id	sid	tid	token	lemma	pos
cblr-7807	1	1	microsoft	microsoft	PROPN
cblr-7807	1	2	word	word	PROPN
cblr-7807	1	3	bainbridge	bainbridge	PROPN
cblr-7807	1	4	(	(	PUNCT
cblr-7807	1	5	comment)_jci	comment)_jci	ADJ
cblr-7807	1	6	(	(	PUNCT
cblr-7807	1	7	9	9	X
cblr-7807	1	8	)	)	PUNCT
cblr-7807	1	9	bainbridge	bainbridge	NOUN
cblr-7807	1	10	(	(	PUNCT
cblr-7807	1	11	comment	comment	NOUN
cblr-7807	1	12	)	)	PUNCT
cblr-7807	1	13	12/28/2020	12/28/2020	NUM
cblr-7807	1	14	3:25	3:25	NUM
cblr-7807	1	15	pm	pm	NOUN
cblr-7807	1	16	comment	comment	NOUN
cblr-7807	1	17	long	long	ADJ
cblr-7807	1	18	-	-	PUNCT
cblr-7807	1	19	term	term	NOUN
cblr-7807	1	20	bias	bias	NOUN
cblr-7807	1	21	and	and	CCONJ
cblr-7807	1	22	director	director	NOUN
cblr-7807	1	23	primacy	primacy	NOUN
cblr-7807	1	24	stephen	stephen	PROPN
cblr-7807	1	25	m.	m.	PROPN
cblr-7807	1	26	bainbridge	bainbridge	PROPN
cblr-7807	1	27	*	*	PROPN
cblr-7807	1	28	in	in	ADP
cblr-7807	1	29	an	an	DET
cblr-7807	1	30	important	important	ADJ
cblr-7807	1	31	recent	recent	ADJ
cblr-7807	1	32	contribution	contribution	NOUN
cblr-7807	1	33	to	to	ADP
cblr-7807	1	34	the	the	DET
cblr-7807	1	35	short	short	ADJ
cblr-7807	1	36	-	-	PUNCT
cblr-7807	1	37	termism	termism	NOUN
cblr-7807	1	38	debate	debate	NOUN
cblr-7807	1	39	,	,	PUNCT
cblr-7807	1	40	professors	professor	NOUN
cblr-7807	1	41	michal	michal	PROPN
cblr-7807	1	42	barzuza	barzuza	PROPN
cblr-7807	1	43	and	and	CCONJ
cblr-7807	1	44	eric	eric	PROPN
cblr-7807	1	45	talley	talley	PROPN
cblr-7807	1	46	challenge	challenge	VERB
cblr-7807	1	47	what	what	PRON
cblr-7807	1	48	they	they	PRON
cblr-7807	1	49	call	call	VERB
cblr-7807	1	50	an	an	DET
cblr-7807	1	51	“	"	PUNCT
cblr-7807	1	52	emerging	emerge	VERB
cblr-7807	1	53	consensus	consensus	NOUN
cblr-7807	1	54	in	in	ADP
cblr-7807	1	55	certain	certain	ADJ
cblr-7807	1	56	legal	legal	ADJ
cblr-7807	1	57	,	,	PUNCT
cblr-7807	1	58	business	business	NOUN
cblr-7807	1	59	,	,	PUNCT
cblr-7807	1	60	and	and	CCONJ
cblr-7807	1	61	scholarly	scholarly	ADJ
cblr-7807	1	62	communities	community	NOUN
cblr-7807	1	63	.	.	PUNCT
cblr-7807	1	64	.	.	PUNCT
cblr-7807	1	65	.	.	PUNCT
cblr-7807	2	1	that	that	PRON
cblr-7807	2	2	corporate	corporate	ADJ
cblr-7807	2	3	managers	manager	NOUN
cblr-7807	2	4	are	be	AUX
cblr-7807	2	5	pressured	pressure	VERB
cblr-7807	2	6	unduly	unduly	ADV
cblr-7807	2	7	into	into	ADP
cblr-7807	2	8	chasing	chase	VERB
cblr-7807	2	9	short	short	ADJ
cblr-7807	2	10	-	-	PUNCT
cblr-7807	2	11	term	term	NOUN
cblr-7807	2	12	gains	gain	NOUN
cblr-7807	2	13	at	at	ADP
cblr-7807	2	14	the	the	DET
cblr-7807	2	15	expense	expense	NOUN
cblr-7807	2	16	of	of	ADP
cblr-7807	2	17	superior	superior	ADJ
cblr-7807	2	18	long	long	ADJ
cblr-7807	2	19	-	-	PUNCT
cblr-7807	2	20	term	term	NOUN
cblr-7807	2	21	prospects	prospect	NOUN
cblr-7807	2	22	.	.	PUNCT
cblr-7807	2	23	”	"	PUNCT
cblr-7807	3	1	see	see	VERB
cblr-7807	3	2	michal	michal	PROPN
cblr-7807	3	3	barzuza	barzuza	PROPN
cblr-7807	3	4	&	&	CCONJ
cblr-7807	3	5	eric	eric	PROPN
cblr-7807	3	6	talley	talley	PROPN
cblr-7807	3	7	,	,	PUNCT
cblr-7807	3	8	long	long	ADJ
cblr-7807	3	9	-	-	PUNCT
cblr-7807	3	10	term	term	NOUN
cblr-7807	3	11	bias	bias	NOUN
cblr-7807	3	12	,	,	PUNCT
cblr-7807	3	13	2020	2020	NUM
cblr-7807	3	14	colum	colum	NOUN
cblr-7807	3	15	.	.	PUNCT
cblr-7807	4	1	bus	bus	NOUN
cblr-7807	4	2	.	.	PUNCT
cblr-7807	5	1	l.	l.	PROPN
cblr-7807	5	2	rev	rev	PROPN
cblr-7807	5	3	.	.	PROPN
cblr-7807	5	4	104	104	NUM
cblr-7807	5	5	.	.	PUNCT
cblr-7807	6	1	instead	instead	ADV
cblr-7807	6	2	,	,	PUNCT
cblr-7807	6	3	barzuza	barzuza	NOUN
cblr-7807	6	4	and	and	CCONJ
cblr-7807	6	5	talley	talley	PROPN
cblr-7807	6	6	contend	contend	VERB
cblr-7807	6	7	that	that	SCONJ
cblr-7807	6	8	“	"	PUNCT
cblr-7807	6	9	corporate	corporate	ADJ
cblr-7807	6	10	managers	manager	NOUN
cblr-7807	6	11	often	often	ADV
cblr-7807	6	12	fall	fall	VERB
cblr-7807	6	13	prey	prey	NOUN
cblr-7807	6	14	to	to	ADP
cblr-7807	6	15	long	long	ADJ
cblr-7807	6	16	-	-	PUNCT
cblr-7807	6	17	term	term	NOUN
cblr-7807	6	18	bias	bias	NOUN
cblr-7807	6	19	—	—	PUNCT
cblr-7807	6	20	excessive	excessive	ADJ
cblr-7807	6	21	optimism	optimism	NOUN
cblr-7807	6	22	about	about	ADP
cblr-7807	6	23	their	their	PRON
cblr-7807	6	24	own	own	ADJ
cblr-7807	6	25	long	long	ADJ
cblr-7807	6	26	-	-	PUNCT
cblr-7807	6	27	term	term	NOUN
cblr-7807	6	28	projects	project	NOUN
cblr-7807	6	29	.	.	PUNCT
cblr-7807	6	30	”	"	PUNCT
cblr-7807	7	1	this	this	DET
cblr-7807	7	2	article	article	NOUN
cblr-7807	7	3	is	be	AUX
cblr-7807	7	4	an	an	DET
cblr-7807	7	5	invited	invite	VERB
cblr-7807	7	6	comment	comment	NOUN
cblr-7807	7	7	on	on	ADP
cblr-7807	7	8	barzuza	barzuza	NOUN
cblr-7807	7	9	and	and	CCONJ
cblr-7807	7	10	talley	talley	NOUN
cblr-7807	7	11	’s	’s	PART
cblr-7807	7	12	article	article	NOUN
cblr-7807	7	13	.	.	PUNCT
cblr-7807	8	1	subject	subject	ADJ
cblr-7807	8	2	to	to	ADP
cblr-7807	8	3	various	various	ADJ
cblr-7807	8	4	quibbles	quibble	NOUN
cblr-7807	8	5	raised	raise	VERB
cblr-7807	8	6	herein	herein	NOUN
cblr-7807	8	7	,	,	PUNCT
cblr-7807	8	8	i	i	PRON
cblr-7807	8	9	broadly	broadly	ADV
cblr-7807	8	10	concur	concur	VERB
cblr-7807	8	11	with	with	ADP
cblr-7807	8	12	barzuza	barzuza	NOUN
cblr-7807	8	13	and	and	CCONJ
cblr-7807	8	14	talley	talley	NOUN
cblr-7807	8	15	’s	’s	PART
cblr-7807	8	16	argument	argument	NOUN
cblr-7807	8	17	that	that	SCONJ
cblr-7807	8	18	corporate	corporate	ADJ
cblr-7807	8	19	directors	director	NOUN
cblr-7807	8	20	and	and	CCONJ
cblr-7807	8	21	officers	officer	NOUN
cblr-7807	8	22	can	can	AUX
cblr-7807	8	23	be	be	AUX
cblr-7807	8	24	biased	bias	VERB
cblr-7807	8	25	towards	towards	ADP
cblr-7807	8	26	long	long	ADJ
cblr-7807	8	27	-	-	PUNCT
cblr-7807	8	28	term	term	NOUN
cblr-7807	8	29	projects	project	NOUN
cblr-7807	8	30	and	and	CCONJ
cblr-7807	8	31	,	,	PUNCT
cblr-7807	8	32	accordingly	accordingly	ADV
cblr-7807	8	33	,	,	PUNCT
cblr-7807	8	34	may	may	AUX
cblr-7807	8	35	reject	reject	VERB
cblr-7807	8	36	short	short	ADJ
cblr-7807	8	37	-	-	PUNCT
cblr-7807	8	38	term	term	NOUN
cblr-7807	8	39	projects	project	NOUN
cblr-7807	8	40	offering	offer	VERB
cblr-7807	8	41	higher	high	ADJ
cblr-7807	8	42	returns	return	NOUN
cblr-7807	8	43	.	.	PUNCT
cblr-7807	9	1	but	but	CCONJ
cblr-7807	9	2	what	what	PRON
cblr-7807	9	3	law	law	NOUN
cblr-7807	9	4	reforms	reform	NOUN
cblr-7807	9	5	follow	follow	VERB
cblr-7807	9	6	logically	logically	ADV
cblr-7807	9	7	from	from	ADP
cblr-7807	9	8	their	their	PRON
cblr-7807	9	9	conclusion	conclusion	NOUN
cblr-7807	9	10	,	,	PUNCT
cblr-7807	9	11	if	if	SCONJ
cblr-7807	9	12	any	any	PRON
cblr-7807	9	13	?	?	PUNCT
cblr-7807	10	1	with	with	ADP
cblr-7807	10	2	respect	respect	NOUN
cblr-7807	10	3	to	to	ADP
cblr-7807	10	4	judicial	judicial	ADJ
cblr-7807	10	5	review	review	NOUN
cblr-7807	10	6	,	,	PUNCT
cblr-7807	10	7	i	i	PRON
cblr-7807	10	8	want	want	VERB
cblr-7807	10	9	to	to	PART
cblr-7807	10	10	differ	differ	VERB
cblr-7807	10	11	with	with	ADP
cblr-7807	10	12	barzuza	barzuza	NOUN
cblr-7807	10	13	and	and	CCONJ
cblr-7807	10	14	talley	talley	NOUN
cblr-7807	10	15	on	on	ADP
cblr-7807	10	16	three	three	NUM
cblr-7807	10	17	points	point	NOUN
cblr-7807	10	18	.	.	PUNCT
cblr-7807	11	1	first	first	ADV
cblr-7807	11	2	,	,	PUNCT
cblr-7807	11	3	i	i	PRON
cblr-7807	11	4	believe	believe	VERB
cblr-7807	11	5	barzuza	barzuza	NOUN
cblr-7807	11	6	and	and	CCONJ
cblr-7807	11	7	talley	talley	PROPN
cblr-7807	11	8	overstate	overstate	VERB
cblr-7807	11	9	the	the	DET
cblr-7807	11	10	risk	risk	NOUN
cblr-7807	11	11	of	of	ADP
cblr-7807	11	12	judicial	judicial	ADJ
cblr-7807	11	13	intervention	intervention	NOUN
cblr-7807	11	14	.	.	PUNCT
cblr-7807	12	1	second	second	ADJ
cblr-7807	12	2	,	,	PUNCT
cblr-7807	12	3	they	they	PRON
cblr-7807	12	4	fail	fail	VERB
cblr-7807	12	5	adequately	adequately	ADV
cblr-7807	12	6	to	to	PART
cblr-7807	12	7	distinguish	distinguish	VERB
cblr-7807	12	8	between	between	ADP
cblr-7807	12	9	directors	director	NOUN
cblr-7807	12	10	and	and	CCONJ
cblr-7807	12	11	managers	manager	NOUN
cblr-7807	12	12	,	,	PUNCT
cblr-7807	12	13	even	even	ADV
cblr-7807	12	14	though	though	SCONJ
cblr-7807	12	15	that	that	DET
cblr-7807	12	16	distinction	distinction	NOUN
cblr-7807	12	17	is	be	AUX
cblr-7807	12	18	central	central	ADJ
cblr-7807	12	19	to	to	ADP
cblr-7807	12	20	the	the	DET
cblr-7807	12	21	application	application	NOUN
cblr-7807	12	22	of	of	ADP
cblr-7807	12	23	delaware	delaware	PROPN
cblr-7807	12	24	law	law	PROPN
cblr-7807	12	25	.	.	PUNCT
cblr-7807	13	1	third	third	ADJ
cblr-7807	13	2	,	,	PUNCT
cblr-7807	13	3	i	i	PRON
cblr-7807	13	4	believe	believe	VERB
cblr-7807	13	5	their	their	PRON
cblr-7807	13	6	analysis	analysis	NOUN
cblr-7807	13	7	implies	imply	VERB
cblr-7807	13	8	that	that	SCONJ
cblr-7807	13	9	judges	judge	NOUN
cblr-7807	13	10	should	should	AUX
cblr-7807	13	11	retain	retain	VERB
cblr-7807	13	12	the	the	DET
cblr-7807	13	13	deference	deference	NOUN
cblr-7807	13	14	to	to	ADP
cblr-7807	13	15	director	director	NOUN
cblr-7807	13	16	decisionmaking	decisionmake	VERB
cblr-7807	13	17	inherent	inherent	ADJ
cblr-7807	13	18	in	in	ADP
cblr-7807	13	19	doctrines	doctrine	NOUN
cblr-7807	13	20	such	such	ADJ
cblr-7807	13	21	as	as	ADP
cblr-7807	13	22	the	the	DET
cblr-7807	13	23	business	business	NOUN
cblr-7807	13	24	judgment	judgment	NOUN
cblr-7807	13	25	rule	rule	NOUN
cblr-7807	13	26	and	and	CCONJ
cblr-7807	13	27	intermediate	intermediate	ADJ
cblr-7807	13	28	review	review	NOUN
cblr-7807	13	29	.	.	PUNCT
cblr-7807	14	1	*	*	PUNCT
cblr-7807	14	2	william	william	PROPN
cblr-7807	14	3	d.	d.	PROPN
cblr-7807	14	4	warren	warren	PROPN
cblr-7807	14	5	distinguished	distinguish	VERB
cblr-7807	14	6	professor	professor	NOUN
cblr-7807	14	7	of	of	ADP
cblr-7807	14	8	law	law	NOUN
cblr-7807	14	9	,	,	PUNCT
cblr-7807	14	10	ucla	ucla	NOUN
cblr-7807	14	11	school	school	NOUN
cblr-7807	14	12	of	of	ADP
cblr-7807	14	13	law	law	NOUN
cblr-7807	14	14	.	.	PUNCT
cblr-7807	15	1	385	385	NUM
cblr-7807	15	2	charles	charles	PROPN
cblr-7807	15	3	e	e	PROPN
cblr-7807	15	4	young	young	ADJ
cblr-7807	15	5	drive	drive	PROPN
cblr-7807	15	6	east	east	PROPN
cblr-7807	15	7	,	,	PUNCT
cblr-7807	15	8	los	los	PROPN
cblr-7807	15	9	angeles	angeles	PROPN
cblr-7807	15	10	,	,	PUNCT
cblr-7807	15	11	ca	ca	NOUN
cblr-7807	15	12	90095	90095	NUM
cblr-7807	15	13	.	.	PUNCT
cblr-7807	16	1	bainbridge@law.ucla.edu	bainbridge@law.ucla.edu	PROPN
cblr-7807	16	2	.	.	PUNCT
cblr-7807	17	1	thanks	thank	NOUN
cblr-7807	17	2	to	to	ADP
cblr-7807	17	3	jill	jill	PROPN
cblr-7807	17	4	fisch	fisch	PROPN
cblr-7807	17	5	for	for	ADP
cblr-7807	17	6	very	very	ADV
cblr-7807	17	7	helpful	helpful	ADJ
cblr-7807	17	8	comments	comment	NOUN
cblr-7807	17	9	.	.	PUNCT
cblr-7807	18	1	bainbridge	bainbridge	NOUN
cblr-7807	18	2	(	(	PUNCT
cblr-7807	18	3	comment	comment	NOUN
cblr-7807	18	4	)	)	PUNCT
cblr-7807	18	5	12/28/2020	12/28/2020	NUM
cblr-7807	18	6	3:25	3:25	NUM
cblr-7807	18	7	pm	pm	NOUN
cblr-7807	18	8	802	802	NUM
cblr-7807	18	9	columbia	columbia	PROPN
cblr-7807	18	10	business	business	NOUN
cblr-7807	18	11	law	law	PROPN
cblr-7807	18	12	review	review	NOUN
cblr-7807	18	13	[	[	X
cblr-7807	18	14	vol	vol	NOUN
cblr-7807	18	15	.	.	PUNCT
cblr-7807	18	16	2020	2020	NUM
cblr-7807	18	17	with	with	ADP
cblr-7807	18	18	respect	respect	NOUN
cblr-7807	18	19	to	to	ADP
cblr-7807	18	20	encouraging	encourage	VERB
cblr-7807	18	21	shareholder	shareholder	NOUN
cblr-7807	18	22	activism	activism	NOUN
cblr-7807	18	23	,	,	PUNCT
cblr-7807	18	24	i	i	PRON
cblr-7807	18	25	argue	argue	VERB
cblr-7807	18	26	that	that	SCONJ
cblr-7807	18	27	the	the	DET
cblr-7807	18	28	responsibility	responsibility	NOUN
cblr-7807	18	29	for	for	ADP
cblr-7807	18	30	policing	police	VERB
cblr-7807	18	31	managerial	managerial	ADJ
cblr-7807	18	32	hyperopia	hyperopia	NOUN
cblr-7807	18	33	(	(	PUNCT
cblr-7807	18	34	or	or	CCONJ
cblr-7807	18	35	myopia	myopia	NOUN
cblr-7807	18	36	,	,	PUNCT
cblr-7807	18	37	for	for	ADP
cblr-7807	18	38	that	that	DET
cblr-7807	18	39	matter	matter	NOUN
cblr-7807	18	40	)	)	PUNCT
cblr-7807	18	41	should	should	AUX
cblr-7807	18	42	be	be	AUX
cblr-7807	18	43	assigned	assign	VERB
cblr-7807	18	44	to	to	ADP
cblr-7807	18	45	the	the	DET
cblr-7807	18	46	board	board	NOUN
cblr-7807	18	47	of	of	ADP
cblr-7807	18	48	directors	director	NOUN
cblr-7807	18	49	,	,	PUNCT
cblr-7807	18	50	not	not	PART
cblr-7807	18	51	the	the	DET
cblr-7807	18	52	shareholders	shareholder	NOUN
cblr-7807	18	53	.	.	PUNCT
cblr-7807	19	1	heterogenous	heterogenous	ADJ
cblr-7807	19	2	shareholders	shareholder	NOUN
cblr-7807	19	3	lack	lack	VERB
cblr-7807	19	4	the	the	DET
cblr-7807	19	5	proper	proper	ADJ
cblr-7807	19	6	incentives	incentive	NOUN
cblr-7807	19	7	and	and	CCONJ
cblr-7807	19	8	knowledge	knowledge	NOUN
cblr-7807	19	9	to	to	ADP
cblr-7807	19	10	properly	properly	ADV
cblr-7807	19	11	police	police	NOUN
cblr-7807	19	12	management	management	NOUN
cblr-7807	19	13	.	.	PUNCT
cblr-7807	20	1	i.	i.	PROPN
cblr-7807	20	2	introduction	introduction	NOUN
cblr-7807	20	3	...............................................................	...............................................................	PUNCT
cblr-7807	20	4	802	802	NUM
cblr-7807	20	5	ii	ii	NOUN
cblr-7807	20	6	.	.	PUNCT
cblr-7807	21	1	quibbles	quibble	NOUN
cblr-7807	21	2	.....................................................................	.....................................................................	PUNCT
cblr-7807	22	1	809	809	NUM
cblr-7807	22	2	a.	a.	NOUN
cblr-7807	22	3	so	so	ADV
cblr-7807	22	4	many	many	ADJ
cblr-7807	22	5	biases	bias	NOUN
cblr-7807	22	6	...................................................	...................................................	PUNCT
cblr-7807	22	7	810	810	NUM
cblr-7807	22	8	b.	b.	NOUN
cblr-7807	22	9	overconfidence	overconfidence	NOUN
cblr-7807	22	10	or	or	CCONJ
cblr-7807	22	11	misperception	misperception	NOUN
cblr-7807	22	12	?	?	PUNCT
cblr-7807	22	13	......................	......................	PUNCT
cblr-7807	23	1	812	812	NUM
cblr-7807	23	2	c.	c.	NOUN
cblr-7807	23	3	the	the	DET
cblr-7807	23	4	case	case	NOUN
cblr-7807	23	5	studies	study	NOUN
cblr-7807	23	6	.................................................	.................................................	PUNCT
cblr-7807	23	7	814	814	NUM
cblr-7807	23	8	iii	iii	NOUN
cblr-7807	23	9	.	.	PUNCT
cblr-7807	24	1	the	the	DET
cblr-7807	24	2	judicial	judicial	ADJ
cblr-7807	24	3	role	role	NOUN
cblr-7807	24	4	.......................................................	.......................................................	PUNCT
cblr-7807	24	5	818	818	NUM
cblr-7807	24	6	a.	a.	NOUN
cblr-7807	24	7	is	be	AUX
cblr-7807	24	8	it	it	PRON
cblr-7807	24	9	really	really	ADV
cblr-7807	24	10	just	just	ADV
cblr-7807	24	11	a	a	DET
cblr-7807	24	12	“	"	PUNCT
cblr-7807	24	13	matter	matter	NOUN
cblr-7807	24	14	of	of	ADP
cblr-7807	24	15	time	time	NOUN
cblr-7807	24	16	”	"	PUNCT
cblr-7807	24	17	?	?	PUNCT
cblr-7807	25	1	...................	...................	PROPN
cblr-7807	26	1	819	819	NUM
cblr-7807	26	2	b.	b.	PROPN
cblr-7807	26	3	directors	director	NOUN
cblr-7807	26	4	direct	direct	VERB
cblr-7807	26	5	,	,	PUNCT
cblr-7807	26	6	and	and	CCONJ
cblr-7807	26	7	that	that	PRON
cblr-7807	26	8	matters	matter	VERB
cblr-7807	26	9	.....................	.....................	PUNCT
cblr-7807	26	10	820	820	NUM
cblr-7807	26	11	c.	c.	NOUN
cblr-7807	26	12	the	the	DET
cblr-7807	26	13	judges	judge	NOUN
cblr-7807	26	14	are	be	AUX
cblr-7807	26	15	not	not	PART
cblr-7807	26	16	business	business	NOUN
cblr-7807	26	17	experts	expert	NOUN
cblr-7807	26	18	................	................	PUNCT
cblr-7807	26	19	822	822	NUM
cblr-7807	26	20	iv	iv	NOUN
cblr-7807	26	21	.	.	PUNCT
cblr-7807	27	1	activist	activist	ADJ
cblr-7807	27	2	shareholders	shareholder	NOUN
cblr-7807	27	3	to	to	ADP
cblr-7807	27	4	the	the	DET
cblr-7807	27	5	rescue	rescue	NOUN
cblr-7807	27	6	?	?	PUNCT
cblr-7807	28	1	........................	........................	PUNCT
cblr-7807	29	1	824	824	NUM
cblr-7807	29	2	v.	v.	ADP
cblr-7807	29	3	conclusion	conclusion	NOUN
cblr-7807	29	4	..................................................................	..................................................................	PUNCT
cblr-7807	29	5	832	832	NUM
cblr-7807	29	6	i.	i.	NOUN
cblr-7807	29	7	introduction	introduction	NOUN
cblr-7807	29	8	elite	elite	ADJ
cblr-7807	29	9	opinion	opinion	NOUN
cblr-7807	29	10	holds	hold	VERB
cblr-7807	29	11	as	as	ADP
cblr-7807	29	12	a	a	DET
cblr-7807	29	13	virtual	virtual	ADJ
cblr-7807	29	14	article	article	NOUN
cblr-7807	29	15	of	of	ADP
cblr-7807	29	16	faith	faith	NOUN
cblr-7807	29	17	that	that	SCONJ
cblr-7807	29	18	corporations	corporation	NOUN
cblr-7807	29	19	should	should	AUX
cblr-7807	29	20	be	be	AUX
cblr-7807	29	21	managed	manage	VERB
cblr-7807	29	22	for	for	ADP
cblr-7807	29	23	the	the	DET
cblr-7807	29	24	long	long	ADJ
cblr-7807	29	25	term	term	NOUN
cblr-7807	29	26	.	.	PUNCT
cblr-7807	30	1	former	former	ADJ
cblr-7807	30	2	delaware	delaware	PROPN
cblr-7807	30	3	chief	chief	PROPN
cblr-7807	30	4	justice	justice	PROPN
cblr-7807	30	5	leo	leo	PROPN
cblr-7807	30	6	strine	strine	PROPN
cblr-7807	30	7	argued	argue	VERB
cblr-7807	30	8	“	"	PUNCT
cblr-7807	30	9	that	that	SCONJ
cblr-7807	30	10	the	the	DET
cblr-7807	30	11	generation	generation	NOUN
cblr-7807	30	12	of	of	ADP
cblr-7807	30	13	durable	durable	ADJ
cblr-7807	30	14	wealth	wealth	NOUN
cblr-7807	30	15	for	for	ADP
cblr-7807	30	16	its	its	PRON
cblr-7807	30	17	stockholders	stockholder	NOUN
cblr-7807	30	18	through	through	ADP
cblr-7807	30	19	fundamentally	fundamentally	ADV
cblr-7807	30	20	sound	sound	ADJ
cblr-7807	30	21	economic	economic	ADJ
cblr-7807	30	22	activity	activity	NOUN
cblr-7807	30	23	,	,	PUNCT
cblr-7807	30	24	such	such	ADJ
cblr-7807	30	25	as	as	ADP
cblr-7807	30	26	the	the	DET
cblr-7807	30	27	sale	sale	NOUN
cblr-7807	30	28	of	of	ADP
cblr-7807	30	29	useful	useful	ADJ
cblr-7807	30	30	products	product	NOUN
cblr-7807	30	31	and	and	CCONJ
cblr-7807	30	32	services	service	NOUN
cblr-7807	30	33	,	,	PUNCT
cblr-7807	30	34	is	be	AUX
cblr-7807	30	35	the	the	DET
cblr-7807	30	36	primary	primary	ADJ
cblr-7807	30	37	goal	goal	NOUN
cblr-7807	30	38	of	of	ADP
cblr-7807	30	39	the	the	DET
cblr-7807	30	40	forprofit	forprofit	PROPN
cblr-7807	30	41	corporation	corporation	NOUN
cblr-7807	30	42	,	,	PUNCT
cblr-7807	30	43	”	"	PUNCT
cblr-7807	30	44	laying	lay	VERB
cblr-7807	30	45	emphasis	emphasis	NOUN
cblr-7807	30	46	on	on	ADP
cblr-7807	30	47	the	the	DET
cblr-7807	30	48	idea	idea	NOUN
cblr-7807	30	49	of	of	ADP
cblr-7807	30	50	durable	durable	ADJ
cblr-7807	30	51	—	—	PUNCT
cblr-7807	30	52	i.e.	i.e.	X
cblr-7807	30	53	,	,	PUNCT
cblr-7807	30	54	sustained	sustain	VERB
cblr-7807	30	55	long	long	ADJ
cblr-7807	30	56	-	-	PUNCT
cblr-7807	30	57	term	term	NOUN
cblr-7807	30	58	—	—	PUNCT
cblr-7807	30	59	growth.1	growth.1	PROPN
cblr-7807	30	60	former	former	ADJ
cblr-7807	30	61	delaware	delaware	PROPN
cblr-7807	30	62	chancellor	chancellor	PROPN
cblr-7807	30	63	william	william	PROPN
cblr-7807	30	64	allen	allen	PROPN
cblr-7807	30	65	,	,	PUNCT
cblr-7807	30	66	one	one	NUM
cblr-7807	30	67	of	of	ADP
cblr-7807	30	68	the	the	DET
cblr-7807	30	69	most	most	ADV
cblr-7807	30	70	respected	respected	ADJ
cblr-7807	30	71	corporate	corporate	ADJ
cblr-7807	30	72	law	law	NOUN
cblr-7807	30	73	jurists	jurist	NOUN
cblr-7807	30	74	ever	ever	ADV
cblr-7807	30	75	,	,	PUNCT
cblr-7807	30	76	likewise	likewise	ADV
cblr-7807	30	77	argued	argue	VERB
cblr-7807	30	78	that	that	SCONJ
cblr-7807	30	79	“	"	PUNCT
cblr-7807	30	80	the	the	DET
cblr-7807	30	81	proper	proper	ADJ
cblr-7807	30	82	orientation	orientation	NOUN
cblr-7807	30	83	of	of	ADP
cblr-7807	30	84	corporation	corporation	NOUN
cblr-7807	30	85	law	law	NOUN
cblr-7807	30	86	is	be	AUX
cblr-7807	30	87	the	the	DET
cblr-7807	30	88	protection	protection	NOUN
cblr-7807	30	89	of	of	ADP
cblr-7807	30	90	long	long	ADJ
cblr-7807	30	91	-	-	PUNCT
cblr-7807	30	92	term	term	NOUN
cblr-7807	30	93	value	value	NOUN
cblr-7807	30	94	of	of	ADP
cblr-7807	30	95	1	1	NUM
cblr-7807	30	96	leo	leo	PROPN
cblr-7807	30	97	e.	e.	PROPN
cblr-7807	30	98	strine	strine	PROPN
cblr-7807	30	99	,	,	PUNCT
cblr-7807	30	100	jr	jr	PROPN
cblr-7807	30	101	.	.	PROPN
cblr-7807	30	102	,	,	PUNCT
cblr-7807	30	103	one	one	NUM
cblr-7807	30	104	fundamental	fundamental	ADJ
cblr-7807	30	105	corporate	corporate	ADJ
cblr-7807	30	106	governance	governance	NOUN
cblr-7807	30	107	question	question	NOUN
cblr-7807	30	108	we	we	PRON
cblr-7807	30	109	face	face	VERB
cblr-7807	30	110	:	:	PUNCT
cblr-7807	30	111	can	can	AUX
cblr-7807	30	112	corporations	corporation	NOUN
cblr-7807	30	113	be	be	AUX
cblr-7807	30	114	managed	manage	VERB
cblr-7807	30	115	for	for	ADP
cblr-7807	30	116	the	the	DET
cblr-7807	30	117	long	long	ADJ
cblr-7807	30	118	term	term	NOUN
cblr-7807	30	119	unless	unless	SCONJ
cblr-7807	30	120	their	their	PRON
cblr-7807	30	121	powerful	powerful	ADJ
cblr-7807	30	122	electorates	electorate	NOUN
cblr-7807	30	123	also	also	ADV
cblr-7807	30	124	act	act	VERB
cblr-7807	30	125	and	and	CCONJ
cblr-7807	30	126	think	think	VERB
cblr-7807	30	127	long	long	ADJ
cblr-7807	30	128	term	term	NOUN
cblr-7807	30	129	?	?	PUNCT
cblr-7807	30	130	,	,	PUNCT
cblr-7807	30	131	66	66	NUM
cblr-7807	30	132	bus	bus	NOUN
cblr-7807	30	133	.	.	PUNCT
cblr-7807	31	1	law	law	NOUN
cblr-7807	31	2	.	.	PUNCT
cblr-7807	32	1	1	1	NUM
cblr-7807	32	2	,	,	PUNCT
cblr-7807	32	3	2	2	NUM
cblr-7807	32	4	(	(	PUNCT
cblr-7807	32	5	2010	2010	NUM
cblr-7807	32	6	)	)	PUNCT
cblr-7807	32	7	.	.	PUNCT
cblr-7807	33	1	bainbridge	bainbridge	PROPN
cblr-7807	33	2	(	(	PUNCT
cblr-7807	33	3	comment	comment	NOUN
cblr-7807	33	4	)	)	PUNCT
cblr-7807	33	5	12/28/2020	12/28/2020	NUM
cblr-7807	33	6	3:25	3:25	NUM
cblr-7807	33	7	pm	pm	NOUN
cblr-7807	33	8	no	no	INTJ
cblr-7807	33	9	.	.	PUNCT
cblr-7807	34	1	3:801	3:801	NUM
cblr-7807	34	2	]	]	X
cblr-7807	34	3	long	long	ADJ
cblr-7807	34	4	-	-	PUNCT
cblr-7807	34	5	term	term	NOUN
cblr-7807	34	6	bias	bias	NOUN
cblr-7807	34	7	and	and	CCONJ
cblr-7807	34	8	director	director	NOUN
cblr-7807	34	9	primacy	primacy	NOUN
cblr-7807	34	10	803	803	NUM
cblr-7807	34	11	capital	capital	NOUN
cblr-7807	34	12	committed	commit	VERB
cblr-7807	34	13	indefinitely	indefinitely	ADV
cblr-7807	34	14	to	to	ADP
cblr-7807	34	15	the	the	DET
cblr-7807	34	16	firm	firm	NOUN
cblr-7807	34	17	.	.	PUNCT
cblr-7807	34	18	”2	”2	PROPN
cblr-7807	35	1	delaware	delaware	PROPN
cblr-7807	35	2	vice	vice	PROPN
cblr-7807	35	3	chancellor	chancellor	PROPN
cblr-7807	35	4	laster	laster	PROPN
cblr-7807	35	5	opined	opine	VERB
cblr-7807	35	6	that	that	SCONJ
cblr-7807	35	7	“	"	PUNCT
cblr-7807	35	8	the	the	DET
cblr-7807	35	9	directors	director	NOUN
cblr-7807	35	10	[	[	X
cblr-7807	35	11	must	must	AUX
cblr-7807	35	12	]	]	PART
cblr-7807	35	13	act	act	VERB
cblr-7807	35	14	prudently	prudently	ADV
cblr-7807	35	15	,	,	PUNCT
cblr-7807	35	16	loyally	loyally	ADV
cblr-7807	35	17	,	,	PUNCT
cblr-7807	35	18	and	and	CCONJ
cblr-7807	35	19	in	in	ADP
cblr-7807	35	20	good	good	ADJ
cblr-7807	35	21	faith	faith	NOUN
cblr-7807	35	22	to	to	PART
cblr-7807	35	23	maximize	maximize	VERB
cblr-7807	35	24	the	the	DET
cblr-7807	35	25	value	value	NOUN
cblr-7807	35	26	of	of	ADP
cblr-7807	35	27	the	the	DET
cblr-7807	35	28	corporation	corporation	NOUN
cblr-7807	35	29	over	over	ADP
cblr-7807	35	30	the	the	DET
cblr-7807	35	31	long	long	ADJ
cblr-7807	35	32	-	-	PUNCT
cblr-7807	35	33	term	term	NOUN
cblr-7807	35	34	for	for	ADP
cblr-7807	35	35	the	the	DET
cblr-7807	35	36	benefit	benefit	NOUN
cblr-7807	35	37	of	of	ADP
cblr-7807	35	38	”	"	PUNCT
cblr-7807	35	39	the	the	DET
cblr-7807	35	40	corporation	corporation	NOUN
cblr-7807	35	41	’s	’s	PART
cblr-7807	35	42	shareholders.3	shareholders.3	VERB
cblr-7807	35	43	the	the	DET
cblr-7807	35	44	business	business	NOUN
cblr-7807	35	45	roundtable	roundtable	NOUN
cblr-7807	35	46	’s	’s	PART
cblr-7807	35	47	latest	late	ADJ
cblr-7807	35	48	statement	statement	NOUN
cblr-7807	35	49	on	on	ADP
cblr-7807	35	50	corporate	corporate	ADJ
cblr-7807	35	51	purpose	purpose	NOUN
cblr-7807	35	52	argued	argue	VERB
cblr-7807	35	53	that	that	SCONJ
cblr-7807	35	54	corporations	corporation	NOUN
cblr-7807	35	55	have	have	VERB
cblr-7807	35	56	responsibilities	responsibility	NOUN
cblr-7807	35	57	to	to	ADP
cblr-7807	35	58	all	all	PRON
cblr-7807	35	59	of	of	ADP
cblr-7807	35	60	their	their	PRON
cblr-7807	35	61	stakeholders	stakeholder	NOUN
cblr-7807	35	62	,	,	PUNCT
cblr-7807	35	63	which	which	PRON
cblr-7807	35	64	include	include	VERB
cblr-7807	35	65	—	—	PUNCT
cblr-7807	35	66	but	but	CCONJ
cblr-7807	35	67	are	be	AUX
cblr-7807	35	68	not	not	PART
cblr-7807	35	69	limited	limit	VERB
cblr-7807	35	70	to	to	PART
cblr-7807	35	71	—	—	PUNCT
cblr-7807	35	72	creating	create	VERB
cblr-7807	35	73	“	"	PUNCT
cblr-7807	35	74	long	long	ADJ
cblr-7807	35	75	-	-	PUNCT
cblr-7807	35	76	term	term	NOUN
cblr-7807	35	77	value	value	NOUN
cblr-7807	35	78	for	for	ADP
cblr-7807	35	79	shareholders	shareholder	NOUN
cblr-7807	35	80	.	.	PUNCT
cblr-7807	35	81	”4	”4	PUNCT
cblr-7807	36	1	conversely	conversely	ADV
cblr-7807	36	2	,	,	PUNCT
cblr-7807	36	3	elite	elite	ADJ
cblr-7807	36	4	opinion	opinion	NOUN
cblr-7807	36	5	holds	hold	VERB
cblr-7807	36	6	that	that	SCONJ
cblr-7807	36	7	managers	manager	NOUN
cblr-7807	36	8	are	be	AUX
cblr-7807	36	9	myopic	myopic	ADJ
cblr-7807	36	10	—	—	PUNCT
cblr-7807	36	11	i.e.	i.e.	X
cblr-7807	36	12	,	,	PUNCT
cblr-7807	36	13	biased	bias	VERB
cblr-7807	36	14	in	in	ADP
cblr-7807	36	15	favor	favor	NOUN
cblr-7807	36	16	of	of	ADP
cblr-7807	36	17	pursuing	pursue	VERB
cblr-7807	36	18	short	short	ADJ
cblr-7807	36	19	-	-	PUNCT
cblr-7807	36	20	term	term	NOUN
cblr-7807	36	21	gains	gain	NOUN
cblr-7807	36	22	—	—	PUNCT
cblr-7807	36	23	to	to	ADP
cblr-7807	36	24	the	the	DET
cblr-7807	36	25	detriment	detriment	NOUN
cblr-7807	36	26	of	of	ADP
cblr-7807	36	27	the	the	DET
cblr-7807	36	28	corporation	corporation	NOUN
cblr-7807	36	29	’s	’s	PART
cblr-7807	36	30	long	long	ADJ
cblr-7807	36	31	-	-	PUNCT
cblr-7807	36	32	term	term	NOUN
cblr-7807	36	33	health	health	NOUN
cblr-7807	36	34	and	and	CCONJ
cblr-7807	36	35	that	that	PRON
cblr-7807	36	36	of	of	ADP
cblr-7807	36	37	society	society	NOUN
cblr-7807	36	38	at	at	ADP
cblr-7807	36	39	large.5	large.5	VERB
cblr-7807	36	40	famed	famed	ADJ
cblr-7807	36	41	corporate	corporate	ADJ
cblr-7807	36	42	lawyer	lawyer	NOUN
cblr-7807	36	43	martin	martin	PROPN
cblr-7807	36	44	lipton	lipton	PROPN
cblr-7807	36	45	argued	argue	VERB
cblr-7807	36	46	that	that	SCONJ
cblr-7807	36	47	“	"	PUNCT
cblr-7807	36	48	in	in	ADP
cblr-7807	36	49	order	order	NOUN
cblr-7807	36	50	to	to	PART
cblr-7807	36	51	create	create	VERB
cblr-7807	36	52	short	short	ADJ
cblr-7807	36	53	-	-	PUNCT
cblr-7807	36	54	term	term	NOUN
cblr-7807	36	55	action	action	NOUN
cblr-7807	36	56	in	in	ADP
cblr-7807	36	57	the	the	DET
cblr-7807	36	58	stock	stock	NOUN
cblr-7807	36	59	,	,	PUNCT
cblr-7807	36	60	you	you	PRON
cblr-7807	36	61	do	do	VERB
cblr-7807	36	62	things	thing	NOUN
cblr-7807	36	63	that	that	PRON
cblr-7807	36	64	are	be	AUX
cblr-7807	36	65	contrary	contrary	ADJ
cblr-7807	36	66	to	to	ADP
cblr-7807	36	67	long	long	ADJ
cblr-7807	36	68	-	-	PUNCT
cblr-7807	36	69	term	term	NOUN
cblr-7807	36	70	investment	investment	NOUN
cblr-7807	36	71	.	.	PUNCT
cblr-7807	36	72	”6	”6	NOUN
cblr-7807	36	73	2	2	NUM
cblr-7807	36	74	william	william	PROPN
cblr-7807	36	75	t.	t.	PROPN
cblr-7807	36	76	allen	allen	PROPN
cblr-7807	36	77	,	,	PUNCT
cblr-7807	36	78	ambiguity	ambiguity	NOUN
cblr-7807	36	79	in	in	ADP
cblr-7807	36	80	corporation	corporation	NOUN
cblr-7807	36	81	law	law	NOUN
cblr-7807	36	82	,	,	PUNCT
cblr-7807	36	83	22	22	NUM
cblr-7807	36	84	del	del	PROPN
cblr-7807	36	85	.	.	PROPN
cblr-7807	36	86	j.	j.	PROPN
cblr-7807	36	87	corp	corp	PROPN
cblr-7807	36	88	.	.	PROPN
cblr-7807	36	89	l.	l.	PROPN
cblr-7807	36	90	894	894	NUM
cblr-7807	36	91	,	,	PUNCT
cblr-7807	36	92	896–97	896–97	NUM
cblr-7807	36	93	(	(	PUNCT
cblr-7807	36	94	1997	1997	NUM
cblr-7807	36	95	)	)	PUNCT
cblr-7807	36	96	.	.	PUNCT
cblr-7807	37	1	3	3	NUM
cblr-7807	37	2	frederick	frederick	PROPN
cblr-7807	37	3	hsu	hsu	PROPN
cblr-7807	37	4	living	live	VERB
cblr-7807	37	5	tr	tr	VERB
cblr-7807	37	6	.	.	PUNCT
cblr-7807	38	1	v.	v.	ADP
cblr-7807	38	2	odn	odn	PROPN
cblr-7807	38	3	holding	holding	PROPN
cblr-7807	38	4	corp	corp	PROPN
cblr-7807	38	5	.	.	PROPN
cblr-7807	38	6	,	,	PUNCT
cblr-7807	38	7	no	no	INTJ
cblr-7807	38	8	.	.	NOUN
cblr-7807	38	9	12108	12108	NUM
cblr-7807	38	10	-	-	PUNCT
cblr-7807	38	11	vcl	vcl	NOUN
cblr-7807	38	12	,	,	PUNCT
cblr-7807	38	13	2017	2017	NUM
cblr-7807	38	14	wl	wl	NOUN
cblr-7807	38	15	1437308	1437308	NUM
cblr-7807	38	16	,	,	PUNCT
cblr-7807	38	17	at	at	ADP
cblr-7807	38	18	*	*	NUM
cblr-7807	38	19	18	18	NUM
cblr-7807	38	20	(	(	PUNCT
cblr-7807	38	21	del	del	PROPN
cblr-7807	38	22	.	.	PROPN
cblr-7807	38	23	ch	ch	PROPN
cblr-7807	38	24	.	.	PUNCT
cblr-7807	38	25	apr	apr	PROPN
cblr-7807	38	26	.	.	PROPN
cblr-7807	38	27	14	14	NUM
cblr-7807	38	28	,	,	PUNCT
cblr-7807	38	29	2017	2017	NUM
cblr-7807	38	30	)	)	PUNCT
cblr-7807	38	31	,	,	PUNCT
cblr-7807	38	32	as	as	SCONJ
cblr-7807	38	33	corrected	correct	VERB
cblr-7807	38	34	,	,	PUNCT
cblr-7807	38	35	(	(	PUNCT
cblr-7807	38	36	apr	apr	NOUN
cblr-7807	38	37	.	.	PROPN
cblr-7807	38	38	24	24	NUM
cblr-7807	38	39	,	,	PUNCT
cblr-7807	38	40	2017	2017	NUM
cblr-7807	38	41	)	)	PUNCT
cblr-7807	38	42	.	.	PUNCT
cblr-7807	39	1	see	see	VERB
cblr-7807	39	2	also	also	ADV
cblr-7807	39	3	musicland	musicland	VERB
cblr-7807	39	4	holding	holding	PROPN
cblr-7807	39	5	corp	corp	PROPN
cblr-7807	39	6	.	.	PROPN
cblr-7807	40	1	v.	v.	ADP
cblr-7807	40	2	best	good	ADJ
cblr-7807	40	3	buy	buy	PROPN
cblr-7807	40	4	co.	co.	PROPN
cblr-7807	40	5	(	(	PUNCT
cblr-7807	40	6	in	in	ADP
cblr-7807	40	7	re	re	ADJ
cblr-7807	40	8	musicland	musicland	PROPN
cblr-7807	40	9	holding	holding	PROPN
cblr-7807	40	10	corp	corp	PROPN
cblr-7807	40	11	.	.	PROPN
cblr-7807	40	12	)	)	PUNCT
cblr-7807	40	13	,	,	PUNCT
cblr-7807	40	14	424	424	NUM
cblr-7807	40	15	b.r	b.r	PROPN
cblr-7807	40	16	.	.	PROPN
cblr-7807	40	17	95	95	NUM
cblr-7807	40	18	,	,	PUNCT
cblr-7807	40	19	101	101	NUM
cblr-7807	40	20	(	(	PUNCT
cblr-7807	40	21	bankr	bankr	PROPN
cblr-7807	40	22	.	.	PUNCT
cblr-7807	41	1	s.d.n.y	s.d.n.y	PROPN
cblr-7807	41	2	.	.	PROPN
cblr-7807	41	3	2010	2010	NUM
cblr-7807	41	4	)	)	PUNCT
cblr-7807	41	5	(	(	PUNCT
cblr-7807	41	6	holding	hold	VERB
cblr-7807	41	7	that	that	PRON
cblr-7807	41	8	,	,	PUNCT
cblr-7807	41	9	even	even	ADV
cblr-7807	41	10	when	when	SCONJ
cblr-7807	41	11	a	a	DET
cblr-7807	41	12	corporation	corporation	NOUN
cblr-7807	41	13	is	be	AUX
cblr-7807	41	14	insolvent	insolvent	ADJ
cblr-7807	41	15	,	,	PUNCT
cblr-7807	41	16	“	"	PUNCT
cblr-7807	41	17	the	the	DET
cblr-7807	41	18	directors	director	NOUN
cblr-7807	41	19	and	and	CCONJ
cblr-7807	41	20	officers	officer	NOUN
cblr-7807	41	21	must	must	AUX
cblr-7807	41	22	still	still	ADV
cblr-7807	41	23	‘	'	PUNCT
cblr-7807	41	24	exercise	exercise	VERB
cblr-7807	41	25	judgment	judgment	NOUN
cblr-7807	41	26	in	in	ADP
cblr-7807	41	27	an	an	DET
cblr-7807	41	28	informed	informed	ADJ
cblr-7807	41	29	,	,	PUNCT
cblr-7807	41	30	good	good	ADJ
cblr-7807	41	31	faith	faith	NOUN
cblr-7807	41	32	effort	effort	NOUN
cblr-7807	41	33	to	to	PART
cblr-7807	41	34	maximize	maximize	VERB
cblr-7807	41	35	the	the	DET
cblr-7807	41	36	corporation	corporation	NOUN
cblr-7807	41	37	’s	’s	PART
cblr-7807	41	38	long	long	ADJ
cblr-7807	41	39	-	-	PUNCT
cblr-7807	41	40	term	term	NOUN
cblr-7807	41	41	wealth	wealth	NOUN
cblr-7807	41	42	creating	create	VERB
cblr-7807	41	43	capacity	capacity	NOUN
cblr-7807	41	44	.	.	PUNCT
cblr-7807	41	45	’	'	PUNCT
cblr-7807	41	46	”	"	PUNCT
cblr-7807	42	1	(	(	PUNCT
cblr-7807	42	2	quoting	quote	VERB
cblr-7807	42	3	credit	credit	PROPN
cblr-7807	42	4	lyonnais	lyonnais	PROPN
cblr-7807	42	5	bank	bank	PROPN
cblr-7807	42	6	nederland	nederland	PROPN
cblr-7807	42	7	v.	v.	CCONJ
cblr-7807	42	8	pathe	pathe	PROPN
cblr-7807	42	9	commc’ns	commc’ns	PROPN
cblr-7807	42	10	corp	corp	PROPN
cblr-7807	42	11	.	.	PROPN
cblr-7807	42	12	,	,	PUNCT
cblr-7807	42	13	no	no	INTJ
cblr-7807	42	14	.	.	NOUN
cblr-7807	42	15	12150	12150	NUM
cblr-7807	42	16	,	,	PUNCT
cblr-7807	42	17	1991	1991	NUM
cblr-7807	42	18	wl	wl	NOUN
cblr-7807	42	19	277613	277613	NUM
cblr-7807	42	20	,	,	PUNCT
cblr-7807	42	21	at	at	ADP
cblr-7807	42	22	*	*	PROPN
cblr-7807	42	23	34	34	NUM
cblr-7807	42	24	(	(	PUNCT
cblr-7807	42	25	del	del	PROPN
cblr-7807	42	26	.	.	PROPN
cblr-7807	42	27	ch	ch	PROPN
cblr-7807	42	28	.	.	PUNCT
cblr-7807	42	29	dec	dec	PROPN
cblr-7807	42	30	.	.	PROPN
cblr-7807	42	31	30	30	NUM
cblr-7807	42	32	,	,	PUNCT
cblr-7807	42	33	1991	1991	NUM
cblr-7807	42	34	)	)	PUNCT
cblr-7807	42	35	)	)	PUNCT
cblr-7807	42	36	)	)	PUNCT
cblr-7807	42	37	.	.	PUNCT
cblr-7807	43	1	4	4	NUM
cblr-7807	43	2	press	press	NOUN
cblr-7807	43	3	release	release	NOUN
cblr-7807	43	4	,	,	PUNCT
cblr-7807	43	5	bus	bus	NOUN
cblr-7807	43	6	.	.	PUNCT
cblr-7807	44	1	roundtable	roundtable	ADJ
cblr-7807	44	2	,	,	PUNCT
cblr-7807	44	3	business	business	NOUN
cblr-7807	44	4	roundtable	roundtable	NOUN
cblr-7807	44	5	redefines	redefine	VERB
cblr-7807	44	6	the	the	DET
cblr-7807	44	7	purpose	purpose	NOUN
cblr-7807	44	8	of	of	ADP
cblr-7807	44	9	a	a	DET
cblr-7807	44	10	corporation	corporation	NOUN
cblr-7807	44	11	to	to	PART
cblr-7807	44	12	promote	promote	VERB
cblr-7807	44	13	‘	'	PUNCT
cblr-7807	44	14	an	an	DET
cblr-7807	44	15	economy	economy	NOUN
cblr-7807	44	16	that	that	PRON
cblr-7807	44	17	serves	serve	VERB
cblr-7807	44	18	all	all	DET
cblr-7807	44	19	americans	americans	PROPN
cblr-7807	44	20	’	'	PUNCT
cblr-7807	44	21	(	(	PUNCT
cblr-7807	44	22	aug	aug	PROPN
cblr-7807	44	23	.	.	PROPN
cblr-7807	44	24	19	19	NUM
cblr-7807	44	25	,	,	PUNCT
cblr-7807	44	26	2019	2019	NUM
cblr-7807	44	27	)	)	PUNCT
cblr-7807	44	28	,	,	PUNCT
cblr-7807	44	29	https://www.businessroundtable.org/businessroundtable-redefines-the-purpose-of-a-corporation-to-promote-an-economythat-serves-all-americans	https://www.businessroundtable.org/businessroundtable-redefines-the-purpose-of-a-corporation-to-promote-an-economythat-serves-all-american	NOUN
cblr-7807	45	1	[	[	X
cblr-7807	45	2	https://perma.cc/7fce-xj5u	https://perma.cc/7fce-xj5u	X
cblr-7807	45	3	]	]	X
cblr-7807	45	4	.	.	PUNCT
cblr-7807	46	1	5	5	NUM
cblr-7807	46	2	see	see	VERB
cblr-7807	46	3	henry	henry	PROPN
cblr-7807	46	4	t.c	t.c	PROPN
cblr-7807	46	5	.	.	PROPN
cblr-7807	46	6	hu	hu	PROPN
cblr-7807	46	7	,	,	PUNCT
cblr-7807	46	8	risk	risk	NOUN
cblr-7807	46	9	,	,	PUNCT
cblr-7807	46	10	time	time	NOUN
cblr-7807	46	11	,	,	PUNCT
cblr-7807	46	12	and	and	CCONJ
cblr-7807	46	13	fiduciary	fiduciary	ADJ
cblr-7807	46	14	principles	principle	NOUN
cblr-7807	46	15	in	in	ADP
cblr-7807	46	16	corporate	corporate	ADJ
cblr-7807	46	17	investment	investment	NOUN
cblr-7807	46	18	,	,	PUNCT
cblr-7807	46	19	38	38	NUM
cblr-7807	46	20	ucla	ucla	PROPN
cblr-7807	46	21	l.	l.	PROPN
cblr-7807	46	22	rev	rev	PROPN
cblr-7807	46	23	.	.	PROPN
cblr-7807	46	24	277	277	NUM
cblr-7807	46	25	,	,	PUNCT
cblr-7807	46	26	308	308	NUM
cblr-7807	46	27	(	(	PUNCT
cblr-7807	46	28	1990	1990	NUM
cblr-7807	46	29	)	)	PUNCT
cblr-7807	46	30	(	(	PUNCT
cblr-7807	46	31	“	"	PUNCT
cblr-7807	46	32	conventional	conventional	ADJ
cblr-7807	46	33	wisdom	wisdom	NOUN
cblr-7807	46	34	holds	hold	VERB
cblr-7807	46	35	that	that	SCONJ
cblr-7807	46	36	first	first	ADJ
cblr-7807	46	37	,	,	PUNCT
cblr-7807	46	38	american	american	ADJ
cblr-7807	46	39	corporate	corporate	ADJ
cblr-7807	46	40	managers	manager	NOUN
cblr-7807	46	41	are	be	AUX
cblr-7807	46	42	myopic	myopic	ADJ
cblr-7807	46	43	and	and	CCONJ
cblr-7807	46	44	debilitatingly	debilitatingly	ADV
cblr-7807	46	45	riskaverse	riskaverse	NOUN
cblr-7807	46	46	when	when	SCONJ
cblr-7807	46	47	it	it	PRON
cblr-7807	46	48	comes	come	VERB
cblr-7807	46	49	to	to	ADP
cblr-7807	46	50	research	research	NOUN
cblr-7807	46	51	,	,	PUNCT
cblr-7807	46	52	machinery	machinery	NOUN
cblr-7807	46	53	,	,	PUNCT
cblr-7807	46	54	and	and	CCONJ
cblr-7807	46	55	other	other	ADJ
cblr-7807	46	56	productive	productive	ADJ
cblr-7807	46	57	investments	investment	NOUN
cblr-7807	46	58	.	.	PUNCT
cblr-7807	46	59	”	"	PUNCT
cblr-7807	46	60	)	)	PUNCT
cblr-7807	46	61	.	.	PUNCT
cblr-7807	47	1	6	6	NUM
cblr-7807	47	2	jessica	jessica	PROPN
cblr-7807	47	3	c.	c.	PROPN
cblr-7807	47	4	pearlman	pearlman	PROPN
cblr-7807	47	5	,	,	PUNCT
cblr-7807	47	6	interview	interview	NOUN
cblr-7807	47	7	with	with	ADP
cblr-7807	47	8	marty	marty	PROPN
cblr-7807	47	9	lipton	lipton	PROPN
cblr-7807	47	10	,	,	PUNCT
cblr-7807	47	11	75	75	NUM
cblr-7807	47	12	bus	bus	NOUN
cblr-7807	47	13	.	.	PUNCT
cblr-7807	47	14	law	law	NOUN
cblr-7807	47	15	.	.	PUNCT
cblr-7807	48	1	1709	1709	NUM
cblr-7807	48	2	,	,	PUNCT
cblr-7807	48	3	1718	1718	NUM
cblr-7807	48	4	(	(	PUNCT
cblr-7807	48	5	2020	2020	NUM
cblr-7807	48	6	)	)	PUNCT
cblr-7807	48	7	;	;	PUNCT
cblr-7807	48	8	see	see	VERB
cblr-7807	48	9	also	also	ADV
cblr-7807	48	10	james	james	PROPN
cblr-7807	48	11	j.	j.	PROPN
cblr-7807	48	12	park	park	PROPN
cblr-7807	48	13	,	,	PUNCT
cblr-7807	48	14	do	do	AUX
cblr-7807	48	15	the	the	DET
cblr-7807	48	16	securities	security	NOUN
cblr-7807	48	17	laws	law	NOUN
cblr-7807	48	18	promote	promote	VERB
cblr-7807	48	19	shorttermism	shorttermism	NOUN
cblr-7807	48	20	?	?	PUNCT
cblr-7807	48	21	,	,	PUNCT
cblr-7807	48	22	10	10	NUM
cblr-7807	48	23	u.c	u.c	PROPN
cblr-7807	48	24	.	.	PROPN
cblr-7807	48	25	irvine	irvine	PROPN
cblr-7807	48	26	l.	l.	PROPN
cblr-7807	48	27	rev	rev	PROPN
cblr-7807	48	28	.	.	PROPN
cblr-7807	48	29	991	991	NUM
cblr-7807	48	30	,	,	PUNCT
cblr-7807	48	31	993	993	NUM
cblr-7807	48	32	(	(	PUNCT
cblr-7807	48	33	2020	2020	NUM
cblr-7807	48	34	)	)	PUNCT
cblr-7807	48	35	(	(	PUNCT
cblr-7807	48	36	“	"	PUNCT
cblr-7807	48	37	over	over	ADP
cblr-7807	48	38	the	the	DET
cblr-7807	48	39	last	last	ADJ
cblr-7807	48	40	several	several	ADJ
cblr-7807	48	41	years	year	NOUN
cblr-7807	48	42	,	,	PUNCT
cblr-7807	48	43	some	some	PRON
cblr-7807	48	44	of	of	ADP
cblr-7807	48	45	the	the	DET
cblr-7807	48	46	most	most	ADV
cblr-7807	48	47	prominent	prominent	ADJ
cblr-7807	48	48	representatives	representative	NOUN
cblr-7807	48	49	of	of	ADP
cblr-7807	48	50	corporate	corporate	PROPN
cblr-7807	48	51	america	america	PROPN
cblr-7807	48	52	have	have	AUX
cblr-7807	48	53	argued	argue	VERB
cblr-7807	48	54	that	that	SCONJ
cblr-7807	48	55	the	the	DET
cblr-7807	48	56	pressure	pressure	NOUN
cblr-7807	48	57	of	of	ADP
cblr-7807	48	58	mandatory	mandatory	ADJ
cblr-7807	48	59	quarterly	quarterly	ADJ
cblr-7807	48	60	disclosure	disclosure	NOUN
cblr-7807	48	61	creates	create	VERB
cblr-7807	48	62	incentives	incentive	NOUN
cblr-7807	48	63	for	for	SCONJ
cblr-7807	48	64	public	public	ADJ
cblr-7807	48	65	corporations	corporation	NOUN
cblr-7807	48	66	to	to	PART
cblr-7807	48	67	focus	focus	VERB
cblr-7807	48	68	on	on	ADP
cblr-7807	48	69	meeting	meet	VERB
cblr-7807	48	70	the	the	DET
cblr-7807	48	71	short	short	ADJ
cblr-7807	48	72	-	-	PUNCT
cblr-7807	48	73	term	term	NOUN
cblr-7807	48	74	bainbridge	bainbridge	NOUN
cblr-7807	48	75	(	(	PUNCT
cblr-7807	48	76	comment	comment	NOUN
cblr-7807	48	77	)	)	PUNCT
cblr-7807	49	1	12/28/2020	12/28/2020	NUM
cblr-7807	49	2	3:25	3:25	NUM
cblr-7807	49	3	pm	pm	NOUN
cblr-7807	49	4	804	804	NUM
cblr-7807	49	5	columbia	columbia	PROPN
cblr-7807	49	6	business	business	NOUN
cblr-7807	49	7	law	law	PROPN
cblr-7807	49	8	review	review	NOUN
cblr-7807	49	9	[	[	X
cblr-7807	49	10	vol	vol	NOUN
cblr-7807	49	11	.	.	PUNCT
cblr-7807	49	12	2020	2020	NUM
cblr-7807	49	13	prominent	prominent	ADJ
cblr-7807	49	14	management	management	NOUN
cblr-7807	49	15	guru	guru	NOUN
cblr-7807	49	16	peter	peter	PROPN
cblr-7807	49	17	drucker	drucker	PROPN
cblr-7807	49	18	likewise	likewise	ADV
cblr-7807	49	19	complained	complain	VERB
cblr-7807	49	20	of	of	ADP
cblr-7807	49	21	outside	outside	ADJ
cblr-7807	49	22	pressures	pressure	NOUN
cblr-7807	49	23	leading	lead	VERB
cblr-7807	49	24	managers	manager	NOUN
cblr-7807	49	25	to	to	PART
cblr-7807	49	26	focus	focus	VERB
cblr-7807	49	27	on	on	ADP
cblr-7807	49	28	short	short	ADJ
cblr-7807	49	29	-	-	PUNCT
cblr-7807	49	30	term	term	NOUN
cblr-7807	49	31	results.7	results.7	NOUN
cblr-7807	49	32	former	former	ADJ
cblr-7807	49	33	delaware	delaware	PROPN
cblr-7807	49	34	supreme	supreme	PROPN
cblr-7807	49	35	court	court	PROPN
cblr-7807	49	36	justice	justice	PROPN
cblr-7807	49	37	jack	jack	PROPN
cblr-7807	49	38	jacobs	jacobs	PROPN
cblr-7807	49	39	contended	contend	VERB
cblr-7807	49	40	that	that	SCONJ
cblr-7807	49	41	pressure	pressure	NOUN
cblr-7807	49	42	on	on	ADP
cblr-7807	49	43	corporate	corporate	ADJ
cblr-7807	49	44	managers	manager	NOUN
cblr-7807	49	45	to	to	PART
cblr-7807	49	46	emphasize	emphasize	VERB
cblr-7807	49	47	short	short	ADJ
cblr-7807	49	48	-	-	PUNCT
cblr-7807	49	49	term	term	NOUN
cblr-7807	49	50	profits	profit	NOUN
cblr-7807	49	51	has	have	AUX
cblr-7807	49	52	put	put	VERB
cblr-7807	49	53	the	the	DET
cblr-7807	49	54	united	united	PROPN
cblr-7807	49	55	states	states	PROPN
cblr-7807	49	56	“	"	PUNCT
cblr-7807	49	57	on	on	ADP
cblr-7807	49	58	the	the	DET
cblr-7807	49	59	brink	brink	NOUN
cblr-7807	49	60	of	of	ADP
cblr-7807	49	61	losing	lose	VERB
cblr-7807	49	62	[	[	X
cblr-7807	49	63	its	its	PRON
cblr-7807	49	64	]	]	X
cblr-7807	49	65	premier	premier	NOUN
cblr-7807	49	66	position	position	NOUN
cblr-7807	49	67	,	,	PUNCT
cblr-7807	49	68	”	"	PUNCT
cblr-7807	49	69	as	as	ADP
cblr-7807	49	70	the	the	DET
cblr-7807	49	71	largest	large	ADJ
cblr-7807	49	72	global	global	ADJ
cblr-7807	49	73	economy	economy	NOUN
cblr-7807	49	74	,	,	PUNCT
cblr-7807	49	75	“	"	PUNCT
cblr-7807	49	76	if	if	SCONJ
cblr-7807	49	77	it	it	PRON
cblr-7807	49	78	has	have	VERB
cblr-7807	49	79	not	not	PART
cblr-7807	49	80	already	already	ADV
cblr-7807	49	81	.	.	PUNCT
cblr-7807	49	82	”8	”8	PUNCT
cblr-7807	50	1	this	this	DET
cblr-7807	50	2	consensus	consensus	NOUN
cblr-7807	50	3	has	have	VERB
cblr-7807	50	4	real	real	ADJ
cblr-7807	50	5	-	-	PUNCT
cblr-7807	50	6	world	world	NOUN
cblr-7807	50	7	consequences	consequence	NOUN
cblr-7807	50	8	.	.	PUNCT
cblr-7807	51	1	to	to	PART
cblr-7807	51	2	be	be	AUX
cblr-7807	51	3	sure	sure	ADJ
cblr-7807	51	4	,	,	PUNCT
cblr-7807	51	5	the	the	DET
cblr-7807	51	6	delaware	delaware	PROPN
cblr-7807	51	7	supreme	supreme	PROPN
cblr-7807	51	8	court	court	PROPN
cblr-7807	51	9	has	have	AUX
cblr-7807	51	10	indicated	indicate	VERB
cblr-7807	51	11	that	that	SCONJ
cblr-7807	51	12	“	"	PUNCT
cblr-7807	51	13	directors	director	NOUN
cblr-7807	51	14	,	,	PUNCT
cblr-7807	51	15	generally	generally	ADV
cblr-7807	51	16	,	,	PUNCT
cblr-7807	51	17	are	be	AUX
cblr-7807	51	18	obliged	oblige	VERB
cblr-7807	51	19	to	to	PART
cblr-7807	51	20	chart	chart	VERB
cblr-7807	51	21	a	a	DET
cblr-7807	51	22	course	course	NOUN
cblr-7807	51	23	for	for	ADP
cblr-7807	51	24	a	a	DET
cblr-7807	51	25	corporation	corporation	NOUN
cblr-7807	51	26	which	which	PRON
cblr-7807	51	27	is	be	AUX
cblr-7807	51	28	in	in	ADP
cblr-7807	51	29	its	its	PRON
cblr-7807	51	30	best	good	ADJ
cblr-7807	51	31	interests	interest	NOUN
cblr-7807	51	32	without	without	ADP
cblr-7807	51	33	regard	regard	NOUN
cblr-7807	51	34	to	to	ADP
cblr-7807	51	35	a	a	DET
cblr-7807	51	36	fixed	fix	VERB
cblr-7807	51	37	investment	investment	NOUN
cblr-7807	51	38	horizon	horizon	NOUN
cblr-7807	51	39	.	.	PUNCT
cblr-7807	51	40	”9	”9	PUNCT
cblr-7807	52	1	yet	yet	ADV
cblr-7807	52	2	,	,	PUNCT
cblr-7807	52	3	it	it	PRON
cblr-7807	52	4	is	be	AUX
cblr-7807	52	5	generally	generally	ADV
cblr-7807	52	6	understood	understand	VERB
cblr-7807	52	7	that	that	SCONJ
cblr-7807	52	8	corporate	corporate	ADJ
cblr-7807	52	9	directors	director	NOUN
cblr-7807	52	10	may	may	AUX
cblr-7807	52	11	put	put	VERB
cblr-7807	52	12	the	the	DET
cblr-7807	52	13	interests	interest	NOUN
cblr-7807	52	14	of	of	ADP
cblr-7807	52	15	corporate	corporate	ADJ
cblr-7807	52	16	stakeholders	stakeholder	NOUN
cblr-7807	52	17	ahead	ahead	ADV
cblr-7807	52	18	of	of	ADP
cblr-7807	52	19	the	the	DET
cblr-7807	52	20	short	short	ADJ
cblr-7807	52	21	-	-	PUNCT
cblr-7807	52	22	term	term	NOUN
cblr-7807	52	23	interests	interest	NOUN
cblr-7807	52	24	of	of	ADP
cblr-7807	52	25	shareholders	shareholder	NOUN
cblr-7807	52	26	,	,	PUNCT
cblr-7807	52	27	for	for	ADP
cblr-7807	52	28	example	example	NOUN
cblr-7807	52	29	,	,	PUNCT
cblr-7807	52	30	as	as	ADV
cblr-7807	52	31	long	long	ADV
cblr-7807	52	32	as	as	SCONJ
cblr-7807	52	33	doing	do	VERB
cblr-7807	52	34	so	so	ADV
cblr-7807	52	35	contributes	contribute	VERB
cblr-7807	52	36	to	to	ADP
cblr-7807	52	37	long	long	ADJ
cblr-7807	52	38	-	-	PUNCT
cblr-7807	52	39	term	term	NOUN
cblr-7807	52	40	shareholder	shareholder	NOUN
cblr-7807	52	41	expectations	expectation	NOUN
cblr-7807	52	42	of	of	ADP
cblr-7807	52	43	the	the	DET
cblr-7807	52	44	market	market	NOUN
cblr-7807	52	45	rather	rather	ADV
cblr-7807	52	46	than	than	ADP
cblr-7807	52	47	developing	develop	VERB
cblr-7807	52	48	businesses	business	NOUN
cblr-7807	52	49	that	that	PRON
cblr-7807	52	50	prosper	prosper	VERB
cblr-7807	52	51	over	over	ADP
cblr-7807	52	52	the	the	DET
cblr-7807	52	53	long	long	ADJ
cblr-7807	52	54	-	-	PUNCT
cblr-7807	52	55	term	term	NOUN
cblr-7807	52	56	and	and	CCONJ
cblr-7807	52	57	make	make	VERB
cblr-7807	52	58	positive	positive	ADJ
cblr-7807	52	59	contributions	contribution	NOUN
cblr-7807	52	60	to	to	ADP
cblr-7807	52	61	society	society	NOUN
cblr-7807	52	62	.	.	PUNCT
cblr-7807	52	63	”	"	PUNCT
cblr-7807	52	64	)	)	PUNCT
cblr-7807	52	65	;	;	PUNCT
cblr-7807	52	66	see	see	VERB
cblr-7807	52	67	also	also	ADV
cblr-7807	52	68	jesse	jesse	PROPN
cblr-7807	52	69	m.	m.	PROPN
cblr-7807	52	70	fried	fried	PROPN
cblr-7807	52	71	,	,	PUNCT
cblr-7807	52	72	the	the	DET
cblr-7807	52	73	uneasy	uneasy	ADJ
cblr-7807	52	74	case	case	NOUN
cblr-7807	52	75	for	for	ADP
cblr-7807	52	76	favoring	favor	VERB
cblr-7807	52	77	long	long	ADJ
cblr-7807	52	78	-	-	PUNCT
cblr-7807	52	79	term	term	NOUN
cblr-7807	52	80	shareholders	shareholder	NOUN
cblr-7807	52	81	,	,	PUNCT
cblr-7807	52	82	124	124	NUM
cblr-7807	52	83	yale	yale	PROPN
cblr-7807	52	84	l.j	l.j	PROPN
cblr-7807	52	85	.	.	PROPN
cblr-7807	52	86	1554	1554	NUM
cblr-7807	52	87	,	,	PUNCT
cblr-7807	52	88	1558	1558	NUM
cblr-7807	52	89	(	(	PUNCT
cblr-7807	52	90	2015	2015	NUM
cblr-7807	52	91	)	)	PUNCT
cblr-7807	52	92	(	(	PUNCT
cblr-7807	52	93	defining	define	VERB
cblr-7807	52	94	short	short	ADJ
cblr-7807	52	95	-	-	PUNCT
cblr-7807	52	96	termism	termism	NOUN
cblr-7807	52	97	as	as	ADP
cblr-7807	52	98	“	"	PUNCT
cblr-7807	52	99	taking	take	VERB
cblr-7807	52	100	steps	step	NOUN
cblr-7807	52	101	that	that	PRON
cblr-7807	52	102	boost	boost	VERB
cblr-7807	52	103	the	the	DET
cblr-7807	52	104	short	short	ADJ
cblr-7807	52	105	-	-	PUNCT
cblr-7807	52	106	term	term	NOUN
cblr-7807	52	107	stock	stock	NOUN
cblr-7807	52	108	price	price	NOUN
cblr-7807	52	109	but	but	CCONJ
cblr-7807	52	110	reduce	reduce	VERB
cblr-7807	52	111	the	the	DET
cblr-7807	52	112	economic	economic	ADJ
cblr-7807	52	113	value	value	NOUN
cblr-7807	52	114	created	create	VERB
cblr-7807	52	115	by	by	ADP
cblr-7807	52	116	the	the	DET
cblr-7807	52	117	firm	firm	NOUN
cblr-7807	52	118	over	over	ADP
cblr-7807	52	119	the	the	DET
cblr-7807	52	120	long	long	ADJ
cblr-7807	52	121	term	term	NOUN
cblr-7807	52	122	”	"	PUNCT
cblr-7807	52	123	)	)	PUNCT
cblr-7807	52	124	.	.	PUNCT
cblr-7807	53	1	7	7	NUM
cblr-7807	53	2	see	see	VERB
cblr-7807	53	3	peter	peter	PROPN
cblr-7807	53	4	f.	f.	PROPN
cblr-7807	53	5	drucker	drucker	PROPN
cblr-7807	53	6	,	,	PUNCT
cblr-7807	53	7	editorial	editorial	NOUN
cblr-7807	53	8	,	,	PUNCT
cblr-7807	53	9	a	a	DET
cblr-7807	53	10	crisis	crisis	NOUN
cblr-7807	53	11	of	of	ADP
cblr-7807	53	12	capitalism	capitalism	NOUN
cblr-7807	53	13	,	,	PUNCT
cblr-7807	53	14	wall	wall	PROPN
cblr-7807	53	15	st	st	PROPN
cblr-7807	53	16	.	.	PROPN
cblr-7807	53	17	j.	j.	PROPN
cblr-7807	53	18	,	,	PUNCT
cblr-7807	53	19	sept	sept	PROPN
cblr-7807	53	20	.	.	PROPN
cblr-7807	53	21	30	30	NUM
cblr-7807	53	22	,	,	PUNCT
cblr-7807	53	23	1986	1986	NUM
cblr-7807	53	24	,	,	PUNCT
cblr-7807	53	25	at	at	ADP
cblr-7807	53	26	a32	a32	PROPN
cblr-7807	53	27	(	(	PUNCT
cblr-7807	53	28	contending	contend	VERB
cblr-7807	53	29	that	that	SCONJ
cblr-7807	53	30	various	various	ADJ
cblr-7807	53	31	external	external	ADJ
cblr-7807	53	32	forces	force	NOUN
cblr-7807	53	33	pressure	pressure	VERB
cblr-7807	53	34	corporate	corporate	ADJ
cblr-7807	53	35	managers	manager	NOUN
cblr-7807	53	36	to	to	PART
cblr-7807	53	37	emphasize	emphasize	VERB
cblr-7807	53	38	short	short	ADJ
cblr-7807	53	39	-	-	PUNCT
cblr-7807	53	40	term	term	NOUN
cblr-7807	53	41	results	result	NOUN
cblr-7807	53	42	at	at	ADP
cblr-7807	53	43	the	the	DET
cblr-7807	53	44	expense	expense	NOUN
cblr-7807	53	45	of	of	ADP
cblr-7807	53	46	sustainable	sustainable	ADJ
cblr-7807	53	47	long	long	ADJ
cblr-7807	53	48	-	-	PUNCT
cblr-7807	53	49	term	term	NOUN
cblr-7807	53	50	gains	gain	NOUN
cblr-7807	53	51	)	)	PUNCT
cblr-7807	53	52	.	.	PUNCT
cblr-7807	54	1	8	8	NUM
cblr-7807	54	2	jack	jack	PROPN
cblr-7807	54	3	b.	b.	PROPN
cblr-7807	54	4	jacobs	jacobs	PROPN
cblr-7807	54	5	,	,	PUNCT
cblr-7807	54	6	“	"	PUNCT
cblr-7807	54	7	patient	patient	ADJ
cblr-7807	54	8	capital	capital	NOUN
cblr-7807	54	9	”	"	PUNCT
cblr-7807	54	10	:	:	PUNCT
cblr-7807	54	11	can	can	AUX
cblr-7807	54	12	delaware	delaware	PROPN
cblr-7807	54	13	corporate	corporate	ADJ
cblr-7807	54	14	law	law	NOUN
cblr-7807	54	15	help	help	AUX
cblr-7807	54	16	revive	revive	VERB
cblr-7807	54	17	it	it	PRON
cblr-7807	54	18	?	?	PUNCT
cblr-7807	54	19	,	,	PUNCT
cblr-7807	54	20	68	68	NUM
cblr-7807	54	21	wash	wash	NOUN
cblr-7807	54	22	.	.	PUNCT
cblr-7807	55	1	&	&	CCONJ
cblr-7807	55	2	lee	lee	PROPN
cblr-7807	55	3	l.	l.	PROPN
cblr-7807	55	4	rev	rev	PROPN
cblr-7807	55	5	.	.	PROPN
cblr-7807	55	6	1645	1645	NUM
cblr-7807	55	7	,	,	PUNCT
cblr-7807	55	8	1649	1649	NUM
cblr-7807	55	9	(	(	PUNCT
cblr-7807	55	10	2011	2011	NUM
cblr-7807	55	11	)	)	PUNCT
cblr-7807	55	12	.	.	PUNCT
cblr-7807	56	1	see	see	VERB
cblr-7807	56	2	also	also	ADV
cblr-7807	56	3	k.j	k.j	PROPN
cblr-7807	56	4	.	.	PUNCT
cblr-7807	57	1	martijn	martijn	PROPN
cblr-7807	57	2	cremers	cremers	PROPN
cblr-7807	57	3	,	,	PUNCT
cblr-7807	57	4	saura	saura	PROPN
cblr-7807	57	5	masconale	masconale	PROPN
cblr-7807	57	6	&	&	CCONJ
cblr-7807	57	7	simone	simone	PROPN
cblr-7807	57	8	m.	m.	PROPN
cblr-7807	57	9	sepe	sepe	PROPN
cblr-7807	57	10	,	,	PUNCT
cblr-7807	57	11	commitment	commitment	NOUN
cblr-7807	57	12	and	and	CCONJ
cblr-7807	57	13	entrenchment	entrenchment	NOUN
cblr-7807	57	14	in	in	ADP
cblr-7807	57	15	corporate	corporate	ADJ
cblr-7807	57	16	governance	governance	NOUN
cblr-7807	57	17	,	,	PUNCT
cblr-7807	57	18	110	110	NUM
cblr-7807	57	19	nw	nw	NOUN
cblr-7807	57	20	.	.	PUNCT
cblr-7807	57	21	u.	u.	PROPN
cblr-7807	57	22	l.	l.	PROPN
cblr-7807	57	23	rev	rev	PROPN
cblr-7807	57	24	.	.	PROPN
cblr-7807	57	25	727	727	NUM
cblr-7807	57	26	,	,	PUNCT
cblr-7807	57	27	749	749	NUM
cblr-7807	57	28	(	(	PUNCT
cblr-7807	57	29	2016	2016	NUM
cblr-7807	57	30	)	)	PUNCT
cblr-7807	57	31	(	(	PUNCT
cblr-7807	57	32	“	"	PUNCT
cblr-7807	57	33	[	[	X
cblr-7807	57	34	m]yopia	m]yopia	PROPN
cblr-7807	57	35	models	model	NOUN
cblr-7807	57	36	suggested	suggest	VERB
cblr-7807	57	37	that	that	SCONJ
cblr-7807	57	38	an	an	DET
cblr-7807	57	39	excessive	excessive	ADJ
cblr-7807	57	40	focus	focus	NOUN
cblr-7807	57	41	on	on	ADP
cblr-7807	57	42	stock	stock	NOUN
cblr-7807	57	43	market	market	NOUN
cblr-7807	57	44	results	result	NOUN
cblr-7807	57	45	,	,	PUNCT
cblr-7807	57	46	combined	combine	VERB
cblr-7807	57	47	with	with	ADP
cblr-7807	57	48	imperfectly	imperfectly	ADV
cblr-7807	57	49	informative	informative	ADJ
cblr-7807	57	50	market	market	NOUN
cblr-7807	57	51	prices	price	NOUN
cblr-7807	57	52	,	,	PUNCT
cblr-7807	57	53	could	could	AUX
cblr-7807	57	54	induce	induce	VERB
cblr-7807	57	55	managers	manager	NOUN
cblr-7807	57	56	to	to	PART
cblr-7807	57	57	privilege	privilege	VERB
cblr-7807	57	58	short	short	ADJ
cblr-7807	57	59	-	-	PUNCT
cblr-7807	57	60	term	term	NOUN
cblr-7807	57	61	stock	stock	NOUN
cblr-7807	57	62	price	price	NOUN
cblr-7807	57	63	gains	gain	NOUN
cblr-7807	57	64	over	over	ADP
cblr-7807	57	65	long	long	ADJ
cblr-7807	57	66	-	-	PUNCT
cblr-7807	57	67	term	term	NOUN
cblr-7807	57	68	cash	cash	NOUN
cblr-7807	57	69	flows	flow	NOUN
cblr-7807	57	70	.	.	PUNCT
cblr-7807	57	71	”	"	PUNCT
cblr-7807	57	72	)	)	PUNCT
cblr-7807	57	73	;	;	PUNCT
cblr-7807	57	74	james	james	PROPN
cblr-7807	57	75	cameron	cameron	PROPN
cblr-7807	57	76	spindler	spindler	PROPN
cblr-7807	57	77	,	,	PUNCT
cblr-7807	57	78	vicarious	vicarious	ADJ
cblr-7807	57	79	liability	liability	NOUN
cblr-7807	57	80	for	for	ADP
cblr-7807	57	81	managerial	managerial	ADJ
cblr-7807	57	82	myopia	myopia	NOUN
cblr-7807	57	83	,	,	PUNCT
cblr-7807	57	84	46	46	NUM
cblr-7807	57	85	j.	j.	PROPN
cblr-7807	57	86	legal	legal	ADJ
cblr-7807	57	87	stud	stud	NOUN
cblr-7807	57	88	.	.	PUNCT
cblr-7807	58	1	161	161	NUM
cblr-7807	58	2	,	,	PUNCT
cblr-7807	58	3	167	167	NUM
cblr-7807	58	4	(	(	PUNCT
cblr-7807	58	5	2017	2017	NUM
cblr-7807	58	6	)	)	PUNCT
cblr-7807	58	7	(	(	PUNCT
cblr-7807	58	8	“	"	PUNCT
cblr-7807	58	9	the	the	DET
cblr-7807	58	10	assumption	assumption	NOUN
cblr-7807	58	11	of	of	ADP
cblr-7807	58	12	managerial	managerial	ADJ
cblr-7807	58	13	myopia	myopia	NOUN
cblr-7807	58	14	is	be	AUX
cblr-7807	58	15	common	common	ADJ
cblr-7807	58	16	in	in	ADP
cblr-7807	58	17	the	the	DET
cblr-7807	58	18	literature	literature	NOUN
cblr-7807	58	19	on	on	ADP
cblr-7807	58	20	securities	security	NOUN
cblr-7807	58	21	fraud	fraud	NOUN
cblr-7807	58	22	:	:	PUNCT
cblr-7807	58	23	it	it	PRON
cblr-7807	58	24	is	be	AUX
cblr-7807	58	25	presumed	presume	VERB
cblr-7807	58	26	that	that	SCONJ
cblr-7807	58	27	managers	manager	NOUN
cblr-7807	58	28	are	be	AUX
cblr-7807	58	29	not	not	PART
cblr-7807	58	30	in	in	ADP
cblr-7807	58	31	it	it	PRON
cblr-7807	58	32	for	for	ADP
cblr-7807	58	33	the	the	DET
cblr-7807	58	34	long	long	ADJ
cblr-7807	58	35	term	term	NOUN
cblr-7807	58	36	and	and	CCONJ
cblr-7807	58	37	may	may	AUX
cblr-7807	58	38	maximize	maximize	VERB
cblr-7807	58	39	short	short	ADJ
cblr-7807	58	40	-	-	PUNCT
cblr-7807	58	41	term	term	NOUN
cblr-7807	58	42	stock	stock	NOUN
cblr-7807	58	43	price	price	NOUN
cblr-7807	58	44	at	at	ADP
cblr-7807	58	45	the	the	DET
cblr-7807	58	46	expense	expense	NOUN
cblr-7807	58	47	of	of	ADP
cblr-7807	58	48	long	long	ADJ
cblr-7807	58	49	-	-	PUNCT
cblr-7807	58	50	term	term	NOUN
cblr-7807	58	51	stock	stock	NOUN
cblr-7807	58	52	price	price	NOUN
cblr-7807	58	53	and	and	CCONJ
cblr-7807	58	54	performance	performance	NOUN
cblr-7807	58	55	.	.	PUNCT
cblr-7807	58	56	”	"	PUNCT
cblr-7807	59	1	(	(	PUNCT
cblr-7807	59	2	citations	citation	NOUN
cblr-7807	59	3	and	and	CCONJ
cblr-7807	59	4	footnote	footnote	VERB
cblr-7807	59	5	omitted	omit	VERB
cblr-7807	59	6	)	)	PUNCT
cblr-7807	59	7	)	)	PUNCT
cblr-7807	59	8	.	.	PUNCT
cblr-7807	60	1	9	9	NUM
cblr-7807	60	2	paramount	paramount	ADJ
cblr-7807	60	3	commc’ns	commc’ns	PROPN
cblr-7807	60	4	,	,	PUNCT
cblr-7807	60	5	inc	inc	PROPN
cblr-7807	60	6	.	.	PROPN
cblr-7807	60	7	v.	v.	PROPN
cblr-7807	60	8	time	time	PROPN
cblr-7807	60	9	inc	inc	PROPN
cblr-7807	60	10	.	.	PROPN
cblr-7807	60	11	,	,	PUNCT
cblr-7807	60	12	571	571	NUM
cblr-7807	60	13	a.2d	a.2d	SYM
cblr-7807	60	14	1140	1140	NUM
cblr-7807	60	15	,	,	PUNCT
cblr-7807	60	16	1150	1150	NUM
cblr-7807	60	17	(	(	PUNCT
cblr-7807	60	18	del	del	PROPN
cblr-7807	60	19	.	.	PROPN
cblr-7807	60	20	1989	1989	NUM
cblr-7807	60	21	)	)	PUNCT
cblr-7807	60	22	.	.	PUNCT
cblr-7807	61	1	bainbridge	bainbridge	PROPN
cblr-7807	61	2	(	(	PUNCT
cblr-7807	61	3	comment	comment	NOUN
cblr-7807	61	4	)	)	PUNCT
cblr-7807	61	5	12/28/2020	12/28/2020	NUM
cblr-7807	61	6	3:25	3:25	NUM
cblr-7807	61	7	pm	pm	NOUN
cblr-7807	61	8	no	no	INTJ
cblr-7807	61	9	.	.	PUNCT
cblr-7807	62	1	3:801	3:801	NUM
cblr-7807	62	2	]	]	X
cblr-7807	62	3	long	long	ADJ
cblr-7807	62	4	-	-	PUNCT
cblr-7807	62	5	term	term	NOUN
cblr-7807	62	6	bias	bias	NOUN
cblr-7807	62	7	and	and	CCONJ
cblr-7807	62	8	director	director	NOUN
cblr-7807	62	9	primacy	primacy	NOUN
cblr-7807	62	10	805	805	NUM
cblr-7807	62	11	gains.10	gains.10	NOUN
cblr-7807	62	12	in	in	ADP
cblr-7807	62	13	a	a	DET
cblr-7807	62	14	more	more	ADV
cblr-7807	62	15	recent	recent	ADJ
cblr-7807	62	16	development	development	NOUN
cblr-7807	62	17	,	,	PUNCT
cblr-7807	62	18	president	president	NOUN
cblr-7807	62	19	trump	trump	NOUN
cblr-7807	62	20	asked	ask	VERB
cblr-7807	62	21	the	the	DET
cblr-7807	62	22	sec	sec	PROPN
cblr-7807	62	23	to	to	PART
cblr-7807	62	24	consider	consider	VERB
cblr-7807	62	25	abandoning	abandon	VERB
cblr-7807	62	26	the	the	DET
cblr-7807	62	27	longstanding	longstanding	ADJ
cblr-7807	62	28	requirement	requirement	NOUN
cblr-7807	62	29	of	of	ADP
cblr-7807	62	30	quarterly	quarterly	ADJ
cblr-7807	62	31	financial	financial	ADJ
cblr-7807	62	32	disclosure	disclosure	NOUN
cblr-7807	62	33	so	so	SCONJ
cblr-7807	62	34	as	as	SCONJ
cblr-7807	62	35	to	to	PART
cblr-7807	62	36	relieve	relieve	VERB
cblr-7807	62	37	corporate	corporate	ADJ
cblr-7807	62	38	managers	manager	NOUN
cblr-7807	62	39	of	of	ADP
cblr-7807	62	40	pressures	pressure	NOUN
cblr-7807	62	41	to	to	PART
cblr-7807	62	42	emphasize	emphasize	VERB
cblr-7807	62	43	the	the	DET
cblr-7807	62	44	short	short	ADJ
cblr-7807	62	45	term	term	NOUN
cblr-7807	62	46	,	,	PUNCT
cblr-7807	62	47	a	a	DET
cblr-7807	62	48	position	position	NOUN
cblr-7807	62	49	shared	share	VERB
cblr-7807	62	50	by	by	ADP
cblr-7807	62	51	a	a	DET
cblr-7807	62	52	number	number	NOUN
cblr-7807	62	53	of	of	ADP
cblr-7807	62	54	prominent	prominent	ADJ
cblr-7807	62	55	lawyers	lawyer	NOUN
cblr-7807	62	56	and	and	CCONJ
