	25	.	.	PUNCT
ijtc-723	141	1	result	result	NOUN
ijtc-723	141	2	and	and	CCONJ
ijtc-723	141	3	discussion	discussion	NOUN
ijtc-723	141	4	the	the	DET
ijtc-723	141	5	"	"	PUNCT
ijtc-723	141	6	enter	enter	NOUN
ijtc-723	141	7	"	"	PUNCT
ijtc-723	141	8	method	method	NOUN
ijtc-723	141	9	was	be	AUX
ijtc-723	141	10	chosen	choose	VERB
ijtc-723	141	11	for	for	ADP
ijtc-723	141	12	the	the	DET
ijtc-723	141	13	binary	binary	PROPN
ijtc-723	141	14	logistic	logistic	PROPN
ijtc-723	141	15	regression	regression	NOUN
ijtc-723	141	16	model	model	NOUN
ijtc-723	141	17	where	where	SCONJ
ijtc-723	141	18	we	we	PRON
ijtc-723	141	19	decide	decide	VERB
ijtc-723	141	20	which	which	PRON
ijtc-723	141	21	variables	variable	NOUN
ijtc-723	141	22	are	be	AUX
ijtc-723	141	23	entered	enter	VERB
ijtc-723	141	24	or	or	CCONJ
ijtc-723	141	25	extracted	extract	VERB
ijtc-723	141	26	from	from	ADP
ijtc-723	141	27	the	the	DET
ijtc-723	141	28	model	model	NOUN
ijtc-723	141	29	,	,	PUNCT
ijtc-723	141	30	through	through	ADP
ijtc-723	141	31	the	the	DET
ijtc-723	141	32	spss	spss	ADJ
ijtc-723	141	33	statistical	statistical	ADJ
ijtc-723	141	34	software	software	NOUN
ijtc-723	141	35	.	.	PUNCT
ijtc-723	142	1	results	result	NOUN
ijtc-723	142	2	in	in	ADP
ijtc-723	142	3	limiting	limit	VERB
ijtc-723	142	4	financial	financial	ADJ
ijtc-723	142	5	expenses	expense	NOUN
ijtc-723	142	6	in	in	ADP
ijtc-723	142	7	each	each	PRON
ijtc-723	142	8	of	of	ADP
ijtc-723	142	9	the	the	DET
ijtc-723	142	10	cases	case	NOUN
ijtc-723	142	11	raised	raise	VERB
ijtc-723	142	12	are	be	AUX
ijtc-723	142	13	shown	show	VERB
ijtc-723	142	14	below	below	ADP
ijtc-723	142	15	:	:	PUNCT
ijtc-723	142	16	table	table	VERB
ijtc-723	142	17	no	no	NOUN
ijtc-723	142	18	.	.	NOUN
ijtc-723	142	19	1	1	NUM
ijtc-723	142	20	omnibus	omnibus	NOUN
ijtc-723	142	21	testing	testing	NOUN
ijtc-723	142	22	of	of	ADP
ijtc-723	142	23	model	model	NOUN
ijtc-723	142	24	coefficients	coefficient	VERB
ijtc-723	142	25	chi	chi	NOUN
ijtc-723	142	26	-	-	PUNCT
ijtc-723	142	27	cuadrado	cuadrado	NOUN
ijtc-723	142	28	gl	gl	PROPN
ijtc-723	142	29	herself	herself	PRON
ijtc-723	142	30	.	.	PUNCT
ijtc-723	143	1	https://www.ilomata.org/index.php/ijtc	https://www.ilomata.org/index.php/ijtc	ADJ
ijtc-723	143	2	application	application	NOUN
ijtc-723	143	3	of	of	ADP
ijtc-723	143	4	ifrs	ifrs	PROPN
ijtc-723	143	5	9	9	NUM
ijtc-723	143	6	financial	financial	ADJ
ijtc-723	143	7	instruments	instrument	NOUN
ijtc-723	143	8	and	and	CCONJ
ijtc-723	143	9	the	the	DET
ijtc-723	143	10	exposure	exposure	NOUN
ijtc-723	143	11	to	to	ADP
ijtc-723	143	12	credit	credit	NOUN
ijtc-723	143	13	risk	risk	NOUN
ijtc-723	143	14	(	(	PUNCT
ijtc-723	143	15	case	case	NOUN
ijtc-723	143	16	study	study	NOUN
ijtc-723	143	17	in	in	ADP
ijtc-723	143	18	ecuador	ecuador	PROPN
ijtc-723	143	19	)	)	PUNCT
ijtc-723	143	20	orellana	orellana	PROPN
ijtc-723	143	21	and	and	CCONJ
ijtc-723	143	22	rabanal	rabanal	VERB
ijtc-723	143	23	333	333	NUM
ijtc-723	143	24	|	|	ADV
ijtc-723	143	25	ilomata	ilomata	PROPN
ijtc-723	143	26	international	international	ADJ
ijtc-723	143	27	journal	journal	NOUN
ijtc-723	143	28	of	of	ADP
ijtc-723	143	29	tax	tax	PROPN
ijtc-723	143	30	&	&	CCONJ
ijtc-723	143	31	accounting	accounting	PROPN
ijtc-723	143	32	https://www.ilomata.org/index.php/ijtc	https://www.ilomata.org/index.php/ijtc	ADJ
ijtc-723	143	33	step	step	NOUN
ijtc-723	143	34	1	1	NUM
ijtc-723	143	35	step	step	NOUN
ijtc-723	143	36	125,913	125,913	NUM
ijtc-723	143	37	11	11	NUM
ijtc-723	143	38	,	,	PUNCT
ijtc-723	143	39	000	000	NUM
ijtc-723	143	40	block	block	VERB
ijtc-723	143	41	125,913	125,913	NUM
ijtc-723	143	42	11	11	NUM
ijtc-723	143	43	,	,	PUNCT
ijtc-723	143	44	000	000	NUM
ijtc-723	144	1	model	model	NOUN
ijtc-723	144	2	125,913	125,913	NUM
ijtc-723	144	3	11	11	NUM
ijtc-723	144	4	,	,	PUNCT
ijtc-723	144	5	000	000	NUM
ijtc-723	144	6	source	source	NOUN
ijtc-723	144	7	:	:	PUNCT
ijtc-723	144	8	research	research	NOUN
ijtc-723	144	9	data	datum	NOUN
ijtc-723	144	10	for	for	ADP
ijtc-723	144	11	step	step	NOUN
ijtc-723	144	12	1	1	NUM
ijtc-723	144	13	of	of	ADP
ijtc-723	144	14	the	the	DET
ijtc-723	144	15	model	model	NOUN
ijtc-723	144	16	,	,	PUNCT
ijtc-723	144	17	the	the	DET
ijtc-723	144	18	statistical	statistical	ADJ
ijtc-723	144	19	efficiency	efficiency	NOUN
ijtc-723	144	20	score	score	NOUN
ijtc-723	144	21	of	of	ADP
ijtc-723	144	22	the	the	DET
ijtc-723	144	23	rao	rao	NOUN
ijtc-723	144	24	indicates	indicate	VERB
ijtc-723	144	25	that	that	SCONJ
ijtc-723	144	26	there	there	PRON
ijtc-723	144	27	is	be	VERB
ijtc-723	144	28	a	a	DET
ijtc-723	144	29	significant	significant	ADJ
ijtc-723	144	30	improvement	improvement	NOUN
ijtc-723	144	31	in	in	ADP
ijtc-723	144	32	predicting	predict	VERB
ijtc-723	144	33	the	the	DET
ijtc-723	144	34	probability	probability	NOUN
ijtc-723	144	35	of	of	ADP
ijtc-723	144	36	occurrence	occurrence	NOUN
ijtc-723	144	37	of	of	ADP
ijtc-723	144	38	the	the	DET
ijtc-723	144	39	categories	category	NOUN
ijtc-723	144	40	of	of	ADP
ijtc-723	144	41	the	the	DET
ijtc-723	144	42	dependent	dependent	ADJ
ijtc-723	144	43	variable	variable	NOUN
ijtc-723	144	44	(	(	PUNCT
ijtc-723	144	45	chi	chi	NOUN
ijtc-723	144	46	-	-	PUNCT
ijtc-723	144	47	squared	square	VERB
ijtc-723	144	48	:	:	PUNCT
ijtc-723	144	49	125.913	125.913	NUM
ijtc-723	144	50	;	;	PUNCT
ijtc-723	144	51	gl	gl	NOUN
ijtc-723	144	52	:	:	PUNCT
ijtc-723	144	53	11	11	NUM
ijtc-723	144	54	;	;	PUNCT
ijtc-723	144	55	p<0.001	p<0.001	X
ijtc-723	144	56	)	)	PUNCT
ijtc-723	144	57	.	.	PUNCT
ijtc-723	145	1	table	table	NOUN
ijtc-723	145	2	no	no	INTJ
ijtc-723	145	3	.	.	NOUN
ijtc-723	145	4	2	2	NUM
ijtc-723	145	5	model	model	NOUN
ijtc-723	145	6	summary	summary	NOUN
ijtc-723	145	7	step	step	NOUN
ijtc-723	145	8	logarithm	logarithm	NOUN
ijtc-723	145	9	of	of	ADP
ijtc-723	145	10	probability	probability	NOUN
ijtc-723	145	11	-2	-2	X
ijtc-723	145	12	cox	cox	PROPN
ijtc-723	145	13	and	and	CCONJ
ijtc-723	145	14	snell	snell	PROPN
ijtc-723	145	15	r	r	NOUN
ijtc-723	145	16	-	-	PUNCT
ijtc-723	145	17	squared	square	VERB
ijtc-723	145	18	nagelkerke	nagelkerke	NOUN
ijtc-723	145	19	rsquared	rsquare	VERB
ijtc-723	145	20	1	1	NUM
ijtc-723	145	21	63.973	63.973	NUM
ijtc-723	145	22	,	,	PUNCT
ijtc-723	145	23	598	598	NUM
ijtc-723	145	24	,	,	PUNCT
ijtc-723	145	25	801	801	NUM
ijtc-723	145	26	source	source	NOUN
ijtc-723	145	27	:	:	PUNCT
ijtc-723	145	28	research	research	NOUN
ijtc-723	145	29	data	datum	NOUN
ijtc-723	145	30	there	there	PRON
ijtc-723	145	31	are	be	VERB
ijtc-723	145	32	two	two	NUM
ijtc-723	145	33	r	r	NOUN
ijtc-723	145	34	-	-	PUNCT
ijtc-723	145	35	squares	square	NOUN
ijtc-723	145	36	in	in	ADP
ijtc-723	145	37	logistic	logistic	ADJ
ijtc-723	145	38	regression	regression	NOUN
ijtc-723	145	39	,	,	PUNCT
ijtc-723	145	40	and	and	CCONJ
ijtc-723	145	41	both	both	PRON
ijtc-723	145	42	are	be	AUX
ijtc-723	145	43	valid	valid	ADJ
ijtc-723	145	44	.	.	PUNCT
ijtc-723	146	1	it	it	PRON
ijtc-723	146	2	is	be	AUX
ijtc-723	146	3	customary	customary	ADJ
ijtc-723	146	4	to	to	PART
ijtc-723	146	5	say	say	VERB
ijtc-723	146	6	that	that	SCONJ
ijtc-723	146	7	the	the	DET
ijtc-723	146	8	part	part	NOUN
ijtc-723	146	9	of	of	ADP
ijtc-723	146	10	the	the	DET
ijtc-723	146	11	dependent	dependent	ADJ
ijtc-723	146	12	variable	variable	NOUN
ijtc-723	146	13	explained	explain	VERB
ijtc-723	146	14	by	by	ADP
ijtc-723	146	15	the	the	DET
ijtc-723	146	16	model	model	NOUN
ijtc-723	146	17	ranges	range	VERB
ijtc-723	146	18	from	from	ADP
ijtc-723	146	19	the	the	DET
ijtc-723	146	20	r	r	NOUN
ijtc-723	146	21	-	-	PUNCT
ijtc-723	146	22	squared	square	VERB
ijtc-723	146	23	cox	cox	NOUN
ijtc-723	146	24	and	and	CCONJ
ijtc-723	146	25	snell	snell	PROPN
ijtc-723	146	26	to	to	ADP
ijtc-723	146	27	the	the	DET
ijtc-723	146	28	r	r	NOUN
ijtc-723	146	29	-	-	PUNCT
ijtc-723	146	30	squared	square	VERB
ijtc-723	146	31	nagelkerke	nagelkerke	NOUN
ijtc-723	146	32	.	.	PUNCT
ijtc-723	147	1	the	the	PRON
ijtc-723	147	2	higher	high	ADJ
ijtc-723	147	3	the	the	DET
ijtc-723	147	4	r	r	NOUN
ijtc-723	147	5	-	-	PUNCT
ijtc-723	147	6	squared	square	VERB
ijtc-723	147	7	,	,	PUNCT
ijtc-723	147	8	the	the	PRON
ijtc-723	147	9	more	more	ADV
ijtc-723	147	10	explanatory	explanatory	ADJ
ijtc-723	147	11	the	the	DET
ijtc-723	147	12	model	model	NOUN
ijtc-723	147	13	,	,	PUNCT
ijtc-723	147	14	consequently	consequently	ADV
ijtc-723	147	15	,	,	PUNCT
ijtc-723	147	16	the	the	DET
ijtc-723	147	17	independent	independent	ADJ
ijtc-723	147	18	variables	variable	NOUN
ijtc-723	147	19	explain	explain	VERB
ijtc-723	147	20	the	the	DET
ijtc-723	147	21	dependent	dependent	ADJ
ijtc-723	147	22	variable	variable	NOUN
ijtc-723	147	23	.	.	PUNCT
ijtc-723	148	1	the	the	DET
ijtc-723	148	2	nagelkerke	nagelkerke	NOUN
ijtc-723	148	3	rsquared	rsquare	VERB
ijtc-723	148	4	value	value	NOUN
ijtc-723	148	5	indicates	indicate	VERB
ijtc-723	148	6	that	that	SCONJ
ijtc-723	148	7	the	the	DET
ijtc-723	148	8	proposed	propose	VERB
ijtc-723	148	9	model	model	NOUN
ijtc-723	148	10	explains	explain	VERB
ijtc-723	148	11	80.1	80.1	NUM
ijtc-723	148	12	%	%	NOUN
ijtc-723	148	13	of	of	ADP
ijtc-723	148	14	the	the	DET
ijtc-723	148	15	variance	variance	NOUN
ijtc-723	148	16	of	of	ADP
ijtc-723	148	17	the	the	DET
ijtc-723	148	18	dependent	dependent	ADJ
ijtc-723	148	19	variable	variable	NOUN
ijtc-723	148	20	.	.	PUNCT
ijtc-723	149	1	table	table	NOUN
ijtc-723	149	2	no	no	INTJ
ijtc-723	149	3	.	.	NOUN
ijtc-723	149	4	3	3	NUM
ijtc-723	149	5	model	model	NOUN
ijtc-723	149	6	classification	classification	NOUN
ijtc-723	149	7	observed	observe	VERB
ijtc-723	149	8	foresight	foresight	NOUN
ijtc-723	149	9	default	default	NOUN
ijtc-723	149	10	correct	correct	ADJ
ijtc-723	149	11	percentage	percentage	NOUN
ijtc-723	149	12	,	,	PUNCT
ijtc-723	149	13	00	00	NUM
ijtc-723	149	14	1,00	1,00	NUM
ijtc-723	149	15	defaul	defaul	PROPN
ijtc-723	149	16	t	t	PROPN
ijtc-723	149	17	,	,	PUNCT
ijtc-723	149	18	00	00	NUM
ijtc-723	150	1	76	76	NUM
ijtc-723	150	2	0	0	NUM
ijtc-723	150	3	100,0	100,0	NUM
ijtc-723	150	4	1,00	1,00	NUM
ijtc-723	150	5	12	12	NUM
ijtc-723	150	6	50	50	NUM
ijtc-723	150	7	80,6	80,6	NUM
ijtc-723	150	8	overall	overall	ADJ
ijtc-723	150	9	percentage	percentage	NOUN
ijtc-723	150	10	91,3	91,3	NUM
ijtc-723	150	11	source	source	NOUN
ijtc-723	150	12	:	:	PUNCT
ijtc-723	150	13	research	research	NOUN
ijtc-723	150	14	data	datum	NOUN
ijtc-723	150	15	although	although	SCONJ
ijtc-723	150	16	goodness	goodness	NOUN
ijtc-723	150	17	-	-	PUNCT
ijtc-723	150	18	of	of	ADP
ijtc-723	150	19	-	-	PUNCT
ijtc-723	150	20	fit	fit	ADJ
ijtc-723	150	21	coefficients	coefficient	NOUN
ijtc-723	150	22	are	be	AUX
ijtc-723	150	23	not	not	PART
ijtc-723	150	24	entirely	entirely	ADV
ijtc-723	150	25	reliable	reliable	ADJ
ijtc-723	150	26	,	,	PUNCT
ijtc-723	150	27	the	the	DET
ijtc-723	150	28	leaderboard	leaderboard	NOUN
ijtc-723	150	29	is	be	AUX
ijtc-723	150	30	usually	usually	ADV
ijtc-723	150	31	the	the	DET
ijtc-723	150	32	criterion	criterion	NOUN
ijtc-723	150	33	we	we	PRON
ijtc-723	150	34	must	must	AUX
ijtc-723	150	35	follow	follow	VERB
ijtc-723	150	36	to	to	PART
ijtc-723	150	37	indicate	indicate	VERB
ijtc-723	150	38	the	the	DET
ijtc-723	150	39	goodness	goodness	NOUN
ijtc-723	150	40	of	of	ADP
ijtc-723	150	41	fit	fit	NOUN
ijtc-723	150	42	of	of	ADP
ijtc-723	150	43	the	the	DET
ijtc-723	150	44	model	model	NOUN
ijtc-723	150	45	.	.	PUNCT
ijtc-723	151	1	based	base	VERB
ijtc-723	151	2	on	on	ADP
ijtc-723	151	3	the	the	DET
ijtc-723	151	4	regression	regression	NOUN
ijtc-723	151	5	equation	equation	NOUN
ijtc-723	151	6	and	and	CCONJ
ijtc-723	151	7	the	the	DET
ijtc-723	151	8	observed	observed	ADJ
ijtc-723	151	9	data	datum	NOUN
ijtc-723	151	10	,	,	PUNCT
ijtc-723	151	11	a	a	DET
ijtc-723	151	12	prediction	prediction	NOUN
ijtc-723	151	13	of	of	ADP
ijtc-723	151	14	the	the	DET
ijtc-723	151	15	value	value	NOUN
ijtc-723	151	16	of	of	ADP
ijtc-723	151	17	the	the	DET
ijtc-723	151	18	dependent	dependent	ADJ
ijtc-723	151	19	variable	variable	NOUN
ijtc-723	151	20	is	be	AUX
ijtc-723	151	21	made	make	VERB
ijtc-723	151	22	.	.	PUNCT
ijtc-723	152	1	this	this	DET
ijtc-723	152	2	prediction	prediction	NOUN
ijtc-723	152	3	is	be	AUX
ijtc-723	152	4	compared	compare	VERB
ijtc-723	152	5	with	with	ADP
ijtc-723	152	6	the	the	DET
ijtc-723	152	7	observed	observed	ADJ
ijtc-723	152	8	value	value	NOUN
ijtc-723	152	9	.	.	PUNCT
ijtc-723	153	1	if	if	SCONJ
ijtc-723	153	2	correct	correct	ADJ
ijtc-723	153	3	,	,	PUNCT
ijtc-723	153	4	the	the	DET
ijtc-723	153	5	case	case	NOUN
ijtc-723	153	6	is	be	AUX
ijtc-723	153	7	correctly	correctly	ADV
ijtc-723	153	8	classified	classified	ADJ
ijtc-723	153	9	.	.	PUNCT
ijtc-723	154	1	the	the	DET
ijtc-723	154	2	more	more	ADJ
ijtc-723	154	3	cases	case	NOUN
ijtc-723	154	4	you	you	PRON
ijtc-723	154	5	classify	classify	VERB
ijtc-723	154	6	correctly	correctly	ADV
ijtc-723	154	7	,	,	PUNCT
ijtc-723	154	8	that	that	ADV
ijtc-723	154	9	is	is	ADV
ijtc-723	154	10	,	,	PUNCT
ijtc-723	154	11	the	the	PRON
ijtc-723	154	12	more	more	ADV
ijtc-723	154	13	the	the	DET
ijtc-723	154	14	predicted	predict	VERB
ijtc-723	154	15	value	value	NOUN
ijtc-723	154	16	matches	match	VERB
ijtc-723	154	17	the	the	DET
ijtc-723	154	18	observed	observed	ADJ
ijtc-723	154	19	value	value	NOUN
ijtc-723	154	20	,	,	PUNCT
ijtc-723	154	21	the	the	PRON
ijtc-723	154	22	better	well	ADJ
ijtc-723	154	23	the	the	DET
ijtc-723	154	24	model	model	NOUN
ijtc-723	154	25	,	,	PUNCT
ijtc-723	154	26	the	the	DET
ijtc-723	154	27	more	more	ADV
ijtc-723	154	28	explanatory	explanatory	ADJ
ijtc-723	154	29	it	it	PRON
ijtc-723	154	30	will	will	AUX
ijtc-723	154	31	be	be	AUX
ijtc-723	154	32	;	;	PUNCT
ijtc-723	154	33	therefore	therefore	ADV
ijtc-723	154	34	,	,	PUNCT
ijtc-723	154	35	independent	independent	ADJ
ijtc-723	154	36	variables	variable	NOUN
ijtc-723	154	37	are	be	AUX
ijtc-723	154	38	good	good	ADJ
ijtc-723	154	39	predictors	predictor	NOUN
ijtc-723	154	40	of	of	ADP
ijtc-723	154	41	the	the	DET
ijtc-723	154	42	event	event	NOUN
ijtc-723	154	43	or	or	CCONJ
ijtc-723	154	44	dependent	dependent	ADJ
ijtc-723	154	45	variable	variable	NOUN
ijtc-723	154	46	.	.	PUNCT
ijtc-723	155	1	https://www.ilomata.org/index.php/ijtc	https://www.ilomata.org/index.php/ijtc	ADJ
ijtc-723	155	2	application	application	NOUN
ijtc-723	155	3	of	of	ADP
ijtc-723	155	4	ifrs	ifrs	PROPN
ijtc-723	155	5	9	9	NUM
ijtc-723	155	6	financial	financial	ADJ
ijtc-723	155	7	instruments	instrument	NOUN
ijtc-723	155	8	and	and	CCONJ
ijtc-723	155	9	the	the	DET
ijtc-723	155	10	exposure	exposure	NOUN
ijtc-723	155	11	to	to	ADP
ijtc-723	155	12	credit	credit	NOUN
ijtc-723	155	13	risk	risk	NOUN
ijtc-723	155	14	(	(	PUNCT
ijtc-723	155	15	case	case	NOUN
ijtc-723	155	16	study	study	NOUN
ijtc-723	155	17	in	in	ADP
ijtc-723	155	18	ecuador	ecuador	PROPN
ijtc-723	155	19	)	)	PUNCT
ijtc-723	155	20	orellana	orellana	PROPN
ijtc-723	155	21	and	and	CCONJ
