id	sid	tid	token	lemma	pos
bpbj-155	1	1	abstract	abstract	VERB
bpbj-155	1	2	the	the	DET
bpbj-155	1	3	expansion	expansion	NOUN
bpbj-155	1	4	of	of	ADP
bpbj-155	1	5	wood	wood	NOUN
bpbj-155	1	6	utilization	utilization	NOUN
bpbj-155	1	7	directly	directly	ADV
bpbj-155	1	8	contributes	contribute	VERB
bpbj-155	1	9	to	to	ADP
bpbj-155	1	10	mitigating	mitigate	VERB
bpbj-155	1	11	climate	climate	NOUN
bpbj-155	1	12	change	change	NOUN
bpbj-155	1	13	,	,	PUNCT
bpbj-155	1	14	owing	owe	VERB
bpbj-155	1	15	to	to	ADP
bpbj-155	1	16	the	the	DET
bpbj-155	1	17	characteristics	characteristic	NOUN
bpbj-155	1	18	of	of	ADP
bpbj-155	1	19	wood	wood	NOUN
bpbj-155	1	20	as	as	ADP
bpbj-155	1	21	a	a	DET
bpbj-155	1	22	material	material	NOUN
bpbj-155	1	23	.	.	PUNCT
bpbj-155	2	1	some	some	DET
bpbj-155	2	2	environmental	environmental	ADJ
bpbj-155	2	3	,	,	PUNCT
bpbj-155	2	4	social	social	ADJ
bpbj-155	2	5	and	and	CCONJ
bpbj-155	2	6	governance	governance	NOUN
bpbj-155	2	7	(	(	PUNCT
bpbj-155	2	8	esg	esg	NOUN
bpbj-155	2	9	)	)	PUNCT
bpbj-155	2	10	investors	investor	NOUN
bpbj-155	2	11	place	place	VERB
bpbj-155	2	12	high	high	ADJ
bpbj-155	2	13	value	value	NOUN
bpbj-155	2	14	on	on	ADP
bpbj-155	2	15	the	the	DET
bpbj-155	2	16	wood	wood	NOUN
bpbj-155	2	17	industry	industry	NOUN
bpbj-155	2	18	,	,	PUNCT
bpbj-155	2	19	especially	especially	ADV
bpbj-155	2	20	firms	firm	NOUN
bpbj-155	2	21	that	that	PRON
bpbj-155	2	22	demonstrate	demonstrate	VERB
bpbj-155	2	23	transparency	transparency	NOUN
bpbj-155	2	24	regarding	regard	VERB
bpbj-155	2	25	its	its	PRON
bpbj-155	2	26	challenges	challenge	NOUN
bpbj-155	2	27	to	to	ADP
bpbj-155	2	28	environmental	environmental	ADJ
bpbj-155	2	29	issues	issue	NOUN
bpbj-155	2	30	.	.	PUNCT
bpbj-155	3	1	there	there	PRON
bpbj-155	3	2	is	be	VERB
bpbj-155	3	3	a	a	DET
bpbj-155	3	4	hypothesis	hypothesis	NOUN
bpbj-155	3	5	that	that	PRON
bpbj-155	3	6	robust	robust	ADJ
bpbj-155	3	7	esg	esg	NOUN
bpbj-155	3	8	propositions	proposition	NOUN
bpbj-155	3	9	can	can	AUX
bpbj-155	3	10	generate	generate	VERB
bpbj-155	3	11	additional	additional	ADJ
bpbj-155	3	12	value	value	NOUN
bpbj-155	3	13	for	for	ADP
bpbj-155	3	14	businesses	business	NOUN
bpbj-155	3	15	,	,	PUNCT
bpbj-155	3	16	and	and	CCONJ
bpbj-155	3	17	this	this	DET
bpbj-155	3	18	study	study	NOUN
bpbj-155	3	19	aims	aim	VERB
bpbj-155	3	20	to	to	PART
bpbj-155	3	21	clarify	clarify	VERB
bpbj-155	3	22	whether	whether	SCONJ
bpbj-155	3	23	this	this	DET
bpbj-155	3	24	hypothesis	hypothesis	NOUN
bpbj-155	3	25	is	be	AUX
bpbj-155	3	26	supported	support	VERB
bpbj-155	3	27	in	in	ADP
bpbj-155	3	28	the	the	DET
bpbj-155	3	29	case	case	NOUN
bpbj-155	3	30	of	of	ADP
bpbj-155	3	31	pulp	pulp	NOUN
bpbj-155	3	32	and	and	CCONJ
bpbj-155	3	33	paper	paper	NOUN
bpbj-155	3	34	industry	industry	NOUN
bpbj-155	3	35	.	.	PUNCT
bpbj-155	4	1	this	this	DET
bpbj-155	4	2	study	study	NOUN
bpbj-155	4	3	surveyed	survey	VERB
bpbj-155	4	4	pulp	pulp	NOUN
bpbj-155	4	5	and	and	CCONJ
bpbj-155	4	6	paper	paper	NOUN
bpbj-155	4	7	firms	firm	NOUN
bpbj-155	4	8	in	in	ADP
bpbj-155	4	9	japan	japan	PROPN
bpbj-155	4	10	from	from	ADP
bpbj-155	4	11	2008	2008	NUM
bpbj-155	4	12	to	to	ADP
bpbj-155	4	13	2017	2017	NUM
bpbj-155	4	14	,	,	PUNCT
bpbj-155	4	15	covering	cover	VERB
bpbj-155	4	16	the	the	DET
bpbj-155	4	17	emergence	emergence	NOUN
bpbj-155	4	18	and	and	CCONJ
bpbj-155	4	19	growth	growth	NOUN
bpbj-155	4	20	of	of	ADP
bpbj-155	4	21	esg	esg	PROPN
bpbj-155	4	22	investment	investment	NOUN
bpbj-155	4	23	,	,	PUNCT
bpbj-155	4	24	as	as	SCONJ
bpbj-155	4	25	recommended	recommend	VERB
bpbj-155	4	26	by	by	ADP
bpbj-155	4	27	the	the	DET
bpbj-155	4	28	principles	principle	NOUN
bpbj-155	4	29	for	for	ADP
bpbj-155	4	30	responsible	responsible	ADJ
bpbj-155	4	31	investment	investment	NOUN
bpbj-155	4	32	(	(	PUNCT
bpbj-155	4	33	pri	pri	NOUN
bpbj-155	4	34	)	)	PUNCT
bpbj-155	4	35	established	establish	VERB
bpbj-155	4	36	in	in	ADP
bpbj-155	4	37	2006	2006	NUM
bpbj-155	4	38	and	and	CCONJ
bpbj-155	4	39	sustainable	sustainable	ADJ
bpbj-155	4	40	development	development	NOUN
bpbj-155	4	41	goals	goal	NOUN
bpbj-155	4	42	declared	declare	VERB
bpbj-155	4	43	by	by	ADP
bpbj-155	4	44	the	the	DET
bpbj-155	4	45	united	united	PROPN
bpbj-155	4	46	nations	nations	PROPN
bpbj-155	4	47	in	in	ADP
bpbj-155	4	48	2015	2015	NUM
bpbj-155	4	49	.	.	PUNCT
bpbj-155	5	1	additionally	additionally	ADV
bpbj-155	5	2	,	,	PUNCT
bpbj-155	5	3	this	this	DET
bpbj-155	5	4	study	study	NOUN
bpbj-155	5	5	determined	determine	VERB
bpbj-155	5	6	the	the	DET
bpbj-155	5	7	current	current	ADJ
bpbj-155	5	8	condition	condition	NOUN
bpbj-155	5	9	of	of	ADP
bpbj-155	5	10	environmental	environmental	ADJ
bpbj-155	5	11	information	information	NOUN
bpbj-155	5	12	disclosure	disclosure	NOUN
bpbj-155	5	13	using	use	VERB
bpbj-155	5	14	the	the	DET
bpbj-155	5	15	global	global	ADJ
bpbj-155	5	16	reporting	reporting	NOUN
bpbj-155	5	17	initiative	initiative	NOUN
bpbj-155	5	18	(	(	PUNCT
bpbj-155	5	19	gri	gri	PROPN
bpbj-155	5	20	)	)	PUNCT
bpbj-155	5	21	standards	standard	NOUN
bpbj-155	5	22	and	and	CCONJ
bpbj-155	5	23	investigated	investigate	VERB
bpbj-155	5	24	the	the	DET
bpbj-155	5	25	relationship	relationship	NOUN
bpbj-155	5	26	between	between	ADP
bpbj-155	5	27	environmental	environmental	ADJ
bpbj-155	5	28	information	information	NOUN
bpbj-155	5	29	disclosure	disclosure	NOUN
bpbj-155	5	30	patterns	pattern	NOUN
bpbj-155	5	31	and	and	CCONJ
bpbj-155	5	32	the	the	DET
bpbj-155	5	33	corporate	corporate	ADJ
bpbj-155	5	34	values	value	NOUN
bpbj-155	5	35	among	among	ADP
bpbj-155	5	36	six	six	NUM
bpbj-155	5	37	japanese	japanese	ADJ
bpbj-155	5	38	pulp	pulp	NOUN
bpbj-155	5	39	and	and	CCONJ
bpbj-155	5	40	paper	paper	NOUN
bpbj-155	5	41	firms	firm	NOUN
bpbj-155	5	42	.	.	PUNCT
bpbj-155	6	1	the	the	DET
bpbj-155	6	2	findings	finding	NOUN
bpbj-155	6	3	indicate	indicate	VERB
bpbj-155	6	4	that	that	SCONJ
bpbj-155	6	5	these	these	DET
bpbj-155	6	6	firms	firm	NOUN
bpbj-155	6	7	attached	attach	VERB
bpbj-155	6	8	importance	importance	NOUN
bpbj-155	6	9	to	to	ADP
bpbj-155	6	10	environmental	environmental	ADJ
bpbj-155	6	11	information	information	NOUN
bpbj-155	6	12	disclosure	disclosure	NOUN
bpbj-155	6	13	during	during	ADP
bpbj-155	6	14	this	this	DET
bpbj-155	6	15	period	period	NOUN
bpbj-155	6	16	,	,	PUNCT
bpbj-155	6	17	although	although	SCONJ
bpbj-155	6	18	the	the	DET
bpbj-155	6	19	detailed	detailed	ADJ
bpbj-155	6	20	disclosure	disclosure	NOUN
bpbj-155	6	21	strategies	strategy	NOUN
bpbj-155	6	22	differed	differ	VERB
bpbj-155	6	23	among	among	ADP
bpbj-155	6	24	firms	firm	NOUN
bpbj-155	6	25	.	.	PUNCT
bpbj-155	7	1	furthermore	furthermore	ADV
bpbj-155	7	2	,	,	PUNCT
bpbj-155	7	3	this	this	DET
bpbj-155	7	4	study	study	NOUN
bpbj-155	7	5	finds	find	VERB
bpbj-155	7	6	that	that	SCONJ
bpbj-155	7	7	the	the	DET
bpbj-155	7	8	gri	gri	PROPN
bpbj-155	7	9	standards	standard	NOUN
bpbj-155	7	10	are	be	AUX
bpbj-155	7	11	useful	useful	ADJ
bpbj-155	7	12	for	for	ADP
bpbj-155	7	13	clarifying	clarify	VERB
bpbj-155	7	14	the	the	DET
bpbj-155	7	15	environmental	environmental	ADJ
bpbj-155	7	16	information	information	NOUN
bpbj-155	7	17	strategies	strategy	NOUN
bpbj-155	7	18	presented	present	VERB
bpbj-155	7	19	in	in	ADP
bpbj-155	7	20	non	non	ADJ
bpbj-155	7	21	-	-	ADJ
bpbj-155	7	22	financial	financial	ADJ
bpbj-155	7	23	reports	report	NOUN
bpbj-155	7	24	.	.	PUNCT
bpbj-155	8	1	our	our	PRON
bpbj-155	8	2	findings	finding	NOUN
bpbj-155	8	3	follow	follow	VERB
bpbj-155	8	4	the	the	DET
bpbj-155	8	5	premise	premise	NOUN
bpbj-155	8	6	of	of	ADP
bpbj-155	8	7	esg	esg	PROPN
bpbj-155	8	8	investing	invest	VERB
bpbj-155	8	9	that	that	PRON
bpbj-155	8	10	refers	refer	VERB
bpbj-155	8	11	to	to	ADP
bpbj-155	8	12	the	the	DET
bpbj-155	8	13	consideration	consideration	NOUN
bpbj-155	8	14	of	of	ADP
bpbj-155	8	15	environmental	environmental	ADJ
bpbj-155	8	16	,	,	PUNCT
bpbj-155	8	17	social	social	ADJ
bpbj-155	8	18	,	,	PUNCT
bpbj-155	8	19	governance	governance	NOUN
bpbj-155	8	20	,	,	PUNCT
bpbj-155	8	21	and	and	CCONJ
bpbj-155	8	22	financial	financial	ADJ
bpbj-155	8	23	factors	factor	NOUN
bpbj-155	8	24	in	in	ADP
bpbj-155	8	25	investment	investment	NOUN
bpbj-155	8	26	decision	decision	NOUN
bpbj-155	8	27	-	-	PUNCT
bpbj-155	8	28	making	make	VERB
bpbj-155	8	29	processes	process	NOUN
bpbj-155	8	30	:	:	PUNCT
bpbj-155	8	31	that	that	SCONJ
bpbj-155	8	32	a	a	DET
bpbj-155	8	33	strong	strong	ADJ
bpbj-155	8	34	esg	esg	NOUN
bpbj-155	8	35	proposition	proposition	NOUN
bpbj-155	8	36	can	can	AUX
bpbj-155	8	37	generate	generate	VERB
bpbj-155	8	38	additional	additional	ADJ
bpbj-155	8	39	corporate	corporate	ADJ
bpbj-155	8	40	value	value	NOUN
bpbj-155	8	41	and	and	CCONJ
bpbj-155	8	42	support	support	VERB
bpbj-155	8	43	the	the	DET
bpbj-155	8	44	concept	concept	NOUN
bpbj-155	8	45	of	of	ADP
bpbj-155	8	46	esg	esg	PROPN
bpbj-155	8	47	ebit	ebit	PROPN
bpbj-155	8	48	(	(	PUNCT
bpbj-155	8	49	earnings	earning	NOUN
bpbj-155	8	50	before	before	ADP
bpbj-155	8	51	interest	interest	NOUN
bpbj-155	8	52	and	and	CCONJ
bpbj-155	8	53	taxes	taxis	NOUN
bpbj-155	8	54	)	)	PUNCT
bpbj-155	8	55	that	that	PRON
bpbj-155	8	56	includes	include	VERB
bpbj-155	8	57	not	not	PART
bpbj-155	8	58	only	only	ADV
bpbj-155	8	59	operating	operate	VERB
bpbj-155	8	60	profits	profit	NOUN
bpbj-155	8	61	,	,	PUNCT
bpbj-155	8	62	but	but	CCONJ
bpbj-155	8	63	also	also	ADV
bpbj-155	8	64	investments	investment	NOUN
bpbj-155	8	65	and	and	CCONJ
bpbj-155	8	66	labor	labor	NOUN
bpbj-155	8	67	costs	cost	NOUN
bpbj-155	8	68	as	as	ADP
bpbj-155	8	69	indicators	indicator	NOUN
bpbj-155	8	70	of	of	ADP
bpbj-155	8	71	stakeholder	stakeholder	NOUN
bpbj-155	8	72	value	value	NOUN
bpbj-155	8	73	.	.	PUNCT
bpbj-155	9	1	keywords	keyword	NOUN
bpbj-155	9	2	:	:	PUNCT
bpbj-155	9	3	corporate	corporate	ADJ
bpbj-155	9	4	value	value	NOUN
bpbj-155	9	5	,	,	PUNCT
bpbj-155	9	6	environmental	environmental	ADJ
bpbj-155	9	7	information	information	NOUN
bpbj-155	9	8	disclosure	disclosure	NOUN
bpbj-155	9	9	,	,	PUNCT
bpbj-155	9	10	wood	wood	NOUN
bpbj-155	9	11	industry	industry	NOUN
bpbj-155	9	12	,	,	PUNCT
bpbj-155	9	13	esg	esg	PROPN
bpbj-155	9	14	investing	investing	NOUN
bpbj-155	9	15	,	,	PUNCT
bpbj-155	9	16	case	case	NOUN
bpbj-155	9	17	in	in	ADP
bpbj-155	9	18	japan	japan	PROPN
bpbj-155	9	19	information	information	PROPN
bpbj-155	9	20	disclosure	disclosure	NOUN
bpbj-155	9	21	on	on	ADP
bpbj-155	9	22	environmental	environmental	ADJ
bpbj-155	9	23	activities	activity	NOUN
bpbj-155	9	24	and	and	CCONJ
bpbj-155	9	25	corporate	corporate	ADJ
bpbj-155	9	26	values	value	NOUN
bpbj-155	9	27	of	of	ADP
bpbj-155	9	28	pulp	pulp	NOUN
bpbj-155	9	29	and	and	CCONJ
bpbj-155	9	30	paper	paper	NOUN
bpbj-155	9	31	firms	firm	NOUN
bpbj-155	9	32	in	in	ADP
bpbj-155	9	33	japan	japan	PROPN
bpbj-155	9	34	1	1	NUM
bpbj-155	9	35	graduate	graduate	NOUN
bpbj-155	9	36	school	school	NOUN
bpbj-155	9	37	of	of	ADP
bpbj-155	9	38	agricultural	agricultural	ADJ
bpbj-155	9	39	and	and	CCONJ
bpbj-155	9	40	life	life	NOUN
bpbj-155	9	41	sciences	science	NOUN
bpbj-155	9	42	,	,	PUNCT
bpbj-155	9	43	the	the	DET
bpbj-155	9	44	university	university	NOUN
bpbj-155	9	45	of	of	ADP
bpbj-155	9	46	tokyo	tokyo	PROPN
bpbj-155	9	47	,	,	PUNCT
bpbj-155	9	48	japan	japan	PROPN
bpbj-155	9	49	*	*	PUNCT
bpbj-155	9	50	corresponding	correspond	VERB
bpbj-155	9	51	author	author	NOUN
bpbj-155	9	52	.	.	PUNCT
bpbj-155	10	1	email	email	NOUN
bpbj-155	10	2	:	:	PUNCT
bpbj-155	10	3	masafumi@g.ecc.u-tokyo.ac.jp	masafumi@g.ecc.u-tokyo.ac.jp	NOUN
bpbj-155	10	4	bioproducts	bioproduct	VERB
bpbj-155	10	5	business	business	NOUN
bpbj-155	10	6	10(2	10(2	NUM
bpbj-155	10	7	)	)	PUNCT
bpbj-155	10	8	,	,	PUNCT
bpbj-155	10	9	2025	2025	NUM
bpbj-155	10	10	,	,	PUNCT
bpbj-155	10	11	pp	pp	ADV
bpbj-155	10	12	.	.	PUNCT
bpbj-155	11	1	20–28	20–28	NUM
bpbj-155	11	2	.	.	PUNCT
bpbj-155	12	1	issn	issn	PROPN
bpbj-155	12	2	2378	2378	NUM
bpbj-155	12	3	-	-	SYM
bpbj-155	12	4	1394	1394	NUM
bpbj-155	12	5	https://doi.org/10.22382/bpb-2025-002	https://doi.org/10.22382/bpb-2025-002	NOUN
bpbj-155	12	6	kenji	kenji	PROPN
bpbj-155	12	7	nagasaka	nagasaka	PROPN
bpbj-155	12	8	1	1	NUM
bpbj-155	12	9	,	,	PUNCT
bpbj-155	12	10	masafumi	masafumi	ADJ
bpbj-155	12	11	inoue	inoue	PROPN
bpbj-155	12	12	1	1	NUM
bpbj-155	12	13	*	*	SYM
bpbj-155	12	14	1	1	X
bpbj-155	12	15	.	.	PUNCT
bpbj-155	12	16	introduction	introduction	NOUN
bpbj-155	12	17	environmental	environmental	ADJ
bpbj-155	12	18	,	,	PUNCT
bpbj-155	12	19	social	social	ADJ
bpbj-155	12	20	,	,	PUNCT
bpbj-155	12	21	and	and	CCONJ
bpbj-155	12	22	governance	governance	NOUN
bpbj-155	12	23	(	(	PUNCT
bpbj-155	12	24	esg	esg	NOUN
bpbj-155	12	25	)	)	PUNCT
bpbj-155	12	26	investing	investing	NOUN
bpbj-155	12	27	refers	refer	VERB
bpbj-155	12	28	to	to	ADP
bpbj-155	12	29	the	the	DET
bpbj-155	12	30	consideration	consideration	NOUN
bpbj-155	12	31	of	of	ADP
bpbj-155	12	32	environmental	environmental	ADJ
bpbj-155	12	33	,	,	PUNCT
bpbj-155	12	34	social	social	ADJ
bpbj-155	12	35	,	,	PUNCT
bpbj-155	12	36	governance	governance	NOUN
bpbj-155	12	37	,	,	PUNCT
bpbj-155	12	38	and	and	CCONJ
bpbj-155	12	39	financial	financial	ADJ
bpbj-155	12	40	factors	factor	NOUN
bpbj-155	12	41	in	in	ADP
bpbj-155	12	42	investment	investment	NOUN
bpbj-155	12	43	decision	decision	NOUN
bpbj-155	12	44	-	-	PUNCT
bpbj-155	12	45	making	make	VERB
bpbj-155	12	46	processes	process	NOUN
bpbj-155	12	47	(	(	PUNCT
bpbj-155	12	48	oecd	oecd	PROPN
bpbj-155	12	49	2020	2020	NUM
bpbj-155	12	50	)	)	PUNCT
bpbj-155	12	51	.	.	PUNCT
bpbj-155	13	1	the	the	DET
bpbj-155	13	2	number	number	NOUN
bpbj-155	13	3	of	of	ADP
bpbj-155	13	4	listed	list	VERB
bpbj-155	13	5	companies	company	NOUN
bpbj-155	13	6	that	that	PRON
bpbj-155	13	7	have	have	VERB
bpbj-155	13	8	active	active	ADJ
bpbj-155	13	9	efforts	effort	NOUN
bpbj-155	13	10	on	on	ADP
bpbj-155	13	11	esg	esg	PROPN
bpbj-155	13	12	issues	issue	NOUN
bpbj-155	13	13	has	have	AUX
bpbj-155	13	14	increased	increase	VERB
bpbj-155	13	15	in	in	ADP
bpbj-155	13	16	recent	recent	ADJ
bpbj-155	13	17	years	year	NOUN
bpbj-155	13	18	as	as	SCONJ
bpbj-155	13	19	esg	esg	PROPN
bpbj-155	13	20	investing	investing	NOUN
bpbj-155	13	21	has	have	AUX
bpbj-155	13	22	grown	grow	VERB
bpbj-155	13	23	rapidly	rapidly	ADV
bpbj-155	13	24	worldwide	worldwide	ADV
bpbj-155	13	25	.	.	PUNCT
bpbj-155	14	1	total	total	ADJ
bpbj-155	14	2	esg	esg	PROPN
bpbj-155	14	3	investment	investment	NOUN
bpbj-155	14	4	by	by	ADP
bpbj-155	14	5	institutional	institutional	ADJ
bpbj-155	14	6	investors	investor	NOUN
bpbj-155	14	7	in	in	ADP
bpbj-155	14	8	japan	japan	PROPN
bpbj-155	14	9	reached	reach	VERB
bpbj-155	14	10	jpy	jpy	PROPN
bpbj-155	14	11	514	514	NUM
bpbj-155	14	12	trillion1	trillion1	NOUN
bpbj-155	14	13	by	by	ADP
bpbj-155	14	14	march	march	PROPN
bpbj-155	14	15	2021	2021	NUM
bpbj-155	14	16	,	,	PUNCT
bpbj-155	14	17	an	an	DET
bpbj-155	14	18	increase	increase	NOUN
bpbj-155	14	19	of	of	ADP
bpbj-155	14	20	66	66	NUM
bpbj-155	14	21	%	%	NOUN
bpbj-155	14	22	over	over	ADP
bpbj-155	14	23	the	the	DET
bpbj-155	14	24	previous	previous	ADJ
bpbj-155	14	25	year	year	NOUN
bpbj-155	14	26	(	(	PUNCT
bpbj-155	14	27	japan	japan	PROPN
bpbj-155	14	28	sustainable	sustainable	ADJ
bpbj-155	14	29	investment	investment	NOUN
bpbj-155	14	30	forum	forum	NOUN
bpbj-155	14	31	2022	2022	NUM
bpbj-155	14	32	)	)	PUNCT
bpbj-155	14	33	.	.	PUNCT
bpbj-155	15	1	thus	thus	ADV
bpbj-155	15	2	,	,	PUNCT
bpbj-155	15	3	efforts	effort	NOUN
bpbj-155	15	4	to	to	PART
bpbj-155	15	5	disclose	disclose	VERB
bpbj-155	15	6	esg	esg	PROPN
bpbj-155	15	7	information	information	NOUN
bpbj-155	15	8	have	have	AUX
bpbj-155	15	9	become	become	VERB
bpbj-155	15	10	important	important	ADJ
bpbj-155	15	11	business	business	NOUN
bpbj-155	15	12	strategies	strategy	NOUN
bpbj-155	15	13	for	for	ADP
bpbj-155	15	14	firms	firm	NOUN
bpbj-155	15	15	.	.	PUNCT
bpbj-155	16	1	the	the	DET
bpbj-155	16	2	increase	increase	NOUN
bpbj-155	16	3	in	in	ADP
bpbj-155	16	4	esg	esg	PROPN
bpbj-155	16	5	investment	investment	NOUN
bpbj-155	16	6	supports	support	VERB
bpbj-155	16	7	the	the	DET
bpbj-155	16	8	hypothesis	hypothesis	NOUN
bpbj-155	16	9	that	that	PRON
bpbj-155	16	10	a	a	DET
bpbj-155	16	11	robust	robust	ADJ
bpbj-155	16	12	esg	esg	NOUN
bpbj-155	16	13	proposition	proposition	NOUN
bpbj-155	16	14	can	can	AUX
bpbj-155	16	15	generate	generate	VERB
bpbj-155	16	16	additional	additional	ADJ
bpbj-155	16	17	value	value	NOUN
bpbj-155	16	18	for	for	ADP
bpbj-155	16	19	businesses	business	NOUN
bpbj-155	16	20	(	(	PUNCT
bpbj-155	16	21	koller	koller	X
bpbj-155	16	22	et	et	PROPN
bpbj-155	16	23	al	al	PROPN
bpbj-155	16	24	.	.	PROPN
bpbj-155	16	25	2019	2019	NUM
bpbj-155	16	26	)	)	PUNCT
bpbj-155	16	27	.	.	PUNCT
bpbj-155	17	1	this	this	DET
bpbj-155	17	2	concept	concept	NOUN
bpbj-155	17	3	is	be	AUX
bpbj-155	17	4	similar	similar	ADJ
bpbj-155	17	5	to	to	ADP
bpbj-155	17	6	that	that	PRON
bpbj-155	17	7	of	of	ADP
bpbj-155	17	8	the	the	DET
bpbj-155	17	9	creating	create	VERB
bpbj-155	17	10	shared	share	VERB
bpbj-155	17	11	1	1	NUM
bpbj-155	17	12	for	for	ADP
bpbj-155	17	13	reference	reference	NOUN
bpbj-155	17	14	,	,	PUNCT
bpbj-155	17	15	the	the	DET
bpbj-155	17	16	current	current	ADJ
bpbj-155	17	17	approximate	approximate	ADJ
bpbj-155	17	18	conversion	conversion	NOUN
bpbj-155	17	19	rate	rate	NOUN
bpbj-155	17	20	is	be	AUX
bpbj-155	17	21	:	:	PUNCT
bpbj-155	17	22	usd	usd	NOUN
bpbj-155	17	23	1	1	NUM
bpbj-155	17	24	=	=	SYM
bpbj-155	17	25	jpy	jpy	PROPN
bpbj-155	17	26	140	140	NUM
bpbj-155	17	27	.	.	PUNCT
bpbj-155	18	1	nagasaka	nagasaka	PROPN
bpbj-155	18	2	and	and	CCONJ
bpbj-155	18	3	inoue	inoue	PROPN
bpbj-155	18	4	—	—	PUNCT
bpbj-155	18	5	information	information	NOUN
bpbj-155	18	6	disclosure	disclosure	NOUN
bpbj-155	18	7	on	on	ADP
bpbj-155	18	8	environmental	environmental	ADJ
bpbj-155	18	9	activities	activity	NOUN
bpbj-155	18	10	and	and	CCONJ
bpbj-155	18	11	corporate	corporate	ADJ
bpbj-155	18	12	values	value	NOUN
bpbj-155	18	13	of	of	ADP
bpbj-155	18	14	pulp	pulp	NOUN
bpbj-155	18	15	and	and	CCONJ
bpbj-155	18	16	paper	paper	NOUN
bpbj-155	18	17	firms	firm	NOUN
bpbj-155	18	18	in	in	ADP
bpbj-155	18	19	japan	japan	PROPN
bpbj-155	18	20	21	21	NUM
bpbj-155	18	21	values	value	NOUN
bpbj-155	18	22	(	(	PUNCT
bpbj-155	18	23	csv	csv	NOUN
bpbj-155	18	24	)	)	PUNCT
bpbj-155	18	25	strategy	strategy	NOUN
bpbj-155	18	26	proposed	propose	VERB
bpbj-155	18	27	by	by	ADP
bpbj-155	18	28	porter	porter	NOUN
bpbj-155	18	29	and	and	CCONJ
bpbj-155	18	30	kramer	kramer	PROPN
bpbj-155	18	31	(	(	PUNCT
bpbj-155	18	32	2011	2011	NUM
bpbj-155	18	33	)	)	PUNCT
bpbj-155	18	34	,	,	PUNCT
bpbj-155	18	35	who	who	PRON
bpbj-155	18	36	emphasized	emphasize	VERB
bpbj-155	18	37	the	the	DET
bpbj-155	18	38	importance	importance	NOUN
bpbj-155	18	39	of	of	ADP
bpbj-155	18	40	investments	investment	NOUN
bpbj-155	18	41	in	in	ADP
bpbj-155	18	42	long	long	ADJ
bpbj-155	18	43	-	-	PUNCT
bpbj-155	18	44	term	term	NOUN
bpbj-155	18	45	business	business	NOUN
bpbj-155	18	46	competitiveness	competitiveness	NOUN
bpbj-155	18	47	that	that	PRON
bpbj-155	18	48	simultaneously	simultaneously	ADV
bpbj-155	18	49	address	address	VERB
bpbj-155	18	50	social	social	ADJ
bpbj-155	18	51	and	and	CCONJ
bpbj-155	18	52	environmental	environmental	ADJ
bpbj-155	18	53	objectives	objective	NOUN
bpbj-155	18	54	(	(	PUNCT
bpbj-155	18	55	bockstette	bockstette	NOUN
bpbj-155	18	56	et	et	PROPN
bpbj-155	18	57	al	al	PROPN
bpbj-155	18	58	.	.	PROPN
bpbj-155	18	59	2011	2011	NUM
bpbj-155	18	60	)	)	PUNCT
bpbj-155	18	61	.	.	PUNCT
bpbj-155	19	1	however	however	ADV
bpbj-155	19	2	,	,	PUNCT
bpbj-155	19	3	empirical	empirical	ADJ
bpbj-155	19	4	evidence	evidence	NOUN
bpbj-155	19	5	supporting	support	VERB
bpbj-155	19	6	this	this	DET
bpbj-155	19	7	hypothesis	hypothesis	NOUN
bpbj-155	19	8	remains	remain	VERB
bpbj-155	19	9	limited	limited	ADJ
bpbj-155	19	10	.	.	PUNCT
bpbj-155	20	1	regarding	regard	VERB
bpbj-155	20	2	the	the	DET
bpbj-155	20	3	environmental	environmental	ADJ
bpbj-155	20	4	issues	issue	NOUN
bpbj-155	20	5	that	that	PRON
bpbj-155	20	6	comprise	comprise	VERB
bpbj-155	20	7	esg	esg	NOUN
bpbj-155	20	8	issues	issue	NOUN
bpbj-155	20	9	,	,	PUNCT
bpbj-155	20	10	the	the	DET
bpbj-155	20	11	expansion	expansion	NOUN
bpbj-155	20	12	of	of	ADP
bpbj-155	20	13	wood	wood	NOUN
bpbj-155	20	14	utilization	utilization	NOUN
bpbj-155	20	15	directly	directly	ADV
bpbj-155	20	16	contributes	contribute	VERB
bpbj-155	20	17	to	to	ADP
bpbj-155	20	18	mitigating	mitigate	VERB
bpbj-155	20	19	climate	climate	NOUN
bpbj-155	20	20	change	change	NOUN
bpbj-155	20	21	,	,	PUNCT
bpbj-155	20	22	owing	owe	VERB
bpbj-155	20	23	to	to	ADP
bpbj-155	20	24	the	the	DET
bpbj-155	20	25	characteristics	characteristic	NOUN
bpbj-155	20	26	of	of	ADP
bpbj-155	20	27	wood	wood	NOUN
bpbj-155	20	28	as	as	ADP
bpbj-155	20	29	a	a	DET
bpbj-155	20	30	material	material	NOUN
bpbj-155	20	31	,	,	PUNCT
bpbj-155	20	32	although	although	SCONJ
bpbj-155	20	33	sustainable	sustainable	ADJ
bpbj-155	20	34	forest	forest	NOUN
bpbj-155	20	35	management	management	NOUN
bpbj-155	20	36	remains	remain	VERB
bpbj-155	20	37	an	an	DET
bpbj-155	20	38	important	important	ADJ
bpbj-155	20	39	prerequisite	prerequisite	NOUN
bpbj-155	20	40	for	for	ADP
bpbj-155	20	41	achieving	achieve	VERB
bpbj-155	20	42	positive	positive	ADJ
bpbj-155	20	43	outcomes	outcome	NOUN
bpbj-155	20	44	by	by	ADP
bpbj-155	20	45	utilizing	utilize	VERB
bpbj-155	20	46	wood	wood	NOUN
bpbj-155	20	47	products	product	NOUN
bpbj-155	20	48	.	.	PUNCT
bpbj-155	21	1	therefore	therefore	ADV
bpbj-155	21	2	,	,	PUNCT
bpbj-155	21	3	the	the	DET
bpbj-155	21	4	business	business	NOUN
bpbj-155	21	5	models	model	NOUN
bpbj-155	21	6	of	of	ADP
bpbj-155	21	7	wood	wood	NOUN
bpbj-155	21	8	product	product	NOUN
bpbj-155	21	9	firms	firm	NOUN
bpbj-155	21	10	can	can	AUX
bpbj-155	21	11	be	be	AUX
bpbj-155	21	12	considered	consider	VERB
bpbj-155	21	13	to	to	PART
bpbj-155	21	14	have	have	VERB
bpbj-155	21	15	the	the	DET
bpbj-155	21	16	potential	potential	NOUN
bpbj-155	21	17	to	to	PART
bpbj-155	21	18	be	be	AUX
bpbj-155	21	19	positively	positively	ADV
bpbj-155	21	20	evaluated	evaluate	VERB
bpbj-155	21	21	by	by	ADP
bpbj-155	21	22	esg	esg	PROPN
bpbj-155	21	23	investors	investor	NOUN
bpbj-155	21	24	particularly	particularly	ADV
bpbj-155	21	25	concerned	concern	VERB
bpbj-155	21	26	with	with	ADP
bpbj-155	21	27	environmental	environmental	ADJ
bpbj-155	21	28	issues	issue	NOUN
bpbj-155	21	29	.	.	PUNCT
bpbj-155	22	1	therefore	therefore	ADV
bpbj-155	22	2	,	,	PUNCT
bpbj-155	22	3	this	this	DET
bpbj-155	22	4	study	study	NOUN
bpbj-155	22	5	aimed	aim	VERB
bpbj-155	22	6	to	to	PART
bpbj-155	22	7	clarify	clarify	VERB
bpbj-155	22	8	whether	whether	SCONJ
bpbj-155	22	9	the	the	DET
bpbj-155	22	10	hypothesis	hypothesis	NOUN
bpbj-155	22	11	,	,	PUNCT
bpbj-155	22	12	robust	robust	ADJ
bpbj-155	22	13	esg	esg	NOUN
bpbj-155	22	14	proposition	proposition	NOUN
bpbj-155	22	15	can	can	AUX
bpbj-155	22	16	generate	generate	VERB
bpbj-155	22	17	additional	additional	ADJ
bpbj-155	22	18	value	value	NOUN
bpbj-155	22	19	for	for	ADP
bpbj-155	22	20	businesses	business	NOUN
bpbj-155	22	21	,	,	PUNCT
bpbj-155	22	22	would	would	AUX
bpbj-155	22	23	support	support	VERB
bpbj-155	22	24	the	the	DET
bpbj-155	22	25	case	case	NOUN
bpbj-155	22	26	of	of	ADP
bpbj-155	22	27	the	the	DET
bpbj-155	22	28	pulp	pulp	NOUN
bpbj-155	22	29	and	and	CCONJ
bpbj-155	22	30	paper	paper	NOUN
bpbj-155	22	31	industry	industry	NOUN
bpbj-155	22	32	.	.	PUNCT
bpbj-155	23	1	this	this	DET
bpbj-155	23	2	study	study	NOUN
bpbj-155	23	3	examines	examine	VERB
bpbj-155	23	4	the	the	DET
bpbj-155	23	5	potential	potential	NOUN
bpbj-155	23	6	of	of	ADP
bpbj-155	23	7	wood	wood	NOUN
bpbj-155	23	8	product	product	NOUN
bpbj-155	23	9	manufacturers	manufacturer	NOUN
bpbj-155	23	10	by	by	ADP
bpbj-155	23	11	specifying	specify	VERB
bpbj-155	23	12	the	the	DET
bpbj-155	23	13	challenges	challenge	NOUN
bpbj-155	23	14	of	of	ADP
bpbj-155	23	15	environmental	environmental	ADJ
bpbj-155	23	16	information	information	NOUN
bpbj-155	23	17	consisting	consist	VERB
bpbj-155	23	18	of	of	ADP
bpbj-155	23	19	esg	esg	PROPN
bpbj-155	23	20	issues	issue	NOUN
bpbj-155	23	21	of	of	ADP
bpbj-155	23	22	pulp	pulp	NOUN
bpbj-155	23	23	and	and	CCONJ
bpbj-155	23	24	paper	paper	NOUN
bpbj-155	23	25	firms	firm	NOUN
bpbj-155	23	26	in	in	ADP
bpbj-155	23	27	japan	japan	PROPN
bpbj-155	23	28	and	and	CCONJ
bpbj-155	23	29	then	then	ADV
bpbj-155	23	30	measuring	measure	VERB
bpbj-155	23	31	the	the	DET
bpbj-155	23	32	changes	change	NOUN
bpbj-155	23	33	in	in	ADP
bpbj-155	23	34	their	their	PRON
bpbj-155	23	35	corporate	corporate	ADJ
bpbj-155	23	36	values	value	NOUN
bpbj-155	23	37	in	in	ADP
bpbj-155	23	38	response	response	NOUN
bpbj-155	23	39	to	to	ADP
bpbj-155	23	40	the	the	DET
bpbj-155	23	41	trend	trend	NOUN
bpbj-155	23	42	of	of	ADP
bpbj-155	23	43	environmental	environmental	ADJ
bpbj-155	23	44	information	information	NOUN
bpbj-155	23	45	disclosure	disclosure	NOUN
bpbj-155	23	46	.	.	PUNCT
bpbj-155	24	1	2	2	X
bpbj-155	24	2	.	.	X
bpbj-155	24	3	theoretical	theoretical	ADJ
bpbj-155	24	4	background	background	NOUN
bpbj-155	24	5	the	the	DET
bpbj-155	24	6	rise	rise	NOUN
bpbj-155	24	7	in	in	ADP
bpbj-155	24	8	esg	esg	PROPN
bpbj-155	24	9	investment	investment	NOUN
bpbj-155	24	10	may	may	AUX
bpbj-155	24	11	provide	provide	VERB
bpbj-155	24	12	additional	additional	ADJ
bpbj-155	24	13	value	value	NOUN
bpbj-155	24	14	for	for	ADP
bpbj-155	24	15	enterprises	enterprise	NOUN
bpbj-155	24	16	(	(	PUNCT
bpbj-155	24	17	koller	koller	X
bpbj-155	24	18	et	et	PROPN
bpbj-155	24	19	al	al	PROPN
bpbj-155	24	20	.	.	PROPN
bpbj-155	24	21	2019	2019	NUM
bpbj-155	24	22	)	)	PUNCT
bpbj-155	24	23	,	,	PUNCT
bpbj-155	24	24	which	which	PRON
bpbj-155	24	25	is	be	AUX
bpbj-155	24	26	parallel	parallel	ADJ
bpbj-155	24	27	with	with	ADP
bpbj-155	24	28	the	the	DET
