id	sid	tid	token	lemma	pos
cjal-3321	1	1	lifting	lift	VERB
cjal-3321	1	2	the	the	DET
cjal-3321	1	3	veil	veil	NOUN
cjal-3321	1	4	of	of	ADP
cjal-3321	1	5	words	word	NOUN
cjal-3321	1	6	:	:	PUNCT
cjal-3321	1	7	an	an	DET
cjal-3321	1	8	analysis	analysis	NOUN
cjal-3321	1	9	of	of	ADP
cjal-3321	1	10	the	the	DET
cjal-3321	1	11	efficacy	efficacy	NOUN
cjal-3321	1	12	of	of	ADP
cjal-3321	1	13	chinese	chinese	ADJ
cjal-3321	1	14	takeover	takeover	NOUN
cjal-3321	1	15	laws	law	NOUN
cjal-3321	1	16	and	and	CCONJ
cjal-3321	1	17	the	the	DET
cjal-3321	1	18	road	road	NOUN
cjal-3321	1	19	to	to	ADP
cjal-3321	1	20	a	a	DET
cjal-3321	1	21	harmonious	harmonious	ADJ
cjal-3321	1	22	society	society	NOUN
cjal-3321	1	23	lifting	lift	VERB
cjal-3321	1	24	the	the	DET
cjal-3321	1	25	veil	veil	NOUN
cjal-3321	1	26	of	of	ADP
cjal-3321	1	27	words	word	NOUN
cjal-3321	1	28	:	:	PUNCT
cjal-3321	1	29	an	an	DET
cjal-3321	1	30	analysis	analysis	NOUN
cjal-3321	1	31	of	of	ADP
cjal-3321	1	32	the	the	DET
cjal-3321	1	33	efficacy	efficacy	NOUN
cjal-3321	1	34	of	of	ADP
cjal-3321	1	35	chinese	chinese	ADJ
cjal-3321	1	36	takeover	takeover	NOUN
cjal-3321	1	37	laws	law	NOUN
cjal-3321	1	38	and	and	CCONJ
cjal-3321	1	39	the	the	DET
cjal-3321	1	40	road	road	NOUN
cjal-3321	1	41	to	to	ADP
cjal-3321	1	42	a	a	DET
cjal-3321	1	43	"	"	PUNCT
cjal-3321	1	44	harmonious	harmonious	ADJ
cjal-3321	1	45	society	society	NOUN
cjal-3321	1	46	"	"	PUNCT
cjal-3321	1	47	charlie	charlie	PROPN
cjal-3321	1	48	xiao	xiao	PROPN
cjal-3321	1	49	-	-	PROPN
cjal-3321	1	50	chuan	chuan	PROPN
cjal-3321	1	51	weng	weng	PROPN
cjal-3321	1	52	abstract	abstract	ADJ
cjal-3321	1	53	empirical	empirical	ADJ
cjal-3321	1	54	evidence	evidence	NOUN
cjal-3321	1	55	shows	show	VERB
cjal-3321	1	56	that	that	SCONJ
cjal-3321	1	57	takeovers	takeover	NOUN
cjal-3321	1	58	are	be	AUX
cjal-3321	1	59	value	value	NOUN
cjal-3321	1	60	-	-	PUNCT
cjal-3321	1	61	maximizing	maximize	VERB
cjal-3321	1	62	events	event	NOUN
cjal-3321	1	63	for	for	ADP
cjal-3321	1	64	target	target	NOUN
cjal-3321	1	65	firm	firm	ADJ
cjal-3321	1	66	shareholders	shareholder	NOUN
cjal-3321	1	67	and	and	CCONJ
cjal-3321	1	68	promote	promote	VERB
cjal-3321	1	69	social	social	ADJ
cjal-3321	1	70	efficiency	efficiency	NOUN
cjal-3321	1	71	.	.	PUNCT
cjal-3321	2	1	takeovers	takeover	NOUN
cjal-3321	2	2	are	be	AUX
cjal-3321	2	3	commonly	commonly	ADV
cjal-3321	2	4	thouglt	thouglt	ADJ
cjal-3321	2	5	to	to	PART
cjal-3321	2	6	play	play	VERB
cjal-3321	2	7	a	a	DET
cjal-3321	2	8	key	key	ADJ
cjal-3321	2	9	role	role	NOUN
cjal-3321	2	10	in	in	ADP
cjal-3321	2	11	reducing	reduce	VERB
cjal-3321	2	12	managerial	managerial	ADJ
cjal-3321	2	13	slack	slack	NOUN
cjal-3321	2	14	in	in	ADP
cjal-3321	2	15	corporate	corporate	ADJ
cjal-3321	2	16	governance	governance	NOUN
cjal-3321	2	17	through	through	ADP
cjal-3321	2	18	the	the	DET
cjal-3321	2	19	replacement	replacement	NOUN
cjal-3321	2	20	of	of	ADP
cjal-3321	2	21	inefficient	inefficient	ADJ
cjal-3321	2	22	management	management	NOUN
cjal-3321	2	23	.	.	PUNCT
cjal-3321	3	1	additionally	additionally	ADV
cjal-3321	3	2	,	,	PUNCT
cjal-3321	3	3	a	a	DET
cjal-3321	3	4	multitude	multitude	NOUN
cjal-3321	3	5	of	of	ADP
cjal-3321	3	6	economic	economic	ADJ
cjal-3321	3	7	literature	literature	NOUN
cjal-3321	3	8	indicates	indicate	VERB
cjal-3321	3	9	that	that	SCONJ
cjal-3321	3	10	synergy	synergy	NOUN
cjal-3321	3	11	can	can	AUX
cjal-3321	3	12	result	result	VERB
cjal-3321	3	13	in	in	ADP
cjal-3321	3	14	the	the	DET
cjal-3321	3	15	value	value	NOUN
cjal-3321	3	16	of	of	ADP
cjal-3321	3	17	a	a	DET
cjal-3321	3	18	combined	combine	VERB
cjal-3321	3	19	firm	firm	NOUN
cjal-3321	3	20	that	that	PRON
cjal-3321	3	21	exceeds	exceed	VERB
cjal-3321	3	22	the	the	DET
cjal-3321	3	23	sum	sum	NOUN
cjal-3321	3	24	of	of	ADP
cjal-3321	3	25	the	the	DET
cjal-3321	3	26	values	value	NOUN
cjal-3321	3	27	of	of	ADP
cjal-3321	3	28	two	two	NUM
cjal-3321	3	29	individual	individual	ADJ
cjal-3321	3	30	firms	firm	NOUN
cjal-3321	3	31	.	.	PUNCT
cjal-3321	4	1	but	but	CCONJ
cjal-3321	4	2	despite	despite	SCONJ
cjal-3321	4	3	the	the	DET
cjal-3321	4	4	potential	potential	NOUN
cjal-3321	4	5	for	for	ADP
cjal-3321	4	6	a	a	DET
cjal-3321	4	7	value	value	NOUN
cjal-3321	4	8	-	-	PUNCT
cjal-3321	4	9	creation	creation	NOUN
cjal-3321	4	10	event	event	NOUN
cjal-3321	4	11	,	,	PUNCT
cjal-3321	4	12	takeovers	takeover	NOUN
cjal-3321	4	13	rarely	rarely	ADV
cjal-3321	4	14	happen	happen	VERB
cjal-3321	4	15	in	in	ADP
cjal-3321	4	16	china	china	PROPN
cjal-3321	4	17	's	's	PART
cjal-3321	4	18	capital	capital	NOUN
cjal-3321	4	19	market	market	NOUN
cjal-3321	4	20	.	.	PUNCT
cjal-3321	5	1	one	one	NUM
cjal-3321	5	2	reason	reason	NOUN
cjal-3321	5	3	for	for	ADP
cjal-3321	5	4	this	this	DET
cjal-3321	5	5	phenomenon	phenomenon	NOUN
cjal-3321	5	6	is	be	AUX
cjal-3321	5	7	that	that	SCONJ
cjal-3321	5	8	chinese	chinese	ADJ
cjal-3321	5	9	takeover	takeover	NOUN
cjal-3321	5	10	laws	law	NOUN
cjal-3321	5	11	have	have	VERB
cjal-3321	5	12	a	a	DET
cjal-3321	5	13	chilling	chilling	ADJ
cjal-3321	5	14	effect	effect	NOUN
cjal-3321	5	15	on	on	ADP
cjal-3321	5	16	potential	potential	ADJ
cjal-3321	5	17	corporate	corporate	ADJ
cjal-3321	5	18	raiders	raider	NOUN
cjal-3321	5	19	.	.	PUNCT
cjal-3321	6	1	the	the	DET
cjal-3321	6	2	pro	pro	ADJ
cjal-3321	6	3	-	-	ADJ
cjal-3321	6	4	state	state	NOUN
cjal-3321	6	5	-	-	PUNCT
cjal-3321	6	6	owned	own	VERB
cjal-3321	6	7	enterprise	enterprise	NOUN
cjal-3321	6	8	(	(	PUNCT
cjal-3321	6	9	soe	soe	ADJ
cjal-3321	6	10	)	)	PUNCT
cjal-3321	6	11	approach	approach	NOUN
cjal-3321	6	12	of	of	ADP
cjal-3321	6	13	the	the	DET
cjal-3321	6	14	china	china	PROPN
cjal-3321	6	15	securities	securities	PROPN
cjal-3321	6	16	regulatory	regulatory	PROPN
cjal-3321	6	17	commission	commission	PROPN
cjal-3321	6	18	(	(	PUNCT
cjal-3321	6	19	csrc	csrc	PROPN
cjal-3321	6	20	)	)	PUNCT
cjal-3321	6	21	further	far	ADV
cjal-3321	6	22	deters	deter	VERB
cjal-3321	6	23	potential	potential	ADJ
cjal-3321	6	24	takeovers	takeover	NOUN
cjal-3321	6	25	.	.	PUNCT
cjal-3321	7	1	this	this	DET
cjal-3321	7	2	pro	pro	ADJ
cjal-3321	7	3	-	-	ADJ
cjal-3321	7	4	government	government	ADJ
cjal-3321	7	5	approach	approach	NOUN
cjal-3321	7	6	comes	come	VERB
cjal-3321	7	7	at	at	ADP
cjal-3321	7	8	the	the	DET
cjal-3321	7	9	cost	cost	NOUN
cjal-3321	7	10	of	of	ADP
cjal-3321	7	11	non	non	ADJ
cjal-3321	7	12	-	-	ADJ
cjal-3321	7	13	soe	soe	ADJ
cjal-3321	7	14	shareholders	shareholder	NOUN
cjal-3321	7	15	'	'	PART
cjal-3321	7	16	opportunities	opportunity	NOUN
cjal-3321	7	17	for	for	ADP
cjal-3321	7	18	value	value	NOUN
cjal-3321	7	19	maximization	maximization	NOUN
cjal-3321	7	20	.	.	PUNCT
cjal-3321	8	1	nonetheless	nonetheless	ADV
cjal-3321	8	2	,	,	PUNCT
cjal-3321	8	3	since	since	SCONJ
cjal-3321	8	4	the	the	DET
cjal-3321	8	5	chinese	chinese	ADJ
cjal-3321	8	6	government	government	NOUN
cjal-3321	8	7	's	's	PART
cjal-3321	8	8	policy	policy	NOUN
cjal-3321	8	9	focus	focus	NOUN
cjal-3321	8	10	has	have	AUX
cjal-3321	8	11	shifted	shift	VERB
cjal-3321	8	12	from	from	ADP
cjal-3321	8	13	protecting	protect	VERB
cjal-3321	8	14	state	state	NOUN
cjal-3321	8	15	-	-	PUNCT
cjal-3321	8	16	owned	own	VERB
cjal-3321	8	17	assets	asset	NOUN
cjal-3321	8	18	to	to	ADP
cjal-3321	8	19	promoting	promote	VERB
cjal-3321	8	20	social	social	ADJ
cjal-3321	8	21	equity	equity	NOUN
cjal-3321	8	22	,	,	PUNCT
cjal-3321	8	23	we	we	PRON
cjal-3321	8	24	can	can	AUX
cjal-3321	8	25	expect	expect	VERB
cjal-3321	8	26	the	the	DET
cjal-3321	8	27	csrc	csrc	NOUN
cjal-3321	8	28	's	's	PART
cjal-3321	8	29	regulatory	regulatory	ADJ
cjal-3321	8	30	approach	approach	NOUN
cjal-3321	8	31	to	to	PART
cjal-3321	8	32	undergo	undergo	VERB
cjal-3321	8	33	significant	significant	ADJ
cjal-3321	8	34	changes	change	NOUN
cjal-3321	8	35	as	as	ADV
cjal-3321	8	36	well	well	ADV
cjal-3321	8	37	.	.	PUNCT
cjal-3321	9	1	and	and	CCONJ
cjal-3321	9	2	in	in	ADP
cjal-3321	9	3	accordance	accordance	NOUN
cjal-3321	9	4	with	with	ADP
cjal-3321	9	5	the	the	DET
cjal-3321	9	6	change	change	NOUN
cjal-3321	9	7	in	in	ADP
cjal-3321	9	8	the	the	DET
cjal-3321	9	9	government	government	NOUN
cjal-3321	9	10	's	's	PART
cjal-3321	9	11	core	core	NOUN
cjal-3321	9	12	values	value	NOUN
cjal-3321	9	13	,	,	PUNCT
cjal-3321	9	14	many	many	ADJ
cjal-3321	9	15	takeover	takeover	NOUN
cjal-3321	9	16	provisions	provision	NOUN
cjal-3321	9	17	need	need	VERB
cjal-3321	9	18	to	to	PART
cjal-3321	9	19	be	be	AUX
cjal-3321	9	20	amended	amend	VERB
cjal-3321	9	21	to	to	ADP
cjal-3321	9	22	facilitate	facilitate	NOUN
cjal-3321	9	23	value	value	NOUN
cjal-3321	9	24	creation	creation	NOUN
cjal-3321	9	25	events	event	NOUN
cjal-3321	9	26	at	at	ADP
cjal-3321	9	27	both	both	CCONJ
cjal-3321	9	28	stateowned	stateowne	VERB
cjal-3321	9	29	and	and	CCONJ
cjal-3321	9	30	privately	privately	ADV
cjal-3321	9	31	-	-	PUNCT
cjal-3321	9	32	owned	own	VERB
cjal-3321	9	33	firms	firm	NOUN
cjal-3321	9	34	.	.	PUNCT
cjal-3321	10	1	author	author	NOUN
cjal-3321	10	2	research	research	NOUN
cjal-3321	10	3	fellow	fellow	NOUN
cjal-3321	10	4	(	(	PUNCT
cjal-3321	10	5	liff	liff	PROPN
cjal-3321	10	6	)	)	PUNCT
cjal-3321	10	7	.	.	PUNCT
cjal-3321	10	8	)	)	PUNCT
cjal-3321	10	9	,	,	PUNCT
cjal-3321	11	1	[	[	X
cjal-3321	11	2	(	(	PUNCT
cjal-3321	11	3	oguan	oguan	PROPN
cjal-3321	11	4	law	law	NOUN
cjal-3321	11	5	school	school	NOUN
cjal-3321	11	6	,	,	PUNCT
cjal-3321	11	7	shanghai	shanghai	PROPN
cjal-3321	11	8	jiao	jiao	PROPN
cjal-3321	11	9	tong	tong	PROPN
cjal-3321	11	10	university	university	PROPN
cjal-3321	11	11	;	;	PUNCT
cjal-3321	11	12	visiting	visit	VERB
cjal-3321	11	13	scholar	scholar	NOUN
cjal-3321	11	14	,	,	PUNCT
cjal-3321	11	15	yale	yale	PROPN
cjal-3321	11	16	law	law	PROPN
cjal-3321	11	17	school	school	NOUN
cjal-3321	11	18	,	,	PUNCT
cjal-3321	11	19	2011	2011	NUM
cjal-3321	11	20	-	-	SYM
cjal-3321	11	21	2012	2012	NUM
cjal-3321	11	22	.	.	PUNCT
cjal-3321	12	1	i	i	PRON
cjal-3321	12	2	am	be	AUX
cjal-3321	12	3	deeply	deeply	ADV
cjal-3321	12	4	appreciative	appreciative	ADJ
cjal-3321	12	5	to	to	ADP
cjal-3321	12	6	joyce	joyce	PROPN
cjal-3321	12	7	ng	ng	PROPN
cjal-3321	12	8	,	,	PUNCT
cjal-3321	12	9	yae	yae	PROPN
cjal-3321	12	10	-	-	PUNCT
cjal-3321	12	11	ji	ji	PROPN
cjal-3321	12	12	(	(	PUNCT
cjal-3321	12	13	regina	regina	PROPN
cjal-3321	12	14	)	)	PUNCT
cjal-3321	12	15	park'and	park'and	PROPN
cjal-3321	12	16	other	other	ADJ
cjal-3321	12	17	editors	editor	NOUN
cjal-3321	12	18	'	'	PART
cjal-3321	12	19	helpful	helpful	ADJ
cjal-3321	12	20	comments	comment	NOUN
cjal-3321	12	21	and	and	CCONJ
cjal-3321	12	22	insights	insight	NOUN
cjal-3321	12	23	.	.	PUNCT
cjal-3321	13	1	i	i	PRON
cjal-3321	13	2	would	would	AUX
cjal-3321	13	3	like	like	VERB
cjal-3321	13	4	to	to	PART
cjal-3321	13	5	thank	thank	VERB
cjal-3321	13	6	professors	professor	NOUN
cjal-3321	13	7	david	david	PROPN
cjal-3321	13	8	skeel	skeel	PROPN
cjal-3321	13	9	,	,	PUNCT
cjal-3321	13	10	jill	jill	PROPN
cjal-3321	13	11	fisch	fisch	PROPN
cjal-3321	13	12	,	,	PUNCT
cjal-3321	13	13	jacques	jacques	PROPN
cjal-3321	13	14	delisle	delisle	PROPN
cjal-3321	13	15	,	,	PUNCT
cjal-3321	13	16	and	and	CCONJ
cjal-3321	13	17	margret	margret	PROPN
cjal-3321	13	18	blair	blair	PROPN
cjal-3321	13	19	for	for	ADP
cjal-3321	13	20	reading	read	VERB
cjal-3321	13	21	an	an	DET
cjal-3321	13	22	earlier	early	ADJ
cjal-3321	13	23	draft	draft	NOUN
cjal-3321	13	24	of	of	ADP
cjal-3321	13	25	this	this	DET
cjal-3321	13	26	article	article	NOUN
cjal-3321	13	27	and	and	CCONJ
cjal-3321	13	28	their	their	PRON
cjal-3321	13	29	invaluable	invaluable	ADJ
cjal-3321	13	30	comments	comment	NOUN
cjal-3321	13	31	.	.	PUNCT
cjal-3321	14	1	also	also	ADV
cjal-3321	14	2	,	,	PUNCT
cjal-3321	14	3	i	i	PRON
cjal-3321	14	4	am	be	AUX
cjal-3321	14	5	deeply	deeply	ADV
cjal-3321	14	6	indebted	indebted	ADJ
cjal-3321	14	7	to	to	ADP
cjal-3321	14	8	dr	dr	PROPN
cjal-3321	14	9	.	.	PROPN
cjal-3321	14	10	herbert	herbert	PROPN
cjal-3321	14	11	wolfe	wolfe	PROPN
cjal-3321	14	12	and	and	CCONJ
cjal-3321	14	13	mrs	mrs	PROPN
cjal-3321	14	14	.	.	PROPN
cjal-3321	14	15	chelsea	chelsea	PROPN
cjal-3321	14	16	bai	bai	PROPN
cjal-3321	14	17	for	for	ADP
cjal-3321	14	18	wonderful	wonderful	ADJ
cjal-3321	14	19	insights	insight	NOUN
cjal-3321	14	20	.	.	PUNCT
cjal-3321	15	1	all	all	DET
cjal-3321	15	2	errors	error	NOUN
cjal-3321	15	3	are	be	AUX
cjal-3321	15	4	mine	mine	PRON
cjal-3321	15	5	.	.	PUNCT
cjal-3321	16	1	181	181	NUM
cjal-3321	16	2	columbia	columbia	PROPN
cjal-3321	16	3	journal	journal	PROPN
cjal-3321	16	4	ofasian	ofasian	ADJ
cjal-3321	16	5	law	law	NOUN
cjal-3321	16	6	,	,	PUNCT
cjal-3321	16	7	vol	vol	NOUN
cjal-3321	16	8	.	.	PROPN
cjal-3321	16	9	25	25	NUM
cjal-3321	16	10	,	,	PUNCT
cjal-3321	16	11	no	no	INTJ
cjal-3321	16	12	.	.	NOUN
cjal-3321	16	13	2	2	NUM
cjal-3321	16	14	(	(	PUNCT
cjal-3321	16	15	2012	2012	NUM
cjal-3321	16	16	)	)	PUNCT
cjal-3321	16	17	introduction	introduction	NOUN
cjal-3321	16	18	182	182	NUM
cjal-3321	16	19	takeover	takeover	NOUN
cjal-3321	16	20	laws	law	NOUN
cjal-3321	16	21	184	184	NUM
cjal-3321	16	22	a.	a.	NOUN
cjal-3321	16	23	takeover	takeover	NOUN
cjal-3321	16	24	regulations	regulation	NOUN
cjal-3321	16	25	186	186	NUM
cjal-3321	16	26	1	1	NUM
cjal-3321	16	27	.	.	PUNCT
cjal-3321	17	1	disclosure	disclosure	NOUN
cjal-3321	17	2	requirements	requirement	NOUN
cjal-3321	17	3	186	186	NUM
cjal-3321	17	4	2	2	NUM
cjal-3321	17	5	.	.	PUNCT
cjal-3321	18	1	the	the	DET
cjal-3321	18	2	mandatory	mandatory	ADJ
cjal-3321	18	3	bid	bid	NOUN
cjal-3321	18	4	rule	rule	NOUN
cjal-3321	18	5	and	and	CCONJ
cjal-3321	18	6	exemption	exemption	NOUN
cjal-3321	18	7	189	189	NUM
cjal-3321	18	8	a.	a.	NOUN
cjal-3321	18	9	the	the	DET
cjal-3321	18	10	mandatory	mandatory	ADJ
cjal-3321	18	11	bid	bid	NOUN
cjal-3321	18	12	rule	rule	NOUN
cjal-3321	18	13	189	189	NUM
cjal-3321	18	14	b.	b.	NOUN
cjal-3321	18	15	the	the	DET
cjal-3321	18	16	exemption	exemption	NOUN
cjal-3321	18	17	19o	19o	NUM
cjal-3321	18	18	3	3	X
cjal-3321	18	19	.	.	X
cjal-3321	18	20	privatization	privatization	NOUN
cjal-3321	18	21	and	and	CCONJ
cjal-3321	18	22	squeeze	squeeze	NOUN
cjal-3321	18	23	-	-	PUNCT
cjal-3321	18	24	out	out	ADP
cjal-3321	18	25	191	191	NUM
cjal-3321	18	26	b.	b.	NOUN
cjal-3321	18	27	takeover	takeover	NOUN
cjal-3321	18	28	fiduciary	fiduciary	ADJ
cjal-3321	18	29	duty	duty	NOUN
cjal-3321	18	30	and	and	CCONJ
cjal-3321	18	31	private	private	ADJ
cjal-3321	18	32	enforcement	enforcement	NOUN
cjal-3321	18	33	193	193	NUM
cjal-3321	18	34	i.	i.	NOUN
cjal-3321	18	35	takeover	takeover	NOUN
cjal-3321	18	36	fiduciary	fiduciary	ADJ
cjal-3321	18	37	duty	duty	NOUN
cjal-3321	18	38	194	194	NUM
cjal-3321	18	39	2	2	NUM
cjal-3321	18	40	.	.	PUNCT
cjal-3321	19	1	private	private	ADJ
cjal-3321	19	2	enforcement	enforcement	NOUN
cjal-3321	19	3	195	195	NUM
cjal-3321	19	4	ii	ii	NOUN
cjal-3321	19	5	.	.	PUNCT
cjal-3321	20	1	the	the	DET
cjal-3321	20	2	csrc	csrc	NOUN
cjal-3321	20	3	's	's	PART
cjal-3321	20	4	role	role	NOUN
cjal-3321	20	5	in	in	ADP
cjal-3321	20	6	takeover	takeover	NOUN
cjal-3321	20	7	supervision	supervision	NOUN
cjal-3321	20	8	197	197	NUM
cjal-3321	20	9	a.	a.	NOUN
cjal-3321	20	10	the	the	DET
cjal-3321	20	11	mandate	mandate	NOUN
cjal-3321	20	12	197	197	NUM
cjal-3321	20	13	b.	b.	NOUN
cjal-3321	20	14	the	the	DET
cjal-3321	20	15	philosophy	philosophy	NOUN
cjal-3321	20	16	of	of	ADP
cjal-3321	20	17	the	the	DET
cjal-3321	20	18	csrc	csrc	NOUN
cjal-3321	20	19	199	199	NUM
cjal-3321	20	20	c.	c.	NOUN
cjal-3321	20	21	can	can	AUX
cjal-3321	20	22	the	the	DET
cjal-3321	20	23	csrc	csrc	NOUN
cjal-3321	20	24	change	change	VERB
cjal-3321	20	25	current	current	ADJ
cjal-3321	20	26	takeover	takeover	NOUN
cjal-3321	20	27	regulations	regulation	NOUN
cjal-3321	20	28	?	?	PUNCT
cjal-3321	21	1	201	201	NUM
cjal-3321	21	2	iii	iii	NOUN
cjal-3321	21	3	.	.	PUNCT
cjal-3321	21	4	market	market	NOUN
cjal-3321	21	5	impact	impact	NOUN
cjal-3321	21	6	of	of	ADP
cjal-3321	21	7	current	current	ADJ
cjal-3321	21	8	takeover	takeover	NOUN
cjal-3321	21	9	regulations	regulation	NOUN
cjal-3321	21	10	202	202	NUM
cjal-3321	21	11	a.	a.	NOUN
cjal-3321	21	12	does	do	AUX
cjal-3321	21	13	management	management	NOUN
cjal-3321	21	14	consider	consider	VERB
cjal-3321	21	15	more	more	ADJ
cjal-3321	21	16	for	for	ADP
cjal-3321	21	17	stakeholders	stakeholder	NOUN
cjal-3321	21	18	?	?	PUNCT
cjal-3321	22	1	202	202	NUM
cjal-3321	22	2	b.	b.	PROPN
cjal-3321	22	3	shareholder	shareholder	NOUN
cjal-3321	22	4	-	-	PUNCT
cjal-3321	22	5	friendly	friendly	ADJ
cjal-3321	22	6	or	or	CCONJ
cjal-3321	22	7	takeover	takeover	NOUN
cjal-3321	22	8	-	-	PUNCT
cjal-3321	22	9	friendly	friendly	ADJ
cjal-3321	22	10	?	?	PUNCT
cjal-3321	22	11	205	205	NUM
cjal-3321	22	12	c.	c.	NOUN
cjal-3321	22	13	efficacy	efficacy	NOUN
cjal-3321	22	14	conclusions	conclusion	NOUN
cjal-3321	22	15	209	209	NUM
cjal-3321	22	16	iv	iv	NOUN
cjal-3321	22	17	.	.	PUNCT
cjal-3321	23	1	towards	towards	ADP
cjal-3321	23	2	better	well	ADJ
cjal-3321	23	3	takeover	takeover	NOUN
cjal-3321	23	4	laws	law	NOUN
cjal-3321	23	5	210	210	NUM
cjal-3321	23	6	a.	a.	NOUN
cjal-3321	23	7	changes	change	NOUN
cjal-3321	23	8	to	to	ADP
cjal-3321	23	9	takeover	takeover	NOUN
cjal-3321	23	10	regulations	regulation	NOUN
cjal-3321	23	11	212	212	NUM
cjal-3321	23	12	i.	i.	NOUN
cjal-3321	23	13	heightened	heighten	VERB
cjal-3321	23	14	but	but	CCONJ
cjal-3321	23	15	fewer	few	ADJ
cjal-3321	23	16	disclosures	disclosure	NOUN
cjal-3321	23	17	212	212	NUM
cjal-3321	23	18	2	2	NUM
cjal-3321	23	19	.	.	PUNCT
cjal-3321	24	1	an	an	DET
cjal-3321	24	2	opt	opt	VERB
cjal-3321	24	3	-	-	PUNCT
cjal-3321	24	4	out	out	ADP
cjal-3321	24	5	mandatory	mandatory	ADJ
cjal-3321	24	6	bid	bid	NOUN
cjal-3321	24	7	rule	rule	NOUN
cjal-3321	24	8	214	214	NUM
cjal-3321	24	9	3	3	NUM
cjal-3321	24	10	.	.	PUNCT
cjal-3321	24	11	more	more	ADV
cjal-3321	24	12	detailed	detailed	ADJ
cjal-3321	24	13	squeeze	squeeze	NOUN
cjal-3321	24	14	-	-	PUNCT
cjal-3321	24	15	out	out	ADP
cjal-3321	24	16	provisions	provision	NOUN
cjal-3321	24	17	216	216	NUM
cjal-3321	24	18	b.	b.	NOUN
cjal-3321	24	19	changes	change	NOUN
cjal-3321	24	20	to	to	ADP
cjal-3321	24	21	the	the	DET
cjal-3321	24	22	private	private	ADJ
cjal-3321	24	23	enforcement	enforcement	NOUN
cjal-3321	24	24	framework	framework	NOUN
cjal-3321	24	25	218	218	NUM
cjal-3321	24	26	i.	i.	NOUN
cjal-3321	24	27	fiduciary	fiduciary	ADJ
cjal-3321	24	28	duty	duty	NOUN
cjal-3321	24	29	jurisprudence	jurisprudence	NOUN
cjal-3321	24	30	218	218	NUM
cjal-3321	24	31	2	2	NUM
cjal-3321	24	32	.	.	PUNCT
cjal-3321	24	33	business	business	NOUN
cjal-3321	24	34	judgment	judgment	NOUN
cjal-3321	24	35	rule	rule	VERB
cjal-3321	24	36	219	219	NUM
cjal-3321	24	37	conclusion	conclusion	NOUN
cjal-3321	24	38	221	221	NUM
cjal-3321	24	39	the	the	DET
cjal-3321	24	40	efficacy	efficacy	NOUN
cjal-3321	24	41	of	of	ADP
cjal-3321	24	42	chinese	chinese	ADJ
cjal-3321	24	43	takeover	takeover	NOUN
cjal-3321	24	44	laws	law	NOUN
cjal-3321	24	45	182	182	NUM
cjal-3321	24	46	introduction	introduction	NOUN
cjal-3321	24	47	although	although	SCONJ
cjal-3321	24	48	no	no	DET
cjal-3321	24	49	single	single	ADJ
cjal-3321	24	50	theory	theory	NOUN
cjal-3321	24	51	is	be	AUX
cjal-3321	24	52	sufficient	sufficient	ADJ
cjal-3321	24	53	to	to	PART
cjal-3321	24	54	explain	explain	VERB
cjal-3321	24	55	all	all	DET
cjal-3321	24	56	takeovers	takeover	NOUN
cjal-3321	24	57	,	,	PUNCT
cjal-3321	24	58	empirical	empirical	ADJ
cjal-3321	24	59	evidence	evidence	NOUN
cjal-3321	24	60	consistently	consistently	ADV
cjal-3321	24	61	demonstrates	demonstrate	VERB
cjal-3321	24	62	that	that	SCONJ
cjal-3321	24	63	takeovers	takeover	NOUN
cjal-3321	24	64	can	can	AUX
cjal-3321	24	65	be	be	AUX
cjal-3321	24	66	value	value	NOUN
cjal-3321	24	67	-	-	PUNCT
cjal-3321	24	68	maximizing	maximize	VERB
cjal-3321	24	69	events	event	NOUN
cjal-3321	24	70	for	for	ADP
cjal-3321	24	71	target	target	NOUN
cjal-3321	24	72	firm	firm	ADJ
cjal-3321	24	73	shareholders	shareholder	NOUN
cjal-3321	24	74	and	and	CCONJ
cjal-3321	24	75	enhance	enhance	VERB
cjal-3321	24	76	social	social	ADJ
cjal-3321	24	77	efficiency	efficiency	NOUN
cjal-3321	24	78	.	.	PUNCT
cjal-3321	24	79	'	'	PUNCT
cjal-3321	25	1	acquisition	acquisition	NOUN
cjal-3321	25	2	of	of	ADP
cjal-3321	25	3	control	control	NOUN
cjal-3321	25	4	rights	right	NOUN
cjal-3321	25	5	by	by	ADP
cjal-3321	25	6	ousting	oust	VERB
cjal-3321	25	7	original	original	ADJ
cjal-3321	25	8	management	management	NOUN
cjal-3321	25	9	is	be	AUX
cjal-3321	25	10	commonly	commonly	ADV
cjal-3321	25	11	thought	think	VERB
cjal-3321	25	12	to	to	PART
cjal-3321	25	13	play	play	VERB
cjal-3321	25	14	a	a	DET
cjal-3321	25	15	key	key	ADJ
cjal-3321	25	16	role	role	NOUN
cjal-3321	25	17	in	in	ADP
cjal-3321	25	18	reducing	reduce	VERB
cjal-3321	25	19	managerial	managerial	ADJ
cjal-3321	25	20	slack	slack	NOUN
cjal-3321	25	21	in	in	ADP
cjal-3321	25	22	corporate	corporate	ADJ
cjal-3321	25	23	governance	governance	NOUN
cjal-3321	25	24	by	by	ADP
cjal-3321	25	25	replacing	replace	VERB
cjal-3321	25	26	inefficient	inefficient	ADJ
cjal-3321	25	27	management	management	NOUN
cjal-3321	25	28	.	.	PUNCT
cjal-3321	25	29	'	'	PUNCT
cjal-3321	26	1	moreover	moreover	ADV
cjal-3321	26	2	,	,	PUNCT
cjal-3321	26	3	economic	economic	ADJ
cjal-3321	26	4	literatures	literature	NOUN
cjal-3321	26	5	have	have	AUX
cjal-3321	26	6	argued	argue	VERB
cjal-3321	26	7	that	that	SCONJ
cjal-3321	26	8	the	the	DET
cjal-3321	26	9	value	value	NOUN
cjal-3321	26	10	of	of	ADP
cjal-3321	26	11	the	the	DET
cjal-3321	26	12	combined	combine	VERB
cjal-3321	26	13	firm	firm	NOUN
cjal-3321	26	14	is	be	AUX
cjal-3321	26	15	greater	great	ADJ
cjal-3321	26	16	than	than	ADP
cjal-3321	26	17	the	the	DET
cjal-3321	26	18	sum	sum	NOUN
cjal-3321	26	19	of	of	ADP
cjal-3321	26	20	values	value	NOUN
cjal-3321	26	21	of	of	ADP
cjal-3321	26	22	the	the	DET
cjal-3321	26	23	two	two	NUM
cjal-3321	26	24	individual	individual	ADJ
cjal-3321	26	25	firms	firm	NOUN
cjal-3321	26	26	,	,	PUNCT
cjal-3321	26	27	as	as	SCONJ
cjal-3321	26	28	successful	successful	ADJ
cjal-3321	26	29	takeovers	takeover	NOUN
cjal-3321	26	30	create	create	VERB
cjal-3321	26	31	synergy	synergy	NOUN
cjal-3321	26	32	gain	gain	NOUN
cjal-3321	26	33	.	.	PUNCT
cjal-3321	26	34	'	'	PUNCT
cjal-3321	27	1	in	in	ADP
cjal-3321	27	2	china	china	PROPN
cjal-3321	27	3	,	,	PUNCT
cjal-3321	27	4	however	however	ADV
cjal-3321	27	5	,	,	PUNCT
cjal-3321	27	6	few	few	ADJ
cjal-3321	27	7	takeovers	takeover	NOUN
cjal-3321	27	8	are	be	AUX
cjal-3321	27	9	ever	ever	ADV
cjal-3321	27	10	initiated	initiate	VERB
cjal-3321	27	11	.	.	PUNCT
cjal-3321	27	12	'	'	PUNCT
cjal-3321	28	1	as	as	ADP
cjal-3321	28	2	a	a	DET
cjal-3321	28	3	result	result	NOUN
cjal-3321	28	4	,	,	PUNCT
cjal-3321	28	5	management	management	NOUN
cjal-3321	28	6	is	be	AUX
cjal-3321	28	7	insulated	insulate	VERB
cjal-3321	28	8	from	from	ADP
cjal-3321	28	9	threats	threat	NOUN
cjal-3321	28	10	of	of	ADP
cjal-3321	28	11	replacement	replacement	NOUN
cjal-3321	28	12	by	by	ADP
cjal-3321	28	13	takeovers	takeover	NOUN
cjal-3321	28	14	.	.	PUNCT
cjal-3321	29	1	the	the	DET
cjal-3321	29	2	infrequency	infrequency	NOUN
cjal-3321	29	3	of	of	ADP
cjal-3321	29	4	takeovers	takeover	NOUN
cjal-3321	29	5	in	in	ADP
cjal-3321	29	6	china	china	PROPN
cjal-3321	29	7	can	can	AUX
cjal-3321	29	8	be	be	AUX
cjal-3321	29	9	explained	explain	VERB
cjal-3321	29	10	by	by	ADP
cjal-3321	29	11	the	the	DET
cjal-3321	29	12	chilling	chilling	ADJ
cjal-3321	29	13	effect	effect	NOUN
cjal-3321	29	14	of	of	ADP
cjal-3321	29	15	chinese	chinese	ADJ
cjal-3321	29	16	takeover	takeover	NOUN
cjal-3321	29	17	laws	law	NOUN
cjal-3321	29	18	and	and	CCONJ
cjal-3321	29	19	the	the	DET
cjal-3321	29	20	pro	pro	ADJ
cjal-3321	29	21	-	-	ADJ
cjal-3321	29	22	government	government	ADJ
cjal-3321	29	23	stance	stance	NOUN
cjal-3321	29	24	of	of	ADP
cjal-3321	29	25	the	the	DET
cjal-3321	29	26	china	china	PROPN
cjal-3321	29	27	securities	securities	PROPN
cjal-3321	29	28	regulatory	regulatory	PROPN
cjal-3321	29	29	commission	commission	PROPN
cjal-3321	29	30	(	(	PUNCT
cjal-3321	29	31	csrc	csrc	PROPN
cjal-3321	29	32	)	)	PUNCT
cjal-3321	29	33	,	,	PUNCT
cjal-3321	29	34	5	5	NUM
cjal-3321	29	35	the	the	DET
cjal-3321	29	36	primary	primary	ADJ
cjal-3321	29	37	regulator	regulator	NOUN
cjal-3321	29	38	of	of	ADP
cjal-3321	29	39	china	china	PROPN
cjal-3321	29	40	's	's	PART
cjal-3321	29	41	securities	security	NOUN
cjal-3321	29	42	markets	market	NOUN
cjal-3321	29	43	.	.	PUNCT
cjal-3321	30	1	in	in	ADP
cjal-3321	30	2	2002	2002	NUM
cjal-3321	30	3	,	,	PUNCT
cjal-3321	30	4	the	the	DET
cjal-3321	30	5	chinese	chinese	ADJ
cjal-3321	30	6	legislature	legislature	NOUN
cjal-3321	30	7	released	release	VERB
cjal-3321	30	8	its	its	PRON
cjal-3321	30	9	first	first	ADJ
cjal-3321	30	10	takeover	takeover	NOUN
cjal-3321	30	11	-	-	PUNCT
cjal-3321	30	12	specific	specific	ADJ
cjal-3321	30	13	regulation,6	regulation,6	NOUN
cjal-3321	30	14	which	which	PRON
cjal-3321	30	15	contains	contain	VERB
cjal-3321	30	16	many	many	ADJ
cjal-3321	30	17	provisions	provision	NOUN
cjal-3321	30	18	that	that	PRON
cjal-3321	30	19	may	may	AUX
cjal-3321	30	20	initially	initially	ADV
cjal-3321	30	21	appear	appear	VERB
cjal-3321	30	22	'	'	PUNCT
cjal-3321	30	23	roberta	roberta	PROPN
cjal-3321	30	24	romano	romano	PROPN
cjal-3321	30	25	,	,	PUNCT
cjal-3321	30	26	a	a	DET
cjal-3321	30	27	guide	guide	NOUN
cjal-3321	30	28	to	to	ADP
cjal-3321	30	29	takeovers	takeover	NOUN
cjal-3321	30	30	:	:	PUNCT
cjal-3321	30	31	theory	theory	NOUN
cjal-3321	30	32	,	,	PUNCT
cjal-3321	30	33	evidence	evidence	NOUN
cjal-3321	30	34	and	and	CCONJ
cjal-3321	30	35	regulation	regulation	NOUN
cjal-3321	30	36	,	,	PUNCT
cjal-3321	30	37	9	9	NUM
cjal-3321	30	38	yale	yale	NOUN
cjal-3321	30	39	j.	j.	PROPN
cjal-3321	30	40	on	on	ADP
cjal-3321	30	41	reg	reg	PROPN
cjal-3321	30	42	.	.	PUNCT
cjal-3321	31	1	119	119	NUM
cjal-3321	31	2	,	,	PUNCT
cjal-3321	31	3	119	119	NUM
cjal-3321	31	4	-	-	SYM
cjal-3321	31	5	20	20	NUM
cjal-3321	31	6	(	(	PUNCT
cjal-3321	31	7	1992	1992	NUM
cjal-3321	31	8	)	)	PUNCT
cjal-3321	31	9	.	.	PUNCT
cjal-3321	32	1	2	2	NUM
cjal-3321	33	1	i	i	PRON
cjal-3321	33	2	d.	d.	NOUN
cjal-3321	33	3	at	at	ADP
cjal-3321	33	4	130	130	NUM
cjal-3321	33	5	-	-	SYM
cjal-3321	33	6	33	33	NUM
cjal-3321	33	7	;	;	PUNCT
cjal-3321	33	8	john	john	PROPN
cjal-3321	33	9	armour	armour	PROPN
cjal-3321	33	10	&	&	CCONJ
cjal-3321	33	11	david	david	PROPN
cjal-3321	33	12	skeel	skeel	PROPN
cjal-3321	33	13	,	,	PUNCT
cjal-3321	33	14	who	who	PRON
cjal-3321	33	15	writes	write	VERB
cjal-3321	33	16	the	the	DET
cjal-3321	33	17	rules	rule	NOUN
cjal-3321	33	18	for	for	ADP
cjal-3321	33	19	hostile	hostile	ADJ
cjal-3321	33	20	takeovers	takeover	NOUN
cjal-3321	33	21	and	and	CCONJ
cjal-3321	33	22	why?-the	why?-the	DET
cjal-3321	33	23	peculiar	peculiar	ADJ
cjal-3321	33	24	divergence	divergence	NOUN
cjal-3321	33	25	of	of	ADP
cjal-3321	33	26	u.s	u.s	PROPN
cjal-3321	33	27	.	.	PROPN
cjal-3321	33	28	and	and	CCONJ
cjal-3321	33	29	u.k	u.k	PROPN
cjal-3321	33	30	.	.	PROPN
cjal-3321	33	31	takeover	takeover	NOUN
cjal-3321	33	32	regulation	regulation	NOUN
cjal-3321	33	33	,	,	PUNCT
cjal-3321	33	34	95	95	NUM
cjal-3321	33	35	geo	geo	PROPN
cjal-3321	33	36	.	.	PUNCT
cjal-3321	33	37	l.j	l.j	PROPN
cjal-3321	33	38	.	.	PROPN
cjal-3321	33	39	1735	1735	NUM
cjal-3321	33	40	,	,	PUNCT
cjal-3321	33	41	1727	1727	NUM
cjal-3321	33	42	(	(	PUNCT
cjal-3321	33	43	2007	2007	NUM
cjal-3321	33	44	)	)	PUNCT
cjal-3321	33	45	(	(	PUNCT
cjal-3321	33	46	discussing	discuss	VERB
cjal-3321	33	47	the	the	DET
cjal-3321	33	48	features	feature	NOUN
cjal-3321	33	49	of	of	ADP
cjal-3321	33	50	common	common	ADJ
cjal-3321	33	51	law	law	NOUN
cjal-3321	33	52	takeover	takeover	NOUN
cjal-3321	33	53	regulation	regulation	NOUN
cjal-3321	33	54	from	from	ADP
cjal-3321	33	55	a	a	DET
cjal-3321	33	56	comparative	comparative	ADJ
cjal-3321	33	57	law	law	NOUN
cjal-3321	33	58	perspective	perspective	NOUN
cjal-3321	33	59	and	and	CCONJ
cjal-3321	33	60	explaining	explain	VERB
cjal-3321	33	61	how	how	SCONJ
cjal-3321	33	62	the	the	DET
cjal-3321	33	63	takeover	takeover	NOUN
cjal-3321	33	64	market	market	NOUN
cjal-3321	33	65	is	be	AUX
cjal-3321	33	66	a	a	DET
cjal-3321	33	67	typical	typical	ADJ
cjal-3321	33	68	source	source	NOUN
cjal-3321	33	69	of	of	ADP
cjal-3321	33	70	market	market	NOUN
cjal-3321	33	71	discipline	discipline	NOUN
cjal-3321	33	72	for	for	ADP
cjal-3321	33	73	management	management	NOUN
cjal-3321	33	74	)	)	PUNCT
cjal-3321	33	75	.	.	PUNCT
cjal-3321	34	1	if	if	SCONJ
cjal-3321	34	2	management	management	NOUN
cjal-3321	34	3	were	be	AUX
cjal-3321	34	4	not	not	PART
cjal-3321	34	5	diligent	diligent	ADJ
cjal-3321	34	6	,	,	PUNCT
cjal-3321	34	7	the	the	DET
cjal-3321	34	8	firm	firm	NOUN
cjal-3321	34	9	's	's	PART
cjal-3321	34	10	value	value	NOUN
cjal-3321	34	11	would	would	AUX
cjal-3321	34	12	stagnate	stagnate	VERB
cjal-3321	34	13	.	.	PUNCT
cjal-3321	35	1	in	in	ADP
cjal-3321	35	2	the	the	DET
cjal-3321	35	3	face	face	NOUN
cjal-3321	35	4	of	of	ADP
cjal-3321	35	5	potential	potential	ADJ
cjal-3321	35	6	bidders	bidder	NOUN
cjal-3321	35	7	who	who	PRON
cjal-3321	35	8	threaten	threaten	VERB
cjal-3321	35	9	to	to	PART
cjal-3321	35	10	buy	buy	VERB
cjal-3321	35	11	the	the	DET
cjal-3321	35	12	company	company	NOUN
cjal-3321	35	13	and	and	CCONJ
cjal-3321	35	14	replace	replace	VERB
cjal-3321	35	15	the	the	DET
cjal-3321	35	16	management	management	NOUN
cjal-3321	35	17	,	,	PUNCT
cjal-3321	35	18	senior	senior	ADJ
cjal-3321	35	19	officers	officer	NOUN
cjal-3321	35	20	would	would	AUX
cjal-3321	35	21	be	be	AUX
cjal-3321	35	22	incentivized	incentivize	VERB
cjal-3321	35	23	to	to	PART
cjal-3321	35	24	enhance	enhance	VERB
cjal-3321	35	25	their	their	PRON
cjal-3321	35	26	performance	performance	NOUN
cjal-3321	35	27	and	and	CCONJ
cjal-3321	35	28	maximize	maximize	VERB
cjal-3321	35	29	the	the	DET
cjal-3321	35	30	firm	firm	NOUN
cjal-3321	35	31	's	's	PART
cjal-3321	35	32	value	value	NOUN
cjal-3321	35	33	.	.	PUNCT
cjal-3321	36	1	3	3	NUM
cjal-3321	36	2	see	see	VERB
cjal-3321	36	3	,	,	PUNCT
cjal-3321	36	4	e.g.	e.g.	ADV
cjal-3321	36	5	,	,	PUNCT
cjal-3321	36	6	j.	j.	PROPN
cjal-3321	36	7	fred	fred	PROPN
cjal-3321	36	8	weston	weston	PROPN
cjal-3321	36	9	,	,	PUNCT
cjal-3321	36	10	kwang	kwang	PROPN
cjal-3321	36	11	s.	s.	PROPN
cjal-3321	36	12	chung	chung	PROPN
cjal-3321	36	13	&	&	CCONJ
cjal-3321	36	14	susan	susan	PROPN
cjal-3321	36	15	e.	e.	PROPN
cjal-3321	36	16	hoag	hoag	PROPN
cjal-3321	36	17	,	,	PUNCT
cjal-3321	36	18	mergers	merger	NOUN
cjal-3321	36	19	,	,	PUNCT
cjal-3321	36	20	restructuring	restructuring	NOUN
cjal-3321	36	21	and	and	CCONJ
cjal-3321	36	22	corporate	corporate	ADJ
cjal-3321	36	23	control	control	NOUN
cjal-3321	36	24	93	93	NUM
cjal-3321	36	25	-	-	SYM
cjal-3321	36	26	94,191	94,191	NUM
cjal-3321	36	27	-	-	SYM
cjal-3321	36	28	92	92	NUM
cjal-3321	36	29	(	(	PUNCT
cjal-3321	36	30	2d	2d	NUM
cjal-3321	36	31	ed	ed	NOUN
cjal-3321	36	32	.	.	PUNCT
cjal-3321	37	1	199o	199o	NUM
cjal-3321	37	2	)	)	PUNCT
cjal-3321	37	3	.	.	PUNCT
cjal-3321	38	1	4	4	NUM
cjal-3321	38	2	peng	peng	NOUN
cjal-3321	38	3	bing	bing	NOUN
cjal-3321	38	4	(	(	PUNCT
cjal-3321	38	5	zhongguo	zhongguo	PROPN
cjal-3321	38	6	zhengquan	zhengquan	PROPN
cjal-3321	38	7	faxue	faxue	PROPN
cjal-3321	38	8	(	(	PUNCT
cjal-3321	38	9	+	+	ADP
cjal-3321	38	10	mii	mii	PROPN
cjal-3321	38	11	.	.	PUNCT
cjal-3321	38	12	)	)	PUNCT
cjal-3321	39	1	[	[	X
cjal-3321	39	2	chinese	chinese	ADJ
cjal-3321	39	3	securities	security	NOUN
cjal-3321	39	4	law	law	NOUN
cjal-3321	39	5	]	]	PUNCT
cjal-3321	39	6	268	268	NUM
cjal-3321	39	7	,	,	PUNCT
cjal-3321	39	8	286	286	NUM
cjal-3321	39	9	(	(	PUNCT
cjal-3321	39	10	2007	2007	NUM
cjal-3321	39	11	)	)	PUNCT
cjal-3321	39	12	.	.	PUNCT
cjal-3321	40	1	see	see	VERB
cjal-3321	40	2	also	also	ADV
cjal-3321	40	3	benjamin	benjamin	PROPN
cjal-3321	40	4	chun	chun	PROPN
cjal-3321	40	5	,	,	PUNCT
cjal-3321	40	6	a	a	DET
cjal-3321	40	7	brief	brief	ADJ
cjal-3321	40	8	comparison	comparison	NOUN
cjal-3321	40	9	of	of	ADP
cjal-3321	40	10	the	the	DET
cjal-3321	40	11	chinese	chinese	PROPN
cjal-3321	40	12	and	and	CCONJ
cjal-3321	40	13	united	united	PROPN
cjal-3321	40	14	states	states	PROPN
cjal-3321	40	15	securities	security	NOUN
cjal-3321	40	16	regulations	regulation	NOUN
cjal-3321	40	17	governing	govern	VERB
cjal-3321	40	18	corporate	corporate	ADJ
cjal-3321	40	19	takeovers	takeover	NOUN
cjal-3321	40	20	,	,	PUNCT
cjal-3321	40	21	12	12	NUM
cjal-3321	40	22	colum	colum	NOUN
cjal-3321	40	23	.	.	PUNCT
cjal-3321	41	1	j.	j.	PROPN
cjal-3321	41	2	asian	asian	PROPN
cjal-3321	41	3	l.	l.	PROPN
cjal-3321	41	4	99	99	NUM
cjal-3321	41	5	,	,	PUNCT
cjal-3321	41	6	121	121	NUM
cjal-3321	41	7	(	(	PUNCT
cjal-3321	41	8	1998	1998	NUM
cjal-3321	41	9	)	)	PUNCT
cjal-3321	41	10	.	.	PUNCT
cjal-3321	41	11	'	'	PUNCT
cjal-3321	41	12	csrc	csrc	NOUN
cjal-3321	41	13	,	,	PUNCT
cjal-3321	41	14	zhengjianhui	zhengjianhui	PROPN
cjal-3321	41	15	luoshi	luoshi	PROPN
cjal-3321	41	16	guowuyuan	guowuyuan	PROPN
cjal-3321	41	17	fangdichan	fangdichan	PROPN
cjal-3321	41	18	tiaokong	tiaokong	PROPN
cjal-3321	41	19	zhengce	zhengce	PROPN
cjal-3321	41	20	guifan	guifan	PROPN
cjal-3321	41	21	fangdichan	fangdichan	PROPN
cjal-3321	41	22	binggou	binggou	NOUN
cjal-3321	41	23	chongzu	chongzu	NOUN
cjal-3321	41	24	(	(	PUNCT
cjal-3321	41	25	i	i	NOUN
cjal-3321	41	26	-	-	PUNCT
cjal-3321	41	27	;	;	PUNCT
cjal-3321	41	28	)	)	PUNCT
cjal-3321	41	29	l	l	NOUN
cjal-3321	42	1	j	j	PROPN
cjal-3321	42	2	f	f	X
cjal-3321	42	3	)	)	PUNCT
cjal-3321	43	1	[	[	X
cjal-3321	43	2	csrc	csrc	NOUN
cjal-3321	43	3	implements	implement	VERB
cjal-3321	43	4	state	state	PROPN
cjal-3321	43	5	council	council	NOUN
cjal-3321	43	6	policy	policy	NOUN
cjal-3321	43	7	on	on	ADP
cjal-3321	43	8	controlling	control	VERB
cjal-3321	43	9	the	the	DET
cjal-3321	43	10	real	real	ADJ
cjal-3321	43	11	estate	estate	NOUN
cjal-3321	43	12	market	market	NOUN
cjal-3321	43	13	and	and	CCONJ
cjal-3321	43	14	regulating	regulate	VERB
cjal-3321	43	15	mergers	merger	NOUN
cjal-3321	43	16	,	,	PUNCT
cjal-3321	43	17	acquisitions	acquisition	NOUN
cjal-3321	43	18	,	,	PUNCT
cjal-3321	43	19	and	and	CCONJ
cjal-3321	43	20	reorganizations	reorganization	NOUN
cjal-3321	43	21	of	of	ADP
cjal-3321	43	22	real	real	ADJ
cjal-3321	43	23	estate	estate	NOUN
cjal-3321	43	24	enterprises	enterprise	NOUN
cjal-3321	43	25	]	]	PUNCT
cjal-3321	43	26	,	,	PUNCT
cjal-3321	43	27	zhongguo	zhongguo	PROPN
cjal-3321	43	28	zhengquan	zhengquan	PROPN
cjal-3321	43	29	jiandu	jiandu	PROPN
cjal-3321	43	30	guanli	guanli	PROPN
cjal-3321	43	31	weiyuanhui	weiyuanhui	PROPN
cjal-3321	43	32	gonggao	gonggao	ADV
cjal-3321	43	33	(	(	PUNCT
cjal-3321	43	34	'	'	PUNCT
cjal-3321	43	35	)	)	PUNCT
cjal-3321	44	1	[	[	X
cjal-3321	44	2	csrc	csrc	NOUN
cjal-3321	44	3	official	official	ADJ
cjal-3321	44	4	bulletin	bulletin	NOUN
cjal-3321	44	5	]	]	PUNCT
cjal-3321	44	6	(	(	PUNCT
cjal-3321	44	7	2oo	2oo	NOUN
cjal-3321	44	8	)	)	PUNCT
cjal-3321	44	9	,	,	PUNCT
cjal-3321	44	10	available	available	ADJ
cjal-3321	44	11	at	at	ADP
cjal-3321	44	12	http://www.gov.cn/gzdt/2o110/15/content-17238o6.htm	http://www.gov.cn/gzdt/2o110/15/content-17238o6.htm	PROPN
cjal-3321	44	13	.	.	PROPN
cjal-3321	44	14	6	6	NUM
cjal-3321	44	15	shangshi	shangshi	VERB
cjal-3321	44	16	gongsi	gongsi	PROPN
cjal-3321	44	17	shougou	shougou	PROPN
cjal-3321	44	18	guanli	guanli	PROPN
cjal-3321	44	19	banfa	banfa	PROPN
cjal-3321	44	20	20o8	20o8	NUM
cjal-3321	44	21	xiuding	xiuding	NOUN
cjal-3321	44	22	(	(	PUNCT
cjal-3321	44	23	_	_	NOUN
cjal-3321	44	24	]	]	PUNCT
cjal-3321	44	25	.	.	PUNCT
cjal-3321	45	1	]	]	X
cjal-3321	45	2	'	'	PUNCT
cjal-3321	45	3	>	>	X
cjal-3321	45	4	q	q	X
cjal-3321	45	5	)	)	PUNCT
cjal-3321	45	6	,	,	PUNCT
cjal-3321	45	7	20o8	20o8	NUM
cjal-3321	45	8	fliff	fliff	NOUN
cjal-3321	45	9	)	)	PUNCT
cjal-3321	46	1	[	[	X
cjal-3321	46	2	measures	measure	NOUN
cjal-3321	46	3	for	for	ADP
cjal-3321	46	4	the	the	DET
cjal-3321	46	5	administration	administration	NOUN
cjal-3321	46	6	of	of	ADP
cjal-3321	46	7	the	the	DET
cjal-3321	46	8	takeover	takeover	NOUN
cjal-3321	46	9	of	of	ADP
cjal-3321	46	10	listed	list	VERB
cjal-3321	46	11	companies	company	NOUN
cjal-3321	46	12	2oo8	2oo8	NUM
cjal-3321	46	13	amendments	amendment	NOUN
cjal-3321	46	14	]	]	PUNCT
cjal-3321	46	15	(	(	PUNCT
cjal-3321	46	16	promulgated	promulgate	VERB
cjal-3321	46	17	by	by	ADP
cjal-3321	46	18	the	the	DET
cjal-3321	46	19	csrc	csrc	NOUN
cjal-3321	46	20	,	,	PUNCT
cjal-3321	46	21	aug	aug	PROPN
cjal-3321	46	22	.	.	PROPN
cjal-3321	46	23	27	27	NUM
cjal-3321	46	24	,	,	PUNCT
cjal-3321	46	25	2oo8	2oo8	NUM
cjal-3321	46	26	,	,	PUNCT
cjal-3321	46	27	effective	effective	ADJ
cjal-3321	46	28	aug	aug	PROPN
cjal-3321	46	29	.	.	PROPN
cjal-3321	46	30	27	27	NUM
cjal-3321	46	31	,	,	PUNCT
cjal-3321	46	32	2oo8	2oo8	NUM
cjal-3321	46	33	)	)	PUNCT
cjal-3321	46	34	(	(	PUNCT
cjal-3321	46	35	lawinfochina	lawinfochina	NOUN
cjal-3321	46	36	)	)	PUNCT
cjal-3321	46	37	,	,	PUNCT
cjal-3321	46	38	http://www.lawinfochina.com/display.aspx?id=7o43&lib=law	http://www.lawinfochina.com/display.aspx?id=7o43&lib=law	PUNCT
cjal-3321	47	1	[	[	X
cjal-3321	47	2	hereinafter	hereinafter	NOUN
cjal-3321	47	3	measures	measure	NOUN
cjal-3321	47	4	for	for	ADP
cjal-3321	47	5	administration	administration	NOUN
cjal-3321	47	6	of	of	ADP
cjal-3321	47	7	takeovers	takeover	NOUN
cjal-3321	47	8	]	]	PUNCT
cjal-3321	47	9	.	.	PUNCT
cjal-3321	48	1	183	183	NUM
cjal-3321	48	2	columbia	columbia	PROPN
cjal-3321	48	3	journal	journal	PROPN
cjal-3321	48	4	ofasian	ofasian	ADJ
cjal-3321	48	5	law	law	NOUN
cjal-3321	48	6	,	,	PUNCT
cjal-3321	48	7	vol	vol	NOUN
cjal-3321	48	8	.	.	PROPN
cjal-3321	48	9	25	25	NUM
cjal-3321	48	10	,	,	PUNCT
cjal-3321	48	11	no	no	INTJ
cjal-3321	48	12	.	.	NOUN
cjal-3321	48	13	2	2	NUM
cjal-3321	48	14	(	(	PUNCT
cjal-3321	48	15	2012	2012	NUM
cjal-3321	48	16	)	)	PUNCT
cjal-3321	48	17	shareholder	shareholder	NOUN
cjal-3321	48	18	-	-	PUNCT
cjal-3321	48	19	friendly.7	friendly.7	PROPN
cjal-3321	48	20	but	but	CCONJ
cjal-3321	48	21	the	the	DET
cjal-3321	48	22	low	low	ADJ
cjal-3321	48	23	number	number	NOUN
cjal-3321	48	24	of	of	ADP
cjal-3321	48	25	takeovers	takeover	NOUN
cjal-3321	48	26	,	,	PUNCT
cjal-3321	48	27	whether	whether	SCONJ
cjal-3321	48	28	tender	tender	ADJ
cjal-3321	48	29	offers	offer	NOUN
cjal-3321	48	30	or	or	CCONJ
cjal-3321	48	31	hostile	hostile	ADJ
cjal-3321	48	32	takeovers	takeover	NOUN
cjal-3321	48	33	,	,	PUNCT
cjal-3321	48	34	suggests	suggest	VERB
cjal-3321	48	35	that	that	SCONJ
cjal-3321	48	36	the	the	DET
cjal-3321	48	37	takeover	takeover	NOUN
cjal-3321	48	38	laws	law	NOUN
cjal-3321	48	39	have	have	AUX
cjal-3321	48	40	thus	thus	ADV
cjal-3321	48	41	far	far	ADV
cjal-3321	48	42	deterred	deter	VERB
cjal-3321	48	43	consummation	consummation	NOUN
cjal-3321	48	44	of	of	ADP
cjal-3321	48	45	takeover	takeover	NOUN
cjal-3321	48	46	transactions	transaction	NOUN
cjal-3321	48	47	and	and	CCONJ
cjal-3321	48	48	have	have	AUX
cjal-3321	48	49	not	not	PART
cjal-3321	48	50	promoted	promote	VERB
cjal-3321	48	51	effective	effective	ADJ
cjal-3321	48	52	corporate	corporate	ADJ
cjal-3321	48	53	governance	governance	NOUN
cjal-3321	48	54	.	.	PUNCT
cjal-3321	49	1	the	the	DET
cjal-3321	49	2	historical	historical	ADJ
cjal-3321	49	3	domination	domination	NOUN
cjal-3321	49	4	of	of	ADP
cjal-3321	49	5	capital	capital	NOUN
cjal-3321	49	6	markets	market	NOUN
cjal-3321	49	7	by	by	ADP
cjal-3321	49	8	state	state	NOUN
cjal-3321	49	9	-	-	PUNCT
cjal-3321	49	10	owned	own	VERB
cjal-3321	49	11	enterprises	enterprise	NOUN
cjal-3321	49	12	(	(	PUNCT
cjal-3321	49	13	soes	soe	NOUN
cjal-3321	49	14	)	)	PUNCT
cjal-3321	49	15	and	and	CCONJ
cjal-3321	49	16	the	the	DET
cjal-3321	49	17	special	special	ADJ
cjal-3321	49	18	administrative	administrative	ADJ
cjal-3321	49	19	features	feature	NOUN
cjal-3321	49	20	of	of	ADP
cjal-3321	49	21	the	the	DET
cjal-3321	49	22	csrc	csrc	NOUN
cjal-3321	49	23	explain	explain	VERB
cjal-3321	49	24	why	why	SCONJ
cjal-3321	49	25	the	the	DET
cjal-3321	49	26	legislature	legislature	NOUN
cjal-3321	49	27	would	would	AUX
cjal-3321	49	28	be	be	AUX
cjal-3321	49	29	interested	interested	ADJ
cjal-3321	49	30	in	in	ADP
cjal-3321	49	31	deterring	deter	VERB
cjal-3321	49	32	unscrutinized	unscrutinized	ADJ
cjal-3321	49	33	takeover	takeover	NOUN
cjal-3321	49	34	actions	action	NOUN
cjal-3321	49	35	.	.	PUNCT
cjal-3321	50	1	before	before	ADP
cjal-3321	50	2	2002	2002	NUM
cjal-3321	50	3	,	,	PUNCT
cjal-3321	50	4	almost	almost	ADV
cjal-3321	50	5	all	all	DET
cjal-3321	50	6	companies	company	NOUN
cjal-3321	50	7	on	on	ADP
cjal-3321	50	8	the	the	DET
cjal-3321	50	9	shanghai	shanghai	PROPN
cjal-3321	50	10	stock	stock	PROPN
cjal-3321	50	11	exchange	exchange	PROPN
cjal-3321	50	12	(	(	PUNCT
cjal-3321	50	13	sse	sse	PROPN
cjal-3321	50	14	)	)	PUNCT
cjal-3321	50	15	and	and	CCONJ
cjal-3321	50	16	the	the	DET
cjal-3321	50	17	shenzhen	shenzhen	PROPN
cjal-3321	50	18	stock	stock	PROPN
cjal-3321	50	19	exchange	exchange	PROPN
cjal-3321	50	20	(	(	PUNCT
cjal-3321	50	21	szse	szse	NOUN
cjal-3321	50	22	)	)	PUNCT
cjal-3321	50	23	were	be	AUX
cjal-3321	50	24	soes	soe	NOUN
cjal-3321	50	25	or	or	CCONJ
cjal-3321	50	26	firms	firm	NOUN
cjal-3321	50	27	reorganized	reorganize	VERB
cjal-3321	50	28	from	from	ADP
cjal-3321	50	29	soes	soe	NOUN
cjal-3321	50	30	.	.	PUNCT
cjal-3321	51	1	s	s	PART
cjal-3321	51	2	decisions	decision	NOUN
cjal-3321	51	3	regarding	regard	VERB
cjal-3321	51	4	mergers	merger	NOUN
cjal-3321	51	5	,	,	PUNCT
cjal-3321	51	6	acquisitions	acquisition	NOUN
cjal-3321	51	7	,	,	PUNCT
cjal-3321	51	8	and	and	CCONJ
cjal-3321	51	9	stewardship	stewardship	NOUN
cjal-3321	51	10	changes	change	NOUN
cjal-3321	51	11	of	of	ADP
cjal-3321	51	12	soes	soe	NOUN
cjal-3321	51	13	are	be	AUX
cjal-3321	51	14	determined	determine	VERB
cjal-3321	51	15	by	by	ADP
cjal-3321	51	16	the	the	DET
cjal-3321	51	17	state	state	NOUN
cjal-3321	51	18	-	-	PUNCT
cjal-3321	51	19	owned	own	VERB
cjal-3321	51	20	assets	asset	NOUN
cjal-3321	51	21	supervision	supervision	NOUN
cjal-3321	51	22	and	and	CCONJ
cjal-3321	51	23	administration	administration	PROPN
cjal-3321	51	24	commission	commission	PROPN
cjal-3321	51	25	(	(	PUNCT
cjal-3321	51	26	soasac	soasac	NOUN
cjal-3321	51	27	)	)	PUNCT
cjal-3321	51	28	of	of	ADP
cjal-3321	51	29	the	the	DET
cjal-3321	51	30	state	state	NOUN
cjal-3321	51	31	council.9	council.9	PROPN
cjal-3321	51	32	over	over	ADP
cjal-3321	51	33	the	the	DET
cjal-3321	51	34	last	last	ADJ
cjal-3321	51	35	decade	decade	NOUN
cjal-3321	51	36	,	,	PUNCT
cjal-3321	51	37	however	however	ADV
cjal-3321	51	38	,	,	PUNCT
cjal-3321	51	39	the	the	DET
cjal-3321	51	40	capital	capital	NOUN
cjal-3321	51	41	structure	structure	NOUN
cjal-3321	51	42	of	of	ADP
cjal-3321	51	43	the	the	DET
cjal-3321	51	44	market	market	NOUN
cjal-3321	51	45	has	have	AUX
cjal-3321	51	46	changed	change	VERB
cjal-3321	51	47	:	:	PUNCT
cjal-3321	51	48	an	an	DET
cjal-3321	51	49	increasing	increase	VERB
cjal-3321	51	50	number	number	NOUN
cjal-3321	51	51	of	of	ADP
cjal-3321	51	52	central	central	ADJ
cjal-3321	51	53	and	and	CCONJ
cjal-3321	51	54	local	local	ADJ
cjal-3321	51	55	soasac	soasac	NOUN
cjal-3321	51	56	offices	office	NOUN
cjal-3321	51	57	have	have	AUX
cjal-3321	51	58	reduced	reduce	VERB
cjal-3321	51	59	their	their	PRON
cjal-3321	51	60	stock	stock	NOUN
cjal-3321	51	61	ownership	ownership	NOUN
cjal-3321	51	62	in	in	ADP
cjal-3321	51	63	the	the	DET
cjal-3321	51	64	market	market	NOUN
cjal-3321	51	65	to	to	PART
cjal-3321	51	66	optimize	optimize	VERB
cjal-3321	51	67	listed	list	VERB
cjal-3321	51	68	companies	company	NOUN
cjal-3321	51	69	'	'	PART
cjal-3321	51	70	operational	operational	ADJ
cjal-3321	51	71	efficiencies	efficiency	NOUN
cjal-3321	51	72	.	.	PUNCT
cjal-3321	51	73	'	'	PUNCT
cjal-3321	51	74	"	"	PUNCT
cjal-3321	51	75	this	this	PRON
cjal-3321	51	76	may	may	AUX
cjal-3321	51	77	be	be	AUX
cjal-3321	51	78	due	due	ADJ
cjal-3321	51	79	to	to	ADP
cjal-3321	51	80	a	a	DET
cjal-3321	51	81	realization	realization	NOUN
cjal-3321	51	82	by	by	ADP
cjal-3321	51	83	the	the	DET
cjal-3321	51	84	central	central	ADJ
cjal-3321	51	85	government	government	NOUN
cjal-3321	51	86	that	that	SCONJ
cjal-3321	51	87	it	it	PRON
cjal-3321	51	88	is	be	AUX
cjal-3321	51	89	inefficient	inefficient	ADJ
cjal-3321	51	90	for	for	SCONJ
cjal-3321	51	91	it	it	PRON
cjal-3321	51	92	to	to	PART
cjal-3321	51	93	continue	continue	VERB
cjal-3321	51	94	to	to	PART
cjal-3321	51	95	simultaneously	simultaneously	ADV
cjal-3321	51	96	operate	operate	VERB
cjal-3321	51	97	as	as	ADP
cjal-3321	51	98	a	a	DET
cjal-3321	51	99	market	market	NOUN
cjal-3321	51	100	player	player	NOUN
cjal-3321	51	101	and	and	CCONJ
cjal-3321	51	102	a	a	DET
cjal-3321	51	103	referee	referee	NOUN
cjal-3321	51	104	.	.	PUNCT
cjal-3321	52	1	more	more	ADV
cjal-3321	52	2	importantly	importantly	ADV
cjal-3321	52	3	,	,	PUNCT
cjal-3321	52	4	the	the	DET
cjal-3321	52	5	government	government	NOUN
cjal-3321	52	6	's	's	PART
cjal-3321	52	7	focus	focus	NOUN
cjal-3321	52	8	has	have	AUX
cjal-3321	52	9	shifted	shift	VERB
cjal-3321	52	10	from	from	ADP
cjal-3321	52	11	the	the	DET
cjal-3321	52	12	facilitation	facilitation	NOUN
cjal-3321	52	13	of	of	ADP
cjal-3321	52	14	"	"	PUNCT
cjal-3321	52	15	sof	sof	VERB
cjal-3321	52	16	reform	reform	NOUN
cjal-3321	52	17	"	"	PUNCT
cjal-3321	52	18	(	(	PUNCT
cjal-3321	52	19	l	l	X
cjal-3321	52	20	[	[	PUNCT
cjal-3321	52	21	i	i	NOUN
cjal-3321	52	22	1	1	NUM
cjal-3321	52	23	a	a	PRON
cjal-3321	52	24	-	-	PUNCT
cjal-3321	52	25	)	)	PUNCT
cjal-3321	52	26	(	(	PUNCT
cjal-3321	52	27	guoyouqiye	guoyouqiye	PROPN
cjal-3321	52	28	gaige	gaige	PROPN
cjal-3321	52	29	)	)	PUNCT
cjal-3321	52	30	"	"	PUNCT
cjal-3321	52	31	to	to	ADP
cjal-3321	52	32	a	a	DET
cjal-3321	52	33	7	7	NUM
cjal-3321	52	34	see	see	NOUN
cjal-3321	52	35	,	,	PUNCT
cjal-3321	52	36	e.g.	e.g.	ADV
cjal-3321	52	37	,	,	PUNCT
cjal-3321	52	38	zhang	zhang	PROPN
cjal-3321	52	39	yuanchun	yuanchun	PROPN
cjal-3321	52	40	&	&	CCONJ
cjal-3321	52	41	li	li	PROPN
cjal-3321	52	42	shanmin	shanmin	PROPN
cjal-3321	52	43	(	(	PUNCT
cjal-3321	52	44	m	m	PROPN
cjal-3321	52	45	&	&	CCONJ
cjal-3321	52	46	4ea	4ea	PROPN
cjal-3321	52	47	)	)	PUNCT
cjal-3321	52	48	,	,	PUNCT
cjal-3321	52	49	qiangzhi	qiangzhi	PROPN
cjal-3321	52	50	yaoyue	yaoyue	PROPN
cjal-3321	52	51	zhidu	zhidu	PROPN
cjal-3321	52	52	yu	yu	PROPN
cjal-3321	52	53	zhongxiao	zhongxiao	PROPN
cjal-3321	52	54	touzizhe	touzizhe	PROPN
cjal-3321	52	55	baohu	baohu	NOUN
cjal-3321	52	56	(	(	PUNCT
cjal-3321	52	57	vj	vj	INTJ
cjal-3321	52	58	j$	j$	X
cjal-3321	52	59	]	]	X
cjal-3321	52	60	j	j	PROPN
cjal-3321	52	61	f	f	PROPN
cjal-3321	52	62	e	e	PROPN
cjal-3321	52	63	)	)	PUNCT
cjal-3321	53	1	[	[	X
cjal-3321	53	2	mandatory	mandatory	ADJ
cjal-3321	53	3	bid	bid	NOUN
cjal-3321	53	4	and	and	CCONJ
cjal-3321	53	5	minority	minority	NOUN
cjal-3321	53	6	shareholder	shareholder	NOUN
cjal-3321	53	7	protection	protection	PROPN
cjal-3321	53	8	]	]	PUNCT
cjal-3321	53	9	,	,	PUNCT
cjal-3321	53	10	jingji	jingji	PROPN
cjal-3321	53	11	guanli	guanli	PROPN
cjal-3321	53	12	(	(	PUNCT
cjal-3321	53	13	or&ff	or&ff	NOUN
cjal-3321	53	14	)	)	PUNCT
cjal-3321	54	1	[	[	X
cjal-3321	54	2	econ	econ	X
cjal-3321	54	3	.	.	PUNCT
cjal-3321	55	1	man	man	NOUN
cjal-3321	55	2	.	.	PUNCT
cjal-3321	56	1	j.1	j.1	NOUN
cjal-3321	56	2	,	,	PUNCT
cjal-3321	56	3	no	no	INTJ
cjal-3321	56	4	.	.	NOUN
cjal-3321	56	5	6	6	NUM
cjal-3321	56	6	,	,	PUNCT
cjal-3321	56	7	2009	2009	NUM
cjal-3321	56	8	,	,	PUNCT
cjal-3321	56	9	at	at	ADP
cjal-3321	56	10	77	77	NUM
cjal-3321	56	11	.	.	PUNCT
cjal-3321	57	1	see	see	VERB
cjal-3321	57	2	also	also	ADV
cjal-3321	57	3	ma	ma	PROPN
cjal-3321	57	4	qijia	qijia	PROPN
cjal-3321	57	5	(	(	PUNCT
cjal-3321	57	6	4-	4-	X
cjal-3321	57	7	*	*	NOUN
cjal-3321	57	8	)	)	PUNCT
cjal-3321	57	9	,	,	PUNCT
cjal-3321	57	10	oumeng	oumeng	PROPN
cjal-3321	57	11	qiangzhi	qiangzhi	PROPN
cjal-3321	57	12	yaoyue	yaoyue	PROPN
cjal-3321	57	13	guize	guize	PROPN
cjal-3321	57	14	ji	ji	PROPN
cjal-3321	57	15	qishi	qishi	PROPN
cjal-3321	57	16	,	,	PUNCT
cjal-3321	57	17	s)[the	s)[the	PROPN
cjal-3321	57	18	european	european	PROPN
cjal-3321	57	19	union	union	PROPN
cjal-3321	57	20	's	's	PART
cjal-3321	57	21	mandatory	mandatory	ADJ
cjal-3321	57	22	bid	bid	NOUN
cjal-3321	57	23	rule	rule	NOUN
cjal-3321	57	24	and	and	CCONJ
cjal-3321	57	25	its	its	PRON
cjal-3321	57	26	lessons	lesson	NOUN
cjal-3321	57	27	]	]	PUNCT
cjal-3321	57	28	,	,	PUNCT
cjal-3321	57	29	zhengquan	zhengquan	PROPN
cjal-3321	57	30	shichang	shichang	PROPN
cjal-3321	57	31	daobao	daobao	PROPN
cjal-3321	57	32	(	(	PUNCT
cjal-3321	57	33	iijf	iijf	PROPN
cjal-3321	57	34	.pj	.pj	PROPN
cjal-3321	57	35	-	-	PUNCT
cjal-3321	57	36	ij-~jr	ij-~jr	VERB
cjal-3321	57	37	.	.	PUNCT
cjal-3321	57	38	)	)	PUNCT
cjal-3321	58	1	[	[	X
cjal-3321	58	2	sec	sec	PROPN
cjal-3321	58	3	.	.	PROPN
cjal-3321	58	4	market	market	NOUN
cjal-3321	58	5	herald	herald	PROPN
cjal-3321	58	6	]	]	X
cjal-3321	58	7	,	,	PUNCT
cjal-3321	58	8	no	no	INTJ
cjal-3321	58	9	.	.	PROPN
cjal-3321	58	10	55	55	NUM
cjal-3321	58	11	,	,	PUNCT
cjal-3321	58	12	2007	2007	NUM
cjal-3321	58	13	,	,	PUNCT
cjal-3321	58	14	at	at	ADP
cjal-3321	58	15	9	9	NUM
cjal-3321	58	16	.	.	NOUN
cjal-3321	58	17	8	8	NUM
cjal-3321	58	18	tu	tu	PROPN
cjal-3321	58	19	biyu	biyu	PROPN
cjal-3321	58	20	(	(	PUNCT
cjal-3321	58	21	i,'t	i,'t	PROPN
cjal-3321	58	22	)	)	PUNCT
cjal-3321	58	23	,	,	PUNCT
cjal-3321	58	24	shangshi	shangshi	VERB
cjal-3321	58	25	gongsi	gongsi	PROPN
cjal-3321	58	26	guquan	guquan	PROPN
cjal-3321	58	27	jiegou	jiegou	PROPN
cjal-3321	58	28	yu	yu	PROPN
cjal-3321	58	29	xianjin	xianjin	VERB
cjal-3321	59	1	guli	guli	PROPN
cjal-3321	59	2	fenpei	fenpei	PROPN
cjal-3321	59	3	zhengce	zhengce	PROPN
cjal-3321	59	4	guanxi	guanxi	PROPN
cjal-3321	59	5	tanxi	tanxi	NOUN
cjal-3321	59	6	(	(	PUNCT
cjal-3321	59	7	i	i	PROPN
cjal-3321	59	8	-	-	PUNCT
cjal-3321	59	9	i	i	PRON
cjal-3321	59	10	{	{	PUNCT
cjal-3321	59	11	,	,	PUNCT
cjal-3321	59	12	1	1	NUM
cjal-3321	59	13	[	[	NOUN
cjal-3321	59	14	an	an	DET
cjal-3321	59	15	analysis	analysis	NOUN
cjal-3321	59	16	of	of	ADP
cjal-3321	59	17	the	the	DET
cjal-3321	59	18	relationship	relationship	NOUN
cjal-3321	59	19	between	between	ADP
cjal-3321	59	20	capital	capital	NOUN
cjal-3321	59	21	structure	structure	NOUN
cjal-3321	59	22	of	of	ADP
cjal-3321	59	23	listed	list	VERB
cjal-3321	59	24	company	company	NOUN
cjal-3321	59	25	and	and	CCONJ
cjal-3321	59	26	cash	cash	NOUN
cjal-3321	59	27	dividend	dividend	NOUN
cjal-3321	59	28	policy	policy	NOUN
cjal-3321	59	29	]	]	PUNCT
cjal-3321	59	30	,	,	PUNCT
cjal-3321	59	31	jingji	jingji	PROPN
cjal-3321	59	32	zhongheng	zhongheng	PROPN
cjal-3321	59	33	(	(	PUNCT
cjal-3321	59	34	l	l	NOUN
cjal-3321	59	35	.	.	PUNCT
cjal-3321	59	36	)	)	PUNCT
cjal-3321	60	1	[	[	X
cjal-3321	60	2	econ	econ	X
cjal-3321	60	3	.	.	PUNCT
cjal-3321	61	1	r.	r.	PROPN
cjal-3321	61	2	]	]	PUNCT
cjal-3321	61	3	,	,	PUNCT
cjal-3321	61	4	no	no	INTJ
cjal-3321	61	5	.	.	NOUN
cjal-3321	61	6	2	2	NUM
cjal-3321	61	7	,	,	PUNCT
cjal-3321	61	8	2011	2011	NUM
cjal-3321	61	9	,	,	PUNCT
cjal-3321	61	10	at	at	ADP
cjal-3321	61	11	92	92	NUM
cjal-3321	61	12	.	.	PUNCT
cjal-3321	62	1	see	see	VERB
cjal-3321	62	2	also	also	ADV
cjal-3321	62	3	,	,	PUNCT
cjal-3321	62	4	gugai	gugai	PROPN
cjal-3321	62	5	qianhou	qianhou	PROPN
cjal-3321	62	6	woguo	woguo	PROPN
cjal-3321	62	7	shangshi	shangshi	PROPN
cjal-3321	62	8	gongshi	gongshi	PROPN
cjal-3321	62	9	guquan	guquan	PROPN
cjal-3321	62	10	jiegou	jiegou	PROPN
cjal-3321	62	11	jiben	jiben	PROPN
cjal-3321	62	12	tezheng	tezheng	PROPN
cjal-3321	62	13	de	de	X
cjal-3321	62	14	bijiao	bijiao	NOUN
cjal-3321	62	15	fenxi	fenxi	NOUN
cjal-3321	62	16	(	(	PUNCT
cjal-3321	62	17	t	t	PROPN
cjal-3321	62	18	~	~	SYM
cjal-3321	62	19	n	n	NUM
cjal-3321	62	20	bjvkin	bjvkin	NOUN
cjal-3321	62	21	liii	liii	NOUN
cjal-3321	62	22	bj	bj	VERB
cjal-3321	62	23	j0	j0	PROPN
cjal-3321	62	24	,	,	PUNCT
cjal-3321	62	25	i	i	PRON
cjal-3321	62	26	)	)	PUNCT
cjal-3321	63	1	ji	ji	X
cjal-3321	63	2	)	)	PUNCT
cjal-3321	64	1	[	[	X
cjal-3321	64	2	comparison	comparison	NOUN
cjal-3321	64	3	of	of	ADP
cjal-3321	64	4	basic	basic	ADJ
cjal-3321	64	5	characters	character	NOUN
cjal-3321	64	6	of	of	ADP
cjal-3321	64	7	capital	capital	NOUN
cjal-3321	64	8	structure	structure	NOUN
cjal-3321	64	9	of	of	ADP
cjal-3321	64	10	listed	list	VERB
cjal-3321	64	11	company	company	NOUN
cjal-3321	64	12	before	before	ADP
cjal-3321	64	13	and	and	CCONJ
cjal-3321	64	14	after	after	ADP
cjal-3321	64	15	equity	equity	NOUN
cjal-3321	64	16	structure	structure	NOUN
cjal-3321	64	17	reform	reform	NOUN
cjal-3321	64	18	]	]	PUNCT
cjal-3321	64	19	,	,	PUNCT
cjal-3321	64	20	shangye	shangye	PROPN
cjal-3321	64	21	shidai	shidai	PROPN
cjal-3321	64	22	ifijla	ifijla	PROPN
cjal-3321	64	23	-	-	PUNCT
cjal-3321	64	24	nif	nif	PROPN
cjal-3321	64	25	)	)	PUNCT
cjal-3321	64	26	[	[	X
cjal-3321	64	27	com	com	X
cjal-3321	64	28	.	.	PUNCT
cjal-3321	64	29	times	time	NOUN
cjal-3321	64	30	]	]	PUNCT
cjal-3321	64	31	,	,	PUNCT
cjal-3321	64	32	no	no	INTJ
cjal-3321	64	33	.	.	NOUN
cjal-3321	64	34	19	19	NUM
cjal-3321	64	35	,	,	PUNCT
cjal-3321	64	36	2oo	2oo	NOUN
cjal-3321	64	37	,	,	PUNCT
cjal-3321	64	38	at	at	ADP
cjal-3321	64	39	42	42	NUM
cjal-3321	64	40	(	(	PUNCT
cjal-3321	64	41	discussing	discuss	VERB
cjal-3321	64	42	capital	capital	NOUN
cjal-3321	64	43	structure	structure	NOUN
cjal-3321	64	44	of	of	ADP
cjal-3321	64	45	listed	list	VERB
cjal-3321	64	46	companies	company	NOUN
cjal-3321	64	47	in	in	ADP
cjal-3321	64	48	recent	recent	ADJ
cjal-3321	64	49	years	year	NOUN
cjal-3321	64	50	)	)	PUNCT
cjal-3321	64	51	.	.	PUNCT
cjal-3321	65	1	9	9	NUM
cjal-3321	65	2	guoziwei	guoziwei	NOUN
cjal-3321	65	3	chutai	chutai	PROPN
cjal-3321	65	4	yangqi	yangqi	VERB
cjal-3321	65	5	renshi	renshi	PROPN
cjal-3321	65	6	renmian	renmian	PROPN
cjal-3321	65	7	xingui	xingui	NOUN
cjal-3321	65	8	(	(	PUNCT
cjal-3321	65	9	i}l	i}l	ADP
cjal-3321	65	10	$	$	SYM
cjal-3321	65	11	l	l	NOUN
cjal-3321	65	12	{	{	PUNCT
cjal-3321	65	13	:	:	PUNCT
cjal-3321	65	14	j	j	NOUN
cjal-3321	65	15	ij	ij	NOUN
cjal-3321	65	16	,	,	PUNCT
cjal-3321	65	17	)	)	PUNCT
cjal-3321	66	1	[	[	X
cjal-3321	66	2	soasac	soasac	NOUN
cjal-3321	66	3	enacted	enact	VERB
cjal-3321	66	4	a	a	DET
cjal-3321	66	5	new	new	ADJ
cjal-3321	66	6	appointment	appointment	NOUN
cjal-3321	66	7	regulation	regulation	NOUN
cjal-3321	66	8	]	]	PUNCT
cjal-3321	66	9	,	,	PUNCT
cjal-3321	66	10	juece	juece	PROPN
cjal-3321	66	11	yu	yu	PROPN
cjal-3321	66	12	xinxi	xinxi	PROPN
cjal-3321	66	13	(	(	PUNCT
cjal-3321	66	14	ok	ok	INTJ
cjal-3321	66	15	-	-	PUNCT
cjal-3321	66	16	t1j.l)j	t1j.l)j	NOUN
cjal-3321	66	17	)	)	PUNCT
cjal-3321	67	1	[	[	X
cjal-3321	67	2	decision	decision	NOUN
cjal-3321	67	3	&	&	CCONJ
cjal-3321	67	4	info	info	NOUN
cjal-3321	67	5	.	.	PUNCT
cjal-3321	68	1	]	]	X
cjal-3321	68	2	,	,	PUNCT
cjal-3321	68	3	no	no	INTJ
cjal-3321	68	4	.	.	NOUN
cjal-3321	68	5	2	2	NUM
cjal-3321	68	6	,	,	PUNCT
cjal-3321	68	7	2012	2012	NUM
cjal-3321	68	8	,	,	PUNCT
cjal-3321	68	9	at	at	ADP
cjal-3321	68	10	7	7	NUM
cjal-3321	68	11	(	(	PUNCT
cjal-3321	68	12	2012	2012	NUM
cjal-3321	68	13	)	)	PUNCT
cjal-3321	68	14	.	.	PUNCT
cjal-3321	69	1	"	"	PUNCT
cjal-3321	69	2	0	0	NUM
cjal-3321	69	3	peng	peng	PROPN
cjal-3321	69	4	hongfeng	hongfeng	PROPN
cjal-3321	69	5	&	&	CCONJ
cjal-3321	69	6	wang	wang	PROPN
cjal-3321	69	7	jinjing	jinjing	PROPN
cjal-3321	69	8	(	(	PUNCT
cjal-3321	69	9	zq£	zq£	PROPN
cjal-3321	69	10	_	_	PROPN
cjal-3321	69	11	&	&	CCONJ
cjal-3321	69	12	t.k_%	t.k_%	PROPN
cjal-3321	69	13	)	)	PUNCT
cjal-3321	69	14	,	,	PUNCT
cjal-3321	69	15	qianxi	qianxi	PROPN
cjal-3321	69	16	kezhuan	kezhuan	PROPN
cjal-3321	69	17	zhaiquan	zhaiquan	PROPN
cjal-3321	69	18	zai	zai	PROPN
cjal-3321	69	19	woguo	woguo	PROPN
cjal-3321	69	20	guoyougu	guoyougu	PROPN
cjal-3321	69	21	jianchi	jianchi	PROPN
cjal-3321	69	22	zhong	zhong	PROPN
cjal-3321	69	23	de	de	PROPN
cjal-3321	69	24	zhuoyong	zhuoyong	PROPN
cjal-3321	69	25	(;	(;	PUNCT
cjal-3321	69	26	-pdtw	-pdtw	NOUN
cjal-3321	69	27	jj	jj	PROPN
cjal-3321	69	28	+	+	PROPN
cjal-3321	69	29	m	m	PROPN
cjal-3321	69	30	fm	fm	NOUN
cjal-3321	69	31	)	)	PUNCT
cjal-3321	70	1	[	[	X
cjal-3321	70	2	an	an	DET
cjal-3321	70	3	analysis	analysis	NOUN
cjal-3321	70	4	of	of	ADP
cjal-3321	70	5	the	the	DET
cjal-3321	70	6	function	function	NOUN
cjal-3321	70	7	of	of	ADP
cjal-3321	70	8	convertible	convertible	ADJ
cjal-3321	70	9	bonds	bond	NOUN
cjal-3321	70	10	in	in	ADP
cjal-3321	70	11	state	state	NOUN
cjal-3321	70	12	shareholding	shareholding	NOUN
cjal-3321	70	13	reduction	reduction	NOUN
cjal-3321	70	14	]	]	PUNCT
cjal-3321	70	15	,	,	PUNCT
cjal-3321	70	16	shengchanli	shengchanli	PROPN
cjal-3321	70	17	yanjiu	yanjiu	PROPN
cjal-3321	70	18	(	(	PUNCT
cjal-3321	70	19	-il)jrjf	-il)jrjf	NOUN
cjal-3321	70	20	'	'	PUNCT
cjal-3321	70	21	)	)	PUNCT
cjal-3321	71	1	[	[	X
cjal-3321	71	2	productivity	productivity	NOUN
cjal-3321	71	3	res	re	NOUN
cjal-3321	71	4	.	.	PUNCT
cjal-3321	71	5	]	]	X
cjal-3321	71	6	,	,	PUNCT
cjal-3321	71	7	no	no	INTJ
cjal-3321	71	8	.	.	NOUN
cjal-3321	71	9	8	8	NUM
cjal-3321	71	10	,	,	PUNCT
cjal-3321	71	11	2006	2006	NUM
cjal-3321	71	12	,	,	PUNCT
cjal-3321	71	13	at	at	ADP
cjal-3321	71	14	207	207	NUM
cjal-3321	71	15	,	,	PUNCT
cjal-3321	71	16	207	207	NUM
cjal-3321	71	17	-	-	SYM
cjal-3321	71	18	8	8	NUM
cjal-3321	71	19	.	.	PUNCT
cjal-3321	71	20	"	"	PUNCT
cjal-3321	72	1	lixin	lixin	PROPN
cjal-3321	72	2	colin	colin	PROPN
cjal-3321	72	3	xu	xu	PROPN
cjal-3321	72	4	,	,	PUNCT
cjal-3321	72	5	tian	tian	PROPN
cjal-3321	72	6	zhu	zhu	PROPN
cjal-3321	72	7	&	&	CCONJ
cjal-3321	72	8	yi	yi	PROPN
cjal-3321	72	9	-	-	PUNCT
cjal-3321	72	10	min	min	PROPN
cjal-3321	72	11	lin	lin	PROPN
cjal-3321	72	12	,	,	PUNCT
cjal-3321	72	13	politician	politician	NOUN
cjal-3321	72	14	control	control	NOUN
cjal-3321	72	15	,	,	PUNCT
cjal-3321	72	16	agency	agency	NOUN
cjal-3321	72	17	problems	problem	NOUN
cjal-3321	72	18	,	,	PUNCT
cjal-3321	72	19	and	and	CCONJ
cjal-3321	72	20	ownership	ownership	NOUN
cjal-3321	72	21	reform	reform	NOUN
cjal-3321	72	22	:	:	PUNCT
cjal-3321	72	23	evidence	evidence	NOUN
cjal-3321	72	24	from	from	ADP
cjal-3321	72	25	china	china	PROPN
cjal-3321	72	26	,	,	PUNCT
cjal-3321	72	27	13	13	NUM
cjal-3321	72	28	econ	econ	NOUN
cjal-3321	72	29	.	.	PUNCT
cjal-3321	73	1	transition	transition	NOUN
cjal-3321	73	2	1	1	NUM
cjal-3321	73	3	,	,	PUNCT
cjal-3321	73	4	2	2	NUM
cjal-3321	73	5	(	(	PUNCT
cjal-3321	73	6	2oo5	2oo5	NUM
cjal-3321	73	7	)	)	PUNCT
cjal-3321	73	8	,	,	PUNCT
cjal-3321	73	9	available	available	ADJ
cjal-3321	73	10	at	at	ADP
cjal-3321	73	11	http:/onlinelibrary.wiley.com	http:/onlinelibrary.wiley.com	PROPN
cjal-3321	73	12	/	/	SYM
cjal-3321	73	13	doiho.m	doiho.m	NOUN
cjal-3321	73	14	/	/	SYM
cjal-3321	73	15	ji.1468	ji.1468	PROPN
cjal-3321	73	16	-	-	PUNCT
cjal-3321	73	17	0351.2005.oo2o5.x	0351.2005.oo2o5.x	NOUN
cjal-3321	73	18	/	/	SYM
cjal-3321	73	19	pdf	pdf	NOUN
cjal-3321	73	20	.	.	PUNCT
cjal-3321	74	1	"	"	PUNCT
cjal-3321	74	2	sol	sol	NOUN
cjal-3321	74	3	reform	reform	NOUN
cjal-3321	74	4	"	"	PUNCT
cjal-3321	74	5	refers	refer	VERB
cjal-3321	74	6	to	to	ADP
cjal-3321	74	7	"	"	PUNCT
cjal-3321	74	8	the	the	DET
cjal-3321	74	9	large	large	ADJ
cjal-3321	74	10	-	-	PUNCT
cjal-3321	74	11	scale	scale	NOUN
cjal-3321	74	12	ownership	ownership	NOUN
cjal-3321	74	13	and	and	CCONJ
cjal-3321	74	14	organizational	organizational	ADJ
cjal-3321	74	15	reform	reform	NOUN
cjal-3321	74	16	of	of	ADP
cjal-3321	74	17	chinese	chinese	ADJ
cjal-3321	74	18	soes	soe	NOUN
cjal-3321	74	19	during	during	ADP
cjal-3321	74	20	the	the	DET
cjal-3321	74	21	efficacy	efficacy	NOUN
cjal-3321	74	22	of	of	ADP
cjal-3321	74	23	chinese	chinese	ADJ
cjal-3321	74	24	takeover	takeover	NOUN
cjal-3321	74	25	laws	law	NOUN
cjal-3321	74	26	"	"	PUNCT
cjal-3321	74	27	harmonious	harmonious	ADJ
cjal-3321	74	28	society	society	NOUN
cjal-3321	74	29	"	"	PUNCT
cjal-3321	74	30	(	(	PUNCT
cjal-3321	74	31	ttli	ttli	NOUN
cjal-3321	74	32	1	1	NUM
cjal-3321	74	33	:	:	PUNCT
cjal-3321	74	34	)	)	PUNCT
cjal-3321	74	35	(	(	PUNCT
cjal-3321	74	36	hexie	hexie	NOUN
cjal-3321	74	37	shehui	shehui	PROPN
cjal-3321	74	38	)	)	PUNCT
cjal-3321	74	39	.	.	PUNCT
cjal-3321	74	40	'	'	PUNCT
cjal-3321	74	41	"	"	PUNCT
cjal-3321	74	42	such	such	DET
cjal-3321	74	43	a	a	DET
cjal-3321	74	44	fundamental	fundamental	ADJ
cjal-3321	74	45	policy	policy	NOUN
cjal-3321	74	46	shift	shift	NOUN
cjal-3321	74	47	calls	call	VERB
cjal-3321	74	48	for	for	SCONJ
cjal-3321	74	49	the	the	DET
cjal-3321	74	50	csrc	csrc	NOUN
cjal-3321	74	51	to	to	PART
cjal-3321	74	52	rethink	rethink	VERB
cjal-3321	74	53	its	its	PRON
cjal-3321	74	54	approach	approach	NOUN
cjal-3321	74	55	to	to	ADP
cjal-3321	74	56	market	market	NOUN
cjal-3321	74	57	supervision	supervision	NOUN
cjal-3321	74	58	.	.	PUNCT
cjal-3321	75	1	this	this	DET
cjal-3321	75	2	article	article	NOUN
cjal-3321	75	3	seeks	seek	VERB
cjal-3321	75	4	to	to	PART
cjal-3321	75	5	discern	discern	VERB
cjal-3321	75	6	the	the	DET
cjal-3321	75	7	underlying	underlie	VERB
cjal-3321	75	8	policy	policy	NOUN
cjal-3321	75	9	rationale	rationale	NOUN
cjal-3321	75	10	of	of	ADP
cjal-3321	75	11	the	the	DET
cjal-3321	75	12	current	current	ADJ
cjal-3321	75	13	takeover	takeover	NOUN
cjal-3321	75	14	regulations	regulation	NOUN
cjal-3321	75	15	and	and	CCONJ
cjal-3321	75	16	proposes	propose	VERB
cjal-3321	75	17	a	a	DET
cjal-3321	75	18	new	new	ADJ
cjal-3321	75	19	approach	approach	NOUN
cjal-3321	75	20	for	for	ADP
cjal-3321	75	21	market	market	NOUN
cjal-3321	75	22	regulation	regulation	NOUN
cjal-3321	75	23	.	.	PUNCT
cjal-3321	76	1	it	it	PRON
cjal-3321	76	2	offers	offer	VERB
cjal-3321	76	3	suggestions	suggestion	NOUN
cjal-3321	76	4	on	on	ADP
cjal-3321	76	5	improving	improve	VERB
cjal-3321	76	6	several	several	ADJ
cjal-3321	76	7	specific	specific	ADJ
cjal-3321	76	8	takeover	takeover	NOUN
cjal-3321	76	9	provisions	provision	NOUN
cjal-3321	76	10	under	under	ADP
cjal-3321	76	11	this	this	DET
cjal-3321	76	12	new	new	ADJ
cjal-3321	76	13	approach	approach	NOUN
cjal-3321	76	14	.	.	PUNCT
cjal-3321	77	1	part	part	NOUN
cjal-3321	77	2	i	i	PRON
cjal-3321	77	3	of	of	ADP
cjal-3321	77	4	the	the	DET
cjal-3321	77	5	article	article	NOUN
cjal-3321	77	6	examines	examine	VERB
cjal-3321	77	7	the	the	DET
cjal-3321	77	8	current	current	ADJ
cjal-3321	77	9	takeover	takeover	NOUN
cjal-3321	77	10	laws	law	NOUN
cjal-3321	77	11	from	from	ADP
cjal-3321	77	12	a	a	DET
cjal-3321	77	13	regulatory	regulatory	ADJ
cjal-3321	77	14	perspective	perspective	NOUN
cjal-3321	77	15	and	and	CCONJ
cjal-3321	77	16	introduces	introduce	VERB
cjal-3321	77	17	the	the	DET
cjal-3321	77	18	principal	principal	ADJ
cjal-3321	77	19	provisions	provision	NOUN
cjal-3321	77	20	on	on	ADP
cjal-3321	77	21	market	market	NOUN
cjal-3321	77	22	regulation	regulation	NOUN
cjal-3321	77	23	and	and	CCONJ
cjal-3321	77	24	private	private	ADJ
cjal-3321	77	25	enforcement	enforcement	NOUN
cjal-3321	77	26	.	.	PUNCT
cjal-3321	78	1	part	part	NOUN
cjal-3321	78	2	11	11	NUM
cjal-3321	78	3	analyzes	analyze	VERB
cjal-3321	78	4	the	the	DET
cjal-3321	78	5	role	role	NOUN
cjal-3321	78	6	of	of	ADP
cjal-3321	78	7	the	the	DET
cjal-3321	78	8	market	market	NOUN
cjal-3321	78	9	rule	rule	NOUN
cjal-3321	78	10	-	-	PUNCT
cjal-3321	78	11	maker	maker	NOUN
cjal-3321	78	12	,	,	PUNCT
cjal-3321	78	13	the	the	DET
cjal-3321	78	14	csrc	csrc	NOUN
cjal-3321	78	15	,	,	PUNCT
cjal-3321	78	16	its	its	PRON
cjal-3321	78	17	philosophy	philosophy	NOUN
cjal-3321	78	18	,	,	PUNCT
cjal-3321	78	19	and	and	CCONJ
cjal-3321	78	20	the	the	DET
cjal-3321	78	21	incarnations	incarnation	NOUN
cjal-3321	78	22	of	of	ADP
cjal-3321	78	23	this	this	DET
cjal-3321	78	24	philosophy	philosophy	NOUN
cjal-3321	78	25	in	in	ADP
cjal-3321	78	26	the	the	DET
cjal-3321	78	27	takeover	takeover	NOUN
cjal-3321	78	28	regulations	regulation	NOUN
cjal-3321	78	29	.	.	PUNCT
cjal-3321	79	1	part	part	NOUN
cjal-3321	79	2	ii	ii	PROPN
cjal-3321	79	3	discusses	discuss	VERB
cjal-3321	79	4	the	the	DET
cjal-3321	79	5	practical	practical	ADJ
cjal-3321	79	6	implications	implication	NOUN
cjal-3321	79	7	of	of	ADP
cjal-3321	79	8	current	current	ADJ
cjal-3321	79	9	takeover	takeover	NOUN
cjal-3321	79	10	laws	law	NOUN
cjal-3321	79	11	from	from	ADP
cjal-3321	79	12	the	the	DET
cjal-3321	79	13	perspective	perspective	NOUN
cjal-3321	79	14	of	of	ADP
cjal-3321	79	15	shareholder	shareholder	NOUN
cjal-3321	79	16	protection	protection	NOUN
cjal-3321	79	17	and	and	CCONJ
cjal-3321	79	18	market	market	NOUN
cjal-3321	79	19	development	development	NOUN
cjal-3321	79	20	and	and	CCONJ
cjal-3321	79	21	concludes	conclude	VERB
cjal-3321	79	22	with	with	ADP
cjal-3321	79	23	an	an	DET
cjal-3321	79	24	assessment	assessment	NOUN
cjal-3321	79	25	of	of	ADP
cjal-3321	79	26	the	the	DET
cjal-3321	79	27	overall	overall	ADJ
cjal-3321	79	28	efficacy	efficacy	NOUN
cjal-3321	79	29	of	of	ADP
cjal-3321	79	30	chinese	chinese	ADJ
cjal-3321	79	31	takeover	takeover	NOUN
cjal-3321	79	32	regulations	regulation	NOUN
cjal-3321	79	33	.	.	PUNCT
cjal-3321	80	1	finally	finally	ADV
cjal-3321	80	2	,	,	PUNCT
cjal-3321	80	3	part	part	NOUN
cjal-3321	80	4	iv	iv	NUM
cjal-3321	80	5	proposes	propose	VERB
cjal-3321	80	6	a	a	DET
cjal-3321	80	7	new	new	ADJ
cjal-3321	80	8	market	market	NOUN
cjal-3321	80	9	regulatory	regulatory	ADJ
cjal-3321	80	10	framework	framework	NOUN
cjal-3321	80	11	that	that	PRON
cjal-3321	80	12	is	be	AUX
cjal-3321	80	13	more	more	ADV
cjal-3321	80	14	in	in	ADP
cjal-3321	80	15	tune	tune	NOUN
cjal-3321	80	16	with	with	ADP
cjal-3321	80	17	changes	change	NOUN
cjal-3321	80	18	in	in	ADP
cjal-3321	80	19	the	the	DET
cjal-3321	80	20	market	market	NOUN
cjal-3321	80	21	's	's	PART
cjal-3321	80	22	landscape	landscape	NOUN
cjal-3321	80	23	and	and	CCONJ
cjal-3321	80	24	in	in	ADP
cjal-3321	80	25	central	central	ADJ
cjal-3321	80	26	government	government	NOUN
cjal-3321	80	27	's	's	PART
cjal-3321	80	28	policy	policy	NOUN
cjal-3321	80	29	.	.	PUNCT
cjal-3321	81	1	it	it	PRON
cjal-3321	81	2	then	then	ADV
cjal-3321	81	3	suggests	suggest	VERB
cjal-3321	81	4	specific	specific	ADJ
cjal-3321	81	5	amendments	amendment	NOUN
cjal-3321	81	6	to	to	ADP
cjal-3321	81	7	takeover	takeover	NOUN
cjal-3321	81	8	law	law	NOUN
cjal-3321	81	9	provisions	provision	NOUN
cjal-3321	81	10	in	in	ADP
cjal-3321	81	11	light	light	NOUN
cjal-3321	81	12	of	of	ADP
cjal-3321	81	13	the	the	DET
cjal-3321	81	14	proposed	propose	VERB
cjal-3321	81	15	framework	framework	NOUN
cjal-3321	81	16	.	.	PUNCT
cjal-3321	82	1	i.	i.	NOUN
cjal-3321	82	2	takeover	takeover	NOUN
cjal-3321	82	3	laws	law	NOUN
cjal-3321	82	4	the	the	DET
cjal-3321	82	5	chinese	chinese	ADJ
cjal-3321	82	6	takeover	takeover	NOUN
cjal-3321	82	7	regulatory	regulatory	ADJ
cjal-3321	82	8	system	system	NOUN
cjal-3321	82	9	defines	define	VERB
cjal-3321	82	10	the	the	DET
cjal-3321	82	11	conditions	condition	NOUN
cjal-3321	82	12	and	and	CCONJ
cjal-3321	82	13	legal	legal	ADJ
cjal-3321	82	14	procedures	procedure	NOUN
cjal-3321	82	15	for	for	ADP
cjal-3321	82	16	takeover	takeover	NOUN
cjal-3321	82	17	activities	activity	NOUN
cjal-3321	82	18	and	and	CCONJ
cjal-3321	82	19	fiduciary	fiduciary	ADJ
cjal-3321	82	20	duty	duty	NOUN
cjal-3321	82	21	.	.	PUNCT
cjal-3321	83	1	because	because	SCONJ
cjal-3321	83	2	china	china	PROPN
cjal-3321	83	3	is	be	AUX
cjal-3321	83	4	a	a	DET
cjal-3321	83	5	civil	civil	ADJ
cjal-3321	83	6	law	law	NOUN
cjal-3321	83	7	jurisdiction	jurisdiction	NOUN
cjal-3321	83	8	where	where	SCONJ
cjal-3321	83	9	precedents	precedent	NOUN
cjal-3321	83	10	have	have	VERB
cjal-3321	83	11	no	no	DET
cjal-3321	83	12	binding	bind	VERB
cjal-3321	83	13	power	power	NOUN
cjal-3321	83	14	'	'	NOUN
cjal-3321	83	15	3	3	NUM
cjal-3321	83	16	and	and	CCONJ
cjal-3321	83	17	legal	legal	ADJ
cjal-3321	83	18	rules	rule	NOUN
cjal-3321	83	19	are	be	AUX
cjal-3321	83	20	affected	affect	VERB
cjal-3321	83	21	by	by	ADP
cjal-3321	83	22	changing	change	VERB
cjal-3321	83	23	social	social	ADJ
cjal-3321	83	24	rules,'4	rules,'4	NOUN
cjal-3321	83	25	the	the	DET
cjal-3321	83	26	legislature	legislature	NOUN
cjal-3321	83	27	or	or	CCONJ
cjal-3321	83	28	its	its	PRON
cjal-3321	83	29	designated	designate	VERB
cjal-3321	83	30	agencies	agency	NOUN
cjal-3321	83	31	are	be	AUX
cjal-3321	83	32	responsible	responsible	ADJ
cjal-3321	83	33	for	for	ADP
cjal-3321	83	34	explaining	explain	VERB
cjal-3321	83	35	and	and	CCONJ
cjal-3321	83	36	interpreting	interpret	VERB
cjal-3321	83	37	statutes	statute	NOUN
cjal-3321	83	38	.	.	PUNCT
cjal-3321	84	1	paragraph	paragraph	NOUN
cjal-3321	84	2	2	2	NUM
cjal-3321	84	3	of	of	ADP
cjal-3321	84	4	article	article	NOUN
cjal-3321	84	5	ioi	ioi	VERB
cjal-3321	84	6	of	of	ADP
cjal-3321	84	7	the	the	DET
cjal-3321	84	8	securities	security	NOUN
cjal-3321	84	9	law	law	NOUN
cjal-3321	84	10	stipulates	stipulate	VERB
cjal-3321	84	11	that	that	SCONJ
cjal-3321	84	12	"	"	PUNCT
cjal-3321	84	13	[	[	X
cjal-3321	84	14	t]he	t]he	ADJ
cjal-3321	84	15	securities	security	NOUN
cjal-3321	84	16	regulatory	regulatory	ADJ
cjal-3321	84	17	authority	authority	NOUN
cjal-3321	84	18	under	under	ADP
cjal-3321	84	19	the	the	DET
cjal-3321	84	20	state	state	NOUN
cjal-3321	84	21	council	council	NOUN
cjal-3321	84	22	shall	shall	AUX
cjal-3321	84	23	formulate	formulate	VERB
cjal-3321	84	24	specific	specific	ADJ
cjal-3321	84	25	measures	measure	NOUN
cjal-3321	84	26	for	for	ADP
cjal-3321	84	27	the	the	DET
cjal-3321	84	28	acquisition	acquisition	NOUN
cjal-3321	84	29	of	of	ADP
cjal-3321	84	30	the	the	DET
cjal-3321	84	31	199os	199os	NOUN
cjal-3321	84	32	represent[ing	represent[ing	NOUN
cjal-3321	84	33	]	]	PUNCT
cjal-3321	84	34	the	the	DET
cjal-3321	84	35	government	government	NOUN
cjal-3321	84	36	's	's	PART
cjal-3321	84	37	attempts	attempt	NOUN
cjal-3321	84	38	to	to	PART
cjal-3321	84	39	address	address	VERB
cjal-3321	84	40	politician	politician	NOUN
cjal-3321	84	41	control	control	NOUN
cjal-3321	84	42	and	and	CCONJ
cjal-3321	84	43	agency	agency	NOUN
cjal-3321	84	44	problems	problem	NOUN
cjal-3321	84	45	.	.	PUNCT
cjal-3321	84	46	.	.	PUNCT
cjal-3321	84	47	.	.	PUNCT
cjal-3321	84	48	.	.	PUNCT
cjal-3321	85	1	the	the	DET
cjal-3321	85	2	reforms	reform	NOUN
cjal-3321	85	3	were	be	AUX
cjal-3321	85	4	propelled	propel	VERB
cjal-3321	85	5	by	by	ADP
cjal-3321	85	6	the	the	DET
cjal-3321	85	7	fact	fact	NOUN
cjal-3321	85	8	that	that	SCONJ
cjal-3321	85	9	soes	soe	NOUN
cjal-3321	85	10	'	'	PART
cjal-3321	85	11	financial	financial	ADJ
cjal-3321	85	12	performance	performance	NOUN
cjal-3321	85	13	steadily	steadily	ADV
cjal-3321	85	14	deteriorated	deteriorate	VERB
cjal-3321	85	15	during	during	ADP
cjal-3321	85	16	the	the	DET
cjal-3321	85	17	199os	199os	NOUN
cjal-3321	85	18	after	after	ADP
cjal-3321	85	19	a	a	DET
cjal-3321	85	20	period	period	NOUN
cjal-3321	85	21	of	of	ADP
cjal-3321	85	22	improved	improved	ADJ
cjal-3321	85	23	productivity	productivity	NOUN
cjal-3321	85	24	in	in	ADP
cjal-3321	85	25	the	the	DET
cjal-3321	85	26	198os	198os	NOUN
cjal-3321	85	27	.	.	PUNCT
cjal-3321	85	28	"	"	PUNCT
cjal-3321	86	1	i	i	PRON
cjal-3321	86	2	d.	d.	PROPN
cjal-3321	86	3	the	the	DET
cjal-3321	86	4	reform	reform	NOUN
cjal-3321	86	5	adopted	adopt	VERB
cjal-3321	86	6	two	two	NUM
cjal-3321	86	7	major	major	ADJ
cjal-3321	86	8	strategies	strategy	NOUN
cjal-3321	86	9	:	:	PUNCT
cjal-3321	86	10	privatization	privatization	NOUN
cjal-3321	86	11	and	and	CCONJ
cjal-3321	86	12	corporatization	corporatization	NOUN
cjal-3321	86	13	.	.	PUNCT
cjal-3321	87	1	"	"	PUNCT
cjal-3321	87	2	see	see	VERB
cjal-3321	87	3	maureen	maureen	PROPN
cjal-3321	87	4	fan	fan	PROPN
cjal-3321	87	5	,	,	PUNCT
cjal-3321	87	6	china	china	PROPN
cjal-3321	87	7	's	's	PART
cjal-3321	87	8	party	party	NOUN
cjal-3321	87	9	leadership	leadership	NOUN
cjal-3321	87	10	declares	declare	VERB
cjal-3321	87	11	new	new	ADJ
cjal-3321	87	12	priority	priority	NOUN
cjal-3321	87	13	:	:	PUNCT
cjal-3321	87	14	'	'	PUNCT
cjal-3321	87	15	harmonious	harmonious	ADJ
cjal-3321	87	16	society	society	NOUN
cjal-3321	87	17	'	'	PART
cjal-3321	87	18	doctrine	doctrine	NOUN
cjal-3321	87	19	proposed	propose	VERB
cjal-3321	87	20	by	by	ADP
cjal-3321	87	21	president	president	PROPN
cjal-3321	87	22	hu	hu	PROPN
cjal-3321	87	23	formally	formally	ADV
cjal-3321	87	24	endorsed	endorse	VERB
cjal-3321	87	25	,	,	PUNCT
cjal-3321	87	26	wash	wash	NOUN
cjal-3321	87	27	.	.	PUNCT
cjal-3321	88	1	post	post	NOUN
cjal-3321	88	2	,	,	PUNCT
cjal-3321	88	3	oct	oct	PROPN
cjal-3321	88	4	.	.	PROPN
cjal-3321	88	5	12	12	NUM
cjal-3321	88	6	,	,	PUNCT
cjal-3321	88	7	2006	2006	NUM
cjal-3321	88	8	,	,	PUNCT
cjal-3321	88	9	at	at	ADP
cjal-3321	88	10	a18	a18	PROPN
cjal-3321	88	11	,	,	PUNCT
cjal-3321	88	12	available	available	ADJ
cjal-3321	88	13	at	at	ADP
cjal-3321	88	14	http://www.washingtonpost.com/wp-dyn/content/article/	http://www.washingtonpost.com/wp-dyn/content/article/	PROPN
cjal-3321	88	15	2oo6	2oo6	NUM
cjal-3321	88	16	/	/	SYM
cjal-3321	88	17	o/11	o/11	PROPN
cjal-3321	88	18	/	/	SYM
cjal-3321	88	19	ar2oo61oo161o.html	ar2oo61oo161o.html	PROPN
cjal-3321	88	20	.	.	PUNCT
cjal-3321	89	1	the	the	DET
cjal-3321	89	2	construction	construction	NOUN
cjal-3321	89	3	of	of	ADP
cjal-3321	89	4	a	a	DET
cjal-3321	89	5	"	"	PUNCT
cjal-3321	89	6	harmonious	harmonious	ADJ
cjal-3321	89	7	society	society	NOUN
cjal-3321	89	8	"	"	PUNCT
cjal-3321	89	9	is	be	AUX
cjal-3321	89	10	a	a	DET
cjal-3321	89	11	socio	socio	NOUN
cjal-3321	89	12	-	-	PUNCT
cjal-3321	89	13	economic	economic	ADJ
cjal-3321	89	14	vision	vision	NOUN
cjal-3321	89	15	that	that	PRON
cjal-3321	89	16	is	be	AUX
cjal-3321	89	17	said	say	VERB
cjal-3321	89	18	to	to	PART
cjal-3321	89	19	be	be	AUX
cjal-3321	89	20	the	the	DET
cjal-3321	89	21	result	result	NOUN
cjal-3321	89	22	of	of	ADP
cjal-3321	89	23	president	president	PROPN
cjal-3321	89	24	hu	hu	PROPN
cjal-3321	89	25	jintao	jintao	PROPN
cjal-3321	89	26	's	's	PART
cjal-3321	89	27	signature	signature	NOUN
cjal-3321	89	28	"	"	PUNCT
cjal-3321	89	29	scientific	scientific	ADJ
cjal-3321	89	30	development	development	NOUN
cjal-3321	89	31	"	"	PUNCT
cjal-3321	89	32	ideology	ideology	NOUN
cjal-3321	89	33	.	.	PUNCT
cjal-3321	90	1	in	in	ADP
cjal-3321	90	2	applying	apply	VERB
cjal-3321	90	3	this	this	DET
cjal-3321	90	4	vision	vision	NOUN
cjal-3321	90	5	,	,	PUNCT
cjal-3321	90	6	chinese	chinese	ADJ
cjal-3321	90	7	authorities	authority	NOUN
cjal-3321	90	8	have	have	AUX
cjal-3321	90	9	responded	respond	VERB
cjal-3321	90	10	to	to	ADP
cjal-3321	90	11	social	social	ADJ
cjal-3321	90	12	unrest	unrest	NOUN
cjal-3321	90	13	by	by	ADP
cjal-3321	90	14	tightening	tighten	VERB
cjal-3321	90	15	controls	control	NOUN
cjal-3321	90	16	and	and	CCONJ
cjal-3321	90	17	drafting	draft	VERB
cjal-3321	90	18	laws	law	NOUN
cjal-3321	90	19	to	to	PART
cjal-3321	90	20	placate	placate	VERB
cjal-3321	90	21	society	society	NOUN
cjal-3321	90	22	's	's	PART
cjal-3321	90	23	ire	ire	NOUN
cjal-3321	90	24	towards	towards	ADP
cjal-3321	90	25	corrupt	corrupt	ADJ
cjal-3321	90	26	government	government	NOUN
cjal-3321	90	27	and	and	CCONJ
cjal-3321	90	28	corporations	corporation	NOUN
cjal-3321	90	29	.	.	PUNCT
cjal-3321	91	1	13	13	NUM
cjal-3321	91	2	see	see	VERB
cjal-3321	91	3	sh	sh	PROPN
cjal-3321	91	4	-	-	PUNCT
cjal-3321	91	5	len	len	ADJ
cjal-3321	91	6	zongling	zongling	NOUN
cjal-3321	91	7	(	(	PUNCT
cjal-3321	91	8	'	'	PUNCT
cjal-3321	91	9	aar	aar	PROPN
cjal-3321	91	10	li	li	PROPN
cjal-3321	91	11	)	)	PUNCT
cjal-3321	91	12	,	,	PUNCT
cjal-3321	91	13	bijiaofa	bijiaofa	NOUN
cjal-3321	91	14	yanjiu	yanjiu	PROPN
cjal-3321	91	15	(	(	PUNCT
cjal-3321	91	16	llu	llu	X
cjal-3321	91	17	jm	jm	PROPN
cjal-3321	91	18	5l	5l	NUM
cjal-3321	91	19	)	)	PUNCT
cjal-3321	92	1	[	[	X
cjal-3321	92	2	researci	researci	NOUN
cjal-3321	92	3	ion	ion	NOUN
cjal-3321	92	4	comparative	comparative	ADJ
cjal-3321	92	5	law	law	NOUN
cjal-3321	92	6	]	]	PUNCT
cjal-3321	92	7	142	142	NUM
cjal-3321	92	8	(	(	PUNCT
cjal-3321	92	9	1998	1998	NUM
cjal-3321	92	10	)	)	PUNCT
cjal-3321	92	11	(	(	PUNCT
cjal-3321	92	12	arguing	argue	VERB
cjal-3321	92	13	that	that	SCONJ
cjal-3321	92	14	china	china	PROPN
cjal-3321	92	15	falls	fall	VERB
cjal-3321	92	16	within	within	ADP
cjal-3321	92	17	the	the	DET
cjal-3321	92	18	family	family	NOUN
cjal-3321	92	19	of	of	ADP
cjal-3321	92	20	continental	continental	ADJ
cjal-3321	92	21	law	law	NOUN
cjal-3321	92	22	countries	country	NOUN
cjal-3321	92	23	,	,	PUNCT
cjal-3321	92	24	also	also	ADV
cjal-3321	92	25	known	know	VERB
cjal-3321	92	26	as	as	ADP
cjal-3321	92	27	civil	civil	ADJ
cjal-3321	92	28	law	law	NOUN
cjal-3321	92	29	countries	country	NOUN
cjal-3321	92	30	,	,	PUNCT
cjal-3321	92	31	where	where	SCONJ
cjal-3321	92	32	the	the	DET
cjal-3321	92	33	main	main	ADJ
cjal-3321	92	34	source	source	NOUN
cjal-3321	92	35	of	of	ADP
cjal-3321	92	36	law	law	NOUN
cjal-3321	92	37	is	be	AUX
cjal-3321	92	38	statutes	statute	NOUN
cjal-3321	92	39	and	and	CCONJ
cjal-3321	92	40	where	where	SCONJ
cjal-3321	92	41	judicial	judicial	ADJ
cjal-3321	92	42	precedents	precedent	NOUN
cjal-3321	92	43	have	have	VERB
cjal-3321	92	44	hardly	hardly	ADV
cjal-3321	92	45	any	any	DET
cjal-3321	92	46	binding	bind	VERB
cjal-3321	92	47	effect	effect	NOUN
cjal-3321	92	48	)	)	PUNCT
cjal-3321	92	49	.	.	PUNCT
cjal-3321	93	1	14	14	NUM
cjal-3321	93	2	william	william	PROPN
cjal-3321	93	3	t.	t.	PROPN
cjal-3321	93	4	allen	allen	PROPN
cjal-3321	93	5	,	,	PUNCT
cjal-3321	93	6	our	our	PRON
cjal-3321	93	7	schizophrenic	schizophrenic	ADJ
cjal-3321	93	8	conception	conception	NOUN
cjal-3321	93	9	of	of	ADP
cjal-3321	93	10	the	the	DET
cjal-3321	93	11	business	business	NOUN
cjal-3321	93	12	corporation	corporation	NOUN
cjal-3321	93	13	,	,	PUNCT
cjal-3321	93	14	14	14	NUM
cjal-3321	93	15	carnozo	carnozo	PROPN
cjal-3321	93	16	l.	l.	PROPN
cjal-3321	93	17	rev	rev	PROPN
cjal-3321	93	18	.	.	PROPN
cjal-3321	93	19	261	261	NUM
cjal-3321	93	20	,	,	PUNCT
cjal-3321	93	21	278	278	NUM
cjal-3321	93	22	(	(	PUNCT
cjal-3321	93	23	1992	1992	NUM
cjal-3321	93	24	)	)	PUNCT
cjal-3321	93	25	.	.	PUNCT
cjal-3321	94	1	185	185	NUM
cjal-3321	94	2	columbia	columbia	PROPN
cjal-3321	94	3	journal	journal	PROPN
cjal-3321	94	4	ofasian	ofasian	ADJ
cjal-3321	94	5	law	law	NOUN
cjal-3321	94	6	,	,	PUNCT
cjal-3321	94	7	vol	vol	NOUN
cjal-3321	94	8	.	.	PROPN
cjal-3321	94	9	25	25	NUM
cjal-3321	94	10	,	,	PUNCT
cjal-3321	94	11	no	no	INTJ
cjal-3321	94	12	.	.	NOUN
cjal-3321	94	13	2	2	NUM
cjal-3321	94	14	(	(	PUNCT
cjal-3321	94	15	2o12	2o12	NOUN
cjal-3321	94	16	)	)	PUNCT
cjal-3321	94	17	listed	list	VERB
cjal-3321	94	18	companies	company	NOUN
cjal-3321	94	19	according	accord	VERB
cjal-3321	94	20	to	to	ADP
cjal-3321	94	21	the	the	DET
cjal-3321	94	22	principles	principle	NOUN
cjal-3321	94	23	of	of	ADP
cjal-3321	94	24	the	the	DET
cjal-3321	94	25	present	present	ADJ
cjal-3321	94	26	law	law	NOUN
cjal-3321	94	27	.	.	PUNCT
cjal-3321	94	28	'	'	PUNCT
cjal-3321	95	1	"	"	PUNCT
cjal-3321	95	2	5	5	NUM
cjal-3321	95	3	it	it	PRON
cjal-3321	95	4	authorizes	authorize	VERB
cjal-3321	95	5	the	the	DET
cjal-3321	95	6	csrc	csrc	NOUN
cjal-3321	95	7	,	,	PUNCT
cjal-3321	95	8	the	the	DET
cjal-3321	95	9	securities	security	NOUN
cjal-3321	95	10	regulatory	regulatory	ADJ
cjal-3321	95	11	agency	agency	NOUN
cjal-3321	95	12	under	under	ADP
cjal-3321	95	13	the	the	DET
cjal-3321	95	14	state	state	NOUN
cjal-3321	95	15	council	council	NOUN
cjal-3321	95	16	,	,	PUNCT
cjal-3321	95	17	to	to	PART
cjal-3321	95	18	explain	explain	VERB
cjal-3321	95	19	and	and	CCONJ
cjal-3321	95	20	promulgate	promulgate	VERB
cjal-3321	95	21	specific	specific	ADJ
cjal-3321	95	22	rules	rule	NOUN
cjal-3321	95	23	pursuant	pursuant	ADJ
cjal-3321	95	24	to	to	ADP
cjal-3321	95	25	the	the	DET
cjal-3321	95	26	general	general	ADJ
cjal-3321	95	27	principles	principle	NOUN
cjal-3321	95	28	of	of	ADP
cjal-3321	95	29	the	the	DET
cjal-3321	95	30	securities	security	NOUN
cjal-3321	95	31	law	law	NOUN
cjal-3321	95	32	.	.	PUNCT
cjal-3321	95	33	'	'	PUNCT
cjal-3321	96	1	6	6	NUM
cjal-3321	96	2	in	in	ADP
cjal-3321	96	3	practice	practice	NOUN
cjal-3321	96	4	,	,	PUNCT
cjal-3321	96	5	rules	rule	NOUN
cjal-3321	96	6	promulgated	promulgate	VERB
cjal-3321	96	7	by	by	ADP
cjal-3321	96	8	the	the	DET
cjal-3321	96	9	csrc	csrc	NOUN
cjal-3321	96	10	have	have	AUX
cjal-3321	96	11	sometimes	sometimes	ADV
cjal-3321	96	12	conflicted	conflict	VERB
cjal-3321	96	13	with	with	ADP
cjal-3321	96	14	the	the	DET
cjal-3321	96	15	securities	security	NOUN
cjal-3321	96	16	law,'7	law,'7	NOUN
cjal-3321	96	17	and	and	CCONJ
cjal-3321	96	18	it	it	PRON
cjal-3321	96	19	is	be	AUX
cjal-3321	96	20	unclear	unclear	ADJ
cjal-3321	96	21	whether	whether	SCONJ
cjal-3321	96	22	the	the	DET
cjal-3321	96	23	csrc	csrc	NOUN
cjal-3321	96	24	's	's	PART
cjal-3321	96	25	explanations	explanation	NOUN
cjal-3321	96	26	are	be	AUX
cjal-3321	96	27	binding	bind	VERB
cjal-3321	96	28	over	over	ADP
cjal-3321	96	29	the	the	DET
cjal-3321	96	30	securities	security	NOUN
cjal-3321	96	31	law	law	NOUN
cjal-3321	96	32	.	.	PUNCT
cjal-3321	97	1	as	as	SCONJ
cjal-3321	97	2	these	these	DET
cjal-3321	97	3	issues	issue	NOUN
cjal-3321	97	4	are	be	AUX
cjal-3321	97	5	still	still	ADV
cjal-3321	97	6	unresolved	unresolved	ADJ
cjal-3321	97	7	,	,	PUNCT
cjal-3321	97	8	basic	basic	ADJ
cjal-3321	97	9	principles	principle	NOUN
cjal-3321	97	10	of	of	ADP
cjal-3321	97	11	the	the	DET
cjal-3321	97	12	securities	security	NOUN
cjal-3321	97	13	law	law	NOUN
cjal-3321	97	14	remain	remain	VERB
cjal-3321	97	15	elusive	elusive	ADJ
cjal-3321	97	16	.	.	PUNCT
cjal-3321	97	17	'	'	PUNCT
cjal-3321	98	1	8	8	NUM
cjal-3321	98	2	conflicting	conflict	VERB
cjal-3321	98	3	interpretations	interpretation	NOUN
cjal-3321	98	4	of	of	ADP
cjal-3321	98	5	the	the	DET
cjal-3321	98	6	securities	security	NOUN
cjal-3321	98	7	law	law	NOUN
cjal-3321	98	8	may	may	AUX
cjal-3321	98	9	lead	lead	VERB
cjal-3321	98	10	to	to	ADP
cjal-3321	98	11	starkly	starkly	ADV
cjal-3321	98	12	different	different	ADJ
cjal-3321	98	13	litigation	litigation	NOUN
cjal-3321	98	14	outcomes	outcome	NOUN
cjal-3321	98	15	.	.	PUNCT
cjal-3321	99	1	this	this	DET
cjal-3321	99	2	ambiguity	ambiguity	NOUN
cjal-3321	99	3	often	often	ADV
cjal-3321	99	4	leaves	leave	VERB
cjal-3321	99	5	judges	judge	NOUN
cjal-3321	99	6	with	with	ADP
cjal-3321	99	7	significant	significant	ADJ
cjal-3321	99	8	discretion	discretion	NOUN
cjal-3321	99	9	in	in	ADP
cjal-3321	99	10	selecting	select	VERB
cjal-3321	99	11	applicable	applicable	ADJ
cjal-3321	99	12	rules	rule	NOUN
cjal-3321	99	13	in	in	ADP
cjal-3321	99	14	securities	security	NOUN
cjal-3321	99	15	litigation	litigation	NOUN
cjal-3321	99	16	.	.	PUNCT
cjal-3321	100	1	take	take	VERB
cjal-3321	100	2	fiduciary	fiduciary	ADJ
cjal-3321	100	3	duty	duty	NOUN
cjal-3321	100	4	,	,	PUNCT
cjal-3321	100	5	an	an	DET
cjal-3321	100	6	imported	import	VERB
cjal-3321	100	7	but	but	CCONJ
cjal-3321	100	8	popular	popular	ADJ
cjal-3321	100	9	concept	concept	NOUN
cjal-3321	100	10	in	in	ADP
cjal-3321	100	11	chinese	chinese	ADJ
cjal-3321	100	12	business	business	NOUN
cjal-3321	100	13	law	law	NOUN
cjal-3321	100	14	,	,	PUNCT
cjal-3321	100	15	for	for	ADP
cjal-3321	100	16	example	example	NOUN
cjal-3321	100	17	.	.	PUNCT
cjal-3321	101	1	'9	'9	VERB
cjal-3321	101	2	the	the	DET
cjal-3321	101	3	legislature	legislature	NOUN
cjal-3321	101	4	has	have	AUX
cjal-3321	101	5	adopted	adopt	VERB
cjal-3321	101	6	this	this	DET
cjal-3321	101	7	duty	duty	NOUN
cjal-3321	101	8	not	not	PART
cjal-3321	101	9	only	only	ADV
cjal-3321	101	10	in	in	ADP
cjal-3321	101	11	corporate	corporate	ADJ
cjal-3321	101	12	law	law	NOUN
cjal-3321	101	13	but	but	CCONJ
cjal-3321	101	14	also	also	ADV
cjal-3321	101	15	in	in	ADP
cjal-3321	101	16	securities	security	NOUN
cjal-3321	101	17	law	law	NOUN
cjal-3321	101	18	and	and	CCONJ
cjal-3321	101	19	its	its	PRON
cjal-3321	101	20	related	related	ADJ
cjal-3321	101	21	measures.2	measures.2	NOUN
cjal-3321	101	22	"	"	PUNCT
cjal-3321	101	23	although	although	SCONJ
cjal-3321	101	24	the	the	DET
cjal-3321	101	25	legislature	legislature	NOUN
cjal-3321	101	26	has	have	AUX
cjal-3321	101	27	repeatedly	repeatedly	ADV
cjal-3321	101	28	incorporated	incorporate	VERB
cjal-3321	101	29	this	this	DET
cjal-3321	101	30	15	15	NUM
cjal-3321	101	31	zhengquan	zhengquan	X
cjal-3321	101	32	fa	fa	PROPN
cjal-3321	101	33	(	(	PUNCT
cjal-3321	101	34	iie	iie	NOUN
cjal-3321	101	35	'	'	PROPN
cjal-3321	101	36	i	i	NOUN
cjal-3321	101	37	)	)	PUNCT
cjal-3321	102	1	[	[	X
cjal-3321	102	2	securities	security	NOUN
cjal-3321	102	3	law	law	NOUN
cjal-3321	102	4	]	]	PUNCT
cjal-3321	102	5	(	(	PUNCT
cjal-3321	102	6	promulgated	promulgate	VERB
cjal-3321	102	7	by	by	ADP
cjal-3321	102	8	the	the	DET
cjal-3321	102	9	standing	standing	NOUN
cjal-3321	102	10	comm	comm	NOUN
cjal-3321	102	11	.	.	PUNCT
cjal-3321	103	1	nat'l	nat'l	NOUN
cjal-3321	103	2	people	people	NOUN
cjal-3321	103	3	's	's	PART
cjal-3321	103	4	cong	cong	NOUN
cjal-3321	103	5	.	.	PROPN
cjal-3321	103	6	,	,	PUNCT
cjal-3321	103	7	oct	oct	PROPN
cjal-3321	103	8	.	.	PROPN
cjal-3321	103	9	27	27	NUM
cjal-3321	103	10	,	,	PUNCT
cjal-3321	103	11	2005	2005	NUM
cjal-3321	103	12	,	,	PUNCT
cjal-3321	103	13	effective	effective	ADJ
cjal-3321	103	14	jan	jan	PROPN
cjal-3321	103	15	.	.	PROPN
cjal-3321	103	16	1	1	NUM
cjal-3321	103	17	,	,	PUNCT
cjal-3321	103	18	2oo6	2oo6	NUM
cjal-3321	103	19	)	)	PUNCT
cjal-3321	103	20	art	art	NOUN
cjal-3321	103	21	.	.	PUNCT
cjal-3321	104	1	101	101	NUM
cjal-3321	104	2	,	,	PUNCT
cjal-3321	104	3	2005	2005	NUM
cjal-3321	104	4	standing	standing	NOUN
cjal-3321	104	5	comm	comm	NOUN
cjal-3321	104	6	.	.	PUNCT
cjal-3321	105	1	nat'l	nat'l	NOUN
cjal-3321	105	2	people	people	NOUN
cjal-3321	105	3	's	's	PART
cjal-3321	105	4	cong	cong	NOUN
cjal-3321	105	5	.	.	PUNCT
cjal-3321	106	1	gaz	gaz	VERB
cjal-3321	106	2	.	.	PUNCT
cjal-3321	107	1	586	586	NUM
cjal-3321	107	2	[	[	X
cjal-3321	107	3	hereinafter	hereinafter	NOUN
cjal-3321	107	4	securities	security	NOUN
cjal-3321	107	5	law	law	NOUN
cjal-3321	107	6	]	]	PUNCT
cjal-3321	107	7	,	,	PUNCT
cjal-3321	107	8	available	available	ADJ
cjal-3321	107	9	at	at	ADP
cjal-3321	107	10	http://www.gov.cn/	http://www.gov.cn/	ADV
cjal-3321	107	11	flfg/200	flfg/200	CCONJ
cjal-3321	107	12	5	5	NUM
cjal-3321	107	13	-	-	PUNCT
cjal-3321	107	14	lo/28	lo/28	NUM
cjal-3321	107	15	/	/	SYM
cjal-3321	107	16	content_85556.htm	content_85556.htm	VERB
cjal-3321	107	17	.	.	PROPN
cjal-3321	108	1	16	16	NUM
cjal-3321	109	1	i	i	PRON
cjal-3321	109	2	d.	d.	PROPN
cjal-3321	109	3	17	17	NUM
cjal-3321	109	4	i	i	PRON
cjal-3321	109	5	d.	d.	PROPN
cjal-3321	109	6	see	see	VERB
cjal-3321	109	7	also	also	ADV
cjal-3321	109	8	measures	measure	NOUN
cjal-3321	109	9	for	for	ADP
cjal-3321	109	10	administration	administration	NOUN
cjal-3321	109	11	of	of	ADP
cjal-3321	109	12	takeovers	takeover	NOUN
cjal-3321	109	13	,	,	PUNCT
cjal-3321	109	14	supra	supra	PROPN
cjal-3321	109	15	note	note	NOUN
cjal-3321	109	16	6	6	NUM
cjal-3321	109	17	.	.	PUNCT
cjal-3321	110	1	the	the	DET
cjal-3321	110	2	most	most	ADV
cjal-3321	110	3	controversial	controversial	ADJ
cjal-3321	110	4	conflict	conflict	NOUN
cjal-3321	110	5	in	in	ADP
cjal-3321	110	6	the	the	DET
cjal-3321	110	7	takeover	takeover	NOUN
cjal-3321	110	8	context	context	NOUN
cjal-3321	110	9	is	be	AUX
cjal-3321	110	10	between	between	ADP
cjal-3321	110	11	article	article	NOUN
cjal-3321	110	12	96	96	NUM
cjal-3321	110	13	of	of	ADP
cjal-3321	110	14	the	the	DET
cjal-3321	110	15	securities	security	NOUN
cjal-3321	110	16	law	law	NOUN
cjal-3321	110	17	and	and	CCONJ
cjal-3321	110	18	article	article	NOUN
cjal-3321	110	19	47	47	NUM
cjal-3321	110	20	of	of	ADP
cjal-3321	110	21	the	the	DET
cjal-3321	110	22	measures	measure	NOUN
cjal-3321	110	23	.	.	PUNCT
cjal-3321	111	1	see	see	VERB
cjal-3321	111	2	infra	infra	NOUN
cjal-3321	111	3	part	part	NOUN
cjal-3321	111	4	l.a.2.a	l.a.2.a	PROPN
cjal-3321	111	5	.	.	PROPN
cjal-3321	111	6	8	8	NUM
cjal-3321	111	7	peng	peng	PROPN
cjal-3321	111	8	,	,	PUNCT
cjal-3321	111	9	supra	supra	PROPN
cjal-3321	111	10	note	note	PROPN
cjal-3321	111	11	4	4	NUM
cjal-3321	111	12	,	,	PUNCT
cjal-3321	111	13	at	at	ADP
cjal-3321	111	14	272	272	NUM
cjal-3321	111	15	-	-	SYM
cjal-3321	111	16	73	73	NUM
cjal-3321	111	17	.	.	PUNCT
cjal-3321	112	1	19	19	NUM
cjal-3321	112	2	see	see	VERB
cjal-3321	112	3	,	,	PUNCT
cjal-3321	112	4	e.g.	e.g.	ADV
cjal-3321	112	5	,	,	PUNCT
cjal-3321	112	6	charlie	charlie	PROPN
cjal-3321	112	7	xiao	xiao	PROPN
cjal-3321	112	8	-	-	PROPN
cjal-3321	112	9	chuan	chuan	PROPN
cjal-3321	112	10	weng	weng	PROPN
cjal-3321	112	11	,	,	PUNCT
cjal-3321	112	12	assessing	assess	VERB
cjal-3321	112	13	the	the	DET
cjal-3321	112	14	applicability	applicability	NOUN
cjal-3321	112	15	of	of	ADP
cjal-3321	112	16	the	the	DET
cjal-3321	112	17	business	business	NOUN
cjal-3321	112	18	judgment	judgment	NOUN
cjal-3321	112	19	rule	rule	NOUN
cjal-3321	112	20	and	and	CCONJ
cjal-3321	112	21	the	the	DET
cjal-3321	112	22	"	"	PUNCT
cjal-3321	112	23	defensive	defensive	ADJ
cjal-3321	112	24	"	"	PUNCT
cjal-3321	112	25	business	business	NOUN
cjal-3321	112	26	judgment	judgment	NOUN
cjal-3321	112	27	rule	rule	NOUN
cjal-3321	112	28	in	in	ADP
cjal-3321	112	29	the	the	DET
cjal-3321	112	30	chinese	chinese	ADJ
cjal-3321	112	31	judiciary	judiciary	NOUN
cjal-3321	112	32	:	:	PUNCT
cjal-3321	112	33	a	a	DET
cjal-3321	112	34	perspective	perspective	NOUN
cjal-3321	112	35	on	on	ADP
cjal-3321	112	36	takeover	takeover	NOUN
cjal-3321	112	37	case	case	NOUN
cjal-3321	112	38	adjudications	adjudication	NOUN
cjal-3321	112	39	,	,	PUNCT
cjal-3321	112	40	34	34	NUM
cjal-3321	112	41	fordham	fordham	PROPN
cjal-3321	112	42	int'l	int'l	PROPN
cjal-3321	112	43	l.j	l.j	PROPN
cjal-3321	112	44	.	.	PROPN
cjal-3321	112	45	124	124	NUM
cjal-3321	112	46	,	,	PUNCT
cjal-3321	112	47	129	129	NUM
cjal-3321	112	48	(	(	PUNCT
cjal-3321	112	49	2oio	2oio	NUM
cjal-3321	112	50	)	)	PUNCT
cjal-3321	112	51	(	(	PUNCT
cjal-3321	112	52	discussing	discuss	VERB
cjal-3321	112	53	transplantation	transplantation	NOUN
cjal-3321	112	54	of	of	ADP
cjal-3321	112	55	fiduciary	fiduciary	ADJ
cjal-3321	112	56	duty	duty	NOUN
cjal-3321	112	57	)	)	PUNCT
cjal-3321	112	58	.	.	PUNCT
cjal-3321	112	59	"	"	PUNCT
cjal-3321	113	1	see	see	VERB
cjal-3321	113	2	,	,	PUNCT
cjal-3321	113	3	e.g.	e.g.	ADV
cjal-3321	113	4	,	,	PUNCT
cjal-3321	113	5	gongsi	gongsi	PROPN
cjal-3321	113	6	fa	fa	X
cjal-3321	113	7	(	(	PUNCT
cjal-3321	113	8	,	,	PUNCT
cjal-3321	113	9	-'m	-'m	PUNCT
cjal-3321	113	10	)	)	PUNCT
cjal-3321	114	1	[	[	X
cjal-3321	114	2	company	company	NOUN
cjal-3321	114	3	law	law	NOUN
cjal-3321	114	4	]	]	PUNCT
cjal-3321	114	5	(	(	PUNCT
cjal-3321	114	6	promulgated	promulgate	VERB
cjal-3321	114	7	by	by	ADP
cjal-3321	114	8	the	the	DET
cjal-3321	114	9	standing	standing	NOUN
cjal-3321	114	10	comm	comm	NOUN
cjal-3321	114	11	.	.	PUNCT
cjal-3321	115	1	nat'l	nat'l	NOUN
cjal-3321	115	2	people	people	NOUN
cjal-3321	115	3	's	's	PART
cjal-3321	115	4	cong	cong	NOUN
cjal-3321	115	5	.	.	PUNCT
cjal-3321	115	6	,	,	PUNCT
cjal-3321	115	7	dec	dec	PROPN
cjal-3321	115	8	.	.	PROPN
cjal-3321	115	9	29	29	NUM
cjal-3321	115	10	,	,	PUNCT
cjal-3321	115	11	1993	1993	NUM
cjal-3321	115	12	,	,	PUNCT
cjal-3321	115	13	amended	amend	VERB
cjal-3321	115	14	oct	oct	PROPN
cjal-3321	115	15	.	.	PROPN
cjal-3321	115	16	27	27	NUM
cjal-3321	115	17	,	,	PUNCT
cjal-3321	115	18	2005	2005	NUM
cjal-3321	115	19	,	,	PUNCT
cjal-3321	115	20	effective	effective	ADJ
cjal-3321	115	21	jan	jan	PROPN
cjal-3321	115	22	.	.	PROPN
cjal-3321	115	23	1	1	NUM
cjal-3321	115	24	,	,	PUNCT
cjal-3321	115	25	2006	2006	NUM
cjal-3321	115	26	)	)	PUNCT
cjal-3321	115	27	art	art	NOUN
cjal-3321	115	28	.	.	PUNCT
cjal-3321	116	1	148	148	NUM
cjal-3321	116	2	,	,	PUNCT
cjal-3321	116	3	2005	2005	NUM
cjal-3321	116	4	standing	standing	NOUN
cjal-3321	116	5	comm	comm	NOUN
cjal-3321	116	6	.	.	PUNCT
cjal-3321	117	1	nat'l	nat'l	NOUN
cjal-3321	117	2	people	people	NOUN
cjal-3321	117	3	's	's	PART
cjal-3321	117	4	cong	cong	NOUN
cjal-3321	117	5	.	.	PUNCT
cjal-3321	118	1	gaz	gaz	PROPN
cjal-3321	118	2	.	.	PROPN
cjal-3321	119	1	548	548	NUM
cjal-3321	120	1	[	[	X
cjal-3321	120	2	hereinafter	hereinafter	NOUN
cjal-3321	120	3	company	company	NOUN
cjal-3321	120	4	law	law	NOUN
cjal-3321	120	5	]	]	PUNCT
cjal-3321	120	6	,	,	PUNCT
cjal-3321	120	7	available	available	ADJ
cjal-3321	120	8	at	at	ADP
cjal-3321	120	9	http://www.gov.cn/ziliao/flfg/2005-1o/28/content-8	http://www.gov.cn/ziliao/flfg/2005-1o/28/content-8	PROPN
cjal-3321	120	10	5478.htm	5478.htm	NOUN
cjal-3321	120	11	(	(	PUNCT
cjal-3321	120	12	"	"	PUNCT
cjal-3321	120	13	the	the	DET
cjal-3321	120	14	directors	director	NOUN
cjal-3321	120	15	,	,	PUNCT
cjal-3321	120	16	supervisors	supervisor	NOUN
cjal-3321	120	17	and	and	CCONJ
cjal-3321	120	18	senior	senior	ADJ
cjal-3321	120	19	managers	manager	NOUN
cjal-3321	120	20	shall	shall	AUX
cjal-3321	120	21	comply	comply	VERB
cjal-3321	120	22	with	with	ADP
cjal-3321	120	23	the	the	DET
cjal-3321	120	24	laws	law	NOUN
cjal-3321	120	25	,	,	PUNCT
cjal-3321	120	26	administrative	administrative	ADJ
cjal-3321	120	27	regulations	regulation	NOUN
cjal-3321	120	28	,	,	PUNCT
cjal-3321	120	29	and	and	CCONJ
cjal-3321	120	30	bylaw	bylaw	NOUN
cjal-3321	120	31	.	.	PUNCT
cjal-3321	121	1	they	they	PRON
cjal-3321	121	2	shall	shall	AUX
cjal-3321	121	3	bear	bear	VERB
cjal-3321	121	4	the	the	DET
cjal-3321	121	5	obligations	obligation	NOUN
cjal-3321	121	6	of	of	ADP
cjal-3321	121	7	fidelity	fidelity	NOUN
cjal-3321	121	8	and	and	CCONJ
cjal-3321	121	9	diligence	diligence	NOUN
cjal-3321	121	10	to	to	ADP
cjal-3321	121	11	the	the	DET
cjal-3321	121	12	company	company	NOUN
cjal-3321	121	13	.	.	PUNCT
cjal-3321	122	1	"	"	PUNCT
cjal-3321	122	2	)	)	PUNCT
cjal-3321	122	3	;	;	PUNCT
cjal-3321	122	4	securities	security	NOUN
cjal-3321	122	5	law	law	NOUN
cjal-3321	122	6	,	,	PUNCT
cjal-3321	122	7	supra	supra	PROPN
cjal-3321	122	8	note	note	PROPN
cjal-3321	122	9	15	15	NUM
cjal-3321	122	10	,	,	PUNCT
cjal-3321	122	11	art	art	NOUN
cjal-3321	122	12	.	.	PUNCT
cjal-3321	123	1	152	152	NUM
cjal-3321	123	2	(	(	PUNCT
cjal-3321	123	3	"	"	PUNCT
cjal-3321	123	4	where	where	SCONJ
cjal-3321	123	5	any	any	DET
cjal-3321	123	6	director	director	NOUN
cjal-3321	123	7	,	,	PUNCT
cjal-3321	123	8	supervisor	supervisor	NOUN
cjal-3321	123	9	or	or	CCONJ
cjal-3321	123	10	senior	senior	ADJ
cjal-3321	123	11	manager	manager	NOUN
cjal-3321	123	12	of	of	ADP
cjal-3321	123	13	a	a	DET
cjal-3321	123	14	securities	security	NOUN
cjal-3321	123	15	company	company	NOUN
cjal-3321	123	16	fails	fail	VERB
cjal-3321	123	17	to	to	PART
cjal-3321	123	18	fulfill	fulfill	VERB
cjal-3321	123	19	his	his	PRON
cjal-3321	123	20	fiduciary	fiduciary	ADJ
cjal-3321	123	21	duties	duty	NOUN
cjal-3321	123	22	and	and	CCONJ
cjal-3321	123	23	thus	thus	ADV
cjal-3321	123	24	incurs	incur	VERB
cjal-3321	123	25	any	any	DET
cjal-3321	123	26	major	major	ADJ
cjal-3321	123	27	irregularity	irregularity	NOUN
cjal-3321	123	28	or	or	CCONJ
cjal-3321	123	29	rule	rule	NOUN
cjal-3321	123	30	-	-	PUNCT
cjal-3321	123	31	breaking	break	VERB
cjal-3321	123	32	act	act	NOUN
cjal-3321	123	33	or	or	CCONJ
cjal-3321	123	34	major	major	ADJ
cjal-3321	123	35	risk	risk	NOUN
cjal-3321	123	36	to	to	ADP
cjal-3321	123	37	his	his	PRON
cjal-3321	123	38	securities	security	NOUN
cjal-3321	123	39	company	company	NOUN
cjal-3321	123	40	,	,	PUNCT
cjal-3321	123	41	the	the	DET
cjal-3321	123	42	securities	security	NOUN
cjal-3321	123	43	regulatory	regulatory	ADJ
cjal-3321	123	44	authority	authority	NOUN
cjal-3321	123	45	under	under	ADP
cjal-3321	123	46	the	the	DET
cjal-3321	123	47	state	state	NOUN
cjal-3321	123	48	council	council	NOUN
cjal-3321	123	49	may	may	AUX
cjal-3321	123	50	revoke	revoke	VERB
cjal-3321	123	51	the	the	DET
cjal-3321	123	52	post	post	ADJ
cjal-3321	123	53	-	-	ADJ
cjal-3321	123	54	holding	holding	ADJ
cjal-3321	123	55	qualification	qualification	NOUN
cjal-3321	123	56	thereof	thereof	ADV
cjal-3321	123	57	and	and	CCONJ
cjal-3321	123	58	order	order	VERB
cjal-3321	123	59	his	his	PRON
cjal-3321	123	60	company	company	NOUN
cjal-3321	123	61	to	to	PART
cjal-3321	123	62	remove	remove	VERB
cjal-3321	123	63	him	he	PRON
cjal-3321	123	64	from	from	ADP
cjal-3321	123	65	his	his	PRON
cjal-3321	123	66	post	post	NOUN
cjal-3321	123	67	and	and	CCONJ
cjal-3321	123	68	replace	replace	VERB
cjal-3321	123	69	him	he	PRON
cjal-3321	123	70	with	with	ADP
cjal-3321	123	71	a	a	DET
cjal-3321	123	72	new	new	ADJ
cjal-3321	123	73	one	one	NOUN
cjal-3321	123	74	.	.	PUNCT
cjal-3321	123	75	"	"	PUNCT
cjal-3321	123	76	)	)	PUNCT
cjal-3321	123	77	;	;	PUNCT
cjal-3321	123	78	measures	measure	NOUN
cjal-3321	123	79	for	for	ADP
cjal-3321	123	80	administration	administration	NOUN
cjal-3321	123	81	of	of	ADP
