id	sid	tid	token	lemma	pos
cblr-1777	1	1	leavy	leavy	PROPN
cblr-1777	1	2	final	final	PROPN
cblr-1777	1	3	4/27/2014	4/27/2014	NUM
cblr-1777	1	4	10:12	10:12	NUM
cblr-1777	1	5	pm	pm	NOUN
cblr-1777	1	6	necessity	necessity	NOUN
cblr-1777	1	7	is	be	AUX
cblr-1777	1	8	the	the	DET
cblr-1777	1	9	mother	mother	NOUN
cblr-1777	1	10	of	of	ADP
cblr-1777	1	11	invention	invention	NOUN
cblr-1777	1	12	:	:	PUNCT
cblr-1777	1	13	a	a	DET
cblr-1777	1	14	renewed	renew	VERB
cblr-1777	1	15	call	call	NOUN
cblr-1777	1	16	to	to	PART
cblr-1777	1	17	engage	engage	VERB
cblr-1777	1	18	the	the	DET
cblr-1777	1	19	sec	sec	PROPN
cblr-1777	1	20	on	on	ADP
cblr-1777	1	21	social	social	ADJ
cblr-1777	1	22	disclosure	disclosure	NOUN
cblr-1777	1	23	alexandra	alexandra	PROPN
cblr-1777	1	24	leavy	leavy	ADJ
cblr-1777	1	25	corporate	corporate	ADJ
cblr-1777	1	26	law	law	NOUN
cblr-1777	1	27	in	in	ADP
cblr-1777	1	28	the	the	DET
cblr-1777	1	29	united	united	PROPN
cblr-1777	1	30	states	states	PROPN
cblr-1777	1	31	is	be	AUX
cblr-1777	1	32	undergoing	undergo	VERB
cblr-1777	1	33	a	a	DET
cblr-1777	1	34	significant	significant	ADJ
cblr-1777	1	35	but	but	CCONJ
cblr-1777	1	36	understated	understated	ADJ
cblr-1777	1	37	revolution	revolution	NOUN
cblr-1777	1	38	.	.	PUNCT
cblr-1777	2	1	delaware	delaware	PROPN
cblr-1777	2	2	is	be	AUX
cblr-1777	2	3	one	one	NUM
cblr-1777	2	4	of	of	ADP
cblr-1777	2	5	nineteen	nineteen	NUM
cblr-1777	2	6	states	state	NOUN
cblr-1777	2	7	to	to	PART
cblr-1777	2	8	adopt	adopt	VERB
cblr-1777	2	9	the	the	DET
cblr-1777	2	10	benefit	benefit	NOUN
cblr-1777	2	11	corporation	corporation	NOUN
cblr-1777	2	12	,	,	PUNCT
cblr-1777	2	13	a	a	DET
cblr-1777	2	14	corporate	corporate	ADJ
cblr-1777	2	15	form	form	NOUN
cblr-1777	2	16	that	that	PRON
cblr-1777	2	17	legally	legally	ADV
cblr-1777	2	18	facilitates	facilitate	VERB
cblr-1777	2	19	the	the	DET
cblr-1777	2	20	pursuit	pursuit	NOUN
cblr-1777	2	21	of	of	ADP
cblr-1777	2	22	both	both	CCONJ
cblr-1777	2	23	financial	financial	ADJ
cblr-1777	2	24	and	and	CCONJ
cblr-1777	2	25	social	social	ADJ
cblr-1777	2	26	ends	end	NOUN
cblr-1777	2	27	.	.	PUNCT
cblr-1777	3	1	while	while	SCONJ
cblr-1777	3	2	the	the	DET
cblr-1777	3	3	existing	exist	VERB
cblr-1777	3	4	state	state	NOUN
cblr-1777	3	5	statutes	statute	NOUN
cblr-1777	3	6	incorporate	incorporate	VERB
cblr-1777	3	7	mandatory	mandatory	ADJ
cblr-1777	3	8	disclosure	disclosure	NOUN
cblr-1777	3	9	regimes	regime	NOUN
cblr-1777	3	10	,	,	PUNCT
cblr-1777	3	11	they	they	PRON
cblr-1777	3	12	lack	lack	VERB
cblr-1777	3	13	the	the	DET
cblr-1777	3	14	enforcement	enforcement	NOUN
cblr-1777	3	15	mechanisms	mechanism	NOUN
cblr-1777	3	16	necessary	necessary	ADJ
cblr-1777	3	17	to	to	PART
cblr-1777	3	18	guarantee	guarantee	VERB
cblr-1777	3	19	the	the	DET
cblr-1777	3	20	accuracy	accuracy	NOUN
cblr-1777	3	21	of	of	ADP
cblr-1777	3	22	benefit	benefit	NOUN
cblr-1777	3	23	reports	report	NOUN
cblr-1777	3	24	and	and	CCONJ
cblr-1777	3	25	are	be	AUX
cblr-1777	3	26	not	not	PART
cblr-1777	3	27	sufficiently	sufficiently	ADV
cblr-1777	3	28	uniform	uniform	ADJ
cblr-1777	3	29	to	to	PART
cblr-1777	3	30	allow	allow	VERB
cblr-1777	3	31	investors	investor	NOUN
cblr-1777	3	32	to	to	PART
cblr-1777	3	33	make	make	VERB
cblr-1777	3	34	informed	informed	ADJ
cblr-1777	3	35	decisions	decision	NOUN
cblr-1777	3	36	.	.	PUNCT
cblr-1777	4	1	as	as	ADP
cblr-1777	4	2	such	such	ADJ
cblr-1777	4	3	,	,	PUNCT
cblr-1777	4	4	this	this	DET
cblr-1777	4	5	note	note	NOUN
cblr-1777	4	6	argues	argue	VERB
cblr-1777	4	7	that	that	SCONJ
cblr-1777	4	8	the	the	DET
cblr-1777	4	9	securities	securities	PROPN
cblr-1777	4	10	and	and	CCONJ
cblr-1777	4	11	exchange	exchange	PROPN
cblr-1777	4	12	commission	commission	PROPN
cblr-1777	4	13	(	(	PUNCT
cblr-1777	4	14	“	"	PUNCT
cblr-1777	4	15	sec	sec	PROPN
cblr-1777	4	16	”	"	PUNCT
cblr-1777	4	17	or	or	CCONJ
cblr-1777	4	18	“	"	PUNCT
cblr-1777	4	19	commission	commission	NOUN
cblr-1777	4	20	”	"	PUNCT
cblr-1777	4	21	)	)	PUNCT
cblr-1777	4	22	ought	ought	AUX
cblr-1777	4	23	to	to	PART
cblr-1777	4	24	amend	amend	VERB
cblr-1777	4	25	its	its	PRON
cblr-1777	4	26	proxy	proxy	ADJ
cblr-1777	4	27	disclosure	disclosure	NOUN
cblr-1777	4	28	and	and	CCONJ
cblr-1777	4	29	periodic	periodic	ADJ
cblr-1777	4	30	reporting	reporting	NOUN
cblr-1777	4	31	rules	rule	NOUN
cblr-1777	4	32	to	to	PART
cblr-1777	4	33	ensure	ensure	VERB
cblr-1777	4	34	that	that	SCONJ
cblr-1777	4	35	registrants	registrant	NOUN
cblr-1777	4	36	incorporated	incorporate	VERB
cblr-1777	4	37	under	under	ADP
cblr-1777	4	38	benefit	benefit	NOUN
cblr-1777	4	39	statutes	statute	NOUN
cblr-1777	4	40	provide	provide	VERB
cblr-1777	4	41	substantial	substantial	ADJ
cblr-1777	4	42	information	information	NOUN
cblr-1777	4	43	about	about	ADP
cblr-1777	4	44	their	their	PRON
cblr-1777	4	45	social	social	ADJ
cblr-1777	4	46	impact	impact	NOUN
cblr-1777	4	47	.	.	PUNCT
cblr-1777	5	1	mandatory	mandatory	ADJ
cblr-1777	5	2	social	social	ADJ
cblr-1777	5	3	disclosure	disclosure	NOUN
cblr-1777	5	4	has	have	AUX
cblr-1777	5	5	been	be	AUX
cblr-1777	5	6	rejected	reject	VERB
cblr-1777	5	7	in	in	ADP
cblr-1777	5	8	the	the	DET
cblr-1777	5	9	past	past	NOUN
cblr-1777	5	10	—	—	PUNCT
cblr-1777	5	11	the	the	DET
cblr-1777	5	12	condition	condition	NOUN
cblr-1777	5	13	of	of	ADP
cblr-1777	5	14	“	"	PUNCT
cblr-1777	5	15	materiality	materiality	NOUN
cblr-1777	5	16	”	"	PUNCT
cblr-1777	5	17	has	have	VERB
cblr-1777	5	18	long	long	ADV
cblr-1777	5	19	governed	govern	VERB
cblr-1777	5	20	corporate	corporate	ADJ
cblr-1777	5	21	disclosure	disclosure	NOUN
cblr-1777	5	22	.	.	PUNCT
cblr-1777	6	1	the	the	DET
cblr-1777	6	2	recent	recent	ADJ
cblr-1777	6	3	enactment	enactment	NOUN
cblr-1777	6	4	of	of	ADP
cblr-1777	6	5	the	the	DET
cblr-1777	6	6	delaware	delaware	PROPN
cblr-1777	6	7	benefit	benefit	PROPN
cblr-1777	6	8	corporation	corporation	NOUN
cblr-1777	6	9	suggests	suggest	VERB
cblr-1777	6	10	that	that	SCONJ
cblr-1777	6	11	some	some	DET
cblr-1777	6	12	benefit	benefit	NOUN
cblr-1777	6	13	corporations	corporation	NOUN
cblr-1777	6	14	will	will	AUX
cblr-1777	6	15	become	become	VERB
cblr-1777	6	16	public	public	ADJ
cblr-1777	6	17	companies	company	NOUN
cblr-1777	6	18	.	.	PUNCT
cblr-1777	7	1	thus	thus	ADV
cblr-1777	7	2	,	,	PUNCT
cblr-1777	7	3	for	for	ADP
cblr-1777	7	4	the	the	DET
cblr-1777	7	5	first	first	ADJ
cblr-1777	7	6	time	time	NOUN
cblr-1777	7	7	,	,	PUNCT
cblr-1777	7	8	social	social	ADJ
cblr-1777	7	9	impact	impact	NOUN
cblr-1777	7	10	has	have	AUX
cblr-1777	7	11	become	become	VERB
cblr-1777	7	12	a	a	DET
cblr-1777	7	13	legal	legal	ADJ
cblr-1777	7	14	obligation	obligation	NOUN
cblr-1777	7	15	of	of	ADP
cblr-1777	7	16	corporate	corporate	ADJ
cblr-1777	7	17	status	status	NOUN
cblr-1777	7	18	,	,	PUNCT
cblr-1777	7	19	effectively	effectively	ADV
cblr-1777	7	20	expanding	expand	VERB
cblr-1777	7	21	the	the	DET
cblr-1777	7	22	scope	scope	NOUN
cblr-1777	7	23	of	of	ADP
cblr-1777	7	24	what	what	PRON
cblr-1777	7	25	is	be	AUX
cblr-1777	7	26	“	"	PUNCT
cblr-1777	7	27	material	material	NOUN
cblr-1777	7	28	”	"	PUNCT
cblr-1777	7	29	to	to	ADP
cblr-1777	7	30	investors	investor	NOUN
cblr-1777	7	31	.	.	PUNCT
cblr-1777	8	1	the	the	DET
cblr-1777	8	2	sec	sec	PROPN
cblr-1777	8	3	’s	’s	PART
cblr-1777	8	4	broad	broad	ADJ
cblr-1777	8	5	investor	investor	NOUN
cblr-1777	8	6	protection	protection	NOUN
cblr-1777	8	7	mandate	mandate	NOUN
cblr-1777	8	8	and	and	CCONJ
cblr-1777	8	9			PROPN
cblr-1777	8	10	j.d	j.d	PROPN
cblr-1777	8	11	.	.	PROPN
cblr-1777	8	12	candidate	candidate	PROPN
cblr-1777	8	13	2015	2015	NUM
cblr-1777	8	14	,	,	PUNCT
cblr-1777	8	15	columbia	columbia	PROPN
cblr-1777	8	16	law	law	PROPN
cblr-1777	8	17	school	school	NOUN
cblr-1777	8	18	;	;	PUNCT
cblr-1777	8	19	b.a	b.a	PROPN
cblr-1777	8	20	.	.	PROPN
cblr-1777	8	21	2010	2010	NUM
cblr-1777	8	22	,	,	PUNCT
cblr-1777	8	23	university	university	NOUN
cblr-1777	8	24	of	of	ADP
cblr-1777	8	25	pennsylvania	pennsylvania	PROPN
cblr-1777	8	26	.	.	PUNCT
cblr-1777	9	1	the	the	DET
cblr-1777	9	2	author	author	NOUN
cblr-1777	9	3	would	would	AUX
cblr-1777	9	4	like	like	VERB
cblr-1777	9	5	to	to	PART
cblr-1777	9	6	thank	thank	VERB
cblr-1777	9	7	professor	professor	PROPN
cblr-1777	9	8	harvey	harvey	PROPN
cblr-1777	9	9	j.	j.	PROPN
cblr-1777	9	10	goldschmid	goldschmid	PROPN
cblr-1777	9	11	for	for	ADP
cblr-1777	9	12	his	his	PRON
cblr-1777	9	13	unwavering	unwavering	ADJ
cblr-1777	9	14	support	support	NOUN
cblr-1777	9	15	and	and	CCONJ
cblr-1777	9	16	guidance	guidance	NOUN
cblr-1777	9	17	throughout	throughout	ADP
cblr-1777	9	18	the	the	DET
cblr-1777	9	19	writing	writing	NOUN
cblr-1777	9	20	process	process	NOUN
cblr-1777	9	21	.	.	PUNCT
cblr-1777	10	1	she	she	PRON
cblr-1777	10	2	would	would	AUX
cblr-1777	10	3	also	also	ADV
cblr-1777	10	4	like	like	VERB
cblr-1777	10	5	to	to	PART
cblr-1777	10	6	thank	thank	VERB
cblr-1777	10	7	professor	professor	PROPN
cblr-1777	10	8	robert	robert	PROPN
cblr-1777	10	9	j.	j.	PROPN
cblr-1777	10	10	jackson	jackson	PROPN
cblr-1777	10	11	,	,	PUNCT
cblr-1777	10	12	jr	jr	PROPN
cblr-1777	10	13	.	.	PROPN
cblr-1777	10	14	for	for	ADP
cblr-1777	10	15	much	much	ADV
cblr-1777	10	16	-	-	PUNCT
cblr-1777	10	17	needed	need	VERB
cblr-1777	10	18	inspiration	inspiration	NOUN
cblr-1777	10	19	and	and	CCONJ
cblr-1777	10	20	the	the	DET
cblr-1777	10	21	entire	entire	ADJ
cblr-1777	10	22	columbia	columbia	PROPN
