id	sid	tid	token	lemma	pos
cblr-1770	1	1	microsoft	microsoft	PROPN
cblr-1770	1	2	word	word	PROPN
cblr-1770	1	3	3	3	NUM
cblr-1770	1	4	jackson	jackson	NOUN
cblr-1770	1	5	final	final	ADJ
cblr-1770	1	6	3.10_no	3.10_no	NUM
cblr-1770	1	7	stamp.docx	stamp.docx	ADJ
cblr-1770	1	8	corporate	corporate	ADJ
cblr-1770	1	9	governance	governance	NOUN
cblr-1770	1	10	and	and	CCONJ
cblr-1770	1	11	executive	executive	ADJ
cblr-1770	1	12	compensation	compensation	NOUN
cblr-1770	1	13	:	:	PUNCT
cblr-1770	1	14	evidence	evidence	NOUN
cblr-1770	1	15	from	from	ADP
cblr-1770	1	16	japan	japan	PROPN
cblr-1770	1	17	robert	robert	PROPN
cblr-1770	1	18	j.	j.	PROPN
cblr-1770	1	19	jackson	jackson	PROPN
cblr-1770	1	20	,	,	PUNCT
cblr-1770	1	21	jr	jr	PROPN
cblr-1770	1	22	.	.	PROPN
cblr-1770	1	23	*	*	PROPN
cblr-1770	1	24	&	&	CCONJ
cblr-1770	1	25	curtis	curtis	PROPN
cblr-1770	1	26	j.	j.	PROPN
cblr-1770	1	27	milhaupt	milhaupt	PROPN
cblr-1770	1	28	*	*	PROPN
cblr-1770	1	29	*	*	NOUN
cblr-1770	1	30	lawmakers	lawmaker	NOUN
cblr-1770	1	31	around	around	ADP
cblr-1770	1	32	the	the	DET
cblr-1770	1	33	world	world	NOUN
cblr-1770	1	34	are	be	AUX
cblr-1770	1	35	now	now	ADV
cblr-1770	1	36	urging	urge	VERB
cblr-1770	1	37	corporations	corporation	NOUN
cblr-1770	1	38	to	to	PART
cblr-1770	1	39	adopt	adopt	VERB
cblr-1770	1	40	governance	governance	NOUN
cblr-1770	1	41	and	and	CCONJ
cblr-1770	1	42	executive	executive	ADJ
cblr-1770	1	43	pay	pay	NOUN
cblr-1770	1	44	standards	standard	NOUN
cblr-1770	1	45	drawn	draw	VERB
cblr-1770	1	46	largely	largely	ADV
cblr-1770	1	47	from	from	ADP
cblr-1770	1	48	the	the	DET
cblr-1770	1	49	american	american	ADJ
cblr-1770	1	50	corporate	corporate	ADJ
cblr-1770	1	51	law	law	NOUN
cblr-1770	1	52	context	context	NOUN
cblr-1770	1	53	.	.	PUNCT
cblr-1770	2	1	yet	yet	ADV
cblr-1770	2	2	little	little	ADJ
cblr-1770	2	3	is	be	AUX
cblr-1770	2	4	known	know	VERB
cblr-1770	2	5	about	about	ADP
cblr-1770	2	6	how	how	SCONJ
cblr-1770	2	7	corporate	corporate	ADJ
cblr-1770	2	8	governance	governance	NOUN
cblr-1770	2	9	actually	actually	ADV
cblr-1770	2	10	influences	influence	VERB
cblr-1770	2	11	executive	executive	ADJ
cblr-1770	2	12	compensation	compensation	NOUN
cblr-1770	2	13	decisions	decision	NOUN
cblr-1770	2	14	outside	outside	ADP
cblr-1770	2	15	of	of	ADP
cblr-1770	2	16	the	the	DET
cblr-1770	2	17	united	united	PROPN
cblr-1770	2	18	states	states	PROPN
cblr-1770	2	19	—	—	PUNCT
cblr-1770	2	20	and	and	CCONJ
cblr-1770	2	21	whether	whether	SCONJ
cblr-1770	2	22	adoption	adoption	NOUN
cblr-1770	2	23	of	of	ADP
cblr-1770	2	24	these	these	DET
cblr-1770	2	25	standards	standard	NOUN
cblr-1770	2	26	is	be	AUX
cblr-1770	2	27	likely	likely	ADJ
cblr-1770	2	28	to	to	PART
cblr-1770	2	29	be	be	AUX
cblr-1770	2	30	desirable	desirable	ADJ
cblr-1770	2	31	for	for	ADP
cblr-1770	2	32	investors	investor	NOUN
cblr-1770	2	33	abroad	abroad	ADV
cblr-1770	2	34	.	.	PUNCT
cblr-1770	3	1	in	in	ADP
cblr-1770	3	2	this	this	DET
cblr-1770	3	3	article	article	NOUN
cblr-1770	3	4	,	,	PUNCT
cblr-1770	3	5	we	we	PRON
cblr-1770	3	6	take	take	VERB
cblr-1770	3	7	advantage	advantage	NOUN
cblr-1770	3	8	of	of	ADP
cblr-1770	3	9	a	a	DET
cblr-1770	3	10	recent	recent	ADJ
cblr-1770	3	11	change	change	NOUN
cblr-1770	3	12	in	in	ADP
cblr-1770	3	13	japanese	japanese	ADJ
cblr-1770	3	14	law	law	NOUN
cblr-1770	3	15	to	to	PART
cblr-1770	3	16	provide	provide	VERB
cblr-1770	3	17	the	the	DET
cblr-1770	3	18	first	first	ADJ
cblr-1770	3	19	direct	direct	ADJ
cblr-1770	3	20	empirical	empirical	ADJ
cblr-1770	3	21	evidence	evidence	NOUN
cblr-1770	3	22	on	on	ADP
cblr-1770	3	23	executive	executive	ADJ
cblr-1770	3	24	pay	pay	NOUN
cblr-1770	3	25	in	in	ADP
cblr-1770	3	26	japan	japan	PROPN
cblr-1770	3	27	.	.	PUNCT
cblr-1770	4	1	the	the	DET
cblr-1770	4	2	evidence	evidence	NOUN
cblr-1770	4	3	provides	provide	VERB
cblr-1770	4	4	striking	striking	ADJ
cblr-1770	4	5	detail	detail	NOUN
cblr-1770	4	6	on	on	ADP
cblr-1770	4	7	the	the	DET
cblr-1770	4	8	amount	amount	NOUN
cblr-1770	4	9	and	and	CCONJ
cblr-1770	4	10	structure	structure	NOUN
cblr-1770	4	11	of	of	ADP
cblr-1770	4	12	japanese	japanese	ADJ
cblr-1770	4	13	executive	executive	ADJ
cblr-1770	4	14	compensation	compensation	NOUN
cblr-1770	4	15	.	.	PUNCT
cblr-1770	5	1	the	the	DET
cblr-1770	5	2	data	data	NOUN
cblr-1770	5	3	point	point	VERB
cblr-1770	5	4	to	to	ADP
cblr-1770	5	5	a	a	DET
cblr-1770	5	6	previously	previously	ADV
cblr-1770	5	7	unappreciated	unappreciated	ADJ
cblr-1770	5	8	link	link	NOUN
cblr-1770	5	9	between	between	ADP
cblr-1770	5	10	corporate	corporate	ADJ
cblr-1770	5	11	governance	governance	NOUN
cblr-1770	5	12	and	and	CCONJ
cblr-1770	5	13	executive	executive	ADJ
cblr-1770	5	14	pay	pay	NOUN
cblr-1770	5	15	in	in	ADP
cblr-1770	5	16	japan	japan	PROPN
cblr-1770	5	17	and	and	CCONJ
cblr-1770	5	18	indicate	indicate	VERB
cblr-1770	5	19	that	that	SCONJ
cblr-1770	5	20	several	several	ADJ
cblr-1770	5	21	trends	trend	NOUN
cblr-1770	5	22	familiar	familiar	ADJ
cblr-1770	5	23	to	to	ADP
cblr-1770	5	24	the	the	DET
cblr-1770	5	25	u.s	u.s	PROPN
cblr-1770	5	26	.	.	PROPN
cblr-1770	5	27	compensation	compensation	NOUN
cblr-1770	5	28	landscape	landscape	NOUN
cblr-1770	5	29	have	have	AUX
cblr-1770	5	30	begun	begin	VERB
cblr-1770	5	31	to	to	PART
cblr-1770	5	32	take	take	VERB
cblr-1770	5	33	hold	hold	NOUN
cblr-1770	5	34	in	in	ADP
cblr-1770	5	35	japanese	japanese	ADJ
cblr-1770	5	36	firms	firm	NOUN
cblr-1770	5	37	.	.	PUNCT
cblr-1770	6	1	our	our	PRON
cblr-1770	6	2	findings	finding	NOUN
cblr-1770	6	3	suggest	suggest	VERB
cblr-1770	6	4	that	that	SCONJ
cblr-1770	6	5	lawmakers	lawmaker	NOUN
cblr-1770	6	6	and	and	CCONJ
cblr-1770	6	7	firms	firm	NOUN
cblr-1770	6	8	should	should	AUX
cblr-1770	6	9	take	take	VERB
cblr-1770	6	10	careful	careful	ADJ
cblr-1770	6	11	account	account	NOUN
cblr-1770	6	12	of	of	ADP
cblr-1770	6	13	the	the	DET
cblr-1770	6	14	relationship	relationship	NOUN
cblr-1770	6	15	between	between	ADP
cblr-1770	6	16	*	*	PUNCT
cblr-1770	6	17	associate	associate	NOUN
cblr-1770	6	18	professor	professor	NOUN
cblr-1770	6	19	of	of	ADP
cblr-1770	6	20	law	law	NOUN
cblr-1770	6	21	,	,	PUNCT
cblr-1770	6	22	milton	milton	PROPN
cblr-1770	6	23	handler	handler	PROPN
cblr-1770	6	24	fellow	fellow	NOUN
cblr-1770	6	25	and	and	CCONJ
cblr-1770	6	26	co	co	NOUN
cblr-1770	6	27	-	-	NOUN
cblr-1770	6	28	director	director	NOUN
cblr-1770	6	29	of	of	ADP
cblr-1770	6	30	the	the	DET
cblr-1770	6	31	ira	ira	PROPN
cblr-1770	6	32	m.	m.	PROPN
cblr-1770	6	33	millstein	millstein	PROPN
cblr-1770	6	34	center	center	PROPN
cblr-1770	6	35	for	for	ADP
cblr-1770	6	36	global	global	ADJ
cblr-1770	6	37	markets	market	NOUN
cblr-1770	6	38	and	and	CCONJ
cblr-1770	6	39	corporate	corporate	ADJ
cblr-1770	6	40	ownership	ownership	NOUN
cblr-1770	6	41	,	,	PUNCT
cblr-1770	6	42	columbia	columbia	PROPN
cblr-1770	6	43	law	law	NOUN
cblr-1770	6	44	school	school	NOUN
cblr-1770	6	45	.	.	PUNCT
cblr-1770	7	1	*	*	PUNCT
cblr-1770	7	2	*	*	PUNCT
cblr-1770	7	3	parker	parker	PROPN
cblr-1770	7	4	professor	professor	NOUN
cblr-1770	7	5	of	of	ADP
cblr-1770	7	6	comparative	comparative	ADJ
cblr-1770	7	7	corporate	corporate	ADJ
cblr-1770	7	8	law	law	NOUN
cblr-1770	7	9	and	and	CCONJ
cblr-1770	7	10	fuyo	fuyo	NOUN
cblr-1770	7	11	professor	professor	NOUN
