id	sid	tid	token	lemma	pos
cjal-9207	1	1	columbia	columbia	PROPN
cjal-9207	1	2	journal	journal	PROPN
cjal-9207	1	3	of	of	ADP
cjal-9207	1	4	asian	asian	ADJ
cjal-9207	1	5	law	law	NOUN
cjal-9207	1	6	volume	volume	NOUN
cjal-9207	1	7	30	30	NUM
cjal-9207	1	8	fall	fall	NOUN
cjal-9207	1	9	2016	2016	NUM
cjal-9207	1	10	number	number	NOUN
cjal-9207	1	11	1	1	NUM
cjal-9207	1	12	articles	article	NOUN
cjal-9207	1	13	minority	minority	NOUN
cjal-9207	1	14	public	public	ADJ
cjal-9207	1	15	shareholders	shareholder	NOUN
cjal-9207	1	16	in	in	ADP
cjal-9207	1	17	china	china	PROPN
cjal-9207	1	18	's	's	PART
cjal-9207	1	19	concentrated	concentrated	ADJ
cjal-9207	1	20	capital	capital	NOUN
cjal-9207	1	21	marketsa	marketsa	VERB
cjal-9207	1	22	new	new	ADJ
cjal-9207	1	23	paradigm	paradigm	NOUN
cjal-9207	1	24	?	?	PUNCT
cjal-9207	2	1	tamar	tamar	PROPN
cjal-9207	2	2	groswald	groswald	PROPN
cjal-9207	2	3	ozery	ozery	PROPN
cjal-9207	2	4	*	*	PUNCT
cjal-9207	3	1	this	this	DET
cjal-9207	3	2	article	article	NOUN
cjal-9207	3	3	provides	provide	VERB
cjal-9207	3	4	a	a	DET
cjal-9207	3	5	detailed	detailed	ADJ
cjal-9207	3	6	analysis	analysis	NOUN
cjal-9207	3	7	of	of	ADP
cjal-9207	3	8	the	the	DET
cjal-9207	3	9	role	role	NOUN
cjal-9207	3	10	of	of	ADP
cjal-9207	3	11	public	public	ADJ
cjal-9207	3	12	shareholders	shareholder	NOUN
cjal-9207	3	13	in	in	ADP
cjal-9207	3	14	firm	firm	ADJ
cjal-9207	3	15	monitoring	monitoring	NOUN
cjal-9207	3	16	and	and	CCONJ
cjal-9207	3	17	corporate	corporate	ADJ
cjal-9207	3	18	governance	governance	NOUN
cjal-9207	3	19	in	in	ADP
cjal-9207	3	20	one	one	NUM
cjal-9207	3	21	of	of	ADP
cjal-9207	3	22	the	the	DET
cjal-9207	3	23	world	world	NOUN
cjal-9207	3	24	's	's	PART
cjal-9207	3	25	most	most	ADV
cjal-9207	3	26	concentrated	concentrated	ADJ
cjal-9207	3	27	ownership	ownership	NOUN
cjal-9207	3	28	environments	environment	NOUN
cjal-9207	3	29	-	-	PUNCT
cjal-9207	3	30	china	china	PROPN
cjal-9207	3	31	's	's	PART
cjal-9207	3	32	controlled	control	VERB
cjal-9207	3	33	capital	capital	NOUN
cjal-9207	3	34	markets	market	NOUN
cjal-9207	3	35	.	.	PUNCT
cjal-9207	4	1	it	it	PRON
cjal-9207	4	2	moves	move	VERB
cjal-9207	4	3	beyond	beyond	ADP
cjal-9207	4	4	the	the	DET
cjal-9207	4	5	existing	exist	VERB
cjal-9207	4	6	literature	literature	NOUN
cjal-9207	4	7	to	to	PART
cjal-9207	4	8	explore	explore	VERB
cjal-9207	4	9	in	in	ADP
cjal-9207	4	10	a	a	DET
cjal-9207	4	11	comparative	comparative	ADJ
cjal-9207	4	12	fashion	fashion	NOUN
cjal-9207	4	13	innovative	innovative	NOUN
cjal-9207	4	14	and	and	CCONJ
cjal-9207	4	15	sometimes	sometimes	ADV
cjal-9207	4	16	idiosyncratic	idiosyncratic	ADJ
cjal-9207	4	17	ways	way	NOUN
cjal-9207	4	18	by	by	ADP
cjal-9207	4	19	which	which	PRON
cjal-9207	4	20	public	public	ADJ
cjal-9207	4	21	shareholders	shareholder	NOUN
cjal-9207	4	22	can	can	AUX
cjal-9207	4	23	be	be	AUX
cjal-9207	4	24	involved	involve	VERB
cjal-9207	4	25	in	in	ADP
cjal-9207	4	26	firm	firm	ADJ
cjal-9207	4	27	monitoring	monitoring	NOUN
cjal-9207	4	28	and	and	CCONJ
cjal-9207	4	29	corporate	corporate	ADJ
cjal-9207	4	30	governance	governance	NOUN
cjal-9207	4	31	.	.	PUNCT
cjal-9207	5	1	in	in	ADP
cjal-9207	5	2	so	so	ADV
cjal-9207	5	3	doing	do	VERB
cjal-9207	5	4	,	,	PUNCT
cjal-9207	5	5	this	this	DET
cjal-9207	5	6	article	article	NOUN
cjal-9207	5	7	sheds	shed	VERB
cjal-9207	5	8	new	new	ADJ
cjal-9207	5	9	light	light	NOUN
cjal-9207	5	10	on	on	ADP
cjal-9207	5	11	the	the	DET
cjal-9207	5	12	global	global	ADJ
cjal-9207	5	13	shift	shift	NOUN
cjal-9207	5	14	in	in	ADP
cjal-9207	5	15	the	the	DET
cjal-9207	5	16	role	role	NOUN
cjal-9207	5	17	of	of	ADP
cjal-9207	5	18	public	public	ADJ
cjal-9207	5	19	shareholders	shareholder	NOUN
cjal-9207	5	20	towards	towards	ADP
cjal-9207	5	21	greater	great	ADJ
cjal-9207	5	22	empowerment	empowerment	NOUN
cjal-9207	5	23	and	and	CCONJ
cjal-9207	5	24	governance	governance	NOUN
cjal-9207	5	25	participation	participation	NOUN
cjal-9207	5	26	.	.	PUNCT
cjal-9207	6	1	contributing	contribute	VERB
cjal-9207	6	2	to	to	PART
cjal-9207	6	3	comparative	comparative	VERB
cjal-9207	6	4	corporate	corporate	ADJ
cjal-9207	6	5	governance	governance	NOUN
cjal-9207	6	6	literature	literature	NOUN
cjal-9207	6	7	,	,	PUNCT
cjal-9207	6	8	this	this	DET
cjal-9207	6	9	article	article	NOUN
cjal-9207	6	10	offers	offer	VERB
cjal-9207	6	11	a	a	DET
cjal-9207	6	12	new	new	ADJ
cjal-9207	6	13	analysis	analysis	NOUN
cjal-9207	6	14	of	of	ADP
cjal-9207	6	15	current	current	ADJ
cjal-9207	6	16	and	and	CCONJ
cjal-9207	6	17	prospective	prospective	ADJ
cjal-9207	6	18	developments	development	NOUN
cjal-9207	6	19	in	in	ADP
cjal-9207	6	20	the	the	DET
cjal-9207	6	21	chinese	chinese	ADJ
cjal-9207	6	22	market	market	NOUN
cjal-9207	6	23	,	,	PUNCT
cjal-9207	6	24	which	which	PRON
cjal-9207	6	25	is	be	AUX
cjal-9207	6	26	of	of	ADP
cjal-9207	6	27	particular	particular	ADJ
cjal-9207	6	28	importance	importance	NOUN
cjal-9207	6	29	globally	globally	ADV
cjal-9207	6	30	as	as	SCONJ
cjal-9207	6	31	this	this	DET
cjal-9207	6	32	market	market	NOUN
cjal-9207	6	33	becomes	become	VERB
cjal-9207	6	34	increasingly	increasingly	ADV
cjal-9207	6	35	central	central	ADJ
cjal-9207	6	36	to	to	ADP
cjal-9207	6	37	the	the	DET
cjal-9207	6	38	world	world	NOUN
cjal-9207	6	39	economy	economy	NOUN
cjal-9207	6	40	.	.	PUNCT
cjal-9207	7	1	i	i	PRON
cjal-9207	7	2	ntroduction	ntroduction	VERB
cjal-9207	7	3	...................................	...................................	PUNCT
cjal-9207	7	4	.	.	PUNCT
cjal-9207	8	1	............................................................	............................................................	PUNCT
cjal-9207	8	2	.	.	PUNCT
cjal-9207	9	1	.........	.........	PUNCT
cjal-9207	9	2	.	.	PUNCT
cjal-9207	10	1	2	2	NUM
cjal-9207	10	2	i.	i.	NOUN
cjal-9207	10	3	minority	minority	NOUN
cjal-9207	10	4	publi	publi	NOUN
cjal-9207	10	5	c	c	NOUN
cjal-9207	10	6	shareh	shareh	NOUN
cjal-9207	10	7	olders	older	NOUN
cjal-9207	10	8	and	and	CCONJ
cjal-9207	10	9	china	china	PROPN
cjal-9207	10	10	's	's	PART
cjal-9207	10	11	concentrated	concentrated	ADJ
cjal-9207	10	12	market	market	NOUN
cjal-9207	10	13	.....	.....	PUNCT
cjal-9207	10	14	..	..	PUNCT
cjal-9207	10	15	..	..	PUNCT
cjal-9207	10	16	6	6	NUM
cjal-9207	10	17	a.	a.	NOUN
cjal-9207	10	18	a	a	DET
cjal-9207	10	19	concentrated	concentrate	VERB
cjal-9207	10	20	capital	capital	NOUN
cjal-9207	10	21	market	market	NOUN
cjal-9207	10	22	with	with	ADP
cjal-9207	10	23	"	"	PUNCT
cjal-9207	10	24	chinese	chinese	ADJ
cjal-9207	10	25	characteristics"corporatization	characteristics"corporatization	NOUN
cjal-9207	10	26	without	without	ADP
cjal-9207	10	27	privatization	privatization	NOUN
cjal-9207	10	28	and	and	CCONJ
cjal-9207	10	29	"	"	PUNCT
cjal-9207	10	30	state	state	NOUN
cjal-9207	10	31	capitalism	capitalism	NOUN
cjal-9207	10	32	"	"	PUNCT
cjal-9207	10	33	........	........	PUNCT
cjal-9207	10	34	.........	.........	PUNCT
cjal-9207	10	35	7	7	NUM
cjal-9207	10	36	b.	b.	NOUN
cjal-9207	10	37	monitoring	monitoring	NOUN
cjal-9207	10	38	oflnsiders	oflnsider	NOUN
cjal-9207	10	39	and	and	CCONJ
cjal-9207	10	40	the	the	DET
cjal-9207	10	41	protection	protection	NOUN
cjal-9207	10	42	of	of	ADP
cjal-9207	10	43	minority	minority	NOUN
cjal-9207	10	44	shareholders	shareholder	NOUN
cjal-9207	10	45	in	in	ADP
cjal-9207	10	46	china	china	PROPN
cjal-9207	10	47	........................	........................	PUNCT
cjal-9207	10	48	......................................	......................................	PUNCT
cjal-9207	10	49	.......................	.......................	PUNCT
cjal-9207	10	50	......................	......................	PUNCT
cjal-9207	11	1	11	11	NUM
cjal-9207	11	2	1	1	X
cjal-9207	11	3	.	.	PUNCT
cjal-9207	11	4	monitoring	monitor	VERB
cjal-9207	11	5	...................	...................	PUNCT
cjal-9207	11	6	..................	..................	PUNCT
cjal-9207	11	7	.......................	.......................	PUNCT
cjal-9207	11	8	........	........	PUNCT
cjal-9207	11	9	.................	.................	PUNCT
cjal-9207	12	1	........	........	PUNCT
cjal-9207	13	1	12	12	NUM
cjal-9207	13	2	2	2	NUM
cjal-9207	13	3	.	.	PUNCT
cjal-9207	14	1	prc	prc	PROPN
cjal-9207	14	2	listed	list	VERB
cjal-9207	14	3	companies	company	NOUN
cjal-9207	14	4	and	and	CCONJ
cjal-9207	14	5	minority	minority	NOUN
cjal-9207	14	6	shareholder	shareholder	NOUN
cjal-9207	14	7	protections	protection	NOUN
cjal-9207	14	8	.........	.........	PUNCT
cjal-9207	14	9	15	15	NUM
cjal-9207	14	10	•	•	NUM
cjal-9207	14	11	michigan	michigan	PROPN
cjal-9207	14	12	grotius	grotius	PROPN
cjal-9207	14	13	doctoral	doctoral	ADJ
cjal-9207	14	14	fellow	fellow	NOUN
cjal-9207	14	15	,	,	PUNCT
cjal-9207	14	16	the	the	DET
cjal-9207	14	17	university	university	PROPN
cjal-9207	14	18	of	of	ADP
cjal-9207	14	19	michigan	michigan	PROPN
cjal-9207	14	20	law	law	PROPN
cjal-9207	14	21	school	school	NOUN
cjal-9207	14	22	.	.	PUNCT
cjal-9207	15	1	i	i	PRON
cjal-9207	15	2	am	be	AUX
cjal-9207	15	3	grateful	grateful	ADJ
cjal-9207	15	4	to	to	ADP
cjal-9207	15	5	nicholas	nicholas	PROPN
cjal-9207	15	6	howson	howson	PROPN
cjal-9207	15	7	for	for	ADP
cjal-9207	15	8	his	his	PRON
cjal-9207	15	9	cont	cont	ADJ
cjal-9207	15	10	inuous	inuous	ADJ
cjal-9207	15	11	guidance	guidance	NOUN
cjal-9207	15	12	and	and	CCONJ
cjal-9207	15	13	challenging	challenging	ADJ
cjal-9207	15	14	suggestions	suggestion	NOUN
cjal-9207	15	15	.	.	PUNCT
cjal-9207	16	1	special	special	ADJ
cjal-9207	16	2	than.ks	than.ks	NOUN
cjal-9207	16	3	are	be	AUX
cjal-9207	16	4	owed	owe	VERB
cjal-9207	16	5	to	to	ADP
cjal-9207	16	6	curtis	curtis	PROPN
cjal-9207	16	7	milhaupt	milhaupt	PROPN
cjal-9207	16	8	,	,	PUNCT
cjal-9207	16	9	donald	donald	PROPN
cjal-9207	16	10	clarke	clarke	PROPN
cjal-9207	16	11	,	,	PUNCT
cjal-9207	16	12	and	and	CCONJ
cjal-9207	16	13	virginia	virginia	PROPN
cjal-9207	16	14	harper	harper	PROPN
cjal-9207	16	15	ho	ho	PROPN
cjal-9207	16	16	for	for	ADP
cjal-9207	16	17	their	their	PRON
cjal-9207	16	18	insightful	insightful	ADJ
cjal-9207	16	19	comments	comment	NOUN
cjal-9207	16	20	on	on	ADP
cjal-9207	16	21	an	an	DET
cjal-9207	16	22	earlier	early	ADJ
cjal-9207	16	23	version	version	NOUN
cjal-9207	16	24	of	of	ADP
cjal-9207	16	25	this	this	DET
cjal-9207	16	26	work	work	NOUN
cjal-9207	16	27	.	.	PUNCT
cjal-9207	17	1	i	i	PRON
cjal-9207	17	2	would	would	AUX
cjal-9207	17	3	also	also	ADV
cjal-9207	17	4	like	like	VERB
cjal-9207	17	5	to	to	PART
cjal-9207	17	6	thank	thank	VERB
cjal-9207	17	7	afra	afra	NOUN
cjal-9207	17	8	afsharipour	afsharipour	ADJ
cjal-9207	17	9	,	,	PUNCT
cjal-9207	17	10	laura	laura	PROPN
cjal-9207	17	11	beny	beny	PROPN
cjal-9207	17	12	,	,	PUNCT
cjal-9207	17	13	jianlin	jianlin	PROPN
cjal-9207	17	14	chen	chen	PROPN
cjal-9207	17	15	,	,	PUNCT
cjal-9207	17	16	mary	mary	PROPN
cjal-9207	17	17	gallagher	gallagher	PROPN
cjal-9207	17	18	,	,	PUNCT
cjal-9207	17	19	franklin	franklin	PROPN
cjal-9207	17	20	gevurtz	gevurtz	PROPN
cjal-9207	17	21	,	,	PUNCT
cjal-9207	17	22	martin	martin	PROPN
cjal-9207	17	23	gelter	gelter	PROPN
cjal-9207	17	24	,	,	PUNCT
cjal-9207	17	25	vikrama	vikrama	NOUN
cjal-9207	17	26	ditya	ditya	NOUN
cjal-9207	17	27	khanna	khanna	PROPN
cjal-9207	17	28	,	,	PUNCT
cjal-9207	17	29	lingzheng	lingzheng	PROPN
cjal-9207	17	30	kong	kong	PROPN
cjal-9207	17	31	,	,	PUNCT
cjal-9207	17	32	tahirih	tahirih	PROPN
cjal-9207	17	33	lee	lee	PROPN
cjal-9207	17	34	,	,	PUNCT
cjal-9207	17	35	yahli	yahli	ADJ
cjal-9207	17	36	shereshevsky	shereshevsky	ADJ
cjal-9207	17	37	,	,	PUNCT
cjal-9207	17	38	and	and	CCONJ
cjal-9207	17	39	the	the	DET
cjal-9207	17	40	participants	participant	NOUN
cjal-9207	17	41	of	of	ADP
cjal-9207	17	42	the	the	DET
cjal-9207	17	43	business	business	NOUN
cjal-9207	17	44	&	&	CCONJ
cjal-9207	17	45	financia	financia	PROPN
cjal-9207	17	46	l	l	NOUN
cjal-9207	17	47	workshop	workshop	NOUN
cjal-9207	17	48	of	of	ADP
cjal-9207	17	49	the	the	DET
cjal-9207	17	50	american	american	ADJ
cjal-9207	17	51	society	society	NOUN
cjal-9207	17	52	of	of	ADP
cjal-9207	17	53	comparative	comparative	ADJ
cjal-9207	17	54	law	law	NOUN
cjal-9207	17	55	,	,	PUNCT
cjal-9207	17	56	the	the	DET
cjal-9207	17	57	ascl	ascl	NOUN
cjal-9207	17	58	younger	young	ADJ
cjal-9207	17	59	comparativists	comparativist	NOUN
cjal-9207	17	60	4th	4th	ADJ
cjal-9207	17	61	annual	annual	ADJ
cjal-9207	17	62	conference	conference	NOUN
cjal-9207	17	63	,	,	PUNCT
cjal-9207	17	64	the	the	DET
cjal-9207	17	65	hong	hong	PROPN
cjal-9207	17	66	kong	kong	PROPN
cjal-9207	17	67	university	university	PROPN
cjal-9207	17	68	legal	legal	ADJ
cjal-9207	17	69	scholarship	scholarship	NOUN
cjal-9207	17	70	workshop	workshop	NOUN
cjal-9207	17	71	,	,	PUNCT
cjal-9207	17	72	as	as	ADV
cjal-9207	17	73	well	well	ADV
cjal-9207	17	74	as	as	ADP
cjal-9207	17	75	several	several	ADJ
cjal-9207	17	76	forums	forum	NOUN
cjal-9207	17	77	of	of	ADP
cjal-9207	17	78	the	the	DET
cjal-9207	17	79	university	university	PROPN
cjal-9207	17	80	of	of	ADP
cjal-9207	17	81	michigan	michigan	PROPN
cjal-9207	17	82	lieberthal	lieberthal	PROPN
cjal-9207	17	83	-	-	PUNCT
cjal-9207	17	84	rogel	rogel	NOUN
cjal-9207	17	85	center	center	NOUN
cjal-9207	17	86	for	for	ADP
cjal-9207	17	87	chinese	chinese	ADJ
cjal-9207	17	88	studies	study	NOUN
cjal-9207	17	89	and	and	CCONJ
cjal-9207	17	90	the	the	DET
cjal-9207	17	91	university	university	PROPN
cjal-9207	17	92	of	of	ADP
cjal-9207	17	93	michigan	michigan	PROPN
cjal-9207	17	94	law	law	PROPN
cjal-9207	17	95	school	school	NOUN
cjal-9207	17	96	for	for	ADP
cjal-9207	17	97	useful	useful	ADJ
cjal-9207	17	98	conversations	conversation	NOUN
cjal-9207	17	99	and	and	CCONJ
cjal-9207	17	100	comments	comment	NOUN
cjal-9207	17	101	.	.	PUNCT
cjal-9207	18	1	1	1	NUM
cjal-9207	18	2	2	2	NUM
cjal-9207	18	3	columbia	columbia	PROPN
cjal-9207	18	4	jo	jo	PROPN
cjal-9207	18	5	urnal	urnal	PROPN
cjal-9207	18	6	of	of	ADP
cjal-9207	18	7	asia/\	asia/\	NOUN
cjal-9207	18	8	'	'	PUNCT
cjal-9207	18	9	law	law	NOUN
cjal-9207	18	10	[	[	X
cjal-9207	18	11	vol	vol	NOUN
cjal-9207	18	12	.	.	PUNCT
cjal-9207	19	1	30:1	30:1	NUM
cjal-9207	19	2	ii	ii	NOUN
cjal-9207	19	3	.	.	PUNCT
cjal-9207	20	1	new	new	PROPN
cjal-9207	20	2	p	p	NOUN
cjal-9207	20	3	aradigms	aradigms	NOUN
cjal-9207	20	4	-	-	PUNCT
cjal-9207	20	5	possibij	possibij	NOUN
cjal-9207	20	6	.	.	PUNCT
cjal-9207	21	1	,ities	,ities	PUNCT
cjal-9207	21	2	for	for	ADP
cjal-9207	21	3	mi:-sority	mi:-sority	NOUN
cjal-9207	21	4	pl	pl	NOUN
cjal-9207	21	5	:	:	PUNCT
cjal-9207	21	6	blic	blic	ADJ
cjal-9207	21	7	shareholders	shareholder	NOUN
cjal-9207	21	8	in	in	ADP
cjal-9207	21	9	china	china	PROPN
cjal-9207	21	10	's	's	PART
cjal-9207	21	11	concentrated	concentrated	ADJ
cjal-9207	21	12	capital	capital	NOUN
cjal-9207	21	13	:	:	PUNCT
cjal-9207	21	14	\farkets	\farket	NOUN
cjal-9207	21	15	·	·	PUNCT
cjal-9207	21	16	·	·	PUNCT
cjal-9207	21	17	·	·	PUNCT
cjal-9207	21	18	·	·	PUNCT
cjal-9207	21	19	·	·	PUNCT
cjal-9207	21	20	·	·	PUNCT
cjal-9207	21	21	·	·	PUNCT
cjal-9207	21	22	·	·	PUNCT
cjal-9207	21	23	·	·	PUNCT
cjal-9207	21	24	·	·	PUNCT
cjal-9207	21	25	·	·	PUNCT
cjal-9207	21	26	·	·	PUNCT
cjal-9207	21	27	·	·	PUNCT
cjal-9207	21	28	·	·	PUNCT
cjal-9207	21	29	·	·	PUNCT
cjal-9207	21	30	·	·	PUNCT
cjal-9207	21	31	·	·	PUNCT
cjal-9207	21	32	·	·	PUNCT
cjal-9207	21	33	·	·	PUNCT
cjal-9207	21	34	·	·	PUNCT
cjal-9207	21	35	·	·	PUNCT
cjal-9207	21	36	·	·	PUNCT
cjal-9207	21	37	·	·	PUNCT
cjal-9207	21	38	·	·	PUNCT
cjal-9207	21	39	·	·	PUNCT
cjal-9207	21	40	·	·	PUNCT
cjal-9207	21	41	·	·	PUNCT
cjal-9207	21	42	·	·	PUNCT
cjal-9207	21	43	:	:	PUNCT
cjal-9207	21	44	·	·	PUNCT
cjal-9207	21	45	·	·	PUNCT
cjal-9207	21	46	·	·	PUNCT
cjal-9207	21	47	·	·	PUNCT
cjal-9207	21	48	·	·	PUNCT
cjal-9207	21	49	....................	....................	PUNCT
cjal-9207	22	1	~.	~.	X
cjal-9207	22	2	22	22	NUM
cjal-9207	22	3	a.	a.	NOUN
cjal-9207	22	4	mechanisms	mechanism	NOUN
cjal-9207	22	5	from	from	ADP
cjal-9207	22	6	other	other	ADJ
cjal-9207	22	7	concentrated	concentrated	ADJ
cjal-9207	22	8	markets	market	NOUN
cjal-9207	22	9	-	-	PUNCT
cjal-9207	22	10	applicable	applicable	ADJ
cjal-9207	22	11	to	to	ADP
cjal-9207	22	12	china	china	PROPN
cjal-9207	22	13	.	.	PUNCT
cjal-9207	23	1	22	22	NUM
cjal-9207	23	2	1	1	NUM
cjal-9207	23	3	.	.	PUNCT
cjal-9207	24	1	overcoming	overcome	VERB
cjal-9207	24	2	a	a	DET
cjal-9207	24	3	conceptual	conceptual	ADJ
cjal-9207	24	4	barrier	barrier	NOUN
cjal-9207	24	5	.........	.........	PUNCT
cjal-9207	25	1	•	•	NUM
cjal-9207	25	2	•	•	NUM
cjal-9207	25	3	•	•	NOUN
cjal-9207	25	4	•	•	NOUN
cjal-9207	25	5	•	•	NUM
cjal-9207	25	6	·	·	PUNCT
cjal-9207	25	7	..	..	PUNCT
cjal-9207	26	1	•	•	NUM
cjal-9207	26	2	•	•	NUM
cjal-9207	26	3	•	•	NOUN
cjal-9207	26	4	•	•	NOUN
cjal-9207	26	5	•	•	NUM
cjal-9207	26	6	·	·	PUNCT
cjal-9207	26	7	•	•	NUM
cjal-9207	26	8	•	•	NOUN
cjal-9207	26	9	•	•	NUM
cjal-9207	26	10	·	·	SYM
cjal-9207	26	11	·	·	SYM
cjal-9207	26	12	·	·	PUNCT
cjal-9207	26	13	·	·	PUNCT
cjal-9207	26	14	·	·	PUNCT
cjal-9207	26	15	·	·	PUNCT
cjal-9207	26	16	·	·	PUNCT
cjal-9207	26	17	·	·	PUNCT
cjal-9207	26	18	·	·	PUNCT
cjal-9207	26	19	·	·	PUNCT
cjal-9207	26	20	·	·	PUNCT
cjal-9207	26	21	...............	...............	PUNCT
cjal-9207	26	22	·	·	PUNCT
cjal-9207	26	23	·	·	PUNCT
cjal-9207	26	24	22	22	NUM
cjal-9207	26	25	2	2	NUM
cjal-9207	26	26	.	.	PUNCT
cjal-9207	27	1	a	a	DET
cjal-9207	27	2	"	"	PUNCT
cjal-9207	27	3	lujiazui	lujiazui	PROPN
cjal-9207	27	4	walk	walk	NOUN
cjal-9207	27	5	"	"	PUNCT
cjal-9207	27	6	.................................................................................	.................................................................................	PUNCT
cjal-9207	28	1	24	24	NUM
cjal-9207	28	2	3	3	NUM
cjal-9207	28	3	.	.	PUNCT
cjal-9207	28	4	institutional	institutional	ADJ
cjal-9207	28	5	inve	inve	ADJ
cjal-9207	28	6	stors	stor	NOUN
cjal-9207	28	7	in	in	ADP
cjal-9207	28	8	concentrated	concentrated	ADJ
cjal-9207	28	9	markets	market	NOUN
cjal-9207	28	10	..........	..........	PUNCT
cjal-9207	29	1	•	•	X
cjal-9207	29	2	·	·	SYM
cjal-9207	29	3	·	·	SYM
cjal-9207	29	4	·	·	PUNCT
cjal-9207	29	5	·	·	PUNCT
cjal-9207	29	6	·	·	PUNCT
cjal-9207	29	7	·	·	PUNCT
cjal-9207	29	8	·	·	PUNCT
cjal-9207	29	9	·	·	PUNCT
cjal-9207	29	10	..........	..........	PUNCT
cjal-9207	30	1	26	26	NUM
cjal-9207	30	2	4	4	NUM
cjal-9207	30	3	.	.	PUNCT
cjal-9207	30	4	minority	minority	NOUN
cjal-9207	30	5	public	public	NOUN
cjal-9207	30	6	sharehold	sharehold	VERB
cjal-9207	30	7	er	er	INTJ
cjal-9207	30	8	part1c1pat1on	part1c1pat1on	PROPN
cjal-9207	30	9	through	through	ADP
cjal-9207	30	10	socia.i	socia.i	PROPN
cjal-9207	30	11	organization	organization	PROPN
cjal-9207	30	12	s	s	PART
cjal-9207	30	13	...	...	PUNCT
cjal-9207	30	14	.......	.......	PUNCT
cjal-9207	30	15	.......	.......	PUNCT
cjal-9207	30	16	............................................	............................................	PUNCT
cjal-9207	31	1	·	·	PUNCT
cjal-9207	31	2	·	·	PUNCT
cjal-9207	31	3	..............	..............	PUNCT
cjal-9207	32	1	........	........	PUNCT
cjal-9207	33	1	33	33	NUM
cjal-9207	33	2	c	c	NOUN
cjal-9207	33	3	.	.	PUNCT
cjal-9207	33	4	·	·	PUNCT
cjal-9207	34	1	37	37	NUM
cjal-9207	34	2	5	5	NUM
cjal-9207	34	3	.	.	PUNCT
cjal-9207	34	4	non	non	ADJ
cjal-9207	34	5	-	-	NOUN
cjal-9207	34	6	shareholder	shareholder	NOUN
cjal-9207	34	7	onstltuenc1es	onstltuenc1es	INTJ
cjal-9207	34	8	..	..	PUNCT
cjal-9207	34	9	.......................................................	.......................................................	PUNCT
cjal-9207	34	10	.	.	PUNCT
cjal-9207	35	1	b.	b.	PROPN
cjal-9207	35	2	....................	....................	PUNCT
cjal-9207	36	1	41	41	NUM
cjal-9207	36	2	1	1	NUM
cjal-9207	36	3	.	.	PUNCT
cjal-9207	36	4	communist	communist	PROPN
cjal-9207	36	5	party	party	NOUN
cjal-9207	36	6	policy	policy	NOUN
cjal-9207	36	7	and	and	CCONJ
cjal-9207	36	8	empowerment	empowerment	NOUN
cjal-9207	36	9	of	of	ADP
cjal-9207	36	10	minority	minority	NOUN
cjal-9207	36	11	public	public	ADJ
cjal-9207	36	12	shareholders	shareholder	NOUN
cjal-9207	36	13	....	....	PUNCT
cjal-9207	37	1	.....	.....	PUNCT
cjal-9207	37	2	................................................................................	................................................................................	PUNCT
cjal-9207	38	1	41	41	NUM
cjal-9207	38	2	2	2	NUM
cjal-9207	38	3	.	.	PUNCT
cjal-9207	38	4	emergence	emergence	NOUN
cjal-9207	38	5	of	of	ADP
cjal-9207	38	6	a	a	DET
cjal-9207	38	7	market	market	NOUN
cjal-9207	38	8	for	for	ADP
cjal-9207	38	9	corporate	corporate	ADJ
cjal-9207	38	10	control	control	NOUN
cjal-9207	38	11	within	within	ADP
cjal-9207	38	12	the	the	DET
cjal-9207	38	13	controlling	control	VERB
cjal-9207	38	14	co!--clusi~~~~~.~~~	co!--clusi~~~~~.~~~	NOUN
cjal-9207	38	15	:	:	PUNCT
cjal-9207	38	16	:	:	PUNCT
cjal-9207	38	17	:	:	PUNCT
cjal-9207	38	18	:	:	PUNCT
cjal-9207	38	19	:	:	PUNCT
cjal-9207	38	20	:	:	PUNCT
cjal-9207	38	21	:	:	PUNCT
cjal-9207	38	22	:	:	PUNCT
cjal-9207	38	23	:	:	PUNCT
cjal-9207	38	24	:	:	PUNCT
cjal-9207	38	25	:	:	PUNCT
cjal-9207	38	26	:	:	PUNCT
cjal-9207	38	27	:	:	PUNCT
cjal-9207	38	28	:	:	PUNCT
cjal-9207	38	29	:	:	PUNCT
cjal-9207	38	30	:	:	PUNCT
cjal-9207	38	31	:	:	PUNCT
cjal-9207	38	32	:	:	PUNCT
cjal-9207	38	33	:	:	PUNCT
cjal-9207	38	34	:	:	PUNCT
cjal-9207	38	35	:	:	PUNCT
cjal-9207	38	36	:	:	PUNCT
cjal-9207	38	37	:	:	PUNCT
cjal-9207	38	38	:	:	PUNCT
cjal-9207	38	39	:	:	PUNCT
cjal-9207	38	40	:	:	PUNCT
cjal-9207	38	41	:	:	PUNCT
cjal-9207	38	42	:	:	PUNCT
cjal-9207	38	43	:	:	PUNCT
cjal-9207	38	44	:	:	PUNCT
cjal-9207	38	45	:	:	PUNCT
cjal-9207	38	46	:	:	PUNCT
cjal-9207	38	47	:	:	PUNCT
cjal-9207	38	48	:	:	PUNCT
cjal-9207	38	49	:	:	PUNCT
cjal-9207	38	50	:	:	PUNCT
cjal-9207	38	51	:	:	PUNCT
cjal-9207	38	52	:	:	PUNCT
cjal-9207	38	53	:	:	PUNCT
cjal-9207	38	54	:	:	PUNCT
cjal-9207	38	55	:	:	PUNCT
cjal-9207	38	56	:	:	PUNCT
cjal-9207	38	57	:	:	PUNCT