cjal-3321	123	82	takeovers	takeover	NOUN
cjal-3321	123	83	,	,	PUNCT
cjal-3321	123	84	supra	supra	PROPN
cjal-3321	123	85	note	note	NOUN
cjal-3321	123	86	6	6	NUM
cjal-3321	123	87	,	,	PUNCT
cjal-3321	123	88	art	art	NOUN
cjal-3321	123	89	.	.	PUNCT
cjal-3321	124	1	8	8	NUM
cjal-3321	124	2	(	(	PUNCT
cjal-3321	124	3	"	"	PUNCT
cjal-3321	124	4	the	the	DET
cjal-3321	124	5	directors	director	NOUN
cjal-3321	124	6	,	,	PUNCT
cjal-3321	124	7	supervisors	supervisor	NOUN
cjal-3321	124	8	and	and	CCONJ
cjal-3321	124	9	senior	senior	ADJ
cjal-3321	124	10	managers	manager	NOUN
cjal-3321	124	11	of	of	ADP
cjal-3321	124	12	a	a	DET
cjal-3321	124	13	target	target	NOUN
cjal-3321	124	14	company	company	NOUN
cjal-3321	124	15	shall	shall	AUX
cjal-3321	124	16	assume	assume	VERB
cjal-3321	124	17	the	the	DET
cjal-3321	124	18	obligation	obligation	NOUN
cjal-3321	124	19	of	of	ADP
cjal-3321	124	20	fidelity	fidelity	NOUN
cjal-3321	124	21	and	and	CCONJ
cjal-3321	124	22	diligence	diligence	NOUN
cjal-3321	124	23	,	,	PUNCT
cjal-3321	124	24	and	and	CCONJ
cjal-3321	124	25	shall	shall	AUX
cjal-3321	124	26	equally	equally	ADV
cjal-3321	124	27	treat	treat	VERB
cjal-3321	124	28	all	all	DET
cjal-3321	124	29	the	the	DET
cjal-3321	124	30	purchasers	purchaser	NOUN
cjal-3321	124	31	that	that	PRON
cjal-3321	124	32	intend	intend	VERB
cjal-3321	124	33	to	to	PART
cjal-3321	124	34	take	take	VERB
cjal-3321	124	35	over	over	ADP
cjal-3321	124	36	the	the	DET
cjal-3321	124	37	said	say	VERB
cjal-3321	124	38	company	company	NOUN
cjal-3321	124	39	.	.	PUNCT
cjal-3321	125	1	the	the	DET
cjal-3321	125	2	decisions	decision	NOUN
cjal-3321	125	3	made	make	VERB
cjal-3321	125	4	and	and	CCONJ
cjal-3321	125	5	the	the	DET
cjal-3321	125	6	measures	measure	NOUN
cjal-3321	125	7	taken	take	VERB
cjal-3321	125	8	by	by	ADP
cjal-3321	125	9	the	the	DET
cjal-3321	125	10	board	board	NOUN
cjal-3321	125	11	of	of	ADP
cjal-3321	125	12	directors	director	NOUN
cjal-3321	125	13	of	of	ADP
cjal-3321	125	14	a	a	DET
cjal-3321	125	15	target	target	NOUN
cjal-3321	125	16	company	company	NOUN
cjal-3321	125	17	for	for	ADP
cjal-3321	125	18	the	the	DET
cjal-3321	125	19	takeover	takeover	NOUN
cjal-3321	125	20	shall	shall	AUX
cjal-3321	125	21	be	be	AUX
cjal-3321	125	22	good	good	ADJ
cjal-3321	125	23	for	for	ADP
cjal-3321	125	24	maintaining	maintain	VERB
cjal-3321	125	25	the	the	DET
cjal-3321	125	26	rights	right	NOUN
cjal-3321	125	27	of	of	ADP
cjal-3321	125	28	the	the	DET
cjal-3321	125	29	company	company	NOUN
cjal-3321	125	30	and	and	CCONJ
cjal-3321	125	31	its	its	PRON
cjal-3321	125	32	shareholders	shareholder	NOUN
cjal-3321	125	33	,	,	PUNCT
cjal-3321	125	34	and	and	CCONJ
cjal-3321	125	35	shall	shall	AUX
cjal-3321	125	36	not	not	PART
cjal-3321	125	37	set	set	VERB
cjal-3321	125	38	any	any	DET
cjal-3321	125	39	improper	improper	ADJ
cjal-3321	125	40	obstacle	obstacle	NOUN
cjal-3321	125	41	to	to	ADP
cjal-3321	125	42	the	the	DET
cjal-3321	125	43	takeover	takeover	NOUN
cjal-3321	125	44	by	by	ADP
cjal-3321	125	45	misusing	misuse	VERB
cjal-3321	125	46	its	its	PRON
cjal-3321	125	47	authorities	authority	NOUN
cjal-3321	125	48	,	,	PUNCT
cjal-3321	125	49	nor	nor	CCONJ
cjal-3321	125	50	may	may	AUX
cjal-3321	125	51	it	it	PRON
cjal-3321	125	52	provide	provide	VERB
cjal-3321	125	53	any	any	DET
cjal-3321	125	54	means	mean	NOUN
cjal-3321	125	55	of	of	ADP
cjal-3321	125	56	financial	financial	ADJ
cjal-3321	125	57	aid	aid	NOUN
cjal-3321	125	58	to	to	ADP
cjal-3321	125	59	the	the	DET
cjal-3321	125	60	purchaser	purchaser	NOUN
cjal-3321	125	61	by	by	ADP
cjal-3321	125	62	making	make	VERB
cjal-3321	125	63	use	use	NOUN
cjal-3321	125	64	of	of	ADP
cjal-3321	125	65	the	the	DET
cjal-3321	125	66	sources	source	NOUN
cjal-3321	125	67	of	of	ADP
cjal-3321	125	68	the	the	DET
cjal-3321	125	69	target	target	NOUN
cjal-3321	125	70	company	company	NOUN
cjal-3321	125	71	or	or	CCONJ
cjal-3321	125	72	damage	damage	VERB
cjal-3321	125	73	the	the	DET
cjal-3321	125	74	lawful	lawful	ADJ
cjal-3321	125	75	rights	right	NOUN
cjal-3321	125	76	and	and	CCONJ
cjal-3321	125	77	interests	interest	NOUN
cjal-3321	125	78	of	of	ADP
cjal-3321	125	79	the	the	DET
cjal-3321	125	80	target	target	NOUN
cjal-3321	125	81	company	company	NOUN
cjal-3321	125	82	or	or	CCONJ
cjal-3321	125	83	its	its	PRON
cjal-3321	125	84	the	the	DET
cjal-3321	125	85	efficacy	efficacy	NOUN
cjal-3321	125	86	of	of	ADP
cjal-3321	125	87	chinese	chinese	ADJ
cjal-3321	125	88	takeover	takeover	NOUN
cjal-3321	125	89	laws	law	NOUN
cjal-3321	125	90	notion	notion	NOUN
cjal-3321	125	91	into	into	ADP
cjal-3321	125	92	takeover	takeover	NOUN
cjal-3321	125	93	-	-	PUNCT
cjal-3321	125	94	related	relate	VERB
cjal-3321	125	95	regulations	regulation	NOUN
cjal-3321	125	96	,	,	PUNCT
cjal-3321	125	97	most	most	ADJ
cjal-3321	125	98	of	of	ADP
cjal-3321	125	99	their	their	PRON
cjal-3321	125	100	efforts	effort	NOUN
cjal-3321	125	101	overlap	overlap	VERB
cjal-3321	125	102	and	and	CCONJ
cjal-3321	125	103	are	be	AUX
cjal-3321	125	104	too	too	ADV
cjal-3321	125	105	abstract	abstract	ADJ
cjal-3321	125	106	to	to	PART
cjal-3321	125	107	be	be	AUX
cjal-3321	125	108	applied	apply	VERB
cjal-3321	125	109	to	to	ADP
cjal-3321	125	110	fiduciary	fiduciary	ADJ
cjal-3321	125	111	duty	duty	NOUN
cjal-3321	125	112	adjudication	adjudication	NOUN
cjal-3321	125	113	with	with	ADP
cjal-3321	125	114	specificity	specificity	NOUN
cjal-3321	125	115	and	and	CCONJ
cjal-3321	125	116	precision	precision	NOUN
cjal-3321	125	117	.	.	PUNCT
cjal-3321	126	1	as	as	SCONJ
cjal-3321	126	2	discussed	discuss	VERB
cjal-3321	126	3	below	below	ADV
cjal-3321	126	4	,	,	PUNCT
cjal-3321	126	5	other	other	ADJ
cjal-3321	126	6	areas	area	NOUN
cjal-3321	126	7	of	of	ADP
cjal-3321	126	8	the	the	DET
cjal-3321	126	9	takeover	takeover	NOUN
cjal-3321	126	10	laws	law	NOUN
cjal-3321	126	11	are	be	AUX
cjal-3321	126	12	similarly	similarly	ADV
cjal-3321	126	13	plagued	plague	VERB
cjal-3321	126	14	with	with	ADP
cjal-3321	126	15	ambiguity	ambiguity	NOUN
cjal-3321	126	16	and	and	CCONJ
cjal-3321	126	17	conflicting	conflicting	ADJ
cjal-3321	126	18	interpretations	interpretation	NOUN
cjal-3321	126	19	.	.	PUNCT
cjal-3321	127	1	a.	a.	NOUN
cjal-3321	127	2	takeover	takeover	NOUN
cjal-3321	127	3	regulations	regulation	NOUN
cjal-3321	127	4	1	1	NUM
cjal-3321	127	5	.	.	PUNCT
cjal-3321	127	6	disclosure	disclosure	NOUN
cjal-3321	127	7	requirements	requirement	NOUN
cjal-3321	127	8	compliance	compliance	NOUN
cjal-3321	127	9	with	with	ADP
cjal-3321	127	10	disclosure	disclosure	NOUN
cjal-3321	127	11	and	and	CCONJ
cjal-3321	127	12	procedural	procedural	ADJ
cjal-3321	127	13	rules	rule	NOUN
cjal-3321	127	14	governing	govern	VERB
cjal-3321	127	15	tender	tender	NOUN
cjal-3321	127	16	offers	offer	NOUN
cjal-3321	127	17	is	be	AUX
cjal-3321	127	18	principally	principally	ADV
cjal-3321	127	19	regulated	regulate	VERB
cjal-3321	127	20	by	by	ADP
cjal-3321	127	21	the	the	DET
cjal-3321	127	22	csrc	csrc	NOUN
cjal-3321	127	23	.	.	PUNCT
cjal-3321	128	1	the	the	DET
cjal-3321	128	2	csrc	csrc	NOUN
cjal-3321	128	3	has	have	AUX
cjal-3321	128	4	promulgated	promulgate	VERB
cjal-3321	128	5	a	a	DET
cjal-3321	128	6	set	set	NOUN
cjal-3321	128	7	of	of	ADP
cjal-3321	128	8	onerous	onerous	ADJ
cjal-3321	128	9	and	and	CCONJ
cjal-3321	128	10	complicated	complicated	ADJ
cjal-3321	128	11	disclosure	disclosure	NOUN
cjal-3321	128	12	requirements	requirement	NOUN
cjal-3321	128	13	named	name	VERB
cjal-3321	128	14	"	"	PUNCT
cjal-3321	128	15	measures	measure	NOUN
cjal-3321	128	16	for	for	ADP
cjal-3321	128	17	the	the	DET
cjal-3321	128	18	administration	administration	NOUN
cjal-3321	128	19	of	of	ADP
cjal-3321	128	20	the	the	DET
cjal-3321	128	21	takeover	takeover	NOUN
cjal-3321	128	22	of	of	ADP
cjal-3321	128	23	listed	list	VERB
cjal-3321	128	24	companies	company	NOUN
cjal-3321	128	25	"	"	PUNCT
cjal-3321	128	26	(	(	PUNCT
cjal-3321	128	27	the	the	DET
cjal-3321	128	28	"	"	PUNCT
cjal-3321	128	29	measures	measure	NOUN
cjal-3321	128	30	"	"	PUNCT
cjal-3321	128	31	)	)	PUNCT
cjal-3321	128	32	.	.	PUNCT
cjal-3321	129	1	2	2	X
cjal-3321	129	2	'	'	PART
cjal-3321	129	3	the	the	DET
cjal-3321	129	4	most	most	ADV
cjal-3321	129	5	infamous	infamous	ADJ
cjal-3321	129	6	rule	rule	NOUN
cjal-3321	129	7	is	be	AUX
cjal-3321	129	8	the	the	DET
cjal-3321	129	9	"	"	PUNCT
cjal-3321	129	10	5	5	NUM
cjal-3321	129	11	%	%	NOUN
cjal-3321	129	12	rule	rule	NOUN
cjal-3321	129	13	,	,	PUNCT
cjal-3321	129	14	"	"	PUNCT
cjal-3321	129	15	which	which	PRON
cjal-3321	129	16	requires	require	VERB
cjal-3321	129	17	a	a	DET
cjal-3321	129	18	purchaser	purchaser	NOUN
cjal-3321	129	19	to	to	PART
cjal-3321	129	20	disclose	disclose	VERB
cjal-3321	129	21	every	every	DET
cjal-3321	129	22	5	5	NUM
cjal-3321	129	23	%	%	NOUN
cjal-3321	129	24	increase	increase	NOUN
cjal-3321	129	25	in	in	ADP
cjal-3321	129	26	its	its	PRON
cjal-3321	129	27	ownership	ownership	NOUN
cjal-3321	129	28	of	of	ADP
cjal-3321	129	29	a	a	DET
cjal-3321	129	30	company	company	NOUN
cjal-3321	129	31	's	's	PART
cjal-3321	129	32	stock	stock	NOUN
cjal-3321	129	33	when	when	SCONJ
cjal-3321	129	34	acquiring	acquire	VERB
cjal-3321	129	35	a	a	DET
cjal-3321	129	36	block	block	NOUN
cjal-3321	129	37	of	of	ADP
cjal-3321	129	38	shares	share	NOUN
cjal-3321	129	39	,	,	PUNCT
cjal-3321	129	40	whether	whether	SCONJ
cjal-3321	129	41	or	or	CCONJ
cjal-3321	129	42	not	not	PART
cjal-3321	129	43	the	the	DET
cjal-3321	129	44	acquisition	acquisition	NOUN
cjal-3321	129	45	is	be	AUX
cjal-3321	129	46	part	part	NOUN
cjal-3321	129	47	of	of	ADP
cjal-3321	129	48	a	a	DET
cjal-3321	129	49	takeover	takeover	NOUN
cjal-3321	129	50	.	.	PUNCT
cjal-3321	130	1	22	22	NUM
cjal-3321	130	2	the	the	DET
cjal-3321	130	3	shareholders	shareholder	NOUN
cjal-3321	130	4	.	.	PUNCT
cjal-3321	130	5	"	"	PUNCT
cjal-3321	130	6	)	)	PUNCT
cjal-3321	130	7	;	;	PUNCT
cjal-3321	130	8	qiye	qiye	ADJ
cjal-3321	130	9	pochan	pochan	INTJ
cjal-3321	130	10	fa	fa	INTJ
cjal-3321	130	11	(	(	PUNCT
cjal-3321	130	12	a1	a1	PROPN
cjal-3321	130	13	ak	ak	PROPN
cjal-3321	130	14	4	4	NUM
cjal-3321	130	15	t	t	PROPN
cjal-3321	130	16	'	'	PUNCT
cjal-3321	130	17	&	&	CCONJ
cjal-3321	130	18	)	)	PUNCT
cjal-3321	131	1	[	[	X
cjal-3321	131	2	enterprise	enterprise	NOUN
cjal-3321	131	3	bankruptcy	bankruptcy	NOUN
cjal-3321	131	4	law	law	NOUN
cjal-3321	131	5	]	]	PUNCT
cjal-3321	131	6	(	(	PUNCT
cjal-3321	131	7	promulgated	promulgate	VERB
cjal-3321	131	8	by	by	ADP
cjal-3321	131	9	the	the	DET
cjal-3321	131	10	standing	standing	NOUN
cjal-3321	131	11	comm	comm	NOUN
cjal-3321	131	12	.	.	PUNCT
cjal-3321	132	1	nat'l	nat'l	NOUN
cjal-3321	132	2	people	people	NOUN
cjal-3321	132	3	's	's	PART
cjal-3321	132	4	cong	cong	NOUN
cjal-3321	132	5	.	.	PUNCT
cjal-3321	132	6	,	,	PUNCT
cjal-3321	132	7	aug	aug	PROPN
cjal-3321	132	8	27	27	NUM
cjal-3321	132	9	,	,	PUNCT
cjal-3321	132	10	2o06	2o06	NUM
cjal-3321	132	11	,	,	PUNCT
cjal-3321	132	12	effective	effective	ADJ
cjal-3321	132	13	june	june	PROPN
cjal-3321	132	14	1	1	NUM
cjal-3321	132	15	,	,	PUNCT
cjal-3321	132	16	2007	2007	NUM
cjal-3321	132	17	)	)	PUNCT
cjal-3321	132	18	art	art	NOUN
cjal-3321	132	19	.	.	PUNCT
cjal-3321	133	1	27	27	NUM
cjal-3321	133	2	,	,	PUNCT
cjal-3321	133	3	2oo6	2oo6	NUM
cjal-3321	133	4	standing	stand	VERB
cjal-3321	133	5	comm	comm	NOUN
cjal-3321	133	6	.	.	PUNCT
cjal-3321	134	1	nat'l	nat'l	NOUN
cjal-3321	134	2	people	people	NOUN
cjal-3321	134	3	's	's	PART
cjal-3321	134	4	cong	cong	NOUN
cjal-3321	134	5	.	.	PUNCT
cjal-3321	135	1	gaz	gaz	PROPN
cjal-3321	135	2	.	.	PROPN
cjal-3321	136	1	561	561	NUM
cjal-3321	136	2	,	,	PUNCT
cjal-3321	136	3	available	available	ADJ
cjal-3321	136	4	at	at	ADP
cjal-3321	136	5	http://www.lawinfochina.com/display.aspx?id=5425&lib=law	http://www.lawinfochina.com/display.aspx?id=5425&lib=law	PROPN
cjal-3321	136	6	(	(	PUNCT
cjal-3321	136	7	"	"	PUNCT
cjal-3321	136	8	a	a	DET
cjal-3321	136	9	bankruptcy	bankruptcy	NOUN
cjal-3321	136	10	administrator	administrator	NOUN
cjal-3321	136	11	shall	shall	AUX
cjal-3321	136	12	be	be	AUX
cjal-3321	136	13	diligent	diligent	ADJ
cjal-3321	136	14	and	and	CCONJ
cjal-3321	136	15	dutiful	dutiful	ADJ
cjal-3321	136	16	,	,	PUNCT
cjal-3321	136	17	and	and	CCONJ
cjal-3321	136	18	shall	shall	AUX
cjal-3321	136	19	faithfully	faithfully	ADV
cjal-3321	136	20	perform	perform	VERB
cjal-3321	136	21	its	its	PRON
cjal-3321	136	22	duties	duty	NOUN
cjal-3321	136	23	as	as	ADV
cjal-3321	136	24	well	well	ADV
cjal-3321	136	25	.	.	PUNCT
cjal-3321	137	1	"	"	PUNCT
cjal-3321	137	2	)	)	PUNCT
cjal-3321	137	3	.	.	PUNCT
cjal-3321	138	1	2	2	NUM
cjal-3321	138	2	,	,	PUNCT
cjal-3321	138	3	see	see	VERB
cjal-3321	138	4	measures	measure	NOUN
cjal-3321	138	5	for	for	ADP
cjal-3321	138	6	administration	administration	NOUN
cjal-3321	138	7	of	of	ADP
cjal-3321	138	8	takeovers	takeover	NOUN
cjal-3321	138	9	,	,	PUNCT
cjal-3321	138	10	supra	supra	PROPN
cjal-3321	138	11	note	note	NOUN
cjal-3321	138	12	6	6	NUM
cjal-3321	138	13	.	.	PUNCT
cjal-3321	139	1	article	article	NOUN
cjal-3321	139	2	86	86	NUM
cjal-3321	139	3	of	of	ADP
cjal-3321	139	4	the	the	DET
cjal-3321	139	5	securities	security	NOUN
cjal-3321	139	6	law	law	NOUN
cjal-3321	139	7	states	state	NOUN
cjal-3321	139	8	:	:	PUNCT
cjal-3321	139	9	when	when	SCONJ
cjal-3321	139	10	an	an	DET
cjal-3321	139	11	investor	investor	NOUN
cjal-3321	139	12	,	,	PUNCT
cjal-3321	139	13	through	through	ADP
cjal-3321	139	14	securities	security	NOUN
cjal-3321	139	15	trading	trading	NOUN
cjal-3321	139	16	at	at	ADP
cjal-3321	139	17	a	a	DET
cjal-3321	139	18	stock	stock	NOUN
cjal-3321	139	19	exchange	exchange	NOUN
cjal-3321	139	20	,	,	PUNCT
cjal-3321	139	21	comes	come	VERB
cjal-3321	139	22	to	to	PART
cjal-3321	139	23	hold	hold	VERB
cjal-3321	139	24	individually	individually	ADV
cjal-3321	139	25	or	or	CCONJ
cjal-3321	139	26	with	with	ADP
cjal-3321	139	27	any	any	DET
cjal-3321	139	28	other	other	ADJ
cjal-3321	139	29	person	person	NOUN
cjal-3321	139	30	5	5	NUM
cjal-3321	139	31	%	%	NOUN
cjal-3321	139	32	of	of	ADP
cjal-3321	139	33	the	the	DET
cjal-3321	139	34	shares	share	NOUN
cjal-3321	139	35	as	as	SCONJ
cjal-3321	139	36	issued	issue	VERB
cjal-3321	139	37	by	by	ADP
cjal-3321	139	38	a	a	DET
cjal-3321	139	39	listed	list	VERB
cjal-3321	139	40	company	company	NOUN
cjal-3321	139	41	by	by	ADP
cjal-3321	139	42	means	mean	NOUN
cjal-3321	139	43	of	of	ADP
cjal-3321	139	44	agreement	agreement	NOUN
cjal-3321	139	45	or	or	CCONJ
cjal-3321	139	46	any	any	DET
cjal-3321	139	47	other	other	ADJ
cjal-3321	139	48	arrangement	arrangement	NOUN
cjal-3321	139	49	,	,	PUNCT
cjal-3321	139	50	the	the	DET
cjal-3321	139	51	investor	investor	NOUN
cjal-3321	139	52	shall	shall	AUX
cjal-3321	139	53	,	,	PUNCT
cjal-3321	139	54	within	within	ADP
cjal-3321	139	55	three	three	NUM
cjal-3321	139	56	days	day	NOUN
cjal-3321	139	57	as	as	ADP
cjal-3321	139	58	of	of	ADP
cjal-3321	139	59	the	the	DET
cjal-3321	139	60	date	date	NOUN
cjal-3321	139	61	when	when	SCONJ
cjal-3321	139	62	such	such	ADJ
cjal-3321	139	63	shareholding	shareholding	NOUN
cjal-3321	139	64	becomes	become	VERB
cjal-3321	139	65	a	a	DET
cjal-3321	139	66	fact	fact	NOUN
cjal-3321	139	67	,	,	PUNCT
cjal-3321	139	68	submit	submit	VERB
cjal-3321	139	69	a	a	DET
cjal-3321	139	70	written	write	VERB
cjal-3321	139	71	report	report	NOUN
cjal-3321	139	72	to	to	ADP
cjal-3321	139	73	the	the	DET
cjal-3321	139	74	securities	security	NOUN
cjal-3321	139	75	regulatory	regulatory	ADJ
cjal-3321	139	76	authority	authority	NOUN
cjal-3321	139	77	under	under	ADP
cjal-3321	139	78	the	the	DET
cjal-3321	139	79	state	state	NOUN
cjal-3321	139	80	council	council	NOUN
cjal-3321	139	81	and	and	CCONJ
cjal-3321	139	82	the	the	DET
cjal-3321	139	83	stock	stock	NOUN
cjal-3321	139	84	exchange	exchange	NOUN
cjal-3321	139	85	,	,	PUNCT
cjal-3321	139	86	notify	notify	VERB
cjal-3321	139	87	the	the	DET
cjal-3321	139	88	relevant	relevant	ADJ
cjal-3321	139	89	listed	list	VERB
cjal-3321	139	90	company	company	NOUN
cjal-3321	139	91	and	and	CCONJ
cjal-3321	139	92	announce	announce	VERB
cjal-3321	139	93	the	the	DET
cjal-3321	139	94	fact	fact	NOUN
cjal-3321	139	95	to	to	ADP
cjal-3321	139	96	the	the	DET
cjal-3321	139	97	general	general	ADJ
cjal-3321	139	98	public	public	NOUN
cjal-3321	139	99	.	.	PUNCT
cjal-3321	140	1	within	within	ADP
cjal-3321	140	2	the	the	DET
cjal-3321	140	3	aforesaid	aforesaid	ADJ
cjal-3321	140	4	prescribed	prescribe	VERB
cjal-3321	140	5	period	period	NOUN
cjal-3321	140	6	,	,	PUNCT
cjal-3321	140	7	the	the	DET
cjal-3321	140	8	investor	investor	NOUN
cjal-3321	140	9	may	may	AUX
cjal-3321	140	10	not	not	PART
cjal-3321	140	11	purchase	purchase	VERB
cjal-3321	140	12	or	or	CCONJ
cjal-3321	140	13	sell	sell	VERB
cjal-3321	140	14	any	any	DET
cjal-3321	140	15	more	more	ADJ
cjal-3321	140	16	shares	share	NOUN
cjal-3321	140	17	of	of	ADP
cjal-3321	140	18	the	the	DET
cjal-3321	140	19	listed	list	VERB
cjal-3321	140	20	company	company	NOUN
cjal-3321	140	21	.	.	PUNCT
cjal-3321	141	1	once	once	ADV
cjal-3321	141	2	an	an	DET
cjal-3321	141	3	investor	investor	NOUN
cjal-3321	141	4	holds	hold	VERB
cjal-3321	141	5	individually	individually	ADV
cjal-3321	141	6	or	or	CCONJ
cjal-3321	141	7	with	with	ADP
cjal-3321	141	8	any	any	DET
cjal-3321	141	9	other	other	ADJ
cjal-3321	141	10	person	person	NOUN
cjal-3321	141	11	5	5	NUM
cjal-3321	141	12	%	%	NOUN
cjal-3321	141	13	of	of	ADP
cjal-3321	141	14	the	the	DET
cjal-3321	141	15	shares	share	NOUN
cjal-3321	141	16	as	as	SCONJ
cjal-3321	141	17	issued	issue	VERB
cjal-3321	141	18	by	by	ADP
cjal-3321	141	19	a	a	DET
cjal-3321	141	20	listed	list	VERB
cjal-3321	141	21	company	company	NOUN
cjal-3321	141	22	by	by	ADP
cjal-3321	141	23	means	mean	NOUN
cjal-3321	141	24	of	of	ADP
cjal-3321	141	25	agreement	agreement	NOUN
cjal-3321	141	26	or	or	CCONJ
cjal-3321	141	27	any	any	DET
cjal-3321	141	28	other	other	ADJ
cjal-3321	141	29	arrangement	arrangement	NOUN
cjal-3321	141	30	,	,	PUNCT
cjal-3321	141	31	he	he	PRON
cjal-3321	141	32	shall	shall	AUX
cjal-3321	141	33	,	,	PUNCT
cjal-3321	141	34	pursuant	pursuant	ADJ
cjal-3321	141	35	to	to	ADP
cjal-3321	141	36	the	the	DET
cjal-3321	141	37	provisions	provision	NOUN
cjal-3321	141	38	of	of	ADP
cjal-3321	141	39	the	the	DET
cjal-3321	141	40	preceding	precede	VERB
cjal-3321	141	41	paragraph	paragraph	NOUN
cjal-3321	141	42	herein	herein	NOUN
cjal-3321	141	43	,	,	PUNCT
cjal-3321	141	44	make	make	VERB
cjal-3321	141	45	a	a	DET
cjal-3321	141	46	report	report	NOUN
cjal-3321	141	47	and	and	CCONJ
cjal-3321	141	48	announcement	announcement	NOUN
cjal-3321	141	49	for	for	ADP
cjal-3321	141	50	each	each	DET
cjal-3321	141	51	5	5	NUM
cjal-3321	141	52	%	%	NOUN
cjal-3321	141	53	increase	increase	NOUN
cjal-3321	141	54	or	or	CCONJ
cjal-3321	141	55	decrease	decrease	NOUN
cjal-3321	141	56	in	in	ADP
cjal-3321	141	57	the	the	DET
cjal-3321	141	58	proportion	proportion	NOUN
cjal-3321	141	59	of	of	ADP
cjal-3321	141	60	the	the	DET
cjal-3321	141	61	issued	issue	VERB
cjal-3321	141	62	shares	share	NOUN
cjal-3321	141	63	of	of	ADP
cjal-3321	141	64	the	the	DET
cjal-3321	141	65	said	say	VERB
cjal-3321	141	66	company	company	NOUN
cjal-3321	141	67	he	he	PRON
cjal-3321	141	68	holds	hold	VERB
cjal-3321	141	69	through	through	ADP
cjal-3321	141	70	securities	security	NOUN
cjal-3321	141	71	trading	trading	NOUN
cjal-3321	141	72	at	at	ADP
cjal-3321	141	73	the	the	DET
cjal-3321	141	74	stock	stock	NOUN
cjal-3321	141	75	exchange	exchange	NOUN
cjal-3321	141	76	.	.	PUNCT
cjal-3321	142	1	within	within	ADP
cjal-3321	142	2	the	the	DET
cjal-3321	142	3	reporting	reporting	NOUN
cjal-3321	142	4	period	period	NOUN
cjal-3321	142	5	as	as	ADV
cjal-3321	142	6	well	well	ADV
cjal-3321	142	7	as	as	ADP
cjal-3321	142	8	two	two	NUM
cjal-3321	142	9	days	day	NOUN
cjal-3321	142	10	after	after	ADP
cjal-3321	142	11	the	the	DET
cjal-3321	142	12	relevant	relevant	ADJ
cjal-3321	142	13	the	the	DET
cjal-3321	142	14	report	report	NOUN
cjal-3321	142	15	and	and	CCONJ
cjal-3321	142	16	announcement	announcement	NOUN
cjal-3321	142	17	are	be	AUX
cjal-3321	142	18	made	make	VERB
cjal-3321	142	19	,	,	PUNCT
cjal-3321	142	20	the	the	DET
cjal-3321	142	21	investor	investor	NOUN
cjal-3321	142	22	may	may	AUX
cjal-3321	142	23	not	not	PART
cjal-3321	142	24	purchase	purchase	VERB
cjal-3321	142	25	or	or	CCONJ
cjal-3321	142	26	sell	sell	VERB
cjal-3321	142	27	any	any	DET
cjal-3321	142	28	more	more	ADJ
cjal-3321	142	29	shares	share	NOUN
cjal-3321	142	30	of	of	ADP
cjal-3321	142	31	the	the	DET
cjal-3321	142	32	listed	list	VERB
cjal-3321	142	33	company	company	NOUN
cjal-3321	142	34	.	.	PUNCT
cjal-3321	143	1	securities	security	NOUN
cjal-3321	143	2	law	law	PROPN
cjal-3321	143	3	,	,	PUNCT
cjal-3321	143	4	supra	supra	PROPN
cjal-3321	143	5	note	note	PROPN
cjal-3321	143	6	15	15	NUM
cjal-3321	143	7	,	,	PUNCT
cjal-3321	143	8	art	art	NOUN
cjal-3321	143	9	.	.	PUNCT
cjal-3321	144	1	86	86	NUM
cjal-3321	144	2	.	.	PUNCT
cjal-3321	145	1	columbia	columbia	PROPN
cjal-3321	145	2	journal	journal	PROPN
cjal-3321	145	3	ofasian	ofasian	ADJ
cjal-3321	145	4	law	law	NOUN
cjal-3321	145	5	,	,	PUNCT
cjal-3321	145	6	vol	vol	NOUN
cjal-3321	145	7	.	.	PROPN
cjal-3321	145	8	25	25	NUM
cjal-3321	145	9	,	,	PUNCT
cjal-3321	145	10	no	no	INTJ
cjal-3321	145	11	.	.	NOUN
cjal-3321	145	12	2	2	NUM
cjal-3321	145	13	(	(	PUNCT
cjal-3321	145	14	2012	2012	NUM
cjal-3321	145	15	)	)	PUNCT
cjal-3321	145	16	main	main	ADJ
cjal-3321	145	17	purpose	purpose	NOUN
cjal-3321	145	18	of	of	ADP
cjal-3321	145	19	the	the	DET
cjal-3321	145	20	rule	rule	NOUN
cjal-3321	145	21	is	be	AUX
cjal-3321	145	22	to	to	PART
cjal-3321	145	23	raise	raise	VERB
cjal-3321	145	24	a	a	DET
cjal-3321	145	25	red	red	ADJ
cjal-3321	145	26	flag	flag	NOUN
cjal-3321	145	27	and	and	CCONJ
cjal-3321	145	28	inform	inform	VERB
cjal-3321	145	29	the	the	DET
cjal-3321	145	30	market	market	NOUN
cjal-3321	145	31	that	that	SCONJ
cjal-3321	145	32	there	there	PRON
cjal-3321	145	33	is	be	VERB
cjal-3321	145	34	an	an	DET
cjal-3321	145	35	active	active	ADJ
cjal-3321	145	36	potential	potential	NOUN
cjal-3321	145	37	bidder.2	bidder.2	NOUN
cjal-3321	145	38	3	3	NUM
cjal-3321	145	39	the	the	DET
cjal-3321	145	40	implementation	implementation	NOUN
cjal-3321	145	41	of	of	ADP
cjal-3321	145	42	this	this	DET
cjal-3321	145	43	disclosure	disclosure	NOUN
cjal-3321	145	44	requirement	requirement	NOUN
cjal-3321	145	45	varies	vary	VERB
cjal-3321	145	46	depending	depend	VERB
cjal-3321	145	47	on	on	ADP
cjal-3321	145	48	whether	whether	SCONJ
cjal-3321	145	49	the	the	DET
cjal-3321	145	50	purchaser	purchaser	NOUN
cjal-3321	145	51	buys	buy	VERB
cjal-3321	145	52	shares	share	NOUN
cjal-3321	145	53	in	in	ADP
cjal-3321	145	54	the	the	DET
cjal-3321	145	55	open	open	ADJ
cjal-3321	145	56	market	market	NOUN
cjal-3321	145	57	or	or	CCONJ
cjal-3321	145	58	through	through	ADP
cjal-3321	145	59	a	a	DET
cjal-3321	145	60	private	private	ADJ
cjal-3321	145	61	agreement	agreement	NOUN
cjal-3321	145	62	.	.	PUNCT
cjal-3321	146	1	under	under	ADP
cjal-3321	146	2	article	article	NOUN
cjal-3321	146	3	86	86	NUM
cjal-3321	146	4	of	of	ADP
cjal-3321	146	5	the	the	DET
cjal-3321	146	6	securities	security	NOUN
cjal-3321	146	7	law	law	NOUN
cjal-3321	146	8	and	and	CCONJ
cjal-3321	146	9	article	article	NOUN
cjal-3321	146	10	13	13	NUM
cjal-3321	146	11	of	of	ADP
cjal-3321	146	12	the	the	DET
cjal-3321	146	13	measures,24	measures,24	NOUN
cjal-3321	146	14	a	a	DET
cjal-3321	146	15	purchaser	purchaser	NOUN
cjal-3321	146	16	in	in	ADP
cjal-3321	146	17	the	the	DET
cjal-3321	146	18	open	open	ADJ
cjal-3321	146	19	market	market	NOUN
cjal-3321	146	20	is	be	AUX
cjal-3321	146	21	required	require	VERB
cjal-3321	146	22	to	to	PART
cjal-3321	146	23	report	report	VERB
cjal-3321	146	24	and	and	CCONJ
cjal-3321	146	25	stop	stop	VERB
cjal-3321	146	26	buying	buy	VERB
cjal-3321	146	27	additional	additional	ADJ
cjal-3321	146	28	shares	share	NOUN
cjal-3321	146	29	from	from	ADP
cjal-3321	146	30	the	the	DET
cjal-3321	146	31	exchange	exchange	NOUN
cjal-3321	146	32	once	once	SCONJ
cjal-3321	146	33	it	it	PRON
cjal-3321	146	34	has	have	AUX
cjal-3321	146	35	acquired	acquire	VERB
cjal-3321	146	36	5	5	NUM
cjal-3321	146	37	%	%	NOUN
cjal-3321	146	38	of	of	ADP
cjal-3321	146	39	the	the	DET
cjal-3321	146	40	target	target	NOUN
cjal-3321	146	41	company	company	NOUN
cjal-3321	146	42	's	's	PART
cjal-3321	146	43	stock	stock	NOUN
cjal-3321	146	44	.	.	PUNCT
cjal-3321	147	1	the	the	DET
cjal-3321	147	2	purchaser	purchaser	NOUN
cjal-3321	147	3	must	must	AUX
cjal-3321	147	4	report	report	VERB
cjal-3321	147	5	its	its	PRON
cjal-3321	147	6	stockholding	stockholding	NOUN
cjal-3321	147	7	to	to	ADP
cjal-3321	147	8	the	the	DET
cjal-3321	147	9	csrc	csrc	NOUN
cjal-3321	147	10	and	and	CCONJ
cjal-3321	147	11	immediately	immediately	ADV
cjal-3321	147	12	disclose	disclose	VERB
cjal-3321	147	13	this	this	DET
cjal-3321	147	14	information	information	NOUN
cjal-3321	147	15	to	to	ADP
cjal-3321	147	16	the	the	DET
cjal-3321	147	17	market	market	NOUN
cjal-3321	147	18	.	.	PUNCT
cjal-3321	148	1	additionally	additionally	ADV
cjal-3321	148	2	,	,	PUNCT
cjal-3321	148	3	the	the	DET
cjal-3321	148	4	purchaser	purchaser	NOUN
cjal-3321	148	5	may	may	AUX
cjal-3321	148	6	not	not	PART
cjal-3321	148	7	buy	buy	VERB
cjal-3321	148	8	any	any	DET
cjal-3321	148	9	additional	additional	ADJ
cjal-3321	148	10	shares	share	NOUN
cjal-3321	148	11	within	within	ADP
cjal-3321	148	12	three	three	NUM
cjal-3321	148	13	days	day	NOUN
cjal-3321	148	14	of	of	ADP
cjal-3321	148	15	the	the	DET
cjal-3321	148	16	disclosure	disclosure	NOUN
cjal-3321	148	17	.	.	PUNCT
cjal-3321	149	1	for	for	ADP
cjal-3321	149	2	each	each	DET
cjal-3321	149	3	subsequent	subsequent	ADJ
cjal-3321	149	4	5	5	NUM
cjal-3321	149	5	%	%	NOUN
cjal-3321	149	6	increase	increase	NOUN
cjal-3321	149	7	or	or	CCONJ
cjal-3321	149	8	decrease	decrease	NOUN
cjal-3321	149	9	in	in	ADP
cjal-3321	149	10	its	its	PRON
cjal-3321	149	11	ownership	ownership	NOUN
cjal-3321	149	12	of	of	ADP
cjal-3321	149	13	the	the	DET
cjal-3321	149	14	company	company	NOUN
cjal-3321	149	15	's	's	PART
cjal-3321	149	16	outstanding	outstanding	ADJ
cjal-3321	149	17	shares	share	NOUN
cjal-3321	149	18	,	,	PUNCT
cjal-3321	149	19	the	the	DET
cjal-3321	149	20	purchaser	purchaser	NOUN
cjal-3321	149	21	is	be	AUX
cjal-3321	149	22	prohibited	prohibit	VERB
cjal-3321	149	23	from	from	ADP
cjal-3321	149	24	buying	buy	VERB
cjal-3321	149	25	or	or	CCONJ
cjal-3321	149	26	selling	sell	VERB
cjal-3321	149	27	shares	share	NOUN
cjal-3321	149	28	within	within	ADP
cjal-3321	149	29	two	two	NUM
cjal-3321	149	30	days	day	NOUN
cjal-3321	149	31	after	after	ADP
cjal-3321	149	32	the	the	DET
cjal-3321	149	33	disclosure	disclosure	NOUN
cjal-3321	149	34	.	.	PUNCT
cjal-3321	150	1	in	in	ADP
cjal-3321	150	2	other	other	ADJ
cjal-3321	150	3	words	word	NOUN
cjal-3321	150	4	,	,	PUNCT
cjal-3321	150	5	a	a	DET
cjal-3321	150	6	purchaser	purchaser	NOUN
cjal-3321	150	7	must	must	AUX
cjal-3321	150	8	stop	stop	VERB
cjal-3321	150	9	and	and	CCONJ
cjal-3321	150	10	disclose	disclose	VERB
cjal-3321	150	11	its	its	PRON
cjal-3321	150	12	purchase	purchase	NOUN
cjal-3321	150	13	activities	activity	NOUN
cjal-3321	150	14	when	when	SCONJ
cjal-3321	150	15	reaching	reach	VERB
cjal-3321	150	16	5	5	NUM
cjal-3321	150	17	%	%	NOUN
cjal-3321	150	18	,	,	PUNCT
cjal-3321	150	19	1o%	1o%	NUM
cjal-3321	150	20	,	,	PUNCT
cjal-3321	150	21	15	15	NUM
cjal-3321	150	22	%	%	NOUN
cjal-3321	150	23	,	,	PUNCT
cjal-3321	150	24	20	20	NUM
cjal-3321	150	25	%	%	NOUN
cjal-3321	150	26	,	,	PUNCT
cjal-3321	150	27	25	25	NUM
cjal-3321	150	28	%	%	NOUN
cjal-3321	150	29	,	,	PUNCT
cjal-3321	150	30	and	and	CCONJ
cjal-3321	150	31	30	30	NUM
cjal-3321	150	32	%	%	NOUN
cjal-3321	150	33	stockholding	stockholde	VERB
cjal-3321	150	34	marks.2	marks.2	PROPN
cjal-3321	150	35	5	5	NUM
cjal-3321	150	36	in	in	ADP
cjal-3321	150	37	contrast	contrast	NOUN
cjal-3321	150	38	,	,	PUNCT
cjal-3321	150	39	the	the	DET
cjal-3321	150	40	statutory	statutory	ADJ
cjal-3321	150	41	language	language	NOUN
cjal-3321	150	42	on	on	ADP
cjal-3321	150	43	disclosure	disclosure	NOUN
cjal-3321	150	44	requirements	requirement	NOUN
cjal-3321	150	45	in	in	ADP
cjal-3321	150	46	a	a	DET
cjal-3321	150	47	private	private	ADJ
cjal-3321	150	48	purchase	purchase	NOUN
cjal-3321	150	49	suggests	suggest	VERB
cjal-3321	150	50	that	that	SCONJ
cjal-3321	150	51	only	only	ADV
cjal-3321	150	52	one	one	NUM
cjal-3321	150	53	disclosure	disclosure	NOUN
cjal-3321	150	54	is	be	AUX
cjal-3321	150	55	required	require	VERB
cjal-3321	150	56	.	.	PUNCT
cjal-3321	151	1	the	the	DET
cjal-3321	151	2	first	first	ADJ
cjal-3321	151	3	paragraph	paragraph	NOUN
cjal-3321	151	4	of	of	ADP
cjal-3321	151	5	article	article	NOUN
cjal-3321	151	6	14	14	NUM
cjal-3321	151	7	of	of	ADP
cjal-3321	151	8	the	the	DET
cjal-3321	151	9	measures	measure	NOUN
cjal-3321	151	10	stipulates	stipulate	VERB
cjal-3321	151	11	:	:	PUNCT
cjal-3321	151	12	if	if	SCONJ
cjal-3321	151	13	the	the	DET
cjal-3321	151	14	shares	share	NOUN
cjal-3321	151	15	whose	whose	DET
cjal-3321	151	16	entitlements	entitlement	NOUN
cjal-3321	151	17	are	be	AUX
cjal-3321	151	18	held	hold	VERB
cjal-3321	151	19	by	by	ADP
cjal-3321	151	20	an	an	DET
cjal-3321	151	21	investor	investor	NOUN
cjal-3321	151	22	and	and	CCONJ
cjal-3321	151	23	its	its	PRON
cjal-3321	151	24	concerted	concerted	ADJ
cjal-3321	151	25	parties	party	NOUN
cjal-3321	151	26	reach	reach	VERB
cjal-3321	151	27	or	or	CCONJ
cjal-3321	151	28	exceed	exceed	VERB
cjal-3321	151	29	5	5	NUM
cjal-3321	151	30	%	%	NOUN
cjal-3321	151	31	of	of	ADP
cjal-3321	151	32	the	the	DET
cjal-3321	151	33	issued	issue	VERB
cjal-3321	151	34	shares	share	NOUN
cjal-3321	151	35	23	23	NUM
cjal-3321	151	36	peng	peng	PROPN
cjal-3321	151	37	,	,	PUNCT
cjal-3321	151	38	supra	supra	PROPN
cjal-3321	151	39	note	note	PROPN
cjal-3321	151	40	4	4	NUM
cjal-3321	151	41	,	,	PUNCT
cjal-3321	151	42	at	at	ADP
cjal-3321	151	43	269	269	NUM
cjal-3321	151	44	.	.	NOUN
cjal-3321	151	45	24	24	NUM
cjal-3321	151	46	measures	measure	NOUN
cjal-3321	151	47	for	for	ADP
cjal-3321	151	48	administration	administration	NOUN
cjal-3321	151	49	of	of	ADP
cjal-3321	151	50	takeovers	takeover	NOUN
cjal-3321	151	51	,	,	PUNCT
cjal-3321	151	52	supra	supra	PROPN
cjal-3321	151	53	note	note	NOUN
cjal-3321	151	54	6	6	NUM
cjal-3321	151	55	,	,	PUNCT
cjal-3321	151	56	arts	art	NOUN
cjal-3321	151	57	.	.	PUNCT
cjal-3321	152	1	13	13	NUM
cjal-3321	152	2	-	-	SYM
cjal-3321	152	3	14	14	NUM
cjal-3321	152	4	;	;	PUNCT
cjal-3321	152	5	securities	security	NOUN
cjal-3321	152	6	law	law	NOUN
cjal-3321	152	7	,	,	PUNCT
cjal-3321	152	8	supra	supra	PROPN
cjal-3321	152	9	note	note	PROPN
cjal-3321	152	10	15	15	NUM
cjal-3321	152	11	,	,	PUNCT
cjal-3321	152	12	art	art	NOUN
cjal-3321	152	13	.	.	PUNCT
cjal-3321	153	1	86	86	NUM
cjal-3321	153	2	.	.	PUNCT
cjal-3321	154	1	articles	article	NOUN
cjal-3321	154	2	13	13	NUM
cjal-3321	154	3	and	and	CCONJ
cjal-3321	154	4	14	14	NUM
cjal-3321	154	5	of	of	ADP
cjal-3321	154	6	the	the	DET
cjal-3321	154	7	measures	measure	NOUN
cjal-3321	154	8	are	be	AUX
cjal-3321	154	9	elaborations	elaboration	NOUN
cjal-3321	154	10	of	of	ADP
cjal-3321	154	11	article	article	NOUN
cjal-3321	154	12	86	86	NUM
cjal-3321	154	13	of	of	ADP
cjal-3321	154	14	the	the	DET
cjal-3321	154	15	securities	security	NOUN
cjal-3321	154	16	law	law	NOUN
cjal-3321	154	17	.	.	PUNCT
cjal-3321	155	1	article	article	NOUN
cjal-3321	155	2	13	13	NUM
cjal-3321	155	3	of	of	ADP
cjal-3321	155	4	the	the	DET
cjal-3321	155	5	measures	measure	NOUN
cjal-3321	155	6	concerns	concern	VERB
cjal-3321	155	7	the	the	DET
cjal-3321	155	8	disclosure	disclosure	NOUN
cjal-3321	155	9	requirement	requirement	NOUN
cjal-3321	155	10	when	when	SCONJ
cjal-3321	155	11	takeover	takeover	NOUN
cjal-3321	155	12	occurs	occur	VERB
cjal-3321	155	13	through	through	ADP
cjal-3321	155	14	the	the	DET
cjal-3321	155	15	open	open	ADJ
cjal-3321	155	16	market	market	NOUN
cjal-3321	155	17	operation	operation	NOUN
cjal-3321	155	18	.	.	PUNCT
cjal-3321	156	1	it	it	PRON
cjal-3321	156	2	provides	provide	VERB
cjal-3321	156	3	:	:	PUNCT
cjal-3321	156	4	if	if	SCONJ
cjal-3321	156	5	the	the	DET
cjal-3321	156	6	shares	share	NOUN
cjal-3321	156	7	whose	whose	DET
cjal-3321	156	8	entitlements	entitlement	NOUN
cjal-3321	156	9	are	be	AUX
cjal-3321	156	10	held	hold	VERB
cjal-3321	156	11	by	by	ADP
cjal-3321	156	12	an	an	DET
cjal-3321	156	13	investor	investor	NOUN
cjal-3321	156	14	and	and	CCONJ
cjal-3321	156	15	its	its	PRON
cjal-3321	156	16	concerted	concerted	ADJ
cjal-3321	156	17	parties	party	NOUN
cjal-3321	156	18	reach	reach	VERB
cjal-3321	156	19	5	5	NUM
cjal-3321	156	20	%	%	NOUN
cjal-3321	156	21	of	of	ADP
cjal-3321	156	22	the	the	DET
cjal-3321	156	23	issued	issue	VERB
cjal-3321	156	24	shares	share	NOUN
cjal-3321	156	25	of	of	ADP
cjal-3321	156	26	a	a	DET
cjal-3321	156	27	listed	list	VERB
cjal-3321	156	28	company	company	NOUN
cjal-3321	156	29	through	through	ADP
cjal-3321	156	30	the	the	DET
cjal-3321	156	31	securities	security	NOUN
cjal-3321	156	32	transactions	transaction	NOUN
cjal-3321	156	33	at	at	ADP
cjal-3321	156	34	the	the	DET
cjal-3321	156	35	stock	stock	NOUN
cjal-3321	156	36	exchange	exchange	NOUN
cjal-3321	156	37	,	,	PUNCT
cjal-3321	156	38	they	they	PRON
cjal-3321	156	39	shall	shall	AUX
cjal-3321	156	40	formulate	formulate	VERB
cjal-3321	156	41	a	a	DET
cjal-3321	156	42	report	report	NOUN
cjal-3321	156	43	on	on	ADP
cjal-3321	156	44	the	the	DET
cjal-3321	156	45	alteration	alteration	NOUN
cjal-3321	156	46	of	of	ADP
cjal-3321	156	47	share	share	NOUN
cjal-3321	156	48	entitlements	entitlement	NOUN
cjal-3321	156	49	within	within	ADP
cjal-3321	156	50	3	3	NUM
cjal-3321	156	51	days	day	NOUN
cjal-3321	156	52	after	after	SCONJ
cjal-3321	156	53	the	the	DET
cjal-3321	156	54	said	said	ADJ
cjal-3321	156	55	fact	fact	NOUN
cjal-3321	156	56	occurs	occur	VERB
cjal-3321	156	57	,	,	PUNCT
cjal-3321	156	58	submit	submit	VERB
cjal-3321	156	59	a	a	DET
cjal-3321	156	60	written	write	VERB
cjal-3321	156	61	report	report	NOUN
cjal-3321	156	62	to	to	ADP
cjal-3321	156	63	the	the	DET
cjal-3321	156	64	csrc	csrc	NOUN
cjal-3321	156	65	and	and	CCONJ
cjal-3321	156	66	the	the	DET
cjal-3321	156	67	stock	stock	NOUN
cjal-3321	156	68	exchange	exchange	NOUN
cjal-3321	156	69	,	,	PUNCT
cjal-3321	156	70	send	send	VERB
cjal-3321	156	71	a	a	DET
cjal-3321	156	72	copy	copy	NOUN
cjal-3321	156	73	of	of	ADP
cjal-3321	156	74	the	the	DET
cjal-3321	156	75	said	say	VERB
cjal-3321	156	76	report	report	NOUN
cjal-3321	156	77	to	to	ADP
cjal-3321	156	78	the	the	DET
cjal-3321	156	79	csrc	csrc	PROPN
cjal-3321	156	80	representative	representative	PROPN
cjal-3321	156	81	office	office	NOUN
cjal-3321	156	82	at	at	ADP
cjal-3321	156	83	the	the	DET
cjal-3321	156	84	locality	locality	NOUN
cjal-3321	156	85	of	of	ADP
cjal-3321	156	86	the	the	DET
cjal-3321	156	87	listed	list	VERB
cjal-3321	156	88	company	company	NOUN
cjal-3321	156	89	(	(	PUNCT
cjal-3321	156	90	hereinafter	hereinafter	NOUN
cjal-3321	156	91	referred	refer	VERB
cjal-3321	156	92	to	to	ADP
cjal-3321	156	93	as	as	ADP
cjal-3321	156	94	the	the	DET
cjal-3321	156	95	representative	representative	ADJ
cjal-3321	156	96	office	office	NOUN
cjal-3321	156	97	)	)	PUNCT
cjal-3321	156	98	,	,	PUNCT
cjal-3321	156	99	notify	notify	VERB
cjal-3321	156	100	the	the	DET
cjal-3321	156	101	listed	list	VERB
cjal-3321	156	102	company	company	NOUN
cjal-3321	156	103	and	and	CCONJ
cjal-3321	156	104	announce	announce	VERB
cjal-3321	156	105	it	it	PRON
cjal-3321	156	106	to	to	ADP
cjal-3321	156	107	the	the	DET
cjal-3321	156	108	general	general	ADJ
cjal-3321	156	109	public	public	NOUN
cjal-3321	156	110	;	;	PUNCT
cjal-3321	156	111	and	and	CCONJ
cjal-3321	156	112	they	they	PRON
cjal-3321	156	113	shall	shall	AUX
cjal-3321	156	114	not	not	PART
cjal-3321	156	115	buy	buy	VERB
cjal-3321	156	116	or	or	CCONJ
cjal-3321	156	117	sell	sell	VERB
cjal-3321	156	118	the	the	DET
cjal-3321	156	119	stocks	stock	NOUN
cjal-3321	156	120	of	of	ADP
cjal-3321	156	121	the	the	DET
cjal-3321	156	122	said	say	VERB
cjal-3321	156	123	listed	list	VERB
cjal-3321	156	124	company	company	NOUN
cjal-3321	156	125	again	again	ADV
cjal-3321	156	126	within	within	ADP
cjal-3321	156	127	the	the	DET
cjal-3321	156	128	aforesaid	aforesaid	ADJ
cjal-3321	156	129	term	term	NOUN
cjal-3321	156	130	.	.	PUNCT
cjal-3321	157	1	after	after	SCONJ
cjal-3321	157	2	the	the	DET
cjal-3321	157	3	shares	share	NOUN
cjal-3321	157	4	whose	whose	DET
cjal-3321	157	5	entitlements	entitlement	NOUN
cjal-3321	157	6	are	be	AUX
cjal-3321	157	7	held	hold	VERB
cjal-3321	157	8	by	by	ADP
cjal-3321	157	9	the	the	DET
cjal-3321	157	10	aforesaid	aforesaid	ADJ
cjal-3321	157	11	investor	investor	NOUN
cjal-3321	157	12	and	and	CCONJ
cjal-3321	157	13	concerted	concerted	ADJ
cjal-3321	157	14	parties	party	NOUN
cjal-3321	157	15	reach	reach	VERB
cjal-3321	157	16	5	5	NUM
cjal-3321	157	17	%	%	NOUN
cjal-3321	157	18	of	of	ADP
cjal-3321	157	19	the	the	DET
cjal-3321	157	20	issued	issue	VERB
cjal-3321	157	21	shares	share	NOUN
cjal-3321	157	22	of	of	ADP
cjal-3321	157	23	the	the	DET
cjal-3321	157	24	listed	list	VERB
cjal-3321	157	25	company	company	NOUN
cjal-3321	157	26	,	,	PUNCT
cjal-3321	157	27	if	if	SCONJ
cjal-3321	157	28	the	the	DET
cjal-3321	157	29	proportion	proportion	NOUN
cjal-3321	157	30	of	of	ADP
cjal-3321	157	31	the	the	DET
cjal-3321	157	32	shares	share	NOUN
cjal-3321	157	33	whose	whose	DET
cjal-3321	157	34	entitlements	entitlement	NOUN
cjal-3321	157	35	are	be	AUX
cjal-3321	157	36	held	hold	VERB
cjal-3321	157	37	by	by	ADP
cjal-3321	157	38	them	they	PRON
cjal-3321	157	39	to	to	ADP
cjal-3321	157	40	the	the	DET
cjal-3321	157	41	issued	issue	VERB
cjal-3321	157	42	shares	share	NOUN
cjal-3321	157	43	of	of	ADP
cjal-3321	157	44	the	the	DET
cjal-3321	157	45	listed	list	VERB
cjal-3321	157	46	company	company	NOUN
cjal-3321	157	47	increases	increase	VERB
cjal-3321	157	48	or	or	CCONJ
cjal-3321	157	49	reduces	reduce	VERB
cjal-3321	157	50	by	by	ADP
cjal-3321	157	51	5	5	NUM
cjal-3321	157	52	%	%	NOUN
cjal-3321	157	53	each	each	DET
cjal-3321	157	54	time	time	NOUN
cjal-3321	157	55	through	through	ADP
cjal-3321	157	56	the	the	DET
cjal-3321	157	57	securities	security	NOUN
cjal-3321	157	58	transactions	transaction	NOUN
cjal-3321	157	59	at	at	ADP
cjal-3321	157	60	the	the	DET
cjal-3321	157	61	stock	stock	NOUN
cjal-3321	157	62	exchange	exchange	NOUN
cjal-3321	157	63	,	,	PUNCT
cjal-3321	157	64	they	they	PRON
cjal-3321	157	65	shall	shall	AUX
cjal-3321	157	66	give	give	VERB
cjal-3321	157	67	a	a	DET
cjal-3321	157	68	report	report	NOUN
cjal-3321	157	69	and	and	CCONJ
cjal-3321	157	70	make	make	VERB
cjal-3321	157	71	an	an	DET
cjal-3321	157	72	announcement	announcement	NOUN
cjal-3321	157	73	according	accord	VERB
cjal-3321	157	74	to	to	ADP
cjal-3321	157	75	the	the	DET
cjal-3321	157	76	preceding	precede	VERB
cjal-3321	157	77	paragraph	paragraph	NOUN
cjal-3321	157	78	,	,	PUNCT
cjal-3321	157	79	and	and	CCONJ
cjal-3321	157	80	shall	shall	AUX
cjal-3321	157	81	not	not	PART
cjal-3321	157	82	buy	buy	VERB
cjal-3321	157	83	or	or	CCONJ
cjal-3321	157	84	sell	sell	VERB
cjal-3321	157	85	the	the	DET
cjal-3321	157	86	shares	share	NOUN
cjal-3321	157	87	of	of	ADP
cjal-3321	157	88	the	the	DET
cjal-3321	157	89	said	say	VERB
cjal-3321	157	90	listed	list	VERB
cjal-3321	157	91	company	company	NOUN
cjal-3321	157	92	again	again	ADV
cjal-3321	157	93	within	within	ADP
cjal-3321	157	94	the	the	DET
cjal-3321	157	95	reporting	reporting	NOUN
cjal-3321	157	96	period	period	NOUN
cjal-3321	157	97	or	or	CCONJ
cjal-3321	157	98	within	within	ADP
cjal-3321	157	99	2	2	NUM
cjal-3321	157	100	days	day	NOUN
cjal-3321	157	101	upon	upon	SCONJ
cjal-3321	157	102	reporting	reporting	NOUN
cjal-3321	157	103	and	and	CCONJ
cjal-3321	157	104	announcement	announcement	NOUN
cjal-3321	157	105	.	.	PUNCT
cjal-3321	158	1	measures	measure	NOUN
cjal-3321	158	2	for	for	ADP
cjal-3321	158	3	the	the	DET
cjal-3321	158	4	administration	administration	NOUN
cjal-3321	158	5	of	of	ADP
cjal-3321	158	6	takeovers	takeover	NOUN
cjal-3321	158	7	,	,	PUNCT
cjal-3321	158	8	supra	supra	PROPN
cjal-3321	158	9	note	note	NOUN
cjal-3321	158	10	6	6	NUM
cjal-3321	158	11	,	,	PUNCT
cjal-3321	158	12	art	art	NOUN
cjal-3321	158	13	.	.	PUNCT
cjal-3321	159	1	13	13	NUM
cjal-3321	159	2	.	.	X
cjal-3321	159	3	25	25	NUM
cjal-3321	159	4	when	when	SCONJ
cjal-3321	159	5	a	a	DET
cjal-3321	159	6	bidder	bidder	NOUN
cjal-3321	159	7	acquires	acquire	VERB
cjal-3321	159	8	30	30	NUM
cjal-3321	159	9	%	%	NOUN
cjal-3321	159	10	of	of	ADP
cjal-3321	159	11	the	the	DET
cjal-3321	159	12	target	target	NOUN
cjal-3321	159	13	company	company	NOUN
cjal-3321	159	14	's	's	PART
cjal-3321	159	15	share	share	NOUN
cjal-3321	159	16	,	,	PUNCT
cjal-3321	159	17	the	the	DET
cjal-3321	159	18	"	"	PUNCT
cjal-3321	159	19	mandatory	mandatory	ADJ
cjal-3321	159	20	bid	bid	NOUN
cjal-3321	159	21	rule	rule	NOUN
cjal-3321	159	22	"	"	PUNCT
cjal-3321	159	23	is	be	AUX
cjal-3321	159	24	triggered	trigger	VERB
cjal-3321	159	25	.	.	PUNCT
cjal-3321	160	1	see	see	VERB
cjal-3321	160	2	discussion	discussion	NOUN
cjal-3321	160	3	infra	infra	NOUN
cjal-3321	160	4	part	part	NOUN
cjal-3321	160	5	i.a.2.a	i.a.2.a	NOUN
cjal-3321	160	6	.	.	PUNCT
cjal-3321	161	1	the	the	DET
cjal-3321	161	2	efficacy	efficacy	NOUN
cjal-3321	161	3	of	of	ADP
cjal-3321	161	4	chinese	chinese	ADJ
cjal-3321	161	5	takeover	takeover	NOUN
cjal-3321	161	6	laws	law	NOUN
cjal-3321	161	7	188	188	NUM
cjal-3321	161	8	of	of	ADP
cjal-3321	161	9	a	a	DET
cjal-3321	161	10	listed	list	VERB
cjal-3321	161	11	company	company	NOUN
cjal-3321	161	12	by	by	ADP
cjal-3321	161	13	means	mean	NOUN
cjal-3321	161	14	of	of	ADP
cjal-3321	161	15	transfer	transfer	NOUN
cjal-3321	161	16	agreement	agreement	NOUN
cjal-3321	161	17	,	,	PUNCT
cjal-3321	161	18	they	they	PRON
cjal-3321	161	19	shall	shall	AUX
cjal-3321	161	20	formulate	formulate	VERB
cjal-3321	161	21	a	a	DET
cjal-3321	161	22	report	report	NOUN
cjal-3321	161	23	on	on	ADP
cjal-3321	161	24	the	the	DET
cjal-3321	161	25	alteration	alteration	NOUN
cjal-3321	161	26	of	of	ADP
cjal-3321	161	27	share	share	NOUN
cjal-3321	161	28	entitlements	entitlement	NOUN
cjal-3321	161	29	within	within	ADP
cjal-3321	161	30	3	3	NUM
cjal-3321	161	31	days	day	NOUN
cjal-3321	161	32	after	after	SCONJ
cjal-3321	161	33	the	the	DET
cjal-3321	161	34	said	said	ADJ
cjal-3321	161	35	fact	fact	NOUN
cjal-3321	161	36	occurs	occur	VERB
cjal-3321	161	37	,	,	PUNCT
cjal-3321	161	38	submit	submit	VERB
cjal-3321	161	39	a	a	DET
cjal-3321	161	40	written	write	VERB
cjal-3321	161	41	report	report	NOUN
cjal-3321	161	42	to	to	ADP
cjal-3321	161	43	the	the	DET
cjal-3321	161	44	csrc	csrc	NOUN
cjal-3321	161	45	and	and	CCONJ
cjal-3321	161	46	the	the	DET
cjal-3321	161	47	stock	stock	NOUN
cjal-3321	161	48	exchange	exchange	NOUN
cjal-3321	161	49	,	,	PUNCT
cjal-3321	161	50	send	send	VERB
cjal-3321	161	51	a	a	DET
cjal-3321	161	52	copy	copy	NOUN
cjal-3321	161	53	of	of	ADP
cjal-3321	161	54	the	the	DET
cjal-3321	161	55	said	say	VERB
cjal-3321	161	56	report	report	NOUN
cjal-3321	161	57	to	to	ADP
cjal-3321	161	58	the	the	DET
cjal-3321	161	59	representative	representative	ADJ
cjal-3321	161	60	office	office	NOUN
cjal-3321	161	61	,	,	PUNCT
cjal-3321	161	62	notify	notify	VERB
cjal-3321	161	63	the	the	DET
cjal-3321	161	64	listed	list	VERB
cjal-3321	161	65	company	company	NOUN
cjal-3321	161	66	of	of	ADP
cjal-3321	161	67	it	it	PRON
cjal-3321	161	68	,	,	PUNCT
cjal-3321	161	69	and	and	CCONJ
cjal-3321	161	70	make	make	VERB
cjal-3321	161	71	an	an	DET
cjal-3321	161	72	announcement	announcement	NOUN
cjal-3321	161	73	on	on	ADP
cjal-3321	161	74	it.26	it.26	NOUN
cjal-3321	161	75	here	here	ADV
cjal-3321	161	76	,	,	PUNCT
cjal-3321	161	77	the	the	DET
cjal-3321	161	78	csrc	csrc	NOUN
cjal-3321	161	79	adopted	adopt	VERB
cjal-3321	161	80	the	the	DET
cjal-3321	161	81	phrase	phrase	NOUN
cjal-3321	161	82	"	"	PUNCT
cjal-3321	161	83	reach	reach	VERB
cjal-3321	161	84	or	or	CCONJ
cjal-3321	161	85	exceed	exceed	VERB
cjal-3321	161	86	5	5	NUM
cjal-3321	161	87	%	%	NOUN
cjal-3321	161	88	,	,	PUNCT
cjal-3321	161	89	"	"	PUNCT
cjal-3321	161	90	instead	instead	ADV
cjal-3321	161	91	of	of	ADP
cjal-3321	161	92	"	"	PUNCT
cjal-3321	161	93	reach	reach	VERB
cjal-3321	161	94	5	5	NUM
cjal-3321	161	95	%	%	NOUN
cjal-3321	161	96	,	,	PUNCT
cjal-3321	161	97	"	"	PUNCT
cjal-3321	161	98	the	the	DET
cjal-3321	161	99	language	language	NOUN
cjal-3321	161	100	used	use	VERB
cjal-3321	161	101	under	under	ADP
cjal-3321	161	102	article	article	NOUN
cjal-3321	161	103	13	13	NUM
cjal-3321	161	104	for	for	ADP
cjal-3321	161	105	open	open	ADJ
cjal-3321	161	106	market	market	NOUN
cjal-3321	161	107	purchases	purchase	NOUN
cjal-3321	161	108	.	.	PUNCT
cjal-3321	162	1	thus	thus	ADV
cjal-3321	162	2	,	,	PUNCT
cjal-3321	162	3	if	if	SCONJ
cjal-3321	162	4	a	a	DET
cjal-3321	162	5	purchaser	purchaser	NOUN
cjal-3321	162	6	makes	make	VERB
cjal-3321	162	7	a	a	DET
cjal-3321	162	8	one	one	NUM
cjal-3321	162	9	-	-	PUNCT
cjal-3321	162	10	time	time	NOUN
cjal-3321	162	11	purchase	purchase	NOUN
cjal-3321	162	12	of	of	ADP
cjal-3321	162	13	20	20	NUM
cjal-3321	162	14	%	%	NOUN
cjal-3321	162	15	of	of	ADP
cjal-3321	162	16	issued	issue	VERB
cjal-3321	162	17	shares	share	NOUN
cjal-3321	162	18	of	of	ADP
cjal-3321	162	19	the	the	DET
cjal-3321	162	20	target	target	NOUN
cjal-3321	162	21	company	company	NOUN
cjal-3321	162	22	through	through	ADP
cjal-3321	162	23	a	a	DET
cjal-3321	162	24	private	private	ADJ
cjal-3321	162	25	agreement	agreement	NOUN
cjal-3321	162	26	,	,	PUNCT
cjal-3321	162	27	it	it	PRON
cjal-3321	162	28	is	be	AUX
cjal-3321	162	29	only	only	ADV
cjal-3321	162	30	required	require	VERB
cjal-3321	162	31	to	to	PART
cjal-3321	162	32	make	make	VERB
cjal-3321	162	33	one	one	NUM
cjal-3321	162	34	disclosure	disclosure	NOUN
cjal-3321	162	35	.	.	PUNCT
cjal-3321	163	1	this	this	PRON
cjal-3321	163	2	seems	seem	VERB
cjal-3321	163	3	straightforward	straightforward	ADJ
cjal-3321	163	4	so	so	ADV
cjal-3321	163	5	far	far	ADV
cjal-3321	163	6	.	.	PUNCT
cjal-3321	164	1	but	but	CCONJ
cjal-3321	164	2	in	in	ADP
cjal-3321	164	3	the	the	DET
cjal-3321	164	4	second	second	ADJ
cjal-3321	164	5	paragraph	paragraph	NOUN
cjal-3321	164	6	of	of	ADP
cjal-3321	164	7	article	article	NOUN
cjal-3321	164	8	14	14	NUM
cjal-3321	164	9	of	of	ADP
cjal-3321	164	10	the	the	DET
cjal-3321	164	11	measures	measure	NOUN
cjal-3321	164	12	,	,	PUNCT
cjal-3321	164	13	the	the	DET
cjal-3321	164	14	csrc	csrc	NOUN
cjal-3321	164	15	switches	switch	VERB
cjal-3321	164	16	back	back	ADV
cjal-3321	164	17	to	to	ADP
cjal-3321	164	18	the	the	DET
cjal-3321	164	19	phrase	phrase	NOUN
cjal-3321	164	20	"	"	PUNCT
cjal-3321	164	21	reach	reach	VERB
cjal-3321	164	22	5	5	NUM
cjal-3321	164	23	%	%	NOUN
cjal-3321	164	24	rather	rather	ADV
cjal-3321	164	25	than	than	ADP
cjal-3321	164	26	"	"	PUNCT
cjal-3321	164	27	reach	reach	VERB
cjal-3321	164	28	or	or	CCONJ
cjal-3321	164	29	exceed	exceed	VERB
cjal-3321	164	30	5	5	NUM
cjal-3321	164	31	%	%	NOUN
cjal-3321	164	32	"	"	PUNCT
cjal-3321	164	33	:	:	PUNCT
cjal-3321	164	34	after	after	SCONJ
cjal-3321	164	35	the	the	DET
cjal-3321	164	36	shares	share	NOUN
cjal-3321	164	37	whose	whose	DET
cjal-3321	164	38	entitlements	entitlement	NOUN
cjal-3321	164	39	are	be	AUX
cjal-3321	164	40	held	hold	VERB
cjal-3321	164	41	by	by	ADP
cjal-3321	164	42	an	an	DET
cjal-3321	164	43	investor	investor	NOUN
cjal-3321	164	44	and	and	CCONJ
cjal-3321	164	45	its	its	PRON
cjal-3321	164	46	concerted	concerted	ADJ
cjal-3321	164	47	parties	party	NOUN
cjal-3321	164	48	reach	reach	VERB
cjal-3321	164	49	5	5	NUM
cjal-3321	164	50	%	%	NOUN
cjal-3321	164	51	of	of	ADP
cjal-3321	164	52	the	the	DET
cjal-3321	164	53	issued	issue	VERB
cjal-3321	164	54	shares	share	NOUN
cjal-3321	164	55	of	of	ADP
cjal-3321	164	56	a	a	DET
cjal-3321	164	57	listed	list	VERB
cjal-3321	164	58	company	company	NOUN
cjal-3321	164	59	,	,	PUNCT
cjal-3321	164	60	if	if	SCONJ
cjal-3321	164	61	the	the	DET
cjal-3321	164	62	proportion	proportion	NOUN
cjal-3321	164	63	of	of	ADP
cjal-3321	164	64	the	the	DET
cjal-3321	164	65	shares	share	NOUN
cjal-3321	164	66	whose	whose	DET
cjal-3321	164	67	entitlements	entitlement	NOUN
cjal-3321	164	68	are	be	AUX
cjal-3321	164	69	held	hold	VERB
cjal-3321	164	70	by	by	ADP
cjal-3321	164	71	them	they	PRON
cjal-3321	164	72	to	to	ADP
cjal-3321	164	73	the	the	DET
cjal-3321	164	74	issued	issue	VERB
cjal-3321	164	75	shares	share	NOUN
cjal-3321	164	76	of	of	ADP
cjal-3321	164	77	the	the	DET
cjal-3321	164	78	listed	list	VERB
cjal-3321	164	79	company	company	NOUN
cjal-3321	164	80	increases	increase	VERB
cjal-3321	164	81	or	or	CCONJ
cjal-3321	164	82	reduces	reduce	VERB
cjal-3321	164	83	by	by	ADP
cjal-3321	164	84	5	5	NUM
cjal-3321	164	85	%	%	NOUN
cjal-3321	164	86	each	each	DET
cjal-3321	164	87	time	time	NOUN
cjal-3321	164	88	,	,	PUNCT
cjal-3321	164	89	they	they	PRON
cjal-3321	164	90	shall	shall	AUX
cjal-3321	164	91	perform	perform	VERB
cjal-3321	164	92	the	the	DET
cjal-3321	164	93	obligations	obligation	NOUN
cjal-3321	164	94	of	of	ADP
cjal-3321	164	95	reporting	reporting	NOUN
cjal-3321	164	96	and	and	CCONJ
cjal-3321	164	97	ann6uncement	ann6uncement	ADP
cjal-3321	164	98	according	accord	VERB
cjal-3321	164	99	to	to	ADP
cjal-3321	164	100	the	the	DET
cjal-3321	164	101	preceding	precede	VERB
cjal-3321	164	102	paragraph.27	paragraph.27	ADJ
cjal-3321	164	103	a	a	DET
cjal-3321	164	104	literal	literal	ADJ
cjal-3321	164	105	interpretation	interpretation	NOUN
cjal-3321	164	106	of	of	ADP
cjal-3321	164	107	this	this	DET
cjal-3321	164	108	paragraph	paragraph	NOUN
cjal-3321	164	109	suggests	suggest	VERB
cjal-3321	164	110	that	that	SCONJ
cjal-3321	164	111	a	a	DET
cjal-3321	164	112	purchaser	purchaser	NOUN
cjal-3321	164	113	needs	need	VERB
cjal-3321	164	114	to	to	PART
cjal-3321	164	115	make	make	VERB
cjal-3321	164	116	a	a	DET
cjal-3321	164	117	disclosure	disclosure	NOUN
cjal-3321	164	118	for	for	ADP
cjal-3321	164	119	every	every	DET
cjal-3321	164	120	5	5	NUM
cjal-3321	164	121	%	%	NOUN
cjal-3321	164	122	acquisition	acquisition	NOUN
cjal-3321	164	123	,	,	PUNCT
cjal-3321	164	124	similar	similar	ADJ
cjal-3321	164	125	to	to	ADP
cjal-3321	164	126	the	the	DET
cjal-3321	164	127	rule	rule	NOUN
cjal-3321	164	128	described	describe	VERB
cjal-3321	164	129	in	in	ADP
cjal-3321	164	130	the	the	DET
cjal-3321	164	131	open	open	ADJ
cjal-3321	164	132	market	market	NOUN
cjal-3321	164	133	purchase	purchase	NOUN
cjal-3321	164	134	scenario	scenario	NOUN
cjal-3321	164	135	.	.	PUNCT
cjal-3321	165	1	this	this	PRON
cjal-3321	165	2	contradicts	contradict	VERB
cjal-3321	165	3	the	the	DET
cjal-3321	165	4	language	language	NOUN
cjal-3321	165	5	of	of	ADP
cjal-3321	165	6	the	the	DET
cjal-3321	165	7	first	first	ADJ
cjal-3321	165	8	paragraph	paragraph	NOUN
cjal-3321	165	9	,	,	PUNCT
cjal-3321	165	10	which	which	PRON
cjal-3321	165	11	would	would	AUX
cjal-3321	165	12	allow	allow	VERB
cjal-3321	165	13	,	,	PUNCT
cjal-3321	165	14	for	for	ADP
cjal-3321	165	15	example	example	NOUN
cjal-3321	165	16	,	,	PUNCT
cjal-3321	165	17	a	a	DET
cjal-3321	165	18	one	one	NUM
cjal-3321	165	19	-	-	PUNCT
cjal-3321	165	20	time	time	NOUN
cjal-3321	165	21	purchase	purchase	NOUN
cjal-3321	165	22	of	of	ADP
cjal-3321	165	23	a	a	DET
cjal-3321	165	24	20	20	NUM
cjal-3321	165	25	%	%	NOUN
cjal-3321	165	26	block	block	NOUN
cjal-3321	165	27	with	with	ADP
cjal-3321	165	28	a	a	DET
cjal-3321	165	29	single	single	ADJ
cjal-3321	165	30	disclosure	disclosure	NOUN
cjal-3321	165	31	.	.	PUNCT
cjal-3321	166	1	in	in	ADP
cjal-3321	166	2	practice	practice	NOUN
cjal-3321	166	3	,	,	PUNCT
cjal-3321	166	4	the	the	DET
cjal-3321	166	5	csrc	csrc	NOUN
cjal-3321	166	6	interprets	interpret	VERB
cjal-3321	166	7	the	the	DET
cjal-3321	166	8	second	second	ADJ
cjal-3321	166	9	paragraph	paragraph	NOUN
cjal-3321	166	10	to	to	PART
cjal-3321	166	11	mean	mean	VERB
cjal-3321	166	12	that	that	SCONJ
cjal-3321	166	13	a	a	DET
cjal-3321	166	14	purchaser	purchaser	NOUN
cjal-3321	166	15	whose	whose	DET
cjal-3321	166	16	interest	interest	NOUN
cjal-3321	166	17	reaches	reach	VERB
cjal-3321	166	18	or	or	CCONJ
cjal-3321	166	19	exceeds	exceed	VERB
cjal-3321	166	20	5	5	NUM
cjal-3321	166	21	%	%	NOUN
cjal-3321	166	22	needs	need	VERB
cjal-3321	166	23	to	to	PART
cjal-3321	166	24	make	make	VERB
cjal-3321	166	25	a	a	DET
cjal-3321	166	26	disclosure	disclosure	NOUN
cjal-3321	166	27	for	for	SCONJ
cjal-3321	166	28	every	every	DET
cjal-3321	166	29	additional	additional	ADJ
cjal-3321	166	30	5	5	NUM
cjal-3321	166	31	%	%	NOUN
cjal-3321	166	32	of	of	ADP
cjal-3321	166	33	the	the	DET
cjal-3321	166	34	stock	stock	NOUN
cjal-3321	166	35	of	of	ADP
cjal-3321	166	36	the	the	DET
cjal-3321	166	37	target	target	NOUN
cjal-3321	166	38	company	company	NOUN
cjal-3321	166	39	subsequently	subsequently	ADV
cjal-3321	166	40	acquired	acquire	VERB
cjal-3321	166	41	either	either	CCONJ
cjal-3321	166	42	through	through	ADP
cjal-3321	166	43	private	private	ADJ
cjal-3321	166	44	agreement	agreement	NOUN
cjal-3321	166	45	or	or	CCONJ
cjal-3321	166	46	in	in	ADP
cjal-3321	166	47	the	the	DET
cjal-3321	166	48	open	open	ADJ
cjal-3321	166	49	market	market	NOUN
cjal-3321	166	50	.	.	PUNCT
cjal-3321	167	1	8	8	NUM
cjal-3321	167	2	items	item	NOUN
cjal-3321	167	3	that	that	PRON
cjal-3321	167	4	should	should	AUX
cjal-3321	167	5	be	be	AUX
cjal-3321	167	6	included	include	VERB
cjal-3321	167	7	in	in	ADP
cjal-3321	167	8	the	the	DET
cjal-3321	167	9	disclosure	disclosure	NOUN
cjal-3321	167	10	are	be	AUX
cjal-3321	167	11	outlined	outline	VERB
cjal-3321	167	12	in	in	ADP
cjal-3321	167	13	article	article	NOUN
cjal-3321	167	14	87	87	NUM
cjal-3321	167	15	of	of	ADP
cjal-3321	167	16	the	the	DET
cjal-3321	167	17	securities	security	NOUN
cjal-3321	167	18	law	law	NOUN
cjal-3321	167	19	,	,	PUNCT
cjal-3321	167	20	which	which	PRON
cjal-3321	167	21	requires	require	VERB
cjal-3321	167	22	a	a	DET
cjal-3321	167	23	purchaser	purchaser	NOUN
cjal-3321	167	24	who	who	PRON
cjal-3321	167	25	triggers	trigger	VERB
cjal-3321	167	26	the	the	DET
cjal-3321	167	27	disclosure	disclosure	NOUN
cjal-3321	167	28	requirement	requirement	NOUN
cjal-3321	167	29	to	to	PART
cjal-3321	167	30	disclose	disclose	VERB
cjal-3321	167	31	its	its	PRON
cjal-3321	167	32	name	name	NOUN
cjal-3321	167	33	,	,	PUNCT
cjal-3321	167	34	address	address	NOUN
cjal-3321	167	35	,	,	PUNCT
cjal-3321	167	36	stock	stock	NOUN
cjal-3321	167	37	symbol	symbol	NOUN
cjal-3321	167	38	of	of	ADP
cjal-3321	167	39	the	the	DET
cjal-3321	167	40	shares	share	NOUN
cjal-3321	167	41	acquired	acquire	VERB
cjal-3321	167	42	,	,	PUNCT
cjal-3321	167	43	quantity	quantity	NOUN
cjal-3321	167	44	,	,	PUNCT
cjal-3321	167	45	as	as	ADV
cjal-3321	167	46	well	well	ADV
cjal-3321	167	47	as	as	ADP
cjal-3321	167	48	the	the	DET
cjal-3321	167	49	date	date	NOUN
cjal-3321	167	50	when	when	SCONJ
cjal-3321	167	51	the	the	DET
cjal-3321	167	52	disclosure	disclosure	NOUN
cjal-3321	167	53	requirement	requirement	NOUN
cjal-3321	167	54	was	be	AUX
cjal-3321	167	55	prompted	prompt	VERB
cjal-3321	167	56	.	.	PUNCT
cjal-3321	168	1	9	9	NUM
cjal-3321	168	2	the	the	DET
cjal-3321	168	3	csrc	csrc	NOUN
cjal-3321	168	4	has	have	AUX
cjal-3321	168	5	supplemented	supplement	VERB
cjal-3321	168	6	this	this	DET
cjal-3321	168	7	list	list	NOUN
cjal-3321	168	8	with	with	ADP
cjal-3321	168	9	a	a	DET
cjal-3321	168	10	more	more	ADV
cjal-3321	168	11	comprehensive	comprehensive	ADJ
cjal-3321	168	12	set	set	NOUN
cjal-3321	168	13	of	of	ADP
cjal-3321	168	14	requirements	requirement	NOUN
cjal-3321	168	15	in	in	ADP
cjal-3321	168	16	articles	article	NOUN
cjal-3321	168	17	16	16	NUM
cjal-3321	168	18	and	and	CCONJ
cjal-3321	168	19	17	17	NUM
cjal-3321	168	20	of	of	ADP
cjal-3321	168	21	the	the	DET
cjal-3321	168	22	measures	measure	NOUN
cjal-3321	168	23	,	,	PUNCT
cjal-3321	168	24	out	out	ADP
cjal-3321	168	25	of	of	ADP
cjal-3321	168	26	concern	concern	NOUN
cjal-3321	168	27	that	that	SCONJ
cjal-3321	168	28	the	the	DET
cjal-3321	168	29	preexisting	preexist	VERB
cjal-3321	168	30	list	list	NOUN
cjal-3321	168	31	was	be	AUX
cjal-3321	168	32	too	too	ADV
cjal-3321	168	33	general	general	ADJ
cjal-3321	168	34	and	and	CCONJ
cjal-3321	168	35	that	that	SCONJ
cjal-3321	168	36	more	more	ADV
cjal-3321	168	37	explanatory	explanatory	ADJ
cjal-3321	168	38	provisions	provision	NOUN
cjal-3321	168	39	should	should	AUX
cjal-3321	168	40	be	be	AUX
cjal-3321	168	41	imposed	impose	VERB
cjal-3321	168	42	to	to	PART
cjal-3321	168	43	protect	protect	VERB
cjal-3321	168	44	shareholders	shareholder	NOUN
cjal-3321	168	45	from	from	ADP
cjal-3321	168	46	unexpected	unexpected	ADJ
cjal-3321	168	47	market	market	NOUN
cjal-3321	168	48	turbulence	turbulence	NOUN
cjal-3321	168	49	.	.	PUNCT
cjal-3321	168	50	"	"	PUNCT
cjal-3321	169	1	a	a	DET
cjal-3321	169	2	26	26	NUM
cjal-3321	169	3	measures	measure	NOUN
cjal-3321	169	4	for	for	ADP
cjal-3321	169	5	administration	administration	NOUN
cjal-3321	169	6	of	of	ADP
cjal-3321	169	7	takeovers	takeover	NOUN
cjal-3321	169	8	,	,	PUNCT
cjal-3321	169	9	supra	supra	PROPN
cjal-3321	169	10	note	note	NOUN
cjal-3321	169	11	6	6	NUM
cjal-3321	169	12	,	,	PUNCT
cjal-3321	169	13	art	art	NOUN
cjal-3321	169	14	.	.	PUNCT
cjal-3321	170	1	14	14	NUM
cjal-3321	170	2	.	.	X
cjal-3321	170	3	27	27	NUM
cjal-3321	171	1	i	i	PRON
cjal-3321	171	2	d.	d.	PROPN
cjal-3321	171	3	28	28	NUM
cjal-3321	171	4	peng	peng	PROPN
cjal-3321	171	5	,	,	PUNCT
cjal-3321	171	6	supra	supra	PROPN
cjal-3321	171	7	note	note	PROPN
cjal-3321	171	8	4	4	NUM
cjal-3321	171	9	,	,	PUNCT
cjal-3321	171	10	at	at	ADP
cjal-3321	171	11	269	269	NUM
cjal-3321	171	12	.	.	NOUN
cjal-3321	171	13	29	29	NUM
cjal-3321	171	14	securities	security	NOUN
cjal-3321	171	15	law	law	NOUN
cjal-3321	171	16	,	,	PUNCT
cjal-3321	171	17	supra	supra	PROPN
cjal-3321	171	18	note	note	PROPN
cjal-3321	171	19	15	15	NUM
cjal-3321	171	20	,	,	PUNCT
cjal-3321	171	21	art	art	NOUN
cjal-3321	171	22	.	.	PUNCT
cjal-3321	172	1	87	87	NUM
cjal-3321	172	2	.	.	PUNCT
cjal-3321	172	3	30	30	NUM
cjal-3321	172	4	measures	measure	NOUN
cjal-3321	172	5	for	for	ADP
cjal-3321	172	6	administration	administration	NOUN
cjal-3321	172	7	of	of	ADP
cjal-3321	172	8	takeovers	takeover	NOUN
cjal-3321	172	9	,	,	PUNCT
cjal-3321	172	10	supra	supra	PROPN
cjal-3321	172	11	note	note	NOUN
cjal-3321	172	12	6	6	NUM
cjal-3321	172	13	,	,	PUNCT
cjal-3321	172	14	arts	art	NOUN
cjal-3321	172	15	.	.	PUNCT
cjal-3321	173	1	16	16	NUM
cjal-3321	173	2	-	-	SYM
cjal-3321	173	3	17	17	NUM
cjal-3321	173	4	.	.	X
cjal-3321	174	1	189	189	NUM
cjal-3321	174	2	columbia	columbia	PROPN
cjal-3321	174	3	journal	journal	PROPN
cjal-3321	174	4	ofasian	ofasian	ADJ
cjal-3321	174	5	law	law	NOUN
cjal-3321	174	6	,	,	PUNCT
cjal-3321	174	7	vol	vol	NOUN
cjal-3321	174	8	.	.	PROPN
cjal-3321	174	9	25	25	NUM
cjal-3321	174	10	,	,	PUNCT
cjal-3321	174	11	no	no	INTJ
cjal-3321	174	12	.	.	NOUN
cjal-3321	174	13	2	2	NUM
cjal-3321	174	14	(	(	PUNCT
cjal-3321	174	15	2012	2012	NUM
cjal-3321	174	16	)	)	PUNCT
cjal-3321	174	17	purchaser	purchaser	NOUN
cjal-3321	174	18	is	be	AUX
cjal-3321	174	19	subjected	subject	VERB
cjal-3321	174	20	to	to	ADP
cjal-3321	174	21	article	article	NOUN
cjal-3321	174	22	16	16	NUM
cjal-3321	174	23	when	when	SCONJ
cjal-3321	174	24	acquiring	acquire	VERB
cjal-3321	174	25	5	5	NUM
cjal-3321	174	26	to	to	PART
cjal-3321	174	27	20	20	NUM
cjal-3321	174	28	%	%	NOUN
cjal-3321	174	29	.of	.of	PUNCT
cjal-3321	175	1	a	a	DET
cjal-3321	175	2	listed	list	VERB
cjal-3321	175	3	company	company	NOUN
cjal-3321	175	4	's	's	PART
cjal-3321	175	5	stock	stock	NOUN
cjal-3321	175	6	.	.	PUNCT
cjal-3321	176	1	more	more	ADV
cjal-3321	176	2	importantly	importantly	ADV
cjal-3321	176	3	,	,	PUNCT
cjal-3321	176	4	the	the	DET
cjal-3321	176	5	purchaser	purchaser	NOUN
cjal-3321	176	6	may	may	AUX
cjal-3321	176	7	not	not	PART
cjal-3321	176	8	exert	exert	VERB
cjal-3321	176	9	control	control	NOUN
cjal-3321	176	10	over	over	ADP
cjal-3321	176	11	the	the	DET
cjal-3321	176	12	company	company	NOUN
cjal-3321	176	13	or	or	CCONJ
cjal-3321	176	14	the	the	DET
cjal-3321	176	15	board	board	NOUN
cjal-3321	176	16	even	even	ADV
cjal-3321	176	17	if	if	SCONJ
cjal-3321	176	18	its	its	PRON
cjal-3321	176	19	stockholding	stockholding	NOUN
cjal-3321	176	20	is	be	AUX
cjal-3321	176	21	sufficient	sufficient	ADJ
cjal-3321	176	22	for	for	SCONJ
cjal-3321	176	23	it	it	PRON
cjal-3321	176	24	to	to	PART
cjal-3321	176	25	do	do	VERB
cjal-3321	176	26	so	so	ADV
cjal-3321	176	27	.	.	PUNCT
cjal-3321	177	1	in	in	ADP
cjal-3321	177	2	addition	addition	NOUN
cjal-3321	177	3	to	to	ADP
cjal-3321	177	4	the	the	DET
cjal-3321	177	5	items	item	NOUN
cjal-3321	177	6	set	set	VERB
cjal-3321	177	7	forth	forth	ADP
cjal-3321	177	8	in	in	ADP
cjal-3321	177	9	article	article	NOUN
cjal-3321	177	10	87	87	NUM
cjal-3321	177	11	of	of	ADP
cjal-3321	177	12	the	the	DET
cjal-3321	177	13	securities	security	NOUN
cjal-3321	177	14	law	law	NOUN
cjal-3321	177	15	,	,	PUNCT
cjal-3321	177	16	article	article	NOUN
cjal-3321	177	17	16	16	NUM
cjal-3321	177	18	requires	require	VERB
cjal-3321	177	19	the	the	DET
cjal-3321	177	20	purchaser	purchaser	NOUN
cjal-3321	177	21	to	to	PART
cjal-3321	177	22	report	report	VERB
cjal-3321	177	23	the	the	DET
cjal-3321	177	24	trading	trading	NOUN
cjal-3321	177	25	history	history	NOUN
cjal-3321	177	26	of	of	ADP
cjal-3321	177	27	the	the	DET
cjal-3321	177	28	stock	stock	NOUN
cjal-3321	177	29	during	during	ADP
cjal-3321	177	30	the	the	DET
cjal-3321	177	31	past	past	ADJ
cjal-3321	177	32	six	six	NUM
cjal-3321	177	33	months	month	NOUN
cjal-3321	177	34	and	and	CCONJ
cjal-3321	177	35	whether	whether	SCONJ
cjal-3321	177	36	it	it	PRON
cjal-3321	177	37	plans	plan	VERB
cjal-3321	177	38	to	to	PART
cjal-3321	177	39	acquire	acquire	VERB
cjal-3321	177	40	the	the	DET
cjal-3321	177	41	control	control	NOUN
cjal-3321	177	42	rights	right	NOUN
cjal-3321	177	43	of	of	ADP
cjal-3321	177	44	the	the	DET
cjal-3321	177	45	listed	list	VERB
cjal-3321	177	46	company	company	NOUN
cjal-3321	177	47	.	.	PUNCT
cjal-3321	178	1	once	once	SCONJ
cjal-3321	178	2	the	the	DET
cjal-3321	178	3	purchaser	purchaser	NOUN
cjal-3321	178	4	acquires	acquire	VERB
cjal-3321	178	5	20	20	NUM
cjal-3321	178	6	to	to	PART
cjal-3321	178	7	30	30	NUM
cjal-3321	178	8	%	%	NOUN
cjal-3321	178	9	of	of	ADP
cjal-3321	178	10	the	the	DET
cjal-3321	178	11	target	target	NOUN
cjal-3321	178	12	's	's	PART
cjal-3321	178	13	shares	share	NOUN
cjal-3321	178	14	,	,	PUNCT
cjal-3321	178	15	article	article	NOUN
cjal-3321	178	16	17	17	NUM
cjal-3321	178	17	of	of	ADP
cjal-3321	178	18	the	the	DET
cjal-3321	178	19	measures	measure	NOUN
cjal-3321	178	20	applies	apply	VERB
cjal-3321	178	21	.	.	PUNCT
cjal-3321	179	1	article	article	NOUN
cjal-3321	179	2	17	17	NUM
cjal-3321	179	3	imposes	impose	VERB
cjal-3321	179	4	additional	additional	ADJ
cjal-3321	179	5	disclosure	disclosure	NOUN
cjal-3321	179	6	requirements	requirement	NOUN
cjal-3321	179	7	,	,	PUNCT
cjal-3321	179	8	such	such	ADJ
cjal-3321	179	9	as	as	ADP
cjal-3321	179	10	conflict	conflict	NOUN
cjal-3321	179	11	of	of	ADP
cjal-3321	179	12	interests	interest	NOUN
cjal-3321	179	13	with	with	ADP
cjal-3321	179	14	the	the	DET
cjal-3321	179	15	target	target	NOUN
cjal-3321	179	16	and	and	CCONJ
cjal-3321	179	17	stewardship	stewardship	NOUN
cjal-3321	179	18	or	or	CCONJ
cjal-3321	179	19	restructuring	restructuring	NOUN
cjal-3321	179	20	plans	plan	NOUN
cjal-3321	179	21	that	that	SCONJ
cjal-3321	179	22	the	the	DET
cjal-3321	179	23	purchaser	purchaser	NOUN
cjal-3321	179	24	has	have	VERB
cjal-3321	179	25	for	for	ADP
cjal-3321	179	26	the	the	DET
cjal-3321	179	27	target	target	NOUN
cjal-3321	179	28	for	for	ADP
cjal-3321	179	29	the	the	DET
cjal-3321	179	30	following	follow	VERB
cjal-3321	179	31	year.3	year.3	NOUN
cjal-3321	179	32	if	if	SCONJ
cjal-3321	179	33	a	a	DET
cjal-3321	179	34	purchaser	purchaser	NOUN
cjal-3321	179	35	fails	fail	VERB
cjal-3321	179	36	to	to	PART
cjal-3321	179	37	satisfy	satisfy	VERB
cjal-3321	179	38	the	the	DET
cjal-3321	179	39	disclosure	disclosure	NOUN
cjal-3321	179	40	requirements	requirement	NOUN
cjal-3321	179	41	,	,	PUNCT
cjal-3321	179	42	it	it	PRON
cjal-3321	179	43	can	can	AUX
cjal-3321	179	44	not	not	PART
cjal-3321	179	45	exercise	exercise	VERB
cjal-3321	179	46	voting	voting	NOUN
cjal-3321	179	47	rights	right	NOUN
cjal-3321	179	48	associated	associate	VERB
cjal-3321	179	49	with	with	ADP
cjal-3321	179	50	the	the	DET
cjal-3321	179	51	shares	share	NOUN
cjal-3321	179	52	it	it	PRON
cjal-3321	179	53	holds	hold	VERB
cjal-3321	179	54	or	or	CCONJ
cjal-3321	179	55	controls	control	NOUN
cjal-3321	179	56	until	until	SCONJ
cjal-3321	179	57	"	"	PUNCT
cjal-3321	179	58	corrections	correction	NOUN
cjal-3321	179	59	"	"	PUNCT
cjal-3321	179	60	are	be	AUX
cjal-3321	179	61	made	make	VERB
cjal-3321	179	62	.	.	PUNCT
cjal-3321	179	63	"	"	PUNCT
cjal-3321	180	1	moreover	moreover	ADV
cjal-3321	180	2	,	,	PUNCT
cjal-3321	180	3	under	under	ADP
cjal-3321	180	4	the	the	DET
cjal-3321	180	5	securities	security	NOUN
cjal-3321	180	6	law	law	NOUN
cjal-3321	180	7	,	,	PUNCT
cjal-3321	180	8	a	a	DET
cjal-3321	180	9	private	private	ADJ
cjal-3321	180	10	party	party	NOUN
cjal-3321	180	11	may	may	AUX
cjal-3321	180	12	sue	sue	VERB
cjal-3321	180	13	the	the	DET
cjal-3321	180	14	purchaser	purchaser	NOUN
cjal-3321	180	15	for	for	ADP
cjal-3321	180	16	any	any	DET
cjal-3321	180	17	loss	loss	NOUN
cjal-3321	180	18	incurred	incur	VERB
cjal-3321	180	19	from	from	ADP
cjal-3321	180	20	noncompliance	noncompliance	NOUN
cjal-3321	180	21	with	with	ADP
cjal-3321	180	22	the	the	DET
cjal-3321	180	23	disclosure	disclosure	NOUN
cjal-3321	180	24	requirements	requirement	NOUN
cjal-3321	180	25	.	.	PUNCT
cjal-3321	181	1	33	33	NUM
cjal-3321	181	2	2	2	NUM
cjal-3321	181	3	.	.	PUNCT
cjal-3321	182	1	the	the	DET
cjal-3321	182	2	mandatory	mandatory	ADJ
cjal-3321	182	3	bid	bid	NOUN
cjal-3321	182	4	rule	rule	NOUN
cjal-3321	182	5	and	and	CCONJ
cjal-3321	182	6	exemption	exemption	NOUN
cjal-3321	182	7	a.	a.	NOUN
cjal-3321	182	8	the	the	DET
cjal-3321	182	9	mandatory	mandatory	ADJ
cjal-3321	182	10	bid	bid	NOUN
cjal-3321	182	11	rule	rule	NOUN
cjal-3321	182	12	while	while	SCONJ
cjal-3321	182	13	many	many	ADJ
cjal-3321	182	14	european	european	ADJ
cjal-3321	182	15	countries	country	NOUN
cjal-3321	182	16	enforce	enforce	VERB
cjal-3321	182	17	the	the	DET
cjal-3321	182	18	"	"	PUNCT
cjal-3321	182	19	mandatory	mandatory	ADJ
cjal-3321	182	20	bid	bid	NOUN
cjal-3321	182	21	"	"	PUNCT
cjal-3321	182	22	rule	rule	NOUN
cjal-3321	182	23	,	,	PUNCT
cjal-3321	182	24	the	the	DET
cjal-3321	182	25	rule	rule	NOUN
cjal-3321	182	26	is	be	AUX
cjal-3321	182	27	found	find	VERB
cjal-3321	182	28	in	in	ADP
cjal-3321	182	29	neither	neither	CCONJ
cjal-3321	182	30	federal	federal	ADJ
cjal-3321	182	31	nor	nor	CCONJ
cjal-3321	182	32	delaware	delaware	PROPN
cjal-3321	182	33	law	law	PROPN
cjal-3321	182	34	in	in	ADP
cjal-3321	182	35	the	the	DET
cjal-3321	182	36	united	united	ADJ
cjal-3321	182	37	states.34	states.34	NOUN
cjal-3321	182	38	this	this	DET
cjal-3321	182	39	divergence	divergence	NOUN
cjal-3321	182	40	stems	stem	VERB
cjal-3321	182	41	from	from	ADP
cjal-3321	182	42	differences	difference	NOUN
cjal-3321	182	43	in	in	ADP
cjal-3321	182	44	capital	capital	NOUN
cjal-3321	182	45	structures	structure	NOUN
cjal-3321	182	46	between	between	ADP
cjal-3321	182	47	europe	europe	PROPN
cjal-3321	182	48	and	and	CCONJ
cjal-3321	182	49	the	the	DET
cjal-3321	182	50	united	united	PROPN
cjal-3321	182	51	states.35	states.35	PROPN
cjal-3321	182	52	although	although	SCONJ
cjal-3321	182	53	china	china	PROPN
cjal-3321	182	54	used	use	VERB
cjal-3321	182	55	to	to	PART
cjal-3321	182	56	adhere	adhere	VERB
cjal-3321	182	57	strictly	strictly	ADV
cjal-3321	182	58	to	to	ADP
cjal-3321	182	59	the	the	DET
cjal-3321	182	60	mandatory	mandatory	ADJ
cjal-3321	182	61	bid	bid	NOUN
cjal-3321	182	62	rule	rule	NOUN
cjal-3321	182	63	,	,	PUNCT
cjal-3321	182	64	contradictions	contradiction	NOUN
cjal-3321	182	65	between	between	ADP
cjal-3321	182	66	the	the	DET
cjal-3321	182	67	securities	security	NOUN
cjal-3321	182	68	law	law	NOUN
cjal-3321	182	69	and	and	CCONJ
cjal-3321	182	70	the	the	DET
cjal-3321	182	71	measures	measure	NOUN
cjal-3321	182	72	and	and	CCONJ
cjal-3321	182	73	the	the	DET
cjal-3321	182	74	judiciary	judiciary	NOUN
cjal-3321	182	75	's	's	PART
cjal-3321	182	76	ambivalent	ambivalent	ADJ
cjal-3321	182	77	stance	stance	NOUN
cjal-3321	182	78	towards	towards	ADP
cjal-3321	182	79	such	such	ADJ
cjal-3321	182	80	conflicts	conflict	NOUN
cjal-3321	182	81	have	have	AUX
cjal-3321	182	82	cast	cast	VERB
cjal-3321	182	83	doubt	doubt	NOUN
cjal-3321	182	84	on	on	ADP
cjal-3321	182	85	whether	whether	SCONJ
cjal-3321	182	86	the	the	DET
cjal-3321	182	87	rule	rule	NOUN
cjal-3321	182	88	still	still	ADV
cjal-3321	182	89	lives	live	VERB
cjal-3321	182	90	in	in	ADP
cjal-3321	182	91	practice	practice	NOUN
cjal-3321	182	92	.	.	PUNCT
cjal-3321	183	1	the	the	DET
cjal-3321	183	2	securities	security	NOUN
cjal-3321	183	3	law	law	NOUN
cjal-3321	183	4	and	and	CCONJ
cjal-3321	183	5	the	the	DET
cjal-3321	183	6	measures	measure	NOUN
cjal-3321	183	7	provide	provide	VERB
cjal-3321	183	8	two	two	NUM
cjal-3321	183	9	different	different	ADJ
cjal-3321	183	10	applications	application	NOUN
cjal-3321	183	11	of	of	ADP
cjal-3321	183	12	the	the	DET
cjal-3321	183	13	mandatory	mandatory	ADJ
cjal-3321	183	14	bid	bid	NOUN
cjal-3321	183	15	rule	rule	NOUN
cjal-3321	183	16	.	.	PUNCT
cjal-3321	184	1	article	article	NOUN
cjal-3321	184	2	96	96	NUM
cjal-3321	184	3	of	of	ADP
cjal-3321	184	4	the	the	DET
cjal-3321	184	5	securities	security	NOUN
cjal-3321	184	6	law	law	NOUN
cjal-3321	184	7	states	state	VERB
cjal-3321	184	8	that	that	SCONJ
cjal-3321	184	9	when	when	SCONJ
cjal-3321	184	10	a	a	DET
cjal-3321	184	11	bidder	bidder	NOUN
cjal-3321	184	12	acquires	acquire	VERB
cjal-3321	184	13	more	more	ADJ
cjal-3321	184	14	than	than	ADP
cjal-3321	184	15	30	30	NUM
cjal-3321	184	16	%	%	NOUN
cjal-3321	184	17	of	of	ADP
cjal-3321	184	18	the	the	DET
cjal-3321	184	19	target	target	NOUN
cjal-3321	184	20	company	company	NOUN
cjal-3321	184	21	's	's	PART
cjal-3321	184	22	stock	stock	NOUN
cjal-3321	184	23	by	by	ADP
cjal-3321	184	24	"	"	PUNCT
cjal-3321	184	25	agreement	agreement	NOUN
cjal-3321	184	26	or	or	CCONJ
cjal-3321	184	27	any	any	DET
cjal-3321	184	28	other	other	ADJ
cjal-3321	184	29	arrangement	arrangement	NOUN
cjal-3321	184	30	,	,	PUNCT
cjal-3321	184	31	"	"	PUNCT
cjal-3321	184	32	the	the	DET
cjal-3321	184	33	bidder	bidder	NOUN
cjal-3321	184	34	shall	shall	AUX
cjal-3321	184	35	"	"	PUNCT
cjal-3321	184	36	issue	issue	VERB
cjal-3321	184	37	an	an	DET
cjal-3321	184	38	offer	offer	NOUN
cjal-3321	184	39	to	to	ADP
cjal-3321	184	40	all	all	PRON
cjal-3321	184	41	of	of	ADP
cjal-3321	184	42	the	the	DET
cjal-3321	184	43	shareholders	shareholder	NOUN
cjal-3321	184	44	of	of	ADP
cjal-3321	184	45	the	the	DET
cjal-3321	184	46	target	target	NOUN
cjal-3321	184	47	listed	list	VERB
cjal-3321	184	48	company	company	NOUN
cjal-3321	184	49	for	for	ADP
cjal-3321	184	50	purchasing	purchase	VERB
cjal-3321	184	51	all	all	PRON
cjal-3321	184	52	of	of	ADP
cjal-3321	184	53	or	or	CCONJ
cjal-3321	184	54	part	part	NOUN
cjal-3321	184	55	of	of	ADP
cjal-3321	184	56	the	the	DET
cjal-3321	184	57	company	company	NOUN
cjal-3321	184	58	's	's	PART
cjal-3321	184	59	shares	share	NOUN
cjal-3321	184	60	,	,	PUNCT
cjal-3321	184	61	unless	unless	SCONJ
cjal-3321	184	62	it	it	PRON
cjal-3321	184	63	is	be	AUX
cjal-3321	184	64	exempted	exempt	VERB
cjal-3321	184	65	from	from	ADP
cjal-3321	184	66	making	make	VERB
cjal-3321	184	67	a	a	DET
cjal-3321	184	68	tender	tender	NOUN
cjal-3321	184	69	offer	offer	NOUN
cjal-3321	184	70	by	by	ADP
cjal-3321	184	71	the•	the•	NOUN
cjal-3321	184	72	,	,	PUNCT
cjal-3321	184	73	3	3	NUM
cjal-3321	184	74	6	6	NUM
cjal-3321	184	75	securities	security	NOUN
cjal-3321	184	76	regulatory	regulatory	ADJ
cjal-3321	184	77	authority	authority	NOUN
cjal-3321	184	78	under	under	ADP
cjal-3321	184	79	the	the	DET
cjal-3321	184	80	state	state	NOUN
cjal-3321	184	81	council	council	PROPN
cjal-3321	184	82	.	.	PUNCT
cjal-3321	185	1	this	this	PRON
cjal-3321	185	2	allows	allow	VERB
cjal-3321	185	3	the	the	DET
cjal-3321	185	4	3	3	NUM
cjal-3321	185	5	'	'	PUNCT
cjal-3321	185	6	this	this	DET
cjal-3321	185	7	disclosure	disclosure	NOUN
cjal-3321	185	8	requirement	requirement	NOUN
cjal-3321	185	9	applies	apply	VERB
cjal-3321	185	10	regardless	regardless	ADV
cjal-3321	185	11	of	of	ADP
cjal-3321	185	12	whether	whether	SCONJ
cjal-3321	185	13	a	a	DET
cjal-3321	185	14	buyer	buyer	NOUN
cjal-3321	185	15	has	have	AUX
cjal-3321	185	16	any	any	DET
cjal-3321	185	17	intent	intent	NOUN
cjal-3321	185	18	to	to	PART
cjal-3321	185	19	take	take	VERB
cjal-3321	185	20	control	control	NOUN
cjal-3321	185	21	of	of	ADP
cjal-3321	185	22	the	the	DET
cjal-3321	185	23	target	target	NOUN
cjal-3321	185	24	.	.	PUNCT
cjal-3321	186	1	measures	measure	NOUN
cjal-3321	186	2	for	for	ADP
cjal-3321	186	3	administration	administration	NOUN
cjal-3321	186	4	of	of	ADP
cjal-3321	186	5	takeovers	takeover	NOUN
cjal-3321	186	6	,	,	PUNCT
cjal-3321	186	7	supra	supra	PROPN
cjal-3321	186	8	note	note	NOUN
cjal-3321	186	9	6	6	NUM
cjal-3321	186	10	,	,	PUNCT
cjal-3321	186	11	art	art	NOUN
cjal-3321	186	12	.	.	PUNCT
cjal-3321	187	1	17	17	NUM
cjal-3321	187	2	.	.	X
cjal-3321	187	3	32	32	NUM
cjal-3321	187	4	see	see	VERB
cjal-3321	187	5	i	i	PROPN
cjal-3321	187	6	d.	d.	PROPN
cjal-3321	187	7	arts	arts	PROPN
cjal-3321	187	8	.	.	PUNCT
cjal-3321	188	1	75	75	NUM
cjal-3321	188	2	-	-	SYM
cjal-3321	188	3	77	77	NUM
cjal-3321	188	4	.	.	PUNCT
cjal-3321	189	1	the	the	DET
cjal-3321	189	2	definition	definition	NOUN
cjal-3321	189	3	of	of	ADP
cjal-3321	189	4	"	"	PUNCT
cjal-3321	189	5	correction	correction	NOUN
cjal-3321	189	6	"	"	PUNCT
cjal-3321	189	7	is	be	AUX
cjal-3321	189	8	unclear	unclear	ADJ
cjal-3321	189	9	,	,	PUNCT
cjal-3321	189	10	and	and	CCONJ
cjal-3321	189	11	there	there	PRON
cjal-3321	189	12	is	be	VERB
cjal-3321	189	13	no	no	DET
cjal-3321	189	14	official	official	ADJ
cjal-3321	189	15	statement	statement	NOUN
cjal-3321	189	16	on	on	ADP
cjal-3321	189	17	what	what	PRON
cjal-3321	189	18	constitutes	constitute	VERB
cjal-3321	189	19	correction	correction	NOUN
cjal-3321	189	20	.	.	PUNCT
cjal-3321	190	1	"	"	PUNCT
cjal-3321	190	2	see	see	VERB
cjal-3321	190	3	securities	security	NOUN
cjal-3321	190	4	law	law	NOUN
cjal-3321	190	5	,	,	PUNCT
cjal-3321	190	6	supra	supra	PROPN
cjal-3321	190	7	note	note	PROPN
cjal-3321	190	8	15	15	NUM
cjal-3321	190	9	,	,	PUNCT
cjal-3321	190	10	art	art	NOUN
cjal-3321	190	11	.	.	PUNCT
cjal-3321	191	1	69	69	NUM
cjal-3321	191	2	.	.	X
cjal-3321	192	1	34	34	NUM
cjal-3321	192	2	reinier	reinier	X
cjal-3321	192	3	kraakman	kraakman	NOUN
cjal-3321	192	4	et	et	PROPN
cjal-3321	192	5	al	al	PROPN
cjal-3321	192	6	.	.	PROPN
cjal-3321	192	7	,	,	PUNCT
cjal-3321	192	8	the	the	DET
cjal-3321	192	9	anatomy	anatomy	NOUN
cjal-3321	192	10	of	of	ADP
cjal-3321	192	11	corporate	corporate	ADJ
cjal-3321	192	12	law	law	NOUN
cjal-3321	192	13	:	:	PUNCT
cjal-3321	192	14	a	a	DET
cjal-3321	192	15	comparative	comparative	ADJ
cjal-3321	192	16	and	and	CCONJ
cjal-3321	192	17	functional	functional	ADJ
cjal-3321	192	18	approach	approach	NOUN
cjal-3321	192	19	252	252	NUM
cjal-3321	192	20	-	-	SYM
cjal-3321	192	21	56	56	NUM
cjal-3321	192	22	(	(	PUNCT
cjal-3321	192	23	2009	2009	NUM
cjal-3321	192	24	)	)	PUNCT
cjal-3321	192	25	.	.	PUNCT
cjal-3321	193	1	35	35	NUM
cjal-3321	194	1	i	i	PRON
cjal-3321	194	2	d.	d.	PROPN
cjal-3321	194	3	36	36	NUM
cjal-3321	194	4	securities	security	NOUN
cjal-3321	194	5	law	law	NOUN
cjal-3321	194	6	,	,	PUNCT
cjal-3321	194	7	supra	supra	PROPN
cjal-3321	194	8	note	note	PROPN
cjal-3321	194	9	15	15	NUM
cjal-3321	194	10	,	,	PUNCT
cjal-3321	194	11	art	art	NOUN
cjal-3321	194	12	.	.	PUNCT
cjal-3321	195	1	96	96	NUM
cjal-3321	195	2	.	.	PUNCT
cjal-3321	196	1	the	the	DET
cjal-3321	196	2	efficacy	efficacy	NOUN
cjal-3321	196	3	of	of	ADP
cjal-3321	196	4	chinese	chinese	ADJ
cjal-3321	196	5	takeover	takeover	NOUN
cjal-3321	196	6	laws	law	NOUN
cjal-3321	196	7	19o	19o	NUM
cjal-3321	196	8	bidder	bidder	VERB
cjal-3321	196	9	to	to	PART
cjal-3321	196	10	decide	decide	VERB
cjal-3321	196	11	whether	whether	SCONJ
cjal-3321	196	12	to	to	PART
cjal-3321	196	13	issue	issue	VERB
cjal-3321	196	14	a	a	DET
cjal-3321	196	15	unanimous	unanimous	ADJ
cjal-3321	196	16	or	or	CCONJ
cjal-3321	196	17	partial	partial	ADJ
cjal-3321	196	18	offer	offer	NOUN
cjal-3321	196	19	when	when	SCONJ
cjal-3321	196	20	it	it	PRON
cjal-3321	196	21	purchases	purchase	VERB
cjal-3321	196	22	30	30	NUM
cjal-3321	196	23	%	%	NOUN
cjal-3321	196	24	or	or	CCONJ
cjal-3321	196	25	more	more	ADJ
cjal-3321	196	26	shares	share	NOUN
cjal-3321	196	27	of	of	ADP
cjal-3321	196	28	a	a	DET
cjal-3321	196	29	target	target	NOUN
cjal-3321	196	30	by	by	ADP
cjal-3321	196	31	either	either	CCONJ
cjal-3321	196	32	private	private	ADJ
cjal-3321	196	33	agreement	agreement	NOUN
cjal-3321	196	34	or	or	CCONJ
cjal-3321	196	35	open	open	ADJ
cjal-3321	196	36	market	market	NOUN
cjal-3321	196	37	purchase	purchase	NOUN
cjal-3321	196	38	.	.	PUNCT
cjal-3321	197	1	the	the	DET
cjal-3321	197	2	rule	rule	NOUN
cjal-3321	197	3	remains	remain	VERB
cjal-3321	197	4	the	the	DET
cjal-3321	197	5	same	same	ADJ
cjal-3321	197	6	under	under	ADP
cjal-3321	197	7	the	the	DET
cjal-3321	197	8	measures	measure	NOUN
cjal-3321	197	9	for	for	ADP
cjal-3321	197	10	acquisitions	acquisition	NOUN
cjal-3321	197	11	in	in	ADP
cjal-3321	197	12	the	the	DET
cjal-3321	197	13	open	open	ADJ
cjal-3321	197	14	market	market	NOUN
cjal-3321	197	15	,	,	PUNCT
cjal-3321	197	16	but	but	CCONJ
cjal-3321	197	17	not	not	PART
cjal-3321	197	18	by	by	ADP
cjal-3321	197	19	private	private	ADJ
cjal-3321	197	20	agreement	agreement	NOUN
cjal-3321	197	21	.	.	PUNCT
cjal-3321	198	1	under	under	ADP
cjal-3321	198	2	article	article	NOUN
cjal-3321	198	3	24	24	NUM
cjal-3321	198	4	of	of	ADP
cjal-3321	198	5	the	the	DET
cjal-3321	198	6	measures	measure	NOUN
cjal-3321	198	7	,	,	PUNCT
cjal-3321	198	8	when	when	SCONJ
cjal-3321	198	9	a	a	DET
cjal-3321	198	10	bidder	bidder	NOUN
cjal-3321	198	11	purchases	purchase	VERB
cjal-3321	198	12	stock	stock	NOUN
cjal-3321	198	13	in	in	ADP
cjal-3321	198	14	the	the	DET
cjal-3321	198	15	open	open	ADJ
cjal-3321	198	16	market	market	NOUN
cjal-3321	198	17	and	and	CCONJ
cjal-3321	198	18	its	its	PRON
cjal-3321	198	19	holding	holding	NOUN
cjal-3321	198	20	reaches	reach	VERB
cjal-3321	198	21	30	30	NUM
cjal-3321	198	22	%	%	NOUN
cjal-3321	198	23	of	of	ADP
cjal-3321	198	24	the	the	DET
cjal-3321	198	25	target	target	NOUN
cjal-3321	198	26	's	's	PART
cjal-3321	198	27	shares	share	NOUN
cjal-3321	198	28	,	,	PUNCT
cjal-3321	198	29	it	it	PRON
cjal-3321	198	30	may	may	AUX
cjal-3321	198	31	also	also	ADV
cjal-3321	198	32	choose	choose	VERB
cjal-3321	198	33	to	to	PART
cjal-3321	198	34	issue	issue	VERB
cjal-3321	198	35	a	a	DET
cjal-3321	198	36	general	general	ADJ
cjal-3321	198	37	or	or	CCONJ
cjal-3321	198	38	partial	partial	ADJ
cjal-3321	198	39	tender	tender	NOUN
cjal-3321	198	40	offer.3	offer.3	NOUN
cjal-3321	198	41	but	but	CCONJ
cjal-3321	198	42	for	for	ADP
cjal-3321	198	43	a	a	DET
cjal-3321	198	44	bidder	bidder	NOUN
cjal-3321	198	45	who	who	PRON
cjal-3321	198	46	buys	buy	VERB
cjal-3321	198	47	30	30	NUM
cjal-3321	198	48	%	%	NOUN
cjal-3321	198	49	or	or	CCONJ
cjal-3321	198	50	more	more	ADJ
cjal-3321	198	51	of	of	ADP
cjal-3321	198	52	the	the	DET
cjal-3321	198	53	listed	list	VERB
cjal-3321	198	54	company	company	NOUN
cjal-3321	198	55	's	's	PART
cjal-3321	198	56	shares	share	NOUN
cjal-3321	198	57	through	through	ADP
cjal-3321	198	58	private	private	ADJ
cjal-3321	198	59	agreement	agreement	NOUN
cjal-3321	198	60	,	,	PUNCT
cjal-3321	198	61	it	it	PRON
cjal-3321	198	62	must	must	AUX
cjal-3321	198	63	issue	issue	VERB
cjal-3321	198	64	a	a	DET
cjal-3321	198	65	unanimous	unanimous	ADJ
cjal-3321	198	66	tender	tender	NOUN
cjal-3321	198	67	offer	offer	NOUN
cjal-3321	198	68	for	for	ADP
cjal-3321	198	69	all	all	DET
cjal-3321	198	70	outstanding	outstanding	ADJ
cjal-3321	198	71	shares	share	NOUN
cjal-3321	198	72	.	.	PUNCT
cjal-3321	199	1	as	as	SCONJ
cjal-3321	199	2	the	the	DET
cjal-3321	199	3	second	second	ADJ
cjal-3321	199	4	paragraph	paragraph	NOUN
cjal-3321	199	5	of	of	ADP
cjal-3321	199	6	article	article	NOUN
cjal-3321	199	7	47	47	NUM
cjal-3321	199	8	of	of	ADP
cjal-3321	199	9	the	the	DET
cjal-3321	199	10	measures	measure	NOUN
cjal-3321	199	11	states	state	VERB
cjal-3321	199	12	:	:	PUNCT
cjal-3321	199	13	if	if	SCONJ
cjal-3321	199	14	a	a	DET
cjal-3321	199	15	purchaser	purchaser	NOUN
cjal-3321	199	16	plans	plan	VERB
cjal-3321	199	17	to	to	PART
cjal-3321	199	18	purchase	purchase	VERB
cjal-3321	199	19	more	more	ADJ
cjal-3321	199	20	than	than	ADP
cjal-3321	199	21	30	30	NUM
cjal-3321	199	22	%	%	NOUN
cjal-3321	199	23	of	of	ADP
cjal-3321	199	24	the	the	DET
cjal-3321	199	25	shares	share	NOUN
cjal-3321	199	26	of	of	ADP
cjal-3321	199	27	a	a	DET
cjal-3321	199	28	listed	list	VERB
cjal-3321	199	29	company	company	NOUN
cjal-3321	199	30	by	by	ADP
cjal-3321	199	31	agreement	agreement	NOUN
cjal-3321	199	32	,	,	PUNCT
cjal-3321	199	33	the	the	DET
cjal-3321	199	34	part	part	NOUN
cjal-3321	199	35	of	of	ADP
cjal-3321	199	36	shares	share	NOUN
cjal-3321	199	37	that	that	PRON
cjal-3321	199	38	exceed	exceed	VERB
cjal-3321	199	39	the	the	DET
cjal-3321	199	40	said	say	VERB
cjal-3321	199	41	30	30	NUM
cjal-3321	199	42	%	%	NOUN
cjal-3321	199	43	shall	shall	AUX
cjal-3321	199	44	be	be	AUX
cjal-3321	199	45	purchased	purchase	VERB
cjal-3321	199	46	by	by	ADP
cjal-3321	199	47	means	mean	NOUN
cjal-3321	199	48	of	of	ADP
cjal-3321	199	49	tender	tender	ADJ
cjal-3321	199	50	offer	offer	NOUN
cjal-3321	199	51	....	....	PUNCT
cjal-3321	200	1	[	[	X
cjal-3321	200	2	i]f	i]f	ADP
cjal-3321	200	3	the	the	DET
cjal-3321	200	4	purchaser	purchaser	NOUN
cjal-3321	200	5	fails	fail	VERB
cjal-3321	200	6	to	to	PART
cjal-3321	200	7	obtain	obtain	VERB
cjal-3321	200	8	the	the	DET
cjal-3321	200	9	exemption	exemption	NOUN
cjal-3321	200	10	of	of	ADP
cjal-3321	200	11	the	the	DET
cjal-3321	200	12	csrc	csrc	NOUN
cjal-3321	200	13	and	and	CCONJ
cjal-3321	200	14	plans	plan	VERB
cjal-3321	200	15	to	to	PART
cjal-3321	200	16	continue	continue	VERB
cjal-3321	200	17	fulfilling	fulfil	VERB
cjal-3321	200	18	the	the	DET
cjal-3321	200	19	takeover	takeover	NOUN
cjal-3321	200	20	agreement	agreement	NOUN
cjal-3321	200	21	,	,	PUNCT
cjal-3321	200	22	or	or	CCONJ
cjal-3321	200	23	fails	fail	VERB
cjal-3321	200	24	to	to	PART
cjal-3321	200	25	apply	apply	VERB
cjal-3321	200	26	for	for	ADP
cjal-3321	200	27	exemption	exemption	NOUN
cjal-3321	200	28	,	,	PUNCT
cjal-3321	200	29	the	the	DET
cjal-3321	200	30	purchaser	purchaser	NOUN
cjal-3321	200	31	shall	shall	AUX
cjal-3321	200	32	make	make	VERB
cjal-3321	200	33	a	a	DET
cjal-3321	200	34	general	general	ADJ
cjal-3321	200	35	tender	tender	NOUN
cjal-3321	200	36	offer	offer	NOUN
cjal-3321	200	37	before	before	SCONJ
cjal-3321	200	38	the	the	DET
cjal-3321	200	39	takeover	takeover	NOUN
cjal-3321	200	40	agreement	agreement	NOUN
cjal-3321	200	41	is	be	AUX
cjal-3321	200	42	fulfilled	fulfil	VERB
cjal-3321	200	43	.	.	PUNCT
cjal-3321	201	1	38	38	NUM
cjal-3321	201	2	despite	despite	SCONJ
cjal-3321	201	3	this	this	DET
cjal-3321	201	4	inconsistency	inconsistency	NOUN
cjal-3321	201	5	between	between	ADP
cjal-3321	201	6	article	article	NOUN
cjal-3321	201	7	96	96	NUM
cjal-3321	201	8	of	of	ADP
cjal-3321	201	9	the	the	DET
cjal-3321	201	10	securities	security	NOUN
cjal-3321	201	11	law	law	NOUN
cjal-3321	201	12	and	and	CCONJ
cjal-3321	201	13	article	article	NOUN
cjal-3321	201	14	47	47	NUM
cjal-3321	201	15	of	of	ADP
cjal-3321	201	16	the	the	DET
cjal-3321	201	17	measures	measure	NOUN
cjal-3321	201	18	in	in	ADP
cjal-3321	201	19	their	their	PRON
cjal-3321	201	20	treatment	treatment	NOUN
cjal-3321	201	21	of	of	ADP
cjal-3321	201	22	private	private	ADJ
cjal-3321	201	23	agreements	agreement	NOUN
cjal-3321	201	24	,	,	PUNCT
cjal-3321	201	25	market	market	NOUN
cjal-3321	201	26	practice	practice	NOUN
cjal-3321	201	27	follows	follow	VERB
cjal-3321	201	28	the	the	DET
cjal-3321	201	29	measures	measure	NOUN
cjal-3321	201	30	given	give	VERB
cjal-3321	201	31	the	the	DET
cjal-3321	201	32	csrc	csrc	NOUN
cjal-3321	201	33	's	's	PART
cjal-3321	201	34	substantial	substantial	ADJ
cjal-3321	201	35	regulatory	regulatory	ADJ
cjal-3321	201	36	and	and	CCONJ
cjal-3321	201	37	enforcement	enforcement	NOUN
cjal-3321	201	38	power	power	NOUN
cjal-3321	201	39	.	.	PUNCT
cjal-3321	202	1	although	although	SCONJ
cjal-3321	202	2	the	the	DET
cjal-3321	202	3	judiciary	judiciary	NOUN
cjal-3321	202	4	has	have	AUX
cjal-3321	202	5	affirmed	affirm	VERB
cjal-3321	202	6	the	the	DET
cjal-3321	202	7	csrc	csrc	NOUN
cjal-3321	202	8	's	's	PART
cjal-3321	202	9	deviation	deviation	NOUN
cjal-3321	202	10	in	in	ADP
cjal-3321	202	11	some	some	DET
cjal-3321	202	12	cases	case	NOUN
cjal-3321	202	13	,	,	PUNCT
cjal-3321	202	14	the	the	DET
cjal-3321	202	15	judiciary	judiciary	NOUN
cjal-3321	202	16	's	's	PART
cjal-3321	202	17	attitude	attitude	NOUN
cjal-3321	202	18	toward	toward	ADP
cjal-3321	202	19	such	such	ADJ
cjal-3321	202	20	conflict	conflict	NOUN
cjal-3321	202	21	is	be	AUX
cjal-3321	202	22	still	still	ADV
cjal-3321	202	23	unclear.39	unclear.39	NOUN
cjal-3321	202	24	b.	b.	PROPN
cjal-3321	203	1	the	the	DET
cjal-3321	203	2	exemption	exemption	NOUN
cjal-3321	203	3	pursuant	pursuant	ADJ
cjal-3321	203	4	to	to	ADP
cjal-3321	203	5	the	the	DET
cjal-3321	203	6	securities	security	NOUN
cjal-3321	203	7	law	law	NOUN
cjal-3321	203	8	and	and	CCONJ
cjal-3321	203	9	the	the	DET
cjal-3321	203	10	measures	measure	NOUN
cjal-3321	203	11	,	,	PUNCT
cjal-3321	203	12	a	a	DET
cjal-3321	203	13	purchaser	purchaser	NOUN
cjal-3321	203	14	may	may	AUX
cjal-3321	203	15	apply	apply	VERB
cjal-3321	203	16	for	for	ADP
cjal-3321	203	17	an	an	DET
cjal-3321	203	18	exemption	exemption	NOUN
cjal-3321	203	19	from	from	ADP
cjal-3321	203	20	the	the	DET
cjal-3321	203	21	mandatory	mandatory	ADJ
cjal-3321	203	22	bid	bid	NOUN
cjal-3321	203	23	rule	rule	NOUN
cjal-3321	203	24	with	with	ADP
cjal-3321	203	25	the	the	DET
cjal-3321	203	26	csrc	csrc	NOUN
cjal-3321	203	27	.	.	PUNCT
cjal-3321	204	1	the	the	DET
cjal-3321	204	2	exemption	exemption	NOUN
cjal-3321	204	3	increases	increase	VERB
cjal-3321	204	4	the	the	DET
cjal-3321	204	5	flexibility	flexibility	NOUN
cjal-3321	204	6	of	of	ADP
cjal-3321	204	7	mandatory	mandatory	ADJ
cjal-3321	204	8	bid	bid	NOUN
cjal-3321	204	9	rule	rule	NOUN
cjal-3321	204	10	and	and	CCONJ
cjal-3321	204	11	enhances	enhance	VERB
cjal-3321	204	12	the	the	DET
cjal-3321	204	13	csrc	csrc	NOUN
cjal-3321	204	14	's	's	PART
cjal-3321	204	15	regulatory	regulatory	ADJ
cjal-3321	204	16	and	and	CCONJ
cjal-3321	204	17	administrative	administrative	ADJ
cjal-3321	204	18	power	power	NOUN
cjal-3321	204	19	.	.	PUNCT
cjal-3321	205	1	at	at	ADP
cjal-3321	205	2	the	the	DET
cjal-3321	205	3	same	same	ADJ
cjal-3321	205	4	time	time	NOUN
cjal-3321	205	5	,	,	PUNCT
cjal-3321	205	6	several	several	ADJ
cjal-3321	205	7	criteria	criterion	NOUN
cjal-3321	205	8	must	must	AUX
cjal-3321	205	9	be	be	AUX
cjal-3321	205	10	satisfied	satisfied	ADJ
cjal-3321	205	11	for	for	SCONJ
cjal-3321	205	12	the	the	DET
cjal-3321	205	13	exemption	exemption	NOUN
cjal-3321	205	14	to	to	PART
cjal-3321	205	15	apply	apply	VERB
cjal-3321	205	16	,	,	PUNCT
cjal-3321	205	17	which	which	PRON
cjal-3321	205	18	in	in	ADP
cjal-3321	205	19	turn	turn	NOUN
cjal-3321	205	20	seemingly	seemingly	ADV
cjal-3321	205	21	limits	limit	VERB
cjal-3321	205	22	the	the	DET
cjal-3321	205	23	csrc	csrc	NOUN
cjal-3321	205	24	's	's	PART
cjal-3321	205	25	discretion	discretion	NOUN
cjal-3321	205	26	.	.	PUNCT
cjal-3321	206	1	4	4	NUM
cjal-3321	206	2	°	°	NOUN
cjal-3321	206	3	31	31	NUM
cjal-3321	206	4	measures	measure	NOUN
cjal-3321	206	5	for	for	ADP
cjal-3321	206	6	administration	administration	NOUN
cjal-3321	206	7	of	of	ADP
cjal-3321	206	8	takeovers	takeover	NOUN
cjal-3321	206	9	,	,	PUNCT
cjal-3321	206	10	supra	supra	PROPN
cjal-3321	206	11	note	note	NOUN
cjal-3321	206	12	6	6	NUM
cjal-3321	206	13	,	,	PUNCT
cjal-3321	206	14	art	art	NOUN
cjal-3321	206	15	.	.	PUNCT
cjal-3321	207	1	24	24	NUM
cjal-3321	207	2	.	.	X
cjal-3321	208	1	38	38	NUM
cjal-3321	209	1	i	i	PROPN
cjal-3321	209	2	d.	d.	PROPN
cjal-3321	209	3	art	art	NOUN
cjal-3321	209	4	.	.	PUNCT
cjal-3321	210	1	47	47	NUM
cjal-3321	210	2	.	.	NOUN
cjal-3321	211	1	3	3	X
cjal-3321	211	2	'	'	PUNCT
cjal-3321	211	3	the	the	DET
cjal-3321	211	4	chinese	chinese	ADJ
cjal-3321	211	5	judiciary	judiciary	NOUN
cjal-3321	211	6	has	have	AUX
cjal-3321	211	7	never	never	ADV
cjal-3321	211	8	ruled	rule	VERB
cjal-3321	211	9	in	in	ADP
cjal-3321	211	10	any	any	DET
cjal-3321	211	11	judgment	judgment	NOUN
cjal-3321	211	12	that	that	SCONJ
cjal-3321	211	13	the	the	DET
cjal-3321	211	14	csrc	csrc	NOUN
cjal-3321	211	15	crossed	cross	VERB
cjal-3321	211	16	the	the	DET
cjal-3321	211	17	line	line	NOUN
cjal-3321	211	18	in	in	ADP
cjal-3321	211	19	its	its	PRON
cjal-3321	211	20	treatment	treatment	NOUN
cjal-3321	211	21	of	of	ADP
cjal-3321	211	22	the	the	DET
cjal-3321	211	23	mandatory	mandatory	ADJ
cjal-3321	211	24	bid	bid	NOUN
cjal-3321	211	25	rule	rule	NOUN
cjal-3321	211	26	.	.	PUNCT
cjal-3321	212	1	however	however	ADV
cjal-3321	212	2	,	,	PUNCT
cjal-3321	212	3	in	in	ADP
cjal-3321	212	4	theory	theory	NOUN
cjal-3321	212	5	,	,	PUNCT
cjal-3321	212	6	since	since	SCONJ
cjal-3321	212	7	the	the	DET
cjal-3321	212	8	csrc	csrc	NOUN
cjal-3321	212	9	's	's	PART
cjal-3321	212	10	regulatory	regulatory	ADJ
cjal-3321	212	11	power	power	NOUN
cjal-3321	212	12	derives	derive	VERB
cjal-3321	212	13	from	from	ADP
cjal-3321	212	14	the	the	DET
cjal-3321	212	15	securities	security	NOUN
cjal-3321	212	16	law	law	NOUN
cjal-3321	212	17	,	,	PUNCT
cjal-3321	212	18	it	it	PRON
cjal-3321	212	19	is	be	AUX
cjal-3321	212	20	illegal	illegal	ADJ
cjal-3321	212	21	for	for	SCONJ
cjal-3321	212	22	the	the	DET
cjal-3321	212	23	csrc	csrc	NOUN
cjal-3321	212	24	to	to	PART
cjal-3321	212	25	deviate	deviate	VERB
cjal-3321	212	26	from	from	ADP
cjal-3321	212	27	what	what	PRON
cjal-3321	212	28	the	the	DET
cjal-3321	212	29	securities	security	NOUN
cjal-3321	212	30	law	law	NOUN
cjal-3321	212	31	stipulates	stipulate	VERB
cjal-3321	212	32	and	and	CCONJ
cjal-3321	212	33	promulgate	promulgate	VERB
cjal-3321	212	34	rules	rule	NOUN
cjal-3321	212	35	that	that	PRON
cjal-3321	212	36	conflict	conflict	NOUN
cjal-3321	212	37	with	with	ADP
cjal-3321	212	38	the	the	DET
cjal-3321	212	39	statutory	statutory	ADJ
cjal-3321	212	40	text	text	NOUN
cjal-3321	212	41	.	.	PUNCT
cjal-3321	213	1	40	40	NUM
cjal-3321	213	2	see	see	VERB
cjal-3321	213	3	securities	security	NOUN
cjal-3321	213	4	law	law	NOUN
cjal-3321	213	5	,	,	PUNCT
cjal-3321	213	6	supra	supra	PROPN
cjal-3321	213	7	note	note	PROPN
cjal-3321	213	8	15	15	NUM
cjal-3321	213	9	,	,	PUNCT
cjal-3321	213	10	art	art	NOUN
cjal-3321	213	11	.	.	PUNCT
cjal-3321	214	1	96	96	NUM
cjal-3321	214	2	;	;	PUNCT
cjal-3321	214	3	measures	measure	NOUN
cjal-3321	214	4	for	for	ADP
cjal-3321	214	5	administration	administration	NOUN
cjal-3321	214	6	of	of	ADP
cjal-3321	214	7	takeovers	takeover	NOUN
cjal-3321	214	8	,	,	PUNCT
cjal-3321	214	9	supra	supra	PROPN
cjal-3321	214	10	note	note	NOUN
cjal-3321	214	11	6	6	NUM
cjal-3321	214	12	,	,	PUNCT
cjal-3321	214	13	arts	art	NOUN
cjal-3321	214	14	.	.	PUNCT
cjal-3321	215	1	47	47	NUM
cjal-3321	215	2	,	,	PUNCT
cjal-3321	215	3	62	62	NUM
cjal-3321	215	4	-	-	SYM
cjal-3321	215	5	64	64	NUM
cjal-3321	215	6	.	.	PUNCT
cjal-3321	216	1	191	191	NUM
cjal-3321	216	2	columbia	columbia	PROPN
cjal-3321	216	3	journal	journal	PROPN
cjal-3321	216	4	ofasian	ofasian	ADJ
cjal-3321	216	5	law	law	NOUN
cjal-3321	216	6	;	;	PUNCT
cjal-3321	216	7	vol	vol	NOUN
cjal-3321	216	8	.	.	PROPN
cjal-3321	216	9	25	25	NUM
cjal-3321	216	10	,	,	PUNCT
cjal-3321	216	11	no	no	INTJ
cjal-3321	216	12	.	.	NOUN
cjal-3321	216	13	2	2	NUM
cjal-3321	216	14	(	(	PUNCT
cjal-3321	216	15	2012	2012	NUM
cjal-3321	216	16	)	)	PUNCT
cjal-3321	216	17	article	article	NOUN
cjal-3321	216	18	96	96	NUM
cjal-3321	216	19	of	of	ADP
cjal-3321	216	20	the	the	DET
cjal-3321	216	21	securities	security	NOUN
cjal-3321	216	22	law	law	NOUN
cjal-3321	216	23	grants	grant	VERB
cjal-3321	216	24	the	the	DET
cjal-3321	216	25	csrc	csrc	PROPN
cjal-3321	216	26	authority	authority	NOUN
cjal-3321	216	27	to	to	PART
cjal-3321	216	28	determine	determine	VERB
cjal-3321	216	29	when	when	SCONJ
cjal-3321	216	30	and	and	CCONJ
cjal-3321	216	31	how	how	SCONJ
cjal-3321	216	32	to	to	PART
cjal-3321	216	33	exempt	exempt	VERB
cjal-3321	216	34	a	a	DET
cjal-3321	216	35	bidder	bidder	NOUN
cjal-3321	216	36	from	from	ADP
cjal-3321	216	37	the	the	DET
cjal-3321	216	38	mandatory	mandatory	ADJ
cjal-3321	216	39	bid	bid	NOUN
cjal-3321	216	40	rule.4	rule.4	PROPN
cjal-3321	216	41	the	the	DET
cjal-3321	216	42	csrc	csrc	NOUN
cjal-3321	216	43	has	have	AUX
cjal-3321	216	44	promulgated	promulgate	VERB
cjal-3321	216	45	two	two	NUM
cjal-3321	216	46	types	type	NOUN
cjal-3321	216	47	of	of	ADP
cjal-3321	216	48	exemption	exemption	NOUN
cjal-3321	216	49	procedure	procedure	NOUN
cjal-3321	216	50	in	in	ADP
cjal-3321	216	51	the	the	DET
cjal-3321	216	52	measures	measure	NOUN
cjal-3321	216	53	.	.	PUNCT
cjal-3321	217	1	the	the	DET
cjal-3321	217	2	first	first	ADJ
cjal-3321	217	3	option	option	NOUN
cjal-3321	217	4	allows	allow	VERB
cjal-3321	217	5	a	a	DET
cjal-3321	217	6	purchaser	purchaser	NOUN
cjal-3321	217	7	to	to	PART
cjal-3321	217	8	apply	apply	VERB
cjal-3321	217	9	for	for	ADP
cjal-3321	217	10	an	an	DET
cjal-3321	217	11	exemption	exemption	NOUN
cjal-3321	217	12	through	through	ADP
cjal-3321	217	13	a	a	DET
cjal-3321	217	14	summary	summary	NOUN
cjal-3321	217	15	procedure	procedure	NOUN
cjal-3321	217	16	under	under	ADP
cjal-3321	217	17	article	article	NOUN
cjal-3321	217	18	63	63	NUM
cjal-3321	217	19	,	,	PUNCT
cjal-3321	217	20	with	with	ADP
cjal-3321	217	21	the	the	DET
cjal-3321	217	22	decision	decision	NOUN
cjal-3321	217	23	to	to	PART
cjal-3321	217	24	be	be	AUX
cjal-3321	217	25	made	make	VERB
cjal-3321	217	26	within	within	ADP
cjal-3321	217	27	five	five	NUM
cjal-3321	217	28	days.4	days.4	NOUN
cjal-3321	217	29	to	to	PART
cjal-3321	217	30	qualify	qualify	VERB
cjal-3321	217	31	for	for	ADP
cjal-3321	217	32	the	the	DET
cjal-3321	217	33	exemption	exemption	NOUN
cjal-3321	217	34	under	under	ADP
cjal-3321	217	35	article	article	NOUN
cjal-3321	217	36	63	63	NUM
cjal-3321	217	37	,	,	PUNCT
cjal-3321	217	38	the	the	DET
cjal-3321	217	39	purchaser	purchaser	NOUN
cjal-3321	217	40	must	must	AUX
cjal-3321	217	41	have	have	AUX
cjal-3321	217	42	acquired	acquire	VERB
cjal-3321	217	43	the	the	DET
cjal-3321	217	44	shares	share	NOUN
cjal-3321	217	45	without	without	ADP
cjal-3321	217	46	takeover	takeover	NOUN
cjal-3321	217	47	intent.43	intent.43	NOUN
cjal-3321	217	48	this	this	DET
cjal-3321	217	49	element	element	NOUN
cjal-3321	217	50	can	can	AUX
cjal-3321	217	51	be	be	AUX
cjal-3321	217	52	easily	easily	ADV
cjal-3321	217	53	satisfied	satisfied	ADJ
cjal-3321	217	54	if	if	SCONJ
cjal-3321	217	55	the	the	DET
cjal-3321	217	56	shares	share	NOUN
cjal-3321	217	57	are	be	AUX
cjal-3321	217	58	inherited	inherit	VERB
cjal-3321	217	59	pursuant	pursuant	ADV
cjal-3321	217	60	to	to	ADP
cjal-3321	217	61	inheritance	inheritance	NOUN
cjal-3321	217	62	laws	law	NOUN
cjal-3321	217	63	or	or	CCONJ
cjal-3321	217	64	through	through	ADP
cjal-3321	217	65	a	a	DET
cjal-3321	217	66	merger	merger	NOUN
cjal-3321	217	67	between	between	ADP
cjal-3321	217	68	soes	soe	NOUN
cjal-3321	217	69	ratified	ratify	VERB
cjal-3321	217	70	by	by	ADP
cjal-3321	217	71	the	the	DET
cjal-3321	217	72	soasac	soasac	NOUN
cjal-3321	217	73	.	.	PUNCT
cjal-3321	217	74	"	"	PUNCT
cjal-3321	218	1	if	if	SCONJ
cjal-3321	218	2	the	the	DET
cjal-3321	218	3	bidder	bidder	NOUN
cjal-3321	218	4	is	be	AUX
cjal-3321	218	5	denied	deny	VERB
cjal-3321	218	6	exemption	exemption	NOUN
cjal-3321	218	7	under	under	ADP
cjal-3321	218	8	article	article	NOUN
cjal-3321	218	9	63	63	NUM
cjal-3321	218	10	,	,	PUNCT
cjal-3321	218	11	a	a	DET
cjal-3321	218	12	second	second	ADJ
cjal-3321	218	13	option	option	NOUN
cjal-3321	218	14	is	be	AUX
cjal-3321	218	15	available	available	ADJ
cjal-3321	218	16	under	under	ADP
cjal-3321	218	17	the	the	DET
cjal-3321	218	18	regular	regular	ADJ
cjal-3321	218	19	procedure	procedure	NOUN