cblr-1770	7	12	of	of	ADP
cblr-1770	7	13	japanese	japanese	ADJ
cblr-1770	7	14	law	law	PROPN
cblr-1770	7	15	,	,	PUNCT
cblr-1770	7	16	columbia	columbia	PROPN
cblr-1770	7	17	law	law	PROPN
cblr-1770	7	18	school	school	NOUN
cblr-1770	7	19	;	;	PUNCT
cblr-1770	7	20	member	member	NOUN
cblr-1770	7	21	,	,	PUNCT
cblr-1770	7	22	european	european	ADJ
cblr-1770	7	23	corporate	corporate	ADJ
cblr-1770	7	24	governance	governance	NOUN
cblr-1770	7	25	institute	institute	NOUN
cblr-1770	7	26	.	.	PUNCT
cblr-1770	8	1	we	we	PRON
cblr-1770	8	2	thank	thank	VERB
cblr-1770	8	3	jeffrey	jeffrey	PROPN
cblr-1770	8	4	gordon	gordon	PROPN
cblr-1770	8	5	,	,	PUNCT
cblr-1770	8	6	hideki	hideki	PROPN
cblr-1770	8	7	kanda	kanda	PROPN
cblr-1770	8	8	,	,	PUNCT
cblr-1770	8	9	soren	soren	PROPN
cblr-1770	8	10	larson	larson	PROPN
cblr-1770	8	11	,	,	PUNCT
cblr-1770	8	12	edward	edward	PROPN
cblr-1770	8	13	morrison	morrison	PROPN
cblr-1770	8	14	,	,	PUNCT
cblr-1770	8	15	darius	darius	PROPN
cblr-1770	8	16	palia	palia	PROPN
cblr-1770	8	17	,	,	PUNCT
cblr-1770	8	18	mariana	mariana	PROPN
cblr-1770	8	19	pargendler	pargendler	PROPN
cblr-1770	8	20	,	,	PUNCT
cblr-1770	8	21	hugh	hugh	PROPN
cblr-1770	8	22	patrick	patrick	PROPN
cblr-1770	8	23	,	,	PUNCT
cblr-1770	8	24	j.	j.	PROPN
cblr-1770	8	25	mark	mark	PROPN
cblr-1770	8	26	ramseyer	ramseyer	PROPN
cblr-1770	8	27	,	,	PUNCT
cblr-1770	8	28	eric	eric	PROPN
cblr-1770	8	29	b.	b.	PROPN
cblr-1770	8	30	rasmusen	rasmusen	PROPN
cblr-1770	8	31	,	,	PUNCT
cblr-1770	8	32	randall	randall	PROPN
cblr-1770	8	33	thomas	thomas	PROPN
cblr-1770	8	34	,	,	PUNCT
cblr-1770	8	35	and	and	CCONJ
cblr-1770	8	36	workshop	workshop	NOUN
cblr-1770	8	37	participants	participant	NOUN
cblr-1770	8	38	at	at	ADP
cblr-1770	8	39	the	the	DET
cblr-1770	8	40	reischauer	reischauer	PROPN
cblr-1770	8	41	institute	institute	PROPN
cblr-1770	8	42	of	of	ADP
cblr-1770	8	43	japanese	japanese	PROPN
cblr-1770	8	44	studies	study	NOUN
cblr-1770	8	45	at	at	ADP
cblr-1770	8	46	harvard	harvard	PROPN
cblr-1770	8	47	university	university	PROPN
cblr-1770	8	48	,	,	PUNCT
cblr-1770	8	49	the	the	DET
cblr-1770	8	50	university	university	NOUN
cblr-1770	8	51	of	of	ADP
cblr-1770	8	52	tokyo	tokyo	PROPN
cblr-1770	8	53	summer	summer	NOUN
cblr-1770	8	54	program	program	NOUN
cblr-1770	8	55	in	in	ADP
cblr-1770	8	56	corporate	corporate	ADJ
cblr-1770	8	57	law	law	NOUN
cblr-1770	8	58	,	,	PUNCT
cblr-1770	8	59	the	the	DET
cblr-1770	8	60	fundaçao	fundaçao	NOUN
cblr-1770	8	61	getúlio	getúlio	PROPN
cblr-1770	8	62	vargas	vargas	PROPN
cblr-1770	8	63	school	school	NOUN
cblr-1770	8	64	of	of	ADP
cblr-1770	8	65	law	law	NOUN
cblr-1770	8	66	at	at	ADP
cblr-1770	8	67	são	são	PROPN
cblr-1770	8	68	paulo	paulo	PROPN
cblr-1770	8	69	,	,	PUNCT
cblr-1770	8	70	and	and	CCONJ
cblr-1770	8	71	the	the	DET
cblr-1770	8	72	conference	conference	NOUN
cblr-1770	8	73	on	on	ADP
cblr-1770	8	74	financial	financial	ADJ
cblr-1770	8	75	regulation	regulation	NOUN
cblr-1770	8	76	in	in	ADP
cblr-1770	8	77	uncertain	uncertain	ADJ
cblr-1770	8	78	times	time	NOUN
cblr-1770	8	79	at	at	ADP
cblr-1770	8	80	the	the	DET
cblr-1770	8	81	university	university	PROPN
cblr-1770	8	82	of	of	ADP
cblr-1770	8	83	lugano	lugano	PROPN
cblr-1770	8	84	for	for	ADP
cblr-1770	8	85	helpful	helpful	ADJ
cblr-1770	8	86	comments	comment	NOUN
cblr-1770	8	87	.	.	PUNCT
cblr-1770	9	1	we	we	PRON
cblr-1770	9	2	are	be	AUX
cblr-1770	9	3	grateful	grateful	ADJ
cblr-1770	9	4	to	to	PART
cblr-1770	9	5	eugene	eugene	VERB
cblr-1770	9	6	cheval	cheval	NOUN
cblr-1770	9	7	,	,	PUNCT
cblr-1770	9	8	yoshiko	yoshiko	PROPN
cblr-1770	9	9	tsuwaki	tsuwaki	PROPN
cblr-1770	9	10	habe	habe	PROPN
cblr-1770	9	11	and	and	CCONJ
cblr-1770	9	12	roy	roy	PROPN
cblr-1770	9	13	moran	moran	PROPN
cblr-1770	9	14	for	for	ADP
cblr-1770	9	15	outstanding	outstanding	ADJ
cblr-1770	9	16	research	research	NOUN
cblr-1770	9	17	assistance	assistance	NOUN
cblr-1770	9	18	,	,	PUNCT
cblr-1770	9	19	and	and	CCONJ
cblr-1770	9	20	to	to	PART
cblr-1770	9	21	takaya	takaya	VERB
cblr-1770	9	22	seki	seki	NOUN
cblr-1770	9	23	of	of	ADP
cblr-1770	9	24	corporate	corporate	ADJ
cblr-1770	9	25	practice	practice	NOUN
cblr-1770	9	26	partners	partner	NOUN
cblr-1770	9	27	,	,	PUNCT
cblr-1770	9	28	inc	inc	PROPN
cblr-1770	9	29	.	.	PROPN
cblr-1770	9	30	for	for	ADP
cblr-1770	9	31	assistance	assistance	NOUN
cblr-1770	9	32	in	in	ADP
cblr-1770	9	33	identifying	identify	VERB
cblr-1770	9	34	and	and	CCONJ
cblr-1770	9	35	assembling	assemble	VERB
cblr-1770	9	36	our	our	PRON
cblr-1770	9	37	dataset	dataset	NOUN
cblr-1770	9	38	.	.	PUNCT
cblr-1770	10	1	112	112	NUM
cblr-1770	10	2	columbia	columbia	PROPN
cblr-1770	10	3	business	business	NOUN
cblr-1770	10	4	law	law	PROPN
cblr-1770	10	5	review	review	NOUN
cblr-1770	11	1	[	[	X
cblr-1770	11	2	vol	vol	NOUN
cblr-1770	11	3	.	.	PUNCT
cblr-1770	11	4	2014	2014	NUM
cblr-1770	11	5	governance	governance	NOUN
cblr-1770	11	6	and	and	CCONJ
cblr-1770	11	7	pay	pay	VERB
cblr-1770	11	8	before	before	ADP
cblr-1770	11	9	importing	import	VERB
cblr-1770	11	10	governance	governance	NOUN
cblr-1770	11	11	standards	standard	NOUN
cblr-1770	11	12	from	from	ADP
cblr-1770	11	13	abroad	abroad	ADV
cblr-1770	11	14	.	.	PUNCT
cblr-1770	12	1	i.	i.	PROPN
cblr-1770	12	2	!	!	PUNCT
cblr-1770	12	3	introduction	introduction	NOUN
cblr-1770	12	4	.................................................................	.................................................................	PUNCT
cblr-1770	13	1	113	113	NUM
cblr-1770	13	2	!	!	PUNCT
cblr-1770	13	3	ii	ii	PROPN
cblr-1770	13	4	.	.	PUNCT
cblr-1770	13	5	!	!	PUNCT
cblr-1770	14	1	corporate	corporate	ADJ
cblr-1770	14	2	governance	governance	NOUN
cblr-1770	14	3	and	and	CCONJ
cblr-1770	14	4	executive	executive	ADJ
cblr-1770	14	5	pay	pay	NOUN
cblr-1770	14	6	................	................	PUNCT
cblr-1770	15	1	115	115	NUM
cblr-1770	15	2	!	!	PUNCT
cblr-1770	16	1	a.	a.	NOUN
cblr-1770	16	2	!	!	PUNCT
cblr-1770	17	1	theory	theory	NOUN
cblr-1770	17	2	and	and	CCONJ
cblr-1770	17	3	evidence	evidence	NOUN
cblr-1770	17	4	from	from	ADP
cblr-1770	17	5	the	the	DET
cblr-1770	17	6	united	united	PROPN
cblr-1770	17	7	states	states	PROPN
cblr-1770	17	8	.....	.....	PUNCT
cblr-1770	18	1	117	117	NUM
cblr-1770	18	2	!	!	NOUN
cblr-1770	19	1	1	1	NUM
cblr-1770	19	2	.	.	PUNCT
cblr-1770	19	3	!	!	PUNCT
cblr-1770	20	1	competing	compete	VERB
cblr-1770	20	2	theories	theory	NOUN
cblr-1770	20	3	on	on	ADP
cblr-1770	20	4	executive	executive	ADJ
cblr-1770	20	5	pay	pay	NOUN
cblr-1770	20	6	...........	...........	PUNCT
cblr-1770	20	7	117	117	NUM
cblr-1770	20	8	!	!	NOUN
cblr-1770	20	9	2	2	NUM
cblr-1770	20	10	.	.	PUNCT
cblr-1770	20	11	!	!	PUNCT
cblr-1770	21	1	empirical	empirical	ADJ
cblr-1770	21	2	evidence	evidence	NOUN
cblr-1770	21	3	.........................................	.........................................	PUNCT
cblr-1770	22	1	119	119	X
cblr-1770	22	2	!	!	PUNCT
cblr-1770	22	3	b.	b.	PROPN
cblr-1770	22	4	!	!	PUNCT
cblr-1770	23	1	the	the	DET
cblr-1770	23	2	institutional	institutional	ADJ
cblr-1770	23	3	environment	environment	NOUN
cblr-1770	23	4	for	for	ADP
cblr-1770	23	5	executive	executive	ADJ
cblr-1770	23	6	pay	pay	NOUN
cblr-1770	23	7	in	in	ADP
cblr-1770	23	8	japan	japan	PROPN