bpbj-155	24	29	csv	csv	NOUN
bpbj-155	24	30	strategy	strategy	NOUN
bpbj-155	24	31	(	(	PUNCT
bpbj-155	24	32	porter	porter	NOUN
bpbj-155	24	33	and	and	CCONJ
bpbj-155	24	34	kramer	kramer	PROPN
bpbj-155	24	35	2011	2011	NUM
bpbj-155	24	36	)	)	PUNCT
bpbj-155	24	37	.	.	PUNCT
bpbj-155	25	1	however	however	ADV
bpbj-155	25	2	,	,	PUNCT
bpbj-155	25	3	additional	additional	ADJ
bpbj-155	25	4	evidence	evidence	NOUN
bpbj-155	25	5	corroborating	corroborate	VERB
bpbj-155	25	6	this	this	DET
bpbj-155	25	7	hypothesis	hypothesis	NOUN
bpbj-155	25	8	is	be	AUX
bpbj-155	25	9	needed	need	VERB
bpbj-155	25	10	.	.	PUNCT
bpbj-155	26	1	halbritter	halbritter	NOUN
bpbj-155	26	2	and	and	CCONJ
bpbj-155	26	3	dorfleitner	dorfleitner	NOUN
bpbj-155	26	4	(	(	PUNCT
bpbj-155	26	5	2015	2015	NUM
bpbj-155	26	6	)	)	PUNCT
bpbj-155	26	7	analyzed	analyze	VERB
bpbj-155	26	8	us	us	PROPN
bpbj-155	26	9	market	market	NOUN
bpbj-155	26	10	financial	financial	ADJ
bpbj-155	26	11	data	datum	NOUN
bpbj-155	26	12	from	from	ADP
bpbj-155	26	13	1991	1991	NUM
bpbj-155	26	14	to	to	ADP
bpbj-155	26	15	2012	2012	NUM
bpbj-155	26	16	and	and	CCONJ
bpbj-155	26	17	concluded	conclude	VERB
bpbj-155	26	18	that	that	SCONJ
bpbj-155	26	19	investors	investor	NOUN
bpbj-155	26	20	should	should	AUX
bpbj-155	26	21	not	not	PART
bpbj-155	26	22	expect	expect	VERB
bpbj-155	26	23	additional	additional	ADJ
bpbj-155	26	24	returns	return	NOUN
bpbj-155	26	25	from	from	ADP
bpbj-155	26	26	trading	trading	NOUN
bpbj-155	26	27	portfolios	portfolio	NOUN
bpbj-155	26	28	of	of	ADP
bpbj-155	26	29	highand	highand	ADJ
bpbj-155	26	30	low	low	ADV
bpbj-155	26	31	-	-	PUNCT
bpbj-155	26	32	rated	rate	VERB
bpbj-155	26	33	firms	firm	NOUN
bpbj-155	26	34	based	base	VERB
bpbj-155	26	35	on	on	ADP
bpbj-155	26	36	esg	esg	PROPN
bpbj-155	26	37	aspects	aspect	NOUN
bpbj-155	26	38	.	.	PUNCT
bpbj-155	27	1	similar	similar	ADJ
bpbj-155	27	2	findings	finding	NOUN
bpbj-155	27	3	were	be	AUX
bpbj-155	27	4	reported	report	VERB
bpbj-155	27	5	by	by	ADP
bpbj-155	27	6	bauer	bauer	PROPN
bpbj-155	27	7	et	et	PROPN
bpbj-155	27	8	al	al	PROPN
bpbj-155	27	9	.	.	PROPN
bpbj-155	28	1	(	(	PUNCT
bpbj-155	28	2	2005	2005	NUM
bpbj-155	28	3	)	)	PUNCT
bpbj-155	28	4	for	for	ADP
bpbj-155	28	5	german	german	ADJ
bpbj-155	28	6	,	,	PUNCT
bpbj-155	28	7	uk	uk	PROPN
bpbj-155	28	8	,	,	PUNCT
bpbj-155	28	9	and	and	CCONJ
bpbj-155	28	10	us	we	PRON
bpbj-155	28	11	ethical	ethical	ADJ
bpbj-155	28	12	mutual	mutual	ADJ
bpbj-155	28	13	funds	fund	NOUN
bpbj-155	28	14	,	,	PUNCT
bpbj-155	28	15	and	and	CCONJ
bpbj-155	28	16	by	by	ADP
bpbj-155	28	17	renneboog	renneboog	NOUN
bpbj-155	28	18	et	et	PROPN
bpbj-155	28	19	al	al	PROPN
bpbj-155	28	20	.	.	PUNCT
bpbj-155	29	1	(	(	PUNCT
bpbj-155	29	2	2008	2008	NUM
bpbj-155	29	3	)	)	PUNCT
bpbj-155	29	4	for	for	ADP
bpbj-155	29	5	socially	socially	ADV
bpbj-155	29	6	responsible	responsible	ADJ
bpbj-155	29	7	investment	investment	NOUN
bpbj-155	29	8	funds	fund	NOUN
bpbj-155	29	9	worldwide	worldwide	ADV
bpbj-155	29	10	,	,	PUNCT
bpbj-155	29	11	including	include	VERB
bpbj-155	29	12	japan	japan	PROPN
bpbj-155	29	13	.	.	PUNCT
bpbj-155	30	1	conversely	conversely	ADV
bpbj-155	30	2	,	,	PUNCT
bpbj-155	30	3	nishitani	nishitani	ADJ
bpbj-155	30	4	(	(	PUNCT
bpbj-155	30	5	2014	2014	NUM
bpbj-155	30	6	)	)	PUNCT
bpbj-155	30	7	demonstrated	demonstrate	VERB
bpbj-155	30	8	consistency	consistency	NOUN
bpbj-155	30	9	with	with	ADP
bpbj-155	30	10	the	the	DET
bpbj-155	30	11	hypothesis	hypothesis	NOUN
bpbj-155	30	12	that	that	PRON
bpbj-155	30	13	environmental	environmental	ADJ
bpbj-155	30	14	efforts	effort	NOUN
bpbj-155	30	15	positively	positively	ADV
bpbj-155	30	16	influence	influence	VERB
bpbj-155	30	17	their	their	PRON
bpbj-155	30	18	corporate	corporate	ADJ
bpbj-155	30	19	value	value	NOUN
bpbj-155	30	20	through	through	ADP
bpbj-155	30	21	active	active	ADJ
bpbj-155	30	22	information	information	NOUN
bpbj-155	30	23	disclosure	disclosure	NOUN
bpbj-155	30	24	on	on	ADP
bpbj-155	30	25	environmental	environmental	ADJ
bpbj-155	30	26	issues	issue	NOUN
bpbj-155	30	27	(	(	PUNCT
bpbj-155	30	28	hereafter	hereafter	ADV
bpbj-155	30	29	,	,	PUNCT
bpbj-155	30	30	environmental	environmental	ADJ
bpbj-155	30	31	information	information	NOUN
bpbj-155	30	32	)	)	PUNCT
bpbj-155	30	33	by	by	ADP
bpbj-155	30	34	conducting	conduct	VERB
bpbj-155	30	35	an	an	DET
bpbj-155	30	36	empirical	empirical	ADJ
bpbj-155	30	37	analysis	analysis	NOUN
bpbj-155	30	38	of	of	ADP
bpbj-155	30	39	financial	financial	ADJ
bpbj-155	30	40	and	and	CCONJ
bpbj-155	30	41	non	non	ADJ
bpbj-155	30	42	-	-	ADJ
bpbj-155	30	43	financial	financial	ADJ
bpbj-155	30	44	data	datum	NOUN
bpbj-155	30	45	of	of	ADP
bpbj-155	30	46	505	505	NUM
bpbj-155	30	47	japanese	japanese	ADJ
bpbj-155	30	48	manufacturers	manufacturer	NOUN
bpbj-155	30	49	between	between	ADP
bpbj-155	30	50	2008	2008	NUM
bpbj-155	30	51	and	and	CCONJ
bpbj-155	30	52	2011	2011	NUM
bpbj-155	30	53	.	.	PUNCT
bpbj-155	31	1	additionally	additionally	ADV
bpbj-155	31	2	,	,	PUNCT
bpbj-155	31	3	ghoul	ghoul	X
bpbj-155	31	4	et	et	PROPN
bpbj-155	31	5	al	al	PROPN
bpbj-155	31	6	.	.	PROPN
bpbj-155	31	7	(	(	PUNCT
bpbj-155	31	8	2011	2011	NUM
bpbj-155	31	9	)	)	PUNCT
bpbj-155	31	10	found	find	VERB
bpbj-155	31	11	that	that	SCONJ
bpbj-155	31	12	firms	firm	NOUN
bpbj-155	31	13	in	in	ADP
bpbj-155	31	14	the	the	DET
bpbj-155	31	15	us	we	PRON
bpbj-155	31	16	with	with	ADP
bpbj-155	31	17	better	well	ADJ
bpbj-155	31	18	corporate	corporate	ADJ
bpbj-155	31	19	social	social	ADJ
bpbj-155	31	20	responsibility	responsibility	NOUN
bpbj-155	31	21	(	(	PUNCT
bpbj-155	31	22	csr	csr	NOUN
bpbj-155	31	23	)	)	PUNCT
bpbj-155	31	24	scores	score	NOUN
bpbj-155	31	25	exhibit	exhibit	VERB
bpbj-155	31	26	cheaper	cheap	ADJ
bpbj-155	31	27	equity	equity	NOUN
bpbj-155	31	28	financing	financing	NOUN
bpbj-155	31	29	,	,	PUNCT
bpbj-155	31	30	resulting	result	VERB
bpbj-155	31	31	in	in	ADP
bpbj-155	31	32	higher	high	ADJ
bpbj-155	31	33	corporate	corporate	ADJ
bpbj-155	31	34	value	value	NOUN
bpbj-155	31	35	.	.	PUNCT
bpbj-155	32	1	in	in	ADP
bpbj-155	32	2	japan	japan	PROPN
bpbj-155	32	3	,	,	PUNCT
bpbj-155	32	4	the	the	DET
bpbj-155	32	5	signing	signing	NOUN
bpbj-155	32	6	of	of	ADP
bpbj-155	32	7	the	the	DET
bpbj-155	32	8	united	united	PROPN
bpbj-155	32	9	nations	nations	PROPN
bpbj-155	32	10	principles	principle	NOUN
bpbj-155	32	11	for	for	ADP
bpbj-155	32	12	responsible	responsible	ADJ
bpbj-155	32	13	investment	investment	NOUN
bpbj-155	32	14	by	by	ADP
bpbj-155	32	15	the	the	DET
bpbj-155	32	16	government	government	NOUN
bpbj-155	32	17	pension	pension	NOUN
bpbj-155	32	18	investment	investment	NOUN
bpbj-155	32	19	fund	fund	NOUN
bpbj-155	32	20	in	in	ADP
bpbj-155	32	21	september	september	PROPN
bpbj-155	32	22	2015	2015	NUM
bpbj-155	32	23	precipitated	precipitate	VERB
bpbj-155	32	24	the	the	DET
bpbj-155	32	25	expansion	expansion	NOUN
bpbj-155	32	26	of	of	ADP
bpbj-155	32	27	esg	esg	PROPN
bpbj-155	32	28	investment	investment	NOUN
bpbj-155	32	29	.	.	PUNCT
bpbj-155	33	1	the	the	DET
bpbj-155	33	2	environment	environment	NOUN
bpbj-155	33	3	for	for	ADP
bpbj-155	33	4	the	the	DET
bpbj-155	33	5	promotion	promotion	NOUN
bpbj-155	33	6	of	of	ADP
bpbj-155	33	7	esg	esg	PROPN
bpbj-155	33	8	investment	investment	NOUN
bpbj-155	33	9	has	have	AUX
bpbj-155	33	10	been	be	AUX
bpbj-155	33	11	steadily	steadily	ADV
bpbj-155	33	12	improving	improve	VERB
bpbj-155	33	13	,	,	PUNCT
bpbj-155	33	14	with	with	ADP
bpbj-155	33	15	firms	firm	NOUN
bpbj-155	33	16	being	be	AUX
bpbj-155	33	17	required	require	VERB
bpbj-155	33	18	to	to	PART
bpbj-155	33	19	formulate	formulate	VERB
bpbj-155	33	20	their	their	PRON
bpbj-155	33	21	corporate	corporate	ADJ
bpbj-155	33	22	governance	governance	NOUN
bpbj-155	33	23	codes	code	NOUN
bpbj-155	33	24	and	and	CCONJ
bpbj-155	33	25	stewardship	stewardship	NOUN
bpbj-155	33	26	code	code	NOUN
bpbj-155	33	27	.	.	PUNCT
bpbj-155	34	1	institutional	institutional	ADJ
bpbj-155	34	2	investors	investor	NOUN
bpbj-155	34	3	are	be	AUX
bpbj-155	34	4	now	now	ADV
bpbj-155	34	5	under	under	ADP
bpbj-155	34	6	an	an	DET
bpbj-155	34	7	obligation	obligation	NOUN
bpbj-155	34	8	to	to	PART
bpbj-155	34	9	engage	engage	VERB
bpbj-155	34	10	with	with	ADP
bpbj-155	34	11	the	the	DET
bpbj-155	34	12	firms	firm	NOUN
bpbj-155	34	13	in	in	ADP
bpbj-155	34	14	which	which	PRON
bpbj-155	34	15	they	they	PRON
bpbj-155	34	16	have	have	AUX
bpbj-155	34	17	invested	invest	VERB
bpbj-155	34	18	,	,	PUNCT
bpbj-155	34	19	taking	take	VERB
bpbj-155	34	20	esg	esg	PROPN
bpbj-155	34	21	issues	issue	NOUN
bpbj-155	34	22	into	into	ADP
bpbj-155	34	23	account	account	NOUN
bpbj-155	34	24	,	,	PUNCT
bpbj-155	34	25	and	and	CCONJ
bpbj-155	34	26	to	to	PART
bpbj-155	34	27	disclose	disclose	VERB
bpbj-155	34	28	information	information	NOUN
bpbj-155	34	29	for	for	ADP
bpbj-155	34	30	the	the	DET
bpbj-155	34	31	exercise	exercise	NOUN
bpbj-155	34	32	of	of	ADP
bpbj-155	34	33	voting	voting	NOUN
bpbj-155	34	34	rights	right	NOUN
bpbj-155	34	35	.	.	PUNCT
bpbj-155	35	1	nagasaka	nagasaka	ADV
bpbj-155	35	2	et	et	PROPN
bpbj-155	35	3	al	al	PROPN
bpbj-155	35	4	.	.	PROPN
bpbj-155	35	5	(	(	PUNCT
bpbj-155	35	6	2022	2022	NUM
bpbj-155	35	7	)	)	PUNCT
bpbj-155	35	8	analyzed	analyze	VERB
bpbj-155	35	9	the	the	DET
bpbj-155	35	10	disclosure	disclosure	NOUN
bpbj-155	35	11	of	of	ADP
bpbj-155	35	12	information	information	NOUN
bpbj-155	35	13	on	on	ADP
bpbj-155	35	14	social	social	ADJ
bpbj-155	35	15	issues	issue	NOUN
bpbj-155	35	16	by	by	ADP
bpbj-155	35	17	pulp	pulp	NOUN
bpbj-155	35	18	and	and	CCONJ
bpbj-155	35	19	paper	paper	NOUN
bpbj-155	35	20	firms	firm	NOUN
bpbj-155	35	21	in	in	ADP
bpbj-155	35	22	japan	japan	PROPN
bpbj-155	35	23	.	.	PUNCT
bpbj-155	36	1	the	the	DET
bpbj-155	36	2	findings	finding	NOUN
bpbj-155	36	3	indicated	indicate	VERB
bpbj-155	36	4	that	that	SCONJ
bpbj-155	36	5	the	the	DET
bpbj-155	36	6	impacts	impact	NOUN
bpbj-155	36	7	of	of	ADP
bpbj-155	36	8	the	the	DET
bpbj-155	36	9	sdgs	sdgs	NOUN
bpbj-155	36	10	were	be	AUX
bpbj-155	36	11	few	few	ADJ
bpbj-155	36	12	,	,	PUNCT
bpbj-155	36	13	however	however	ADV
bpbj-155	36	14	,	,	PUNCT
bpbj-155	36	15	a	a	DET
bpbj-155	36	16	pronounced	pronounce	VERB
bpbj-155	36	17	surge	surge	NOUN
bpbj-155	36	18	was	be	AUX
bpbj-155	36	19	observed	observe	VERB
bpbj-155	36	20	around	around	ADP
bpbj-155	36	21	2016	2016	NUM
bpbj-155	36	22	pertaining	pertain	VERB
bpbj-155	36	23	to	to	ADP
bpbj-155	36	24	gender	gender	NOUN
bpbj-155	36	25	and	and	CCONJ
bpbj-155	36	26	diversity	diversity	NOUN
bpbj-155	36	27	(	(	PUNCT
bpbj-155	36	28	concerning	concern	VERB
bpbj-155	36	29	sdg5	sdg5	PROPN
bpbj-155	36	30	)	)	PUNCT
bpbj-155	36	31	.	.	PUNCT
bpbj-155	37	1	furthermore	furthermore	ADV
bpbj-155	37	2	,	,	PUNCT
bpbj-155	37	3	the	the	DET
bpbj-155	37	4	disclosure	disclosure	NOUN
bpbj-155	37	5	of	of	ADP
bpbj-155	37	6	initiatives	initiative	NOUN
bpbj-155	37	7	pertaining	pertain	VERB
bpbj-155	37	8	to	to	ADP
bpbj-155	37	9	job	job	NOUN
bpbj-155	37	10	creation	creation	NOUN
bpbj-155	37	11	(	(	PUNCT
bpbj-155	37	12	concerning	concern	VERB
bpbj-155	37	13	sdg8	sdg8	PROPN
bpbj-155	37	14	)	)	PUNCT
bpbj-155	37	15	,	,	PUNCT
bpbj-155	37	16	inequality	inequality	NOUN
bpbj-155	37	17	and	and	CCONJ
bpbj-155	37	18	human	human	ADJ
bpbj-155	37	19	rights	right	NOUN
bpbj-155	37	20	(	(	PUNCT
bpbj-155	37	21	concerning	concern	VERB
bpbj-155	37	22	sdg8	sdg8	PROPN
bpbj-155	37	23	and	and	CCONJ
bpbj-155	37	24	10	10	NUM
bpbj-155	37	25	)	)	PUNCT
bpbj-155	37	26	,	,	PUNCT
bpbj-155	37	27	and	and	CCONJ
bpbj-155	37	28	workplace	workplace	NOUN
bpbj-155	37	29	environment	environment	NOUN
bpbj-155	37	30	(	(	PUNCT
bpbj-155	37	31	concerning	concern	VERB
bpbj-155	37	32	sdg	sdg	PROPN
bpbj-155	37	33	8)	8)	NUM
bpbj-155	37	34	was	be	AUX
bpbj-155	37	35	prevalent	prevalent	ADJ
bpbj-155	37	36	.	.	PUNCT
bpbj-155	38	1	3	3	X
bpbj-155	38	2	.	.	X
bpbj-155	38	3	method	method	NOUN
bpbj-155	38	4	this	this	DET
bpbj-155	38	5	study	study	NOUN
bpbj-155	38	6	focuses	focus	VERB
bpbj-155	38	7	on	on	ADP
bpbj-155	38	8	pulp	pulp	NOUN
bpbj-155	38	9	and	and	CCONJ
bpbj-155	38	10	paper	paper	NOUN
bpbj-155	38	11	firms	firm	NOUN
bpbj-155	38	12	in	in	ADP
bpbj-155	38	13	japan	japan	PROPN
bpbj-155	38	14	,	,	PUNCT
bpbj-155	38	15	which	which	PRON
bpbj-155	38	16	represent	represent	VERB
bpbj-155	38	17	the	the	DET
bpbj-155	38	18	largest	large	ADJ
bpbj-155	38	19	consumers	consumer	NOUN
bpbj-155	38	20	of	of	ADP
bpbj-155	38	21	wood	wood	NOUN
bpbj-155	38	22	materials	material	NOUN
bpbj-155	38	23	.	.	PUNCT
bpbj-155	39	1	most	most	ADJ
bpbj-155	39	2	wood	wood	NOUN
bpbj-155	39	3	product	product	NOUN
bpbj-155	39	4	manufacturers	manufacturer	NOUN
bpbj-155	39	5	in	in	ADP
bpbj-155	39	6	japan	japan	PROPN
bpbj-155	39	7	have	have	AUX
bpbj-155	39	8	recently	recently	ADV
bpbj-155	39	9	begun	begin	VERB
bpbj-155	39	10	disclosing	disclose	VERB
bpbj-155	39	11	environmental	environmental	ADJ
bpbj-155	39	12	information	information	NOUN
bpbj-155	39	13	,	,	PUNCT
bpbj-155	39	14	except	except	SCONJ
bpbj-155	39	15	for	for	ADP
bpbj-155	39	16	pulp	pulp	NOUN
bpbj-155	39	17	and	and	CCONJ
bpbj-155	39	18	paper	paper	NOUN
bpbj-155	39	19	firms	firm	NOUN
bpbj-155	39	20	,	,	PUNCT
bpbj-155	39	21	which	which	PRON
bpbj-155	39	22	have	have	AUX
bpbj-155	39	23	long	long	ADV
bpbj-155	39	24	been	be	AUX
bpbj-155	39	25	challenged	challenge	VERB
bpbj-155	39	26	to	to	PART
bpbj-155	39	27	actively	actively	ADV
bpbj-155	39	28	disclose	disclose	VERB
bpbj-155	39	29	their	their	PRON
bpbj-155	39	30	environmental	environmental	ADJ
bpbj-155	39	31	information	information	NOUN
bpbj-155	39	32	after	after	ADP
bpbj-155	39	33	having	having	AUX
bpbj-155	39	34	addressed	address	VERB
bpbj-155	39	35	air	air	NOUN
bpbj-155	39	36	and	and	CCONJ
bpbj-155	39	37	water	water	NOUN
bpbj-155	39	38	pollution	pollution	NOUN
bpbj-155	39	39	through	through	ADP
bpbj-155	39	40	their	their	PRON
bpbj-155	39	41	business	business	NOUN
bpbj-155	39	42	operations	operation	NOUN
bpbj-155	39	43	in	in	ADP
bpbj-155	39	44	the	the	DET
bpbj-155	39	45	past	past	NOUN
bpbj-155	39	46	(	(	PUNCT
bpbj-155	39	47	kuninaka	kuninaka	NOUN
bpbj-155	39	48	1980	1980	NUM
bpbj-155	39	49	)	)	PUNCT
bpbj-155	39	50	.	.	PUNCT
bpbj-155	40	1	the	the	DET
bpbj-155	40	2	six	six	NUM
bpbj-155	40	3	firms	firm	NOUN
bpbj-155	40	4	surveyed	survey	VERB
bpbj-155	40	5	were	be	AUX
bpbj-155	40	6	oji	oji	PROPN
bpbj-155	40	7	holdings	holding	NOUN
bpbj-155	40	8	(	(	PUNCT
bpbj-155	40	9	oji	oji	PROPN
bpbj-155	40	10	)	)	PUNCT
bpbj-155	40	11	,	,	PUNCT
bpbj-155	40	12	nippon	nippon	PROPN
bpbj-155	40	13	paper	paper	NOUN
bpbj-155	40	14	industries	industry	NOUN
bpbj-155	40	15	(	(	PUNCT
bpbj-155	40	16	nippon	nippon	PROPN
bpbj-155	40	17	paper	paper	NOUN
bpbj-155	40	18	)	)	PUNCT
bpbj-155	40	19	,	,	PUNCT
bpbj-155	40	20	rengo	rengo	PROPN
bpbj-155	40	21	co.	co.	PROPN
bpbj-155	40	22	,	,	PUNCT
bpbj-155	40	23	ltd	ltd	PROPN
bpbj-155	40	24	.	.	PROPN
bpbj-155	40	25	(	(	PUNCT
bpbj-155	40	26	rengo	rengo	PROPN
bpbj-155	40	27	)	)	PUNCT
bpbj-155	40	28	,	,	PUNCT
bpbj-155	40	29	daio	daio	NOUN
bpbj-155	40	30	paper	paper	NOUN
bpbj-155	40	31	corporation	corporation	NOUN
bpbj-155	40	32	(	(	PUNCT
bpbj-155	40	33	daio	daio	NOUN
bpbj-155	40	34	)	)	PUNCT
bpbj-155	40	35	,	,	PUNCT
bpbj-155	40	36	hokuetsu	hokuetsu	ADJ
bpbj-155	40	37	corporation	corporation	NOUN
bpbj-155	40	38	(	(	PUNCT
bpbj-155	40	39	hokuetsu	hokuetsu	ADJ
bpbj-155	40	40	)	)	PUNCT
bpbj-155	40	41	,	,	PUNCT
bpbj-155	40	42	and	and	CCONJ
bpbj-155	40	43	mitsubishi	mitsubishi	PROPN
bpbj-155	40	44	paper	paper	PROPN
bpbj-155	40	45	mills	mill	NOUN
bpbj-155	40	46	limited	limit	VERB
bpbj-155	40	47	(	(	PUNCT
bpbj-155	40	48	mitsubishi	mitsubishi	PROPN
bpbj-155	40	49	)	)	PUNCT
bpbj-155	40	50	.	.	PUNCT
bpbj-155	41	1	these	these	DET
bpbj-155	41	2	firms	firm	NOUN
bpbj-155	41	3	belong	belong	VERB
bpbj-155	41	4	to	to	ADP
bpbj-155	41	5	the	the	DET
bpbj-155	41	6	“	"	PUNCT
bpbj-155	41	7	pulp	pulp	NOUN
bpbj-155	41	8	and	and	CCONJ
bpbj-155	41	9	paper	paper	NOUN
bpbj-155	41	10	”	"	PUNCT
bpbj-155	41	11	division	division	NOUN
bpbj-155	41	12	listed	list	VERB
bpbj-155	41	13	in	in	ADP
bpbj-155	41	14	the	the	DET
bpbj-155	41	15	first	first	ADJ
bpbj-155	41	16	section	section	NOUN
bpbj-155	41	17	of	of	ADP
bpbj-155	41	18	the	the	DET
bpbj-155	41	19	tokyo	tokyo	PROPN
bpbj-155	41	20	stock	stock	NOUN
bpbj-155	41	21	exchange	exchange	NOUN
bpbj-155	41	22	market	market	NOUN
bpbj-155	41	23	.	.	PUNCT
bpbj-155	42	1	their	their	PRON
bpbj-155	42	2	combined	combine	VERB
bpbj-155	42	3	sales	sale	NOUN
bpbj-155	42	4	represented	represent	VERB
bpbj-155	42	5	69	69	NUM
bpbj-155	42	6	%	%	NOUN
bpbj-155	42	7	of	of	ADP
bpbj-155	42	8	29	29	NUM
bpbj-155	42	9	major	major	ADJ
bpbj-155	42	10	pulp	pulp	NOUN
bpbj-155	42	11	and	and	CCONJ
bpbj-155	42	12	paper	paper	NOUN
bpbj-155	42	13	firms	firm	NOUN
bpbj-155	42	14	in	in	ADP
bpbj-155	42	15	2020	2020	NUM
bpbj-155	42	16	.	.	PUNCT
bpbj-155	43	1	oji	oji	PROPN
bpbj-155	43	2	was	be	AUX
bpbj-155	43	3	mitsubishi	mitsubishi	PROPN
bpbj-155	43	4	’s	’s	PART
bpbj-155	43	5	top	top	ADJ
bpbj-155	43	6	shareholder	shareholder	NOUN
bpbj-155	43	7	,	,	PUNCT
bpbj-155	43	8	accounting	account	VERB
bpbj-155	43	9	for	for	ADP
bpbj-155	43	10	33	33	NUM
bpbj-155	43	11	%	%	NOUN
bpbj-155	43	12	of	of	ADP
bpbj-155	43	13	its	its	PRON
bpbj-155	43	14	total	total	ADJ
bpbj-155	43	15	stock	stock	NOUN
bpbj-155	43	16	in	in	ADP
bpbj-155	43	17	2020	2020	NUM
bpbj-155	43	18	.	.	PUNCT
bpbj-155	44	1	hokuetsu	hokuetsu	PROPN
bpbj-155	44	2	was	be	AUX
bpbj-155	44	3	also	also	ADV
bpbj-155	44	4	daio	daio	NOUN
bpbj-155	44	5	’s	’s	PART
bpbj-155	44	6	top	top	ADJ
bpbj-155	44	7	shareholder	shareholder	NOUN
bpbj-155	44	8	,	,	PUNCT
bpbj-155	44	9	holding	hold	VERB
bpbj-155	44	10	24	24	NUM
bpbj-155	44	11	%	%	NOUN
bpbj-155	44	12	of	of	ADP
bpbj-155	44	13	its	its	PRON
bpbj-155	44	14	total	total	ADJ
bpbj-155	44	15	22	22	NUM
bpbj-155	44	16	bioproducts	bioproduct	NOUN
bpbj-155	44	17	business	business	NOUN
bpbj-155	44	18	10(2	10(2	NUM
bpbj-155	44	19	)	)	PUNCT
bpbj-155	44	20	2025	2025	NUM
bpbj-155	44	21	stock	stock	NOUN
bpbj-155	44	22	at	at	ADP
bpbj-155	44	23	the	the	DET
bpbj-155	44	24	same	same	ADJ
bpbj-155	44	25	time	time	NOUN
bpbj-155	44	26	.	.	PUNCT
bpbj-155	45	1	oji	oji	PROPN
bpbj-155	45	2	,	,	PUNCT
bpbj-155	45	3	nippon	nippon	PROPN
bpbj-155	45	4	paper	paper	NOUN
bpbj-155	45	5	,	,	PUNCT
bpbj-155	45	6	and	and	CCONJ
bpbj-155	45	7	daio	daio	NOUN
bpbj-155	45	8	produced	produce	VERB
bpbj-155	45	9	paperboards	paperboard	NOUN
bpbj-155	45	10	made	make	VERB
bpbj-155	45	11	of	of	ADP
bpbj-155	45	12	recycled	recycled	ADJ
bpbj-155	45	13	paper	paper	NOUN
bpbj-155	45	14	and	and	CCONJ
bpbj-155	45	15	printing	printing	NOUN
bpbj-155	45	16	paper	paper	NOUN
bpbj-155	45	17	made	make	VERB
bpbj-155	45	18	from	from	ADP
bpbj-155	45	19	wood	wood	NOUN
bpbj-155	45	20	pulp	pulp	NOUN
bpbj-155	45	21	and	and	CCONJ
bpbj-155	45	22	recycled	recycled	ADJ
bpbj-155	45	23	paper	paper	NOUN
bpbj-155	45	24	.	.	PUNCT
bpbj-155	46	1	rengo	rengo	PROPN
bpbj-155	46	2	primarily	primarily	ADV
bpbj-155	46	3	produces	produce	VERB
bpbj-155	46	4	paperboard	paperboard	NOUN
bpbj-155	46	5	.	.	PUNCT
bpbj-155	47	1	the	the	DET
bpbj-155	47	2	other	other	ADJ
bpbj-155	47	3	firms	firm	NOUN
bpbj-155	47	4	primarily	primarily	ADV
bpbj-155	47	5	produce	produce	VERB
bpbj-155	47	6	printing	printing	NOUN
bpbj-155	47	7	papers	paper	NOUN
bpbj-155	47	8	.	.	PUNCT
bpbj-155	48	1	non	non	ADJ
bpbj-155	48	2	-	-	ADJ
bpbj-155	48	3	financial	financial	ADJ
bpbj-155	48	4	reports	report	NOUN
bpbj-155	48	5	showing	show	VERB
bpbj-155	48	6	the	the	DET
bpbj-155	48	7	firms	firm	NOUN
bpbj-155	48	8	’	’	PART
bpbj-155	48	9	countermeasures	countermeasure	NOUN
bpbj-155	48	10	taken	take	VERB
bpbj-155	48	11	to	to	PART
bpbj-155	48	12	address	address	VERB
bpbj-155	48	13	environmental	environmental	ADJ
bpbj-155	48	14	issues	issue	NOUN
bpbj-155	48	15	published	publish	VERB
bpbj-155	48	16	between	between	ADP
bpbj-155	48	17	2008	2008	NUM
bpbj-155	48	18	and	and	CCONJ
bpbj-155	48	19	2017	2017	NUM
bpbj-155	48	20	from	from	ADP
bpbj-155	48	21	the	the	DET
bpbj-155	48	22	six	six	NUM
bpbj-155	48	23	firms	firm	NOUN
bpbj-155	48	24	were	be	AUX
bpbj-155	48	25	analyzed	analyze	VERB
bpbj-155	48	26	to	to	PART
bpbj-155	48	27	determine	determine	VERB
bpbj-155	48	28	the	the	DET
bpbj-155	48	29	conditions	condition	NOUN
bpbj-155	48	30	of	of	ADP
bpbj-155	48	31	environmental	environmental	ADJ
bpbj-155	48	32	information	information	NOUN
bpbj-155	48	33	during	during	ADP
bpbj-155	48	34	the	the	DET
bpbj-155	48	35	period	period	NOUN
bpbj-155	48	36	.	.	PUNCT
bpbj-155	49	1	this	this	DET
bpbj-155	49	2	period	period	NOUN
bpbj-155	49	3	covers	cover	VERB
bpbj-155	49	4	the	the	DET
bpbj-155	49	5	emergence	emergence	NOUN
bpbj-155	49	6	and	and	CCONJ
bpbj-155	49	7	growth	growth	NOUN
bpbj-155	49	8	of	of	ADP
bpbj-155	49	9	esg	esg	PROPN
bpbj-155	49	10	investment	investment	NOUN
bpbj-155	49	11	,	,	PUNCT
bpbj-155	49	12	as	as	SCONJ
bpbj-155	49	13	recommended	recommend	VERB
bpbj-155	49	14	by	by	ADP
bpbj-155	49	15	the	the	DET
bpbj-155	49	16	principles	principle	NOUN
bpbj-155	49	17	for	for	ADP
bpbj-155	49	18	responsible	responsible	ADJ
bpbj-155	49	19	investment	investment	NOUN
bpbj-155	49	20	(	(	PUNCT
bpbj-155	49	21	pri	pri	NOUN
bpbj-155	49	22	)	)	PUNCT
bpbj-155	49	23	established	establish	VERB
bpbj-155	49	24	in	in	ADP
bpbj-155	49	25	2006	2006	NUM
bpbj-155	49	26	.	.	PUNCT
bpbj-155	50	1	in	in	ADP
bpbj-155	50	2	addition	addition	NOUN
bpbj-155	50	3	,	,	PUNCT
bpbj-155	50	4	the	the	DET
bpbj-155	50	5	sustainable	sustainable	ADJ
bpbj-155	50	6	development	development	NOUN
bpbj-155	50	7	goals	goal	NOUN
bpbj-155	50	8	(	(	PUNCT
bpbj-155	50	9	sdgs	sdgs	ADJ
bpbj-155	50	10	)	)	PUNCT
bpbj-155	50	11	declared	declare	VERB
bpbj-155	50	12	by	by	ADP
bpbj-155	50	13	the	the	DET
bpbj-155	50	14	united	united	PROPN
bpbj-155	50	15	nations	nations	PROPN
bpbj-155	50	16	in	in	ADP
bpbj-155	50	17	2015	2015	NUM
bpbj-155	50	18	were	be	AUX
bpbj-155	50	19	covered	cover	VERB
bpbj-155	50	20	by	by	ADP
bpbj-155	50	21	the	the	DET
bpbj-155	50	22	targeted	target	VERB
bpbj-155	50	23	period	period	NOUN
bpbj-155	50	24	in	in	ADP
bpbj-155	50	25	this	this	DET
bpbj-155	50	26	study	study	NOUN
bpbj-155	50	27	.	.	PUNCT
bpbj-155	51	1	to	to	PART
bpbj-155	51	2	determine	determine	VERB
bpbj-155	51	3	the	the	DET
bpbj-155	51	4	tendency	tendency	NOUN
bpbj-155	51	5	of	of	ADP
bpbj-155	51	6	environmental	environmental	ADJ
bpbj-155	51	7	information	information	NOUN
bpbj-155	51	8	disclosure	disclosure	NOUN
bpbj-155	51	9	during	during	ADP
bpbj-155	51	10	this	this	DET
bpbj-155	51	11	period	period	NOUN
bpbj-155	51	12	,	,	PUNCT
bpbj-155	51	13	we	we	PRON
bpbj-155	51	14	conducted	conduct	VERB
bpbj-155	51	15	a	a	DET
bpbj-155	51	16	quantitative	quantitative	ADJ
bpbj-155	51	17	content	content	NOUN
bpbj-155	51	18	analysis	analysis	NOUN
bpbj-155	51	19	to	to	PART
bpbj-155	51	20	extract	extract	VERB
bpbj-155	51	21	words	word	NOUN
bpbj-155	51	22	concerning	concern	VERB
bpbj-155	51	23	the	the	DET
bpbj-155	51	24	environmental	environmental	ADJ
bpbj-155	51	25	information	information	NOUN
bpbj-155	51	26	of	of	ADP
bpbj-155	51	27	the	the	DET
bpbj-155	51	28	six	six	NUM
bpbj-155	51	29	firms	firm	NOUN
bpbj-155	51	30	using	use	VERB
bpbj-155	51	31	the	the	DET
bpbj-155	51	32	kh	kh	PROPN
bpbj-155	51	33	coder	coder	PROPN
bpbj-155	51	34	(	(	PUNCT
bpbj-155	51	35	higuchi	higuchi	PROPN
bpbj-155	51	36	2016	2016	NUM
bpbj-155	51	37	)	)	PUNCT
bpbj-155	51	38	.	.	PUNCT
bpbj-155	52	1	all	all	DET
bpbj-155	52	2	sentences	sentence	NOUN
bpbj-155	52	3	in	in	ADP
bpbj-155	52	4	the	the	DET
bpbj-155	52	5	60	60	NUM
bpbj-155	52	6	non	non	ADJ
bpbj-155	52	7	-	-	ADJ
bpbj-155	52	8	financial	financial	ADJ
bpbj-155	52	9	reports	report	NOUN
bpbj-155	52	10	were	be	AUX
bpbj-155	52	11	used	use	VERB
bpbj-155	52	12	as	as	ADP
bpbj-155	52	13	the	the	DET
bpbj-155	52	14	dataset	dataset	NOUN
bpbj-155	52	15	for	for	ADP
bpbj-155	52	16	analysis	analysis	NOUN
bpbj-155	52	17	.	.	PUNCT
bpbj-155	53	1	this	this	DET
bpbj-155	53	2	study	study	NOUN
bpbj-155	53	3	defines	define	VERB
bpbj-155	53	4	the	the	DET
bpbj-155	53	5	environmental	environmental	ADJ
bpbj-155	53	6	information	information	NOUN
bpbj-155	53	7	of	of	ADP
bpbj-155	53	8	the	the	DET
bpbj-155	53	9	six	six	NUM
bpbj-155	53	10	firms	firm	NOUN
bpbj-155	53	11	based	base	VERB
bpbj-155	53	12	on	on	ADP
bpbj-155	53	13	the	the	DET
bpbj-155	53	14	gri	gri	PROPN
bpbj-155	53	15	standards	standard	NOUN
bpbj-155	53	16	provided	provide	VERB
bpbj-155	53	17	by	by	ADP
bpbj-155	53	18	the	the	DET
bpbj-155	53	19	global	global	ADJ
bpbj-155	53	20	reporting	reporting	NOUN
bpbj-155	53	21	initiative	initiative	NOUN
bpbj-155	53	22	,	,	PUNCT
bpbj-155	53	23	an	an	DET
bpbj-155	53	24	independent	independent	ADJ
bpbj-155	53	25	international	international	ADJ
bpbj-155	53	26	organization	organization	NOUN
bpbj-155	53	27	that	that	PRON
bpbj-155	53	28	helps	help	VERB
bpbj-155	53	29	businesses	business	NOUN
bpbj-155	53	30	and	and	CCONJ
bpbj-155	53	31	other	other	ADJ
bpbj-155	53	32	organizations	organization	NOUN
bpbj-155	53	33	take	take	VERB
bpbj-155	53	34	responsibility	responsibility	NOUN
bpbj-155	53	35	for	for	ADP
bpbj-155	53	36	their	their	PRON
bpbj-155	53	37	impacts	impact	NOUN
bpbj-155	53	38	(	(	PUNCT
bpbj-155	53	39	global	global	ADJ
bpbj-155	53	40	reporting	reporting	NOUN
bpbj-155	53	41	initiative	initiative	NOUN
bpbj-155	53	42	2021	2021	NUM
bpbj-155	53	43	)	)	PUNCT
bpbj-155	53	44	.	.	PUNCT
bpbj-155	54	1	as	as	ADV
bpbj-155	54	2	all	all	DET
bpbj-155	54	3	the	the	DET
bpbj-155	54	4	surveyed	survey	VERB
bpbj-155	54	5	reports	report	NOUN
bpbj-155	54	6	were	be	AUX
bpbj-155	54	7	written	write	VERB
bpbj-155	54	8	in	in	ADP
bpbj-155	54	9	japanese	japanese	PROPN
bpbj-155	54	10	,	,	PUNCT