cjal-3321	218	20	of	of	ADP
cjal-3321	218	21	article	article	NOUN
cjal-3321	218	22	62	62	NUM
cjal-3321	218	23	.	.	PUNCT
cjal-3321	218	24	"	"	PUNCT
cjal-3321	219	1	article	article	NOUN
cjal-3321	219	2	62	62	NUM
cjal-3321	219	3	applies	apply	VERB
cjal-3321	219	4	to	to	ADP
cjal-3321	219	5	more	more	ADV
cjal-3321	219	6	complicated	complicated	ADJ
cjal-3321	219	7	situations	situation	NOUN
cjal-3321	219	8	,	,	PUNCT
cjal-3321	219	9	some	some	PRON
cjal-3321	219	10	of	of	ADP
cjal-3321	219	11	which	which	PRON
cjal-3321	219	12	could	could	AUX
cjal-3321	219	13	be	be	AUX
cjal-3321	219	14	resolved	resolve	VERB
cjal-3321	219	15	in	in	ADP
cjal-3321	219	16	a	a	DET
cjal-3321	219	17	shareholder	shareholder	NOUN
cjal-3321	219	18	general	general	ADJ
cjal-3321	219	19	meeting	meeting	NOUN
cjal-3321	219	20	to	to	PART
cjal-3321	219	21	finance	finance	VERB
cjal-3321	219	22	a	a	DET
cjal-3321	219	23	floundering	flounder	VERB
cjal-3321	219	24	business	business	NOUN
cjal-3321	219	25	.	.	PUNCT
cjal-3321	220	1	6	6	NUM
cjal-3321	220	2	the	the	DET
cjal-3321	220	3	decision	decision	NOUN
cjal-3321	220	4	of	of	ADP
cjal-3321	220	5	the	the	DET
cjal-3321	220	6	regular	regular	ADJ
cjal-3321	220	7	exemption	exemption	NOUN
cjal-3321	220	8	should	should	AUX
cjal-3321	220	9	be	be	AUX
cjal-3321	220	10	rendered	render	VERB
cjal-3321	220	11	within	within	ADP
cjal-3321	220	12	2o	2o	ADJ
cjal-3321	220	13	days	day	NOUN
cjal-3321	220	14	.	.	PUNCT
cjal-3321	221	1	however	however	ADV
cjal-3321	221	2	,	,	PUNCT
cjal-3321	221	3	if	if	SCONJ
cjal-3321	221	4	the	the	DET
cjal-3321	221	5	purchaser	purchaser	NOUN
cjal-3321	221	6	intends	intend	VERB
cjal-3321	221	7	take	take	VERB
cjal-3321	221	8	over	over	ADP
cjal-3321	221	9	the	the	DET
cjal-3321	221	10	company	company	NOUN
cjal-3321	221	11	,	,	PUNCT
cjal-3321	221	12	it	it	PRON
cjal-3321	221	13	would	would	AUX
cjal-3321	221	14	not	not	PART
cjal-3321	221	15	qualify	qualify	VERB
cjal-3321	221	16	for	for	ADP
cjal-3321	221	17	an	an	DET
cjal-3321	221	18	exemption	exemption	NOUN
cjal-3321	221	19	under	under	ADP
cjal-3321	221	20	article	article	NOUN
cjal-3321	221	21	62	62	NUM
cjal-3321	221	22	even	even	ADV
cjal-3321	221	23	if	if	SCONJ
cjal-3321	221	24	the	the	DET
cjal-3321	221	25	company	company	NOUN
cjal-3321	221	26	is	be	AUX
cjal-3321	221	27	in	in	ADP
cjal-3321	221	28	serious	serious	ADJ
cjal-3321	221	29	financial	financial	ADJ
cjal-3321	221	30	difficulties	difficulty	NOUN
cjal-3321	221	31	and	and	CCONJ
cjal-3321	221	32	the	the	DET
cjal-3321	221	33	purchaser	purchaser	NOUN
cjal-3321	221	34	intends	intend	VERB
cjal-3321	221	35	to	to	PART
cjal-3321	221	36	reorganize	reorganize	VERB
cjal-3321	221	37	and	and	CCONJ
cjal-3321	221	38	finance	finance	VERB
cjal-3321	221	39	it	it	PRON
cjal-3321	221	40	.	.	PUNCT
cjal-3321	222	1	3	3	X
cjal-3321	222	2	.	.	X
cjal-3321	222	3	privatization	privatization	NOUN
cjal-3321	222	4	and	and	CCONJ
cjal-3321	222	5	squeeze	squeeze	NOUN
cjal-3321	222	6	-	-	PUNCT
cjal-3321	222	7	out	out	NOUN
cjal-3321	222	8	under	under	ADP
cjal-3321	222	9	the	the	DET
cjal-3321	222	10	securities	security	NOUN
cjal-3321	222	11	law	law	NOUN
cjal-3321	222	12	,	,	PUNCT
cjal-3321	222	13	when	when	SCONJ
cjal-3321	222	14	a	a	DET
cjal-3321	222	15	purchaser	purchaser	NOUN
cjal-3321	222	16	acquires	acquire	VERB
cjal-3321	222	17	more	more	ADJ
cjal-3321	222	18	than	than	ADP
cjal-3321	222	19	75	75	NUM
cjal-3321	222	20	%	%	NOUN
cjal-3321	222	21	of	of	ADP
cjal-3321	222	22	the	the	DET
cjal-3321	222	23	target	target	NOUN
cjal-3321	222	24	's	's	PART
cjal-3321	222	25	outstanding	outstanding	ADJ
cjal-3321	222	26	shares	share	NOUN
cjal-3321	222	27	,	,	PUNCT
cjal-3321	222	28	the	the	DET
cjal-3321	222	29	company	company	NOUN
cjal-3321	222	30	's	's	PART
cjal-3321	222	31	stock	stock	NOUN
cjal-3321	222	32	must	must	AUX
cjal-3321	222	33	be	be	AUX
cjal-3321	222	34	delisted	delist	VERB
cjal-3321	222	35	.	.	PUNCT
cjal-3321	223	1	47	47	NUM
cjal-3321	223	2	4	4	NUM
cjal-3321	223	3	,	,	PUNCT
cjal-3321	223	4	securities	security	NOUN
cjal-3321	223	5	law	law	NOUN
cjal-3321	223	6	,	,	PUNCT
cjal-3321	223	7	supra	supra	PROPN
cjal-3321	223	8	note	note	PROPN
cjal-3321	223	9	15	15	NUM
cjal-3321	223	10	,	,	PUNCT
cjal-3321	223	11	art	art	NOUN
cjal-3321	223	12	.	.	PUNCT
cjal-3321	224	1	96	96	NUM
cjal-3321	224	2	.	.	X
cjal-3321	224	3	42	42	NUM
cjal-3321	224	4	measures	measure	NOUN
cjal-3321	224	5	for	for	ADP
cjal-3321	224	6	administration	administration	NOUN
cjal-3321	224	7	of	of	ADP
cjal-3321	224	8	takeovers	takeover	NOUN
cjal-3321	224	9	,	,	PUNCT
cjal-3321	224	10	supra	supra	PROPN
cjal-3321	224	11	note	note	NOUN
cjal-3321	224	12	6	6	NUM
cjal-3321	224	13	,	,	PUNCT
cjal-3321	224	14	art	art	NOUN
cjal-3321	224	15	.	.	PUNCT
cjal-3321	225	1	63	63	NUM
cjal-3321	225	2	.	.	X
cjal-3321	226	1	43	43	NUM
cjal-3321	227	1	i	i	PRON
cjal-3321	227	2	d.	d.	PROPN
cjal-3321	227	3	44	44	NUM
cjal-3321	227	4	tu	tu	PROPN
cjal-3321	227	5	,	,	PUNCT
cjal-3321	227	6	supra	supra	PROPN
cjal-3321	227	7	note	note	NOUN
cjal-3321	227	8	8	8	NUM
cjal-3321	227	9	.	.	PUNCT
cjal-3321	228	1	"	"	PUNCT
cjal-3321	228	2	5	5	NUM
cjal-3321	228	3	measures	measure	NOUN
cjal-3321	228	4	for	for	ADP
cjal-3321	228	5	administration	administration	NOUN
cjal-3321	228	6	of	of	ADP
cjal-3321	228	7	takeovers	takeover	NOUN
cjal-3321	228	8	,	,	PUNCT
cjal-3321	228	9	supra	supra	PROPN
cjal-3321	228	10	note	note	NOUN
cjal-3321	228	11	6	6	NUM
cjal-3321	228	12	,	,	PUNCT
cjal-3321	228	13	art	art	NOUN
cjal-3321	228	14	.	.	PUNCT
cjal-3321	229	1	62	62	NUM
cjal-3321	229	2	.	.	PUNCT
cjal-3321	230	1	46	46	NUM
cjal-3321	230	2	this	this	PRON
cjal-3321	230	3	include	include	VERB
cjal-3321	230	4	situations	situation	NOUN
cjal-3321	230	5	where	where	SCONJ
cjal-3321	230	6	:	:	PUNCT
cjal-3321	230	7	(	(	PUNCT
cjal-3321	230	8	i	i	NOUN
cjal-3321	230	9	)	)	PUNCT
cjal-3321	230	10	the	the	DET
cjal-3321	230	11	purchaser	purchaser	NOUN
cjal-3321	230	12	and	and	CCONJ
cjal-3321	230	13	the	the	DET
cjal-3321	230	14	transferor	transferor	NOUN
cjal-3321	230	15	can	can	AUX
cjal-3321	230	16	prove	prove	VERB
cjal-3321	230	17	that	that	SCONJ
cjal-3321	230	18	the	the	DET
cjal-3321	230	19	transfer	transfer	NOUN
cjal-3321	230	20	has	have	AUX
cjal-3321	230	21	not	not	PART
cjal-3321	230	22	caused	cause	VERB
cjal-3321	230	23	the	the	DET
cjal-3321	230	24	alteration	alteration	NOUN
cjal-3321	230	25	of	of	ADP
cjal-3321	230	26	the	the	DET
cjal-3321	230	27	actual	actual	ADJ
cjal-3321	230	28	controller	controller	NOUN
cjal-3321	230	29	of	of	ADP
cjal-3321	230	30	the	the	DET
cjal-3321	230	31	listed	list	VERB
cjal-3321	230	32	company	company	NOUN
cjal-3321	230	33	;	;	PUNCT
cjal-3321	230	34	(	(	PUNCT
cjal-3321	230	35	2	2	X
cjal-3321	230	36	)	)	PUNCT
cjal-3321	230	37	the	the	DET
cjal-3321	230	38	listed	list	VERB
cjal-3321	230	39	company	company	NOUN
cjal-3321	230	40	is	be	AUX
cjal-3321	230	41	confronted	confront	VERB
cjal-3321	230	42	with	with	ADP
cjal-3321	230	43	serious	serious	ADJ
cjal-3321	230	44	financial	financial	ADJ
cjal-3321	230	45	difficulty	difficulty	NOUN
cjal-3321	230	46	,	,	PUNCT
cjal-3321	230	47	the	the	DET
cjal-3321	230	48	purchaser	purchaser	NOUN
cjal-3321	230	49	has	have	AUX
cjal-3321	230	50	put	put	VERB
cjal-3321	230	51	forward	forward	ADV
cjal-3321	230	52	a	a	DET
cjal-3321	230	53	reorganization	reorganization	NOUN
cjal-3321	230	54	scheme	scheme	NOUN
cjal-3321	230	55	for	for	ADP
cjal-3321	230	56	saving	save	VERB
cjal-3321	230	57	the	the	DET
cjal-3321	230	58	company	company	NOUN
cjal-3321	230	59	and	and	CCONJ
cjal-3321	230	60	obtained	obtain	VERB
cjal-3321	230	61	the	the	DET
cjal-3321	230	62	approval	approval	NOUN
cjal-3321	230	63	of	of	ADP
cjal-3321	230	64	the	the	DET
cjal-3321	230	65	general	general	ADJ
cjal-3321	230	66	assembly	assembly	NOUN
cjal-3321	230	67	of	of	ADP
cjal-3321	230	68	shareholders	shareholder	NOUN
cjal-3321	230	69	of	of	ADP
cjal-3321	230	70	the	the	DET
cjal-3321	230	71	company	company	NOUN
cjal-3321	230	72	,	,	PUNCT
cjal-3321	230	73	and	and	CCONJ
cjal-3321	230	74	the	the	DET
cjal-3321	230	75	purchaser	purchaser	NOUN
cjal-3321	230	76	promises	promise	VERB
cjal-3321	230	77	not	not	PART
cjal-3321	230	78	to	to	PART
cjal-3321	230	79	transfer	transfer	VERB
cjal-3321	230	80	the	the	DET
cjal-3321	230	81	entitlements	entitlement	NOUN
cjal-3321	230	82	it	it	PRON
cjal-3321	230	83	holds	hold	VERB
cjal-3321	230	84	in	in	ADP
cjal-3321	230	85	the	the	DET
cjal-3321	230	86	company	company	NOUN
cjal-3321	230	87	within	within	ADP
cjal-3321	230	88	the	the	DET
cjal-3321	230	89	future	future	ADJ
cjal-3321	230	90	three	three	NUM
cjal-3321	230	91	years	year	NOUN
cjal-3321	230	92	;	;	PUNCT
cjal-3321	230	93	or	or	CCONJ
cjal-3321	230	94	(	(	PUNCT
cjal-3321	230	95	3	3	X
cjal-3321	230	96	)	)	PUNCT
cjal-3321	230	97	the	the	DET
cjal-3321	230	98	purchaser	purchaser	NOUN
cjal-3321	230	99	obtains	obtain	VERB
cjal-3321	230	100	the	the	DET
cjal-3321	230	101	new	new	ADJ
cjal-3321	230	102	shares	share	NOUN
cjal-3321	230	103	issued	issue	VERB
cjal-3321	230	104	to	to	ADP
cjal-3321	230	105	it	it	PRON
cjal-3321	230	106	by	by	ADP
cjal-3321	230	107	the	the	DET
cjal-3321	230	108	listed	list	VERB
cjal-3321	230	109	company	company	NOUN
cjal-3321	230	110	upon	upon	SCONJ
cjal-3321	230	111	the	the	DET
cjal-3321	230	112	approval	approval	NOUN
cjal-3321	230	113	of	of	ADP
cjal-3321	230	114	the	the	DET
cjal-3321	230	115	non	non	ADJ
cjal-3321	230	116	-	-	ADJ
cjal-3321	230	117	related	related	ADJ
cjal-3321	230	118	shareholders	shareholder	NOUN
cjal-3321	230	119	of	of	ADP
cjal-3321	230	120	the	the	DET
cjal-3321	230	121	general	general	ADJ
cjal-3321	230	122	assembly	assembly	NOUN
cjal-3321	230	123	of	of	ADP
cjal-3321	230	124	shareholders	shareholder	NOUN
cjal-3321	230	125	of	of	ADP
cjal-3321	230	126	the	the	DET
cjal-3321	230	127	listed	list	VERB
cjal-3321	230	128	company	company	NOUN
cjal-3321	230	129	,	,	PUNCT
cjal-3321	230	130	which	which	PRON
cjal-3321	230	131	makes	make	VERB
cjal-3321	230	132	the	the	DET
cjal-3321	230	133	shares	share	NOUN
cjal-3321	230	134	whose	whose	DET
cjal-3321	230	135	entitlements	entitlement	NOUN
cjal-3321	230	136	are	be	AUX
cjal-3321	230	137	held	hold	VERB
cjal-3321	230	138	by	by	ADP
cjal-3321	230	139	it	it	PRON
cjal-3321	230	140	in	in	ADP
cjal-3321	230	141	the	the	DET
cjal-3321	230	142	company	company	NOUN
cjal-3321	230	143	exceed	exceed	VERB
cjal-3321	230	144	30	30	NUM
cjal-3321	230	145	%	%	NOUN
cjal-3321	230	146	of	of	ADP
cjal-3321	230	147	the	the	DET
cjal-3321	230	148	issued	issue	VERB
cjal-3321	230	149	shares	share	NOUN
cjal-3321	230	150	of	of	ADP
cjal-3321	230	151	the	the	DET
cjal-3321	230	152	company	company	NOUN
cjal-3321	230	153	,	,	PUNCT
cjal-3321	230	154	and	and	CCONJ
cjal-3321	230	155	the	the	DET
cjal-3321	230	156	purchaser	purchaser	NOUN
cjal-3321	230	157	promises	promise	VERB
cjal-3321	230	158	not	not	PART
cjal-3321	230	159	to	to	PART
cjal-3321	230	160	transfer	transfer	VERB
cjal-3321	230	161	the	the	DET
cjal-3321	230	162	shares	share	NOUN
cjal-3321	230	163	whose	whose	DET
cjal-3321	230	164	entitlements	entitlement	NOUN
cjal-3321	230	165	are	be	AUX
cjal-3321	230	166	held	hold	VERB
cjal-3321	230	167	by	by	ADP
cjal-3321	230	168	it	it	PRON
cjal-3321	230	169	within	within	ADP
cjal-3321	230	170	the	the	DET
cjal-3321	230	171	future	future	ADJ
cjal-3321	230	172	three	three	NUM
cjal-3321	230	173	years	year	NOUN
cjal-3321	230	174	,	,	PUNCT
cjal-3321	230	175	and	and	CCONJ
cjal-3321	230	176	the	the	DET
cjal-3321	230	177	general	general	ADJ
cjal-3321	230	178	assembly	assembly	NOUN
cjal-3321	230	179	of	of	ADP
cjal-3321	230	180	shareholders	shareholder	NOUN
cjal-3321	230	181	of	of	ADP
cjal-3321	230	182	the	the	DET
cjal-3321	230	183	company	company	NOUN
cjal-3321	230	184	agrees	agree	VERB
cjal-3321	230	185	to	to	ADP
cjal-3321	230	186	the	the	DET
cjal-3321	230	187	exemption	exemption	NOUN
cjal-3321	230	188	of	of	ADP
cjal-3321	230	189	making	make	VERB
cjal-3321	230	190	a	a	DET
cjal-3321	230	191	tender	tender	NOUN
cjal-3321	230	192	offer	offer	NOUN
cjal-3321	230	193	.	.	PUNCT
cjal-3321	231	1	it	it	PRON
cjal-3321	231	2	also	also	ADV
cjal-3321	231	3	covers	cover	VERB
cjal-3321	231	4	any	any	DET
cjal-3321	231	5	other	other	ADJ
cjal-3321	231	6	circumstance	circumstance	NOUN
cjal-3321	231	7	as	as	SCONJ
cjal-3321	231	8	recognized	recognize	VERB
cjal-3321	231	9	by	by	ADP
cjal-3321	231	10	the	the	DET
cjal-3321	231	11	csrc	csrc	NOUN
cjal-3321	231	12	for	for	ADP
cjal-3321	231	13	adapting	adapt	VERB
cjal-3321	231	14	to	to	ADP
cjal-3321	231	15	the	the	DET
cjal-3321	231	16	development	development	NOUN
cjal-3321	231	17	and	and	CCONJ
cjal-3321	231	18	alteration	alteration	NOUN
cjal-3321	231	19	of	of	ADP
cjal-3321	231	20	the	the	DET
cjal-3321	231	21	securities	security	NOUN
cjal-3321	231	22	market	market	NOUN
cjal-3321	231	23	or	or	CCONJ
cjal-3321	231	24	the	the	DET
cjal-3321	231	25	requirements	requirement	NOUN
cjal-3321	231	26	for	for	ADP
cjal-3321	231	27	protecting	protect	VERB
cjal-3321	231	28	the	the	DET
cjal-3321	231	29	lawful	lawful	ADJ
cjal-3321	231	30	rights	right	NOUN
cjal-3321	231	31	and	and	CCONJ
cjal-3321	231	32	interests	interest	NOUN
cjal-3321	231	33	of	of	ADP
cjal-3321	231	34	investors	investor	NOUN
cjal-3321	231	35	.	.	PUNCT
cjal-3321	232	1	i	i	PRON
cjal-3321	232	2	d.	d.	PROPN
cjal-3321	232	3	17	17	NUM
cjal-3321	232	4	this	this	DET
cjal-3321	232	5	issue	issue	NOUN
cjal-3321	232	6	is	be	AUX
cjal-3321	232	7	still	still	ADV
cjal-3321	232	8	controversial	controversial	ADJ
cjal-3321	232	9	.	.	PUNCT
cjal-3321	233	1	such	such	ADJ
cjal-3321	233	2	divergence	divergence	NOUN
cjal-3321	233	3	is	be	AUX
cjal-3321	233	4	created	create	VERB
cjal-3321	233	5	by	by	ADP
cjal-3321	233	6	different	different	ADJ
cjal-3321	233	7	understandings	understanding	NOUN
cjal-3321	233	8	of	of	ADP
cjal-3321	233	9	article	article	NOUN
cjal-3321	233	10	50	50	NUM
cjal-3321	233	11	of	of	ADP
cjal-3321	233	12	the	the	DET
cjal-3321	233	13	securities	security	NOUN
cjal-3321	233	14	law	law	NOUN
cjal-3321	233	15	,	,	PUNCT
cjal-3321	233	16	which	which	PRON
cjal-3321	233	17	states	state	VERB
cjal-3321	233	18	:	:	PUNCT
cjal-3321	233	19	the	the	DET
cjal-3321	233	20	efficacy	efficacy	NOUN
cjal-3321	233	21	of	of	ADP
cjal-3321	233	22	chinese	chinese	ADJ
cjal-3321	233	23	takeover	takeover	NOUN
cjal-3321	233	24	laws	law	NOUN
cjal-3321	233	25	192	192	NUM
cjal-3321	233	26	furthermore	furthermore	ADV
cjal-3321	233	27	,	,	PUNCT
cjal-3321	233	28	when	when	SCONJ
cjal-3321	233	29	a	a	DET
cjal-3321	233	30	listed	list	VERB
cjal-3321	233	31	company	company	NOUN
cjal-3321	233	32	goes	go	VERB
cjal-3321	233	33	private	private	ADJ
cjal-3321	233	34	,	,	PUNCT
cjal-3321	233	35	the	the	DET
cjal-3321	233	36	acquirer	acquirer	NOUN
cjal-3321	233	37	must	must	AUX
cjal-3321	233	38	purchase	purchase	VERB
cjal-3321	233	39	all	all	DET
cjal-3321	233	40	shares	share	NOUN
cjal-3321	233	41	offered	offer	VERB
cjal-3321	233	42	by	by	ADP
cjal-3321	233	43	minority	minority	NOUN
cjal-3321	233	44	shareholders.4s	shareholders.4s	PROPN
cjal-3321	233	45	nonetheless	nonetheless	ADV
cjal-3321	233	46	,	,	PUNCT
cjal-3321	233	47	the	the	DET
cjal-3321	233	48	securities	security	NOUN
cjal-3321	233	49	law	law	NOUN
cjal-3321	233	50	does	do	AUX
cjal-3321	233	51	not	not	PART
cjal-3321	233	52	specify	specify	VERB
cjal-3321	233	53	whether	whether	SCONJ
cjal-3321	233	54	-	-	PUNCT
cjal-3321	233	55	and	and	CCONJ
cjal-3321	233	56	if	if	SCONJ
cjal-3321	233	57	so	so	ADV
cjal-3321	233	58	,	,	PUNCT
cjal-3321	233	59	when	when	SCONJ
cjal-3321	233	60	-	-	PUNCT
cjal-3321	233	61	this	this	DET
cjal-3321	233	62	purchase	purchase	NOUN
cjal-3321	233	63	obligation	obligation	NOUN
cjal-3321	233	64	expires	expire	VERB
cjal-3321	233	65	.	.	PUNCT
cjal-3321	234	1	this	this	PRON
cjal-3321	234	2	places	place	VERB
cjal-3321	234	3	an	an	DET
cjal-3321	234	4	unnecessary	unnecessary	ADJ
cjal-3321	234	5	burden	burden	NOUN
cjal-3321	234	6	on	on	ADP
cjal-3321	234	7	a	a	DET
cjal-3321	234	8	major	major	ADJ
cjal-3321	234	9	shareholder	shareholder	NOUN
cjal-3321	234	10	if	if	SCONJ
cjal-3321	234	11	he	he	PRON
cjal-3321	234	12	must	must	AUX
cjal-3321	234	13	buy	buy	VERB
cjal-3321	234	14	back	back	ADP
cjal-3321	234	15	the	the	DET
cjal-3321	234	16	minority	minority	NOUN
cjal-3321	234	17	shareholders	shareholder	NOUN
cjal-3321	234	18	'	'	PART
cjal-3321	234	19	shares	share	NOUN
cjal-3321	234	20	at	at	ADP
cjal-3321	234	21	any	any	DET
cjal-3321	234	22	point	point	NOUN
cjal-3321	234	23	of	of	ADP
cjal-3321	234	24	time	time	NOUN
cjal-3321	234	25	in	in	ADP
cjal-3321	234	26	the	the	DET
cjal-3321	234	27	future	future	NOUN
cjal-3321	234	28	.	.	PUNCT
cjal-3321	235	1	the	the	DET
cjal-3321	235	2	csrc	csrc	NOUN
cjal-3321	235	3	has	have	AUX
cjal-3321	235	4	attempted	attempt	VERB
cjal-3321	235	5	to	to	PART
cjal-3321	235	6	address	address	VERB
cjal-3321	235	7	this	this	DET
cjal-3321	235	8	problem	problem	NOUN
cjal-3321	235	9	in	in	ADP
cjal-3321	235	10	the	the	DET
cjal-3321	235	11	measures	measure	NOUN
cjal-3321	235	12	,	,	PUNCT
cjal-3321	235	13	which	which	PRON
cjal-3321	235	14	have	have	AUX
cjal-3321	235	15	been	be	AUX
cjal-3321	235	16	widely	widely	ADV
cjal-3321	235	17	accepted	accept	VERB
cjal-3321	235	18	by	by	ADP
cjal-3321	235	19	academia	academia	NOUN
cjal-3321	235	20	and	and	CCONJ
cjal-3321	235	21	the	the	DET
cjal-3321	235	22	judiciary.49	judiciary.49	NOUN
cjal-3321	235	23	for	for	ADP
cjal-3321	235	24	example	example	NOUN
cjal-3321	235	25	,	,	PUNCT
cjal-3321	235	26	article	article	NOUN
cjal-3321	235	27	44	44	NUM
cjal-3321	235	28	of	of	ADP
cjal-3321	235	29	the	the	DET
cjal-3321	235	30	measures	measure	NOUN
cjal-3321	235	31	states	state	NOUN
cjal-3321	235	32	:	:	PUNCT
cjal-3321	235	33	before	before	SCONJ
cjal-3321	235	34	the	the	DET
cjal-3321	235	35	takeover	takeover	NOUN
cjal-3321	235	36	is	be	AUX
cjal-3321	235	37	finished	finish	VERB
cjal-3321	235	38	,	,	PUNCT
cjal-3321	235	39	other	other	ADJ
cjal-3321	235	40	shareholders	shareholder	NOUN
cjal-3321	235	41	that	that	PRON
cjal-3321	235	42	still	still	ADV
cjal-3321	235	43	hold	hold	VERB
cjal-3321	235	44	the	the	DET
cjal-3321	235	45	shares	share	NOUN
cjal-3321	235	46	of	of	ADP
cjal-3321	235	47	the	the	DET
cjal-3321	235	48	target	target	NOUN
cjal-3321	235	49	company	company	NOUN
cjal-3321	235	50	have	have	VERB
cjal-3321	235	51	the	the	DET
cjal-3321	235	52	right	right	NOUN
cjal-3321	235	53	to	to	PART
cjal-3321	235	54	sell	sell	VERB
cjal-3321	235	55	their	their	PRON
cjal-3321	235	56	shares	share	NOUN
cjal-3321	235	57	to	to	ADP
cjal-3321	235	58	the	the	DET
cjal-3321	235	59	purchaser	purchaser	NOUN
cjal-3321	235	60	under	under	ADP
cjal-3321	235	61	the	the	DET
cjal-3321	235	62	same	same	ADJ
cjal-3321	235	63	conditions	condition	NOUN
cjal-3321	235	64	as	as	SCONJ
cjal-3321	235	65	stipulated	stipulate	VERB
cjal-3321	235	66	in	in	ADP
cjal-3321	235	67	the	the	DET
cjal-3321	235	68	tender	tender	NOUN
cjal-3321	235	69	offer	offer	NOUN
cjal-3321	235	70	within	within	ADP
cjal-3321	235	71	the	the	DET
cjal-3321	235	72	reasonable	reasonable	ADJ
cjal-3321	235	73	term	term	NOUN
cjal-3321	235	74	as	as	SCONJ
cjal-3321	235	75	prescribed	prescribe	VERB
cjal-3321	235	76	in	in	ADP
cjal-3321	235	77	the	the	DET
cjal-3321	235	78	tender	tender	NOUN
cjal-3321	235	79	offer	offer	NOUN
cjal-3321	235	80	report	report	NOUN
cjal-3321	235	81	,	,	PUNCT
cjal-3321	235	82	and	and	CCONJ
cjal-3321	235	83	the	the	DET
cjal-3321	235	84	purchaser	purchaser	NOUN
cjal-3321	235	85	shall	shall	AUX
cjal-3321	235	86	purchase	purchase	VERB
cjal-3321	235	87	the	the	DET
cjal-3321	235	88	said	say	VERB
cjal-3321	235	89	shares	share	NOUN
cjal-3321	235	90	.	.	PUNCT
cjal-3321	235	91	'	'	PUNCT
cjal-3321	236	1	this	this	PRON
cjal-3321	236	2	clarifies	clarify	VERB
cjal-3321	236	3	the	the	DET
cjal-3321	236	4	ambiguity	ambiguity	NOUN
cjal-3321	236	5	of	of	ADP
cjal-3321	236	6	article	article	NOUN
cjal-3321	236	7	97	97	NUM
cjal-3321	236	8	of	of	ADP
cjal-3321	236	9	the	the	DET
cjal-3321	236	10	securities	security	NOUN
cjal-3321	236	11	law	law	NOUN
cjal-3321	236	12	,	,	PUNCT
cjal-3321	236	13	but	but	CCONJ
cjal-3321	236	14	not	not	PART
cjal-3321	236	15	completely	completely	ADV
cjal-3321	236	16	.	.	PUNCT
cjal-3321	237	1	for	for	ADP
cjal-3321	237	2	instance	instance	NOUN
cjal-3321	237	3	,	,	PUNCT
cjal-3321	237	4	what	what	PRON
cjal-3321	237	5	constitutes	constitute	VERB
cjal-3321	237	6	a	a	DET
cjal-3321	237	7	"	"	PUNCT
cjal-3321	237	8	reasonable	reasonable	ADJ
cjal-3321	237	9	term	term	NOUN
cjal-3321	237	10	"	"	PUNCT
cjal-3321	237	11	?	?	PUNCT
cjal-3321	238	1	is	be	AUX
cjal-3321	238	2	the	the	DET
cjal-3321	238	3	term	term	NOUN
cjal-3321	238	4	reasonable	reasonable	ADJ
cjal-3321	238	5	if	if	SCONJ
cjal-3321	238	6	the	the	DET
cjal-3321	238	7	csrc	csrc	NOUN
cjal-3321	238	8	does	do	AUX
cjal-3321	238	9	not	not	PART
cjal-3321	238	10	question	question	VERB
cjal-3321	238	11	the	the	DET
cjal-3321	238	12	validity	validity	NOUN
cjal-3321	238	13	of	of	ADP
cjal-3321	238	14	the	the	DET
cjal-3321	238	15	tender	tender	NOUN
cjal-3321	238	16	offer	offer	NOUN
cjal-3321	238	17	report	report	VERB
cjal-3321	238	18	a	a	DET
cjal-3321	238	19	joint	joint	ADJ
cjal-3321	238	20	stock	stock	NOUN
cjal-3321	238	21	limited	limit	VERB
cjal-3321	238	22	company	company	NOUN
cjal-3321	238	23	that	that	PRON
cjal-3321	238	24	applies	apply	VERB
cjal-3321	238	25	for	for	ADP
cjal-3321	238	26	the	the	DET
cjal-3321	238	27	listing	listing	NOUN
cjal-3321	238	28	of	of	ADP
cjal-3321	238	29	its	its	PRON
cjal-3321	238	30	stocks	stock	NOUN
cjal-3321	238	31	shall	shall	AUX
cjal-3321	238	32	meet	meet	VERB
cjal-3321	238	33	the	the	DET
cjal-3321	238	34	following	follow	VERB
cjal-3321	238	35	requirements	requirement	NOUN
cjal-3321	238	36	:	:	PUNCT
cjal-3321	238	37	...	...	PUNCT
cjal-3321	239	1	(	(	PUNCT
cjal-3321	239	2	3	3	X
cjal-3321	239	3	)	)	PUNCT
cjal-3321	239	4	the	the	DET
cjal-3321	239	5	shares	share	NOUN
cjal-3321	239	6	as	as	SCONJ
cjal-3321	239	7	publicly	publicly	ADV
cjal-3321	239	8	issued	issue	VERB
cjal-3321	239	9	shall	shall	AUX
cjal-3321	239	10	reach	reach	VERB
cjal-3321	239	11	more	more	ADJ
cjal-3321	239	12	than	than	ADP
cjal-3321	239	13	25	25	NUM
cjal-3321	239	14	%	%	NOUN
cjal-3321	239	15	of	of	ADP
cjal-3321	239	16	the	the	DET
cjal-3321	239	17	total	total	ADJ
cjal-3321	239	18	amount	amount	NOUN
cjal-3321	239	19	of	of	ADP
cjal-3321	239	20	corporate	corporate	ADJ
cjal-3321	239	21	shares	share	NOUN
cjal-3321	239	22	;	;	PUNCT
cjal-3321	239	23	where	where	SCONJ
cjal-3321	239	24	the	the	DET
cjal-3321	239	25	total	total	ADJ
cjal-3321	239	26	amount	amount	NOUN
cjal-3321	239	27	of	of	ADP
cjal-3321	239	28	capital	capital	NOUN
cjal-3321	239	29	stock	stock	NOUN
cjal-3321	239	30	of	of	ADP
cjal-3321	239	31	a	a	DET
cjal-3321	239	32	company	company	NOUN
cjal-3321	239	33	exceeds	exceed	VERB
cjal-3321	239	34	rmb	rmb	VERB
cjal-3321	239	35	0.4	0.4	NUM
cjal-3321	239	36	billion	billion	NUM
cjal-3321	239	37	yuan	yuan	NOUN
cjal-3321	239	38	,	,	PUNCT
cjal-3321	239	39	the	the	DET
cjal-3321	239	40	shares	share	NOUN
cjal-3321	239	41	as	as	ADP
cjal-3321	239	42	publicly	publicly	ADV
cjal-3321	239	43	issued	issue	VERB
cjal-3321	239	44	shall	shall	AUX
cjal-3321	239	45	be	be	AUX
cjal-3321	239	46	no	no	ADV
cjal-3321	239	47	less	less	ADJ
cjal-3321	239	48	than	than	ADP
cjal-3321	239	49	io%	io%	NOUN
cjal-3321	239	50	thereof	thereof	ADV
cjal-3321	239	51	.	.	PUNCT
cjal-3321	240	1	securities	security	NOUN
cjal-3321	240	2	law	law	NOUN
cjal-3321	240	3	,	,	PUNCT
cjal-3321	240	4	supra	supra	PROPN
cjal-3321	240	5	note	note	PROPN
cjal-3321	240	6	15	15	NUM
cjal-3321	240	7	,	,	PUNCT
cjal-3321	240	8	art	art	NOUN
cjal-3321	240	9	.	.	PUNCT
cjal-3321	241	1	5o	5o	NUM
cjal-3321	241	2	.	.	PUNCT
cjal-3321	242	1	some	some	PRON
cjal-3321	242	2	believe	believe	VERB
cjal-3321	242	3	the	the	DET
cjal-3321	242	4	wording	wording	NOUN
cjal-3321	242	5	"	"	PUNCT
cjal-3321	242	6	publicly	publicly	ADV
cjal-3321	242	7	"	"	PUNCT
cjal-3321	242	8	means	mean	VERB
cjal-3321	242	9	being	be	AUX
cjal-3321	242	10	held	hold	VERB
cjal-3321	242	11	by	by	ADP
cjal-3321	242	12	multiple	multiple	ADJ
cjal-3321	242	13	shareholders	shareholder	NOUN
cjal-3321	242	14	on	on	ADP
cjal-3321	242	15	an	an	DET
cjal-3321	242	16	exchange	exchange	NOUN
cjal-3321	242	17	,	,	PUNCT
cjal-3321	242	18	while	while	SCONJ
cjal-3321	242	19	others	other	NOUN
cjal-3321	242	20	argue	argue	VERB
cjal-3321	242	21	that	that	SCONJ
cjal-3321	242	22	it	it	PRON
cjal-3321	242	23	does	do	AUX
cjal-3321	242	24	not	not	PART
cjal-3321	242	25	have	have	VERB
cjal-3321	242	26	such	such	ADJ
cjal-3321	242	27	meaning	meaning	NOUN
cjal-3321	242	28	.	.	PUNCT
cjal-3321	243	1	however	however	ADV
cjal-3321	243	2	,	,	PUNCT
cjal-3321	243	3	the	the	DET
cjal-3321	243	4	csrc	csrc	NOUN
cjal-3321	243	5	and	and	CCONJ
cjal-3321	243	6	the	the	DET
cjal-3321	243	7	exchanges	exchange	NOUN
cjal-3321	243	8	have	have	AUX
cjal-3321	243	9	adhered	adhere	VERB
cjal-3321	243	10	to	to	ADP
cjal-3321	243	11	the	the	DET
cjal-3321	243	12	first	first	ADJ
cjal-3321	243	13	interpretation	interpretation	NOUN
cjal-3321	243	14	and	and	CCONJ
cjal-3321	243	15	take	take	VERB
cjal-3321	243	16	the	the	DET
cjal-3321	243	17	position	position	NOUN
cjal-3321	243	18	that	that	SCONJ
cjal-3321	243	19	if	if	SCONJ
cjal-3321	243	20	one	one	NUM
cjal-3321	243	21	purchases	purchase	VERB
cjal-3321	243	22	more	more	ADJ
cjal-3321	243	23	than	than	ADP
cjal-3321	243	24	75	75	NUM
cjal-3321	243	25	%	%	NOUN
cjal-3321	243	26	of	of	ADP
cjal-3321	243	27	the	the	DET
cjal-3321	243	28	outstanding	outstanding	ADJ
cjal-3321	243	29	shares	share	NOUN
cjal-3321	243	30	of	of	ADP
cjal-3321	243	31	a	a	DET
cjal-3321	243	32	listed	list	VERB
cjal-3321	243	33	company	company	NOUN
cjal-3321	243	34	,	,	PUNCT
cjal-3321	243	35	it	it	PRON
cjal-3321	243	36	should	should	AUX
cjal-3321	243	37	be	be	AUX
cjal-3321	243	38	delisted	delist	VERB
cjal-3321	243	39	.	.	PUNCT
cjal-3321	244	1	see	see	VERB
cjal-3321	244	2	i	i	PRON
cjal-3321	244	3	d.	d.	PROPN
cjal-3321	244	4	arts	arts	PROPN
cjal-3321	244	5	.	.	PUNCT
cjal-3321	245	1	5o	5o	NUM
cjal-3321	245	2	,	,	PUNCT
cjal-3321	245	3	56	56	NUM
cjal-3321	245	4	.	.	PUNCT
cjal-3321	246	1	see	see	VERB
cjal-3321	246	2	also	also	ADV
cjal-3321	246	3	peng	peng	PROPN
cjal-3321	246	4	,	,	PUNCT
cjal-3321	246	5	supra	supra	PROPN
cjal-3321	246	6	note	note	PROPN
cjal-3321	246	7	4	4	NUM
cjal-3321	246	8	,	,	PUNCT
cjal-3321	246	9	at	at	ADP
cjal-3321	246	10	284	284	NUM
cjal-3321	246	11	.	.	PUNCT
cjal-3321	247	1	48	48	NUM
cjal-3321	247	2	article	article	NOUN
cjal-3321	247	3	97	97	NUM
cjal-3321	247	4	states	state	NOUN
cjal-3321	247	5	:	:	PUNCT
cjal-3321	247	6	upon	upon	SCONJ
cjal-3321	247	7	the	the	DET
cjal-3321	247	8	expiration	expiration	NOUN
cjal-3321	247	9	of	of	ADP
cjal-3321	247	10	a	a	DET
cjal-3321	247	11	term	term	NOUN
cjal-3321	247	12	for	for	ADP
cjal-3321	247	13	acquisition	acquisition	NOUN
cjal-3321	247	14	,	,	PUNCT
cjal-3321	247	15	where	where	SCONJ
cjal-3321	247	16	the	the	DET
cjal-3321	247	17	share	share	NOUN
cjal-3321	247	18	distribution	distribution	NOUN
cjal-3321	247	19	of	of	ADP
cjal-3321	247	20	a	a	DET
cjal-3321	247	21	target	target	NOUN
cjal-3321	247	22	company	company	NOUN
cjal-3321	247	23	fails	fail	VERB
cjal-3321	247	24	to	to	PART
cjal-3321	247	25	meet	meet	VERB
cjal-3321	247	26	the	the	DET
cjal-3321	247	27	requirements	requirement	NOUN
cjal-3321	247	28	of	of	ADP
cjal-3321	247	29	listing	listing	NOUN
cjal-3321	247	30	,	,	PUNCT
cjal-3321	247	31	the	the	DET
cjal-3321	247	32	listing	listing	NOUN
cjal-3321	247	33	of	of	ADP
cjal-3321	247	34	stocks	stock	NOUN
cjal-3321	247	35	of	of	ADP
cjal-3321	247	36	the	the	DET
cjal-3321	247	37	said	say	VERB
cjal-3321	247	38	listed	list	VERB
cjal-3321	247	39	company	company	NOUN
cjal-3321	247	40	shall	shall	AUX
cjal-3321	247	41	be	be	AUX
cjal-3321	247	42	terminated	terminate	VERB
cjal-3321	247	43	by	by	ADP
cjal-3321	247	44	the	the	DET
cjal-3321	247	45	stock	stock	NOUN
cjal-3321	247	46	exchange	exchange	NOUN
cjal-3321	247	47	according	accord	VERB
cjal-3321	247	48	to	to	ADP
cjal-3321	247	49	law	law	NOUN
cjal-3321	247	50	.	.	PUNCT
cjal-3321	248	1	the	the	DET
cjal-3321	248	2	shareholders	shareholder	NOUN
cjal-3321	248	3	that	that	PRON
cjal-3321	248	4	still	still	ADV
cjal-3321	248	5	hold	hold	VERB
cjal-3321	248	6	the	the	DET
cjal-3321	248	7	shares	share	NOUN
cjal-3321	248	8	of	of	ADP
cjal-3321	248	9	the	the	DET
cjal-3321	248	10	target	target	NOUN
cjal-3321	248	11	company	company	NOUN
cjal-3321	248	12	have	have	VERB
cjal-3321	248	13	the	the	DET
cjal-3321	248	14	right	right	NOUN
cjal-3321	248	15	to	to	PART
cjal-3321	248	16	sell	sell	VERB
cjal-3321	248	17	their	their	PRON
cjal-3321	248	18	shares	share	NOUN
cjal-3321	248	19	in	in	ADP
cjal-3321	248	20	light	light	NOUN
cjal-3321	248	21	of	of	ADP
cjal-3321	248	22	the	the	DET
cjal-3321	248	23	equal	equal	ADJ
cjal-3321	248	24	terms	term	NOUN
cjal-3321	248	25	as	as	SCONJ
cjal-3321	248	26	stipulated	stipulate	VERB
cjal-3321	248	27	in	in	ADP
cjal-3321	248	28	the	the	DET
cjal-3321	248	29	relevant	relevant	ADJ
cjal-3321	248	30	tender	tender	NOUN
cjal-3321	248	31	offer	offer	NOUN
cjal-3321	248	32	,	,	PUNCT
cjal-3321	248	33	and	and	CCONJ
cjal-3321	248	34	the	the	DET
cjal-3321	248	35	purchaser	purchaser	NOUN
cjal-3321	248	36	shall	shall	AUX
cjal-3321	248	37	make	make	VERB
cjal-3321	248	38	the	the	DET
cjal-3321	248	39	purchase	purchase	NOUN
cjal-3321	248	40	.	.	PUNCT
cjal-3321	249	1	when	when	SCONJ
cjal-3321	249	2	an	an	DET
cjal-3321	249	3	acquisition	acquisition	NOUN
cjal-3321	249	4	is	be	AUX
cjal-3321	249	5	concluded	conclude	VERB
cjal-3321	249	6	,	,	PUNCT
cjal-3321	249	7	if	if	SCONJ
cjal-3321	249	8	a	a	DET
cjal-3321	249	9	target	target	NOUN
cjal-3321	249	10	company	company	NOUN
cjal-3321	249	11	fails	fail	VERB
cjal-3321	249	12	to	to	PART
cjal-3321	249	13	meet	meet	VERB
cjal-3321	249	14	the	the	DET
cjal-3321	249	15	requirements	requirement	NOUN
cjal-3321	249	16	for	for	ADP
cjal-3321	249	17	remaining	remain	VERB
cjal-3321	249	18	a	a	DET
cjal-3321	249	19	joint	joint	ADJ
cjal-3321	249	20	stock	stock	NOUN
cjal-3321	249	21	limited	limit	VERB
cjal-3321	249	22	company	company	NOUN
cjal-3321	249	23	any	any	PRON
cjal-3321	249	24	more	more	ADV
cjal-3321	249	25	,	,	PUNCT
cjal-3321	249	26	its	its	PRON
cjal-3321	249	27	form	form	NOUN
cjal-3321	249	28	of	of	ADP
cjal-3321	249	29	enterprise	enterprise	NOUN
cjal-3321	249	30	shall	shall	AUX
cjal-3321	249	31	be	be	AUX
cjal-3321	249	32	altered	alter	VERB
cjal-3321	249	33	according	accord	VERB
cjal-3321	249	34	to	to	ADP
cjal-3321	249	35	law	law	NOUN
cjal-3321	249	36	.	.	PUNCT
cjal-3321	250	1	securities	security	NOUN
cjal-3321	250	2	law	law	PROPN
cjal-3321	250	3	,	,	PUNCT
cjal-3321	250	4	supra	supra	PROPN
cjal-3321	250	5	note	note	PROPN
cjal-3321	250	6	15	15	NUM
cjal-3321	250	7	,	,	PUNCT
cjal-3321	250	8	art	art	NOUN
cjal-3321	250	9	.	.	PUNCT
cjal-3321	251	1	97	97	NUM
cjal-3321	251	2	.	.	NOUN
cjal-3321	251	3	49	49	NUM
cjal-3321	251	4	peng	peng	PROPN
cjal-3321	251	5	,	,	PUNCT
cjal-3321	251	6	supra	supra	PROPN
cjal-3321	251	7	note	note	PROPN
cjal-3321	251	8	4	4	NUM
cjal-3321	251	9	,	,	PUNCT
cjal-3321	251	10	at	at	ADP
cjal-3321	251	11	284	284	NUM
cjal-3321	251	12	.	.	PUNCT
cjal-3321	251	13	50	50	NUM
cjal-3321	251	14	measures	measure	NOUN
cjal-3321	251	15	for	for	ADP
cjal-3321	251	16	administration	administration	NOUN
cjal-3321	251	17	of	of	ADP
cjal-3321	251	18	takeovers	takeover	NOUN
cjal-3321	251	19	,	,	PUNCT
cjal-3321	251	20	supra	supra	PROPN
cjal-3321	251	21	note	note	NOUN
cjal-3321	251	22	6	6	NUM
cjal-3321	251	23	,	,	PUNCT
cjal-3321	251	24	art	art	NOUN
cjal-3321	251	25	.	.	PUNCT
cjal-3321	252	1	44	44	NUM
cjal-3321	252	2	.	.	SYM
cjal-3321	252	3	193	193	NUM
cjal-3321	252	4	columbia	columbia	PROPN
cjal-3321	252	5	journal	journal	PROPN
cjal-3321	252	6	ofasian	ofasian	ADJ
cjal-3321	252	7	law	law	NOUN
cjal-3321	252	8	,	,	PUNCT
cjal-3321	252	9	vol	vol	NOUN
cjal-3321	252	10	.	.	PROPN
cjal-3321	252	11	25	25	NUM
cjal-3321	252	12	,	,	PUNCT
cjal-3321	252	13	no	no	INTJ
cjal-3321	252	14	.	.	NOUN
cjal-3321	252	15	2	2	NUM
cjal-3321	252	16	(	(	PUNCT
cjal-3321	252	17	2012	2012	NUM
cjal-3321	252	18	)	)	PUNCT
cjal-3321	252	19	during	during	ADP
cjal-3321	252	20	the	the	DET
cjal-3321	252	21	disclosure	disclosure	NOUN
cjal-3321	252	22	period	period	NOUN
cjal-3321	252	23	?	?	PUNCT
cjal-3321	253	1	without	without	ADP
cjal-3321	253	2	further	further	ADJ
cjal-3321	253	3	official	official	ADJ
cjal-3321	253	4	explanation	explanation	NOUN
cjal-3321	253	5	,	,	PUNCT
cjal-3321	253	6	these	these	DET
cjal-3321	253	7	issues	issue	NOUN
cjal-3321	253	8	remain	remain	VERB
cjal-3321	253	9	unresolved	unresolved	ADJ
cjal-3321	253	10	.	.	PUNCT
cjal-3321	254	1	as	as	SCONJ
cjal-3321	254	2	short	short	ADJ
cjal-3321	254	3	form	form	NOUN
cjal-3321	254	4	mergers	merger	NOUN
cjal-3321	254	5	are	be	AUX
cjal-3321	254	6	not	not	PART
cjal-3321	254	7	permitted	permit	VERB
cjal-3321	254	8	in	in	ADP
cjal-3321	254	9	chinese	chinese	PROPN
cjal-3321	254	10	law,5	law,5	PROPN
cjal-3321	254	11	'	'	PUNCT
cjal-3321	254	12	a	a	DET
cjal-3321	254	13	purchaser	purchaser	NOUN
cjal-3321	254	14	who	who	PRON
cjal-3321	254	15	wants	want	VERB
cjal-3321	254	16	to	to	PART
cjal-3321	254	17	merge	merge	VERB
cjal-3321	254	18	with	with	ADP
cjal-3321	254	19	a	a	DET
cjal-3321	254	20	target	target	NOUN
cjal-3321	254	21	after	after	ADP
cjal-3321	254	22	acquiring	acquire	VERB
cjal-3321	254	23	over	over	ADP
cjal-3321	254	24	75	75	NUM
cjal-3321	254	25	%	%	NOUN
cjal-3321	254	26	of	of	ADP
cjal-3321	254	27	the	the	DET
cjal-3321	254	28	target	target	NOUN
cjal-3321	254	29	's	's	PART
cjal-3321	254	30	shares	share	NOUN
cjal-3321	254	31	must	must	AUX
cjal-3321	254	32	organize	organize	VERB
cjal-3321	254	33	a	a	DET
cjal-3321	254	34	shareholder	shareholder	NOUN
cjal-3321	254	35	meeting	meeting	NOUN
cjal-3321	254	36	for	for	ADP
cjal-3321	254	37	the	the	DET
cjal-3321	254	38	target	target	NOUN
cjal-3321	254	39	's	's	PART
cjal-3321	254	40	shareholders	shareholder	NOUN
cjal-3321	254	41	to	to	PART
cjal-3321	254	42	vote	vote	VERB
cjal-3321	254	43	on	on	ADP
cjal-3321	254	44	the	the	DET
cjal-3321	254	45	merger	merger	NOUN
cjal-3321	254	46	.	.	PUNCT
cjal-3321	255	1	although	although	SCONJ
cjal-3321	255	2	the	the	DET
cjal-3321	255	3	purchaser	purchaser	NOUN
cjal-3321	255	4	is	be	AUX
cjal-3321	255	5	guaranteed	guarantee	VERB
cjal-3321	255	6	to	to	PART
cjal-3321	255	7	win	win	VERB
cjal-3321	255	8	by	by	ADP
cjal-3321	255	9	virtue	virtue	NOUN
cjal-3321	255	10	of	of	ADP
cjal-3321	255	11	its	its	PRON
cjal-3321	255	12	majority	majority	NOUN
cjal-3321	255	13	stock	stock	NOUN
cjal-3321	255	14	ownership	ownership	NOUN
cjal-3321	255	15	,	,	PUNCT
cjal-3321	255	16	minority	minority	NOUN
cjal-3321	255	17	shareholders	shareholder	NOUN
cjal-3321	255	18	who	who	PRON
cjal-3321	255	19	vote	vote	VERB
cjal-3321	255	20	against	against	ADP
cjal-3321	255	21	the	the	DET
cjal-3321	255	22	merger	merger	NOUN
cjal-3321	255	23	still	still	ADV
cjal-3321	255	24	have	have	VERB
cjal-3321	255	25	the	the	DET
cjal-3321	255	26	right	right	NOUN
cjal-3321	255	27	to	to	PART
cjal-3321	255	28	sell	sell	VERB
cjal-3321	255	29	their	their	PRON
cjal-3321	255	30	shares	share	NOUN
cjal-3321	255	31	to	to	ADP
cjal-3321	255	32	the	the	DET
cjal-3321	255	33	purchaser	purchaser	NOUN
cjal-3321	255	34	at	at	ADP
cjal-3321	255	35	a	a	DET
cjal-3321	255	36	"	"	PUNCT
cjal-3321	255	37	reasonable	reasonable	ADJ
cjal-3321	255	38	price	price	NOUN
cjal-3321	255	39	.	.	PUNCT
cjal-3321	256	1	"5	"5	NOUN
cjal-3321	256	2	such	such	ADJ
cjal-3321	256	3	minority	minority	NOUN
cjal-3321	256	4	shareholders	shareholder	NOUN
cjal-3321	256	5	may	may	AUX
cjal-3321	256	6	thereby	thereby	ADV
cjal-3321	256	7	challenge	challenge	VERB
cjal-3321	256	8	the	the	DET
cjal-3321	256	9	"	"	PUNCT
cjal-3321	256	10	squeeze	squeeze	NOUN
cjal-3321	256	11	-	-	PUNCT
cjal-3321	256	12	out	out	ADP
cjal-3321	256	13	"	"	PUNCT
cjal-3321	256	14	price	price	NOUN
cjal-3321	256	15	through	through	ADP
cjal-3321	256	16	litigation	litigation	NOUN
cjal-3321	256	17	.	.	PUNCT
cjal-3321	257	1	53	53	NUM
cjal-3321	257	2	if	if	SCONJ
cjal-3321	257	3	they	they	PRON
cjal-3321	257	4	lose	lose	VERB
cjal-3321	257	5	their	their	PRON
cjal-3321	257	6	claim	claim	NOUN
cjal-3321	257	7	but	but	CCONJ
cjal-3321	257	8	continue	continue	VERB
cjal-3321	257	9	to	to	PART
cjal-3321	257	10	refuse	refuse	VERB
cjal-3321	257	11	to	to	PART
cjal-3321	257	12	sell	sell	VERB
cjal-3321	257	13	at	at	ADP
cjal-3321	257	14	the	the	DET
cjal-3321	257	15	squeeze	squeeze	NOUN
cjal-3321	257	16	-	-	PUNCT
cjal-3321	257	17	out	out	ADP
cjal-3321	257	18	price	price	NOUN
cjal-3321	257	19	,	,	PUNCT
cjal-3321	257	20	their	their	PRON
cjal-3321	257	21	only	only	ADJ
cjal-3321	257	22	option	option	NOUN
cjal-3321	257	23	would	would	AUX
cjal-3321	257	24	be	be	AUX
cjal-3321	257	25	to	to	PART
cjal-3321	257	26	trade	trade	VERB
cjal-3321	257	27	their	their	PRON
cjal-3321	257	28	existing	exist	VERB
cjal-3321	257	29	shares	share	NOUN
cjal-3321	257	30	for	for	ADP
cjal-3321	257	31	those	those	PRON
cjal-3321	257	32	of	of	ADP
cjal-3321	257	33	the	the	DET
cjal-3321	257	34	surviving	survive	VERB
cjal-3321	257	35	company	company	NOUN
cjal-3321	257	36	.	.	PUNCT
cjal-3321	258	1	"4	"4	PROPN
cjal-3321	258	2	however	however	ADV
cjal-3321	258	3	,	,	PUNCT
cjal-3321	258	4	the	the	DET
cjal-3321	258	5	law	law	NOUN
cjal-3321	258	6	does	do	AUX
cjal-3321	258	7	not	not	PART
cjal-3321	258	8	provide	provide	VERB
cjal-3321	258	9	any	any	DET
cjal-3321	258	10	guidance	guidance	NOUN
cjal-3321	258	11	regarding	regard	VERB
cjal-3321	258	12	the	the	DET
cjal-3321	258	13	exchange	exchange	NOUN
cjal-3321	258	14	ratio	ratio	NOUN
cjal-3321	258	15	or	or	CCONJ
cjal-3321	258	16	non	non	ADJ
cjal-3321	258	17	-	-	ADJ
cjal-3321	258	18	public	public	ADJ
cjal-3321	258	19	trade	trade	NOUN
cjal-3321	258	20	shares	share	NOUN
cjal-3321	258	21	valuation	valuation	NOUN
cjal-3321	258	22	methods	method	NOUN
cjal-3321	258	23	for	for	ADP
cjal-3321	258	24	this	this	DET
cjal-3321	258	25	type	type	NOUN
cjal-3321	258	26	of	of	ADP
cjal-3321	258	27	transaction	transaction	NOUN
cjal-3321	258	28	.	.	PUNCT
cjal-3321	259	1	b.	b.	PROPN
cjal-3321	259	2	takeover	takeover	PROPN
cjal-3321	259	3	fiduciary	fiduciary	ADJ
cjal-3321	259	4	duty	duty	NOUN
cjal-3321	259	5	and	and	CCONJ
cjal-3321	259	6	private	private	ADJ
cjal-3321	259	7	enforcement	enforcement	NOUN
cjal-3321	259	8	the	the	DET
cjal-3321	259	9	concept	concept	NOUN
cjal-3321	259	10	of	of	ADP
cjal-3321	259	11	fiduciary	fiduciary	ADJ
cjal-3321	259	12	duty	duty	NOUN
cjal-3321	259	13	was	be	AUX
cjal-3321	259	14	adapted	adapt	VERB
cjal-3321	259	15	from	from	ADP
cjal-3321	259	16	western	western	ADJ
cjal-3321	259	17	systems	system	NOUN
cjal-3321	259	18	to	to	ADP
cjal-3321	259	19	chinese	chinese	ADJ
cjal-3321	259	20	business	business	NOUN
cjal-3321	259	21	laws	law	NOUN
cjal-3321	259	22	in	in	ADP
cjal-3321	259	23	2005	2005	NUM
cjal-3321	259	24	,	,	PUNCT
cjal-3321	259	25	during	during	ADP
cjal-3321	259	26	a	a	DET
cjal-3321	259	27	comprehensive	comprehensive	ADJ
cjal-3321	259	28	revision	revision	NOUN
cjal-3321	259	29	of	of	ADP
cjal-3321	259	30	the	the	DET
cjal-3321	259	31	business	business	NOUN
cjal-3321	259	32	laws	law	NOUN
cjal-3321	259	33	by	by	ADP
cjal-3321	259	34	the	the	DET
cjal-3321	259	35	legislature.5	legislature.5	NOUN
cjal-3321	259	36	"	"	PUNCT
cjal-3321	259	37	the	the	DET
cjal-3321	259	38	concept	concept	NOUN
cjal-3321	259	39	has	have	AUX
cjal-3321	259	40	since	since	ADV
cjal-3321	259	41	been	be	AUX
cjal-3321	259	42	implemented	implement	VERB
cjal-3321	259	43	in	in	ADP
cjal-3321	259	44	corporate	corporate	ADJ
cjal-3321	259	45	law	law	NOUN
cjal-3321	259	46	,	,	PUNCT
cjal-3321	259	47	takeover	takeover	NOUN
cjal-3321	259	48	regulations	regulation	NOUN
cjal-3321	259	49	,	,	PUNCT
cjal-3321	259	50	the	the	DET
cjal-3321	259	51	securities	security	NOUN
cjal-3321	259	52	law	law	NOUN
cjal-3321	259	53	,	,	PUNCT
cjal-3321	259	54	and	and	CCONJ
cjal-3321	259	55	the	the	DET
cjal-3321	259	56	bankruptcy	bankruptcy	NOUN
cjal-3321	259	57	law	law	NOUN
cjal-3321	259	58	.	.	PUNCT
cjal-3321	260	1	6	6	NUM
cjal-3321	260	2	moreover	moreover	ADV
cjal-3321	260	3	,	,	PUNCT
cjal-3321	260	4	the	the	DET
cjal-3321	260	5	incorporation	incorporation	NOUN
cjal-3321	260	6	of	of	ADP
cjal-3321	260	7	derivative	derivative	ADJ
cjal-3321	260	8	suits	suit	NOUN
cjal-3321	260	9	into	into	ADP
cjal-3321	260	10	the	the	DET
cjal-3321	260	11	2005	2005	NUM
cjal-3321	260	12	company	company	NOUN
cjal-3321	260	13	law	law	NOUN
cjal-3321	260	14	has	have	AUX
cjal-3321	260	15	sent	send	VERB
cjal-3321	260	16	a	a	DET
cjal-3321	260	17	clear	clear	ADJ
cjal-3321	260	18	signal	signal	NOUN
cjal-3321	260	19	to	to	ADP
cjal-3321	260	20	shareholders	shareholder	NOUN
cjal-3321	260	21	that	that	SCONJ
cjal-3321	260	22	shareholders	shareholder	NOUN
cjal-3321	260	23	may	may	AUX
cjal-3321	260	24	now	now	ADV
cjal-3321	260	25	sue	sue	VERB
cjal-3321	260	26	directors	director	NOUN
cjal-3321	260	27	and	and	CCONJ
cjal-3321	260	28	managers	manager	NOUN
cjal-3321	260	29	of	of	ADP
cjal-3321	260	30	listed	list	VERB
cjal-3321	260	31	companies	company	NOUN
cjal-3321	260	32	for	for	ADP
cjal-3321	260	33	sloppy	sloppy	ADJ
cjal-3321	260	34	or	or	CCONJ
cjal-3321	260	35	self	self	NOUN
cjal-3321	260	36	-	-	PUNCT
cjal-3321	260	37	interested	interest	VERB
cjal-3321	260	38	decisions	decision	NOUN
cjal-3321	260	39	,	,	PUNCT
cjal-3321	260	40	even	even	ADV
cjal-3321	260	41	when	when	SCONJ
cjal-3321	260	42	damage	damage	NOUN
cjal-3321	260	43	caused	cause	VERB
cjal-3321	260	44	by	by	ADP
cjal-3321	260	45	such	such	ADJ
cjal-3321	260	46	decisions	decision	NOUN
cjal-3321	260	47	only	only	ADV
cjal-3321	260	48	affected	affect	VERB
cjal-3321	260	49	the	the	DET
cjal-3321	260	50	firm	firm	NOUN
cjal-3321	260	51	as	as	ADP
cjal-3321	260	52	an	an	DET
cjal-3321	260	53	entity	entity	NOUN
cjal-3321	260	54	but	but	CCONJ
cjal-3321	260	55	not	not	PART
cjal-3321	260	56	the	the	DET
cjal-3321	260	57	shareholders	shareholder	NOUN
cjal-3321	260	58	directly	directly	ADV
cjal-3321	260	59	.	.	PUNCT
cjal-3321	260	60	"	"	PUNCT
cjal-3321	261	1	5	5	NUM
cjal-3321	261	2	,	,	PUNCT
cjal-3321	261	3	in	in	ADP
cjal-3321	261	4	delaware	delaware	PROPN
cjal-3321	261	5	,	,	PUNCT
cjal-3321	261	6	a	a	DET
cjal-3321	261	7	"	"	PUNCT
cjal-3321	261	8	short	short	ADJ
cjal-3321	261	9	form	form	NOUN
cjal-3321	261	10	merger	merger	NOUN
cjal-3321	261	11	"	"	PUNCT
cjal-3321	261	12	allows	allow	VERB
cjal-3321	261	13	a	a	DET
cjal-3321	261	14	parent	parent	NOUN
cjal-3321	261	15	company	company	NOUN
cjal-3321	261	16	holding	hold	VERB
cjal-3321	261	17	more	more	ADJ
cjal-3321	261	18	than	than	ADP
cjal-3321	261	19	9o%	9o%	NUM
cjal-3321	261	20	of	of	ADP
cjal-3321	261	21	a	a	DET
cjal-3321	261	22	subsidiary	subsidiary	NOUN
cjal-3321	261	23	to	to	PART
cjal-3321	261	24	unilaterally	unilaterally	ADV
cjal-3321	261	25	merge	merge	VERB
cjal-3321	261	26	the	the	DET
cjal-3321	261	27	subsidiary	subsidiary	NOUN
cjal-3321	261	28	into	into	ADP
cjal-3321	261	29	itself	itself	PRON
cjal-3321	261	30	without	without	ADP
cjal-3321	261	31	a	a	DET
cjal-3321	261	32	shareholder	shareholder	NOUN
cjal-3321	261	33	meeting	meeting	NOUN
cjal-3321	261	34	of	of	ADP
cjal-3321	261	35	the	the	DET
cjal-3321	261	36	transferring	transfer	VERB
cjal-3321	261	37	company	company	NOUN
cjal-3321	261	38	.	.	PUNCT
cjal-3321	262	1	see	see	VERB
cjal-3321	262	2	kraakman	kraakman	PROPN
cjal-3321	262	3	,	,	PUNCT
cjal-3321	262	4	supra	supra	PROPN
cjal-3321	262	5	note	note	NOUN
cjal-3321	262	6	34	34	NUM
cjal-3321	262	7	,	,	PUNCT
cjal-3321	262	8	at	at	ADP
cjal-3321	262	9	203	203	NUM
cjal-3321	262	10	-	-	SYM
cjal-3321	262	11	4	4	NUM
cjal-3321	262	12	.	.	NOUN
cjal-3321	262	13	52	52	NUM
cjal-3321	262	14	see	see	VERB
cjal-3321	262	15	company	company	NOUN
cjal-3321	262	16	law	law	NOUN
cjal-3321	262	17	,	,	PUNCT
cjal-3321	262	18	supra	supra	PROPN
cjal-3321	262	19	note	note	NOUN
cjal-3321	262	20	20	20	NUM
cjal-3321	262	21	,	,	PUNCT
cjal-3321	262	22	art	art	NOUN
cjal-3321	262	23	.	.	PUNCT
cjal-3321	263	1	75	75	NUM
cjal-3321	263	2	.	.	X
cjal-3321	264	1	53	53	NUM
cjal-3321	265	1	i	i	PRON
cjal-3321	265	2	d.	d.	PROPN
cjal-3321	266	1	i	i	PRON
cjal-3321	266	2	see	see	VERB
cjal-3321	266	3	securities	security	NOUN
cjal-3321	266	4	law	law	NOUN
cjal-3321	266	5	,	,	PUNCT
cjal-3321	266	6	supra	supra	PROPN
cjal-3321	266	7	note	note	PROPN
cjal-3321	266	8	15	15	NUM
cjal-3321	266	9	,	,	PUNCT
cjal-3321	266	10	art	art	NOUN
cjal-3321	266	11	.	.	PUNCT
cjal-3321	267	1	99	99	NUM
cjal-3321	267	2	(	(	PUNCT
cjal-3321	267	3	"	"	PUNCT
cjal-3321	267	4	when	when	SCONJ
cjal-3321	267	5	an	an	DET
cjal-3321	267	6	acquisition	acquisition	NOUN
cjal-3321	267	7	is	be	AUX
cjal-3321	267	8	concluded	conclude	VERB
cjal-3321	267	9	,	,	PUNCT
cjal-3321	267	10	if	if	SCONJ
cjal-3321	267	11	the	the	DET
cjal-3321	267	12	purchaser	purchaser	NOUN
cjal-3321	267	13	merges	merge	VERB
cjal-3321	267	14	with	with	ADP
cjal-3321	267	15	the	the	DET
cjal-3321	267	16	target	target	NOUN
cjal-3321	267	17	company	company	NOUN
cjal-3321	267	18	by	by	ADP
cjal-3321	267	19	dissolving	dissolve	VERB
cjal-3321	267	20	the	the	DET
cjal-3321	267	21	target	target	NOUN
cjal-3321	267	22	company	company	NOUN
cjal-3321	267	23	,	,	PUNCT
cjal-3321	267	24	the	the	DET
cjal-3321	267	25	original	original	ADJ
cjal-3321	267	26	shares	share	NOUN
cjal-3321	267	27	of	of	ADP
cjal-3321	267	28	the	the	DET
cjal-3321	267	29	dissolved	dissolve	VERB
cjal-3321	267	30	company	company	NOUN
cjal-3321	267	31	shall	shall	AUX
cjal-3321	267	32	be	be	AUX
cjal-3321	267	33	exchanged	exchange	VERB
cjal-3321	267	34	by	by	ADP
cjal-3321	267	35	the	the	DET
cjal-3321	267	36	purchaser	purchaser	NOUN
cjal-3321	267	37	according	accord	VERB
cjal-3321	267	38	to	to	ADP
cjal-3321	267	39	law	law	NOUN
cjal-3321	267	40	.	.	PUNCT
cjal-3321	267	41	"	"	PUNCT
cjal-3321	267	42	)	)	PUNCT
cjal-3321	267	43	.	.	PUNCT
cjal-3321	268	1	15	15	NUM
cjal-3321	268	2	weng	weng	PROPN
cjal-3321	268	3	,	,	PUNCT
cjal-3321	268	4	supra	supra	PROPN
cjal-3321	268	5	note	note	PROPN
cjal-3321	268	6	19	19	NUM
cjal-3321	268	7	(	(	PUNCT
cjal-3321	268	8	discussing	discuss	VERB
cjal-3321	268	9	transplantation	transplantation	NOUN
cjal-3321	268	10	of	of	ADP
cjal-3321	268	11	corporate	corporate	ADJ
cjal-3321	268	12	fiduciary	fiduciary	ADJ
cjal-3321	268	13	duty	duty	NOUN
cjal-3321	268	14	)	)	PUNCT
cjal-3321	268	15	.	.	PUNCT
cjal-3321	269	1	see	see	VERB
cjal-3321	269	2	also	also	ADV
cjal-3321	269	3	charlie	charlie	PROPN
cjal-3321	269	4	xiao	xiao	PROPN
cjal-3321	269	5	-	-	PROPN
cjal-3321	269	6	chuan	chuan	PROPN
cjal-3321	269	7	weng	weng	PROPN
cjal-3321	269	8	,	,	PUNCT
cjal-3321	269	9	to	to	PART
cjal-3321	269	10	be	be	AUX
cjal-3321	269	11	,	,	PUNCT
cjal-3321	269	12	rather	rather	ADV
cjal-3321	269	13	than	than	SCONJ
cjal-3321	269	14	to	to	PART
cjal-3321	269	15	seem	seem	VERB
cjal-3321	269	16	:	:	PUNCT
cjal-3321	269	17	analysis	analysis	NOUN
cjal-3321	269	18	of	of	ADP
cjal-3321	269	19	trustee	trustee	NOUN
cjal-3321	269	20	fiduciary	fiduciary	ADJ
cjal-3321	269	21	duty	duty	NOUN
cjal-3321	269	22	in	in	ADP
cjal-3321	269	23	reorganization	reorganization	NOUN
cjal-3321	269	24	and	and	CCONJ
cjal-3321	269	25	its	its	PRON
cjal-3321	269	26	implications	implication	NOUN
cjal-3321	269	27	on	on	ADP
cjal-3321	269	28	the	the	DET
cjal-3321	269	29	new	new	ADJ
cjal-3321	269	30	chinese	chinese	ADJ
cjal-3321	269	31	bankruptcy	bankruptcy	NOUN
cjal-3321	269	32	law	law	NOUN
cjal-3321	269	33	,	,	PUNCT
cjal-3321	269	34	45	45	NUM
cjal-3321	269	35	int'l	int'l	NOUN
cjal-3321	269	36	lawyer	lawyer	NOUN
cjal-3321	269	37	647	647	NUM
cjal-3321	269	38	(	(	PUNCT
cjal-3321	269	39	2011	2011	NUM
cjal-3321	269	40	)	)	PUNCT
cjal-3321	269	41	.	.	PUNCT
cjal-3321	270	1	,	,	PUNCT
cjal-3321	270	2	6	6	NUM
cjal-3321	270	3	see	see	VERB
cjal-3321	270	4	supra	supra	PROPN
cjal-3321	270	5	note	note	NOUN
cjal-3321	270	6	20	20	NUM
cjal-3321	270	7	and	and	CCONJ
cjal-3321	270	8	accompanying	accompany	VERB
cjal-3321	270	9	text	text	NOUN
cjal-3321	270	10	.	.	PUNCT
cjal-3321	271	1	"	"	PUNCT
cjal-3321	271	2	7	7	NUM
cjal-3321	271	3	see	see	VERB
cjal-3321	271	4	company	company	NOUN
cjal-3321	271	5	law	law	NOUN
cjal-3321	271	6	,	,	PUNCT
cjal-3321	271	7	supra	supra	PROPN
cjal-3321	271	8	note	note	NOUN
cjal-3321	271	9	20	20	NUM
cjal-3321	271	10	,	,	PUNCT
cjal-3321	271	11	art	art	NOUN
cjal-3321	271	12	.	.	PUNCT
cjal-3321	272	1	152	152	NUM
cjal-3321	272	2	.	.	PUNCT
cjal-3321	273	1	the	the	DET
cjal-3321	273	2	efficacy	efficacy	NOUN
cjal-3321	273	3	of	of	ADP
cjal-3321	273	4	chinese	chinese	ADJ
cjal-3321	273	5	takeover	takeover	NOUN
cjal-3321	273	6	laws	law	NOUN
cjal-3321	273	7	1	1	NUM
cjal-3321	273	8	.	.	PUNCT
cjal-3321	273	9	takeover	takeover	NOUN
cjal-3321	273	10	fiduciary	fiduciary	ADJ
cjal-3321	273	11	duty	duty	NOUN
cjal-3321	273	12	takeover	takeover	NOUN
cjal-3321	273	13	fiduciary	fiduciary	ADJ
cjal-3321	273	14	duty	duty	NOUN
cjal-3321	273	15	is	be	AUX
cjal-3321	273	16	an	an	DET
cjal-3321	273	17	agglomeration	agglomeration	NOUN
cjal-3321	273	18	of	of	ADP
cjal-3321	273	19	multiple	multiple	ADJ
cjal-3321	273	20	fiduciary	fiduciary	ADJ
cjal-3321	273	21	duties	duty	NOUN
cjal-3321	273	22	in	in	ADP
cjal-3321	273	23	business	business	NOUN
cjal-3321	273	24	laws	law	NOUN
cjal-3321	273	25	.	.	PUNCT
cjal-3321	273	26	'	'	PUNCT
cjal-3321	274	1	8	8	NUM
cjal-3321	274	2	as	as	ADP
cjal-3321	274	3	takeover	takeover	NOUN
cjal-3321	274	4	fiduciary	fiduciary	ADJ
cjal-3321	274	5	duty	duty	NOUN
cjal-3321	274	6	's	's	PART
cjal-3321	274	7	sine	sine	ADJ
cjal-3321	274	8	qua	qua	CCONJ
cjal-3321	274	9	non	non	ADJ
cjal-3321	274	10	,	,	PUNCT
cjal-3321	274	11	article	article	NOUN
cjal-3321	274	12	148	148	NUM
cjal-3321	274	13	of	of	ADP
cjal-3321	274	14	the	the	DET
cjal-3321	274	15	company	company	NOUN
cjal-3321	274	16	law	law	NOUN
cjal-3321	274	17	outlines	outline	VERB
cjal-3321	274	18	the	the	DET
cjal-3321	274	19	general	general	ADJ
cjal-3321	274	20	fiduciary	fiduciary	ADJ
cjal-3321	274	21	liability	liability	NOUN
cjal-3321	274	22	of	of	ADP
cjal-3321	274	23	directors	director	NOUN
cjal-3321	274	24	and	and	CCONJ
cjal-3321	274	25	mangers	manger	NOUN
cjal-3321	274	26	.	.	PUNCT
cjal-3321	274	27	"	"	PUNCT
cjal-3321	275	1	it	it	PRON
cjal-3321	275	2	states	state	VERB
cjal-3321	275	3	:	:	PUNCT
cjal-3321	275	4	"	"	PUNCT
cjal-3321	275	5	the	the	DET
cjal-3321	275	6	directors	director	NOUN
cjal-3321	275	7	,	,	PUNCT
cjal-3321	275	8	supervisors	supervisor	NOUN
cjal-3321	275	9	and	and	CCONJ
cjal-3321	275	10	senior	senior	ADJ
cjal-3321	275	11	managers	manager	NOUN
cjal-3321	275	12	shall	shall	AUX
cjal-3321	275	13	comply	comply	VERB
cjal-3321	275	14	with	with	ADP
cjal-3321	275	15	the	the	DET
cjal-3321	275	16	laws	law	NOUN
cjal-3321	275	17	,	,	PUNCT
cjal-3321	275	18	administrative	administrative	ADJ
cjal-3321	275	19	regulations	regulation	NOUN
cjal-3321	275	20	,	,	PUNCT
cjal-3321	275	21	and	and	CCONJ
cjal-3321	275	22	bylaws	bylaw	NOUN
cjal-3321	275	23	.	.	PUNCT
cjal-3321	276	1	they	they	PRON
cjal-3321	276	2	shall	shall	AUX
cjal-3321	276	3	bear	bear	VERB
cjal-3321	276	4	the	the	DET
cjal-3321	276	5	obligations	obligation	NOUN
cjal-3321	276	6	of	of	ADP
cjal-3321	276	7	fidelity	fidelity	NOUN
cjal-3321	276	8	and	and	CCONJ
cjal-3321	276	9	diligence	diligence	NOUN
cjal-3321	276	10	to	to	ADP
cjal-3321	276	11	the	the	DET
cjal-3321	276	12	company	company	NOUN
cjal-3321	276	13	....	....	PUNCT
cjal-3321	276	14	,	,	PUNCT
cjal-3321	276	15	the	the	DET
cjal-3321	276	16	company	company	NOUN
cjal-3321	276	17	law	law	NOUN
cjal-3321	276	18	by	by	ADP
cjal-3321	276	19	itself	itself	PRON
cjal-3321	276	20	does	do	AUX
cjal-3321	276	21	not	not	PART
cjal-3321	276	22	seem	seem	VERB
cjal-3321	276	23	to	to	PART
cjal-3321	276	24	limit	limit	VERB
cjal-3321	276	25	the	the	DET
cjal-3321	276	26	board	board	NOUN
cjal-3321	276	27	's	's	PART
cjal-3321	276	28	antitakeover	antitakeover	ADJ
cjal-3321	276	29	tactics	tactic	NOUN
cjal-3321	276	30	.	.	PUNCT
cjal-3321	277	1	nevertheless	nevertheless	ADV
cjal-3321	277	2	,	,	PUNCT
cjal-3321	277	3	article	article	NOUN
cjal-3321	277	4	8	8	NUM
cjal-3321	277	5	of	of	ADP
cjal-3321	277	6	the	the	DET
cjal-3321	277	7	measures	measure	NOUN
cjal-3321	277	8	requires	require	VERB
cjal-3321	277	9	directors	director	NOUN
cjal-3321	277	10	,	,	PUNCT
cjal-3321	277	11	supervisors	supervisor	NOUN
cjal-3321	277	12	,	,	PUNCT
cjal-3321	277	13	and	and	CCONJ
cjal-3321	277	14	senior	senior	ADJ
cjal-3321	277	15	managers	manager	NOUN
cjal-3321	277	16	of	of	ADP
cjal-3321	277	17	a	a	DET
cjal-3321	277	18	target	target	NOUN
cjal-3321	277	19	company	company	NOUN
cjal-3321	277	20	to	to	PART
cjal-3321	277	21	assume	assume	VERB
cjal-3321	277	22	the	the	DET
cjal-3321	277	23	obligation	obligation	NOUN
cjal-3321	277	24	of	of	ADP
cjal-3321	277	25	fidelity	fidelity	NOUN
cjal-3321	277	26	and	and	CCONJ
cjal-3321	277	27	diligence	diligence	NOUN
cjal-3321	277	28	,	,	PUNCT
cjal-3321	277	29	and	and	CCONJ
cjal-3321	277	30	"	"	PUNCT
cjal-3321	277	31	equally	equally	ADV
cjal-3321	277	32	treat	treat	VERB
cjal-3321	277	33	"	"	PUNCT
cjal-3321	277	34	all	all	DET
cjal-3321	277	35	the	the	DET
cjal-3321	277	36	potential	potential	ADJ
cjal-3321	277	37	purchasers	purchaser	NOUN
cjal-3321	277	38	that	that	PRON
cjal-3321	277	39	intend	intend	VERB
cjal-3321	277	40	to	to	PART
cjal-3321	277	41	take	take	VERB
cjal-3321	277	42	over	over	ADP
cjal-3321	277	43	the	the	DET
cjal-3321	277	44	company	company	NOUN
cjal-3321	277	45	.	.	PUNCT
cjal-3321	278	1	6	6	NUM
cjal-3321	278	2	'	'	PUNCT
cjal-3321	278	3	the	the	DET
cjal-3321	278	4	article	article	NOUN
cjal-3321	278	5	explains	explain	VERB
cjal-3321	278	6	what	what	PRON
cjal-3321	278	7	"	"	PUNCT
cjal-3321	278	8	equally	equally	ADV
cjal-3321	278	9	treat	treat	ADJ
cjal-3321	278	10	"	"	PUNCT
cjal-3321	278	11	means	mean	NOUN
cjal-3321	278	12	in	in	ADP
cjal-3321	278	13	terms	term	NOUN
cjal-3321	278	14	of	of	ADP
cjal-3321	278	15	reining	rein	VERB
cjal-3321	278	16	the	the	DET
cjal-3321	278	17	board	board	NOUN
cjal-3321	278	18	's	's	PART
cjal-3321	278	19	discretionary	discretionary	ADJ
cjal-3321	278	20	power	power	NOUN
cjal-3321	278	21	to	to	PART
cjal-3321	278	22	resist	resist	VERB
cjal-3321	278	23	takeovers	takeover	NOUN
cjal-3321	278	24	:	:	PUNCT
cjal-3321	278	25	the	the	DET
cjal-3321	278	26	decisions	decision	NOUN
cjal-3321	278	27	made	make	VERB
cjal-3321	278	28	and	and	CCONJ
cjal-3321	278	29	the	the	DET
cjal-3321	278	30	measures	measure	NOUN
cjal-3321	278	31	taken	take	VERB
cjal-3321	278	32	by	by	ADP
cjal-3321	278	33	the	the	DET
cjal-3321	278	34	board	board	NOUN
cjal-3321	278	35	of	of	ADP
cjal-3321	278	36	directors	director	NOUN
cjal-3321	278	37	of	of	ADP
cjal-3321	278	38	a	a	DET
cjal-3321	278	39	target	target	NOUN
cjal-3321	278	40	company	company	NOUN
cjal-3321	278	41	for	for	ADP
cjal-3321	278	42	the	the	DET
cjal-3321	278	43	takeover	takeover	NOUN
cjal-3321	278	44	shall	shall	AUX
cjal-3321	278	45	be	be	AUX
cjal-3321	278	46	good	good	ADJ
cjal-3321	278	47	for	for	ADP
cjal-3321	278	48	maintaining	maintain	VERB
cjal-3321	278	49	the	the	DET
cjal-3321	278	50	rights	right	NOUN
cjal-3321	278	51	of	of	ADP
cjal-3321	278	52	the	the	DET
cjal-3321	278	53	company	company	NOUN
cjal-3321	278	54	and	and	CCONJ
cjal-3321	278	55	its	its	PRON
cjal-3321	278	56	shareholders	shareholder	NOUN
cjal-3321	278	57	,	,	PUNCT
cjal-3321	278	58	and	and	CCONJ
cjal-3321	278	59	shall	shall	AUX
cjal-3321	278	60	not	not	PART
cjal-3321	278	61	set	set	VERB
cjal-3321	278	62	any	any	DET
cjal-3321	278	63	improper	improper	ADJ
cjal-3321	278	64	obstacle	obstacle	NOUN
cjal-3321	278	65	to	to	ADP
cjal-3321	278	66	the	the	DET
cjal-3321	278	67	takeover	takeover	NOUN
cjal-3321	278	68	by	by	ADP
cjal-3321	278	69	misusing	misuse	VERB
cjal-3321	278	70	its	its	PRON
cjal-3321	278	71	authorities	authority	NOUN
cjal-3321	278	72	,	,	PUNCT
cjal-3321	278	73	nor	nor	CCONJ
cjal-3321	278	74	may	may	AUX
cjal-3321	278	75	it	it	PRON
cjal-3321	278	76	provide	provide	VERB
cjal-3321	278	77	any	any	DET
cjal-3321	278	78	means	mean	NOUN
cjal-3321	278	79	of	of	ADP
cjal-3321	278	80	financial	financial	ADJ
cjal-3321	278	81	aid	aid	NOUN
cjal-3321	278	82	to	to	ADP
cjal-3321	278	83	the	the	DET
cjal-3321	278	84	purchaser	purchaser	NOUN
cjal-3321	278	85	by	by	ADP
cjal-3321	278	86	making	make	VERB
cjal-3321	278	87	use	use	NOUN
cjal-3321	278	88	of	of	ADP
cjal-3321	278	89	the	the	DET
cjal-3321	278	90	sources	source	NOUN
cjal-3321	278	91	of	of	ADP
cjal-3321	278	92	the	the	DET
cjal-3321	278	93	target	target	NOUN
cjal-3321	278	94	company	company	NOUN
cjal-3321	278	95	or	or	CCONJ
cjal-3321	278	96	damage	damage	VERB
cjal-3321	278	97	the	the	DET
cjal-3321	278	98	lawful	lawful	ADJ
cjal-3321	278	99	rights	right	NOUN
cjal-3321	278	100	and	and	CCONJ
cjal-3321	278	101	interests	interest	NOUN
cjal-3321	278	102	of	of	ADP
cjal-3321	278	103	the	the	DET
cjal-3321	278	104	target	target	NOUN
cjal-3321	278	105	company	company	NOUN
cjal-3321	278	106	or	or	CCONJ
cjal-3321	278	107	its	its	PRON
cjal-3321	278	108	shareholders	shareholder	NOUN
cjal-3321	278	109	.	.	PUNCT
cjal-3321	279	1	62	62	NUM
cjal-3321	279	2	58	58	NUM
cjal-3321	279	3	the	the	DET
cjal-3321	279	4	delaware	delaware	PROPN
cjal-3321	279	5	supreme	supreme	PROPN
cjal-3321	279	6	court	court	PROPN
cjal-3321	279	7	in	in	ADP
cjal-3321	279	8	unocal	unocal	PROPN
cjal-3321	279	9	corp	corp	PROPN
cjal-3321	279	10	.	.	PROPN
cjal-3321	279	11	v.	v.	PROPN
cjal-3321	279	12	mesa	mesa	PROPN
cjal-3321	279	13	petroleum	petroleum	PROPN
cjal-3321	279	14	co.	co.	PROPN
cjal-3321	279	15	,	,	PUNCT
cjal-3321	279	16	493	493	NUM
cjal-3321	279	17	a.2d	a.2d	SYM
cjal-3321	279	18	946	946	NUM
cjal-3321	279	19	(	(	PUNCT
cjal-3321	279	20	del	del	PROPN
cjal-3321	279	21	.	.	PROPN
cjal-3321	279	22	1985	1985	NUM
cjal-3321	279	23	)	)	PUNCT
cjal-3321	279	24	held	hold	VERB
cjal-3321	279	25	that	that	SCONJ
cjal-3321	279	26	the	the	DET
cjal-3321	279	27	board	board	NOUN
cjal-3321	279	28	of	of	ADP
cjal-3321	279	29	directors	director	NOUN
cjal-3321	279	30	had	have	VERB
cjal-3321	279	31	wide	wide	ADJ
cjal-3321	279	32	latitude	latitude	NOUN
cjal-3321	279	33	to	to	PART
cjal-3321	279	34	take	take	VERB
cjal-3321	279	35	effective	effective	ADJ
cjal-3321	279	36	measures	measure	NOUN
cjal-3321	279	37	that	that	PRON
cjal-3321	279	38	protect	protect	VERB
cjal-3321	279	39	their	their	PRON
cjal-3321	279	40	firms	firm	NOUN
cjal-3321	279	41	from	from	ADP
cjal-3321	279	42	being	be	AUX
cjal-3321	279	43	taken	take	VERB
cjal-3321	279	44	over	over	ADP
cjal-3321	279	45	.	.	PUNCT
cjal-3321	280	1	the	the	DET
cjal-3321	280	2	court	court	NOUN
cjal-3321	280	3	upheld	uphold	VERB
cjal-3321	280	4	the	the	DET
cjal-3321	280	5	legality	legality	NOUN
cjal-3321	280	6	of	of	ADP
cjal-3321	280	7	employing	employ	VERB
cjal-3321	280	8	a	a	DET
cjal-3321	280	9	self	self	NOUN
cjal-3321	280	10	-	-	PUNCT
cjal-3321	280	11	tender	tender	NOUN
cjal-3321	280	12	that	that	PRON
cjal-3321	280	13	discriminated	discriminate	VERB
cjal-3321	280	14	against	against	ADP
cjal-3321	280	15	the	the	DET
cjal-3321	280	16	bidder	bidder	NOUN
cjal-3321	280	17	.	.	PUNCT
cjal-3321	281	1	moreover	moreover	ADV
cjal-3321	281	2	,	,	PUNCT
cjal-3321	281	3	the	the	DET
cjal-3321	281	4	court	court	NOUN
cjal-3321	281	5	concluded	conclude	VERB
cjal-3321	281	6	that	that	SCONJ
cjal-3321	281	7	a	a	DET
cjal-3321	281	8	board	board	NOUN
cjal-3321	281	9	should	should	AUX
cjal-3321	281	10	respond	respond	VERB
cjal-3321	281	11	reasonably	reasonably	ADV
cjal-3321	281	12	to	to	ADP
cjal-3321	281	13	any	any	DET
cjal-3321	281	14	threat	threat	NOUN
cjal-3321	281	15	posed	pose	VERB
cjal-3321	281	16	,	,	PUNCT
cjal-3321	281	17	but	but	CCONJ
cjal-3321	281	18	may	may	AUX
cjal-3321	281	19	not	not	PART
cjal-3321	281	20	take	take	VERB
cjal-3321	281	21	steps	step	NOUN
cjal-3321	281	22	that	that	PRON
cjal-3321	281	23	are	be	AUX
cjal-3321	281	24	"	"	PUNCT
cjal-3321	281	25	draconian	draconian	ADJ
cjal-3321	281	26	"	"	PUNCT
cjal-3321	281	27	in	in	ADP
cjal-3321	281	28	defending	defend	VERB
cjal-3321	281	29	against	against	ADP
cjal-3321	281	30	a	a	DET
cjal-3321	281	31	takeover	takeover	NOUN
cjal-3321	281	32	.	.	PUNCT
cjal-3321	282	1	in	in	ADP
cjal-3321	282	2	revlon	revlon	PROPN
cjal-3321	282	3	,	,	PUNCT
cjal-3321	282	4	inc	inc	PROPN
cjal-3321	282	5	.	.	PROPN
cjal-3321	282	6	v.	v.	ADP
cjal-3321	282	7	macandrews	macandrews	PROPN
cjal-3321	282	8	&	&	CCONJ
cjal-3321	282	9	forbes	forbes	PROPN
cjal-3321	282	10	holdings	holdings	PROPN
cjal-3321	282	11	,	,	PUNCT
cjal-3321	282	12	inc	inc	PROPN
cjal-3321	282	13	.	.	PROPN
cjal-3321	282	14	,	,	PUNCT
cjal-3321	282	15	506	506	NUM
cjal-3321	282	16	a.2d	a.2d	SYM
cjal-3321	282	17	173	173	NUM
cjal-3321	282	18	(	(	PUNCT
cjal-3321	282	19	del	del	PROPN
cjal-3321	282	20	.	.	PROPN
cjal-3321	282	21	1985	1985	NUM
cjal-3321	282	22	)	)	PUNCT
cjal-3321	282	23	,	,	PUNCT
cjal-3321	282	24	the	the	DET
cjal-3321	282	25	court	court	NOUN
cjal-3321	282	26	held	hold	VERB
cjal-3321	282	27	that	that	SCONJ
cjal-3321	282	28	once	once	SCONJ
cjal-3321	282	29	the	the	DET
cjal-3321	282	30	board	board	NOUN
cjal-3321	282	31	decides	decide	VERB
cjal-3321	282	32	to	to	PART
cjal-3321	282	33	sell	sell	VERB
cjal-3321	282	34	the	the	DET
cjal-3321	282	35	company	company	NOUN
cjal-3321	282	36	,	,	PUNCT
cjal-3321	282	37	the	the	DET
cjal-3321	282	38	director	director	NOUN
cjal-3321	282	39	's	's	PART
cjal-3321	282	40	duty	duty	NOUN
cjal-3321	282	41	will	will	AUX
cjal-3321	282	42	shift	shift	VERB
cjal-3321	282	43	to	to	ADP
cjal-3321	282	44	pursuing	pursue	VERB
cjal-3321	282	45	"	"	PUNCT
cjal-3321	282	46	the	the	DET
cjal-3321	282	47	highest	high	ADJ
cjal-3321	282	48	price	price	NOUN
cjal-3321	282	49	for	for	ADP
cjal-3321	282	50	the	the	DET
cjal-3321	282	51	benefit	benefit	NOUN
cjal-3321	282	52	of	of	ADP
cjal-3321	282	53	the	the	DET
cjal-3321	282	54	stockholders	stockholder	NOUN
cjal-3321	282	55	.	.	PUNCT
cjal-3321	282	56	"	"	PUNCT
cjal-3321	283	1	i	i	PRON
cjal-3321	283	2	d.	d.	PROPN
cjal-3321	283	3	at	at	ADP
cjal-3321	283	4	182	182	NUM
cjal-3321	283	5	.	.	PUNCT
cjal-3321	284	1	the	the	DET
cjal-3321	284	2	later	later	ADJ
cjal-3321	284	3	decisions	decision	NOUN
cjal-3321	284	4	in	in	ADP
cjal-3321	284	5	the	the	DET
cjal-3321	284	6	mid-199os	mid-199os	NOUN
cjal-3321	284	7	,	,	PUNCT
cjal-3321	284	8	paramount	paramount	PROPN
cjal-3321	284	9	commc'n	commc'n	PROPN
cjal-3321	284	10	inc	inc	PROPN
cjal-3321	284	11	.	.	PROPN
cjal-3321	284	12	v.	v.	PROPN
cjal-3321	284	13	qvc	qvc	PROPN
cjal-3321	284	14	network	network	PROPN
cjal-3321	284	15	inc	inc	PROPN
cjal-3321	284	16	.	.	PROPN
cjal-3321	284	17	,	,	PUNCT
cjal-3321	284	18	637	637	NUM
cjal-3321	284	19	a.2d	a.2d	SYM
cjal-3321	284	20	34	34	NUM
cjal-3321	284	21	(	(	PUNCT
cjal-3321	284	22	del	del	PROPN
cjal-3321	284	23	.	.	PROPN
cjal-3321	284	24	1994	1994	NUM
cjal-3321	284	25	)	)	PUNCT
cjal-3321	284	26	and	and	CCONJ
cjal-3321	284	27	unitrin	unitrin	PROPN
cjal-3321	284	28	,	,	PUNCT
cjal-3321	284	29	inc	inc	PROPN
cjal-3321	284	30	.	.	PROPN
cjal-3321	285	1	v.	v.	PROPN
cjal-3321	285	2	am	be	AUX
cjal-3321	285	3	.	.	PUNCT
cjal-3321	286	1	gen	gen	PROPN
cjal-3321	286	2	.	.	PROPN
cjal-3321	286	3	corp	corp	PROPN
cjal-3321	286	4	.	.	PROPN
cjal-3321	286	5	,	,	PUNCT
cjal-3321	286	6	651	651	NUM
cjal-3321	286	7	a.2d	a.2d	SYM
cjal-3321	286	8	1361	1361	NUM
cjal-3321	286	9	(	(	PUNCT
cjal-3321	286	10	del	del	PROPN
cjal-3321	286	11	.	.	PROPN
cjal-3321	286	12	1995	1995	NUM
cjal-3321	286	13	)	)	PUNCT
cjal-3321	286	14	,	,	PUNCT
cjal-3321	286	15	changed	change	VERB
cjal-3321	286	16	the	the	DET
cjal-3321	286	17	"	"	PUNCT
cjal-3321	286	18	defensive	defensive	ADJ
cjal-3321	286	19	"	"	PUNCT
cjal-3321	286	20	business	business	NOUN
cjal-3321	286	21	judgment	judgment	NOUN
cjal-3321	286	22	rule	rule	NOUN
cjal-3321	286	23	from	from	ADP
cjal-3321	286	24	a	a	DET
cjal-3321	286	25	formal	formal	ADJ
cjal-3321	286	26	,	,	PUNCT
cjal-3321	286	27	rhetoric	rhetoric	NOUN
cjal-3321	286	28	instruction	instruction	NOUN
cjal-3321	286	29	into	into	ADP
cjal-3321	286	30	a	a	DET
cjal-3321	286	31	substantive	substantive	ADJ
cjal-3321	286	32	standard	standard	NOUN
cjal-3321	286	33	of	of	ADP
cjal-3321	286	34	review	review	NOUN
cjal-3321	286	35	.	.	PUNCT
cjal-3321	287	1	19	19	NUM
cjal-3321	287	2	company	company	NOUN
cjal-3321	287	3	law	law	NOUN
cjal-3321	287	4	,	,	PUNCT
cjal-3321	287	5	supra	supra	PROPN
cjal-3321	287	6	note	note	NOUN
cjal-3321	287	7	20	20	NUM
cjal-3321	287	8	,	,	PUNCT
cjal-3321	287	9	art	art	NOUN
cjal-3321	287	10	.	.	PUNCT
cjal-3321	288	1	148	148	NUM
cjal-3321	288	2	.	.	X
cjal-3321	289	1	6	6	NUM
cjal-3321	289	2	'	'	PUNCT
cjal-3321	289	3	i	i	PRON
cjal-3321	289	4	d.	d.	VERB
cjal-3321	289	5	there	there	PRON
cjal-3321	289	6	is	be	VERB
cjal-3321	289	7	no	no	DET
cjal-3321	289	8	official	official	ADJ
cjal-3321	289	9	english	english	ADJ
cjal-3321	289	10	version	version	NOUN
cjal-3321	289	11	of	of	ADP
cjal-3321	289	12	the	the	DET
cjal-3321	289	13	company	company	NOUN
cjal-3321	289	14	law	law	NOUN
cjal-3321	289	15	,	,	PUNCT
cjal-3321	289	16	although	although	SCONJ
cjal-3321	289	17	many	many	ADJ
cjal-3321	289	18	unofficial	unofficial	ADJ
cjal-3321	289	19	versions	version	NOUN
cjal-3321	289	20	exist	exist	VERB
cjal-3321	289	21	.	.	PUNCT
cjal-3321	290	1	in	in	ADP
cjal-3321	290	2	chinese	chinese	PROPN
cjal-3321	290	3	,	,	PUNCT
cjal-3321	290	4	the	the	DET
cjal-3321	290	5	duty	duty	NOUN
cjal-3321	290	6	of	of	ADP
cjal-3321	290	7	loyalty	loyalty	NOUN
cjal-3321	290	8	is	be	AUX
cjal-3321	290	9	same	same	ADJ
cjal-3321	290	10	as	as	ADP
cjal-3321	290	11	the	the	DET
cjal-3321	290	12	duty	duty	NOUN
cjal-3321	290	13	of	of	ADP
cjal-3321	290	14	fidelity	fidelity	NOUN
cjal-3321	290	15	and	and	CCONJ
cjal-3321	290	16	is	be	AUX
cjal-3321	290	17	called	call	VERB
cjal-3321	290	18	"	"	PUNCT
cjal-3321	290	19	.p,-,3."-"(zhongshi	.p,-,3."-"(zhongshi	PROPN
cjal-3321	290	20	yiwu	yiwu	PROPN
cjal-3321	290	21	)	)	PUNCT
cjal-3321	290	22	.	.	PUNCT
cjal-3321	291	1	while	while	SCONJ
cjal-3321	291	2	there	there	PRON
cjal-3321	291	3	are	be	VERB
cjal-3321	291	4	numerous	numerous	ADJ
cjal-3321	291	5	chinese	chinese	ADJ
cjal-3321	291	6	translations	translation	NOUN
cjal-3321	291	7	of	of	ADP
cjal-3321	291	8	duty	duty	NOUN
cjal-3321	291	9	of	of	ADP
cjal-3321	291	10	care	care	NOUN
cjal-3321	291	11	,	,	PUNCT
cjal-3321	291	12	the	the	DET
cjal-3321	291	13	one	one	NOUN
cjal-3321	291	14	picked	pick	VERB
cjal-3321	291	15	by	by	ADP
cjal-3321	291	16	the	the	DET
cjal-3321	291	17	legislature	legislature	NOUN
cjal-3321	291	18	roughly	roughly	ADV
cjal-3321	291	19	translates	translate	VERB
cjal-3321	291	20	into	into	ADP
cjal-3321	291	21	"	"	PUNCT
cjal-3321	291	22	duty	duty	NOUN
cjal-3321	291	23	of	of	ADP
cjal-3321	291	24	diligence	diligence	NOUN
cjal-3321	291	25	"	"	PUNCT
cjal-3321	291	26	(	(	PUNCT
cjal-3321	291	27	r	r	NOUN
cjal-3321	291	28	3	3	NUM
cjal-3321	291	29	&	&	CCONJ
cjal-3321	291	30	.	.	PUNCT
cjal-3321	291	31	)	)	PUNCT
cjal-3321	292	1	(	(	PUNCT
cjal-3321	292	2	qimian	qimian	PROPN
cjal-3321	292	3	yiwu	yiwu	PROPN
cjal-3321	292	4	)	)	PUNCT
cjal-3321	292	5	.	.	PUNCT
cjal-3321	293	1	there	there	PRON
cjal-3321	293	2	is	be	VERB
cjal-3321	293	3	little	little	ADJ
cjal-3321	293	4	evidence	evidence	NOUN
cjal-3321	293	5	that	that	SCONJ
cjal-3321	293	6	the	the	DET
cjal-3321	293	7	adaptation	adaptation	NOUN
cjal-3321	293	8	of	of	ADP
cjal-3321	293	9	qimian	qimian	ADJ
cjal-3321	293	10	yiwu	yiwu	PROPN
cjal-3321	293	11	was	be	AUX
cjal-3321	293	12	anything	anything	PRON
cjal-3321	293	13	more	more	ADJ
cjal-3321	293	14	than	than	ADP
cjal-3321	293	15	an	an	DET
cjal-3321	293	16	arbitrary	arbitrary	ADJ
cjal-3321	293	17	selection	selection	NOUN
cjal-3321	293	18	among	among	ADP
cjal-3321	293	19	many	many	ADJ
cjal-3321	293	20	translations	translation	NOUN
cjal-3321	293	21	or	or	CCONJ
cjal-3321	293	22	that	that	SCONJ
cjal-3321	293	23	it	it	PRON
cjal-3321	293	24	indicates	indicate	VERB
cjal-3321	293	25	any	any	DET
cjal-3321	293	26	conscious	conscious	ADJ
cjal-3321	293	27	legislative	legislative	ADJ
cjal-3321	293	28	intent	intent	NOUN
cjal-3321	293	29	to	to	PART
cjal-3321	293	30	deviate	deviate	VERB
cjal-3321	293	31	from	from	ADP
cjal-3321	293	32	the	the	DET
cjal-3321	293	33	western	western	ADJ
cjal-3321	293	34	understanding	understanding	NOUN
cjal-3321	293	35	of	of	ADP
cjal-3321	293	36	duty	duty	NOUN
cjal-3321	293	37	of	of	ADP
cjal-3321	293	38	care	care	NOUN
cjal-3321	293	39	.	.	PUNCT
cjal-3321	294	1	6	6	NUM
cjal-3321	294	2	,	,	PUNCT
cjal-3321	294	3	measures	measure	NOUN
cjal-3321	294	4	for	for	ADP
cjal-3321	294	5	administration	administration	NOUN
cjal-3321	294	6	of	of	ADP
cjal-3321	294	7	takeovers	takeover	NOUN
cjal-3321	294	8	,	,	PUNCT
cjal-3321	294	9	supra	supra	PROPN
cjal-3321	294	10	note	note	NOUN
cjal-3321	294	11	6	6	NUM
cjal-3321	294	12	,	,	PUNCT
cjal-3321	294	13	art	art	NOUN
cjal-3321	294	14	.	.	PUNCT
cjal-3321	295	1	8	8	NUM
cjal-3321	295	2	.	.	X
cjal-3321	295	3	62	62	NUM
cjal-3321	296	1	i	i	PRON
cjal-3321	296	2	d.	d.	PROPN
cjal-3321	296	3	195	195	NUM
cjal-3321	296	4	columbia	columbia	PROPN
cjal-3321	296	5	journal	journal	PROPN
cjal-3321	296	6	ofasian	ofasian	ADJ
cjal-3321	296	7	law	law	NOUN
cjal-3321	296	8	,	,	PUNCT
cjal-3321	296	9	vol	vol	NOUN
cjal-3321	296	10	.	.	PROPN
cjal-3321	296	11	25	25	NUM
cjal-3321	296	12	,	,	PUNCT
cjal-3321	296	13	no	no	INTJ
cjal-3321	296	14	.	.	NOUN
cjal-3321	296	15	2	2	NUM
cjal-3321	296	16	(	(	PUNCT
cjal-3321	296	17	2012	2012	NUM
cjal-3321	296	18	)	)	PUNCT
cjal-3321	296	19	ostensibly	ostensibly	ADV
cjal-3321	296	20	,	,	PUNCT
cjal-3321	296	21	the	the	DET
cjal-3321	296	22	board	board	NOUN
cjal-3321	296	23	or	or	CCONJ
cjal-3321	296	24	senior	senior	ADJ
cjal-3321	296	25	executives	executive	NOUN
cjal-3321	296	26	can	can	AUX
cjal-3321	296	27	neither	neither	CCONJ
cjal-3321	296	28	favor	favor	VERB
cjal-3321	296	29	one	one	NUM
cjal-3321	296	30	bidder	bidder	NOUN
cjal-3321	296	31	over	over	ADP
cjal-3321	296	32	another	another	PRON
cjal-3321	296	33	by	by	ADP
cjal-3321	296	34	financing	finance	VERB
cjal-3321	296	35	the	the	DET
cjal-3321	296	36	favorable	favorable	ADJ
cjal-3321	296	37	one	one	NOUN
cjal-3321	296	38	,	,	PUNCT
cjal-3321	296	39	nor	nor	CCONJ
cjal-3321	296	40	expel	expel	VERB
cjal-3321	296	41	one	one	NUM
cjal-3321	296	42	bidder	bidder	NOUN
cjal-3321	296	43	by	by	ADP
cjal-3321	296	44	initiating	initiate	VERB
cjal-3321	296	45	antitakeover	antitakeover	ADJ
cjal-3321	296	46	actions	action	NOUN
cjal-3321	296	47	that	that	PRON
cjal-3321	296	48	put	put	VERB
cjal-3321	296	49	interests	interest	NOUN
cjal-3321	296	50	of	of	ADP
cjal-3321	296	51	management	management	NOUN
cjal-3321	296	52	over	over	ADP
cjal-3321	296	53	those	those	PRON
cjal-3321	296	54	of	of	ADP
cjal-3321	296	55	shareholders	shareholder	NOUN
cjal-3321	296	56	.	.	PUNCT
cjal-3321	297	1	yet	yet	CCONJ
cjal-3321	297	2	it	it	PRON
cjal-3321	297	3	is	be	AUX
cjal-3321	297	4	still	still	ADV
cjal-3321	297	5	unclear	unclear	ADJ
cjal-3321	297	6	whether	whether	SCONJ
cjal-3321	297	7	ex	ex	PRON
cjal-3321	297	8	ante	ante	VERB
cjal-3321	297	9	antitakeover	antitakeover	ADJ
cjal-3321	297	10	actions	action	NOUN
cjal-3321	297	11	,	,	PUNCT
cjal-3321	297	12	such	such	ADJ
cjal-3321	297	13	as	as	ADP
cjal-3321	297	14	management	management	NOUN
cjal-3321	297	15	-	-	PUNCT
cjal-3321	297	16	initiated	initiate	VERB
cjal-3321	297	17	inclusion	inclusion	NOUN
cjal-3321	297	18	of	of	ADP
cjal-3321	297	19	a	a	DET
cjal-3321	297	20	staggered	staggered	ADJ
cjal-3321	297	21	board	board	NOUN
cjal-3321	297	22	or	or	CCONJ
cjal-3321	297	23	an	an	DET
cjal-3321	297	24	auto	auto	NOUN
cjal-3321	297	25	-	-	PUNCT
cjal-3321	297	26	activated	activate	VERB
cjal-3321	297	27	right	right	ADJ
cjal-3321	297	28	plan	plan	NOUN
cjal-3321	297	29	in	in	ADP
cjal-3321	297	30	the	the	DET
cjal-3321	297	31	company	company	NOUN
cjal-3321	297	32	's	's	PART
cjal-3321	297	33	articles	article	NOUN
cjal-3321	297	34	of	of	ADP
cjal-3321	297	35	association	association	NOUN
cjal-3321	297	36	,	,	PUNCT
cjal-3321	297	37	are	be	AUX
cjal-3321	297	38	permitted	permit	VERB
cjal-3321	297	39	under	under	ADP
cjal-3321	297	40	the	the	DET
cjal-3321	297	41	current	current	ADJ
cjal-3321	297	42	laws.6	laws.6	PROPN
cjal-3321	297	43	"	"	PUNCT
cjal-3321	297	44	aside	aside	ADV
cjal-3321	297	45	from	from	ADP
cjal-3321	297	46	management	management	NOUN
cjal-3321	297	47	,	,	PUNCT
cjal-3321	297	48	the	the	DET
cjal-3321	297	49	securities	security	NOUN
cjal-3321	297	50	law	law	NOUN
cjal-3321	297	51	and	and	CCONJ
cjal-3321	297	52	the	the	DET
cjal-3321	297	53	measures	measure	NOUN
cjal-3321	297	54	also	also	ADV
cjal-3321	297	55	govern	govern	VERB
cjal-3321	297	56	other	other	ADJ
cjal-3321	297	57	essential	essential	ADJ
cjal-3321	297	58	gatekeepers	gatekeeper	NOUN
cjal-3321	297	59	such	such	ADJ
cjal-3321	297	60	as	as	ADP
cjal-3321	297	61	consultants.6	consultants.6	PROPN
cjal-3321	297	62	4	4	NUM
cjal-3321	297	63	both	both	PRON
cjal-3321	297	64	impose	impose	VERB
cjal-3321	297	65	fiduciary	fiduciary	ADJ
cjal-3321	297	66	duties	duty	NOUN
cjal-3321	297	67	on	on	ADP
cjal-3321	297	68	these	these	DET
cjal-3321	297	69	gatekeepers.6	gatekeepers.6	PROPN
cjal-3321	297	70	5	5	NUM
cjal-3321	297	71	specifically	specifically	ADV
cjal-3321	297	72	,	,	PUNCT
cjal-3321	297	73	the	the	DET
cjal-3321	297	74	securities	security	NOUN
cjal-3321	297	75	law	law	NOUN
cjal-3321	297	76	stipulates	stipulate	VERB
cjal-3321	297	77	that	that	SCONJ
cjal-3321	297	78	if	if	SCONJ
cjal-3321	297	79	the	the	DET
cjal-3321	297	80	gatekeepers	gatekeeper	NOUN
cjal-3321	297	81	violate	violate	VERB
cjal-3321	297	82	fiduciary	fiduciary	ADJ
cjal-3321	297	83	duties	duty	NOUN
cjal-3321	297	84	,	,	PUNCT
cjal-3321	297	85	they	they	PRON
cjal-3321	297	86	shall	shall	AUX
cjal-3321	297	87	bear	bear	VERB
cjal-3321	297	88	joint	joint	ADJ
cjal-3321	297	89	and	and	CCONJ
cjal-3321	297	90	several	several	ADJ
cjal-3321	297	91	liability	liability	NOUN
cjal-3321	297	92	together	together	ADV
cjal-3321	297	93	with	with	ADP
cjal-3321	297	94	the	the	DET
cjal-3321	297	95	listed	list	VERB
cjal-3321	297	96	company.66	company.66	NOUN
cjal-3321	297	97	it	it	PRON
cjal-3321	297	98	does	do	AUX
cjal-3321	297	99	not	not	PART
cjal-3321	297	100	,	,	PUNCT
cjal-3321	297	101	however	however	ADV
cjal-3321	297	102	,	,	PUNCT
cjal-3321	297	103	clarify	clarify	VERB
cjal-3321	297	104	who	who	PRON
cjal-3321	297	105	is	be	AUX
cjal-3321	297	106	eligible	eligible	ADJ
cjal-3321	297	107	to	to	PART
cjal-3321	297	108	sue	sue	VERB
cjal-3321	297	109	the	the	DET
cjal-3321	297	110	gatekeepers	gatekeeper	NOUN
cjal-3321	297	111	.	.	PUNCT
cjal-3321	298	1	in	in	ADP
cjal-3321	298	2	practice	practice	NOUN
cjal-3321	298	3	,	,	PUNCT
cjal-3321	298	4	fiduciary	fiduciary	ADJ
cjal-3321	298	5	duty	duty	NOUN
cjal-3321	298	6	litigation	litigation	NOUN
cjal-3321	298	7	against	against	ADP
cjal-3321	298	8	gatekeepers	gatekeeper	NOUN
cjal-3321	298	9	is	be	AUX
cjal-3321	298	10	rare	rare	ADJ
cjal-3321	298	11	because	because	SCONJ
cjal-3321	298	12	of	of	ADP
cjal-3321	298	13	this	this	DET
cjal-3321	298	14	uncertainty.6	uncertainty.6	PROPN
cjal-3321	298	15	,	,	PUNCT
cjal-3321	298	16	2	2	NUM
cjal-3321	298	17	.	.	X
cjal-3321	298	18	private	private	ADJ
cjal-3321	298	19	enforcement	enforcement	NOUN
cjal-3321	298	20	once	once	SCONJ
cjal-3321	298	21	fiduciary	fiduciary	ADJ
cjal-3321	298	22	duty	duty	NOUN
cjal-3321	298	23	framework	framework	NOUN
cjal-3321	298	24	has	have	AUX
cjal-3321	298	25	been	be	AUX
cjal-3321	298	26	laid	lay	VERB
cjal-3321	298	27	down	down	ADP
cjal-3321	298	28	,	,	PUNCT
cjal-3321	298	29	the	the	DET
cjal-3321	298	30	remaining	remain	VERB
cjal-3321	298	31	issue	issue	NOUN
cjal-3321	298	32	is	be	AUX
cjal-3321	298	33	how	how	SCONJ
cjal-3321	298	34	the	the	DET
cjal-3321	298	35	legal	legal	ADJ
cjal-3321	298	36	system	system	NOUN
cjal-3321	298	37	facilitates	facilitate	VERB
cjal-3321	298	38	private	private	ADJ
cjal-3321	298	39	enforcement	enforcement	NOUN
cjal-3321	298	40	of	of	ADP
cjal-3321	298	41	these	these	DET
cjal-3321	298	42	duties	duty	NOUN
cjal-3321	298	43	.	.	PUNCT
cjal-3321	299	1	in	in	ADP
cjal-3321	299	2	most	most	ADJ
cjal-3321	299	3	cases	case	NOUN
cjal-3321	299	4	,	,	PUNCT
cjal-3321	299	5	a	a	DET
cjal-3321	299	6	breach	breach	NOUN
cjal-3321	299	7	of	of	ADP
cjal-3321	299	8	fiduciary	fiduciary	ADJ
cjal-3321	299	9	duty	duty	NOUN
cjal-3321	299	10	may	may	AUX
cjal-3321	299	11	cause	cause	VERB
cjal-3321	299	12	damage	damage	NOUN
cjal-3321	299	13	to	to	ADP
cjal-3321	299	14	the	the	DET
cjal-3321	299	15	firm	firm	NOUN
cjal-3321	299	16	as	as	ADP
cjal-3321	299	17	a	a	DET
cjal-3321	299	18	whole	whole	NOUN
cjal-3321	299	19	.	.	PUNCT
cjal-3321	300	1	if	if	SCONJ
cjal-3321	300	2	shareholders	shareholder	NOUN
cjal-3321	300	3	want	want	VERB
cjal-3321	300	4	to	to	PART
cjal-3321	300	5	sue	sue	VERB
cjal-3321	300	6	for	for	ADP
cjal-3321	300	7	the	the	DET
cjal-3321	300	8	company	company	NOUN
cjal-3321	300	9	's	's	PART
cjal-3321	300	10	loss	loss	NOUN
cjal-3321	300	11	,	,	PUNCT
cjal-3321	300	12	they	they	PRON
cjal-3321	300	13	should	should	AUX
cjal-3321	300	14	be	be	AUX
cjal-3321	300	15	authorized	authorize	VERB
cjal-3321	300	16	to	to	PART
cjal-3321	300	17	bring	bring	VERB
cjal-3321	300	18	a	a	DET
cjal-3321	300	19	derivative	derivative	ADJ
cjal-3321	300	20	lawsuit	lawsuit	NOUN
cjal-3321	300	21	on	on	ADP
cjal-3321	300	22	behalf	behalf	NOUN
cjal-3321	300	23	of	of	ADP
cjal-3321	300	24	the	the	DET
cjal-3321	300	25	firm	firm	NOUN
cjal-3321	300	26	against	against	ADP
cjal-3321	300	27	the	the	DET
cjal-3321	300	28	board	board	NOUN
cjal-3321	300	29	or	or	CCONJ
cjal-3321	300	30	senior	senior	ADJ
cjal-3321	300	31	executives	executive	NOUN
cjal-3321	300	32	.	.	PUNCT
cjal-3321	301	1	article	article	NOUN
cjal-3321	301	2	152	152	NUM
cjal-3321	301	3	of	of	ADP
cjal-3321	301	4	the	the	DET
cjal-3321	301	5	company	company	NOUN
cjal-3321	301	6	law	law	NOUN
cjal-3321	301	7	grants	grant	VERB
cjal-3321	301	8	shareholders	shareholder	NOUN
cjal-3321	301	9	this	this	DET
cjal-3321	301	10	cause	cause	NOUN
cjal-3321	301	11	of	of	ADP
cjal-3321	301	12	action.68	action.68	NOUN
cjal-3321	301	13	it	it	PRON
cjal-3321	301	14	stipulates	stipulate	VERB
cjal-3321	301	15	that	that	SCONJ
cjal-3321	301	16	if	if	SCONJ
cjal-3321	301	17	the	the	DET
cjal-3321	301	18	board	board	NOUN
cjal-3321	301	19	or	or	CCONJ
cjal-3321	301	20	senior	senior	ADJ
cjal-3321	301	21	executives	executive	NOUN
cjal-3321	301	22	breach	breach	VERB
cjal-3321	301	23	their	their	PRON
cjal-3321	301	24	fiduciary	fiduciary	ADJ
cjal-3321	301	25	duty	duty	NOUN
cjal-3321	301	26	,	,	PUNCT
cjal-3321	301	27	shareholders	shareholder	NOUN
cjal-3321	301	28	who	who	PRON
cjal-3321	301	29	reach	reach	VERB
cjal-3321	301	30	a	a	DET
cjal-3321	301	31	specified	specified	ADJ
cjal-3321	301	32	holding	holding	NOUN
cjal-3321	301	33	threshold	threshold	NOUN
cjal-3321	301	34	can	can	AUX
cjal-3321	301	35	sue	sue	VERB
cjal-3321	301	36	the	the	DET
cjal-3321	301	37	management	management	NOUN
cjal-3321	301	38	after	after	ADP
cjal-3321	301	39	first	first	ADV
cjal-3321	301	40	resorting	resort	VERB
cjal-3321	301	41	to	to	ADP
cjal-3321	301	42	internal	internal	ADJ
cjal-3321	301	43	remedies.69	remedies.69	NOUN
cjal-3321	301	44	situations	situation	NOUN
cjal-3321	301	45	63	63	NUM
cjal-3321	301	46	wu	wu	PROPN
cjal-3321	301	47	jian	jian	PROPN
cjal-3321	301	48	(	(	PUNCT
cjal-3321	301	49	iki	iki	PROPN
cjal-3321	301	50	!	!	PUNCT
cjal-3321	301	51	_	_	NOUN
cjal-3321	301	52	)	)	PUNCT
cjal-3321	301	53	,	,	PUNCT
cjal-3321	301	54	xianzhi	xianzhi	PROPN
cjal-3321	301	55	dongshi	dongshi	PROPN
cjal-3321	301	56	gaiixuan	gaiixuan	PROPN
cjal-3321	301	57	shuliang	shuliang	PROPN
cjal-3321	301	58	:	:	PUNCT
cjal-3321	301	59	jiaocuo	jiaocuo	PROPN
cjal-3321	301	60	dongshihui	dongshihui	PROPN
cjal-3321	301	61	de	de	PROPN
cjal-3321	301	62	zhongguo	zhongguo	PROPN
cjal-3321	301	63	moshi	moshi	PROPN
cjal-3321	301	64	(	(	PUNCT
cjal-3321	301	65	[	[	PUNCT
cjal-3321	301	66	flw'j$	flw'j$	VERB
cjal-3321	301	67	1	1	NUM
cjal-3321	301	68	_	_	NOUN
cjal-3321	301	69	4plici1	4plici1	X
cjal-3321	302	1	i]if	i]if	NOUN
cjal-3321	302	2	)	)	PUNCT
cjal-3321	303	1	[	[	X
cjal-3321	303	2	limiting	limit	VERB
cjal-3321	303	3	the	the	DET
cjal-3321	303	4	number	number	NOUN
cjal-3321	303	5	of	of	ADP
cjal-3321	303	6	board	board	NOUN
cjal-3321	303	7	positions	position	NOUN
cjal-3321	303	8	in	in	ADP
cjal-3321	303	9	reelections	reelection	NOUN
cjal-3321	303	10	:	:	PUNCT
cjal-3321	303	11	chinese	chinese	ADJ
cjal-3321	303	12	mode	mode	NOUN
cjal-3321	303	13	of	of	ADP
cjal-3321	303	14	staggered	staggered	ADJ
cjal-3321	303	15	boardsl	boardsl	NOUN
cjal-3321	303	16	,	,	PUNCT
cjal-3321	303	17	zhengquan	zhengquan	PROPN
cjal-3321	303	18	shichang	shichang	PROPN
cjal-3321	303	19	daobao	daobao	PROPN
cjal-3321	303	20	(	(	PUNCT
cjal-3321	303	21	ifivij1i7	ifivij1i7	NOUN
cjal-3321	303	22	-	-	PUNCT
cjal-3321	303	23	t	t	NOUN
cjal-3321	303	24	)	)	PUNCT
cjal-3321	304	1	[	[	X
cjal-3321	304	2	sec	sec	PROPN
cjal-3321	304	3	.	.	PROPN
cjal-3321	304	4	market	market	NOUN
cjal-3321	304	5	herald	herald	PROPN
cjal-3321	304	6	]	]	X
cjal-3321	304	7	,	,	PUNCT
cjal-3321	304	8	no	no	INTJ
cjal-3321	304	9	.	.	NOUN
cjal-3321	304	10	6	6	NUM
cjal-3321	304	11	,	,	PUNCT
cjal-3321	304	12	2007	2007	NUM
cjal-3321	304	13	,	,	PUNCT
cjal-3321	304	14	at	at	ADP
cjal-3321	304	15	13	13	NUM
cjal-3321	304	16	.	.	PUNCT
cjal-3321	305	1	64	64	NUM
cjal-3321	305	2	gatekeepers	gatekeeper	NOUN
cjal-3321	305	3	are	be	AUX
cjal-3321	305	4	reputational	reputational	ADJ
cjal-3321	305	5	intermediaries	intermediary	NOUN
cjal-3321	305	6	who	who	PRON
cjal-3321	305	7	provide	provide	VERB
cjal-3321	305	8	verification	verification	NOUN
cjal-3321	305	9	and	and	CCONJ
cjal-3321	305	10	certification	certification	NOUN
cjal-3321	305	11	services	service	NOUN
cjal-3321	305	12	to	to	ADP
cjal-3321	305	13	investors	investor	NOUN
cjal-3321	305	14	,	,	PUNCT
cjal-3321	305	15	who	who	PRON
cjal-3321	305	16	can	can	AUX
cjal-3321	305	17	not	not	PART
cjal-3321	305	18	easily	easily	ADV
cjal-3321	305	19	perform	perform	VERB
cjal-3321	305	20	the	the	DET
cjal-3321	305	21	same	same	ADJ
cjal-3321	305	22	for	for	ADP
cjal-3321	305	23	themselves	themselves	PRON
cjal-3321	305	24	.	.	PUNCT
cjal-3321	306	1	john	john	PROPN
cjal-3321	306	2	c.	c.	PROPN
cjal-3321	306	3	coffee	coffee	PROPN
cjal-3321	306	4	,	,	PUNCT
cjal-3321	306	5	jr	jr	PROPN
cjal-3321	306	6	.	.	PROPN
cjal-3321	306	7	,	,	PUNCT
cjal-3321	306	8	what	what	PRON
cjal-3321	306	9	went	go	VERB
cjal-3321	306	10	wrong	wrong	ADJ
cjal-3321	306	11	?	?	PUNCT
cjal-3321	307	1	an	an	DET
cjal-3321	307	2	initial	initial	ADJ
cjal-3321	307	3	inquiry	inquiry	NOUN
cjal-3321	307	4	into	into	ADP
cjal-3321	307	5	the	the	DET
cjal-3321	307	6	causes	cause	NOUN
cjal-3321	307	7	of	of	ADP
cjal-3321	307	8	the	the	DET
cjal-3321	307	9	2oo8	2oo8	NUM
cjal-3321	307	10	financial	financial	ADJ
cjal-3321	307	11	crisis	crisis	NOUN
cjal-3321	307	12	,	,	PUNCT
cjal-3321	307	13	9	9	NUM
cjal-3321	307	14	j.	j.	PROPN
cjal-3321	307	15	corp	corp	PROPN
cjal-3321	307	16	.	.	PROPN
cjal-3321	307	17	l.	l.	PROPN
cjal-3321	307	18	stud	stud	PROPN
cjal-3321	307	19	.	.	PUNCT
cjal-3321	308	1	1	1	NUM
cjal-3321	308	2	(	(	PUNCT
cjal-3321	308	3	2009	2009	NUM
cjal-3321	308	4	)	)	PUNCT
cjal-3321	308	5	.	.	PUNCT
cjal-3321	309	1	65	65	NUM
cjal-3321	309	2	see	see	VERB
cjal-3321	309	3	measures	measure	NOUN
cjal-3321	309	4	for	for	ADP
cjal-3321	309	5	administration	administration	NOUN
cjal-3321	309	6	of	of	ADP
cjal-3321	309	7	takeovers	takeover	NOUN
cjal-3321	309	8	,	,	PUNCT
cjal-3321	309	9	supra	supra	PROPN
cjal-3321	309	10	note	note	NOUN
cjal-3321	309	11	6	6	NUM
cjal-3321	309	12	,	,	PUNCT
cjal-3321	309	13	art	art	NOUN
cjal-3321	309	14	.	.	PUNCT
cjal-3321	310	1	9	9	NUM
cjal-3321	310	2	;	;	PUNCT
cjal-3321	310	3	securities	security	NOUN
cjal-3321	310	4	law	law	NOUN
cjal-3321	310	5	,	,	PUNCT
cjal-3321	310	6	supra	supra	PROPN
cjal-3321	310	7	note	note	PROPN
cjal-3321	310	8	15	15	NUM
cjal-3321	310	9	,	,	PUNCT
cjal-3321	310	10	art	art	NOUN
cjal-3321	310	11	.	.	PUNCT
cjal-3321	311	1	173	173	NUM
cjal-3321	311	2	.	.	X
cjal-3321	311	3	66	66	NUM
cjal-3321	311	4	see	see	VERB
cjal-3321	311	5	securities	security	NOUN
cjal-3321	311	6	law	law	NOUN
cjal-3321	311	7	,	,	PUNCT
cjal-3321	311	8	supra	supra	PROPN
cjal-3321	311	9	note	note	PROPN
cjal-3321	311	10	15	15	NUM
cjal-3321	311	11	,	,	PUNCT
cjal-3321	311	12	art	art	NOUN
cjal-3321	311	13	.	.	PUNCT
cjal-3321	312	1	173	173	NUM
cjal-3321	312	2	.	.	X
cjal-3321	312	3	67	67	NUM
cjal-3321	312	4	liu	liu	PROPN
cjal-3321	312	5	yongming	yongming	PROPN
cjal-3321	312	6	(	(	PUNCT
cjal-3321	312	7	4lid	4lid	NOUN
cjal-3321	312	8	-	-	PUNCT
cjal-3321	312	9	duj	duj	NOUN
cjal-3321	312	10	)	)	PUNCT
cjal-3321	312	11	,	,	PUNCT
cjal-3321	312	12	meiguo	meiguo	PROPN
cjal-3321	312	13	dui	dui	PROPN
cjal-3321	312	14	xinyong	xinyong	PROPN
cjal-3321	312	15	pingji	pingji	PROPN
cjal-3321	312	16	jigou	jigou	PROPN
cjal-3321	312	17	de	de	PROPN
cjal-3321	312	18	jianguan	jianguan	PROPN
cjal-3321	312	19	:	:	PUNCT
cjal-3321	312	20	zhenglun	zhenglun	PROPN
cjal-3321	312	21	yu	yu	PROPN
cjal-3321	312	22	qishi	qishi	PROPN
cjal-3321	312	23	(	(	PUNCT
cjal-3321	312	24	l	l	NOUN
cjal-3321	312	25	)	)	PUNCT
cjal-3321	312	26	4f	4f	NUM
cjal-3321	312	27	3	3	NUM
cjal-3321	312	28	ff	ff	NOUN
cjal-3321	312	29	ji	ji	PROPN
cjal-3321	312	30	~	~	PUNCT
cjal-3321	312	31	:	:	PUNCT
cjal-3321	312	32	-j	-j	X
cjal-3321	312	33	~t	~t	ADP
cjal-3321	312	34	,	,	PUNCT
cjal-3321	312	35	)	)	PUNCT
cjal-3321	313	1	[	[	X
cjal-3321	313	2	supervision	supervision	NOUN
cjal-3321	313	3	of	of	ADP
cjal-3321	313	4	credit	credit	NOUN
cjal-3321	313	5	rating	rating	NOUN
cjal-3321	313	6	agencies	agency	NOUN
cjal-3321	313	7	in	in	ADP
cjal-3321	313	8	the	the	DET
cjal-3321	313	9	u.s	u.s	PROPN
cjal-3321	313	10	.	.	PROPN
cjal-3321	313	11	:	:	PUNCT
cjal-3321	313	12	arguments	argument	NOUN
cjal-3321	313	13	and	and	CCONJ
cjal-3321	313	14	lessons	lesson	NOUN
cjal-3321	313	15	]	]	PUNCT
cjal-3321	313	16	,	,	PUNCT
cjal-3321	313	17	shanghai	shanghai	PROPN
cjal-3321	313	18	jinrong	jinrong	PROPN
cjal-3321	313	19	(	(	PUNCT
cjal-3321	313	20	_	_	PUNCT
cjal-3321	313	21	.f	.f	NOUN
cjal-3321	313	22	-	-	PUNCT
cjal-3321	313	23	tli	tli	NOUN
cjal-3321	313	24	)	)	PUNCT
cjal-3321	314	1	[	[	X
cjal-3321	314	2	shanghai	shanghai	PROPN
cjal-3321	314	3	fin	fin	PROPN
cjal-3321	314	4	.	.	PUNCT
cjal-3321	315	1	]	]	X
cjal-3321	315	2	,	,	PUNCT
cjal-3321	315	3	no	no	INTJ
cjal-3321	315	4	.	.	PROPN
cjal-3321	315	5	12	12	NUM
cjal-3321	315	6	,	,	PUNCT
cjal-3321	315	7	2007	2007	NUM
cjal-3321	315	8	,	,	PUNCT
cjal-3321	315	9	at	at	ADP
cjal-3321	315	10	57	57	NUM
cjal-3321	315	11	,	,	PUNCT
cjal-3321	315	12	6o-6i	6o-6i	NOUN
cjal-3321	315	13	.	.	PUNCT
cjal-3321	316	1	(	(	PUNCT
cjal-3321	316	2	'	'	PUNCT
cjal-3321	316	3	company	company	NOUN
cjal-3321	316	4	law	law	NOUN
cjal-3321	316	5	,	,	PUNCT
cjal-3321	316	6	supra	supra	PROPN
cjal-3321	316	7	note	note	NOUN
cjal-3321	316	8	20	20	NUM
cjal-3321	316	9	,	,	PUNCT
cjal-3321	316	10	art	art	NOUN
cjal-3321	316	11	.	.	PUNCT
cjal-3321	317	1	152	152	NUM
cjal-3321	317	2	.	.	NOUN
cjal-3321	318	1	6	6	NUM
cjal-3321	318	2	'	'	PUNCT
cjal-3321	318	3	i	i	PRON
cjal-3321	318	4	d.	d.	PROPN
cjal-3321	318	5	(	(	PUNCT
cjal-3321	318	6	"	"	PUNCT
cjal-3321	318	7	[	[	X
cjal-3321	318	8	tihe	tihe	PROPN
cjal-3321	318	9	shareholder(s	shareholder(s	NOUN
cjal-3321	318	10	)	)	PUNCT
cjal-3321	318	11	of	of	ADP
cjal-3321	318	12	the	the	DET
cjal-3321	318	13	limited	limited	ADJ
cjal-3321	318	14	liability	liability	NOUN
cjal-3321	318	15	company	company	NOUN
cjal-3321	318	16	or	or	CCONJ
cjal-3321	318	17	joint	joint	ADJ
cjal-3321	318	18	stock	stock	NOUN
cjal-3321	318	19	limited	limit	VERB
cjal-3321	318	20	company	company	NOUN
cjal-3321	318	21	separately	separately	ADV
cjal-3321	318	22	or	or	CCONJ
cjal-3321	318	23	aggregately	aggregately	ADV
cjal-3321	318	24	holding	hold	VERB
cjal-3321	318	25	i%	i%	NOUN
cjal-3321	318	26	or	or	CCONJ
cjal-3321	318	27	more	more	ADJ
cjal-3321	318	28	of	of	ADP
cjal-3321	318	29	the	the	DET
cjal-3321	318	30	total	total	ADJ
cjal-3321	318	31	shares	share	NOUN
cjal-3321	318	32	of	of	ADP
cjal-3321	318	33	the	the	DET
cjal-3321	318	34	the	the	DET
cjal-3321	318	35	efficacy	efficacy	NOUN
cjal-3321	318	36	of	of	ADP
cjal-3321	318	37	chinese	chinese	ADJ
cjal-3321	318	38	takeover	takeover	NOUN
cjal-3321	318	39	laws	law	NOUN
cjal-3321	318	40	considered	consider	VERB
cjal-3321	318	41	as	as	ADP
cjal-3321	318	42	signs	sign	NOUN
cjal-3321	318	43	that	that	SCONJ
cjal-3321	318	44	internal	internal	ADJ
cjal-3321	318	45	remedies	remedy	NOUN
cjal-3321	318	46	have	have	AUX
cjal-3321	318	47	been	be	AUX
cjal-3321	318	48	exhausted	exhaust	VERB
cjal-3321	318	49	include	include	VERB
cjal-3321	318	50	:	:	PUNCT
cjal-3321	318	51	(	(	PUNCT
cjal-3321	318	52	i	i	NOUN
cjal-3321	318	53	)	)	PUNCT
cjal-3321	318	54	rejection	rejection	NOUN
cjal-3321	318	55	of	of	ADP
cjal-3321	318	56	a	a	DET
cjal-3321	318	57	written	write	VERB
cjal-3321	318	58	request	request	NOUN
cjal-3321	318	59	by	by	ADP
cjal-3321	318	60	the	the	DET
cjal-3321	318	61	board	board	NOUN
cjal-3321	318	62	of	of	ADP
cjal-3321	318	63	supervisors	supervisor	NOUN
cjal-3321	318	64	to	to	PART
cjal-3321	318	65	initiate	initiate	VERB
cjal-3321	318	66	a	a	DET
cjal-3321	318	67	lawsuit	lawsuit	NOUN
cjal-3321	318	68	against	against	ADP
cjal-3321	318	69	board	board	NOUN
cjal-3321	318	70	or	or	CCONJ
cjal-3321	318	71	senior	senior	ADJ
cjal-3321	318	72	executives	executive	NOUN
cjal-3321	318	73	or	or	CCONJ
cjal-3321	318	74	failure	failure	NOUN
cjal-3321	318	75	to	to	PART
cjal-3321	318	76	sue	sue	VERB
cjal-3321	318	77	within	within	ADP
cjal-3321	318	78	thirty	thirty	NUM
cjal-3321	318	79	days	day	NOUN
cjal-3321	318	80	of	of	ADP
cjal-3321	318	81	receiving	receive	VERB
cjal-3321	318	82	the	the	DET
cjal-3321	318	83	request	request	NOUN
cjal-3321	318	84	;	;	PUNCT
cjal-3321	318	85	(	(	PUNCT
cjal-3321	318	86	2	2	X
cjal-3321	318	87	)	)	PUNCT
cjal-3321	318	88	rejection	rejection	NOUN
cjal-3321	318	89	of	of	ADP
cjal-3321	318	90	a	a	DET
cjal-3321	318	91	written	write	VERB
cjal-3321	318	92	request	request	NOUN
cjal-3321	318	93	by	by	ADP
cjal-3321	318	94	the	the	DET
cjal-3321	318	95	board	board	NOUN
cjal-3321	318	96	of	of	ADP
cjal-3321	318	97	directors	director	NOUN
cjal-3321	318	98	to	to	PART
cjal-3321	318	99	initiate	initiate	VERB
cjal-3321	318	100	a	a	DET
cjal-3321	318	101	lawsuit	lawsuit	NOUN
cjal-3321	318	102	against	against	ADP
cjal-3321	318	103	board	board	NOUN
cjal-3321	318	104	of	of	ADP
cjal-3321	318	105	supervisor	supervisor	NOUN
cjal-3321	318	106	executives	executive	NOUN
cjal-3321	318	107	or	or	CCONJ
cjal-3321	318	108	failure	failure	NOUN
cjal-3321	318	109	to	to	PART
cjal-3321	318	110	sue	sue	VERB
cjal-3321	318	111	within	within	ADP
cjal-3321	318	112	thirty	thirty	NUM
cjal-3321	318	113	days	day	NOUN
cjal-3321	318	114	of	of	ADP
cjal-3321	318	115	receiving	receive	VERB
cjal-3321	318	116	the	the	DET
cjal-3321	318	117	request	request	NOUN
cjal-3321	318	118	;	;	PUNCT
cjal-3321	318	119	or	or	CCONJ
cjal-3321	318	120	(	(	PUNCT
cjal-3321	318	121	3	3	X
cjal-3321	318	122	)	)	PUNCT
cjal-3321	318	123	possible	possible	ADJ
cjal-3321	318	124	irreparable	irreparable	ADJ
cjal-3321	318	125	damage	damage	NOUN
cjal-3321	318	126	if	if	SCONJ
cjal-3321	318	127	shareholders	shareholder	NOUN
cjal-3321	318	128	are	be	AUX
cjal-3321	318	129	prevented	prevent	VERB
cjal-3321	318	130	from	from	ADP
cjal-3321	318	131	filing	file	VERB
cjal-3321	318	132	the	the	DET
cjal-3321	318	133	derivative	derivative	ADJ
cjal-3321	318	134	suit.7	suit.7	NOUN
cjal-3321	318	135	"	"	PUNCT
cjal-3321	318	136	in	in	ADP
cjal-3321	318	137	effect	effect	NOUN
cjal-3321	318	138	,	,	PUNCT
cjal-3321	318	139	article	article	NOUN
cjal-3321	318	140	152	152	NUM
cjal-3321	318	141	suggests	suggest	VERB
cjal-3321	318	142	that	that	SCONJ
cjal-3321	318	143	the	the	DET
cjal-3321	318	144	board	board	NOUN
cjal-3321	318	145	and	and	CCONJ
cjal-3321	318	146	senior	senior	ADJ
cjal-3321	318	147	executives	executive	NOUN
cjal-3321	318	148	can	can	AUX
cjal-3321	318	149	not	not	PART
cjal-3321	318	150	avoid	avoid	VERB
cjal-3321	318	151	litigation	litigation	NOUN
cjal-3321	318	152	if	if	SCONJ
cjal-3321	318	153	shareholders	shareholder	NOUN
cjal-3321	318	154	insist	insist	VERB
cjal-3321	318	155	on	on	ADP
cjal-3321	318	156	suing	sue	VERB
cjal-3321	318	157	them	they	PRON
cjal-3321	318	158	.	.	PUNCT
cjal-3321	319	1	but	but	CCONJ
cjal-3321	319	2	despite	despite	SCONJ
cjal-3321	319	3	the	the	DET
cjal-3321	319	4	availability	availability	NOUN
cjal-3321	319	5	of	of	ADP
cjal-3321	319	6	derivative	derivative	ADJ
cjal-3321	319	7	lawsuits	lawsuit	NOUN
cjal-3321	319	8	,	,	PUNCT
cjal-3321	319	9	they	they	PRON
cjal-3321	319	10	have	have	AUX
cjal-3321	319	11	not	not	PART
cjal-3321	319	12	been	be	AUX
cjal-3321	319	13	effective	effective	ADJ
cjal-3321	319	14	in	in	ADP
cjal-3321	319	15	enforcing	enforce	VERB
cjal-3321	319	16	a	a	DET
cjal-3321	319	17	rigorous	rigorous	ADJ
cjal-3321	319	18	fiduciary	fiduciary	ADJ
cjal-3321	319	19	duty	duty	NOUN
cjal-3321	319	20	standard	standard	NOUN
cjal-3321	319	21	.	.	PUNCT
cjal-3321	320	1	one	one	NUM
cjal-3321	320	2	explanation	explanation	NOUN
cjal-3321	320	3	is	be	AUX
cjal-3321	320	4	the	the	DET
cjal-3321	320	5	measures	measure	NOUN
cjal-3321	320	6	'	'	PART
cjal-3321	320	7	failure	failure	NOUN
cjal-3321	320	8	to	to	PART
cjal-3321	320	9	reinforce	reinforce	VERB
cjal-3321	320	10	informed	informed	ADJ
cjal-3321	320	11	business	business	NOUN
cjal-3321	320	12	decisions	decision	NOUN
cjal-3321	320	13	.	.	PUNCT
cjal-3321	321	1	in	in	ADP
cjal-3321	321	2	the	the	DET
cjal-3321	321	3	united	united	PROPN
cjal-3321	321	4	states	states	PROPN
cjal-3321	321	5	,	,	PUNCT
cjal-3321	321	6	smith	smith	PROPN
cjal-3321	321	7	v.	v.	PROPN
cjal-3321	321	8	van	van	PROPN
cjal-3321	321	9	gorkom7	gorkom7	PROPN
cjal-3321	321	10	'	'	PART
cjal-3321	321	11	and	and	CCONJ
cjal-3321	321	12	similar	similar	ADJ
cjal-3321	321	13	judicial	judicial	ADJ
cjal-3321	321	14	precedents	precedent	NOUN
cjal-3321	321	15	have	have	AUX
cjal-3321	321	16	applied	apply	VERB
cjal-3321	321	17	the	the	DET
cjal-3321	321	18	business	business	NOUN
cjal-3321	321	19	judgment	judgment	NOUN
cjal-3321	321	20	rule	rule	NOUN
cjal-3321	321	21	to	to	PART
cjal-3321	321	22	shield	shield	VERB
cjal-3321	321	23	directors	director	NOUN
cjal-3321	321	24	from	from	ADP
cjal-3321	321	25	liability	liability	NOUN
cjal-3321	321	26	if	if	SCONJ
cjal-3321	321	27	the	the	DET
cjal-3321	321	28	board	board	NOUN
cjal-3321	321	29	's	's	PART
cjal-3321	321	30	decision	decision	NOUN
cjal-3321	321	31	is	be	AUX
cjal-3321	321	32	an	an	DET
cjal-3321	321	33	informed	informed	ADJ
cjal-3321	321	34	one.72	one.72	NOUN
cjal-3321	321	35	outsourcing	outsourcing	NOUN
cjal-3321	321	36	is	be	AUX
cjal-3321	321	37	the	the	DET
cjal-3321	321	38	most	most	ADV
cjal-3321	321	39	common	common	ADJ
cjal-3321	321	40	judicially	judicially	ADV
cjal-3321	321	41	recognized	recognize	VERB
cjal-3321	321	42	way	way	NOUN
cjal-3321	321	43	in	in	ADP
cjal-3321	321	44	which	which	PRON
cjal-3321	321	45	a	a	DET
cjal-3321	321	46	board	board	NOUN
cjal-3321	321	47	can	can	AUX
cjal-3321	321	48	demonstrate	demonstrate	VERB
cjal-3321	321	49	informed	informed	ADJ
cjal-3321	321	50	decision	decision	NOUN
cjal-3321	321	51	-	-	PUNCT
cjal-3321	321	52	making	making	NOUN
cjal-3321	321	53	.	.	PUNCT
cjal-3321	322	1	in	in	ADP
cjal-3321	322	2	contrast	contrast	NOUN
cjal-3321	322	3	,	,	PUNCT
cjal-3321	322	4	similar	similar	ADJ
cjal-3321	322	5	requirements	requirement	NOUN
cjal-3321	322	6	are	be	AUX
cjal-3321	322	7	yet	yet	ADV
cjal-3321	322	8	to	to	PART
cjal-3321	322	9	develop	develop	VERB
cjal-3321	322	10	fully	fully	ADV
cjal-3321	322	11	in	in	ADP
cjal-3321	322	12	china.73	china.73	NOUN
cjal-3321	322	13	while	while	SCONJ
cjal-3321	322	14	the	the	DET
cjal-3321	322	15	measures	measure	NOUN
cjal-3321	322	16	require	require	VERB
cjal-3321	322	17	a	a	DET
cjal-3321	322	18	purchaser	purchaser	NOUN