cblr-1770	23	9	.........................................................	.........................................................	PUNCT
cblr-1770	24	1	121	121	NUM
cblr-1770	24	2	!	!	NOUN
cblr-1770	25	1	1	1	NUM
cblr-1770	25	2	.	.	PUNCT
cblr-1770	25	3	!	!	PUNCT
cblr-1770	26	1	japanese	japanese	ADJ
cblr-1770	26	2	corporate	corporate	ADJ
cblr-1770	26	3	governance	governance	NOUN
cblr-1770	26	4	....................	....................	PUNCT
cblr-1770	27	1	122	122	NUM
cblr-1770	27	2	!	!	PUNCT
cblr-1770	27	3	a.	a.	NOUN
cblr-1770	27	4	!	!	PUNCT
cblr-1770	28	1	traditional	traditional	ADJ
cblr-1770	28	2	structure	structure	NOUN
cblr-1770	28	3	................................	................................	PUNCT
cblr-1770	29	1	123	123	NUM
cblr-1770	29	2	!	!	PUNCT
cblr-1770	29	3	b.	b.	PROPN
cblr-1770	29	4	!	!	PUNCT
cblr-1770	30	1	committee	committee	NOUN
cblr-1770	30	2	structure	structure	NOUN
cblr-1770	30	3	.................................	.................................	PUNCT
cblr-1770	31	1	125	125	NUM
cblr-1770	31	2	!	!	PUNCT
cblr-1770	31	3	2	2	NUM
cblr-1770	31	4	.	.	PUNCT
cblr-1770	31	5	!	!	PUNCT
cblr-1770	32	1	empirical	empirical	ADJ
cblr-1770	32	2	study	study	NOUN
cblr-1770	32	3	of	of	ADP
cblr-1770	32	4	executive	executive	ADJ
cblr-1770	32	5	pay	pay	NOUN
cblr-1770	32	6	in	in	ADP
cblr-1770	32	7	japan	japan	PROPN
cblr-1770	32	8	..	..	PUNCT
cblr-1770	33	1	126	126	NUM
cblr-1770	33	2	!	!	X
cblr-1770	33	3	iii	iii	X
cblr-1770	33	4	.	.	PUNCT
cblr-1770	33	5	!	!	PUNCT
cblr-1770	34	1	evidence	evidence	NOUN
cblr-1770	34	2	on	on	ADP
cblr-1770	34	3	executive	executive	ADJ
cblr-1770	34	4	pay	pay	NOUN
cblr-1770	34	5	in	in	ADP
cblr-1770	34	6	japan	japan	PROPN
cblr-1770	34	7	.........................	.........................	PUNCT
cblr-1770	35	1	130	130	NUM
cblr-1770	35	2	!	!	PUNCT
cblr-1770	35	3	a.	a.	NOUN
cblr-1770	35	4	!	!	PUNCT
cblr-1770	35	5	methodology	methodology	NOUN
cblr-1770	35	6	and	and	CCONJ
cblr-1770	35	7	summary	summary	NOUN
cblr-1770	35	8	statistics	statistic	NOUN
cblr-1770	35	9	................	................	PUNCT
cblr-1770	36	1	131	131	X
cblr-1770	36	2	!	!	PUNCT
cblr-1770	36	3	b.	b.	PROPN
cblr-1770	36	4	!	!	PUNCT
cblr-1770	37	1	corporate	corporate	ADJ
cblr-1770	37	2	governance	governance	NOUN
cblr-1770	37	3	and	and	CCONJ
cblr-1770	37	4	executive	executive	ADJ
cblr-1770	37	5	pay	pay	NOUN
cblr-1770	37	6	..........	..........	PUNCT
cblr-1770	37	7	136	136	NUM
cblr-1770	37	8	!	!	PUNCT
cblr-1770	38	1	1	1	NUM
cblr-1770	38	2	.	.	PUNCT
cblr-1770	38	3	!	!	PUNCT
cblr-1770	39	1	compensation	compensation	NOUN
cblr-1770	39	2	structure	structure	NOUN
cblr-1770	39	3	.................................	.................................	PUNCT
cblr-1770	40	1	139	139	NUM
cblr-1770	40	2	!	!	X
cblr-1770	41	1	2	2	NUM
cblr-1770	41	2	.	.	NUM
cblr-1770	41	3	!	!	PUNCT
cblr-1770	42	1	compensation	compensation	NOUN
cblr-1770	42	2	and	and	CCONJ
cblr-1770	42	3	firm	firm	ADJ
cblr-1770	42	4	size	size	NOUN
cblr-1770	42	5	.........................	.........................	PUNCT
cblr-1770	42	6	142	142	NUM
cblr-1770	42	7	!	!	PUNCT
cblr-1770	43	1	3	3	NUM
cblr-1770	43	2	.	.	PUNCT
cblr-1770	43	3	!	!	PUNCT
cblr-1770	44	1	pay	pay	VERB
cblr-1770	44	2	equity	equity	NOUN
cblr-1770	44	3	inside	inside	ADP
cblr-1770	44	4	the	the	DET
cblr-1770	44	5	japanese	japanese	ADJ
cblr-1770	44	6	boardroom	boardroom	NOUN
cblr-1770	44	7	.	.	PUNCT
cblr-1770	45	1	143	143	X
cblr-1770	45	2	!	!	PUNCT
cblr-1770	45	3	c.	c.	PROPN
cblr-1770	45	4	!	!	PUNCT
cblr-1770	46	1	foreign	foreign	ADJ
cblr-1770	46	2	executives	executive	NOUN
cblr-1770	46	3	...............................................	...............................................	PUNCT
cblr-1770	47	1	146	146	X
cblr-1770	47	2	!	!	PUNCT
cblr-1770	47	3	d.	d.	PROPN
cblr-1770	47	4	!	!	PUNCT
cblr-1770	48	1	founding	found	VERB
cblr-1770	48	2	executives	executive	NOUN
cblr-1770	48	3	............................................	............................................	PUNCT
cblr-1770	49	1	148	148	NUM
cblr-1770	49	2	!	!	PUNCT
cblr-1770	49	3	iv	iv	X
cblr-1770	49	4	.	.	PUNCT
cblr-1770	49	5	!	!	PUNCT
cblr-1770	50	1	implications	implication	NOUN
cblr-1770	50	2	and	and	CCONJ
cblr-1770	50	3	questions	question	NOUN
cblr-1770	50	4	for	for	ADP
cblr-1770	50	5	future	future	ADJ
cblr-1770	50	6	research	research	NOUN
cblr-1770	50	7	.....	.....	PUNCT
cblr-1770	51	1	152	152	NUM
cblr-1770	51	2	!	!	PUNCT
cblr-1770	51	3	a.	a.	NOUN
cblr-1770	51	4	!	!	PUNCT
cblr-1770	52	1	institutional	institutional	ADJ
cblr-1770	52	2	complementarities	complementarity	NOUN
cblr-1770	52	3	of	of	ADP
cblr-1770	52	4	pay	pay	NOUN
cblr-1770	52	5	and	and	CCONJ
cblr-1770	52	6	governance	governance	NOUN
cblr-1770	52	7	...........................................................	...........................................................	PUNCT
cblr-1770	53	1	153	153	NUM
cblr-1770	53	2	!	!	PUNCT
cblr-1770	53	3	b.	b.	PROPN
cblr-1770	53	4	!	!	PUNCT
cblr-1770	54	1	future	future	ADJ
cblr-1770	54	2	research	research	NOUN
cblr-1770	54	3	on	on	ADP
cblr-1770	54	4	governance	governance	NOUN
cblr-1770	54	5	and	and	CCONJ
cblr-1770	54	6	executive	executive	ADJ
cblr-1770	54	7	pay	pay	NOUN
cblr-1770	54	8	.........................................................................	.........................................................................	PUNCT
cblr-1770	54	9	155	155	NUM
cblr-1770	54	10	!	!	NOUN
cblr-1770	54	11	1	1	NUM
cblr-1770	54	12	.	.	PUNCT
cblr-1770	54	13	!	!	PUNCT
cblr-1770	55	1	pay	pay	NOUN
cblr-1770	55	2	levels	level	NOUN
cblr-1770	55	3	........................................................	........................................................	PUNCT
cblr-1770	56	1	155	155	NUM
cblr-1770	56	2	!	!	NOUN
cblr-1770	56	3	2	2	NUM
cblr-1770	56	4	.	.	PUNCT
cblr-1770	56	5	!	!	PUNCT
cblr-1770	57	1	foreign	foreign	ADJ
cblr-1770	57	2	executives	executive	NOUN
cblr-1770	57	3	’	'	PUNCT
cblr-1770	57	4	compensation	compensation	NOUN
cblr-1770	57	5	................	................	PUNCT
cblr-1770	58	1	157	157	NUM
cblr-1770	58	2	!	!	NOUN
cblr-1770	59	1	3	3	NUM
cblr-1770	59	2	.	.	PUNCT
cblr-1770	59	3	!	!	PUNCT
cblr-1770	60	1	the	the	DET
cblr-1770	60	2	link	link	NOUN
cblr-1770	60	3	between	between	ADP
cblr-1770	60	4	corporate	corporate	ADJ
cblr-1770	60	5	governance	governance	NOUN
cblr-1770	60	6	and	and	CCONJ
cblr-1770	60	7	pay	pay	VERB
cblr-1770	60	8	structure	structure	NOUN
cblr-1770	60	9	...........................................	...........................................	PUNCT
cblr-1770	61	1	158	158	X
cblr-1770	61	2	!	!	PUNCT
cblr-1770	61	3	c.	c.	PROPN
cblr-1770	61	4	!	!	PUNCT
cblr-1770	62	1	japanese	japanese	ADJ
cblr-1770	62	2	regulation	regulation	NOUN
cblr-1770	62	3	of	of	ADP
cblr-1770	62	4	executive	executive	ADJ
cblr-1770	62	5	compensation	compensation	NOUN
cblr-1770	62	6	.......................................................	.......................................................	PUNCT
cblr-1770	63	1	160	160	X
cblr-1770	63	2	!	!	PUNCT
cblr-1770	64	1	v.	v.	X
cblr-1770	64	2	!	!	PUNCT
cblr-1770	65	1	conclusion	conclusion	NOUN
cblr-1770	65	2	...................................................................	...................................................................	PUNCT