cjal-9207	38	58	:	:	PUNCT
cjal-9207	38	59	:	:	PUNCT
cjal-9207	38	60	:	:	PUNCT
cjal-9207	38	61	:	:	PUNCT
cjal-9207	38	62	:	:	PUNCT
cjal-9207	38	63	:	:	PUNCT
cjal-9207	38	64	:	:	PUNCT
cjal-9207	38	65	:	:	PUNCT
cjal-9207	38	66	:	:	PUNCT
cjal-9207	38	67	:	:	PUNCT
cjal-9207	38	68	:	:	PUNCT
cjal-9207	38	69	:	:	PUNCT
cjal-9207	38	70	:	:	PUNCT
cjal-9207	38	71	:	:	PUNCT
cjal-9207	38	72	:	:	PUNCT
cjal-9207	38	73	:	:	PUNCT
cjal-9207	38	74	:	:	PUNCT
cjal-9207	38	75	:	:	PUNCT
cjal-9207	38	76	:	:	PUNCT
cjal-9207	38	77	:	:	PUNCT
cjal-9207	38	78	:	:	PUNCT
cjal-9207	38	79	:	:	PUNCT
cjal-9207	38	80	:	:	PUNCT
cjal-9207	38	81	:	:	PUNCT
cjal-9207	38	82	:	:	PUNCT
cjal-9207	38	83	:	:	PUNCT
cjal-9207	38	84	:	:	PUNCT
cjal-9207	38	85	:	:	PUNCT
cjal-9207	38	86	:	:	PUNCT
cjal-9207	38	87	:	:	PUNCT
cjal-9207	38	88	:	:	PUNCT
cjal-9207	38	89	:	:	PUNCT
cjal-9207	38	90	:	:	PUNCT
cjal-9207	38	91	:	:	PUNCT
cjal-9207	38	92	:	:	PUNCT
cjal-9207	38	93	:	:	PUNCT
cjal-9207	38	94	:	:	PUNCT
cjal-9207	38	95	:	:	PUNCT
cjal-9207	38	96	:	:	PUNCT
cjal-9207	38	97	:	:	PUNCT
cjal-9207	38	98	:	:	PUNCT
cjal-9207	38	99	:	:	PUNCT
cjal-9207	38	100	:	:	PUNCT
cjal-9207	38	101	:	:	PUNCT
cjal-9207	38	102	:	:	PUNCT
cjal-9207	38	103	:	:	PUNCT
cjal-9207	38	104	:	:	PUNCT
cjal-9207	38	105	:	:	PUNCT
cjal-9207	38	106	:	:	PUNCT
cjal-9207	38	107	:	:	PUNCT
cjal-9207	38	108	:	:	PUNCT
cjal-9207	38	109	:	:	PUNCT
cjal-9207	38	110	~	~	PUNCT
cjal-9207	38	111	i	i	PRON
cjal-9207	38	112	ntroduction	ntroduction	VERB
cjal-9207	38	113	as	as	ADP
cjal-9207	38	114	a	a	DET
cjal-9207	38	115	result	result	NOUN
cjal-9207	38	116	of	of	ADP
cjal-9207	38	117	the	the	DET
cjal-9207	38	118	anglo	anglo	ADJ
cjal-9207	38	119	-	-	PUNCT
cjal-9207	38	120	american	american	ADJ
cjal-9207	38	121	focus	focus	NOUN
cjal-9207	38	122	on	on	ADP
cjal-9207	38	123	the	the	DET
cjal-9207	38	124	separation	separation	NOUN
cjal-9207	38	125	between	between	ADP
cjal-9207	38	126	ownership	ownership	NOUN
cjal-9207	38	127	and	and	CCONJ
cjal-9207	38	128	control	control	NOUN
cjal-9207	38	129	at	at	ADP
cjal-9207	38	130	widely	widely	ADV
cjal-9207	38	131	-	-	PUNCT
cjal-9207	38	132	held	hold	VERB
cjal-9207	38	133	firms	firm	NOUN
cjal-9207	38	134	,	,	PUNCT
cjal-9207	38	135	1	1	NUM
cjal-9207	38	136	and	and	CCONJ
cjal-9207	38	137	the	the	DET
cjal-9207	38	138	broad	broad	ADJ
cjal-9207	38	139	influence	influence	NOUN
cjal-9207	38	140	of	of	ADP
cjal-9207	38	141	this	this	DET
cjal-9207	38	142	particular	particular	ADJ
cjal-9207	38	143	focus	focus	NOUN
cjal-9207	38	144	on	on	ADP
cjal-9207	38	145	corporate	corporate	ADJ
cjal-9207	38	146	governance	governance	NOUN
cjal-9207	38	147	systems	system	NOUN
cjal-9207	38	148	around	around	ADP
cjal-9207	38	149	the	the	DET
cjal-9207	38	150	world	world	NOUN
cjal-9207	38	151	,	,	PUNCT
cjal-9207	38	152	it	it	PRON
cjal-9207	38	153	is	be	AUX
cjal-9207	38	154	traditionally	traditionally	ADV
cjal-9207	38	155	understood	understand	VERB
cjal-9207	38	156	that	that	SCONJ
cjal-9207	38	157	most	most	ADJ
cjal-9207	38	158	corporate	corporate	ADJ
cjal-9207	38	159	governance	governance	NOUN
cjal-9207	38	160	design	design	NOUN
cjal-9207	38	161	disempowers	disempower	VERB
cjal-9207	38	162	minority	minority	NOUN
cjal-9207	38	163	public	public	ADJ
cjal-9207	38	164	shareh	shareh	NOUN
cjal-9207	38	165	old	old	ADJ
cjal-9207	38	166	ers	er	NOUN
cjal-9207	38	167	.	.	PUNCT
cjal-9207	39	1	indeed	indeed	ADV
cjal-9207	39	2	,	,	PUNCT
cjal-9207	39	3	the	the	DET
cjal-9207	39	4	role	role	NOUN
cjal-9207	39	5	of	of	ADP
cjal-9207	39	6	minority	minority	NOUN
cjal-9207	39	7	public	public	ADJ
cjal-9207	39	8	shareholders	shareholder	NOUN
cjal-9207	39	9	in	in	ADP
cjal-9207	39	10	the	the	DET
cjal-9207	39	11	corporate	corporate	ADJ
cjal-9207	39	12	project	project	NOUN
cjal-9207	39	13	is	be	AUX
cjal-9207	39	14	traditionally	traditionally	ADV
cjal-9207	39	15	limited	limit	VERB
cjal-9207	39	16	to	to	ADP
cjal-9207	39	17	that	that	PRON
cjal-9207	39	18	of	of	ADP
cjal-9207	39	19	mere	mere	ADJ
cjal-9207	39	20	suppliers	supplier	NOUN
cjal-9207	39	21	of	of	ADP
cjal-9207	39	22	finance	finance	NOUN
cjal-9207	39	23	capital	capital	NOUN
cjal-9207	39	24	.	.	PUNCT
cjal-9207	40	1	in	in	ADP
cjal-9207	40	2	the	the	DET
cjal-9207	40	3	last	last	ADJ
cjal-9207	40	4	two	two	NUM
cjal-9207	40	5	decades	decade	NOUN
cjal-9207	40	6	,	,	PUNCT
cjal-9207	40	7	however	however	ADV
cjal-9207	40	8	,	,	PUNCT
cjal-9207	40	9	a	a	DET
cjal-9207	40	10	new	new	ADJ
cjal-9207	40	11	account	account	NOUN
cjal-9207	40	12	describing	describe	VERB
cjal-9207	40	13	"	"	PUNCT
cjal-9207	40	14	shareh	shareh	NOUN
cjal-9207	40	15	older	old	ADJ
cjal-9207	40	16	activism	activism	NOUN
cjal-9207	40	17	"	"	PUNCT
cjal-9207	40	18	has	have	AUX
cjal-9207	40	19	emerged	emerge	VERB
cjal-9207	40	20	with	with	ADP
cjal-9207	40	21	respect	respect	NOUN
cjal-9207	40	22	to	to	ADP
cjal-9207	40	23	widely	widely	ADV
cjal-9207	40	24	-held	-held	VERB
cjal-9207	40	25	anglo	anglo	ADJ
cjal-9207	40	26	-am	-am	X
cjal-9207	40	27	erican	erican	ADJ
cjal-9207	40	28	-	-	PUNCT
cjal-9207	40	29	styl	styl	VERB
cjal-9207	40	30	e	e	PROPN
cjal-9207	40	31	markets	market	NOUN
cjal-9207	40	32	,	,	PUNCT
cjal-9207	40	33	a	a	DET
cjal-9207	40	34	narrative	narrative	NOUN
cjal-9207	40	35	which	which	PRON
cjal-9207	40	36	focuses	focus	VERB
cjal-9207	40	37	on	on	ADP
cjal-9207	40	38	the	the	DET
cjal-9207	40	39	possibilities	possibility	NOUN
cjal-9207	40	40	for	for	ADP
cjal-9207	40	41	empow	empow	NOUN
cjal-9207	40	42	erm	erm	PROPN
cjal-9207	40	43	ent	ent	PROPN
cjal-9207	40	44	of	of	ADP
cjal-9207	40	45	minority	minority	NOUN
cjal-9207	40	46	public	public	ADJ
cjal-9207	40	47	sharehol	sharehol	NOUN
cjal-9207	40	48	ders.2	ders.2	VERB
cjal-9207	40	49	the	the	DET
cjal-9207	40	50	possibilities	possibility	NOUN
cjal-9207	40	51	for	for	ADP
cjal-9207	40	52	such	such	ADJ
cjal-9207	40	53	empowerm	empowerm	NOUN
cjal-9207	40	54	ent	ent	NOUN
cjal-9207	40	55	attend	attend	VERB
cjal-9207	40	56	to	to	ADP
cjal-9207	40	57	their	their	PRON
cjal-9207	40	58	greater	great	ADJ
cjal-9207	40	59	involvement	involvement	NOUN
cjal-9207	40	60	in	in	ADP
cjal-9207	40	61	the	the	DET
cjal-9207	40	62	firm	firm	NOUN
cjal-9207	40	63	and	and	CCONJ
cjal-9207	40	64	the	the	DET
cjal-9207	40	65	capital	capital	NOUN
cjal-9207	40	66	market	market	NOUN
cjal-9207	40	67	and	and	CCONJ
cjal-9207	40	68	can	can	AUX
cjal-9207	40	69	be	be	AUX
cjal-9207	40	70	divided	divide	VERB
cjal-9207	40	71	into	into	ADP
cjal-9207	40	72	three	three	NUM
cjal-9207	40	73	main	main	ADJ
cjal-9207	40	74	paths	path	NOUN
cjal-9207	40	75	:	:	PUNCT
cjal-9207	40	76	(	(	PUNCT
cjal-9207	40	77	i	i	NOUN
cjal-9207	40	78	)	)	PUNCT
cjal-9207	40	79	gr	gr	PROPN
cjal-9207	40	80	eater	eater	PROPN
cjal-9207	40	81	involvem	involvem	PROPN
cjal-9207	40	82	ent	ent	PROPN
cjal-9207	40	83	in	in	ADP
cjal-9207	40	84	the	the	DET
cjal-9207	40	85	monitoring	monitoring	NOUN
cjal-9207	40	86	of	of	ADP
cjal-9207	40	87	corporate	corporate	ADJ
cjal-9207	40	88	insiders	insider	NOUN
cjal-9207	40	89	(	(	PUNCT
cjal-9207	40	90	whether	whether	SCONJ
cjal-9207	40	91	through	through	ADP
cjal-9207	40	92	internal	internal	ADJ
cjal-9207	40	93	or	or	CCONJ
cjal-9207	40	94	external	external	ADJ
cjal-9207	40	95	mechanisms	mechanism	NOUN
cjal-9207	40	96	)	)	PUNCT
cjal-9207	40	97	;	;	PUNCT
cjal-9207	40	98	(	(	PUNCT
cjal-9207	40	99	ii	ii	NOUN
cjal-9207	40	100	)	)	PUNCT
cjal-9207	40	101	improved	improve	VERB
cjal-9207	40	102	access	access	NOUN
cjal-9207	40	103	to	to	ADP
cjal-9207	40	104	and	and	CCONJ
cjal-9207	40	105	the	the	DET
cjal-9207	40	106	utilizati	utilizati	NOUN
cjal-9207	40	107	on	on	ADP
cjal-9207	40	108	of	of	ADP
cjal-9207	40	109	legal	legal	ADJ
cjal-9207	40	110	protections	protection	NOUN
cjal-9207	40	111	and	and	CCONJ
cjal-9207	40	112	remedies	remedy	NOUN
cjal-9207	40	113	1	1	NUM
cjal-9207	40	114	frank	frank	PROPN
cjal-9207	40	115	easterbrook	easterbrook	PROPN
cjal-9207	40	116	&	&	CCONJ
cjal-9207	40	117	d.	d.	PROPN
cjal-9207	40	118	fischel	fischel	PROPN
cjal-9207	40	119	,	,	PUNCT
cjal-9207	40	120	voting	vote	VERB
cjal-9207	40	121	in	in	ADP
cjal-9207	40	122	corporate	corporate	ADJ
cjal-9207	40	123	law	law	NOUN
cjal-9207	40	124	,	,	PUNCT
cjal-9207	40	125	26	26	NUM
cjal-9207	40	126	j.l	j.l	PROPN
cjal-9207	40	127	.	.	PROPN
cjal-9207	40	128	&	&	CCONJ
cjal-9207	40	129	econ	econ	PROPN
cjal-9207	40	130	.	.	PUNCT
cjal-9207	41	1	395	395	NUM
cjal-9207	41	2	,	,	PUNCT
cjal-9207	41	3	403	403	NUM
cjal-9207	41	4	(	(	PUNCT
cjal-9207	41	5	1983	1983	NUM
cjal-9207	41	6	)	)	PUNCT
cjal-9207	41	7	(	(	PUNCT
cjal-9207	41	8	citing	cite	VERB
cjal-9207	41	9	adolf	adolf	PROPN
cjal-9207	41	10	a.	a.	PROPN
cjal-9207	41	11	berle	berle	PROPN
cjal-9207	41	12	&	&	CCONJ
cjal-9207	41	13	gardiner	gardiner	PROPN
cjal-9207	41	14	means	means	PROPN
cjal-9207	41	15	,	,	PUNCT
cjal-9207	41	16	the	the	DET
cjal-9207	41	17	moder:--1	moder:--1	NOUN
cjal-9207	41	18	corporation	corporation	NOUN
cjal-9207	41	19	and	and	CCONJ
cjal-9207	41	20	private	private	ADJ
cjal-9207	41	21	property	property	NOUN
cjal-9207	41	22	129	129	NUM
cjal-9207	41	23	(	(	PUNCT
cjal-9207	41	24	rev	rev	PROPN
cjal-9207	41	25	.	.	PROPN
cjal-9207	42	1	ed	ed	NOUN
cjal-9207	42	2	.	.	PROPN
cjal-9207	42	3	,	,	PUNCT
cjal-9207	42	4	1967	1967	NUM
cjal-9207	42	5	)	)	PUNCT
cjal-9207	42	6	)	)	PUNCT
cjal-9207	42	7	;	;	PUNCT
cjal-9207	42	8	ownership	ownership	NOUN
cjal-9207	42	9	matters	matter	NOUN
cjal-9207	42	10	,	,	PUNCT
cjal-9207	42	11	the	the	DET
cjal-9207	42	12	ec0!>-0:\fist	ec0!>-0:\fist	PROPN
cjal-9207	42	13	(	(	PUNCT
cjal-9207	42	14	mar	mar	PROPN
cjal-9207	42	15	.	.	PROPN
cjal-9207	42	16	9	9	NUM
cjal-9207	42	17	,	,	PUNCT
cjal-9207	42	18	2006	2006	NUM
cjal-9207	42	19	)	)	PUNCT
cjal-9207	42	20	,	,	PUNCT
cjal-9207	42	21	http	http	NOUN
cjal-9207	42	22	:	:	PUNCT
cjal-9207	42	23	//www	//www	PROPN
cjal-9207	42	24	.economist.com	.economist.com	PROPN
cjal-9207	42	25	/	/	SYM
cjal-9207	42	26	node	node	PROPN
cjal-9207	42	27	/56	/56	PUNCT
cjal-9207	42	28	03458	03458	NUM
cjal-9207	42	29	(	(	PUNCT
cjal-9207	42	30	describing	describe	VERB
cjal-9207	42	31	the	the	DET
cjal-9207	42	32	separation	separation	NOUN
cjal-9207	42	33	of	of	ADP
cjal-9207	42	34	ownership	ownership	NOUN
cjal-9207	42	35	and	and	CCONJ
cjal-9207	42	36	control	control	NOUN
cjal-9207	42	37	as	as	ADP
cjal-9207	42	38	"	"	PUNCT
cjal-9207	42	39	corporate	corporate	ADJ
cjal-9207	42	40	ca	ca	NOUN
cjal-9207	42	41	pitalism	pitalism	NOUN
cjal-9207	42	42	"	"	PUNCT
cjal-9207	42	43	and	and	CCONJ
cjal-9207	42	44	as	as	ADP
cjal-9207	42	45	the	the	DET
cjal-9207	42	46	und	und	NOUN
cjal-9207	42	47	erpinning	erpinning	NOUN
cjal-9207	42	48	of	of	ADP
cjal-9207	42	49	capitalism	capitalism	NOUN
cjal-9207	42	50	u.s.-style	u.s.-style	NOUN
cjal-9207	42	51	)	)	PUNCT
cjal-9207	42	52	.	.	PUNCT
cjal-9207	43	1	2	2	NUM
cjal-9207	43	2	the	the	DET
cjal-9207	43	3	scholarship	scholarship	NOUN
cjal-9207	43	4	here	here	ADV
cjal-9207	43	5	is	be	AUX
cjal-9207	43	6	vast	vast	ADJ
cjal-9207	43	7	;	;	PUNCT
cjal-9207	43	8	see	see	VERB
cjal-9207	43	9	,	,	PUNCT
cjal-9207	43	10	e.g.	e.g.	ADV
cjal-9207	43	11	,	,	PUNCT
cjal-9207	43	12	the	the	DET
cjal-9207	43	13	writings	writing	NOUN
cjal-9207	43	14	of	of	ADP
cjal-9207	43	15	professor	professor	NOUN
cjal-9207	43	16	bebchuk	bebchuk	NOUN
cjal-9207	43	17	,	,	PUNCT
cjal-9207	43	18	especially	especially	ADV
cjal-9207	43	19	,	,	PUNCT
cjal-9207	43	20	lucian	lucian	PROPN
cjal-9207	43	21	a.	a.	NOUN
cjal-9207	43	22	bebchuk	bebchuk	PROPN
cjal-9207	43	23	,	,	PUNCT
cjal-9207	43	24	the	the	DET
cjal-9207	43	25	case	case	NOUN
cjal-9207	43	26	for	for	ADP
cjal-9207	43	27	in	in	ADP
cjal-9207	43	28	creasing	crease	VERB
cjal-9207	43	29	shar	shar	PROPN
cjal-9207	43	30	eholder	eholder	NOUN
cjal-9207	43	31	pou	pou	PROPN
cjal-9207	43	32	:	:	PUNCT
cjal-9207	43	33	er	er	INTJ
cjal-9207	43	34	,	,	PUNCT
cjal-9207	43	35	118	118	NUM
cjal-9207	43	36	harv	harv	NOUN
cjal-9207	43	37	.	.	PUNCT
cjal-9207	44	1	l.	l.	PROPN
cjal-9207	44	2	rev	rev	PROPN
cjal-9207	44	3	.	.	PROPN
cjal-9207	44	4	833	833	NUM
cjal-9207	44	5	(	(	PUNCT
cjal-9207	44	6	2005	2005	NUM
cjal-9207	44	7	)	)	PUNCT
cjal-9207	44	8	;	;	PUNCT
cjal-9207	44	9	lisa	lisa	PROPN
cjal-9207	44	10	m.	m.	NOUN
cjal-9207	44	11	fairfax	fairfax	PROPN
cjal-9207	44	12	,	,	PUNCT
cjal-9207	44	13	shareholder	shareholder	NOUN
cjal-9207	44	14	democracy	democracy	NOUN
cjal-9207	44	15	on	on	ADP
cjal-9207	44	16	trial	trial	NOUN
cjal-9207	44	17	:	:	PUNCT
cjal-9207	44	18	i	i	PRON
cjal-9207	44	19	nternational	nternational	ADJ
cjal-9207	44	20	perspectfre	perspectfre	NOUN
cjal-9207	44	21	on	on	ADP
cjal-9207	44	22	the	the	DET
cjal-9207	44	23	effectiveness	effectiveness	NOUN
cjal-9207	44	24	of	of	ADP
cjal-9207	44	25	in	in	ADP
cjal-9207	44	26	creased	creased	ADJ
cjal-9207	44	27	shareholder	shareholder	NOUN
cjal-9207	44	28	power	power	NOUN
cjal-9207	44	29	,	,	PUNCT
cjal-9207	44	30	3	3	NUM
cjal-9207	44	31	va	va	NOUN
cjal-9207	44	32	.	.	PUNCT
cjal-9207	44	33	l.	l.	PROPN
cjal-9207	44	34	&	&	CCONJ
cjal-9207	44	35	bus	bus	PROPN
cjal-9207	44	36	.	.	PUNCT
cjal-9207	45	1	rev	rev	PROPN
cjal-9207	45	2	.	.	PROPN
cjal-9207	45	3	1	1	NUM
cjal-9207	45	4	(	(	PUNCT
cjal-9207	45	5	2008	2008	NUM
cjal-9207	45	6	)	)	PUNCT
cjal-9207	45	7	;	;	PUNCT
cjal-9207	45	8	bernard	bernard	PROPN
cjal-9207	45	9	s.	s.	PROPN
cjal-9207	45	10	black	black	PROPN
cjal-9207	45	11	,	,	PUNCT
cjal-9207	45	12	agents	agent	NOUN
cjal-9207	45	13	watchin	watchin	ADJ
cjal-9207	45	14	g	g	PROPN
cjal-9207	45	15	agents	agent	NOUN
cjal-9207	45	16	:	:	PUNCT
cjal-9207	45	17	the	the	DET
cjal-9207	45	18	promise	promise	NOUN
cjal-9207	45	19	of	of	ADP
cjal-9207	45	20	institutional	institutional	ADJ
cjal-9207	45	21	int	int	NOUN
cjal-9207	45	22	•est.cr	•est.cr	PROPN
cjal-9207	45	23	voice	voice	NOUN
cjal-9207	45	24	,	,	PUNCT
cjal-9207	45	25	39	39	NUM
cjal-9207	45	26	ucla	ucla	PROPN
cjal-9207	45	27	l.	l.	PROPN
cjal-9207	45	28	rev	rev	PROPN
cjal-9207	45	29	.	.	PROPN
cjal-9207	45	30	811	811	NUM
cjal-9207	45	31	(	(	PUNCT
cjal-9207	45	32	1992	1992	NUM
cjal-9207	45	33	)	)	PUNCT
cjal-9207	45	34	(	(	PUNCT
cjal-9207	45	35	depicting	depict	VERB
cjal-9207	45	36	(	(	PUNCT
cjal-9207	45	37	tra	tra	NOUN
cjal-9207	45	38	dition	dition	NOUN
cjal-9207	45	39	a	a	DET
cjal-9207	45	40	l	l	NOUN
cjal-9207	45	41	)	)	PUNCT
cjal-9207	45	42	institutional	institutional	ADJ
cjal-9207	45	43	investors	investor	NOUN
cjal-9207	45	44	as	as	ADP
cjal-9207	45	45	pronusing	pronuse	VERB
cjal-9207	45	46	activists	activist	NOUN
cjal-9207	45	47	)	)	PUNCT
cjal-9207	45	48	;	;	PUNCT
cjal-9207	45	49	marcel	marcel	PROPN
cjal-9207	45	50	kahan	kahan	PROPN
cjal-9207	45	51	&	&	CCONJ
cjal-9207	45	52	edward	edward	PROPN
cjal-9207	45	53	b.	b.	PROPN
cjal-9207	45	54	rock	rock	PROPN
cjal-9207	45	55	,	,	PUNCT
cjal-9207	45	56	hedge	hedge	NOUN
cjal-9207	45	57	funds	fund	NOUN
cjal-9207	45	58	in	in	ADP
cjal-9207	45	59	corporate	corporate	ADJ
cjal-9207	45	60	governance	governance	NOUN
cjal-9207	45	61	and	and	CCONJ
cjal-9207	45	62	corporate	corporate	ADJ
cjal-9207	45	63	control	control	NOUN
cjal-9207	45	64	,	,	PUNCT
cjal-9207	45	65	155	155	NUM
cjal-9207	45	66	u.	u.	PROPN
cjal-9207	45	67	pa	pa	PROPN
cjal-9207	45	68	.	.	PUNCT
cjal-9207	45	69	l.	l.	PROPN
cjal-9207	45	70	rev	rev	PROPN
cjal-9207	45	71	.	.	PROPN
cjal-9207	45	72	1021	1021	NUM
cjal-9207	45	73	,	,	PUNCT
cjal-9207	45	74	1062	1062	NUM
cjal-9207	45	75	,	,	PUNCT
cjal-9207	45	76	1047	1047	NUM
cjal-9207	45	77	-	-	SYM
cjal-9207	45	78	70	70	NUM
cjal-9207	45	79	(	(	PUNCT
cjal-9207	45	80	200	200	NUM
cjal-9207	45	81	7	7	NUM
cjal-9207	45	82	)	)	PUNCT
cjal-9207	45	83	(	(	PUNCT
cjal-9207	45	84	exp	exp	NOUN
cjal-9207	45	85	lainin	lainin	ADJ
cjal-9207	45	86	g	g	ADP
cjal-9207	45	87	the	the	DET
cjal-9207	45	88	disillusion	disillusion	NOUN
cjal-9207	45	89	from	from	ADP
cjal-9207	45	90	the	the	DET
cjal-9207	45	91	traditional	traditional	ADJ
cjal-9207	45	92	institutional	institutional	ADJ
cjal-9207	45	93	investors	investor	NOUN
cjal-9207	45	94	'	'	PART
cjal-9207	45	95	activism	activism	NOUN
cjal-9207	45	96	,	,	PUNCT
cjal-9207	45	97	yet	yet	ADV
cjal-9207	45	98	reflecting	reflect	VERB
cjal-9207	45	99	similar	similar	ADJ
cjal-9207	45	100	hopes	hope	NOUN
cjal-9207	45	101	regarding	regard	VERB
cjal-9207	45	102	hedge	hedge	NOUN
cjal-9207	45	103	funds	fund	NOUN
cjal-9207	45	104	,	,	PUNCT
cjal-9207	45	105	as	as	SCONJ
cjal-9207	45	106	the	the	DET
cjal-9207	45	107	new	new	ADJ
cjal-9207	45	108	promi	promi	NOUN
cjal-9207	45	109	s	s	PART
cjal-9207	45	110	ing	ing	ADJ
cjal-9207	45	111	activists	activist	NOUN
cjal-9207	45	112	)	)	PUNCT
cjal-9207	45	113	.	.	PUNCT
cjal-9207	46	1	2016	2016	NUM
cjal-9207	46	2	]	]	PUNCT
cjal-9207	46	3	minority	minority	NOUN
cjal-9207	46	4	public	public	ADJ
cjal-9207	46	5	shareholders	shareholder	NOUN
cjal-9207	46	6	in	in	ADP
cjal-9207	46	7	china	china	PROPN
cjal-9207	46	8	3	3	NUM
cjal-9207	46	9	against	against	ADP
cjal-9207	46	10	oppression	oppression	NOUN
cjal-9207	46	11	;	;	PUNCT
cjal-9207	46	12	and	and	CCONJ
cjal-9207	46	13	(	(	PUNCT
cjal-9207	46	14	iii	iii	NOUN
cjal-9207	46	15	)	)	PUNCT
cjal-9207	46	16	increased	increase	VERB
cjal-9207	46	17	participation	participation	NOUN
cjal-9207	46	18	in	in	ADP
cjal-9207	46	19	the	the	DET
cjal-9207	46	20	governance	governance	NOUN
cjal-9207	46	21	of	of	ADP
cjal-9207	46	22	the	the	DET
cjal-9207	46	23	firm	firm	NOUN
cjal-9207	46	24	.	.	PUNCT
cjal-9207	47	1	in	in	ADP
cjal-9207	47	2	this	this	DET
cjal-9207	47	3	article	article	NOUN
cjal-9207	47	4	i	i	PRON
cjal-9207	47	5	focus	focus	VERB
cjal-9207	47	6	mainly	mainly	ADV
cjal-9207	47	7	on	on	ADP
cjal-9207	47	8	the	the	DET
cjal-9207	47	9	first	first	ADJ
cjal-9207	47	10	and	and	CCONJ
cjal-9207	47	11	third	third	ADJ
cjal-9207	47	12	paths,3	paths,3	NOUN
cjal-9207	47	13	since	since	SCONJ
cjal-9207	47	14	the	the	DET
cjal-9207	47	15	need	need	NOUN
cjal-9207	47	16	to	to	PART
cjal-9207	47	17	protect	protect	VERB
cjal-9207	47	18	minority	minority	NOUN
cjal-9207	47	19	public	public	ADJ
cjal-9207	47	20	shareholders	shareholder	NOUN
cjal-9207	47	21	through	through	ADP
cjal-9207	47	22	legal	legal	ADJ
cjal-9207	47	23	rights	right	NOUN
cjal-9207	47	24	and	and	CCONJ
cjal-9207	47	25	remedies	remedy	NOUN
cjal-9207	47	26	is	be	AUX
cjal-9207	47	27	not	not	PART
cjal-9207	47	28	in	in	ADP
cjal-9207	47	29	contention	contention	NOUN
cjal-9207	47	30	even	even	ADV
cjal-9207	47	31	by	by	ADP
cjal-9207	47	32	those	those	PRON
cjal-9207	47	33	who	who	PRON
cjal-9207	47	34	advocate	advocate	VERB
cjal-9207	47	35	for	for	ADP
cjal-9207	47	36	their	their	PRON
cjal-9207	47	37	limited	limited	ADJ
cjal-9207	47	38	and	and	CCONJ
cjal-9207	47	39	passive	passive	ADJ
cjal-9207	47	40	role	role	NOUN
cjal-9207	47	41	.	.	PUNCT
cjal-9207	48	1	4	4	NUM
cjal-9207	48	2	the	the	DET
cjal-9207	48	3	widely	widely	ADV
cjal-9207	48	4	-	-	PUNCT
cjal-9207	48	5	accepted	accept	VERB
cjal-9207	48	6	rationale	rationale	NOUN
cjal-9207	48	7	for	for	ADP
cjal-9207	48	8	this	this	DET
cjal-9207	48	9	new	new	ADJ
cjal-9207	48	10	empowerment	empowerment	NOUN
cjal-9207	48	11	is	be	AUX
cjal-9207	48	12	economic	economic	ADJ
cjal-9207	48	13	,	,	PUNCT
cjal-9207	48	14	5	5	NUM
cjal-9207	48	15	positing	posit	VERB
cjal-9207	48	16	that	that	SCONJ
cjal-9207	48	17	increasing	increase	VERB
cjal-9207	48	18	shareholder	shareholder	NOUN
cjal-9207	48	19	monitoring	monitor	VERB
cjal-9207	48	20	powers	power	NOUN
cjal-9207	48	21	and	and	CCONJ
cjal-9207	48	22	governance	governance	NOUN
cjal-9207	48	23	participation	participation	NOUN
cjal-9207	48	24	will	will	AUX
cjal-9207	48	25	reduce	reduce	VERB
cjal-9207	48	26	agency	agency	NOUN
cjal-9207	48	27	costs	cost	NOUN
cjal-9207	48	28	,	,	PUNCT
cjal-9207	48	29	improve	improve	VERB
cjal-9207	48	30	firm	firm	ADJ
cjal-9207	48	31	performance	performance	NOUN
cjal-9207	48	32	and	and	CCONJ
cjal-9207	48	33	shareholder	shareholder	NOUN
cjal-9207	48	34	value	value	NOUN
cjal-9207	48	35	,	,	PUNCT
cjal-9207	48	36	and	and	CCONJ
cjal-9207	48	37	make	make	VERB
cjal-9207	48	38	capital	capital	NOUN
cjal-9207	48	39	allocation	allocation	NOUN
cjal-9207	48	40	more	more	ADV
cjal-9207	48	41	efficient	efficient	ADJ
cjal-9207	48	42	,	,	PUNCT
cjal-9207	48	43	thereby	thereby	ADV
cjal-9207	48	44	encouraging	encourage	VERB
cjal-9207	48	45	investment	investment	NOUN
cjal-9207	48	46	and	and	CCONJ
cjal-9207	48	47	the	the	DET
cjal-9207	48	48	development	development	NOUN
cjal-9207	48	49	of	of	ADP
cjal-9207	48	50	capital	capital	NOUN
cjal-9207	48	51	markets	market	NOUN
cjal-9207	48	52	.	.	PUNCT
cjal-9207	49	1	as	as	ADP
cjal-9207	49	2	a	a	DET
cjal-9207	49	3	result	result	NOUN
cjal-9207	49	4	,	,	PUNCT
cjal-9207	49	5	many	many	ADJ
cjal-9207	49	6	now	now	ADV
cjal-9207	49	7	consider	consider	VERB
cjal-9207	49	8	minority	minority	NOUN
cjal-9207	49	9	public	public	ADJ
cjal-9207	49	10	shareholders	shareholder	NOUN
cjal-9207	49	11	'	'	PART
cjal-9207	49	12	involvement	involvement	NOUN
cjal-9207	49	13	in	in	ADP
cjal-9207	49	14	monitoring	monitoring	NOUN
cjal-9207	49	15	and	and	CCONJ
cjal-9207	49	16	corporate	corporate	ADJ
cjal-9207	49	17	governance	governance	NOUN
cjal-9207	49	18	a	a	DET
cjal-9207	49	19	critical	critical	ADJ
cjal-9207	49	20	element	element	NOUN
cjal-9207	49	21	in	in	ADP
cjal-9207	49	22	vibrant	vibrant	ADJ
cjal-9207	49	23	and	and	CCONJ
cjal-9207	49	24	efficient	efficient	ADJ
cjal-9207	49	25	capital	capital	NOUN
cjal-9207	49	26	markets	market	NOUN
cjal-9207	49	27	.	.	PUNCT
cjal-9207	50	1	this	this	DET
cjal-9207	50	2	same	same	ADJ
cjal-9207	50	3	view	view	NOUN
cjal-9207	50	4	is	be	AUX
cjal-9207	50	5	also	also	ADV
cjal-9207	50	6	increasingly	increasingly	ADV
cjal-9207	50	7	established	establish	VERB
cjal-9207	50	8	even	even	ADV
cjal-9207	50	9	in	in	ADP
cjal-9207	50	10	markets	market	NOUN
cjal-9207	50	11	characterized	characterize	VERB