cjal-3321	322	19	to	to	PART
cjal-3321	322	20	hire	hire	VERB
cjal-3321	322	21	outside	outside	ADJ
cjal-3321	322	22	financial	financial	ADJ
cjal-3321	322	23	consultants	consultant	NOUN
cjal-3321	322	24	for	for	ADP
cjal-3321	322	25	opinions74	opinions74	NOUN
cjal-3321	322	26	and	and	CCONJ
cjal-3321	322	27	a	a	DET
cjal-3321	322	28	bidder	bidder	NOUN
cjal-3321	322	29	to	to	PART
cjal-3321	322	30	seek	seek	VERB
cjal-3321	322	31	legal	legal	ADJ
cjal-3321	322	32	consultation	consultation	NOUN
cjal-3321	322	33	before	before	ADP
cjal-3321	322	34	applying	apply	VERB
cjal-3321	322	35	for	for	ADP
cjal-3321	322	36	the	the	DET
cjal-3321	322	37	mandatory	mandatory	ADJ
cjal-3321	322	38	bid	bid	NOUN
cjal-3321	322	39	exemption,7	exemption,7	NOUN
cjal-3321	322	40	5	5	NUM
cjal-3321	322	41	obligations	obligation	NOUN
cjal-3321	322	42	imposed	impose	VERB
cjal-3321	322	43	on	on	ADP
cjal-3321	322	44	target	target	NOUN
cjal-3321	322	45	companies	company	NOUN
cjal-3321	322	46	are	be	AUX
cjal-3321	322	47	very	very	ADV
cjal-3321	322	48	lax	lax	ADJ
cjal-3321	322	49	:	:	PUNCT
cjal-3321	322	50	targets	target	NOUN
cjal-3321	322	51	only	only	ADV
cjal-3321	322	52	need	need	VERB
cjal-3321	322	53	to	to	PART
cjal-3321	322	54	hire	hire	VERB
cjal-3321	322	55	outside	outside	ADJ
cjal-3321	322	56	financial	financial	ADJ
cjal-3321	322	57	consultants	consultant	NOUN
cjal-3321	322	58	to	to	PART
cjal-3321	322	59	issue	issue	VERB
cjal-3321	322	60	opinions	opinion	NOUN
cjal-3321	322	61	as	as	ADP
cjal-3321	322	62	a	a	DET
cjal-3321	322	63	reference	reference	NOUN
cjal-3321	322	64	,	,	PUNCT
cjal-3321	322	65	which	which	PRON
cjal-3321	322	66	must	must	AUX
cjal-3321	322	67	be	be	AUX
cjal-3321	322	68	presented	present	VERB
cjal-3321	322	69	to	to	ADP
cjal-3321	322	70	the	the	DET
cjal-3321	322	71	csrc	csrc	NOUN
cjal-3321	322	72	within	within	ADP
cjal-3321	322	73	20	20	NUM
cjal-3321	322	74	days	day	NOUN
cjal-3321	322	75	after	after	ADP
cjal-3321	322	76	submitting	submit	VERB
cjal-3321	322	77	the	the	DET
cjal-3321	322	78	purchaser	purchaser	NOUN
cjal-3321	322	79	's	's	PART
cjal-3321	322	80	disclosure	disclosure	NOUN
cjal-3321	322	81	report	report	NOUN
cjal-3321	322	82	.	.	PUNCT
cjal-3321	323	1	6	6	NUM
cjal-3321	323	2	the	the	DET
cjal-3321	323	3	informed	informed	ADJ
cjal-3321	323	4	decision	decision	NOUN
cjal-3321	323	5	requirement	requirement	NOUN
cjal-3321	323	6	has	have	AUX
cjal-3321	323	7	been	be	AUX
cjal-3321	323	8	invoked	invoke	VERB
cjal-3321	323	9	during	during	ADP
cjal-3321	323	10	adjudications	adjudication	NOUN
cjal-3321	323	11	by	by	ADP
cjal-3321	323	12	the	the	DET
cjal-3321	323	13	chinese	chinese	ADJ
cjal-3321	323	14	judiciary	judiciary	NOUN
cjal-3321	323	15	.	.	PUNCT
cjal-3321	324	1	7	7	NUM
cjal-3321	324	2	"	"	PUNCT
cjal-3321	324	3	for	for	ADP
cjal-3321	324	4	this	this	DET
cjal-3321	324	5	reason	reason	NOUN
cjal-3321	324	6	,	,	PUNCT
cjal-3321	324	7	it	it	PRON
cjal-3321	324	8	would	would	AUX
cjal-3321	324	9	be	be	AUX
cjal-3321	324	10	interesting	interesting	ADJ
cjal-3321	324	11	to'look	to'look	ADV
cjal-3321	324	12	back	back	ADV
cjal-3321	324	13	at	at	ADP
cjal-3321	324	14	the	the	DET
cjal-3321	324	15	csrc	csrc	NOUN
cjal-3321	324	16	's	's	PART
cjal-3321	324	17	legislative	legislative	ADJ
cjal-3321	324	18	form	form	NOUN
cjal-3321	324	19	to	to	PART
cjal-3321	324	20	better	well	ADV
cjal-3321	324	21	understand	understand	VERB
cjal-3321	324	22	the	the	DET
cjal-3321	324	23	company	company	NOUN
cjal-3321	324	24	for	for	ADP
cjal-3321	324	25	18o	18o	NOUN
cjal-3321	324	26	consecutive	consecutive	ADJ
cjal-3321	324	27	days	day	NOUN
cjal-3321	324	28	or	or	CCONJ
cjal-3321	324	29	more	more	ADJ
cjal-3321	324	30	may	may	AUX
cjal-3321	324	31	request	request	VERB
cjal-3321	324	32	in	in	ADP
cjal-3321	324	33	writing	write	VERB
cjal-3321	324	34	the	the	DET
cjal-3321	324	35	board	board	NOUN
cjal-3321	324	36	of	of	ADP
cjal-3321	324	37	supervisors	supervisor	NOUN
cjal-3321	324	38	or	or	CCONJ
cjal-3321	324	39	the	the	DET
cjal-3321	324	40	supervisor	supervisor	NOUN
cjal-3321	324	41	of	of	ADP
cjal-3321	324	42	the	the	DET
cjal-3321	324	43	limited	limited	ADJ
cjal-3321	324	44	liability	liability	NOUN
cjal-3321	324	45	company	company	NOUN
cjal-3321	324	46	with	with	ADP
cjal-3321	324	47	no	no	DET
cjal-3321	324	48	board	board	NOUN
cjal-3321	324	49	of	of	ADP
cjal-3321	324	50	supervisors	supervisor	NOUN
cjal-3321	324	51	to	to	PART
cjal-3321	324	52	initiate	initiate	VERB
cjal-3321	324	53	a	a	DET
cjal-3321	324	54	lawsuit	lawsuit	NOUN
cjal-3321	324	55	in	in	ADP
cjal-3321	324	56	the	the	DET
cjal-3321	324	57	people	people	NOUN
cjal-3321	324	58	's	's	PART
cjal-3321	324	59	court	court	NOUN
cjal-3321	324	60	.	.	PUNCT
cjal-3321	325	1	if	if	SCONJ
cjal-3321	325	2	the	the	DET
cjal-3321	325	3	supervisor	supervisor	NOUN
cjal-3321	325	4	is	be	AUX
cjal-3321	325	5	under	under	ADP
cjal-3321	325	6	the	the	DET
cjal-3321	325	7	circumstance	circumstance	NOUN
cjal-3321	325	8	as	as	SCONJ
cjal-3321	325	9	mentioned	mention	VERB
cjal-3321	325	10	in	in	ADP
cjal-3321	325	11	article	article	NOUN
cjal-3321	325	12	150	150	NUM
cjal-3321	325	13	of	of	ADP
cjal-3321	325	14	this	this	DET
cjal-3321	325	15	law	law	NOUN
cjal-3321	325	16	,	,	PUNCT
cjal-3321	325	17	the	the	DET
cjal-3321	325	18	aforesaid	aforesaid	NOUN
cjal-3321	325	19	shareholder(s	shareholder(s	NOUN
cjal-3321	325	20	)	)	PUNCT
cjal-3321	325	21	may	may	AUX
cjal-3321	325	22	request	request	VERB
cjal-3321	325	23	in	in	ADP
cjal-3321	325	24	writing	write	VERB
cjal-3321	325	25	the	the	DET
cjal-3321	325	26	board	board	NOUN
cjal-3321	325	27	of	of	ADP
cjal-3321	325	28	directors	director	NOUN
cjal-3321	325	29	or	or	CCONJ
cjal-3321	325	30	the	the	DET
cjal-3321	325	31	acting	act	VERB
cjal-3321	325	32	director	director	NOUN
cjal-3321	325	33	of	of	ADP
cjal-3321	325	34	the	the	DET
cjal-3321	325	35	limited	limited	ADJ
cjal-3321	325	36	liability	liability	NOUN
cjal-3321	325	37	company	company	NOUN
cjal-3321	325	38	with	with	ADP
cjal-3321	325	39	no	no	DET
cjal-3321	325	40	board	board	NOUN
cjal-3321	325	41	of	of	ADP
cjal-3321	325	42	directors	director	NOUN
cjal-3321	325	43	to	to	PART
cjal-3321	325	44	lodge	lodge	VERB
cjal-3321	325	45	an	an	DET
cjal-3321	325	46	action	action	NOUN
cjal-3321	325	47	in	in	ADP
cjal-3321	325	48	the	the	DET
cjal-3321	325	49	people	people	NOUN
cjal-3321	325	50	's	's	PART
cjal-3321	325	51	court	court	NOUN
cjal-3321	325	52	.	.	PUNCT
cjal-3321	325	53	"	"	PUNCT
cjal-3321	325	54	)	)	PUNCT
cjal-3321	325	55	.	.	PUNCT
cjal-3321	326	1	70	70	NUM
cjal-3321	327	1	i	i	PRON
cjal-3321	327	2	d.	d.	PROPN
cjal-3321	327	3	"	"	PUNCT
cjal-3321	327	4	smith	smith	PROPN
cjal-3321	327	5	v.	v.	PROPN
cjal-3321	327	6	van	van	PROPN
cjal-3321	327	7	gorkom	gorkom	PROPN
cjal-3321	327	8	,	,	PUNCT
cjal-3321	327	9	488	488	NUM
cjal-3321	327	10	a.2d	a.2d	SYM
cjal-3321	327	11	858	858	NUM
cjal-3321	327	12	(	(	PUNCT
cjal-3321	327	13	del	del	PROPN
cjal-3321	327	14	.	.	PROPN
cjal-3321	327	15	1985	1985	NUM
cjal-3321	327	16	)	)	PUNCT
cjal-3321	327	17	.	.	PUNCT
cjal-3321	328	1	72	72	NUM
cjal-3321	328	2	weng	weng	PROPN
cjal-3321	328	3	,	,	PUNCT
cjal-3321	328	4	supra	supra	PROPN
cjal-3321	328	5	note	note	PROPN
cjal-3321	328	6	19	19	NUM
cjal-3321	328	7	,	,	PUNCT
cjal-3321	328	8	at	at	ADP
cjal-3321	328	9	129	129	NUM
cjal-3321	328	10	(	(	PUNCT
cjal-3321	328	11	explaining	explain	VERB
cjal-3321	328	12	the	the	DET
cjal-3321	328	13	business	business	NOUN
cjal-3321	328	14	judgment	judgment	NOUN
cjal-3321	328	15	rule	rule	NOUN
cjal-3321	328	16	and	and	CCONJ
cjal-3321	328	17	conditions	condition	NOUN
cjal-3321	328	18	for	for	ADP
cjal-3321	328	19	its	its	PRON
cjal-3321	328	20	application	application	NOUN
cjal-3321	328	21	)	)	PUNCT
cjal-3321	328	22	.	.	PUNCT
cjal-3321	329	1	73	73	NUM
cjal-3321	329	2	see	see	VERB
cjal-3321	329	3	,	,	PUNCT
cjal-3321	329	4	e.g.	e.g.	ADV
cjal-3321	329	5	,	,	PUNCT
cjal-3321	329	6	van	van	PROPN
cjal-3321	329	7	gorkom	gorkom	NOUN
cjal-3321	329	8	,	,	PUNCT
cjal-3321	329	9	488	488	NUM
cjal-3321	329	10	a.2d	a.2d	PUNCT
cjal-3321	329	11	at	at	ADP
cjal-3321	329	12	858	858	NUM
cjal-3321	329	13	.	.	PUNCT
cjal-3321	330	1	7	7	NUM
cjal-3321	330	2	'	'	PUNCT
cjal-3321	330	3	the	the	DET
cjal-3321	330	4	opinions	opinion	NOUN
cjal-3321	330	5	are	be	AUX
cjal-3321	330	6	to	to	PART
cjal-3321	330	7	be	be	AUX
cjal-3321	330	8	included	include	VERB
cjal-3321	330	9	in	in	ADP
cjal-3321	330	10	the	the	DET
cjal-3321	330	11	purchaser	purchaser	NOUN
cjal-3321	330	12	's	's	PART
cjal-3321	330	13	disclosure	disclosure	NOUN
cjal-3321	330	14	report	report	NOUN
cjal-3321	330	15	,	,	PUNCT
cjal-3321	330	16	an	an	DET
cjal-3321	330	17	ad	ad	NOUN
cjal-3321	330	18	hoc	hoc	X
cjal-3321	330	19	disclosure	disclosure	NOUN
cjal-3321	330	20	letter	letter	NOUN
cjal-3321	330	21	that	that	PRON
cjal-3321	330	22	the	the	DET
cjal-3321	330	23	purchaser	purchaser	NOUN
cjal-3321	330	24	must	must	AUX
cjal-3321	330	25	prepare	prepare	VERB
cjal-3321	330	26	upon	upon	SCONJ
cjal-3321	330	27	certain	certain	ADJ
cjal-3321	330	28	triggering	trigger	VERB
cjal-3321	330	29	events	event	NOUN
cjal-3321	330	30	,	,	PUNCT
cjal-3321	330	31	such	such	ADJ
cjal-3321	330	32	as	as	ADP
cjal-3321	330	33	the	the	DET
cjal-3321	330	34	acquisition	acquisition	NOUN
cjal-3321	330	35	of	of	ADP
cjal-3321	330	36	5	5	NUM
cjal-3321	330	37	%	%	NOUN
cjal-3321	330	38	of	of	ADP
cjal-3321	330	39	a	a	DET
cjal-3321	330	40	company	company	NOUN
cjal-3321	330	41	's	's	PART
cjal-3321	330	42	outstanding	outstanding	ADJ
cjal-3321	330	43	shares	share	NOUN
cjal-3321	330	44	.	.	PUNCT
cjal-3321	331	1	measures	measure	NOUN
cjal-3321	331	2	for	for	ADP
cjal-3321	331	3	administration	administration	NOUN
cjal-3321	331	4	of	of	ADP
cjal-3321	331	5	takeovers	takeover	NOUN
cjal-3321	331	6	,	,	PUNCT
cjal-3321	331	7	supra	supra	PROPN
cjal-3321	331	8	note	note	NOUN
cjal-3321	331	9	6	6	NUM
cjal-3321	331	10	,	,	PUNCT
cjal-3321	331	11	arts	art	NOUN
cjal-3321	331	12	.	.	PUNCT
cjal-3321	332	1	17	17	NUM
cjal-3321	332	2	,	,	PUNCT
cjal-3321	332	3	28	28	NUM
cjal-3321	332	4	,	,	PUNCT
cjal-3321	332	5	48	48	NUM
cjal-3321	332	6	,	,	PUNCT
cjal-3321	332	7	51	51	NUM
cjal-3321	332	8	.	.	NUM
cjal-3321	332	9	75	75	NUM
cjal-3321	333	1	i	i	PROPN
cjal-3321	333	2	d.	d.	PROPN
cjal-3321	333	3	art	art	PROPN
cjal-3321	333	4	.	.	PUNCT
cjal-3321	334	1	64	64	NUM
cjal-3321	334	2	.	.	X
cjal-3321	335	1	76	76	NUM
cjal-3321	336	1	i	i	PRON
cjal-3321	336	2	d.	d.	PROPN
cjal-3321	336	3	art	art	NOUN
cjal-3321	336	4	.	.	PUNCT
cjal-3321	337	1	32	32	NUM
cjal-3321	337	2	.	.	PUNCT
cjal-3321	337	3	'	'	PUNCT
cjal-3321	338	1	interview	interview	NOUN
cjal-3321	338	2	with	with	ADP
cjal-3321	338	3	anonymous	anonymous	ADJ
cjal-3321	338	4	judge	judge	NOUN
cjal-3321	338	5	,	,	PUNCT
cjal-3321	338	6	shanghai	shanghai	PROPN
cjal-3321	338	7	first	first	ADJ
cjal-3321	338	8	intermediary	intermediary	PROPN
cjal-3321	338	9	ct	ct	PROPN
cjal-3321	338	10	.	.	PUNCT
cjal-3321	339	1	(	(	PUNCT
cjal-3321	339	2	june	june	PROPN
cjal-3321	339	3	22	22	NUM
cjal-3321	339	4	,	,	PUNCT
cjal-3321	339	5	2011	2011	NUM
cjal-3321	339	6	)	)	PUNCT
cjal-3321	339	7	.	.	PUNCT
cjal-3321	340	1	197	197	NUM
cjal-3321	340	2	columbia	columbia	PROPN
cjal-3321	340	3	journal	journal	PROPN
cjal-3321	340	4	ofasian	ofasian	ADJ
cjal-3321	340	5	law	law	NOUN
cjal-3321	340	6	,	,	PUNCT
cjal-3321	340	7	vol	vol	NOUN
cjal-3321	340	8	.	.	PROPN
cjal-3321	340	9	25	25	NUM
cjal-3321	340	10	,	,	PUNCT
cjal-3321	340	11	no	no	INTJ
cjal-3321	340	12	.	.	NOUN
cjal-3321	340	13	2	2	NUM
cjal-3321	340	14	(	(	PUNCT
cjal-3321	340	15	2012	2012	NUM
cjal-3321	340	16	)	)	PUNCT
cjal-3321	340	17	informed	inform	VERB
cjal-3321	340	18	decision	decision	NOUN
cjal-3321	340	19	requirement	requirement	NOUN
cjal-3321	340	20	.	.	PUNCT
cjal-3321	341	1	the	the	DET
cjal-3321	341	2	judiciary	judiciary	NOUN
cjal-3321	341	3	only	only	ADV
cjal-3321	341	4	started	start	VERB
cjal-3321	341	5	to	to	PART
cjal-3321	341	6	consider	consider	VERB
cjal-3321	341	7	applying	apply	VERB
cjal-3321	341	8	the	the	DET
cjal-3321	341	9	business	business	NOUN
cjal-3321	341	10	judgment	judgment	NOUN
cjal-3321	341	11	rule	rule	NOUN
cjal-3321	341	12	when	when	SCONJ
cjal-3321	341	13	the	the	DET
cjal-3321	341	14	derivative	derivative	ADJ
cjal-3321	341	15	suit	suit	NOUN
cjal-3321	341	16	mechanism	mechanism	NOUN
cjal-3321	341	17	was	be	AUX
cjal-3321	341	18	incorporated	incorporate	VERB
cjal-3321	341	19	into	into	ADP
cjal-3321	341	20	the	the	DET
cjal-3321	341	21	company	company	NOUN
cjal-3321	341	22	law	law	NOUN
cjal-3321	341	23	in	in	ADP
cjal-3321	341	24	2005.78	2005.78	NUM
cjal-3321	341	25	although	although	SCONJ
cjal-3321	341	26	the	the	DET
cjal-3321	341	27	judiciary	judiciary	NOUN
cjal-3321	341	28	now	now	ADV
cjal-3321	341	29	uses	use	VERB
cjal-3321	341	30	the	the	DET
cjal-3321	341	31	business	business	NOUN
cjal-3321	341	32	judgment	judgment	NOUN
cjal-3321	341	33	rule	rule	NOUN
cjal-3321	341	34	with	with	ADP
cjal-3321	341	35	greater	great	ADJ
cjal-3321	341	36	frequency	frequency	NOUN
cjal-3321	341	37	and	and	CCONJ
cjal-3321	341	38	sophistication	sophistication	NOUN
cjal-3321	341	39	in	in	ADP
cjal-3321	341	40	derivative	derivative	ADJ
cjal-3321	341	41	lawsuit	lawsuit	NOUN
cjal-3321	341	42	adjudications	adjudication	NOUN
cjal-3321	341	43	than	than	SCONJ
cjal-3321	341	44	it	it	PRON
cjal-3321	341	45	had	have	VERB
cjal-3321	341	46	several	several	ADJ
cjal-3321	341	47	years	year	NOUN
cjal-3321	341	48	ago	ago	ADV
cjal-3321	341	49	,	,	PUNCT
cjal-3321	341	50	the	the	DET
cjal-3321	341	51	rule	rule	NOUN
cjal-3321	341	52	has	have	AUX
cjal-3321	341	53	not	not	PART
cjal-3321	341	54	yet	yet	ADV
cjal-3321	341	55	been	be	AUX
cjal-3321	341	56	established	establish	VERB
cjal-3321	341	57	in	in	ADP
cjal-3321	341	58	lex	lex	PROPN
cjal-3321	341	59	scripta.79	scripta.79	NOUN
cjal-3321	341	60	intuitively	intuitively	ADV
cjal-3321	341	61	,	,	PUNCT
cjal-3321	341	62	the	the	DET
cjal-3321	341	63	legislative	legislative	ADJ
cjal-3321	341	64	intent	intent	NOUN
cjal-3321	341	65	behind	behind	ADP
cjal-3321	341	66	making	make	VERB
cjal-3321	341	67	outsourcing	outsourcing	NOUN
cjal-3321	341	68	requirements	requirement	NOUN
cjal-3321	341	69	for	for	ADP
cjal-3321	341	70	bidders	bidder	NOUN
cjal-3321	341	71	and	and	CCONJ
cjal-3321	341	72	target	target	NOUN
cjal-3321	341	73	companies	company	NOUN
cjal-3321	341	74	is	be	AUX
cjal-3321	341	75	not	not	PART
cjal-3321	341	76	,	,	PUNCT
cjal-3321	341	77	at	at	ADP
cjal-3321	341	78	least	least	ADJ
cjal-3321	341	79	not	not	PART
cjal-3321	341	80	solely	solely	ADV
cjal-3321	341	81	,	,	PUNCT
cjal-3321	341	82	to	to	PART
cjal-3321	341	83	protect	protect	VERB
cjal-3321	341	84	shareholders	shareholder	NOUN
cjal-3321	341	85	from	from	ADP
cjal-3321	341	86	uninformed	uninformed	ADJ
cjal-3321	341	87	managerial	managerial	ADJ
cjal-3321	341	88	decisions	decision	NOUN
cjal-3321	341	89	.	.	PUNCT
cjal-3321	342	1	ii	ii	X
cjal-3321	342	2	.	.	PUNCT
cjal-3321	343	1	the	the	DET
cjal-3321	343	2	csrc	csrc	NOUN
cjal-3321	343	3	's	's	PART
cjal-3321	343	4	role	role	NOUN
cjal-3321	343	5	in	in	ADP
cjal-3321	343	6	takeover	takeover	NOUN
cjal-3321	343	7	supervision	supervision	NOUN
cjal-3321	343	8	the	the	DET
cjal-3321	343	9	csrc	csrc	NOUN
cjal-3321	343	10	plays	play	VERB
cjal-3321	343	11	a	a	DET
cjal-3321	343	12	crucial	crucial	ADJ
cjal-3321	343	13	role	role	NOUN
cjal-3321	343	14	in	in	ADP
cjal-3321	343	15	governing	govern	VERB
cjal-3321	343	16	takeovers	takeover	NOUN
cjal-3321	343	17	,	,	PUNCT
cjal-3321	343	18	as	as	SCONJ
cjal-3321	343	19	the	the	DET
cjal-3321	343	20	securities'law	securities'law	NOUN
cjal-3321	343	21	mandates	mandate	VERB
cjal-3321	343	22	the	the	DET
cjal-3321	343	23	csrc	csrc	NOUN
cjal-3321	343	24	's	's	PART
cjal-3321	343	25	regulatory	regulatory	ADJ
cjal-3321	343	26	power	power	NOUN
cjal-3321	343	27	.	.	PUNCT
cjal-3321	344	1	analyzing	analyze	VERB
cjal-3321	344	2	the	the	DET
cjal-3321	344	3	role	role	NOUN
cjal-3321	344	4	of	of	ADP
cjal-3321	344	5	the	the	DET
cjal-3321	344	6	csrc	csrc	NOUN
cjal-3321	344	7	in	in	ADP
cjal-3321	344	8	market	market	NOUN
cjal-3321	344	9	supervision	supervision	NOUN
cjal-3321	344	10	is	be	AUX
cjal-3321	344	11	therefore	therefore	ADV
cjal-3321	344	12	helpful	helpful	ADJ
cjal-3321	344	13	in	in	ADP
cjal-3321	344	14	explaining	explain	VERB
cjal-3321	344	15	and	and	CCONJ
cjal-3321	344	16	understanding	understand	VERB
cjal-3321	344	17	the	the	DET
cjal-3321	344	18	csrc	csrc	NOUN
cjal-3321	344	19	's	's	PART
cjal-3321	344	20	current	current	ADJ
cjal-3321	344	21	takeover	takeover	NOUN
cjal-3321	344	22	regulations	regulation	NOUN
cjal-3321	344	23	.	.	PUNCT
cjal-3321	345	1	after	after	ADV
cjal-3321	345	2	all	all	ADV
cjal-3321	345	3	,	,	PUNCT
cjal-3321	345	4	given	give	VERB
cjal-3321	345	5	that	that	SCONJ
cjal-3321	345	6	china	china	PROPN
cjal-3321	345	7	is	be	AUX
cjal-3321	345	8	a	a	DET
cjal-3321	345	9	highly	highly	ADV
cjal-3321	345	10	centralized	centralized	ADJ
cjal-3321	345	11	and	and	CCONJ
cjal-3321	345	12	bureaucratic	bureaucratic	ADJ
cjal-3321	345	13	country	country	NOUN
cjal-3321	345	14	,	,	PUNCT
cjal-3321	345	15	one	one	PRON
cjal-3321	345	16	can	can	AUX
cjal-3321	345	17	not	not	PART
cjal-3321	345	18	ignore	ignore	VERB
cjal-3321	345	19	the	the	DET
cjal-3321	345	20	influence	influence	NOUN
cjal-3321	345	21	of	of	ADP
cjal-3321	345	22	the	the	DET
cjal-3321	345	23	market	market	NOUN
cjal-3321	345	24	regulator	regulator	NOUN
cjal-3321	345	25	when	when	SCONJ
cjal-3321	345	26	researching	research	VERB
cjal-3321	345	27	its	its	PRON
cjal-3321	345	28	laws	law	NOUN
cjal-3321	345	29	.	.	PUNCT
cjal-3321	346	1	its	its	PRON
cjal-3321	346	2	source	source	NOUN
cjal-3321	346	3	of	of	ADP
cjal-3321	346	4	power	power	NOUN
cjal-3321	346	5	and	and	CCONJ
cjal-3321	346	6	philosophy	philosophy	NOUN
cjal-3321	346	7	are	be	AUX
cjal-3321	346	8	therefore	therefore	ADV
cjal-3321	346	9	linchpins	linchpin	NOUN
cjal-3321	346	10	to	to	ADP
cjal-3321	346	11	the	the	DET
cjal-3321	346	12	research	research	NOUN
cjal-3321	346	13	on	on	ADP
cjal-3321	346	14	the	the	DET
cjal-3321	346	15	current	current	ADJ
cjal-3321	346	16	takeover	takeover	NOUN
cjal-3321	346	17	legal	legal	ADJ
cjal-3321	346	18	system	system	NOUN
cjal-3321	346	19	.	.	PUNCT
cjal-3321	347	1	a.	a.	NOUN
cjal-3321	348	1	the	the	DET
cjal-3321	348	2	mandate	mandate	NOUN
cjal-3321	348	3	unlike	unlike	ADP
cjal-3321	348	4	in	in	ADP
cjal-3321	348	5	the	the	DET
cjal-3321	348	6	case	case	NOUN
cjal-3321	348	7	of	of	ADP
cjal-3321	348	8	u.s	u.s	PROPN
cjal-3321	348	9	.	.	PROPN
cjal-3321	348	10	capital	capital	NOUN
cjal-3321	348	11	market	market	NOUN
cjal-3321	348	12	regulation	regulation	NOUN
cjal-3321	348	13	,	,	PUNCT
cjal-3321	348	14	chinese	chinese	ADJ
cjal-3321	348	15	capital	capital	NOUN
cjal-3321	348	16	market	market	NOUN
cjal-3321	348	17	supervisory	supervisory	ADJ
cjal-3321	348	18	agencies	agency	NOUN
cjal-3321	348	19	were	be	AUX
cjal-3321	348	20	not	not	PART
cjal-3321	348	21	created	create	VERB
cjal-3321	348	22	as	as	ADP
cjal-3321	348	23	a	a	DET
cjal-3321	348	24	response	response	NOUN
cjal-3321	348	25	to	to	ADP
cjal-3321	348	26	a	a	DET
cjal-3321	348	27	national	national	ADJ
cjal-3321	348	28	financial	financial	ADJ
cjal-3321	348	29	catastrophe	catastrophe	NOUN
cjal-3321	348	30	.	.	PUNCT
cjal-3321	349	1	8	8	NUM
cjal-3321	349	2	'	'	PUNCT
cjal-3321	349	3	the	the	DET
cjal-3321	349	4	csrc	csrc	NOUN
cjal-3321	349	5	was	be	AUX
cjal-3321	349	6	established	establish	VERB
cjal-3321	349	7	as	as	ADP
cjal-3321	349	8	a	a	DET
cjal-3321	349	9	semi	semi	ADJ
cjal-3321	349	10	-	-	ADJ
cjal-3321	349	11	government	government	ADJ
cjal-3321	349	12	agency	agency	NOUN
cjal-3321	349	13	to	to	PART
cjal-3321	349	14	implement	implement	VERB
cjal-3321	349	15	the	the	DET
cjal-3321	349	16	decrees	decree	NOUN
cjal-3321	349	17	of	of	ADP
cjal-3321	349	18	the	the	DET
cjal-3321	349	19	state	state	PROPN
cjal-3321	349	20	council	council	PROPN
cjal-3321	349	21	securities	securities	PROPN
cjal-3321	349	22	committee	committee	PROPN
cjal-3321	349	23	(	(	PUNCT
cjal-3321	349	24	scsc	scsc	PROPN
cjal-3321	349	25	)	)	PUNCT
cjal-3321	349	26	in	in	ADP
cjal-3321	349	27	october	october	PROPN
cjal-3321	349	28	1992	1992	NUM
cjal-3321	349	29	,	,	PUNCT
cjal-3321	349	30	two	two	NUM
cjal-3321	349	31	years	year	NOUN
cjal-3321	349	32	after	after	ADP
cjal-3321	349	33	nationwide	nationwide	ADJ
cjal-3321	349	34	exchange	exchange	NOUN
cjal-3321	349	35	markets	market	NOUN
cjal-3321	349	36	,	,	PUNCT
cjal-3321	349	37	such	such	ADJ
cjal-3321	349	38	as	as	ADP
cjal-3321	349	39	the	the	DET
cjal-3321	349	40	sse	sse	NOUN
cjal-3321	349	41	and	and	CCONJ
cjal-3321	349	42	szse	szse	NOUN
cjal-3321	349	43	,	,	PUNCT
cjal-3321	349	44	were	be	AUX
cjal-3321	349	45	set	set	VERB
cjal-3321	349	46	up.8	up.8	NOUN
cjal-3321	349	47	'	'	PUNCT
cjal-3321	349	48	because	because	SCONJ
cjal-3321	349	49	the	the	DET
cjal-3321	349	50	first	first	ADJ
cjal-3321	349	51	chinese	chinese	ADJ
cjal-3321	349	52	securities	security	NOUN
cjal-3321	349	53	laws	law	NOUN
cjal-3321	349	54	were	be	AUX
cjal-3321	349	55	not	not	PART
cjal-3321	349	56	promulgated	promulgate	VERB
cjal-3321	349	57	until	until	SCONJ
cjal-3321	349	58	1998,82	1998,82	PROPN
cjal-3321	349	59	the	the	DET
cjal-3321	349	60	csrc	csrc	NOUN
cjal-3321	349	61	had	have	VERB
cjal-3321	349	62	to	to	PART
cjal-3321	349	63	rely	rely	VERB
cjal-3321	349	64	solely	solely	ADV
cjal-3321	349	65	on	on	ADP
cjal-3321	349	66	administrative	administrative	ADJ
cjal-3321	349	67	78	78	NUM
cjal-3321	349	68	luo	luo	PROPN
cjal-3321	349	69	peixin	peixin	PROPN
cjal-3321	349	70	,	,	PUNCT
cjal-3321	349	71	li	li	PROPN
cjal-3321	349	72	jian	jian	PROPN
cjal-3321	349	73	&	&	CCONJ
cjal-3321	349	74	zhao	zhao	PROPN
cjal-3321	349	75	yingjie	yingjie	PROPN
cjal-3321	349	76	(	(	PUNCT
cjal-3321	349	77	j	j	PROPN
cjal-3321	349	78	&	&	CCONJ
cjal-3321	349	79	l.	l.	PROPN
cjal-3321	349	80	)	)	PUNCT
cjal-3321	349	81	,	,	PUNCT
cjal-3321	349	82	woguo	woguo	PROPN
cjal-3321	349	83	gongsi	gongsi	PROPN
cjal-3321	349	84	gaoguan	gaoguan	PROPN
cjal-3321	349	85	qinmian	qinmian	PROPN
cjal-3321	349	86	yiwu	yiwu	PROPN
cjal-3321	349	87	zhi	zhi	PROPN
cjal-3321	349	88	sifa	sifa	PROPN
cjal-3321	349	89	cailiang	cailiang	PROPN
cjal-3321	349	90	de	de	PROPN
cjal-3321	349	91	shizheng	shizheng	PROPN
cjal-3321	349	92	fenxi	fenxi	PROPN
cjal-3321	349	93	(	(	PUNCT
cjal-3321	349	94	r	r	X
cjal-3321	349	95	[	[	PUNCT
cjal-3321	349	96	a	a	DET
cjal-3321	349	97	%	%	NOUN
cjal-3321	349	98	_	_	NOUN
cjal-3321	349	99	-zj	-zj	NOUN
cjal-3321	349	100	t	t	NOUN
cjal-3321	349	101	1	1	NUM
cjal-3321	349	102	-	-	SYM
cjal-3321	349	103	8	8	NUM
cjal-3321	349	104	&	&	CCONJ
cjal-3321	349	105	#	#	NOUN
cjal-3321	349	106	m	m	NOUN
cjal-3321	349	107	)	)	PUNCT
cjal-3321	350	1	r	r	X
cjal-3321	350	2	)	)	PUNCT
cjal-3321	351	1	[	[	X
cjal-3321	351	2	empirical	empirical	ADJ
cjal-3321	351	3	research	research	NOUN
cjal-3321	351	4	on	on	ADP
cjal-3321	351	5	duty	duty	NOUN
cjal-3321	351	6	of	of	ADP
cjal-3321	351	7	care	care	NOUN
cjal-3321	351	8	adjudications	adjudication	NOUN
cjal-3321	351	9	in	in	ADP
cjal-3321	351	10	china	china	PROPN
cjal-3321	351	11	]	]	PUNCT
cjal-3321	351	12	,	,	PUNCT
cjal-3321	351	13	zhengquan	zhengquan	PROPN
cjal-3321	351	14	fayuan	fayuan	PROPN
cjal-3321	351	15	(	(	PUNCT
cjal-3321	351	16	ii	ii	PROPN
cjal-3321	351	17	&	&	CCONJ
cjal-3321	351	18	)	)	PUNCT
cjal-3321	352	1	[	[	X
cjal-3321	352	2	sec	sec	PROPN
cjal-3321	352	3	.	.	PUNCT
cjal-3321	352	4	l.f	l.f	PROPN
cjal-3321	352	5	.	.	PROPN
cjal-3321	352	6	]	]	X
cjal-3321	352	7	,	,	PUNCT
cjal-3321	352	8	no	no	INTJ
cjal-3321	352	9	.	.	NOUN
cjal-3321	352	10	3	3	NUM
cjal-3321	352	11	,	,	PUNCT
cjal-3321	352	12	2010	2010	NUM
cjal-3321	352	13	,	,	PUNCT
cjal-3321	352	14	at	at	ADP
cjal-3321	352	15	372	372	NUM
cjal-3321	352	16	.	.	NOUN
cjal-3321	352	17	79	79	NUM
cjal-3321	353	1	i	i	PRON
cjal-3321	353	2	d.	d.	PROPN
cjal-3321	353	3	8o	8o	PROPN
cjal-3321	353	4	walter	walter	PROPN
cjal-3321	353	5	werner	werner	PROPN
cjal-3321	353	6	,	,	PUNCT
cjal-3321	353	7	the	the	DET
cjal-3321	353	8	sec	sec	PROPN
cjal-3321	353	9	as	as	ADP
cjal-3321	353	10	a	a	DET
cjal-3321	353	11	market	market	NOUN
cjal-3321	353	12	regulator	regulator	NOUN
cjal-3321	353	13	,	,	PUNCT
cjal-3321	353	14	70	70	NUM
cjal-3321	353	15	va	va	NOUN
cjal-3321	353	16	.	.	PUNCT
cjal-3321	354	1	l.	l.	PROPN
cjal-3321	354	2	rev	rev	PROPN
cjal-3321	354	3	.	.	PROPN
cjal-3321	355	1	755	755	NUM
cjal-3321	355	2	,	,	PUNCT
cjal-3321	355	3	758	758	NUM
cjal-3321	355	4	(	(	PUNCT
cjal-3321	355	5	1984	1984	NUM
cjal-3321	355	6	)	)	PUNCT
cjal-3321	355	7	.	.	PUNCT
cjal-3321	356	1	8i	8i	NUM
cjal-3321	356	2	brief	brief	ADJ
cjal-3321	356	3	review	review	NOUN
cjal-3321	356	4	of	of	ADP
cjal-3321	356	5	the	the	DET
cjal-3321	356	6	development	development	NOUN
cjal-3321	356	7	of	of	ADP
cjal-3321	356	8	china	china	PROPN
cjal-3321	356	9	's	's	PART
cjal-3321	356	10	capital	capital	NOUN
cjal-3321	356	11	markets	market	NOUN
cjal-3321	356	12	,	,	PUNCT
cjal-3321	356	13	china	china	PROPN
cjal-3321	356	14	sec	sec	PROPN
cjal-3321	356	15	.	.	PUNCT
cjal-3321	357	1	regulatory	regulatory	ADJ
cjal-3321	357	2	comm'n	comm'n	PROPN
cjal-3321	357	3	,	,	PUNCT
cjal-3321	357	4	http	http	ADJ
cjal-3321	357	5	:	:	PUNCT
cjal-3321	357	6	j	j	NOUN
cjal-3321	357	7	/	/	SYM
cjal-3321	357	8	www.csrc.gov.cn	www.csrc.gov.cn	PROPN
cjal-3321	357	9	/	/	SYM
cjal-3321	357	10	pub	pub	NOUN
cjal-3321	357	11	/	/	SYM
cjal-3321	357	12	newsite	newsite	VERB
cjal-3321	357	13	/	/	SYM
cjal-3321	357	14	yzx	yzx	PROPN
cjal-3321	357	15	/	/	SYM
cjal-3321	357	16	cbwxz	cbwxz	NOUN
cjal-3321	357	17	/	/	SYM
cjal-3321	357	18	ebook	ebook	NOUN
cjal-3321	357	19	/	/	SYM
cjal-3321	357	20	chinacapitamarkets	chinacapitamarket	NOUN
cjal-3321	357	21	developmentreport.pdf	developmentreport.pdf	NOUN
cjal-3321	357	22	(	(	PUNCT
cjal-3321	357	23	last	last	ADJ
cjal-3321	357	24	visited	visit	VERB
cjal-3321	357	25	june	june	PROPN
cjal-3321	357	26	12	12	NUM
cjal-3321	357	27	,	,	PUNCT
cjal-3321	357	28	2012	2012	NUM
cjal-3321	357	29	)	)	PUNCT
cjal-3321	357	30	.	.	PUNCT
cjal-3321	358	1	82	82	NUM
cjal-3321	358	2	zhengquan	zhengquan	PROPN
cjal-3321	358	3	fa	fa	PROPN
cjal-3321	358	4	(	(	PUNCT
cjal-3321	358	5	iiem	iiem	PROPN
cjal-3321	358	6	)	)	PUNCT
cjal-3321	359	1	[	[	X
cjal-3321	359	2	securities	security	NOUN
cjal-3321	359	3	law	law	NOUN
cjal-3321	359	4	]	]	PUNCT
cjal-3321	359	5	(	(	PUNCT
cjal-3321	359	6	promulgated	promulgate	VERB
cjal-3321	359	7	by	by	ADP
cjal-3321	359	8	the	the	DET
cjal-3321	359	9	standing	standing	NOUN
cjal-3321	359	10	comm	comm	NOUN
cjal-3321	359	11	.	.	PUNCT
cjal-3321	360	1	nat'l	nat'l	NOUN
cjal-3321	360	2	people	people	NOUN
cjal-3321	360	3	's	's	PART
cjal-3321	360	4	cong	cong	NOUN
cjal-3321	360	5	.	.	PUNCT
cjal-3321	360	6	,	,	PUNCT
cjal-3321	360	7	dec	dec	PROPN
cjal-3321	360	8	.	.	PROPN
cjal-3321	360	9	29	29	NUM
cjal-3321	360	10	,	,	PUNCT
cjal-3321	360	11	1998	1998	NUM
cjal-3321	360	12	,	,	PUNCT
cjal-3321	360	13	effective	effective	ADJ
cjal-3321	360	14	july	july	PROPN
cjal-3321	360	15	1	1	NUM
cjal-3321	360	16	,	,	PUNCT
cjal-3321	360	17	1999	1999	NUM
cjal-3321	360	18	)	)	PUNCT
cjal-3321	360	19	,	,	PUNCT
cjal-3321	360	20	6	6	NUM
cjal-3321	360	21	standing	standing	NOUN
cjal-3321	360	22	comm	comm	NOUN
cjal-3321	360	23	.	.	PUNCT
cjal-3321	361	1	nat'l	nat'l	NOUN
cjal-3321	361	2	people	people	NOUN
cjal-3321	361	3	's	's	PART
cjal-3321	361	4	cong	cong	NOUN
cjal-3321	361	5	.	.	PUNCT
cjal-3321	362	1	gaz	gaz	PROPN
cjal-3321	362	2	.	.	PROPN
cjal-3321	362	3	596	596	NUM
cjal-3321	362	4	[	[	X
cjal-3321	362	5	hereinafter	hereinafter	NOUN
cjal-3321	362	6	securities	security	NOUN
cjal-3321	362	7	law	law	NOUN
cjal-3321	362	8	(	(	PUNCT
cjal-3321	362	9	1998	1998	NUM
cjal-3321	362	10	)	)	PUNCT
cjal-3321	362	11	]	]	PUNCT
cjal-3321	362	12	,	,	PUNCT
cjal-3321	362	13	available	available	ADJ
cjal-3321	362	14	at	at	ADP
cjal-3321	362	15	http://www.lawinfochina.com/display.aspx?id=io84&lib=law	http://www.lawinfochina.com/display.aspx?id=io84&lib=law	PROPN
cjal-3321	362	16	.	.	PUNCT
cjal-3321	363	1	the	the	DET
cjal-3321	363	2	efficacy	efficacy	NOUN
cjal-3321	363	3	of	of	ADP
cjal-3321	363	4	chinese	chinese	ADJ
cjal-3321	363	5	takeover	takeover	NOUN
cjal-3321	363	6	laws	law	NOUN
cjal-3321	363	7	198	198	NUM
cjal-3321	363	8	power	power	NOUN
cjal-3321	363	9	derived	derive	VERB
cjal-3321	363	10	from	from	ADP
cjal-3321	363	11	the	the	DET
cjal-3321	363	12	scsc	scsc	NOUN
cjal-3321	363	13	to	to	PART
cjal-3321	363	14	regulate	regulate	VERB
cjal-3321	363	15	and	and	CCONJ
cjal-3321	363	16	operate	operate	VERB
cjal-3321	363	17	the	the	DET
cjal-3321	363	18	market	market	NOUN
cjal-3321	363	19	during	during	ADP
cjal-3321	363	20	the	the	DET
cjal-3321	363	21	first	first	ADJ
cjal-3321	363	22	six	six	NUM
cjal-3321	363	23	years	year	NOUN
cjal-3321	363	24	of	of	ADP
cjal-3321	363	25	its	its	PRON
cjal-3321	363	26	existence	existence	NOUN
cjal-3321	363	27	.	.	PUNCT
cjal-3321	364	1	the	the	DET
cjal-3321	364	2	1997	1997	NUM
cjal-3321	364	3	asian	asian	ADJ
cjal-3321	364	4	financial	financial	ADJ
cjal-3321	364	5	crisis	crisis	NOUN
cjal-3321	364	6	forced	force	VERB
cjal-3321	364	7	the	the	DET
cjal-3321	364	8	state	state	NOUN
cjal-3321	364	9	council	council	NOUN
cjal-3321	364	10	to	to	PART
cjal-3321	364	11	seriously	seriously	ADV
cjal-3321	364	12	consider	consider	VERB
cjal-3321	364	13	legally	legally	ADV
cjal-3321	364	14	and	and	CCONJ
cjal-3321	364	15	professionally	professionally	ADV
cjal-3321	364	16	regulating	regulate	VERB
cjal-3321	364	17	the	the	DET
cjal-3321	364	18	market	market	NOUN
cjal-3321	364	19	,	,	PUNCT
cjal-3321	364	20	leading	lead	VERB
cjal-3321	364	21	to	to	ADP
cjal-3321	364	22	the	the	DET
cjal-3321	364	23	enactment	enactment	NOUN
cjal-3321	364	24	of	of	ADP
cjal-3321	364	25	the	the	DET
cjal-3321	364	26	first	first	ADJ
cjal-3321	364	27	chinese	chinese	ADJ
cjal-3321	364	28	securities	security	NOUN
cjal-3321	364	29	law	law	NOUN
cjal-3321	364	30	.	.	PUNCT
cjal-3321	365	1	it	it	PRON
cjal-3321	365	2	was	be	AUX
cjal-3321	365	3	in	in	ADP
cjal-3321	365	4	the	the	DET
cjal-3321	365	5	same	same	ADJ
cjal-3321	365	6	year	year	NOUN
cjal-3321	365	7	that	that	PRON
cjal-3321	365	8	the	the	DET
cjal-3321	365	9	state	state	PROPN
cjal-3321	365	10	council	council	PROPN
cjal-3321	365	11	abolished	abolish	VERB
cjal-3321	365	12	the	the	DET
cjal-3321	365	13	scsc	scsc	NOUN
cjal-3321	365	14	and	and	CCONJ
cjal-3321	365	15	incorporated	incorporate	VERB
cjal-3321	365	16	it	it	PRON
cjal-3321	365	17	into	into	ADP
cjal-3321	365	18	the	the	DET
cjal-3321	365	19	csrc	csrc	NOUN
cjal-3321	365	20	.	.	PUNCT
cjal-3321	366	1	s3	s3	PROPN
cjal-3321	366	2	the	the	DET
cjal-3321	366	3	development	development	NOUN
cjal-3321	366	4	of	of	ADP
cjal-3321	366	5	securities	security	NOUN
cjal-3321	366	6	industry	industry	NOUN
cjal-3321	366	7	associations	association	NOUN
cjal-3321	366	8	and	and	CCONJ
cjal-3321	366	9	exchanges	exchange	NOUN
cjal-3321	366	10	has	have	AUX
cjal-3321	366	11	followed	follow	VERB
cjal-3321	366	12	a	a	DET
cjal-3321	366	13	path	path	NOUN
cjal-3321	366	14	similar	similar	ADJ
cjal-3321	366	15	to	to	ADP
cjal-3321	366	16	that	that	PRON
cjal-3321	366	17	of	of	ADP
cjal-3321	366	18	the	the	DET
cjal-3321	366	19	csrc	csrc	NOUN
cjal-3321	366	20	.	.	PUNCT
cjal-3321	367	1	4	4	NUM
cjal-3321	367	2	strong	strong	ADJ
cjal-3321	367	3	administrative	administrative	ADJ
cjal-3321	367	4	influence	influence	NOUN
cjal-3321	367	5	continues	continue	VERB
cjal-3321	367	6	to	to	PART
cjal-3321	367	7	shape	shape	VERB
cjal-3321	367	8	these	these	DET
cjal-3321	367	9	associations	association	NOUN
cjal-3321	367	10	and	and	CCONJ
cjal-3321	367	11	exchanges	exchange	NOUN
cjal-3321	367	12	today	today	NOUN
cjal-3321	367	13	.	.	PUNCT
cjal-3321	367	14	85	85	NUM
cjal-3321	368	1	some	some	DET
cjal-3321	368	2	commentators	commentator	NOUN
cjal-3321	368	3	even	even	ADV
cjal-3321	368	4	think	think	VERB
cjal-3321	368	5	that	that	SCONJ
cjal-3321	368	6	they	they	PRON
cjal-3321	368	7	are	be	AUX
cjal-3321	368	8	merely	merely	ADV
cjal-3321	368	9	puppets	puppet	NOUN
cjal-3321	368	10	of	of	ADP
cjal-3321	368	11	the	the	DET
cjal-3321	368	12	csrc	csrc	NOUN
cjal-3321	368	13	.	.	PUNCT
cjal-3321	369	1	a6	a6	NOUN
cjal-3321	369	2	unlike	unlike	ADP
cjal-3321	369	3	their	their	PRON
cjal-3321	369	4	u.s	u.s	PROPN
cjal-3321	369	5	.	.	PROPN
cjal-3321	369	6	counterparts	counterpart	NOUN
cjal-3321	369	7	,	,	PUNCT
cjal-3321	369	8	which	which	PRON
cjal-3321	369	9	are	be	AUX
cjal-3321	369	10	established	establish	VERB
cjal-3321	369	11	through	through	ADP
cjal-3321	369	12	private	private	ADJ
cjal-3321	369	13	contracts	contract	NOUN
cjal-3321	369	14	such	such	ADJ
cjal-3321	369	15	as	as	ADP
cjal-3321	369	16	the	the	DET
cjal-3321	369	17	buttonwood	buttonwood	PROPN
cjal-3321	369	18	agreement,8	agreement,8	VERB
cjal-3321	369	19	7	7	NUM
cjal-3321	369	20	these	these	DET
cjal-3321	369	21	associations	association	NOUN
cjal-3321	369	22	and	and	CCONJ
cjal-3321	369	23	exchanges	exchange	NOUN
cjal-3321	369	24	are	be	AUX
cjal-3321	369	25	set	set	VERB
cjal-3321	369	26	up	up	ADP
cjal-3321	369	27	and	and	CCONJ
cjal-3321	369	28	organized	organize	VERB
cjal-3321	369	29	by	by	ADP
cjal-3321	369	30	administrative	administrative	ADJ
cjal-3321	369	31	orders	order	NOUN
cjal-3321	369	32	to	to	PART
cjal-3321	369	33	facilitate	facilitate	VERB
cjal-3321	369	34	the	the	DET
cjal-3321	369	35	csrc	csrc	NOUN
cjal-3321	369	36	's	's	PART
cjal-3321	369	37	workings	working	NOUN
cjal-3321	369	38	.	.	PUNCT
cjal-3321	370	1	thus	thus	ADV
cjal-3321	370	2	,	,	PUNCT
cjal-3321	370	3	in	in	ADP
cjal-3321	370	4	practice	practice	NOUN
cjal-3321	370	5	,	,	PUNCT
cjal-3321	370	6	almost	almost	ADV
cjal-3321	370	7	no	no	PRON
cjal-3321	370	8	dispute	dispute	NOUN
cjal-3321	370	9	exists	exist	VERB
cjal-3321	370	10	between	between	ADP
cjal-3321	370	11	the	the	DET
cjal-3321	370	12	csrc	csrc	NOUN
cjal-3321	370	13	and	and	CCONJ
cjal-3321	370	14	these	these	DET
cjal-3321	370	15	agencies	agency	NOUN
cjal-3321	370	16	.	.	PUNCT
cjal-3321	371	1	the	the	DET
cjal-3321	371	2	csrc	csrc	NOUN
cjal-3321	371	3	's	's	PART
cjal-3321	371	4	authority	authority	NOUN
cjal-3321	371	5	does	do	AUX
cjal-3321	371	6	not	not	PART
cjal-3321	371	7	have	have	VERB
cjal-3321	371	8	a	a	DET
cjal-3321	371	9	direct	direct	ADJ
cjal-3321	371	10	statutory	statutory	ADJ
cjal-3321	371	11	basis	basis	NOUN
cjal-3321	371	12	,	,	PUNCT
cjal-3321	371	13	but	but	CCONJ
cjal-3321	371	14	instead	instead	ADV
cjal-3321	371	15	derives	derive	VERB
cjal-3321	371	16	from	from	ADP
cjal-3321	371	17	the	the	DET
cjal-3321	371	18	state	state	NOUN
cjal-3321	371	19	council	council	PROPN
cjal-3321	371	20	.	.	PUNCT
cjal-3321	372	1	both	both	PRON
cjal-3321	372	2	the	the	DET
cjal-3321	372	3	1998	1998	NUM
cjal-3321	372	4	and	and	CCONJ
cjal-3321	372	5	2005	2005	NUM
cjal-3321	372	6	versions	version	NOUN
cjal-3321	372	7	of	of	ADP
cjal-3321	372	8	the	the	DET
cjal-3321	372	9	securities	security	NOUN
cjal-3321	372	10	law	law	NOUN
cjal-3321	372	11	grant	grant	VERB
cjal-3321	372	12	a	a	DET
cjal-3321	372	13	supervisory	supervisory	ADJ
cjal-3321	372	14	agency	agency	NOUN
cjal-3321	372	15	,	,	PUNCT
cjal-3321	372	16	as	as	SCONJ
cjal-3321	372	17	designated	designate	VERB
cjal-3321	372	18	by	by	ADP
cjal-3321	372	19	the	the	DET
cjal-3321	372	20	state	state	PROPN
cjal-3321	372	21	council	council	PROPN
cjal-3321	372	22	,	,	PUNCT
cjal-3321	372	23	market	market	NOUN
cjal-3321	372	24	supervisory	supervisory	ADJ
cjal-3321	372	25	and	and	CCONJ
cjal-3321	372	26	regulatory	regulatory	ADJ
cjal-3321	372	27	powers.88	powers.88	NOUN
cjal-3321	372	28	this	this	PRON
cjal-3321	372	29	presumably	presumably	ADV
cjal-3321	372	30	justifies	justify	VERB
cjal-3321	372	31	the	the	DET
cjal-3321	372	32	csrc	csrc	NOUN
cjal-3321	372	33	's	's	PART
cjal-3321	372	34	existence	existence	NOUN
cjal-3321	372	35	and	and	CCONJ
cjal-3321	372	36	authority	authority	NOUN
cjal-3321	372	37	.	.	PUNCT
cjal-3321	373	1	nevertheless	nevertheless	ADV
cjal-3321	373	2	,	,	PUNCT
cjal-3321	373	3	one	one	PRON
cjal-3321	373	4	must	must	AUX
cjal-3321	373	5	note	note	VERB
cjal-3321	373	6	that	that	SCONJ
cjal-3321	373	7	the	the	DET
cjal-3321	373	8	laws	law	NOUN
cjal-3321	373	9	do	do	AUX
cjal-3321	373	10	not	not	PART
cjal-3321	373	11	explicitly	explicitly	ADV
cjal-3321	373	12	point	point	VERB
cjal-3321	373	13	out	out	ADP
cjal-3321	373	14	which	which	DET
cjal-3321	373	15	institution	institution	NOUN
cjal-3321	373	16	is	be	AUX
cjal-3321	373	17	the	the	DET
cjal-3321	373	18	said	say	VERB
cjal-3321	373	19	supervisory	supervisory	ADJ
cjal-3321	373	20	agency	agency	NOUN
cjal-3321	373	21	.	.	PUNCT
cjal-3321	374	1	in	in	ADP
cjal-3321	374	2	fact	fact	NOUN
cjal-3321	374	3	,	,	PUNCT
cjal-3321	374	4	the	the	DET
cjal-3321	374	5	state	state	NOUN
cjal-3321	374	6	council	council	PROPN
cjal-3321	374	7	is	be	AUX
cjal-3321	374	8	the	the	DET
cjal-3321	374	9	de	de	X
cjal-3321	374	10	facto	facto	X
cjal-3321	374	11	supervisory	supervisory	ADJ
cjal-3321	374	12	body	body	NOUN
cjal-3321	374	13	,	,	PUNCT
cjal-3321	374	14	while	while	SCONJ
cjal-3321	374	15	the	the	DET
cjal-3321	374	16	csrc	csrc	NOUN
cjal-3321	374	17	is	be	AUX
cjal-3321	374	18	only	only	ADV
cjal-3321	374	19	a	a	DET
cjal-3321	374	20	body	body	NOUN
cjal-3321	374	21	created	create	VERB
cjal-3321	374	22	under	under	ADP
cjal-3321	374	23	the	the	DET
cjal-3321	374	24	state	state	NOUN
cjal-3321	374	25	council	council	NOUN
cjal-3321	374	26	's	's	PART
cjal-3321	374	27	authority	authority	NOUN
cjal-3321	374	28	.	.	PUNCT
cjal-3321	375	1	therefore	therefore	ADV
cjal-3321	375	2	,	,	PUNCT
cjal-3321	375	3	it	it	PRON
cjal-3321	375	4	appears	appear	VERB
cjal-3321	375	5	that	that	SCONJ
cjal-3321	375	6	the	the	DET
cjal-3321	375	7	state	state	NOUN
cjal-3321	375	8	council	council	PROPN
cjal-3321	375	9	can	can	AUX
cjal-3321	375	10	abolish	abolish	VERB
cjal-3321	375	11	the	the	DET
cjal-3321	375	12	csrc	csrc	NOUN
cjal-3321	375	13	anytime	anytime	ADV
cjal-3321	375	14	and	and	CCONJ
cjal-3321	375	15	install	install	VERB
cjal-3321	375	16	another	another	DET
cjal-3321	375	17	agency	agency	NOUN
cjal-3321	375	18	if	if	SCONJ
cjal-3321	375	19	it	it	PRON
cjal-3321	375	20	wishes	wish	VERB
cjal-3321	375	21	.	.	PUNCT
cjal-3321	376	1	another	another	DET
cjal-3321	376	2	sign	sign	NOUN
cjal-3321	376	3	of	of	ADP
cjal-3321	376	4	this	this	DET
cjal-3321	376	5	institutional	institutional	ADJ
cjal-3321	376	6	entrenchment	entrenchment	NOUN
cjal-3321	376	7	is	be	AUX
cjal-3321	376	8	that	that	SCONJ
cjal-3321	376	9	almost	almost	ADV
cjal-3321	376	10	every	every	PRON
cjal-3321	376	11	chairman	chairman	NOUN
cjal-3321	376	12	of	of	ADP
cjal-3321	376	13	the	the	DET
cjal-3321	376	14	csrc	csrc	NOUN
cjal-3321	376	15	,	,	PUNCT
cjal-3321	376	16	before	before	ADP
cjal-3321	376	17	or	or	CCONJ
cjal-3321	376	18	after	after	ADP
cjal-3321	376	19	his	his	PRON
cjal-3321	376	20	tenure	tenure	NOUN
cjal-3321	376	21	,	,	PUNCT
cjal-3321	376	22	has	have	AUX
cjal-3321	376	23	become	become	VERB
cjal-3321	376	24	the	the	DET
cjal-3321	376	25	chief	chief	NOUN
cjal-3321	376	26	or	or	CCONJ
cjal-3321	376	27	vice	vice	NOUN
cjal-3321	376	28	83	83	NUM
cjal-3321	376	29	see	see	VERB
cjal-3321	376	30	brief	brief	ADJ
cjal-3321	376	31	review	review	NOUN
cjal-3321	376	32	of	of	ADP
cjal-3321	376	33	the	the	DET
cjal-3321	376	34	development	development	NOUN
cjal-3321	376	35	of	of	ADP
cjal-3321	376	36	china	china	PROPN
cjal-3321	376	37	's	's	PART
cjal-3321	376	38	capital	capital	NOUN
cjal-3321	376	39	markets	market	NOUN
cjal-3321	376	40	,	,	PUNCT
cjal-3321	376	41	supra	supra	PROPN
cjal-3321	376	42	note	note	NOUN
cjal-3321	376	43	81	81	NUM
cjal-3321	376	44	.	.	NUM
cjal-3321	376	45	94	94	NUM
cjal-3321	377	1	i	i	PRON
cjal-3321	377	2	d.	d.	PROPN
cjal-3321	377	3	85	85	NUM
cjal-3321	377	4	kang	kang	PROPN
cjal-3321	377	5	yaokun	yaokun	PROPN
cjal-3321	377	6	(	(	PUNCT
cjal-3321	377	7	)	)	PUNCT
cjal-3321	377	8	w	w	X
cjal-3321	378	1	_	_	NOUN
cjal-3321	378	2	#	#	NOUN
cjal-3321	378	3	)	)	PUNCT
cjal-3321	378	4	,	,	PUNCT
cjal-3321	378	5	zhengjianhui	zhengjianhui	PROPN
cjal-3321	378	6	yu	yu	PROPN
cjal-3321	378	7	zhengquanye	zhengquanye	PROPN
cjal-3321	378	8	xiehui	xiehui	PROPN
cjal-3321	378	9	quanli	quanli	PROPN
cjal-3321	378	10	peizhi	peizhi	VERB
cjal-3321	378	11	yanjiu	yanjiu	PROPN
cjal-3321	378	12	i4i	i4i	PROPN
cjal-3321	378	13	-=ie	-=ie	PUNCT
cjal-3321	378	14	9-	9-	NUM
cjal-3321	378	15	)	)	PUNCT
cjal-3321	378	16	)	)	PUNCT
cjal-3321	379	1	[	[	X
cjal-3321	379	2	research	research	NOUN
cjal-3321	379	3	on	on	ADP
cjal-3321	379	4	the	the	DET
cjal-3321	379	5	allocation	allocation	NOUN
cjal-3321	379	6	of	of	ADP
cjal-3321	379	7	power	power	NOUN
cjal-3321	379	8	between	between	ADP
cjal-3321	379	9	the	the	DET
cjal-3321	379	10	csrc	csrc	PROPN
cjal-3321	379	11	and	and	CCONJ
cjal-3321	379	12	securities	securities	PROPN
cjal-3321	379	13	association	association	PROPN
cjal-3321	379	14	of	of	ADP
cjal-3321	379	15	china	china	PROPN
cjal-3321	379	16	]	]	PUNCT
cjal-3321	379	17	,	,	PUNCT
cjal-3321	379	18	gansu	gansu	PROPN
cjal-3321	379	19	shehui	shehui	PROPN
cjal-3321	379	20	kexue	kexue	PROPN
cjal-3321	379	21	(	(	PUNCT
cjal-3321	379	22	tfl	tfl	NOUN
cjal-3321	379	23	i-4	i-4	PROPN
cjal-3321	379	24	)	)	PUNCT
cjal-3321	380	1	[	[	X
cjal-3321	380	2	gansu	gansu	PROPN
cjal-3321	380	3	soc	soc	PROPN
cjal-3321	380	4	.	.	PUNCT
cjal-3321	381	1	sci	sci	PROPN
cjal-3321	381	2	.	.	PROPN
cjal-3321	382	1	]	]	X
cjal-3321	382	2	,	,	PUNCT
cjal-3321	382	3	no	no	INTJ
cjal-3321	382	4	.	.	NOUN
cjal-3321	382	5	6	6	NUM
cjal-3321	382	6	,	,	PUNCT
cjal-3321	382	7	2o1	2o1	NUM
cjal-3321	382	8	,	,	PUNCT
cjal-3321	382	9	at	at	ADP
cjal-3321	382	10	186	186	NUM
cjal-3321	382	11	.	.	PUNCT
cjal-3321	383	1	the	the	DET
cjal-3321	383	2	stewardship	stewardship	NOUN
cjal-3321	383	3	of	of	ADP
cjal-3321	383	4	the	the	DET
cjal-3321	383	5	exchanges	exchange	NOUN
cjal-3321	383	6	and	and	CCONJ
cjal-3321	383	7	the	the	DET
cjal-3321	383	8	securities	security	NOUN
cjal-3321	383	9	association	association	NOUN
cjal-3321	383	10	is	be	AUX
cjal-3321	383	11	firmly	firmly	ADV
cjal-3321	383	12	controlled	control	VERB
cjal-3321	383	13	by	by	ADP
cjal-3321	383	14	the	the	DET
cjal-3321	383	15	csrc	csrc	NOUN
cjal-3321	383	16	.	.	PUNCT
cjal-3321	384	1	senior	senior	ADJ
cjal-3321	384	2	executives	executive	NOUN
cjal-3321	384	3	of	of	ADP
cjal-3321	384	4	the	the	DET
cjal-3321	384	5	exchanges	exchange	NOUN
cjal-3321	384	6	maintain	maintain	VERB
cjal-3321	384	7	ambiguous	ambiguous	ADJ
cjal-3321	384	8	relationships	relationship	NOUN
cjal-3321	384	9	with	with	ADP
cjal-3321	384	10	the	the	DET
cjal-3321	384	11	government	government	NOUN
cjal-3321	384	12	,	,	PUNCT
cjal-3321	384	13	and	and	CCONJ
cjal-3321	384	14	most	most	ADJ
cjal-3321	384	15	of	of	ADP
cjal-3321	384	16	the	the	DET
cjal-3321	384	17	csrc	csrc	NOUN
cjal-3321	384	18	officials	official	NOUN
cjal-3321	384	19	serve	serve	VERB
cjal-3321	384	20	in	in	ADP
cjal-3321	384	21	the	the	DET
cjal-3321	384	22	government	government	NOUN
cjal-3321	384	23	before	before	ADP
cjal-3321	384	24	or	or	CCONJ
cjal-3321	384	25	after	after	ADP
cjal-3321	384	26	their	their	PRON
cjal-3321	384	27	appointment	appointment	NOUN
cjal-3321	384	28	to	to	ADP
cjal-3321	384	29	the	the	DET
cjal-3321	384	30	csrc	csrc	NOUN
cjal-3321	384	31	.	.	PUNCT
cjal-3321	385	1	the	the	DET
cjal-3321	385	2	associations	association	NOUN
cjal-3321	385	3	are	be	AUX
cjal-3321	385	4	similarly	similarly	ADV
cjal-3321	385	5	situated	situate	VERB
cjal-3321	385	6	.	.	PUNCT
cjal-3321	386	1	the	the	DET
cjal-3321	386	2	csrc	csrc	NOUN
cjal-3321	386	3	has	have	VERB
cjal-3321	386	4	power	power	NOUN
cjal-3321	386	5	to	to	PART
cjal-3321	386	6	appoint	appoint	VERB
cjal-3321	386	7	one	one	NUM
cjal-3321	386	8	fifth	fifth	NOUN
cjal-3321	386	9	of	of	ADP
cjal-3321	386	10	nondealer	nondealer	NOUN
cjal-3321	386	11	members	member	NOUN
cjal-3321	386	12	and	and	CCONJ
cjal-3321	386	13	has	have	VERB
cjal-3321	386	14	other	other	ADJ
cjal-3321	386	15	finance	finance	NOUN
cjal-3321	386	16	rights	right	NOUN
cjal-3321	386	17	in	in	ADP
cjal-3321	386	18	the	the	DET
cjal-3321	386	19	securities	security	NOUN
cjal-3321	386	20	association	association	NOUN
cjal-3321	386	21	.	.	PUNCT
cjal-3321	387	1	86	86	NUM
cjal-3321	388	1	i	i	PRON
cjal-3321	388	2	d.	d.	PROPN
cjal-3321	388	3	see	see	VERB
cjal-3321	388	4	also	also	ADV
cjal-3321	388	5	zhang	zhang	PROPN
cjal-3321	388	6	hui	hui	PROPN
cjal-3321	389	1	(	(	PUNCT
cjal-3321	389	2	[	[	X
cjal-3321	389	3	(	(	PUNCT
cjal-3321	389	4	)	)	PUNCT
cjal-3321	389	5	,	,	PUNCT
cjal-3321	389	6	jianguan	jianguan	PROPN
cjal-3321	389	7	zhengjianhui	zhengjianhui	PROPN
cjal-3321	389	8	de	de	PROPN
cjal-3321	389	9	nanti	nanti	PROPN
cjal-3321	389	10	(	(	PUNCT
cjal-3321	389	11	i1ii	i1ii	PUNCT
cjal-3321	389	12	fi	fi	NOUN
cjal-3321	389	13	.ai	.ai	PUNCT
cjal-3321	389	14	)	)	PUNCT
cjal-3321	390	1	[	[	X
cjal-3321	390	2	the	the	DET
cjal-3321	390	3	dilemma	dilemma	NOUN
cjal-3321	390	4	of	of	ADP
cjal-3321	390	5	supervising	supervise	VERB
cjal-3321	390	6	the	the	DET
cjal-3321	390	7	csrc	csrc	NOUN
cjal-3321	390	8	]	]	PUNCT
cjal-3321	390	9	,	,	PUNCT
cjal-3321	390	10	liaowang	liaowang	PROPN
cjal-3321	390	11	(	(	PUNCT
cjal-3321	390	12	li.m	li.m	PROPN
cjal-3321	390	13	.	.	PUNCT
cjal-3321	390	14	)	)	PUNCT
cjal-3321	391	1	[	[	X
cjal-3321	391	2	outlook	outlook	NOUN
cjal-3321	391	3	]	]	PUNCT
cjal-3321	391	4	,	,	PUNCT
cjal-3321	391	5	no	no	INTJ
cjal-3321	391	6	.	.	NOUN
cjal-3321	391	7	44	44	NUM
cjal-3321	391	8	,	,	PUNCT
cjal-3321	391	9	2oo9	2oo9	NUM
cjal-3321	391	10	,	,	PUNCT
cjal-3321	391	11	at	at	ADP
cjal-3321	391	12	52	52	NUM
cjal-3321	391	13	.	.	NOUN
cjal-3321	391	14	8	8	NUM
cjal-3321	391	15	,	,	PUNCT
cjal-3321	391	16	see	see	VERB
cjal-3321	391	17	,	,	PUNCT
cjal-3321	391	18	e.g.	e.g.	ADV
cjal-3321	391	19	,	,	PUNCT
cjal-3321	391	20	jonathan	jonathan	PROPN
cjal-3321	391	21	r.	r.	PROPN
cjal-3321	391	22	macey	macey	PROPN
cjal-3321	391	23	&	&	CCONJ
cjal-3321	391	24	david	david	PROPN
cjal-3321	391	25	d.	d.	PROPN
cjal-3321	391	26	haddock	haddock	PROPN
cjal-3321	391	27	,	,	PUNCT
cjal-3321	391	28	shirking	shirk	VERB
cjal-3321	391	29	at	at	ADP
cjal-3321	391	30	the	the	DET
cjal-3321	391	31	sec	sec	PROPN
cjal-3321	391	32	:	:	PUNCT
cjal-3321	391	33	the	the	DET
cjal-3321	391	34	failure	failure	NOUN
cjal-3321	391	35	of	of	ADP
cjal-3321	391	36	the	the	DET
cjal-3321	391	37	national	national	ADJ
cjal-3321	391	38	market	market	NOUN
cjal-3321	391	39	system	system	NOUN
cjal-3321	391	40	,	,	PUNCT
cjal-3321	391	41	u.	u.	PROPN
cjal-3321	391	42	ill	ill	PROPN
cjal-3321	391	43	.	.	PUNCT
cjal-3321	392	1	l.	l.	PROPN
cjal-3321	392	2	rev	rev	PROPN
cjal-3321	392	3	.	.	PROPN
cjal-3321	392	4	315	315	NUM
cjal-3321	392	5	,	,	PUNCT
cjal-3321	392	6	316	316	NUM
cjal-3321	392	7	-	-	SYM
cjal-3321	392	8	21	21	NUM
cjal-3321	392	9	(	(	PUNCT
cjal-3321	392	10	1985	1985	NUM
cjal-3321	392	11	)	)	PUNCT
cjal-3321	392	12	(	(	PUNCT
cjal-3321	392	13	discussing	discuss	VERB
cjal-3321	392	14	formation	formation	NOUN
cjal-3321	392	15	of	of	ADP
cjal-3321	392	16	the	the	DET
cjal-3321	392	17	nyse	nyse	PROPN
cjal-3321	392	18	)	)	PUNCT
cjal-3321	392	19	.	.	PUNCT
cjal-3321	393	1	88	88	NUM
cjal-3321	393	2	see	see	VERB
cjal-3321	393	3	securities	security	NOUN
cjal-3321	393	4	law	law	NOUN
cjal-3321	393	5	,	,	PUNCT
cjal-3321	393	6	supra	supra	PROPN
cjal-3321	393	7	note	note	PROPN
cjal-3321	393	8	15	15	NUM
cjal-3321	393	9	,	,	PUNCT
cjal-3321	393	10	art	art	NOUN
cjal-3321	393	11	.	.	PUNCT
cjal-3321	394	1	uo	uo	X
cjal-3321	394	2	.	.	PUNCT
cjal-3321	394	3	chief	chief	NOUN
cjal-3321	394	4	of	of	ADP
cjal-3321	394	5	the	the	DET
cjal-3321	394	6	central	central	ADJ
cjal-3321	394	7	bank	bank	PROPN
cjal-3321	394	8	of	of	ADP
cjal-3321	394	9	china	china	PROPN
cjal-3321	394	10	,	,	PUNCT
cjal-3321	394	11	another	another	DET
cjal-3321	394	12	governed	govern	VERB
cjal-3321	394	13	body	body	NOUN
cjal-3321	394	14	of	of	ADP
cjal-3321	394	15	the	the	DET
cjal-3321	394	16	state	state	NOUN
cjal-3321	394	17	council.89	council.89	NOUN
cjal-3321	394	18	it	it	PRON
cjal-3321	394	19	is	be	AUX
cjal-3321	394	20	therefore	therefore	ADV
cjal-3321	394	21	not	not	PART
cjal-3321	394	22	surprising	surprising	ADJ
cjal-3321	394	23	that	that	SCONJ
cjal-3321	394	24	there	there	PRON
cjal-3321	394	25	is	be	VERB
cjal-3321	394	26	a	a	DET
cjal-3321	394	27	significant	significant	ADJ
cjal-3321	394	28	difference	difference	NOUN
cjal-3321	394	29	between	between	ADP
cjal-3321	394	30	the	the	DET
cjal-3321	394	31	principal	principal	ADJ
cjal-3321	394	32	tasks	task	NOUN
cjal-3321	394	33	of	of	ADP
cjal-3321	394	34	the	the	DET
cjal-3321	394	35	csrc	csrc	NOUN
cjal-3321	394	36	and	and	CCONJ
cjal-3321	394	37	the	the	DET
cjal-3321	394	38	securities	securities	PROPN
cjal-3321	394	39	exchange	exchange	PROPN
cjal-3321	394	40	commission	commission	PROPN
cjal-3321	394	41	(	(	PUNCT
cjal-3321	394	42	sec	sec	PROPN
cjal-3321	394	43	)	)	PUNCT
cjal-3321	394	44	.	.	PUNCT
cjal-3321	395	1	the	the	DET
cjal-3321	395	2	sec	sec	PROPN
cjal-3321	395	3	's	's	PART
cjal-3321	395	4	principal	principal	ADJ
cjal-3321	395	5	task	task	NOUN
cjal-3321	395	6	,	,	PUNCT
cjal-3321	395	7	established	establish	VERB
cjal-3321	395	8	by	by	ADP
cjal-3321	395	9	federal	federal	ADJ
cjal-3321	395	10	securities	security	NOUN
cjal-3321	395	11	laws	law	NOUN
cjal-3321	395	12	,	,	PUNCT
cjal-3321	395	13	is	be	AUX
cjal-3321	395	14	to	to	PART
cjal-3321	395	15	protect	protect	VERB
cjal-3321	395	16	investors	investor	NOUN
cjal-3321	395	17	.	.	PUNCT
cjal-3321	395	18	0	0	PUNCT
cjal-3321	396	1	by	by	ADP
cjal-3321	396	2	contrast	contrast	NOUN
cjal-3321	396	3	,	,	PUNCT
cjal-3321	396	4	the	the	DET
cjal-3321	396	5	csrc	csrc	NOUN
cjal-3321	396	6	's	's	PART
cjal-3321	396	7	goal	goal	NOUN
cjal-3321	396	8	is	be	AUX
cjal-3321	396	9	to	to	PART
cjal-3321	396	10	faithfully	faithfully	ADV
cjal-3321	396	11	execute	execute	VERB
cjal-3321	396	12	orders	order	NOUN
cjal-3321	396	13	from	from	ADP
cjal-3321	396	14	the	the	DET
cjal-3321	396	15	state	state	NOUN
cjal-3321	396	16	council	council	PROPN
cjal-3321	396	17	.	.	PUNCT
cjal-3321	397	1	this	this	DET
cjal-3321	397	2	crucial	crucial	ADJ
cjal-3321	397	3	difference	difference	NOUN
cjal-3321	397	4	frames	frame	VERB
cjal-3321	397	5	the	the	DET
cjal-3321	397	6	csrc	csrc	NOUN
cjal-3321	397	7	's	's	PART
cjal-3321	397	8	unique	unique	ADJ
cjal-3321	397	9	regulatory	regulatory	ADJ
cjal-3321	397	10	philosophy	philosophy	NOUN
cjal-3321	397	11	.	.	PUNCT
cjal-3321	398	1	understanding	understand	VERB
cjal-3321	398	2	its	its	PRON
cjal-3321	398	3	government	government	NOUN
cjal-3321	398	4	-	-	PUNCT
cjal-3321	398	5	oriented	orient	VERB
cjal-3321	398	6	philosophy	philosophy	NOUN
cjal-3321	398	7	is	be	AUX
cjal-3321	398	8	an	an	DET
cjal-3321	398	9	integral	integral	ADJ
cjal-3321	398	10	part	part	NOUN
cjal-3321	398	11	of	of	ADP
cjal-3321	398	12	the	the	DET
cjal-3321	398	13	takeover	takeover	NOUN
cjal-3321	398	14	regulation	regulation	NOUN
cjal-3321	398	15	analysis	analysis	NOUN
cjal-3321	398	16	.	.	PUNCT
cjal-3321	399	1	b.	b.	PROPN
cjal-3321	399	2	the	the	DET
cjal-3321	399	3	philosophy	philosophy	NOUN
cjal-3321	399	4	of	of	ADP
cjal-3321	399	5	the	the	DET
cjal-3321	399	6	csrc	csrc	NOUN
cjal-3321	399	7	although	although	SCONJ
cjal-3321	399	8	the	the	DET
cjal-3321	399	9	csrc	csrc	NOUN
cjal-3321	399	10	has	have	AUX
cjal-3321	399	11	recently	recently	ADV
cjal-3321	399	12	begun	begin	VERB
cjal-3321	399	13	to	to	PART
cjal-3321	399	14	focus	focus	VERB
cjal-3321	399	15	on	on	ADP
cjal-3321	399	16	protecting	protect	VERB
cjal-3321	399	17	shareholder	shareholder	NOUN
cjal-3321	399	18	rights	right	NOUN
cjal-3321	399	19	,	,	PUNCT
cjal-3321	399	20	it	it	PRON
cjal-3321	399	21	is	be	AUX
cjal-3321	399	22	more	more	ADV
cjal-3321	399	23	appropriate	appropriate	ADJ
cjal-3321	399	24	to	to	PART
cjal-3321	399	25	interpret	interpret	VERB
cjal-3321	399	26	this	this	DET
cjal-3321	399	27	change	change	NOUN
cjal-3321	399	28	as	as	ADP
cjal-3321	399	29	a	a	DET
cjal-3321	399	30	reflection	reflection	NOUN
cjal-3321	399	31	of	of	ADP
cjal-3321	399	32	policy	policy	NOUN
cjal-3321	399	33	change	change	NOUN
cjal-3321	399	34	by	by	ADP
cjal-3321	399	35	the	the	DET
cjal-3321	399	36	state	state	PROPN
cjal-3321	399	37	council	council	PROPN
cjal-3321	399	38	rather	rather	ADV
cjal-3321	399	39	than	than	ADP
cjal-3321	399	40	the	the	DET
cjal-3321	399	41	csrc	csrc	NOUN
cjal-3321	399	42	.	.	PUNCT
cjal-3321	400	1	in	in	ADP
cjal-3321	400	2	recent	recent	ADJ
cjal-3321	400	3	years	year	NOUN
cjal-3321	400	4	,	,	PUNCT
cjal-3321	400	5	the	the	DET
cjal-3321	400	6	central	central	ADJ
cjal-3321	400	7	government	government	NOUN
cjal-3321	400	8	has	have	AUX
cjal-3321	400	9	become	become	VERB
cjal-3321	400	10	increasingly	increasingly	ADV
cjal-3321	400	11	concerned	concerned	ADJ
cjal-3321	400	12	about	about	ADP
cjal-3321	400	13	social	social	ADJ
cjal-3321	400	14	stability	stability	NOUN
cjal-3321	400	15	,	,	PUNCT
cjal-3321	400	16	integrity	integrity	NOUN
cjal-3321	400	17	,	,	PUNCT
cjal-3321	400	18	and	and	CCONJ
cjal-3321	400	19	its	its	PRON
cjal-3321	400	20	public	public	ADJ
cjal-3321	400	21	image	image	NOUN
cjal-3321	400	22	.	.	PUNCT
cjal-3321	401	1	the	the	DET
cjal-3321	401	2	ongoing	ongoing	ADJ
cjal-3321	401	3	political	political	ADJ
cjal-3321	401	4	discourse	discourse	NOUN
cjal-3321	401	5	on	on	ADP
cjal-3321	401	6	maintaining	maintain	VERB
cjal-3321	401	7	a	a	DET
cjal-3321	401	8	"	"	PUNCT
cjal-3321	401	9	harmonious	harmonious	ADJ
cjal-3321	401	10	society	society	NOUN
cjal-3321	401	11	"	"	PUNCT
cjal-3321	401	12	(	(	PUNCT
cjal-3321	401	13	ui	ui	NOUN
cjal-3321	401	14	i-	i-	X
cjal-3321	401	15	)	)	PUNCT
cjal-3321	401	16	(	(	PUNCT
cjal-3321	401	17	hexie	hexie	NOUN
cjal-3321	401	18	shehui	shehui	PROPN
cjal-3321	401	19	)	)	PUNCT
cjal-3321	401	20	implies	imply	VERB
cjal-3321	401	21	that	that	SCONJ
cjal-3321	401	22	it	it	PRON
cjal-3321	401	23	is	be	AUX
cjal-3321	401	24	in	in	ADP
cjal-3321	401	25	the	the	DET
cjal-3321	401	26	government	government	NOUN
cjal-3321	401	27	's	's	PART
cjal-3321	401	28	best	good	ADJ
cjal-3321	401	29	interests	interest	NOUN
cjal-3321	401	30	to	to	PART
cjal-3321	401	31	avoid	avoid	VERB
cjal-3321	401	32	confrontations	confrontation	NOUN
cjal-3321	401	33	with	with	ADP
cjal-3321	401	34	stockholders	stockholder	NOUN
cjal-3321	401	35	aggrieved	aggrieve	VERB
cjal-3321	401	36	by	by	ADP
cjal-3321	401	37	unscrupulous	unscrupulous	ADJ
cjal-3321	401	38	company	company	NOUN
cjal-3321	401	39	directors	director	NOUN
cjal-3321	401	40	and	and	CCONJ
cjal-3321	401	41	sluggish	sluggish	ADJ
cjal-3321	401	42	government	government	NOUN
cjal-3321	401	43	regulators	regulator	NOUN
cjal-3321	401	44	.	.	PUNCT
cjal-3321	402	1	9	9	NUM
cjal-3321	402	2	'	'	PUNCT
cjal-3321	402	3	the	the	DET
cjal-3321	402	4	state	state	NOUN
cjal-3321	402	5	council	council	PROPN
cjal-3321	402	6	has	have	AUX
cjal-3321	402	7	identified	identify	VERB
cjal-3321	402	8	the	the	DET
cjal-3321	402	9	protection	protection	NOUN
cjal-3321	402	10	of	of	ADP
cjal-3321	402	11	minority	minority	NOUN
cjal-3321	402	12	shareholders	shareholder	NOUN
cjal-3321	402	13	,	,	PUNCT
cjal-3321	402	14	deemed	deem	VERB
cjal-3321	402	15	a	a	DET
cjal-3321	402	16	socially	socially	ADV
cjal-3321	402	17	vulnerable	vulnerable	ADJ
cjal-3321	402	18	group	group	NOUN
cjal-3321	402	19	,	,	PUNCT
cjal-3321	402	20	as	as	ADP
cjal-3321	402	21	a	a	DET
cjal-3321	402	22	key	key	NOUN
cjal-3321	402	23	to	to	ADP
cjal-3321	402	24	social	social	ADJ
cjal-3321	402	25	stability	stability	NOUN
cjal-3321	402	26	and	and	CCONJ
cjal-3321	402	27	protection	protection	NOUN
cjal-3321	402	28	of	of	ADP
cjal-3321	402	29	state	state	NOUN
cjal-3321	402	30	assets	asset	NOUN
cjal-3321	402	31	.	.	PUNCT
cjal-3321	402	32	"	"	PUNCT
cjal-3321	403	1	accordingly	accordingly	ADV
cjal-3321	403	2	,	,	PUNCT
cjal-3321	403	3	the	the	DET
cjal-3321	403	4	csrc	csrc	NOUN
cjal-3321	403	5	has	have	AUX
cjal-3321	403	6	shifted	shift	VERB
cjal-3321	403	7	away	away	ADV
cjal-3321	403	8	from	from	ADP
cjal-3321	403	9	protecting	protect	VERB
cjal-3321	403	10	state	state	NOUN
cjal-3321	403	11	-	-	PUNCT
cjal-3321	403	12	owned	own	VERB
cjal-3321	403	13	assets	asset	NOUN
cjal-3321	403	14	and	and	CCONJ
cjal-3321	403	15	stimulating	stimulate	VERB
cjal-3321	403	16	macro	macro	ADJ
cjal-3321	403	17	-	-	ADJ
cjal-3321	403	18	economic	economic	ADJ
cjal-3321	403	19	growth	growth	NOUN
cjal-3321	403	20	to	to	ADP
cjal-3321	403	21	protecting	protect	VERB
cjal-3321	403	22	shareholder	shareholder	NOUN
cjal-3321	403	23	rights	right	NOUN
cjal-3321	403	24	.	.	PUNCT
cjal-3321	404	1	moreover	moreover	ADV
cjal-3321	404	2	,	,	PUNCT
cjal-3321	404	3	a	a	DET
cjal-3321	404	4	framework	framework	NOUN
cjal-3321	404	5	for	for	ADP
cjal-3321	404	6	protecting	protect	VERB
cjal-3321	404	7	state	state	NOUN
cjal-3321	404	8	assets	asset	NOUN
cjal-3321	404	9	has	have	AUX
cjal-3321	404	10	already	already	ADV
cjal-3321	404	11	been	be	AUX
cjal-3321	404	12	established	establish	VERB
cjal-3321	404	13	through	through	ADP
cjal-3321	404	14	a	a	DET
cjal-3321	404	15	strong	strong	ADJ
cjal-3321	404	16	supervision	supervision	NOUN
cjal-3321	404	17	system	system	NOUN
cjal-3321	404	18	.	.	PUNCT
cjal-3321	405	1	to	to	ADP
cjal-3321	405	2	a	a	DET
cjal-3321	405	3	great	great	ADJ
cjal-3321	405	4	extent	extent	NOUN
cjal-3321	405	5	,	,	PUNCT
cjal-3321	405	6	the	the	DET
cjal-3321	405	7	csrc	csrc	NOUN
cjal-3321	405	8	aligns	align	VERB
cjal-3321	405	9	itself	itself	PRON
cjal-3321	405	10	very	very	ADV
cjal-3321	405	11	closely	closely	ADV
cjal-3321	405	12	with	with	ADP
cjal-3321	405	13	the	the	DET
cjal-3321	405	14	state	state	NOUN
cjal-3321	405	15	council	council	NOUN
cjal-3321	405	16	's	's	PART
cjal-3321	405	17	policy.93	policy.93	NOUN
cjal-3321	405	18	this	this	DET
cjal-3321	405	19	government	government	NOUN
cjal-3321	405	20	-	-	PUNCT
cjal-3321	405	21	orientated	orientate	VERB
cjal-3321	405	22	philosophy	philosophy	NOUN
cjal-3321	405	23	of	of	ADP
cjal-3321	405	24	the	the	DET
cjal-3321	405	25	csrc	csrc	NOUN
cjal-3321	405	26	is	be	AUX
cjal-3321	405	27	also	also	ADV
cjal-3321	405	28	evident	evident	ADJ
cjal-3321	405	29	in	in	ADP
cjal-3321	405	30	takeover	takeover	NOUN
cjal-3321	405	31	regulations	regulation	NOUN
cjal-3321	405	32	.	.	PUNCT
cjal-3321	406	1	for	for	ADP
cjal-3321	406	2	example	example	NOUN
cjal-3321	406	3	,	,	PUNCT
cjal-3321	406	4	as	as	SCONJ
cjal-3321	406	5	discussed	discuss	VERB
cjal-3321	406	6	in	in	ADP
cjal-3321	406	7	part	part	NOUN
cjal-3321	406	8	i.a.i	i.a.i	ADJ
cjal-3321	406	9	,	,	PUNCT
cjal-3321	406	10	the	the	DET
cjal-3321	406	11	csrc	csrc	NOUN
cjal-3321	406	12	has	have	AUX
cjal-3321	406	13	imposed	impose	VERB
cjal-3321	406	14	disclosure	disclosure	NOUN
cjal-3321	406	15	requirements	requirement	NOUN
cjal-3321	406	16	on	on	ADP
cjal-3321	406	17	purchasers	purchaser	NOUN
cjal-3321	406	18	reaching	reach	VERB
cjal-3321	406	19	a	a	DET
cjal-3321	406	20	5	5	NUM
cjal-3321	406	21	%	%	NOUN
cjal-3321	406	22	ownership	ownership	NOUN
cjal-3321	406	23	threshold.94	threshold.94	NOUN
cjal-3321	406	24	this	this	DET
cjal-3321	406	25	requirement	requirement	NOUN
cjal-3321	406	26	is	be	AUX
cjal-3321	406	27	not	not	PART
cjal-3321	406	28	a	a	DET
cjal-3321	406	29	mere	mere	ADJ
cjal-3321	406	30	copy	copy	NOUN
cjal-3321	406	31	from	from	ADP
cjal-3321	406	32	western	western	ADJ
cjal-3321	406	33	countries	country	NOUN
cjal-3321	406	34	.	.	PUNCT
cjal-3321	407	1	in	in	ADP
cjal-3321	407	2	8	8	NUM
cjal-3321	407	3	'	'	PUNCT
cjal-3321	407	4	the	the	DET
cjal-3321	407	5	only	only	ADJ
cjal-3321	407	6	exception	exception	NOUN
cjal-3321	407	7	is	be	AUX
cjal-3321	407	8	the	the	DET
cjal-3321	407	9	second	second	ADJ
cjal-3321	407	10	csrc	csrc	NOUN
cjal-3321	407	11	chairman	chairman	NOUN
cjal-3321	407	12	,	,	PUNCT
cjal-3321	407	13	zhou	zhou	PROPN
cjal-3321	407	14	daojiong	daojiong	PROPN
cjal-3321	407	15	.	.	PUNCT
cjal-3321	408	1	he	he	PRON
cjal-3321	408	2	was	be	AUX
cjal-3321	408	3	a	a	DET
cjal-3321	408	4	highranking	highranking	NOUN
cjal-3321	408	5	official	official	NOUN
cjal-3321	408	6	in	in	ADP
cjal-3321	408	7	the	the	DET
cjal-3321	408	8	ministry	ministry	PROPN
cjal-3321	408	9	of	of	ADP
cjal-3321	408	10	finance	finance	PROPN
cjal-3321	408	11	and	and	CCONJ
cjal-3321	408	12	the	the	DET
cjal-3321	408	13	chairman	chairman	NOUN
cjal-3321	408	14	of	of	ADP
cjal-3321	408	15	the	the	DET
cjal-3321	408	16	supervisory	supervisory	ADJ
cjal-3321	408	17	board	board	NOUN
cjal-3321	408	18	of	of	ADP
cjal-3321	408	19	china	china	PROPN
cjal-3321	408	20	construction	construction	PROPN
cjal-3321	408	21	bank	bank	PROPN
cjal-3321	408	22	,	,	PUNCT
cjal-3321	408	23	one	one	NUM
cjal-3321	408	24	of	of	ADP
cjal-3321	408	25	the	the	DET
cjal-3321	408	26	largest	large	ADJ
cjal-3321	408	27	state	state	NOUN
cjal-3321	408	28	-	-	PUNCT
cjal-3321	408	29	owned	own	VERB
cjal-3321	408	30	banks	bank	NOUN
cjal-3321	408	31	in	in	ADP
cjal-3321	408	32	china	china	PROPN
cjal-3321	408	33	.	.	PUNCT
cjal-3321	409	1	90	90	NUM
cjal-3321	409	2	see	see	NOUN
cjal-3321	409	3	werner	werner	NOUN
cjal-3321	409	4	,	,	PUNCT
cjal-3321	409	5	supra	supra	PROPN
cjal-3321	409	6	note	note	PROPN
cjal-3321	409	7	8o	8o	NUM
cjal-3321	409	8	,	,	PUNCT
cjal-3321	409	9	at	at	ADP
cjal-3321	409	10	756	756	NUM
cjal-3321	409	11	.	.	PUNCT
cjal-3321	409	12	9	9	NUM
cjal-3321	409	13	,	,	PUNCT
cjal-3321	409	14	see	see	VERB
cjal-3321	409	15	fan	fan	NOUN
cjal-3321	409	16	,	,	PUNCT
cjal-3321	409	17	supra	supra	PROPN
cjal-3321	409	18	note	note	NOUN
cjal-3321	409	19	12	12	NUM
cjal-3321	409	20	.	.	PUNCT
cjal-3321	410	1	92	92	NUM
cjal-3321	410	2	shang	shang	PROPN
cjal-3321	410	3	fulin	fulin	PROPN
cjal-3321	410	4	,	,	PUNCT
cjal-3321	410	5	chairman	chairman	NOUN
cjal-3321	410	6	,	,	PUNCT
cjal-3321	410	7	csrc	csrc	NOUN
cjal-3321	410	8	,	,	PUNCT
cjal-3321	410	9	address	address	NOUN
cjal-3321	410	10	at	at	ADP
cjal-3321	410	11	the	the	DET
cjal-3321	410	12	seventh	seventh	ADJ
cjal-3321	410	13	session	session	NOUN
cjal-3321	410	14	of	of	ADP
cjal-3321	410	15	china	china	PROPN
cjal-3321	410	16	international	international	PROPN
cjal-3321	410	17	forum	forum	PROPN
cjal-3321	410	18	on	on	ADP
cjal-3321	410	19	securities	security	NOUN
cjal-3321	410	20	investment	investment	NOUN
cjal-3321	410	21	fund	fund	NOUN
cjal-3321	410	22	(	(	PUNCT
cjal-3321	410	23	dec	dec	PROPN
cjal-3321	410	24	.	.	PROPN
cjal-3321	410	25	2	2	NUM
cjal-3321	410	26	,	,	PUNCT
cjal-3321	410	27	2oo8	2oo8	NUM
cjal-3321	410	28	,	,	PUNCT
cjal-3321	410	29	9:12	9:12	NUM
cjal-3321	410	30	am	am	NOUN
cjal-3321	410	31	)	)	PUNCT
cjal-3321	410	32	,	,	PUNCT
cjal-3321	410	33	available	available	ADJ
cjal-3321	410	34	at	at	ADP
cjal-3321	410	35	http://	http://	PROPN
cjal-3321	410	36	finance.sina.com.cn/hy/2o812o2/o9125578555.shtml	finance.sina.com.cn/hy/2o812o2/o9125578555.shtml	PROPN
cjal-3321	410	37	.	.	PUNCT
cjal-3321	410	38	"	"	PUNCT
cjal-3321	411	1	see	see	VERB
cjal-3321	411	2	lu	lu	PROPN
cjal-3321	411	3	wendao	wendao	NOUN
cjal-3321	411	4	(	(	PUNCT
cjal-3321	411	5	.	.	PUNCT
cjal-3321	411	6	)	)	PUNCT
cjal-3321	411	7	,	,	PUNCT
cjal-3321	411	8	fai	fai	PROPN
cjal-3321	411	9	beihou	beihou	PROPN
cjal-3321	411	10	de	de	PROPN
cjal-3321	411	11	zhengjianhui	zhengjianhui	PROPN
cjal-3321	411	12	(	(	PUNCT
cjal-3321	411	13	i	i	PROPN
cjal-3321	411	14	fjiiki	fjiiki	PROPN
cjal-3321	411	15	)	)	PUNCT
cjal-3321	412	1	[	[	X
cjal-3321	412	2	the	the	DET
cjal-3321	412	3	csrc	csrc	NOUN
cjal-3321	412	4	behind	behind	ADP
cjal-3321	412	5	law	law	PROPN
cjal-3321	412	6	]	]	PUNCT
cjal-3321	412	7	,	,	PUNCT
cjal-3321	412	8	caijing	caije	VERB
cjal-3321	412	9	zhengfa	zhengfa	PROPN
cjal-3321	412	10	zixun	zixun	PROPN
cjal-3321	412	11	(	(	PUNCT
cjal-3321	412	12	0	0	NUM
cjal-3321	412	13	,	,	PUNCT
cjal-3321	412	14	;	;	PUNCT
cjal-3321	412	15	,	,	PUNCT
cjal-3321	412	16	i'l	i'l	ADP
cjal-3321	412	17	)	)	PUNCT
cjal-3321	413	1	[	[	X
cjal-3321	413	2	fin	fin	NOUN
cjal-3321	413	3	.	.	PUNCT
cjal-3321	413	4	&	&	CCONJ
cjal-3321	413	5	l.	l.	PROPN
cjal-3321	413	6	info	info	PROPN
cjal-3321	413	7	.	.	PUNCT
cjal-3321	414	1	]	]	X
cjal-3321	414	2	,	,	PUNCT
cjal-3321	414	3	no	no	INTJ
cjal-3321	414	4	.	.	NOUN
cjal-3321	414	5	2	2	NUM
cjal-3321	414	6	,	,	PUNCT
cjal-3321	414	7	2010	2010	NUM
cjal-3321	414	8	,	,	PUNCT
cjal-3321	414	9	at	at	ADP
cjal-3321	414	10	62	62	NUM
cjal-3321	414	11	.	.	PUNCT
cjal-3321	414	12	"	"	PUNCT
cjal-3321	414	13	see	see	VERB
cjal-3321	414	14	securities	security	NOUN
cjal-3321	414	15	law	law	NOUN
cjal-3321	414	16	(	(	PUNCT
cjal-3321	414	17	1998	1998	NUM
cjal-3321	414	18	)	)	PUNCT
cjal-3321	414	19	,	,	PUNCT
cjal-3321	414	20	supra	supra	PROPN
cjal-3321	414	21	note	note	VERB
cjal-3321	414	22	82	82	NUM
cjal-3321	414	23	,	,	PUNCT
cjal-3321	414	24	art	art	NOUN
cjal-3321	414	25	.	.	PUNCT
cjal-3321	415	1	41	41	NUM
cjal-3321	415	2	.	.	PUNCT
cjal-3321	416	1	columbia	columbia	PROPN
cjal-3321	416	2	journal	journal	PROPN
cjal-3321	416	3	of	of	ADP
cjal-3321	416	4	asian	asian	ADJ
cjal-3321	416	5	law	law	NOUN
cjal-3321	416	6	,	,	PUNCT
cjal-3321	416	7	vol	vol	NOUN
cjal-3321	416	8	.	.	PROPN
cjal-3321	416	9	25	25	NUM
cjal-3321	416	10	,	,	PUNCT
cjal-3321	416	11	no	no	INTJ
cjal-3321	416	12	.	.	NOUN
cjal-3321	416	13	2	2	NUM
cjal-3321	416	14	(	(	PUNCT
cjal-3321	416	15	2012)199	2012)199	NUM
cjal-3321	416	16	the	the	DET
cjal-3321	416	17	efficacy	efficacy	NOUN
cjal-3321	416	18	of	of	ADP
cjal-3321	416	19	chinese	chinese	ADJ
cjal-3321	416	20	takeover	takeover	NOUN
cjal-3321	416	21	laws	law	NOUN
cjal-3321	416	22	the	the	DET
cjal-3321	416	23	united	united	PROPN
cjal-3321	416	24	states	states	PROPN
cjal-3321	416	25	,	,	PUNCT
cjal-3321	416	26	although	although	SCONJ
cjal-3321	416	27	there	there	PRON
cjal-3321	416	28	is	be	VERB
cjal-3321	416	29	also	also	ADV
cjal-3321	416	30	a	a	DET
cjal-3321	416	31	5	5	NUM
cjal-3321	416	32	%	%	NOUN
cjal-3321	416	33	disclosure	disclosure	NOUN
cjal-3321	416	34	requirement	requirement	NOUN
cjal-3321	416	35	,	,	PUNCT
cjal-3321	416	36	the	the	DET
cjal-3321	416	37	disclosure	disclosure	NOUN
cjal-3321	416	38	usually	usually	ADV
cjal-3321	416	39	is	be	AUX
cjal-3321	416	40	accompanied	accompany	VERB
cjal-3321	416	41	by	by	ADP
cjal-3321	416	42	disclosure	disclosure	NOUN
cjal-3321	416	43	of	of	ADP
cjal-3321	416	44	whether	whether	SCONJ
cjal-3321	416	45	the	the	DET
cjal-3321	416	46	purchaser	purchaser	NOUN
cjal-3321	416	47	intends	intend	VERB
cjal-3321	416	48	to	to	PART
cjal-3321	416	49	launch	launch	VERB
cjal-3321	416	50	a	a	DET
cjal-3321	416	51	takeover	takeover	NOUN
cjal-3321	416	52	.	.	PUNCT
cjal-3321	417	1	5	5	NUM
cjal-3321	417	2	a	a	DET
cjal-3321	417	3	purchaser	purchaser	NOUN
cjal-3321	417	4	with	with	ADP
cjal-3321	417	5	such	such	ADJ
cjal-3321	417	6	intent	intent	NOUN
cjal-3321	417	7	is	be	AUX
cjal-3321	417	8	then	then	ADV
cjal-3321	417	9	required	require	VERB
cjal-3321	417	10	to	to	PART
cjal-3321	417	11	disclose	disclose	VERB
cjal-3321	417	12	future	future	ADJ
cjal-3321	417	13	restructuring	restructuring	NOUN
cjal-3321	417	14	plans	plan	NOUN
cjal-3321	417	15	after	after	ADP
cjal-3321	417	16	acquiring	acquire	VERB
cjal-3321	417	17	controlling	control	VERB
cjal-3321	417	18	rights	right	NOUN
cjal-3321	417	19	.	.	PUNCT
cjal-3321	418	1	96	96	NUM
cjal-3321	418	2	in	in	ADP
cjal-3321	418	3	contrast	contrast	NOUN
cjal-3321	418	4	,	,	PUNCT
cjal-3321	418	5	the	the	DET
cjal-3321	418	6	measures	measure	NOUN
cjal-3321	418	7	do	do	AUX
cjal-3321	418	8	not	not	PART
cjal-3321	418	9	contemplate	contemplate	VERB
cjal-3321	418	10	a	a	DET
cjal-3321	418	11	similar	similar	ADJ
cjal-3321	418	12	distinction	distinction	NOUN
cjal-3321	418	13	in	in	ADP
cjal-3321	418	14	purchaser	purchaser	NOUN
cjal-3321	418	15	intent	intent	NOUN
cjal-3321	418	16	.	.	PUNCT
cjal-3321	419	1	given	give	VERB
cjal-3321	419	2	the	the	DET
cjal-3321	419	3	extensive	extensive	ADJ
cjal-3321	419	4	literature	literature	NOUN
cjal-3321	419	5	on	on	ADP
cjal-3321	419	6	the	the	DET
cjal-3321	419	7	5	5	NUM
cjal-3321	419	8	%	%	NOUN
cjal-3321	419	9	rule	rule	NOUN
cjal-3321	419	10	in	in	ADP
cjal-3321	419	11	other	other	ADJ
cjal-3321	419	12	countries	country	NOUN
cjal-3321	419	13	,	,	PUNCT
cjal-3321	419	14	it	it	PRON
cjal-3321	419	15	is	be	AUX
cjal-3321	419	16	unlikely	unlikely	ADJ
cjal-3321	419	17	that	that	SCONJ
cjal-3321	419	18	the	the	DET
cjal-3321	419	19	csrc	csrc	NOUN
cjal-3321	419	20	has	have	AUX
cjal-3321	419	21	misunderstood	misunderstand	VERB
cjal-3321	419	22	how	how	SCONJ
cjal-3321	419	23	the	the	DET
cjal-3321	419	24	rule	rule	NOUN
cjal-3321	419	25	operates	operate	VERB
cjal-3321	419	26	in	in	ADP
cjal-3321	419	27	the	the	DET
cjal-3321	419	28	united	united	PROPN
cjal-3321	419	29	states	states	PROPN
cjal-3321	419	30	and	and	CCONJ
cjal-3321	419	31	other	other	ADJ
cjal-3321	419	32	jurisdictions	jurisdiction	NOUN
cjal-3321	419	33	due	due	ADP
cjal-3321	419	34	to	to	ADP
cjal-3321	419	35	language	language	NOUN
cjal-3321	419	36	and	and	CCONJ
cjal-3321	419	37	cultural	cultural	ADJ
cjal-3321	419	38	barriers	barrier	NOUN
cjal-3321	419	39	.	.	PUNCT
cjal-3321	420	1	it	it	PRON
cjal-3321	420	2	is	be	AUX
cjal-3321	420	3	more	more	ADV
cjal-3321	420	4	likely	likely	ADJ
cjal-3321	420	5	that	that	SCONJ
cjal-3321	420	6	the	the	DET
cjal-3321	420	7	csrc	csrc	NOUN
cjal-3321	420	8	has	have	AUX
cjal-3321	420	9	purposely	purposely	ADV
cjal-3321	420	10	omitted	omit	VERB
cjal-3321	420	11	such	such	ADJ
cjal-3321	420	12	distinction	distinction	NOUN
cjal-3321	420	13	.	.	PUNCT
cjal-3321	421	1	the	the	DET
cjal-3321	421	2	indiscriminate	indiscriminate	ADJ
cjal-3321	421	3	application	application	NOUN
cjal-3321	421	4	of	of	ADP
cjal-3321	421	5	the	the	DET
cjal-3321	421	6	disclosure	disclosure	NOUN
cjal-3321	421	7	obligations	obligation	NOUN
cjal-3321	421	8	not	not	PART
cjal-3321	421	9	only	only	ADV
cjal-3321	421	10	deters	deter	VERB
cjal-3321	421	11	purchasers	purchaser	NOUN
cjal-3321	421	12	who	who	PRON
cjal-3321	421	13	do	do	AUX
cjal-3321	421	14	not	not	PART
cjal-3321	421	15	have	have	VERB
cjal-3321	421	16	intent	intent	NOUN
cjal-3321	421	17	to	to	PART
cjal-3321	421	18	take	take	VERB
cjal-3321	421	19	over	over	ADP
cjal-3321	421	20	the	the	DET
cjal-3321	421	21	company	company	NOUN
cjal-3321	421	22	,	,	PUNCT
cjal-3321	421	23	but	but	CCONJ
cjal-3321	421	24	also	also	ADV
cjal-3321	421	25	reduces	reduce	VERB
cjal-3321	421	26	the	the	DET
cjal-3321	421	27	price	price	NOUN
cjal-3321	421	28	premium	premium	NOUN
cjal-3321	421	29	for	for	ADP
cjal-3321	421	30	bidders	bidder	NOUN
cjal-3321	421	31	by	by	ADP
cjal-3321	421	32	giving	give	VERB
cjal-3321	421	33	the	the	DET
cjal-3321	421	34	target	target	NOUN
cjal-3321	421	35	board	board	NOUN
cjal-3321	421	36	more	more	ADJ
cjal-3321	421	37	time	time	NOUN
cjal-3321	421	38	to	to	PART
cjal-3321	421	39	react	react	VERB
cjal-3321	421	40	.	.	PUNCT
cjal-3321	422	1	this	this	PRON
cjal-3321	422	2	helps	help	VERB
cjal-3321	422	3	the	the	DET
cjal-3321	422	4	market	market	NOUN
cjal-3321	422	5	and	and	CCONJ
cjal-3321	422	6	the	the	DET
cjal-3321	422	7	csrc	csrc	NOUN
cjal-3321	422	8	detect	detect	VERB
cjal-3321	422	9	the	the	DET
cjal-3321	422	10	occurrences	occurrence	NOUN
cjal-3321	422	11	of	of	ADP
cjal-3321	422	12	large	large	ADJ
cjal-3321	422	13	purchases	purchase	NOUN
cjal-3321	422	14	.	.	PUNCT
cjal-3321	423	1	in	in	ADP
cjal-3321	423	2	the	the	DET
cjal-3321	423	3	past	past	ADJ
cjal-3321	423	4	decade	decade	NOUN
cjal-3321	423	5	since	since	SCONJ
cjal-3321	423	6	it	it	PRON
cjal-3321	423	7	emerged	emerge	VERB
cjal-3321	423	8	from	from	ADP
cjal-3321	423	9	the	the	DET
cjal-3321	423	10	planned	plan	VERB
cjal-3321	423	11	economy	economy	NOUN
cjal-3321	423	12	system	system	NOUN
cjal-3321	423	13	,	,	PUNCT
cjal-3321	423	14	china	china	PROPN
cjal-3321	423	15	has	have	AUX
cjal-3321	423	16	struggled	struggle	VERB
cjal-3321	423	17	to	to	PART
cjal-3321	423	18	improve	improve	VERB
cjal-3321	423	19	efficiency	efficiency	NOUN
cjal-3321	423	20	in	in	ADP
cjal-3321	423	21	its	its	PRON
cjal-3321	423	22	market	market	NOUN
cjal-3321	423	23	economy.97	economy.97	NOUN
cjal-3321	423	24	inefficiency	inefficiency	NOUN
cjal-3321	423	25	stems	stem	NOUN
cjal-3321	423	26	mainly	mainly	ADV
cjal-3321	423	27	from	from	ADP
cjal-3321	423	28	the	the	DET
cjal-3321	423	29	large	large	ADJ
cjal-3321	423	30	volume	volume	NOUN
cjal-3321	423	31	of	of	ADP
cjal-3321	423	32	soes	soe	NOUN
cjal-3321	423	33	that	that	PRON
cjal-3321	423	34	are	be	AUX
cjal-3321	423	35	operated	operate	VERB
cjal-3321	423	36	without	without	ADP
cjal-3321	423	37	proper	proper	ADJ
cjal-3321	423	38	economic	economic	ADJ
cjal-3321	423	39	analysis	analysis	NOUN
cjal-3321	423	40	and	and	CCONJ
cjal-3321	423	41	market	market	NOUN
cjal-3321	423	42	study	study	NOUN
cjal-3321	423	43	.	.	PUNCT
cjal-3321	424	1	the	the	DET
cjal-3321	424	2	question	question	NOUN
cjal-3321	424	3	of	of	ADP
cjal-3321	424	4	how	how	SCONJ
cjal-3321	424	5	to	to	PART
cjal-3321	424	6	best	well	ADV
cjal-3321	424	7	restructure	restructure	VERB
cjal-3321	424	8	the	the	DET
cjal-3321	424	9	soe	soe	PROPN
cjal-3321	424	10	unitary	unitary	ADJ
cjal-3321	424	11	capital	capital	NOUN
cjal-3321	424	12	structure	structure	NOUN
cjal-3321	424	13	-	-	PUNCT
cjal-3321	424	14	i.e.	i.e.	ADV
cjal-3321	424	15	,	,	PUNCT
cjal-3321	424	16	determining	determine	VERB
cjal-3321	424	17	the	the	DET
cjal-3321	424	18	ownership	ownership	NOUN
cjal-3321	424	19	rights	right	NOUN
cjal-3321	424	20	of	of	ADP
cjal-3321	424	21	these	these	DET
cjal-3321	424	22	assets	asset	NOUN
cjal-3321	424	23	and	and	CCONJ
cjal-3321	424	24	their	their	PRON
cjal-3321	424	25	relationship	relationship	NOUN
cjal-3321	424	26	with	with	ADP
cjal-3321	424	27	the	the	DET
cjal-3321	424	28	government	government	NOUN
cjal-3321	424	29	-	-	PUNCT
cjal-3321	424	30	is	be	AUX
cjal-3321	424	31	still	still	ADV
cjal-3321	424	32	in	in	ADP
cjal-3321	424	33	debate	debate	NOUN
cjal-3321	424	34	.	.	PUNCT
cjal-3321	425	1	the	the	DET
cjal-3321	425	2	csrc	csrc	NOUN
cjal-3321	425	3	's	's	PART
cjal-3321	425	4	"	"	PUNCT
cjal-3321	425	5	uniform	uniform	ADJ
cjal-3321	425	6	disclosure	disclosure	NOUN
cjal-3321	425	7	"	"	PUNCT
cjal-3321	425	8	requirement	requirement	NOUN
cjal-3321	425	9	allows	allow	VERB
cjal-3321	425	10	the	the	DET
cjal-3321	425	11	government	government	NOUN
cjal-3321	425	12	more	more	ADJ
cjal-3321	425	13	time	time	NOUN
cjal-3321	425	14	to	to	PART
cjal-3321	425	15	devise	devise	VERB
cjal-3321	425	16	appropriate	appropriate	ADJ
cjal-3321	425	17	responses	response	NOUN
cjal-3321	425	18	to	to	ADP
cjal-3321	425	19	potential	potential	ADJ
cjal-3321	425	20	bidders	bidder	NOUN
cjal-3321	425	21	.	.	PUNCT
cjal-3321	426	1	this	this	PRON
cjal-3321	426	2	also	also	ADV
cjal-3321	426	3	explains	explain	VERB
cjal-3321	426	4	the	the	DET
cjal-3321	426	5	csrc	csrc	NOUN
cjal-3321	426	6	's	's	PART
cjal-3321	426	7	requirement	requirement	NOUN
cjal-3321	426	8	of	of	ADP
cjal-3321	426	9	a	a	DET
cjal-3321	426	10	two	two	NUM
cjal-3321	426	11	or	or	CCONJ
cjal-3321	426	12	three	three	NUM
cjal-3321	426	13	-	-	PUNCT
cjal-3321	426	14	day	day	NOUN
cjal-3321	426	15	"	"	PUNCT
cjal-3321	426	16	window	window	NOUN
cjal-3321	426	17	period	period	NOUN
cjal-3321	426	18	"	"	PUNCT
cjal-3321	426	19	after	after	ADP
cjal-3321	426	20	every	every	DET
cjal-3321	426	21	disclosure	disclosure	NOUN
cjal-3321	426	22	.	.	PUNCT
cjal-3321	427	1	the	the	DET
cjal-3321	427	2	"	"	PUNCT
cjal-3321	427	3	window	window	NOUN
cjal-3321	427	4	period	period	NOUN
cjal-3321	427	5	"	"	PUNCT
cjal-3321	427	6	seems	seem	VERB
cjal-3321	427	7	obsolete	obsolete	ADJ
cjal-3321	427	8	for	for	ADP
cjal-3321	427	9	any	any	DET
cjal-3321	427	10	information	information	NOUN
cjal-3321	427	11	disseminating	disseminate	VERB
cjal-3321	427	12	purpose	purpose	NOUN
cjal-3321	427	13	,	,	PUNCT
cjal-3321	427	14	in	in	ADP
cjal-3321	427	15	light	light	NOUN
cjal-3321	427	16	of	of	ADP
cjal-3321	427	17	modern	modern	ADJ
cjal-3321	427	18	communication	communication	NOUN
cjal-3321	427	19	technology	technology	NOUN
cjal-3321	427	20	.	.	PUNCT
cjal-3321	428	1	but	but	CCONJ
cjal-3321	428	2	once	once	SCONJ
cjal-3321	428	3	we	we	PRON
cjal-3321	428	4	recognize	recognize	VERB
cjal-3321	428	5	that	that	SCONJ
cjal-3321	428	6	the	the	DET
cjal-3321	428	7	csrc	csrc	NOUN
cjal-3321	428	8	's	's	PART
cjal-3321	428	9	goal	goal	NOUN
cjal-3321	428	10	is	be	AUX
cjal-3321	428	11	to	to	PART
cjal-3321	428	12	assist	assist	VERB
cjal-3321	428	13	soes	soe	NOUN
cjal-3321	428	14	in	in	ADP
cjal-3321	428	15	responding	respond	VERB
cjal-3321	428	16	to	to	ADP
cjal-3321	428	17	potential	potential	ADJ
cjal-3321	428	18	acquirers	acquirer	NOUN
cjal-3321	428	19	,	,	PUNCT
cjal-3321	428	20	it	it	PRON
cjal-3321	428	21	is	be	AUX
cjal-3321	428	22	apparent	apparent	ADJ
cjal-3321	428	23	that	that	SCONJ
cjal-3321	428	24	the	the	DET
cjal-3321	428	25	"	"	PUNCT
cjal-3321	428	26	window	window	NOUN
cjal-3321	428	27	period	period	NOUN
cjal-3321	428	28	"	"	PUNCT
cjal-3321	428	29	is	be	AUX
cjal-3321	428	30	in	in	ADP
cjal-3321	428	31	place	place	NOUN
cjal-3321	428	32	to	to	PART
cjal-3321	428	33	enable	enable	VERB
cjal-3321	428	34	listed	list	VERB
cjal-3321	428	35	soes	soe	NOUN
cjal-3321	428	36	to	to	PART
cjal-3321	428	37	go	go	VERB
cjal-3321	428	38	through	through	ADP
cjal-3321	428	39	the	the	DET
cjal-3321	428	40	administrative	administrative	ADJ
cjal-3321	428	41	hierarchy	hierarchy	NOUN
cjal-3321	428	42	and	and	CCONJ
cjal-3321	428	43	solicit	solicit	VERB
cjal-3321	428	44	instructions	instruction	NOUN
cjal-3321	428	45	from	from	ADP
cjal-3321	428	46	their	their	PRON
cjal-3321	428	47	superiors	superior	NOUN
cjal-3321	428	48	.	.	PUNCT
cjal-3321	429	1	the	the	DET
cjal-3321	429	2	exemption	exemption	NOUN
cjal-3321	429	3	from	from	ADP
cjal-3321	429	4	the	the	DET
cjal-3321	429	5	"	"	PUNCT
cjal-3321	429	6	mandatory	mandatory	ADJ
cjal-3321	429	7	bid	bid	NOUN
cjal-3321	429	8	"	"	PUNCT
cjal-3321	429	9	rule	rule	NOUN
cjal-3321	429	10	is	be	AUX
cjal-3321	429	11	another	another	DET
cjal-3321	429	12	good	good	ADJ
cjal-3321	429	13	example	example	NOUN
cjal-3321	429	14	of	of	ADP
cjal-3321	429	15	the	the	DET
cjal-3321	429	16	csrc	csrc	NOUN
cjal-3321	429	17	's	's	PART
cjal-3321	429	18	soe	soe	ADJ
cjal-3321	429	19	-	-	PUNCT
cjal-3321	429	20	friendly	friendly	ADJ
cjal-3321	429	21	approach	approach	NOUN
cjal-3321	429	22	.	.	PUNCT
cjal-3321	430	1	among	among	ADP
cjal-3321	430	2	the	the	DET
cjal-3321	430	3	enumerated	enumerate	VERB
cjal-3321	430	4	exemptible	exemptible	ADJ
cjal-3321	430	5	conditions	condition	NOUN
cjal-3321	430	6	,	,	PUNCT
cjal-3321	430	7	soes	soe	NOUN
cjal-3321	430	8	can	can	AUX
cjal-3321	430	9	buy	buy	VERB
cjal-3321	430	10	or	or	CCONJ
cjal-3321	430	11	hold	hold	VERB
cjal-3321	430	12	each	each	DET
cjal-3321	430	13	other	other	ADJ
cjal-3321	430	14	's	's	PART
cjal-3321	430	15	shares	share	NOUN
cjal-3321	430	16	without	without	ADP
cjal-3321	430	17	making	make	VERB
cjal-3321	430	18	a	a	DET
cjal-3321	430	19	unanimous	unanimous	ADJ
cjal-3321	430	20	offer	offer	NOUN
cjal-3321	430	21	,	,	PUNCT
cjal-3321	430	22	which	which	PRON
cjal-3321	430	23	helps	help	VERB
cjal-3321	430	24	soes	soe	NOUN
cjal-3321	430	25	gain	gain	VERB
cjal-3321	430	26	an	an	DET
cjal-3321	430	27	advantage	advantage	NOUN
cjal-3321	430	28	in	in	ADP
cjal-3321	430	29	the	the	DET
cjal-3321	430	30	market	market	NOUN
cjal-3321	430	31	when	when	SCONJ
cjal-3321	430	32	all	all	DET
cjal-3321	430	33	9517	9517	NUM
cjal-3321	430	34	c.f.r	c.f.r	NOUN
cjal-3321	430	35	.	.	PUNCT
cjal-3321	431	1	§	§	PROPN
cjal-3321	431	2	§	§	PROPN
cjal-3321	431	3	240.13d	240.13d	NOUN
cjal-3321	431	4	-	-	SYM
cjal-3321	431	5	i	i	PRON
cjal-3321	431	6	,	,	PUNCT
cjal-3321	431	7	13	13	NUM
cjal-3321	431	8	g	g	NOUN
cjal-3321	431	9	(	(	PUNCT
cjal-3321	431	10	2008	2008	NUM
cjal-3321	431	11	)	)	PUNCT
cjal-3321	431	12	.	.	PUNCT
cjal-3321	432	1	96	96	NUM
cjal-3321	433	1	i	i	PRON
cjal-3321	433	2	d.	d.	PROPN
cjal-3321	433	3	§	§	PROPN
cjal-3321	433	4	24	24	NUM
cjal-3321	433	5	0.13	0.13	NUM
cjal-3321	433	6	dt	dt	NOUN
cjal-3321	433	7	.	.	PROPN
cjal-3321	433	8	97	97	NUM
cjal-3321	433	9	see	see	VERB
cjal-3321	433	10	arnaldo	arnaldo	PROPN
cjal-3321	433	11	m.	m.	NOUN
cjal-3321	433	12	gonqalves	gonqalve	NOUN
cjal-3321	433	13	,	,	PUNCT
cjal-3321	433	14	china	china	PROPN
cjal-3321	433	15	's	's	PART
cjal-3321	433	16	swing	swing	NOUN
cjal-3321	433	17	from	from	ADP
cjal-3321	433	18	a	a	DET
cjal-3321	433	19	planned	plan	VERB
cjal-3321	433	20	soviet	soviet	ADJ
cjal-3321	433	21	-	-	PUNCT
cjal-3321	433	22	type	type	NOUN
cjal-3321	433	23	economy	economy	NOUN
cjal-3321	433	24	to	to	ADP
cjal-3321	433	25	an	an	DET
cjal-3321	433	26	ingenious	ingenious	ADJ
cjal-3321	433	27	socialist	socialist	ADJ
cjal-3321	433	28	market	market	NOUN
cjal-3321	433	29	economy	economy	NOUN
cjal-3321	433	30	:	:	PUNCT
cjal-3321	433	31	an	an	DET
cjal-3321	433	32	account	account	NOUN
cjal-3321	433	33	of	of	ADP
cjal-3321	433	34	50	50	NUM
cjal-3321	433	35	years	year	NOUN
cjal-3321	433	36	(	(	PUNCT
cjal-3321	433	37	centro	centro	PROPN
cjal-3321	433	38	argentina	argentina	PROPN
cjal-3321	433	39	de	de	PROPN
cjal-3321	433	40	estudios	estudios	X
cjal-3321	433	41	internacionales	internacionales	X
cjal-3321	433	42	[	[	X
cjal-3321	433	43	argentine	argentine	ADJ
cjal-3321	433	44	center	center	NOUN
cjal-3321	433	45	of	of	ADP
cjal-3321	433	46	international	international	ADJ
cjal-3321	433	47	studies	study	NOUN
cjal-3321	433	48	]	]	PUNCT
cjal-3321	433	49	,	,	PUNCT
cjal-3321	433	50	working	work	VERB
cjal-3321	433	51	paper	paper	NOUN
cjal-3321	433	52	no	no	INTJ
cjal-3321	433	53	.	.	PROPN
cjal-3321	433	54	19	19	NUM
cjal-3321	433	55	,	,	PUNCT
cjal-3321	433	56	2oo6	2oo6	NUM
cjal-3321	433	57	)	)	PUNCT
cjal-3321	433	58	,	,	PUNCT
cjal-3321	433	59	available	available	ADJ
cjal-3321	433	60	at	at	ADP
cjal-3321	433	61	http://www.caei.com.ar/es/programas/asia/19.pdf	http://www.caei.com.ar/es/programas/asia/19.pdf	NOUN
cjal-3321	433	62	(	(	PUNCT
cjal-3321	433	63	discussing	discuss	VERB
cjal-3321	433	64	details	detail	NOUN
cjal-3321	433	65	of	of	ADP
cjal-3321	433	66	transformation	transformation	NOUN
cjal-3321	433	67	from	from	ADP
cjal-3321	433	68	a	a	DET
cjal-3321	433	69	planned	plan	VERB
cjal-3321	433	70	economy	economy	NOUN
cjal-3321	433	71	to	to	ADP
cjal-3321	433	72	a	a	DET
cjal-3321	433	73	market	market	NOUN
cjal-3321	433	74	economy	economy	NOUN
cjal-3321	433	75	in	in	ADP
cjal-3321	433	76	china	china	PROPN
cjal-3321	433	77	)	)	PUNCT
cjal-3321	433	78	.	.	PUNCT
cjal-3321	434	1	"	"	PUNCT
cjal-3321	434	2	planned	planned	ADJ
cjal-3321	434	3	economy	economy	NOUN
cjal-3321	434	4	"	"	PUNCT
cjal-3321	434	5	is	be	AUX
cjal-3321	434	6	an	an	DET
cjal-3321	434	7	economic	economic	ADJ
cjal-3321	434	8	system	system	NOUN
cjal-3321	434	9	in	in	ADP
cjal-3321	434	10	which	which	PRON
cjal-3321	434	11	the	the	DET
cjal-3321	434	12	government	government	NOUN
cjal-3321	434	13	controls	control	VERB
cjal-3321	434	14	the	the	DET
cjal-3321	434	15	economy	economy	NOUN
cjal-3321	434	16	.	.	PUNCT
cjal-3321	435	1	its	its	PRON
cjal-3321	435	2	most	most	ADV
cjal-3321	435	3	extensive	extensive	ADJ
cjal-3321	435	4	form	form	NOUN
cjal-3321	435	5	is	be	AUX
cjal-3321	435	6	referred	refer	VERB
cjal-3321	435	7	to	to	ADP
cjal-3321	435	8	as	as	ADP
cjal-3321	435	9	a	a	DET
cjal-3321	435	10	"	"	PUNCT
cjal-3321	435	11	command	command	NOUN
cjal-3321	435	12	economy	economy	NOUN
cjal-3321	435	13	,	,	PUNCT
cjal-3321	435	14	"	"	PUNCT
cjal-3321	435	15	"	"	PUNCT
cjal-3321	435	16	centrally	centrally	ADV
cjal-3321	435	17	planned	plan	VERB
cjal-3321	435	18	economy	economy	NOUN
cjal-3321	435	19	,	,	PUNCT
cjal-3321	435	20	"	"	PUNCT
cjal-3321	435	21	or	or	CCONJ
cjal-3321	435	22	"	"	PUNCT
cjal-3321	435	23	command	command	NOUN
cjal-3321	435	24	and	and	CCONJ
cjal-3321	435	25	control	control	NOUN
cjal-3321	435	26	economy	economy	NOUN
cjal-3321	435	27	.	.	PUNCT
cjal-3321	435	28	"	"	PUNCT
cjal-3321	436	1	under	under	ADP
cjal-3321	436	2	such	such	DET
cjal-3321	436	3	a	a	DET
cjal-3321	436	4	system	system	NOUN
cjal-3321	436	5	,	,	PUNCT
cjal-3321	436	6	"	"	PUNCT
cjal-3321	436	7	resource	resource	NOUN
cjal-3321	436	8	prices	price	NOUN
cjal-3321	436	9	are	be	AUX
cjal-3321	436	10	in	in	ADP
cjal-3321	436	11	many	many	ADJ
cjal-3321	436	12	cases	case	NOUN
cjal-3321	436	13	distorted	distort	VERB
cjal-3321	436	14	,	,	PUNCT
cjal-3321	436	15	failing	fail	VERB
cjal-3321	436	16	to	to	PART
cjal-3321	436	17	reflect	reflect	VERB
cjal-3321	436	18	the	the	DET
cjal-3321	436	19	real	real	ADJ
cjal-3321	436	20	value	value	NOUN
cjal-3321	436	21	,	,	PUNCT
cjal-3321	436	22	as	as	SCONJ
cjal-3321	436	23	many	many	ADJ
cjal-3321	436	24	types	type	NOUN
cjal-3321	436	25	of	of	ADP
cjal-3321	436	26	resources	resource	NOUN
cjal-3321	436	27	are	be	AUX
cjal-3321	436	28	still	still	ADV
cjal-3321	436	29	priced	price	VERB
cjal-3321	436	30	by	by	ADP
cjal-3321	436	31	the	the	DET
cjal-3321	436	32	state	state	NOUN
cjal-3321	436	33	,	,	PUNCT
cjal-3321	436	34	operating	operate	VERB
cjal-3321	436	35	on	on	ADP
cjal-3321	436	36	the	the	DET
cjal-3321	436	37	inertia	inertia	NOUN
cjal-3321	436	38	of	of	ADP
cjal-3321	436	39	the	the	DET
cjal-3321	436	40	old	old	ADJ
cjal-3321	436	41	planned	planned	ADJ
cjal-3321	436	42	economy	economy	NOUN
cjal-3321	436	43	.	.	PUNCT
cjal-3321	436	44	"	"	PUNCT
cjal-3321	437	1	i	i	PRON
cjal-3321	437	2	d.	d.	PROPN
cjal-3321	437	3	at	at	ADP
cjal-3321	437	4	31	31	NUM
cjal-3321	437	5	.	.	PUNCT
cjal-3321	438	1	the	the	DET
cjal-3321	438	2	central	central	ADJ
cjal-3321	438	3	government	government	NOUN
cjal-3321	438	4	decides	decide	VERB
cjal-3321	438	5	what	what	PRON
cjal-3321	438	6	and	and	CCONJ
cjal-3321	438	7	how	how	SCONJ
cjal-3321	438	8	much	much	ADJ
cjal-3321	438	9	should	should	AUX
cjal-3321	438	10	be	be	AUX
cjal-3321	438	11	produced	produce	VERB
cjal-3321	438	12	.	.	PUNCT
cjal-3321	439	1	200	200	NUM
cjal-3321	439	2	columbia	columbia	PROPN
cjal-3321	439	3	journal	journal	PROPN
cjal-3321	439	4	ofasian	ofasian	ADJ
cjal-3321	439	5	law	law	NOUN
cjal-3321	439	6	,	,	PUNCT
cjal-3321	439	7	vol	vol	NOUN
cjal-3321	439	8	.	.	PROPN
cjal-3321	439	9	25	25	NUM
cjal-3321	439	10	,	,	PUNCT
cjal-3321	439	11	no	no	INTJ
cjal-3321	439	12	.	.	NOUN
cjal-3321	439	13	2	2	NUM
cjal-3321	439	14	(	(	PUNCT
cjal-3321	439	15	2012	2012	NUM
cjal-3321	439	16	)	)	PUNCT
cjal-3321	439	17	the	the	DET
cjal-3321	439	18	other	other	ADJ
cjal-3321	439	19	firms	firm	NOUN
cjal-3321	439	20	need	need	VERB
cjal-3321	439	21	to	to	PART
cjal-3321	439	22	follow	follow	VERB
cjal-3321	439	23	the	the	DET
cjal-3321	439	24	"	"	PUNCT
cjal-3321	439	25	mandatory	mandatory	ADJ
cjal-3321	439	26	bid	bid	NOUN
cjal-3321	439	27	"	"	PUNCT
cjal-3321	439	28	rule.98	rule.98	PROPN
cjal-3321	439	29	coincidently	coincidently	ADV
cjal-3321	439	30	,	,	PUNCT
cjal-3321	439	31	in	in	ADP
cjal-3321	439	32	recent	recent	ADJ
cjal-3321	439	33	large	large	ADJ
cjal-3321	439	34	soes	soe	NOUN
cjal-3321	439	35	'	'	PART
cjal-3321	439	36	delisting	delist	VERB
cjal-3321	439	37	events	event	NOUN
cjal-3321	439	38	,	,	PUNCT
cjal-3321	439	39	the	the	DET
cjal-3321	439	40	vague	vague	ADJ
cjal-3321	439	41	language	language	NOUN
cjal-3321	439	42	of	of	ADP
cjal-3321	439	43	squeeze	squeeze	NOUN
cjal-3321	439	44	-	-	PUNCT
cjal-3321	439	45	out	out	ADP
cjal-3321	439	46	rule	rule	NOUN
cjal-3321	439	47	has	have	AUX
cjal-3321	439	48	proven	prove	VERB
cjal-3321	439	49	to	to	PART
cjal-3321	439	50	be	be	AUX
cjal-3321	439	51	very	very	ADV
cjal-3321	439	52	helpful	helpful	ADJ
cjal-3321	439	53	to	to	PART
cjal-3321	439	54	soes.99	soes.99	VERB
cjal-3321	439	55	the	the	DET
cjal-3321	439	56	csrc	csrc	NOUN
cjal-3321	439	57	's	's	PART
cjal-3321	439	58	soe	soe	ADJ
cjal-3321	439	59	-	-	PUNCT
cjal-3321	439	60	friendly	friendly	ADJ
cjal-3321	439	61	approach	approach	NOUN
cjal-3321	439	62	,	,	PUNCT
cjal-3321	439	63	which	which	PRON
cjal-3321	439	64	makes	make	VERB
cjal-3321	439	65	the	the	DET
cjal-3321	439	66	government	government	NOUN
cjal-3321	439	67	both	both	CCONJ
cjal-3321	439	68	a	a	DET
cjal-3321	439	69	market	market	NOUN
cjal-3321	439	70	-	-	PUNCT
cjal-3321	439	71	player	player	NOUN
cjal-3321	439	72	and	and	CCONJ
cjal-3321	439	73	a	a	DET
cjal-3321	439	74	referee	referee	NOUN
cjal-3321	439	75	,	,	PUNCT
cjal-3321	439	76	has	have	AUX
cjal-3321	439	77	been	be	AUX
cjal-3321	439	78	widely	widely	ADV
cjal-3321	439	79	criticized	criticize	VERB
cjal-3321	439	80	.	.	PUNCT
cjal-3321	439	81	'	'	PUNCT
cjal-3321	440	1	°	°	NOUN
cjal-3321	440	2	°	°	NUM
cjal-3321	440	3	but	but	CCONJ
cjal-3321	440	4	given	give	VERB
cjal-3321	440	5	the	the	DET
cjal-3321	440	6	present	present	ADJ
cjal-3321	440	7	political	political	ADJ
cjal-3321	440	8	framework	framework	NOUN
cjal-3321	440	9	and	and	CCONJ
cjal-3321	440	10	the	the	DET
cjal-3321	440	11	csrc	csrc	NOUN
cjal-3321	440	12	's	's	PART
cjal-3321	440	13	ambivalent	ambivalent	ADJ
cjal-3321	440	14	legal	legal	ADJ
cjal-3321	440	15	existence,0	existence,0	NOUN
cjal-3321	440	16	'	'	PUNCT
cjal-3321	440	17	the	the	DET
cjal-3321	440	18	independence	independence	NOUN
cjal-3321	440	19	of	of	ADP
cjal-3321	440	20	the	the	DET
cjal-3321	440	21	csrc	csrc	NOUN
cjal-3321	440	22	probably	probably	ADV
cjal-3321	440	23	can	can	AUX
cjal-3321	440	24	not	not	PART
cjal-3321	440	25	be	be	AUX
cjal-3321	440	26	achieved	achieve	VERB
cjal-3321	440	27	overnight	overnight	ADV
cjal-3321	440	28	.	.	PUNCT
cjal-3321	440	29	'	'	PUNCT
cjal-3321	441	1	most	most	ADV
cjal-3321	441	2	important	important	ADJ
cjal-3321	441	3	of	of	ADP
cjal-3321	441	4	all	all	PRON
cjal-3321	441	5	,	,	PUNCT
cjal-3321	441	6	the	the	DET
cjal-3321	441	7	chinese	chinese	ADJ
cjal-3321	441	8	capital	capital	NOUN
cjal-3321	441	9	market	market	NOUN
cjal-3321	441	10	regulatory	regulatory	ADJ
cjal-3321	441	11	regime	regime	NOUN
cjal-3321	441	12	has	have	AUX
cjal-3321	441	13	become	become	VERB
cjal-3321	441	14	too	too	ADV
cjal-3321	441	15	accustomed	accustom	VERB
cjal-3321	441	16	-	-	PUNCT
cjal-3321	441	17	if	if	SCONJ
cjal-3321	441	18	not	not	PART
cjal-3321	441	19	addicted	addict	VERB
cjal-3321	441	20	-	-	PUNCT
cjal-3321	441	21	to	to	ADP
cjal-3321	441	22	relying	rely	VERB
cjal-3321	441	23	on	on	ADP
cjal-3321	441	24	administrative	administrative	ADJ
cjal-3321	441	25	regulation	regulation	NOUN
cjal-3321	441	26	.	.	PUNCT
cjal-3321	441	27	'	'	PUNCT
cjal-3321	442	1	3	3	NUM
cjal-3321	442	2	c.	c.	NOUN
cjal-3321	442	3	can	can	AUX
cjal-3321	442	4	the	the	DET
cjal-3321	442	5	csrc	csrc	NOUN
cjal-3321	442	6	change	change	VERB
cjal-3321	442	7	current	current	ADJ
cjal-3321	442	8	takeover	takeover	NOUN
cjal-3321	442	9	regulations	regulation	NOUN
cjal-3321	442	10	?	?	PUNCT
cjal-3321	443	1	before	before	SCONJ
cjal-3321	443	2	we	we	PRON
cjal-3321	443	3	evaluate	evaluate	VERB
cjal-3321	443	4	the	the	DET
cjal-3321	443	5	impact	impact	NOUN
cjal-3321	443	6	of	of	ADP
cjal-3321	443	7	current	current	ADJ
cjal-3321	443	8	takeover	takeover	NOUN
cjal-3321	443	9	regulations	regulation	NOUN
cjal-3321	443	10	on	on	ADP
cjal-3321	443	11	shareholder	shareholder	NOUN
cjal-3321	443	12	rights	right	NOUN
cjal-3321	443	13	and	and	CCONJ
cjal-3321	443	14	market	market	NOUN
cjal-3321	443	15	efficiency	efficiency	NOUN
cjal-3321	443	16	,	,	PUNCT
cjal-3321	443	17	it	it	PRON
cjal-3321	443	18	is	be	AUX
cjal-3321	443	19	important	important	ADJ
cjal-3321	443	20	to	to	PART
cjal-3321	443	21	address	address	VERB
cjal-3321	443	22	the	the	DET
cjal-3321	443	23	question	question	NOUN
cjal-3321	443	24	of	of	ADP
cjal-3321	443	25	whether	whether	SCONJ
cjal-3321	443	26	the	the	DET
cjal-3321	443	27	csrc	csrc	NOUN
cjal-3321	443	28	can	can	AUX
cjal-3321	443	29	change	change	VERB
cjal-3321	443	30	or	or	CCONJ
cjal-3321	443	31	redefine	redefine	VERB
cjal-3321	443	32	its	its	PRON
cjal-3321	443	33	regulatory	regulatory	ADJ
cjal-3321	443	34	approach	approach	NOUN
cjal-3321	443	35	.	.	PUNCT
cjal-3321	444	1	if	if	SCONJ
cjal-3321	444	2	it	it	PRON
cjal-3321	444	3	does	do	AUX
cjal-3321	444	4	not	not	PART
cjal-3321	444	5	have	have	VERB
cjal-3321	444	6	the	the	DET
cjal-3321	444	7	ability	ability	NOUN
cjal-3321	444	8	to	to	PART
cjal-3321	444	9	do	do	AUX
cjal-3321	444	10	so	so	ADV
cjal-3321	444	11	,	,	PUNCT
cjal-3321	444	12	it	it	PRON
cjal-3321	444	13	would	would	AUX
cjal-3321	444	14	be	be	AUX
cjal-3321	444	15	pointless	pointless	ADJ
cjal-3321	444	16	to	to	PART
cjal-3321	444	17	discuss	discuss	VERB
cjal-3321	444	18	the	the	DET
cjal-3321	444	19	issue	issue	NOUN
cjal-3321	444	20	any	any	PRON
cjal-3321	444	21	further	far	ADV
cjal-3321	444	22	.	.	PUNCT
cjal-3321	445	1	fortunately	fortunately	ADV
cjal-3321	445	2	,	,	PUNCT
cjal-3321	445	3	the	the	DET
cjal-3321	445	4	answer	answer	NOUN
cjal-3321	445	5	is	be	AUX
cjal-3321	445	6	yes	yes	ADV
cjal-3321	445	7	:	:	PUNCT
cjal-3321	445	8	the	the	DET
cjal-3321	445	9	csrc	csrc	NOUN
cjal-3321	445	10	does	do	AUX
cjal-3321	445	11	have	have	VERB
cjal-3321	445	12	the	the	DET
cjal-3321	445	13	power	power	NOUN
cjal-3321	445	14	to	to	PART
cjal-3321	445	15	change	change	VERB
cjal-3321	445	16	its	its	PRON
cjal-3321	445	17	approach	approach	NOUN
cjal-3321	445	18	.	.	PUNCT
cjal-3321	446	1	as	as	SCONJ
cjal-3321	446	2	discussed	discuss	VERB
cjal-3321	446	3	above	above	ADV
cjal-3321	446	4	,	,	PUNCT
cjal-3321	446	5	the	the	DET
cjal-3321	446	6	csrc	csrc	NOUN
cjal-3321	446	7	's	's	PART
cjal-3321	446	8	working	work	VERB
cjal-3321	446	9	philosophy	philosophy	NOUN
cjal-3321	446	10	piggybacks	piggyback	VERB
cjal-3321	446	11	on	on	ADP
cjal-3321	446	12	the	the	DET
cjal-3321	446	13	state	state	NOUN
cjal-3321	446	14	council	council	NOUN
cjal-3321	446	15	's	's	PART
cjal-3321	446	16	policy	policy	NOUN
cjal-3321	446	17	.	.	PUNCT
cjal-3321	447	1	if	if	SCONJ
cjal-3321	447	2	the	the	DET
cjal-3321	447	3	state	state	NOUN
cjal-3321	447	4	council	council	NOUN
cjal-3321	447	5	's	's	PART
cjal-3321	447	6	policy	policy	NOUN
cjal-3321	447	7	changes	change	NOUN
cjal-3321	447	8	course	course	NOUN
cjal-3321	447	9	,	,	PUNCT
cjal-3321	447	10	the	the	DET
cjal-3321	447	11	csrc	csrc	NOUN
cjal-3321	447	12	's	's	PART
cjal-3321	447	13	philosophy	philosophy	NOUN
cjal-3321	447	14	follows	follow	VERB
cjal-3321	447	15	accordingly	accordingly	ADV
cjal-3321	447	16	.	.	PUNCT
cjal-3321	448	1	for	for	ADP
cjal-3321	448	2	the	the	DET
cjal-3321	448	3	past	past	ADJ
cjal-3321	448	4	three	three	NUM
cjal-3321	448	5	decades	decade	NOUN
cjal-3321	448	6	of	of	ADP
cjal-3321	448	7	economic	economic	ADJ
cjal-3321	448	8	reform	reform	NOUN
cjal-3321	448	9	,	,	PUNCT
cjal-3321	448	10	the	the	DET
cjal-3321	448	11	state	state	NOUN
cjal-3321	448	12	council	council	PROPN
cjal-3321	448	13	has	have	AUX
cjal-3321	448	14	been	be	AUX
cjal-3321	448	15	restructuring	restructure	VERB
cjal-3321	448	16	soes	soe	NOUN
cjal-3321	448	17	and	and	CCONJ
cjal-3321	448	18	capital	capital	NOUN
cjal-3321	448	19	markets	market	NOUN
cjal-3321	448	20	.	.	PUNCT
cjal-3321	449	1	the	the	DET
cjal-3321	449	2	current	current	ADJ
cjal-3321	449	3	landscape	landscape	NOUN
cjal-3321	449	4	is	be	AUX
cjal-3321	449	5	far	far	ADV
cjal-3321	449	6	different	different	ADJ
cjal-3321	449	7	from	from	ADP
cjal-3321	449	8	1990	1990	NUM
cjal-3321	449	9	,	,	PUNCT
cjal-3321	449	10	when	when	SCONJ
cjal-3321	449	11	china	china	PROPN
cjal-3321	449	12	's	's	PART
cjal-3321	449	13	first	first	ADJ
cjal-3321	449	14	stock	stock	NOUN
cjal-3321	449	15	exchange	exchange	NOUN
cjal-3321	449	16	was	be	AUX
cjal-3321	449	17	launched	launch	VERB
cjal-3321	449	18	.	.	PUNCT
cjal-3321	450	1	most	most	ADJ
cjal-3321	450	2	soes	soe	NOUN
cjal-3321	450	3	in	in	ADP
cjal-3321	450	4	monopoly	monopoly	NOUN
cjal-3321	450	5	industries	industry	NOUN
cjal-3321	450	6	,	,	PUNCT
cjal-3321	450	7	such	such	ADJ
cjal-3321	450	8	as	as	ADP
cjal-3321	450	9	energy	energy	NOUN
cjal-3321	450	10	and	and	CCONJ
cjal-3321	450	11	telecommunications	telecommunication	NOUN
cjal-3321	450	12	,	,	PUNCT
cjal-3321	450	13	are	be	AUX
cjal-3321	450	14	now	now	ADV
cjal-3321	450	15	delisting	delist	VERB
cjal-3321	450	16	or	or	CCONJ
cjal-3321	450	17	reducing	reduce	VERB
cjal-3321	450	18	publicly	publicly	ADV
cjal-3321	450	19	traded	trade	VERB
cjal-3321	450	20	shares	share	NOUN
cjal-3321	450	21	from	from	ADP
cjal-3321	450	22	stock	stock	NOUN
cjal-3321	450	23	markets	market	NOUN
cjal-3321	450	24	to	to	PART