cblr-1777	10	23	business	business	NOUN
cblr-1777	10	24	law	law	PROPN
cblr-1777	10	25	review	review	NOUN
cblr-1777	10	26	staff	staff	NOUN
cblr-1777	10	27	for	for	ADP
cblr-1777	10	28	their	their	PRON
cblr-1777	10	29	assistance	assistance	NOUN
cblr-1777	10	30	in	in	ADP
cblr-1777	10	31	preparing	prepare	VERB
cblr-1777	10	32	this	this	DET
cblr-1777	10	33	note	note	NOUN
cblr-1777	10	34	for	for	ADP
cblr-1777	10	35	publication	publication	NOUN
cblr-1777	10	36	.	.	PUNCT
cblr-1777	11	1	finally	finally	ADV
cblr-1777	11	2	,	,	PUNCT
cblr-1777	11	3	she	she	PRON
cblr-1777	11	4	would	would	AUX
cblr-1777	11	5	like	like	VERB
cblr-1777	11	6	to	to	PART
cblr-1777	11	7	thank	thank	VERB
cblr-1777	11	8	her	her	PRON
cblr-1777	11	9	parents	parent	NOUN
cblr-1777	11	10	for	for	ADP
cblr-1777	11	11	their	their	PRON
cblr-1777	11	12	unconditional	unconditional	ADJ
cblr-1777	11	13	support	support	NOUN
cblr-1777	11	14	throughout	throughout	ADP
cblr-1777	11	15	law	law	NOUN
cblr-1777	11	16	school	school	NOUN
cblr-1777	11	17	and	and	CCONJ
cblr-1777	11	18	all	all	PRON
cblr-1777	11	19	of	of	ADP
cblr-1777	11	20	her	her	PRON
cblr-1777	11	21	other	other	ADJ
cblr-1777	11	22	pursuits	pursuit	NOUN
cblr-1777	11	23	.	.	PUNCT
cblr-1777	12	1	leavy	leavy	PROPN
cblr-1777	12	2	final	final	PROPN
cblr-1777	12	3	4/27/2014	4/27/2014	NUM
cblr-1777	12	4	10:12	10:12	NUM
cblr-1777	12	5	pm	pm	NOUN
cblr-1777	12	6	464	464	NUM
cblr-1777	12	7	columbia	columbia	PROPN
cblr-1777	12	8	business	business	NOUN
cblr-1777	12	9	law	law	PROPN
cblr-1777	12	10	review	review	NOUN
cblr-1777	12	11	[	[	X
cblr-1777	12	12	vol	vol	NOUN
cblr-1777	12	13	.	.	PUNCT
cblr-1777	12	14	2014	2014	NUM
cblr-1777	12	15	its	its	PRON
cblr-1777	12	16	history	history	NOUN
cblr-1777	12	17	of	of	ADP
cblr-1777	12	18	regulating	regulate	VERB
cblr-1777	12	19	financial	financial	ADJ
cblr-1777	12	20	disclosure	disclosure	NOUN
cblr-1777	12	21	put	put	VERB
cblr-1777	12	22	the	the	DET
cblr-1777	12	23	commission	commission	NOUN
cblr-1777	12	24	in	in	ADP
cblr-1777	12	25	the	the	DET
cblr-1777	12	26	best	good	ADJ
cblr-1777	12	27	position	position	NOUN
cblr-1777	12	28	to	to	PART
cblr-1777	12	29	introduce	introduce	VERB
cblr-1777	12	30	a	a	DET
cblr-1777	12	31	social	social	ADJ
cblr-1777	12	32	impact	impact	NOUN
cblr-1777	12	33	disclosure	disclosure	NOUN
cblr-1777	12	34	regime	regime	NOUN
cblr-1777	12	35	for	for	ADP
cblr-1777	12	36	publicly	publicly	ADV
cblr-1777	12	37	traded	trade	VERB
cblr-1777	12	38	benefit	benefit	NOUN
cblr-1777	12	39	corporations	corporation	NOUN
cblr-1777	12	40	.	.	PUNCT
cblr-1777	13	1	such	such	DET
cblr-1777	13	2	a	a	DET
cblr-1777	13	3	regime	regime	NOUN
cblr-1777	13	4	has	have	VERB
cblr-1777	13	5	the	the	DET
cblr-1777	13	6	ability	ability	NOUN
cblr-1777	13	7	to	to	PART
cblr-1777	13	8	preserve	preserve	VERB
cblr-1777	13	9	the	the	DET
cblr-1777	13	10	benefit	benefit	NOUN
cblr-1777	13	11	corporation	corporation	NOUN
cblr-1777	13	12	as	as	ADP
cblr-1777	13	13	a	a	DET
cblr-1777	13	14	legitimate	legitimate	ADJ
cblr-1777	13	15	corporate	corporate	ADJ
cblr-1777	13	16	form	form	NOUN
cblr-1777	13	17	and	and	CCONJ
cblr-1777	13	18	,	,	PUNCT
cblr-1777	13	19	importantly	importantly	ADV
cblr-1777	13	20	,	,	PUNCT
cblr-1777	13	21	legitimize	legitimize	VERB
cblr-1777	13	22	its	its	PRON
cblr-1777	13	23	dual	dual	ADJ
cblr-1777	13	24	mission	mission	NOUN
cblr-1777	13	25	of	of	ADP
cblr-1777	13	26	purpose	purpose	NOUN
cblr-1777	13	27	and	and	CCONJ
cblr-1777	13	28	profits	profit	NOUN
cblr-1777	13	29	.	.	PUNCT
cblr-1777	14	1	i.	i.	PROPN
cblr-1777	14	2	introduction	introduction	NOUN
cblr-1777	14	3	...............................................................	...............................................................	PUNCT
cblr-1777	14	4	464	464	NUM
cblr-1777	14	5	ii	ii	NOUN
cblr-1777	14	6	.	.	PUNCT
cblr-1777	15	1	the	the	DET
cblr-1777	15	2	emergence	emergence	NOUN
cblr-1777	15	3	of	of	ADP
cblr-1777	15	4	the	the	DET
cblr-1777	15	5	benefit	benefit	NOUN
cblr-1777	15	6	corporation	corporation	NOUN
cblr-1777	15	7	...............	...............	PUNCT
cblr-1777	15	8	468	468	NUM
cblr-1777	15	9	a.	a.	NOUN
cblr-1777	15	10	the	the	DET
cblr-1777	15	11	traditional	traditional	ADJ
cblr-1777	15	12	for	for	ADP
cblr-1777	15	13	-	-	PUNCT
cblr-1777	15	14	profit	profit	NOUN
cblr-1777	15	15	/	/	SYM
cblr-1777	15	16	nonprofit	nonprofit	ADJ
cblr-1777	15	17	divide	divide	NOUN
cblr-1777	15	18	......	......	PUNCT
cblr-1777	16	1	468	468	NUM
cblr-1777	16	2	b.	b.	NOUN
cblr-1777	16	3	preexisting	preexist	VERB
cblr-1777	16	4	hybrid	hybrid	NOUN
cblr-1777	16	5	forms	form	NOUN
cblr-1777	16	6	...................................	...................................	PUNCT
cblr-1777	16	7	476	476	NUM
cblr-1777	16	8	1	1	NUM
cblr-1777	16	9	.	.	PUNCT
cblr-1777	17	1	the	the	DET
cblr-1777	17	2	low	low	ADJ
cblr-1777	17	3	-	-	PUNCT
cblr-1777	17	4	profit	profit	NOUN
cblr-1777	17	5	limited	limited	ADJ
cblr-1777	17	6	liability	liability	NOUN
cblr-1777	17	7	company	company	NOUN
cblr-1777	17	8	(	(	PUNCT
cblr-1777	17	9	“	"	PUNCT
cblr-1777	17	10	l3c	l3c	PROPN
cblr-1777	17	11	”	"	PUNCT
cblr-1777	17	12	)	)	PUNCT
cblr-1777	17	13	............................................................	............................................................	PUNCT
cblr-1777	18	1	476	476	NUM
cblr-1777	18	2	2	2	NUM
cblr-1777	18	3	.	.	PUNCT
cblr-1777	19	1	the	the	DET
cblr-1777	19	2	flexible	flexible	ADJ
cblr-1777	19	3	purpose	purpose	NOUN
cblr-1777	19	4	corporation	corporation	NOUN
cblr-1777	19	5	(	(	PUNCT
cblr-1777	19	6	“	"	PUNCT
cblr-1777	19	7	fpc	fpc	PROPN
cblr-1777	19	8	”	"	PUNCT
cblr-1777	19	9	)	)	PUNCT
cblr-1777	19	10	....	....	PUNCT
cblr-1777	20	1	479	479	NUM
cblr-1777	20	2	3	3	NUM
cblr-1777	20	3	.	.	PUNCT
cblr-1777	21	1	the	the	DET
cblr-1777	21	2	social	social	ADJ
cblr-1777	21	3	purpose	purpose	NOUN
cblr-1777	21	4	corporation	corporation	NOUN
cblr-1777	21	5	(	(	PUNCT
cblr-1777	21	6	“	"	PUNCT
cblr-1777	21	7	spc	spc	PROPN
cblr-1777	21	8	”	"	PUNCT
cblr-1777	21	9	)	)	PUNCT
cblr-1777	21	10	.......	.......	PUNCT
cblr-1777	21	11	482	482	NUM
cblr-1777	21	12	c.	c.	NOUN
cblr-1777	21	13	the	the	DET
cblr-1777	21	14	public	public	ADJ
cblr-1777	21	15	benefit	benefit	NOUN
cblr-1777	21	16	corporation	corporation	NOUN
cblr-1777	21	17	(	(	PUNCT
cblr-1777	21	18	“	"	PUNCT
cblr-1777	21	19	b	b	X
cblr-1777	21	20	-	-	PUNCT
cblr-1777	21	21	corp	corp	NOUN
cblr-1777	21	22	”	"	PUNCT
cblr-1777	21	23	)	)	PUNCT
cblr-1777	21	24	.........	.........	PUNCT
cblr-1777	21	25	483	483	NUM
cblr-1777	21	26	iii	iii	NOUN
cblr-1777	21	27	.	.	PUNCT
cblr-1777	21	28	investor	investor	NOUN
cblr-1777	21	29	protections	protection	NOUN
cblr-1777	21	30	for	for	ADP
cblr-1777	21	31	public	public	ADJ
cblr-1777	21	32	benefit	benefit	NOUN
cblr-1777	21	33	corporations	corporation	NOUN
cblr-1777	21	34	...............................................................	...............................................................	PUNCT
cblr-1777	21	35	488	488	NUM
cblr-1777	21	36	a.	a.	NOUN
cblr-1777	21	37	corporate	corporate	ADJ
cblr-1777	21	38	social	social	ADJ
cblr-1777	21	39	responsibility	responsibility	NOUN
cblr-1777	21	40	and	and	CCONJ
cblr-1777	21	41	the	the	DET
cblr-1777	21	42	traditional	traditional	ADJ
cblr-1777	21	43	corporate	corporate	ADJ
cblr-1777	21	44	form	form	NOUN
cblr-1777	21	45	................................	................................	PUNCT
cblr-1777	21	46	490	490	NUM
cblr-1777	21	47	b.	b.	NOUN
cblr-1777	21	48	the	the	DET
cblr-1777	21	49	securities	security	NOUN
cblr-1777	21	50	acts	act	VERB
cblr-1777	21	51	and	and	CCONJ
cblr-1777	21	52	current	current	ADJ
cblr-1777	21	53	sec	sec	PROPN
cblr-1777	21	54	disclosure	disclosure	NOUN
cblr-1777	21	55	rules	rule	NOUN
cblr-1777	21	56	..................................................	..................................................	PUNCT
cblr-1777	21	57	496	496	NUM
cblr-1777	21	58	iv	iv	NOUN
cblr-1777	21	59	.	.	PUNCT
cblr-1777	22	1	a	a	DET
cblr-1777	22	2	proposed	propose	VERB
cblr-1777	22	3	benefit	benefit	NOUN
cblr-1777	22	4	regime	regime	NOUN
cblr-1777	22	5	for	for	ADP
cblr-1777	22	6	the	the	DET
cblr-1777	22	7	sec	sec	PROPN
cblr-1777	22	8	...................	...................	PUNCT
cblr-1777	23	1	502	502	NUM
cblr-1777	23	2	v.	v.	ADP
cblr-1777	23	3	conclusion	conclusion	NOUN
cblr-1777	23	4	..................................................................	..................................................................	PUNCT
cblr-1777	23	5	510	510	NUM
cblr-1777	23	6	i.	i.	NOUN
cblr-1777	23	7	introduction	introduction	NOUN
cblr-1777	23	8	on	on	ADP
cblr-1777	23	9	july	july	PROPN
cblr-1777	23	10	17	17	NUM
cblr-1777	23	11	,	,	PUNCT
cblr-1777	23	12	2013	2013	NUM
cblr-1777	23	13	,	,	PUNCT
cblr-1777	23	14	delaware	delaware	PROPN
cblr-1777	23	15	became	become	VERB
cblr-1777	23	16	the	the	DET
cblr-1777	23	17	nineteenth	nineteenth	ADJ
cblr-1777	23	18	state	state	NOUN
cblr-1777	23	19	to	to	PART
cblr-1777	23	20	pass	pass	VERB
cblr-1777	23	21	legislation	legislation	NOUN
cblr-1777	23	22	adopting	adopt	VERB
cblr-1777	23	23	the	the	DET
cblr-1777	23	24	public	public	ADJ
cblr-1777	23	25	benefit	benefit	NOUN
cblr-1777	23	26	corporation	corporation	NOUN
cblr-1777	23	27	(	(	PUNCT
cblr-1777	23	28	“	"	PUNCT
cblr-1777	23	29	b	b	X
cblr-1777	23	30	-	-	PUNCT
cblr-1777	23	31	corp	corp	NOUN