cblr-1770	66	1	164	164	X
cblr-1770	66	2	!	!	PUNCT
cblr-1770	66	3	appendix	appendix	NOUN
cblr-1770	66	4	................................................................................	................................................................................	PUNCT
cblr-1770	67	1	165	165	NUM
cblr-1770	67	2	!	!	PUNCT
cblr-1770	67	3	a.	a.	NOUN
cblr-1770	67	4	!	!	PUNCT
cblr-1770	68	1	data	datum	NOUN
cblr-1770	68	2	.......................................................................	.......................................................................	PUNCT
cblr-1770	69	1	165	165	NUM
cblr-1770	69	2	!	!	NOUN
cblr-1770	69	3	1	1	NUM
cblr-1770	69	4	.	.	PUNCT
cblr-1770	69	5	!	!	PUNCT
cblr-1770	70	1	dataset	dataset	PROPN
cblr-1770	70	2	assembly	assembly	PROPN
cblr-1770	70	3	............................................	............................................	PUNCT
cblr-1770	71	1	165	165	NUM
cblr-1770	71	2	!	!	PUNCT
cblr-1770	71	3	a.	a.	NOUN
cblr-1770	71	4	!	!	PUNCT
cblr-1770	72	1	executive	executive	ADJ
cblr-1770	72	2	characteristics	characteristic	NOUN
cblr-1770	72	3	.........................	.........................	PUNCT
cblr-1770	73	1	165	165	NUM
cblr-1770	73	2	!	!	PUNCT
cblr-1770	73	3	b.	b.	PROPN
cblr-1770	73	4	!	!	PUNCT
cblr-1770	74	1	firm	firm	ADJ
cblr-1770	74	2	characteristics	characteristic	NOUN
cblr-1770	74	3	.................................	.................................	PUNCT
cblr-1770	75	1	165	165	NUM
cblr-1770	75	2	!	!	PUNCT
cblr-1770	76	1	no	no	INTJ
cblr-1770	76	2	.	.	PUNCT
cblr-1770	77	1	1:111	1:111	NUM
cblr-1770	77	2	]	]	X
cblr-1770	77	3	executive	executive	ADJ
cblr-1770	77	4	pay	pay	NOUN
cblr-1770	77	5	in	in	ADP
cblr-1770	77	6	japan	japan	PROPN
cblr-1770	77	7	113	113	NUM
cblr-1770	77	8	2	2	NUM
cblr-1770	77	9	.	.	PUNCT
cblr-1770	77	10	!	!	PUNCT
cblr-1770	78	1	firms	firm	NOUN
cblr-1770	78	2	subject	subject	ADJ
cblr-1770	78	3	to	to	ADP
cblr-1770	78	4	disclosure	disclosure	NOUN
cblr-1770	78	5	............................	............................	PUNCT
cblr-1770	79	1	166	166	X
cblr-1770	79	2	!	!	PUNCT
cblr-1770	79	3	b.	b.	PROPN
cblr-1770	79	4	!	!	PUNCT
cblr-1770	80	1	analysis	analysis	NOUN
cblr-1770	80	2	.................................................................	.................................................................	PUNCT
cblr-1770	81	1	167	167	NUM
cblr-1770	81	2	!	!	X
cblr-1770	82	1	1	1	NUM
cblr-1770	82	2	.	.	PUNCT
cblr-1770	82	3	!	!	PUNCT
cblr-1770	83	1	performance	performance	NOUN
cblr-1770	83	2	pay	pay	NOUN
cblr-1770	83	3	and	and	CCONJ
cblr-1770	83	4	governance	governance	NOUN
cblr-1770	83	5	in	in	ADP
cblr-1770	83	6	japan	japan	PROPN
cblr-1770	83	7	..	..	PUNCT
cblr-1770	84	1	168	168	NUM
cblr-1770	84	2	!	!	PUNCT
cblr-1770	85	1	2	2	NUM
cblr-1770	85	2	.	.	PUNCT
cblr-1770	85	3	!	!	PUNCT
cblr-1770	86	1	pay	pay	VERB
cblr-1770	86	2	equity	equity	NOUN
cblr-1770	86	3	inside	inside	ADP
cblr-1770	86	4	the	the	DET
cblr-1770	86	5	japanese	japanese	ADJ
cblr-1770	86	6	boardroom	boardroom	NOUN
cblr-1770	86	7	.	.	PUNCT
cblr-1770	87	1	169	169	NUM
cblr-1770	87	2	!	!	PUNCT
cblr-1770	87	3	i.	i.	NOUN
cblr-1770	87	4	introduction	introduction	NOUN
cblr-1770	87	5	in	in	ADP
cblr-1770	87	6	the	the	DET
cblr-1770	87	7	aftermath	aftermath	NOUN
cblr-1770	87	8	of	of	ADP
cblr-1770	87	9	the	the	DET
cblr-1770	87	10	recent	recent	ADJ
cblr-1770	87	11	financial	financial	ADJ
cblr-1770	87	12	crisis	crisis	NOUN
cblr-1770	87	13	,	,	PUNCT
cblr-1770	87	14	the	the	DET
cblr-1770	87	15	finance	finance	NOUN
cblr-1770	87	16	ministers	minister	NOUN
cblr-1770	87	17	of	of	ADP
cblr-1770	87	18	all	all	DET
cblr-1770	87	19	g-20	g-20	NOUN
cblr-1770	87	20	nations	nation	NOUN
cblr-1770	87	21	called	call	VERB
cblr-1770	87	22	on	on	ADP
cblr-1770	87	23	the	the	DET
cblr-1770	87	24	financial	financial	ADJ
cblr-1770	87	25	stability	stability	PROPN
cblr-1770	87	26	board	board	NOUN
cblr-1770	87	27	to	to	PART
cblr-1770	87	28	propose	propose	VERB
cblr-1770	87	29	global	global	ADJ
cblr-1770	87	30	standards	standard	NOUN
cblr-1770	87	31	on	on	ADP
cblr-1770	87	32	compensation	compensation	NOUN
cblr-1770	87	33	structures	structure	NOUN
cblr-1770	87	34	that	that	PRON
cblr-1770	87	35	would	would	AUX
cblr-1770	87	36	govern	govern	VERB
cblr-1770	87	37	the	the	DET
cblr-1770	87	38	pay	pay	NOUN
cblr-1770	87	39	of	of	ADP
cblr-1770	87	40	bank	bank	NOUN
cblr-1770	87	41	executives	executive	NOUN
cblr-1770	87	42	around	around	ADP
cblr-1770	87	43	the	the	DET
cblr-1770	87	44	world.1	world.1	PROPN
cblr-1770	87	45	although	although	SCONJ
cblr-1770	87	46	the	the	DET
cblr-1770	87	47	standards	standard	NOUN
cblr-1770	87	48	are	be	AUX
cblr-1770	87	49	limited	limit	VERB
cblr-1770	87	50	by	by	ADP
cblr-1770	87	51	their	their	PRON
cblr-1770	87	52	terms	term	NOUN
cblr-1770	87	53	to	to	ADP
cblr-1770	87	54	banker	banker	NOUN
cblr-1770	87	55	pay	pay	NOUN
cblr-1770	87	56	,	,	PUNCT
cblr-1770	87	57	practitioners	practitioner	NOUN
cblr-1770	87	58	have	have	AUX
cblr-1770	87	59	made	make	VERB
cblr-1770	87	60	clear	clear	ADJ
cblr-1770	87	61	that	that	SCONJ
cblr-1770	87	62	the	the	DET
cblr-1770	87	63	g-20	g-20	NOUN
cblr-1770	87	64	’s	’s	PART
cblr-1770	87	65	call	call	NOUN
cblr-1770	87	66	for	for	ADP
cblr-1770	87	67	convergence	convergence	NOUN
cblr-1770	87	68	on	on	ADP
cblr-1770	87	69	compensation	compensation	NOUN
cblr-1770	87	70	practices	practice	NOUN
cblr-1770	87	71	has	have	AUX
cblr-1770	87	72	already	already	ADV
cblr-1770	87	73	had	have	VERB
cblr-1770	87	74	significant	significant	ADJ
cblr-1770	87	75	influence	influence	NOUN
cblr-1770	87	76	for	for	ADP
cblr-1770	87	77	firms	firm	NOUN
cblr-1770	87	78	across	across	ADP
cblr-1770	87	79	the	the	DET
cblr-1770	87	80	global	global	ADJ
cblr-1770	87	81	economy.2	economy.2	PROPN
cblr-1770	87	82	the	the	DET
cblr-1770	87	83	standards	standard	NOUN
cblr-1770	87	84	draw	draw	VERB
cblr-1770	87	85	heavily	heavily	ADV
cblr-1770	87	86	on	on	ADP
cblr-1770	87	87	the	the	DET
cblr-1770	87	88	u.s	u.s	PROPN
cblr-1770	87	89	.	.	PROPN
cblr-1770	87	90	experience	experience	NOUN
cblr-1770	87	91	with	with	ADP
cblr-1770	87	92	executive	executive	ADJ
cblr-1770	87	93	compensation	compensation	NOUN
cblr-1770	87	94	,	,	PUNCT
cblr-1770	87	95	favoring	favor	VERB
cblr-1770	87	96	arrangements	arrangement	NOUN
cblr-1770	87	97	designed	design	VERB
cblr-1770	87	98	to	to	PART
cblr-1770	87	99	address	address	VERB
cblr-1770	87	100	the	the	DET
cblr-1770	87	101	agency	agency	NOUN
cblr-1770	87	102	problems	problem	NOUN
cblr-1770	87	103	that	that	SCONJ
cblr-1770	87	104	,	,	PUNCT
cblr-1770	87	105	some	some	PRON
cblr-1770	87	106	have	have	AUX
cblr-1770	87	107	argued	argue	VERB
cblr-1770	87	108	,	,	PUNCT
cblr-1770	87	109	influence	influence	NOUN
cblr-1770	87	110	pay	pay	NOUN
cblr-1770	87	111	at	at	ADP
cblr-1770	87	112	large	large	ADJ
cblr-1770	87	113	american	american	ADJ
cblr-1770	87	114	public	public	ADJ
cblr-1770	87	115	companies	company	NOUN
cblr-1770	87	116	.	.	PUNCT
cblr-1770	88	1	yet	yet	CCONJ
cblr-1770	88	2	the	the	DET
cblr-1770	88	3	standards	standard	NOUN
cblr-1770	88	4	,	,	PUNCT
cblr-1770	88	5	like	like	ADP
cblr-1770	88	6	most	most	ADJ
cblr-1770	88	7	of	of	ADP
cblr-1770	88	8	the	the	DET