bpbj-155	54	11	the	the	DET
bpbj-155	54	12	official	official	ADJ
bpbj-155	54	13	japanese	japanese	ADJ
bpbj-155	54	14	translation	translation	NOUN
bpbj-155	54	15	of	of	ADP
bpbj-155	54	16	the	the	DET
bpbj-155	54	17	gri	gri	PROPN
bpbj-155	54	18	standards	standard	NOUN
bpbj-155	54	19	was	be	AUX
bpbj-155	54	20	employed	employ	VERB
bpbj-155	54	21	.	.	PUNCT
bpbj-155	55	1	this	this	DET
bpbj-155	55	2	study	study	NOUN
bpbj-155	55	3	utilized	utilize	VERB
bpbj-155	55	4	gri	gri	PROPN
bpbj-155	55	5	301	301	NUM
bpbj-155	55	6	on	on	ADP
bpbj-155	55	7	“	"	PUNCT
bpbj-155	55	8	materials	material	NOUN
bpbj-155	55	9	”	"	PUNCT
bpbj-155	55	10	published	publish	VERB
bpbj-155	55	11	in	in	ADP
bpbj-155	55	12	2016	2016	NUM
bpbj-155	55	13	(	(	PUNCT
bpbj-155	55	14	global	global	ADJ
bpbj-155	55	15	reporting	reporting	NOUN
bpbj-155	55	16	initiative	initiative	NOUN
bpbj-155	55	17	2016	2016	NUM
bpbj-155	55	18	)	)	PUNCT
bpbj-155	55	19	,	,	PUNCT
bpbj-155	55	20	gri	gri	PROPN
bpbj-155	55	21	302	302	NUM
bpbj-155	55	22	on	on	ADP
bpbj-155	55	23	“	"	PUNCT
bpbj-155	55	24	energy	energy	NOUN
bpbj-155	55	25	”	"	PUNCT
bpbj-155	55	26	published	publish	VERB
bpbj-155	55	27	in	in	ADP
bpbj-155	55	28	2016	2016	NUM
bpbj-155	55	29	(	(	PUNCT
bpbj-155	55	30	global	global	ADJ
bpbj-155	55	31	reporting	reporting	NOUN
bpbj-155	55	32	initiative	initiative	NOUN
bpbj-155	55	33	2016	2016	NUM
bpbj-155	55	34	)	)	PUNCT
bpbj-155	55	35	,	,	PUNCT
bpbj-155	55	36	gri	gri	NOUN
bpbj-155	55	37	303	303	NUM
bpbj-155	55	38	on	on	ADP
bpbj-155	55	39	“	"	PUNCT
bpbj-155	55	40	water	water	NOUN
bpbj-155	55	41	and	and	CCONJ
bpbj-155	55	42	effluents	effluent	NOUN
bpbj-155	55	43	”	"	PUNCT
bpbj-155	55	44	published	publish	VERB
bpbj-155	55	45	in	in	ADP
bpbj-155	55	46	2018	2018	NUM
bpbj-155	55	47	(	(	PUNCT
bpbj-155	55	48	global	global	ADJ
bpbj-155	55	49	reporting	reporting	NOUN
bpbj-155	55	50	initiative	initiative	NOUN
bpbj-155	55	51	2018	2018	NUM
bpbj-155	55	52	)	)	PUNCT
bpbj-155	55	53	,	,	PUNCT
bpbj-155	55	54	gri	gri	PROPN
bpbj-155	55	55	304	304	NUM
bpbj-155	55	56	on	on	ADP
bpbj-155	55	57	“	"	PUNCT
bpbj-155	55	58	biodiversity	biodiversity	NOUN
bpbj-155	55	59	”	"	PUNCT
bpbj-155	55	60	published	publish	VERB
bpbj-155	55	61	in	in	ADP
bpbj-155	55	62	2016	2016	NUM
bpbj-155	55	63	(	(	PUNCT
bpbj-155	55	64	global	global	ADJ
bpbj-155	55	65	reporting	reporting	NOUN
bpbj-155	55	66	initiative	initiative	NOUN
bpbj-155	55	67	2016	2016	NUM
bpbj-155	55	68	)	)	PUNCT
bpbj-155	55	69	,	,	PUNCT
bpbj-155	55	70	and	and	CCONJ
bpbj-155	55	71	gri	gri	NOUN
bpbj-155	55	72	305	305	NUM
bpbj-155	55	73	on	on	ADP
bpbj-155	55	74	“	"	PUNCT
bpbj-155	55	75	emissions	emission	NOUN
bpbj-155	55	76	”	"	PUNCT
bpbj-155	55	77	published	publish	VERB
bpbj-155	55	78	in	in	ADP
bpbj-155	55	79	2016	2016	NUM
bpbj-155	55	80	(	(	PUNCT
bpbj-155	55	81	global	global	ADJ
bpbj-155	55	82	reporting	reporting	NOUN
bpbj-155	55	83	initiative	initiative	NOUN
bpbj-155	55	84	2016	2016	NUM
bpbj-155	55	85	)	)	PUNCT
bpbj-155	55	86	as	as	ADP
bpbj-155	55	87	the	the	DET
bpbj-155	55	88	standards	standard	NOUN
bpbj-155	55	89	concerning	concern	VERB
bpbj-155	55	90	environmental	environmental	ADJ
bpbj-155	55	91	issues	issue	NOUN
bpbj-155	55	92	.	.	PUNCT
bpbj-155	56	1	table	table	NOUN
bpbj-155	56	2	1	1	NUM
bpbj-155	56	3	presents	present	VERB
bpbj-155	56	4	the	the	DET
bpbj-155	56	5	coding	code	VERB
bpbj-155	56	6	rules	rule	NOUN
bpbj-155	56	7	developed	develop	VERB
bpbj-155	56	8	for	for	ADP
bpbj-155	56	9	the	the	DET
bpbj-155	56	10	kh	kh	PROPN
bpbj-155	56	11	coder	coder	PROPN
bpbj-155	56	12	analysis	analysis	NOUN
bpbj-155	56	13	,	,	PUNCT
bpbj-155	56	14	highlighting	highlight	VERB
bpbj-155	56	15	keywords	keyword	NOUN
bpbj-155	56	16	concerning	concern	VERB
bpbj-155	56	17	environmental	environmental	ADJ
bpbj-155	56	18	issues	issue	NOUN
bpbj-155	56	19	based	base	VERB
bpbj-155	56	20	on	on	ADP
bpbj-155	56	21	the	the	DET
bpbj-155	56	22	five	five	NUM
bpbj-155	56	23	gri	gri	PROPN
bpbj-155	56	24	standards	standard	NOUN
bpbj-155	56	25	.	.	PUNCT
bpbj-155	57	1	sentences	sentence	NOUN
bpbj-155	57	2	that	that	PRON
bpbj-155	57	3	included	include	VERB
bpbj-155	57	4	more	more	ADJ
bpbj-155	57	5	than	than	ADP
bpbj-155	57	6	one	one	NUM
bpbj-155	57	7	keyword	keyword	NOUN
bpbj-155	57	8	selected	select	VERB
bpbj-155	57	9	according	accord	VERB
bpbj-155	57	10	to	to	ADP
bpbj-155	57	11	the	the	DET
bpbj-155	57	12	coding	code	VERB
bpbj-155	57	13	rules	rule	NOUN
bpbj-155	57	14	were	be	AUX
bpbj-155	57	15	counted	count	VERB
bpbj-155	57	16	and	and	CCONJ
bpbj-155	57	17	divided	divide	VERB
bpbj-155	57	18	by	by	ADP
bpbj-155	57	19	the	the	DET
bpbj-155	57	20	total	total	ADJ
bpbj-155	57	21	number	number	NOUN
bpbj-155	57	22	of	of	ADP
bpbj-155	57	23	sentences	sentence	NOUN
bpbj-155	57	24	in	in	ADP
bpbj-155	57	25	each	each	DET
bpbj-155	57	26	report	report	NOUN
bpbj-155	57	27	.	.	PUNCT
bpbj-155	58	1	this	this	DET
bpbj-155	58	2	ratio	ratio	NOUN
bpbj-155	58	3	is	be	AUX
bpbj-155	58	4	called	call	VERB
bpbj-155	58	5	the	the	DET
bpbj-155	58	6	appearance	appearance	NOUN
bpbj-155	58	7	rate	rate	NOUN
bpbj-155	58	8	of	of	ADP
bpbj-155	58	9	environmental	environmental	ADJ
bpbj-155	58	10	information	information	NOUN
bpbj-155	58	11	.	.	PUNCT
bpbj-155	59	1	this	this	PRON
bpbj-155	59	2	shows	show	VERB
bpbj-155	59	3	the	the	DET
bpbj-155	59	4	target	target	NOUN
bpbj-155	59	5	firms	firm	NOUN
bpbj-155	59	6	’	'	PUNCT
bpbj-155	59	7	tendency	tendency	NOUN
bpbj-155	59	8	to	to	PART
bpbj-155	59	9	disclose	disclose	VERB
bpbj-155	59	10	environmental	environmental	ADJ
bpbj-155	59	11	information	information	NOUN
bpbj-155	59	12	.	.	PUNCT
bpbj-155	60	1	to	to	PART
bpbj-155	60	2	measure	measure	VERB
bpbj-155	60	3	the	the	DET
bpbj-155	60	4	impact	impact	NOUN
bpbj-155	60	5	of	of	ADP
bpbj-155	60	6	the	the	DET
bpbj-155	60	7	appearance	appearance	NOUN
bpbj-155	60	8	rate	rate	NOUN
bpbj-155	60	9	on	on	ADP
bpbj-155	60	10	corporate	corporate	ADJ
bpbj-155	60	11	value	value	NOUN
bpbj-155	60	12	,	,	PUNCT
bpbj-155	60	13	the	the	DET
bpbj-155	60	14	following	follow	VERB
bpbj-155	60	15	multiple	multiple	ADJ
bpbj-155	60	16	regression	regression	NOUN
bpbj-155	60	17	model	model	NOUN
bpbj-155	60	18	was	be	AUX
bpbj-155	60	19	employed	employ	VERB
bpbj-155	60	20	:	:	PUNCT
bpbj-155	60	21	cvij	cvij	NOUN
bpbj-155	61	1	=	=	SYM
bpbj-155	61	2	β0	β0	PROPN
bpbj-155	62	1	+	+	CCONJ
bpbj-155	62	2	β1grikj	β1grikj	PRON
bpbj-155	63	1	+	+	CCONJ
bpbj-155	63	2	β2cj	β2cj	PUNCT
bpbj-155	64	1	+	+	CCONJ
bpbj-155	64	2	β3yearj	β3yearj	ADJ
bpbj-155	64	3	+	+	CCONJ
bpbj-155	64	4	ε	ε	PROPN
bpbj-155	64	5	where	where	SCONJ
bpbj-155	64	6	cv	cv	PROPN
bpbj-155	64	7	represents	represent	VERB
bpbj-155	64	8	corporate	corporate	ADJ
bpbj-155	64	9	value	value	NOUN
bpbj-155	64	10	derived	derive	VERB
bpbj-155	64	11	from	from	ADP
bpbj-155	64	12	financial	financial	ADJ
bpbj-155	64	13	reports	report	NOUN
bpbj-155	64	14	;	;	PUNCT
bpbj-155	64	15	gri	gri	PROPN
bpbj-155	64	16	means	mean	VERB
bpbj-155	64	17	the	the	DET
bpbj-155	64	18	appearance	appearance	NOUN
bpbj-155	64	19	rate	rate	NOUN
bpbj-155	64	20	of	of	ADP
bpbj-155	64	21	environmental	environmental	ADJ
bpbj-155	64	22	information	information	NOUN
bpbj-155	64	23	(	(	PUNCT
bpbj-155	64	24	hereafter	hereafter	ADV
bpbj-155	64	25	the	the	DET
bpbj-155	64	26	gri	gri	PROPN
bpbj-155	64	27	rate	rate	NOUN
bpbj-155	64	28	)	)	PUNCT
bpbj-155	64	29	;	;	PUNCT
bpbj-155	64	30	c	c	PROPN
bpbj-155	64	31	indicates	indicate	VERB
bpbj-155	64	32	corporate	corporate	ADJ
bpbj-155	64	33	dummy	dummy	ADJ
bpbj-155	64	34	variable	variable	NOUN
bpbj-155	64	35	;	;	PUNCT
bpbj-155	64	36	year	year	NOUN
bpbj-155	64	37	indicates	indicate	VERB
bpbj-155	64	38	year	year	NOUN
bpbj-155	64	39	dummy	dummy	ADJ
bpbj-155	64	40	variable	variable	NOUN
bpbj-155	64	41	;	;	PUNCT
bpbj-155	64	42	ε	ε	PROPN
bpbj-155	64	43	represents	represent	VERB
bpbj-155	64	44	the	the	DET
bpbj-155	64	45	error	error	NOUN
bpbj-155	64	46	term	term	NOUN
bpbj-155	64	47	;	;	PUNCT
bpbj-155	64	48	β0,1,2,3	β0,1,2,3	ADJ
bpbj-155	64	49	denote	denote	NOUN
bpbj-155	64	50	coefficients	coefficient	NOUN
bpbj-155	64	51	;	;	PUNCT
bpbj-155	64	52	k	k	PROPN
bpbj-155	64	53	denotes	denote	VERB
bpbj-155	64	54	the	the	DET
bpbj-155	64	55	publication	publication	NOUN
bpbj-155	64	56	,	,	PUNCT
bpbj-155	64	57	which	which	PRON
bpbj-155	64	58	varies	vary	VERB
bpbj-155	64	59	from	from	ADP
bpbj-155	64	60	1	1	NUM
bpbj-155	64	61	to	to	ADP
bpbj-155	64	62	10	10	NUM
bpbj-155	64	63	;	;	PUNCT
bpbj-155	64	64	j	j	PROPN
bpbj-155	64	65	represents	represent	VERB
bpbj-155	64	66	individual	individual	ADJ
bpbj-155	64	67	firms	firm	NOUN
bpbj-155	64	68	that	that	PRON
bpbj-155	64	69	vary	vary	VERB
bpbj-155	64	70	from	from	ADP
bpbj-155	64	71	1	1	NUM
bpbj-155	64	72	to	to	ADP
bpbj-155	64	73	6	6	NUM
bpbj-155	64	74	;	;	PUNCT
bpbj-155	64	75	and	and	CCONJ
bpbj-155	64	76	i	i	PRON
bpbj-155	64	77	indicates	indicate	VERB
bpbj-155	64	78	temporal	temporal	ADJ
bpbj-155	64	79	variables	variable	NOUN
bpbj-155	64	80	(	(	PUNCT
bpbj-155	64	81	k	k	X
bpbj-155	64	82	,	,	PUNCT
bpbj-155	64	83	k+1	k+1	X
bpbj-155	64	84	,	,	PUNCT
bpbj-155	64	85	k+2	k+2	NOUN
bpbj-155	64	86	)	)	PUNCT
bpbj-155	64	87	examining	examine	VERB
bpbj-155	64	88	the	the	DET
bpbj-155	64	89	cv	cv	PROPN
bpbj-155	64	90	-	-	PUNCT
bpbj-155	64	91	gri	gri	PROPN
bpbj-155	64	92	time	time	PROPN
bpbj-155	64	93	lag	lag	PROPN
bpbj-155	64	94	.	.	PUNCT
bpbj-155	65	1	when	when	SCONJ
bpbj-155	65	2	i	i	PRON
bpbj-155	65	3	was	be	AUX
bpbj-155	65	4	equal	equal	ADJ
bpbj-155	65	5	to	to	ADP
bpbj-155	65	6	k	k	NOUN
bpbj-155	65	7	,	,	PUNCT
bpbj-155	65	8	we	we	PRON
bpbj-155	65	9	considered	consider	VERB
bpbj-155	65	10	that	that	SCONJ
bpbj-155	65	11	the	the	DET
bpbj-155	65	12	gri	gri	PROPN
bpbj-155	65	13	would	would	AUX
bpbj-155	65	14	give	give	VERB
bpbj-155	65	15	positive	positive	ADJ
bpbj-155	65	16	or	or	CCONJ
bpbj-155	65	17	negative	negative	ADJ
bpbj-155	65	18	impact	impact	NOUN
bpbj-155	65	19	to	to	ADP
bpbj-155	65	20	the	the	DET
bpbj-155	65	21	cv	cv	PROPN
bpbj-155	65	22	in	in	ADP
bpbj-155	65	23	the	the	DET
bpbj-155	65	24	same	same	ADJ
bpbj-155	65	25	year	year	NOUN
bpbj-155	65	26	.	.	PUNCT
bpbj-155	66	1	similarly	similarly	ADV
bpbj-155	66	2	,	,	PUNCT
bpbj-155	66	3	k+1	k+1	PRON
bpbj-155	66	4	considered	consider	VERB
bpbj-155	66	5	that	that	SCONJ
bpbj-155	66	6	the	the	DET
bpbj-155	66	7	gri	gri	PROPN
bpbj-155	66	8	would	would	AUX
bpbj-155	66	9	give	give	VERB
bpbj-155	66	10	positive	positive	ADJ
bpbj-155	66	11	or	or	CCONJ
bpbj-155	66	12	negative	negative	ADJ
bpbj-155	66	13	impact	impact	NOUN
bpbj-155	66	14	to	to	ADP
bpbj-155	66	15	cv	cv	PROPN
bpbj-155	66	16	after	after	ADP
bpbj-155	66	17	one	one	NUM
bpbj-155	66	18	year	year	NOUN
bpbj-155	66	19	,	,	PUNCT
bpbj-155	66	20	and	and	CCONJ
bpbj-155	66	21	k+2	k+2	PROPN
bpbj-155	66	22	would	would	AUX
bpbj-155	66	23	do	do	VERB
bpbj-155	66	24	so	so	ADV
bpbj-155	66	25	after	after	ADP
bpbj-155	66	26	two	two	NUM
bpbj-155	66	27	years	year	NOUN
bpbj-155	66	28	.	.	PUNCT
bpbj-155	67	1	three	three	NUM
bpbj-155	67	2	different	different	ADJ
bpbj-155	67	3	types	type	NOUN
bpbj-155	67	4	of	of	ADP
bpbj-155	67	5	corporate	corporate	ADJ
bpbj-155	67	6	values	value	NOUN
bpbj-155	67	7	(	(	PUNCT
bpbj-155	67	8	cvs	cvs	PROPN
bpbj-155	67	9	)	)	PUNCT
bpbj-155	67	10	were	be	AUX
bpbj-155	67	11	established	establish	VERB
bpbj-155	67	12	in	in	ADP
bpbj-155	67	13	this	this	DET
bpbj-155	67	14	study	study	NOUN
bpbj-155	67	15	for	for	ADP
bpbj-155	67	16	the	the	DET
bpbj-155	67	17	explained	explain	VERB
bpbj-155	67	18	variables	variable	NOUN
bpbj-155	67	19	.	.	PUNCT
bpbj-155	68	1	first	first	ADV
bpbj-155	68	2	,	,	PUNCT
bpbj-155	68	3	return	return	VERB
bpbj-155	68	4	on	on	ADP
bpbj-155	68	5	equity	equity	NOUN
bpbj-155	68	6	(	(	PUNCT
bpbj-155	68	7	roe	roe	PROPN
bpbj-155	68	8	)	)	PUNCT
bpbj-155	68	9	,	,	PUNCT
bpbj-155	68	10	is	be	AUX
bpbj-155	68	11	calculated	calculate	VERB
bpbj-155	68	12	as	as	ADP
bpbj-155	68	13	operating	operate	VERB
bpbj-155	68	14	profit	profit	NOUN
bpbj-155	68	15	divided	divide	VERB
bpbj-155	68	16	by	by	ADP
bpbj-155	68	17	shareholder	shareholder	NOUN
bpbj-155	68	18	equity	equity	NOUN
bpbj-155	68	19	.	.	PUNCT
bpbj-155	69	1	operating	operate	VERB
bpbj-155	69	2	profit	profit	NOUN
bpbj-155	69	3	was	be	AUX
bpbj-155	69	4	selected	select	VERB
bpbj-155	69	5	as	as	ADP
bpbj-155	69	6	the	the	DET
bpbj-155	69	7	numerator	numerator	NOUN
bpbj-155	69	8	because	because	SCONJ
bpbj-155	69	9	it	it	PRON
bpbj-155	69	10	reflects	reflect	VERB
bpbj-155	69	11	the	the	DET
bpbj-155	69	12	firm	firm	NOUN
bpbj-155	69	13	’s	’s	PART
bpbj-155	69	14	regular	regular	ADJ
bpbj-155	69	15	annual	annual	ADJ
bpbj-155	69	16	earnings	earning	NOUN
bpbj-155	69	17	capability	capability	NOUN
bpbj-155	69	18	,	,	PUNCT
bpbj-155	69	19	which	which	PRON
bpbj-155	69	20	is	be	AUX
bpbj-155	69	21	the	the	DET
bpbj-155	69	22	basis	basis	NOUN
bpbj-155	69	23	of	of	ADP
bpbj-155	69	24	long	long	ADJ
bpbj-155	69	25	-	-	PUNCT
bpbj-155	69	26	term	term	NOUN
bpbj-155	69	27	corporate	corporate	ADJ
bpbj-155	69	28	value	value	NOUN
bpbj-155	69	29	,	,	PUNCT
bpbj-155	69	30	compared	compare	VERB
bpbj-155	69	31	to	to	ADP
bpbj-155	69	32	ordinary	ordinary	ADJ
bpbj-155	69	33	profit	profit	NOUN
bpbj-155	69	34	and	and	CCONJ
bpbj-155	69	35	bottom	bottom	ADJ
bpbj-155	69	36	-	-	PUNCT
bpbj-155	69	37	line	line	NOUN
bpbj-155	69	38	profit	profit	NOUN
bpbj-155	69	39	.	.	PUNCT
bpbj-155	70	1	additionally	additionally	ADV
bpbj-155	70	2	,	,	PUNCT
bpbj-155	70	3	this	this	DET
bpbj-155	70	4	study	study	NOUN
bpbj-155	70	5	also	also	ADV
bpbj-155	70	6	defines	define	VERB
bpbj-155	70	7	esgroer	esgroer	NOUN
bpbj-155	70	8	,	,	PUNCT
bpbj-155	70	9	esgroeh	esgroeh	NOUN
bpbj-155	70	10	,	,	PUNCT
bpbj-155	70	11	and	and	CCONJ
bpbj-155	70	12	esgroerh	esgroerh	VERB
bpbj-155	70	13	as	as	ADP
bpbj-155	70	14	the	the	DET
bpbj-155	70	15	explained	explain	VERB
bpbj-155	70	16	variables	variable	NOUN
bpbj-155	70	17	.	.	PUNCT
bpbj-155	71	1	to	to	PART
bpbj-155	71	2	calculate	calculate	VERB
bpbj-155	71	3	esgroer	esgroer	NOUN
bpbj-155	71	4	,	,	PUNCT
bpbj-155	71	5	we	we	PRON
bpbj-155	71	6	divide	divide	VERB
bpbj-155	71	7	operating	operating	NOUN
bpbj-155	71	8	profits	profit	NOUN
bpbj-155	71	9	and	and	CCONJ
bpbj-155	71	10	investments	investment	NOUN
bpbj-155	71	11	(	(	PUNCT
bpbj-155	71	12	r&d	r&d	NOUN
bpbj-155	71	13	)	)	PUNCT
bpbj-155	71	14	by	by	ADP
bpbj-155	71	15	shareholder	shareholder	NOUN
bpbj-155	71	16	equity	equity	PROPN
bpbj-155	71	17	.	.	PUNCT
bpbj-155	72	1	similarly	similarly	ADV
bpbj-155	72	2	,	,	PUNCT
bpbj-155	72	3	esgroeh	esgroeh	NOUN
bpbj-155	72	4	is	be	AUX
bpbj-155	72	5	calculated	calculate	VERB
bpbj-155	72	6	as	as	ADP
bpbj-155	72	7	operating	operate	VERB
bpbj-155	72	8	profits	profit	NOUN
bpbj-155	72	9	plus	plus	CCONJ
bpbj-155	72	10	labor	labor	NOUN
bpbj-155	72	11	costs	cost	NOUN
bpbj-155	72	12	divided	divide	VERB
bpbj-155	72	13	by	by	ADP
bpbj-155	72	14	shareholder	shareholder	NOUN
bpbj-155	72	15	equity	equity	NOUN
bpbj-155	72	16	.	.	PUNCT
bpbj-155	73	1	for	for	ADP
bpbj-155	73	2	esgroerh	esgroerh	ADJ
bpbj-155	73	3	,	,	PUNCT
bpbj-155	73	4	the	the	DET
bpbj-155	73	5	numerator	numerator	NOUN
bpbj-155	73	6	includes	include	VERB
bpbj-155	73	7	operating	operating	NOUN
bpbj-155	73	8	profit	profit	NOUN
bpbj-155	73	9	,	,	PUNCT
bpbj-155	73	10	labor	labor	NOUN
bpbj-155	73	11	costs	cost	NOUN
bpbj-155	73	12	,	,	PUNCT
bpbj-155	73	13	and	and	CCONJ
bpbj-155	73	14	r&d	r&d	NOUN
bpbj-155	73	15	investment	investment	NOUN
bpbj-155	73	16	divided	divide	VERB
bpbj-155	73	17	by	by	ADP
bpbj-155	73	18	shareholder	shareholder	NOUN
bpbj-155	73	19	equity	equity	NOUN
bpbj-155	73	20	.	.	PUNCT
bpbj-155	74	1	these	these	DET
bpbj-155	74	2	definitions	definition	NOUN
bpbj-155	74	3	are	be	AUX
bpbj-155	74	4	based	base	VERB
bpbj-155	74	5	on	on	ADP
bpbj-155	74	6	the	the	DET
bpbj-155	74	7	esg	esg	PROPN
bpbj-155	74	8	ebit	ebit	PROPN
bpbj-155	74	9	concept	concept	NOUN
bpbj-155	74	10	developed	develop	VERB
bpbj-155	74	11	by	by	ADP
bpbj-155	74	12	eisai	eisai	PROPN
bpbj-155	74	13	co.	co.	PROPN
bpbj-155	74	14	,	,	PUNCT
bpbj-155	74	15	ltd	ltd	PROPN
bpbj-155	74	16	.	.	PROPN
bpbj-155	74	17	and	and	CCONJ
bpbj-155	74	18	abeam	abeam	PROPN
bpbj-155	74	19	consulting	consulting	PROPN
bpbj-155	74	20	ltd	ltd	PROPN
bpbj-155	74	21	.	.	PUNCT
bpbj-155	75	1	(	(	PUNCT
bpbj-155	75	2	eisai	eisai	NOUN
bpbj-155	75	3	2020	2020	NUM
bpbj-155	75	4	)	)	PUNCT
bpbj-155	75	5	.	.	PUNCT
bpbj-155	76	1	regarding	regard	VERB
bpbj-155	76	2	these	these	DET
bpbj-155	76	3	explained	explain	VERB
bpbj-155	76	4	variables	variable	NOUN
bpbj-155	76	5	,	,	PUNCT
bpbj-155	76	6	this	this	DET
bpbj-155	76	7	study	study	NOUN
bpbj-155	76	8	considers	consider	VERB
bpbj-155	76	9	r&d	r&d	NOUN
bpbj-155	76	10	and	and	CCONJ
bpbj-155	76	11	human	human	ADJ
bpbj-155	76	12	capital	capital	NOUN
bpbj-155	76	13	investment	investment	NOUN
bpbj-155	76	14	as	as	ADP
bpbj-155	76	15	critical	critical	ADJ
bpbj-155	76	16	sources	source	NOUN
bpbj-155	76	17	of	of	ADP
bpbj-155	76	18	future	future	ADJ
bpbj-155	76	19	profits	profit	NOUN
bpbj-155	76	20	for	for	ADP
bpbj-155	76	21	firms	firm	NOUN
bpbj-155	76	22	and	and	CCONJ
bpbj-155	76	23	society	society	NOUN
bpbj-155	76	24	.	.	PUNCT
bpbj-155	77	1	additionally	additionally	ADV
bpbj-155	77	2	,	,	PUNCT
bpbj-155	77	3	this	this	DET
bpbj-155	77	4	study	study	NOUN
bpbj-155	77	5	specifies	specify	VERB
bpbj-155	77	6	whether	whether	SCONJ
bpbj-155	77	7	there	there	PRON
bpbj-155	77	8	is	be	VERB
bpbj-155	77	9	a	a	DET
bpbj-155	77	10	time	time	NOUN
bpbj-155	77	11	lag	lag	NOUN
bpbj-155	77	12	between	between	ADP
bpbj-155	77	13	the	the	DET
bpbj-155	77	14	published	publish	VERB
bpbj-155	77	15	year	year	NOUN
bpbj-155	77	16	of	of	ADP
bpbj-155	77	17	nonfinancial	nonfinancial	ADJ
bpbj-155	77	18	reports	report	NOUN
bpbj-155	77	19	and	and	CCONJ
bpbj-155	77	20	the	the	DET
bpbj-155	77	21	trend	trend	NOUN
bpbj-155	77	22	of	of	ADP
bpbj-155	77	23	corporate	corporate	ADJ
bpbj-155	77	24	values	value	NOUN
bpbj-155	77	25	by	by	ADP
bpbj-155	77	26	introducing	introduce	VERB
bpbj-155	77	27	i	i	PRON
bpbj-155	77	28	,	,	PUNCT
bpbj-155	77	29	which	which	PRON
bpbj-155	77	30	indicates	indicate	VERB
bpbj-155	77	31	the	the	DET
bpbj-155	77	32	simultaneous	simultaneous	ADJ
bpbj-155	77	33	nagasaka	nagasaka	NOUN
bpbj-155	77	34	and	and	CCONJ
bpbj-155	77	35	inoue	inoue	NOUN
bpbj-155	77	36	—	—	PUNCT
bpbj-155	77	37	information	information	NOUN
bpbj-155	77	38	disclosure	disclosure	NOUN
bpbj-155	77	39	on	on	ADP
bpbj-155	77	40	environmental	environmental	ADJ
bpbj-155	77	41	activities	activity	NOUN
bpbj-155	77	42	and	and	CCONJ
bpbj-155	77	43	corporate	corporate	ADJ
bpbj-155	77	44	values	value	NOUN
bpbj-155	77	45	of	of	ADP
bpbj-155	77	46	pulp	pulp	NOUN
bpbj-155	77	47	and	and	CCONJ
bpbj-155	77	48	paper	paper	NOUN
bpbj-155	77	49	firms	firm	NOUN
bpbj-155	77	50	in	in	ADP
bpbj-155	77	51	japan	japan	PROPN
bpbj-155	77	52	23	23	NUM
bpbj-155	77	53	effects	effect	NOUN
bpbj-155	77	54	of	of	ADP
bpbj-155	77	55	information	information	NOUN
bpbj-155	77	56	disclosure	disclosure	NOUN
bpbj-155	77	57	on	on	ADP
bpbj-155	77	58	corporate	corporate	ADJ
bpbj-155	77	59	value	value	NOUN
bpbj-155	77	60	,	,	PUNCT
bpbj-155	77	61	a	a	DET
bpbj-155	77	62	one	one	NUM
bpbj-155	77	63	-	-	PUNCT
bpbj-155	77	64	year	year	NOUN
bpbj-155	77	65	time	time	NOUN
bpbj-155	77	66	lag	lag	NOUN
bpbj-155	77	67	,	,	PUNCT
bpbj-155	77	68	and	and	CCONJ
bpbj-155	77	69	a	a	DET
bpbj-155	77	70	two	two	NUM
bpbj-155	77	71	-	-	PUNCT
bpbj-155	77	72	year	year	NOUN
bpbj-155	77	73	time	time	NOUN
bpbj-155	77	74	lag	lag	NOUN
bpbj-155	77	75	.	.	PUNCT
bpbj-155	78	1	4	4	X
bpbj-155	78	2	.	.	NOUN
bpbj-155	78	3	results	result	NOUN
bpbj-155	78	4	and	and	CCONJ
bpbj-155	78	5	discussion	discussion	VERB
bpbj-155	78	6	the	the	DET
bpbj-155	78	7	dataset	dataset	NOUN
bpbj-155	78	8	,	,	PUNCT
bpbj-155	78	9	based	base	VERB
bpbj-155	78	10	on	on	ADP
bpbj-155	78	11	60	60	NUM
bpbj-155	78	12	non	non	ADJ
bpbj-155	78	13	-	-	ADJ
bpbj-155	78	14	financial	financial	ADJ
bpbj-155	78	15	reports	report	NOUN
bpbj-155	78	16	of	of	ADP
bpbj-155	78	17	the	the	DET
bpbj-155	78	18	six	six	NUM
bpbj-155	78	19	firms	firm	NOUN
bpbj-155	78	20	,	,	PUNCT
bpbj-155	78	21	was	be	AUX
bpbj-155	78	22	divided	divide	VERB
bpbj-155	78	23	into	into	ADP
bpbj-155	78	24	55,110	55,110	NUM
bpbj-155	78	25	sentences	sentence	NOUN
bpbj-155	78	26	.	.	PUNCT
bpbj-155	79	1	this	this	DET
bpbj-155	79	2	study	study	NOUN
bpbj-155	79	3	clarified	clarify	VERB
bpbj-155	79	4	2,314	2,314	NUM
bpbj-155	79	5	sentences	sentence	NOUN
bpbj-155	79	6	that	that	PRON
bpbj-155	79	7	included	include	VERB
bpbj-155	79	8	more	more	ADJ
bpbj-155	79	9	than	than	ADP
bpbj-155	79	10	one	one	NUM
bpbj-155	79	11	keyword	keyword	NOUN
bpbj-155	79	12	for	for	ADP
bpbj-155	79	13	the	the	DET
bpbj-155	79	14	defined	define	VERB
bpbj-155	79	15	environmental	environmental	ADJ
bpbj-155	79	16	information	information	NOUN
bpbj-155	79	17	.	.	PUNCT
bpbj-155	80	1	the	the	DET
bpbj-155	80	2	total	total	ADJ
bpbj-155	80	3	number	number	NOUN
bpbj-155	80	4	of	of	ADP
bpbj-155	80	5	sentences	sentence	NOUN
bpbj-155	80	6	concerning	concern	VERB
bpbj-155	80	7	“	"	PUNCT
bpbj-155	80	8	materials	material	NOUN
bpbj-155	80	9	(	(	PUNCT
bpbj-155	80	10	gri301	gri301	PROPN
bpbj-155	80	11	)	)	PUNCT
bpbj-155	80	12	”	"	PUNCT
bpbj-155	80	13	was	be	AUX
bpbj-155	80	14	961	961	NUM
bpbj-155	80	15	,	,	PUNCT
bpbj-155	80	16	“	"	PUNCT
bpbj-155	80	17	water	water	NOUN
bpbj-155	80	18	and	and	CCONJ
bpbj-155	80	19	effluents	effluent	NOUN
bpbj-155	80	20	(	(	PUNCT
bpbj-155	80	21	gri303	gri303	NOUN
bpbj-155	80	22	)	)	PUNCT
bpbj-155	80	23	”	"	PUNCT
bpbj-155	80	24	was	be	AUX
bpbj-155	80	25	407	407	NUM
bpbj-155	80	26	,	,	PUNCT
bpbj-155	80	27	“	"	PUNCT
bpbj-155	80	28	biodiversity	biodiversity	NOUN
bpbj-155	80	29	(	(	PUNCT
bpbj-155	80	30	gri304	gri304	PROPN
bpbj-155	80	31	)	)	PUNCT
bpbj-155	80	32	was	be	AUX
bpbj-155	80	33	803	803	NUM
bpbj-155	80	34	,	,	PUNCT
bpbj-155	80	35	and	and	CCONJ
bpbj-155	80	36	“	"	PUNCT
bpbj-155	80	37	emissions	emission	NOUN
bpbj-155	80	38	(	(	PUNCT
bpbj-155	80	39	gri305	gri305	NOUN
bpbj-155	80	40	)	)	PUNCT
bpbj-155	80	41	”	"	PUNCT
bpbj-155	80	42	was	be	AUX
bpbj-155	80	43	143	143	NUM
bpbj-155	80	44	.	.	PUNCT
bpbj-155	81	1	no	no	DET
bpbj-155	81	2	sentences	sentence	NOUN
bpbj-155	81	3	concerning	concern	VERB
bpbj-155	81	4	“	"	PUNCT
bpbj-155	81	5	energy	energy	NOUN
bpbj-155	81	6	(	(	PUNCT
bpbj-155	81	7	gri302	gri302	PROPN
bpbj-155	81	8	)	)	PUNCT
bpbj-155	81	9	”	"	PUNCT
bpbj-155	81	10	appeared	appear	VERB
bpbj-155	81	11	during	during	ADP
bpbj-155	81	12	the	the	DET
bpbj-155	81	13	period	period	NOUN
bpbj-155	81	14	.	.	PUNCT
bpbj-155	82	1	the	the	DET
bpbj-155	82	2	number	number	NOUN
bpbj-155	82	3	of	of	ADP
bpbj-155	82	4	sentences	sentence	NOUN
bpbj-155	82	5	concerning	concern	VERB
bpbj-155	82	6	“	"	PUNCT
bpbj-155	82	7	materials	material	NOUN
bpbj-155	82	8	”	"	PUNCT
bpbj-155	82	9	was	be	AUX
bpbj-155	82	10	the	the	DET
bpbj-155	82	11	highest	high	ADJ
bpbj-155	82	12	because	because	SCONJ
bpbj-155	82	13	pulp	pulp	NOUN
bpbj-155	82	14	and	and	CCONJ
bpbj-155	82	15	paper	paper	NOUN
bpbj-155	82	16	firms	firm	NOUN
bpbj-155	82	17	focused	focus	VERB
bpbj-155	82	18	on	on	ADP
bpbj-155	82	19	using	use	VERB
bpbj-155	82	20	recycled	recycled	ADJ
bpbj-155	82	21	paper	paper	NOUN
bpbj-155	82	22	for	for	ADP
bpbj-155	82	23	production	production	NOUN
bpbj-155	82	24	.	.	PUNCT
bpbj-155	83	1	japan	japan	PROPN
bpbj-155	83	2	paper	paper	PROPN
bpbj-155	83	3	association	association	PROPN
bpbj-155	83	4	,	,	PUNCT
bpbj-155	83	5	which	which	PRON
bpbj-155	83	6	is	be	AUX
bpbj-155	83	7	formed	form	VERB
bpbj-155	83	8	by	by	ADP
bpbj-155	83	9	major	major	ADJ
bpbj-155	83	10	pulp	pulp	NOUN
bpbj-155	83	11	and	and	CCONJ
bpbj-155	83	12	paper	paper	NOUN
bpbj-155	83	13	firms	firm	NOUN
bpbj-155	83	14	,	,	PUNCT
bpbj-155	83	15	including	include	VERB
bpbj-155	83	16	the	the	DET
bpbj-155	83	17	target	target	NOUN
bpbj-155	83	18	six	six	NUM
bpbj-155	83	19	firm	firm	NOUN
bpbj-155	83	20	,	,	PUNCT
bpbj-155	83	21	published	publish	VERB
bpbj-155	83	22	the	the	DET
bpbj-155	83	23	recovered	recovered	ADJ
bpbj-155	83	24	paper	paper	NOUN
bpbj-155	83	25	utilization	utilization	NOUN
bpbj-155	83	26	rate	rate	NOUN
bpbj-155	83	27	of	of	ADP
bpbj-155	83	28	66.8	66.8	NUM
bpbj-155	83	29	%	%	NOUN
bpbj-155	83	30	in	in	ADP
bpbj-155	83	31	2023	2023	NUM
bpbj-155	83	32	,	,	PUNCT
bpbj-155	83	33	which	which	PRON
bpbj-155	83	34	was	be	AUX
bpbj-155	83	35	one	one	NUM
bpbj-155	83	36	of	of	ADP
bpbj-155	83	37	the	the	DET
bpbj-155	83	38	highest	high	ADJ
bpbj-155	83	39	in	in	ADP
bpbj-155	83	40	the	the	DET
bpbj-155	83	41	world	world	NOUN
bpbj-155	83	42	(	(	PUNCT
bpbj-155	83	43	japan	japan	PROPN
bpbj-155	83	44	paper	paper	PROPN
bpbj-155	83	45	association	association	PROPN
bpbj-155	83	46	2024a	2024a	NUM
bpbj-155	83	47	)	)	PUNCT
bpbj-155	83	48	.	.	PUNCT
bpbj-155	84	1	this	this	DET
bpbj-155	84	2	statistical	statistical	ADJ
bpbj-155	84	3	data	datum	NOUN
bpbj-155	84	4	provides	provide	VERB
bpbj-155	84	5	the	the	DET
bpbj-155	84	6	background	background	NOUN
bpbj-155	84	7	for	for	SCONJ
bpbj-155	84	8	the	the	DET
bpbj-155	84	9	target	target	NOUN
bpbj-155	84	10	six	six	NUM
bpbj-155	84	11	pulp	pulp	NOUN
bpbj-155	84	12	and	and	CCONJ
bpbj-155	84	13	paper	paper	NOUN
bpbj-155	84	14	firms	firm	NOUN
bpbj-155	84	15	to	to	PART
bpbj-155	84	16	be	be	AUX
bpbj-155	84	17	particularly	particularly	ADV
bpbj-155	84	18	proactive	proactive	ADJ
bpbj-155	84	19	in	in	ADP
bpbj-155	84	20	disclosing	disclose	VERB
bpbj-155	84	21	information	information	NOUN
bpbj-155	84	22	about	about	ADP
bpbj-155	84	23	material	material	NOUN
bpbj-155	84	24	recycling	recycling	NOUN
bpbj-155	84	25	.	.	PUNCT
bpbj-155	85	1	the	the	DET