cblr-7807	62	57	business	business	NOUN
cblr-7807	62	58	leaders.11	leaders.11	VERB
cblr-7807	62	59	into	into	ADP
cblr-7807	62	60	this	this	DET
cblr-7807	62	61	debate	debate	NOUN
cblr-7807	62	62	come	come	VERB
cblr-7807	62	63	professors	professor	NOUN
cblr-7807	62	64	michal	michal	PROPN
cblr-7807	62	65	barzuza	barzuza	PROPN
cblr-7807	62	66	and	and	CCONJ
cblr-7807	62	67	eric	eric	PROPN
cblr-7807	62	68	talley	talley	PROPN
cblr-7807	62	69	with	with	ADP
cblr-7807	62	70	their	their	PRON
cblr-7807	62	71	article	article	NOUN
cblr-7807	62	72	,	,	PUNCT
cblr-7807	62	73	long	long	ADJ
cblr-7807	62	74	-	-	PUNCT
cblr-7807	62	75	term	term	NOUN
cblr-7807	62	76	bias	bias	NOUN
cblr-7807	62	77	,	,	PUNCT
cblr-7807	62	78	which	which	PRON
cblr-7807	62	79	argues	argue	VERB
cblr-7807	62	80	not	not	PART
cblr-7807	62	81	only	only	ADV
cblr-7807	62	82	that	that	PRON
cblr-7807	62	83	corporate	corporate	ADJ
cblr-7807	62	84	managers	manager	NOUN
cblr-7807	62	85	can	can	AUX
cblr-7807	62	86	be	be	AUX
cblr-7807	62	87	biased	bias	VERB
cblr-7807	62	88	in	in	ADP
cblr-7807	62	89	favor	favor	NOUN
cblr-7807	62	90	of	of	ADP
cblr-7807	62	91	the	the	DET
cblr-7807	62	92	long	long	ADJ
cblr-7807	62	93	term	term	NOUN
cblr-7807	62	94	,	,	PUNCT
cblr-7807	62	95	but	but	CCONJ
cblr-7807	62	96	also	also	ADV
cblr-7807	62	97	that	that	SCONJ
cblr-7807	62	98	a	a	DET
cblr-7807	62	99	focus	focus	NOUN
cblr-7807	62	100	on	on	ADP
cblr-7807	62	101	the	the	DET
cblr-7807	62	102	long	long	ADJ
cblr-7807	62	103	term	term	NOUN
cblr-7807	62	104	may	may	AUX
cblr-7807	62	105	be	be	AUX
cblr-7807	62	106	just	just	ADV
cblr-7807	62	107	as	as	ADV
cblr-7807	62	108	detrimental	detrimental	ADJ
cblr-7807	62	109	as	as	SCONJ
cblr-7807	62	110	the	the	DET
cblr-7807	62	111	more	more	ADV
cblr-7807	62	112	widely	widely	ADV
cblr-7807	62	113	condemned	condemn	VERB
cblr-7807	62	114	short	short	ADJ
cblr-7807	62	115	-	-	PUNCT
cblr-7807	62	116	term	term	NOUN
cblr-7807	62	117	bias.12	bias.12	NOUN
cblr-7807	62	118	barzuza	barzuza	NOUN
cblr-7807	62	119	and	and	CCONJ
cblr-7807	62	120	talley	talley	NOUN
cblr-7807	62	121	’s	’s	PART
cblr-7807	62	122	argument	argument	NOUN
cblr-7807	62	123	rests	rest	VERB
cblr-7807	62	124	on	on	ADP
cblr-7807	62	125	one	one	NUM
cblr-7807	62	126	of	of	ADP
cblr-7807	62	127	the	the	DET
cblr-7807	62	128	systematic	systematic	ADJ
cblr-7807	62	129	biases	bias	NOUN
cblr-7807	62	130	to	to	PART
cblr-7807	62	131	which	which	PRON
cblr-7807	62	132	behavioral	behavioral	ADJ
cblr-7807	62	133	economics	economic	NOUN
cblr-7807	62	134	has	have	AUX
cblr-7807	62	135	demonstrated	demonstrate	VERB
cblr-7807	62	136	decisionmakers	decisionmaker	NOUN
cblr-7807	62	137	are	be	AUX
cblr-7807	62	138	subject	subject	ADJ
cblr-7807	62	139	:	:	PUNCT
cblr-7807	62	140	the	the	DET
cblr-7807	62	141	overconfidence	overconfidence	NOUN
cblr-7807	62	142	10	10	NUM
cblr-7807	62	143	principles	principle	NOUN
cblr-7807	62	144	of	of	ADP
cblr-7807	62	145	corp	corp	PROPN
cblr-7807	62	146	.	.	PROPN
cblr-7807	62	147	governance	governance	PROPN
cblr-7807	62	148	:	:	PUNCT
cblr-7807	62	149	analysis	analysis	NOUN
cblr-7807	62	150	and	and	CCONJ
cblr-7807	62	151	recommendations	recommendation	NOUN
cblr-7807	62	152	§	§	PROPN
cblr-7807	62	153	2.01	2.01	NUM
cblr-7807	62	154	cmt	cmt	NOUN
cblr-7807	62	155	.	.	PUNCT
cblr-7807	63	1	f	f	PROPN
cblr-7807	63	2	(	(	PUNCT
cblr-7807	63	3	am	am	PROPN
cblr-7807	63	4	.	.	PUNCT
cblr-7807	64	1	l.	l.	PROPN
cblr-7807	64	2	inst	inst	PROPN
cblr-7807	64	3	.	.	PROPN
cblr-7807	64	4	1994	1994	NUM
cblr-7807	64	5	)	)	PUNCT
cblr-7807	64	6	(	(	PUNCT
cblr-7807	64	7	“	"	PUNCT
cblr-7807	64	8	short	short	ADJ
cblr-7807	64	9	-	-	PUNCT
cblr-7807	64	10	term	term	NOUN
cblr-7807	64	11	profits	profit	NOUN
cblr-7807	64	12	may	may	AUX
cblr-7807	64	13	properly	properly	ADV
cblr-7807	64	14	be	be	AUX
cblr-7807	64	15	subordinated	subordinate	VERB
cblr-7807	64	16	to	to	PART
cblr-7807	64	17	recognition	recognition	VERB
cblr-7807	64	18	that	that	SCONJ
cblr-7807	64	19	responsible	responsible	ADJ
cblr-7807	64	20	maintenance	maintenance	NOUN
cblr-7807	64	21	of	of	ADP
cblr-7807	64	22	these	these	DET
cblr-7807	64	23	interdependencies	interdependency	NOUN
cblr-7807	64	24	is	be	AUX
cblr-7807	64	25	likely	likely	ADJ
cblr-7807	64	26	to	to	PART
cblr-7807	64	27	contribute	contribute	VERB
cblr-7807	64	28	to	to	ADP
cblr-7807	64	29	long	long	ADJ
cblr-7807	64	30	-	-	PUNCT
cblr-7807	64	31	term	term	NOUN
cblr-7807	64	32	corporate	corporate	ADJ
cblr-7807	64	33	profit	profit	NOUN
cblr-7807	64	34	and	and	CCONJ
cblr-7807	64	35	shareholder	shareholder	NOUN
cblr-7807	64	36	gain	gain	NOUN
cblr-7807	64	37	.	.	PUNCT
cblr-7807	64	38	”	"	PUNCT
cblr-7807	64	39	)	)	PUNCT
cblr-7807	64	40	.	.	PUNCT
cblr-7807	65	1	11	11	NUM
cblr-7807	65	2	see	see	VERB
cblr-7807	65	3	park	park	NOUN
cblr-7807	65	4	,	,	PUNCT
cblr-7807	65	5	supra	supra	PROPN
cblr-7807	65	6	note	note	PROPN
cblr-7807	65	7	6	6	NUM
cblr-7807	65	8	,	,	PUNCT
cblr-7807	65	9	at	at	ADP
cblr-7807	65	10	993–94	993–94	NOUN
cblr-7807	65	11	(	(	PUNCT
cblr-7807	65	12	describing	describe	VERB
cblr-7807	65	13	trump	trump	NOUN
cblr-7807	65	14	’s	’s	PART
cblr-7807	65	15	request	request	NOUN
cblr-7807	65	16	and	and	CCONJ
cblr-7807	65	17	the	the	DET
cblr-7807	65	18	sec	sec	PROPN
cblr-7807	65	19	’s	’s	PART
cblr-7807	65	20	response	response	NOUN
cblr-7807	65	21	)	)	PUNCT
cblr-7807	65	22	.	.	PUNCT
cblr-7807	66	1	professor	professor	NOUN
cblr-7807	66	2	park	park	NOUN
cblr-7807	66	3	notes	note	VERB
cblr-7807	66	4	support	support	VERB
cblr-7807	66	5	for	for	ADP
cblr-7807	66	6	eliminating	eliminate	VERB
cblr-7807	66	7	or	or	CCONJ
cblr-7807	66	8	reducing	reduce	VERB
cblr-7807	66	9	quarterly	quarterly	ADJ
cblr-7807	66	10	disclosure	disclosure	NOUN
cblr-7807	66	11	among	among	ADP
cblr-7807	66	12	commentators	commentator	NOUN
cblr-7807	66	13	,	,	PUNCT
cblr-7807	66	14	lawyers	lawyer	NOUN
cblr-7807	66	15	,	,	PUNCT
cblr-7807	66	16	and	and	CCONJ
cblr-7807	66	17	business	business	NOUN
cblr-7807	66	18	leaders	leader	NOUN
cblr-7807	66	19	:	:	PUNCT
cblr-7807	66	20	martin	martin	PROPN
cblr-7807	66	21	lipton	lipton	PROPN
cblr-7807	66	22	,	,	PUNCT
cblr-7807	66	23	the	the	DET
cblr-7807	66	24	prominent	prominent	ADJ
cblr-7807	66	25	corporate	corporate	ADJ
cblr-7807	66	26	lawyer	lawyer	NOUN
cblr-7807	66	27	,	,	PUNCT
cblr-7807	66	28	is	be	AUX
cblr-7807	66	29	a	a	DET
cblr-7807	66	30	longtime	longtime	ADJ
cblr-7807	66	31	critic	critic	NOUN
cblr-7807	66	32	of	of	ADP
cblr-7807	66	33	short	short	ADJ
cblr-7807	66	34	-	-	PUNCT
cblr-7807	66	35	termism	termism	NOUN
cblr-7807	66	36	and	and	CCONJ
cblr-7807	66	37	proposed	propose	VERB
cblr-7807	66	38	eliminating	eliminate	VERB
cblr-7807	66	39	quarterly	quarterly	ADJ
cblr-7807	66	40	disclosure	disclosure	NOUN
cblr-7807	66	41	in	in	ADP
cblr-7807	66	42	2015	2015	NUM
cblr-7807	66	43	.	.	PUNCT
cblr-7807	67	1	in	in	ADP
cblr-7807	67	2	2018	2018	NUM
cblr-7807	67	3	,	,	PUNCT
cblr-7807	67	4	jamie	jamie	PROPN
cblr-7807	67	5	dimon	dimon	PROPN
cblr-7807	67	6	,	,	PUNCT
cblr-7807	67	7	the	the	DET
cblr-7807	67	8	ceo	ceo	NOUN
cblr-7807	67	9	of	of	ADP
cblr-7807	67	10	j.p	j.p	PROPN
cblr-7807	67	11	.	.	PROPN
cblr-7807	67	12	morgan	morgan	PROPN
cblr-7807	67	13	,	,	PUNCT
cblr-7807	67	14	and	and	CCONJ
cblr-7807	67	15	the	the	DET
cblr-7807	67	16	legendary	legendary	ADJ
cblr-7807	67	17	investor	investor	NOUN
cblr-7807	67	18	warren	warren	PROPN
cblr-7807	67	19	buffett	buffett	PROPN
cblr-7807	67	20	proposed	propose	VERB
cblr-7807	67	21	that	that	SCONJ
cblr-7807	67	22	companies	company	NOUN
cblr-7807	67	23	no	no	ADV
cblr-7807	67	24	longer	long	ADV
cblr-7807	67	25	issue	issue	VERB
cblr-7807	67	26	guidance	guidance	NOUN
cblr-7807	67	27	about	about	ADP
cblr-7807	67	28	their	their	PRON
cblr-7807	67	29	earnings	earning	NOUN
cblr-7807	67	30	.	.	PUNCT
cblr-7807	68	1	periodically	periodically	ADV
cblr-7807	68	2	,	,	PUNCT
cblr-7807	68	3	commentators	commentator	NOUN
cblr-7807	68	4	have	have	AUX
cblr-7807	68	5	observed	observe	VERB
cblr-7807	68	6	that	that	SCONJ
cblr-7807	68	7	the	the	DET
cblr-7807	68	8	focus	focus	NOUN
cblr-7807	68	9	of	of	ADP
cblr-7807	68	10	markets	market	NOUN
cblr-7807	68	11	on	on	ADP
cblr-7807	68	12	quarterly	quarterly	ADJ
cblr-7807	68	13	earnings	earning	NOUN
cblr-7807	68	14	results	result	NOUN
cblr-7807	68	15	in	in	ADP
cblr-7807	68	16	short	short	ADJ
cblr-7807	68	17	-	-	PUNCT
cblr-7807	68	18	termism	termism	NOUN
cblr-7807	68	19	.	.	PUNCT
cblr-7807	69	1	i	i	PRON
cblr-7807	69	2	d.	d.	PROPN
cblr-7807	69	3	at	at	ADP
cblr-7807	69	4	993	993	NUM
cblr-7807	69	5	n.3	n.3	NOUN
cblr-7807	69	6	(	(	PUNCT
cblr-7807	69	7	citations	citation	NOUN
cblr-7807	69	8	omitted	omit	VERB
cblr-7807	69	9	)	)	PUNCT
cblr-7807	69	10	.	.	PUNCT
cblr-7807	70	1	a	a	DET
cblr-7807	70	2	2014	2014	NUM
cblr-7807	70	3	survey	survey	NOUN
cblr-7807	70	4	of	of	ADP
cblr-7807	70	5	pension	pension	NOUN
cblr-7807	70	6	fund	fund	NOUN
cblr-7807	70	7	investors	investor	NOUN
cblr-7807	70	8	“	"	PUNCT
cblr-7807	70	9	found	find	VERB
cblr-7807	70	10	that	that	SCONJ
cblr-7807	70	11	most	most	ADV
cblr-7807	70	12	favored	favor	VERB
cblr-7807	70	13	semiannual	semiannual	ADJ
cblr-7807	70	14	or	or	CCONJ
cblr-7807	70	15	annual	annual	ADJ
cblr-7807	70	16	over	over	ADP
cblr-7807	70	17	quarterly	quarterly	ADJ
cblr-7807	70	18	reporting	reporting	NOUN
cblr-7807	70	19	,	,	PUNCT
cblr-7807	70	20	partly	partly	ADV
cblr-7807	70	21	because	because	SCONJ
cblr-7807	70	22	less	less	ADV
cblr-7807	70	23	-	-	PUNCT
cblr-7807	70	24	frequent	frequent	ADJ
cblr-7807	70	25	reports	report	NOUN
cblr-7807	70	26	appear	appear	VERB
cblr-7807	70	27	to	to	PART
cblr-7807	70	28	lower	lower	VERB
cblr-7807	70	29	the	the	DET
cblr-7807	70	30	temptation	temptation	NOUN
cblr-7807	70	31	for	for	ADP
cblr-7807	70	32	corporate	corporate	ADJ
cblr-7807	70	33	executives	executive	NOUN
cblr-7807	70	34	to	to	PART
cblr-7807	70	35	play	play	VERB
cblr-7807	70	36	games	game	NOUN
cblr-7807	70	37	with	with	ADP
cblr-7807	70	38	earnings	earning	NOUN
cblr-7807	70	39	targets	target	NOUN
cblr-7807	70	40	.	.	PUNCT
cblr-7807	70	41	”	"	PUNCT
cblr-7807	71	1	jason	jason	PROPN
cblr-7807	71	2	zweig	zweig	PROPN
cblr-7807	71	3	,	,	PUNCT
cblr-7807	71	4	the	the	DET
cblr-7807	71	5	end	end	NOUN
cblr-7807	71	6	of	of	ADP
cblr-7807	71	7	quarterly	quarterly	ADJ
cblr-7807	71	8	reporting	reporting	NOUN
cblr-7807	71	9	?	?	PUNCT
cblr-7807	72	1	not	not	PART
cblr-7807	72	2	much	much	ADJ
cblr-7807	72	3	to	to	PART
cblr-7807	72	4	cheer	cheer	VERB
cblr-7807	72	5	about	about	ADP
cblr-7807	72	6	,	,	PUNCT
cblr-7807	73	1	wall	wall	PROPN
cblr-7807	73	2	st	st	PROPN
cblr-7807	73	3	.	.	PROPN
cblr-7807	73	4	j.	j.	PROPN
cblr-7807	73	5	(	(	PUNCT
cblr-7807	73	6	aug	aug	PROPN
cblr-7807	73	7	.	.	PROPN
cblr-7807	73	8	17	17	NUM
cblr-7807	73	9	,	,	PUNCT
cblr-7807	73	10	2018	2018	NUM
cblr-7807	73	11	,	,	PUNCT
cblr-7807	73	12	5:08	5:08	NUM
cblr-7807	73	13	pm	pm	NOUN
cblr-7807	73	14	)	)	PUNCT
cblr-7807	73	15	,	,	PUNCT
cblr-7807	73	16	https://www.wsj.com/articles/the-end-of-quarterlyreporting-not-much-to-cheer-about-1534540127	https://www.wsj.com/articles/the-end-of-quarterlyreporting-not-much-to-cheer-about-1534540127	NOUN
cblr-7807	73	17	(	(	PUNCT
cblr-7807	73	18	on	on	ADP
cblr-7807	73	19	file	file	NOUN
cblr-7807	73	20	with	with	ADP
cblr-7807	73	21	the	the	DET
cblr-7807	73	22	columbia	columbia	PROPN
cblr-7807	73	23	business	business	PROPN
cblr-7807	73	24	law	law	PROPN
cblr-7807	73	25	review	review	PROPN
cblr-7807	73	26	)	)	PUNCT
cblr-7807	73	27	.	.	PUNCT
cblr-7807	74	1	12	12	NUM
cblr-7807	74	2	see	see	VERB
cblr-7807	74	3	generally	generally	ADV
cblr-7807	74	4	michal	michal	PROPN
cblr-7807	74	5	barzuza	barzuza	PROPN
cblr-7807	74	6	&	&	CCONJ
cblr-7807	74	7	eric	eric	PROPN
cblr-7807	74	8	talley	talley	PROPN
cblr-7807	74	9	,	,	PUNCT
cblr-7807	74	10	long	long	ADJ
cblr-7807	74	11	-	-	PUNCT
cblr-7807	74	12	term	term	NOUN
cblr-7807	74	13	bias	bias	NOUN
cblr-7807	74	14	,	,	PUNCT
cblr-7807	74	15	2020	2020	NUM
cblr-7807	74	16	colum	colum	NOUN
cblr-7807	74	17	.	.	PUNCT
cblr-7807	75	1	bus	bus	NOUN
cblr-7807	75	2	.	.	PUNCT
cblr-7807	76	1	l.	l.	PROPN
cblr-7807	76	2	rev	rev	PROPN
cblr-7807	76	3	.	.	PROPN
cblr-7807	76	4	104	104	NUM
cblr-7807	76	5	.	.	PUNCT
cblr-7807	77	1	bainbridge	bainbridge	PROPN
cblr-7807	77	2	(	(	PUNCT
cblr-7807	77	3	comment	comment	NOUN
cblr-7807	77	4	)	)	PUNCT
cblr-7807	77	5	12/28/2020	12/28/2020	NUM
cblr-7807	77	6	3:25	3:25	NUM
cblr-7807	77	7	pm	pm	NOUN
cblr-7807	77	8	806	806	NUM
cblr-7807	77	9	columbia	columbia	PROPN
cblr-7807	77	10	business	business	NOUN
cblr-7807	77	11	law	law	PROPN
cblr-7807	77	12	review	review	NOUN
cblr-7807	77	13	[	[	X
cblr-7807	77	14	vol	vol	NOUN
cblr-7807	77	15	.	.	PUNCT
cblr-7807	77	16	2020	2020	NUM
cblr-7807	77	17	bias.13	bias.13	NOUN
cblr-7807	77	18	decisionmakers	decisionmaker	NOUN
cblr-7807	77	19	subject	subject	VERB
cblr-7807	77	20	to	to	ADP
cblr-7807	77	21	overconfidence	overconfidence	NOUN
cblr-7807	77	22	bias	bias	NOUN
cblr-7807	77	23	believe	believe	VERB
cblr-7807	77	24	“	"	PUNCT
cblr-7807	77	25	that	that	SCONJ
cblr-7807	77	26	good	good	ADJ
cblr-7807	77	27	things	thing	NOUN
cblr-7807	77	28	are	be	AUX
cblr-7807	77	29	more	more	ADV
cblr-7807	77	30	likely	likely	ADJ
cblr-7807	77	31	than	than	SCONJ
cblr-7807	77	32	average	average	ADJ
cblr-7807	77	33	to	to	PART
cblr-7807	77	34	happen	happen	VERB
cblr-7807	77	35	to	to	ADP
cblr-7807	77	36	[	[	X
cblr-7807	77	37	them	they	PRON
cblr-7807	77	38	]	]	PUNCT
cblr-7807	77	39	and	and	CCONJ
cblr-7807	77	40	bad	bad	ADJ
cblr-7807	77	41	things	thing	NOUN
cblr-7807	77	42	are	be	AUX
cblr-7807	77	43	less	less	ADV
cblr-7807	77	44	likely	likely	ADJ
cblr-7807	77	45	than	than	ADP
cblr-7807	77	46	average	average	ADJ
cblr-7807	77	47	to	to	PART
cblr-7807	77	48	happen	happen	VERB
cblr-7807	77	49	to	to	ADP
cblr-7807	77	50	[	[	PUNCT
cblr-7807	77	51	them].”14	them].”14	NOUN
cblr-7807	77	52	to	to	PART
cblr-7807	77	53	be	be	AUX
cblr-7807	77	54	sure	sure	ADJ
cblr-7807	77	55	,	,	PUNCT
cblr-7807	77	56	some	some	DET
cblr-7807	77	57	decision	decision	NOUN
cblr-7807	77	58	makers	maker	NOUN
cblr-7807	77	59	really	really	ADV
cblr-7807	77	60	are	be	AUX
cblr-7807	77	61	smarter	smart	ADJ
cblr-7807	77	62	than	than	ADP
cblr-7807	77	63	others	other	NOUN
cblr-7807	77	64	,	,	PUNCT
cblr-7807	77	65	such	such	ADJ
cblr-7807	77	66	that	that	DET
cblr-7807	77	67	good	good	ADJ
cblr-7807	77	68	things	thing	NOUN
cblr-7807	77	69	do	do	AUX
cblr-7807	77	70	happen	happen	VERB
cblr-7807	77	71	to	to	ADP
cblr-7807	77	72	them	they	PRON
cblr-7807	77	73	more	more	ADV
cblr-7807	77	74	often	often	ADV
cblr-7807	77	75	than	than	ADP
cblr-7807	77	76	to	to	ADP
cblr-7807	77	77	the	the	DET
cblr-7807	77	78	average	average	ADJ
cblr-7807	77	79	decision	decision	NOUN
cblr-7807	77	80	maker	maker	NOUN
cblr-7807	77	81	,	,	PUNCT
cblr-7807	77	82	but	but	CCONJ
cblr-7807	77	83	“	"	PUNCT
cblr-7807	77	84	all	all	DET
cblr-7807	77	85	the	the	DET
cblr-7807	77	86	children	child	NOUN
cblr-7807	77	87	in	in	ADP
cblr-7807	77	88	lake	lake	NOUN
cblr-7807	77	89	wobegon	wobegon	NOUN
cblr-7807	77	90	can	can	AUX
cblr-7807	77	91	not	not	PART
cblr-7807	77	92	really	really	ADV
cblr-7807	77	93	be	be	AUX
cblr-7807	77	94	above	above	ADP
cblr-7807	77	95	average	average	ADJ
cblr-7807	77	96	.	.	PUNCT
cblr-7807	77	97	”15	”15	ADJ
cblr-7807	77	98	barzuza	barzuza	NOUN
cblr-7807	77	99	and	and	CCONJ
cblr-7807	77	100	talley	talley	PROPN
cblr-7807	77	101	offer	offer	VERB
cblr-7807	77	102	three	three	NUM
cblr-7807	77	103	case	case	NOUN
cblr-7807	77	104	studies	study	NOUN
cblr-7807	77	105	of	of	ADP
cblr-7807	77	106	long	long	ADJ
cblr-7807	77	107	-	-	PUNCT
cblr-7807	77	108	term	term	NOUN
cblr-7807	77	109	bias	bias	NOUN
cblr-7807	77	110	—	—	PUNCT
cblr-7807	77	111	i.e.	i.e.	X
cblr-7807	77	112	,	,	PUNCT
cblr-7807	77	113	a	a	DET
cblr-7807	77	114	preference	preference	NOUN
cblr-7807	77	115	for	for	ADP
cblr-7807	77	116	a	a	DET
cblr-7807	77	117	long	long	ADJ
cblr-7807	77	118	-	-	PUNCT
cblr-7807	77	119	term	term	NOUN
cblr-7807	77	120	project	project	NOUN
cblr-7807	77	121	over	over	ADP
cblr-7807	77	122	a	a	DET
cblr-7807	77	123	shortterm	shortterm	NOUN
cblr-7807	77	124	option	option	NOUN
cblr-7807	77	125	offering	offer	VERB
cblr-7807	77	126	superior	superior	ADJ
cblr-7807	77	127	returns16	returns16	NOUN
cblr-7807	77	128	—	—	PUNCT
cblr-7807	77	129	impacting	impact	VERB
cblr-7807	77	130	decisions	decision	NOUN
cblr-7807	77	131	by	by	ADP
cblr-7807	77	132	corporate	corporate	ADJ
cblr-7807	77	133	executives.17	executives.17	PROPN
cblr-7807	77	134	in	in	ADP
cblr-7807	77	135	each	each	DET
cblr-7807	77	136	case	case	NOUN
cblr-7807	77	137	,	,	PUNCT
cblr-7807	77	138	a	a	DET
cblr-7807	77	139	ceo	ceo	NOUN
cblr-7807	77	140	remained	remain	VERB
cblr-7807	77	141	committed	committed	ADJ
cblr-7807	77	142	to	to	ADP
cblr-7807	77	143	a	a	DET
cblr-7807	77	144	long	long	ADJ
cblr-7807	77	145	-	-	PUNCT
cblr-7807	77	146	term	term	NOUN
cblr-7807	77	147	plan	plan	NOUN
cblr-7807	77	148	despite	despite	SCONJ
cblr-7807	77	149	mounting	mount	VERB
cblr-7807	77	150	evidence	evidence	NOUN
cblr-7807	77	151	that	that	SCONJ
cblr-7807	77	152	the	the	DET
cblr-7807	77	153	returns	return	NOUN
cblr-7807	77	154	on	on	ADP
cblr-7807	77	155	that	that	DET
cblr-7807	77	156	project	project	NOUN
cblr-7807	77	157	were	be	AUX
cblr-7807	77	158	likely	likely	ADV
cblr-7807	77	159	inferior	inferior	ADJ
cblr-7807	77	160	to	to	ADP
cblr-7807	77	161	short	short	ADJ
cblr-7807	77	162	-	-	PUNCT
cblr-7807	77	163	term	term	NOUN
cblr-7807	77	164	alternatives.18	alternatives.18	NOUN
cblr-7807	77	165	all	all	DET
cblr-7807	77	166	three	three	NUM
cblr-7807	77	167	ceos	ceo	NOUN
cblr-7807	77	168	exhibited	exhibit	VERB
cblr-7807	77	169	overconfidence	overconfidence	NOUN
cblr-7807	77	170	,	,	PUNCT
cblr-7807	77	171	which	which	PRON
cblr-7807	77	172	led	lead	VERB
cblr-7807	77	173	them	they	PRON
cblr-7807	77	174	to	to	PART
cblr-7807	77	175	overestimate	overestimate	VERB
cblr-7807	77	176	their	their	PRON
cblr-7807	77	177	likelihoods	likelihood	NOUN
cblr-7807	77	178	of	of	ADP
cblr-7807	77	179	success	success	NOUN
cblr-7807	77	180	and	and	CCONJ
cblr-7807	77	181	thus	thus	ADV
cblr-7807	77	182	to	to	PART
cblr-7807	77	183	miscalculate	miscalculate	VERB
cblr-7807	77	184	the	the	DET
cblr-7807	77	185	value	value	NOUN
cblr-7807	77	186	of	of	ADP
cblr-7807	77	187	their	their	PRON
cblr-7807	77	188	preferred	preferred	ADJ
cblr-7807	77	189	projects	project	NOUN
cblr-7807	77	190	relative	relative	ADJ
cblr-7807	77	191	to	to	ADP
cblr-7807	77	192	the	the	DET
cblr-7807	77	193	alternatives.19	alternatives.19	NOUN
cblr-7807	77	194	finally	finally	ADV
cblr-7807	77	195	,	,	PUNCT
cblr-7807	77	196	barzuza	barzuza	NOUN
cblr-7807	77	197	and	and	CCONJ
cblr-7807	77	198	talley	talley	NOUN
cblr-7807	77	199	draw	draw	VERB
cblr-7807	77	200	a	a	DET
cblr-7807	77	201	number	number	NOUN
cblr-7807	77	202	of	of	ADP
cblr-7807	77	203	implications	implication	NOUN
cblr-7807	77	204	from	from	ADP
cblr-7807	77	205	their	their	PRON
cblr-7807	77	206	analysis	analysis	NOUN
cblr-7807	77	207	.	.	PUNCT
cblr-7807	78	1	first	first	ADV
cblr-7807	78	2	,	,	PUNCT
cblr-7807	78	3	they	they	PRON
cblr-7807	78	4	contrast	contrast	VERB
cblr-7807	78	5	the	the	DET
cblr-7807	78	6	potential	potential	ADJ
cblr-7807	78	7	interplay	interplay	NOUN
cblr-7807	78	8	in	in	ADP
cblr-7807	78	9	the	the	DET
cblr-7807	78	10	capital	capital	NOUN
cblr-7807	78	11	markets	market	NOUN
cblr-7807	78	12	of	of	ADP
cblr-7807	78	13	managerial	managerial	ADJ
cblr-7807	78	14	long	long	ADJ
cblr-7807	78	15	-	-	PUNCT
cblr-7807	78	16	term	term	NOUN
cblr-7807	78	17	biases	bias	NOUN
cblr-7807	78	18	with	with	ADP
cblr-7807	78	19	short	short	ADJ
cblr-7807	78	20	-	-	PUNCT
cblr-7807	78	21	term	term	NOUN
cblr-7807	78	22	biases	bias	NOUN
cblr-7807	78	23	on	on	ADP
cblr-7807	78	24	the	the	DET
cblr-7807	78	25	part	part	NOUN
cblr-7807	78	26	of	of	ADP
cblr-7807	78	27	activist	activist	ADJ
cblr-7807	78	28	shareholders.20	shareholders.20	NOUN
cblr-7807	78	29	then	then	ADV
cblr-7807	78	30	,	,	PUNCT
cblr-7807	78	31	they	they	PRON
cblr-7807	78	32	examine	examine	VERB
cblr-7807	78	33	the	the	DET
cblr-7807	78	34	implications	implication	NOUN
cblr-7807	78	35	of	of	ADP
cblr-7807	78	36	their	their	PRON
cblr-7807	78	37	analysis	analysis	NOUN
cblr-7807	78	38	for	for	ADP
cblr-7807	78	39	three	three	NUM
cblr-7807	78	40	categories	category	NOUN
cblr-7807	78	41	of	of	ADP
cblr-7807	78	42	business	business	NOUN
cblr-7807	78	43	operations	operation	NOUN
cblr-7807	78	44	:	:	PUNCT
cblr-7807	78	45	“	"	PUNCT
cblr-7807	78	46	business	business	NOUN
cblr-7807	78	47	13	13	NUM
cblr-7807	78	48	see	see	VERB
cblr-7807	78	49	i	i	PRON
cblr-7807	78	50	d.	d.	PROPN
cblr-7807	78	51	at	at	ADP
cblr-7807	78	52	135–39	135–39	PROPN
cblr-7807	78	53	(	(	PUNCT
cblr-7807	78	54	discussing	discuss	VERB
cblr-7807	78	55	the	the	DET
cblr-7807	78	56	possibility	possibility	NOUN
cblr-7807	78	57	that	that	SCONJ
cblr-7807	78	58	corporate	corporate	ADJ
cblr-7807	78	59	managers	manager	NOUN
cblr-7807	78	60	are	be	AUX
cblr-7807	78	61	subject	subject	ADJ
cblr-7807	78	62	to	to	ADP
cblr-7807	78	63	the	the	DET
cblr-7807	78	64	overconfidence	overconfidence	NOUN
cblr-7807	78	65	bias	bias	NOUN
cblr-7807	78	66	)	)	PUNCT
cblr-7807	78	67	.	.	PUNCT
cblr-7807	79	1	14	14	NUM
cblr-7807	79	2	russell	russell	PROPN
cblr-7807	79	3	b.	b.	PROPN
cblr-7807	79	4	korobkin	korobkin	PROPN
cblr-7807	79	5	&	&	CCONJ
cblr-7807	79	6	thomas	thomas	PROPN
cblr-7807	79	7	s.	s.	PROPN
cblr-7807	79	8	ulen	ulen	PROPN
cblr-7807	79	9	,	,	PUNCT
cblr-7807	79	10	law	law	NOUN
cblr-7807	79	11	and	and	CCONJ
cblr-7807	79	12	behavioral	behavioral	ADJ
cblr-7807	79	13	science	science	NOUN
cblr-7807	79	14	:	:	PUNCT
cblr-7807	79	15	removing	remove	VERB
cblr-7807	79	16	the	the	DET
cblr-7807	79	17	rationality	rationality	NOUN
cblr-7807	79	18	assumption	assumption	NOUN
cblr-7807	79	19	from	from	ADP
cblr-7807	79	20	law	law	NOUN
cblr-7807	79	21	and	and	CCONJ
cblr-7807	79	22	economics	economic	NOUN
cblr-7807	79	23	,	,	PUNCT
cblr-7807	79	24	88	88	NUM
cblr-7807	79	25	calif	calif	NOUN
cblr-7807	79	26	.	.	PUNCT
cblr-7807	80	1	l.	l.	PROPN
cblr-7807	80	2	rev	rev	PROPN
cblr-7807	80	3	.	.	PROPN
cblr-7807	80	4	1051	1051	NUM
cblr-7807	80	5	,	,	PUNCT
cblr-7807	80	6	1091	1091	NUM
cblr-7807	80	7	(	(	PUNCT
cblr-7807	80	8	2000	2000	NUM
cblr-7807	80	9	)	)	PUNCT
cblr-7807	80	10	.	.	PUNCT
cblr-7807	81	1	15	15	NUM
cblr-7807	82	1	i	i	PRON
cblr-7807	82	2	d.	d.	PROPN
cblr-7807	82	3	16	16	NUM
cblr-7807	82	4	see	see	VERB
cblr-7807	82	5	barzuza	barzuza	PROPN
cblr-7807	82	6	&	&	CCONJ
cblr-7807	82	7	talley	talley	PROPN
cblr-7807	82	8	,	,	PUNCT
cblr-7807	82	9	supra	supra	PROPN
cblr-7807	82	10	note	note	NOUN
cblr-7807	82	11	12	12	NUM
cblr-7807	82	12	,	,	PUNCT
cblr-7807	82	13	at	at	ADP
cblr-7807	82	14	135	135	NUM
cblr-7807	82	15	tbl.1	tbl.1	NOUN
cblr-7807	82	16	(	(	PUNCT
cblr-7807	82	17	defining	define	VERB
cblr-7807	82	18	a	a	DET
cblr-7807	82	19	longterm	longterm	ADJ
cblr-7807	82	20	bias	bias	NOUN
cblr-7807	82	21	as	as	ADP
cblr-7807	82	22	“	"	PUNCT
cblr-7807	82	23	[	[	X
cblr-7807	82	24	a	a	X
cblr-7807	82	25	]	]	X
cblr-7807	82	26	preference	preference	NOUN
cblr-7807	82	27	for	for	ADP
cblr-7807	82	28	a	a	DET
cblr-7807	82	29	long	long	ADJ
cblr-7807	82	30	-	-	PUNCT
cblr-7807	82	31	term	term	NOUN
cblr-7807	82	32	investment	investment	NOUN
cblr-7807	82	33	over	over	ADP
cblr-7807	82	34	a	a	DET
cblr-7807	82	35	superior	superior	ADJ
cblr-7807	82	36	short	short	ADJ
cblr-7807	82	37	-	-	PUNCT
cblr-7807	82	38	term	term	NOUN
cblr-7807	82	39	investment	investment	NOUN
cblr-7807	82	40	/	/	SYM
cblr-7807	82	41	return	return	NOUN
cblr-7807	82	42	”	"	PUNCT
cblr-7807	82	43	)	)	PUNCT
cblr-7807	82	44	.	.	PUNCT
cblr-7807	83	1	17	17	NUM
cblr-7807	83	2	see	see	VERB
cblr-7807	83	3	i	i	PRON
cblr-7807	83	4	d.	d.	PROPN
cblr-7807	83	5	at	at	ADP
cblr-7807	83	6	155–72	155–72	NUM
cblr-7807	83	7	(	(	PUNCT
cblr-7807	83	8	discussing	discuss	VERB
cblr-7807	83	9	the	the	DET
cblr-7807	83	10	case	case	NOUN
cblr-7807	83	11	studies	study	NOUN
cblr-7807	83	12	)	)	PUNCT
cblr-7807	83	13	.	.	PUNCT
cblr-7807	84	1	18	18	NUM
cblr-7807	84	2	see	see	VERB
cblr-7807	84	3	i	i	PRON
cblr-7807	84	4	d.	d.	PROPN
cblr-7807	84	5	at	at	ADP
cblr-7807	84	6	113	113	NUM
cblr-7807	84	7	(	(	PUNCT
cblr-7807	84	8	arguing	argue	VERB
cblr-7807	84	9	that	that	SCONJ
cblr-7807	84	10	“	"	PUNCT
cblr-7807	84	11	managerial	managerial	ADJ
cblr-7807	84	12	overconfidence	overconfidence	NOUN
cblr-7807	84	13	about	about	ADP
cblr-7807	84	14	longterm	longterm	PROPN
cblr-7807	84	15	investments	investment	NOUN
cblr-7807	84	16	appears	appear	VERB
cblr-7807	84	17	to	to	PART
cblr-7807	84	18	have	have	AUX
cblr-7807	84	19	thrived	thrive	VERB
cblr-7807	84	20	”	"	PUNCT
cblr-7807	84	21	in	in	ADP
cblr-7807	84	22	each	each	PRON
cblr-7807	84	23	of	of	ADP
cblr-7807	84	24	the	the	DET
cblr-7807	84	25	case	case	NOUN
cblr-7807	84	26	studies	study	NOUN
cblr-7807	84	27	)	)	PUNCT
cblr-7807	84	28	.	.	PUNCT
cblr-7807	85	1	19	19	NUM
cblr-7807	85	2	see	see	VERB
cblr-7807	85	3	i	i	PRON
cblr-7807	85	4	d.	d.	PROPN
cblr-7807	85	5	at	at	ADP
cblr-7807	85	6	155–72	155–72	NUM
cblr-7807	85	7	(	(	PUNCT
cblr-7807	85	8	discussing	discuss	VERB
cblr-7807	85	9	the	the	DET
cblr-7807	85	10	case	case	NOUN
cblr-7807	85	11	studies	study	NOUN
cblr-7807	85	12	)	)	PUNCT
cblr-7807	85	13	.	.	PUNCT
cblr-7807	86	1	20	20	NUM
cblr-7807	86	2	see	see	VERB
cblr-7807	86	3	i	i	PRON
cblr-7807	86	4	d.	d.	PROPN
cblr-7807	86	5	at	at	ADP
cblr-7807	86	6	173–75	173–75	PROPN
cblr-7807	86	7	(	(	PUNCT
cblr-7807	86	8	discussing	discuss	VERB
cblr-7807	86	9	interacting	interact	VERB
cblr-7807	86	10	biases	bias	NOUN
cblr-7807	86	11	in	in	ADP
cblr-7807	86	12	capital	capital	NOUN
cblr-7807	86	13	markets	market	NOUN
cblr-7807	86	14	)	)	PUNCT
cblr-7807	86	15	.	.	PUNCT
cblr-7807	87	1	bainbridge	bainbridge	PROPN
cblr-7807	87	2	(	(	PUNCT
cblr-7807	87	3	comment	comment	NOUN
cblr-7807	87	4	)	)	PUNCT
cblr-7807	87	5	12/28/2020	12/28/2020	NUM
cblr-7807	87	6	3:25	3:25	NUM
cblr-7807	87	7	pm	pm	NOUN
cblr-7807	87	8	no	no	INTJ
cblr-7807	87	9	.	.	PUNCT
cblr-7807	88	1	3:801	3:801	NUM
cblr-7807	88	2	]	]	X
cblr-7807	88	3	long	long	ADJ
cblr-7807	88	4	-	-	PUNCT
cblr-7807	88	5	term	term	NOUN
cblr-7807	88	6	bias	bias	NOUN
cblr-7807	88	7	and	and	CCONJ
cblr-7807	88	8	director	director	NOUN
cblr-7807	88	9	primacy	primacy	NOUN
cblr-7807	88	10	807	807	NUM
cblr-7807	88	11	investment	investment	NOUN
cblr-7807	88	12	,	,	PUNCT
cblr-7807	88	13	investor	investor	NOUN
cblr-7807	88	14	payout	payout	NOUN
cblr-7807	88	15	,	,	PUNCT
cblr-7807	88	16	and	and	CCONJ
cblr-7807	88	17	firm	firm	ADJ
cblr-7807	88	18	governance	governance	NOUN
cblr-7807	88	19	.	.	PUNCT
cblr-7807	89	1	”21	”21	ADV
cblr-7807	89	2	they	they	PRON
cblr-7807	89	3	also	also	ADV
cblr-7807	89	4	discuss	discuss	VERB
cblr-7807	89	5	the	the	DET
cblr-7807	89	6	legal	legal	ADJ
cblr-7807	89	7	implications	implication	NOUN
cblr-7807	89	8	of	of	ADP
cblr-7807	89	9	their	their	PRON
cblr-7807	89	10	analysis.22	analysis.22	NOUN
cblr-7807	89	11	one	one	NUM
cblr-7807	89	12	of	of	ADP
cblr-7807	89	13	the	the	DET
cblr-7807	89	14	most	most	ADV
cblr-7807	89	15	impressive	impressive	ADJ
cblr-7807	89	16	aspects	aspect	NOUN
cblr-7807	89	17	of	of	ADP
cblr-7807	89	18	barzuza	barzuza	NOUN
cblr-7807	89	19	and	and	CCONJ
cblr-7807	89	20	talley	talley	NOUN
cblr-7807	89	21	’s	’s	PART
cblr-7807	89	22	article	article	NOUN
cblr-7807	89	23	is	be	AUX
cblr-7807	89	24	that	that	SCONJ
cblr-7807	89	25	it	it	PRON
cblr-7807	89	26	scrupulously	scrupulously	ADV
cblr-7807	89	27	avoids	avoid	VERB
cblr-7807	89	28	over	over	ADP
cblr-7807	89	29	-	-	PUNCT
cblr-7807	89	30	claiming	claiming	NOUN
cblr-7807	89	31	.	.	PUNCT
cblr-7807	90	1	indeed	indeed	ADV
cblr-7807	90	2	,	,	PUNCT
cblr-7807	90	3	to	to	ADP
cblr-7807	90	4	their	their	PRON
cblr-7807	90	5	credit	credit	NOUN
cblr-7807	90	6	,	,	PUNCT
cblr-7807	90	7	barzuza	barzuza	NOUN
cblr-7807	90	8	and	and	CCONJ
cblr-7807	90	9	talley	talley	NOUN
cblr-7807	90	10	never	never	ADV
cblr-7807	90	11	claim	claim	VERB
cblr-7807	90	12	that	that	SCONJ
cblr-7807	90	13	the	the	DET
cblr-7807	90	14	shortterm	shortterm	PROPN
cblr-7807	90	15	story	story	NOUN
cblr-7807	90	16	is	be	AUX
cblr-7807	90	17	false.23	false.23	ADJ
cblr-7807	90	18	instead	instead	ADV
cblr-7807	90	19	,	,	PUNCT
cblr-7807	90	20	they	they	PRON
cblr-7807	90	21	make	make	VERB
cblr-7807	90	22	the	the	DET
cblr-7807	90	23	more	more	ADV
cblr-7807	90	24	conservative	conservative	ADJ
cblr-7807	90	25	and	and	CCONJ
cblr-7807	90	26	plausible	plausible	ADJ
cblr-7807	90	27	argument	argument	NOUN
cblr-7807	90	28	that	that	SCONJ
cblr-7807	90	29	the	the	DET
cblr-7807	90	30	debate	debate	NOUN
cblr-7807	90	31	is	be	AUX
cblr-7807	90	32	incomplete	incomplete	ADJ
cblr-7807	90	33	,	,	PUNCT
cblr-7807	90	34	because	because	SCONJ
cblr-7807	90	35	it	it	PRON
cblr-7807	90	36	fails	fail	VERB
cblr-7807	90	37	to	to	PART
cblr-7807	90	38	account	account	VERB
cblr-7807	90	39	for	for	ADP
cblr-7807	90	40	the	the	DET
cblr-7807	90	41	possibility	possibility	NOUN
cblr-7807	90	42	that	that	SCONJ
cblr-7807	90	43	management	management	NOUN
cblr-7807	90	44	also	also	ADV
cblr-7807	90	45	may	may	AUX
cblr-7807	90	46	be	be	AUX
cblr-7807	90	47	subject	subject	ADJ
cblr-7807	90	48	to	to	ADP
cblr-7807	90	49	a	a	DET
cblr-7807	90	50	long	long	ADJ
cblr-7807	90	51	-	-	PUNCT
cblr-7807	90	52	term	term	NOUN
cblr-7807	90	53	bias	bias	NOUN
cblr-7807	90	54	,	,	PUNCT
cblr-7807	90	55	which	which	PRON
cblr-7807	90	56	prompts	prompt	VERB
cblr-7807	90	57	them	they	PRON
cblr-7807	90	58	“	"	PUNCT
cblr-7807	90	59	to	to	PART
cblr-7807	90	60	favor	favor	VERB
cblr-7807	90	61	inferior	inferior	ADJ
cblr-7807	90	62	long	long	ADJ
cblr-7807	90	63	-	-	PUNCT
cblr-7807	90	64	term	term	NOUN
cblr-7807	90	65	projects	project	NOUN
cblr-7807	90	66	over	over	ADP
cblr-7807	90	67	shortterm	shortterm	PROPN
cblr-7807	90	68	alternatives	alternative	NOUN
cblr-7807	90	69	that	that	PRON
cblr-7807	90	70	have	have	VERB
cblr-7807	90	71	superior	superior	ADJ
cblr-7807	90	72	returns	return	NOUN
cblr-7807	90	73	.	.	PUNCT
cblr-7807	91	1	”24	”24	VERB
cblr-7807	91	2	consequently	consequently	ADV
cblr-7807	91	3	,	,	PUNCT
cblr-7807	91	4	barzuza	barzuza	NOUN
cblr-7807	91	5	and	and	CCONJ
cblr-7807	91	6	talley	talley	PROPN
cblr-7807	91	7	do	do	AUX
cblr-7807	91	8	not	not	PART
cblr-7807	91	9	deny	deny	VERB
cblr-7807	91	10	that	that	DET
cblr-7807	91	11	management	management	NOUN
cblr-7807	91	12	is	be	AUX
cblr-7807	91	13	subject	subject	ADJ
cblr-7807	91	14	to	to	ADP
cblr-7807	91	15	pressures	pressure	NOUN
cblr-7807	91	16	for	for	ADP
cblr-7807	91	17	short	short	ADJ
cblr-7807	91	18	-	-	PUNCT
cblr-7807	91	19	term	term	NOUN
cblr-7807	91	20	performance	performance	NOUN
cblr-7807	91	21	,	,	PUNCT
cblr-7807	91	22	although	although	SCONJ
cblr-7807	91	23	they	they	PRON
cblr-7807	91	24	argue	argue	VERB
cblr-7807	91	25	that	that	SCONJ
cblr-7807	91	26	such	such	ADJ
cblr-7807	91	27	pressures	pressure	NOUN
cblr-7807	91	28	may	may	AUX
cblr-7807	91	29	be	be	AUX
cblr-7807	91	30	beneficial	beneficial	ADJ
cblr-7807	91	31	by	by	ADP
cblr-7807	91	32	counteracting	counteract	VERB
cblr-7807	91	33	management	management	NOUN
cblr-7807	91	34	’s	’s	PART
cblr-7807	91	35	long	long	ADJ
cblr-7807	91	36	-	-	PUNCT
cblr-7807	91	37	term	term	NOUN
cblr-7807	91	38	biases.25	biases.25	NOUN
cblr-7807	91	39	barzuza	barzuza	NOUN
cblr-7807	91	40	and	and	CCONJ
cblr-7807	91	41	talley	talley	NOUN
cblr-7807	91	42	are	be	AUX
cblr-7807	91	43	certainly	certainly	ADV
cblr-7807	91	44	correct	correct	ADJ
cblr-7807	91	45	that	that	SCONJ
cblr-7807	91	46	a	a	DET
cblr-7807	91	47	long	long	ADJ
cblr-7807	91	48	-	-	PUNCT
cblr-7807	91	49	term	term	NOUN
cblr-7807	91	50	focus	focus	NOUN
cblr-7807	91	51	is	be	AUX
cblr-7807	91	52	not	not	PART
cblr-7807	91	53	always	always	ADV
cblr-7807	91	54	optimal	optimal	ADJ
cblr-7807	91	55	.	.	PUNCT
cblr-7807	92	1	at	at	ADP
cblr-7807	92	2	the	the	DET
cblr-7807	92	3	very	very	ADV
cblr-7807	92	4	least	least	ADJ
cblr-7807	92	5	,	,	PUNCT
cblr-7807	92	6	one	one	PRON
cblr-7807	92	7	must	must	AUX
cblr-7807	92	8	take	take	VERB
cblr-7807	92	9	into	into	ADP
cblr-7807	92	10	account	account	NOUN
cblr-7807	92	11	discount	discount	NOUN
cblr-7807	92	12	rates.26	rates.26	NOUN
cblr-7807	92	13	accordingly	accordingly	ADV
cblr-7807	92	14	,	,	PUNCT
cblr-7807	92	15	assuming	assume	VERB
cblr-7807	92	16	a	a	DET
cblr-7807	92	17	ten	ten	NUM
cblr-7807	92	18	percent	percent	NOUN
cblr-7807	92	19	discount	discount	NOUN
cblr-7807	92	20	rate	rate	NOUN
cblr-7807	92	21	,	,	PUNCT
cblr-7807	92	22	a	a	DET
cblr-7807	92	23	rational	rational	ADJ
cblr-7807	92	24	actor	actor	NOUN
cblr-7807	92	25	should	should	AUX
cblr-7807	92	26	prefer	prefer	VERB
cblr-7807	92	27	my	my	PRON
cblr-7807	92	28	offer	offer	NOUN
cblr-7807	92	29	of	of	ADP
cblr-7807	92	30	91	91	NUM
cblr-7807	92	31	cents	cent	NOUN
cblr-7807	92	32	today	today	NOUN
cblr-7807	92	33	to	to	ADP
cblr-7807	92	34	my	my	PRON
cblr-7807	92	35	promise	promise	NOUN
cblr-7807	92	36	to	to	PART
cblr-7807	92	37	pay	pay	VERB
cblr-7807	92	38	$	$	SYM
cblr-7807	92	39	1	1	NUM
cblr-7807	92	40	in	in	ADP
cblr-7807	92	41	a	a	DET
cblr-7807	92	42	year.27	year.27	ADJ
cblr-7807	92	43	behavioral	behavioral	ADJ
cblr-7807	92	44	economics	economic	NOUN
cblr-7807	92	45	,	,	PUNCT
cblr-7807	92	46	however	however	ADV
cblr-7807	92	47	,	,	PUNCT
cblr-7807	92	48	teaches	teach	VERB
cblr-7807	92	49	that	that	SCONJ
cblr-7807	92	50	everyone	everyone	PRON
cblr-7807	92	51	—	—	PUNCT
cblr-7807	92	52	21	21	NUM
cblr-7807	92	53	i	i	PRON
cblr-7807	92	54	d.	d.	PROPN
cblr-7807	92	55	at	at	ADP
cblr-7807	92	56	175	175	NUM
cblr-7807	92	57	.	.	PUNCT
cblr-7807	93	1	22	22	NUM
cblr-7807	94	1	i	i	PRON
cblr-7807	94	2	d.	d.	PROPN
cblr-7807	94	3	at	at	ADP
cblr-7807	94	4	181	181	NUM
cblr-7807	94	5	.	.	PUNCT
cblr-7807	95	1	23	23	NUM
cblr-7807	95	2	see	see	VERB
cblr-7807	95	3	i	i	PRON
cblr-7807	95	4	d.	d.	PROPN
cblr-7807	95	5	at	at	ADP
cblr-7807	95	6	173	173	NUM
cblr-7807	95	7	(	(	PUNCT
cblr-7807	95	8	acknowledging	acknowledge	VERB
cblr-7807	95	9	that	that	SCONJ
cblr-7807	95	10	“	"	PUNCT
cblr-7807	95	11	our	our	PRON
cblr-7807	95	12	framework	framework	NOUN
cblr-7807	95	13	and	and	CCONJ
cblr-7807	95	14	argument	argument	NOUN
cblr-7807	95	15	do	do	AUX
cblr-7807	95	16	not	not	PART
cblr-7807	95	17	dismiss	dismiss	VERB
cblr-7807	95	18	the	the	DET
cblr-7807	95	19	possibility	possibility	NOUN
cblr-7807	95	20	that	that	SCONJ
cblr-7807	95	21	short	short	ADJ
cblr-7807	95	22	-	-	PUNCT
cblr-7807	95	23	term	term	NOUN
cblr-7807	95	24	biases	bias	NOUN
cblr-7807	95	25	exist	exist	VERB
cblr-7807	95	26	and	and	CCONJ
cblr-7807	95	27	are	be	AUX
cblr-7807	95	28	durable	durable	ADJ
cblr-7807	95	29	in	in	ADP
cblr-7807	95	30	capital	capital	NOUN
cblr-7807	95	31	markets	market	NOUN
cblr-7807	95	32	”	"	PUNCT
cblr-7807	95	33	)	)	PUNCT
cblr-7807	95	34	;	;	PUNCT
cblr-7807	95	35	see	see	VERB
cblr-7807	95	36	also	also	ADV
cblr-7807	95	37	i	i	PROPN
cblr-7807	95	38	d.	d.	PROPN
cblr-7807	95	39	at	at	ADP
cblr-7807	95	40	120	120	NUM
cblr-7807	95	41	(	(	PUNCT
cblr-7807	95	42	acknowledging	acknowledge	VERB
cblr-7807	95	43	that	that	SCONJ
cblr-7807	95	44	they	they	PRON
cblr-7807	95	45	“	"	PUNCT
cblr-7807	95	46	do	do	AUX
cblr-7807	95	47	not	not	PART
cblr-7807	95	48	aspire	aspire	VERB
cblr-7807	95	49	to	to	PART
cblr-7807	95	50	displace	displace	VERB
cblr-7807	95	51	or	or	CCONJ
cblr-7807	95	52	refute	refute	VERB
cblr-7807	95	53	the	the	DET
cblr-7807	95	54	prevailing	prevail	VERB
cblr-7807	95	55	narrative	narrative	NOUN
cblr-7807	95	56	about	about	ADP
cblr-7807	95	57	the	the	DET
cblr-7807	95	58	dangers	danger	NOUN
cblr-7807	95	59	of	of	ADP
cblr-7807	95	60	shortterm	shortterm	PROPN
cblr-7807	95	61	bias	bias	NOUN
cblr-7807	95	62	”	"	PUNCT
cblr-7807	95	63	)	)	PUNCT
cblr-7807	95	64	.	.	PUNCT
cblr-7807	96	1	24	24	NUM
cblr-7807	97	1	i	i	PRON
cblr-7807	97	2	d.	d.	PROPN
cblr-7807	97	3	at	at	ADP
cblr-7807	97	4	112	112	NUM
cblr-7807	97	5	,	,	PUNCT
cblr-7807	97	6	120	120	NUM
cblr-7807	97	7	.	.	X
cblr-7807	98	1	25	25	NUM
cblr-7807	99	1	i	i	PRON
cblr-7807	99	2	d.	d.	PROPN
cblr-7807	99	3	at	at	ADP
cblr-7807	99	4	116–17	116–17	NUM
cblr-7807	99	5	.	.	PUNCT
cblr-7807	100	1	26	26	NUM
cblr-7807	100	2	see	see	VERB
cblr-7807	100	3	amicus	amicus	NOUN
cblr-7807	100	4	curiae	curiae	NOUN
cblr-7807	100	5	brief	brief	NOUN
cblr-7807	100	6	of	of	ADP
cblr-7807	100	7	the	the	DET
cblr-7807	100	8	nat’l	nat’l	NOUN
cblr-7807	100	9	ass’n	ass’n	NOUN
cblr-7807	100	10	of	of	ADP
cblr-7807	100	11	chapter	chapter	NOUN
cblr-7807	100	12	thirteen	thirteen	NUM
cblr-7807	100	13	trs	trs	PROPN
cblr-7807	100	14	.	.	PUNCT
cblr-7807	101	1	supporting	support	VERB
cblr-7807	101	2	petitioners	petitioner	NOUN
cblr-7807	101	3	,	,	PUNCT
cblr-7807	101	4	till	till	SCONJ
cblr-7807	101	5	v.	v.	ADP
cblr-7807	101	6	scs	scs	PROPN
cblr-7807	101	7	credit	credit	PROPN
cblr-7807	101	8	corp	corp	PROPN
cblr-7807	101	9	.	.	PROPN
cblr-7807	101	10	,	,	PUNCT
cblr-7807	101	11	541	541	NUM
cblr-7807	101	12	u.s	u.s	PROPN
cblr-7807	101	13	.	.	PROPN
cblr-7807	101	14	456	456	NUM
cblr-7807	101	15	(	(	PUNCT
cblr-7807	101	16	2004	2004	NUM
cblr-7807	101	17	)	)	PUNCT
cblr-7807	101	18	(	(	PUNCT
cblr-7807	101	19	no	no	INTJ
cblr-7807	101	20	.	.	NOUN
cblr-7807	101	21	02	02	NUM
cblr-7807	101	22	-	-	SYM
cblr-7807	101	23	1016	1016	NUM
cblr-7807	101	24	)	)	PUNCT
cblr-7807	101	25	(	(	PUNCT
cblr-7807	101	26	“	"	PUNCT
cblr-7807	101	27	present	present	ADJ
cblr-7807	101	28	value	value	NOUN
cblr-7807	101	29	is	be	AUX
cblr-7807	101	30	based	base	VERB
cblr-7807	101	31	upon	upon	SCONJ
cblr-7807	101	32	the	the	DET
cblr-7807	101	33	common	common	ADJ
cblr-7807	101	34	sense	sense	NOUN
cblr-7807	101	35	notion	notion	NOUN
cblr-7807	101	36	that	that	SCONJ
cblr-7807	101	37	a	a	DET
cblr-7807	101	38	dollar	dollar	NOUN
cblr-7807	101	39	paid	pay	VERB
cblr-7807	101	40	to	to	ADP
cblr-7807	101	41	you	you	PRON
cblr-7807	101	42	one	one	NUM
cblr-7807	101	43	year	year	NOUN
cblr-7807	101	44	from	from	ADP
cblr-7807	101	45	now	now	ADV
cblr-7807	101	46	is	be	AUX
cblr-7807	101	47	less	less	ADV
cblr-7807	101	48	valuable	valuable	ADJ
cblr-7807	101	49	to	to	ADP
cblr-7807	101	50	you	you	PRON
cblr-7807	101	51	than	than	ADP
cblr-7807	101	52	the	the	DET
cblr-7807	101	53	dollar	dollar	NOUN
cblr-7807	101	54	paid	pay	VERB
cblr-7807	101	55	to	to	ADP
cblr-7807	101	56	you	you	PRON
cblr-7807	101	57	today	today	NOUN
cblr-7807	101	58	.	.	PUNCT
cblr-7807	101	59	”	"	PUNCT
cblr-7807	101	60	)	)	PUNCT
cblr-7807	101	61	.	.	PUNCT
cblr-7807	102	1	27	27	NUM
cblr-7807	102	2	the	the	DET
cblr-7807	102	3	present	present	ADJ
cblr-7807	102	4	value	value	NOUN
cblr-7807	102	5	of	of	ADP
cblr-7807	102	6	a	a	DET
cblr-7807	102	7	dollar	dollar	NOUN
cblr-7807	102	8	to	to	PART
cblr-7807	102	9	be	be	AUX
cblr-7807	102	10	received	receive	VERB
cblr-7807	102	11	in	in	ADP
cblr-7807	102	12	one	one	NUM
cblr-7807	102	13	year	year	NOUN
cblr-7807	102	14	is	be	AUX
cblr-7807	102	15	91	91	NUM
cblr-7807	102	16	cents	cent	NOUN
cblr-7807	102	17	(	(	PUNCT
cblr-7807	102	18	rounded	round	VERB
cblr-7807	102	19	up	up	ADP
cblr-7807	102	20	)	)	PUNCT
cblr-7807	102	21	assuming	assume	VERB
cblr-7807	102	22	a	a	DET
cblr-7807	102	23	ten	ten	NUM
cblr-7807	102	24	percent	percent	NOUN
cblr-7807	102	25	discount	discount	NOUN
cblr-7807	102	26	rate	rate	NOUN
cblr-7807	102	27	.	.	PUNCT
cblr-7807	103	1	see	see	VERB
cblr-7807	103	2	roger	roger	PROPN
cblr-7807	103	3	d.	d.	PROPN
cblr-7807	103	4	blair	blair	PROPN
cblr-7807	103	5	&	&	CCONJ
cblr-7807	103	6	christine	christine	PROPN
cblr-7807	103	7	a.	a.	PROPN
cblr-7807	103	8	piette	piette	PROPN
cblr-7807	103	9	,	,	PUNCT
cblr-7807	103	10	coupons	coupon	NOUN
cblr-7807	103	11	and	and	CCONJ
cblr-7807	103	12	settlements	settlement	NOUN
cblr-7807	103	13	in	in	ADP
cblr-7807	103	14	antitrust	antitrust	ADJ
cblr-7807	103	15	class	class	NOUN
cblr-7807	103	16	actions	action	NOUN
cblr-7807	103	17	,	,	PUNCT
cblr-7807	103	18	antitrust	antitrust	ADJ
cblr-7807	103	19	,	,	PUNCT
cblr-7807	103	20	fall	fall	NOUN
cblr-7807	103	21	2005	2005	NUM
cblr-7807	103	22	,	,	PUNCT
cblr-7807	103	23	at	at	ADP
cblr-7807	103	24	33	33	NUM
cblr-7807	103	25	n.15	n.15	NOUN
cblr-7807	103	26	(	(	PUNCT
cblr-7807	103	27	“	"	PUNCT
cblr-7807	103	28	the	the	DET
cblr-7807	103	29	present	present	ADJ
cblr-7807	103	30	value	value	NOUN
cblr-7807	103	31	of	of	ADP
cblr-7807	103	32	a	a	DET
cblr-7807	103	33	dollar	dollar	NOUN
cblr-7807	103	34	to	to	PART
cblr-7807	103	35	be	be	AUX
cblr-7807	103	36	received	receive	VERB
cblr-7807	103	37	one	one	NUM
cblr-7807	103	38	year	year	NOUN
cblr-7807	103	39	from	from	ADP
cblr-7807	103	40	now	now	ADV
cblr-7807	103	41	at	at	ADP
cblr-7807	103	42	an	an	DET
cblr-7807	103	43	interest	interest	NOUN
cblr-7807	103	44	rate	rate	NOUN
cblr-7807	103	45	of	of	ADP
cblr-7807	103	46	10	10	NUM
cblr-7807	103	47	percent	percent	NOUN
cblr-7807	103	48	is	be	AUX
cblr-7807	103	49	$	$	SYM
cblr-7807	103	50	1.00/1.10	1.00/1.10	NUM
cblr-7807	103	51	=	=	SYM
cblr-7807	103	52	$	$	SYM
cblr-7807	103	53	0.909	0.909	NUM
cblr-7807	103	54	.	.	PUNCT
cblr-7807	103	55	”	"	PUNCT
cblr-7807	103	56	)	)	PUNCT
cblr-7807	103	57	.	.	PUNCT
cblr-7807	104	1	bainbridge	bainbridge	PROPN
cblr-7807	104	2	(	(	PUNCT
cblr-7807	104	3	comment	comment	NOUN
cblr-7807	104	4	)	)	PUNCT
cblr-7807	104	5	12/28/2020	12/28/2020	NUM
cblr-7807	104	6	3:25	3:25	NUM
cblr-7807	104	7	pm	pm	NOUN
cblr-7807	104	8	808	808	NUM
cblr-7807	104	9	columbia	columbia	PROPN
cblr-7807	104	10	business	business	NOUN
cblr-7807	104	11	law	law	PROPN
cblr-7807	104	12	review	review	NOUN
cblr-7807	104	13	[	[	X
cblr-7807	104	14	vol	vol	NOUN
cblr-7807	104	15	.	.	X
cblr-7807	104	16	2020	2020	NUM
cblr-7807	104	17	including	include	VERB
cblr-7807	104	18	corporate	corporate	ADJ
cblr-7807	104	19	managers	manager	NOUN
cblr-7807	104	20	—	—	PUNCT
cblr-7807	104	21	is	be	AUX
cblr-7807	104	22	subject	subject	ADJ
cblr-7807	104	23	to	to	ADP
cblr-7807	104	24	biases	bias	NOUN
cblr-7807	104	25	that	that	PRON
cblr-7807	104	26	cause	cause	VERB
cblr-7807	104	27	systemic	systemic	ADJ
cblr-7807	104	28	departures	departure	NOUN
cblr-7807	104	29	from	from	ADP
cblr-7807	104	30	rationality	rationality	NOUN
cblr-7807	104	31	.	.	PUNCT
cblr-7807	105	1	indeed	indeed	ADV
cblr-7807	105	2	,	,	PUNCT
cblr-7807	105	3	the	the	DET
cblr-7807	105	4	proposition	proposition	NOUN
cblr-7807	105	5	that	that	SCONJ
cblr-7807	105	6	corporate	corporate	ADJ
cblr-7807	105	7	managers	manager	NOUN
cblr-7807	105	8	can	can	AUX
cblr-7807	105	9	be	be	AUX
cblr-7807	105	10	subject	subject	ADJ
cblr-7807	105	11	to	to	ADP
cblr-7807	105	12	the	the	DET
cblr-7807	105	13	overconfidence	overconfidence	NOUN
cblr-7807	105	14	bias	bias	NOUN
cblr-7807	105	15	is	be	AUX
cblr-7807	105	16	neither	neither	CCONJ
cblr-7807	105	17	new	new	ADJ
cblr-7807	105	18	nor	nor	CCONJ
cblr-7807	105	19	surprising.28	surprising.28	NOUN
cblr-7807	105	20	to	to	ADP
cblr-7807	105	21	the	the	DET
cblr-7807	105	22	contrary	contrary	NOUN
cblr-7807	105	23	,	,	PUNCT
cblr-7807	105	24	as	as	SCONJ
cblr-7807	105	25	barzuza	barzuza	NOUN
cblr-7807	105	26	and	and	CCONJ
cblr-7807	105	27	talley	talley	PROPN
cblr-7807	105	28	explain	explain	VERB
cblr-7807	105	29	,	,	PUNCT
cblr-7807	105	30	a	a	DET
cblr-7807	105	31	number	number	NOUN
cblr-7807	105	32	of	of	ADP
cblr-7807	105	33	studies	study	NOUN
cblr-7807	105	34	and	and	CCONJ
cblr-7807	105	35	experiments	experiment	NOUN
cblr-7807	105	36	confirm	confirm	VERB
cblr-7807	105	37	the	the	DET
cblr-7807	105	38	phenomenon.29	phenomenon.29	NOUN
cblr-7807	105	39	in	in	ADP
cblr-7807	105	40	addition	addition	NOUN
cblr-7807	105	41	,	,	PUNCT
cblr-7807	105	42	barzuza	barzuza	NOUN
cblr-7807	105	43	and	and	CCONJ
cblr-7807	105	44	talley	talley	NOUN
cblr-7807	105	45	are	be	AUX
cblr-7807	105	46	doubtless	doubtless	ADV
cblr-7807	105	47	correct	correct	ADJ
cblr-7807	105	48	that	that	SCONJ
cblr-7807	105	49	managers	manager	NOUN
cblr-7807	105	50	often	often	ADV
cblr-7807	105	51	exhibit	exhibit	VERB
cblr-7807	105	52	a	a	DET
cblr-7807	105	53	bias	bias	NOUN
cblr-7807	105	54	towards	towards	ADP
cblr-7807	105	55	the	the	DET
cblr-7807	105	56	long	long	ADJ
cblr-7807	105	57	term	term	NOUN
cblr-7807	105	58	,	,	PUNCT
cblr-7807	105	59	rather	rather	ADV
cblr-7807	105	60	than	than	ADP
cblr-7807	105	61	the	the	DET
cblr-7807	105	62	short	short	ADJ
cblr-7807	105	63	term	term	NOUN
cblr-7807	105	64	assumed	assume	VERB
cblr-7807	105	65	by	by	ADP
cblr-7807	105	66	conventional	conventional	ADJ
cblr-7807	105	67	wisdom	wisdom	NOUN
cblr-7807	105	68	.	.	PUNCT
cblr-7807	106	1	as	as	SCONJ
cblr-7807	106	2	bhagat	bhagat	PROPN
cblr-7807	106	3	and	and	CCONJ
cblr-7807	106	4	hubbard	hubbard	PROPN
cblr-7807	106	5	explain	explain	VERB
cblr-7807	106	6	,	,	PUNCT
cblr-7807	106	7	for	for	ADP
cblr-7807	106	8	example	example	NOUN
cblr-7807	106	9	,	,	PUNCT
cblr-7807	106	10	there	there	PRON
cblr-7807	106	11	is	be	VERB
cblr-7807	106	12	a	a	DET
cblr-7807	106	13	considerable	considerable	ADJ
cblr-7807	106	14	body	body	NOUN
cblr-7807	106	15	of	of	ADP
cblr-7807	106	16	“	"	PUNCT
cblr-7807	106	17	empirical	empirical	ADJ
cblr-7807	106	18	evidence	evidence	NOUN
cblr-7807	106	19	in	in	ADP
cblr-7807	106	20	the	the	DET
cblr-7807	106	21	finance	finance	NOUN
cblr-7807	106	22	research	research	NOUN
cblr-7807	106	23	consistent	consistent	ADJ
cblr-7807	106	24	with	with	ADP
cblr-7807	106	25	managers	manager	NOUN
cblr-7807	106	26	and	and	CCONJ
cblr-7807	106	27	investors	investor	NOUN
cblr-7807	106	28	focusing	focus	VERB
cblr-7807	106	29	on	on	ADP
cblr-7807	106	30	long	long	ADJ
cblr-7807	106	31	-	-	PUNCT
cblr-7807	106	32	term	term	NOUN
cblr-7807	106	33	shareholder	shareholder	NOUN
cblr-7807	106	34	value	value	NOUN
cblr-7807	106	35	.	.	PUNCT
cblr-7807	107	1	”30	”30	PROPN
cblr-7807	107	2	likewise	likewise	ADV
cblr-7807	107	3	,	,	PUNCT
cblr-7807	107	4	other	other	ADJ
cblr-7807	107	5	28	28	NUM
cblr-7807	107	6	see	see	NOUN
cblr-7807	107	7	,	,	PUNCT
cblr-7807	107	8	e.g.	e.g.	ADV
cblr-7807	107	9	,	,	PUNCT
cblr-7807	107	10	donald	donald	PROPN
cblr-7807	107	11	c.	c.	PROPN
cblr-7807	107	12	langevoort	langevoort	PROPN
cblr-7807	107	13	,	,	PUNCT
cblr-7807	107	14	organized	organized	ADJ
cblr-7807	107	15	illusions	illusion	NOUN
cblr-7807	107	16	:	:	PUNCT
cblr-7807	107	17	a	a	DET
cblr-7807	107	18	behavioral	behavioral	ADJ
cblr-7807	107	19	theory	theory	NOUN
cblr-7807	107	20	of	of	ADP
cblr-7807	107	21	why	why	SCONJ
cblr-7807	107	22	corporations	corporation	NOUN
cblr-7807	107	23	mislead	mislead	VERB
cblr-7807	107	24	stock	stock	NOUN
cblr-7807	107	25	market	market	NOUN
cblr-7807	107	26	investors	investor	NOUN
cblr-7807	107	27	(	(	PUNCT
cblr-7807	107	28	and	and	CCONJ
cblr-7807	107	29	cause	cause	VERB
cblr-7807	107	30	other	other	ADJ
cblr-7807	107	31	social	social	ADJ
cblr-7807	107	32	harms	harm	NOUN
cblr-7807	107	33	)	)	PUNCT
cblr-7807	107	34	,	,	PUNCT
cblr-7807	107	35	146	146	NUM
cblr-7807	107	36	u.	u.	PROPN
cblr-7807	107	37	pa	pa	PROPN
cblr-7807	107	38	.	.	PUNCT
cblr-7807	107	39	l.	l.	PROPN
cblr-7807	107	40	rev	rev	PROPN
cblr-7807	107	41	.	.	PROPN
cblr-7807	107	42	101	101	NUM
cblr-7807	107	43	,	,	PUNCT
cblr-7807	107	44	139–42	139–42	NUM
cblr-7807	107	45	(	(	PUNCT
cblr-7807	107	46	1997	1997	NUM
cblr-7807	107	47	)	)	PUNCT
cblr-7807	107	48	(	(	PUNCT
cblr-7807	107	49	discussing	discuss	VERB
cblr-7807	107	50	how	how	SCONJ
cblr-7807	107	51	the	the	DET
cblr-7807	107	52	overconfidence	overconfidence	NOUN
cblr-7807	107	53	bias	bias	NOUN
cblr-7807	107	54	can	can	AUX
cblr-7807	107	55	impact	impact	VERB
cblr-7807	107	56	corporate	corporate	ADJ
cblr-7807	107	57	decision	decision	NOUN
cblr-7807	107	58	makers	maker	NOUN
cblr-7807	107	59	)	)	PUNCT
cblr-7807	107	60	;	;	PUNCT
cblr-7807	107	61	susanna	susanna	PROPN
cblr-7807	107	62	kim	kim	PROPN
cblr-7807	107	63	ripken	ripken	PROPN
cblr-7807	107	64	,	,	PUNCT
cblr-7807	107	65	predictions	prediction	NOUN
cblr-7807	107	66	,	,	PUNCT
cblr-7807	107	67	projections	projection	NOUN
cblr-7807	107	68	,	,	PUNCT
cblr-7807	107	69	and	and	CCONJ
cblr-7807	107	70	precautions	precaution	NOUN
cblr-7807	107	71	:	:	PUNCT
cblr-7807	107	72	conveying	convey	VERB
cblr-7807	107	73	cautionary	cautionary	ADJ
cblr-7807	107	74	warnings	warning	NOUN
cblr-7807	107	75	in	in	ADP
cblr-7807	107	76	corporate	corporate	ADJ
cblr-7807	107	77	forward	forward	ADV
cblr-7807	107	78	-	-	PUNCT
cblr-7807	107	79	looking	look	VERB
cblr-7807	107	80	statements	statement	NOUN
cblr-7807	107	81	,	,	PUNCT
cblr-7807	107	82	2005	2005	NUM
cblr-7807	107	83	u.	u.	PROPN
cblr-7807	107	84	ill	ill	PROPN
cblr-7807	107	85	.	.	PUNCT
cblr-7807	108	1	l.	l.	PROPN
cblr-7807	108	2	rev	rev	PROPN
cblr-7807	108	3	.	.	PROPN
cblr-7807	108	4	929	929	NUM
cblr-7807	108	5	,	,	PUNCT
cblr-7807	108	6	959	959	NUM
cblr-7807	108	7	(	(	PUNCT
cblr-7807	108	8	2005	2005	NUM
cblr-7807	108	9	)	)	PUNCT
cblr-7807	108	10	(	(	PUNCT
cblr-7807	108	11	“	"	PUNCT
cblr-7807	108	12	for	for	ADP
cblr-7807	108	13	corporate	corporate	ADJ
cblr-7807	108	14	managers	manager	NOUN
cblr-7807	108	15	,	,	PUNCT
cblr-7807	108	16	this	this	DET
cblr-7807	108	17	overconfidence	overconfidence	NOUN
cblr-7807	108	18	bias	bias	NOUN
cblr-7807	108	19	can	can	AUX
cblr-7807	108	20	lead	lead	VERB
cblr-7807	108	21	not	not	PART
cblr-7807	108	22	only	only	ADV
cblr-7807	108	23	to	to	ADP
cblr-7807	108	24	self	self	NOUN
cblr-7807	108	25	-	-	PUNCT
cblr-7807	108	26	serving	serve	VERB
cblr-7807	108	27	beliefs	belief	NOUN
cblr-7807	108	28	about	about	ADP
cblr-7807	108	29	their	their	PRON
cblr-7807	108	30	managerial	managerial	ADJ
cblr-7807	108	31	skills	skill	NOUN
cblr-7807	108	32	,	,	PUNCT
cblr-7807	108	33	but	but	CCONJ
cblr-7807	108	34	also	also	ADV
cblr-7807	108	35	to	to	ADP
cblr-7807	108	36	an	an	DET
cblr-7807	108	37	overestimation	overestimation	NOUN
cblr-7807	108	38	of	of	ADP
cblr-7807	108	39	their	their	PRON
cblr-7807	108	40	knowledge	knowledge	NOUN
cblr-7807	108	41	and	and	CCONJ
cblr-7807	108	42	of	of	ADP
cblr-7807	108	43	the	the	DET
cblr-7807	108	44	validity	validity	NOUN
cblr-7807	108	45	of	of	ADP
cblr-7807	108	46	their	their	PRON
cblr-7807	108	47	judgments	judgment	NOUN
cblr-7807	108	48	.	.	PUNCT
cblr-7807	108	49	”	"	PUNCT
cblr-7807	108	50	)	)	PUNCT
cblr-7807	108	51	.	.	PUNCT
cblr-7807	109	1	29	29	NUM
cblr-7807	109	2	see	see	VERB
cblr-7807	109	3	barzuza	barzuza	NOUN
cblr-7807	109	4	&	&	CCONJ
cblr-7807	109	5	talley	talley	PROPN
cblr-7807	109	6	,	,	PUNCT
cblr-7807	109	7	supra	supra	PROPN
cblr-7807	109	8	note	note	NOUN
cblr-7807	109	9	12	12	NUM
cblr-7807	109	10	,	,	PUNCT
cblr-7807	109	11	at	at	ADP
cblr-7807	109	12	136–39	136–39	PROPN
cblr-7807	109	13	(	(	PUNCT
cblr-7807	109	14	discussing	discuss	VERB
cblr-7807	109	15	the	the	DET
cblr-7807	109	16	empirical	empirical	ADJ
cblr-7807	109	17	evidence	evidence	NOUN
cblr-7807	109	18	)	)	PUNCT
cblr-7807	109	19	.	.	PUNCT
cblr-7807	110	1	30	30	NUM
cblr-7807	110	2	sanjai	sanjai	VERB
cblr-7807	110	3	bhagat	bhagat	PROPN
cblr-7807	110	4	&	&	CCONJ
cblr-7807	110	5	glenn	glenn	PROPN
cblr-7807	110	6	hubbard	hubbard	PROPN
cblr-7807	110	7	,	,	PUNCT
cblr-7807	110	8	should	should	AUX
cblr-7807	110	9	the	the	DET
cblr-7807	110	10	modern	modern	ADJ
cblr-7807	110	11	corporation	corporation	NOUN
cblr-7807	110	12	maximize	maximize	VERB
cblr-7807	110	13	shareholder	shareholder	NOUN
cblr-7807	110	14	value	value	NOUN
cblr-7807	110	15	?	?	PUNCT
cblr-7807	111	1	7	7	NUM
cblr-7807	111	2	(	(	PUNCT
cblr-7807	111	3	am	be	AUX
cblr-7807	111	4	.	.	PUNCT
cblr-7807	111	5	enter	enter	VERB
cblr-7807	111	6	.	.	PUNCT
cblr-7807	112	1	inst	inst	PROPN
cblr-7807	112	2	.	.	PUNCT
cblr-7807	112	3	econ	econ	PROPN
cblr-7807	112	4	.	.	PUNCT
cblr-7807	112	5	persps	persps	PROPN
cblr-7807	112	6	.	.	PUNCT
cblr-7807	113	1	no	no	INTJ
cblr-7807	113	2	.	.	NOUN
cblr-7807	114	1	2020	2020	NUM
cblr-7807	114	2	-	-	SYM
cblr-7807	114	3	08	08	NUM
cblr-7807	114	4	,	,	PUNCT
cblr-7807	114	5	2020	2020	NUM
cblr-7807	114	6	)	)	PUNCT
cblr-7807	114	7	,	,	PUNCT
cblr-7807	114	8	https://www.aei.org/wpcontent/uploads/2020/09/should-the-modern-corporation-maximizeshareholder-value.pdf	https://www.aei.org/wpcontent/uploads/2020/09/should-the-modern-corporation-maximizeshareholder-value.pdf	X
cblr-7807	114	9	(	(	PUNCT
cblr-7807	114	10	on	on	ADP
cblr-7807	114	11	file	file	NOUN
cblr-7807	114	12	with	with	ADP
cblr-7807	114	13	the	the	DET
cblr-7807	114	14	columbia	columbia	PROPN
cblr-7807	114	15	business	business	PROPN
cblr-7807	114	16	law	law	PROPN
cblr-7807	114	17	review	review	PROPN
cblr-7807	114	18	)	)	PUNCT
cblr-7807	114	19	.	.	PUNCT
cblr-7807	115	1	they	they	PRON
cblr-7807	115	2	further	far	ADV
cblr-7807	115	3	explain	explain	VERB
cblr-7807	115	4	that	that	SCONJ
cblr-7807	115	5	:	:	PUNCT
cblr-7807	116	1	[	[	X
cblr-7807	116	2	m]ore	m]ore	NOUN
cblr-7807	116	3	than	than	ADP
cblr-7807	116	4	80	80	NUM
cblr-7807	116	5	percent	percent	NOUN
cblr-7807	116	6	of	of	ADP
cblr-7807	116	7	the	the	DET
cblr-7807	116	8	initial	initial	ADJ
cblr-7807	116	9	public	public	ADJ
cblr-7807	116	10	offerings	offering	NOUN
cblr-7807	116	11	(	(	PUNCT
cblr-7807	116	12	ipos	ipos	NOUN
cblr-7807	116	13	)	)	PUNCT
cblr-7807	116	14	in	in	ADP
cblr-7807	116	15	the	the	DET
cblr-7807	116	16	united	united	PROPN
cblr-7807	116	17	states	states	PROPN
cblr-7807	116	18	have	have	VERB
cblr-7807	116	19	negative	negative	ADJ
cblr-7807	116	20	earnings	earning	NOUN
cblr-7807	116	21	during	during	ADP
cblr-7807	116	22	the	the	DET
cblr-7807	116	23	12	12	NUM
cblr-7807	116	24	months	month	NOUN
cblr-7807	116	25	before	before	ADP
cblr-7807	116	26	the	the	DET
cblr-7807	116	27	ipo	ipo	NOUN
cblr-7807	116	28	.	.	PUNCT
cblr-7807	117	1	yet	yet	ADV
cblr-7807	117	2	,	,	PUNCT
cblr-7807	117	3	the	the	DET
cblr-7807	117	4	market	market	NOUN
cblr-7807	117	5	value	value	NOUN
cblr-7807	117	6	of	of	ADP
cblr-7807	117	7	these	these	DET
cblr-7807	117	8	companies	company	NOUN
cblr-7807	117	9	at	at	ADP
cblr-7807	117	10	the	the	DET
cblr-7807	117	11	time	time	NOUN
cblr-7807	117	12	of	of	ADP
cblr-7807	117	13	the	the	DET
cblr-7807	117	14	ipo	ipo	NOUN
cblr-7807	117	15	is	be	AUX
cblr-7807	117	16	often	often	ADV
cblr-7807	117	17	in	in	ADP
cblr-7807	117	18	the	the	DET
cblr-7807	117	19	hundreds	hundred	NOUN
cblr-7807	117	20	of	of	ADP
cblr-7807	117	21	millions	million	NOUN
cblr-7807	117	22	of	of	ADP
cblr-7807	117	23	dollars	dollar	NOUN
cblr-7807	117	24	—	—	PUNCT
cblr-7807	117	25	indeed	indeed	ADV
cblr-7807	117	26	for	for	ADP
cblr-7807	117	27	some	some	PRON
cblr-7807	117	28	,	,	PUNCT
cblr-7807	117	29	in	in	ADP
cblr-7807	117	30	the	the	DET
cblr-7807	117	31	billions	billion	NOUN
cblr-7807	117	32	.	.	PUNCT
cblr-7807	118	1	investors	investor	NOUN
cblr-7807	118	2	in	in	ADP
cblr-7807	118	3	these	these	DET
cblr-7807	118	4	ipos	ipos	NOUN
cblr-7807	118	5	and	and	CCONJ
cblr-7807	118	6	managers	manager	NOUN
cblr-7807	118	7	of	of	ADP
cblr-7807	118	8	these	these	DET
cblr-7807	118	9	companies	company	NOUN
cblr-7807	118	10	have	have	VERB
cblr-7807	118	11	to	to	PART
cblr-7807	118	12	be	be	AUX
cblr-7807	118	13	thinking	think	VERB
cblr-7807	118	14	of	of	ADP
cblr-7807	118	15	something	something	PRON
cblr-7807	118	16	other	other	ADJ
cblr-7807	118	17	than	than	ADP
cblr-7807	118	18	losses	loss	NOUN
cblr-7807	118	19	in	in	ADP
cblr-7807	118	20	valuing	value	VERB
cblr-7807	118	21	these	these	DET
cblr-7807	118	22	companies	company	NOUN
cblr-7807	118	23	.	.	PUNCT
cblr-7807	119	1	investors	investor	NOUN
cblr-7807	119	2	and	and	CCONJ
cblr-7807	119	3	managers	manager	NOUN
cblr-7807	119	4	in	in	ADP
cblr-7807	119	5	these	these	DET
cblr-7807	119	6	companies	company	NOUN
cblr-7807	119	7	expect	expect	VERB
cblr-7807	119	8	the	the	DET
cblr-7807	119	9	company	company	NOUN
cblr-7807	119	10	’s	’s	PART
cblr-7807	119	11	earnings	earning	NOUN
cblr-7807	119	12	(	(	PUNCT
cblr-7807	119	13	cash	cash	NOUN
cblr-7807	119	14	flows	flow	NOUN
cblr-7807	119	15	)	)	PUNCT
cblr-7807	119	16	will	will	AUX
cblr-7807	119	17	grow	grow	VERB
cblr-7807	119	18	over	over	ADP
cblr-7807	119	19	time	time	NOUN
cblr-7807	119	20	,	,	PUNCT
cblr-7807	119	21	turn	turn	VERB
cblr-7807	119	22	positive	positive	ADJ
cblr-7807	119	23	,	,	PUNCT
cblr-7807	119	24	and	and	CCONJ
cblr-7807	119	25	keep	keep	VERB
cblr-7807	119	26	growing	grow	VERB
cblr-7807	119	27	.	.	PUNCT
cblr-7807	120	1	the	the	DET
cblr-7807	120	2	present	present	ADJ
cblr-7807	120	3	value	value	NOUN
cblr-7807	120	4	of	of	ADP
cblr-7807	120	5	these	these	DET
cblr-7807	120	6	future	future	ADJ
cblr-7807	120	7	earnings	earning	NOUN
cblr-7807	120	8	extending	extend	VERB
cblr-7807	120	9	a	a	DET
cblr-7807	120	10	decade	decade	NOUN
cblr-7807	120	11	bainbridge	bainbridge	NOUN
cblr-7807	120	12	(	(	PUNCT
cblr-7807	120	13	comment	comment	NOUN
cblr-7807	120	14	)	)	PUNCT
cblr-7807	120	15	12/28/2020	12/28/2020	NUM
cblr-7807	120	16	3:25	3:25	NUM
cblr-7807	120	17	pm	pm	NOUN
cblr-7807	120	18	no	no	INTJ
cblr-7807	120	19	.	.	PUNCT
cblr-7807	121	1	3:801	3:801	NUM
cblr-7807	121	2	]	]	X
cblr-7807	121	3	long	long	ADJ
cblr-7807	121	4	-	-	PUNCT
cblr-7807	121	5	term	term	NOUN
cblr-7807	121	6	bias	bias	NOUN
cblr-7807	121	7	and	and	CCONJ
cblr-7807	121	8	director	director	NOUN
cblr-7807	121	9	primacy	primacy	NOUN
cblr-7807	121	10	809	809	NUM
cblr-7807	121	11	commentators	commentator	NOUN
cblr-7807	121	12	have	have	AUX
cblr-7807	121	13	contested	contest	VERB
cblr-7807	121	14	the	the	DET
cblr-7807	121	15	proposition	proposition	NOUN
cblr-7807	121	16	that	that	SCONJ
cblr-7807	121	17	a	a	DET
cblr-7807	121	18	shortterm	shortterm	NOUN
cblr-7807	121	19	focus	focus	NOUN
cblr-7807	121	20	is	be	AUX