cblr-1777	23	32	”	"	PUNCT
cblr-1777	23	33	)	)	PUNCT
cblr-1777	23	34	as	as	ADP
cblr-1777	23	35	a	a	DET
cblr-1777	23	36	legal	legal	ADJ
cblr-1777	23	37	corporate	corporate	ADJ
cblr-1777	23	38	form.1	form.1	PROPN
cblr-1777	23	39	some	some	PRON
cblr-1777	23	40	might	might	AUX
cblr-1777	23	41	argue	argue	VERB
cblr-1777	23	42	the	the	DET
cblr-1777	23	43	1	1	NUM
cblr-1777	23	44	these	these	DET
cblr-1777	23	45	states	state	NOUN
cblr-1777	23	46	include	include	VERB
cblr-1777	23	47	arizona	arizona	PROPN
cblr-1777	23	48	,	,	PUNCT
cblr-1777	23	49	arkansas	arkansas	PROPN
cblr-1777	23	50	,	,	PUNCT
cblr-1777	23	51	california	california	PROPN
cblr-1777	23	52	,	,	PUNCT
cblr-1777	23	53	colorado	colorado	PROPN
cblr-1777	23	54	,	,	PUNCT
cblr-1777	23	55	delaware	delaware	PROPN
cblr-1777	23	56	,	,	PUNCT
cblr-1777	23	57	hawaii	hawaii	PROPN
cblr-1777	23	58	,	,	PUNCT
cblr-1777	23	59	illinois	illinois	PROPN
cblr-1777	23	60	,	,	PUNCT
cblr-1777	23	61	louisiana	louisiana	PROPN
cblr-1777	23	62	,	,	PUNCT
cblr-1777	23	63	maryland	maryland	PROPN
cblr-1777	23	64	,	,	PUNCT
cblr-1777	23	65	massachusetts	massachusetts	PROPN
cblr-1777	23	66	,	,	PUNCT
cblr-1777	23	67	nevada	nevada	PROPN
cblr-1777	23	68	,	,	PUNCT
cblr-1777	23	69	new	new	PROPN
cblr-1777	23	70	jersey	jersey	PROPN
cblr-1777	23	71	,	,	PUNCT
cblr-1777	23	72	new	new	PROPN
cblr-1777	23	73	york	york	PROPN
cblr-1777	23	74	,	,	PUNCT
cblr-1777	23	75	oregon	oregon	PROPN
cblr-1777	23	76	,	,	PUNCT
cblr-1777	23	77	pennsylvania	pennsylvania	PROPN
cblr-1777	23	78	(	(	PUNCT
cblr-1777	23	79	hb	hb	PROPN
cblr-1777	23	80	1616	1616	NUM
cblr-1777	23	81	)	)	PUNCT
cblr-1777	23	82	,	,	PUNCT
cblr-1777	23	83	rhode	rhode	PROPN
cblr-1777	23	84	island	island	NOUN
cblr-1777	23	85	,	,	PUNCT
cblr-1777	23	86	south	south	PROPN
cblr-1777	23	87	carolina	carolina	PROPN
cblr-1777	23	88	,	,	PUNCT
cblr-1777	23	89	vermont	vermont	PROPN
cblr-1777	23	90	,	,	PUNCT
cblr-1777	23	91	virginia	virginia	PROPN
cblr-1777	23	92	,	,	PUNCT
cblr-1777	23	93	and	and	CCONJ
cblr-1777	23	94	the	the	DET
cblr-1777	23	95	district	district	NOUN
cblr-1777	23	96	of	of	ADP
cblr-1777	23	97	columbia	columbia	PROPN
cblr-1777	23	98	.	.	PUNCT
cblr-1777	24	1	state	state	NOUN
cblr-1777	24	2	by	by	ADP
cblr-1777	24	3	state	state	NOUN
cblr-1777	24	4	legislative	legislative	ADJ
cblr-1777	24	5	status	status	NOUN
cblr-1777	24	6	,	,	PUNCT
cblr-1777	24	7	benefit	benefit	PROPN
cblr-1777	24	8	corp	corp	PROPN
cblr-1777	24	9	info	info	PROPN
cblr-1777	24	10	.	.	PUNCT
cblr-1777	25	1	ctr	ctr	PROPN
cblr-1777	25	2	.	.	PROPN
cblr-1777	25	3	,	,	PUNCT
cblr-1777	25	4	http://www.benefitcorp.net/state-by-state-legislative-status	http://www.benefitcorp.net/state-by-state-legislative-status	PROPN
cblr-1777	25	5	(	(	PUNCT
cblr-1777	25	6	last	last	ADJ
cblr-1777	25	7	visited	visit	VERB
cblr-1777	25	8	apr	apr	NOUN
cblr-1777	25	9	.	.	PROPN
cblr-1777	25	10	23	23	NUM
cblr-1777	25	11	,	,	PUNCT
cblr-1777	25	12	2014	2014	NUM
cblr-1777	25	13	)	)	PUNCT
cblr-1777	25	14	.	.	PUNCT
cblr-1777	26	1	leavy	leavy	PROPN
cblr-1777	26	2	final	final	PROPN
cblr-1777	26	3	4/27/2014	4/27/2014	NUM
cblr-1777	26	4	10:12	10:12	NUM
cblr-1777	26	5	pm	pm	NOUN
cblr-1777	26	6	no	no	INTJ
cblr-1777	26	7	.	.	PUNCT
cblr-1777	27	1	2:463	2:463	NUM
cblr-1777	27	2	]	]	PUNCT
cblr-1777	27	3	necessity	necessity	NOUN
cblr-1777	27	4	is	be	AUX
cblr-1777	27	5	the	the	DET
cblr-1777	27	6	mother	mother	NOUN
cblr-1777	27	7	of	of	ADP
cblr-1777	27	8	invention	invention	NOUN
cblr-1777	27	9	465	465	NUM
cblr-1777	27	10	united	united	ADJ
cblr-1777	27	11	states	states	PROPN
cblr-1777	27	12	is	be	AUX
cblr-1777	27	13	heading	head	VERB
cblr-1777	27	14	towards	towards	ADP
cblr-1777	27	15	a	a	DET
cblr-1777	27	16	corporate	corporate	ADJ
cblr-1777	27	17	revolution.2	revolution.2	PROPN
cblr-1777	27	18	this	this	DET
cblr-1777	27	19	type	type	NOUN
cblr-1777	27	20	of	of	ADP
cblr-1777	27	21	change	change	NOUN
cblr-1777	27	22	has	have	AUX
cblr-1777	27	23	not	not	PART
cblr-1777	27	24	occurred	occur	VERB
cblr-1777	27	25	since	since	SCONJ
cblr-1777	27	26	the	the	DET
cblr-1777	27	27	introduction	introduction	NOUN
cblr-1777	27	28	of	of	ADP
cblr-1777	27	29	the	the	DET
cblr-1777	27	30	limited	limited	ADJ
cblr-1777	27	31	liability	liability	NOUN
cblr-1777	27	32	company	company	NOUN
cblr-1777	27	33	(	(	PUNCT
cblr-1777	27	34	“	"	PUNCT
cblr-1777	27	35	llc	llc	PROPN
cblr-1777	27	36	”	"	PUNCT
cblr-1777	27	37	)	)	PUNCT
cblr-1777	27	38	in	in	ADP
cblr-1777	27	39	the	the	DET
cblr-1777	27	40	1970s	1970	NOUN
cblr-1777	27	41	—	—	PUNCT
cblr-1777	27	42	and	and	CCONJ
cblr-1777	27	43	even	even	ADV
cblr-1777	27	44	then	then	ADV
cblr-1777	27	45	it	it	PRON
cblr-1777	27	46	took	take	VERB
cblr-1777	27	47	more	more	ADJ
cblr-1777	27	48	than	than	ADP
cblr-1777	27	49	twenty	twenty	NUM
cblr-1777	27	50	years	year	NOUN
cblr-1777	27	51	for	for	SCONJ
cblr-1777	27	52	every	every	DET
cblr-1777	27	53	state	state	NOUN
cblr-1777	27	54	to	to	PART
cblr-1777	27	55	pass	pass	VERB
cblr-1777	27	56	legislation	legislation	NOUN
cblr-1777	27	57	adopting	adopt	VERB
cblr-1777	27	58	the	the	DET
cblr-1777	27	59	llc	llc	PROPN
cblr-1777	27	60	form.3	form.3	PROPN
cblr-1777	27	61	today	today	NOUN
cblr-1777	27	62	,	,	PUNCT
cblr-1777	27	63	llc	llc	PROPN
cblr-1777	27	64	formation	formation	NOUN
cblr-1777	27	65	outpaces	outpace	VERB
cblr-1777	27	66	corporate	corporate	ADJ
cblr-1777	27	67	formation	formation	NOUN
cblr-1777	27	68	by	by	ADP
cblr-1777	27	69	almost	almost	ADV
cblr-1777	27	70	two	two	NUM
cblr-1777	27	71	to	to	PART
cblr-1777	27	72	one.4	one.4	VERB
cblr-1777	27	73	no	no	ADV
cblr-1777	27	74	doubt	doubt	NOUN
cblr-1777	27	75	,	,	PUNCT
cblr-1777	27	76	passage	passage	NOUN
cblr-1777	27	77	of	of	ADP
cblr-1777	27	78	b	b	PROPN
cblr-1777	27	79	-	-	PUNCT
cblr-1777	27	80	corp	corp	PROPN
cblr-1777	27	81	legislation	legislation	NOUN
cblr-1777	27	82	in	in	ADP
cblr-1777	27	83	delaware	delaware	PROPN
cblr-1777	27	84	marks	mark	VERB
cblr-1777	27	85	a	a	DET
cblr-1777	27	86	significant	significant	ADJ
cblr-1777	27	87	milestone	milestone	NOUN
cblr-1777	27	88	;	;	PUNCT
cblr-1777	27	89	the	the	DET
cblr-1777	27	90	state	state	NOUN
cblr-1777	27	91	is	be	AUX
cblr-1777	27	92	home	home	NOUN
cblr-1777	27	93	to	to	ADP
cblr-1777	27	94	half	half	NOUN
cblr-1777	27	95	of	of	ADP
cblr-1777	27	96	all	all	PRON
cblr-1777	27	97	publicly	publicly	ADV
cblr-1777	27	98	traded	trade	VERB
cblr-1777	27	99	companies,5	companies,5	ADJ
cblr-1777	27	100	most	most	ADJ
cblr-1777	27	101	venture	venture	NOUN
cblr-1777	27	102	-	-	PUNCT
cblr-1777	27	103	backed	back	VERB
cblr-1777	27	104	businesses	business	NOUN
cblr-1777	27	105	,	,	PUNCT
cblr-1777	27	106	and	and	CCONJ
cblr-1777	27	107	nearly	nearly	ADV
cblr-1777	27	108	two	two	NUM
cblr-1777	27	109	-	-	PUNCT
cblr-1777	27	110	thirds	third	NOUN
cblr-1777	27	111	of	of	ADP
cblr-1777	27	112	fortune	fortune	NOUN
cblr-1777	27	113	500	500	NUM
cblr-1777	27	114	companies.6	companies.6	NOUN
cblr-1777	27	115	it	it	PRON
cblr-1777	27	116	is	be	AUX
cblr-1777	27	117	a	a	DET
cblr-1777	27	118	signal	signal	NOUN
cblr-1777	27	119	to	to	ADP
cblr-1777	27	120	remaining	remain	VERB
cblr-1777	27	121	states	state	NOUN
cblr-1777	27	122	that	that	SCONJ
cblr-1777	27	123	the	the	DET
cblr-1777	27	124	business	business	NOUN
cblr-1777	27	125	community	community	NOUN
cblr-1777	27	126	believes	believe	VERB
cblr-1777	27	127	in	in	ADP
cblr-1777	27	128	choice	choice	NOUN
cblr-1777	27	129	and	and	CCONJ
cblr-1777	27	130	has	have	VERB
cblr-1777	27	131	confidence	confidence	NOUN
cblr-1777	27	132	in	in	ADP
cblr-1777	27	133	the	the	DET
cblr-1777	27	134	potential	potential	NOUN
cblr-1777	27	135	of	of	ADP
cblr-1777	27	136	businesses	business	NOUN
cblr-1777	27	137	to	to	PART
cblr-1777	27	138	be	be	AUX
cblr-1777	27	139	a	a	DET
cblr-1777	27	140	force	force	NOUN
cblr-1777	27	141	for	for	ADP
cblr-1777	27	142	social	social	ADJ
cblr-1777	27	143	change.7	change.7	NOUN
cblr-1777	27	144	governor	governor	NOUN
cblr-1777	27	145	jack	jack	PROPN
cblr-1777	27	146	markell	markell	PROPN
cblr-1777	27	147	remarked	remark	VERB
cblr-1777	27	148	that	that	SCONJ
cblr-1777	27	149	many	many	ADJ
cblr-1777	27	150	businesses	business	NOUN
cblr-1777	27	151	“	"	PUNCT
cblr-1777	27	152	feel	feel	VERB
cblr-1777	27	153	understandably	understandably	ADV
cblr-1777	27	154	constrained	constrain	VERB
cblr-1777	27	155	by	by	ADP
cblr-1777	27	156	existing	exist	VERB
cblr-1777	27	157	corporate	corporate	ADJ
cblr-1777	27	158	law	law	NOUN
cblr-1777	27	159	that	that	PRON
cblr-1777	27	160	recognizes	recognize	VERB
cblr-1777	27	161	only	only	ADV
cblr-1777	27	162	one	one	NUM
cblr-1777	27	163	legitimate	legitimate	ADJ
cblr-1777	27	164	corporate	corporate	ADJ
cblr-1777	27	165	purpose	purpose	NOUN
cblr-1777	27	166	—	—	PUNCT
cblr-1777	27	167	to	to	PART
cblr-1777	27	168	maximize	maximize	VERB
cblr-1777	27	169	value	value	NOUN
cblr-1777	27	170	for	for	ADP
cblr-1777	27	171	shareholders	shareholder	NOUN
cblr-1777	27	172	.	.	PUNCT
cblr-1777	27	173	”8	”8	PUNCT
cblr-1777	28	1	the	the	DET
cblr-1777	28	2	public	public	ADJ
cblr-1777	28	3	benefit	benefit	NOUN
cblr-1777	28	4	corporation	corporation	NOUN
cblr-1777	28	5	will	will	AUX
cblr-1777	28	6	counter	counter	VERB
cblr-1777	28	7	the	the	DET
cblr-1777	28	8	“	"	PUNCT
cblr-1777	28	9	plague	plague	NOUN
cblr-1777	28	10	of	of	ADP