cblr-1770	88	9	theoretical	theoretical	ADJ
cblr-1770	88	10	literature	literature	NOUN
cblr-1770	88	11	developed	develop	VERB
cblr-1770	88	12	by	by	ADP
cblr-1770	88	13	academics	academic	NOUN
cblr-1770	88	14	,	,	PUNCT
cblr-1770	88	15	do	do	AUX
cblr-1770	88	16	not	not	PART
cblr-1770	88	17	take	take	VERB
cblr-1770	88	18	account	account	NOUN
cblr-1770	88	19	of	of	ADP
cblr-1770	88	20	the	the	DET
cblr-1770	88	21	profound	profound	ADJ
cblr-1770	88	22	differences	difference	NOUN
cblr-1770	88	23	in	in	ADP
cblr-1770	88	24	corporate	corporate	ADJ
cblr-1770	88	25	governance	governance	NOUN
cblr-1770	88	26	around	around	ADP
cblr-1770	88	27	the	the	DET
cblr-1770	88	28	world	world	NOUN
cblr-1770	88	29	—	—	PUNCT
cblr-1770	88	30	and	and	CCONJ
cblr-1770	88	31	the	the	DET
cblr-1770	88	32	potential	potential	ADJ
cblr-1770	88	33	influence	influence	NOUN
cblr-1770	88	34	of	of	ADP
cblr-1770	88	35	those	those	DET
cblr-1770	88	36	differences	difference	NOUN
cblr-1770	88	37	on	on	ADP
cblr-1770	88	38	executive	executive	ADJ
cblr-1770	88	39	pay	pay	NOUN
cblr-1770	88	40	.	.	PUNCT
cblr-1770	89	1	in	in	ADP
cblr-1770	89	2	this	this	DET
cblr-1770	89	3	article	article	NOUN
cblr-1770	89	4	,	,	PUNCT
cblr-1770	89	5	we	we	PRON
cblr-1770	89	6	contribute	contribute	VERB
cblr-1770	89	7	to	to	ADP
cblr-1770	89	8	the	the	DET
cblr-1770	89	9	literature	literature	NOUN
cblr-1770	89	10	on	on	ADP
cblr-1770	89	11	the	the	DET
cblr-1770	89	12	relationship	relationship	NOUN
cblr-1770	89	13	between	between	ADP
cblr-1770	89	14	governance	governance	NOUN
cblr-1770	89	15	and	and	CCONJ
cblr-1770	89	16	executive	executive	ADJ
cblr-1770	89	17	pay	pay	NOUN
cblr-1770	89	18	by	by	ADP
cblr-1770	89	19	providing	provide	VERB
cblr-1770	89	20	the	the	DET
cblr-1770	89	21	first	first	ADJ
cblr-1770	89	22	empirical	empirical	ADJ
cblr-1770	89	23	evidence	evidence	NOUN
cblr-1770	89	24	on	on	ADP
cblr-1770	89	25	the	the	DET
cblr-1770	89	26	magnitude	magnitude	NOUN
cblr-1770	89	27	and	and	CCONJ
cblr-1770	89	28	structure	structure	NOUN
cblr-1770	89	29	of	of	ADP
cblr-1770	89	30	the	the	DET
cblr-1770	89	31	compensation	compensation	NOUN
cblr-1770	89	32	packages	package	NOUN
cblr-1770	89	33	of	of	ADP
cblr-1770	89	34	japan	japan	PROPN
cblr-1770	89	35	’s	’s	PART
cblr-1770	89	36	most	most	ADV
cblr-1770	89	37	highly	highly	ADV
cblr-1770	89	38	paid	pay	VERB
cblr-1770	89	39	executives	executive	NOUN
cblr-1770	89	40	.	.	PUNCT
cblr-1770	90	1	taking	take	VERB
cblr-1770	90	2	advantage	advantage	NOUN
cblr-1770	90	3	of	of	ADP
cblr-1770	90	4	a	a	DET
cblr-1770	90	5	recent	recent	ADJ
cblr-1770	90	6	change	change	NOUN
cblr-1770	90	7	in	in	ADP
cblr-1770	90	8	japanese	japanese	ADJ
cblr-1770	90	9	law	law	NOUN
cblr-1770	90	10	that	that	PRON
cblr-1770	90	11	requires	require	VERB
cblr-1770	90	12	,	,	PUNCT
cblr-1770	90	13	for	for	ADP
cblr-1770	90	14	the	the	DET
cblr-1770	90	15	first	first	ADJ
cblr-1770	90	16	time	time	NOUN
cblr-1770	90	17	,	,	PUNCT
cblr-1770	90	18	extensive	extensive	ADJ
cblr-1770	90	19	disclosure	disclosure	NOUN
cblr-1770	90	20	on	on	ADP
cblr-1770	90	21	the	the	DET
cblr-1770	90	22	compensation	compensation	NOUN
cblr-1770	90	23	of	of	ADP
cblr-1770	90	24	individual	individual	ADJ
cblr-1770	90	25	executives	executive	NOUN
cblr-1770	90	26	at	at	ADP
cblr-1770	90	27	japanese	japanese	ADJ
cblr-1770	90	28	public	public	ADJ
cblr-1770	90	29	firms	firm	NOUN
cblr-1770	90	30	,	,	PUNCT
cblr-1770	90	31	we	we	PRON
cblr-1770	90	32	develop	develop	VERB
cblr-1770	90	33	a	a	DET
cblr-1770	90	34	proprietary	proprietary	ADJ
cblr-1770	90	35	,	,	PUNCT
cblr-1770	90	36	hand	hand	NOUN
cblr-1770	90	37	-	-	PUNCT
cblr-1770	90	38	drawn	draw	VERB
cblr-1770	90	39	1	1	NUM
cblr-1770	90	40	see	see	VERB
cblr-1770	90	41	financial	financial	ADJ
cblr-1770	90	42	stability	stability	PROPN
cblr-1770	90	43	forum	forum	PROPN
cblr-1770	90	44	,	,	PUNCT
cblr-1770	90	45	fsf	fsf	PROPN
cblr-1770	90	46	principles	principle	NOUN
cblr-1770	90	47	for	for	ADP
cblr-1770	90	48	sound	sound	ADJ
cblr-1770	90	49	compensation	compensation	NOUN
cblr-1770	90	50	practices	practice	NOUN
cblr-1770	90	51	1	1	NUM
cblr-1770	90	52	(	(	PUNCT
cblr-1770	90	53	2009	2009	NUM
cblr-1770	90	54	)	)	PUNCT
cblr-1770	90	55	.	.	PUNCT
cblr-1770	91	1	2	2	NUM
cblr-1770	91	2	calvin	calvin	PROPN
cblr-1770	91	3	johnson	johnson	PROPN
cblr-1770	91	4	&	&	CCONJ
cblr-1770	91	5	katy	katy	PROPN
cblr-1770	91	6	bennett	bennett	PROPN
cblr-1770	91	7	,	,	PUNCT
cblr-1770	91	8	watson	watson	PROPN
cblr-1770	91	9	wyatt	wyatt	PROPN
cblr-1770	91	10	worldwide	worldwide	PROPN
cblr-1770	91	11	,	,	PUNCT
cblr-1770	91	12	executive	executive	ADJ
cblr-1770	91	13	pay	pay	NOUN
cblr-1770	91	14	practices	practice	NOUN
cblr-1770	91	15	around	around	ADP
cblr-1770	91	16	the	the	DET
cblr-1770	91	17	world	world	NOUN
cblr-1770	91	18	3	3	NUM
cblr-1770	91	19	(	(	PUNCT
cblr-1770	91	20	2009	2009	NUM
cblr-1770	91	21	)	)	PUNCT
cblr-1770	91	22	(	(	PUNCT
cblr-1770	91	23	describing	describe	VERB
cblr-1770	91	24	a	a	DET
cblr-1770	91	25	“	"	PUNCT
cblr-1770	91	26	thrust	thrust	NOUN
cblr-1770	91	27	in	in	ADP
cblr-1770	91	28	recent	recent	ADJ
cblr-1770	91	29	years	year	NOUN
cblr-1770	91	30	toward	toward	ADP
cblr-1770	91	31	convergence	convergence	NOUN
cblr-1770	91	32	[	[	X
cblr-1770	91	33	in	in	ADP
cblr-1770	91	34	]	]	PUNCT
cblr-1770	91	35	.	.	PUNCT
cblr-1770	91	36	.	.	PUNCT
cblr-1770	91	37	.	.	PUNCT
cblr-1770	92	1	executive	executive	ADJ
cblr-1770	92	2	pay	pay	NOUN
cblr-1770	92	3	practices	practice	NOUN
cblr-1770	92	4	.	.	PUNCT
cblr-1770	92	5	”	"	PUNCT
cblr-1770	92	6	)	)	PUNCT
cblr-1770	92	7	.	.	PUNCT
cblr-1770	93	1	114	114	NUM
cblr-1770	93	2	columbia	columbia	PROPN
cblr-1770	93	3	business	business	NOUN
cblr-1770	93	4	law	law	PROPN
cblr-1770	93	5	review	review	NOUN
cblr-1770	93	6	[	[	X
cblr-1770	93	7	vol	vol	NOUN
cblr-1770	93	8	.	.	PUNCT
cblr-1770	93	9	2014	2014	NUM
cblr-1770	93	10	database	database	NOUN
cblr-1770	93	11	including	include	VERB
cblr-1770	93	12	detail	detail	NOUN
cblr-1770	93	13	on	on	ADP
cblr-1770	93	14	the	the	DET
cblr-1770	93	15	amounts	amount	NOUN
cblr-1770	93	16	and	and	CCONJ
cblr-1770	93	17	elements	element	NOUN
cblr-1770	93	18	of	of	ADP
cblr-1770	93	19	executive	executive	ADJ
cblr-1770	93	20	pay	pay	NOUN
cblr-1770	93	21	for	for	ADP
cblr-1770	93	22	japan	japan	PROPN
cblr-1770	93	23	’s	’s	PART
cblr-1770	93	24	highest	highest	ADV
cblr-1770	93	25	-	-	PUNCT
cblr-1770	93	26	paid	pay	VERB
cblr-1770	93	27	managers	manager	NOUN
cblr-1770	93	28	.	.	PUNCT
cblr-1770	94	1	the	the	DET
cblr-1770	94	2	evidence	evidence	NOUN
cblr-1770	94	3	provides	provide	VERB
cblr-1770	94	4	striking	strike	VERB
cblr-1770	94	5	new	new	ADJ
cblr-1770	94	6	detail	detail	NOUN
cblr-1770	94	7	on	on	ADP
cblr-1770	94	8	executive	executive	ADJ
cblr-1770	94	9	pay	pay	NOUN
cblr-1770	94	10	in	in	ADP
cblr-1770	94	11	japan	japan	PROPN
cblr-1770	94	12	—	—	PUNCT
cblr-1770	94	13	and	and	CCONJ
cblr-1770	94	14	new	new	ADJ
cblr-1770	94	15	insights	insight	NOUN
cblr-1770	94	16	on	on	ADP
cblr-1770	94	17	the	the	DET
cblr-1770	94	18	relationship	relationship	NOUN
cblr-1770	94	19	between	between	ADP
cblr-1770	94	20	corporate	corporate	ADJ
cblr-1770	94	21	governance	governance	NOUN
cblr-1770	94	22	and	and	CCONJ