cblr-7807	121	21	pervasive	pervasive	ADJ
cblr-7807	121	22	and	and	CCONJ
cblr-7807	121	23	inherently	inherently	ADV
cblr-7807	121	24	undesirable.31	undesirable.31	ADJ
cblr-7807	121	25	barzuza	barzuza	NOUN
cblr-7807	121	26	and	and	CCONJ
cblr-7807	121	27	talley	talley	PROPN
cblr-7807	121	28	thus	thus	ADV
cblr-7807	121	29	have	have	AUX
cblr-7807	121	30	built	build	VERB
cblr-7807	121	31	their	their	PRON
cblr-7807	121	32	analytical	analytical	ADJ
cblr-7807	121	33	framework	framework	NOUN
cblr-7807	121	34	on	on	ADP
cblr-7807	121	35	a	a	DET
cblr-7807	121	36	solid	solid	ADJ
cblr-7807	121	37	foundation	foundation	NOUN
cblr-7807	121	38	.	.	PUNCT
cblr-7807	122	1	accordingly	accordingly	ADV
cblr-7807	122	2	,	,	PUNCT
cblr-7807	122	3	i	i	PRON
cblr-7807	122	4	am	be	AUX
cblr-7807	122	5	concerned	concern	VERB
cblr-7807	122	6	mainly	mainly	ADV
cblr-7807	122	7	with	with	ADP
cblr-7807	122	8	the	the	DET
cblr-7807	122	9	implications	implication	NOUN
cblr-7807	122	10	that	that	PRON
cblr-7807	122	11	barzuza	barzuza	NOUN
cblr-7807	122	12	and	and	CCONJ
cblr-7807	122	13	talley	talley	NOUN
cblr-7807	122	14	draw	draw	VERB
cblr-7807	122	15	from	from	ADP
cblr-7807	122	16	their	their	PRON
cblr-7807	122	17	analysis	analysis	NOUN
cblr-7807	122	18	.	.	PUNCT
cblr-7807	123	1	having	having	AUX
cblr-7807	123	2	said	say	VERB
cblr-7807	123	3	that	that	PRON
cblr-7807	123	4	,	,	PUNCT
cblr-7807	123	5	however	however	ADV
cblr-7807	123	6	,	,	PUNCT
cblr-7807	123	7	i	i	PRON
cblr-7807	123	8	open	open	VERB
cblr-7807	123	9	in	in	ADP
cblr-7807	123	10	part	part	NOUN
cblr-7807	123	11	ii	ii	NUM
cblr-7807	123	12	by	by	ADP
cblr-7807	123	13	offering	offer	VERB
cblr-7807	123	14	some	some	DET
cblr-7807	123	15	minor	minor	ADJ
cblr-7807	123	16	quibbles	quibble	NOUN
cblr-7807	123	17	with	with	ADP
cblr-7807	123	18	their	their	PRON
cblr-7807	123	19	analysis	analysis	NOUN
cblr-7807	123	20	.	.	PUNCT
cblr-7807	124	1	none	none	NOUN
cblr-7807	124	2	of	of	ADP
cblr-7807	124	3	these	these	DET
cblr-7807	124	4	quibbles	quibble	NOUN
cblr-7807	124	5	invalidate	invalidate	VERB
cblr-7807	124	6	it	it	PRON
cblr-7807	124	7	,	,	PUNCT
cblr-7807	124	8	but	but	CCONJ
cblr-7807	124	9	they	they	PRON
cblr-7807	124	10	may	may	AUX
cblr-7807	124	11	help	help	VERB
cblr-7807	124	12	flesh	flesh	VERB
cblr-7807	124	13	it	it	PRON
cblr-7807	124	14	out	out	ADP
cblr-7807	124	15	.	.	PUNCT
cblr-7807	125	1	in	in	ADP
cblr-7807	125	2	part	part	PROPN
cblr-7807	125	3	iii	iii	NOUN
cblr-7807	125	4	,	,	PUNCT
cblr-7807	125	5	i	i	PRON
cblr-7807	125	6	turn	turn	VERB
cblr-7807	125	7	to	to	ADP
cblr-7807	125	8	the	the	DET
cblr-7807	125	9	implications	implication	NOUN
cblr-7807	125	10	of	of	ADP
cblr-7807	125	11	their	their	PRON
cblr-7807	125	12	analysis	analysis	NOUN
cblr-7807	125	13	for	for	ADP
cblr-7807	125	14	judicial	judicial	ADJ
cblr-7807	125	15	review	review	NOUN
cblr-7807	125	16	of	of	ADP
cblr-7807	125	17	corporate	corporate	ADJ
cblr-7807	125	18	decisions	decision	NOUN
cblr-7807	125	19	.	.	PUNCT
cblr-7807	126	1	finally	finally	ADV
cblr-7807	126	2	,	,	PUNCT
cblr-7807	126	3	in	in	ADP
cblr-7807	126	4	part	part	NOUN
cblr-7807	126	5	iv	iv	NUM
cblr-7807	126	6	,	,	PUNCT
cblr-7807	126	7	i	i	PRON
cblr-7807	126	8	differ	differ	VERB
cblr-7807	126	9	sharply	sharply	ADV
cblr-7807	126	10	with	with	ADP
cblr-7807	126	11	their	their	PRON
cblr-7807	126	12	recommendations	recommendation	NOUN
cblr-7807	126	13	regarding	regard	VERB
cblr-7807	126	14	shareholder	shareholder	NOUN
cblr-7807	126	15	powers	power	NOUN
cblr-7807	126	16	.	.	PUNCT
cblr-7807	127	1	both	both	DET
cblr-7807	127	2	parts	part	NOUN
cblr-7807	127	3	iii	iii	NOUN
cblr-7807	127	4	and	and	CCONJ
cblr-7807	127	5	iv	iv	NUM
cblr-7807	127	6	ask	ask	VERB
cblr-7807	127	7	similar	similar	ADJ
cblr-7807	127	8	questions	question	NOUN
cblr-7807	127	9	.	.	PUNCT
cblr-7807	128	1	are	be	AUX
cblr-7807	128	2	judges	judge	NOUN
cblr-7807	128	3	or	or	CCONJ
cblr-7807	128	4	shareholders	shareholder	NOUN
cblr-7807	128	5	better	well	ADV
cblr-7807	128	6	equipped	equip	VERB
cblr-7807	128	7	than	than	ADP
cblr-7807	128	8	directors	director	NOUN
cblr-7807	128	9	to	to	PART
cblr-7807	128	10	distinguish	distinguish	VERB
cblr-7807	128	11	among	among	ADP
cblr-7807	128	12	unbiased	unbiased	ADJ
cblr-7807	128	13	managers	manager	NOUN
cblr-7807	128	14	—	—	PUNCT
cblr-7807	128	15	both	both	CCONJ
cblr-7807	128	16	those	those	PRON
cblr-7807	128	17	suffering	suffer	VERB
cblr-7807	128	18	from	from	ADP
cblr-7807	128	19	shortterm	shortterm	PROPN
cblr-7807	128	20	bias	bias	NOUN
cblr-7807	128	21	and	and	CCONJ
cblr-7807	128	22	those	those	PRON
cblr-7807	128	23	suffering	suffer	VERB
cblr-7807	128	24	from	from	ADP
cblr-7807	128	25	long	long	ADJ
cblr-7807	128	26	-	-	PUNCT
cblr-7807	128	27	term	term	NOUN
cblr-7807	128	28	bias	bias	NOUN
cblr-7807	128	29	?	?	PUNCT
cblr-7807	129	1	and	and	CCONJ
cblr-7807	129	2	are	be	AUX
cblr-7807	129	3	judges	judge	NOUN
cblr-7807	129	4	or	or	CCONJ
cblr-7807	129	5	shareholders	shareholder	NOUN
cblr-7807	129	6	better	well	ADV
cblr-7807	129	7	equipped	equip	VERB
cblr-7807	129	8	than	than	ADP
cblr-7807	129	9	directors	director	NOUN
cblr-7807	129	10	to	to	PART
cblr-7807	129	11	intervene	intervene	VERB
cblr-7807	129	12	when	when	SCONJ
cblr-7807	129	13	managers	manager	NOUN
cblr-7807	129	14	suffer	suffer	VERB
cblr-7807	129	15	from	from	ADP
cblr-7807	129	16	either	either	CCONJ
cblr-7807	129	17	short	short	ADJ
cblr-7807	129	18	-	-	PUNCT
cblr-7807	129	19	term	term	NOUN
cblr-7807	129	20	or	or	CCONJ
cblr-7807	129	21	long	long	ADJ
cblr-7807	129	22	-	-	PUNCT
cblr-7807	129	23	term	term	NOUN
cblr-7807	129	24	bias	bias	NOUN
cblr-7807	129	25	?	?	PUNCT
cblr-7807	130	1	my	my	PRON
cblr-7807	130	2	answer	answer	NOUN
cblr-7807	130	3	to	to	ADP
cblr-7807	130	4	both	both	PRON
cblr-7807	130	5	is	be	AUX
cblr-7807	130	6	a	a	DET
cblr-7807	130	7	definitive	definitive	ADJ
cblr-7807	130	8	“	"	PUNCT
cblr-7807	130	9	no	no	INTJ
cblr-7807	130	10	.	.	PUNCT
cblr-7807	130	11	”	"	PUNCT
cblr-7807	130	12	ii	ii	PROPN
cblr-7807	130	13	.	.	PUNCT
cblr-7807	131	1	quibbles	quibble	NOUN
cblr-7807	131	2	although	although	SCONJ
cblr-7807	131	3	i	i	PRON
cblr-7807	131	4	am	be	AUX
cblr-7807	131	5	in	in	ADP
cblr-7807	131	6	broad	broad	ADJ
cblr-7807	131	7	agreement	agreement	NOUN
cblr-7807	131	8	with	with	ADP
cblr-7807	131	9	both	both	CCONJ
cblr-7807	131	10	barzuza	barzuza	NOUN
cblr-7807	131	11	and	and	CCONJ
cblr-7807	131	12	talley	talley	NOUN
cblr-7807	131	13	’s	’s	PART
cblr-7807	131	14	thesis	thesis	NOUN
cblr-7807	131	15	and	and	CCONJ
cblr-7807	131	16	their	their	PRON
cblr-7807	131	17	supporting	support	VERB
cblr-7807	131	18	arguments	argument	NOUN
cblr-7807	131	19	,	,	PUNCT
cblr-7807	131	20	a	a	DET
cblr-7807	131	21	few	few	ADJ
cblr-7807	131	22	qualifications	qualification	NOUN
cblr-7807	131	23	are	be	AUX
cblr-7807	131	24	in	in	ADP
cblr-7807	131	25	order	order	NOUN
cblr-7807	131	26	.	.	PUNCT
cblr-7807	132	1	first	first	ADV
cblr-7807	132	2	,	,	PUNCT
cblr-7807	132	3	i	i	PRON
cblr-7807	132	4	suggest	suggest	VERB
cblr-7807	132	5	that	that	SCONJ
cblr-7807	132	6	we	we	PRON
cblr-7807	132	7	do	do	AUX
cblr-7807	132	8	not	not	PART
cblr-7807	132	9	know	know	VERB
cblr-7807	132	10	whether	whether	SCONJ
cblr-7807	132	11	managers	manager	NOUN
cblr-7807	132	12	are	be	AUX
cblr-7807	132	13	more	more	ADV
cblr-7807	132	14	often	often	ADV
cblr-7807	132	15	subject	subject	ADJ
cblr-7807	132	16	to	to	ADP
cblr-7807	132	17	shortor	shortor	NOUN
cblr-7807	132	18	long	long	ADJ
cblr-7807	132	19	-	-	PUNCT
cblr-7807	132	20	term	term	NOUN
cblr-7807	132	21	biases	bias	NOUN
cblr-7807	132	22	.	.	PUNCT
cblr-7807	133	1	second	second	ADV
cblr-7807	133	2	,	,	PUNCT
cblr-7807	133	3	i	i	PRON
cblr-7807	133	4	suggest	suggest	VERB
cblr-7807	133	5	an	an	DET
cblr-7807	133	6	alternative	alternative	NOUN
cblr-7807	133	7	—	—	PUNCT
cblr-7807	133	8	albeit	albeit	SCONJ
cblr-7807	133	9	perhaps	perhaps	ADV
cblr-7807	133	10	a	a	DET
cblr-7807	133	11	complementary	complementary	ADJ
cblr-7807	133	12	rather	rather	ADV
cblr-7807	133	13	than	than	ADP
cblr-7807	133	14	competing	compete	VERB
cblr-7807	133	15	—	—	PUNCT
cblr-7807	133	16	explanation	explanation	NOUN
cblr-7807	133	17	for	for	ADP
cblr-7807	133	18	the	the	DET
cblr-7807	133	19	management	management	NOUN
cblr-7807	133	20	behavior	behavior	NOUN
cblr-7807	133	21	barzuza	barzuza	NOUN
cblr-7807	133	22	and	and	CCONJ
cblr-7807	133	23	talley	talley	PROPN
cblr-7807	133	24	analyze	analyze	PROPN
cblr-7807	133	25	.	.	PUNCT
cblr-7807	134	1	third	third	ADJ
cblr-7807	134	2	,	,	PUNCT
cblr-7807	134	3	i	i	PRON
cblr-7807	134	4	question	question	VERB
cblr-7807	134	5	their	their	PRON
cblr-7807	134	6	interpretation	interpretation	NOUN
cblr-7807	134	7	of	of	ADP
cblr-7807	134	8	the	the	DET
cblr-7807	134	9	chosen	choose	VERB
cblr-7807	134	10	case	case	NOUN
cblr-7807	134	11	studies	study	NOUN
cblr-7807	134	12	.	.	PUNCT
cblr-7807	135	1	and	and	CCONJ
cblr-7807	135	2	longer	long	ADV
cblr-7807	135	3	,	,	PUNCT
cblr-7807	135	4	justifies	justify	VERB
cblr-7807	135	5	the	the	DET
cblr-7807	135	6	ipo	ipo	PROPN
cblr-7807	135	7	valuation	valuation	NOUN
cblr-7807	135	8	of	of	ADP
cblr-7807	135	9	hundreds	hundred	NOUN
cblr-7807	135	10	of	of	ADP
cblr-7807	135	11	millions	million	NOUN
cblr-7807	135	12	of	of	ADP
cblr-7807	135	13	dollars	dollar	NOUN
cblr-7807	135	14	,	,	PUNCT
cblr-7807	135	15	or	or	CCONJ
cblr-7807	135	16	billions	billion	NOUN
cblr-7807	135	17	.	.	PUNCT
cblr-7807	136	1	i	i	PRON
cblr-7807	136	2	d.	d.	PROPN
cblr-7807	136	3	(	(	PUNCT
cblr-7807	136	4	citation	citation	NOUN
cblr-7807	136	5	omitted	omit	VERB
cblr-7807	136	6	)	)	PUNCT
cblr-7807	136	7	.	.	PUNCT
cblr-7807	137	1	31	31	NUM
cblr-7807	137	2	see	see	VERB
cblr-7807	137	3	,	,	PUNCT
cblr-7807	137	4	e.g.	e.g.	ADV
cblr-7807	137	5	,	,	PUNCT
cblr-7807	137	6	c.l	c.l	PROPN
cblr-7807	137	7	.	.	PROPN
cblr-7807	137	8	marston	marston	PROPN
cblr-7807	137	9	&	&	CCONJ
cblr-7807	137	10	b.m	b.m	PROPN
cblr-7807	137	11	.	.	PROPN
cblr-7807	137	12	craven	craven	PROPN
cblr-7807	137	13	,	,	PUNCT
cblr-7807	137	14	a	a	DET
cblr-7807	137	15	survey	survey	NOUN
cblr-7807	137	16	of	of	ADP
cblr-7807	137	17	corporate	corporate	ADJ
cblr-7807	137	18	perceptions	perception	NOUN
cblr-7807	137	19	of	of	ADP
cblr-7807	137	20	short	short	ADJ
cblr-7807	137	21	-	-	PUNCT
cblr-7807	137	22	termism	termism	NOUN
cblr-7807	137	23	among	among	ADP
cblr-7807	137	24	analysts	analyst	NOUN
cblr-7807	137	25	and	and	CCONJ
cblr-7807	137	26	fund	fund	NOUN
cblr-7807	137	27	managers	manager	NOUN
cblr-7807	137	28	,	,	PUNCT
cblr-7807	137	29	4	4	NUM
cblr-7807	137	30	eur	eur	NOUN
cblr-7807	137	31	.	.	PUNCT
cblr-7807	138	1	j.	j.	PROPN
cblr-7807	138	2	fin	fin	PROPN
cblr-7807	138	3	.	.	PROPN
cblr-7807	139	1	233	233	NUM
cblr-7807	139	2	,	,	PUNCT
cblr-7807	139	3	234	234	NUM
cblr-7807	139	4	(	(	PUNCT
cblr-7807	139	5	1998	1998	NUM
cblr-7807	139	6	)	)	PUNCT
cblr-7807	139	7	(	(	PUNCT
cblr-7807	139	8	stating	state	VERB
cblr-7807	139	9	that	that	SCONJ
cblr-7807	139	10	a	a	DET
cblr-7807	139	11	number	number	NOUN
cblr-7807	139	12	of	of	ADP
cblr-7807	139	13	commentators	commentator	NOUN
cblr-7807	139	14	contend	contend	VERB
cblr-7807	139	15	that	that	SCONJ
cblr-7807	139	16	short	short	ADJ
cblr-7807	139	17	-	-	PUNCT
cblr-7807	139	18	termism	termism	NOUN
cblr-7807	139	19	is	be	AUX
cblr-7807	139	20	“	"	PUNCT
cblr-7807	139	21	of	of	ADP
cblr-7807	139	22	lesser	less	ADJ
cblr-7807	139	23	importance	importance	NOUN
cblr-7807	139	24	than	than	SCONJ
cblr-7807	139	25	its	its	PRON
cblr-7807	139	26	supporters	supporter	NOUN
cblr-7807	139	27	claim	claim	VERB
cblr-7807	139	28	”	"	PUNCT
cblr-7807	139	29	)	)	PUNCT
cblr-7807	139	30	.	.	PUNCT
cblr-7807	140	1	bainbridge	bainbridge	PROPN
cblr-7807	140	2	(	(	PUNCT
cblr-7807	140	3	comment	comment	NOUN
cblr-7807	140	4	)	)	PUNCT
cblr-7807	140	5	12/28/2020	12/28/2020	NUM
cblr-7807	140	6	3:25	3:25	NUM
cblr-7807	140	7	pm	pm	NOUN
cblr-7807	140	8	810	810	NUM
cblr-7807	140	9	columbia	columbia	PROPN
cblr-7807	140	10	business	business	NOUN
cblr-7807	140	11	law	law	PROPN
cblr-7807	140	12	review	review	NOUN
cblr-7807	140	13	[	[	X
cblr-7807	140	14	vol	vol	NOUN
cblr-7807	140	15	.	.	PUNCT
cblr-7807	140	16	2020	2020	NUM
cblr-7807	141	1	a.	a.	NOUN
cblr-7807	141	2	so	so	ADV
cblr-7807	141	3	many	many	ADJ
cblr-7807	141	4	biases	bias	NOUN
cblr-7807	141	5	although	although	SCONJ
cblr-7807	141	6	there	there	PRON
cblr-7807	141	7	is	be	VERB
cblr-7807	141	8	good	good	ADJ
cblr-7807	141	9	reason	reason	NOUN
cblr-7807	141	10	to	to	PART
cblr-7807	141	11	suspect	suspect	VERB
cblr-7807	141	12	that	that	SCONJ
cblr-7807	141	13	managers	manager	NOUN
cblr-7807	141	14	can	can	AUX
cblr-7807	141	15	be	be	AUX
cblr-7807	141	16	biased	bias	VERB
cblr-7807	141	17	in	in	ADP
cblr-7807	141	18	favor	favor	NOUN
cblr-7807	141	19	of	of	ADP
cblr-7807	141	20	long	long	ADJ
cblr-7807	141	21	-	-	PUNCT
cblr-7807	141	22	term	term	NOUN
cblr-7807	141	23	investments,32	investments,32	NOUN
cblr-7807	141	24	there	there	PRON
cblr-7807	141	25	are	be	VERB
cblr-7807	141	26	equally	equally	ADV
cblr-7807	141	27	powerful	powerful	ADJ
cblr-7807	141	28	countervailing	countervailing	ADJ
cblr-7807	141	29	stories	story	NOUN
cblr-7807	141	30	suggesting	suggest	VERB
cblr-7807	141	31	that	that	SCONJ
cblr-7807	141	32	management	management	NOUN
cblr-7807	141	33	can	can	AUX
cblr-7807	141	34	exhibit	exhibit	VERB
cblr-7807	141	35	a	a	DET
cblr-7807	141	36	bias	bias	NOUN
cblr-7807	141	37	towards	towards	ADP
cblr-7807	141	38	the	the	DET
cblr-7807	141	39	short	short	ADJ
cblr-7807	141	40	term	term	NOUN
cblr-7807	141	41	.	.	PUNCT
cblr-7807	142	1	the	the	DET
cblr-7807	142	2	first	first	ADJ
cblr-7807	142	3	such	such	ADJ
cblr-7807	142	4	story	story	NOUN
cblr-7807	142	5	points	point	VERB
cblr-7807	142	6	out	out	ADP
cblr-7807	142	7	that	that	SCONJ
cblr-7807	142	8	managers	manager	NOUN
cblr-7807	142	9	have	have	VERB
cblr-7807	142	10	strong	strong	ADJ
cblr-7807	142	11	incentives	incentive	NOUN
cblr-7807	142	12	to	to	PART
cblr-7807	142	13	focus	focus	VERB
cblr-7807	142	14	on	on	ADP
cblr-7807	142	15	a	a	DET
cblr-7807	142	16	time	time	NOUN
cblr-7807	142	17	horizon	horizon	NOUN
cblr-7807	142	18	defined	define	VERB
cblr-7807	142	19	by	by	ADP
cblr-7807	142	20	the	the	DET
cblr-7807	142	21	anticipated	anticipate	VERB
cblr-7807	142	22	lengths	length	NOUN
cblr-7807	142	23	of	of	ADP
cblr-7807	142	24	their	their	PRON
cblr-7807	142	25	careers	career	NOUN
cblr-7807	142	26	,	,	PUNCT
cblr-7807	142	27	which	which	PRON
cblr-7807	142	28	are	be	AUX
cblr-7807	142	29	relatively	relatively	ADV
cblr-7807	142	30	short	short	ADJ
cblr-7807	142	31	compared	compare	VERB
cblr-7807	142	32	to	to	ADP
cblr-7807	142	33	the	the	DET
cblr-7807	142	34	lives	life	NOUN
cblr-7807	142	35	of	of	ADP
cblr-7807	142	36	their	their	PRON
cblr-7807	142	37	corporations	corporation	NOUN
cblr-7807	142	38	and	and	CCONJ
cblr-7807	142	39	the	the	DET
cblr-7807	142	40	preferred	preferred	ADJ
cblr-7807	142	41	time	time	NOUN
cblr-7807	142	42	horizon	horizon	NOUN
cblr-7807	142	43	of	of	ADP
cblr-7807	142	44	long	long	ADJ
cblr-7807	142	45	-	-	PUNCT
cblr-7807	142	46	term	term	NOUN
cblr-7807	142	47	investors.33	investors.33	NOUN
cblr-7807	142	48	managers	manager	NOUN
cblr-7807	142	49	logically	logically	ADV
cblr-7807	142	50	should	should	AUX
cblr-7807	142	51	prefer	prefer	VERB
cblr-7807	142	52	short	short	ADJ
cblr-7807	142	53	-	-	PUNCT
cblr-7807	142	54	term	term	NOUN
cblr-7807	142	55	payoffs	payoff	NOUN
cblr-7807	142	56	in	in	ADP
cblr-7807	142	57	order	order	NOUN
cblr-7807	142	58	to	to	PART
cblr-7807	142	59	boost	boost	VERB
cblr-7807	142	60	their	their	PRON
cblr-7807	142	61	nearterm	nearterm	NOUN
cblr-7807	142	62	job	job	NOUN
cblr-7807	142	63	prospects	prospect	NOUN
cblr-7807	142	64	.	.	PUNCT
cblr-7807	143	1	this	this	PRON
cblr-7807	143	2	is	be	AUX
cblr-7807	143	3	so	so	ADV
cblr-7807	143	4	because	because	SCONJ
cblr-7807	143	5	short	short	ADJ
cblr-7807	143	6	-	-	PUNCT
cblr-7807	143	7	term	term	NOUN
cblr-7807	143	8	investment	investment	NOUN
cblr-7807	143	9	projects	project	NOUN
cblr-7807	143	10	more	more	ADV
cblr-7807	143	11	quickly	quickly	ADV
cblr-7807	143	12	reveal	reveal	VERB
cblr-7807	143	13	their	their	PRON
cblr-7807	143	14	results	result	NOUN
cblr-7807	143	15	and	and	CCONJ
cblr-7807	143	16	thus	thus	ADV
cblr-7807	143	17	are	be	AUX
cblr-7807	143	18	better	well	ADV
cblr-7807	143	19	able	able	ADJ
cblr-7807	143	20	to	to	PART
cblr-7807	143	21	“	"	PUNCT
cblr-7807	143	22	dispel	dispel	VERB
cblr-7807	143	23	uncertainty	uncertainty	NOUN
cblr-7807	143	24	about	about	ADP
cblr-7807	143	25	[	[	PUNCT
cblr-7807	143	26	the	the	DET
cblr-7807	143	27	managers	manager	NOUN
cblr-7807	143	28	’	'	PUNCT
cblr-7807	143	29	]	]	PUNCT
cblr-7807	143	30	value	value	NOUN
cblr-7807	143	31	on	on	ADP
cblr-7807	143	32	the	the	DET
cblr-7807	143	33	job	job	NOUN
cblr-7807	143	34	market	market	NOUN
cblr-7807	143	35	.	.	PUNCT
cblr-7807	144	1	”34	”34	ADP
cblr-7807	144	2	in	in	ADP
cblr-7807	144	3	contrast	contrast	NOUN
cblr-7807	144	4	,	,	PUNCT
cblr-7807	144	5	“	"	PUNCT
cblr-7807	144	6	shareholders	shareholder	NOUN
cblr-7807	144	7	have	have	VERB
cblr-7807	144	8	a	a	DET
cblr-7807	144	9	longer	long	ADJ
cblr-7807	144	10	horizon	horizon	NOUN
cblr-7807	144	11	associated	associate	VERB
cblr-7807	144	12	with	with	ADP
cblr-7807	144	13	the	the	DET
cblr-7807	144	14	infinite	infinite	ADJ
cblr-7807	144	15	life	life	NOUN
cblr-7807	144	16	of	of	ADP
cblr-7807	144	17	the	the	DET
cblr-7807	144	18	company	company	NOUN
cblr-7807	144	19	.	.	PUNCT
cblr-7807	145	1	”35	”35	PROPN
cblr-7807	145	2	and	and	CCONJ
cblr-7807	145	3	because	because	SCONJ
cblr-7807	145	4	shareholders	shareholder	NOUN
cblr-7807	145	5	can	can	AUX
cblr-7807	145	6	diversify	diversify	VERB
cblr-7807	145	7	away	away	ADV
cblr-7807	145	8	firm	firm	ADJ
cblr-7807	145	9	-	-	PUNCT
cblr-7807	145	10	specific	specific	ADJ
cblr-7807	145	11	risk	risk	NOUN
cblr-7807	145	12	,	,	PUNCT
cblr-7807	145	13	they	they	PRON
cblr-7807	145	14	are	be	AUX
cblr-7807	145	15	less	less	ADV
cblr-7807	145	16	exposed	expose	VERB
cblr-7807	145	17	to	to	ADP
cblr-7807	145	18	risk	risk	NOUN
cblr-7807	145	19	than	than	ADP
cblr-7807	145	20	managers.36	managers.36	NOUN
cblr-7807	145	21	as	as	ADP
cblr-7807	145	22	a	a	DET
cblr-7807	145	23	result	result	NOUN
cblr-7807	145	24	,	,	PUNCT
cblr-7807	145	25	risk	risk	NOUN
cblr-7807	145	26	-	-	PUNCT
cblr-7807	145	27	averse	averse	ADJ
cblr-7807	145	28	managers	manager	NOUN
cblr-7807	145	29	will	will	AUX
cblr-7807	145	30	tend	tend	VERB
cblr-7807	145	31	to	to	PART
cblr-7807	145	32	refrain	refrain	VERB
cblr-7807	145	33	from	from	ADP
cblr-7807	145	34	uncertain	uncertain	ADJ
cblr-7807	145	35	long	long	ADJ
cblr-7807	145	36	-	-	PUNCT
cblr-7807	145	37	term	term	NOUN
cblr-7807	145	38	projects	project	NOUN
cblr-7807	145	39	even	even	ADV
cblr-7807	145	40	though	though	SCONJ
cblr-7807	145	41	shareholders	shareholder	NOUN
cblr-7807	145	42	might	might	AUX
cblr-7807	145	43	prefer	prefer	VERB
cblr-7807	145	44	such	such	ADJ
cblr-7807	145	45	projects.37	projects.37	NOUN
cblr-7807	145	46	32	32	NUM
cblr-7807	145	47	see	see	NOUN
cblr-7807	145	48	supra	supra	PROPN
cblr-7807	145	49	notes	note	NOUN
cblr-7807	145	50	28–31	28–31	NUM
cblr-7807	145	51	and	and	CCONJ
cblr-7807	145	52	accompanying	accompany	VERB
cblr-7807	145	53	text	text	NOUN
cblr-7807	145	54	(	(	PUNCT
cblr-7807	145	55	reviewing	review	VERB
cblr-7807	145	56	relevant	relevant	ADJ
cblr-7807	145	57	studies	study	NOUN
cblr-7807	145	58	)	)	PUNCT
cblr-7807	145	59	.	.	PUNCT
cblr-7807	146	1	33	33	NUM
cblr-7807	146	2	see	see	VERB
cblr-7807	146	3	david	david	PROPN
cblr-7807	146	4	i.	i.	PROPN
cblr-7807	146	5	walker	walker	PROPN
cblr-7807	146	6	,	,	PUNCT
cblr-7807	146	7	the	the	DET
cblr-7807	146	8	challenge	challenge	NOUN
cblr-7807	146	9	of	of	ADP
cblr-7807	146	10	improving	improve	VERB
cblr-7807	146	11	the	the	DET
cblr-7807	146	12	long	long	ADJ
cblr-7807	146	13	-	-	PUNCT
cblr-7807	146	14	term	term	NOUN
cblr-7807	146	15	focus	focus	NOUN
cblr-7807	146	16	of	of	ADP
cblr-7807	146	17	executive	executive	ADJ
cblr-7807	146	18	pay	pay	NOUN
cblr-7807	146	19	,	,	PUNCT
cblr-7807	146	20	51	51	NUM
cblr-7807	146	21	b.c	b.c	PROPN
cblr-7807	146	22	.	.	PROPN
cblr-7807	146	23	l.	l.	PROPN
cblr-7807	146	24	rev	rev	PROPN
cblr-7807	146	25	.	.	PROPN
cblr-7807	146	26	435	435	NUM
cblr-7807	146	27	,	,	PUNCT
cblr-7807	146	28	441	441	NUM
cblr-7807	146	29	(	(	PUNCT
cblr-7807	146	30	2010	2010	NUM
cblr-7807	146	31	)	)	PUNCT
cblr-7807	146	32	(	(	PUNCT
cblr-7807	146	33	“	"	PUNCT
cblr-7807	146	34	[	[	X
cblr-7807	146	35	m]anagers	m]anager	NOUN
cblr-7807	146	36	might	might	AUX
cblr-7807	146	37	have	have	VERB
cblr-7807	146	38	a	a	DET
cblr-7807	146	39	shorter	short	ADJ
cblr-7807	146	40	investment	investment	NOUN
cblr-7807	146	41	horizon	horizon	NOUN
cblr-7807	146	42	than	than	ADP
cblr-7807	146	43	shareholders	shareholder	NOUN
cblr-7807	146	44	because	because	SCONJ
cblr-7807	146	45	they	they	PRON
cblr-7807	146	46	expect	expect	VERB
cblr-7807	146	47	to	to	PART
cblr-7807	146	48	retire	retire	VERB
cblr-7807	146	49	or	or	CCONJ
cblr-7807	146	50	leave	leave	VERB
cblr-7807	146	51	the	the	DET
cblr-7807	146	52	company	company	NOUN
cblr-7807	146	53	in	in	ADP
cblr-7807	146	54	the	the	DET
cblr-7807	146	55	near	near	ADJ
cblr-7807	146	56	term	term	NOUN
cblr-7807	146	57	and	and	CCONJ
cblr-7807	146	58	hence	hence	ADV
cblr-7807	146	59	are	be	AUX
cblr-7807	146	60	not	not	PART
cblr-7807	146	61	motivated	motivated	ADJ
cblr-7807	146	62	to	to	PART
cblr-7807	146	63	pursue	pursue	VERB
cblr-7807	146	64	long	long	ADJ
cblr-7807	146	65	-	-	PUNCT
cblr-7807	146	66	term	term	NOUN
cblr-7807	146	67	goals	goal	NOUN
cblr-7807	146	68	.	.	PUNCT
cblr-7807	146	69	”	"	PUNCT
cblr-7807	146	70	)	)	PUNCT
cblr-7807	146	71	.	.	PUNCT
cblr-7807	147	1	34	34	NUM
cblr-7807	147	2	basma	basma	NOUN
cblr-7807	147	3	sellami	sellami	VERB
cblr-7807	147	4	mezghanni	mezghanni	ADJ
cblr-7807	147	5	,	,	PUNCT
cblr-7807	147	6	ownership	ownership	NOUN
cblr-7807	147	7	structure	structure	NOUN
cblr-7807	147	8	,	,	PUNCT
cblr-7807	147	9	board	board	NOUN
cblr-7807	147	10	of	of	ADP
cblr-7807	147	11	directors	director	NOUN
cblr-7807	147	12	and	and	CCONJ
cblr-7807	147	13	r&d	r&d	NOUN
cblr-7807	147	14	investments	investment	NOUN
cblr-7807	147	15	:	:	PUNCT
cblr-7807	147	16	evidence	evidence	NOUN
cblr-7807	147	17	from	from	ADP
cblr-7807	147	18	france	france	PROPN
cblr-7807	147	19	,	,	PUNCT
cblr-7807	147	20	5	5	NUM
cblr-7807	147	21	corp	corp	PROPN
cblr-7807	147	22	.	.	PROPN
cblr-7807	147	23	ownership	ownership	PROPN
cblr-7807	147	24	&	&	CCONJ
cblr-7807	147	25	control	control	PROPN
cblr-7807	147	26	250	250	NUM
cblr-7807	147	27	,	,	PUNCT
cblr-7807	147	28	250	250	NUM
cblr-7807	147	29	(	(	PUNCT
cblr-7807	147	30	2008	2008	NUM
cblr-7807	147	31	)	)	PUNCT
cblr-7807	147	32	.	.	PUNCT
cblr-7807	148	1	35	35	NUM
cblr-7807	149	1	i	i	PRON
cblr-7807	149	2	d.	d.	PROPN
cblr-7807	149	3	36	36	NUM
cblr-7807	149	4	see	see	VERB
cblr-7807	149	5	iman	iman	PROPN
cblr-7807	149	6	anabtawi	anabtawi	PROPN
cblr-7807	149	7	,	,	PUNCT
cblr-7807	149	8	note	note	VERB
cblr-7807	149	9	,	,	PUNCT
cblr-7807	149	10	toward	toward	ADP
cblr-7807	149	11	a	a	DET
cblr-7807	149	12	definition	definition	NOUN
cblr-7807	149	13	of	of	ADP
cblr-7807	149	14	insider	insider	NOUN
cblr-7807	149	15	trading	trading	NOUN
cblr-7807	149	16	,	,	PUNCT
cblr-7807	149	17	41	41	NUM
cblr-7807	149	18	stan	stan	PROPN
cblr-7807	149	19	.	.	PUNCT
cblr-7807	150	1	l.	l.	PROPN
cblr-7807	150	2	rev	rev	PROPN
cblr-7807	150	3	.	.	PROPN
cblr-7807	150	4	377	377	NUM
cblr-7807	150	5	,	,	PUNCT
cblr-7807	150	6	387–88	387–88	NUM
cblr-7807	150	7	(	(	PUNCT
cblr-7807	150	8	1989	1989	NUM
cblr-7807	150	9	)	)	PUNCT
cblr-7807	150	10	(	(	PUNCT
cblr-7807	150	11	“	"	PUNCT
cblr-7807	150	12	the	the	DET
cblr-7807	150	13	assumption	assumption	NOUN
cblr-7807	150	14	that	that	SCONJ
cblr-7807	150	15	managers	manager	NOUN
cblr-7807	150	16	are	be	AUX
cblr-7807	150	17	more	more	ADJ
cblr-7807	150	18	risk	risk	NOUN
cblr-7807	150	19	averse	averse	ADJ
cblr-7807	150	20	than	than	SCONJ
cblr-7807	150	21	investors	investor	NOUN
cblr-7807	150	22	is	be	AUX
cblr-7807	150	23	realistic	realistic	ADJ
cblr-7807	150	24	because	because	SCONJ
cblr-7807	150	25	managers	manager	NOUN
cblr-7807	150	26	can	can	AUX
cblr-7807	150	27	not	not	PART
cblr-7807	150	28	diversify	diversify	VERB
cblr-7807	150	29	the	the	DET
cblr-7807	150	30	impact	impact	NOUN
cblr-7807	150	31	of	of	ADP
cblr-7807	150	32	company	company	NOUN
cblr-7807	150	33	profits	profit	NOUN
cblr-7807	150	34	on	on	ADP
cblr-7807	150	35	their	their	PRON
cblr-7807	150	36	portfolios	portfolio	NOUN
cblr-7807	150	37	as	as	ADV
cblr-7807	150	38	easily	easily	ADV
cblr-7807	150	39	as	as	ADP
cblr-7807	150	40	can	can	AUX
cblr-7807	150	41	shareholders	shareholder	NOUN
cblr-7807	150	42	.	.	PUNCT
cblr-7807	150	43	”	"	PUNCT
cblr-7807	150	44	)	)	PUNCT
cblr-7807	150	45	.	.	PUNCT
cblr-7807	151	1	37	37	NUM
cblr-7807	151	2	see	see	VERB
cblr-7807	151	3	mezghanni	mezghanni	PROPN
cblr-7807	151	4	,	,	PUNCT
cblr-7807	151	5	supra	supra	PROPN
cblr-7807	151	6	note	note	NOUN
cblr-7807	151	7	34	34	NUM
cblr-7807	151	8	,	,	PUNCT
cblr-7807	151	9	at	at	ADP
cblr-7807	151	10	250	250	NUM
cblr-7807	151	11	(	(	PUNCT
cblr-7807	151	12	comparing	compare	VERB
cblr-7807	151	13	the	the	DET
cblr-7807	151	14	incentives	incentive	NOUN
cblr-7807	151	15	of	of	ADP
cblr-7807	151	16	managers	manager	NOUN
cblr-7807	151	17	and	and	CCONJ
cblr-7807	151	18	shareholders	shareholder	NOUN
cblr-7807	151	19	)	)	PUNCT
cblr-7807	151	20	.	.	PUNCT
cblr-7807	152	1	bainbridge	bainbridge	PROPN
cblr-7807	152	2	(	(	PUNCT
cblr-7807	152	3	comment	comment	NOUN
cblr-7807	152	4	)	)	PUNCT
cblr-7807	152	5	12/28/2020	12/28/2020	NUM
cblr-7807	152	6	3:25	3:25	NUM
cblr-7807	152	7	pm	pm	NOUN
cblr-7807	152	8	no	no	INTJ
cblr-7807	152	9	.	.	PUNCT
cblr-7807	153	1	3:801	3:801	NUM
cblr-7807	153	2	]	]	X
cblr-7807	153	3	long	long	ADJ
cblr-7807	153	4	-	-	PUNCT
cblr-7807	153	5	term	term	NOUN
cblr-7807	153	6	bias	bias	NOUN
cblr-7807	153	7	and	and	CCONJ
cblr-7807	153	8	director	director	NOUN
cblr-7807	153	9	primacy	primacy	NOUN
cblr-7807	153	10	811	811	NUM
cblr-7807	153	11	the	the	DET
cblr-7807	153	12	alternative	alternative	ADJ
cblr-7807	153	13	story	story	NOUN
cblr-7807	153	14	makes	make	VERB
cblr-7807	153	15	the	the	DET
cblr-7807	153	16	opposite	opposite	ADJ
cblr-7807	153	17	assumption	assumption	NOUN
cblr-7807	153	18	about	about	ADP
cblr-7807	153	19	the	the	DET
cblr-7807	153	20	typical	typical	ADJ
cblr-7807	153	21	investor	investor	NOUN
cblr-7807	153	22	’s	’s	PART
cblr-7807	153	23	preferred	preferred	ADJ
cblr-7807	153	24	time	time	NOUN
cblr-7807	153	25	horizon	horizon	NOUN
cblr-7807	153	26	.	.	PUNCT
cblr-7807	154	1	almost	almost	ADV
cblr-7807	154	2	three	three	NUM
cblr-7807	154	3	decades	decade	NOUN
cblr-7807	154	4	ago	ago	ADV
cblr-7807	154	5	,	,	PUNCT
cblr-7807	154	6	wachtell	wachtell	PROPN
cblr-7807	154	7	lipton	lipton	PROPN
cblr-7807	154	8	partner	partner	PROPN
cblr-7807	154	9	steven	steven	PROPN
cblr-7807	154	10	rosenblum	rosenblum	PROPN
cblr-7807	154	11	argued	argue	VERB
cblr-7807	154	12	that	that	SCONJ
cblr-7807	154	13	investors	investor	NOUN
cblr-7807	154	14	“	"	PUNCT
cblr-7807	154	15	systematically	systematically	ADV
cblr-7807	154	16	overemphasize	overemphasize	VERB
cblr-7807	154	17	current	current	ADJ
cblr-7807	154	18	information	information	NOUN
cblr-7807	154	19	and	and	CCONJ
cblr-7807	154	20	immediate	immediate	ADJ
cblr-7807	154	21	performance	performance	NOUN
cblr-7807	154	22	,	,	PUNCT
cblr-7807	154	23	and	and	CCONJ
cblr-7807	154	24	thus	thus	ADV
cblr-7807	154	25	excessively	excessively	ADV
cblr-7807	154	26	discount	discount	VERB
cblr-7807	154	27	future	future	ADJ
cblr-7807	154	28	performance	performance	NOUN
cblr-7807	154	29	.	.	PUNCT
cblr-7807	155	1	”38	”38	NOUN
cblr-7807	155	2	in	in	ADP
cblr-7807	155	3	their	their	PRON
cblr-7807	155	4	turn	turn	NOUN
cblr-7807	155	5	,	,	PUNCT
cblr-7807	155	6	he	he	PRON
cblr-7807	155	7	argued	argue	VERB
cblr-7807	155	8	,	,	PUNCT
cblr-7807	155	9	“	"	PUNCT
cblr-7807	155	10	managers	manager	NOUN
cblr-7807	155	11	develop	develop	VERB
cblr-7807	155	12	a	a	DET
cblr-7807	155	13	systematic	systematic	ADJ
cblr-7807	155	14	bias	bias	NOUN
cblr-7807	155	15	against	against	ADP
cblr-7807	155	16	long	long	ADJ
cblr-7807	155	17	-	-	PUNCT
cblr-7807	155	18	term	term	NOUN
cblr-7807	155	19	investments	investment	NOUN
cblr-7807	155	20	because	because	SCONJ
cblr-7807	155	21	[	[	PUNCT
cblr-7807	155	22	such	such	ADJ
cblr-7807	155	23	investments	investment	NOUN
cblr-7807	155	24	]	]	PUNCT
cblr-7807	155	25	depress	depress	VERB
cblr-7807	155	26	short	short	ADJ
cblr-7807	155	27	-	-	PUNCT
cblr-7807	155	28	term	term	NOUN
cblr-7807	155	29	share	share	NOUN
cblr-7807	155	30	prices	price	NOUN
cblr-7807	155	31	.	.	PUNCT
cblr-7807	156	1	”39	”39	PROPN
cblr-7807	156	2	we	we	PRON
cblr-7807	156	3	continue	continue	VERB
cblr-7807	156	4	to	to	PART
cblr-7807	156	5	see	see	VERB
cblr-7807	156	6	this	this	DET
cblr-7807	156	7	story	story	NOUN
cblr-7807	156	8	advanced	advance	VERB
cblr-7807	156	9	in	in	ADP
cblr-7807	156	10	the	the	DET
cblr-7807	156	11	debate	debate	NOUN
cblr-7807	156	12	,	,	PUNCT
cblr-7807	156	13	as	as	SCONJ
cblr-7807	156	14	illustrated	illustrate	VERB
cblr-7807	156	15	by	by	ADP
cblr-7807	156	16	the	the	DET
cblr-7807	156	17	much	much	ADV
cblr-7807	156	18	more	more	ADV
cblr-7807	156	19	recent	recent	ADJ
cblr-7807	156	20	controversy	controversy	NOUN
cblr-7807	156	21	over	over	ADP
cblr-7807	156	22	whether	whether	SCONJ
cblr-7807	156	23	quarterly	quarterly	ADJ
cblr-7807	156	24	disclosure	disclosure	NOUN
cblr-7807	156	25	promotes	promote	VERB
cblr-7807	156	26	short	short	ADJ
cblr-7807	156	27	-	-	PUNCT
cblr-7807	156	28	termism.40	termism.40	NOUN
cblr-7807	156	29	as	as	ADP
cblr-7807	156	30	with	with	ADP
cblr-7807	156	31	barzuza	barzuza	NOUN
cblr-7807	156	32	and	and	CCONJ
cblr-7807	156	33	talley	talley	NOUN
cblr-7807	156	34	’s	’s	PART
cblr-7807	156	35	long	long	ADJ
cblr-7807	156	36	-	-	PUNCT
cblr-7807	156	37	term	term	NOUN
cblr-7807	156	38	bias	bias	NOUN
cblr-7807	156	39	story	story	NOUN
cblr-7807	156	40	,	,	PUNCT
cblr-7807	156	41	this	this	DET
cblr-7807	156	42	version	version	NOUN
cblr-7807	156	43	of	of	ADP
cblr-7807	156	44	the	the	DET
cblr-7807	156	45	short	short	ADJ
cblr-7807	156	46	-	-	PUNCT
cblr-7807	156	47	term	term	NOUN
cblr-7807	156	48	bias	bias	NOUN
cblr-7807	156	49	story	story	NOUN
cblr-7807	156	50	rests	rest	VERB
cblr-7807	156	51	on	on	ADP
cblr-7807	156	52	behavioral	behavioral	ADJ
cblr-7807	156	53	economics	economic	NOUN
cblr-7807	156	54	.	.	PUNCT
cblr-7807	157	1	as	as	SCONJ
cblr-7807	157	2	russell	russell	PROPN
cblr-7807	157	3	korobkin	korobkin	PROPN
cblr-7807	157	4	explains	explain	VERB
cblr-7807	157	5	:	:	PUNCT
cblr-7807	157	6	[	[	X
cblr-7807	157	7	i]f	i]f	ADJ
cblr-7807	157	8	shareholders	shareholder	NOUN
cblr-7807	157	9	exhibit	exhibit	VERB
cblr-7807	157	10	an	an	DET
cblr-7807	157	11	endowment	endowment	ADJ
cblr-7807	157	12	effect	effect	NOUN
cblr-7807	157	13	,	,	PUNCT
cblr-7807	157	14	this	this	PRON
cblr-7807	157	15	might	might	AUX
cblr-7807	157	16	affect	affect	VERB
cblr-7807	157	17	the	the	DET
cblr-7807	157	18	way	way	NOUN
cblr-7807	157	19	that	that	PRON
cblr-7807	157	20	they	they	PRON
cblr-7807	157	21	evaluate	evaluate	VERB
cblr-7807	157	22	the	the	DET
cblr-7807	157	23	performance	performance	NOUN
cblr-7807	157	24	of	of	ADP
cblr-7807	157	25	their	their	PRON
cblr-7807	157	26	managers	manager	NOUN
cblr-7807	157	27	,	,	PUNCT
cblr-7807	157	28	thus	thus	ADV
cblr-7807	157	29	causing	cause	VERB
cblr-7807	157	30	rational	rational	ADJ
cblr-7807	157	31	managers	manager	NOUN
cblr-7807	157	32	to	to	PART
cblr-7807	157	33	choose	choose	VERB
cblr-7807	157	34	to	to	PART
cblr-7807	157	35	act	act	VERB
cblr-7807	157	36	in	in	ADP
cblr-7807	157	37	a	a	DET
cblr-7807	157	38	way	way	NOUN
cblr-7807	157	39	that	that	PRON
cblr-7807	157	40	is	be	AUX
cblr-7807	157	41	cognizant	cognizant	ADJ
cblr-7807	157	42	of	of	ADP
cblr-7807	157	43	the	the	DET
cblr-7807	157	44	effect	effect	NOUN
cblr-7807	157	45	.	.	PUNCT
cblr-7807	158	1	the	the	DET
cblr-7807	158	2	pure	pure	ADJ
cblr-7807	158	3	loss	loss	NOUN
cblr-7807	158	4	aversion	aversion	NOUN
cblr-7807	158	5	explanation	explanation	NOUN
cblr-7807	158	6	of	of	ADP
cblr-7807	158	7	the	the	DET
cblr-7807	158	8	endowment	endowment	ADJ
cblr-7807	158	9	effect	effect	NOUN
cblr-7807	158	10	posits	posit	NOUN
cblr-7807	158	11	that	that	SCONJ
cblr-7807	158	12	losses	loss	NOUN
cblr-7807	158	13	are	be	AUX
cblr-7807	158	14	more	more	ADV
cblr-7807	158	15	painful	painful	ADJ
cblr-7807	158	16	than	than	ADP
cblr-7807	158	17	equivalent	equivalent	ADJ
cblr-7807	158	18	gains	gain	NOUN
cblr-7807	158	19	.	.	PUNCT
cblr-7807	159	1	this	this	PRON
cblr-7807	159	2	suggests	suggest	VERB
cblr-7807	159	3	managers	manager	NOUN
cblr-7807	159	4	might	might	AUX
cblr-7807	159	5	strive	strive	VERB
cblr-7807	159	6	to	to	PART
cblr-7807	159	7	avoid	avoid	VERB
cblr-7807	159	8	losses	loss	NOUN
cblr-7807	159	9	during	during	ADP
cblr-7807	159	10	every	every	DET
cblr-7807	159	11	reporting	reporting	NOUN
cblr-7807	159	12	period	period	NOUN
cblr-7807	159	13	,	,	PUNCT
cblr-7807	159	14	even	even	ADV
cblr-7807	159	15	when	when	SCONJ
cblr-7807	159	16	doing	do	VERB
cblr-7807	159	17	so	so	ADV
cblr-7807	159	18	might	might	AUX
cblr-7807	159	19	mean	mean	VERB
cblr-7807	159	20	making	make	VERB
cblr-7807	159	21	decisions	decision	NOUN
cblr-7807	159	22	that	that	PRON
cblr-7807	159	23	reduce	reduce	VERB
cblr-7807	159	24	the	the	DET
cblr-7807	159	25	long	long	ADJ
cblr-7807	159	26	-	-	PUNCT
cblr-7807	159	27	term	term	NOUN
cblr-7807	159	28	profit	profit	NOUN
cblr-7807	159	29	potential	potential	NOUN
cblr-7807	159	30	of	of	ADP
cblr-7807	159	31	the	the	DET
cblr-7807	159	32	firm	firm	NOUN
cblr-7807	159	33	.	.	PUNCT
cblr-7807	160	1	managers	manager	NOUN
cblr-7807	160	2	might	might	AUX
cblr-7807	160	3	also	also	ADV
cblr-7807	160	4	continue	continue	VERB
cblr-7807	160	5	to	to	PART
cblr-7807	160	6	pursue	pursue	VERB
cblr-7807	160	7	existing	exist	VERB
cblr-7807	160	8	projects	project	NOUN
cblr-7807	160	9	after	after	SCONJ
cblr-7807	160	10	they	they	PRON
cblr-7807	160	11	have	have	AUX
cblr-7807	160	12	proven	prove	VERB
cblr-7807	160	13	undesirable	undesirable	ADJ
cblr-7807	160	14	rather	rather	ADV
cblr-7807	160	15	than	than	ADP
cblr-7807	160	16	terminating	terminate	VERB
cblr-7807	160	17	them	they	PRON
cblr-7807	160	18	and	and	CCONJ
cblr-7807	160	19	recognizing	recognize	VERB
cblr-7807	160	20	an	an	DET
cblr-7807	160	21	apparent	apparent	ADJ
cblr-7807	160	22	loss	loss	NOUN
cblr-7807	160	23	in	in	ADP
cblr-7807	160	24	the	the	DET
cblr-7807	160	25	current	current	ADJ
cblr-7807	160	26	reporting	reporting	NOUN
cblr-7807	160	27	period	period	NOUN
cblr-7807	160	28	,	,	PUNCT
cblr-7807	160	29	especially	especially	ADV
cblr-7807	160	30	if	if	SCONJ
cblr-7807	160	31	shareholders	shareholder	NOUN
cblr-7807	160	32	can	can	AUX
cblr-7807	160	33	evaluate	evaluate	VERB
cblr-7807	160	34	the	the	DET
cblr-7807	160	35	project	project	NOUN
cblr-7807	160	36	’s	’s	PART
cblr-7807	160	37	outcome	outcome	NOUN
cblr-7807	160	38	when	when	SCONJ
cblr-7807	160	39	it	it	PRON
cblr-7807	160	40	ends	end	VERB
cblr-7807	160	41	but	but	CCONJ
cblr-7807	160	42	not	not	PART
cblr-7807	160	43	while	while	SCONJ
cblr-7807	160	44	it	it	PRON
cblr-7807	160	45	is	be	AUX
cblr-7807	160	46	ongoing	ongoing	ADJ
cblr-7807	160	47	.	.	PUNCT
cblr-7807	161	1	the	the	DET
cblr-7807	161	2	endowment	endowment	ADJ
cblr-7807	161	3	effect	effect	NOUN
cblr-7807	161	4	thus	thus	ADV
cblr-7807	161	5	might	might	AUX
cblr-7807	161	6	counsel	counsel	VERB
cblr-7807	161	7	for	for	ADP
cblr-7807	161	8	establishing	establish	VERB
cblr-7807	161	9	longer	long	ADJ
cblr-7807	161	10	periods	period	NOUN
cblr-7807	161	11	of	of	ADP
cblr-7807	161	12	time	time	NOUN
cblr-7807	161	13	between	between	ADP
cblr-7807	161	14	corporate	corporate	ADJ
cblr-7807	161	15	accounting	accounting	NOUN
cblr-7807	161	16	periods	period	NOUN
cblr-7807	161	17	,	,	PUNCT
cblr-7807	161	18	although	although	SCONJ
cblr-7807	161	19	this	this	PRON
cblr-7807	161	20	would	would	AUX
cblr-7807	161	21	need	need	VERB
cblr-7807	161	22	to	to	PART
cblr-7807	161	23	be	be	AUX
cblr-7807	161	24	balanced	balance	VERB
cblr-7807	161	25	against	against	ADP
cblr-7807	161	26	the	the	DET
cblr-7807	161	27	38	38	NUM
cblr-7807	161	28	steven	steven	PROPN
cblr-7807	161	29	a.	a.	PROPN
cblr-7807	161	30	rosenblum	rosenblum	PROPN
cblr-7807	161	31	,	,	PUNCT
cblr-7807	161	32	proxy	proxy	NOUN
cblr-7807	161	33	reform	reform	NOUN
cblr-7807	161	34	,	,	PUNCT
cblr-7807	161	35	takeovers	takeover	NOUN
cblr-7807	161	36	,	,	PUNCT
cblr-7807	161	37	and	and	CCONJ
cblr-7807	161	38	corporate	corporate	ADJ
cblr-7807	161	39	control	control	NOUN
cblr-7807	161	40	:	:	PUNCT
cblr-7807	161	41	the	the	DET
cblr-7807	161	42	need	need	NOUN
cblr-7807	161	43	for	for	ADP
cblr-7807	161	44	a	a	DET
cblr-7807	161	45	new	new	ADJ
cblr-7807	161	46	orientation	orientation	NOUN
cblr-7807	161	47	,	,	PUNCT
cblr-7807	161	48	17	17	NUM
cblr-7807	161	49	j.	j.	PROPN
cblr-7807	161	50	corp	corp	PROPN
cblr-7807	161	51	.	.	PROPN
cblr-7807	161	52	l.	l.	PROPN
cblr-7807	161	53	185	185	NUM
cblr-7807	161	54	,	,	PUNCT
cblr-7807	161	55	205	205	NUM
cblr-7807	161	56	(	(	PUNCT
cblr-7807	161	57	1991	1991	NUM
cblr-7807	161	58	)	)	PUNCT
cblr-7807	161	59	(	(	PUNCT
cblr-7807	161	60	referring	refer	VERB
cblr-7807	161	61	to	to	ADP
cblr-7807	161	62	an	an	DET
cblr-7807	161	63	academic	academic	ADJ
cblr-7807	161	64	literature	literature	NOUN
cblr-7807	161	65	rosenblum	rosenblum	PROPN
cblr-7807	161	66	finds	find	VERB
cblr-7807	161	67	credible	credible	ADJ
cblr-7807	161	68	)	)	PUNCT
cblr-7807	161	69	.	.	PUNCT
cblr-7807	162	1	39	39	NUM
cblr-7807	163	1	i	i	PRON
cblr-7807	163	2	d.	d.	PROPN
cblr-7807	163	3	40	40	NUM
cblr-7807	163	4	see	see	VERB
cblr-7807	163	5	supra	supra	ADJ
cblr-7807	163	6	text	text	NOUN
cblr-7807	163	7	accompanying	accompany	VERB
cblr-7807	163	8	note	note	NOUN
cblr-7807	163	9	11	11	NUM
cblr-7807	163	10	(	(	PUNCT
cblr-7807	163	11	describing	describe	VERB
cblr-7807	163	12	president	president	PROPN
cblr-7807	163	13	trump	trump	VERB
cblr-7807	163	14	’s	’s	PART
cblr-7807	163	15	request	request	NOUN
cblr-7807	163	16	that	that	SCONJ
cblr-7807	163	17	the	the	DET
cblr-7807	163	18	sec	sec	PROPN
cblr-7807	163	19	reconsider	reconsider	VERB
cblr-7807	163	20	quarterly	quarterly	ADJ
cblr-7807	163	21	disclosure	disclosure	NOUN
cblr-7807	163	22	)	)	PUNCT
cblr-7807	163	23	.	.	PUNCT
cblr-7807	164	1	bainbridge	bainbridge	PROPN
cblr-7807	164	2	(	(	PUNCT
cblr-7807	164	3	comment	comment	NOUN
cblr-7807	164	4	)	)	PUNCT
cblr-7807	164	5	12/28/2020	12/28/2020	NUM
cblr-7807	164	6	3:25	3:25	NUM
cblr-7807	164	7	pm	pm	NOUN
cblr-7807	164	8	812	812	NUM
cblr-7807	164	9	columbia	columbia	PROPN
cblr-7807	164	10	business	business	NOUN
cblr-7807	164	11	law	law	PROPN
cblr-7807	164	12	review	review	NOUN
cblr-7807	164	13	[	[	X
cblr-7807	164	14	vol	vol	NOUN
cblr-7807	164	15	.	.	PUNCT
cblr-7807	164	16	2020	2020	NUM
cblr-7807	164	17	costs	cost	NOUN
cblr-7807	164	18	of	of	ADP
cblr-7807	164	19	less	less	ADV
cblr-7807	164	20	immediate	immediate	ADJ
cblr-7807	164	21	oversight	oversight	NOUN
cblr-7807	164	22	of	of	ADP
cblr-7807	164	23	agents	agent	NOUN
cblr-7807	164	24	’	'	PUNCT
cblr-7807	164	25	activities.41	activities.41	NOUN
cblr-7807	164	26	my	my	PRON
cblr-7807	164	27	point	point	NOUN
cblr-7807	164	28	is	be	AUX
cblr-7807	164	29	not	not	PART
cblr-7807	164	30	that	that	PRON
cblr-7807	164	31	barzuza	barzuza	NOUN
cblr-7807	164	32	and	and	CCONJ
cblr-7807	164	33	talley	talley	NOUN
cblr-7807	164	34	’s	’s	PART
cblr-7807	164	35	long	long	ADJ
cblr-7807	164	36	-	-	PUNCT
cblr-7807	164	37	term	term	NOUN
cblr-7807	164	38	bias	bias	NOUN
cblr-7807	164	39	story	story	NOUN
cblr-7807	164	40	is	be	AUX
cblr-7807	164	41	wrong	wrong	ADJ
cblr-7807	164	42	;	;	PUNCT
cblr-7807	164	43	it	it	PRON
cblr-7807	164	44	is	be	AUX
cblr-7807	164	45	only	only	ADV
cblr-7807	164	46	that	that	SCONJ
cblr-7807	164	47	their	their	PRON
cblr-7807	164	48	article	article	NOUN
cblr-7807	164	49	has	have	AUX
cblr-7807	164	50	not	not	PART
cblr-7807	164	51	given	give	VERB
cblr-7807	164	52	us	we	PRON
cblr-7807	164	53	any	any	DET
cblr-7807	164	54	reason	reason	NOUN
cblr-7807	164	55	to	to	PART
cblr-7807	164	56	think	think	VERB
cblr-7807	164	57	that	that	SCONJ
cblr-7807	164	58	managerial	managerial	ADJ
cblr-7807	164	59	hyperopia	hyperopia	NOUN
cblr-7807	164	60	is	be	AUX
cblr-7807	164	61	either	either	CCONJ
cblr-7807	164	62	more	more	ADV
cblr-7807	164	63	common	common	ADJ
cblr-7807	164	64	or	or	CCONJ
cblr-7807	164	65	more	more	ADV
cblr-7807	164	66	problematic	problematic	ADJ
cblr-7807	164	67	than	than	ADP
cblr-7807	164	68	managerial	managerial	ADJ
cblr-7807	164	69	myopia	myopia	NOUN
cblr-7807	164	70	.	.	PUNCT
cblr-7807	165	1	this	this	PRON
cblr-7807	165	2	is	be	AUX
cblr-7807	165	3	not	not	PART
cblr-7807	165	4	to	to	PART
cblr-7807	165	5	deny	deny	VERB
cblr-7807	165	6	that	that	SCONJ
cblr-7807	165	7	the	the	DET
cblr-7807	165	8	paper	paper	NOUN
cblr-7807	165	9	serves	serve	VERB
cblr-7807	165	10	a	a	DET
cblr-7807	165	11	useful	useful	ADJ
cblr-7807	165	12	purpose	purpose	NOUN
cblr-7807	165	13	.	.	PUNCT
cblr-7807	166	1	they	they	PRON
cblr-7807	166	2	are	be	AUX
cblr-7807	166	3	quite	quite	ADV
cblr-7807	166	4	correct	correct	ADJ
cblr-7807	166	5	that	that	SCONJ
cblr-7807	166	6	the	the	DET
cblr-7807	166	7	debate	debate	NOUN
cblr-7807	166	8	needs	need	VERB
cblr-7807	166	9	to	to	PART
cblr-7807	166	10	acknowledge	acknowledge	VERB
cblr-7807	166	11	and	and	CCONJ
cblr-7807	166	12	take	take	VERB
cblr-7807	166	13	into	into	ADP
cblr-7807	166	14	account	account	NOUN
cblr-7807	166	15	the	the	DET
cblr-7807	166	16	possibility	possibility	NOUN
cblr-7807	166	17	of	of	ADP
cblr-7807	166	18	managerial	managerial	ADJ
cblr-7807	166	19	hyperopia	hyperopia	NOUN
cblr-7807	166	20	and	and	CCONJ
cblr-7807	166	21	the	the	DET
cblr-7807	166	22	risk	risk	NOUN
cblr-7807	166	23	that	that	SCONJ
cblr-7807	166	24	it	it	PRON
cblr-7807	166	25	will	will	AUX
cblr-7807	166	26	not	not	PART
cblr-7807	166	27	always	always	ADV
cblr-7807	166	28	be	be	AUX
cblr-7807	166	29	benign	benign	ADJ
cblr-7807	166	30	.	.	PUNCT
cblr-7807	167	1	having	having	AUX
cblr-7807	167	2	said	say	VERB
cblr-7807	167	3	that	that	PRON
cblr-7807	167	4	,	,	PUNCT
cblr-7807	167	5	however	however	ADV
cblr-7807	167	6	,	,	PUNCT
cblr-7807	167	7	the	the	DET
cblr-7807	167	8	difficulty	difficulty	NOUN
cblr-7807	167	9	in	in	ADP
cblr-7807	167	10	determining	determine	VERB
cblr-7807	167	11	which	which	DET
cblr-7807	167	12	bias	bias	NOUN
cblr-7807	167	13	is	be	AUX
cblr-7807	167	14	at	at	ADP
cblr-7807	167	15	work	work	NOUN
cblr-7807	167	16	in	in	ADP
cblr-7807	167	17	any	any	DET
cblr-7807	167	18	given	give	VERB
cblr-7807	167	19	situation	situation	NOUN
cblr-7807	167	20	leads	lead	VERB
cblr-7807	167	21	me	i	PRON
cblr-7807	167	22	,	,	PUNCT
cblr-7807	167	23	in	in	ADP
cblr-7807	167	24	the	the	DET
cblr-7807	167	25	parts	part	NOUN
cblr-7807	167	26	that	that	PRON
cblr-7807	167	27	follow	follow	VERB
cblr-7807	167	28	,	,	PUNCT
cblr-7807	167	29	to	to	PART
cblr-7807	167	30	draw	draw	VERB
cblr-7807	167	31	rather	rather	ADV
cblr-7807	167	32	different	different	ADJ
cblr-7807	167	33	conclusions	conclusion	NOUN
cblr-7807	167	34	about	about	ADP
cblr-7807	167	35	the	the	DET
cblr-7807	167	36	appropriate	appropriate	ADJ
cblr-7807	167	37	policy	policy	NOUN
cblr-7807	167	38	recommendations	recommendation	NOUN
cblr-7807	167	39	than	than	ADP
cblr-7807	167	40	those	those	PRON
cblr-7807	167	41	drawn	draw	VERB
cblr-7807	167	42	by	by	ADP
cblr-7807	167	43	barzuza	barzuza	NOUN
cblr-7807	167	44	and	and	CCONJ
cblr-7807	167	45	talley	talley	NOUN
cblr-7807	167	46	.	.	PUNCT
cblr-7807	168	1	b.	b.	PROPN
cblr-7807	168	2	overconfidence	overconfidence	NOUN
cblr-7807	168	3	or	or	CCONJ
cblr-7807	168	4	misperception	misperception	NOUN
cblr-7807	168	5	?	?	PUNCT
cblr-7807	169	1	as	as	SCONJ
cblr-7807	169	2	we	we	PRON
cblr-7807	169	3	have	have	AUX
cblr-7807	169	4	seen	see	VERB
cblr-7807	169	5	,	,	PUNCT
cblr-7807	169	6	the	the	DET
cblr-7807	169	7	overconfidence	overconfidence	NOUN
cblr-7807	169	8	bias	bias	NOUN
cblr-7807	169	9	drives	drive	VERB
cblr-7807	169	10	barzuza	barzuza	NOUN
cblr-7807	169	11	and	and	CCONJ
cblr-7807	169	12	talley	talley	NOUN
cblr-7807	169	13	’s	’s	PART
cblr-7807	170	1	analysis.42	analysis.42	INTJ
cblr-7807	170	2	i	i	PRON
cblr-7807	170	3	suspect	suspect	VERB
cblr-7807	170	4	that	that	SCONJ
cblr-7807	170	5	something	something	PRON
cblr-7807	170	6	else	else	ADV
cblr-7807	170	7	is	be	AUX
cblr-7807	170	8	going	go	VERB
cblr-7807	170	9	on	on	ADP
cblr-7807	170	10	or	or	CCONJ
cblr-7807	170	11	,	,	PUNCT
cblr-7807	170	12	at	at	ADP
cblr-7807	170	13	least	least	ADJ
cblr-7807	170	14	,	,	PUNCT
cblr-7807	170	15	is	be	AUX
cblr-7807	170	16	also	also	ADV
cblr-7807	170	17	contributing	contribute	VERB
cblr-7807	170	18	to	to	ADP
cblr-7807	170	19	managerial	managerial	ADJ
cblr-7807	170	20	hyperopia	hyperopia	NOUN
cblr-7807	170	21	.	.	PUNCT
cblr-7807	171	1	a	a	DET
cblr-7807	171	2	number	number	NOUN
cblr-7807	171	3	of	of	ADP
cblr-7807	171	4	commentators	commentator	NOUN
cblr-7807	171	5	have	have	AUX
cblr-7807	171	6	argued	argue	VERB
cblr-7807	171	7	that	that	SCONJ
cblr-7807	171	8	managers	manager	NOUN
cblr-7807	171	9	perceive	perceive	VERB
cblr-7807	171	10	the	the	DET
cblr-7807	171	11	market	market	NOUN
cblr-7807	171	12	as	as	ADP
cblr-7807	171	13	rewarding	reward	VERB
cblr-7807	171	14	short	short	ADJ
cblr-7807	171	15	-	-	PUNCT
cblr-7807	171	16	term	term	NOUN
cblr-7807	171	17	performance	performance	NOUN
cblr-7807	171	18	—	—	PUNCT
cblr-7807	171	19	whether	whether	SCONJ
cblr-7807	171	20	or	or	CCONJ
cblr-7807	171	21	not	not	PART
cblr-7807	171	22	the	the	DET
cblr-7807	171	23	market	market	NOUN
cblr-7807	171	24	actually	actually	ADV
cblr-7807	171	25	does	do	VERB
cblr-7807	171	26	so	so	ADV
cblr-7807	171	27	—	—	PUNCT
cblr-7807	171	28	and	and	CCONJ
cblr-7807	171	29	therefore	therefore	ADV
cblr-7807	171	30	will	will	AUX
cblr-7807	171	31	be	be	AUX
cblr-7807	171	32	biased	bias	VERB
cblr-7807	171	33	towards	towards	ADP
cblr-7807	171	34	producing	produce	VERB
cblr-7807	171	35	short	short	ADJ
cblr-7807	171	36	-	-	PUNCT
cblr-7807	171	37	term	term	NOUN
cblr-7807	171	38	results.43	results.43	NOUN
cblr-7807	171	39	accordingly	accordingly	ADV
cblr-7807	171	40	,	,	PUNCT
cblr-7807	171	41	41	41	NUM
cblr-7807	171	42	russell	russell	PROPN
cblr-7807	171	43	korobkin	korobkin	PROPN
cblr-7807	171	44	,	,	PUNCT
cblr-7807	171	45	the	the	DET
cblr-7807	171	46	endowment	endowment	ADJ
cblr-7807	171	47	effect	effect	NOUN
cblr-7807	171	48	and	and	CCONJ
cblr-7807	171	49	legal	legal	ADJ
cblr-7807	171	50	analysis	analysis	NOUN
cblr-7807	171	51	,	,	PUNCT
cblr-7807	171	52	97	97	NUM
cblr-7807	171	53	nw	nw	NOUN
cblr-7807	171	54	.	.	PUNCT
cblr-7807	171	55	u.	u.	PROPN
cblr-7807	171	56	l.	l.	PROPN
cblr-7807	171	57	rev	rev	PROPN
cblr-7807	171	58	.	.	PROPN
cblr-7807	171	59	1227	1227	NUM
cblr-7807	171	60	,	,	PUNCT
cblr-7807	171	61	1281–82	1281–82	NUM
cblr-7807	171	62	(	(	PUNCT
cblr-7807	171	63	2003	2003	NUM
cblr-7807	171	64	)	)	PUNCT
cblr-7807	171	65	(	(	PUNCT
cblr-7807	171	66	footnotes	footnote	NOUN
cblr-7807	171	67	omitted	omit	VERB
cblr-7807	171	68	)	)	PUNCT
cblr-7807	171	69	.	.	PUNCT
cblr-7807	172	1	42	42	NUM
cblr-7807	172	2	see	see	VERB
cblr-7807	172	3	supra	supra	PROPN
cblr-7807	172	4	note	note	PROPN
cblr-7807	172	5	13	13	NUM
cblr-7807	172	6	and	and	CCONJ
cblr-7807	172	7	accompanying	accompany	VERB
cblr-7807	172	8	text	text	NOUN
cblr-7807	172	9	(	(	PUNCT
cblr-7807	172	10	discussing	discuss	VERB
cblr-7807	172	11	barzuza	barzuza	NOUN
cblr-7807	172	12	and	and	CCONJ
cblr-7807	172	13	talley	talley	NOUN
cblr-7807	172	14	’s	’s	PART
cblr-7807	172	15	analytical	analytical	ADJ
cblr-7807	172	16	framework	framework	NOUN
cblr-7807	172	17	)	)	PUNCT
cblr-7807	172	18	.	.	PUNCT
cblr-7807	173	1	43	43	NUM
cblr-7807	173	2	see	see	VERB
cblr-7807	173	3	andrea	andrea	PROPN
cblr-7807	173	4	bowdren	bowdren	PROPN
cblr-7807	173	5	,	,	PUNCT
cblr-7807	173	6	contextualising	contextualise	VERB
cblr-7807	173	7	short	short	ADJ
cblr-7807	173	8	-	-	PUNCT
cblr-7807	173	9	termism	termism	NOUN
cblr-7807	173	10	:	:	PUNCT
cblr-7807	173	11	does	do	AUX
cblr-7807	173	12	the	the	DET
cblr-7807	173	13	corporate	corporate	ADJ
cblr-7807	173	14	legal	legal	ADJ
cblr-7807	173	15	landscape	landscape	NOUN
cblr-7807	173	16	facilitate	facilitate	NOUN
cblr-7807	173	17	managerial	managerial	ADJ
cblr-7807	173	18	myopia	myopia	NOUN
cblr-7807	173	19	?	?	PUNCT
cblr-7807	173	20	,	,	PUNCT
cblr-7807	173	21	5	5	NUM
cblr-7807	173	22	ucl	ucl	PROPN
cblr-7807	173	23	j.l	j.l	PROPN
cblr-7807	173	24	.	.	PROPN
cblr-7807	173	25	&	&	CCONJ
cblr-7807	173	26	juris	juris	PROPN
cblr-7807	173	27	.	.	PROPN
cblr-7807	173	28	285	285	NUM
cblr-7807	173	29	,	,	PUNCT
cblr-7807	173	30	305	305	NUM
cblr-7807	173	31	(	(	PUNCT
cblr-7807	173	32	2016	2016	NUM
cblr-7807	173	33	)	)	PUNCT
cblr-7807	173	34	(	(	PUNCT
cblr-7807	173	35	“	"	PUNCT
cblr-7807	173	36	by	by	ADP
cblr-7807	173	37	analysing	analyse	VERB
cblr-7807	173	38	questionnaire	questionnaire	NOUN
cblr-7807	173	39	responses	response	NOUN
cblr-7807	173	40	of	of	ADP
cblr-7807	173	41	boards	board	NOUN
cblr-7807	173	42	of	of	ADP
cblr-7807	173	43	directors	director	NOUN
cblr-7807	173	44	of	of	ADP
cblr-7807	173	45	over	over	ADP
cblr-7807	173	46	200	200	NUM
cblr-7807	173	47	listed	list	VERB
cblr-7807	173	48	companies	company	NOUN
cblr-7807	173	49	,	,	PUNCT
cblr-7807	173	50	research	research	NOUN
cblr-7807	173	51	conducted	conduct	VERB
cblr-7807	173	52	[	[	PUNCT
cblr-7807	173	53	by	by	ADP
cblr-7807	173	54	demirag	demirag	PROPN
cblr-7807	173	55	]	]	PUNCT
cblr-7807	173	56	over	over	ADP
cblr-7807	173	57	15	15	NUM
cblr-7807	173	58	years	year	NOUN
cblr-7807	173	59	ago	ago	ADV
cblr-7807	173	60	concluded	conclude	VERB
cblr-7807	173	61	that	that	SCONJ
cblr-7807	173	62	if	if	SCONJ
cblr-7807	173	63	managers	manager	NOUN
cblr-7807	173	64	perceive	perceive	VERB
cblr-7807	173	65	the	the	DET
cblr-7807	173	66	market	market	NOUN
cblr-7807	173	67	will	will	AUX
cblr-7807	173	68	evaluate	evaluate	VERB
cblr-7807	173	69	the	the	DET
cblr-7807	173	70	company	company	NOUN
cblr-7807	173	71	using	use	VERB
cblr-7807	173	72	short	short	ADJ
cblr-7807	173	73	-	-	PUNCT
cblr-7807	173	74	term	term	NOUN
cblr-7807	173	75	criteria	criterion	NOUN
cblr-7807	173	76	,	,	PUNCT
cblr-7807	173	77	they	they	PRON
cblr-7807	173	78	will	will	AUX
cblr-7807	173	79	behave	behave	VERB
cblr-7807	173	80	myopically	myopically	ADV
cblr-7807	173	81	.	.	PUNCT
cblr-7807	173	82	”	"	PUNCT
cblr-7807	173	83	)	)	PUNCT
cblr-7807	173	84	;	;	PUNCT
cblr-7807	173	85	istemi	istemi	PROPN
cblr-7807	173	86	s.	s.	PROPN
cblr-7807	173	87	demirag	demirag	PROPN
cblr-7807	173	88	,	,	PUNCT
cblr-7807	173	89	boards	board	NOUN
cblr-7807	173	90	of	of	ADP
cblr-7807	173	91	directors	director	NOUN
cblr-7807	173	92	’	'	PUNCT
cblr-7807	173	93	short	short	ADJ
cblr-7807	173	94	-	-	PUNCT
cblr-7807	173	95	term	term	NOUN
cblr-7807	173	96	perceptions	perception	NOUN
cblr-7807	173	97	and	and	CCONJ
cblr-7807	173	98	evidence	evidence	NOUN
cblr-7807	173	99	of	of	ADP
cblr-7807	173	100	managerial	managerial	ADJ
cblr-7807	173	101	short	short	ADJ
cblr-7807	173	102	-	-	PUNCT
cblr-7807	173	103	termism	termism	NOUN
cblr-7807	173	104	in	in	ADP
cblr-7807	173	105	the	the	DET
cblr-7807	173	106	uk	uk	PROPN
cblr-7807	173	107	,	,	PUNCT
cblr-7807	173	108	4	4	NUM
cblr-7807	173	109	eur	eur	NOUN
cblr-7807	173	110	.	.	PUNCT
cblr-7807	174	1	j.	j.	PROPN
cblr-7807	174	2	fin	fin	PROPN
cblr-7807	174	3	.	.	PROPN
cblr-7807	175	1	195	195	NUM
cblr-7807	175	2	,	,	PUNCT
cblr-7807	175	3	204	204	NUM
cblr-7807	175	4	(	(	PUNCT
cblr-7807	175	5	1998	1998	NUM
cblr-7807	175	6	)	)	PUNCT
cblr-7807	175	7	(	(	PUNCT
cblr-7807	175	8	“	"	PUNCT
cblr-7807	175	9	more	more	ADJ
cblr-7807	175	10	than	than	ADP
cblr-7807	175	11	half	half	NOUN
cblr-7807	175	12	(	(	PUNCT
cblr-7807	175	13	51.1	51.1	NUM
cblr-7807	175	14	%	%	NOUN
cblr-7807	175	15	)	)	PUNCT
cblr-7807	175	16	of	of	ADP
cblr-7807	175	17	the	the	DET
cblr-7807	175	18	[	[	NOUN
cblr-7807	175	19	boards	board	NOUN
cblr-7807	175	20	of	of	ADP
cblr-7807	175	21	directors	director	NOUN
cblr-7807	175	22	]	]	PUNCT
cblr-7807	175	23	perceived	perceive	VERB
cblr-7807	175	24	that	that	SCONJ
cblr-7807	175	25	analysts	analyst	NOUN
cblr-7807	175	26	and	and	CCONJ
cblr-7807	175	27	major	major	ADJ
cblr-7807	175	28	shareholders	shareholder	NOUN
cblr-7807	175	29	often	often	ADV
cblr-7807	175	30	exhibited	exhibit	VERB
cblr-7807	175	31	a	a	DET
cblr-7807	175	32	strong	strong	ADJ
cblr-7807	175	33	bias	bias	NOUN
cblr-7807	175	34	against	against	ADP
cblr-7807	175	35	high	high	ADJ
cblr-7807	175	36	-	-	PUNCT
cblr-7807	175	37	risk	risk	NOUN
cblr-7807	175	38	long	long	ADJ
cblr-7807	175	39	-	-	PUNCT
cblr-7807	175	40	term	term	NOUN
cblr-7807	175	41	research	research	NOUN
cblr-7807	175	42	in	in	ADP
cblr-7807	175	43	favour	favour	NOUN
cblr-7807	175	44	of	of	ADP
cblr-7807	175	45	lower	low	ADJ
cblr-7807	175	46	-	-	PUNCT
cblr-7807	175	47	risk	risk	NOUN
cblr-7807	175	48	short	short	ADJ
cblr-7807	175	49	-	-	PUNCT
cblr-7807	175	50	term	term	NOUN
cblr-7807	175	51	product	product	NOUN
cblr-7807	175	52	development	development	NOUN
cblr-7807	175	53	.	.	PUNCT
cblr-7807	175	54	”	"	PUNCT
cblr-7807	175	55	)	)	PUNCT
cblr-7807	175	56	;	;	PUNCT
cblr-7807	175	57	walker	walker	PROPN
cblr-7807	175	58	,	,	PUNCT
cblr-7807	175	59	supra	supra	PROPN
cblr-7807	175	60	note	note	PROPN
cblr-7807	175	61	33	33	NUM
cblr-7807	175	62	,	,	PUNCT
cblr-7807	175	63	at	at	ADP
cblr-7807	175	64	441	441	NUM
cblr-7807	175	65	(	(	PUNCT
cblr-7807	175	66	“	"	PUNCT
cblr-7807	175	67	[	[	X
cblr-7807	175	68	m]anagers	m]anager	NOUN
cblr-7807	175	69	might	might	AUX
cblr-7807	175	70	bainbridge	bainbridge	VERB
cblr-7807	175	71	(	(	PUNCT
cblr-7807	175	72	comment	comment	NOUN
cblr-7807	175	73	)	)	PUNCT
cblr-7807	175	74	12/28/2020	12/28/2020	NUM
cblr-7807	175	75	3:25	3:25	NUM
cblr-7807	175	76	pm	pm	NOUN
cblr-7807	175	77	no	no	INTJ
cblr-7807	175	78	.	.	PUNCT
cblr-7807	176	1	3:801	3:801	NUM
cblr-7807	176	2	]	]	X
cblr-7807	176	3	long	long	ADJ
cblr-7807	176	4	-	-	PUNCT
cblr-7807	176	5	term	term	NOUN
cblr-7807	176	6	bias	bias	NOUN
cblr-7807	176	7	and	and	CCONJ
cblr-7807	176	8	director	director	NOUN
cblr-7807	176	9	primacy	primacy	NOUN
cblr-7807	176	10	813	813	NUM
cblr-7807	176	11	the	the	DET
cblr-7807	176	12	problem	problem	NOUN
cblr-7807	176	13	may	may	AUX
cblr-7807	176	14	not	not	PART
cblr-7807	176	15	be	be	AUX
cblr-7807	176	16	management	management	NOUN
cblr-7807	176	17	overconfidence	overconfidence	NOUN
cblr-7807	176	18	,	,	PUNCT
cblr-7807	176	19	but	but	CCONJ
cblr-7807	176	20	rather	rather	ADV
cblr-7807	176	21	a	a	DET
cblr-7807	176	22	persistent	persistent	ADJ
cblr-7807	176	23	error	error	NOUN
cblr-7807	176	24	of	of	ADP
cblr-7807	176	25	perception	perception	NOUN
cblr-7807	176	26	.	.	PUNCT
cblr-7807	177	1	such	such	ADJ
cblr-7807	177	2	errors	error	NOUN
cblr-7807	177	3	could	could	AUX
cblr-7807	177	4	result	result	VERB
cblr-7807	177	5	from	from	ADP
cblr-7807	177	6	dysfunctional	dysfunctional	ADJ
cblr-7807	177	7	cognition	cognition	NOUN
cblr-7807	177	8	,	,	PUNCT
cblr-7807	177	9	which	which	PRON
cblr-7807	177	10	leads	lead	VERB
cblr-7807	177	11	managers	manager	NOUN
cblr-7807	177	12	to	to	PART
cblr-7807	177	13	erroneously	erroneously	ADV
cblr-7807	177	14	perceive	perceive	VERB
cblr-7807	177	15	a	a	DET
cblr-7807	177	16	threat	threat	NOUN
cblr-7807	177	17	of	of	ADP
cblr-7807	177	18	investor	investor	NOUN
cblr-7807	177	19	short	short	NOUN
cblr-7807	177	20	-	-	PUNCT
cblr-7807	177	21	termism.44	termism.44	NOUN
cblr-7807	177	22	alternatively	alternatively	ADV
cblr-7807	177	23	,	,	PUNCT
cblr-7807	177	24	it	it	PRON
cblr-7807	177	25	could	could	AUX
cblr-7807	177	26	be	be	AUX
cblr-7807	177	27	the	the	DET
cblr-7807	177	28	result	result	NOUN
cblr-7807	177	29	of	of	ADP
cblr-7807	177	30	the	the	DET
cblr-7807	177	31	complexity	complexity	NOUN
cblr-7807	177	32	of	of	ADP
cblr-7807	177	33	the	the	DET
cblr-7807	177	34	managerial	managerial	ADJ
cblr-7807	177	35	problem	problem	NOUN
cblr-7807	177	36	and	and	CCONJ
cblr-7807	177	37	bounded	bound	VERB
cblr-7807	177	38	rationality	rationality	NOUN
cblr-7807	177	39	,	,	PUNCT
cblr-7807	177	40	which	which	PRON
cblr-7807	177	41	together	together	ADV
cblr-7807	177	42	may	may	AUX
cblr-7807	177	43	lead	lead	VERB
cblr-7807	177	44	a	a	DET
cblr-7807	177	45	manager	manager	NOUN
cblr-7807	177	46	“	"	PUNCT
cblr-7807	177	47	to	to	PART
cblr-7807	177	48	limit	limit	VERB
cblr-7807	177	49	her	her	PRON
cblr-7807	177	50	search	search	NOUN
cblr-7807	177	51	for	for	ADP
cblr-7807	177	52	information	information	NOUN
cblr-7807	177	53	or	or	CCONJ
cblr-7807	177	54	consideration	consideration	NOUN
cblr-7807	177	55	of	of	ADP
cblr-7807	177	56	the	the	DET
cblr-7807	177	57	decision	decision	NOUN
cblr-7807	177	58	short	short	ADV
cblr-7807	177	59	of	of	ADP
cblr-7807	177	60	reaching	reach	VERB
cblr-7807	177	61	a	a	DET
cblr-7807	177	62	utilitymaximizing	utilitymaximizing	ADJ
cblr-7807	177	63	decision	decision	NOUN
cblr-7807	177	64	.	.	PUNCT
cblr-7807	178	1	”45	”45	NOUN
cblr-7807	178	2	in	in	ADP
cblr-7807	178	3	either	either	DET
cblr-7807	178	4	case	case	NOUN
cblr-7807	178	5	,	,	PUNCT
cblr-7807	178	6	this	this	PRON