bpbj-155	85	2	number	number	NOUN
bpbj-155	85	3	of	of	ADP
bpbj-155	85	4	sentences	sentence	NOUN
bpbj-155	85	5	concerning	concern	VERB
bpbj-155	85	6	“	"	PUNCT
bpbj-155	85	7	biodiversity	biodiversity	NOUN
bpbj-155	85	8	”	"	PUNCT
bpbj-155	85	9	was	be	AUX
bpbj-155	85	10	also	also	ADV
bpbj-155	85	11	high	high	ADJ
bpbj-155	85	12	,	,	PUNCT
bpbj-155	85	13	because	because	SCONJ
bpbj-155	85	14	all	all	DET
bpbj-155	85	15	firms	firm	NOUN
bpbj-155	85	16	claimed	claim	VERB
bpbj-155	85	17	that	that	SCONJ
bpbj-155	85	18	they	they	PRON
bpbj-155	85	19	procured	procure	VERB
bpbj-155	85	20	wood	wood	NOUN
bpbj-155	85	21	chips	chip	NOUN
bpbj-155	85	22	from	from	ADP
bpbj-155	85	23	sustainably	sustainably	ADV
bpbj-155	85	24	managed	manage	VERB
bpbj-155	85	25	forests	forest	NOUN
bpbj-155	85	26	that	that	PRON
bpbj-155	85	27	were	be	AUX
bpbj-155	85	28	closely	closely	ADV
bpbj-155	85	29	related	relate	VERB
bpbj-155	85	30	to	to	ADP
bpbj-155	85	31	biodiversity	biodiversity	NOUN
bpbj-155	85	32	conservation	conservation	NOUN
bpbj-155	85	33	.	.	PUNCT
bpbj-155	86	1	additionally	additionally	ADV
bpbj-155	86	2	,	,	PUNCT
bpbj-155	86	3	oji	oji	PROPN
bpbj-155	86	4	and	and	CCONJ
bpbj-155	86	5	nippon	nippon	PROPN
bpbj-155	86	6	paper	paper	NOUN
bpbj-155	86	7	operated	operate	VERB
bpbj-155	86	8	large	large	ADJ
bpbj-155	86	9	areas	area	NOUN
bpbj-155	86	10	of	of	ADP
bpbj-155	86	11	forests	forest	NOUN
bpbj-155	86	12	themselves	themselves	PRON
bpbj-155	86	13	,	,	PUNCT
bpbj-155	86	14	and	and	CCONJ
bpbj-155	86	15	these	these	DET
bpbj-155	86	16	forests	forest	NOUN
bpbj-155	86	17	were	be	AUX
bpbj-155	86	18	certified	certify	VERB
bpbj-155	86	19	by	by	ADP
bpbj-155	86	20	the	the	DET
bpbj-155	86	21	forest	forest	NOUN
bpbj-155	86	22	stewardship	stewardship	NOUN
bpbj-155	86	23	council	council	PROPN
bpbj-155	86	24	(	(	PUNCT
bpbj-155	86	25	fsc	fsc	PROPN
bpbj-155	86	26	)	)	PUNCT
bpbj-155	86	27	or	or	CCONJ
bpbj-155	86	28	the	the	DET
bpbj-155	86	29	programme	programme	NOUN
bpbj-155	86	30	for	for	ADP
bpbj-155	86	31	the	the	DET
bpbj-155	86	32	endorsement	endorsement	NOUN
bpbj-155	86	33	of	of	ADP
bpbj-155	86	34	forest	forest	NOUN
bpbj-155	86	35	certification	certification	NOUN
bpbj-155	86	36	(	(	PUNCT
bpbj-155	86	37	pefc	pefc	PROPN
bpbj-155	86	38	)	)	PUNCT
bpbj-155	86	39	,	,	PUNCT
bpbj-155	86	40	which	which	PRON
bpbj-155	86	41	place	place	VERB
bpbj-155	86	42	great	great	ADJ
bpbj-155	86	43	importance	importance	NOUN
bpbj-155	86	44	on	on	ADP
bpbj-155	86	45	biodiversity	biodiversity	NOUN
bpbj-155	86	46	-	-	PUNCT
bpbj-155	86	47	related	relate	VERB
bpbj-155	86	48	issues	issue	NOUN
bpbj-155	86	49	.	.	PUNCT
bpbj-155	87	1	biodiversity	biodiversity	NOUN
bpbj-155	87	2	has	have	AUX
bpbj-155	87	3	been	be	AUX
bpbj-155	87	4	a	a	DET
bpbj-155	87	5	key	key	ADJ
bpbj-155	87	6	issue	issue	NOUN
bpbj-155	87	7	for	for	ADP
bpbj-155	87	8	sustainable	sustainable	ADJ
bpbj-155	87	9	management	management	NOUN
bpbj-155	87	10	that	that	PRON
bpbj-155	87	11	is	be	AUX
bpbj-155	87	12	closely	closely	ADV
bpbj-155	87	13	related	relate	VERB
bpbj-155	87	14	to	to	ADP
bpbj-155	87	15	natural	natural	ADJ
bpbj-155	87	16	capital	capital	NOUN
bpbj-155	87	17	including	include	VERB
bpbj-155	87	18	resources	resource	NOUN
bpbj-155	87	19	such	such	ADJ
bpbj-155	87	20	as	as	ADP
bpbj-155	87	21	water	water	NOUN
bpbj-155	87	22	and	and	CCONJ
bpbj-155	87	23	trees	tree	NOUN
bpbj-155	87	24	,	,	PUNCT
bpbj-155	87	25	which	which	PRON
bpbj-155	87	26	are	be	AUX
bpbj-155	87	27	essential	essential	ADJ
bpbj-155	87	28	resources	resource	NOUN
bpbj-155	87	29	for	for	ADP
bpbj-155	87	30	the	the	DET
bpbj-155	87	31	pulp	pulp	NOUN
bpbj-155	87	32	and	and	CCONJ
bpbj-155	87	33	paper	paper	NOUN
bpbj-155	87	34	industry	industry	NOUN
bpbj-155	87	35	.	.	PUNCT
bpbj-155	88	1	the	the	DET
bpbj-155	88	2	results	result	NOUN
bpbj-155	88	3	suggested	suggest	VERB
bpbj-155	88	4	that	that	SCONJ
bpbj-155	88	5	these	these	DET
bpbj-155	88	6	firms	firm	NOUN
bpbj-155	88	7	were	be	AUX
bpbj-155	88	8	conducting	conduct	VERB
bpbj-155	88	9	their	their	PRON
bpbj-155	88	10	businesses	business	NOUN
bpbj-155	88	11	with	with	ADP
bpbj-155	88	12	an	an	DET
bpbj-155	88	13	emphasis	emphasis	NOUN
bpbj-155	88	14	on	on	ADP
bpbj-155	88	15	biodiversity	biodiversity	NOUN
bpbj-155	88	16	and	and	CCONJ
bpbj-155	88	17	natural	natural	ADJ
bpbj-155	88	18	capital	capital	NOUN
bpbj-155	88	19	as	as	ADP
bpbj-155	88	20	core	core	NOUN
bpbj-155	88	21	competencies	competency	NOUN
bpbj-155	88	22	.	.	PUNCT
bpbj-155	89	1	“	"	PUNCT
bpbj-155	89	2	water	water	NOUN
bpbj-155	89	3	and	and	CCONJ
bpbj-155	89	4	effluents	effluent	NOUN
bpbj-155	89	5	”	"	PUNCT
bpbj-155	89	6	and	and	CCONJ
bpbj-155	89	7	“	"	PUNCT
bpbj-155	89	8	emissions	emission	NOUN
bpbj-155	89	9	”	"	PUNCT
bpbj-155	89	10	have	have	AUX
bpbj-155	89	11	also	also	ADV
bpbj-155	89	12	been	be	AUX
bpbj-155	89	13	critical	critical	ADJ
bpbj-155	89	14	issues	issue	NOUN
bpbj-155	89	15	for	for	ADP
bpbj-155	89	16	all	all	DET
bpbj-155	89	17	targeted	target	VERB
bpbj-155	89	18	firms	firm	NOUN
bpbj-155	89	19	because	because	SCONJ
bpbj-155	89	20	their	their	PRON
bpbj-155	89	21	business	business	NOUN
bpbj-155	89	22	operations	operation	NOUN
bpbj-155	89	23	had	have	AUX
bpbj-155	89	24	caused	cause	VERB
bpbj-155	89	25	air	air	NOUN
bpbj-155	89	26	pollution	pollution	NOUN
bpbj-155	89	27	and	and	CCONJ
bpbj-155	89	28	water	water	NOUN
bpbj-155	89	29	contamination	contamination	NOUN
bpbj-155	89	30	that	that	PRON
bpbj-155	89	31	had	have	VERB
bpbj-155	89	32	environmental	environmental	ADJ
bpbj-155	89	33	impacts	impact	NOUN
bpbj-155	89	34	in	in	ADP
bpbj-155	89	35	the	the	DET
bpbj-155	89	36	1960s	1960	NOUN
bpbj-155	89	37	and	and	CCONJ
bpbj-155	89	38	1970s	1970	NOUN
bpbj-155	89	39	in	in	ADP
bpbj-155	89	40	japan	japan	PROPN
bpbj-155	89	41	(	(	PUNCT
bpbj-155	89	42	kuninaka	kuninaka	PROPN
bpbj-155	89	43	1980	1980	NUM
bpbj-155	89	44	)	)	PUNCT
bpbj-155	89	45	;	;	PUNCT
bpbj-155	89	46	pulp	pulp	NOUN
bpbj-155	89	47	and	and	CCONJ
bpbj-155	89	48	paper	paper	NOUN
bpbj-155	89	49	firms	firm	NOUN
bpbj-155	89	50	in	in	ADP
bpbj-155	89	51	japan	japan	PROPN
bpbj-155	89	52	have	have	AUX
bpbj-155	89	53	been	be	AUX
bpbj-155	89	54	challenged	challenge	VERB
bpbj-155	89	55	to	to	PART
bpbj-155	89	56	take	take	VERB
bpbj-155	89	57	countermeasures	countermeasure	NOUN
bpbj-155	89	58	to	to	PART
bpbj-155	89	59	address	address	VERB
bpbj-155	89	60	these	these	DET
bpbj-155	89	61	issues	issue	NOUN
bpbj-155	89	62	over	over	ADP
bpbj-155	89	63	the	the	DET
bpbj-155	89	64	years	year	NOUN
bpbj-155	89	65	.	.	PUNCT
bpbj-155	90	1	for	for	ADP
bpbj-155	90	2	example	example	NOUN
bpbj-155	90	3	,	,	PUNCT
bpbj-155	90	4	the	the	DET
bpbj-155	90	5	japanese	japanese	ADJ
bpbj-155	90	6	pulp	pulp	NOUN
bpbj-155	90	7	and	and	CCONJ
bpbj-155	90	8	paper	paper	NOUN
bpbj-155	90	9	industry	industry	NOUN
bpbj-155	90	10	achieved	achieve	VERB
bpbj-155	90	11	91.5	91.5	NUM
bpbj-155	90	12	%	%	NOUN
bpbj-155	90	13	reduction	reduction	NOUN
bpbj-155	90	14	of	of	ADP
bpbj-155	90	15	volatile	volatile	ADJ
bpbj-155	90	16	organic	organic	ADJ
bpbj-155	90	17	compounds	compound	NOUN
bpbj-155	90	18	(	(	PUNCT
bpbj-155	90	19	vocs	vocs	NOUN
bpbj-155	90	20	)	)	PUNCT
bpbj-155	90	21	emissions	emission	NOUN
bpbj-155	90	22	in	in	ADP
bpbj-155	90	23	2022	2022	NUM
bpbj-155	90	24	compared	compare	VERB
bpbj-155	90	25	to	to	ADP
bpbj-155	90	26	emissions	emission	NOUN
bpbj-155	90	27	in	in	ADP
bpbj-155	90	28	2000	2000	NUM
bpbj-155	90	29	,	,	PUNCT
bpbj-155	90	30	according	accord	VERB
bpbj-155	90	31	to	to	ADP
bpbj-155	90	32	the	the	DET
bpbj-155	90	33	2023	2023	NUM
bpbj-155	90	34	sustainability	sustainability	NOUN
bpbj-155	90	35	published	publish	VERB
bpbj-155	90	36	by	by	ADP
bpbj-155	90	37	the	the	DET
bpbj-155	90	38	japan	japan	PROPN
bpbj-155	90	39	paper	paper	PROPN
bpbj-155	90	40	association	association	PROPN
bpbj-155	90	41	(	(	PUNCT
bpbj-155	90	42	japan	japan	PROPN
bpbj-155	90	43	paper	paper	PROPN
bpbj-155	90	44	association	association	PROPN
bpbj-155	90	45	2024b	2024b	NUM
bpbj-155	90	46	)	)	PUNCT
bpbj-155	90	47	.	.	PUNCT
bpbj-155	91	1	table	table	NOUN
bpbj-155	91	2	1	1	NUM
bpbj-155	91	3	.	.	NUM
bpbj-155	91	4	selected	select	VERB
bpbj-155	91	5	keywords	keyword	NOUN
bpbj-155	91	6	from	from	ADP
bpbj-155	91	7	the	the	DET
bpbj-155	91	8	gri	gri	PROPN
bpbj-155	91	9	standards	standard	NOUN
bpbj-155	91	10	in	in	ADP
bpbj-155	91	11	japanese	japanese	PROPN
bpbj-155	91	12	as	as	ADP
bpbj-155	91	13	the	the	DET
bpbj-155	91	14	coding	code	VERB
bpbj-155	91	15	rule	rule	NOUN
bpbj-155	91	16	concerning	concern	VERB
bpbj-155	91	17	environmental	environmental	ADJ
bpbj-155	91	18	issues	issue	NOUN
bpbj-155	91	19	.	.	PUNCT
bpbj-155	92	1	gri	gri	NOUN
bpbj-155	92	2	standards	standard	NOUN
bpbj-155	92	3	coding	code	VERB
bpbj-155	92	4	rules	rule	NOUN
bpbj-155	92	5	in	in	ADP
bpbj-155	92	6	japanese	japanese	ADJ
bpbj-155	92	7	coding	code	VERB
bpbj-155	92	8	rules	rule	NOUN
bpbj-155	92	9	in	in	ADP
bpbj-155	92	10	english	english	PROPN
bpbj-155	92	11	(	(	PUNCT
bpbj-155	92	12	for	for	ADP
bpbj-155	92	13	reference	reference	NOUN
bpbj-155	92	14	)	)	PUNCT
bpbj-155	92	15	gri301	gri301	PROPN
bpbj-155	92	16	materials	material	NOUN
bpbj-155	92	17	(	(	PUNCT
bpbj-155	92	18	原材料	原材料	NOUN
bpbj-155	92	19	and	and	CCONJ
bpbj-155	92	20	重量	重量	NOUN
bpbj-155	92	21	)	)	PUNCT
bpbj-155	92	22	or	or	CCONJ
bpbj-155	92	23	(	(	PUNCT
bpbj-155	92	24	原材料	原材料	NOUN
bpbj-155	92	25	and	and	CCONJ
bpbj-155	92	26	体積	体積	ADV
bpbj-155	92	27	)	)	PUNCT
bpbj-155	92	28	or	or	CCONJ
bpbj-155	92	29	リサイクル	リサイクル	NOUN
bpbj-155	92	30	or	or	CCONJ
bpbj-155	92	31	再生利用	再生利用	PROPN
bpbj-155	92	32	(	(	PUNCT
bpbj-155	92	33	‘	'	PUNCT
bpbj-155	92	34	materials	material	NOUN
bpbj-155	92	35	’	'	PUNCT
bpbj-155	92	36	and	and	CCONJ
bpbj-155	92	37	‘	'	PUNCT
bpbj-155	92	38	weight	weight	NOUN
bpbj-155	92	39	’	'	PUNCT
bpbj-155	92	40	)	)	PUNCT
bpbj-155	92	41	or	or	CCONJ
bpbj-155	92	42	(	(	PUNCT
bpbj-155	92	43	‘	'	PUNCT
bpbj-155	92	44	materials	material	NOUN
bpbj-155	92	45	’	'	PUNCT
bpbj-155	92	46	and	and	CCONJ
bpbj-155	92	47	‘	'	PUNCT
bpbj-155	92	48	volume	volume	NOUN
bpbj-155	92	49	’	'	PUNCT
bpbj-155	92	50	)	)	PUNCT
bpbj-155	92	51	or	or	CCONJ
bpbj-155	92	52	‘	'	PUNCT
bpbj-155	92	53	recycle	recycle	NOUN
bpbj-155	92	54	’	'	PUNCT
bpbj-155	92	55	or	or	CCONJ
bpbj-155	92	56	‘	'	PUNCT
bpbj-155	92	57	reclaimed	reclaim	VERB
bpbj-155	92	58	’	'	PUNCT
bpbj-155	92	59	gri302	gri302	PROPN
bpbj-155	92	60	energy	energy	NOUN
bpbj-155	92	61	エネルギー消費量	エネルギー消費量	NOUN
bpbj-155	92	62	or	or	CCONJ
bpbj-155	92	63	エネルギー原単位	エネルギー原単位	NOUN
bpbj-155	92	64	or	or	CCONJ
bpbj-155	92	65	エネルギー必要量	エネルギー必要量	ADJ
bpbj-155	92	66	‘	'	PUNCT
bpbj-155	92	67	energy	energy	NOUN
bpbj-155	92	68	consumption	consumption	NOUN
bpbj-155	92	69	’	'	PUNCT
bpbj-155	92	70	or	or	CCONJ
bpbj-155	92	71	‘	'	PUNCT
bpbj-155	92	72	energy	energy	NOUN
bpbj-155	92	73	intensity	intensity	NOUN
bpbj-155	92	74	’	'	PUNCT
bpbj-155	92	75	or	or	CCONJ
bpbj-155	92	76	‘	'	PUNCT
bpbj-155	92	77	energy	energy	NOUN
bpbj-155	92	78	requirements	requirement	NOUN
bpbj-155	92	79	’	'	PUNCT
bpbj-155	92	80	gri303	gri303	NOUN
bpbj-155	92	81	water	water	NOUN
bpbj-155	92	82	and	and	CCONJ
bpbj-155	92	83	effluents	effluent	NOUN
bpbj-155	92	84	(	(	PUNCT
bpbj-155	92	85	共有資源	共有資源	NOUN
bpbj-155	92	86	and	and	CCONJ
bpbj-155	92	87	水	水	NOUN
bpbj-155	92	88	)	)	PUNCT
bpbj-155	92	89	or	or	CCONJ
bpbj-155	92	90	取水	取水	INTJ
bpbj-155	92	91	or	or	CCONJ
bpbj-155	92	92	排水	排水	ADP
bpbj-155	92	93	or	or	CCONJ
bpbj-155	92	94	水消費	水消費	VERB
bpbj-155	92	95	(	(	PUNCT
bpbj-155	92	96	‘	'	PUNCT
bpbj-155	92	97	shared	share	VERB
bpbj-155	92	98	resources	resource	NOUN
bpbj-155	92	99	’	'	PUNCT
bpbj-155	92	100	and	and	CCONJ
bpbj-155	92	101	‘	'	PUNCT
bpbj-155	92	102	water	water	NOUN
bpbj-155	92	103	’	'	PUNCT
bpbj-155	92	104	)	)	PUNCT
bpbj-155	92	105	or	or	CCONJ
bpbj-155	92	106	‘	'	PUNCT
bpbj-155	92	107	water	water	NOUN
bpbj-155	92	108	discharge	discharge	NOUN
bpbj-155	92	109	’	'	PUNCT
bpbj-155	92	110	or	or	CCONJ
bpbj-155	92	111	‘	'	PUNCT
bpbj-155	92	112	water	water	NOUN
bpbj-155	92	113	withdrawal	withdrawal	NOUN
bpbj-155	92	114	’	'	PUNCT
bpbj-155	92	115	or	or	CCONJ
bpbj-155	92	116	‘	'	PUNCT
bpbj-155	92	117	water	water	NOUN
bpbj-155	92	118	consumption	consumption	NOUN
bpbj-155	92	119	’	'	PUNCT
bpbj-155	92	120	gri304	gri304	PROPN
bpbj-155	92	121	biodiversity	biodiversity	NOUN
bpbj-155	92	122	保護地域	保護地域	NOUN
bpbj-155	92	123	or	or	CCONJ
bpbj-155	92	124	生物多様性	生物多様性	VERB
bpbj-155	92	125	or	or	CCONJ
bpbj-155	92	126	(	(	PUNCT
bpbj-155	92	127	生息地	生息地	NOUN
bpbj-155	92	128	and	and	CCONJ
bpbj-155	92	129	保護	保護	NOUN
bpbj-155	92	130	)	)	PUNCT
bpbj-155	92	131	or	or	CCONJ
bpbj-155	92	132	(	(	PUNCT
bpbj-155	92	133	生息地	生息地	NOUN
bpbj-155	92	134	and	and	CCONJ
bpbj-155	92	135	復元	復元	NOUN
bpbj-155	92	136	)	)	PUNCT
bpbj-155	92	137	or	or	CCONJ
bpbj-155	92	138	iucnレッドリスト	iucnレッドリスト	NOUN
bpbj-155	92	139	or	or	CCONJ
bpbj-155	92	140	国内保全種リスト	国内保全種リスト	NOUN
bpbj-155	92	141	or	or	CCONJ
bpbj-155	92	142	生物種	生物種	NOUN
bpbj-155	92	143	‘	'	PUNCT
bpbj-155	92	144	protected	protect	VERB
bpbj-155	92	145	areas	area	NOUN
bpbj-155	92	146	’	'	PUNCT
bpbj-155	92	147	or	or	CCONJ
bpbj-155	92	148	‘	'	PUNCT
bpbj-155	92	149	biodiversity	biodiversity	NOUN
bpbj-155	92	150	’	'	PUNCT
bpbj-155	92	151	or	or	CCONJ
bpbj-155	92	152	(	(	PUNCT
bpbj-155	92	153	‘	'	PUNCT
bpbj-155	92	154	habitat	habitat	NOUN
bpbj-155	92	155	’	'	PUNCT
bpbj-155	92	156	and	and	CCONJ
bpbj-155	92	157	‘	'	PUNCT
bpbj-155	92	158	protected	protect	VERB
bpbj-155	92	159	’	'	PUNCT
bpbj-155	92	160	)	)	PUNCT
bpbj-155	92	161	or	or	CCONJ
bpbj-155	92	162	(	(	PUNCT
bpbj-155	92	163	‘	'	PUNCT
bpbj-155	92	164	habitat	habitat	NOUN
bpbj-155	92	165	’	'	PUNCT
bpbj-155	92	166	and	and	CCONJ
bpbj-155	92	167	‘	'	PUNCT
bpbj-155	92	168	restored	restore	VERB
bpbj-155	92	169	’	'	PUNCT
bpbj-155	92	170	)	)	PUNCT
bpbj-155	92	171	or	or	CCONJ
bpbj-155	92	172	‘	'	PUNCT
bpbj-155	92	173	iucn	iucn	NOUN
bpbj-155	92	174	redlist	redlist	NOUN
bpbj-155	92	175	’	'	PUNCT
bpbj-155	92	176	or	or	CCONJ
bpbj-155	92	177	‘	'	PUNCT
bpbj-155	92	178	national	national	ADJ
bpbj-155	92	179	conservation	conservation	NOUN
bpbj-155	92	180	list	list	NOUN
bpbj-155	92	181	’	'	PUNCT
bpbj-155	92	182	or	or	CCONJ
bpbj-155	92	183	‘	'	PUNCT
bpbj-155	92	184	species	specie	NOUN
bpbj-155	92	185	’	'	PUNCT
bpbj-155	92	186	gri305	gri305	PROPN
bpbj-155	92	187	emissions	emission	NOUN
bpbj-155	92	188	温室効果ガス	温室効果ガス	NOUN
bpbj-155	92	189	or	or	CCONJ
bpbj-155	92	190	ghg	ghg	PROPN
bpbj-155	92	191	or	or	CCONJ
bpbj-155	92	192	スコープ1	スコープ1	NOUN
bpbj-155	92	193	or	or	CCONJ
bpbj-155	92	194	スコープ2	スコープ2	NOUN
bpbj-155	92	195	or	or	CCONJ
bpbj-155	92	196	スコープ3	スコープ3	NOUN
bpbj-155	92	197	or	or	CCONJ
bpbj-155	92	198	温室効果ガス排出原単位	温室効果ガス排出原単位	ADJ
bpbj-155	92	199	or	or	CCONJ
bpbj-155	92	200	オゾン層破壊物質	オゾン層破壊物質	NOUN
bpbj-155	92	201	or	or	CCONJ
bpbj-155	92	202	ods	ods	PROPN
bpbj-155	92	203	or	or	CCONJ
bpbj-155	92	204	窒素酸化物	窒素酸化物	VERB
bpbj-155	92	205	or	or	CCONJ
bpbj-155	92	206	nox	nox	NOUN
bpbj-155	92	207	or	or	CCONJ
bpbj-155	92	208	硫黄酸化物	硫黄酸化物	ADJ
bpbj-155	92	209	or	or	CCONJ
bpbj-155	92	210	sox	sox	PROPN
bpbj-155	92	211	‘	'	PUNCT
bpbj-155	92	212	greenhouse	greenhouse	NOUN
bpbj-155	92	213	gas	gas	NOUN
bpbj-155	92	214	’	'	PUNCT
bpbj-155	92	215	or	or	CCONJ
bpbj-155	92	216	‘	'	PUNCT
bpbj-155	92	217	ghg	ghg	PROPN
bpbj-155	92	218	’	'	PUNCT
bpbj-155	92	219	or	or	CCONJ
bpbj-155	92	220	‘	'	PUNCT
bpbj-155	92	221	scope	scope	NOUN
bpbj-155	92	222	1	1	NUM
bpbj-155	92	223	’	'	PUNCT
bpbj-155	92	224	or	or	CCONJ
bpbj-155	92	225	‘	'	PUNCT
bpbj-155	92	226	scope	scope	NOUN
bpbj-155	92	227	2	2	NUM
bpbj-155	92	228	’	'	PUNCT
bpbj-155	92	229	or	or	CCONJ
bpbj-155	92	230	‘	'	PUNCT
bpbj-155	92	231	scope	scope	NOUN
bpbj-155	92	232	3	3	NUM
bpbj-155	92	233	’	'	PUNCT
bpbj-155	92	234	or	or	CCONJ
bpbj-155	92	235	‘	'	PUNCT
bpbj-155	92	236	ghg	ghg	PROPN
bpbj-155	92	237	emissions	emissions	PROPN
bpbj-155	92	238	intensity	intensity	NOUN
bpbj-155	92	239	’	'	PUNCT
bpbj-155	92	240	or	or	CCONJ
bpbj-155	92	241	‘	'	PUNCT
bpbj-155	92	242	ozonedepleting	ozonedepleting	ADJ
bpbj-155	92	243	substances	substance	NOUN
bpbj-155	92	244	’	'	PUNCT
bpbj-155	92	245	or	or	CCONJ
bpbj-155	92	246	‘	'	PUNCT
bpbj-155	92	247	ods	od	NOUN
bpbj-155	92	248	’	'	PUNCT
bpbj-155	92	249	or	or	CCONJ
bpbj-155	92	250	‘	'	PUNCT
bpbj-155	92	251	nitrogen	nitrogen	NOUN
bpbj-155	92	252	oxides	oxide	NOUN
bpbj-155	92	253	’	'	PUNCT
bpbj-155	92	254	or	or	CCONJ
bpbj-155	92	255	‘	'	PUNCT
bpbj-155	92	256	nox	nox	NOUN
bpbj-155	92	257	’	'	PUNCT
bpbj-155	92	258	or	or	CCONJ
bpbj-155	92	259	‘	'	PUNCT
bpbj-155	92	260	sulfur	sulfur	NOUN
bpbj-155	92	261	oxides	oxide	NOUN
bpbj-155	92	262	’	'	PUNCT
bpbj-155	92	263	or	or	CCONJ
bpbj-155	92	264	‘	'	PUNCT
bpbj-155	92	265	sox	sox	X
bpbj-155	92	266	’	'	PUNCT
bpbj-155	92	267	24	24	NUM
bpbj-155	92	268	bioproducts	bioproduct	NOUN
bpbj-155	92	269	business	business	NOUN
bpbj-155	92	270	10(2	10(2	NUM
bpbj-155	92	271	)	)	PUNCT
bpbj-155	92	272	2025	2025	NUM
bpbj-155	92	273	conversely	conversely	ADV
bpbj-155	92	274	,	,	PUNCT
bpbj-155	92	275	none	none	NOUN
bpbj-155	92	276	of	of	ADP
bpbj-155	92	277	the	the	DET
bpbj-155	92	278	firms	firm	NOUN
bpbj-155	92	279	had	have	VERB
bpbj-155	92	280	sentences	sentence	NOUN
bpbj-155	92	281	that	that	PRON
bpbj-155	92	282	mentioned	mention	VERB
bpbj-155	92	283	“	"	PUNCT
bpbj-155	92	284	energy	energy	NOUN
bpbj-155	92	285	”	"	PUNCT
bpbj-155	92	286	(	(	PUNCT
bpbj-155	92	287	gri302	gri302	PROPN
bpbj-155	92	288	)	)	PUNCT
bpbj-155	92	289	from	from	ADP
bpbj-155	92	290	2008	2008	NUM
bpbj-155	92	291	to	to	ADP
bpbj-155	92	292	2017	2017	NUM
bpbj-155	92	293	.	.	PUNCT
bpbj-155	93	1	the	the	DET
bpbj-155	93	2	category	category	NOUN
bpbj-155	93	3	gri302	gri302	PROPN
bpbj-155	93	4	covers	cover	VERB
bpbj-155	93	5	energy	energy	NOUN
bpbj-155	93	6	consumption	consumption	NOUN
bpbj-155	93	7	,	,	PUNCT
bpbj-155	93	8	energy	energy	NOUN
bpbj-155	93	9	intensity	intensity	NOUN
bpbj-155	93	10	,	,	PUNCT
bpbj-155	93	11	and	and	CCONJ
bpbj-155	93	12	reduction	reduction	NOUN
bpbj-155	93	13	in	in	ADP
bpbj-155	93	14	energy	energy	NOUN
bpbj-155	93	15	requirements	requirement	NOUN
bpbj-155	93	16	;	;	PUNCT
bpbj-155	93	17	these	these	DET
bpbj-155	93	18	topics	topic	NOUN
bpbj-155	93	19	are	be	AUX
bpbj-155	93	20	critical	critical	ADJ
bpbj-155	93	21	in	in	ADP
bpbj-155	93	22	connection	connection	NOUN
bpbj-155	93	23	with	with	ADP
bpbj-155	93	24	climate	climate	NOUN
bpbj-155	93	25	change	change	NOUN
bpbj-155	93	26	issues	issue	NOUN
bpbj-155	93	27	.	.	PUNCT
bpbj-155	94	1	they	they	PRON
bpbj-155	94	2	are	be	AUX
bpbj-155	94	3	likely	likely	ADJ
bpbj-155	94	4	to	to	PART
bpbj-155	94	5	appear	appear	VERB
bpbj-155	94	6	in	in	ADP
bpbj-155	94	7	the	the	DET
bpbj-155	94	8	non	non	ADJ
bpbj-155	94	9	-	-	ADJ
bpbj-155	94	10	financial	financial	ADJ
bpbj-155	94	11	reports	report	NOUN
bpbj-155	94	12	of	of	ADP
bpbj-155	94	13	pulp	pulp	NOUN
bpbj-155	94	14	and	and	CCONJ
bpbj-155	94	15	paper	paper	NOUN
bpbj-155	94	16	firms	firm	NOUN
bpbj-155	94	17	as	as	ADV
bpbj-155	94	18	well	well	ADV
bpbj-155	94	19	as	as	ADP
bpbj-155	94	20	in	in	ADP
bpbj-155	94	21	other	other	ADJ
bpbj-155	94	22	industries	industry	NOUN
bpbj-155	94	23	after	after	ADP
bpbj-155	94	24	2018	2018	NUM
bpbj-155	94	25	,	,	PUNCT
bpbj-155	94	26	however	however	ADV
bpbj-155	94	27	,	,	PUNCT
bpbj-155	94	28	which	which	PRON
bpbj-155	94	29	is	be	AUX
bpbj-155	94	30	beyond	beyond	ADP
bpbj-155	94	31	our	our	PRON
bpbj-155	94	32	research	research	NOUN
bpbj-155	94	33	period	period	NOUN
bpbj-155	94	34	.	.	PUNCT
bpbj-155	95	1	table	table	NOUN
bpbj-155	95	2	2	2	NUM
bpbj-155	95	3	shows	show	VERB
bpbj-155	95	4	the	the	DET
bpbj-155	95	5	gri	gri	PROPN
bpbj-155	95	6	scores	score	NOUN
bpbj-155	95	7	of	of	ADP
bpbj-155	95	8	pulp	pulp	NOUN
bpbj-155	95	9	and	and	CCONJ
bpbj-155	95	10	paper	paper	NOUN
bpbj-155	95	11	firms	firm	NOUN
bpbj-155	95	12	.	.	PUNCT
bpbj-155	96	1	this	this	DET
bpbj-155	96	2	study	study	NOUN
bpbj-155	96	3	found	find	VERB
bpbj-155	96	4	that	that	SCONJ
bpbj-155	96	5	trends	trend	NOUN
bpbj-155	96	6	in	in	ADP
bpbj-155	96	7	environmental	environmental	ADJ
bpbj-155	96	8	information	information	NOUN
bpbj-155	96	9	disclosure	disclosure	NOUN
bpbj-155	96	10	differed	differ	VERB
bpbj-155	96	11	among	among	ADP
bpbj-155	96	12	the	the	DET
bpbj-155	96	13	six	six	NUM
bpbj-155	96	14	firms	firm	NOUN
bpbj-155	96	15	.	.	PUNCT
bpbj-155	97	1	the	the	DET
bpbj-155	97	2	total	total	ADJ
bpbj-155	97	3	gri	gri	PROPN
bpbj-155	97	4	scores	score	NOUN
bpbj-155	97	5	of	of	ADP
bpbj-155	97	6	the	the	DET
bpbj-155	97	7	oji	oji	PROPN
bpbj-155	97	8	and	and	CCONJ
bpbj-155	97	9	nippon	nippon	PROPN
bpbj-155	97	10	paper	paper	NOUN
bpbj-155	97	11	companies	company	NOUN
bpbj-155	97	12	increased	increase	VERB
bpbj-155	97	13	during	during	ADP
bpbj-155	97	14	this	this	DET
bpbj-155	97	15	period	period	NOUN
bpbj-155	97	16	.	.	PUNCT
bpbj-155	98	1	for	for	ADP
bpbj-155	98	2	example	example	NOUN
bpbj-155	98	3	,	,	PUNCT
bpbj-155	98	4	oji	oji	PROPN
bpbj-155	98	5	continues	continue	VERB
bpbj-155	98	6	its	its	PRON
bpbj-155	98	7	activities	activity	NOUN
bpbj-155	98	8	concerning	concern	VERB
bpbj-155	98	9	environmental	environmental	ADJ
bpbj-155	98	10	conservation	conservation	NOUN
bpbj-155	98	11	and	and	CCONJ
bpbj-155	98	12	environmental	environmental	ADJ
bpbj-155	98	13	information	information	NOUN
bpbj-155	98	14	disclosure	disclosure	NOUN
bpbj-155	98	15	.	.	PUNCT
bpbj-155	99	1	oji	oji	PROPN
bpbj-155	99	2	announced	announce	VERB
bpbj-155	99	3	the	the	DET
bpbj-155	99	4	results	result	NOUN
bpbj-155	99	5	of	of	ADP
bpbj-155	99	6	an	an	DET
bpbj-155	99	7	estimate	estimate	NOUN
bpbj-155	99	8	that	that	SCONJ
bpbj-155	99	9	the	the	DET
bpbj-155	99	10	multifaceted	multifaceted	ADJ
bpbj-155	99	11	functions	function	NOUN
bpbj-155	99	12	supplied	supply	VERB
bpbj-155	99	13	by	by	ADP
bpbj-155	99	14	the	the	DET
bpbj-155	99	15	approximately	approximately	ADV
bpbj-155	99	16	190,000	190,000	NUM
bpbj-155	99	17	ha	ha	INTJ
bpbj-155	99	18	of	of	ADP
bpbj-155	99	19	company	company	NOUN
bpbj-155	99	20	owned	own	VERB
bpbj-155	99	21	forests	forest	NOUN
bpbj-155	99	22	in	in	ADP
bpbj-155	99	23	japan	japan	PROPN
bpbj-155	99	24	amount	amount	NOUN
bpbj-155	99	25	to	to	ADP
bpbj-155	99	26	approximately	approximately	ADV
bpbj-155	99	27	550	550	NUM
bpbj-155	99	28	billion	billion	NUM
bpbj-155	99	29	yen	yen	NOUN
bpbj-155	99	30	per	per	ADP
bpbj-155	99	31	year	year	NOUN
bpbj-155	99	32	(	(	PUNCT
bpbj-155	99	33	oji	oji	PROPN
bpbj-155	99	34	holdings	holding	NOUN
bpbj-155	99	35	corporation	corporation	NOUN
bpbj-155	99	36	2024	2024	NUM
bpbj-155	99	37	)	)	PUNCT
bpbj-155	99	38	.	.	PUNCT
bpbj-155	100	1	this	this	DET
bpbj-155	100	2	fact	fact	NOUN
bpbj-155	100	3	implies	imply	VERB
bpbj-155	100	4	that	that	SCONJ
bpbj-155	100	5	environmental	environmental	ADJ
bpbj-155	100	6	information	information	NOUN
bpbj-155	100	7	disclosure	disclosure	NOUN
bpbj-155	100	8	has	have	AUX
bpbj-155	100	9	become	become	VERB
bpbj-155	100	10	a	a	DET
bpbj-155	100	11	crucial	crucial	ADJ
bpbj-155	100	12	factor	factor	NOUN
bpbj-155	100	13	for	for	ADP
bpbj-155	100	14	the	the	DET
bpbj-155	100	15	corporate	corporate	ADJ
bpbj-155	100	16	management	management	NOUN
bpbj-155	100	17	.	.	PUNCT
bpbj-155	101	1	the	the	DET
bpbj-155	101	2	total	total	ADJ
bpbj-155	101	3	gri	gri	PROPN
bpbj-155	101	4	rates	rate	NOUN
bpbj-155	101	5	of	of	ADP
bpbj-155	101	6	the	the	DET
bpbj-155	101	7	other	other	ADJ
bpbj-155	101	8	four	four	NUM
bpbj-155	101	9	firms	firm	NOUN
bpbj-155	101	10	decreased	decrease	VERB
bpbj-155	101	11	during	during	ADP
bpbj-155	101	12	the	the	DET
bpbj-155	101	13	same	same	ADJ
bpbj-155	101	14	period	period	NOUN
bpbj-155	101	15	,	,	PUNCT
bpbj-155	101	16	however	however	ADV
bpbj-155	101	17	.	.	PUNCT
bpbj-155	102	1	for	for	ADP
bpbj-155	102	2	example	example	NOUN
bpbj-155	102	3	,	,	PUNCT
bpbj-155	102	4	rengo	rengo	PROPN
bpbj-155	102	5	showed	show	VERB
bpbj-155	102	6	the	the	DET
bpbj-155	102	7	highest	high	ADJ
bpbj-155	102	8	mean	mean	ADJ
bpbj-155	102	9	value	value	NOUN
bpbj-155	102	10	of	of	ADP
bpbj-155	102	11	the	the	DET
bpbj-155	102	12	total	total	ADJ
bpbj-155	102	13	gri	gri	NOUN
bpbj-155	102	14	rate	rate	NOUN
bpbj-155	102	15	in	in	ADP
bpbj-155	102	16	10	10	NUM
bpbj-155	102	17	years	year	NOUN
bpbj-155	102	18	,	,	PUNCT
bpbj-155	102	19	but	but	CCONJ
bpbj-155	102	20	the	the	DET
bpbj-155	102	21	gri	gri	PROPN
bpbj-155	102	22	rate	rate	NOUN
bpbj-155	102	23	decreased	decrease	VERB
bpbj-155	102	24	during	during	ADP
bpbj-155	102	25	the	the	DET
bpbj-155	102	26	same	same	ADJ
bpbj-155	102	27	period	period	NOUN
bpbj-155	102	28	.	.	PUNCT
bpbj-155	103	1	rengo	rengo	PROPN
bpbj-155	103	2	mainly	mainly	ADV
bpbj-155	103	3	disclosed	disclose	VERB
bpbj-155	103	4	“	"	PUNCT
bpbj-155	103	5	materials	material	NOUN
bpbj-155	103	6	”	"	PUNCT
bpbj-155	103	7	issues	issue	NOUN
bpbj-155	103	8	because	because	SCONJ
bpbj-155	103	9	rengo	rengo	PROPN
bpbj-155	103	10	’s	’s	PART
bpbj-155	103	11	main	main	ADJ
bpbj-155	103	12	product	product	NOUN
bpbj-155	103	13	was	be	AUX
bpbj-155	103	14	paperboard	paperboard	NOUN
bpbj-155	103	15	.	.	PUNCT
bpbj-155	104	1	the	the	DET
bpbj-155	104	2	second	second	ADJ
bpbj-155	104	3	highest	high	ADJ
bpbj-155	104	4	mean	mean	ADJ
bpbj-155	104	5	value	value	NOUN
bpbj-155	104	6	of	of	ADP
bpbj-155	104	7	the	the	DET
bpbj-155	104	8	total	total	ADJ
bpbj-155	104	9	gri	gri	PROPN
bpbj-155	104	10	rate	rate	NOUN
bpbj-155	104	11	was	be	AUX
bpbj-155	104	12	shown	show	VERB
bpbj-155	104	13	by	by	ADP
bpbj-155	104	14	daio	daio	NOUN
bpbj-155	104	15	;	;	PUNCT
bpbj-155	104	16	however	however	ADV
bpbj-155	104	17	,	,	PUNCT
bpbj-155	104	18	daio	daio	PROPN
bpbj-155	104	19	disclosed	disclose	VERB
bpbj-155	104	20	not	not	PART
bpbj-155	104	21	only	only	ADV