cjal-9207	50	12	by	by	ADP
cjal-9207	50	13	concentrated	concentrated	ADJ
cjal-9207	50	14	ownership	ownership	NOUN
cjal-9207	50	15	-	-	PUNCT
cjal-9207	50	16	the	the	DET
cjal-9207	50	17	typical	typical	ADJ
cjal-9207	50	18	ownership	ownership	NOUN
cjal-9207	50	19	structure	structure	NOUN
cjal-9207	50	20	around	around	ADP
cjal-9207	50	21	the	the	DET
cjal-9207	50	22	world	world	NOUN
cjal-9207	50	23	6	6	NUM
cjal-9207	50	24	-where	-where	NOUN
cjal-9207	50	25	the	the	DET
cjal-9207	50	26	existence	existence	NOUN
cjal-9207	50	27	of	of	ADP
cjal-9207	50	28	controlling	control	VERB
cjal-9207	50	29	or	or	CCONJ
cjal-9207	50	30	dominant	dominant	ADJ
cjal-9207	50	31	shareholders	shareholder	NOUN
cjal-9207	50	32	and	and	CCONJ
cjal-9207	50	33	the	the	DET
cjal-9207	50	34	absence	absence	NOUN
cjal-9207	50	35	of	of	ADP
cjal-9207	50	36	an	an	DET
cjal-9207	50	37	active	active	ADJ
cjal-9207	50	38	market	market	NOUN
cjal-9207	50	39	for	for	ADP
cjal-9207	50	40	corporate	corporate	ADJ
cjal-9207	50	41	control	control	NOUN
cjal-9207	50	42	have	have	AUX
cjal-9207	50	43	traditionally	traditionally	ADV
cjal-9207	50	44	thought	think	VERB
cjal-9207	50	45	to	to	PART
cjal-9207	50	46	render	render	VERB
cjal-9207	50	47	minority	minority	NOUN
cjal-9207	50	48	public	public	ADJ
cjal-9207	50	49	shareholder	shareholder	NOUN
cjal-9207	50	50	involvement	involvement	NOUN
cjal-9207	50	51	less	less	ADV
cjal-9207	50	52	effective	effective	ADJ
cjal-9207	50	53	.	.	PUNCT
cjal-9207	51	1	even	even	ADV
cjal-9207	51	2	in	in	ADP
cjal-9207	51	3	concentrated	concentrated	ADJ
cjal-9207	51	4	markets	market	NOUN
cjal-9207	51	5	,	,	PUNCT
cjal-9207	51	6	it	it	PRON
cjal-9207	51	7	is	be	AUX
cjal-9207	51	8	increasingly	increasingly	ADV
cjal-9207	51	9	recognized	recognize	VERB
cjal-9207	51	10	that	that	SCONJ
cjal-9207	51	11	minority	minority	NOUN
cjal-9207	51	12	public	public	ADJ
cjal-9207	51	13	shareholders	shareholder	NOUN
cjal-9207	51	14	can	can	AUX
cjal-9207	51	15	,	,	PUNCT
cjal-9207	51	16	and	and	CCONJ
cjal-9207	51	17	sometimes	sometimes	ADV
cjal-9207	51	18	should	should	AUX
cjal-9207	51	19	,	,	PUNCT
cjal-9207	51	20	become	become	VERB
cjal-9207	51	21	more	more	ADV
cjal-9207	51	22	influential	influential	ADJ
cjal-9207	51	23	corporate	corporate	ADJ
cjal-9207	51	24	players	player	NOUN
cjal-9207	51	25	.	.	PUNCT
cjal-9207	52	1	7	7	NUM
cjal-9207	53	1	thus	thus	ADV
cjal-9207	53	2	,	,	PUNCT
cjal-9207	53	3	3	3	NUM
cjal-9207	53	4	that	that	PRON
cjal-9207	53	5	is	be	AUX
cjal-9207	53	6	,	,	PUNCT
cjal-9207	53	7	(	(	PUNCT
cjal-9207	53	8	i	i	NOUN
cjal-9207	53	9	)	)	PUNCT
cjal-9207	53	10	greater	great	ADJ
cjal-9207	53	11	involvement	involvement	NOUN
cjal-9207	53	12	of	of	ADP
cjal-9207	53	13	minority	minority	NOUN
cjal-9207	53	14	public	public	ADJ
cjal-9207	53	15	shareholders	shareholder	NOUN
cjal-9207	53	16	in	in	ADP
cjal-9207	53	17	the	the	DET
cjal-9207	53	18	monitoring	monitoring	NOUN
cjal-9207	53	19	of	of	ADP
cjal-9207	53	20	corporate	corporate	ADJ
cjal-9207	53	21	insiders	insider	NOUN
cjal-9207	53	22	and	and	CCONJ
cjal-9207	53	23	(	(	PUNCT
cjal-9207	53	24	iii	iii	X
cjal-9207	53	25	)	)	PUNCT
cjal-9207	53	26	their	their	PRON
cjal-9207	53	27	increased	increase	VERB
cjal-9207	53	28	participation	participation	NOUN
cjal-9207	53	29	in	in	ADP
cjal-9207	53	30	the	the	DET
cjal-9207	53	31	governance	governance	NOUN
cjal-9207	53	32	of	of	ADP
cjal-9207	53	33	firms	firm	NOUN
cjal-9207	53	34	.	.	PUNCT
cjal-9207	54	1	of	of	ADV
cjal-9207	54	2	course	course	ADV
cjal-9207	54	3	,	,	PUNCT
cjal-9207	54	4	the	the	DET
cjal-9207	54	5	division	division	NOUN
cjal-9207	54	6	suggested	suggest	VERB
cjal-9207	54	7	here	here	ADV
cjal-9207	54	8	is	be	AUX
cjal-9207	54	9	somewhat	somewhat	ADV
cjal-9207	54	10	artificial	artificial	ADJ
cjal-9207	54	11	as	as	SCONJ
cjal-9207	54	12	the	the	DET
cjal-9207	54	13	paths	path	NOUN
cjal-9207	54	14	are	be	AUX
cjal-9207	54	15	not	not	PART
cjal-9207	54	16	completely	completely	ADV
cjal-9207	54	17	separable	separable	ADJ
cjal-9207	54	18	.	.	PUNCT
cjal-9207	55	1	the	the	DET
cjal-9207	55	2	second	second	ADJ
cjal-9207	55	3	path	path	NOUN
cjal-9207	55	4	-	-	PUNCT
cjal-9207	55	5	legal	legal	ADJ
cjal-9207	55	6	protections	protection	NOUN
cjal-9207	55	7	,	,	PUNCT
cjal-9207	55	8	for	for	ADP
cjal-9207	55	9	example	example	NOUN
cjal-9207	55	10	,	,	PUNCT
cjal-9207	55	11	often	often	ADV
cjal-9207	55	12	merge	merge	VERB
cjal-9207	55	13	with	with	ADP
cjal-9207	55	14	the	the	DET
cjal-9207	55	15	third	third	ADJ
cjal-9207	55	16	path	path	NOUN
cjal-9207	55	17	-	-	PUNCT
cjal-9207	55	18	participation	participation	NOUN
cjal-9207	55	19	rights	right	NOUN
cjal-9207	55	20	in	in	ADP
cjal-9207	55	21	the	the	DET
cjal-9207	55	22	governance	governance	NOUN
cjal-9207	55	23	of	of	ADP
cjal-9207	55	24	firms	firm	NOUN
cjal-9207	55	25	,	,	PUNCT
cjal-9207	55	26	such	such	ADJ
cjal-9207	55	27	as	as	ADP
cjal-9207	55	28	in	in	ADP
cjal-9207	55	29	the	the	DET
cjal-9207	55	30	case	case	NOUN
cjal-9207	55	31	of	of	ADP
cjal-9207	55	32	super	super	ADJ
cjal-9207	55	33	majority	majority	NOUN
cjal-9207	55	34	votes	vote	NOUN
cjal-9207	55	35	or	or	CCONJ
cjal-9207	55	36	negative	negative	ADJ
cjal-9207	55	37	veto	veto	NOUN
cjal-9207	55	38	provisions	provision	NOUN
cjal-9207	55	39	.	.	PUNCT
cjal-9207	56	1	•	•	X
cjal-9207	56	2	even	even	ADV
cjal-9207	56	3	scholars	scholar	NOUN
cjal-9207	56	4	who	who	PRON
cjal-9207	56	5	hold	hold	VERB
cjal-9207	56	6	the	the	DET
cjal-9207	56	7	view	view	NOUN
cjal-9207	56	8	that	that	SCONJ
cjal-9207	56	9	shareholders	shareholder	NOUN
cjal-9207	56	10	do	do	AUX
cjal-9207	56	11	not	not	PART
cjal-9207	56	12	enjoy	enjoy	VERB
cjal-9207	56	13	vested	vest	VERB
cjal-9207	56	14	proprietary	proprietary	ADJ
cjal-9207	56	15	rights	right	NOUN
cjal-9207	56	16	justify	justify	VERB
cjal-9207	56	17	the	the	DET
cjal-9207	56	18	protections	protection	NOUN
cjal-9207	56	19	of	of	ADP
cjal-9207	56	20	public	public	ADJ
cjal-9207	56	21	shareholders	shareholder	NOUN
cjal-9207	56	22	as	as	ADV
cjal-9207	56	23	economically	economically	ADV
cjal-9207	56	24	desirable	desirable	ADJ
cjal-9207	56	25	.	.	PUNCT
cjal-9207	57	1	see	see	VERB
cjal-9207	57	2	easterbrook	easterbrook	PROPN
cjal-9207	57	3	&	&	CCONJ
cjal-9207	57	4	fischel	fischel	PROPN
cjal-9207	57	5	,	,	PUNCT
cjal-9207	57	6	supra	supra	PROPN
cjal-9207	57	7	note	note	NOUN
cjal-9207	57	8	1	1	NUM
cjal-9207	57	9	,	,	PUNCT
cjal-9207	57	10	at	at	ADP
cjal-9207	57	11	403	403	NUM
cjal-9207	57	12	(	(	PUNCT
cjal-9207	57	13	emphasizing	emphasize	VERB
cjal-9207	57	14	the	the	DET
cjal-9207	57	15	status	status	NOUN
cjal-9207	57	16	of	of	ADP
cjal-9207	57	17	shareholders	shareholder	NOUN
cjal-9207	57	18	as	as	ADP
cjal-9207	57	19	the	the	DET
cjal-9207	57	20	residual	residual	ADJ
cjal-9207	57	21	claimants	claimant	NOUN
cjal-9207	57	22	and	and	CCONJ
cjal-9207	57	23	risk	risk	NOUN
cjal-9207	57	24	bearers	bearer	NOUN
cjal-9207	57	25	)	)	PUNCT
cjal-9207	57	26	;	;	PUNCT
cjal-9207	57	27	rafael	rafael	PROPN
cjal-9207	57	28	la	la	PROPN
cjal-9207	57	29	porta	porta	PROPN
cjal-9207	57	30	et	et	PROPN
cjal-9207	57	31	al	al	PROPN
cjal-9207	57	32	.	.	PROPN
cjal-9207	57	33	,	,	PUNCT
cjal-9207	57	34	legal	legal	ADJ
cjal-9207	57	35	determinants	determinant	NOUN
cjal-9207	57	36	of	of	ADP
cjal-9207	57	37	external	external	ADJ
cjal-9207	57	38	finance	finance	NOUN
cjal-9207	57	39	,	,	PUNCT
cjal-9207	57	40	52	52	NUM
cjal-9207	57	41	j.	j.	PROPN
cjal-9207	57	42	fin	fin	PROPN
cjal-9207	57	43	.	.	PUNCT
cjal-9207	58	1	1131	1131	NUM
cjal-9207	58	2	(	(	PUNCT
cjal-9207	58	3	1997	1997	NUM
cjal-9207	58	4	)	)	PUNCT
cjal-9207	58	5	(	(	PUNCT
cjal-9207	58	6	suggesting	suggest	VERB
cjal-9207	58	7	causality	causality	NOUN
cjal-9207	58	8	between	between	ADP
cjal-9207	58	9	protections	protection	NOUN
cjal-9207	58	10	of	of	ADP
cjal-9207	58	11	shareholders	shareholder	NOUN
cjal-9207	58	12	legal	legal	ADJ
cjal-9207	58	13	rights	right	NOUN
cjal-9207	58	14	and	and	CCONJ
cjal-9207	58	15	the	the	DET
cjal-9207	58	16	availability	availability	NOUN
cjal-9207	58	17	and	and	CCONJ
cjal-9207	58	18	cost	cost	NOUN
cjal-9207	58	19	of	of	ADP
cjal-9207	58	20	external	external	ADJ
cjal-9207	58	21	finance	finance	NOUN
cjal-9207	58	22	)	)	PUNCT
cjal-9207	58	23	.	.	PUNCT
cjal-9207	59	1	•	•	NOUN
cjal-9207	59	2	some	some	DET
cjal-9207	59	3	studies	study	NOUN
cjal-9207	59	4	provide	provide	VERB
cjal-9207	59	5	empirical	empirical	ADJ
cjal-9207	59	6	evidence	evidence	NOUN
cjal-9207	59	7	to	to	PART
cjal-9207	59	8	support	support	VERB
cjal-9207	59	9	a	a	DET
cjal-9207	59	10	positive	positive	ADJ
cjal-9207	59	11	correlation	correlation	NOUN
cjal-9207	59	12	between	between	ADP
cjal-9207	59	13	shareholder	shareholder	NOUN
cjal-9207	59	14	activism	activism	NOUN
cjal-9207	59	15	and	and	CCONJ
cjal-9207	59	16	firm	firm	ADJ
cjal-9207	59	17	performance	performance	NOUN
cjal-9207	59	18	.	.	PUNCT
cjal-9207	60	1	see	see	VERB
cjal-9207	60	2	jonathan	jonathan	PROPN
cjal-9207	60	3	m.	m.	PROPN
cjal-9207	60	4	karpoff	karpoff	PROPN
cjal-9207	60	5	,	,	PUNCT
cjal-9207	60	6	the	the	DET
cjal-9207	60	7	impact	impact	NOUN
cjal-9207	60	8	of	of	ADP
cjal-9207	60	9	shareholder	shareholder	NOUN
cjal-9207	60	10	activism	activism	NOUN
cjal-9207	60	11	on	on	ADP
cjal-9207	60	12	target	target	NOUN
cjal-9207	60	13	companies	company	NOUN
cjal-9207	60	14	:	:	PUNCT
cjal-9207	60	15	a	a	DET
cjal-9207	60	16	survey	survey	NOUN
cjal-9207	60	17	of	of	ADP
cjal-9207	60	18	empirical	empirical	ADJ
cjal-9207	60	19	findings	finding	NOUN
cjal-9207	60	20	,	,	PUNCT
cjal-9207	60	21	44	44	NUM
cjal-9207	60	22	tb	tb	ADP
cjal-9207	60	23	l.3	l.3	PROPN
cjal-9207	60	24	(	(	PUNCT
cjal-9207	60	25	aug	aug	PROPN
cjal-9207	60	26	.	.	PROPN
cjal-9207	60	27	18	18	NUM
cjal-9207	60	28	,	,	PUNCT
cjal-9207	60	29	2001	2001	NUM
cjal-9207	60	30	)	)	PUNCT
cjal-9207	60	31	(	(	PUNCT
cjal-9207	60	32	unpublished	unpublished	ADJ
cjal-9207	60	33	manuscript	manuscript	NOUN
cjal-9207	60	34	)	)	PUNCT
cjal-9207	60	35	,	,	PUNCT
cjal-9207	60	36	http://ssrn.com/abstract=885365	http://ssrn.com/abstract=885365	PROPN
cjal-9207	60	37	.	.	PUNCT
cjal-9207	61	1	but	but	CCONJ
cjal-9207	61	2	there	there	PRON
cjal-9207	61	3	are	be	VERB
cjal-9207	61	4	many	many	ADJ
cjal-9207	61	5	studies	study	NOUN
cjal-9207	61	6	to	to	ADP
cjal-9207	61	7	the	the	DET
cjal-9207	61	8	contrary	contrary	NOUN
cjal-9207	61	9	.	.	PUNCT
cjal-9207	62	1	see	see	VERB
cjal-9207	62	2	,	,	PUNCT
cjal-9207	62	3	e.g.	e.g.	ADV
cjal-9207	62	4	,	,	PUNCT
cjal-9207	62	5	roberta	roberta	PROPN
cjal-9207	62	6	romano	romano	PROPN
cjal-9207	62	7	,	,	PUNCT
cjal-9207	62	8	less	less	ADV
cjal-9207	62	9	is	be	AUX
cjal-9207	62	10	more	more	ADJ
cjal-9207	62	11	:	:	PUNCT
cjal-9207	62	12	making	make	VERB
cjal-9207	62	13	shareholder	shareholder	NOUN
cjal-9207	62	14	activism	activism	NOUN
cjal-9207	62	15	a	a	DET
cjal-9207	62	16	valued	value	VERB
cjal-9207	62	17	mechanism	mechanism	NOUN
cjal-9207	62	18	of	of	ADP
cjal-9207	62	19	corporate	corporate	ADJ
cjal-9207	62	20	governance	governance	NOUN
cjal-9207	62	21	,	,	PUNCT
cjal-9207	62	22	18	18	NUM
cjal-9207	62	23	yale	yale	NOUN
cjal-9207	62	24	.	.	PUNCT
cjal-9207	63	1	j.	j.	PROPN
cjal-9207	63	2	on	on	ADP
cjal-9207	63	3	reg	reg	PROPN
cjal-9207	63	4	.	.	PUNCT
cjal-9207	64	1	174	174	NUM
cjal-9207	64	2	,	,	PUNCT
cjal-9207	64	3	177	177	NUM
cjal-9207	64	4	n.8	n.8	NOUN
cjal-9207	64	5	,	,	PUNCT
cjal-9207	64	6	187	187	NUM
cjal-9207	64	7	-	-	SYM
cjal-9207	64	8	219	219	NUM
cjal-9207	64	9	(	(	PUNCT
cjal-9207	64	10	reviewing	review	VERB
cjal-9207	64	11	studies	study	NOUN
cjal-9207	64	12	that	that	PRON
cjal-9207	64	13	show	show	VERB
cjal-9207	64	14	no	no	DET
cjal-9207	64	15	empirical	empirical	ADJ
cjal-9207	64	16	evidence	evidence	NOUN
cjal-9207	64	17	in	in	ADP
cjal-9207	64	18	support	support	NOUN
cjal-9207	64	19	of	of	ADP
cjal-9207	64	20	the	the	DET
cjal-9207	64	21	claim	claim	NOUN
cjal-9207	64	22	that	that	SCONJ
cjal-9207	64	23	activism	activism	NOUN
cjal-9207	64	24	improves	improve	VERB
cjal-9207	64	25	long	long	ADJ
cjal-9207	64	26	term	term	NOUN
cjal-9207	64	27	performance	performance	NOUN
cjal-9207	64	28	)	)	PUNCT
cjal-9207	64	29	.	.	PUNCT
cjal-9207	65	1	6	6	NUM
cjal-9207	65	2	throughout	throughout	ADP
cjal-9207	65	3	this	this	DET
cjal-9207	65	4	article	article	NOUN
cjal-9207	65	5	,	,	PUNCT
cjal-9207	65	6	i	i	PRON
cjal-9207	65	7	use	use	VERB
cjal-9207	65	8	the	the	DET
cjal-9207	65	9	terms	term	NOUN
cjal-9207	65	10	"	"	PUNCT
cjal-9207	65	11	concentrated	concentrated	ADJ
cjal-9207	65	12	markets	market	NOUN
cjal-9207	65	13	"	"	PUNCT
cjal-9207	65	14	and	and	CCONJ
cjal-9207	65	15	"	"	PUNCT
cjal-9207	65	16	controlled	control	VERB
cjal-9207	65	17	markets	market	NOUN
cjal-9207	65	18	"	"	PUNCT
cjal-9207	65	19	interchangeably	interchangeably	ADV
cjal-9207	65	20	,	,	PUNCT
cjal-9207	65	21	referring	refer	VERB
cjal-9207	65	22	to	to	ADP
cjal-9207	65	23	the	the	DET
cjal-9207	65	24	market	market	NOUN
cjal-9207	65	25	level	level	NOUN
cjal-9207	65	26	in	in	ADP
cjal-9207	65	27	which	which	PRON
cjal-9207	65	28	the	the	DET
cjal-9207	65	29	ownership	ownership	NOUN
cjal-9207	65	30	of	of	ADP
cjal-9207	65	31	most	most	ADJ
cjal-9207	65	32	public	public	ADJ
cjal-9207	65	33	corporations	corporation	NOUN
cjal-9207	65	34	is	be	AUX
cjal-9207	65	35	concentrated	concentrate	VERB
cjal-9207	65	36	at	at	ADP
cjal-9207	65	37	the	the	DET
cjal-9207	65	38	hands	hand	NOUN
cjal-9207	65	39	of	of	ADP
cjal-9207	65	40	(	(	PUNCT
cjal-9207	65	41	a	a	NOUN
cjal-9207	65	42	)	)	PUNCT
cjal-9207	65	43	dominant	dominant	ADJ
cjal-9207	65	44	or	or	CCONJ
cjal-9207	65	45	controlling	controlling	ADJ
cjal-9207	65	46	shareholder(s	shareholder(s	NOUN
cjal-9207	65	47	)	)	PUNCT
cjal-9207	65	48	.	.	PUNCT
cjal-9207	66	1	an	an	DET
cjal-9207	66	2	individual	individual	ADJ
cjal-9207	66	3	corporation	corporation	NOUN
cjal-9207	66	4	may	may	AUX
cjal-9207	66	5	have	have	VERB
cjal-9207	66	6	relatively	relatively	ADV
cjal-9207	66	7	concentrated	concentrate	VERB
cjal-9207	66	8	ownership	ownership	NOUN
cjal-9207	66	9	while	while	SCONJ
cjal-9207	66	10	operating	operate	VERB
cjal-9207	66	11	in	in	ADP
cjal-9207	66	12	a	a	DET
cjal-9207	66	13	widely	widely	ADV
cjal-9207	66	14	dispersed	disperse	VERB
cjal-9207	66	15	market	market	NOUN
cjal-9207	66	16	,	,	PUNCT
cjal-9207	66	17	and	and	CCONJ
cjal-9207	66	18	vice	vice	ADV
cjal-9207	66	19	versa	versa	ADV
cjal-9207	66	20	.	.	PUNCT
cjal-9207	67	1	7	7	NUM
cjal-9207	67	2	indeed	indeed	ADV
cjal-9207	67	3	,	,	PUNCT
cjal-9207	67	4	even	even	ADV
cjal-9207	67	5	the	the	DET
cjal-9207	67	6	european	european	PROPN
cjal-9207	67	7	union	union	PROPN
cjal-9207	67	8	council	council	PROPN
cjal-9207	67	9	,	,	PUNCT
cjal-9207	67	10	whose	whose	DET
cjal-9207	67	11	ownership	ownership	NOUN
cjal-9207	67	12	structure	structure	NOUN
cjal-9207	67	13	of	of	ADP
cjal-9207	67	14	its	its	PRON
cjal-9207	67	15	member	member	NOUN
cjal-9207	67	16	states	state	NOUN
cjal-9207	67	17	feature	feature	VERB
cjal-9207	67	18	concentrated	concentrated	ADJ
cjal-9207	67	19	ownership	ownership	NOUN
cjal-9207	67	20	(	(	PUNCT
cjal-9207	67	21	but	but	CCONJ
cjal-9207	67	22	for	for	ADP
cjal-9207	67	23	the	the	DET
cjal-9207	67	24	exception	exception	NOUN
cjal-9207	67	25	of	of	ADP
cjal-9207	67	26	the	the	DET
cjal-9207	67	27	uk	uk	PROPN
cjal-9207	67	28	)	)	PUNCT
cjal-9207	67	29	,	,	PUNCT
cjal-9207	67	30	saw	see	VERB
cjal-9207	67	31	an	an	DET
cjal-9207	67	32	urgent	urgent	ADJ
cjal-9207	67	33	need	need	NOUN
cjal-9207	67	34	to	to	PART
cjal-9207	67	35	empower	empower	VERB
cjal-9207	67	36	shareholders	shareholder	NOUN
cjal-9207	67	37	by	by	ADP
cjal-9207	67	38	encouraging	encourage	VERB
cjal-9207	67	39	their	their	PRON
cjal-9207	67	40	participation	participation	NOUN
cjal-9207	67	41	through	through	ADP
cjal-9207	67	42	voting	voting	NOUN
cjal-9207	67	43	.	.	PUNCT
cjal-9207	68	1	see	see	VERB
cjal-9207	68	2	,	,	PUNCT
cjal-9207	68	3	e.g.	e.g.	ADV
cjal-9207	68	4	,	,	PUNCT
cjal-9207	68	5	council	council	NOUN
cjal-9207	68	6	directive	directive	NOUN
cjal-9207	68	7	2007/36	2007/36	NUM
cjal-9207	68	8	,	,	PUNCT
cjal-9207	68	9	2007	2007	NUM
cjal-9207	68	10	0.j	0.j	NUM
cjal-9207	68	11	.	.	PUNCT
cjal-9207	69	1	(	(	PUNCT
cjal-9207	69	2	1,184/07	1,184/07	NUM
cjal-9207	69	3	)	)	PUNCT
cjal-9207	69	4	(	(	PUNCT
cjal-9207	69	5	ec	ec	PROPN
cjal-9207	69	6	)	)	PUNCT
cjal-9207	69	7	(	(	PUNCT
cjal-9207	69	8	more	more	ADV
cjal-9207	69	9	particularly	particularly	ADV
cjal-9207	69	10	,	,	PUNCT
cjal-9207	69	11	seeking	seek	VERB
cjal-9207	69	12	to	to	PART
cjal-9207	69	13	encourage	encourage	VERB
cjal-9207	69	14	cross	cross	ADJ
cjal-9207	69	15	-	-	ADJ
cjal-9207	69	16	border	border	ADJ
cjal-9207	69	17	shareholder	shareholder	NOUN
cjal-9207	69	18	participation	participation	NOUN
cjal-9207	69	19	)	)	PUNCT
cjal-9207	69	20	;	;	PUNCT
cjal-9207	69	21	see	see	VERB
cjal-9207	69	22	also	also	ADV
cjal-9207	69	23	dirk	dirk	PROPN
cjal-9207	69	24	zetzsche	zetzsche	PROPN
cjal-9207	69	25	,	,	PUNCT
cjal-9207	69	26	shareholder	shareholder	NOUN
cjal-9207	69	27	passi	passi	PROPN
cjal-9207	69	28	vity	vity	PROPN
cjal-9207	69	29	,	,	PUNCT
cjal-9207	69	30	cross	cross	ADJ
cjal-9207	69	31	-	-	ADJ
cjal-9207	69	32	border	border	ADJ
cjal-9207	69	33	voting	voting	NOUN
cjal-9207	69	34	and	and	CCONJ
cjal-9207	69	35	the	the	DET
cjal-9207	69	36	shareholder	shareholder	NOUN
cjal-9207	69	37	rights	right	NOUN
cjal-9207	69	38	directive	directive	NOUN
cjal-9207	69	39	,	,	PUNCT
cjal-9207	69	40	8	8	NUM
cjal-9207	69	41	j.	j.	PROPN
cjal-9207	69	42	corp	corp	PROPN
cjal-9207	69	43	.	.	PROPN
cjal-9207	69	44	l.	l.	PROPN
cjal-9207	69	45	stud	stud	PROPN
cjal-9207	69	46	.	.	PUNCT
cjal-9207	70	1	289	289	NUM
cjal-9207	70	2	(	(	PUNCT
cjal-9207	70	3	2008	2008	NUM
cjal-9207	70	4	)	)	PUNCT
cjal-9207	70	5	(	(	PUNCT
cjal-9207	70	6	suggesting	suggest	VERB
cjal-9207	70	7	ways	way	NOUN
cjal-9207	70	8	to	to	PART
cjal-9207	70	9	further	far	ADV
cjal-9207	70	10	mandate	mandate	VERB
cjal-9207	70	11	an	an	DET
cjal-9207	70	12	effective	effective	ADJ
cjal-9207	70	13	regime	regime	NOUN
cjal-9207	70	14	for	for	ADP
cjal-9207	70	15	increased	increase	VERB
cjal-9207	70	16	cross4	cross4	PROPN
cjal-9207	70	17	columbia	columbia	PROPN
cjal-9207	70	18	journal	journal	PROPN
cjal-9207	70	19	of	of	ADP
cjal-9207	70	20	asian	asian	ADJ
cjal-9207	70	21	law	law	NOUN
cjal-9207	71	1	[	[	X
cjal-9207	71	2	vol	vol	NOUN
cjal-9207	71	3	.	.	PUNCT
cjal-9207	72	1	30:1	30:1	NUM
cjal-9207	72	2	minority	minority	NOUN
cjal-9207	72	3	public	public	ADJ
cjal-9207	72	4	shareholders	shareholder	NOUN
cjal-9207	72	5	in	in	ADP
cjal-9207	72	6	legal	legal	ADJ
cjal-9207	72	7	systems	system	NOUN
cjal-9207	72	8	around	around	ADP
cjal-9207	72	9	the	the	DET
cjal-9207	72	10	world	world	NOUN
cjal-9207	72	11	are	be	AUX
cjal-9207	72	12	gradually	gradually	ADV
cjal-9207	72	13	empowered	empower	VERB
cjal-9207	72	14	by	by	ADP
cjal-9207	72	15	mechanisms	mechanism	NOUN
cjal-9207	72	16	that	that	PRON
cjal-9207	72	17	substitute	substitute	VERB
cjal-9207	72	18	the	the	DET
cjal-9207	72	19	powers	power	NOUN
cjal-9207	72	20	of	of	ADP
cjal-9207	72	21	a	a	DET
cjal-9207	72	22	market	market	NOUN
cjal-9207	72	23	for	for	ADP
cjal-9207	72	24	corporate	corporate	ADJ
cjal-9207	72	25	control	control	NOUN
cjal-9207	72	26	.	.	PUNCT
cjal-9207	73	1	these	these	DET
cjal-9207	73	2	substitute	substitute	NOUN
cjal-9207	73	3	mechanisms	mechanism	NOUN
cjal-9207	73	4	are	be	AUX
cjal-9207	73	5	implemented	implement	VERB
cjal-9207	73	6	primarily	primarily	ADV
cjal-9207	73	7	through	through	ADP
cjal-9207	73	8	enhanced	enhance	VERB
cjal-9207	73	9	minority	minority	NOUN
cjal-9207	73	10	shareholder	shareholder	NOUN
cjal-9207	73	11	participation	participation	NOUN
cjal-9207	73	12	rightss	rightss	NOUN
cjal-9207	73	13	and	and	CCONJ
cjal-9207	73	14	legal	legal	ADJ
cjal-9207	73	15	protection	protection	NOUN
cjal-9207	73	16	devices	device	NOUN
cjal-9207	73	17	,	,	PUNCT
cjal-9207	73	18	9	9	NUM
cjal-9207	73	19	which	which	PRON
cjal-9207	73	20	are	be	AUX
cjal-9207	73	21	embedded	embed	VERB
cjal-9207	73	22	in	in	ADP
cjal-9207	73	23	corporate	corporate	ADJ
cjal-9207	73	24	law	law	NOUN
cjal-9207	73	25	and	and	CCONJ
cjal-9207	73	26	securities	security	NOUN
cjal-9207	73	27	regulations	regulation	NOUN
cjal-9207	73	28	or	or	CCONJ
cjal-9207	73	29	established	establish	VERB
cjal-9207	73	30	through	through	ADP
cjal-9207	73	31	other	other	ADJ
cjal-9207	73	32	institutional	institutional	ADJ
cjal-9207	73	33	development	development	NOUN
cjal-9207	73	34	in	in	ADP
cjal-9207	73	35	given	give	VERB
cjal-9207	73	36	markets	market	NOUN
cjal-9207	73	37	.	.	PUNCT
cjal-9207	74	1	this	this	DET
cjal-9207	74	2	article	article	NOUN
cjal-9207	74	3	focuses	focus	VERB
cjal-9207	74	4	specifically	specifically	ADV
cjal-9207	74	5	on	on	ADP
cjal-9207	74	6	what	what	PRON
cjal-9207	74	7	is	be	AUX
cjal-9207	74	8	considered	consider	VERB
cjal-9207	74	9	to	to	PART
cjal-9207	74	10	be	be	AUX
cjal-9207	74	11	the	the	DET
cjal-9207	74	12	plight	plight	NOUN
cjal-9207	74	13	of	of	ADP
cjal-9207	74	14	minority	minority	NOUN
cjal-9207	74	15	public	public	ADJ
cjal-9207	74	16	shareholders	shareholder	NOUN
cjal-9207	74	17	in	in	ADP
cjal-9207	74	18	firms	firm	NOUN
cjal-9207	74	19	established	establish	VERB
cjal-9207	74	20	and	and	CCONJ
cjal-9207	74	21	operating	operate	VERB
cjal-9207	74	22	in	in	ADP
cjal-9207	74	23	the	the	DET
cjal-9207	74	24	people	people	NOUN
cjal-9207	74	25	's	's	PART
cjal-9207	74	26	republic	republic	NOUN
cjal-9207	74	27	of	of	ADP
cjal-9207	74	28	china	china	PROPN
cjal-9207	74	29	(	(	PUNCT
cjal-9207	74	30	"	"	PUNCT
cjal-9207	74	31	prc	prc	PROPN
cjal-9207	74	32	"	"	PUNCT
cjal-9207	74	33	or	or	CCONJ
cjal-9207	74	34	"	"	PUNCT
cjal-9207	74	35	china")-a	china")-a	PROPN
cjal-9207	74	36	highly	highly	ADV
cjal-9207	74	37	concentrated	concentrated	ADJ
cjal-9207	74	38	and	and	CCONJ