ijtc-723	155	22	rabanal	rabanal	VERB
ijtc-723	155	23	334	334	NUM
ijtc-723	155	24	|	|	ADV
ijtc-723	155	25	ilomata	ilomata	PROPN
ijtc-723	155	26	international	international	ADJ
ijtc-723	155	27	journal	journal	NOUN
ijtc-723	155	28	of	of	ADP
ijtc-723	155	29	tax	tax	PROPN
ijtc-723	155	30	&	&	CCONJ
ijtc-723	155	31	accounting	accounting	NOUN
ijtc-723	155	32	https://www.ilomata.org/index.php/ijtc	https://www.ilomata.org/index.php/ijtc	PROPN
ijtc-723	155	33	for	for	ADP
ijtc-723	155	34	the	the	DET
ijtc-723	155	35	logistic	logistic	ADJ
ijtc-723	155	36	regression	regression	NOUN
ijtc-723	155	37	analysis	analysis	NOUN
ijtc-723	155	38	,	,	PUNCT
ijtc-723	155	39	step	step	NOUN
ijtc-723	155	40	1	1	NUM
ijtc-723	155	41	indicates	indicate	VERB
ijtc-723	155	42	that	that	SCONJ
ijtc-723	155	43	there	there	PRON
ijtc-723	155	44	is	be	VERB
ijtc-723	155	45	a	a	DET
ijtc-723	155	46	91.3	91.3	NUM
ijtc-723	155	47	%	%	NOUN
ijtc-723	155	48	probability	probability	NOUN
ijtc-723	155	49	of	of	ADP
ijtc-723	155	50	being	be	AUX
ijtc-723	155	51	correct	correct	ADJ
ijtc-723	155	52	in	in	ADP
ijtc-723	155	53	the	the	DET
ijtc-723	155	54	result	result	NOUN
ijtc-723	155	55	of	of	ADP
ijtc-723	155	56	the	the	DET
ijtc-723	155	57	dependent	dependent	ADJ
ijtc-723	155	58	variable	variable	NOUN
ijtc-723	155	59	,	,	PUNCT
ijtc-723	155	60	when	when	SCONJ
ijtc-723	155	61	i	i	PRON
ijtc-723	155	62	know	know	VERB
ijtc-723	155	63	the	the	DET
ijtc-723	155	64	financial	financial	ADJ
ijtc-723	155	65	information	information	NOUN
ijtc-723	155	66	of	of	ADP
ijtc-723	155	67	the	the	DET
ijtc-723	155	68	companies	company	NOUN
ijtc-723	155	69	.	.	PUNCT
ijtc-723	156	1	overall	overall	ADJ
ijtc-723	156	2	,	,	PUNCT
ijtc-723	156	3	this	this	PRON
ijtc-723	156	4	is	be	AUX
ijtc-723	156	5	an	an	DET
ijtc-723	156	6	acceptable	acceptable	ADJ
ijtc-723	156	7	model	model	NOUN
ijtc-723	156	8	.	.	PUNCT
ijtc-723	157	1	table	table	NOUN
ijtc-723	157	2	no	no	NOUN
ijtc-723	157	3	.	.	NOUN
ijtc-723	157	4	4	4	NUM
ijtc-723	157	5	hosmer	hosmer	NOUN
ijtc-723	157	6	and	and	CCONJ
ijtc-723	157	7	lemeshow	lemeshow	ADJ
ijtc-723	157	8	test	test	NOUN
ijtc-723	157	9	step	step	NOUN
ijtc-723	157	10	chi	chi	ADJ
ijtc-723	157	11	-	-	PUNCT
ijtc-723	157	12	square	square	NOUN
ijtc-723	157	13	gl	gl	NOUN
ijtc-723	157	14	herself	herself	PRON
ijtc-723	157	15	.	.	PUNCT
ijtc-723	158	1	1	1	NUM
ijtc-723	158	2	9,021	9,021	NUM
ijtc-723	158	3	8	8	NUM
ijtc-723	158	4	,	,	PUNCT
ijtc-723	158	5	340	340	NUM
ijtc-723	158	6	source	source	NOUN
ijtc-723	158	7	:	:	PUNCT
ijtc-723	158	8	research	research	NOUN
ijtc-723	158	9	data	datum	NOUN
ijtc-723	158	10	the	the	DET
ijtc-723	158	11	hosmer	hosmer	NOUN
ijtc-723	158	12	and	and	CCONJ
ijtc-723	158	13	lemeshow	lemeshow	PROPN
ijtc-723	158	14	test	test	NOUN
ijtc-723	158	15	is	be	AUX
ijtc-723	158	16	a	a	DET
ijtc-723	158	17	distribution	distribution	NOUN
ijtc-723	158	18	constant	constant	ADJ
ijtc-723	158	19	.	.	PUNCT
ijtc-723	159	1	the	the	DET
ijtc-723	159	2	null	null	ADJ
ijtc-723	159	3	hypothesis	hypothesis	NOUN
ijtc-723	159	4	is	be	AUX
ijtc-723	159	5	that	that	SCONJ
ijtc-723	159	6	there	there	PRON
ijtc-723	159	7	is	be	VERB
ijtc-723	159	8	no	no	DET
ijtc-723	159	9	difference	difference	NOUN
ijtc-723	159	10	between	between	ADP
ijtc-723	159	11	observed	observe	VERB
ijtc-723	159	12	and	and	CCONJ
ijtc-723	159	13	predicted	predict	VERB
ijtc-723	159	14	values	value	NOUN
ijtc-723	159	15	(	(	PUNCT
ijtc-723	159	16	probabilities	probability	NOUN
ijtc-723	159	17	)	)	PUNCT
ijtc-723	159	18	;	;	PUNCT
ijtc-723	159	19	the	the	DET
ijtc-723	159	20	alternative	alternative	ADJ
ijtc-723	159	21	hypothesis	hypothesis	NOUN
ijtc-723	159	22	is	be	AUX
ijtc-723	159	23	that	that	SCONJ
ijtc-723	159	24	there	there	PRON
ijtc-723	159	25	is	be	VERB
ijtc-723	159	26	.	.	PUNCT
ijtc-723	160	1	therefore	therefore	ADV
ijtc-723	160	2	,	,	PUNCT
ijtc-723	160	3	rejection	rejection	NOUN
ijtc-723	160	4	of	of	ADP
ijtc-723	160	5	this	this	DET
ijtc-723	160	6	test	test	NOUN
ijtc-723	160	7	indicates	indicate	VERB
ijtc-723	160	8	that	that	SCONJ
ijtc-723	160	9	the	the	DET
ijtc-723	160	10	model	model	NOUN
ijtc-723	160	11	is	be	AUX
ijtc-723	160	12	not	not	PART
ijtc-723	160	13	well	well	ADV
ijtc-723	160	14	fitted	fit	VERB
ijtc-723	160	15	.	.	PUNCT
ijtc-723	161	1	in	in	ADP
ijtc-723	161	2	our	our	PRON
ijtc-723	161	3	particular	particular	ADJ
ijtc-723	161	4	case	case	NOUN
ijtc-723	161	5	,	,	PUNCT
ijtc-723	161	6	the	the	DET
ijtc-723	161	7	significance	significance	NOUN
ijtc-723	161	8	of	of	ADP
ijtc-723	161	9	the	the	DET
ijtc-723	161	10	model	model	NOUN
ijtc-723	161	11	is	be	AUX
ijtc-723	161	12	9.021	9.021	NUM
ijtc-723	161	13	(	(	PUNCT
ijtc-723	161	14	chi	chi	ADJ
ijtc-723	161	15	-	-	PUNCT
ijtc-723	161	16	square	square	NOUN
ijtc-723	161	17	)	)	PUNCT
ijtc-723	161	18	and	and	CCONJ
ijtc-723	161	19	we	we	PRON
ijtc-723	161	20	have	have	VERB
ijtc-723	161	21	a	a	DET
ijtc-723	161	22	p	p	ADJ
ijtc-723	161	23	-	-	PUNCT
ijtc-723	161	24	value	value	NOUN
ijtc-723	161	25	greater	great	ADJ
ijtc-723	161	26	than	than	ADP
ijtc-723	161	27	0.05	0.05	NUM
ijtc-723	161	28	,	,	PUNCT
ijtc-723	161	29	so	so	SCONJ
ijtc-723	161	30	the	the	DET
ijtc-723	161	31	model	model	NOUN
ijtc-723	161	32	is	be	AUX
ijtc-723	161	33	relevant	relevant	ADJ
ijtc-723	161	34	.	.	PUNCT
ijtc-723	161	35	table	table	NOUN
ijtc-723	162	1	no	no	NOUN
ijtc-723	162	2	.	.	NOUN
ijtc-723	162	3	5	5	NUM
ijtc-723	162	4	variables	variable	NOUN
ijtc-723	162	5	in	in	ADP
ijtc-723	162	6	the	the	DET
ijtc-723	162	7	model	model	NOUN
ijtc-723	162	8	equation	equation	NOUN
ijtc-723	162	9	b	b	PROPN
ijtc-723	162	10	standard	standard	ADJ
ijtc-723	162	11	error	error	NOUN
ijtc-723	162	12	forest	forest	NOUN
ijtc-723	162	13	herself	herself	PRON
ijtc-723	162	14	.	.	PUNCT
ijtc-723	163	1	exp(b	exp(b	NUM
ijtc-723	163	2	)	)	PUNCT
ijtc-723	163	3	step	step	NOUN
ijtc-723	163	4	1	1	NUM
ijtc-723	163	5	ep	ep	PROPN
ijtc-723	163	6	-12,54	-12,54	NUM
ijtc-723	163	7	5,26	5,26	NUM
ijtc-723	163	8	5,68	5,68	NUM
ijtc-723	163	9	,	,	PUNCT
ijtc-723	163	10	017	017	NUM
ijtc-723	163	11	,	,	PUNCT
ijtc-723	163	12	000	000	NUM
ijtc-723	163	13	ap	ap	NOUN
ijtc-723	163	14	12,54	12,54	NUM
ijtc-723	163	15	5,26	5,26	NUM
ijtc-723	163	16	5,68	5,68	NUM
ijtc-723	163	17	,	,	PUNCT
ijtc-723	163	18	017	017	NUM
ijtc-723	163	19	279458,31	279458,31	NUM
ijtc-723	163	20	rc	rc	PROPN
ijtc-723	163	21	-,014	-,014	PROPN
ijtc-723	163	22	,	,	PUNCT
ijtc-723	163	23	007	007	NUM
ijtc-723	163	24	4,65	4,65	NOUN
ijtc-723	163	25	,	,	PUNCT
ijtc-723	163	26	031	031	NUM
ijtc-723	163	27	,	,	PUNCT
ijtc-723	163	28	986	986	NUM
ijtc-723	163	29	mb	mb	ADP
ijtc-723	163	30	-1,91	-1,91	PROPN
ijtc-723	163	31	,	,	PUNCT
ijtc-723	163	32	959	959	NUM
ijtc-723	163	33	3,99	3,99	PROPN
ijtc-723	163	34	,	,	PUNCT
ijtc-723	163	35	046	046	NUM
ijtc-723	163	36	,	,	PUNCT
ijtc-723	163	37	147	147	NUM
ijtc-723	163	38	lc	lc	NOUN
ijtc-723	163	39	-3,87	-3,87	PUNCT
ijtc-723	163	40	1,35	1,35	NUM
ijtc-723	163	41	8,14	8,14	NUM
ijtc-723	163	42	,	,	PUNCT
ijtc-723	163	43	004	004	NUM
ijtc-723	163	44	,	,	PUNCT
ijtc-723	163	45	021	021	NUM
ijtc-723	163	46	status	status	NOUN
ijtc-723	163	47	,	,	PUNCT
ijtc-723	163	48	048	048	NUM
ijtc-723	163	49	1,82	1,82	NUM
ijtc-723	163	50	,	,	PUNCT
ijtc-723	163	51	001	001	NUM
ijtc-723	163	52	,	,	PUNCT
ijtc-723	163	53	979	979	NUM
ijtc-723	163	54	1,049	1,049	NUM
ijtc-723	163	55	particip	particip	NOUN
ijtc-723	163	56	-10,29	-10,29	PUNCT
ijtc-723	163	57	8,15	8,15	NUM
ijtc-723	163	58	1,59	1,59	NOUN
ijtc-723	163	59	,	,	PUNCT
ijtc-723	163	60	207	207	NUM
ijtc-723	163	61	,	,	PUNCT
ijtc-723	163	62	000	000	NUM
ijtc-723	163	63	age	age	NOUN
ijtc-723	163	64	-,032	-,032	PROPN
ijtc-723	163	65	,	,	PUNCT
ijtc-723	163	66	049	049	NUM
ijtc-723	163	67	,	,	PUNCT
ijtc-723	163	68	430	430	NUM
ijtc-723	163	69	,	,	PUNCT
ijtc-723	163	70	512	512	NUM
ijtc-723	163	71	,	,	PUNCT
ijtc-723	163	72	968	968	NUM
ijtc-723	163	73	tipo_c	tipo_c	NOUN
ijtc-723	163	74	-,505	-,505	PROPN
ijtc-723	163	75	1,31	1,31	NUM
ijtc-723	163	76	,	,	PUNCT
ijtc-723	163	77	147	147	NUM
ijtc-723	163	78	,	,	PUNCT
ijtc-723	163	79	701	701	NUM
ijtc-723	163	80	,	,	PUNCT
ijtc-723	163	81	604	604	NUM
ijtc-723	163	82	super	super	NOUN
ijtc-723	163	83	-4,80	-4,80	ADP
ijtc-723	163	84	1,44	1,44	NUM
ijtc-723	163	85	10,99	10,99	NUM
ijtc-723	163	86	,	,	PUNCT
ijtc-723	163	87	001	001	NUM
ijtc-723	163	88	,	,	PUNCT
ijtc-723	163	89	008	008	NUM
ijtc-723	163	90	audit	audit	NOUN
ijtc-723	163	91	-1,11	-1,11	PUNCT
ijtc-723	163	92	,	,	PUNCT
ijtc-723	163	93	871	871	NUM
ijtc-723	163	94	1,64	1,64	NUM
ijtc-723	163	95	,	,	PUNCT
ijtc-723	163	96	199	199	NUM
ijtc-723	163	97	,	,	PUNCT
ijtc-723	163	98	327	327	NUM
ijtc-723	163	99	constant	constant	ADJ
ijtc-723	163	100	-2,07	-2,07	PRON
ijtc-723	163	101	4,70	4,70	NUM
ijtc-723	163	102	,	,	PUNCT
ijtc-723	163	103	195	195	NUM
ijtc-723	163	104	,	,	PUNCT
ijtc-723	163	105	659	659	NUM
ijtc-723	163	106	,	,	PUNCT
ijtc-723	163	107	125	125	NUM
ijtc-723	163	108	source	source	NOUN
ijtc-723	163	109	:	:	PUNCT
ijtc-723	163	110	research	research	NOUN
ijtc-723	163	111	data	datum	NOUN
ijtc-723	163	112	in	in	ADP
ijtc-723	163	113	this	this	DET
ijtc-723	163	114	table	table	NOUN
ijtc-723	163	115	we	we	PRON
ijtc-723	163	116	can	can	AUX
ijtc-723	163	117	see	see	VERB
ijtc-723	163	118	the	the	DET
ijtc-723	163	119	variables	variable	NOUN
ijtc-723	163	120	that	that	PRON
ijtc-723	163	121	intervene	intervene	VERB
ijtc-723	163	122	in	in	ADP
ijtc-723	163	123	the	the	DET
ijtc-723	163	124	model	model	NOUN
ijtc-723	163	125	,	,	PUNCT
ijtc-723	163	126	and	and	CCONJ
ijtc-723	163	127	that	that	PRON
ijtc-723	163	128	are	be	AUX
ijtc-723	163	129	significant	significant	ADJ
ijtc-723	163	130	for	for	ADP
ijtc-723	163	131	the	the	DET
ijtc-723	163	132	model	model	NOUN
ijtc-723	163	133	,	,	PUNCT
ijtc-723	163	134	those	those	DET
ijtc-723	163	135	variables	variable	NOUN
ijtc-723	163	136	that	that	PRON
ijtc-723	163	137	have	have	VERB
ijtc-723	163	138	a	a	DET
ijtc-723	163	139	sig	sig	NOUN
ijtc-723	163	140	.	.	PUNCT
ijtc-723	163	141	value	value	NOUN
ijtc-723	163	142	<	<	X
ijtc-723	163	143	0.05	0.05	NUM
ijtc-723	163	144	.	.	PUNCT
ijtc-723	164	1	the	the	DET
ijtc-723	164	2	b	b	PROPN
ijtc-723	164	3	sign	sign	NOUN
ijtc-723	164	4	of	of	ADP
ijtc-723	164	5	each	each	PRON
ijtc-723	164	6	of	of	ADP
ijtc-723	164	7	the	the	DET
ijtc-723	164	8	significant	significant	ADJ
ijtc-723	164	9	variables	variable	NOUN
ijtc-723	164	10	indicates	indicate	VERB
ijtc-723	164	11	the	the	DET
ijtc-723	164	12	relationship	relationship	NOUN
ijtc-723	164	13	it	it	PRON
ijtc-723	164	14	has	have	VERB
ijtc-723	164	15	with	with	ADP
ijtc-723	164	16	the	the	DET
ijtc-723	164	17	dependent	dependent	ADJ
ijtc-723	164	18	variable	variable	NOUN
ijtc-723	164	19	.	.	PUNCT
ijtc-723	165	1	we	we	PRON
ijtc-723	165	2	can	can	AUX
ijtc-723	165	3	also	also	ADV
ijtc-723	165	4	consider	consider	VERB
ijtc-723	165	5	the	the	DET
ijtc-723	165	6	following	follow	VERB
ijtc-723	165	7	:	:	PUNCT
ijtc-723	165	8	•	•	INTJ
ijtc-723	165	9	if	if	SCONJ
ijtc-723	165	10	exp(b	exp(b	NUM
ijtc-723	165	11	)	)	PUNCT
ijtc-723	165	12	<	<	X
ijtc-723	166	1	1	1	NUM
ijtc-723	166	2	,	,	PUNCT
ijtc-723	166	3	if	if	SCONJ
ijtc-723	166	4	the	the	DET
ijtc-723	166	5	value	value	NOUN
ijtc-723	166	6	of	of	ADP
ijtc-723	166	7	the	the	DET
ijtc-723	166	8	independent	independent	ADJ
ijtc-723	166	9	variable	variable	ADJ
ijtc-723	166	10	increases	increase	NOUN
ijtc-723	166	11	,	,	PUNCT
ijtc-723	166	12	the	the	DET
ijtc-723	166	13	value	value	NOUN
ijtc-723	166	14	of	of	ADP
ijtc-723	166	15	the	the	DET
ijtc-723	166	16	dependent	dependent	ADJ
ijtc-723	166	17	variable	variable	ADJ
ijtc-723	166	18	decreases	decrease	VERB
ijtc-723	166	19	.	.	PUNCT
ijtc-723	167	1	•	•	NOUN
ijtc-723	167	2	if	if	SCONJ
ijtc-723	167	3	exp(b	exp(b	NUM
ijtc-723	167	4	)	)	PUNCT
ijtc-723	167	5	>	>	X
ijtc-723	168	1	1	1	NUM
ijtc-723	168	2	,	,	PUNCT
ijtc-723	168	3	if	if	SCONJ
ijtc-723	168	4	the	the	DET
ijtc-723	168	5	value	value	NOUN
ijtc-723	168	6	of	of	ADP
ijtc-723	168	7	the	the	DET
ijtc-723	168	8	independent	independent	ADJ
ijtc-723	168	9	variable	variable	ADJ
ijtc-723	168	10	increases	increase	NOUN
ijtc-723	168	11	,	,	PUNCT
ijtc-723	168	12	the	the	DET
ijtc-723	168	13	value	value	NOUN
ijtc-723	168	14	of	of	ADP
ijtc-723	168	15	the	the	DET
ijtc-723	168	16	dependent	dependent	ADJ
ijtc-723	168	17	variable	variable	ADJ
ijtc-723	168	18	increases	increase	NOUN
ijtc-723	168	19	.	.	PUNCT
ijtc-723	169	1	https://www.ilomata.org/index.php/ijtc	https://www.ilomata.org/index.php/ijtc	ADJ
ijtc-723	169	2	application	application	NOUN
ijtc-723	169	3	of	of	ADP
ijtc-723	169	4	ifrs	ifrs	PROPN
ijtc-723	169	5	9	9	NUM
ijtc-723	169	6	financial	financial	ADJ
ijtc-723	169	7	instruments	instrument	NOUN
ijtc-723	169	8	and	and	CCONJ
ijtc-723	169	9	the	the	DET
ijtc-723	169	10	exposure	exposure	NOUN
ijtc-723	169	11	to	to	ADP
ijtc-723	169	12	credit	credit	NOUN
ijtc-723	169	13	risk	risk	NOUN
ijtc-723	169	14	(	(	PUNCT
ijtc-723	169	15	case	case	NOUN
ijtc-723	169	16	study	study	NOUN
ijtc-723	169	17	in	in	ADP
ijtc-723	169	18	ecuador	ecuador	PROPN
ijtc-723	169	19	)	)	PUNCT
ijtc-723	169	20	orellana	orellana	PROPN
ijtc-723	169	21	and	and	CCONJ
ijtc-723	169	22	rabanal	rabanal	ADJ
ijtc-723	169	23	335	335	NUM
ijtc-723	169	24	|	|	ADV
ijtc-723	169	25	ilomata	ilomata	PROPN
ijtc-723	169	26	international	international	ADJ
ijtc-723	169	27	journal	journal	NOUN
ijtc-723	169	28	of	of	ADP
ijtc-723	169	29	tax	tax	PROPN
ijtc-723	169	30	&	&	CCONJ
ijtc-723	169	31	accounting	account	VERB
ijtc-723	169	32	https://www.ilomata.org/index.php/ijtc	https://www.ilomata.org/index.php/ijtc	PROPN
ijtc-723	169	33	the	the	DET
ijtc-723	169	34	wald	wald	NOUN
ijtc-723	169	35	score	score	NOUN
ijtc-723	169	36	is	be	AUX
ijtc-723	169	37	a	a	DET
ijtc-723	169	38	statistical	statistical	ADJ
ijtc-723	169	39	test	test	NOUN
ijtc-723	169	40	that	that	PRON
ijtc-723	169	41	measures	measure	VERB
ijtc-723	169	42	the	the	DET
ijtc-723	169	43	significance	significance	NOUN
ijtc-723	169	44	of	of	ADP
ijtc-723	169	45	the	the	DET
ijtc-723	169	46	coefficients	coefficient	NOUN
ijtc-723	169	47	of	of	ADP
ijtc-723	169	48	the	the	DET
ijtc-723	169	49	independent	independent	ADJ
ijtc-723	169	50	variables	variable	NOUN
ijtc-723	169	51	in	in	ADP
ijtc-723	169	52	a	a	DET
ijtc-723	169	53	regression	regression	NOUN
ijtc-723	169	54	model	model	NOUN
ijtc-723	169	55	.	.	PUNCT
ijtc-723	170	1	a	a	DET
ijtc-723	170	2	significant	significant	ADJ
ijtc-723	170	3	wald	wald	NOUN
ijtc-723	170	4	score	score	NOUN
ijtc-723	170	5	indicates	indicate	VERB
ijtc-723	170	6	that	that	SCONJ
ijtc-723	170	7	the	the	DET
ijtc-723	170	8	independent	independent	ADJ
ijtc-723	170	9	variable	variable	NOUN
ijtc-723	170	10	is	be	AUX
ijtc-723	170	11	a	a	DET
ijtc-723	170	12	good	good	ADJ
ijtc-723	170	13	predictor	predictor	NOUN
ijtc-723	170	14	of	of	ADP