cjal-3321	450	25	maintain	maintain	VERB
cjal-3321	450	26	more	more	ADJ
cjal-3321	450	27	business	business	NOUN
cjal-3321	450	28	secrets	secret	NOUN
cjal-3321	450	29	and	and	CCONJ
cjal-3321	450	30	solidify	solidify	VERB
cjal-3321	450	31	state	state	NOUN
cjal-3321	450	32	control	control	NOUN
cjal-3321	450	33	.	.	PUNCT
cjal-3321	450	34	'	'	PUNCT
cjal-3321	451	1	4	4	NUM
cjal-3321	451	2	in	in	ADP
cjal-3321	451	3	addition	addition	NOUN
cjal-3321	451	4	,	,	PUNCT
cjal-3321	451	5	the	the	DET
cjal-3321	451	6	central	central	ADJ
cjal-3321	451	7	and	and	CCONJ
cjal-3321	451	8	local	local	ADJ
cjal-3321	451	9	governments	government	NOUN
cjal-3321	451	10	have	have	AUX
cjal-3321	451	11	become	become	VERB
cjal-3321	451	12	more	more	ADV
cjal-3321	451	13	sophisticated	sophisticated	ADJ
cjal-3321	451	14	in	in	ADP
cjal-3321	451	15	operating	operate	VERB
cjal-3321	451	16	state	state	NOUN
cjal-3321	451	17	assets	asset	NOUN
cjal-3321	451	18	and	and	CCONJ
cjal-3321	451	19	have	have	AUX
cjal-3321	451	20	come	come	VERB
cjal-3321	451	21	to	to	PART
cjal-3321	451	22	view	view	VERB
cjal-3321	451	23	market	market	NOUN
cjal-3321	451	24	98	98	NUM
cjal-3321	451	25	see	see	VERB
cjal-3321	451	26	measures	measure	NOUN
cjal-3321	451	27	for	for	ADP
cjal-3321	451	28	administration	administration	NOUN
cjal-3321	451	29	of	of	ADP
cjal-3321	451	30	takeovers	takeover	NOUN
cjal-3321	451	31	,	,	PUNCT
cjal-3321	451	32	supra	supra	PROPN
cjal-3321	451	33	note	note	NOUN
cjal-3321	451	34	6	6	NUM
cjal-3321	451	35	,	,	PUNCT
cjal-3321	451	36	art	art	NOUN
cjal-3321	451	37	.	.	PUNCT
cjal-3321	452	1	63	63	NUM
cjal-3321	452	2	.	.	X
cjal-3321	452	3	99	99	NUM
cjal-3321	452	4	li	li	PROPN
cjal-3321	452	5	rongrong	rongrong	PROPN
cjal-3321	452	6	(	(	PUNCT
cjal-3321	452	7	4	4	NUM
cjal-3321	452	8	)	)	PUNCT
cjal-3321	452	9	,	,	PUNCT
cjal-3321	452	10	daxing	daxe	VERB
cjal-3321	452	11	kunnan	kunnan	PROPN
cjal-3321	452	12	guoqi	guoqi	PROPN
cjal-3321	452	13	lizheng	lizheng	PROPN
cjal-3321	452	14	2008	2008	NUM
cjal-3321	452	15	nian	nian	ADJ
cjal-3321	452	16	quanbu	quanbu	NOUN
cjal-3321	452	17	tuishi	tuishi	PROPN
cjal-3321	452	18	(	(	PUNCT
cjal-3321	452	19	k	k	PROPN
cjal-3321	452	20	1	1	NUM
cjal-3321	452	21	[	[	PUNCT
cjal-3321	452	22	pntg	pntg	NOUN
cjal-3321	452	23	-j-+	-j-+	PROPN
cjal-3321	452	24	2008	2008	NUM
cjal-3321	452	25	:	:	PUNCT
cjal-3321	452	26	n	n	PRON
cjal-3321	452	27	ig11f	ig11f	X
cjal-3321	452	28	)	)	PUNCT
cjal-3321	453	1	[	[	X
cjal-3321	453	2	large	large	ADJ
cjal-3321	453	3	soes	soe	NOUN
cjal-3321	453	4	strive	strive	VERB
cjal-3321	453	5	to	to	PART
cjal-3321	453	6	delist	delist	VERB
cjal-3321	453	7	completely	completely	ADV
cjal-3321	453	8	by	by	ADP
cjal-3321	453	9	2oo81	2oo81	PROPN
cjal-3321	453	10	,	,	PUNCT
cjal-3321	453	11	zhenggong	zhenggong	NOUN
cjal-3321	453	12	yanjiu	yanjiu	PROPN
cjal-3321	453	13	dongtai	dongtai	PROPN
cjal-3321	453	14	(	(	PUNCT
cjal-3321	453	15	iat	iat	PROPN
cjal-3321	453	16	w	w	PROPN
cjal-3321	453	17	)	)	PUNCT
cjal-3321	454	1	[	[	X
cjal-3321	454	2	res	re	NOUN
cjal-3321	454	3	.	.	PUNCT
cjal-3321	455	1	on	on	ADP
cjal-3321	455	2	pol	pol	PROPN
cjal-3321	455	3	.	.	PUNCT
cjal-3321	456	1	bus	bus	PROPN
cjal-3321	456	2	.	.	PUNCT
cjal-3321	457	1	rep	rep	PROPN
cjal-3321	457	2	.	.	PROPN
cjal-3321	457	3	]	]	X
cjal-3321	457	4	,	,	PUNCT
cjal-3321	457	5	no	no	INTJ
cjal-3321	457	6	.	.	NOUN
cjal-3321	457	7	17	17	NUM
cjal-3321	457	8	,	,	PUNCT
cjal-3321	457	9	2005	2005	NUM
cjal-3321	457	10	,	,	PUNCT
cjal-3321	457	11	at	at	ADP
cjal-3321	457	12	i	i	PRON
cjal-3321	457	13	(	(	PUNCT
cjal-3321	457	14	discussing	discuss	VERB
cjal-3321	457	15	the	the	DET
cjal-3321	457	16	central	central	ADJ
cjal-3321	457	17	government	government	NOUN
cjal-3321	457	18	's	's	PART
cjal-3321	457	19	plan	plan	NOUN
cjal-3321	457	20	of	of	ADP
cjal-3321	457	21	delisting	delist	VERB
cjal-3321	457	22	big	big	ADJ
cjal-3321	457	23	soes	soe	NOUN
cjal-3321	457	24	)	)	PUNCT
cjal-3321	457	25	.	.	PUNCT
cjal-3321	458	1	see	see	VERB
cjal-3321	458	2	lu	lu	PROPN
cjal-3321	458	3	,	,	PUNCT
cjal-3321	458	4	supra	supra	PROPN
cjal-3321	458	5	note	note	PROPN
cjal-3321	458	6	93	93	NUM
cjal-3321	458	7	;	;	PUNCT
cjal-3321	458	8	zhang	zhang	PROPN
cjal-3321	458	9	,	,	PUNCT
cjal-3321	458	10	supra	supra	PROPN
cjal-3321	458	11	note	note	PROPN
cjal-3321	458	12	86	86	NUM
cjal-3321	458	13	.	.	PUNCT
cjal-3321	459	1	while	while	SCONJ
cjal-3321	459	2	the	the	DET
cjal-3321	459	3	csrc	csrc	NOUN
cjal-3321	459	4	plays	play	VERB
cjal-3321	459	5	the	the	DET
cjal-3321	459	6	de	de	ADJ
cjal-3321	459	7	-	-	ADJ
cjal-3321	459	8	facto	facto	ADJ
cjal-3321	459	9	role	role	NOUN
cjal-3321	459	10	of	of	ADP
cjal-3321	459	11	a	a	DET
cjal-3321	459	12	government	government	NOUN
cjal-3321	459	13	agency	agency	NOUN
cjal-3321	459	14	,	,	PUNCT
cjal-3321	459	15	there	there	PRON
cjal-3321	459	16	in	in	ADP
cjal-3321	459	17	fact	fact	NOUN
cjal-3321	459	18	is	be	AUX
cjal-3321	459	19	no	no	DET
cjal-3321	459	20	clear	clear	ADJ
cjal-3321	459	21	statutory	statutory	ADJ
cjal-3321	459	22	basis	basis	NOUN
cjal-3321	459	23	for	for	ADP
cjal-3321	459	24	its	its	PRON
cjal-3321	459	25	establishment	establishment	NOUN
cjal-3321	459	26	and	and	CCONJ
cjal-3321	459	27	operations	operation	NOUN
cjal-3321	459	28	.	.	PUNCT
cjal-3321	460	1	"	"	PUNCT
cjal-3321	460	2	0	0	NUM
cjal-3321	460	3	'	'	PUNCT
cjal-3321	460	4	wang	wang	PROPN
cjal-3321	460	5	jianwen	jianwen	NOUN
cjal-3321	460	6	(	(	PUNCT
cjal-3321	460	7	tli	tli	PROPN
cjal-3321	460	8	)	)	PUNCT
cjal-3321	460	9	,	,	PUNCT
cjal-3321	460	10	zhongguo	zhongguo	PROPN
cjal-3321	460	11	zhengjianhui	zhengjianhui	PROPN
cjal-3321	460	12	de	de	PROPN
cjal-3321	460	13	zhuti	zhuti	PROPN
cjal-3321	460	14	shuxing	shuxe	VERB
cjal-3321	460	15	yu	yu	PROPN
cjal-3321	460	16	zhineng	zhineng	PROPN
cjal-3321	460	17	dingwei	dingwei	PROPN
cjal-3321	460	18	:	:	PUNCT
cjal-3321	460	19	jiedu	jiedu	PROPN
cjal-3321	460	20	yu	yu	PROPN
cjal-3321	460	21	fansi	fansi	PROPN
cjal-3321	460	22	(	(	PUNCT
cjal-3321	460	23	+	+	ADV
cjal-3321	460	24	h41ffzmi	h41ffzmi	NOUN
cjal-3321	460	25	f.1	f.1	NOUN
cjal-3321	460	26	5	5	NUM
cjal-3321	460	27	.	.	PUNCT
cjal-3321	460	28	'	'	PUNCT
cjal-3321	460	29	,	,	PUNCT
cjal-3321	460	30	rl	rl	ADP
cjal-3321	460	31	:	:	PUNCT
cjal-3321	460	32	nit-4	nit-4	ADV
cjal-3321	460	33	wg	wg	PROPN
cjal-3321	460	34	)	)	PUNCT
cjal-3321	461	1	[	[	X
cjal-3321	461	2	analysis	analysis	NOUN
cjal-3321	461	3	of	of	ADP
cjal-3321	461	4	the	the	DET
cjal-3321	461	5	subject	subject	NOUN
cjal-3321	461	6	character	character	NOUN
cjal-3321	461	7	and	and	CCONJ
cjal-3321	461	8	functional	functional	ADJ
cjal-3321	461	9	position	position	NOUN
cjal-3321	461	10	of	of	ADP
cjal-3321	461	11	the	the	DET
cjal-3321	461	12	csrc	csrc	NOUN
cjal-3321	461	13	]	]	PUNCT
cjal-3321	461	14	,	,	PUNCT
cjal-3321	461	15	faxue	faxue	NOUN
cjal-3321	461	16	zazhi	zazhi	PROPN
cjal-3321	461	17	(	(	PUNCT
cjal-3321	461	18	i**l	i**l	NUM
cjal-3321	461	19	)	)	PUNCT
cjal-3321	462	1	[	[	X
cjal-3321	462	2	l.	l.	PROPN
cjal-3321	462	3	scl	scl	PROPN
cjal-3321	462	4	.	.	PUNCT
cjal-3321	463	1	mag	mag	PROPN
cjal-3321	463	2	.	.	PROPN
cjal-3321	464	1	]	]	X
cjal-3321	464	2	,	,	PUNCT
cjal-3321	464	3	no	no	INTJ
cjal-3321	464	4	.	.	PROPN
cjal-3321	464	5	12	12	NUM
cjal-3321	464	6	,	,	PUNCT
cjal-3321	464	7	2009	2009	NUM
cjal-3321	464	8	,	,	PUNCT
cjal-3321	464	9	at	at	ADP
cjal-3321	464	10	41	41	NUM
cjal-3321	464	11	.	.	PUNCT
cjal-3321	465	1	see	see	VERB
cjal-3321	465	2	also	also	ADV
cjal-3321	465	3	lu	lu	PROPN
cjal-3321	465	4	,	,	PUNCT
cjal-3321	465	5	supra	supra	PROPN
cjal-3321	465	6	note	note	PROPN
cjal-3321	465	7	93	93	NUM
cjal-3321	465	8	;	;	PUNCT
cjal-3321	465	9	kang	kang	PROPN
cjal-3321	465	10	,	,	PUNCT
cjal-3321	465	11	supra	supra	PROPN
cjal-3321	465	12	note	note	PROPN
cjal-3321	465	13	85	85	NUM
cjal-3321	465	14	.	.	SYM
cjal-3321	465	15	103	103	NUM
cjal-3321	465	16	wang	wang	PROPN
cjal-3321	465	17	,	,	PUNCT
cjal-3321	465	18	supra	supra	PROPN
cjal-3321	465	19	note	note	PROPN
cjal-3321	465	20	102	102	NUM
cjal-3321	465	21	,	,	PUNCT
cjal-3321	465	22	at	at	ADP
cjal-3321	465	23	41	41	NUM
cjal-3321	465	24	.	.	NOUN
cjal-3321	466	1	1	1	NUM
cjal-3321	466	2	04	04	NUM
cjal-3321	466	3	he	he	PRON
cjal-3321	466	4	shaoqi	shaoqi	VERB
cjal-3321	466	5	(	(	PUNCT
cjal-3321	466	6	tuichu	tuichu	PROPN
cjal-3321	466	7	fangshi	fangshi	PROPN
cjal-3321	466	8	buru	buru	PROPN
cjal-3321	466	9	tuichu	tuichu	PROPN
cjal-3321	466	10	gushi	gushi	PROPN
cjal-3321	466	11	(	(	PUNCT
cjal-3321	466	12	ildi	ildi	NOUN
cjal-3321	466	13	m	m	VERB
cjal-3321	467	1	[	[	X
cjal-3321	467	2	it	it	PRON
cjal-3321	467	3	is	be	AUX
cjal-3321	467	4	better	well	ADJ
cjal-3321	467	5	to	to	PART
cjal-3321	467	6	withdraw	withdraw	VERB
cjal-3321	467	7	from	from	ADP
cjal-3321	467	8	the	the	DET
cjal-3321	467	9	stock	stock	NOUN
cjal-3321	467	10	market	market	NOUN
cjal-3321	467	11	than	than	ADP
cjal-3321	467	12	from	from	ADP
cjal-3321	467	13	the	the	DET
cjal-3321	467	14	real	real	ADJ
cjal-3321	467	15	estate	estate	NOUN
cjal-3321	467	16	market	market	NOUN
cjal-3321	467	17	]	]	PUNCT
cjal-3321	467	18	,	,	PUNCT
cjal-3321	467	19	jingji	jingji	PROPN
cjal-3321	467	20	guancha	guancha	PROPN
cjal-3321	467	21	bao	bao	PROPN
cjal-3321	467	22	(	(	PUNCT
cjal-3321	467	23	0h	0h	PROPN
cjal-3321	467	24	)	)	PUNCT
cjal-3321	468	1	[	[	X
cjal-3321	468	2	econ	econ	X
cjal-3321	468	3	.	.	PUNCT
cjal-3321	468	4	observer	observer	PROPN
cjal-3321	468	5	]	]	X
cjal-3321	468	6	,	,	PUNCT
cjal-3321	468	7	apr	apr	PROPN
cjal-3321	468	8	.	.	PROPN
cjal-3321	468	9	12	12	NUM
cjal-3321	468	10	,	,	PUNCT
cjal-3321	468	11	2on	2on	NOUN
cjal-3321	468	12	at	at	ADP
cjal-3321	468	13	43	43	NUM
cjal-3321	468	14	.	.	PUNCT
cjal-3321	469	1	the	the	DET
cjal-3321	469	2	efficacy	efficacy	NOUN
cjal-3321	469	3	of	of	ADP
cjal-3321	469	4	chinese	chinese	ADJ
cjal-3321	469	5	takeover	takeover	NOUN
cjal-3321	469	6	laws	law	NOUN
cjal-3321	469	7	202	202	NUM
cjal-3321	469	8	competition	competition	NOUN
cjal-3321	469	9	rather	rather	ADV
cjal-3321	469	10	than	than	ADP
cjal-3321	469	11	administrative	administrative	ADJ
cjal-3321	469	12	interference	interference	NOUN
cjal-3321	469	13	as	as	ADP
cjal-3321	469	14	the	the	DET
cjal-3321	469	15	promoting	promote	VERB
cjal-3321	469	16	force	force	NOUN
cjal-3321	469	17	for	for	ADP
cjal-3321	469	18	the	the	DET
cjal-3321	469	19	competitiveness	competitiveness	NOUN
cjal-3321	469	20	of	of	ADP
cjal-3321	469	21	soes	soe	NOUN
cjal-3321	469	22	.	.	PUNCT
cjal-3321	469	23	'	'	PUNCT
cjal-3321	470	1	°	°	PROPN
cjal-3321	470	2	s	s	VERB
cjal-3321	470	3	the	the	DET
cjal-3321	470	4	state	state	NOUN
cjal-3321	470	5	has	have	AUX
cjal-3321	470	6	hence	hence	ADV
cjal-3321	470	7	increasingly	increasingly	ADV
cjal-3321	470	8	taken	take	VERB
cjal-3321	470	9	on	on	ADP
cjal-3321	470	10	the	the	DET
cjal-3321	470	11	role	role	NOUN
cjal-3321	470	12	of	of	ADP
cjal-3321	470	13	a	a	DET
cjal-3321	470	14	gatekeeper	gatekeeper	NOUN
cjal-3321	470	15	rather	rather	ADV
cjal-3321	470	16	than	than	ADP
cjal-3321	470	17	an	an	DET
cjal-3321	470	18	active	active	ADJ
cjal-3321	470	19	market	market	NOUN
cjal-3321	470	20	player	player	NOUN
cjal-3321	470	21	.	.	PUNCT
cjal-3321	471	1	the	the	DET
cjal-3321	471	2	widening	widen	VERB
cjal-3321	471	3	wealth	wealth	NOUN
cjal-3321	471	4	gap	gap	NOUN
cjal-3321	471	5	and	and	CCONJ
cjal-3321	471	6	the	the	DET
cjal-3321	471	7	need	need	NOUN
cjal-3321	471	8	to	to	PART
cjal-3321	471	9	mediate	mediate	VERB
cjal-3321	471	10	its	its	PRON
cjal-3321	471	11	relationship	relationship	NOUN
cjal-3321	471	12	with	with	ADP
cjal-3321	471	13	the	the	DET
cjal-3321	471	14	public	public	NOUN
cjal-3321	471	15	have	have	AUX
cjal-3321	471	16	also	also	ADV
cjal-3321	471	17	made	make	VERB
cjal-3321	471	18	the	the	DET
cjal-3321	471	19	creation	creation	NOUN
cjal-3321	471	20	of	of	ADP
cjal-3321	471	21	a	a	DET
cjal-3321	471	22	fair	fair	ADJ
cjal-3321	471	23	competitive	competitive	ADJ
cjal-3321	471	24	environment	environment	NOUN
cjal-3321	471	25	a	a	DET
cjal-3321	471	26	political	political	ADJ
cjal-3321	471	27	imperative	imperative	NOUN
cjal-3321	471	28	for	for	ADP
cjal-3321	471	29	the	the	DET
cjal-3321	471	30	government	government	NOUN
cjal-3321	471	31	.	.	PUNCT
cjal-3321	472	1	as	as	ADP
cjal-3321	472	2	a	a	DET
cjal-3321	472	3	recent	recent	ADJ
cjal-3321	472	4	remark	remark	NOUN
cjal-3321	472	5	by	by	ADP
cjal-3321	472	6	the	the	DET
cjal-3321	472	7	chairman	chairman	NOUN
cjal-3321	472	8	of	of	ADP
cjal-3321	472	9	the	the	DET
cjal-3321	472	10	csrc	csrc	NOUN
cjal-3321	472	11	showed	show	VERB
cjal-3321	472	12	,	,	PUNCT
cjal-3321	472	13	concerns	concern	NOUN
cjal-3321	472	14	over	over	ADP
cjal-3321	472	15	maintaining	maintain	VERB
cjal-3321	472	16	a	a	DET
cjal-3321	472	17	fair	fair	ADJ
cjal-3321	472	18	market	market	NOUN
cjal-3321	472	19	have	have	AUX
cjal-3321	472	20	also	also	ADV
cjal-3321	472	21	been	be	AUX
cjal-3321	472	22	recognized	recognize	VERB
cjal-3321	472	23	by	by	ADP
cjal-3321	472	24	the	the	DET
cjal-3321	472	25	csrc	csrc	NOUN
cjal-3321	472	26	.	.	PUNCT
cjal-3321	472	27	'	'	PUNCT
cjal-3321	473	1	°	°	ADP
cjal-3321	473	2	6	6	NUM
cjal-3321	473	3	the	the	DET
cjal-3321	473	4	csrc	csrc	NOUN
cjal-3321	473	5	has	have	AUX
cjal-3321	473	6	recently	recently	ADV
cjal-3321	473	7	modified	modify	VERB
cjal-3321	473	8	regulations	regulation	NOUN
cjal-3321	473	9	to	to	PART
cjal-3321	473	10	include	include	VERB
cjal-3321	473	11	more	more	ADV
cjal-3321	473	12	reasonable	reasonable	ADJ
cjal-3321	473	13	and	and	CCONJ
cjal-3321	473	14	fairer	fair	ADJ
cjal-3321	473	15	game	game	NOUN
cjal-3321	473	16	rules	rule	NOUN
cjal-3321	473	17	,	,	PUNCT
cjal-3321	473	18	such	such	ADJ
cjal-3321	473	19	as	as	ADP
cjal-3321	473	20	removing	remove	VERB
cjal-3321	473	21	the	the	DET
cjal-3321	473	22	mandatory	mandatory	ADJ
cjal-3321	473	23	bid	bid	NOUN
cjal-3321	473	24	rule	rule	NOUN
cjal-3321	473	25	exemption	exemption	NOUN
cjal-3321	473	26	for	for	ADP
cjal-3321	473	27	listed	list	VERB
cjal-3321	473	28	soes.0	soes.0	PROPN
cjal-3321	473	29	7	7	NUM
cjal-3321	473	30	if	if	SCONJ
cjal-3321	473	31	the	the	DET
cjal-3321	473	32	existing	exist	VERB
cjal-3321	473	33	rules	rule	NOUN
cjal-3321	473	34	are	be	AUX
cjal-3321	473	35	inefficient	inefficient	ADJ
cjal-3321	473	36	and	and	CCONJ
cjal-3321	473	37	unfair	unfair	ADJ
cjal-3321	473	38	and	and	CCONJ
cjal-3321	473	39	can	can	AUX
cjal-3321	473	40	not	not	PART
cjal-3321	473	41	maximize	maximize	VERB
cjal-3321	473	42	value	value	NOUN
cjal-3321	473	43	for	for	ADP
cjal-3321	473	44	shareholders	shareholder	NOUN
cjal-3321	473	45	as	as	ADP
cjal-3321	473	46	a	a	DET
cjal-3321	473	47	whole	whole	NOUN
cjal-3321	473	48	,	,	PUNCT
cjal-3321	473	49	it	it	PRON
cjal-3321	473	50	is	be	AUX
cjal-3321	473	51	in	in	ADP
cjal-3321	473	52	the	the	DET
cjal-3321	473	53	interest	interest	NOUN
cjal-3321	473	54	of	of	ADP
cjal-3321	473	55	the	the	DET
cjal-3321	473	56	csrc	csrc	NOUN
cjal-3321	473	57	to	to	PART
cjal-3321	473	58	promptly	promptly	ADV
cjal-3321	473	59	revise	revise	VERB
cjal-3321	473	60	them	they	PRON
cjal-3321	473	61	.	.	PUNCT
cjal-3321	474	1	iii	iii	X
cjal-3321	474	2	.	.	PUNCT
cjal-3321	474	3	market	market	NOUN
cjal-3321	474	4	impact	impact	NOUN
cjal-3321	474	5	of	of	ADP
cjal-3321	474	6	current	current	ADJ
cjal-3321	474	7	takeover	takeover	NOUN
cjal-3321	474	8	regulations	regulation	NOUN
cjal-3321	474	9	a.	a.	NOUN
cjal-3321	474	10	does	do	AUX
cjal-3321	474	11	management	management	NOUN
cjal-3321	474	12	consider	consider	VERB
cjal-3321	474	13	more	more	ADJ
cjal-3321	474	14	for	for	ADP
cjal-3321	474	15	stakeholders	stakeholder	NOUN
cjal-3321	474	16	?	?	PUNCT
cjal-3321	475	1	the	the	DET
cjal-3321	475	2	sine	sine	NOUN
cjal-3321	475	3	-qua	-qua	DET
cjal-3321	475	4	non	non	X
cjal-3321	475	5	of	of	ADP
cjal-3321	475	6	maximizing	maximize	VERB
cjal-3321	475	7	shareholder	shareholder	NOUN
cjal-3321	475	8	value	value	NOUN
cjal-3321	475	9	in	in	ADP
cjal-3321	475	10	takeovers	takeover	NOUN
cjal-3321	475	11	is	be	AUX
cjal-3321	475	12	that	that	DET
cjal-3321	475	13	senior	senior	ADJ
cjal-3321	475	14	management	management	NOUN
cjal-3321	475	15	,	,	PUNCT
cjal-3321	475	16	in	in	ADP
cjal-3321	475	17	evaluating	evaluate	VERB
cjal-3321	475	18	the	the	DET
cjal-3321	475	19	takeover	takeover	NOUN
cjal-3321	475	20	deal	deal	NOUN
cjal-3321	475	21	,	,	PUNCT
cjal-3321	475	22	consider	consider	VERB
cjal-3321	475	23	shareholders	shareholder	NOUN
cjal-3321	475	24	'	'	PART
cjal-3321	475	25	interests	interest	NOUN
cjal-3321	475	26	loyally	loyally	ADV
cjal-3321	475	27	and	and	CCONJ
cjal-3321	475	28	responsibly	responsibly	ADV
cjal-3321	475	29	instead	instead	ADV
cjal-3321	475	30	of	of	ADP
cjal-3321	475	31	their	their	PRON
cjal-3321	475	32	own	own	ADJ
cjal-3321	475	33	.	.	PUNCT
cjal-3321	476	1	in	in	ADP
cjal-3321	476	2	practice	practice	NOUN
cjal-3321	476	3	,	,	PUNCT
cjal-3321	476	4	however	however	ADV
cjal-3321	476	5	,	,	PUNCT
cjal-3321	476	6	very	very	ADV
cjal-3321	476	7	few	few	ADJ
cjal-3321	476	8	mechanisms	mechanism	NOUN
cjal-3321	476	9	can	can	AUX
cjal-3321	476	10	ensure	ensure	VERB
cjal-3321	476	11	this	this	PRON
cjal-3321	476	12	.	.	PUNCT
cjal-3321	477	1	in	in	ADP
cjal-3321	477	2	control	control	NOUN
cjal-3321	477	3	transactions	transaction	NOUN
cjal-3321	477	4	,	,	PUNCT
cjal-3321	477	5	ordinary	ordinary	ADJ
cjal-3321	477	6	corporate	corporate	ADJ
cjal-3321	477	7	governance	governance	NOUN
cjal-3321	477	8	measures	measure	NOUN
cjal-3321	477	9	such	such	ADJ
cjal-3321	477	10	as	as	ADP
cjal-3321	477	11	stock	stock	NOUN
cjal-3321	477	12	options	option	NOUN
cjal-3321	477	13	are	be	AUX
cjal-3321	477	14	no	no	ADV
cjal-3321	477	15	longer	long	ADV
cjal-3321	477	16	effective	effective	ADJ
cjal-3321	477	17	in	in	ADP
cjal-3321	477	18	aligning	align	VERB
cjal-3321	477	19	management	management	NOUN
cjal-3321	477	20	's	's	PART
cjal-3321	477	21	interests	interest	NOUN
cjal-3321	477	22	with	with	ADP
cjal-3321	477	23	those	those	PRON
cjal-3321	477	24	of	of	ADP
cjal-3321	477	25	the	the	DET
cjal-3321	477	26	shareholders	shareholder	NOUN
cjal-3321	477	27	,	,	PUNCT
cjal-3321	477	28	as	as	SCONJ
cjal-3321	477	29	the	the	DET
cjal-3321	477	30	onetime	onetime	ADJ
cjal-3321	477	31	transaction	transaction	NOUN
cjal-3321	477	32	may	may	AUX
cjal-3321	477	33	terminate	terminate	VERB
cjal-3321	477	34	the	the	DET
cjal-3321	477	35	management	management	NOUN
cjal-3321	477	36	's	's	PART
cjal-3321	477	37	employment	employment	NOUN
cjal-3321	477	38	and	and	CCONJ
cjal-3321	477	39	render	render	VERB
cjal-3321	477	40	post	post	ADJ
cjal-3321	477	41	-	-	ADJ
cjal-3321	477	42	takeover	takeover	ADJ
cjal-3321	477	43	incentives	incentive	NOUN
cjal-3321	477	44	insignificant	insignificant	ADJ
cjal-3321	477	45	.	.	PUNCT
cjal-3321	478	1	ad	ad	PROPN
cjal-3321	478	2	hoc	hoc	X
cjal-3321	478	3	means	mean	NOUN
cjal-3321	478	4	purporting	purport	VERB
cjal-3321	478	5	to	to	PART
cjal-3321	478	6	alleviate	alleviate	VERB
cjal-3321	478	7	agency	agency	NOUN
cjal-3321	478	8	problems	problem	NOUN
cjal-3321	478	9	in	in	ADP
cjal-3321	478	10	takeovers	takeover	NOUN
cjal-3321	478	11	,	,	PUNCT
cjal-3321	478	12	such	such	ADJ
cjal-3321	478	13	as	as	ADP
cjal-3321	478	14	golden	golden	ADJ
cjal-3321	478	15	parachutes	parachute	NOUN
cjal-3321	478	16	,	,	PUNCT
cjal-3321	478	17	have	have	AUX
cjal-3321	478	18	also	also	ADV
cjal-3321	478	19	proven	prove	VERB
cjal-3321	478	20	to	to	PART
cjal-3321	478	21	be	be	AUX
cjal-3321	478	22	problematic	problematic	ADJ
cjal-3321	478	23	.	.	PUNCT
cjal-3321	479	1	,	,	PUNCT
cjal-3321	479	2	8	8	NUM
cjal-3321	479	3	when	when	SCONJ
cjal-3321	479	4	the	the	DET
cjal-3321	479	5	"	"	PUNCT
cjal-3321	479	6	carrot	carrot	NOUN
cjal-3321	479	7	policy	policy	NOUN
cjal-3321	479	8	"	"	PUNCT
cjal-3321	479	9	is	be	AUX
cjal-3321	479	10	not	not	PART
cjal-3321	479	11	effective	effective	ADJ
cjal-3321	479	12	,	,	PUNCT
cjal-3321	479	13	the	the	DET
cjal-3321	479	14	"	"	PUNCT
cjal-3321	479	15	stick	stick	NOUN
cjal-3321	479	16	policy	policy	NOUN
cjal-3321	479	17	"	"	PUNCT
cjal-3321	479	18	becomes	become	VERB
cjal-3321	479	19	the	the	DET
cjal-3321	479	20	last	last	ADJ
cjal-3321	479	21	straw	straw	NOUN
cjal-3321	479	22	that	that	PRON
cjal-3321	479	23	shareholders	shareholder	NOUN
cjal-3321	479	24	can	can	AUX
cjal-3321	479	25	count	count	VERB
cjal-3321	479	26	on	on	ADP
cjal-3321	479	27	.	.	PUNCT
cjal-3321	480	1	the	the	DET
cjal-3321	480	2	imposition	imposition	NOUN
cjal-3321	480	3	of	of	ADP
cjal-3321	480	4	fiduciary	fiduciary	ADJ
cjal-3321	480	5	duties	duty	NOUN
cjal-3321	480	6	on	on	ADP
cjal-3321	480	7	senior	senior	ADJ
cjal-3321	480	8	management	management	NOUN
cjal-3321	480	9	is	be	AUX
cjal-3321	480	10	crucial	crucial	ADJ
cjal-3321	480	11	for	for	ADP
cjal-3321	480	12	ensuring	ensure	VERB
cjal-3321	480	13	its	its	PRON
cjal-3321	480	14	loyalty	loyalty	NOUN
cjal-3321	480	15	.	.	PUNCT
cjal-3321	481	1	but	but	CCONJ
cjal-3321	481	2	while	while	SCONJ
cjal-3321	481	3	the	the	DET
cjal-3321	481	4	chinese	chinese	ADJ
cjal-3321	481	5	legislature	legislature	NOUN
cjal-3321	481	6	has	have	AUX
cjal-3321	481	7	introduced	introduce	VERB
cjal-3321	481	8	this	this	DET
cjal-3321	481	9	principle	principle	NOUN
cjal-3321	481	10	on	on	ADP
cjal-3321	481	11	the	the	DET
cjal-3321	481	12	books	book	NOUN
cjal-3321	481	13	,	,	PUNCT
cjal-3321	481	14	its	its	PRON
cjal-3321	481	15	enforcement	enforcement	NOUN
cjal-3321	481	16	in	in	ADP
cjal-3321	481	17	practice	practice	NOUN
cjal-3321	481	18	is	be	AUX
cjal-3321	481	19	far	far	ADV
cjal-3321	481	20	from	from	ADP
cjal-3321	481	21	satisfactory	satisfactory	ADJ
cjal-3321	481	22	.	.	PUNCT
cjal-3321	482	1	from	from	ADP
cjal-3321	482	2	2008	2008	NUM
cjal-3321	482	3	to	to	ADP
cjal-3321	482	4	2010	2010	NUM
cjal-3321	482	5	,	,	PUNCT
cjal-3321	482	6	there	there	PRON
cjal-3321	482	7	have	have	AUX
cjal-3321	482	8	only	only	ADV
cjal-3321	482	9	been	be	AUX
cjal-3321	482	10	fifteen	fifteen	NUM
cjal-3321	482	11	cases	case	NOUN
cjal-3321	482	12	litigated	litigate	VERB
cjal-3321	482	13	at	at	ADP
cjal-3321	482	14	shanghai	shanghai	PROPN
cjal-3321	482	15	pudong	pudong	PROPN
cjal-3321	482	16	district	district	PROPN
cjal-3321	482	17	court	court	PROPN
cjal-3321	482	18	on	on	ADP
cjal-3321	482	19	the	the	DET
cjal-3321	482	20	issue	issue	NOUN
cjal-3321	482	21	of	of	ADP
cjal-3321	482	22	'	'	PUNCT
cjal-3321	482	23	1	1	NUM
cjal-3321	482	24	sunjian	sunjian	NOUN
cjal-3321	482	25	(	(	PUNCT
cjal-3321	482	26	/jy	/jy	PROPN
cjal-3321	482	27	)	)	PUNCT
cjal-3321	482	28	,	,	PUNCT
cjal-3321	482	29	jiashu	jiashu	PROPN
cjal-3321	482	30	guoqi	guoqi	PROPN
cjal-3321	482	31	binggou	binggou	PROPN
cjal-3321	482	32	congzu	congzu	VERB
cjal-3321	482	33	shichanghua	shichanghua	ADV
cjal-3321	482	34	(	(	PUNCT
cjal-3321	482	35	1m11	1m11	NUM
cjal-3321	482	36	rimto	rimto	VERB
cjal-3321	482	37	it	it	PRON
cjal-3321	482	38	)	)	PUNCT
cjal-3321	483	1	[	[	X
cjal-3321	483	2	ways	way	NOUN
cjal-3321	483	3	of	of	ADP
cjal-3321	483	4	expediting	expedite	VERB
cjal-3321	483	5	the	the	DET
cjal-3321	483	6	marketization	marketization	NOUN
cjal-3321	483	7	of	of	ADP
cjal-3321	483	8	soes	soe	NOUN
cjal-3321	483	9	]	]	PUNCT
cjal-3321	483	10	,	,	PUNCT
cjal-3321	483	11	dongshihui	dongshihui	PROPN
cjal-3321	483	12	(	(	PUNCT
cjal-3321	483	13	t	t	PROPN
cjal-3321	483	14	)	)	PUNCT
cjal-3321	484	1	[	[	X
cjal-3321	484	2	directors	director	NOUN
cjal-3321	484	3	&	&	CCONJ
cjal-3321	484	4	boards	board	NOUN
cjal-3321	484	5	]	]	PUNCT
cjal-3321	484	6	,	,	PUNCT
cjal-3321	484	7	no	no	INTJ
cjal-3321	484	8	.	.	NOUN
cjal-3321	484	9	65	65	NUM
cjal-3321	484	10	,	,	PUNCT
cjal-3321	484	11	2009	2009	NUM
cjal-3321	484	12	,	,	PUNCT
cjal-3321	484	13	at	at	ADP
cjal-3321	484	14	63	63	NUM
cjal-3321	484	15	.	.	PUNCT
cjal-3321	485	1	to	to	ADP
cjal-3321	485	2	6	6	NUM
cjal-3321	485	3	shang	shang	PROPN
cjal-3321	485	4	,	,	PUNCT
cjal-3321	485	5	supra	supra	PROPN
cjal-3321	485	6	note	note	VERB
cjal-3321	485	7	92	92	NUM
cjal-3321	485	8	.	.	PUNCT
cjal-3321	486	1	107	107	NUM
cjal-3321	486	2	see	see	VERB
cjal-3321	486	3	measures	measure	NOUN
cjal-3321	486	4	for	for	ADP
cjal-3321	486	5	administration	administration	NOUN
cjal-3321	486	6	of	of	ADP
cjal-3321	486	7	takeovers	takeover	NOUN
cjal-3321	486	8	,	,	PUNCT
cjal-3321	486	9	supra	supra	PROPN
cjal-3321	486	10	note	note	NOUN
cjal-3321	486	11	6	6	NUM
cjal-3321	486	12	,	,	PUNCT
cjal-3321	486	13	art	art	NOUN
cjal-3321	486	14	.	.	PUNCT
cjal-3321	487	1	63	63	NUM
cjal-3321	487	2	.	.	X
cjal-3321	488	1	1o8	1o8	NUM
cjal-3321	488	2	see	see	VERB
cjal-3321	488	3	,	,	PUNCT
cjal-3321	488	4	e.g.	e.g.	ADV
cjal-3321	488	5	,	,	PUNCT
cjal-3321	488	6	kenneth	kenneth	PROPN
cjal-3321	488	7	c.	c.	PROPN
cjal-3321	488	8	johnson	johnson	PROPN
cjal-3321	488	9	,	,	PUNCT
cjal-3321	488	10	golden	golden	ADJ
cjal-3321	488	11	parachutes	parachute	NOUN
cjal-3321	488	12	and	and	CCONJ
cjal-3321	488	13	the	the	DET
cjal-3321	488	14	business	business	NOUN
cjal-3321	488	15	judgment	judgment	NOUN
cjal-3321	488	16	rule	rule	NOUN
cjal-3321	488	17	:	:	PUNCT
cjal-3321	488	18	towards	towards	ADP
cjal-3321	488	19	a	a	DET
cjal-3321	488	20	proper	proper	ADJ
cjal-3321	488	21	standard	standard	NOUN
cjal-3321	488	22	of	of	ADP
cjal-3321	488	23	review	review	NOUN
cjal-3321	488	24	,	,	PUNCT
cjal-3321	488	25	94	94	NUM
cjal-3321	488	26	yale	yale	PROPN
cjal-3321	488	27	l.j	l.j	PROPN
cjal-3321	488	28	.	.	PROPN
cjal-3321	488	29	909	909	NUM
cjal-3321	488	30	(	(	PUNCT
cjal-3321	488	31	1985	1985	NUM
cjal-3321	488	32	)	)	PUNCT
cjal-3321	488	33	.	.	PUNCT
cjal-3321	489	1	proponents	proponent	NOUN
cjal-3321	489	2	of	of	ADP
cjal-3321	489	3	golden	golden	ADJ
cjal-3321	489	4	parachutes	parachute	NOUN
cjal-3321	489	5	argue	argue	VERB
cjal-3321	489	6	that	that	SCONJ
cjal-3321	489	7	they	they	PRON
cjal-3321	489	8	help	help	VERB
cjal-3321	489	9	an	an	DET
cjal-3321	489	10	executive	executive	NOUN
cjal-3321	489	11	to	to	PART
cjal-3321	489	12	remain	remain	VERB
cjal-3321	489	13	objective	objective	ADJ
cjal-3321	489	14	during	during	ADP
cjal-3321	489	15	the	the	DET
cjal-3321	489	16	takeover	takeover	NOUN
cjal-3321	489	17	process	process	NOUN
cjal-3321	489	18	,	,	PUNCT
cjal-3321	489	19	while	while	SCONJ
cjal-3321	489	20	opponents	opponent	NOUN
cjal-3321	489	21	believe	believe	VERB
cjal-3321	489	22	that	that	SCONJ
cjal-3321	489	23	golden	golden	ADJ
cjal-3321	489	24	parachute	parachute	NOUN
cjal-3321	489	25	costs	cost	NOUN
cjal-3321	489	26	are	be	AUX
cjal-3321	489	27	a	a	DET
cjal-3321	489	28	very	very	ADV
cjal-3321	489	29	small	small	ADJ
cjal-3321	489	30	percentage	percentage	NOUN
cjal-3321	489	31	of	of	ADP
cjal-3321	489	32	takeover	takeover	NOUN
cjal-3321	489	33	costs	cost	NOUN
cjal-3321	489	34	and	and	CCONJ
cjal-3321	489	35	do	do	AUX
cjal-3321	489	36	not	not	PART
cjal-3321	489	37	affect	affect	VERB
cjal-3321	489	38	the	the	DET
cjal-3321	489	39	outcome	outcome	NOUN
cjal-3321	489	40	.	.	PUNCT
cjal-3321	490	1	203	203	NUM
cjal-3321	490	2	columbia	columbia	PROPN
cjal-3321	490	3	journal	journal	PROPN
cjal-3321	490	4	ofasian	ofasian	ADJ
cjal-3321	490	5	law	law	NOUN
cjal-3321	490	6	,	,	PUNCT
cjal-3321	490	7	vol	vol	NOUN
cjal-3321	490	8	.	.	PROPN
cjal-3321	490	9	25	25	NUM
cjal-3321	490	10	,	,	PUNCT
cjal-3321	490	11	no	no	INTJ
cjal-3321	490	12	.	.	NOUN
cjal-3321	490	13	2	2	NUM
cjal-3321	490	14	(	(	PUNCT
cjal-3321	490	15	2012	2012	NUM
cjal-3321	490	16	)	)	PUNCT
cjal-3321	490	17	fiduciary	fiduciary	ADJ
cjal-3321	490	18	duty	duty	NOUN
cjal-3321	490	19	.	.	PUNCT
cjal-3321	490	20	09	09	NUM
cjal-3321	491	1	moreover	moreover	ADV
cjal-3321	491	2	,	,	PUNCT
cjal-3321	491	3	only	only	ADV
cjal-3321	491	4	two	two	NUM
cjal-3321	491	5	of	of	ADP
cjal-3321	491	6	them	they	PRON
cjal-3321	491	7	were	be	AUX
cjal-3321	491	8	derivative	derivative	ADJ
cjal-3321	491	9	actions	action	NOUN
cjal-3321	491	10	.	.	PUNCT
cjal-3321	492	1	considering	consider	VERB
cjal-3321	492	2	that	that	SCONJ
cjal-3321	492	3	the	the	DET
cjal-3321	492	4	total	total	ADJ
cjal-3321	492	5	number	number	NOUN
cjal-3321	492	6	of	of	ADP
cjal-3321	492	7	registered	register	VERB
cjal-3321	492	8	corporations	corporation	NOUN
cjal-3321	492	9	in	in	ADP
cjal-3321	492	10	the	the	DET
cjal-3321	492	11	district	district	NOUN
cjal-3321	492	12	exceeds	exceed	VERB
cjal-3321	492	13	no	no	PRON
cjal-3321	492	14	,	,	PUNCT
cjal-3321	492	15	ooo	ooo	INTJ
cjal-3321	492	16	,	,	PUNCT
cjal-3321	492	17	11	11	NUM
cjal-3321	492	18	the	the	DET
cjal-3321	492	19	number	number	NOUN
cjal-3321	492	20	of	of	ADP
cjal-3321	492	21	fiduciary	fiduciary	ADJ
cjal-3321	492	22	actions	action	NOUN
cjal-3321	492	23	is	be	AUX
cjal-3321	492	24	miniscule	miniscule	ADJ
cjal-3321	492	25	.	.	PUNCT
cjal-3321	493	1	understandably	understandably	ADV
cjal-3321	493	2	,	,	PUNCT
cjal-3321	493	3	chinese	chinese	ADJ
cjal-3321	493	4	senior	senior	ADJ
cjal-3321	493	5	executives	executive	NOUN
cjal-3321	493	6	are	be	AUX
cjal-3321	493	7	far	far	ADV
cjal-3321	493	8	less	less	ADV
cjal-3321	493	9	concerned	concerned	ADJ
cjal-3321	493	10	about	about	ADP
cjal-3321	493	11	the	the	DET
cjal-3321	493	12	threat	threat	NOUN
cjal-3321	493	13	of	of	ADP
cjal-3321	493	14	derivative	derivative	ADJ
cjal-3321	493	15	litigation	litigation	NOUN
cjal-3321	493	16	than	than	ADP
cjal-3321	493	17	their	their	PRON
cjal-3321	493	18	u.s	u.s	PROPN
cjal-3321	493	19	.	.	PROPN
cjal-3321	493	20	counterparts	counterpart	NOUN
cjal-3321	493	21	.	.	PUNCT
cjal-3321	494	1	multiple	multiple	ADJ
cjal-3321	494	2	factors	factor	NOUN
cjal-3321	494	3	contribute	contribute	VERB
cjal-3321	494	4	to	to	ADP
cjal-3321	494	5	the	the	DET
cjal-3321	494	6	ineffectiveness	ineffectiveness	NOUN
cjal-3321	494	7	of	of	ADP
cjal-3321	494	8	fiduciary	fiduciary	ADJ
cjal-3321	494	9	duties	duty	NOUN
cjal-3321	494	10	as	as	ADP
cjal-3321	494	11	a	a	DET
cjal-3321	494	12	way	way	NOUN
cjal-3321	494	13	to	to	PART
cjal-3321	494	14	assure	assure	VERB
cjal-3321	494	15	management	management	NOUN
cjal-3321	494	16	loyalty	loyalty	NOUN
cjal-3321	494	17	.	.	PUNCT
cjal-3321	495	1	first	first	ADV
cjal-3321	495	2	,	,	PUNCT
cjal-3321	495	3	regulation	regulation	NOUN
cjal-3321	495	4	of	of	ADP
cjal-3321	495	5	ex	ex	ADJ
cjal-3321	495	6	ante	ante	NOUN
cjal-3321	495	7	antitakeover	antitakeover	ADJ
cjal-3321	495	8	mechanisms	mechanism	NOUN
cjal-3321	495	9	is	be	AUX
cjal-3321	495	10	still	still	ADV
cjal-3321	495	11	inadequate	inadequate	ADJ
cjal-3321	495	12	.	.	PUNCT
cjal-3321	496	1	as	as	SCONJ
cjal-3321	496	2	mentioned	mention	VERB
cjal-3321	496	3	in	in	ADP
cjal-3321	496	4	part	part	NOUN
cjal-3321	496	5	i.b	i.b	PROPN
cjal-3321	496	6	.	.	PROPN
cjal-3321	496	7	,	,	PUNCT
cjal-3321	496	8	the	the	DET
cjal-3321	496	9	measures	measure	NOUN
cjal-3321	496	10	only	only	ADV
cjal-3321	496	11	address	address	VERB
cjal-3321	496	12	ex	ex	PRON
cjal-3321	496	13	post	post	NOUN
cjal-3321	496	14	violations	violation	NOUN
cjal-3321	496	15	but	but	CCONJ
cjal-3321	496	16	not	not	PART
cjal-3321	496	17	ex	ex	ADJ
cjal-3321	496	18	ante	ante	VERB
cjal-3321	496	19	preventive	preventive	ADJ
cjal-3321	496	20	measures	measure	NOUN
cjal-3321	496	21	.	.	PUNCT
cjal-3321	496	22	'	'	PUNCT
cjal-3321	497	1	chinese	chinese	ADJ
cjal-3321	497	2	corporate	corporate	ADJ
cjal-3321	497	3	and	and	CCONJ
cjal-3321	497	4	securities	security	NOUN
cjal-3321	497	5	laws	law	NOUN
cjal-3321	497	6	also	also	ADV
cjal-3321	497	7	do	do	AUX
cjal-3321	497	8	not	not	PART
cjal-3321	497	9	consider	consider	VERB
cjal-3321	497	10	the	the	DET
cjal-3321	497	11	legitimacy	legitimacy	NOUN
cjal-3321	497	12	of	of	ADP
cjal-3321	497	13	ex	ex	ADJ
cjal-3321	497	14	ante	ante	NOUN
cjal-3321	497	15	antitakeover	antitakeover	ADJ
cjal-3321	497	16	mechanisms	mechanism	NOUN
cjal-3321	497	17	such	such	ADJ
cjal-3321	497	18	as	as	ADP
cjal-3321	497	19	poison	poison	NOUN
cjal-3321	497	20	pills	pill	NOUN
cjal-3321	497	21	or	or	CCONJ
cjal-3321	497	22	staggered	staggered	ADJ
cjal-3321	497	23	boards	board	NOUN
cjal-3321	497	24	.	.	PUNCT
cjal-3321	498	1	moreover	moreover	ADV
cjal-3321	498	2	,	,	PUNCT
cjal-3321	498	3	even	even	ADV
cjal-3321	498	4	though	though	SCONJ
cjal-3321	498	5	the	the	DET
cjal-3321	498	6	power	power	NOUN
cjal-3321	498	7	to	to	PART
cjal-3321	498	8	amend	amend	VERB
cjal-3321	498	9	the	the	DET
cjal-3321	498	10	articles	article	NOUN
cjal-3321	498	11	of	of	ADP
cjal-3321	498	12	association	association	NOUN
cjal-3321	498	13	lies	lie	VERB
cjal-3321	498	14	in	in	ADP
cjal-3321	498	15	the	the	DET
cjal-3321	498	16	hands	hand	NOUN
cjal-3321	498	17	of	of	ADP
cjal-3321	498	18	shareholders	shareholder	NOUN
cjal-3321	498	19	,	,	PUNCT
cjal-3321	498	20	112	112	NUM
cjal-3321	498	21	the	the	DET
cjal-3321	498	22	board	board	NOUN
cjal-3321	498	23	enjoys	enjoy	VERB
cjal-3321	498	24	unilateral	unilateral	ADJ
cjal-3321	498	25	control	control	NOUN
cjal-3321	498	26	over	over	ADP
cjal-3321	498	27	the	the	DET
cjal-3321	498	28	flow	flow	NOUN
cjal-3321	498	29	of	of	ADP
cjal-3321	498	30	information	information	NOUN
cjal-3321	498	31	both	both	CCONJ
cjal-3321	498	32	within	within	ADP
cjal-3321	498	33	the	the	DET
cjal-3321	498	34	firm	firm	NOUN
cjal-3321	498	35	and	and	CCONJ
cjal-3321	498	36	to	to	ADP
cjal-3321	498	37	shareholders	shareholder	NOUN
cjal-3321	498	38	.	.	PUNCT
cjal-3321	499	1	not	not	PART
cjal-3321	499	2	only	only	ADV
cjal-3321	499	3	are	be	AUX
cjal-3321	499	4	there	there	PRON
cjal-3321	499	5	no	no	DET
cjal-3321	499	6	regulations	regulation	NOUN
cjal-3321	499	7	requiring	require	VERB
cjal-3321	499	8	the	the	DET
cjal-3321	499	9	board	board	NOUN
cjal-3321	499	10	to	to	PART
cjal-3321	499	11	implement	implement	VERB
cjal-3321	499	12	mechanisms	mechanism	NOUN
cjal-3321	499	13	to	to	PART
cjal-3321	499	14	assist	assist	VERB
cjal-3321	499	15	shareholders	shareholder	NOUN
cjal-3321	499	16	in	in	ADP
cjal-3321	499	17	making	make	VERB
cjal-3321	499	18	informed	informed	ADJ
cjal-3321	499	19	decisions,"3	decisions,"3	NOUN
cjal-3321	499	20	there	there	PRON
cjal-3321	499	21	are	be	VERB
cjal-3321	499	22	also	also	ADV
cjal-3321	499	23	no	no	DET
cjal-3321	499	24	independent	independent	ADJ
cjal-3321	499	25	consultant	consultant	NOUN
cjal-3321	499	26	institutions	institution	NOUN
cjal-3321	499	27	similar	similar	ADJ
cjal-3321	499	28	to	to	ADP
cjal-3321	499	29	institutional	institutional	ADJ
cjal-3321	499	30	shareholder	shareholder	NOUN
cjal-3321	499	31	services	service	NOUN
cjal-3321	499	32	to	to	PART
cjal-3321	499	33	educate	educate	VERB
cjal-3321	499	34	shareholders	shareholder	NOUN
cjal-3321	499	35	about	about	ADP
cjal-3321	499	36	the	the	DET
cjal-3321	499	37	downside	downside	NOUN
cjal-3321	499	38	of	of	ADP
cjal-3321	499	39	defense	defense	NOUN
cjal-3321	499	40	mechanisms	mechanism	NOUN
cjal-3321	499	41	such	such	ADJ
cjal-3321	499	42	as	as	ADP
cjal-3321	499	43	staggered	staggered	ADJ
cjal-3321	499	44	boards	board	NOUN
cjal-3321	499	45	.	.	PUNCT
cjal-3321	500	1	"4	"4	PROPN
cjal-3321	500	2	thus	thus	ADV
cjal-3321	500	3	,	,	PUNCT
cjal-3321	500	4	a	a	DET
cjal-3321	500	5	board	board	NOUN
cjal-3321	500	6	can	can	AUX
cjal-3321	500	7	easily	easily	ADV
cjal-3321	500	8	manipulate	manipulate	VERB
cjal-3321	500	9	the	the	DET
cjal-3321	500	10	outcomes	outcome	NOUN
cjal-3321	500	11	of	of	ADP
cjal-3321	500	12	general	general	ADJ
cjal-3321	500	13	meetings	meeting	NOUN
cjal-3321	500	14	and	and	CCONJ
cjal-3321	500	15	incorporate	incorporate	VERB
cjal-3321	500	16	powerful	powerful	ADJ
cjal-3321	500	17	antitakeover	antitakeover	ADJ
cjal-3321	500	18	mechanisms	mechanism	NOUN
cjal-3321	500	19	such	such	ADJ
cjal-3321	500	20	as	as	ADP
cjal-3321	500	21	poison	poison	NOUN
cjal-3321	500	22	pills"5	pills"5	PROPN
cjal-3321	500	23	or	or	CCONJ
cjal-3321	500	24	a	a	DET
cjal-3321	500	25	staggered	staggered	ADJ
cjal-3321	500	26	board	board	NOUN
cjal-3321	500	27	into	into	ADP
cjal-3321	500	28	the	the	DET
cjal-3321	500	29	articles	article	NOUN
cjal-3321	500	30	of	of	ADP
cjal-3321	500	31	association	association	NOUN
cjal-3321	500	32	,	,	PUNCT
cjal-3321	500	33	without	without	ADP
cjal-3321	500	34	fearing	fear	VERB
cjal-3321	500	35	fiduciary	fiduciary	ADJ
cjal-3321	500	36	duty	duty	NOUN
cjal-3321	500	37	challenges	challenge	NOUN
cjal-3321	500	38	.	.	PUNCT
cjal-3321	501	1	"6	"6	NOUN
cjal-3321	501	2	it	it	PRON
cjal-3321	501	3	has	have	VERB
cjal-3321	501	4	little	little	ADJ
cjal-3321	501	5	to	to	PART
cjal-3321	501	6	fear	fear	VERB
cjal-3321	501	7	when	when	SCONJ
cjal-3321	501	8	it	it	PRON
cjal-3321	501	9	comes	come	VERB
cjal-3321	501	10	to	to	ADP
cjal-3321	501	11	proxy	proxy	ADJ
cjal-3321	501	12	contests	contest	NOUN
cjal-3321	501	13	by	by	ADP
cjal-3321	501	14	bidders	bidder	NOUN
cjal-3321	501	15	to	to	PART
cjal-3321	501	16	change	change	VERB
cjal-3321	501	17	the	the	DET
cjal-3321	501	18	articles	article	NOUN
cjal-3321	501	19	of	of	ADP
cjal-3321	501	20	association	association	NOUN
cjal-3321	501	21	and	and	CCONJ
cjal-3321	501	22	redeem	redeem	VERB
cjal-3321	501	23	the	the	DET
cjal-3321	501	24	pill	pill	NOUN
cjal-3321	501	25	.	.	PUNCT
cjal-3321	502	1	not	not	PART
cjal-3321	502	2	only	only	ADV
cjal-3321	502	3	does	do	AUX
cjal-3321	502	4	the	the	DET
cjal-3321	502	5	board	board	NOUN
cjal-3321	502	6	control	control	VERB
cjal-3321	502	7	the	the	DET
cjal-3321	502	8	information	information	NOUN
cjal-3321	502	9	flow	flow	NOUN
cjal-3321	502	10	,	,	PUNCT
cjal-3321	502	11	but	but	CCONJ
cjal-3321	502	12	the	the	DET
cjal-3321	502	13	bidder	bidder	NOUN
cjal-3321	502	14	must	must	AUX
cjal-3321	502	15	also	also	ADV
cjal-3321	502	16	win	win	VERB
cjal-3321	502	17	two	two	NUM
cjal-3321	502	18	-	-	PUNCT
cjal-3321	502	19	thirds	third	NOUN
cjal-3321	502	20	of	of	ADP
cjal-3321	502	21	all	all	DET
cjal-3321	502	22	outstanding	outstanding	ADJ
cjal-3321	502	23	votes	vote	NOUN
cjal-3321	502	24	to	to	PART
cjal-3321	502	25	prevail	prevail	VERB
cjal-3321	502	26	in	in	ADP
cjal-3321	502	27	the	the	DET
cjal-3321	502	28	contest	contest	NOUN
cjal-3321	502	29	.	.	PUNCT
cjal-3321	503	1	"7	"7	ADV
cjal-3321	503	2	moreover	moreover	ADV
cjal-3321	503	3	,	,	PUNCT
cjal-3321	503	4	the	the	DET
cjal-3321	503	5	o9	o9	NOUN
cjal-3321	503	6	interview	interview	NOUN
cjal-3321	503	7	with	with	ADP
cjal-3321	503	8	anonymous	anonymous	ADJ
cjal-3321	503	9	judge	judge	NOUN
cjal-3321	503	10	,	,	PUNCT
cjal-3321	503	11	supra	supra	PROPN
cjal-3321	503	12	note	note	NOUN
cjal-3321	503	13	77	77	NUM
cjal-3321	503	14	.	.	PUNCT
cjal-3321	504	1	"	"	PUNCT
cjal-3321	504	2	'	'	PUNCT
cjal-3321	504	3	interview	interview	NOUN
cjal-3321	504	4	with	with	ADP
cjal-3321	504	5	anonymous	anonymous	ADJ
cjal-3321	504	6	officer	officer	NOUN
cjal-3321	504	7	,	,	PUNCT
cjal-3321	504	8	shanghai	shanghai	PROPN
cjal-3321	504	9	pudong	pudong	PROPN
cjal-3321	504	10	admin	admin	PROPN
cjal-3321	504	11	.	.	PUNCT
cjal-3321	505	1	for	for	ADP
cjal-3321	505	2	indus	indus	PROPN
cjal-3321	505	3	.	.	PUNCT
cjal-3321	506	1	&	&	CCONJ
cjal-3321	506	2	commerce	commerce	PROPN
cjal-3321	506	3	(	(	PUNCT
cjal-3321	506	4	july	july	PROPN
cjal-3321	506	5	28	28	NUM
cjal-3321	506	6	,	,	PUNCT
cjal-3321	506	7	2011	2011	NUM
cjal-3321	506	8	)	)	PUNCT
cjal-3321	506	9	.	.	PUNCT
cjal-3321	507	1	...	...	PUNCT
cjal-3321	507	2	see	see	VERB
cjal-3321	507	3	supra	supra	ADJ
cjal-3321	507	4	text	text	NOUN
cjal-3321	507	5	accompanying	accompanying	ADJ
cjal-3321	507	6	notes	note	NOUN
cjal-3321	507	7	57	57	NUM
cjal-3321	507	8	-	-	SYM
cjal-3321	507	9	59	59	NUM
cjal-3321	507	10	.	.	PUNCT
cjal-3321	507	11	'	'	PUNCT
cjal-3321	508	1	see	see	VERB
cjal-3321	508	2	company	company	NOUN
cjal-3321	508	3	law	law	NOUN
cjal-3321	508	4	,	,	PUNCT
cjal-3321	508	5	supra	supra	PROPN
cjal-3321	508	6	note	note	NOUN
cjal-3321	508	7	20	20	NUM
cjal-3321	508	8	,	,	PUNCT
cjal-3321	508	9	art	art	NOUN
cjal-3321	508	10	.	.	PUNCT
cjal-3321	509	1	44	44	NUM
cjal-3321	509	2	.	.	PUNCT
cjal-3321	510	1	"	"	PUNCT
cjal-3321	510	2	3	3	NUM
cjal-3321	510	3	a	a	DET
cjal-3321	510	4	"	"	PUNCT
cjal-3321	510	5	staggered	staggered	ADJ
cjal-3321	510	6	board	board	NOUN
cjal-3321	510	7	"	"	PUNCT
cjal-3321	510	8	is	be	AUX
cjal-3321	510	9	a	a	DET
cjal-3321	510	10	board	board	NOUN
cjal-3321	510	11	in	in	ADP
cjal-3321	510	12	which	which	PRON
cjal-3321	510	13	only	only	ADV
cjal-3321	510	14	a	a	DET
cjal-3321	510	15	fraction	fraction	NOUN
cjal-3321	510	16	of	of	ADP
cjal-3321	510	17	the	the	DET
cjal-3321	510	18	members	member	NOUN
cjal-3321	510	19	of	of	ADP
cjal-3321	510	20	the	the	DET
cjal-3321	510	21	board	board	NOUN
cjal-3321	510	22	of	of	ADP
cjal-3321	510	23	directors	director	NOUN
cjal-3321	510	24	is	be	AUX
cjal-3321	510	25	elected	elect	VERB
cjal-3321	510	26	each	each	DET
cjal-3321	510	27	year	year	NOUN
cjal-3321	510	28	instead	instead	ADV
cjal-3321	510	29	of	of	ADP
cjal-3321	510	30	en	en	X
cjal-3321	510	31	masse	masse	NOUN
cjal-3321	510	32	.	.	PUNCT
cjal-3321	511	1	"	"	PUNCT
cjal-3321	511	2	14	14	NUM
cjal-3321	511	3	empirical	empirical	ADJ
cjal-3321	511	4	evidence	evidence	NOUN
cjal-3321	511	5	has	have	AUX
cjal-3321	511	6	indicated	indicate	VERB
cjal-3321	511	7	that	that	SCONJ
cjal-3321	511	8	shareholders	shareholder	NOUN
cjal-3321	511	9	in	in	ADP
cjal-3321	511	10	the	the	DET
cjal-3321	511	11	united	united	PROPN
cjal-3321	511	12	states	states	PROPN
cjal-3321	511	13	have	have	AUX
cjal-3321	511	14	sometimes	sometimes	ADV
cjal-3321	511	15	disfavored	disfavor	VERB
cjal-3321	511	16	staggered	staggered	ADJ
cjal-3321	511	17	boards	board	NOUN
cjal-3321	511	18	.	.	PUNCT
cjal-3321	512	1	see	see	VERB
cjal-3321	512	2	,	,	PUNCT
cjal-3321	512	3	e.g.	e.g.	ADV
cjal-3321	512	4	,	,	PUNCT
cjal-3321	512	5	jason	jason	PROPN
cjal-3321	512	6	d.	d.	PROPN
cjal-3321	512	7	montgomery	montgomery	PROPN
cjal-3321	512	8	,	,	PUNCT
cjal-3321	512	9	classified	classified	ADJ
cjal-3321	512	10	boards	board	NOUN
cjal-3321	512	11	,	,	PUNCT
cjal-3321	512	12	corp	corp	PROPN
cjal-3321	512	13	.	.	PROPN
cjal-3321	512	14	governance	governance	PROPN
cjal-3321	512	15	serv	serv	PROPN
cjal-3321	512	16	.	.	PROPN
cjal-3321	512	17	,	,	PUNCT
cjal-3321	512	18	mar	mar	PROPN
cjal-3321	512	19	.	.	PROPN
cjal-3321	512	20	3	3	NUM
cjal-3321	512	21	,	,	PUNCT
cjal-3321	512	22	1998	1998	NUM
cjal-3321	512	23	,	,	PUNCT
cjal-3321	512	24	at	at	ADP
cjal-3321	512	25	i	i	PRON
cjal-3321	512	26	;	;	PUNCT
cjal-3321	512	27	record	record	NOUN
cjal-3321	512	28	support	support	NOUN
cjal-3321	512	29	for	for	ADP
cjal-3321	512	30	destaggered	destaggere	VERB
cjal-3321	512	31	boards	board	NOUN
cjal-3321	512	32	highlights	highlight	VERB
cjal-3321	512	33	shareholder	shareholder	NOUN
cjal-3321	512	34	proposal	proposal	NOUN
cjal-3321	512	35	results	result	NOUN
cjal-3321	512	36	,	,	PUNCT
cjal-3321	512	37	corp	corp	PROPN
cjal-3321	512	38	.	.	PROPN
cjal-3321	512	39	governance	governance	PROPN
cjal-3321	512	40	highlights	highlight	NOUN
cjal-3321	512	41	,	,	PUNCT
cjal-3321	512	42	june	june	PROPN
cjal-3321	512	43	18	18	NUM
cjal-3321	512	44	,	,	PUNCT
cjal-3321	512	45	1998	1998	NUM
cjal-3321	512	46	,	,	PUNCT
cjal-3321	512	47	at	at	ADP
cjal-3321	512	48	97	97	NUM
cjal-3321	512	49	(	(	PUNCT
cjal-3321	512	50	demonstrating	demonstrate	VERB
cjal-3321	512	51	increase	increase	NOUN
cjal-3321	512	52	in	in	ADP
cjal-3321	512	53	shareholder	shareholder	NOUN
cjal-3321	512	54	proposals	proposal	NOUN
cjal-3321	512	55	demanding	demand	VERB
cjal-3321	512	56	de	de	NOUN
cjal-3321	512	57	-	-	ADJ
cjal-3321	512	58	staggering	staggering	ADJ
cjal-3321	512	59	of	of	ADP
cjal-3321	512	60	staggered	staggered	ADJ
cjal-3321	512	61	boards	board	NOUN
cjal-3321	512	62	in	in	ADP
cjal-3321	512	63	the	the	DET
cjal-3321	512	64	united	united	PROPN
cjal-3321	512	65	states	states	PROPN
cjal-3321	512	66	)	)	PUNCT
cjal-3321	512	67	.	.	PUNCT
cjal-3321	513	1	"	"	PUNCT
cjal-3321	513	2	'	'	PUNCT
cjal-3321	513	3	"	"	PUNCT
cjal-3321	513	4	poison	poison	NOUN
cjal-3321	513	5	pills	pill	NOUN
cjal-3321	513	6	"	"	PUNCT
cjal-3321	513	7	or	or	CCONJ
cjal-3321	513	8	a	a	DET
cjal-3321	513	9	"	"	PUNCT
cjal-3321	513	10	rights	right	NOUN
cjal-3321	513	11	plan	plan	NOUN
cjal-3321	513	12	"	"	PUNCT
cjal-3321	513	13	is	be	AUX
cjal-3321	513	14	a	a	DET
cjal-3321	513	15	strategy	strategy	NOUN
cjal-3321	513	16	to	to	PART
cjal-3321	513	17	discourage	discourage	VERB
cjal-3321	513	18	hostile	hostile	ADJ
cjal-3321	513	19	takeovers	takeover	NOUN
cjal-3321	513	20	by	by	ADP
cjal-3321	513	21	issuing	issue	VERB
cjal-3321	513	22	new	new	ADJ
cjal-3321	513	23	shares	share	NOUN
cjal-3321	513	24	at	at	ADP
cjal-3321	513	25	a	a	DET
cjal-3321	513	26	nominal	nominal	ADJ
cjal-3321	513	27	price	price	NOUN
cjal-3321	513	28	to	to	ADP
cjal-3321	513	29	all	all	DET
cjal-3321	513	30	shareholders	shareholder	NOUN
cjal-3321	513	31	except	except	SCONJ
cjal-3321	513	32	the	the	DET
cjal-3321	513	33	bidder	bidder	NOUN
cjal-3321	513	34	.	.	PUNCT
cjal-3321	514	1	,	,	PUNCT
cjal-3321	514	2	,	,	PUNCT
cjal-3321	514	3	6	6	NUM
cjal-3321	514	4	this	this	DET
cjal-3321	514	5	strategy	strategy	NOUN
cjal-3321	514	6	makes	make	VERB
cjal-3321	514	7	poison	poison	NOUN
cjal-3321	514	8	pills	pill	NOUN
cjal-3321	514	9	more	more	ADV
cjal-3321	514	10	powerful	powerful	ADJ
cjal-3321	514	11	,	,	PUNCT
cjal-3321	514	12	because	because	SCONJ
cjal-3321	514	13	it	it	PRON
cjal-3321	514	14	would	would	AUX
cjal-3321	514	15	be	be	AUX
cjal-3321	514	16	impossible	impossible	ADJ
cjal-3321	514	17	to	to	PART
cjal-3321	514	18	modify	modify	VERB
cjal-3321	514	19	the	the	DET
cjal-3321	514	20	bylaw	bylaw	NOUN
cjal-3321	514	21	by	by	ADP
cjal-3321	514	22	changing	change	VERB
cjal-3321	514	23	directors	director	NOUN
cjal-3321	514	24	in	in	ADP
cjal-3321	514	25	a	a	DET
cjal-3321	514	26	short	short	ADJ
cjal-3321	514	27	time	time	NOUN
cjal-3321	514	28	to	to	PART
cjal-3321	514	29	remove	remove	VERB
cjal-3321	514	30	the	the	DET
cjal-3321	514	31	poison	poison	NOUN
cjal-3321	514	32	pills	pill	NOUN
cjal-3321	514	33	.	.	PUNCT
cjal-3321	515	1	"	"	PUNCT
cjal-3321	515	2	7	7	NUM
cjal-3321	515	3	see	see	VERB
cjal-3321	515	4	company	company	NOUN
cjal-3321	515	5	law	law	NOUN
cjal-3321	515	6	,	,	PUNCT
cjal-3321	515	7	supra	supra	PROPN
cjal-3321	515	8	note	note	NOUN
cjal-3321	515	9	2o	2o	NOUN
cjal-3321	515	10	,	,	PUNCT
cjal-3321	515	11	art	art	NOUN
cjal-3321	515	12	.	.	PUNCT
cjal-3321	516	1	44	44	NUM
cjal-3321	516	2	.	.	PUNCT
cjal-3321	517	1	the	the	DET
cjal-3321	517	2	efficacy	efficacy	NOUN
cjal-3321	517	3	of	of	ADP
cjal-3321	517	4	chinese	chinese	ADJ
cjal-3321	517	5	takeover	takeover	NOUN
cjal-3321	517	6	laws	law	NOUN
cjal-3321	517	7	legitimacy	legitimacy	NOUN
cjal-3321	517	8	of	of	ADP
cjal-3321	517	9	proxy	proxy	ADJ
cjal-3321	517	10	contests	contest	NOUN
cjal-3321	517	11	is	be	AUX
cjal-3321	517	12	still	still	ADV
cjal-3321	517	13	controversial	controversial	ADJ
cjal-3321	517	14	in	in	ADP
cjal-3321	517	15	china	china	PROPN
cjal-3321	517	16	.	.	PUNCT
cjal-3321	518	1	"8	"8	PROPN
cjal-3321	518	2	if	if	SCONJ
cjal-3321	518	3	the	the	DET
cjal-3321	518	4	law	law	NOUN
cjal-3321	518	5	does	do	AUX
cjal-3321	518	6	not	not	PART
cjal-3321	518	7	impose	impose	VERB
cjal-3321	518	8	a	a	DET
cjal-3321	518	9	comprehensive	comprehensive	ADJ
cjal-3321	518	10	fiduciary	fiduciary	ADJ
cjal-3321	518	11	duty	duty	NOUN
cjal-3321	518	12	regulating	regulate	VERB
cjal-3321	518	13	both	both	PRON
cjal-3321	518	14	ex	ex	X
cjal-3321	518	15	post	post	NOUN
cjal-3321	518	16	and	and	CCONJ
cjal-3321	518	17	ex	ex	PRON
cjal-3321	518	18	ante	ante	PROPN
cjal-3321	518	19	improper	improper	ADJ
cjal-3321	518	20	defense	defense	NOUN
cjal-3321	518	21	actions	action	NOUN
cjal-3321	518	22	,	,	PUNCT
cjal-3321	518	23	board	board	NOUN
cjal-3321	518	24	directors	director	NOUN
cjal-3321	518	25	can	can	AUX
cjal-3321	518	26	freely	freely	ADV
cjal-3321	518	27	choose	choose	VERB
cjal-3321	518	28	preventive	preventive	ADJ
cjal-3321	518	29	measures	measure	NOUN
cjal-3321	518	30	to	to	PART
cjal-3321	518	31	insulate	insulate	VERB
cjal-3321	518	32	themselves	themselves	PRON
cjal-3321	518	33	firom	firom	ADP
cjal-3321	518	34	takeovers	takeover	NOUN
cjal-3321	518	35	.	.	PUNCT
cjal-3321	519	1	second	second	ADJ
cjal-3321	519	2	,	,	PUNCT
cjal-3321	519	3	the	the	DET
cjal-3321	519	4	efficacy	efficacy	NOUN
cjal-3321	519	5	of	of	ADP
cjal-3321	519	6	the	the	DET
cjal-3321	519	7	fiduciary	fiduciary	ADJ
cjal-3321	519	8	duty	duty	NOUN
cjal-3321	519	9	requirement	requirement	NOUN
cjal-3321	519	10	has	have	AUX
cjal-3321	519	11	been	be	AUX
cjal-3321	519	12	greatly	greatly	ADV
cjal-3321	519	13	dampened	dampen	VERB
cjal-3321	519	14	by	by	ADP
cjal-3321	519	15	the	the	DET
cjal-3321	519	16	limitations	limitation	NOUN
cjal-3321	519	17	of	of	ADP
cjal-3321	519	18	lex	lex	PROPN
cjal-3321	519	19	scripta	scripta	PROPN
cjal-3321	519	20	and	and	CCONJ
cjal-3321	519	21	sloppily	sloppily	ADV
cjal-3321	519	22	drafted	draft	VERB
cjal-3321	519	23	rules	rule	NOUN
cjal-3321	519	24	.	.	PUNCT
cjal-3321	520	1	fiduciary	fiduciary	ADJ
cjal-3321	520	2	duties	duty	NOUN
cjal-3321	520	3	are	be	AUX
cjal-3321	520	4	highly	highly	ADV
cjal-3321	520	5	context	context	NOUN
cjal-3321	520	6	-	-	PUNCT
cjal-3321	520	7	specific	specific	ADJ
cjal-3321	520	8	,	,	PUNCT
cjal-3321	520	9	and	and	CCONJ
cjal-3321	520	10	their	their	PRON
cjal-3321	520	11	nature	nature	NOUN
cjal-3321	520	12	and	and	CCONJ
cjal-3321	520	13	extent	extent	NOUN
cjal-3321	520	14	can	can	AUX
cjal-3321	520	15	vary	vary	VERB
cjal-3321	520	16	widely	widely	ADV
cjal-3321	520	17	across	across	ADP
cjal-3321	520	18	different	different	ADJ
cjal-3321	520	19	situations	situation	NOUN
cjal-3321	520	20	.	.	PUNCT
cjal-3321	521	1	therefore	therefore	ADV
cjal-3321	521	2	,	,	PUNCT
cjal-3321	521	3	it	it	PRON
cjal-3321	521	4	is	be	AUX
cjal-3321	521	5	impossible	impossible	ADJ
cjal-3321	521	6	for	for	SCONJ
cjal-3321	521	7	the	the	DET
cjal-3321	521	8	chinese	chinese	ADJ
cjal-3321	521	9	legislature	legislature	NOUN
cjal-3321	521	10	to	to	PART
cjal-3321	521	11	exhaust	exhaust	VERB
cjal-3321	521	12	all	all	DET
cjal-3321	521	13	possible	possible	ADJ
cjal-3321	521	14	application	application	NOUN
cjal-3321	521	15	scenarios	scenario	NOUN
cjal-3321	521	16	in	in	ADP
cjal-3321	521	17	the	the	DET
cjal-3321	521	18	statutes	statute	NOUN
cjal-3321	521	19	.	.	PUNCT
cjal-3321	522	1	"9	"9	ADJ
cjal-3321	522	2	this	this	PRON
cjal-3321	522	3	leaves	leave	VERB
cjal-3321	522	4	numerous	numerous	ADJ
cjal-3321	522	5	gaps	gap	NOUN
cjal-3321	522	6	left	leave	VERB
cjal-3321	522	7	for	for	SCONJ
cjal-3321	522	8	judges	judge	NOUN
cjal-3321	522	9	to	to	PART
cjal-3321	522	10	fill	fill	VERB
cjal-3321	522	11	,	,	PUNCT
cjal-3321	522	12	which	which	PRON
cjal-3321	522	13	in	in	ADP
cjal-3321	522	14	turn	turn	NOUN
cjal-3321	522	15	creates	create	VERB
cjal-3321	522	16	inefficiency	inefficiency	NOUN
cjal-3321	522	17	and	and	CCONJ
cjal-3321	522	18	risks	risk	NOUN
cjal-3321	522	19	of	of	ADP
cjal-3321	522	20	corruption	corruption	NOUN
cjal-3321	522	21	within	within	ADP
cjal-3321	522	22	the	the	DET
cjal-3321	522	23	judiciary	judiciary	NOUN
cjal-3321	522	24	.	.	PUNCT
cjal-3321	522	25	'	'	PUNCT
cjal-3321	523	1	°	°	NUM
cjal-3321	524	1	and	and	CCONJ
cjal-3321	524	2	although	although	SCONJ
cjal-3321	524	3	china	china	PROPN
cjal-3321	524	4	's	's	PART
cjal-3321	524	5	achievements	achievement	NOUN
cjal-3321	524	6	in	in	ADP
cjal-3321	524	7	legal	legal	ADJ
cjal-3321	524	8	reform	reform	NOUN
cjal-3321	524	9	have	have	AUX
cjal-3321	524	10	been	be	AUX
cjal-3321	524	11	stunning	stunning	ADJ
cjal-3321	524	12	in	in	ADP
cjal-3321	524	13	the	the	DET
cjal-3321	524	14	past	past	ADJ
cjal-3321	524	15	decades	decade	NOUN
cjal-3321	524	16	,	,	PUNCT
cjal-3321	524	17	'	'	PUNCT
cjal-3321	524	18	"	"	PUNCT
cjal-3321	524	19	'	'	PUNCT
cjal-3321	524	20	the	the	DET
cjal-3321	524	21	capabilities	capability	NOUN
cjal-3321	524	22	of	of	ADP
cjal-3321	524	23	the	the	DET
cjal-3321	524	24	judiciary	judiciary	NOUN
cjal-3321	524	25	in	in	ADP
cjal-3321	524	26	economically	economically	ADV
cjal-3321	524	27	developed	developed	ADJ
cjal-3321	524	28	and	and	CCONJ
cjal-3321	524	29	developing	develop	VERB
cjal-3321	524	30	areas	area	NOUN
cjal-3321	524	31	are	be	AUX
cjal-3321	524	32	still	still	ADV
cjal-3321	524	33	asymmetric	asymmetric	ADJ
cjal-3321	524	34	.	.	PUNCT
cjal-3321	524	35	'	'	PUNCT
cjal-3321	525	1	2	2	NUM
cjal-3321	525	2	another	another	DET
cjal-3321	525	3	area	area	NOUN
cjal-3321	525	4	that	that	PRON
cjal-3321	525	5	suffers	suffer	VERB
cjal-3321	525	6	from	from	ADP
cjal-3321	525	7	poor	poor	ADJ
cjal-3321	525	8	drafting	drafting	NOUN
cjal-3321	525	9	,	,	PUNCT
cjal-3321	525	10	as	as	SCONJ
cjal-3321	525	11	discussed	discuss	VERB
cjal-3321	525	12	earlier	early	ADV
cjal-3321	525	13	,	,	PUNCT
cjal-3321	525	14	is	be	AUX
cjal-3321	525	15	the	the	DET
cjal-3321	525	16	outsourcing	outsourcing	NOUN
cjal-3321	525	17	requirement	requirement	NOUN
cjal-3321	525	18	.	.	PUNCT
cjal-3321	526	1	although	although	SCONJ
cjal-3321	526	2	one	one	NUM
cjal-3321	526	3	provision	provision	NOUN
cjal-3321	526	4	in	in	ADP
cjal-3321	526	5	the	the	DET
cjal-3321	526	6	measures	measure	NOUN
cjal-3321	526	7	requires	require	VERB
cjal-3321	526	8	the	the	DET
cjal-3321	526	9	board	board	NOUN
cjal-3321	526	10	of	of	ADP
cjal-3321	526	11	a	a	DET
cjal-3321	526	12	target	target	NOUN
cjal-3321	526	13	to	to	PART
cjal-3321	526	14	seek	seek	VERB
cjal-3321	526	15	opinions	opinion	NOUN
cjal-3321	526	16	from	from	ADP
cjal-3321	526	17	outside	outside	ADJ
cjal-3321	526	18	consultants	consultant	NOUN
cjal-3321	526	19	,	,	PUNCT
cjal-3321	526	20	it	it	PRON
cjal-3321	526	21	does	do	AUX
cjal-3321	526	22	not	not	PART
cjal-3321	526	23	specify	specify	VERB
cjal-3321	526	24	the	the	DET
cjal-3321	526	25	legal	legal	ADJ
cjal-3321	526	26	consequences	consequence	NOUN
cjal-3321	526	27	of	of	ADP
cjal-3321	526	28	failing	fail	VERB
cjal-3321	526	29	to	to	PART
cjal-3321	526	30	do	do	VERB
cjal-3321	526	31	so	so	ADV
cjal-3321	526	32	and	and	CCONJ
cjal-3321	526	33	the	the	DET
cjal-3321	526	34	connection	connection	NOUN
cjal-3321	526	35	to	to	ADP
cjal-3321	526	36	the	the	DET
cjal-3321	526	37	fiduciary	fiduciary	ADJ
cjal-3321	526	38	duty	duty	NOUN
cjal-3321	526	39	rule	rule	NOUN
cjal-3321	526	40	.	.	PUNCT
cjal-3321	527	1	"3	"3	NOUN
cjal-3321	527	2	admittedly	admittedly	ADV
cjal-3321	527	3	,	,	PUNCT
cjal-3321	527	4	the	the	DET
cjal-3321	527	5	judiciary	judiciary	NOUN
cjal-3321	527	6	has	have	AUX
cjal-3321	527	7	already	already	ADV
cjal-3321	527	8	incorporated	incorporate	VERB
cjal-3321	527	9	the	the	DET
cjal-3321	527	10	outsourcing	outsourcing	NOUN
cjal-3321	527	11	requirement	requirement	NOUN
cjal-3321	527	12	into	into	ADP
cjal-3321	527	13	fiduciary	fiduciary	ADJ
cjal-3321	527	14	duty	duty	NOUN
cjal-3321	527	15	adjudication	adjudication	NOUN
cjal-3321	527	16	and	and	CCONJ
cjal-3321	527	17	ruled	rule	VERB
cjal-3321	527	18	that	that	DET
cjal-3321	527	19	failure	failure	NOUN
cjal-3321	527	20	to	to	PART
cjal-3321	527	21	meet	meet	VERB
cjal-3321	527	22	this	this	DET
cjal-3321	527	23	requirement	requirement	NOUN
cjal-3321	527	24	may	may	AUX
cjal-3321	527	25	render	render	VERB
cjal-3321	527	26	the	the	DET
cjal-3321	527	27	business	business	NOUN
cjal-3321	527	28	judgment	judgment	NOUN
cjal-3321	527	29	rule	rule	NOUN
cjal-3321	527	30	inapplicable	inapplicable	ADJ
cjal-3321	527	31	such	such	ADJ
cjal-3321	527	32	that	that	SCONJ
cjal-3321	527	33	senior	senior	ADJ
cjal-3321	527	34	executives	executive	NOUN
cjal-3321	527	35	can	can	AUX
cjal-3321	527	36	not	not	PART
cjal-3321	527	37	shield	shield	VERB
cjal-3321	527	38	themselves	themselves	PRON
cjal-3321	527	39	from	from	ADP
cjal-3321	527	40	judicial	judicial	ADJ
cjal-3321	527	41	scrutiny	scrutiny	NOUN
cjal-3321	527	42	.	.	PUNCT
cjal-3321	528	1	"24	"24	PROPN
cjal-3321	528	2	however	however	ADV
cjal-3321	528	3	,	,	PUNCT
cjal-3321	528	4	such	such	ADJ
cjal-3321	528	5	practice	practice	NOUN
cjal-3321	528	6	has	have	VERB
cjal-3321	528	7	no	no	DET
cjal-3321	528	8	direct	direct	ADJ
cjal-3321	528	9	support	support	NOUN
cjal-3321	528	10	from	from	ADP
cjal-3321	528	11	chinese	chinese	ADJ
cjal-3321	528	12	law	law	NOUN
cjal-3321	528	13	and	and	CCONJ
cjal-3321	528	14	can	can	AUX
cjal-3321	528	15	only	only	ADV
cjal-3321	528	16	be	be	AUX
cjal-3321	528	17	explained	explain	VERB
cjal-3321	528	18	as	as	ADP
cjal-3321	528	19	a	a	DET
cjal-3321	528	20	result	result	NOUN
cjal-3321	528	21	of	of	ADP
cjal-3321	528	22	the	the	DET
cjal-3321	528	23	influence	influence	NOUN
cjal-3321	528	24	of	of	ADP
cjal-3321	528	25	american	american	ADJ
cjal-3321	528	26	practice	practice	NOUN
cjal-3321	528	27	in	in	ADP
cjal-3321	528	28	china	china	PROPN
cjal-3321	528	29	.	.	PUNCT
cjal-3321	529	1	third	third	ADV
cjal-3321	529	2	,	,	PUNCT
cjal-3321	529	3	the	the	DET
cjal-3321	529	4	requirement	requirement	NOUN
cjal-3321	529	5	that	that	SCONJ
cjal-3321	529	6	shareholders	shareholder	NOUN
cjal-3321	529	7	must	must	AUX
cjal-3321	529	8	exhaust	exhaust	VERB
cjal-3321	529	9	internal	internal	ADJ
cjal-3321	529	10	remedies	remedy	NOUN
cjal-3321	529	11	before	before	ADP
cjal-3321	529	12	bringing	bring	VERB
cjal-3321	529	13	a	a	DET
cjal-3321	529	14	derivative	derivative	ADJ
cjal-3321	529	15	lawsuit	lawsuit	NOUN
cjal-3321	529	16	further	far	ADV
cjal-3321	529	17	discourages	discourage	VERB
cjal-3321	529	18	private	private	ADJ
cjal-3321	529	19	enforcement	enforcement	NOUN
cjal-3321	529	20	by	by	ADP
cjal-3321	529	21	imposing	impose	VERB
cjal-3321	529	22	an	an	DET
cjal-3321	529	23	unnecessary	unnecessary	ADJ
cjal-3321	529	24	burden	burden	NOUN
cjal-3321	529	25	on	on	ADP
cjal-3321	529	26	shareholders	shareholder	NOUN
cjal-3321	529	27	.	.	PUNCT
cjal-3321	530	1	under	under	ADP
cjal-3321	530	2	the	the	DET
cjal-3321	530	3	company	company	NOUN
cjal-3321	530	4	chen	chen	PROPN
cjal-3321	530	5	yunying	yunying	PROPN
cjal-3321	530	6	(	(	PUNCT
cjal-3321	530	7	1ifa	1ifa	PROPN
cjal-3321	530	8	>	>	NOUN
cjal-3321	530	9	z	z	NOUN
cjal-3321	530	10	)	)	PUNCT
cjal-3321	530	11	,	,	PUNCT
cjal-3321	530	12	lun	lun	PROPN
cjal-3321	530	13	gudong	gudong	PROPN
cjal-3321	530	14	biaojuquan	biaojuquan	PROPN
cjal-3321	530	15	zhengji	zhengji	PROPN
cjal-3321	530	16	zhidu	zhidu	PROPN
cjal-3321	530	17	de	de	X
cjal-3321	530	18	wanshan	wanshan	PROPN
cjal-3321	530	19	(	(	PUNCT
cjal-3321	530	20	i.)i	i.)i	NOUN
cjal-3321	530	21	ai	ai	AUX
cjal-3321	530	22	z-~	z-~	PROPN
cjal-3321	530	23	~.k	~.k	X
cjal-3321	530	24	)	)	PUNCT
cjal-3321	530	25	-ut	-ut	ADP
cjal-3321	530	26	l	l	NOUN
cjal-3321	530	27	)	)	PUNCT
cjal-3321	531	1	[	[	X
cjal-3321	531	2	a	a	DET
cjal-3321	531	3	discussion	discussion	NOUN
cjal-3321	531	4	on	on	ADP
cjal-3321	531	5	improving	improve	VERB
cjal-3321	531	6	shareholder	shareholder	NOUN
cjal-3321	531	7	proxy	proxy	NOUN
cjal-3321	531	8	contests	contest	NOUN
cjal-3321	531	9	]	]	PUNCT
cjal-3321	531	10	,	,	PUNCT
cjal-3321	531	11	shangchang	shangchang	PROPN
cjal-3321	531	12	xiandaihua	xiandaihua	PROPN
cjal-3321	531	13	(	(	PUNCT
cjal-3321	531	14	i0i)j	i0i)j	PROPN
cjal-3321	531	15	%	%	X
cjal-3321	531	16	lyt	lyt	PROPN
cjal-3321	531	17	)	)	PUNCT
cjal-3321	532	1	[	[	X
cjal-3321	532	2	market	market	NOUN
cjal-3321	532	3	modernization	modernization	NOUN
cjal-3321	532	4	]	]	PUNCT
cjal-3321	532	5	,	,	PUNCT
cjal-3321	532	6	no	no	INTJ
cjal-3321	532	7	.	.	NOUN
cjal-3321	532	8	495	495	NUM
cjal-3321	532	9	,	,	PUNCT
cjal-3321	532	10	2007	2007	NUM
cjal-3321	532	11	,	,	PUNCT
cjal-3321	532	12	at	at	ADP
cjal-3321	532	13	284	284	NUM
cjal-3321	532	14	.	.	PUNCT
cjal-3321	533	1	"	"	PUNCT
cjal-3321	533	2	,	,	PUNCT
cjal-3321	533	3	9	9	NUM
cjal-3321	533	4	see	see	VERB
cjal-3321	533	5	weng	weng	PROPN
cjal-3321	533	6	,	,	PUNCT
cjal-3321	533	7	supra	supra	PROPN
cjal-3321	533	8	note	note	PROPN
cjal-3321	533	9	55	55	NUM
cjal-3321	533	10	.	.	PUNCT
cjal-3321	534	1	'	'	NUM
cjal-3321	534	2	2	2	NUM
cjal-3321	534	3	see	see	VERB
cjal-3321	534	4	weng	weng	PROPN
cjal-3321	534	5	,	,	PUNCT
cjal-3321	534	6	supra	supra	PROPN
cjal-3321	534	7	note	note	PROPN
cjal-3321	534	8	19	19	NUM
cjal-3321	534	9	,	,	PUNCT
cjal-3321	534	10	at	at	ADP
cjal-3321	534	11	142	142	NUM
cjal-3321	534	12	.	.	PUNCT
cjal-3321	535	1	121	121	NUM
cjal-3321	535	2	xia	xia	PROPN
cjal-3321	535	3	jinwen	jinwen	PROPN
cjal-3321	535	4	(	(	PUNCT
cjal-3321	535	5	oi!l	oi!l	PROPN
cjal-3321	535	6	c	c	PROPN
cjal-3321	535	7	)	)	PUNCT
cjal-3321	535	8	,	,	PUNCT
cjal-3321	535	9	dangdai	dangdai	PROPN
cjal-3321	535	10	zhongguo	zhongguo	PROPN
cjal-3321	535	11	sifa	sifa	PROPN
cjal-3321	535	12	gaige	gaige	PROPN
cjal-3321	535	13	:	:	PUNCT
cjal-3321	535	14	chengjiu	chengjiu	ADJ
cjal-3321	535	15	,	,	PUNCT
cjal-3321	535	16	wenti	wenti	VERB
cjal-3321	535	17	yu	yu	PROPN
cjal-3321	535	18	chulu	chulu	PROPN
cjal-3321	535	19	-	-	PUNCT
cjal-3321	535	20	yi	yi	PROPN
cjal-3321	535	21	renmin	renmin	PROPN
cjal-3321	535	22	fayuan	fayuan	PROPN
cjal-3321	535	23	wei	wei	PROPN
cjal-3321	535	24	zhongxin	zhongxin	PROPN
cjal-3321	535	25	de	de	PROPN
cjal-3321	535	26	fenxi	fenxi	PROPN
cjal-3321	535	27	(	(	PUNCT
cjal-3321	535	28	f&ai	f&ai	NOUN
cjal-3321	535	29	:	:	PUNCT
cjal-3321	535	30	[	[	X
cjal-3321	535	31	]	]	X
cjal-3321	535	32	]	]	X
cjal-3321	535	33	:	:	PUNCT
cjal-3321	535	34	l	l	NOUN
cjal-3321	535	35	,	,	PUNCT
cjal-3321	535	36	j	j	NOUN
cjal-3321	535	37	:	:	PUNCT
cjal-3321	535	38	'	'	PUNCT
cjal-3321	535	39	l	l	NOUN
cjal-3321	535	40	-x	-x	X
cjal-3321	535	41	f	f	X
cjal-3321	535	42	i	i	PROPN
cjal-3321	535	43	l2,j	l2,j	PROPN
cjal-3321	535	44	l:,it	l:,it	PROPN
cjal-3321	535	45	"	"	PUNCT
cjal-3321	535	46	v	v	NOUN
cjal-3321	535	47	i	i	NOUN
cjal-3321	535	48	)	)	PUNCT
cjal-3321	536	1	[	[	X
cjal-3321	536	2	legal	legal	ADJ
cjal-3321	536	3	reform	reform	NOUN
cjal-3321	536	4	in	in	ADP
cjal-3321	536	5	contemporary	contemporary	ADJ
cjal-3321	536	6	china	china	PROPN
cjal-3321	536	7	:	:	PUNCT
cjal-3321	536	8	achievements	achievement	NOUN
cjal-3321	536	9	,	,	PUNCT
cjal-3321	536	10	problems	problem	NOUN
cjal-3321	536	11	and	and	CCONJ
cjal-3321	536	12	solutions	solution	NOUN
cjal-3321	536	13	-	-	PUNCT
cjal-3321	536	14	an	an	DET
cjal-3321	536	15	analysis	analysis	NOUN
cjal-3321	536	16	based	base	VERB
cjal-3321	536	17	on	on	ADP
cjal-3321	536	18	the	the	DET
cjal-3321	536	19	people	people	NOUN
cjal-3321	536	20	's	's	PART
cjal-3321	536	21	court	court	NOUN
cjal-3321	536	22	]	]	PUNCT
cjal-3321	536	23	,	,	PUNCT
cjal-3321	536	24	zhongguo	zhongguo	PROPN
cjal-3321	536	25	faxue	faxue	PROPN
cjal-3321	536	26	(	(	PUNCT
cjal-3321	536	27	4	4	NUM
cjal-3321	536	28	ml	ml	NOUN
cjal-3321	536	29	'	'	PUNCT
cjal-3321	536	30	-	-	PUNCT
cjal-3321	536	31	)	)	PUNCT
cjal-3321	537	1	[	[	X
cjal-3321	537	2	chilna	chilna	ADJ
cjal-3321	537	3	legal	legal	ADJ
cjal-3321	537	4	scil	scil	NOUN
cjal-3321	537	5	.	.	PUNCT
cjal-3321	538	1	]	]	X
cjal-3321	538	2	,	,	PUNCT
cjal-3321	538	3	no	no	INTJ
cjal-3321	538	4	.	.	NOUN
cjal-3321	538	5	1	1	NUM
cjal-3321	538	6	,	,	PUNCT
cjal-3321	538	7	2010	2010	NUM
cjal-3321	538	8	,	,	PUNCT
cjal-3321	538	9	at	at	ADP
cjal-3321	538	10	17	17	NUM
cjal-3321	538	11	.	.	PUNCT
cjal-3321	538	12	'	'	NUM
cjal-3321	538	13	2	2	NUM
cjal-3321	538	14	2	2	NUM
cjal-3321	538	15	xiao	xiao	PROPN
cjal-3321	538	16	yang	yang	PROPN
cjal-3321	538	17	(	(	PUNCT
cjal-3321	538	18	i	i	PROPN
cjal-3321	538	19	-	-	PUNCT
cjal-3321	538	20	jj	jj	PROPN
cjal-3321	538	21	)	)	PUNCT
cjal-3321	538	22	,	,	PUNCT
cjal-3321	538	23	zhongguo	zhongguo	PROPN
cjal-3321	538	24	sifa	sifa	PROPN
cjal-3321	538	25	gaige	gaige	PROPN
cjal-3321	538	26	de	de	PROPN
cjal-3321	538	27	chengji	chengji	PROPN
cjal-3321	538	28	yu	yu	PROPN
cjal-3321	538	29	fazhan	fazhan	PROPN
cjal-3321	538	30	qushi	qushi	PROPN
cjal-3321	538	31	(	(	PUNCT
cjal-3321	538	32	fp11	fp11	PROPN
cjal-3321	538	33	-	-	PUNCT
cjal-3321	538	34	1	1	NUM
cjal-3321	539	1	[	[	NOUN
cjal-3321	539	2	achievements	achievement	NOUN
cjal-3321	539	3	and	and	CCONJ
cjal-3321	539	4	developing	develop	VERB
cjal-3321	539	5	trends	trend	NOUN
cjal-3321	539	6	in	in	ADP
cjal-3321	539	7	chinese	chinese	ADJ
cjal-3321	539	8	legal	legal	ADJ
cjal-3321	539	9	reforml	reforml	NOUN
cjal-3321	539	10	,	,	PUNCT
cjal-3321	539	11	renmin	renmin	PROPN
cjal-3321	539	12	sifa	sifa	PROPN
cjal-3321	539	13	(	(	PUNCT
cjal-3321	539	14	a[rfl	a[rfl	PROPN
cjal-3321	539	15	)	)	PUNCT
cjal-3321	540	1	[	[	X
cjal-3321	540	2	people	people	NOUN
cjal-3321	540	3	's	's	PART
cjal-3321	540	4	judicature	judicature	NOUN
cjal-3321	540	5	]	]	X
cjal-3321	540	6	,	,	PUNCT
cjal-3321	540	7	no	no	INTJ
cjal-3321	540	8	.	.	NOUN
cjal-3321	540	9	13	13	NUM
cjal-3321	540	10	,	,	PUNCT
cjal-3321	540	11	2007	2007	NUM
cjal-3321	540	12	,	,	PUNCT
cjal-3321	540	13	at	at	ADP
cjal-3321	540	14	4	4	NUM
cjal-3321	540	15	.	.	PUNCT
cjal-3321	540	16	see	see	VERB
cjal-3321	540	17	also	also	ADV
cjal-3321	540	18	xia	xia	PROPN
cjal-3321	540	19	,	,	PUNCT
cjal-3321	540	20	supra	supra	PROPN
cjal-3321	540	21	note	note	PROPN
cjal-3321	540	22	121	121	NUM
cjal-3321	540	23	.	.	SYM
cjal-3321	540	24	13	13	NUM
cjal-3321	540	25	see	see	VERB
cjal-3321	540	26	measures	measure	NOUN
cjal-3321	540	27	for	for	ADP
cjal-3321	540	28	administration	administration	NOUN
cjal-3321	540	29	of	of	ADP
cjal-3321	540	30	takeovers	takeover	NOUN
cjal-3321	540	31	,	,	PUNCT
cjal-3321	540	32	supra	supra	PROPN
cjal-3321	540	33	note	note	NOUN
cjal-3321	540	34	6	6	NUM
cjal-3321	540	35	,	,	PUNCT
cjal-3321	540	36	art	art	NOUN
cjal-3321	540	37	.	.	PUNCT
cjal-3321	541	1	31	31	NUM
cjal-3321	541	2	.	.	X
cjal-3321	541	3	124	124	NUM
cjal-3321	541	4	interview	interview	NOUN
cjal-3321	541	5	with	with	ADP
cjal-3321	541	6	anonymous	anonymous	ADJ
cjal-3321	541	7	chief	chief	ADJ
cjal-3321	541	8	director	director	NOUN
cjal-3321	541	9	of	of	ADP
cjal-3321	541	10	the	the	DET
cjal-3321	541	11	financial	financial	ADJ
cjal-3321	541	12	adjudication	adjudication	NOUN
cjal-3321	541	13	court	court	NOUN
cjal-3321	541	14	,	,	PUNCT
cjal-3321	541	15	shanghai	shanghai	PROPN
cjal-3321	541	16	first	first	PROPN
cjal-3321	541	17	intermediate	intermediate	PROPN
cjal-3321	541	18	ct	ct	PROPN
cjal-3321	541	19	.	.	PUNCT
cjal-3321	542	1	(	(	PUNCT
cjal-3321	542	2	mar	mar	PROPN
cjal-3321	542	3	.	.	PROPN
cjal-3321	542	4	3	3	NUM
cjal-3321	542	5	,	,	PUNCT
cjal-3321	542	6	2010	2010	NUM
cjal-3321	542	7	)	)	PUNCT
cjal-3321	542	8	.	.	PUNCT
cjal-3321	543	1	205	205	NUM
cjal-3321	543	2	columbia	columbia	PROPN
cjal-3321	543	3	journal	journal	PROPN
cjal-3321	543	4	ofasian	ofasian	ADJ
cjal-3321	543	5	law	law	NOUN
cjal-3321	543	6	,	,	PUNCT
cjal-3321	543	7	vol	vol	NOUN
cjal-3321	543	8	.	.	PROPN
cjal-3321	543	9	25	25	NUM
cjal-3321	543	10	,	,	PUNCT
cjal-3321	543	11	no	no	INTJ
cjal-3321	543	12	.	.	NOUN
cjal-3321	543	13	2	2	NUM
cjal-3321	543	14	(	(	PUNCT
cjal-3321	543	15	2012	2012	NUM
cjal-3321	543	16	)	)	PUNCT
cjal-3321	543	17	law	law	NOUN
cjal-3321	543	18	,	,	PUNCT
cjal-3321	543	19	shareholders	shareholder	NOUN
cjal-3321	543	20	must	must	AUX
cjal-3321	543	21	demand	demand	VERB
cjal-3321	543	22	that	that	SCONJ
cjal-3321	543	23	the	the	DET
cjal-3321	543	24	board	board	NOUN
cjal-3321	543	25	of	of	ADP
cjal-3321	543	26	directors	director	NOUN
cjal-3321	543	27	or	or	CCONJ
cjal-3321	543	28	board	board	NOUN
cjal-3321	543	29	of	of	ADP
cjal-3321	543	30	supervisors	supervisor	NOUN
cjal-3321	543	31	address	address	VERB
cjal-3321	543	32	their	their	PRON
cjal-3321	543	33	claim	claim	NOUN
cjal-3321	543	34	before	before	ADP
cjal-3321	543	35	proceeding	proceed	VERB
cjal-3321	543	36	to	to	ADP
cjal-3321	543	37	courts	court	NOUN
cjal-3321	543	38	themselves	themselves	PRON
cjal-3321	543	39	.	.	PUNCT
cjal-3321	544	1	25	25	NUM
cjal-3321	544	2	this	this	DET
cjal-3321	544	3	demand	demand	NOUN
cjal-3321	544	4	requirement	requirement	NOUN
cjal-3321	544	5	mirrors	mirror	VERB
cjal-3321	544	6	the	the	DET
cjal-3321	544	7	prevailing	prevail	VERB
cjal-3321	544	8	rule	rule	NOUN
cjal-3321	544	9	in	in	ADP
cjal-3321	544	10	the	the	DET
cjal-3321	544	11	united	united	PROPN
cjal-3321	544	12	states	states	PROPN
cjal-3321	544	13	,	,	PUNCT
cjal-3321	544	14	where	where	SCONJ
cjal-3321	544	15	many	many	ADJ
cjal-3321	544	16	states	state	NOUN
cjal-3321	544	17	also	also	ADV
cjal-3321	544	18	require	require	VERB
cjal-3321	544	19	shareholders	shareholder	NOUN
cjal-3321	544	20	who	who	PRON
cjal-3321	544	21	want	want	VERB
cjal-3321	544	22	to	to	PART
cjal-3321	544	23	bring	bring	VERB
cjal-3321	544	24	a	a	DET
cjal-3321	544	25	derivative	derivative	ADJ
cjal-3321	544	26	suit	suit	NOUN
cjal-3321	544	27	to	to	PART
cjal-3321	544	28	first	first	ADV
cjal-3321	544	29	make	make	VERB
cjal-3321	544	30	a	a	DET
cjal-3321	544	31	demand	demand	NOUN
cjal-3321	544	32	on	on	ADP
cjal-3321	544	33	the	the	DET
cjal-3321	544	34	board	board	NOUN
cjal-3321	544	35	,	,	PUNCT
cjal-3321	544	36	unless	unless	SCONJ
cjal-3321	544	37	demand	demand	NOUN
cjal-3321	544	38	would	would	AUX
cjal-3321	544	39	be	be	AUX
cjal-3321	544	40	futile.26	futile.26	ADJ
cjal-3321	544	41	on	on	ADP
cjal-3321	544	42	its	its	PRON
cjal-3321	544	43	face	face	NOUN
cjal-3321	544	44	,	,	PUNCT
cjal-3321	544	45	the	the	DET
cjal-3321	544	46	chinese	chinese	ADJ
cjal-3321	544	47	rule	rule	NOUN
cjal-3321	544	48	appears	appear	VERB
cjal-3321	544	49	more	more	ADJ
cjal-3321	544	50	shareholder	shareholder	NOUN
cjal-3321	544	51	-	-	PUNCT
cjal-3321	544	52	friendly	friendly	ADJ
cjal-3321	544	53	than	than	ADP
cjal-3321	544	54	its	its	PRON
cjal-3321	544	55	american	american	ADJ
cjal-3321	544	56	counterpart	counterpart	NOUN
cjal-3321	544	57	.	.	PUNCT
cjal-3321	545	1	whereas	whereas	SCONJ
cjal-3321	545	2	shareholders	shareholder	NOUN
cjal-3321	545	3	may	may	AUX
cjal-3321	545	4	not	not	PART
cjal-3321	545	5	bring	bring	VERB
cjal-3321	545	6	a	a	DET
cjal-3321	545	7	derivative	derivative	ADJ
cjal-3321	545	8	action	action	NOUN
cjal-3321	545	9	under	under	ADP
cjal-3321	545	10	the	the	DET
cjal-3321	545	11	american	american	ADJ
cjal-3321	545	12	rule	rule	NOUN
cjal-3321	545	13	if	if	SCONJ
cjal-3321	545	14	the	the	DET
cjal-3321	545	15	corporation	corporation	NOUN
cjal-3321	545	16	validly	validly	ADV
cjal-3321	545	17	rejects	reject	VERB
cjal-3321	545	18	the	the	DET
cjal-3321	545	19	shareholders	shareholder	NOUN
cjal-3321	545	20	'	'	PART
cjal-3321	545	21	demand	demand	NOUN
cjal-3321	545	22	,	,	PUNCT
cjal-3321	545	23	shareholders	shareholder	NOUN
cjal-3321	545	24	can	can	AUX
cjal-3321	545	25	bring	bring	VERB
cjal-3321	545	26	a	a	DET
cjal-3321	545	27	derivative	derivative	ADJ
cjal-3321	545	28	lawsuit	lawsuit	NOUN
cjal-3321	545	29	under	under	ADP
cjal-3321	545	30	the	the	DET
cjal-3321	545	31	chinese	chinese	ADJ
cjal-3321	545	32	rule	rule	NOUN
cjal-3321	545	33	regardless	regardless	ADV
cjal-3321	545	34	of	of	ADP
cjal-3321	545	35	the	the	DET
cjal-3321	545	36	company	company	NOUN
cjal-3321	545	37	's	's	PART
cjal-3321	545	38	response	response	NOUN
cjal-3321	545	39	thirty	thirty	NUM
cjal-3321	545	40	days	day	NOUN
cjal-3321	545	41	after	after	ADP
cjal-3321	545	42	the	the	DET
cjal-3321	545	43	board	board	NOUN
cjal-3321	545	44	's	's	PART
cjal-3321	545	45	receipt	receipt	NOUN
cjal-3321	545	46	of	of	ADP
cjal-3321	545	47	their	their	PRON
cjal-3321	545	48	demand	demand	NOUN
cjal-3321	545	49	.	.	PUNCT
cjal-3321	545	50	'	'	PUNCT
cjal-3321	546	1	7	7	NUM
cjal-3321	546	2	but	but	CCONJ
cjal-3321	546	3	despite	despite	SCONJ
cjal-3321	546	4	initial	initial	ADJ
cjal-3321	546	5	appearances	appearance	NOUN
cjal-3321	546	6	,	,	PUNCT
cjal-3321	546	7	the	the	DET
cjal-3321	546	8	chinese	chinese	ADJ
cjal-3321	546	9	rule	rule	NOUN
cjal-3321	546	10	is	be	AUX
cjal-3321	546	11	actually	actually	ADV
cjal-3321	546	12	management	management	NOUN
cjal-3321	546	13	-	-	PUNCT
cjal-3321	546	14	friendly	friendly	ADJ
cjal-3321	546	15	.	.	PUNCT
cjal-3321	547	1	in	in	ADP
cjal-3321	547	2	the	the	DET
cjal-3321	547	3	united	united	PROPN
cjal-3321	547	4	states	states	PROPN
cjal-3321	547	5	,	,	PUNCT
cjal-3321	547	6	many	many	ADJ
cjal-3321	547	7	states	state	NOUN
cjal-3321	547	8	permit	permit	VERB
cjal-3321	547	9	corporations	corporation	NOUN
cjal-3321	547	10	to	to	PART
cjal-3321	547	11	appoint	appoint	VERB
cjal-3321	547	12	an	an	DET
cjal-3321	547	13	independent	independent	ADJ
cjal-3321	547	14	and	and	CCONJ
cjal-3321	547	15	disinterested	disinterested	ADJ
cjal-3321	547	16	-committee	-committee	NOUN
cjal-3321	547	17	of	of	ADP
cjal-3321	547	18	directors	director	NOUN
cjal-3321	547	19	to	to	PART
cjal-3321	547	20	evaluate	evaluate	VERB
cjal-3321	547	21	the	the	DET
cjal-3321	547	22	shareholders	shareholder	NOUN
cjal-3321	547	23	'	'	PART
cjal-3321	547	24	demand	demand	NOUN
cjal-3321	547	25	and	and	CCONJ
cjal-3321	547	26	decide	decide	VERB
cjal-3321	547	27	whether	whether	SCONJ
cjal-3321	547	28	the	the	DET
cjal-3321	547	29	suit	suit	NOUN
cjal-3321	547	30	should	should	AUX
cjal-3321	547	31	be	be	AUX
cjal-3321	547	32	pursued	pursue	VERB
cjal-3321	547	33	.	.	PUNCT
cjal-3321	548	1	in	in	ADP
cjal-3321	548	2	reviewing	review	VERB
cjal-3321	548	3	such	such	ADJ
cjal-3321	548	4	conclusion	conclusion	NOUN
cjal-3321	548	5	,	,	PUNCT
cjal-3321	548	6	courts	court	NOUN
cjal-3321	548	7	often	often	ADV
cjal-3321	548	8	afford	afford	VERB
cjal-3321	548	9	the	the	DET
cjal-3321	548	10	committee	committee	NOUN
cjal-3321	548	11	the	the	DET
cjal-3321	548	12	protection	protection	NOUN
cjal-3321	548	13	of	of	ADP
cjal-3321	548	14	the	the	DET
cjal-3321	548	15	business	business	NOUN
cjal-3321	548	16	judgment	judgment	NOUN
cjal-3321	548	17	rule	rule	NOUN
cjal-3321	548	18	and	and	CCONJ
cjal-3321	548	19	terminate	terminate	VERB
cjal-3321	548	20	the	the	DET
cjal-3321	548	21	action	action	NOUN
cjal-3321	548	22	before	before	ADP
cjal-3321	548	23	trial	trial	NOUN
cjal-3321	548	24	if	if	SCONJ
cjal-3321	548	25	the	the	DET
cjal-3321	548	26	decision	decision	NOUN
cjal-3321	548	27	is	be	AUX
cjal-3321	548	28	a	a	DET
cjal-3321	548	29	well	well	ADV
cjal-3321	548	30	-	-	PUNCT
cjal-3321	548	31	informed	inform	VERB
cjal-3321	548	32	one	one	NUM
cjal-3321	548	33	.	.	PUNCT
cjal-3321	549	1	in	in	ADP
cjal-3321	549	2	china	china	PROPN
cjal-3321	549	3	,	,	PUNCT
cjal-3321	549	4	however	however	ADV
cjal-3321	549	5	,	,	PUNCT
cjal-3321	549	6	the	the	DET
cjal-3321	549	7	business	business	NOUN
cjal-3321	549	8	judgment	judgment	NOUN
cjal-3321	549	9	rule	rule	NOUN
cjal-3321	549	10	has	have	AUX
cjal-3321	549	11	not	not	PART
cjal-3321	549	12	been	be	AUX
cjal-3321	549	13	recognized	recognize	VERB
cjal-3321	549	14	and	and	CCONJ
cjal-3321	549	15	is	be	AUX
cjal-3321	549	16	still	still	ADV
cjal-3321	549	17	developing	develop	VERB
cjal-3321	549	18	in	in	ADP
cjal-3321	549	19	practice	practice	NOUN
cjal-3321	549	20	.	.	PUNCT
cjal-3321	550	1	the	the	DET
cjal-3321	550	2	uncertainty	uncertainty	NOUN
cjal-3321	550	3	in	in	ADP
cjal-3321	550	4	the	the	DET
cjal-3321	550	5	rule	rule	NOUN
cjal-3321	550	6	's	's	PART
cjal-3321	550	7	application	application	NOUN
cjal-3321	550	8	disincentivizes	disincentivize	VERB
cjal-3321	550	9	executives	executive	NOUN
cjal-3321	550	10	from	from	ADP
cjal-3321	550	11	adopting	adopt	VERB
cjal-3321	550	12	procedures	procedure	NOUN
cjal-3321	550	13	that	that	PRON
cjal-3321	550	14	would	would	AUX
cjal-3321	550	15	make	make	VERB
cjal-3321	550	16	the	the	DET
cjal-3321	550	17	internal	internal	ADJ
cjal-3321	550	18	remedy	remedy	NOUN
cjal-3321	550	19	requirement	requirement	NOUN
cjal-3321	550	20	meaningful	meaningful	ADJ
cjal-3321	550	21	.	.	PUNCT
cjal-3321	551	1	since	since	SCONJ
cjal-3321	551	2	establishing	establish	VERB
cjal-3321	551	3	an	an	DET
cjal-3321	551	4	independent	independent	ADJ
cjal-3321	551	5	committee	committee	NOUN
cjal-3321	551	6	does	do	AUX
cjal-3321	551	7	not	not	PART
cjal-3321	551	8	necessarily	necessarily	ADV
cjal-3321	551	9	trigger	trigger	VERB
cjal-3321	551	10	the	the	DET
cjal-3321	551	11	business	business	NOUN
cjal-3321	551	12	judgment	judgment	NOUN
cjal-3321	551	13	rule	rule	NOUN
cjal-3321	551	14	,	,	PUNCT
cjal-3321	551	15	directors	director	NOUN
cjal-3321	551	16	find	find	VERB
cjal-3321	551	17	no	no	DET
cjal-3321	551	18	reasons	reason	NOUN
cjal-3321	551	19	to	to	PART
cjal-3321	551	20	adopt	adopt	VERB
cjal-3321	551	21	this	this	DET
cjal-3321	551	22	practice	practice	NOUN
cjal-3321	551	23	.	.	PUNCT
cjal-3321	552	1	instead	instead	ADV
cjal-3321	552	2	,	,	PUNCT
cjal-3321	552	3	the	the	DET
cjal-3321	552	4	board	board	NOUN
cjal-3321	552	5	would	would	AUX
cjal-3321	552	6	rather	rather	ADV
cjal-3321	552	7	judge	judge	VERB
cjal-3321	552	8	the	the	DET
cjal-3321	552	9	claims	claim	NOUN
cjal-3321	552	10	on	on	ADP
cjal-3321	552	11	its	its	PRON
cjal-3321	552	12	own	own	ADJ
cjal-3321	552	13	,	,	PUNCT
cjal-3321	552	14	and	and	CCONJ
cjal-3321	552	15	very	very	ADV
cjal-3321	552	16	few	few	ADJ
cjal-3321	552	17	cases	case	NOUN
cjal-3321	552	18	ever	ever	ADV
cjal-3321	552	19	receive	receive	VERB
cjal-3321	552	20	support	support	NOUN
cjal-3321	552	21	from	from	ADP
cjal-3321	552	22	the	the	DET
cjal-3321	552	23	company	company	NOUN
cjal-3321	552	24	.	.	PUNCT
cjal-3321	553	1	the	the	DET
cjal-3321	553	2	demand	demand	NOUN
cjal-3321	553	3	requirement	requirement	NOUN
cjal-3321	553	4	under	under	ADP
cjal-3321	553	5	the	the	DET
cjal-3321	553	6	company	company	NOUN
cjal-3321	553	7	law	law	NOUN
cjal-3321	553	8	is	be	AUX
cjal-3321	553	9	therefore	therefore	ADV
cjal-3321	553	10	reduced	reduce	VERB
cjal-3321	553	11	to	to	ADP
cjal-3321	553	12	a	a	DET
cjal-3321	553	13	mere	mere	ADJ
cjal-3321	553	14	procedural	procedural	ADJ
cjal-3321	553	15	requirement	requirement	NOUN
cjal-3321	553	16	that	that	PRON
cjal-3321	553	17	gives	give	VERB
cjal-3321	553	18	the	the	DET
cjal-3321	553	19	board	board	NOUN
cjal-3321	553	20	a	a	DET
cjal-3321	553	21	thirty	thirty	NUM
cjal-3321	553	22	-	-	PUNCT
cjal-3321	553	23	day	day	NOUN
cjal-3321	553	24	notice	notice	NOUN
cjal-3321	553	25	to	to	PART
cjal-3321	553	26	prepare	prepare	VERB
cjal-3321	553	27	for	for	ADP
cjal-3321	553	28	the	the	DET
cjal-3321	553	29	impending	impending	ADJ
cjal-3321	553	30	lawsuit	lawsuit	NOUN
cjal-3321	553	31	.	.	PUNCT
cjal-3321	554	1	most	most	ADJ
cjal-3321	554	2	shareholders	shareholder	NOUN
cjal-3321	554	3	are	be	AUX
cjal-3321	554	4	also	also	ADV
cjal-3321	554	5	not	not	PART
cjal-3321	554	6	interested	interested	ADJ
cjal-3321	554	7	in	in	ADP
cjal-3321	554	8	fiduciary	fiduciary	ADJ
cjal-3321	554	9	duty	duty	NOUN
cjal-3321	554	10	litigation	litigation	NOUN
cjal-3321	554	11	in	in	ADP
cjal-3321	554	12	takeover	takeover	NOUN
cjal-3321	554	13	matters	matter	NOUN
cjal-3321	554	14	since	since	SCONJ
cjal-3321	554	15	they	they	PRON
cjal-3321	554	16	always	always	ADV
cjal-3321	554	17	need	need	VERB
cjal-3321	554	18	to	to	PART
cjal-3321	554	19	pay	pay	VERB
cjal-3321	554	20	for	for	ADP
cjal-3321	554	21	litigation	litigation	NOUN
cjal-3321	554	22	expenses	expense	NOUN
cjal-3321	554	23	on	on	ADP
cjal-3321	554	24	their	their	PRON
cjal-3321	554	25	own	own	ADJ
cjal-3321	554	26	beforehand	beforehand	ADV
cjal-3321	554	27	.	.	PUNCT
cjal-3321	555	1	b.	b.	PROPN
cjal-3321	555	2	shareholder	shareholder	NOUN
cjal-3321	555	3	-	-	PUNCT
cjal-3321	555	4	friendly	friendly	ADJ
cjal-3321	555	5	ortakeover	ortakeover	ADV
cjal-3321	555	6	-	-	PUNCT
cjal-3321	555	7	friendly	friendly	ADJ
cjal-3321	555	8	?	?	PUNCT
cjal-3321	556	1	given	give	VERB
cjal-3321	556	2	that	that	SCONJ
cjal-3321	556	3	the	the	DET
cjal-3321	556	4	private	private	ADJ
cjal-3321	556	5	enforcement	enforcement	NOUN
cjal-3321	556	6	scheme	scheme	NOUN
cjal-3321	556	7	is	be	AUX
cjal-3321	556	8	not	not	PART
cjal-3321	556	9	an	an	DET
cjal-3321	556	10	effective	effective	ADJ
cjal-3321	556	11	way	way	NOUN
cjal-3321	556	12	to	to	PART
cjal-3321	556	13	protect	protect	VERB
cjal-3321	556	14	shareholder	shareholder	NOUN
cjal-3321	556	15	interests	interest	NOUN
cjal-3321	556	16	,	,	PUNCT
cjal-3321	556	17	takeover	takeover	NOUN
cjal-3321	556	18	regulations	regulation	NOUN
cjal-3321	556	19	become	become	VERB
cjal-3321	556	20	crucial	crucial	ADJ
cjal-3321	556	21	tools	tool	NOUN
cjal-3321	556	22	to	to	PART
cjal-3321	556	23	warn	warn	VERB
cjal-3321	556	24	shareholders	shareholder	NOUN
cjal-3321	556	25	in	in	ADP
cjal-3321	556	26	advance	advance	NOUN
cjal-3321	556	27	and	and	CCONJ
cjal-3321	556	28	block	block	VERB
cjal-3321	556	29	self	self	NOUN
cjal-3321	556	30	-	-	PUNCT
cjal-3321	556	31	interested	interest	VERB
cjal-3321	556	32	transactions	transaction	NOUN
cjal-3321	556	33	.	.	PUNCT
cjal-3321	557	1	it	it	PRON
cjal-3321	557	2	is	be	AUX
cjal-3321	557	3	barely	barely	ADV
cjal-3321	557	4	news	news	ADJ
cjal-3321	557	5	that	that	SCONJ
cjal-3321	557	6	in	in	ADP
cjal-3321	557	7	the	the	DET
cjal-3321	557	8	past	past	ADJ
cjal-3321	557	9	twenty	twenty	NUM
cjal-3321	557	10	years	year	NOUN
cjal-3321	557	11	,	,	PUNCT
cjal-3321	557	12	unscrupulous	unscrupulous	ADJ
cjal-3321	557	13	ceos	ceo	NOUN
cjal-3321	557	14	and	and	CCONJ
cjal-3321	557	15	voracious	voracious	ADJ
cjal-3321	557	16	bidders	bidder	NOUN
cjal-3321	557	17	have	have	AUX
cjal-3321	557	18	taken	take	VERB
cjal-3321	557	19	advantage	advantage	NOUN
cjal-3321	557	20	of	of	ADP
cjal-3321	557	21	the	the	DET
cjal-3321	557	22	takeover	takeover	NOUN
cjal-3321	557	23	business	business	NOUN
cjal-3321	557	24	opportunity	opportunity	NOUN
cjal-3321	557	25	to	to	PART
cjal-3321	557	26	benefit	benefit	VERB
cjal-3321	557	27	themselves	themselves	PRON
cjal-3321	557	28	at	at	ADP
cjal-3321	557	29	shareholders	shareholder	NOUN
cjal-3321	557	30	'	'	PART
cjal-3321	557	31	expense	expense	NOUN
cjal-3321	557	32	.	.	PUNCT
cjal-3321	557	33	'	'	PUNCT
cjal-3321	558	1	as	as	ADV
cjal-3321	558	2	such	such	ADJ
cjal-3321	558	3	,	,	PUNCT
cjal-3321	558	4	some	some	PRON
cjal-3321	558	5	believe	believe	VERB
cjal-3321	558	6	that	that	SCONJ
cjal-3321	558	7	the	the	DET
cjal-3321	558	8	current	current	ADJ
cjal-3321	558	9	"	"	PUNCT
cjal-3321	558	10	i	i	PRON
cjal-3321	558	11	see	see	VERB
cjal-3321	558	12	company	company	NOUN
cjal-3321	558	13	law	law	NOUN
cjal-3321	558	14	,	,	PUNCT
cjal-3321	558	15	supra	supra	PROPN
cjal-3321	558	16	note	note	NOUN
cjal-3321	558	17	20	20	NUM
cjal-3321	558	18	,	,	PUNCT
cjal-3321	558	19	art	art	NOUN
cjal-3321	558	20	.	.	PUNCT
cjal-3321	559	1	152	152	NUM
cjal-3321	559	2	.	.	PUNCT
cjal-3321	560	1	n6	n6	PROPN
cjal-3321	560	2	carol	carol	PROPN
cjal-3321	560	3	b.	b.	PROPN
cjal-3321	560	4	swanson	swanson	PROPN
cjal-3321	560	5	,	,	PUNCT
cjal-3321	560	6	juggling	juggle	VERB
cjal-3321	560	7	shareholder	shareholder	NOUN
cjal-3321	560	8	rights	right	NOUN
cjal-3321	560	9	and	and	CCONJ
cjal-3321	560	10	strike	strike	NOUN
cjal-3321	560	11	suits	suit	NOUN
cjal-3321	560	12	in	in	ADP
cjal-3321	560	13	derivative	derivative	ADJ
cjal-3321	560	14	litigation	litigation	NOUN
cjal-3321	560	15	:	:	PUNCT
cjal-3321	560	16	the	the	DET
cjal-3321	560	17	ali	ali	PROPN
cjal-3321	560	18	drops	drop	VERB
cjal-3321	560	19	the	the	DET
cjal-3321	560	20	ball	ball	NOUN
cjal-3321	560	21	,	,	PUNCT
cjal-3321	560	22	77	77	NUM
cjal-3321	560	23	minn	minn	PROPN
cjal-3321	560	24	.	.	PUNCT
cjal-3321	561	1	l.	l.	PROPN
cjal-3321	561	2	rev	rev	PROPN
cjal-3321	561	3	.	.	PROPN
cjal-3321	561	4	1339	1339	NUM
cjal-3321	561	5	,	,	PUNCT
cjal-3321	561	6	1349	1349	NUM
cjal-3321	561	7	(	(	PUNCT
cjal-3321	561	8	1994	1994	NUM
cjal-3321	561	9	)	)	PUNCT
cjal-3321	561	10	.	.	PUNCT
cjal-3321	562	1	see	see	AUX
cjal-3321	562	2	also	also	ADV
cjal-3321	562	3	note	note	VERB
cjal-3321	562	4	,	,	PUNCT
cjal-3321	562	5	extortionate	extortionate	ADJ
cjal-3321	562	6	corporate	corporate	ADJ
cjal-3321	562	7	litigation	litigation	NOUN
cjal-3321	562	8	:	:	PUNCT
cjal-3321	563	1	the	the	DET
cjal-3321	563	2	strike	strike	NOUN
cjal-3321	563	3	suit	suit	NOUN
cjal-3321	563	4	,	,	PUNCT
cjal-3321	563	5	34	34	NUM
cjal-3321	563	6	colum	colum	NOUN
cjal-3321	563	7	.	.	PUNCT
cjal-3321	564	1	l.	l.	PROPN
cjal-3321	564	2	rev	rev	PROPN
cjal-3321	564	3	.	.	PROPN
cjal-3321	565	1	13o8	13o8	NUM
cjal-3321	565	2	(	(	PUNCT
cjal-3321	565	3	1934	1934	NUM
cjal-3321	565	4	)	)	PUNCT
cjal-3321	565	5	.	.	PUNCT
cjal-3321	566	1	127	127	NUM
cjal-3321	566	2	see	see	VERB
cjal-3321	566	3	company	company	NOUN
cjal-3321	566	4	law	law	NOUN
cjal-3321	566	5	,	,	PUNCT
cjal-3321	566	6	supra	supra	PROPN
cjal-3321	566	7	note	note	NOUN
cjal-3321	566	8	20	20	NUM
cjal-3321	566	9	,	,	PUNCT
cjal-3321	566	10	art	art	NOUN
cjal-3321	566	11	.	.	PUNCT
cjal-3321	567	1	152	152	NUM
cjal-3321	567	2	.	.	PUNCT
cjal-3321	568	1	,	,	PUNCT
cjal-3321	568	2	28	28	NUM
cjal-3321	568	3	chun	chun	PROPN
cjal-3321	568	4	,	,	PUNCT
cjal-3321	568	5	supra	supra	PROPN
cjal-3321	568	6	note	note	NOUN
cjal-3321	568	7	4	4	NUM
cjal-3321	568	8	.	.	PUNCT
cjal-3321	569	1	the	the	DET
cjal-3321	569	2	efficacy	efficacy	NOUN
cjal-3321	569	3	of	of	ADP
cjal-3321	569	4	chinese	chinese	ADJ
cjal-3321	569	5	takeover	takeover	NOUN
cjal-3321	569	6	laws	law	NOUN
cjal-3321	569	7	chinese	chinese	ADJ
cjal-3321	569	8	takeover	takeover	NOUN
cjal-3321	569	9	regulations	regulation	NOUN
cjal-3321	569	10	best	well	ADV
cjal-3321	569	11	serve	serve	VERB
cjal-3321	569	12	shareholders	shareholder	NOUN
cjal-3321	569	13	'	'	PART
cjal-3321	569	14	interests	interest	NOUN
cjal-3321	569	15	because	because	SCONJ
cjal-3321	569	16	of	of	ADP
cjal-3321	569	17	its	its	PRON
cjal-3321	569	18	chilling	chilling	ADJ
cjal-3321	569	19	effect	effect	NOUN
cjal-3321	569	20	on	on	ADP
cjal-3321	569	21	takeovers	takeover	NOUN
cjal-3321	569	22	.	.	PUNCT
cjal-3321	570	1	'29	'29	NUM
cjal-3321	570	2	this	this	DET
cjal-3321	570	3	approach	approach	NOUN
cjal-3321	570	4	,	,	PUNCT
cjal-3321	570	5	however	however	ADV
cjal-3321	570	6	,	,	PUNCT
cjal-3321	570	7	ignores	ignore	VERB
cjal-3321	570	8	the	the	DET
cjal-3321	570	9	valuemaximizing	valuemaximizing	ADJ
cjal-3321	570	10	potential	potential	NOUN
cjal-3321	570	11	of	of	ADP
cjal-3321	570	12	takeovers	takeover	NOUN
cjal-3321	570	13	.	.	PUNCT
cjal-3321	571	1	as	as	SCONJ
cjal-3321	571	2	professor	professor	NOUN
cjal-3321	571	3	romano	romano	NOUN
cjal-3321	571	4	noted	note	VERB
cjal-3321	571	5	about	about	ADP
cjal-3321	571	6	american	american	ADJ
cjal-3321	571	7	takeover	takeover	NOUN
cjal-3321	571	8	laws	law	NOUN
cjal-3321	571	9	,	,	PUNCT
cjal-3321	571	10	"	"	PUNCT
cjal-3321	571	11	[	[	X
cjal-3321	571	12	i]nfluenced	i]nfluence	VERB
cjal-3321	571	13	by	by	ADP
cjal-3321	571	14	unsubstantiated	unsubstantiated	ADJ
cjal-3321	571	15	fears	fear	NOUN
cjal-3321	571	16	and	and	CCONJ
cjal-3321	571	17	suspicions	suspicion	NOUN
cjal-3321	571	18	,	,	PUNCT
cjal-3321	571	19	often	often	ADV
cjal-3321	571	20	raised	raise	VERB
cjal-3321	571	21	by	by	ADP
cjal-3321	571	22	managers	manager	NOUN
cjal-3321	571	23	,	,	PUNCT
cjal-3321	571	24	about	about	ADP
cjal-3321	571	25	the	the	DET
cjal-3321	571	26	impact	impact	NOUN
cjal-3321	571	27	of	of	ADP
cjal-3321	571	28	takeovers	takeover	NOUN
cjal-3321	571	29	on	on	ADP
cjal-3321	571	30	third	third	ADJ
cjal-3321	571	31	parties	party	NOUN
cjal-3321	571	32	,	,	PUNCT
cjal-3321	571	33	regulation	regulation	NOUN
cjal-3321	571	34	in	in	ADP
cjal-3321	571	35	the	the	DET
cjal-3321	571	36	united	united	PROPN
cjal-3321	571	37	states	states	PROPN
cjal-3321	571	38	has	have	AUX
cjal-3321	571	39	tended	tend	VERB
cjal-3321	571	40	to	to	PART
cjal-3321	571	41	thwart	thwart	VERB
cjal-3321	571	42	and	and	CCONJ
cjal-3321	571	43	burden	burden	VERB
cjal-3321	571	44	takeovers	takeover	NOUN
cjal-3321	571	45	as	as	SCONJ
cjal-3321	571	46	if	if	SCONJ
cjal-3321	571	47	they	they	PRON
cjal-3321	571	48	were	be	AUX
cjal-3321	571	49	non	non	ADJ
cjal-3321	571	50	-	-	ADJ
cjal-3321	571	51	value	value	NOUN
cjal-3321	571	52	-	-	PUNCT
cjal-3321	571	53	maximizing	maximize	VERB
cjal-3321	571	54	wealth	wealth	NOUN
cjal-3321	571	55	transfers	transfer	NOUN
cjal-3321	571	56	.	.	PUNCT
cjal-3321	571	57	"	"	PUNCT
cjal-3321	572	1	'	'	PUNCT
cjal-3321	572	2	this	this	DET
cjal-3321	572	3	description	description	NOUN
cjal-3321	572	4	is	be	AUX
cjal-3321	572	5	a	a	DET
cjal-3321	572	6	meaningful	meaningful	ADJ
cjal-3321	572	7	characterization	characterization	NOUN
cjal-3321	572	8	of	of	ADP
cjal-3321	572	9	chinese	chinese	ADJ
cjal-3321	572	10	takeover	takeover	NOUN
cjal-3321	572	11	regulations	regulation	NOUN
cjal-3321	572	12	as	as	ADV
cjal-3321	572	13	well	well	ADV
cjal-3321	572	14	,	,	PUNCT
cjal-3321	572	15	even	even	ADV
cjal-3321	572	16	if	if	SCONJ
cjal-3321	572	17	the	the	DET
cjal-3321	572	18	underlying	underlie	VERB
cjal-3321	572	19	legislative	legislative	ADJ
cjal-3321	572	20	motive	motive	NOUN
cjal-3321	572	21	may	may	AUX
cjal-3321	572	22	vary	vary	VERB
cjal-3321	572	23	between	between	ADP
cjal-3321	572	24	the	the	DET
cjal-3321	572	25	two	two	NUM
cjal-3321	572	26	countries	country	NOUN
cjal-3321	572	27	.	.	PUNCT
cjal-3321	573	1	the	the	DET
cjal-3321	573	2	chinese	chinese	ADJ
cjal-3321	573	3	legislature	legislature	NOUN
cjal-3321	573	4	and	and	CCONJ
cjal-3321	573	5	the	the	DET
cjal-3321	573	6	csrc	csrc	NOUN
cjal-3321	573	7	have	have	AUX
cjal-3321	573	8	designed	design	VERB
cjal-3321	573	9	regulations	regulation	NOUN
cjal-3321	573	10	so	so	ADV
cjal-3321	573	11	strict	strict	ADJ
cjal-3321	573	12	that	that	SCONJ
cjal-3321	573	13	they	they	PRON
cjal-3321	573	14	have	have	AUX
cjal-3321	573	15	suffocated	suffocate	VERB
cjal-3321	573	16	most	most	ADJ
cjal-3321	573	17	potential	potential	ADJ
cjal-3321	573	18	takeover	takeover	NOUN
cjal-3321	573	19	deals	deal	NOUN
cjal-3321	573	20	and	and	CCONJ
cjal-3321	573	21	extinguished	extinguish	VERB
cjal-3321	573	22	opportunities	opportunity	NOUN
cjal-3321	573	23	to	to	PART
cjal-3321	573	24	maximize	maximize	VERB
cjal-3321	573	25	shareholder	shareholder	NOUN
cjal-3321	573	26	value	value	NOUN
cjal-3321	573	27	as	as	ADP
cjal-3321	573	28	a	a	DET
cjal-3321	573	29	whole	whole	NOUN
cjal-3321	573	30	.	.	PUNCT
cjal-3321	573	31	'	'	PUNCT
cjal-3321	574	1	3	3	X
cjal-3321	574	2	'	'	PUNCT
cjal-3321	574	3	meanwhile	meanwhile	ADV
cjal-3321	574	4	,	,	PUNCT
cjal-3321	574	5	laws	law	NOUN
cjal-3321	574	6	and	and	CCONJ
cjal-3321	574	7	regulations	regulation	NOUN
cjal-3321	574	8	do	do	AUX
cjal-3321	574	9	not	not	PART
cjal-3321	574	10	protect	protect	VERB
cjal-3321	574	11	shareholders	shareholder	NOUN
cjal-3321	574	12	from	from	ADP
cjal-3321	574	13	agency	agency	NOUN
cjal-3321	574	14	problems	problem	NOUN
cjal-3321	574	15	.	.	PUNCT
cjal-3321	575	1	senior	senior	ADJ
cjal-3321	575	2	executives	executive	NOUN
cjal-3321	575	3	of	of	ADP
cjal-3321	575	4	soes	soe	NOUN
cjal-3321	575	5	have	have	AUX
cjal-3321	575	6	thus	thus	ADV
cjal-3321	575	7	emerged	emerge	VERB
cjal-3321	575	8	as	as	ADP
cjal-3321	575	9	the	the	DET
cjal-3321	575	10	final	final	ADJ
cjal-3321	575	11	winners	winner	NOUN
cjal-3321	575	12	in	in	ADP
cjal-3321	575	13	the	the	DET
cjal-3321	575	14	contest	contest	NOUN
cjal-3321	575	15	between	between	ADP
cjal-3321	575	16	shareholder	shareholder	NOUN
cjal-3321	575	17	-	-	PUNCT
cjal-3321	575	18	friendly	friendly	ADJ
cjal-3321	575	19	and	and	CCONJ
cjal-3321	575	20	takeover	takeover	NOUN
cjal-3321	575	21	-	-	PUNCT
cjal-3321	575	22	friendly	friendly	ADJ
cjal-3321	575	23	approaches	approach	NOUN
cjal-3321	575	24	.	.	PUNCT
cjal-3321	576	1	take	take	VERB
cjal-3321	576	2	the	the	DET
cjal-3321	576	3	current	current	ADJ
cjal-3321	576	4	disclosure	disclosure	NOUN
cjal-3321	576	5	regime	regime	NOUN
cjal-3321	576	6	as	as	ADP
cjal-3321	576	7	an	an	DET
cjal-3321	576	8	example	example	NOUN
cjal-3321	576	9	.	.	PUNCT
cjal-3321	577	1	almost	almost	ADV
cjal-3321	577	2	every	every	PRON
cjal-3321	577	3	takeover	takeover	NOUN
cjal-3321	577	4	law	law	NOUN
cjal-3321	577	5	in	in	ADP
cjal-3321	577	6	the	the	DET
cjal-3321	577	7	world	world	NOUN
cjal-3321	577	8	has	have	VERB
cjal-3321	577	9	a	a	DET
cjal-3321	577	10	disclosure	disclosure	NOUN
cjal-3321	577	11	requirement	requirement	NOUN
cjal-3321	577	12	to	to	PART
cjal-3321	577	13	ensure	ensure	VERB
cjal-3321	577	14	that	that	SCONJ
cjal-3321	577	15	the	the	DET
cjal-3321	577	16	target	target	NOUN
cjal-3321	577	17	's	's	PART
cjal-3321	577	18	shareholders	shareholder	NOUN
cjal-3321	577	19	and	and	CCONJ
cjal-3321	577	20	management	management	NOUN
cjal-3321	577	21	are	be	AUX
cjal-3321	577	22	fully	fully	ADV
cjal-3321	577	23	informed	inform	VERB
cjal-3321	577	24	to	to	PART
cjal-3321	577	25	weigh	weigh	VERB
cjal-3321	577	26	the	the	DET
cjal-3321	577	27	cost	cost	NOUN
cjal-3321	577	28	and	and	CCONJ
cjal-3321	577	29	benefit	benefit	NOUN
cjal-3321	577	30	of	of	ADP
cjal-3321	577	31	the	the	DET
cjal-3321	577	32	proposed	propose	VERB
cjal-3321	577	33	deal	deal	NOUN
cjal-3321	577	34	.	.	PUNCT
cjal-3321	578	1	disclosure	disclosure	NOUN
cjal-3321	578	2	is	be	AUX
cjal-3321	578	3	also	also	ADV
cjal-3321	578	4	an	an	DET
cjal-3321	578	5	effective	effective	ADJ
cjal-3321	578	6	way	way	NOUN
cjal-3321	578	7	to	to	PART
cjal-3321	578	8	alleviate	alleviate	VERB
cjal-3321	578	9	the	the	DET
cjal-3321	578	10	information	information	NOUN
cjal-3321	578	11	asymmetry	asymmetry	NOUN
cjal-3321	578	12	problem	problem	NOUN
cjal-3321	578	13	:	:	PUNCT
cjal-3321	578	14	availability	availability	NOUN
cjal-3321	578	15	of	of	ADP
cjal-3321	578	16	up	up	ADP
cjal-3321	578	17	-	-	PUNCT
cjal-3321	578	18	to	to	ADP
cjal-3321	578	19	-	-	PUNCT
cjal-3321	578	20	date	date	NOUN
cjal-3321	578	21	,	,	PUNCT
cjal-3321	578	22	accurate	accurate	ADJ
cjal-3321	578	23	,	,	PUNCT
cjal-3321	578	24	and	and	CCONJ
cjal-3321	578	25	relevant	relevant	ADJ
cjal-3321	578	26	information	information	NOUN
cjal-3321	578	27	can	can	AUX
cjal-3321	578	28	help	help	VERB
cjal-3321	578	29	shareholders	shareholder	NOUN
cjal-3321	578	30	of	of	ADP
cjal-3321	578	31	listed	list	VERB
cjal-3321	578	32	companies	company	NOUN
cjal-3321	578	33	assess	assess	VERB
cjal-3321	578	34	agency	agency	NOUN
cjal-3321	578	35	problems	problem	NOUN
cjal-3321	578	36	.	.	PUNCT
cjal-3321	579	1	'32	'32	NUM
cjal-3321	579	2	yet	yet	ADV
cjal-3321	579	3	,	,	PUNCT
cjal-3321	579	4	disclosure	disclosure	NOUN
cjal-3321	579	5	may	may	AUX
cjal-3321	579	6	also	also	ADV
cjal-3321	579	7	decrease	decrease	VERB
cjal-3321	579	8	the	the	DET
cjal-3321	579	9	profitability	profitability	NOUN
cjal-3321	579	10	of	of	ADP
cjal-3321	579	11	the	the	DET
cjal-3321	579	12	takeover	takeover	NOUN
cjal-3321	579	13	endeavor	endeavor	NOUN
cjal-3321	579	14	by	by	ADP
cjal-3321	579	15	prematurely	prematurely	ADV
cjal-3321	579	16	informing	inform	VERB
cjal-3321	579	17	the	the	DET
cjal-3321	579	18	market	market	NOUN
cjal-3321	579	19	that	that	SCONJ
cjal-3321	579	20	the	the	DET
cjal-3321	579	21	target	target	NOUN
cjal-3321	579	22	firm	firm	NOUN
cjal-3321	579	23	is	be	AUX
cjal-3321	579	24	undervalued	undervalue	VERB
cjal-3321	579	25	,	,	PUNCT
cjal-3321	579	26	thereby	thereby	ADV
cjal-3321	579	27	attracting	attract	VERB
cjal-3321	579	28	the	the	DET
cjal-3321	579	29	market	market	NOUN
cjal-3321	579	30	to	to	PART
cjal-3321	579	31	rush	rush	VERB
cjal-3321	579	32	in	in	ADP
cjal-3321	579	33	and	and	CCONJ
cjal-3321	579	34	inflate	inflate	VERB
cjal-3321	579	35	the	the	DET
cjal-3321	579	36	stock	stock	NOUN
cjal-3321	579	37	price	price	NOUN
cjal-3321	579	38	of	of	ADP
cjal-3321	579	39	the	the	DET
cjal-3321	579	40	target	target	NOUN
cjal-3321	579	41	company	company	NOUN
cjal-3321	579	42	.	.	PUNCT
cjal-3321	580	1	the	the	DET
cjal-3321	580	2	divergence	divergence	NOUN
cjal-3321	580	3	among	among	ADP
cjal-3321	580	4	different	different	ADJ
cjal-3321	580	5	jurisdictions	jurisdiction	NOUN
cjal-3321	580	6	regarding	regard	VERB
cjal-3321	580	7	disclosure	disclosure	NOUN
cjal-3321	580	8	reflects	reflect	VERB
cjal-3321	580	9	varying	vary	VERB
cjal-3321	580	10	degrees	degree	NOUN
cjal-3321	580	11	of	of	ADP
cjal-3321	580	12	balancing	balancing	NOUN
cjal-3321	580	13	of	of	ADP
cjal-3321	580	14	the	the	DET
cjal-3321	580	15	protection	protection	NOUN
cjal-3321	580	16	of	of	ADP
cjal-3321	580	17	target	target	NOUN
cjal-3321	580	18	shareholders	shareholder	NOUN
cjal-3321	580	19	and	and	CCONJ
cjal-3321	580	20	the	the	DET
cjal-3321	580	21	legitimate	legitimate	ADJ
cjal-3321	580	22	profit	profit	NOUN
cjal-3321	580	23	pursuit	pursuit	NOUN
cjal-3321	580	24	of	of	ADP
cjal-3321	580	25	bidders	bidder	NOUN
cjal-3321	580	26	.	.	PUNCT
cjal-3321	581	1	judging	judge	VERB
cjal-3321	581	2	from	from	ADP
cjal-3321	581	3	the	the	DET
cjal-3321	581	4	chinese	chinese	ADJ
cjal-3321	581	5	disclosure	disclosure	NOUN
cjal-3321	581	6	requirements	requirement	NOUN
cjal-3321	581	7	,	,	PUNCT
cjal-3321	581	8	it	it	PRON
cjal-3321	581	9	is	be	AUX
cjal-3321	581	10	hard	hard	ADJ
cjal-3321	581	11	to	to	PART
cjal-3321	581	12	see	see	VERB
cjal-3321	581	13	which	which	DET
cjal-3321	581	14	set	set	NOUN
cjal-3321	581	15	of	of	ADP
cjal-3321	581	16	interests	interest	NOUN
cjal-3321	581	17	the	the	DET