cjal-9207	74	39	largely	largely	ADV
cjal-9207	74	40	state	state	NOUN
cjal-9207	74	41	-	-	PUNCT
cjal-9207	74	42	controlled	control	VERB
cjal-9207	74	43	capital	capital	NOUN
cjal-9207	74	44	market	market	NOUN
cjal-9207	74	45	,	,	PUNCT
cjal-9207	74	46	where	where	SCONJ
cjal-9207	74	47	few	few	ADJ
cjal-9207	74	48	would	would	AUX
cjal-9207	74	49	envision	envision	VERB
cjal-9207	74	50	any	any	DET
cjal-9207	74	51	minority	minority	NOUN
cjal-9207	74	52	shareholder	shareholder	NOUN
cjal-9207	74	53	empowerment	empowerment	NOUN
cjal-9207	74	54	whatsoever	whatsoever	ADV
cjal-9207	74	55	.	.	PUNCT
cjal-9207	75	1	this	this	DET
cjal-9207	75	2	article	article	NOUN
cjal-9207	75	3	looks	look	VERB
cjal-9207	75	4	at	at	ADP
cjal-9207	75	5	two	two	NUM
cjal-9207	75	6	questions	question	NOUN
cjal-9207	75	7	with	with	ADP
cjal-9207	75	8	respect	respect	NOUN
cjal-9207	75	9	to	to	ADP
cjal-9207	75	10	the	the	DET
cjal-9207	75	11	now	now	ADV
cjal-9207	75	12	globally	globally	ADV
cjal-9207	75	13	-	-	PUNCT
cjal-9207	75	14	significant	significant	ADJ
cjal-9207	75	15	chinese	chinese	ADJ
cjal-9207	75	16	capital	capital	NOUN
cjal-9207	75	17	markets	market	NOUN
cjal-9207	75	18	and	and	CCONJ
cjal-9207	75	19	the	the	DET
cjal-9207	75	20	chinese	chinese	ADJ
cjal-9207	75	21	firms	firm	NOUN
cjal-9207	75	22	that	that	PRON
cjal-9207	75	23	access	access	VERB
cjal-9207	75	24	them	they	PRON
cjal-9207	75	25	:	:	PUNCT
cjal-9207	75	26	first	first	ADV
cjal-9207	75	27	,	,	PUNCT
cjal-9207	75	28	whether	whether	SCONJ
cjal-9207	75	29	the	the	DET
cjal-9207	75	30	above	above	ADV
cjal-9207	75	31	-	-	PUNCT
cjal-9207	75	32	described	describe	VERB
cjal-9207	75	33	shift	shift	NOUN
cjal-9207	75	34	in	in	ADP
cjal-9207	75	35	the	the	DET
cjal-9207	75	36	role	role	NOUN
cjal-9207	75	37	and	and	CCONJ
cjal-9207	75	38	powers	power	NOUN
cjal-9207	75	39	of	of	ADP
cjal-9207	75	40	minority	minority	NOUN
cjal-9207	75	41	public	public	ADJ
cjal-9207	75	42	shareholders	shareholder	NOUN
cjal-9207	75	43	occurring	occur	VERB
cjal-9207	75	44	world	world	NOUN
cjal-9207	75	45	-	-	PUNCT
cjal-9207	75	46	wide	wide	ADV
cjal-9207	75	47	,	,	PUNCT
cjal-9207	75	48	even	even	ADV
cjal-9207	75	49	in	in	ADP
cjal-9207	75	50	concentrated	concentrated	ADJ
cjal-9207	75	51	markets	market	NOUN
cjal-9207	75	52	,	,	PUNCT
cjal-9207	75	53	is	be	AUX
cjal-9207	75	54	also	also	ADV
cjal-9207	75	55	evident	evident	ADJ
cjal-9207	75	56	in	in	ADP
cjal-9207	75	57	the	the	DET
cjal-9207	75	58	prc	prc	PROPN
cjal-9207	75	59	circumstance	circumstance	NOUN
cjal-9207	75	60	,	,	PUNCT
cjal-9207	75	61	normatively	normatively	ADV
cjal-9207	75	62	and	and	CCONJ
cjal-9207	75	63	in	in	ADP
cjal-9207	75	64	reality	reality	NOUN
cjal-9207	75	65	?	?	PUNCT
cjal-9207	76	1	second	second	ADJ
cjal-9207	76	2	,	,	PUNCT
cjal-9207	76	3	if	if	SCONJ
cjal-9207	76	4	the	the	DET
cjal-9207	76	5	answer	answer	NOUN
cjal-9207	76	6	to	to	ADP
cjal-9207	76	7	the	the	DET
cjal-9207	76	8	first	first	ADJ
cjal-9207	76	9	question	question	NOUN
cjal-9207	76	10	is	be	AUX
cjal-9207	76	11	"	"	PUNCT
cjal-9207	76	12	no	no	INTJ
cjal-9207	76	13	"	"	PUNCT
cjal-9207	76	14	,	,	PUNCT
cjal-9207	76	15	and	and	CCONJ
cjal-9207	76	16	yet	yet	ADV
cjal-9207	76	17	such	such	DET
cjal-9207	76	18	a	a	DET
cjal-9207	76	19	change	change	NOUN
cjal-9207	76	20	is	be	AUX
cjal-9207	76	21	considered	consider	VERB
cjal-9207	76	22	desirable	desirable	ADJ
cjal-9207	76	23	,	,	PUNCT
cjal-9207	76	24	then	then	ADV
cjal-9207	76	25	if	if	SCONJ
cjal-9207	76	26	and	and	CCONJ
cjal-9207	76	27	how	how	SCONJ
cjal-9207	76	28	will	will	AUX
cjal-9207	76	29	the	the	DET
cjal-9207	76	30	same	same	ADJ
cjal-9207	76	31	shift	shift	NOUN
cjal-9207	76	32	eventually	eventually	ADV
cjal-9207	76	33	take	take	VERB
cjal-9207	76	34	place	place	NOUN
cjal-9207	76	35	under	under	ADP
cjal-9207	76	36	specifically	specifically	ADV
cjal-9207	76	37	chinese	chinese	ADJ
cjal-9207	76	38	circumstances	circumstance	NOUN
cjal-9207	76	39	?	?	PUNCT
cjal-9207	77	1	being	be	AUX
cjal-9207	77	2	perhaps	perhaps	ADV
cjal-9207	77	3	the	the	DET
cjal-9207	77	4	most	most	ADV
cjal-9207	77	5	concentrated	concentrated	ADJ
cjal-9207	77	6	and	and	CCONJ
cjal-9207	77	7	state	state	NOUN
cjal-9207	77	8	-	-	PUNCT
cjal-9207	77	9	controlled	control	VERB
cjal-9207	77	10	market	market	NOUN
cjal-9207	77	11	in	in	ADP
cjal-9207	77	12	the	the	DET
cjal-9207	77	13	world	world	NOUN
cjal-9207	77	14	,	,	PUNCT
cjal-9207	77	15	contemporary	contemporary	PROPN
cjal-9207	77	16	china	china	PROPN
cjal-9207	77	17	presents	present	VERB
cjal-9207	77	18	a	a	DET
cjal-9207	77	19	unique	unique	ADJ
cjal-9207	77	20	context	context	NOUN
cjal-9207	77	21	for	for	ADP
cjal-9207	77	22	any	any	DET
cjal-9207	77	23	consideration	consideration	NOUN
cjal-9207	77	24	of	of	ADP
cjal-9207	77	25	minority	minority	NOUN
cjal-9207	77	26	public	public	ADJ
cjal-9207	77	27	shareholder	shareholder	NOUN
cjal-9207	77	28	monitoring	monitoring	NOUN
cjal-9207	77	29	and	and	CCONJ
cjal-9207	77	30	governance	governance	NOUN
cjal-9207	77	31	participation	participation	NOUN
cjal-9207	77	32	.	.	PUNCT
cjal-9207	78	1	a	a	DET
cjal-9207	78	2	decades	decade	NOUN
cjal-9207	78	3	-	-	PUNCT
cjal-9207	78	4	long	long	ADJ
cjal-9207	78	5	process	process	NOUN
cjal-9207	78	6	of	of	ADP
cjal-9207	78	7	"	"	PUNCT
cjal-9207	78	8	corporatization	corporatization	NOUN
cjal-9207	78	9	without	without	ADP
cjal-9207	78	10	privatization	privatization	NOUN
cjal-9207	78	11	"	"	PUNCT
cjal-9207	78	12	in	in	ADP
cjal-9207	78	13	china	china	PROPN
cjal-9207	78	14	,	,	PUNCT
cjal-9207	78	15	and	and	CCONJ
cjal-9207	78	16	the	the	DET
cjal-9207	78	17	rise	rise	NOUN
cjal-9207	78	18	of	of	ADP
cjal-9207	78	19	what	what	PRON
cjal-9207	78	20	some	some	PRON
cjal-9207	78	21	have	have	AUX
cjal-9207	78	22	termed	term	VERB
cjal-9207	78	23	"	"	PUNCT
cjal-9207	78	24	state	state	NOUN
cjal-9207	78	25	capitalism	capitalism	NOUN
cjal-9207	78	26	"	"	PUNCT
cjal-9207	78	27	,	,	PUNCT
cjal-9207	78	28	have	have	AUX
cjal-9207	78	29	resulted	result	VERB
cjal-9207	78	30	in	in	ADP
cjal-9207	78	31	the	the	DET
cjal-9207	78	32	chinese	chinese	ADJ
cjal-9207	78	33	party	party	NOUN
cjal-9207	78	34	-	-	PUNCT
cjal-9207	78	35	state	state	NOUN
cjal-9207	78	36	's	's	PART
cjal-9207	78	37	de	de	X
cjal-9207	78	38	jure	jure	NOUN
cjal-9207	78	39	and	and	CCONJ
cjal-9207	78	40	de	de	X
cjal-9207	78	41	facto	facto	X
cjal-9207	78	42	control	control	NOUN
cjal-9207	78	43	over	over	ADP
cjal-9207	78	44	the	the	DET
cjal-9207	78	45	prc	prc	PROPN
cjal-9207	78	46	's	's	PART
cjal-9207	78	47	(	(	PUNCT
cjal-9207	78	48	and	and	CCONJ
cjal-9207	78	49	increasingly	increasingly	ADV
cjal-9207	78	50	the	the	DET
cjal-9207	78	51	world	world	NOUN
cjal-9207	78	52	's	's	PART
cjal-9207	78	53	)	)	PUNCT
cjal-9207	78	54	most	most	ADV
cjal-9207	78	55	significant	significant	ADJ
cjal-9207	78	56	listed	list	VERB
cjal-9207	78	57	firms	firm	NOUN
cjal-9207	78	58	.	.	PUNCT
cjal-9207	79	1	10	10	NUM
cjal-9207	79	2	the	the	DET
cjal-9207	79	3	ownership	ownership	NOUN
cjal-9207	79	4	structure	structure	NOUN
cjal-9207	79	5	of	of	ADP
cjal-9207	79	6	chinese	chinese	ADJ
cjal-9207	79	7	firms	firm	NOUN
cjal-9207	79	8	and	and	CCONJ
cjal-9207	79	9	the	the	DET
cjal-9207	79	10	control	control	NOUN
cjal-9207	79	11	over	over	ADP
cjal-9207	79	12	the	the	DET
cjal-9207	79	13	prc	prc	PROPN
cjal-9207	79	14	capital	capital	NOUN
cjal-9207	79	15	markets	market	NOUN
cjal-9207	79	16	have	have	AUX
cjal-9207	79	17	together	together	ADV
cjal-9207	79	18	created	create	VERB
cjal-9207	79	19	the	the	DET
cjal-9207	79	20	basis	basis	NOUN
cjal-9207	79	21	for	for	ADP
cjal-9207	79	22	open	open	ADJ
cjal-9207	79	23	oppression	oppression	NOUN
cjal-9207	79	24	of	of	ADP
cjal-9207	79	25	minority	minority	NOUN
cjal-9207	79	26	public	public	ADJ
cjal-9207	79	27	shareholder	shareholder	NOUN
cjal-9207	79	28	s	s	PART
cjal-9207	79	29	,	,	PUNCT
cjal-9207	79	30	and	and	CCONJ
cjal-9207	79	31	an	an	DET
cjal-9207	79	32	environment	environment	NOUN
cjal-9207	79	33	where	where	SCONJ
cjal-9207	79	34	there	there	PRON
cjal-9207	79	35	is	be	VERB
cjal-9207	79	36	no	no	DET
cjal-9207	79	37	market	market	NOUN
cjal-9207	79	38	for	for	ADP
cjal-9207	79	39	corporate	corporate	ADJ
cjal-9207	79	40	control	control	NOUN
cjal-9207	79	41	,	,	PUNCT
cjal-9207	79	42	and	and	CCONJ
cjal-9207	79	43	thus	thus	ADV
cjal-9207	79	44	no	no	DET
cjal-9207	79	45	apparent	apparent	ADJ
cjal-9207	79	46	possibility	possibility	NOUN
cjal-9207	79	47	for	for	ADP
cjal-9207	79	48	real	real	ADJ
cjal-9207	79	49	shareholder	shareholder	NOUN
cjal-9207	79	50	monitoring	monitoring	NOUN
cjal-9207	79	51	of	of	ADP
cjal-9207	79	52	insiders	insider	NOUN
cjal-9207	79	53	or	or	CCONJ
cjal-9207	79	54	controlling	control	VERB
cjal-9207	79	55	border	border	NOUN
cjal-9207	79	56	shareholder	shareholder	NOUN
cjal-9207	79	57	participation	participation	NOUN
cjal-9207	79	58	among	among	ADP
cjal-9207	79	59	european	european	ADJ
cjal-9207	79	60	member	member	NOUN
cjal-9207	79	61	states	state	NOUN
cjal-9207	79	62	)	)	PUNCT
cjal-9207	79	63	.	.	PUNCT
cjal-9207	80	1	nevertheless	nevertheless	ADV
cjal-9207	80	2	,	,	PUNCT
cjal-9207	80	3	the	the	DET
cjal-9207	80	4	skeptica	skeptica	PROPN
cjal-9207	80	5	l	l	NOUN
cjal-9207	80	6	approach	approach	NOUN
cjal-9207	80	7	concerning	concern	VERB
cjal-9207	80	8	the	the	DET
cjal-9207	80	9	effectiveness	effectiveness	NOUN
cjal-9207	80	10	and	and	CCONJ
cjal-9207	80	11	desirability	desirability	NOUN
cjal-9207	80	12	of	of	ADP
cjal-9207	80	13	minority	minority	NOUN
cjal-9207	80	14	public	public	ADJ
cjal-9207	80	15	shareholders	shareholder	NOUN
cjal-9207	80	16	'	'	PART
cjal-9207	80	17	involvement	involvement	NOUN
cjal-9207	80	18	is	be	AUX
cjal-9207	80	19	of	of	ADP
cjal-9207	80	20	course	course	NOUN
cjal-9207	80	21	even	even	ADV
cjal-9207	80	22	more	more	ADV
cjal-9207	80	23	relevant	relevant	ADJ
cjal-9207	80	24	with	with	ADP
cjal-9207	80	25	regard	regard	NOUN
cjal-9207	80	26	to	to	ADP
cjal-9207	80	27	concentrated	concentrate	VERB
cjal-9207	80	28	markets	market	NOUN
cjal-9207	80	29	due	due	ADP
cjal-9207	80	30	to	to	ADP
cjal-9207	80	31	the	the	DET
cjal-9207	80	32	existence	existence	NOUN
cjal-9207	80	33	of	of	ADP
cjal-9207	80	34	a	a	DET
cjal-9207	80	35	controlling	controlling	NOUN
cjal-9207	80	36	or	or	CCONJ
cjal-9207	80	37	a	a	DET
cjal-9207	80	38	dominant	dominant	ADJ
cjal-9207	80	39	shareholder	shareholder	NOUN
cjal-9207	80	40	.	.	PUNCT
cjal-9207	81	1	8	8	NUM
cjal-9207	81	2	such	such	ADJ
cjal-9207	81	3	as	as	ADP
cjal-9207	81	4	negative	negative	ADJ
cjal-9207	81	5	veto	veto	NOUN
cjal-9207	81	6	rights	right	NOUN
cjal-9207	81	7	,	,	PUNCT
cjal-9207	81	8	super	super	ADJ
cjal-9207	81	9	majority	majority	NOUN
cjal-9207	81	10	requirements	requirement	NOUN
cjal-9207	81	11	,	,	PUNCT
cjal-9207	81	12	or	or	CCONJ
cjal-9207	81	13	mandatory	mandatory	ADJ
cjal-9207	81	14	participation	participation	NOUN
cjal-9207	81	15	of	of	ADP
cjal-9207	81	16	minority	minority	NOUN
cjal-9207	81	17	public	public	ADJ
cjal-9207	81	18	shareholders	shareholder	NOUN
cjal-9207	81	19	in	in	ADP
cjal-9207	81	20	the	the	DET
cjal-9207	81	21	approval	approval	NOUN
cjal-9207	81	22	of	of	ADP
cjal-9207	81	23	certam	certam	NOUN
cjal-9207	81	24	business	business	NOUN
cjal-9207	81	25	decisions	decision	NOUN
cjal-9207	81	26	;	;	PUNCT
cjal-9207	81	27	various	various	ADJ
cjal-9207	81	28	forms	form	NOUN
cjal-9207	81	29	of	of	ADP
cjal-9207	81	30	minority	minority	NOUN
cjal-9207	81	31	public	public	ADJ
cjal-9207	81	32	shareholder	shareholder	NOUN
cjal-9207	81	33	involvement	involvement	NOUN
cjal-9207	81	34	in	in	ADP
cjal-9207	81	35	the	the	DET
cjal-9207	81	36	process	process	NOUN
cjal-9207	81	37	of	of	ADP
cjal-9207	81	38	directors	director	NOUN
cjal-9207	81	39	'	'	PART
cjal-9207	81	40	elections	election	NOUN
cjal-9207	81	41	;	;	PUNCT
cjal-9207	81	42	their	their	PRON
cjal-9207	81	43	right	right	NOUN
cjal-9207	81	44	to	to	PART
cjal-9207	81	45	submit	submit	VERB
cjal-9207	81	46	governance	governance	NOUN
cjal-9207	81	47	proposals	proposal	NOUN
cjal-9207	81	48	to	to	ADP
cjal-9207	81	49	the	the	DET
cjal-9207	81	50	board	board	NOUN
cjal-9207	81	51	,	,	PUNCT
cjal-9207	81	52	etc	etc	X
cjal-9207	81	53	.	.	X
cjal-9207	81	54	see	see	VERB
cjal-9207	81	55	,	,	PUNCT
cjal-9207	81	56	e.g.	e.g.	ADV
cjal-9207	81	57	,	,	PUNCT
cjal-9207	81	58	oecd	oecd	PROPN
cjal-9207	81	59	,	,	PUNCT
cjal-9207	81	60	related	relate	VERB
cjal-9207	81	61	party	party	NOUN
cjal-9207	81	62	transactions	transaction	NOUN
cjal-9207	81	63	and	and	CCONJ
cjal-9207	81	64	minority	minority	NOUN
cjal-9207	81	65	shareholder	shareholder	NOUN
cjal-9207	81	66	rights	right	NOUN
cjal-9207	81	67	3~7	3~7	NUM
cjal-9207	81	68	(	(	PUNCT
cjal-9207	81	69	2012	2012	NUM
cjal-9207	81	70	)	)	PUNCT
cjal-9207	81	71	,	,	PUNCT
cjal-9207	81	72	http	http	NOUN
cjal-9207	81	73	:	:	PUNCT
cjal-9207	81	74	//www.oecd.org	//www.oecd.org	SYM
cjal-9207	81	75	/	/	SYM
cjal-9207	81	76	daf	daf	PROPN
cjal-9207	81	77	/	/	SYM
cjal-9207	81	78	ca/50089215.pdf	ca/50089215.pdf	PROPN
cjal-9207	81	79	(	(	PUNCT
cjal-9207	81	80	listing	list	VERB
cjal-9207	81	81	countries	country	NOUN
cjal-9207	81	82	that	that	PRON
cjal-9207	81	83	have	have	AUX
cjal-9207	81	84	adopted	adopt	VERB
cjal-9207	81	85	provisions	provision	NOUN
cjal-9207	81	86	of	of	ADP
cjal-9207	81	87	minority	minority	NOUN
cjal-9207	81	88	negative	negative	ADJ
cjal-9207	81	89	veto	veto	NOUN
cjal-9207	81	90	rights	right	NOUN
cjal-9207	81	91	)	)	PUNCT
cjal-9207	81	92	.	.	PUNCT
cjal-9207	82	1	9	9	NUM
cjal-9207	82	2	here	here	ADV
cjal-9207	82	3	i	i	PRON
cjal-9207	82	4	mainly	mainly	ADV
cjal-9207	82	5	refer	refer	VERB
cjal-9207	82	6	to	to	ADP
cjal-9207	82	7	ex	ex	ADJ
cjal-9207	82	8	-	-	ADJ
cjal-9207	82	9	post	post	ADJ
cjal-9207	82	10	rights	right	NOUN
cjal-9207	82	11	protecting	protect	VERB
cjal-9207	82	12	devices	device	NOUN
cjal-9207	82	13	such	such	ADJ
cjal-9207	82	14	as	as	ADP
cjal-9207	82	15	group	group	NOUN
cjal-9207	82	16	litigation	litigation	NOUN
cjal-9207	82	17	,	,	PUNCT
cjal-9207	82	18	individual	individual	ADJ
cjal-9207	82	19	standing	stand	VERB
cjal-9207	82	20	rights	right	NOUN
cjal-9207	82	21	,	,	PUNCT
cjal-9207	82	22	and	and	CCONJ
cjal-9207	82	23	remedies	remedy	NOUN
cjal-9207	82	24	against	against	ADP
cjal-9207	82	25	procedural	procedural	ADJ
cjal-9207	82	26	violations	violation	NOUN
cjal-9207	82	27	which	which	PRON
cjal-9207	82	28	infringe	infringe	VERB
cjal-9207	82	29	upon	upon	SCONJ
cjal-9207	82	30	shareholders	shareholder	NOUN
cjal-9207	82	31	'	'	PART
cjal-9207	82	32	participation	participation	NOUN
cjal-9207	82	33	rights	right	NOUN
cjal-9207	82	34	;	;	PUNCT
cjal-9207	82	35	as	as	ADV
cjal-9207	82	36	well	well	ADV
cjal-9207	82	37	as	as	ADP
cjal-9207	82	38	to	to	ADP
cjal-9207	82	39	other	other	ADJ
cjal-9207	82	40	institutional	institutional	ADJ
cjal-9207	82	41	substitutes	substitute	NOUN
cjal-9207	82	42	discussed	discuss	VERB
cjal-9207	82	43	in	in	ADP
cjal-9207	82	44	this	this	DET
cjal-9207	82	45	article	article	NOUN
cjal-9207	82	46	(	(	PUNCT
cjal-9207	82	47	e.g.	e.g.	ADV
cjal-9207	82	48	,	,	PUNCT
cjal-9207	82	49	involvement	involvement	NOUN
cjal-9207	82	50	by	by	ADP
cjal-9207	82	51	socia	socia	PROPN
cjal-9207	82	52	l	l	NOUN
cjal-9207	82	53	organizations	organization	NOUN
cjal-9207	82	54	)	)	PUNCT
cjal-9207	82	55	that	that	PRON
cjal-9207	82	56	serve	serve	VERB
cjal-9207	82	57	to	to	PART
cjal-9207	82	58	implement	implement	VERB
cjal-9207	82	59	minority	minority	NOUN
cjal-9207	82	60	public	public	ADJ
cjal-9207	82	61	shareholders	shareholder	NOUN
cjal-9207	82	62	'	'	PART
cjal-9207	82	63	rights	right	NOUN
cjal-9207	82	64	and	and	CCONJ
cjal-9207	82	65	thus	thus	ADV
cjal-9207	82	66	empower	empower	VERB
cjal-9207	82	67	them	they	PRON
cjal-9207	82	68	towards	towards	ADP
cjal-9207	82	69	greater	great	ADJ
cjal-9207	82	70	involvement	involvement	NOUN
cjal-9207	82	71	.	.	PUNCT
cjal-9207	83	1	10	10	NUM
cjal-9207	83	2	see	see	VERB
cjal-9207	83	3	part	part	NOUN
cjal-9207	83	4	i.a	i.a	PROPN
cjal-9207	83	5	,	,	PUNCT
cjal-9207	83	6	infra	infra	NOUN
cjal-9207	83	7	.	.	PUNCT
cjal-9207	84	1	2016	2016	NUM
cjal-9207	84	2	]	]	PUNCT
cjal-9207	84	3	minority	minority	NOUN
cjal-9207	84	4	public	public	ADJ
cjal-9207	84	5	shareholders	shareholder	NOUN
cjal-9207	84	6	in	in	ADP
cjal-9207	84	7	china	china	PROPN
cjal-9207	84	8	5	5	NUM
cjal-9207	84	9	shareholders	shareholder	NOUN
cjal-9207	84	10	.	.	PUNCT
cjal-9207	85	1	moreover	moreover	ADV
cjal-9207	85	2	,	,	PUNCT
cjal-9207	85	3	it	it	PRON
cjal-9207	85	4	is	be	AUX
cjal-9207	85	5	commonly	commonly	ADV
cjal-9207	85	6	understood	understand	VERB
cjal-9207	85	7	that	that	SCONJ
cjal-9207	85	8	the	the	DET
cjal-9207	85	9	same	same	ADJ
cjal-9207	85	10	structures	structure	NOUN
cjal-9207	85	11	and	and	CCONJ
cjal-9207	85	12	the	the	DET
cjal-9207	85	13	legal	legal	ADJ
cjal-9207	85	14	environment	environment	NOUN
cjal-9207	85	15	within	within	ADP
cjal-9207	85	16	which	which	PRON
cjal-9207	85	17	they	they	PRON
cjal-9207	85	18	are	be	AUX
cjal-9207	85	19	situated	situate	VERB
cjal-9207	85	20	likewise	likewise	ADV
cjal-9207	85	21	hinder	hinder	VERB
cjal-9207	85	22	conventional	conventional	ADJ
cjal-9207	85	23	forms	form	NOUN
cjal-9207	85	24	of	of	ADP
cjal-9207	85	25	minority	minority	NOUN
cjal-9207	85	26	public	public	ADJ
cjal-9207	85	27	shareholder	shareholder	NOUN
cjal-9207	85	28	participation	participation	NOUN
cjal-9207	85	29	in	in	ADP
cjal-9207	85	30	corporate	corporate	ADJ
cjal-9207	85	31	governance	governance	NOUN
cjal-9207	85	32	.	.	PUNCT
cjal-9207	86	1	in	in	ADP
cjal-9207	86	2	response	response	NOUN
cjal-9207	86	3	to	to	ADP
cjal-9207	86	4	these	these	DET
cjal-9207	86	5	easy	easy	ADJ
cjal-9207	86	6	presumptions	presumption	NOUN
cjal-9207	86	7	about	about	ADP
cjal-9207	86	8	the	the	DET
cjal-9207	86	9	chinese	chinese	ADJ
cjal-9207	86	10	markets	market	NOUN
cjal-9207	86	11	and	and	CCONJ
cjal-9207	86	12	legal	legal	ADJ
cjal-9207	86	13	environment	environment	NOUN
cjal-9207	86	14	,	,	PUNCT
cjal-9207	86	15	in	in	ADP
cjal-9207	86	16	this	this	DET
cjal-9207	86	17	article	article	NOUN
cjal-9207	86	18	i	i	PRON
cjal-9207	86	19	seek	seek	VERB
cjal-9207	86	20	to	to	PART
cjal-9207	86	21	analyze	analyze	VERB
cjal-9207	86	22	alternative	alternative	ADJ
cjal-9207	86	23	channels	channel	NOUN
cjal-9207	86	24	for	for	ADP
cjal-9207	86	25	minority	minority	NOUN
cjal-9207	86	26	public	public	ADJ
cjal-9207	86	27	shareholder	shareholder	NOUN
cjal-9207	86	28	monitoring	monitoring	NOUN
cjal-9207	86	29	and	and	CCONJ
cjal-9207	86	30	corporate	corporate	ADJ
cjal-9207	86	31	governance	governance	NOUN
cjal-9207	86	32	participation	participation	NOUN
cjal-9207	86	33	-	-	PUNCT
cjal-9207	86	34	both	both	CCONJ
cjal-9207	86	35	in	in	ADP
cjal-9207	86	36	existence	existence	NOUN
cjal-9207	86	37	and	and	CCONJ
cjal-9207	86	38	potential	potential	NOUN
cjal-9207	86	39	.	.	PUNCT
cjal-9207	87	1	the	the	DET
cjal-9207	87	2	existing	exist	VERB
cjal-9207	87	3	literature	literature	NOUN
cjal-9207	87	4	on	on	ADP
cjal-9207	87	5	corporate	corporate	ADJ
cjal-9207	87	6	governance	governance	NOUN
cjal-9207	87	7	in	in	ADP
cjal-9207	87	8	china	china	PROPN
cjal-9207	87	9	tends	tend	VERB
cjal-9207	87	10	to	to	PART
cjal-9207	87	11	focus	focus	VERB
cjal-9207	87	12	on	on	ADP
cjal-9207	87	13	th	th	NOUN
cjal-9207	87	14	e	e	NOUN
cjal-9207	87	15	protections	protection	NOUN
cjal-9207	87	16	,	,	PUNCT
cjal-9207	87	17	or	or	CCONJ
cjal-9207	87	18	lack	lack	NOUN
cjal-9207	87	19	thereof	thereof	ADV
cjal-9207	87	20	,	,	PUNCT
cjal-9207	87	21	granted	grant	VERB
cjal-9207	87	22	to	to	ADP
cjal-9207	87	23	minority	minority	NOUN
cjal-9207	87	24	public	public	ADJ
cjal-9207	87	25	shareholders	shareholder	NOUN
cjal-9207	87	26	in	in	ADP
cjal-9207	87	27	prc	prc	PROPN
cjal-9207	87	28	listed	list	VERB
cjal-9207	87	29	firms	firm	NOUN
cjal-9207	87	30	.	.	PUNCT
cjal-9207	88	1	in	in	ADP
cjal-9207	88	2	contrast	contrast	NOUN
cjal-9207	88	3	,	,	PUNCT
cjal-9207	88	4	this	this	DET
cjal-9207	88	5	article	article	NOUN
cjal-9207	88	6	offers	offer	VERB
cjal-9207	88	7	an	an	DET
cjal-9207	88	8	analysis	analysis	NOUN
cjal-9207	88	9	of	of	ADP
cjal-9207	88	10	minority	minority	NOUN
cjal-9207	88	11	public	public	ADJ
cjal-9207	88	12	shareholder	shareholder	NOUN
cjal-9207	88	13	involvement	involvement	NOUN
cjal-9207	88	14	in	in	ADP
cjal-9207	88	15	the	the	DET
cjal-9207	88	16	monitoring	monitoring	NOUN
cjal-9207	88	17	and	and	CCONJ
cjal-9207	88	18	governance	governance	NOUN
cjal-9207	88	19	of	of	ADP
cjal-9207	88	20	chinese	chinese	ADJ
cjal-9207	88	21	listed	list	VERB
cjal-9207	88	22	firms	firm	NOUN
cjal-9207	88	23	.	.	PUNCT
cjal-9207	89	1	moreover	moreover	ADV
cjal-9207	89	2	,	,	PUNCT
cjal-9207	89	3	this	this	DET
cjal-9207	89	4	article	article	NOUN
cjal-9207	89	5	is	be	AUX
cjal-9207	89	6	one	one	NUM
cjal-9207	89	7	of	of	ADP
cjal-9207	89	8	the	the	DET
cjal-9207	89	9	first	first	ADJ
cjal-9207	89	10	to	to	PART
cjal-9207	89	11	analyze	analyze	VERB
cjal-9207	89	12	current	current	ADJ
cjal-9207	89	13	and	and	CCONJ
cjal-9207	89	14	prospective	prospective	ADJ
cjal-9207	89	15	changes	change	NOUN
cjal-9207	89	16	in	in	ADP
cjal-9207	89	17	the	the	DET
cjal-9207	89	18	ownership	ownership	NOUN
cjal-9207	89	19	structures	structure	NOUN
cjal-9207	89	20	of	of	ADP
cjal-9207	89	21	chine	chine	X
cjal-9207	89	22	se	se	PROPN
cjal-9207	89	23	listed	list	VERB
cjal-9207	89	24	firms	firm	NOUN
cjal-9207	89	25	,	,	PUNCT
cjal-9207	89	26	which	which	PRON
cjal-9207	89	27	can	can	AUX
cjal-9207	89	28	operate	operate	VERB
cjal-9207	89	29	to	to	PART
cjal-9207	89	30	empower	empower	VERB
cjal-9207	89	31	minority	minority	NOUN
cjal-9207	89	32	public	public	ADJ
cjal-9207	89	33	shareholders	shareholder	NOUN
cjal-9207	89	34	in	in	ADP
cjal-9207	89	35	the	the	DET
cjal-9207	89	36	future	future	NOUN
cjal-9207	89	37	.	.	PUNCT
cjal-9207	90	1	finally	finally	ADV