cblr-1777	28	11	short	short	ADJ
cblr-1777	28	12	termism	termism	NOUN
cblr-1777	28	13	”	"	PUNCT
cblr-1777	28	14	that	that	PRON
cblr-1777	28	15	led	lead	VERB
cblr-1777	28	16	our	our	PRON
cblr-1777	28	17	country	country	NOUN
cblr-1777	28	18	to	to	ADP
cblr-1777	28	19	financial	financial	ADJ
cblr-1777	28	20	disaster	disaster	NOUN
cblr-1777	28	21	six	six	NUM
cblr-1777	28	22	years	year	NOUN
cblr-1777	28	23	ago	ago	ADV
cblr-1777	28	24	by	by	ADP
cblr-1777	28	25	mandating	mandate	VERB
cblr-1777	28	26	that	that	SCONJ
cblr-1777	28	27	directors	director	NOUN
cblr-1777	28	28	balance	balance	VERB
cblr-1777	28	29	the	the	DET
cblr-1777	28	30	interests	interest	NOUN
cblr-1777	28	31	of	of	ADP
cblr-1777	28	32	2	2	NUM
cblr-1777	28	33	see	see	VERB
cblr-1777	28	34	robert	robert	PROPN
cblr-1777	28	35	t.	t.	PROPN
cblr-1777	28	36	esposito	esposito	PROPN
cblr-1777	28	37	,	,	PUNCT
cblr-1777	28	38	the	the	DET
cblr-1777	28	39	social	social	ADJ
cblr-1777	28	40	enterprise	enterprise	NOUN
cblr-1777	28	41	revolution	revolution	NOUN
cblr-1777	28	42	in	in	ADP
cblr-1777	28	43	corporate	corporate	ADJ
cblr-1777	28	44	law	law	NOUN
cblr-1777	28	45	:	:	PUNCT
cblr-1777	28	46	a	a	DET
cblr-1777	28	47	primer	primer	NOUN
cblr-1777	28	48	on	on	ADP
cblr-1777	28	49	emerging	emerge	VERB
cblr-1777	28	50	corporate	corporate	ADJ
cblr-1777	28	51	entities	entity	NOUN
cblr-1777	28	52	in	in	ADP
cblr-1777	28	53	europe	europe	PROPN
cblr-1777	28	54	and	and	CCONJ
cblr-1777	28	55	the	the	DET
cblr-1777	28	56	united	united	PROPN
cblr-1777	28	57	states	states	PROPN
cblr-1777	28	58	and	and	CCONJ
cblr-1777	28	59	the	the	DET
cblr-1777	28	60	case	case	NOUN
cblr-1777	28	61	for	for	ADP
cblr-1777	28	62	the	the	DET
cblr-1777	28	63	benefit	benefit	NOUN
cblr-1777	28	64	corporation	corporation	NOUN
cblr-1777	28	65	,	,	PUNCT
cblr-1777	28	66	4	4	NUM
cblr-1777	28	67	wm	wm	PROPN
cblr-1777	28	68	.	.	PROPN
cblr-1777	28	69	&	&	CCONJ
cblr-1777	28	70	mary	mary	PROPN
cblr-1777	28	71	bus	bus	PROPN
cblr-1777	28	72	.	.	PUNCT
cblr-1777	29	1	l.	l.	PROPN
cblr-1777	29	2	rev	rev	PROPN
cblr-1777	29	3	.	.	PROPN
cblr-1777	29	4	639	639	NUM
cblr-1777	29	5	,	,	PUNCT
cblr-1777	29	6	642	642	NUM
cblr-1777	29	7	(	(	PUNCT
cblr-1777	29	8	2013	2013	NUM
cblr-1777	29	9	)	)	PUNCT
cblr-1777	29	10	.	.	PUNCT
cblr-1777	30	1	3	3	NUM
cblr-1777	30	2	see	see	VERB
cblr-1777	30	3	deborah	deborah	PROPN
cblr-1777	30	4	sweeney	sweeney	PROPN
cblr-1777	30	5	,	,	PUNCT
cblr-1777	30	6	are	be	AUX
cblr-1777	30	7	benefit	benefit	NOUN
cblr-1777	30	8	corporations	corporation	NOUN
cblr-1777	30	9	the	the	DET
cblr-1777	30	10	new	new	ADJ
cblr-1777	30	11	limited	limited	ADJ
cblr-1777	30	12	liability	liability	NOUN
cblr-1777	30	13	company	company	NOUN
cblr-1777	30	14	?	?	PUNCT
cblr-1777	30	15	,	,	PUNCT
cblr-1777	30	16	huffpost	huffpost	NOUN
cblr-1777	30	17	bus	bus	NOUN
cblr-1777	30	18	.	.	PUNCT
cblr-1777	31	1	(	(	PUNCT
cblr-1777	31	2	aug	aug	PROPN
cblr-1777	31	3	.	.	PROPN
cblr-1777	31	4	28	28	NUM
cblr-1777	31	5	,	,	PUNCT
cblr-1777	31	6	2013	2013	NUM
cblr-1777	31	7	,	,	PUNCT
cblr-1777	31	8	5:02	5:02	NUM
cblr-1777	31	9	pm	pm	NOUN
cblr-1777	31	10	)	)	PUNCT
cblr-1777	31	11	,	,	PUNCT
cblr-1777	31	12	http://www.huffingtonpost.com/deborah-sweeney/are-benefitcorporations_b_3819590.html	http://www.huffingtonpost.com/deborah-sweeney/are-benefitcorporations_b_3819590.html	PROPN
cblr-1777	31	13	.	.	PUNCT
cblr-1777	32	1	4	4	NUM
cblr-1777	32	2	i	i	NOUN
cblr-1777	32	3	d.	d.	PROPN
cblr-1777	32	4	5	5	NUM
cblr-1777	32	5	daniel	daniel	PROPN
cblr-1777	32	6	fisher	fisher	PROPN
cblr-1777	32	7	,	,	PUNCT
cblr-1777	32	8	delaware	delaware	PROPN
cblr-1777	32	9	‘	'	PUNCT
cblr-1777	32	10	public	public	ADJ
cblr-1777	32	11	benefit	benefit	NOUN
cblr-1777	32	12	corporation	corporation	NOUN
cblr-1777	32	13	’	'	PUNCT
cblr-1777	32	14	lets	let	VERB
cblr-1777	32	15	directors	director	NOUN
cblr-1777	32	16	serve	serve	VERB
cblr-1777	32	17	three	three	NUM
cblr-1777	32	18	masters	master	NOUN
cblr-1777	32	19	instead	instead	ADV
cblr-1777	32	20	of	of	ADP
cblr-1777	32	21	one	one	NUM
cblr-1777	32	22	,	,	PUNCT
cblr-1777	32	23	forbes	forbes	PROPN
cblr-1777	32	24	(	(	PUNCT
cblr-1777	32	25	july	july	PROPN
cblr-1777	32	26	16	16	NUM
cblr-1777	32	27	,	,	PUNCT
cblr-1777	32	28	2013	2013	NUM
cblr-1777	32	29	,	,	PUNCT
cblr-1777	32	30	2:06	2:06	NUM
cblr-1777	32	31	pm	pm	NOUN
cblr-1777	32	32	)	)	PUNCT
cblr-1777	32	33	,	,	PUNCT
cblr-1777	32	34	http://www.forbes.com/sites/danielfisher/2013/07/16/delaware-publicbenefit-corporation-lets-directors-serve-three-masters-instead-of-one/.	http://www.forbes.com/sites/danielfisher/2013/07/16/delaware-publicbenefit-corporation-lets-directors-serve-three-masters-instead-of-one/.	VERB
cblr-1777	32	35	6	6	NUM
cblr-1777	32	36	mike	mike	PROPN
cblr-1777	32	37	hower	hower	NOUN
cblr-1777	32	38	,	,	PUNCT
cblr-1777	32	39	record	record	VERB
cblr-1777	32	40	17	17	NUM
cblr-1777	32	41	companies	company	NOUN
cblr-1777	32	42	register	register	VERB
cblr-1777	32	43	as	as	ADP
cblr-1777	32	44	delaware	delaware	PROPN
cblr-1777	32	45	’s	’s	PART
cblr-1777	32	46	first	first	ADJ
cblr-1777	32	47	benefit	benefit	NOUN
cblr-1777	32	48	corporations	corporation	NOUN
cblr-1777	32	49	,	,	PUNCT
cblr-1777	32	50	triple	triple	ADJ
cblr-1777	32	51	pundit	pundit	NOUN
cblr-1777	32	52	(	(	PUNCT
cblr-1777	32	53	aug	aug	PROPN
cblr-1777	32	54	.	.	PROPN
cblr-1777	32	55	5	5	NUM
cblr-1777	32	56	,	,	PUNCT
cblr-1777	32	57	2013	2013	NUM
cblr-1777	32	58	)	)	PUNCT
cblr-1777	32	59	,	,	PUNCT
cblr-1777	32	60	http://www.triplepundit.com/2013/08/delaware-benefit-corporations/.	http://www.triplepundit.com/2013/08/delaware-benefit-corporations/.	VERB
cblr-1777	32	61	7	7	NUM
cblr-1777	32	62	see	see	VERB
cblr-1777	32	63	i	i	PROPN
cblr-1777	32	64	d.	d.	PROPN
cblr-1777	32	65	8	8	NUM
cblr-1777	32	66	jack	jack	PROPN
cblr-1777	32	67	markell	markell	NOUN
cblr-1777	32	68	,	,	PUNCT
cblr-1777	32	69	a	a	DET
cblr-1777	32	70	new	new	ADJ
cblr-1777	32	71	kind	kind	NOUN
cblr-1777	32	72	of	of	ADP
cblr-1777	32	73	corporation	corporation	NOUN
cblr-1777	32	74	to	to	PART
cblr-1777	32	75	harness	harness	VERB
cblr-1777	32	76	the	the	DET
cblr-1777	32	77	power	power	NOUN
cblr-1777	32	78	of	of	ADP
cblr-1777	32	79	private	private	ADJ
cblr-1777	32	80	enterprise	enterprise	NOUN
cblr-1777	32	81	for	for	ADP
cblr-1777	32	82	public	public	ADJ
cblr-1777	32	83	benefit	benefit	NOUN
cblr-1777	32	84	,	,	PUNCT
cblr-1777	32	85	huffpost	huffpost	NOUN
cblr-1777	32	86	bus	bus	NOUN
cblr-1777	32	87	.	.	PUNCT
cblr-1777	33	1	(	(	PUNCT
cblr-1777	33	2	july	july	PROPN
cblr-1777	33	3	22	22	NUM
cblr-1777	33	4	,	,	PUNCT
cblr-1777	33	5	2013	2013	NUM
cblr-1777	33	6	,	,	PUNCT
cblr-1777	33	7	2:06	2:06	NUM
cblr-1777	33	8	pm	pm	NOUN
cblr-1777	33	9	)	)	PUNCT
cblr-1777	33	10	,	,	PUNCT
cblr-1777	33	11	http://www.huffingtonpost.com/gov-jack-markell/public-benefit-corpo	http://www.huffingtonpost.com/gov-jack-markell/public-benefit-corpo	PROPN
cblr-1777	33	12	ration_b_3635752.html	ration_b_3635752.html	ADJ
cblr-1777	33	13	.	.	PUNCT
cblr-1777	34	1	http://www/	http://www/	X
cblr-1777	35	1	leavy	leavy	PROPN
cblr-1777	35	2	final	final	PROPN
cblr-1777	35	3	4/27/2014	4/27/2014	NUM
cblr-1777	35	4	10:12	10:12	NUM
cblr-1777	35	5	pm	pm	NOUN
cblr-1777	35	6	466	466	NUM
cblr-1777	35	7	columbia	columbia	PROPN
cblr-1777	35	8	business	business	NOUN
cblr-1777	35	9	law	law	NOUN
cblr-1777	35	10	review	review	NOUN
cblr-1777	35	11	[	[	X
cblr-1777	35	12	vol	vol	NOUN
cblr-1777	35	13	.	.	PUNCT
cblr-1777	35	14	2014	2014	NUM
cblr-1777	35	15	shareholders	shareholder	NOUN
cblr-1777	35	16	against	against	ADP
cblr-1777	35	17	the	the	DET
cblr-1777	35	18	interests	interest	NOUN
cblr-1777	35	19	of	of	ADP
cblr-1777	35	20	other	other	ADJ
cblr-1777	35	21	stakeholders.9	stakeholders.9	PROPN
cblr-1777	35	22	while	while	SCONJ
cblr-1777	35	23	we	we	PRON
cblr-1777	35	24	can	can	AUX
cblr-1777	35	25	not	not	PART
cblr-1777	35	26	expect	expect	VERB
cblr-1777	35	27	to	to	PART
cblr-1777	35	28	see	see	VERB
cblr-1777	35	29	a	a	DET
cblr-1777	35	30	rapid	rapid	ADJ
cblr-1777	35	31	transformation	transformation	NOUN
cblr-1777	35	32	of	of	ADP
cblr-1777	35	33	existing	exist	VERB
cblr-1777	35	34	companies	company	NOUN
cblr-1777	35	35	from	from	ADP
cblr-1777	35	36	traditional	traditional	ADJ
cblr-1777	35	37	corporation	corporation	NOUN
cblr-1777	35	38	(	(	PUNCT
cblr-1777	35	39	“	"	PUNCT
cblr-1777	35	40	c	c	PROPN
cblr-1777	35	41	-	-	PUNCT
cblr-1777	35	42	corp	corp	NOUN
cblr-1777	35	43	”	"	PUNCT
cblr-1777	35	44	)	)	PUNCT
cblr-1777	35	45	to	to	PART
cblr-1777	35	46	benefit	benefit	VERB
cblr-1777	35	47	corporation	corporation	NOUN
cblr-1777	35	48	status	status	NOUN
cblr-1777	35	49	,	,	PUNCT
cblr-1777	35	50	we	we	PRON
cblr-1777	35	51	can	can	AUX
cblr-1777	35	52	expect	expect	VERB
cblr-1777	35	53	new	new	ADJ
cblr-1777	35	54	companies	company	NOUN
cblr-1777	35	55	to	to	PART
cblr-1777	35	56	incorporate	incorporate	VERB
cblr-1777	35	57	as	as	ADP
cblr-1777	35	58	such.10	such.10	VERB
cblr-1777	35	59	the	the	DET
cblr-1777	35	60	benefit	benefit	NOUN
cblr-1777	35	61	corporation	corporation	NOUN
cblr-1777	35	62	is	be	AUX
cblr-1777	35	63	not	not	PART
cblr-1777	35	64	the	the	DET
cblr-1777	35	65	first	first	ADJ
cblr-1777	35	66	type	type	NOUN
cblr-1777	35	67	of	of	ADP
cblr-1777	35	68	entity	entity	NOUN
cblr-1777	35	69	to	to	PART
cblr-1777	35	70	address	address	VERB