cblr-7807	178	7	is	be	AUX
cblr-7807	178	8	not	not	PART
cblr-7807	178	9	mere	mere	ADJ
cblr-7807	178	10	quibbling	quibble	VERB
cblr-7807	178	11	.	.	PUNCT
cblr-7807	179	1	policies	policy	NOUN
cblr-7807	179	2	that	that	PRON
cblr-7807	179	3	are	be	AUX
cblr-7807	179	4	well	well	ADV
cblr-7807	179	5	suited	suited	ADJ
cblr-7807	179	6	to	to	PART
cblr-7807	179	7	improve	improve	VERB
cblr-7807	179	8	the	the	DET
cblr-7807	179	9	accuracy	accuracy	NOUN
cblr-7807	179	10	of	of	ADP
cblr-7807	179	11	managerial	managerial	ADJ
cblr-7807	179	12	perceptions	perception	NOUN
cblr-7807	179	13	of	of	ADP
cblr-7807	179	14	market	market	NOUN
cblr-7807	179	15	preferences	preference	NOUN
cblr-7807	179	16	may	may	AUX
cblr-7807	179	17	differ	differ	VERB
cblr-7807	179	18	from	from	ADP
cblr-7807	179	19	those	those	PRON
cblr-7807	179	20	well	well	ADV
cblr-7807	179	21	suited	suit	VERB
cblr-7807	179	22	to	to	PART
cblr-7807	179	23	reduce	reduce	VERB
cblr-7807	179	24	managerial	managerial	ADJ
cblr-7807	179	25	confidence	confidence	NOUN
cblr-7807	179	26	to	to	ADP
cblr-7807	179	27	optimal	optimal	ADJ
cblr-7807	179	28	levels	level	NOUN
cblr-7807	179	29	.	.	PUNCT
cblr-7807	180	1	where	where	SCONJ
cblr-7807	180	2	misperceptions	misperception	NOUN
cblr-7807	180	3	are	be	AUX
cblr-7807	180	4	based	base	VERB
cblr-7807	180	5	on	on	ADP
cblr-7807	180	6	erroneous	erroneous	ADJ
cblr-7807	180	7	beliefs	belief	NOUN
cblr-7807	180	8	or	or	CCONJ
cblr-7807	180	9	information	information	NOUN
cblr-7807	180	10	processing	processing	NOUN
cblr-7807	180	11	failures	failure	NOUN
cblr-7807	180	12	,	,	PUNCT
cblr-7807	180	13	for	for	ADP
cblr-7807	180	14	example	example	NOUN
cblr-7807	180	15	,	,	PUNCT
cblr-7807	180	16	“	"	PUNCT
cblr-7807	180	17	presenting	present	VERB
cblr-7807	180	18	corrective	corrective	ADJ
cblr-7807	180	19	messages	message	NOUN
cblr-7807	180	20	in	in	ADP
cblr-7807	180	21	convenient	convenient	ADJ
cblr-7807	180	22	and	and	CCONJ
cblr-7807	180	23	accessible	accessible	ADJ
cblr-7807	180	24	formats	format	NOUN
cblr-7807	180	25	should	should	AUX
cblr-7807	180	26	reduce	reduce	VERB
cblr-7807	180	27	misperceptions	misperception	NOUN
cblr-7807	180	28	.	.	PUNCT
cblr-7807	181	1	”46	”46	VERB
cblr-7807	181	2	in	in	ADP
cblr-7807	181	3	contrast	contrast	NOUN
cblr-7807	181	4	,	,	PUNCT
cblr-7807	181	5	to	to	PART
cblr-7807	181	6	correct	correct	VERB
cblr-7807	181	7	the	the	DET
cblr-7807	181	8	overconfidence	overconfidence	NOUN
cblr-7807	181	9	bias	bias	NOUN
cblr-7807	181	10	,	,	PUNCT
cblr-7807	181	11	“	"	PUNCT
cblr-7807	181	12	policymakers	policymaker	NOUN
cblr-7807	181	13	will	will	AUX
cblr-7807	181	14	have	have	VERB
cblr-7807	181	15	to	to	PART
cblr-7807	181	16	set	set	VERB
cblr-7807	181	17	.	.	PUNCT
cblr-7807	181	18	.	.	PUNCT
cblr-7807	181	19	.	.	PUNCT
cblr-7807	182	1	penalties	penalty	NOUN
cblr-7807	182	2	higher	higher	ADV
cblr-7807	182	3	,	,	PUNCT
cblr-7807	182	4	sometimes	sometimes	ADV
cblr-7807	182	5	substantially	substantially	ADV
cblr-7807	182	6	so	so	ADV
cblr-7807	182	7	,	,	PUNCT
cblr-7807	182	8	than	than	SCONJ
cblr-7807	182	9	they	they	PRON
cblr-7807	182	10	would	would	AUX
cblr-7807	182	11	in	in	ADP
cblr-7807	182	12	a	a	DET
cblr-7807	182	13	world	world	NOUN
cblr-7807	182	14	of	of	ADP
cblr-7807	182	15	utility	utility	NOUN
cblr-7807	182	16	-	-	PUNCT
cblr-7807	182	17	maximizing	maximize	VERB
cblr-7807	182	18	actors	actor	NOUN
cblr-7807	182	19	who	who	PRON
cblr-7807	182	20	are	be	AUX
cblr-7807	182	21	not	not	PART
cblr-7807	182	22	systematically	systematically	ADV
cblr-7807	182	23	overconfident	overconfident	ADJ
cblr-7807	182	24	.	.	PUNCT
cblr-7807	183	1	”47	”47	PROPN
cblr-7807	183	2	the	the	DET
cblr-7807	183	3	latter	latter	ADJ
cblr-7807	183	4	seems	seem	VERB
cblr-7807	183	5	a	a	DET
cblr-7807	183	6	considerably	considerably	ADV
cblr-7807	183	7	harsher	harsh	ADJ
cblr-7807	183	8	strategy	strategy	NOUN
cblr-7807	183	9	than	than	ADP
cblr-7807	183	10	the	the	DET
cblr-7807	183	11	former	former	ADJ
cblr-7807	183	12	.	.	PUNCT
cblr-7807	184	1	believe	believe	VERB
cblr-7807	184	2	that	that	SCONJ
cblr-7807	184	3	the	the	DET
cblr-7807	184	4	market	market	NOUN
cblr-7807	184	5	is	be	AUX
cblr-7807	184	6	myopic	myopic	ADJ
cblr-7807	184	7	and	and	CCONJ
cblr-7807	184	8	shape	shape	VERB
cblr-7807	184	9	their	their	PRON
cblr-7807	184	10	own	own	ADJ
cblr-7807	184	11	behavior	behavior	NOUN
cblr-7807	184	12	accordingly	accordingly	ADV
cblr-7807	184	13	.	.	PUNCT
cblr-7807	184	14	”	"	PUNCT
cblr-7807	184	15	)	)	PUNCT
cblr-7807	184	16	.	.	PUNCT
cblr-7807	185	1	44	44	NUM
cblr-7807	185	2	see	see	VERB
cblr-7807	185	3	,	,	PUNCT
cblr-7807	185	4	e.g.	e.g.	ADV
cblr-7807	185	5	,	,	PUNCT
cblr-7807	185	6	larry	larry	PROPN
cblr-7807	185	7	cunningham	cunningham	PROPN
cblr-7807	185	8	,	,	PUNCT
cblr-7807	185	9	using	use	VERB
cblr-7807	185	10	principles	principle	NOUN
cblr-7807	185	11	from	from	ADP
cblr-7807	185	12	cognitive	cognitive	ADJ
cblr-7807	185	13	behavioral	behavioral	ADJ
cblr-7807	185	14	therapy	therapy	NOUN
cblr-7807	185	15	to	to	PART
cblr-7807	185	16	reduce	reduce	VERB
cblr-7807	185	17	nervousness	nervousness	NOUN
cblr-7807	185	18	in	in	ADP
cblr-7807	185	19	oral	oral	ADJ
cblr-7807	185	20	argument	argument	NOUN
cblr-7807	185	21	or	or	CCONJ
cblr-7807	185	22	moot	moot	ADJ
cblr-7807	185	23	court	court	NOUN
cblr-7807	185	24	,	,	PUNCT
cblr-7807	185	25	15	15	NUM
cblr-7807	185	26	nev	nev	NOUN
cblr-7807	185	27	.	.	PROPN
cblr-7807	185	28	l.j	l.j	PROPN
cblr-7807	185	29	.	.	PROPN
cblr-7807	186	1	586	586	NUM
cblr-7807	186	2	,	,	PUNCT
cblr-7807	186	3	594	594	NUM
cblr-7807	186	4	(	(	PUNCT
cblr-7807	186	5	2015	2015	NUM
cblr-7807	186	6	)	)	PUNCT
cblr-7807	186	7	(	(	PUNCT
cblr-7807	186	8	defining	define	VERB
cblr-7807	186	9	“	"	PUNCT
cblr-7807	186	10	dysfunctional	dysfunctional	ADJ
cblr-7807	186	11	cognition	cognition	NOUN
cblr-7807	186	12	”	"	PUNCT
cblr-7807	186	13	as	as	ADP
cblr-7807	186	14	existing	exist	VERB
cblr-7807	186	15	when	when	SCONJ
cblr-7807	186	16	the	the	DET
cblr-7807	186	17	subject	subject	NOUN
cblr-7807	186	18	“	"	PUNCT
cblr-7807	186	19	erroneously	erroneously	ADV
cblr-7807	186	20	believes	believe	VERB
cblr-7807	186	21	there	there	PRON
cblr-7807	186	22	is	be	VERB
cblr-7807	186	23	a	a	DET
cblr-7807	186	24	threat	threat	NOUN
cblr-7807	186	25	”	"	PUNCT
cblr-7807	186	26	)	)	PUNCT
cblr-7807	186	27	.	.	PUNCT
cblr-7807	187	1	45	45	NUM
cblr-7807	187	2	korobkin	korobkin	PROPN
cblr-7807	187	3	&	&	CCONJ
cblr-7807	187	4	ulen	ulen	PROPN
cblr-7807	187	5	,	,	PUNCT
cblr-7807	187	6	supra	supra	PROPN
cblr-7807	187	7	note	note	NOUN
cblr-7807	187	8	14	14	NUM
cblr-7807	187	9	,	,	PUNCT
cblr-7807	187	10	at	at	ADP
cblr-7807	187	11	1077	1077	NUM
cblr-7807	187	12	.	.	PUNCT
cblr-7807	188	1	46	46	NUM
cblr-7807	188	2	see	see	VERB
cblr-7807	188	3	s.i	s.i	PROPN
cblr-7807	188	4	.	.	PROPN
cblr-7807	188	5	strong	strong	ADJ
cblr-7807	188	6	,	,	PUNCT
cblr-7807	188	7	alternative	alternative	ADJ
cblr-7807	188	8	facts	fact	NOUN
cblr-7807	188	9	and	and	CCONJ
cblr-7807	188	10	the	the	DET
cblr-7807	188	11	post	post	ADJ
cblr-7807	188	12	-	-	ADJ
cblr-7807	188	13	truth	truth	ADJ
cblr-7807	188	14	society	society	NOUN
cblr-7807	188	15	:	:	PUNCT
cblr-7807	188	16	meeting	meet	VERB
cblr-7807	188	17	the	the	DET
cblr-7807	188	18	challenge	challenge	NOUN
cblr-7807	188	19	,	,	PUNCT
cblr-7807	188	20	165	165	NUM
cblr-7807	188	21	u.	u.	NOUN
cblr-7807	188	22	pa	pa	PROPN
cblr-7807	188	23	.	.	PUNCT
cblr-7807	188	24	l.	l.	PROPN
cblr-7807	188	25	rev	rev	PROPN
cblr-7807	188	26	.	.	PROPN
cblr-7807	189	1	online	online	PROPN
cblr-7807	189	2	137	137	NUM
cblr-7807	189	3	,	,	PUNCT
cblr-7807	189	4	138	138	NUM
cblr-7807	189	5	&	&	CCONJ
cblr-7807	189	6	n.4	n.4	PROPN
cblr-7807	189	7	(	(	PUNCT
cblr-7807	189	8	2017	2017	NUM
cblr-7807	189	9	)	)	PUNCT
cblr-7807	189	10	(	(	PUNCT
cblr-7807	189	11	quoting	quote	VERB
cblr-7807	189	12	brendan	brendan	PROPN
cblr-7807	189	13	nyhan	nyhan	PROPN
cblr-7807	189	14	&	&	CCONJ
cblr-7807	189	15	jason	jason	PROPN
cblr-7807	189	16	reifler	reifler	PROPN
cblr-7807	189	17	,	,	PUNCT
cblr-7807	189	18	the	the	DET
cblr-7807	189	19	roles	role	NOUN
cblr-7807	189	20	of	of	ADP
cblr-7807	189	21	information	information	NOUN
cblr-7807	189	22	deficits	deficit	NOUN
cblr-7807	189	23	and	and	CCONJ
cblr-7807	189	24	identity	identity	NOUN
cblr-7807	189	25	threat	threat	NOUN
cblr-7807	189	26	in	in	ADP
cblr-7807	189	27	the	the	DET
cblr-7807	189	28	prevalence	prevalence	NOUN
cblr-7807	189	29	of	of	ADP
cblr-7807	189	30	misperceptions	misperception	NOUN
cblr-7807	189	31	,	,	PUNCT
cblr-7807	189	32	(	(	PUNCT
cblr-7807	189	33	feb	feb	X
cblr-7807	189	34	.	.	PROPN
cblr-7807	189	35	24	24	NUM
cblr-7807	189	36	,	,	PUNCT
cblr-7807	189	37	2017	2017	NUM
cblr-7807	189	38	)	)	PUNCT
cblr-7807	189	39	(	(	PUNCT
cblr-7807	189	40	unpublished	unpublished	ADJ
cblr-7807	189	41	manuscript	manuscript	NOUN
cblr-7807	189	42	)	)	PUNCT
cblr-7807	189	43	,	,	PUNCT
cblr-7807	189	44	http://www.dartmouth.edu/~nyhan/openingpolitical-mind.pdf	http://www.dartmouth.edu/~nyhan/openingpolitical-mind.pdf	PROPN
cblr-7807	190	1	[	[	X
cblr-7807	191	1	https://perma.cc/t36q-hg59	https://perma.cc/t36q-hg59	PROPN
cblr-7807	191	2	]	]	X
cblr-7807	191	3	)	)	PUNCT
cblr-7807	191	4	.	.	PUNCT
cblr-7807	192	1	47	47	NUM
cblr-7807	192	2	korobkin	korobkin	PROPN
cblr-7807	192	3	&	&	CCONJ
cblr-7807	192	4	ulen	ulen	PROPN
cblr-7807	192	5	,	,	PUNCT
cblr-7807	192	6	supra	supra	PROPN
cblr-7807	192	7	note	note	NOUN
cblr-7807	192	8	14	14	NUM
cblr-7807	192	9	,	,	PUNCT
cblr-7807	192	10	at	at	ADP
cblr-7807	192	11	1092	1092	NUM
cblr-7807	192	12	.	.	PUNCT
cblr-7807	193	1	korobkin	korobkin	NOUN
cblr-7807	193	2	and	and	CCONJ
cblr-7807	193	3	ulen	ulen	ADJ
cblr-7807	193	4	’s	’s	PART
cblr-7807	193	5	argument	argument	NOUN
cblr-7807	193	6	is	be	AUX
cblr-7807	193	7	premised	premise	VERB
cblr-7807	193	8	on	on	ADP
cblr-7807	193	9	the	the	DET
cblr-7807	193	10	assumption	assumption	NOUN
cblr-7807	193	11	that	that	SCONJ
cblr-7807	193	12	“	"	PUNCT
cblr-7807	193	13	rational	rational	ADJ
cblr-7807	193	14	choice	choice	NOUN
cblr-7807	193	15	theory	theory	NOUN
cblr-7807	193	16	advises	advise	VERB
cblr-7807	193	17	policymakers	policymaker	NOUN
cblr-7807	193	18	[	[	X
cblr-7807	193	19	who	who	PRON
cblr-7807	193	20	wish	wish	VERB
cblr-7807	193	21	to	to	PART
cblr-7807	193	22	deter	deter	VERB
cblr-7807	193	23	some	some	DET
cblr-7807	193	24	form	form	NOUN
cblr-7807	193	25	of	of	ADP
cblr-7807	193	26	conduct	conduct	NOUN
cblr-7807	193	27	]	]	PUNCT
cblr-7807	193	28	to	to	PART
cblr-7807	193	29	set	set	VERB
cblr-7807	193	30	the	the	DET
cblr-7807	193	31	penalty	penalty	NOUN
cblr-7807	193	32	for	for	ADP
cblr-7807	193	33	the	the	DET
cblr-7807	193	34	undesirable	undesirable	ADJ
cblr-7807	193	35	conduct	conduct	NOUN
cblr-7807	193	36	such	such	ADJ
cblr-7807	193	37	that	that	SCONJ
cblr-7807	193	38	the	the	DET
cblr-7807	193	39	desired	desire	VERB
cblr-7807	193	40	fraction	fraction	NOUN
cblr-7807	193	41	of	of	ADP
cblr-7807	193	42	the	the	DET
cblr-7807	193	43	population	population	NOUN
cblr-7807	193	44	—	—	PUNCT
cblr-7807	193	45	say	say	INTJ
cblr-7807	193	46	,	,	PUNCT
cblr-7807	193	47	potential	potential	ADJ
cblr-7807	193	48	injurers	injurer	NOUN
cblr-7807	193	49	—	—	PUNCT
cblr-7807	193	50	will	will	AUX
cblr-7807	193	51	calculate	calculate	VERB
cblr-7807	193	52	that	that	SCONJ
cblr-7807	193	53	the	the	DET
cblr-7807	193	54	expected	expect	VERB
cblr-7807	193	55	costs	cost	NOUN
cblr-7807	193	56	of	of	ADP
cblr-7807	193	57	the	the	DET
cblr-7807	193	58	conduct	conduct	NOUN
cblr-7807	193	59	exceed	exceed	VERB
cblr-7807	193	60	the	the	DET
cblr-7807	193	61	expected	expect	VERB
cblr-7807	193	62	benefits	benefit	NOUN
cblr-7807	193	63	to	to	ADP
cblr-7807	193	64	them	they	PRON
cblr-7807	193	65	.	.	PUNCT
cblr-7807	193	66	”	"	PUNCT
cblr-7807	194	1	i	i	PRON
cblr-7807	194	2	d.	d.	PROPN
cblr-7807	194	3	if	if	SCONJ
cblr-7807	194	4	decisionmakers	decisionmakers	PROPN
cblr-7807	194	5	bainbridge	bainbridge	PROPN
cblr-7807	194	6	(	(	PUNCT
cblr-7807	194	7	comment	comment	NOUN
cblr-7807	194	8	)	)	PUNCT
cblr-7807	194	9	12/28/2020	12/28/2020	NUM
cblr-7807	194	10	3:25	3:25	NUM
cblr-7807	194	11	pm	pm	NOUN
cblr-7807	194	12	814	814	NUM
cblr-7807	194	13	columbia	columbia	PROPN
cblr-7807	194	14	business	business	NOUN
cblr-7807	194	15	law	law	PROPN
cblr-7807	194	16	review	review	NOUN
cblr-7807	194	17	[	[	X
cblr-7807	194	18	vol	vol	NOUN
cblr-7807	194	19	.	.	PUNCT
cblr-7807	194	20	2020	2020	NUM
cblr-7807	194	21	c.	c.	NOUN
cblr-7807	194	22	the	the	DET
cblr-7807	194	23	case	case	NOUN
cblr-7807	194	24	studies	study	VERB
cblr-7807	194	25	barzuza	barzuza	VERB
cblr-7807	194	26	and	and	CCONJ
cblr-7807	194	27	talley	talley	PROPN
cblr-7807	194	28	offer	offer	VERB
cblr-7807	194	29	three	three	NUM
cblr-7807	194	30	case	case	NOUN
cblr-7807	194	31	studies	study	NOUN
cblr-7807	194	32	.	.	PUNCT
cblr-7807	195	1	first	first	ADV
cblr-7807	195	2	,	,	PUNCT
cblr-7807	195	3	they	they	PRON
cblr-7807	195	4	explore	explore	VERB
cblr-7807	195	5	marissa	marissa	PROPN
cblr-7807	195	6	mayer	mayer	PROPN
cblr-7807	195	7	’s	’s	PART
cblr-7807	195	8	effort	effort	NOUN
cblr-7807	195	9	to	to	PART
cblr-7807	195	10	remake	remake	VERB
cblr-7807	195	11	yahoo	yahoo	NOUN
cblr-7807	195	12	to	to	PART
cblr-7807	195	13	compete	compete	VERB
cblr-7807	195	14	with	with	ADP
cblr-7807	195	15	google	google	PROPN
cblr-7807	195	16	and	and	CCONJ
cblr-7807	195	17	facebook.48	facebook.48	PROPN
cblr-7807	195	18	after	after	ADP
cblr-7807	195	19	a	a	DET
cblr-7807	195	20	four	four	NUM
cblr-7807	195	21	-	-	PUNCT
cblr-7807	195	22	year	year	NOUN
cblr-7807	195	23	run	run	NOUN
cblr-7807	195	24	in	in	ADP
cblr-7807	195	25	which	which	PRON
cblr-7807	195	26	yahoo	yahoo	PROPN
cblr-7807	195	27	spent	spend	VERB
cblr-7807	195	28	almost	almost	ADV
cblr-7807	195	29	$	$	SYM
cblr-7807	195	30	3	3	NUM
cblr-7807	195	31	billion	billion	NUM
cblr-7807	195	32	to	to	PART
cblr-7807	195	33	acquire	acquire	VERB
cblr-7807	195	34	over	over	ADP
cblr-7807	195	35	50	50	NUM
cblr-7807	195	36	companies	company	NOUN
cblr-7807	195	37	,	,	PUNCT
cblr-7807	195	38	yahoo	yahoo	PROPN
cblr-7807	195	39	remained	remain	VERB
cblr-7807	195	40	moribund.49	moribund.49	ADV
cblr-7807	195	41	under	under	ADP
cblr-7807	195	42	pressure	pressure	NOUN
cblr-7807	195	43	from	from	ADP
cblr-7807	195	44	activist	activist	ADJ
cblr-7807	195	45	hedge	hedge	NOUN
cblr-7807	195	46	fund	fund	PROPN
cblr-7807	195	47	starboard	starboard	NOUN
cblr-7807	195	48	value	value	NOUN
cblr-7807	195	49	,	,	PUNCT
cblr-7807	195	50	the	the	DET
cblr-7807	195	51	yahoo	yahoo	PROPN
cblr-7807	195	52	board	board	NOUN
cblr-7807	195	53	abandoned	abandon	VERB
cblr-7807	195	54	mayer	mayer	PROPN
cblr-7807	195	55	’s	’s	PART
cblr-7807	195	56	plan	plan	NOUN
cblr-7807	195	57	,	,	PUNCT
cblr-7807	195	58	sold	sell	VERB
cblr-7807	195	59	yahoo	yahoo	PROPN
cblr-7807	195	60	’s	’s	PART
cblr-7807	195	61	core	core	NOUN
cblr-7807	195	62	business	business	NOUN
cblr-7807	195	63	to	to	ADP
cblr-7807	195	64	verizon	verizon	PROPN
cblr-7807	195	65	,	,	PUNCT
cblr-7807	195	66	and	and	CCONJ
cblr-7807	195	67	parted	part	VERB
cblr-7807	195	68	ways	way	NOUN
cblr-7807	195	69	with	with	ADP
cblr-7807	195	70	mayer.50	mayer.50	PROPN
cblr-7807	195	71	second	second	NOUN
cblr-7807	195	72	,	,	PUNCT
cblr-7807	195	73	barzuza	barzuza	NOUN
cblr-7807	195	74	and	and	CCONJ
cblr-7807	195	75	talley	talley	PROPN
cblr-7807	195	76	survey	survey	PROPN
cblr-7807	195	77	tim	tim	PROPN
cblr-7807	195	78	armstrong	armstrong	PROPN
cblr-7807	195	79	’s	’s	PART
cblr-7807	195	80	efforts	effort	NOUN
cblr-7807	195	81	to	to	PART
cblr-7807	195	82	revive	revive	VERB
cblr-7807	195	83	aol.51	aol.51	PROPN
cblr-7807	195	84	armstrong	armstrong	PROPN
cblr-7807	195	85	’s	’s	PART
cblr-7807	195	86	efforts	effort	NOUN
cblr-7807	195	87	focused	focus	VERB
cblr-7807	195	88	on	on	ADP
cblr-7807	195	89	a	a	DET
cblr-7807	195	90	news	news	NOUN
cblr-7807	195	91	platform	platform	NOUN
cblr-7807	195	92	called	call	VERB
cblr-7807	195	93	patch.52	patch.52	NOUN
cblr-7807	195	94	although	although	SCONJ
cblr-7807	195	95	armstrong	armstrong	PROPN
cblr-7807	195	96	managed	manage	VERB
cblr-7807	195	97	to	to	PART
cblr-7807	195	98	fend	fend	VERB
cblr-7807	195	99	off	off	ADP
cblr-7807	195	100	an	an	DET
cblr-7807	195	101	activist	activist	ADJ
cblr-7807	195	102	campaign	campaign	NOUN
cblr-7807	195	103	by	by	ADP
cblr-7807	195	104	starboard	starboard	NOUN
cblr-7807	195	105	,	,	PUNCT
cblr-7807	195	106	he	he	PRON
cblr-7807	195	107	did	do	VERB
cblr-7807	195	108	so	so	ADV
cblr-7807	195	109	mainly	mainly	ADV
cblr-7807	195	110	by	by	ADP
cblr-7807	195	111	promising	promise	VERB
cblr-7807	195	112	investors	investor	NOUN
cblr-7807	195	113	that	that	DET
cblr-7807	195	114	patch	patch	NOUN
cblr-7807	195	115	would	would	AUX
cblr-7807	195	116	be	be	AUX
cblr-7807	195	117	cut	cut	VERB
cblr-7807	195	118	loose	loose	ADJ
cblr-7807	195	119	if	if	SCONJ
cblr-7807	195	120	it	it	PRON
cblr-7807	195	121	remained	remain	VERB
cblr-7807	195	122	unprofitable.53	unprofitable.53	NOUN
cblr-7807	195	123	when	when	SCONJ
cblr-7807	195	124	patch	patch	NOUN
cblr-7807	195	125	remained	remain	VERB
cblr-7807	195	126	a	a	DET
cblr-7807	195	127	failure	failure	NOUN
cblr-7807	195	128	,	,	PUNCT
cblr-7807	195	129	armstrong	armstrong	PROPN
cblr-7807	195	130	was	be	AUX
cblr-7807	195	131	finally	finally	ADV
cblr-7807	195	132	compelled	compel	VERB
cblr-7807	195	133	to	to	PART
cblr-7807	195	134	relinquish	relinquish	VERB
cblr-7807	195	135	aol	aol	PROPN
cblr-7807	195	136	’s	’s	PART
cblr-7807	195	137	control	control	NOUN
cblr-7807	195	138	of	of	ADP
cblr-7807	195	139	patch.54	patch.54	NOUN
cblr-7807	195	140	finally	finally	ADV
cblr-7807	195	141	,	,	PUNCT
cblr-7807	195	142	barzuza	barzuza	NOUN
cblr-7807	195	143	and	and	CCONJ
cblr-7807	195	144	talley	talley	PROPN
cblr-7807	195	145	review	review	PROPN
cblr-7807	195	146	dan	dan	PROPN
cblr-7807	195	147	ustian	ustian	PROPN
cblr-7807	195	148	’s	’s	PART
cblr-7807	195	149	tenure	tenure	NOUN
cblr-7807	195	150	as	as	ADP
cblr-7807	195	151	ceo	ceo	NOUN
cblr-7807	195	152	of	of	ADP
cblr-7807	195	153	navistar.55	navistar.55	NOUN
cblr-7807	195	154	as	as	SCONJ
cblr-7807	195	155	they	they	PRON
cblr-7807	195	156	tell	tell	VERB
cblr-7807	195	157	the	the	DET
cblr-7807	195	158	story	story	NOUN
cblr-7807	195	159	,	,	PUNCT
cblr-7807	195	160	ustian	ustian	PROPN
cblr-7807	195	161	was	be	AUX
cblr-7807	195	162	strongly	strongly	ADV
cblr-7807	195	163	committed	commit	VERB
cblr-7807	195	164	“	"	PUNCT
cblr-7807	195	165	to	to	ADP
cblr-7807	195	166	innovation	innovation	NOUN
cblr-7807	195	167	and	and	CCONJ
cblr-7807	195	168	long	long	ADJ
cblr-7807	195	169	-	-	PUNCT
cblr-7807	195	170	term	term	NOUN
cblr-7807	195	171	growth	growth	NOUN
cblr-7807	195	172	.	.	PUNCT
cblr-7807	196	1	”56	”56	PUNCT
cblr-7807	196	2	as	as	ADP
cblr-7807	196	3	a	a	DET
cblr-7807	196	4	key	key	NOUN
cblr-7807	196	5	are	be	AUX
cblr-7807	196	6	overly	overly	ADV
cblr-7807	196	7	confident	confident	ADJ
cblr-7807	196	8	,	,	PUNCT
cblr-7807	196	9	however	however	ADV
cblr-7807	196	10	,	,	PUNCT
cblr-7807	196	11	they	they	PRON
cblr-7807	196	12	will	will	AUX
cblr-7807	196	13	overestimate	overestimate	VERB
cblr-7807	196	14	the	the	DET
cblr-7807	196	15	odds	odd	NOUN
cblr-7807	196	16	of	of	ADP
cblr-7807	196	17	success	success	NOUN
cblr-7807	196	18	and	and	CCONJ
cblr-7807	196	19	underestimate	underestimate	VERB
cblr-7807	196	20	the	the	DET
cblr-7807	196	21	odds	odd	NOUN
cblr-7807	196	22	of	of	ADP
cblr-7807	196	23	punishment	punishment	NOUN
cblr-7807	196	24	.	.	PUNCT
cblr-7807	197	1	see	see	VERB
cblr-7807	197	2	i	i	PRON
cblr-7807	197	3	d.	d.	PROPN
cblr-7807	197	4	(	(	PUNCT
cblr-7807	197	5	“	"	PUNCT
cblr-7807	197	6	if	if	SCONJ
cblr-7807	197	7	bank	bank	NOUN
cblr-7807	197	8	robbers	robber	NOUN
cblr-7807	197	9	believe	believe	VERB
cblr-7807	197	10	that	that	SCONJ
cblr-7807	197	11	they	they	PRON
cblr-7807	197	12	are	be	AUX
cblr-7807	197	13	less	less	ADV
cblr-7807	197	14	likely	likely	ADJ
cblr-7807	197	15	to	to	PART
cblr-7807	197	16	be	be	AUX
cblr-7807	197	17	apprehended	apprehend	VERB
cblr-7807	197	18	than	than	ADP
cblr-7807	197	19	their	their	PRON
cblr-7807	197	20	peers	peer	NOUN
cblr-7807	197	21	,	,	PUNCT
cblr-7807	197	22	if	if	SCONJ
cblr-7807	197	23	absentminded	absentminde	VERB
cblr-7807	197	24	drivers	driver	NOUN
cblr-7807	197	25	believe	believe	VERB
cblr-7807	197	26	they	they	PRON
cblr-7807	197	27	are	be	AUX
cblr-7807	197	28	less	less	ADV
cblr-7807	197	29	likely	likely	ADJ
cblr-7807	197	30	to	to	PART
cblr-7807	197	31	cause	cause	VERB
cblr-7807	197	32	an	an	DET
cblr-7807	197	33	accident	accident	NOUN
cblr-7807	197	34	than	than	ADP
cblr-7807	197	35	other	other	ADJ
cblr-7807	197	36	drivers	driver	NOUN
cblr-7807	197	37	,	,	PUNCT
cblr-7807	197	38	or	or	CCONJ
cblr-7807	197	39	if	if	SCONJ
cblr-7807	197	40	some	some	DET
cblr-7807	197	41	physicians	physician	NOUN
cblr-7807	197	42	believe	believe	VERB
cblr-7807	197	43	they	they	PRON
cblr-7807	197	44	are	be	AUX
cblr-7807	197	45	less	less	ADV
cblr-7807	197	46	likely	likely	ADJ
cblr-7807	197	47	to	to	PART
cblr-7807	197	48	be	be	AUX
cblr-7807	197	49	found	find	VERB
cblr-7807	197	50	liable	liable	ADJ
cblr-7807	197	51	for	for	ADP
cblr-7807	197	52	malpractice	malpractice	NOUN
cblr-7807	197	53	than	than	ADP
cblr-7807	197	54	other	other	ADJ
cblr-7807	197	55	physicians	physician	NOUN
cblr-7807	197	56	,	,	PUNCT
cblr-7807	197	57	penalties	penalty	NOUN
cblr-7807	197	58	for	for	ADP
cblr-7807	197	59	the	the	DET
cblr-7807	197	60	undesirable	undesirable	ADJ
cblr-7807	197	61	behavior	behavior	NOUN
cblr-7807	197	62	will	will	AUX
cblr-7807	197	63	have	have	VERB
cblr-7807	197	64	to	to	PART
cblr-7807	197	65	be	be	AUX
cblr-7807	197	66	higher	high	ADJ
cblr-7807	197	67	than	than	SCONJ
cblr-7807	197	68	policymakers	policymaker	NOUN
cblr-7807	197	69	would	would	AUX
cblr-7807	197	70	otherwise	otherwise	ADV
cblr-7807	197	71	think	think	VERB
cblr-7807	197	72	necessary	necessary	ADJ
cblr-7807	197	73	to	to	PART
cblr-7807	197	74	achieve	achieve	VERB
cblr-7807	197	75	the	the	DET
cblr-7807	197	76	desired	desire	VERB
cblr-7807	197	77	level	level	NOUN
cblr-7807	197	78	of	of	ADP
cblr-7807	197	79	deterrence	deterrence	NOUN
cblr-7807	197	80	.	.	PUNCT
cblr-7807	197	81	”	"	PUNCT
cblr-7807	197	82	)	)	PUNCT
cblr-7807	197	83	.	.	PUNCT
cblr-7807	198	1	48	48	NUM
cblr-7807	198	2	barzuza	barzuza	PROPN
cblr-7807	198	3	&	&	CCONJ
cblr-7807	198	4	talley	talley	PROPN
cblr-7807	198	5	,	,	PUNCT
cblr-7807	198	6	supra	supra	PROPN
cblr-7807	198	7	note	note	NOUN
cblr-7807	198	8	12	12	NUM
cblr-7807	198	9	,	,	PUNCT
cblr-7807	198	10	at	at	ADP
cblr-7807	198	11	156–62	156–62	NUM
cblr-7807	198	12	.	.	PROPN
cblr-7807	198	13	49	49	NUM
cblr-7807	198	14	see	see	VERB
cblr-7807	198	15	i	i	PRON
cblr-7807	198	16	d.	d.	PROPN
cblr-7807	198	17	at	at	ADP
cblr-7807	198	18	161	161	NUM
cblr-7807	198	19	(	(	PUNCT
cblr-7807	198	20	noting	note	VERB
cblr-7807	198	21	that	that	SCONJ
cblr-7807	198	22	“	"	PUNCT
cblr-7807	198	23	the	the	DET
cblr-7807	198	24	plan	plan	NOUN
cblr-7807	198	25	did	do	AUX
cblr-7807	198	26	not	not	PART
cblr-7807	198	27	produce	produce	VERB
cblr-7807	198	28	the	the	DET
cblr-7807	198	29	growth	growth	NOUN
cblr-7807	198	30	investors	investor	NOUN
cblr-7807	198	31	and	and	CCONJ
cblr-7807	198	32	management	management	NOUN
cblr-7807	198	33	hoped	hope	VERB
cblr-7807	198	34	for	for	ADP
cblr-7807	198	35	”	"	PUNCT
cblr-7807	198	36	)	)	PUNCT
cblr-7807	198	37	.	.	PUNCT
cblr-7807	199	1	50	50	NUM
cblr-7807	199	2	see	see	VERB
cblr-7807	199	3	i	i	PRON
cblr-7807	199	4	d.	d.	PROPN
cblr-7807	199	5	(	(	PUNCT
cblr-7807	199	6	summarizing	summarize	VERB
cblr-7807	199	7	the	the	DET
cblr-7807	199	8	yahoo	yahoo	PROPN
cblr-7807	199	9	board	board	PROPN
cblr-7807	199	10	’s	’s	PART
cblr-7807	199	11	response	response	NOUN
cblr-7807	199	12	to	to	ADP
cblr-7807	199	13	starboard	starboard	VERB
cblr-7807	199	14	’s	’s	PART
cblr-7807	199	15	intervention	intervention	NOUN
cblr-7807	199	16	)	)	PUNCT
cblr-7807	199	17	.	.	PUNCT
cblr-7807	200	1	51	51	NUM
cblr-7807	200	2	see	see	VERB
cblr-7807	200	3	i	i	PRON
cblr-7807	200	4	d.	d.	PROPN
cblr-7807	200	5	at	at	ADP
cblr-7807	200	6	162–66	162–66	NUM
cblr-7807	200	7	(	(	PUNCT
cblr-7807	200	8	describing	describe	VERB
cblr-7807	200	9	armstrong	armstrong	PROPN
cblr-7807	200	10	’s	’s	PART
cblr-7807	200	11	tenure	tenure	NOUN
cblr-7807	200	12	leading	lead	VERB
cblr-7807	200	13	aol	aol	PROPN
cblr-7807	200	14	)	)	PUNCT
cblr-7807	200	15	.	.	PUNCT
cblr-7807	201	1	52	52	NUM
cblr-7807	201	2	see	see	VERB
cblr-7807	201	3	i	i	PRON
cblr-7807	201	4	d.	d.	PROPN
cblr-7807	201	5	at	at	ADP
cblr-7807	201	6	163	163	NUM
cblr-7807	201	7	(	(	PUNCT
cblr-7807	201	8	“	"	PUNCT
cblr-7807	201	9	armstrong	armstrong	PROPN
cblr-7807	201	10	believed	believe	VERB
cblr-7807	201	11	he	he	PRON
cblr-7807	201	12	had	have	VERB
cblr-7807	201	13	a	a	DET
cblr-7807	201	14	winning	win	VERB
cblr-7807	201	15	card—–patch	card—–patch	NOUN
cblr-7807	201	16	,	,	PUNCT
cblr-7807	201	17	a	a	DET
cblr-7807	201	18	local	local	ADJ
cblr-7807	201	19	news	news	NOUN
cblr-7807	201	20	web	web	NOUN
cblr-7807	201	21	platform	platform	NOUN
cblr-7807	201	22	[	[	X
cblr-7807	201	23	.	.	X
cblr-7807	201	24	]	]	X
cblr-7807	201	25	”	"	PUNCT
cblr-7807	201	26	)	)	PUNCT
cblr-7807	201	27	.	.	PUNCT
cblr-7807	202	1	53	53	NUM
cblr-7807	202	2	i	i	PRON
cblr-7807	202	3	d.	d.	PROPN
cblr-7807	202	4	at	at	ADP
cblr-7807	202	5	163–64	163–64	PROPN
cblr-7807	202	6	.	.	PUNCT
cblr-7807	203	1	54	54	NUM
cblr-7807	204	1	i	i	PRON
cblr-7807	204	2	d.	d.	VERB
cblr-7807	204	3	at	at	ADP
cblr-7807	204	4	164–65	164–65	NUM
cblr-7807	204	5	.	.	PROPN
cblr-7807	205	1	55	55	NUM
cblr-7807	206	1	i	i	PRON
cblr-7807	206	2	d.	d.	NOUN
cblr-7807	206	3	at	at	ADP
cblr-7807	206	4	167–72	167–72	NUM
cblr-7807	206	5	.	.	PROPN
cblr-7807	207	1	56	56	NUM
cblr-7807	208	1	i	i	PRON
cblr-7807	208	2	d.	d.	PROPN
cblr-7807	208	3	at	at	ADP
cblr-7807	208	4	167	167	NUM
cblr-7807	208	5	.	.	PUNCT
cblr-7807	209	1	bainbridge	bainbridge	PROPN
cblr-7807	209	2	(	(	PUNCT
cblr-7807	209	3	comment	comment	NOUN
cblr-7807	209	4	)	)	PUNCT
cblr-7807	209	5	12/28/2020	12/28/2020	NUM
cblr-7807	209	6	3:25	3:25	NUM
cblr-7807	209	7	pm	pm	NOUN
cblr-7807	209	8	no	no	INTJ
cblr-7807	209	9	.	.	PUNCT
cblr-7807	210	1	3:801	3:801	NUM
cblr-7807	210	2	]	]	X
cblr-7807	210	3	long	long	ADJ
cblr-7807	210	4	-	-	PUNCT
cblr-7807	210	5	term	term	NOUN
cblr-7807	210	6	bias	bias	NOUN
cblr-7807	210	7	and	and	CCONJ
cblr-7807	210	8	director	director	NOUN
cblr-7807	210	9	primacy	primacy	NOUN
cblr-7807	210	10	815	815	NUM
cblr-7807	210	11	example	example	NOUN
cblr-7807	210	12	,	,	PUNCT
cblr-7807	210	13	they	they	PRON
cblr-7807	210	14	point	point	VERB
cblr-7807	210	15	to	to	ADP
cblr-7807	210	16	ustian	ustian	PROPN
cblr-7807	210	17	’s	’s	PART
cblr-7807	210	18	decision	decision	NOUN
cblr-7807	210	19	to	to	PART
cblr-7807	210	20	develop	develop	VERB
cblr-7807	210	21	a	a	DET
cblr-7807	210	22	new	new	ADJ
cblr-7807	210	23	technological	technological	ADJ
cblr-7807	210	24	solution	solution	NOUN
cblr-7807	210	25	for	for	ADP
cblr-7807	210	26	meeting	meet	VERB
cblr-7807	210	27	epa	epa	PROPN
cblr-7807	210	28	pollution	pollution	NOUN
cblr-7807	210	29	regulations	regulation	NOUN
cblr-7807	210	30	instead	instead	ADV
cblr-7807	210	31	of	of	ADP
cblr-7807	210	32	using	use	VERB
cblr-7807	210	33	the	the	DET
cblr-7807	210	34	existing	exist	VERB
cblr-7807	210	35	technology	technology	NOUN
cblr-7807	210	36	used	use	VERB
cblr-7807	210	37	by	by	ADP
cblr-7807	210	38	all	all	PRON
cblr-7807	210	39	of	of	ADP
cblr-7807	210	40	navistar	navistar	NOUN
cblr-7807	210	41	’s	’s	PART
cblr-7807	210	42	competitors.57	competitors.57	PROPN
cblr-7807	210	43	ultimately	ultimately	ADV
cblr-7807	210	44	,	,	PUNCT
cblr-7807	210	45	navistar	navistar	NOUN
cblr-7807	210	46	abandoned	abandon	VERB
cblr-7807	210	47	the	the	DET
cblr-7807	210	48	project	project	NOUN
cblr-7807	210	49	and	and	CCONJ
cblr-7807	210	50	resorted	resort	VERB
cblr-7807	210	51	to	to	ADP
cblr-7807	210	52	the	the	DET
cblr-7807	210	53	widely	widely	ADV
cblr-7807	210	54	used	use	VERB
cblr-7807	210	55	technology	technology	NOUN
cblr-7807	210	56	,	,	PUNCT
cblr-7807	210	57	having	having	AUX
cblr-7807	210	58	spent	spend	VERB
cblr-7807	210	59	ten	ten	NUM
cblr-7807	210	60	years	year	NOUN
cblr-7807	210	61	and	and	CCONJ
cblr-7807	210	62	$	$	SYM
cblr-7807	210	63	700	700	NUM
cblr-7807	210	64	million	million	NUM
cblr-7807	210	65	on	on	ADP
cblr-7807	210	66	the	the	DET
cblr-7807	210	67	failed	fail	VERB
cblr-7807	210	68	effort.58	effort.58	PROPN
cblr-7807	210	69	both	both	CCONJ
cblr-7807	210	70	before	before	ADP
cblr-7807	210	71	and	and	CCONJ
cblr-7807	210	72	after	after	ADP
cblr-7807	210	73	the	the	DET
cblr-7807	210	74	decision	decision	NOUN
cblr-7807	210	75	to	to	PART
cblr-7807	210	76	abandon	abandon	VERB
cblr-7807	210	77	the	the	DET
cblr-7807	210	78	project	project	NOUN
cblr-7807	210	79	,	,	PUNCT
cblr-7807	210	80	navistar	navistar	NOUN
cblr-7807	210	81	was	be	AUX
cblr-7807	210	82	subject	subject	ADJ
cblr-7807	210	83	to	to	ADP
cblr-7807	210	84	significant	significant	ADJ
cblr-7807	210	85	pressure	pressure	NOUN
cblr-7807	210	86	from	from	ADP
cblr-7807	210	87	hedge	hedge	NOUN
cblr-7807	210	88	fund	fund	NOUN
cblr-7807	210	89	activists	activist	NOUN
cblr-7807	210	90	,	,	PUNCT
cblr-7807	210	91	which	which	PRON
cblr-7807	210	92	culminated	culminate	VERB
cblr-7807	210	93	in	in	ADP
cblr-7807	210	94	ustian	ustian	ADJ
cblr-7807	210	95	being	be	AUX
cblr-7807	210	96	fired	fire	VERB
cblr-7807	210	97	and	and	CCONJ
cblr-7807	210	98	activist	activist	ADJ
cblr-7807	210	99	investors	investor	NOUN
cblr-7807	210	100	carl	carl	PROPN
cblr-7807	210	101	icahn	icahn	PROPN
cblr-7807	210	102	and	and	CCONJ
cblr-7807	210	103	mark	mark	PROPN
cblr-7807	210	104	rachesky	rachesky	PROPN
cblr-7807	210	105	each	each	PRON
cblr-7807	210	106	receiving	receive	VERB
cblr-7807	210	107	permission	permission	NOUN
cblr-7807	210	108	to	to	PART
cblr-7807	210	109	appoint	appoint	VERB
cblr-7807	210	110	two	two	NUM
cblr-7807	210	111	navistar	navistar	NOUN
cblr-7807	210	112	directors.59	directors.59	VERB
cblr-7807	210	113	as	as	ADP
cblr-7807	210	114	barzuza	barzuza	NOUN
cblr-7807	210	115	and	and	CCONJ
cblr-7807	210	116	talley	talley	NOUN
cblr-7807	210	117	summarize	summarize	VERB
cblr-7807	210	118	the	the	DET
cblr-7807	210	119	navistar	navistar	NOUN
cblr-7807	210	120	case	case	NOUN
cblr-7807	210	121	study	study	NOUN
cblr-7807	210	122	,	,	PUNCT
cblr-7807	210	123	“	"	PUNCT
cblr-7807	210	124	ustian	ustian	PROPN
cblr-7807	210	125	became	became	AUX
cblr-7807	210	126	increasingly	increasingly	ADV
cblr-7807	210	127	invested	invest	VERB
cblr-7807	210	128	in	in	ADP
cblr-7807	210	129	the	the	DET
cblr-7807	210	130	project	project	NOUN
cblr-7807	210	131	,	,	PUNCT
cblr-7807	210	132	so	so	ADV
cblr-7807	210	133	much	much	ADV
cblr-7807	210	134	so	so	SCONJ
cblr-7807	210	135	that	that	SCONJ
cblr-7807	210	136	he	he	PRON
cblr-7807	210	137	ignored	ignore	VERB
cblr-7807	210	138	mounting	mount	VERB
cblr-7807	210	139	data	datum	NOUN
cblr-7807	210	140	and	and	CCONJ
cblr-7807	210	141	engineers	engineer	NOUN
cblr-7807	210	142	’	’	PART
cblr-7807	210	143	concerns	concern	NOUN
cblr-7807	210	144	,	,	PUNCT
cblr-7807	210	145	and	and	CCONJ
cblr-7807	210	146	dismissed	dismiss	VERB
cblr-7807	210	147	the	the	DET
cblr-7807	210	148	anemic	anemic	ADJ
cblr-7807	210	149	market	market	NOUN
cblr-7807	210	150	value	value	NOUN
cblr-7807	210	151	that	that	PRON
cblr-7807	210	152	investors	investor	NOUN
cblr-7807	210	153	accorded	accord	VERB
cblr-7807	210	154	navistar	navistar	NOUN
cblr-7807	210	155	,	,	PUNCT
cblr-7807	210	156	which	which	PRON
cblr-7807	210	157	to	to	ADP
cblr-7807	210	158	him	he	PRON
cblr-7807	210	159	was	be	AUX
cblr-7807	210	160	simply	simply	ADV
cblr-7807	210	161	a	a	DET
cblr-7807	210	162	reflection	reflection	NOUN
cblr-7807	210	163	of	of	ADP
cblr-7807	210	164	shorttermism	shorttermism	NOUN
cblr-7807	210	165	.	.	PUNCT
cblr-7807	210	166	”60	”60	PROPN
cblr-7807	210	167	in	in	ADP
cblr-7807	210	168	barzuza	barzuza	NOUN
cblr-7807	210	169	and	and	CCONJ
cblr-7807	210	170	talley	talley	NOUN
cblr-7807	210	171	’s	’s	PART
cblr-7807	210	172	telling	telling	NOUN
cblr-7807	210	173	,	,	PUNCT
cblr-7807	210	174	each	each	PRON
cblr-7807	210	175	of	of	ADP
cblr-7807	210	176	these	these	DET
cblr-7807	210	177	case	case	NOUN
cblr-7807	210	178	studies	study	NOUN
cblr-7807	210	179	involves	involve	VERB
cblr-7807	210	180	an	an	DET
cblr-7807	210	181	over	over	ADV
cblr-7807	210	182	-	-	PUNCT
cblr-7807	210	183	optimistic	optimistic	ADJ
cblr-7807	210	184	ceo	ceo	NOUN
cblr-7807	210	185	who	who	PRON
cblr-7807	210	186	overestimated	overestimate	VERB
cblr-7807	210	187	the	the	DET
cblr-7807	210	188	likelihood	likelihood	NOUN
cblr-7807	210	189	of	of	ADP
cblr-7807	210	190	their	their	PRON
cblr-7807	210	191	chosen	choose	VERB
cblr-7807	210	192	long	long	ADJ
cblr-7807	210	193	-	-	PUNCT
cblr-7807	210	194	term	term	NOUN
cblr-7807	210	195	project	project	NOUN
cblr-7807	210	196	’s	’s	PART
cblr-7807	210	197	success.61	success.61	NOUN
cblr-7807	210	198	but	but	CCONJ
cblr-7807	210	199	how	how	SCONJ
cblr-7807	210	200	much	much	ADJ
cblr-7807	210	201	weight	weight	NOUN
cblr-7807	210	202	should	should	AUX
cblr-7807	210	203	we	we	PRON
cblr-7807	210	204	give	give	VERB
cblr-7807	210	205	three	three	NUM
cblr-7807	210	206	case	case	NOUN
cblr-7807	210	207	studies	study	NOUN
cblr-7807	210	208	,	,	PUNCT
cblr-7807	210	209	two	two	NUM
cblr-7807	210	210	drawn	draw	VERB
cblr-7807	210	211	from	from	ADP
cblr-7807	210	212	the	the	DET
cblr-7807	210	213	heart	heart	NOUN
cblr-7807	210	214	of	of	ADP
cblr-7807	210	215	the	the	DET
cblr-7807	210	216	technology	technology	NOUN
cblr-7807	210	217	sector	sector	NOUN
cblr-7807	210	218	and	and	CCONJ
cblr-7807	210	219	the	the	DET
cblr-7807	210	220	third	third	ADJ
cblr-7807	210	221	(	(	PUNCT
cblr-7807	210	222	navistar	navistar	NOUN
cblr-7807	210	223	)	)	PUNCT
cblr-7807	210	224	involving	involve	VERB
cblr-7807	210	225	a	a	DET
cblr-7807	210	226	company	company	NOUN
cblr-7807	210	227	that	that	PRON
cblr-7807	210	228	was	be	AUX
cblr-7807	210	229	run	run	VERB
cblr-7807	210	230	more	more	ADV
cblr-7807	210	231	like	like	ADP
cblr-7807	210	232	an	an	DET
cblr-7807	210	233	“	"	PUNCT
cblr-7807	210	234	internet	internet	NOUN
cblr-7807	210	235	incubator	incubator	NOUN
cblr-7807	210	236	”	"	PUNCT
cblr-7807	210	237	than	than	ADP
cblr-7807	210	238	“	"	PUNCT
cblr-7807	210	239	a	a	DET
cblr-7807	210	240	truck	truck	NOUN
cblr-7807	210	241	and	and	CCONJ
cblr-7807	210	242	engine	engine	NOUN
cblr-7807	210	243	company”?62	company”?62	NOUN
cblr-7807	210	244	three	three	NUM
cblr-7807	210	245	is	be	AUX
cblr-7807	210	246	a	a	DET
cblr-7807	210	247	pretty	pretty	ADV
cblr-7807	210	248	small	small	ADJ
cblr-7807	210	249	sample	sample	NOUN
cblr-7807	210	250	size	size	NOUN
cblr-7807	210	251	,	,	PUNCT
cblr-7807	210	252	especially	especially	ADV
cblr-7807	210	253	when	when	SCONJ
cblr-7807	210	254	all	all	PRON
cblr-7807	210	255	are	be	AUX
cblr-7807	210	256	drawn	draw	VERB
cblr-7807	210	257	from	from	ADP
cblr-7807	210	258	what	what	PRON
cblr-7807	210	259	amounts	amount	VERB
cblr-7807	210	260	to	to	ADP
cblr-7807	210	261	a	a	DET
cblr-7807	210	262	single	single	ADJ
cblr-7807	210	263	industry	industry	NOUN
cblr-7807	210	264	sector	sector	NOUN
cblr-7807	210	265	.	.	PUNCT
cblr-7807	211	1	the	the	DET
cblr-7807	211	2	problem	problem	NOUN
cblr-7807	211	3	is	be	AUX
cblr-7807	211	4	compounded	compound	VERB
cblr-7807	211	5	,	,	PUNCT
cblr-7807	211	6	because	because	SCONJ
cblr-7807	211	7	the	the	DET
cblr-7807	211	8	technology	technology	NOUN
cblr-7807	211	9	sector	sector	NOUN
cblr-7807	211	10	long	long	ADV
cblr-7807	211	11	has	have	AUX
cblr-7807	211	12	been	be	AUX
cblr-7807	211	13	notoriously	notoriously	ADV
cblr-7807	211	14	overoptimistic	overoptimistic	ADJ
cblr-7807	211	15	compared	compare	VERB
cblr-7807	211	16	to	to	ADP
cblr-7807	211	17	more	more	ADV
cblr-7807	211	18	prosaic	prosaic	ADJ
cblr-7807	211	19	sectors.63	sectors.63	NOUN
cblr-7807	211	20	57	57	NUM
cblr-7807	211	21	see	see	VERB
cblr-7807	211	22	i	i	PRON
cblr-7807	211	23	d.	d.	PROPN
cblr-7807	211	24	at	at	ADP
cblr-7807	211	25	167–68	167–68	PROPN
cblr-7807	211	26	(	(	PUNCT
cblr-7807	211	27	describing	describe	VERB
cblr-7807	211	28	the	the	DET
cblr-7807	211	29	decision	decision	NOUN
cblr-7807	211	30	)	)	PUNCT
cblr-7807	211	31	.	.	PUNCT
cblr-7807	212	1	58	58	NUM
cblr-7807	213	1	i	i	PRON
cblr-7807	213	2	d.	d.	VERB
cblr-7807	213	3	at	at	ADP
cblr-7807	213	4	171	171	NUM
cblr-7807	213	5	.	.	PUNCT
cblr-7807	214	1	59	59	NUM
cblr-7807	214	2	see	see	VERB
cblr-7807	214	3	i	i	PRON
cblr-7807	214	4	d.	d.	PROPN
cblr-7807	214	5	at	at	ADP
cblr-7807	214	6	171–72	171–72	NUM
cblr-7807	214	7	.	.	PUNCT
cblr-7807	215	1	60	60	NUM
cblr-7807	216	1	i	i	PRON
cblr-7807	216	2	d.	d.	PROPN
cblr-7807	216	3	at	at	ADP
cblr-7807	216	4	172	172	NUM
cblr-7807	216	5	.	.	PROPN
cblr-7807	216	6	61	61	NUM
cblr-7807	217	1	i	i	PRON
cblr-7807	217	2	d.	d.	PROPN
cblr-7807	217	3	at	at	ADP
cblr-7807	217	4	113	113	NUM
cblr-7807	217	5	.	.	PUNCT
cblr-7807	218	1	62	62	NUM
cblr-7807	219	1	i	i	PRON
cblr-7807	219	2	d.	d.	PROPN
cblr-7807	219	3	at	at	ADP
cblr-7807	219	4	167	167	NUM
cblr-7807	219	5	.	.	PUNCT
cblr-7807	220	1	63	63	NUM
cblr-7807	220	2	see	see	VERB
cblr-7807	220	3	,	,	PUNCT
cblr-7807	220	4	e.g.	e.g.	ADV
cblr-7807	220	5	,	,	PUNCT
cblr-7807	220	6	mark	mark	PROPN
cblr-7807	220	7	simon	simon	PROPN
cblr-7807	220	8	&	&	CCONJ
cblr-7807	220	9	susan	susan	PROPN
cblr-7807	220	10	m.	m.	PROPN
cblr-7807	220	11	houghton	houghton	PROPN
cblr-7807	220	12	,	,	PUNCT
cblr-7807	220	13	the	the	DET
cblr-7807	220	14	relationship	relationship	NOUN
cblr-7807	220	15	between	between	ADP
cblr-7807	220	16	overconfidence	overconfidence	NOUN
cblr-7807	220	17	and	and	CCONJ
cblr-7807	220	18	the	the	DET
cblr-7807	220	19	introduction	introduction	NOUN
cblr-7807	220	20	of	of	ADP
cblr-7807	220	21	risky	risky	ADJ
cblr-7807	220	22	products	product	NOUN
cblr-7807	220	23	:	:	PUNCT
cblr-7807	220	24	evidence	evidence	NOUN
cblr-7807	220	25	from	from	ADP
cblr-7807	220	26	a	a	DET
cblr-7807	220	27	field	field	NOUN
cblr-7807	220	28	study	study	NOUN
cblr-7807	220	29	,	,	PUNCT
cblr-7807	220	30	46	46	NUM
cblr-7807	220	31	acad	acad	NOUN
cblr-7807	220	32	.	.	PUNCT
cblr-7807	221	1	mgmt	mgmt	PROPN
cblr-7807	221	2	.	.	PUNCT
cblr-7807	222	1	j.	j.	PROPN
cblr-7807	222	2	139	139	PROPN
cblr-7807	222	3	,	,	PUNCT
cblr-7807	222	4	140	140	NUM
cblr-7807	222	5	(	(	PUNCT
cblr-7807	222	6	2003	2003	NUM
cblr-7807	222	7	)	)	PUNCT
cblr-7807	222	8	(	(	PUNCT
cblr-7807	222	9	linking	link	VERB
cblr-7807	222	10	pioneering	pioneer	VERB
cblr-7807	222	11	behavior	behavior	NOUN
cblr-7807	222	12	and	and	CCONJ
cblr-7807	222	13	managerial	managerial	ADJ
cblr-7807	222	14	overconfidence	overconfidence	NOUN
cblr-7807	222	15	)	)	PUNCT
cblr-7807	222	16	;	;	PUNCT
cblr-7807	222	17	donald	donald	PROPN
cblr-7807	222	18	c.	c.	PROPN
cblr-7807	222	19	langevoort	langevoort	PROPN
cblr-7807	222	20	,	,	PUNCT
cblr-7807	222	21	taking	take	VERB
cblr-7807	222	22	bainbridge	bainbridge	NOUN
cblr-7807	222	23	(	(	PUNCT
cblr-7807	222	24	comment	comment	NOUN
cblr-7807	222	25	)	)	PUNCT
cblr-7807	222	26	12/28/2020	12/28/2020	NUM
cblr-7807	222	27	3:25	3:25	NUM
cblr-7807	222	28	pm	pm	NOUN
cblr-7807	222	29	816	816	NUM
cblr-7807	222	30	columbia	columbia	PROPN
cblr-7807	222	31	business	business	NOUN
cblr-7807	222	32	law	law	PROPN
cblr-7807	222	33	review	review	NOUN
cblr-7807	223	1	[	[	X
cblr-7807	223	2	vol	vol	NOUN
cblr-7807	223	3	.	.	PUNCT
cblr-7807	223	4	2020	2020	NUM
cblr-7807	223	5	the	the	DET
cblr-7807	223	6	utility	utility	NOUN
cblr-7807	223	7	of	of	ADP
cblr-7807	223	8	the	the	DET
cblr-7807	223	9	case	case	NOUN
cblr-7807	223	10	studies	study	NOUN
cblr-7807	223	11	is	be	AUX
cblr-7807	223	12	open	open	ADJ
cblr-7807	223	13	to	to	PART
cblr-7807	223	14	further	far	ADV
cblr-7807	223	15	doubt	doubt	ADV
cblr-7807	223	16	,	,	PUNCT
cblr-7807	223	17	because	because	SCONJ
cblr-7807	223	18	they	they	PRON
cblr-7807	223	19	involve	involve	VERB
cblr-7807	223	20	unusual	unusual	ADJ
cblr-7807	223	21	hedge	hedge	NOUN
cblr-7807	223	22	fund	fund	NOUN
cblr-7807	223	23	conduct	conduct	NOUN
cblr-7807	223	24	.	.	PUNCT
cblr-7807	224	1	the	the	DET
cblr-7807	224	2	bulk	bulk	NOUN
cblr-7807	224	3	of	of	ADP
cblr-7807	224	4	shareholder	shareholder	NOUN
cblr-7807	224	5	activism	activism	NOUN
cblr-7807	224	6	involves	involve	VERB
cblr-7807	224	7	intervening	intervene	VERB
cblr-7807	224	8	in	in	ADP
cblr-7807	224	9	takeover	takeover	NOUN
cblr-7807	224	10	contests	contest	NOUN
cblr-7807	224	11	,	,	PUNCT
cblr-7807	224	12	not	not	PART
cblr-7807	224	13	intervening	intervene	VERB
cblr-7807	224	14	when	when	SCONJ
cblr-7807	224	15	management	management	NOUN
cblr-7807	224	16	overinvests	overinvest	NOUN
cblr-7807	224	17	in	in	ADP
cblr-7807	224	18	projects.64	projects.64	PROPN
cblr-7807	224	19	per	per	ADP
cblr-7807	224	20	a	a	DET
cblr-7807	224	21	recent	recent	ADJ
cblr-7807	224	22	report	report	NOUN
cblr-7807	224	23	,	,	PUNCT
cblr-7807	224	24	“	"	PUNCT
cblr-7807	224	25	[	[	X
cblr-7807	224	26	o]ther	o]ther	PROPN
cblr-7807	224	27	ways	way	NOUN
cblr-7807	224	28	to	to	PART
cblr-7807	224	29	increase	increase	VERB
cblr-7807	224	30	a	a	DET
cblr-7807	224	31	target	target	NOUN
cblr-7807	224	32	’s	’s	PART
cblr-7807	224	33	share	share	NOUN
cblr-7807	224	34	price	price	NOUN
cblr-7807	224	35	,	,	PUNCT
cblr-7807	224	36	such	such	ADJ
cblr-7807	224	37	as	as	ADP
cblr-7807	224	38	criticizing	criticize	VERB
cblr-7807	224	39	everyday	everyday	ADJ
cblr-7807	224	40	performance	performance	NOUN
cblr-7807	224	41	or	or	CCONJ
cblr-7807	224	42	high	high	ADJ
cblr-7807	224	43	costs	cost	NOUN
cblr-7807	224	44	,	,	PUNCT
cblr-7807	224	45	declined	decline	VERB
cblr-7807	224	46	in	in	ADP
cblr-7807	224	47	popularity	popularity	NOUN
cblr-7807	224	48	compared	compare	VERB
cblr-7807	224	49	with	with	ADP
cblr-7807	224	50	previous	previous	ADJ
cblr-7807	224	51	years	year	NOUN
cblr-7807	224	52	.	.	PUNCT
cblr-7807	225	1	with	with	ADP
cblr-7807	225	2	corporate	corporate	ADJ
cblr-7807	225	3	debt	debt	NOUN
cblr-7807	225	4	high	high	ADJ
cblr-7807	225	5	,	,	PUNCT
cblr-7807	225	6	there	there	PRON
cblr-7807	225	7	also	also	ADV
cblr-7807	225	8	are	be	AUX
cblr-7807	225	9	fewer	few	ADJ
cblr-7807	225	10	gains	gain	NOUN
cblr-7807	225	11	to	to	PART
cblr-7807	225	12	be	be	AUX
cblr-7807	225	13	made	make	VERB
cblr-7807	225	14	by	by	ADP
cblr-7807	225	15	pushing	push	VERB
cblr-7807	225	16	companies	company	NOUN
cblr-7807	225	17	to	to	PART
cblr-7807	225	18	borrow	borrow	VERB
cblr-7807	225	19	to	to	PART
cblr-7807	225	20	fund	fund	VERB
cblr-7807	225	21	share	share	NOUN
cblr-7807	225	22	buybacks	buyback	NOUN
cblr-7807	225	23	or	or	CCONJ
cblr-7807	225	24	dividends	dividend	NOUN
cblr-7807	225	25	.	.	PUNCT
cblr-7807	226	1	”65	”65	NOUN
cblr-7807	226	2	yet	yet	ADV
cblr-7807	226	3	,	,	PUNCT
cblr-7807	226	4	those	those	PRON
cblr-7807	226	5	are	be	AUX
cblr-7807	226	6	precisely	precisely	ADV
cblr-7807	226	7	the	the	DET
cblr-7807	226	8	tactics	tactic	NOUN
cblr-7807	226	9	the	the	DET
cblr-7807	226	10	case	case	NOUN
cblr-7807	226	11	studies	study	NOUN
cblr-7807	226	12	involve	involve	VERB
cblr-7807	226	13	,	,	PUNCT
cblr-7807	226	14	so	so	SCONJ
cblr-7807	226	15	one	one	PRON
cblr-7807	226	16	can	can	AUX
cblr-7807	226	17	not	not	PART
cblr-7807	226	18	generalize	generalize	VERB
cblr-7807	226	19	from	from	ADP
cblr-7807	226	20	three	three	NUM
cblr-7807	226	21	case	case	NOUN
cblr-7807	226	22	studies	study	NOUN
cblr-7807	226	23	—	—	PUNCT
cblr-7807	226	24	in	in	ADP
cblr-7807	226	25	which	which	PRON
cblr-7807	226	26	hedge	hedge	NOUN
cblr-7807	226	27	funds	fund	NOUN
cblr-7807	226	28	behaved	behave	VERB
cblr-7807	226	29	abnormally	abnormally	ADV
cblr-7807	226	30	—	—	PUNCT
cblr-7807	226	31	to	to	ADP
cblr-7807	226	32	the	the	DET
cblr-7807	226	33	much	much	ADV
cblr-7807	226	34	larger	large	ADJ
cblr-7807	226	35	number	number	NOUN
cblr-7807	226	36	of	of	ADP
cblr-7807	226	37	cases	case	NOUN
cblr-7807	226	38	in	in	ADP
cblr-7807	226	39	which	which	PRON
cblr-7807	226	40	we	we	PRON
cblr-7807	226	41	can	can	AUX
cblr-7807	226	42	expect	expect	VERB
cblr-7807	226	43	hedge	hedge	NOUN
cblr-7807	226	44	funds	fund	NOUN
cblr-7807	226	45	to	to	PART
cblr-7807	226	46	behave	behave	VERB
cblr-7807	226	47	normally	normally	ADV
cblr-7807	226	48	.	.	PUNCT
cblr-7807	227	1	the	the	DET
cblr-7807	227	2	case	case	NOUN
cblr-7807	227	3	studies	study	NOUN
cblr-7807	227	4	thus	thus	ADV
cblr-7807	227	5	do	do	AUX
cblr-7807	227	6	not	not	PART
cblr-7807	227	7	tell	tell	VERB
cblr-7807	227	8	us	we	PRON
cblr-7807	227	9	very	very	ADV
cblr-7807	227	10	much	much	ADV
cblr-7807	227	11	about	about	ADP
cblr-7807	227	12	barzuza	barzuza	NOUN
cblr-7807	227	13	and	and	CCONJ
cblr-7807	227	14	talley	talley	NOUN
cblr-7807	227	15	’s	’s	PART
cblr-7807	227	16	proposed	propose	VERB
cblr-7807	227	17	interventions	intervention	NOUN
cblr-7807	227	18	,	,	PUNCT
cblr-7807	227	19	especially	especially	ADV
cblr-7807	227	20	those	those	PRON
cblr-7807	227	21	that	that	PRON
cblr-7807	227	22	are	be	AUX
cblr-7807	227	23	intended	intend	VERB
cblr-7807	227	24	to	to	PART
cblr-7807	227	25	encourage	encourage	VERB
cblr-7807	227	26	shareholder	shareholder	NOUN
cblr-7807	227	27	activism	activism	NOUN
cblr-7807	227	28	.	.	PUNCT
cblr-7807	228	1	perhaps	perhaps	ADV
cblr-7807	228	2	the	the	DET
cblr-7807	228	3	analysis	analysis	NOUN
cblr-7807	228	4	would	would	AUX
cblr-7807	228	5	be	be	AUX
cblr-7807	228	6	different	different	ADJ
cblr-7807	228	7	if	if	SCONJ
cblr-7807	228	8	these	these	DET
cblr-7807	228	9	interventions	intervention	NOUN
cblr-7807	228	10	resulted	result	VERB
cblr-7807	228	11	in	in	ADP
cblr-7807	228	12	a	a	DET
cblr-7807	228	13	change	change	NOUN
cblr-7807	228	14	in	in	ADP
cblr-7807	228	15	hedge	hedge	NOUN
cblr-7807	228	16	fund	fund	NOUN
cblr-7807	228	17	practices	practice	NOUN
cblr-7807	228	18	,	,	PUNCT
cblr-7807	228	19	but	but	CCONJ
cblr-7807	228	20	they	they	PRON
cblr-7807	228	21	do	do	AUX
cblr-7807	228	22	not	not	PART
cblr-7807	228	23	appear	appear	VERB
cblr-7807	228	24	to	to	PART
cblr-7807	228	25	target	target	VERB
cblr-7807	228	26	this	this	DET
cblr-7807	228	27	result	result	NOUN
cblr-7807	228	28	.	.	PUNCT
cblr-7807	229	1	on	on	ADP
cblr-7807	229	2	close	close	ADJ
cblr-7807	229	3	examination	examination	NOUN
cblr-7807	229	4	,	,	PUNCT
cblr-7807	229	5	moreover	moreover	ADV
cblr-7807	229	6	,	,	PUNCT
cblr-7807	229	7	one	one	PRON
cblr-7807	229	8	can	can	AUX
cblr-7807	229	9	spin	spin	VERB
cblr-7807	229	10	alternative	alternative	ADJ
cblr-7807	229	11	stories	story	NOUN
cblr-7807	229	12	about	about	ADP
cblr-7807	229	13	each	each	PRON
cblr-7807	229	14	of	of	ADP
cblr-7807	229	15	the	the	DET
cblr-7807	229	16	case	case	NOUN
cblr-7807	229	17	studies	study	NOUN
cblr-7807	229	18	.	.	PUNCT
cblr-7807	230	1	at	at	ADP
cblr-7807	230	2	yahoo	yahoo	PROPN
cblr-7807	230	3	,	,	PUNCT
cblr-7807	230	4	for	for	ADP
cblr-7807	230	5	example	example	NOUN
cblr-7807	230	6	,	,	PUNCT
cblr-7807	230	7	barzuza	barzuza	NOUN
cblr-7807	230	8	and	and	CCONJ
cblr-7807	230	9	talley	talley	NOUN
cblr-7807	230	10	claim	claim	VERB
cblr-7807	230	11	that	that	SCONJ
cblr-7807	230	12	the	the	DET
cblr-7807	230	13	problem	problem	NOUN
cblr-7807	230	14	was	be	AUX
cblr-7807	230	15	that	that	SCONJ
cblr-7807	230	16	mayer	mayer	PROPN
cblr-7807	230	17	was	be	AUX
cblr-7807	230	18	too	too	ADV
cblr-7807	230	19	wedded	wed	VERB
cblr-7807	230	20	to	to	ADP
cblr-7807	230	21	her	her	PRON
cblr-7807	230	22	plans	plan	NOUN
cblr-7807	230	23	and	and	CCONJ
cblr-7807	230	24	that	that	SCONJ
cblr-7807	230	25	an	an	DET
cblr-7807	230	26	intervention	intervention	NOUN
cblr-7807	230	27	was	be	AUX
cblr-7807	230	28	necessary	necessary	ADJ
cblr-7807	230	29	to	to	PART
cblr-7807	230	30	prevent	prevent	VERB
cblr-7807	230	31	the	the	DET
cblr-7807	230	32	money	money	NOUN
cblr-7807	230	33	-	-	PUNCT
cblr-7807	230	34	losing	lose	VERB
cblr-7807	230	35	plan	plan	NOUN
cblr-7807	230	36	from	from	ADP
cblr-7807	230	37	continuing.66	continuing.66	NOUN
cblr-7807	230	38	but	but	CCONJ
cblr-7807	230	39	barzuza	barzuza	NOUN
cblr-7807	230	40	and	and	CCONJ
cblr-7807	230	41	talley	talley	NOUN
cblr-7807	230	42	themselves	themselves	PRON
cblr-7807	230	43	admit	admit	VERB
cblr-7807	230	44	that	that	SCONJ
cblr-7807	230	45	other	other	ADJ
cblr-7807	230	46	myths	myth	NOUN
cblr-7807	230	47	seriously	seriously	ADV
cblr-7807	230	48	:	:	PUNCT
cblr-7807	230	49	an	an	DET
cblr-7807	230	50	essay	essay	NOUN
cblr-7807	230	51	for	for	ADP
cblr-7807	230	52	lawyers	lawyer	NOUN
cblr-7807	230	53	,	,	PUNCT
cblr-7807	230	54	74	74	NUM
cblr-7807	230	55	chi	chi	ADJ
cblr-7807	230	56	-	-	PUNCT
cblr-7807	230	57	kent	kent	PROPN
cblr-7807	230	58	l.	l.	PROPN
cblr-7807	230	59	rev	rev	PROPN
cblr-7807	230	60	.	.	PROPN
cblr-7807	230	61	1569	1569	NUM
cblr-7807	230	62	,	,	PUNCT
cblr-7807	230	63	1584	1584	NUM
cblr-7807	230	64	(	(	PUNCT
cblr-7807	230	65	2000	2000	NUM
cblr-7807	230	66	)	)	PUNCT
cblr-7807	230	67	(	(	PUNCT
cblr-7807	230	68	observing	observe	VERB
cblr-7807	230	69	that	that	PRON
cblr-7807	230	70	tech	tech	NOUN
cblr-7807	230	71	“	"	PUNCT
cblr-7807	230	72	start	start	VERB
cblr-7807	230	73	-	-	PUNCT
cblr-7807	230	74	up	up	ADP
cblr-7807	230	75	entrepreneurs	entrepreneur	NOUN
cblr-7807	230	76	are	be	AUX
cblr-7807	230	77	a	a	DET
cblr-7807	230	78	well	well	ADV
cblr-7807	230	79	-	-	PUNCT
cblr-7807	230	80	studied	study	VERB
cblr-7807	230	81	breed	breed	NOUN
cblr-7807	230	82	,	,	PUNCT
cblr-7807	230	83	prone	prone	ADJ
cblr-7807	230	84	toward	toward	ADP
cblr-7807	230	85	greater	great	ADJ
cblr-7807	230	86	over	over	ADP
cblr-7807	230	87	-	-	PUNCT
cblr-7807	230	88	optimism	optimism	NOUN
cblr-7807	230	89	and	and	CCONJ
cblr-7807	230	90	illusions	illusion	NOUN
cblr-7807	230	91	of	of	ADP
cblr-7807	230	92	control	control	NOUN
cblr-7807	230	93	than	than	ADP
cblr-7807	230	94	the	the	DET
cblr-7807	230	95	general	general	ADJ
cblr-7807	230	96	population	population	NOUN
cblr-7807	230	97	”	"	PUNCT
cblr-7807	230	98	)	)	PUNCT
cblr-7807	230	99	.	.	PUNCT
cblr-7807	231	1	cf	cf	NOUN
cblr-7807	231	2	.	.	PUNCT
cblr-7807	232	1	also	also	ADV
cblr-7807	232	2	victor	victor	PROPN
cblr-7807	232	3	fleischer	fleischer	PROPN
cblr-7807	232	4	,	,	PUNCT
cblr-7807	232	5	the	the	DET
cblr-7807	232	6	rational	rational	ADJ
cblr-7807	232	7	exuberance	exuberance	NOUN
cblr-7807	232	8	of	of	ADP
cblr-7807	232	9	structuring	structure	VERB
cblr-7807	232	10	venture	venture	NOUN
cblr-7807	232	11	capital	capital	NOUN
cblr-7807	232	12	start	start	NOUN
cblr-7807	232	13	-	-	PUNCT
cblr-7807	232	14	ups	up	NOUN
cblr-7807	232	15	,	,	PUNCT
cblr-7807	232	16	57	57	NUM
cblr-7807	232	17	tax	tax	NOUN
cblr-7807	232	18	l.	l.	PROPN
cblr-7807	232	19	rev	rev	PROPN
cblr-7807	232	20	.	.	PROPN
cblr-7807	232	21	137	137	NUM
cblr-7807	232	22	,	,	PUNCT
cblr-7807	232	23	141	141	NUM
cblr-7807	232	24	(	(	PUNCT
cblr-7807	232	25	2003	2003	NUM
cblr-7807	232	26	)	)	PUNCT
cblr-7807	232	27	(	(	PUNCT
cblr-7807	232	28	referring	refer	VERB
cblr-7807	232	29	to	to	ADP
cblr-7807	232	30	“	"	PUNCT
cblr-7807	232	31	the	the	DET
cblr-7807	232	32	stereotypical	stereotypical	ADJ
cblr-7807	232	33	silicon	silicon	PROPN
cblr-7807	232	34	valley	valley	PROPN
cblr-7807	232	35	venture	venture	PROPN
cblr-7807	232	36	capitalist	capitalist	NOUN
cblr-7807	232	37	afflicted	afflict	VERB
cblr-7807	232	38	with	with	ADP
cblr-7807	232	39	rose	rose	NOUN
cblr-7807	232	40	-	-	PUNCT
cblr-7807	232	41	tinted	tint	VERB
cblr-7807	232	42	vision	vision	NOUN
cblr-7807	232	43	”	"	PUNCT
cblr-7807	232	44	although	although	SCONJ
cblr-7807	232	45	only	only	ADV
cblr-7807	232	46	partially	partially	ADV
cblr-7807	232	47	endorsing	endorse	VERB
cblr-7807	232	48	the	the	DET
cblr-7807	232	49	stereotype	stereotype	NOUN
cblr-7807	232	50	)	)	PUNCT
cblr-7807	232	51	;	;	PUNCT
cblr-7807	232	52	alan	alan	PROPN
cblr-7807	232	53	murray	murray	PROPN
cblr-7807	232	54	,	,	PUNCT
cblr-7807	232	55	antitrust	antitrust	ADJ
cblr-7807	232	56	is	be	AUX
cblr-7807	232	57	n’t	not	PART
cblr-7807	232	58	obsolete	obsolete	ADJ
cblr-7807	232	59	in	in	ADP
cblr-7807	232	60	an	an	DET
cblr-7807	232	61	era	era	NOUN
cblr-7807	232	62	of	of	ADP
cblr-7807	232	63	high	high	ADJ
cblr-7807	232	64	tech	tech	NOUN
cblr-7807	232	65	,	,	PUNCT
cblr-7807	232	66	wall	wall	PROPN
cblr-7807	232	67	st	st	PROPN
cblr-7807	232	68	.	.	PROPN
cblr-7807	232	69	j.	j.	PROPN
cblr-7807	232	70	,	,	PUNCT
cblr-7807	232	71	nov	nov	PROPN
cblr-7807	232	72	.	.	PROPN
cblr-7807	232	73	10	10	NUM
cblr-7807	232	74	,	,	PUNCT
cblr-7807	232	75	1997	1997	NUM
cblr-7807	232	76	,	,	PUNCT
cblr-7807	232	77	at	at	ADP
cblr-7807	232	78	a1	a1	NOUN
cblr-7807	232	79	(	(	PUNCT
cblr-7807	232	80	incidentally	incidentally	ADV
cblr-7807	232	81	noting	note	VERB
cblr-7807	232	82	the	the	DET
cblr-7807	232	83	existence	existence	NOUN
cblr-7807	232	84	of	of	ADP
cblr-7807	232	85	“	"	PUNCT
cblr-7807	232	86	technooptimists	technooptimist	NOUN
cblr-7807	232	87	”	"	PUNCT
cblr-7807	232	88	)	)	PUNCT
cblr-7807	232	89	.	.	PUNCT
cblr-7807	233	1	64	64	NUM
cblr-7807	233	2	carol	carol	PROPN
cblr-7807	233	3	ryan	ryan	PROPN
cblr-7807	233	4	,	,	PUNCT
cblr-7807	233	5	activist	activist	ADJ
cblr-7807	233	6	investors	investor	NOUN
cblr-7807	233	7	and	and	CCONJ
cblr-7807	233	8	the	the	DET
cblr-7807	233	9	art	art	NOUN
cblr-7807	233	10	of	of	ADP
cblr-7807	233	11	the	the	DET
cblr-7807	233	12	deal	deal	NOUN
cblr-7807	233	13	,	,	PUNCT
cblr-7807	233	14	wall	wall	PROPN
cblr-7807	233	15	st	st	PROPN
cblr-7807	233	16	.	.	PROPN
cblr-7807	233	17	j.	j.	PROPN
cblr-7807	233	18	(	(	PUNCT
cblr-7807	233	19	jan	jan	PROPN
cblr-7807	233	20	.	.	PROPN
cblr-7807	233	21	23	23	NUM
cblr-7807	233	22	,	,	PUNCT
cblr-7807	233	23	2020	2020	NUM
cblr-7807	233	24	)	)	PUNCT
cblr-7807	233	25	,	,	PUNCT
cblr-7807	233	26	https://www.wsj.com/articles/activist-investors-and-the-artof-the-deal-11579691335	https://www.wsj.com/articles/activist-investors-and-the-artof-the-deal-11579691335	PROPN
cblr-7807	233	27	(	(	PUNCT
cblr-7807	233	28	on	on	ADP
cblr-7807	233	29	file	file	NOUN
cblr-7807	233	30	with	with	ADP
cblr-7807	233	31	the	the	DET
cblr-7807	233	32	columbia	columbia	PROPN
cblr-7807	233	33	business	business	PROPN
cblr-7807	233	34	law	law	PROPN
cblr-7807	233	35	review	review	PROPN
cblr-7807	233	36	)	)	PUNCT
cblr-7807	233	37	.	.	PUNCT
cblr-7807	234	1	65	65	NUM
cblr-7807	235	1	i	i	PRON
cblr-7807	235	2	d.	d.	PROPN
cblr-7807	235	3	66	66	NUM
cblr-7807	235	4	see	see	VERB
cblr-7807	235	5	barzuza	barzuza	NOUN
cblr-7807	235	6	&	&	CCONJ
cblr-7807	235	7	talley	talley	PROPN
cblr-7807	235	8	,	,	PUNCT
cblr-7807	235	9	supra	supra	PROPN
cblr-7807	235	10	note	note	NOUN
cblr-7807	235	11	12	12	NUM
cblr-7807	235	12	,	,	PUNCT
cblr-7807	235	13	at	at	ADP
cblr-7807	235	14	161–62	161–62	NUM
cblr-7807	235	15	.	.	PUNCT
cblr-7807	236	1	bainbridge	bainbridge	PROPN
cblr-7807	236	2	(	(	PUNCT
cblr-7807	236	3	comment	comment	NOUN
cblr-7807	236	4	)	)	PUNCT
cblr-7807	236	5	12/28/2020	12/28/2020	NUM
cblr-7807	236	6	3:25	3:25	NUM
cblr-7807	236	7	pm	pm	NOUN
cblr-7807	236	8	no	no	INTJ
cblr-7807	236	9	.	.	PUNCT
cblr-7807	237	1	3:801	3:801	NUM
cblr-7807	237	2	]	]	X
cblr-7807	237	3	long	long	ADJ
cblr-7807	237	4	-	-	PUNCT
cblr-7807	237	5	term	term	NOUN
cblr-7807	237	6	bias	bias	NOUN
cblr-7807	237	7	and	and	CCONJ
cblr-7807	237	8	director	director	NOUN
cblr-7807	237	9	primacy	primacy	NOUN
cblr-7807	237	10	817	817	NUM
cblr-7807	237	11	commentators	commentator	NOUN
cblr-7807	237	12	have	have	AUX
cblr-7807	237	13	characterized	characterize	VERB
cblr-7807	237	14	what	what	PRON
cblr-7807	237	15	happened	happen	VERB
cblr-7807	237	16	at	at	ADP
cblr-7807	237	17	yahoo	yahoo	PROPN
cblr-7807	237	18	—	—	PUNCT
cblr-7807	237	19	and	and	CCONJ
cblr-7807	237	20	in	in	ADP
cblr-7807	237	21	their	their	PRON
cblr-7807	237	22	other	other	ADJ
cblr-7807	237	23	case	case	NOUN
cblr-7807	237	24	studies	study	NOUN
cblr-7807	237	25	—	—	PUNCT
cblr-7807	237	26	as	as	ADP
cblr-7807	237	27	a	a	DET
cblr-7807	237	28	triumph	triumph	NOUN
cblr-7807	237	29	of	of	ADP
cblr-7807	237	30	shorttermism	shorttermism	NOUN
cblr-7807	237	31	,	,	PUNCT
cblr-7807	237	32	resulting	result	VERB
cblr-7807	237	33	from	from	ADP
cblr-7807	237	34	pressure	pressure	NOUN
cblr-7807	237	35	by	by	ADP
cblr-7807	237	36	an	an	DET
cblr-7807	237	37	activist	activist	ADJ
cblr-7807	237	38	hedge	hedge	NOUN
cblr-7807	237	39	fund.67	fund.67	NOUN
cblr-7807	237	40	one	one	PRON
cblr-7807	237	41	could	could	AUX
cblr-7807	237	42	fairly	fairly	ADV
cblr-7807	237	43	characterize	characterize	VERB
cblr-7807	237	44	the	the	DET
cblr-7807	237	45	aol	aol	NOUN
cblr-7807	237	46	case	case	NOUN
cblr-7807	237	47	study	study	NOUN
cblr-7807	237	48	,	,	PUNCT
cblr-7807	237	49	for	for	ADP
cblr-7807	237	50	another	another	DET
cblr-7807	237	51	example	example	NOUN
cblr-7807	237	52	,	,	PUNCT
cblr-7807	237	53	as	as	ADP
cblr-7807	237	54	a	a	DET
cblr-7807	237	55	story	story	NOUN
cblr-7807	237	56	about	about	ADP
cblr-7807	237	57	managerial	managerial	ADJ
cblr-7807	237	58	incompetence	incompetence	NOUN
cblr-7807	237	59	rather	rather	ADV
cblr-7807	237	60	than	than	ADP
cblr-7807	237	61	over	over	ADP
cblr-7807	237	62	-	-	PUNCT
cblr-7807	237	63	optimism	optimism	NOUN
cblr-7807	237	64	.	.	PUNCT
cblr-7807	238	1	armstrong	armstrong	PROPN
cblr-7807	238	2	fired	fire	VERB
cblr-7807	238	3	aol	aol	PROPN
cblr-7807	238	4	cfo	cfo	PROPN
cblr-7807	238	5	arthur	arthur	PROPN
cblr-7807	238	6	minson	minson	PROPN