cjal-3321	581	18	government	government	NOUN
cjal-3321	581	19	leans	lean	VERB
cjal-3321	581	20	towards	towards	ADP
cjal-3321	581	21	.	.	PUNCT
cjal-3321	582	1	from	from	ADP
cjal-3321	582	2	the	the	DET
cjal-3321	582	3	perspective	perspective	NOUN
cjal-3321	582	4	of	of	ADP
cjal-3321	582	5	shareholder	shareholder	NOUN
cjal-3321	582	6	protection	protection	NOUN
cjal-3321	582	7	,	,	PUNCT
cjal-3321	582	8	it	it	PRON
cjal-3321	582	9	is	be	AUX
cjal-3321	582	10	meaningless	meaningless	ADJ
cjal-3321	582	11	to	to	PART
cjal-3321	582	12	inform	inform	VERB
cjal-3321	582	13	the	the	DET
cjal-3321	582	14	management	management	NOUN
cjal-3321	582	15	and	and	CCONJ
cjal-3321	582	16	shareholders	shareholder	NOUN
cjal-3321	582	17	that	that	SCONJ
cjal-3321	582	18	there	there	PRON
cjal-3321	582	19	is	be	VERB
cjal-3321	582	20	someone	someone	PRON
cjal-3321	582	21	acquiring	acquire	VERB
cjal-3321	582	22	the	the	DET
cjal-3321	582	23	listed	list	VERB
cjal-3321	582	24	firm	firm	NOUN
cjal-3321	582	25	's	's	PART
cjal-3321	582	26	shares	share	NOUN
cjal-3321	582	27	without	without	ADP
cjal-3321	582	28	revealing	reveal	VERB
cjal-3321	582	29	the	the	DET
cjal-3321	582	30	buyer	buyer	NOUN
cjal-3321	582	31	's	's	PART
cjal-3321	582	32	purpose	purpose	NOUN
cjal-3321	582	33	.	.	PUNCT
cjal-3321	583	1	the	the	DET
cjal-3321	583	2	shareholders	shareholder	NOUN
cjal-3321	583	3	and	and	CCONJ
cjal-3321	583	4	management	management	NOUN
cjal-3321	583	5	would	would	AUX
cjal-3321	583	6	not	not	PART
cjal-3321	583	7	take	take	VERB
cjal-3321	583	8	actions	action	NOUN
cjal-3321	583	9	to	to	PART
cjal-3321	583	10	defend	defend	VERB
cjal-3321	583	11	against	against	ADP
cjal-3321	583	12	or	or	CCONJ
cjal-3321	583	13	encourage	encourage	VERB
cjal-3321	583	14	the	the	DET
cjal-3321	583	15	bidder	bidder	NOUN
cjal-3321	583	16	solely	solely	ADV
cjal-3321	583	17	based	base	VERB
cjal-3321	583	18	on	on	ADP
cjal-3321	583	19	the	the	DET
cjal-3321	583	20	acquisition	acquisition	NOUN
cjal-3321	583	21	.	.	PUNCT
cjal-3321	584	1	but	but	CCONJ
cjal-3321	584	2	in	in	ADP
cjal-3321	584	3	the	the	DET
cjal-3321	584	4	private	private	ADJ
cjal-3321	584	5	purchase	purchase	NOUN
cjal-3321	584	6	scenario	scenario	NOUN
cjal-3321	584	7	,	,	PUNCT
cjal-3321	584	8	the	the	DET
cjal-3321	584	9	"	"	PUNCT
cjal-3321	584	10	5	5	NUM
cjal-3321	584	11	%	%	NOUN
cjal-3321	584	12	rule	rule	NOUN
cjal-3321	584	13	"	"	PUNCT
cjal-3321	584	14	fails	fail	VERB
cjal-3321	584	15	to	to	PART
cjal-3321	584	16	give	give	VERB
cjal-3321	584	17	timely	timely	ADJ
cjal-3321	584	18	information	information	NOUN
cjal-3321	584	19	of	of	ADP
cjal-3321	584	20	the	the	DET
cjal-3321	584	21	buyer	buyer	NOUN
cjal-3321	584	22	's	's	PART
cjal-3321	584	23	intent	intent	NOUN
cjal-3321	584	24	.	.	PUNCT
cjal-3321	585	1	as	as	SCONJ
cjal-3321	585	2	discussed	discuss	VERB
cjal-3321	585	3	in	in	ADP
cjal-3321	585	4	part	part	NOUN
cjal-3321	585	5	i.a.i	i.a.i	ADJ
cjal-3321	585	6	,	,	PUNCT
cjal-3321	585	7	the	the	DET
cjal-3321	585	8	measures	measure	NOUN
cjal-3321	585	9	allow	allow	VERB
cjal-3321	585	10	a	a	DET
cjal-3321	585	11	purchaser	purchaser	NOUN
cjal-3321	585	12	to	to	PART
cjal-3321	585	13	make	make	VERB
cjal-3321	585	14	an	an	DET
cjal-3321	585	15	acquisition	acquisition	NOUN
cjal-3321	585	16	as	as	ADV
cjal-3321	585	17	large	large	ADJ
cjal-3321	585	18	as	as	ADP
cjal-3321	585	19	2o%	2o%	NUM
cjal-3321	585	20	before	before	ADP
cjal-3321	585	21	making	make	VERB
cjal-3321	585	22	its	its	PRON
cjal-3321	585	23	first	first	ADJ
cjal-3321	585	24	disclosure	disclosure	NOUN
cjal-3321	585	25	.	.	PUNCT
cjal-3321	586	1	'33	'33	NUM
cjal-3321	586	2	by	by	ADP
cjal-3321	586	3	the	the	DET
cjal-3321	586	4	time	time	NOUN
cjal-3321	586	5	the	the	DET
cjal-3321	586	6	board	board	NOUN
cjal-3321	586	7	and	and	CCONJ
cjal-3321	586	8	other	other	ADJ
cjal-3321	586	9	shareholders	shareholder	NOUN
cjal-3321	586	10	learn	learn	VERB
cjal-3321	586	11	of	of	ADP
cjal-3321	586	12	a	a	DET
cjal-3321	586	13	bidder	bidder	NOUN
cjal-3321	586	14	's	's	PART
cjal-3321	586	15	intent	intent	NOUN
cjal-3321	586	16	to	to	PART
cjal-3321	586	17	take	take	VERB
cjal-3321	586	18	over	over	ADP
cjal-3321	586	19	the	the	DET
cjal-3321	586	20	company	company	NOUN
cjal-3321	586	21	,	,	PUNCT
cjal-3321	586	22	the	the	DET
cjal-3321	586	23	bidder	bidder	NOUN
cjal-3321	586	24	has	have	AUX
cjal-3321	586	25	already	already	ADV
cjal-3321	586	26	acquired	acquire	VERB
cjal-3321	586	27	a	a	DET
cjal-3321	586	28	substantial	substantial	ADJ
cjal-3321	586	29	percentage	percentage	NOUN
cjal-3321	586	30	of	of	ADP
cjal-3321	586	31	the	the	DET
cjal-3321	586	32	company	company	NOUN
cjal-3321	586	33	's	's	PART
cjal-3321	586	34	outstanding	outstanding	ADJ
cjal-3321	586	35	stock	stock	NOUN
cjal-3321	586	36	.	.	PUNCT
cjal-3321	587	1	in	in	ADP
cjal-3321	587	2	some	some	DET
cjal-3321	587	3	cases	case	NOUN
cjal-3321	587	4	-	-	PUNCT
cjal-3321	587	5	especially	especially	ADV
cjal-3321	587	6	for	for	ADP
cjal-3321	587	7	companies	company	NOUN
cjal-3321	587	8	with	with	ADP
cjal-3321	587	9	dispersed	disperse	VERB
cjal-3321	587	10	,	,	PUNCT
cjal-3321	587	11	29	29	NUM
cjal-3321	587	12	see	see	VERB
cjal-3321	587	13	,	,	PUNCT
cjal-3321	587	14	e.g.	e.g.	ADV
cjal-3321	587	15	,	,	PUNCT
cjal-3321	587	16	zhang	zhang	PROPN
cjal-3321	587	17	&	&	CCONJ
cjal-3321	587	18	li	li	PROPN
cjal-3321	587	19	,	,	PUNCT
cjal-3321	587	20	supra	supra	PROPN
cjal-3321	587	21	note	note	PROPN
cjal-3321	587	22	7	7	NUM
cjal-3321	587	23	,	,	PUNCT
cjal-3321	587	24	at	at	ADP
cjal-3321	587	25	77	77	NUM
cjal-3321	587	26	;	;	PUNCT
cjal-3321	587	27	see	see	VERB
cjal-3321	587	28	also	also	ADV
cjal-3321	587	29	,	,	PUNCT
cjal-3321	587	30	e.g.	e.g.	ADV
cjal-3321	587	31	,	,	PUNCT
cjal-3321	587	32	ma	ma	PROPN
cjal-3321	587	33	,	,	PUNCT
cjal-3321	587	34	supra	supra	PROPN
cjal-3321	587	35	note	note	PROPN
cjal-3321	587	36	7	7	NUM
cjal-3321	587	37	,	,	PUNCT
cjal-3321	587	38	at	at	ADP
cjal-3321	587	39	9	9	NUM
cjal-3321	587	40	.	.	NUM
cjal-3321	587	41	,	,	PUNCT
cjal-3321	587	42	30	30	NUM
cjal-3321	587	43	romano	romano	NOUN
cjal-3321	587	44	,	,	PUNCT
cjal-3321	587	45	supra	supra	ADJ
cjal-3321	587	46	note	note	NOUN
cjal-3321	587	47	1	1	NUM
cjal-3321	587	48	,	,	PUNCT
cjal-3321	587	49	at	at	ADP
cjal-3321	587	50	120	120	NUM
cjal-3321	587	51	.	.	SYM
cjal-3321	587	52	13	13	NUM
cjal-3321	587	53	peng	peng	PROPN
cjal-3321	587	54	,	,	PUNCT
cjal-3321	587	55	supra	supra	PROPN
cjal-3321	587	56	note	note	PROPN
cjal-3321	587	57	4	4	NUM
cjal-3321	587	58	,	,	PUNCT
cjal-3321	587	59	at	at	ADP
cjal-3321	587	60	286	286	NUM
cjal-3321	587	61	.	.	PUNCT
cjal-3321	588	1	see	see	VERB
cjal-3321	588	2	also	also	ADV
cjal-3321	588	3	chun	chun	PROPN
cjal-3321	588	4	,	,	PUNCT
cjal-3321	588	5	supra	supra	PROPN
cjal-3321	588	6	note	note	NOUN
cjal-3321	588	7	4	4	NUM
cjal-3321	588	8	.	.	NOUN
cjal-3321	588	9	132	132	NUM
cjal-3321	588	10	kraakman	kraakman	ADJ
cjal-3321	588	11	,	,	PUNCT
cjal-3321	588	12	supra	supra	PROPN
cjal-3321	588	13	note	note	NOUN
cjal-3321	588	14	34	34	NUM
cjal-3321	588	15	,	,	PUNCT
cjal-3321	588	16	at	at	ADP
cjal-3321	588	17	248	248	NUM
cjal-3321	588	18	.	.	PUNCT
cjal-3321	589	1	'	'	PUNCT
cjal-3321	589	2	33	33	NUM
cjal-3321	589	3	see	see	VERB
cjal-3321	589	4	measures	measure	NOUN
cjal-3321	589	5	for	for	ADP
cjal-3321	589	6	administration	administration	NOUN
cjal-3321	589	7	of	of	ADP
cjal-3321	589	8	takeovers	takeover	NOUN
cjal-3321	589	9	,	,	PUNCT
cjal-3321	589	10	supra	supra	PROPN
cjal-3321	589	11	note	note	NOUN
cjal-3321	589	12	6	6	NUM
cjal-3321	589	13	,	,	PUNCT
cjal-3321	589	14	art	art	NOUN
cjal-3321	589	15	.	.	PUNCT
cjal-3321	590	1	16	16	NUM
cjal-3321	590	2	.	.	NUM
cjal-3321	590	3	207	207	NUM
cjal-3321	590	4	columbia	columbia	PROPN
cjal-3321	590	5	journal	journal	PROPN
cjal-3321	590	6	ofasian	ofasian	ADJ
cjal-3321	590	7	law	law	NOUN
cjal-3321	590	8	,	,	PUNCT
cjal-3321	590	9	vol	vol	NOUN
cjal-3321	590	10	.	.	PROPN
cjal-3321	590	11	25	25	NUM
cjal-3321	590	12	,	,	PUNCT
cjal-3321	590	13	no	no	INTJ
cjal-3321	590	14	.	.	NOUN
cjal-3321	590	15	2	2	NUM
cjal-3321	590	16	(	(	PUNCT
cjal-3321	590	17	2012	2012	NUM
cjal-3321	590	18	)	)	PUNCT
cjal-3321	590	19	share	share	NOUN
cjal-3321	590	20	ownership	ownership	NOUN
cjal-3321	590	21	,	,	PUNCT
cjal-3321	590	22	such	such	ADJ
cjal-3321	590	23	as	as	ADP
cjal-3321	590	24	publicly	publicly	ADV
cjal-3321	590	25	-	-	PUNCT
cjal-3321	590	26	traded	trade	VERB
cjal-3321	590	27	companies	company	NOUN
cjal-3321	590	28	-	-	PUNCT
cjal-3321	590	29	even	even	ADV
cjal-3321	590	30	a	a	DET
cjal-3321	590	31	15	15	NUM
cjal-3321	590	32	to	to	PART
cjal-3321	590	33	20	20	NUM
cjal-3321	590	34	%	%	NOUN
cjal-3321	590	35	ownership	ownership	NOUN
cjal-3321	590	36	is	be	AUX
cjal-3321	590	37	enough	enough	ADJ
cjal-3321	590	38	for	for	SCONJ
cjal-3321	590	39	a	a	DET
cjal-3321	590	40	new	new	ADJ
cjal-3321	590	41	shareholder	shareholder	NOUN
cjal-3321	590	42	to	to	PART
cjal-3321	590	43	reap	reap	VERB
cjal-3321	590	44	a	a	DET
cjal-3321	590	45	control	control	NOUN
cjal-3321	590	46	premium	premium	NOUN
cjal-3321	590	47	.	.	PUNCT
cjal-3321	591	1	whereas	whereas	SCONJ
cjal-3321	591	2	the	the	DET
cjal-3321	591	3	disclosure	disclosure	NOUN
cjal-3321	591	4	rules	rule	VERB
cjal-3321	591	5	in	in	ADP
cjal-3321	591	6	the	the	DET
cjal-3321	591	7	private	private	ADJ
cjal-3321	591	8	sale	sale	NOUN
cjal-3321	591	9	scenario	scenario	NOUN
cjal-3321	591	10	disadvantage	disadvantage	NOUN
cjal-3321	591	11	shareholders	shareholder	NOUN
cjal-3321	591	12	by	by	ADP
cjal-3321	591	13	failing	fail	VERB
cjal-3321	591	14	to	to	PART
cjal-3321	591	15	supply	supply	VERB
cjal-3321	591	16	timely	timely	ADJ
cjal-3321	591	17	information	information	NOUN
cjal-3321	591	18	,	,	PUNCT
cjal-3321	591	19	the	the	DET
cjal-3321	591	20	rules	rule	NOUN
cjal-3321	591	21	for	for	ADP
cjal-3321	591	22	public	public	ADJ
cjal-3321	591	23	market	market	NOUN
cjal-3321	591	24	acquisitions	acquisition	NOUN
cjal-3321	591	25	deter	deter	VERB
cjal-3321	591	26	bidders	bidder	NOUN
cjal-3321	591	27	by	by	ADP
cjal-3321	591	28	requiring	require	VERB
cjal-3321	591	29	too	too	ADV
cjal-3321	591	30	many	many	ADJ
cjal-3321	591	31	disclosures	disclosure	NOUN
cjal-3321	591	32	.	.	PUNCT
cjal-3321	592	1	if	if	SCONJ
cjal-3321	592	2	a	a	DET
cjal-3321	592	3	bidder	bidder	NOUN
cjal-3321	592	4	chooses	choose	VERB
cjal-3321	592	5	to	to	PART
cjal-3321	592	6	take	take	VERB
cjal-3321	592	7	over	over	ADP
cjal-3321	592	8	a	a	DET
cjal-3321	592	9	firm	firm	NOUN
cjal-3321	592	10	by	by	ADP
cjal-3321	592	11	purchasing	purchase	VERB
cjal-3321	592	12	stock	stock	NOUN
cjal-3321	592	13	in	in	ADP
cjal-3321	592	14	the	the	DET
cjal-3321	592	15	open	open	ADJ
cjal-3321	592	16	market	market	NOUN
cjal-3321	592	17	,	,	PUNCT
cjal-3321	592	18	the	the	DET
cjal-3321	592	19	disclosure	disclosure	NOUN
cjal-3321	592	20	obligation	obligation	NOUN
cjal-3321	592	21	forces	force	VERB
cjal-3321	592	22	the	the	DET
cjal-3321	592	23	bidder	bidder	NOUN
cjal-3321	592	24	to	to	PART
cjal-3321	592	25	stop	stop	VERB
cjal-3321	592	26	six	six	NUM
cjal-3321	592	27	times	time	NOUN
cjal-3321	592	28	before	before	SCONJ
cjal-3321	592	29	he	he	PRON
cjal-3321	592	30	acquires	acquire	VERB
cjal-3321	592	31	a	a	DET
cjal-3321	592	32	20	20	NUM
cjal-3321	592	33	%	%	NOUN
cjal-3321	592	34	interest	interest	NOUN
cjal-3321	592	35	and	and	CCONJ
cjal-3321	592	36	pause	pause	NOUN
cjal-3321	592	37	for	for	ADP
cjal-3321	592	38	a	a	DET
cjal-3321	592	39	total	total	NOUN
cjal-3321	592	40	of	of	ADP
cjal-3321	592	41	thirteen	thirteen	NUM
cjal-3321	592	42	days	day	NOUN
cjal-3321	592	43	before	before	ADP
cjal-3321	592	44	the	the	DET
cjal-3321	592	45	bidder	bidder	NOUN
cjal-3321	592	46	's	's	PART
cjal-3321	592	47	block	block	NOUN
cjal-3321	592	48	can	can	AUX
cjal-3321	592	49	reach	reach	VERB
cjal-3321	592	50	30	30	NUM
cjal-3321	592	51	%	%	NOUN
cjal-3321	592	52	.	.	PUNCT
cjal-3321	592	53	'	'	PUNCT
cjal-3321	593	1	34	34	NUM
cjal-3321	593	2	every	every	DET
cjal-3321	593	3	stop	stop	NOUN
cjal-3321	593	4	and	and	CCONJ
cjal-3321	593	5	disclosure	disclosure	NOUN
cjal-3321	593	6	is	be	AUX
cjal-3321	593	7	effectively	effectively	ADV
cjal-3321	593	8	a	a	DET
cjal-3321	593	9	broadcast	broadcast	NOUN
cjal-3321	593	10	to	to	ADP
cjal-3321	593	11	the	the	DET
cjal-3321	593	12	market	market	NOUN
cjal-3321	593	13	of	of	ADP
cjal-3321	593	14	the	the	DET
cjal-3321	593	15	buyer	buyer	NOUN
cjal-3321	593	16	's	's	PART
cjal-3321	593	17	interest	interest	NOUN
cjal-3321	593	18	in	in	ADP
cjal-3321	593	19	the	the	DET
cjal-3321	593	20	target	target	NOUN
cjal-3321	593	21	.	.	PUNCT
cjal-3321	594	1	with	with	ADP
cjal-3321	594	2	each	each	DET
cjal-3321	594	3	pause	pause	NOUN
cjal-3321	594	4	,	,	PUNCT
cjal-3321	594	5	the	the	DET
cjal-3321	594	6	price	price	NOUN
cjal-3321	594	7	of	of	ADP
cjal-3321	594	8	the	the	DET
cjal-3321	594	9	target	target	NOUN
cjal-3321	594	10	goes	go	VERB
cjal-3321	594	11	up	up	ADP
cjal-3321	594	12	.	.	PUNCT
cjal-3321	595	1	the	the	DET
cjal-3321	595	2	excessive	excessive	ADJ
cjal-3321	595	3	disclosure	disclosure	NOUN
cjal-3321	595	4	thus	thus	ADV
cjal-3321	595	5	eliminates	eliminate	VERB
cjal-3321	595	6	almost	almost	ADV
cjal-3321	595	7	all	all	DET
cjal-3321	595	8	the	the	DET
cjal-3321	595	9	premium	premium	NOUN
cjal-3321	595	10	that	that	PRON
cjal-3321	595	11	the	the	DET
cjal-3321	595	12	bidder	bidder	NOUN
cjal-3321	595	13	would	would	AUX
cjal-3321	595	14	have	have	AUX
cjal-3321	595	15	attained	attain	VERB
cjal-3321	595	16	under	under	ADP
cjal-3321	595	17	less	less	ADV
cjal-3321	595	18	frequent	frequent	ADJ
cjal-3321	595	19	disclosure	disclosure	NOUN
cjal-3321	595	20	requirements	requirement	NOUN
cjal-3321	595	21	.	.	PUNCT
cjal-3321	596	1	worst	bad	ADJ
cjal-3321	596	2	of	of	ADP
cjal-3321	596	3	all	all	PRON
cjal-3321	596	4	,	,	PUNCT
cjal-3321	596	5	the	the	DET
cjal-3321	596	6	prolonged	prolonged	ADJ
cjal-3321	596	7	disclosure	disclosure	NOUN
cjal-3321	596	8	and	and	CCONJ
cjal-3321	596	9	waiting	waiting	NOUN
cjal-3321	596	10	period	period	NOUN
cjal-3321	596	11	opens	open	VERB
cjal-3321	596	12	the	the	DET
cjal-3321	596	13	window	window	NOUN
cjal-3321	596	14	for	for	SCONJ
cjal-3321	596	15	more	more	ADJ
cjal-3321	596	16	competitors	competitor	NOUN
cjal-3321	596	17	to	to	PART
cjal-3321	596	18	pursue	pursue	VERB
cjal-3321	596	19	the	the	DET
cjal-3321	596	20	target	target	NOUN
cjal-3321	596	21	and	and	CCONJ
cjal-3321	596	22	effectively	effectively	ADV
cjal-3321	596	23	transform	transform	VERB
cjal-3321	596	24	the	the	DET
cjal-3321	596	25	takeover	takeover	NOUN
cjal-3321	596	26	action	action	NOUN
cjal-3321	596	27	into	into	ADP
cjal-3321	596	28	an	an	DET
cjal-3321	596	29	auction	auction	NOUN
cjal-3321	596	30	.	.	PUNCT
cjal-3321	597	1	while	while	SCONJ
cjal-3321	597	2	auction	auction	NOUN
cjal-3321	597	3	in	in	ADP
cjal-3321	597	4	some	some	DET
cjal-3321	597	5	cases	case	NOUN
cjal-3321	597	6	is	be	AUX
cjal-3321	597	7	a	a	DET
cjal-3321	597	8	helpful	helpful	ADJ
cjal-3321	597	9	mechanism	mechanism	NOUN
cjal-3321	597	10	to	to	PART
cjal-3321	597	11	maximize	maximize	VERB
cjal-3321	597	12	shareholders	shareholder	NOUN
cjal-3321	597	13	'	'	PART
cjal-3321	597	14	value	value	NOUN
cjal-3321	597	15	,	,	PUNCT
cjal-3321	597	16	a	a	DET
cjal-3321	597	17	unanimous	unanimous	ADJ
cjal-3321	597	18	auction	auction	NOUN
cjal-3321	597	19	can	can	AUX
cjal-3321	597	20	increase	increase	VERB
cjal-3321	597	21	takeover	takeover	NOUN
cjal-3321	597	22	costs	cost	NOUN
cjal-3321	597	23	excessively	excessively	ADV
cjal-3321	597	24	and	and	CCONJ
cjal-3321	597	25	make	make	VERB
cjal-3321	597	26	the	the	DET
cjal-3321	597	27	takeover	takeover	NOUN
cjal-3321	597	28	unattractive	unattractive	ADJ
cjal-3321	597	29	.	.	PUNCT
cjal-3321	597	30	'	'	PUNCT
cjal-3321	598	1	3	3	NUM
cjal-3321	598	2	what	what	PRON
cjal-3321	598	3	can	can	AUX
cjal-3321	598	4	be	be	AUX
cjal-3321	598	5	the	the	DET
cjal-3321	598	6	motivations	motivation	NOUN
cjal-3321	598	7	underlying	underlie	VERB
cjal-3321	598	8	these	these	DET
cjal-3321	598	9	disclosure	disclosure	NOUN
cjal-3321	598	10	requirements	requirement	NOUN
cjal-3321	598	11	?	?	PUNCT
cjal-3321	599	1	in	in	ADP
cjal-3321	599	2	addition	addition	NOUN
cjal-3321	599	3	to	to	ADP
cjal-3321	599	4	attracting	attract	VERB
cjal-3321	599	5	more	more	ADJ
cjal-3321	599	6	competing	compete	VERB
cjal-3321	599	7	bids	bid	NOUN
cjal-3321	599	8	to	to	PART
cjal-3321	599	9	increase	increase	VERB
cjal-3321	599	10	existing	exist	VERB
cjal-3321	599	11	shareholders	shareholder	NOUN
cjal-3321	599	12	'	'	PART
cjal-3321	599	13	leverage	leverage	NOUN
cjal-3321	599	14	,	,	PUNCT
cjal-3321	599	15	one	one	NUM
cjal-3321	599	16	possible	possible	ADJ
cjal-3321	599	17	justification	justification	NOUN
cjal-3321	599	18	for	for	ADP
cjal-3321	599	19	the	the	DET
cjal-3321	599	20	frequent	frequent	ADJ
cjal-3321	599	21	and	and	CCONJ
cjal-3321	599	22	prolonged	prolonged	ADJ
cjal-3321	599	23	disclosure	disclosure	NOUN
cjal-3321	599	24	requirement	requirement	NOUN
cjal-3321	599	25	may	may	AUX
cjal-3321	599	26	be	be	AUX
cjal-3321	599	27	a	a	DET
cjal-3321	599	28	desire	desire	NOUN
cjal-3321	599	29	for	for	ADP
cjal-3321	599	30	meaningful	meaningful	ADJ
cjal-3321	599	31	information	information	NOUN
cjal-3321	599	32	dissemination	dissemination	NOUN
cjal-3321	599	33	.	.	PUNCT
cjal-3321	600	1	disclosure	disclosure	NOUN
cjal-3321	600	2	requirements	requirement	NOUN
cjal-3321	600	3	in	in	ADP
cjal-3321	600	4	the	the	DET
cjal-3321	600	5	takeover	takeover	NOUN
cjal-3321	600	6	context	context	NOUN
cjal-3321	600	7	are	be	AUX
cjal-3321	600	8	generally	generally	ADV
cjal-3321	600	9	premised	premise	VERB
cjal-3321	600	10	on	on	ADP
cjal-3321	600	11	the	the	DET
cjal-3321	600	12	view	view	NOUN
cjal-3321	600	13	that	that	SCONJ
cjal-3321	600	14	information	information	NOUN
cjal-3321	600	15	disclosure	disclosure	NOUN
cjal-3321	600	16	is	be	AUX
cjal-3321	600	17	ineffective	ineffective	ADJ
cjal-3321	600	18	unless	unless	SCONJ
cjal-3321	600	19	shareholders	shareholder	NOUN
cjal-3321	600	20	are	be	AUX
cjal-3321	600	21	given	give	VERB
cjal-3321	600	22	sufficient	sufficient	ADJ
cjal-3321	600	23	time	time	NOUN
cjal-3321	600	24	to	to	PART
cjal-3321	600	25	absorb	absorb	VERB
cjal-3321	600	26	the	the	DET
cjal-3321	600	27	information	information	NOUN
cjal-3321	600	28	before	before	SCONJ
cjal-3321	600	29	they	they	PRON
cjal-3321	600	30	have	have	VERB
cjal-3321	600	31	to	to	PART
cjal-3321	600	32	act	act	VERB
cjal-3321	600	33	on	on	ADP
cjal-3321	600	34	it	it	PRON
cjal-3321	600	35	.	.	PUNCT
cjal-3321	601	1	'36	'36	NUM
cjal-3321	602	1	but	but	CCONJ
cjal-3321	602	2	with	with	ADP
cjal-3321	602	3	the	the	DET
cjal-3321	602	4	development	development	NOUN
cjal-3321	602	5	of	of	ADP
cjal-3321	602	6	modern	modern	ADJ
cjal-3321	602	7	technology	technology	NOUN
cjal-3321	602	8	,	,	PUNCT
cjal-3321	602	9	information	information	NOUN
cjal-3321	602	10	can	can	AUX
cjal-3321	602	11	be	be	AUX
cjal-3321	602	12	disseminated	disseminate	VERB
cjal-3321	602	13	within	within	ADP
cjal-3321	602	14	seconds	second	NOUN
cjal-3321	602	15	.	.	PUNCT
cjal-3321	603	1	in	in	ADP
cjal-3321	603	2	the	the	DET
cjal-3321	603	3	contemporary	contemporary	ADJ
cjal-3321	603	4	business	business	NOUN
cjal-3321	603	5	world	world	NOUN
cjal-3321	603	6	,	,	PUNCT
cjal-3321	603	7	once	once	ADV
cjal-3321	603	8	valuable	valuable	ADJ
cjal-3321	603	9	information	information	NOUN
cjal-3321	603	10	is	be	AUX
cjal-3321	603	11	exhaustively	exhaustively	ADV
cjal-3321	603	12	disseminated	disseminate	VERB
cjal-3321	603	13	,	,	PUNCT
cjal-3321	603	14	information	information	NOUN
cjal-3321	603	15	disclosures	disclosure	NOUN
cjal-3321	603	16	,	,	PUNCT
cjal-3321	603	17	including	include	VERB
cjal-3321	603	18	unsubstantiated	unsubstantiated	ADJ
cjal-3321	603	19	rumors	rumor	NOUN
cjal-3321	603	20	,	,	PUNCT
cjal-3321	603	21	can	can	AUX
cjal-3321	603	22	be	be	AUX
cjal-3321	603	23	influential	influential	ADJ
cjal-3321	603	24	even	even	ADV
cjal-3321	603	25	if	if	SCONJ
cjal-3321	603	26	they	they	PRON
cjal-3321	603	27	are	be	AUX
cjal-3321	603	28	inaccurate	inaccurate	ADJ
cjal-3321	603	29	.	.	PUNCT
cjal-3321	604	1	'37	'37	NUM
cjal-3321	604	2	to	to	ADP
cjal-3321	604	3	that	that	DET
cjal-3321	604	4	end	end	NOUN
cjal-3321	604	5	,	,	PUNCT
cjal-3321	604	6	it	it	PRON
cjal-3321	604	7	seems	seem	VERB
cjal-3321	604	8	unnecessary	unnecessary	ADJ
cjal-3321	604	9	to	to	PART
cjal-3321	604	10	demand	demand	VERB
cjal-3321	604	11	so	so	ADV
cjal-3321	604	12	many	many	ADJ
cjal-3321	604	13	window	window	NOUN
cjal-3321	604	14	periods	period	NOUN
cjal-3321	604	15	.	.	PUNCT
cjal-3321	605	1	instead	instead	ADV
cjal-3321	605	2	,	,	PUNCT
cjal-3321	605	3	the	the	DET
cjal-3321	605	4	csrc	csrc	NOUN
cjal-3321	605	5	's	's	PART
cjal-3321	605	6	soe	soe	ADJ
cjal-3321	605	7	-	-	PUNCT
cjal-3321	605	8	friendly	friendly	ADJ
cjal-3321	605	9	approach	approach	NOUN
cjal-3321	605	10	is	be	AUX
cjal-3321	605	11	a	a	DET
cjal-3321	605	12	more	more	ADV
cjal-3321	605	13	likely	likely	ADJ
cjal-3321	605	14	reason	reason	NOUN
cjal-3321	605	15	for	for	ADP
cjal-3321	605	16	the	the	DET
cjal-3321	605	17	disclosure	disclosure	NOUN
cjal-3321	605	18	rules	rule	NOUN
cjal-3321	605	19	.	.	PUNCT
cjal-3321	606	1	as	as	SCONJ
cjal-3321	606	2	discussed	discuss	VERB
cjal-3321	606	3	in	in	ADP
cjal-3321	606	4	part	part	NOUN
cjal-3321	606	5	ii.b	ii.b	NOUN
cjal-3321	606	6	,	,	PUNCT
cjal-3321	606	7	reform	reform	NOUN
cjal-3321	606	8	of	of	ADP
cjal-3321	606	9	soes	soe	NOUN
cjal-3321	606	10	has	have	AUX
cjal-3321	606	11	been	be	AUX
cjal-3321	606	12	the	the	DET
cjal-3321	606	13	key	key	ADJ
cjal-3321	606	14	task	task	NOUN
cjal-3321	606	15	in	in	ADP
cjal-3321	606	16	the	the	DET
cjal-3321	606	17	past	past	NOUN
cjal-3321	606	18	.	.	PUNCT
cjal-3321	607	1	prompted	prompt	VERB
cjal-3321	607	2	by	by	ADP
cjal-3321	607	3	a	a	DET
cjal-3321	607	4	fear	fear	NOUN
cjal-3321	607	5	of	of	ADP
cjal-3321	607	6	losing	lose	VERB
cjal-3321	607	7	state	state	NOUN
cjal-3321	607	8	-	-	PUNCT
cjal-3321	607	9	owned	own	VERB
cjal-3321	607	10	assets	asset	NOUN
cjal-3321	607	11	(	(	PUNCT
cjal-3321	607	12	soas	soas	ADJ
cjal-3321	607	13	)	)	PUNCT
cjal-3321	607	14	,	,	PUNCT
cjal-3321	607	15	the	the	DET
cjal-3321	607	16	central	central	ADJ
cjal-3321	607	17	government	government	NOUN
cjal-3321	607	18	is	be	AUX
cjal-3321	607	19	determined	determine	VERB
cjal-3321	607	20	to	to	PART
cjal-3321	607	21	scrutinize	scrutinize	VERB
cjal-3321	607	22	as	as	ADP
cjal-3321	607	23	many	many	ADJ
cjal-3321	607	24	transactions	transaction	NOUN
cjal-3321	607	25	involving	involve	VERB
cjal-3321	607	26	soas	soas	ADJ
cjal-3321	607	27	as	as	ADP
cjal-3321	607	28	possible	possible	ADJ
cjal-3321	607	29	.	.	PUNCT
cjal-3321	608	1	both	both	CCONJ
cjal-3321	608	2	the	the	DET
cjal-3321	608	3	measures	measure	NOUN
cjal-3321	608	4	'	'	PART
cjal-3321	608	5	disclosure	disclosure	NOUN
cjal-3321	608	6	and	and	CCONJ
cjal-3321	608	7	outsourcing	outsourcing	NOUN
cjal-3321	608	8	requirements	requirement	NOUN
cjal-3321	608	9	cater	cater	VERB
cjal-3321	608	10	to	to	ADP
cjal-3321	608	11	this	this	DET
cjal-3321	608	12	desire	desire	NOUN
cjal-3321	608	13	for	for	ADP
cjal-3321	608	14	greater	great	ADJ
cjal-3321	608	15	scrutiny	scrutiny	NOUN
cjal-3321	608	16	.	.	PUNCT
cjal-3321	609	1	the	the	DET
cjal-3321	609	2	csrc	csrc	NOUN
cjal-3321	609	3	's	's	PART
cjal-3321	609	4	frequent	frequent	ADJ
cjal-3321	609	5	and	and	CCONJ
cjal-3321	609	6	prolonged	prolonged	ADJ
cjal-3321	609	7	disclosure	disclosure	NOUN
cjal-3321	609	8	requirements	requirement	NOUN
cjal-3321	609	9	,	,	PUNCT
cjal-3321	609	10	with	with	ADP
cjal-3321	609	11	their	their	PRON
cjal-3321	609	12	multiple	multiple	ADJ
cjal-3321	609	13	stop	stop	NOUN
cjal-3321	609	14	periods	period	NOUN
cjal-3321	609	15	,	,	PUNCT
cjal-3321	609	16	provide	provide	VERB
cjal-3321	609	17	the	the	DET
cjal-3321	609	18	soasac	soasac	NOUN
cjal-3321	609	19	with	with	ADP
cjal-3321	609	20	time	time	NOUN
cjal-3321	609	21	to	to	PART
cjal-3321	609	22	review	review	VERB
cjal-3321	609	23	transactions	transaction	NOUN
cjal-3321	609	24	and	and	CCONJ
cjal-3321	609	25	complete	complete	VERB
cjal-3321	609	26	all	all	DET
cjal-3321	609	27	bureaucratic	bureaucratic	ADJ
cjal-3321	609	28	-34	-34	PUNCT
cjal-3321	609	29	disclosure	disclosure	NOUN
cjal-3321	609	30	is	be	AUX
cjal-3321	609	31	followed	follow	VERB
cjal-3321	609	32	by	by	ADP
cjal-3321	609	33	a	a	DET
cjal-3321	609	34	two	two	NUM
cjal-3321	609	35	-	-	PUNCT
cjal-3321	609	36	day	day	NOUN
cjal-3321	609	37	window	window	NOUN
cjal-3321	609	38	period	period	NOUN
cjal-3321	609	39	except	except	SCONJ
cjal-3321	609	40	for	for	ADP
cjal-3321	609	41	the	the	DET
cjal-3321	609	42	first	first	ADJ
cjal-3321	609	43	disclosure	disclosure	NOUN
cjal-3321	609	44	,	,	PUNCT
cjal-3321	609	45	which	which	PRON
cjal-3321	609	46	is	be	AUX
cjal-3321	609	47	followed	follow	VERB
cjal-3321	609	48	by	by	ADP
cjal-3321	609	49	a	a	DET
cjal-3321	609	50	three	three	NUM
cjal-3321	609	51	-	-	PUNCT
cjal-3321	609	52	day	day	NOUN
cjal-3321	609	53	window	window	NOUN
cjal-3321	609	54	period	period	NOUN
cjal-3321	609	55	.	.	PUNCT
cjal-3321	610	1	see	see	VERB
cjal-3321	610	2	supra	supra	PROPN
cjal-3321	610	3	note	note	PROPN
cjal-3321	610	4	24	24	NUM
cjal-3321	610	5	and	and	CCONJ
cjal-3321	610	6	accompanying	accompany	VERB
cjal-3321	610	7	text	text	NOUN
cjal-3321	610	8	.	.	PUNCT
cjal-3321	611	1	"	"	PUNCT
cjal-3321	611	2	3	3	NUM
cjal-3321	611	3	romano	romano	NOUN
cjal-3321	611	4	,	,	PUNCT
cjal-3321	611	5	supra	supra	PROPN
cjal-3321	611	6	note	note	NOUN
cjal-3321	612	1	i	i	PRON
cjal-3321	612	2	,	,	PUNCT
cjal-3321	612	3	at	at	ADP
cjal-3321	612	4	161	161	NUM
cjal-3321	612	5	-	-	SYM
cjal-3321	612	6	69	69	NUM
cjal-3321	612	7	.	.	PUNCT
cjal-3321	613	1	36	36	NUM
cjal-3321	613	2	kraakman	kraakman	ADJ
cjal-3321	613	3	,	,	PUNCT
cjal-3321	613	4	supra	supra	PROPN
cjal-3321	613	5	note	note	NOUN
cjal-3321	613	6	34	34	NUM
cjal-3321	613	7	,	,	PUNCT
cjal-3321	613	8	at	at	ADP
cjal-3321	613	9	250	250	NUM
cjal-3321	613	10	.	.	PUNCT
cjal-3321	614	1	,	,	PUNCT
cjal-3321	614	2	37	37	NUM
cjal-3321	614	3	jeffery	jeffery	PROPN
cjal-3321	614	4	n.	n.	PROPN
cjal-3321	614	5	gordon	gordon	PROPN
cjal-3321	614	6	&	&	CCONJ
cjal-3321	614	7	lewis	lewis	PROPN
cjal-3321	614	8	a.	a.	PROPN
cjal-3321	614	9	kornhauser	kornhauser	PROPN
cjal-3321	614	10	,	,	PUNCT
cjal-3321	614	11	efficient	efficient	ADJ
cjal-3321	614	12	market	market	NOUN
cjal-3321	614	13	,	,	PUNCT
cjal-3321	614	14	costly	costly	ADJ
cjal-3321	614	15	information	information	NOUN
cjal-3321	614	16	,	,	PUNCT
cjal-3321	614	17	and	and	CCONJ
cjal-3321	614	18	securities	security	NOUN
cjal-3321	614	19	research	research	NOUN
cjal-3321	614	20	,	,	PUNCT
cjal-3321	614	21	6o	6o	NUM
cjal-3321	614	22	n.y.u	n.y.u	NOUN
cjal-3321	614	23	.	.	PUNCT
cjal-3321	614	24	l.	l.	PROPN
cjal-3321	614	25	rev	rev	PROPN
cjal-3321	614	26	.	.	PROPN
cjal-3321	614	27	761	761	NUM
cjal-3321	614	28	,	,	PUNCT
cjal-3321	614	29	765	765	NUM
cjal-3321	614	30	-	-	SYM
cjal-3321	614	31	76	76	NUM
cjal-3321	614	32	(	(	PUNCT
cjal-3321	614	33	1985	1985	NUM
cjal-3321	614	34	)	)	PUNCT
cjal-3321	614	35	.	.	PUNCT
cjal-3321	615	1	the	the	DET
cjal-3321	615	2	efficacy	efficacy	NOUN
cjal-3321	615	3	of	of	ADP
cjal-3321	615	4	chinese	chinese	ADJ
cjal-3321	615	5	takeover	takeover	NOUN
cjal-3321	615	6	laws	law	NOUN
cjal-3321	615	7	procedures	procedure	NOUN
cjal-3321	615	8	.	.	PUNCT
cjal-3321	616	1	furthermore	furthermore	ADV
cjal-3321	616	2	,	,	PUNCT
cjal-3321	616	3	the	the	DET
cjal-3321	616	4	outsourcing	outsourcing	NOUN
cjal-3321	616	5	requirements	requirement	NOUN
cjal-3321	616	6	enable	enable	VERB
cjal-3321	616	7	the	the	DET
cjal-3321	616	8	soasac	soasac	NOUN
cjal-3321	616	9	and	and	CCONJ
cjal-3321	616	10	the	the	DET
cjal-3321	616	11	csrc	csrc	NOUN
cjal-3321	616	12	to	to	PART
cjal-3321	616	13	have	have	VERB
cjal-3321	616	14	professional	professional	ADJ
cjal-3321	616	15	reviews	review	NOUN
cjal-3321	616	16	of	of	ADP
cjal-3321	616	17	the	the	DET
cjal-3321	616	18	transactions	transaction	NOUN
cjal-3321	616	19	.	.	PUNCT
cjal-3321	617	1	38	38	NUM
cjal-3321	617	2	similarly	similarly	ADV
cjal-3321	617	3	,	,	PUNCT
cjal-3321	617	4	the	the	DET
cjal-3321	617	5	mandatory	mandatory	ADJ
cjal-3321	617	6	bid	bid	NOUN
cjal-3321	617	7	rule	rule	NOUN
cjal-3321	617	8	is	be	AUX
cjal-3321	617	9	also	also	ADV
cjal-3321	617	10	purported	purport	VERB
cjal-3321	617	11	'	'	PUNCT
cjal-3321	617	12	to	to	PART
cjal-3321	617	13	protect	protect	VERB
cjal-3321	617	14	shareholders	shareholder	NOUN
cjal-3321	617	15	'	'	PART
cjal-3321	617	16	interests	interest	NOUN
cjal-3321	617	17	'	'	PART
cjal-3321	617	18	3	3	NUM
cjal-3321	617	19	9	9	NUM
cjal-3321	617	20	but	but	CCONJ
cjal-3321	617	21	may	may	AUX
cjal-3321	617	22	have	have	AUX
cjal-3321	617	23	instead	instead	ADV
cjal-3321	617	24	worked	work	VERB
cjal-3321	617	25	to	to	ADP
cjal-3321	617	26	their	their	PRON
cjal-3321	617	27	detriment	detriment	NOUN
cjal-3321	617	28	.	.	PUNCT
cjal-3321	618	1	the	the	DET
cjal-3321	618	2	rule	rule	NOUN
cjal-3321	618	3	is	be	AUX
cjal-3321	618	4	imported	import	VERB
cjal-3321	618	5	from	from	ADP
cjal-3321	618	6	western	western	ADJ
cjal-3321	618	7	countries	country	NOUN
cjal-3321	618	8	,	,	PUNCT
cjal-3321	618	9	particularly	particularly	ADV
cjal-3321	618	10	from	from	ADP
cjal-3321	618	11	britain	britain	PROPN
cjal-3321	618	12	.	.	PUNCT
cjal-3321	619	1	its	its	PRON
cjal-3321	619	2	primary	primary	ADJ
cjal-3321	619	3	function	function	NOUN
cjal-3321	619	4	is	be	AUX
cjal-3321	619	5	to	to	PART
cjal-3321	619	6	prevent	prevent	VERB
cjal-3321	619	7	acquirers	acquirer	NOUN
cjal-3321	619	8	from	from	ADP
cjal-3321	619	9	making	make	VERB
cjal-3321	619	10	coercive	coercive	ADJ
cjal-3321	619	11	bids	bid	NOUN
cjal-3321	619	12	.	.	PUNCT
cjal-3321	619	13	'4	'4	PUNCT
cjal-3321	620	1	°	°	VERB
cjal-3321	620	2	it	it	PRON
cjal-3321	620	3	protects	protect	VERB
cjal-3321	620	4	minority	minority	NOUN
cjal-3321	620	5	shareholders	shareholder	NOUN
cjal-3321	620	6	by	by	ADP
cjal-3321	620	7	ensuring	ensure	VERB
cjal-3321	620	8	that	that	SCONJ
cjal-3321	620	9	all	all	DET
cjal-3321	620	10	shareholders	shareholder	NOUN
cjal-3321	620	11	have	have	VERB
cjal-3321	620	12	the	the	DET
cjal-3321	620	13	opportunity	opportunity	NOUN
cjal-3321	620	14	to	to	PART
cjal-3321	620	15	tap	tap	VERB
cjal-3321	620	16	into	into	ADP
cjal-3321	620	17	a	a	DET
cjal-3321	620	18	share	share	NOUN
cjal-3321	620	19	of	of	ADP
cjal-3321	620	20	the	the	DET
cjal-3321	620	21	control	control	NOUN
cjal-3321	620	22	premium	premium	NOUN
cjal-3321	620	23	.	.	PUNCT
cjal-3321	620	24	'	'	PUNCT
cjal-3321	621	1	but	but	CCONJ
cjal-3321	621	2	this	this	DET
cjal-3321	621	3	rule	rule	NOUN
cjal-3321	621	4	,	,	PUNCT
cjal-3321	621	5	contrary	contrary	ADV
cjal-3321	621	6	to	to	ADP
cjal-3321	621	7	the	the	DET
cjal-3321	621	8	beliefs	belief	NOUN
cjal-3321	621	9	of	of	ADP
cjal-3321	621	10	many	many	ADJ
cjal-3321	621	11	,	,	PUNCT
cjal-3321	621	12	is	be	AUX
cjal-3321	621	13	not	not	PART
cjal-3321	621	14	indisputably	indisputably	ADV
cjal-3321	621	15	shareholder	shareholder	NOUN
cjal-3321	621	16	-	-	PUNCT
cjal-3321	621	17	friendly	friendly	ADJ
cjal-3321	621	18	.	.	PUNCT
cjal-3321	622	1	'	'	PUNCT
cjal-3321	622	2	42	42	NUM
cjal-3321	622	3	as	as	ADP
cjal-3321	622	4	reinier	reinier	ADJ
cjal-3321	622	5	kraakman	kraakman	NOUN
cjal-3321	622	6	has	have	AUX
cjal-3321	622	7	pointed	point	VERB
cjal-3321	622	8	out	out	ADP
cjal-3321	622	9	,	,	PUNCT
cjal-3321	622	10	"	"	PUNCT
cjal-3321	622	11	(	(	PUNCT
cjal-3321	622	12	a	a	DET
cjal-3321	622	13	]	]	X
cjal-3321	622	14	system	system	NOUN
cjal-3321	622	15	which	which	PRON
cjal-3321	622	16	rigorously	rigorously	ADV
cjal-3321	622	17	controls	control	VERB
cjal-3321	622	18	defensive	defensive	ADJ
cjal-3321	622	19	tactics	tactic	NOUN
cjal-3321	622	20	on	on	ADP
cjal-3321	622	21	the	the	DET
cjal-3321	622	22	part	part	NOUN
cjal-3321	622	23	of	of	ADP
cjal-3321	622	24	management	management	NOUN
cjal-3321	622	25	may	may	AUX
cjal-3321	622	26	nevertheless	nevertheless	ADV
cjal-3321	622	27	still	still	ADV
cjal-3321	622	28	chill	chill	VERB
cjal-3321	622	29	takeover	takeover	NOUN
cjal-3321	622	30	,	,	PUNCT
cjal-3321	622	31	say	say	INTJ
cjal-3321	622	32	,	,	PUNCT
cjal-3321	622	33	strict	strict	ADJ
cjal-3321	622	34	insistence	insistence	NOUN
cjal-3321	622	35	upon	upon	SCONJ
cjal-3321	622	36	equality	equality	NOUN
cjal-3321	622	37	of	of	ADP
cjal-3321	622	38	treatment	treatment	NOUN
cjal-3321	622	39	of	of	ADP
cjal-3321	622	40	the	the	DET
cjal-3321	622	41	target	target	NOUN
cjal-3321	622	42	shareholders	shareholder	NOUN
cjal-3321	622	43	by	by	ADP
cjal-3321	622	44	the	the	DET
cjal-3321	622	45	acquirer	acquirer	NOUN
cjal-3321	622	46	or	or	CCONJ
cjal-3321	622	47	the	the	DET
cjal-3321	622	48	prohibition	prohibition	NOUN
cjal-3321	622	49	of	of	ADP
cjal-3321	622	50	partial	partial	ADJ
cjal-3321	622	51	bids	bid	NOUN
cjal-3321	622	52	.	.	PUNCT
cjal-3321	623	1	""'4	""'4	PUNCT
cjal-3321	624	1	the	the	DET
cjal-3321	624	2	chilling	chilling	ADJ
cjal-3321	624	3	effect	effect	NOUN
cjal-3321	624	4	of	of	ADP
cjal-3321	624	5	the	the	DET
cjal-3321	624	6	mandatory	mandatory	ADJ
cjal-3321	624	7	bid	bid	NOUN
cjal-3321	624	8	rule	rule	NOUN
cjal-3321	624	9	is	be	AUX
cjal-3321	624	10	obvious	obvious	ADJ
cjal-3321	624	11	in	in	ADP
cjal-3321	624	12	the	the	DET
cjal-3321	624	13	chinese	chinese	ADJ
cjal-3321	624	14	capital	capital	NOUN
cjal-3321	624	15	market	market	NOUN
cjal-3321	624	16	.	.	PUNCT
cjal-3321	625	1	private	private	ADJ
cjal-3321	625	2	firms	firm	NOUN
cjal-3321	625	3	usually	usually	ADV
cjal-3321	625	4	find	find	VERB
cjal-3321	625	5	it	it	PRON
cjal-3321	625	6	very	very	ADV
cjal-3321	625	7	difficult	difficult	ADJ
cjal-3321	625	8	to	to	PART
cjal-3321	625	9	obtain	obtain	VERB
cjal-3321	625	10	takeover	takeover	NOUN
cjal-3321	625	11	capital	capital	NOUN
cjal-3321	625	12	from	from	ADP
cjal-3321	625	13	financial	financial	ADJ
cjal-3321	625	14	institutions	institution	NOUN
cjal-3321	625	15	.	.	PUNCT
cjal-3321	625	16	'	'	PUNCT
cjal-3321	626	1	44	44	NUM
cjal-3321	626	2	because	because	SCONJ
cjal-3321	626	3	leveraging	leverage	VERB
cjal-3321	626	4	and	and	CCONJ
cjal-3321	626	5	borrowing	borrowing	NOUN
cjal-3321	626	6	between	between	ADP
cjal-3321	626	7	private	private	ADJ
cjal-3321	626	8	firms	firm	NOUN
cjal-3321	626	9	are	be	AUX
cjal-3321	626	10	illegal,'45	illegal,'45	PROPN
cjal-3321	626	11	they	they	PRON
cjal-3321	626	12	need	need	VERB
cjal-3321	626	13	a	a	DET
cjal-3321	626	14	sizable	sizable	ADJ
cjal-3321	626	15	and	and	CCONJ
cjal-3321	626	16	self	self	NOUN
cjal-3321	626	17	-	-	PUNCT
cjal-3321	626	18	owned	own	VERB
cjal-3321	626	19	capital	capital	NOUN
cjal-3321	626	20	to	to	PART
cjal-3321	626	21	finance	finance	VERB
cjal-3321	626	22	takeovers	takeover	NOUN
cjal-3321	626	23	.	.	PUNCT
cjal-3321	627	1	this	this	DET
cjal-3321	627	2	financing	financing	NOUN
cjal-3321	627	3	burden	burden	NOUN
cjal-3321	627	4	is	be	AUX
cjal-3321	627	5	further	far	ADV
cjal-3321	627	6	heightened	heighten	VERB
cjal-3321	627	7	by	by	ADP
cjal-3321	627	8	the	the	DET
cjal-3321	627	9	mandatory	mandatory	ADJ
cjal-3321	627	10	bid	bid	NOUN
cjal-3321	627	11	rule	rule	NOUN
cjal-3321	627	12	's	's	PART
cjal-3321	627	13	requirement	requirement	NOUN
cjal-3321	627	14	that	that	SCONJ
cjal-3321	627	15	a	a	DET
cjal-3321	627	16	bidder	bidder	NOUN
cjal-3321	627	17	buy	buy	VERB
cjal-3321	627	18	all	all	DET
cjal-3321	627	19	the	the	DET
cjal-3321	627	20	shares	share	NOUN
cjal-3321	627	21	tendered	tender	VERB
cjal-3321	627	22	to	to	ADP
cjal-3321	627	23	the	the	DET
cjal-3321	627	24	bidder	bidder	NOUN
cjal-3321	627	25	.	.	PUNCT
cjal-3321	628	1	this	this	PRON
cjal-3321	628	2	not	not	PART
cjal-3321	628	3	only	only	ADV
cjal-3321	628	4	hinders	hinder	NOUN
cjal-3321	628	5	.	.	PUNCT
cjal-3321	629	1	chinese	chinese	ADJ
cjal-3321	629	2	private	private	ADJ
cjal-3321	629	3	firms	firm	NOUN
cjal-3321	629	4	from	from	ADP
cjal-3321	629	5	planning	plan	VERB
cjal-3321	629	6	a	a	DET
cjal-3321	629	7	takeover	takeover	NOUN
cjal-3321	629	8	but	but	CCONJ
cjal-3321	629	9	also	also	ADV
cjal-3321	629	10	lowers	lower	VERB
cjal-3321	629	11	the	the	DET
cjal-3321	629	12	rewards	reward	NOUN
cjal-3321	629	13	of	of	ADP
cjal-3321	629	14	a	a	DET
cjal-3321	629	15	takeover	takeover	NOUN
cjal-3321	629	16	:	:	PUNCT
cjal-3321	629	17	the	the	DET
cjal-3321	629	18	bidder	bidder	NOUN
cjal-3321	629	19	must	must	AUX
cjal-3321	629	20	share	share	VERB
cjal-3321	629	21	the	the	DET
cjal-3321	629	22	control	control	NOUN
cjal-3321	629	23	premium	premium	NOUN
cjal-3321	629	24	with	with	ADP
cjal-3321	629	25	the	the	DET
cjal-3321	629	26	target	target	NOUN
cjal-3321	629	27	's	's	PART
cjal-3321	629	28	shareholders	shareholder	NOUN
cjal-3321	629	29	,	,	PUNCT
cjal-3321	629	30	leaving	leave	VERB
cjal-3321	629	31	the	the	DET
cjal-3321	629	32	bidder	bidder	NOUN
cjal-3321	629	33	only	only	ADV
cjal-3321	629	34	with	with	ADP
cjal-3321	629	35	synergy	synergy	NOUN
cjal-3321	629	36	gains	gain	NOUN
cjal-3321	629	37	.	.	PUNCT
cjal-3321	630	1	although	although	SCONJ
cjal-3321	630	2	private	private	ADJ
cjal-3321	630	3	firms	firm	NOUN
cjal-3321	630	4	nowadays	nowadays	ADV
cjal-3321	630	5	can	can	AUX
cjal-3321	630	6	form	form	VERB
cjal-3321	630	7	joint	joint	ADJ
cjal-3321	630	8	ventures	venture	NOUN
cjal-3321	630	9	with	with	ADP
cjal-3321	630	10	international	international	ADJ
cjal-3321	630	11	13	13	NUM
cjal-3321	630	12	8	8	NUM
cjal-3321	630	13	see	see	VERB
cjal-3321	630	14	measures	measure	NOUN
cjal-3321	630	15	for	for	ADP
cjal-3321	630	16	administration	administration	NOUN
cjal-3321	630	17	of	of	ADP
cjal-3321	630	18	takeovers	takeover	NOUN
cjal-3321	630	19	,	,	PUNCT
cjal-3321	630	20	supra	supra	PROPN
cjal-3321	630	21	note	note	NOUN
cjal-3321	630	22	6	6	NUM
cjal-3321	630	23	,	,	PUNCT
cjal-3321	630	24	art	art	NOUN
cjal-3321	630	25	.	.	PUNCT
cjal-3321	631	1	9	9	NUM
cjal-3321	631	2	;	;	PUNCT
cjal-3321	631	3	securities	security	NOUN
cjal-3321	631	4	law	law	NOUN
cjal-3321	631	5	,	,	PUNCT
cjal-3321	631	6	supra	supra	PROPN
cjal-3321	631	7	note	note	PROPN
cjal-3321	631	8	15	15	NUM
cjal-3321	631	9	,	,	PUNCT
cjal-3321	631	10	art	art	NOUN
cjal-3321	631	11	.	.	PUNCT
cjal-3321	632	1	73	73	NUM
cjal-3321	632	2	.	.	PUNCT
cjal-3321	633	1	'	'	NUM
cjal-3321	633	2	39	39	NUM
cjal-3321	633	3	see	see	NOUN
cjal-3321	633	4	sources	source	NOUN
cjal-3321	633	5	cited	cite	VERB
cjal-3321	633	6	supra	supra	PROPN
cjal-3321	633	7	note	note	NOUN
cjal-3321	633	8	7	7	NUM
cjal-3321	633	9	.	.	NOUN
cjal-3321	633	10	140	140	NUM
cjal-3321	633	11	armour	armour	NOUN
cjal-3321	633	12	&	&	CCONJ
cjal-3321	633	13	skeel	skeel	PROPN
cjal-3321	633	14	,	,	PUNCT
cjal-3321	633	15	supra	supra	PROPN
cjal-3321	633	16	note	note	NOUN
cjal-3321	633	17	2	2	NUM
cjal-3321	633	18	,	,	PUNCT
cjal-3321	633	19	at	at	ADP
cjal-3321	633	20	1729	1729	NUM
cjal-3321	633	21	.	.	PUNCT
cjal-3321	634	1	'	'	PUNCT
cjal-3321	634	2	w	w	INTJ
cjal-3321	634	3	,	,	PUNCT
cjal-3321	634	4	i	i	PRON
cjal-3321	634	5	d.	d.	NOUN
cjal-3321	634	6	at	at	ADP
cjal-3321	634	7	1738	1738	NUM
cjal-3321	634	8	;	;	PUNCT
cjal-3321	634	9	gary	gary	PROPN
cjal-3321	634	10	eaborn	eaborn	PROPN
cjal-3321	634	11	,	,	PUNCT
cjal-3321	634	12	takeovers	takeover	NOUN
cjal-3321	634	13	:	:	PUNCT
cjal-3321	634	14	law	law	NOUN
cjal-3321	634	15	and	and	CCONJ
cjal-3321	634	16	practice	practice	VERB
cjal-3321	634	17	132	132	NUM
cjal-3321	634	18	-	-	SYM
cjal-3321	634	19	33	33	NUM
cjal-3321	634	20	(	(	PUNCT
cjal-3321	634	21	gary	gary	PROPN
cjal-3321	634	22	eaborn	eaborn	VERB
cjal-3321	634	23	ed	ed	NOUN
cjal-3321	634	24	.	.	PROPN
cjal-3321	634	25	,	,	PUNCT
cjal-3321	634	26	2005	2005	NUM
cjal-3321	634	27	)	)	PUNCT
cjal-3321	634	28	.	.	PUNCT
cjal-3321	635	1	142	142	NUM
cjal-3321	635	2	romano	romano	NOUN
cjal-3321	635	3	,	,	PUNCT
cjal-3321	635	4	supra	supra	PROPN
cjal-3321	635	5	note	note	NOUN
cjal-3321	636	1	i	i	PRON
cjal-3321	636	2	,	,	PUNCT
cjal-3321	636	3	at	at	ADP
cjal-3321	636	4	119	119	NUM
cjal-3321	636	5	-	-	NOUN
cjal-3321	636	6	2o	2o	NOUN
cjal-3321	636	7	;	;	PUNCT
cjal-3321	636	8	erik	erik	PROPN
cjal-3321	636	9	bergl6f	bergl6f	PROPN
cjal-3321	636	10	&	&	CCONJ
cjal-3321	636	11	mike	mike	PROPN
cjal-3321	636	12	burkart	burkart	PROPN
cjal-3321	636	13	,	,	PUNCT
cjal-3321	636	14	european	european	ADJ
cjal-3321	636	15	takeover	takeover	NOUN
cjal-3321	636	16	regulation	regulation	NOUN
cjal-3321	636	17	,	,	PUNCT
cjal-3321	636	18	j8	j8	PROPN
cjal-3321	636	19	econ	econ	X
cjal-3321	636	20	.	.	PUNCT
cjal-3321	637	1	poly	poly	ADJ
cjal-3321	637	2	171	171	NUM
cjal-3321	637	3	,	,	PUNCT
cjal-3321	637	4	196	196	NUM
cjal-3321	637	5	-	-	SYM
cjal-3321	637	6	98	98	NUM
cjal-3321	637	7	(	(	PUNCT
cjal-3321	637	8	2003	2003	NUM
cjal-3321	637	9	)	)	PUNCT
cjal-3321	637	10	;	;	PUNCT
cjal-3321	637	11	d.	d.	PROPN
cjal-3321	637	12	d.	d.	PROPN
cjal-3321	637	13	prentice	prentice	PROPN
cjal-3321	637	14	,	,	PUNCT
cjal-3321	637	15	take	take	VERB
cjal-3321	637	16	-	-	PUNCT
cjal-3321	637	17	over	over	ADP
cjal-3321	637	18	bids	bid	NOUN
cjal-3321	637	19	and	and	CCONJ
cjal-3321	637	20	the	the	DET
cjal-3321	637	21	system	system	NOUN
cjal-3321	637	22	of	of	ADP
cjal-3321	637	23	self	self	NOUN
cjal-3321	637	24	-	-	PUNCT
cjal-3321	637	25	regulation	regulation	NOUN
cjal-3321	637	26	,	,	PUNCT
cjal-3321	637	27	ioxrord	ioxrord	ADJ
cjal-3321	637	28	j.	j.	PROPN
cjal-3321	637	29	legal	legal	ADJ
cjal-3321	637	30	stud	stud	NOUN
cjal-3321	637	31	.	.	PUNCT
cjal-3321	638	1	406	406	NUM
cjal-3321	638	2	,	,	PUNCT
cjal-3321	638	3	409	409	NUM
cjal-3321	638	4	(	(	PUNCT
cjal-3321	638	5	1981	1981	NUM
cjal-3321	638	6	)	)	PUNCT
cjal-3321	638	7	.	.	PUNCT
cjal-3321	639	1	43	43	NUM
cjal-3321	639	2	see	see	VERB
cjal-3321	639	3	kraakman	kraakman	PROPN
cjal-3321	639	4	,	,	PUNCT
cjal-3321	639	5	supra	supra	PROPN
cjal-3321	639	6	note	note	NOUN
cjal-3321	639	7	34	34	NUM
cjal-3321	639	8	,	,	PUNCT
cjal-3321	639	9	at	at	ADP
cjal-3321	639	10	268	268	NUM
cjal-3321	639	11	.	.	PUNCT
cjal-3321	640	1	'	'	NUM
cjal-3321	640	2	44	44	NUM
cjal-3321	640	3	see	see	VERB
cjal-3321	640	4	,	,	PUNCT
cjal-3321	640	5	e.g.	e.g.	ADV
cjal-3321	640	6	,	,	PUNCT
cjal-3321	640	7	chen	chen	PROPN
cjal-3321	640	8	zhi	zhi	PROPN
cjal-3321	640	9	(	(	PUNCT
cjal-3321	640	10	[	[	PUNCT
cjal-3321	640	11	4i	4i	NUM
cjal-3321	640	12	)	)	PUNCT
cjal-3321	640	13	,	,	PUNCT
cjal-3321	640	14	binggou	binggou	NOUN
cjal-3321	640	15	daikuan	daikuan	AUX
cjal-3321	640	16	minqi	minqi	VERB
cjal-3321	640	17	lingpi	lingpi	PROPN
cjal-3321	640	18	xijing	xijing	NOUN
cjal-3321	640	19	(	(	PUNCT
cjal-3321	640	20	qt;*,klmg	qt;*,klmg	PROPN
cjal-3321	640	21	uil	uil	PROPN
cjal-3321	640	22	)	)	PUNCT
cjal-3321	641	1	[	[	X
cjal-3321	641	2	private	private	ADJ
cjal-3321	641	3	firms	firm	NOUN
cjal-3321	641	4	looking	look	VERB
cjal-3321	641	5	for	for	ADP
cjal-3321	641	6	new	new	ADJ
cjal-3321	641	7	ways	way	NOUN
cjal-3321	641	8	to	to	PART
cjal-3321	641	9	finance	finance	VERB
cjal-3321	641	10	takeovers	takeover	NOUN
cjal-3321	641	11	]	]	PUNCT
cjal-3321	641	12	,	,	PUNCT
cjal-3321	641	13	zhongguo	zhongguo	PROPN
cjal-3321	641	14	minying	minying	PROPN
cjal-3321	641	15	keji	keji	PROPN
cjal-3321	641	16	yu	yu	PROPN
cjal-3321	641	17	jingji	jingji	PROPN
cjal-3321	641	18	(	(	PUNCT
cjal-3321	641	19	11i	11i	NOUN
cjal-3321	641	20	[	[	X
cjal-3321	641	21	it	it	PRON
cjal-3321	641	22	.	.	PUNCT
cjal-3321	642	1	4k2h	4k2h	NUM
cjal-3321	642	2	_	_	NOUN
cjal-3321	642	3	.	.	PUNCT
cjal-3321	642	4	,	,	PUNCT
cjal-3321	642	5	.	.	PUNCT
cjal-3321	642	6	)	)	PUNCT
cjal-3321	643	1	[	[	X
cjal-3321	643	2	ci	ci	X
cjal-3321	643	3	na	na	VERB
cjal-3321	643	4	non	non	ADJ
cjal-3321	643	5	-	-	ADJ
cjal-3321	643	6	governmental	governmental	ADJ
cjal-3321	643	7	sci	sci	PROPN
cjal-3321	643	8	.	.	PUNCT
cjal-3321	643	9	tech	tech	PROPN
cjal-3321	643	10	.	.	PROPN
cjal-3321	643	11	&	&	CCONJ
cjal-3321	643	12	econ	econ	PROPN
cjal-3321	643	13	.	.	PUNCT
cjal-3321	643	14	]	]	X
cjal-3321	643	15	,	,	PUNCT
cjal-3321	643	16	no	no	INTJ
cjal-3321	643	17	.	.	NOUN
cjal-3321	643	18	4	4	NUM
cjal-3321	643	19	,	,	PUNCT
cjal-3321	643	20	20o	20o	NOUN
cjal-3321	643	21	,	,	PUNCT
cjal-3321	643	22	at	at	ADP
cjal-3321	643	23	72	72	NUM
cjal-3321	643	24	.	.	PUNCT
cjal-3321	644	1	financial	financial	ADJ
cjal-3321	644	2	institutions	institution	NOUN
cjal-3321	644	3	are	be	AUX
cjal-3321	644	4	more	more	ADV
cjal-3321	644	5	willing	willing	ADJ
cjal-3321	644	6	to	to	PART
cjal-3321	644	7	finance	finance	VERB
cjal-3321	644	8	soe	soe	ADJ
cjal-3321	644	9	projects	project	NOUN
cjal-3321	644	10	,	,	PUNCT
cjal-3321	644	11	because	because	SCONJ
cjal-3321	644	12	soes	soe	NOUN
cjal-3321	644	13	are	be	AUX
cjal-3321	644	14	usually	usually	ADV
cjal-3321	644	15	perceived	perceive	VERB
cjal-3321	644	16	to	to	PART
cjal-3321	644	17	be	be	AUX
cjal-3321	644	18	too	too	ADV
cjal-3321	644	19	big	big	ADJ
cjal-3321	644	20	to	to	PART
cjal-3321	644	21	fail	fail	VERB
cjal-3321	644	22	.	.	PUNCT
cjal-3321	645	1	even	even	ADV
cjal-3321	645	2	when	when	SCONJ
cjal-3321	645	3	soes	soe	NOUN
cjal-3321	645	4	are	be	AUX
cjal-3321	645	5	on	on	ADP
cjal-3321	645	6	the	the	DET
cjal-3321	645	7	verge	verge	NOUN
cjal-3321	645	8	of	of	ADP
cjal-3321	645	9	failing	fail	VERB
cjal-3321	645	10	,	,	PUNCT
cjal-3321	645	11	there	there	PRON
cjal-3321	645	12	is	be	VERB
cjal-3321	645	13	an	an	DET
cjal-3321	645	14	expectation	expectation	NOUN
cjal-3321	645	15	that	that	SCONJ
cjal-3321	645	16	the	the	DET
cjal-3321	645	17	government	government	NOUN
cjal-3321	645	18	will	will	AUX
cjal-3321	645	19	bail	bail	VERB
cjal-3321	645	20	them	they	PRON
cjal-3321	645	21	out	out	ADP
cjal-3321	645	22	.	.	PUNCT
cjal-3321	646	1	'	'	PUNCT
cjal-3321	646	2	41	41	NUM
cjal-3321	646	3	wu	wu	PROPN
cjal-3321	646	4	xiaojing	xiaojing	NOUN
cjal-3321	646	5	(	(	PUNCT
cjal-3321	646	6	xku	xku	PROPN
cjal-3321	646	7	)	)	PUNCT
cjal-3321	646	8	,	,	PUNCT
cjal-3321	646	9	qiye	qiye	PROPN
cjal-3321	646	10	jiang	jiang	PROPN
cjal-3321	647	1	jiekuan	jiekuan	PROPN
cjal-3321	647	2	hetong	hetong	PROPN
cjal-3321	647	3	de	de	PROPN
cjal-3321	647	4	xiaoli	xiaoli	PROPN
cjal-3321	647	5	wenti	wenti	PROPN
cjal-3321	647	6	(	(	PUNCT
cjal-3321	647	7	.t	.t	PROPN
cjal-3321	647	8	.	.	PUNCT
cjal-3321	648	1	f1k"lf'x	f1k"lf'x	PROPN
cjal-3321	648	2	'	'	NUM
cjal-3321	648	3	]	]	X
cjal-3321	648	4	j	j	PROPN
cjal-3321	648	5	,	,	PUNCT
cjal-3321	648	6	)	)	PUNCT
cjal-3321	648	7	jli	jli	PROPN
cjal-3321	648	8	)	)	PUNCT
cjal-3321	649	1	[	[	X
cjal-3321	649	2	legality	legality	NOUN
cjal-3321	649	3	of	of	ADP
cjal-3321	649	4	finance	finance	NOUN
cjal-3321	649	5	contracts	contract	NOUN
cjal-3321	649	6	between	between	ADP
cjal-3321	649	7	private	private	ADJ
cjal-3321	649	8	firms	firm	NOUN
cjal-3321	649	9	]	]	PUNCT
cjal-3321	649	10	,	,	PUNCT
cjal-3321	649	11	renmin	renmin	PROPN
cjal-3321	649	12	sifa	sifa	PROPN
cjal-3321	649	13	(	(	PUNCT
cjal-3321	649	14	)	)	PUNCT
cjal-3321	649	15	.	.	PUNCT
cjal-3321	650	1	[	[	X
cjal-3321	650	2	]	]	X
cjal-3321	650	3	m	m	VERB
cjal-3321	650	4	)	)	PUNCT
cjal-3321	651	1	[	[	X
cjal-3321	651	2	people	people	NOUN
cjal-3321	651	3	's	's	PART
cjal-3321	651	4	judicature	judicature	NOUN
cjal-3321	651	5	]	]	X
cjal-3321	651	6	,	,	PUNCT
cjal-3321	651	7	no	no	INTJ
cjal-3321	651	8	.	.	NOUN
cjal-3321	651	9	23	23	NUM
cjal-3321	651	10	,	,	PUNCT
cjal-3321	651	11	2007	2007	NUM
cjal-3321	651	12	,	,	PUNCT
cjal-3321	651	13	at	at	ADP
cjal-3321	651	14	27	27	NUM
cjal-3321	651	15	.	.	PUNCT
cjal-3321	652	1	whether	whether	SCONJ
cjal-3321	652	2	borrowings	borrowing	NOUN
cjal-3321	652	3	between	between	ADP
cjal-3321	652	4	private	private	ADJ
cjal-3321	652	5	firms	firm	NOUN
cjal-3321	652	6	are	be	AUX
cjal-3321	652	7	legal	legal	ADJ
cjal-3321	652	8	is	be	AUX
cjal-3321	652	9	a	a	DET
cjal-3321	652	10	controversial	controversial	ADJ
cjal-3321	652	11	problem	problem	NOUN
cjal-3321	652	12	.	.	PUNCT
cjal-3321	653	1	it	it	PRON
cjal-3321	653	2	is	be	AUX
cjal-3321	653	3	very	very	ADV
cjal-3321	653	4	likely	likely	ADJ
cjal-3321	653	5	that	that	SCONJ
cjal-3321	653	6	courts	court	NOUN
cjal-3321	653	7	will	will	AUX
cjal-3321	653	8	consider	consider	VERB
cjal-3321	653	9	such	such	ADJ
cjal-3321	653	10	borrowings	borrowing	NOUN
cjal-3321	653	11	to	to	PART
cjal-3321	653	12	be	be	AUX
cjal-3321	653	13	illegal	illegal	ADJ
cjal-3321	653	14	.	.	PUNCT
cjal-3321	654	1	209	209	NUM
cjal-3321	654	2	columbia	columbia	PROPN
cjal-3321	654	3	journal	journal	PROPN
cjal-3321	654	4	ofasian	ofasian	ADJ
cjal-3321	654	5	law	law	NOUN
cjal-3321	654	6	,	,	PUNCT
cjal-3321	654	7	vol	vol	NOUN
cjal-3321	654	8	.	.	PROPN
cjal-3321	654	9	25	25	NUM
cjal-3321	654	10	,	,	PUNCT
cjal-3321	654	11	no	no	INTJ
cjal-3321	654	12	.	.	NOUN
cjal-3321	654	13	2	2	NUM
cjal-3321	654	14	(	(	PUNCT
cjal-3321	654	15	2012	2012	NUM
cjal-3321	654	16	)	)	PUNCT
cjal-3321	654	17	conglomerates	conglomerate	NOUN
cjal-3321	654	18	to	to	PART
cjal-3321	654	19	finance	finance	VERB
cjal-3321	654	20	their	their	PRON
cjal-3321	654	21	daily	daily	ADJ
cjal-3321	654	22	businesses	business	NOUN
cjal-3321	654	23	,	,	PUNCT
cjal-3321	654	24	the	the	DET
cjal-3321	654	25	strict	strict	ADJ
cjal-3321	654	26	foreign	foreign	ADJ
cjal-3321	654	27	exchange	exchange	NOUN
cjal-3321	654	28	control	control	NOUN
cjal-3321	654	29	policy	policy	NOUN
cjal-3321	654	30	renders	render	VERB
cjal-3321	654	31	it	it	PRON
cjal-3321	654	32	logistically	logistically	ADV
cjal-3321	654	33	cumbersome	cumbersome	ADJ
cjal-3321	654	34	to	to	PART
cjal-3321	654	35	orchestrate	orchestrate	VERB
cjal-3321	654	36	takeovers	takeover	NOUN
cjal-3321	654	37	given	give	VERB
cjal-3321	654	38	the	the	DET
cjal-3321	654	39	reduced	reduced	ADJ
cjal-3321	654	40	rewards	reward	NOUN
cjal-3321	654	41	.	.	PUNCT
cjal-3321	655	1	"46	"46	INTJ
cjal-3321	655	2	although	although	SCONJ
cjal-3321	655	3	there	there	PRON
cjal-3321	655	4	is	be	VERB
cjal-3321	655	5	no	no	DET
cjal-3321	655	6	current	current	ADJ
cjal-3321	655	7	chinese	chinese	ADJ
cjal-3321	655	8	regulation	regulation	NOUN
cjal-3321	655	9	that	that	PRON
cjal-3321	655	10	explicitly	explicitly	ADV
cjal-3321	655	11	permits	permit	VERB
cjal-3321	655	12	the	the	DET
cjal-3321	655	13	squeeze	squeeze	NOUN
cjal-3321	655	14	-	-	PUNCT
cjal-3321	655	15	out	out	NOUN
cjal-3321	655	16	of	of	ADP
cjal-3321	655	17	minority	minority	NOUN
cjal-3321	655	18	shareholders	shareholder	NOUN
cjal-3321	655	19	through	through	ADP
cjal-3321	655	20	short	short	ADJ
cjal-3321	655	21	-	-	PUNCT
cjal-3321	655	22	form	form	NOUN
cjal-3321	655	23	mergers	merger	NOUN
cjal-3321	655	24	,	,	PUNCT
cjal-3321	655	25	a	a	DET
cjal-3321	655	26	purchaser	purchaser	NOUN
cjal-3321	655	27	who	who	PRON
cjal-3321	655	28	acquires	acquire	VERB
cjal-3321	655	29	over	over	ADP
cjal-3321	655	30	75	75	NUM
cjal-3321	655	31	%	%	NOUN
cjal-3321	655	32	of	of	ADP
cjal-3321	655	33	a	a	DET
cjal-3321	655	34	target	target	NOUN
cjal-3321	655	35	company	company	NOUN
cjal-3321	655	36	and	and	CCONJ
cjal-3321	655	37	subsequently	subsequently	ADV
cjal-3321	655	38	prompts	prompt	VERB
cjal-3321	655	39	the	the	DET
cjal-3321	655	40	delisting	delisting	NOUN
cjal-3321	655	41	of	of	ADP
cjal-3321	655	42	the	the	DET
cjal-3321	655	43	target	target	NOUN
cjal-3321	655	44	company	company	NOUN
cjal-3321	655	45	is	be	AUX
cjal-3321	655	46	required	require	VERB
cjal-3321	655	47	under	under	ADP
cjal-3321	655	48	current	current	ADJ
cjal-3321	655	49	law	law	NOUN
cjal-3321	655	50	to	to	PART
cjal-3321	655	51	purchase	purchase	VERB
cjal-3321	655	52	all	all	DET
cjal-3321	655	53	shares	share	NOUN
cjal-3321	655	54	offered	offer	VERB
cjal-3321	655	55	by	by	ADP
cjal-3321	655	56	minority	minority	NOUN
cjal-3321	655	57	shareholders	shareholder	NOUN
cjal-3321	655	58	.	.	PUNCT
cjal-3321	655	59	'	'	PUNCT
cjal-3321	656	1	47	47	NUM
cjal-3321	656	2	in	in	ADP
cjal-3321	656	3	practice	practice	NOUN
cjal-3321	656	4	,	,	PUNCT
cjal-3321	656	5	in	in	ADP
cjal-3321	656	6	a	a	DET
cjal-3321	656	7	regulatory	regulatory	ADJ
cjal-3321	656	8	environment	environment	NOUN
cjal-3321	656	9	where	where	SCONJ
cjal-3321	656	10	very	very	ADV
cjal-3321	656	11	few	few	ADJ
cjal-3321	656	12	hostile	hostile	ADJ
cjal-3321	656	13	takeovers	takeover	NOUN
cjal-3321	656	14	actually	actually	ADV
cjal-3321	656	15	occur	occur	VERB
cjal-3321	656	16	,	,	PUNCT
cjal-3321	656	17	there	there	PRON
cjal-3321	656	18	are	be	VERB
cjal-3321	656	19	few	few	ADJ
cjal-3321	656	20	cases	case	NOUN
cjal-3321	656	21	in	in	ADP
cjal-3321	656	22	which	which	PRON
cjal-3321	656	23	minority	minority	NOUN
cjal-3321	656	24	shareholders	shareholder	NOUN
cjal-3321	656	25	'	'	PART
cjal-3321	656	26	aggregate	aggregate	ADJ
cjal-3321	656	27	ownership	ownership	NOUN
cjal-3321	656	28	of	of	ADP
cjal-3321	656	29	the	the	DET
cjal-3321	656	30	target	target	NOUN
cjal-3321	656	31	's	's	PART
cjal-3321	656	32	outstanding	outstanding	ADJ
cjal-3321	656	33	shares	share	NOUN
cjal-3321	656	34	is	be	AUX
cjal-3321	656	35	reduced	reduce	VERB
cjal-3321	656	36	to	to	ADP
cjal-3321	656	37	less	less	ADJ
cjal-3321	656	38	than	than	ADP
cjal-3321	656	39	25	25	NUM
cjal-3321	656	40	%	%	NOUN
cjal-3321	656	41	to	to	PART
cjal-3321	656	42	trigger	trigger	VERB
cjal-3321	656	43	the	the	DET
cjal-3321	656	44	delisting	delisting	NOUN
cjal-3321	656	45	.	.	PUNCT
cjal-3321	657	1	thus	thus	ADV
cjal-3321	657	2	,	,	PUNCT
cjal-3321	657	3	very	very	ADV
cjal-3321	657	4	few	few	ADJ
cjal-3321	657	5	bidders	bidder	NOUN
cjal-3321	657	6	actually	actually	ADV
cjal-3321	657	7	trigger	trigger	VERB
cjal-3321	657	8	the	the	DET
cjal-3321	657	9	sell	sell	NOUN
cjal-3321	657	10	-	-	PUNCT
cjal-3321	657	11	out	out	ADP
cjal-3321	657	12	provision	provision	NOUN
cjal-3321	657	13	by	by	ADP
cjal-3321	657	14	acquiring	acquire	VERB
cjal-3321	657	15	and	and	CCONJ
cjal-3321	657	16	delisting	delist	VERB
cjal-3321	657	17	firms,'4	firms,'4	NOUN
cjal-3321	657	18	8	8	NUM
cjal-3321	657	19	and	and	CCONJ
cjal-3321	657	20	it	it	PRON
cjal-3321	657	21	is	be	AUX
cjal-3321	657	22	difficult	difficult	ADJ
cjal-3321	657	23	to	to	PART
cjal-3321	657	24	assess	assess	VERB
cjal-3321	657	25	the	the	DET
cjal-3321	657	26	effects	effect	NOUN
cjal-3321	657	27	of	of	ADP
cjal-3321	657	28	this	this	DET
cjal-3321	657	29	provision	provision	NOUN
cjal-3321	657	30	.	.	PUNCT
cjal-3321	658	1	ultimately	ultimately	ADV
cjal-3321	658	2	,	,	PUNCT
cjal-3321	658	3	the	the	DET
cjal-3321	658	4	chinese	chinese	ADJ
cjal-3321	658	5	capital	capital	NOUN
cjal-3321	658	6	market	market	NOUN
cjal-3321	658	7	is	be	AUX
cjal-3321	658	8	still	still	ADV
cjal-3321	658	9	experiencing	experience	VERB
cjal-3321	658	10	a	a	DET
cjal-3321	658	11	wave	wave	NOUN
cjal-3321	658	12	of	of	ADP
cjal-3321	658	13	massive	massive	ADJ
cjal-3321	658	14	public	public	ADJ
cjal-3321	658	15	listing	listing	NOUN
cjal-3321	658	16	of	of	ADP
cjal-3321	658	17	private	private	ADJ
cjal-3321	658	18	firms	firm	NOUN
cjal-3321	658	19	rather	rather	ADV
cjal-3321	658	20	than	than	ADP
cjal-3321	658	21	delisting	delist	VERB
cjal-3321	658	22	due	due	ADP
cjal-3321	658	23	to	to	ADP
cjal-3321	658	24	private	private	ADJ
cjal-3321	658	25	takeovers	takeover	NOUN
cjal-3321	658	26	.	.	PUNCT
cjal-3321	659	1	it	it	PRON
cjal-3321	659	2	is	be	AUX
cjal-3321	659	3	rare	rare	ADJ
cjal-3321	659	4	to	to	PART
cjal-3321	659	5	find	find	VERB
cjal-3321	659	6	a	a	DET
cjal-3321	659	7	sell	sell	NOUN
cjal-3321	659	8	-	-	PUNCT
cjal-3321	659	9	out	out	ADP
cjal-3321	659	10	case	case	NOUN
cjal-3321	659	11	initiated	initiate	VERB
cjal-3321	659	12	by	by	ADP
cjal-3321	659	13	going	go	VERB
cjal-3321	659	14	-	-	PUNCT
cjal-3321	659	15	private	private	ADJ
cjal-3321	659	16	firm	firm	NOUN
cjal-3321	659	17	.	.	PUNCT
cjal-3321	660	1	c.	c.	PROPN
cjal-3321	660	2	efficacy	efficacy	PROPN
cjal-3321	660	3	conclusions	conclusion	NOUN
cjal-3321	660	4	in	in	ADP
cjal-3321	660	5	summary	summary	NOUN
cjal-3321	660	6	,	,	PUNCT
cjal-3321	660	7	chinese	chinese	ADJ
cjal-3321	660	8	takeover	takeover	NOUN
cjal-3321	660	9	laws	law	NOUN
cjal-3321	660	10	do	do	AUX
cjal-3321	660	11	not	not	PART
cjal-3321	660	12	easily	easily	ADV
cjal-3321	660	13	fall	fall	VERB
cjal-3321	660	14	into	into	ADP
cjal-3321	660	15	the	the	DET
cjal-3321	660	16	traditional	traditional	ADJ
cjal-3321	660	17	takeover	takeover	NOUN
cjal-3321	660	18	categorization	categorization	NOUN
cjal-3321	660	19	of	of	ADP
cjal-3321	660	20	being	be	AUX
cjal-3321	660	21	shareholder	shareholder	NOUN
cjal-3321	660	22	-	-	PUNCT
cjal-3321	660	23	friendly	friendly	ADJ
cjal-3321	660	24	versus	versus	ADP
cjal-3321	660	25	takeover	takeover	NOUN
cjal-3321	660	26	-	-	PUNCT
cjal-3321	660	27	friendly	friendly	ADJ
cjal-3321	660	28	.	.	PUNCT
cjal-3321	661	1	instead	instead	ADV
cjal-3321	661	2	,	,	PUNCT
cjal-3321	661	3	analysis	analysis	NOUN
cjal-3321	661	4	of	of	ADP
cjal-3321	661	5	the	the	DET
cjal-3321	661	6	practical	practical	ADJ
cjal-3321	661	7	implications	implication	NOUN
cjal-3321	661	8	of	of	ADP
cjal-3321	661	9	the	the	DET
cjal-3321	661	10	takeover	takeover	NOUN
cjal-3321	661	11	mechanisms	mechanism	NOUN
cjal-3321	661	12	demonstrates	demonstrate	VERB
cjal-3321	661	13	that	that	SCONJ
cjal-3321	661	14	the	the	DET
cjal-3321	661	15	csrc	csrc	NOUN
cjal-3321	661	16	has	have	AUX
cjal-3321	661	17	adopted	adopt	VERB
cjal-3321	661	18	a	a	DET
cjal-3321	661	19	soe	soe	ADJ
cjal-3321	661	20	-	-	PUNCT
cjal-3321	661	21	friendly	friendly	ADJ
cjal-3321	661	22	approach	approach	NOUN
cjal-3321	661	23	due	due	ADP
cjal-3321	661	24	to	to	ADP
cjal-3321	661	25	its	its	PRON
cjal-3321	661	26	legal	legal	ADJ
cjal-3321	661	27	and	and	CCONJ
cjal-3321	661	28	political	political	ADJ
cjal-3321	661	29	dependence	dependence	NOUN
cjal-3321	661	30	on	on	ADP
cjal-3321	661	31	the	the	DET
cjal-3321	661	32	central	central	ADJ
cjal-3321	661	33	government	government	NOUN
cjal-3321	661	34	.	.	PUNCT
cjal-3321	662	1	although	although	SCONJ
cjal-3321	662	2	highly	highly	ADV
cjal-3321	662	3	concentrated	concentrated	ADJ
cjal-3321	662	4	ownership	ownership	NOUN
cjal-3321	662	5	structures	structure	NOUN
cjal-3321	662	6	have	have	AUX
cjal-3321	662	7	also	also	ADV
cjal-3321	662	8	been	be	AUX
cjal-3321	662	9	a	a	DET
cjal-3321	662	10	practical	practical	ADJ
cjal-3321	662	11	impediment	impediment	NOUN
cjal-3321	662	12	to	to	ADP
cjal-3321	662	13	takeover	takeover	NOUN
cjal-3321	662	14	transactions	transaction	NOUN
cjal-3321	662	15	,	,	PUNCT
cjal-3321	662	16	the	the	DET
cjal-3321	662	17	takeover	takeover	NOUN
cjal-3321	662	18	-	-	PUNCT
cjal-3321	662	19	unfriendly	unfriendly	ADJ
cjal-3321	662	20	laws	law	NOUN
cjal-3321	662	21	have	have	AUX
cjal-3321	662	22	further	far	ADV
cjal-3321	662	23	deterred	deter	VERB
cjal-3321	662	24	takeover	takeover	NOUN
cjal-3321	662	25	attempts	attempt	NOUN
cjal-3321	662	26	.	.	PUNCT
cjal-3321	663	1	particularly	particularly	ADV
cjal-3321	663	2	,	,	PUNCT
cjal-3321	663	3	soa	soa	NOUN
cjal-3321	663	4	-	-	PUNCT
cjal-3321	663	5	related	relate	VERB
cjal-3321	663	6	takeovers	takeover	NOUN
cjal-3321	663	7	have	have	AUX
cjal-3321	663	8	encountered	encounter	VERB
cjal-3321	663	9	especially	especially	ADV
cjal-3321	663	10	strict	strict	ADJ
cjal-3321	663	11	government	government	NOUN
cjal-3321	663	12	scrutiny	scrutiny	NOUN
cjal-3321	663	13	and	and	CCONJ
cjal-3321	663	14	soe	soe	ADJ
cjal-3321	663	15	-	-	PUNCT
cjal-3321	663	16	friendly	friendly	ADJ
cjal-3321	663	17	takeover	takeover	NOUN
cjal-3321	663	18	laws	law	NOUN
cjal-3321	663	19	,	,	PUNCT
cjal-3321	663	20	all	all	PRON
cjal-3321	663	21	at	at	ADP
cjal-3321	663	22	the	the	DET
cjal-3321	663	23	expense	expense	NOUN
cjal-3321	663	24	of	of	ADP
cjal-3321	663	25	shareholders	shareholder	NOUN
cjal-3321	663	26	'	'	PART
cjal-3321	663	27	lost	lose	VERB
cjal-3321	663	28	opportunities	opportunity	NOUN
cjal-3321	663	29	for	for	ADP
cjal-3321	663	30	value	value	NOUN
cjal-3321	663	31	-	-	PUNCT
cjal-3321	663	32	maximizationi	maximizationi	ADJ
cjal-3321	663	33	.	.	PUNCT
cjal-3321	664	1	despite	despite	SCONJ
cjal-3321	664	2	recent	recent	ADJ
cjal-3321	664	3	chinese	chinese	ADJ
cjal-3321	664	4	economic	economic	ADJ
cjal-3321	664	5	reforms	reform	NOUN
cjal-3321	664	6	,	,	PUNCT
cjal-3321	664	7	there	there	PRON
cjal-3321	664	8	remains	remain	VERB
cjal-3321	664	9	a	a	DET
cjal-3321	664	10	significant	significant	ADJ
cjal-3321	664	11	number	number	NOUN
cjal-3321	664	12	of	of	ADP
cjal-3321	664	13	soes	soe	NOUN
cjal-3321	664	14	operating	operate	VERB
cjal-3321	664	15	at	at	ADP
cjal-3321	664	16	low	low	ADJ
cjal-3321	664	17	efficiency	efficiency	NOUN
cjal-3321	664	18	levels	level	NOUN
cjal-3321	664	19	.	.	PUNCT
cjal-3321	664	20	'	'	PUNCT
cjal-3321	665	1	49	49	NUM
cjal-3321	665	2	the	the	DET
cjal-3321	665	3	mandatory	mandatory	ADJ
cjal-3321	665	4	bid	bid	NOUN
cjal-3321	665	5	rule	rule	NOUN
cjal-3321	665	6	14	14	NUM
cjal-3321	665	7	6	6	NUM
cjal-3321	665	8	see	see	NOUN
cjal-3321	665	9	,	,	PUNCT
cjal-3321	665	10	e.g.	e.g.	ADV
cjal-3321	665	11	,	,	PUNCT
cjal-3321	665	12	zhang	zhang	PROPN
cjal-3321	665	13	xincun	xincun	PROPN
cjal-3321	665	14	(	(	PUNCT
cjal-3321	665	15	,	,	PUNCT
cjal-3321	665	16	-4	-4	PROPN
cjal-3321	665	17	)	)	PUNCT
cjal-3321	665	18	,	,	PUNCT
cjal-3321	665	19	waihui	waihui	PROPN
cjal-3321	665	20	guanzhi	guanzhi	PROPN
cjal-3321	665	21	zhengce	zhengce	PROPN
cjal-3321	665	22	dui	dui	PROPN
cjal-3321	665	23	guoji	guoji	PROPN
cjal-3321	665	24	maoyi	maoyi	PROPN
cjal-3321	665	25	de	de	PROPN
cjal-3321	665	26	yingxiang	yingxiang	PROPN
cjal-3321	665	27	ji	ji	PROPN
cjal-3321	665	28	woguo	woguo	PROPN
cjal-3321	665	29	waihui	waihui	PROPN
cjal-3321	665	30	guanli	guanli	PROPN
cjal-3321	665	31	zengce	zengce	PROPN
cjal-3321	665	32	de	de	ADP
cjal-3321	665	33	yanjin	yanjin	PROPN
cjal-3321	665	34	(	(	PUNCT
cjal-3321	665	35	'	'	PUNCT
cjal-3321	665	36	-k'e$	-k'e$	VERB
cjal-3321	665	37	j!1	j!1	PROPN
cjal-3321	665	38	:	:	PUNCT
cjal-3321	665	39	x1j	x1j	PROPN
cjal-3321	665	40	a	a	DET
cjal-3321	665	41	nwoh	nwoh	NOUN
cjal-3321	666	1	r	r	NOUN
cjal-3321	666	2	-	-	PUNCT
cjal-3321	666	3	r[ofblfi1j	r[ofblfi1j	VERB
cjal-3321	666	4	m	m	NOUN
cjal-3321	666	5	ig	ig	NOUN
cjal-3321	666	6	)	)	PUNCT
cjal-3321	667	1	[	[	X
cjal-3321	667	2	the	the	DET
cjal-3321	667	3	influence	influence	NOUN
cjal-3321	667	4	of	of	ADP
cjal-3321	667	5	foreign	foreign	ADJ
cjal-3321	667	6	exchange	exchange	NOUN
cjal-3321	667	7	control	control	NOUN
cjal-3321	667	8	policy	policy	NOUN
cjal-3321	667	9	on	on	ADP
cjal-3321	667	10	international	international	ADJ
cjal-3321	667	11	trade	trade	NOUN
cjal-3321	667	12	and	and	CCONJ
cjal-3321	667	13	the	the	DET
cjal-3321	667	14	history	history	NOUN
cjal-3321	667	15	of	of	ADP
cjal-3321	667	16	chinese	chinese	ADJ
cjal-3321	667	17	foreign	foreign	ADJ
cjal-3321	667	18	currency	currency	NOUN
cjal-3321	667	19	policy	policy	NOUN
cjal-3321	667	20	]	]	PUNCT
cjal-3321	667	21	,	,	PUNCT
cjal-3321	667	22	jingji	jingji	PROPN
cjal-3321	667	23	luncong	luncong	PROPN
cjal-3321	667	24	(	(	PUNCT
cjal-3321	667	25	o	o	NOUN
cjal-3321	667	26	iw)a	iw)a	PROPN
cjal-3321	667	27	)	)	PUNCT
cjal-3321	668	1	[	[	X
cjal-3321	668	2	econ	econ	X
cjal-3321	668	3	.	.	PUNCT
cjal-3321	669	1	forum	forum	PROPN
cjal-3321	669	2	]	]	PUNCT
cjal-3321	669	3	,	,	PUNCT
cjal-3321	669	4	no	no	INTJ
cjal-3321	669	5	.	.	NOUN
cjal-3321	669	6	6	6	NUM
cjal-3321	669	7	,	,	PUNCT
cjal-3321	669	8	2006	2006	NUM
cjal-3321	669	9	,	,	PUNCT
cjal-3321	669	10	at	at	ADP
cjal-3321	669	11	33	33	NUM
cjal-3321	669	12	.	.	PUNCT
cjal-3321	670	1	147	147	NUM
cjal-3321	670	2	see	see	VERB
cjal-3321	670	3	supra	supra	PROPN
cjal-3321	670	4	note	note	PROPN
cjal-3321	670	5	50	50	NUM
cjal-3321	670	6	and	and	CCONJ
cjal-3321	670	7	accompanying	accompany	VERB
cjal-3321	670	8	text	text	NOUN
cjal-3321	670	9	.	.	PUNCT
cjal-3321	671	1	148	148	NUM
cjal-3321	671	2	see	see	VERB
cjal-3321	671	3	zhang	zhang	PROPN
cjal-3321	671	4	yifang	yifang	PROPN
cjal-3321	671	5	(	(	PUNCT
cjal-3321	671	6	.i	.i	PROPN
cjal-3321	671	7	)	)	PUNCT
cjal-3321	671	8	,	,	PUNCT
cjal-3321	671	9	woguo	woguo	PROPN
cjal-3321	671	10	shangshi	shangshi	VERB
cjal-3321	671	11	gongsi	gongsi	PROPN
cjal-3321	671	12	tuishi	tuishi	PROPN
cjal-3321	671	13	jizhi	jizhi	PROPN
cjal-3321	671	14	de	de	PROPN
cjal-3321	671	15	yanjiu	yanjiu	PROPN
cjal-3321	671	16	(	(	PUNCT
cjal-3321	671	17	al	al	PROPN
cjal-3321	671	18	f	f	PROPN
cjal-3321	671	19	..	..	PUNCT
cjal-3321	671	20	il	il	PROPN
cjal-3321	671	21	j_.-_r	j_.-_r	PROPN
cjal-3321	671	22	srj	srj	NOUN
cjal-3321	671	23	,	,	PUNCT
cjal-3321	671	24	cr	cr	X
cjal-3321	671	25	)	)	PUNCT
cjal-3321	672	1	[	[	X
cjal-3321	672	2	a	a	DET
cjal-3321	672	3	study	study	NOUN
cjal-3321	672	4	on	on	ADP
cjal-3321	672	5	the	the	DET
cjal-3321	672	6	delisting	delisting	NOUN
cjal-3321	672	7	mechanisms	mechanism	NOUN
cjal-3321	672	8	for	for	ADP
cjal-3321	672	9	listed	list	VERB
cjal-3321	672	10	companies	company	NOUN
cjal-3321	672	11	in	in	ADP
cjal-3321	672	12	china	china	PROPN
cjal-3321	672	13	]	]	PUNCT
cjal-3321	672	14	,	,	PUNCT
cjal-3321	672	15	zhishi	zhishi	PROPN
cjal-3321	672	16	jingji	jingji	PROPN
cjal-3321	672	17	(	(	PUNCT
cjal-3321	672	18	ir	ir	PROPN
cjal-3321	672	19	)	)	PUNCT
cjal-3321	673	1	[	[	X
cjal-3321	673	2	knowledge	knowledge	NOUN
cjal-3321	673	3	econ	econ	PROPN
cjal-3321	673	4	.	.	PUNCT
cjal-3321	674	1	]	]	X
cjal-3321	674	2	,	,	PUNCT
cjal-3321	674	3	no	no	INTJ
cjal-3321	674	4	.	.	NOUN
cjal-3321	674	5	4	4	NUM
cjal-3321	674	6	,	,	PUNCT
cjal-3321	674	7	2009	2009	NUM
cjal-3321	674	8	;	;	PUNCT
cjal-3321	674	9	at	at	ADP
cjal-3321	674	10	33	33	NUM
cjal-3321	674	11	.	.	NOUN
cjal-3321	674	12	149	149	NUM
cjal-3321	674	13	yue	yue	PROPN
cjal-3321	674	14	liang	liang	PROPN
cjal-3321	674	15	&	&	CCONJ
cjal-3321	674	16	lii	lii	PROPN
cjal-3321	674	17	shanshan	shanshan	PROPN
cjal-3321	674	18	(	(	PUNCT
cjal-3321	674	19	-r	-r	PROPN
cjal-3321	674	20	,	,	PUNCT
cjal-3321	674	21	&	&	CCONJ
cjal-3321	674	22	rmjo	rmjo	PROPN
cjal-3321	674	23	)	)	PUNCT
cjal-3321	674	24	,	,	PUNCT
cjal-3321	674	25	cong	cong	NOUN
cjal-3321	674	26	gaishan	gaishan	PROPN
cjal-3321	674	27	qiye	qiye	PROPN
cjal-3321	674	28	neikong	neikong	PROPN
cjal-3321	674	29	rushou	rushou	PROPN
cjal-3321	674	30	tisheng	tisheng	PROPN
cjal-3321	674	31	guoqi	guoqi	PROPN
cjal-3321	674	32	jingying	jingye	VERB
cjal-3321	674	33	xiaolii	xiaolii	PROPN
cjal-3321	674	34	(	(	PUNCT
cjal-3321	674	35	[	[	X
cjal-3321	674	36	improving	improve	VERB
cjal-3321	674	37	the	the	DET
cjal-3321	674	38	operation	operation	NOUN
cjal-3321	674	39	efficiency	efficiency	NOUN
cjal-3321	674	40	of	of	ADP
cjal-3321	674	41	soes	soe	NOUN
cjal-3321	674	42	through	through	ADP
cjal-3321	674	43	enhancing	enhance	VERB
cjal-3321	674	44	internal	internal	ADJ
cjal-3321	674	45	control	control	NOUN
cjal-3321	674	46	]	]	PUNCT
cjal-3321	674	47	,	,	PUNCT
cjal-3321	674	48	caiwu	caiwu	PROPN
cjal-3321	674	49	yu	yu	PROPN
cjal-3321	674	50	kuaiji	kuaiji	PROPN
cjal-3321	674	51	(	(	PUNCT
cjal-3321	674	52	94	94	NUM
cjal-3321	674	53	*	*	NUM
cjal-3321	674	54	if-	if-	NUM
cjal-3321	674	55	)	)	PUNCT
cjal-3321	675	1	[	[	X
cjal-3321	675	2	fin	fin	NOUN
cjal-3321	675	3	.	.	PUNCT
cjal-3321	676	1	&	&	CCONJ
cjal-3321	676	2	acct	acct	NOUN
cjal-3321	676	3	.	.	PUNCT
cjal-3321	677	1	]	]	X
cjal-3321	677	2	,	,	PUNCT
cjal-3321	677	3	no	no	INTJ
cjal-3321	677	4	.	.	NOUN
cjal-3321	677	5	1	1	NUM
cjal-3321	677	6	,	,	PUNCT
cjal-3321	677	7	2010	2010	NUM
cjal-3321	677	8	,	,	PUNCT
cjal-3321	677	9	at	at	ADP
cjal-3321	677	10	35	35	NUM
cjal-3321	677	11	.	.	PUNCT
cjal-3321	678	1	the	the	DET
cjal-3321	678	2	efficacy	efficacy	NOUN
cjal-3321	678	3	of	of	ADP
cjal-3321	678	4	chinese	chinese	ADJ
cjal-3321	678	5	takeover	takeover	NOUN
cjal-3321	678	6	laws	law	NOUN
cjal-3321	678	7	lowers	lower	VERB
cjal-3321	678	8	private	private	ADJ
cjal-3321	678	9	firms	firm	NOUN
cjal-3321	678	10	'	'	PART
cjal-3321	678	11	incentives	incentive	NOUN
cjal-3321	678	12	to	to	PART
cjal-3321	678	13	launch	launch	VERB
cjal-3321	678	14	takeovers	takeover	NOUN
cjal-3321	678	15	,	,	PUNCT
cjal-3321	678	16	while	while	SCONJ
cjal-3321	678	17	mergers	merger	NOUN
cjal-3321	678	18	and	and	CCONJ
cjal-3321	678	19	stewardships	stewardship	NOUN
cjal-3321	678	20	of	of	ADP
cjal-3321	678	21	soes	soe	NOUN
cjal-3321	678	22	remain	remain	VERB
cjal-3321	678	23	tightly	tightly	ADV
cjal-3321	678	24	controlled	control	VERB
cjal-3321	678	25	in	in	ADP
cjal-3321	678	26	the	the	DET
cjal-3321	678	27	hands	hand	NOUN
cjal-3321	678	28	of	of	ADP
cjal-3321	678	29	the	the	DET
cjal-3321	678	30	soasac	soasac	NOUN
cjal-3321	678	31	.	.	PUNCT
cjal-3321	679	1	leaving	leave	VERB
cjal-3321	679	2	soes	soe	NOUN
cjal-3321	679	3	'	'	PART
cjal-3321	679	4	agency	agency	NOUN
cjal-3321	679	5	problem	problem	NOUN
cjal-3321	679	6	unaddressed	unaddresse	VERB
cjal-3321	679	7	-	-	PUNCT
cjal-3321	679	8	and	and	CCONJ
cjal-3321	679	9	relying	rely	VERB
cjal-3321	679	10	on	on	ADP
cjal-3321	679	11	administrative	administrative	ADJ
cjal-3321	679	12	orders	order	NOUN
cjal-3321	679	13	of	of	ADP
cjal-3321	679	14	the	the	DET
cjal-3321	679	15	soasac	soasac	NOUN
cjal-3321	679	16	instead	instead	ADV
cjal-3321	679	17	of	of	ADP
cjal-3321	679	18	market	market	NOUN
cjal-3321	679	19	forces	force	NOUN
cjal-3321	679	20	-	-	PUNCT
cjal-3321	679	21	fosters	foster	NOUN
cjal-3321	679	22	inefficient	inefficient	ADJ
cjal-3321	679	23	operation	operation	NOUN
cjal-3321	679	24	and	and	CCONJ
cjal-3321	679	25	self	self	NOUN
cjal-3321	679	26	-	-	PUNCT
cjal-3321	679	27	dealing	dealing	NOUN
cjal-3321	679	28	.	.	PUNCT
cjal-3321	679	29	'	'	PUNCT
cjal-3321	680	1	with	with	ADP
cjal-3321	680	2	the	the	DET
cjal-3321	680	3	shifting	shift	VERB
cjal-3321	680	4	focus	focus	NOUN
cjal-3321	680	5	of	of	ADP
cjal-3321	680	6	government	government	NOUN
cjal-3321	680	7	policy	policy	NOUN
cjal-3321	680	8	in	in	ADP
cjal-3321	680	9	recent	recent	ADJ
cjal-3321	680	10	years	year	NOUN
cjal-3321	680	11	,	,	PUNCT
cjal-3321	680	12	however	however	ADV
cjal-3321	680	13	,	,	PUNCT
cjal-3321	680	14	the	the	DET
cjal-3321	680	15	current	current	ADJ
cjal-3321	680	16	takeover	takeover	NOUN
cjal-3321	680	17	regime	regime	NOUN
cjal-3321	680	18	needs	need	VERB
cjal-3321	680	19	a	a	DET
cjal-3321	680	20	substantial	substantial	ADJ
cjal-3321	680	21	revision	revision	NOUN
cjal-3321	680	22	toward	toward	ADP
cjal-3321	680	23	a	a	DET
cjal-3321	680	24	more	more	ADV
cjal-3321	680	25	shareholder	shareholder	NOUN
cjal-3321	680	26	-	-	PUNCT
cjal-3321	680	27	friendly	friendly	ADJ
cjal-3321	680	28	direction	direction	NOUN
cjal-3321	680	29	.	.	PUNCT
cjal-3321	681	1	iv	iv	X
cjal-3321	681	2	.	.	PUNCT
cjal-3321	682	1	towards	towards	ADP
cjal-3321	682	2	better	well	ADJ
cjal-3321	682	3	takeover	takeover	NOUN
cjal-3321	682	4	laws	law	NOUN
cjal-3321	682	5	despite	despite	SCONJ
cjal-3321	682	6	china	china	PROPN
cjal-3321	682	7	's	's	PART
cjal-3321	682	8	move	move	NOUN
cjal-3321	682	9	towards	towards	ADP
cjal-3321	682	10	policies	policy	NOUN
cjal-3321	682	11	that	that	PRON
cjal-3321	682	12	seek	seek	VERB
cjal-3321	682	13	to	to	PART
cjal-3321	682	14	promote	promote	VERB
cjal-3321	682	15	a	a	DET
cjal-3321	682	16	harmonious	harmonious	ADJ
cjal-3321	682	17	society	society	NOUN
cjal-3321	682	18	,	,	PUNCT
cjal-3321	682	19	the	the	DET
cjal-3321	682	20	frequency	frequency	NOUN
cjal-3321	682	21	of	of	ADP
cjal-3321	682	22	mass	mass	ADJ
cjal-3321	682	23	disturbances	disturbance	NOUN
cjal-3321	682	24	has	have	AUX
cjal-3321	682	25	risen	rise	VERB
cjal-3321	682	26	rapidly	rapidly	ADV
cjal-3321	682	27	.	.	PUNCT
cjal-3321	682	28	''	''	PUNCT
cjal-3321	683	1	these	these	DET
cjal-3321	683	2	disturbances	disturbance	NOUN
cjal-3321	683	3	are	be	AUX
cjal-3321	683	4	often	often	ADV
cjal-3321	683	5	fueled	fuel	VERB
cjal-3321	683	6	by	by	ADP
cjal-3321	683	7	the	the	DET
cjal-3321	683	8	persistent	persistent	ADJ
cjal-3321	683	9	inability	inability	NOUN
cjal-3321	683	10	of	of	ADP
cjal-3321	683	11	millions	million	NOUN
cjal-3321	683	12	of	of	ADP
cjal-3321	683	13	workers	worker	NOUN
cjal-3321	683	14	and	and	CCONJ
cjal-3321	683	15	farmers	farmer	NOUN
cjal-3321	683	16	to	to	PART
cjal-3321	683	17	access	access	VERB
cjal-3321	683	18	the	the	DET
cjal-3321	683	19	benefits	benefit	NOUN
cjal-3321	683	20	of	of	ADP
cjal-3321	683	21	china	china	PROPN
cjal-3321	683	22	's	's	PART
cjal-3321	683	23	economic	economic	ADJ
cjal-3321	683	24	growth	growth	NOUN
cjal-3321	683	25	.	.	PUNCT
cjal-3321	684	1	the	the	DET
cjal-3321	684	2	indifference	indifference	NOUN
cjal-3321	684	3	of	of	ADP
cjal-3321	684	4	the	the	PRON
cjal-3321	684	5	economically	economically	ADV
cjal-3321	684	6	advantaged	advantaged	ADJ
cjal-3321	684	7	to	to	ADP
cjal-3321	684	8	any	any	DET
cjal-3321	684	9	discussion	discussion	NOUN
cjal-3321	684	10	of	of	ADP
cjal-3321	684	11	a	a	DET
cjal-3321	684	12	fair	fair	ADJ
cjal-3321	684	13	competitive	competitive	ADJ
cjal-3321	684	14	environment	environment	NOUN
cjal-3321	684	15	further	far	ADV
cjal-3321	684	16	exacerbates	exacerbate	VERB
cjal-3321	684	17	this	this	DET
cjal-3321	684	18	socio	socio	NOUN
cjal-3321	684	19	-	-	PUNCT
cjal-3321	684	20	economic	economic	ADJ
cjal-3321	684	21	divide	divide	NOUN
cjal-3321	684	22	and	and	CCONJ
cjal-3321	684	23	pushes	push	VERB
cjal-3321	684	24	the	the	DET
cjal-3321	684	25	disadvantaged	disadvantaged	ADJ
cjal-3321	684	26	to	to	PART
cjal-3321	684	27	fight	fight	VERB
cjal-3321	684	28	for	for	ADP
cjal-3321	684	29	their	their	PRON
cjal-3321	684	30	fair	fair	ADJ
cjal-3321	684	31	share	share	NOUN
cjal-3321	684	32	.	.	PUNCT
cjal-3321	685	1	the	the	DET
cjal-3321	685	2	call	call	NOUN
cjal-3321	685	3	for	for	ADP
cjal-3321	685	4	harmony	harmony	NOUN
cjal-3321	685	5	is	be	AUX
cjal-3321	685	6	also	also	ADV
cjal-3321	685	7	found	find	VERB
cjal-3321	685	8	in	in	ADP
cjal-3321	685	9	the	the	DET
cjal-3321	685	10	capital	capital	NOUN
cjal-3321	685	11	market	market	NOUN
cjal-3321	685	12	,	,	PUNCT
cjal-3321	685	13	where	where	SCONJ
cjal-3321	685	14	stockholders	stockholder	NOUN
cjal-3321	685	15	continue	continue	VERB
cjal-3321	685	16	to	to	PART
cjal-3321	685	17	lobby	lobby	VERB
cjal-3321	685	18	for	for	ADP
cjal-3321	685	19	greater	great	ADJ
cjal-3321	685	20	transparency	transparency	NOUN
cjal-3321	685	21	and	and	CCONJ
cjal-3321	685	22	enforcement	enforcement	NOUN
cjal-3321	685	23	of	of	ADP
cjal-3321	685	24	illegal	illegal	ADJ
cjal-3321	685	25	self	self	NOUN
cjal-3321	685	26	-	-	PUNCT
cjal-3321	685	27	dealing	deal	VERB
cjal-3321	685	28	cases	case	NOUN
cjal-3321	685	29	.	.	PUNCT
cjal-3321	685	30	'52	'52	NUM
cjal-3321	685	31	because	because	SCONJ
cjal-3321	685	32	of	of	ADP
cjal-3321	685	33	the	the	DET
cjal-3321	685	34	csrc	csrc	NOUN
cjal-3321	685	35	's	's	PART
cjal-3321	685	36	soe	soe	ADJ
cjal-3321	685	37	-	-	PUNCT
cjal-3321	685	38	friendly	friendly	ADJ
cjal-3321	685	39	approach	approach	NOUN
cjal-3321	685	40	,	,	PUNCT
cjal-3321	685	41	it	it	PRON
cjal-3321	685	42	is	be	AUX
cjal-3321	685	43	not	not	PART
cjal-3321	685	44	surprising	surprising	ADJ
cjal-3321	685	45	that	that	SCONJ
cjal-3321	685	46	the	the	DET
cjal-3321	685	47	measures	measure	NOUN
cjal-3321	685	48	,	,	PUNCT
cjal-3321	685	49	while	while	SCONJ
cjal-3321	685	50	seemingly	seemingly	ADV
cjal-3321	685	51	shareholder	shareholder	NOUN
cjal-3321	685	52	-	-	PUNCT
cjal-3321	685	53	friendly	friendly	ADJ
cjal-3321	685	54	on	on	ADP
cjal-3321	685	55	the	the	DET
cjal-3321	685	56	surface	surface	NOUN
cjal-3321	685	57	,	,	PUNCT
cjal-3321	685	58	substantially	substantially	ADV
cjal-3321	685	59	depart	depart	VERB
cjal-3321	685	60	from	from	ADP
cjal-3321	685	61	non	non	ADJ
cjal-3321	685	62	-	-	ADJ
cjal-3321	685	63	governmental	governmental	ADJ
cjal-3321	685	64	shareholders	shareholder	NOUN
cjal-3321	685	65	'	'	PART
cjal-3321	685	66	interests	interest	NOUN
cjal-3321	685	67	.	.	PUNCT
cjal-3321	686	1	the	the	DET
cjal-3321	686	2	current	current	ADJ
cjal-3321	686	3	approach	approach	NOUN
cjal-3321	686	4	not	not	PART
cjal-3321	686	5	only	only	ADV
cjal-3321	686	6	fails	fail	VERB
cjal-3321	686	7	to	to	PART
cjal-3321	686	8	serve	serve	VERB
cjal-3321	686	9	the	the	DET
cjal-3321	686	10	rapidly	rapidly	ADV
cjal-3321	686	11	developing	develop	VERB
cjal-3321	686	12	market	market	NOUN
cjal-3321	686	13	but	but	CCONJ
cjal-3321	686	14	also	also	ADV
cjal-3321	686	15	contradicts	contradict	VERB
cjal-3321	686	16	the	the	DET
cjal-3321	686	17	central	central	ADJ
cjal-3321	686	18	government	government	NOUN
cjal-3321	686	19	's	's	PART
cjal-3321	686	20	growing	grow	VERB
cjal-3321	686	21	emphasis	emphasis	NOUN
cjal-3321	686	22	on	on	ADP
cjal-3321	686	23	social	social	ADJ
cjal-3321	686	24	stability	stability	NOUN
cjal-3321	686	25	.	.	PUNCT
cjal-3321	687	1	as	as	SCONJ
cjal-3321	687	2	discussed	discuss	VERB
cjal-3321	687	3	in	in	ADP
cjal-3321	687	4	part	part	PROPN
cjal-3321	687	5	ii	ii	PROPN
cjal-3321	687	6	,	,	PUNCT
cjal-3321	687	7	the	the	DET
cjal-3321	687	8	state	state	PROPN
cjal-3321	687	9	council	council	NOUN
cjal-3321	687	10	's	's	PART
cjal-3321	687	11	focus	focus	NOUN
cjal-3321	687	12	has	have	AUX
cjal-3321	687	13	shifted	shift	VERB
cjal-3321	687	14	in	in	ADP
cjal-3321	687	15	recent	recent	ADJ
cjal-3321	687	16	years	year	NOUN
cjal-3321	687	17	from	from	ADP
cjal-3321	687	18	reform	reform	NOUN
cjal-3321	687	19	of	of	ADP
cjal-3321	687	20	soes	soe	NOUN
cjal-3321	687	21	and	and	CCONJ
cjal-3321	687	22	protection	protection	NOUN
cjal-3321	687	23	of	of	ADP
cjal-3321	687	24	soas	soas	ADJ
cjal-3321	687	25	to	to	ADP
cjal-3321	687	26	promotion	promotion	NOUN
cjal-3321	687	27	of	of	ADP
cjal-3321	687	28	a	a	DET
cjal-3321	687	29	"	"	PUNCT
cjal-3321	687	30	harmonious	harmonious	ADJ
cjal-3321	687	31	society	society	NOUN
cjal-3321	687	32	.	.	PUNCT
cjal-3321	688	1	"'53	"'53	NOUN
cjal-3321	688	2	that	that	PRON
cjal-3321	688	3	the	the	DET
cjal-3321	688	4	csrc	csrc	NOUN
cjal-3321	688	5	derives	derive	VERB
cjal-3321	688	6	its	its	PRON
cjal-3321	688	7	market	market	NOUN
cjal-3321	688	8	regulatory	regulatory	ADJ
cjal-3321	688	9	power	power	NOUN
cjal-3321	688	10	from	from	ADP
cjal-3321	688	11	the	the	DET
cjal-3321	688	12	state	state	NOUN
cjal-3321	688	13	council	council	PROPN
cjal-3321	688	14	pursuant	pursuant	ADV
cjal-3321	688	15	to	to	ADP
cjal-3321	688	16	the	the	DET
cjal-3321	688	17	securities	security	NOUN
cjal-3321	688	18	law	law	NOUN
cjal-3321	688	19	requires	require	VERB
cjal-3321	688	20	the	the	DET
cjal-3321	688	21	csrc	csrc	NOUN
cjal-3321	688	22	to	to	PART
cjal-3321	688	23	be	be	AUX
cjal-3321	688	24	responsive	responsive	ADJ
cjal-3321	688	25	to	to	ADP
cjal-3321	688	26	the	the	DET
cjal-3321	688	27	state	state	NOUN
cjal-3321	688	28	council	council	NOUN
cjal-3321	688	29	's	's	PART
cjal-3321	688	30	policy	policy	NOUN
cjal-3321	688	31	directions	direction	NOUN
cjal-3321	688	32	.	.	PUNCT
cjal-3321	689	1	the	the	DET
cjal-3321	689	2	significant	significant	ADJ
cjal-3321	689	3	policy	policy	NOUN
cjal-3321	689	4	change	change	NOUN
cjal-3321	689	5	at	at	ADP
cjal-3321	689	6	the	the	DET
cjal-3321	689	7	state	state	NOUN
cjal-3321	689	8	council	council	NOUN
cjal-3321	689	9	level	level	NOUN
cjal-3321	689	10	thus	thus	ADV
cjal-3321	689	11	means	mean	VERB
cjal-3321	689	12	that	that	SCONJ
cjal-3321	689	13	the	the	DET
cjal-3321	689	14	csrc	csrc	NOUN
cjal-3321	689	15	should	should	AUX
cjal-3321	689	16	also	also	ADV
cjal-3321	689	17	reform	reform	VERB
cjal-3321	689	18	its	its	PRON
cjal-3321	689	19	policy	policy	NOUN
cjal-3321	689	20	from	from	ADP
cjal-3321	689	21	an	an	DET
cjal-3321	689	22	,	,	PUNCT
cjal-3321	689	23	50	50	NUM
cjal-3321	689	24	while	while	SCONJ
cjal-3321	689	25	article	article	NOUN
cjal-3321	689	26	73	73	NUM
cjal-3321	689	27	of	of	ADP
cjal-3321	689	28	the	the	DET
cjal-3321	689	29	securities	security	NOUN
cjal-3321	689	30	law	law	NOUN
cjal-3321	689	31	prohibits	prohibit	VERB
cjal-3321	689	32	self	self	NOUN
cjal-3321	689	33	-	-	PUNCT
cjal-3321	689	34	dealing	dealing	NOUN
cjal-3321	689	35	,	,	PUNCT
cjal-3321	689	36	managers	manager	NOUN
cjal-3321	689	37	of	of	ADP
cjal-3321	689	38	soes	soe	NOUN
cjal-3321	689	39	in	in	ADP
cjal-3321	689	40	some	some	DET
cjal-3321	689	41	cases	case	NOUN
cjal-3321	689	42	are	be	AUX
cjal-3321	689	43	protected	protect	VERB
cjal-3321	689	44	by	by	ADP
cjal-3321	689	45	the	the	DET
cjal-3321	689	46	central	central	ADJ
cjal-3321	689	47	government	government	NOUN
cjal-3321	689	48	and	and	CCONJ
cjal-3321	689	49	insulated	insulate	VERB
cjal-3321	689	50	from	from	ADP
cjal-3321	689	51	prosecution	prosecution	NOUN
cjal-3321	689	52	.	.	PUNCT
cjal-3321	690	1	the	the	DET
cjal-3321	690	2	lack	lack	NOUN
cjal-3321	690	3	of	of	ADP
cjal-3321	690	4	market	market	NOUN
cjal-3321	690	5	discipline	discipline	NOUN
cjal-3321	690	6	and	and	CCONJ
cjal-3321	690	7	shareholder	shareholder	NOUN
cjal-3321	690	8	supervision	supervision	NOUN
cjal-3321	690	9	leaves	leave	VERB
cjal-3321	690	10	self	self	NOUN
cjal-3321	690	11	-	-	PUNCT
cjal-3321	690	12	interested	interested	ADJ
cjal-3321	690	13	actions	action	NOUN
cjal-3321	690	14	of	of	ADP
cjal-3321	690	15	soe	soe	ADJ
cjal-3321	690	16	managers	manager	NOUN
cjal-3321	690	17	unchecked	unchecked	ADJ
cjal-3321	690	18	.	.	PUNCT
cjal-3321	691	1	'	'	PUNCT
cjal-3321	691	2	5	5	NUM
cjal-3321	691	3	'	'	PUNCT
cjal-3321	691	4	in	in	ADP
cjal-3321	691	5	most	most	ADJ
cjal-3321	691	6	cases	case	NOUN
cjal-3321	691	7	,	,	PUNCT
cjal-3321	691	8	the	the	DET
cjal-3321	691	9	conflicts	conflict	NOUN
cjal-3321	691	10	are	be	AUX
cjal-3321	691	11	invited	invite	VERB
cjal-3321	691	12	by	by	ADP
cjal-3321	691	13	unjustified	unjustified	ADJ
cjal-3321	691	14	acts	act	NOUN
cjal-3321	691	15	of	of	ADP
cjal-3321	691	16	local	local	ADJ
cjal-3321	691	17	authorities	authority	NOUN
cjal-3321	691	18	and	and	CCONJ
cjal-3321	691	19	triggered	trigger	VERB
cjal-3321	691	20	by	by	ADP
cjal-3321	691	21	isolated	isolated	ADJ
cjal-3321	691	22	incidents	incident	NOUN
cjal-3321	691	23	.	.	PUNCT
cjal-3321	692	1	at	at	ADP
cjal-3321	692	2	the	the	DET
cjal-3321	692	3	beginning	beginning	NOUN
cjal-3321	692	4	,	,	PUNCT
cjal-3321	692	5	the	the	DET
cjal-3321	692	6	incident	incident	NOUN
cjal-3321	692	7	can	can	AUX
cjal-3321	692	8	be	be	AUX
cjal-3321	692	9	a	a	DET
cjal-3321	692	10	small	small	ADJ
cjal-3321	692	11	-	-	PUNCT
cjal-3321	692	12	scale	scale	NOUN
cjal-3321	692	13	conflict	conflict	NOUN
cjal-3321	692	14	between	between	ADP
cjal-3321	692	15	the	the	DET
cjal-3321	692	16	local	local	ADJ
cjal-3321	692	17	authority	authority	NOUN
cjal-3321	692	18	and	and	CCONJ
cjal-3321	692	19	victims	victim	NOUN
cjal-3321	692	20	of	of	ADP
cjal-3321	692	21	the	the	DET
cjal-3321	692	22	government	government	NOUN
cjal-3321	692	23	's	's	PART
cjal-3321	692	24	acts	act	NOUN
cjal-3321	692	25	.	.	PUNCT
cjal-3321	693	1	then	then	ADV
cjal-3321	693	2	,	,	PUNCT
cjal-3321	693	3	other	other	ADJ
cjal-3321	693	4	indignant	indignant	ADJ
cjal-3321	693	5	social	social	ADJ
cjal-3321	693	6	groups	group	NOUN
cjal-3321	693	7	,	,	PUNCT
cjal-3321	693	8	which	which	PRON
cjal-3321	693	9	probably	probably	ADV
cjal-3321	693	10	share	share	VERB
cjal-3321	693	11	the	the	DET
cjal-3321	693	12	same	same	ADJ
cjal-3321	693	13	grievances	grievance	NOUN
cjal-3321	693	14	,	,	PUNCT
cjal-3321	693	15	join	join	VERB
cjal-3321	693	16	in	in	ADP
cjal-3321	693	17	the	the	DET
cjal-3321	693	18	conflict	conflict	NOUN
cjal-3321	693	19	.	.	PUNCT
cjal-3321	694	1	the	the	DET
cjal-3321	694	2	scale	scale	NOUN
cjal-3321	694	3	of	of	ADP
cjal-3321	694	4	conflicts	conflict	NOUN
cjal-3321	694	5	,	,	PUNCT
cjal-3321	694	6	in	in	ADP
cjal-3321	694	7	some	some	DET
cjal-3321	694	8	cases	case	NOUN
cjal-3321	694	9	,	,	PUNCT
cjal-3321	694	10	has	have	AUX
cjal-3321	694	11	escalated	escalate	VERB
cjal-3321	694	12	to	to	ADP
cjal-3321	694	13	regional	regional	ADJ
cjal-3321	694	14	upheaval	upheaval	NOUN
cjal-3321	694	15	.	.	PUNCT
cjal-3321	695	1	15	15	NUM
cjal-3321	695	2	'	'	PART
cjal-3321	695	3	li	li	PROPN
cjal-3321	695	4	mingzhi	mingzhi	PROPN
cjal-3321	695	5	(	(	PUNCT
cjal-3321	695	6	?	?	PUNCT
cjal-3321	695	7	!	!	PUNCT
cjal-3321	695	8	,	,	PUNCT
cjal-3321	695	9	t	t	PROPN
cjal-3321	695	10	)	)	PUNCT
cjal-3321	695	11	,	,	PUNCT
cjal-3321	695	12	zhengquan	zhengquan	PROPN
cjal-3321	695	13	fa	fa	PROPN
cjal-3321	695	14	de	de	PROPN
cjal-3321	695	15	xiugai	xiugai	PROPN
cjal-3321	695	16	yu	yu	PROPN
cjal-3321	695	17	shangshi	shangshi	VERB
cjal-3321	695	18	gongsi	gongsi	PROPN
cjal-3321	695	19	shougou	shougou	PROPN
cjal-3321	695	20	zhidu	zhidu	PROPN
cjal-3321	695	21	de	de	X
cjal-3321	695	22	wanshan	wanshan	PROPN
cjal-3321	695	23	(	(	PUNCT
cjal-3321	695	24	iem	iem	PROPN
cjal-3321	695	25	m	m	PROPN
cjal-3321	695	26	e	e	PROPN
cjal-3321	695	27	&	&	CCONJ
cjal-3321	695	28	_	_	PROPN
cjal-3321	695	29	j.	j.	PROPN
cjal-3321	695	30	]	]	X
cjal-3321	695	31	fi	fi	X
cjal-3321	695	32	>	>	X
cjal-3321	695	33	]	]	PUNCT
cjal-3321	695	34	$	$	SYM
cjal-3321	695	35	'	'	PRON
cjal-3321	695	36	i/	i/	VERB
cjal-3321	695	37	:	:	PUNCT
cjal-3321	696	1	[	[	X
cjal-3321	696	2	revision	revision	NOUN
cjal-3321	696	3	of	of	ADP
cjal-3321	696	4	securities	security	NOUN
cjal-3321	696	5	law	law	NOUN
cjal-3321	696	6	and	and	CCONJ
cjal-3321	696	7	the	the	DET
cjal-3321	696	8	improvement	improvement	NOUN
cjal-3321	696	9	of	of	ADP
cjal-3321	696	10	takeover	takeover	NOUN
cjal-3321	696	11	rules	rule	NOUN
cjal-3321	696	12	for	for	ADP
cjal-3321	696	13	listed	list	VERB
cjal-3321	696	14	companies	company	NOUN
cjal-3321	696	15	]	]	PUNCT
cjal-3321	696	16	,	,	PUNCT
cjal-3321	696	17	zhongguo	zhongguo	PROPN
cjal-3321	696	18	jinrong	jinrong	PROPN
cjal-3321	696	19	(	(	PUNCT
cjal-3321	696	20	l	l	NOUN
cjal-3321	696	21	)	)	PUNCT
cjal-3321	697	1	[	[	X
cjal-3321	697	2	china	china	X
cjal-3321	697	3	fin	fin	NOUN
cjal-3321	697	4	.	.	PUNCT
cjal-3321	698	1	]	]	X
cjal-3321	698	2	,	,	PUNCT
cjal-3321	698	3	no	no	INTJ
cjal-3321	698	4	.	.	NOUN
cjal-3321	698	5	1	1	NUM
cjal-3321	698	6	,	,	PUNCT
cjal-3321	698	7	2oo6	2oo6	NUM
cjal-3321	698	8	,	,	PUNCT
cjal-3321	698	9	at	at	ADP
cjal-3321	698	10	56	56	NUM
cjal-3321	698	11	.	.	PUNCT
cjal-3321	699	1	'	'	PUNCT
cjal-3321	699	2	51	51	NUM
cjal-3321	699	3	shang	shang	PROPN
cjal-3321	699	4	,	,	PUNCT
cjal-3321	699	5	supra	supra	PROPN
cjal-3321	699	6	note	note	VERB
cjal-3321	699	7	92	92	NUM
cjal-3321	699	8	.	.	PUNCT
cjal-3321	699	9	211	211	NUM
cjal-3321	699	10	columbia	columbia	PROPN
cjal-3321	699	11	journal	journal	PROPN
cjal-3321	699	12	ofasian	ofasian	ADJ
cjal-3321	699	13	law	law	NOUN
cjal-3321	699	14	,	,	PUNCT
cjal-3321	699	15	vol	vol	NOUN
cjal-3321	699	16	.	.	PROPN
cjal-3321	700	1	25	25	NUM
cjal-3321	700	2	,	,	PUNCT
cjal-3321	700	3	no	no	INTJ
cjal-3321	700	4	.	.	NOUN
cjal-3321	700	5	2	2	NUM
cjal-3321	700	6	(	(	PUNCT
cjal-3321	700	7	2012	2012	NUM
cjal-3321	700	8	)	)	PUNCT
cjal-3321	700	9	soe	soe	ADJ
cjal-3321	700	10	-	-	PUNCT
cjal-3321	700	11	friendly	friendly	ADJ
cjal-3321	700	12	approach	approach	NOUN
cjal-3321	700	13	to	to	ADP
cjal-3321	700	14	one	one	NUM
cjal-3321	700	15	that	that	PRON
cjal-3321	700	16	is	be	AUX
cjal-3321	700	17	more	more	ADV
cjal-3321	700	18	congruent	congruent	ADJ
cjal-3321	700	19	with	with	ADP
cjal-3321	700	20	the	the	DET
cjal-3321	700	21	state	state	NOUN
cjal-3321	700	22	council	council	NOUN
cjal-3321	700	23	's	's	PART
cjal-3321	700	24	socio	socio	NOUN
cjal-3321	700	25	-	-	PUNCT
cjal-3321	700	26	economic	economic	ADJ
cjal-3321	700	27	vision	vision	NOUN
cjal-3321	700	28	of	of	ADP
cjal-3321	700	29	a	a	DET
cjal-3321	700	30	"	"	PUNCT
cjal-3321	700	31	harmonious	harmonious	ADJ
cjal-3321	700	32	society	society	NOUN
cjal-3321	700	33	.	.	PUNCT
cjal-3321	700	34	"	"	PUNCT
cjal-3321	701	1	one	one	NUM
cjal-3321	701	2	solution	solution	NOUN
cjal-3321	701	3	is	be	AUX
cjal-3321	701	4	the	the	DET
cjal-3321	701	5	"	"	PUNCT
cjal-3321	701	6	social	social	ADJ
cjal-3321	701	7	entity	entity	NOUN
cjal-3321	701	8	conception	conception	NOUN
cjal-3321	701	9	"	"	PUNCT
cjal-3321	701	10	framework	framework	NOUN
cjal-3321	701	11	,	,	PUNCT
cjal-3321	701	12	which	which	PRON
cjal-3321	701	13	can	can	AUX
cjal-3321	701	14	alleviate	alleviate	VERB
cjal-3321	701	15	the	the	DET
cjal-3321	701	16	tension	tension	NOUN
cjal-3321	701	17	among	among	ADP
cjal-3321	701	18	the	the	DET
cjal-3321	701	19	interests	interest	NOUN
cjal-3321	701	20	of	of	ADP
cjal-3321	701	21	market	market	NOUN
cjal-3321	701	22	supervisory	supervisory	ADJ
cjal-3321	701	23	agencies	agency	NOUN
cjal-3321	701	24	,	,	PUNCT
cjal-3321	701	25	private	private	ADJ
cjal-3321	701	26	investors	investor	NOUN
cjal-3321	701	27	,	,	PUNCT
cjal-3321	701	28	and	and	CCONJ
cjal-3321	701	29	the	the	DET
cjal-3321	701	30	central	central	ADJ
cjal-3321	701	31	government	government	NOUN
cjal-3321	701	32	.	.	PUNCT
cjal-3321	702	1	the	the	DET
cjal-3321	702	2	social	social	ADJ
cjal-3321	702	3	entity	entity	NOUN
cjal-3321	702	4	conception	conception	NOUN
cjal-3321	702	5	proposed	propose	VERB
cjal-3321	702	6	in	in	ADP
cjal-3321	702	7	this	this	DET
cjal-3321	702	8	article	article	NOUN
cjal-3321	702	9	is	be	AUX
cjal-3321	702	10	not	not	PART
cjal-3321	702	11	identical	identical	ADJ
cjal-3321	702	12	to	to	ADP
cjal-3321	702	13	what	what	PRON
cjal-3321	702	14	was	be	AUX
cjal-3321	702	15	originally	originally	ADV
cjal-3321	702	16	conceived	conceive	VERB
cjal-3321	702	17	by	by	ADP
cjal-3321	702	18	professor	professor	PROPN
cjal-3321	702	19	william	william	PROPN
cjal-3321	702	20	allen	allen	PROPN
cjal-3321	702	21	.	.	PROPN
cjal-3321	703	1	'54	'54	PROPN
cjal-3321	703	2	the	the	DET
cjal-3321	703	3	original	original	ADJ
cjal-3321	703	4	approach	approach	NOUN
cjal-3321	703	5	encourages	encourage	VERB
cjal-3321	703	6	corporations	corporation	NOUN
cjal-3321	703	7	to	to	PART
cjal-3321	703	8	consider	consider	VERB
cjal-3321	703	9	the	the	DET
cjal-3321	703	10	social	social	ADJ
cjal-3321	703	11	wellbeing	wellbeing	NOUN
cjal-3321	703	12	of	of	ADP
cjal-3321	703	13	all	all	DET
cjal-3321	703	14	constituencies	constituency	NOUN
cjal-3321	703	15	,	,	PUNCT
cjal-3321	703	16	including	include	VERB
cjal-3321	703	17	external	external	ADJ
cjal-3321	703	18	stakeholders	stakeholder	NOUN
cjal-3321	703	19	and	and	CCONJ
cjal-3321	703	20	owners	owner	NOUN
cjal-3321	703	21	.	.	PUNCT
cjal-3321	704	1	under	under	ADP
cjal-3321	704	2	the	the	DET
cjal-3321	704	3	approach	approach	NOUN
cjal-3321	704	4	proposed	propose	VERB
cjal-3321	704	5	here	here	ADV
cjal-3321	704	6	,	,	PUNCT
cjal-3321	704	7	companies	company	NOUN
cjal-3321	704	8	would	would	AUX
cjal-3321	704	9	adopt	adopt	VERB
cjal-3321	704	10	governmental	governmental	ADJ
cjal-3321	704	11	interests	interest	NOUN
cjal-3321	704	12	as	as	ADP
cjal-3321	704	13	its	its	PRON
cjal-3321	704	14	guiding	guiding	NOUN
cjal-3321	704	15	value	value	NOUN
cjal-3321	704	16	.	.	PUNCT
cjal-3321	705	1	given	give	VERB
cjal-3321	705	2	the	the	DET
cjal-3321	705	3	current	current	ADJ
cjal-3321	705	4	desire	desire	NOUN
cjal-3321	705	5	to	to	PART
cjal-3321	705	6	achieve	achieve	VERB
cjal-3321	705	7	a	a	DET
cjal-3321	705	8	harmonious	harmonious	ADJ
cjal-3321	705	9	society	society	NOUN
cjal-3321	705	10	,	,	PUNCT
cjal-3321	705	11	takeover	takeover	NOUN
cjal-3321	705	12	legislation	legislation	NOUN
cjal-3321	705	13	should	should	AUX
cjal-3321	705	14	consider	consider	VERB
cjal-3321	705	15	the	the	DET
cjal-3321	705	16	social	social	ADJ
cjal-3321	705	17	wellbeing	wellbeing	NOUN
cjal-3321	705	18	of	of	ADP
cjal-3321	705	19	all	all	PRON
cjal-3321	705	20	and	and	CCONJ
cjal-3321	705	21	not	not	PART
cjal-3321	705	22	just	just	ADV
cjal-3321	705	23	state	state	NOUN
cjal-3321	705	24	stakeholders	stakeholder	NOUN
cjal-3321	705	25	.	.	PUNCT
cjal-3321	706	1	with	with	ADP
cjal-3321	706	2	this	this	DET
cjal-3321	706	3	shift	shift	NOUN
cjal-3321	706	4	of	of	ADP
cjal-3321	706	5	focus	focus	NOUN
cjal-3321	706	6	from	from	ADP
cjal-3321	706	7	soe	soe	PROPN
cjal-3321	706	8	interests	interest	NOUN
cjal-3321	706	9	to	to	PART
cjal-3321	706	10	stakeholder	stakeholder	VERB
cjal-3321	706	11	interests	interest	NOUN
cjal-3321	706	12	,	,	PUNCT
cjal-3321	706	13	the	the	DET
cjal-3321	706	14	social	social	ADJ
cjal-3321	706	15	entity	entity	NOUN
cjal-3321	706	16	conception	conception	NOUN
cjal-3321	706	17	approach	approach	NOUN
cjal-3321	706	18	can	can	AUX
cjal-3321	706	19	assist	assist	VERB
cjal-3321	706	20	the	the	DET
cjal-3321	706	21	csrc	csrc	NOUN
cjal-3321	706	22	to	to	PART
cjal-3321	706	23	comply	comply	VERB
cjal-3321	706	24	with	with	ADP
cjal-3321	706	25	the	the	DET
cjal-3321	706	26	central	central	ADJ
cjal-3321	706	27	government	government	NOUN
cjal-3321	706	28	's	's	PART
cjal-3321	706	29	"	"	PUNCT
cjal-3321	706	30	harmonious	harmonious	ADJ
cjal-3321	706	31	society	society	NOUN
cjal-3321	706	32	"	"	PUNCT
cjal-3321	706	33	policies	policy	NOUN
cjal-3321	706	34	.	.	PUNCT
cjal-3321	707	1	some	some	PRON
cjal-3321	707	2	assume	assume	VERB
cjal-3321	707	3	that	that	SCONJ
cjal-3321	707	4	chinese	chinese	ADJ
cjal-3321	707	5	corporate	corporate	ADJ
cjal-3321	707	6	law	law	NOUN
cjal-3321	707	7	has	have	AUX
cjal-3321	707	8	already	already	ADV
cjal-3321	707	9	long	long	ADV
cjal-3321	707	10	embodied	embody	VERB
cjal-3321	707	11	this	this	DET
cjal-3321	707	12	social	social	ADJ
cjal-3321	707	13	entity	entity	NOUN
cjal-3321	707	14	conception	conception	NOUN
cjal-3321	707	15	framework	framework	NOUN
cjal-3321	707	16	.	.	PUNCT
cjal-3321	707	17	'	'	PUNCT
cjal-3321	708	1	5	5	NUM
cjal-3321	708	2	yet	yet	ADV
cjal-3321	708	3	,	,	PUNCT
cjal-3321	708	4	the	the	DET
cjal-3321	708	5	analysis	analysis	NOUN
cjal-3321	708	6	of	of	ADP
cjal-3321	708	7	china	china	PROPN
cjal-3321	708	8	's	's	PART
cjal-3321	708	9	takeover	takeover	NOUN
cjal-3321	708	10	regime	regime	NOUN
cjal-3321	708	11	in	in	ADP
cjal-3321	708	12	the	the	DET
cjal-3321	708	13	foregoing	forego	VERB
cjal-3321	708	14	discussion	discussion	NOUN
cjal-3321	708	15	suggests	suggest	VERB
cjal-3321	708	16	that	that	SCONJ
cjal-3321	708	17	this	this	PRON
cjal-3321	708	18	is	be	AUX
cjal-3321	708	19	not	not	PART
cjal-3321	708	20	the	the	DET
cjal-3321	708	21	case	case	NOUN
cjal-3321	708	22	and	and	CCONJ
cjal-3321	708	23	that	that	SCONJ
cjal-3321	708	24	much	much	ADJ
cjal-3321	708	25	of	of	ADP
cjal-3321	708	26	the	the	DET
cjal-3321	708	27	legislation	legislation	NOUN
cjal-3321	708	28	from'the	from'the	DET
cjal-3321	708	29	past	past	ADJ
cjal-3321	708	30	twenty	twenty	NUM
cjal-3321	708	31	years	year	NOUN
cjal-3321	708	32	has	have	AUX
cjal-3321	708	33	adhered	adhere	VERB
cjal-3321	708	34	to	to	ADP
cjal-3321	708	35	the	the	DET
cjal-3321	708	36	"	"	PUNCT
cjal-3321	708	37	partial	partial	ADJ
cjal-3321	708	38	shareholder	shareholder	NOUN
cjal-3321	708	39	primacy	primacy	NOUN
cjal-3321	708	40	"	"	PUNCT
cjal-3321	708	41	principle	principle	NOUN
cjal-3321	708	42	.	.	PUNCT
cjal-3321	709	1	this	this	DET
cjal-3321	709	2	principle	principle	NOUN
cjal-3321	709	3	does	do	AUX
cjal-3321	709	4	not	not	PART
cjal-3321	709	5	maximize	maximize	VERB
cjal-3321	709	6	shareholders	shareholder	NOUN
cjal-3321	709	7	'	'	PART
cjal-3321	709	8	value	value	NOUN
cjal-3321	709	9	as	as	ADP
cjal-3321	709	10	a	a	DET
cjal-3321	709	11	whole	whole	NOUN
cjal-3321	709	12	,	,	PUNCT
cjal-3321	709	13	which	which	PRON
cjal-3321	709	14	is	be	AUX
cjal-3321	709	15	ironic	ironic	ADJ
cjal-3321	709	16	for	for	ADP
cjal-3321	709	17	legislation	legislation	NOUN
cjal-3321	709	18	that	that	PRON
cjal-3321	709	19	is	be	AUX
cjal-3321	709	20	supposed	suppose	VERB
cjal-3321	709	21	to	to	PART
cjal-3321	709	22	have	have	VERB
cjal-3321	709	23	a	a	DET
cjal-3321	709	24	core	core	NOUN
cjal-3321	709	25	objective	objective	NOUN
cjal-3321	709	26	consistent	consistent	ADJ
cjal-3321	709	27	with	with	ADP
cjal-3321	709	28	"	"	PUNCT
cjal-3321	709	29	the	the	DET
cjal-3321	709	30	interests	interest	NOUN
cjal-3321	709	31	of	of	ADP
cjal-3321	709	32	the	the	DET
cjal-3321	709	33	people	people	NOUN
cjal-3321	709	34	.	.	PUNCT
cjal-3321	709	35	'	'	PUNCT
cjal-3321	710	1	'	'	PUNCT
cjal-3321	711	1	6	6	NUM
cjal-3321	711	2	instead	instead	ADV
cjal-3321	711	3	,	,	PUNCT
cjal-3321	711	4	the	the	DET
cjal-3321	711	5	interests	interest	NOUN
cjal-3321	711	6	that	that	PRON
cjal-3321	711	7	these	these	DET
cjal-3321	711	8	laws	law	NOUN
cjal-3321	711	9	have	have	AUX
cjal-3321	711	10	primarily	primarily	ADV
cjal-3321	711	11	advocated	advocate	VERB
cjal-3321	711	12	are	be	AUX
cjal-3321	711	13	those	those	PRON
cjal-3321	711	14	of	of	ADP
cjal-3321	711	15	soes	soe	NOUN
cjal-3321	711	16	and	and	CCONJ
cjal-3321	711	17	the	the	DET
cjal-3321	711	18	central	central	ADJ
cjal-3321	711	19	government	government	NOUN