cblr-1777	35	71	demand	demand	NOUN
cblr-1777	35	72	for	for	ADP
cblr-1777	35	73	a	a	DET
cblr-1777	35	74	legal	legal	ADJ
cblr-1777	35	75	form	form	NOUN
cblr-1777	35	76	that	that	PRON
cblr-1777	35	77	facilitates	facilitate	VERB
cblr-1777	35	78	the	the	DET
cblr-1777	35	79	pursuit	pursuit	NOUN
cblr-1777	35	80	of	of	ADP
cblr-1777	35	81	both	both	CCONJ
cblr-1777	35	82	financial	financial	ADJ
cblr-1777	35	83	and	and	CCONJ
cblr-1777	35	84	social	social	ADJ
cblr-1777	35	85	ends	end	NOUN
cblr-1777	35	86	.	.	PUNCT
cblr-1777	36	1	the	the	DET
cblr-1777	36	2	low	low	ADJ
cblr-1777	36	3	-	-	PUNCT
cblr-1777	36	4	profit	profit	NOUN
cblr-1777	36	5	limited	limited	ADJ
cblr-1777	36	6	liability	liability	NOUN
cblr-1777	36	7	company	company	NOUN
cblr-1777	36	8	(	(	PUNCT
cblr-1777	36	9	“	"	PUNCT
cblr-1777	36	10	l3c	l3c	PROPN
cblr-1777	36	11	”	"	PUNCT
cblr-1777	36	12	)	)	PUNCT
cblr-1777	36	13	is	be	AUX
cblr-1777	36	14	a	a	DET
cblr-1777	36	15	modified	modify	VERB
cblr-1777	36	16	form	form	NOUN
cblr-1777	36	17	of	of	ADP
cblr-1777	36	18	the	the	DET
cblr-1777	36	19	llc11	llc11	NOUN
cblr-1777	36	20	that	that	PRON
cblr-1777	36	21	has	have	AUX
cblr-1777	36	22	been	be	AUX
cblr-1777	36	23	adopted	adopt	VERB
cblr-1777	36	24	in	in	ADP
cblr-1777	36	25	eight	eight	NUM
cblr-1777	36	26	states.12	states.12	NOUN
cblr-1777	36	27	additionally	additionally	ADV
cblr-1777	36	28	,	,	PUNCT
cblr-1777	36	29	in	in	ADP
cblr-1777	36	30	january	january	PROPN
cblr-1777	36	31	2012	2012	NUM
cblr-1777	36	32	,	,	PUNCT
cblr-1777	36	33	california	california	PROPN
cblr-1777	36	34	enacted	enact	VERB
cblr-1777	36	35	the	the	DET
cblr-1777	36	36	flexible	flexible	ADJ
cblr-1777	36	37	purpose	purpose	NOUN
cblr-1777	36	38	corporation	corporation	NOUN
cblr-1777	36	39	(	(	PUNCT
cblr-1777	36	40	“	"	PUNCT
cblr-1777	36	41	flex	flex	ADJ
cblr-1777	36	42	-	-	PUNCT
cblr-1777	36	43	c	c	NOUN
cblr-1777	36	44	”	"	PUNCT
cblr-1777	36	45	)	)	PUNCT
cblr-1777	36	46	,	,	PUNCT
cblr-1777	36	47	which	which	PRON
cblr-1777	36	48	allows	allow	VERB
cblr-1777	36	49	companies	company	NOUN
cblr-1777	36	50	to	to	PART
cblr-1777	36	51	assume	assume	VERB
cblr-1777	36	52	one	one	NUM
cblr-1777	36	53	or	or	CCONJ
cblr-1777	36	54	more	more	ADJ
cblr-1777	36	55	special	special	ADJ
cblr-1777	36	56	purposes	purpose	NOUN
cblr-1777	36	57	they	they	PRON
cblr-1777	36	58	consider	consider	VERB
cblr-1777	36	59	beneficial	beneficial	ADJ
cblr-1777	36	60	to	to	ADP
cblr-1777	36	61	society.13	society.13	VERB
cblr-1777	36	62	in	in	ADP
cblr-1777	36	63	june	june	PROPN
cblr-1777	36	64	2012	2012	NUM
cblr-1777	36	65	,	,	PUNCT
cblr-1777	36	66	washington	washington	PROPN
cblr-1777	36	67	enacted	enact	VERB
cblr-1777	36	68	a	a	DET
cblr-1777	36	69	similar	similar	ADJ
cblr-1777	36	70	form	form	NOUN
cblr-1777	36	71	,	,	PUNCT
cblr-1777	36	72	the	the	DET
cblr-1777	36	73	social	social	ADJ
cblr-1777	36	74	purpose	purpose	NOUN
cblr-1777	36	75	corporation	corporation	NOUN
cblr-1777	36	76	,	,	PUNCT
cblr-1777	36	77	which	which	PRON
cblr-1777	36	78	allows	allow	VERB
cblr-1777	36	79	companies	company	NOUN
cblr-1777	36	80	to	to	ADP
cblr-1777	36	81	9	9	NUM
cblr-1777	36	82	markell	markell	NOUN
cblr-1777	36	83	,	,	PUNCT
cblr-1777	36	84	supra	supra	PROPN
cblr-1777	36	85	note	note	NOUN
cblr-1777	36	86	8	8	NUM
cblr-1777	36	87	.	.	NOUN
cblr-1777	36	88	10	10	NUM
cblr-1777	36	89	under	under	ADP
cblr-1777	36	90	the	the	DET
cblr-1777	36	91	delaware	delaware	PROPN
cblr-1777	36	92	statute	statute	PROPN
cblr-1777	36	93	,	,	PUNCT
cblr-1777	36	94	ninety	ninety	NUM
cblr-1777	36	95	percent	percent	NOUN
cblr-1777	36	96	of	of	ADP
cblr-1777	36	97	shareholders	shareholder	NOUN
cblr-1777	36	98	must	must	AUX
cblr-1777	36	99	approve	approve	VERB
cblr-1777	36	100	a	a	DET
cblr-1777	36	101	shift	shift	NOUN
cblr-1777	36	102	to	to	ADP
cblr-1777	36	103	public	public	ADJ
cblr-1777	36	104	benefit	benefit	NOUN
cblr-1777	36	105	status	status	NOUN
cblr-1777	36	106	.	.	PUNCT
cblr-1777	37	1	see	see	VERB
cblr-1777	37	2	del	del	PROPN
cblr-1777	37	3	.	.	PROPN
cblr-1777	37	4	code	code	PROPN
cblr-1777	37	5	ann	ann	PROPN
cblr-1777	37	6	.	.	PUNCT
cblr-1777	38	1	tit	tit	PROPN
cblr-1777	38	2	.	.	PROPN
cblr-1777	39	1	8	8	NUM
cblr-1777	39	2	,	,	PUNCT
cblr-1777	39	3	§	§	PROPN
cblr-1777	39	4	363(a	363(a	NUM
cblr-1777	39	5	)	)	PUNCT
cblr-1777	39	6	(	(	PUNCT
cblr-1777	39	7	west	west	NOUN
cblr-1777	39	8	,	,	PUNCT
cblr-1777	39	9	westlaw	westlaw	NOUN
cblr-1777	39	10	through	through	ADP
cblr-1777	39	11	2014	2014	NUM
cblr-1777	39	12	no	no	NOUN
cblr-1777	39	13	.	.	NOUN
cblr-1777	39	14	95	95	NUM
cblr-1777	39	15	)	)	PUNCT
cblr-1777	39	16	;	;	PUNCT
cblr-1777	40	1	cf	cf	X
cblr-1777	40	2	.	.	PUNCT
cblr-1777	41	1	kyle	kyle	PROPN
cblr-1777	41	2	westaway	westaway	PROPN
cblr-1777	41	3	,	,	PUNCT
cblr-1777	41	4	benefit	benefit	NOUN
cblr-1777	41	5	corporations	corporation	NOUN
cblr-1777	41	6	:	:	PUNCT
cblr-1777	41	7	can	can	AUX
cblr-1777	41	8	investors	investor	NOUN
cblr-1777	41	9	have	have	VERB
cblr-1777	41	10	their	their	PRON
cblr-1777	41	11	cake	cake	NOUN
cblr-1777	41	12	and	and	CCONJ
cblr-1777	41	13	eat	eat	VERB
cblr-1777	41	14	it	it	PRON
cblr-1777	41	15	?	?	PUNCT
cblr-1777	41	16	,	,	PUNCT
cblr-1777	41	17	guardian	guardian	PROPN
cblr-1777	41	18	prof	prof	NOUN
cblr-1777	41	19	.	.	PUNCT
cblr-1777	42	1	(	(	PUNCT
cblr-1777	42	2	aug	aug	PROPN
cblr-1777	42	3	.	.	PROPN
cblr-1777	42	4	14	14	NUM
cblr-1777	42	5	,	,	PUNCT
cblr-1777	42	6	2013	2013	NUM
cblr-1777	42	7	,	,	PUNCT
cblr-1777	42	8	1:21	1:21	NUM
cblr-1777	42	9	pm	pm	NOUN
cblr-1777	42	10	)	)	PUNCT
cblr-1777	42	11	,	,	PUNCT
cblr-1777	42	12	http://www.theguardian.com/sustainablebusiness/benefit-corporations-sustainability-investors	http://www.theguardian.com/sustainablebusiness/benefit-corporations-sustainability-investor	NOUN
cblr-1777	42	13	(	(	PUNCT
cblr-1777	42	14	noting	note	VERB
cblr-1777	42	15	skepticism	skepticism	NOUN
cblr-1777	42	16	on	on	ADP
cblr-1777	42	17	the	the	DET
cblr-1777	42	18	part	part	NOUN
cblr-1777	42	19	of	of	ADP
cblr-1777	42	20	some	some	DET
cblr-1777	42	21	investors	investor	NOUN
cblr-1777	42	22	who	who	PRON
cblr-1777	42	23	believe	believe	VERB
cblr-1777	42	24	it	it	PRON
cblr-1777	42	25	is	be	AUX
cblr-1777	42	26	difficult	difficult	ADJ
cblr-1777	42	27	to	to	PART
cblr-1777	42	28	successfully	successfully	ADV
cblr-1777	42	29	pursue	pursue	VERB
cblr-1777	42	30	both	both	DET
cblr-1777	42	31	profit	profit	NOUN
cblr-1777	42	32	and	and	CCONJ
cblr-1777	42	33	purpose	purpose	NOUN
cblr-1777	42	34	)	)	PUNCT
cblr-1777	42	35	.	.	PUNCT
cblr-1777	43	1	11	11	NUM
cblr-1777	44	1	the	the	DET
cblr-1777	44	2	primary	primary	ADJ
cblr-1777	44	3	aim	aim	NOUN
cblr-1777	44	4	of	of	ADP
cblr-1777	44	5	the	the	DET
cblr-1777	44	6	l3c	l3c	NOUN
cblr-1777	44	7	is	be	AUX
cblr-1777	44	8	to	to	PART
cblr-1777	44	9	attract	attract	VERB
cblr-1777	44	10	program	program	NOUN
cblr-1777	44	11	-	-	PUNCT
cblr-1777	44	12	related	relate	VERB
cblr-1777	44	13	investments	investment	NOUN
cblr-1777	44	14	(	(	PUNCT
cblr-1777	44	15	“	"	PUNCT
cblr-1777	44	16	pris	pris	X
cblr-1777	44	17	”	"	PUNCT
cblr-1777	44	18	)	)	PUNCT
cblr-1777	44	19	from	from	ADP
cblr-1777	44	20	both	both	CCONJ
cblr-1777	44	21	the	the	DET
cblr-1777	44	22	private	private	ADJ
cblr-1777	44	23	and	and	CCONJ
cblr-1777	44	24	public	public	ADJ
cblr-1777	44	25	sectors	sector	NOUN
cblr-1777	44	26	by	by	ADP
cblr-1777	44	27	taking	take	VERB
cblr-1777	44	28	advantage	advantage	NOUN
cblr-1777	44	29	of	of	ADP
cblr-1777	44	30	the	the	DET
cblr-1777	44	31	tax	tax	NOUN
cblr-1777	44	32	benefits	benefit	NOUN
cblr-1777	44	33	already	already	ADV
cblr-1777	44	34	granted	grant	VERB
cblr-1777	44	35	to	to	PART
cblr-1777	44	36	pris	pris	VERB
cblr-1777	44	37	.	.	PUNCT
cblr-1777	45	1	see	see	VERB
cblr-1777	45	2	edward	edward	PROPN
cblr-1777	45	3	xia	xia	PROPN
cblr-1777	45	4	,	,	PUNCT
cblr-1777	45	5	note	note	VERB
cblr-1777	45	6	,	,	PUNCT
cblr-1777	45	7	can	can	AUX
cblr-1777	45	8	the	the	DET
cblr-1777	45	9	l3c	l3c	NOUN
cblr-1777	45	10	spur	spur	VERB
cblr-1777	45	11	private	private	ADJ
cblr-1777	45	12	foundation	foundation	NOUN
cblr-1777	45	13	program	program	NOUN
cblr-1777	45	14	-	-	PUNCT
cblr-1777	45	15	related	relate	VERB
cblr-1777	45	16	investment	investment	NOUN
cblr-1777	45	17	?	?	PUNCT
cblr-1777	45	18	,	,	PUNCT
cblr-1777	45	19	2013	2013	NUM
cblr-1777	45	20	colum	colum	NOUN
cblr-1777	45	21	.	.	PUNCT
cblr-1777	46	1	bus	bus	NOUN
cblr-1777	46	2	.	.	PUNCT
cblr-1777	47	1	l.	l.	PROPN
cblr-1777	47	2	rev	rev	PROPN
cblr-1777	47	3	.	.	PROPN
cblr-1777	47	4	242	242	NUM
cblr-1777	47	5	,	,	PUNCT
cblr-1777	47	6	244	244	NUM
cblr-1777	47	7	(	(	PUNCT
cblr-1777	47	8	2013	2013	NUM
cblr-1777	47	9	)	)	PUNCT
cblr-1777	47	10	.	.	PUNCT
cblr-1777	48	1	see	see	VERB
cblr-1777	48	2	also	also	ADV
cblr-1777	48	3	26	26	NUM
cblr-1777	48	4	u.s.c	u.s.c	ADJ
cblr-1777	48	5	.	.	PUNCT
cblr-1777	49	1	§	§	PROPN
cblr-1777	49	2	4944(c	4944(c	PROPN
cblr-1777	49	3	)	)	PUNCT
cblr-1777	49	4	(	(	PUNCT
cblr-1777	49	5	2012	2012	NUM
cblr-1777	49	6	)	)	PUNCT
cblr-1777	49	7	.	.	PUNCT
cblr-1777	50	1	12	12	NUM
cblr-1777	50	2	see	see	VERB
cblr-1777	50	3	cass	cass	PROPN
cblr-1777	50	4	brewer	brewer	PROPN
cblr-1777	50	5	,	,	PUNCT
cblr-1777	50	6	hybrid	hybrid	ADJ
cblr-1777	50	7	business	business	NOUN
cblr-1777	50	8	entities	entity	NOUN
cblr-1777	50	9	in	in	ADP
cblr-1777	50	10	2014	2014	NUM