bpbj-155	104	22	“	"	PUNCT
bpbj-155	104	23	materials	material	NOUN
bpbj-155	104	24	”	"	PUNCT
bpbj-155	104	25	issues	issue	NOUN
bpbj-155	104	26	but	but	CCONJ
bpbj-155	104	27	also	also	ADV
bpbj-155	104	28	other	other	ADJ
bpbj-155	104	29	gri	gri	PROPN
bpbj-155	104	30	-	-	PUNCT
bpbj-155	104	31	related	relate	VERB
bpbj-155	104	32	words	word	NOUN
bpbj-155	104	33	because	because	SCONJ
bpbj-155	104	34	daio	daio	NOUN
bpbj-155	104	35	produces	produce	VERB
bpbj-155	104	36	not	not	PART
bpbj-155	104	37	only	only	ADV
bpbj-155	104	38	paperboard	paperboard	NOUN
bpbj-155	104	39	but	but	CCONJ
bpbj-155	104	40	also	also	ADV
bpbj-155	104	41	other	other	ADJ
bpbj-155	104	42	paper	paper	NOUN
bpbj-155	104	43	products	product	NOUN
bpbj-155	104	44	.	.	PUNCT
bpbj-155	105	1	hokuetsu	hokuetsu	PROPN
bpbj-155	105	2	was	be	AUX
bpbj-155	105	3	an	an	DET
bpbj-155	105	4	equity	equity	NOUN
bpbj-155	105	5	method	method	NOUN
bpbj-155	105	6	affiliate	affiliate	NOUN
bpbj-155	105	7	of	of	ADP
bpbj-155	105	8	daio	daio	NOUN
bpbj-155	105	9	,	,	PUNCT
bpbj-155	105	10	and	and	CCONJ
bpbj-155	105	11	mitsubishi	mitsubishi	PROPN
bpbj-155	105	12	was	be	AUX
bpbj-155	105	13	an	an	DET
bpbj-155	105	14	affiliate	affiliate	NOUN
bpbj-155	105	15	of	of	ADP
bpbj-155	105	16	oji	oji	PROPN
bpbj-155	105	17	in	in	ADP
bpbj-155	105	18	2020	2020	NUM
bpbj-155	105	19	.	.	PUNCT
bpbj-155	106	1	however	however	ADV
bpbj-155	106	2	,	,	PUNCT
bpbj-155	106	3	the	the	DET
bpbj-155	106	4	gri	gri	PROPN
bpbj-155	106	5	rates	rate	NOUN
bpbj-155	106	6	differed	differ	VERB
bpbj-155	106	7	.	.	PUNCT
bpbj-155	107	1	this	this	PRON
bpbj-155	107	2	indicates	indicate	VERB
bpbj-155	107	3	that	that	SCONJ
bpbj-155	107	4	the	the	DET
bpbj-155	107	5	financial	financial	ADJ
bpbj-155	107	6	power	power	NOUN
bpbj-155	107	7	of	of	ADP
bpbj-155	107	8	parent	parent	NOUN
bpbj-155	107	9	firms	firm	NOUN
bpbj-155	107	10	did	do	AUX
bpbj-155	107	11	not	not	PART
bpbj-155	107	12	affect	affect	VERB
bpbj-155	107	13	comtable	comtable	ADJ
bpbj-155	107	14	2	2	NUM
bpbj-155	107	15	.	.	NOUN
bpbj-155	107	16	appearance	appearance	NOUN
bpbj-155	107	17	rate	rate	NOUN
bpbj-155	107	18	of	of	ADP
bpbj-155	107	19	environmental	environmental	ADJ
bpbj-155	107	20	information	information	NOUN
bpbj-155	107	21	(	(	PUNCT
bpbj-155	107	22	gri	gri	NOUN
bpbj-155	107	23	rate	rate	NOUN
bpbj-155	107	24	)	)	PUNCT
bpbj-155	107	25	by	by	ADP
bpbj-155	107	26	six	six	NUM
bpbj-155	107	27	pulp	pulp	NOUN
bpbj-155	107	28	and	and	CCONJ
bpbj-155	107	29	paper	paper	NOUN
bpbj-155	107	30	firms	firm	NOUN
bpbj-155	107	31	in	in	ADP
bpbj-155	107	32	japan	japan	PROPN
bpbj-155	107	33	.	.	PUNCT
bpbj-155	108	1	company	company	NOUN
bpbj-155	108	2	name	name	NOUN
bpbj-155	108	3	year	year	NOUN
bpbj-155	108	4	total	total	NOUN
bpbj-155	108	5	gri301	gri301	PROPN
bpbj-155	108	6	(	(	PUNCT
bpbj-155	108	7	materials	material	NOUN
bpbj-155	108	8	)	)	PUNCT
bpbj-155	108	9	gri303	gri303	NOUN
bpbj-155	108	10	(	(	PUNCT
bpbj-155	108	11	water	water	NOUN
bpbj-155	108	12	and	and	CCONJ
bpbj-155	108	13	effluents	effluent	NOUN
bpbj-155	108	14	)	)	PUNCT
bpbj-155	109	1	gri304	gri304	NOUN
bpbj-155	109	2	(	(	PUNCT
bpbj-155	109	3	biodiversity	biodiversity	NOUN
bpbj-155	109	4	)	)	PUNCT
bpbj-155	109	5	gri305	gri305	NOUN
bpbj-155	109	6	(	(	PUNCT
bpbj-155	109	7	emissions	emission	NOUN
bpbj-155	109	8	)	)	PUNCT
bpbj-155	109	9	oji	oji	PROPN
bpbj-155	109	10	holdings	holding	NOUN
bpbj-155	109	11	2008	2008	NUM
bpbj-155	109	12	2.43	2.43	NUM
bpbj-155	109	13	%	%	NOUN
bpbj-155	109	14	1.26	1.26	NUM
bpbj-155	109	15	%	%	NOUN
bpbj-155	109	16	1.17	1.17	NUM
bpbj-155	109	17	%	%	NOUN
bpbj-155	109	18	0.00	0.00	NUM
bpbj-155	109	19	%	%	NOUN
bpbj-155	109	20	0.00	0.00	NUM
bpbj-155	109	21	%	%	NOUN
bpbj-155	109	22	oji	oji	PROPN
bpbj-155	109	23	holdings	holding	NOUN
bpbj-155	109	24	2009	2009	NUM
bpbj-155	109	25	3.49	3.49	NUM
bpbj-155	109	26	%	%	NOUN
bpbj-155	109	27	2.15	2.15	NUM
bpbj-155	109	28	%	%	NOUN
bpbj-155	109	29	0.54	0.54	NUM
bpbj-155	109	30	%	%	NOUN
bpbj-155	109	31	0.67	0.67	NUM
bpbj-155	109	32	%	%	NOUN
bpbj-155	109	33	0.13	0.13	NUM
bpbj-155	109	34	%	%	NOUN
bpbj-155	109	35	oji	oji	PROPN
bpbj-155	109	36	holdings	holding	NOUN
bpbj-155	109	37	2010	2010	NUM
bpbj-155	109	38	3.43	3.43	NUM
bpbj-155	109	39	%	%	NOUN
bpbj-155	109	40	2.53	2.53	NUM
bpbj-155	109	41	%	%	NOUN
bpbj-155	109	42	0.30	0.30	NUM
bpbj-155	109	43	%	%	NOUN
bpbj-155	109	44	0.15	0.15	NUM
bpbj-155	109	45	%	%	NOUN
bpbj-155	109	46	0.45	0.45	NUM
bpbj-155	109	47	%	%	NOUN
bpbj-155	109	48	oji	oji	PROPN
bpbj-155	109	49	holdings	holding	NOUN
bpbj-155	109	50	2011	2011	NUM
bpbj-155	109	51	3.33	3.33	NUM
bpbj-155	109	52	%	%	NOUN
bpbj-155	109	53	1.95	1.95	NUM
bpbj-155	109	54	%	%	NOUN
bpbj-155	109	55	0.49	0.49	NUM
bpbj-155	109	56	%	%	NOUN
bpbj-155	109	57	0.65	0.65	NUM
bpbj-155	109	58	%	%	NOUN
bpbj-155	109	59	0.24	0.24	NUM
bpbj-155	109	60	%	%	NOUN
bpbj-155	109	61	oji	oji	PROPN
bpbj-155	109	62	holdings	holding	NOUN
bpbj-155	109	63	2012	2012	NUM
bpbj-155	109	64	3.15	3.15	NUM
bpbj-155	109	65	%	%	NOUN
bpbj-155	109	66	1.80	1.80	NUM
bpbj-155	109	67	%	%	NOUN
bpbj-155	109	68	0.09	0.09	NUM
bpbj-155	109	69	%	%	NOUN
bpbj-155	109	70	1.17	1.17	NUM
bpbj-155	109	71	%	%	NOUN
bpbj-155	109	72	0.09	0.09	NUM
bpbj-155	109	73	%	%	NOUN
bpbj-155	109	74	oji	oji	PROPN
bpbj-155	109	75	holdings	holding	NOUN
bpbj-155	109	76	2013	2013	NUM
bpbj-155	109	77	3.32	3.32	NUM
bpbj-155	109	78	%	%	NOUN
bpbj-155	109	79	1.28	1.28	NUM
bpbj-155	109	80	%	%	NOUN
bpbj-155	109	81	0.83	0.83	NUM
bpbj-155	109	82	%	%	NOUN
bpbj-155	109	83	0.98	0.98	NUM
bpbj-155	109	84	%	%	NOUN
bpbj-155	109	85	0.23	0.23	NUM
bpbj-155	109	86	%	%	NOUN
bpbj-155	109	87	oji	oji	PROPN
bpbj-155	109	88	holdings	holding	NOUN
bpbj-155	109	89	2014	2014	NUM
bpbj-155	109	90	5.02	5.02	NUM
bpbj-155	109	91	%	%	NOUN
bpbj-155	109	92	2.38	2.38	NUM
bpbj-155	109	93	%	%	NOUN
bpbj-155	109	94	1.32	1.32	NUM
bpbj-155	109	95	%	%	NOUN
bpbj-155	109	96	0.53	0.53	NUM
bpbj-155	109	97	%	%	NOUN
bpbj-155	109	98	0.79	0.79	NUM
bpbj-155	109	99	%	%	NOUN
bpbj-155	109	100	oji	oji	PROPN
bpbj-155	109	101	holdings	holding	NOUN
bpbj-155	109	102	2015	2015	NUM
bpbj-155	109	103	2.94	2.94	NUM
bpbj-155	109	104	%	%	NOUN
bpbj-155	109	105	0.98	0.98	NUM
bpbj-155	109	106	%	%	NOUN
bpbj-155	109	107	0.98	0.98	NUM
bpbj-155	109	108	%	%	NOUN
bpbj-155	109	109	0.59	0.59	NUM
bpbj-155	109	110	%	%	NOUN
bpbj-155	109	111	0.39	0.39	NUM
bpbj-155	109	112	%	%	NOUN
bpbj-155	109	113	oji	oji	PROPN
bpbj-155	109	114	holdings	holding	NOUN
bpbj-155	109	115	2016	2016	NUM
bpbj-155	109	116	3.74	3.74	NUM
bpbj-155	109	117	%	%	NOUN
bpbj-155	109	118	0.83	0.83	NUM
bpbj-155	109	119	%	%	NOUN
bpbj-155	109	120	1.46	1.46	NUM
bpbj-155	109	121	%	%	NOUN
bpbj-155	109	122	0.62	0.62	NUM
bpbj-155	109	123	%	%	NOUN
bpbj-155	109	124	0.83	0.83	NUM
bpbj-155	109	125	%	%	NOUN
bpbj-155	109	126	oji	oji	PROPN
bpbj-155	109	127	holdings	holding	NOUN
bpbj-155	109	128	2017	2017	NUM
bpbj-155	109	129	4.20	4.20	NUM
bpbj-155	109	130	%	%	NOUN
bpbj-155	109	131	1.40	1.40	NUM
bpbj-155	109	132	%	%	NOUN
bpbj-155	109	133	1.63	1.63	NUM
bpbj-155	109	134	%	%	NOUN
bpbj-155	109	135	0.47	0.47	NUM
bpbj-155	109	136	%	%	NOUN
bpbj-155	109	137	0.70	0.70	NUM
bpbj-155	109	138	%	%	NOUN
bpbj-155	109	139	nippon	nippon	PROPN
bpbj-155	109	140	paper	paper	NOUN
bpbj-155	109	141	industries	industry	NOUN
bpbj-155	109	142	2008	2008	NUM
bpbj-155	109	143	4.26	4.26	NUM
bpbj-155	109	144	%	%	NOUN
bpbj-155	109	145	1.53	1.53	NUM
bpbj-155	109	146	%	%	NOUN
bpbj-155	109	147	0.80	0.80	NUM
bpbj-155	109	148	%	%	NOUN
bpbj-155	109	149	1.70	1.70	NUM
bpbj-155	109	150	%	%	NOUN
bpbj-155	109	151	0.23	0.23	NUM
bpbj-155	109	152	%	%	NOUN
bpbj-155	109	153	nippon	nippon	PROPN
bpbj-155	109	154	paper	paper	NOUN
bpbj-155	109	155	industries	industry	NOUN
bpbj-155	109	156	2009	2009	NUM
bpbj-155	109	157	3.24	3.24	NUM
bpbj-155	109	158	%	%	NOUN
bpbj-155	109	159	1.24	1.24	NUM
bpbj-155	109	160	%	%	NOUN
bpbj-155	109	161	0.33	0.33	NUM
bpbj-155	109	162	%	%	NOUN
bpbj-155	109	163	1.57	1.57	NUM
bpbj-155	109	164	%	%	NOUN
bpbj-155	109	165	0.10	0.10	NUM
bpbj-155	109	166	%	%	NOUN
bpbj-155	109	167	nippon	nippon	PROPN
bpbj-155	109	168	paper	paper	NOUN
bpbj-155	109	169	industries	industry	NOUN
bpbj-155	109	170	2010	2010	NUM
bpbj-155	109	171	5.54	5.54	NUM
bpbj-155	109	172	%	%	NOUN
bpbj-155	109	173	1.59	1.59	NUM
bpbj-155	109	174	%	%	NOUN
bpbj-155	109	175	0.71	0.71	NUM
bpbj-155	109	176	%	%	NOUN
bpbj-155	109	177	2.89	2.89	NUM
bpbj-155	109	178	%	%	NOUN
bpbj-155	109	179	0.35	0.35	NUM
bpbj-155	109	180	%	%	NOUN
bpbj-155	109	181	nippon	nippon	PROPN
bpbj-155	109	182	paper	paper	NOUN
bpbj-155	109	183	industries	industry	NOUN
bpbj-155	109	184	2011	2011	NUM
bpbj-155	109	185	5.67	5.67	NUM
bpbj-155	109	186	%	%	NOUN
bpbj-155	109	187	1.62	1.62	NUM
bpbj-155	109	188	%	%	NOUN
bpbj-155	109	189	0.58	0.58	NUM
bpbj-155	109	190	%	%	NOUN
bpbj-155	109	191	3.24	3.24	NUM
bpbj-155	109	192	%	%	NOUN
bpbj-155	109	193	0.23	0.23	NUM
bpbj-155	109	194	%	%	NOUN
bpbj-155	109	195	nippon	nippon	PROPN
bpbj-155	109	196	paper	paper	NOUN
bpbj-155	109	197	industries	industry	NOUN
bpbj-155	109	198	2012	2012	NUM
bpbj-155	109	199	5.03	5.03	NUM
bpbj-155	109	200	%	%	NOUN
bpbj-155	109	201	2.12	2.12	NUM
bpbj-155	109	202	%	%	NOUN
bpbj-155	109	203	0.39	0.39	NUM
bpbj-155	109	204	%	%	NOUN
bpbj-155	109	205	2.32	2.32	NUM
bpbj-155	109	206	%	%	NOUN
bpbj-155	109	207	0.20	0.20	NUM
bpbj-155	109	208	%	%	NOUN
bpbj-155	109	209	nippon	nippon	PROPN
bpbj-155	109	210	paper	paper	NOUN
bpbj-155	109	211	industries	industry	NOUN
bpbj-155	109	212	2013	2013	NUM
bpbj-155	109	213	6.53	6.53	NUM
bpbj-155	109	214	%	%	NOUN
bpbj-155	109	215	2.42	2.42	NUM
bpbj-155	109	216	%	%	NOUN
bpbj-155	109	217	0.65	0.65	NUM
bpbj-155	109	218	%	%	NOUN
bpbj-155	109	219	3.20	3.20	NUM
bpbj-155	109	220	%	%	NOUN
bpbj-155	109	221	0.26	0.26	NUM
bpbj-155	109	222	%	%	NOUN
bpbj-155	109	223	nippon	nippon	PROPN
bpbj-155	109	224	paper	paper	NOUN
bpbj-155	109	225	industries	industry	NOUN
bpbj-155	109	226	2014	2014	NUM
bpbj-155	109	227	6.66	6.66	NUM
bpbj-155	109	228	%	%	NOUN
bpbj-155	109	229	2.17	2.17	NUM
bpbj-155	109	230	%	%	NOUN
bpbj-155	109	231	0.72	0.72	NUM
bpbj-155	109	232	%	%	NOUN
bpbj-155	109	233	3.48	3.48	NUM
bpbj-155	109	234	%	%	NOUN
bpbj-155	109	235	0.29	0.29	NUM
bpbj-155	109	236	%	%	NOUN
bpbj-155	109	237	nippon	nippon	PROPN
bpbj-155	109	238	paper	paper	NOUN
bpbj-155	109	239	industries	industry	NOUN
bpbj-155	109	240	2015	2015	NUM
bpbj-155	109	241	7.50	7.50	NUM
bpbj-155	109	242	%	%	NOUN
bpbj-155	109	243	1.80	1.80	NUM
bpbj-155	109	244	%	%	NOUN
bpbj-155	109	245	1.08	1.08	NUM
bpbj-155	109	246	%	%	NOUN
bpbj-155	109	247	4.40	4.40	NUM
bpbj-155	109	248	%	%	NOUN
bpbj-155	109	249	0.22	0.22	NUM
bpbj-155	109	250	%	%	NOUN
bpbj-155	109	251	nippon	nippon	PROPN
bpbj-155	109	252	paper	paper	NOUN
bpbj-155	109	253	industries	industry	NOUN
bpbj-155	109	254	2016	2016	NUM
bpbj-155	109	255	7.48	7.48	NUM
bpbj-155	109	256	%	%	NOUN
bpbj-155	109	257	2.07	2.07	NUM
bpbj-155	109	258	%	%	NOUN
bpbj-155	109	259	1.35	1.35	NUM
bpbj-155	109	260	%	%	NOUN
bpbj-155	109	261	3.90	3.90	NUM
bpbj-155	109	262	%	%	NOUN
bpbj-155	109	263	0.16	0.16	NUM
bpbj-155	109	264	%	%	NOUN
bpbj-155	109	265	nippon	nippon	PROPN
bpbj-155	109	266	paper	paper	NOUN
bpbj-155	109	267	industries	industry	NOUN
bpbj-155	109	268	2017	2017	NUM
bpbj-155	109	269	6.79	6.79	NUM
bpbj-155	109	270	%	%	NOUN
bpbj-155	109	271	2.09	2.09	NUM
bpbj-155	109	272	%	%	NOUN
bpbj-155	109	273	0.61	0.61	NUM
bpbj-155	109	274	%	%	NOUN
bpbj-155	109	275	4.00	4.00	NUM
bpbj-155	109	276	%	%	NOUN
bpbj-155	109	277	0.09	0.09	NUM
bpbj-155	109	278	%	%	NOUN
bpbj-155	109	279	rengo	rengo	PROPN
bpbj-155	109	280	co.	co.	PROPN
bpbj-155	109	281	ltd	ltd	PROPN
bpbj-155	109	282	.	.	PROPN
bpbj-155	109	283	2008	2008	NUM
bpbj-155	109	284	14.05	14.05	NUM
bpbj-155	109	285	%	%	NOUN
bpbj-155	109	286	10.32	10.32	NUM
bpbj-155	109	287	%	%	NOUN
bpbj-155	109	288	2.58	2.58	NUM
bpbj-155	109	289	%	%	NOUN
bpbj-155	109	290	0.29	0.29	NUM
bpbj-155	109	291	%	%	NOUN
bpbj-155	109	292	0.86	0.86	NUM
bpbj-155	109	293	%	%	NOUN
bpbj-155	109	294	rengo	rengo	PROPN
bpbj-155	109	295	co.	co.	PROPN
bpbj-155	109	296	ltd	ltd	PROPN
bpbj-155	109	297	.	.	PROPN
bpbj-155	109	298	2009	2009	NUM
bpbj-155	109	299	11.30	11.30	NUM
bpbj-155	109	300	%	%	NOUN
bpbj-155	109	301	6.78	6.78	NUM
bpbj-155	109	302	%	%	NOUN
bpbj-155	109	303	2.26	2.26	NUM
bpbj-155	109	304	%	%	NOUN
bpbj-155	109	305	1.41	1.41	NUM
bpbj-155	109	306	%	%	NOUN
bpbj-155	109	307	0.85	0.85	NUM
bpbj-155	109	308	%	%	NOUN
bpbj-155	109	309	rengo	rengo	PROPN
bpbj-155	109	310	co.	co.	PROPN
bpbj-155	109	311	ltd	ltd	PROPN
bpbj-155	109	312	.	.	PROPN
bpbj-155	109	313	2010	2010	NUM
bpbj-155	109	314	8.25	8.25	NUM
bpbj-155	109	315	%	%	NOUN
bpbj-155	109	316	5.41	5.41	NUM
bpbj-155	109	317	%	%	NOUN
bpbj-155	109	318	1.71	1.71	NUM
bpbj-155	109	319	%	%	NOUN
bpbj-155	109	320	0.85	0.85	NUM
bpbj-155	109	321	%	%	NOUN
bpbj-155	109	322	0.28	0.28	NUM
bpbj-155	109	323	%	%	NOUN
bpbj-155	109	324	rengo	rengo	PROPN
bpbj-155	109	325	co.	co.	PROPN
bpbj-155	109	326	ltd	ltd	PROPN
bpbj-155	109	327	.	.	PROPN
bpbj-155	109	328	2011	2011	NUM
bpbj-155	109	329	11.26	11.26	NUM
bpbj-155	109	330	%	%	NOUN
bpbj-155	109	331	7.36	7.36	NUM
bpbj-155	109	332	%	%	NOUN
bpbj-155	109	333	1.73	1.73	NUM
bpbj-155	109	334	%	%	NOUN
bpbj-155	109	335	1.52	1.52	NUM
bpbj-155	109	336	%	%	NOUN
bpbj-155	109	337	0.65	0.65	NUM
bpbj-155	109	338	%	%	NOUN
bpbj-155	109	339	rengo	rengo	PROPN
bpbj-155	109	340	co.	co.	PROPN
bpbj-155	109	341	ltd	ltd	PROPN
bpbj-155	109	342	.	.	PROPN
bpbj-155	109	343	2012	2012	NUM
bpbj-155	109	344	8.10	8.10	NUM
bpbj-155	109	345	%	%	NOUN
bpbj-155	109	346	4.66	4.66	NUM
bpbj-155	109	347	%	%	NOUN
bpbj-155	109	348	1.72	1.72	NUM
bpbj-155	109	349	%	%	NOUN
bpbj-155	109	350	1.23	1.23	NUM
bpbj-155	109	351	%	%	NOUN
bpbj-155	109	352	0.49	0.49	NUM
bpbj-155	109	353	%	%	NOUN
bpbj-155	109	354	rengo	rengo	PROPN
bpbj-155	109	355	co.	co.	PROPN
bpbj-155	109	356	ltd	ltd	PROPN
bpbj-155	109	357	.	.	PROPN
bpbj-155	109	358	2013	2013	NUM
bpbj-155	109	359	5.48	5.48	NUM
bpbj-155	109	360	%	%	NOUN
bpbj-155	109	361	3.02	3.02	NUM
bpbj-155	109	362	%	%	NOUN
bpbj-155	109	363	1.51	1.51	NUM
bpbj-155	109	364	%	%	NOUN
bpbj-155	109	365	0.76	0.76	NUM
bpbj-155	109	366	%	%	NOUN
bpbj-155	109	367	0.19	0.19	NUM
bpbj-155	109	368	%	%	NOUN
bpbj-155	109	369	rengo	rengo	PROPN
bpbj-155	109	370	co.	co.	PROPN
bpbj-155	109	371	ltd	ltd	PROPN
bpbj-155	109	372	.	.	PROPN
bpbj-155	109	373	2014	2014	NUM
bpbj-155	109	374	4.26	4.26	NUM
bpbj-155	109	375	%	%	NOUN
bpbj-155	109	376	2.41	2.41	NUM
bpbj-155	109	377	%	%	NOUN
bpbj-155	109	378	0.74	0.74	NUM
bpbj-155	109	379	%	%	NOUN
bpbj-155	109	380	0.74	0.74	NUM
bpbj-155	109	381	%	%	NOUN
bpbj-155	109	382	0.37	0.37	NUM
bpbj-155	109	383	%	%	NOUN
bpbj-155	109	384	rengo	rengo	PROPN
bpbj-155	109	385	co.	co.	PROPN
bpbj-155	109	386	ltd	ltd	PROPN
bpbj-155	109	387	.	.	PROPN
bpbj-155	109	388	2015	2015	NUM
bpbj-155	109	389	4.82	4.82	NUM
bpbj-155	109	390	%	%	NOUN
bpbj-155	109	391	2.93	2.93	NUM
bpbj-155	109	392	%	%	NOUN
bpbj-155	109	393	0.86	0.86	NUM
bpbj-155	109	394	%	%	NOUN
bpbj-155	109	395	0.69	0.69	NUM
bpbj-155	109	396	%	%	NOUN
bpbj-155	109	397	0.34	0.34	NUM
bpbj-155	109	398	%	%	NOUN
bpbj-155	109	399	rengo	rengo	PROPN
bpbj-155	109	400	co.	co.	PROPN
bpbj-155	109	401	ltd	ltd	PROPN
bpbj-155	109	402	.	.	PROPN
bpbj-155	109	403	2016	2016	NUM
bpbj-155	109	404	5.17	5.17	NUM
bpbj-155	109	405	%	%	NOUN
bpbj-155	109	406	3.10	3.10	NUM
bpbj-155	109	407	%	%	NOUN
bpbj-155	109	408	0.69	0.69	NUM
bpbj-155	109	409	%	%	NOUN
bpbj-155	109	410	1.21	1.21	NUM
bpbj-155	109	411	%	%	NOUN
bpbj-155	109	412	0.17	0.17	NUM
bpbj-155	109	413	%	%	NOUN
bpbj-155	109	414	rengo	rengo	PROPN
bpbj-155	109	415	co.	co.	PROPN
bpbj-155	109	416	ltd	ltd	PROPN
bpbj-155	109	417	.	.	PROPN
bpbj-155	109	418	2017	2017	NUM
bpbj-155	109	419	4.89	4.89	NUM
bpbj-155	109	420	%	%	NOUN
bpbj-155	109	421	3.06	3.06	NUM
bpbj-155	109	422	%	%	NOUN
bpbj-155	109	423	0.61	0.61	NUM
bpbj-155	109	424	%	%	NOUN
bpbj-155	109	425	1.07	1.07	NUM
bpbj-155	109	426	%	%	NOUN
bpbj-155	109	427	0.15	0.15	NUM
bpbj-155	109	428	%	%	NOUN
bpbj-155	109	429	daio	daio	NOUN
bpbj-155	109	430	paper	paper	NOUN
bpbj-155	109	431	cooperation	cooperation	NOUN
bpbj-155	109	432	2008	2008	NUM
bpbj-155	109	433	2.68	2.68	NUM
bpbj-155	109	434	%	%	NOUN
bpbj-155	109	435	1.48	1.48	NUM
bpbj-155	109	436	%	%	NOUN
bpbj-155	109	437	0.88	0.88	NUM
bpbj-155	109	438	%	%	NOUN
bpbj-155	109	439	0.16	0.16	NUM
bpbj-155	109	440	%	%	NOUN
bpbj-155	109	441	0.16	0.16	NUM
bpbj-155	109	442	%	%	NOUN
bpbj-155	109	443	daio	daio	NOUN
bpbj-155	109	444	paper	paper	NOUN
bpbj-155	109	445	cooperation	cooperation	NOUN
bpbj-155	109	446	2009	2009	NUM
bpbj-155	109	447	11.72	11.72	NUM
bpbj-155	109	448	%	%	NOUN
bpbj-155	109	449	7.42	7.42	NUM
bpbj-155	109	450	%	%	NOUN
bpbj-155	109	451	2.93	2.93	NUM
bpbj-155	109	452	%	%	NOUN
bpbj-155	109	453	0.78	0.78	NUM
bpbj-155	109	454	%	%	NOUN
bpbj-155	109	455	0.59	0.59	NUM
bpbj-155	109	456	%	%	NOUN
bpbj-155	109	457	daio	daio	NOUN
bpbj-155	109	458	paper	paper	NOUN
bpbj-155	109	459	cooperation	cooperation	NOUN
bpbj-155	109	460	2010	2010	NUM
bpbj-155	109	461	12.47	12.47	NUM
bpbj-155	109	462	%	%	NOUN
bpbj-155	109	463	7.05	7.05	NUM
bpbj-155	109	464	%	%	NOUN
bpbj-155	109	465	3.25	3.25	NUM
bpbj-155	109	466	%	%	NOUN
bpbj-155	109	467	1.36	1.36	NUM
bpbj-155	109	468	%	%	NOUN
bpbj-155	109	469	0.81	0.81	NUM
bpbj-155	109	470	%	%	NOUN
bpbj-155	109	471	daio	daio	NOUN
bpbj-155	109	472	paper	paper	NOUN
bpbj-155	109	473	cooperation	cooperation	NOUN
bpbj-155	109	474	2011	2011	NUM
bpbj-155	109	475	12.11	12.11	NUM
bpbj-155	109	476	%	%	NOUN
bpbj-155	109	477	7.96	7.96	NUM
bpbj-155	109	478	%	%	NOUN
bpbj-155	109	479	2.08	2.08	NUM
bpbj-155	109	480	%	%	NOUN
bpbj-155	109	481	1.38	1.38	NUM
bpbj-155	109	482	%	%	NOUN
bpbj-155	109	483	0.69	0.69	NUM
bpbj-155	109	484	%	%	NOUN
bpbj-155	109	485	daio	daio	NOUN
bpbj-155	109	486	paper	paper	NOUN
bpbj-155	109	487	cooperation	cooperation	NOUN
bpbj-155	109	488	2012	2012	NUM
bpbj-155	109	489	7.94	7.94	NUM
bpbj-155	109	490	%	%	NOUN
bpbj-155	109	491	4.11	4.11	NUM
bpbj-155	109	492	%	%	NOUN
bpbj-155	109	493	2.74	2.74	NUM
bpbj-155	109	494	%	%	NOUN
bpbj-155	109	495	0.27	0.27	NUM
bpbj-155	109	496	%	%	NOUN
bpbj-155	109	497	0.82	0.82	NUM
bpbj-155	109	498	%	%	NOUN
bpbj-155	109	499	daio	daio	NOUN
bpbj-155	109	500	paper	paper	NOUN
bpbj-155	109	501	cooperation	cooperation	NOUN
bpbj-155	109	502	2013	2013	NUM
bpbj-155	109	503	7.28	7.28	NUM
bpbj-155	109	504	%	%	NOUN
bpbj-155	109	505	3.64	3.64	NUM
bpbj-155	109	506	%	%	NOUN
bpbj-155	109	507	2.34	2.34	NUM
bpbj-155	109	508	%	%	NOUN
bpbj-155	109	509	0.52	0.52	NUM
bpbj-155	109	510	%	%	NOUN
bpbj-155	109	511	0.78	0.78	NUM
bpbj-155	109	512	%	%	NOUN
bpbj-155	109	513	daio	daio	NOUN
bpbj-155	109	514	paper	paper	NOUN
bpbj-155	109	515	cooperation	cooperation	NOUN
bpbj-155	109	516	2014	2014	NUM
bpbj-155	109	517	5.22	5.22	NUM
bpbj-155	109	518	%	%	NOUN
bpbj-155	109	519	2.80	2.80	NUM
bpbj-155	109	520	%	%	NOUN
bpbj-155	109	521	1.49	1.49	NUM
bpbj-155	109	522	%	%	NOUN
bpbj-155	109	523	0.37	0.37	NUM
bpbj-155	109	524	%	%	NOUN
bpbj-155	109	525	0.56	0.56	NUM
bpbj-155	109	526	%	%	NOUN
bpbj-155	109	527	daio	daio	NOUN
bpbj-155	109	528	paper	paper	NOUN
bpbj-155	109	529	cooperation	cooperation	NOUN
bpbj-155	109	530	2015	2015	NUM
bpbj-155	109	531	4.94	4.94	NUM
bpbj-155	109	532	%	%	NOUN
bpbj-155	109	533	2.84	2.84	NUM
bpbj-155	109	534	%	%	NOUN
bpbj-155	109	535	1.20	1.20	NUM
bpbj-155	109	536	%	%	NOUN
bpbj-155	109	537	0.45	0.45	NUM
bpbj-155	109	538	%	%	NOUN
bpbj-155	109	539	0.45	0.45	NUM
bpbj-155	109	540	%	%	NOUN
bpbj-155	109	541	daio	daio	NOUN
bpbj-155	109	542	paper	paper	NOUN
bpbj-155	109	543	cooperation	cooperation	NOUN
bpbj-155	109	544	2016	2016	NUM
bpbj-155	109	545	6.71	6.71	NUM
bpbj-155	109	546	%	%	NOUN
bpbj-155	109	547	3.56	3.56	NUM
bpbj-155	109	548	%	%	NOUN
bpbj-155	109	549	1.47	1.47	NUM
bpbj-155	109	550	%	%	NOUN
bpbj-155	109	551	0.84	0.84	NUM
bpbj-155	109	552	%	%	NOUN
bpbj-155	109	553	0.84	0.84	NUM
bpbj-155	109	554	%	%	NOUN
bpbj-155	109	555	daio	daio	NOUN
bpbj-155	109	556	paper	paper	NOUN
bpbj-155	109	557	cooperation	cooperation	NOUN
bpbj-155	109	558	2017	2017	NUM
bpbj-155	109	559	2.08	2.08	NUM
bpbj-155	109	560	%	%	NOUN
bpbj-155	109	561	0.52	0.52	NUM
bpbj-155	109	562	%	%	NOUN
bpbj-155	109	563	1.30	1.30	NUM
bpbj-155	109	564	%	%	NOUN
bpbj-155	109	565	0.26	0.26	NUM
bpbj-155	109	566	%	%	NOUN
bpbj-155	109	567	0.00	0.00	NUM
bpbj-155	109	568	%	%	NOUN
bpbj-155	109	569	hokuetsu	hokuetsu	ADJ
bpbj-155	109	570	cooperation	cooperation	NOUN
bpbj-155	109	571	2008	2008	NUM
bpbj-155	109	572	2.89	2.89	NUM
bpbj-155	109	573	%	%	NOUN
bpbj-155	109	574	0.28	0.28	NUM
bpbj-155	109	575	%	%	NOUN
bpbj-155	109	576	0.74	0.74	NUM
bpbj-155	109	577	%	%	NOUN
bpbj-155	109	578	1.40	1.40	NUM
bpbj-155	109	579	%	%	NOUN
bpbj-155	109	580	0.47	0.47	NUM
bpbj-155	109	581	%	%	NOUN
bpbj-155	109	582	hokuetsu	hokuetsu	ADJ
bpbj-155	109	583	cooperation	cooperation	NOUN
bpbj-155	109	584	2009	2009	NUM
bpbj-155	109	585	3.71	3.71	NUM
bpbj-155	109	586	%	%	NOUN
bpbj-155	109	587	2.23	2.23	NUM
bpbj-155	109	588	%	%	NOUN
bpbj-155	109	589	0.37	0.37	NUM
bpbj-155	109	590	%	%	NOUN
bpbj-155	109	591	0.74	0.74	NUM
bpbj-155	109	592	%	%	NOUN
bpbj-155	109	593	0.37	0.37	NUM
bpbj-155	109	594	%	%	NOUN
bpbj-155	109	595	hokuetsu	hokuetsu	ADJ
bpbj-155	109	596	cooperation	cooperation	NOUN
bpbj-155	109	597	2010	2010	NUM
bpbj-155	109	598	1.72	1.72	NUM
bpbj-155	109	599	%	%	NOUN
bpbj-155	109	600	0.60	0.60	NUM
bpbj-155	109	601	%	%	NOUN
bpbj-155	109	602	0.26	0.26	NUM
bpbj-155	109	603	%	%	NOUN
bpbj-155	109	604	0.52	0.52	NUM
bpbj-155	109	605	%	%	NOUN
bpbj-155	109	606	0.34	0.34	NUM
bpbj-155	109	607	%	%	NOUN
bpbj-155	109	608	hokuetsu	hokuetsu	ADJ
bpbj-155	109	609	cooperation	cooperation	NOUN
bpbj-155	109	610	2011	2011	NUM
bpbj-155	109	611	1.40	1.40	NUM
bpbj-155	109	612	%	%	NOUN
bpbj-155	109	613	0.60	0.60	NUM
bpbj-155	109	614	%	%	NOUN
bpbj-155	109	615	0.30	0.30	NUM
bpbj-155	109	616	%	%	NOUN
bpbj-155	109	617	0.50	0.50	NUM
bpbj-155	109	618	%	%	NOUN
bpbj-155	109	619	0.00	0.00	NUM
bpbj-155	109	620	%	%	NOUN
bpbj-155	109	621	hokuetsu	hokuetsu	ADJ
bpbj-155	109	622	cooperation	cooperation	NOUN
bpbj-155	109	623	2012	2012	NUM
bpbj-155	109	624	5.80	5.80	NUM
bpbj-155	109	625	%	%	NOUN
bpbj-155	109	626	3.25	3.25	NUM
bpbj-155	109	627	%	%	NOUN
bpbj-155	109	628	1.39	1.39	NUM
bpbj-155	109	629	%	%	NOUN
bpbj-155	109	630	0.93	0.93	NUM
bpbj-155	109	631	%	%	NOUN
bpbj-155	109	632	0.23	0.23	NUM
bpbj-155	109	633	%	%	NOUN
bpbj-155	109	634	hokuetsu	hokuetsu	ADJ
bpbj-155	109	635	cooperation	cooperation	NOUN
bpbj-155	109	636	2013	2013	NUM
bpbj-155	109	637	2.66	2.66	NUM
bpbj-155	109	638	%	%	NOUN
bpbj-155	109	639	0.83	0.83	NUM
bpbj-155	109	640	%	%	NOUN
bpbj-155	109	641	0.66	0.66	NUM
bpbj-155	109	642	%	%	NOUN
bpbj-155	109	643	1.00	1.00	NUM
bpbj-155	109	644	%	%	NOUN
bpbj-155	109	645	0.17	0.17	NUM
bpbj-155	109	646	%	%	NOUN
bpbj-155	109	647	hokuetsu	hokuetsu	ADJ
bpbj-155	109	648	cooperation	cooperation	NOUN
bpbj-155	109	649	2014	2014	NUM
bpbj-155	109	650	0.37	0.37	NUM
bpbj-155	109	651	%	%	NOUN
bpbj-155	109	652	0.11	0.11	NUM
bpbj-155	109	653	%	%	NOUN
bpbj-155	109	654	0.15	0.15	NUM
bpbj-155	109	655	%	%	NOUN
bpbj-155	109	656	0.11	0.11	NUM
bpbj-155	109	657	%	%	NOUN
bpbj-155	109	658	0.00	0.00	NUM
bpbj-155	109	659	%	%	NOUN
bpbj-155	109	660	hokuetsu	hokuetsu	ADJ
bpbj-155	109	661	cooperation	cooperation	NOUN
bpbj-155	109	662	2015	2015	NUM
bpbj-155	109	663	0.55	0.55	NUM
bpbj-155	109	664	%	%	NOUN
bpbj-155	109	665	0.13	0.13	NUM
bpbj-155	109	666	%	%	NOUN
bpbj-155	109	667	0.21	0.21	NUM
bpbj-155	109	668	%	%	NOUN
bpbj-155	109	669	0.21	0.21	NUM
bpbj-155	109	670	%	%	NOUN
bpbj-155	109	671	0.00	0.00	NUM
bpbj-155	109	672	%	%	NOUN
bpbj-155	109	673	hokuetsu	hokuetsu	ADJ
bpbj-155	109	674	cooperation	cooperation	NOUN
bpbj-155	109	675	2016	2016	NUM
bpbj-155	109	676	0.44	0.44	NUM
bpbj-155	109	677	%	%	NOUN
bpbj-155	109	678	0.12	0.12	NUM
bpbj-155	109	679	%	%	NOUN
bpbj-155	109	680	0.16	0.16	NUM
bpbj-155	109	681	%	%	NOUN
bpbj-155	109	682	0.16	0.16	NUM
bpbj-155	109	683	%	%	NOUN
bpbj-155	109	684	0.00	0.00	NUM
bpbj-155	109	685	%	%	NOUN
bpbj-155	109	686	hokuetsu	hokuetsu	ADJ
bpbj-155	109	687	cooperation	cooperation	NOUN
bpbj-155	109	688	2017	2017	NUM
bpbj-155	109	689	1.21	1.21	NUM
bpbj-155	109	690	%	%	NOUN
bpbj-155	109	691	0.27	0.27	NUM
bpbj-155	109	692	%	%	NOUN
bpbj-155	109	693	0.54	0.54	NUM
bpbj-155	109	694	%	%	NOUN
bpbj-155	109	695	0.40	0.40	NUM
bpbj-155	109	696	%	%	NOUN
bpbj-155	109	697	0.00	0.00	NUM
bpbj-155	109	698	%	%	NOUN
bpbj-155	109	699	mitsubishi	mitsubishi	PROPN
bpbj-155	109	700	paper	paper	PROPN
bpbj-155	109	701	mills	mills	PROPN
bpbj-155	109	702	ltd	ltd	PROPN
bpbj-155	109	703	.	.	PROPN
bpbj-155	109	704	2008	2008	NUM
bpbj-155	110	1	3.73	3.73	NUM
bpbj-155	110	2	%	%	NOUN
bpbj-155	110	3	1.87	1.87	NUM
bpbj-155	110	4	%	%	NOUN
bpbj-155	110	5	0.41	0.41	NUM
bpbj-155	110	6	%	%	NOUN
bpbj-155	110	7	1.04	1.04	NUM
bpbj-155	110	8	%	%	NOUN
bpbj-155	110	9	0.41	0.41	NUM
bpbj-155	110	10	%	%	NOUN
bpbj-155	110	11	mitsubishi	mitsubishi	PROPN
bpbj-155	110	12	paper	paper	PROPN
bpbj-155	110	13	mills	mills	PROPN
bpbj-155	110	14	ltd	ltd	PROPN
bpbj-155	110	15	.	.	PROPN
bpbj-155	110	16	2009	2009	NUM
bpbj-155	110	17	6.62	6.62	NUM
bpbj-155	110	18	%	%	NOUN
bpbj-155	110	19	0.33	0.33	NUM
bpbj-155	110	20	%	%	NOUN
bpbj-155	110	21	0.33	0.33	NUM
bpbj-155	110	22	%	%	NOUN
bpbj-155	110	23	5.63	5.63	NUM
bpbj-155	110	24	%	%	NOUN
bpbj-155	110	25	0.33	0.33	NUM
bpbj-155	110	26	%	%	NOUN
bpbj-155	110	27	mitsubishi	mitsubishi	PROPN
bpbj-155	110	28	paper	paper	PROPN
bpbj-155	110	29	mills	mills	PROPN
bpbj-155	110	30	ltd	ltd	PROPN
bpbj-155	110	31	.	.	PROPN
bpbj-155	110	32	2010	2010	NUM
bpbj-155	110	33	3.22	3.22	NUM