ijtc-723	170	15	the	the	DET
ijtc-723	170	16	dependent	dependent	ADJ
ijtc-723	170	17	variable	variable	NOUN
ijtc-723	170	18	.	.	PUNCT
ijtc-723	171	1	however	however	ADV
ijtc-723	171	2	,	,	PUNCT
ijtc-723	171	3	the	the	DET
ijtc-723	171	4	significance	significance	NOUN
ijtc-723	171	5	of	of	ADP
ijtc-723	171	6	the	the	DET
ijtc-723	171	7	wald	wald	NOUN
ijtc-723	171	8	score	score	NOUN
ijtc-723	171	9	alone	alone	ADV
ijtc-723	171	10	is	be	AUX
ijtc-723	171	11	not	not	PART
ijtc-723	171	12	sufficient	sufficient	ADJ
ijtc-723	171	13	to	to	PART
ijtc-723	171	14	determine	determine	VERB
ijtc-723	171	15	whether	whether	SCONJ
ijtc-723	171	16	the	the	DET
ijtc-723	171	17	results	result	NOUN
ijtc-723	171	18	can	can	AUX
ijtc-723	171	19	be	be	AUX
ijtc-723	171	20	generalized	generalize	VERB
ijtc-723	171	21	to	to	ADP
ijtc-723	171	22	the	the	DET
ijtc-723	171	23	population	population	NOUN
ijtc-723	171	24	.	.	PUNCT
ijtc-723	172	1	table	table	NOUN
ijtc-723	173	1	no	no	INTJ
ijtc-723	173	2	.	.	NOUN
ijtc-723	173	3	6	6	NUM
ijtc-723	173	4	explanatory	explanatory	ADJ
ijtc-723	173	5	variables	variable	NOUN
ijtc-723	173	6	of	of	ADP
ijtc-723	173	7	the	the	DET
ijtc-723	173	8	model	model	NOUN
ijtc-723	173	9	variable	variable	NOUN
ijtc-723	173	10	meaning	mean	VERB
ijtc-723	173	11	sign	sign	NOUN
ijtc-723	173	12	b	b	X
ijtc-723	173	13	explanation	explanation	NOUN
ijtc-723	173	14	ep	ep	PROPN
ijtc-723	173	15	debt	debt	NOUN
ijtc-723	173	16	to	to	AUX
ijtc-723	173	17	equity	equity	VERB
ijtc-723	173	18	the	the	PRON
ijtc-723	173	19	higher	high	ADJ
ijtc-723	173	20	the	the	DET
ijtc-723	173	21	indebtedness	indebtedness	NOUN
ijtc-723	173	22	of	of	ADP
ijtc-723	173	23	the	the	DET
ijtc-723	173	24	assets	asset	NOUN
ijtc-723	173	25	,	,	PUNCT
ijtc-723	173	26	the	the	PRON
ijtc-723	173	27	greater	great	ADJ
ijtc-723	173	28	the	the	DET
ijtc-723	173	29	risk	risk	NOUN
ijtc-723	173	30	that	that	SCONJ
ijtc-723	173	31	the	the	DET
ijtc-723	173	32	client	client	NOUN
ijtc-723	173	33	will	will	AUX
ijtc-723	173	34	default	default	VERB
ijtc-723	173	35	.	.	PUNCT
ijtc-723	174	1	ap	ap	PROPN
ijtc-723	174	2	leverage	leverage	NOUN
ijtc-723	174	3	+	+	CCONJ
ijtc-723	174	4	the	the	PRON
ijtc-723	174	5	higher	high	ADJ
ijtc-723	174	6	the	the	DET
ijtc-723	174	7	level	level	NOUN
ijtc-723	174	8	of	of	ADP
ijtc-723	174	9	leverage	leverage	NOUN
ijtc-723	174	10	,	,	PUNCT
ijtc-723	174	11	the	the	PRON
ijtc-723	174	12	greater	great	ADJ
ijtc-723	174	13	the	the	DET
ijtc-723	174	14	risk	risk	NOUN
ijtc-723	174	15	of	of	ADP
ijtc-723	174	16	the	the	DET
ijtc-723	174	17	client	client	NOUN
ijtc-723	174	18	defaulting	default	VERB
ijtc-723	174	19	.	.	PUNCT
ijtc-723	175	1	rc	rc	PROPN
ijtc-723	175	2	portfolio	portfolio	PROPN
ijtc-723	175	3	rotation	rotation	PROPN
ijtc-723	175	4	the	the	PRON
ijtc-723	175	5	higher	high	ADJ
ijtc-723	175	6	the	the	DET
ijtc-723	175	7	portfolio	portfolio	NOUN
ijtc-723	175	8	turnover	turnover	NOUN
ijtc-723	175	9	,	,	PUNCT
ijtc-723	175	10	the	the	PRON
ijtc-723	175	11	lower	low	ADJ
ijtc-723	175	12	the	the	DET
ijtc-723	175	13	risk	risk	NOUN
ijtc-723	175	14	of	of	ADP
ijtc-723	175	15	the	the	DET
ijtc-723	175	16	client	client	NOUN
ijtc-723	175	17	defaulting	default	VERB
ijtc-723	175	18	.	.	PUNCT
ijtc-723	176	1	mb	mb	PROPN
ijtc-723	176	2	margen	margen	PROPN
ijtc-723	176	3	gross	gross	PROPN
ijtc-723	176	4	the	the	PRON
ijtc-723	176	5	higher	high	ADJ
ijtc-723	176	6	the	the	DET
ijtc-723	176	7	gross	gross	ADJ
ijtc-723	176	8	margin	margin	NOUN
ijtc-723	176	9	,	,	PUNCT
ijtc-723	176	10	the	the	PRON
ijtc-723	176	11	lower	low	ADJ
ijtc-723	176	12	the	the	DET
ijtc-723	176	13	client	client	NOUN
ijtc-723	176	14	's	's	PART
ijtc-723	176	15	risk	risk	NOUN
ijtc-723	176	16	of	of	ADP
ijtc-723	176	17	default	default	NOUN
ijtc-723	176	18	.	.	PUNCT
ijtc-723	177	1	lc	lc	PROPN
ijtc-723	177	2	current	current	ADJ
ijtc-723	177	3	liquidity	liquidity	NOUN
ijtc-723	177	4	the	the	PRON
ijtc-723	177	5	higher	high	ADJ
ijtc-723	177	6	the	the	DET
ijtc-723	177	7	client	client	NOUN
ijtc-723	177	8	's	's	PART
ijtc-723	177	9	current	current	ADJ
ijtc-723	177	10	liquidity	liquidity	NOUN
ijtc-723	177	11	,	,	PUNCT
ijtc-723	177	12	the	the	PRON
ijtc-723	177	13	lower	low	ADJ
ijtc-723	177	14	the	the	DET
ijtc-723	177	15	risk	risk	NOUN
ijtc-723	177	16	of	of	ADP
ijtc-723	177	17	default	default	NOUN
ijtc-723	177	18	.	.	PUNCT
ijtc-723	178	1	super	super	ADJ
ijtc-723	178	2	corporate	corporate	ADJ
ijtc-723	178	3	compliance	compliance	NOUN
ijtc-723	178	4	status	status	NOUN
ijtc-723	178	5	since	since	SCONJ
ijtc-723	178	6	it	it	PRON
ijtc-723	178	7	is	be	AUX
ijtc-723	178	8	classified	classify	VERB
ijtc-723	178	9	as	as	ADP
ijtc-723	178	10	compliant	compliant	ADJ
ijtc-723	178	11	or	or	CCONJ
ijtc-723	178	12	noncompliant	noncompliant	ADJ
ijtc-723	178	13	,	,	PUNCT
ijtc-723	178	14	this	this	PRON
ijtc-723	178	15	indicates	indicate	VERB
ijtc-723	178	16	that	that	SCONJ
ijtc-723	178	17	companies	company	NOUN
ijtc-723	178	18	that	that	PRON
ijtc-723	178	19	meet	meet	VERB
ijtc-723	178	20	their	their	PRON
ijtc-723	178	21	corporate	corporate	ADJ
ijtc-723	178	22	obligations	obligation	NOUN
ijtc-723	178	23	have	have	VERB
ijtc-723	178	24	a	a	DET
ijtc-723	178	25	lower	low	ADJ
ijtc-723	178	26	risk	risk	NOUN
ijtc-723	178	27	of	of	ADP
ijtc-723	178	28	default	default	NOUN
ijtc-723	178	29	.	.	PUNCT
ijtc-723	179	1	source	source	NOUN
ijtc-723	179	2	:	:	PUNCT
ijtc-723	179	3	research	research	NOUN
ijtc-723	179	4	data	datum	NOUN
ijtc-723	179	5	from	from	ADP
ijtc-723	179	6	the	the	DET
ijtc-723	179	7	coefficients	coefficient	NOUN
ijtc-723	179	8	obtained	obtain	VERB
ijtc-723	179	9	in	in	ADP
ijtc-723	179	10	the	the	DET
ijtc-723	179	11	binary	binary	PROPN
ijtc-723	179	12	logistic	logistic	PROPN
ijtc-723	179	13	regression	regression	NOUN
ijtc-723	179	14	model	model	NOUN
ijtc-723	179	15	,	,	PUNCT
ijtc-723	179	16	the	the	DET
ijtc-723	179	17	regression	regression	NOUN
ijtc-723	179	18	line	line	NOUN
ijtc-723	179	19	is	be	AUX
ijtc-723	179	20	calculated	calculate	VERB
ijtc-723	179	21	with	with	ADP
ijtc-723	179	22	the	the	DET
ijtc-723	179	23	following	follow	VERB
ijtc-723	179	24	expressions	expression	NOUN
ijtc-723	179	25	:	:	PUNCT
ijtc-723	179	26	pd	pd	PROPN
ijtc-723	179	27	=	=	PUNCT
ijtc-723	179	28	12,541	12,541	NUM
ijtc-723	179	29	∗	∗	NOUN
ijtc-723	179	30	ap	ap	PROPN
ijtc-723	180	1	−	−	PROPN
ijtc-723	180	2	12.542	12.542	NUM
ijtc-723	180	3	∗	∗	NOUN
ijtc-723	180	4	ep	ep	PROPN
ijtc-723	181	1	−	−	PROPN
ijtc-723	181	2	0,014	0,014	NUM
ijtc-723	181	3	∗	∗	NOUN
ijtc-723	181	4	rc	rc	PROPN
ijtc-723	181	5	−	−	PROPN
ijtc-723	181	6	1.917	1.917	NUM
ijtc-723	181	7	∗	∗	NOUN
ijtc-723	181	8	mb	mb	ADP
ijtc-723	181	9	−	−	NUM
ijtc-723	181	10	3,873	3,873	NUM
ijtc-723	181	11	∗	∗	NOUN
ijtc-723	181	12	lc	lc	NOUN
ijtc-723	181	13	−	−	ADP
ijtc-723	181	14	5.806	5.806	NUM
ijtc-723	181	15	∗	∗	NOUN
ijtc-723	181	16	super	super	ADJ
ijtc-723	181	17	where	where	SCONJ
ijtc-723	181	18	:	:	PUNCT
ijtc-723	181	19	ps	ps	NOUN
ijtc-723	181	20	:	:	PUNCT
ijtc-723	181	21	probability	probability	NOUN
ijtc-723	181	22	of	of	ADP
ijtc-723	181	23	non	non	ADJ
ijtc-723	181	24	-	-	ADJ
ijtc-723	181	25	compliance	compliance	ADJ
ijtc-723	181	26	ep	ep	NOUN
ijtc-723	181	27	:	:	PUNCT
ijtc-723	181	28	debt	debt	NOUN
ijtc-723	181	29	to	to	PART
ijtc-723	181	30	own	own	VERB
ijtc-723	181	31	funds	fund	NOUN
ijtc-723	181	32	ap	ap	ADV
ijtc-723	181	33	:	:	PUNCT
ijtc-723	181	34	leverage	leverage	PROPN
ijtc-723	181	35	rc	rc	PROPN
ijtc-723	181	36	:	:	PUNCT
ijtc-723	181	37	portfolio	portfolio	NOUN
ijtc-723	181	38	turnover	turnover	NOUN
ijtc-723	181	39	lc	lc	PROPN
ijtc-723	181	40	:	:	PUNCT
ijtc-723	181	41	current	current	ADJ
ijtc-723	181	42	liquidity	liquidity	NOUN
ijtc-723	181	43	mb	mb	NOUN
ijtc-723	181	44	:	:	PUNCT
ijtc-723	181	45	gross	gross	ADJ
ijtc-723	181	46	margins	margin	NOUN
ijtc-723	181	47	super	super	ADJ
ijtc-723	181	48	:	:	PUNCT
ijtc-723	181	49	corporate	corporate	ADJ
ijtc-723	181	50	compliance	compliance	NOUN
ijtc-723	181	51	status	status	NOUN
ijtc-723	181	52	https://www.ilomata.org/index.php/ijtc	https://www.ilomata.org/index.php/ijtc	ADJ
ijtc-723	181	53	application	application	NOUN
ijtc-723	181	54	of	of	ADP
ijtc-723	181	55	ifrs	ifrs	PROPN
ijtc-723	181	56	9	9	NUM
ijtc-723	181	57	financial	financial	ADJ
ijtc-723	181	58	instruments	instrument	NOUN
ijtc-723	181	59	and	and	CCONJ
ijtc-723	181	60	the	the	DET
ijtc-723	181	61	exposure	exposure	NOUN
ijtc-723	181	62	to	to	ADP
ijtc-723	181	63	credit	credit	NOUN
ijtc-723	181	64	risk	risk	NOUN
ijtc-723	181	65	(	(	PUNCT
ijtc-723	181	66	case	case	NOUN
ijtc-723	181	67	study	study	NOUN
ijtc-723	181	68	in	in	ADP
ijtc-723	181	69	ecuador	ecuador	PROPN
ijtc-723	181	70	)	)	PUNCT
ijtc-723	181	71	orellana	orellana	PROPN
ijtc-723	181	72	and	and	CCONJ
ijtc-723	181	73	rabanal	rabanal	VERB
ijtc-723	181	74	336	336	NUM
ijtc-723	181	75	|	|	ADV
ijtc-723	181	76	ilomata	ilomata	ADJ
ijtc-723	181	77	international	international	ADJ
ijtc-723	181	78	journal	journal	NOUN
ijtc-723	181	79	of	of	ADP
ijtc-723	181	80	tax	tax	PROPN
ijtc-723	181	81	&	&	CCONJ
ijtc-723	181	82	accounting	accounting	PROPN
ijtc-723	181	83	https://www.ilomata.org/index.php/ijtc	https://www.ilomata.org/index.php/ijtc	PROPN
ijtc-723	181	84	to	to	PART
ijtc-723	181	85	calculate	calculate	VERB
ijtc-723	181	86	the	the	DET
ijtc-723	181	87	pd	pd	PROPN
ijtc-723	181	88	for	for	ADP
ijtc-723	181	89	each	each	DET
ijtc-723	181	90	client	client	NOUN
ijtc-723	181	91	in	in	ADP
ijtc-723	181	92	a	a	DET
ijtc-723	181	93	portfolio	portfolio	NOUN
ijtc-723	181	94	,	,	PUNCT
ijtc-723	181	95	a	a	DET
ijtc-723	181	96	mathematical	mathematical	ADJ
ijtc-723	181	97	model	model	NOUN
ijtc-723	181	98	is	be	AUX
ijtc-723	181	99	used	use	VERB
ijtc-723	181	100	.	.	PUNCT
ijtc-723	182	1	the	the	DET
ijtc-723	182	2	specific	specific	ADJ
ijtc-723	182	3	model	model	NOUN
ijtc-723	182	4	used	use	VERB
ijtc-723	182	5	can	can	AUX
ijtc-723	182	6	vary	vary	VERB
ijtc-723	182	7	depending	depend	VERB
ijtc-723	182	8	on	on	ADP
ijtc-723	182	9	the	the	DET
ijtc-723	182	10	institution	institution	NOUN
ijtc-723	182	11	and	and	CCONJ
ijtc-723	182	12	the	the	DET
ijtc-723	182	13	type	type	NOUN
ijtc-723	182	14	of	of	ADP
ijtc-723	182	15	portfolio	portfolio	NOUN
ijtc-723	182	16	being	be	AUX
ijtc-723	182	17	analyzed	analyze	VERB
ijtc-723	182	18	.	.	PUNCT
ijtc-723	183	1	however	however	ADV
ijtc-723	183	2	,	,	PUNCT
ijtc-723	183	3	in	in	ADP
ijtc-723	183	4	general	general	ADJ
ijtc-723	183	5	,	,	PUNCT
ijtc-723	183	6	the	the	DET
ijtc-723	183	7	model	model	NOUN
ijtc-723	183	8	will	will	AUX
ijtc-723	183	9	take	take	VERB
ijtc-723	183	10	into	into	ADP
ijtc-723	183	11	account	account	NOUN
ijtc-723	183	12	various	various	ADJ
ijtc-723	183	13	variables	variable	NOUN
ijtc-723	183	14	that	that	PRON
ijtc-723	183	15	are	be	AUX
ijtc-723	183	16	indicative	indicative	ADJ
ijtc-723	183	17	of	of	ADP
ijtc-723	183	18	the	the	DET
ijtc-723	183	19	likelihood	likelihood	NOUN
ijtc-723	183	20	of	of	ADP
ijtc-723	183	21	default	default	NOUN
ijtc-723	183	22	,	,	PUNCT
ijtc-723	183	23	such	such	ADJ
ijtc-723	183	24	as	as	ADP
ijtc-723	183	25	credit	credit	NOUN
ijtc-723	183	26	score	score	NOUN
ijtc-723	183	27	,	,	PUNCT
ijtc-723	183	28	debt	debt	NOUN
ijtc-723	183	29	-	-	PUNCT
ijtc-723	183	30	to	to	ADP
ijtc-723	183	31	-	-	PUNCT
ijtc-723	183	32	income	income	NOUN
ijtc-723	183	33	ratio	ratio	NOUN
ijtc-723	183	34	,	,	PUNCT
ijtc-723	183	35	and	and	CCONJ
ijtc-723	183	36	loan	loan	NOUN
ijtc-723	183	37	-	-	PUNCT
ijtc-723	183	38	to	to	ADP
ijtc-723	183	39	-	-	PUNCT
ijtc-723	183	40	value	value	NOUN
ijtc-723	183	41	ratio	ratio	NOUN
ijtc-723	183	42	.	.	PUNCT
ijtc-723	184	1	once	once	SCONJ
ijtc-723	184	2	the	the	DET
ijtc-723	184	3	model	model	NOUN
ijtc-723	184	4	is	be	AUX
ijtc-723	184	5	developed	develop	VERB
ijtc-723	184	6	,	,	PUNCT
ijtc-723	184	7	it	it	PRON
ijtc-723	184	8	can	can	AUX
ijtc-723	184	9	be	be	AUX
ijtc-723	184	10	used	use	VERB
ijtc-723	184	11	to	to	PART
ijtc-723	184	12	calculate	calculate	VERB
ijtc-723	184	13	the	the	DET
ijtc-723	184	14	pd	pd	PROPN
ijtc-723	184	15	for	for	ADP
ijtc-723	184	16	each	each	DET
ijtc-723	184	17	client	client	NOUN
ijtc-723	184	18	in	in	ADP
ijtc-723	184	19	the	the	DET
ijtc-723	184	20	portfolio	portfolio	NOUN
ijtc-723	184	21	using	use	VERB
ijtc-723	184	22	the	the	DET
ijtc-723	184	23	general	general	ADJ
ijtc-723	184	24	mathematical	mathematical	ADJ
ijtc-723	184	25	formula	formula	NOUN
ijtc-723	184	26	of	of	ADP
ijtc-723	184	27	the	the	DET
ijtc-723	184	28	model	model	NOUN
ijtc-723	184	29	.	.	PUNCT
ijtc-723	185	1	the	the	DET
ijtc-723	185	2	exact	exact	ADJ
ijtc-723	185	3	formula	formula	NOUN
ijtc-723	185	4	will	will	AUX
ijtc-723	185	5	depend	depend	VERB
ijtc-723	185	6	on	on	ADP
ijtc-723	185	7	the	the	DET
ijtc-723	185	8	specific	specific	ADJ
ijtc-723	185	9	model	model	NOUN
ijtc-723	185	10	being	be	AUX
ijtc-723	185	11	used	use	VERB
ijtc-723	185	12	,	,	PUNCT
ijtc-723	185	13	but	but	CCONJ
ijtc-723	185	14	it	it	PRON
ijtc-723	185	15	will	will	AUX
ijtc-723	185	16	typically	typically	ADV
ijtc-723	185	17	involve	involve	VERB
ijtc-723	185	18	some	some	DET
ijtc-723	185	19	combination	combination	NOUN
ijtc-723	185	20	of	of	ADP
ijtc-723	185	21	the	the	DET
ijtc-723	185	22	input	input	NOUN
ijtc-723	185	23	variables	variable	NOUN
ijtc-723	185	24	and	and	CCONJ
ijtc-723	185	25	model	model	NOUN
ijtc-723	185	26	coefficients	coefficient	NOUN
ijtc-723	185	27	.	.	PUNCT
ijtc-723	186	1	it	it	PRON
ijtc-723	186	2	's	be	AUX
ijtc-723	186	3	important	important	ADJ
ijtc-723	186	4	to	to	PART
ijtc-723	186	5	note	note	VERB
ijtc-723	186	6	that	that	SCONJ
ijtc-723	186	7	the	the	DET
ijtc-723	186	8	pd	pd	PROPN
ijtc-723	186	9	is	be	AUX
ijtc-723	186	10	just	just	ADV
ijtc-723	186	11	one	one	NUM
ijtc-723	186	12	component	component	NOUN
ijtc-723	186	13	of	of	ADP
ijtc-723	186	14	credit	credit	NOUN
ijtc-723	186	15	risk	risk	NOUN
ijtc-723	186	16	assessment	assessment	NOUN
ijtc-723	186	17	and	and	CCONJ
ijtc-723	186	18	management	management	NOUN
ijtc-723	186	19	.	.	PUNCT
ijtc-723	187	1	other	other	ADJ
ijtc-723	187	2	factors	factor	NOUN
ijtc-723	187	3	,	,	PUNCT
ijtc-723	187	4	such	such	ADJ
ijtc-723	187	5	as	as	ADP
ijtc-723	187	6	recovery	recovery	NOUN
ijtc-723	187	7	rate	rate	NOUN
ijtc-723	187	8	and	and	CCONJ
ijtc-723	187	9	exposure	exposure	NOUN
ijtc-723	187	10	at	at	ADP
ijtc-723	187	11	default	default	NOUN
ijtc-723	187	12	,	,	PUNCT
ijtc-723	187	13	also	also	ADV
ijtc-723	187	14	need	need	VERB
ijtc-723	187	15	to	to	PART
ijtc-723	187	16	be	be	AUX
ijtc-723	187	17	considered	consider	VERB
ijtc-723	187	18	to	to	PART
ijtc-723	187	19	fully	fully	ADV
ijtc-723	187	20	assess	assess	VERB
ijtc-723	187	21	the	the	DET
ijtc-723	187	22	risk	risk	NOUN
ijtc-723	187	23	of	of	ADP
ijtc-723	187	24	a	a	DET
ijtc-723	187	25	loan	loan	NOUN
ijtc-723	187	26	portfolio	portfolio	NOUN