cblr-1777	50	11	,	,	PUNCT
cblr-1777	50	12	socentlaw	socentlaw	NOUN
cblr-1777	50	13	(	(	PUNCT
cblr-1777	50	14	jan	jan	PROPN
cblr-1777	50	15	.	.	PROPN
cblr-1777	50	16	6	6	NUM
cblr-1777	50	17	,	,	PUNCT
cblr-1777	50	18	2014	2014	NUM
cblr-1777	50	19	)	)	PUNCT
cblr-1777	50	20	,	,	PUNCT
cblr-1777	50	21	http://socentlaw.com/2014/01/hybrid-business-entities-in2014/.	http://socentlaw.com/2014/01/hybrid-business-entities-in2014/.	NOUN
cblr-1777	50	22	13	13	NUM
cblr-1777	50	23	like	like	ADP
cblr-1777	50	24	the	the	DET
cblr-1777	50	25	benefit	benefit	NOUN
cblr-1777	50	26	corporation	corporation	NOUN
cblr-1777	50	27	,	,	PUNCT
cblr-1777	50	28	the	the	DET
cblr-1777	50	29	flex	flex	ADJ
cblr-1777	50	30	-	-	PUNCT
cblr-1777	50	31	c	c	NOUN
cblr-1777	50	32	permits	permit	VERB
cblr-1777	50	33	directors	director	NOUN
cblr-1777	50	34	to	to	PART
cblr-1777	50	35	consider	consider	VERB
cblr-1777	50	36	objectives	objective	NOUN
cblr-1777	50	37	other	other	ADJ
cblr-1777	50	38	than	than	ADP
cblr-1777	50	39	the	the	DET
cblr-1777	50	40	maximization	maximization	NOUN
cblr-1777	50	41	of	of	ADP
cblr-1777	50	42	shareholder	shareholder	NOUN
cblr-1777	50	43	profit	profit	NOUN
cblr-1777	50	44	—	—	PUNCT
cblr-1777	50	45	objectives	objective	NOUN
cblr-1777	50	46	that	that	PRON
cblr-1777	50	47	often	often	ADV
cblr-1777	50	48	become	become	VERB
cblr-1777	50	49	the	the	DET
cblr-1777	50	50	dominant	dominant	ADJ
cblr-1777	50	51	consideration	consideration	NOUN
cblr-1777	50	52	.	.	PUNCT
cblr-1777	51	1	deborah	deborah	PROPN
cblr-1777	51	2	sweeney	sweeney	PROPN
cblr-1777	51	3	,	,	PUNCT
cblr-1777	51	4	the	the	DET
cblr-1777	51	5	good	good	NOUN
cblr-1777	51	6	of	of	ADP
cblr-1777	51	7	flexible	flexible	ADJ
cblr-1777	51	8	purpose	purpose	NOUN
cblr-1777	51	9	corporations	corporation	NOUN
cblr-1777	51	10	,	,	PUNCT
cblr-1777	51	11	triple	triple	ADJ
cblr-1777	51	12	pundit	pundit	NOUN
cblr-1777	51	13	(	(	PUNCT
cblr-1777	51	14	nov	nov	PROPN
cblr-1777	51	15	.	.	PROPN
cblr-1777	51	16	12	12	NUM
cblr-1777	51	17	,	,	PUNCT
cblr-1777	51	18	2012	2012	NUM
cblr-1777	51	19	)	)	PUNCT
cblr-1777	51	20	,	,	PUNCT
cblr-1777	51	21	http://www.triplepundit.com/2012/11/good-flexible-purposecorporations/.	http://www.triplepundit.com/2012/11/good-flexible-purposecorporations/.	NOUN
cblr-1777	51	22	leavy	leavy	PROPN
cblr-1777	51	23	final	final	NOUN
cblr-1777	51	24	4/27/2014	4/27/2014	NUM
cblr-1777	51	25	10:12	10:12	NUM
cblr-1777	51	26	pm	pm	NOUN
cblr-1777	51	27	no	no	INTJ
cblr-1777	51	28	.	.	PUNCT
cblr-1777	52	1	2:463	2:463	NUM
cblr-1777	52	2	]	]	PUNCT
cblr-1777	52	3	necessity	necessity	NOUN
cblr-1777	52	4	is	be	AUX
cblr-1777	52	5	the	the	DET
cblr-1777	52	6	mother	mother	NOUN
cblr-1777	52	7	of	of	ADP
cblr-1777	52	8	invention	invention	NOUN
cblr-1777	52	9	467	467	NUM
cblr-1777	52	10	pursue	pursue	NOUN
cblr-1777	52	11	profits	profit	NOUN
cblr-1777	52	12	along	along	ADP
cblr-1777	52	13	with	with	ADP
cblr-1777	52	14	general	general	ADJ
cblr-1777	52	15	and	and	CCONJ
cblr-1777	52	16	specific	specific	ADJ
cblr-1777	52	17	social	social	ADJ
cblr-1777	52	18	goals	goal	NOUN
cblr-1777	52	19	of	of	ADP
cblr-1777	52	20	their	their	PRON
cblr-1777	52	21	choice.14	choice.14	NOUN
cblr-1777	52	22	notwithstanding	notwithstanding	ADP
cblr-1777	52	23	these	these	DET
cblr-1777	52	24	developments	development	NOUN
cblr-1777	52	25	,	,	PUNCT
cblr-1777	52	26	the	the	DET
cblr-1777	52	27	benefit	benefit	NOUN
cblr-1777	52	28	corporation	corporation	NOUN
cblr-1777	52	29	is	be	AUX
cblr-1777	52	30	the	the	DET
cblr-1777	52	31	most	most	ADV
cblr-1777	52	32	popular	popular	ADJ
cblr-1777	52	33	of	of	ADP
cblr-1777	52	34	these	these	DET
cblr-1777	52	35	hybrid	hybrid	ADJ
cblr-1777	52	36	forms	form	NOUN
cblr-1777	52	37	.	.	PUNCT
cblr-1777	53	1	in	in	ADP
cblr-1777	53	2	addition	addition	NOUN
cblr-1777	53	3	to	to	ADP
cblr-1777	53	4	the	the	DET
cblr-1777	53	5	nineteen	nineteen	NUM
cblr-1777	53	6	aforementioned	aforementioned	ADJ
cblr-1777	53	7	states	state	NOUN
cblr-1777	53	8	that	that	PRON
cblr-1777	53	9	have	have	AUX
cblr-1777	53	10	already	already	ADV
cblr-1777	53	11	passed	pass	VERB
cblr-1777	53	12	b	b	PROPN
cblr-1777	53	13	-	-	PUNCT
cblr-1777	53	14	corp	corp	NOUN
cblr-1777	53	15	legislation	legislation	NOUN
cblr-1777	53	16	,	,	PUNCT
cblr-1777	53	17	fifteen	fifteen	NUM
cblr-1777	53	18	have	have	VERB
cblr-1777	53	19	legislation	legislation	NOUN
cblr-1777	53	20	currently	currently	ADV
cblr-1777	53	21	pending.15	pending.15	VERB
cblr-1777	53	22	however	however	ADV
cblr-1777	53	23	,	,	PUNCT
cblr-1777	53	24	many	many	ADJ
cblr-1777	53	25	critics	critic	NOUN
cblr-1777	53	26	have	have	AUX
cblr-1777	53	27	questioned	question	VERB
cblr-1777	53	28	whether	whether	SCONJ
cblr-1777	53	29	the	the	DET
cblr-1777	53	30	current	current	ADJ
cblr-1777	53	31	b	b	PROPN
cblr-1777	53	32	-	-	PUNCT
cblr-1777	53	33	corp	corp	PROPN
cblr-1777	53	34	statutes	statute	NOUN
cblr-1777	53	35	are	be	AUX
cblr-1777	53	36	sufficiently	sufficiently	ADV
cblr-1777	53	37	detailed	detailed	ADJ
cblr-1777	53	38	to	to	PART
cblr-1777	53	39	ensure	ensure	VERB
cblr-1777	53	40	the	the	DET
cblr-1777	53	41	legitimacy	legitimacy	NOUN
cblr-1777	53	42	of	of	ADP
cblr-1777	53	43	the	the	DET
cblr-1777	53	44	corporate	corporate	ADJ
cblr-1777	53	45	form	form	NOUN
cblr-1777	53	46	.	.	PUNCT
cblr-1777	54	1	they	they	PRON
cblr-1777	54	2	point	point	VERB
cblr-1777	54	3	to	to	ADP
cblr-1777	54	4	the	the	DET
cblr-1777	54	5	benefit	benefit	NOUN
cblr-1777	54	6	disclosure	disclosure	NOUN
cblr-1777	54	7	regimes	regime	NOUN
cblr-1777	54	8	required	require	VERB
cblr-1777	54	9	by	by	ADP
cblr-1777	54	10	all	all	PRON
cblr-1777	54	11	of	of	ADP
cblr-1777	54	12	the	the	DET
cblr-1777	54	13	statutes	statute	NOUN
cblr-1777	54	14	and	and	CCONJ
cblr-1777	54	15	argue	argue	VERB
cblr-1777	54	16	that	that	SCONJ
cblr-1777	54	17	,	,	PUNCT
cblr-1777	54	18	in	in	ADP
cblr-1777	54	19	allowing	allow	VERB
cblr-1777	54	20	directors	director	NOUN
cblr-1777	54	21	to	to	PART
cblr-1777	54	22	determine	determine	VERB
cblr-1777	54	23	the	the	DET
cblr-1777	54	24	content	content	NOUN
cblr-1777	54	25	and	and	CCONJ
cblr-1777	54	26	the	the	DET
cblr-1777	54	27	breadth	breadth	NOUN
cblr-1777	54	28	of	of	ADP
cblr-1777	54	29	the	the	DET
cblr-1777	54	30	so	so	ADV
cblr-1777	54	31	-	-	PUNCT
cblr-1777	54	32	called	call	VERB
cblr-1777	54	33	“	"	PUNCT
cblr-1777	54	34	annual	annual	ADJ
cblr-1777	54	35	benefit	benefit	NOUN
cblr-1777	54	36	reports	report	NOUN
cblr-1777	54	37	,	,	PUNCT
cblr-1777	54	38	”	"	PUNCT
cblr-1777	54	39	the	the	DET
cblr-1777	54	40	statutes	statute	NOUN
cblr-1777	54	41	do	do	AUX
cblr-1777	54	42	not	not	PART
cblr-1777	54	43	contain	contain	VERB
cblr-1777	54	44	measures	measure	NOUN
cblr-1777	54	45	to	to	PART
cblr-1777	54	46	ensure	ensure	VERB
cblr-1777	54	47	that	that	SCONJ
cblr-1777	54	48	the	the	DET
cblr-1777	54	49	reporting	reporting	NOUN
cblr-1777	54	50	is	be	AUX
cblr-1777	54	51	accurate.16	accurate.16	ADJ
cblr-1777	54	52	while	while	SCONJ
cblr-1777	54	53	some	some	DET
cblr-1777	54	54	statutes	statute	NOUN
cblr-1777	54	55	require	require	VERB
cblr-1777	54	56	the	the	DET
cblr-1777	54	57	use	use	NOUN
cblr-1777	54	58	of	of	ADP
cblr-1777	54	59	a	a	DET
cblr-1777	54	60	third	third	ADJ
cblr-1777	54	61	-	-	PUNCT
cblr-1777	54	62	party	party	NOUN
cblr-1777	54	63	standard17	standard17	NOUN
cblr-1777	54	64	and	and	CCONJ
cblr-1777	54	65	others	other	NOUN
cblr-1777	54	66	do	do	AUX
cblr-1777	54	67	not	not	PART
cblr-1777	54	68	,	,	PUNCT
cblr-1777	54	69	directors	director	NOUN
cblr-1777	54	70	may	may	AUX
cblr-1777	54	71	select	select	VERB
cblr-1777	54	72	and	and	CCONJ
cblr-1777	54	73	implement	implement	VERB
cblr-1777	54	74	the	the	DET
cblr-1777	54	75	standard	standard	NOUN
cblr-1777	54	76	in	in	ADP
cblr-1777	54	77	ways	way	NOUN
cblr-1777	54	78	that	that	PRON
cblr-1777	54	79	frustrate	frustrate	VERB
cblr-1777	54	80	its	its	PRON
cblr-1777	54	81	purpose	purpose	NOUN
cblr-1777	54	82	.	.	PUNCT
cblr-1777	55	1	the	the	DET
cblr-1777	55	2	selection	selection	NOUN
cblr-1777	55	3	and	and	CCONJ
cblr-1777	55	4	use	use	NOUN
cblr-1777	55	5	of	of	ADP
cblr-1777	55	6	the	the	DET
cblr-1777	55	7	standard	standard	NOUN
cblr-1777	55	8	can	can	AUX
cblr-1777	55	9	be	be	AUX
cblr-1777	55	10	problematic.18	problematic.18	VERB
cblr-1777	55	11	this	this	DET
cblr-1777	55	12	note	note	NOUN
cblr-1777	55	13	adopts	adopt	VERB
cblr-1777	55	14	the	the	DET
cblr-1777	55	15	critics	critic	NOUN
cblr-1777	55	16	’	’	PART
cblr-1777	55	17	position	position	NOUN
cblr-1777	55	18	and	and	CCONJ
cblr-1777	55	19	suggests	suggest	VERB
cblr-1777	55	20	that	that	SCONJ
cblr-1777	55	21	a	a	DET
cblr-1777	55	22	centralized	centralized	ADJ
cblr-1777	55	23	disclosure	disclosure	NOUN
cblr-1777	55	24	regime	regime	NOUN
cblr-1777	55	25	is	be	AUX
cblr-1777	55	26	necessary	necessary	ADJ
cblr-1777	55	27	to	to	PART
cblr-1777	55	28	safeguard	safeguard	VERB
cblr-1777	55	29	both	both	DET
cblr-1777	55	30	the	the	DET
cblr-1777	55	31	accuracy	accuracy	NOUN
cblr-1777	55	32	of	of	ADP
cblr-1777	55	33	annual	annual	ADJ
cblr-1777	55	34	benefit	benefit	NOUN
cblr-1777	55	35	reports	report	NOUN
cblr-1777	55	36	and	and	CCONJ
cblr-1777	55	37	the	the	DET
cblr-1777	55	38	accountability	accountability	NOUN
cblr-1777	55	39	of	of	ADP
cblr-1777	55	40	b	b	PROPN
cblr-1777	55	41	-	-	PUNCT
cblr-1777	55	42	corp	corp	PROPN