cjal-3321	711	20	.	.	PUNCT
cjal-3321	712	1	this	this	DET
cjal-3321	712	2	bias	bias	NOUN
cjal-3321	712	3	favoring	favor	VERB
cjal-3321	712	4	only	only	ADV
cjal-3321	712	5	state	state	NOUN
cjal-3321	712	6	shareholders	shareholder	NOUN
cjal-3321	712	7	is	be	AUX
cjal-3321	712	8	inconsistent	inconsistent	ADJ
cjal-3321	712	9	with	with	ADP
cjal-3321	712	10	the	the	DET
cjal-3321	712	11	policies	policy	NOUN
cjal-3321	712	12	of	of	ADP
cjal-3321	712	13	the	the	DET
cjal-3321	712	14	harmonious	harmonious	ADJ
cjal-3321	712	15	society	society	NOUN
cjal-3321	712	16	.	.	PUNCT
cjal-3321	713	1	thus	thus	ADV
cjal-3321	713	2	,	,	PUNCT
cjal-3321	713	3	drafters	drafter	NOUN
cjal-3321	713	4	of	of	ADP
cjal-3321	713	5	chinese	chinese	ADJ
cjal-3321	713	6	takeover	takeover	NOUN
cjal-3321	713	7	legislation	legislation	NOUN
cjal-3321	713	8	must	must	AUX
cjal-3321	713	9	develop	develop	VERB
cjal-3321	713	10	a	a	DET
cjal-3321	713	11	road	road	NOUN
cjal-3321	713	12	map	map	NOUN
cjal-3321	713	13	to	to	PART
cjal-3321	713	14	modify	modify	VERB
cjal-3321	713	15	current	current	ADJ
cjal-3321	713	16	soefriendly	soefriendly	ADJ
cjal-3321	713	17	regulations	regulation	NOUN
cjal-3321	713	18	into	into	ADP
cjal-3321	713	19	those	those	PRON
cjal-3321	713	20	that	that	PRON
cjal-3321	713	21	improve	improve	VERB
cjal-3321	713	22	shareholder	shareholder	NOUN
cjal-3321	713	23	welfare	welfare	NOUN
cjal-3321	713	24	as	as	ADP
cjal-3321	713	25	a	a	DET
cjal-3321	713	26	whole	whole	NOUN
cjal-3321	713	27	.	.	PUNCT
cjal-3321	714	1	laws	law	NOUN
cjal-3321	714	2	should	should	AUX
cjal-3321	714	3	treat	treat	VERB
cjal-3321	714	4	every	every	DET
cjal-3321	714	5	market	market	NOUN
cjal-3321	714	6	participant	participant	NOUN
cjal-3321	714	7	equally	equally	ADV
cjal-3321	714	8	and	and	CCONJ
cjal-3321	714	9	alleviate	alleviate	VERB
cjal-3321	714	10	the	the	DET
cjal-3321	714	11	public	public	NOUN
cjal-3321	714	12	's	's	PART
cjal-3321	714	13	dissatisfaction	dissatisfaction	NOUN
cjal-3321	714	14	with	with	ADP
cjal-3321	714	15	market	market	NOUN
cjal-3321	714	16	supervisory	supervisory	ADJ
cjal-3321	714	17	agencies	agency	NOUN
cjal-3321	714	18	.	.	PUNCT
cjal-3321	715	1	maximizing	maximize	VERB
cjal-3321	715	2	shareholder	shareholder	NOUN
cjal-3321	715	3	wealth	wealth	NOUN
cjal-3321	715	4	in	in	ADP
cjal-3321	715	5	turn	turn	NOUN
cjal-3321	715	6	promotes	promote	VERB
cjal-3321	715	7	fair	fair	ADJ
cjal-3321	715	8	wealth	wealth	NOUN
cjal-3321	715	9	distribution	distribution	NOUN
cjal-3321	715	10	,	,	PUNCT
cjal-3321	715	11	a	a	DET
cjal-3321	715	12	main	main	ADJ
cjal-3321	715	13	principle	principle	NOUN
cjal-3321	715	14	of	of	ADP
cjal-3321	715	15	the	the	DET
cjal-3321	715	16	harmonious	harmonious	ADJ
cjal-3321	715	17	society	society	NOUN
cjal-3321	715	18	.	.	PUNCT
cjal-3321	716	1	applying	apply	VERB
cjal-3321	716	2	this	this	DET
cjal-3321	716	3	social	social	ADJ
cjal-3321	716	4	entity	entity	NOUN
cjal-3321	716	5	conception	conception	NOUN
cjal-3321	716	6	approach	approach	NOUN
cjal-3321	716	7	,	,	PUNCT
cjal-3321	716	8	this	this	DET
cjal-3321	716	9	part	part	NOUN
cjal-3321	716	10	will	will	AUX
cjal-3321	716	11	provide	provide	VERB
cjal-3321	716	12	strategies	strategy	NOUN
cjal-3321	716	13	for	for	ADP
cjal-3321	716	14	amending	amend	VERB
cjal-3321	716	15	current	current	ADJ
cjal-3321	716	16	takeover	takeover	NOUN
cjal-3321	716	17	regulations	regulation	NOUN
cjal-3321	716	18	in	in	ADP
cjal-3321	716	19	a	a	DET
cjal-3321	716	20	way	way	NOUN
cjal-3321	716	21	that	that	PRON
cjal-3321	716	22	would	would	AUX
cjal-3321	716	23	maximize	maximize	VERB
cjal-3321	716	24	social	social	ADJ
cjal-3321	716	25	welfare	welfare	NOUN
cjal-3321	716	26	and	and	CCONJ
cjal-3321	716	27	foster	foster	VERB
cjal-3321	716	28	a	a	DET
cjal-3321	716	29	fair	fair	ADJ
cjal-3321	716	30	market	market	NOUN
cjal-3321	716	31	system	system	NOUN
cjal-3321	716	32	.	.	PUNCT
cjal-3321	717	1	specifically	specifically	ADV
cjal-3321	717	2	,	,	PUNCT
cjal-3321	717	3	it	it	PRON
cjal-3321	717	4	will	will	AUX
cjal-3321	717	5	suggest	suggest	VERB
cjal-3321	717	6	changes	change	NOUN
cjal-3321	717	7	to	to	ADP
cjal-3321	717	8	disclosure	disclosure	NOUN
cjal-3321	717	9	,	,	PUNCT
cjal-3321	717	10	mandatory	mandatory	ADJ
cjal-3321	717	11	bid	bid	NOUN
cjal-3321	717	12	,	,	PUNCT
cjal-3321	717	13	and	and	CCONJ
cjal-3321	717	14	private	private	ADJ
cjal-3321	717	15	enforcement	enforcement	NOUN
cjal-3321	717	16	regulations	regulation	NOUN
cjal-3321	717	17	.	.	PUNCT
cjal-3321	718	1	,	,	PUNCT
cjal-3321	718	2	allen	allen	PROPN
cjal-3321	718	3	,	,	PUNCT
cjal-3321	718	4	supra	supra	PROPN
cjal-3321	718	5	note	note	PROPN
cjal-3321	718	6	14	14	NUM
cjal-3321	718	7	,	,	PUNCT
cjal-3321	718	8	at	at	ADP
cjal-3321	718	9	264	264	NUM
cjal-3321	718	10	-	-	SYM
cjal-3321	718	11	72	72	NUM
cjal-3321	718	12	.	.	PUNCT
cjal-3321	718	13	,	,	PUNCT
cjal-3321	718	14	see	see	VERB
cjal-3321	718	15	,	,	PUNCT
cjal-3321	718	16	e.g.	e.g.	ADV
cjal-3321	718	17	,	,	PUNCT
cjal-3321	719	1	guo	guo	PROPN
cjal-3321	719	2	long	long	ADJ
cjal-3321	719	3	(	(	PUNCT
cjal-3321	719	4	#	#	NOUN
cjal-3321	719	5	i;a	i;a	NUM
cjal-3321	719	6	)	)	PUNCT
cjal-3321	719	7	,	,	PUNCT
cjal-3321	719	8	woguo	woguo	PROPN
cjal-3321	719	9	shangshi	shangshi	PROPN
cjal-3321	719	10	lifa	lifa	PROPN
cjal-3321	719	11	de	de	PROPN
cjal-3321	719	12	shangshi	shangshi	PROPN
cjal-3321	719	13	tongze	tongze	PROPN
cjal-3321	719	14	moshi	moshi	PROPN
cjal-3321	719	15	taolun	taolun	PROPN
cjal-3321	720	1	j	j	PROPN
cjal-3321	721	1	j	j	PROPN
cjal-3321	721	2	]	]	X
cjal-3321	721	3	--l	--l	NOUN
cjal-3321	721	4	-	-	PUNCT
cjal-3321	721	5	{	{	PUNCT
cjal-3321	722	1	[	[	X
cjal-3321	722	2	a	a	DET
cjal-3321	722	3	discussion	discussion	NOUN
cjal-3321	722	4	on	on	ADP
cjal-3321	722	5	the	the	DET
cjal-3321	722	6	commercial	commercial	ADJ
cjal-3321	722	7	principles	principle	NOUN
cjal-3321	722	8	of	of	ADP
cjal-3321	722	9	commercial	commercial	ADJ
cjal-3321	722	10	law	law	NOUN
cjal-3321	722	11	legislation	legislation	NOUN
cjal-3321	722	12	in	in	ADP
cjal-3321	722	13	china	china	PROPN
cjal-3321	722	14	]	]	X
cjal-3321	722	15	,	,	PUNCT
cjal-3321	722	16	lanzhou	lanzhou	PROPN
cjal-3321	722	17	daxue	daxue	PROPN
cjal-3321	722	18	xuebao	xuebao	PROPN
cjal-3321	723	1	(	(	PUNCT
cjal-3321	723	2	n	n	CCONJ
cjal-3321	723	3	-	-	PUNCT
cjal-3321	723	4	l	l	NOUN
cjal-3321	723	5	-	-	PUNCT
cjal-3321	723	6	)	)	PUNCT
cjal-3321	724	1	[	[	X
cjal-3321	724	2	lanzhou	lanzhou	PROPN
cjal-3321	724	3	u.	u.	PROPN
cjal-3321	724	4	j.	j.	PROPN
cjal-3321	724	5	]	]	PROPN
cjal-3321	724	6	,	,	PUNCT
cjal-3321	724	7	no	no	INTJ
cjal-3321	724	8	.	.	PROPN
cjal-3321	724	9	38	38	NUM
cjal-3321	724	10	,	,	PUNCT
cjal-3321	724	11	2oio	2oio	NUM
cjal-3321	724	12	,	,	PUNCT
cjal-3321	724	13	at	at	ADP
cjal-3321	724	14	129	129	NUM
cjal-3321	724	15	.	.	PUNCT
cjal-3321	724	16	156	156	NUM
cjal-3321	724	17	see	see	VERB
cjal-3321	724	18	xianfa	xianfa	PROPN
cjal-3321	724	19	art	art	NOUN
cjal-3321	724	20	.	.	PUNCT
cjal-3321	725	1	1	1	NUM
cjal-3321	725	2	,	,	PUNCT
cjal-3321	725	3	§	§	PROPN
cjal-3321	725	4	§	§	PROPN
cjal-3321	725	5	1	1	NUM
cjal-3321	725	6	,	,	PUNCT
cjal-3321	725	7	2	2	NUM
cjal-3321	725	8	,	,	PUNCT
cjal-3321	725	9	5	5	NUM
cjal-3321	725	10	(	(	PUNCT
cjal-3321	725	11	1981	1981	NUM
cjal-3321	725	12	)	)	PUNCT
cjal-3321	725	13	,	,	PUNCT
cjal-3321	725	14	available	available	ADJ
cjal-3321	725	15	at	at	ADP
cjal-3321	725	16	http://www.gov.cn/gongbao/content/	http://www.gov.cn/gongbao/content/	PROPN
cjal-3321	725	17	2004	2004	NUM
cjal-3321	725	18	/	/	SYM
cjal-3321	725	19	content-62714.htm	content-62714.htm	PROPN
cjal-3321	725	20	(	(	PUNCT
cjal-3321	725	21	requiring	require	VERB
cjal-3321	725	22	all	all	DET
cjal-3321	725	23	laws	law	NOUN
cjal-3321	725	24	promulgated	promulgate	VERB
cjal-3321	725	25	to	to	PART
cjal-3321	725	26	follow	follow	VERB
cjal-3321	725	27	the	the	DET
cjal-3321	725	28	basic	basic	ADJ
cjal-3321	725	29	principles	principle	NOUN
cjal-3321	725	30	of	of	ADP
cjal-3321	725	31	socialism	socialism	NOUN
cjal-3321	725	32	and	and	CCONJ
cjal-3321	725	33	all	all	DET
cjal-3321	725	34	the	the	DET
cjal-3321	725	35	rights	right	NOUN
cjal-3321	725	36	belonging	belong	VERB
cjal-3321	725	37	to	to	ADP
cjal-3321	725	38	the	the	DET
cjal-3321	725	39	people	people	NOUN
cjal-3321	725	40	and	and	CCONJ
cjal-3321	725	41	all	all	DET
cjal-3321	725	42	the	the	DET
cjal-3321	725	43	laws	law	NOUN
cjal-3321	725	44	to	to	PART
cjal-3321	725	45	be	be	AUX
cjal-3321	725	46	enacted	enact	VERB
cjal-3321	725	47	in	in	ADP
cjal-3321	725	48	the	the	DET
cjal-3321	725	49	interests	interest	NOUN
cjal-3321	725	50	of	of	ADP
cjal-3321	725	51	people	people	NOUN
cjal-3321	725	52	)	)	PUNCT
cjal-3321	725	53	.	.	PUNCT
cjal-3321	726	1	a.	a.	NOUN
cjal-3321	726	2	changes	change	NOUN
cjal-3321	726	3	to	to	ADP
cjal-3321	726	4	takeover	takeover	NOUN
cjal-3321	726	5	regulations	regulation	NOUN
cjal-3321	726	6	1	1	NUM
cjal-3321	726	7	.	.	NUM
cjal-3321	726	8	heightened	heightened	ADJ
cjal-3321	726	9	but	but	CCONJ
cjal-3321	726	10	fewer	few	ADJ
cjal-3321	726	11	disclosures	disclosure	NOUN
cjal-3321	726	12	although	although	SCONJ
cjal-3321	726	13	current	current	ADJ
cjal-3321	726	14	chinese	chinese	ADJ
cjal-3321	726	15	takeover	takeover	NOUN
cjal-3321	726	16	regulations	regulation	NOUN
cjal-3321	726	17	demand	demand	VERB
cjal-3321	726	18	more	more	ADJ
cjal-3321	726	19	frequent	frequent	ADJ
cjal-3321	726	20	disclosures	disclosure	NOUN
cjal-3321	726	21	than	than	ADP
cjal-3321	726	22	many	many	ADJ
cjal-3321	726	23	other	other	ADJ
cjal-3321	726	24	regimes	regime	NOUN
cjal-3321	726	25	,	,	PUNCT
cjal-3321	726	26	they	they	PRON
cjal-3321	726	27	still	still	ADV
cjal-3321	726	28	fail	fail	VERB
cjal-3321	726	29	to	to	PART
cjal-3321	726	30	achieve	achieve	VERB
cjal-3321	726	31	the	the	DET
cjal-3321	726	32	intended	intend	VERB
cjal-3321	726	33	objectives	objective	NOUN
cjal-3321	726	34	of	of	ADP
cjal-3321	726	35	ad	ad	X
cjal-3321	726	36	hoc	hoc	X
cjal-3321	726	37	disclosure	disclosure	NOUN
cjal-3321	726	38	requirements	requirement	NOUN
cjal-3321	726	39	,	,	PUNCT
cjal-3321	726	40	i.e.	i.e.	X
cjal-3321	726	41	,	,	PUNCT
cjal-3321	726	42	helping	help	VERB
cjal-3321	726	43	principals	principal	NOUN
cjal-3321	726	44	effectively	effectively	ADV
cjal-3321	726	45	evaluate	evaluate	VERB
cjal-3321	726	46	whether	whether	SCONJ
cjal-3321	726	47	to	to	PART
cjal-3321	726	48	maintain	maintain	VERB
cjal-3321	726	49	their	their	PRON
cjal-3321	726	50	ownership	ownership	NOUN
cjal-3321	726	51	after	after	ADP
cjal-3321	726	52	a	a	DET
cjal-3321	726	53	takeover	takeover	NOUN
cjal-3321	726	54	or	or	CCONJ
cjal-3321	726	55	exit	exit	VERB
cjal-3321	726	56	the	the	DET
cjal-3321	726	57	firm	firm	NOUN
cjal-3321	726	58	entirely	entirely	ADV
cjal-3321	726	59	.	.	PUNCT
cjal-3321	727	1	'	'	PUNCT
cjal-3321	727	2	57	57	NUM
cjal-3321	727	3	the	the	DET
cjal-3321	727	4	primary	primary	ADJ
cjal-3321	727	5	cause	cause	NOUN
cjal-3321	727	6	of	of	ADP
cjal-3321	727	7	this	this	DET
cjal-3321	727	8	failure	failure	NOUN
cjal-3321	727	9	is	be	AUX
cjal-3321	727	10	the	the	DET
cjal-3321	727	11	absence	absence	NOUN
cjal-3321	727	12	of	of	ADP
cjal-3321	727	13	a	a	DET
cjal-3321	727	14	requirement	requirement	NOUN
cjal-3321	727	15	for	for	SCONJ
cjal-3321	727	16	purchasers	purchaser	NOUN
cjal-3321	727	17	to	to	PART
cjal-3321	727	18	disclose	disclose	VERB
cjal-3321	727	19	takeover	takeover	NOUN
cjal-3321	727	20	intentions	intention	NOUN
cjal-3321	727	21	,	,	PUNCT
cjal-3321	727	22	a	a	DET
cjal-3321	727	23	piece	piece	NOUN
cjal-3321	727	24	of	of	ADP
cjal-3321	727	25	information	information	NOUN
cjal-3321	727	26	that	that	PRON
cjal-3321	727	27	is	be	AUX
cjal-3321	727	28	critical	critical	ADJ
cjal-3321	727	29	to	to	ADP
cjal-3321	727	30	a	a	DET
cjal-3321	727	31	principal	principal	NOUN
cjal-3321	727	32	's	's	PART
cjal-3321	727	33	decision	decision	NOUN
cjal-3321	727	34	to	to	PART
cjal-3321	727	35	exit	exit	VERB
cjal-3321	727	36	.	.	PUNCT
cjal-3321	728	1	'	'	PUNCT
cjal-3321	728	2	58	58	NUM
cjal-3321	728	3	at	at	ADP
cjal-3321	728	4	the	the	DET
cjal-3321	728	5	same	same	ADJ
cjal-3321	728	6	time	time	NOUN
cjal-3321	728	7	,	,	PUNCT
cjal-3321	728	8	the	the	DET
cjal-3321	728	9	law	law	NOUN
cjal-3321	728	10	unnecessarily	unnecessarily	ADV
cjal-3321	728	11	requires	require	VERB
cjal-3321	728	12	disclosure	disclosure	NOUN
cjal-3321	728	13	with	with	ADP
cjal-3321	728	14	each	each	DET
cjal-3321	728	15	5	5	NUM
cjal-3321	728	16	%	%	NOUN
cjal-3321	728	17	change	change	NOUN
cjal-3321	728	18	in	in	ADP
cjal-3321	728	19	stockholding	stockholde	VERB
cjal-3321	728	20	.	.	PUNCT
cjal-3321	729	1	'59	'59	NUM
cjal-3321	729	2	more	more	ADJ
cjal-3321	729	3	information	information	NOUN
cjal-3321	729	4	alone	alone	ADV
cjal-3321	729	5	does	do	AUX
cjal-3321	729	6	not	not	PART
cjal-3321	729	7	necessarily	necessarily	ADV
cjal-3321	729	8	benefit	benefit	VERB
cjal-3321	729	9	shareholders	shareholder	NOUN
cjal-3321	729	10	.	.	PUNCT
cjal-3321	729	11	'	'	PUNCT
cjal-3321	730	1	60	60	NUM
cjal-3321	730	2	the	the	DET
cjal-3321	730	3	excess	excess	NOUN
cjal-3321	730	4	of	of	ADP
cjal-3321	730	5	information	information	NOUN
cjal-3321	730	6	deters	deter	VERB
cjal-3321	730	7	potential	potential	ADJ
cjal-3321	730	8	bidders	bidder	NOUN
cjal-3321	730	9	by	by	ADP
cjal-3321	730	10	reducing	reduce	VERB
cjal-3321	730	11	their	their	PRON
cjal-3321	730	12	anticipated	anticipate	VERB
cjal-3321	730	13	control	control	NOUN
cjal-3321	730	14	premium	premium	NOUN
cjal-3321	730	15	.	.	PUNCT
cjal-3321	731	1	to	to	PART
cjal-3321	731	2	maximize	maximize	VERB
cjal-3321	731	3	all	all	DET
cjal-3321	731	4	shareholder	shareholder	NOUN
cjal-3321	731	5	values	value	NOUN
cjal-3321	731	6	and	and	CCONJ
cjal-3321	731	7	support	support	VERB
cjal-3321	731	8	a	a	DET
cjal-3321	731	9	fair	fair	ADJ
cjal-3321	731	10	market	market	NOUN
cjal-3321	731	11	,	,	PUNCT
cjal-3321	731	12	the	the	DET
cjal-3321	731	13	current	current	ADJ
cjal-3321	731	14	disclosure	disclosure	NOUN
cjal-3321	731	15	regulations	regulation	NOUN
cjal-3321	731	16	should	should	AUX
cjal-3321	731	17	be	be	AUX
cjal-3321	731	18	modified	modify	VERB
cjal-3321	731	19	to	to	PART
cjal-3321	731	20	eradicate	eradicate	VERB
cjal-3321	731	21	these	these	DET
cjal-3321	731	22	failings	failing	NOUN
cjal-3321	731	23	.	.	PUNCT
cjal-3321	732	1	first	first	ADV
cjal-3321	732	2	,	,	PUNCT
cjal-3321	732	3	disclosure	disclosure	NOUN
cjal-3321	732	4	rules	rule	NOUN
cjal-3321	732	5	should	should	AUX
cjal-3321	732	6	be	be	AUX
cjal-3321	732	7	amended	amend	VERB
cjal-3321	732	8	to	to	PART
cjal-3321	732	9	require	require	VERB
cjal-3321	732	10	all	all	DET
cjal-3321	732	11	purchasers	purchaser	NOUN
cjal-3321	732	12	to	to	PART
cjal-3321	732	13	disclose	disclose	VERB
cjal-3321	732	14	their	their	PRON
cjal-3321	732	15	intent	intent	NOUN
cjal-3321	732	16	to	to	PART
cjal-3321	732	17	acquire	acquire	VERB
cjal-3321	732	18	control	control	NOUN
cjal-3321	732	19	once	once	SCONJ
cjal-3321	732	20	their	their	PRON
cjal-3321	732	21	stock	stock	NOUN
cjal-3321	732	22	ownership	ownership	NOUN
cjal-3321	732	23	reaches	reach	VERB
cjal-3321	732	24	5	5	NUM
cjal-3321	732	25	%	%	NOUN
cjal-3321	732	26	.	.	PUNCT
cjal-3321	733	1	to	to	PART
cjal-3321	733	2	provide	provide	VERB
cjal-3321	733	3	sufficient	sufficient	ADJ
cjal-3321	733	4	details	detail	NOUN
cjal-3321	733	5	to	to	ADP
cjal-3321	733	6	shareholders	shareholder	NOUN
cjal-3321	733	7	for	for	ADP
cjal-3321	733	8	informed	informed	ADJ
cjal-3321	733	9	decision	decision	NOUN
cjal-3321	733	10	-	-	PUNCT
cjal-3321	733	11	making	making	NOUN
cjal-3321	733	12	,	,	PUNCT
cjal-3321	733	13	the	the	DET
cjal-3321	733	14	disclosure	disclosure	NOUN
cjal-3321	733	15	should	should	AUX
cjal-3321	733	16	include	include	VERB
cjal-3321	733	17	up	up	ADP
cjal-3321	733	18	-	-	PUNCT
cjal-3321	733	19	to	to	ADP
cjal-3321	733	20	-	-	PUNCT
cjal-3321	733	21	date	date	NOUN
cjal-3321	733	22	,	,	PUNCT
cjal-3321	733	23	accurate	accurate	ADJ
cjal-3321	733	24	,	,	PUNCT
cjal-3321	733	25	and	and	CCONJ
cjal-3321	733	26	relevant	relevant	ADJ
cjal-3321	733	27	information	information	NOUN
cjal-3321	733	28	that	that	PRON
cjal-3321	733	29	enables	enable	VERB
cjal-3321	733	30	shareholders	shareholder	NOUN
cjal-3321	733	31	to	to	PART
cjal-3321	733	32	better	well	ADV
cjal-3321	733	33	assess	assess	VERB
cjal-3321	733	34	agency	agency	NOUN
cjal-3321	733	35	and	and	CCONJ
cjal-3321	733	36	coordination	coordination	NOUN
cjal-3321	733	37	problems	problem	NOUN
cjal-3321	733	38	.	.	PUNCT
cjal-3321	734	1	in	in	ADP
cjal-3321	734	2	addition	addition	NOUN
cjal-3321	734	3	,	,	PUNCT
cjal-3321	734	4	disclosure	disclosure	NOUN
cjal-3321	734	5	must	must	AUX
cjal-3321	734	6	be	be	AUX
cjal-3321	734	7	timely	timely	ADJ
cjal-3321	734	8	for	for	SCONJ
cjal-3321	734	9	a	a	DET
cjal-3321	734	10	target	target	NOUN
cjal-3321	734	11	company	company	NOUN
cjal-3321	734	12	to	to	PART
cjal-3321	734	13	have	have	VERB
cjal-3321	734	14	sufficient	sufficient	ADJ
cjal-3321	734	15	time	time	NOUN
cjal-3321	734	16	to	to	PART
cjal-3321	734	17	prepare	prepare	VERB
cjal-3321	734	18	its	its	PRON
cjal-3321	734	19	defenses	defense	NOUN
cjal-3321	734	20	in	in	ADP
cjal-3321	734	21	the	the	DET
cjal-3321	734	22	event	event	NOUN
cjal-3321	734	23	of	of	ADP
cjal-3321	734	24	an	an	DET
cjal-3321	734	25	undesirable	undesirable	ADJ
cjal-3321	734	26	takeover	takeover	NOUN
cjal-3321	734	27	threat	threat	NOUN
cjal-3321	734	28	.	.	PUNCT
cjal-3321	735	1	'62	'62	NUM
cjal-3321	735	2	as	as	SCONJ
cjal-3321	735	3	professor	professor	PROPN
cjal-3321	735	4	david	david	PROPN
cjal-3321	735	5	skeel	skeel	PROPN
cjal-3321	735	6	has	have	AUX
cjal-3321	735	7	explained	explain	VERB
cjal-3321	735	8	,	,	PUNCT
cjal-3321	735	9	the	the	DET
cjal-3321	735	10	main	main	ADJ
cjal-3321	735	11	goal	goal	NOUN
cjal-3321	735	12	of	of	ADP
cjal-3321	735	13	the	the	DET
cjal-3321	735	14	mandatory	mandatory	ADJ
cjal-3321	735	15	disclosure	disclosure	NOUN
cjal-3321	735	16	rule	rule	NOUN
cjal-3321	735	17	is	be	AUX
cjal-3321	735	18	to	to	PART
cjal-3321	735	19	prevent	prevent	VERB
cjal-3321	735	20	bidders	bidder	NOUN
cjal-3321	735	21	from	from	ADP
cjal-3321	735	22	conducting	conduct	VERB
cjal-3321	735	23	so	so	ADV
cjal-3321	735	24	-	-	PUNCT
cjal-3321	735	25	called	call	VERB
cjal-3321	735	26	"	"	PUNCT
cjal-3321	735	27	saturday	saturday	PROPN
cjal-3321	735	28	night	night	NOUN
cjal-3321	735	29	special	special	ADJ
cjal-3321	735	30	"	"	PUNCT
cjal-3321	735	31	tender	tender	NOUN
cjal-3321	735	32	offers	offer	VERB
cjal-3321	735	33	that	that	SCONJ
cjal-3321	735	34	pressure	pressure	NOUN
cjal-3321	735	35	shareholders	shareholder	NOUN
cjal-3321	735	36	into	into	ADP
cjal-3321	735	37	tendering	tender	VERB
cjal-3321	735	38	their	their	PRON
cjal-3321	735	39	shares	share	NOUN
cjal-3321	735	40	without	without	ADP
cjal-3321	735	41	proper	proper	ADJ
cjal-3321	735	42	consideration	consideration	NOUN
cjal-3321	735	43	by	by	ADP
cjal-3321	735	44	imposing	impose	VERB
cjal-3321	735	45	tight	tight	ADJ
cjal-3321	735	46	time	time	NOUN
cjal-3321	735	47	constraints	constraint	NOUN
cjal-3321	735	48	and	and	CCONJ
cjal-3321	735	49	limiting	limit	VERB
cjal-3321	735	50	tender	tender	NOUN
cjal-3321	735	51	offers	offer	NOUN
cjal-3321	735	52	to	to	ADP
cjal-3321	735	53	a	a	DET
cjal-3321	735	54	first	first	ADJ
cjal-3321	735	55	-	-	PUNCT
cjal-3321	735	56	come	come	NOUN
cjal-3321	735	57	,	,	PUNCT
cjal-3321	735	58	first	first	ADJ
cjal-3321	735	59	-	-	PUNCT
cjal-3321	735	60	serve	serve	VERB
cjal-3321	735	61	basis	basis	NOUN
cjal-3321	735	62	.	.	PUNCT
cjal-3321	735	63	'	'	PUNCT
cjal-3321	736	1	63	63	NUM
cjal-3321	736	2	to	to	PART
cjal-3321	736	3	serve	serve	VERB
cjal-3321	736	4	this	this	DET
cjal-3321	736	5	purpose	purpose	NOUN
cjal-3321	736	6	,	,	PUNCT
cjal-3321	736	7	disclosure	disclosure	NOUN
cjal-3321	736	8	of	of	ADP
cjal-3321	736	9	a	a	DET
cjal-3321	736	10	bidder	bidder	NOUN
cjal-3321	736	11	's	's	PART
cjal-3321	736	12	takeover	takeover	NOUN
cjal-3321	736	13	intent	intent	NOUN
cjal-3321	736	14	at	at	ADP
cjal-3321	736	15	an	an	DET
cjal-3321	736	16	early	early	ADJ
cjal-3321	736	17	ownership	ownership	NOUN
cjal-3321	736	18	threshold	threshold	NOUN
cjal-3321	736	19	is	be	AUX
cjal-3321	736	20	the	the	DET
cjal-3321	736	21	linchpin	linchpin	NOUN
cjal-3321	736	22	of	of	ADP
cjal-3321	736	23	an	an	DET
cjal-3321	736	24	effective	effective	ADJ
cjal-3321	736	25	disclosure	disclosure	NOUN
cjal-3321	736	26	system	system	NOUN
cjal-3321	736	27	.	.	PUNCT
cjal-3321	737	1	when	when	SCONJ
cjal-3321	737	2	intent	intent	ADJ
cjal-3321	737	3	to	to	PART
cjal-3321	737	4	control	control	VERB
cjal-3321	737	5	is	be	AUX
cjal-3321	737	6	disclosed	disclose	VERB
cjal-3321	737	7	early	early	ADV
cjal-3321	737	8	on	on	ADV
cjal-3321	737	9	,	,	PUNCT
cjal-3321	737	10	shareholders	shareholder	NOUN
cjal-3321	737	11	have	have	VERB
cjal-3321	737	12	the	the	DET
cjal-3321	737	13	opportunity	opportunity	NOUN
cjal-3321	737	14	to	to	PART
cjal-3321	737	15	decide	decide	VERB
cjal-3321	737	16	whether	whether	SCONJ
cjal-3321	737	17	to	to	PART
cjal-3321	737	18	tender	tender	VERB
cjal-3321	737	19	or	or	CCONJ
cjal-3321	737	20	keep	keep	VERB
cjal-3321	737	21	their	their	PRON
cjal-3321	737	22	shares	share	NOUN
cjal-3321	737	23	.	.	PUNCT
cjal-3321	737	24	'	'	PUNCT
cjal-3321	738	1	6	6	NUM
cjal-3321	738	2	,	,	PUNCT
cjal-3321	738	3	157	157	NUM
cjal-3321	738	4	kraakman	kraakman	ADJ
cjal-3321	738	5	,	,	PUNCT
cjal-3321	738	6	supra	supra	PROPN
cjal-3321	738	7	note	note	NOUN
cjal-3321	738	8	34	34	NUM
cjal-3321	738	9	,	,	PUNCT
cjal-3321	738	10	at	at	ADP
cjal-3321	738	11	49	49	NUM
cjal-3321	738	12	.	.	PUNCT
cjal-3321	739	1	,	,	PUNCT
cjal-3321	739	2	58	58	NUM
cjal-3321	739	3	see	see	VERB
cjal-3321	739	4	measures	measure	NOUN
cjal-3321	739	5	for	for	ADP
cjal-3321	739	6	administration	administration	NOUN
cjal-3321	739	7	of	of	ADP
cjal-3321	739	8	takeovers	takeover	NOUN
cjal-3321	739	9	,	,	PUNCT
cjal-3321	739	10	supra	supra	PROPN
cjal-3321	739	11	note	note	NOUN
cjal-3321	739	12	6	6	NUM
cjal-3321	739	13	,	,	PUNCT
cjal-3321	739	14	arts	art	NOUN
cjal-3321	739	15	.	.	PUNCT
cjal-3321	740	1	16	16	NUM
cjal-3321	740	2	-	-	SYM
cjal-3321	740	3	17	17	NUM
cjal-3321	740	4	.	.	NOUN
cjal-3321	740	5	1	1	NUM
cjal-3321	740	6	59	59	NUM
cjal-3321	740	7	see	see	VERB
cjal-3321	740	8	supra	supra	PROPN
cjal-3321	740	9	part	part	NOUN
cjal-3321	740	10	i.a.i	i.a.i	ADJ
cjal-3321	740	11	.	.	PUNCT
cjal-3321	741	1	,	,	PUNCT
cjal-3321	741	2	(	(	PUNCT
cjal-3321	741	3	o	o	PROPN
cjal-3321	741	4	sanford	sanford	PROPN
cjal-3321	741	5	grossman	grossman	PROPN
cjal-3321	741	6	&	&	CCONJ
cjal-3321	741	7	oliver	oliver	PROPN
cjal-3321	741	8	hart	hart	PROPN
cjal-3321	741	9	,	,	PUNCT
cjal-3321	741	10	disclosure	disclosure	NOUN
cjal-3321	741	11	laws	law	NOUN
cjal-3321	741	12	and	and	CCONJ
cjal-3321	741	13	takeover	takeover	NOUN
cjal-3321	741	14	bids	bid	NOUN
cjal-3321	741	15	,	,	PUNCT
cjal-3321	741	16	35	35	NUM
cjal-3321	741	17	j.	j.	PROPN
cjal-3321	741	18	fin	fin	PROPN
cjal-3321	741	19	.	.	PUNCT
cjal-3321	742	1	323	323	NUM
cjal-3321	742	2	(	(	PUNCT
cjal-3321	742	3	198o	198o	NUM
cjal-3321	742	4	)	)	PUNCT
cjal-3321	742	5	.	.	PUNCT
cjal-3321	743	1	t61	t61	PROPN
cjal-3321	743	2	kraakman	kraakman	PROPN
cjal-3321	743	3	,	,	PUNCT
cjal-3321	743	4	supra	supra	PROPN
cjal-3321	743	5	note	note	NOUN
cjal-3321	743	6	34	34	NUM
cjal-3321	743	7	,	,	PUNCT
cjal-3321	743	8	at	at	ADP
cjal-3321	743	9	248	248	NUM
cjal-3321	743	10	-	-	SYM
cjal-3321	743	11	49	49	NUM
cjal-3321	743	12	.	.	PUNCT
cjal-3321	744	1	162	162	NUM
cjal-3321	744	2	armour	armour	NOUN
cjal-3321	744	3	&	&	CCONJ
cjal-3321	744	4	skeel	skeel	PROPN
cjal-3321	744	5	,	,	PUNCT
cjal-3321	744	6	supra	supra	PROPN
cjal-3321	744	7	note	note	NOUN
cjal-3321	744	8	2	2	NUM
cjal-3321	744	9	,	,	PUNCT
cjal-3321	744	10	at	at	ADP
cjal-3321	744	11	1755	1755	NUM
cjal-3321	744	12	.	.	PUNCT
cjal-3321	745	1	,	,	PUNCT
cjal-3321	745	2	63	63	NUM
cjal-3321	745	3	i	i	PRON
cjal-3321	745	4	d.	d.	PROPN
cjal-3321	745	5	64	64	NUM
cjal-3321	745	6	kraakman	kraakman	ADJ
cjal-3321	745	7	,	,	PUNCT
cjal-3321	745	8	supra	supra	PROPN
cjal-3321	745	9	note	note	NOUN
cjal-3321	745	10	34	34	NUM
cjal-3321	745	11	,	,	PUNCT
cjal-3321	745	12	at	at	ADP
cjal-3321	745	13	257	257	NUM
cjal-3321	745	14	-	-	SYM
cjal-3321	745	15	59	59	NUM
cjal-3321	745	16	.	.	PUNCT
cjal-3321	746	1	the	the	DET
cjal-3321	746	2	efficacy	efficacy	NOUN
cjal-3321	746	3	of	of	ADP
cjal-3321	746	4	chinese	chinese	ADJ
cjal-3321	746	5	takeover	takeover	NOUN
cjal-3321	746	6	laws	law	NOUN
cjal-3321	746	7	212	212	NUM
cjal-3321	746	8	213	213	NUM
cjal-3321	746	9	columbia	columbia	PROPN
cjal-3321	746	10	journal	journal	PROPN
cjal-3321	746	11	ofasian	ofasian	ADJ
cjal-3321	746	12	law	law	NOUN
cjal-3321	746	13	,	,	PUNCT
cjal-3321	746	14	vol	vol	NOUN
cjal-3321	746	15	.	.	PROPN
cjal-3321	746	16	25	25	NUM
cjal-3321	746	17	,	,	PUNCT
cjal-3321	746	18	no	no	INTJ
cjal-3321	746	19	.	.	NOUN
cjal-3321	746	20	2	2	NUM
cjal-3321	746	21	(	(	PUNCT
cjal-3321	746	22	2012	2012	NUM
cjal-3321	746	23	)	)	PUNCT
cjal-3321	746	24	second	second	ADJ
cjal-3321	746	25	,	,	PUNCT
cjal-3321	746	26	the	the	DET
cjal-3321	746	27	frequency	frequency	NOUN
cjal-3321	746	28	of	of	ADP
cjal-3321	746	29	disclosure	disclosure	NOUN
cjal-3321	746	30	should	should	AUX
cjal-3321	746	31	be	be	AUX
cjal-3321	746	32	reduced	reduce	VERB
cjal-3321	746	33	.	.	PUNCT
cjal-3321	747	1	while	while	SCONJ
cjal-3321	747	2	existing	exist	VERB
cjal-3321	747	3	shareholders	shareholder	NOUN
cjal-3321	747	4	might	might	AUX
cjal-3321	747	5	benefit	benefit	VERB
cjal-3321	747	6	from	from	ADP
cjal-3321	747	7	the	the	DET
cjal-3321	747	8	elimination	elimination	NOUN
cjal-3321	747	9	of	of	ADP
cjal-3321	747	10	coercive	coercive	ADJ
cjal-3321	747	11	bids	bid	NOUN
cjal-3321	747	12	,	,	PUNCT
cjal-3321	747	13	they	they	PRON
cjal-3321	747	14	might	might	AUX
cjal-3321	747	15	suffer	suffer	VERB
cjal-3321	747	16	from	from	ADP
cjal-3321	747	17	over	over	ADP
cjal-3321	747	18	-	-	PUNCT
cjal-3321	747	19	demanding	demand	VERB
cjal-3321	747	20	disclosure	disclosure	NOUN
cjal-3321	747	21	requirements	requirement	NOUN
cjal-3321	747	22	that	that	PRON
cjal-3321	747	23	disincentivize	disincentivize	VERB
cjal-3321	747	24	cash	cash	NOUN
cjal-3321	747	25	tender	tender	NOUN
cjal-3321	747	26	offers	offer	NOUN
cjal-3321	747	27	.	.	PUNCT
cjal-3321	747	28	'	'	PUNCT
cjal-3321	748	1	6	6	NUM
cjal-3321	748	2	,	,	PUNCT
cjal-3321	748	3	in	in	ADP
cjal-3321	748	4	certain	certain	ADJ
cjal-3321	748	5	situations	situation	NOUN
cjal-3321	748	6	,	,	PUNCT
cjal-3321	748	7	the	the	DET
cjal-3321	748	8	disclosure	disclosure	NOUN
cjal-3321	748	9	requirement	requirement	NOUN
cjal-3321	748	10	may	may	AUX
cjal-3321	748	11	be	be	AUX
cjal-3321	748	12	triggered	trigger	VERB
cjal-3321	748	13	six	six	NUM
cjal-3321	748	14	times	time	NOUN
cjal-3321	748	15	with	with	ADP
cjal-3321	748	16	a	a	DET
cjal-3321	748	17	thirteen	thirteen	NUM
cjal-3321	748	18	-	-	PUNCT
cjal-3321	748	19	day	day	NOUN
cjal-3321	748	20	window	window	NOUN
cjal-3321	748	21	period	period	NOUN
cjal-3321	748	22	.	.	PUNCT
cjal-3321	749	1	'66	'66	NUM
cjal-3321	749	2	these	these	DET
cjal-3321	749	3	overly	overly	ADV
cjal-3321	749	4	frequent	frequent	ADJ
cjal-3321	749	5	disclosures	disclosure	NOUN
cjal-3321	749	6	disadvantage	disadvantage	VERB
cjal-3321	749	7	bidders	bidder	NOUN
cjal-3321	749	8	and	and	CCONJ
cjal-3321	749	9	disinterested	disinterested	ADJ
cjal-3321	749	10	investors	investor	NOUN
cjal-3321	749	11	,	,	PUNCT
cjal-3321	749	12	as	as	ADV
cjal-3321	749	13	well	well	ADV
cjal-3321	749	14	as	as	ADP
cjal-3321	749	15	shareholders	shareholder	NOUN
cjal-3321	749	16	.	.	PUNCT
cjal-3321	750	1	for	for	ADP
cjal-3321	750	2	potential	potential	ADJ
cjal-3321	750	3	bidders	bidder	NOUN
cjal-3321	750	4	,	,	PUNCT
cjal-3321	750	5	broadcasting	broadcast	VERB
cjal-3321	750	6	their	their	PRON
cjal-3321	750	7	interest	interest	NOUN
cjal-3321	750	8	to	to	PART
cjal-3321	750	9	acquire	acquire	VERB
cjal-3321	750	10	the	the	DET
cjal-3321	750	11	target	target	NOUN
cjal-3321	750	12	jeopardizes	jeopardize	VERB
cjal-3321	750	13	the	the	DET
cjal-3321	750	14	control	control	NOUN
cjal-3321	750	15	premium	premium	NOUN
cjal-3321	750	16	that	that	SCONJ
cjal-3321	750	17	they	they	PRON
cjal-3321	750	18	would	would	AUX
cjal-3321	750	19	otherwise	otherwise	ADV
cjal-3321	750	20	capture	capture	VERB
cjal-3321	750	21	.	.	PUNCT
cjal-3321	750	22	'	'	PUNCT
cjal-3321	751	1	67	67	NUM
cjal-3321	751	2	for	for	ADP
cjal-3321	751	3	disinterested	disinterested	ADJ
cjal-3321	751	4	investors	investor	NOUN
cjal-3321	751	5	like	like	ADP
cjal-3321	751	6	large	large	ADJ
cjal-3321	751	7	institutions	institution	NOUN
cjal-3321	751	8	,	,	PUNCT
cjal-3321	751	9	burdensome	burdensome	ADJ
cjal-3321	751	10	disclosure	disclosure	NOUN
cjal-3321	751	11	requirements	requirement	NOUN
cjal-3321	751	12	unduly	unduly	ADV
cjal-3321	751	13	expose	expose	VERB
cjal-3321	751	14	their	their	PRON
cjal-3321	751	15	investment	investment	NOUN
cjal-3321	751	16	strategies	strategy	NOUN
cjal-3321	751	17	to	to	ADP
cjal-3321	751	18	the	the	DET
cjal-3321	751	19	public	public	NOUN
cjal-3321	751	20	,	,	PUNCT
cjal-3321	751	21	who	who	PRON
cjal-3321	751	22	might	might	AUX
cjal-3321	751	23	then	then	ADV
cjal-3321	751	24	mimic	mimic	VERB
cjal-3321	751	25	their	their	PRON
cjal-3321	751	26	tactics	tactic	NOUN
cjal-3321	751	27	.	.	PUNCT
cjal-3321	752	1	each	each	DET
cjal-3321	752	2	disclosure	disclosure	NOUN
cjal-3321	752	3	may	may	AUX
cjal-3321	752	4	then	then	ADV
cjal-3321	752	5	result	result	VERB
cjal-3321	752	6	in	in	ADP
cjal-3321	752	7	a	a	DET
cjal-3321	752	8	decreasing	decrease	VERB
cjal-3321	752	9	return	return	NOUN
cjal-3321	752	10	to	to	ADP
cjal-3321	752	11	these	these	DET
cjal-3321	752	12	institutional	institutional	ADJ
cjal-3321	752	13	investors	investor	NOUN
cjal-3321	752	14	.	.	PUNCT
cjal-3321	753	1	for	for	ADP
cjal-3321	753	2	the	the	DET
cjal-3321	753	3	target	target	NOUN
cjal-3321	753	4	's	's	PART
cjal-3321	753	5	shareholders	shareholder	NOUN
cjal-3321	753	6	,	,	PUNCT
cjal-3321	753	7	high	high	ADJ
cjal-3321	753	8	transaction	transaction	NOUN
cjal-3321	753	9	costs	cost	NOUN
cjal-3321	753	10	associated	associate	VERB
cjal-3321	753	11	with	with	ADP
cjal-3321	753	12	the	the	DET
cjal-3321	753	13	excessive	excessive	ADJ
cjal-3321	753	14	disclosure	disclosure	NOUN
cjal-3321	753	15	requirement	requirement	NOUN
cjal-3321	753	16	deters	deter	VERB
cjal-3321	753	17	takeovers	takeover	NOUN
cjal-3321	753	18	,	,	PUNCT
cjal-3321	753	19	which	which	PRON
cjal-3321	753	20	in	in	ADP
cjal-3321	753	21	turn	turn	NOUN
cjal-3321	753	22	leaves	leave	VERB
cjal-3321	753	23	managerial	managerial	ADJ
cjal-3321	753	24	inefficiency	inefficiency	NOUN
cjal-3321	753	25	unchecked	unchecked	ADJ
cjal-3321	753	26	and	and	CCONJ
cjal-3321	753	27	creates	create	VERB
cjal-3321	753	28	an	an	DET
cjal-3321	753	29	overall	overall	ADJ
cjal-3321	753	30	negative	negative	ADJ
cjal-3321	753	31	impact	impact	NOUN
cjal-3321	753	32	on	on	ADP
cjal-3321	753	33	the	the	DET
cjal-3321	753	34	capital	capital	NOUN
cjal-3321	753	35	market	market	NOUN
cjal-3321	753	36	.	.	PUNCT
cjal-3321	753	37	'	'	PUNCT
cjal-3321	754	1	6	6	NUM
cjal-3321	754	2	rather	rather	ADV
cjal-3321	754	3	than	than	ADP
cjal-3321	754	4	demanding	demand	VERB
cjal-3321	754	5	multiple	multiple	ADJ
cjal-3321	754	6	disclosures	disclosure	NOUN
cjal-3321	754	7	,	,	PUNCT
cjal-3321	754	8	a	a	DET
cjal-3321	754	9	one	one	NUM
cjal-3321	754	10	-	-	PUNCT
cjal-3321	754	11	time	time	NOUN
cjal-3321	754	12	disclosure	disclosure	NOUN
cjal-3321	754	13	at	at	ADP
cjal-3321	754	14	the	the	DET
cjal-3321	754	15	5	5	NUM
cjal-3321	754	16	%	%	NOUN
cjal-3321	754	17	mark	mark	NOUN
cjal-3321	754	18	is	be	AUX
cjal-3321	754	19	sufficient	sufficient	ADJ
cjal-3321	754	20	to	to	PART
cjal-3321	754	21	give	give	VERB
cjal-3321	754	22	notice	notice	NOUN
cjal-3321	754	23	to	to	ADP
cjal-3321	754	24	shareholders	shareholder	NOUN
cjal-3321	754	25	of	of	ADP
cjal-3321	754	26	the	the	DET
cjal-3321	754	27	target	target	NOUN
cjal-3321	754	28	company	company	NOUN
cjal-3321	754	29	.	.	PUNCT
cjal-3321	755	1	with	with	ADP
cjal-3321	755	2	the	the	DET
cjal-3321	755	3	development	development	NOUN
cjal-3321	755	4	of	of	ADP
cjal-3321	755	5	rapid	rapid	ADJ
cjal-3321	755	6	information	information	NOUN
cjal-3321	755	7	dissemination	dissemination	NOUN
cjal-3321	755	8	and	and	CCONJ
cjal-3321	755	9	consultant	consultant	NOUN
cjal-3321	755	10	services	service	NOUN
cjal-3321	755	11	,	,	PUNCT
cjal-3321	755	12	even	even	ADV
cjal-3321	755	13	the	the	DET
cjal-3321	755	14	window	window	NOUN
cjal-3321	755	15	period	period	NOUN
cjal-3321	755	16	may	may	AUX
cjal-3321	755	17	be	be	AUX
cjal-3321	755	18	eliminated	eliminate	VERB
cjal-3321	755	19	as	as	ADV
cjal-3321	755	20	well	well	ADV
cjal-3321	755	21	.	.	PUNCT
cjal-3321	756	1	in	in	ADP
cjal-3321	756	2	any	any	DET
cjal-3321	756	3	case	case	NOUN
cjal-3321	756	4	,	,	PUNCT
cjal-3321	756	5	as	as	ADV
cjal-3321	756	6	long	long	ADV
cjal-3321	756	7	as	as	SCONJ
cjal-3321	756	8	the	the	DET
cjal-3321	756	9	one	one	NUM
cjal-3321	756	10	-	-	PUNCT
cjal-3321	756	11	time	time	NOUN
cjal-3321	756	12	intent	intent	NOUN
cjal-3321	756	13	disclosure	disclosure	NOUN
cjal-3321	756	14	is	be	AUX
cjal-3321	756	15	in	in	ADP
cjal-3321	756	16	place	place	NOUN
cjal-3321	756	17	,	,	PUNCT
cjal-3321	756	18	the	the	DET
cjal-3321	756	19	window	window	NOUN
cjal-3321	756	20	period	period	NOUN
cjal-3321	756	21	is	be	AUX
cjal-3321	756	22	no	no	ADV
cjal-3321	756	23	longer	long	ADV
cjal-3321	756	24	a	a	DET
cjal-3321	756	25	major	major	ADJ
cjal-3321	756	26	issue	issue	NOUN
cjal-3321	756	27	.	.	PUNCT
cjal-3321	757	1	third	third	ADJ
cjal-3321	757	2	,	,	PUNCT
cjal-3321	757	3	the	the	DET
cjal-3321	757	4	disclosure	disclosure	NOUN
cjal-3321	757	5	mechanism	mechanism	NOUN
cjal-3321	757	6	should	should	AUX
cjal-3321	757	7	prompt	prompt	VERB
cjal-3321	757	8	secondary	secondary	ADJ
cjal-3321	757	9	disclosure	disclosure	NOUN
cjal-3321	757	10	when	when	SCONJ
cjal-3321	757	11	there	there	PRON
cjal-3321	757	12	is	be	VERB
cjal-3321	757	13	a	a	DET
cjal-3321	757	14	change	change	NOUN
cjal-3321	757	15	from	from	ADP
cjal-3321	757	16	non	non	ADJ
cjal-3321	757	17	-	-	NOUN
cjal-3321	757	18	control	control	NOUN
cjal-3321	757	19	to	to	PART
cjal-3321	757	20	control	control	VERB
cjal-3321	757	21	intent	intent	NOUN
cjal-3321	757	22	after	after	ADP
cjal-3321	757	23	the	the	DET
cjal-3321	757	24	first	first	ADJ
cjal-3321	757	25	5	5	NUM
cjal-3321	757	26	%	%	NOUN
cjal-3321	757	27	disclosure	disclosure	NOUN
cjal-3321	757	28	.	.	PUNCT
cjal-3321	758	1	leaving	leave	VERB
cjal-3321	758	2	this	this	DET
cjal-3321	758	3	possibility	possibility	NOUN
cjal-3321	758	4	unregulated	unregulate	VERB
cjal-3321	758	5	lets	let	VERB
cjal-3321	758	6	a	a	DET
cjal-3321	758	7	purchaser	purchaser	NOUN
cjal-3321	758	8	gain	gain	NOUN
cjal-3321	758	9	control	control	NOUN
cjal-3321	758	10	of	of	ADP
cjal-3321	758	11	the	the	DET
cjal-3321	758	12	target	target	NOUN
cjal-3321	758	13	with	with	ADP
cjal-3321	758	14	its	its	PRON
cjal-3321	758	15	control	control	NOUN
cjal-3321	758	16	intent	intent	NOUN
cjal-3321	758	17	undetected	undetecte	VERB
cjal-3321	758	18	.	.	PUNCT
cjal-3321	759	1	hence	hence	ADV
cjal-3321	759	2	,	,	PUNCT
cjal-3321	759	3	it	it	PRON
cjal-3321	759	4	is	be	AUX
cjal-3321	759	5	important	important	ADJ
cjal-3321	759	6	to	to	PART
cjal-3321	759	7	set	set	VERB
cjal-3321	759	8	a	a	DET
cjal-3321	759	9	flipping	flipping	NOUN
cjal-3321	759	10	point	point	NOUN
cjal-3321	759	11	,	,	PUNCT
cjal-3321	759	12	a	a	DET
cjal-3321	759	13	threshold	threshold	NOUN
cjal-3321	759	14	after	after	ADP
cjal-3321	759	15	which	which	PRON
cjal-3321	759	16	a	a	DET
cjal-3321	759	17	purchaser	purchaser	NOUN
cjal-3321	759	18	may	may	AUX
cjal-3321	759	19	not	not	PART
cjal-3321	759	20	change	change	VERB
cjal-3321	759	21	its	its	PRON
cjal-3321	759	22	intent	intent	NOUN
cjal-3321	759	23	from	from	ADP
cjal-3321	759	24	merely	merely	ADV
cjal-3321	759	25	purchasing	purchase	VERB
cjal-3321	759	26	shares	share	NOUN
cjal-3321	759	27	to	to	ADP
cjal-3321	759	28	acquiring	acquire	VERB
cjal-3321	759	29	control	control	NOUN
cjal-3321	759	30	.	.	PUNCT
cjal-3321	760	1	article	article	NOUN
cjal-3321	760	2	17	17	NUM
cjal-3321	760	3	of	of	ADP
cjal-3321	760	4	the	the	DET
cjal-3321	760	5	measures	measure	NOUN
cjal-3321	760	6	currently	currently	ADV
cjal-3321	760	7	leaves	leave	VERB
cjal-3321	760	8	a	a	DET
cjal-3321	760	9	loophole	loophole	NOUN
cjal-3321	760	10	through	through	ADP
cjal-3321	760	11	which	which	PRON
cjal-3321	760	12	bidders	bidder	NOUN
cjal-3321	760	13	can	can	AUX
cjal-3321	760	14	legally	legally	ADV
cjal-3321	760	15	conceal	conceal	VERB
cjal-3321	760	16	their	their	PRON
cjal-3321	760	17	takeover	takeover	NOUN
cjal-3321	760	18	intent	intent	NOUN
cjal-3321	760	19	.	.	PUNCT
cjal-3321	760	20	'	'	PUNCT
cjal-3321	761	1	69	69	NUM
cjal-3321	761	2	under	under	ADP
cjal-3321	761	3	the	the	DET
cjal-3321	761	4	flipping	flip	VERB
cjal-3321	761	5	point	point	NOUN
cjal-3321	761	6	rule	rule	NOUN
cjal-3321	761	7	proposed	propose	VERB
cjal-3321	761	8	here	here	ADV
cjal-3321	761	9	,	,	PUNCT
cjal-3321	761	10	bidders	bidder	NOUN
cjal-3321	761	11	must	must	AUX
cjal-3321	761	12	either	either	CCONJ
cjal-3321	761	13	disclose	disclose	VERB
cjal-3321	761	14	their	their	PRON
cjal-3321	761	15	change	change	NOUN
cjal-3321	761	16	of	of	ADP
cjal-3321	761	17	intent	intent	NOUN
cjal-3321	761	18	or	or	CCONJ
cjal-3321	761	19	bear	bear	VERB
cjal-3321	761	20	the	the	DET
cjal-3321	761	21	cost	cost	NOUN
cjal-3321	761	22	of	of	ADP
cjal-3321	761	23	non	non	ADJ
cjal-3321	761	24	-	-	NOUN
cjal-3321	761	25	compliance	compliance	NOUN
cjal-3321	761	26	.	.	PUNCT
cjal-3321	762	1	for	for	ADP
cjal-3321	762	2	example	example	NOUN
cjal-3321	762	3	,	,	PUNCT
cjal-3321	762	4	if	if	SCONJ
cjal-3321	762	5	company	company	NOUN
cjal-3321	762	6	a	a	PRON
cjal-3321	762	7	had	have	AUX
cjal-3321	762	8	declared	declare	VERB
cjal-3321	762	9	that	that	SCONJ
cjal-3321	762	10	it	it	PRON
cjal-3321	762	11	had	have	VERB
cjal-3321	762	12	no	no	DET
cjal-3321	762	13	intent	intent	NOUN
cjal-3321	762	14	to	to	PART
cjal-3321	762	15	assume	assume	VERB
cjal-3321	762	16	control	control	NOUN
cjal-3321	762	17	when	when	SCONJ
cjal-3321	762	18	it	it	PRON
cjal-3321	762	19	first	first	ADV
cjal-3321	762	20	acquired	acquire	VERB
cjal-3321	762	21	5	5	NUM
cjal-3321	762	22	%	%	NOUN
cjal-3321	762	23	of	of	ADP
cjal-3321	762	24	company	company	NOUN
cjal-3321	762	25	b	b	PROPN
cjal-3321	762	26	's	's	PART
cjal-3321	762	27	shares	share	NOUN
cjal-3321	762	28	and	and	CCONJ
cjal-3321	762	29	the	the	DET
cjal-3321	762	30	flipping	flipping	NOUN
cjal-3321	762	31	point	point	NOUN
cjal-3321	762	32	were	be	AUX
cjal-3321	762	33	set	set	VERB
cjal-3321	762	34	at	at	ADP
cjal-3321	762	35	20	20	NUM
cjal-3321	762	36	%	%	NOUN
cjal-3321	762	37	,	,	PUNCT
cjal-3321	762	38	then	then	ADV
cjal-3321	762	39	company	company	VERB
cjal-3321	762	40	a	a	PRON
cjal-3321	762	41	would	would	AUX
cjal-3321	762	42	not	not	PART
cjal-3321	762	43	be	be	AUX
cjal-3321	762	44	able	able	ADJ
cjal-3321	762	45	to	to	PART
cjal-3321	762	46	change	change	VERB
cjal-3321	762	47	its	its	PRON
cjal-3321	762	48	position	position	NOUN
cjal-3321	762	49	once	once	SCONJ
cjal-3321	762	50	its	its	PRON
cjal-3321	762	51	stock	stock	NOUN
cjal-3321	762	52	ownership	ownership	NOUN
cjal-3321	762	53	reaches	reach	VERB
cjal-3321	762	54	20	20	NUM
cjal-3321	762	55	%	%	NOUN
cjal-3321	762	56	.	.	PUNCT
cjal-3321	763	1	for	for	ADP
cjal-3321	763	2	situations	situation	NOUN
cjal-3321	763	3	where	where	SCONJ
cjal-3321	763	4	there	there	PRON
cjal-3321	763	5	is	be	VERB
cjal-3321	763	6	no	no	DET
cjal-3321	763	7	intent	intent	NOUN
cjal-3321	763	8	to	to	PART
cjal-3321	763	9	acquire	acquire	VERB
cjal-3321	763	10	control	control	NOUN
cjal-3321	763	11	,	,	PUNCT
cjal-3321	763	12	using	use	VERB
cjal-3321	763	13	a	a	DET
cjal-3321	763	14	flipping	flipping	NOUN
cjal-3321	763	15	point	point	NOUN
cjal-3321	763	16	is	be	AUX
cjal-3321	763	17	better	well	ADJ
cjal-3321	763	18	than	than	ADP
cjal-3321	763	19	requiring	require	VERB
cjal-3321	763	20	multiple	multiple	ADJ
cjal-3321	763	21	,	,	PUNCT
cjal-3321	763	22	65	65	NUM
cjal-3321	763	23	armour	armour	NOUN
cjal-3321	763	24	&	&	CCONJ
cjal-3321	763	25	skeel	skeel	PROPN
cjal-3321	763	26	,	,	PUNCT
cjal-3321	763	27	supra	supra	PROPN
cjal-3321	763	28	note	note	NOUN
cjal-3321	763	29	z	z	NOUN
cjal-3321	763	30	,	,	PUNCT
cjal-3321	763	31	at	at	ADP
cjal-3321	763	32	1755	1755	NUM
cjal-3321	763	33	.	.	PUNCT
cjal-3321	764	1	166	166	NUM
cjal-3321	764	2	see	see	VERB
cjal-3321	764	3	supra	supra	PROPN
cjal-3321	764	4	notes	note	VERB
cjal-3321	764	5	20	20	NUM
cjal-3321	764	6	-	-	SYM
cjal-3321	764	7	22	22	NUM
cjal-3321	764	8	and	and	CCONJ
cjal-3321	764	9	accompanying	accompany	VERB
cjal-3321	764	10	text	text	NOUN
cjal-3321	764	11	.	.	PUNCT
cjal-3321	765	1	'	'	NUM
cjal-3321	765	2	67	67	NUM
cjal-3321	765	3	see	see	VERB
cjal-3321	765	4	supra	supra	PROPN
cjal-3321	765	5	notes	note	VERB
cjal-3321	765	6	20	20	NUM
cjal-3321	765	7	-	-	SYM
cjal-3321	765	8	22	22	NUM
cjal-3321	765	9	and	and	CCONJ
cjal-3321	765	10	accompanying	accompany	VERB
cjal-3321	765	11	text	text	NOUN
cjal-3321	765	12	.	.	PUNCT
cjal-3321	766	1	168	168	NUM
cjal-3321	766	2	grossman	grossman	PROPN
cjal-3321	766	3	&	&	CCONJ
cjal-3321	766	4	hart	hart	PROPN
cjal-3321	766	5	,	,	PUNCT
cjal-3321	766	6	supra	supra	PROPN
cjal-3321	766	7	note	note	PROPN
cjal-3321	766	8	16o	16o	PROPN
cjal-3321	766	9	,	,	PUNCT
cjal-3321	766	10	at	at	ADP
cjal-3321	766	11	323	323	NUM
cjal-3321	766	12	.	.	PUNCT
cjal-3321	766	13	,	,	PUNCT
cjal-3321	766	14	69	69	NUM
cjal-3321	766	15	article	article	NOUN
cjal-3321	766	16	17	17	NUM
cjal-3321	766	17	states	state	NOUN
cjal-3321	766	18	:	:	PUNCT
cjal-3321	766	19	"	"	PUNCT
cjal-3321	766	20	if	if	SCONJ
cjal-3321	766	21	the	the	DET
cjal-3321	766	22	shares	share	NOUN
cjal-3321	766	23	whose	whose	DET
cjal-3321	766	24	entitlements	entitlement	NOUN
cjal-3321	766	25	are	be	AUX
cjal-3321	766	26	held	hold	VERB
cjal-3321	766	27	by	by	ADP
cjal-3321	766	28	an	an	DET
cjal-3321	766	29	investor	investor	NOUN
cjal-3321	766	30	and	and	CCONJ
cjal-3321	766	31	its	its	PRON
cjal-3321	766	32	concerted	concerted	ADJ
cjal-3321	766	33	parties	party	NOUN
cjal-3321	766	34	reach	reach	VERB
cjal-3321	766	35	or	or	CCONJ
cjal-3321	766	36	exceed	exceed	VERB
cjal-3321	766	37	20	20	NUM
cjal-3321	766	38	%	%	NOUN
cjal-3321	766	39	but	but	CCONJ
cjal-3321	766	40	do	do	AUX
cjal-3321	766	41	not	not	PART
cjal-3321	766	42	exceed	exceed	VERB
cjal-3321	766	43	30	30	NUM
cjal-3321	766	44	%	%	NOUN
cjal-3321	766	45	of	of	ADP
cjal-3321	766	46	the	the	DET
cjal-3321	766	47	issued	issue	VERB
cjal-3321	766	48	shares	share	NOUN
cjal-3321	766	49	of	of	ADP
cjal-3321	766	50	the	the	DET
cjal-3321	766	51	listed	list	VERB
cjal-3321	766	52	company	company	NOUN
cjal-3321	766	53	,	,	PUNCT
cjal-3321	766	54	"	"	PUNCT
cjal-3321	766	55	the	the	DET
cjal-3321	766	56	investor	investor	NOUN
cjal-3321	766	57	shall	shall	AUX
cjal-3321	766	58	disclose	disclose	VERB
cjal-3321	766	59	future	future	ADJ
cjal-3321	766	60	reorganization	reorganization	NOUN
cjal-3321	766	61	and	and	CCONJ
cjal-3321	766	62	stewardship	stewardship	NOUN
cjal-3321	766	63	plans	plan	NOUN
cjal-3321	766	64	.	.	PUNCT
cjal-3321	767	1	this	this	PRON
cjal-3321	767	2	imposes	impose	VERB
cjal-3321	767	3	a	a	DET
cjal-3321	767	4	cap	cap	NOUN
cjal-3321	767	5	at	at	ADP
cjal-3321	767	6	30	30	NUM
cjal-3321	767	7	%	%	NOUN
cjal-3321	767	8	and	and	CCONJ
cjal-3321	767	9	presumes	presume	VERB
cjal-3321	767	10	that	that	SCONJ
cjal-3321	767	11	the	the	DET
cjal-3321	767	12	purchaser	purchaser	NOUN
cjal-3321	767	13	has	have	VERB
cjal-3321	767	14	control	control	NOUN
cjal-3321	767	15	intent	intent	NOUN
cjal-3321	767	16	if	if	SCONJ
cjal-3321	767	17	its	its	PRON
cjal-3321	767	18	ownership	ownership	NOUN
cjal-3321	767	19	exceeds	exceed	VERB
cjal-3321	767	20	that	that	DET
cjal-3321	767	21	cap	cap	NOUN
cjal-3321	767	22	.	.	PUNCT
cjal-3321	768	1	see	see	VERB
cjal-3321	768	2	measures	measure	NOUN
cjal-3321	768	3	for	for	ADP
cjal-3321	768	4	administration	administration	NOUN
cjal-3321	768	5	of	of	ADP
cjal-3321	768	6	takeovers	takeover	NOUN
cjal-3321	768	7	,	,	PUNCT
cjal-3321	768	8	supra	supra	PROPN
cjal-3321	768	9	note	note	NOUN
cjal-3321	768	10	6	6	NUM
cjal-3321	768	11	,	,	PUNCT
cjal-3321	768	12	art	art	NOUN
cjal-3321	768	13	.	.	PUNCT
cjal-3321	769	1	17	17	NUM
cjal-3321	769	2	.	.	PUNCT
cjal-3321	770	1	the	the	DET
cjal-3321	770	2	efficacy	efficacy	NOUN
cjal-3321	770	3	of	of	ADP
cjal-3321	770	4	chinese	chinese	ADJ
cjal-3321	770	5	takeover	takeover	NOUN
cjal-3321	770	6	laws	law	NOUN
cjal-3321	770	7	214	214	NUM
cjal-3321	770	8	disclosures	disclosure	NOUN
cjal-3321	770	9	-	-	PUNCT
cjal-3321	770	10	it	it	PRON
cjal-3321	770	11	avoids	avoid	VERB
cjal-3321	770	12	the	the	DET
cjal-3321	770	13	unnecessary	unnecessary	ADJ
cjal-3321	770	14	repetitive	repetitive	ADJ
cjal-3321	770	15	disclosures	disclosure	NOUN
cjal-3321	770	16	.	.	PUNCT
cjal-3321	771	1	and	and	CCONJ
cjal-3321	771	2	in	in	ADP
cjal-3321	771	3	cases	case	NOUN
cjal-3321	771	4	where	where	SCONJ
cjal-3321	771	5	a	a	DET
cjal-3321	771	6	purchaser	purchaser	NOUN
cjal-3321	771	7	wishes	wish	VERB
cjal-3321	771	8	to	to	PART
cjal-3321	771	9	switch	switch	VERB
cjal-3321	771	10	from	from	ADP
cjal-3321	771	11	non	non	ADJ
cjal-3321	771	12	-	-	NOUN
cjal-3321	771	13	control	control	NOUN
cjal-3321	771	14	to	to	PART
cjal-3321	771	15	control	control	VERB
cjal-3321	771	16	intent	intent	NOUN
cjal-3321	771	17	,	,	PUNCT
cjal-3321	771	18	a	a	DET
cjal-3321	771	19	window	window	NOUN
cjal-3321	771	20	period	period	NOUN
cjal-3321	771	21	would	would	AUX
cjal-3321	771	22	be	be	AUX
cjal-3321	771	23	triggered	trigger	VERB
cjal-3321	771	24	to	to	PART
cjal-3321	771	25	allow	allow	VERB
cjal-3321	771	26	the	the	DET
cjal-3321	771	27	target	target	NOUN
cjal-3321	771	28	and	and	CCONJ
cjal-3321	771	29	the	the	DET
cjal-3321	771	30	target	target	NOUN
cjal-3321	771	31	digest	digest	VERB
cjal-3321	771	32	this	this	DET
cjal-3321	771	33	new	new	ADJ
cjal-3321	771	34	information	information	NOUN
cjal-3321	771	35	.	.	PUNCT
cjal-3321	772	1	considering	consider	VERB
cjal-3321	772	2	that	that	SCONJ
cjal-3321	772	3	chinese	chinese	ADJ
cjal-3321	772	4	listed	list	VERB
cjal-3321	772	5	companies	company	NOUN
cjal-3321	772	6	are	be	AUX
cjal-3321	772	7	generally	generally	ADV
cjal-3321	772	8	smaller	small	ADJ
cjal-3321	772	9	than	than	ADP
cjal-3321	772	10	their	their	PRON
cjal-3321	772	11	american	american	ADJ
cjal-3321	772	12	counterparts	counterpart	NOUN
cjal-3321	772	13	,	,	PUNCT
cjal-3321	772	14	it	it	PRON
cjal-3321	772	15	would	would	AUX
cjal-3321	772	16	be	be	AUX
cjal-3321	772	17	reasonable	reasonable	ADJ
cjal-3321	772	18	to	to	PART
cjal-3321	772	19	limit	limit	VERB
cjal-3321	772	20	the	the	DET
cjal-3321	772	21	change	change	NOUN
cjal-3321	772	22	of	of	ADP
cjal-3321	772	23	purchase	purchase	NOUN
cjal-3321	772	24	intent	intent	NOUN
cjal-3321	772	25	within	within	ADP
cjal-3321	772	26	the	the	DET
cjal-3321	772	27	range	range	NOUN
cjal-3321	772	28	of	of	ADP
cjal-3321	772	29	acquiring	acquire	VERB
cjal-3321	772	30	20	20	NUM
cjal-3321	772	31	to	to	PART
cjal-3321	772	32	30	30	NUM
cjal-3321	772	33	%	%	NOUN
cjal-3321	772	34	of	of	ADP
cjal-3321	772	35	outstanding	outstanding	ADJ
cjal-3321	772	36	shares	share	NOUN
cjal-3321	772	37	.	.	PUNCT
cjal-3321	773	1	70	70	NUM
cjal-3321	773	2	while	while	SCONJ
cjal-3321	773	3	the	the	DET
cjal-3321	773	4	flipping	flipping	NOUN
cjal-3321	773	5	mechanism	mechanism	NOUN
cjal-3321	773	6	proposed	propose	VERB
cjal-3321	773	7	here	here	ADV
cjal-3321	773	8	is	be	AUX
cjal-3321	773	9	substantially	substantially	ADV
cjal-3321	773	10	different	different	ADJ
cjal-3321	773	11	from	from	ADP
cjal-3321	773	12	the	the	DET
cjal-3321	773	13	procedures	procedure	NOUN
cjal-3321	773	14	required	require	VERB
cjal-3321	773	15	by	by	ADP
cjal-3321	773	16	article	article	NOUN
cjal-3321	773	17	17	17	NUM
cjal-3321	773	18	,	,	PUNCT
cjal-3321	773	19	it	it	PRON
cjal-3321	773	20	would	would	AUX
cjal-3321	773	21	have	have	VERB
cjal-3321	773	22	a	a	DET
cjal-3321	773	23	similar	similar	ADJ
cjal-3321	773	24	percentage	percentage	NOUN
cjal-3321	773	25	ownership	ownership	NOUN
cjal-3321	773	26	cap	cap	NOUN
cjal-3321	773	27	.	.	PUNCT
cjal-3321	774	1	'7	'7	PROPN
cjal-3321	774	2	'	'	PART
cjal-3321	775	1	2	2	NUM
cjal-3321	775	2	.	.	PUNCT
cjal-3321	775	3	an	an	DET
cjal-3321	775	4	opt	opt	VERB
cjal-3321	775	5	-	-	PUNCT
cjal-3321	775	6	out	out	ADP
cjal-3321	775	7	mandatory	mandatory	ADJ
cjal-3321	775	8	bid	bid	NOUN
cjal-3321	775	9	rule	rule	NOUN
cjal-3321	775	10	according	accord	VERB
cjal-3321	775	11	to	to	ADP
cjal-3321	775	12	the	the	DET
cjal-3321	775	13	securities	security	NOUN
cjal-3321	775	14	law	law	NOUN
cjal-3321	775	15	,	,	PUNCT
cjal-3321	775	16	the	the	DET
cjal-3321	775	17	mandatory	mandatory	ADJ
cjal-3321	775	18	bid	bid	NOUN
cjal-3321	775	19	rule	rule	NOUN
cjal-3321	775	20	may	may	AUX
cjal-3321	775	21	not	not	PART
cjal-3321	775	22	be	be	AUX
cjal-3321	775	23	waived	waive	VERB
cjal-3321	775	24	by	by	ADP
cjal-3321	775	25	shareholder	shareholder	NOUN
cjal-3321	775	26	votes	vote	NOUN
cjal-3321	775	27	.	.	PUNCT
cjal-3321	776	1	this	this	PRON
cjal-3321	776	2	allows	allow	VERB
cjal-3321	776	3	shareholders	shareholder	NOUN
cjal-3321	776	4	a	a	DET
cjal-3321	776	5	share	share	NOUN
cjal-3321	776	6	of	of	ADP
cjal-3321	776	7	the	the	DET
cjal-3321	776	8	control	control	NOUN
cjal-3321	776	9	premium	premium	NOUN
cjal-3321	776	10	that	that	PRON
cjal-3321	776	11	the	the	DET
cjal-3321	776	12	controlling	control	VERB
cjal-3321	776	13	shareholder	shareholder	NOUN
cjal-3321	776	14	receives	receive	VERB
cjal-3321	776	15	after	after	ADP
cjal-3321	776	16	selling	sell	VERB
cjal-3321	776	17	out	out	ADP
cjal-3321	776	18	and	and	CCONJ
cjal-3321	776	19	relinquishing	relinquish	VERB
cjal-3321	776	20	control.1	control.1	PROPN
cjal-3321	776	21	7	7	NUM
cjal-3321	776	22	'	'	PUNCT
cjal-3321	776	23	notwithstanding	notwithstanding	ADP
cjal-3321	776	24	this	this	DET
cjal-3321	776	25	intended	intend	VERB
cjal-3321	776	26	purpose	purpose	NOUN
cjal-3321	776	27	,	,	PUNCT
cjal-3321	776	28	however	however	ADV
cjal-3321	776	29	,	,	PUNCT
cjal-3321	776	30	some	some	DET
cjal-3321	776	31	scholarship	scholarship	NOUN
cjal-3321	776	32	has	have	AUX
cjal-3321	776	33	doubted	doubt	VERB
cjal-3321	776	34	whether	whether	SCONJ
cjal-3321	776	35	the	the	DET
cjal-3321	776	36	shareholders	shareholder	NOUN
cjal-3321	776	37	are	be	AUX
cjal-3321	776	38	indeed	indeed	ADV
cjal-3321	776	39	better	well	ADJ
cjal-3321	776	40	off	off	ADP
cjal-3321	776	41	with	with	ADP
cjal-3321	776	42	a	a	DET
cjal-3321	776	43	mandatory	mandatory	ADJ
cjal-3321	776	44	bid	bid	NOUN
cjal-3321	776	45	rule	rule	NOUN
cjal-3321	776	46	.	.	PUNCT
cjal-3321	777	1	"	"	PUNCT
cjal-3321	777	2	7	7	NUM
cjal-3321	777	3	first	first	ADV
cjal-3321	777	4	,	,	PUNCT
cjal-3321	777	5	the	the	DET
cjal-3321	777	6	rule	rule	NOUN
cjal-3321	777	7	imposes	impose	VERB
cjal-3321	777	8	greater	great	ADJ
cjal-3321	777	9	capital	capital	NOUN
cjal-3321	777	10	requirements	requirement	NOUN
cjal-3321	777	11	on	on	ADP
cjal-3321	777	12	a	a	DET
cjal-3321	777	13	bidder	bidder	NOUN
cjal-3321	777	14	wishing	wish	VERB
cjal-3321	777	15	to	to	PART
cjal-3321	777	16	acquire	acquire	VERB
cjal-3321	777	17	control	control	NOUN
cjal-3321	777	18	rights	right	NOUN
cjal-3321	777	19	.	.	PUNCT
cjal-3321	778	1	'74	'74	NUM
cjal-3321	778	2	without	without	ADP
cjal-3321	778	3	the	the	DET
cjal-3321	778	4	rule	rule	NOUN
cjal-3321	778	5	,	,	PUNCT
cjal-3321	778	6	if	if	SCONJ
cjal-3321	778	7	a	a	DET
cjal-3321	778	8	bidder	bidder	NOUN
cjal-3321	778	9	intends	intend	VERB
cjal-3321	778	10	to	to	PART
cjal-3321	778	11	acquire	acquire	VERB
cjal-3321	778	12	a	a	DET
cjal-3321	778	13	company	company	NOUN
cjal-3321	778	14	with	with	ADP
cjal-3321	778	15	a	a	DET
cjal-3321	778	16	total	total	NOUN
cjal-3321	778	17	of	of	ADP
cjal-3321	778	18	i	i	PRON
cjal-3321	778	19	,	,	PUNCT
cjal-3321	778	20	ooo	ooo	INTJ
cjal-3321	778	21	shares	share	NOUN
cjal-3321	778	22	at	at	ADP
cjal-3321	778	23	$	$	SYM
cjal-3321	778	24	i	i	PRON
cjal-3321	778	25	per	per	ADP
cjal-3321	778	26	share	share	NOUN
cjal-3321	778	27	,	,	PUNCT
cjal-3321	778	28	the	the	DET
cjal-3321	778	29	bidder	bidder	NOUN
cjal-3321	778	30	will	will	AUX
cjal-3321	778	31	probably	probably	ADV
cjal-3321	778	32	need	need	VERB
cjal-3321	778	33	only	only	ADV
cjal-3321	778	34	$	$	SYM
cjal-3321	778	35	501	501	NUM
cjal-3321	778	36	to	to	PART
cjal-3321	778	37	accomplish	accomplish	VERB
cjal-3321	778	38	the	the	DET
cjal-3321	778	39	absolute	absolute	ADJ
cjal-3321	778	40	control	control	NOUN
cjal-3321	778	41	transfer	transfer	NOUN
cjal-3321	778	42	.	.	PUNCT
cjal-3321	779	1	but	but	CCONJ
cjal-3321	779	2	under	under	ADP
cjal-3321	779	3	the	the	DET
cjal-3321	779	4	mandatory	mandatory	ADJ
cjal-3321	779	5	bid	bid	NOUN
cjal-3321	779	6	rule	rule	NOUN
cjal-3321	779	7	,	,	PUNCT
cjal-3321	779	8	the	the	DET
cjal-3321	779	9	bidder	bidder	NOUN
cjal-3321	779	10	may	may	AUX
cjal-3321	779	11	need	need	VERB
cjal-3321	779	12	up	up	ADP
cjal-3321	779	13	to	to	ADP
cjal-3321	779	14	si	si	NOUN
cjal-3321	779	15	,	,	PUNCT
cjal-3321	779	16	ooo	ooo	INTJ
cjal-3321	779	17	to	to	PART
cjal-3321	779	18	acquire	acquire	VERB
cjal-3321	779	19	control	control	NOUN
cjal-3321	779	20	if	if	SCONJ
cjal-3321	779	21	minority	minority	NOUN
cjal-3321	779	22	shareholders	shareholder	NOUN
cjal-3321	779	23	decide	decide	VERB
cjal-3321	779	24	to	to	PART
cjal-3321	779	25	tender	tender	VERB
cjal-3321	779	26	their	their	PRON
cjal-3321	779	27	shares	share	NOUN
cjal-3321	779	28	.	.	PUNCT
cjal-3321	780	1	this	this	PRON
cjal-3321	780	2	may	may	AUX
cjal-3321	780	3	discourage	discourage	VERB
cjal-3321	780	4	potential	potential	ADJ
cjal-3321	780	5	takeover	takeover	NOUN
cjal-3321	780	6	bidders	bidder	NOUN
cjal-3321	780	7	from	from	ADP
cjal-3321	780	8	participating	participate	VERB
cjal-3321	780	9	in	in	ADP
cjal-3321	780	10	the	the	DET
cjal-3321	780	11	market	market	NOUN
cjal-3321	780	12	.	.	PUNCT
cjal-3321	781	1	second	second	ADV
cjal-3321	781	2	,	,	PUNCT
cjal-3321	781	3	the	the	DET
cjal-3321	781	4	rule	rule	NOUN
cjal-3321	781	5	drives	drive	VERB
cjal-3321	781	6	down	down	ADP
cjal-3321	781	7	the	the	DET
cjal-3321	781	8	return	return	NOUN
cjal-3321	781	9	for	for	ADP
cjal-3321	781	10	shareholders	shareholder	NOUN
cjal-3321	781	11	tendering	tender	VERB
cjal-3321	781	12	their	their	PRON
cjal-3321	781	13	shares	share	NOUN
cjal-3321	781	14	.	.	PUNCT
cjal-3321	782	1	to	to	PART
cjal-3321	782	2	compensate	compensate	VERB
cjal-3321	782	3	for	for	ADP
cjal-3321	782	4	the	the	DET
cjal-3321	782	5	potentially	potentially	ADV
cjal-3321	782	6	greater	great	ADJ
cjal-3321	782	7	takeover	takeover	NOUN
cjal-3321	782	8	cost	cost	NOUN
cjal-3321	782	9	,	,	PUNCT
cjal-3321	782	10	a	a	DET
cjal-3321	782	11	bidder	bidder	NOUN
cjal-3321	782	12	must	must	AUX
cjal-3321	782	13	lower	lower	VERB
cjal-3321	782	14	the	the	DET
cjal-3321	782	15	initial	initial	ADJ
cjal-3321	782	16	offer	offer	NOUN
cjal-3321	782	17	price	price	NOUN
cjal-3321	782	18	.	.	PUNCT
cjal-3321	782	19	'7	'7	ADJ
cjal-3321	782	20	5	5	NUM
cjal-3321	782	21	assuming	assume	VERB
cjal-3321	782	22	that	that	SCONJ
cjal-3321	782	23	the	the	DET
cjal-3321	782	24	takeover	takeover	NOUN
cjal-3321	782	25	premium	premium	NOUN
cjal-3321	782	26	-	-	PUNCT
cjal-3321	782	27	i.e.	i.e.	X
cjal-3321	782	28	,	,	PUNCT
cjal-3321	782	29	the	the	DET
cjal-3321	782	30	actual	actual	ADJ
cjal-3321	782	31	value	value	NOUN
cjal-3321	782	32	of	of	ADP
cjal-3321	782	33	the	the	DET
cjal-3321	782	34	firm	firm	NOUN
cjal-3321	782	35	and	and	CCONJ
cjal-3321	782	36	the	the	DET
cjal-3321	782	37	cost	cost	NOUN
cjal-3321	782	38	of	of	ADP
cjal-3321	782	39	the	the	DET
cjal-3321	782	40	acquisition	acquisition	NOUN
cjal-3321	782	41	-	-	PUNCT
cjal-3321	782	42	is	be	AUX
cjal-3321	782	43	a	a	DET
cjal-3321	782	44	fixed	fixed	ADJ
cjal-3321	782	45	number	number	NOUN
cjal-3321	782	46	,	,	PUNCT
cjal-3321	782	47	the	the	DET
cjal-3321	782	48	possibility	possibility	NOUN
cjal-3321	782	49	of	of	ADP
cjal-3321	782	50	higher	high	ADJ
cjal-3321	782	51	takeover	takeover	NOUN
cjal-3321	782	52	costs	cost	NOUN
cjal-3321	782	53	forces	force	VERB
cjal-3321	782	54	the	the	DET
cjal-3321	782	55	bidder	bidder	NOUN
cjal-3321	782	56	to	to	PART
cjal-3321	782	57	offer	offer	VERB
cjal-3321	782	58	fewer	few	ADJ
cjal-3321	782	59	premiums	premium	NOUN
cjal-3321	782	60	to	to	PART
cjal-3321	782	61	achieve	achieve	VERB
cjal-3321	782	62	the	the	DET
cjal-3321	782	63	regular	regular	ADJ
cjal-3321	782	64	control	control	NOUN
cjal-3321	782	65	premium	premium	NOUN
cjal-3321	782	66	.	.	PUNCT
cjal-3321	783	1	this	this	DET
cjal-3321	783	2	loss	loss	NOUN
cjal-3321	783	3	is	be	AUX
cjal-3321	783	4	borne	bear	VERB
cjal-3321	783	5	by	by	ADP
cjal-3321	783	6	both	both	CCONJ
cjal-3321	783	7	the	the	DET
cjal-3321	783	8	controlling	controlling	NOUN
cjal-3321	783	9	and	and	CCONJ
cjal-3321	783	10	minority	minority	NOUN
cjal-3321	783	11	shareholders	shareholder	NOUN
cjal-3321	783	12	,	,	PUNCT
cjal-3321	783	13	who	who	PRON
cjal-3321	783	14	may	may	AUX
cjal-3321	783	15	or	or	CCONJ
cjal-3321	783	16	may	may	AUX
cjal-3321	783	17	not	not	PART
cjal-3321	783	18	be	be	AUX
cjal-3321	783	19	entirely	entirely	ADV
cjal-3321	783	20	compensated	compensate	VERB
cjal-3321	783	21	by	by	ADP
cjal-3321	783	22	the	the	DET
cjal-3321	783	23	control	control	NOUN
cjal-3321	783	24	premium	premium	NOUN
cjal-3321	783	25	.	.	PUNCT
cjal-3321	784	1	admittedly	admittedly	ADV
cjal-3321	784	2	,	,	PUNCT
cjal-3321	784	3	it	it	PRON
cjal-3321	784	4	is	be	AUX
cjal-3321	784	5	difficult	difficult	ADJ
cjal-3321	784	6	to	to	PART
cjal-3321	784	7	quantify	quantify	VERB
cjal-3321	784	8	the	the	DET
cjal-3321	784	9	actual	actual	ADJ
cjal-3321	784	10	loss	loss	NOUN
cjal-3321	784	11	created	create	VERB
cjal-3321	784	12	by	by	ADP
cjal-3321	784	13	the	the	DET
cjal-3321	784	14	mandatory	mandatory	ADJ
cjal-3321	784	15	bid	bid	NOUN
cjal-3321	784	16	rule	rule	NOUN
cjal-3321	784	17	.	.	PUNCT
cjal-3321	785	1	there	there	PRON
cjal-3321	785	2	is	be	VERB
cjal-3321	785	3	no	no	DET
cjal-3321	785	4	research	research	NOUN
cjal-3321	785	5	so	so	ADV
cjal-3321	785	6	far	far	ADV
cjal-3321	785	7	that	that	SCONJ
cjal-3321	785	8	offers	offer	VERB
cjal-3321	785	9	accuracy	accuracy	NOUN
cjal-3321	785	10	in	in	ADP
cjal-3321	785	11	70	70	NUM
cjal-3321	785	12	according	accord	VERB
cjal-3321	785	13	to	to	ADP
cjal-3321	785	14	the	the	DET
cjal-3321	785	15	u.s	u.s	PROPN
cjal-3321	785	16	.	.	PROPN
cjal-3321	785	17	securities	security	NOUN
cjal-3321	785	18	regulations	regulation	NOUN
cjal-3321	785	19	,	,	PUNCT
cjal-3321	785	20	the	the	DET
cjal-3321	785	21	cap	cap	NOUN
cjal-3321	785	22	on	on	ADP
cjal-3321	785	23	non	non	ADJ
cjal-3321	785	24	-	-	ADJ
cjal-3321	785	25	control	control	ADJ
cjal-3321	785	26	intent	intent	NOUN
cjal-3321	785	27	disclosure	disclosure	NOUN
cjal-3321	785	28	is	be	AUX
cjal-3321	785	29	2o%	2o%	PRON
cjal-3321	785	30	.	.	PUNCT
cjal-3321	786	1	see	see	VERB
cjal-3321	786	2	17	17	NUM
cjal-3321	786	3	c.f.r	c.f.r	NOUN
cjal-3321	786	4	.	.	PUNCT
cjal-3321	787	1	§	§	PROPN
cjal-3321	787	2	24	24	NUM
cjal-3321	787	3	0.13d-1	0.13d-1	NOUN
cjal-3321	787	4	(	(	PUNCT
cjal-3321	787	5	2010	2010	NUM
cjal-3321	787	6	)	)	PUNCT
cjal-3321	787	7	.	.	PUNCT
cjal-3321	788	1	"	"	PUNCT
cjal-3321	788	2	'	'	PUNCT
cjal-3321	788	3	see	see	VERB
cjal-3321	788	4	supra	supra	PROPN
cjal-3321	788	5	note	note	PROPN
cjal-3321	788	6	169	169	NUM
cjal-3321	788	7	.	.	PUNCT
cjal-3321	789	1	'	'	NUM
cjal-3321	789	2	72	72	NUM
cjal-3321	789	3	jeffery	jeffery	PROPN
cjal-3321	789	4	gordon	gordon	PROPN
cjal-3321	789	5	,	,	PUNCT
cjal-3321	789	6	the	the	DET
cjal-3321	789	7	mandatory	mandatory	ADJ
cjal-3321	789	8	structure	structure	NOUN
cjal-3321	789	9	of	of	ADP
cjal-3321	789	10	corporate	corporate	ADJ
cjal-3321	789	11	law	law	NOUN
cjal-3321	789	12	,	,	PUNCT
cjal-3321	789	13	89	89	NUM
cjal-3321	789	14	colum	colum	NOUN
cjal-3321	789	15	.	.	PUNCT
cjal-3321	790	1	l.	l.	PROPN
cjal-3321	790	2	rev	rev	PROPN
cjal-3321	790	3	.	.	PROPN
cjal-3321	790	4	1549	1549	NUM
cjal-3321	790	5	,	,	PUNCT
cjal-3321	790	6	1597	1597	NUM
cjal-3321	790	7	(	(	PUNCT
cjal-3321	790	8	1989	1989	NUM
cjal-3321	790	9	)	)	PUNCT
cjal-3321	790	10	;	;	PUNCT
cjal-3321	790	11	eaborn	eaborn	VERB
cjal-3321	790	12	,	,	PUNCT
cjal-3321	790	13	supra	supra	ADJ
cjal-3321	790	14	note	note	NOUN
cjal-3321	790	15	141	141	NUM
cjal-3321	790	16	,	,	PUNCT
cjal-3321	790	17	at	at	ADP
cjal-3321	790	18	132	132	NUM
cjal-3321	790	19	-	-	SYM
cjal-3321	790	20	33	33	NUM
cjal-3321	790	21	.	.	PUNCT
cjal-3321	791	1	see	see	VERB
cjal-3321	791	2	also	also	ADV
cjal-3321	791	3	kraakman	kraakman	ADJ
cjal-3321	791	4	,	,	PUNCT
cjal-3321	791	5	supra	supra	PROPN
cjal-3321	791	6	note	note	NOUN
cjal-3321	791	7	34	34	NUM
cjal-3321	791	8	,	,	PUNCT
cjal-3321	791	9	at	at	ADP
cjal-3321	791	10	25759	25759	NUM
cjal-3321	791	11	.	.	PUNCT
cjal-3321	792	1	'	'	PUNCT
cjal-3321	792	2	73	73	NUM
cjal-3321	792	3	see	see	VERB
cjal-3321	792	4	,	,	PUNCT
cjal-3321	792	5	e.g.	e.g.	ADV
cjal-3321	792	6	,	,	PUNCT
cjal-3321	792	7	kraakman	kraakman	ADJ
cjal-3321	792	8	,	,	PUNCT
cjal-3321	792	9	supra	supra	PROPN
cjal-3321	792	10	note	note	NOUN
cjal-3321	792	11	34	34	NUM
cjal-3321	792	12	,	,	PUNCT
cjal-3321	792	13	at	at	ADP
cjal-3321	792	14	257	257	NUM
cjal-3321	792	15	-	-	SYM
cjal-3321	792	16	59	59	NUM
cjal-3321	792	17	;	;	PUNCT
cjal-3321	792	18	bergl6f	bergl6f	PROPN
cjal-3321	792	19	&	&	CCONJ
cjal-3321	792	20	burkart	burkart	PROPN
cjal-3321	792	21	,	,	PUNCT
cjal-3321	792	22	supra	supra	PROPN
cjal-3321	792	23	note	note	PROPN
cjal-3321	792	24	142	142	NUM
cjal-3321	792	25	,	,	PUNCT
cjal-3321	792	26	at	at	ADP
cjal-3321	792	27	196	196	NUM
cjal-3321	792	28	-	-	SYM
cjal-3321	792	29	98	98	NUM
cjal-3321	792	30	;	;	PUNCT
cjal-3321	792	31	d.	d.	PROPN
cjal-3321	792	32	d.	d.	PROPN
cjal-3321	792	33	prentice	prentice	PROPN
cjal-3321	792	34	,	,	PUNCT
cjal-3321	792	35	supra	supra	PROPN
cjal-3321	792	36	note	note	PROPN
cjal-3321	792	37	142	142	NUM
cjal-3321	792	38	,	,	PUNCT
cjal-3321	792	39	at	at	ADP
cjal-3321	792	40	409	409	NUM
cjal-3321	792	41	;	;	PUNCT
cjal-3321	792	42	armour	armour	NOUN
cjal-3321	792	43	&	&	CCONJ
cjal-3321	792	44	skeel	skeel	PROPN
cjal-3321	792	45	,	,	PUNCT
cjal-3321	792	46	supra	supra	PROPN
cjal-3321	792	47	note	note	NOUN
cjal-3321	792	48	2	2	NUM
cjal-3321	792	49	,	,	PUNCT
cjal-3321	792	50	at	at	ADP
cjal-3321	792	51	1738	1738	NUM
cjal-3321	792	52	.	.	PUNCT
cjal-3321	793	1	'	'	PUNCT
cjal-3321	793	2	74	74	NUM
cjal-3321	793	3	armour	armour	NOUN
cjal-3321	793	4	&	&	CCONJ
cjal-3321	793	5	skeel	skeel	PROPN
cjal-3321	793	6	,	,	PUNCT
cjal-3321	793	7	supra	supra	PROPN
cjal-3321	793	8	note	note	NOUN
cjal-3321	793	9	2	2	NUM
cjal-3321	793	10	,	,	PUNCT
cjal-3321	793	11	at	at	ADP
cjal-3321	793	12	1738	1738	NUM
cjal-3321	793	13	.	.	PUNCT
cjal-3321	794	1	175	175	NUM
cjal-3321	794	2	kraakman	kraakman	ADJ
cjal-3321	794	3	,	,	PUNCT
cjal-3321	794	4	supra	supra	PROPN
cjal-3321	794	5	note	note	NOUN
cjal-3321	794	6	34	34	NUM
cjal-3321	794	7	,	,	PUNCT
cjal-3321	794	8	at	at	ADP
cjal-3321	794	9	258	258	NUM
cjal-3321	794	10	.	.	PUNCT
cjal-3321	794	11	215	215	NUM
cjal-3321	794	12	columbia	columbia	PROPN
cjal-3321	794	13	journal	journal	PROPN
cjal-3321	794	14	ofasian	ofasian	ADJ
cjal-3321	794	15	law	law	NOUN
cjal-3321	794	16	,	,	PUNCT
cjal-3321	794	17	vol	vol	NOUN
cjal-3321	794	18	.	.	PROPN
cjal-3321	794	19	25	25	NUM
cjal-3321	794	20	,	,	PUNCT
cjal-3321	794	21	no	no	INTJ
cjal-3321	794	22	.	.	NOUN
cjal-3321	794	23	2	2	NUM
cjal-3321	794	24	(	(	PUNCT
cjal-3321	794	25	2012	2012	NUM
cjal-3321	794	26	)	)	PUNCT
cjal-3321	794	27	weighing	weigh	VERB
cjal-3321	794	28	the	the	DET
cjal-3321	794	29	resulting	result	VERB
cjal-3321	794	30	bid	bid	NOUN
cjal-3321	794	31	loss	loss	NOUN
cjal-3321	794	32	against	against	ADP
cjal-3321	794	33	the	the	DET
cjal-3321	794	34	value	value	NOUN
cjal-3321	794	35	gained	gain	VERB
cjal-3321	794	36	from	from	ADP
cjal-3321	794	37	shareholder	shareholder	NOUN
cjal-3321	794	38	protection	protection	NOUN
cjal-3321	794	39	,	,	PUNCT
cjal-3321	794	40	controlling	control	VERB
cjal-3321	794	41	shareholder	shareholder	NOUN
cjal-3321	794	42	agency	agency	NOUN
cjal-3321	794	43	cost	cost	NOUN
cjal-3321	794	44	reduction	reduction	NOUN
cjal-3321	794	45	,	,	PUNCT
cjal-3321	794	46	and	and	CCONJ
cjal-3321	794	47	premium	premium	NOUN
cjal-3321	794	48	sharing	sharing	NOUN
cjal-3321	794	49	.	.	PUNCT
cjal-3321	795	1	76	76	NUM
cjal-3321	796	1	the	the	DET
cjal-3321	796	2	mandatory	mandatory	ADJ
cjal-3321	796	3	bid	bid	NOUN
cjal-3321	796	4	rule	rule	NOUN
cjal-3321	796	5	has	have	AUX
cjal-3321	796	6	not	not	PART
cjal-3321	796	7	been	be	AUX
cjal-3321	796	8	universally	universally	ADV
cjal-3321	796	9	adopted	adopt	VERB
cjal-3321	796	10	across	across	ADP
cjal-3321	796	11	the	the	DET
cjal-3321	796	12	world	world	NOUN
cjal-3321	796	13	.	.	PUNCT
cjal-3321	797	1	"	"	PUNCT
cjal-3321	797	2	'	'	NUM
cjal-3321	797	3	77	77	NUM
cjal-3321	797	4	further	further	ADJ
cjal-3321	797	5	economic	economic	ADJ
cjal-3321	797	6	analysis	analysis	NOUN
cjal-3321	797	7	is	be	AUX
cjal-3321	797	8	necessary	necessary	ADJ
cjal-3321	797	9	to	to	PART
cjal-3321	797	10	determine	determine	VERB
cjal-3321	797	11	the	the	DET
cjal-3321	797	12	overall	overall	ADJ
cjal-3321	797	13	effect	effect	NOUN
cjal-3321	797	14	of	of	ADP
cjal-3321	797	15	the	the	DET
cjal-3321	797	16	rule	rule	NOUN
cjal-3321	797	17	in	in	ADP
cjal-3321	797	18	china	china	PROPN
cjal-3321	797	19	.	.	PUNCT
cjal-3321	798	1	nevertheless	nevertheless	ADV
cjal-3321	798	2	,	,	PUNCT
cjal-3321	798	3	a	a	DET
cjal-3321	798	4	crucial	crucial	ADJ
cjal-3321	798	5	consideration	consideration	NOUN
cjal-3321	798	6	in	in	ADP
cjal-3321	798	7	deciding	decide	VERB
cjal-3321	798	8	the	the	DET
cjal-3321	798	9	desirability	desirability	NOUN
cjal-3321	798	10	of	of	ADP
cjal-3321	798	11	the	the	DET
cjal-3321	798	12	mandatory	mandatory	ADJ
cjal-3321	798	13	bid	bid	NOUN
cjal-3321	798	14	rule	rule	NOUN
cjal-3321	798	15	is	be	AUX
cjal-3321	798	16	whether	whether	SCONJ
cjal-3321	798	17	a	a	DET
cjal-3321	798	18	target	target	NOUN
cjal-3321	798	19	company	company	NOUN
cjal-3321	798	20	has	have	VERB
cjal-3321	798	21	an	an	DET
cjal-3321	798	22	existing	exist	VERB
cjal-3321	798	23	controlling	control	VERB
cjal-3321	798	24	shareholder	shareholder	NOUN
cjal-3321	798	25	.	.	PUNCT
cjal-3321	799	1	the	the	DET
cjal-3321	799	2	distinction	distinction	NOUN
cjal-3321	799	3	between	between	ADP
cjal-3321	799	4	the	the	DET
cjal-3321	799	5	transfer	transfer	NOUN
cjal-3321	799	6	of	of	ADP
cjal-3321	799	7	control	control	NOUN
cjal-3321	799	8	from	from	ADP
cjal-3321	799	9	an	an	DET
cjal-3321	799	10	existing	exist	VERB
cjal-3321	799	11	controlling	control	VERB
cjal-3321	799	12	shareholder	shareholder	NOUN
cjal-3321	799	13	and	and	CCONJ
cjal-3321	799	14	from	from	ADP
cjal-3321	799	15	management	management	NOUN
cjal-3321	799	16	absent	absent	ADJ
cjal-3321	799	17	a	a	DET
cjal-3321	799	18	controlling	control	VERB
cjal-3321	799	19	shareholder	shareholder	NOUN
cjal-3321	799	20	is	be	AUX
cjal-3321	799	21	significant	significant	ADJ
cjal-3321	799	22	.	.	PUNCT
cjal-3321	800	1	'	'	PUNCT
cjal-3321	800	2	78	78	NUM
cjal-3321	800	3	many	many	ADJ
cjal-3321	800	4	experts	expert	NOUN
cjal-3321	800	5	have	have	AUX
cjal-3321	800	6	already	already	ADV
cjal-3321	800	7	recognized	recognize	VERB
cjal-3321	800	8	the	the	DET
cjal-3321	800	9	fundamental	fundamental	ADJ
cjal-3321	800	10	differences	difference	NOUN
cjal-3321	800	11	in	in	ADP
cjal-3321	800	12	the	the	DET
cjal-3321	800	13	nature	nature	NOUN
cjal-3321	800	14	of	of	ADP
cjal-3321	800	15	the	the	DET
cjal-3321	800	16	agency	agency	NOUN
cjal-3321	800	17	problems	problem	NOUN
cjal-3321	800	18	between	between	ADP
cjal-3321	800	19	controlled	control	VERB
cjal-3321	800	20	firms	firm	NOUN
cjal-3321	800	21	and	and	CCONJ
cjal-3321	800	22	non	non	ADJ
cjal-3321	800	23	-	-	ADJ
cjal-3321	800	24	controlled	control	VERB
cjal-3321	800	25	firms	firm	NOUN
cjal-3321	800	26	.	.	PUNCT
cjal-3321	801	1	'79	'79	NUM
cjal-3321	801	2	for	for	ADP
cjal-3321	801	3	a	a	DET
cjal-3321	801	4	non	non	ADJ
cjal-3321	801	5	-	-	ADJ
cjal-3321	801	6	controlled	control	VERB
cjal-3321	801	7	firm	firm	NOUN
cjal-3321	801	8	,	,	PUNCT
cjal-3321	801	9	the	the	DET
cjal-3321	801	10	fundamental	fundamental	ADJ
cjal-3321	801	11	concern	concern	NOUN
cjal-3321	801	12	is	be	AUX
cjal-3321	801	13	the	the	DET
cjal-3321	801	14	management	management	NOUN
cjal-3321	801	15	's	's	PART
cjal-3321	801	16	incentive	incentive	NOUN
cjal-3321	801	17	to	to	PART
cjal-3321	801	18	behave	behave	VERB
cjal-3321	801	19	opportunistically	opportunistically	ADV
cjal-3321	801	20	at	at	ADP
cjal-3321	801	21	the	the	DET
cjal-3321	801	22	expense	expense	NOUN
cjal-3321	801	23	of	of	ADP
cjal-3321	801	24	shareholders	shareholder	NOUN
cjal-3321	801	25	.	.	PUNCT
cjal-3321	802	1	for	for	ADP
cjal-3321	802	2	a	a	DET
cjal-3321	802	3	controlled	control	VERB
cjal-3321	802	4	firm	firm	NOUN
cjal-3321	802	5	,	,	PUNCT
cjal-3321	802	6	the	the	DET
cjal-3321	802	7	concern	concern	NOUN
cjal-3321	802	8	is	be	AUX
cjal-3321	802	9	the	the	DET
cjal-3321	802	10	controlling	control	VERB
cjal-3321	802	11	shareholder	shareholder	NOUN
cjal-3321	802	12	's	's	PART
cjal-3321	802	13	own	own	ADJ
cjal-3321	802	14	opportunism	opportunism	NOUN
cjal-3321	802	15	at	at	ADP
cjal-3321	802	16	the	the	DET
cjal-3321	802	17	expense	expense	NOUN
cjal-3321	802	18	of	of	ADP
cjal-3321	802	19	non	non	ADJ
cjal-3321	802	20	-	-	ADJ
cjal-3321	802	21	controlling	controlling	ADJ
cjal-3321	802	22	shareholders	shareholder	NOUN
cjal-3321	802	23	.	.	PUNCT
cjal-3321	802	24	'	'	PUNCT
cjal-3321	803	1	when	when	SCONJ
cjal-3321	803	2	a	a	DET
cjal-3321	803	3	target	target	NOUN
cjal-3321	803	4	company	company	NOUN
cjal-3321	803	5	has	have	VERB
cjal-3321	803	6	a	a	DET
cjal-3321	803	7	controlling	control	VERB
cjal-3321	803	8	shareholder	shareholder	NOUN
cjal-3321	803	9	,	,	PUNCT
cjal-3321	803	10	the	the	DET
cjal-3321	803	11	benefit	benefit	NOUN
cjal-3321	803	12	of	of	ADP
cjal-3321	803	13	a	a	DET
cjal-3321	803	14	mandatory	mandatory	ADJ
cjal-3321	803	15	bid	bid	NOUN
cjal-3321	803	16	to	to	ADP
cjal-3321	803	17	minority	minority	NOUN
cjal-3321	803	18	shareholders	shareholder	NOUN
cjal-3321	803	19	is	be	AUX
cjal-3321	803	20	greater	great	ADJ
cjal-3321	803	21	.	.	PUNCT
cjal-3321	803	22	'8	'8	PUNCT
cjal-3321	804	1	'	'	PUNCT
cjal-3321	805	1	the	the	DET
cjal-3321	805	2	rule	rule	NOUN
cjal-3321	805	3	requires	require	VERB
cjal-3321	805	4	the	the	DET
cjal-3321	805	5	controlling	control	VERB
cjal-3321	805	6	shareholder	shareholder	NOUN
cjal-3321	805	7	to	to	PART
cjal-3321	805	8	share	share	VERB
cjal-3321	805	9	some	some	PRON
cjal-3321	805	10	of	of	ADP
cjal-3321	805	11	the	the	DET
cjal-3321	805	12	control	control	NOUN
cjal-3321	805	13	premium	premium	NOUN
cjal-3321	805	14	with	with	ADP
cjal-3321	805	15	minority	minority	NOUN
cjal-3321	805	16	shareholders	shareholder	NOUN
cjal-3321	805	17	.	.	PUNCT
cjal-3321	806	1	the	the	PRON
cjal-3321	806	2	greater	great	ADJ
cjal-3321	806	3	the	the	DET
cjal-3321	806	4	control	control	NOUN
cjal-3321	806	5	premium	premium	NOUN
cjal-3321	806	6	,	,	PUNCT
cjal-3321	806	7	the	the	DET
cjal-3321	806	8	more	more	ADV
cjal-3321	806	9	benefit	benefit	NOUN
cjal-3321	806	10	non	non	ADJ
cjal-3321	806	11	-	-	ADJ
cjal-3321	806	12	controlling	controlling	ADJ
cjal-3321	806	13	shareholders	shareholder	NOUN
cjal-3321	806	14	can	can	AUX
cjal-3321	806	15	reap	reap	VERB
cjal-3321	806	16	.	.	PUNCT
cjal-3321	806	17	'	'	PUNCT
cjal-3321	807	1	8	8	NUM
cjal-3321	807	2	in	in	ADP
cjal-3321	807	3	contrast	contrast	NOUN
cjal-3321	807	4	,	,	PUNCT
cjal-3321	807	5	for	for	ADP
cjal-3321	807	6	a	a	DET
cjal-3321	807	7	target	target	NOUN
cjal-3321	807	8	without	without	ADP
cjal-3321	807	9	a	a	DET
cjal-3321	807	10	controlling	control	VERB
cjal-3321	807	11	shareholder	shareholder	NOUN
cjal-3321	807	12	,	,	PUNCT
cjal-3321	807	13	the	the	DET
cjal-3321	807	14	rule	rule	NOUN
cjal-3321	807	15	can	can	AUX
cjal-3321	807	16	be	be	AUX
cjal-3321	807	17	detrimental	detrimental	ADJ
cjal-3321	807	18	for	for	ADP
cjal-3321	807	19	shareholders	shareholder	NOUN
cjal-3321	807	20	because	because	SCONJ
cjal-3321	807	21	the	the	DET
cjal-3321	807	22	higher	high	ADJ
cjal-3321	807	23	capital	capital	NOUN
cjal-3321	807	24	costs	cost	NOUN
cjal-3321	807	25	under	under	ADP
cjal-3321	807	26	the	the	DET
cjal-3321	807	27	mandatory	mandatory	ADJ
cjal-3321	807	28	bid	bid	NOUN
cjal-3321	807	29	rule	rule	NOUN
cjal-3321	807	30	forces	force	NOUN
cjal-3321	807	31	a	a	DET
cjal-3321	807	32	bidder	bidder	NOUN
cjal-3321	807	33	to	to	PART
cjal-3321	807	34	offer	offer	VERB
cjal-3321	807	35	less	less	ADJ
cjal-3321	807	36	consideration	consideration	NOUN
cjal-3321	807	37	.	.	PUNCT
cjal-3321	808	1	it	it	PRON
cjal-3321	808	2	is	be	AUX
cjal-3321	808	3	no	no	DET
cjal-3321	808	4	wonder	wonder	NOUN
cjal-3321	808	5	then	then	ADV
cjal-3321	808	6	that	that	SCONJ
cjal-3321	808	7	the	the	DET
cjal-3321	808	8	united	united	PROPN
cjal-3321	808	9	states	states	PROPN
cjal-3321	808	10	is	be	AUX
cjal-3321	808	11	not	not	PART
cjal-3321	808	12	a	a	DET
cjal-3321	808	13	follower	follower	NOUN
cjal-3321	808	14	of	of	ADP
cjal-3321	808	15	the	the	DET
cjal-3321	808	16	mandatory	mandatory	ADJ
cjal-3321	808	17	bid	bid	NOUN
cjal-3321	808	18	rule	rule	NOUN
cjal-3321	808	19	,	,	PUNCT
cjal-3321	808	20	as	as	SCONJ
cjal-3321	808	21	the	the	DET
cjal-3321	808	22	u.s	u.s	PROPN
cjal-3321	808	23	.	.	PROPN
cjal-3321	808	24	firms	firm	NOUN
cjal-3321	808	25	usually	usually	ADV
cjal-3321	808	26	have	have	VERB
cjal-3321	808	27	widely	widely	ADV
cjal-3321	808	28	dispersed	disperse	VERB
cjal-3321	808	29	ownership	ownership	NOUN
cjal-3321	808	30	.	.	PUNCT
cjal-3321	808	31	'8	'8	PUNCT
cjal-3321	809	1	in	in	ADP
cjal-3321	809	2	contrast	contrast	NOUN
cjal-3321	809	3	,	,	PUNCT
cjal-3321	809	4	the	the	DET
cjal-3321	809	5	united	united	ADJ
cjal-3321	809	6	kingdom	kingdom	PROPN
cjal-3321	809	7	,	,	PUNCT
cjal-3321	809	8	where	where	SCONJ
cjal-3321	809	9	firms	firm	NOUN
cjal-3321	809	10	have	have	VERB
cjal-3321	809	11	more	more	ADV
cjal-3321	809	12	concentrated	concentrated	ADJ
cjal-3321	809	13	ownerships	ownership	NOUN
cjal-3321	809	14	,	,	PUNCT
cjal-3321	809	15	has	have	AUX
cjal-3321	809	16	adopted	adopt	VERB
cjal-3321	809	17	the	the	DET
cjal-3321	809	18	mandatory	mandatory	ADJ
cjal-3321	809	19	provision	provision	NOUN
cjal-3321	809	20	.	.	PUNCT
cjal-3321	809	21	'	'	PUNCT
cjal-3321	810	1	8	8	NUM
cjal-3321	810	2	'	'	PUNCT
cjal-3321	810	3	in	in	ADP
cjal-3321	810	4	china	china	PROPN
cjal-3321	810	5	,	,	PUNCT
cjal-3321	810	6	the	the	DET
cjal-3321	810	7	capital	capital	NOUN
cjal-3321	810	8	structure	structure	NOUN
cjal-3321	810	9	of	of	ADP
cjal-3321	810	10	the	the	DET
cjal-3321	810	11	equity	equity	NOUN
cjal-3321	810	12	market	market	NOUN
cjal-3321	810	13	is	be	AUX
cjal-3321	810	14	very	very	ADV
cjal-3321	810	15	complicated	complicated	ADJ
cjal-3321	810	16	and	and	CCONJ
cjal-3321	810	17	grows	grow	VERB
cjal-3321	810	18	more	more	ADV
cjal-3321	810	19	so	so	ADV
cjal-3321	810	20	as	as	SCONJ
cjal-3321	810	21	it	it	PRON
cjal-3321	810	22	continues	continue	VERB
cjal-3321	810	23	to	to	PART
cjal-3321	810	24	undergo	undergo	VERB
cjal-3321	810	25	drastic	drastic	ADJ
cjal-3321	810	26	and	and	CCONJ
cjal-3321	810	27	rapid	rapid	ADJ
cjal-3321	810	28	changes	change	NOUN
cjal-3321	810	29	.	.	PUNCT
cjal-3321	811	1	'8a	'8a	NOUN
cjal-3321	811	2	while	while	SCONJ
cjal-3321	811	3	many	many	ADJ
cjal-3321	811	4	listed	list	VERB
cjal-3321	811	5	176	176	NUM
cjal-3321	811	6	i	i	PRON
cjal-3321	811	7	d.	d.	PROPN
cjal-3321	811	8	at	at	ADP
cjal-3321	811	9	259	259	NUM
cjal-3321	811	10	.	.	PUNCT
cjal-3321	812	1	see	see	AUX
cjal-3321	812	2	also	also	ADV
cjal-3321	812	3	romano	romano	VERB
cjal-3321	812	4	,	,	PUNCT
cjal-3321	812	5	supra	supra	ADJ
cjal-3321	812	6	note	note	VERB
cjal-3321	812	7	i	i	PRON
cjal-3321	812	8	at	at	ADP
cjal-3321	812	9	157	157	NUM
cjal-3321	812	10	-	-	SYM
cjal-3321	812	11	68	68	NUM
cjal-3321	812	12	.	.	PUNCT
cjal-3321	812	13	17	17	NUM
cjal-3321	812	14	see	see	VERB
cjal-3321	812	15	kraakman	kraakman	PROPN
cjal-3321	812	16	,	,	PUNCT
cjal-3321	812	17	supra	supra	PROPN
cjal-3321	812	18	note	note	NOUN
cjal-3321	812	19	34	34	NUM
cjal-3321	812	20	,	,	PUNCT
cjal-3321	812	21	at	at	ADP
cjal-3321	812	22	164	164	NUM
cjal-3321	812	23	.	.	PUNCT
cjal-3321	813	1	all	all	DET
cjal-3321	813	2	the	the	DET
cjal-3321	813	3	member	member	NOUN
cjal-3321	813	4	states	state	NOUN
cjal-3321	813	5	of	of	ADP
cjal-3321	813	6	the	the	DET
cjal-3321	813	7	european	european	PROPN
cjal-3321	813	8	union	union	PROPN
cjal-3321	813	9	have	have	AUX
cjal-3321	813	10	introduced	introduce	VERB
cjal-3321	813	11	the	the	DET
cjal-3321	813	12	mandatory	mandatory	ADJ
cjal-3321	813	13	bid	bid	NOUN
cjal-3321	813	14	rule	rule	NOUN
cjal-3321	813	15	,	,	PUNCT
cjal-3321	813	16	while	while	SCONJ
cjal-3321	813	17	the	the	DET
cjal-3321	813	18	rule	rule	NOUN
cjal-3321	813	19	remains	remain	VERB
cjal-3321	813	20	a	a	DET
cjal-3321	813	21	controversial	controversial	ADJ
cjal-3321	813	22	subject	subject	NOUN
cjal-3321	813	23	in	in	ADP
cjal-3321	813	24	the	the	DET
cjal-3321	813	25	united	united	PROPN
cjal-3321	813	26	states	states	PROPN
cjal-3321	813	27	.	.	PUNCT
cjal-3321	814	1	178	178	NUM
cjal-3321	815	1	i	i	PRON
cjal-3321	815	2	d.	d.	PROPN
cjal-3321	815	3	at	at	ADP
cjal-3321	815	4	259	259	NUM
cjal-3321	815	5	.	.	PUNCT
cjal-3321	815	6	179	179	NUM
cjal-3321	815	7	see	see	VERB
cjal-3321	815	8	,	,	PUNCT
cjal-3321	815	9	e.g.	e.g.	ADV
cjal-3321	815	10	,	,	PUNCT
cjal-3321	815	11	luca	luca	PROPN
cjal-3321	815	12	enriques	enriques	PROPN
cjal-3321	815	13	&	&	CCONJ
cjal-3321	815	14	paolo	paolo	PROPN
cjal-3321	815	15	volpin	volpin	PROPN
cjal-3321	815	16	,	,	PUNCT
cjal-3321	815	17	corporate	corporate	ADJ
cjal-3321	815	18	governance	governance	NOUN
cjal-3321	815	19	reforms	reform	NOUN
cjal-3321	815	20	in	in	ADP
cjal-3321	815	21	continental	continental	PROPN
cjal-3321	815	22	europe	europe	PROPN
cjal-3321	815	23	,	,	PUNCT
cjal-3321	815	24	21	21	NUM
cjal-3321	815	25	j.	j.	PROPN
cjal-3321	815	26	econ	econ	PROPN
cjal-3321	815	27	.	.	PUNCT
cjal-3321	816	1	persp	persp	PROPN
cjal-3321	816	2	.	.	PUNCT
cjal-3321	817	1	117	117	NUM
cjal-3321	817	2	(	(	PUNCT
cjal-3321	817	3	2007	2007	NUM
cjal-3321	817	4	)	)	PUNCT
cjal-3321	817	5	;	;	PUNCT
cjal-3321	817	6	ronald	ronald	PROPN
cjal-3321	817	7	j.	j.	PROPN
cjal-3321	817	8	gilson	gilson	PROPN
cjal-3321	817	9	&	&	CCONJ
cjal-3321	817	10	jeffery	jeffery	PROPN
cjal-3321	817	11	n.	n.	PROPN
cjal-3321	817	12	gordon	gordon	PROPN
cjal-3321	817	13	,	,	PUNCT
cjal-3321	817	14	controlling	control	VERB
cjal-3321	817	15	shareholders	shareholder	NOUN
cjal-3321	817	16	,	,	PUNCT
cjal-3321	817	17	152	152	NUM
cjal-3321	817	18	u.	u.	PROPN
cjal-3321	817	19	pa	pa	PROPN
cjal-3321	817	20	.	.	PUNCT
cjal-3321	817	21	l.	l.	PROPN
cjal-3321	817	22	rev	rev	PROPN
cjal-3321	817	23	.	.	PROPN
cjal-3321	818	1	785	785	NUM
cjal-3321	818	2	(	(	PUNCT
cjal-3321	818	3	2003	2003	NUM
cjal-3321	818	4	)	)	PUNCT
cjal-3321	818	5	.	.	PUNCT
cjal-3321	819	1	80o	80o	PROPN
cjal-3321	819	2	lucian	lucian	PROPN
cjal-3321	819	3	a.	a.	PROPN
cjal-3321	819	4	bebchuk	bebchuk	PROPN
cjal-3321	819	5	&	&	CCONJ
cjal-3321	819	6	assaf	assaf	PROPN
cjal-3321	819	7	hamdani	hamdani	PROPN
cjal-3321	819	8	,	,	PUNCT
cjal-3321	819	9	the	the	DET
cjal-3321	819	10	elusive	elusive	ADJ
cjal-3321	819	11	quest	quest	NOUN
cjal-3321	819	12	for	for	ADP
cjal-3321	819	13	global	global	ADJ
cjal-3321	819	14	governance	governance	NOUN
cjal-3321	819	15	standards	standard	NOUN
cjal-3321	819	16	,	,	PUNCT
cjal-3321	819	17	157	157	NUM
cjal-3321	819	18	u.	u.	PROPN
cjal-3321	819	19	pa	pa	PROPN
cjal-3321	819	20	.	.	PROPN
cjal-3321	819	21	l.	l.	PROPN
cjal-3321	819	22	rev	rev	PROPN
cjal-3321	819	23	.	.	PROPN
cjal-3321	820	1	1263,1281	1263,1281	NUM
cjal-3321	820	2	-	-	SYM
cjal-3321	820	3	82	82	NUM
cjal-3321	820	4	(	(	PUNCT
cjal-3321	820	5	2009	2009	NUM
cjal-3321	820	6	)	)	PUNCT
cjal-3321	820	7	.	.	PUNCT
cjal-3321	821	1	18	18	NUM
cjal-3321	821	2	,	,	PUNCT
cjal-3321	821	3	kraakman	kraakman	ADJ
cjal-3321	821	4	,	,	PUNCT
cjal-3321	821	5	supra	supra	PROPN
cjal-3321	821	6	note	note	NOUN
cjal-3321	821	7	34	34	NUM
cjal-3321	821	8	,	,	PUNCT
cjal-3321	821	9	at	at	ADP
cjal-3321	821	10	259	259	NUM
cjal-3321	821	11	.	.	NOUN
cjal-3321	821	12	182	182	NUM
cjal-3321	821	13	john	john	PROPN
cjal-3321	821	14	c.	c.	PROPN
cjal-3321	821	15	coffee	coffee	PROPN
cjal-3321	821	16	,	,	PUNCT
cjal-3321	821	17	regulating	regulate	VERB
cjal-3321	821	18	the	the	DET
cjal-3321	821	19	market	market	NOUN
cjal-3321	821	20	for	for	ADP
cjal-3321	821	21	corporate	corporate	ADJ
cjal-3321	821	22	control	control	NOUN
cjal-3321	821	23	,	,	PUNCT
cjal-3321	821	24	84	84	NUM
cjal-3321	821	25	colum	colum	NOUN
cjal-3321	821	26	.	.	PUNCT
cjal-3321	822	1	l.	l.	PROPN
cjal-3321	822	2	rev	rev	PROPN
cjal-3321	822	3	.	.	PROPN
cjal-3321	822	4	1145	1145	NUM
cjal-3321	822	5	,	,	PUNCT
cjal-3321	822	6	1283	1283	NUM
cjal-3321	822	7	-	-	SYM
cjal-3321	822	8	89	89	NUM
cjal-3321	822	9	(	(	PUNCT
cjal-3321	822	10	1984	1984	NUM
cjal-3321	822	11	)	)	PUNCT
cjal-3321	822	12	.	.	PUNCT
cjal-3321	823	1	'	'	NUM
cjal-3321	823	2	83	83	NUM
cjal-3321	823	3	see	see	VERB
cjal-3321	823	4	generally	generally	ADV
cjal-3321	823	5	armour	armour	NOUN
cjal-3321	823	6	&	&	CCONJ
cjal-3321	823	7	skeel	skeel	PROPN
cjal-3321	823	8	,	,	PUNCT
cjal-3321	823	9	supra	supra	ADJ
cjal-3321	823	10	note	note	NOUN
cjal-3321	823	11	2	2	NUM
cjal-3321	823	12	.	.	NUM
cjal-3321	823	13	z84	z84	NOUN
cjal-3321	824	1	i	i	NOUN
cjal-3321	824	2	d.	d.	PROPN
cjal-3321	824	3	185	185	NUM
cjal-3321	824	4	see	see	VERB
cjal-3321	824	5	sources	source	NOUN
cjal-3321	824	6	cited	cite	VERB
cjal-3321	824	7	supra	supra	PROPN
cjal-3321	824	8	note	note	NOUN
cjal-3321	824	9	4	4	NUM
cjal-3321	824	10	.	.	PUNCT
cjal-3321	825	1	the	the	DET
cjal-3321	825	2	efficacy	efficacy	NOUN
cjal-3321	825	3	of	of	ADP
cjal-3321	825	4	chinese	chinese	ADJ
cjal-3321	825	5	takeover	takeover	NOUN
cjal-3321	825	6	laws	law	NOUN
cjal-3321	825	7	companies	company	NOUN
cjal-3321	825	8	currently	currently	ADV
cjal-3321	825	9	have	have	AUX
cjal-3321	825	10	controlling	control	VERB
cjal-3321	825	11	shareholders	shareholder	NOUN
cjal-3321	825	12	,	,	PUNCT
cjal-3321	825	13	such	such	ADJ
cjal-3321	825	14	as	as	ADP
cjal-3321	825	15	state	state	NOUN
cjal-3321	825	16	shareholders	shareholder	NOUN
cjal-3321	825	17	,	,	PUNCT
cjal-3321	825	18	china	china	PROPN
cjal-3321	825	19	's	's	PART
cjal-3321	825	20	aggressive	aggressive	ADJ
cjal-3321	825	21	economic	economic	ADJ
cjal-3321	825	22	reforms	reform	NOUN
cjal-3321	825	23	make	make	VERB
cjal-3321	825	24	tomorrow	tomorrow	NOUN
cjal-3321	825	25	's	's	PART
cjal-3321	825	26	capital	capital	NOUN
cjal-3321	825	27	structure	structure	NOUN
cjal-3321	825	28	unpredictable	unpredictable	ADJ
cjal-3321	825	29	.	.	PUNCT
cjal-3321	826	1	controlling	control	VERB
cjal-3321	826	2	state	state	NOUN
cjal-3321	826	3	shareholders	shareholder	NOUN
cjal-3321	826	4	have	have	AUX
cjal-3321	826	5	sold	sell	VERB
cjal-3321	826	6	most	most	ADJ
cjal-3321	826	7	of	of	ADP
cjal-3321	826	8	their	their	PRON
cjal-3321	826	9	shares	share	NOUN
cjal-3321	826	10	and	and	CCONJ
cjal-3321	826	11	left	leave	VERB
cjal-3321	826	12	the	the	DET
cjal-3321	826	13	equity	equity	NOUN
cjal-3321	826	14	market	market	NOUN
cjal-3321	826	15	after	after	ADP
cjal-3321	826	16	the	the	DET
cjal-3321	826	17	issuance	issuance	NOUN
cjal-3321	826	18	of	of	ADP
cjal-3321	826	19	a	a	DET
cjal-3321	826	20	2001	2001	NUM
cjal-3321	826	21	state	state	NOUN
cjal-3321	826	22	council	council	NOUN
cjal-3321	826	23	administrative	administrative	ADJ
cjal-3321	826	24	decree	decree	NOUN
cjal-3321	826	25	to	to	PART
cjal-3321	826	26	reduce	reduce	VERB
cjal-3321	826	27	state	state	NOUN
cjal-3321	826	28	shareholding	shareholding	NOUN
cjal-3321	826	29	.	.	PUNCT
cjal-3321	827	1	'86	'86	NOUN
cjal-3321	827	2	changing	change	VERB
cjal-3321	827	3	the	the	DET
cjal-3321	827	4	bid	bid	NOUN
cjal-3321	827	5	rule	rule	NOUN
cjal-3321	827	6	to	to	ADP
cjal-3321	827	7	an	an	DET
cjal-3321	827	8	enabling	enable	VERB
cjal-3321	827	9	one	one	PRON
cjal-3321	827	10	would	would	AUX
cjal-3321	827	11	allow	allow	VERB
cjal-3321	827	12	each	each	DET
cjal-3321	827	13	firm	firm	NOUN
cjal-3321	827	14	to	to	PART
cjal-3321	827	15	adopt	adopt	VERB
cjal-3321	827	16	or	or	CCONJ
cjal-3321	827	17	reject	reject	VERB
cjal-3321	827	18	the	the	DET
cjal-3321	827	19	mandatory	mandatory	ADJ
cjal-3321	827	20	bid	bid	NOUN
cjal-3321	827	21	rule	rule	NOUN
cjal-3321	827	22	and	and	CCONJ
cjal-3321	827	23	design	design	VERB
cjal-3321	827	24	an	an	DET
cjal-3321	827	25	optimal	optimal	ADJ
cjal-3321	827	26	solution	solution	NOUN
cjal-3321	827	27	for	for	ADP
cjal-3321	827	28	itself	itself	PRON
cjal-3321	827	29	,	,	PUNCT
cjal-3321	827	30	depending	depend	VERB
cjal-3321	827	31	on	on	ADP
cjal-3321	827	32	its	its	PRON
cjal-3321	827	33	ownership	ownership	NOUN
cjal-3321	827	34	structure	structure	NOUN
cjal-3321	827	35	.	.	PUNCT
cjal-3321	828	1	one	one	NUM
cjal-3321	828	2	example	example	NOUN
cjal-3321	828	3	would	would	AUX
cjal-3321	828	4	be	be	AUX
cjal-3321	828	5	an	an	DET
cjal-3321	828	6	opt	opt	VERB
cjal-3321	828	7	-	-	PUNCT
cjal-3321	828	8	out	out	ADP
cjal-3321	828	9	mechanism	mechanism	NOUN
cjal-3321	828	10	that	that	PRON
cjal-3321	828	11	allows	allow	VERB
cjal-3321	828	12	minority	minority	NOUN
cjal-3321	828	13	shareholders	shareholder	NOUN
cjal-3321	828	14	to	to	PART
cjal-3321	828	15	release	release	VERB
cjal-3321	828	16	the	the	DET
cjal-3321	828	17	company	company	NOUN
cjal-3321	828	18	from	from	ADP
cjal-3321	828	19	the	the	DET
cjal-3321	828	20	mandatory	mandatory	ADJ
cjal-3321	828	21	bid	bid	NOUN
cjal-3321	828	22	rule	rule	NOUN
cjal-3321	828	23	by	by	ADP
cjal-3321	828	24	their	their	PRON
cjal-3321	828	25	majority	majority	NOUN
cjal-3321	828	26	vote	vote	NOUN
cjal-3321	828	27	.	.	PUNCT
cjal-3321	829	1	setting	set	VERB
cjal-3321	829	2	the	the	DET
cjal-3321	829	3	mechanism	mechanism	NOUN
cjal-3321	829	4	as	as	ADP
cjal-3321	829	5	an	an	DET
cjal-3321	829	6	opt	opt	NOUN
cjal-3321	829	7	-	-	PUNCT
cjal-3321	829	8	out	out	NOUN
cjal-3321	829	9	instead	instead	ADV
cjal-3321	829	10	of	of	ADP
cjal-3321	829	11	an	an	DET
cjal-3321	829	12	opt	opt	NOUN
cjal-3321	829	13	-	-	PUNCT
cjal-3321	829	14	in	in	ADP
cjal-3321	829	15	ensures	ensure	NOUN
cjal-3321	829	16	that	that	SCONJ
cjal-3321	829	17	non	non	ADJ
cjal-3321	829	18	-	-	ADJ
cjal-3321	829	19	controlling	controlling	ADJ
cjal-3321	829	20	shareholders	shareholder	NOUN
cjal-3321	829	21	do	do	AUX
cjal-3321	829	22	not	not	PART
cjal-3321	829	23	incur	incur	VERB
cjal-3321	829	24	transaction	transaction	NOUN
cjal-3321	829	25	costs	cost	NOUN
cjal-3321	829	26	if	if	SCONJ
cjal-3321	829	27	they	they	PRON
cjal-3321	829	28	wish	wish	VERB
cjal-3321	829	29	to	to	PART
cjal-3321	829	30	retain	retain	VERB
cjal-3321	829	31	the	the	DET
cjal-3321	829	32	protection	protection	NOUN
cjal-3321	829	33	of	of	ADP
cjal-3321	829	34	the	the	DET
cjal-3321	829	35	mandatory	mandatory	ADJ
cjal-3321	829	36	bid	bid	NOUN
cjal-3321	829	37	rule	rule	NOUN
cjal-3321	829	38	.	.	PUNCT
cjal-3321	830	1	given	give	VERB
cjal-3321	830	2	that	that	SCONJ
cjal-3321	830	3	many	many	ADJ
cjal-3321	830	4	chinese	chinese	ADJ
cjal-3321	830	5	listed	list	VERB
cjal-3321	830	6	companies	company	NOUN
cjal-3321	830	7	'	'	PART
cjal-3321	830	8	capital	capital	NOUN
cjal-3321	830	9	structures	structure	NOUN
cjal-3321	830	10	are	be	AUX
cjal-3321	830	11	highly	highly	ADV
cjal-3321	830	12	concentrated	concentrated	ADJ
cjal-3321	830	13	,	,	PUNCT
cjal-3321	830	14	this	this	DET
cjal-3321	830	15	optout	optout	ADJ
cjal-3321	830	16	mechanism	mechanism	NOUN
cjal-3321	830	17	would	would	AUX
cjal-3321	830	18	give	give	VERB
cjal-3321	830	19	non	non	ADJ
cjal-3321	830	20	-	-	ADJ
cjal-3321	830	21	controlling	controlling	ADJ
cjal-3321	830	22	shareholders	shareholder	NOUN
cjal-3321	830	23	a	a	DET
cjal-3321	830	24	meaningful	meaningful	ADJ
cjal-3321	830	25	say	say	NOUN
cjal-3321	830	26	.	.	PUNCT
cjal-3321	831	1	it	it	PRON
cjal-3321	831	2	is	be	AUX
cjal-3321	831	3	important	important	ADJ
cjal-3321	831	4	to	to	PART
cjal-3321	831	5	point	point	VERB
cjal-3321	831	6	out	out	ADP
cjal-3321	831	7	,	,	PUNCT
cjal-3321	831	8	however	however	ADV
cjal-3321	831	9	,	,	PUNCT
cjal-3321	831	10	that	that	SCONJ
cjal-3321	831	11	choosing	choose	VERB
cjal-3321	831	12	this	this	DET
cjal-3321	831	13	enabling	enable	VERB
cjal-3321	831	14	rule	rule	NOUN
cjal-3321	831	15	incurs	incur	VERB
cjal-3321	831	16	other	other	ADJ
cjal-3321	831	17	forms	form	NOUN
cjal-3321	831	18	of	of	ADP
cjal-3321	831	19	transaction	transaction	NOUN
cjal-3321	831	20	costs	cost	NOUN
cjal-3321	831	21	.	.	PUNCT
cjal-3321	831	22	'	'	PUNCT
cjal-3321	832	1	87	87	NUM
cjal-3321	832	2	the	the	DET
cjal-3321	832	3	rapidly	rapidly	ADV
cjal-3321	832	4	changing	change	VERB
cjal-3321	832	5	market	market	NOUN
cjal-3321	832	6	is	be	AUX
cjal-3321	832	7	not	not	PART
cjal-3321	832	8	the	the	DET
cjal-3321	832	9	sole	sole	ADJ
cjal-3321	832	10	reason	reason	NOUN
cjal-3321	832	11	for	for	ADP
cjal-3321	832	12	adopting	adopt	VERB
cjal-3321	832	13	the	the	DET
cjal-3321	832	14	enabling	enable	VERB
cjal-3321	832	15	bid	bid	NOUN
cjal-3321	832	16	rule	rule	NOUN
cjal-3321	832	17	.	.	PUNCT
cjal-3321	833	1	unnecessary	unnecessary	ADJ
cjal-3321	833	2	conformity	conformity	NOUN
cjal-3321	833	3	to	to	ADP
cjal-3321	833	4	this	this	DET
cjal-3321	833	5	one	one	NUM
cjal-3321	833	6	-	-	PUNCT
cjal-3321	833	7	size	size	NOUN
cjal-3321	833	8	-	-	PUNCT
cjal-3321	833	9	fits	fit	VERB
cjal-3321	833	10	-	-	PUNCT
cjal-3321	833	11	all	all	PRON
cjal-3321	833	12	regulation	regulation	NOUN
cjal-3321	833	13	is	be	AUX
cjal-3321	833	14	not	not	PART
cjal-3321	833	15	efficient	efficient	ADJ
cjal-3321	833	16	for	for	ADP
cjal-3321	833	17	today	today	NOUN
cjal-3321	833	18	's	's	PART
cjal-3321	833	19	highly	highly	ADV
cjal-3321	833	20	diversified	diversified	ADJ
cjal-3321	833	21	equity	equity	NOUN
cjal-3321	833	22	market	market	NOUN
cjal-3321	833	23	capital	capital	NOUN
cjal-3321	833	24	structure	structure	NOUN
cjal-3321	833	25	.	.	PUNCT
cjal-3321	834	1	the	the	DET
cjal-3321	834	2	mandatory	mandatory	ADJ
cjal-3321	834	3	bid	bid	NOUN
cjal-3321	834	4	is	be	AUX
cjal-3321	834	5	merely	merely	ADV
cjal-3321	834	6	one	one	NUM
cjal-3321	834	7	bulwark	bulwark	NOUN
cjal-3321	834	8	against	against	ADP
cjal-3321	834	9	takeover	takeover	NOUN
cjal-3321	834	10	opportunism	opportunism	NOUN
cjal-3321	834	11	.	.	PUNCT
cjal-3321	835	1	where	where	SCONJ
cjal-3321	835	2	its	its	PRON
cjal-3321	835	3	waiver	waiver	NOUN
cjal-3321	835	4	necessitates	necessitate	VERB
cjal-3321	835	5	minority	minority	NOUN
cjal-3321	835	6	shareholders	shareholder	NOUN
cjal-3321	835	7	'	'	PART
cjal-3321	835	8	approval	approval	NOUN
cjal-3321	835	9	,	,	PUNCT
cjal-3321	835	10	it	it	PRON
cjal-3321	835	11	offers	offer	VERB
cjal-3321	835	12	the	the	DET
cjal-3321	835	13	greatest	great	ADJ
cjal-3321	835	14	protection	protection	NOUN
cjal-3321	835	15	and	and	CCONJ
cjal-3321	835	16	shareholder	shareholder	NOUN
cjal-3321	835	17	value	value	NOUN
cjal-3321	835	18	maximization	maximization	NOUN
cjal-3321	835	19	.	.	PUNCT
cjal-3321	836	1	additionally	additionally	ADV
cjal-3321	836	2	,	,	PUNCT
cjal-3321	836	3	the	the	DET
cjal-3321	836	4	legislature	legislature	NOUN
cjal-3321	836	5	can	can	AUX
cjal-3321	836	6	resolve	resolve	VERB
cjal-3321	836	7	any	any	DET
cjal-3321	836	8	conflict	conflict	NOUN
cjal-3321	836	9	between	between	ADP
cjal-3321	836	10	the	the	DET
cjal-3321	836	11	securities	security	NOUN
cjal-3321	836	12	law	law	NOUN
cjal-3321	836	13	and	and	CCONJ
cjal-3321	836	14	the	the	DET
cjal-3321	836	15	measures	measure	NOUN
cjal-3321	836	16	,	,	PUNCT
cjal-3321	836	17	mentioned	mention	VERB
cjal-3321	836	18	before	before	ADV
cjal-3321	836	19	,	,	PUNCT
cjal-3321	836	20	by	by	ADP
cjal-3321	836	21	adopting	adopt	VERB
cjal-3321	836	22	the	the	DET
cjal-3321	836	23	enabling	enable	VERB
cjal-3321	836	24	rule	rule	NOUN
cjal-3321	836	25	,	,	PUNCT
cjal-3321	836	26	which	which	PRON
cjal-3321	836	27	could	could	AUX
cjal-3321	836	28	slice	slice	VERB
cjal-3321	836	29	the	the	DET
cjal-3321	836	30	gordian	gordian	ADJ
cjal-3321	836	31	knot	knot	NOUN
cjal-3321	836	32	.	.	PUNCT
cjal-3321	837	1	3	3	X
cjal-3321	837	2	.	.	X
cjal-3321	837	3	more	more	ADV
cjal-3321	837	4	detailed	detailed	ADJ
cjal-3321	837	5	squeeze	squeeze	NOUN
cjal-3321	837	6	-	-	PUNCT
cjal-3321	837	7	out	out	ADP
cjal-3321	837	8	provisions	provision	NOUN
cjal-3321	837	9	the	the	DET
cjal-3321	837	10	"	"	PUNCT
cjal-3321	837	11	squeeze	squeeze	NOUN
cjal-3321	837	12	-	-	PUNCT
cjal-3321	837	13	out	out	NOUN
cjal-3321	837	14	"	"	PUNCT
cjal-3321	837	15	right	right	NOUN
cjal-3321	837	16	is	be	AUX
cjal-3321	837	17	very	very	ADV
cjal-3321	837	18	important	important	ADJ
cjal-3321	837	19	in	in	ADP
cjal-3321	837	20	the	the	DET
cjal-3321	837	21	process	process	NOUN
cjal-3321	837	22	of	of	ADP
cjal-3321	837	23	going	go	VERB
cjal-3321	837	24	private	private	ADJ
cjal-3321	837	25	after	after	ADP
cjal-3321	837	26	a	a	DET
cjal-3321	837	27	successful	successful	ADJ
cjal-3321	837	28	control	control	NOUN
cjal-3321	837	29	transfer	transfer	NOUN
cjal-3321	837	30	.	.	PUNCT
cjal-3321	838	1	with	with	ADP
cjal-3321	838	2	this	this	DET
cjal-3321	838	3	right	right	NOUN
cjal-3321	838	4	,	,	PUNCT
cjal-3321	838	5	a	a	DET
cjal-3321	838	6	successful	successful	ADJ
cjal-3321	838	7	bidder	bidder	NOUN
cjal-3321	838	8	can	can	AUX
cjal-3321	838	9	dilute	dilute	VERB
cjal-3321	838	10	the	the	DET
cjal-3321	838	11	remaining	remain	VERB
cjal-3321	838	12	minority	minority	NOUN
cjal-3321	838	13	shareholders	shareholder	NOUN
cjal-3321	838	14	'	'	PART
cjal-3321	838	15	property	property	NOUN
cjal-3321	838	16	rights	right	NOUN
cjal-3321	838	17	to	to	PART
cjal-3321	838	18	extract	extract	VERB
cjal-3321	838	19	enough	enough	ADJ
cjal-3321	838	20	816	816	NUM
cjal-3321	838	21	guanyu	guanyu	NOUN
cjal-3321	839	1	yinfa	yinfa	PROPN
cjal-3321	839	2	jianchi	jianchi	PROPN
cjal-3321	839	3	guoyougu	guoyougu	PROPN
cjal-3321	839	4	chouji	chouji	PROPN
cjal-3321	839	5	shehui	shehui	PROPN
cjal-3321	839	6	baozhang	baozhang	PROPN
cjal-3321	839	7	jijin	jijin	PROPN
cjal-3321	839	8	guanli	guanli	PROPN
cjal-3321	839	9	zanxing	zanxing	PROPN
cjal-3321	839	10	banfa	banfa	PROPN
cjal-3321	839	11	de	de	X
cjal-3321	839	12	tongzhi	tongzhi	PROPN
cjal-3321	839	13	(	(	PUNCT
cjal-3321	839	14	)	)	PUNCT
cjal-3321	839	15	--f	--f	PROPN
cjal-3321	839	16	il	il	PROPN
cjal-3321	839	17	&	&	CCONJ
cjal-3321	839	18	iam-.ifj	iam-.ifj	PROPN
cjal-3321	839	19	,	,	PUNCT
cjal-3321	839	20	flzr	flzr	PROPN
cjal-3321	839	21	-	-	PUNCT
cjal-3321	839	22	a	a	PRON
cjal-3321	839	23	,	,	PUNCT
cjal-3321	839	24	w	w	PROPN
cjal-3321	839	25	fw4	fw4	PROPN
cjal-3321	839	26	ja	ja	PROPN
cjal-3321	839	27	)	)	PUNCT
cjal-3321	840	1	[	[	X
cjal-3321	840	2	interim	interim	ADJ
cjal-3321	840	3	notice	notice	NOUN
cjal-3321	840	4	on	on	ADP
cjal-3321	840	5	reducing	reduce	VERB
cjal-3321	840	6	state	state	NOUN
cjal-3321	840	7	-	-	PUNCT
cjal-3321	840	8	owned	own	VERB
cjal-3321	840	9	stock	stock	NOUN
cjal-3321	840	10	share	share	NOUN
cjal-3321	840	11	to	to	PART
cjal-3321	840	12	raise	raise	VERB
cjal-3321	840	13	social	social	ADJ
cjal-3321	840	14	security	security	NOUN
cjal-3321	840	15	fund	fund	NOUN
cjal-3321	840	16	]	]	PUNCT
cjal-3321	840	17	(	(	PUNCT
cjal-3321	840	18	promulgated	promulgate	VERB
cjal-3321	840	19	by	by	ADP
cjal-3321	840	20	the	the	DET
cjal-3321	840	21	st	st	PROPN
cjal-3321	840	22	.	.	PROPN
cjal-3321	840	23	council	council	PROPN
cjal-3321	840	24	june	june	PROPN
cjal-3321	840	25	6	6	NUM
cjal-3321	840	26	,	,	PUNCT
cjal-3321	840	27	2001	2001	NUM
cjal-3321	840	28	,	,	PUNCT
cjal-3321	840	29	effective	effective	ADJ
cjal-3321	840	30	june	june	PROPN