cjal-9207	90	2	,	,	PUNCT
cjal-9207	90	3	wh	wh	AUX
cjal-9207	90	4	ile	ile	PROPN
cjal-9207	90	5	exist	exist	VERB
cjal-9207	90	6	ing	ing	ADJ
cjal-9207	90	7	analyses	analysis	NOUN
cjal-9207	90	8	of	of	ADP
cjal-9207	90	9	the	the	DET
cjal-9207	90	10	chinese	chinese	ADJ
cjal-9207	90	11	legal	legal	ADJ
cjal-9207	90	12	system	system	NOUN
cjal-9207	90	13	commonly	commonly	ADV
cjal-9207	90	14	use	use	VERB
cjal-9207	90	15	the	the	DET
cjal-9207	90	16	anglo	anglo	ADJ
cjal-9207	90	17	-	-	PUNCT
cjal-9207	90	18	american	american	ADJ
cjal-9207	90	19	legal	legal	ADJ
cjal-9207	90	20	system	system	NOUN
cjal-9207	90	21	as	as	ADP
cjal-9207	90	22	their	their	PRON
cjal-9207	90	23	comparative	comparative	ADJ
cjal-9207	90	24	modus	modus	X
cjal-9207	90	25	operandi	operandi	NOUN
cjal-9207	90	26	,	,	PUNCT
cjal-9207	90	27	this	this	DET
cjal-9207	90	28	article	article	NOUN
cjal-9207	90	29	uses	use	VERB
cjal-9207	90	30	developments	development	NOUN
cjal-9207	90	31	in	in	ADP
cjal-9207	90	32	non	non	ADJ
cjal-9207	90	33	-	-	ADJ
cjal-9207	90	34	anglo	anglo	ADJ
cjal-9207	90	35	-	-	PUNCT
cjal-9207	90	36	american	american	ADJ
cjal-9207	90	37	,	,	PUNCT
cjal-9207	90	38	and	and	CCONJ
cjal-9207	90	39	thus	thus	ADV
cjal-9207	90	40	far	far	ADV
cjal-9207	90	41	more	more	ADV
cjal-9207	90	42	concentrated	concentrated	ADJ
cjal-9207	90	43	,	,	PUNCT
cjal-9207	90	44	capital	capital	NOUN
cjal-9207	90	45	markets	market	NOUN
cjal-9207	90	46	as	as	ADP
cjal-9207	90	47	the	the	DET
cjal-9207	90	48	basis	basis	NOUN
cjal-9207	90	49	for	for	ADP
cjal-9207	90	50	its	its	PRON
cjal-9207	90	51	approach	approach	NOUN
cjal-9207	90	52	.	.	PUNCT
cjal-9207	91	1	in	in	ADP
cjal-9207	91	2	my	my	PRON
cjal-9207	91	3	view	view	NOUN
cjal-9207	91	4	,	,	PUNCT
cjal-9207	91	5	a	a	DET
cjal-9207	91	6	comparative	comparative	ADJ
cjal-9207	91	7	analysis	analysis	NOUN
cjal-9207	91	8	of	of	ADP
cjal-9207	91	9	market	market	NOUN
cjal-9207	91	10	and	and	CCONJ
cjal-9207	91	11	legal	legal	ADJ
cjal-9207	91	12	systems	system	NOUN
cjal-9207	91	13	between	between	ADP
cjal-9207	91	14	markets	market	NOUN
cjal-9207	91	15	that	that	PRON
cjal-9207	91	16	share	share	VERB
cjal-9207	91	17	similar	similar	ADJ
cjal-9207	91	18	ownership	ownership	NOUN
cjal-9207	91	19	structures	structure	NOUN
cjal-9207	91	20	is	be	AUX
cjal-9207	91	21	the	the	DET
cjal-9207	91	22	more	more	ADV
cjal-9207	91	23	suitable	suitable	ADJ
cjal-9207	91	24	and	and	CCONJ
cjal-9207	91	25	enlightening	enlightening	ADJ
cjal-9207	91	26	comparative	comparative	ADJ
cjal-9207	91	27	approach	approach	NOUN
cjal-9207	91	28	,	,	PUNCT
cjal-9207	91	29	especially	especially	ADV
cjal-9207	91	30	when	when	SCONJ
cjal-9207	91	31	analysts	analyst	NOUN
cjal-9207	91	32	seek	seek	VERB
cjal-9207	91	33	to	to	PART
cjal-9207	91	34	identify	identify	VERB
cjal-9207	91	35	more	more	ADV
cjal-9207	91	36	applicable	applicable	ADJ
cjal-9207	91	37	legal	legal	ADJ
cjal-9207	91	38	policy	policy	NOUN
cjal-9207	91	39	and	and	CCONJ
cjal-9207	91	40	market	market	NOUN
cjal-9207	91	41	reforms	reform	NOUN
cjal-9207	91	42	which	which	PRON
cjal-9207	91	43	are	be	AUX
cjal-9207	91	44	more	more	ADV
cjal-9207	91	45	likely	likely	ADJ
cjal-9207	91	46	to	to	PART
cjal-9207	91	47	be	be	AUX
cjal-9207	91	48	realized	realize	VERB
cjal-9207	91	49	.	.	PUNCT
cjal-9207	92	1	i	i	PRON
cjal-9207	92	2	proceed	proceed	VERB
cjal-9207	92	3	as	as	SCONJ
cjal-9207	92	4	follows	follow	VERB
cjal-9207	92	5	:	:	PUNCT
cjal-9207	92	6	part	part	NOUN
cjal-9207	92	7	i	i	PRON
cjal-9207	92	8	describes	describe	VERB
cjal-9207	92	9	the	the	DET
cjal-9207	92	10	prevailing	prevail	VERB
cjal-9207	92	11	concentrated	concentrate	VERB
cjal-9207	92	12	ownership	ownership	NOUN
cjal-9207	92	13	situation	situation	NOUN
cjal-9207	92	14	for	for	ADP
cjal-9207	92	15	most	most	ADJ
cjal-9207	92	16	chinese	chinese	ADJ
cjal-9207	92	17	listed	list	VERB
cjal-9207	92	18	firms	firm	NOUN
cjal-9207	92	19	,	,	PUNCT
cjal-9207	92	20	focusing	focus	VERB
cjal-9207	92	21	on	on	ADP
cjal-9207	92	22	the	the	DET
cjal-9207	92	23	chinese	chinese	ADJ
cjal-9207	92	24	party	party	NOUN
cjal-9207	92	25	-	-	PUNCT
cjal-9207	92	26	state	state	NOUN
cjal-9207	92	27	's	's	PART
cjal-9207	92	28	control	control	NOUN
cjal-9207	92	29	of	of	ADP
cjal-9207	92	30	most	most	ADJ
cjal-9207	92	31	significant	significant	ADJ
cjal-9207	92	32	industrial	industrial	ADJ
cjal-9207	92	33	and	and	CCONJ
cjal-9207	92	34	service	service	NOUN
cjal-9207	92	35	enterprises	enterprise	NOUN
cjal-9207	92	36	.	.	PUNCT
cjal-9207	93	1	i	i	PRON
cjal-9207	93	2	examine	examine	VERB
cjal-9207	93	3	the	the	DET
cjal-9207	93	4	consequences	consequence	NOUN
cjal-9207	93	5	of	of	ADP
cjal-9207	93	6	such	such	ADJ
cjal-9207	93	7	control	control	NOUN
cjal-9207	93	8	for	for	ADP
cjal-9207	93	9	minority	minority	NOUN
cjal-9207	93	10	public	public	ADJ
cjal-9207	93	11	shareholders	shareholder	NOUN
cjal-9207	93	12	in	in	ADP
cjal-9207	93	13	prc	prc	PROPN
cjal-9207	93	14	listed	list	VERB
cjal-9207	93	15	firms	firm	NOUN
cjal-9207	93	16	,	,	PUNCT
cjal-9207	93	17	and	and	CCONJ
cjal-9207	93	18	the	the	DET
cjal-9207	93	19	implicated	implicated	ADJ
cjal-9207	93	20	legal	legal	ADJ
cjal-9207	93	21	and	and	CCONJ
cjal-9207	93	22	regulatory	regulatory	ADJ
cjal-9207	93	23	responses	response	NOUN
cjal-9207	93	24	.	.	PUNCT
cjal-9207	94	1	part	part	NOUN
cjal-9207	94	2	ii	ii	PROPN
cjal-9207	94	3	analyzes	analyze	VERB
cjal-9207	94	4	mechanisms	mechanism	NOUN
cjal-9207	94	5	that	that	PRON
cjal-9207	94	6	can	can	AUX
cjal-9207	94	7	contribute	contribute	VERB
cjal-9207	94	8	to	to	ADP
cjal-9207	94	9	greater	great	ADJ
cjal-9207	94	10	minority	minority	NOUN
cjal-9207	94	11	public	public	ADJ
cjal-9207	94	12	shareholder	shareholder	NOUN
cjal-9207	94	13	invo	invo	ADJ
cjal-9207	94	14	lvement	lvement	NOUN
cjal-9207	94	15	in	in	ADP
cjal-9207	94	16	firm	firm	ADJ
cjal-9207	94	17	monitoring	monitoring	NOUN
cjal-9207	94	18	and	and	CCONJ
cjal-9207	94	19	participation	participation	NOUN
cjal-9207	94	20	in	in	ADP
cjal-9207	94	21	the	the	DET
cjal-9207	94	22	corporate	corporate	ADJ
cjal-9207	94	23	governance	governance	NOUN
cjal-9207	94	24	of	of	ADP
cjal-9207	94	25	china	china	PROPN
cjal-9207	94	26	's	's	PART
cjal-9207	94	27	listed	list	VERB
cjal-9207	94	28	firms	firm	NOUN
cjal-9207	94	29	.	.	PUNCT
cjal-9207	95	1	first	first	ADV
cjal-9207	95	2	,	,	PUNCT
cjal-9207	95	3	i	i	PRON
cjal-9207	95	4	look	look	VERB
cjal-9207	95	5	at	at	ADP
cjal-9207	95	6	mechanisms	mechanism	NOUN
cjal-9207	95	7	that	that	PRON
cjal-9207	95	8	have	have	AUX
cjal-9207	95	9	emerged	emerge	VERB
cjal-9207	95	10	in	in	ADP
cjal-9207	95	11	other	other	ADJ
cjal-9207	95	12	concentrated	concentrated	ADJ
cjal-9207	95	13	markets	market	NOUN
cjal-9207	95	14	,	,	PUNCT
cjal-9207	95	15	and	and	CCONJ
cjal-9207	95	16	analyze	analyze	VERB
cjal-9207	95	17	if	if	SCONJ
cjal-9207	95	18	they	they	PRON
cjal-9207	95	19	can	can	AUX
cjal-9207	95	20	fit	fit	VERB
cjal-9207	95	21	in	in	ADP
cjal-9207	95	22	the	the	DET
cjal-9207	95	23	chinese	chinese	ADJ
cjal-9207	95	24	circumstances	circumstance	NOUN
cjal-9207	95	25	.	.	PUNCT
cjal-9207	96	1	then	then	ADV
cjal-9207	96	2	,	,	PUNCT
cjal-9207	96	3	i	i	PRON
cjal-9207	96	4	explore	explore	VERB
cjal-9207	96	5	china	china	PROPN
cjal-9207	96	6	-	-	PUNCT
cjal-9207	96	7	specific	specific	ADJ
cjal-9207	96	8	prospects	prospect	NOUN
cjal-9207	96	9	for	for	ADP
cjal-9207	96	10	a	a	DET
cjal-9207	96	11	shift	shift	NOUN
cjal-9207	96	12	in	in	ADP
cjal-9207	96	13	the	the	DET
cjal-9207	96	14	power	power	NOUN
cjal-9207	96	15	and	and	CCONJ
cjal-9207	96	16	involvement	involvement	NOUN
cjal-9207	96	17	of	of	ADP
cjal-9207	96	18	minority	minority	NOUN
cjal-9207	96	19	public	public	ADJ
cjal-9207	96	20	shareholders	shareholder	NOUN
cjal-9207	96	21	in	in	ADP
cjal-9207	96	22	prc	prc	PROPN
cjal-9207	96	23	listed	list	VERB
cjal-9207	96	24	firms	firm	NOUN
cjal-9207	96	25	.	.	PUNCT
cjal-9207	97	1	here	here	ADV
cjal-9207	97	2	,	,	PUNCT
cjal-9207	97	3	i	i	PRON
cjal-9207	97	4	point	point	VERB
cjal-9207	97	5	to	to	ADP
cjal-9207	97	6	certain	certain	ADJ
cjal-9207	97	7	concrete	concrete	ADJ
cjal-9207	97	8	developments	development	NOUN
cjal-9207	97	9	in	in	ADP
cjal-9207	97	10	the	the	DET
cjal-9207	97	11	prc	prc	PROPN
cjal-9207	97	12	capital	capital	NOUN
cjal-9207	97	13	markets	market	NOUN
cjal-9207	97	14	and	and	CCONJ
cjal-9207	97	15	the	the	DET
cjal-9207	97	16	nature	nature	NOUN
cjal-9207	97	17	of	of	ADP
cjal-9207	97	18	party	party	NOUN
cjal-9207	97	19	-	-	PUNCT
cjal-9207	97	20	state	state	NOUN
cjal-9207	97	21	control	control	NOUN
cjal-9207	97	22	,	,	PUNCT
cjal-9207	97	23	which	which	PRON
cjal-9207	97	24	i	i	PRON
cjal-9207	97	25	expect	expect	VERB
cjal-9207	97	26	to	to	PART
cjal-9207	97	27	broaden	broaden	VERB
cjal-9207	97	28	and	and	CCONJ
cjal-9207	97	29	which	which	PRON
cjal-9207	97	30	may	may	AUX
cjal-9207	97	31	eventually	eventually	ADV
cjal-9207	97	32	lead	lead	VERB
cjal-9207	97	33	to	to	ADP
cjal-9207	97	34	greater	great	ADJ
cjal-9207	97	35	involvement	involvement	NOUN
cjal-9207	97	36	of	of	ADP
cjal-9207	97	37	minority	minority	NOUN
cjal-9207	97	38	public	public	ADJ
cjal-9207	97	39	shareholders	shareholder	NOUN
cjal-9207	97	40	even	even	ADV
cjal-9207	97	41	as	as	SCONJ
cjal-9207	97	42	china	china	PROPN
cjal-9207	97	43	preserves	preserve	VERB
cjal-9207	97	44	its	its	PRON
cjal-9207	97	45	own	own	ADJ
cjal-9207	97	46	model	model	NOUN
cjal-9207	97	47	of	of	ADP
cjal-9207	97	48	"	"	PUNCT
cjal-9207	97	49	state	state	NOUN
cjal-9207	97	50	capitalism	capitalism	NOUN
cjal-9207	97	51	"	"	PUNCT
cjal-9207	97	52	.	.	PUNCT
cjal-9207	98	1	i	i	PRON
cjal-9207	98	2	identify	identify	VERB
cjal-9207	98	3	two	two	NUM
cjal-9207	98	4	possible	possible	ADJ
cjal-9207	98	5	routes	route	NOUN
cjal-9207	98	6	:	:	PUNCT
cjal-9207	98	7	a	a	DET
cjal-9207	98	8	direct	direct	ADJ
cjal-9207	98	9	push	push	NOUN
cjal-9207	98	10	by	by	ADP
cjal-9207	98	11	a	a	DET
cjal-9207	98	12	ccp	ccp	PROPN
cjal-9207	98	13	-	-	PUNCT
cjal-9207	98	14	led	lead	VERB
cjal-9207	98	15	party	party	NOUN
cjal-9207	98	16	-	-	PUNCT
cjal-9207	98	17	state	state	NOUN
cjal-9207	98	18	,	,	PUNCT
cjal-9207	98	19	motivated	motivate	VERB
cjal-9207	98	20	by	by	ADP
cjal-9207	98	21	china	china	PROPN
cjal-9207	98	22	's	's	PART
cjal-9207	98	23	unique	unique	ADJ
cjal-9207	98	24	political	political	ADJ
cjal-9207	98	25	economy	economy	NOUN
cjal-9207	98	26	considerations	consideration	NOUN
cjal-9207	98	27	;	;	PUNCT
cjal-9207	98	28	and	and	CCONJ
cjal-9207	98	29	,	,	PUNCT
cjal-9207	98	30	changes	change	NOUN
cjal-9207	98	31	in	in	ADP
cjal-9207	98	32	the	the	DET
cjal-9207	98	33	structure	structure	NOUN
cjal-9207	98	34	of	of	ADP
cjal-9207	98	35	party	party	NOUN
cjal-9207	98	36	-	-	PUNCT
cjal-9207	98	37	state	state	NOUN
cjal-9207	98	38	control	control	NOUN
cjal-9207	98	39	,	,	PUNCT
cjal-9207	98	40	entailing	entail	VERB
cjal-9207	98	41	the	the	DET
cjal-9207	98	42	development	development	NOUN
cjal-9207	98	43	of	of	ADP
cjal-9207	98	44	a	a	DET
cjal-9207	98	45	narrow	narrow	ADJ
cjal-9207	98	46	market	market	NOUN
cjal-9207	98	47	for	for	ADP
cjal-9207	98	48	corporate	corporate	ADJ
cjal-9207	98	49	control	control	NOUN
cjal-9207	98	50	.	.	PUNCT
cjal-9207	99	1	the	the	DET
cjal-9207	99	2	possibilities	possibility	NOUN
cjal-9207	99	3	raised	raise	VERB
cjal-9207	99	4	in	in	ADP
cjal-9207	99	5	this	this	DET
cjal-9207	99	6	article	article	NOUN
cjal-9207	99	7	for	for	ADP
cjal-9207	99	8	the	the	DET
cjal-9207	99	9	future	future	ADJ
cjal-9207	99	10	empowerment	empowerment	NOUN
cjal-9207	99	11	of	of	ADP
cjal-9207	99	12	minority	minority	NOUN
cjal-9207	99	13	public	public	ADJ
cjal-9207	99	14	shareholders	shareholder	NOUN
cjal-9207	99	15	in	in	ADP
cjal-9207	99	16	china	china	PROPN
cjal-9207	99	17	have	have	VERB
cjal-9207	99	18	global	global	ADJ
cjal-9207	99	19	implications	implication	NOUN
cjal-9207	99	20	especially	especially	ADV
cjal-9207	99	21	6	6	NUM
cjal-9207	99	22	columbia	columbia	PROPN
cjal-9207	99	23	jo	jo	PROPN
cjal-9207	99	24	urnal	urnal	PROPN
cjal-9207	99	25	of	of	ADP
cjal-9207	99	26	asian	asian	ADJ
cjal-9207	99	27	law	law	NOUN
cjal-9207	100	1	[	[	X
cjal-9207	100	2	vol	vol	NOUN
cjal-9207	100	3	.	.	PUNCT
cjal-9207	101	1	30:1	30:1	NUM
cjal-9207	101	2	as	as	ADP
cjal-9207	101	3	china	china	PROPN
cjal-9207	101	4	's	's	PART
cjal-9207	101	5	capital	capital	NOUN
cjal-9207	101	6	markets	market	NOUN
cjal-9207	101	7	,	,	PUNCT
cjal-9207	101	8	as	as	ADV
cjal-9207	101	9	well	well	ADV
cjal-9207	101	10	as	as	ADP
cjal-9207	101	11	chinese	chinese	ADJ
cjal-9207	101	12	listed	list	VERB
cjal-9207	101	13	firms	firm	NOUN
cjal-9207	101	14	raising	raise	VERB
cjal-9207	101	15	money	money	NOUN
cjal-9207	101	16	on	on	ADP
cjal-9207	101	17	global	global	ADJ
cjal-9207	101	18	capital	capital	NOUN
cjal-9207	101	19	markets	market	NOUN
cjal-9207	101	20	,	,	PUNCT
cjal-9207	101	21	become	become	VERB
cjal-9207	101	22	increasingly	increasingly	ADV
cjal-9207	101	23	central	central	ADJ
cjal-9207	101	24	to	to	ADP
cjal-9207	101	25	investors	investor	NOUN
cjal-9207	101	26	worldwide	worldwide	ADV
cjal-9207	101	27	.	.	PUNCT
cjal-9207	102	1	furthermore	furthermore	ADV
cjal-9207	102	2	,	,	PUNCT
cjal-9207	102	3	the	the	DET
cjal-9207	102	4	analysis	analysis	NOUN
cjal-9207	102	5	here	here	ADV
cjal-9207	102	6	provides	provide	VERB
cjal-9207	102	7	an	an	DET
cjal-9207	102	8	example	example	NOUN
cjal-9207	102	9	of	of	ADP
cjal-9207	102	10	minority	minority	NOUN
cjal-9207	102	11	public	public	ADJ
cjal-9207	102	12	shareholders	shareholder	NOUN
cjal-9207	102	13	'	'	PART
cjal-9207	102	14	empowerment	empowerment	NOUN
cjal-9207	102	15	under	under	ADP
cjal-9207	102	16	extreme	extreme	ADJ
cjal-9207	102	17	circumstances	circumstance	NOUN
cjal-9207	102	18	of	of	ADP
cjal-9207	102	19	ownership	ownership	NOUN
cjal-9207	102	20	concentration	concentration	NOUN
cjal-9207	102	21	and	and	CCONJ
cjal-9207	102	22	market	market	NOUN
cjal-9207	102	23	control	control	NOUN
cjal-9207	102	24	,	,	PUNCT
cjal-9207	102	25	which	which	PRON
cjal-9207	102	26	also	also	ADV
cjal-9207	102	27	have	have	VERB
cjal-9207	102	28	several	several	ADJ
cjal-9207	102	29	important	important	ADJ
cjal-9207	102	30	comparative	comparative	ADJ
cjal-9207	102	31	(	(	PUNCT
cjal-9207	102	32	practical	practical	ADJ
cjal-9207	102	33	and	and	CCONJ
cjal-9207	102	34	theoretical	theoretical	ADJ
cjal-9207	102	35	)	)	PUNCT
cjal-9207	102	36	implications	implication	NOUN
cjal-9207	102	37	.	.	PUNCT
cjal-9207	103	1	first	first	ADV
cjal-9207	103	2	,	,	PUNCT
cjal-9207	103	3	the	the	DET
cjal-9207	103	4	analysis	analysis	NOUN
cjal-9207	103	5	reflects	reflect	VERB
cjal-9207	103	6	the	the	DET
cjal-9207	103	7	need	need	NOUN
cjal-9207	103	8	for	for	ADP
cjal-9207	103	9	concentrated	concentrated	ADJ
cjal-9207	103	10	markets	market	NOUN
cjal-9207	103	11	,	,	PUNCT
cjal-9207	103	12	especially	especially	ADV
cjal-9207	103	13	those	those	PRON
cjal-9207	103	14	in	in	ADP
cjal-9207	103	15	transitional	transitional	ADJ
cjal-9207	103	16	or	or	CCONJ
cjal-9207	103	17	developmental	developmental	ADJ
cjal-9207	103	18	states	state	NOUN
cjal-9207	103	19	,	,	PUNCT
cjal-9207	103	20	to	to	PART
cjal-9207	103	21	consider	consider	VERB
cjal-9207	103	22	more	more	ADV
cjal-9207	103	23	mandatory	mandatory	ADJ
cjal-9207	103	24	and	and	CCONJ
cjal-9207	103	25	interventionist	interventionist	ADJ
cjal-9207	103	26	approaches	approach	NOUN
cjal-9207	103	27	towards	towards	ADP
cjal-9207	103	28	the	the	DET
cjal-9207	103	29	involvement	involvement	NOUN
cjal-9207	103	30	of	of	ADP
cjal-9207	103	31	minority	minority	NOUN
cjal-9207	103	32	public	public	ADJ
cjal-9207	103	33	shareholders	shareholder	NOUN
cjal-9207	103	34	in	in	ADP
cjal-9207	103	35	firm	firm	ADJ
cjal-9207	103	36	monitoring	monitoring	NOUN
cjal-9207	103	37	and	and	CCONJ
cjal-9207	103	38	governance	governance	NOUN
cjal-9207	103	39	.	.	PUNCT
cjal-9207	104	1	second	second	ADJ
cjal-9207	104	2	,	,	PUNCT
cjal-9207	104	3	it	it	PRON
cjal-9207	104	4	reflects	reflect	VERB
cjal-9207	104	5	that	that	SCONJ
cjal-9207	104	6	policy	policy	NOUN
cjal-9207	104	7	makers	maker	NOUN
cjal-9207	104	8	in	in	ADP
cjal-9207	104	9	concentrated	concentrated	ADJ
cjal-9207	104	10	markets	market	NOUN
cjal-9207	104	11	may	may	AUX
cjal-9207	104	12	empower	empower	VERB
cjal-9207	104	13	minority	minority	NOUN
cjal-9207	104	14	public	public	ADJ
cjal-9207	104	15	shareholders	shareholder	NOUN
cjal-9207	104	16	for	for	ADP
cjal-9207	104	17	reasons	reason	NOUN
cjal-9207	104	18	outside	outside	ADP
cjal-9207	104	19	those	those	PRON
cjal-9207	104	20	commonly	commonly	ADV
cjal-9207	104	21	offered	offer	VERB
cjal-9207	104	22	by	by	ADP
cjal-9207	104	23	the	the	DET
cjal-9207	104	24	shareholder	shareholder	NOUN
cjal-9207	104	25	democracy	democracy	NOUN
cjal-9207	104	26	and	and	CCONJ
cjal-9207	104	27	market	market	NOUN
cjal-9207	104	28	for	for	ADP
cjal-9207	104	29	corporate	corporate	ADJ
cjal-9207	104	30	control	control	NOUN
cjal-9207	104	31	discourses	discourse	NOUN
cjal-9207	104	32	.	.	PUNCT
cjal-9207	105	1	for	for	ADP
cjal-9207	105	2	instance	instance	NOUN
cjal-9207	105	3	,	,	PUNCT
cjal-9207	105	4	increasing	increase	VERB
cjal-9207	105	5	international	international	ADJ
cjal-9207	105	6	competitiveness	competitiveness	NOUN
cjal-9207	105	7	and	and	CCONJ
cjal-9207	105	8	the	the	DET
cjal-9207	105	9	need	need	NOUN
cjal-9207	105	10	for	for	ADP
cjal-9207	105	11	an	an	DET
cjal-9207	105	12	appearance	appearance	NOUN
cjal-9207	105	13	of	of	ADP
cjal-9207	105	14	modern	modern	ADJ
cjal-9207	105	15	capital	capital	NOUN
cjal-9207	105	16	markets	market	NOUN
cjal-9207	105	17	,	,	PUNCT
cjal-9207	105	18	as	as	ADV
cjal-9207	105	19	well	well	ADV
cjal-9207	105	20	as	as	ADP
cjal-9207	105	21	the	the	DET
cjal-9207	105	22	necessity	necessity	NOUN
cjal-9207	105	23	to	to	PART
cjal-9207	105	24	maintain	maintain	VERB
cjal-9207	105	25	internal	internal	ADJ
cjal-9207	105	26	political	political	ADJ
cjal-9207	105	27	legitimacy	legitimacy	NOUN
cjal-9207	105	28	,	,	PUNCT
cjal-9207	105	29	all	all	PRON
cjal-9207	105	30	serve	serve	VERB
cjal-9207	105	31	in	in	ADP
cjal-9207	105	32	the	the	DET
cjal-9207	105	33	process	process	NOUN
cjal-9207	105	34	of	of	ADP
cjal-9207	105	35	empowering	empower	VERB
cjal-9207	105	36	minority	minority	NOUN
cjal-9207	105	37	public	public	ADJ
cjal-9207	105	38	shareholders	shareholder	NOUN
cjal-9207	105	39	in	in	ADP
cjal-9207	105	40	china	china	PROPN
cjal-9207	105	41	.	.	PUNCT
cjal-9207	106	1	third	third	ADJ
cjal-9207	106	2	,	,	PUNCT
cjal-9207	106	3	and	and	CCONJ
cjal-9207	106	4	most	most	ADV
cjal-9207	106	5	importantly	importantly	ADV
cjal-9207	106	6	,	,	PUNCT
cjal-9207	106	7	while	while	SCONJ
cjal-9207	106	8	it	it	PRON
cjal-9207	106	9	is	be	AUX
cjal-9207	106	10	normally	normally	ADV
cjal-9207	106	11	understood	understand	VERB
cjal-9207	106	12	that	that	SCONJ
cjal-9207	106	13	control	control	NOUN
cjal-9207	106	14	parties	party	NOUN
cjal-9207	106	15	operate	operate	VERB
cjal-9207	106	16	primarily	primarily	ADV
cjal-9207	106	17	to	to	PART
cjal-9207	106	18	entrench	entrench	VERB
cjal-9207	106	19	their	their	PRON
cjal-9207	106	20	controlling	control	VERB
cjal-9207	106	21	position	position	NOUN
cjal-9207	106	22	and	and	CCONJ
cjal-9207	106	23	thus	thus	ADV
cjal-9207	106	24	hinder	hinder	VERB
cjal-9207	106	25	corporate	corporate	ADJ
cjal-9207	106	26	minority	minority	NOUN
cjal-9207	106	27	-	-	PUNCT
cjal-9207	106	28	friendly	friendly	ADJ
cjal-9207	106	29	legal	legal	ADJ
cjal-9207	106	30	reform	reform	NOUN
cjal-9207	106	31	,	,	PUNCT
cjal-9207	106	32	the	the	DET
cjal-9207	106	33	chinese	chinese	ADJ
cjal-9207	106	34	example	example	NOUN
cjal-9207	106	35	suggests	suggest	VERB
cjal-9207	106	36	that	that	SCONJ
cjal-9207	106	37	even	even	ADV
cjal-9207	106	38	corporate	corporate	ADJ
cjal-9207	106	39	control	control	NOUN
cjal-9207	106	40	parties	party	NOUN
cjal-9207	106	41	themselves	themselves	PRON
cjal-9207	106	42	(	(	PUNCT
cjal-9207	106	43	here	here	ADV
cjal-9207	106	44	,	,	PUNCT
cjal-9207	106	45	party	party	NOUN
cjal-9207	106	46	-	-	PUNCT
cjal-9207	106	47	state	state	NOUN
cjal-9207	106	48	controlling	control	VERB
cjal-9207	106	49	shareholders	shareholder	NOUN
cjal-9207	106	50	)	)	PUNCT
cjal-9207	106	51	may	may	AUX
cjal-9207	106	52	sometimes	sometimes	ADV
cjal-9207	106	53	operate	operate	VERB
cjal-9207	106	54	to	to	PART
cjal-9207	106	55	diminish	diminish	VERB
cjal-9207	106	56	their	their	PRON
cjal-9207	106	57	own	own	ADJ
cjal-9207	106	58	powers	power	NOUN
cjal-9207	106	59	in	in	ADP
cjal-9207	106	60	the	the	DET
cjal-9207	106	61	service	service	NOUN
cjal-9207	106	62	of	of	ADP
cjal-9207	106	63	other	other	ADJ
cjal-9207	106	64	goals	goal	NOUN
cjal-9207	106	65	(	(	PUNCT
cjal-9207	106	66	for	for	ADP
cjal-9207	106	67	example	example	NOUN
cjal-9207	106	68	here	here	ADV
cjal-9207	106	69	,	,	PUNCT
cjal-9207	106	70	capital	capital	NOUN
cjal-9207	106	71	market	market	NOUN
cjal-9207	106	72	growth	growth	NOUN
cjal-9207	106	73	,	,	PUNCT
cjal-9207	106	74	firm	firm	ADJ
cjal-9207	106	75	level	level	NOUN
cjal-9207	106	76	international	international	ADJ
cjal-9207	106	77	competitiveness	competitiveness	NOUN
cjal-9207	106	78	,	,	PUNCT
cjal-9207	106	79	and	and	CCONJ
cjal-9207	106	80	unique	unique	ADJ
cjal-9207	106	81	political	political	ADJ
cjal-9207	106	82	economy	economy	NOUN
cjal-9207	106	83	power	power	NOUN
cjal-9207	106	84	struggles	struggle	NOUN
cjal-9207	106	85	)	)	PUNCT
cjal-9207	106	86	.	.	PUNCT
cjal-9207	107	1	in	in	ADP
cjal-9207	107	2	so	so	ADV
cjal-9207	107	3	doing	do	VERB
cjal-9207	107	4	,	,	PUNCT
cjal-9207	107	5	this	this	DET
cjal-9207	107	6	article	article	NOUN
cjal-9207	107	7	not	not	PART
cjal-9207	107	8	only	only	ADV
cjal-9207	107	9	contributes	contribute	VERB
cjal-9207	107	10	to	to	ADP
cjal-9207	107	11	the	the	DET
cjal-9207	107	12	existing	exist	VERB