cblr-1777	55	43	directors	director	NOUN
cblr-1777	55	44	.	.	PUNCT
cblr-1777	56	1	this	this	DET
cblr-1777	56	2	note	note	NOUN
cblr-1777	56	3	also	also	ADV
cblr-1777	56	4	reasons	reason	VERB
cblr-1777	56	5	that	that	PRON
cblr-1777	56	6	,	,	PUNCT
cblr-1777	56	7	in	in	ADP
cblr-1777	56	8	light	light	NOUN
cblr-1777	56	9	of	of	ADP
cblr-1777	56	10	the	the	DET
cblr-1777	56	11	recent	recent	ADJ
cblr-1777	56	12	delaware	delaware	PROPN
cblr-1777	56	13	legislation	legislation	NOUN
cblr-1777	56	14	,	,	PUNCT
cblr-1777	56	15	some	some	DET
cblr-1777	56	16	b	b	NOUN
cblr-1777	56	17	-	-	PUNCT
cblr-1777	56	18	corps	corps	NOUN
cblr-1777	56	19	will	will	AUX
cblr-1777	56	20	become	become	VERB
cblr-1777	56	21	public	public	ADJ
cblr-1777	56	22	14	14	NUM
cblr-1777	56	23	see	see	VERB
cblr-1777	56	24	what	what	PRON
cblr-1777	56	25	are	be	AUX
cblr-1777	56	26	spcs	spc	NOUN
cblr-1777	56	27	?	?	PUNCT
cblr-1777	56	28	,	,	PUNCT
cblr-1777	56	29	spcwa	spcwa	NOUN
cblr-1777	56	30	,	,	PUNCT
cblr-1777	56	31	http://www.spcwa.com/what-are-spcs/	http://www.spcwa.com/what-are-spcs/	PROPN
cblr-1777	56	32	(	(	PUNCT
cblr-1777	56	33	last	last	ADJ
cblr-1777	56	34	visited	visit	VERB
cblr-1777	56	35	apr	apr	NOUN
cblr-1777	56	36	.	.	PROPN
cblr-1777	56	37	23	23	NUM
cblr-1777	56	38	,	,	PUNCT
cblr-1777	56	39	2014	2014	NUM
cblr-1777	56	40	)	)	PUNCT
cblr-1777	56	41	.	.	PUNCT
cblr-1777	57	1	15	15	NUM
cblr-1777	57	2	state	state	NOUN
cblr-1777	57	3	by	by	ADP
cblr-1777	57	4	state	state	NOUN
cblr-1777	57	5	legislative	legislative	ADJ
cblr-1777	57	6	status	status	NOUN
cblr-1777	57	7	,	,	PUNCT
cblr-1777	57	8	supra	supra	PROPN
cblr-1777	57	9	note	note	NOUN
cblr-1777	57	10	1	1	NUM
cblr-1777	57	11	.	.	X
cblr-1777	57	12	16	16	NUM
cblr-1777	57	13	see	see	VERB
cblr-1777	57	14	esposito	esposito	PROPN
cblr-1777	57	15	,	,	PUNCT
cblr-1777	57	16	supra	supra	PROPN
cblr-1777	57	17	note	note	NOUN
cblr-1777	57	18	2	2	NUM
cblr-1777	57	19	,	,	PUNCT
cblr-1777	57	20	at	at	ADP
cblr-1777	57	21	701–02	701–02	NUM
cblr-1777	57	22	;	;	PUNCT
cblr-1777	57	23	steven	steven	PROPN
cblr-1777	57	24	munch	munch	PROPN
cblr-1777	57	25	,	,	PUNCT
cblr-1777	57	26	note	note	VERB
cblr-1777	57	27	,	,	PUNCT
cblr-1777	57	28	improving	improve	VERB
cblr-1777	57	29	the	the	DET
cblr-1777	57	30	benefit	benefit	NOUN
cblr-1777	57	31	corporation	corporation	NOUN
cblr-1777	57	32	:	:	PUNCT
cblr-1777	57	33	how	how	SCONJ
cblr-1777	57	34	traditional	traditional	ADJ
cblr-1777	57	35	governance	governance	NOUN
cblr-1777	57	36	mechanisms	mechanism	NOUN
cblr-1777	57	37	can	can	AUX
cblr-1777	57	38	enhance	enhance	VERB
cblr-1777	57	39	the	the	DET
cblr-1777	57	40	innovative	innovative	ADJ
cblr-1777	57	41	new	new	ADJ
cblr-1777	57	42	business	business	NOUN
cblr-1777	57	43	form	form	NOUN
cblr-1777	57	44	,	,	PUNCT
cblr-1777	57	45	7	7	NUM
cblr-1777	57	46	nw	nw	PROPN
cblr-1777	57	47	.	.	PROPN
cblr-1777	57	48	j.l	j.l	PROPN
cblr-1777	57	49	.	.	PROPN
cblr-1777	57	50	&	&	CCONJ
cblr-1777	57	51	soc	soc	PROPN
cblr-1777	57	52	.	.	PUNCT
cblr-1777	58	1	pol’y	pol’y	NOUN
cblr-1777	58	2	170	170	NUM
cblr-1777	58	3	,	,	PUNCT
cblr-1777	58	4	194	194	NUM
cblr-1777	58	5	(	(	PUNCT
cblr-1777	58	6	2012	2012	NUM
cblr-1777	58	7	)	)	PUNCT
cblr-1777	58	8	.	.	PUNCT
cblr-1777	59	1	17	17	NUM
cblr-1777	59	2	a	a	DET
cblr-1777	59	3	third	third	ADJ
cblr-1777	59	4	-	-	PUNCT
cblr-1777	59	5	party	party	NOUN
cblr-1777	59	6	standard	standard	NOUN
cblr-1777	59	7	is	be	AUX
cblr-1777	59	8	defined	define	VERB
cblr-1777	59	9	as	as	ADP
cblr-1777	59	10	“	"	PUNCT
cblr-1777	59	11	a	a	DET
cblr-1777	59	12	standard	standard	NOUN
cblr-1777	59	13	for	for	ADP
cblr-1777	59	14	defining	define	VERB
cblr-1777	59	15	,	,	PUNCT
cblr-1777	59	16	reporting	reporting	NOUN
cblr-1777	59	17	,	,	PUNCT
cblr-1777	59	18	and	and	CCONJ
cblr-1777	59	19	assessing	assess	VERB
cblr-1777	59	20	overall	overall	ADJ
cblr-1777	59	21	corporate	corporate	ADJ
cblr-1777	59	22	social	social	ADJ
cblr-1777	59	23	and	and	CCONJ
cblr-1777	59	24	environmental	environmental	ADJ
cblr-1777	59	25	performance	performance	NOUN
cblr-1777	59	26	.	.	PUNCT
cblr-1777	59	27	”	"	PUNCT
cblr-1777	60	1	how	how	SCONJ
cblr-1777	60	2	do	do	AUX
cblr-1777	60	3	i	i	PRON
cblr-1777	60	4	select	select	VERB
cblr-1777	60	5	a	a	DET
cblr-1777	60	6	third	third	ADJ
cblr-1777	60	7	party	party	NOUN
cblr-1777	60	8	standard	standard	NOUN
cblr-1777	60	9	?	?	PUNCT
cblr-1777	60	10	,	,	PUNCT
cblr-1777	60	11	benefit	benefit	PROPN
cblr-1777	60	12	corp	corp	PROPN
cblr-1777	60	13	info	info	PROPN
cblr-1777	60	14	.	.	PUNCT
cblr-1777	61	1	ctr	ctr	PROPN
cblr-1777	61	2	.	.	PROPN
cblr-1777	61	3	,	,	PUNCT
cblr-1777	61	4	http://benefitcorp.net/third-party-standards	http://benefitcorp.net/third-party-standard	NOUN
cblr-1777	61	5	(	(	PUNCT
cblr-1777	61	6	last	last	ADJ
cblr-1777	61	7	visited	visit	VERB
cblr-1777	61	8	apr	apr	NOUN
cblr-1777	61	9	.	.	PROPN
cblr-1777	61	10	23	23	NUM
cblr-1777	61	11	,	,	PUNCT
cblr-1777	61	12	2014	2014	NUM
cblr-1777	61	13	)	)	PUNCT
cblr-1777	61	14	.	.	PUNCT
cblr-1777	62	1	see	see	VERB
cblr-1777	62	2	infra	infra	NOUN
cblr-1777	62	3	note	note	VERB
cblr-1777	62	4	137	137	NUM
cblr-1777	62	5	for	for	ADP
cblr-1777	62	6	examples	example	NOUN
cblr-1777	62	7	of	of	ADP
cblr-1777	62	8	particular	particular	ADJ
cblr-1777	62	9	state	state	NOUN
cblr-1777	62	10	statutes	statute	NOUN
cblr-1777	62	11	.	.	PUNCT
cblr-1777	63	1	18	18	NUM
cblr-1777	63	2	see	see	VERB
cblr-1777	63	3	katherine	katherine	PROPN
cblr-1777	63	4	r.	r.	PROPN
cblr-1777	63	5	lofft	lofft	PROPN
cblr-1777	63	6	,	,	PUNCT
cblr-1777	63	7	purvi	purvi	PROPN
cblr-1777	63	8	b.	b.	PROPN
cblr-1777	63	9	maniar	maniar	PROPN
cblr-1777	63	10	&	&	CCONJ
cblr-1777	63	11	tamar	tamar	PROPN
cblr-1777	63	12	r.	r.	PROPN
cblr-1777	63	13	rosenberg	rosenberg	PROPN
cblr-1777	63	14	,	,	PUNCT
cblr-1777	63	15	are	be	AUX
cblr-1777	63	16	hybrids	hybrid	NOUN
cblr-1777	63	17	really	really	ADV
cblr-1777	63	18	more	more	ADV
cblr-1777	63	19	efficient	efficient	ADJ
cblr-1777	63	20	?	?	PUNCT
cblr-1777	64	1	a	a	DET
cblr-1777	64	2	‘	'	PUNCT
cblr-1777	64	3	drive	drive	NOUN
cblr-1777	64	4	-	-	PUNCT
cblr-1777	64	5	by	by	NOUN
cblr-1777	64	6	’	'	PUNCT
cblr-1777	64	7	analysis	analysis	NOUN
cblr-1777	64	8	of	of	ADP
cblr-1777	64	9	alternative	alternative	ADJ
cblr-1777	64	10	company	company	NOUN
cblr-1777	64	11	structures	structure	NOUN
cblr-1777	64	12	,	,	PUNCT
cblr-1777	64	13	bus	bus	NOUN
cblr-1777	64	14	.	.	PUNCT
cblr-1777	65	1	l.	l.	PROPN
cblr-1777	65	2	today	today	NOUN
cblr-1777	65	3	,	,	PUNCT
cblr-1777	65	4	sept	sept	PROPN
cblr-1777	65	5	.	.	PROPN
cblr-1777	65	6	2012	2012	NUM
cblr-1777	65	7	,	,	PUNCT
cblr-1777	65	8	at	at	ADP
cblr-1777	65	9	1	1	NUM
cblr-1777	65	10	,	,	PUNCT
cblr-1777	65	11	2–3	2–3	PROPN
cblr-1777	65	12	.	.	PUNCT
cblr-1777	65	13	leavy	leavy	PROPN
cblr-1777	65	14	final	final	PROPN
cblr-1777	65	15	4/27/2014	4/27/2014	NUM
cblr-1777	65	16	10:12	10:12	NUM
cblr-1777	65	17	pm	pm	NOUN
cblr-1777	65	18	468	468	NUM
cblr-1777	65	19	columbia	columbia	PROPN
cblr-1777	65	20	business	business	NOUN
cblr-1777	65	21	law	law	PROPN
cblr-1777	65	22	review	review	NOUN
cblr-1777	66	1	[	[	X
cblr-1777	66	2	vol	vol	NOUN
cblr-1777	66	3	.	.	PUNCT
cblr-1777	66	4	2014	2014	NUM
cblr-1777	66	5	companies.19	companies.19	NOUN
cblr-1777	66	6	as	as	ADP
cblr-1777	66	7	such	such	ADJ
cblr-1777	66	8	,	,	PUNCT
cblr-1777	66	9	the	the	DET
cblr-1777	66	10	securities	securities	PROPN
cblr-1777	66	11	and	and	CCONJ
cblr-1777	66	12	exchange	exchange	PROPN
cblr-1777	66	13	commission	commission	PROPN
cblr-1777	66	14	(	(	PUNCT
cblr-1777	66	15	“	"	PUNCT
cblr-1777	66	16	sec	sec	PROPN
cblr-1777	66	17	”	"	PUNCT
cblr-1777	66	18	)	)	PUNCT
cblr-1777	66	19	should	should	AUX
cblr-1777	66	20	amend	amend	VERB
cblr-1777	66	21	its	its	PRON
cblr-1777	66	22	proxy	proxy	ADJ
cblr-1777	66	23	disclosure	disclosure	NOUN
cblr-1777	66	24	and	and	CCONJ
cblr-1777	66	25	periodic	periodic	ADJ
cblr-1777	66	26	reporting	reporting	NOUN
cblr-1777	66	27	rules	rule	NOUN
cblr-1777	66	28	to	to	PART
cblr-1777	66	29	ensure	ensure	VERB
cblr-1777	66	30	that	that	SCONJ
cblr-1777	66	31	registrants	registrant	NOUN
cblr-1777	66	32	incorporated	incorporate	VERB
cblr-1777	66	33	under	under	ADP
cblr-1777	66	34	benefit	benefit	NOUN
cblr-1777	66	35	statutes	statute	NOUN
cblr-1777	66	36	provide	provide	VERB
cblr-1777	66	37	substantial	substantial	ADJ
cblr-1777	66	38	information	information	NOUN
cblr-1777	66	39	about	about	ADP
cblr-1777	66	40	their	their	PRON
cblr-1777	66	41	social	social	ADJ
cblr-1777	66	42	impact	impact	NOUN
cblr-1777	66	43	.	.	PUNCT
cblr-1777	67	1	if	if	SCONJ
cblr-1777	67	2	the	the	DET
cblr-1777	67	3	sec	sec	PROPN
cblr-1777	67	4	were	be	AUX
cblr-1777	67	5	to	to	PART
cblr-1777	67	6	create	create	VERB
cblr-1777	67	7	a	a	DET
cblr-1777	67	8	uniform	uniform	ADJ
cblr-1777	67	9	disclosure	disclosure	NOUN
cblr-1777	67	10	regime	regime	NOUN
cblr-1777	67	11	similar	similar	ADJ
cblr-1777	67	12	to	to	ADP
cblr-1777	67	13	the	the	DET
cblr-1777	67	14	periodic	periodic	ADJ
cblr-1777	67	15	reporting	reporting	NOUN
cblr-1777	67	16	regime	regime	NOUN
cblr-1777	67	17	already	already	ADV
cblr-1777	67	18	in	in	ADP
cblr-1777	67	19	place	place	NOUN
cblr-1777	67	20	for	for	ADP
cblr-1777	67	21	public	public	ADJ
cblr-1777	67	22	companies	company	NOUN
cblr-1777	67	23	,	,	PUNCT
cblr-1777	67	24	the	the	DET