ijtc-723	187	27	.	.	PUNCT
ijtc-723	188	1	to	to	PART
ijtc-723	188	2	obtain	obtain	VERB
ijtc-723	188	3	the	the	DET
ijtc-723	188	4	loss	loss	NOUN
ijtc-723	188	5	given	give	VERB
ijtc-723	188	6	default	default	NOUN
ijtc-723	188	7	(	(	PUNCT
ijtc-723	188	8	lgd	lgd	PROPN
ijtc-723	188	9	)	)	PUNCT
ijtc-723	188	10	it	it	PRON
ijtc-723	188	11	is	be	AUX
ijtc-723	188	12	necessary	necessary	ADJ
ijtc-723	188	13	to	to	PART
ijtc-723	188	14	know	know	VERB
ijtc-723	188	15	the	the	DET
ijtc-723	188	16	recovery	recovery	NOUN
ijtc-723	188	17	rate	rate	NOUN
ijtc-723	188	18	(	(	PUNCT
ijtc-723	188	19	rr	rr	NOUN
ijtc-723	188	20	)	)	PUNCT
ijtc-723	188	21	,	,	PUNCT
ijtc-723	188	22	which	which	PRON
ijtc-723	188	23	represents	represent	VERB
ijtc-723	188	24	the	the	DET
ijtc-723	188	25	probability	probability	NOUN
ijtc-723	188	26	of	of	ADP
ijtc-723	188	27	recovery	recovery	NOUN
ijtc-723	188	28	of	of	ADP
ijtc-723	188	29	the	the	DET
ijtc-723	188	30	portfolio	portfolio	NOUN
ijtc-723	188	31	.	.	PUNCT
ijtc-723	189	1	in	in	ADP
ijtc-723	189	2	this	this	DET
ijtc-723	189	3	case	case	NOUN
ijtc-723	189	4	,	,	PUNCT
ijtc-723	189	5	the	the	DET
ijtc-723	189	6	recovery	recovery	NOUN
ijtc-723	189	7	rate	rate	NOUN
ijtc-723	189	8	is	be	AUX
ijtc-723	189	9	the	the	DET
ijtc-723	189	10	probability	probability	NOUN
ijtc-723	189	11	that	that	SCONJ
ijtc-723	189	12	a	a	DET
ijtc-723	189	13	customer	customer	NOUN
ijtc-723	189	14	who	who	PRON
ijtc-723	189	15	has	have	VERB
ijtc-723	189	16	a	a	DET
ijtc-723	189	17	loan	loan	NOUN
ijtc-723	189	18	portfolio	portfolio	NOUN
ijtc-723	189	19	will	will	AUX
ijtc-723	189	20	pay	pay	VERB
ijtc-723	189	21	the	the	DET
ijtc-723	189	22	outstanding	outstanding	ADJ
ijtc-723	189	23	amounts	amount	NOUN
ijtc-723	189	24	.	.	PUNCT
ijtc-723	190	1	therefore	therefore	ADV
ijtc-723	190	2	,	,	PUNCT
ijtc-723	190	3	lgd	lgd	PROPN
ijtc-723	190	4	is	be	AUX
ijtc-723	190	5	equal	equal	ADJ
ijtc-723	190	6	to	to	ADP
ijtc-723	190	7	:	:	PUNCT
ijtc-723	190	8	(	(	PUNCT
ijtc-723	190	9	1rr	1rr	ADJ
ijtc-723	190	10	)	)	PUNCT
ijtc-723	190	11	.	.	PUNCT
ijtc-723	191	1	since	since	SCONJ
ijtc-723	191	2	ifrs	ifrs	PROPN
ijtc-723	191	3	9	9	NUM
ijtc-723	191	4	does	do	AUX
ijtc-723	191	5	not	not	PART
ijtc-723	191	6	specify	specify	VERB
ijtc-723	191	7	a	a	DET
ijtc-723	191	8	detailed	detailed	ADJ
ijtc-723	191	9	method	method	NOUN
ijtc-723	191	10	for	for	ADP
ijtc-723	191	11	estimating	estimate	VERB
ijtc-723	191	12	this	this	DET
ijtc-723	191	13	parameter	parameter	NOUN
ijtc-723	191	14	,	,	PUNCT
ijtc-723	191	15	it	it	PRON
ijtc-723	191	16	was	be	AUX
ijtc-723	191	17	obtained	obtain	VERB
ijtc-723	191	18	from	from	ADP
ijtc-723	191	19	the	the	DET
ijtc-723	191	20	portfolio	portfolio	NOUN
ijtc-723	191	21	analysis	analysis	NOUN
ijtc-723	191	22	by	by	ADP
ijtc-723	191	23	category	category	NOUN
ijtc-723	191	24	:	:	PUNCT
ijtc-723	191	25	table	table	VERB
ijtc-723	191	26	no	no	NOUN
ijtc-723	191	27	.	.	NOUN
ijtc-723	191	28	7	7	NUM
ijtc-723	191	29	loss	loss	NOUN
ijtc-723	191	30	given	give	VERB
ijtc-723	191	31	default	default	NOUN
ijtc-723	191	32	(	(	PUNCT
ijtc-723	191	33	lgd	lgd	NOUN
ijtc-723	191	34	)	)	PUNCT
ijtc-723	191	35	category	category	NOUN
ijtc-723	191	36	recovery	recovery	NOUN
ijtc-723	191	37	rate	rate	NOUN
ijtc-723	191	38	(	(	PUNCT
ijtc-723	191	39	rr	rr	NOUN
ijtc-723	191	40	)	)	PUNCT
ijtc-723	191	41	loss	loss	NOUN
ijtc-723	191	42	given	give	VERB
ijtc-723	191	43	default	default	NOUN
ijtc-723	191	44	(	(	PUNCT
ijtc-723	191	45	lgd	lgd	NOUN
ijtc-723	191	46	)	)	PUNCT
ijtc-723	191	47	category	category	NOUN
ijtc-723	191	48	a	a	DET
ijtc-723	191	49	90,7	90,7	NUM
ijtc-723	191	50	%	%	NOUN
ijtc-723	191	51	9,3	9,3	NUM
ijtc-723	191	52	%	%	NOUN
ijtc-723	191	53	category	category	NOUN
ijtc-723	191	54	b	b	NOUN
ijtc-723	191	55	79,7	79,7	NUM
ijtc-723	191	56	%	%	NOUN
ijtc-723	191	57	20,3	20,3	NUM
ijtc-723	191	58	%	%	NOUN
ijtc-723	191	59	category	category	NOUN
ijtc-723	191	60	c	c	NOUN
ijtc-723	192	1	64,8	64,8	NUM
ijtc-723	192	2	%	%	NOUN
ijtc-723	192	3	35,2	35,2	NUM
ijtc-723	192	4	%	%	NOUN
ijtc-723	192	5	category	category	NOUN
ijtc-723	193	1	d	d	NOUN
ijtc-723	193	2	44,9	44,9	NUM
ijtc-723	193	3	%	%	NOUN
ijtc-723	193	4	55,1	55,1	NUM
ijtc-723	193	5	%	%	NOUN
ijtc-723	193	6	category	category	NOUN
ijtc-723	193	7	e	e	NOUN
ijtc-723	193	8	19,9	19,9	NUM
ijtc-723	193	9	%	%	NOUN
ijtc-723	193	10	80,1	80,1	NUM
ijtc-723	193	11	%	%	NOUN
ijtc-723	193	12	source	source	NOUN
ijtc-723	193	13	:	:	PUNCT
ijtc-723	193	14	research	research	NOUN
ijtc-723	193	15	data	datum	NOUN
ijtc-723	193	16	below	below	ADV
ijtc-723	193	17	,	,	PUNCT
ijtc-723	193	18	we	we	PRON
ijtc-723	193	19	present	present	VERB
ijtc-723	193	20	the	the	DET
ijtc-723	193	21	scheme	scheme	NOUN
ijtc-723	193	22	for	for	ADP
ijtc-723	193	23	calculating	calculate	VERB
ijtc-723	193	24	the	the	DET
ijtc-723	193	25	expected	expect	VERB
ijtc-723	193	26	credit	credit	NOUN
ijtc-723	193	27	loss	loss	NOUN
ijtc-723	193	28	(	(	PUNCT
ijtc-723	193	29	ecl	ecl	NOUN
ijtc-723	193	30	)	)	PUNCT
ijtc-723	193	31	for	for	ADP
ijtc-723	193	32	each	each	PRON
ijtc-723	193	33	of	of	ADP
ijtc-723	193	34	the	the	DET
ijtc-723	193	35	clients	client	NOUN
ijtc-723	193	36	that	that	PRON
ijtc-723	193	37	make	make	VERB
ijtc-723	193	38	up	up	ADP
ijtc-723	193	39	the	the	DET
ijtc-723	193	40	portfolio	portfolio	NOUN
ijtc-723	193	41	of	of	ADP
ijtc-723	193	42	the	the	DET
ijtc-723	193	43	non	non	ADJ
ijtc-723	193	44	-	-	ADJ
ijtc-723	193	45	financial	financial	ADJ
ijtc-723	193	46	company	company	NOUN
ijtc-723	193	47	.	.	PUNCT
ijtc-723	194	1	table	table	NOUN
ijtc-723	194	2	no	no	PROPN
ijtc-723	194	3	.	.	NOUN
ijtc-723	194	4	8	8	NUM
ijtc-723	194	5	calculation	calculation	NOUN
ijtc-723	194	6	of	of	ADP
ijtc-723	194	7	expected	expect	VERB
ijtc-723	194	8	credit	credit	NOUN
ijtc-723	194	9	loss	loss	NOUN
ijtc-723	194	10	(	(	PUNCT
ijtc-723	194	11	ecl	ecl	NOUN
ijtc-723	194	12	)	)	PUNCT
ijtc-723	194	13	customer	customer	NOUN
ijtc-723	194	14	days	day	NOUN
ijtc-723	194	15	late	late	ADJ
ijtc-723	194	16	initial	initial	ADJ
ijtc-723	194	17	qualification	qualification	NOUN
ijtc-723	194	18	final	final	ADJ
ijtc-723	194	19	qualification	qualification	NOUN
ijtc-723	194	20	ead	ead	PROPN
ijtc-723	194	21	lgd	lgd	PROPN
ijtc-723	194	22	pd	pd	PROPN
ijtc-723	194	23	ecl	ecl	PROPN
ijtc-723	194	24	1	1	NUM
ijtc-723	194	25	22	22	NUM
ijtc-723	194	26	a	a	DET
ijtc-723	194	27	a	a	DET
ijtc-723	194	28	87,76	87,76	NUM
ijtc-723	194	29	9,3	9,3	NUM
ijtc-723	194	30	%	%	NOUN
ijtc-723	194	31	4,3	4,3	NUM
ijtc-723	194	32	%	%	NOUN
ijtc-723	194	33	0,35	0,35	NOUN
ijtc-723	194	34	2	2	NUM
ijtc-723	194	35	23	23	NUM
ijtc-723	194	36	a	a	DET
ijtc-723	194	37	a	a	DET
ijtc-723	194	38	497,12	497,12	ADJ
ijtc-723	194	39	9,3	9,3	NUM
ijtc-723	194	40	%	%	NOUN
ijtc-723	194	41	3,0	3,0	NUM
ijtc-723	194	42	%	%	NOUN
ijtc-723	194	43	1,39	1,39	NOUN
ijtc-723	194	44	3	3	NUM
ijtc-723	194	45	58	58	NUM
ijtc-723	194	46	a	a	DET
ijtc-723	194	47	b	b	NOUN
ijtc-723	194	48	4.184,00	4.184,00	NUM
ijtc-723	194	49	20,3	20,3	NUM
ijtc-723	194	50	%	%	NOUN
ijtc-723	194	51	5,4	5,4	NUM
ijtc-723	194	52	%	%	NOUN
ijtc-723	194	53	45,46	45,46	NOUN
ijtc-723	194	54	https://www.ilomata.org/index.php/ijtc	https://www.ilomata.org/index.php/ijtc	ADJ
ijtc-723	194	55	application	application	NOUN
ijtc-723	194	56	of	of	ADP
ijtc-723	194	57	ifrs	ifrs	PROPN
ijtc-723	194	58	9	9	NUM
ijtc-723	194	59	financial	financial	ADJ
ijtc-723	194	60	instruments	instrument	NOUN
ijtc-723	194	61	and	and	CCONJ
ijtc-723	194	62	the	the	DET
ijtc-723	194	63	exposure	exposure	NOUN
ijtc-723	194	64	to	to	ADP
ijtc-723	194	65	credit	credit	NOUN
ijtc-723	194	66	risk	risk	NOUN
ijtc-723	194	67	(	(	PUNCT
ijtc-723	194	68	case	case	NOUN
ijtc-723	194	69	study	study	NOUN
ijtc-723	194	70	in	in	ADP
ijtc-723	194	71	ecuador	ecuador	PROPN
ijtc-723	194	72	)	)	PUNCT
ijtc-723	195	1	orellana	orellana	PROPN
ijtc-723	195	2	and	and	CCONJ
ijtc-723	195	3	rabanal	rabanal	VERB
ijtc-723	195	4	337	337	NUM
ijtc-723	195	5	|	|	NOUN
ijtc-723	195	6	ilomata	ilomata	NOUN
ijtc-723	195	7	international	international	ADJ
ijtc-723	195	8	journal	journal	NOUN
ijtc-723	195	9	of	of	ADP
ijtc-723	195	10	tax	tax	PROPN
ijtc-723	195	11	&	&	CCONJ
ijtc-723	195	12	accounting	accounting	PROPN
ijtc-723	195	13	https://www.ilomata.org/index.php/ijtc	https://www.ilomata.org/index.php/ijtc	PROPN
ijtc-723	195	14	4	4	NUM
ijtc-723	195	15	875	875	NUM
ijtc-723	195	16	e	e	NOUN
ijtc-723	195	17	e	e	X
ijtc-723	195	18	1.775,00	1.775,00	NUM
ijtc-723	195	19	80,1	80,1	NUM
ijtc-723	195	20	%	%	NOUN
ijtc-723	195	21	99,5	99,5	NUM
ijtc-723	195	22	%	%	NOUN
ijtc-723	195	23	1.414,41	1.414,41	NUM
ijtc-723	195	24	5	5	NUM
ijtc-723	195	25	22	22	NUM
ijtc-723	195	26	a	a	DET
ijtc-723	195	27	a	a	DET
ijtc-723	195	28	3.814,33	3.814,33	NUM
ijtc-723	195	29	9,3	9,3	NUM
ijtc-723	195	30	%	%	NOUN
ijtc-723	195	31	1,9	1,9	NUM
ijtc-723	195	32	%	%	NOUN
ijtc-723	195	33	6,89	6,89	NUM
ijtc-723	195	34	6	6	NUM
ijtc-723	195	35	1282	1282	NUM
ijtc-723	195	36	e	e	NOUN
ijtc-723	195	37	e	e	PROPN
ijtc-723	195	38	20.737,52	20.737,52	NUM
ijtc-723	195	39	80,1	80,1	NUM
ijtc-723	195	40	%	%	NOUN
ijtc-723	195	41	99,0	99,0	NUM
ijtc-723	195	42	%	%	NOUN
ijtc-723	195	43	16.431,95	16.431,95	NUM
ijtc-723	195	44	7	7	NUM
ijtc-723	195	45	22	22	NUM
ijtc-723	195	46	a	a	DET
ijtc-723	195	47	a	a	DET
ijtc-723	195	48	1.327,45	1.327,45	NUM
ijtc-723	195	49	9,3	9,3	NUM
ijtc-723	195	50	%	%	NOUN
ijtc-723	195	51	2,9	2,9	NUM
ijtc-723	195	52	%	%	NOUN
ijtc-723	195	53	3,62	3,62	NUM
ijtc-723	195	54	8	8	NUM
ijtc-723	195	55	22	22	NUM
ijtc-723	195	56	a	a	DET
ijtc-723	195	57	a	a	DET
ijtc-723	195	58	445,28	445,28	NOUN
ijtc-723	195	59	9,3	9,3	NUM
ijtc-723	195	60	%	%	NOUN
ijtc-723	195	61	4,0	4,0	NUM
ijtc-723	195	62	%	%	NOUN
ijtc-723	195	63	1,64	1,64	NUM
ijtc-723	195	64	n	n	NOUN
ijtc-723	195	65	..	..	PUNCT
ijtc-723	195	66	..	..	PUNCT
ijtc-723	195	67	..	..	PUNCT
ijtc-723	195	68	..	..	PUNCT
ijtc-723	195	69	..	..	PUNCT
ijtc-723	195	70	..	..	PUNCT
ijtc-723	196	1	..	..	PUNCT
ijtc-723	196	2	source	source	NOUN
ijtc-723	196	3	:	:	PUNCT
ijtc-723	196	4	research	research	NOUN
ijtc-723	196	5	data	datum	NOUN
ijtc-723	196	6	according	accord	VERB
ijtc-723	196	7	to	to	ADP
ijtc-723	196	8	the	the	DET
ijtc-723	196	9	results	result	NOUN
ijtc-723	196	10	obtained	obtain	VERB
ijtc-723	196	11	,	,	PUNCT
ijtc-723	196	12	the	the	DET
ijtc-723	196	13	study	study	NOUN
ijtc-723	196	14	presents	present	VERB
ijtc-723	196	15	the	the	DET
ijtc-723	196	16	situation	situation	NOUN
ijtc-723	196	17	of	of	ADP
ijtc-723	196	18	a	a	DET
ijtc-723	196	19	non	non	ADJ
ijtc-723	196	20	-	-	ADJ
ijtc-723	196	21	financial	financial	ADJ
ijtc-723	196	22	company	company	NOUN
ijtc-723	196	23	in	in	ADP
ijtc-723	196	24	the	the	DET
ijtc-723	196	25	services	service	NOUN
ijtc-723	196	26	sector	sector	NOUN
ijtc-723	196	27	that	that	SCONJ
ijtc-723	196	28	before	before	SCONJ
ijtc-723	196	29	the	the	DET
ijtc-723	196	30	pandemic	pandemic	NOUN
ijtc-723	196	31	showed	show	VERB
ijtc-723	196	32	stable	stable	ADJ
ijtc-723	196	33	liquidity	liquidity	NOUN
ijtc-723	196	34	,	,	PUNCT
ijtc-723	196	35	since	since	SCONJ
ijtc-723	196	36	it	it	PRON
ijtc-723	196	37	was	be	AUX
ijtc-723	196	38	able	able	ADJ
ijtc-723	196	39	to	to	PART
ijtc-723	196	40	meet	meet	VERB
ijtc-723	196	41	its	its	PRON
ijtc-723	196	42	short	short	ADJ
ijtc-723	196	43	-	-	PUNCT
ijtc-723	196	44	term	term	NOUN
ijtc-723	196	45	obligations	obligation	NOUN
ijtc-723	196	46	,	,	PUNCT
ijtc-723	196	47	but	but	CCONJ
ijtc-723	196	48	depended	depend	VERB
ijtc-723	196	49	on	on	ADP
ijtc-723	196	50	more	more	ADJ
ijtc-723	196	51	than	than	ADP
ijtc-723	196	52	50	50	NUM
ijtc-723	196	53	%	%	NOUN
ijtc-723	196	54	of	of	ADP
ijtc-723	196	55	the	the	DET
ijtc-723	196	56	financing	financing	NOUN
ijtc-723	196	57	of	of	ADP
ijtc-723	196	58	its	its	PRON
ijtc-723	196	59	creditors	creditor	NOUN
ijtc-723	196	60	,	,	PUNCT
ijtc-723	196	61	so	so	SCONJ
ijtc-723	196	62	it	it	PRON
ijtc-723	196	63	would	would	AUX
ijtc-723	196	64	reach	reach	VERB
ijtc-723	196	65	a	a	DET
ijtc-723	196	66	point	point	NOUN
ijtc-723	196	67	where	where	SCONJ
ijtc-723	196	68	it	it	PRON
ijtc-723	196	69	could	could	AUX
ijtc-723	196	70	not	not	PART
ijtc-723	196	71	meet	meet	VERB
ijtc-723	196	72	its	its	PRON
ijtc-723	196	73	obligations	obligation	NOUN
ijtc-723	196	74	even	even	ADV
ijtc-723	196	75	though	though	SCONJ
ijtc-723	196	76	it	it	PRON
ijtc-723	196	77	has	have	VERB
ijtc-723	196	78	liquidity	liquidity	NOUN
ijtc-723	196	79	.	.	PUNCT
ijtc-723	197	1	this	this	PRON
ijtc-723	197	2	is	be	AUX
ijtc-723	197	3	not	not	PART
ijtc-723	197	4	in	in	ADP
ijtc-723	197	5	great	great	ADJ
ijtc-723	197	6	proportion	proportion	NOUN
ijtc-723	197	7	,	,	PUNCT
ijtc-723	197	8	and	and	CCONJ
ijtc-723	197	9	in	in	ADP
ijtc-723	197	10	this	this	DET
ijtc-723	197	11	way	way	NOUN
ijtc-723	197	12	,	,	PUNCT
ijtc-723	197	13	he	he	PRON
ijtc-723	197	14	would	would	AUX
ijtc-723	197	15	manage	manage	VERB
ijtc-723	197	16	to	to	PART
ijtc-723	197	17	survive	survive	VERB
ijtc-723	197	18	the	the	DET
ijtc-723	197	19	payment	payment	NOUN
ijtc-723	197	20	of	of	ADP
ijtc-723	197	21	his	his	PRON
ijtc-723	197	22	debts	debt	NOUN
ijtc-723	197	23	.	.	PUNCT
ijtc-723	198	1	however	however	ADV
ijtc-723	198	2	,	,	PUNCT
ijtc-723	198	3	in	in	ADP
ijtc-723	198	4	the	the	DET
ijtc-723	198	5	current	current	ADJ
ijtc-723	198	6	economic	economic	ADJ
ijtc-723	198	7	context	context	NOUN
ijtc-723	198	8	it	it	PRON
ijtc-723	198	9	would	would	AUX
ijtc-723	198	10	present	present	VERB
ijtc-723	198	11	a	a	DET
ijtc-723	198	12	greater	great	ADJ
ijtc-723	198	13	risk	risk	NOUN
ijtc-723	198	14	of	of	ADP
ijtc-723	198	15	default	default	NOUN
ijtc-723	198	16	.	.	PUNCT
ijtc-723	199	1	through	through	ADP
ijtc-723	199	2	the	the	DET
ijtc-723	199	3	binary	binary	PROPN
ijtc-723	199	4	logistic	logistic	PROPN
ijtc-723	199	5	regression	regression	NOUN
ijtc-723	199	6	model	model	NOUN
ijtc-723	199	7	used	use	VERB
ijtc-723	199	8	,	,	PUNCT
ijtc-723	199	9	it	it	PRON
ijtc-723	199	10	was	be	AUX
ijtc-723	199	11	determined	determine	VERB
ijtc-723	199	12	that	that	SCONJ
ijtc-723	199	13	the	the	DET
ijtc-723	199	14	variables	variable	NOUN
ijtc-723	199	15	that	that	PRON
ijtc-723	199	16	are	be	AUX
ijtc-723	199	17	capable	capable	ADJ
ijtc-723	199	18	of	of	ADP
ijtc-723	199	19	determining	determine	VERB
ijtc-723	199	20	the	the	DET
ijtc-723	199	21	probability	probability	NOUN
ijtc-723	199	22	of	of	ADP
ijtc-723	199	23	default	default	NOUN
ijtc-723	199	24	for	for	ADP
ijtc-723	199	25	the	the	DET
ijtc-723	199	26	company	company	NOUN
ijtc-723	199	27	are	be	AUX
ijtc-723	199	28	:	:	PUNCT
ijtc-723	199	29	equity	equity	NOUN
ijtc-723	199	30	indebtedness	indebtedness	NOUN
ijtc-723	199	31	,	,	PUNCT
ijtc-723	199	32	leverage	leverage	NOUN
ijtc-723	199	33	,	,	PUNCT
ijtc-723	199	34	portfolio	portfolio	NOUN
ijtc-723	199	35	turnover	turnover	NOUN