cjal-9207	107	13	literature	literature	NOUN
cjal-9207	107	14	on	on	ADP
cjal-9207	107	15	the	the	DET
cjal-9207	107	16	development	development	NOUN
cjal-9207	107	17	of	of	ADP
cjal-9207	107	18	china	china	PROPN
cjal-9207	107	19	's	's	PART
cjal-9207	107	20	corporate	corporate	ADJ
cjal-9207	107	21	governance	governance	NOUN
cjal-9207	107	22	and	and	CCONJ
cjal-9207	107	23	capital	capital	NOUN
cjal-9207	107	24	markets	market	NOUN
cjal-9207	107	25	-	-	PUNCT
cjal-9207	107	26	it	it	PRON
cjal-9207	107	27	also	also	ADV
cjal-9207	107	28	offers	offer	VERB
cjal-9207	107	29	new	new	ADJ
cjal-9207	107	30	contributions	contribution	NOUN
cjal-9207	107	31	to	to	ADP
cjal-9207	107	32	the	the	DET
cjal-9207	107	33	general	general	ADJ
cjal-9207	107	34	corporate	corporate	ADJ
cjal-9207	107	35	governance	governance	NOUN
cjal-9207	107	36	discourse	discourse	NOUN
cjal-9207	107	37	and	and	CCONJ
cjal-9207	107	38	specifically	specifically	ADV
cjal-9207	107	39	to	to	PART
cjal-9207	107	40	comparative	comparative	VERB
cjal-9207	107	41	inquiries	inquiry	NOUN
cjal-9207	107	42	about	about	ADP
cjal-9207	107	43	the	the	DET
cjal-9207	107	44	shifting	shift	VERB
cjal-9207	107	45	role	role	NOUN
cjal-9207	107	46	of	of	ADP
cjal-9207	107	47	minority	minority	NOUN
cjal-9207	107	48	public	public	ADJ
cjal-9207	107	49	shareholders	shareholder	NOUN
cjal-9207	107	50	world	world	NOUN
cjal-9207	107	51	-	-	PUNCT
cjal-9207	107	52	wide	wide	ADV
cjal-9207	107	53	.	.	PUNCT
cjal-9207	108	1	i.	i.	PROPN
cjal-9207	108	2	minority	minority	PROPN
cjal-9207	108	3	public	public	ADJ
cjal-9207	108	4	shareholders	shareholder	NOUN
cjal-9207	108	5	and	and	CCONJ
cjal-9207	108	6	ciilna	ciilna	NOUN
cjal-9207	108	7	's	's	PART
cjal-9207	108	8	concentrated	concentrated	ADJ
cjal-9207	108	9	market	market	NOUN
cjal-9207	108	10	the	the	DET
cjal-9207	108	11	position	position	NOUN
cjal-9207	108	12	of	of	ADP
cjal-9207	108	13	minority	minority	NOUN
cjal-9207	108	14	public	public	ADJ
cjal-9207	108	15	shareholders	shareholder	NOUN
cjal-9207	108	16	in	in	ADP
cjal-9207	108	17	prc	prc	PROPN
cjal-9207	108	18	listed	list	VERB
cjal-9207	108	19	firms	firm	NOUN
cjal-9207	108	20	operating	operate	VERB
cjal-9207	108	21	under	under	ADP
cjal-9207	108	22	china	china	PROPN
cjal-9207	108	23	's	's	PART
cjal-9207	108	24	"	"	PUNCT
cjal-9207	108	25	state	state	NOUN
cjal-9207	108	26	capitalism	capitalism	NOUN
cjal-9207	108	27	"	"	PUNCT
cjal-9207	108	28	is	be	AUX
cjal-9207	108	29	likely	likely	ADV
cjal-9207	108	30	more	more	ADV
cjal-9207	108	31	problematic	problematic	ADJ
cjal-9207	108	32	than	than	ADP
cjal-9207	108	33	similarly	similarly	ADV
cjal-9207	108	34	-	-	PUNCT
cjal-9207	108	35	placed	place	VERB
cjal-9207	108	36	shareholders	shareholder	NOUN
cjal-9207	108	37	in	in	ADP
cjal-9207	108	38	a	a	DET
cjal-9207	108	39	paradigmatic	paradigmatic	ADJ
cjal-9207	108	40	concentrated	concentrated	ADJ
cjal-9207	108	41	capital	capital	NOUN
cjal-9207	108	42	market	market	NOUN
cjal-9207	108	43	.	.	PUNCT
cjal-9207	109	1	china	china	PROPN
cjal-9207	109	2	's	's	PART
cjal-9207	109	3	corporate	corporate	ADJ
cjal-9207	109	4	landscape	landscape	NOUN
cjal-9207	109	5	does	do	AUX
cjal-9207	109	6	not	not	PART
cjal-9207	109	7	only	only	ADV
cjal-9207	109	8	feature	feature	VERB
cjal-9207	109	9	prevalent	prevalent	ADJ
cjal-9207	109	10	concentrated	concentrated	ADJ
cjal-9207	109	11	ownership	ownership	NOUN
cjal-9207	109	12	,	,	PUNCT
cjal-9207	109	13	but	but	CCONJ
cjal-9207	109	14	in	in	ADP
cjal-9207	109	15	addition	addition	NOUN
cjal-9207	109	16	such	such	ADJ
cjal-9207	109	17	concentrated	concentrated	ADJ
cjal-9207	109	18	ownership	ownership	NOUN
cjal-9207	109	19	is	be	AUX
cjal-9207	109	20	in	in	ADP
cjal-9207	109	21	the	the	DET
cjal-9207	109	22	hands	hand	NOUN
cjal-9207	109	23	of	of	ADP
cjal-9207	109	24	instruments	instrument	NOUN
cjal-9207	109	25	of	of	ADP
cjal-9207	109	26	the	the	DET
cjal-9207	109	27	prc	prc	PROPN
cjal-9207	109	28	party	party	NOUN
cjal-9207	109	29	-	-	PUNCT
cjal-9207	109	30	state	state	NOUN
cjal-9207	109	31	.	.	PUNCT
cjal-9207	110	1	in	in	ADP
cjal-9207	110	2	this	this	DET
cjal-9207	110	3	part	part	NOUN
cjal-9207	110	4	,	,	PUNCT
cjal-9207	110	5	i	i	PRON
cjal-9207	110	6	first	first	ADV
cjal-9207	110	7	outline	outline	VERB
cjal-9207	110	8	the	the	DET
cjal-9207	110	9	dominant	dominant	ADJ
cjal-9207	110	10	ownership	ownership	NOUN
cjal-9207	110	11	structure	structure	NOUN
cjal-9207	110	12	evidenced	evidence	VERB
cjal-9207	110	13	in	in	ADP
cjal-9207	110	14	the	the	DET
cjal-9207	110	15	chinese	chinese	ADJ
cjal-9207	110	16	capital	capital	NOUN
cjal-9207	110	17	markets	market	NOUN
cjal-9207	110	18	and	and	CCONJ
cjal-9207	110	19	the	the	DET
cjal-9207	110	20	implications	implication	NOUN
cjal-9207	110	21	for	for	ADP
cjal-9207	110	22	shareholder	shareholder	NOUN
cjal-9207	110	23	rights	right	NOUN
cjal-9207	110	24	and	and	CCONJ
cjal-9207	110	25	empowerment	empowerment	NOUN
cjal-9207	110	26	arising	arise	VERB
cjal-9207	110	27	from	from	ADP
cjal-9207	110	28	those	those	DET
cjal-9207	110	29	structures	structure	NOUN
cjal-9207	110	30	.	.	PUNCT
cjal-9207	111	1	then	then	ADV
cjal-9207	111	2	,	,	PUNCT
cjal-9207	111	3	i	i	PRON
cjal-9207	111	4	examine	examine	VERB
cjal-9207	111	5	the	the	DET
cjal-9207	111	6	existing	exist	VERB
cjal-9207	111	7	allowances	allowance	NOUN
cjal-9207	111	8	for	for	ADP
cjal-9207	111	9	minority	minority	NOUN
cjal-9207	111	10	public	public	ADJ
cjal-9207	111	11	shareholders	shareholder	NOUN
cjal-9207	111	12	'	'	PART
cjal-9207	111	13	monitoring	monitoring	NOUN
cjal-9207	111	14	and	and	CCONJ
cjal-9207	111	15	governance	governance	NOUN
cjal-9207	111	16	participation	participation	NOUN
cjal-9207	111	17	with	with	ADP
cjal-9207	111	18	respect	respect	NOUN
cjal-9207	111	19	to	to	ADP
cjal-9207	111	20	such	such	ADJ
cjal-9207	111	21	chinese	chinese	ADJ
cjal-9207	111	22	companies	company	NOUN
cjal-9207	111	23	.	.	PUNCT
cjal-9207	112	1	2016	2016	NUM
cjal-9207	112	2	)	)	PUNCT
cjal-9207	112	3	minority	minority	NOUN
cjal-9207	112	4	pubuc	pubuc	NOUN
cjal-9207	112	5	shareholders	shareholder	NOUN
cjal-9207	112	6	in	in	ADP
cjal-9207	112	7	china	china	PROPN
cjal-9207	112	8	7	7	NUM
cjal-9207	112	9	a.	a.	NOUN
cjal-9207	112	10	a	a	DET
cjal-9207	112	11	concentrated	concentrate	VERB
cjal-9207	112	12	capital	capital	NOUN
cjal-9207	112	13	market	market	NOUN
cjal-9207	112	14	with	with	ADP
cjal-9207	112	15	"	"	PUNCT
cjal-9207	112	16	chinese	chinese	ADJ
cjal-9207	112	17	characteristics"corporatization	characteristics"corporatization	NOUN
cjal-9207	112	18	without	without	ADP
cjal-9207	112	19	privatization	privatization	NOUN
cjal-9207	112	20	and	and	CCONJ
cjal-9207	112	21	"	"	PUNCT
cjal-9207	112	22	state	state	NOUN
cjal-9207	112	23	capitalism	capitalism	NOUN
cjal-9207	112	24	"	"	PUNCT
cjal-9207	112	25	the	the	DET
cjal-9207	112	26	great	great	ADJ
cjal-9207	112	27	majority	majority	NOUN
cjal-9207	112	28	of	of	ADP
cjal-9207	112	29	listed	list	VERB
cjal-9207	112	30	chinese	chinese	ADJ
cjal-9207	112	31	companies	company	NOUN
cjal-9207	112	32	have	have	AUX
cjal-9207	112	33	highlyconcentrated	highlyconcentrate	VERB
cjal-9207	112	34	ownership	ownership	NOUN
cjal-9207	112	35	.	.	PUNCT
cjal-9207	113	1	11	11	NUM
cjal-9207	114	1	but	but	CCONJ
cjal-9207	114	2	simply	simply	ADV
cjal-9207	114	3	describing	describe	VERB
cjal-9207	114	4	the	the	DET
cjal-9207	114	5	chinese	chinese	ADJ
cjal-9207	114	6	market	market	NOUN
cjal-9207	114	7	as	as	ADP
cjal-9207	114	8	one	one	NUM
cjal-9207	114	9	with	with	ADP
cjal-9207	114	10	"	"	PUNCT
cjal-9207	114	11	concentrated	concentrated	ADJ
cjal-9207	114	12	ownership	ownership	NOUN
cjal-9207	114	13	"	"	PUNCT
cjal-9207	114	14	does	do	AUX
cjal-9207	114	15	not	not	PART
cjal-9207	114	16	tell	tell	VERB
cjal-9207	114	17	the	the	DET
cjal-9207	114	18	whole	whole	ADJ
cjal-9207	114	19	story	story	NOUN
cjal-9207	114	20	.	.	PUNCT
cjal-9207	115	1	most	most	ADJ
cjal-9207	115	2	of	of	ADP
cjal-9207	115	3	china	china	PROPN
cjal-9207	115	4	's	's	PART
cjal-9207	115	5	public	public	ADJ
cjal-9207	115	6	companies	company	NOUN
cjal-9207	115	7	are	be	AUX
cjal-9207	115	8	controlled	control	VERB
cjal-9207	115	9	and	and	CCONJ
cjal-9207	115	10	operated	operate	VERB
cjal-9207	115	11	by	by	ADP
cjal-9207	115	12	various	various	ADJ
cjal-9207	115	13	organs	organ	NOUN
cjal-9207	115	14	of	of	ADP
cjal-9207	115	15	the	the	DET
cjal-9207	115	16	prc	prc	PROPN
cjal-9207	115	17	party	party	NOUN
cjal-9207	115	18	-state	-state	PROPN
cjal-9207	115	19	,	,	PUNCT
cjal-9207	115	20	12	12	NUM
cjal-9207	115	21	the	the	DET
cjal-9207	115	22	result	result	NOUN
cjal-9207	115	23	of	of	ADP
cjal-9207	115	24	china	china	PROPN
cjal-9207	115	25	's	's	PART
cjal-9207	115	26	three	three	NUM
cjal-9207	115	27	decades	decade	NOUN
cjal-9207	115	28	-	-	PUNCT
cjal-9207	115	29	long	long	ADJ
cjal-9207	115	30	project	project	NOUN
cjal-9207	115	31	of	of	ADP
cjal-9207	115	32	"	"	PUNCT
cjal-9207	115	33	corporatization	corporatization	NOUN
cjal-9207	115	34	without	without	ADP
cjal-9207	115	35	privatization	privatization	NOUN
cjal-9207	115	36	.	.	PUNCT
cjal-9207	115	37	"	"	PUNCT
cjal-9207	116	1	while	while	SCONJ
cjal-9207	116	2	many	many	ADJ
cjal-9207	116	3	state	state	NOUN
cjal-9207	116	4	-	-	PUNCT
cjal-9207	116	5	owned	own	VERB
cjal-9207	116	6	economies	economy	NOUN
cjal-9207	116	7	have	have	AUX
cjal-9207	116	8	gone	go	VERB
cjal-9207	116	9	through	through	ADP
cjal-9207	116	10	privatization	privatization	NOUN
cjal-9207	116	11	as	as	ADP
cjal-9207	116	12	part	part	NOUN
cjal-9207	116	13	of	of	ADP
cjal-9207	116	14	their	their	PRON
cjal-9207	116	15	economic	economic	ADJ
cjal-9207	116	16	and	and	CCONJ
cjal-9207	116	17	political	political	ADJ
cjal-9207	116	18	transition	transition	NOUN
cjal-9207	116	19	,	,	PUNCT
cjal-9207	116	20	13	13	NUM
cjal-9207	116	21	the	the	DET
cjal-9207	116	22	prc	prc	PROPN
cjal-9207	116	23	opted	opt	VERB
cjal-9207	116	24	instead	instead	ADV
cjal-9207	116	25	to	to	PART
cjal-9207	116	26	restructure	restructure	VERB
cjal-9207	116	27	its	its	PRON
cjal-9207	116	28	traditional	traditional	ADJ
cjal-9207	116	29	state	state	NOUN
cjal-9207	116	30	-	-	PUNCT
cjal-9207	116	31	owned	own	VERB
cjal-9207	116	32	enterprises	enterprise	NOUN
cjal-9207	116	33	(	(	PUNCT
cjal-9207	116	34	so	so	ADV
cjal-9207	116	35	es	es	VERB
cjal-9207	116	36	)	)	PUNCT
cjal-9207	116	37	and	and	CCONJ
cjal-9207	116	38	develop	develop	VERB
cjal-9207	116	39	a	a	DET
cjal-9207	116	40	new	new	ADJ
cjal-9207	116	41	capital	capital	NOUN
cjal-9207	116	42	market	market	NOUN
cjal-9207	116	43	to	to	PART
cjal-9207	116	44	finance	finance	VERB
cjal-9207	116	45	such	such	ADJ
cjal-9207	116	46	entities	entity	NOUN
cjal-9207	116	47	,	,	PUNCT
cjal-9207	116	48	while	while	SCONJ
cjal-9207	116	49	at	at	ADP
cjal-9207	116	50	the	the	DET
cjal-9207	116	51	same	same	ADJ
cjal-9207	116	52	time	time	NOUN
cjal-9207	116	53	preserve	preserve	VERB
cjal-9207	116	54	ultimate	ultimate	ADJ
cjal-9207	116	55	party	party	NOUN
cjal-9207	116	56	-	-	PUNCT
cjal-9207	116	57	state	state	NOUN
cjal-9207	116	58	control	control	NOUN
cjal-9207	116	59	over	over	ADP
cjal-9207	116	60	the	the	DET
cjal-9207	116	61	vast	vast	ADJ
cjal-9207	116	62	majority	majority	NOUN
cjal-9207	116	63	of	of	ADP
cjal-9207	116	64	its	its	PRON
cjal-9207	116	65	enterprises	enterprise	NOUN
cjal-9207	116	66	.	.	PUNCT
cjal-9207	117	1	some	some	DET
cjal-9207	117	2	economists	economist	NOUN
cjal-9207	117	3	have	have	AUX
cjal-9207	117	4	perhaps	perhaps	ADV
cjal-9207	117	5	optimistically	optimistically	ADV
cjal-9207	117	6	called	call	VERB
cjal-9207	117	7	this	this	DET
cjal-9207	117	8	"	"	PUNCT
cjal-9207	117	9	gradual	gradual	ADJ
cjal-9207	117	10	privatization	privatization	NOUN
cjal-9207	117	11	,	,	PUNCT
cjal-9207	117	12	"	"	PUNCT
cjal-9207	117	13	as	as	SCONJ
cjal-9207	117	14	if	if	SCONJ
cjal-9207	117	15	an	an	DET
cjal-9207	117	16	end	end	NOUN
cjal-9207	117	17	result	result	NOUN
cjal-9207	117	18	of	of	ADP
cjal-9207	117	19	complete	complete	ADJ
cjal-9207	117	20	privatization	privatization	NOUN
cjal-9207	117	21	is	be	AUX
cjal-9207	117	22	inevitable	inevitable	ADJ
cjal-9207	117	23	.	.	PUNCT
cjal-9207	118	1	14	14	NUM
cjal-9207	118	2	most	most	ADV
cjal-9207	118	3	expert	expert	ADJ
cjal-9207	118	4	observers	observer	NOUN
cjal-9207	118	5	of	of	ADP
cjal-9207	118	6	china	china	PROPN
cjal-9207	118	7	,	,	PUNCT
cjal-9207	118	8	however	however	ADV
cjal-9207	118	9	,	,	PUNCT
cjal-9207	118	10	agree	agree	VERB
cjal-9207	118	11	that	that	SCONJ
cjal-9207	118	12	full	full	ADJ
cjal-9207	118	13	privatization	privatization	NOUN
cjal-9207	118	14	is	be	AUX
cjal-9207	118	15	not	not	PART
cjal-9207	118	16	the	the	DET
cjal-9207	118	17	end	end	NOUN
cjal-9207	118	18	goal	goal	NOUN
cjal-9207	118	19	of	of	ADP
cjal-9207	118	20	the	the	DET
cjal-9207	118	21	chinese	chinese	ADJ
cjal-9207	118	22	party	party	NOUN
cjal-9207	118	23	-	-	PUNCT
cjal-9207	118	24	state	state	NOUN
cjal-9207	118	25	under	under	ADP
cjal-9207	118	26	any	any	DET
cjal-9207	118	27	chinese	chinese	ADJ
cjal-9207	118	28	communist	communist	PROPN
cjal-9207	118	29	party	party	NOUN
cjal-9207	118	30	(	(	PUNCT
cjal-9207	118	31	ccp)-led	ccp)-le	VERB
cjal-9207	118	32	regime	regime	NOUN
cjal-9207	118	33	.	.	PUNCT
cjal-9207	119	1	15	15	NUM
cjal-9207	119	2	hence	hence	ADV
cjal-9207	119	3	,	,	PUNCT
cjal-9207	119	4	while	while	SCONJ
cjal-9207	119	5	over	over	ADP
cjal-9207	119	6	several	several	ADJ
cjal-9207	119	7	decades	decade	NOUN
cjal-9207	119	8	there	there	PRON
cjal-9207	119	9	has	have	AUX
cjal-9207	119	10	been	be	AUX
cjal-9207	119	11	some	some	DET
cjal-9207	119	12	reduction	reduction	NOUN
cjal-9207	119	13	in	in	ADP
cjal-9207	119	14	the	the	DET
cjal-9207	119	15	state	state	NOUN
cjal-9207	119	16	's	's	PART
cjal-9207	119	17	direct	direct	ADJ
cjal-9207	119	18	equity	equity	NOUN
cjal-9207	119	19	holdings	holding	NOUN
cjal-9207	119	20	in	in	ADP
cjal-9207	119	21	prc	prc	PROPN
cjal-9207	119	22	firms	firm	NOUN
cjal-9207	119	23	,	,	PUNCT
cjal-9207	119	24	coupled	couple	VERB
cjal-9207	119	25	with	with	ADP
cjal-9207	119	26	varying	vary	VERB
cjal-9207	119	27	spurts	spurt	NOUN
cjal-9207	119	28	of	of	ADP
cjal-9207	119	29	growth	growth	NOUN
cjal-9207	119	30	in	in	ADP
cjal-9207	119	31	small	small	ADJ
cjal-9207	119	32	to	to	PART
cjal-9207	119	33	medium	medium	ADJ
cjal-9207	119	34	enterprises	enterprise	NOUN
cjal-9207	119	35	often	often	ADV
cjal-9207	119	36	called	call	VERB
cjal-9207	119	37	"	"	PUNCT
cjal-9207	119	38	private	private	ADJ
cjal-9207	119	39	"	"	PUNCT
cjal-9207	119	40	,	,	PUNCT
cjal-9207	119	41	these	these	DET
cjal-9207	119	42	reductions	reduction	NOUN
cjal-9207	119	43	in	in	ADP
cjal-9207	119	44	formal	formal	ADJ
cjal-9207	119	45	equity	equity	NOUN
cjal-9207	119	46	shares	share	NOUN
cjal-9207	119	47	in	in	ADP
cjal-9207	119	48	the	the	DET
cjal-9207	119	49	hands	hand	NOUN
cjal-9207	119	50	of	of	ADP
cjal-9207	119	51	the	the	DET
cjal-9207	119	52	prc	prc	PROPN
cjal-9207	119	53	party	party	NOUN
cjal-9207	119	54	-	-	PUNCT
cjal-9207	119	55	state	state	NOUN
cjal-9207	119	56	do	do	AUX
cjal-9207	119	57	not	not	PART
cjal-9207	119	58	amount	amount	VERB
cjal-9207	119	59	to	to	ADP
cjal-9207	119	60	even	even	ADV
cjal-9207	119	61	a	a	DET
cjal-9207	119	62	gradual	gradual	ADJ
cjal-9207	119	63	reduction	reduction	NOUN
cjal-9207	119	64	in	in	ADP
cjal-9207	119	65	control	control	NOUN
cjal-9207	119	66	over	over	ADP
cjal-9207	119	67	the	the	DET
cjal-9207	119	68	party	party	NOUN
cjal-9207	119	69	-	-	PUNCT
cjal-9207	119	70	state	state	NOUN
cjal-9207	119	71	-	-	PUNCT
cjal-9207	119	72	operated	operate	VERB
cjal-9207	119	73	assets	asset	NOUN
cjal-9207	119	74	.	.	PUNCT
cjal-9207	120	1	16	16	NUM
cjal-9207	120	2	an	an	DET
cjal-9207	120	3	important	important	ADJ
cjal-9207	120	4	goal	goal	NOUN
cjal-9207	120	5	of	of	ADP
cjal-9207	120	6	the	the	DET
cjal-9207	120	7	soe	soe	PROPN
cjal-9207	120	8	corporatization	corporatization	NOUN
cjal-9207	120	9	process	process	NOUN
cjal-9207	120	10	undertaken	undertake	VERB
cjal-9207	120	11	in	in	ADP
cjal-9207	120	12	the	the	DET
cjal-9207	120	13	prc	prc	PROPN
cjal-9207	120	14	in	in	ADP
cjal-9207	120	15	the	the	DET
cjal-9207	120	16	late	late	ADJ
cjal-9207	120	17	1980s	1980	NOUN
cjal-9207	120	18	and	and	CCONJ
cjal-9207	120	19	early	early	ADJ
cjal-9207	120	20	1990s	1990	NOUN
cjal-9207	120	21	was	be	AUX
cjal-9207	120	22	the	the	DET
cjal-9207	120	23	effort	effort	NOUN
cjal-9207	120	24	to	to	PART
cjal-9207	120	25	raise	raise	VERB
cjal-9207	120	26	equity	equity	NOUN
cjal-9207	120	27	11	11	NUM
cjal-9207	120	28	for	for	ADP
cjal-9207	120	29	instance	instance	NOUN
cjal-9207	120	30	,	,	PUNCT
cjal-9207	120	31	during	during	ADP
cjal-9207	120	32	2012	2012	NUM
cjal-9207	120	33	,	,	PUNCT
cjal-9207	120	34	the	the	DET
cjal-9207	120	35	largest	large	ADJ
cjal-9207	120	36	shareholder	shareholder	NOUN
cjal-9207	120	37	in	in	ADP
cjal-9207	120	38	chinese	chinese	ADJ
cjal-9207	120	39	listed	list	VERB
cjal-9207	120	40	firms	firm	NOUN
cjal-9207	120	41	owned	own	VERB
cjal-9207	120	42	,	,	PUNCT
cjal-9207	120	43	on	on	ADP
cjal-9207	120	44	average	average	ADJ
cjal-9207	120	45	,	,	PUNCT
cjal-9207	120	46	over	over	ADP
cjal-9207	120	47	one	one	NUM
cjal-9207	120	48	-	-	PUNCT
cjal-9207	120	49	third	third	NOUN
cjal-9207	120	50	of	of	ADP
cjal-9207	120	51	the	the	DET
cjal-9207	120	52	firm	firm	NOUN
cjal-9207	120	53	,	,	PUNCT
cjal-9207	120	54	and	and	CCONJ
cjal-9207	120	55	often	often	ADV
cjal-9207	120	56	more	more	ADJ
cjal-9207	120	57	than	than	ADP
cjal-9207	120	58	40	40	NUM
cjal-9207	120	59	%	%	NOUN
cjal-9207	120	60	in	in	ADP
cjal-9207	120	61	state	state	NOUN
cjal-9207	120	62	-	-	PUNCT
cjal-9207	120	63	controlled	control	VERB
cjal-9207	120	64	enterprises	enterprise	NOUN
cjal-9207	120	65	.	.	PUNCT
cjal-9207	121	1	moreover	moreover	ADV
cjal-9207	121	2	,	,	PUNCT
cjal-9207	121	3	57.28	57.28	NUM
cjal-9207	121	4	%	%	NOUN
cjal-9207	121	5	of	of	ADP
cjal-9207	121	6	a	a	DET
cjal-9207	121	7	shares	share	NOUN
cjal-9207	121	8	in	in	ADP
cjal-9207	121	9	chinese	chinese	ADJ
cjal-9207	121	10	listed	list	VERB
cjal-9207	121	11	firms	firm	NOUN
cjal-9207	121	12	were	be	AUX
cjal-9207	121	13	held	hold	VERB
cjal-9207	121	14	by	by	ADP
cjal-9207	121	15	"	"	PUNCT
cjal-9207	121	16	legal	legal	ADJ
cjal-9207	121	17	person	person	NOUN
cjal-9207	121	18	"	"	PUNCT
cjal-9207	121	19	companies	company	NOUN
cjal-9207	121	20	,	,	PUNCT
cjal-9207	121	21	which	which	PRON
cjal-9207	121	22	include	include	VERB
cjal-9207	121	23	primarily	primarily	ADV
cjal-9207	121	24	state	state	NOUN
cjal-9207	121	25	enterprises	enterprise	NOUN
cjal-9207	121	26	(	(	PUNCT
cjal-9207	121	27	this	this	PRON
cjal-9207	121	28	is	be	AUX
cjal-9207	121	29	without	without	ADP
cjal-9207	121	30	considering	consider	VERB
cjal-9207	121	31	state	state	NOUN
cjal-9207	121	32	ownership	ownership	NOUN
cjal-9207	121	33	through	through	ADP
cjal-9207	121	34	institutional	institutional	ADJ
cjal-9207	121	35	investors	investor	NOUN
cjal-9207	121	36	and	and	CCONJ
cjal-9207	121	37	the	the	DET
cjal-9207	121	38	national	national	ADJ
cjal-9207	121	39	social	social	PROPN
cjal-9207	121	40	securities	securities	PROPN
cjal-9207	121	41	fund	fund	PROPN
cjal-9207	121	42	)	)	PUNCT
cjal-9207	121	43	.	.	PUNCT
cjal-9207	122	1	fuxiu	fuxiu	PROPN
cjal-9207	122	2	jiang	jiang	PROPN
cjal-9207	122	3	&	&	CCONJ
cjal-9207	122	4	kenneth	kenneth	PROPN
cjal-9207	122	5	kim	kim	PROPN
cjal-9207	122	6	,	,	PUNCT
cjal-9207	122	7	corporate	corporate	ADJ
cjal-9207	122	8	governance	governance	NOUN
cjal-9207	122	9	in	in	ADP
cjal-9207	122	10	china	china	PROPN
cjal-9207	122	11	:	:	PUNCT
cjal-9207	122	12	a	a	DET
cjal-9207	122	13	modern	modern	ADJ
cjal-9207	122	14	perspective	perspective	NOUN
cjal-9207	122	15	,	,	PUNCT
cjal-9207	122	16	32	32	NUM
cjal-9207	122	17	j.	j.	PROPN
cjal-9207	122	18	corp	corp	PROPN
cjal-9207	122	19	.	.	PROPN
cjal-9207	122	20	fin	fin	PROPN
cjal-9207	122	21	.	.	PUNCT
cjal-9207	123	1	190	190	NUM
cjal-9207	123	2	,	,	PUNCT
cjal-9207	123	3	192	192	NUM
cjal-9207	123	4	,	,	PUNCT
cjal-9207	123	5	196	196	NUM
cjal-9207	123	6	(	(	PUNCT
cjal-9207	123	7	2015	2015	NUM
cjal-9207	123	8	)	)	PUNCT
cjal-9207	123	9	.	.	PUNCT
cjal-9207	124	1	12jd	12jd	ADJ
cjal-9207	124	2	.	.	PUNCT
cjal-9207	125	1	13	13	NUM
cjal-9207	125	2	corporate	corporate	ADJ
cjal-9207	125	3	governance	governance	NOUN
cjal-9207	125	4	in	in	ADP
cjal-9207	125	5	transitional	transitional	ADJ
cjal-9207	125	6	economies	economy	NOUN
cjal-9207	125	7	:	:	PUNCT
cjal-9207	125	8	insider	insider	NOUN
cjal-9207	125	9	control	control	NOUN
cjal-9207	125	10	and	and	CCONJ
cjal-9207	125	11	the	the	DET
cjal-9207	125	12	role	role	NOUN
cjal-9207	125	13	of	of	ADP
cjal-9207	125	14	banks	bank	NOUN
cjal-9207	125	15	(	(	PUNCT
cjal-9207	125	16	masahiko	masahiko	PROPN
cjal-9207	125	17	aoki	aoki	PROPN
cjal-9207	125	18	&	&	CCONJ
cjal-9207	125	19	hyung	hyung	PROPN
cjal-9207	125	20	-	-	PROPN
cjal-9207	125	21	ki	ki	PROPN
cjal-9207	125	22	kim	kim	PROPN
cjal-9207	125	23	eds	eds	PROPN
cjal-9207	125	24	.	.	PROPN
cjal-9207	125	25	,	,	PUNCT
cjal-9207	125	26	1995	1995	NUM
cjal-9207	125	27	)	)	PUNCT
cjal-9207	126	1	[	[	X
cjal-9207	126	2	hereinafter	hereinafter	VERB
cjal-9207	126	3	corporate	corporate	ADJ
cjal-9207	126	4	governance	governance	NOUN
cjal-9207	126	5	in	in	ADP
cjal-9207	126	6	transitional	transitional	ADJ
cjal-9207	126	7	economies	economy	NOUN
cjal-9207	126	8	]	]	PUNCT
cjal-9207	126	9	.	.	PUNCT
cjal-9207	127	1	14	14	NUM
cjal-9207	127	2	gerard	gerard	PROPN
cjal-9207	127	3	roland	roland	PROPN
cjal-9207	127	4	,	,	PUNCT
cjal-9207	127	5	political	political	ADJ
cjal-9207	127	6	economy	economy	NOUN
cjal-9207	127	7	issues	issue	NOUN
cjal-9207	127	8	of	of	ADP
cjal-9207	127	9	ownership	ownership	NOUN
cjal-9207	127	10	transformation	transformation	NOUN
cjal-9207	127	11	in	in	ADP
cjal-9207	127	12	eastern	eastern	PROPN