cblr-7807	238	7	after	after	SCONJ
cblr-7807	238	8	minson	minson	NOUN
cblr-7807	238	9	became	become	VERB
cblr-7807	238	10	a	a	DET
cblr-7807	238	11	patch	patch	ADJ
cblr-7807	238	12	skeptic.68	skeptic.68	NOUN
cblr-7807	238	13	armstrong	armstrong	PROPN
cblr-7807	238	14	publicly	publicly	ADV
cblr-7807	238	15	and	and	CCONJ
cblr-7807	238	16	“	"	PUNCT
cblr-7807	238	17	impulsively	impulsively	ADV
cblr-7807	238	18	fired	fire	VERB
cblr-7807	238	19	”	"	PUNCT
cblr-7807	238	20	aol	aol	PROPN
cblr-7807	238	21	creative	creative	ADJ
cblr-7807	238	22	director	director	PROPN
cblr-7807	238	23	abel	abel	PROPN
cblr-7807	238	24	lenz	lenz	PROPN
cblr-7807	239	1	“	"	PUNCT
cblr-7807	239	2	during	during	ADP
cblr-7807	239	3	a	a	DET
cblr-7807	239	4	company	company	NOUN
cblr-7807	239	5	conference	conference	NOUN
cblr-7807	239	6	call	call	NOUN
cblr-7807	239	7	involving	involve	VERB
cblr-7807	239	8	around	around	ADP
cblr-7807	239	9	1,000	1,000	NUM
cblr-7807	239	10	co	co	NOUN
cblr-7807	239	11	-	-	NOUN
cblr-7807	239	12	workers	worker	NOUN
cblr-7807	239	13	.	.	PUNCT
cblr-7807	240	1	”69	”69	VERB
cblr-7807	240	2	business	business	NOUN
cblr-7807	240	3	insider	insider	NOUN
cblr-7807	240	4	quoted	quote	VERB
cblr-7807	240	5	a	a	DET
cblr-7807	240	6	“	"	PUNCT
cblr-7807	240	7	source	source	NOUN
cblr-7807	240	8	close	close	ADJ
cblr-7807	240	9	to	to	ADP
cblr-7807	240	10	”	"	PUNCT
cblr-7807	240	11	armstrong	armstrong	PROPN
cblr-7807	240	12	as	as	ADP
cblr-7807	240	13	saying	say	VERB
cblr-7807	240	14	it	it	PRON
cblr-7807	240	15	“	"	PUNCT
cblr-7807	240	16	made	make	VERB
cblr-7807	240	17	armstrong	armstrong	PROPN
cblr-7807	240	18	sound	sound	NOUN
cblr-7807	240	19	unhinged—‘schizophrenic	unhinged—‘schizophrenic	ADJ
cblr-7807	240	20	in	in	ADP
cblr-7807	240	21	his	his	PRON
cblr-7807	240	22	thinking	thinking	NOUN
cblr-7807	240	23	.	.	PUNCT
cblr-7807	240	24	’”70	’”70	PUNCT
cblr-7807	241	1	likewise	likewise	ADV
cblr-7807	241	2	at	at	ADP
cblr-7807	241	3	navistar	navistar	NOUN
cblr-7807	241	4	,	,	PUNCT
cblr-7807	241	5	“	"	PUNCT
cblr-7807	241	6	ustian	ustian	ADJ
cblr-7807	241	7	practically	practically	ADV
cblr-7807	241	8	quarantined	quarantine	VERB
cblr-7807	241	9	his	his	PRON
cblr-7807	241	10	office	office	NOUN
cblr-7807	241	11	away	away	ADV
cblr-7807	241	12	from	from	ADP
cblr-7807	241	13	company	company	NOUN
cblr-7807	241	14	engineers	engineer	NOUN
cblr-7807	241	15	and	and	CCONJ
cblr-7807	241	16	dismissed	dismiss	VERB
cblr-7807	241	17	employees	employee	NOUN
cblr-7807	241	18	who	who	PRON
cblr-7807	241	19	were	be	AUX
cblr-7807	241	20	vocally	vocally	ADV
cblr-7807	241	21	skeptical	skeptical	ADJ
cblr-7807	241	22	.	.	PUNCT
cblr-7807	242	1	”71	”71	NOUN
cblr-7807	242	2	all	all	PRON
cblr-7807	242	3	of	of	ADP
cblr-7807	242	4	which	which	PRON
cblr-7807	242	5	—	—	PUNCT
cblr-7807	242	6	acting	act	VERB
cblr-7807	242	7	impulsively	impulsively	ADV
cblr-7807	242	8	and	and	CCONJ
cblr-7807	242	9	shifting	shift	VERB
cblr-7807	242	10	the	the	DET
cblr-7807	242	11	blame	blame	NOUN
cblr-7807	242	12	for	for	ADP
cblr-7807	242	13	failed	failed	ADJ
cblr-7807	242	14	projects	project	NOUN
cblr-7807	242	15	onto	onto	ADP
cblr-7807	242	16	subordinates	subordinate	NOUN
cblr-7807	242	17	—	—	PUNCT
cblr-7807	242	18	strikes	strike	VERB
cblr-7807	242	19	this	this	DET
cblr-7807	242	20	observer	observer	NOUN
cblr-7807	242	21	as	as	ADP
cblr-7807	242	22	a	a	DET
cblr-7807	242	23	classic	classic	ADJ
cblr-7807	242	24	example	example	NOUN
cblr-7807	242	25	of	of	ADP
cblr-7807	242	26	toxic	toxic	ADJ
cblr-7807	242	27	management.72	management.72	NOUN
cblr-7807	242	28	in	in	ADP
cblr-7807	242	29	turn	turn	NOUN
cblr-7807	242	30	,	,	PUNCT
cblr-7807	242	31	this	this	DET
cblr-7807	242	32	observation	observation	NOUN
cblr-7807	242	33	suggests	suggest	VERB
cblr-7807	242	34	that	that	SCONJ
cblr-7807	242	35	the	the	DET
cblr-7807	242	36	problem	problem	NOUN
cblr-7807	242	37	is	be	AUX
cblr-7807	242	38	not	not	PART
cblr-7807	242	39	the	the	DET
cblr-7807	242	40	choice	choice	NOUN
cblr-7807	242	41	of	of	ADP
cblr-7807	242	42	time	time	NOUN
cblr-7807	242	43	horizon	horizon	NOUN
cblr-7807	242	44	.	.	PUNCT
cblr-7807	243	1	after	after	ADV
cblr-7807	243	2	all	all	ADV
cblr-7807	243	3	,	,	PUNCT
cblr-7807	243	4	one	one	NUM
cblr-7807	243	5	suspects	suspect	VERB
cblr-7807	243	6	that	that	SCONJ
cblr-7807	243	7	toxic	toxic	ADJ
cblr-7807	243	8	managers	manager	NOUN
cblr-7807	243	9	will	will	AUX
cblr-7807	243	10	be	be	AUX
cblr-7807	243	11	incompetent	incompetent	ADJ
cblr-7807	243	12	whether	whether	SCONJ
cblr-7807	243	13	they	they	PRON
cblr-7807	243	14	are	be	AUX
cblr-7807	243	15	focused	focus	VERB
cblr-7807	243	16	on	on	ADP
cblr-7807	243	17	the	the	DET
cblr-7807	243	18	short	short	ADJ
cblr-7807	243	19	term	term	NOUN
cblr-7807	243	20	or	or	CCONJ
cblr-7807	243	21	the	the	DET
cblr-7807	243	22	long	long	ADJ
cblr-7807	243	23	term	term	NOUN
cblr-7807	243	24	.	.	PUNCT
cblr-7807	244	1	returning	return	VERB
cblr-7807	244	2	to	to	ADP
cblr-7807	244	3	the	the	DET
cblr-7807	244	4	aol	aol	NOUN
cblr-7807	244	5	case	case	NOUN
cblr-7807	244	6	study	study	NOUN
cblr-7807	244	7	,	,	PUNCT
cblr-7807	244	8	while	while	SCONJ
cblr-7807	244	9	there	there	PRON
cblr-7807	244	10	is	be	VERB
cblr-7807	244	11	a	a	DET
cblr-7807	244	12	hint	hint	NOUN
cblr-7807	244	13	of	of	ADP
cblr-7807	244	14	academic	academic	ADJ
cblr-7807	244	15	snobbery	snobbery	NOUN
cblr-7807	244	16	in	in	ADP
cblr-7807	244	17	barzuza	barzuza	NOUN
cblr-7807	244	18	and	and	CCONJ
cblr-7807	244	19	talley	talley	NOUN
cblr-7807	244	20	’s	’s	PART
cblr-7807	244	21	characterization	characterization	NOUN
cblr-7807	244	22	of	of	ADP
cblr-7807	244	23	armstrong	armstrong	PROPN
cblr-7807	244	24	as	as	ADP
cblr-7807	244	25	“	"	PUNCT
cblr-7807	244	26	a	a	DET
cblr-7807	244	27	one	one	NUM
cblr-7807	244	28	-	-	PUNCT
cblr-7807	244	29	time	time	NOUN
cblr-7807	244	30	salesperson,”73	salesperson,”73	NOUN
cblr-7807	244	31	it	it	PRON
cblr-7807	244	32	seems	seem	VERB
cblr-7807	244	33	plausible	plausible	ADJ
cblr-7807	244	34	that	that	SCONJ
cblr-7807	244	35	the	the	DET
cblr-7807	244	36	armstrong	armstrong	PROPN
cblr-7807	244	37	saga	saga	NOUN
cblr-7807	244	38	is	be	AUX
cblr-7807	244	39	a	a	DET
cblr-7807	244	40	classic	classic	ADJ
cblr-7807	244	41	example	example	NOUN
cblr-7807	244	42	of	of	ADP
cblr-7807	244	43	the	the	DET
cblr-7807	244	44	peter	peter	PROPN
cblr-7807	244	45	67	67	NUM
cblr-7807	244	46	see	see	VERB
cblr-7807	244	47	i	i	PRON
cblr-7807	244	48	d.	d.	PROPN
cblr-7807	244	49	at	at	ADP
cblr-7807	244	50	155	155	NUM
cblr-7807	244	51	(	(	PUNCT
cblr-7807	244	52	“	"	PUNCT
cblr-7807	244	53	any	any	PRON
cblr-7807	244	54	of	of	ADP
cblr-7807	244	55	these	these	DET
cblr-7807	244	56	episodes	episode	NOUN
cblr-7807	244	57	could	could	AUX
cblr-7807	244	58	have	have	AUX
cblr-7807	244	59	been	be	AUX
cblr-7807	244	60	described	describe	VERB
cblr-7807	244	61	as	as	ADP
cblr-7807	244	62	examples	example	NOUN
cblr-7807	244	63	of	of	ADP
cblr-7807	244	64	short	short	ADJ
cblr-7807	244	65	-	-	PUNCT
cblr-7807	244	66	termist	termist	NOUN
cblr-7807	244	67	interventions	intervention	NOUN
cblr-7807	244	68	in	in	ADP
cblr-7807	244	69	long	long	ADJ
cblr-7807	244	70	-	-	PUNCT
cblr-7807	244	71	term	term	NOUN
cblr-7807	244	72	investments	investment	NOUN
cblr-7807	244	73	(	(	PUNCT
cblr-7807	244	74	and	and	CCONJ
cblr-7807	244	75	indeed	indeed	ADV
cblr-7807	244	76	they	they	PRON
cblr-7807	244	77	were	be	AUX
cblr-7807	244	78	so	so	ADV
cblr-7807	244	79	characterized	characterized	ADJ
cblr-7807	244	80	at	at	ADP
cblr-7807	244	81	the	the	DET
cblr-7807	244	82	time	time	NOUN
cblr-7807	244	83	)	)	PUNCT
cblr-7807	244	84	.	.	PUNCT
cblr-7807	244	85	”	"	PUNCT
cblr-7807	244	86	)	)	PUNCT
cblr-7807	244	87	.	.	PUNCT
cblr-7807	245	1	68	68	NUM
cblr-7807	246	1	i	i	PRON
cblr-7807	246	2	d.	d.	NOUN
cblr-7807	246	3	at	at	ADP
cblr-7807	246	4	165	165	NUM
cblr-7807	246	5	.	.	PUNCT
cblr-7807	246	6	69	69	NUM
cblr-7807	247	1	i	i	PRON
cblr-7807	247	2	d.	d.	PROPN
cblr-7807	247	3	70	70	NUM
cblr-7807	247	4	nicholas	nicholas	PROPN
cblr-7807	247	5	carlson	carlson	PROPN
cblr-7807	247	6	,	,	PUNCT
cblr-7807	247	7	the	the	DET
cblr-7807	247	8	story	story	NOUN
cblr-7807	247	9	behind	behind	ADP
cblr-7807	247	10	why	why	SCONJ
cblr-7807	247	11	aol	aol	PROPN
cblr-7807	247	12	ceo	ceo	PROPN
cblr-7807	247	13	tim	tim	PROPN
cblr-7807	247	14	armstrong	armstrong	PROPN
cblr-7807	247	15	fired	fire	VERB
cblr-7807	247	16	an	an	DET
cblr-7807	247	17	employee	employee	NOUN
cblr-7807	247	18	in	in	ADP
cblr-7807	247	19	front	front	NOUN
cblr-7807	247	20	of	of	ADP
cblr-7807	247	21	1,000	1,000	NUM
cblr-7807	247	22	coworkers	coworker	NOUN
cblr-7807	247	23	,	,	PUNCT
cblr-7807	247	24	bus	bus	NOUN
cblr-7807	247	25	.	.	PUNCT
cblr-7807	247	26	insider	insider	NOUN
cblr-7807	247	27	(	(	PUNCT
cblr-7807	247	28	nov	nov	PROPN
cblr-7807	247	29	.	.	PROPN
cblr-7807	247	30	6	6	NUM
cblr-7807	247	31	,	,	PUNCT
cblr-7807	247	32	2013	2013	NUM
cblr-7807	247	33	,	,	PUNCT
cblr-7807	247	34	10:12	10:12	NUM
cblr-7807	247	35	pm	pm	NOUN
cblr-7807	247	36	)	)	PUNCT
cblr-7807	247	37	,	,	PUNCT
cblr-7807	247	38	https://www.businessinsider.com/tim-armstrong-patch-aol2013-10?page=1	https://www.businessinsider.com/tim-armstrong-patch-aol2013-10?page=1	PROPN
cblr-7807	248	1	[	[	X
cblr-7807	248	2	https://perma.cc/l8mx-tmh7	https://perma.cc/l8mx-tmh7	X
cblr-7807	248	3	]	]	X
cblr-7807	248	4	.	.	PUNCT
cblr-7807	249	1	71	71	NUM
cblr-7807	249	2	barzuza	barzuza	NOUN
cblr-7807	249	3	&	&	CCONJ
cblr-7807	249	4	talley	talley	PROPN
cblr-7807	249	5	,	,	PUNCT
cblr-7807	249	6	supra	supra	PROPN
cblr-7807	249	7	note	note	NOUN
cblr-7807	249	8	12	12	NUM
cblr-7807	249	9	,	,	PUNCT
cblr-7807	249	10	at	at	ADP
cblr-7807	249	11	115–16	115–16	NUM
cblr-7807	249	12	.	.	PUNCT
cblr-7807	250	1	72	72	NUM
cblr-7807	250	2	see	see	VERB
cblr-7807	250	3	ronald	ronald	PROPN
cblr-7807	250	4	e.	e.	PROPN
cblr-7807	250	5	riggio	riggio	PROPN
cblr-7807	250	6	,	,	PUNCT
cblr-7807	250	7	the	the	DET
cblr-7807	250	8	10	10	NUM
cblr-7807	250	9	habits	habit	NOUN
cblr-7807	250	10	of	of	ADP
cblr-7807	250	11	highly	highly	ADV
cblr-7807	250	12	toxic	toxic	ADJ
cblr-7807	250	13	bosses	boss	NOUN
cblr-7807	250	14	,	,	PUNCT
cblr-7807	250	15	psych	psych	NOUN
cblr-7807	250	16	.	.	PUNCT
cblr-7807	251	1	today	today	NOUN
cblr-7807	251	2	(	(	PUNCT
cblr-7807	251	3	feb	feb	PROPN
cblr-7807	251	4	.	.	PROPN
cblr-7807	251	5	19	19	NUM
cblr-7807	251	6	,	,	PUNCT
cblr-7807	251	7	2018	2018	NUM
cblr-7807	251	8	)	)	PUNCT
cblr-7807	251	9	,	,	PUNCT
cblr-7807	251	10	https://www.psychologytoday.com/us/blog/cuttingedge-leadership/201802/the-10-habits-highly-toxic-bosses	https://www.psychologytoday.com/us/blog/cuttingedge-leadership/201802/the-10-habits-highly-toxic-bosse	VERB
cblr-7807	251	11	[	[	X
cblr-7807	251	12	https://perma.cc/guh4-fc99	https://perma.cc/guh4-fc99	X
cblr-7807	251	13	]	]	PUNCT
cblr-7807	251	14	.	.	PUNCT
cblr-7807	252	1	73	73	NUM
cblr-7807	252	2	barzuza	barzuza	NOUN
cblr-7807	252	3	&	&	CCONJ
cblr-7807	252	4	talley	talley	PROPN
cblr-7807	252	5	,	,	PUNCT
cblr-7807	252	6	supra	supra	PROPN
cblr-7807	252	7	note	note	NOUN
cblr-7807	252	8	12	12	NUM
cblr-7807	252	9	,	,	PUNCT
cblr-7807	252	10	at	at	ADP
cblr-7807	252	11	162	162	NUM
cblr-7807	252	12	.	.	PUNCT
cblr-7807	253	1	bainbridge	bainbridge	NOUN
cblr-7807	253	2	(	(	PUNCT
cblr-7807	253	3	comment	comment	NOUN
cblr-7807	253	4	)	)	PUNCT
cblr-7807	253	5	12/28/2020	12/28/2020	NUM
cblr-7807	253	6	3:25	3:25	NUM
cblr-7807	253	7	pm	pm	NOUN
cblr-7807	253	8	818	818	NUM
cblr-7807	253	9	columbia	columbia	PROPN
cblr-7807	253	10	business	business	NOUN
cblr-7807	253	11	law	law	PROPN
cblr-7807	253	12	review	review	NOUN
cblr-7807	253	13	[	[	X
cblr-7807	253	14	vol	vol	NOUN
cblr-7807	253	15	.	.	PUNCT
cblr-7807	253	16	2020	2020	NUM
cblr-7807	253	17	principle74	principle74	NOUN
cblr-7807	253	18	at	at	ADP
cblr-7807	253	19	work	work	NOUN
cblr-7807	253	20	.	.	PUNCT
cblr-7807	254	1	after	after	SCONJ
cblr-7807	254	2	he	he	PRON
cblr-7807	254	3	took	take	VERB
cblr-7807	254	4	charge	charge	NOUN
cblr-7807	254	5	at	at	ADP
cblr-7807	254	6	aol	aol	PROPN
cblr-7807	254	7	,	,	PUNCT
cblr-7807	254	8	armstrong	armstrong	PROPN
cblr-7807	254	9	“	"	PUNCT
cblr-7807	254	10	made	make	VERB
cblr-7807	254	11	missteps	misstep	NOUN
cblr-7807	254	12	,	,	PUNCT
cblr-7807	254	13	gaffes	gaffe	NOUN
cblr-7807	254	14	,	,	PUNCT
cblr-7807	254	15	and	and	CCONJ
cblr-7807	254	16	strange	strange	ADJ
cblr-7807	254	17	decisions	decision	NOUN
cblr-7807	254	18	that	that	PRON
cblr-7807	254	19	reminded	remind	VERB
cblr-7807	254	20	people	people	NOUN
cblr-7807	254	21	that	that	SCONJ
cblr-7807	254	22	he	he	PRON
cblr-7807	254	23	was	be	AUX
cblr-7807	254	24	a	a	DET
cblr-7807	254	25	rookie	rookie	NOUN
cblr-7807	254	26	ceo	ceo	NOUN
cblr-7807	254	27	.	.	PUNCT
cblr-7807	254	28	”75	”75	PROPN
cblr-7807	254	29	similarly	similarly	ADV
cblr-7807	254	30	,	,	PUNCT
cblr-7807	254	31	some	some	DET
cblr-7807	254	32	commentators	commentator	NOUN
cblr-7807	254	33	have	have	AUX
cblr-7807	254	34	cited	cite	VERB
cblr-7807	254	35	yahoo	yahoo	PROPN
cblr-7807	254	36	’s	’s	PART
cblr-7807	254	37	mayer	mayer	PROPN
cblr-7807	254	38	as	as	ADP
cblr-7807	254	39	another	another	DET
cblr-7807	254	40	illustration	illustration	NOUN
cblr-7807	254	41	of	of	ADP
cblr-7807	254	42	the	the	DET
cblr-7807	254	43	peter	peter	PROPN
cblr-7807	254	44	principle	principle	PROPN
cblr-7807	254	45	,	,	PUNCT
cblr-7807	254	46	with	with	ADP
cblr-7807	254	47	some	some	PRON
cblr-7807	254	48	suggesting	suggest	VERB
cblr-7807	254	49	she	she	PRON
cblr-7807	254	50	had	have	AUX
cblr-7807	254	51	already	already	ADV
cblr-7807	254	52	reached	reach	VERB
cblr-7807	254	53	the	the	DET
cblr-7807	254	54	level	level	NOUN
cblr-7807	254	55	of	of	ADP
cblr-7807	254	56	her	her	PRON
cblr-7807	254	57	incompetence	incompetence	NOUN
cblr-7807	254	58	while	while	SCONJ
cblr-7807	254	59	still	still	ADV
cblr-7807	254	60	at	at	ADP
cblr-7807	254	61	google.76	google.76	PROPN
cblr-7807	254	62	managers	manager	NOUN
cblr-7807	254	63	who	who	PRON
cblr-7807	254	64	have	have	AUX
cblr-7807	254	65	reached	reach	VERB
cblr-7807	254	66	the	the	DET
cblr-7807	254	67	level	level	NOUN
cblr-7807	254	68	of	of	ADP
cblr-7807	254	69	their	their	PRON
cblr-7807	254	70	incompetence	incompetence	NOUN
cblr-7807	254	71	by	by	ADP
cblr-7807	254	72	definition	definition	NOUN
cblr-7807	254	73	will	will	AUX
cblr-7807	254	74	be	be	AUX
cblr-7807	254	75	incompetent	incompetent	ADJ
cblr-7807	254	76	whether	whether	SCONJ
cblr-7807	254	77	they	they	PRON
cblr-7807	254	78	are	be	AUX
cblr-7807	254	79	overly	overly	ADV
cblr-7807	254	80	optimistic77	optimistic77	NOUN
cblr-7807	254	81	or	or	CCONJ
cblr-7807	254	82	not	not	PART
cblr-7807	254	83	and	and	CCONJ
cblr-7807	254	84	whether	whether	SCONJ
cblr-7807	254	85	they	they	PRON
cblr-7807	254	86	focus	focus	VERB
cblr-7807	254	87	on	on	ADP
cblr-7807	254	88	the	the	DET
cblr-7807	254	89	short	short	ADJ
cblr-7807	254	90	term	term	NOUN
cblr-7807	254	91	or	or	CCONJ
cblr-7807	254	92	the	the	DET
cblr-7807	254	93	long	long	ADJ
cblr-7807	254	94	term	term	NOUN
cblr-7807	254	95	.	.	PUNCT
cblr-7807	255	1	in	in	ADP
cblr-7807	255	2	sum	sum	NOUN
cblr-7807	255	3	,	,	PUNCT
cblr-7807	255	4	the	the	DET
cblr-7807	255	5	case	case	NOUN
cblr-7807	255	6	studies	study	NOUN
cblr-7807	255	7	prove	prove	VERB
cblr-7807	255	8	unpersuasive	unpersuasive	ADJ
cblr-7807	255	9	.	.	PUNCT
cblr-7807	256	1	we	we	PRON
cblr-7807	256	2	have	have	VERB
cblr-7807	256	3	a	a	DET
cblr-7807	256	4	small	small	ADJ
cblr-7807	256	5	number	number	NOUN
cblr-7807	256	6	of	of	ADP
cblr-7807	256	7	cases	case	NOUN
cblr-7807	256	8	drawn	draw	VERB
cblr-7807	256	9	from	from	ADP
cblr-7807	256	10	the	the	DET
cblr-7807	256	11	same	same	ADJ
cblr-7807	256	12	famously	famously	ADV
cblr-7807	256	13	overconfident	overconfident	ADJ
cblr-7807	256	14	milieu	milieu	NOUN
cblr-7807	256	15	.	.	PUNCT
cblr-7807	257	1	more	more	ADV
cblr-7807	257	2	importantly	importantly	ADV
cblr-7807	257	3	,	,	PUNCT
cblr-7807	257	4	what	what	PRON
cblr-7807	257	5	we	we	PRON
cblr-7807	257	6	have	have	AUX
cblr-7807	257	7	in	in	ADP
cblr-7807	257	8	each	each	DET
cblr-7807	257	9	case	case	NOUN
cblr-7807	257	10	arguably	arguably	ADV
cblr-7807	257	11	is	be	AUX
cblr-7807	257	12	not	not	PART
cblr-7807	257	13	so	so	ADV
cblr-7807	257	14	much	much	ADJ
cblr-7807	257	15	a	a	DET
cblr-7807	257	16	story	story	NOUN
cblr-7807	257	17	about	about	ADP
cblr-7807	257	18	managerial	managerial	ADJ
cblr-7807	257	19	hyperopia	hyperopia	NOUN
cblr-7807	257	20	but	but	CCONJ
cblr-7807	257	21	one	one	NUM
cblr-7807	257	22	of	of	ADP
cblr-7807	257	23	managerial	managerial	ADJ
cblr-7807	257	24	incompetence	incompetence	NOUN
cblr-7807	257	25	.	.	PUNCT
cblr-7807	258	1	as	as	SCONJ
cblr-7807	258	2	we	we	PRON
cblr-7807	258	3	shall	shall	AUX
cblr-7807	258	4	see	see	VERB
cblr-7807	258	5	in	in	ADP
cblr-7807	258	6	the	the	DET
cblr-7807	258	7	parts	part	NOUN
cblr-7807	258	8	that	that	PRON
cblr-7807	258	9	follow	follow	VERB
cblr-7807	258	10	,	,	PUNCT
cblr-7807	258	11	this	this	DET
cblr-7807	258	12	possibility	possibility	NOUN
cblr-7807	258	13	matters	matter	VERB
cblr-7807	258	14	when	when	SCONJ
cblr-7807	258	15	it	it	PRON
cblr-7807	258	16	comes	come	VERB
cblr-7807	258	17	to	to	ADP
cblr-7807	258	18	drawing	draw	VERB
cblr-7807	258	19	policy	policy	NOUN
cblr-7807	258	20	implications	implication	NOUN
cblr-7807	258	21	from	from	ADP
cblr-7807	258	22	barzuza	barzuza	NOUN
cblr-7807	258	23	and	and	CCONJ
cblr-7807	258	24	talley	talley	NOUN
cblr-7807	258	25	’s	’s	PART
cblr-7807	258	26	work	work	NOUN
cblr-7807	258	27	.	.	PUNCT
cblr-7807	259	1	iii	iii	X
cblr-7807	259	2	.	.	PUNCT
cblr-7807	260	1	the	the	DET
cblr-7807	260	2	judicial	judicial	ADJ
cblr-7807	260	3	role	role	NOUN
cblr-7807	260	4	according	accord	VERB
cblr-7807	260	5	to	to	ADP
cblr-7807	260	6	barzuza	barzuza	NOUN
cblr-7807	260	7	and	and	CCONJ
cblr-7807	260	8	talley	talley	NOUN
cblr-7807	260	9	,	,	PUNCT
cblr-7807	260	10	“	"	PUNCT
cblr-7807	260	11	delaware	delaware	PROPN
cblr-7807	260	12	courts	court	NOUN
cblr-7807	260	13	have	have	AUX
cblr-7807	260	14	recently	recently	ADV
cblr-7807	260	15	begun	begin	VERB
cblr-7807	260	16	to	to	PART
cblr-7807	260	17	float	float	VERB
cblr-7807	260	18	concerns	concern	NOUN
cblr-7807	260	19	about	about	ADP
cblr-7807	260	20	short	short	ADJ
cblr-7807	260	21	-	-	PUNCT
cblr-7807	260	22	termism	termism	NOUN
cblr-7807	260	23	and	and	CCONJ
cblr-7807	260	24	its	its	PRON
cblr-7807	260	25	implications	implication	NOUN
cblr-7807	260	26	for	for	ADP
cblr-7807	260	27	fiduciary	fiduciary	ADJ
cblr-7807	260	28	conduct	conduct	NOUN
cblr-7807	260	29	.	.	PUNCT
cblr-7807	261	1	”78	”78	ADV
cblr-7807	261	2	in	in	ADP
cblr-7807	261	3	particular	particular	ADJ
cblr-7807	261	4	,	,	PUNCT
cblr-7807	261	5	barzuza	barzuza	NOUN
cblr-7807	261	6	and	and	CCONJ
cblr-7807	261	7	talley	talley	NOUN
cblr-7807	261	8	express	express	ADJ
cblr-7807	261	9	concern	concern	NOUN
cblr-7807	261	10	that	that	SCONJ
cblr-7807	261	11	decisions	decision	NOUN
cblr-7807	261	12	such	such	ADJ
cblr-7807	261	13	as	as	ADP
cblr-7807	261	14	trados79	trados79	NOUN
cblr-7807	261	15	74	74	NUM
cblr-7807	261	16	see	see	VERB
cblr-7807	261	17	laurence	laurence	PROPN
cblr-7807	261	18	j.	j.	PROPN
cblr-7807	261	19	peter	peter	PROPN
cblr-7807	261	20	,	,	PUNCT
cblr-7807	261	21	the	the	DET
cblr-7807	261	22	peter	peter	PROPN
cblr-7807	261	23	principle	principle	PROPN
cblr-7807	261	24	25	25	NUM
cblr-7807	261	25	(	(	PUNCT
cblr-7807	261	26	1969	1969	NUM
cblr-7807	261	27	)	)	PUNCT
cblr-7807	261	28	(	(	PUNCT
cblr-7807	261	29	“	"	PUNCT
cblr-7807	261	30	[	[	X
cblr-7807	261	31	i]n	i]n	NOUN
cblr-7807	261	32	a	a	DET
cblr-7807	261	33	hierarchy	hierarchy	NOUN
cblr-7807	261	34	every	every	DET
cblr-7807	261	35	employee	employee	NOUN
cblr-7807	261	36	tends	tend	VERB
cblr-7807	261	37	to	to	PART
cblr-7807	261	38	rise	rise	VERB
cblr-7807	261	39	to	to	ADP
cblr-7807	261	40	his	his	PRON
cblr-7807	261	41	level	level	NOUN
cblr-7807	261	42	of	of	ADP
cblr-7807	261	43	incompetence	incompetence	NOUN
cblr-7807	261	44	.	.	PUNCT
cblr-7807	261	45	”	"	PUNCT
cblr-7807	261	46	)	)	PUNCT
cblr-7807	261	47	.	.	PUNCT
cblr-7807	262	1	75	75	NUM
cblr-7807	262	2	carlson	carlson	NOUN
cblr-7807	262	3	,	,	PUNCT
cblr-7807	262	4	supra	supra	PROPN
cblr-7807	262	5	note	note	NOUN
cblr-7807	262	6	70	70	NUM
cblr-7807	262	7	.	.	PUNCT
cblr-7807	263	1	76	76	NUM
cblr-7807	263	2	see	see	VERB
cblr-7807	263	3	,	,	PUNCT
cblr-7807	263	4	e.g.	e.g.	ADV
cblr-7807	263	5	,	,	PUNCT
cblr-7807	263	6	tim	tim	PROPN
cblr-7807	263	7	knight	knight	NOUN
cblr-7807	263	8	,	,	PUNCT
cblr-7807	263	9	two	two	NUM
cblr-7807	263	10	blondes	blonde	NOUN
cblr-7807	263	11	,	,	PUNCT
cblr-7807	263	12	two	two	NUM
cblr-7807	263	13	fates	fate	NOUN
cblr-7807	263	14	,	,	PUNCT
cblr-7807	263	15	zerohedge	zerohedge	X
cblr-7807	263	16	(	(	PUNCT
cblr-7807	263	17	apr	apr	PROPN
cblr-7807	263	18	.	.	PROPN
cblr-7807	263	19	28	28	NUM
cblr-7807	263	20	,	,	PUNCT
cblr-7807	263	21	2017	2017	NUM
cblr-7807	263	22	,	,	PUNCT
cblr-7807	263	23	10:28	10:28	NUM
cblr-7807	263	24	pm	pm	NOUN
cblr-7807	263	25	)	)	PUNCT
cblr-7807	263	26	,	,	PUNCT
cblr-7807	263	27	https://www.zerohedge.com/news/2017-04-28/two-blondestwo-fates	https://www.zerohedge.com/news/2017-04-28/two-blondestwo-fate	VERB
cblr-7807	263	28	[	[	X
cblr-7807	263	29	https://perma.cc/h7f7-l8hn	https://perma.cc/h7f7-l8hn	X
cblr-7807	263	30	]	]	X
cblr-7807	263	31	(	(	PUNCT
cblr-7807	263	32	“	"	PUNCT
cblr-7807	263	33	in	in	ADP
cblr-7807	263	34	a	a	DET
cblr-7807	263	35	perfect	perfect	ADJ
cblr-7807	263	36	illustration	illustration	NOUN
cblr-7807	263	37	of	of	ADP
cblr-7807	263	38	the	the	DET
cblr-7807	263	39	peter	peter	PROPN
cblr-7807	263	40	principle	principle	PROPN
cblr-7807	263	41	,	,	PUNCT
cblr-7807	263	42	mayer	mayer	PROPN
cblr-7807	263	43	had	have	AUX
cblr-7807	263	44	risen	rise	VERB
cblr-7807	263	45	to	to	ADP
cblr-7807	263	46	her	her	PRON
cblr-7807	263	47	own	own	ADJ
cblr-7807	263	48	level	level	NOUN
cblr-7807	263	49	of	of	ADP
cblr-7807	263	50	incompetence	incompetence	NOUN
cblr-7807	263	51	at	at	ADP
cblr-7807	263	52	google	google	NOUN
cblr-7807	263	53	,	,	PUNCT
cblr-7807	263	54	and	and	CCONJ
cblr-7807	263	55	she	she	PRON
cblr-7807	263	56	started	start	VERB
cblr-7807	263	57	getting	getting	AUX
cblr-7807	263	58	sidelined	sideline	VERB
cblr-7807	263	59	.	.	PUNCT
cblr-7807	263	60	”	"	PUNCT
cblr-7807	263	61	)	)	PUNCT
cblr-7807	263	62	.	.	PUNCT
cblr-7807	264	1	77	77	NUM
cblr-7807	265	1	obviously	obviously	ADV
cblr-7807	265	2	,	,	PUNCT
cblr-7807	265	3	overconfidence	overconfidence	NOUN
cblr-7807	265	4	and	and	CCONJ
cblr-7807	265	5	incompetence	incompetence	NOUN
cblr-7807	265	6	sometimes	sometimes	ADV
cblr-7807	265	7	overlap	overlap	VERB
cblr-7807	265	8	;	;	PUNCT
cblr-7807	265	9	“	"	PUNCT
cblr-7807	265	10	overconfidence	overconfidence	NOUN
cblr-7807	265	11	in	in	ADP
cblr-7807	265	12	one	one	NUM
cblr-7807	265	13	’s	’s	PART
cblr-7807	265	14	skills	skill	NOUN
cblr-7807	265	15	is	be	AUX
cblr-7807	265	16	often	often	ADV
cblr-7807	265	17	a	a	DET
cblr-7807	265	18	hallmark	hallmark	NOUN
cblr-7807	265	19	of	of	ADP
cblr-7807	265	20	the	the	DET
cblr-7807	265	21	incompetent	incompetent	NOUN
cblr-7807	265	22	.	.	PUNCT
cblr-7807	265	23	”	"	PUNCT
cblr-7807	266	1	ruth	ruth	PROPN
cblr-7807	266	2	vance	vance	PROPN
cblr-7807	266	3	&	&	CCONJ
cblr-7807	266	4	susan	susan	PROPN
cblr-7807	266	5	stuart	stuart	PROPN
cblr-7807	266	6	,	,	PUNCT
cblr-7807	266	7	of	of	ADP
cblr-7807	266	8	moby	moby	PROPN
cblr-7807	266	9	dick	dick	PROPN
cblr-7807	266	10	and	and	CCONJ
cblr-7807	266	11	tartar	tartar	PROPN
cblr-7807	266	12	sauce	sauce	NOUN
cblr-7807	266	13	:	:	PUNCT
cblr-7807	266	14	the	the	DET
cblr-7807	266	15	academically	academically	ADV
cblr-7807	266	16	underprepared	underprepared	ADJ
cblr-7807	266	17	law	law	NOUN
cblr-7807	266	18	student	student	NOUN
cblr-7807	266	19	and	and	CCONJ
cblr-7807	266	20	the	the	DET
cblr-7807	266	21	curse	curse	NOUN
cblr-7807	266	22	of	of	ADP
cblr-7807	266	23	overconfidence	overconfidence	NOUN
cblr-7807	266	24	,	,	PUNCT
cblr-7807	266	25	53	53	NUM
cblr-7807	266	26	duq	duq	ADJ
cblr-7807	266	27	.	.	PUNCT
cblr-7807	267	1	l.	l.	PROPN
cblr-7807	267	2	rev	rev	PROPN
cblr-7807	267	3	.	.	PROPN
cblr-7807	267	4	133	133	NUM
cblr-7807	267	5	,	,	PUNCT
cblr-7807	267	6	144	144	NUM
cblr-7807	267	7	(	(	PUNCT
cblr-7807	267	8	2015	2015	NUM
cblr-7807	267	9	)	)	PUNCT
cblr-7807	267	10	.	.	PUNCT
cblr-7807	268	1	78	78	NUM
cblr-7807	268	2	barzuza	barzuza	NOUN
cblr-7807	268	3	&	&	CCONJ
cblr-7807	268	4	talley	talley	PROPN
cblr-7807	268	5	,	,	PUNCT
cblr-7807	268	6	supra	supra	PROPN
cblr-7807	268	7	note	note	NOUN
cblr-7807	268	8	12	12	NUM
cblr-7807	268	9	,	,	PUNCT
cblr-7807	268	10	at	at	ADP
cblr-7807	268	11	185	185	NUM
cblr-7807	268	12	.	.	PUNCT
cblr-7807	268	13	79	79	NUM
cblr-7807	268	14	in	in	ADP
cblr-7807	268	15	re	re	PROPN
cblr-7807	268	16	trados	trados	PROPN
cblr-7807	268	17	inc	inc	PROPN
cblr-7807	268	18	.	.	PROPN
cblr-7807	268	19	s’holder	s’holder	PROPN
cblr-7807	268	20	litig	litig	PROPN
cblr-7807	268	21	.	.	PUNCT
cblr-7807	268	22	,	,	PUNCT
cblr-7807	268	23	73	73	NUM
cblr-7807	268	24	a.3d	a.3d	SYM
cblr-7807	268	25	17	17	NUM
cblr-7807	268	26	(	(	PUNCT
cblr-7807	268	27	del	del	PROPN
cblr-7807	268	28	.	.	PROPN
cblr-7807	268	29	ch	ch	PROPN
cblr-7807	268	30	.	.	PROPN
cblr-7807	268	31	2013	2013	NUM
cblr-7807	268	32	)	)	PUNCT
cblr-7807	268	33	.	.	PUNCT
cblr-7807	269	1	bainbridge	bainbridge	PROPN
cblr-7807	269	2	(	(	PUNCT
cblr-7807	269	3	comment	comment	NOUN
cblr-7807	269	4	)	)	PUNCT
cblr-7807	269	5	12/28/2020	12/28/2020	NUM
cblr-7807	269	6	3:25	3:25	NUM
cblr-7807	269	7	pm	pm	NOUN
cblr-7807	269	8	no	no	INTJ
cblr-7807	269	9	.	.	PUNCT
cblr-7807	270	1	3:801	3:801	NUM
cblr-7807	270	2	]	]	X
cblr-7807	270	3	long	long	ADJ
cblr-7807	270	4	-	-	PUNCT
cblr-7807	270	5	term	term	NOUN
cblr-7807	270	6	bias	bias	NOUN
cblr-7807	270	7	and	and	CCONJ
cblr-7807	270	8	director	director	NOUN
cblr-7807	270	9	primacy	primacy	NOUN
cblr-7807	270	10	819	819	NUM
cblr-7807	270	11	“	"	PUNCT
cblr-7807	270	12	have	have	AUX
cblr-7807	270	13	begun	begin	VERB
cblr-7807	270	14	to	to	PART
cblr-7807	270	15	modify	modify	VERB
cblr-7807	270	16	the	the	DET
cblr-7807	270	17	framework	framework	NOUN
cblr-7807	270	18	for	for	ADP
cblr-7807	270	19	assessing	assess	VERB
cblr-7807	270	20	directors	director	NOUN
cblr-7807	270	21	’	’	PART
cblr-7807	270	22	fiduciary	fiduciary	ADJ
cblr-7807	270	23	duties	duty	NOUN
cblr-7807	270	24	,	,	PUNCT
cblr-7807	270	25	requiring	require	VERB
cblr-7807	270	26	that	that	SCONJ
cblr-7807	270	27	directors	director	NOUN
cblr-7807	270	28	‘	'	PUNCT
cblr-7807	270	29	manage	manage	VERB
cblr-7807	270	30	for	for	ADP
cblr-7807	270	31	the	the	DET
cblr-7807	270	32	longterm	longterm	NOUN
cblr-7807	270	33	’	'	PUNCT
cblr-7807	270	34	on	on	ADP
cblr-7807	270	35	behalf	behalf	NOUN
cblr-7807	270	36	of	of	ADP
cblr-7807	270	37	‘	'	PUNCT
cblr-7807	270	38	permanent	permanent	ADJ
cblr-7807	270	39	capital	capital	NOUN
cblr-7807	270	40	’	'	PUNCT
cblr-7807	270	41	(	(	PUNCT
cblr-7807	270	42	often	often	ADV
cblr-7807	270	43	favoring	favor	VERB
cblr-7807	270	44	common	common	ADJ
cblr-7807	270	45	shareholders	shareholder	NOUN
cblr-7807	270	46	over	over	ADP
cblr-7807	270	47	preferred	preferred	ADJ
cblr-7807	270	48	shareholders	shareholder	NOUN
cblr-7807	270	49	holding	hold	VERB
cblr-7807	270	50	redemption	redemption	NOUN
cblr-7807	270	51	or	or	CCONJ
cblr-7807	270	52	exit	exit	NOUN
cblr-7807	270	53	rights).”80	rights).”80	NOUN
cblr-7807	270	54	although	although	SCONJ
cblr-7807	270	55	barzuza	barzuza	NOUN
cblr-7807	270	56	and	and	CCONJ
cblr-7807	270	57	talley	talley	NOUN
cblr-7807	270	58	acknowledge	acknowledge	VERB
cblr-7807	270	59	that	that	SCONJ
cblr-7807	270	60	courts	court	NOUN
cblr-7807	270	61	have	have	AUX
cblr-7807	270	62	not	not	PART
cblr-7807	270	63	yet	yet	ADV
cblr-7807	270	64	held	hold	VERB
cblr-7807	270	65	myopic	myopic	ADJ
cblr-7807	270	66	directors	director	NOUN
cblr-7807	270	67	liable	liable	ADJ
cblr-7807	270	68	,	,	PUNCT
cblr-7807	270	69	they	they	PRON
cblr-7807	270	70	contend	contend	VERB
cblr-7807	270	71	that	that	SCONJ
cblr-7807	270	72	“	"	PUNCT
cblr-7807	270	73	it	it	PRON
cblr-7807	270	74	is	be	AUX
cblr-7807	270	75	likely	likely	ADJ
cblr-7807	270	76	a	a	DET
cblr-7807	270	77	matter	matter	NOUN
cblr-7807	270	78	of	of	ADP
cblr-7807	270	79	time	time	NOUN
cblr-7807	270	80	before	before	SCONJ
cblr-7807	270	81	the	the	DET
cblr-7807	270	82	full	full	ADJ
cblr-7807	270	83	measure	measure	NOUN
cblr-7807	270	84	of	of	ADP
cblr-7807	270	85	liability	liability	NOUN
cblr-7807	270	86	exposure	exposure	NOUN
cblr-7807	270	87	begins	begin	VERB
cblr-7807	270	88	to	to	PART
cblr-7807	270	89	emerge	emerge	VERB
cblr-7807	270	90	.	.	PUNCT
cblr-7807	271	1	”81	”81	NOUN
cblr-7807	271	2	pointing	point	VERB
cblr-7807	271	3	to	to	ADP
cblr-7807	271	4	their	their	PRON
cblr-7807	271	5	analysis	analysis	NOUN
cblr-7807	271	6	of	of	ADP
cblr-7807	271	7	managerial	managerial	ADJ
cblr-7807	271	8	over	over	ADP
cblr-7807	271	9	-	-	PUNCT
cblr-7807	271	10	optimism	optimism	NOUN
cblr-7807	271	11	,	,	PUNCT
cblr-7807	271	12	barzuza	barzuza	NOUN
cblr-7807	271	13	and	and	CCONJ
cblr-7807	271	14	talley	talley	NOUN
cblr-7807	271	15	“	"	PUNCT
cblr-7807	271	16	advise	advise	VERB
cblr-7807	271	17	delaware	delaware	PROPN
cblr-7807	271	18	courts	court	NOUN
cblr-7807	271	19	to	to	PART
cblr-7807	271	20	continue	continue	VERB
cblr-7807	271	21	to	to	PART
cblr-7807	271	22	utilize	utilize	VERB
cblr-7807	271	23	caution	caution	NOUN
cblr-7807	271	24	in	in	ADP
cblr-7807	271	25	applying	apply	VERB
cblr-7807	271	26	long	long	ADJ
cblr-7807	271	27	-	-	PUNCT
cblr-7807	271	28	termist	termist	NOUN
cblr-7807	271	29	fiduciary	fiduciary	ADJ
cblr-7807	271	30	duties	duty	NOUN
cblr-7807	271	31	—	—	PUNCT
cblr-7807	271	32	or	or	CCONJ
cblr-7807	271	33	at	at	ADP
cblr-7807	271	34	least	least	ADJ
cblr-7807	271	35	to	to	PART
cblr-7807	271	36	work	work	VERB
cblr-7807	271	37	through	through	ADP
cblr-7807	271	38	how	how	SCONJ
cblr-7807	271	39	long	long	ADJ
cblr-7807	271	40	-	-	PUNCT
cblr-7807	271	41	term	term	NOUN
cblr-7807	271	42	and	and	CCONJ
cblr-7807	271	43	short	short	ADJ
cblr-7807	271	44	-	-	PUNCT
cblr-7807	271	45	term	term	NOUN
cblr-7807	271	46	biases	bias	NOUN
cblr-7807	271	47	interact	interact	VERB
cblr-7807	271	48	with	with	ADP
cblr-7807	271	49	one	one	NUM
cblr-7807	271	50	another	another	DET
cblr-7807	271	51	.	.	PUNCT
cblr-7807	272	1	”82	”82	ADV
cblr-7807	272	2	i	i	PRON
cblr-7807	272	3	want	want	VERB
cblr-7807	272	4	to	to	PART
cblr-7807	272	5	differ	differ	VERB
cblr-7807	272	6	with	with	ADP
cblr-7807	272	7	barzuza	barzuza	NOUN
cblr-7807	272	8	and	and	CCONJ
cblr-7807	272	9	talley	talley	NOUN
cblr-7807	272	10	on	on	ADP
cblr-7807	272	11	three	three	NUM
cblr-7807	272	12	points	point	NOUN
cblr-7807	272	13	.	.	PUNCT
cblr-7807	273	1	first	first	ADV
cblr-7807	273	2	,	,	PUNCT
cblr-7807	273	3	i	i	PRON
cblr-7807	273	4	believe	believe	VERB
cblr-7807	273	5	barzuza	barzuza	NOUN
cblr-7807	273	6	and	and	CCONJ
cblr-7807	273	7	talley	talley	PROPN
cblr-7807	273	8	overstate	overstate	VERB
cblr-7807	273	9	the	the	DET
cblr-7807	273	10	risk	risk	NOUN
cblr-7807	273	11	of	of	ADP
cblr-7807	273	12	judicial	judicial	ADJ
cblr-7807	273	13	intervention	intervention	NOUN
cblr-7807	273	14	.	.	PUNCT
cblr-7807	274	1	second	second	ADJ
cblr-7807	274	2	,	,	PUNCT
cblr-7807	274	3	they	they	PRON
cblr-7807	274	4	fail	fail	VERB
cblr-7807	274	5	adequately	adequately	ADV
cblr-7807	274	6	to	to	PART
cblr-7807	274	7	distinguish	distinguish	VERB
cblr-7807	274	8	between	between	ADP
cblr-7807	274	9	directors	director	NOUN
cblr-7807	274	10	and	and	CCONJ
cblr-7807	274	11	managers	manager	NOUN
cblr-7807	274	12	,	,	PUNCT
cblr-7807	274	13	even	even	ADV
cblr-7807	274	14	though	though	SCONJ
cblr-7807	274	15	that	that	DET
cblr-7807	274	16	distinction	distinction	NOUN
cblr-7807	274	17	is	be	AUX
cblr-7807	274	18	central	central	ADJ
cblr-7807	274	19	to	to	ADP
cblr-7807	274	20	the	the	DET
cblr-7807	274	21	application	application	NOUN
cblr-7807	274	22	of	of	ADP
cblr-7807	274	23	delaware	delaware	PROPN
cblr-7807	274	24	law	law	PROPN
cblr-7807	274	25	.	.	PUNCT
cblr-7807	275	1	third	third	ADJ
cblr-7807	275	2	,	,	PUNCT
cblr-7807	275	3	i	i	PRON
cblr-7807	275	4	believe	believe	VERB
cblr-7807	275	5	their	their	PRON
cblr-7807	275	6	case	case	NOUN
cblr-7807	275	7	studies	study	NOUN
cblr-7807	275	8	and	and	CCONJ
cblr-7807	275	9	behavioral	behavioral	ADJ
cblr-7807	275	10	analysis	analysis	NOUN
cblr-7807	275	11	imply	imply	VERB
cblr-7807	275	12	that	that	SCONJ
cblr-7807	275	13	judges	judge	NOUN
cblr-7807	275	14	should	should	AUX
cblr-7807	275	15	retain	retain	VERB
cblr-7807	275	16	the	the	DET
cblr-7807	275	17	deference	deference	NOUN
cblr-7807	275	18	to	to	ADP
cblr-7807	275	19	director	director	NOUN
cblr-7807	275	20	decisionmaking	decisionmake	VERB
cblr-7807	275	21	inherent	inherent	ADJ
cblr-7807	275	22	in	in	ADP
cblr-7807	275	23	doctrines	doctrine	NOUN
cblr-7807	275	24	like	like	ADP
cblr-7807	275	25	the	the	DET
cblr-7807	275	26	business	business	NOUN
cblr-7807	275	27	judgment	judgment	NOUN
cblr-7807	275	28	rule	rule	NOUN
cblr-7807	275	29	.	.	PUNCT
cblr-7807	276	1	a.	a.	NOUN
cblr-7807	276	2	is	be	AUX
cblr-7807	276	3	it	it	PRON
cblr-7807	276	4	really	really	ADV
cblr-7807	276	5	just	just	ADV
cblr-7807	276	6	a	a	DET
cblr-7807	276	7	“	"	PUNCT
cblr-7807	276	8	matter	matter	NOUN
cblr-7807	276	9	of	of	ADP
cblr-7807	276	10	time	time	NOUN
cblr-7807	276	11	”	"	PUNCT
cblr-7807	276	12	?	?	PUNCT
cblr-7807	277	1	delaware	delaware	PROPN
cblr-7807	277	2	supreme	supreme	PROPN
cblr-7807	277	3	court	court	PROPN
cblr-7807	277	4	precedent	precedent	NOUN
cblr-7807	277	5	makes	make	VERB
cblr-7807	277	6	clear	clear	ADJ
cblr-7807	277	7	that	that	SCONJ
cblr-7807	277	8	“	"	PUNCT
cblr-7807	277	9	the	the	DET
cblr-7807	277	10	question	question	NOUN
cblr-7807	277	11	of	of	ADP
cblr-7807	277	12	‘	'	PUNCT
cblr-7807	277	13	long	long	ADJ
cblr-7807	277	14	-	-	PUNCT
cblr-7807	277	15	term	term	NOUN
cblr-7807	277	16	’	'	PUNCT
cblr-7807	277	17	versus	versus	ADP
cblr-7807	277	18	‘	'	PUNCT
cblr-7807	277	19	short	short	ADJ
cblr-7807	277	20	-	-	PUNCT
cblr-7807	277	21	term	term	NOUN
cblr-7807	277	22	’	'	PUNCT
cblr-7807	277	23	values	value	NOUN
cblr-7807	277	24	is	be	AUX
cblr-7807	277	25	largely	largely	ADV
cblr-7807	277	26	irrelevant	irrelevant	ADJ
cblr-7807	277	27	because	because	SCONJ
cblr-7807	277	28	directors	director	NOUN
cblr-7807	277	29	,	,	PUNCT
cblr-7807	277	30	generally	generally	ADV
cblr-7807	277	31	,	,	PUNCT
cblr-7807	277	32	are	be	AUX
cblr-7807	277	33	obliged	oblige	VERB
cblr-7807	277	34	to	to	PART
cblr-7807	277	35	chart	chart	VERB
cblr-7807	277	36	a	a	DET
cblr-7807	277	37	course	course	NOUN
cblr-7807	277	38	for	for	ADP
cblr-7807	277	39	a	a	DET
cblr-7807	277	40	corporation	corporation	NOUN
cblr-7807	277	41	which	which	PRON
cblr-7807	277	42	is	be	AUX
cblr-7807	277	43	in	in	ADP
cblr-7807	277	44	its	its	PRON
cblr-7807	277	45	best	good	ADJ
cblr-7807	277	46	interests	interest	NOUN
cblr-7807	277	47	without	without	ADP
cblr-7807	277	48	regard	regard	NOUN
cblr-7807	277	49	to	to	ADP
cblr-7807	277	50	a	a	DET
cblr-7807	277	51	fixed	fix	VERB
cblr-7807	277	52	investment	investment	NOUN
cblr-7807	277	53	horizon	horizon	NOUN
cblr-7807	277	54	.	.	PUNCT
cblr-7807	278	1	”83	”83	ADJ
cblr-7807	278	2	trados	trado	NOUN
cblr-7807	278	3	and	and	CCONJ
cblr-7807	278	4	its	its	PRON
cblr-7807	278	5	ilk	ilk	NOUN
cblr-7807	278	6	do	do	AUX
cblr-7807	278	7	not	not	PART
cblr-7807	278	8	appear	appear	VERB
cblr-7807	278	9	to	to	PART
cblr-7807	278	10	mark	mark	VERB
cblr-7807	278	11	a	a	DET
cblr-7807	278	12	major	major	ADJ
cblr-7807	278	13	shift	shift	NOUN
cblr-7807	278	14	in	in	ADP
cblr-7807	278	15	that	that	DET
cblr-7807	278	16	longstanding	longstanding	ADJ
cblr-7807	278	17	principle	principle	NOUN
cblr-7807	278	18	.	.	PUNCT
cblr-7807	279	1	instead	instead	ADV
cblr-7807	279	2	,	,	PUNCT
cblr-7807	279	3	“	"	PUNCT
cblr-7807	279	4	the	the	DET
cblr-7807	279	5	predominate	predominate	ADJ
cblr-7807	279	6	[	[	X
cblr-7807	279	7	sic	sic	ADJ
cblr-7807	279	8	]	]	PUNCT
cblr-7807	279	9	view	view	NOUN
cblr-7807	279	10	today	today	NOUN
cblr-7807	279	11	”	"	PUNCT
cblr-7807	279	12	remains	remain	VERB
cblr-7807	279	13	that	that	SCONJ
cblr-7807	279	14	“	"	PUNCT
cblr-7807	279	15	directors	director	NOUN
cblr-7807	279	16	have	have	VERB
cblr-7807	279	17	discretion	discretion	NOUN
cblr-7807	279	18	in	in	ADP
cblr-7807	279	19	taking	take	VERB
cblr-7807	279	20	corporate	corporate	ADJ
cblr-7807	279	21	action	action	NOUN
cblr-7807	279	22	,	,	PUNCT
cblr-7807	279	23	80	80	NUM
cblr-7807	279	24	barzuza	barzuza	NOUN
cblr-7807	279	25	&	&	CCONJ
cblr-7807	279	26	talley	talley	PROPN
cblr-7807	279	27	,	,	PUNCT
cblr-7807	279	28	supra	supra	PROPN
cblr-7807	279	29	note	note	NOUN
cblr-7807	279	30	12	12	NUM
cblr-7807	279	31	,	,	PUNCT
cblr-7807	279	32	at	at	ADP
cblr-7807	279	33	185	185	NUM
cblr-7807	279	34	.	.	PUNCT
cblr-7807	280	1	81	81	NUM
cblr-7807	281	1	i	i	PRON
cblr-7807	281	2	d.	d.	PROPN
cblr-7807	281	3	at	at	ADP
cblr-7807	281	4	186	186	NUM
cblr-7807	281	5	.	.	PUNCT
cblr-7807	282	1	82	82	NUM
cblr-7807	283	1	i	i	PROPN
cblr-7807	283	2	d.	d.	PROPN
cblr-7807	283	3	83	83	NUM
cblr-7807	283	4	paramount	paramount	ADJ
cblr-7807	283	5	commc’ns	commc’ns	PROPN
cblr-7807	283	6	,	,	PUNCT
cblr-7807	283	7	inc	inc	PROPN
cblr-7807	283	8	.	.	PROPN
cblr-7807	283	9	v.	v.	PROPN
cblr-7807	283	10	time	time	PROPN
cblr-7807	283	11	inc	inc	PROPN
cblr-7807	283	12	.	.	PROPN
cblr-7807	283	13	,	,	PUNCT
cblr-7807	283	14	571	571	NUM
cblr-7807	283	15	a.2d	a.2d	SYM
cblr-7807	283	16	1140	1140	NUM
cblr-7807	283	17	,	,	PUNCT
cblr-7807	283	18	1150	1150	NUM
cblr-7807	283	19	(	(	PUNCT
cblr-7807	283	20	del	del	PROPN
cblr-7807	283	21	.	.	PROPN
cblr-7807	283	22	1989	1989	NUM
cblr-7807	283	23	)	)	PUNCT
cblr-7807	283	24	.	.	PUNCT
cblr-7807	284	1	bainbridge	bainbridge	PROPN
cblr-7807	284	2	(	(	PUNCT
cblr-7807	284	3	comment	comment	NOUN
cblr-7807	284	4	)	)	PUNCT
cblr-7807	284	5	12/28/2020	12/28/2020	NUM
cblr-7807	284	6	3:25	3:25	NUM
cblr-7807	284	7	pm	pm	NOUN
cblr-7807	284	8	820	820	NUM
cblr-7807	284	9	columbia	columbia	PROPN
cblr-7807	284	10	business	business	NOUN
cblr-7807	284	11	law	law	PROPN
cblr-7807	284	12	review	review	NOUN
cblr-7807	284	13	[	[	X
cblr-7807	284	14	vol	vol	NOUN
cblr-7807	284	15	.	.	X
cblr-7807	284	16	2020	2020	NUM
cblr-7807	284	17	including	include	VERB
cblr-7807	284	18	setting	set	VERB
cblr-7807	284	19	a	a	DET
cblr-7807	284	20	time	time	NOUN
cblr-7807	284	21	horizon	horizon	NOUN
cblr-7807	284	22	that	that	PRON
cblr-7807	284	23	would	would	AUX
cblr-7807	284	24	maximize	maximize	VERB
cblr-7807	284	25	the	the	DET
cblr-7807	284	26	value	value	NOUN
cblr-7807	284	27	of	of	ADP
cblr-7807	284	28	the	the	DET
cblr-7807	284	29	corporation	corporation	NOUN
cblr-7807	284	30	as	as	ADP
cblr-7807	284	31	a	a	DET
cblr-7807	284	32	whole	whole	NOUN
cblr-7807	284	33	.	.	PUNCT
cblr-7807	285	1	”84	”84	NOUN
cblr-7807	285	2	indeed	indeed	ADV
cblr-7807	285	3	,	,	PUNCT
cblr-7807	285	4	vice	vice	NOUN
cblr-7807	285	5	chancellor	chancellor	NOUN
cblr-7807	285	6	laster	laster	NOUN
cblr-7807	285	7	,	,	PUNCT
cblr-7807	285	8	who	who	PRON
cblr-7807	285	9	authored	author	VERB
cblr-7807	285	10	the	the	DET
cblr-7807	285	11	trados	trado	NOUN
cblr-7807	285	12	opinion	opinion	NOUN
cblr-7807	285	13	,	,	PUNCT
cblr-7807	285	14	has	have	AUX
cblr-7807	285	15	acknowledged	acknowledge	VERB
cblr-7807	285	16	that	that	SCONJ
cblr-7807	285	17	management	management	NOUN
cblr-7807	285	18	need	need	AUX
cblr-7807	285	19	not	not	PART
cblr-7807	285	20	always	always	ADV
cblr-7807	285	21	focus	focus	VERB
cblr-7807	285	22	on	on	ADP
cblr-7807	285	23	long	long	ADJ
cblr-7807	285	24	-	-	PUNCT
cblr-7807	285	25	term	term	NOUN
cblr-7807	285	26	projects	project	NOUN
cblr-7807	285	27	:	:	PUNCT
cblr-7807	285	28	“	"	PUNCT
cblr-7807	285	29	a	a	DET
cblr-7807	285	30	fiduciary	fiduciary	ADJ
cblr-7807	285	31	might	might	AUX
cblr-7807	285	32	readily	readily	ADV
cblr-7807	285	33	determine	determine	VERB
cblr-7807	285	34	that	that	SCONJ
cblr-7807	285	35	a	a	DET
cblr-7807	285	36	near	near	ADJ
cblr-7807	285	37	-	-	PUNCT
cblr-7807	285	38	term	term	NOUN
cblr-7807	285	39	sale	sale	NOUN
cblr-7807	285	40	or	or	CCONJ
cblr-7807	285	41	other	other	ADJ
cblr-7807	285	42	shorter	short	ADJ
cblr-7807	285	43	-	-	PUNCT
cblr-7807	285	44	horizon	horizon	NOUN
cblr-7807	285	45	initiative	initiative	NOUN
cblr-7807	285	46	,	,	PUNCT
cblr-7807	285	47	such	such	ADJ
cblr-7807	285	48	as	as	ADP
cblr-7807	285	49	declaring	declare	VERB
cblr-7807	285	50	a	a	DET
cblr-7807	285	51	dividend	dividend	NOUN
cblr-7807	285	52	,	,	PUNCT
cblr-7807	285	53	is	be	AUX
cblr-7807	285	54	value	value	NOUN
cblr-7807	285	55	-	-	PUNCT
cblr-7807	285	56	maximizing	maximizing	NOUN
cblr-7807	285	57	even	even	ADV
cblr-7807	285	58	when	when	SCONJ
cblr-7807	285	59	judged	judge	VERB
cblr-7807	285	60	against	against	ADP
cblr-7807	285	61	the	the	DET
cblr-7807	285	62	long	long	ADJ
cblr-7807	285	63	-	-	PUNCT
cblr-7807	285	64	term	term	NOUN
cblr-7807	285	65	.	.	PUNCT
cblr-7807	286	1	”85	”85	ADJ
cblr-7807	286	2	more	more	ADV
cblr-7807	286	3	generally	generally	ADV
cblr-7807	286	4	,	,	PUNCT
cblr-7807	286	5	in	in	ADP
cblr-7807	286	6	a	a	DET
cblr-7807	286	7	law	law	NOUN
cblr-7807	286	8	review	review	NOUN
cblr-7807	286	9	article	article	NOUN
cblr-7807	286	10	discussing	discuss	VERB
cblr-7807	286	11	the	the	DET
cblr-7807	286	12	fiduciary	fiduciary	ADJ
cblr-7807	286	13	duties	duty	NOUN
cblr-7807	286	14	of	of	ADP
cblr-7807	286	15	directors	director	NOUN
cblr-7807	286	16	faced	face	VERB
cblr-7807	286	17	with	with	ADP
cblr-7807	286	18	an	an	DET
cblr-7807	286	19	activist	activist	ADJ
cblr-7807	286	20	shareholder	shareholder	NOUN
cblr-7807	286	21	,	,	PUNCT
cblr-7807	286	22	laster	laster	PROPN
cblr-7807	286	23	explained	explain	VERB
cblr-7807	286	24	that	that	SCONJ
cblr-7807	286	25	delaware	delaware	PROPN
cblr-7807	286	26	law	law	PROPN
cblr-7807	286	27	creates	create	VERB
cblr-7807	286	28	“	"	PUNCT
cblr-7807	286	29	a	a	DET
cblr-7807	286	30	relatively	relatively	ADV
cblr-7807	286	31	strong	strong	ADJ
cblr-7807	286	32	standard	standard	NOUN
cblr-7807	286	33	of	of	ADP
cblr-7807	286	34	conduct	conduct	NOUN
cblr-7807	286	35	combined	combine	VERB
cblr-7807	286	36	with	with	ADP
cblr-7807	286	37	relatively	relatively	ADV
cblr-7807	286	38	weak	weak	ADJ
cblr-7807	286	39	litigation	litigation	NOUN
cblr-7807	286	40	enforcement	enforcement	NOUN
cblr-7807	286	41	mechanisms	mechanism	NOUN
cblr-7807	286	42	in	in	ADP
cblr-7807	286	43	which	which	PRON
cblr-7807	286	44	the	the	DET
cblr-7807	286	45	strong	strong	ADJ
cblr-7807	286	46	standard	standard	NOUN
cblr-7807	286	47	of	of	ADP
cblr-7807	286	48	conduct	conduct	NOUN
cblr-7807	286	49	is	be	AUX
cblr-7807	286	50	dominated	dominate	VERB
cblr-7807	286	51	by	by	ADP
cblr-7807	286	52	deferential	deferential	ADJ
cblr-7807	286	53	standards	standard	NOUN
cblr-7807	286	54	of	of	ADP
cblr-7807	286	55	review	review	NOUN
cblr-7807	286	56	.	.	PUNCT
cblr-7807	287	1	”86	”86	NOUN
cblr-7807	287	2	as	as	ADP
cblr-7807	287	3	a	a	DET
cblr-7807	287	4	result	result	NOUN
cblr-7807	287	5	,	,	PUNCT
cblr-7807	287	6	“	"	PUNCT
cblr-7807	287	7	[	[	X
cblr-7807	287	8	t]he	t]he	ADV
cblr-7807	287	9	likelihood	likelihood	NOUN
cblr-7807	287	10	of	of	ADP
cblr-7807	287	11	a	a	DET
cblr-7807	287	12	lawsuit	lawsuit	NOUN
cblr-7807	287	13	that	that	PRON
cblr-7807	287	14	can	can	AUX
cblr-7807	287	15	overcome	overcome	VERB
cblr-7807	287	16	the	the	DET
cblr-7807	287	17	business	business	NOUN
cblr-7807	287	18	judgment	judgment	NOUN
cblr-7807	287	19	rule	rule	NOUN
cblr-7807	287	20	is	be	AUX
cblr-7807	287	21	low	low	ADJ
cblr-7807	287	22	.	.	PUNCT
cblr-7807	288	1	”87	”87	PROPN
cblr-7807	288	2	b.	b.	PROPN
cblr-7807	288	3	directors	director	NOUN
cblr-7807	288	4	direct	direct	VERB
cblr-7807	288	5	,	,	PUNCT
cblr-7807	288	6	and	and	CCONJ
cblr-7807	288	7	that	that	SCONJ
cblr-7807	288	8	matters	matter	VERB
cblr-7807	288	9	barzuza	barzuza	NOUN
cblr-7807	288	10	and	and	CCONJ
cblr-7807	288	11	talley	talley	NOUN
cblr-7807	288	12	’s	’s	PART
cblr-7807	288	13	analysis	analysis	NOUN
cblr-7807	288	14	—	—	PUNCT
cblr-7807	288	15	both	both	CCONJ
cblr-7807	288	16	the	the	DET
cblr-7807	288	17	behavioral	behavioral	ADJ
cblr-7807	288	18	economics	economic	NOUN
cblr-7807	288	19	portion	portion	NOUN
cblr-7807	288	20	and	and	CCONJ
cblr-7807	288	21	the	the	DET
cblr-7807	288	22	case	case	NOUN
cblr-7807	288	23	studies	study	NOUN
cblr-7807	288	24	—	—	PUNCT
cblr-7807	288	25	focus	focus	VERB
cblr-7807	288	26	on	on	ADP
cblr-7807	288	27	managers	manager	NOUN
cblr-7807	288	28	.	.	PUNCT
cblr-7807	289	1	but	but	CCONJ
cblr-7807	289	2	courts	court	NOUN
cblr-7807	289	3	rarely	rarely	ADV
cblr-7807	289	4	concern	concern	VERB
cblr-7807	289	5	themselves	themselves	PRON
cblr-7807	289	6	with	with	ADP
cblr-7807	289	7	managers	manager	NOUN
cblr-7807	289	8	.	.	PUNCT
cblr-7807	290	1	instead	instead	ADV
cblr-7807	290	2	,	,	PUNCT
cblr-7807	290	3	most	most	ADJ
cblr-7807	290	4	court	court	NOUN
cblr-7807	290	5	decisions	decision	NOUN
cblr-7807	290	6	dealing	deal	VERB
cblr-7807	290	7	with	with	ADP
cblr-7807	290	8	fiduciary	fiduciary	ADJ
cblr-7807	290	9	duties	duty	NOUN
cblr-7807	290	10	in	in	ADP
cblr-7807	290	11	the	the	DET
cblr-7807	290	12	corporate	corporate	ADJ
cblr-7807	290	13	setting	setting	NOUN
cblr-7807	290	14	are	be	AUX
cblr-7807	290	15	concerned	concern	VERB
cblr-7807	290	16	with	with	ADP
cblr-7807	290	17	directors.88	directors.88	NOUN
cblr-7807	290	18	likewise	likewise	ADV
cblr-7807	290	19	,	,	PUNCT
cblr-7807	290	20	corporate	corporate	ADJ
cblr-7807	290	21	statutes	statute	NOUN
cblr-7807	290	22	make	make	VERB
cblr-7807	290	23	directors	director	NOUN
cblr-7807	290	24	—	—	PUNCT
cblr-7807	290	25	rather	rather	ADV
cblr-7807	290	26	than	than	ADP
cblr-7807	290	27	officers	officer	NOUN
cblr-7807	290	28	—	—	PUNCT
cblr-7807	290	29	responsible	responsible	ADJ
cblr-7807	290	30	for	for	ADP
cblr-7807	290	31	the	the	DET
cblr-7807	290	32	management	management	NOUN
cblr-7807	290	33	of	of	ADP
cblr-7807	290	34	the	the	DET
cblr-7807	290	35	firm.89	firm.89	NOUN
cblr-7807	290	36	responsibility	responsibility	NOUN
cblr-7807	290	37	84	84	NUM
cblr-7807	290	38	shachar	shachar	NOUN
cblr-7807	290	39	nir	nir	NOUN
cblr-7807	290	40	,	,	PUNCT
cblr-7807	290	41	one	one	NUM
cblr-7807	290	42	duty	duty	NOUN
cblr-7807	290	43	to	to	ADP
cblr-7807	290	44	all	all	PRON
cblr-7807	290	45	:	:	PUNCT
cblr-7807	290	46	the	the	DET
cblr-7807	290	47	fiduciary	fiduciary	ADJ
cblr-7807	290	48	duty	duty	NOUN
cblr-7807	290	49	of	of	ADP
cblr-7807	290	50	impartiality	impartiality	NOUN
cblr-7807	290	51	and	and	CCONJ
cblr-7807	290	52	stockholders	stockholder	NOUN
cblr-7807	290	53	’	'	PUNCT
cblr-7807	290	54	conflict	conflict	NOUN
cblr-7807	290	55	of	of	ADP
cblr-7807	290	56	interest	interest	NOUN
cblr-7807	290	57	,	,	PUNCT
cblr-7807	290	58	16	16	NUM
cblr-7807	290	59	hastings	hastings	PROPN
cblr-7807	290	60	bus	bus	NOUN
cblr-7807	290	61	.	.	PUNCT
cblr-7807	291	1	l.j	l.j	PROPN
cblr-7807	291	2	.	.	PROPN
cblr-7807	291	3	1	1	NUM
cblr-7807	291	4	,	,	PUNCT
cblr-7807	291	5	31	31	NUM
cblr-7807	291	6	(	(	PUNCT
cblr-7807	291	7	2020	2020	NUM
cblr-7807	291	8	)	)	PUNCT
cblr-7807	291	9	.	.	PUNCT
cblr-7807	292	1	85	85	NUM
cblr-7807	292	2	frederick	frederick	PROPN
cblr-7807	292	3	hsu	hsu	PROPN
cblr-7807	292	4	living	live	VERB
cblr-7807	292	5	tr	tr	VERB
cblr-7807	292	6	.	.	PUNCT
cblr-7807	293	1	v.	v.	ADP
cblr-7807	293	2	odn	odn	PROPN
cblr-7807	293	3	holding	holding	PROPN
cblr-7807	293	4	corp	corp	PROPN
cblr-7807	293	5	.	.	PROPN
cblr-7807	293	6	,	,	PUNCT
cblr-7807	293	7	no	no	INTJ
cblr-7807	293	8	.	.	NOUN
cblr-7807	293	9	12108	12108	NUM
cblr-7807	293	10	-	-	PUNCT
cblr-7807	293	11	vcl	vcl	NOUN
cblr-7807	293	12	,	,	PUNCT
cblr-7807	293	13	2017	2017	NUM
cblr-7807	293	14	wl	wl	NOUN
cblr-7807	293	15	1437308	1437308	NUM
cblr-7807	293	16	,	,	PUNCT
cblr-7807	293	17	at	at	ADP
cblr-7807	293	18	*	*	NUM
cblr-7807	293	19	19	19	NUM
cblr-7807	293	20	(	(	PUNCT
cblr-7807	293	21	del	del	PROPN
cblr-7807	293	22	.	.	PROPN
cblr-7807	293	23	ch	ch	PROPN
cblr-7807	293	24	.	.	PUNCT
cblr-7807	293	25	apr	apr	PROPN
cblr-7807	293	26	.	.	PROPN
cblr-7807	293	27	14	14	NUM
cblr-7807	293	28	,	,	PUNCT
cblr-7807	293	29	2017	2017	NUM
cblr-7807	293	30	)	)	PUNCT
cblr-7807	293	31	,	,	PUNCT
cblr-7807	293	32	as	as	SCONJ
cblr-7807	293	33	corrected	correct	VERB
cblr-7807	293	34	,	,	PUNCT
cblr-7807	293	35	(	(	PUNCT
cblr-7807	293	36	apr	apr	NOUN
cblr-7807	293	37	.	.	PROPN
cblr-7807	293	38	24	24	NUM
cblr-7807	293	39	,	,	PUNCT
cblr-7807	293	40	2017	2017	NUM
cblr-7807	293	41	)	)	PUNCT
cblr-7807	293	42	.	.	PUNCT
cblr-7807	294	1	86	86	NUM
cblr-7807	294	2	j.	j.	PROPN
cblr-7807	294	3	travis	travis	PROPN
cblr-7807	294	4	laster	laster	PROPN
cblr-7807	294	5	,	,	PUNCT
cblr-7807	294	6	fiduciary	fiduciary	ADJ
cblr-7807	294	7	duties	duty	NOUN
cblr-7807	294	8	in	in	ADP
cblr-7807	294	9	activist	activist	ADJ
cblr-7807	294	10	situations	situation	NOUN
cblr-7807	294	11	,	,	PUNCT
cblr-7807	294	12	13	13	NUM
cblr-7807	294	13	va	va	NOUN
cblr-7807	294	14	.	.	PUNCT
cblr-7807	294	15	l.	l.	PROPN
cblr-7807	294	16	&	&	CCONJ
cblr-7807	294	17	bus	bus	PROPN
cblr-7807	294	18	.	.	PUNCT
cblr-7807	295	1	rev	rev	PROPN
cblr-7807	295	2	.	.	PROPN
cblr-7807	295	3	75	75	NUM
cblr-7807	295	4	,	,	PUNCT
cblr-7807	295	5	99	99	NUM
cblr-7807	295	6	(	(	PUNCT
cblr-7807	295	7	2019	2019	NUM
cblr-7807	295	8	)	)	PUNCT
cblr-7807	295	9	.	.	PUNCT
cblr-7807	296	1	87	87	NUM
cblr-7807	297	1	i	i	PRON
cblr-7807	297	2	d.	d.	PROPN
cblr-7807	297	3	88	88	NUM
cblr-7807	297	4	cf	cf	NOUN
cblr-7807	297	5	.	.	PUNCT
cblr-7807	298	1	martin	martin	PROPN
cblr-7807	298	2	petrin	petrin	PROPN
cblr-7807	298	3	,	,	PUNCT
cblr-7807	298	4	corporate	corporate	ADJ
cblr-7807	298	5	management	management	NOUN
cblr-7807	298	6	in	in	ADP
cblr-7807	298	7	the	the	DET
cblr-7807	298	8	age	age	NOUN
cblr-7807	298	9	of	of	ADP
cblr-7807	298	10	ai	ai	PROPN
cblr-7807	298	11	,	,	PUNCT
cblr-7807	298	12	2019	2019	NUM
cblr-7807	298	13	colum	colum	NOUN
cblr-7807	298	14	.	.	PUNCT
cblr-7807	299	1	bus	bus	NOUN
cblr-7807	299	2	.	.	PUNCT
cblr-7807	300	1	l.	l.	PROPN
cblr-7807	300	2	rev	rev	PROPN
cblr-7807	300	3	.	.	PROPN
cblr-7807	301	1	965	965	NUM
cblr-7807	301	2	,	,	PUNCT
cblr-7807	301	3	1012	1012	NUM
cblr-7807	301	4	(	(	PUNCT
cblr-7807	301	5	noting	note	VERB
cblr-7807	301	6	that	that	SCONJ
cblr-7807	301	7	“	"	PUNCT
cblr-7807	301	8	fiduciary	fiduciary	ADJ
cblr-7807	301	9	duty	duty	NOUN
cblr-7807	301	10	lawsuits	lawsuit	NOUN
cblr-7807	301	11	against	against	ADP
cblr-7807	301	12	officers	officer	NOUN
cblr-7807	301	13	have	have	AUX
cblr-7807	301	14	been	be	AUX
cblr-7807	301	15	rare	rare	ADJ
cblr-7807	301	16	”	"	PUNCT
cblr-7807	301	17	)	)	PUNCT
cblr-7807	301	18	.	.	PUNCT
cblr-7807	302	1	89	89	NUM
cblr-7807	302	2	see	see	VERB
cblr-7807	302	3	,	,	PUNCT
cblr-7807	302	4	e.g.	e.g.	ADV
cblr-7807	302	5	,	,	PUNCT
cblr-7807	302	6	del	del	PROPN
cblr-7807	302	7	.	.	PROPN
cblr-7807	302	8	code	code	PROPN
cblr-7807	302	9	ann	ann	PROPN
cblr-7807	302	10	.	.	PUNCT
cblr-7807	303	1	tit	tit	PROPN
cblr-7807	303	2	.	.	PROPN
cblr-7807	304	1	8	8	NUM
cblr-7807	304	2	,	,	PUNCT
cblr-7807	304	3	§	§	PROPN
cblr-7807	304	4	141(a	141(a	NUM
cblr-7807	304	5	)	)	PUNCT
cblr-7807	304	6	(	(	PUNCT
cblr-7807	304	7	2020	2020	NUM
cblr-7807	304	8	)	)	PUNCT
cblr-7807	304	9	(	(	PUNCT
cblr-7807	304	10	“	"	PUNCT
cblr-7807	304	11	the	the	DET
cblr-7807	304	12	business	business	NOUN
cblr-7807	304	13	and	and	CCONJ
cblr-7807	304	14	affairs	affair	NOUN
cblr-7807	304	15	of	of	ADP
cblr-7807	304	16	every	every	DET
cblr-7807	304	17	corporation	corporation	NOUN
cblr-7807	304	18	organized	organize	VERB
cblr-7807	304	19	under	under	ADP
cblr-7807	304	20	this	this	DET
cblr-7807	304	21	chapter	chapter	NOUN
cblr-7807	304	22	shall	shall	AUX
cblr-7807	304	23	be	be	AUX
cblr-7807	304	24	managed	manage	VERB
cblr-7807	304	25	by	by	ADP
cblr-7807	304	26	or	or	CCONJ
cblr-7807	304	27	under	under	ADP
cblr-7807	304	28	the	the	DET
cblr-7807	304	29	direction	direction	NOUN
cblr-7807	304	30	of	of	ADP
cblr-7807	304	31	a	a	DET
cblr-7807	304	32	board	board	NOUN
cblr-7807	304	33	of	of	ADP
cblr-7807	304	34	directors	director	NOUN
cblr-7807	304	35	[	[	X
cblr-7807	304	36	.	.	X
cblr-7807	304	37	]	]	X
cblr-7807	304	38	”	"	PUNCT
cblr-7807	304	39	)	)	PUNCT
cblr-7807	304	40	.	.	PUNCT
cblr-7807	305	1	bainbridge	bainbridge	PROPN
cblr-7807	305	2	(	(	PUNCT
cblr-7807	305	3	comment	comment	NOUN
cblr-7807	305	4	)	)	PUNCT
cblr-7807	305	5	12/28/2020	12/28/2020	NUM
cblr-7807	305	6	3:25	3:25	NUM
cblr-7807	305	7	pm	pm	NOUN
cblr-7807	305	8	no	no	INTJ
cblr-7807	305	9	.	.	PUNCT
cblr-7807	306	1	3:801	3:801	NUM
cblr-7807	306	2	]	]	X
cblr-7807	306	3	long	long	ADJ
cblr-7807	306	4	-	-	PUNCT
cblr-7807	306	5	term	term	NOUN
cblr-7807	306	6	bias	bias	NOUN
cblr-7807	306	7	and	and	CCONJ
cblr-7807	306	8	director	director	NOUN
cblr-7807	306	9	primacy	primacy	NOUN
cblr-7807	306	10	821	821	NUM
cblr-7807	306	11	for	for	ADP
cblr-7807	306	12	monitoring	monitor	VERB
cblr-7807	306	13	and	and	CCONJ
cblr-7807	306	14	constraining	constrain	VERB
cblr-7807	306	15	overconfident	overconfident	ADJ
cblr-7807	306	16	managers	manager	NOUN
cblr-7807	306	17	thus	thus	ADV
cblr-7807	306	18	is	be	AUX
cblr-7807	306	19	a	a	DET
cblr-7807	306	20	task	task	NOUN
cblr-7807	306	21	the	the	DET
cblr-7807	306	22	law	law	NOUN
cblr-7807	306	23	traditionally	traditionally	ADV
cblr-7807	306	24	assigns	assign	VERB
cblr-7807	306	25	to	to	ADP
cblr-7807	306	26	boards	board	NOUN
cblr-7807	306	27	of	of	ADP
cblr-7807	306	28	directors	director	NOUN
cblr-7807	306	29	rather	rather	ADV
cblr-7807	306	30	than	than	ADP
cblr-7807	306	31	judges	judge	NOUN
cblr-7807	306	32	,	,	PUNCT
cblr-7807	306	33	and	and	CCONJ
cblr-7807	306	34	there	there	PRON
cblr-7807	306	35	are	be	VERB
cblr-7807	306	36	good	good	ADJ
cblr-7807	306	37	reasons	reason	NOUN
cblr-7807	306	38	to	to	PART
cblr-7807	306	39	think	think	VERB
cblr-7807	306	40	this	this	DET
cblr-7807	306	41	assignment	assignment	NOUN
cblr-7807	306	42	remains	remain	VERB
cblr-7807	306	43	optimal	optimal	ADJ
cblr-7807	306	44	we	we	PRON
cblr-7807	306	45	know	know	VERB
cblr-7807	306	46	,	,	PUNCT
cblr-7807	306	47	for	for	ADP
cblr-7807	306	48	example	example	NOUN
cblr-7807	306	49	,	,	PUNCT
cblr-7807	306	50	that	that	SCONJ
cblr-7807	306	51	merely	merely	ADV
cblr-7807	306	52	warning	warn	VERB
cblr-7807	306	53	decisionmakers	decisionmaker	NOUN
cblr-7807	306	54	to	to	PART
cblr-7807	306	55	be	be	AUX
cblr-7807	306	56	careful	careful	ADJ
cblr-7807	306	57	to	to	PART
cblr-7807	306	58	avoid	avoid	VERB
cblr-7807	306	59	overconfidence	overconfidence	NOUN
cblr-7807	306	60	does	do	AUX
cblr-7807	306	61	not	not	PART
cblr-7807	306	62	appear	appear	VERB
cblr-7807	306	63	to	to	PART
cblr-7807	306	64	be	be	AUX
cblr-7807	306	65	sufficient	sufficient	ADJ
cblr-7807	306	66	to	to	PART
cblr-7807	306	67	overcome	overcome	VERB
cblr-7807	306	68	that	that	SCONJ
cblr-7807	306	69	bias.90	bias.90	ADV
cblr-7807	306	70	instead	instead	ADV
cblr-7807	306	71	,	,	PUNCT
cblr-7807	306	72	one	one	PRON
cblr-7807	306	73	must	must	AUX
cblr-7807	306	74	induce	induce	VERB
cblr-7807	306	75	decisionmakers	decisionmaker	NOUN
cblr-7807	306	76	to	to	PART
cblr-7807	306	77	think	think	VERB
cblr-7807	306	78	actively	actively	ADV
cblr-7807	306	79	about	about	ADP
cblr-7807	306	80	potential	potential	ADJ
cblr-7807	306	81	weaknesses	weakness	NOUN
cblr-7807	306	82	in	in	ADP
cblr-7807	306	83	their	their	PRON
cblr-7807	306	84	plans	plan	NOUN
cblr-7807	306	85	and	and	CCONJ
cblr-7807	306	86	ask	ask	VERB
cblr-7807	306	87	them	they	PRON
cblr-7807	306	88	to	to	PART
cblr-7807	306	89	anticipate	anticipate	VERB
cblr-7807	306	90	objections.91	objections.91	PRON
cblr-7807	306	91	we	we	PRON
cblr-7807	306	92	also	also	ADV
cblr-7807	306	93	know	know	VERB
cblr-7807	306	94	that	that	SCONJ
cblr-7807	306	95	one	one	PRON
cblr-7807	306	96	can	can	AUX
cblr-7807	306	97	minimize	minimize	VERB
cblr-7807	306	98	the	the	DET
cblr-7807	306	99	impact	impact	NOUN
cblr-7807	306	100	of	of	ADP
cblr-7807	306	101	the	the	DET
cblr-7807	306	102	overconfidence	overconfidence	NOUN
cblr-7807	306	103	bias	bias	NOUN
cblr-7807	306	104	by	by	ADP
cblr-7807	306	105	soliciting	solicit	VERB
cblr-7807	306	106	so	so	ADV
cblr-7807	306	107	-	-	PUNCT
cblr-7807	306	108	called	call	VERB
cblr-7807	306	109	“	"	PUNCT
cblr-7807	306	110	outside	outside	ADJ
cblr-7807	306	111	views”—statistical	views”—statistical	ADJ
cblr-7807	306	112	analyses	analysis	NOUN
cblr-7807	306	113	and	and	CCONJ
cblr-7807	306	114	aggregate	aggregate	ADJ
cblr-7807	306	115	data	datum	NOUN
cblr-7807	306	116	about	about	ADP
cblr-7807	306	117	outcomes	outcome	NOUN
cblr-7807	306	118	from	from	ADP
cblr-7807	306	119	similar	similar	ADJ
cblr-7807	306	120	projects	project	NOUN
cblr-7807	306	121	carried	carry	VERB
cblr-7807	306	122	out	out	ADP
cblr-7807	306	123	by	by	ADP
cblr-7807	306	124	others.92	others.92	NOUN
cblr-7807	306	125	finally	finally	ADV
cblr-7807	306	126	,	,	PUNCT
cblr-7807	306	127	as	as	SCONJ
cblr-7807	306	128	barzuza	barzuza	NOUN
cblr-7807	306	129	and	and	CCONJ
cblr-7807	306	130	talley	talley	PROPN
cblr-7807	306	131	observe	observe	PROPN
cblr-7807	306	132	,	,	PUNCT
cblr-7807	306	133	a	a	DET
cblr-7807	306	134	key	key	ADJ
cblr-7807	306	135	constraint	constraint	NOUN
cblr-7807	306	136	on	on	ADP