ijtc-723	199	36	,	,	PUNCT
ijtc-723	199	37	current	current	ADJ
ijtc-723	199	38	liquidity	liquidity	NOUN
ijtc-723	199	39	,	,	PUNCT
ijtc-723	199	40	gross	gross	ADJ
ijtc-723	199	41	margin	margin	NOUN
ijtc-723	199	42	,	,	PUNCT
ijtc-723	199	43	corporate	corporate	ADJ
ijtc-723	199	44	compliance	compliance	NOUN
ijtc-723	199	45	status	status	NOUN
ijtc-723	199	46	.	.	PUNCT
ijtc-723	200	1	the	the	DET
ijtc-723	200	2	model	model	NOUN
ijtc-723	200	3	obtained	obtain	VERB
ijtc-723	200	4	can	can	AUX
ijtc-723	200	5	predict	predict	VERB
ijtc-723	200	6	the	the	DET
ijtc-723	200	7	fulfillment	fulfillment	NOUN
ijtc-723	200	8	of	of	ADP
ijtc-723	200	9	payments	payment	NOUN
ijtc-723	200	10	in	in	ADP
ijtc-723	200	11	a	a	DET
ijtc-723	200	12	general	general	ADJ
ijtc-723	200	13	way	way	NOUN
ijtc-723	200	14	by	by	ADP
ijtc-723	200	15	91.3	91.3	NUM
ijtc-723	200	16	%	%	NOUN
ijtc-723	200	17	,	,	PUNCT
ijtc-723	200	18	that	that	ADV
ijtc-723	200	19	is	is	ADV
ijtc-723	200	20	,	,	PUNCT
ijtc-723	200	21	the	the	DET
ijtc-723	200	22	model	model	NOUN
ijtc-723	200	23	has	have	VERB
ijtc-723	200	24	an	an	DET
ijtc-723	200	25	optimal	optimal	ADJ
ijtc-723	200	26	predictive	predictive	ADJ
ijtc-723	200	27	character	character	NOUN
ijtc-723	200	28	.	.	PUNCT
ijtc-723	201	1	on	on	ADP
ijtc-723	201	2	the	the	DET
ijtc-723	201	3	other	other	ADJ
ijtc-723	201	4	hand	hand	NOUN
ijtc-723	201	5	,	,	PUNCT
ijtc-723	201	6	the	the	DET
ijtc-723	201	7	application	application	NOUN
ijtc-723	201	8	of	of	ADP
ijtc-723	201	9	ifrs	ifrs	PROPN
ijtc-723	201	10	9	9	NUM
ijtc-723	201	11	resulted	result	VERB
ijtc-723	201	12	in	in	ADP
ijtc-723	201	13	the	the	DET
ijtc-723	201	14	recording	recording	NOUN
ijtc-723	201	15	of	of	ADP
ijtc-723	201	16	a	a	DET
ijtc-723	201	17	provision	provision	NOUN
ijtc-723	201	18	representing	represent	VERB
ijtc-723	201	19	23	23	NUM
ijtc-723	201	20	%	%	NOUN
ijtc-723	201	21	of	of	ADP
ijtc-723	201	22	the	the	DET
ijtc-723	201	23	company	company	NOUN
ijtc-723	201	24	's	's	PART
ijtc-723	201	25	portfolio	portfolio	NOUN
ijtc-723	201	26	,	,	PUNCT
ijtc-723	201	27	compared	compare	VERB
ijtc-723	201	28	to	to	ADP
ijtc-723	201	29	9	9	NUM
ijtc-723	201	30	%	%	NOUN
ijtc-723	201	31	recorded	record	VERB
ijtc-723	201	32	in	in	ADP
ijtc-723	201	33	the	the	DET
ijtc-723	201	34	company	company	NOUN
ijtc-723	201	35	's	's	PART
ijtc-723	201	36	books	book	NOUN
ijtc-723	201	37	before	before	ADP
ijtc-723	201	38	the	the	DET
ijtc-723	201	39	pandemic	pandemic	NOUN
ijtc-723	201	40	.	.	PUNCT
ijtc-723	202	1	given	give	VERB
ijtc-723	202	2	these	these	DET
ijtc-723	202	3	facts	fact	NOUN
ijtc-723	202	4	,	,	PUNCT
ijtc-723	202	5	it	it	PRON
ijtc-723	202	6	is	be	AUX
ijtc-723	202	7	necessary	necessary	ADJ
ijtc-723	202	8	to	to	PART
ijtc-723	202	9	improve	improve	VERB
ijtc-723	202	10	credit	credit	NOUN
ijtc-723	202	11	granting	grant	VERB
ijtc-723	202	12	policies	policy	NOUN
ijtc-723	202	13	because	because	SCONJ
ijtc-723	202	14	their	their	PRON
ijtc-723	202	15	portfolio	portfolio	NOUN
ijtc-723	202	16	is	be	AUX
ijtc-723	202	17	complex	complex	ADJ
ijtc-723	202	18	and	and	CCONJ
ijtc-723	202	19	requires	require	VERB
ijtc-723	202	20	observing	observe	VERB
ijtc-723	202	21	different	different	ADJ
ijtc-723	202	22	variables	variable	NOUN
ijtc-723	202	23	to	to	PART
ijtc-723	202	24	meet	meet	VERB
ijtc-723	202	25	their	their	PRON
ijtc-723	202	26	needs	need	NOUN
ijtc-723	202	27	,	,	PUNCT
ijtc-723	202	28	such	such	ADJ
ijtc-723	202	29	as	as	ADP
ijtc-723	202	30	the	the	DET
ijtc-723	202	31	financial	financial	ADJ
ijtc-723	202	32	analysis	analysis	NOUN
ijtc-723	202	33	of	of	ADP
ijtc-723	202	34	customers	customer	NOUN
ijtc-723	202	35	,	,	PUNCT
ijtc-723	202	36	the	the	DET
ijtc-723	202	37	existence	existence	NOUN
ijtc-723	202	38	of	of	ADP
ijtc-723	202	39	guarantees	guarantee	NOUN
ijtc-723	202	40	,	,	PUNCT
ijtc-723	202	41	credit	credit	NOUN
ijtc-723	202	42	history	history	NOUN
ijtc-723	202	43	,	,	PUNCT
ijtc-723	202	44	if	if	SCONJ
ijtc-723	202	45	they	they	PRON
ijtc-723	202	46	are	be	AUX
ijtc-723	202	47	recurring	recur	VERB
ijtc-723	202	48	customers	customer	NOUN
ijtc-723	202	49	and	and	CCONJ
ijtc-723	202	50	if	if	SCONJ
ijtc-723	202	51	they	they	PRON
ijtc-723	202	52	have	have	AUX
ijtc-723	202	53	been	be	AUX
ijtc-723	202	54	in	in	ADP
ijtc-723	202	55	default	default	NOUN
ijtc-723	202	56	for	for	ADP
ijtc-723	202	57	days	day	NOUN
ijtc-723	202	58	on	on	ADP
ijtc-723	202	59	previous	previous	ADJ
ijtc-723	202	60	loans	loan	NOUN
ijtc-723	202	61	.	.	PUNCT
ijtc-723	203	1	conclusion	conclusion	NOUN
ijtc-723	203	2	the	the	DET
ijtc-723	203	3	company	company	NOUN
ijtc-723	203	4	in	in	ADP
ijtc-723	203	5	the	the	DET
ijtc-723	203	6	service	service	NOUN
ijtc-723	203	7	sector	sector	NOUN
ijtc-723	203	8	has	have	AUX
ijtc-723	203	9	used	use	VERB
ijtc-723	203	10	a	a	DET
ijtc-723	203	11	binary	binary	ADJ
ijtc-723	203	12	logistic	logistic	ADJ
ijtc-723	203	13	regression	regression	NOUN
ijtc-723	203	14	model	model	NOUN
ijtc-723	203	15	to	to	PART
ijtc-723	203	16	calculate	calculate	VERB
ijtc-723	203	17	the	the	DET
ijtc-723	203	18	probability	probability	NOUN
ijtc-723	203	19	of	of	ADP
ijtc-723	203	20	default	default	NOUN
ijtc-723	203	21	(	(	PUNCT
ijtc-723	203	22	pd	pd	NOUN
ijtc-723	203	23	)	)	PUNCT
ijtc-723	203	24	for	for	ADP
ijtc-723	203	25	its	its	PRON
ijtc-723	203	26	portfolio	portfolio	NOUN
ijtc-723	203	27	.	.	PUNCT
ijtc-723	204	1	this	this	DET
ijtc-723	204	2	model	model	NOUN
ijtc-723	204	3	is	be	AUX
ijtc-723	204	4	commonly	commonly	ADV
ijtc-723	204	5	used	use	VERB
ijtc-723	204	6	in	in	ADP
ijtc-723	204	7	credit	credit	NOUN
ijtc-723	204	8	risk	risk	NOUN
ijtc-723	204	9	.	.	PUNCT
ijtc-723	205	1	furthermore	furthermore	ADV
ijtc-723	205	2	,	,	PUNCT
ijtc-723	205	3	the	the	DET
ijtc-723	205	4	company	company	NOUN
ijtc-723	205	5	has	have	AUX
ijtc-723	205	6	also	also	ADV
ijtc-723	205	7	used	use	VERB
ijtc-723	205	8	the	the	DET
ijtc-723	205	9	international	international	ADJ
ijtc-723	205	10	financial	financial	ADJ
ijtc-723	205	11	reporting	reporting	NOUN
ijtc-723	205	12	standard	standard	NOUN
ijtc-723	205	13	9	9	NUM
ijtc-723	205	14	(	(	PUNCT
ijtc-723	205	15	ifrs	ifrs	NOUN
ijtc-723	205	16	9	9	NUM
ijtc-723	205	17	)	)	PUNCT
ijtc-723	205	18	approach	approach	NOUN
ijtc-723	205	19	to	to	PART
ijtc-723	205	20	estimate	estimate	VERB
ijtc-723	205	21	the	the	DET
ijtc-723	205	22	expected	expect	VERB
ijtc-723	205	23	credit	credit	NOUN
ijtc-723	205	24	loss	loss	NOUN
ijtc-723	205	25	(	(	PUNCT
ijtc-723	205	26	ecl	ecl	PROPN
ijtc-723	205	27	)	)	PUNCT
ijtc-723	205	28	for	for	ADP
ijtc-723	205	29	its	its	PRON
ijtc-723	205	30	portfolio	portfolio	NOUN
ijtc-723	205	31	.	.	PUNCT
ijtc-723	206	1	this	this	DET
ijtc-723	206	2	approach	approach	NOUN
ijtc-723	206	3	requires	require	VERB
ijtc-723	206	4	the	the	DET
ijtc-723	206	5	calculation	calculation	NOUN
ijtc-723	206	6	of	of	ADP
ijtc-723	206	7	two	two	NUM
ijtc-723	206	8	key	key	ADJ
ijtc-723	206	9	parameters	parameter	NOUN
ijtc-723	206	10	,	,	PUNCT
ijtc-723	206	11	namely	namely	ADV
ijtc-723	206	12	the	the	DET
ijtc-723	206	13	loss	loss	NOUN
ijtc-723	206	14	given	give	VERB
ijtc-723	206	15	default	default	NOUN
ijtc-723	206	16	(	(	PUNCT
ijtc-723	206	17	lgd	lgd	NOUN
ijtc-723	206	18	)	)	PUNCT
ijtc-723	206	19	and	and	CCONJ
ijtc-723	206	20	portfolio	portfolio	NOUN
ijtc-723	206	21	exposure	exposure	NOUN
ijtc-723	206	22	at	at	ADP
ijtc-723	206	23	default	default	NOUN
ijtc-723	206	24	(	(	PUNCT
ijtc-723	206	25	ead	ead	NOUN
ijtc-723	206	26	)	)	PUNCT
ijtc-723	206	27	,	,	PUNCT
ijtc-723	206	28	for	for	ADP
ijtc-723	206	29	each	each	DET
ijtc-723	206	30	client	client	NOUN
ijtc-723	206	31	category	category	NOUN
ijtc-723	206	32	in	in	ADP
ijtc-723	206	33	the	the	DET
ijtc-723	206	34	portfolio	portfolio	NOUN
ijtc-723	206	35	.	.	PUNCT
ijtc-723	207	1	based	base	VERB
ijtc-723	207	2	on	on	ADP
ijtc-723	207	3	the	the	DET
ijtc-723	207	4	information	information	NOUN
ijtc-723	207	5	provided	provide	VERB
ijtc-723	207	6	,	,	PUNCT
ijtc-723	207	7	it	it	PRON
ijtc-723	207	8	appears	appear	VERB
ijtc-723	207	9	that	that	SCONJ
ijtc-723	207	10	the	the	DET
ijtc-723	207	11	company	company	NOUN
ijtc-723	207	12	has	have	AUX
ijtc-723	207	13	estimated	estimate	VERB
ijtc-723	207	14	a	a	DET
ijtc-723	207	15	23	23	NUM
ijtc-723	207	16	%	%	NOUN
ijtc-723	207	17	deterioration	deterioration	NOUN
ijtc-723	207	18	in	in	ADP
ijtc-723	207	19	the	the	DET
ijtc-723	207	20	portfolio	portfolio	NOUN
ijtc-723	207	21	in	in	ADP
ijtc-723	207	22	pandemic	pandemic	ADJ
ijtc-723	207	23	situations	situation	NOUN
ijtc-723	207	24	compared	compare	VERB
ijtc-723	207	25	to	to	ADP
ijtc-723	207	26	a	a	DET
ijtc-723	207	27	baseline	baseline	ADJ
ijtc-723	207	28	scenario	scenario	NOUN
ijtc-723	207	29	of	of	ADP
ijtc-723	207	30	9	9	NUM
ijtc-723	207	31	%	%	NOUN
ijtc-723	207	32	before	before	SCONJ
ijtc-723	207	33	the	the	DET
ijtc-723	207	34	pandemic	pandemic	NOUN
ijtc-723	207	35	occurred	occur	VERB
ijtc-723	207	36	.	.	PUNCT
ijtc-723	208	1	this	this	PRON
ijtc-723	208	2	suggests	suggest	VERB
ijtc-723	208	3	that	that	SCONJ
ijtc-723	208	4	the	the	DET
ijtc-723	208	5	pandemic	pandemic	NOUN
ijtc-723	208	6	has	have	AUX
ijtc-723	208	7	had	have	VERB
ijtc-723	208	8	a	a	DET
ijtc-723	208	9	significant	significant	ADJ
ijtc-723	208	10	impact	impact	NOUN
ijtc-723	208	11	on	on	ADP
ijtc-723	208	12	the	the	DET
ijtc-723	208	13	credit	credit	NOUN
ijtc-723	208	14	quality	quality	NOUN
ijtc-723	208	15	of	of	ADP
ijtc-723	208	16	the	the	DET
ijtc-723	208	17	portfolio	portfolio	NOUN
ijtc-723	208	18	,	,	PUNCT
ijtc-723	208	19	resulting	result	VERB
ijtc-723	208	20	in	in	ADP
ijtc-723	208	21	a	a	DET
ijtc-723	208	22	higher	high	ADJ
ijtc-723	208	23	expected	expect	VERB
ijtc-723	208	24	credit	credit	NOUN
ijtc-723	208	25	loss	loss	NOUN
ijtc-723	208	26	.	.	PUNCT
ijtc-723	209	1	it	it	PRON
ijtc-723	209	2	is	be	AUX
ijtc-723	209	3	worth	worth	ADJ
ijtc-723	209	4	noting	note	VERB
ijtc-723	209	5	that	that	SCONJ
ijtc-723	209	6	the	the	DET
ijtc-723	209	7	estimation	estimation	NOUN
ijtc-723	209	8	of	of	ADP
ijtc-723	209	9	credit	credit	NOUN
ijtc-723	209	10	risk	risk	NOUN
ijtc-723	209	11	parameters	parameter	NOUN
ijtc-723	209	12	and	and	CCONJ
ijtc-723	209	13	the	the	DET
ijtc-723	209	14	calculation	calculation	NOUN
ijtc-723	209	15	of	of	ADP
ijtc-723	209	16	expected	expect	VERB
ijtc-723	209	17	credit	credit	NOUN
ijtc-723	209	18	losses	loss	NOUN
ijtc-723	209	19	are	be	AUX
ijtc-723	209	20	complex	complex	ADJ
ijtc-723	209	21	and	and	CCONJ
ijtc-723	209	22	involve	involve	VERB
ijtc-723	209	23	various	various	ADJ
ijtc-723	209	24	assumptions	assumption	NOUN
ijtc-723	209	25	and	and	CCONJ
ijtc-723	209	26	inputs	input	NOUN
ijtc-723	209	27	.	.	PUNCT
ijtc-723	210	1	therefore	therefore	ADV
ijtc-723	210	2	,	,	PUNCT
ijtc-723	210	3	it	it	PRON
ijtc-723	210	4	is	be	AUX
ijtc-723	210	5	important	important	ADJ
ijtc-723	210	6	for	for	SCONJ
ijtc-723	210	7	the	the	DET
ijtc-723	210	8	company	company	NOUN
ijtc-723	210	9	to	to	PART
ijtc-723	210	10	ensure	ensure	VERB
ijtc-723	210	11	that	that	SCONJ
ijtc-723	210	12	its	its	PRON
ijtc-723	210	13	modeling	modeling	NOUN
ijtc-723	210	14	methodologies	methodology	NOUN
ijtc-723	210	15	and	and	CCONJ
ijtc-723	210	16	data	datum	NOUN
ijtc-723	210	17	inputs	input	NOUN
ijtc-723	210	18	are	be	AUX
ijtc-723	210	19	appropriate	appropriate	ADJ
ijtc-723	210	20	and	and	CCONJ
ijtc-723	210	21	https://www.ilomata.org/index.php/ijtc	https://www.ilomata.org/index.php/ijtc	ADJ
ijtc-723	210	22	application	application	NOUN
ijtc-723	210	23	of	of	ADP
ijtc-723	210	24	ifrs	ifrs	PROPN
ijtc-723	210	25	9	9	NUM
ijtc-723	210	26	financial	financial	ADJ
ijtc-723	210	27	instruments	instrument	NOUN
ijtc-723	210	28	and	and	CCONJ
ijtc-723	210	29	the	the	DET
ijtc-723	210	30	exposure	exposure	NOUN
ijtc-723	210	31	to	to	ADP
ijtc-723	210	32	credit	credit	NOUN
ijtc-723	210	33	risk	risk	NOUN
ijtc-723	210	34	(	(	PUNCT
ijtc-723	210	35	case	case	NOUN
ijtc-723	210	36	study	study	NOUN
ijtc-723	210	37	in	in	ADP
ijtc-723	210	38	ecuador	ecuador	PROPN
ijtc-723	210	39	)	)	PUNCT
ijtc-723	210	40	orellana	orellana	PROPN
ijtc-723	210	41	and	and	CCONJ
ijtc-723	210	42	rabanal	rabanal	VERB
ijtc-723	210	43	338	338	NUM
ijtc-723	210	44	|	|	NOUN
ijtc-723	210	45	ilomata	ilomata	NOUN
ijtc-723	210	46	international	international	ADJ
ijtc-723	210	47	journal	journal	NOUN
ijtc-723	210	48	of	of	ADP
ijtc-723	210	49	tax	tax	PROPN
ijtc-723	210	50	&	&	CCONJ
ijtc-723	210	51	accounting	account	VERB
ijtc-723	210	52	https://www.ilomata.org/index.php/ijtc	https://www.ilomata.org/index.php/ijtc	PROPN
ijtc-723	210	53	up	up	ADP
ijtc-723	210	54	-	-	PUNCT
ijtc-723	210	55	to	to	ADP
ijtc-723	210	56	-	-	PUNCT
ijtc-723	210	57	date	date	NOUN
ijtc-723	210	58	,	,	PUNCT
ijtc-723	210	59	and	and	CCONJ
ijtc-723	210	60	that	that	SCONJ
ijtc-723	210	61	the	the	DET
ijtc-723	210	62	results	result	NOUN
ijtc-723	210	63	are	be	AUX
ijtc-723	210	64	regularly	regularly	ADV
ijtc-723	210	65	monitored	monitor	VERB
ijtc-723	210	66	and	and	CCONJ
ijtc-723	210	67	validated	validate	VERB
ijtc-723	210	68	.	.	PUNCT
ijtc-723	211	1	this	this	PRON
ijtc-723	211	2	can	can	AUX
ijtc-723	211	3	help	help	VERB
ijtc-723	211	4	to	to	PART
ijtc-723	211	5	improve	improve	VERB
ijtc-723	211	6	the	the	DET
ijtc-723	211	7	accuracy	accuracy	NOUN
ijtc-723	211	8	and	and	CCONJ
ijtc-723	211	9	reliability	reliability	NOUN
ijtc-723	211	10	of	of	ADP
ijtc-723	211	11	the	the	DET
ijtc-723	211	12	credit	credit	NOUN
ijtc-723	211	13	risk	risk	NOUN
ijtc-723	211	14	estimates	estimate	NOUN
ijtc-723	211	15	and	and	CCONJ
ijtc-723	211	16	support	support	VERB
ijtc-723	211	17	sound	sound	ADJ
ijtc-723	211	18	credit	credit	NOUN
ijtc-723	211	19	risk	risk	NOUN
ijtc-723	211	20	management	management	NOUN
ijtc-723	211	21	practices	practice	NOUN
ijtc-723	211	22	.	.	PUNCT
ijtc-723	212	1	ifrs	ifrs	NOUN
ijtc-723	212	2	9	9	NUM
ijtc-723	212	3	recommends	recommend	VERB
ijtc-723	212	4	using	use	VERB
ijtc-723	212	5	the	the	DET
ijtc-723	212	6	provisions	provision	NOUN
ijtc-723	212	7	matrix	matrix	NOUN
ijtc-723	212	8	as	as	ADP
ijtc-723	212	9	an	an	DET
ijtc-723	212	10	alternative	alternative	ADJ
ijtc-723	212	11	method	method	NOUN
ijtc-723	212	12	,	,	PUNCT
ijtc-723	212	13	where	where	SCONJ
ijtc-723	212	14	the	the	DET
ijtc-723	212	15	age	age	NOUN
ijtc-723	212	16	of	of	ADP
ijtc-723	212	17	the	the	DET
ijtc-723	212	18	portfolio	portfolio	NOUN
ijtc-723	212	19	is	be	AUX
ijtc-723	212	20	identified	identify	VERB
ijtc-723	212	21	,	,	PUNCT
ijtc-723	212	22	each	each	DET
ijtc-723	212	23	client	client	NOUN
ijtc-723	212	24	is	be	AUX
ijtc-723	212	25	qualified	qualified	ADJ
ijtc-723	212	26	,	,	PUNCT
ijtc-723	212	27	and	and	CCONJ
ijtc-723	212	28	the	the	DET
ijtc-723	212	29	provisions	provision	NOUN
ijtc-723	212	30	to	to	PART
ijtc-723	212	31	be	be	AUX
ijtc-723	212	32	made	make	VERB
ijtc-723	212	33	are	be	AUX