cjal-9207	127	13	europe	europe	PROPN
cjal-9207	127	14	,	,	PUNCT
cjal-9207	127	15	in	in	ADP
cjal-9207	127	16	corporate	corporate	ADJ
cjal-9207	127	17	governance	governance	NOUN
cjal-9207	127	18	in	in	ADP
cjal-9207	127	19	transitional	transitional	ADJ
cjal-9207	127	20	economies	economy	NOUN
cjal-9207	127	21	,	,	PUNCT
cjal-9207	127	22	supra	supra	PROPN
cjal-9207	127	23	note	note	NOUN
cjal-9207	127	24	13	13	NUM
cjal-9207	127	25	,	,	PUNCT
cjal-9207	127	26	at	at	ADP
cjal-9207	127	27	31	31	NUM
cjal-9207	127	28	,	,	PUNCT
cjal-9207	127	29	47	47	NUM
cjal-9207	127	30	-	-	SYM
cjal-9207	127	31	49	49	NUM
cjal-9207	127	32	.	.	PUNCT
cjal-9207	127	33	'	'	PUNCT
cjal-9207	128	1	"	"	PUNCT
cjal-9207	128	2	the	the	DET
cjal-9207	128	3	term	term	NOUN
cjal-9207	128	4	"	"	PUNCT
cjal-9207	128	5	party	party	NOUN
cjal-9207	128	6	-	-	PUNCT
cjal-9207	128	7	state	state	NOUN
cjal-9207	128	8	"	"	PUNCT
cjal-9207	128	9	throughout	throughout	ADP
cjal-9207	128	10	refers	refer	NOUN
cjal-9207	128	11	to	to	ADP
cjal-9207	128	12	a	a	DET
cjal-9207	128	13	one	one	NUM
cjal-9207	128	14	-	-	PUNCT
cjal-9207	128	15	party	party	NOUN
cjal-9207	128	16	system	system	NOUN
cjal-9207	128	17	in	in	ADP
cjal-9207	128	18	which	which	PRON
cjal-9207	128	19	one	one	NUM
cjal-9207	128	20	political	political	ADJ
cjal-9207	128	21	party	party	NOUN
cjal-9207	128	22	ultimately	ultimately	ADV
cjal-9207	128	23	directs	direct	VERB
cjal-9207	128	24	both	both	CCONJ
cjal-9207	128	25	the	the	DET
cjal-9207	128	26	political	political	ADJ
cjal-9207	128	27	process	process	NOUN
cjal-9207	128	28	and	and	CCONJ
cjal-9207	128	29	the	the	DET
cjal-9207	128	30	governance	governance	NOUN
cjal-9207	128	31	of	of	ADP
cjal-9207	128	32	the	the	DET
cjal-9207	128	33	state	state	NOUN
cjal-9207	128	34	.	.	PUNCT
cjal-9207	129	1	16	16	NUM
cjal-9207	129	2	evidence	evidence	NOUN
cjal-9207	129	3	for	for	ADP
cjal-9207	129	4	this	this	DET
cjal-9207	129	5	view	view	NOUN
cjal-9207	129	6	may	may	AUX
cjal-9207	129	7	be	be	AUX
cjal-9207	129	8	drawn	draw	VERB
cjal-9207	129	9	from	from	ADP
cjal-9207	129	10	the	the	DET
cjal-9207	129	11	prc	prc	PROPN
cjal-9207	129	12	state	state	NOUN
cjal-9207	129	13	council	council	PROPN
cjal-9207	129	14	and	and	CCONJ
cjal-9207	129	15	the	the	DET
cjal-9207	129	16	ccp	ccp	PROPN
cjal-9207	129	17	central	central	PROPN
cjal-9207	129	18	committee	committee	PROPN
cjal-9207	129	19	's	's	PART
cjal-9207	129	20	recent	recent	ADJ
cjal-9207	129	21	guiding	guide	VERB
cjal-9207	129	22	opinion	opinion	NOUN
cjal-9207	129	23	.	.	PUNCT
cjal-9207	130	1	zhonggong	zhonggong	PROPN
cjal-9207	130	2	zhongyang	zhongyang	PROPN
cjal-9207	130	3	,	,	PUNCT
cjal-9207	130	4	guowuyuan	guowuyuan	PROPN
cjal-9207	130	5	guanyu	guanyu	PROPN
cjal-9207	130	6	shenhua	shenhua	PROPN
cjal-9207	130	7	guoyou	guoyou	PROPN
cjal-9207	130	8	qiye	qiye	PROPN
cjal-9207	130	9	gaige	gaige	PROPN
cjal-9207	130	10	de	de	PROPN
cjal-9207	130	11	zhidao	zhidao	PROPN
cjal-9207	130	12	yijian	yijian	PROPN
cjal-9207	130	13	(	(	PUNCT
cjal-9207	130	14	'	'	PUNCT
cjal-9207	130	15	f'~'f':9c	f'~'f':9c	NOUN
cjal-9207	130	16	,	,	PUNCT
cjal-9207	130	17	oo*i!it*=fiitht!effie	oo*i!it*=fiitht!effie	PROPN
cjal-9207	130	18	~	~	SYM
cjal-9207	130	19	t&tt,:1¥jffi	t&tt,:1¥jffi	PROPN
cjal-9207	130	20	.\'fl:~	.\'fl:~	PUNCT
cjal-9207	130	21	)	)	PUNCT
cjal-9207	131	1	[	[	X
cjal-9207	131	2	cpc	cpc	PROPN
cjal-9207	131	3	central	central	PROPN
cjal-9207	131	4	committee	committee	PROPN
cjal-9207	131	5	and	and	CCONJ
cjal-9207	131	6	state	state	PROPN
cjal-9207	131	7	council	council	PROPN
cjal-9207	131	8	opinion	opinion	NOUN
cjal-9207	131	9	on	on	ADP
cjal-9207	131	10	deepening	deepen	VERB
cjal-9207	131	11	the	the	DET
cjal-9207	131	12	guidance	guidance	NOUN
cjal-9207	131	13	of	of	ADP
cjal-9207	131	14	state	state	NOUN
cjal-9207	131	15	-	-	PUNCT
cjal-9207	131	16	owned	own	VERB
cjal-9207	131	17	enterprise	enterprise	NOUN
cjal-9207	131	18	reform	reform	NOUN
cjal-9207	131	19	]	]	PUNCT
cjal-9207	131	20	(	(	PUNCT
cjal-9207	131	21	aug	aug	PROPN
cjal-9207	131	22	.	.	PROPN
cjal-9207	131	23	24	24	NUM
cjal-9207	131	24	,	,	PUNCT
cjal-9207	131	25	2015	2015	NUM
cjal-9207	131	26	)	)	PUNCT
cjal-9207	131	27	,	,	PUNCT
cjal-9207	131	28	http://www.gov.cn/zhengce/2015-09/13/	http://www.gov.cn/zhengce/2015-09/13/	ADJ
cjal-9207	131	29	content_2930440.htm	content_2930440.htm	PROPN
cjal-9207	131	30	(	(	PUNCT
cjal-9207	131	31	emphasizing	emphasize	VERB
cjal-9207	131	32	state	state	NOUN
cjal-9207	131	33	ownership	ownership	NOUN
cjal-9207	131	34	as	as	ADP
cjal-9207	131	35	the	the	DET
cjal-9207	131	36	pillar	pillar	NOUN
cjal-9207	131	37	of	of	ADP
cjal-9207	131	38	the	the	DET
cjal-9207	131	39	chinese	chinese	ADJ
cjal-9207	131	40	economy	economy	NOUN
cjal-9207	131	41	and	and	CCONJ
cjal-9207	131	42	calling	call	VERB
cjal-9207	131	43	for	for	ADP
cjal-9207	131	44	greater	great	ADJ
cjal-9207	131	45	party	party	NOUN
cjal-9207	131	46	involvement	involvement	NOUN
cjal-9207	131	47	and	and	CCONJ
cjal-9207	131	48	not	not	PART
cjal-9207	131	49	greater	great	ADJ
cjal-9207	131	50	privatization	privatization	NOUN
cjal-9207	131	51	,	,	PUNCT
cjal-9207	131	52	as	as	SCONJ
cjal-9207	131	53	might	might	AUX
cjal-9207	131	54	be	be	AUX
cjal-9207	131	55	inferred	infer	VERB
cjal-9207	131	56	from	from	ADP
cjal-9207	131	57	the	the	DET
cjal-9207	131	58	title	title	NOUN
cjal-9207	131	59	)	)	PUNCT
cjal-9207	131	60	.	.	PUNCT
cjal-9207	131	61	8	8	NUM
cjal-9207	131	62	columbia	columbia	PROPN
cjal-9207	131	63	journal	journal	PROPN
cjal-9207	131	64	of	of	ADP
cjal-9207	131	65	asian	asian	ADJ
cjal-9207	131	66	law	law	NOUN
cjal-9207	132	1	[	[	X
cjal-9207	132	2	vol	vol	NOUN
cjal-9207	132	3	.	.	PUNCT
cjal-9207	133	1	30:1	30:1	NUM
cjal-9207	133	2	investment	investment	NOUN
cjal-9207	133	3	for	for	ADP
cjal-9207	133	4	so	so	ADV
cjal-9207	133	5	es	es	X
cjal-9207	133	6	from	from	ADP
cjal-9207	133	7	both	both	CCONJ
cjal-9207	133	8	chinese	chinese	ADJ
cjal-9207	133	9	and	and	CCONJ
cjal-9207	133	10	foreign	foreign	ADJ
cjal-9207	133	11	investors	investor	NOUN
cjal-9207	133	12	in	in	ADP
cjal-9207	133	13	order	order	NOUN
cjal-9207	133	14	to	to	PART
cjal-9207	133	15	fund	fund	VERB
cjal-9207	133	16	their	their	PRON
cjal-9207	133	17	operation.11	operation.11	NOUN
cjal-9207	133	18	this	this	PRON
cjal-9207	133	19	required	require	VERB
cjal-9207	133	20	the	the	DET
cjal-9207	133	21	transformation	transformation	NOUN
cjal-9207	133	22	of	of	ADP
cjal-9207	133	23	china	china	PROPN
cjal-9207	133	24	's	's	PART
cjal-9207	133	25	so	so	ADV
cjal-9207	133	26	es	es	X
cjal-9207	133	27	from	from	ADP
cjal-9207	133	28	administrative	administrative	ADJ
cjal-9207	133	29	entities	entity	NOUN
cjal-9207	133	30	that	that	PRON
cjal-9207	133	31	provided	provide	VERB
cjal-9207	133	32	for	for	ADP
cjal-9207	133	33	all	all	DET
cjal-9207	133	34	aspects	aspect	NOUN
cjal-9207	133	35	of	of	ADP
cjal-9207	133	36	economic	economic	ADJ
cjal-9207	133	37	and	and	CCONJ
cjal-9207	133	38	social	social	ADJ
cjal-9207	133	39	welfare	welfare	NOUN
cjal-9207	133	40	(	(	PUNCT
cjal-9207	133	41	employment	employment	NOUN
cjal-9207	133	42	,	,	PUNCT
cjal-9207	133	43	health	health	NOUN
cjal-9207	133	44	,	,	PUNCT
cjal-9207	133	45	education	education	NOUN
cjal-9207	133	46	,	,	PUNCT
cjal-9207	133	47	retirement	retirement	NOUN
cjal-9207	133	48	,	,	PUNCT
cjal-9207	133	49	etc	etc	X
cjal-9207	133	50	.	.	X
cjal-9207	133	51	)	)	PUNCT
cjal-9207	133	52	into	into	ADP
cjal-9207	133	53	"	"	PUNCT
cjal-9207	133	54	modern	modern	ADJ
cjal-9207	133	55	"	"	PUNCT
cjal-9207	133	56	corporate	corporate	ADJ
cjal-9207	133	57	establishments	establishment	NOUN
cjal-9207	133	58	.	.	PUNCT
cjal-9207	134	1	18	18	NUM
cjal-9207	134	2	the	the	DET
cjal-9207	134	3	so	so	ADV
cjal-9207	134	4	-	-	PUNCT
cjal-9207	134	5	called	call	VERB
cjal-9207	134	6	"	"	PUNCT
cjal-9207	134	7	modern	modern	ADJ
cjal-9207	134	8	enterprise	enterprise	NOUN
cjal-9207	134	9	"	"	PUNCT
cjal-9207	134	10	was	be	AUX
cjal-9207	134	11	understood	understand	VERB
cjal-9207	134	12	to	to	PART
cjal-9207	134	13	be	be	AUX
cjal-9207	134	14	a	a	DET
cjal-9207	134	15	better	well	ADJ
cjal-9207	134	16	form	form	NOUN
cjal-9207	134	17	for	for	ADP
cjal-9207	134	18	the	the	DET
cjal-9207	134	19	(	(	PUNCT
cjal-9207	134	20	economically	economically	ADV
cjal-9207	134	21	)	)	PUNCT
cjal-9207	134	22	efficient	efficient	ADJ
cjal-9207	134	23	management	management	NOUN
cjal-9207	134	24	of	of	ADP
cjal-9207	134	25	productive	productive	ADJ
cjal-9207	134	26	state	state	NOUN
cjal-9207	134	27	assets	asset	NOUN
cjal-9207	134	28	,	,	PUNCT
cjal-9207	134	29	and	and	CCONJ
cjal-9207	134	30	the	the	DET
cjal-9207	134	31	only	only	ADJ
cjal-9207	134	32	enterprise	enterprise	NOUN
cjal-9207	134	33	form	form	NOUN
cjal-9207	134	34	suitable	suitable	ADJ
cjal-9207	134	35	for	for	ADP
cjal-9207	134	36	capital	capital	NOUN
cjal-9207	134	37	-	-	PUNCT
cjal-9207	134	38	raising	raising	NOUN
cjal-9207	134	39	.	.	PUNCT
cjal-9207	135	1	19	19	NUM
cjal-9207	135	2	notably	notably	ADV
cjal-9207	135	3	,	,	PUNCT
cjal-9207	135	4	full	full	ADJ
cjal-9207	135	5	privatization	privatization	NOUN
cjal-9207	135	6	was	be	AUX
cjal-9207	135	7	never	never	ADV
cjal-9207	135	8	a	a	DET
cjal-9207	135	9	goal	goal	NOUN
cjal-9207	135	10	,	,	PUNCT
cjal-9207	135	11	or	or	CCONJ
cjal-9207	135	12	even	even	ADV
cjal-9207	135	13	the	the	DET
cjal-9207	135	14	means	mean	NOUN
cjal-9207	135	15	,	,	PUNCT
cjal-9207	135	16	for	for	ADP
cjal-9207	135	17	the	the	DET
cjal-9207	135	18	policy	policy	NOUN
cjal-9207	135	19	-	-	PUNCT
cjal-9207	135	20	driven	drive	VERB
cjal-9207	135	21	transformation	transformation	NOUN
cjal-9207	135	22	of	of	ADP
cjal-9207	135	23	soes	soe	NOUN
cjal-9207	135	24	into	into	ADP
cjal-9207	135	25	modern	modern	ADJ
cjal-9207	135	26	enterprises	enterprise	NOUN
cjal-9207	135	27	.	.	PUNCT
cjal-9207	136	1	thus	thus	ADV
cjal-9207	136	2	,	,	PUNCT
cjal-9207	136	3	through	through	ADP
cjal-9207	136	4	the	the	DET
cjal-9207	136	5	soe	soe	PROPN
cjal-9207	136	6	corporatization	corporatization	NOUN
cjal-9207	136	7	process	process	NOUN
cjal-9207	136	8	,	,	PUNCT
cjal-9207	136	9	nonproduction	nonproduction	ADJ
cjal-9207	136	10	social	social	ADJ
cjal-9207	136	11	functions	function	NOUN
cjal-9207	136	12	were	be	AUX
cjal-9207	136	13	stripped	strip	VERB
cjal-9207	136	14	out	out	ADP
cjal-9207	136	15	of	of	ADP
cjal-9207	136	16	the	the	DET
cjal-9207	136	17	traditional	traditional	ADJ
cjal-9207	136	18	soe	soe	PROPN
cjal-9207	136	19	,	,	PUNCT
cjal-9207	136	20	and	and	CCONJ
cjal-9207	136	21	the	the	DET
cjal-9207	136	22	core	core	ADJ
cjal-9207	136	23	productive	productive	ADJ
cjal-9207	136	24	assets	asset	NOUN
cjal-9207	136	25	and	and	CCONJ
cjal-9207	136	26	human	human	ADJ
cjal-9207	136	27	capital	capital	NOUN
cjal-9207	136	28	were	be	AUX
cjal-9207	136	29	assigned	assign	VERB
cjal-9207	136	30	either	either	ADV
cjal-9207	136	31	to	to	PART
cjal-9207	136	32	:	:	PUNCT
cjal-9207	136	33	(	(	PUNCT
cjal-9207	136	34	1	1	X
cjal-9207	136	35	)	)	PUNCT
cjal-9207	136	36	central	central	ADJ
cjal-9207	136	37	and	and	CCONJ
cjal-9207	136	38	local	local	ADJ
cjal-9207	136	39	-	-	PUNCT
cjal-9207	136	40	level	level	NOUN
cjal-9207	136	41	state	state	NOUN
cjal-9207	136	42	bodies	body	NOUN
cjal-9207	136	43	(	(	PUNCT
cjal-9207	136	44	e.g.	e.g.	ADV
cjal-9207	136	45	,	,	PUNCT
cjal-9207	136	46	central	central	ADJ
cjal-9207	136	47	,	,	PUNCT
cjal-9207	136	48	provincial	provincial	ADJ
cjal-9207	136	49	,	,	PUNCT
cjal-9207	136	50	and	and	CCONJ
cjal-9207	136	51	municipal	municipal	ADJ
cjal-9207	136	52	government	government	NOUN
cjal-9207	136	53	organs	organ	NOUN
cjal-9207	136	54	with	with	ADP
cjal-9207	136	55	jurisdiction	jurisdiction	NOUN
cjal-9207	136	56	over	over	ADP
cjal-9207	136	57	a	a	DET
cjal-9207	136	58	particular	particular	ADJ
cjal-9207	136	59	industrial	industrial	ADJ
cjal-9207	136	60	sector	sector	NOUN
cjal-9207	136	61	or	or	CCONJ
cjal-9207	136	62	region	region	NOUN
cjal-9207	136	63	)	)	PUNCT
cjal-9207	136	64	reorganized	reorganize	VERB
cjal-9207	136	65	as	as	ADP
cjal-9207	136	66	corporate	corporate	ADJ
cjal-9207	136	67	legal	legal	ADJ
cjal-9207	136	68	persons	person	NOUN
cjal-9207	136	69	or	or	CCONJ
cjal-9207	136	70	holding	hold	VERB
cjal-9207	136	71	entities	entity	NOUN
cjal-9207	136	72	with	with	ADP
cjal-9207	136	73	subsidiary	subsidiary	ADJ
cjal-9207	136	74	holdings	holding	NOUN
cjal-9207	136	75	or	or	CCONJ
cjal-9207	136	76	(	(	PUNCT
cjal-9207	136	77	2	2	X
cjal-9207	136	78	)	)	PUNCT
cjal-9207	136	79	other	other	ADJ
cjal-9207	136	80	existing	exist	VERB
cjal-9207	136	81	prc	prc	PROPN
cjal-9207	136	82	enterprises	enterprise	NOUN
cjal-9207	136	83	with	with	ADP
cjal-9207	136	84	"	"	PUNCT
cjal-9207	136	85	legal	legal	ADJ
cjal-9207	136	86	person	person	NOUN
cjal-9207	136	87	"	"	PUNCT
cjal-9207	136	88	status	status	NOUN
cjal-9207	136	89	,	,	PUNCT
cjal-9207	136	90	often	often	ADV
cjal-9207	136	91	companies	company	NOUN
cjal-9207	136	92	or	or	CCONJ
cjal-9207	136	93	groups	group	NOUN
cjal-9207	136	94	also	also	ADV
cjal-9207	136	95	controlled	control	VERB
cjal-9207	136	96	by	by	ADP
cjal-9207	136	97	non	non	ADJ
cjal-9207	136	98	-	-	ADJ
cjal-9207	136	99	central	central	ADJ
cjal-9207	136	100	government	government	NOUN
cjal-9207	136	101	bodies	body	NOUN
cjal-9207	136	102	.	.	PUNCT
cjal-9207	137	1	20	20	NUM
cjal-9207	137	2	later	later	ADV
cjal-9207	137	3	,	,	PUNCT
cjal-9207	137	4	many	many	ADJ
cjal-9207	137	5	of	of	ADP
cjal-9207	137	6	the	the	DET
cjal-9207	137	7	largest	large	ADJ
cjal-9207	137	8	central	central	ADJ
cjal-9207	137	9	and	and	CCONJ
cjal-9207	137	10	local	local	ADJ
cjal-9207	137	11	government	government	NOUN
cjal-9207	137	12	-	-	PUNCT
cjal-9207	137	13	controlled	control	VERB
cjal-9207	137	14	and	and	CCONJ
cjal-9207	137	15	now	now	ADV
cjal-9207	137	16	corporatized	corporatize	VERB
cjal-9207	137	17	so	so	ADV
cjal-9207	137	18	es	es	PRON
cjal-9207	137	19	had	have	VERB
cjal-9207	137	20	their	their	PRON
cjal-9207	137	21	controlling	control	VERB
cjal-9207	137	22	equity	equity	NOUN
cjal-9207	137	23	assigned	assign	VERB
cjal-9207	137	24	to	to	ADP
cjal-9207	137	25	what	what	PRON
cjal-9207	137	26	became	become	VERB
cjal-9207	137	27	the	the	DET
cjal-9207	137	28	state	state	NOUN
cjal-9207	137	29	-	-	PUNCT
cjal-9207	137	30	owned	own	VERB
cjal-9207	137	31	asset	asset	NOUN
cjal-9207	137	32	supervision	supervision	NOUN
cjal-9207	137	33	and	and	CCONJ
cjal-9207	137	34	administration	administration	PROPN
cjal-9207	137	35	commission	commission	PROPN
cjal-9207	137	36	(	(	PUNCT
cjal-9207	137	37	sasac	sasac	NOUN
cjal-9207	137	38	)	)	PUNCT
cjal-9207	137	39	.	.	PUNCT
cjal-9207	138	1	sasac	sasac	NOUN
cjal-9207	138	2	is	be	AUX
cjal-9207	138	3	the	the	DET
cjal-9207	138	4	central	central	ADJ
cjal-9207	138	5	state	state	NOUN
cjal-9207	138	6	asset	asset	NOUN
cjal-9207	138	7	management	management	NOUN
cjal-9207	138	8	agency	agency	NOUN
cjal-9207	138	9	established	establish	VERB
cjal-9207	138	10	in	in	ADP
cjal-9207	138	11	2003	2003	NUM
cjal-9207	138	12	to	to	PART
cjal-9207	138	13	act	act	VERB
cjal-9207	138	14	on	on	ADP
cjal-9207	138	15	behalf	behalf	NOUN
cjal-9207	138	16	of	of	ADP
cjal-9207	138	17	the	the	DET
cjal-9207	138	18	prc	prc	PROPN
cjal-9207	138	19	state	state	NOUN
cjal-9207	138	20	(	(	PUNCT
cjal-9207	138	21	or	or	CCONJ
cjal-9207	138	22	in	in	ADP
cjal-9207	138	23	the	the	DET
cjal-9207	138	24	prc	prc	PROPN
cjal-9207	138	25	idiom	idiom	NOUN
cjal-9207	138	26	"	"	PUNCT
cjal-9207	138	27	all	all	DET
cjal-9207	138	28	the	the	DET
cjal-9207	138	29	people	people	NOUN
cjal-9207	138	30	"	"	PUNCT
cjal-9207	138	31	(	(	PUNCT
cjal-9207	138	32	quanmin	quanmin	NOUN
cjal-9207	138	33	)	)	PUNCT
cjal-9207	138	34	)	)	PUNCT
cjal-9207	138	35	as	as	ADP
cjal-9207	138	36	the	the	DET
cjal-9207	138	37	ultimate	ultimate	ADJ
cjal-9207	138	38	principal	principal	NOUN
cjal-9207	138	39	.	.	PUNCT
cjal-9207	139	1	21	21	NUM
cjal-9207	139	2	these	these	DET
cjal-9207	139	3	corporatized	corporatize	VERB
cjal-9207	139	4	soes	soe	NOUN
cjal-9207	139	5	were	be	AUX
cjal-9207	139	6	the	the	DET
cjal-9207	139	7	prc	prc	PROPN
cjal-9207	139	8	firms	firm	NOUN
cjal-9207	139	9	i	i	PRON
cjal-9207	139	10	;	;	PUNCT
cjal-9207	139	11	see	see	VERB
cjal-9207	139	12	generally	generally	ADV
cjal-9207	139	13	stephen	stephen	PROPN
cjal-9207	139	14	green	green	PROPN
cjal-9207	139	15	,	,	PUNCT
cjal-9207	139	16	china	china	PROPN
cjal-9207	139	17	's	's	PART
cjal-9207	139	18	stockmarket	stockmarket	NOUN
cjal-9207	139	19	:	:	PUNCT
cjal-9207	139	20	a	a	DET
cjal-9207	139	21	guide	guide	NOUN
cjal-9207	139	22	to	to	ADP
cjal-9207	139	23	its	its	PRON
cjal-9207	139	24	progress	progress	NOUN
cjal-9207	139	25	,	,	PUNCT
cjal-9207	139	26	players	player	NOUN
cjal-9207	139	27	,	,	PUNCT
cjal-9207	139	28	ano	ano	PROPN
cjal-9207	139	29	prospects	prospect	VERB
cjal-9207	139	30	9	9	NUM
cjal-9207	139	31	-	-	SYM
cjal-9207	139	32	46	46	NUM
cjal-9207	139	33	(	(	PUNCT
cjal-9207	139	34	2003	2003	NUM
cjal-9207	139	35	)	)	PUNCT
cjal-9207	139	36	.	.	PUNCT
cjal-9207	140	1	18	18	NUM
cjal-9207	140	2	the	the	DET
cjal-9207	140	3	corporatization	corporatization	NOUN
cjal-9207	140	4	initiative	initiative	NOUN
cjal-9207	140	5	distinguished	distinguish	VERB
cjal-9207	140	6	between	between	ADP
cjal-9207	140	7	two	two	NUM
cjal-9207	140	8	main	main	ADJ
cjal-9207	140	9	forms	form	NOUN
cjal-9207	140	10	of	of	ADP
cjal-9207	140	11	organization	organization	NOUN
cjal-9207	140	12	,	,	PUNCT
cjal-9207	140	13	both	both	PRON
cjal-9207	140	14	of	of	ADP
cjal-9207	140	15	which	which	PRON
cjal-9207	140	16	entitle	entitle	VERB
cjal-9207	140	17	shareholders	shareholder	NOUN
cjal-9207	140	18	to	to	ADP
cjal-9207	140	19	limited	limit	VERB
cjal-9207	140	20	liability	liability	NOUN
cjal-9207	140	21	:	:	PUNCT
cjal-9207	140	22	(	(	PUNCT
cjal-9207	140	23	a	a	X
cjal-9207	140	24	)	)	PUNCT
cjal-9207	140	25	a	a	DET
cjal-9207	140	26	limited	limited	ADJ
cjal-9207	140	27	liability	liability	NOUN
cjal-9207	140	28	company	company	NOUN
cjal-9207	140	29	(	(	PUNCT
cjal-9207	140	30	"	"	PUNCT
cjal-9207	140	31	llc	llc	PROPN
cjal-9207	140	32	"	"	PUNCT
cjal-9207	140	33	)	)	PUNCT
cjal-9207	140	34	intended	intend	VERB
cjal-9207	140	35	for	for	ADP
cjal-9207	140	36	a	a	DET
cjal-9207	140	37	small	small	ADJ
cjal-9207	140	38	and	and	CCONJ
cjal-9207	140	39	more	more	ADV
cjal-9207	140	40	closely	closely	ADV
cjal-9207	140	41	held	hold	VERB
cjal-9207	140	42	group	group	NOUN
cjal-9207	140	43	of	of	ADP
cjal-9207	140	44	investors	investor	NOUN
cjal-9207	140	45	,	,	PUNCT
cjal-9207	140	46	similar	similar	ADJ
cjal-9207	140	47	to	to	ADP
cjal-9207	140	48	the	the	DET
cjal-9207	140	49	close	close	ADJ
cjal-9207	140	50	corporation	corporation	NOUN
cjal-9207	140	51	form	form	NOUN
cjal-9207	140	52	in	in	ADP
cjal-9207	140	53	the	the	DET
cjal-9207	140	54	united	united	PROPN
cjal-9207	140	55	states	states	PROPN
cjal-9207	140	56	;	;	PUNCT
cjal-9207	140	57	and	and	CCONJ
cjal-9207	140	58	(	(	PUNCT
cjal-9207	140	59	b	b	X
cjal-9207	140	60	)	)	PUNCT
cjal-9207	140	61	a	a	DET
cjal-9207	140	62	joint	joint	ADJ
cjal-9207	140	63	stock	stock	NOUN
cjal-9207	140	64	limited	limit	VERB
cjal-9207	140	65	company	company	NOUN
cjal-9207	140	66	,	,	PUNCT
cjal-9207	140	67	also	also	ADV
cjal-9207	140	68	known	know	VERB
cjal-9207	140	69	as	as	ADP
cjal-9207	140	70	"	"	PUNCT
cjal-9207	140	71	companies	company	NOUN
cjal-9207	140	72	limited	limit	VERB
cjal-9207	140	73	by	by	ADP
cjal-9207	140	74	shares	share	NOUN
cjal-9207	140	75	"	"	PUNCT
cjal-9207	140	76	(	(	PUNCT
cjal-9207	140	77	"	"	PUNCT
cjal-9207	140	78	clss	clss	NOUN
cjal-9207	140	79	"	"	PUNCT
cjal-9207	140	80	)	)	PUNCT
cjal-9207	140	81	,	,	PUNCT
cjal-9207	140	82	which	which	PRON
cjal-9207	140	83	may	may	AUX
cjal-9207	140	84	be	be	AUX
cjal-9207	140	85	a	a	DET
cjal-9207	140	86	listed	list	VERB
cjal-9207	140	87	company	company	NOUN
cjal-9207	140	88	or	or	CCONJ
cjal-9207	140	89	an	an	DET
cjal-9207	140	90	unlisted	unlisted	ADJ
cjal-9207	140	91	company	company	NOUN
cjal-9207	140	92	,	,	PUNCT
cjal-9207	140	93	although	although	SCONJ
cjal-9207	140	94	the	the	DET
cjal-9207	140	95	assumption	assumption	NOUN
cjal-9207	140	96	is	be	AUX
cjal-9207	140	97	that	that	SCONJ
cjal-9207	140	98	a	a	DET
cjal-9207	140	99	company	company	NOUN
cjal-9207	140	100	will	will	AUX
cjal-9207	140	101	be	be	AUX
cjal-9207	140	102	established	establish	VERB
cjal-9207	140	103	as	as	ADP
cjal-9207	140	104	such	such	ADJ
cjal-9207	140	105	with	with	ADP
cjal-9207	140	106	the	the	DET
cjal-9207	140	107	intention	intention	NOUN
cjal-9207	140	108	to	to	PART
cjal-9207	140	109	list	list	VERB
cjal-9207	140	110	in	in	ADP
cjal-9207	140	111	the	the	DET
cjal-9207	140	112	future	future	NOUN
cjal-9207	140	113	.	.	PUNCT
cjal-9207	141	1	see	see	VERB
cjal-9207	141	2	gongsifa	gongsifa	PROPN
cjal-9207	141	3	(	(	PUNCT
cjal-9207	141	4	0ii.l~	0ii.l~	PROPN
cjal-9207	141	5	)	)	PUNCT
cjal-9207	142	1	[	[	X
cjal-9207	142	2	company	company	NOUN
cjal-9207	142	3	law	law	NOUN
cjal-9207	142	4	]	]	PUNCT
cjal-9207	142	5	(	(	PUNCT
cjal-9207	142	6	promulgated	promulgate	VERB
cjal-9207	142	7	by	by	ADP
cjal-9207	142	8	th	th	X
cjal-9207	142	9	e	e	NOUN
cjal-9207	142	10	standing	standing	NOUN
cjal-9207	142	11	comm	comm	NOUN
cjal-9207	142	12	.	.	PUNCT
cjal-9207	143	1	nat'l	nat'l	NOUN
cjal-9207	143	2	people	people	NOUN
cjal-9207	143	3	's	's	PART
cjal-9207	143	4	cong	cong	NOUN
cjal-9207	143	5	.	.	PUNCT
cjal-9207	143	6	,	,	PUNCT
cjal-9207	143	7	_	_	PUNCT
cjal-9207	143	8	dec	dec	PROPN
cjal-9207	143	9	.	.	PROPN
cjal-9207	143	10	29	29	NUM
cjal-9207	143	11	,	,	PUNCT
cjal-9207	143	12	1993	1993	NUM
cjal-9207	143	13	)	)	PUNCT
cjal-9207	143	14	,	,	PUNCT
cjal-9207	143	15	arts	art	NOUN
cjal-9207	143	16	.	.	PUNCT
cjal-9207	144	1	3	3	NUM
cjal-9207	144	2	,	,	PUNCT
cjal-9207	144	3	9	9	NUM
cjal-9207	144	4	,	,	PUNCT
cjal-9207	144	5	19	19	NUM
cjal-9207	144	6	,	,	PUNCT