cblr-7807	306	137	the	the	DET
cblr-7807	306	138	overconfidence	overconfidence	NOUN
cblr-7807	306	139	bias	bias	NOUN
cblr-7807	306	140	is	be	AUX
cblr-7807	306	141	clear	clear	ADJ
cblr-7807	306	142	and	and	CCONJ
cblr-7807	306	143	prompt	prompt	VERB
cblr-7807	306	144	feedback.93	feedback.93	NOUN
cblr-7807	306	145	all	all	PRON
cblr-7807	306	146	of	of	ADP
cblr-7807	306	147	these	these	DET
cblr-7807	306	148	approaches	approach	NOUN
cblr-7807	306	149	are	be	AUX
cblr-7807	306	150	better	well	ADV
cblr-7807	306	151	suited	suited	ADJ
cblr-7807	306	152	for	for	ADP
cblr-7807	306	153	a	a	DET
cblr-7807	306	154	board	board	NOUN
cblr-7807	306	155	than	than	ADP
cblr-7807	306	156	for	for	ADP
cblr-7807	306	157	outsiders	outsider	NOUN
cblr-7807	306	158	such	such	ADJ
cblr-7807	306	159	as	as	ADP
cblr-7807	306	160	judges	judge	NOUN
cblr-7807	306	161	(	(	PUNCT
cblr-7807	306	162	or	or	CCONJ
cblr-7807	306	163	,	,	PUNCT
cblr-7807	306	164	pertinently	pertinently	ADV
cblr-7807	306	165	to	to	ADP
cblr-7807	306	166	the	the	DET
cblr-7807	306	167	next	next	ADJ
cblr-7807	306	168	part	part	NOUN
cblr-7807	306	169	,	,	PUNCT
cblr-7807	306	170	shareholders	shareholder	NOUN
cblr-7807	306	171	)	)	PUNCT
cblr-7807	306	172	.	.	PUNCT
cblr-7807	307	1	ensuring	ensure	VERB
cblr-7807	307	2	that	that	SCONJ
cblr-7807	307	3	managers	manager	NOUN
cblr-7807	307	4	get	get	VERB
cblr-7807	307	5	feedback	feedback	NOUN
cblr-7807	307	6	from	from	ADP
cblr-7807	307	7	outside	outside	ADJ
cblr-7807	307	8	perspectives	perspective	NOUN
cblr-7807	307	9	is	be	AUX
cblr-7807	307	10	inherent	inherent	ADJ
cblr-7807	307	11	in	in	ADP
cblr-7807	307	12	the	the	DET
cblr-7807	307	13	structure	structure	NOUN
cblr-7807	307	14	of	of	ADP
cblr-7807	307	15	the	the	DET
cblr-7807	307	16	modern	modern	ADJ
cblr-7807	307	17	public	public	ADJ
cblr-7807	307	18	corporation	corporation	PROPN
cblr-7807	307	19	board	board	NOUN
cblr-7807	307	20	of	of	ADP
cblr-7807	307	21	directors	director	NOUN
cblr-7807	307	22	.	.	PUNCT
cblr-7807	308	1	stock	stock	NOUN
cblr-7807	308	2	exchange	exchange	NOUN
cblr-7807	308	3	listing	list	VERB
cblr-7807	308	4	standards	standard	NOUN
cblr-7807	308	5	mandate	mandate	VERB
cblr-7807	308	6	that	that	SCONJ
cblr-7807	308	7	public	public	ADJ
cblr-7807	308	8	companies	company	NOUN
cblr-7807	308	9	have	have	VERB
cblr-7807	308	10	at	at	ADV
cblr-7807	308	11	least	least	ADJ
cblr-7807	308	12	a	a	DET
cblr-7807	308	13	majority	majority	NOUN
cblr-7807	308	14	of	of	ADP
cblr-7807	308	15	independent	independent	ADJ
cblr-7807	308	16	directors.94	directors.94	NOUN
cblr-7807	308	17	in	in	ADP
cblr-7807	308	18	practice	practice	NOUN
cblr-7807	308	19	,	,	PUNCT
cblr-7807	308	20	larger	large	ADJ
cblr-7807	308	21	public	public	ADJ
cblr-7807	308	22	companies	company	NOUN
cblr-7807	308	23	commonly	commonly	ADV
cblr-7807	308	24	have	have	VERB
cblr-7807	308	25	one	one	NUM
cblr-7807	308	26	or	or	CCONJ
cblr-7807	308	27	,	,	PUNCT
cblr-7807	308	28	at	at	ADP
cblr-7807	308	29	most	most	ADJ
cblr-7807	308	30	,	,	PUNCT
cblr-7807	308	31	two	two	NUM
cblr-7807	308	32	inside	inside	ADJ
cblr-7807	308	33	directors	director	NOUN
cblr-7807	308	34	,	,	PUNCT
cblr-7807	308	35	with	with	ADP
cblr-7807	308	36	the	the	DET
cblr-7807	308	37	rest	rest	NOUN
cblr-7807	308	38	being	be	AUX
cblr-7807	308	39	independent.95	independent.95	NOUN
cblr-7807	308	40	one	one	NUM
cblr-7807	308	41	of	of	ADP
cblr-7807	308	42	the	the	DET
cblr-7807	308	43	90	90	NUM
cblr-7807	308	44	russell	russell	PROPN
cblr-7807	308	45	korobkin	korobkin	PROPN
cblr-7807	308	46	,	,	PUNCT
cblr-7807	308	47	psychological	psychological	ADJ
cblr-7807	308	48	impediments	impediment	NOUN
cblr-7807	308	49	to	to	ADP
cblr-7807	308	50	mediation	mediation	NOUN
cblr-7807	308	51	success	success	NOUN
cblr-7807	308	52	:	:	PUNCT
cblr-7807	308	53	theory	theory	NOUN
cblr-7807	308	54	and	and	CCONJ
cblr-7807	308	55	practice	practice	NOUN
cblr-7807	308	56	,	,	PUNCT
cblr-7807	308	57	21	21	NUM
cblr-7807	308	58	ohio	ohio	PROPN
cblr-7807	308	59	st	st	PROPN
cblr-7807	308	60	.	.	PROPN
cblr-7807	308	61	j.	j.	PROPN
cblr-7807	308	62	on	on	ADP
cblr-7807	308	63	disp	disp	PROPN
cblr-7807	308	64	.	.	PUNCT
cblr-7807	309	1	resol	resol	PROPN
cblr-7807	309	2	.	.	PUNCT
cblr-7807	310	1	281	281	NUM
cblr-7807	310	2	,	,	PUNCT
cblr-7807	310	3	294–95	294–95	NUM
cblr-7807	310	4	(	(	PUNCT
cblr-7807	310	5	2006	2006	NUM
cblr-7807	310	6	)	)	PUNCT
cblr-7807	310	7	.	.	PUNCT
cblr-7807	311	1	91	91	NUM
cblr-7807	311	2	cf	cf	NOUN
cblr-7807	311	3	.	.	PUNCT
cblr-7807	312	1	i	i	PRON
cblr-7807	312	2	d.	d.	PROPN
cblr-7807	312	3	at	at	ADP
cblr-7807	312	4	295	295	NUM
cblr-7807	312	5	(	(	PUNCT
cblr-7807	312	6	discussing	discuss	VERB
cblr-7807	312	7	this	this	DET
cblr-7807	312	8	strategy	strategy	NOUN
cblr-7807	312	9	in	in	ADP
cblr-7807	312	10	the	the	DET
cblr-7807	312	11	mediation	mediation	NOUN
cblr-7807	312	12	setting	setting	NOUN
cblr-7807	312	13	)	)	PUNCT
cblr-7807	312	14	.	.	PUNCT
cblr-7807	313	1	92	92	NUM
cblr-7807	313	2	barzuza	barzuza	NOUN
cblr-7807	313	3	&	&	CCONJ
cblr-7807	313	4	talley	talley	PROPN
cblr-7807	313	5	,	,	PUNCT
cblr-7807	313	6	supra	supra	PROPN
cblr-7807	313	7	note	note	NOUN
cblr-7807	313	8	12	12	NUM
cblr-7807	313	9	,	,	PUNCT
cblr-7807	313	10	at	at	ADP
cblr-7807	313	11	147–48	147–48	NUM
cblr-7807	313	12	.	.	PUNCT
cblr-7807	314	1	93	93	NUM
cblr-7807	314	2	see	see	VERB
cblr-7807	314	3	i	i	PRON
cblr-7807	314	4	d.	d.	PROPN
cblr-7807	314	5	at	at	ADP
cblr-7807	314	6	151	151	NUM
cblr-7807	314	7	(	(	PUNCT
cblr-7807	314	8	“	"	PUNCT
cblr-7807	314	9	several	several	ADJ
cblr-7807	314	10	researchers	researcher	NOUN
cblr-7807	314	11	have	have	AUX
cblr-7807	314	12	found	find	VERB
cblr-7807	314	13	that	that	SCONJ
cblr-7807	314	14	the	the	DET
cblr-7807	314	15	mere	mere	ADJ
cblr-7807	314	16	expectation	expectation	NOUN
cblr-7807	314	17	of	of	ADP
cblr-7807	314	18	clear	clear	ADJ
cblr-7807	314	19	and	and	CCONJ
cblr-7807	314	20	immediate	immediate	ADJ
cblr-7807	314	21	feedback	feedback	NOUN
cblr-7807	314	22	dampens	dampen	VERB
cblr-7807	314	23	undue	undue	ADJ
cblr-7807	314	24	optimism	optimism	NOUN
cblr-7807	314	25	in	in	ADP
cblr-7807	314	26	making	make	VERB
cblr-7807	314	27	predictions	prediction	NOUN
cblr-7807	314	28	.	.	PUNCT
cblr-7807	314	29	”	"	PUNCT
cblr-7807	314	30	)	)	PUNCT
cblr-7807	314	31	.	.	PUNCT
cblr-7807	315	1	94	94	NUM
cblr-7807	315	2	see	see	VERB
cblr-7807	315	3	roberta	roberta	PROPN
cblr-7807	315	4	romano	romano	PROPN
cblr-7807	315	5	,	,	PUNCT
cblr-7807	315	6	the	the	DET
cblr-7807	315	7	sarbanes	sarbanes	PROPN
cblr-7807	315	8	-	-	PUNCT
cblr-7807	315	9	oxley	oxley	ADJ
cblr-7807	315	10	act	act	NOUN
cblr-7807	315	11	and	and	CCONJ
cblr-7807	315	12	the	the	DET
cblr-7807	315	13	making	making	NOUN
cblr-7807	315	14	of	of	ADP
cblr-7807	315	15	quack	quack	ADJ
cblr-7807	315	16	corporate	corporate	ADJ
cblr-7807	315	17	governance	governance	NOUN
cblr-7807	315	18	,	,	PUNCT
cblr-7807	315	19	114	114	NUM
cblr-7807	315	20	yale	yale	PROPN
cblr-7807	315	21	l.j	l.j	PROPN
cblr-7807	315	22	.	.	PROPN
cblr-7807	315	23	1521	1521	NUM
cblr-7807	315	24	,	,	PUNCT
cblr-7807	315	25	1575	1575	NUM
cblr-7807	315	26	n.156	n.156	PROPN
cblr-7807	315	27	(	(	PUNCT
cblr-7807	315	28	2005	2005	NUM
cblr-7807	315	29	)	)	PUNCT
cblr-7807	315	30	(	(	PUNCT
cblr-7807	315	31	noting	note	VERB
cblr-7807	315	32	that	that	SCONJ
cblr-7807	315	33	the	the	DET
cblr-7807	315	34	stock	stock	NOUN
cblr-7807	315	35	exchanges	exchange	NOUN
cblr-7807	315	36	have	have	AUX
cblr-7807	315	37	“	"	PUNCT
cblr-7807	315	38	amended	amend	VERB
cblr-7807	315	39	their	their	PRON
cblr-7807	315	40	listing	listing	NOUN
cblr-7807	315	41	requirements	requirement	NOUN
cblr-7807	315	42	to	to	PART
cblr-7807	315	43	require	require	VERB
cblr-7807	315	44	listed	list	VERB
cblr-7807	315	45	companies	company	NOUN
cblr-7807	315	46	to	to	PART
cblr-7807	315	47	have	have	VERB
cblr-7807	315	48	a	a	DET
cblr-7807	315	49	majority	majority	NOUN
cblr-7807	315	50	of	of	ADP
cblr-7807	315	51	independent	independent	ADJ
cblr-7807	315	52	directors	director	NOUN
cblr-7807	315	53	on	on	ADP
cblr-7807	315	54	their	their	PRON
cblr-7807	315	55	boards	board	NOUN
cblr-7807	315	56	and	and	CCONJ
cblr-7807	315	57	completely	completely	ADV
cblr-7807	315	58	independent	independent	ADJ
cblr-7807	315	59	nominating	nominating	NOUN
cblr-7807	315	60	and	and	CCONJ
cblr-7807	315	61	compensation	compensation	NOUN
cblr-7807	315	62	committees	committee	NOUN
cblr-7807	315	63	”	"	PUNCT
cblr-7807	315	64	)	)	PUNCT
cblr-7807	315	65	.	.	PUNCT
cblr-7807	316	1	95	95	NUM
cblr-7807	316	2	see	see	VERB
cblr-7807	316	3	jeffrey	jeffrey	PROPN
cblr-7807	316	4	n.	n.	PROPN
cblr-7807	316	5	gordon	gordon	PROPN
cblr-7807	316	6	,	,	PUNCT
cblr-7807	316	7	the	the	DET
cblr-7807	316	8	rise	rise	NOUN
cblr-7807	316	9	of	of	ADP
cblr-7807	316	10	independent	independent	ADJ
cblr-7807	316	11	directors	director	NOUN
cblr-7807	316	12	in	in	ADP
cblr-7807	316	13	the	the	DET
cblr-7807	316	14	united	united	PROPN
cblr-7807	316	15	states	states	PROPN
cblr-7807	316	16	,	,	PUNCT
cblr-7807	316	17	1950	1950	NUM
cblr-7807	316	18	-	-	SYM
cblr-7807	316	19	2005	2005	NUM
cblr-7807	316	20	:	:	PUNCT
cblr-7807	316	21	of	of	ADP
cblr-7807	316	22	shareholder	shareholder	NOUN
cblr-7807	316	23	value	value	NOUN
cblr-7807	316	24	and	and	CCONJ
cblr-7807	316	25	stock	stock	NOUN
cblr-7807	316	26	market	market	NOUN
cblr-7807	316	27	prices	price	NOUN
cblr-7807	316	28	,	,	PUNCT
cblr-7807	316	29	59	59	NUM
cblr-7807	316	30	stan	stan	PROPN
cblr-7807	316	31	.	.	PUNCT
cblr-7807	317	1	l.	l.	PROPN
cblr-7807	317	2	rev	rev	PROPN
cblr-7807	317	3	.	.	PROPN
cblr-7807	317	4	1465	1465	NUM
cblr-7807	317	5	,	,	PUNCT
cblr-7807	317	6	1476	1476	NUM
cblr-7807	317	7	(	(	PUNCT
cblr-7807	317	8	2007	2007	NUM
cblr-7807	317	9	)	)	PUNCT
cblr-7807	317	10	(	(	PUNCT
cblr-7807	317	11	“	"	PUNCT
cblr-7807	317	12	large	large	ADJ
cblr-7807	317	13	public	public	ADJ
cblr-7807	317	14	firms	firm	NOUN
cblr-7807	317	15	have	have	AUX
cblr-7807	317	16	moved	move	VERB
cblr-7807	317	17	to	to	ADP
cblr-7807	317	18	a	a	DET
cblr-7807	317	19	bainbridge	bainbridge	NOUN
cblr-7807	317	20	(	(	PUNCT
cblr-7807	317	21	comment	comment	NOUN
cblr-7807	317	22	)	)	PUNCT
cblr-7807	317	23	12/28/2020	12/28/2020	NUM
cblr-7807	317	24	3:25	3:25	NUM
cblr-7807	317	25	pm	pm	NOUN
cblr-7807	317	26	822	822	NUM
cblr-7807	317	27	columbia	columbia	PROPN
cblr-7807	317	28	business	business	NOUN
cblr-7807	317	29	law	law	PROPN
cblr-7807	317	30	review	review	NOUN
cblr-7807	318	1	[	[	X
cblr-7807	318	2	vol	vol	NOUN
cblr-7807	318	3	.	.	PUNCT
cblr-7807	318	4	2020	2020	NUM
cblr-7807	318	5	principal	principal	ADJ
cblr-7807	318	6	justifications	justification	NOUN
cblr-7807	318	7	for	for	ADP
cblr-7807	318	8	this	this	DET
cblr-7807	318	9	trend	trend	NOUN
cblr-7807	318	10	is	be	AUX
cblr-7807	318	11	that	that	SCONJ
cblr-7807	318	12	independent	independent	ADJ
cblr-7807	318	13	directors	director	NOUN
cblr-7807	318	14	bring	bring	VERB
cblr-7807	318	15	outside	outside	ADJ
cblr-7807	318	16	perspectives	perspective	NOUN
cblr-7807	318	17	to	to	PART
cblr-7807	318	18	bear.96	bear.96	VERB
cblr-7807	318	19	although	although	SCONJ
cblr-7807	318	20	insiders	insider	NOUN
cblr-7807	318	21	could	could	AUX
cblr-7807	318	22	hire	hire	VERB
cblr-7807	318	23	outside	outside	ADJ
cblr-7807	318	24	consultants	consultant	NOUN
cblr-7807	318	25	to	to	PART
cblr-7807	318	26	provide	provide	VERB
cblr-7807	318	27	such	such	ADJ
cblr-7807	318	28	perspectives	perspective	NOUN
cblr-7807	318	29	,	,	PUNCT
cblr-7807	318	30	insiders	insider	NOUN
cblr-7807	318	31	only	only	ADV
cblr-7807	318	32	can	can	AUX
cblr-7807	318	33	“	"	PUNCT
cblr-7807	318	34	be	be	AUX
cblr-7807	318	35	forced	force	VERB
cblr-7807	318	36	both	both	PRON
cblr-7807	318	37	to	to	PART
cblr-7807	318	38	expose	expose	VERB
cblr-7807	318	39	their	their	PRON
cblr-7807	318	40	biases	bias	NOUN
cblr-7807	318	41	and	and	CCONJ
cblr-7807	318	42	to	to	PART
cblr-7807	318	43	take	take	VERB
cblr-7807	318	44	dissonant	dissonant	ADJ
cblr-7807	318	45	viewpoints	viewpoint	NOUN
cblr-7807	318	46	seriously	seriously	ADV
cblr-7807	318	47	”	"	PUNCT
cblr-7807	318	48	if	if	SCONJ
cblr-7807	318	49	they	they	PRON
cblr-7807	318	50	cede	cede	VERB
cblr-7807	318	51	“	"	PUNCT
cblr-7807	318	52	formal	formal	ADJ
cblr-7807	318	53	power	power	NOUN
cblr-7807	318	54	to	to	ADP
cblr-7807	318	55	a	a	DET
cblr-7807	318	56	more	more	ADV
cblr-7807	318	57	objective	objective	ADJ
cblr-7807	318	58	group	group	NOUN
cblr-7807	318	59	of	of	ADP
cblr-7807	318	60	outsiders	outsider	NOUN
cblr-7807	318	61	(	(	PUNCT
cblr-7807	319	1	[	[	X
cblr-7807	319	2	by	by	ADP
cblr-7807	319	3	]	]	PUNCT
cblr-7807	319	4	making	make	VERB
cblr-7807	319	5	them	they	PRON
cblr-7807	319	6	directors).”97	directors).”97	NOUN
cblr-7807	319	7	c.	c.	NOUN
cblr-7807	319	8	the	the	DET
cblr-7807	319	9	judges	judge	NOUN
cblr-7807	319	10	are	be	AUX
cblr-7807	319	11	not	not	PART
cblr-7807	319	12	business	business	NOUN
cblr-7807	319	13	experts	expert	NOUN
cblr-7807	319	14	some	some	DET
cblr-7807	319	15	readers	reader	NOUN
cblr-7807	319	16	might	might	AUX
cblr-7807	319	17	concede	concede	VERB
cblr-7807	319	18	that	that	SCONJ
cblr-7807	319	19	boards	board	NOUN
cblr-7807	319	20	of	of	ADP
cblr-7807	319	21	directors	director	NOUN
cblr-7807	319	22	ought	ought	AUX
cblr-7807	319	23	to	to	PART
cblr-7807	319	24	be	be	AUX
cblr-7807	319	25	the	the	DET
cblr-7807	319	26	front	front	ADJ
cblr-7807	319	27	-	-	PUNCT
cblr-7807	319	28	line	line	NOUN
cblr-7807	319	29	defense	defense	NOUN
cblr-7807	319	30	against	against	ADP
cblr-7807	319	31	managerial	managerial	ADJ
cblr-7807	319	32	overconfidence	overconfidence	NOUN
cblr-7807	319	33	but	but	CCONJ
cblr-7807	319	34	still	still	ADV
cblr-7807	319	35	argue	argue	VERB
cblr-7807	319	36	that	that	SCONJ
cblr-7807	319	37	,	,	PUNCT
cblr-7807	319	38	because	because	SCONJ
cblr-7807	319	39	boards	board	NOUN
cblr-7807	319	40	often	often	ADV
cblr-7807	319	41	fail	fail	VERB
cblr-7807	319	42	adequately	adequately	ADV
cblr-7807	319	43	to	to	PART
cblr-7807	319	44	monitor	monitor	VERB
cblr-7807	319	45	management	management	NOUN
cblr-7807	319	46	,	,	PUNCT
cblr-7807	319	47	judicial	judicial	ADJ
cblr-7807	319	48	review	review	NOUN
cblr-7807	319	49	might	might	AUX
cblr-7807	319	50	be	be	AUX
cblr-7807	319	51	a	a	DET
cblr-7807	319	52	useful	useful	ADJ
cblr-7807	319	53	backup	backup	ADJ
cblr-7807	319	54	mechanism	mechanism	NOUN
cblr-7807	319	55	for	for	ADP
cblr-7807	319	56	policing	police	VERB
cblr-7807	319	57	managerial	managerial	ADJ
cblr-7807	319	58	hyperopia	hyperopia	NOUN
cblr-7807	319	59	.	.	PUNCT
cblr-7807	320	1	barzuza	barzuza	NOUN
cblr-7807	320	2	and	and	CCONJ
cblr-7807	320	3	talley	talley	NOUN
cblr-7807	320	4	come	come	VERB
cblr-7807	320	5	closest	close	ADJ
cblr-7807	320	6	to	to	ADP
cblr-7807	320	7	doing	do	VERB
cblr-7807	320	8	so	so	ADV
cblr-7807	320	9	in	in	ADP
cblr-7807	320	10	connection	connection	NOUN
cblr-7807	320	11	with	with	ADP
cblr-7807	320	12	judicial	judicial	ADJ
cblr-7807	320	13	review	review	NOUN
cblr-7807	320	14	of	of	ADP
cblr-7807	320	15	target	target	NOUN
cblr-7807	320	16	company	company	NOUN
cblr-7807	320	17	resistance	resistance	NOUN
cblr-7807	320	18	to	to	ADP
cblr-7807	320	19	unsolicited	unsolicited	ADJ
cblr-7807	320	20	takeover	takeover	NOUN
cblr-7807	320	21	bids	bid	NOUN
cblr-7807	320	22	.	.	PUNCT
cblr-7807	321	1	although	although	SCONJ
cblr-7807	321	2	they	they	PRON
cblr-7807	321	3	acknowledge	acknowledge	VERB
cblr-7807	321	4	that	that	SCONJ
cblr-7807	321	5	the	the	DET
cblr-7807	321	6	law	law	NOUN
cblr-7807	321	7	of	of	ADP
cblr-7807	321	8	corporate	corporate	ADJ
cblr-7807	321	9	takeovers	takeover	NOUN
cblr-7807	321	10	is	be	AUX
cblr-7807	321	11	unlikely	unlikely	ADJ
cblr-7807	321	12	to	to	PART
cblr-7807	321	13	change	change	VERB
cblr-7807	321	14	dramatically	dramatically	ADV
cblr-7807	321	15	,	,	PUNCT
cblr-7807	321	16	they	they	PRON
cblr-7807	321	17	argue	argue	VERB
cblr-7807	321	18	that	that	SCONJ
cblr-7807	321	19	“	"	PUNCT
cblr-7807	321	20	[	[	X
cblr-7807	321	21	their	their	PRON
cblr-7807	321	22	]	]	X
cblr-7807	321	23	analysis	analysis	NOUN
cblr-7807	321	24	suggests	suggest	VERB
cblr-7807	321	25	the	the	DET
cblr-7807	321	26	distinct	distinct	ADJ
cblr-7807	321	27	cost	cost	NOUN
cblr-7807	321	28	of	of	ADP
cblr-7807	321	29	placing	place	VERB
cblr-7807	321	30	too	too	ADV
cblr-7807	321	31	much	much	ADJ
cblr-7807	321	32	discretion	discretion	NOUN
cblr-7807	321	33	in	in	ADP
cblr-7807	321	34	the	the	DET
cblr-7807	321	35	hands	hand	NOUN
cblr-7807	321	36	of	of	ADP
cblr-7807	321	37	overconfident	overconfident	ADJ
cblr-7807	321	38	managers	manager	NOUN
cblr-7807	321	39	;	;	PUNCT
cblr-7807	321	40	at	at	ADP
cblr-7807	321	41	the	the	DET
cblr-7807	321	42	very	very	ADV
cblr-7807	321	43	least	least	ADJ
cblr-7807	321	44	,	,	PUNCT
cblr-7807	321	45	the	the	DET
cblr-7807	321	46	potential	potential	ADJ
cblr-7807	321	47	danger	danger	NOUN
cblr-7807	321	48	of	of	ADP
cblr-7807	321	49	longtermism	longtermism	NOUN
cblr-7807	321	50	should	should	AUX
cblr-7807	321	51	factor	factor	VERB
cblr-7807	321	52	into	into	ADP
cblr-7807	321	53	the	the	DET
cblr-7807	321	54	analysis	analysis	NOUN
cblr-7807	321	55	.	.	PUNCT
cblr-7807	322	1	”98	”98	PUNCT
cblr-7807	322	2	what	what	PRON
cblr-7807	322	3	i	i	PRON
cblr-7807	322	4	take	take	VERB
cblr-7807	322	5	away	away	ADV
cblr-7807	322	6	from	from	ADP
cblr-7807	322	7	their	their	PRON
cblr-7807	322	8	article	article	NOUN
cblr-7807	322	9	,	,	PUNCT
cblr-7807	322	10	however	however	ADV
cblr-7807	322	11	,	,	PUNCT
cblr-7807	322	12	is	be	AUX
cblr-7807	322	13	that	that	SCONJ
cblr-7807	322	14	judicial	judicial	ADJ
cblr-7807	322	15	deference	deference	NOUN
cblr-7807	322	16	to	to	PART
cblr-7807	322	17	board	board	NOUN
cblr-7807	322	18	decisions	decision	NOUN
cblr-7807	322	19	remains	remain	VERB
cblr-7807	322	20	the	the	DET
cblr-7807	322	21	optimal	optimal	ADJ
cblr-7807	322	22	rule	rule	NOUN
cblr-7807	322	23	in	in	ADP
cblr-7807	322	24	both	both	CCONJ
cblr-7807	322	25	operational	operational	ADJ
cblr-7807	322	26	and	and	CCONJ
cblr-7807	322	27	takeover	takeover	NOUN
cblr-7807	322	28	settings	setting	NOUN
cblr-7807	322	29	because	because	SCONJ
cblr-7807	322	30	of	of	ADP
cblr-7807	322	31	the	the	DET
cblr-7807	322	32	challenges	challenge	NOUN
cblr-7807	322	33	involved	involve	VERB
cblr-7807	322	34	in	in	ADP
cblr-7807	322	35	judicial	judicial	ADJ
cblr-7807	322	36	assessment	assessment	NOUN
cblr-7807	322	37	of	of	ADP
cblr-7807	322	38	behavioral	behavioral	ADJ
cblr-7807	322	39	pattern	pattern	NOUN
cblr-7807	322	40	of	of	ADP
cblr-7807	322	41	one	one	NUM
cblr-7807	322	42	,	,	PUNCT
cblr-7807	322	43	perhaps	perhaps	ADV
cblr-7807	322	44	two	two	NUM
cblr-7807	322	45	,	,	PUNCT
cblr-7807	322	46	inside	inside	ADP
cblr-7807	322	47	directors	director	NOUN
cblr-7807	322	48	and	and	CCONJ
cblr-7807	322	49	an	an	DET
cblr-7807	322	50	increasing	increase	VERB
cblr-7807	322	51	number	number	NOUN
cblr-7807	322	52	of	of	ADP
cblr-7807	322	53	independent	independent	ADJ
cblr-7807	322	54	directors	director	NOUN
cblr-7807	322	55	.	.	PUNCT
cblr-7807	322	56	”	"	PUNCT
cblr-7807	322	57	)	)	PUNCT
cblr-7807	322	58	.	.	PUNCT
cblr-7807	323	1	96	96	NUM
cblr-7807	323	2	see	see	VERB
cblr-7807	323	3	donald	donald	PROPN
cblr-7807	323	4	c.	c.	PROPN
cblr-7807	323	5	langevoort	langevoort	PROPN
cblr-7807	323	6	,	,	PUNCT
cblr-7807	323	7	the	the	DET
cblr-7807	323	8	human	human	ADJ
cblr-7807	323	9	nature	nature	NOUN
cblr-7807	323	10	of	of	ADP
cblr-7807	323	11	corporate	corporate	ADJ
cblr-7807	323	12	boards	board	NOUN
cblr-7807	323	13	:	:	PUNCT
cblr-7807	323	14	law	law	NOUN
cblr-7807	323	15	,	,	PUNCT
cblr-7807	323	16	norms	norm	NOUN
cblr-7807	323	17	,	,	PUNCT
cblr-7807	323	18	and	and	CCONJ
cblr-7807	323	19	the	the	DET
cblr-7807	323	20	unintended	unintended	ADJ
cblr-7807	323	21	consequences	consequence	NOUN
cblr-7807	323	22	of	of	ADP
cblr-7807	323	23	independence	independence	NOUN
cblr-7807	323	24	and	and	CCONJ
cblr-7807	323	25	accountability	accountability	NOUN
cblr-7807	323	26	,	,	PUNCT
cblr-7807	324	1	89	89	NUM
cblr-7807	324	2	geo	geo	PROPN
cblr-7807	324	3	.	.	PUNCT
cblr-7807	324	4	l.j	l.j	PROPN
cblr-7807	324	5	.	.	PROPN
cblr-7807	324	6	797	797	NUM
cblr-7807	324	7	,	,	PUNCT
cblr-7807	324	8	797	797	NUM
cblr-7807	324	9	(	(	PUNCT
cblr-7807	324	10	2001	2001	NUM
cblr-7807	324	11	)	)	PUNCT
cblr-7807	324	12	(	(	PUNCT
cblr-7807	324	13	“	"	PUNCT
cblr-7807	324	14	absent	absent	VERB
cblr-7807	324	15	some	some	DET
cblr-7807	324	16	sort	sort	NOUN
cblr-7807	324	17	of	of	ADP
cblr-7807	324	18	crisis	crisis	NOUN
cblr-7807	324	19	,	,	PUNCT
cblr-7807	324	20	outside	outside	ADP
cblr-7807	324	21	members	member	NOUN
cblr-7807	324	22	see	see	VERB
cblr-7807	324	23	their	their	PRON
cblr-7807	324	24	value	value	NOUN
cblr-7807	324	25	largely	largely	ADV
cblr-7807	324	26	in	in	ADP
cblr-7807	324	27	terms	term	NOUN
cblr-7807	324	28	of	of	ADP
cblr-7807	324	29	constructive	constructive	ADJ
cblr-7807	324	30	advice	advice	NOUN
cblr-7807	324	31	,	,	PUNCT
cblr-7807	324	32	giving	give	VERB
cblr-7807	324	33	insiders	insider	NOUN
cblr-7807	324	34	the	the	DET
cblr-7807	324	35	benefit	benefit	NOUN
cblr-7807	324	36	of	of	ADP
cblr-7807	324	37	an	an	DET
cblr-7807	324	38	expert	expert	ADJ
cblr-7807	324	39	external	external	ADJ
cblr-7807	324	40	perspective	perspective	NOUN
cblr-7807	324	41	on	on	ADP
cblr-7807	324	42	the	the	DET
cblr-7807	324	43	company	company	NOUN
cblr-7807	324	44	’s	’s	PART
cblr-7807	324	45	uncertain	uncertain	ADJ
cblr-7807	324	46	world	world	NOUN
cblr-7807	324	47	.	.	PUNCT
cblr-7807	324	48	”	"	PUNCT
cblr-7807	324	49	)	)	PUNCT
cblr-7807	324	50	.	.	PUNCT
cblr-7807	325	1	97	97	NUM
cblr-7807	326	1	i	i	PRON
cblr-7807	326	2	d.	d.	PROPN
cblr-7807	326	3	at	at	ADP
cblr-7807	326	4	803	803	NUM
cblr-7807	326	5	.	.	PUNCT
cblr-7807	327	1	98	98	NUM
cblr-7807	328	1	the	the	DET
cblr-7807	328	2	quoted	quote	VERB
cblr-7807	328	3	analysis	analysis	NOUN
cblr-7807	328	4	appears	appear	VERB
cblr-7807	328	5	in	in	ADP
cblr-7807	328	6	a	a	DET
cblr-7807	328	7	discussion	discussion	NOUN
cblr-7807	328	8	of	of	ADP
cblr-7807	328	9	judicial	judicial	ADJ
cblr-7807	328	10	supervision	supervision	NOUN
cblr-7807	328	11	of	of	ADP
cblr-7807	328	12	managerial	managerial	ADJ
cblr-7807	328	13	biases	bias	NOUN
cblr-7807	328	14	.	.	PUNCT
cblr-7807	329	1	see	see	VERB
cblr-7807	329	2	barzuza	barzuza	PROPN
cblr-7807	329	3	&	&	CCONJ
cblr-7807	329	4	talley	talley	PROPN
cblr-7807	329	5	,	,	PUNCT
cblr-7807	329	6	supra	supra	PROPN
cblr-7807	329	7	note	note	NOUN
cblr-7807	329	8	12	12	NUM
cblr-7807	329	9	,	,	PUNCT
cblr-7807	329	10	at	at	ADP
cblr-7807	329	11	189	189	NUM
cblr-7807	329	12	.	.	PUNCT
cblr-7807	330	1	bainbridge	bainbridge	PROPN
cblr-7807	330	2	(	(	PUNCT
cblr-7807	330	3	comment	comment	NOUN
cblr-7807	330	4	)	)	PUNCT
cblr-7807	330	5	12/28/2020	12/28/2020	NUM
cblr-7807	330	6	3:25	3:25	NUM
cblr-7807	330	7	pm	pm	NOUN
cblr-7807	330	8	no	no	INTJ
cblr-7807	330	9	.	.	PUNCT
cblr-7807	331	1	3:801	3:801	NUM
cblr-7807	331	2	]	]	X
cblr-7807	331	3	long	long	ADJ
cblr-7807	331	4	-	-	PUNCT
cblr-7807	331	5	term	term	NOUN
cblr-7807	331	6	bias	bias	NOUN
cblr-7807	331	7	and	and	CCONJ
cblr-7807	331	8	director	director	NOUN
cblr-7807	331	9	primacy	primacy	NOUN
cblr-7807	331	10	823	823	NUM
cblr-7807	331	11	biases.99	biases.99	NOUN
cblr-7807	331	12	over	over	ADP
cblr-7807	331	13	a	a	DET
cblr-7807	331	14	century	century	NOUN
cblr-7807	331	15	ago	ago	ADV
cblr-7807	331	16	,	,	PUNCT
cblr-7807	331	17	the	the	DET
cblr-7807	331	18	michigan	michigan	PROPN
cblr-7807	331	19	supreme	supreme	PROPN
cblr-7807	331	20	court	court	PROPN
cblr-7807	331	21	famously	famously	ADV
cblr-7807	331	22	opined	opine	VERB
cblr-7807	331	23	that	that	SCONJ
cblr-7807	331	24	“	"	PUNCT
cblr-7807	331	25	judges	judge	NOUN
cblr-7807	331	26	are	be	AUX
cblr-7807	331	27	not	not	PART
cblr-7807	331	28	business	business	NOUN
cblr-7807	331	29	experts	expert	NOUN
cblr-7807	331	30	.	.	PUNCT
cblr-7807	331	31	”100	”100	PUNCT
cblr-7807	332	1	although	although	SCONJ
cblr-7807	332	2	that	that	DET
cblr-7807	332	3	aphorism	aphorism	NOUN
cblr-7807	332	4	can	can	AUX
cblr-7807	332	5	not	not	PART
cblr-7807	332	6	be	be	AUX
cblr-7807	332	7	a	a	DET
cblr-7807	332	8	complete	complete	ADJ
cblr-7807	332	9	explanation	explanation	NOUN
cblr-7807	332	10	for	for	ADP
cblr-7807	332	11	the	the	DET
cblr-7807	332	12	business	business	NOUN
cblr-7807	332	13	judgment	judgment	NOUN
cblr-7807	332	14	rule	rule	NOUN
cblr-7807	332	15	,	,	PUNCT
cblr-7807	332	16	it	it	PRON
cblr-7807	332	17	is	be	AUX
cblr-7807	332	18	an	an	DET
cblr-7807	332	19	important	important	ADJ
cblr-7807	332	20	part	part	NOUN
cblr-7807	332	21	of	of	ADP
cblr-7807	332	22	the	the	DET
cblr-7807	332	23	justification.101	justification.101	PROPN
cblr-7807	332	24	as	as	SCONJ
cblr-7807	332	25	eric	eric	PROPN
cblr-7807	332	26	posner	posner	PROPN
cblr-7807	332	27	usefully	usefully	ADV
cblr-7807	332	28	explained	explain	VERB
cblr-7807	332	29	,	,	PUNCT
cblr-7807	332	30	many	many	ADJ
cblr-7807	332	31	judges	judge	NOUN
cblr-7807	332	32	are	be	AUX
cblr-7807	332	33	“	"	PUNCT
cblr-7807	332	34	radically	radically	ADV
cblr-7807	332	35	incompetent”102	incompetent”102	ADV
cblr-7807	332	36	when	when	SCONJ
cblr-7807	332	37	it	it	PRON
cblr-7807	332	38	comes	come	VERB
cblr-7807	332	39	to	to	ADP
cblr-7807	332	40	business	business	NOUN
cblr-7807	332	41	issues	issue	NOUN
cblr-7807	332	42	:	:	PUNCT
cblr-7807	333	1	[	[	X
cblr-7807	333	2	c]ourts	c]ourt	NOUN
cblr-7807	333	3	have	have	VERB
cblr-7807	333	4	trouble	trouble	NOUN
cblr-7807	333	5	understanding	understand	VERB
cblr-7807	333	6	the	the	DET
cblr-7807	333	7	simplest	simplest	NOUN
cblr-7807	333	8	of	of	ADP
cblr-7807	333	9	business	business	NOUN
cblr-7807	333	10	relationships	relationship	NOUN
cblr-7807	333	11	.	.	PUNCT
cblr-7807	334	1	this	this	PRON
cblr-7807	334	2	is	be	AUX
cblr-7807	334	3	not	not	PART
cblr-7807	334	4	surprising	surprising	ADJ
cblr-7807	334	5	.	.	PUNCT
cblr-7807	335	1	judges	judge	NOUN
cblr-7807	335	2	must	must	AUX
cblr-7807	335	3	be	be	AUX
cblr-7807	335	4	generalists	generalist	NOUN
cblr-7807	335	5	,	,	PUNCT
cblr-7807	335	6	but	but	CCONJ
cblr-7807	335	7	they	they	PRON
cblr-7807	335	8	usually	usually	ADV
cblr-7807	335	9	have	have	VERB
cblr-7807	335	10	narrow	narrow	ADJ
cblr-7807	335	11	backgrounds	background	NOUN
cblr-7807	335	12	in	in	ADP
cblr-7807	335	13	a	a	DET
cblr-7807	335	14	particular	particular	ADJ
cblr-7807	335	15	field	field	NOUN
cblr-7807	335	16	of	of	ADP
cblr-7807	335	17	the	the	DET
cblr-7807	335	18	law	law	NOUN
cblr-7807	335	19	.	.	PUNCT
cblr-7807	336	1	moreover	moreover	ADV
cblr-7807	336	2	,	,	PUNCT
cblr-7807	336	3	they	they	PRON
cblr-7807	336	4	often	often	ADV
cblr-7807	336	5	owe	owe	VERB
cblr-7807	336	6	their	their	PRON
cblr-7807	336	7	positions	position	NOUN
cblr-7807	336	8	to	to	ADP
cblr-7807	336	9	political	political	ADJ
cblr-7807	336	10	connections	connection	NOUN
cblr-7807	336	11	,	,	PUNCT
cblr-7807	336	12	not	not	PART
cblr-7807	336	13	to	to	PART
cblr-7807	336	14	merit	merit	VERB
cblr-7807	336	15	.	.	PUNCT
cblr-7807	337	1	their	their	PRON
cblr-7807	337	2	frequent	frequent	ADJ
cblr-7807	337	3	failure	failure	NOUN
cblr-7807	337	4	to	to	PART
cblr-7807	337	5	understand	understand	VERB
cblr-7807	337	6	transactions	transaction	NOUN
cblr-7807	337	7	is	be	AUX
cblr-7807	337	8	well	well	ADV
cblr-7807	337	9	-	-	PUNCT
cblr-7807	337	10	documented	document	VERB
cblr-7807	337	11	.	.	PUNCT
cblr-7807	338	1	one	one	NUM
cblr-7807	338	2	survey	survey	NOUN
cblr-7807	338	3	of	of	ADP
cblr-7807	338	4	cases	case	NOUN
cblr-7807	338	5	involving	involve	VERB
cblr-7807	338	6	consumer	consumer	NOUN
cblr-7807	338	7	credit	credit	NOUN
cblr-7807	338	8	,	,	PUNCT
cblr-7807	338	9	for	for	ADP
cblr-7807	338	10	example	example	NOUN
cblr-7807	338	11	,	,	PUNCT
cblr-7807	338	12	showed	show	VERB
cblr-7807	338	13	that	that	SCONJ
cblr-7807	338	14	the	the	DET
cblr-7807	338	15	judges	judge	NOUN
cblr-7807	338	16	did	do	AUX
cblr-7807	338	17	not	not	PART
cblr-7807	338	18	even	even	ADV
cblr-7807	338	19	understand	understand	VERB
cblr-7807	338	20	the	the	DET
cblr-7807	338	21	concept	concept	NOUN
cblr-7807	338	22	of	of	ADP
cblr-7807	338	23	present	present	ADJ
cblr-7807	338	24	value	value	NOUN
cblr-7807	338	25	.	.	PUNCT
cblr-7807	338	26	.	.	PUNCT
cblr-7807	338	27	.	.	PUNCT
cblr-7807	338	28	.	.	PUNCT
cblr-7807	339	1	skepticism	skepticism	NOUN
cblr-7807	339	2	about	about	ADP
cblr-7807	339	3	the	the	DET
cblr-7807	339	4	quality	quality	NOUN
cblr-7807	339	5	of	of	ADP
cblr-7807	339	6	judicial	judicial	ADJ
cblr-7807	339	7	decisionmaking	decisionmaking	NOUN
cblr-7807	339	8	is	be	AUX
cblr-7807	339	9	reflected	reflect	VERB
cblr-7807	339	10	in	in	ADP
cblr-7807	339	11	many	many	ADJ
cblr-7807	339	12	legal	legal	ADJ
cblr-7807	339	13	doctrines	doctrine	NOUN
cblr-7807	339	14	,	,	PUNCT
cblr-7807	339	15	including	include	VERB
cblr-7807	339	16	the	the	DET
cblr-7807	339	17	business	business	NOUN
cblr-7807	339	18	judgment	judgment	NOUN
cblr-7807	339	19	rule	rule	NOUN
cblr-7807	339	20	in	in	ADP
cblr-7807	339	21	corporate	corporate	ADJ
cblr-7807	339	22	law	law	NOUN
cblr-7807	339	23	,	,	PUNCT
cblr-7807	339	24	which	which	PRON
cblr-7807	339	25	restrains	restrain	VERB
cblr-7807	339	26	courts	court	NOUN
cblr-7807	339	27	from	from	ADP
cblr-7807	339	28	secondguessing	secondguesse	VERB
cblr-7807	339	29	managers	manager	NOUN
cblr-7807	339	30	and	and	CCONJ
cblr-7807	339	31	directors[.]103	directors[.]103	NOUN
cblr-7807	339	32	99	99	NUM
cblr-7807	339	33	to	to	PART
cblr-7807	339	34	be	be	AUX
cblr-7807	339	35	sure	sure	ADJ
cblr-7807	339	36	,	,	PUNCT
cblr-7807	339	37	in	in	ADP
cblr-7807	339	38	the	the	DET
cblr-7807	339	39	takeover	takeover	NOUN
cblr-7807	339	40	setting	setting	NOUN
cblr-7807	339	41	,	,	PUNCT
cblr-7807	339	42	the	the	DET
cblr-7807	339	43	board	board	NOUN
cblr-7807	339	44	of	of	ADP
cblr-7807	339	45	directors	director	NOUN
cblr-7807	339	46	’	'	PUNCT
cblr-7807	339	47	inherent	inherent	ADJ
cblr-7807	339	48	conflict	conflict	NOUN
cblr-7807	339	49	of	of	ADP
cblr-7807	339	50	interest	interest	NOUN
cblr-7807	339	51	justifies	justify	VERB
cblr-7807	339	52	some	some	DET
cblr-7807	339	53	preliminary	preliminary	ADJ
cblr-7807	339	54	analysis	analysis	NOUN
cblr-7807	339	55	of	of	ADP
cblr-7807	339	56	the	the	DET
cblr-7807	339	57	board	board	NOUN
cblr-7807	339	58	’s	’s	PART
cblr-7807	339	59	motives	motive	NOUN
cblr-7807	339	60	before	before	SCONJ
cblr-7807	339	61	a	a	DET
cblr-7807	339	62	court	court	NOUN
cblr-7807	339	63	defers	defer	VERB
cblr-7807	339	64	to	to	ADP
cblr-7807	339	65	their	their	PRON
cblr-7807	339	66	decision	decision	NOUN
cblr-7807	339	67	.	.	PUNCT
cblr-7807	340	1	see	see	VERB
cblr-7807	340	2	stephen	stephen	PROPN
cblr-7807	340	3	m.	m.	PROPN
cblr-7807	340	4	bainbridge	bainbridge	PROPN
cblr-7807	340	5	,	,	PUNCT
cblr-7807	340	6	unocal	unocal	PROPN
cblr-7807	340	7	at	at	ADP
cblr-7807	340	8	20	20	NUM
cblr-7807	340	9	:	:	PUNCT
cblr-7807	340	10	director	director	NOUN
cblr-7807	340	11	primacy	primacy	NOUN
cblr-7807	340	12	in	in	ADP
cblr-7807	340	13	corporate	corporate	ADJ
cblr-7807	340	14	takeovers	takeover	NOUN
cblr-7807	340	15	,	,	PUNCT
cblr-7807	340	16	31	31	NUM
cblr-7807	340	17	del	del	PROPN
cblr-7807	340	18	.	.	PROPN
cblr-7807	340	19	j.	j.	PROPN
cblr-7807	340	20	corp	corp	PROPN
cblr-7807	340	21	.	.	PROPN
cblr-7807	340	22	l.	l.	PROPN
cblr-7807	340	23	769	769	NUM
cblr-7807	340	24	,	,	PUNCT
cblr-7807	340	25	862	862	NUM
cblr-7807	340	26	(	(	PUNCT
cblr-7807	340	27	2006	2006	NUM
cblr-7807	340	28	)	)	PUNCT
cblr-7807	340	29	(	(	PUNCT
cblr-7807	340	30	“	"	PUNCT
cblr-7807	340	31	[	[	X
cblr-7807	340	32	i]f	i]f	X
cblr-7807	340	33	[	[	PUNCT
cblr-7807	340	34	the	the	DET
cblr-7807	340	35	board	board	NOUN
cblr-7807	340	36	acts	act	VERB
cblr-7807	340	37	properly	properly	ADV
cblr-7807	340	38	]	]	PUNCT
cblr-7807	340	39	,	,	PUNCT
cblr-7807	340	40	respect	respect	NOUN
cblr-7807	340	41	for	for	ADP
cblr-7807	340	42	authority	authority	NOUN
cblr-7807	340	43	values	value	NOUN
cblr-7807	340	44	will	will	AUX
cblr-7807	340	45	require	require	VERB
cblr-7807	340	46	the	the	DET
cblr-7807	340	47	court	court	NOUN
cblr-7807	340	48	to	to	PART
cblr-7807	340	49	defer	defer	VERB
cblr-7807	340	50	to	to	ADP
cblr-7807	340	51	the	the	DET
cblr-7807	340	52	board	board	NOUN
cblr-7807	340	53	’s	’s	PART
cblr-7807	340	54	substantive	substantive	ADJ
cblr-7807	340	55	decisions	decision	NOUN
cblr-7807	340	56	.	.	PUNCT
cblr-7807	341	1	the	the	DET
cblr-7807	341	2	board	board	NOUN
cblr-7807	341	3	has	have	VERB
cblr-7807	341	4	legitimate	legitimate	ADJ
cblr-7807	341	5	authority	authority	NOUN
cblr-7807	341	6	in	in	ADP
cblr-7807	341	7	the	the	DET
cblr-7807	341	8	takeover	takeover	NOUN
cblr-7807	341	9	context	context	NOUN
cblr-7807	341	10	,	,	PUNCT
cblr-7807	341	11	just	just	ADV
cblr-7807	341	12	as	as	SCONJ
cblr-7807	341	13	it	it	PRON
cblr-7807	341	14	has	have	AUX
cblr-7807	341	15	in	in	ADP
cblr-7807	341	16	proxy	proxy	ADJ
cblr-7807	341	17	contests	contest	NOUN
cblr-7807	341	18	and	and	CCONJ
cblr-7807	341	19	a	a	DET
cblr-7807	341	20	host	host	NOUN
cblr-7807	341	21	of	of	ADP
cblr-7807	341	22	other	other	ADJ
cblr-7807	341	23	decisions	decision	NOUN
cblr-7807	341	24	that	that	PRON
cblr-7807	341	25	nominally	nominally	ADV
cblr-7807	341	26	appear	appear	VERB
cblr-7807	341	27	to	to	PART
cblr-7807	341	28	belong	belong	VERB
cblr-7807	341	29	to	to	ADP
cblr-7807	341	30	the	the	DET
cblr-7807	341	31	shareholders	shareholder	NOUN
cblr-7807	341	32	.	.	PUNCT
cblr-7807	341	33	”	"	PUNCT
cblr-7807	341	34	)	)	PUNCT
cblr-7807	341	35	.	.	PUNCT
cblr-7807	342	1	100	100	NUM
cblr-7807	342	2	dodge	dodge	VERB
cblr-7807	342	3	v.	v.	ADP
cblr-7807	342	4	ford	ford	PROPN
cblr-7807	342	5	motor	motor	PROPN
cblr-7807	342	6	co.	co.	PROPN
cblr-7807	342	7	,	,	PUNCT
cblr-7807	342	8	170	170	NUM
cblr-7807	342	9	n.w	n.w	NOUN
cblr-7807	342	10	.	.	PROPN
cblr-7807	342	11	668	668	NUM
cblr-7807	342	12	,	,	PUNCT
cblr-7807	342	13	684	684	NUM
cblr-7807	342	14	(	(	PUNCT
cblr-7807	342	15	mich	mich	PROPN
cblr-7807	342	16	.	.	PROPN
cblr-7807	342	17	1919	1919	NUM
cblr-7807	342	18	)	)	PUNCT
cblr-7807	342	19	.	.	PUNCT
cblr-7807	343	1	101	101	NUM
cblr-7807	343	2	see	see	VERB
cblr-7807	343	3	stephen	stephen	PROPN
cblr-7807	343	4	m.	m.	PROPN
cblr-7807	343	5	bainbridge	bainbridge	PROPN
cblr-7807	343	6	,	,	PUNCT
cblr-7807	343	7	the	the	DET
cblr-7807	343	8	business	business	NOUN
cblr-7807	343	9	judgment	judgment	NOUN
cblr-7807	343	10	rule	rule	NOUN
cblr-7807	343	11	as	as	ADP
cblr-7807	343	12	abstention	abstention	NOUN
cblr-7807	343	13	doctrine	doctrine	NOUN
cblr-7807	343	14	,	,	PUNCT
cblr-7807	343	15	57	57	NUM
cblr-7807	343	16	vand	vand	NOUN
cblr-7807	343	17	.	.	PUNCT
cblr-7807	344	1	l.	l.	PROPN
cblr-7807	344	2	rev	rev	PROPN
cblr-7807	344	3	.	.	PROPN
cblr-7807	344	4	83	83	NUM
cblr-7807	344	5	,	,	PUNCT
cblr-7807	344	6	117–24	117–24	PROPN
cblr-7807	344	7	(	(	PUNCT
cblr-7807	344	8	2004	2004	NUM
cblr-7807	344	9	)	)	PUNCT
cblr-7807	344	10	(	(	PUNCT
cblr-7807	344	11	explaining	explain	VERB
cblr-7807	344	12	how	how	SCONJ
cblr-7807	344	13	the	the	DET
cblr-7807	344	14	judicial	judicial	ADJ
cblr-7807	344	15	lack	lack	NOUN
cblr-7807	344	16	of	of	ADP
cblr-7807	344	17	business	business	NOUN
cblr-7807	344	18	expertise	expertise	NOUN
cblr-7807	344	19	relates	relate	VERB
cblr-7807	344	20	to	to	ADP
cblr-7807	344	21	the	the	DET
cblr-7807	344	22	business	business	NOUN
cblr-7807	344	23	judgment	judgment	NOUN
cblr-7807	344	24	rule	rule	NOUN
cblr-7807	344	25	)	)	PUNCT
cblr-7807	344	26	.	.	PUNCT
cblr-7807	345	1	102	102	NUM
cblr-7807	345	2	eric	eric	PROPN
cblr-7807	345	3	a.	a.	NOUN
cblr-7807	345	4	posner	posner	PROPN
cblr-7807	345	5	,	,	PUNCT
cblr-7807	345	6	a	a	DET
cblr-7807	345	7	theory	theory	NOUN
cblr-7807	345	8	of	of	ADP
cblr-7807	345	9	contract	contract	NOUN
cblr-7807	345	10	law	law	NOUN
cblr-7807	345	11	under	under	ADP
cblr-7807	345	12	conditions	condition	NOUN
cblr-7807	345	13	of	of	ADP
cblr-7807	345	14	radical	radical	ADJ
cblr-7807	345	15	judicial	judicial	ADJ
cblr-7807	345	16	error	error	NOUN
cblr-7807	345	17	,	,	PUNCT
cblr-7807	345	18	94	94	NUM
cblr-7807	345	19	nw	nw	PROPN
cblr-7807	345	20	.	.	PUNCT
cblr-7807	345	21	u.	u.	PROPN
cblr-7807	345	22	l.	l.	PROPN
cblr-7807	345	23	rev	rev	PROPN
cblr-7807	345	24	.	.	PROPN
cblr-7807	345	25	749	749	NUM
cblr-7807	345	26	,	,	PUNCT
cblr-7807	345	27	754	754	NUM
cblr-7807	345	28	(	(	PUNCT
cblr-7807	345	29	2000	2000	NUM
cblr-7807	345	30	)	)	PUNCT
cblr-7807	345	31	.	.	PUNCT
cblr-7807	345	32	103	103	NUM
cblr-7807	346	1	i	i	PRON
cblr-7807	346	2	d.	d.	NOUN
cblr-7807	346	3	at	at	ADP
cblr-7807	346	4	758	758	NUM
cblr-7807	346	5	(	(	PUNCT
cblr-7807	346	6	footnote	footnote	NOUN
cblr-7807	346	7	omitted	omit	VERB
cblr-7807	346	8	)	)	PUNCT
cblr-7807	346	9	.	.	PUNCT
cblr-7807	347	1	on	on	ADP
cblr-7807	347	2	the	the	DET
cblr-7807	347	3	other	other	ADJ
cblr-7807	347	4	hand	hand	NOUN
cblr-7807	347	5	,	,	PUNCT
cblr-7807	347	6	this	this	DET
cblr-7807	347	7	critique	critique	NOUN
cblr-7807	347	8	is	be	AUX
cblr-7807	347	9	less	less	ADV
cblr-7807	347	10	relevant	relevant	ADJ
cblr-7807	347	11	to	to	ADP
cblr-7807	347	12	the	the	DET
cblr-7807	347	13	members	member	NOUN
cblr-7807	347	14	of	of	ADP
cblr-7807	347	15	the	the	DET
cblr-7807	347	16	delaware	delaware	PROPN
cblr-7807	347	17	courts	courts	PROPN
cblr-7807	347	18	,	,	PUNCT
cblr-7807	347	19	who	who	PRON
cblr-7807	347	20	have	have	VERB
cblr-7807	347	21	substantial	substantial	ADJ
cblr-7807	347	22	opportunity	opportunity	NOUN
cblr-7807	347	23	and	and	CCONJ
cblr-7807	347	24	incentive	incentive	NOUN
cblr-7807	347	25	to	to	PART
cblr-7807	347	26	specialize	specialize	VERB
cblr-7807	347	27	in	in	ADP
cblr-7807	347	28	business	business	NOUN
cblr-7807	347	29	issues	issue	NOUN
cblr-7807	347	30	.	.	PUNCT
cblr-7807	348	1	see	see	VERB
cblr-7807	348	2	bainbridge	bainbridge	PROPN
cblr-7807	348	3	,	,	PUNCT
cblr-7807	348	4	supra	supra	PROPN
cblr-7807	348	5	note	note	NOUN
cblr-7807	348	6	101	101	NUM
cblr-7807	348	7	,	,	PUNCT
cblr-7807	348	8	at	at	ADP
cblr-7807	348	9	120–21	120–21	NUM
cblr-7807	348	10	(	(	PUNCT
cblr-7807	348	11	discussing	discuss	VERB
cblr-7807	348	12	delaware	delaware	PROPN
cblr-7807	348	13	courts	court	NOUN
cblr-7807	348	14	)	)	PUNCT
cblr-7807	348	15	.	.	PUNCT
cblr-7807	349	1	bainbridge	bainbridge	PROPN
cblr-7807	349	2	(	(	PUNCT
cblr-7807	349	3	comment	comment	NOUN
cblr-7807	349	4	)	)	PUNCT
cblr-7807	349	5	12/28/2020	12/28/2020	NUM
cblr-7807	349	6	3:25	3:25	NUM
cblr-7807	349	7	pm	pm	NOUN
cblr-7807	349	8	824	824	NUM
cblr-7807	349	9	columbia	columbia	PROPN
cblr-7807	349	10	business	business	NOUN
cblr-7807	349	11	law	law	PROPN
cblr-7807	349	12	review	review	NOUN
cblr-7807	349	13	[	[	X
cblr-7807	349	14	vol	vol	NOUN
cblr-7807	349	15	.	.	PUNCT
cblr-7807	349	16	2020	2020	NUM
cblr-7807	349	17	with	with	ADP
cblr-7807	349	18	that	that	DET
cblr-7807	349	19	background	background	NOUN
cblr-7807	349	20	in	in	ADP
cblr-7807	349	21	mind	mind	NOUN
cblr-7807	349	22	,	,	PUNCT
cblr-7807	349	23	consider	consider	VERB
cblr-7807	349	24	barzuza	barzuza	NOUN
cblr-7807	349	25	and	and	CCONJ
cblr-7807	349	26	talley	talley	NOUN
cblr-7807	349	27	’s	’s	PART
cblr-7807	349	28	case	case	NOUN
cblr-7807	349	29	studies	study	NOUN
cblr-7807	349	30	.	.	PUNCT
cblr-7807	350	1	as	as	SCONJ
cblr-7807	350	2	they	they	PRON
cblr-7807	350	3	themselves	themselves	PRON
cblr-7807	350	4	admit	admit	VERB
cblr-7807	350	5	,	,	PUNCT
cblr-7807	350	6	other	other	ADJ
cblr-7807	350	7	commentators	commentator	NOUN
cblr-7807	350	8	have	have	AUX
cblr-7807	350	9	spun	spin	VERB
cblr-7807	350	10	those	those	DET
cblr-7807	350	11	case	case	NOUN
cblr-7807	350	12	studies	study	NOUN
cblr-7807	350	13	as	as	ADP
cblr-7807	350	14	examples	example	NOUN
cblr-7807	350	15	of	of	ADP
cblr-7807	350	16	short	short	ADJ
cblr-7807	350	17	-	-	PUNCT
cblr-7807	350	18	termism	termism	NOUN
cblr-7807	350	19	on	on	ADP
cblr-7807	350	20	the	the	DET
cblr-7807	350	21	part	part	NOUN
cblr-7807	350	22	of	of	ADP
cblr-7807	350	23	the	the	DET
cblr-7807	350	24	intervening	intervene	VERB
cblr-7807	350	25	hedge	hedge	NOUN
cblr-7807	350	26	funds.104	funds.104	NOUN
cblr-7807	350	27	in	in	ADP
cblr-7807	350	28	addition	addition	NOUN
cblr-7807	350	29	,	,	PUNCT
cblr-7807	350	30	as	as	SCONJ
cblr-7807	350	31	i	i	PRON
cblr-7807	350	32	have	have	AUX
cblr-7807	350	33	argued	argue	VERB
cblr-7807	350	34	,	,	PUNCT
cblr-7807	350	35	their	their	PRON
cblr-7807	350	36	case	case	NOUN
cblr-7807	350	37	studies	study	NOUN
cblr-7807	350	38	just	just	ADV
cblr-7807	350	39	as	as	ADP
cblr-7807	350	40	easily	easily	ADV
cblr-7807	350	41	can	can	AUX
cblr-7807	350	42	be	be	AUX
cblr-7807	350	43	characterized	characterize	VERB
cblr-7807	350	44	as	as	ADP
cblr-7807	350	45	stories	story	NOUN
cblr-7807	350	46	about	about	ADP
cblr-7807	350	47	managerial	managerial	ADJ
cblr-7807	350	48	incompetence	incompetence	NOUN
cblr-7807	350	49	without	without	ADP
cblr-7807	350	50	regard	regard	NOUN
cblr-7807	350	51	to	to	ADP
cblr-7807	350	52	time	time	NOUN
cblr-7807	350	53	horizon	horizon	NOUN
cblr-7807	350	54	issues.105	issues.105	ADV
cblr-7807	350	55	in	in	ADP
cblr-7807	350	56	sum	sum	NOUN
cblr-7807	350	57	,	,	PUNCT
cblr-7807	350	58	even	even	ADV
cblr-7807	350	59	with	with	ADP
cblr-7807	350	60	the	the	DET
cblr-7807	350	61	benefit	benefit	NOUN
cblr-7807	350	62	of	of	ADP
cblr-7807	350	63	hindsight	hindsight	ADJ
cblr-7807	350	64	,	,	PUNCT
cblr-7807	350	65	it	it	PRON
cblr-7807	350	66	often	often	ADV
cblr-7807	350	67	will	will	AUX
cblr-7807	350	68	be	be	AUX
cblr-7807	350	69	difficult	difficult	ADJ
cblr-7807	350	70	even	even	ADV
cblr-7807	350	71	for	for	SCONJ
cblr-7807	350	72	business	business	NOUN
cblr-7807	350	73	experts	expert	NOUN
cblr-7807	350	74	to	to	PART
cblr-7807	350	75	tell	tell	VERB
cblr-7807	350	76	whether	whether	SCONJ
cblr-7807	350	77	management	management	NOUN
cblr-7807	350	78	erred	err	VERB
cblr-7807	350	79	in	in	ADP
cblr-7807	350	80	either	either	CCONJ
cblr-7807	350	81	a	a	DET
cblr-7807	350	82	shortor	shortor	NOUN
cblr-7807	350	83	long	long	ADJ
cblr-7807	350	84	-	-	PUNCT
cblr-7807	350	85	term	term	NOUN
cblr-7807	350	86	direction	direction	NOUN
cblr-7807	350	87	or	or	CCONJ
cblr-7807	350	88	to	to	PART
cblr-7807	350	89	distinguish	distinguish	VERB
cblr-7807	350	90	such	such	DET
cblr-7807	350	91	a	a	DET
cblr-7807	350	92	time	time	NOUN
cblr-7807	350	93	horizon	horizon	NOUN
cblr-7807	350	94	error	error	NOUN
cblr-7807	350	95	from	from	ADP
cblr-7807	350	96	other	other	ADJ
cblr-7807	350	97	forms	form	NOUN
cblr-7807	350	98	of	of	ADP
cblr-7807	350	99	incompetence	incompetence	NOUN
cblr-7807	350	100	.	.	PUNCT
cblr-7807	351	1	so	so	ADV
cblr-7807	351	2	why	why	SCONJ
cblr-7807	351	3	should	should	AUX
cblr-7807	351	4	we	we	PRON
cblr-7807	351	5	expect	expect	VERB
cblr-7807	351	6	judges	judge	NOUN
cblr-7807	351	7	,	,	PUNCT
cblr-7807	351	8	who	who	PRON
cblr-7807	351	9	are	be	AUX
cblr-7807	351	10	by	by	ADP
cblr-7807	351	11	their	their	PRON
cblr-7807	351	12	own	own	ADJ
cblr-7807	351	13	admission	admission	NOUN
cblr-7807	351	14	not	not	PART
cblr-7807	351	15	business	business	NOUN
cblr-7807	351	16	experts	expert	NOUN
cblr-7807	351	17	,	,	PUNCT
cblr-7807	351	18	to	to	PART
cblr-7807	351	19	make	make	VERB
cblr-7807	351	20	the	the	DET
cblr-7807	351	21	distinction	distinction	NOUN
cblr-7807	351	22	?	?	PUNCT
cblr-7807	352	1	the	the	DET
cblr-7807	352	2	lesson	lesson	NOUN
cblr-7807	352	3	to	to	PART
cblr-7807	352	4	be	be	AUX
cblr-7807	352	5	drawn	draw	VERB
cblr-7807	352	6	is	be	AUX
cblr-7807	352	7	that	that	SCONJ
cblr-7807	352	8	judges	judge	NOUN
cblr-7807	352	9	should	should	AUX
cblr-7807	352	10	(	(	PUNCT
cblr-7807	352	11	absent	absent	VERB
cblr-7807	352	12	a	a	DET
cblr-7807	352	13	conflict	conflict	NOUN
cblr-7807	352	14	of	of	ADP
cblr-7807	352	15	interest	interest	NOUN
cblr-7807	352	16	)	)	PUNCT
cblr-7807	352	17	leave	leave	VERB
cblr-7807	352	18	the	the	DET
cblr-7807	352	19	task	task	NOUN
cblr-7807	352	20	of	of	ADP
cblr-7807	352	21	policing	police	VERB
cblr-7807	352	22	managerial	managerial	ADJ
cblr-7807	352	23	time	time	NOUN
cblr-7807	352	24	horizon	horizon	PROPN
cblr-7807	352	25	biases	bias	NOUN
cblr-7807	352	26	to	to	ADP
cblr-7807	352	27	the	the	DET
cblr-7807	352	28	board	board	NOUN
cblr-7807	352	29	of	of	ADP
cblr-7807	352	30	directors	director	NOUN
cblr-7807	352	31	.	.	PUNCT
cblr-7807	353	1	iv	iv	X
cblr-7807	353	2	.	.	PUNCT
cblr-7807	353	3	activist	activist	ADJ
cblr-7807	353	4	shareholders	shareholder	NOUN
cblr-7807	353	5	to	to	ADP
cblr-7807	353	6	the	the	DET
cblr-7807	353	7	rescue	rescue	NOUN
cblr-7807	353	8	?	?	PUNCT
cblr-7807	354	1	while	while	SCONJ
cblr-7807	354	2	barzuza	barzuza	NOUN
cblr-7807	354	3	and	and	CCONJ
cblr-7807	354	4	talley	talley	NOUN
cblr-7807	354	5	are	be	AUX
cblr-7807	354	6	appropriately	appropriately	ADV
cblr-7807	354	7	modest	modest	ADJ
cblr-7807	354	8	—	—	PUNCT
cblr-7807	354	9	one	one	PRON
cblr-7807	354	10	might	might	AUX
cblr-7807	354	11	even	even	ADV
cblr-7807	354	12	say	say	VERB
cblr-7807	354	13	reticent	reticent	ADJ
cblr-7807	354	14	—	—	PUNCT
cblr-7807	354	15	in	in	ADP
cblr-7807	354	16	making	make	VERB
cblr-7807	354	17	recommendations	recommendation	NOUN
cblr-7807	354	18	for	for	ADP
cblr-7807	354	19	changes	change	NOUN
cblr-7807	354	20	in	in	ADP
cblr-7807	354	21	the	the	DET
cblr-7807	354	22	judicial	judicial	ADJ
cblr-7807	354	23	role	role	NOUN
cblr-7807	354	24	,	,	PUNCT
cblr-7807	354	25	they	they	PRON
cblr-7807	354	26	are	be	AUX
cblr-7807	354	27	somewhat	somewhat	ADV
cblr-7807	354	28	more	more	ADV
cblr-7807	354	29	interventionist	interventionist	ADJ
cblr-7807	354	30	when	when	SCONJ
cblr-7807	354	31	it	it	PRON
cblr-7807	354	32	comes	come	VERB
cblr-7807	354	33	to	to	ADP
cblr-7807	354	34	the	the	DET
cblr-7807	354	35	role	role	NOUN
cblr-7807	354	36	of	of	ADP
cblr-7807	354	37	activist	activist	ADJ
cblr-7807	354	38	shareholders	shareholder	NOUN
cblr-7807	354	39	.	.	PUNCT
cblr-7807	355	1	they	they	PRON
cblr-7807	355	2	defend	defend	VERB
cblr-7807	355	3	activists	activist	NOUN
cblr-7807	355	4	from	from	ADP
cblr-7807	355	5	various	various	ADJ
cblr-7807	355	6	charges	charge	NOUN
cblr-7807	355	7	.	.	PUNCT
cblr-7807	356	1	they	they	PRON
cblr-7807	356	2	cite	cite	VERB
cblr-7807	356	3	studies	study	NOUN
cblr-7807	356	4	concluding	conclude	VERB
cblr-7807	356	5	,	,	PUNCT
cblr-7807	356	6	for	for	ADP
cblr-7807	356	7	example	example	NOUN
cblr-7807	356	8	,	,	PUNCT
cblr-7807	356	9	“	"	PUNCT
cblr-7807	356	10	that	that	SCONJ
cblr-7807	356	11	while	while	SCONJ
cblr-7807	356	12	activism	activism	NOUN
cblr-7807	356	13	reduces	reduce	VERB
cblr-7807	356	14	investment	investment	NOUN
cblr-7807	356	15	in	in	ADP
cblr-7807	356	16	r&d	r&d	NOUN
cblr-7807	356	17	and	and	CCONJ
cblr-7807	356	18	[	[	X
cblr-7807	356	19	capital	capital	NOUN
cblr-7807	356	20	expenditures	expenditure	NOUN
cblr-7807	356	21	]	]	PUNCT
cblr-7807	356	22	in	in	ADP
cblr-7807	356	23	general	general	ADJ
cblr-7807	356	24	,	,	PUNCT
cblr-7807	356	25	it	it	PRON
cblr-7807	356	26	also	also	ADV
cblr-7807	356	27	leads	lead	VERB
cblr-7807	356	28	to	to	ADP
cblr-7807	356	29	increased	increase	VERB
cblr-7807	356	30	returns	return	NOUN
cblr-7807	356	31	on	on	ADP
cblr-7807	356	32	assets	asset	NOUN
cblr-7807	356	33	,	,	PUNCT
cblr-7807	356	34	and	and	CCONJ
cblr-7807	356	35	higher	high	ADJ
cblr-7807	356	36	output	output	NOUN
cblr-7807	356	37	measures	measure	NOUN
cblr-7807	356	38	(	(	PUNCT
cblr-7807	356	39	such	such	ADJ
cblr-7807	356	40	as	as	ADP
cblr-7807	356	41	more	more	ADJ
cblr-7807	356	42	patent	patent	NOUN
cblr-7807	356	43	registrations	registration	NOUN
cblr-7807	356	44	and	and	CCONJ
cblr-7807	356	45	citations).”106	citations).”106	NOUN
cblr-7807	356	46	they	they	PRON
cblr-7807	356	47	posit	posit	VERB
cblr-7807	356	48	that	that	DET
cblr-7807	356	49	hedge	hedge	NOUN
cblr-7807	356	50	fund	fund	NOUN
cblr-7807	356	51	pressure	pressure	NOUN
cblr-7807	356	52	on	on	ADP
cblr-7807	356	53	companies	company	NOUN
cblr-7807	356	54	to	to	PART
cblr-7807	356	55	pay	pay	VERB
cblr-7807	356	56	dividends	dividend	NOUN
cblr-7807	356	57	and	and	CCONJ
cblr-7807	356	58	effect	effect	VERB
cblr-7807	356	59	stock	stock	NOUN
cblr-7807	356	60	repurchases	repurchase	NOUN
cblr-7807	356	61	limits	limit	VERB
cblr-7807	356	62	“	"	PUNCT
cblr-7807	356	63	the	the	DET
cblr-7807	356	64	most	most	ADV
cblr-7807	356	65	problematic	problematic	ADJ
cblr-7807	356	66	types	type	NOUN
cblr-7807	356	67	of	of	ADP
cblr-7807	356	68	long	long	ADJ
cblr-7807	356	69	-	-	PUNCT
cblr-7807	356	70	term	term	NOUN
cblr-7807	356	71	investments	investment	NOUN
cblr-7807	356	72	.	.	PUNCT
cblr-7807	356	73	”107	”107	PUNCT
cblr-7807	357	1	they	they	PRON
cblr-7807	357	2	contend	contend	VERB
cblr-7807	357	3	that	that	SCONJ
cblr-7807	357	4	directors	director	NOUN
cblr-7807	357	5	nominated	nominate	VERB
cblr-7807	357	6	by	by	ADP
cblr-7807	357	7	activist	activist	ADJ
cblr-7807	357	8	investors	investor	NOUN
cblr-7807	357	9	contribute	contribute	VERB
cblr-7807	357	10	to	to	ADP
cblr-7807	357	11	a	a	DET
cblr-7807	357	12	“	"	PUNCT
cblr-7807	357	13	long	long	ADJ
cblr-7807	357	14	-	-	PUNCT
cblr-7807	357	15	term	term	NOUN
cblr-7807	357	16	improvement	improvement	NOUN
cblr-7807	357	17	in	in	ADP
cblr-7807	357	18	operating	operating	NOUN
cblr-7807	357	19	performance	performance	NOUN
cblr-7807	357	20	—	—	PUNCT
cblr-7807	357	21	during	during	ADP
cblr-7807	357	22	the	the	DET
cblr-7807	357	23	five	five	NUM
cblr-7807	357	24	years	year	NOUN
cblr-7807	357	25	following	follow	VERB
cblr-7807	357	26	104	104	NUM
cblr-7807	357	27	see	see	NOUN
cblr-7807	357	28	supra	supra	ADJ
cblr-7807	357	29	text	text	NOUN
cblr-7807	357	30	accompanying	accompanying	ADJ
cblr-7807	357	31	note	note	NOUN
cblr-7807	357	32	67	67	NUM
cblr-7807	357	33	.	.	PUNCT
cblr-7807	357	34	105	105	NUM
cblr-7807	357	35	see	see	VERB
cblr-7807	357	36	supra	supra	ADJ
cblr-7807	357	37	text	text	NOUN
cblr-7807	357	38	accompanying	accompanying	ADJ
cblr-7807	357	39	notes	note	NOUN
cblr-7807	357	40	68–77	68–77	PROPN
cblr-7807	357	41	(	(	PUNCT
cblr-7807	357	42	discussing	discuss	VERB
cblr-7807	357	43	case	case	NOUN
cblr-7807	357	44	studies	study	NOUN
cblr-7807	357	45	)	)	PUNCT
cblr-7807	357	46	.	.	PUNCT
cblr-7807	358	1	106	106	NUM
cblr-7807	358	2	barzuza	barzuza	PROPN
cblr-7807	358	3	&	&	CCONJ
cblr-7807	358	4	talley	talley	PROPN
cblr-7807	358	5	,	,	PUNCT
cblr-7807	358	6	supra	supra	PROPN
cblr-7807	358	7	note	note	NOUN
cblr-7807	358	8	12	12	NUM
cblr-7807	358	9	,	,	PUNCT
cblr-7807	358	10	176–77	176–77	NUM
cblr-7807	358	11	.	.	PUNCT
cblr-7807	359	1	107	107	NUM
cblr-7807	360	1	i	i	PRON
cblr-7807	360	2	d.	d.	PROPN
cblr-7807	360	3	at	at	ADP
cblr-7807	360	4	178	178	NUM
cblr-7807	360	5	(	(	PUNCT
cblr-7807	360	6	emphasis	emphasis	NOUN
cblr-7807	360	7	omitted	omit	VERB
cblr-7807	360	8	)	)	PUNCT
cblr-7807	360	9	.	.	PUNCT
cblr-7807	361	1	bainbridge	bainbridge	PROPN
cblr-7807	361	2	(	(	PUNCT
cblr-7807	361	3	comment	comment	NOUN
cblr-7807	361	4	)	)	PUNCT
cblr-7807	361	5	12/28/2020	12/28/2020	NUM
cblr-7807	361	6	3:25	3:25	NUM
cblr-7807	361	7	pm	pm	NOUN
cblr-7807	361	8	no	no	INTJ
cblr-7807	361	9	.	.	PUNCT
cblr-7807	362	1	3:801	3:801	NUM
cblr-7807	362	2	]	]	X
cblr-7807	362	3	long	long	ADJ
cblr-7807	362	4	-	-	PUNCT
cblr-7807	362	5	term	term	NOUN
cblr-7807	362	6	bias	bias	NOUN
cblr-7807	362	7	and	and	CCONJ
cblr-7807	362	8	director	director	NOUN
cblr-7807	362	9	primacy	primacy	NOUN
cblr-7807	362	10	825	825	NUM
cblr-7807	362	11	activism	activism	NOUN
cblr-7807	362	12	,	,	PUNCT
cblr-7807	362	13	returns	return	NOUN
cblr-7807	362	14	on	on	ADP
cblr-7807	362	15	assets	asset	NOUN
cblr-7807	362	16	increased	increase	VERB
cblr-7807	362	17	by	by	ADP
cblr-7807	362	18	more	more	ADJ
cblr-7807	362	19	than	than	ADP
cblr-7807	362	20	2	2	NUM
cblr-7807	362	21	%	%	NOUN
cblr-7807	362	22	on	on	ADP
cblr-7807	362	23	average[.]”108	average[.]”108	ADP
cblr-7807	362	24	this	this	PRON
cblr-7807	362	25	leads	lead	VERB
cblr-7807	362	26	barzuza	barzuza	NOUN
cblr-7807	362	27	and	and	CCONJ
cblr-7807	362	28	talley	talley	NOUN
cblr-7807	362	29	to	to	PART
cblr-7807	362	30	cast	cast	VERB
cblr-7807	362	31	doubt	doubt	NOUN
cblr-7807	362	32	on	on	ADP
cblr-7807	362	33	proposed	propose	VERB
cblr-7807	362	34	legal	legal	ADJ
cblr-7807	362	35	changes	change	NOUN
cblr-7807	362	36	that	that	PRON
cblr-7807	362	37	would	would	AUX
cblr-7807	362	38	curb	curb	VERB
cblr-7807	362	39	hedge	hedge	NOUN
cblr-7807	362	40	fund	fund	NOUN
cblr-7807	362	41	activism	activism	NOUN
cblr-7807	362	42	.	.	PUNCT
cblr-7807	363	1	they	they	PRON
cblr-7807	363	2	are	be	AUX
cblr-7807	363	3	skeptical	skeptical	ADJ
cblr-7807	363	4	of	of	ADP
cblr-7807	363	5	proposed	propose	VERB
cblr-7807	363	6	amendments	amendment	NOUN
cblr-7807	363	7	to	to	ADP
cblr-7807	363	8	the	the	DET
cblr-7807	363	9	securities	security	NOUN
cblr-7807	363	10	exchange	exchange	PROPN
cblr-7807	363	11	act	act	PROPN
cblr-7807	363	12	§	§	PROPN
cblr-7807	363	13	13(d	13(d	NUM
cblr-7807	363	14	)	)	PUNCT
cblr-7807	363	15	disclosure	disclosure	NOUN
cblr-7807	363	16	regime109	regime109	VERB
cblr-7807	363	17	that	that	PRON
cblr-7807	363	18	would	would	AUX
cblr-7807	363	19	require	require	VERB
cblr-7807	363	20	persons	person	NOUN
cblr-7807	363	21	who	who	PRON
cblr-7807	363	22	acquire	acquire	VERB
cblr-7807	363	23	five	five	NUM
cblr-7807	363	24	percent	percent	NOUN
cblr-7807	363	25	or	or	CCONJ
cblr-7807	363	26	more	more	ADJ
cblr-7807	363	27	of	of	ADP
cblr-7807	363	28	a	a	DET
cblr-7807	363	29	class	class	NOUN
cblr-7807	363	30	of	of	ADP
cblr-7807	363	31	a	a	DET
cblr-7807	363	32	company	company	NOUN
cblr-7807	363	33	’s	’s	PART
cblr-7807	363	34	equity	equity	NOUN
cblr-7807	363	35	securities	security	NOUN
cblr-7807	363	36	to	to	PART
cblr-7807	363	37	file	file	VERB
cblr-7807	363	38	the	the	DET
cblr-7807	363	39	schedule	schedule	NOUN
cblr-7807	363	40	13d	13d	NOUN
cblr-7807	363	41	disclosure	disclosure	NOUN
cblr-7807	363	42	statement	statement	NOUN
cblr-7807	363	43	sooner	soon	ADV
cblr-7807	363	44	than	than	ADP
cblr-7807	363	45	current	current	ADJ
cblr-7807	363	46	law	law	NOUN
cblr-7807	363	47	requires.110	requires.110	NOUN
cblr-7807	363	48	they	they	PRON
cblr-7807	363	49	are	be	AUX
cblr-7807	363	50	likewise	likewise	ADV
cblr-7807	363	51	skeptical	skeptical	ADJ
cblr-7807	363	52	of	of	ADP
cblr-7807	363	53	proposals	proposal	NOUN
cblr-7807	363	54	that	that	PRON
cblr-7807	363	55	would	would	AUX
cblr-7807	363	56	require	require	VERB
cblr-7807	363	57	schedule	schedule	NOUN
cblr-7807	363	58	13d	13d	NOUN
cblr-7807	363	59	to	to	PART
cblr-7807	363	60	contain	contain	VERB
cblr-7807	363	61	greater	great	ADJ
cblr-7807	363	62	information.111	information.111	ADJ
cblr-7807	363	63	in	in	ADP
cblr-7807	363	64	contrast	contrast	NOUN
cblr-7807	363	65	,	,	PUNCT
cblr-7807	363	66	i	i	PRON
cblr-7807	363	67	support	support	VERB
cblr-7807	363	68	these	these	DET
cblr-7807	363	69	changes	change	NOUN
cblr-7807	363	70	and	and	CCONJ
cblr-7807	363	71	more	more	ADJ
cblr-7807	363	72	besides	besides	SCONJ
cblr-7807	363	73	.	.	PUNCT
cblr-7807	364	1	i	i	PRON
cblr-7807	364	2	have	have	AUX
cblr-7807	364	3	elsewhere	elsewhere	ADV
cblr-7807	364	4	argued	argue	VERB
cblr-7807	364	5	,	,	PUNCT
cblr-7807	364	6	for	for	ADP
cblr-7807	364	7	example	example	NOUN
cblr-7807	364	8	,	,	PUNCT
cblr-7807	364	9	that	that	PRON
cblr-7807	364	10	rule	rule	VERB
cblr-7807	364	11	14a-8	14a-8	NUM
cblr-7807	364	12	(	(	PUNCT
cblr-7807	364	13	the	the	DET
cblr-7807	364	14	shareholder	shareholder	NOUN
cblr-7807	364	15	proposal	proposal	NOUN
cblr-7807	364	16	rule	rule	NOUN
cblr-7807	364	17	)	)	PUNCT
cblr-7807	364	18	should	should	AUX
cblr-7807	364	19	be	be	AUX
cblr-7807	364	20	amended	amend	VERB
cblr-7807	364	21	to	to	PART
cblr-7807	364	22	allow	allow	VERB
cblr-7807	364	23	companies	company	NOUN
cblr-7807	364	24	to	to	PART
cblr-7807	364	25	opt	opt	VERB
cblr-7807	364	26	out	out	ADP
cblr-7807	364	27	of	of	ADP
cblr-7807	364	28	it.112	it.112	PROPN
cblr-7807	364	29	i	i	PRON
cblr-7807	364	30	have	have	AUX
cblr-7807	364	31	further	far	ADV
cblr-7807	364	32	argued	argue	VERB
cblr-7807	364	33	for	for	ADP
cblr-7807	364	34	the	the	DET
cblr-7807	364	35	expansion	expansion	NOUN
cblr-7807	364	36	and	and	CCONJ
cblr-7807	364	37	revitalization	revitalization	NOUN
cblr-7807	364	38	of	of	ADP
cblr-7807	364	39	the	the	DET
cblr-7807	364	40	existing	exist	VERB
cblr-7807	364	41	provision	provision	NOUN
cblr-7807	364	42	that	that	PRON
cblr-7807	364	43	allows	allow	VERB
cblr-7807	364	44	companies	company	NOUN
cblr-7807	364	45	to	to	PART
cblr-7807	364	46	exclude	exclude	VERB
cblr-7807	364	47	proposals	proposal	NOUN
cblr-7807	364	48	relating	relate	VERB
cblr-7807	364	49	to	to	ADP
cblr-7807	364	50	matters	matter	NOUN
cblr-7807	364	51	of	of	ADP
cblr-7807	364	52	ordinary	ordinary	ADJ
cblr-7807	364	53	business.113	business.113	PROPN
cblr-7807	364	54	i	i	PRON
cblr-7807	364	55	support	support	VERB
cblr-7807	364	56	requiring	require	VERB
cblr-7807	364	57	activists	activist	NOUN
cblr-7807	364	58	“	"	PUNCT
cblr-7807	364	59	to	to	PART
cblr-7807	364	60	provide	provide	VERB
cblr-7807	364	61	greater	great	ADJ
cblr-7807	364	62	disclosures	disclosure	NOUN
cblr-7807	364	63	with	with	ADP
cblr-7807	364	64	respect	respect	NOUN
cblr-7807	364	65	to	to	ADP
cblr-7807	364	66	their	their	PRON
cblr-7807	364	67	motivations	motivation	NOUN
cblr-7807	364	68	,	,	PUNCT
cblr-7807	364	69	goals	goal	NOUN
cblr-7807	364	70	,	,	PUNCT
cblr-7807	364	71	economic	economic	ADJ