ijtc-723	212	34	estimated	estimate	VERB
ijtc-723	212	35	,	,	PUNCT
ijtc-723	212	36	under	under	ADP
ijtc-723	212	37	the	the	DET
ijtc-723	212	38	hypothesis	hypothesis	NOUN
ijtc-723	212	39	that	that	PRON
ijtc-723	212	40	the	the	PRON
ijtc-723	212	41	longer	long	ADJ
ijtc-723	212	42	the	the	DET
ijtc-723	212	43	delinquency	delinquency	NOUN
ijtc-723	212	44	time	time	NOUN
ijtc-723	212	45	,	,	PUNCT
ijtc-723	212	46	the	the	PRON
ijtc-723	212	47	greater	great	ADJ
ijtc-723	212	48	the	the	DET
ijtc-723	212	49	portfolio	portfolio	NOUN
ijtc-723	212	50	deterioration	deterioration	NOUN
ijtc-723	212	51	,	,	PUNCT
ijtc-723	212	52	a	a	DET
ijtc-723	212	53	situation	situation	NOUN
ijtc-723	212	54	that	that	PRON
ijtc-723	212	55	is	be	AUX
ijtc-723	212	56	accentuated	accentuate	VERB
ijtc-723	212	57	in	in	ADP
ijtc-723	212	58	this	this	DET
ijtc-723	212	59	situation	situation	NOUN
ijtc-723	212	60	after	after	ADP
ijtc-723	212	61	the	the	DET
ijtc-723	212	62	pandemic	pandemic	NOUN
ijtc-723	212	63	.	.	PUNCT
ijtc-723	213	1	reference	reference	PROPN
ijtc-723	213	2	achim	achim	PROPN
ijtc-723	213	3	,	,	PUNCT
ijtc-723	213	4	l.-g	l.-g	PROPN
ijtc-723	213	5	.	.	PROPN
ijtc-723	213	6	,	,	PUNCT
ijtc-723	213	7	mitoi	mitoi	PROPN
ijtc-723	213	8	,	,	PUNCT
ijtc-723	213	9	e.	e.	PROPN
ijtc-723	213	10	,	,	PUNCT
ijtc-723	213	11	&	&	CCONJ
ijtc-723	213	12	turlea	turlea	ADV
ijtc-723	213	13	,	,	PUNCT
ijtc-723	213	14	i.-c	i.-c	NOUN
ijtc-723	213	15	.	.	PUNCT
ijtc-723	214	1	(	(	PUNCT
ijtc-723	214	2	2021	2021	NUM
ijtc-723	214	3	)	)	PUNCT
ijtc-723	214	4	.	.	PUNCT
ijtc-723	215	1	a	a	DET
ijtc-723	215	2	methodological	methodological	ADJ
ijtc-723	215	3	approach	approach	NOUN
ijtc-723	215	4	to	to	ADP
ijtc-723	215	5	developing	develop	VERB
ijtc-723	215	6	and	and	CCONJ
ijtc-723	215	7	validating	validate	VERB
ijtc-723	215	8	ifrs	ifrs	PROPN
ijtc-723	215	9	9	9	NUM
ijtc-723	215	10	-lgd	-lgd	PUNCT
ijtc-723	215	11	parameters	parameter	NOUN
ijtc-723	215	12	.	.	PUNCT
ijtc-723	216	1	proceedings	proceeding	NOUN
ijtc-723	216	2	of	of	ADP
ijtc-723	216	3	the	the	DET
ijtc-723	216	4	international	international	ADJ
ijtc-723	216	5	conference	conference	NOUN
ijtc-723	216	6	on	on	ADP
ijtc-723	216	7	business	business	NOUN
ijtc-723	216	8	excellence	excellence	PROPN
ijtc-723	216	9	,	,	PUNCT
ijtc-723	216	10	15(1	15(1	NUM
ijtc-723	216	11	)	)	PUNCT
ijtc-723	216	12	,	,	PUNCT
ijtc-723	216	13	683–694	683–694	NUM
ijtc-723	216	14	.	.	PUNCT
ijtc-723	217	1	https://doi.org/10.2478/picbe-2021-0064	https://doi.org/10.2478/picbe-2021-0064	PROPN
ijtc-723	217	2	azúa	azúa	PROPN
ijtc-723	217	3	álvarez	álvarez	PROPN
ijtc-723	217	4	,	,	PUNCT
ijtc-723	217	5	d.	d.	PROPN
ijtc-723	217	6	,	,	PUNCT
ijtc-723	217	7	rojas	rojas	PROPN
ijtc-723	217	8	molina	molina	PROPN
ijtc-723	217	9	,	,	PUNCT
ijtc-723	217	10	l.	l.	PROPN
ijtc-723	217	11	,	,	PUNCT
ijtc-723	217	12	gutiérrez	gutiérrez	PROPN
ijtc-723	217	13	montoya	montoya	PROPN
ijtc-723	217	14	,	,	PUNCT
ijtc-723	217	15	d.	d.	PROPN
ijtc-723	217	16	,	,	PUNCT
ijtc-723	217	17	rincón	rincón	PROPN
ijtc-723	217	18	perilla	perilla	PROPN
ijtc-723	217	19	,	,	PUNCT
ijtc-723	217	20	e.	e.	PROPN
ijtc-723	217	21	,	,	PUNCT
ijtc-723	217	22	&	&	CCONJ
ijtc-723	217	23	pérez	pérez	PROPN
ijtc-723	217	24	pertuz	pertuz	PROPN
ijtc-723	217	25	,	,	PUNCT
ijtc-723	217	26	j.	j.	PROPN
ijtc-723	217	27	(	(	PUNCT
ijtc-723	217	28	2021	2021	NUM
ijtc-723	217	29	)	)	PUNCT
ijtc-723	217	30	.	.	PUNCT
ijtc-723	218	1	effects	effect	NOUN
ijtc-723	218	2	associated	associate	VERB
ijtc-723	218	3	with	with	ADP
ijtc-723	218	4	the	the	DET
ijtc-723	218	5	implementation	implementation	NOUN
ijtc-723	218	6	of	of	ADP
ijtc-723	218	7	ifrs	ifrs	NOUN
ijtc-723	218	8	9	9	NUM
ijtc-723	218	9	:	:	PUNCT
ijtc-723	218	10	financial	financial	ADJ
ijtc-723	218	11	instruments	instrument	NOUN
ijtc-723	218	12	.	.	PUNCT
ijtc-723	219	1	https://cipres.sanmateo.edu.co/ojs/index.php/libros/article/view/437	https://cipres.sanmateo.edu.co/ojs/index.php/libros/article/view/437	PROPN
ijtc-723	219	2	bank	bank	PROPN
ijtc-723	219	3	,	,	PUNCT
ijtc-723	219	4	m.	m.	NOUN
ijtc-723	219	5	,	,	PUNCT
ijtc-723	219	6	&	&	CCONJ
ijtc-723	219	7	eder	eder	NOUN
ijtc-723	219	8	,	,	PUNCT
ijtc-723	219	9	b.	b.	PROPN
ijtc-723	219	10	(	(	PUNCT
ijtc-723	219	11	2021	2021	NUM
ijtc-723	219	12	)	)	PUNCT
ijtc-723	219	13	.	.	PUNCT
ijtc-723	220	1	a	a	DET
ijtc-723	220	2	review	review	NOUN
ijtc-723	220	3	on	on	ADP
ijtc-723	220	4	the	the	DET
ijtc-723	220	5	probability	probability	NOUN
ijtc-723	220	6	of	of	ADP
ijtc-723	220	7	default	default	NOUN
ijtc-723	220	8	for	for	ADP
ijtc-723	220	9	ifrs	ifrs	NOUN
ijtc-723	220	10	9	9	NUM
ijtc-723	220	11	.	.	PUNCT
ijtc-723	220	12	https://doi.org/10.2139/ssrn.3981339	https://doi.org/10.2139/ssrn.3981339	PROPN
ijtc-723	220	13	bushman	bushman	PROPN
ijtc-723	220	14	,	,	PUNCT
ijtc-723	220	15	r.	r.	PROPN
ijtc-723	220	16	m.	m.	PROPN
ijtc-723	220	17	,	,	PUNCT
ijtc-723	220	18	&	&	CCONJ
ijtc-723	220	19	williams	williams	PROPN
ijtc-723	220	20	,	,	PUNCT
ijtc-723	220	21	c.	c.	PROPN
ijtc-723	220	22	d.	d.	PROPN
ijtc-723	220	23	(	(	PUNCT
ijtc-723	220	24	2012	2012	NUM
ijtc-723	220	25	)	)	PUNCT
ijtc-723	220	26	.	.	PUNCT
ijtc-723	221	1	accounting	accounting	NOUN
ijtc-723	221	2	discretion	discretion	NOUN
ijtc-723	221	3	,	,	PUNCT
ijtc-723	221	4	loan	loan	NOUN
ijtc-723	221	5	loss	loss	NOUN
ijtc-723	221	6	provisioning	provisioning	NOUN
ijtc-723	221	7	and	and	CCONJ
ijtc-723	221	8	discipline	discipline	NOUN
ijtc-723	221	9	of	of	ADP
ijtc-723	221	10	banks	bank	NOUN
ijtc-723	221	11	’	’	PART
ijtc-723	221	12	risk	risk	NOUN
ijtc-723	221	13	-	-	PUNCT
ijtc-723	221	14	taking	taking	NOUN
ijtc-723	221	15	(	(	PUNCT
ijtc-723	221	16	april	april	PROPN
ijtc-723	221	17	25	25	NUM
ijtc-723	221	18	,	,	PUNCT
ijtc-723	221	19	2012	2012	NUM
ijtc-723	221	20	.	.	PUNCT
ijtc-723	222	1	journal	journal	NOUN
ijtc-723	222	2	of	of	ADP
ijtc-723	222	3	accounting	accounting	PROPN
ijtc-723	222	4	&	&	CCONJ
ijtc-723	222	5	economics	economic	NOUN
ijtc-723	222	6	,	,	PUNCT
ijtc-723	222	7	54(ue	54(ue	NUM
ijtc-723	222	8	1	1	NUM
ijtc-723	222	9	)	)	PUNCT
ijtc-723	222	10	,	,	PUNCT
ijtc-723	222	11	1–18	1–18	NUM
ijtc-723	222	12	.	.	PUNCT
ijtc-723	223	1	https://doi.org/10.2139/ssrn.1521584	https://doi.org/10.2139/ssrn.1521584	PROPN
ijtc-723	223	2	casal	casal	PROPN
ijtc-723	223	3	,	,	PUNCT
ijtc-723	223	4	ó	ó	PROPN
ijtc-723	223	5	.	.	PUNCT
ijtc-723	223	6	(	(	PUNCT
ijtc-723	223	7	2016	2016	NUM
ijtc-723	223	8	)	)	PUNCT
ijtc-723	223	9	.	.	PUNCT
ijtc-723	224	1	pulse	pulse	NOUN
ijtc-723	224	2	.	.	PUNCT
ijtc-723	225	1	http://www.pulso.cl/opinion/ifrs-9-de-perdida-incurrida-a-perdidaesperada/	http://www.pulso.cl/opinion/ifrs-9-de-perdida-incurrida-a-perdidaesperada/	PROPN
ijtc-723	225	2	chawla	chawla	PROPN
ijtc-723	225	3	,	,	PUNCT
ijtc-723	225	4	g.	g.	PROPN
ijtc-723	225	5	et	et	PROPN
ijtc-723	225	6	all	all	PRON
ijtc-723	225	7	.	.	PUNCT
ijtc-723	226	1	(	(	PUNCT
ijtc-723	226	2	2016	2016	NUM
ijtc-723	226	3	)	)	PUNCT
ijtc-723	226	4	.	.	PUNCT
ijtc-723	227	1	point	point	NOUN
ijtc-723	227	2	-	-	PUNCT
ijtc-723	227	3	in	in	ADP
ijtc-723	227	4	-	-	PUNCT
ijtc-723	227	5	time	time	NOUN
ijtc-723	227	6	loss	loss	NOUN
ijtc-723	227	7	-	-	PUNCT
ijtc-723	227	8	given	give	VERB
ijtc-723	227	9	default	default	NOUN
ijtc-723	227	10	rates	rate	NOUN
ijtc-723	227	11	and	and	CCONJ
ijtc-723	227	12	exposures	exposure	NOUN
ijtc-723	227	13	at	at	ADP
ijtc-723	227	14	default	default	NOUN
ijtc-723	227	15	models	model	NOUN
ijtc-723	227	16	for	for	ADP
ijtc-723	227	17	ifrs	ifrs	NOUN
ijtc-723	227	18	9	9	NUM
ijtc-723	227	19	/	/	SYM
ijtc-723	227	20	cecl	cecl	ADJ
ijtc-723	227	21	and	and	CCONJ
ijtc-723	227	22	stress	stress	NOUN
ijtc-723	227	23	testing	testing	NOUN
ijtc-723	227	24	.	.	PUNCT
ijtc-723	228	1	journal	journal	NOUN
ijtc-723	228	2	of	of	ADP
ijtc-723	228	3	risk	risk	NOUN
ijtc-723	228	4	management	management	NOUN
ijtc-723	228	5	in	in	ADP
ijtc-723	228	6	financial	financial	ADJ
ijtc-723	228	7	institutions	institution	NOUN
ijtc-723	228	8	,	,	PUNCT
ijtc-723	228	9	9	9	NUM
ijtc-723	228	10	/	/	SYM
ijtc-723	228	11	number	number	NOUN
ijtc-723	228	12	3	3	NUM
ijtc-723	228	13	,	,	PUNCT
ijtc-723	228	14	249–263	249–263	NUM
ijtc-723	228	15	15	15	NUM
ijtc-723	228	16	.	.	PUNCT
ijtc-723	228	17	https://www.ingentaconnect.com/content/hsp/jrmfi/2016/00000009/00000003/art0000	https://www.ingentaconnect.com/content/hsp/jrmfi/2016/00000009/00000003/art0000	X
ijtc-723	229	1	4	4	NUM
ijtc-723	229	2	chen	chen	PROPN
ijtc-723	229	3	,	,	PUNCT
ijtc-723	229	4	y.	y.	PROPN
ijtc-723	229	5	,	,	PUNCT
ijtc-723	229	6	yang	yang	PROPN
ijtc-723	229	7	,	,	PUNCT
ijtc-723	229	8	c.	c.	PROPN
ijtc-723	229	9	,	,	PUNCT
ijtc-723	229	10	&	&	CCONJ
ijtc-723	229	11	zhang	zhang	PROPN
ijtc-723	229	12	,	,	PUNCT
ijtc-723	229	13	c.	c.	PROPN
ijtc-723	229	14	(	(	PUNCT
ijtc-723	229	15	2022	2022	NUM
ijtc-723	229	16	)	)	PUNCT
ijtc-723	229	17	.	.	PUNCT
ijtc-723	230	1	study	study	NOUN
ijtc-723	230	2	on	on	ADP
ijtc-723	230	3	the	the	DET
ijtc-723	230	4	influence	influence	NOUN
ijtc-723	230	5	of	of	ADP
ijtc-723	230	6	ifrs	ifrs	PROPN
ijtc-723	230	7	9	9	NUM
ijtc-723	230	8	on	on	ADP
ijtc-723	230	9	the	the	DET
ijtc-723	230	10	impairment	impairment	NOUN
ijtc-723	230	11	of	of	ADP
ijtc-723	230	12	commercial	commercial	ADJ
ijtc-723	230	13	bank	bank	NOUN
ijtc-723	230	14	credit	credit	NOUN
ijtc-723	230	15	card	card	NOUN
ijtc-723	230	16	.	.	PUNCT
ijtc-723	231	1	applied	apply	VERB
ijtc-723	231	2	economics	economic	NOUN
ijtc-723	231	3	letters	letter	NOUN
ijtc-723	231	4	,	,	PUNCT
ijtc-723	231	5	29(1	29(1	NUM
ijtc-723	231	6	)	)	PUNCT
ijtc-723	231	7	,	,	PUNCT
ijtc-723	231	8	35–40	35–40	NUM
ijtc-723	231	9	.	.	PUNCT
ijtc-723	231	10	https://doi.org/10.1080/13504851.2020.1855298	https://doi.org/10.1080/13504851.2020.1855298	PROPN
ijtc-723	232	1	cohen	cohen	PROPN
ijtc-723	232	2	.	.	PUNCT
ijtc-723	233	1	bedwards	bedward	NOUN
ijtc-723	233	2	,	,	PUNCT
ijtc-723	233	3	g.	g.	PROPN
ijtc-723	233	4	(	(	PUNCT
ijtc-723	233	5	2017	2017	NUM
ijtc-723	233	6	)	)	PUNCT
ijtc-723	233	7	.	.	PUNCT
ijtc-723	234	1	the	the	DET
ijtc-723	234	2	new	new	ADJ
ijtc-723	234	3	era	era	NOUN
ijtc-723	234	4	of	of	ADP
ijtc-723	234	5	expected	expect	VERB
ijtc-723	234	6	credit	credit	NOUN
ijtc-723	234	7	loss	loss	NOUN
ijtc-723	234	8	provisioning	provisioning	NOUN
ijtc-723	234	9	.	.	PUNCT
ijtc-723	235	1	bis	bis	PROPN
ijtc-723	235	2	quarterly	quarterly	ADJ
ijtc-723	235	3	review	review	NOUN
ijtc-723	235	4	.	.	PUNCT
ijtc-723	236	1	https://econpapers.repec.org/article/bisbisqtr/1703f.htm	https://econpapers.repec.org/article/bisbisqtr/1703f.htm	PROPN
ijtc-723	236	2	costa	costa	PROPN
ijtc-723	236	3	,	,	PUNCT
ijtc-723	236	4	e.	e.	PROPN
ijtc-723	236	5	,	,	PUNCT
ijtc-723	236	6	silva	silva	PROPN
ijtc-723	236	7	,	,	PUNCT
ijtc-723	236	8	i.	i.	PROPN
ijtc-723	236	9	c.	c.	PROPN
ijtc-723	236	10	l.	l.	PROPN
ijtc-723	236	11	,	,	PUNCT
ijtc-723	236	12	correia	correia	PROPN
ijtc-723	236	13	,	,	PUNCT
ijtc-723	236	14	a.	a.	PROPN
ijtc-723	236	15	,	,	PUNCT
ijtc-723	236	16	&	&	CCONJ
ijtc-723	236	17	faria	faria	PROPN
ijtc-723	236	18	,	,	PUNCT
ijtc-723	236	19	s.	s.	PROPN
ijtc-723	236	20	(	(	PUNCT
ijtc-723	236	21	2020	2020	NUM
ijtc-723	236	22	)	)	PUNCT
ijtc-723	236	23	.	.	PUNCT
ijtc-723	237	1	a	a	DET
ijtc-723	237	2	logistic	logistic	ADJ
ijtc-723	237	3	regression	regression	NOUN
ijtc-723	237	4	model	model	NOUN
ijtc-723	237	5	for	for	ADP
ijtc-723	237	6	consumer	consumer	NOUN
ijtc-723	237	7	default	default	NOUN
ijtc-723	237	8	risk	risk	NOUN
ijtc-723	237	9	.	.	PUNCT
ijtc-723	238	1	journal	journal	NOUN
ijtc-723	238	2	of	of	ADP
ijtc-723	238	3	applied	applied	ADJ
ijtc-723	238	4	statistics	statistic	NOUN
ijtc-723	238	5	,	,	PUNCT
ijtc-723	238	6	47(13–15	47(13–15	NUM
ijtc-723	238	7	)	)	PUNCT
ijtc-723	238	8	,	,	PUNCT
ijtc-723	238	9	2879–2894	2879–2894	NUM
ijtc-723	238	10	.	.	PUNCT
ijtc-723	239	1	https://doi.org/10.1080/02664763.2020.1759030	https://doi.org/10.1080/02664763.2020.1759030	PROPN
ijtc-723	239	2	delgado	delgado	NOUN
ijtc-723	239	3	-	-	PUNCT
ijtc-723	239	4	vaquero	vaquero	NOUN
ijtc-723	239	5	,	,	PUNCT
ijtc-723	239	6	d.	d.	PROPN
ijtc-723	239	7	,	,	PUNCT
ijtc-723	239	8	&	&	CCONJ
ijtc-723	239	9	morales	morales	PROPN
ijtc-723	239	10	-	-	PUNCT
ijtc-723	239	11	díaz	díaz	NOUN
ijtc-723	239	12	,	,	PUNCT
ijtc-723	239	13	j.	j.	PROPN
ijtc-723	239	14	(	(	PUNCT
ijtc-723	239	15	2018	2018	NUM
ijtc-723	239	16	)	)	PUNCT
ijtc-723	239	17	.	.	PUNCT
ijtc-723	240	1	estimating	estimate	VERB
ijtc-723	240	2	a	a	DET
ijtc-723	240	3	credit	credit	NOUN
ijtc-723	240	4	rating	rating	NOUN
ijtc-723	240	5	for	for	ADP
ijtc-723	240	6	accounting	accounting	NOUN
ijtc-723	240	7	purposes	purpose	NOUN
ijtc-723	240	8	:	:	PUNCT
ijtc-723	240	9	a	a	DET
ijtc-723	240	10	quantitative	quantitative	ADJ
ijtc-723	240	11	approach	approach	NOUN
ijtc-723	240	12	.	.	PUNCT
ijtc-723	241	1	studies	study	NOUN
ijtc-723	241	2	in	in	ADP
ijtc-723	241	3	applied	applied	ADJ
ijtc-723	241	4	economics	economic	NOUN
ijtc-723	241	5	,	,	PUNCT
ijtc-723	241	6	36(ue	36(ue	NUM
ijtc-723	241	7	)	)	PUNCT
ijtc-723	241	8	,	,	PUNCT
ijtc-723	241	9	459–488	459–488	NUM
ijtc-723	241	10	.	.	PUNCT
ijtc-723	242	1	https://econpapers.repec.org/repec:lrk:eeaart:36_2_6	https://econpapers.repec.org/repec:lrk:eeaart:36_2_6	PROPN
ijtc-723	243	1	https://www.ilomata.org/index.php/ijtc	https://www.ilomata.org/index.php/ijtc	ADJ
ijtc-723	243	2	application	application	NOUN
ijtc-723	243	3	of	of	ADP
ijtc-723	243	4	ifrs	ifrs	PROPN
ijtc-723	243	5	9	9	NUM
ijtc-723	243	6	financial	financial	ADJ
ijtc-723	243	7	instruments	instrument	NOUN
ijtc-723	243	8	and	and	CCONJ
ijtc-723	243	9	the	the	DET
ijtc-723	243	10	exposure	exposure	NOUN
ijtc-723	243	11	to	to	ADP
ijtc-723	243	12	credit	credit	NOUN
ijtc-723	243	13	risk	risk	NOUN
ijtc-723	243	14	(	(	PUNCT
ijtc-723	243	15	case	case	NOUN
ijtc-723	243	16	study	study	NOUN
ijtc-723	243	17	in	in	ADP
ijtc-723	243	18	ecuador	ecuador	PROPN
ijtc-723	243	19	)	)	PUNCT
ijtc-723	243	20	orellana	orellana	PROPN
ijtc-723	243	21	and	and	CCONJ
ijtc-723	243	22	rabanal	rabanal	VERB
ijtc-723	243	23	339	339	NUM
ijtc-723	243	24	|	|	NOUN
ijtc-723	243	25	ilomata	ilomata	PROPN
ijtc-723	243	26	international	international	ADJ
ijtc-723	243	27	journal	journal	NOUN
ijtc-723	243	28	of	of	ADP
ijtc-723	243	29	tax	tax	PROPN
ijtc-723	243	30	&	&	CCONJ
ijtc-723	243	31	accounting	accounting	PROPN
ijtc-723	243	32	https://www.ilomata.org/index.php/ijtc	https://www.ilomata.org/index.php/ijtc	PROPN
ijtc-723	243	33	engelmann	engelmann	PROPN
ijtc-723	243	34	,	,	PUNCT
ijtc-723	243	35	b.	b.	PROPN
ijtc-723	243	36	(	(	PUNCT
ijtc-723	243	37	2021	2021	NUM
ijtc-723	243	38	)	)	PUNCT
ijtc-723	243	39	.	.	PUNCT
ijtc-723	244	1	calculating	calculate	VERB
ijtc-723	244	2	lifetime	lifetime	NOUN
ijtc-723	244	3	expected	expect	VERB
ijtc-723	244	4	loss	loss	NOUN
ijtc-723	244	5	for	for	ADP
ijtc-723	244	6	ifrs	ifrs	NOUN