cblr-1777	67	25	public	public	NOUN
cblr-1777	67	26	could	could	AUX
cblr-1777	67	27	confidently	confidently	ADV
cblr-1777	67	28	assess	assess	VERB
cblr-1777	67	29	their	their	PRON
cblr-1777	67	30	socially	socially	ADV
cblr-1777	67	31	conscious	conscious	ADJ
cblr-1777	67	32	investment	investment	NOUN
cblr-1777	67	33	decisions	decision	NOUN
cblr-1777	67	34	and	and	CCONJ
cblr-1777	67	35	hold	hold	VERB
cblr-1777	67	36	management	management	NOUN
cblr-1777	67	37	accountable	accountable	ADJ
cblr-1777	67	38	for	for	ADP
cblr-1777	67	39	its	its	PRON
cblr-1777	67	40	actions	action	NOUN
cblr-1777	67	41	.	.	PUNCT
cblr-1777	68	1	part	part	PROPN
cblr-1777	68	2	ii	ii	PROPN
cblr-1777	68	3	of	of	ADP
cblr-1777	68	4	this	this	DET
cblr-1777	68	5	note	note	NOUN
cblr-1777	68	6	outlines	outline	VERB
cblr-1777	68	7	the	the	DET
cblr-1777	68	8	history	history	NOUN
cblr-1777	68	9	of	of	ADP
cblr-1777	68	10	the	the	DET
cblr-1777	68	11	benefit	benefit	NOUN
cblr-1777	68	12	corporation	corporation	NOUN
cblr-1777	68	13	and	and	CCONJ
cblr-1777	68	14	the	the	DET
cblr-1777	68	15	reasons	reason	NOUN
cblr-1777	68	16	for	for	ADP
cblr-1777	68	17	its	its	PRON
cblr-1777	68	18	emergence	emergence	NOUN
cblr-1777	68	19	.	.	PUNCT
cblr-1777	69	1	it	it	PRON
cblr-1777	69	2	also	also	ADV
cblr-1777	69	3	analyzes	analyze	VERB
cblr-1777	69	4	existing	exist	VERB
cblr-1777	69	5	hybrid	hybrid	NOUN
cblr-1777	69	6	forms	form	NOUN
cblr-1777	69	7	and	and	CCONJ
cblr-1777	69	8	their	their	PRON
cblr-1777	69	9	deficiencies	deficiency	NOUN
cblr-1777	69	10	,	,	PUNCT
cblr-1777	69	11	both	both	CCONJ
cblr-1777	69	12	generally	generally	ADV
cblr-1777	69	13	and	and	CCONJ
cblr-1777	69	14	in	in	ADP
cblr-1777	69	15	relation	relation	NOUN
cblr-1777	69	16	to	to	ADP
cblr-1777	69	17	their	their	PRON
cblr-1777	69	18	disclosure	disclosure	NOUN
cblr-1777	69	19	regimes	regime	NOUN
cblr-1777	69	20	.	.	PUNCT
cblr-1777	70	1	part	part	NOUN
cblr-1777	70	2	iii	iii	NOUN
cblr-1777	70	3	discusses	discuss	VERB
cblr-1777	70	4	why	why	SCONJ
cblr-1777	70	5	the	the	DET
cblr-1777	70	6	introduction	introduction	NOUN
cblr-1777	70	7	of	of	ADP
cblr-1777	70	8	the	the	DET
cblr-1777	70	9	benefit	benefit	NOUN
cblr-1777	70	10	corporation	corporation	NOUN
cblr-1777	70	11	calls	call	VERB
cblr-1777	70	12	for	for	ADP
cblr-1777	70	13	the	the	DET
cblr-1777	70	14	expansion	expansion	NOUN
cblr-1777	70	15	of	of	ADP
cblr-1777	70	16	investor	investor	NOUN
cblr-1777	70	17	protections	protection	NOUN
cblr-1777	70	18	.	.	PUNCT
cblr-1777	71	1	section	section	NOUN
cblr-1777	71	2	a	a	PRON
cblr-1777	71	3	provides	provide	VERB
cblr-1777	71	4	an	an	DET
cblr-1777	71	5	overview	overview	NOUN
cblr-1777	71	6	of	of	ADP
cblr-1777	71	7	corporate	corporate	ADJ
cblr-1777	71	8	social	social	ADJ
cblr-1777	71	9	responsibility	responsibility	NOUN
cblr-1777	71	10	(	(	PUNCT
cblr-1777	71	11	“	"	PUNCT
cblr-1777	71	12	csr	csr	NOUN
cblr-1777	71	13	”	"	PUNCT
cblr-1777	71	14	)	)	PUNCT
cblr-1777	71	15	in	in	ADP
cblr-1777	71	16	the	the	DET
cblr-1777	71	17	traditional	traditional	ADJ
cblr-1777	71	18	corporate	corporate	ADJ
cblr-1777	71	19	form	form	NOUN
cblr-1777	71	20	and	and	CCONJ
cblr-1777	71	21	explains	explain	VERB
cblr-1777	71	22	how	how	SCONJ
cblr-1777	71	23	corporations	corporation	NOUN
cblr-1777	71	24	have	have	AUX
cblr-1777	71	25	been	be	AUX
cblr-1777	71	26	able	able	ADJ
cblr-1777	71	27	to	to	PART
cblr-1777	71	28	undertake	undertake	VERB
cblr-1777	71	29	such	such	ADJ
cblr-1777	71	30	activity	activity	NOUN
cblr-1777	71	31	within	within	ADP
cblr-1777	71	32	the	the	DET
cblr-1777	71	33	scope	scope	NOUN
cblr-1777	71	34	of	of	ADP
cblr-1777	71	35	directors	director	NOUN
cblr-1777	71	36	’	'	PUNCT
cblr-1777	71	37	prescribed	prescribe	VERB
cblr-1777	71	38	fiduciary	fiduciary	ADJ
cblr-1777	71	39	duties	duty	NOUN
cblr-1777	71	40	.	.	PUNCT
cblr-1777	72	1	section	section	NOUN
cblr-1777	72	2	b	b	PROPN
cblr-1777	72	3	describes	describe	VERB
cblr-1777	72	4	sec	sec	PROPN
cblr-1777	72	5	disclosure	disclosure	NOUN
cblr-1777	72	6	rules	rule	NOUN
cblr-1777	72	7	and	and	CCONJ
cblr-1777	72	8	how	how	SCONJ
cblr-1777	72	9	they	they	PRON
cblr-1777	72	10	lack	lack	VERB
cblr-1777	72	11	essential	essential	ADJ
cblr-1777	72	12	language	language	NOUN
cblr-1777	72	13	obligating	obligate	VERB
cblr-1777	72	14	companies	company	NOUN
cblr-1777	72	15	to	to	PART
cblr-1777	72	16	provide	provide	VERB
cblr-1777	72	17	substantive	substantive	ADJ
cblr-1777	72	18	reports	report	NOUN
cblr-1777	72	19	on	on	ADP
cblr-1777	72	20	their	their	PRON
cblr-1777	72	21	corporate	corporate	ADJ
cblr-1777	72	22	social	social	ADJ
cblr-1777	72	23	activities	activity	NOUN
cblr-1777	72	24	.	.	PUNCT
cblr-1777	73	1	finally	finally	ADV
cblr-1777	73	2	,	,	PUNCT
cblr-1777	73	3	part	part	NOUN
cblr-1777	73	4	iv	iv	NUM
cblr-1777	73	5	describes	describe	VERB
cblr-1777	73	6	a	a	DET
cblr-1777	73	7	potential	potential	ADJ
cblr-1777	73	8	benefit	benefit	NOUN
cblr-1777	73	9	disclosure	disclosure	NOUN
cblr-1777	73	10	regime	regime	NOUN
cblr-1777	73	11	for	for	ADP
cblr-1777	73	12	the	the	DET
cblr-1777	73	13	sec	sec	PROPN
cblr-1777	73	14	and	and	CCONJ
cblr-1777	73	15	addresses	address	VERB
cblr-1777	73	16	possible	possible	ADJ
cblr-1777	73	17	objections	objection	NOUN
cblr-1777	73	18	.	.	PUNCT
cblr-1777	74	1	ii	ii	X
cblr-1777	74	2	.	.	PUNCT
cblr-1777	75	1	the	the	DET
cblr-1777	75	2	emergence	emergence	NOUN
cblr-1777	75	3	of	of	ADP
cblr-1777	75	4	the	the	DET
cblr-1777	75	5	benefit	benefit	NOUN
cblr-1777	75	6	corporation	corporation	NOUN
cblr-1777	75	7	a.	a.	NOUN
cblr-1777	75	8	the	the	DET
cblr-1777	75	9	traditional	traditional	ADJ
cblr-1777	75	10	for	for	ADP
cblr-1777	75	11	-	-	PUNCT
cblr-1777	75	12	profit	profit	NOUN
cblr-1777	75	13	/	/	SYM
cblr-1777	75	14	nonprofit	nonprofit	ADJ
cblr-1777	75	15	divide	divide	NOUN
cblr-1777	75	16	the	the	DET
cblr-1777	75	17	b	b	PROPN
cblr-1777	75	18	-	-	PUNCT
cblr-1777	75	19	corp	corp	PROPN
cblr-1777	75	20	and	and	CCONJ
cblr-1777	75	21	other	other	ADJ
cblr-1777	75	22	hybrid	hybrid	ADJ
cblr-1777	75	23	forms	form	NOUN
cblr-1777	75	24	are	be	AUX
cblr-1777	75	25	largely	largely	ADV
cblr-1777	75	26	the	the	DET
cblr-1777	75	27	product	product	NOUN
cblr-1777	75	28	of	of	ADP
cblr-1777	75	29	the	the	DET
cblr-1777	75	30	united	united	PROPN
cblr-1777	75	31	states	states	PROPN
cblr-1777	75	32	’	'	PUNCT
cblr-1777	75	33	conventional	conventional	ADJ
cblr-1777	75	34	approach	approach	NOUN
cblr-1777	75	35	to	to	ADP
cblr-1777	75	36	corporate	corporate	ADJ
cblr-1777	75	37	structure	structure	NOUN
cblr-1777	75	38	,	,	PUNCT
cblr-1777	75	39	which	which	PRON
cblr-1777	75	40	has	have	AUX
cblr-1777	75	41	historically	historically	ADV
cblr-1777	75	42	afforded	afford	VERB
cblr-1777	75	43	19	19	NUM
cblr-1777	75	44	any	any	DET
cblr-1777	75	45	company	company	NOUN
cblr-1777	75	46	that	that	PRON
cblr-1777	75	47	intends	intend	VERB
cblr-1777	75	48	to	to	PART
cblr-1777	75	49	issue	issue	VERB
cblr-1777	75	50	a	a	DET
cblr-1777	75	51	security	security	NOUN
cblr-1777	75	52	,	,	PUNCT
cblr-1777	75	53	or	or	CCONJ
cblr-1777	75	54	securities	security	NOUN
cblr-1777	75	55	,	,	PUNCT
cblr-1777	75	56	on	on	ADP
cblr-1777	75	57	a	a	DET
cblr-1777	75	58	national	national	ADJ
cblr-1777	75	59	exchange	exchange	NOUN
cblr-1777	75	60	must	must	AUX
cblr-1777	75	61	register	register	VERB
cblr-1777	75	62	with	with	ADP
cblr-1777	75	63	the	the	DET
cblr-1777	75	64	sec	sec	PROPN
cblr-1777	75	65	and	and	CCONJ
cblr-1777	75	66	comply	comply	VERB
cblr-1777	75	67	with	with	ADP
cblr-1777	75	68	periodic	periodic	ADJ
cblr-1777	75	69	reporting	reporting	NOUN
cblr-1777	75	70	requirements	requirement	NOUN
cblr-1777	75	71	under	under	ADP
cblr-1777	75	72	the	the	DET
cblr-1777	75	73	securities	security	NOUN
cblr-1777	75	74	and	and	CCONJ
cblr-1777	75	75	exchange	exchange	PROPN
cblr-1777	75	76	act	act	NOUN
cblr-1777	75	77	of	of	ADP
cblr-1777	75	78	1934	1934	NUM
cblr-1777	75	79	.	.	PUNCT
cblr-1777	76	1	see	see	VERB
cblr-1777	76	2	15	15	NUM
cblr-1777	76	3	u.s.c	u.s.c	ADJ
cblr-1777	76	4	.	.	PUNCT
cblr-1777	77	1	§	§	PROPN
cblr-1777	77	2	§	§	PROPN
cblr-1777	77	3	78l	78l	NOUN
cblr-1777	77	4	,	,	PUNCT
cblr-1777	77	5	78	78	NUM
cblr-1777	77	6	m	m	NOUN
cblr-1777	77	7	(	(	PUNCT
cblr-1777	77	8	2012	2012	NUM
cblr-1777	77	9	)	)	PUNCT
cblr-1777	77	10	.	.	PUNCT
cblr-1777	78	1	this	this	PRON
cblr-1777	78	2	includes	include	VERB
cblr-1777	78	3	all	all	DET
cblr-1777	78	4	issuers	issuer	NOUN
cblr-1777	78	5	with	with	ADP
cblr-1777	78	6	assets	asset	NOUN
cblr-1777	78	7	exceeding	exceed	VERB
cblr-1777	78	8	$	$	SYM
cblr-1777	78	9	10,000,000	10,000,000	NUM
cblr-1777	78	10	and	and	CCONJ
cblr-1777	78	11	shareholders	shareholder	NOUN
cblr-1777	78	12	in	in	ADP
cblr-1777	78	13	excess	excess	NOUN
cblr-1777	78	14	of	of	ADP
cblr-1777	78	15	2000	2000	NUM
cblr-1777	78	16	in	in	ADP
cblr-1777	78	17	number	number	NOUN
cblr-1777	78	18	(	(	PUNCT
cblr-1777	78	19	500	500	NUM
cblr-1777	78	20	if	if	SCONJ
cblr-1777	78	21	they	they	PRON
cblr-1777	78	22	are	be	AUX
cblr-1777	78	23	not	not	PART
cblr-1777	78	24	accredited	accredited	ADJ
cblr-1777	78	25	investors	investor	NOUN
cblr-1777	78	26	)	)	PUNCT
cblr-1777	78	27	.	.	PUNCT
cblr-1777	79	1	see	see	VERB
cblr-1777	79	2	i	i	PRON
cblr-1777	79	3	d.	d.	PROPN
cblr-1777	79	4	§	§	PROPN
cblr-1777	79	5	78l(g	78l(g	PROPN
cblr-1777	79	6	)	)	PUNCT
cblr-1777	79	7	.	.	PUNCT