cblr-7807	364	72	interests	interest	NOUN
cblr-7807	364	73	,	,	PUNCT
cblr-7807	364	74	and	and	CCONJ
cblr-7807	364	75	holdings	holding	NOUN
cblr-7807	364	76	of	of	ADP
cblr-7807	364	77	the	the	DET
cblr-7807	364	78	issuer	issuer	NOUN
cblr-7807	364	79	’s	’s	PART
cblr-7807	364	80	securities	security	NOUN
cblr-7807	364	81	(	(	PUNCT
cblr-7807	364	82	including	include	VERB
cblr-7807	364	83	derivative	derivative	ADJ
cblr-7807	364	84	positions	position	NOUN
cblr-7807	364	85	)	)	PUNCT
cblr-7807	364	86	,	,	PUNCT
cblr-7807	364	87	so	so	SCONJ
cblr-7807	364	88	that	that	SCONJ
cblr-7807	364	89	their	their	PRON
cblr-7807	364	90	fellow	fellow	ADJ
cblr-7807	364	91	shareholders	shareholder	NOUN
cblr-7807	364	92	can	can	AUX
cblr-7807	364	93	assess	assess	VERB
cblr-7807	364	94	whether	whether	SCONJ
cblr-7807	364	95	the	the	DET
cblr-7807	364	96	activist	activist	NOUN
cblr-7807	364	97	’s	’s	PART
cblr-7807	364	98	goals	goal	NOUN
cblr-7807	364	99	are	be	AUX
cblr-7807	364	100	consistent	consistent	ADJ
cblr-7807	364	101	with	with	ADP
cblr-7807	364	102	the	the	DET
cblr-7807	364	103	interests	interest	NOUN
cblr-7807	364	104	of	of	ADP
cblr-7807	364	105	all	all	DET
cblr-7807	364	106	shareholders	shareholder	NOUN
cblr-7807	364	107	.	.	PUNCT
cblr-7807	364	108	”114	”114	PUNCT
cblr-7807	365	1	finally	finally	ADV
cblr-7807	365	2	,	,	PUNCT
cblr-7807	365	3	i	i	PRON
cblr-7807	365	4	support	support	VERB
cblr-7807	365	5	imposing	impose	VERB
cblr-7807	365	6	a	a	DET
cblr-7807	365	7	longer	long	ADV
cblr-7807	365	8	holding	hold	VERB
cblr-7807	365	9	period	period	NOUN
cblr-7807	365	10	on	on	ADP
cblr-7807	365	11	investors	investor	NOUN
cblr-7807	365	12	before	before	SCONJ
cblr-7807	365	13	they	they	PRON
cblr-7807	365	14	can	can	AUX
cblr-7807	365	15	make	make	VERB
cblr-7807	365	16	use	use	NOUN
cblr-7807	365	17	of	of	ADP
cblr-7807	365	18	rule	rule	NOUN
cblr-7807	365	19	14a-8.115	14a-8.115	NUM
cblr-7807	365	20	108	108	NUM
cblr-7807	365	21	i	i	PRON
cblr-7807	365	22	d.	d.	PROPN
cblr-7807	365	23	at	at	ADP
cblr-7807	365	24	180	180	NUM
cblr-7807	365	25	.	.	PUNCT
cblr-7807	365	26	109	109	NUM
cblr-7807	365	27	for	for	ADP
cblr-7807	365	28	a	a	DET
cblr-7807	365	29	detailed	detailed	ADJ
cblr-7807	365	30	discussion	discussion	NOUN
cblr-7807	365	31	of	of	ADP
cblr-7807	365	32	that	that	DET
cblr-7807	365	33	regime	regime	NOUN
cblr-7807	365	34	,	,	PUNCT
cblr-7807	365	35	see	see	VERB
cblr-7807	365	36	stephen	stephen	PROPN
cblr-7807	365	37	m.	m.	PROPN
cblr-7807	365	38	bainbridge	bainbridge	PROPN
cblr-7807	365	39	,	,	PUNCT
cblr-7807	365	40	corporate	corporate	ADJ
cblr-7807	365	41	law	law	NOUN
cblr-7807	365	42	432–37	432–37	NOUN
cblr-7807	365	43	(	(	PUNCT
cblr-7807	365	44	4th	4th	ADJ
cblr-7807	365	45	ed	ed	NOUN
cblr-7807	365	46	.	.	PUNCT
cblr-7807	365	47	2020	2020	NUM
cblr-7807	365	48	)	)	PUNCT
cblr-7807	365	49	.	.	PUNCT
cblr-7807	366	1	110	110	NUM
cblr-7807	366	2	see	see	VERB
cblr-7807	366	3	barzuza	barzuza	NOUN
cblr-7807	366	4	&	&	CCONJ
cblr-7807	366	5	talley	talley	PROPN
cblr-7807	366	6	,	,	PUNCT
cblr-7807	366	7	supra	supra	PROPN
cblr-7807	366	8	note	note	NOUN
cblr-7807	366	9	12	12	NUM
cblr-7807	366	10	,	,	PUNCT
cblr-7807	366	11	at	at	ADP
cblr-7807	366	12	182–83	182–83	NUM
cblr-7807	366	13	.	.	PUNCT
cblr-7807	366	14	111	111	NUM
cblr-7807	367	1	i	i	PROPN
cblr-7807	367	2	d.	d.	PROPN
cblr-7807	367	3	112	112	NUM
cblr-7807	367	4	stephen	stephen	PROPN
cblr-7807	367	5	m.	m.	PROPN
cblr-7807	367	6	bainbridge	bainbridge	PROPN
cblr-7807	367	7	,	,	PUNCT
cblr-7807	367	8	preserving	preserve	VERB
cblr-7807	367	9	director	director	NOUN
cblr-7807	367	10	primacy	primacy	NOUN
cblr-7807	367	11	by	by	ADP
cblr-7807	367	12	managing	manage	VERB
cblr-7807	367	13	shareholder	shareholder	NOUN
cblr-7807	367	14	interventions	intervention	NOUN
cblr-7807	367	15	,	,	PUNCT
cblr-7807	367	16	in	in	ADP
cblr-7807	367	17	research	research	NOUN
cblr-7807	367	18	handbook	handbook	NOUN
cblr-7807	367	19	on	on	ADP
cblr-7807	367	20	shareholder	shareholder	NOUN
cblr-7807	367	21	power	power	NOUN
cblr-7807	367	22	231	231	NUM
cblr-7807	367	23	,	,	PUNCT
cblr-7807	367	24	246	246	NUM
cblr-7807	367	25	(	(	PUNCT
cblr-7807	367	26	jennifer	jennifer	PROPN
cblr-7807	367	27	g.	g.	PROPN
cblr-7807	367	28	hill	hill	PROPN
cblr-7807	367	29	&	&	CCONJ
cblr-7807	367	30	randall	randall	PROPN
cblr-7807	367	31	s.	s.	PROPN
cblr-7807	367	32	thomas	thomas	PROPN
cblr-7807	367	33	eds	eds	PROPN
cblr-7807	367	34	.	.	PROPN
cblr-7807	367	35	,	,	PUNCT
cblr-7807	367	36	2015	2015	NUM
cblr-7807	367	37	)	)	PUNCT
cblr-7807	367	38	113	113	NUM
cblr-7807	368	1	i	i	PRON
cblr-7807	368	2	d.	d.	PROPN
cblr-7807	368	3	114	114	NUM
cblr-7807	369	1	i	i	PROPN
cblr-7807	369	2	d.	d.	PROPN
cblr-7807	369	3	115	115	PROPN
cblr-7807	370	1	i	i	PRON
cblr-7807	370	2	d.	d.	PROPN
cblr-7807	370	3	in	in	ADP
cblr-7807	370	4	september	september	PROPN
cblr-7807	370	5	2020	2020	NUM
cblr-7807	370	6	,	,	PUNCT
cblr-7807	370	7	the	the	DET
cblr-7807	370	8	sec	sec	PROPN
cblr-7807	370	9	amended	amend	VERB
cblr-7807	370	10	rule	rule	NOUN
cblr-7807	370	11	14a-8	14a-8	NUM
cblr-7807	370	12	to	to	PART
cblr-7807	370	13	raise	raise	VERB
cblr-7807	370	14	both	both	CCONJ
cblr-7807	370	15	the	the	DET
cblr-7807	370	16	threshold	threshold	NOUN
cblr-7807	370	17	at	at	ADP
cblr-7807	370	18	which	which	PRON
cblr-7807	370	19	a	a	DET
cblr-7807	370	20	shareholder	shareholder	NOUN
cblr-7807	370	21	becomes	become	VERB
cblr-7807	370	22	eligible	eligible	ADJ
cblr-7807	370	23	to	to	PART
cblr-7807	370	24	submit	submit	VERB
cblr-7807	370	25	a	a	DET
cblr-7807	370	26	proposal	proposal	NOUN
cblr-7807	370	27	under	under	ADP
cblr-7807	370	28	the	the	DET
cblr-7807	370	29	rule	rule	NOUN
cblr-7807	370	30	and	and	CCONJ
cblr-7807	370	31	the	the	DET
cblr-7807	370	32	holding	hold	VERB
cblr-7807	370	33	period	period	NOUN
cblr-7807	370	34	the	the	DET
cblr-7807	370	35	shareholder	shareholder	NOUN
cblr-7807	370	36	must	must	AUX
cblr-7807	370	37	satisfy	satisfy	VERB
cblr-7807	370	38	to	to	PART
cblr-7807	370	39	do	do	VERB
cblr-7807	370	40	so	so	ADV
cblr-7807	370	41	.	.	PUNCT
cblr-7807	371	1	under	under	ADP
cblr-7807	371	2	the	the	DET
cblr-7807	371	3	prior	prior	ADJ
cblr-7807	371	4	version	version	NOUN
cblr-7807	371	5	of	of	ADP
cblr-7807	371	6	the	the	DET
cblr-7807	371	7	rule	rule	NOUN
cblr-7807	371	8	,	,	PUNCT
cblr-7807	371	9	a	a	DET
cblr-7807	371	10	shareholder	shareholder	NOUN
cblr-7807	371	11	-	-	PUNCT
cblr-7807	371	12	proponent	proponent	NOUN
cblr-7807	371	13	must	must	AUX
cblr-7807	371	14	have	have	AUX
cblr-7807	371	15	owned	own	VERB
cblr-7807	371	16	at	at	ADP
cblr-7807	371	17	least	least	ADV
cblr-7807	371	18	one	one	NUM
cblr-7807	371	19	percent	percent	NOUN
cblr-7807	371	20	or	or	CCONJ
cblr-7807	371	21	$	$	SYM
cblr-7807	371	22	2,000	2,000	NUM
cblr-7807	371	23	(	(	PUNCT
cblr-7807	371	24	whichever	whichever	PRON
cblr-7807	371	25	is	be	AUX
cblr-7807	371	26	less	less	ADJ
cblr-7807	371	27	)	)	PUNCT
cblr-7807	371	28	of	of	ADP
cblr-7807	371	29	the	the	DET
cblr-7807	371	30	issuer	issuer	NOUN
cblr-7807	371	31	’s	’s	PART
cblr-7807	371	32	voting	vote	VERB
cblr-7807	371	33	bainbridge	bainbridge	PROPN
cblr-7807	371	34	(	(	PUNCT
cblr-7807	371	35	comment	comment	NOUN
cblr-7807	371	36	)	)	PUNCT
cblr-7807	372	1	12/28/2020	12/28/2020	NUM
cblr-7807	372	2	3:25	3:25	NUM
cblr-7807	372	3	pm	pm	NOUN
cblr-7807	372	4	826	826	NUM
cblr-7807	372	5	columbia	columbia	PROPN
cblr-7807	372	6	business	business	NOUN
cblr-7807	372	7	law	law	PROPN
cblr-7807	372	8	review	review	NOUN
cblr-7807	372	9	[	[	X
cblr-7807	372	10	vol	vol	NOUN
cblr-7807	372	11	.	.	PUNCT
cblr-7807	372	12	2020	2020	NUM
cblr-7807	372	13	of	of	ADP
cblr-7807	372	14	particular	particular	ADJ
cblr-7807	372	15	relevance	relevance	NOUN
cblr-7807	372	16	to	to	PART
cblr-7807	372	17	barzuza	barzuza	NOUN
cblr-7807	372	18	and	and	CCONJ
cblr-7807	372	19	talley	talley	NOUN
cblr-7807	372	20	’s	’s	PART
cblr-7807	372	21	apparent	apparent	ADJ
cblr-7807	372	22	support	support	NOUN
cblr-7807	372	23	for	for	ADP
cblr-7807	372	24	allowing	allow	VERB
cblr-7807	372	25	activists	activist	NOUN
cblr-7807	372	26	to	to	PART
cblr-7807	372	27	nominate	nominate	VERB
cblr-7807	372	28	directors,116	directors,116	PROPN
cblr-7807	372	29	i	i	PRON
cblr-7807	372	30	support	support	VERB
cblr-7807	372	31	regulating	regulate	VERB
cblr-7807	372	32	—	—	PUNCT
cblr-7807	372	33	and	and	CCONJ
cblr-7807	372	34	perhaps	perhaps	ADV
cblr-7807	372	35	banning	ban	VERB
cblr-7807	372	36	—	—	PUNCT
cblr-7807	372	37	the	the	DET
cblr-7807	372	38	golden	golden	ADJ
cblr-7807	372	39	leashes117	leashes117	PROPN
cblr-7807	372	40	by	by	ADP
cblr-7807	372	41	which	which	PRON
cblr-7807	372	42	activists	activist	NOUN
cblr-7807	372	43	maintain	maintain	VERB
cblr-7807	372	44	control	control	NOUN
cblr-7807	372	45	over	over	ADP
cblr-7807	372	46	such	such	ADJ
cblr-7807	372	47	directors118	directors118	PROPN
cblr-7807	372	48	:	:	PUNCT
cblr-7807	372	49	the	the	DET
cblr-7807	372	50	recent	recent	ADJ
cblr-7807	372	51	trend	trend	NOUN
cblr-7807	372	52	toward	toward	ADP
cblr-7807	372	53	such	such	ADJ
cblr-7807	372	54	payments	payment	NOUN
cblr-7807	372	55	raises	raise	VERB
cblr-7807	372	56	serious	serious	ADJ
cblr-7807	372	57	conflicts	conflict	NOUN
cblr-7807	372	58	of	of	ADP
cblr-7807	372	59	interest	interest	NOUN
cblr-7807	372	60	,	,	PUNCT
cblr-7807	372	61	as	as	SCONJ
cblr-7807	372	62	the	the	DET
cblr-7807	372	63	hedge	hedge	NOUN
cblr-7807	372	64	fund	fund	PROPN
cblr-7807	372	65	’s	’s	PART
cblr-7807	372	66	nominees	nominee	NOUN
cblr-7807	372	67	likely	likely	ADV
cblr-7807	372	68	will	will	AUX
cblr-7807	372	69	be	be	AUX
cblr-7807	372	70	loyal	loyal	ADJ
cblr-7807	372	71	to	to	ADP
cblr-7807	372	72	the	the	DET
cblr-7807	372	73	fund	fund	NOUN
cblr-7807	372	74	rather	rather	ADV
cblr-7807	372	75	than	than	ADP
cblr-7807	372	76	the	the	DET
cblr-7807	372	77	issuer	issuer	NOUN
cblr-7807	372	78	.	.	PUNCT
cblr-7807	373	1	in	in	ADP
cblr-7807	373	2	particular	particular	ADJ
cblr-7807	373	3	,	,	PUNCT
cblr-7807	373	4	such	such	ADJ
cblr-7807	373	5	directors	director	NOUN
cblr-7807	373	6	have	have	VERB
cblr-7807	373	7	financial	financial	ADJ
cblr-7807	373	8	incentives	incentive	NOUN
cblr-7807	373	9	securities	security	NOUN
cblr-7807	373	10	for	for	ADP
cblr-7807	373	11	at	at	ADV
cblr-7807	373	12	least	least	ADV
cblr-7807	373	13	one	one	NUM
cblr-7807	373	14	year	year	NOUN
cblr-7807	373	15	prior	prior	ADV
cblr-7807	373	16	to	to	ADP
cblr-7807	373	17	the	the	DET
cblr-7807	373	18	date	date	NOUN
cblr-7807	373	19	on	on	ADP
cblr-7807	373	20	which	which	PRON
cblr-7807	373	21	the	the	DET
cblr-7807	373	22	proposal	proposal	NOUN
cblr-7807	373	23	is	be	AUX
cblr-7807	373	24	submitted	submit	VERB
cblr-7807	373	25	.	.	PUNCT
cblr-7807	374	1	procedural	procedural	ADJ
cblr-7807	374	2	requirements	requirement	NOUN
cblr-7807	374	3	and	and	CCONJ
cblr-7807	374	4	resubmission	resubmission	NOUN
cblr-7807	374	5	thresholds	threshold	NOUN
cblr-7807	374	6	under	under	ADP
cblr-7807	374	7	exchange	exchange	NOUN
cblr-7807	374	8	act	act	NOUN
cblr-7807	374	9	rule	rule	VERB
cblr-7807	374	10	14a-8	14a-8	NUM
cblr-7807	374	11	,	,	PUNCT
cblr-7807	374	12	85	85	NUM
cblr-7807	374	13	fed	feed	VERB
cblr-7807	374	14	.	.	PUNCT
cblr-7807	375	1	reg	reg	PROPN
cblr-7807	375	2	.	.	PROPN
cblr-7807	375	3	70,240	70,240	NUM
cblr-7807	375	4	,	,	PUNCT
cblr-7807	375	5	70,241	70,241	NUM
cblr-7807	375	6	(	(	PUNCT
cblr-7807	375	7	sept	sept	PROPN
cblr-7807	375	8	.	.	PROPN
cblr-7807	375	9	23	23	NUM
cblr-7807	375	10	,	,	PUNCT
cblr-7807	375	11	2020	2020	NUM
cblr-7807	375	12	)	)	PUNCT
cblr-7807	375	13	(	(	PUNCT
cblr-7807	375	14	to	to	PART
cblr-7807	375	15	be	be	AUX
cblr-7807	375	16	codified	codify	VERB
cblr-7807	375	17	at	at	ADP
cblr-7807	375	18	17	17	NUM
cblr-7807	375	19	c.f.r	c.f.r	NOUN
cblr-7807	375	20	.	.	PUNCT
cblr-7807	376	1	pt	pt	PROPN
cblr-7807	376	2	.	.	PROPN
cblr-7807	376	3	240	240	NUM
cblr-7807	376	4	)	)	PUNCT
cblr-7807	376	5	.	.	PUNCT
cblr-7807	377	1	as	as	SCONJ
cblr-7807	377	2	amended	amend	VERB
cblr-7807	377	3	,	,	PUNCT
cblr-7807	377	4	the	the	DET
cblr-7807	377	5	rule	rule	NOUN
cblr-7807	377	6	now	now	ADV
cblr-7807	377	7	requires	require	VERB
cblr-7807	377	8	that	that	SCONJ
cblr-7807	377	9	a	a	DET
cblr-7807	377	10	proponent	proponent	NOUN
cblr-7807	377	11	have	have	AUX
cblr-7807	377	12	continuously	continuously	ADV
cblr-7807	377	13	held	hold	VERB
cblr-7807	377	14	at	at	ADP
cblr-7807	377	15	least	least	ADJ
cblr-7807	377	16	:	:	PUNCT
cblr-7807	377	17	$	$	SYM
cblr-7807	377	18	2,000	2,000	NUM
cblr-7807	377	19	of	of	ADP
cblr-7807	377	20	the	the	DET
cblr-7807	377	21	company	company	NOUN
cblr-7807	377	22	’s	’s	PART
cblr-7807	377	23	securities	security	NOUN
cblr-7807	377	24	entitled	entitle	VERB
cblr-7807	377	25	to	to	PART
cblr-7807	377	26	vote	vote	VERB
cblr-7807	377	27	on	on	ADP
cblr-7807	377	28	the	the	DET
cblr-7807	377	29	proposal	proposal	NOUN
cblr-7807	377	30	for	for	ADP
cblr-7807	377	31	at	at	ADV
cblr-7807	377	32	least	least	ADV
cblr-7807	377	33	three	three	NUM
cblr-7807	377	34	years	year	NOUN
cblr-7807	377	35	;	;	PUNCT
cblr-7807	377	36	$	$	SYM
cblr-7807	377	37	15,000	15,000	NUM
cblr-7807	377	38	of	of	ADP
cblr-7807	377	39	the	the	DET
cblr-7807	377	40	company	company	NOUN
cblr-7807	377	41	’s	’s	PART
cblr-7807	377	42	securities	security	NOUN
cblr-7807	377	43	entitled	entitle	VERB
cblr-7807	377	44	to	to	PART
cblr-7807	377	45	vote	vote	VERB
cblr-7807	377	46	on	on	ADP
cblr-7807	377	47	the	the	DET
cblr-7807	377	48	proposal	proposal	NOUN
cblr-7807	377	49	for	for	ADP
cblr-7807	377	50	at	at	ADV
cblr-7807	377	51	least	least	ADV
cblr-7807	377	52	two	two	NUM
cblr-7807	377	53	years	year	NOUN
cblr-7807	377	54	;	;	PUNCT
cblr-7807	377	55	or	or	CCONJ
cblr-7807	377	56	$	$	SYM
cblr-7807	377	57	25,000	25,000	NUM
cblr-7807	377	58	of	of	ADP
cblr-7807	377	59	the	the	DET
cblr-7807	377	60	company	company	NOUN
cblr-7807	377	61	’s	’s	PART
cblr-7807	377	62	securities	security	NOUN
cblr-7807	377	63	entitled	entitle	VERB
cblr-7807	377	64	to	to	PART
cblr-7807	377	65	vote	vote	VERB
cblr-7807	377	66	on	on	ADP
cblr-7807	377	67	the	the	DET
cblr-7807	377	68	proposal	proposal	NOUN
cblr-7807	377	69	for	for	ADP
cblr-7807	377	70	at	at	ADV
cblr-7807	377	71	least	least	ADV
cblr-7807	377	72	one	one	NUM
cblr-7807	377	73	year	year	NOUN
cblr-7807	377	74	.	.	PUNCT
cblr-7807	378	1	i	i	PRON
cblr-7807	378	2	d.	d.	PROPN
cblr-7807	378	3	(	(	PUNCT
cblr-7807	378	4	bullet	bullet	NOUN
cblr-7807	378	5	points	point	NOUN
cblr-7807	378	6	omitted	omit	VERB
cblr-7807	378	7	)	)	PUNCT
cblr-7807	378	8	.	.	PUNCT
cblr-7807	379	1	116	116	NUM
cblr-7807	379	2	see	see	VERB
cblr-7807	379	3	barzuza	barzuza	NOUN
cblr-7807	379	4	&	&	CCONJ
cblr-7807	379	5	talley	talley	PROPN
cblr-7807	379	6	,	,	PUNCT
cblr-7807	379	7	supra	supra	PROPN
cblr-7807	379	8	note	note	NOUN
cblr-7807	379	9	12	12	NUM
cblr-7807	379	10	,	,	PUNCT
cblr-7807	379	11	at	at	ADP
cblr-7807	379	12	186	186	NUM
cblr-7807	379	13	(	(	PUNCT
cblr-7807	379	14	expressing	express	VERB
cblr-7807	379	15	concern	concern	NOUN
cblr-7807	379	16	that	that	SCONJ
cblr-7807	379	17	“	"	PUNCT
cblr-7807	379	18	[	[	X
cblr-7807	379	19	t]he	t]he	ADV
cblr-7807	379	20	emerging	emerge	VERB
cblr-7807	379	21	delaware	delaware	PROPN
cblr-7807	379	22	approach	approach	NOUN
cblr-7807	379	23	.	.	PUNCT
cblr-7807	379	24	.	.	PUNCT
cblr-7807	379	25	.	.	PUNCT
cblr-7807	380	1	could	could	AUX
cblr-7807	380	2	expose	expose	VERB
cblr-7807	380	3	directors	director	NOUN
cblr-7807	380	4	that	that	PRON
cblr-7807	380	5	were	be	AUX
cblr-7807	380	6	nominated	nominate	VERB
cblr-7807	380	7	by	by	ADP
cblr-7807	380	8	activist	activist	ADJ
cblr-7807	380	9	hedge	hedge	NOUN
cblr-7807	380	10	funds	fund	NOUN
cblr-7807	380	11	to	to	ADP
cblr-7807	380	12	a	a	DET
cblr-7807	380	13	nontrivial	nontrivial	ADJ
cblr-7807	380	14	risk	risk	NOUN
cblr-7807	380	15	of	of	ADP
cblr-7807	380	16	liability	liability	NOUN
cblr-7807	380	17	”	"	PUNCT
cblr-7807	380	18	)	)	PUNCT
cblr-7807	380	19	.	.	PUNCT
cblr-7807	381	1	117	117	NUM
cblr-7807	381	2	golden	golden	ADJ
cblr-7807	381	3	-	-	PUNCT
cblr-7807	381	4	leash	leash	NOUN
cblr-7807	381	5	arrangements	arrangement	NOUN
cblr-7807	381	6	generally	generally	ADV
cblr-7807	381	7	are	be	AUX
cblr-7807	381	8	defined	define	VERB
cblr-7807	381	9	as	as	ADP
cblr-7807	381	10	agreements	agreement	NOUN
cblr-7807	381	11	or	or	CCONJ
cblr-7807	381	12	arrangements	arrangement	NOUN
cblr-7807	381	13	made	make	VERB
cblr-7807	381	14	by	by	ADP
cblr-7807	381	15	activist	activist	ADJ
cblr-7807	381	16	shareholders	shareholder	NOUN
cblr-7807	381	17	to	to	PART
cblr-7807	381	18	pay	pay	VERB
cblr-7807	381	19	a	a	DET
cblr-7807	381	20	director	director	NOUN
cblr-7807	381	21	or	or	CCONJ
cblr-7807	381	22	director	director	NOUN
cblr-7807	381	23	nominee	nominee	NOUN
cblr-7807	381	24	in	in	ADP
cblr-7807	381	25	connection	connection	NOUN
cblr-7807	381	26	with	with	ADP
cblr-7807	381	27	his	his	PRON
cblr-7807	381	28	or	or	CCONJ
cblr-7807	381	29	her	her	PRON
cblr-7807	381	30	service	service	NOUN
cblr-7807	381	31	on	on	ADP
cblr-7807	381	32	,	,	PUNCT
cblr-7807	381	33	or	or	CCONJ
cblr-7807	381	34	candidacy	candidacy	NOUN
cblr-7807	381	35	for	for	ADP
cblr-7807	381	36	,	,	PUNCT
cblr-7807	381	37	a	a	DET
cblr-7807	381	38	company	company	NOUN
cblr-7807	381	39	’s	’s	PART
cblr-7807	381	40	board	board	NOUN
cblr-7807	381	41	of	of	ADP
cblr-7807	381	42	directors	director	NOUN
cblr-7807	381	43	,	,	PUNCT
cblr-7807	381	44	usually	usually	ADV
cblr-7807	381	45	in	in	ADP
cblr-7807	381	46	connection	connection	NOUN
cblr-7807	381	47	with	with	ADP
cblr-7807	381	48	a	a	DET
cblr-7807	381	49	proxy	proxy	NOUN
cblr-7807	381	50	fight	fight	NOUN
cblr-7807	381	51	.	.	PUNCT
cblr-7807	382	1	in	in	ADP
cblr-7807	382	2	a	a	DET
cblr-7807	382	3	typical	typical	ADJ
cblr-7807	382	4	arrangement	arrangement	NOUN
cblr-7807	382	5	,	,	PUNCT
cblr-7807	382	6	a	a	DET
cblr-7807	382	7	director	director	NOUN
cblr-7807	382	8	or	or	CCONJ
cblr-7807	382	9	nominee	nominee	NOUN
cblr-7807	382	10	is	be	AUX
cblr-7807	382	11	entitled	entitle	VERB
cblr-7807	382	12	to	to	PART
cblr-7807	382	13	receive	receive	VERB
cblr-7807	382	14	certain	certain	ADJ
cblr-7807	382	15	compensation	compensation	NOUN
cblr-7807	382	16	directly	directly	ADV
cblr-7807	382	17	from	from	ADP
cblr-7807	382	18	the	the	DET
cblr-7807	382	19	relevant	relevant	ADJ
cblr-7807	382	20	activist	activist	NOUN
cblr-7807	382	21	shareholder	shareholder	NOUN
cblr-7807	382	22	if	if	SCONJ
cblr-7807	382	23	the	the	DET
cblr-7807	382	24	company	company	NOUN
cblr-7807	382	25	’s	’s	PART
cblr-7807	382	26	stock	stock	NOUN
cblr-7807	382	27	price	price	NOUN
cblr-7807	382	28	performs	perform	VERB
cblr-7807	382	29	in	in	ADP
cblr-7807	382	30	a	a	DET
cblr-7807	382	31	certain	certain	ADJ
cblr-7807	382	32	manner	manner	NOUN
cblr-7807	382	33	over	over	ADP
cblr-7807	382	34	a	a	DET
cblr-7807	382	35	specific	specific	ADJ
cblr-7807	382	36	time	time	NOUN
cblr-7807	382	37	period	period	NOUN
cblr-7807	382	38	.	.	PUNCT
cblr-7807	383	1	brian	brian	PROPN
cblr-7807	383	2	r.	r.	PROPN
cblr-7807	383	3	rosenau	rosenau	PROPN
cblr-7807	383	4	,	,	PUNCT
cblr-7807	383	5	nasdaq	nasdaq	PROPN
cblr-7807	383	6	adopts	adopt	VERB
cblr-7807	383	7	rule	rule	NOUN
cblr-7807	383	8	requiring	require	VERB
cblr-7807	383	9	disclosure	disclosure	NOUN
cblr-7807	383	10	of	of	ADP
cblr-7807	383	11	goldenleash	goldenleash	NOUN
cblr-7807	383	12	arrangements	arrangement	NOUN
cblr-7807	383	13	,	,	PUNCT
cblr-7807	383	14	bus	bus	NOUN
cblr-7807	383	15	.	.	PUNCT
cblr-7807	384	1	l.	l.	PROPN
cblr-7807	384	2	today	today	NOUN
cblr-7807	384	3	,	,	PUNCT
cblr-7807	384	4	sept	sept	PROPN
cblr-7807	384	5	.	.	PROPN
cblr-7807	384	6	2016	2016	NUM
cblr-7807	384	7	,	,	PUNCT
cblr-7807	384	8	at	at	ADP
cblr-7807	384	9	1	1	NUM
cblr-7807	384	10	.	.	PUNCT
cblr-7807	384	11	118	118	NUM
cblr-7807	384	12	see	see	VERB
cblr-7807	384	13	bainbridge	bainbridge	PROPN
cblr-7807	384	14	,	,	PUNCT
cblr-7807	384	15	supra	supra	PROPN
cblr-7807	384	16	note	note	NOUN
cblr-7807	384	17	112	112	NUM
cblr-7807	384	18	,	,	PUNCT
cblr-7807	384	19	at	at	ADP
cblr-7807	384	20	246	246	NUM
cblr-7807	384	21	(	(	PUNCT
cblr-7807	384	22	“	"	PUNCT
cblr-7807	384	23	the	the	DET
cblr-7807	384	24	proxy	proxy	NOUN
cblr-7807	384	25	rules	rule	NOUN
cblr-7807	384	26	also	also	ADV
cblr-7807	384	27	should	should	AUX
cblr-7807	384	28	be	be	AUX
cblr-7807	384	29	amended	amend	VERB
cblr-7807	384	30	to	to	PART
cblr-7807	384	31	prevent	prevent	VERB
cblr-7807	384	32	hedge	hedge	NOUN
cblr-7807	384	33	funds	fund	NOUN
cblr-7807	384	34	from	from	ADP
cblr-7807	384	35	compensating	compensate	VERB
cblr-7807	384	36	those	those	DET
cblr-7807	384	37	members	member	NOUN
cblr-7807	384	38	of	of	ADP
cblr-7807	384	39	an	an	DET
cblr-7807	384	40	issuer	issuer	NOUN
cblr-7807	384	41	’s	’s	PART
cblr-7807	384	42	board	board	NOUN
cblr-7807	384	43	of	of	ADP
cblr-7807	384	44	directors	director	NOUN
cblr-7807	384	45	that	that	PRON
cblr-7807	384	46	were	be	AUX
cblr-7807	384	47	nominated	nominate	VERB
cblr-7807	384	48	by	by	ADP
cblr-7807	384	49	the	the	DET
cblr-7807	384	50	fund	fund	NOUN
cblr-7807	384	51	.	.	PUNCT
cblr-7807	384	52	”	"	PUNCT
cblr-7807	384	53	)	)	PUNCT
cblr-7807	384	54	.	.	PUNCT
cblr-7807	385	1	bainbridge	bainbridge	PROPN
cblr-7807	385	2	(	(	PUNCT
cblr-7807	385	3	comment	comment	NOUN
cblr-7807	385	4	)	)	PUNCT
cblr-7807	385	5	12/28/2020	12/28/2020	NUM
cblr-7807	385	6	3:25	3:25	NUM
cblr-7807	385	7	pm	pm	NOUN
cblr-7807	385	8	no	no	INTJ
cblr-7807	385	9	.	.	PUNCT
cblr-7807	386	1	3:801	3:801	NUM
cblr-7807	386	2	]	]	X
cblr-7807	386	3	long	long	ADJ
cblr-7807	386	4	-	-	PUNCT
cblr-7807	386	5	term	term	NOUN
cblr-7807	386	6	bias	bias	NOUN
cblr-7807	386	7	and	and	CCONJ
cblr-7807	386	8	director	director	NOUN
cblr-7807	386	9	primacy	primacy	NOUN
cblr-7807	386	10	827	827	NUM
cblr-7807	386	11	to	to	PART
cblr-7807	386	12	acquiesce	acquiesce	VERB
cblr-7807	386	13	in	in	ADP
cblr-7807	386	14	—	—	PUNCT
cblr-7807	386	15	or	or	CCONJ
cblr-7807	386	16	even	even	ADV
cblr-7807	386	17	assist	assist	VERB
cblr-7807	386	18	—	—	PUNCT
cblr-7807	386	19	private	private	ADJ
cblr-7807	386	20	rent	rent	NOUN
cblr-7807	386	21	seeking	seek	VERB
cblr-7807	386	22	by	by	ADP
cblr-7807	386	23	their	their	PRON
cblr-7807	386	24	fund	fund	NOUN
cblr-7807	386	25	sponsor.119	sponsor.119	PROPN
cblr-7807	386	26	as	as	SCONJ
cblr-7807	386	27	greg	greg	PROPN
cblr-7807	386	28	shill	shill	PROPN
cblr-7807	386	29	has	have	AUX
cblr-7807	386	30	pointed	point	VERB
cblr-7807	386	31	out	out	ADP
cblr-7807	386	32	,	,	PUNCT
cblr-7807	386	33	trados	trado	NOUN
cblr-7807	386	34	and	and	CCONJ
cblr-7807	386	35	the	the	DET
cblr-7807	386	36	other	other	ADJ
cblr-7807	386	37	similar	similar	ADJ
cblr-7807	386	38	recent	recent	ADJ
cblr-7807	386	39	cases	case	NOUN
cblr-7807	386	40	that	that	PRON
cblr-7807	386	41	barzuza	barzuza	NOUN
cblr-7807	386	42	and	and	CCONJ
cblr-7807	386	43	talley	talley	NOUN
cblr-7807	386	44	characterize	characterize	VERB
cblr-7807	386	45	as	as	ADP
cblr-7807	386	46	involving	involve	VERB
cblr-7807	386	47	judicial	judicial	ADJ
cblr-7807	386	48	concern	concern	NOUN
cblr-7807	386	49	with	with	ADP
cblr-7807	386	50	short	short	ADJ
cblr-7807	386	51	-	-	PUNCT
cblr-7807	386	52	termism120	termism120	NOUN
cblr-7807	386	53	are	be	AUX
cblr-7807	386	54	really	really	ADV
cblr-7807	386	55	about	about	ADP
cblr-7807	386	56	“	"	PUNCT
cblr-7807	386	57	conflicts	conflict	NOUN
cblr-7807	386	58	between	between	ADP
cblr-7807	386	59	the	the	DET
cblr-7807	386	60	duties	duty	NOUN
cblr-7807	386	61	[	[	PUNCT
cblr-7807	386	62	directors	director	NOUN
cblr-7807	386	63	nominated	nominate	VERB
cblr-7807	386	64	by	by	ADP
cblr-7807	386	65	activist	activist	ADJ
cblr-7807	386	66	investors	investor	NOUN
cblr-7807	386	67	]	]	PUNCT
cblr-7807	386	68	owe	owe	VERB
cblr-7807	386	69	their	their	PRON
cblr-7807	386	70	nominating	nominating	NOUN
cblr-7807	386	71	funds	fund	NOUN
cblr-7807	386	72	and	and	CCONJ
cblr-7807	386	73	the	the	DET
cblr-7807	386	74	companies	company	NOUN
cblr-7807	386	75	on	on	ADP
cblr-7807	386	76	whose	whose	DET
cblr-7807	386	77	boards	board	NOUN
cblr-7807	386	78	they	they	PRON
cblr-7807	386	79	serve	serve	VERB
cblr-7807	386	80	.	.	PUNCT
cblr-7807	386	81	”121	”121	PUNCT
cblr-7807	386	82	as	as	SCONJ
cblr-7807	386	83	professor	professor	PROPN
cblr-7807	386	84	john	john	PROPN
cblr-7807	386	85	coffee	coffee	PROPN
cblr-7807	386	86	has	have	AUX
cblr-7807	386	87	observed	observe	VERB
cblr-7807	386	88	,	,	PUNCT
cblr-7807	386	89	those	those	DET
cblr-7807	386	90	conflicts	conflict	NOUN
cblr-7807	386	91	are	be	AUX
cblr-7807	386	92	real	real	ADJ
cblr-7807	386	93	and	and	CCONJ
cblr-7807	386	94	serious.122	serious.122	NOUN
cblr-7807	386	95	golden	golden	ADJ
cblr-7807	386	96	-	-	PUNCT
cblr-7807	386	97	leash	leash	NOUN
cblr-7807	386	98	arrangements	arrangement	NOUN
cblr-7807	386	99	“	"	PUNCT
cblr-7807	386	100	can	can	AUX
cblr-7807	386	101	give	give	VERB
cblr-7807	386	102	rise	rise	NOUN
cblr-7807	386	103	to	to	ADP
cblr-7807	386	104	a	a	DET
cblr-7807	386	105	conflict	conflict	NOUN
cblr-7807	386	106	of	of	ADP
cblr-7807	386	107	interest	interest	NOUN
cblr-7807	386	108	that	that	PRON
cblr-7807	386	109	induces	induce	VERB
cblr-7807	386	110	a	a	DET
cblr-7807	386	111	director	director	NOUN
cblr-7807	386	112	to	to	PART
cblr-7807	386	113	subordinate	subordinate	VERB
cblr-7807	386	114	his	his	PRON
cblr-7807	386	115	or	or	CCONJ
cblr-7807	386	116	her	her	PRON
cblr-7807	386	117	own	own	ADJ
cblr-7807	386	118	judgment	judgment	NOUN
cblr-7807	386	119	to	to	ADP
cblr-7807	386	120	that	that	PRON
cblr-7807	386	121	of	of	ADP
cblr-7807	386	122	the	the	DET
cblr-7807	386	123	institution	institution	NOUN
cblr-7807	386	124	paying	pay	VERB
cblr-7807	386	125	the	the	DET
cblr-7807	386	126	director	director	NOUN
cblr-7807	386	127	.	.	PUNCT
cblr-7807	387	1	”123	”123	VERB
cblr-7807	387	2	such	such	ADJ
cblr-7807	387	3	arrangements	arrangement	NOUN
cblr-7807	387	4	“	"	PUNCT
cblr-7807	387	5	create	create	VERB
cblr-7807	387	6	the	the	DET
cblr-7807	387	7	wrong	wrong	ADJ
cblr-7807	387	8	incentives	incentive	NOUN
cblr-7807	387	9	,	,	PUNCT
cblr-7807	387	10	fragment	fragment	VERB
cblr-7807	387	11	the	the	DET
cblr-7807	387	12	board	board	NOUN
cblr-7807	387	13	,	,	PUNCT
cblr-7807	387	14	and	and	CCONJ
cblr-7807	387	15	imply	imply	VERB
cblr-7807	387	16	a	a	DET
cblr-7807	387	17	shift	shift	NOUN
cblr-7807	387	18	towards	towards	ADP
cblr-7807	387	19	both	both	CCONJ
cblr-7807	387	20	the	the	DET
cblr-7807	387	21	short	short	ADJ
cblr-7807	387	22	-	-	PUNCT
cblr-7807	387	23	term	term	NOUN
cblr-7807	387	24	and	and	CCONJ
cblr-7807	387	25	higher	high	ADJ
cblr-7807	387	26	risk	risk	NOUN
cblr-7807	387	27	.	.	PUNCT
cblr-7807	388	1	”124	”124	PUNCT
cblr-7807	389	1	the	the	DET
cblr-7807	389	2	implication	implication	NOUN
cblr-7807	389	3	i	i	PRON
cblr-7807	389	4	draw	draw	VERB
cblr-7807	389	5	from	from	ADP
cblr-7807	389	6	barzuza	barzuza	NOUN
cblr-7807	389	7	and	and	CCONJ
cblr-7807	389	8	talley	talley	NOUN
cblr-7807	389	9	’s	’s	PART
cblr-7807	389	10	analysis	analysis	NOUN
cblr-7807	389	11	thus	thus	ADV
cblr-7807	389	12	is	be	AUX
cblr-7807	389	13	that	that	SCONJ
cblr-7807	389	14	it	it	PRON
cblr-7807	389	15	strengthens	strengthen	VERB
cblr-7807	389	16	the	the	DET
cblr-7807	389	17	case	case	NOUN
cblr-7807	389	18	for	for	ADP
cblr-7807	389	19	director	director	NOUN
cblr-7807	389	20	primacy	primacy	NOUN
cblr-7807	389	21	—	—	PUNCT
cblr-7807	389	22	i.e.	i.e.	X
cblr-7807	389	23	,	,	PUNCT
cblr-7807	389	24	protecting	protect	VERB
cblr-7807	389	25	the	the	DET
cblr-7807	389	26	board	board	NOUN
cblr-7807	389	27	of	of	ADP
cblr-7807	389	28	directors	director	NOUN
cblr-7807	389	29	from	from	ADP
cblr-7807	389	30	interventions	intervention	NOUN
cblr-7807	389	31	by	by	ADP
cblr-7807	389	32	shareholders	shareholder	NOUN
cblr-7807	389	33	.	.	PUNCT
cblr-7807	390	1	although	although	SCONJ
cblr-7807	390	2	delaware	delaware	PROPN
cblr-7807	390	3	law	law	NOUN
cblr-7807	390	4	offers	offer	VERB
cblr-7807	390	5	occasional	occasional	ADJ
cblr-7807	390	6	platitudes	platitude	NOUN
cblr-7807	390	7	purportedly	purportedly	ADV
cblr-7807	390	8	elevating	elevate	VERB
cblr-7807	390	9	shareholder	shareholder	NOUN
cblr-7807	390	10	voting	voting	NOUN
cblr-7807	390	11	to	to	ADP
cblr-7807	390	12	pride	pride	NOUN
cblr-7807	390	13	of	of	ADP
cblr-7807	390	14	place,125	place,125	ADJ
cblr-7807	390	15	delaware	delaware	PROPN
cblr-7807	390	16	law	law	PROPN
cblr-7807	390	17	in	in	ADP
cblr-7807	390	18	fact	fact	NOUN
cblr-7807	390	19	remains	remain	VERB
cblr-7807	390	20	board	board	NOUN
cblr-7807	390	21	-	-	PUNCT
cblr-7807	390	22	centric.126	centric.126	NOUN
cblr-7807	390	23	as	as	ADP
cblr-7807	390	24	119	119	NUM
cblr-7807	390	25	i	i	PROPN
cblr-7807	390	26	d.	d.	PROPN
cblr-7807	390	27	for	for	ADP
cblr-7807	390	28	a	a	DET
cblr-7807	390	29	comprehensive	comprehensive	ADJ
cblr-7807	390	30	analysis	analysis	NOUN
cblr-7807	390	31	of	of	ADP
cblr-7807	390	32	golden	golden	ADJ
cblr-7807	390	33	leashes	leash	NOUN
cblr-7807	390	34	,	,	PUNCT
cblr-7807	390	35	see	see	VERB
cblr-7807	390	36	generally	generally	ADV
cblr-7807	390	37	matthew	matthew	PROPN
cblr-7807	390	38	d.	d.	PROPN
cblr-7807	390	39	cain	cain	PROPN
cblr-7807	390	40	et	et	PROPN
cblr-7807	390	41	al	al	PROPN
cblr-7807	390	42	.	.	PROPN
cblr-7807	390	43	,	,	PUNCT
cblr-7807	390	44	how	how	SCONJ
cblr-7807	390	45	corporate	corporate	ADJ
cblr-7807	390	46	governance	governance	NOUN
cblr-7807	390	47	is	be	AUX
cblr-7807	390	48	made	make	VERB
cblr-7807	390	49	:	:	PUNCT
cblr-7807	390	50	the	the	DET
cblr-7807	390	51	case	case	NOUN
cblr-7807	390	52	of	of	ADP
cblr-7807	390	53	the	the	DET
cblr-7807	390	54	golden	golden	ADJ
cblr-7807	390	55	leash	leash	NOUN
cblr-7807	390	56	,	,	PUNCT
cblr-7807	390	57	164	164	NUM
cblr-7807	390	58	u.	u.	PROPN
cblr-7807	390	59	pa	pa	PROPN
cblr-7807	390	60	.	.	PUNCT
cblr-7807	390	61	l.	l.	PROPN
cblr-7807	390	62	rev	rev	PROPN
cblr-7807	390	63	.	.	PROPN
cblr-7807	391	1	649	649	NUM
cblr-7807	391	2	(	(	PUNCT
cblr-7807	391	3	2016	2016	NUM
cblr-7807	391	4	)	)	PUNCT
cblr-7807	391	5	.	.	PUNCT
cblr-7807	392	1	120	120	NUM
cblr-7807	392	2	see	see	VERB
cblr-7807	392	3	supra	supra	PROPN
cblr-7807	392	4	notes	note	VERB
cblr-7807	392	5	78–82	78–82	NUM
cblr-7807	392	6	and	and	CCONJ
cblr-7807	392	7	accompanying	accompany	VERB
cblr-7807	392	8	text	text	NOUN
cblr-7807	392	9	(	(	PUNCT
cblr-7807	392	10	discussing	discuss	VERB
cblr-7807	392	11	barzuza	barzuza	NOUN
cblr-7807	392	12	and	and	CCONJ
cblr-7807	392	13	talley	talley	NOUN
cblr-7807	392	14	’s	’s	PART
cblr-7807	392	15	concern	concern	NOUN
cblr-7807	392	16	with	with	ADP
cblr-7807	392	17	trados	trado	NOUN
cblr-7807	392	18	and	and	CCONJ
cblr-7807	392	19	its	its	PRON
cblr-7807	392	20	ilk	ilk	NOUN
cblr-7807	392	21	)	)	PUNCT
cblr-7807	392	22	.	.	PUNCT
cblr-7807	393	1	121	121	NUM
cblr-7807	393	2	gregory	gregory	PROPN
cblr-7807	393	3	h.	h.	PROPN
cblr-7807	393	4	shill	shill	PROPN
cblr-7807	393	5	,	,	PUNCT
cblr-7807	393	6	the	the	DET
cblr-7807	393	7	golden	golden	ADJ
cblr-7807	393	8	leash	leash	NOUN
cblr-7807	393	9	and	and	CCONJ
cblr-7807	393	10	the	the	DET
cblr-7807	393	11	fiduciary	fiduciary	ADJ
cblr-7807	393	12	duty	duty	NOUN
cblr-7807	393	13	of	of	ADP
cblr-7807	393	14	loyalty	loyalty	NOUN
cblr-7807	393	15	,	,	PUNCT
cblr-7807	393	16	64	64	NUM
cblr-7807	393	17	ucla	ucla	PROPN
cblr-7807	393	18	l.	l.	PROPN
cblr-7807	393	19	rev	rev	PROPN
cblr-7807	393	20	.	.	PROPN
cblr-7807	393	21	1246	1246	NUM
cblr-7807	393	22	,	,	PUNCT
cblr-7807	393	23	1286	1286	NUM
cblr-7807	393	24	(	(	PUNCT
cblr-7807	393	25	2017	2017	NUM
cblr-7807	393	26	)	)	PUNCT
cblr-7807	393	27	.	.	PUNCT
cblr-7807	394	1	122	122	NUM
cblr-7807	394	2	john	john	PROPN
cblr-7807	394	3	c.	c.	PROPN
cblr-7807	394	4	coffee	coffee	PROPN
cblr-7807	394	5	,	,	PUNCT
cblr-7807	394	6	jr	jr	PROPN
cblr-7807	394	7	.	.	PROPN
cblr-7807	394	8	,	,	PUNCT
cblr-7807	394	9	shareholder	shareholder	NOUN
cblr-7807	394	10	activism	activism	NOUN
cblr-7807	394	11	and	and	CCONJ
cblr-7807	394	12	ethics	ethic	NOUN
cblr-7807	394	13	:	:	PUNCT
cblr-7807	394	14	are	be	AUX
cblr-7807	394	15	shareholder	shareholder	NOUN
cblr-7807	394	16	bonuses	bonus	NOUN
cblr-7807	394	17	incentives	incentive	NOUN
cblr-7807	394	18	or	or	CCONJ
cblr-7807	394	19	bribes	bribe	NOUN
cblr-7807	394	20	?	?	PUNCT
cblr-7807	394	21	,	,	PUNCT
cblr-7807	394	22	the	the	DET
cblr-7807	394	23	cls	cls	NOUN
cblr-7807	394	24	blue	blue	ADJ
cblr-7807	394	25	sky	sky	NOUN
cblr-7807	394	26	blog	blog	NOUN
cblr-7807	394	27	(	(	PUNCT
cblr-7807	394	28	apr	apr	PROPN
cblr-7807	394	29	.	.	PROPN
cblr-7807	394	30	29	29	NUM
cblr-7807	394	31	,	,	PUNCT
cblr-7807	394	32	2013	2013	NUM
cblr-7807	394	33	)	)	PUNCT
cblr-7807	394	34	,	,	PUNCT
cblr-7807	394	35	http://clsbluesky.law.columbia.edu/2013/04/29/shareholderactivism-and-ethics-are-shareholder-bonuses-incentives-or-bribes/	http://clsbluesky.law.columbia.edu/2013/04/29/shareholderactivism-and-ethics-are-shareholder-bonuses-incentives-or-bribes/	NOUN
cblr-7807	394	36	[	[	X
cblr-7807	394	37	https://perma.cc/6n43-g68d	https://perma.cc/6n43-g68d	X
cblr-7807	394	38	]	]	X
cblr-7807	394	39	.	.	PUNCT
cblr-7807	395	1	123	123	NUM
cblr-7807	396	1	i	i	PRON
cblr-7807	396	2	d.	d.	PROPN
cblr-7807	396	3	124	124	NUM
cblr-7807	397	1	i	i	PROPN
cblr-7807	397	2	d.	d.	PROPN
cblr-7807	397	3	125	125	NUM
cblr-7807	397	4	see	see	VERB
cblr-7807	397	5	,	,	PUNCT
cblr-7807	397	6	e.g.	e.g.	ADV
cblr-7807	397	7	,	,	PUNCT
cblr-7807	397	8	blasius	blasius	ADJ
cblr-7807	397	9	indus	indus	PROPN
cblr-7807	397	10	.	.	PUNCT
cblr-7807	398	1	v.	v.	PROPN
cblr-7807	398	2	atlas	atlas	PROPN
cblr-7807	398	3	corp	corp	PROPN
cblr-7807	398	4	.	.	PROPN
cblr-7807	398	5	,	,	PUNCT
cblr-7807	398	6	564	564	NUM
cblr-7807	398	7	a.2d	a.2d	NUM
cblr-7807	398	8	651	651	NUM
cblr-7807	398	9	,	,	PUNCT
cblr-7807	398	10	659	659	NUM
cblr-7807	398	11	(	(	PUNCT
cblr-7807	398	12	del	del	PROPN
cblr-7807	398	13	.	.	PROPN
cblr-7807	398	14	ch	ch	PROPN
cblr-7807	398	15	.	.	PROPN
cblr-7807	398	16	1988	1988	NUM
cblr-7807	398	17	)	)	PUNCT
cblr-7807	398	18	(	(	PUNCT
cblr-7807	398	19	“	"	PUNCT
cblr-7807	398	20	the	the	DET
cblr-7807	398	21	shareholder	shareholder	NOUN
cblr-7807	398	22	franchise	franchise	NOUN
cblr-7807	398	23	is	be	AUX
cblr-7807	398	24	the	the	DET
cblr-7807	398	25	ideological	ideological	ADJ
cblr-7807	398	26	underpinning	underpinning	NOUN
cblr-7807	398	27	upon	upon	SCONJ
cblr-7807	398	28	which	which	PRON
cblr-7807	398	29	the	the	DET
cblr-7807	398	30	legitimacy	legitimacy	NOUN
cblr-7807	398	31	of	of	ADP
cblr-7807	398	32	directorial	directorial	ADJ
cblr-7807	398	33	power	power	NOUN
cblr-7807	398	34	rests	rest	NOUN
cblr-7807	398	35	.	.	PUNCT
cblr-7807	398	36	”	"	PUNCT
cblr-7807	398	37	)	)	PUNCT
cblr-7807	398	38	.	.	PUNCT
cblr-7807	399	1	126	126	NUM
cblr-7807	399	2	see	see	VERB
cblr-7807	399	3	gorman	gorman	NOUN
cblr-7807	399	4	v.	v.	ADP
cblr-7807	399	5	salamone	salamone	PROPN
cblr-7807	399	6	,	,	PUNCT
cblr-7807	399	7	no	no	NOUN
cblr-7807	399	8	.	.	NOUN
cblr-7807	399	9	10183	10183	NUM
cblr-7807	399	10	-	-	PUNCT
cblr-7807	399	11	vcn	vcn	PROPN
cblr-7807	399	12	,	,	PUNCT
cblr-7807	399	13	2015	2015	NUM
cblr-7807	399	14	wl	wl	NOUN
cblr-7807	399	15	4719681	4719681	NUM
cblr-7807	399	16	,	,	PUNCT
cblr-7807	399	17	at	at	ADP
cblr-7807	399	18	*	*	NUM
cblr-7807	399	19	4	4	NUM
cblr-7807	399	20	n.18	n.18	X
cblr-7807	399	21	(	(	PUNCT
cblr-7807	399	22	del	del	PROPN
cblr-7807	399	23	.	.	PROPN
cblr-7807	399	24	ch	ch	PROPN
cblr-7807	399	25	.	.	PROPN
cblr-7807	400	1	july	july	PROPN
cblr-7807	400	2	31	31	NUM
cblr-7807	400	3	,	,	PUNCT
cblr-7807	400	4	2015	2015	NUM
cblr-7807	400	5	)	)	PUNCT
cblr-7807	400	6	(	(	PUNCT
cblr-7807	400	7	“	"	PUNCT
cblr-7807	400	8	[	[	X
cblr-7807	400	9	a	a	X
cblr-7807	400	10	]	]	X
cblr-7807	400	11	delaware	delaware	PROPN
cblr-7807	400	12	corporation	corporation	PROPN
cblr-7807	400	13	is	be	AUX
cblr-7807	400	14	a	a	DET
cblr-7807	400	15	board	board	NOUN
cblr-7807	400	16	-	-	PUNCT
cblr-7807	400	17	centric	centric	ADJ
cblr-7807	400	18	bainbridge	bainbridge	NOUN
cblr-7807	400	19	(	(	PUNCT
cblr-7807	400	20	comment	comment	NOUN
cblr-7807	400	21	)	)	PUNCT
cblr-7807	400	22	12/28/2020	12/28/2020	NUM
cblr-7807	400	23	3:25	3:25	NUM
cblr-7807	400	24	pm	pm	NOUN
cblr-7807	400	25	828	828	NUM
cblr-7807	400	26	columbia	columbia	PROPN
cblr-7807	400	27	business	business	NOUN
cblr-7807	400	28	law	law	PROPN
cblr-7807	400	29	review	review	NOUN
cblr-7807	400	30	[	[	X
cblr-7807	400	31	vol	vol	NOUN
cblr-7807	400	32	.	.	PUNCT
cblr-7807	400	33	2020	2020	NUM
cblr-7807	401	1	i	i	PRON
cblr-7807	401	2	have	have	AUX
cblr-7807	401	3	argued	argue	VERB
cblr-7807	401	4	elsewhere	elsewhere	ADV
cblr-7807	401	5	,	,	PUNCT
cblr-7807	401	6	delaware	delaware	PROPN
cblr-7807	401	7	law	law	PROPN
cblr-7807	401	8	thus	thus	ADV
cblr-7807	401	9	rests	rest	VERB
cblr-7807	401	10	not	not	PART
cblr-7807	401	11	on	on	ADP
cblr-7807	401	12	a	a	DET
cblr-7807	401	13	model	model	NOUN
cblr-7807	401	14	of	of	ADP
cblr-7807	401	15	shareholder	shareholder	NOUN
cblr-7807	401	16	primacy	primacy	NOUN
cblr-7807	401	17	but	but	CCONJ
cblr-7807	401	18	rather	rather	ADV
cblr-7807	401	19	on	on	ADP
cblr-7807	401	20	one	one	NUM
cblr-7807	401	21	of	of	ADP
cblr-7807	401	22	director	director	NOUN
cblr-7807	401	23	primacy.127	primacy.127	NOUN
cblr-7807	401	24	limits	limit	VERB
cblr-7807	401	25	on	on	ADP
cblr-7807	401	26	shareholder	shareholder	NOUN
cblr-7807	401	27	power	power	NOUN
cblr-7807	401	28	follow	follow	VERB
cblr-7807	401	29	directly	directly	ADV
cblr-7807	401	30	from	from	ADP
cblr-7807	401	31	the	the	DET
cblr-7807	401	32	director	director	NOUN
cblr-7807	401	33	primacy	primacy	NOUN
cblr-7807	401	34	model128	model128	PROPN
cblr-7807	401	35	:	:	PUNCT
cblr-7807	401	36	given	give	VERB
cblr-7807	401	37	the	the	DET
cblr-7807	401	38	collective	collective	ADJ
cblr-7807	401	39	action	action	NOUN
cblr-7807	401	40	problems	problem	NOUN
cblr-7807	401	41	inherent	inherent	ADJ
cblr-7807	401	42	to	to	ADP
cblr-7807	401	43	such	such	DET
cblr-7807	401	44	a	a	DET
cblr-7807	401	45	large	large	ADJ
cblr-7807	401	46	number	number	NOUN
cblr-7807	401	47	of	of	ADP
cblr-7807	401	48	potential	potential	ADJ
cblr-7807	401	49	decisionmakers	decisionmaker	NOUN
cblr-7807	401	50	,	,	PUNCT
cblr-7807	401	51	the	the	DET
cblr-7807	401	52	differing	differ	VERB
cblr-7807	401	53	interests	interest	NOUN
cblr-7807	401	54	of	of	ADP
cblr-7807	401	55	shareholders	shareholder	NOUN
cblr-7807	401	56	,	,	PUNCT
cblr-7807	401	57	and	and	CCONJ
cblr-7807	401	58	their	their	PRON
cblr-7807	401	59	varying	vary	VERB
cblr-7807	401	60	levels	level	NOUN
cblr-7807	401	61	of	of	ADP
cblr-7807	401	62	knowledge	knowledge	NOUN
cblr-7807	401	63	about	about	ADP
cblr-7807	401	64	the	the	DET
cblr-7807	401	65	firm	firm	NOUN
cblr-7807	401	66	,	,	PUNCT
cblr-7807	401	67	it	it	PRON
cblr-7807	401	68	is	be	AUX
cblr-7807	401	69	“	"	PUNCT
cblr-7807	401	70	cheaper	cheap	ADJ
cblr-7807	401	71	and	and	CCONJ
cblr-7807	401	72	more	more	ADV
cblr-7807	401	73	efficient	efficient	ADJ
cblr-7807	401	74	to	to	PART
cblr-7807	401	75	transmit	transmit	VERB
cblr-7807	401	76	all	all	DET
cblr-7807	401	77	the	the	DET
cblr-7807	401	78	pieces	piece	NOUN
cblr-7807	401	79	of	of	ADP
cblr-7807	401	80	information	information	NOUN
cblr-7807	401	81	once	once	ADV
cblr-7807	401	82	to	to	ADP
cblr-7807	401	83	a	a	DET
cblr-7807	401	84	central	central	ADJ
cblr-7807	401	85	place	place	NOUN
cblr-7807	401	86	”	"	PUNCT
cblr-7807	401	87	and	and	CCONJ
cblr-7807	401	88	to	to	PART
cblr-7807	401	89	have	have	VERB
cblr-7807	401	90	the	the	DET
cblr-7807	401	91	central	central	ADJ
cblr-7807	401	92	office	office	NOUN
cblr-7807	401	93	“	"	PUNCT
cblr-7807	401	94	make	make	VERB
cblr-7807	401	95	the	the	DET
cblr-7807	401	96	collective	collective	ADJ
cblr-7807	401	97	decision	decision	NOUN
cblr-7807	401	98	and	and	CCONJ
cblr-7807	401	99	transmit	transmit	VERB
cblr-7807	401	100	it	it	PRON
cblr-7807	401	101	rather	rather	ADV
cblr-7807	401	102	than	than	ADP
cblr-7807	401	103	retransmit	retransmit	VERB
cblr-7807	401	104	all	all	DET
cblr-7807	401	105	the	the	DET
cblr-7807	401	106	information	information	NOUN
cblr-7807	401	107	on	on	ADP
cblr-7807	401	108	which	which	PRON
cblr-7807	401	109	the	the	DET
cblr-7807	401	110	decision	decision	NOUN
cblr-7807	401	111	is	be	AUX
cblr-7807	401	112	based	base	VERB
cblr-7807	401	113	.	.	PUNCT
cblr-7807	401	114	”	"	PUNCT
cblr-7807	402	1	shareholders	shareholder	NOUN
cblr-7807	402	2	therefore	therefore	ADV
cblr-7807	402	3	will	will	AUX
cblr-7807	402	4	prefer	prefer	VERB
cblr-7807	402	5	to	to	PART
cblr-7807	402	6	irrevocably	irrevocably	ADV
cblr-7807	402	7	delegate	delegate	VERB
cblr-7807	402	8	decisionmaking	decisionmake	VERB
cblr-7807	402	9	authority	authority	NOUN
cblr-7807	402	10	to	to	ADP
cblr-7807	402	11	some	some	DET
cblr-7807	402	12	smaller	small	ADJ
cblr-7807	402	13	group	group	NOUN
cblr-7807	402	14	.	.	PUNCT
cblr-7807	403	1	as	as	SCONJ
cblr-7807	403	2	we	we	PRON
cblr-7807	403	3	have	have	AUX
cblr-7807	403	4	seen	see	VERB
cblr-7807	403	5	,	,	PUNCT
cblr-7807	403	6	that	that	DET
cblr-7807	403	7	group	group	NOUN
cblr-7807	403	8	is	be	AUX
cblr-7807	403	9	the	the	DET
cblr-7807	403	10	board	board	NOUN
cblr-7807	403	11	of	of	ADP
cblr-7807	403	12	directors	director	NOUN
cblr-7807	403	13	.	.	PUNCT
cblr-7807	404	1	strong	strong	ADJ
cblr-7807	404	2	limits	limit	NOUN
cblr-7807	404	3	on	on	ADP
cblr-7807	404	4	shareholder	shareholder	NOUN
cblr-7807	404	5	control	control	NOUN
cblr-7807	404	6	are	be	AUX
cblr-7807	404	7	essential	essential	ADJ
cblr-7807	404	8	if	if	SCONJ
cblr-7807	404	9	that	that	PRON
cblr-7807	404	10	optimal	optimal	ADJ
cblr-7807	404	11	allocation	allocation	NOUN
cblr-7807	404	12	of	of	ADP
cblr-7807	404	13	decisionmaking	decisionmake	VERB
cblr-7807	404	14	authority	authority	NOUN
cblr-7807	404	15	is	be	AUX
cblr-7807	404	16	to	to	PART
cblr-7807	404	17	be	be	AUX
cblr-7807	404	18	protected	protect	VERB
cblr-7807	404	19	.	.	PUNCT
cblr-7807	405	1	any	any	DET
cblr-7807	405	2	meaningful	meaningful	ADJ
cblr-7807	405	3	degree	degree	NOUN
cblr-7807	405	4	of	of	ADP
cblr-7807	405	5	shareholder	shareholder	NOUN
cblr-7807	405	6	control	control	NOUN
cblr-7807	405	7	necessarily	necessarily	ADV
cblr-7807	405	8	requires	require	VERB
cblr-7807	405	9	that	that	SCONJ
cblr-7807	405	10	shareholders	shareholder	NOUN
cblr-7807	405	11	review	review	VERB
cblr-7807	405	12	management	management	NOUN
cblr-7807	405	13	decisions	decision	NOUN
cblr-7807	405	14	,	,	PUNCT
cblr-7807	405	15	and	and	CCONJ
cblr-7807	405	16	step	step	VERB
cblr-7807	405	17	in	in	ADP
cblr-7807	405	18	when	when	SCONJ
cblr-7807	405	19	management	management	NOUN
cblr-7807	405	20	performance	performance	NOUN
cblr-7807	405	21	falters	falter	VERB
cblr-7807	405	22	to	to	PART
cblr-7807	405	23	effect	effect	VERB
cblr-7807	405	24	a	a	DET
cblr-7807	405	25	change	change	NOUN
cblr-7807	405	26	in	in	ADP
cblr-7807	405	27	policy	policy	NOUN
cblr-7807	405	28	or	or	CCONJ
cblr-7807	405	29	personnel	personnel	NOUN
cblr-7807	405	30	.	.	PUNCT
cblr-7807	406	1	giving	give	VERB
cblr-7807	406	2	shareholders	shareholder	NOUN
cblr-7807	406	3	this	this	DET
cblr-7807	406	4	power	power	NOUN
cblr-7807	406	5	of	of	ADP
cblr-7807	406	6	review	review	NOUN
cblr-7807	406	7	differs	differ	VERB
cblr-7807	406	8	little	little	ADJ
cblr-7807	406	9	from	from	ADP
cblr-7807	406	10	giving	give	VERB
cblr-7807	406	11	them	they	PRON
cblr-7807	406	12	the	the	DET
cblr-7807	406	13	power	power	NOUN
cblr-7807	406	14	to	to	PART
cblr-7807	406	15	make	make	VERB
cblr-7807	406	16	management	management	NOUN
cblr-7807	406	17	decisions	decision	NOUN
cblr-7807	406	18	in	in	ADP
cblr-7807	406	19	the	the	DET
cblr-7807	406	20	first	first	ADJ
cblr-7807	406	21	place	place	NOUN
cblr-7807	406	22	.	.	PUNCT
cblr-7807	407	1	even	even	ADV
cblr-7807	407	2	though	though	SCONJ
cblr-7807	407	3	shareholders	shareholder	NOUN
cblr-7807	407	4	probably	probably	ADV
cblr-7807	407	5	would	would	AUX
cblr-7807	407	6	not	not	PART
cblr-7807	407	7	micromanage	micromanage	VERB
cblr-7807	407	8	portfolio	portfolio	NOUN
cblr-7807	407	9	corporations	corporation	NOUN
cblr-7807	407	10	,	,	PUNCT
cblr-7807	407	11	vesting	vest	VERB
cblr-7807	407	12	them	they	PRON
cblr-7807	407	13	entity	entity	NOUN
cblr-7807	407	14	.	.	PUNCT
cblr-7807	407	15	”	"	PUNCT
cblr-7807	407	16	)	)	PUNCT
cblr-7807	407	17	;	;	PUNCT
cblr-7807	407	18	in	in	ADP
cblr-7807	407	19	re	re	PROPN
cblr-7807	407	20	cnx	cnx	PROPN
cblr-7807	407	21	gas	gas	PROPN
cblr-7807	407	22	corp	corp	PROPN
cblr-7807	407	23	.	.	PROPN
cblr-7807	407	24	s’holders	s’holder	VERB
cblr-7807	407	25	litig	litig	PROPN
cblr-7807	407	26	.	.	PUNCT
cblr-7807	407	27	,	,	PUNCT
cblr-7807	407	28	no	no	INTJ
cblr-7807	407	29	.	.	PUNCT
cblr-7807	408	1	5377	5377	NUM
cblr-7807	408	2	-	-	PUNCT
cblr-7807	408	3	vcl	vcl	PROPN
cblr-7807	408	4	,	,	PUNCT
cblr-7807	408	5	2010	2010	NUM
cblr-7807	408	6	wl	wl	NOUN
cblr-7807	408	7	2705147	2705147	NUM
cblr-7807	408	8	,	,	PUNCT
cblr-7807	408	9	at	at	ADP
cblr-7807	408	10	*	*	NUM
cblr-7807	408	11	10	10	NUM
cblr-7807	408	12	(	(	PUNCT
cblr-7807	408	13	del	del	PROPN
cblr-7807	408	14	.	.	PROPN
cblr-7807	408	15	ch	ch	PROPN
cblr-7807	408	16	.	.	PROPN
cblr-7807	408	17	july	july	PROPN
cblr-7807	408	18	5	5	NUM
cblr-7807	408	19	,	,	PUNCT
cblr-7807	408	20	2010	2010	NUM
cblr-7807	408	21	)	)	PUNCT
cblr-7807	408	22	(	(	PUNCT
cblr-7807	408	23	“	"	PUNCT
cblr-7807	408	24	delaware	delaware	PROPN
cblr-7807	408	25	law	law	PROPN
cblr-7807	408	26	would	would	AUX
cblr-7807	408	27	seem	seem	VERB
cblr-7807	408	28	to	to	PART
cblr-7807	408	29	call	call	VERB
cblr-7807	408	30	for	for	ADP
cblr-7807	408	31	a	a	DET
cblr-7807	408	32	consistently	consistently	ADV
cblr-7807	408	33	board	board	NOUN
cblr-7807	408	34	-	-	PUNCT
cblr-7807	408	35	centric	centric	ADJ
cblr-7807	408	36	approach	approach	NOUN
cblr-7807	408	37	.	.	PUNCT
cblr-7807	408	38	”	"	PUNCT
cblr-7807	408	39	)	)	PUNCT
cblr-7807	408	40	;	;	PUNCT
cblr-7807	408	41	see	see	VERB
cblr-7807	408	42	also	also	ADV
cblr-7807	408	43	j.	j.	PROPN
cblr-7807	408	44	travis	travis	PROPN
cblr-7807	408	45	laster	laster	PROPN
cblr-7807	408	46	&	&	CCONJ
cblr-7807	408	47	john	john	PROPN
cblr-7807	408	48	mark	mark	PROPN
cblr-7807	408	49	zeberkiewicz	zeberkiewicz	PROPN
cblr-7807	408	50	,	,	PUNCT
cblr-7807	408	51	the	the	DET
cblr-7807	408	52	rights	right	NOUN
cblr-7807	408	53	and	and	CCONJ
cblr-7807	408	54	duties	duty	NOUN
cblr-7807	408	55	of	of	ADP
cblr-7807	408	56	blockholder	blockholder	NOUN
cblr-7807	408	57	directors	director	NOUN
cblr-7807	408	58	,	,	PUNCT
cblr-7807	408	59	70	70	NUM
cblr-7807	408	60	bus	bus	NOUN
cblr-7807	408	61	.	.	PUNCT
cblr-7807	409	1	law	law	NOUN
cblr-7807	409	2	.	.	PUNCT
cblr-7807	410	1	33	33	NUM
cblr-7807	410	2	,	,	PUNCT
cblr-7807	410	3	35	35	NUM
cblr-7807	410	4	(	(	PUNCT
cblr-7807	410	5	2014	2014	NUM
cblr-7807	410	6	)	)	PUNCT
cblr-7807	410	7	(	(	PUNCT
cblr-7807	410	8	“	"	PUNCT
cblr-7807	410	9	delaware	delaware	PROPN
cblr-7807	410	10	corporate	corporate	ADJ
cblr-7807	410	11	law	law	NOUN
cblr-7807	410	12	embraces	embrace	VERB
cblr-7807	410	13	a	a	DET
cblr-7807	410	14	‘	'	PUNCT
cblr-7807	410	15	board	board	NOUN
cblr-7807	410	16	-	-	PUNCT
cblr-7807	410	17	centric	centric	ADJ
cblr-7807	410	18	’	'	PUNCT
cblr-7807	410	19	model	model	NOUN
cblr-7807	410	20	of	of	ADP
cblr-7807	410	21	governance	governance	NOUN
cblr-7807	410	22	.	.	PUNCT
cblr-7807	410	23	”	"	PUNCT
cblr-7807	410	24	)	)	PUNCT
cblr-7807	410	25	.	.	PUNCT
cblr-7807	411	1	127	127	NUM
cblr-7807	411	2	see	see	NOUN
cblr-7807	411	3	,	,	PUNCT
cblr-7807	411	4	e.g.	e.g.	ADV
cblr-7807	411	5	,	,	PUNCT
cblr-7807	411	6	stephen	stephen	PROPN
cblr-7807	411	7	m.	m.	PROPN
cblr-7807	411	8	bainbridge	bainbridge	PROPN
cblr-7807	411	9	,	,	PUNCT
cblr-7807	411	10	star	star	PROPN
cblr-7807	411	11	lopez	lopez	PROPN
cblr-7807	411	12	&	&	CCONJ
cblr-7807	411	13	benjamin	benjamin	PROPN
cblr-7807	411	14	oklan	oklan	PROPN
cblr-7807	411	15	,	,	PUNCT
cblr-7807	411	16	the	the	DET
cblr-7807	411	17	convergence	convergence	NOUN
cblr-7807	411	18	of	of	ADP
cblr-7807	411	19	good	good	ADJ
cblr-7807	411	20	faith	faith	NOUN
cblr-7807	411	21	and	and	CCONJ
cblr-7807	411	22	oversight	oversight	NOUN
cblr-7807	411	23	,	,	PUNCT
cblr-7807	411	24	55	55	NUM
cblr-7807	411	25	ucla	ucla	NOUN
cblr-7807	411	26	l.	l.	PROPN
cblr-7807	411	27	rev	rev	PROPN
cblr-7807	411	28	.	.	PROPN
cblr-7807	411	29	559	559	NUM
cblr-7807	411	30	,	,	PUNCT
cblr-7807	411	31	567	567	NUM
cblr-7807	411	32	(	(	PUNCT
cblr-7807	411	33	2008	2008	NUM
cblr-7807	411	34	)	)	PUNCT
cblr-7807	411	35	(	(	PUNCT
cblr-7807	411	36	“	"	PUNCT
cblr-7807	411	37	delaware	delaware	PROPN
cblr-7807	411	38	case	case	NOUN
cblr-7807	411	39	law	law	NOUN
cblr-7807	411	40	consistently	consistently	ADV
cblr-7807	411	41	indicates	indicate	VERB
cblr-7807	411	42	a	a	DET
cblr-7807	411	43	regime	regime	NOUN
cblr-7807	411	44	of	of	ADP
cblr-7807	411	45	director	director	NOUN
cblr-7807	411	46	primacy	primacy	NOUN
cblr-7807	411	47	.	.	PUNCT
cblr-7807	411	48	”	"	PUNCT
cblr-7807	411	49	)	)	PUNCT
cblr-7807	411	50	.	.	PUNCT
cblr-7807	412	1	delaware	delaware	PROPN
cblr-7807	412	2	courts	court	NOUN
cblr-7807	412	3	have	have	AUX
cblr-7807	412	4	concurred	concur	VERB
cblr-7807	412	5	.	.	PUNCT
cblr-7807	413	1	see	see	VERB
cblr-7807	413	2	,	,	PUNCT
cblr-7807	413	3	e.g.	e.g.	ADV
cblr-7807	413	4	,	,	PUNCT
cblr-7807	413	5	in	in	ADP
cblr-7807	413	6	re	re	PROPN
cblr-7807	413	7	cnx	cnx	PROPN
cblr-7807	413	8	gas	gas	PROPN
cblr-7807	413	9	corp	corp	PROPN
cblr-7807	413	10	.	.	PROPN
cblr-7807	413	11	s’holders	s’holder	VERB
cblr-7807	413	12	litig	litig	PROPN
cblr-7807	413	13	.	.	PUNCT
cblr-7807	414	1	,	,	PUNCT
cblr-7807	414	2	at	at	ADP
cblr-7807	414	3	*	*	NUM
cblr-7807	414	4	15	15	NUM
cblr-7807	414	5	(	(	PUNCT
cblr-7807	414	6	“	"	PUNCT
cblr-7807	414	7	[	[	X
cblr-7807	414	8	d]irector	d]irector	NOUN
cblr-7807	414	9	primacy	primacy	NOUN
cblr-7807	414	10	remains	remain	VERB
cblr-7807	414	11	the	the	DET
cblr-7807	414	12	centerpiece	centerpiece	NOUN
cblr-7807	414	13	of	of	ADP
cblr-7807	414	14	delaware	delaware	PROPN
cblr-7807	414	15	law	law	PROPN
cblr-7807	414	16	,	,	PUNCT
cblr-7807	414	17	even	even	ADV
cblr-7807	414	18	when	when	SCONJ
cblr-7807	414	19	a	a	DET
cblr-7807	414	20	controlling	control	VERB
cblr-7807	414	21	stockholder	stockholder	NOUN
cblr-7807	414	22	is	be	AUX
cblr-7807	414	23	present	present	ADJ
cblr-7807	414	24	.	.	PUNCT
cblr-7807	414	25	”	"	PUNCT
cblr-7807	414	26	)	)	PUNCT
cblr-7807	414	27	.	.	PUNCT
cblr-7807	415	1	128	128	NUM
cblr-7807	415	2	see	see	VERB
cblr-7807	415	3	stephen	stephen	PROPN
cblr-7807	415	4	m.	m.	PROPN
cblr-7807	415	5	bainbridge	bainbridge	PROPN
cblr-7807	415	6	,	,	PUNCT
cblr-7807	415	7	the	the	DET
cblr-7807	415	8	case	case	NOUN
cblr-7807	415	9	for	for	ADP
cblr-7807	415	10	limited	limited	ADJ
cblr-7807	415	11	shareholder	shareholder	NOUN
cblr-7807	415	12	voting	voting	NOUN
cblr-7807	415	13	rights	right	NOUN
cblr-7807	415	14	,	,	PUNCT
cblr-7807	415	15	53	53	NUM
cblr-7807	415	16	ucla	ucla	PROPN
cblr-7807	415	17	l.	l.	PROPN
cblr-7807	415	18	rev	rev	PROPN
cblr-7807	415	19	.	.	PROPN
cblr-7807	415	20	601	601	NUM
cblr-7807	415	21	,	,	PUNCT
cblr-7807	415	22	616–19	616–19	NUM
cblr-7807	415	23	(	(	PUNCT
cblr-7807	415	24	2006	2006	NUM
cblr-7807	415	25	)	)	PUNCT
cblr-7807	415	26	(	(	PUNCT
cblr-7807	415	27	discussing	discuss	VERB
cblr-7807	415	28	those	those	DET
cblr-7807	415	29	limits	limit	NOUN
cblr-7807	415	30	)	)	PUNCT
cblr-7807	415	31	.	.	PUNCT
cblr-7807	416	1	bainbridge	bainbridge	PROPN
cblr-7807	416	2	(	(	PUNCT
cblr-7807	416	3	comment	comment	NOUN
cblr-7807	416	4	)	)	PUNCT
cblr-7807	416	5	12/28/2020	12/28/2020	NUM
cblr-7807	416	6	3:25	3:25	NUM
cblr-7807	416	7	pm	pm	NOUN
cblr-7807	416	8	no	no	INTJ
cblr-7807	416	9	.	.	PUNCT
cblr-7807	417	1	3:801	3:801	NUM
cblr-7807	417	2	]	]	X
cblr-7807	417	3	long	long	ADJ
cblr-7807	417	4	-	-	PUNCT
cblr-7807	417	5	term	term	NOUN
cblr-7807	417	6	bias	bias	NOUN
cblr-7807	417	7	and	and	CCONJ
cblr-7807	417	8	director	director	NOUN
cblr-7807	417	9	primacy	primacy	NOUN
cblr-7807	417	10	829	829	NUM
cblr-7807	417	11	with	with	ADP
cblr-7807	417	12	the	the	DET
cblr-7807	417	13	power	power	NOUN
cblr-7807	417	14	to	to	PART
cblr-7807	417	15	review	review	VERB
cblr-7807	417	16	board	board	NOUN
cblr-7807	417	17	decisions	decision	NOUN
cblr-7807	417	18	inevitably	inevitably	ADV
cblr-7807	417	19	shifts	shift	VERB
cblr-7807	417	20	some	some	DET
cblr-7807	417	21	portion	portion	NOUN
cblr-7807	417	22	of	of	ADP
cblr-7807	417	23	the	the	DET
cblr-7807	417	24	board	board	NOUN
cblr-7807	417	25	’s	’s	PART
cblr-7807	417	26	authority	authority	NOUN
cblr-7807	417	27	to	to	ADP
cblr-7807	417	28	them	they	PRON
cblr-7807	417	29	.	.	PUNCT
cblr-7807	418	1	as	as	SCONJ
cblr-7807	418	2	arrow	arrow	NOUN
cblr-7807	418	3	explained	explain	VERB
cblr-7807	418	4	:	:	PUNCT
cblr-7807	418	5	clearly	clearly	ADV
cblr-7807	418	6	,	,	PUNCT
cblr-7807	418	7	a	a	DET
cblr-7807	418	8	sufficiently	sufficiently	ADV
cblr-7807	418	9	strict	strict	ADJ
cblr-7807	418	10	and	and	CCONJ
cblr-7807	418	11	continuous	continuous	ADJ
cblr-7807	418	12	organ	organ	NOUN
cblr-7807	418	13	of	of	ADP
cblr-7807	418	14	[	[	X
cblr-7807	418	15	accountability	accountability	NOUN
cblr-7807	418	16	]	]	PUNCT
cblr-7807	418	17	can	can	AUX
cblr-7807	418	18	easily	easily	ADV
cblr-7807	418	19	amount	amount	VERB
cblr-7807	418	20	to	to	ADP
cblr-7807	418	21	a	a	DET
cblr-7807	418	22	denial	denial	NOUN
cblr-7807	418	23	of	of	ADP
cblr-7807	418	24	authority	authority	NOUN
cblr-7807	418	25	.	.	PUNCT
cblr-7807	419	1	if	if	SCONJ
cblr-7807	419	2	every	every	DET
cblr-7807	419	3	decision	decision	NOUN
cblr-7807	419	4	of	of	ADP
cblr-7807	419	5	a	a	PRON
cblr-7807	419	6	is	be	AUX
cblr-7807	419	7	to	to	PART
cblr-7807	419	8	be	be	AUX
cblr-7807	419	9	reviewed	review	VERB
cblr-7807	419	10	by	by	ADP
cblr-7807	419	11	b	b	NOUN
cblr-7807	419	12	,	,	PUNCT
cblr-7807	419	13	then	then	ADV
cblr-7807	419	14	all	all	PRON
cblr-7807	419	15	we	we	PRON
cblr-7807	419	16	have	have	AUX
cblr-7807	419	17	really	really	ADV
cblr-7807	419	18	is	be	AUX
cblr-7807	419	19	a	a	DET
cblr-7807	419	20	shift	shift	NOUN
cblr-7807	419	21	in	in	ADP
cblr-7807	419	22	the	the	DET
cblr-7807	419	23	locus	locus	NOUN
cblr-7807	419	24	of	of	ADP
cblr-7807	419	25	authority	authority	NOUN
cblr-7807	419	26	from	from	ADP
cblr-7807	419	27	a	a	DET
cblr-7807	419	28	to	to	ADP
cblr-7807	419	29	b	b	NOUN
cblr-7807	419	30	and	and	CCONJ
cblr-7807	419	31	hence	hence	ADV
cblr-7807	419	32	no	no	DET
cblr-7807	419	33	solution	solution	NOUN
cblr-7807	419	34	to	to	ADP
cblr-7807	419	35	the	the	DET
cblr-7807	419	36	original	original	ADJ
cblr-7807	419	37	problem	problem	NOUN
cblr-7807	419	38	.	.	PUNCT
cblr-7807	420	1	this	this	PRON
cblr-7807	420	2	remains	remain	VERB
cblr-7807	420	3	true	true	ADJ
cblr-7807	420	4	even	even	ADV
cblr-7807	420	5	if	if	SCONJ
cblr-7807	420	6	only	only	ADV
cblr-7807	420	7	major	major	ADJ
cblr-7807	420	8	decisions	decision	NOUN
cblr-7807	420	9	of	of	ADP
cblr-7807	420	10	a	a	PRON
cblr-7807	420	11	are	be	AUX
cblr-7807	420	12	reviewed	review	VERB
cblr-7807	420	13	by	by	ADP
cblr-7807	420	14	b.	b.	PROPN
cblr-7807	420	15	the	the	DET
cblr-7807	420	16	separation	separation	NOUN
cblr-7807	420	17	of	of	ADP
cblr-7807	420	18	ownership	ownership	NOUN
cblr-7807	420	19	and	and	CCONJ
cblr-7807	420	20	control	control	NOUN
cblr-7807	420	21	mandated	mandate	VERB
cblr-7807	420	22	by	by	ADP
cblr-7807	420	23	u.s	u.s	PROPN
cblr-7807	420	24	.	.	PROPN
cblr-7807	420	25	corporate	corporate	ADJ
cblr-7807	420	26	law	law	NOUN
cblr-7807	420	27	effects	effect	NOUN
cblr-7807	420	28	thus	thus	ADV
cblr-7807	420	29	has	have	AUX
cblr-7807	420	30	a	a	DET
cblr-7807	420	31	strong	strong	ADJ
cblr-7807	420	32	efficiency	efficiency	NOUN
cblr-7807	420	33	justification.129	justification.129	PROPN
cblr-7807	420	34	turning	turn	VERB
cblr-7807	420	35	from	from	ADP
cblr-7807	420	36	the	the	DET
cblr-7807	420	37	general	general	ADJ
cblr-7807	420	38	case	case	NOUN
cblr-7807	420	39	against	against	ADP
cblr-7807	420	40	shareholder	shareholder	NOUN
cblr-7807	420	41	empowerment	empowerment	NOUN
cblr-7807	420	42	to	to	ADP
cblr-7807	420	43	the	the	DET
cblr-7807	420	44	specifics	specific	NOUN
cblr-7807	420	45	of	of	ADP
cblr-7807	420	46	hedge	hedge	NOUN
cblr-7807	420	47	fund	fund	NOUN
cblr-7807	420	48	activism	activism	NOUN
cblr-7807	420	49	,	,	PUNCT
cblr-7807	420	50	we	we	PRON
cblr-7807	420	51	“	"	PUNCT
cblr-7807	420	52	must	must	AUX
cblr-7807	420	53	consider	consider	VERB
cblr-7807	420	54	whether	whether	SCONJ
cblr-7807	420	55	the	the	DET
cblr-7807	420	56	incentives	incentive	NOUN
cblr-7807	420	57	created	create	VERB
cblr-7807	420	58	for	for	ADP
cblr-7807	420	59	institutional	institutional	ADJ
cblr-7807	420	60	investors	investor	NOUN
cblr-7807	420	61	—	—	PUNCT
cblr-7807	420	62	the	the	DET
cblr-7807	420	63	‘	'	PUNCT
cblr-7807	420	64	empowered	empower	VERB
cblr-7807	420	65	shareholders	shareholder	NOUN
cblr-7807	420	66	’	'	PUNCT
cblr-7807	420	67	of	of	ADP
cblr-7807	420	68	today	today	NOUN
cblr-7807	420	69	—	—	PUNCT
cblr-7807	420	70	tilt	tilt	NOUN
cblr-7807	420	71	toward	toward	ADP
cblr-7807	420	72	the	the	DET
cblr-7807	420	73	short	short	ADJ
cblr-7807	420	74	term	term	NOUN
cblr-7807	420	75	or	or	CCONJ
cblr-7807	420	76	may	may	AUX
cblr-7807	420	77	be	be	AUX
cblr-7807	420	78	otherwise	otherwise	ADV
cblr-7807	420	79	biased	bias	VERB
cblr-7807	420	80	.	.	PUNCT
cblr-7807	420	81	”130	”130	X
cblr-7807	421	1	barzuza	barzuza	PROPN