ijtc-723	244	7	9	9	NUM
ijtc-723	244	8	:	:	PUNCT
ijtc-723	244	9	which	which	DET
ijtc-723	244	10	formula	formula	NOUN
ijtc-723	244	11	is	be	AUX
ijtc-723	244	12	measuring	measure	VERB
ijtc-723	244	13	what	what	PRON
ijtc-723	244	14	?	?	PUNCT
ijtc-723	245	1	the	the	DET
ijtc-723	245	2	journal	journal	NOUN
ijtc-723	245	3	of	of	ADP
ijtc-723	245	4	risk	risk	NOUN
ijtc-723	245	5	finance	finance	NOUN
ijtc-723	245	6	,	,	PUNCT
ijtc-723	245	7	22(3/4	22(3/4	NUM
ijtc-723	245	8	)	)	PUNCT
ijtc-723	245	9	,	,	PUNCT
ijtc-723	245	10	193	193	NUM
ijtc-723	245	11	208	208	NUM
ijtc-723	245	12	.	.	PUNCT
ijtc-723	246	1	https://doi.org/10.1108/jrf-05-20200113	https://doi.org/10.1108/jrf-05-20200113	PROPN
ijtc-723	246	2	galárraga	galárraga	PROPN
ijtc-723	246	3	,	,	PUNCT
ijtc-723	246	4	g.	g.	PROPN
ijtc-723	246	5	,	,	PUNCT
ijtc-723	246	6	&	&	CCONJ
ijtc-723	246	7	lafferty	lafferty	PROPN
ijtc-723	246	8	,	,	PUNCT
ijtc-723	246	9	e.	e.	PROPN
ijtc-723	246	10	(	(	PUNCT
ijtc-723	246	11	2018	2018	NUM
ijtc-723	246	12	)	)	PUNCT
ijtc-723	246	13	.	.	PUNCT
ijtc-723	247	1	financial	financial	ADJ
ijtc-723	247	2	and	and	CCONJ
ijtc-723	247	3	tax	tax	NOUN
ijtc-723	247	4	sector	sector	NOUN
ijtc-723	247	5	analysis	analysis	NOUN
ijtc-723	247	6	of	of	ADP
ijtc-723	247	7	the	the	DET
ijtc-723	247	8	implementation	implementation	NOUN
ijtc-723	247	9	of	of	ADP
ijtc-723	247	10	ifrs	ifrs	NOUN
ijtc-723	247	11	9	9	NUM
ijtc-723	247	12	“	"	PUNCT
ijtc-723	247	13	financial	financial	ADJ
ijtc-723	247	14	instruments	instrument	NOUN
ijtc-723	247	15	”	"	PUNCT
ijtc-723	247	16	in	in	ADP
ijtc-723	247	17	the	the	DET
ijtc-723	247	18	accounts	account	NOUN
ijtc-723	247	19	receivable	receivable	NOUN
ijtc-723	247	20	of	of	ADP
ijtc-723	247	21	the	the	DET
ijtc-723	247	22	company	company	NOUN
ijtc-723	247	23	"	"	PUNCT
ijtc-723	247	24	lgmv	lgmv	PROPN
ijtc-723	247	25	s.a	s.a	PROPN
ijtc-723	247	26	.	.	PROPN
ijtc-723	247	27	espol	espol	PROPN
ijtc-723	247	28	.	.	PUNCT
ijtc-723	248	1	https://www.dspace.espol.edu.ec/retrieve/134160/d-cd110102.pdf	https://www.dspace.espol.edu.ec/retrieve/134160/d-cd110102.pdf	PROPN
ijtc-723	248	2	gonzales	gonzales	PROPN
ijtc-723	248	3	cervan	cervan	PROPN
ijtc-723	248	4	,	,	PUNCT
ijtc-723	248	5	l.	l.	PROPN
ijtc-723	248	6	,	,	PUNCT
ijtc-723	248	7	olivera	olivera	PROPN
ijtc-723	248	8	navarro	navarro	PROPN
ijtc-723	248	9	,	,	PUNCT
ijtc-723	248	10	f.	f.	PROPN
ijtc-723	248	11	de	de	PROPN
ijtc-723	248	12	m.	m.	PROPN
ijtc-723	248	13	,	,	PUNCT
ijtc-723	248	14	&	&	CCONJ
ijtc-723	248	15	solazar	solazar	PROPN
ijtc-723	248	16	prado	prado	PROPN
ijtc-723	248	17	,	,	PUNCT
ijtc-723	248	18	r.	r.	PROPN
ijtc-723	248	19	(	(	PUNCT
ijtc-723	248	20	2015	2015	NUM
ijtc-723	248	21	)	)	PUNCT
ijtc-723	248	22	.	.	PUNCT
ijtc-723	249	1	new	new	ADJ
ijtc-723	249	2	perspectives	perspective	NOUN
ijtc-723	249	3	on	on	ADP
ijtc-723	249	4	hedging	hedge	VERB
ijtc-723	249	5	accounting	accounting	NOUN
ijtc-723	249	6	and	and	CCONJ
ijtc-723	249	7	risk	risk	NOUN
ijtc-723	249	8	management	management	NOUN
ijtc-723	249	9	,	,	PUNCT
ijtc-723	249	10	according	accord	VERB
ijtc-723	249	11	to	to	ADP
ijtc-723	249	12	the	the	DET
ijtc-723	249	13	ifrs	ifrs	PROPN
ijtc-723	249	14	9	9	NUM
ijtc-723	249	15	approach	approach	NOUN
ijtc-723	249	16	.	.	PUNCT
ijtc-723	250	1	interview	interview	NOUN
ijtc-723	250	2	with	with	ADP
ijtc-723	250	3	leonardo	leonardo	PROPN
ijtc-723	250	4	torres	torres	PROPN
ijtc-723	250	5	huechucoy	huechucoy	PROPN
ijtc-723	250	6	.	.	PUNCT
ijtc-723	251	1	lidera	lidera	PROPN
ijtc-723	251	2	magazine	magazine	NOUN
ijtc-723	251	3	,	,	PUNCT
ijtc-723	251	4	10	10	NUM
ijtc-723	251	5	,	,	PUNCT
ijtc-723	251	6	50–52	50–52	NUM
ijtc-723	251	7	.	.	PUNCT
ijtc-723	252	1	http://revistas.pucp.edu.pe/index.php/revistalidera/article/view/18223	http://revistas.pucp.edu.pe/index.php/revistalidera/article/view/18223	ADP
ijtc-723	252	2	gubareva	gubareva	PROPN
ijtc-723	252	3	,	,	PUNCT
ijtc-723	252	4	m.	m.	NOUN
ijtc-723	252	5	(	(	PUNCT
ijtc-723	252	6	2021	2021	NUM
ijtc-723	252	7	)	)	PUNCT
ijtc-723	252	8	.	.	PUNCT
ijtc-723	253	1	how	how	SCONJ
ijtc-723	253	2	to	to	PART
ijtc-723	253	3	estimate	estimate	VERB
ijtc-723	253	4	expected	expect	VERB
ijtc-723	253	5	credit	credit	NOUN
ijtc-723	253	6	losses	loss	NOUN
ijtc-723	253	7	–	–	PUNCT
ijtc-723	253	8	ecl	ecl	X
ijtc-723	253	9	–	–	PUNCT
ijtc-723	253	10	for	for	ADP
ijtc-723	253	11	provisioning	provision	VERB
ijtc-723	253	12	under	under	ADP
ijtc-723	253	13	ifrs	ifrs	NOUN
ijtc-723	253	14	9	9	NUM
ijtc-723	253	15	"	"	PUNCT
ijtc-723	253	16	.	.	PUNCT
ijtc-723	254	1	journal	journal	NOUN
ijtc-723	254	2	of	of	ADP
ijtc-723	254	3	risk	risk	NOUN
ijtc-723	254	4	finance	finance	NOUN
ijtc-723	254	5	,	,	PUNCT
ijtc-723	254	6	22(2	22(2	NUM
ijtc-723	254	7	)	)	PUNCT
ijtc-723	254	8	,	,	PUNCT
ijtc-723	254	9	169–190	169–190	NUM
ijtc-723	254	10	.	.	PUNCT
ijtc-723	255	1	https://doi.org/10.1108/jrf-05-20200094	https://doi.org/10.1108/jrf-05-20200094	PROPN
ijtc-723	255	2	habachi	habachi	PROPN
ijtc-723	255	3	,	,	PUNCT
ijtc-723	255	4	m.	m.	NOUN
ijtc-723	255	5	,	,	PUNCT
ijtc-723	255	6	&	&	CCONJ
ijtc-723	255	7	el	el	PROPN
ijtc-723	255	8	haddad	haddad	PROPN
ijtc-723	255	9	,	,	PUNCT
ijtc-723	255	10	s.	s.	PROPN
ijtc-723	255	11	(	(	PUNCT
ijtc-723	255	12	n.d	n.d	PROPN
ijtc-723	255	13	.	.	PROPN
ijtc-723	255	14	)	)	PUNCT
ijtc-723	255	15	.	.	PUNCT
ijtc-723	256	1	impact	impact	NOUN
ijtc-723	256	2	of	of	ADP
ijtc-723	256	3	covid-19	covid-19	PROPN
ijtc-723	256	4	on	on	ADP
ijtc-723	256	5	sme	sme	NOUN
ijtc-723	256	6	portfolios	portfolio	NOUN
ijtc-723	256	7	in	in	ADP
ijtc-723	256	8	morocco	morocco	PROPN
ijtc-723	256	9	:	:	PUNCT
ijtc-723	256	10	evaluation	evaluation	NOUN
ijtc-723	256	11	of	of	ADP
ijtc-723	256	12	banking	banking	NOUN
ijtc-723	256	13	risk	risk	NOUN
ijtc-723	256	14	costs	cost	NOUN
ijtc-723	256	15	and	and	CCONJ
ijtc-723	256	16	the	the	DET
ijtc-723	256	17	effectiveness	effectiveness	NOUN
ijtc-723	256	18	of	of	ADP
ijtc-723	256	19	state	state	NOUN
ijtc-723	256	20	support	support	NOUN
ijtc-723	256	21	measures	measure	NOUN
ijtc-723	256	22	.	.	PUNCT
ijtc-723	257	1	investment	investment	NOUN
ijtc-723	257	2	management	management	NOUN
ijtc-723	257	3	and	and	CCONJ
ijtc-723	257	4	financial	financial	ADJ
ijtc-723	257	5	innovations	innovation	NOUN
ijtc-723	257	6	,	,	PUNCT
ijtc-723	257	7	18(3	18(3	NUM
ijtc-723	257	8	)	)	PUNCT
ijtc-723	257	9	,	,	PUNCT
ijtc-723	257	10	260–276	260–276	NUM
ijtc-723	257	11	.	.	PUNCT
ijtc-723	258	1	https://doi.org/10.21511/imfi.18(3).2021.23	https://doi.org/10.21511/imfi.18(3).2021.23	PROPN
ijtc-723	258	2	hung	hung	PROPN
ijtc-723	258	3	,	,	PUNCT
ijtc-723	258	4	m.-c	m.-c	NOUN
ijtc-723	258	5	.	.	PUNCT
ijtc-723	258	6	,	,	PUNCT
ijtc-723	258	7	ching	ching	PROPN
ijtc-723	258	8	,	,	PUNCT
ijtc-723	258	9	y.-k	y.-k	PROPN
ijtc-723	258	10	.	.	PUNCT
ijtc-723	258	11	,	,	PUNCT
ijtc-723	258	12	&	&	CCONJ
ijtc-723	258	13	lin	lin	PROPN
ijtc-723	258	14	,	,	PUNCT
ijtc-723	258	15	s.-k	s.-k	PROPN
ijtc-723	258	16	.	.	PUNCT
ijtc-723	259	1	(	(	PUNCT
ijtc-723	259	2	2021	2021	NUM
ijtc-723	259	3	)	)	PUNCT
ijtc-723	259	4	.	.	PUNCT
ijtc-723	260	1	impact	impact	NOUN
ijtc-723	260	2	of	of	ADP
ijtc-723	260	3	covid-19	covid-19	PROPN
ijtc-723	260	4	on	on	ADP
ijtc-723	260	5	the	the	DET
ijtc-723	260	6	robustness	robustness	NOUN
ijtc-723	260	7	of	of	ADP
ijtc-723	260	8	the	the	DET
ijtc-723	260	9	probability	probability	NOUN
ijtc-723	260	10	of	of	ADP
ijtc-723	260	11	default	default	NOUN
ijtc-723	260	12	estimation	estimation	NOUN
ijtc-723	260	13	model	model	NOUN
ijtc-723	260	14	.	.	PUNCT
ijtc-723	261	1	mathematics	mathematic	NOUN
ijtc-723	261	2	,	,	PUNCT
ijtc-723	261	3	9	9	NUM
ijtc-723	261	4	,	,	PUNCT
ijtc-723	261	5	3087	3087	NUM
ijtc-723	261	6	.	.	PUNCT
ijtc-723	262	1	https://doi.org/10.3390/math9233087	https://doi.org/10.3390/math9233087	PROPN
ijtc-723	262	2	lamaj	lamaj	NOUN
ijtc-723	262	3	,	,	PUNCT
ijtc-723	262	4	m.	m.	NOUN
ijtc-723	262	5	(	(	PUNCT
ijtc-723	262	6	2023	2023	NUM
ijtc-723	262	7	)	)	PUNCT
ijtc-723	262	8	.	.	PUNCT
ijtc-723	263	1	ifrs	ifrs	PROPN
ijtc-723	263	2	9	9	NUM
ijtc-723	263	3	and	and	CCONJ
ijtc-723	263	4	the	the	DET
ijtc-723	263	5	expected	expect	VERB
ijtc-723	263	6	credit	credit	NOUN
ijtc-723	263	7	loss	loss	NOUN
ijtc-723	263	8	model	model	NOUN
ijtc-723	263	9	.	.	PUNCT
ijtc-723	264	1	in	in	ADP
ijtc-723	264	2	the	the	DET
ijtc-723	264	3	effect	effect	NOUN
ijtc-723	264	4	of	of	ADP
ijtc-723	264	5	covid-19	covid-19	PROPN
ijtc-723	264	6	on	on	ADP
ijtc-723	264	7	loan	loan	NOUN
ijtc-723	264	8	loss	loss	NOUN
ijtc-723	264	9	provisions	provision	NOUN
ijtc-723	264	10	and	and	CCONJ
ijtc-723	264	11	earnings	earning	NOUN
ijtc-723	264	12	management	management	NOUN
ijtc-723	264	13	of	of	ADP
ijtc-723	264	14	european	european	ADJ
ijtc-723	264	15	banks	bank	NOUN
ijtc-723	264	16	.	.	PUNCT
ijtc-723	265	1	bestmasters	bestmaster	NOUN
ijtc-723	265	2	.	.	PUNCT
ijtc-723	266	1	springer	springer	PROPN
ijtc-723	266	2	gabler	gabler	PROPN
ijtc-723	266	3	.	.	PUNCT
ijtc-723	267	1	https://doi.org/10.1007/978-3-658-40060-6_2	https://doi.org/10.1007/978-3-658-40060-6_2	PROPN
ijtc-723	268	1	martinelli	martinelli	PROPN
ijtc-723	268	2	,	,	PUNCT
ijtc-723	268	3	f.	f.	PROPN
ijtc-723	268	4	,	,	PUNCT
ijtc-723	268	5	mercaldo	mercaldo	NOUN
ijtc-723	268	6	,	,	PUNCT
ijtc-723	268	7	f.	f.	PROPN
ijtc-723	268	8	,	,	PUNCT
ijtc-723	268	9	raucci	raucci	PROPN
ijtc-723	268	10	,	,	PUNCT
ijtc-723	268	11	d.	d.	PROPN
ijtc-723	268	12	,	,	PUNCT
ijtc-723	268	13	&	&	CCONJ
ijtc-723	268	14	santone	santone	PROPN
ijtc-723	268	15	,	,	PUNCT
ijtc-723	268	16	a.	a.	NOUN
ijtc-723	268	17	(	(	PUNCT
ijtc-723	268	18	2020	2020	NUM
ijtc-723	268	19	)	)	PUNCT
ijtc-723	268	20	.	.	PUNCT
ijtc-723	269	1	predicting	predict	VERB
ijtc-723	269	2	probability	probability	NOUN
ijtc-723	269	3	of	of	ADP
ijtc-723	269	4	default	default	NOUN
ijtc-723	269	5	under	under	ADP
ijtc-723	269	6	ifrs	ifrs	NOUN
ijtc-723	269	7	9	9	NUM
ijtc-723	269	8	through	through	ADP
ijtc-723	269	9	data	datum	NOUN
ijtc-723	269	10	mining	mining	NOUN
ijtc-723	269	11	techniques	technique	NOUN
ijtc-723	269	12	.	.	PUNCT
ijtc-723	270	1	in	in	ADP
ijtc-723	270	2	l.	l.	PROPN
ijtc-723	270	3	barolli	barolli	PROPN
ijtc-723	270	4	,	,	PUNCT
ijtc-723	270	5	f.	f.	PROPN
ijtc-723	270	6	amato	amato	PROPN
ijtc-723	270	7	,	,	PUNCT
ijtc-723	270	8	f.	f.	PROPN
ijtc-723	270	9	moscato	moscato	PROPN
ijtc-723	270	10	,	,	PUNCT
ijtc-723	270	11	t.	t.	PROPN
ijtc-723	270	12	enokido	enokido	PROPN
ijtc-723	270	13	,	,	PUNCT
ijtc-723	270	14	&	&	CCONJ
ijtc-723	270	15	m.	m.	PROPN
ijtc-723	270	16	takizawa	takizawa	PROPN
ijtc-723	270	17	(	(	PUNCT
ijtc-723	270	18	eds	ed	NOUN
ijtc-723	270	19	.	.	PUNCT
ijtc-723	270	20	)	)	PUNCT
ijtc-723	270	21	,	,	PUNCT
ijtc-723	270	22	web	web	NOUN
ijtc-723	270	23	,	,	PUNCT
ijtc-723	270	24	artificial	artificial	ADJ
ijtc-723	270	25	intelligence	intelligence	NOUN
ijtc-723	270	26	and	and	CCONJ
ijtc-723	270	27	network	network	NOUN
ijtc-723	270	28	applications	application	NOUN
ijtc-723	270	29	.	.	PUNCT
ijtc-723	271	1	waina	waina	PROPN
ijtc-723	271	2	2020	2020	NUM
ijtc-723	271	3	.	.	PUNCT
ijtc-723	272	1	advances	advance	NOUN
ijtc-723	272	2	in	in	ADP
ijtc-723	272	3	intelligent	intelligent	ADJ
ijtc-723	272	4	systems	system	NOUN
ijtc-723	272	5	and	and	CCONJ
ijtc-723	272	6	computing	computing	NOUN
ijtc-723	272	7	(	(	PUNCT
ijtc-723	272	8	vol	vol	NOUN
ijtc-723	272	9	.	.	NOUN
ijtc-723	272	10	1150	1150	NUM
ijtc-723	272	11	)	)	PUNCT
ijtc-723	272	12	.	.	PUNCT
ijtc-723	273	1	springer	springer	NOUN
ijtc-723	273	2	.	.	PUNCT
ijtc-723	274	1	https://doi.org/10.1007/978-3-030-44038-1_87	https://doi.org/10.1007/978-3-030-44038-1_87	PROPN
ijtc-723	274	2	moreno	moreno	PROPN
ijtc-723	274	3	,	,	PUNCT
ijtc-723	274	4	i.	i.	PROPN
ijtc-723	274	5	,	,	PUNCT
ijtc-723	274	6	bautista	bautista	PROPN
ijtc-723	274	7	,	,	PUNCT
ijtc-723	274	8	r.	r.	PROPN
ijtc-723	274	9	,	,	PUNCT
ijtc-723	274	10	molina	molina	PROPN
ijtc-723	274	11	,	,	PUNCT
ijtc-723	274	12	h.	h.	PROPN
ijtc-723	274	13	,	,	PUNCT
ijtc-723	274	14	&	&	CCONJ
ijtc-723	274	15	ramírez	ramírez	NOUN
ijtc-723	274	16	.	.	PUNCT
ijtc-723	275	1	j.	j.	PROPN
ijtc-723	275	2	(	(	PUNCT
ijtc-723	275	3	2014	2014	NUM
ijtc-723	275	4	)	)	PUNCT
ijtc-723	275	5	.	.	PUNCT
ijtc-723	276	1	the	the	DET
ijtc-723	276	2	role	role	NOUN
ijtc-723	276	3	of	of	ADP
ijtc-723	276	4	accounting	account	VERB
ijtc-723	276	5	in	in	ADP
ijtc-723	276	6	the	the	DET
ijtc-723	276	7	face	face	NOUN
ijtc-723	276	8	of	of	ADP
ijtc-723	276	9	the	the	DET
ijtc-723	276	10	financial	financial	ADJ
ijtc-723	276	11	crisis	crisis	NOUN
ijtc-723	276	12	.	.	PUNCT
ijtc-723	277	1	in	in	ADP
ijtc-723	277	2	a	a	DET
ijtc-723	277	3	reflection	reflection	NOUN
ijtc-723	277	4	on	on	ADP
ijtc-723	277	5	the	the	DET
ijtc-723	277	6	unconditional	unconditional	ADJ
ijtc-723	277	7	conservatism	conservatism	NOUN
ijtc-723	277	8	of	of	ADP
ijtc-723	277	9	ifrs	ifrs	PROPN
ijtc-723	277	10	9	9	NUM
ijtc-723	277	11	.	.	PUNCT
ijtc-723	277	12	http://www.scielo.org.co/pdf/cuco/v15n38/v15n38a02.pdf	http://www.scielo.org.co/pdf/cuco/v15n38/v15n38a02.pdf	NOUN
ijtc-723	277	13	neisen	neisen	PROPN
ijtc-723	277	14	,	,	PUNCT
ijtc-723	277	15	m.	m.	NOUN
ijtc-723	277	16	,	,	PUNCT
ijtc-723	277	17	&	&	CCONJ
ijtc-723	277	18	schulte	schulte	PROPN
ijtc-723	277	19	-	-	PUNCT
ijtc-723	277	20	mattler	mattler	PROPN
ijtc-723	277	21	,	,	PUNCT
ijtc-723	277	22	h.	h.	PROPN
ijtc-723	277	23	(	(	PUNCT
ijtc-723	277	24	2021	2021	NUM
ijtc-723	277	25	)	)	PUNCT
ijtc-723	277	26	.	.	PUNCT
ijtc-723	278	1	the	the	DET
ijtc-723	278	2	effectiveness	effectiveness	NOUN
ijtc-723	278	3	of	of	ADP
ijtc-723	278	4	ifrs	ifrs	NOUN
ijtc-723	278	5	9	9	NUM
ijtc-723	278	6	transitional	transitional	ADJ
ijtc-723	278	7	provisions	provision	NOUN
ijtc-723	278	8	in	in	ADP
ijtc-723	278	9	limiting	limit	VERB
ijtc-723	278	10	the	the	DET
ijtc-723	278	11	potential	potential	ADJ
ijtc-723	278	12	impact	impact	NOUN
ijtc-723	278	13	of	of	ADP
ijtc-723	278	14	covid-19	covid-19	PROPN
ijtc-723	278	15	on	on	ADP
ijtc-723	278	16	banks	bank	NOUN
ijtc-723	278	17	.	.	PUNCT
ijtc-723	279	1	journal	journal	NOUN
ijtc-723	279	2	of	of	ADP
ijtc-723	279	3	banking	banking	NOUN
ijtc-723	279	4	regulation	regulation	NOUN
ijtc-723	279	5	,	,	PUNCT
ijtc-723	279	6	1–10	1–10	NOUN
ijtc-723	279	7	.	.	PUNCT
ijtc-723	280	1	https://doi.org/10.1057/s41261-021-00151-7	https://doi.org/10.1057/s41261-021-00151-7	NUM
ijtc-723	280	2	novotny	novotny	PROPN
ijtc-723	280	3	-	-	PUNCT
ijtc-723	280	4	farkas	farkas	PROPN
ijtc-723	280	5	,	,	PUNCT
ijtc-723	280	6	z.	z.	PROPN
ijtc-723	280	7	(	(	PUNCT
ijtc-723	280	8	2016	2016	NUM
ijtc-723	280	9	)	)	PUNCT
ijtc-723	280	10	.	.	PUNCT
ijtc-723	281	1	the	the	DET
ijtc-723	281	2	interaction	interaction	NOUN
ijtc-723	281	3	of	of	ADP
ijtc-723	281	4	the	the	DET
ijtc-723	281	5	ifrs	ifrs	PROPN
ijtc-723	281	6	9	9	NUM
ijtc-723	281	7	expected	expect	VERB