bpbj-155	110	34	%	%	NOUN
bpbj-155	110	35	0.40	0.40	NUM
bpbj-155	110	36	%	%	NOUN
bpbj-155	110	37	0.20	0.20	NUM
bpbj-155	110	38	%	%	NOUN
bpbj-155	110	39	2.62	2.62	NUM
bpbj-155	110	40	%	%	NOUN
bpbj-155	110	41	0.00	0.00	NUM
bpbj-155	110	42	%	%	NOUN
bpbj-155	110	43	mitsubishi	mitsubishi	PROPN
bpbj-155	110	44	paper	paper	PROPN
bpbj-155	110	45	mills	mills	PROPN
bpbj-155	110	46	ltd	ltd	PROPN
bpbj-155	110	47	.	.	PROPN
bpbj-155	110	48	2011	2011	NUM
bpbj-155	110	49	3.43	3.43	NUM
bpbj-155	110	50	%	%	NOUN
bpbj-155	110	51	0.14	0.14	NUM
bpbj-155	110	52	%	%	NOUN
bpbj-155	110	53	0.29	0.29	NUM
bpbj-155	110	54	%	%	NOUN
bpbj-155	110	55	2.57	2.57	NUM
bpbj-155	110	56	%	%	NOUN
bpbj-155	110	57	0.43	0.43	NUM
bpbj-155	110	58	%	%	NOUN
bpbj-155	110	59	mitsubishi	mitsubishi	PROPN
bpbj-155	110	60	paper	paper	PROPN
bpbj-155	110	61	mills	mills	PROPN
bpbj-155	110	62	ltd	ltd	PROPN
bpbj-155	110	63	.	.	PROPN
bpbj-155	110	64	2012	2012	NUM
bpbj-155	110	65	4.60	4.60	NUM
bpbj-155	110	66	%	%	NOUN
bpbj-155	110	67	1.06	1.06	NUM
bpbj-155	110	68	%	%	NOUN
bpbj-155	110	69	0.53	0.53	NUM
bpbj-155	110	70	%	%	NOUN
bpbj-155	110	71	2.30	2.30	NUM
bpbj-155	110	72	%	%	NOUN
bpbj-155	110	73	0.71	0.71	NUM
bpbj-155	110	74	%	%	NOUN
bpbj-155	110	75	mitsubishi	mitsubishi	PROPN
bpbj-155	110	76	paper	paper	PROPN
bpbj-155	110	77	mills	mills	PROPN
bpbj-155	110	78	ltd	ltd	PROPN
bpbj-155	110	79	.	.	PROPN
bpbj-155	110	80	2013	2013	NUM
bpbj-155	110	81	4.85	4.85	NUM
bpbj-155	110	82	%	%	NOUN
bpbj-155	110	83	0.75	0.75	NUM
bpbj-155	110	84	%	%	NOUN
bpbj-155	110	85	0.37	0.37	NUM
bpbj-155	110	86	%	%	NOUN
bpbj-155	110	87	3.17	3.17	NUM
bpbj-155	110	88	%	%	NOUN
bpbj-155	110	89	0.56	0.56	NUM
bpbj-155	110	90	%	%	NOUN
bpbj-155	110	91	mitsubishi	mitsubishi	PROPN
bpbj-155	110	92	paper	paper	PROPN
bpbj-155	110	93	mills	mills	PROPN
bpbj-155	110	94	ltd	ltd	PROPN
bpbj-155	110	95	.	.	PROPN
bpbj-155	110	96	2014	2014	NUM
bpbj-155	110	97	3.78	3.78	NUM
bpbj-155	110	98	%	%	NOUN
bpbj-155	110	99	0.22	0.22	NUM
bpbj-155	110	100	%	%	NOUN
bpbj-155	110	101	0.22	0.22	NUM
bpbj-155	110	102	%	%	NOUN
bpbj-155	110	103	2.67	2.67	NUM
bpbj-155	110	104	%	%	NOUN
bpbj-155	110	105	0.67	0.67	NUM
bpbj-155	110	106	%	%	NOUN
bpbj-155	110	107	mitsubishi	mitsubishi	PROPN
bpbj-155	110	108	paper	paper	PROPN
bpbj-155	110	109	mills	mills	PROPN
bpbj-155	110	110	ltd	ltd	PROPN
bpbj-155	110	111	.	.	PROPN
bpbj-155	110	112	2015	2015	NUM
bpbj-155	110	113	3.51	3.51	NUM
bpbj-155	110	114	%	%	NOUN
bpbj-155	110	115	0.32	0.32	NUM
bpbj-155	110	116	%	%	NOUN
bpbj-155	110	117	0.32	0.32	NUM
bpbj-155	110	118	%	%	NOUN
bpbj-155	110	119	2.39	2.39	NUM
bpbj-155	110	120	%	%	NOUN
bpbj-155	110	121	0.48	0.48	NUM
bpbj-155	110	122	%	%	NOUN
bpbj-155	110	123	mitsubishi	mitsubishi	PROPN
bpbj-155	110	124	paper	paper	PROPN
bpbj-155	110	125	mills	mills	PROPN
bpbj-155	110	126	ltd	ltd	PROPN
bpbj-155	110	127	.	.	PROPN
bpbj-155	110	128	2016	2016	NUM
bpbj-155	110	129	3.02	3.02	NUM
bpbj-155	110	130	%	%	NOUN
bpbj-155	110	131	0.40	0.40	NUM
bpbj-155	110	132	%	%	NOUN
bpbj-155	110	133	0.20	0.20	NUM
bpbj-155	110	134	%	%	NOUN
bpbj-155	110	135	2.22	2.22	NUM
bpbj-155	110	136	%	%	NOUN
bpbj-155	110	137	0.20	0.20	NUM
bpbj-155	110	138	%	%	NOUN
bpbj-155	110	139	mitsubishi	mitsubishi	PROPN
bpbj-155	110	140	paper	paper	PROPN
bpbj-155	110	141	mills	mills	PROPN
bpbj-155	110	142	ltd	ltd	PROPN
bpbj-155	110	143	.	.	PROPN
bpbj-155	110	144	2017	2017	NUM
bpbj-155	110	145	2.32	2.32	NUM
bpbj-155	110	146	%	%	NOUN
bpbj-155	110	147	0.19	0.19	NUM
bpbj-155	110	148	%	%	NOUN
bpbj-155	110	149	0.39	0.39	NUM
bpbj-155	110	150	%	%	NOUN
bpbj-155	110	151	1.55	1.55	NUM
bpbj-155	110	152	%	%	NOUN
bpbj-155	110	153	0.19	0.19	NUM
bpbj-155	110	154	%	%	NOUN
bpbj-155	110	155	nagasaka	nagasaka	ADV
bpbj-155	110	156	and	and	CCONJ
bpbj-155	110	157	inoue	inoue	PROPN
bpbj-155	110	158	—	—	PUNCT
bpbj-155	110	159	information	information	NOUN
bpbj-155	110	160	disclosure	disclosure	NOUN
bpbj-155	110	161	on	on	ADP
bpbj-155	110	162	environmental	environmental	ADJ
bpbj-155	110	163	activities	activity	NOUN
bpbj-155	110	164	and	and	CCONJ
bpbj-155	110	165	corporate	corporate	ADJ
bpbj-155	110	166	values	value	NOUN
bpbj-155	110	167	of	of	ADP
bpbj-155	110	168	pulp	pulp	NOUN
bpbj-155	110	169	and	and	CCONJ
bpbj-155	110	170	paper	paper	NOUN
bpbj-155	110	171	firms	firm	NOUN
bpbj-155	110	172	in	in	ADP
bpbj-155	110	173	japan	japan	PROPN
bpbj-155	110	174	25	25	NUM
bpbj-155	110	175	munication	munication	NOUN
bpbj-155	110	176	strategies	strategy	NOUN
bpbj-155	110	177	on	on	ADP
bpbj-155	110	178	environmental	environmental	ADJ
bpbj-155	110	179	issues	issue	NOUN
bpbj-155	110	180	during	during	ADP
bpbj-155	110	181	this	this	DET
bpbj-155	110	182	period	period	NOUN
bpbj-155	110	183	.	.	PUNCT
bpbj-155	111	1	focusing	focus	VERB
bpbj-155	111	2	on	on	ADP
bpbj-155	111	3	the	the	DET
bpbj-155	111	4	trend	trend	NOUN
bpbj-155	111	5	of	of	ADP
bpbj-155	111	6	each	each	DET
bpbj-155	111	7	gri	gri	PROPN
bpbj-155	111	8	score	score	NOUN
bpbj-155	111	9	,	,	PUNCT
bpbj-155	111	10	this	this	DET
bpbj-155	111	11	study	study	NOUN
bpbj-155	111	12	finds	find	VERB
bpbj-155	111	13	that	that	SCONJ
bpbj-155	111	14	communication	communication	NOUN
bpbj-155	111	15	strategies	strategy	NOUN
bpbj-155	111	16	for	for	ADP
bpbj-155	111	17	environmental	environmental	ADJ
bpbj-155	111	18	information	information	NOUN
bpbj-155	111	19	differ	differ	VERB
bpbj-155	111	20	among	among	ADP
bpbj-155	111	21	firms	firm	NOUN
bpbj-155	111	22	.	.	PUNCT
bpbj-155	112	1	for	for	ADP
bpbj-155	112	2	instance	instance	NOUN
bpbj-155	112	3	,	,	PUNCT
bpbj-155	112	4	nippon	nippon	PROPN
bpbj-155	112	5	paper	paper	PROPN
bpbj-155	112	6	and	and	CCONJ
bpbj-155	112	7	mitsubishi	mitsubishi	PROPN
bpbj-155	112	8	have	have	AUX
bpbj-155	112	9	shown	show	VERB
bpbj-155	112	10	great	great	ADJ
bpbj-155	112	11	interest	interest	NOUN
bpbj-155	112	12	in	in	ADP
bpbj-155	112	13	disclosing	disclose	VERB
bpbj-155	112	14	information	information	NOUN
bpbj-155	112	15	on	on	ADP
bpbj-155	112	16	biodiversity	biodiversity	NOUN
bpbj-155	112	17	.	.	PUNCT
bpbj-155	113	1	conversely	conversely	ADV
bpbj-155	113	2	,	,	PUNCT
bpbj-155	113	3	oji	oji	PROPN
bpbj-155	113	4	displayed	display	VERB
bpbj-155	113	5	all	all	DET
bpbj-155	113	6	four	four	NUM
bpbj-155	113	7	types	type	NOUN
bpbj-155	113	8	of	of	ADP
bpbj-155	113	9	environmental	environmental	ADJ
bpbj-155	113	10	information	information	NOUN
bpbj-155	113	11	with	with	ADP
bpbj-155	113	12	a	a	DET
bpbj-155	113	13	balance	balance	NOUN
bpbj-155	113	14	.	.	PUNCT
bpbj-155	114	1	the	the	DET
bpbj-155	114	2	sdgs	sdgs	NOUN
bpbj-155	114	3	launched	launch	VERB
bpbj-155	114	4	in	in	ADP
bpbj-155	114	5	2015	2015	NUM
bpbj-155	114	6	did	do	AUX
bpbj-155	114	7	not	not	PART
bpbj-155	114	8	affect	affect	VERB
bpbj-155	114	9	the	the	DET
bpbj-155	114	10	tendency	tendency	NOUN
bpbj-155	114	11	of	of	ADP
bpbj-155	114	12	the	the	DET
bpbj-155	114	13	gri	gri	PROPN
bpbj-155	114	14	rates	rate	NOUN
bpbj-155	114	15	of	of	ADP
bpbj-155	114	16	all	all	DET
bpbj-155	114	17	firms	firm	NOUN
bpbj-155	114	18	until	until	ADP
bpbj-155	114	19	2017	2017	NUM
bpbj-155	114	20	,	,	PUNCT
bpbj-155	114	21	although	although	SCONJ
bpbj-155	114	22	all	all	DET
bpbj-155	114	23	six	six	NUM
bpbj-155	114	24	firms	firm	NOUN
bpbj-155	114	25	mentioned	mention	VERB
bpbj-155	114	26	the	the	DET
bpbj-155	114	27	sdgs	sdgs	NOUN
bpbj-155	114	28	and	and	CCONJ
bpbj-155	114	29	their	their	PRON
bpbj-155	114	30	business	business	NOUN
bpbj-155	114	31	activities	activity	NOUN
bpbj-155	114	32	in	in	ADP
bpbj-155	114	33	their	their	PRON
bpbj-155	114	34	non	non	ADJ
bpbj-155	114	35	-	-	ADJ
bpbj-155	114	36	financial	financial	ADJ
bpbj-155	114	37	reports	report	NOUN
bpbj-155	114	38	published	publish	VERB
bpbj-155	114	39	in	in	ADP
bpbj-155	114	40	2017	2017	NUM
bpbj-155	114	41	.	.	PUNCT
bpbj-155	115	1	this	this	PRON
bpbj-155	115	2	is	be	AUX
bpbj-155	115	3	a	a	DET
bpbj-155	115	4	critical	critical	ADJ
bpbj-155	115	5	point	point	NOUN
bpbj-155	115	6	to	to	PART
bpbj-155	115	7	determine	determine	VERB
bpbj-155	115	8	whether	whether	SCONJ
bpbj-155	115	9	sdg	sdg	NOUN
bpbj-155	115	10	-	-	PUNCT
bpbj-155	115	11	related	relate	VERB
bpbj-155	115	12	issues	issue	NOUN
bpbj-155	115	13	would	would	AUX
bpbj-155	115	14	influence	influence	VERB
bpbj-155	115	15	the	the	DET
bpbj-155	115	16	future	future	ADJ
bpbj-155	115	17	reports	report	NOUN
bpbj-155	115	18	of	of	ADP
bpbj-155	115	19	wood	wood	NOUN
bpbj-155	115	20	product	product	NOUN
bpbj-155	115	21	firms	firm	NOUN
bpbj-155	115	22	in	in	ADP
bpbj-155	115	23	japan	japan	PROPN
bpbj-155	115	24	.	.	PUNCT
bpbj-155	116	1	as	as	ADP
bpbj-155	116	2	a	a	DET
bpbj-155	116	3	result	result	NOUN
bpbj-155	116	4	,	,	PUNCT
bpbj-155	116	5	a	a	DET
bpbj-155	116	6	table	table	NOUN
bpbj-155	116	7	of	of	ADP
bpbj-155	116	8	descriptive	descriptive	ADJ
bpbj-155	116	9	statistics	statistic	NOUN
bpbj-155	116	10	was	be	AUX
bpbj-155	116	11	set	set	VERB
bpbj-155	116	12	up	up	ADP
bpbj-155	116	13	in	in	ADP
bpbj-155	116	14	table	table	NOUN
bpbj-155	116	15	3	3	NUM
bpbj-155	116	16	.	.	PUNCT
bpbj-155	116	17	table	table	NOUN
bpbj-155	116	18	4	4	NUM
bpbj-155	116	19	shows	show	VERB
bpbj-155	116	20	the	the	DET
bpbj-155	116	21	coefficient	coefficient	NOUN
bpbj-155	116	22	β	β	NOUN
bpbj-155	116	23	that	that	PRON
bpbj-155	116	24	indicates	indicate	VERB
bpbj-155	116	25	the	the	DET
bpbj-155	116	26	impacts	impact	NOUN
bpbj-155	116	27	on	on	ADP
bpbj-155	116	28	the	the	DET
bpbj-155	116	29	corporate	corporate	ADJ
bpbj-155	116	30	values	value	NOUN
bpbj-155	116	31	as	as	SCONJ
bpbj-155	116	32	explained	explain	VERB
bpbj-155	116	33	variables	variable	NOUN
bpbj-155	116	34	in	in	ADP
bpbj-155	116	35	response	response	NOUN
bpbj-155	116	36	to	to	ADP
bpbj-155	116	37	the	the	DET
bpbj-155	116	38	changes	change	NOUN
bpbj-155	116	39	of	of	ADP
bpbj-155	116	40	the	the	DET
bpbj-155	116	41	total	total	ADJ
bpbj-155	116	42	gri	gri	PROPN
bpbj-155	116	43	rates	rate	NOUN
bpbj-155	116	44	as	as	ADP
bpbj-155	116	45	an	an	DET
bpbj-155	116	46	explanatory	explanatory	ADJ
bpbj-155	116	47	variable	variable	NOUN
bpbj-155	116	48	.	.	PUNCT
bpbj-155	117	1	the	the	DET
bpbj-155	117	2	results	result	NOUN
bpbj-155	117	3	indicate	indicate	VERB
bpbj-155	117	4	that	that	SCONJ
bpbj-155	117	5	all	all	DET
bpbj-155	117	6	the	the	DET
bpbj-155	117	7	coefficients	coefficient	NOUN
bpbj-155	117	8	have	have	VERB
bpbj-155	117	9	positive	positive	ADJ
bpbj-155	117	10	impacts	impact	NOUN
bpbj-155	117	11	with	with	ADP
bpbj-155	117	12	sufficient	sufficient	ADJ
bpbj-155	117	13	significance	significance	NOUN
bpbj-155	117	14	.	.	PUNCT
bpbj-155	118	1	this	this	PRON
bpbj-155	118	2	clarifies	clarify	VERB
bpbj-155	118	3	that	that	SCONJ
bpbj-155	118	4	the	the	DET
bpbj-155	118	5	gri	gri	PROPN
bpbj-155	118	6	rate	rate	NOUN
bpbj-155	118	7	plays	play	VERB
bpbj-155	118	8	a	a	DET
bpbj-155	118	9	key	key	ADJ
bpbj-155	118	10	role	role	NOUN
bpbj-155	118	11	in	in	ADP
bpbj-155	118	12	the	the	DET
bpbj-155	118	13	environmental	environmental	ADJ
bpbj-155	118	14	information	information	NOUN
bpbj-155	118	15	disclosure	disclosure	NOUN
bpbj-155	118	16	strategies	strategy	NOUN
bpbj-155	118	17	of	of	ADP
bpbj-155	118	18	pulp	pulp	NOUN
bpbj-155	118	19	and	and	CCONJ
bpbj-155	118	20	paper	paper	NOUN
bpbj-155	118	21	firms	firm	NOUN
bpbj-155	118	22	in	in	ADP
bpbj-155	118	23	japan	japan	PROPN
bpbj-155	118	24	.	.	PUNCT
bpbj-155	119	1	regarding	regard	VERB
bpbj-155	119	2	the	the	DET
bpbj-155	119	3	time	time	NOUN
bpbj-155	119	4	lag	lag	NOUN
bpbj-155	119	5	of	of	ADP
bpbj-155	119	6	the	the	DET
bpbj-155	119	7	explained	explain	VERB
bpbj-155	119	8	variables	variable	NOUN
bpbj-155	119	9	,	,	PUNCT
bpbj-155	119	10	there	there	PRON
bpbj-155	119	11	was	be	VERB
bpbj-155	119	12	little	little	ADJ
bpbj-155	119	13	gap	gap	NOUN
bpbj-155	119	14	between	between	ADP
bpbj-155	119	15	the	the	DET
bpbj-155	119	16	three	three	NUM
bpbj-155	119	17	pairs	pair	NOUN
bpbj-155	119	18	:	:	PUNCT
bpbj-155	119	19	the	the	DET
bpbj-155	119	20	same	same	ADJ
bpbj-155	119	21	year	year	NOUN
bpbj-155	119	22	,	,	PUNCT
bpbj-155	119	23	the	the	DET
bpbj-155	119	24	next	next	ADJ
bpbj-155	119	25	year	year	NOUN
bpbj-155	119	26	,	,	PUNCT
bpbj-155	119	27	and	and	CCONJ
bpbj-155	119	28	two	two	NUM
bpbj-155	119	29	years	year	NOUN
bpbj-155	119	30	later	later	ADV
bpbj-155	119	31	.	.	PUNCT
bpbj-155	120	1	this	this	DET
bpbj-155	120	2	result	result	NOUN
bpbj-155	120	3	indicates	indicate	VERB
bpbj-155	120	4	that	that	SCONJ
bpbj-155	120	5	,	,	PUNCT
bpbj-155	120	6	at	at	ADP
bpbj-155	120	7	a	a	DET
bpbj-155	120	8	certain	certain	ADJ
bpbj-155	120	9	point	point	NOUN
bpbj-155	120	10	,	,	PUNCT
bpbj-155	120	11	corporate	corporate	ADJ
bpbj-155	120	12	value	value	NOUN
bpbj-155	120	13	would	would	AUX
bpbj-155	120	14	have	have	AUX
bpbj-155	120	15	already	already	ADV
bpbj-155	120	16	expected	expect	VERB
bpbj-155	120	17	future	future	ADJ
bpbj-155	120	18	increases	increase	NOUN
bpbj-155	120	19	or	or	CCONJ
bpbj-155	120	20	decreases	decrease	NOUN
bpbj-155	120	21	of	of	ADP
bpbj-155	120	22	at	at	ADV
bpbj-155	120	23	least	least	ADV
bpbj-155	120	24	two	two	NUM
bpbj-155	120	25	years	year	NOUN
bpbj-155	120	26	.	.	PUNCT
bpbj-155	121	1	when	when	SCONJ
bpbj-155	121	2	analyzing	analyze	VERB
bpbj-155	121	3	the	the	DET
bpbj-155	121	4	next	next	ADJ
bpbj-155	121	5	year	year	NOUN
bpbj-155	121	6	,	,	PUNCT
bpbj-155	121	7	explanatory	explanatory	ADJ
bpbj-155	121	8	variables	variable	NOUN
bpbj-155	121	9	in	in	ADP
bpbj-155	121	10	2016	2016	NUM
bpbj-155	121	11	,	,	PUNCT
bpbj-155	121	12	as	as	ADP
bpbj-155	121	13	the	the	DET
bpbj-155	121	14	last	last	ADJ
bpbj-155	121	15	year	year	NOUN
bpbj-155	121	16	,	,	PUNCT
bpbj-155	121	17	would	would	AUX
bpbj-155	121	18	be	be	AUX
bpbj-155	121	19	affected	affect	VERB
bpbj-155	121	20	by	by	ADP
bpbj-155	121	21	an	an	DET
bpbj-155	121	22	explained	explain	VERB
bpbj-155	121	23	variable	variable	NOUN
bpbj-155	121	24	in	in	ADP
bpbj-155	121	25	2017	2017	NUM
bpbj-155	121	26	.	.	PUNCT
bpbj-155	122	1	when	when	SCONJ
bpbj-155	122	2	conducting	conduct	VERB
bpbj-155	122	3	an	an	DET
bpbj-155	122	4	analysis	analysis	NOUN
bpbj-155	122	5	two	two	NUM
bpbj-155	122	6	years	year	NOUN
bpbj-155	122	7	later	later	ADV
bpbj-155	122	8	,	,	PUNCT
bpbj-155	122	9	the	the	DET
bpbj-155	122	10	explanatory	explanatory	ADJ
bpbj-155	122	11	variable	variable	NOUN
bpbj-155	122	12	in	in	ADP
bpbj-155	122	13	2015	2015	NUM
bpbj-155	122	14	,	,	PUNCT
bpbj-155	122	15	the	the	DET
bpbj-155	122	16	last	last	ADJ
bpbj-155	122	17	year	year	NOUN
bpbj-155	122	18	,	,	PUNCT
bpbj-155	122	19	would	would	AUX
bpbj-155	122	20	be	be	AUX
bpbj-155	122	21	an	an	DET
bpbj-155	122	22	explained	explain	VERB
bpbj-155	122	23	variable	variable	NOUN
bpbj-155	122	24	in	in	ADP
bpbj-155	122	25	2017	2017	NUM
bpbj-155	122	26	.	.	PUNCT
bpbj-155	123	1	focusing	focus	VERB
bpbj-155	123	2	on	on	ADP
bpbj-155	123	3	the	the	DET
bpbj-155	123	4	case	case	NOUN
bpbj-155	123	5	of	of	ADP
bpbj-155	123	6	individual	individual	ADJ
bpbj-155	123	7	firms	firm	NOUN
bpbj-155	123	8	in	in	ADP
bpbj-155	123	9	table	table	NOUN
bpbj-155	123	10	5	5	NUM
bpbj-155	123	11	,	,	PUNCT
bpbj-155	123	12	oji	oji	PROPN
bpbj-155	123	13	,	,	PUNCT
bpbj-155	123	14	rengo	rengo	PROPN
bpbj-155	123	15	,	,	PUNCT
bpbj-155	123	16	and	and	CCONJ
bpbj-155	123	17	daio	daio	NOUN
bpbj-155	123	18	showed	show	VERB
bpbj-155	123	19	significantly	significantly	ADV
bpbj-155	123	20	positive	positive	ADJ
bpbj-155	123	21	coefficient	coefficient	NOUN
bpbj-155	123	22	β	β	VERB
bpbj-155	123	23	for	for	ADP
bpbj-155	123	24	all	all	DET
bpbj-155	123	25	types	type	NOUN
bpbj-155	123	26	of	of	ADP
bpbj-155	123	27	explained	explain	VERB
bpbj-155	123	28	variables	variable	NOUN
bpbj-155	123	29	.	.	PUNCT
bpbj-155	124	1	these	these	DET
bpbj-155	124	2	table	table	NOUN
bpbj-155	124	3	3	3	NUM
bpbj-155	124	4	.	.	PUNCT
bpbj-155	124	5	descriptive	descriptive	ADJ
bpbj-155	124	6	statistics	statistic	NOUN
bpbj-155	124	7	.	.	PUNCT
bpbj-155	125	1	sample	sample	NOUN
bpbj-155	125	2	size	size	NOUN
bpbj-155	125	3	average	average	ADJ
bpbj-155	125	4	standard	standard	ADJ
bpbj-155	125	5	deviation	deviation	NOUN
bpbj-155	125	6	min	min	PROPN
bpbj-155	125	7	.	.	PROPN
bpbj-155	125	8	max	max	PROPN
bpbj-155	125	9	.	.	PUNCT
bpbj-155	126	1	corporate	corporate	ADJ
bpbj-155	126	2	value	value	NOUN
bpbj-155	126	3	60	60	NUM
bpbj-155	126	4	20.604	20.604	NUM
bpbj-155	126	5	7.361	7.361	NUM
bpbj-155	126	6	5.371	5.371	NUM
bpbj-155	126	7	35.696	35.696	NUM
bpbj-155	126	8	gri	gri	PROPN
bpbj-155	126	9	appearance	appearance	NOUN
bpbj-155	126	10	rate	rate	NOUN
bpbj-155	126	11	in	in	ADP
bpbj-155	126	12	total	total	ADJ
bpbj-155	126	13	60	60	NUM
bpbj-155	126	14	0.051	0.051	NUM
bpbj-155	126	15	0.031	0.031	NUM
bpbj-155	126	16	0.004	0.004	NUM
bpbj-155	126	17	0.141	0.141	NUM
bpbj-155	126	18	corporate	corporate	ADJ
bpbj-155	126	19	dummy	dummy	ADJ
bpbj-155	126	20	oji	oji	PROPN
bpbj-155	126	21	holdings	holding	NOUN
bpbj-155	126	22	60	60	NUM
bpbj-155	126	23	0.167	0.167	NUM
bpbj-155	126	24	0.376	0.376	NUM
bpbj-155	126	25	0	0	NUM
bpbj-155	126	26	1	1	NUM
bpbj-155	126	27	nippon	nippon	PROPN
bpbj-155	126	28	paper	paper	NOUN
bpbj-155	126	29	industries	industry	NOUN
bpbj-155	126	30	60	60	NUM
bpbj-155	126	31	0.167	0.167	NUM
bpbj-155	126	32	0.376	0.376	NUM
bpbj-155	126	33	0	0	NUM
bpbj-155	126	34	1	1	NUM
bpbj-155	126	35	rengo	rengo	PROPN
bpbj-155	126	36	co.	co.	PROPN
bpbj-155	126	37	ltd	ltd	PROPN
bpbj-155	126	38	.	.	PROPN
bpbj-155	126	39	60	60	NUM
bpbj-155	126	40	0.167	0.167	NUM
bpbj-155	126	41	0.376	0.376	NUM
bpbj-155	126	42	0	0	NUM
bpbj-155	126	43	1	1	NUM
bpbj-155	126	44	daio	daio	NOUN
bpbj-155	126	45	paper	paper	NOUN
bpbj-155	126	46	cooperation	cooperation	NOUN
bpbj-155	126	47	60	60	NUM
bpbj-155	126	48	0.167	0.167	NUM
bpbj-155	126	49	0.376	0.376	NUM
bpbj-155	126	50	0	0	NUM
bpbj-155	126	51	1	1	NUM
bpbj-155	126	52	hokuetsu	hokuetsu	ADJ
bpbj-155	126	53	cooperation	cooperation	NOUN
bpbj-155	126	54	60	60	NUM
bpbj-155	126	55	0.167	0.167	NUM
bpbj-155	126	56	0.376	0.376	NUM
bpbj-155	126	57	0	0	NUM
bpbj-155	126	58	1	1	NUM
bpbj-155	126	59	mitsubishi	mitsubishi	PROPN
bpbj-155	126	60	paper	paper	PROPN
bpbj-155	126	61	mills	mills	PROPN
bpbj-155	126	62	ltd	ltd	PROPN
bpbj-155	126	63	.	.	PROPN
bpbj-155	127	1	60	60	NUM
bpbj-155	127	2	0.167	0.167	NUM
bpbj-155	127	3	0.376	0.376	NUM
bpbj-155	127	4	0	0	NUM
bpbj-155	127	5	1	1	NUM
bpbj-155	127	6	year	year	NOUN
bpbj-155	127	7	dummy	dummy	NOUN
bpbj-155	127	8	2008	2008	NUM
bpbj-155	128	1	60	60	NUM
bpbj-155	128	2	0.100	0.100	NUM
bpbj-155	128	3	0.303	0.303	NUM
bpbj-155	128	4	0	0	NUM
bpbj-155	128	5	1	1	NUM
bpbj-155	128	6	2009	2009	NUM
bpbj-155	128	7	60	60	NUM
bpbj-155	128	8	0.100	0.100	NUM
bpbj-155	128	9	0.303	0.303	NUM
bpbj-155	128	10	0	0	NUM
bpbj-155	128	11	1	1	NUM
bpbj-155	128	12	2010	2010	NUM
bpbj-155	128	13	60	60	NUM
bpbj-155	128	14	0.100	0.100	NUM
bpbj-155	128	15	0.303	0.303	NUM
bpbj-155	128	16	0	0	NUM
bpbj-155	128	17	1	1	NUM
bpbj-155	128	18	2011	2011	NUM
bpbj-155	128	19	60	60	NUM
bpbj-155	128	20	0.100	0.100	NUM
bpbj-155	128	21	0.303	0.303	NUM
bpbj-155	128	22	0	0	NUM
bpbj-155	128	23	1	1	NUM
bpbj-155	128	24	2012	2012	NUM
bpbj-155	128	25	60	60	NUM
bpbj-155	128	26	0.100	0.100	NUM
bpbj-155	128	27	0.303	0.303	NUM
bpbj-155	128	28	0	0	NUM
bpbj-155	128	29	1	1	NUM
bpbj-155	128	30	2013	2013	NUM
bpbj-155	128	31	60	60	NUM
bpbj-155	128	32	0.100	0.100	NUM
bpbj-155	128	33	0.303	0.303	NUM
bpbj-155	128	34	0	0	NUM
bpbj-155	128	35	1	1	NUM
bpbj-155	128	36	2014	2014	NUM
bpbj-155	128	37	60	60	NUM
bpbj-155	128	38	0.100	0.100	NUM
bpbj-155	128	39	0.303	0.303	NUM
bpbj-155	128	40	0	0	NUM
bpbj-155	128	41	1	1	NUM
bpbj-155	128	42	2015	2015	NUM
bpbj-155	128	43	60	60	NUM
bpbj-155	128	44	0.100	0.100	NUM
bpbj-155	128	45	0.303	0.303	NUM
bpbj-155	128	46	0	0	NUM
bpbj-155	128	47	1	1	NUM
bpbj-155	128	48	2016	2016	NUM
bpbj-155	128	49	60	60	NUM
bpbj-155	128	50	0.100	0.100	NUM
bpbj-155	128	51	0.303	0.303	NUM
bpbj-155	128	52	0	0	NUM
bpbj-155	128	53	1	1	NUM
bpbj-155	128	54	2017	2017	NUM
bpbj-155	128	55	60	60	NUM
bpbj-155	128	56	0.100	0.100	NUM
bpbj-155	128	57	0.303	0.303	NUM
bpbj-155	128	58	0	0	NUM
bpbj-155	128	59	1	1	NUM
bpbj-155	128	60	note	note	NOUN
bpbj-155	128	61	:	:	PUNCT
bpbj-155	128	62	the	the	DET
bpbj-155	128	63	corporate	corporate	ADJ
bpbj-155	128	64	value	value	NOUN
bpbj-155	128	65	is	be	AUX
bpbj-155	128	66	esgroerh	esgroerh	ADJ
bpbj-155	128	67	,	,	PUNCT
bpbj-155	128	68	which	which	PRON
bpbj-155	128	69	includes	include	VERB
bpbj-155	128	70	operating	operating	NOUN
bpbj-155	128	71	profit	profit	NOUN
bpbj-155	128	72	,	,	PUNCT
bpbj-155	128	73	labor	labor	NOUN
bpbj-155	128	74	costs	cost	NOUN
bpbj-155	128	75	,	,	PUNCT
bpbj-155	128	76	and	and	CCONJ
bpbj-155	128	77	r&d	r&d	NOUN
bpbj-155	128	78	investment	investment	NOUN
bpbj-155	128	79	divided	divide	VERB
bpbj-155	128	80	by	by	ADP
bpbj-155	128	81	shareholder	shareholder	NOUN
bpbj-155	128	82	equity	equity	NOUN
bpbj-155	128	83	.	.	PUNCT
bpbj-155	129	1	26	26	NUM
bpbj-155	129	2	bioproducts	bioproduct	VERB
bpbj-155	129	3	business	business	NOUN
bpbj-155	129	4	10(2	10(2	NUM
bpbj-155	129	5	)	)	PUNCT
bpbj-155	129	6	2025	2025	NUM
bpbj-155	129	7	table	table	NOUN
bpbj-155	129	8	5	5	NUM
bpbj-155	129	9	.	.	PUNCT
bpbj-155	129	10	impacts	impact	NOUN
bpbj-155	129	11	of	of	ADP
bpbj-155	129	12	corporate	corporate	ADJ
bpbj-155	129	13	values	value	NOUN
bpbj-155	129	14	on	on	ADP
bpbj-155	129	15	the	the	DET
bpbj-155	129	16	tendency	tendency	NOUN
bpbj-155	129	17	of	of	ADP
bpbj-155	129	18	environmental	environmental	ADJ
bpbj-155	129	19	information	information	NOUN
bpbj-155	129	20	disclosure	disclosure	NOUN
bpbj-155	129	21	based	base	VERB
bpbj-155	129	22	on	on	ADP
bpbj-155	129	23	the	the	DET
bpbj-155	129	24	60	60	NUM
bpbj-155	129	25	non	non	ADJ
bpbj-155	129	26	-	-	ADJ
bpbj-155	129	27	financial	financial	ADJ
bpbj-155	129	28	reports	report	NOUN
bpbj-155	129	29	from	from	ADP
bpbj-155	129	30	individual	individual	ADJ
bpbj-155	129	31	firms	firm	NOUN
bpbj-155	129	32	in	in	ADP
bpbj-155	129	33	the	the	DET
bpbj-155	129	34	same	same	ADJ
bpbj-155	129	35	year	year	NOUN
bpbj-155	129	36	.	.	PUNCT
bpbj-155	129	37	explained	explain	VERB
bpbj-155	129	38	variables	variable	NOUN
bpbj-155	129	39	esgroerh	esgroerh	VERB
bpbj-155	129	40	esgroer	esgroer	NOUN
bpbj-155	129	41	esgroeh	esgroeh	PROPN
bpbj-155	129	42	roe	roe	PROPN
bpbj-155	129	43	gri	gri	PROPN
bpbj-155	129	44	appearance	appearance	NOUN
bpbj-155	129	45	rate	rate	NOUN
bpbj-155	129	46	in	in	ADP
bpbj-155	129	47	total	total	ADJ
bpbj-155	129	48	oji	oji	PROPN
bpbj-155	129	49	holdings	holding	NOUN
bpbj-155	129	50	199.383	199.383	NUM
bpbj-155	129	51	*	*	PUNCT
bpbj-155	129	52	*	*	PUNCT
bpbj-155	130	1	*	*	PUNCT
bpbj-155	131	1	144.025	144.025	NUM
bpbj-155	131	2	*	*	PUNCT
bpbj-155	131	3	*	*	PUNCT
bpbj-155	131	4	176.941	176.941	NUM
bpbj-155	131	5	*	*	PUNCT
bpbj-155	131	6	*	*	PUNCT
bpbj-155	131	7	121.583	121.583	NUM
bpbj-155	131	8	*	*	PUNCT
bpbj-155	131	9	*	*	PROPN
bpbj-155	131	10	nippon	nippon	PROPN
bpbj-155	131	11	paper	paper	NOUN
bpbj-155	131	12	industries	industry	NOUN
bpbj-155	131	13	16.723	16.723	NUM
bpbj-155	131	14	-14.831	-14.831	NUM
bpbj-155	131	15	11.123	11.123	NUM
bpbj-155	131	16	-20.431	-20.431	PUNCT
bpbj-155	131	17	rengo	rengo	PROPN
bpbj-155	131	18	co.	co.	PROPN
bpbj-155	131	19	ltd	ltd	PROPN
bpbj-155	131	20	.	.	PROPN
bpbj-155	132	1	104.778	104.778	NUM
bpbj-155	132	2	*	*	PUNCT
bpbj-155	133	1	*	*	PUNCT
bpbj-155	133	2	*	*	PUNCT
bpbj-155	133	3	63.401	63.401	NUM
bpbj-155	133	4	*	*	PUNCT
bpbj-155	133	5	*	*	PUNCT
bpbj-155	133	6	106.712	106.712	NUM
bpbj-155	133	7	*	*	PUNCT
bpbj-155	133	8	*	*	PUNCT
bpbj-155	133	9	*	*	PUNCT
bpbj-155	133	10	65.335	65.335	NUM
bpbj-155	133	11	*	*	PUNCT
bpbj-155	133	12	*	*	PUNCT
bpbj-155	133	13	*	*	PUNCT
bpbj-155	133	14	daio	daio	NOUN
bpbj-155	133	15	paper	paper	NOUN
bpbj-155	133	16	cooperation	cooperation	NOUN
bpbj-155	133	17	148.181	148.181	NUM
bpbj-155	133	18	*	*	PUNCT
bpbj-155	133	19	*	*	PUNCT
bpbj-155	133	20	*	*	PUNCT
bpbj-155	133	21	94.082	94.082	NUM
bpbj-155	133	22	*	*	PUNCT
bpbj-155	133	23	*	*	PUNCT
bpbj-155	133	24	*	*	PUNCT
bpbj-155	133	25	137.415	137.415	NUM
bpbj-155	133	26	*	*	PUNCT
bpbj-155	133	27	*	*	PUNCT
bpbj-155	133	28	*	*	X
bpbj-155	133	29	83.317	83.317	NUM
bpbj-155	133	30	*	*	PUNCT
bpbj-155	133	31	*	*	PUNCT
bpbj-155	133	32	*	*	PUNCT
bpbj-155	133	33	hokuetsu	hokuetsu	ADJ
bpbj-155	133	34	cooperation	cooperation	NOUN
bpbj-155	133	35	-221.825	-221.825	NUM
bpbj-155	134	1	*	*	PUNCT
bpbj-155	134	2	*	*	PUNCT
bpbj-155	135	1	-91.560	-91.560	ADJ
bpbj-155	135	2	-208.445	-208.445	PUNCT
bpbj-155	135	3	*	*	PUNCT
bpbj-155	135	4	*	*	PUNCT
bpbj-155	135	5	-78.179	-78.179	PROPN
bpbj-155	135	6	mitsubishi	mitsubishi	PROPN
bpbj-155	135	7	paper	paper	PROPN
bpbj-155	135	8	mills	mills	PROPN
bpbj-155	135	9	ltd	ltd	PROPN
bpbj-155	135	10	.	.	PUNCT
bpbj-155	136	1	177.740	177.740	NUM
bpbj-155	137	1	*	*	PUNCT
bpbj-155	137	2	*	*	PUNCT
bpbj-155	137	3	*	*	PUNCT
bpbj-155	137	4	-7.412	-7.412	PUNCT
bpbj-155	137	5	139.359	139.359	NUM
bpbj-155	137	6	*	*	PUNCT
bpbj-155	137	7	*	*	PUNCT
bpbj-155	137	8	-45.793	-45.793	X
bpbj-155	137	9	adj	adj	X
bpbj-155	137	10	r2	r2	PROPN
bpbj-155	137	11	0.649	0.649	NUM
bpbj-155	137	12	0.507	0.507	NUM
bpbj-155	137	13	0.652	0.652	NUM
bpbj-155	137	14	0.528	0.528	NUM
bpbj-155	137	15	note	note	NOUN
bpbj-155	137	16	:	:	PUNCT
bpbj-155	137	17	*	*	PUNCT
bpbj-155	137	18	*	*	PUNCT
bpbj-155	137	19	and	and	CCONJ
bpbj-155	137	20	*	*	PUNCT
bpbj-155	137	21	*	*	PUNCT
bpbj-155	137	22	*	*	PUNCT
bpbj-155	137	23	indicate	indicate	VERB
bpbj-155	137	24	significance	significance	NOUN
bpbj-155	137	25	at	at	ADP
bpbj-155	137	26	the	the	DET
bpbj-155	137	27	1	1	NUM
bpbj-155	137	28	%	%	NOUN
bpbj-155	137	29	and	and	CCONJ