cblr-1770	94	23	top	top	ADJ
cblr-1770	94	24	managers	manager	NOUN
cblr-1770	94	25	’	'	PUNCT
cblr-1770	94	26	compensation	compensation	NOUN
cblr-1770	94	27	.	.	PUNCT
cblr-1770	95	1	first	first	ADV
cblr-1770	95	2	,	,	PUNCT
cblr-1770	95	3	we	we	PRON
cblr-1770	95	4	find	find	VERB
cblr-1770	95	5	,	,	PUNCT
cblr-1770	95	6	consistent	consistent	ADJ
cblr-1770	95	7	with	with	ADP
cblr-1770	95	8	previous	previous	ADJ
cblr-1770	95	9	work	work	NOUN
cblr-1770	95	10	,	,	PUNCT
cblr-1770	95	11	that	that	SCONJ
cblr-1770	95	12	japanese	japanese	ADJ
cblr-1770	95	13	managers	manager	NOUN
cblr-1770	95	14	generally	generally	ADV
cblr-1770	95	15	receive	receive	VERB
cblr-1770	95	16	considerably	considerably	ADV
cblr-1770	95	17	less	less	ADJ
cblr-1770	95	18	total	total	ADJ
cblr-1770	95	19	pay	pay	NOUN
cblr-1770	95	20	than	than	ADP
cblr-1770	95	21	u.s	u.s	PROPN
cblr-1770	95	22	.	.	PROPN
cblr-1770	95	23	executives	executive	NOUN
cblr-1770	95	24	.	.	PUNCT
cblr-1770	96	1	second	second	ADJ
cblr-1770	96	2	,	,	PUNCT
cblr-1770	96	3	we	we	PRON
cblr-1770	96	4	find	find	VERB
cblr-1770	96	5	,	,	PUNCT
cblr-1770	96	6	also	also	ADV
cblr-1770	96	7	consistent	consistent	ADJ
cblr-1770	96	8	with	with	ADP
cblr-1770	96	9	previous	previous	ADJ
cblr-1770	96	10	work	work	NOUN
cblr-1770	96	11	,	,	PUNCT
cblr-1770	96	12	that	that	SCONJ
cblr-1770	96	13	the	the	DET
cblr-1770	96	14	structure	structure	NOUN
cblr-1770	96	15	of	of	ADP
cblr-1770	96	16	executive	executive	ADJ
cblr-1770	96	17	pay	pay	NOUN
cblr-1770	96	18	in	in	ADP
cblr-1770	96	19	japan	japan	PROPN
cblr-1770	96	20	relies	rely	VERB
cblr-1770	96	21	far	far	ADV
cblr-1770	96	22	more	more	ADV
cblr-1770	96	23	heavily	heavily	ADV
cblr-1770	96	24	on	on	ADP
cblr-1770	96	25	payments	payment	NOUN
cblr-1770	96	26	unrelated	unrelated	ADJ
cblr-1770	96	27	to	to	ADP
cblr-1770	96	28	performance	performance	NOUN
cblr-1770	96	29	,	,	PUNCT
cblr-1770	96	30	such	such	ADJ
cblr-1770	96	31	as	as	ADP
cblr-1770	96	32	salary	salary	NOUN
cblr-1770	96	33	,	,	PUNCT
cblr-1770	96	34	than	than	SCONJ
cblr-1770	96	35	do	do	AUX
cblr-1770	96	36	pay	pay	VERB
cblr-1770	96	37	structures	structure	NOUN
cblr-1770	96	38	in	in	ADP
cblr-1770	96	39	the	the	DET
cblr-1770	96	40	united	united	PROPN
cblr-1770	96	41	states	states	PROPN
cblr-1770	96	42	.	.	PUNCT
cblr-1770	97	1	but	but	CCONJ
cblr-1770	97	2	the	the	DET
cblr-1770	97	3	closer	close	ADJ
cblr-1770	97	4	look	look	NOUN
cblr-1770	97	5	permitted	permit	VERB
cblr-1770	97	6	by	by	ADP
cblr-1770	97	7	our	our	PRON
cblr-1770	97	8	data	datum	NOUN
cblr-1770	97	9	suggests	suggest	VERB
cblr-1770	97	10	an	an	DET
cblr-1770	97	11	important	important	ADJ
cblr-1770	97	12	divergence	divergence	NOUN
cblr-1770	97	13	in	in	ADP
cblr-1770	97	14	pay	pay	NOUN
cblr-1770	97	15	practices	practice	NOUN
cblr-1770	97	16	among	among	ADP
cblr-1770	97	17	japanese	japanese	ADJ
cblr-1770	97	18	firms	firm	NOUN
cblr-1770	97	19	—	—	PUNCT
cblr-1770	97	20	depending	depend	VERB
cblr-1770	97	21	on	on	ADP
cblr-1770	97	22	whether	whether	SCONJ
cblr-1770	97	23	the	the	DET
cblr-1770	97	24	firm	firm	NOUN
cblr-1770	97	25	features	feature	VERB
cblr-1770	97	26	the	the	DET
cblr-1770	97	27	traditional	traditional	ADJ
cblr-1770	97	28	japanese	japanese	ADJ
cblr-1770	97	29	corporate	corporate	ADJ
cblr-1770	97	30	governance	governance	NOUN
cblr-1770	97	31	approach	approach	NOUN
cblr-1770	97	32	or	or	CCONJ
cblr-1770	97	33	a	a	DET
cblr-1770	97	34	committee	committee	NOUN
cblr-1770	97	35	-	-	PUNCT
cblr-1770	97	36	based	base	VERB
cblr-1770	97	37	structure	structure	NOUN
cblr-1770	97	38	more	more	ADV
cblr-1770	97	39	familiar	familiar	ADJ
cblr-1770	97	40	to	to	ADP
cblr-1770	97	41	american	american	ADJ
cblr-1770	97	42	corporate	corporate	ADJ
cblr-1770	97	43	law	law	NOUN
cblr-1770	97	44	.	.	PUNCT
cblr-1770	98	1	for	for	ADP
cblr-1770	98	2	example	example	NOUN
cblr-1770	98	3	,	,	PUNCT
cblr-1770	98	4	we	we	PRON
cblr-1770	98	5	find	find	VERB
cblr-1770	98	6	that	that	SCONJ
cblr-1770	98	7	executives	executive	NOUN
cblr-1770	98	8	at	at	ADP
cblr-1770	98	9	firms	firm	NOUN
cblr-1770	98	10	governed	govern	VERB
cblr-1770	98	11	in	in	ADP
cblr-1770	98	12	the	the	DET
cblr-1770	98	13	u.s	u.s	PROPN
cblr-1770	98	14	.	.	PROPN
cblr-1770	98	15	style	style	NOUN
cblr-1770	98	16	receive	receive	VERB
cblr-1770	98	17	far	far	ADV
cblr-1770	98	18	more	more	ADJ
cblr-1770	98	19	pay	pay	NOUN
cblr-1770	98	20	in	in	ADP
cblr-1770	98	21	the	the	DET
cblr-1770	98	22	form	form	NOUN
cblr-1770	98	23	of	of	ADP
cblr-1770	98	24	performance	performance	NOUN
cblr-1770	98	25	-	-	PUNCT
cblr-1770	98	26	based	base	VERB
cblr-1770	98	27	elements	element	NOUN
cblr-1770	98	28	such	such	ADJ
cblr-1770	98	29	as	as	ADP
cblr-1770	98	30	bonuses	bonus	NOUN
cblr-1770	98	31	and	and	CCONJ
cblr-1770	98	32	stock	stock	NOUN
cblr-1770	98	33	options	option	NOUN
cblr-1770	98	34	than	than	ADP
cblr-1770	98	35	their	their	PRON
cblr-1770	98	36	counterparts	counterpart	NOUN
cblr-1770	98	37	at	at	ADP
cblr-1770	98	38	traditional	traditional	ADJ
cblr-1770	98	39	firms	firm	NOUN
cblr-1770	98	40	.	.	PUNCT
cblr-1770	99	1	we	we	PRON
cblr-1770	99	2	also	also	ADV
cblr-1770	99	3	find	find	VERB
cblr-1770	99	4	that	that	SCONJ
cblr-1770	99	5	the	the	DET
cblr-1770	99	6	relationship	relationship	NOUN
cblr-1770	99	7	between	between	ADP
cblr-1770	99	8	firm	firm	ADJ
cblr-1770	99	9	size	size	NOUN
cblr-1770	99	10	and	and	CCONJ
cblr-1770	99	11	executive	executive	ADJ
cblr-1770	99	12	pay	pay	NOUN
cblr-1770	99	13	—	—	PUNCT
cblr-1770	99	14	a	a	DET
cblr-1770	99	15	relationship	relationship	NOUN
cblr-1770	99	16	familiar	familiar	ADJ
cblr-1770	99	17	to	to	ADP
cblr-1770	99	18	the	the	DET
cblr-1770	99	19	u.s	u.s	PROPN
cblr-1770	99	20	literature	literature	PROPN
cblr-1770	99	21	on	on	ADP
cblr-1770	99	22	executive	executive	ADJ
cblr-1770	99	23	pay	pay	NOUN
cblr-1770	99	24	—	—	PUNCT
cblr-1770	99	25	is	be	AUX
cblr-1770	99	26	far	far	ADV
cblr-1770	99	27	less	less	ADV
cblr-1770	99	28	strong	strong	ADJ
cblr-1770	99	29	at	at	ADP
cblr-1770	99	30	traditionally	traditionally	ADV
cblr-1770	99	31	governed	govern	VERB
cblr-1770	99	32	japanese	japanese	ADJ
cblr-1770	99	33	firms	firm	NOUN
cblr-1770	99	34	than	than	SCONJ
cblr-1770	99	35	it	it	PRON
cblr-1770	99	36	is	be	AUX
cblr-1770	99	37	at	at	ADP
cblr-1770	99	38	firms	firm	NOUN
cblr-1770	99	39	governed	govern	VERB
cblr-1770	99	40	by	by	ADP
cblr-1770	99	41	committees	committee	NOUN
cblr-1770	99	42	.	.	PUNCT
cblr-1770	100	1	moreover	moreover	ADV
cblr-1770	100	2	,	,	PUNCT
cblr-1770	100	3	we	we	PRON
cblr-1770	100	4	find	find	VERB
cblr-1770	100	5	that	that	SCONJ
cblr-1770	100	6	at	at	ADP
cblr-1770	100	7	firms	firm	NOUN
cblr-1770	100	8	with	with	ADP
cblr-1770	100	9	traditional	traditional	ADJ
cblr-1770	100	10	board	board	NOUN
cblr-1770	100	11	structures	structure	NOUN
cblr-1770	100	12	,	,	PUNCT
cblr-1770	100	13	the	the	DET
cblr-1770	100	14	gap	gap	NOUN
cblr-1770	100	15	between	between	ADP
cblr-1770	100	16	the	the	DET
cblr-1770	100	17	compensation	compensation	NOUN
cblr-1770	100	18	of	of	ADP
cblr-1770	100	19	top	top	ADJ
cblr-1770	100	20	executives	executive	NOUN
cblr-1770	100	21	and	and	CCONJ
cblr-1770	100	22	the	the	DET
cblr-1770	100	23	average	average	ADJ
cblr-1770	100	24	member	member	NOUN