ijtc-723	281	8	loss	loss	NOUN
ijtc-723	281	9	approach	approach	NOUN
ijtc-723	281	10	with	with	ADP
ijtc-723	281	11	supervisory	supervisory	ADJ
ijtc-723	281	12	rules	rule	NOUN
ijtc-723	281	13	and	and	CCONJ
ijtc-723	281	14	implications	implication	NOUN
ijtc-723	281	15	for	for	ADP
ijtc-723	281	16	financial	financial	ADJ
ijtc-723	281	17	stability	stability	NOUN
ijtc-723	281	18	.	.	PUNCT
ijtc-723	282	1	lancaster	lancaster	PROPN
ijtc-723	282	2	university	university	PROPN
ijtc-723	282	3	management	management	NOUN
ijtc-723	282	4	school	school	NOUN
ijtc-723	282	5	.	.	PUNCT
ijtc-723	283	1	https://ssrn.com/abstract=2817983	https://ssrn.com/abstract=2817983	PROPN
ijtc-723	283	2	oberson	oberson	PROPN
ijtc-723	283	3	,	,	PUNCT
ijtc-723	283	4	r.	r.	PROPN
ijtc-723	283	5	(	(	PUNCT
ijtc-723	283	6	2021	2021	NUM
ijtc-723	283	7	)	)	PUNCT
ijtc-723	283	8	.	.	PUNCT
ijtc-723	284	1	the	the	DET
ijtc-723	284	2	credit	credit	NOUN
ijtc-723	284	3	-	-	PUNCT
ijtc-723	284	4	risk	risk	NOUN
ijtc-723	284	5	relevance	relevance	NOUN
ijtc-723	284	6	of	of	ADP
ijtc-723	284	7	loan	loan	NOUN
ijtc-723	284	8	impairments	impairment	NOUN
ijtc-723	284	9	under	under	ADP
ijtc-723	284	10	ifrs	ifrs	PROPN
ijtc-723	284	11	9	9	NUM
ijtc-723	284	12	for	for	ADP
ijtc-723	284	13	cds	cd	NOUN
ijtc-723	284	14	pricing	pricing	NOUN
ijtc-723	284	15	:	:	PUNCT
ijtc-723	284	16	early	early	ADJ
ijtc-723	284	17	evidence	evidence	NOUN
ijtc-723	284	18	(	(	PUNCT
ijtc-723	284	19	july	july	PROPN
ijtc-723	284	20	5	5	NUM
ijtc-723	284	21	,	,	PUNCT
ijtc-723	284	22	2021	2021	NUM
ijtc-723	284	23	.	.	PUNCT
ijtc-723	285	1	european	european	ADJ
ijtc-723	285	2	accounting	accounting	PROPN
ijtc-723	285	3	review	review	PROPN
ijtc-723	285	4	.	.	PUNCT
ijtc-723	286	1	https://ssrn.com/abstract=3414614	https://ssrn.com/abstract=3414614	NUM
ijtc-723	286	2	https://www.ilomata.org/index.php/ijtc	https://www.ilomata.org/index.php/ijtc	ADJ
ijtc-723	286	3	application	application	NOUN
ijtc-723	286	4	of	of	ADP
ijtc-723	286	5	ifrs	ifrs	PROPN
ijtc-723	286	6	9	9	NUM
ijtc-723	286	7	financial	financial	ADJ
ijtc-723	286	8	instruments	instrument	NOUN
ijtc-723	286	9	and	and	CCONJ
ijtc-723	286	10	the	the	DET
ijtc-723	286	11	exposure	exposure	NOUN
ijtc-723	286	12	to	to	ADP
ijtc-723	286	13	credit	credit	NOUN
ijtc-723	286	14	risk	risk	NOUN
ijtc-723	286	15	(	(	PUNCT
ijtc-723	286	16	case	case	NOUN
ijtc-723	286	17	study	study	NOUN
ijtc-723	286	18	in	in	ADP
ijtc-723	286	19	ecuador	ecuador	PROPN
ijtc-723	286	20	)	)	PUNCT
ijtc-723	286	21	orellana	orellana	PROPN
ijtc-723	286	22	and	and	CCONJ
ijtc-723	286	23	rabanal	rabanal	VERB
ijtc-723	286	24	340	340	NUM
ijtc-723	286	25	|	|	NOUN
ijtc-723	286	26	ilomata	ilomata	PROPN
ijtc-723	286	27	international	international	ADJ
ijtc-723	286	28	journal	journal	NOUN
ijtc-723	286	29	of	of	ADP
ijtc-723	286	30	tax	tax	PROPN
ijtc-723	286	31	&	&	CCONJ
ijtc-723	286	32	accounting	accounting	PROPN
ijtc-723	286	33	https://www.ilomata.org/index.php/ijtc	https://www.ilomata.org/index.php/ijtc	PROPN
ijtc-723	286	34	parrales	parrale	NOUN
ijtc-723	286	35	choez	choez	NOUN
ijtc-723	286	36	,	,	PUNCT
ijtc-723	286	37	c.	c.	PROPN
ijtc-723	286	38	g.	g.	PROPN
ijtc-723	286	39	,	,	PUNCT
ijtc-723	286	40	&	&	CCONJ
ijtc-723	286	41	castillo	castillo	PROPN
ijtc-723	286	42	llanos	llanos	PROPN
ijtc-723	286	43	,	,	PUNCT
ijtc-723	286	44	f.	f.	PROPN
ijtc-723	286	45	d.	d.	PROPN
ijtc-723	286	46	(	(	PUNCT
ijtc-723	286	47	2018	2018	NUM
ijtc-723	286	48	)	)	PUNCT
ijtc-723	286	49	.	.	PUNCT
ijtc-723	287	1	analysis	analysis	NOUN
ijtc-723	287	2	of	of	ADP
ijtc-723	287	3	ifrs	ifrs	NOUN
ijtc-723	287	4	9	9	NUM
ijtc-723	287	5	financial	financial	ADJ
ijtc-723	287	6	instruments	instrument	NOUN
ijtc-723	287	7	from	from	ADP
ijtc-723	287	8	an	an	DET
ijtc-723	287	9	industrial	industrial	ADJ
ijtc-723	287	10	perspective	perspective	NOUN
ijtc-723	287	11	.	.	PUNCT
ijtc-723	288	1	accounting	accounting	NOUN
ijtc-723	288	2	and	and	CCONJ
ijtc-723	288	3	business	business	NOUN
ijtc-723	288	4	,	,	PUNCT
ijtc-723	288	5	13(25	13(25	NUM
ijtc-723	288	6	)	)	PUNCT
ijtc-723	288	7	,	,	PUNCT
ijtc-723	288	8	6–19	6–19	NOUN
ijtc-723	288	9	.	.	PUNCT
ijtc-723	289	1	https://doi.org/10.18800/contabilidad.201801.001	https://doi.org/10.18800/contabilidad.201801.001	PROPN
ijtc-723	289	2	pastiranová	pastiranová	PROPN
ijtc-723	289	3	,	,	PUNCT
ijtc-723	289	4	o.	o.	PROPN
ijtc-723	289	5	,	,	PUNCT
ijtc-723	289	6	&	&	CCONJ
ijtc-723	289	7	witzany	witzany	PROPN
ijtc-723	289	8	,	,	PUNCT
ijtc-723	289	9	j.	j.	PROPN
ijtc-723	289	10	(	(	PUNCT
ijtc-723	289	11	2022	2022	NUM
ijtc-723	289	12	)	)	PUNCT
ijtc-723	289	13	.	.	PUNCT
ijtc-723	290	1	does	do	AUX
ijtc-723	290	2	ifrs	ifrs	PROPN
ijtc-723	290	3	9	9	NUM
ijtc-723	290	4	increase	increase	NOUN
ijtc-723	290	5	volatility	volatility	NOUN
ijtc-723	290	6	of	of	ADP
ijtc-723	290	7	loan	loan	NOUN
ijtc-723	290	8	loss	loss	NOUN
ijtc-723	290	9	provisions	provision	NOUN
ijtc-723	290	10	?	?	PUNCT
ijtc-723	291	1	in	in	ADP
ijtc-723	291	2	d.	d.	PROPN
ijtc-723	291	3	procházka	procházka	PROPN
ijtc-723	291	4	(	(	PUNCT
ijtc-723	291	5	ed	ed	NOUN
ijtc-723	291	6	.	.	PUNCT
ijtc-723	291	7	)	)	PUNCT
ijtc-723	291	8	,	,	PUNCT
ijtc-723	291	9	regulation	regulation	NOUN
ijtc-723	291	10	of	of	ADP
ijtc-723	291	11	finance	finance	NOUN
ijtc-723	291	12	and	and	CCONJ
ijtc-723	291	13	accounting	accounting	NOUN
ijtc-723	291	14	.	.	PUNCT
ijtc-723	292	1	acfa	acfa	PROPN
ijtc-723	292	2	acfa	acfa	PROPN
ijtc-723	292	3	2021	2021	NUM
ijtc-723	292	4	2020	2020	NUM
ijtc-723	292	5	.	.	PUNCT
ijtc-723	293	1	springer	springer	NOUN
ijtc-723	293	2	proceedings	proceeding	NOUN
ijtc-723	293	3	in	in	ADP
ijtc-723	293	4	business	business	NOUN
ijtc-723	293	5	and	and	CCONJ
ijtc-723	293	6	economics	economic	NOUN
ijtc-723	293	7	.	.	PUNCT
ijtc-723	294	1	springer	springer	NOUN
ijtc-723	294	2	.	.	PUNCT
ijtc-723	295	1	https://doi.org/10.1007/978-3-03099873-8_19	https://doi.org/10.1007/978-3-03099873-8_19	PROPN
ijtc-723	295	2	peter	peter	PROPN
ijtc-723	295	3	,	,	PUNCT
ijtc-723	295	4	c.	c.	PROPN
ijtc-723	295	5	(	(	PUNCT
ijtc-723	295	6	2006	2006	NUM
ijtc-723	295	7	)	)	PUNCT
ijtc-723	295	8	.	.	PUNCT
ijtc-723	296	1	estimating	estimate	VERB
ijtc-723	296	2	loss	loss	NOUN
ijtc-723	296	3	given	give	VERB
ijtc-723	296	4	default	default	NOUN
ijtc-723	296	5	—	—	PUNCT
ijtc-723	296	6	experiences	experience	NOUN
ijtc-723	296	7	from	from	ADP
ijtc-723	296	8	banking	banking	NOUN
ijtc-723	296	9	practice	practice	NOUN
ijtc-723	296	10	.	.	PUNCT
ijtc-723	297	1	in	in	ADP
ijtc-723	297	2	b.	b.	PROPN
ijtc-723	297	3	engelmann	engelmann	PROPN
ijtc-723	297	4	&	&	CCONJ
ijtc-723	297	5	r.	r.	PROPN
ijtc-723	297	6	rauhmeier	rauhmeier	PROPN
ijtc-723	297	7	(	(	PUNCT
ijtc-723	297	8	eds	ed	NOUN
ijtc-723	297	9	.	.	PUNCT
ijtc-723	297	10	)	)	PUNCT
ijtc-723	297	11	,	,	PUNCT
ijtc-723	297	12	the	the	DET
ijtc-723	297	13	basel	basel	PROPN
ijtc-723	297	14	ii	ii	PROPN
ijtc-723	297	15	risk	risk	NOUN
ijtc-723	297	16	parameters	parameter	NOUN
ijtc-723	297	17	.	.	PUNCT
ijtc-723	298	1	springer	springer	NOUN
ijtc-723	298	2	.	.	PUNCT
ijtc-723	299	1	https://doi.org/10.1007/3-540-33087-9_8	https://doi.org/10.1007/3-540-33087-9_8	PROPN
ijtc-723	299	2	porretta	porretta	NOUN
ijtc-723	299	3	,	,	PUNCT
ijtc-723	299	4	p.	p.	PROPN
ijtc-723	299	5	,	,	PUNCT
ijtc-723	299	6	letizia	letizia	PROPN
ijtc-723	299	7	,	,	PUNCT
ijtc-723	299	8	a.	a.	PROPN
ijtc-723	299	9	,	,	PUNCT
ijtc-723	299	10	&	&	CCONJ
ijtc-723	299	11	santoboni	santoboni	VERB
ijtc-723	299	12	,	,	PUNCT
ijtc-723	299	13	f.	f.	PROPN
ijtc-723	299	14	(	(	PUNCT
ijtc-723	299	15	2020	2020	NUM
ijtc-723	299	16	)	)	PUNCT
ijtc-723	299	17	.	.	PUNCT
ijtc-723	300	1	credit	credit	NOUN
ijtc-723	300	2	risk	risk	NOUN
ijtc-723	300	3	management	management	NOUN
ijtc-723	300	4	in	in	ADP
ijtc-723	300	5	bank	bank	NOUN
ijtc-723	300	6	:	:	PUNCT
ijtc-723	300	7	impacts	impact	NOUN
ijtc-723	300	8	of	of	ADP
ijtc-723	300	9	ifrs	ifrs	PROPN
ijtc-723	300	10	9	9	NUM
ijtc-723	300	11	and	and	CCONJ
ijtc-723	300	12	basel	basel	PROPN
ijtc-723	300	13	3	3	NUM
ijtc-723	300	14	.	.	PUNCT
ijtc-723	300	15	risk	risk	NOUN
ijtc-723	300	16	governance	governance	NOUN
ijtc-723	300	17	and	and	CCONJ
ijtc-723	300	18	control	control	NOUN
ijtc-723	300	19	:	:	PUNCT
ijtc-723	300	20	financial	financial	ADJ
ijtc-723	300	21	markets	market	NOUN
ijtc-723	300	22	&	&	CCONJ
ijtc-723	300	23	institutions	institution	NOUN
ijtc-723	300	24	,	,	PUNCT
ijtc-723	300	25	10(2	10(2	NUM
ijtc-723	300	26	)	)	PUNCT
ijtc-723	300	27	,	,	PUNCT
ijtc-723	300	28	29–44	29–44	NUM
ijtc-723	300	29	.	.	PUNCT
ijtc-723	301	1	https://doi.org/10.22495/rgcv10i2p3	https://doi.org/10.22495/rgcv10i2p3	PROPN
ijtc-723	301	2	santos	santos	PROPN
ijtc-723	301	3	,	,	PUNCT
ijtc-723	301	4	b.	b.	PROPN
ijtc-723	301	5	l.	l.	PROPN
ijtc-723	301	6	(	(	PUNCT
ijtc-723	301	7	2018	2018	NUM
ijtc-723	301	8	)	)	PUNCT
ijtc-723	301	9	.	.	PUNCT
ijtc-723	302	1	practical	practical	ADJ
ijtc-723	302	2	approach	approach	NOUN
ijtc-723	302	3	for	for	ADP
ijtc-723	302	4	probability	probability	NOUN
ijtc-723	302	5	of	of	ADP
ijtc-723	302	6	default	default	NOUN
ijtc-723	302	7	estimation	estimation	NOUN
ijtc-723	302	8	under	under	ADP
ijtc-723	302	9	ifrs	ifrs	NOUN
ijtc-723	302	10	9	9	NUM
ijtc-723	302	11	"	"	NOUN
ijtc-723	302	12	.	.	PUNCT
ijtc-723	303	1	dissertação	dissertação	PROPN
ijtc-723	303	2	de	de	PROPN
ijtc-723	303	3	mestrado	mestrado	PROPN
ijtc-723	303	4	,	,	PUNCT
ijtc-723	303	5	universidade	universidade	PROPN
ijtc-723	303	6	de	de	PROPN
ijtc-723	303	7	lisboa	lisboa	PROPN
ijtc-723	303	8	.	.	PUNCT
ijtc-723	304	1	instituto	instituto	PROPN
ijtc-723	304	2	superior	superior	PROPN
ijtc-723	304	3	de	de	X
ijtc-723	304	4	economia	economia	X
ijtc-723	304	5	e	e	PROPN
ijtc-723	304	6	gestão	gestão	PROPN
ijtc-723	304	7	.	.	PUNCT
ijtc-723	305	1	http://hdl.handle.net/10400.5/17350	http://hdl.handle.net/10400.5/17350	PROPN
ijtc-723	305	2	schutte	schutte	PROPN
ijtc-723	305	3	,	,	PUNCT
ijtc-723	305	4	w.	w.	PROPN
ijtc-723	305	5	d.	d.	PROPN
ijtc-723	305	6	(	(	PUNCT
ijtc-723	305	7	2020	2020	NUM
ijtc-723	305	8	)	)	PUNCT
ijtc-723	305	9	.	.	PUNCT
ijtc-723	306	1	tanja	tanja	PROPN
ijtc-723	306	2	verster	verster	PROPN
ijtc-723	306	3	.	.	PUNCT
ijtc-723	307	1	cogent	cogent	NOUN
ijtc-723	307	2	economics	economics	PROPN
ijtc-723	307	3	&	&	CCONJ
ijtc-723	307	4	finance	finance	PROPN
ijtc-723	307	5	,	,	PUNCT
ijtc-723	307	6	8(1	8(1	NOUN
ijtc-723	307	7	)	)	PUNCT
ijtc-723	307	8	.	.	PUNCT
ijtc-723	308	1	https://doi.org/10.1080/23322039.2020.1735681	https://doi.org/10.1080/23322039.2020.1735681	PROPN
ijtc-723	308	2	vaněk	vaněk	PROPN
ijtc-723	308	3	,	,	PUNCT
ijtc-723	308	4	t.	t.	PROPN
ijtc-723	308	5	,	,	PUNCT
ijtc-723	308	6	&	&	CCONJ
ijtc-723	308	7	hampel	hampel	PROPN
ijtc-723	308	8	,	,	PUNCT
ijtc-723	308	9	d.	d.	PROPN
ijtc-723	308	10	(	(	PUNCT
ijtc-723	308	11	2017	2017	NUM
ijtc-723	308	12	)	)	PUNCT
ijtc-723	308	13	.	.	PUNCT
ijtc-723	309	1	the	the	DET
ijtc-723	309	2	probability	probability	NOUN
ijtc-723	309	3	of	of	ADP
ijtc-723	309	4	default	default	NOUN
ijtc-723	309	5	under	under	ADP
ijtc-723	309	6	ifrs	ifrs	NOUN
ijtc-723	309	7	9	9	NUM
ijtc-723	309	8	:	:	PUNCT
ijtc-723	309	9	multi	multi	ADJ
ijtc-723	309	10	-	-	ADJ
ijtc-723	309	11	period	period	NOUN
ijtc-723	309	12	estimation	estimation	NOUN
ijtc-723	309	13	and	and	CCONJ
ijtc-723	309	14	macroeconomic	macroeconomic	ADJ
ijtc-723	309	15	forecast	forecast	NOUN
ijtc-723	309	16	.	.	PUNCT
ijtc-723	310	1	acta	acta	PROPN
ijtc-723	310	2	universitatis	universitatis	PROPN
ijtc-723	310	3	agriculturae	agriculturae	PROPN
ijtc-723	310	4	et	et	PROPN
ijtc-723	310	5	silviculturae	silviculturae	PROPN
ijtc-723	310	6	mendelianae	mendelianae	PROPN
ijtc-723	310	7	brunensis	brunensis	PROPN
ijtc-723	310	8	,	,	PUNCT
ijtc-723	310	9	65(2	65(2	NOUN
ijtc-723	310	10	)	)	PUNCT
ijtc-723	310	11	,	,	PUNCT
ijtc-723	310	12	759–776	759–776	NUM
ijtc-723	310	13	.	.	PUNCT
ijtc-723	311	1	https://doi.org/10.11118/actaun201765020759	https://doi.org/10.11118/actaun201765020759	PROPN
ijtc-723	311	2	zhao	zhao	PROPN
ijtc-723	311	3	,	,	PUNCT
ijtc-723	311	4	b.	b.	PROPN
ijtc-723	311	5	,	,	PUNCT
ijtc-723	311	6	&	&	CCONJ
ijtc-723	311	7	cao	cao	PROPN
ijtc-723	311	8	,	,	PUNCT
ijtc-723	311	9	j.	j.	PROPN
ijtc-723	311	10	(	(	PUNCT
ijtc-723	311	11	2021	2021	NUM
ijtc-723	311	12	)	)	PUNCT
ijtc-723	311	13	.	.	PUNCT
ijtc-723	312	1	logistic	logistic	ADJ
ijtc-723	312	2	model	model	NOUN
ijtc-723	312	3	of	of	ADP
ijtc-723	312	4	credit	credit	NOUN
ijtc-723	312	5	risk	risk	NOUN
ijtc-723	312	6	during	during	ADP
ijtc-723	312	7	the	the	DET
ijtc-723	312	8	covid-19	covid-19	PROPN
ijtc-723	312	9	pandemic	pandemic	NOUN
ijtc-723	312	10	.	.	PUNCT
ijtc-723	313	1	int	int	PROPN
ijtc-723	313	2	j	j	PROPN
ijtc-723	313	3	biochem	biochem	PROPN
ijtc-723	313	4	physiol	physiol	PROPN
ijtc-723	313	5	,	,	PUNCT
ijtc-723	313	6	6(1	6(1	NUM
ijtc-723	313	7	)	)	PUNCT
ijtc-723	313	8	,	,	PUNCT
ijtc-723	313	9	193	193	NUM
ijtc-723	313	10	.	.	PUNCT
ijtc-723	314	1	https://doi.org/10.23880/ijbp-16000193	https://doi.org/10.23880/ijbp-16000193	PROPN
ijtc-723	314	2	zizi	zizi	PROPN
ijtc-723	314	3	,	,	PUNCT
ijtc-723	314	4	y.	y.	PROPN
ijtc-723	314	5	,	,	PUNCT
ijtc-723	314	6	jamali	jamali	PROPN
ijtc-723	314	7	-	-	PUNCT
ijtc-723	314	8	alaoui	alaoui	ADJ
ijtc-723	314	9	,	,	PUNCT
ijtc-723	314	10	a.	a.	NOUN
ijtc-723	314	11	,	,	PUNCT
ijtc-723	314	12	goumi	goumi	PROPN
ijtc-723	314	13	,	,	PUNCT
ijtc-723	314	14	b.	b.	PROPN
ijtc-723	314	15	el	el	PROPN
ijtc-723	314	16	,	,	PUNCT
ijtc-723	314	17	oudgou	oudgou	PROPN
ijtc-723	314	18	,	,	PUNCT
ijtc-723	314	19	m.	m.	NOUN
ijtc-723	314	20	,	,	PUNCT
ijtc-723	314	21	&	&	CCONJ
ijtc-723	314	22	moudden	moudden	PROPN
ijtc-723	314	23	,	,	PUNCT
ijtc-723	314	24	a.	a.	PROPN
ijtc-723	314	25	el	el	PROPN
ijtc-723	314	26	.	.	PUNCT
ijtc-723	314	27	(	(	PUNCT
ijtc-723	314	28	2021	2021	NUM
ijtc-723	314	29	)	)	PUNCT
ijtc-723	314	30	.	.	PUNCT
ijtc-723	315	1	an	an	DET
ijtc-723	315	2	optimal	optimal	ADJ
ijtc-723	315	3	model	model	NOUN
ijtc-723	315	4	of	of	ADP
ijtc-723	315	5	financial	financial	ADJ
ijtc-723	315	6	distress	distress	NOUN
ijtc-723	315	7	prediction	prediction	NOUN
ijtc-723	315	8	:	:	PUNCT
ijtc-723	315	9	a	a	DET
ijtc-723	315	10	comparative	comparative	ADJ
ijtc-723	315	11	study	study	NOUN
ijtc-723	315	12	between	between	ADP
ijtc-723	315	13	neural	neural	ADJ
ijtc-723	315	14	networks	network	NOUN
ijtc-723	315	15	and	and	CCONJ
ijtc-723	315	16	logistic	logistic	ADJ
ijtc-723	315	17	regression	regression	NOUN
ijtc-723	315	18	.	.	PUNCT
ijtc-723	316	1	risks	risk	NOUN
ijtc-723	316	2	,	,	PUNCT
ijtc-723	316	3	9	9	NUM
ijtc-723	316	4	,	,	PUNCT
ijtc-723	316	5	200	200	NUM
ijtc-723	316	6	.	.	PUNCT
ijtc-723	317	1	https://doi.org/10.3390/risks9110200	https://doi.org/10.3390/risks9110200	VERB
ijtc-723	317	2	https://www.ilomata.org/index.php/ijtc	https://www.ilomata.org/index.php/ijtc	ADJ