cjal-3321	840	31	6	6	NUM
cjal-3321	840	32	,	,	PUNCT
cjal-3321	840	33	2001	2001	NUM
cjal-3321	840	34	)	)	PUNCT
cjal-3321	840	35	,	,	PUNCT
cjal-3321	840	36	http://www.ssf.gov.cn/xxgk/lfg/2oo9o4/t2oo9o427-91o.html	http://www.ssf.gov.cn/xxgk/lfg/2oo9o4/t2oo9o427-91o.html	NOUN
cjal-3321	840	37	.	.	PUNCT
cjal-3321	841	1	for	for	ADP
cjal-3321	841	2	further	further	ADJ
cjal-3321	841	3	discussion	discussion	NOUN
cjal-3321	841	4	,	,	PUNCT
cjal-3321	841	5	see	see	VERB
cjal-3321	841	6	lin	lin	PROPN
cjal-3321	841	7	rongrong	rongrong	PROPN
cjal-3321	841	8	(	(	PUNCT
cjal-3321	841	9	1l	1l	NUM
cjal-3321	841	10	)	)	PUNCT
cjal-3321	841	11	,	,	PUNCT
cjal-3321	841	12	daxing	daxe	VERB
cjal-3321	841	13	kunnan	kunnan	PROPN
cjal-3321	841	14	guoqi	guoqi	PROPN
cjal-3321	841	15	lizheng	lizheng	PROPN
cjal-3321	841	16	2oo8	2oo8	NUM
cjal-3321	841	17	nian	nian	ADJ
cjal-3321	841	18	quanbu	quanbu	NOUN
cjal-3321	841	19	tuishi	tuishi	PROPN
cjal-3321	841	20	(	(	PUNCT
cjal-3321	841	21	)	)	PUNCT
cjal-3321	841	22	klm	klm	PROPN
cjal-3321	841	23	i[)jjf	i[)jjf	PROPN
cjal-3321	841	24	2008	2008	NUM
cjal-3321	841	25	{	{	PUNCT
cjal-3321	841	26	l3ii	l3ii	PUNCT
cjal-3321	841	27	)	)	PUNCT
cjal-3321	842	1	[	[	X
cjal-3321	842	2	big	big	ADJ
cjal-3321	842	3	soes	soe	NOUN
cjal-3321	842	4	strive	strive	VERB
cjal-3321	842	5	to	to	PART
cjal-3321	842	6	delist	delist	VERB
cjal-3321	842	7	in	in	ADP
cjal-3321	842	8	2oo8	2oo8	NUM
cjal-3321	842	9	]	]	PUNCT
cjal-3321	842	10	,	,	PUNCT
cjal-3321	842	11	zhenggong	zhenggong	PROPN
cjal-3321	842	12	yanjiu	yanjiu	PROPN
cjal-3321	842	13	dongtai	dongtai	PROPN
cjal-3321	842	14	(	(	PUNCT
cjal-3321	842	15	&	&	CCONJ
cjal-3321	842	16	14	14	NUM
cjal-3321	842	17	1i)j4	1i)j4	NUM
cjal-3321	842	18	.	.	PUNCT
cjal-3321	842	19	)	)	PUNCT
cjal-3321	843	1	[	[	X
cjal-3321	843	2	res	re	NOUN
cjal-3321	843	3	.	.	PUNCT
cjal-3321	843	4	trends	trend	NOUN
cjal-3321	843	5	pol	pol	PROPN
cjal-3321	843	6	.	.	PUNCT
cjal-3321	844	1	bus	bus	PROPN
cjal-3321	844	2	.	.	PUNCT
cjal-3321	845	1	]	]	X
cjal-3321	845	2	,	,	PUNCT
cjal-3321	845	3	no	no	INTJ
cjal-3321	845	4	.	.	NOUN
cjal-3321	845	5	17	17	NUM
cjal-3321	845	6	,	,	PUNCT
cjal-3321	845	7	2005	2005	NUM
cjal-3321	845	8	,	,	PUNCT
cjal-3321	845	9	at	at	ADP
cjal-3321	845	10	i	i	PRON
cjal-3321	845	11	(	(	PUNCT
cjal-3321	845	12	discussing	discuss	VERB
cjal-3321	845	13	the	the	DET
cjal-3321	845	14	central	central	ADJ
cjal-3321	845	15	government	government	NOUN
cjal-3321	845	16	's	's	PART
cjal-3321	845	17	plan	plan	NOUN
cjal-3321	845	18	ofdelisting	ofdeliste	VERB
cjal-3321	845	19	big	big	ADJ
cjal-3321	845	20	soes	soe	NOUN
cjal-3321	845	21	)	)	PUNCT
cjal-3321	845	22	.	.	PUNCT
cjal-3321	846	1	,	,	PUNCT
cjal-3321	846	2	87	87	NUM
cjal-3321	846	3	see	see	VERB
cjal-3321	846	4	roberta	roberta	PROPN
cjal-3321	846	5	romano	romano	PROPN
cjal-3321	846	6	,	,	PUNCT
cjal-3321	846	7	answering	answer	VERB
cjal-3321	846	8	the	the	DET
cjal-3321	846	9	wrong	wrong	ADJ
cjal-3321	846	10	question	question	NOUN
cjal-3321	846	11	:	:	PUNCT
cjal-3321	846	12	the	the	DET
cjal-3321	846	13	tenuous	tenuous	ADJ
cjal-3321	846	14	case	case	NOUN
cjal-3321	846	15	for	for	ADP
cjal-3321	846	16	mandatory	mandatory	ADJ
cjal-3321	846	17	corporate	corporate	ADJ
cjal-3321	846	18	law	law	NOUN
cjal-3321	846	19	,	,	PUNCT
cjal-3321	846	20	89	89	NUM
cjal-3321	846	21	colum	colum	NOUN
cjal-3321	846	22	.	.	PUNCT
cjal-3321	847	1	l.	l.	PROPN
cjal-3321	847	2	rev	rev	PROPN
cjal-3321	847	3	.	.	PROPN
cjal-3321	847	4	1599	1599	NUM
cjal-3321	847	5	(	(	PUNCT
cjal-3321	847	6	1989	1989	NUM
cjal-3321	847	7	)	)	PUNCT
cjal-3321	847	8	.	.	PUNCT
cjal-3321	848	1	the	the	DET
cjal-3321	848	2	types	type	NOUN
cjal-3321	848	3	of	of	ADP
cjal-3321	848	4	transaction	transaction	NOUN
cjal-3321	848	5	costs	cost	NOUN
cjal-3321	848	6	vary	vary	VERB
cjal-3321	848	7	across	across	ADP
cjal-3321	848	8	different	different	ADJ
cjal-3321	848	9	cases	case	NOUN
cjal-3321	848	10	.	.	PUNCT
cjal-3321	849	1	one	one	NUM
cjal-3321	849	2	example	example	NOUN
cjal-3321	849	3	is	be	AUX
cjal-3321	849	4	that	that	SCONJ
cjal-3321	849	5	the	the	DET
cjal-3321	849	6	enabling	enable	VERB
cjal-3321	849	7	rule	rule	NOUN
cjal-3321	849	8	would	would	AUX
cjal-3321	849	9	also	also	ADV
cjal-3321	849	10	require	require	VERB
cjal-3321	849	11	investment	investment	NOUN
cjal-3321	849	12	in	in	ADP
cjal-3321	849	13	time	time	NOUN
cjal-3321	849	14	and	and	CCONJ
cjal-3321	849	15	effort	effort	NOUN
cjal-3321	849	16	for	for	ADP
cjal-3321	849	17	acquiring	acquire	VERB
cjal-3321	849	18	information	information	NOUN
cjal-3321	849	19	when	when	SCONJ
cjal-3321	849	20	deciding	decide	VERB
cjal-3321	849	21	whether	whether	SCONJ
cjal-3321	849	22	to	to	PART
cjal-3321	849	23	retain	retain	VERB
cjal-3321	849	24	the	the	DET
cjal-3321	849	25	mandatory	mandatory	ADJ
cjal-3321	849	26	bid	bid	NOUN
cjal-3321	849	27	rule	rule	NOUN
cjal-3321	849	28	.	.	PUNCT
cjal-3321	850	1	217	217	NUM
cjal-3321	850	2	columbia	columbia	PROPN
cjal-3321	850	3	journal	journal	PROPN
cjal-3321	850	4	of	of	ADP
cjal-3321	850	5	asian	asian	ADJ
cjal-3321	850	6	law	law	NOUN
cjal-3321	850	7	,	,	PUNCT
cjal-3321	850	8	vol	vol	NOUN
cjal-3321	850	9	.	.	PROPN
cjal-3321	850	10	25	25	NUM
cjal-3321	850	11	,	,	PUNCT
cjal-3321	850	12	no	no	INTJ
cjal-3321	850	13	.	.	NOUN
cjal-3321	850	14	2	2	NUM
cjal-3321	850	15	(	(	PUNCT
cjal-3321	850	16	2012	2012	NUM
cjal-3321	850	17	)	)	PUNCT
cjal-3321	850	18	profits	profit	NOUN
cjal-3321	850	19	to	to	PART
cjal-3321	850	20	encourage	encourage	VERB
cjal-3321	850	21	takeovers	takeover	NOUN
cjal-3321	850	22	.	.	PUNCT
cjal-3321	851	1	188	188	NUM
cjal-3321	851	2	if	if	SCONJ
cjal-3321	851	3	there	there	PRON
cjal-3321	851	4	were	be	VERB
cjal-3321	851	5	no	no	DET
cjal-3321	851	6	squeeze	squeeze	NOUN
cjal-3321	851	7	-	-	PUNCT
cjal-3321	851	8	out	out	NOUN
cjal-3321	851	9	right	right	NOUN
cjal-3321	851	10	,	,	PUNCT
cjal-3321	851	11	shareholders	shareholder	NOUN
cjal-3321	851	12	would	would	AUX
cjal-3321	851	13	be	be	AUX
cjal-3321	851	14	able	able	ADJ
cjal-3321	851	15	to	to	PART
cjal-3321	851	16	keep	keep	VERB
cjal-3321	851	17	their	their	PRON
cjal-3321	851	18	shares	share	NOUN
cjal-3321	851	19	and	and	CCONJ
cjal-3321	851	20	enjoy	enjoy	VERB
cjal-3321	851	21	any	any	DET
cjal-3321	851	22	post	post	ADJ
cjal-3321	851	23	-	-	ADJ
cjal-3321	851	24	takeover	takeover	ADJ
cjal-3321	851	25	premium	premium	NOUN
cjal-3321	851	26	in	in	ADP
cjal-3321	851	27	cases	case	NOUN
cjal-3321	851	28	where	where	SCONJ
cjal-3321	851	29	the	the	DET
cjal-3321	851	30	new	new	ADJ
cjal-3321	851	31	controller	controller	NOUN
cjal-3321	851	32	does	do	AUX
cjal-3321	851	33	institute	institute	VERB
cjal-3321	851	34	improvements	improvement	NOUN
cjal-3321	851	35	to	to	ADP
cjal-3321	851	36	the	the	DET
cjal-3321	851	37	target	target	NOUN
cjal-3321	851	38	company.19	company.19	VERB
cjal-3321	851	39	the	the	DET
cjal-3321	851	40	squeeze	squeeze	NOUN
cjal-3321	851	41	-	-	PUNCT
cjal-3321	851	42	out	out	NOUN
cjal-3321	851	43	right	right	NOUN
cjal-3321	851	44	is	be	AUX
cjal-3321	851	45	therefore	therefore	ADV
cjal-3321	851	46	a	a	DET
cjal-3321	851	47	takeover	takeover	NOUN
cjal-3321	851	48	-	-	PUNCT
cjal-3321	851	49	friendly	friendly	ADJ
cjal-3321	851	50	mechanism	mechanism	NOUN
cjal-3321	851	51	and	and	CCONJ
cjal-3321	851	52	can	can	AUX
cjal-3321	851	53	be	be	AUX
cjal-3321	851	54	found	find	VERB
cjal-3321	851	55	in	in	ADP
cjal-3321	851	56	the	the	DET
cjal-3321	851	57	takeover	takeover	NOUN
cjal-3321	851	58	laws	law	NOUN
cjal-3321	851	59	of	of	ADP
cjal-3321	851	60	many	many	ADJ
cjal-3321	851	61	jurisdictions	jurisdiction	NOUN
cjal-3321	851	62	.	.	PUNCT
cjal-3321	851	63	'	'	PUNCT
cjal-3321	852	1	90	90	NUM
cjal-3321	852	2	the	the	DET
cjal-3321	852	3	measures	measure	NOUN
cjal-3321	852	4	also	also	ADV
cjal-3321	852	5	allow	allow	VERB
cjal-3321	852	6	for	for	ADP
cjal-3321	852	7	the	the	DET
cjal-3321	852	8	squeeze	squeeze	NOUN
cjal-3321	852	9	-	-	PUNCT
cjal-3321	852	10	out	out	NOUN
cjal-3321	852	11	mechanism	mechanism	NOUN
cjal-3321	852	12	.	.	PUNCT
cjal-3321	852	13	'	'	PUNCT
cjal-3321	853	1	9	9	NUM
cjal-3321	853	2	'	'	PUNCT
cjal-3321	853	3	nevertheless	nevertheless	ADV
cjal-3321	853	4	,	,	PUNCT
cjal-3321	853	5	they	they	PRON
cjal-3321	853	6	fail	fail	VERB
cjal-3321	853	7	to	to	PART
cjal-3321	853	8	provide	provide	VERB
cjal-3321	853	9	specific	specific	ADJ
cjal-3321	853	10	procedures	procedure	NOUN
cjal-3321	853	11	for	for	ADP
cjal-3321	853	12	conducting	conduct	VERB
cjal-3321	853	13	a	a	DET
cjal-3321	853	14	squeeze	squeeze	NOUN
cjal-3321	853	15	-	-	PUNCT
cjal-3321	853	16	out	out	NOUN
cjal-3321	853	17	and	and	CCONJ
cjal-3321	853	18	calculating	calculate	VERB
cjal-3321	853	19	the	the	DET
cjal-3321	853	20	squeeze	squeeze	NOUN
cjal-3321	853	21	-	-	PUNCT
cjal-3321	853	22	out	out	ADP
cjal-3321	853	23	price	price	NOUN
cjal-3321	853	24	.	.	PUNCT
cjal-3321	854	1	to	to	PART
cjal-3321	854	2	improve	improve	VERB
cjal-3321	854	3	the	the	DET
cjal-3321	854	4	squeeze	squeeze	NOUN
cjal-3321	854	5	-	-	PUNCT
cjal-3321	854	6	out	out	ADP
cjal-3321	854	7	rule	rule	NOUN
cjal-3321	854	8	,	,	PUNCT
cjal-3321	854	9	china	china	PROPN
cjal-3321	854	10	should	should	AUX
cjal-3321	854	11	not	not	PART
cjal-3321	854	12	look	look	VERB
cjal-3321	854	13	to	to	PART
cjal-3321	854	14	simply	simply	ADV
cjal-3321	854	15	transplant	transplant	VERB
cjal-3321	854	16	the	the	DET
cjal-3321	854	17	advanced	advanced	ADJ
cjal-3321	854	18	u.s	u.s	PROPN
cjal-3321	854	19	.	.	PROPN
cjal-3321	854	20	rule	rule	NOUN
cjal-3321	854	21	into	into	ADP
cjal-3321	854	22	its	its	PRON
cjal-3321	854	23	takeover	takeover	NOUN
cjal-3321	854	24	laws	law	NOUN
cjal-3321	854	25	.	.	PUNCT
cjal-3321	855	1	the	the	DET
cjal-3321	855	2	u.s	u.s	PROPN
cjal-3321	855	3	.	.	PROPN
cjal-3321	855	4	rule	rule	NOUN
cjal-3321	855	5	is	be	AUX
cjal-3321	855	6	too	too	ADV
cjal-3321	855	7	complicated	complicated	ADJ
cjal-3321	855	8	to	to	PART
cjal-3321	855	9	achieve	achieve	VERB
cjal-3321	855	10	in	in	ADP
cjal-3321	855	11	china	china	PROPN
cjal-3321	855	12	.	.	PUNCT
cjal-3321	856	1	for	for	ADP
cjal-3321	856	2	example	example	NOUN
cjal-3321	856	3	,	,	PUNCT
cjal-3321	856	4	under	under	ADP
cjal-3321	856	5	the	the	DET
cjal-3321	856	6	american	american	ADJ
cjal-3321	856	7	rule	rule	NOUN
cjal-3321	856	8	,	,	PUNCT
cjal-3321	856	9	a	a	DET
cjal-3321	856	10	merger	merger	NOUN
cjal-3321	856	11	squeeze	squeeze	NOUN
cjal-3321	856	12	-	-	PUNCT
cjal-3321	856	13	out	out	NOUN
cjal-3321	856	14	requires	require	VERB
cjal-3321	856	15	a	a	DET
cjal-3321	856	16	special	special	ADJ
cjal-3321	856	17	committee	committee	NOUN
cjal-3321	856	18	of	of	ADP
cjal-3321	856	19	independent	independent	ADJ
cjal-3321	856	20	directors	director	NOUN
cjal-3321	856	21	to	to	PART
cjal-3321	856	22	negotiate	negotiate	VERB
cjal-3321	856	23	the	the	DET
cjal-3321	856	24	squeeze	squeeze	NOUN
cjal-3321	856	25	-	-	PUNCT
cjal-3321	856	26	out	out	ADP
cjal-3321	856	27	price	price	NOUN
cjal-3321	856	28	with	with	ADP
cjal-3321	856	29	the	the	DET
cjal-3321	856	30	new	new	ADJ
cjal-3321	856	31	controller	controller	NOUN
cjal-3321	856	32	.	.	PUNCT
cjal-3321	857	1	'9	'9	NOUN
cjal-3321	858	1	2	2	NUM
cjal-3321	858	2	however	however	ADV
cjal-3321	858	3	,	,	PUNCT
cjal-3321	858	4	having	have	VERB
cjal-3321	858	5	a	a	DET
cjal-3321	858	6	special	special	ADJ
cjal-3321	858	7	committee	committee	NOUN
cjal-3321	858	8	is	be	AUX
cjal-3321	858	9	an	an	DET
cjal-3321	858	10	expensive	expensive	ADJ
cjal-3321	858	11	and	and	CCONJ
cjal-3321	858	12	alien	alien	ADJ
cjal-3321	858	13	concept	concept	NOUN
cjal-3321	858	14	for	for	ADP
cjal-3321	858	15	today	today	NOUN
cjal-3321	858	16	's	's	PART
cjal-3321	858	17	corporate	corporate	ADJ
cjal-3321	858	18	china	china	PROPN
cjal-3321	858	19	.	.	PUNCT
cjal-3321	859	1	furthermore	furthermore	ADV
cjal-3321	859	2	,	,	PUNCT
cjal-3321	859	3	not	not	PART
cjal-3321	859	4	only	only	ADV
cjal-3321	859	5	is	be	AUX
cjal-3321	859	6	defining	define	VERB
cjal-3321	859	7	who	who	PRON
cjal-3321	859	8	qualifies	qualify	VERB
cjal-3321	859	9	as	as	ADP
cjal-3321	859	10	an	an	DET
cjal-3321	859	11	independent	independent	ADJ
cjal-3321	859	12	director	director	NOUN
cjal-3321	859	13	difficult	difficult	ADJ
cjal-3321	859	14	,	,	PUNCT
cjal-3321	859	15	but	but	CCONJ
cjal-3321	859	16	it	it	PRON
cjal-3321	859	17	remains	remain	VERB
cjal-3321	859	18	controversial	controversial	ADJ
cjal-3321	859	19	whether	whether	SCONJ
cjal-3321	859	20	the	the	DET
cjal-3321	859	21	independent	independent	ADJ
cjal-3321	859	22	directors	director	NOUN
cjal-3321	859	23	can	can	AUX
cjal-3321	859	24	maintain	maintain	VERB
cjal-3321	859	25	their	their	PRON
cjal-3321	859	26	independence	independence	NOUN
cjal-3321	859	27	.	.	PUNCT
cjal-3321	860	1	additionally	additionally	ADV
cjal-3321	860	2	,	,	PUNCT
cjal-3321	860	3	the	the	DET
cjal-3321	860	4	concept	concept	NOUN
cjal-3321	860	5	of	of	ADP
cjal-3321	860	6	a	a	DET
cjal-3321	860	7	short	short	ADJ
cjal-3321	860	8	form	form	NOUN
cjal-3321	860	9	merger	merger	NOUN
cjal-3321	860	10	,	,	PUNCT
cjal-3321	860	11	a	a	DET
cjal-3321	860	12	key	key	ADJ
cjal-3321	860	13	type	type	NOUN
cjal-3321	860	14	of	of	ADP
cjal-3321	860	15	squeeze	squeeze	NOUN
cjal-3321	860	16	-	-	PUNCT
cjal-3321	860	17	out	out	ADP
cjal-3321	860	18	mechanism	mechanism	NOUN
cjal-3321	860	19	,	,	PUNCT
cjal-3321	860	20	is	be	AUX
cjal-3321	860	21	not	not	PART
cjal-3321	860	22	yet	yet	ADV
cjal-3321	860	23	recognized	recognize	VERB
cjal-3321	860	24	by	by	ADP
cjal-3321	860	25	chinese	chinese	ADJ
cjal-3321	860	26	law	law	NOUN
cjal-3321	860	27	.	.	PUNCT
cjal-3321	861	1	a	a	DET
cjal-3321	861	2	simple	simple	ADJ
cjal-3321	861	3	importation	importation	NOUN
cjal-3321	861	4	of	of	ADP
cjal-3321	861	5	the	the	DET
cjal-3321	861	6	u.s	u.s	PROPN
cjal-3321	861	7	.	.	PROPN
cjal-3321	861	8	rule	rule	NOUN
cjal-3321	861	9	will	will	AUX
cjal-3321	861	10	likely	likely	ADV
cjal-3321	861	11	paralyze	paralyze	VERB
cjal-3321	861	12	the	the	DET
cjal-3321	861	13	judiciary	judiciary	NOUN
cjal-3321	861	14	and	and	CCONJ
cjal-3321	861	15	lead	lead	VERB
cjal-3321	861	16	to	to	ADP
cjal-3321	861	17	misapplication	misapplication	NOUN
cjal-3321	861	18	.	.	PUNCT
cjal-3321	862	1	therefore	therefore	ADV
cjal-3321	862	2	,	,	PUNCT
cjal-3321	862	3	the	the	DET
cjal-3321	862	4	chinese	chinese	ADJ
cjal-3321	862	5	takeover	takeover	NOUN
cjal-3321	862	6	legislation	legislation	NOUN
cjal-3321	862	7	needs	need	VERB
cjal-3321	862	8	a	a	DET
cjal-3321	862	9	more	more	ADV
cjal-3321	862	10	simplified	simplified	ADJ
cjal-3321	862	11	and	and	CCONJ
cjal-3321	862	12	practical	practical	ADJ
cjal-3321	862	13	squeeze	squeeze	NOUN
cjal-3321	862	14	-	-	PUNCT
cjal-3321	862	15	out	out	NOUN
cjal-3321	862	16	rule	rule	NOUN
cjal-3321	862	17	or	or	CCONJ
cjal-3321	862	18	framework	framework	NOUN
cjal-3321	862	19	in	in	ADP
cjal-3321	862	20	order	order	NOUN
cjal-3321	862	21	to	to	PART
cjal-3321	862	22	reduce	reduce	VERB
cjal-3321	862	23	the	the	DET
cjal-3321	862	24	possibility	possibility	NOUN
cjal-3321	862	25	that	that	SCONJ
cjal-3321	862	26	a	a	DET
cjal-3321	862	27	controlling	control	VERB
cjal-3321	862	28	shareholder	shareholder	NOUN
cjal-3321	862	29	will	will	AUX
cjal-3321	862	30	arbitrage	arbitrage	VERB
cjal-3321	862	31	through	through	ADP
cjal-3321	862	32	an	an	DET
cjal-3321	862	33	incomplete	incomplete	ADJ
cjal-3321	862	34	squeeze	squeeze	NOUN
cjal-3321	862	35	-	-	PUNCT
cjal-3321	862	36	out	out	ADP
cjal-3321	862	37	rule	rule	NOUN
cjal-3321	862	38	.	.	PUNCT
cjal-3321	863	1	a	a	DET
cjal-3321	863	2	pivotal	pivotal	ADJ
cjal-3321	863	3	idea	idea	NOUN
cjal-3321	863	4	of	of	ADP
cjal-3321	863	5	the	the	DET
cjal-3321	863	6	squeeze	squeeze	NOUN
cjal-3321	863	7	-	-	PUNCT
cjal-3321	863	8	out	out	ADP
cjal-3321	863	9	rule	rule	NOUN
cjal-3321	863	10	is	be	AUX
cjal-3321	863	11	the	the	DET
cjal-3321	863	12	fairness	fairness	NOUN
cjal-3321	863	13	evaluation	evaluation	NOUN
cjal-3321	863	14	of	of	ADP
cjal-3321	863	15	the	the	DET
cjal-3321	863	16	controlling	control	VERB
cjal-3321	863	17	shareholder	shareholder	NOUN
cjal-3321	863	18	's	's	PART
cjal-3321	863	19	offer	offer	NOUN
cjal-3321	863	20	.	.	PUNCT
cjal-3321	864	1	the	the	DET
cjal-3321	864	2	current	current	ADJ
cjal-3321	864	3	law	law	NOUN
cjal-3321	864	4	does	do	AUX
cjal-3321	864	5	not	not	PART
cjal-3321	864	6	provide	provide	VERB
cjal-3321	864	7	any	any	DET
cjal-3321	864	8	parameter	parameter	NOUN
cjal-3321	864	9	for	for	ADP
cjal-3321	864	10	calibrating	calibrate	VERB
cjal-3321	864	11	the	the	DET
cjal-3321	864	12	squeeze	squeeze	NOUN
cjal-3321	864	13	-	-	PUNCT
cjal-3321	864	14	out	out	ADP
cjal-3321	864	15	price	price	NOUN
cjal-3321	864	16	when	when	SCONJ
cjal-3321	864	17	the	the	DET
cjal-3321	864	18	price	price	NOUN
cjal-3321	864	19	is	be	AUX
cjal-3321	864	20	paid	pay	VERB
cjal-3321	864	21	in	in	ADP
cjal-3321	864	22	the	the	DET
cjal-3321	864	23	form	form	NOUN
cjal-3321	864	24	of	of	ADP
cjal-3321	864	25	non	non	ADJ
cjal-3321	864	26	-	-	ADJ
cjal-3321	864	27	publicly	publicly	ADV
cjal-3321	864	28	traded	trade	VERB
cjal-3321	864	29	equity	equity	NOUN
cjal-3321	864	30	.	.	PUNCT
cjal-3321	865	1	this	this	DET
cjal-3321	865	2	valuation	valuation	NOUN
cjal-3321	865	3	problem	problem	NOUN
cjal-3321	865	4	,	,	PUNCT
cjal-3321	865	5	however	however	ADV
cjal-3321	865	6	,	,	PUNCT
cjal-3321	865	7	can	can	AUX
cjal-3321	865	8	be	be	AUX
cjal-3321	865	9	solved	solve	VERB
cjal-3321	865	10	by	by	ADP
cjal-3321	865	11	requiring	require	VERB
cjal-3321	865	12	a	a	DET
cjal-3321	865	13	third	third	ADJ
cjal-3321	865	14	party	party	NOUN
cjal-3321	865	15	,	,	PUNCT
cjal-3321	865	16	such	such	ADJ
cjal-3321	865	17	as	as	ADP
cjal-3321	865	18	a	a	DET
cjal-3321	865	19	bank	bank	NOUN
cjal-3321	865	20	or	or	CCONJ
cjal-3321	865	21	an	an	DET
cjal-3321	865	22	accounting	accounting	NOUN
cjal-3321	865	23	firm	firm	NOUN
cjal-3321	865	24	,	,	PUNCT
cjal-3321	865	25	to	to	PART
cjal-3321	865	26	assess	assess	VERB
cjal-3321	865	27	the	the	DET
cjal-3321	865	28	value	value	NOUN
cjal-3321	865	29	of	of	ADP
cjal-3321	865	30	the	the	DET
cjal-3321	865	31	offered	offer	VERB
cjal-3321	865	32	consideration	consideration	NOUN
cjal-3321	865	33	.	.	PUNCT
cjal-3321	866	1	once	once	SCONJ
cjal-3321	866	2	the	the	DET
cjal-3321	866	3	valuation	valuation	NOUN
cjal-3321	866	4	has	have	AUX
cjal-3321	866	5	been	be	AUX
cjal-3321	866	6	made	make	VERB
cjal-3321	866	7	,	,	PUNCT
cjal-3321	866	8	management	management	NOUN
cjal-3321	866	9	should	should	AUX
cjal-3321	866	10	be	be	AUX
cjal-3321	866	11	obligated	obligate	VERB
cjal-3321	866	12	to	to	PART
cjal-3321	866	13	protect	protect	VERB
cjal-3321	866	14	minority	minority	NOUN
cjal-3321	866	15	shareholders	shareholder	NOUN
cjal-3321	866	16	'	'	PUNCT
cjal-3321	866	17	from	from	ADP
cjal-3321	866	18	an	an	DET
cjal-3321	866	19	unfair	unfair	ADJ
cjal-3321	866	20	squeeze	squeeze	NOUN
cjal-3321	866	21	-	-	PUNCT
cjal-3321	866	22	out	out	NOUN
cjal-3321	866	23	.	.	PUNCT
cjal-3321	867	1	although	although	SCONJ
cjal-3321	867	2	there	there	PRON
cjal-3321	867	3	are	be	VERB
cjal-3321	867	4	risks	risk	NOUN
cjal-3321	867	5	in	in	ADP
cjal-3321	867	6	relying	rely	VERB
cjal-3321	867	7	on	on	ADP
cjal-3321	867	8	an	an	DET
cjal-3321	867	9	outside	outside	ADJ
cjal-3321	867	10	consultant	consultant	NOUN
cjal-3321	867	11	's	's	PART
cjal-3321	867	12	opinion	opinion	NOUN
cjal-3321	867	13	,	,	PUNCT
cjal-3321	867	14	this	this	DET
cjal-3321	867	15	third	third	ADJ
cjal-3321	867	16	-	-	PUNCT
cjal-3321	867	17	party	party	NOUN
cjal-3321	867	18	involvement	involvement	NOUN
cjal-3321	867	19	provides	provide	VERB
cjal-3321	867	20	minority	minority	NOUN
cjal-3321	867	21	shareholders	shareholder	NOUN
cjal-3321	867	22	with	with	ADP
cjal-3321	867	23	a	a	DET
cjal-3321	867	24	relatively	relatively	ADV
cjal-3321	867	25	reliable	reliable	ADJ
cjal-3321	867	26	benchmark	benchmark	NOUN
cjal-3321	867	27	that	that	PRON
cjal-3321	867	28	is	be	AUX
cjal-3321	867	29	preferable	preferable	ADJ
cjal-3321	867	30	to	to	ADP
cjal-3321	867	31	no	no	DET
cjal-3321	867	32	standard	standard	NOUN
cjal-3321	867	33	at	at	ADV
cjal-3321	867	34	all	all	ADV
cjal-3321	867	35	.	.	PUNCT
cjal-3321	868	1	with	with	ADP
cjal-3321	868	2	this	this	DET
cjal-3321	868	3	preliminary	preliminary	ADJ
cjal-3321	868	4	refor.m	refor.m	NOUN
cjal-3321	868	5	as	as	ADP
cjal-3321	868	6	a	a	DET
cjal-3321	868	7	starting	starting	NOUN
cjal-3321	868	8	point	point	NOUN
cjal-3321	868	9	,	,	PUNCT
cjal-3321	868	10	the	the	DET
cjal-3321	868	11	judiciary	judiciary	NOUN
cjal-3321	868	12	can	can	AUX
cjal-3321	868	13	further	far	ADV
cjal-3321	868	14	refine	refine	VERB
cjal-3321	868	15	the	the	DET
cjal-3321	868	16	general	general	ADJ
cjal-3321	868	17	squeeze	squeeze	NOUN
cjal-3321	868	18	-	-	PUNCT
cjal-3321	868	19	out	out	ADP
cjal-3321	868	20	rule	rule	NOUN
cjal-3321	868	21	when	when	SCONJ
cjal-3321	868	22	the	the	DET
cjal-3321	868	23	resulting	result	VERB
cjal-3321	868	24	breach	breach	NOUN
cjal-3321	868	25	of	of	ADP
cjal-3321	868	26	fiduciary	fiduciary	ADJ
cjal-3321	868	27	duty	duty	NOUN
cjal-3321	868	28	claims	claim	NOUN
cjal-3321	868	29	are	be	AUX
cjal-3321	868	30	brought	bring	VERB
cjal-3321	868	31	to	to	ADP
cjal-3321	868	32	courts	court	NOUN
cjal-3321	868	33	.	.	PUNCT
cjal-3321	869	1	m	m	PROPN
cjal-3321	869	2	grossman	grossman	PROPN
cjal-3321	869	3	&	&	CCONJ
cjal-3321	869	4	hart	hart	PROPN
cjal-3321	869	5	,	,	PUNCT
cjal-3321	869	6	supra	supra	PROPN
cjal-3321	869	7	note	note	PROPN
cjal-3321	869	8	16o	16o	PROPN
cjal-3321	869	9	,	,	PUNCT
cjal-3321	869	10	at	at	ADP
cjal-3321	869	11	327	327	NUM
cjal-3321	869	12	.	.	PUNCT
cjal-3321	870	1	'	'	NUM
cjal-3321	870	2	89	89	NUM
cjal-3321	871	1	i	i	PRON
cjal-3321	871	2	d.	d.	PROPN
cjal-3321	871	3	'	'	PROPN
cjal-3321	871	4	90	90	NUM
cjal-3321	871	5	for	for	ADP
cjal-3321	871	6	example	example	NOUN
cjal-3321	871	7	,	,	PUNCT
cjal-3321	871	8	in	in	ADP
cjal-3321	871	9	the	the	DET
cjal-3321	871	10	united	united	PROPN
cjal-3321	871	11	states	states	PROPN
cjal-3321	871	12	,	,	PUNCT
cjal-3321	871	13	the	the	DET
cjal-3321	871	14	williams	williams	PROPN
cjal-3321	871	15	amendment	amendment	PROPN
cjal-3321	871	16	to	to	ADP
cjal-3321	871	17	the	the	DET
cjal-3321	871	18	securities	securities	PROPN
cjal-3321	871	19	exchange	exchange	PROPN
cjal-3321	871	20	act	act	NOUN
cjal-3321	871	21	of	of	ADP
cjal-3321	871	22	1934	1934	NUM
cjal-3321	871	23	recognizes	recognize	VERB
cjal-3321	871	24	that	that	SCONJ
cjal-3321	871	25	minority	minority	NOUN
cjal-3321	871	26	squeeze	squeeze	NOUN
cjal-3321	871	27	-	-	PUNCT
cjal-3321	871	28	outs	out	NOUN
cjal-3321	871	29	play	play	VERB
cjal-3321	871	30	a	a	DET
cjal-3321	871	31	role	role	NOUN
cjal-3321	871	32	in	in	ADP
cjal-3321	871	33	the	the	DET
cjal-3321	871	34	takeover	takeover	NOUN
cjal-3321	871	35	process	process	NOUN
cjal-3321	871	36	.	.	PUNCT
cjal-3321	872	1	see	see	VERB
cjal-3321	872	2	i	i	PRON
cjal-3321	872	3	d.	d.	PROPN
cjal-3321	872	4	at	at	ADP
cjal-3321	872	5	329	329	NUM
cjal-3321	872	6	.	.	PUNCT
cjal-3321	873	1	191	191	NUM
cjal-3321	873	2	measures	measure	NOUN
cjal-3321	873	3	for	for	ADP
cjal-3321	873	4	administration	administration	NOUN
cjal-3321	873	5	of	of	ADP
cjal-3321	873	6	takeovers	takeover	NOUN
cjal-3321	873	7	,	,	PUNCT
cjal-3321	873	8	supra	supra	PROPN
cjal-3321	873	9	note	note	NOUN
cjal-3321	873	10	6	6	NUM
cjal-3321	873	11	,	,	PUNCT
cjal-3321	873	12	art	art	NOUN
cjal-3321	873	13	.	.	PUNCT
cjal-3321	874	1	44	44	NUM
cjal-3321	874	2	.	.	PUNCT
cjal-3321	875	1	see	see	VERB
cjal-3321	875	2	also	also	ADV
cjal-3321	875	3	peng	peng	PROPN
cjal-3321	875	4	,	,	PUNCT
cjal-3321	875	5	supra	supra	PROPN
cjal-3321	875	6	note	note	PROPN
cjal-3321	875	7	4	4	NUM
cjal-3321	875	8	,	,	PUNCT
cjal-3321	875	9	at	at	ADP
cjal-3321	875	10	284	284	NUM
cjal-3321	875	11	.	.	PUNCT
cjal-3321	876	1	192	192	NUM
cjal-3321	876	2	guhan	guhan	PROPN
cjal-3321	876	3	subramanian	subramanian	PROPN
cjal-3321	876	4	,	,	PUNCT
cjal-3321	876	5	post	post	ADJ
cjal-3321	876	6	-	-	ADJ
cjal-3321	876	7	siliconix	siliconix	ADJ
cjal-3321	876	8	freeze	freeze	NOUN
cjal-3321	876	9	-	-	PUNCT
cjal-3321	876	10	outs	out	NOUN
cjal-3321	876	11	:	:	PUNCT
cjal-3321	876	12	theory	theory	NOUN
cjal-3321	876	13	and	and	CCONJ
cjal-3321	876	14	evidence	evidence	NOUN
cjal-3321	876	15	,	,	PUNCT
cjal-3321	876	16	36	36	NUM
cjal-3321	876	17	j.	j.	PROPN
cjal-3321	876	18	legal	legal	ADJ
cjal-3321	876	19	stud	stud	NOUN
cjal-3321	876	20	.	.	PUNCT
cjal-3321	877	1	1	1	NUM
cjal-3321	877	2	,	,	PUNCT
cjal-3321	877	3	3	3	NUM
cjal-3321	877	4	(	(	PUNCT
cjal-3321	877	5	2007	2007	NUM
cjal-3321	877	6	)	)	PUNCT
cjal-3321	877	7	.	.	PUNCT
cjal-3321	878	1	the	the	DET
cjal-3321	878	2	efficacy	efficacy	NOUN
cjal-3321	878	3	of	of	ADP
cjal-3321	878	4	chinese	chinese	ADJ
cjal-3321	878	5	takeover	takeover	NOUN
cjal-3321	878	6	laws	law	NOUN
cjal-3321	878	7	b.	b.	PROPN
cjal-3321	878	8	changes	change	NOUN
cjal-3321	878	9	to	to	ADP
cjal-3321	878	10	the	the	DET
cjal-3321	878	11	private	private	ADJ
cjal-3321	878	12	enforcement	enforcement	NOUN
cjal-3321	878	13	framework	framework	NOUN
cjal-3321	878	14	1	1	NUM
cjal-3321	878	15	.	.	PUNCT
cjal-3321	878	16	fiduciary	fiduciary	ADJ
cjal-3321	878	17	duty	duty	NOUN
cjal-3321	878	18	jurisprudence	jurisprudence	NOUN
cjal-3321	878	19	as	as	SCONJ
cjal-3321	878	20	mentioned	mention	VERB
cjal-3321	878	21	in	in	ADP
cjal-3321	878	22	part	part	NOUN
cjal-3321	878	23	1.b	1.b	NUM
cjal-3321	878	24	,	,	PUNCT
cjal-3321	878	25	the	the	DET
cjal-3321	878	26	chinese	chinese	ADJ
cjal-3321	878	27	legislature	legislature	NOUN
cjal-3321	878	28	incorporated	incorporate	VERB
cjal-3321	878	29	fiduciary	fiduciary	ADJ
cjal-3321	878	30	duties	duty	NOUN
cjal-3321	878	31	into	into	ADP
cjal-3321	878	32	its	its	PRON
cjal-3321	878	33	business	business	NOUN
cjal-3321	878	34	laws	law	NOUN
cjal-3321	878	35	in	in	ADP
cjal-3321	878	36	2005.193	2005.193	NUM
cjal-3321	878	37	many	many	ADJ
cjal-3321	878	38	observers	observer	NOUN
cjal-3321	878	39	have	have	AUX
cjal-3321	878	40	noted	note	VERB
cjal-3321	878	41	the	the	DET
cjal-3321	878	42	incompleteness	incompleteness	NOUN
cjal-3321	878	43	of	of	ADP
cjal-3321	878	44	the	the	DET
cjal-3321	878	45	fiduciary	fiduciary	ADJ
cjal-3321	878	46	duty	duty	NOUN
cjal-3321	878	47	jurisprudence	jurisprudence	NOUN
cjal-3321	878	48	that	that	PRON
cjal-3321	878	49	has	have	AUX
cjal-3321	878	50	developed	develop	VERB
cjal-3321	878	51	since	since	SCONJ
cjal-3321	878	52	then	then	ADV
cjal-3321	878	53	.	.	PUNCT
cjal-3321	879	1	'	'	PUNCT
cjal-3321	879	2	94	94	NUM
cjal-3321	879	3	take	take	NOUN
cjal-3321	879	4	article	article	NOUN
cjal-3321	879	5	8	8	NUM
cjal-3321	879	6	of	of	ADP
cjal-3321	879	7	the	the	DET
cjal-3321	879	8	measures	measure	NOUN
cjal-3321	879	9	,	,	PUNCT
cjal-3321	879	10	for	for	ADP
cjal-3321	879	11	instance	instance	NOUN
cjal-3321	879	12	.	.	PUNCT
cjal-3321	880	1	the	the	DET
cjal-3321	880	2	provision	provision	NOUN
cjal-3321	880	3	states	state	VERB
cjal-3321	880	4	that	that	SCONJ
cjal-3321	880	5	board	board	NOUN
cjal-3321	880	6	members	member	NOUN
cjal-3321	880	7	and	and	CCONJ
cjal-3321	880	8	senior	senior	ADJ
cjal-3321	880	9	executives	executive	NOUN
cjal-3321	880	10	may	may	AUX
cjal-3321	880	11	not	not	PART
cjal-3321	880	12	show	show	VERB
cjal-3321	880	13	preference	preference	NOUN
cjal-3321	880	14	to	to	ADP
cjal-3321	880	15	any	any	DET
cjal-3321	880	16	bidder	bidder	NOUN
cjal-3321	880	17	and	and	CCONJ
cjal-3321	880	18	must	must	AUX
cjal-3321	880	19	base	base	VERB
cjal-3321	880	20	any	any	DET
cjal-3321	880	21	antitakeover	antitakeover	ADJ
cjal-3321	880	22	decision	decision	NOUN
cjal-3321	880	23	on	on	ADP
cjal-3321	880	24	the	the	DET
cjal-3321	880	25	interests	interest	NOUN
cjal-3321	880	26	of	of	ADP
cjal-3321	880	27	the	the	DET
cjal-3321	880	28	target	target	NOUN
cjal-3321	880	29	company	company	NOUN
cjal-3321	880	30	and	and	CCONJ
cjal-3321	880	31	its	its	PRON
cjal-3321	880	32	shareholders	shareholder	NOUN
cjal-3321	880	33	.	.	PUNCT
cjal-3321	881	1	'	'	NUM
cjal-3321	881	2	95	95	NUM
cjal-3321	881	3	although	although	SCONJ
cjal-3321	881	4	this	this	DET
cjal-3321	881	5	"	"	PUNCT
cjal-3321	881	6	equal	equal	ADJ
cjal-3321	881	7	treatment	treatment	NOUN
cjal-3321	881	8	"	"	PUNCT
cjal-3321	881	9	provision	provision	NOUN
cjal-3321	881	10	articulates	articulate	VERB
cjal-3321	881	11	general	general	ADJ
cjal-3321	881	12	principles	principle	NOUN
cjal-3321	881	13	that	that	PRON
cjal-3321	881	14	board	board	NOUN
cjal-3321	881	15	members	member	NOUN
cjal-3321	881	16	and	and	CCONJ
cjal-3321	881	17	senior	senior	ADJ
cjal-3321	881	18	executives	executive	NOUN
cjal-3321	881	19	must	must	AUX
cjal-3321	881	20	follow	follow	VERB
cjal-3321	881	21	,	,	PUNCT
cjal-3321	881	22	it	it	PRON
cjal-3321	881	23	is	be	AUX
cjal-3321	881	24	still	still	ADV
cjal-3321	881	25	vague	vague	ADJ
cjal-3321	881	26	and	and	CCONJ
cjal-3321	881	27	can	can	AUX
cjal-3321	881	28	be	be	AUX
cjal-3321	881	29	misleading	mislead	VERB
cjal-3321	881	30	in	in	ADP
cjal-3321	881	31	practice	practice	NOUN
cjal-3321	881	32	.	.	PUNCT
cjal-3321	882	1	first	first	ADV
cjal-3321	882	2	,	,	PUNCT
cjal-3321	882	3	"	"	PUNCT
cjal-3321	882	4	equal	equal	ADJ
cjal-3321	882	5	treatment	treatment	NOUN
cjal-3321	882	6	"	"	PUNCT
cjal-3321	882	7	is	be	AUX
cjal-3321	882	8	extremely	extremely	ADV
cjal-3321	882	9	difficult	difficult	ADJ
cjal-3321	882	10	to	to	PART
cjal-3321	882	11	define	define	VERB
cjal-3321	882	12	and	and	CCONJ
cjal-3321	882	13	should	should	AUX
cjal-3321	882	14	be	be	AUX
cjal-3321	882	15	replaced	replace	VERB
cjal-3321	882	16	by	by	ADP
cjal-3321	882	17	a	a	DET
cjal-3321	882	18	more	more	ADV
cjal-3321	882	19	concrete	concrete	ADJ
cjal-3321	882	20	standard	standard	NOUN
cjal-3321	882	21	.	.	PUNCT
cjal-3321	883	1	in	in	ADP
cjal-3321	883	2	a	a	DET
cjal-3321	883	3	situation	situation	NOUN
cjal-3321	883	4	in	in	ADP
cjal-3321	883	5	which	which	PRON
cjal-3321	883	6	the	the	DET
cjal-3321	883	7	board	board	NOUN
cjal-3321	883	8	will	will	AUX
cjal-3321	883	9	inevitably	inevitably	ADV
cjal-3321	883	10	have	have	VERB
cjal-3321	883	11	to	to	PART
cjal-3321	883	12	pick	pick	VERB
cjal-3321	883	13	one	one	NUM
cjal-3321	883	14	bidder	bidder	NOUN
cjal-3321	883	15	over	over	ADP
cjal-3321	883	16	the	the	DET
cjal-3321	883	17	others	other	NOUN
cjal-3321	883	18	,	,	PUNCT
cjal-3321	883	19	absolute	absolute	ADJ
cjal-3321	883	20	equal	equal	ADJ
cjal-3321	883	21	treatment	treatment	NOUN
cjal-3321	883	22	for	for	ADP
cjal-3321	883	23	all	all	DET
cjal-3321	883	24	bidders	bidder	NOUN
cjal-3321	883	25	is	be	AUX
cjal-3321	883	26	impossible	impossible	ADJ
cjal-3321	883	27	.	.	PUNCT
cjal-3321	884	1	if	if	SCONJ
cjal-3321	884	2	board	board	NOUN
cjal-3321	884	3	members	member	NOUN
cjal-3321	884	4	and	and	CCONJ
cjal-3321	884	5	senior	senior	ADJ
cjal-3321	884	6	executives	executive	NOUN
cjal-3321	884	7	help	help	VERB
cjal-3321	884	8	a	a	DET
cjal-3321	884	9	bidder	bidder	NOUN
cjal-3321	884	10	win	win	VERB
cjal-3321	884	11	the	the	DET
cjal-3321	884	12	takeover	takeover	NOUN
cjal-3321	884	13	battle	battle	NOUN
cjal-3321	884	14	for	for	ADP
cjal-3321	884	15	their	their	PRON
cjal-3321	884	16	own	own	ADJ
cjal-3321	884	17	self	self	NOUN
cjal-3321	884	18	-	-	PUNCT
cjal-3321	884	19	interests	interest	NOUN
cjal-3321	884	20	,	,	PUNCT
cjal-3321	884	21	then	then	ADV
cjal-3321	884	22	an	an	DET
cjal-3321	884	23	action	action	NOUN
cjal-3321	884	24	for	for	ADP
cjal-3321	884	25	a	a	DET
cjal-3321	884	26	breach	breach	NOUN
cjal-3321	884	27	of	of	ADP
cjal-3321	884	28	the	the	DET
cjal-3321	884	29	duty	duty	NOUN
cjal-3321	884	30	of	of	ADP
cjal-3321	884	31	loyalty	loyalty	NOUN
cjal-3321	884	32	would	would	AUX
cjal-3321	884	33	of	of	ADV
cjal-3321	884	34	course	course	NOUN
cjal-3321	884	35	be	be	AUX
cjal-3321	884	36	available	available	ADJ
cjal-3321	884	37	to	to	ADP
cjal-3321	884	38	shareholders	shareholder	NOUN
cjal-3321	884	39	.	.	PUNCT
cjal-3321	885	1	but	but	CCONJ
cjal-3321	885	2	as	as	SCONJ
cjal-3321	885	3	the	the	DET
cjal-3321	885	4	provision	provision	NOUN
cjal-3321	885	5	now	now	ADV
cjal-3321	885	6	stands	stand	VERB
cjal-3321	885	7	,	,	PUNCT
cjal-3321	885	8	the	the	DET
cjal-3321	885	9	equal	equal	ADJ
cjal-3321	885	10	treatment	treatment	NOUN
cjal-3321	885	11	requirement	requirement	NOUN
cjal-3321	885	12	ties	tie	NOUN
cjal-3321	885	13	management	management	NOUN
cjal-3321	885	14	's	's	PART
cjal-3321	885	15	hands	hand	NOUN
cjal-3321	885	16	in	in	ADP
cjal-3321	885	17	normal	normal	ADJ
cjal-3321	885	18	business	business	NOUN
cjal-3321	885	19	operations	operation	NOUN
cjal-3321	885	20	.	.	PUNCT
cjal-3321	886	1	furthermore	furthermore	ADV
cjal-3321	886	2	,	,	PUNCT
cjal-3321	886	3	its	its	PRON
cjal-3321	886	4	amorphous	amorphous	ADJ
cjal-3321	886	5	scope	scope	NOUN
cjal-3321	886	6	increases	increase	VERB
cjal-3321	886	7	the	the	DET
cjal-3321	886	8	possibility	possibility	NOUN
cjal-3321	886	9	of	of	ADP
cjal-3321	886	10	frivolous	frivolous	ADJ
cjal-3321	886	11	litigation	litigation	NOUN
cjal-3321	886	12	.	.	PUNCT
cjal-3321	887	1	current	current	ADJ
cjal-3321	887	2	takeover	takeover	NOUN
cjal-3321	887	3	fiduciary	fiduciary	ADJ
cjal-3321	887	4	duties	duty	NOUN
cjal-3321	887	5	must	must	AUX
cjal-3321	887	6	be	be	AUX
cjal-3321	887	7	defined	define	VERB
cjal-3321	887	8	by	by	ADP
cjal-3321	887	9	a	a	DET
cjal-3321	887	10	clear	clear	ADJ
cjal-3321	887	11	statutory	statutory	ADJ
cjal-3321	887	12	provision	provision	NOUN
cjal-3321	887	13	that	that	PRON
cjal-3321	887	14	lays	lay	VERB
cjal-3321	887	15	out	out	ADP
cjal-3321	887	16	the	the	DET
cjal-3321	887	17	key	key	ADJ
cjal-3321	887	18	standards	standard	NOUN
cjal-3321	887	19	.	.	PUNCT
cjal-3321	888	1	fiduciary	fiduciary	ADJ
cjal-3321	888	2	law	law	NOUN
cjal-3321	888	3	is	be	AUX
cjal-3321	888	4	still	still	ADV
cjal-3321	888	5	considered	consider	VERB
cjal-3321	888	6	overly	overly	ADV
cjal-3321	888	7	abstract	abstract	ADJ
cjal-3321	888	8	and	and	CCONJ
cjal-3321	888	9	difficult	difficult	ADJ
cjal-3321	888	10	to	to	PART
cjal-3321	888	11	implement	implement	VERB
cjal-3321	888	12	in	in	ADP
cjal-3321	888	13	civil	civil	ADJ
cjal-3321	888	14	law	law	NOUN
cjal-3321	888	15	jurisdictions	jurisdiction	NOUN
cjal-3321	888	16	.	.	PUNCT
cjal-3321	888	17	'	'	PUNCT
cjal-3321	889	1	96	96	NUM
cjal-3321	889	2	unlike	unlike	ADP
cjal-3321	889	3	the	the	DET
cjal-3321	889	4	united	united	PROPN
cjal-3321	889	5	states	states	PROPN
cjal-3321	889	6	,	,	PUNCT
cjal-3321	889	7	where	where	SCONJ
cjal-3321	889	8	the	the	DET
cjal-3321	889	9	delaware	delaware	PROPN
cjal-3321	889	10	court	court	PROPN
cjal-3321	889	11	of	of	ADP
cjal-3321	889	12	chancery	chancery	NOUN
cjal-3321	889	13	has	have	AUX
cjal-3321	889	14	refined	refine	VERB
cjal-3321	889	15	and	and	CCONJ
cjal-3321	889	16	elaborated	elaborate	VERB
cjal-3321	889	17	the	the	DET
cjal-3321	889	18	scope	scope	NOUN
cjal-3321	889	19	of	of	ADP
cjal-3321	889	20	fiduciary	fiduciary	ADJ
cjal-3321	889	21	duty	duty	NOUN
cjal-3321	889	22	,	,	PUNCT
cjal-3321	889	23	197	197	NUM
cjal-3321	889	24	the	the	DET
cjal-3321	889	25	non	non	NOUN
cjal-3321	889	26	-	-	NOUN
cjal-3321	889	27	existence	existence	NOUN
cjal-3321	889	28	of	of	ADP
cjal-3321	889	29	case	case	NOUN
cjal-3321	889	30	law	law	NOUN
cjal-3321	889	31	in	in	ADP
cjal-3321	889	32	china	china	PROPN
cjal-3321	889	33	has	have	AUX
cjal-3321	889	34	greatly	greatly	ADV
cjal-3321	889	35	reduced	reduce	VERB
cjal-3321	889	36	the	the	DET
cjal-3321	889	37	judiciary	judiciary	NOUN
cjal-3321	889	38	's	's	PART
cjal-3321	889	39	ability	ability	NOUN
cjal-3321	889	40	to	to	PART
cjal-3321	889	41	clarify	clarify	VERB
cjal-3321	889	42	the	the	DET
cjal-3321	889	43	legislative	legislative	ADJ
cjal-3321	889	44	intent	intent	NOUN
cjal-3321	889	45	.	.	PUNCT
cjal-3321	890	1	'	'	PUNCT
cjal-3321	890	2	9	9	NUM
cjal-3321	890	3	'	'	PUNCT
cjal-3321	890	4	therefore	therefore	ADV
cjal-3321	890	5	,	,	PUNCT
cjal-3321	890	6	it	it	PRON
cjal-3321	890	7	is	be	AUX
cjal-3321	890	8	even	even	ADV
cjal-3321	890	9	more	more	ADV
cjal-3321	890	10	important	important	ADJ
cjal-3321	890	11	that	that	SCONJ
cjal-3321	890	12	the	the	DET
cjal-3321	890	13	language	language	NOUN
cjal-3321	890	14	of	of	ADP
cjal-3321	890	15	the	the	DET
cjal-3321	890	16	statute	statute	NOUN
cjal-3321	890	17	clearly	clearly	ADV
cjal-3321	890	18	and	and	CCONJ
cjal-3321	890	19	unambiguously	unambiguously	ADV
cjal-3321	890	20	outline	outline	VERB
cjal-3321	890	21	the	the	DET
cjal-3321	890	22	scope	scope	NOUN
cjal-3321	890	23	of	of	ADP
cjal-3321	890	24	fiduciary	fiduciary	ADJ
cjal-3321	890	25	duty	duty	NOUN
cjal-3321	890	26	.	.	PUNCT
cjal-3321	891	1	to	to	PART
cjal-3321	891	2	identify	identify	VERB
cjal-3321	891	3	key	key	ADJ
cjal-3321	891	4	'	'	PUNCT
cjal-3321	891	5	"	"	PUNCT
cjal-3321	891	6	weng	weng	PROPN
cjal-3321	891	7	,	,	PUNCT
cjal-3321	891	8	supra	supra	PROPN
cjal-3321	891	9	note	note	PROPN
cjal-3321	891	10	55	55	NUM
cjal-3321	891	11	.	.	PUNCT
cjal-3321	892	1	,	,	PUNCT
cjal-3321	892	2	94	94	NUM
cjal-3321	892	3	see	see	VERB
cjal-3321	892	4	,	,	PUNCT
cjal-3321	892	5	e.g.	e.g.	ADV
cjal-3321	892	6	,	,	PUNCT
cjal-3321	892	7	rebecca	rebecca	PROPN
cjal-3321	892	8	lee	lee	PROPN
cjal-3321	892	9	,	,	PUNCT
cjal-3321	892	10	fiduciary	fiduciary	ADJ
cjal-3321	892	11	duty	duty	NOUN
cjal-3321	892	12	without	without	ADP
cjal-3321	892	13	equity	equity	NOUN
cjal-3321	892	14	:	:	PUNCT
cjal-3321	892	15	"	"	PUNCT
cjal-3321	892	16	fiduciary	fiduciary	ADJ
cjal-3321	892	17	duties	duty	NOUN
cjal-3321	892	18	"	"	PUNCT
cjal-3321	892	19	of	of	ADP
cjal-3321	892	20	directors	director	NOUN
cjal-3321	892	21	under	under	ADP
cjal-3321	892	22	the	the	DET
cjal-3321	892	23	revised	revise	VERB
cjal-3321	892	24	company	company	NOUN
cjal-3321	892	25	law	law	NOUN
cjal-3321	892	26	of	of	ADP
cjal-3321	892	27	the	the	DET
cjal-3321	892	28	prc	prc	PROPN
cjal-3321	892	29	,	,	PUNCT
cjal-3321	892	30	47	47	NUM
cjal-3321	892	31	va	va	NOUN
cjal-3321	892	32	.	.	PUNCT
cjal-3321	893	1	j.	j.	PROPN
cjal-3321	893	2	int'l	int'l	PROPN
cjal-3321	893	3	l.	l.	PROPN
cjal-3321	893	4	897	897	PROPN
cjal-3321	893	5	(	(	PUNCT
cjal-3321	893	6	2007	2007	NUM
cjal-3321	893	7	)	)	PUNCT
cjal-3321	893	8	;	;	PUNCT
cjal-3321	893	9	luo	luo	PROPN
cjal-3321	893	10	,	,	PUNCT
cjal-3321	893	11	li	li	PROPN
cjal-3321	893	12	&	&	CCONJ
cjal-3321	893	13	zhao	zhao	PROPN
cjal-3321	893	14	,	,	PUNCT
cjal-3321	893	15	supra	supra	PROPN
cjal-3321	893	16	note	note	NOUN
cjal-3321	893	17	78	78	NUM
cjal-3321	893	18	.	.	PUNCT
cjal-3321	894	1	195	195	NUM
cjal-3321	894	2	see	see	VERB
cjal-3321	894	3	measures	measure	NOUN
cjal-3321	894	4	for	for	ADP
cjal-3321	894	5	administration	administration	NOUN
cjal-3321	894	6	of	of	ADP
cjal-3321	894	7	takeovers	takeover	NOUN
cjal-3321	894	8	,	,	PUNCT
cjal-3321	894	9	supra	supra	PROPN
cjal-3321	894	10	note	note	NOUN
cjal-3321	894	11	6	6	NUM
cjal-3321	894	12	,	,	PUNCT
cjal-3321	894	13	art	art	NOUN
cjal-3321	894	14	.	.	PUNCT
cjal-3321	895	1	8	8	X
cjal-3321	895	2	.	.	X
cjal-3321	895	3	for	for	ADP
cjal-3321	895	4	a	a	DET
cjal-3321	895	5	comparative	comparative	ADJ
cjal-3321	895	6	perspective	perspective	NOUN
cjal-3321	895	7	,	,	PUNCT
cjal-3321	895	8	note	note	VERB
cjal-3321	895	9	that	that	SCONJ
cjal-3321	895	10	under	under	ADP
cjal-3321	895	11	delaware	delaware	PROPN
cjal-3321	895	12	law	law	PROPN
cjal-3321	895	13	,	,	PUNCT
cjal-3321	895	14	while	while	SCONJ
cjal-3321	895	15	a	a	DET
cjal-3321	895	16	company	company	NOUN
cjal-3321	895	17	management	management	NOUN
cjal-3321	895	18	must	must	AUX
cjal-3321	895	19	maximize	maximize	VERB
cjal-3321	895	20	shareholder	shareholder	NOUN
cjal-3321	895	21	wealth	wealth	NOUN
cjal-3321	895	22	under	under	ADP
cjal-3321	895	23	revlon	revlon	PROPN
cjal-3321	895	24	,	,	PUNCT
cjal-3321	895	25	under	under	ADP
cjal-3321	895	26	the	the	DET
cjal-3321	895	27	unocal	unocal	PROPN
cjal-3321	895	28	test	test	NOUN
cjal-3321	895	29	,	,	PUNCT
cjal-3321	895	30	the	the	DET
cjal-3321	895	31	board	board	NOUN
cjal-3321	895	32	may	may	AUX
cjal-3321	895	33	still	still	ADV
cjal-3321	895	34	consider	consider	VERB
cjal-3321	895	35	a	a	DET
cjal-3321	895	36	broader	broad	ADJ
cjal-3321	895	37	range	range	NOUN
cjal-3321	895	38	of	of	ADP
cjal-3321	895	39	constituencies	constituency	NOUN
cjal-3321	895	40	.	.	PUNCT
cjal-3321	896	1	see	see	VERB
cjal-3321	896	2	supra	supra	PROPN
cjal-3321	896	3	note	note	PROPN
cjal-3321	896	4	58	58	NUM
cjal-3321	896	5	and	and	CCONJ
cjal-3321	896	6	accompanying	accompany	VERB
cjal-3321	896	7	text	text	NOUN
cjal-3321	896	8	.	.	PUNCT
cjal-3321	897	1	96	96	NUM
cjal-3321	897	2	fan	fan	PROPN
cjal-3321	897	3	jian	jian	PROPN
cjal-3321	897	4	&	&	CCONJ
cjal-3321	897	5	jiang	jiang	PROPN
cjal-3321	897	6	daxing	daxe	VERB
cjal-3321	897	7	(	(	PUNCT
cjal-3321	897	8	'	'	PUNCT
cjal-3321	897	9	j-@.	j-@.	NUM
cjal-3321	897	10	&	&	CCONJ
cjal-3321	897	11	,	,	PUNCT
cjal-3321	897	12	lun	lun	PROPN
cjal-3321	897	13	gongsi	gongsi	PROPN
cjal-3321	897	14	dongshi	dongshi	PROPN
cjal-3321	897	15	zhi	zhi	PROPN
cjal-3321	897	16	yiwu	yiwu	PROPN
cjal-3321	897	17	(	(	PUNCT
cjal-3321	897	18	i'_>@i	i'_>@i	ADP
cjal-3321	897	19	:	:	PUNCT
cjal-3321	897	20	.3l(-	.3l(-	X
cjal-3321	897	21	)	)	PUNCT
cjal-3321	898	1	[	[	X
cjal-3321	898	2	the	the	DET
cjal-3321	898	3	duties	duty	NOUN
cjal-3321	898	4	of	of	ADP
cjal-3321	898	5	board	board	NOUN
cjal-3321	898	6	directors	director	NOUN
cjal-3321	898	7	]	]	PUNCT
cjal-3321	898	8	,	,	PUNCT
cjal-3321	898	9	nanjing	nanjing	PROPN
cjal-3321	898	10	daxue	daxue	PROPN
cjal-3321	898	11	falui	falui	PROPN
cjal-3321	898	12	pinglun	pinglun	PROPN
cjal-3321	898	13	(	(	PUNCT
cjal-3321	898	14	l	l	NOUN
cjal-3321	898	15	'	'	PUNCT
cjal-3321	898	16	)	)	PUNCT
cjal-3321	899	1	[	[	X
cjal-3321	899	2	nanjing	nanjing	PROPN
cjal-3321	899	3	u.	u.	PROPN
cjal-3321	899	4	l.	l.	PROPN
cjal-3321	899	5	rev	rev	PROPN
cjal-3321	899	6	.	.	PROPN
cjal-3321	899	7	]	]	X
cjal-3321	899	8	,	,	PUNCT
cjal-3321	899	9	no	no	INTJ
cjal-3321	899	10	.	.	PUNCT
cjal-3321	900	1	j	j	PROPN
cjal-3321	900	2	,	,	PUNCT
cjal-3321	900	3	1998	1998	NUM
cjal-3321	900	4	,	,	PUNCT
cjal-3321	900	5	at	at	ADP
cjal-3321	900	6	92	92	NUM
cjal-3321	900	7	,	,	PUNCT
cjal-3321	900	8	92	92	NUM
cjal-3321	900	9	-	-	SYM
cjal-3321	900	10	93	93	NUM
cjal-3321	900	11	.	.	PUNCT
cjal-3321	901	1	197	197	NUM
cjal-3321	902	1	these	these	DET
cjal-3321	902	2	seminal	seminal	ADJ
cjal-3321	902	3	cases	case	NOUN
cjal-3321	902	4	include	include	VERB
cjal-3321	902	5	:	:	PUNCT
cjal-3321	902	6	moran	moran	PROPN
cjal-3321	902	7	v.	v.	PROPN
cjal-3321	902	8	household	household	PROPN
cjal-3321	902	9	inc	inc	PROPN
cjal-3321	902	10	.	.	PROPN
cjal-3321	902	11	,	,	PUNCT
cjal-3321	902	12	5oo	5oo	NOUN
cjal-3321	902	13	a.2d	a.2d	PUNCT
cjal-3321	902	14	1346	1346	NUM
cjal-3321	902	15	(	(	PUNCT
cjal-3321	902	16	del	del	PROPN
cjal-3321	902	17	.	.	PROPN
cjal-3321	902	18	1985	1985	NUM
cjal-3321	902	19	)	)	PUNCT
cjal-3321	902	20	;	;	PUNCT
cjal-3321	902	21	unocal	unocal	PROPN
cjal-3321	902	22	corp	corp	PROPN
cjal-3321	902	23	.	.	PROPN
cjal-3321	902	24	,	,	PUNCT
cjal-3321	902	25	493	493	NUM
cjal-3321	902	26	a.2d	a.2d	PUNCT
cjal-3321	902	27	at	at	ADP
cjal-3321	902	28	946	946	NUM
cjal-3321	902	29	;	;	PUNCT
cjal-3321	902	30	revlon	revlon	PROPN
cjal-3321	902	31	,	,	PUNCT
cjal-3321	902	32	inc	inc	PROPN
cjal-3321	902	33	.	.	PROPN
cjal-3321	902	34	,	,	PUNCT
cjal-3321	902	35	5o6	5o6	NUM
cjal-3321	902	36	a.2d	a.2d	PUNCT
cjal-3321	902	37	at	at	ADP
cjal-3321	902	38	173	173	NUM
cjal-3321	902	39	;	;	PUNCT
cjal-3321	902	40	paramount	paramount	PROPN
cjal-3321	902	41	communications	communications	PROPN
cjal-3321	902	42	inc	inc	PROPN
cjal-3321	902	43	.	.	PROPN
cjal-3321	902	44	,	,	PUNCT
cjal-3321	902	45	637	637	NUM
cjal-3321	902	46	a.2d	a.2d	PUNCT
cjal-3321	902	47	at	at	ADP
cjal-3321	902	48	34	34	NUM
cjal-3321	902	49	;	;	PUNCT
cjal-3321	902	50	unitrin	unitrin	PROPN
cjal-3321	902	51	,	,	PUNCT
cjal-3321	902	52	inc	inc	PROPN
cjal-3321	902	53	.	.	PROPN
cjal-3321	902	54	,	,	PUNCT
cjal-3321	902	55	651	651	NUM
cjal-3321	902	56	a.2d	a.2d	PUNCT
cjal-3321	902	57	at	at	ADP
cjal-3321	902	58	1361	1361	NUM
cjal-3321	902	59	.	.	PUNCT
cjal-3321	903	1	98	98	NUM
cjal-3321	903	2	shen	shen	NOUN
cjal-3321	903	3	,	,	PUNCT
cjal-3321	903	4	supra	supra	PROPN
cjal-3321	903	5	note	note	PROPN
cjal-3321	903	6	13	13	NUM
cjal-3321	903	7	.	.	SYM
cjal-3321	903	8	219	219	NUM
cjal-3321	903	9	columbia	columbia	PROPN
cjal-3321	903	10	journal	journal	PROPN
cjal-3321	903	11	ofasian	ofasian	ADJ
cjal-3321	903	12	law	law	NOUN
cjal-3321	903	13	,	,	PUNCT
cjal-3321	903	14	vol	vol	NOUN
cjal-3321	903	15	.	.	PROPN
cjal-3321	903	16	25	25	NUM
cjal-3321	903	17	,	,	PUNCT
cjal-3321	903	18	no	no	INTJ
cjal-3321	903	19	.	.	NOUN
cjal-3321	903	20	2	2	NUM
cjal-3321	903	21	(	(	PUNCT
cjal-3321	903	22	2012	2012	NUM
cjal-3321	903	23	)	)	PUNCT
cjal-3321	903	24	standards	standard	NOUN
cjal-3321	903	25	of	of	ADP
cjal-3321	903	26	fiduciary	fiduciary	ADJ
cjal-3321	903	27	duties	duty	NOUN
cjal-3321	903	28	,	,	PUNCT
cjal-3321	903	29	the	the	DET
cjal-3321	903	30	chinese	chinese	ADJ
cjal-3321	903	31	legislature	legislature	NOUN
cjal-3321	903	32	should	should	AUX
cjal-3321	903	33	look	look	VERB
cjal-3321	903	34	to	to	ADP
cjal-3321	903	35	other	other	ADJ
cjal-3321	903	36	more	more	ADV
cjal-3321	903	37	sophisticated	sophisticated	ADJ
cjal-3321	903	38	jurisdictions	jurisdiction	NOUN
cjal-3321	903	39	.	.	PUNCT
cjal-3321	904	1	but	but	CCONJ
cjal-3321	904	2	while	while	SCONJ
cjal-3321	904	3	legislative	legislative	ADJ
cjal-3321	904	4	efforts	effort	NOUN
cjal-3321	904	5	would	would	AUX
cjal-3321	904	6	help	help	VERB
cjal-3321	904	7	to	to	PART
cjal-3321	904	8	determine	determine	VERB
cjal-3321	904	9	the	the	DET
cjal-3321	904	10	legitimate	legitimate	ADJ
cjal-3321	904	11	limits	limit	NOUN
cjal-3321	904	12	of	of	ADP
cjal-3321	904	13	antitakeover	antitakeover	ADJ
cjal-3321	904	14	actions	action	NOUN
cjal-3321	904	15	,	,	PUNCT
cjal-3321	904	16	situations	situation	NOUN
cjal-3321	904	17	in	in	ADP
cjal-3321	904	18	practice	practice	NOUN
cjal-3321	904	19	may	may	AUX
cjal-3321	904	20	vary	vary	VERB
cjal-3321	904	21	,	,	PUNCT
cjal-3321	904	22	and	and	CCONJ
cjal-3321	904	23	the	the	DET
cjal-3321	904	24	law	law	NOUN
cjal-3321	904	25	on	on	ADP
cjal-3321	904	26	takeover	takeover	NOUN
cjal-3321	904	27	fiduciary	fiduciary	ADJ
cjal-3321	904	28	duty	duty	NOUN
cjal-3321	904	29	remains	remain	NOUN
cjal-3321	904	30	restricted	restrict	VERB
cjal-3321	904	31	by	by	ADP
cjal-3321	904	32	the	the	DET
cjal-3321	904	33	limits	limit	NOUN
cjal-3321	904	34	of	of	ADP
cjal-3321	904	35	lex	lex	PROPN
cjal-3321	904	36	scripta	scripta	PROPN
cjal-3321	904	37	.	.	PUNCT
cjal-3321	905	1	thus	thus	ADV
cjal-3321	905	2	,	,	PUNCT
cjal-3321	905	3	case	case	NOUN
cjal-3321	905	4	precedent	precedent	NOUN
cjal-3321	905	5	is	be	AUX
cjal-3321	905	6	a	a	DET
cjal-3321	905	7	critical	critical	ADJ
cjal-3321	905	8	supplement	supplement	NOUN
cjal-3321	905	9	to	to	ADP
cjal-3321	905	10	gaps	gap	NOUN
cjal-3321	905	11	in	in	ADP
cjal-3321	905	12	the	the	DET
cjal-3321	905	13	statutes	statute	NOUN
cjal-3321	905	14	.	.	PUNCT
cjal-3321	906	1	in	in	ADP
cjal-3321	906	2	2005	2005	NUM
cjal-3321	906	3	,	,	PUNCT
cjal-3321	906	4	the	the	DET
cjal-3321	906	5	supreme	supreme	PROPN
cjal-3321	906	6	people	people	PROPN
cjal-3321	906	7	's	's	PART
cjal-3321	906	8	court	court	NOUN
cjal-3321	906	9	of	of	ADP
cjal-3321	906	10	china	china	PROPN
cjal-3321	906	11	mandated	mandate	VERB
cjal-3321	906	12	high	high	ADJ
cjal-3321	906	13	courts	court	NOUN
cjal-3321	906	14	to	to	PART
cjal-3321	906	15	compile	compile	VERB
cjal-3321	906	16	"	"	PUNCT
cjal-3321	906	17	case	case	NOUN
cjal-3321	906	18	directives	directive	NOUN
cjal-3321	906	19	"	"	PUNCT
cjal-3321	906	20	and	and	CCONJ
cjal-3321	906	21	distribute	distribute	VERB
cjal-3321	906	22	them	they	PRON
cjal-3321	906	23	to	to	PART
cjal-3321	906	24	lower	lower	VERB
cjal-3321	906	25	courts	court	NOUN
cjal-3321	906	26	to	to	PART
cjal-3321	906	27	unify	unify	VERB
cjal-3321	906	28	adjudication	adjudication	NOUN
cjal-3321	906	29	standards	standard	NOUN
cjal-3321	906	30	.	.	PUNCT
cjal-3321	906	31	'	'	PUNCT
cjal-3321	907	1	99	99	NUM
cjal-3321	907	2	according	accord	VERB
cjal-3321	907	3	to	to	ADP
cjal-3321	907	4	the	the	DET
cjal-3321	907	5	mandate	mandate	NOUN
cjal-3321	907	6	,	,	PUNCT
cjal-3321	907	7	research	research	NOUN
cjal-3321	907	8	departments	department	NOUN
cjal-3321	907	9	of	of	ADP
cjal-3321	907	10	higher	high	ADJ
cjal-3321	907	11	courts	court	NOUN
cjal-3321	907	12	should	should	AUX
cjal-3321	907	13	compile	compile	VERB
cjal-3321	907	14	and	and	CCONJ
cjal-3321	907	15	publish	publish	VERB
cjal-3321	907	16	periodical	periodical	ADJ
cjal-3321	907	17	cases	case	NOUN
cjal-3321	907	18	through	through	ADP
cjal-3321	907	19	intranet	intranet	NOUN
cjal-3321	907	20	for	for	ADP
cjal-3321	907	21	the	the	DET
cjal-3321	907	22	lower	low	ADJ
cjal-3321	907	23	courts	court	NOUN
cjal-3321	907	24	'	'	PART
cjal-3321	907	25	reference.2	reference.2	PROPN
cjal-3321	907	26	"	"	PUNCT
cjal-3321	907	27	'	'	PUNCT
cjal-3321	907	28	although	although	SCONJ
cjal-3321	907	29	the	the	DET
cjal-3321	907	30	constitutionality	constitutionality	NOUN
cjal-3321	907	31	and	and	CCONJ
cjal-3321	907	32	the	the	DET
cjal-3321	907	33	applicability	applicability	NOUN
cjal-3321	907	34	of	of	ADP
cjal-3321	907	35	case	case	NOUN
cjal-3321	907	36	directives	directive	NOUN
cjal-3321	907	37	to	to	ADP
cjal-3321	907	38	subsequent	subsequent	ADJ
cjal-3321	907	39	litigation	litigation	NOUN
cjal-3321	907	40	are	be	AUX
cjal-3321	907	41	still	still	ADV
cjal-3321	907	42	controversial	controversial	ADJ
cjal-3321	907	43	,	,	PUNCT
cjal-3321	907	44	this	this	PRON
cjal-3321	907	45	is	be	AUX
cjal-3321	907	46	a	a	DET
cjal-3321	907	47	good	good	ADJ
cjal-3321	907	48	temporary	temporary	ADJ
cjal-3321	907	49	solution	solution	NOUN
cjal-3321	907	50	to	to	PART
cjal-3321	907	51	fill	fill	VERB
cjal-3321	907	52	the	the	DET
cjal-3321	907	53	gap	gap	NOUN
cjal-3321	907	54	between	between	ADP
cjal-3321	907	55	broad	broad	ADJ
cjal-3321	907	56	-	-	PUNCT
cjal-3321	907	57	brush	brush	NOUN
cjal-3321	907	58	regulations	regulation	NOUN
cjal-3321	907	59	and	and	CCONJ
cjal-3321	907	60	rapidly	rapidly	ADV
cjal-3321	907	61	changing	change	VERB
cjal-3321	907	62	takeover	takeover	NOUN
cjal-3321	907	63	practices.20	practices.20	NOUN
cjal-3321	907	64	'	'	PART
cjal-3321	907	65	2	2	NUM
cjal-3321	907	66	.	.	PUNCT
cjal-3321	907	67	business	business	NOUN
cjal-3321	907	68	judgment	judgment	NOUN
cjal-3321	907	69	rule	rule	VERB
cjal-3321	907	70	the	the	DET
cjal-3321	907	71	business	business	NOUN
cjal-3321	907	72	judgment	judgment	NOUN
cjal-3321	907	73	rule	rule	NOUN
cjal-3321	907	74	is	be	AUX
cjal-3321	907	75	a	a	DET
cjal-3321	907	76	defense	defense	NOUN
cjal-3321	907	77	in	in	ADP
cjal-3321	907	78	the	the	DET
cjal-3321	907	79	u.s	u.s	PROPN
cjal-3321	907	80	.	.	PROPN
cjal-3321	907	81	that	that	PRON
cjal-3321	907	82	allows	allow	VERB
cjal-3321	907	83	directors	director	NOUN
cjal-3321	907	84	to	to	PART
cjal-3321	907	85	shield	shield	VERB
cjal-3321	907	86	their	their	PRON
cjal-3321	907	87	managerial	managerial	ADJ
cjal-3321	907	88	decisions	decision	NOUN
cjal-3321	907	89	from	from	ADP
cjal-3321	907	90	judicial	judicial	ADJ
cjal-3321	907	91	scrutiny.0	scrutiny.0	NOUN
cjal-3321	907	92	during	during	ADP
cjal-3321	907	93	a	a	DET
cjal-3321	907	94	takeover	takeover	NOUN
cjal-3321	907	95	,	,	PUNCT
cjal-3321	907	96	the	the	DET
cjal-3321	907	97	target	target	NOUN
cjal-3321	907	98	's	's	PART
cjal-3321	907	99	board	board	NOUN
cjal-3321	907	100	members	member	NOUN
cjal-3321	907	101	may	may	AUX
cjal-3321	907	102	face	face	VERB
cjal-3321	907	103	great	great	ADJ
cjal-3321	907	104	difficulties	difficulty	NOUN
cjal-3321	907	105	in	in	ADP
cjal-3321	907	106	deciding	decide	VERB
cjal-3321	907	107	whether	whether	SCONJ
cjal-3321	907	108	to	to	PART
cjal-3321	907	109	accept	accept	VERB
cjal-3321	907	110	or	or	CCONJ
cjal-3321	907	111	reject	reject	VERB
cjal-3321	907	112	a	a	DET
cjal-3321	907	113	bid	bid	NOUN
cjal-3321	907	114	,	,	PUNCT
cjal-3321	907	115	in	in	ADP
cjal-3321	907	116	addition	addition	NOUN
cjal-3321	907	117	to	to	ADP
cjal-3321	907	118	pressure	pressure	NOUN
cjal-3321	907	119	from	from	ADP
cjal-3321	907	120	shareholders	shareholder	NOUN
cjal-3321	907	121	and	and	CCONJ
cjal-3321	907	122	the	the	DET
cjal-3321	907	123	media	medium	NOUN
cjal-3321	907	124	.	.	PUNCT
cjal-3321	908	1	if	if	SCONJ
cjal-3321	908	2	excessive	excessive	ADJ
cjal-3321	908	3	liabilities	liability	NOUN
cjal-3321	908	4	are	be	AUX
cjal-3321	908	5	imposed	impose	VERB
cjal-3321	908	6	against	against	ADP
cjal-3321	908	7	target	target	NOUN
cjal-3321	908	8	board	board	NOUN
cjal-3321	908	9	members	member	NOUN
cjal-3321	908	10	,	,	PUNCT
cjal-3321	908	11	they	they	PRON
cjal-3321	908	12	might	might	AUX
cjal-3321	908	13	lean	lean	VERB
cjal-3321	908	14	towards	towards	ADP
cjal-3321	908	15	unduly	unduly	ADV
cjal-3321	908	16	risk	risk	NOUN
cjal-3321	908	17	-	-	PUNCT
cjal-3321	908	18	averse	averse	ADJ
cjal-3321	908	19	measures	measure	NOUN
cjal-3321	908	20	.	.	PUNCT
cjal-3321	909	1	3	3	NUM
cjal-3321	909	2	to	to	PART
cjal-3321	909	3	assuage	assuage	VERB
cjal-3321	909	4	this	this	DET
cjal-3321	909	5	concern	concern	NOUN
cjal-3321	909	6	,	,	PUNCT
cjal-3321	909	7	the	the	DET
cjal-3321	909	8	business	business	NOUN
cjal-3321	909	9	judgment	judgment	NOUN
cjal-3321	909	10	rule	rule	NOUN
cjal-3321	909	11	prevents	prevent	VERB
cjal-3321	909	12	judges	judge	NOUN
cjal-3321	909	13	,	,	PUNCT
cjal-3321	909	14	who	who	PRON
cjal-3321	909	15	might	might	AUX
cjal-3321	909	16	make	make	VERB
cjal-3321	909	17	biased	biased	ADJ
cjal-3321	909	18	decisions	decision	NOUN
cjal-3321	909	19	based	base	VERB
cjal-3321	909	20	on	on	ADP
cjal-3321	909	21	hindsight	hindsight	ADJ
cjal-3321	909	22	and	and	CCONJ
cjal-3321	909	23	lack	lack	NOUN
cjal-3321	909	24	of	of	ADP
cjal-3321	909	25	business	business	NOUN
cjal-3321	909	26	expertise,0	expertise,0	NOUN
cjal-3321	909	27	4	4	NUM
cjal-3321	909	28	from	from	ADP
cjal-3321	909	29	meddling	meddle	VERB
cjal-3321	909	30	in	in	ADP
cjal-3321	909	31	199	199	NUM
cjal-3321	909	32	renmin	renmin	PROPN
cjal-3321	909	33	fayuan	fayuan	PROPN
cjal-3321	909	34	di	di	PROPN
cjal-3321	909	35	er	er	INTJ
cjal-3321	909	36	ge	ge	PROPN
cjal-3321	909	37	wunian	wunian	PROPN
cjal-3321	909	38	gaige	gaige	PROPN
cjal-3321	909	39	gangyao	gangyao	PROPN
cjal-3321	909	40	(	(	PUNCT
cjal-3321	909	41	2004	2004	NUM
cjal-3321	909	42	-	-	SYM
cjal-3321	909	43	2008	2008	NUM
cjal-3321	909	44	)	)	PUNCT
cjal-3321	909	45	(	(	PUNCT
cjal-3321	909	46	ak	ak	NOUN
cjal-3321	909	47	'	'	PART
cjal-3321	909	48	[	[	NOUN
cjal-3321	909	49	r¢iii4til	r¢iii4til	NOUN
cjal-3321	909	50	"	"	PUNCT
cjal-3321	909	51	-l	-l	NUM
cjal-3321	909	52	2004	2004	NUM
cjal-3321	909	53	-	-	SYM
cjal-3321	909	54	2oo8	2oo8	NUM
cjal-3321	909	55	)	)	PUNCT
cjal-3321	910	1	[	[	X
cjal-3321	910	2	the	the	DET
cjal-3321	910	3	second	second	ADJ
cjal-3321	910	4	five	five	NUM
cjal-3321	910	5	-	-	PUNCT
cjal-3321	910	6	year	year	NOUN
cjal-3321	910	7	reform	reform	NOUN
cjal-3321	910	8	plan	plan	NOUN
cjal-3321	910	9	for	for	ADP
cjal-3321	910	10	the	the	DET
cjal-3321	910	11	people	people	NOUN
cjal-3321	910	12	's	's	PART
cjal-3321	910	13	courts	court	NOUN
cjal-3321	910	14	(	(	PUNCT
cjal-3321	910	15	2004	2004	NUM
cjal-3321	910	16	-	-	SYM
cjal-3321	910	17	2008	2008	NUM
cjal-3321	910	18	)	)	PUNCT
cjal-3321	910	19	]	]	PUNCT
cjal-3321	910	20	(	(	PUNCT
cjal-3321	910	21	promulgated	promulgate	VERB
cjal-3321	910	22	by	by	ADP
cjal-3321	910	23	the	the	DET
cjal-3321	910	24	sup	sup	NOUN
cjal-3321	910	25	.	.	PUNCT
cjal-3321	911	1	people	people	NOUN
cjal-3321	911	2	's	's	PART
cjal-3321	911	3	ct	ct	PROPN
cjal-3321	911	4	.	.	PROPN
cjal-3321	911	5	,	,	PUNCT
cjal-3321	911	6	oct	oct	PROPN
cjal-3321	911	7	.	.	PROPN
cjal-3321	911	8	26	26	NUM
cjal-3321	911	9	,	,	PUNCT
cjal-3321	911	10	2005	2005	NUM
cjal-3321	911	11	,	,	PUNCT
cjal-3321	911	12	effective	effective	ADJ
cjal-3321	911	13	oct	oct	PROPN
cjal-3321	911	14	.	.	PROPN
cjal-3321	911	15	26	26	NUM
cjal-3321	911	16	,	,	PUNCT
cjal-3321	911	17	2005	2005	NUM
cjal-3321	911	18	)	)	PUNCT
cjal-3321	911	19	sup	sup	NOUN
cjal-3321	911	20	.	.	PUNCT
cjal-3321	912	1	people	people	NOUN
cjal-3321	912	2	's	's	PART
cjal-3321	912	3	ct	ct	PROPN
cjal-3321	912	4	.	.	PUNCT
cjal-3321	912	5	gaz	gaz	PROPN
cjal-3321	912	6	.	.	PROPN
cjal-3321	912	7	,	,	PUNCT
cjal-3321	912	8	dec	dec	PROPN
cjal-3321	912	9	.	.	PROPN
cjal-3321	912	10	1o	1o	NUM
cjal-3321	912	11	,	,	PUNCT
cjal-3321	912	12	2005	2005	NUM
cjal-3321	912	13	,	,	PUNCT
cjal-3321	912	14	at	at	ADP
cjal-3321	912	15	8	8	NUM
cjal-3321	912	16	,	,	PUNCT
cjal-3321	912	17	available	available	ADJ
cjal-3321	912	18	at	at	ADP
cjal-3321	912	19	http://www.law-lib.com/	http://www.law-lib.com/	PROPN
cjal-3321	912	20	law	law	NOUN
cjal-3321	912	21	/	/	SYM
cjal-3321	912	22	law	law	NOUN
cjal-3321	912	23	-	-	PUNCT
cjal-3321	912	24	view.asp?id=12o832	view.asp?id=12o832	PROPN
cjal-3321	912	25	.	.	PUNCT
cjal-3321	912	26	"	"	PUNCT
cjal-3321	913	1	interview	interview	NOUN
cjal-3321	913	2	with	with	ADP
cjal-3321	913	3	anonymous	anonymous	ADJ
cjal-3321	913	4	judges	judge	NOUN
cjal-3321	913	5	at	at	ADP
cjal-3321	913	6	zhejiang	zhejiang	PROPN
cjal-3321	913	7	high	high	PROPN
cjal-3321	913	8	court	court	PROPN
cjal-3321	913	9	and	and	CCONJ
cjal-3321	913	10	shanghai	shanghai	PROPN
cjal-3321	913	11	first	first	PROPN
cjal-3321	913	12	intermediate	intermediate	PROPN
cjal-3321	913	13	court	court	NOUN
cjal-3321	913	14	(	(	PUNCT
cjal-3321	913	15	nov	nov	PROPN
cjal-3321	913	16	.	.	PROPN
cjal-3321	913	17	22	22	NUM
cjal-3321	913	18	,	,	PUNCT
cjal-3321	913	19	201o	201o	PROPN
cjal-3321	913	20	)	)	PUNCT
cjal-3321	913	21	.	.	PUNCT
cjal-3321	914	1	20	20	NUM
cjal-3321	914	2	,	,	PUNCT
cjal-3321	914	3	for	for	ADP
cjal-3321	914	4	more	more	ADJ
cjal-3321	914	5	information	information	NOUN
cjal-3321	914	6	on	on	ADP
cjal-3321	914	7	the	the	DET
cjal-3321	914	8	case	case	NOUN
cjal-3321	914	9	directive	directive	NOUN
cjal-3321	914	10	institution	institution	NOUN
cjal-3321	914	11	,	,	PUNCT
cjal-3321	914	12	see	see	VERB
cjal-3321	914	13	weng	weng	PROPN
cjal-3321	914	14	,	,	PUNCT
cjal-3321	914	15	supra	supra	PROPN
cjal-3321	914	16	note	note	PROPN
cjal-3321	914	17	55	55	NUM
cjal-3321	914	18	,	,	PUNCT
cjal-3321	914	19	at	at	ADP
cjal-3321	914	20	670	670	NUM
cjal-3321	914	21	-	-	SYM
cjal-3321	914	22	71	71	NUM
cjal-3321	914	23	.	.	NOUN
cjal-3321	914	24	20	20	NUM
cjal-3321	914	25	'	'	PART
cjal-3321	914	26	joseph	joseph	PROPN
cjal-3321	914	27	hinsey	hinsey	PROPN
cjal-3321	914	28	iv	iv	NUM
cjal-3321	914	29	,	,	PUNCT
cjal-3321	914	30	business	business	NOUN
cjal-3321	914	31	judgment	judgment	NOUN
cjal-3321	914	32	and	and	CCONJ
cjal-3321	914	33	the	the	DET
cjal-3321	914	34	american	american	PROPN
cjal-3321	914	35	law	law	PROPN
cjal-3321	914	36	institute	institute	PROPN
cjal-3321	914	37	's	's	PART
cjal-3321	914	38	corporate	corporate	ADJ
cjal-3321	914	39	governance	governance	NOUN
cjal-3321	914	40	project	project	NOUN
cjal-3321	914	41	:	:	PUNCT
cjal-3321	914	42	the	the	DET
cjal-3321	914	43	rule	rule	NOUN
cjal-3321	914	44	,	,	PUNCT
cjal-3321	914	45	the	the	DET
cjal-3321	914	46	doctrine	doctrine	NOUN
cjal-3321	914	47	and	and	CCONJ
cjal-3321	914	48	the	the	DET
cjal-3321	914	49	reality	reality	NOUN
cjal-3321	914	50	,	,	PUNCT
cjal-3321	914	51	52	52	NUM
cjal-3321	914	52	geo	geo	PROPN
cjal-3321	914	53	.	.	PROPN
cjal-3321	914	54	wash	wash	PROPN
cjal-3321	914	55	.	.	PUNCT
cjal-3321	915	1	l.	l.	PROPN
cjal-3321	915	2	rev	rev	PROPN
cjal-3321	915	3	.	.	PROPN
cjal-3321	915	4	609	609	NUM
cjal-3321	915	5	,	,	PUNCT
cjal-3321	915	6	61o	61o	NOUN
cjal-3321	915	7	(	(	PUNCT
cjal-3321	915	8	1985	1985	NUM
cjal-3321	915	9	)	)	PUNCT
cjal-3321	915	10	.	.	PUNCT
cjal-3321	916	1	203	203	NUM
cjal-3321	916	2	melvin	melvin	PROPN
cjal-3321	916	3	eisenberg	eisenberg	PROPN
cjal-3321	916	4	,	,	PUNCT
cjal-3321	916	5	the	the	DET
cjal-3321	916	6	divergence	divergence	NOUN
cjal-3321	916	7	of	of	ADP
cjal-3321	916	8	standards	standard	NOUN
cjal-3321	916	9	of	of	ADP
cjal-3321	916	10	conduct	conduct	NOUN
cjal-3321	916	11	and	and	CCONJ
cjal-3321	916	12	standards	standard	NOUN
cjal-3321	916	13	of	of	ADP
cjal-3321	916	14	review	review	NOUN
cjal-3321	916	15	in	in	ADP
cjal-3321	916	16	corporate	corporate	ADJ
cjal-3321	916	17	law	law	NOUN
cjal-3321	916	18	,	,	PUNCT
cjal-3321	916	19	62	62	NUM
cjal-3321	916	20	fordham	fordham	PROPN
cjal-3321	916	21	l.	l.	PROPN
cjal-3321	916	22	rev	rev	PROPN
cjal-3321	916	23	.	.	PROPN
cjal-3321	916	24	437	437	NUM
cjal-3321	916	25	,	,	PUNCT
cjal-3321	916	26	445	445	NUM
cjal-3321	916	27	(	(	PUNCT
cjal-3321	916	28	1993	1993	NUM
cjal-3321	916	29	)	)	PUNCT
cjal-3321	916	30	.	.	PUNCT
cjal-3321	917	1	204	204	NUM
cjal-3321	917	2	experimental	experimental	ADJ
cjal-3321	917	3	psychology	psychology	NOUN
cjal-3321	917	4	has	have	AUX
cjal-3321	917	5	shown	show	VERB
cjal-3321	917	6	that	that	SCONJ
cjal-3321	917	7	in	in	ADP
cjal-3321	917	8	hindsight	hindsight	ADJ
cjal-3321	917	9	,	,	PUNCT
cjal-3321	917	10	people	people	NOUN
cjal-3321	917	11	consistently	consistently	ADV
cjal-3321	917	12	exaggerate	exaggerate	VERB
cjal-3321	917	13	what	what	PRON
cjal-3321	917	14	could	could	AUX
cjal-3321	917	15	have	have	AUX
cjal-3321	917	16	been	be	AUX
cjal-3321	917	17	anticipated	anticipate	VERB
cjal-3321	917	18	in	in	ADP
cjal-3321	917	19	foresight	foresight	NOUN
cjal-3321	917	20	.	.	PUNCT
cjal-3321	918	1	robyn	robyn	PROPN
cjal-3321	918	2	m.	m.	PROPN
cjal-3321	918	3	dawes	dawes	PROPN
cjal-3321	918	4	,	,	PUNCT
cjal-3321	918	5	rational	rational	ADJ
cjal-3321	918	6	choice	choice	NOUN
cjal-3321	918	7	in	in	ADP
cjal-3321	918	8	an	an	DET
cjal-3321	918	9	uncertain	uncertain	ADJ
cjal-3321	918	10	world	world	NOUN
cjal-3321	918	11	119	119	NUM
cjal-3321	918	12	-	-	SYM
cjal-3321	918	13	20	20	NUM
cjal-3321	918	14	(	(	PUNCT
cjal-3321	918	15	1988	1988	NUM
cjal-3321	918	16	)	)	PUNCT
cjal-3321	918	17	;	;	PUNCT
cjal-3321	918	18	baruch	baruch	ADJ
cjal-3321	918	19	fischhoff	fischhoff	NOUN
cjal-3321	918	20	,	,	PUNCT
cjal-3321	918	21	for	for	ADP
cjal-3321	918	22	those	those	PRON
cjal-3321	918	23	condemned	condemn	VERB
cjal-3321	918	24	to	to	PART
cjal-3321	918	25	study	study	VERB
cjal-3321	918	26	the	the	DET
cjal-3321	918	27	past	past	NOUN
cjal-3321	918	28	:	:	PUNCT
cjal-3321	918	29	heuristics	heuristic	NOUN
cjal-3321	918	30	and	and	CCONJ
cjal-3321	918	31	biases	bias	NOUN
cjal-3321	918	32	in	in	ADP
cjal-3321	918	33	hindsight	hindsight	ADJ
cjal-3321	918	34	,	,	PUNCT
cjal-3321	918	35	in	in	ADP
cjal-3321	918	36	judgment	judgment	NOUN
cjal-3321	918	37	under	under	ADP
cjal-3321	918	38	uncertainty	uncertainty	NOUN
cjal-3321	918	39	:	:	PUNCT
cjal-3321	918	40	heuristicsand	heuristicsand	NOUN
cjal-3321	918	41	biases335	biases335	PROPN
cjal-3321	918	42	,	,	PUNCT
cjal-3321	918	43	341	341	NUM
cjal-3321	918	44	-	-	SYM
cjal-3321	918	45	43	43	NUM
cjal-3321	918	46	(	(	PUNCT
cjal-3321	918	47	daniel	daniel	PROPN
cjal-3321	918	48	kahneman	kahneman	PROPN
cjal-3321	918	49	et	et	PROPN
cjal-3321	918	50	al	al	PROPN
cjal-3321	918	51	.	.	PUNCT
cjal-3321	919	1	eds	eds	PROPN
cjal-3321	919	2	.	.	PROPN
cjal-3321	919	3	,	,	PUNCT
cjal-3321	919	4	1982	1982	NUM
cjal-3321	919	5	)	)	PUNCT
cjal-3321	919	6	;	;	PUNCT
cjal-3321	919	7	baruch	baruch	ADJ
cjal-3321	919	8	fischhoff	fischhoff	NOUN
cjal-3321	919	9	managerial	managerial	ADJ
cjal-3321	919	10	decisions	decision	NOUN
cjal-3321	919	11	.	.	PUNCT
cjal-3321	920	1	for	for	ADP
cjal-3321	920	2	chinese	chinese	ADJ
cjal-3321	920	3	corporate	corporate	ADJ
cjal-3321	920	4	courts	court	NOUN
cjal-3321	920	5	,	,	PUNCT
cjal-3321	920	6	the	the	DET
cjal-3321	920	7	lack	lack	NOUN
cjal-3321	920	8	of	of	ADP
cjal-3321	920	9	professionalization	professionalization	NOUN
cjal-3321	920	10	and	and	CCONJ
cjal-3321	920	11	judicial	judicial	ADJ
cjal-3321	920	12	independence	independence	NOUN
cjal-3321	920	13	remains	remain	VERB
cjal-3321	920	14	a	a	DET
cjal-3321	920	15	significant	significant	ADJ
cjal-3321	920	16	issue.2"5	issue.2"5	PROPN
cjal-3321	920	17	due	due	ADP
cjal-3321	920	18	to	to	ADP
cjal-3321	920	19	the	the	DET
cjal-3321	920	20	asymmetry	asymmetry	NOUN
cjal-3321	920	21	in	in	ADP
cjal-3321	920	22	chinese	chinese	ADJ
cjal-3321	920	23	economic	economic	ADJ
cjal-3321	920	24	development	development	NOUN
cjal-3321	920	25	and	and	CCONJ
cjal-3321	920	26	the	the	DET
cjal-3321	920	27	administratively	administratively	ADV
cjal-3321	920	28	-	-	PUNCT
cjal-3321	920	29	oriented	orient	VERB
cjal-3321	920	30	judicial	judicial	ADJ
cjal-3321	920	31	selection	selection	NOUN
cjal-3321	920	32	system	system	NOUN
cjal-3321	920	33	,	,	PUNCT
cjal-3321	920	34	corporate	corporate	ADJ
cjal-3321	920	35	judges	judge	NOUN
cjal-3321	920	36	in	in	ADP
cjal-3321	920	37	some	some	DET
cjal-3321	920	38	jurisdictions	jurisdiction	NOUN
cjal-3321	920	39	are	be	AUX
cjal-3321	920	40	far	far	ADV
cjal-3321	920	41	less	less	ADV
cjal-3321	920	42	professional	professional	ADJ
cjal-3321	920	43	than	than	ADP
cjal-3321	920	44	those	those	PRON
cjal-3321	920	45	in	in	ADP
cjal-3321	920	46	other	other	ADJ
cjal-3321	920	47	jurisdictions	jurisdiction	NOUN
cjal-3321	920	48	..	..	PUNCT
cjal-3321	920	49	2	2	NUM
cjal-3321	920	50	"	"	PUNCT
cjal-3321	920	51	also	also	ADV
cjal-3321	920	52	,	,	PUNCT
cjal-3321	920	53	local	local	ADJ
cjal-3321	920	54	courts	court	NOUN
cjal-3321	920	55	are	be	AUX
cjal-3321	920	56	susceptible	susceptible	ADJ
cjal-3321	920	57	to	to	ADP
cjal-3321	920	58	local	local	ADJ
cjal-3321	920	59	government	government	NOUN
cjal-3321	920	60	interference	interference	NOUN
cjal-3321	920	61	:	:	PUNCT
cjal-3321	920	62	in	in	ADP
cjal-3321	920	63	some	some	DET
cjal-3321	920	64	regions	region	NOUN
cjal-3321	920	65	,	,	PUNCT
cjal-3321	920	66	local	local	ADJ
cjal-3321	920	67	governments	government	NOUN
cjal-3321	920	68	have	have	VERB
cjal-3321	920	69	control	control	NOUN
cjal-3321	920	70	over	over	ADP
cjal-3321	920	71	the	the	DET
cjal-3321	920	72	financial	financial	ADJ
cjal-3321	920	73	resources	resource	NOUN
cjal-3321	920	74	of	of	ADP
cjal-3321	920	75	courts	court	NOUN
cjal-3321	920	76	.	.	PUNCT
cjal-3321	921	1	7	7	NUM
cjal-3321	922	1	thus	thus	ADV
cjal-3321	922	2	,	,	PUNCT
cjal-3321	922	3	local	local	ADJ
cjal-3321	922	4	courts	court	NOUN
cjal-3321	922	5	might	might	AUX
cjal-3321	922	6	not	not	PART
cjal-3321	922	7	be	be	AUX
cjal-3321	922	8	sufficiently	sufficiently	ADV
cjal-3321	922	9	independent	independent	ADJ
cjal-3321	922	10	to	to	PART
cjal-3321	922	11	render	render	VERB
cjal-3321	922	12	neutral	neutral	ADJ
cjal-3321	922	13	decisions	decision	NOUN
cjal-3321	922	14	.	.	PUNCT
cjal-3321	923	1	deference	deference	NOUN
cjal-3321	923	2	to	to	PART
cjal-3321	923	3	target	target	VERB
cjal-3321	923	4	board	board	NOUN
cjal-3321	923	5	members	member	NOUN
cjal-3321	923	6	'	'	PART
cjal-3321	923	7	business	business	NOUN
cjal-3321	923	8	decisions	decision	NOUN
cjal-3321	923	9	and	and	CCONJ
cjal-3321	923	10	lack	lack	NOUN
cjal-3321	923	11	of	of	ADP
cjal-3321	923	12	a	a	DET
cjal-3321	923	13	professional	professional	ADJ
cjal-3321	923	14	judiciary	judiciary	NOUN
cjal-3321	923	15	are	be	AUX
cjal-3321	923	16	compelling	compelling	ADJ
cjal-3321	923	17	reasons	reason	NOUN
cjal-3321	923	18	for	for	SCONJ
cjal-3321	923	19	the	the	DET
cjal-3321	923	20	chinese	chinese	ADJ
cjal-3321	923	21	legislature	legislature	NOUN
cjal-3321	923	22	to	to	PART
cjal-3321	923	23	introduce	introduce	VERB
cjal-3321	923	24	the	the	DET
cjal-3321	923	25	business	business	NOUN
cjal-3321	923	26	judgment	judgment	NOUN
cjal-3321	923	27	rule	rule	NOUN
cjal-3321	923	28	.	.	PUNCT
cjal-3321	924	1	the	the	DET
cjal-3321	924	2	rule	rule	NOUN
cjal-3321	924	3	would	would	AUX
cjal-3321	924	4	allow	allow	VERB
cjal-3321	924	5	the	the	DET
cjal-3321	924	6	judiciary	judiciary	NOUN
cjal-3321	924	7	to	to	PART
cjal-3321	924	8	focus	focus	VERB
cjal-3321	924	9	on	on	ADP
cjal-3321	924	10	board	board	NOUN
cjal-3321	924	11	procedures	procedure	NOUN
cjal-3321	924	12	,	,	PUNCT
cjal-3321	924	13	rather	rather	ADV
cjal-3321	924	14	than	than	ADP
cjal-3321	924	15	engaging	engage	VERB
cjal-3321	924	16	in	in	ADP
cjal-3321	924	17	a	a	DET
cjal-3321	924	18	substantive	substantive	ADJ
cjal-3321	924	19	review	review	NOUN
cjal-3321	924	20	of	of	ADP
cjal-3321	924	21	board	board	NOUN
cjal-3321	924	22	actions	action	NOUN
cjal-3321	924	23	.	.	PUNCT
cjal-3321	925	1	although	although	SCONJ
cjal-3321	925	2	the	the	DET
cjal-3321	925	3	rule	rule	NOUN
cjal-3321	925	4	has	have	AUX
cjal-3321	925	5	not	not	PART
cjal-3321	925	6	yet	yet	ADV
cjal-3321	925	7	been	be	AUX
cjal-3321	925	8	incorporated	incorporate	VERB
cjal-3321	925	9	into	into	ADP
cjal-3321	925	10	current	current	ADJ
cjal-3321	925	11	business	business	NOUN
cjal-3321	925	12	laws	law	NOUN
cjal-3321	925	13	,	,	PUNCT
cjal-3321	925	14	the	the	DET
cjal-3321	925	15	judiciary	judiciary	NOUN
cjal-3321	925	16	has	have	AUX
cjal-3321	925	17	already	already	ADV
cjal-3321	925	18	been	be	AUX
cjal-3321	925	19	applying	apply	VERB
cjal-3321	925	20	the	the	DET
cjal-3321	925	21	rule	rule	NOUN
cjal-3321	925	22	in	in	ADP
cjal-3321	925	23	corporate	corporate	ADJ
cjal-3321	925	24	adjudications	adjudication	NOUN
cjal-3321	925	25	for	for	ADP
cjal-3321	925	26	several	several	ADJ
cjal-3321	925	27	years	year	NOUN
cjal-3321	925	28	.	.	PUNCT
cjal-3321	926	1	the	the	DET
cjal-3321	926	2	legislature	legislature	NOUN
cjal-3321	926	3	should	should	AUX
cjal-3321	926	4	recognize	recognize	VERB
cjal-3321	926	5	this	this	DET
cjal-3321	926	6	adjudicative	adjudicative	ADJ
cjal-3321	926	7	norm	norm	NOUN
cjal-3321	926	8	and	and	CCONJ
cjal-3321	926	9	codify	codify	VERB
cjal-3321	926	10	the	the	DET
cjal-3321	926	11	business	business	NOUN
cjal-3321	926	12	judgment	judgment	NOUN
cjal-3321	926	13	rule	rule	NOUN
cjal-3321	926	14	to	to	PART
cjal-3321	926	15	provide	provide	VERB
cjal-3321	926	16	a	a	DET
cjal-3321	926	17	statutory	statutory	ADJ
cjal-3321	926	18	basis	basis	NOUN
cjal-3321	926	19	for	for	ADP
cjal-3321	926	20	this	this	DET
cjal-3321	926	21	existing	exist	VERB
cjal-3321	926	22	judiciary	judiciary	NOUN
cjal-3321	926	23	practice	practice	NOUN
cjal-3321	926	24	.	.	PUNCT
cjal-3321	927	1	it	it	PRON
cjal-3321	927	2	is	be	AUX
cjal-3321	927	3	important	important	ADJ
cjal-3321	927	4	to	to	PART
cjal-3321	927	5	note	note	VERB
cjal-3321	927	6	that	that	SCONJ
cjal-3321	927	7	the	the	DET
cjal-3321	927	8	core	core	ADJ
cjal-3321	927	9	issues	issue	NOUN
cjal-3321	927	10	of	of	ADP
cjal-3321	927	11	takeover	takeover	NOUN
cjal-3321	927	12	cases	case	NOUN
cjal-3321	927	13	are	be	AUX
cjal-3321	927	14	more	more	ADV
cjal-3321	927	15	closely	closely	ADV
cjal-3321	927	16	related	relate	VERB
cjal-3321	927	17	to	to	ADP
cjal-3321	927	18	shareholder	shareholder	NOUN
cjal-3321	927	19	ownership	ownership	NOUN
cjal-3321	927	20	rights	right	NOUN
cjal-3321	927	21	than	than	ADP
cjal-3321	927	22	traditional	traditional	ADJ
cjal-3321	927	23	concerns	concern	NOUN
cjal-3321	927	24	behind	behind	ADP
cjal-3321	927	25	the	the	DET
cjal-3321	927	26	business	business	NOUN
cjal-3321	927	27	judgment	judgment	NOUN
cjal-3321	927	28	rule	rule	NOUN
cjal-3321	927	29	.	.	PUNCT
cjal-3321	928	1	most	most	ADJ
cjal-3321	928	2	takeover	takeover	NOUN
cjal-3321	928	3	disputes	dispute	NOUN
cjal-3321	928	4	arise	arise	VERB
cjal-3321	928	5	in	in	ADP
cjal-3321	928	6	the	the	DET
cjal-3321	928	7	form	form	NOUN
cjal-3321	928	8	of	of	ADP
cjal-3321	928	9	injunction	injunction	NOUN
cjal-3321	928	10	proceedings	proceeding	NOUN
cjal-3321	928	11	,	,	PUNCT
cjal-3321	928	12	otherwise	otherwise	ADV
cjal-3321	928	13	referred	refer	VERB
cjal-3321	928	14	to	to	ADP
cjal-3321	928	15	as	as	ADP
cjal-3321	928	16	"	"	PUNCT
cjal-3321	928	17	transactional	transactional	ADJ
cjal-3321	928	18	justification	justification	NOUN
cjal-3321	928	19	.	.	PUNCT
cjal-3321	928	20	"	"	PUNCT
cjal-3321	929	1	'	'	PUNCT
cjal-3321	929	2	9	9	NUM
cjal-3321	929	3	therefore	therefore	ADV
cjal-3321	929	4	,	,	PUNCT
cjal-3321	929	5	the	the	DET
cjal-3321	929	6	takeover	takeover	NOUN
cjal-3321	929	7	business	business	NOUN
cjal-3321	929	8	judgment	judgment	NOUN
cjal-3321	929	9	rule	rule	NOUN
cjal-3321	929	10	usually	usually	ADV
cjal-3321	929	11	requires	require	VERB
cjal-3321	929	12	extra	extra	ADJ
cjal-3321	929	13	judicial	judicial	ADJ
cjal-3321	929	14	scrutiny	scrutiny	NOUN
cjal-3321	929	15	.	.	PUNCT
cjal-3321	930	1	under	under	ADP
cjal-3321	930	2	the	the	DET
cjal-3321	930	3	american	american	ADJ
cjal-3321	930	4	approach	approach	NOUN
cjal-3321	930	5	following	follow	VERB
cjal-3321	930	6	van	van	PROPN
cjal-3321	930	7	gorkom	gorkom	NOUN
cjal-3321	930	8	,	,	PUNCT
cjal-3321	930	9	"	"	PUNCT
cjal-3321	930	10	'	'	NUM
cjal-3321	930	11	°	°	ADP
cjal-3321	930	12	the	the	DET
cjal-3321	930	13	takeover	takeover	NOUN
cjal-3321	930	14	business	business	NOUN
cjal-3321	930	15	judgment	judgment	NOUN
cjal-3321	930	16	rule	rule	NOUN
cjal-3321	930	17	protects	protect	VERB
cjal-3321	930	18	directors	director	NOUN
cjal-3321	930	19	'	'	PART
cjal-3321	930	20	decisions	decision	NOUN
cjal-3321	930	21	from	from	ADP
cjal-3321	930	22	stricter	strict	ADJ
cjal-3321	930	23	and	and	CCONJ
cjal-3321	930	24	more	more	ADV
cjal-3321	930	25	demanding	demanding	ADJ
cjal-3321	930	26	judicial	judicial	ADJ
cjal-3321	930	27	scrutiny	scrutiny	NOUN
cjal-3321	930	28	once	once	SCONJ
cjal-3321	930	29	certain	certain	ADJ
cjal-3321	930	30	procedural	procedural	ADJ
cjal-3321	930	31	conditions	condition	NOUN
cjal-3321	930	32	such	such	ADJ
cjal-3321	930	33	as	as	ADP
cjal-3321	930	34	proper	proper	ADJ
cjal-3321	930	35	outsourcing	outsourcing	NOUN
cjal-3321	930	36	or	or	CCONJ
cjal-3321	930	37	sufficient	sufficient	ADJ
cjal-3321	930	38	board	board	NOUN
cjal-3321	930	39	meeting	meeting	NOUN
cjal-3321	930	40	time	time	NOUN
cjal-3321	930	41	are	be	AUX
cjal-3321	930	42	satisfied	satisfied	ADJ
cjal-3321	930	43	.	.	PUNCT
cjal-3321	931	1	"	"	PUNCT
cjal-3321	931	2	'	'	PUNCT
cjal-3321	931	3	these	these	DET
cjal-3321	931	4	conditions	condition	NOUN
cjal-3321	931	5	&	&	CCONJ
cjal-3321	931	6	ruth	ruth	PROPN
cjal-3321	931	7	beyth	beyth	PROPN
cjal-3321	931	8	,	,	PUNCT
cjal-3321	931	9	"	"	PUNCT
cjal-3321	931	10	i	i	PRON
cjal-3321	931	11	knew	know	VERB
cjal-3321	931	12	it	it	PRON
cjal-3321	931	13	would	would	AUX
cjal-3321	931	14	happen	happen	VERB
cjal-3321	931	15	"	"	PUNCT
cjal-3321	931	16	:	:	PUNCT
cjal-3321	931	17	remembered	remember	VERB
cjal-3321	931	18	probabilities	probability	NOUN
cjal-3321	931	19	of	of	ADP
cjal-3321	931	20	once	once	ADV
cjal-3321	931	21	-	-	PUNCT
cjal-3321	931	22	future	future	ADJ
cjal-3321	931	23	things	thing	NOUN
cjal-3321	931	24	,	,	PUNCT
cjal-3321	931	25	13	13	NUM
cjal-3321	931	26	organizational	organizational	ADJ
cjal-3321	931	27	be	be	AUX
cjal-3321	931	28	]	]	PUNCT
cjal-3321	931	29	iav	iav	NOUN
cjal-3321	931	30	.	.	PUNCT
cjal-3321	931	31	&	&	CCONJ
cjal-3321	931	32	hum	hum	PROPN
cjal-3321	931	33	.	.	PUNCT
cjal-3321	932	1	performance	performance	NOUN
cjal-3321	932	2	1	1	NUM
cjal-3321	932	3	,	,	PUNCT
cjal-3321	932	4	1	1	NUM
cjal-3321	932	5	-	-	SYM
cjal-3321	932	6	16	16	NUM
cjal-3321	932	7	(	(	PUNCT
cjal-3321	932	8	1975	1975	NUM
cjal-3321	932	9	)	)	PUNCT
cjal-3321	932	10	.	.	PUNCT
cjal-3321	933	1	25	25	NUM
cjal-3321	933	2	weng	weng	PROPN
cjal-3321	933	3	,	,	PUNCT
cjal-3321	933	4	supra	supra	PROPN
cjal-3321	933	5	note	note	PROPN
cjal-3321	933	6	19	19	NUM
cjal-3321	933	7	,	,	PUNCT
cjal-3321	933	8	at	at	ADP
cjal-3321	933	9	133	133	NUM
cjal-3321	933	10	-	-	SYM
cjal-3321	933	11	37	37	NUM
cjal-3321	933	12	.	.	PUNCT
cjal-3321	934	1	2o6	2o6	NUM
cjal-3321	934	2	su	su	PROPN
cjal-3321	934	3	li	li	PROPN
cjal-3321	934	4	(	(	PUNCT
cjal-3321	934	5	'	'	NUM
cjal-3321	934	6	)	)	PUNCT
cjal-3321	934	7	y.jj	y.jj	NOUN
cjal-3321	934	8	)	)	PUNCT
cjal-3321	934	9	,	,	PUNCT
cjal-3321	934	10	faguan	faguan	PROPN
cjal-3321	934	11	linxuan	linxuan	PROPN
cjal-3321	934	12	zhidu	zhidu	PROPN
cjal-3321	934	13	kaocha	kaocha	PROPN
cjal-3321	934	14	(	(	PUNCT
cjal-3321	934	15	'	'	PUNCT
cjal-3321	934	16	_	_	NOUN
cjal-3321	934	17	j	j	NOUN
cjal-3321	934	18	,	,	PUNCT
cjal-3321	934	19	f-	f-	X
cjal-3321	934	20	)	)	PUNCT
cjal-3321	935	1	[	[	X
cjal-3321	935	2	a	a	DET
cjal-3321	935	3	probe	probe	NOUN
cjal-3321	935	4	into	into	ADP
cjal-3321	935	5	the	the	DET
cjal-3321	935	6	judge	judge	NOUN
cjal-3321	935	7	selection	selection	NOUN
cjal-3321	935	8	system	system	NOUN
cjal-3321	935	9	]	]	PUNCT
cjal-3321	935	10	,	,	PUNCT
cjal-3321	935	11	faxue	faxue	NOUN
cjal-3321	935	12	yuekan	yuekan	PROPN
cjal-3321	935	13	(	(	PUNCT
cjal-3321	935	14	!	!	PUNCT
cjal-3321	935	15	-	-	PUNCT
cjal-3321	935	16	!	!	PUNCT
cjal-3321	936	1	jj	jj	PROPN
cjal-3321	936	2	:	:	PUNCT
cjal-3321	936	3	tj	tj	NOUN
cjal-3321	936	4	)	)	PUNCT
cjal-3321	937	1	[	[	X
cjal-3321	937	2	legal	legal	ADJ
cjal-3321	937	3	sci	sci	PROPN
cjal-3321	937	4	.	.	PUNCT
cjal-3321	938	1	monthly	monthly	ADV
cjal-3321	938	2	]	]	X
cjal-3321	938	3	,	,	PUNCT
cjal-3321	938	4	no	no	INTJ
cjal-3321	938	5	.	.	NOUN
cjal-3321	938	6	3	3	NUM
cjal-3321	938	7	,	,	PUNCT
cjal-3321	938	8	2004	2004	NUM
cjal-3321	938	9	,	,	PUNCT
cjal-3321	938	10	at	at	ADP
cjal-3321	938	11	3	3	NUM
cjal-3321	938	12	,	,	PUNCT
cjal-3321	938	13	4	4	NUM
cjal-3321	938	14	-	-	SYM
cjal-3321	938	15	8	8	NUM
cjal-3321	938	16	.	.	PUNCT
cjal-3321	939	1	see	see	VERB
cjal-3321	939	2	also	also	ADV
cjal-3321	939	3	he	he	PRON
cjal-3321	939	4	weifang	weifang	PROPN
cjal-3321	939	5	(	(	PUNCT
cjal-3321	939	6	'	'	NUM
cjal-3321	939	7	,	,	PUNCT
cjal-3321	939	8	i'j.i	i'j.i	ADJ
cjal-3321	939	9	)	)	PUNCT
cjal-3321	939	10	,	,	PUNCT
cjal-3321	939	11	fuzhuan	fuzhuan	NOUN
cjal-3321	939	12	junren	junren	PROPN
cjal-3321	939	13	jin	jin	PROPN
cjal-3321	939	14	fayuan	fayuan	PROPN
cjal-3321	939	15	(	(	PUNCT
cjal-3321	939	16	_	_	NOUN
cjal-3321	939	17	4y	4y	NUM
cjal-3321	939	18	.)f	.)f	PUNCT
cjal-3321	940	1	[	[	AUX
cjal-3321	940	2	retired	retired	ADJ
cjal-3321	940	3	military	military	ADJ
cjal-3321	940	4	officers	officer	NOUN
cjal-3321	940	5	entering	enter	VERB
cjal-3321	940	6	the	the	DET
cjal-3321	940	7	judiciary	judiciary	NOUN
cjal-3321	940	8	]	]	PUNCT
cjal-3321	940	9	,	,	PUNCT
cjal-3321	940	10	nanfang	nanfang	PROPN
cjal-3321	940	11	zhoumo	zhoumo	PROPN
cjal-3321	940	12	(	(	PUNCT
cjal-3321	940	13	wt	wt	PROPN
cjal-3321	940	14	j7iaz	j7iaz	PROPN
cjal-3321	940	15	)	)	PUNCT
cjal-3321	941	1	[	[	X
cjal-3321	941	2	s.	s.	PROPN
cjal-3321	941	3	wkly.i	wkly.i	PROPN
cjal-3321	941	4	,	,	PUNCT
cjal-3321	941	5	jan	jan	PROPN
cjal-3321	941	6	.	.	PROPN
cjal-3321	941	7	2	2	NUM
cjal-3321	941	8	,	,	PUNCT
cjal-3321	941	9	1998	1998	NUM
cjal-3321	941	10	,	,	PUNCT
cjal-3321	941	11	available	available	ADJ
cjal-3321	941	12	at	at	ADP
cjal-3321	941	13	http://article.chinalawinfo.com/	http://article.chinalawinfo.com/	PROPN
cjal-3321	941	14	articledetail.asp?articleld=264o2	articledetail.asp?articleld=264o2	NOUN
cjal-3321	941	15	;	;	PUNCT
cjal-3321	941	16	taroh	taroh	NOUN
cjal-3321	941	17	lnoue	lnoue	NOUN
cjal-3321	941	18	,	,	PUNCT
cjal-3321	941	19	introduction	introduction	NOUN
cjal-3321	941	20	to	to	ADP
cjal-3321	941	21	international	international	ADJ
cjal-3321	941	22	commercialarbitration	commercialarbitration	NOUN
cjal-3321	941	23	in	in	ADP
cjal-3321	941	24	china	china	PROPN
cjal-3321	941	25	,	,	PUNCT
cjal-3321	941	26	36	36	NUM
cjal-3321	941	27	h.k.l.j	h.k.l.j	PROPN
cjal-3321	941	28	.	.	PROPN
cjal-3321	941	29	171	171	NUM
cjal-3321	941	30	,	,	PUNCT
cjal-3321	941	31	193	193	NUM
cjal-3321	941	32	(	(	PUNCT
cjal-3321	941	33	20o6	20o6	NUM
cjal-3321	941	34	)	)	PUNCT
cjal-3321	941	35	.	.	PUNCT
cjal-3321	942	1	207	207	NUM
cjal-3321	942	2	jonas	jonas	PROPN
cjal-3321	942	3	grimheden	grimheden	VERB
cjal-3321	942	4	,	,	PUNCT
cjal-3321	942	5	the	the	DET
cjal-3321	942	6	reform	reform	NOUN
cjal-3321	942	7	path	path	NOUN
cjal-3321	942	8	of	of	ADP
cjal-3321	942	9	the	the	DET
cjal-3321	942	10	chinese	chinese	ADJ
cjal-3321	942	11	judiciary	judiciary	NOUN
cjal-3321	942	12	:	:	PUNCT
cjal-3321	942	13	progress	progress	NOUN
cjal-3321	942	14	or	or	CCONJ
cjal-3321	942	15	stand	stand	VERB
cjal-3321	942	16	-	-	PUNCT
cjal-3321	942	17	still	still	ADV
cjal-3321	942	18	?	?	PUNCT
cjal-3321	942	19	,	,	PUNCT
cjal-3321	942	20	30	30	NUM
cjal-3321	942	21	fordiam	fordiam	NOUN
cjal-3321	942	22	int'l	int'l	PROPN
cjal-3321	942	23	l.j	l.j	PROPN
cjal-3321	942	24	.	.	PROPN
cjal-3321	942	25	1ooo	1ooo	NUM
cjal-3321	942	26	,	,	PUNCT
cjal-3321	942	27	1011	1011	NUM
cjal-3321	942	28	-	-	SYM
cjal-3321	942	29	12	12	NUM
cjal-3321	942	30	(	(	PUNCT
cjal-3321	942	31	2007	2007	NUM
cjal-3321	942	32	)	)	PUNCT
cjal-3321	942	33	.	.	PUNCT
cjal-3321	943	1	2o8	2o8	NUM
cjal-3321	943	2	luo	luo	PROPN
cjal-3321	943	3	,	,	PUNCT
cjal-3321	943	4	li	li	PROPN
cjal-3321	943	5	&	&	CCONJ
cjal-3321	943	6	zhao	zhao	PROPN
cjal-3321	943	7	,	,	PUNCT
cjal-3321	943	8	supra	supra	PROPN
cjal-3321	943	9	note	note	NOUN
cjal-3321	943	10	78	78	NUM
cjal-3321	943	11	.	.	PUNCT
cjal-3321	944	1	209	209	NUM
cjal-3321	944	2	e.	e.	PROPN
cjal-3321	944	3	norman	norman	PROPN
cjal-3321	944	4	veasey	veasey	PROPN
cjal-3321	944	5	,	,	PUNCT
cjal-3321	944	6	the	the	DET
cjal-3321	944	7	new	new	ADJ
cjal-3321	944	8	incarnation	incarnation	NOUN
cjal-3321	944	9	of	of	ADP
cjal-3321	944	10	the	the	DET
cjal-3321	944	11	business	business	NOUN
cjal-3321	944	12	judgment	judgment	NOUN
cjal-3321	944	13	rule	rule	NOUN
cjal-3321	944	14	in	in	ADP
cjal-3321	944	15	takeover	takeover	NOUN
cjal-3321	944	16	defenses	defense	NOUN
cjal-3321	944	17	,	,	PUNCT
cjal-3321	944	18	11	11	NUM
cjal-3321	944	19	del	del	PROPN
cjal-3321	944	20	.	.	PROPN
cjal-3321	944	21	j.	j.	PROPN
cjal-3321	944	22	corp	corp	PROPN
cjal-3321	944	23	.	.	PROPN
cjal-3321	944	24	l.	l.	PROPN
cjal-3321	944	25	503	503	NUM
cjal-3321	944	26	,	,	PUNCT
cjal-3321	944	27	5o6	5o6	NUM
cjal-3321	944	28	(	(	PUNCT
cjal-3321	944	29	1986	1986	NUM
cjal-3321	944	30	)	)	PUNCT
cjal-3321	944	31	.	.	PUNCT
cjal-3321	945	1	210	210	NUM
cjal-3321	945	2	van	van	PROPN
cjal-3321	945	3	gorkom	gorkom	NOUN
cjal-3321	945	4	,	,	PUNCT
cjal-3321	945	5	488	488	NUM
cjal-3321	945	6	a.2d	a.2d	PUNCT
cjal-3321	945	7	at	at	ADP
cjal-3321	945	8	858	858	NUM
cjal-3321	945	9	.	.	PUNCT
cjal-3321	945	10	21	21	NUM
cjal-3321	945	11	weng	weng	PROPN
cjal-3321	945	12	,	,	PUNCT
cjal-3321	945	13	supra	supra	PROPN
cjal-3321	945	14	note	note	NOUN
cjal-3321	945	15	1	1	NUM
cjal-3321	945	16	g	g	NOUN
cjal-3321	945	17	,	,	PUNCT
cjal-3321	945	18	at	at	ADP
cjal-3321	945	19	129	129	NUM
cjal-3321	945	20	(	(	PUNCT
cjal-3321	945	21	describing	describe	VERB
cjal-3321	945	22	the	the	DET
cjal-3321	945	23	business	business	NOUN
cjal-3321	945	24	judgment	judgment	NOUN
cjal-3321	945	25	rule	rule	NOUN
cjal-3321	945	26	and	and	CCONJ
cjal-3321	945	27	conditions	condition	NOUN
cjal-3321	945	28	for	for	ADP
cjal-3321	945	29	its	its	PRON
cjal-3321	945	30	application	application	NOUN
cjal-3321	945	31	)	)	PUNCT
cjal-3321	945	32	.	.	PUNCT
cjal-3321	946	1	the	the	DET
cjal-3321	946	2	efficacy	efficacy	NOUN
cjal-3321	946	3	of	of	ADP
cjal-3321	946	4	chinese	chinese	ADJ
cjal-3321	946	5	takeover	takeover	NOUN
cjal-3321	946	6	laws	law	NOUN
cjal-3321	946	7	220	220	NUM
cjal-3321	946	8	221	221	NUM
cjal-3321	946	9	columbia	columbia	PROPN
cjal-3321	946	10	journal	journal	PROPN
cjal-3321	946	11	ofasian	ofasian	ADJ
cjal-3321	946	12	law	law	NOUN
cjal-3321	946	13	,	,	PUNCT
cjal-3321	946	14	vol	vol	NOUN
cjal-3321	946	15	.	.	PROPN
cjal-3321	946	16	25	25	NUM
cjal-3321	946	17	,	,	PUNCT
cjal-3321	946	18	no	no	INTJ
cjal-3321	946	19	.	.	NOUN
cjal-3321	946	20	2	2	NUM
cjal-3321	946	21	(	(	PUNCT
cjal-3321	946	22	2012	2012	NUM
cjal-3321	946	23	)	)	PUNCT
cjal-3321	946	24	are	be	AUX
cjal-3321	946	25	subject	subject	ADJ
cjal-3321	946	26	to	to	ADP
cjal-3321	946	27	additional	additional	ADJ
cjal-3321	946	28	judicial	judicial	ADJ
cjal-3321	946	29	scrutiny	scrutiny	NOUN
cjal-3321	946	30	in	in	ADP
cjal-3321	946	31	comparison	comparison	NOUN
cjal-3321	946	32	to	to	ADP
cjal-3321	946	33	the	the	DET
cjal-3321	946	34	level	level	NOUN
cjal-3321	946	35	of	of	ADP
cjal-3321	946	36	judicial	judicial	ADJ
cjal-3321	946	37	scrutiny	scrutiny	NOUN
cjal-3321	946	38	under	under	ADP
cjal-3321	946	39	the	the	DET
cjal-3321	946	40	traditional	traditional	ADJ
cjal-3321	946	41	business	business	NOUN
cjal-3321	946	42	judgment	judgment	NOUN
cjal-3321	946	43	rule	rule	NOUN
cjal-3321	946	44	.	.	PUNCT
cjal-3321	947	1	although	although	SCONJ
cjal-3321	947	2	the	the	DET
cjal-3321	947	3	outsourcing	outsourcing	NOUN
cjal-3321	947	4	of	of	ADP
cjal-3321	947	5	valuation	valuation	NOUN
cjal-3321	947	6	to	to	ADP
cjal-3321	947	7	independent	independent	ADJ
cjal-3321	947	8	third	third	ADJ
cjal-3321	947	9	parties	party	NOUN
cjal-3321	947	10	has	have	AUX
cjal-3321	947	11	been	be	AUX
cjal-3321	947	12	criticized	criticize	VERB
cjal-3321	947	13	as	as	ADP
cjal-3321	947	14	a	a	DET
cjal-3321	947	15	burden	burden	NOUN
cjal-3321	947	16	on	on	ADP
cjal-3321	947	17	the	the	DET
cjal-3321	947	18	target	target	NOUN
cjal-3321	947	19	company	company	NOUN
cjal-3321	947	20	,	,	PUNCT
cjal-3321	947	21	2	2	NUM
cjal-3321	947	22	1	1	NUM
cjal-3321	947	23	2	2	NUM
cjal-3321	947	24	it	it	PRON
cjal-3321	947	25	is	be	AUX
cjal-3321	947	26	widely	widely	ADV
cjal-3321	947	27	recognized	recognize	VERB
cjal-3321	947	28	as	as	ADP
cjal-3321	947	29	a	a	DET
cjal-3321	947	30	cardinal	cardinal	ADJ
cjal-3321	947	31	method	method	NOUN
cjal-3321	947	32	in	in	ADP
cjal-3321	947	33	evaluating	evaluate	VERB
cjal-3321	947	34	the	the	DET
cjal-3321	947	35	rationality	rationality	NOUN
cjal-3321	947	36	of	of	ADP
cjal-3321	947	37	board	board	NOUN
cjal-3321	947	38	's	's	PART
cjal-3321	947	39	decision	decision	NOUN
cjal-3321	947	40	-	-	PUNCT
cjal-3321	947	41	making	make	VERB
cjal-3321	947	42	process	process	NOUN
cjal-3321	947	43	.	.	PUNCT
cjal-3321	948	1	to	to	PART
cjal-3321	948	2	facilitate	facilitate	VERB
cjal-3321	948	3	private	private	ADJ
cjal-3321	948	4	enforcement	enforcement	NOUN
cjal-3321	948	5	,	,	PUNCT
cjal-3321	948	6	the	the	DET
cjal-3321	948	7	purpose	purpose	NOUN
cjal-3321	948	8	of	of	ADP
cjal-3321	948	9	outsourcing	outsourcing	NOUN
cjal-3321	948	10	should	should	AUX
cjal-3321	948	11	be	be	AUX
cjal-3321	948	12	clarified	clarify	VERB
cjal-3321	948	13	to	to	PART
cjal-3321	948	14	restore	restore	VERB
cjal-3321	948	15	its	its	PRON
cjal-3321	948	16	real	real	ADJ
cjal-3321	948	17	legal	legal	ADJ
cjal-3321	948	18	function	function	NOUN
cjal-3321	948	19	:	:	PUNCT
cjal-3321	948	20	protecting	protect	VERB
cjal-3321	948	21	shareholders	shareholder	NOUN
cjal-3321	948	22	'	'	PART
cjal-3321	948	23	value	value	NOUN
cjal-3321	948	24	from	from	ADP
cjal-3321	948	25	being	be	AUX
cjal-3321	948	26	jeopardized	jeopardize	VERB
cjal-3321	948	27	by	by	ADP
cjal-3321	948	28	uninformed	uninformed	ADJ
cjal-3321	948	29	,	,	PUNCT
cjal-3321	948	30	self	self	NOUN
cjal-3321	948	31	-	-	PUNCT
cjal-3321	948	32	interested	interested	ADJ
cjal-3321	948	33	,	,	PUNCT
cjal-3321	948	34	and	and	CCONJ
cjal-3321	948	35	reckless	reckless	ADJ
cjal-3321	948	36	board	board	NOUN
cjal-3321	948	37	decisions	decision	NOUN
cjal-3321	948	38	.	.	PUNCT
cjal-3321	949	1	conclusion	conclusion	NOUN
cjal-3321	949	2	a	a	DET
cjal-3321	949	3	careful	careful	ADJ
cjal-3321	949	4	examination	examination	NOUN
cjal-3321	949	5	of	of	ADP
cjal-3321	949	6	the	the	DET
cjal-3321	949	7	chinese	chinese	ADJ
cjal-3321	949	8	takeover	takeover	NOUN
cjal-3321	949	9	laws	law	NOUN
cjal-3321	949	10	highlights	highlight	VERB
cjal-3321	949	11	a	a	DET
cjal-3321	949	12	number	number	NOUN
cjal-3321	949	13	of	of	ADP
cjal-3321	949	14	problems	problem	NOUN
cjal-3321	949	15	,	,	PUNCT
cjal-3321	949	16	some	some	PRON
cjal-3321	949	17	invited	invite	VERB
cjal-3321	949	18	by	by	ADP
cjal-3321	949	19	anachronistic	anachronistic	ADJ
cjal-3321	949	20	legislative	legislative	ADJ
cjal-3321	949	21	approaches	approach	NOUN
cjal-3321	949	22	and	and	CCONJ
cjal-3321	949	23	others	other	NOUN
cjal-3321	949	24	caused	cause	VERB
cjal-3321	949	25	by	by	ADP
cjal-3321	949	26	gaps	gap	NOUN
cjal-3321	949	27	in	in	ADP
cjal-3321	949	28	the	the	DET
cjal-3321	949	29	private	private	ADJ
cjal-3321	949	30	enforcement	enforcement	NOUN
cjal-3321	949	31	regime	regime	NOUN
cjal-3321	949	32	.	.	PUNCT
cjal-3321	950	1	the	the	DET
cjal-3321	950	2	csrc	csrc	NOUN
cjal-3321	950	3	's	's	PART
cjal-3321	950	4	legal	legal	ADJ
cjal-3321	950	5	and	and	CCONJ
cjal-3321	950	6	political	political	ADJ
cjal-3321	950	7	dependence	dependence	NOUN
cjal-3321	950	8	on	on	ADP
cjal-3321	950	9	the	the	DET
cjal-3321	950	10	central	central	ADJ
cjal-3321	950	11	government	government	NOUN
cjal-3321	950	12	limits	limit	VERB
cjal-3321	950	13	its	its	PRON
cjal-3321	950	14	latitude	latitude	NOUN
cjal-3321	950	15	in	in	ADP
cjal-3321	950	16	rulemaking	rulemaking	NOUN
cjal-3321	950	17	.	.	PUNCT
cjal-3321	951	1	the	the	DET
cjal-3321	951	2	resulting	result	VERB
cjal-3321	951	3	pro	pro	ADJ
cjal-3321	951	4	-	-	ADJ
cjal-3321	951	5	government	government	ADJ
cjal-3321	951	6	philosophy	philosophy	NOUN
cjal-3321	951	7	has	have	AUX
cjal-3321	951	8	led	lead	VERB
cjal-3321	951	9	to	to	ADP
cjal-3321	951	10	its	its	PRON
cjal-3321	951	11	soe	soe	ADJ
cjal-3321	951	12	-	-	PUNCT
cjal-3321	951	13	friendly	friendly	ADJ
cjal-3321	951	14	approach	approach	NOUN
cjal-3321	951	15	in	in	ADP
cjal-3321	951	16	market	market	NOUN
cjal-3321	951	17	supervision	supervision	NOUN
cjal-3321	951	18	.	.	PUNCT
cjal-3321	952	1	while	while	SCONJ
cjal-3321	952	2	the	the	DET
cjal-3321	952	3	regulations	regulation	NOUN
cjal-3321	952	4	are	be	AUX
cjal-3321	952	5	neither	neither	CCONJ
cjal-3321	952	6	unequivocally	unequivocally	ADV
cjal-3321	952	7	shareholder	shareholder	NOUN
cjal-3321	952	8	-	-	PUNCT
cjal-3321	952	9	friendly	friendly	ADJ
cjal-3321	952	10	nor	nor	CCONJ
cjal-3321	952	11	takeover	takeover	NOUN
cjal-3321	952	12	-	-	PUNCT
cjal-3321	952	13	friendly	friendly	ADJ
cjal-3321	952	14	on	on	ADP
cjal-3321	952	15	their	their	PRON
cjal-3321	952	16	face	face	NOUN
cjal-3321	952	17	,	,	PUNCT
cjal-3321	952	18	it	it	PRON
cjal-3321	952	19	is	be	AUX
cjal-3321	952	20	clear	clear	ADJ
cjal-3321	952	21	that	that	SCONJ
cjal-3321	952	22	they	they	PRON
cjal-3321	952	23	insulate	insulate	VERB
cjal-3321	952	24	soes	soe	NOUN
cjal-3321	952	25	from	from	ADP
cjal-3321	952	26	market	market	NOUN
cjal-3321	952	27	discipline	discipline	NOUN
cjal-3321	952	28	at	at	ADP
cjal-3321	952	29	the	the	DET
cjal-3321	952	30	expense	expense	NOUN
cjal-3321	952	31	of	of	ADP
cjal-3321	952	32	other	other	ADJ
cjal-3321	952	33	constituencies	constituency	NOUN
cjal-3321	952	34	.	.	PUNCT
cjal-3321	953	1	in	in	ADP
cjal-3321	953	2	light	light	NOUN
cjal-3321	953	3	of	of	ADP
cjal-3321	953	4	the	the	DET
cjal-3321	953	5	shift	shift	NOUN
cjal-3321	953	6	in	in	ADP
cjal-3321	953	7	the	the	DET
cjal-3321	953	8	central	central	ADJ
cjal-3321	953	9	government	government	NOUN
cjal-3321	953	10	's	's	PART
cjal-3321	953	11	focus	focus	NOUN
cjal-3321	953	12	and	and	CCONJ
cjal-3321	953	13	the	the	DET
cjal-3321	953	14	landscape	landscape	NOUN
cjal-3321	953	15	of	of	ADP
cjal-3321	953	16	capital	capital	NOUN
cjal-3321	953	17	market	market	NOUN
cjal-3321	953	18	,	,	PUNCT
cjal-3321	953	19	the	the	DET
cjal-3321	953	20	soe	soe	ADJ
cjal-3321	953	21	-	-	PUNCT
cjal-3321	953	22	friendly	friendly	ADJ
cjal-3321	953	23	approach	approach	NOUN
cjal-3321	953	24	of	of	ADP
cjal-3321	953	25	the	the	DET
cjal-3321	953	26	csrc	csrc	NOUN
cjal-3321	953	27	is	be	AUX
cjal-3321	953	28	outdated	outdate	VERB
cjal-3321	953	29	and	and	CCONJ
cjal-3321	953	30	should	should	AUX
cjal-3321	953	31	be	be	AUX
cjal-3321	953	32	replaced	replace	VERB
cjal-3321	953	33	.	.	PUNCT
cjal-3321	954	1	with	with	ADP
cjal-3321	954	2	the	the	DET
cjal-3321	954	3	central	central	ADJ
cjal-3321	954	4	government	government	NOUN
cjal-3321	954	5	's	's	PART
cjal-3321	954	6	emphasis	emphasis	NOUN
cjal-3321	954	7	on	on	ADP
cjal-3321	954	8	maintaining	maintain	VERB
cjal-3321	954	9	social	social	ADJ
cjal-3321	954	10	stability	stability	NOUN
cjal-3321	954	11	,	,	PUNCT
cjal-3321	954	12	the	the	DET
cjal-3321	954	13	csrc	csrc	NOUN
cjal-3321	954	14	should	should	AUX
cjal-3321	954	15	adjust	adjust	VERB
cjal-3321	954	16	its	its	PRON
cjal-3321	954	17	legislative	legislative	ADJ
cjal-3321	954	18	approach	approach	NOUN
cjal-3321	954	19	from	from	ADP
cjal-3321	954	20	benefiting	benefit	VERB
cjal-3321	954	21	soes	soe	NOUN
cjal-3321	954	22	to	to	ADP
cjal-3321	954	23	maximizing	maximize	VERB
cjal-3321	954	24	overall	overall	ADJ
cjal-3321	954	25	shareholder	shareholder	NOUN
cjal-3321	954	26	welfare	welfare	NOUN
cjal-3321	954	27	.	.	PUNCT
cjal-3321	955	1	less	less	ADV
cjal-3321	955	2	frequent	frequent	ADJ
cjal-3321	955	3	but	but	CCONJ
cjal-3321	955	4	more	more	ADV
cjal-3321	955	5	focused	focused	ADJ
cjal-3321	955	6	disclosure	disclosure	NOUN
cjal-3321	955	7	requirements	requirement	NOUN
cjal-3321	955	8	,	,	PUNCT
cjal-3321	955	9	an	an	DET
cjal-3321	955	10	opt	opt	VERB
cjal-3321	955	11	-	-	PUNCT
cjal-3321	955	12	out	out	ADP
cjal-3321	955	13	mandatory	mandatory	ADJ
cjal-3321	955	14	bid	bid	NOUN
cjal-3321	955	15	rule	rule	NOUN
cjal-3321	955	16	,	,	PUNCT
cjal-3321	955	17	and	and	CCONJ
cjal-3321	955	18	a	a	DET
cjal-3321	955	19	more	more	ADV
cjal-3321	955	20	explicit	explicit	ADJ
cjal-3321	955	21	squeeze	squeeze	NOUN
cjal-3321	955	22	-	-	PUNCT
cjal-3321	955	23	out	out	ADP
cjal-3321	955	24	rule	rule	NOUN
cjal-3321	955	25	will	will	AUX
cjal-3321	955	26	enhance	enhance	VERB
cjal-3321	955	27	shareholder	shareholder	NOUN
cjal-3321	955	28	protection	protection	NOUN
cjal-3321	955	29	in	in	ADP
cjal-3321	955	30	takeover	takeover	NOUN
cjal-3321	955	31	regulations	regulation	NOUN
cjal-3321	955	32	.	.	PUNCT
cjal-3321	956	1	moreover	moreover	ADV
cjal-3321	956	2	,	,	PUNCT
cjal-3321	956	3	to	to	PART
cjal-3321	956	4	facilitate	facilitate	VERB
cjal-3321	956	5	private	private	ADJ
cjal-3321	956	6	enforcement	enforcement	NOUN
cjal-3321	956	7	,	,	PUNCT
cjal-3321	956	8	the	the	DET
cjal-3321	956	9	scope	scope	NOUN
cjal-3321	956	10	of	of	ADP
cjal-3321	956	11	fiduciary	fiduciary	ADJ
cjal-3321	956	12	duty	duty	NOUN
cjal-3321	956	13	should	should	AUX
cjal-3321	956	14	be	be	AUX
cjal-3321	956	15	clarified	clarify	VERB
cjal-3321	956	16	,	,	PUNCT
cjal-3321	956	17	and	and	CCONJ
cjal-3321	956	18	the	the	DET
cjal-3321	956	19	current	current	ADJ
cjal-3321	956	20	quasi	quasi	NOUN
cjal-3321	956	21	-	-	ADJ
cjal-3321	956	22	legislative	legislative	ADJ
cjal-3321	956	23	/	/	SYM
cjal-3321	956	24	quasi	quasi	ADJ
cjal-3321	956	25	-	-	ADJ
cjal-3321	956	26	adjudicatory	adjudicatory	ADJ
cjal-3321	956	27	business	business	NOUN
cjal-3321	956	28	judgment	judgment	NOUN
cjal-3321	956	29	rule	rule	NOUN
cjal-3321	956	30	should	should	AUX
cjal-3321	956	31	be	be	AUX
cjal-3321	956	32	codified	codify	VERB
cjal-3321	956	33	in	in	ADP
cjal-3321	956	34	takeover	takeover	NOUN
cjal-3321	956	35	laws	law	NOUN
cjal-3321	956	36	.	.	PUNCT
cjal-3321	957	1	kenneth	kenneth	PROPN
cjal-3321	957	2	e.	e.	PROPN
cjal-3321	957	3	scott	scott	PROPN
cjal-3321	957	4	,	,	PUNCT
cjal-3321	957	5	corporation	corporation	NOUN
cjal-3321	957	6	law	law	NOUN
cjal-3321	957	7	and	and	CCONJ
cjal-3321	957	8	the	the	DET
cjal-3321	957	9	american	american	PROPN
cjal-3321	957	10	law	law	PROPN
cjal-3321	957	11	institute	institute	PROPN
cjal-3321	957	12	corporate	corporate	ADJ
cjal-3321	957	13	governance	governance	NOUN
cjal-3321	957	14	project	project	NOUN
cjal-3321	957	15	,	,	PUNCT
cjal-3321	957	16	35	35	NUM
cjal-3321	957	17	stan	stan	NOUN
cjal-3321	957	18	.	.	PUNCT
cjal-3321	958	1	l.	l.	PROPN
cjal-3321	958	2	rev	rev	PROPN
cjal-3321	958	3	.	.	PROPN
cjal-3321	959	1	927	927	NUM
cjal-3321	959	2	(	(	PUNCT
cjal-3321	959	3	1983	1983	NUM
cjal-3321	959	4	)	)	PUNCT
cjal-3321	959	5	(	(	PUNCT
cjal-3321	959	6	criticizing	criticize	VERB
cjal-3321	959	7	outsourcing	outsourcing	NOUN
cjal-3321	959	8	as	as	ADP
cjal-3321	959	9	time	time	NOUN
cjal-3321	959	10	consuming	consume	VERB
cjal-3321	959	11	and	and	CCONJ
cjal-3321	959	12	redundant	redundant	ADJ
cjal-3321	959	13	,	,	PUNCT
cjal-3321	959	14	even	even	ADV
cjal-3321	959	15	for	for	ADP
cjal-3321	959	16	corporate	corporate	ADJ
cjal-3321	959	17	directors	director	NOUN
cjal-3321	959	18	)	)	PUNCT
cjal-3321	959	19	.	.	PUNCT