cblr-1770	100	25	of	of	ADP
cblr-1770	100	26	the	the	DET
cblr-1770	100	27	board	board	NOUN
cblr-1770	100	28	of	of	ADP
cblr-1770	100	29	directors	director	NOUN
cblr-1770	100	30	is	be	AUX
cblr-1770	100	31	relatively	relatively	ADV
cblr-1770	100	32	small	small	ADJ
cblr-1770	100	33	,	,	PUNCT
cblr-1770	100	34	and	and	CCONJ
cblr-1770	100	35	shrinks	shrink	VERB
cblr-1770	100	36	as	as	SCONJ
cblr-1770	100	37	the	the	DET
cblr-1770	100	38	firm	firm	NOUN
cblr-1770	100	39	grows	grow	VERB
cblr-1770	100	40	in	in	ADP
cblr-1770	100	41	size	size	NOUN
cblr-1770	100	42	.	.	PUNCT
cblr-1770	101	1	by	by	ADP
cblr-1770	101	2	contrast	contrast	NOUN
cblr-1770	101	3	,	,	PUNCT
cblr-1770	101	4	at	at	ADP
cblr-1770	101	5	companies	company	NOUN
cblr-1770	101	6	with	with	ADP
cblr-1770	101	7	committees	committee	NOUN
cblr-1770	101	8	,	,	PUNCT
cblr-1770	101	9	the	the	DET
cblr-1770	101	10	gap	gap	NOUN
cblr-1770	101	11	between	between	ADP
cblr-1770	101	12	top	top	ADJ
cblr-1770	101	13	executives	executive	NOUN
cblr-1770	101	14	and	and	CCONJ
cblr-1770	101	15	the	the	DET
cblr-1770	101	16	average	average	ADJ
cblr-1770	101	17	director	director	NOUN
cblr-1770	101	18	grows	grow	VERB
cblr-1770	101	19	considerably	considerably	ADV
cblr-1770	101	20	along	along	ADP
cblr-1770	101	21	with	with	ADP
cblr-1770	101	22	firm	firm	ADJ
cblr-1770	101	23	size	size	NOUN
cblr-1770	101	24	.	.	PUNCT
cblr-1770	102	1	similarly	similarly	ADV
cblr-1770	102	2	,	,	PUNCT
cblr-1770	102	3	the	the	DET
cblr-1770	102	4	influence	influence	NOUN
cblr-1770	102	5	of	of	ADP
cblr-1770	102	6	global	global	ADJ
cblr-1770	102	7	markets	market	NOUN
cblr-1770	102	8	in	in	ADP
cblr-1770	102	9	executive	executive	ADJ
cblr-1770	102	10	services	service	NOUN
cblr-1770	102	11	is	be	AUX
cblr-1770	102	12	a	a	DET
cblr-1770	102	13	critical	critical	ADJ
cblr-1770	102	14	determinant	determinant	NOUN
cblr-1770	102	15	of	of	ADP
cblr-1770	102	16	executive	executive	ADJ
cblr-1770	102	17	pay	pay	NOUN
cblr-1770	102	18	inside	inside	ADP
cblr-1770	102	19	japan	japan	PROPN
cblr-1770	102	20	.	.	PUNCT
cblr-1770	103	1	on	on	ADP
cblr-1770	103	2	average	average	ADJ
cblr-1770	103	3	,	,	PUNCT
cblr-1770	103	4	non	non	ADJ
cblr-1770	103	5	-	-	ADJ
cblr-1770	103	6	japanese	japanese	ADJ
cblr-1770	103	7	executives	executive	NOUN
cblr-1770	103	8	,	,	PUNCT
cblr-1770	103	9	whose	whose	DET
cblr-1770	103	10	pay	pay	NOUN
cblr-1770	103	11	is	be	AUX
cblr-1770	103	12	determined	determine	VERB
cblr-1770	103	13	by	by	ADP
cblr-1770	103	14	international	international	ADJ
cblr-1770	103	15	trends	trend	NOUN
cblr-1770	103	16	in	in	ADP
cblr-1770	103	17	executive	executive	ADJ
cblr-1770	103	18	pay	pay	NOUN
cblr-1770	103	19	,	,	PUNCT
cblr-1770	103	20	earn	earn	VERB
cblr-1770	103	21	about	about	ADV
cblr-1770	103	22	forty	forty	NUM
cblr-1770	103	23	percent	percent	NOUN
cblr-1770	103	24	more	more	ADJ
cblr-1770	103	25	than	than	ADP
cblr-1770	103	26	japanese	japanese	ADJ
cblr-1770	103	27	executives	executive	NOUN
cblr-1770	103	28	,	,	PUNCT
cblr-1770	103	29	even	even	ADV
cblr-1770	103	30	controlling	control	VERB
cblr-1770	103	31	for	for	ADP
cblr-1770	103	32	differences	difference	NOUN
cblr-1770	103	33	in	in	ADP
cblr-1770	103	34	firm	firm	ADJ
cblr-1770	103	35	size	size	NOUN
cblr-1770	103	36	and	and	CCONJ
cblr-1770	103	37	performance	performance	NOUN
cblr-1770	103	38	.	.	PUNCT
cblr-1770	104	1	and	and	CCONJ
cblr-1770	104	2	the	the	DET
cblr-1770	104	3	structure	structure	NOUN
cblr-1770	104	4	of	of	ADP
cblr-1770	104	5	compensation	compensation	NOUN
cblr-1770	104	6	is	be	AUX
cblr-1770	104	7	also	also	ADV
cblr-1770	104	8	profoundly	profoundly	ADV
cblr-1770	104	9	influenced	influence	VERB
cblr-1770	104	10	no	no	NOUN
cblr-1770	104	11	.	.	PUNCT
cblr-1770	104	12	1:111	1:111	NUM
cblr-1770	104	13	]	]	X
cblr-1770	104	14	executive	executive	ADJ
cblr-1770	104	15	pay	pay	NOUN
cblr-1770	104	16	in	in	ADP
cblr-1770	104	17	japan	japan	PROPN
cblr-1770	104	18	115	115	NUM
cblr-1770	104	19	by	by	ADP
cblr-1770	104	20	global	global	ADJ
cblr-1770	104	21	pay	pay	NOUN
cblr-1770	104	22	practices	practice	NOUN
cblr-1770	104	23	.	.	PUNCT
cblr-1770	105	1	non	non	ADJ
cblr-1770	105	2	-	-	ADJ
cblr-1770	105	3	japanese	japanese	ADJ
cblr-1770	105	4	executives	executive	NOUN
cblr-1770	105	5	receive	receive	VERB
cblr-1770	105	6	fifty	fifty	NUM
cblr-1770	105	7	percent	percent	NOUN
cblr-1770	105	8	more	more	ADJ
cblr-1770	105	9	of	of	ADP
cblr-1770	105	10	their	their	PRON
cblr-1770	105	11	compensation	compensation	NOUN
cblr-1770	105	12	in	in	ADP
cblr-1770	105	13	the	the	DET
cblr-1770	105	14	form	form	NOUN
cblr-1770	105	15	of	of	ADP
cblr-1770	105	16	stock	stock	NOUN
cblr-1770	105	17	options	option	NOUN
cblr-1770	105	18	in	in	ADP
cblr-1770	105	19	comparison	comparison	NOUN
cblr-1770	105	20	to	to	ADP
cblr-1770	105	21	their	their	PRON
cblr-1770	105	22	japanese	japanese	ADJ
cblr-1770	105	23	counterparts	counterpart	NOUN
cblr-1770	105	24	.	.	PUNCT
cblr-1770	106	1	on	on	ADP
cblr-1770	106	2	balance	balance	NOUN
cblr-1770	106	3	,	,	PUNCT
cblr-1770	106	4	our	our	PRON
cblr-1770	106	5	findings	finding	NOUN
cblr-1770	106	6	suggest	suggest	VERB
cblr-1770	106	7	a	a	DET
cblr-1770	106	8	considerably	considerably	ADV
cblr-1770	106	9	more	more	ADV
cblr-1770	106	10	nuanced	nuanced	ADJ
cblr-1770	106	11	pattern	pattern	NOUN
cblr-1770	106	12	of	of	ADP
cblr-1770	106	13	japanese	japanese	ADJ
cblr-1770	106	14	pay	pay	NOUN
cblr-1770	106	15	practices	practice	NOUN
cblr-1770	106	16	than	than	ADP
cblr-1770	106	17	previous	previous	ADJ
cblr-1770	106	18	analysis	analysis	NOUN
cblr-1770	106	19	has	have	AUX
cblr-1770	106	20	exposed	expose	VERB
cblr-1770	106	21	.	.	PUNCT
cblr-1770	107	1	most	most	ADV
cblr-1770	107	2	intriguingly	intriguingly	ADV
cblr-1770	107	3	,	,	PUNCT
cblr-1770	107	4	we	we	PRON
cblr-1770	107	5	find	find	VERB
cblr-1770	107	6	preliminary	preliminary	ADJ
cblr-1770	107	7	evidence	evidence	NOUN
cblr-1770	107	8	that	that	SCONJ
cblr-1770	107	9	japanese	japanese	ADJ
cblr-1770	107	10	firms	firm	NOUN
cblr-1770	107	11	that	that	PRON
cblr-1770	107	12	have	have	AUX
cblr-1770	107	13	adopted	adopt	VERB
cblr-1770	107	14	u.s	u.s	PROPN
cblr-1770	107	15	.	.	PROPN
cblr-1770	107	16	board	board	NOUN
cblr-1770	107	17	structures	structure	NOUN
cblr-1770	107	18	have	have	AUX
cblr-1770	107	19	also	also	ADV
cblr-1770	107	20	adopted	adopt	VERB
cblr-1770	107	21	u.s	u.s	PROPN
cblr-1770	107	22	.	.	PROPN
cblr-1770	107	23	pay	pay	NOUN
cblr-1770	107	24	practices	practice	NOUN
cblr-1770	107	25	,	,	PUNCT
cblr-1770	107	26	if	if	SCONJ
cblr-1770	107	27	on	on	ADP
cblr-1770	107	28	a	a	DET
cblr-1770	107	29	more	more	ADV
cblr-1770	107	30	modest	modest	ADJ
cblr-1770	107	31	scale	scale	NOUN
cblr-1770	107	32	.	.	PUNCT
cblr-1770	108	1	we	we	PRON
cblr-1770	108	2	consider	consider	VERB
cblr-1770	108	3	whether	whether	SCONJ
cblr-1770	108	4	this	this	DET
cblr-1770	108	5	trend	trend	NOUN
cblr-1770	108	6	may	may	AUX
cblr-1770	108	7	result	result	VERB
cblr-1770	108	8	from	from	ADP
cblr-1770	108	9	simple	simple	ADJ
cblr-1770	108	10	endogeneity	endogeneity	NOUN
cblr-1770	108	11	,	,	PUNCT
cblr-1770	108	12	signaling	signal	VERB
cblr-1770	108	13	,	,	PUNCT
cblr-1770	108	14	familiarity	familiarity	NOUN
cblr-1770	108	15	with	with	ADP