cblr-7807	421	2	and	and	CCONJ
cblr-7807	421	3	talley	talley	NOUN
cblr-7807	421	4	concede	concede	VERB
cblr-7807	421	5	that	that	SCONJ
cblr-7807	421	6	—	—	PUNCT
cblr-7807	421	7	like	like	ADP
cblr-7807	421	8	all	all	DET
cblr-7807	421	9	humans	human	NOUN
cblr-7807	421	10	—	—	PUNCT
cblr-7807	421	11	hedge	hedge	NOUN
cblr-7807	421	12	fund	fund	NOUN
cblr-7807	421	13	managers	manager	NOUN
cblr-7807	421	14	are	be	AUX
cblr-7807	421	15	subject	subject	ADJ
cblr-7807	421	16	to	to	ADP
cblr-7807	421	17	their	their	PRON
cblr-7807	421	18	own	own	ADJ
cblr-7807	421	19	set	set	NOUN
cblr-7807	421	20	of	of	ADP
cblr-7807	421	21	biases	bias	NOUN
cblr-7807	421	22	,	,	PUNCT
cblr-7807	421	23	but	but	CCONJ
cblr-7807	421	24	suggest	suggest	VERB
cblr-7807	421	25	that	that	SCONJ
cblr-7807	421	26	fund	fund	NOUN
cblr-7807	421	27	manager	manager	NOUN
cblr-7807	421	28	biases	bias	NOUN
cblr-7807	421	29	towards	towards	ADP
cblr-7807	421	30	the	the	DET
cblr-7807	421	31	short	short	ADJ
cblr-7807	421	32	-	-	PUNCT
cblr-7807	421	33	term	term	NOUN
cblr-7807	421	34	are	be	AUX
cblr-7807	421	35	useful	useful	ADJ
cblr-7807	421	36	because	because	SCONJ
cblr-7807	421	37	they	they	PRON
cblr-7807	421	38	counteract	counteract	VERB
cblr-7807	421	39	managers	manager	NOUN
cblr-7807	421	40	’	'	PUNCT
cblr-7807	421	41	hyperopia.131	hyperopia.131	NUM
cblr-7807	421	42	they	they	PRON
cblr-7807	421	43	argue	argue	VERB
cblr-7807	421	44	that	that	SCONJ
cblr-7807	421	45	hedge	hedge	NOUN
cblr-7807	421	46	fund	fund	NOUN
cblr-7807	421	47	short	short	ADJ
cblr-7807	421	48	-	-	PUNCT
cblr-7807	421	49	termism	termism	NOUN
cblr-7807	421	50	“	"	PUNCT
cblr-7807	421	51	may	may	AUX
cblr-7807	421	52	represent	represent	VERB
cblr-7807	421	53	an	an	DET
cblr-7807	421	54	efficient	efficient	ADJ
cblr-7807	421	55	counter	counter	NOUN
cblr-7807	421	56	-	-	NOUN
cblr-7807	421	57	ballast	ballast	ADJ
cblr-7807	421	58	against	against	ADP
cblr-7807	421	59	at	at	ADP
cblr-7807	421	60	least	least	ADJ
cblr-7807	421	61	certain	certain	ADJ
cblr-7807	421	62	forms	form	NOUN
cblr-7807	421	63	of	of	ADP
cblr-7807	421	64	long	long	ADJ
cblr-7807	421	65	-	-	PUNCT
cblr-7807	421	66	termist	termist	NOUN
cblr-7807	421	67	overinvestment	overinvestment	NOUN
cblr-7807	421	68	.	.	PUNCT
cblr-7807	422	1	”132	”132	VERB
cblr-7807	422	2	129	129	NUM
cblr-7807	422	3	stephen	stephen	PROPN
cblr-7807	422	4	m.	m.	PROPN
cblr-7807	422	5	bainbridge	bainbridge	PROPN
cblr-7807	422	6	,	,	PUNCT
cblr-7807	422	7	an	an	DET
cblr-7807	422	8	abridged	abridge	VERB
cblr-7807	422	9	case	case	NOUN
cblr-7807	422	10	for	for	ADP
cblr-7807	422	11	director	director	NOUN
cblr-7807	422	12	primacy	primacy	NOUN
cblr-7807	422	13	,	,	PUNCT
cblr-7807	422	14	62	62	NUM
cblr-7807	422	15	ucla	ucla	PROPN
cblr-7807	422	16	l.	l.	PROPN
cblr-7807	422	17	rev	rev	PROPN
cblr-7807	422	18	.	.	PROPN
cblr-7807	423	1	discourse	discourse	PROPN
cblr-7807	423	2	69	69	NUM
cblr-7807	423	3	,	,	PUNCT
cblr-7807	423	4	70	70	NUM
cblr-7807	423	5	(	(	PUNCT
cblr-7807	423	6	2014	2014	NUM
cblr-7807	423	7	)	)	PUNCT
cblr-7807	423	8	(	(	PUNCT
cblr-7807	423	9	footnotes	footnote	NOUN
cblr-7807	423	10	omitted	omit	VERB
cblr-7807	423	11	)	)	PUNCT
cblr-7807	423	12	(	(	PUNCT
cblr-7807	424	1	quoting	quote	VERB
cblr-7807	424	2	kenneth	kenneth	PROPN
cblr-7807	424	3	j.	j.	PROPN
cblr-7807	424	4	arrow	arrow	PROPN
cblr-7807	424	5	,	,	PUNCT
cblr-7807	424	6	the	the	DET
cblr-7807	424	7	limits	limit	NOUN
cblr-7807	424	8	of	of	ADP
cblr-7807	424	9	organization	organization	NOUN
cblr-7807	424	10	68	68	NUM
cblr-7807	424	11	,	,	PUNCT
cblr-7807	424	12	78	78	NUM
cblr-7807	424	13	(	(	PUNCT
cblr-7807	424	14	1974	1974	NUM
cblr-7807	424	15	)	)	PUNCT
cblr-7807	424	16	)	)	PUNCT
cblr-7807	424	17	.	.	PUNCT
cblr-7807	425	1	130	130	NUM
cblr-7807	425	2	usha	usha	PROPN
cblr-7807	425	3	rodrigues	rodrigue	NOUN
cblr-7807	425	4	,	,	PUNCT
cblr-7807	425	5	corporate	corporate	ADJ
cblr-7807	425	6	governance	governance	NOUN
cblr-7807	425	7	in	in	ADP
cblr-7807	425	8	an	an	DET
cblr-7807	425	9	age	age	NOUN
cblr-7807	425	10	of	of	ADP
cblr-7807	425	11	separation	separation	NOUN
cblr-7807	425	12	of	of	ADP
cblr-7807	425	13	ownership	ownership	NOUN
cblr-7807	425	14	from	from	ADP
cblr-7807	425	15	ownership	ownership	NOUN
cblr-7807	425	16	,	,	PUNCT
cblr-7807	425	17	95	95	NUM
cblr-7807	425	18	minn	minn	NOUN
cblr-7807	425	19	.	.	PUNCT
cblr-7807	426	1	l.	l.	PROPN
cblr-7807	426	2	rev	rev	PROPN
cblr-7807	426	3	.	.	PROPN
cblr-7807	426	4	1822	1822	NUM
cblr-7807	426	5	,	,	PUNCT
cblr-7807	426	6	1828	1828	NUM
cblr-7807	426	7	(	(	PUNCT
cblr-7807	426	8	2011	2011	NUM
cblr-7807	426	9	)	)	PUNCT
cblr-7807	426	10	.	.	PUNCT
cblr-7807	427	1	in	in	ADP
cblr-7807	427	2	addition	addition	NOUN
cblr-7807	427	3	,	,	PUNCT
cblr-7807	427	4	recall	recall	VERB
cblr-7807	427	5	that	that	DET
cblr-7807	427	6	hedge	hedge	NOUN
cblr-7807	427	7	fund	fund	NOUN
cblr-7807	427	8	activism	activism	NOUN
cblr-7807	427	9	aimed	aim	VERB
cblr-7807	427	10	at	at	ADP
cblr-7807	427	11	management	management	NOUN
cblr-7807	427	12	’s	’s	PART
cblr-7807	427	13	long	long	ADJ
cblr-7807	427	14	-	-	PUNCT
cblr-7807	427	15	term	term	NOUN
cblr-7807	427	16	bias	bias	NOUN
cblr-7807	427	17	is	be	AUX
cblr-7807	427	18	rare	rare	ADJ
cblr-7807	427	19	.	.	PUNCT
cblr-7807	428	1	see	see	VERB
cblr-7807	428	2	supra	supra	PROPN
cblr-7807	428	3	note	note	PROPN
cblr-7807	428	4	64	64	NUM
cblr-7807	428	5	and	and	CCONJ
cblr-7807	428	6	accompanying	accompany	VERB
cblr-7807	428	7	text	text	NOUN
cblr-7807	428	8	.	.	PUNCT
cblr-7807	429	1	131	131	NUM
cblr-7807	429	2	see	see	VERB
cblr-7807	429	3	barzuza	barzuza	NOUN
cblr-7807	429	4	&	&	CCONJ
cblr-7807	429	5	talley	talley	PROPN
cblr-7807	429	6	,	,	PUNCT
cblr-7807	429	7	supra	supra	PROPN
cblr-7807	429	8	note	note	NOUN
cblr-7807	429	9	12	12	NUM
cblr-7807	429	10	,	,	PUNCT
cblr-7807	429	11	at	at	ADP
cblr-7807	429	12	174	174	NUM
cblr-7807	429	13	(	(	PUNCT
cblr-7807	429	14	“	"	PUNCT
cblr-7807	429	15	[	[	X
cblr-7807	429	16	t]he	t]he	ADV
cblr-7807	429	17	interaction	interaction	NOUN
cblr-7807	429	18	of	of	ADP
cblr-7807	429	19	longand	longand	PROPN
cblr-7807	429	20	short	short	ADJ
cblr-7807	429	21	-	-	PUNCT
cblr-7807	429	22	term	term	NOUN
cblr-7807	429	23	biases	bias	NOUN
cblr-7807	429	24	probably	probably	ADV
cblr-7807	429	25	does	do	AUX
cblr-7807	429	26	not	not	PART
cblr-7807	429	27	always	always	ADV
cblr-7807	429	28	result	result	VERB
cblr-7807	429	29	in	in	ADP
cblr-7807	429	30	perfectly	perfectly	ADV
cblr-7807	429	31	optimal	optimal	ADJ
cblr-7807	429	32	outcomes	outcome	NOUN
cblr-7807	429	33	,	,	PUNCT
cblr-7807	429	34	but	but	CCONJ
cblr-7807	429	35	by	by	ADP
cblr-7807	429	36	plausibly	plausibly	ADV
cblr-7807	429	37	interacting	interact	VERB
cblr-7807	429	38	in	in	ADP
cblr-7807	429	39	this	this	DET
cblr-7807	429	40	way	way	NOUN
cblr-7807	429	41	,	,	PUNCT
cblr-7807	429	42	short	short	ADJ
cblr-7807	429	43	-	-	PUNCT
cblr-7807	429	44	term	term	NOUN
cblr-7807	429	45	bias	bias	NOUN
cblr-7807	429	46	and	and	CCONJ
cblr-7807	429	47	long	long	ADJ
cblr-7807	429	48	-	-	PUNCT
cblr-7807	429	49	term	term	NOUN
cblr-7807	429	50	bias	bias	NOUN
cblr-7807	429	51	will	will	AUX
cblr-7807	429	52	tend	tend	VERB
cblr-7807	429	53	to	to	PART
cblr-7807	429	54	mitigate	mitigate	VERB
cblr-7807	429	55	one	one	NUM
cblr-7807	429	56	another	another	DET
cblr-7807	429	57	’s	’s	PART
cblr-7807	429	58	greatest	great	ADJ
cblr-7807	429	59	shortcomings	shortcoming	NOUN
cblr-7807	429	60	.	.	PUNCT
cblr-7807	429	61	”	"	PUNCT
cblr-7807	429	62	)	)	PUNCT
cblr-7807	429	63	.	.	PUNCT
cblr-7807	430	1	132	132	NUM
cblr-7807	430	2	i	i	PRON
cblr-7807	430	3	d.	d.	PROPN
cblr-7807	430	4	at	at	ADP
cblr-7807	430	5	117	117	NUM
cblr-7807	430	6	.	.	PUNCT
cblr-7807	431	1	bainbridge	bainbridge	PROPN
cblr-7807	431	2	(	(	PUNCT
cblr-7807	431	3	comment	comment	NOUN
cblr-7807	431	4	)	)	PUNCT
cblr-7807	431	5	12/28/2020	12/28/2020	NUM
cblr-7807	431	6	3:25	3:25	NUM
cblr-7807	431	7	pm	pm	NOUN
cblr-7807	431	8	830	830	NUM
cblr-7807	431	9	columbia	columbia	PROPN
cblr-7807	431	10	business	business	NOUN
cblr-7807	431	11	law	law	PROPN
cblr-7807	431	12	review	review	NOUN
cblr-7807	431	13	[	[	X
cblr-7807	431	14	vol	vol	NOUN
cblr-7807	431	15	.	.	PUNCT
cblr-7807	431	16	2020	2020	NUM
cblr-7807	431	17	even	even	ADV
cblr-7807	431	18	if	if	SCONJ
cblr-7807	431	19	we	we	PRON
cblr-7807	431	20	assume	assume	VERB
cblr-7807	431	21	that	that	SCONJ
cblr-7807	431	22	hedge	hedge	NOUN
cblr-7807	431	23	fund	fund	NOUN
cblr-7807	431	24	managers	manager	NOUN
cblr-7807	431	25	tend	tend	VERB
cblr-7807	431	26	to	to	PART
cblr-7807	431	27	be	be	AUX
cblr-7807	431	28	biased	bias	VERB
cblr-7807	431	29	towards	towards	ADP
cblr-7807	431	30	the	the	DET
cblr-7807	431	31	short	short	ADJ
cblr-7807	431	32	-	-	PUNCT
cblr-7807	431	33	term	term	NOUN
cblr-7807	431	34	,	,	PUNCT
cblr-7807	431	35	which	which	PRON
cblr-7807	431	36	seems	seem	VERB
cblr-7807	431	37	likely,133	likely,133	PRON
cblr-7807	431	38	there	there	PRON
cblr-7807	431	39	are	be	VERB
cblr-7807	431	40	a	a	DET
cblr-7807	431	41	number	number	NOUN
cblr-7807	431	42	of	of	ADP
cblr-7807	431	43	reasons	reason	NOUN
cblr-7807	431	44	to	to	PART
cblr-7807	431	45	be	be	AUX
cblr-7807	431	46	skeptical	skeptical	ADJ
cblr-7807	431	47	of	of	ADP
cblr-7807	431	48	barzuza	barzuza	NOUN
cblr-7807	431	49	and	and	CCONJ
cblr-7807	431	50	talley	talley	NOUN
cblr-7807	431	51	’s	’s	PART
cblr-7807	431	52	argument	argument	NOUN
cblr-7807	431	53	.	.	PUNCT
cblr-7807	432	1	first	first	ADV
cblr-7807	432	2	,	,	PUNCT
cblr-7807	432	3	as	as	ADP
cblr-7807	432	4	barzuza	barzuza	NOUN
cblr-7807	432	5	and	and	CCONJ
cblr-7807	432	6	talley	talley	PROPN
cblr-7807	432	7	concede	concede	PROPN
cblr-7807	432	8	,	,	PUNCT
cblr-7807	432	9	management	management	NOUN
cblr-7807	432	10	can	can	AUX
cblr-7807	432	11	sometimes	sometimes	ADV
cblr-7807	432	12	be	be	AUX
cblr-7807	432	13	biased	bias	VERB
cblr-7807	432	14	towards	towards	ADP
cblr-7807	432	15	short	short	ADJ
cblr-7807	432	16	-	-	PUNCT
cblr-7807	432	17	term	term	NOUN
cblr-7807	432	18	goals.134	goals.134	NOUN
cblr-7807	432	19	in	in	ADP
cblr-7807	432	20	cases	case	NOUN
cblr-7807	432	21	where	where	SCONJ
cblr-7807	432	22	management	management	NOUN
cblr-7807	432	23	is	be	AUX
cblr-7807	432	24	engaged	engage	VERB
cblr-7807	432	25	in	in	ADP
cblr-7807	432	26	undesirable	undesirable	ADJ
cblr-7807	432	27	short	short	ADJ
cblr-7807	432	28	-	-	PUNCT
cblr-7807	432	29	termism	termism	NOUN
cblr-7807	432	30	,	,	PUNCT
cblr-7807	432	31	hedge	hedge	NOUN
cblr-7807	432	32	fund	fund	NOUN
cblr-7807	432	33	activism	activism	NOUN
cblr-7807	432	34	of	of	ADP
cblr-7807	432	35	the	the	DET
cblr-7807	432	36	sort	sort	NOUN
cblr-7807	432	37	barzuza	barzuza	NOUN
cblr-7807	432	38	and	and	CCONJ
cblr-7807	432	39	talley	talley	PROPN
cblr-7807	432	40	wish	wish	VERB
cblr-7807	432	41	to	to	PART
cblr-7807	432	42	encourage	encourage	VERB
cblr-7807	432	43	would	would	AUX
cblr-7807	432	44	simply	simply	ADV
cblr-7807	432	45	compound	compound	VERB
cblr-7807	432	46	the	the	DET
cblr-7807	432	47	problem	problem	NOUN
cblr-7807	432	48	by	by	ADP
cblr-7807	432	49	adding	add	VERB
cblr-7807	432	50	an	an	DET
cblr-7807	432	51	additional	additional	ADJ
cblr-7807	432	52	source	source	NOUN
cblr-7807	432	53	of	of	ADP
cblr-7807	432	54	pressure	pressure	NOUN
cblr-7807	432	55	for	for	SCONJ
cblr-7807	432	56	managers	manager	NOUN
cblr-7807	432	57	to	to	PART
cblr-7807	432	58	prefer	prefer	VERB
cblr-7807	432	59	the	the	DET
cblr-7807	432	60	short	short	ADJ
cblr-7807	432	61	term	term	NOUN
cblr-7807	432	62	.	.	PUNCT
cblr-7807	433	1	second	second	ADJ
cblr-7807	433	2	,	,	PUNCT
cblr-7807	433	3	barzuza	barzuza	NOUN
cblr-7807	433	4	and	and	CCONJ
cblr-7807	433	5	talley	talley	NOUN
cblr-7807	433	6	present	present	VERB
cblr-7807	433	7	no	no	DET
cblr-7807	433	8	evidence	evidence	NOUN
cblr-7807	433	9	that	that	SCONJ
cblr-7807	433	10	hedge	hedge	NOUN
cblr-7807	433	11	fund	fund	NOUN
cblr-7807	433	12	activism	activism	NOUN
cblr-7807	433	13	motivated	motivate	VERB
cblr-7807	433	14	by	by	ADP
cblr-7807	433	15	managerial	managerial	ADJ
cblr-7807	433	16	long	long	ADJ
cblr-7807	433	17	-	-	PUNCT
cblr-7807	433	18	term	term	NOUN
cblr-7807	433	19	bias	bias	NOUN
cblr-7807	433	20	is	be	AUX
cblr-7807	433	21	sufficiently	sufficiently	ADV
cblr-7807	433	22	pervasive	pervasive	ADJ
cblr-7807	433	23	to	to	PART
cblr-7807	433	24	act	act	VERB
cblr-7807	433	25	as	as	ADP
cblr-7807	433	26	a	a	DET
cblr-7807	433	27	meaningful	meaningful	ADJ
cblr-7807	433	28	constraint	constraint	NOUN
cblr-7807	433	29	.	.	PUNCT
cblr-7807	434	1	to	to	ADP
cblr-7807	434	2	the	the	DET
cblr-7807	434	3	contrary	contrary	NOUN
cblr-7807	434	4	,	,	PUNCT
cblr-7807	434	5	the	the	DET
cblr-7807	434	6	fact	fact	NOUN
cblr-7807	434	7	that	that	SCONJ
cblr-7807	434	8	hedge	hedge	NOUN
cblr-7807	434	9	fund	fund	NOUN
cblr-7807	434	10	activism	activism	NOUN
cblr-7807	434	11	rarely	rarely	ADV
cblr-7807	434	12	takes	take	VERB
cblr-7807	434	13	forms	form	NOUN
cblr-7807	434	14	that	that	PRON
cblr-7807	434	15	would	would	AUX
cblr-7807	434	16	address	address	VERB
cblr-7807	434	17	managerial	managerial	ADJ
cblr-7807	434	18	short	short	ADJ
cblr-7807	434	19	-	-	PUNCT
cblr-7807	434	20	term	term	NOUN
cblr-7807	434	21	biases135	biases135	PROPN
cblr-7807	434	22	suggests	suggest	VERB
cblr-7807	434	23	that	that	SCONJ
cblr-7807	434	24	it	it	PRON
cblr-7807	434	25	is	be	AUX
cblr-7807	434	26	not	not	PART
cblr-7807	434	27	a	a	DET
cblr-7807	434	28	meaningful	meaningful	ADJ
cblr-7807	434	29	constraint	constraint	NOUN
cblr-7807	434	30	on	on	ADP
cblr-7807	434	31	those	those	DET
cblr-7807	434	32	biases	bias	NOUN
cblr-7807	434	33	.	.	PUNCT
cblr-7807	435	1	third	third	ADV
cblr-7807	435	2	,	,	PUNCT
cblr-7807	435	3	even	even	ADV
cblr-7807	435	4	if	if	SCONJ
cblr-7807	435	5	hedge	hedge	NOUN
cblr-7807	435	6	fund	fund	NOUN
cblr-7807	435	7	activism	activism	NOUN
cblr-7807	435	8	counterbalances	counterbalance	VERB
cblr-7807	435	9	management	management	NOUN
cblr-7807	435	10	short	short	ADJ
cblr-7807	435	11	-	-	PUNCT
cblr-7807	435	12	termism	termism	NOUN
cblr-7807	435	13	,	,	PUNCT
cblr-7807	435	14	it	it	PRON
cblr-7807	435	15	may	may	AUX
cblr-7807	435	16	be	be	AUX
cblr-7807	435	17	an	an	DET
cblr-7807	435	18	undesirable	undesirable	ADJ
cblr-7807	435	19	way	way	NOUN
cblr-7807	435	20	of	of	ADP
cblr-7807	435	21	achieving	achieve	VERB
cblr-7807	435	22	that	that	DET
cblr-7807	435	23	goal	goal	NOUN
cblr-7807	435	24	,	,	PUNCT
cblr-7807	435	25	because	because	SCONJ
cblr-7807	435	26	the	the	DET
cblr-7807	435	27	interests	interest	NOUN
cblr-7807	435	28	of	of	ADP
cblr-7807	435	29	hedge	hedge	NOUN
cblr-7807	435	30	funds	fund	NOUN
cblr-7807	435	31	may	may	AUX
cblr-7807	435	32	conflict	conflict	VERB
cblr-7807	435	33	not	not	PART
cblr-7807	435	34	only	only	ADV
cblr-7807	435	35	with	with	ADP
cblr-7807	435	36	those	those	PRON
cblr-7807	435	37	of	of	ADP
cblr-7807	435	38	managers	manager	NOUN
cblr-7807	435	39	but	but	CCONJ
cblr-7807	435	40	also	also	ADV
cblr-7807	435	41	with	with	ADP
cblr-7807	435	42	those	those	PRON
cblr-7807	435	43	of	of	ADP
cblr-7807	435	44	other	other	ADJ
cblr-7807	435	45	shareholders	shareholder	NOUN
cblr-7807	435	46	.	.	PUNCT
cblr-7807	436	1	investor	investor	NOUN
cblr-7807	436	2	time	time	NOUN
cblr-7807	436	3	horizons	horizon	NOUN
cblr-7807	436	4	vary	vary	VERB
cblr-7807	436	5	widely	widely	ADV
cblr-7807	436	6	from	from	ADP
cblr-7807	436	7	shortto	shortto	ADJ
cblr-7807	436	8	long	long	ADV
cblr-7807	436	9	-	-	PUNCT
cblr-7807	436	10	term.136	term.136	NOUN
cblr-7807	436	11	in	in	ADP
cblr-7807	436	12	turn	turn	NOUN
cblr-7807	436	13	,	,	PUNCT
cblr-7807	436	14	such	such	ADJ
cblr-7807	436	15	variations	variation	NOUN
cblr-7807	436	16	can	can	AUX
cblr-7807	436	17	lead	lead	VERB
cblr-7807	436	18	to	to	ADP
cblr-7807	436	19	wide	wide	ADJ
cblr-7807	436	20	divergence	divergence	NOUN
cblr-7807	436	21	in	in	ADP
cblr-7807	436	22	preferences.137	preferences.137	PROPN
cblr-7807	436	23	as	as	SCONJ
cblr-7807	436	24	usha	usha	PROPN
cblr-7807	436	25	rodrigues	rodrigues	PROPN
cblr-7807	436	26	thus	thus	ADV
cblr-7807	436	27	observes	observe	VERB
cblr-7807	436	28	,	,	PUNCT
cblr-7807	436	29	assuming	assume	VERB
cblr-7807	436	30	“	"	PUNCT
cblr-7807	436	31	shareholders	shareholder	NOUN
cblr-7807	436	32	have	have	VERB
cblr-7807	436	33	different	different	ADJ
cblr-7807	436	34	interests	interest	NOUN
cblr-7807	436	35	,	,	PUNCT
cblr-7807	436	36	most	most	ADV
cblr-7807	436	37	notably	notably	ADV
cblr-7807	436	38	divergent	divergent	ADJ
cblr-7807	436	39	investment	investment	NOUN
cblr-7807	436	40	time	time	NOUN
cblr-7807	436	41	horizons	horizon	NOUN
cblr-7807	436	42	,	,	PUNCT
cblr-7807	436	43	then	then	ADV
cblr-7807	436	44	simply	simply	ADV
cblr-7807	436	45	133	133	NUM
cblr-7807	436	46	see	see	VERB
cblr-7807	436	47	bowdren	bowdren	NOUN
cblr-7807	436	48	,	,	PUNCT
cblr-7807	436	49	supra	supra	PROPN
cblr-7807	436	50	note	note	NOUN
cblr-7807	436	51	43	43	NUM
cblr-7807	436	52	,	,	PUNCT
cblr-7807	436	53	at	at	ADP
cblr-7807	436	54	299	299	NUM
cblr-7807	436	55	(	(	PUNCT
cblr-7807	436	56	arguing	argue	VERB
cblr-7807	436	57	that	that	SCONJ
cblr-7807	436	58	shareholder	shareholder	NOUN
cblr-7807	436	59	activism	activism	NOUN
cblr-7807	436	60	tends	tend	VERB
cblr-7807	436	61	to	to	PART
cblr-7807	436	62	be	be	AUX
cblr-7807	436	63	focused	focus	VERB
cblr-7807	436	64	on	on	ADP
cblr-7807	436	65	the	the	DET
cblr-7807	436	66	short	short	ADJ
cblr-7807	436	67	term	term	NOUN
cblr-7807	436	68	)	)	PUNCT
cblr-7807	436	69	.	.	PUNCT
cblr-7807	437	1	134	134	NUM
cblr-7807	437	2	see	see	VERB
cblr-7807	437	3	barzuza	barzuza	NOUN
cblr-7807	437	4	&	&	CCONJ
cblr-7807	437	5	talley	talley	PROPN
cblr-7807	437	6	,	,	PUNCT
cblr-7807	437	7	supra	supra	PROPN
cblr-7807	437	8	note	note	NOUN
cblr-7807	437	9	12	12	NUM
cblr-7807	437	10	,	,	PUNCT
cblr-7807	437	11	at	at	ADP
cblr-7807	437	12	120	120	NUM
cblr-7807	437	13	(	(	PUNCT
cblr-7807	437	14	acknowledging	acknowledge	VERB
cblr-7807	437	15	shortterm	shortterm	NOUN
cblr-7807	437	16	pressures	pressure	NOUN
cblr-7807	437	17	and	and	CCONJ
cblr-7807	437	18	biases	bias	NOUN
cblr-7807	437	19	on	on	ADP
cblr-7807	437	20	the	the	DET
cblr-7807	437	21	part	part	NOUN
cblr-7807	437	22	of	of	ADP
cblr-7807	437	23	corporate	corporate	ADJ
cblr-7807	437	24	managers	manager	NOUN
cblr-7807	437	25	)	)	PUNCT
cblr-7807	437	26	.	.	PUNCT
cblr-7807	438	1	135	135	NUM
cblr-7807	438	2	see	see	VERB
cblr-7807	438	3	ryan	ryan	PROPN
cblr-7807	438	4	,	,	PUNCT
cblr-7807	438	5	supra	supra	PROPN
cblr-7807	438	6	note	note	NOUN
cblr-7807	438	7	64	64	NUM
cblr-7807	438	8	(	(	PUNCT
cblr-7807	438	9	discussing	discuss	VERB
cblr-7807	438	10	forms	form	NOUN
cblr-7807	438	11	of	of	ADP
cblr-7807	438	12	hedge	hedge	NOUN
cblr-7807	438	13	fund	fund	NOUN
cblr-7807	438	14	activism	activism	NOUN
cblr-7807	438	15	)	)	PUNCT
cblr-7807	438	16	.	.	PUNCT
cblr-7807	439	1	136	136	NUM
cblr-7807	439	2	see	see	VERB
cblr-7807	439	3	ugur	ugur	PROPN
cblr-7807	439	4	lel	lel	PROPN
cblr-7807	439	5	&	&	CCONJ
cblr-7807	439	6	mete	mete	PROPN
cblr-7807	439	7	tepe	tepe	PROPN
cblr-7807	439	8	,	,	PUNCT
cblr-7807	439	9	investor	investor	NOUN
cblr-7807	439	10	horizon	horizon	NOUN
cblr-7807	439	11	and	and	CCONJ
cblr-7807	439	12	managerial	managerial	ADJ
cblr-7807	439	13	shorttermism	shorttermism	NOUN
cblr-7807	439	14	1–2	1–2	NUM
cblr-7807	439	15	(	(	PUNCT
cblr-7807	439	16	mar	mar	PROPN
cblr-7807	439	17	.	.	PROPN
cblr-7807	439	18	11	11	NUM
cblr-7807	439	19	,	,	PUNCT
cblr-7807	439	20	2019	2019	NUM
cblr-7807	439	21	)	)	PUNCT
cblr-7807	439	22	(	(	PUNCT
cblr-7807	439	23	unpublished	unpublished	ADJ
cblr-7807	439	24	manuscript	manuscript	NOUN
cblr-7807	439	25	)	)	PUNCT
cblr-7807	439	26	,	,	PUNCT
cblr-7807	439	27	https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3209865	https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3209865	PROPN
cblr-7807	439	28	(	(	PUNCT
cblr-7807	439	29	on	on	ADP
cblr-7807	439	30	file	file	NOUN
cblr-7807	439	31	with	with	ADP
cblr-7807	439	32	the	the	DET
cblr-7807	439	33	columbia	columbia	PROPN
cblr-7807	439	34	business	business	PROPN
cblr-7807	439	35	law	law	PROPN
cblr-7807	439	36	review	review	PROPN
cblr-7807	439	37	)	)	PUNCT
cblr-7807	439	38	(	(	PUNCT
cblr-7807	439	39	arguing	argue	VERB
cblr-7807	439	40	that	that	SCONJ
cblr-7807	439	41	“	"	PUNCT
cblr-7807	439	42	investment	investment	NOUN
cblr-7807	439	43	horizon	horizon	NOUN
cblr-7807	439	44	is	be	AUX
cblr-7807	439	45	a	a	DET
cblr-7807	439	46	distinguishing	distinguish	VERB
cblr-7807	439	47	feature	feature	NOUN
cblr-7807	439	48	of	of	ADP
cblr-7807	439	49	shareholders	shareholder	NOUN
cblr-7807	439	50	,	,	PUNCT
cblr-7807	439	51	and	and	CCONJ
cblr-7807	439	52	it	it	PRON
cblr-7807	439	53	can	can	AUX
cblr-7807	439	54	affect	affect	VERB
cblr-7807	439	55	optimal	optimal	ADJ
cblr-7807	439	56	corporate	corporate	ADJ
cblr-7807	439	57	policies	policy	NOUN
cblr-7807	439	58	and	and	CCONJ
cblr-7807	439	59	firm	firm	ADJ
cblr-7807	439	60	valuation	valuation	NOUN
cblr-7807	439	61	in	in	ADP
cblr-7807	439	62	markets	market	NOUN
cblr-7807	439	63	with	with	ADP
cblr-7807	439	64	incomplete	incomplete	ADJ
cblr-7807	439	65	information	information	NOUN
cblr-7807	439	66	”	"	PUNCT
cblr-7807	439	67	)	)	PUNCT
cblr-7807	439	68	.	.	PUNCT
cblr-7807	440	1	137	137	NUM
cblr-7807	440	2	see	see	VERB
cblr-7807	440	3	i	i	PRON
cblr-7807	440	4	d.	d.	PROPN
cblr-7807	440	5	at	at	ADP
cblr-7807	440	6	2	2	NUM
cblr-7807	440	7	(	(	PUNCT
cblr-7807	440	8	“	"	PUNCT
cblr-7807	440	9	for	for	ADP
cblr-7807	440	10	example	example	NOUN
cblr-7807	440	11	,	,	PUNCT
cblr-7807	440	12	short	short	ADJ
cblr-7807	440	13	-	-	PUNCT
cblr-7807	440	14	term	term	NOUN
cblr-7807	440	15	shareholders	shareholder	NOUN
cblr-7807	440	16	may	may	AUX
cblr-7807	440	17	desire	desire	VERB
cblr-7807	440	18	r&d	r&d	NOUN
cblr-7807	440	19	expenditures	expenditure	NOUN
cblr-7807	440	20	to	to	PART
cblr-7807	440	21	be	be	AUX
cblr-7807	440	22	reduced	reduce	VERB
cblr-7807	440	23	,	,	PUNCT
cblr-7807	440	24	which	which	PRON
cblr-7807	440	25	creates	create	VERB
cblr-7807	440	26	a	a	DET
cblr-7807	440	27	conflict	conflict	NOUN
cblr-7807	440	28	of	of	ADP
cblr-7807	440	29	interest	interest	NOUN
cblr-7807	440	30	between	between	ADP
cblr-7807	440	31	long	long	ADJ
cblr-7807	440	32	-	-	PUNCT
cblr-7807	440	33	term	term	NOUN
cblr-7807	440	34	and	and	CCONJ
cblr-7807	440	35	short	short	ADJ
cblr-7807	440	36	-	-	PUNCT
cblr-7807	440	37	term	term	NOUN
cblr-7807	440	38	shareholders	shareholder	NOUN
cblr-7807	440	39	.	.	PUNCT
cblr-7807	440	40	”	"	PUNCT
cblr-7807	441	1	(	(	PUNCT
cblr-7807	441	2	citation	citation	NOUN
cblr-7807	441	3	omitted	omit	VERB
cblr-7807	441	4	)	)	PUNCT
cblr-7807	441	5	)	)	PUNCT
cblr-7807	441	6	.	.	PUNCT
cblr-7807	442	1	bainbridge	bainbridge	PROPN
cblr-7807	442	2	(	(	PUNCT
cblr-7807	442	3	comment	comment	NOUN
cblr-7807	442	4	)	)	PUNCT
cblr-7807	442	5	12/28/2020	12/28/2020	NUM
cblr-7807	442	6	3:25	3:25	NUM
cblr-7807	442	7	pm	pm	NOUN
cblr-7807	442	8	no	no	INTJ
cblr-7807	442	9	.	.	PUNCT
cblr-7807	443	1	3:801	3:801	NUM
cblr-7807	443	2	]	]	X
cblr-7807	443	3	long	long	ADJ
cblr-7807	443	4	-	-	PUNCT
cblr-7807	443	5	term	term	NOUN
cblr-7807	443	6	bias	bias	NOUN
cblr-7807	443	7	and	and	CCONJ
cblr-7807	443	8	director	director	NOUN
cblr-7807	443	9	primacy	primacy	NOUN
cblr-7807	443	10	831	831	NUM
cblr-7807	443	11	empowering	empower	VERB
cblr-7807	443	12	[	[	NOUN
cblr-7807	443	13	activist	activist	NOUN
cblr-7807	443	14	]	]	PUNCT
cblr-7807	443	15	investors	investor	NOUN
cblr-7807	443	16	risks	risk	VERB
cblr-7807	443	17	advantaging	advantage	VERB
cblr-7807	443	18	one	one	NUM
cblr-7807	443	19	group	group	NOUN
cblr-7807	443	20	of	of	ADP
cblr-7807	443	21	shareholders	shareholder	NOUN
cblr-7807	443	22	to	to	ADP
cblr-7807	443	23	the	the	DET
cblr-7807	443	24	detriment	detriment	NOUN
cblr-7807	443	25	of	of	ADP
cblr-7807	443	26	the	the	DET
cblr-7807	443	27	rest	rest	NOUN
cblr-7807	443	28	.	.	PUNCT
cblr-7807	444	1	”138	”138	PROPN
cblr-7807	445	1	another	another	DET
cblr-7807	445	2	reason	reason	NOUN
cblr-7807	445	3	to	to	PART
cblr-7807	445	4	believe	believe	VERB
cblr-7807	445	5	that	that	DET
cblr-7807	445	6	hedge	hedge	NOUN
cblr-7807	445	7	fund	fund	NOUN
cblr-7807	445	8	activism	activism	NOUN
cblr-7807	445	9	is	be	AUX
cblr-7807	445	10	not	not	PART
cblr-7807	445	11	a	a	DET
cblr-7807	445	12	desirable	desirable	ADJ
cblr-7807	445	13	way	way	NOUN
cblr-7807	445	14	of	of	ADP
cblr-7807	445	15	addressing	address	VERB
cblr-7807	445	16	management	management	NOUN
cblr-7807	445	17	’s	’s	PART
cblr-7807	445	18	long	long	ADJ
cblr-7807	445	19	-	-	PUNCT
cblr-7807	445	20	term	term	NOUN
cblr-7807	445	21	bias	bias	NOUN
cblr-7807	445	22	is	be	AUX
cblr-7807	445	23	that	that	SCONJ
cblr-7807	445	24	managerial	managerial	ADJ
cblr-7807	445	25	biases	bias	NOUN
cblr-7807	445	26	are	be	AUX
cblr-7807	445	27	not	not	PART
cblr-7807	445	28	the	the	DET
cblr-7807	445	29	only	only	ADJ
cblr-7807	445	30	biases	bias	NOUN
cblr-7807	445	31	that	that	PRON
cblr-7807	445	32	we	we	PRON
cblr-7807	445	33	must	must	AUX
cblr-7807	445	34	take	take	VERB
cblr-7807	445	35	into	into	ADP
cblr-7807	445	36	account	account	NOUN
cblr-7807	445	37	:	:	PUNCT
cblr-7807	445	38	corporate	corporate	ADJ
cblr-7807	445	39	managers	manager	NOUN
cblr-7807	445	40	are	be	AUX
cblr-7807	445	41	not	not	PART
cblr-7807	445	42	the	the	DET
cblr-7807	445	43	only	only	ADJ
cblr-7807	445	44	ones	one	NOUN
cblr-7807	445	45	whose	whose	DET
cblr-7807	445	46	decisions	decision	NOUN
cblr-7807	445	47	and	and	CCONJ
cblr-7807	445	48	actions	action	NOUN
cblr-7807	445	49	may	may	AUX
cblr-7807	445	50	be	be	AUX
cblr-7807	445	51	influenced	influence	VERB
cblr-7807	445	52	by	by	ADP
cblr-7807	445	53	the	the	DET
cblr-7807	445	54	overconfidence	overconfidence	NOUN
cblr-7807	445	55	bias	bias	NOUN
cblr-7807	445	56	.	.	PUNCT
cblr-7807	446	1	investors	investor	NOUN
cblr-7807	446	2	also	also	ADV
cblr-7807	446	3	can	can	AUX
cblr-7807	446	4	be	be	AUX
cblr-7807	446	5	overconfident	overconfident	ADJ
cblr-7807	446	6	in	in	ADP
cblr-7807	446	7	their	their	PRON
cblr-7807	446	8	abilities	ability	NOUN
cblr-7807	446	9	to	to	PART
cblr-7807	446	10	assess	assess	VERB
cblr-7807	446	11	risks	risk	NOUN
cblr-7807	446	12	and	and	CCONJ
cblr-7807	446	13	to	to	PART
cblr-7807	446	14	make	make	VERB
cblr-7807	446	15	wise	wise	ADJ
cblr-7807	446	16	investment	investment	NOUN
cblr-7807	446	17	decisions	decision	NOUN
cblr-7807	446	18	.	.	PUNCT
cblr-7807	447	1	most	most	ADJ
cblr-7807	447	2	investors	investor	NOUN
cblr-7807	447	3	overrate	overrate	VERB
cblr-7807	447	4	their	their	PRON
cblr-7807	447	5	stock	stock	NOUN
cblr-7807	447	6	-	-	PUNCT
cblr-7807	447	7	picking	pick	VERB
cblr-7807	447	8	abilities	ability	NOUN
cblr-7807	447	9	and	and	CCONJ
cblr-7807	447	10	believe	believe	VERB
cblr-7807	447	11	their	their	PRON
cblr-7807	447	12	investment	investment	NOUN
cblr-7807	447	13	skills	skill	NOUN
cblr-7807	447	14	are	be	AUX
cblr-7807	447	15	above	above	ADP
cblr-7807	447	16	average	average	ADJ
cblr-7807	447	17	.	.	PUNCT
cblr-7807	448	1	studies	study	NOUN
cblr-7807	448	2	have	have	AUX
cblr-7807	448	3	shown	show	VERB
cblr-7807	448	4	that	that	SCONJ
cblr-7807	448	5	investors	investor	NOUN
cblr-7807	448	6	consistently	consistently	ADV
cblr-7807	448	7	overestimate	overestimate	VERB
cblr-7807	448	8	both	both	CCONJ
cblr-7807	448	9	the	the	DET
cblr-7807	448	10	future	future	ADJ
cblr-7807	448	11	performance	performance	NOUN
cblr-7807	448	12	and	and	CCONJ
cblr-7807	448	13	the	the	DET
cblr-7807	448	14	past	past	ADJ
cblr-7807	448	15	performance	performance	NOUN
cblr-7807	448	16	of	of	ADP
cblr-7807	448	17	their	their	PRON
cblr-7807	448	18	investments	investment	NOUN
cblr-7807	448	19	.	.	PUNCT
cblr-7807	449	1	the	the	DET
cblr-7807	449	2	illusion	illusion	NOUN
cblr-7807	449	3	of	of	ADP
cblr-7807	449	4	control	control	NOUN
cblr-7807	449	5	causes	cause	VERB
cblr-7807	449	6	investors	investor	NOUN
cblr-7807	449	7	to	to	PART
cblr-7807	449	8	believe	believe	VERB
cblr-7807	449	9	that	that	SCONJ
cblr-7807	449	10	positive	positive	ADJ
cblr-7807	449	11	investment	investment	NOUN
cblr-7807	449	12	outcomes	outcome	NOUN
cblr-7807	449	13	are	be	AUX
cblr-7807	449	14	due	due	ADJ
cblr-7807	449	15	to	to	ADP
cblr-7807	449	16	investors	investor	NOUN
cblr-7807	449	17	’	'	PUNCT
cblr-7807	449	18	own	own	ADJ
cblr-7807	449	19	skills	skill	NOUN
cblr-7807	449	20	and	and	CCONJ
cblr-7807	449	21	superior	superior	ADJ
cblr-7807	449	22	strategy	strategy	NOUN
cblr-7807	449	23	,	,	PUNCT
cblr-7807	449	24	rather	rather	ADV
cblr-7807	449	25	than	than	ADP
cblr-7807	450	1	good	good	ADJ
cblr-7807	450	2	luck.139	luck.139	ADV
cblr-7807	450	3	once	once	SCONJ
cblr-7807	450	4	we	we	PRON
cblr-7807	450	5	introduce	introduce	VERB
cblr-7807	450	6	these	these	DET
cblr-7807	450	7	multiple	multiple	ADJ
cblr-7807	450	8	competing	compete	VERB
cblr-7807	450	9	and	and	CCONJ
cblr-7807	450	10	interacting	interact	VERB
cblr-7807	450	11	biases	bias	NOUN
cblr-7807	450	12	,	,	PUNCT
cblr-7807	450	13	the	the	DET
cblr-7807	450	14	probability	probability	NOUN
cblr-7807	450	15	that	that	SCONJ
cblr-7807	450	16	managerial	managerial	ADJ
cblr-7807	450	17	and	and	CCONJ
cblr-7807	450	18	hedge	hedge	NOUN
cblr-7807	450	19	fund	fund	NOUN
cblr-7807	450	20	manager	manager	NOUN
cblr-7807	450	21	biases	bias	NOUN
cblr-7807	450	22	will	will	AUX
cblr-7807	450	23	cancel	cancel	VERB
cblr-7807	450	24	each	each	DET
cblr-7807	450	25	other	other	ADJ
cblr-7807	450	26	out	out	ADP
cblr-7807	450	27	becomes	become	VERB
cblr-7807	450	28	much	much	ADV
cblr-7807	450	29	smaller	small	ADJ
cblr-7807	450	30	.	.	PUNCT
cblr-7807	451	1	in	in	ADP
cblr-7807	451	2	addition	addition	NOUN
cblr-7807	451	3	to	to	ADP
cblr-7807	451	4	the	the	DET
cblr-7807	451	5	biases	bias	NOUN
cblr-7807	451	6	identified	identify	VERB
cblr-7807	451	7	by	by	ADP
cblr-7807	451	8	behavioral	behavioral	ADJ
cblr-7807	451	9	economics	economic	NOUN
cblr-7807	451	10	,	,	PUNCT
cblr-7807	451	11	monetary	monetary	ADJ
cblr-7807	451	12	incentives	incentive	NOUN
cblr-7807	451	13	can	can	AUX
cblr-7807	451	14	skew	skew	VERB
cblr-7807	451	15	hedge	hedge	NOUN
cblr-7807	451	16	fund	fund	PROPN
cblr-7807	451	17	decisionmaking	decisionmake	VERB
cblr-7807	451	18	.	.	PUNCT
cblr-7807	452	1	in	in	ADP
cblr-7807	452	2	particular	particular	ADJ
cblr-7807	452	3	,	,	PUNCT
cblr-7807	452	4	hedge	hedge	NOUN
cblr-7807	452	5	fund	fund	NOUN
cblr-7807	452	6	managers	manager	NOUN
cblr-7807	452	7	and	and	CCONJ
cblr-7807	452	8	their	their	PRON
cblr-7807	452	9	investors	investor	NOUN
cblr-7807	452	10	have	have	VERB
cblr-7807	452	11	an	an	DET
cblr-7807	452	12	asymmetric	asymmetric	ADJ
cblr-7807	452	13	contract	contract	NOUN
cblr-7807	452	14	,	,	PUNCT
cblr-7807	452	15	pursuant	pursuant	ADJ
cblr-7807	452	16	to	to	ADP
cblr-7807	452	17	which	which	PRON
cblr-7807	452	18	the	the	DET
cblr-7807	452	19	manager	manager	NOUN
cblr-7807	452	20	gets	get	VERB
cblr-7807	452	21	a	a	DET
cblr-7807	452	22	huge	huge	ADJ
cblr-7807	452	23	chunk	chunk	NOUN
cblr-7807	452	24	of	of	ADP
cblr-7807	452	25	gains	gain	NOUN
cblr-7807	452	26	when	when	SCONJ
cblr-7807	452	27	the	the	DET
cblr-7807	452	28	fund	fund	NOUN
cblr-7807	452	29	has	have	VERB
cblr-7807	452	30	positive	positive	ADJ
cblr-7807	452	31	results	result	NOUN
cblr-7807	452	32	but	but	CCONJ
cblr-7807	452	33	has	have	VERB
cblr-7807	452	34	little	little	ADJ
cblr-7807	452	35	downside	downside	NOUN
cblr-7807	452	36	exposure.140	exposure.140	NOUN
cblr-7807	452	37	presumably	presumably	ADV
cblr-7807	452	38	,	,	PUNCT
cblr-7807	452	39	this	this	PRON
cblr-7807	452	40	is	be	AUX
cblr-7807	452	41	likely	likely	ADJ
cblr-7807	452	42	to	to	PART
cblr-7807	452	43	induce	induce	VERB
cblr-7807	452	44	hedge	hedge	NOUN
cblr-7807	452	45	fund	fund	NOUN
cblr-7807	452	46	managers	manager	NOUN
cblr-7807	452	47	to	to	PART
cblr-7807	452	48	prefer	prefer	VERB
cblr-7807	452	49	more	more	ADJ
cblr-7807	452	50	risk	risk	NOUN
cblr-7807	452	51	than	than	ADP
cblr-7807	452	52	retail	retail	ADJ
cblr-7807	452	53	or	or	CCONJ
cblr-7807	452	54	other	other	ADJ
cblr-7807	452	55	institutional	institutional	ADJ
cblr-7807	452	56	investors	investor	NOUN
cblr-7807	452	57	.	.	PUNCT
cblr-7807	453	1	138	138	NUM
cblr-7807	453	2	rodrigues	rodrigue	NOUN
cblr-7807	453	3	,	,	PUNCT
cblr-7807	453	4	supra	supra	PROPN
cblr-7807	453	5	note	note	PROPN
cblr-7807	453	6	130	130	NUM
cblr-7807	453	7	,	,	PUNCT
cblr-7807	453	8	at	at	ADP
cblr-7807	453	9	1829	1829	NUM
cblr-7807	453	10	(	(	PUNCT
cblr-7807	453	11	footnote	footnote	NOUN
cblr-7807	453	12	omitted	omit	VERB
cblr-7807	453	13	)	)	PUNCT
cblr-7807	453	14	.	.	PUNCT
cblr-7807	454	1	139	139	NUM
cblr-7807	454	2	ripken	ripken	PROPN
cblr-7807	454	3	,	,	PUNCT
cblr-7807	454	4	supra	supra	PROPN
cblr-7807	454	5	note	note	PROPN
cblr-7807	454	6	28	28	NUM
cblr-7807	454	7	,	,	PUNCT
cblr-7807	454	8	at	at	ADP
cblr-7807	454	9	960–61	960–61	PROPN
cblr-7807	454	10	(	(	PUNCT
cblr-7807	454	11	footnotes	footnote	NOUN
cblr-7807	454	12	omitted	omit	VERB
cblr-7807	454	13	)	)	PUNCT
cblr-7807	454	14	.	.	PUNCT
cblr-7807	455	1	140	140	NUM
cblr-7807	455	2	see	see	VERB
cblr-7807	455	3	houman	houman	PROPN
cblr-7807	455	4	b.	b.	PROPN
cblr-7807	455	5	shadab	shadab	PROPN
cblr-7807	455	6	,	,	PUNCT
cblr-7807	455	7	hedge	hedge	NOUN
cblr-7807	455	8	fund	fund	NOUN
cblr-7807	455	9	governance	governance	NOUN
cblr-7807	455	10	,	,	PUNCT
cblr-7807	455	11	19	19	NUM
cblr-7807	455	12	stan	stan	NOUN
cblr-7807	455	13	.	.	PUNCT
cblr-7807	456	1	j.l	j.l	PROPN
cblr-7807	456	2	.	.	PROPN
cblr-7807	456	3	bus	bus	PROPN
cblr-7807	456	4	.	.	PUNCT
cblr-7807	456	5	&	&	CCONJ
cblr-7807	456	6	fin	fin	PROPN
cblr-7807	456	7	.	.	PUNCT
cblr-7807	457	1	141	141	NUM
cblr-7807	457	2	,	,	PUNCT
cblr-7807	457	3	166	166	NUM
cblr-7807	457	4	(	(	PUNCT
cblr-7807	457	5	2013	2013	NUM
cblr-7807	457	6	)	)	PUNCT
cblr-7807	457	7	(	(	PUNCT
cblr-7807	457	8	“	"	PUNCT
cblr-7807	457	9	hedge	hedge	NOUN
cblr-7807	457	10	fund	fund	NOUN
cblr-7807	457	11	managers	manager	NOUN
cblr-7807	457	12	may	may	AUX
cblr-7807	457	13	have	have	VERB
cblr-7807	457	14	incentives	incentive	NOUN
cblr-7807	457	15	to	to	PART
cblr-7807	457	16	take	take	VERB
cblr-7807	457	17	on	on	ADP
cblr-7807	457	18	greater	great	ADJ
cblr-7807	457	19	risk	risk	NOUN
cblr-7807	457	20	after	after	ADP
cblr-7807	457	21	obtaining	obtain	VERB
cblr-7807	457	22	investor	investor	NOUN
cblr-7807	457	23	capital	capital	NOUN
cblr-7807	457	24	because	because	SCONJ
cblr-7807	457	25	of	of	ADP
cblr-7807	457	26	the	the	DET
cblr-7807	457	27	asymmetric	asymmetric	ADJ
cblr-7807	457	28	payoff	payoff	NOUN
cblr-7807	457	29	structure	structure	NOUN
cblr-7807	457	30	resulting	result	VERB
cblr-7807	457	31	from	from	ADP
cblr-7807	457	32	their	their	PRON
cblr-7807	457	33	performance	performance	NOUN
cblr-7807	457	34	-	-	PUNCT
cblr-7807	457	35	based	base	VERB
cblr-7807	457	36	compensation	compensation	NOUN
cblr-7807	457	37	arrangement	arrangement	NOUN
cblr-7807	457	38	:	:	PUNCT
cblr-7807	457	39	the	the	DET
cblr-7807	457	40	manager	manager	NOUN
cblr-7807	457	41	shares	share	VERB
cblr-7807	457	42	in	in	ADP
cblr-7807	457	43	the	the	DET
cblr-7807	457	44	profits	profit	NOUN
cblr-7807	457	45	of	of	ADP
cblr-7807	457	46	a	a	DET
cblr-7807	457	47	fund	fund	NOUN
cblr-7807	457	48	with	with	ADP
cblr-7807	457	49	investors	investor	NOUN
cblr-7807	457	50	but	but	CCONJ
cblr-7807	457	51	not	not	PART
cblr-7807	457	52	in	in	ADP
cblr-7807	457	53	fund	fund	NOUN
cblr-7807	457	54	losses	loss	NOUN
cblr-7807	457	55	.	.	PUNCT
cblr-7807	457	56	”	"	PUNCT
cblr-7807	457	57	)	)	PUNCT
cblr-7807	457	58	.	.	PUNCT
cblr-7807	458	1	bainbridge	bainbridge	PROPN
cblr-7807	458	2	(	(	PUNCT
cblr-7807	458	3	comment	comment	NOUN
cblr-7807	458	4	)	)	PUNCT
cblr-7807	458	5	12/28/2020	12/28/2020	NUM
cblr-7807	458	6	3:25	3:25	NUM
cblr-7807	458	7	pm	pm	NOUN
cblr-7807	458	8	832	832	NUM
cblr-7807	458	9	columbia	columbia	PROPN
cblr-7807	458	10	business	business	NOUN
cblr-7807	458	11	law	law	PROPN
cblr-7807	458	12	review	review	NOUN
cblr-7807	458	13	[	[	X
cblr-7807	458	14	vol	vol	NOUN
cblr-7807	458	15	.	.	PUNCT
cblr-7807	458	16	2020	2020	NUM
cblr-7807	458	17	there	there	PRON
cblr-7807	458	18	is	be	VERB
cblr-7807	458	19	good	good	ADJ
cblr-7807	458	20	reason	reason	NOUN
cblr-7807	458	21	to	to	PART
cblr-7807	458	22	doubt	doubt	VERB
cblr-7807	458	23	the	the	DET
cblr-7807	458	24	efficacy	efficacy	NOUN
cblr-7807	458	25	of	of	ADP
cblr-7807	458	26	hedge	hedge	NOUN
cblr-7807	458	27	fund	fund	NOUN
cblr-7807	458	28	managers	manager	NOUN
cblr-7807	458	29	as	as	ADP
cblr-7807	458	30	a	a	DET
cblr-7807	458	31	constraint	constraint	NOUN
cblr-7807	458	32	on	on	ADP
cblr-7807	458	33	managerial	managerial	ADJ
cblr-7807	458	34	hyperopia	hyperopia	NOUN
cblr-7807	458	35	even	even	ADV
cblr-7807	458	36	if	if	SCONJ
cblr-7807	458	37	we	we	PRON
cblr-7807	458	38	set	set	VERB
cblr-7807	458	39	aside	aside	ADP
cblr-7807	458	40	biases	bias	NOUN
cblr-7807	458	41	and	and	CCONJ
cblr-7807	458	42	incentives	incentive	NOUN
cblr-7807	458	43	.	.	PUNCT
cblr-7807	459	1	as	as	ADP
cblr-7807	459	2	for	for	ADP
cblr-7807	459	3	the	the	DET
cblr-7807	459	4	debate	debate	NOUN
cblr-7807	459	5	over	over	ADP
cblr-7807	459	6	dual	dual	ADJ
cblr-7807	459	7	class	class	NOUN
cblr-7807	459	8	stock	stock	NOUN
cblr-7807	459	9	,	,	PUNCT
cblr-7807	459	10	barzuza	barzuza	NOUN
cblr-7807	459	11	and	and	CCONJ
cblr-7807	459	12	talley	talley	PROPN
cblr-7807	459	13	note	note	VERB
cblr-7807	459	14	that	that	SCONJ
cblr-7807	459	15	outsiders	outsider	NOUN
cblr-7807	459	16	have	have	VERB
cblr-7807	459	17	difficulty	difficulty	NOUN
cblr-7807	459	18	unpacking	unpack	VERB
cblr-7807	459	19	“	"	PUNCT
cblr-7807	459	20	the	the	DET
cblr-7807	459	21	motivations	motivation	NOUN
cblr-7807	459	22	of	of	ADP
cblr-7807	459	23	a	a	DET
cblr-7807	459	24	founder	founder	NOUN
cblr-7807	459	25	who	who	PRON
cblr-7807	459	26	embraces	embrace	VERB
cblr-7807	459	27	a	a	DET
cblr-7807	459	28	dual	dual	ADJ
cblr-7807	459	29	class	class	NOUN
cblr-7807	459	30	structure	structure	NOUN
cblr-7807	459	31	;	;	PUNCT
cblr-7807	459	32	it	it	PRON
cblr-7807	459	33	may	may	AUX
cblr-7807	459	34	be	be	AUX
cblr-7807	459	35	due	due	ADJ
cblr-7807	459	36	to	to	ADP
cblr-7807	459	37	overconfidence	overconfidence	NOUN
cblr-7807	459	38	(	(	PUNCT
cblr-7807	459	39	and	and	CCONJ
cblr-7807	459	40	thus	thus	ADV
cblr-7807	459	41	value	value	NOUN
cblr-7807	459	42	-	-	PUNCT
cblr-7807	459	43	eroding	erode	VERB
cblr-7807	459	44	)	)	PUNCT
cblr-7807	459	45	,	,	PUNCT
cblr-7807	459	46	but	but	CCONJ
cblr-7807	459	47	it	it	PRON
cblr-7807	459	48	could	could	AUX
cblr-7807	459	49	just	just	ADV
cblr-7807	459	50	as	as	ADV
cblr-7807	459	51	easily	easily	ADV
cblr-7807	459	52	be	be	AUX
cblr-7807	459	53	due	due	ADJ
cblr-7807	459	54	to	to	ADP
cblr-7807	459	55	a	a	DET
cblr-7807	459	56	founder	founder	NOUN
cblr-7807	459	57	’s	’s	PART
cblr-7807	459	58	genuine	genuine	ADJ
cblr-7807	459	59	desire	desire	NOUN
cblr-7807	459	60	to	to	PART
cblr-7807	459	61	protect	protect	VERB
cblr-7807	459	62	a	a	DET
cblr-7807	459	63	project	project	NOUN
cblr-7807	459	64	that	that	PRON
cblr-7807	459	65	is	be	AUX
cblr-7807	459	66	inherently	inherently	ADV
cblr-7807	459	67	difficult	difficult	ADJ
cblr-7807	459	68	for	for	SCONJ
cblr-7807	459	69	outsiders	outsider	NOUN
cblr-7807	459	70	to	to	PART
cblr-7807	459	71	assess	assess	VERB
cblr-7807	459	72	.	.	PUNCT
cblr-7807	460	1	”141	”141	NOUN
cblr-7807	460	2	why	why	SCONJ
cblr-7807	460	3	should	should	AUX
cblr-7807	460	4	that	that	DET
cblr-7807	460	5	difficulty	difficulty	NOUN
cblr-7807	460	6	be	be	AUX
cblr-7807	460	7	limited	limit	VERB
cblr-7807	460	8	to	to	ADP
cblr-7807	460	9	unpacking	unpack	VERB
cblr-7807	460	10	the	the	DET
cblr-7807	460	11	motivations	motivation	NOUN
cblr-7807	460	12	of	of	ADP
cblr-7807	460	13	a	a	DET
cblr-7807	460	14	founder	founder	NOUN
cblr-7807	460	15	with	with	ADP
cblr-7807	460	16	respect	respect	NOUN
cblr-7807	460	17	to	to	ADP
cblr-7807	460	18	the	the	DET
cblr-7807	460	19	firm	firm	NOUN
cblr-7807	460	20	’s	’s	PART
cblr-7807	460	21	capital	capital	NOUN
cblr-7807	460	22	structure	structure	NOUN
cblr-7807	460	23	?	?	PUNCT
cblr-7807	461	1	why	why	SCONJ
cblr-7807	461	2	should	should	AUX
cblr-7807	461	3	not	not	PART
cblr-7807	461	4	the	the	DET
cblr-7807	461	5	same	same	ADJ
cblr-7807	461	6	be	be	AUX
cblr-7807	461	7	true	true	ADJ
cblr-7807	461	8	of	of	ADP
cblr-7807	461	9	the	the	DET
cblr-7807	461	10	motivations	motivation	NOUN
cblr-7807	461	11	of	of	ADP
cblr-7807	461	12	a	a	DET
cblr-7807	461	13	more	more	ADV
cblr-7807	461	14	seasoned	season	VERB
cblr-7807	461	15	company	company	NOUN
cblr-7807	461	16	’s	’s	PART
cblr-7807	461	17	ceo	ceo	NOUN
cblr-7807	461	18	with	with	ADP
cblr-7807	461	19	respect	respect	NOUN
cblr-7807	461	20	to	to	ADP
cblr-7807	461	21	corporate	corporate	ADJ
cblr-7807	461	22	plans	plan	NOUN
cblr-7807	461	23	generally	generally	ADV
cblr-7807	461	24	?	?	PUNCT
cblr-7807	462	1	indeed	indeed	ADV
cblr-7807	462	2	,	,	PUNCT
cblr-7807	462	3	just	just	ADV
cblr-7807	462	4	as	as	SCONJ
cblr-7807	462	5	we	we	PRON
cblr-7807	462	6	saw	see	VERB
cblr-7807	462	7	with	with	ADP
cblr-7807	462	8	respect	respect	NOUN
cblr-7807	462	9	to	to	ADP
cblr-7807	462	10	judges	judge	NOUN
cblr-7807	462	11	in	in	ADP
cblr-7807	462	12	the	the	DET
cblr-7807	462	13	preceding	precede	VERB
cblr-7807	462	14	part	part	NOUN
cblr-7807	462	15	,	,	PUNCT
cblr-7807	462	16	“	"	PUNCT
cblr-7807	462	17	[	[	X
cblr-7807	462	18	i]t	i]t	NOUN
cblr-7807	462	19	is	be	AUX
cblr-7807	462	20	difficult	difficult	ADJ
cblr-7807	462	21	for	for	SCONJ
cblr-7807	462	22	shareholders	shareholder	NOUN
cblr-7807	462	23	to	to	PART
cblr-7807	462	24	deduce	deduce	VERB
cblr-7807	462	25	whether	whether	SCONJ
cblr-7807	462	26	a	a	DET
cblr-7807	462	27	company	company	NOUN
cblr-7807	462	28	is	be	AUX
cblr-7807	462	29	making	make	VERB
cblr-7807	462	30	sound	sound	ADJ
cblr-7807	462	31	long	long	ADJ
cblr-7807	462	32	-	-	PUNCT
cblr-7807	462	33	term	term	NOUN
cblr-7807	462	34	investments	investment	NOUN
cblr-7807	462	35	,	,	PUNCT
cblr-7807	462	36	which	which	PRON
cblr-7807	462	37	may	may	AUX
cblr-7807	462	38	lead	lead	VERB
cblr-7807	462	39	to	to	ADP
cblr-7807	462	40	short	short	ADJ
cblr-7807	462	41	-	-	PUNCT
cblr-7807	462	42	term	term	NOUN
cblr-7807	462	43	losses	loss	NOUN
cblr-7807	462	44	,	,	PUNCT
cblr-7807	462	45	or	or	CCONJ
cblr-7807	462	46	if	if	SCONJ
cblr-7807	462	47	short	short	ADJ
cblr-7807	462	48	-	-	PUNCT
cblr-7807	462	49	term	term	NOUN
cblr-7807	462	50	losses	loss	NOUN
cblr-7807	462	51	are	be	AUX
cblr-7807	462	52	caused	cause	VERB
cblr-7807	462	53	by	by	ADP
cblr-7807	462	54	managerial	managerial	ADJ
cblr-7807	462	55	incompetence	incompetence	NOUN
cblr-7807	462	56	.	.	PUNCT
cblr-7807	463	1	”142	”142	NOUN
cblr-7807	463	2	speaking	speak	VERB
cblr-7807	463	3	of	of	ADP
cblr-7807	463	4	incompetence	incompetence	NOUN
cblr-7807	463	5	,	,	PUNCT
cblr-7807	463	6	managers	manager	NOUN
cblr-7807	463	7	are	be	AUX
cblr-7807	463	8	not	not	PART
cblr-7807	463	9	the	the	DET
cblr-7807	463	10	only	only	ADJ
cblr-7807	463	11	ones	one	NOUN
cblr-7807	463	12	whose	whose	DET
cblr-7807	463	13	competence	competence	NOUN
cblr-7807	463	14	can	can	AUX
cblr-7807	463	15	be	be	AUX
cblr-7807	463	16	called	call	VERB
cblr-7807	463	17	into	into	ADP
cblr-7807	463	18	question	question	NOUN
cblr-7807	463	19	.	.	PUNCT
cblr-7807	464	1	in	in	ADP
cblr-7807	464	2	2018	2018	NUM
cblr-7807	464	3	,	,	PUNCT
cblr-7807	464	4	for	for	ADP
cblr-7807	464	5	example	example	NOUN
cblr-7807	464	6	,	,	PUNCT
cblr-7807	464	7	activist	activist	ADJ
cblr-7807	464	8	hedge	hedge	NOUN
cblr-7807	464	9	funds	fund	NOUN
cblr-7807	464	10	“	"	PUNCT
cblr-7807	464	11	delivered	deliver	VERB
cblr-7807	464	12	returns	return	NOUN
cblr-7807	464	13	of	of	ADP
cblr-7807	464	14	minus	minus	ADP
cblr-7807	464	15	10	10	NUM
cblr-7807	464	16	%	%	NOUN
cblr-7807	464	17	to	to	ADP
cblr-7807	464	18	investors	investor	NOUN
cblr-7807	464	19	in	in	ADP
cblr-7807	464	20	their	their	PRON
cblr-7807	464	21	funds	fund	NOUN
cblr-7807	464	22	,	,	PUNCT
cblr-7807	464	23	according	accord	VERB
cblr-7807	464	24	to	to	ADP
cblr-7807	464	25	hedge	hedge	NOUN
cblr-7807	464	26	fund	fund	PROPN
cblr-7807	464	27	research	research	PROPN
cblr-7807	464	28	’s	’s	PART
cblr-7807	464	29	activist	activist	ADJ
cblr-7807	464	30	index	index	NOUN
cblr-7807	464	31	.	.	PUNCT
cblr-7807	464	32	.	.	PUNCT
cblr-7807	464	33	.	.	PUNCT
cblr-7807	464	34	.	.	PUNCT
cblr-7807	465	1	returns	return	NOUN
cblr-7807	465	2	recovered	recover	VERB
cblr-7807	465	3	to	to	ADP
cblr-7807	465	4	18	18	NUM
cblr-7807	465	5	%	%	NOUN
cblr-7807	465	6	in	in	ADP
cblr-7807	465	7	2019	2019	NUM
cblr-7807	465	8	,	,	PUNCT
cblr-7807	465	9	but	but	CCONJ
cblr-7807	465	10	clients	client	NOUN
cblr-7807	465	11	may	may	AUX
cblr-7807	465	12	still	still	ADV
cblr-7807	465	13	be	be	AUX
cblr-7807	465	14	disappointed	disappoint	VERB
cblr-7807	465	15	,	,	PUNCT
cblr-7807	465	16	given	give	VERB
cblr-7807	465	17	the	the	DET
cblr-7807	465	18	31.5	31.5	NUM
cblr-7807	465	19	%	%	NOUN
cblr-7807	465	20	total	total	ADJ
cblr-7807	465	21	returns	return	NOUN
cblr-7807	465	22	on	on	ADP
cblr-7807	465	23	offer	offer	NOUN
cblr-7807	465	24	from	from	ADP
cblr-7807	465	25	the	the	DET
cblr-7807	465	26	s&p	s&p	PROPN
cblr-7807	465	27	500	500	NUM
cblr-7807	465	28	index	index	NOUN
cblr-7807	465	29	”	"	PUNCT
cblr-7807	465	30	in	in	ADP
cblr-7807	465	31	2019.143	2019.143	NOUN
cblr-7807	465	32	investors	investor	NOUN
cblr-7807	465	33	generally	generally	ADV
cblr-7807	465	34	might	might	AUX
cblr-7807	465	35	be	be	AUX
cblr-7807	465	36	better	well	ADJ
cblr-7807	465	37	off	off	ADP
cblr-7807	465	38	disempowering	disempowere	VERB
cblr-7807	465	39	activists	activist	NOUN
cblr-7807	465	40	and	and	CCONJ
cblr-7807	465	41	investing	invest	VERB
cblr-7807	465	42	in	in	ADP
cblr-7807	465	43	s&p	s&p	PROPN
cblr-7807	465	44	500	500	NUM
cblr-7807	465	45	index	index	NOUN
cblr-7807	465	46	funds	fund	NOUN
cblr-7807	465	47	.	.	PUNCT
cblr-7807	466	1	v.	v.	ADP
cblr-7807	466	2	conclusion	conclusion	NOUN
cblr-7807	466	3	there	there	PRON
cblr-7807	466	4	is	be	VERB
cblr-7807	466	5	much	much	ADJ
cblr-7807	466	6	to	to	PART
cblr-7807	466	7	admire	admire	VERB
cblr-7807	466	8	in	in	ADP
cblr-7807	466	9	barzuza	barzuza	NOUN
cblr-7807	466	10	and	and	CCONJ
cblr-7807	466	11	talley	talley	NOUN
cblr-7807	466	12	’s	’s	PART
cblr-7807	466	13	article	article	NOUN
cblr-7807	466	14	.	.	PUNCT
cblr-7807	467	1	even	even	ADV
cblr-7807	467	2	though	though	SCONJ
cblr-7807	467	3	i	i	PRON
cblr-7807	467	4	have	have	AUX
cblr-7807	467	5	offered	offer	VERB
cblr-7807	467	6	a	a	DET
cblr-7807	467	7	few	few	ADJ
cblr-7807	467	8	quibbles	quibble	NOUN
cblr-7807	467	9	,	,	PUNCT
cblr-7807	467	10	i	i	PRON
cblr-7807	467	11	generally	generally	ADV
cblr-7807	467	12	admire	admire	VERB
cblr-7807	467	13	their	their	PRON
cblr-7807	467	14	compelling	compelling	ADJ
cblr-7807	467	15	story	story	NOUN
cblr-7807	467	16	that	that	PRON
cblr-7807	467	17	managerial	managerial	ADJ
cblr-7807	467	18	hyperopia	hyperopia	NOUN
cblr-7807	467	19	can	can	AUX
cblr-7807	467	20	be	be	AUX
cblr-7807	467	21	just	just	ADV
cblr-7807	467	22	as	as	ADP
cblr-7807	467	23	concerning	concern	VERB
cblr-7807	467	24	as	as	ADP
cblr-7807	467	25	managerial	managerial	ADJ
cblr-7807	467	26	myopia	myopia	NOUN
cblr-7807	467	27	.	.	PUNCT
cblr-7807	468	1	i	i	PRON
cblr-7807	468	2	have	have	AUX
cblr-7807	468	3	passed	pass	VERB
cblr-7807	468	4	over	over	ADP
cblr-7807	468	5	in	in	ADP
cblr-7807	468	6	silence	silence	NOUN
cblr-7807	468	7	much	much	ADJ
cblr-7807	468	8	of	of	ADP
cblr-7807	468	9	their	their	PRON
cblr-7807	468	10	discussion	discussion	NOUN
cblr-7807	468	11	of	of	ADP
cblr-7807	468	12	that	that	DET
cblr-7807	468	13	story	story	NOUN
cblr-7807	468	14	,	,	PUNCT
cblr-7807	468	15	as	as	SCONJ
cblr-7807	468	16	the	the	DET
cblr-7807	468	17	implications	implication	NOUN
cblr-7807	468	18	they	they	PRON
cblr-7807	468	19	draw	draw	VERB
cblr-7807	468	20	largely	largely	ADV
cblr-7807	468	21	are	be	AUX
cblr-7807	468	22	well	well	ADV
cblr-7807	468	23	taken	take	VERB
cblr-7807	468	24	.	.	PUNCT
cblr-7807	469	1	141	141	NUM
cblr-7807	469	2	barzuza	barzuza	NOUN
cblr-7807	469	3	&	&	CCONJ
cblr-7807	469	4	talley	talley	PROPN
cblr-7807	469	5	,	,	PUNCT
cblr-7807	469	6	supra	supra	PROPN
cblr-7807	469	7	note	note	NOUN
cblr-7807	469	8	12	12	NUM
cblr-7807	469	9	,	,	PUNCT
cblr-7807	469	10	at	at	ADP
cblr-7807	469	11	184	184	NUM
cblr-7807	469	12	.	.	PUNCT
cblr-7807	469	13	142	142	NUM
cblr-7807	469	14	bowdren	bowdren	NOUN
cblr-7807	469	15	,	,	PUNCT
cblr-7807	469	16	supra	supra	PROPN
cblr-7807	469	17	note	note	NOUN
cblr-7807	469	18	43	43	NUM
cblr-7807	469	19	,	,	PUNCT
cblr-7807	469	20	at	at	ADP
cblr-7807	469	21	292	292	NUM
cblr-7807	469	22	.	.	PUNCT
cblr-7807	470	1	143	143	NUM
cblr-7807	470	2	ryan	ryan	PROPN
cblr-7807	470	3	,	,	PUNCT
cblr-7807	470	4	supra	supra	PROPN
cblr-7807	470	5	note	note	NOUN
cblr-7807	470	6	64	64	NUM
cblr-7807	470	7	.	.	PUNCT
cblr-7807	471	1	bainbridge	bainbridge	PROPN
cblr-7807	471	2	(	(	PUNCT
cblr-7807	471	3	comment	comment	NOUN
cblr-7807	471	4	)	)	PUNCT
cblr-7807	471	5	12/28/2020	12/28/2020	NUM
cblr-7807	471	6	3:25	3:25	NUM
cblr-7807	471	7	pm	pm	NOUN
cblr-7807	471	8	no	no	INTJ
cblr-7807	471	9	.	.	PUNCT
cblr-7807	472	1	3:801	3:801	NUM
cblr-7807	472	2	]	]	X
cblr-7807	472	3	long	long	ADJ
cblr-7807	472	4	-	-	PUNCT
cblr-7807	472	5	term	term	NOUN
cblr-7807	472	6	bias	bias	NOUN
cblr-7807	472	7	and	and	CCONJ
cblr-7807	472	8	director	director	NOUN
cblr-7807	472	9	primacy	primacy	NOUN
cblr-7807	472	10	833	833	NUM
cblr-7807	472	11	where	where	SCONJ
cblr-7807	472	12	i	i	PRON
cblr-7807	472	13	part	part	VERB
cblr-7807	472	14	company	company	NOUN
cblr-7807	472	15	with	with	ADP
cblr-7807	472	16	them	they	PRON
cblr-7807	472	17	is	be	AUX
cblr-7807	472	18	in	in	ADP
cblr-7807	472	19	my	my	PRON
cblr-7807	472	20	emphasis	emphasis	NOUN
cblr-7807	472	21	on	on	ADP
cblr-7807	472	22	director	director	NOUN
cblr-7807	472	23	primacy	primacy	NOUN
cblr-7807	472	24	.	.	PUNCT
cblr-7807	473	1	the	the	DET
cblr-7807	473	2	responsibility	responsibility	NOUN
cblr-7807	473	3	for	for	ADP
cblr-7807	473	4	policing	police	VERB
cblr-7807	473	5	managerial	managerial	ADJ
cblr-7807	473	6	hyperopia	hyperopia	NOUN
cblr-7807	473	7	(	(	PUNCT
cblr-7807	473	8	or	or	CCONJ
cblr-7807	473	9	myopia	myopia	NOUN
cblr-7807	473	10	,	,	PUNCT
cblr-7807	473	11	for	for	ADP
cblr-7807	473	12	that	that	DET
cblr-7807	473	13	matter	matter	NOUN
cblr-7807	473	14	)	)	PUNCT
cblr-7807	473	15	should	should	AUX
cblr-7807	473	16	be	be	AUX
cblr-7807	473	17	assigned	assign	VERB
cblr-7807	473	18	to	to	ADP
cblr-7807	473	19	the	the	DET
cblr-7807	473	20	board	board	NOUN
cblr-7807	473	21	of	of	ADP
cblr-7807	473	22	directors	director	NOUN
cblr-7807	473	23	.	.	PUNCT
cblr-7807	474	1	contrary	contrary	ADJ
cblr-7807	474	2	to	to	ADP
cblr-7807	474	3	those	those	PRON
cblr-7807	474	4	who	who	PRON
cblr-7807	474	5	would	would	AUX
cblr-7807	474	6	suggest	suggest	VERB
cblr-7807	474	7	that	that	SCONJ
cblr-7807	474	8	judges	judge	NOUN
cblr-7807	474	9	,	,	PUNCT
cblr-7807	474	10	shareholders	shareholder	NOUN
cblr-7807	474	11	,	,	PUNCT
cblr-7807	474	12	or	or	CCONJ
cblr-7807	474	13	both	both	PRON
cblr-7807	474	14	would	would	AUX
cblr-7807	474	15	make	make	VERB
cblr-7807	474	16	a	a	DET
cblr-7807	474	17	useful	useful	ADJ
cblr-7807	474	18	backstop	backstop	NOUN
cblr-7807	474	19	to	to	ADP
cblr-7807	474	20	the	the	DET
cblr-7807	474	21	board	board	NOUN
cblr-7807	474	22	,	,	PUNCT
cblr-7807	474	23	i	i	PRON
cblr-7807	474	24	contend	contend	VERB
cblr-7807	474	25	that	that	SCONJ
cblr-7807	474	26	someone	someone	PRON
cblr-7807	474	27	must	must	AUX
cblr-7807	474	28	have	have	VERB
cblr-7807	474	29	final	final	ADJ
cblr-7807	474	30	authority	authority	NOUN
cblr-7807	474	31	.	.	PUNCT
cblr-7807	475	1	if	if	SCONJ
cblr-7807	475	2	we	we	PRON
cblr-7807	475	3	vest	vest	VERB
cblr-7807	475	4	the	the	DET
cblr-7807	475	5	power	power	NOUN
cblr-7807	475	6	to	to	PART
cblr-7807	475	7	review	review	VERB
cblr-7807	475	8	board	board	NOUN
cblr-7807	475	9	decision	decision	NOUN
cblr-7807	475	10	in	in	ADP
cblr-7807	475	11	either	either	CCONJ
cblr-7807	475	12	judges	judge	NOUN
cblr-7807	475	13	or	or	CCONJ
cblr-7807	475	14	shareholders	shareholder	NOUN
cblr-7807	475	15	,	,	PUNCT
cblr-7807	475	16	we	we	PRON
cblr-7807	475	17	have	have	AUX
cblr-7807	475	18	effectively	effectively	ADV
cblr-7807	475	19	shifted	shift	VERB
cblr-7807	475	20	the	the	DET
cblr-7807	475	21	locus	locus	NOUN
cblr-7807	475	22	of	of	ADP
cblr-7807	475	23	corporate	corporate	ADJ
cblr-7807	475	24	decisionmaking	decisionmaking	NOUN
cblr-7807	475	25	power	power	NOUN
cblr-7807	475	26	from	from	ADP
cblr-7807	475	27	the	the	DET
cblr-7807	475	28	board	board	NOUN
cblr-7807	475	29	to	to	ADP
cblr-7807	475	30	the	the	DET
cblr-7807	475	31	shareholders	shareholder	NOUN
cblr-7807	475	32	or	or	CCONJ
cblr-7807	475	33	the	the	DET
cblr-7807	475	34	judges	judge	NOUN
cblr-7807	475	35	:	:	PUNCT
cblr-7807	476	1	[	[	X
cblr-7807	476	2	as	as	SCONJ
cblr-7807	476	3	nobel	nobel	PROPN
cblr-7807	476	4	laureate	laureate	PROPN
cblr-7807	476	5	economist	economist	PROPN
cblr-7807	476	6	kenneth	kenneth	PROPN
cblr-7807	476	7	]	]	PUNCT
cblr-7807	476	8	arrow	arrow	NOUN
cblr-7807	476	9	observed	observe	VERB
cblr-7807	476	10	,	,	PUNCT
cblr-7807	476	11	the	the	DET
cblr-7807	476	12	power	power	NOUN
cblr-7807	476	13	to	to	PART
cblr-7807	476	14	review	review	VERB
cblr-7807	476	15	is	be	AUX
cblr-7807	476	16	the	the	DET
cblr-7807	476	17	power	power	NOUN
cblr-7807	476	18	to	to	PART
cblr-7807	476	19	decide	decide	VERB
cblr-7807	476	20	.	.	PUNCT
cblr-7807	477	1	at	at	ADP
cblr-7807	477	2	some	some	DET
cblr-7807	477	3	point	point	NOUN
cblr-7807	477	4	,	,	PUNCT
cblr-7807	477	5	authority	authority	NOUN
cblr-7807	477	6	and	and	CCONJ
cblr-7807	477	7	accountability	accountability	NOUN
cblr-7807	477	8	can	can	AUX
cblr-7807	477	9	not	not	PART
cblr-7807	477	10	be	be	AUX
cblr-7807	477	11	reconciled	reconcile	VERB
cblr-7807	477	12	.	.	PUNCT
cblr-7807	478	1	one	one	PRON
cblr-7807	478	2	can	can	AUX
cblr-7807	478	3	not	not	PART
cblr-7807	478	4	have	have	VERB
cblr-7807	478	5	more	more	ADJ
cblr-7807	478	6	of	of	ADP
cblr-7807	478	7	one	one	NUM
cblr-7807	478	8	without	without	ADP
cblr-7807	478	9	having	have	VERB
cblr-7807	478	10	less	less	ADJ
cblr-7807	478	11	of	of	ADP
cblr-7807	478	12	the	the	DET
cblr-7807	478	13	other	other	ADJ
cblr-7807	478	14	.	.	PUNCT
cblr-7807	479	1	once	once	SCONJ
cblr-7807	479	2	we	we	PRON
cblr-7807	479	3	transfer	transfer	VERB
cblr-7807	479	4	the	the	DET
cblr-7807	479	5	power	power	NOUN
cblr-7807	479	6	to	to	PART
cblr-7807	479	7	review	review	VERB
cblr-7807	479	8	board	board	NOUN
cblr-7807	479	9	decisions	decision	NOUN
cblr-7807	479	10	to	to	ADP
cblr-7807	479	11	shareholders	shareholder	NOUN
cblr-7807	479	12	[	[	X
cblr-7807	479	13	or	or	CCONJ
cblr-7807	479	14	judges	judge	NOUN
cblr-7807	479	15	]	]	PUNCT
cblr-7807	479	16	,	,	PUNCT
cblr-7807	479	17	we	we	PRON
cblr-7807	479	18	have	have	AUX
cblr-7807	479	19	planted	plant	VERB
cblr-7807	479	20	the	the	DET
cblr-7807	479	21	seeds	seed	NOUN
cblr-7807	479	22	of	of	ADP
cblr-7807	479	23	the	the	DET
cblr-7807	479	24	destruction	destruction	NOUN
cblr-7807	479	25	of	of	ADP
cblr-7807	479	26	the	the	DET
cblr-7807	479	27	system	system	NOUN
cblr-7807	479	28	of	of	ADP
cblr-7807	479	29	centralized	centralized	ADJ
cblr-7807	479	30	decisionmaking	decisionmaking	NOUN
cblr-7807	479	31	on	on	ADP
cblr-7807	479	32	which	which	PRON
cblr-7807	479	33	efficient	efficient	ADJ
cblr-7807	479	34	corporate	corporate	ADJ
cblr-7807	479	35	governance	governance	NOUN
cblr-7807	479	36	rests.144	rests.144	ADJ
cblr-7807	479	37	tolerating	tolerate	VERB
cblr-7807	479	38	a	a	DET
cblr-7807	479	39	certain	certain	ADJ
cblr-7807	479	40	amount	amount	NOUN
cblr-7807	479	41	of	of	ADP
cblr-7807	479	42	managerial	managerial	ADJ
cblr-7807	479	43	hyperopia	hyperopia	NOUN
cblr-7807	479	44	is	be	AUX
cblr-7807	479	45	thus	thus	ADV
cblr-7807	479	46	a	a	DET
cblr-7807	479	47	necessary	necessary	ADJ
cblr-7807	479	48	cost	cost	NOUN
cblr-7807	479	49	of	of	ADP
cblr-7807	479	50	having	have	VERB
cblr-7807	479	51	an	an	DET
cblr-7807	479	52	efficient	efficient	ADJ
cblr-7807	479	53	board	board	NOUN
cblr-7807	479	54	-	-	PUNCT
cblr-7807	479	55	centric	centric	ADJ
cblr-7807	479	56	system	system	NOUN
cblr-7807	479	57	of	of	ADP
cblr-7807	479	58	corporate	corporate	ADJ
cblr-7807	479	59	governance	governance	NOUN
cblr-7807	479	60	.	.	PUNCT
cblr-7807	480	1	144	144	NUM
cblr-7807	480	2	stephen	stephen	PROPN
cblr-7807	480	3	m.	m.	PROPN
cblr-7807	480	4	bainbridge	bainbridge	PROPN
cblr-7807	480	5	,	,	PUNCT
cblr-7807	480	6	director	director	NOUN
cblr-7807	480	7	primacy	primacy	NOUN
cblr-7807	480	8	in	in	ADP
cblr-7807	480	9	corporate	corporate	ADJ
cblr-7807	480	10	takeovers	takeover	NOUN
cblr-7807	480	11	:	:	PUNCT
cblr-7807	480	12	preliminary	preliminary	ADJ
cblr-7807	480	13	reflections	reflection	NOUN
cblr-7807	480	14	,	,	PUNCT
cblr-7807	480	15	55	55	NUM
cblr-7807	480	16	stan	stan	NOUN
cblr-7807	480	17	.	.	PUNCT
cblr-7807	481	1	l.	l.	PROPN
cblr-7807	481	2	rev	rev	PROPN
cblr-7807	481	3	.	.	PROPN
cblr-7807	482	1	791	791	NUM
cblr-7807	482	2	,	,	PUNCT
cblr-7807	482	3	807	807	NUM
cblr-7807	482	4	n.92	n.92	PROPN
cblr-7807	482	5	(	(	PUNCT
cblr-7807	482	6	2002	2002	NUM
cblr-7807	482	7	)	)	PUNCT
cblr-7807	482	8	(	(	PUNCT
cblr-7807	482	9	citation	citation	NOUN
cblr-7807	482	10	omitted	omit	VERB
cblr-7807	482	11	)	)	PUNCT
cblr-7807	482	12	.	.	PUNCT