bpbj-155	137	30	0.1	0.1	NUM
bpbj-155	137	31	%	%	NOUN
bpbj-155	137	32	levels	level	NOUN
bpbj-155	137	33	,	,	PUNCT
bpbj-155	137	34	respectively	respectively	ADV
bpbj-155	137	35	.	.	PUNCT
bpbj-155	137	36	explained	explain	VERB
bpbj-155	137	37	variables	variable	NOUN
bpbj-155	137	38	applied	apply	VERB
bpbj-155	137	39	the	the	DET
bpbj-155	137	40	same	same	ADJ
bpbj-155	137	41	year	year	NOUN
bpbj-155	137	42	of	of	ADP
bpbj-155	137	43	explanatory	explanatory	ADJ
bpbj-155	137	44	variables	variable	NOUN
bpbj-155	137	45	.	.	PUNCT
bpbj-155	138	1	table	table	NOUN
bpbj-155	138	2	4	4	NUM
bpbj-155	138	3	.	.	PUNCT
bpbj-155	138	4	impacts	impact	NOUN
bpbj-155	138	5	of	of	ADP
bpbj-155	138	6	corporate	corporate	ADJ
bpbj-155	138	7	values	value	NOUN
bpbj-155	138	8	by	by	ADP
bpbj-155	138	9	the	the	DET
bpbj-155	138	10	tendency	tendency	NOUN
bpbj-155	138	11	of	of	ADP
bpbj-155	138	12	environmental	environmental	ADJ
bpbj-155	138	13	information	information	NOUN
bpbj-155	138	14	disclosure	disclosure	NOUN
bpbj-155	138	15	based	base	VERB
bpbj-155	138	16	on	on	ADP
bpbj-155	138	17	all	all	DET
bpbj-155	138	18	the	the	DET
bpbj-155	138	19	60	60	NUM
bpbj-155	138	20	non	non	ADJ
bpbj-155	138	21	-	-	ADJ
bpbj-155	138	22	financial	financial	ADJ
bpbj-155	138	23	reports	report	NOUN
bpbj-155	138	24	.	.	PUNCT
bpbj-155	139	1	explained	explain	VERB
bpbj-155	139	2	variables	variable	NOUN
bpbj-155	139	3	:	:	PUNCT
bpbj-155	139	4	the	the	DET
bpbj-155	139	5	same	same	ADJ
bpbj-155	139	6	year	year	NOUN
bpbj-155	139	7	explained	explain	VERB
bpbj-155	139	8	variables	variable	NOUN
bpbj-155	139	9	esgroerh	esgroerh	VERB
bpbj-155	139	10	esgroer	esgroer	NOUN
bpbj-155	139	11	esgroeh	esgroeh	PROPN
bpbj-155	139	12	roe	roe	PROPN
bpbj-155	139	13	gri	gri	PROPN
bpbj-155	139	14	appearance	appearance	NOUN
bpbj-155	139	15	rate	rate	NOUN
bpbj-155	139	16	in	in	ADP
bpbj-155	139	17	total	total	ADJ
bpbj-155	139	18	125.493	125.493	NUM
bpbj-155	139	19	*	*	PUNCT
bpbj-155	139	20	*	*	PUNCT
bpbj-155	139	21	*	*	PUNCT
bpbj-155	139	22	77.274	77.274	NUM
bpbj-155	139	23	*	*	PUNCT
bpbj-155	139	24	*	*	PUNCT
bpbj-155	139	25	*	*	PUNCT
bpbj-155	139	26	123.689	123.689	NUM
bpbj-155	139	27	*	*	PUNCT
bpbj-155	139	28	*	*	PUNCT
bpbj-155	139	29	*	*	PUNCT
bpbj-155	140	1	75.470	75.470	NUM
bpbj-155	141	1	*	*	PUNCT
bpbj-155	141	2	*	*	PUNCT
bpbj-155	141	3	*	*	PUNCT
bpbj-155	141	4	adj	adj	X
bpbj-155	141	5	r2	r2	PROPN
bpbj-155	141	6	0.260	0.260	NUM
bpbj-155	141	7	0.194	0.194	NUM
bpbj-155	141	8	0.288	0.288	NUM
bpbj-155	141	9	0.200	0.200	NUM
bpbj-155	141	10	explained	explain	VERB
bpbj-155	141	11	variables	variable	NOUN
bpbj-155	141	12	:	:	PUNCT
bpbj-155	141	13	the	the	DET
bpbj-155	141	14	next	next	ADJ
bpbj-155	141	15	year	year	NOUN
bpbj-155	141	16	explained	explain	VERB
bpbj-155	141	17	variables	variable	NOUN
bpbj-155	141	18	esgroerh	esgroerh	VERB
bpbj-155	141	19	esgroer	esgroer	NOUN
bpbj-155	141	20	esgroeh	esgroeh	PROPN
bpbj-155	141	21	roe	roe	PROPN
bpbj-155	141	22	gri	gri	PROPN
bpbj-155	141	23	appearance	appearance	NOUN
bpbj-155	141	24	rate	rate	NOUN
bpbj-155	141	25	in	in	ADP
bpbj-155	141	26	total	total	ADJ
bpbj-155	141	27	122.402	122.402	NUM
bpbj-155	141	28	*	*	PUNCT
bpbj-155	141	29	*	*	PUNCT
bpbj-155	141	30	*	*	PUNCT
bpbj-155	141	31	72.322	72.322	NUM
bpbj-155	141	32	*	*	PUNCT
bpbj-155	141	33	*	*	PUNCT
bpbj-155	141	34	*	*	PUNCT
bpbj-155	141	35	119.605	119.605	NUM
bpbj-155	141	36	*	*	PUNCT
bpbj-155	141	37	*	*	PUNCT
bpbj-155	141	38	*	*	PUNCT
bpbj-155	142	1	69.525	69.525	NUM
bpbj-155	142	2	*	*	PUNCT
bpbj-155	142	3	*	*	PUNCT
bpbj-155	142	4	adj	adj	X
bpbj-155	142	5	r2	r2	PROPN
bpbj-155	142	6	0.253	0.253	NUM
bpbj-155	142	7	0.160	0.160	NUM
bpbj-155	142	8	0.274	0.274	NUM
bpbj-155	142	9	0.157	0.157	NUM
bpbj-155	142	10	explained	explain	VERB
bpbj-155	142	11	variables	variable	NOUN
bpbj-155	142	12	:	:	PUNCT
bpbj-155	142	13	two	two	NUM
bpbj-155	142	14	years	year	NOUN
bpbj-155	142	15	later	later	ADV
bpbj-155	142	16	explained	explain	VERB
bpbj-155	142	17	variables	variable	NOUN
bpbj-155	142	18	esgroerh	esgroerh	VERB
bpbj-155	142	19	esgroer	esgroer	NOUN
bpbj-155	142	20	esgroeh	esgroeh	PROPN
bpbj-155	142	21	roe	roe	PROPN
bpbj-155	142	22	gri	gri	PROPN
bpbj-155	142	23	appearance	appearance	NOUN
bpbj-155	142	24	rate	rate	NOUN
bpbj-155	142	25	in	in	ADP
bpbj-155	142	26	total	total	ADJ
bpbj-155	142	27	105.446	105.446	NUM
bpbj-155	142	28	*	*	PUNCT
bpbj-155	142	29	*	*	PUNCT
bpbj-155	142	30	*	*	PUNCT
bpbj-155	142	31	57.398	57.398	NUM
bpbj-155	142	32	*	*	PUNCT
bpbj-155	142	33	*	*	PUNCT
bpbj-155	143	1	102.239	102.239	NUM
bpbj-155	143	2	*	*	PUNCT
bpbj-155	143	3	*	*	PUNCT
bpbj-155	143	4	*	*	PUNCT
bpbj-155	143	5	54.191	54.191	NUM
bpbj-155	143	6	*	*	PUNCT
bpbj-155	143	7	*	*	X
bpbj-155	143	8	adj	adj	X
bpbj-155	143	9	r2	r2	PROPN
bpbj-155	143	10	0.212	0.212	NUM
bpbj-155	143	11	0.113	0.113	NUM
bpbj-155	143	12	0.228	0.228	NUM
bpbj-155	143	13	0.107	0.107	NUM
bpbj-155	143	14	note	note	NOUN
bpbj-155	143	15	:	:	PUNCT
bpbj-155	143	16	*	*	PUNCT
bpbj-155	143	17	*	*	PUNCT
bpbj-155	143	18	and	and	CCONJ
bpbj-155	143	19	*	*	PUNCT
bpbj-155	143	20	*	*	PUNCT
bpbj-155	143	21	*	*	PUNCT
bpbj-155	143	22	indicate	indicate	VERB
bpbj-155	143	23	significance	significance	NOUN
bpbj-155	143	24	at	at	ADP
bpbj-155	143	25	the	the	DET
bpbj-155	143	26	1	1	NUM
bpbj-155	143	27	%	%	NOUN
bpbj-155	143	28	and	and	CCONJ
bpbj-155	143	29	0.1	0.1	NUM
bpbj-155	143	30	%	%	NOUN
bpbj-155	143	31	levels	level	NOUN
bpbj-155	143	32	,	,	PUNCT
bpbj-155	143	33	respectively	respectively	ADV
bpbj-155	143	34	.	.	PUNCT
bpbj-155	144	1	firms	firm	NOUN
bpbj-155	144	2	’	'	PUNCT
bpbj-155	144	3	performances	performance	NOUN
bpbj-155	144	4	follow	follow	VERB
bpbj-155	144	5	the	the	DET
bpbj-155	144	6	hypothesis	hypothesis	NOUN
bpbj-155	144	7	that	that	SCONJ
bpbj-155	144	8	active	active	ADJ
bpbj-155	144	9	environmental	environmental	ADJ
bpbj-155	144	10	information	information	NOUN
bpbj-155	144	11	disclosure	disclosure	NOUN
bpbj-155	144	12	positively	positively	ADV
bpbj-155	144	13	affects	affect	VERB
bpbj-155	144	14	corporate	corporate	ADJ
bpbj-155	144	15	value	value	NOUN
bpbj-155	144	16	,	,	PUNCT
bpbj-155	144	17	which	which	PRON
bpbj-155	144	18	is	be	AUX
bpbj-155	144	19	the	the	DET
bpbj-155	144	20	fundamental	fundamental	ADJ
bpbj-155	144	21	premise	premise	NOUN
bpbj-155	144	22	for	for	ADP
bpbj-155	144	23	esg	esg	PROPN
bpbj-155	144	24	investing	investing	NOUN
bpbj-155	144	25	.	.	PUNCT
bpbj-155	145	1	mitsubishi	mitsubishi	PROPN
bpbj-155	145	2	also	also	ADV
bpbj-155	145	3	showed	show	VERB
bpbj-155	145	4	significantly	significantly	ADV
bpbj-155	145	5	positive	positive	ADJ
bpbj-155	145	6	coefficient	coefficient	NOUN
bpbj-155	145	7	β	β	VERB
bpbj-155	145	8	for	for	ADP
bpbj-155	145	9	esgroerh	esgroerh	ADJ
bpbj-155	145	10	and	and	CCONJ
bpbj-155	145	11	esgroeh	esgroeh	NOUN
bpbj-155	145	12	.	.	PUNCT
bpbj-155	146	1	these	these	DET
bpbj-155	146	2	facts	fact	NOUN
bpbj-155	146	3	indicate	indicate	VERB
bpbj-155	146	4	that	that	SCONJ
bpbj-155	146	5	labor	labor	NOUN
bpbj-155	146	6	costs	cost	NOUN
bpbj-155	146	7	,	,	PUNCT
bpbj-155	146	8	which	which	PRON
bpbj-155	146	9	could	could	AUX
bpbj-155	146	10	be	be	AUX
bpbj-155	146	11	translated	translate	VERB
bpbj-155	146	12	into	into	ADP
bpbj-155	146	13	human	human	ADJ
bpbj-155	146	14	capital	capital	NOUN
bpbj-155	146	15	investment	investment	NOUN
bpbj-155	146	16	in	in	ADP
bpbj-155	146	17	the	the	DET
bpbj-155	146	18	context	context	NOUN
bpbj-155	146	19	of	of	ADP
bpbj-155	146	20	esg	esg	PROPN
bpbj-155	146	21	issues	issue	NOUN
bpbj-155	146	22	,	,	PUNCT
bpbj-155	146	23	strongly	strongly	ADV
bpbj-155	146	24	affected	affect	VERB
bpbj-155	146	25	mitsubishi	mitsubishi	PROPN
bpbj-155	146	26	’s	’s	PART
bpbj-155	146	27	corporate	corporate	ADJ
bpbj-155	146	28	values	value	NOUN
bpbj-155	146	29	.	.	PUNCT
bpbj-155	147	1	subsequently	subsequently	ADV
bpbj-155	147	2	,	,	PUNCT
bpbj-155	147	3	the	the	DET
bpbj-155	147	4	coefficient	coefficient	NOUN
bpbj-155	147	5	β	β	PRON
bpbj-155	147	6	showed	show	VERB
bpbj-155	147	7	negative	negative	ADJ
bpbj-155	147	8	in	in	ADP
bpbj-155	147	9	the	the	DET
bpbj-155	147	10	case	case	NOUN
bpbj-155	147	11	of	of	ADP
bpbj-155	147	12	hokuetsu	hokuetsu	PROPN
bpbj-155	147	13	’s	’s	PART
bpbj-155	147	14	esgroerh	esgroerh	VERB
bpbj-155	147	15	and	and	CCONJ
bpbj-155	147	16	esgroeh	esgroeh	VERB
bpbj-155	147	17	both	both	PRON
bpbj-155	147	18	of	of	ADP
bpbj-155	147	19	which	which	PRON
bpbj-155	147	20	were	be	AUX
bpbj-155	147	21	affected	affect	VERB
bpbj-155	147	22	by	by	ADP
bpbj-155	147	23	labor	labor	NOUN
bpbj-155	147	24	cost	cost	NOUN
bpbj-155	147	25	changes	change	NOUN
bpbj-155	147	26	.	.	PUNCT
bpbj-155	148	1	since	since	SCONJ
bpbj-155	148	2	the	the	DET
bpbj-155	148	3	merger	merger	NOUN
bpbj-155	148	4	of	of	ADP
bpbj-155	148	5	the	the	DET
bpbj-155	148	6	former	former	ADJ
bpbj-155	148	7	hokuetsu	hokuetsu	ADJ
bpbj-155	148	8	corporation	corporation	NOUN
bpbj-155	148	9	and	and	CCONJ
bpbj-155	148	10	former	former	ADJ
bpbj-155	148	11	kishu	kishu	PROPN
bpbj-155	148	12	paper	paper	PROPN
bpbj-155	148	13	co.	co.	PROPN
bpbj-155	148	14	,	,	PUNCT
bpbj-155	148	15	ltd	ltd	PROPN
bpbj-155	148	16	.	.	PROPN
bpbj-155	148	17	was	be	AUX
bpbj-155	148	18	conducted	conduct	VERB
bpbj-155	148	19	in	in	ADP
bpbj-155	148	20	2011	2011	NUM
bpbj-155	148	21	,	,	PUNCT
bpbj-155	148	22	the	the	DET
bpbj-155	148	23	accumulation	accumulation	NOUN
bpbj-155	148	24	of	of	ADP
bpbj-155	148	25	human	human	ADJ
bpbj-155	148	26	capital	capital	NOUN
bpbj-155	148	27	may	may	AUX
bpbj-155	148	28	have	have	AUX
bpbj-155	148	29	been	be	AUX
bpbj-155	148	30	negatively	negatively	ADV
bpbj-155	148	31	affected	affect	VERB
bpbj-155	148	32	by	by	ADP
bpbj-155	148	33	the	the	DET
bpbj-155	148	34	process	process	NOUN
bpbj-155	148	35	of	of	ADP
bpbj-155	148	36	merging	merge	VERB
bpbj-155	148	37	.	.	PUNCT
bpbj-155	149	1	none	none	NOUN
bpbj-155	149	2	of	of	ADP
bpbj-155	149	3	the	the	DET
bpbj-155	149	4	four	four	NUM
bpbj-155	149	5	explained	explain	VERB
bpbj-155	149	6	variables	variable	NOUN
bpbj-155	149	7	in	in	ADP
bpbj-155	149	8	for	for	ADP
bpbj-155	149	9	nippon	nippon	PROPN
bpbj-155	149	10	paper	paper	NOUN
bpbj-155	149	11	showed	show	VERB
bpbj-155	149	12	any	any	DET
bpbj-155	149	13	significant	significant	ADJ
bpbj-155	149	14	negative	negative	ADJ
bpbj-155	149	15	or	or	CCONJ
bpbj-155	149	16	positive	positive	ADJ
bpbj-155	149	17	impacts	impact	NOUN
bpbj-155	149	18	during	during	ADP
bpbj-155	149	19	the	the	DET
bpbj-155	149	20	period	period	NOUN
bpbj-155	149	21	.	.	PUNCT
bpbj-155	150	1	nippon	nippon	PROPN
bpbj-155	150	2	paper	paper	PROPN
bpbj-155	150	3	has	have	AUX
bpbj-155	150	4	long	long	ADV
bpbj-155	150	5	been	be	AUX
bpbj-155	150	6	published	publish	VERB
bpbj-155	150	7	in	in	ADP
bpbj-155	150	8	csr	csr	NOUN
bpbj-155	150	9	reports	report	NOUN
bpbj-155	150	10	,	,	PUNCT
bpbj-155	150	11	but	but	CCONJ
bpbj-155	150	12	the	the	DET
bpbj-155	150	13	gri	gri	PROPN
bpbj-155	150	14	appearance	appearance	NOUN
bpbj-155	150	15	rate	rate	NOUN
bpbj-155	150	16	has	have	AUX
bpbj-155	150	17	never	never	ADV
bpbj-155	150	18	affected	affect	VERB
bpbj-155	150	19	corporate	corporate	ADJ
bpbj-155	150	20	value	value	NOUN
bpbj-155	150	21	.	.	PUNCT
bpbj-155	151	1	further	further	ADJ
bpbj-155	151	2	research	research	NOUN
bpbj-155	151	3	is	be	AUX
bpbj-155	151	4	necessary	necessary	ADJ
bpbj-155	151	5	to	to	PART
bpbj-155	151	6	determine	determine	VERB
bpbj-155	151	7	the	the	DET
bpbj-155	151	8	reasons	reason	NOUN
bpbj-155	151	9	for	for	ADP
bpbj-155	151	10	these	these	DET
bpbj-155	151	11	findings	finding	NOUN
bpbj-155	151	12	.	.	PUNCT
bpbj-155	152	1	focusing	focus	VERB
bpbj-155	152	2	on	on	ADP
bpbj-155	152	3	the	the	DET
bpbj-155	152	4	case	case	NOUN
bpbj-155	152	5	of	of	ADP
bpbj-155	152	6	year	year	NOUN
bpbj-155	152	7	in	in	ADP
bpbj-155	152	8	table	table	NOUN
bpbj-155	152	9	6	6	NUM
bpbj-155	152	10	,	,	PUNCT
bpbj-155	152	11	significantly	significantly	ADV
bpbj-155	152	12	positive	positive	ADJ
bpbj-155	152	13	coefficient	coefficient	NOUN
bpbj-155	152	14	β	β	VERB
bpbj-155	152	15	for	for	ADP
bpbj-155	152	16	all	all	DET
bpbj-155	152	17	explained	explain	VERB
bpbj-155	152	18	variables	variable	NOUN
bpbj-155	152	19	were	be	AUX
bpbj-155	152	20	shown	show	VERB
bpbj-155	152	21	from	from	ADP
bpbj-155	152	22	2009	2009	NUM
bpbj-155	152	23	to	to	ADP
bpbj-155	152	24	2011	2011	NUM
bpbj-155	152	25	,	,	PUNCT
bpbj-155	152	26	because	because	SCONJ
bpbj-155	152	27	it	it	PRON
bpbj-155	152	28	had	have	AUX
bpbj-155	152	29	been	be	AUX
bpbj-155	152	30	announced	announce	VERB
bpbj-155	152	31	that	that	SCONJ
bpbj-155	152	32	17	17	NUM
bpbj-155	152	33	member	member	NOUN
bpbj-155	152	34	companies	company	NOUN
bpbj-155	152	35	of	of	ADP
bpbj-155	152	36	the	the	DET
bpbj-155	152	37	japan	japan	PROPN
bpbj-155	152	38	paper	paper	PROPN
bpbj-155	152	39	association	association	PROPN
bpbj-155	152	40	had	have	AUX
bpbj-155	152	41	falsified	falsify	VERB
bpbj-155	152	42	recycled	recycle	VERB
bpbj-155	152	43	pulp	pulp	NOUN
bpbj-155	152	44	content	content	NOUN
bpbj-155	152	45	nagasaka	nagasaka	ADV
bpbj-155	152	46	and	and	CCONJ
bpbj-155	152	47	inoue	inoue	PROPN
bpbj-155	152	48	—	—	PUNCT
bpbj-155	152	49	information	information	NOUN
bpbj-155	152	50	disclosure	disclosure	NOUN
bpbj-155	152	51	on	on	ADP
bpbj-155	152	52	environmental	environmental	ADJ
bpbj-155	152	53	activities	activity	NOUN
bpbj-155	152	54	and	and	CCONJ
bpbj-155	152	55	corporate	corporate	ADJ
bpbj-155	152	56	values	value	NOUN
bpbj-155	152	57	of	of	ADP
bpbj-155	152	58	pulp	pulp	NOUN
bpbj-155	152	59	and	and	CCONJ
bpbj-155	152	60	paper	paper	NOUN
bpbj-155	152	61	firms	firm	NOUN
bpbj-155	152	62	in	in	ADP
bpbj-155	152	63	japan	japan	PROPN
bpbj-155	152	64	27	27	NUM
bpbj-155	152	65	ratios	ratio	NOUN
bpbj-155	152	66	in	in	ADP
bpbj-155	152	67	a	a	DET
bpbj-155	152	68	wide	wide	ADJ
bpbj-155	152	69	range	range	NOUN
bpbj-155	152	70	of	of	ADP
bpbj-155	152	71	recycled	recycled	ADJ
bpbj-155	152	72	paper	paper	NOUN
bpbj-155	152	73	products	product	NOUN
bpbj-155	152	74	,	,	PUNCT
bpbj-155	152	75	including	include	VERB
bpbj-155	152	76	notebooks	notebook	NOUN
bpbj-155	152	77	and	and	CCONJ
bpbj-155	152	78	copy	copy	VERB
bpbj-155	152	79	paper	paper	NOUN
bpbj-155	152	80	in	in	ADP
bpbj-155	152	81	january	january	PROPN
bpbj-155	152	82	2008	2008	NUM
bpbj-155	152	83	,	,	PUNCT
bpbj-155	152	84	and	and	CCONJ
bpbj-155	152	85	the	the	DET
bpbj-155	152	86	pulp	pulp	NOUN
bpbj-155	152	87	and	and	CCONJ
bpbj-155	152	88	paper	paper	NOUN
bpbj-155	152	89	firms	firm	NOUN
bpbj-155	152	90	in	in	ADP
bpbj-155	152	91	japan	japan	PROPN
bpbj-155	152	92	then	then	ADV
bpbj-155	152	93	had	have	VERB
bpbj-155	152	94	to	to	PART
bpbj-155	152	95	announce	announce	VERB
bpbj-155	152	96	the	the	DET
bpbj-155	152	97	countermeasures	countermeasure	NOUN
bpbj-155	152	98	to	to	ADP
bpbj-155	152	99	this	this	DET
bpbj-155	152	100	issue	issue	NOUN
bpbj-155	152	101	(	(	PUNCT
bpbj-155	152	102	research	research	NOUN
bpbj-155	152	103	bureau	bureau	NOUN
bpbj-155	152	104	of	of	ADP
bpbj-155	152	105	the	the	DET
bpbj-155	152	106	house	house	PROPN
bpbj-155	152	107	of	of	ADP
bpbj-155	152	108	representatives	representative	NOUN
bpbj-155	152	109	2008	2008	NUM
bpbj-155	152	110	)	)	PUNCT
bpbj-155	152	111	.	.	PUNCT
bpbj-155	153	1	other	other	ADJ
bpbj-155	153	2	year	year	NOUN
bpbj-155	153	3	dummy	dummy	ADJ
bpbj-155	153	4	variables	variable	NOUN
bpbj-155	153	5	did	do	AUX
bpbj-155	153	6	not	not	PART
bpbj-155	153	7	show	show	VERB
bpbj-155	153	8	any	any	DET
bpbj-155	153	9	significance	significance	NOUN
bpbj-155	153	10	,	,	PUNCT
bpbj-155	153	11	and	and	CCONJ
bpbj-155	153	12	this	this	PRON
bpbj-155	153	13	indicated	indicate	VERB
bpbj-155	153	14	that	that	SCONJ
bpbj-155	153	15	there	there	PRON
bpbj-155	153	16	was	be	VERB
bpbj-155	153	17	no	no	DET
bpbj-155	153	18	annual	annual	ADJ
bpbj-155	153	19	impact	impact	NOUN
bpbj-155	153	20	from	from	ADP
bpbj-155	153	21	2013	2013	NUM
bpbj-155	153	22	to	to	ADP
bpbj-155	153	23	2017	2017	NUM
bpbj-155	153	24	.	.	PUNCT
bpbj-155	154	1	5	5	NUM
bpbj-155	154	2	.	.	X
bpbj-155	154	3	conclusion	conclusion	NOUN
bpbj-155	154	4	this	this	DET
bpbj-155	154	5	study	study	NOUN
bpbj-155	154	6	focuses	focus	VERB
bpbj-155	154	7	on	on	ADP
bpbj-155	154	8	the	the	DET
bpbj-155	154	9	non	non	ADJ
bpbj-155	154	10	-	-	ADJ
bpbj-155	154	11	financial	financial	ADJ
bpbj-155	154	12	reports	report	NOUN
bpbj-155	154	13	of	of	ADP
bpbj-155	154	14	six	six	NUM
bpbj-155	154	15	pulp	pulp	NOUN
bpbj-155	154	16	and	and	CCONJ
bpbj-155	154	17	paper	paper	NOUN
bpbj-155	154	18	firms	firm	NOUN
bpbj-155	154	19	as	as	ADP
bpbj-155	154	20	advanced	advanced	ADJ
bpbj-155	154	21	cases	case	NOUN
bpbj-155	154	22	of	of	ADP
bpbj-155	154	23	environmental	environmental	ADJ
bpbj-155	154	24	information	information	NOUN
bpbj-155	154	25	disclosure	disclosure	NOUN
bpbj-155	154	26	by	by	ADP
bpbj-155	154	27	wood	wood	NOUN
bpbj-155	154	28	product	product	NOUN
bpbj-155	154	29	firms	firm	NOUN
bpbj-155	154	30	in	in	ADP
bpbj-155	154	31	japan	japan	PROPN
bpbj-155	154	32	.	.	PUNCT
bpbj-155	155	1	this	this	DET
bpbj-155	155	2	study	study	NOUN
bpbj-155	155	3	determined	determine	VERB
bpbj-155	155	4	that	that	SCONJ
bpbj-155	155	5	these	these	DET
bpbj-155	155	6	firms	firm	NOUN
bpbj-155	155	7	placed	place	VERB
bpbj-155	155	8	importance	importance	NOUN
bpbj-155	155	9	on	on	ADP
bpbj-155	155	10	environmental	environmental	ADJ
bpbj-155	155	11	information	information	NOUN
bpbj-155	155	12	disclosure	disclosure	NOUN
bpbj-155	155	13	from	from	ADP
bpbj-155	155	14	2008	2008	NUM
bpbj-155	155	15	to	to	ADP
bpbj-155	155	16	2017	2017	NUM
bpbj-155	155	17	,	,	PUNCT
bpbj-155	155	18	although	although	SCONJ
bpbj-155	155	19	their	their	PRON
bpbj-155	155	20	detailed	detailed	ADJ
bpbj-155	155	21	disclosure	disclosure	NOUN
bpbj-155	155	22	strategies	strategy	NOUN
bpbj-155	155	23	differed	differ	VERB
bpbj-155	155	24	.	.	PUNCT
bpbj-155	156	1	in	in	ADP
bpbj-155	156	2	addition	addition	NOUN
bpbj-155	156	3	,	,	PUNCT
bpbj-155	156	4	this	this	DET
bpbj-155	156	5	study	study	NOUN
bpbj-155	156	6	found	find	VERB
bpbj-155	156	7	that	that	SCONJ
bpbj-155	156	8	the	the	DET
bpbj-155	156	9	gri	gri	PROPN
bpbj-155	156	10	ratio	ratio	NOUN
bpbj-155	156	11	can	can	AUX
bpbj-155	156	12	be	be	AUX
bpbj-155	156	13	a	a	DET
bpbj-155	156	14	useful	useful	ADJ
bpbj-155	156	15	tool	tool	NOUN
bpbj-155	156	16	for	for	ADP
bpbj-155	156	17	clarifying	clarify	VERB
bpbj-155	156	18	the	the	DET
bpbj-155	156	19	environmental	environmental	ADJ
bpbj-155	156	20	information	information	NOUN
bpbj-155	156	21	strategies	strategy	NOUN
bpbj-155	156	22	shown	show	VERB
bpbj-155	156	23	in	in	ADP
bpbj-155	156	24	non	non	ADJ
bpbj-155	156	25	-	-	ADJ
bpbj-155	156	26	financial	financial	ADJ
bpbj-155	156	27	reports	report	NOUN
bpbj-155	156	28	.	.	PUNCT
bpbj-155	157	1	our	our	PRON
bpbj-155	157	2	findings	finding	NOUN
bpbj-155	157	3	follow	follow	VERB
bpbj-155	157	4	the	the	DET
bpbj-155	157	5	premise	premise	NOUN
bpbj-155	157	6	of	of	ADP
bpbj-155	157	7	esg	esg	PROPN
bpbj-155	157	8	investment	investment	NOUN
bpbj-155	157	9	in	in	ADP
bpbj-155	157	10	the	the	DET
bpbj-155	157	11	case	case	NOUN
bpbj-155	157	12	of	of	ADP
bpbj-155	157	13	pulp	pulp	NOUN
bpbj-155	157	14	and	and	CCONJ
bpbj-155	157	15	paper	paper	NOUN
bpbj-155	157	16	firms	firm	NOUN
bpbj-155	157	17	in	in	ADP
bpbj-155	157	18	that	that	DET
bpbj-155	157	19	firms	firm	NOUN
bpbj-155	157	20	can	can	AUX
bpbj-155	157	21	increase	increase	VERB
bpbj-155	157	22	their	their	PRON
bpbj-155	157	23	corporate	corporate	ADJ
bpbj-155	157	24	values	value	NOUN
bpbj-155	157	25	.	.	PUNCT
bpbj-155	158	1	in	in	ADP
bpbj-155	158	2	addition	addition	NOUN
bpbj-155	158	3	,	,	PUNCT
bpbj-155	158	4	our	our	PRON
bpbj-155	158	5	findings	finding	NOUN
bpbj-155	158	6	support	support	VERB
bpbj-155	158	7	the	the	DET
bpbj-155	158	8	concept	concept	NOUN
bpbj-155	158	9	of	of	ADP
bpbj-155	158	10	esg	esg	PROPN
bpbj-155	158	11	ebit	ebit	PROPN
bpbj-155	158	12	developed	develop	VERB
bpbj-155	158	13	by	by	ADP
bpbj-155	158	14	eisai	eisai	PROPN
bpbj-155	158	15	co.	co.	PROPN
bpbj-155	158	16	,	,	PUNCT
bpbj-155	158	17	ltd	ltd	PROPN
bpbj-155	158	18	.	.	PROPN
bpbj-155	158	19	and	and	CCONJ
bpbj-155	158	20	abeam	abeam	PROPN
bpbj-155	158	21	consulting	consulting	PROPN
bpbj-155	158	22	ltd	ltd	PROPN
bpbj-155	158	23	.	.	PUNCT
bpbj-155	159	1	(	(	PUNCT
bpbj-155	159	2	eisai	eisai	NOUN
bpbj-155	159	3	2020	2020	NUM
bpbj-155	159	4	)	)	PUNCT
bpbj-155	159	5	that	that	SCONJ
bpbj-155	159	6	evaluating	evaluate	VERB
bpbj-155	159	7	esg	esg	PROPN
bpbj-155	159	8	investing	investing	NOUN
bpbj-155	159	9	can	can	AUX
bpbj-155	159	10	evaluate	evaluate	VERB
bpbj-155	159	11	not	not	PART
bpbj-155	159	12	only	only	ADV
bpbj-155	159	13	the	the	DET
bpbj-155	159	14	income	income	NOUN
bpbj-155	159	15	of	of	ADP
bpbj-155	159	16	firms	firm	NOUN
bpbj-155	159	17	but	but	CCONJ
bpbj-155	159	18	also	also	ADV
bpbj-155	159	19	the	the	DET
bpbj-155	159	20	r&d	r&d	NOUN
bpbj-155	159	21	and	and	CCONJ
bpbj-155	159	22	labor	labor	NOUN
bpbj-155	159	23	costs	cost	NOUN
bpbj-155	159	24	that	that	PRON
bpbj-155	159	25	would	would	AUX
bpbj-155	159	26	lead	lead	VERB
bpbj-155	159	27	to	to	ADP
bpbj-155	159	28	long	long	ADJ
bpbj-155	159	29	-	-	PUNCT
bpbj-155	159	30	term	term	NOUN
bpbj-155	159	31	corporate	corporate	ADJ
bpbj-155	159	32	values	value	NOUN
bpbj-155	159	33	.	.	PUNCT
bpbj-155	160	1	concerning	concern	VERB
bpbj-155	160	2	the	the	DET
bpbj-155	160	3	pulp	pulp	NOUN
bpbj-155	160	4	and	and	CCONJ
bpbj-155	160	5	paper	paper	NOUN
bpbj-155	160	6	firms	firm	NOUN
bpbj-155	160	7	in	in	ADP
bpbj-155	160	8	japan	japan	PROPN
bpbj-155	160	9	,	,	PUNCT
bpbj-155	160	10	esgroerh	esgroerh	VERB
bpbj-155	160	11	and	and	CCONJ
bpbj-155	160	12	esgroeh	esgroeh	NOUN
bpbj-155	160	13	showed	show	VERB
bpbj-155	160	14	higher	high	ADJ
bpbj-155	160	15	coefficient	coefficient	NOUN
bpbj-155	160	16	β	β	PROPN
bpbj-155	160	17	than	than	ADP
bpbj-155	160	18	roe	roe	PROPN
bpbj-155	160	19	,	,	PUNCT
bpbj-155	160	20	as	as	SCONJ
bpbj-155	160	21	table	table	NOUN
bpbj-155	160	22	3	3	NUM
bpbj-155	160	23	showed	show	VERB
bpbj-155	160	24	.	.	PUNCT
bpbj-155	161	1	this	this	DET
bpbj-155	161	2	finding	finding	NOUN
bpbj-155	161	3	implies	imply	VERB
bpbj-155	161	4	that	that	SCONJ
bpbj-155	161	5	human	human	ADJ
bpbj-155	161	6	capital	capital	NOUN
bpbj-155	161	7	investment	investment	NOUN
bpbj-155	161	8	is	be	AUX
bpbj-155	161	9	a	a	DET
bpbj-155	161	10	critical	critical	ADJ
bpbj-155	161	11	factor	factor	NOUN
bpbj-155	161	12	.	.	PUNCT
bpbj-155	162	1	the	the	DET
bpbj-155	162	2	potential	potential	NOUN
bpbj-155	162	3	of	of	ADP
bpbj-155	162	4	pulp	pulp	NOUN
bpbj-155	162	5	and	and	CCONJ
bpbj-155	162	6	paper	paper	NOUN
bpbj-155	162	7	firms	firm	NOUN
bpbj-155	162	8	is	be	AUX
bpbj-155	162	9	high	high	ADJ
bpbj-155	162	10	when	when	SCONJ
bpbj-155	162	11	considering	consider	VERB
bpbj-155	162	12	esg	esg	NOUN
bpbj-155	162	13	issues	issue	NOUN
bpbj-155	162	14	.	.	PUNCT
bpbj-155	163	1	wood	wood	NOUN
bpbj-155	163	2	utilization	utilization	NOUN
bpbj-155	163	3	can	can	AUX
bpbj-155	163	4	contribute	contribute	VERB
bpbj-155	163	5	to	to	ADP
bpbj-155	163	6	the	the	DET
bpbj-155	163	7	global	global	ADJ
bpbj-155	163	8	environmental	environmental	ADJ
bpbj-155	163	9	and	and	CCONJ
bpbj-155	163	10	social	social	ADJ
bpbj-155	163	11	issues	issue	NOUN
bpbj-155	163	12	that	that	PRON
bpbj-155	163	13	esg	esg	PROPN
bpbj-155	163	14	investors	investor	NOUN
bpbj-155	163	15	perceive	perceive	VERB
bpbj-155	163	16	as	as	ADP
bpbj-155	163	17	important	important	ADJ
bpbj-155	163	18	.	.	PUNCT
bpbj-155	164	1	future	future	ADJ
bpbj-155	164	2	studies	study	NOUN
bpbj-155	164	3	may	may	AUX
bpbj-155	164	4	clarify	clarify	VERB
bpbj-155	164	5	whether	whether	SCONJ
bpbj-155	164	6	japanese	japanese	ADJ
bpbj-155	164	7	pulp	pulp	NOUN
bpbj-155	164	8	and	and	CCONJ
bpbj-155	164	9	paper	paper	NOUN
bpbj-155	164	10	firms	firm	NOUN
bpbj-155	164	11	will	will	AUX
bpbj-155	164	12	use	use	VERB
bpbj-155	164	13	their	their	PRON
bpbj-155	164	14	advantages	advantage	NOUN
bpbj-155	164	15	to	to	PART
bpbj-155	164	16	increase	increase	VERB
bpbj-155	164	17	their	their	PRON
bpbj-155	164	18	long	long	ADJ
bpbj-155	164	19	-	-	PUNCT
bpbj-155	164	20	term	term	NOUN
bpbj-155	164	21	corporate	corporate	ADJ
bpbj-155	164	22	value	value	NOUN
bpbj-155	164	23	by	by	ADP
bpbj-155	164	24	dealing	deal	VERB
bpbj-155	164	25	with	with	ADP
bpbj-155	164	26	suitable	suitable	ADJ
bpbj-155	164	27	environmental	environmental	ADJ
bpbj-155	164	28	and	and	CCONJ
bpbj-155	164	29	social	social	ADJ
bpbj-155	164	30	information	information	NOUN
bpbj-155	164	31	disclosure	disclosure	NOUN
bpbj-155	164	32	based	base	VERB
bpbj-155	164	33	on	on	ADP
bpbj-155	164	34	the	the	DET
bpbj-155	164	35	gri	gri	PROPN
bpbj-155	164	36	framework	framework	NOUN
bpbj-155	164	37	.	.	PUNCT
bpbj-155	165	1	acknowledgments	acknowledgment	NOUN
bpbj-155	165	2	this	this	DET
bpbj-155	165	3	study	study	NOUN
bpbj-155	165	4	was	be	AUX
bpbj-155	165	5	supported	support	VERB
bpbj-155	165	6	by	by	ADP
bpbj-155	165	7	jsps	jsps	PROPN
bpbj-155	165	8	kakenhi	kakenhi	PROPN
bpbj-155	165	9	(	(	PUNCT
bpbj-155	165	10	grant	grant	PROPN
bpbj-155	165	11	number	number	NOUN
bpbj-155	165	12	:	:	PUNCT
bpbj-155	165	13	jp21k14887	jp21k14887	NOUN
bpbj-155	165	14	)	)	PUNCT
bpbj-155	165	15	.	.	PUNCT
bpbj-155	166	1	references	reference	NOUN
bpbj-155	166	2	bauer	bauer	PROPN
bpbj-155	166	3	,	,	PUNCT
bpbj-155	166	4	r.	r.	PROPN
bpbj-155	166	5	,	,	PUNCT
bpbj-155	166	6	koedijk	koedijk	PROPN
bpbj-155	166	7	,	,	PUNCT
bpbj-155	166	8	k.	k.	PROPN
bpbj-155	166	9	,	,	PUNCT
bpbj-155	166	10	ottten	ottten	VERB
bpbj-155	166	11	,	,	PUNCT
bpbj-155	166	12	r.	r.	PROPN
bpbj-155	166	13	(	(	PUNCT