cblr-1770	108	16	a	a	DET
cblr-1770	108	17	standard	standard	ADJ
cblr-1770	108	18	set	set	NOUN
cblr-1770	108	19	of	of	ADP
cblr-1770	108	20	off	off	ADP
cblr-1770	108	21	-	-	PUNCT
cblr-1770	108	22	the	the	DET
cblr-1770	108	23	-	-	PUNCT
cblr-1770	108	24	rack	rack	NOUN
cblr-1770	108	25	governance	governance	NOUN
cblr-1770	108	26	practices	practice	NOUN
cblr-1770	108	27	,	,	PUNCT
cblr-1770	108	28	or	or	CCONJ
cblr-1770	108	29	a	a	DET
cblr-1770	108	30	causal	causal	ADJ
cblr-1770	108	31	relationship	relationship	NOUN
cblr-1770	108	32	between	between	ADP
cblr-1770	108	33	governance	governance	NOUN
cblr-1770	108	34	structures	structure	NOUN
cblr-1770	108	35	and	and	CCONJ
cblr-1770	108	36	executive	executive	ADJ
cblr-1770	108	37	compensation	compensation	NOUN
cblr-1770	108	38	.	.	PUNCT
cblr-1770	109	1	finally	finally	ADV
cblr-1770	109	2	,	,	PUNCT
cblr-1770	109	3	our	our	PRON
cblr-1770	109	4	data	datum	NOUN
cblr-1770	109	5	provide	provide	VERB
cblr-1770	109	6	new	new	ADJ
cblr-1770	109	7	insights	insight	NOUN
cblr-1770	109	8	on	on	ADP
cblr-1770	109	9	the	the	DET
cblr-1770	109	10	continuing	continue	VERB
cblr-1770	109	11	debates	debate	NOUN
cblr-1770	109	12	over	over	ADP
cblr-1770	109	13	the	the	DET
cblr-1770	109	14	effects	effect	NOUN
cblr-1770	109	15	of	of	ADP
cblr-1770	109	16	rapid	rapid	ADJ
cblr-1770	109	17	recent	recent	ADJ
cblr-1770	109	18	adoption	adoption	NOUN
cblr-1770	109	19	of	of	ADP
cblr-1770	109	20	corporate	corporate	ADJ
cblr-1770	109	21	governance	governance	NOUN
cblr-1770	109	22	reforms	reform	NOUN
cblr-1770	109	23	in	in	ADP
cblr-1770	109	24	japan	japan	PROPN
cblr-1770	109	25	.	.	PUNCT
cblr-1770	110	1	we	we	PRON
cblr-1770	110	2	conclude	conclude	VERB
cblr-1770	110	3	that	that	SCONJ
cblr-1770	110	4	the	the	DET
cblr-1770	110	5	data	datum	NOUN
cblr-1770	110	6	are	be	AUX
cblr-1770	110	7	inconsistent	inconsistent	ADJ
cblr-1770	110	8	with	with	ADP
cblr-1770	110	9	the	the	DET
cblr-1770	110	10	view	view	NOUN
cblr-1770	110	11	that	that	SCONJ
cblr-1770	110	12	these	these	DET
cblr-1770	110	13	reforms	reform	NOUN
cblr-1770	110	14	have	have	AUX
cblr-1770	110	15	had	have	AUX
cblr-1770	110	16	no	no	DET
cblr-1770	110	17	effect	effect	NOUN
cblr-1770	110	18	on	on	ADP
cblr-1770	110	19	the	the	DET
cblr-1770	110	20	actual	actual	ADJ
cblr-1770	110	21	governance	governance	NOUN
cblr-1770	110	22	of	of	ADP
cblr-1770	110	23	japanese	japanese	ADJ
cblr-1770	110	24	public	public	ADJ
cblr-1770	110	25	companies	company	NOUN
cblr-1770	110	26	.	.	PUNCT
cblr-1770	111	1	we	we	PRON
cblr-1770	111	2	also	also	ADV
cblr-1770	111	3	note	note	VERB
cblr-1770	111	4	,	,	PUNCT
cblr-1770	111	5	however	however	ADV
cblr-1770	111	6	,	,	PUNCT
cblr-1770	111	7	that	that	SCONJ
cblr-1770	111	8	the	the	DET
cblr-1770	111	9	evidence	evidence	NOUN
cblr-1770	111	10	provides	provide	VERB
cblr-1770	111	11	little	little	ADJ
cblr-1770	111	12	support	support	NOUN
cblr-1770	111	13	for	for	ADP
cblr-1770	111	14	the	the	DET
cblr-1770	111	15	view	view	NOUN
cblr-1770	111	16	that	that	SCONJ
cblr-1770	111	17	japanese	japanese	ADJ
cblr-1770	111	18	managers	manager	NOUN
cblr-1770	111	19	have	have	AUX
cblr-1770	111	20	adopted	adopt	VERB
cblr-1770	111	21	with	with	ADP
cblr-1770	111	22	unambiguous	unambiguous	ADJ
cblr-1770	111	23	zeal	zeal	NOUN
cblr-1770	111	24	all	all	PRON
cblr-1770	111	25	of	of	ADP
cblr-1770	111	26	the	the	DET
cblr-1770	111	27	features	feature	NOUN
cblr-1770	111	28	of	of	ADP
cblr-1770	111	29	the	the	DET
cblr-1770	111	30	shareholder	shareholder	NOUN
cblr-1770	111	31	-	-	PUNCT
cblr-1770	111	32	centric	centric	ADJ
cblr-1770	111	33	corporate	corporate	ADJ
cblr-1770	111	34	governance	governance	NOUN
cblr-1770	111	35	model	model	NOUN
cblr-1770	111	36	of	of	ADP
cblr-1770	111	37	the	the	DET
cblr-1770	111	38	united	united	PROPN
cblr-1770	111	39	states	states	PROPN
cblr-1770	111	40	.	.	PUNCT
cblr-1770	112	1	the	the	DET
cblr-1770	112	2	article	article	NOUN
cblr-1770	112	3	proceeds	proceed	VERB
cblr-1770	112	4	as	as	SCONJ
cblr-1770	112	5	follows	follow	VERB
cblr-1770	112	6	.	.	PUNCT
cblr-1770	113	1	part	part	PROPN
cblr-1770	113	2	ii	ii	PROPN
cblr-1770	113	3	describes	describe	VERB
cblr-1770	113	4	the	the	DET
cblr-1770	113	5	relationship	relationship	NOUN
cblr-1770	113	6	between	between	ADP
cblr-1770	113	7	corporate	corporate	ADJ
cblr-1770	113	8	governance	governance	NOUN
cblr-1770	113	9	and	and	CCONJ
cblr-1770	113	10	executive	executive	ADJ
cblr-1770	113	11	pay	pay	NOUN
cblr-1770	113	12	in	in	ADP
cblr-1770	113	13	the	the	DET
cblr-1770	113	14	united	united	PROPN
cblr-1770	113	15	states	states	PROPN
cblr-1770	113	16	and	and	CCONJ
cblr-1770	113	17	japan	japan	PROPN
cblr-1770	113	18	.	.	PUNCT
cblr-1770	114	1	part	part	NOUN
cblr-1770	114	2	iii	iii	PROPN
cblr-1770	114	3	describes	describe	VERB
cblr-1770	114	4	the	the	DET
cblr-1770	114	5	first	first	ADJ
cblr-1770	114	6	direct	direct	ADJ
cblr-1770	114	7	evidence	evidence	NOUN
cblr-1770	114	8	on	on	ADP
cblr-1770	114	9	top	top	ADJ
cblr-1770	114	10	executives	executive	NOUN
cblr-1770	114	11	’	'	PUNCT
cblr-1770	114	12	pay	pay	NOUN
cblr-1770	114	13	in	in	ADP
cblr-1770	114	14	japan	japan	PROPN
cblr-1770	114	15	.	.	PUNCT
cblr-1770	115	1	in	in	ADP
cblr-1770	115	2	part	part	NOUN
cblr-1770	115	3	iv	iv	NUM
cblr-1770	115	4	,	,	PUNCT
cblr-1770	115	5	we	we	PRON
cblr-1770	115	6	consider	consider	VERB
cblr-1770	115	7	the	the	DET
cblr-1770	115	8	implications	implication	NOUN
cblr-1770	115	9	of	of	ADP
cblr-1770	115	10	our	our	PRON
cblr-1770	115	11	findings	finding	NOUN
cblr-1770	115	12	for	for	ADP
cblr-1770	115	13	corporate	corporate	ADJ
cblr-1770	115	14	governance	governance	NOUN
cblr-1770	115	15	and	and	CCONJ
cblr-1770	115	16	executive	executive	NOUN
cblr-1770	115	17	compensation	compensation	NOUN
cblr-1770	115	18	standards	standard	NOUN
cblr-1770	115	19	around	around	ADP
cblr-1770	115	20	the	the	DET
cblr-1770	115	21	world	world	NOUN
cblr-1770	115	22	.	.	PUNCT
cblr-1770	116	1	part	part	NOUN
cblr-1770	116	2	iv	iv	NUM
cblr-1770	116	3	concludes	conclude	VERB
cblr-1770	116	4	.	.	PUNCT
cblr-1770	117	1	ii	ii	X
cblr-1770	117	2	.	.	PUNCT
cblr-1770	117	3	corporate	corporate	ADJ
cblr-1770	117	4	governance	governance	NOUN
cblr-1770	117	5	and	and	CCONJ
cblr-1770	117	6	executive	executive	NOUN
cblr-1770	117	7	pay	pay	VERB
cblr-1770	117	8	the	the	DET
cblr-1770	117	9	bulk	bulk	NOUN
cblr-1770	117	10	of	of	ADP
cblr-1770	117	11	the	the	DET
cblr-1770	117	12	extensive	extensive	ADJ
cblr-1770	117	13	literature	literature	NOUN
cblr-1770	117	14	on	on	ADP
cblr-1770	117	15	executive	executive	NOUN
cblr-1770	117	16	compensation	compensation	NOUN
cblr-1770	117	17	has	have	AUX
cblr-1770	117	18	focused	focus	VERB
cblr-1770	117	19	on	on	ADP
cblr-1770	117	20	the	the	DET
cblr-1770	117	21	pay	pay	NOUN
cblr-1770	117	22	bargains	bargain	NOUN
cblr-1770	117	23	struck	strike	VERB
cblr-1770	117	24	between	between	ADP
cblr-1770	117	25	boards	board	NOUN
cblr-1770	117	26	of	of	ADP
cblr-1770	117	27	directors	director	NOUN
cblr-1770	117	28	and	and	CCONJ
cblr-1770	117	29	top	top	ADJ
cblr-1770	117	30	executives	executive	NOUN
cblr-1770	117	31	at	at	ADP
cblr-1770	117	32	u.s	u.s	PROPN
cblr-1770	117	33	.	.	PROPN
cblr-1770	117	34	public	public	NOUN