bpbj-155	166	14	2005	2005	NUM
bpbj-155	166	15	)	)	PUNCT
bpbj-155	166	16	.	.	PUNCT
bpbj-155	167	1	international	international	ADJ
bpbj-155	167	2	evidence	evidence	NOUN
bpbj-155	167	3	on	on	ADP
bpbj-155	167	4	ethical	ethical	ADJ
bpbj-155	167	5	mutual	mutual	ADJ
bpbj-155	167	6	fund	fund	NOUN
bpbj-155	167	7	performance	performance	NOUN
bpbj-155	167	8	and	and	CCONJ
bpbj-155	167	9	investment	investment	NOUN
bpbj-155	167	10	style	style	NOUN
bpbj-155	167	11	.	.	PUNCT
bpbj-155	168	1	journal	journal	NOUN
bpbj-155	168	2	of	of	ADP
bpbj-155	168	3	banking	banking	NOUN
bpbj-155	168	4	&	&	CCONJ
bpbj-155	168	5	finance	finance	PROPN
bpbj-155	168	6	29	29	NUM
bpbj-155	168	7	,	,	PUNCT
bpbj-155	168	8	1751–1767	1751–1767	NUM
bpbj-155	168	9	.	.	PUNCT
bpbj-155	169	1	bockstette	bockstette	NOUN
bpbj-155	169	2	,	,	PUNCT
bpbj-155	169	3	v.	v.	ADV
bpbj-155	169	4	,	,	PUNCT
bpbj-155	169	5	stamp	stamp	NOUN
bpbj-155	169	6	,	,	PUNCT
bpbj-155	169	7	m.	m.	NOUN
bpbj-155	169	8	(	(	PUNCT
bpbj-155	169	9	2011	2011	NUM
bpbj-155	169	10	)	)	PUNCT
bpbj-155	169	11	.	.	PUNCT
bpbj-155	170	1	creating	create	VERB
bpbj-155	170	2	shared	shared	ADJ
bpbj-155	170	3	value	value	NOUN
bpbj-155	170	4	:	:	PUNCT
bpbj-155	170	5	a	a	DET
bpbj-155	170	6	how	how	SCONJ
bpbj-155	170	7	-	-	PUNCT
bpbj-155	170	8	to	to	PART
bpbj-155	170	9	guide	guide	VERB
bpbj-155	170	10	for	for	ADP
bpbj-155	170	11	the	the	DET
bpbj-155	170	12	new	new	ADJ
bpbj-155	170	13	corporate	corporate	ADJ
bpbj-155	170	14	(	(	PUNCT
bpbj-155	170	15	r)evolution	r)evolution	NOUN
bpbj-155	170	16	.	.	PUNCT
bpbj-155	171	1	fsg	fsg	PROPN
bpbj-155	171	2	,	,	PUNCT
bpbj-155	171	3	accessed	access	VERB
bpbj-155	171	4	at	at	ADP
bpbj-155	171	5	,	,	PUNCT
bpbj-155	171	6	http://www.fsg.org/tabid/191/articleid/351/default.aspx?srpush=true	http://www.fsg.org/tabid/191/articleid/351/default.aspx?srpush=true	ADJ
bpbj-155	171	7	eisai	eisai	NOUN
bpbj-155	171	8	(	(	PUNCT
bpbj-155	171	9	2020	2020	NUM
bpbj-155	171	10	)	)	PUNCT
bpbj-155	171	11	.	.	PUNCT
bpbj-155	172	1	cfo	cfo	PROPN
bpbj-155	172	2	dialogue	dialogue	NOUN
bpbj-155	172	3	:	:	PUNCT
bpbj-155	172	4	challenge	challenge	NOUN
bpbj-155	172	5	for	for	ADP
bpbj-155	172	6	esg	esg	PROPN
bpbj-155	172	7	,	,	PUNCT
bpbj-155	172	8	making	make	VERB
bpbj-155	172	9	invisible	invisible	ADJ
bpbj-155	172	10	value	value	NOUN
bpbj-155	172	11	visible	visible	ADJ
bpbj-155	172	12	.	.	PUNCT
bpbj-155	173	1	eisai	eisai	PROPN
bpbj-155	173	2	integrated	integrate	VERB
bpbj-155	173	3	report	report	NOUN
bpbj-155	173	4	2020	2020	NUM
bpbj-155	173	5	,	,	PUNCT
bpbj-155	174	1	51–58	51–58	NUM
bpbj-155	174	2	.	.	PUNCT
bpbj-155	174	3	ghoul	ghoul	PROPN
bpbj-155	174	4	,	,	PUNCT
bpbj-155	174	5	s.	s.	PROPN
bpbj-155	174	6	,	,	PUNCT
bpbj-155	174	7	guedhami	guedhami	NOUN
bpbj-155	174	8	,	,	PUNCT
bpbj-155	174	9	o.	o.	PROPN
bpbj-155	174	10	,	,	PUNCT
bpbj-155	174	11	kwok	kwok	PROPN
bpbj-155	174	12	,	,	PUNCT
bpbj-155	174	13	c.	c.	PROPN
bpbj-155	174	14	,	,	PUNCT
bpbj-155	174	15	mishra	mishra	PROPN
bpbj-155	174	16	,	,	PUNCT
bpbj-155	174	17	d.	d.	PROPN
bpbj-155	174	18	(	(	PUNCT
bpbj-155	174	19	2011	2011	NUM
bpbj-155	174	20	)	)	PUNCT
bpbj-155	174	21	.	.	PUNCT
bpbj-155	175	1	does	do	AUX
bpbj-155	175	2	corporate	corporate	ADJ
bpbj-155	175	3	social	social	ADJ
bpbj-155	175	4	responsibility	responsibility	NOUN
bpbj-155	175	5	affect	affect	VERB
bpbj-155	175	6	the	the	DET
bpbj-155	175	7	cost	cost	NOUN
bpbj-155	175	8	of	of	ADP
bpbj-155	175	9	capital	capital	NOUN
bpbj-155	175	10	?	?	PUNCT
bpbj-155	176	1	journal	journal	NOUN
bpbj-155	176	2	of	of	ADP
bpbj-155	176	3	banking	banking	NOUN
bpbj-155	176	4	&	&	CCONJ
bpbj-155	176	5	finance	finance	PROPN
bpbj-155	176	6	35	35	NUM
bpbj-155	176	7	,	,	PUNCT
bpbj-155	176	8	2388–2406	2388–2406	NUM
bpbj-155	176	9	.	.	PUNCT
bpbj-155	176	10	table	table	NOUN
bpbj-155	176	11	6	6	NUM
bpbj-155	176	12	.	.	PUNCT
bpbj-155	177	1	impacts	impact	NOUN
bpbj-155	177	2	of	of	ADP
bpbj-155	177	3	corporate	corporate	ADJ
bpbj-155	177	4	values	value	NOUN
bpbj-155	177	5	on	on	ADP
bpbj-155	177	6	the	the	DET
bpbj-155	177	7	tendency	tendency	NOUN
bpbj-155	177	8	of	of	ADP
bpbj-155	177	9	environmental	environmental	ADJ
bpbj-155	177	10	information	information	NOUN
bpbj-155	177	11	disclosure	disclosure	NOUN
bpbj-155	177	12	based	base	VERB
bpbj-155	177	13	on	on	ADP
bpbj-155	177	14	the	the	DET
bpbj-155	177	15	60	60	NUM
bpbj-155	177	16	non	non	ADJ
bpbj-155	177	17	-	-	ADJ
bpbj-155	177	18	financial	financial	ADJ
bpbj-155	177	19	reports	report	NOUN
bpbj-155	177	20	annually	annually	ADV
bpbj-155	177	21	in	in	ADP
bpbj-155	177	22	the	the	DET
bpbj-155	177	23	same	same	ADJ
bpbj-155	177	24	year	year	NOUN
bpbj-155	177	25	.	.	PUNCT
bpbj-155	178	1	explained	explain	VERB
bpbj-155	178	2	variables	variable	NOUN
bpbj-155	178	3	esgroerh	esgroerh	VERB
bpbj-155	178	4	esgroer	esgroer	NOUN
bpbj-155	178	5	esgroeh	esgroeh	PROPN
bpbj-155	178	6	roe	roe	PROPN
bpbj-155	178	7	gri	gri	PROPN
bpbj-155	178	8	appearance	appearance	NOUN
bpbj-155	178	9	rate	rate	NOUN
bpbj-155	178	10	in	in	ADP
bpbj-155	178	11	total	total	ADJ
bpbj-155	178	12	2008	2008	NUM
bpbj-155	178	13	77.263	77.263	NUM
bpbj-155	179	1	38.449	38.449	NUM
bpbj-155	179	2	76.262	76.262	NUM
bpbj-155	179	3	37.448	37.448	NUM
bpbj-155	179	4	2009	2009	NUM
bpbj-155	179	5	163.998	163.998	NUM
bpbj-155	179	6	*	*	PUNCT
bpbj-155	179	7	*	*	PUNCT
bpbj-155	179	8	*	*	PUNCT
bpbj-155	179	9	120.322	120.322	NUM
bpbj-155	179	10	*	*	PUNCT
bpbj-155	179	11	*	*	PUNCT
bpbj-155	179	12	*	*	PUNCT
bpbj-155	179	13	160.447	160.447	NUM
bpbj-155	179	14	*	*	PUNCT
bpbj-155	179	15	*	*	PUNCT
bpbj-155	179	16	*	*	PUNCT
bpbj-155	179	17	116.770	116.770	NUM
bpbj-155	179	18	*	*	PUNCT
bpbj-155	179	19	*	*	PUNCT
bpbj-155	179	20	*	*	X
bpbj-155	179	21	2010	2010	NUM
bpbj-155	179	22	144.105	144.105	NUM
bpbj-155	179	23	*	*	PUNCT
bpbj-155	179	24	*	*	PUNCT
bpbj-155	179	25	91.788	91.788	NUM
bpbj-155	179	26	*	*	PUNCT
bpbj-155	179	27	*	*	PUNCT
bpbj-155	179	28	140.723	140.723	NUM
bpbj-155	179	29	*	*	PUNCT
bpbj-155	179	30	*	*	PUNCT
bpbj-155	179	31	88.407	88.407	NUM
bpbj-155	179	32	*	*	PUNCT
bpbj-155	179	33	*	*	PUNCT
bpbj-155	179	34	2011	2011	NUM
bpbj-155	179	35	114.118	114.118	NUM
bpbj-155	179	36	*	*	PUNCT
bpbj-155	179	37	*	*	PUNCT
bpbj-155	180	1	61.504	61.504	NUM
bpbj-155	180	2	*	*	PUNCT
bpbj-155	180	3	114.228	114.228	NUM
bpbj-155	180	4	*	*	PUNCT
bpbj-155	180	5	*	*	PUNCT
bpbj-155	180	6	61.613	61.613	NUM
bpbj-155	180	7	*	*	NUM
bpbj-155	180	8	2012	2012	NUM
bpbj-155	180	9	103.485	103.485	NUM
bpbj-155	180	10	48.087	48.087	NUM
bpbj-155	180	11	103.069	103.069	NUM
bpbj-155	180	12	*	*	SYM
bpbj-155	180	13	47.670	47.670	NUM
bpbj-155	180	14	2013	2013	NUM
bpbj-155	180	15	102.135	102.135	NUM
bpbj-155	180	16	32.652	32.652	NUM
bpbj-155	180	17	99.388	99.388	NUM
bpbj-155	180	18	29.905	29.905	NUM
bpbj-155	180	19	2014	2014	NUM
bpbj-155	180	20	76.708	76.708	NUM
bpbj-155	180	21	15.906	15.906	NUM
bpbj-155	180	22	77.110	77.110	NUM
bpbj-155	180	23	16.308	16.308	NUM
bpbj-155	180	24	2015	2015	NUM
bpbj-155	180	25	84.635	84.635	NUM
bpbj-155	180	26	40.507	40.507	NUM
bpbj-155	180	27	89.097	89.097	NUM
bpbj-155	180	28	44.969	44.969	NUM
bpbj-155	180	29	2016	2016	NUM
bpbj-155	180	30	92.011	92.011	NUM
bpbj-155	180	31	54.487	54.487	NUM
bpbj-155	180	32	95.302	95.302	NUM
bpbj-155	180	33	57.777	57.777	NUM
bpbj-155	180	34	2017	2017	NUM
bpbj-155	180	35	33.574	33.574	NUM
bpbj-155	180	36	-7.172	-7.172	ADP
bpbj-155	180	37	39.946	39.946	NUM
bpbj-155	180	38	-0.800	-0.800	NUM
bpbj-155	180	39	adj	adj	PROPN
bpbj-155	180	40	r2	r2	PROPN
bpbj-155	180	41	0.211	0.211	NUM
bpbj-155	180	42	0.224	0.224	NUM
bpbj-155	180	43	0.245	0.245	NUM
bpbj-155	180	44	0.226	0.226	NUM
bpbj-155	180	45	note	note	NOUN
bpbj-155	180	46	:	:	PUNCT
bpbj-155	181	1	*	*	PUNCT
bpbj-155	181	2	*	*	PUNCT
bpbj-155	181	3	and	and	CCONJ
bpbj-155	181	4	*	*	PUNCT
bpbj-155	181	5	*	*	PUNCT
bpbj-155	181	6	*	*	PUNCT
bpbj-155	181	7	indicate	indicate	VERB
bpbj-155	181	8	significance	significance	NOUN
bpbj-155	181	9	at	at	ADP
bpbj-155	181	10	the	the	DET
bpbj-155	181	11	1	1	NUM
bpbj-155	181	12	%	%	NOUN
bpbj-155	181	13	and	and	CCONJ
bpbj-155	181	14	0.1	0.1	NUM
bpbj-155	181	15	%	%	NOUN
bpbj-155	181	16	levels	level	NOUN
bpbj-155	181	17	,	,	PUNCT
bpbj-155	181	18	respectively	respectively	ADV
bpbj-155	181	19	.	.	PUNCT
bpbj-155	182	1	explained	explain	VERB
bpbj-155	182	2	variables	variable	NOUN
bpbj-155	182	3	applied	apply	VERB
bpbj-155	182	4	the	the	DET
bpbj-155	182	5	same	same	ADJ
bpbj-155	182	6	year	year	NOUN
bpbj-155	182	7	of	of	ADP
bpbj-155	182	8	explanatory	explanatory	ADJ
bpbj-155	182	9	variables	variable	NOUN
bpbj-155	182	10	.	.	PUNCT
bpbj-155	183	1	28	28	NUM
bpbj-155	183	2	bioproducts	bioproduct	VERB
bpbj-155	183	3	business	business	NOUN
bpbj-155	183	4	10(2	10(2	NUM
bpbj-155	183	5	)	)	PUNCT
bpbj-155	183	6	2025	2025	NUM
bpbj-155	183	7	global	global	ADJ
bpbj-155	183	8	reporting	reporting	NOUN
bpbj-155	183	9	initiative	initiative	NOUN
bpbj-155	183	10	(	(	PUNCT
bpbj-155	183	11	2021	2021	NUM
bpbj-155	183	12	)	)	PUNCT
bpbj-155	183	13	.	.	PUNCT
bpbj-155	184	1	about	about	ADP
bpbj-155	184	2	gri	gri	PROPN
bpbj-155	184	3	,	,	PUNCT
bpbj-155	184	4	https://www	https://www	PROPN
bpbj-155	184	5	.	.	PUNCT
bpbj-155	185	1	globalreporting.org/about-gri/	globalreporting.org/about-gri/	PROPN
bpbj-155	185	2	global	global	ADJ
bpbj-155	185	3	reporting	reporting	NOUN
bpbj-155	185	4	initiative	initiative	NOUN
bpbj-155	185	5	(	(	PUNCT
bpbj-155	185	6	2018	2018	NUM
bpbj-155	185	7	)	)	PUNCT
bpbj-155	185	8	.	.	PUNCT
bpbj-155	186	1	gri303	gri303	NOUN
bpbj-155	186	2	:	:	PUNCT
bpbj-155	186	3	water	water	NOUN
bpbj-155	186	4	and	and	CCONJ
bpbj-155	186	5	effluents	effluent	NOUN
bpbj-155	186	6	(	(	PUNCT
bpbj-155	186	7	in	in	ADP
bpbj-155	186	8	japanese	japanese	PROPN
bpbj-155	186	9	)	)	PUNCT
bpbj-155	186	10	.	.	PUNCT
bpbj-155	187	1	global	global	ADJ
bpbj-155	187	2	reporting	reporting	NOUN
bpbj-155	187	3	initiative	initiative	NOUN
bpbj-155	187	4	(	(	PUNCT
bpbj-155	187	5	2016	2016	NUM
bpbj-155	187	6	)	)	PUNCT
bpbj-155	187	7	.	.	PUNCT
bpbj-155	188	1	gri301	gri301	NOUN
bpbj-155	188	2	:	:	PUNCT
bpbj-155	188	3	materials	material	NOUN
bpbj-155	188	4	,	,	PUNCT
bpbj-155	188	5	gri302	gri302	NOUN
bpbj-155	188	6	:	:	PUNCT
bpbj-155	188	7	energy	energy	NOUN
bpbj-155	188	8	,	,	PUNCT
bpbj-155	188	9	gri304	gri304	PROPN
bpbj-155	188	10	:	:	PUNCT
bpbj-155	188	11	biodiversity	biodiversity	NOUN
bpbj-155	188	12	,	,	PUNCT
bpbj-155	188	13	gri305	gri305	NOUN
bpbj-155	188	14	:	:	PUNCT
bpbj-155	188	15	emissions	emission	NOUN
bpbj-155	188	16	(	(	PUNCT
bpbj-155	188	17	in	in	ADP
bpbj-155	188	18	japanese	japanese	PROPN
bpbj-155	188	19	)	)	PUNCT
bpbj-155	188	20	.	.	PUNCT
bpbj-155	189	1	halbritter	halbritter	PROPN
bpbj-155	189	2	,	,	PUNCT
bpbj-155	189	3	g.	g.	PROPN
bpbj-155	189	4	,	,	PUNCT
bpbj-155	189	5	dorfleitner	dorfleitner	NOUN
bpbj-155	189	6	,	,	PUNCT
bpbj-155	189	7	g.	g.	PROPN
bpbj-155	189	8	(	(	PUNCT
bpbj-155	189	9	2015	2015	NUM
bpbj-155	189	10	)	)	PUNCT
bpbj-155	189	11	.	.	PUNCT
bpbj-155	190	1	the	the	DET
bpbj-155	190	2	wages	wage	NOUN
bpbj-155	190	3	of	of	ADP
bpbj-155	190	4	social	social	ADJ
bpbj-155	190	5	responsibility	responsibility	NOUN
bpbj-155	190	6	–	–	PUNCT
bpbj-155	190	7	where	where	SCONJ
bpbj-155	190	8	are	be	AUX
bpbj-155	190	9	they	they	PRON
bpbj-155	190	10	?	?	PUNCT
bpbj-155	191	1	a	a	DET
bpbj-155	191	2	critical	critical	ADJ
bpbj-155	191	3	review	review	NOUN
bpbj-155	191	4	of	of	ADP
bpbj-155	191	5	esg	esg	PROPN
bpbj-155	191	6	investing	investing	NOUN
bpbj-155	191	7	.	.	PUNCT
bpbj-155	192	1	review	review	NOUN
bpbj-155	192	2	of	of	ADP
bpbj-155	192	3	financial	financial	ADJ
bpbj-155	192	4	economics	economic	NOUN
bpbj-155	192	5	26	26	NUM
bpbj-155	192	6	,	,	PUNCT
bpbj-155	192	7	25–35	25–35	NUM
bpbj-155	192	8	.	.	PUNCT
bpbj-155	193	1	higuchi	higuchi	PROPN
bpbj-155	193	2	,	,	PUNCT
bpbj-155	193	3	k.	k.	PROPN
bpbj-155	193	4	(	(	PUNCT
bpbj-155	193	5	2016	2016	NUM
bpbj-155	193	6	)	)	PUNCT
bpbj-155	193	7	.	.	PUNCT
bpbj-155	194	1	kh	kh	PROPN
bpbj-155	194	2	coder	coder	PROPN
bpbj-155	194	3	reference	reference	NOUN
bpbj-155	194	4	manual	manual	NOUN
bpbj-155	194	5	.	.	PUNCT
bpbj-155	195	1	https://	https://	PROPN
bpbj-155	195	2	khcoder.net/en/manual_en_v3.pdf	khcoder.net/en/manual_en_v3.pdf	PROPN
bpbj-155	195	3	japan	japan	PROPN
bpbj-155	195	4	paper	paper	PROPN
bpbj-155	195	5	association	association	PROPN
bpbj-155	195	6	(	(	PUNCT
bpbj-155	195	7	2024a	2024a	NUM
bpbj-155	195	8	)	)	PUNCT
bpbj-155	195	9	.	.	PUNCT
bpbj-155	196	1	65	65	NUM
bpbj-155	196	2	%	%	NOUN
bpbj-155	196	3	of	of	ADP
bpbj-155	196	4	recovered	recovered	ADJ
bpbj-155	196	5	paper	paper	NOUN
bpbj-155	196	6	utilization	utilization	NOUN
bpbj-155	196	7	rate	rate	NOUN
bpbj-155	196	8	is	be	AUX
bpbj-155	196	9	the	the	DET
bpbj-155	196	10	new	new	ADJ
bpbj-155	196	11	target	target	NOUN
bpbj-155	196	12	for	for	ADP
bpbj-155	196	13	“	"	PUNCT
bpbj-155	196	14	japan	japan	PROPN
bpbj-155	196	15	,	,	PUNCT
bpbj-155	196	16	a	a	DET
bpbj-155	196	17	paper	paper	NOUN
bpbj-155	196	18	recycling	recycling	NOUN
bpbj-155	196	19	country	country	NOUN
bpbj-155	196	20	.	.	PUNCT
bpbj-155	196	21	”	"	PUNCT
bpbj-155	197	1	https://www.jpa.gr.jp/en/env/recycle/aim/	https://www.jpa.gr.jp/en/env/recycle/aim/	PROPN
bpbj-155	197	2	japan	japan	PROPN
bpbj-155	197	3	paper	paper	PROPN
bpbj-155	197	4	association	association	PROPN
bpbj-155	197	5	(	(	PUNCT
bpbj-155	197	6	2024b	2024b	NUM
bpbj-155	197	7	)	)	PUNCT
bpbj-155	197	8	.	.	PUNCT
bpbj-155	198	1	japan	japan	PROPN
bpbj-155	198	2	paper	paper	PROPN
bpbj-155	198	3	association	association	PROPN
bpbj-155	198	4	sustainability	sustainability	NOUN
bpbj-155	198	5	report	report	NOUN
bpbj-155	198	6	2023	2023	NUM
bpbj-155	198	7	,	,	PUNCT
bpbj-155	198	8	https://www.jpa.gr.jp/sustainability/report/pdf/en_report2023.pdf	https://www.jpa.gr.jp/sustainability/report/pdf/en_report2023.pdf	PROPN
bpbj-155	198	9	japan	japan	PROPN
bpbj-155	198	10	sustainable	sustainable	ADJ
bpbj-155	198	11	investment	investment	NOUN
bpbj-155	198	12	forum	forum	NOUN
bpbj-155	198	13	(	(	PUNCT
bpbj-155	198	14	2022	2022	NUM
bpbj-155	198	15	)	)	PUNCT
bpbj-155	198	16	.	.	PUNCT
bpbj-155	199	1	sustainable	sustainable	ADJ
bpbj-155	199	2	investment	investment	NOUN
bpbj-155	199	3	survey	survey	NOUN
bpbj-155	199	4	in	in	ADP
bpbj-155	199	5	japan	japan	PROPN
bpbj-155	199	6	2021	2021	NUM
bpbj-155	199	7	.	.	PUNCT
bpbj-155	200	1	https://japansif.com/	https://japansif.com/	VERB
bpbj-155	200	2	wp	wp	NOUN
bpbj-155	200	3	-	-	PUNCT
bpbj-155	200	4	content	content	NOUN
bpbj-155	200	5	/	/	SYM
bpbj-155	200	6	uploads/2022/03/2022survey	uploads/2022/03/2022survey	NOUN
bpbj-155	200	7	-	-	PUNCT
bpbj-155	200	8	jp.pdf	jp.pdf	PROPN
bpbj-155	200	9	koller	koller	NOUN
bpbj-155	200	10	,	,	PUNCT
bpbj-155	200	11	t.	t.	PROPN
bpbj-155	200	12	,	,	PUNCT
bpbj-155	200	13	nuttall	nuttall	PROPN
bpbj-155	200	14	,	,	PUNCT
bpbj-155	200	15	r.	r.	PROPN
bpbj-155	200	16	henisz	henisz	PROPN
bpbj-155	200	17	,	,	PUNCT
bpbj-155	200	18	w.	w.	NOUN
bpbj-155	200	19	(	(	PUNCT
bpbj-155	200	20	2019	2019	NUM
bpbj-155	200	21	)	)	PUNCT
bpbj-155	200	22	.	.	PUNCT
bpbj-155	201	1	five	five	NUM
bpbj-155	201	2	ways	way	NOUN
bpbj-155	201	3	that	that	PRON
bpbj-155	201	4	esg	esg	NOUN
bpbj-155	201	5	creates	create	VERB
bpbj-155	201	6	value	value	NOUN
bpbj-155	201	7	.	.	PUNCT
bpbj-155	202	1	mckinsey	mckinsey	NOUN
bpbj-155	202	2	insights	insight	NOUN
bpbj-155	202	3	,	,	PUNCT
bpbj-155	202	4	november	november	PROPN
bpbj-155	202	5	4	4	NUM
bpbj-155	202	6	,	,	PUNCT
bpbj-155	202	7	2019	2019	NUM
bpbj-155	202	8	.	.	PUNCT
bpbj-155	203	1	https://www.mckinsey.com/business-functions/strategy-and-corporate-finance/our-insights/five-ways-thatesg-creates-value	https://www.mckinsey.com/business-functions/strategy-and-corporate-finance/our-insights/five-ways-thatesg-creates-value	NOUN
bpbj-155	203	2	#	#	NOUN
bpbj-155	203	3	kuninaka	kuninaka	NOUN
bpbj-155	203	4	,	,	PUNCT
bpbj-155	203	5	y.	y.	PROPN
bpbj-155	203	6	(	(	PUNCT
bpbj-155	203	7	1980	1980	NUM
bpbj-155	203	8	)	)	PUNCT
bpbj-155	203	9	.	.	PUNCT
bpbj-155	204	1	the	the	DET
bpbj-155	204	2	state	state	NOUN
bpbj-155	204	3	-	-	PUNCT
bpbj-155	204	4	of	of	ADP
bpbj-155	204	5	-	-	PUNCT
bpbj-155	204	6	art	art	NOUN
bpbj-155	204	7	review	review	NOUN
bpbj-155	204	8	and	and	CCONJ
bpbj-155	204	9	perspectives	perspective	NOUN
bpbj-155	204	10	on	on	ADP
bpbj-155	204	11	the	the	DET
bpbj-155	204	12	environmental	environmental	ADJ
bpbj-155	204	13	problem	problem	NOUN
bpbj-155	204	14	of	of	ADP
bpbj-155	204	15	the	the	DET
bpbj-155	204	16	japanese	japanese	ADJ
bpbj-155	204	17	pulp	pulp	PROPN
bpbj-155	204	18	&	&	CCONJ
bpbj-155	204	19	paper	paper	NOUN
bpbj-155	204	20	industry	industry	NOUN
bpbj-155	204	21	(	(	PUNCT
bpbj-155	204	22	in	in	ADP
bpbj-155	204	23	japanese	japanese	PROPN
bpbj-155	204	24	with	with	ADP
bpbj-155	204	25	english	english	PROPN
bpbj-155	204	26	abstract	abstract	NOUN
bpbj-155	204	27	)	)	PUNCT
bpbj-155	204	28	.	.	PUNCT
bpbj-155	205	1	japan	japan	PROPN
bpbj-155	205	2	tappi	tappi	PROPN
bpbj-155	205	3	journal	journal	PROPN
bpbj-155	205	4	34(3	34(3	NUM
bpbj-155	205	5	)	)	PUNCT
bpbj-155	205	6	,	,	PUNCT
bpbj-155	205	7	211–221	211–221	NUM
bpbj-155	205	8	.	.	PUNCT
bpbj-155	206	1	nagasaka	nagasaka	PROPN
bpbj-155	206	2	,	,	PUNCT
bpbj-155	206	3	k.	k.	PROPN
bpbj-155	206	4	,	,	PUNCT
bpbj-155	206	5	inoue	inoue	PROPN
bpbj-155	206	6	,	,	PUNCT
bpbj-155	206	7	m.	m.	NOUN
bpbj-155	206	8	(	(	PUNCT
bpbj-155	206	9	2022	2022	NUM
bpbj-155	206	10	)	)	PUNCT
bpbj-155	206	11	disclosure	disclosure	NOUN
bpbj-155	206	12	strategy	strategy	NOUN
bpbj-155	206	13	of	of	ADP
bpbj-155	206	14	sustainability	sustainability	NOUN
bpbj-155	206	15	information	information	NOUN
bpbj-155	206	16	by	by	ADP
bpbj-155	206	17	japanese	japanese	ADJ
bpbj-155	206	18	paper	paper	NOUN
bpbj-155	206	19	and	and	CCONJ
bpbj-155	206	20	pulp	pulp	NOUN
bpbj-155	206	21	industry	industry	NOUN
bpbj-155	206	22	,	,	PUNCT
bpbj-155	206	23	2022	2022	NUM
bpbj-155	206	24	autumn	autumn	NOUN
bpbj-155	206	25	academic	academic	ADJ
bpbj-155	206	26	meetings	meeting	NOUN
bpbj-155	206	27	of	of	ADP
bpbj-155	206	28	the	the	DET
bpbj-155	206	29	japanese	japanese	ADJ
bpbj-155	206	30	forest	forest	NOUN
bpbj-155	206	31	economic	economic	ADJ
bpbj-155	206	32	society	society	NOUN
bpbj-155	206	33	,	,	PUNCT
bpbj-155	206	34	dec	dec	PROPN
bpbj-155	206	35	3	3	NUM
bpbj-155	206	36	.	.	X
bpbj-155	206	37	kyoto	kyoto	PROPN
bpbj-155	206	38	,	,	PUNCT
bpbj-155	206	39	japan	japan	PROPN
bpbj-155	206	40	.	.	PUNCT
bpbj-155	207	1	nishitani	nishitani	PROPN
bpbj-155	207	2	,	,	PUNCT
bpbj-155	207	3	k.	k.	PROPN
bpbj-155	207	4	(	(	PUNCT
bpbj-155	207	5	2014	2014	NUM
bpbj-155	207	6	)	)	PUNCT
bpbj-155	207	7	.	.	PUNCT
bpbj-155	208	1	an	an	DET
bpbj-155	208	2	empirical	empirical	ADJ
bpbj-155	208	3	analysis	analysis	NOUN
bpbj-155	208	4	of	of	ADP
bpbj-155	208	5	how	how	SCONJ
bpbj-155	208	6	a	a	DET
bpbj-155	208	7	firm	firm	NOUN
bpbj-155	208	8	’s	’s	PART
bpbj-155	208	9	environmental	environmental	ADJ
bpbj-155	208	10	management	management	NOUN
bpbj-155	208	11	activities	activity	NOUN
bpbj-155	208	12	and	and	CCONJ
bpbj-155	208	13	environmental	environmental	ADJ
bpbj-155	208	14	disclosures	disclosure	NOUN
bpbj-155	208	15	influence	influence	VERB
bpbj-155	208	16	its	its	PRON
bpbj-155	208	17	stockholder	stockholder	NOUN
bpbj-155	208	18	value	value	NOUN
bpbj-155	208	19	(	(	PUNCT
bpbj-155	208	20	in	in	ADP
bpbj-155	208	21	japanese	japanese	PROPN
bpbj-155	208	22	)	)	PUNCT
bpbj-155	208	23	.	.	PUNCT
bpbj-155	209	1	kankyo	kankyo	PROPN
bpbj-155	209	2	keizai	keizai	PROPN
bpbj-155	209	3	seisaku	seisaku	PROPN
bpbj-155	209	4	kenkyu	kenkyu	PROPN
bpbj-155	209	5	7(1	7(1	PROPN
bpbj-155	209	6	)	)	PUNCT
bpbj-155	209	7	,	,	PUNCT
bpbj-155	209	8	10–22	10–22	NUM
bpbj-155	209	9	.	.	PUNCT
bpbj-155	210	1	oecd	oecd	PROPN
bpbj-155	210	2	(	(	PUNCT
bpbj-155	210	3	2020	2020	NUM
bpbj-155	210	4	)	)	PUNCT
bpbj-155	210	5	.	.	PUNCT
bpbj-155	211	1	oecd	oecd	PROPN
bpbj-155	211	2	business	business	NOUN
bpbj-155	211	3	and	and	CCONJ
bpbj-155	211	4	finance	finance	NOUN
bpbj-155	211	5	outlook	outlook	NOUN
bpbj-155	211	6	2020	2020	NUM
bpbj-155	211	7	.	.	PUNCT
bpbj-155	212	1	https://www.oecd-ilibrary.org/sites/b854a453-en/index	https://www.oecd-ilibrary.org/sites/b854a453-en/index	NOUN
bpbj-155	212	2	.	.	PUNCT
bpbj-155	213	1	html?itemid=/content	html?itemid=/content	PROPN
bpbj-155	213	2	/	/	SYM
bpbj-155	213	3	component	component	NOUN
bpbj-155	213	4	/	/	SYM
bpbj-155	213	5	b854a453	b854a453	NOUN
bpbj-155	213	6	-	-	PUNCT
bpbj-155	213	7	en	en	X
bpbj-155	213	8	oji	oji	PROPN
bpbj-155	213	9	holdings	holding	NOUN
bpbj-155	213	10	corporation	corporation	NOUN
bpbj-155	213	11	(	(	PUNCT
bpbj-155	213	12	2024	2024	NUM
bpbj-155	213	13	)	)	PUNCT
bpbj-155	213	14	.	.	PUNCT
bpbj-155	214	1	results	result	NOUN
bpbj-155	214	2	of	of	ADP
bpbj-155	214	3	economic	economic	ADJ
bpbj-155	214	4	value	value	NOUN
bpbj-155	214	5	assessment	assessment	NOUN
bpbj-155	214	6	of	of	ADP
bpbj-155	214	7	company	company	NOUN
bpbj-155	214	8	owned	own	VERB
bpbj-155	214	9	forests	forest	NOUN
bpbj-155	214	10	in	in	ADP
bpbj-155	214	11	japan	japan	PROPN
bpbj-155	214	12	and	and	CCONJ
bpbj-155	214	13	quantification	quantification	NOUN
bpbj-155	214	14	projects	project	NOUN
bpbj-155	214	15	.	.	PUNCT
bpbj-155	215	1	https://www.ojiholdings.co.jp/portals/0/resources/content/files/english/	https://www.ojiholdings.co.jp/portals/0/resources/content/files/english/	PROPN
bpbj-155	215	2	ir	ir	PROPN
bpbj-155	215	3	/	/	SYM
bpbj-155	215	4	news/2024	news/2024	ADJ
bpbj-155	215	5	/	/	SYM
bpbj-155	215	6	results%20of%20economic%20value%20	results%20of%20economic%20value%20	NOUN
bpbj-155	215	7	assessment%20of%20company%20owned%20forests	assessment%20of%20company%20owned%20forest	NOUN
bpbj-155	215	8	.	.	PUNCT
bpbj-155	216	1	pdf?tabmodule1281=0	pdf?tabmodule1281=0	ADJ
bpbj-155	216	2	porter	porter	NOUN
bpbj-155	216	3	,	,	PUNCT
bpbj-155	216	4	m.	m.	NOUN
bpbj-155	216	5	,	,	PUNCT
bpbj-155	216	6	kramer	kramer	PROPN
bpbj-155	216	7	,	,	PUNCT
bpbj-155	216	8	m.	m.	NOUN
bpbj-155	216	9	(	(	PUNCT
bpbj-155	216	10	2011	2011	NUM
bpbj-155	216	11	)	)	PUNCT
bpbj-155	216	12	.	.	PUNCT
bpbj-155	217	1	creating	create	VERB
bpbj-155	217	2	shared	shared	ADJ
bpbj-155	217	3	value	value	NOUN
bpbj-155	217	4	.	.	PUNCT
bpbj-155	218	1	harvard	harvard	PROPN
bpbj-155	218	2	business	business	PROPN
bpbj-155	218	3	review	review	PROPN
bpbj-155	218	4	,	,	PUNCT
bpbj-155	218	5	jan	jan	PROPN
bpbj-155	218	6	–	–	PUNCT
bpbj-155	218	7	feb	feb	NOUN
bpbj-155	218	8	.	.	PROPN
bpbj-155	218	9	,	,	PUNCT
bpbj-155	218	10	2011	2011	NUM
bpbj-155	218	11	.	.	PUNCT
bpbj-155	219	1	https://hbr	https://hbr	PROPN
bpbj-155	219	2	.	.	PUNCT
bpbj-155	220	1	org/2011/01	org/2011/01	PROPN
bpbj-155	220	2	/	/	SYM
bpbj-155	220	3	the	the	DET
bpbj-155	220	4	-	-	PUNCT
bpbj-155	220	5	big	big	ADJ
bpbj-155	220	6	-	-	PUNCT
bpbj-155	220	7	idea	idea	NOUN
bpbj-155	220	8	-	-	PUNCT
bpbj-155	220	9	creating	create	VERB
bpbj-155	220	10	-	-	PUNCT
bpbj-155	220	11	shared	share	VERB
bpbj-155	220	12	-	-	PUNCT
bpbj-155	220	13	value	value	NOUN
bpbj-155	220	14	.	.	PUNCT
bpbj-155	221	1	renneboog	renneboog	NOUN
bpbj-155	221	2	,	,	PUNCT
bpbj-155	221	3	l.	l.	PROPN
bpbj-155	221	4	,	,	PUNCT
bpbj-155	221	5	horst	horst	PROPN
bpbj-155	221	6	,	,	PUNCT
bpbj-155	221	7	j.	j.	PROPN
bpbj-155	221	8	,	,	PUNCT
bpbj-155	221	9	zhang	zhang	PROPN
bpbj-155	221	10	,	,	PUNCT
bpbj-155	221	11	c.	c.	PROPN
bpbj-155	221	12	(	(	PUNCT
bpbj-155	221	13	2008	2008	NUM
bpbj-155	221	14	)	)	PUNCT
bpbj-155	221	15	.	.	PUNCT
bpbj-155	222	1	the	the	DET
bpbj-155	222	2	price	price	NOUN
bpbj-155	222	3	of	of	ADP
bpbj-155	222	4	ethics	ethic	NOUN
bpbj-155	222	5	and	and	CCONJ
bpbj-155	222	6	stakeholder	stakeholder	NOUN
bpbj-155	222	7	governance	governance	NOUN
bpbj-155	222	8	:	:	PUNCT
bpbj-155	222	9	the	the	DET
bpbj-155	222	10	performance	performance	NOUN
bpbj-155	222	11	of	of	ADP
bpbj-155	222	12	socially	socially	ADV
bpbj-155	222	13	responsible	responsible	ADJ
bpbj-155	222	14	mutual	mutual	ADJ
bpbj-155	222	15	funds	fund	NOUN
bpbj-155	222	16	.	.	PUNCT
bpbj-155	223	1	journal	journal	NOUN
bpbj-155	223	2	of	of	ADP
bpbj-155	223	3	corporate	corporate	ADJ
bpbj-155	223	4	finance	finance	NOUN
bpbj-155	223	5	14	14	NUM
bpbj-155	223	6	,	,	PUNCT
bpbj-155	223	7	302–322	302–322	NUM
bpbj-155	223	8	.	.	PUNCT
bpbj-155	223	9	research	research	NOUN
bpbj-155	223	10	bureau	bureau	PROPN
bpbj-155	223	11	of	of	ADP
bpbj-155	223	12	the	the	DET
bpbj-155	223	13	house	house	PROPN
bpbj-155	223	14	of	of	ADP
bpbj-155	223	15	representatives	representative	NOUN
bpbj-155	223	16	(	(	PUNCT
bpbj-155	223	17	2008	2008	NUM
bpbj-155	223	18	)	)	PUNCT
bpbj-155	223	19	.	.	PUNCT
bpbj-155	224	1	the	the	DET
bpbj-155	224	2	problem	problem	NOUN
bpbj-155	224	3	of	of	ADP
bpbj-155	224	4	mislabeled	mislabele	VERB
bpbj-155	224	5	recovered	recover	VERB
bpbj-155	224	6	paper	paper	NOUN
bpbj-155	224	7	pulp	pulp	NOUN
bpbj-155	224	8	content	content	NOUN
bpbj-155	224	9	ratio	ratio	NOUN
bpbj-155	224	10	~	~	NOUN
bpbj-155	224	11	background	background	NOUN
bpbj-155	224	12	and	and	CCONJ
bpbj-155	224	13	future	future	ADJ
bpbj-155	224	14	efforts	effort	NOUN
bpbj-155	224	15	required	require	VERB
bpbj-155	224	16	(	(	PUNCT
bpbj-155	224	17	in	in	ADP
bpbj-155	224	18	japanese	japanese	PROPN
bpbj-155	224	19	)	)	PUNCT
bpbj-155	224	20	.	.	PUNCT
bpbj-155	225	1	https://www.shugiin.go.jp/internet/itdb	https://www.shugiin.go.jp/internet/itdb	X
bpbj-155	225	2	_	_	PRON
bpbj-155	225	3	rchome.nsf/html/rchome/shiryo/kankyo_200807_koshi	rchome.nsf/html/rchome/shiryo/kankyo_200807_koshi	NOUN
bpbj-155	225	4	.	.	PUNCT
bpbj-155	226	1	pdf/$file	pdf/$file	ADJ
bpbj-155	226	2	/	/	SYM
bpbj-155	226	3	kankyo_200807_koshi.pdf	kankyo_200807_koshi.pdf	NOUN