cjal-9207	144	7	20	20	NUM
cjal-9207	144	8	(	(	PUNCT
cjal-9207	144	9	llc	llc	NOUN
cjal-9207	144	10	form	form	NOUN
cjal-9207	144	11	)	)	PUNCT
cjal-9207	144	12	;	;	PUNCT
cjal-9207	145	1	arts	art	NOUN
cjal-9207	145	2	.	.	PUNCT
cjal-9207	146	1	3	3	NUM
cjal-9207	146	2	,	,	PUNCT
cjal-9207	146	3	73	73	NUM
cjal-9207	146	4	,	,	PUNCT
cjal-9207	146	5	74	74	NUM
cjal-9207	146	6	(	(	PUNCT
cjal-9207	146	7	cls	cls	NOUN
cjal-9207	146	8	form	form	NOUN
cjal-9207	146	9	)	)	PUNCT
cjal-9207	146	10	.	.	PUNCT
cjal-9207	147	1	the	the	DET
cjal-9207	147	2	1993	1993	NUM
cjal-9207	147	3	company	company	NOUN
cjal-9207	147	4	law	law	NOUN
cjal-9207	147	5	was	be	AUX
cjal-9207	147	6	revised	revise	VERB
cjal-9207	147	7	wholesale	wholesale	NOUN
cjal-9207	147	8	in	in	ADP
cjal-9207	147	9	october	october	PROPN
cjal-9207	147	10	2005	2005	NUM
cjal-9207	147	11	,	,	PUNCT
cjal-9207	147	12	and	and	CCONJ
cjal-9207	147	13	limited	limited	ADJ
cjal-9207	147	14	amendments	amendment	NOUN
cjal-9207	147	15	were	be	AUX
cjal-9207	147	16	introduced	introduce	VERB
cjal-9207	147	17	in	in	ADP
cjal-9207	147	18	2013	2013	NUM
cjal-9207	147	19	.	.	PUNCT
cjal-9207	148	1	see	see	VERB
cjal-9207	148	2	gongsifa	gongsifa	PROPN
cjal-9207	148	3	(	(	PUNCT
cjal-9207	148	4	0	0	NUM
cjal-9207	148	5	ii]~	ii]~	NOUN
cjal-9207	148	6	)	)	PUNCT
cjal-9207	149	1	[	[	X
cjal-9207	149	2	company	company	NOUN
cjal-9207	149	3	law	law	NOUN
cjal-9207	149	4	]	]	PUNCT
cjal-9207	149	5	(	(	PUNCT
cjal-9207	149	6	promulgated	promulgate	VERB
cjal-9207	149	7	by	by	ADP
cjal-9207	149	8	the	the	DET
cjal-9207	149	9	standing	standing	NOUN
cjal-9207	149	10	comm	comm	NOUN
cjal-9207	149	11	.	.	PUNCT
cjal-9207	150	1	nat	nat	NOUN
cjal-9207	150	2	'	'	PUNCT
cjal-9207	150	3	!	!	PUNCT
cjal-9207	151	1	people	people	NOUN
cjal-9207	151	2	's	's	PART
cjal-9207	151	3	cong	cong	NOUN
cjal-9207	151	4	.	.	PUNCT
cjal-9207	151	5	oct	oct	PROPN
cjal-9207	151	6	.	.	PROPN
cjal-9207	151	7	27	27	NUM
cjal-9207	151	8	,	,	PUNCT
cjal-9207	151	9	2005	2005	NUM
cjal-9207	151	10	,	,	PUNCT
cjal-9207	151	11	effective	effective	ADJ
cjal-9207	151	12	jan	jan	PROPN
cjal-9207	151	13	.	.	PROPN
cjal-9207	151	14	1	1	NUM
cjal-9207	151	15	,	,	PUNCT
cjal-9207	151	16	200	200	NUM
cjal-9207	151	17	?	?	NUM
cjal-9207	151	18	,	,	PUNCT
cjal-9207	151	19	as	as	SCONJ
cjal-9207	151	20	amended	amend	VERB
cjal-9207	151	21	,	,	PUNCT
cjal-9207	151	22	dec	dec	PROPN
cjal-9207	151	23	.	.	PROPN
cjal-9207	151	24	28	28	NUM
cjal-9207	151	25	'	'	NUM
cjal-9207	151	26	.	.	PUNCT
cjal-9207	152	1	2013	2013	NUM
cjal-9207	152	2	)	)	PUNCT
cjal-9207	153	1	[	[	X
cjal-9207	153	2	hereinafter	hereinafter	NOUN
cjal-9207	153	3	china	china	PROPN
cjal-9207	153	4	company	company	PROPN
cjal-9207	153	5	law	law	PROPN
cjal-9207	153	6	or	or	CCONJ
cjal-9207	153	7	2006	2006	NUM
cjal-9207	153	8	company	company	NOUN
cjal-9207	153	9	law	law	NOUN
cjal-9207	153	10	]	]	PUNCT
cjal-9207	153	11	,	,	PUNCT
cjal-9207	153	12	available	available	ADJ
cjal-9207	153	13	at	at	ADP
cjal-9207	153	14	http://www.fdi.gov.cn/1800000121_39	http://www.fdi.gov.cn/1800000121_39	ADJ
cjal-9207	153	15	_	_	NOUN
cjal-9207	153	16	4814	4814	NUM
cjal-9207	153	17	_	_	NOUN
cjal-9207	153	18	0_7.html	0_7.html	NOUN
cjal-9207	153	19	.	.	PUNCT
cjal-9207	154	1	unless	unless	SCONJ
cjal-9207	154	2	noted	note	VERB
cjal-9207	154	3	otherwise	otherwise	ADV
cjal-9207	154	4	,	,	PUNCT
cjal-9207	154	5	all	all	DET
cjal-9207	154	6	references	reference	NOUN
cjal-9207	154	7	henceforth	henceforth	ADV
cjal-9207	154	8	refer	refer	VERB
cjal-9207	154	9	to	to	ADP
cjal-9207	154	10	the	the	DET
cjal-9207	154	11	2006	2006	NUM
cjal-9207	154	12	company	company	NOUN
cjal-9207	154	13	law	law	NOUN
cjal-9207	154	14	,	,	PUNCT
cjal-9207	154	15	as	as	SCONJ
cjal-9207	154	16	amended	amend	VERB
cjal-9207	154	17	.	.	PUNCT
cjal-9207	155	1	with	with	ADP
cjal-9207	155	2	respect	respect	NOUN
cjal-9207	155	3	to	to	ADP
cjal-9207	155	4	these	these	DET
cjal-9207	155	5	modern	modern	ADJ
cjal-9207	155	6	,	,	PUNCT
cjal-9207	155	7	now	now	ADV
cjal-9207	155	8	legally	legally	ADV
cjal-9207	155	9	established	establish	VERB
cjal-9207	155	10	,	,	PUNCT
cjal-9207	155	11	forms	form	NOUN
cjal-9207	155	12	of	of	ADP
cjal-9207	155	13	organizations	organization	NOUN
cjal-9207	155	14	the	the	DET
cjal-9207	155	15	article	article	NOUN
cjal-9207	155	16	only	only	ADV
cjal-9207	155	17	addresses	address	VERB
cjal-9207	155	18	shareholders	shareholder	NOUN
cjal-9207	155	19	in	in	ADP
cjal-9207	155	20	public	public	ADJ
cjal-9207	155	21	companies	company	NOUN
cjal-9207	155	22	,	,	PUNCT
cjal-9207	155	23	m	m	AUX
cjal-9207	155	24	eaning	eane	VERB
cjal-9207	155	25	,	,	PUNCT
cjal-9207	155	26	shareholders	shareholder	NOUN
cjal-9207	155	27	in	in	ADP
cjal-9207	155	28	clss	clss	NOUN
cjal-9207	155	29	whose	whose	DET
cjal-9207	155	30	shares	share	NOUN
cjal-9207	155	31	are	be	AUX
cjal-9207	155	32	listed	list	VERB
cjal-9207	155	33	for	for	ADP
cjal-9207	155	34	trade	trade	NOUN
cjal-9207	155	35	.	.	PUNCT
cjal-9207	156	1	19see	19see	PROPN
cjal-9207	156	2	donald	donald	PROPN
cjal-9207	156	3	c.	c.	PROPN
cjal-9207	156	4	clarke	clarke	PROPN
cjal-9207	156	5	,	,	PUNCT
cjal-9207	156	6	corporate	corporate	ADJ
cjal-9207	156	7	governance	governance	NOUN
cjal-9207	156	8	in	in	ADP
cjal-9207	156	9	china	china	PROPN
cjal-9207	156	10	:	:	PUNCT
cjal-9207	156	11	an	an	DET
cjal-9207	156	12	overview	overview	NOUN
cjal-9207	156	13	,	,	PUNCT
cjal-9207	156	14	14	14	NUM
cjal-9207	156	15	china	china	PROPN
cjal-9207	156	16	econ	econ	PROPN
cjal-9207	156	17	.	.	PUNCT
cjal-9207	157	1	rev	rev	PROPN
cjal-9207	157	2	.	.	PROPN
cjal-9207	157	3	494	494	NUM
cjal-9207	157	4	,	,	PUNCT
cjal-9207	157	5	496	496	NUM
cjal-9207	157	6	-	-	SYM
cjal-9207	157	7	97	97	NUM
cjal-9207	157	8	(	(	PUNCT
cjal-9207	157	9	2003	2003	NUM
cjal-9207	157	10	)	)	PUNCT
cjal-9207	157	11	.	.	PUNCT
cjal-9207	158	1	20	20	NUM
cjal-9207	158	2	harry	harry	PROPN
cjal-9207	158	3	g.	g.	PROPN
cjal-9207	158	4	broad	broad	PROPN
cjal-9207	158	5	man	man	PROPN
cjal-9207	158	6	,	,	PUNCT
cjal-9207	158	7	the	the	DET
cjal-9207	158	8	business(es	business(es	NOUN
cjal-9207	158	9	)	)	PUNCT
cjal-9207	158	10	of	of	ADP
cjal-9207	158	11	the	the	DET
cjal-9207	158	12	chinese	chinese	ADJ
cjal-9207	158	13	state	state	NOUN
cjal-9207	158	14	,	,	PUNCT
cjal-9207	158	15	24	24	NUM
cjal-9207	158	16	world	world	NOUN
cjal-9207	158	17	economy	economy	NOUN
cjal-9207	158	18	849	849	NUM
cjal-9207	158	19	8~1	8~1	NUM
cjal-9207	158	20	-	-	SYM
cjal-9207	158	21	64	64	NUM
cjal-9207	158	22	(	(	PUNCT
cjal-9207	158	23	2?01	2?01	NUM
cjal-9207	158	24	)	)	PUNCT
cjal-9207	158	25	.	.	PUNCT
cjal-9207	159	1	for	for	ADP
cjal-9207	159	2	an	an	DET
cjal-9207	159	3	extensive	extensive	ADJ
cjal-9207	159	4	analysis	analysis	NOUN
cjal-9207	159	5	of	of	ADP
cjal-9207	159	6	chinese	chinese	ADJ
cjal-9207	159	7	~isted	~iste	VERB
cjal-9207	159	8	firms	firm	NOUN
cjal-9207	159	9	'	'	PART
cjal-9207	159	10	group	group	NOUN
cjal-9207	159	11	formation	formation	NOUN
cjal-9207	159	12	see	see	VERB
cjal-9207	159	13	,	,	PUNCT
cjal-9207	159	14	e.g.	e.g.	ADV
cjal-9207	159	15	'	'	PUNCT
cjal-9207	159	16	.	.	PUNCT
cjal-9207	160	1	li	li	PROPN
cjal-9207	160	2	-	-	PUNCT
cjal-9207	160	3	wen~	wen~	PROPN
cjal-9207	160	4	&	&	CCONJ
cjal-9207	160	5	curtis	curtis	PROPN
cjal-9207	160	6	j.	j.	PROPN
cjal-9207	160	7	~aup_t	~aup_t	PROPN
cjal-9207	160	8	,	,	PUNCT
cjal-9207	160	9	we_are	we_are	VERB
cjal-9207	160	10	the	the	DET
cjal-9207	160	11	(	(	PUNCT
cjal-9207	160	12	national	national	ADJ
cjal-9207	160	13	)	)	PUNCT
cjal-9207	160	14	champions	champion	NOUN
cjal-9207	160	15	:	:	PUNCT
cjal-9207	160	16	understanding	understand	VERB
cjal-9207	160	17	the	the	DET
cjal-9207	160	18	mechanisms	mechanism	NOUN
cjal-9207	160	19	of	of	ADP
cjal-9207	160	20	state	state	NOUN
cjal-9207	160	21	capitalism	capitalism	NOUN
cjal-9207	160	22	in	in	ADP
cjal-9207	160	23	china	china	PROPN
cjal-9207	160	24	,	,	PUNCT
cjal-9207	160	25	65	65	NUM
cjal-9207	160	26	stan	stan	PROPN
cjal-9207	160	27	.	.	PUNCT
cjal-9207	161	1	l.	l.	PROPN
cjal-9207	161	2	rev	rev	PROPN
cjal-9207	161	3	.	.	PROPN
cjal-9207	162	1	697	697	NUM
cjal-9207	162	2	(	(	PUNCT
cjal-9207	162	3	2013	2013	NUM
cjal-9207	162	4	)	)	PUNCT
cjal-9207	162	5	.	.	PUNCT
cjal-9207	163	1	21	21	NUM
cjal-9207	163	2	lin	lin	PROPN
cjal-9207	163	3	and	and	CCONJ
cjal-9207	163	4	milhaupt	milhaupt	ADJ
cjal-9207	163	5	,	,	PUNCT
cjal-9207	163	6	supra	supra	ADJ
cjal-9207	163	7	note	note	NOUN
cjal-9207	163	8	20	20	NUM
cjal-9207	163	9	,	,	PUNCT
cjal-9207	163	10	at	at	ADP
cjal-9207	163	11	716	716	NUM
cjal-9207	163	12	,	,	PUNCT
cjal-9207	163	13	734	734	NUM
cjal-9207	163	14	-	-	SYM
cjal-9207	163	15	36	36	NUM
cjal-9207	163	16	.	.	X
cjal-9207	163	17	2016	2016	NUM
cjal-9207	163	18	]	]	PUNCT
cjal-9207	163	19	minority	minority	NOUN
cjal-9207	163	20	public	public	ADJ
cjal-9207	163	21	shareholders	shareholder	NOUN
cjal-9207	163	22	in	in	ADP
cjal-9207	163	23	china	china	PROPN
cjal-9207	163	24	9	9	NUM
cjal-9207	163	25	which	which	PRON
cjal-9207	163	26	,	,	PUNCT
cjal-9207	163	27	starting	start	VERB
cjal-9207	163	28	in	in	ADP
cjal-9207	163	29	the	the	DET
cjal-9207	163	30	early	early	ADJ
cjal-9207	163	31	1990s	1990	NOUN
cjal-9207	163	32	,	,	PUNCT
cjal-9207	163	33	accessed	access	VERB
cjal-9207	163	34	domestic	domestic	ADJ
cjal-9207	163	35	and	and	CCONJ
cjal-9207	163	36	global	global	ADJ
cjal-9207	163	37	capital	capital	NOUN
cjal-9207	163	38	markets	market	NOUN
cjal-9207	163	39	,	,	PUNCT
cjal-9207	163	40	even	even	ADV
cjal-9207	163	41	while	while	SCONJ
cjal-9207	163	42	an	an	DET
cjal-9207	163	43	absolute	absolute	ADJ
cjal-9207	163	44	control	control	NOUN
cjal-9207	163	45	portion	portion	NOUN
cjal-9207	163	46	of	of	ADP
cjal-9207	163	47	the	the	DET
cjal-9207	163	48	new	new	ADJ
cjal-9207	163	49	corporation	corporation	NOUN
cjal-9207	163	50	's	's	PART
cjal-9207	163	51	shares	share	NOUN
cjal-9207	163	52	continued	continue	VERB
cjal-9207	163	53	to	to	PART
cjal-9207	163	54	be	be	AUX
cjal-9207	163	55	held	hold	VERB
cjal-9207	163	56	by	by	ADP
cjal-9207	163	57	the	the	DET
cjal-9207	163	58	state	state	NOUN
cjal-9207	163	59	or	or	CCONJ
cjal-9207	163	60	state	state	NOUN
cjal-9207	163	61	proxies	proxy	NOUN
cjal-9207	163	62	?	?	PUNCT
cjal-9207	164	1	2	2	NUM
cjal-9207	164	2	the	the	DET
cjal-9207	164	3	chinese	chinese	ADJ
cjal-9207	164	4	corporatization	corporatization	NOUN
cjal-9207	164	5	without	without	ADP
cjal-9207	164	6	privatization	privatization	NOUN
cjal-9207	164	7	process	process	NOUN
cjal-9207	164	8	therefore	therefore	ADV
cjal-9207	164	9	enabled	enable	VERB
cjal-9207	164	10	the	the	DET
cjal-9207	164	11	prc	prc	PROPN
cjal-9207	164	12	party	party	NOUN
cjal-9207	164	13	-	-	PUNCT
cjal-9207	164	14	state	state	NOUN
cjal-9207	164	15	to	to	PART
cjal-9207	164	16	raise	raise	VERB
cjal-9207	164	17	much	much	ADV
cjal-9207	164	18	needed	need	VERB
cjal-9207	164	19	capital	capital	NOUN
cjal-9207	164	20	,	,	PUNCT
cjal-9207	164	21	while	while	SCONJ
cjal-9207	164	22	increasing	increase	VERB
cjal-9207	164	23	the	the	DET
cjal-9207	164	24	pool	pool	NOUN
cjal-9207	164	25	of	of	ADP
cjal-9207	164	26	assets	asset	NOUN
cjal-9207	164	27	under	under	ADP
cjal-9207	164	28	its	its	PRON
cjal-9207	164	29	control	control	NOUN
cjal-9207	164	30	?	?	PUNCT
cjal-9207	165	1	3	3	NUM
cjal-9207	165	2	furthermore	furthermore	ADV
cjal-9207	165	3	,	,	PUNCT
cjal-9207	165	4	until	until	ADP
cjal-9207	165	5	2005	2005	NUM
cjal-9207	165	6	,	,	PUNCT
cjal-9207	165	7	shares	share	NOUN
cjal-9207	165	8	held	hold	VERB
cjal-9207	165	9	directly	directly	ADV
cjal-9207	165	10	or	or	CCONJ
cjal-9207	165	11	indirectly	indirectly	ADV
cjal-9207	165	12	by	by	ADP
cjal-9207	165	13	the	the	DET
cjal-9207	165	14	state	state	NOUN
cjal-9207	165	15	were	be	AUX
cjal-9207	165	16	legally	legally	ADV
cjal-9207	165	17	prohibited	prohibit	VERB
cjal-9207	165	18	from	from	ADP
cjal-9207	165	19	being	be	AUX
cjal-9207	165	20	traded	trade	VERB
cjal-9207	165	21	.	.	PUNCT
cjal-9207	166	1	24	24	NUM
cjal-9207	166	2	thus	thus	ADV
cjal-9207	166	3	,	,	PUNCT
cjal-9207	166	4	enterprises	enterprise	NOUN
cjal-9207	166	5	under	under	ADP
cjal-9207	166	6	party	party	NOUN
cjal-9207	166	7	-	-	PUNCT
cjal-9207	166	8	state	state	NOUN
cjal-9207	166	9	control	control	NOUN
cjal-9207	166	10	were	be	AUX
cjal-9207	166	11	able	able	ADJ
cjal-9207	166	12	to	to	PART
cjal-9207	166	13	raise	raise	VERB
cjal-9207	166	14	extremely	extremely	ADV
cjal-9207	166	15	passive	passive	ADJ
cjal-9207	166	16	and/or	and/or	CCONJ
cjal-9207	166	17	disempowered	disempowered	ADJ
cjal-9207	166	18	capital	capital	NOUN
cjal-9207	166	19	,	,	PUNCT
cjal-9207	166	20	without	without	ADP
cjal-9207	166	21	any	any	DET
cjal-9207	166	22	diminution	diminution	NOUN
cjal-9207	166	23	of	of	ADP
cjal-9207	166	24	the	the	DET
cjal-9207	166	25	party	party	NOUN
cjal-9207	166	26	-	-	PUNCT
cjal-9207	166	27	state	state	NOUN
cjal-9207	166	28	's	's	PART
cjal-9207	166	29	total	total	ADJ
cjal-9207	166	30	governance	governance	NOUN
cjal-9207	166	31	authority	authority	NOUN
cjal-9207	166	32	over	over	ADP
cjal-9207	166	33	the	the	DET
cjal-9207	166	34	state	state	NOUN
cjal-9207	166	35	assets	asset	NOUN
cjal-9207	166	36	now	now	ADV
cjal-9207	166	37	formally	formally	ADV
cjal-9207	166	38	owned	own	VERB
cjal-9207	166	39	by	by	ADP
cjal-9207	166	40	modern	modern	ADJ
cjal-9207	166	41	corporate	corporate	ADJ
cjal-9207	166	42	entities	entity	NOUN
cjal-9207	166	43	.	.	PUNCT
cjal-9207	167	1	25	25	NUM
cjal-9207	167	2	even	even	ADV
cjal-9207	167	3	after	after	ADP
cjal-9207	167	4	further	further	ADJ
cjal-9207	167	5	legal	legal	ADJ
cjal-9207	167	6	and	and	CCONJ
cjal-9207	167	7	market	market	NOUN
cjal-9207	167	8	developments	development	NOUN
cjal-9207	167	9	in	in	ADP
cjal-9207	167	10	the	the	DET
cjal-9207	167	11	decades	decade	NOUN
cjal-9207	167	12	that	that	PRON
cjal-9207	167	13	followed	follow	VERB
cjal-9207	167	14	,	,	PUNCT
cjal-9207	167	15	such	such	ADJ
cjal-9207	167	16	as	as	ADP
cjal-9207	167	17	the	the	DET
cjal-9207	167	18	2005	2005	NUM
cjal-9207	167	19	"	"	PUNCT
cjal-9207	167	20	split	split	ADJ
cjal-9207	167	21	share	share	NOUN
cjal-9207	167	22	structure	structure	NOUN
cjal-9207	167	23	reform	reform	NOUN
cjal-9207	167	24	"	"	PUNCT
cjal-9207	167	25	(	(	PUNCT
cjal-9207	167	26	which	which	PRON
cjal-9207	167	27	permitted	permit	VERB
cjal-9207	167	28	the	the	DET
cjal-9207	167	29	trading	trading	NOUN
cjal-9207	167	30	of	of	ADP
cjal-9207	167	31	formerly	formerly	ADV
cjal-9207	167	32	untradeable	untradeable	ADJ
cjal-9207	167	33	state	state	NOUN
cjal-9207	167	34	shares	share	NOUN
cjal-9207	167	35	)	)	PUNCT
cjal-9207	167	36	,	,	PUNCT
cjal-9207	167	37	26	26	NUM
cjal-9207	167	38	and	and	CCONJ
cjal-9207	167	39	a	a	DET
cjal-9207	167	40	more	more	ADV
cjal-9207	167	41	recent	recent	ADJ
cjal-9207	167	42	wave	wave	NOUN
cjal-9207	167	43	of	of	ADP
cjal-9207	167	44	m&a	m&a	PROPN
cjal-9207	167	45	activity	activity	NOUN
cjal-9207	167	46	(	(	PUNCT
cjal-9207	167	47	framed	frame	VERB
cjal-9207	167	48	by	by	ADP
cjal-9207	167	49	some	some	DET
cjal-9207	167	50	scholars	scholar	NOUN
cjal-9207	167	51	as	as	ADP
cjal-9207	167	52	part	part	NOUN
cjal-9207	167	53	of	of	ADP
cjal-9207	167	54	a	a	DET
cjal-9207	167	55	privatization	privatization	NOUN
cjal-9207	167	56	process	process	NOUN
cjal-9207	167	57	)	)	PUNCT
cjal-9207	167	58	,	,	PUNCT
cjal-9207	167	59	27	27	NUM
cjal-9207	167	60	ultimate	ultimate	ADJ
cjal-9207	167	61	party	party	NOUN
cjal-9207	167	62	-	-	PUNCT
cjal-9207	167	63	state	state	NOUN
cjal-9207	167	64	control	control	NOUN
cjal-9207	167	65	remained	remain	VERB
cjal-9207	167	66	and	and	CCONJ
cjal-9207	167	67	is	be	AUX
cjal-9207	167	68	still	still	ADV
cjal-9207	167	69	prevalent	prevalent	ADJ
cjal-9207	167	70	.	.	PUNCT
cjal-9207	168	1	now	now	ADV
cjal-9207	168	2	such	such	ADJ
cjal-9207	168	3	control	control	NOUN
cjal-9207	168	4	is	be	AUX
cjal-9207	168	5	increasingly	increasingly	ADV
cjal-9207	168	6	maintained	maintain	VERB
cjal-9207	168	7	through	through	ADP
cjal-9207	168	8	groups	group	NOUN
cjal-9207	168	9	of	of	ADP
cjal-9207	168	10	holding	hold	VERB
cjal-9207	168	11	companies	company	NOUN
cjal-9207	168	12	at	at	ADP
cjal-9207	168	13	the	the	DET
cjal-9207	168	14	top	top	NOUN
cjal-9207	168	15	of	of	ADP
cjal-9207	168	16	traditional	traditional	ADJ
cjal-9207	168	17	pyramid	pyramid	NOUN
cjal-9207	168	18	structures	structure	NOUN
cjal-9207	168	19	and	and	CCONJ
cjal-9207	168	20	extending	extend	VERB
cjal-9207	168	21	down	down	ADP
cjal-9207	168	22	to	to	ADP
cjal-9207	168	23	listed	list	VERB
cjal-9207	168	24	companies	company	NOUN
cjal-9207	168	25	with	with	ADP
cjal-9207	168	26	a	a	DET
cjal-9207	168	27	public	public	ADJ
cjal-9207	168	28	float.28	float.28	NOUN
cjal-9207	168	29	as	as	ADP
cjal-9207	168	30	the	the	DET
cjal-9207	168	31	dominant	dominant	ADJ
cjal-9207	168	32	shareholders	shareholder	NOUN
cjal-9207	168	33	,	,	PUNCT
cjal-9207	168	34	and	and	CCONJ
cjal-9207	168	35	beyond	beyond	ADP
cjal-9207	168	36	direct	direct	ADJ
cjal-9207	168	37	ownership	ownership	NOUN
cjal-9207	168	38	,	,	PUNCT
cjal-9207	168	39	partystate	partystate	NOUN
cjal-9207	168	40	institutions	institution	NOUN
cjal-9207	168	41	retain	retain	VERB
cjal-9207	168	42	the	the	DET
cjal-9207	168	43	ability	ability	NOUN
cjal-9207	168	44	to	to	PART
cjal-9207	168	45	appoint	appoint	VERB
cjal-9207	168	46	group	group	NOUN
cjal-9207	168	47	and	and	CCONJ
cjal-9207	168	48	subsidiary	subsidiary	NOUN
cjal-9207	168	49	company	company	NOUN
cjal-9207	168	50	management	management	NOUN
cjal-9207	168	51	,	,	PUNCT
cjal-9207	168	52	and	and	CCONJ
cjal-9207	168	53	most	most	ADV
cjal-9207	168	54	often	often	ADV
cjal-9207	168	55	place	place	VERB
cjal-9207	168	56	party	party	NOUN
cjal-9207	168	57	members	member	NOUN
cjal-9207	168	58	(	(	PUNCT
cjal-9207	168	59	advancing	advance	VERB
cjal-9207	168	60	through	through	ADP
cjal-9207	168	61	a	a	DET
cjal-9207	168	62	parallel	parallel	ADJ
cjal-9207	168	63	party	party	NOUN
cjal-9207	168	64	nomenklatura	nomenklatura	NOUN
cjal-9207	168	65	system	system	NOUN
cjal-9207	168	66	)	)	PUNCT
cjal-9207	168	67	as	as	ADP
cjal-9207	168	68	directors	director	NOUN
cjal-9207	168	69	,	,	PUNCT
cjal-9207	168	70	supervisory	supervisory	NOUN
cjal-9207	168	71	22	22	NUM
cjal-9207	168	72	see	see	VERB
cjal-9207	168	73	yingyi	yingyi	PROPN
cjal-9207	168	74	qian	qian	PROPN
cjal-9207	168	75	,	,	PUNCT
cjal-9207	168	76	reforming	reform	VERB
cjal-9207	168	77	corporate	corporate	ADJ
cjal-9207	168	78	governance	governance	NOUN
cjal-9207	168	79	and	and	CCONJ
cjal-9207	168	80	finance	finance	NOUN
cjal-9207	168	81	in	in	ADP
cjal-9207	168	82	china	china	PROPN
cjal-9207	168	83	,	,	PUNCT
cjal-9207	168	84	in	in	ADP
cjal-9207	168	85	corporate	corporate	ADJ
cjal-9207	168	86	governance	governance	NOUN
cjal-9207	168	87	in	in	ADP
cjal-9207	168	88	transitional	transitional	ADJ
cjal-9207	168	89	economies	economy	NOUN
cjal-9207	168	90	,	,	PUNCT
cjal-9207	168	91	supra	supra	PROPN
cjal-9207	168	92	note	note	NOUN
cjal-9207	168	93	13	13	NUM
cjal-9207	168	94	,	,	PUNCT
cjal-9207	168	95	at	at	ADP
cjal-9207	168	96	215	215	NUM
cjal-9207	168	97	,	,	PUNCT
cjal-9207	168	98	217	217	NUM
cjal-9207	168	99	.	.	PUNCT
cjal-9207	169	1	21	21	NUM
cjal-9207	169	2	see	see	VERB
cjal-9207	169	3	clarke	clarke	PROPN
cjal-9207	169	4	,	,	PUNCT
cjal-9207	169	5	supra	supra	PROPN
cjal-9207	169	6	note	note	PROPN
cjal-9207	169	7	19	19	NUM
cjal-9207	169	8	,	,	PUNCT
cjal-9207	169	9	at	at	ADP
cjal-9207	169	10	496	496	NUM
cjal-9207	169	11	-	-	SYM
cjal-9207	169	12	97	97	NUM
cjal-9207	169	13	.	.	PUNCT
cjal-9207	170	1	"	"	PUNCT
cjal-9207	170	2	"	"	PUNCT
cjal-9207	170	3	this	this	PRON
cjal-9207	170	4	changed	change	VERB
cjal-9207	170	5	only	only	ADV
cjal-9207	170	6	during	during	ADP
cjal-9207	170	7	the	the	DET
cjal-9207	170	8	"	"	PUNCT
cjal-9207	170	9	split	split	ADJ
cjal-9207	170	10	-	-	PUNCT
cjal-9207	170	11	share	share	NOUN
cjal-9207	170	12	structure	structure	NOUN
cjal-9207	170	13	reform	reform	NOUN
cjal-9207	170	14	"	"	PUNCT
cjal-9207	170	15	starting	start	VERB
cjal-9207	170	16	in	in	ADP
cjal-9207	170	17	may	may	PROPN
cjal-9207	170	18	2005	2005	NUM
cjal-9207	170	19	.	.	PUNCT
cjal-9207	171	1	wenxuan	wenxuan	PROPN
cjal-9207	171	2	hou	hou	PROPN
cjal-9207	171	3	&	&	CCONJ
cjal-9207	171	4	edward	edward	PROPN
cjal-9207	171	5	lee	lee	PROPN
cjal-9207	171	6	,	,	PUNCT
cjal-9207	171	7	split	split	VERB
cjal-9207	171	8	share	share	NOUN
cjal-9207	171	9	structure	structure	NOUN
cjal-9207	171	10	reform	reform	NOUN
cjal-9207	171	11	,	,	PUNCT
cjal-9207	171	12	corporate	corporate	ADJ
cjal-9207	171	13	governance	governance	NOUN
cjal-9207	171	14	,	,	PUNCT
cjal-9207	171	15	and	and	CCONJ
cjal-9207	171	16	the	the	DET
cjal-9207	171	17	foreign	foreign	ADJ
cjal-9207	171	18	shore	shore	NOUN
cjal-9207	171	19	discount	discount	NOUN
cjal-9207	171	20	puzzle	puzzle	NOUN
cjal-9207	171	21	in	in	ADP
cjal-9207	171	22	china	china	PROPN
cjal-9207	171	23	,	,	PUNCT
cjal-9207	171	24	20	20	NUM
cjal-9207	171	25	euro	euro	NOUN
cjal-9207	171	26	.	.	PUNCT
cjal-9207	172	1	j.	j.	PROPN
cjal-9207	172	2	of	of	ADP
cjal-9207	172	3	fin	fin	PROPN
cjal-9207	172	4	.	.	PUNCT
cjal-9207	173	1	703	703	NUM
cjal-9207	173	2	,	,	PUNCT
cjal-9207	173	3	709	709	NUM
cjal-9207	173	4	-	-	SYM
cjal-9207	173	5	710	710	NUM
cjal-9207	173	6	(	(	PUNCT
cjal-9207	173	7	2014	2014	NUM
cjal-9207	173	8	)	)	PUNCT
cjal-9207	173	9	.	.	PUNCT
cjal-9207	174	1	25	25	NUM
cjal-9207	174	2	nicholas	nicholas	PROPN
cjal-9207	174	3	c.	c.	PROPN
cjal-9207	174	4	howson	howson	PROPN
cjal-9207	174	5	,	,	PUNCT
cjal-9207	174	6	protecting	protect	VERB
cjal-9207	174	7	the	the	DET
cjal-9207	174	8	state	state	NOUN
cjal-9207	174	9	from	from	ADP
cjal-9207	174	10	itself	itself	PRON
cjal-9207	174	11	?	?	PUNCT
cjal-9207	174	12	:	:	PUNCT
cjal-9207	174	13	regulatory	regulatory	ADJ
cjal-9207	174	14	interventions	intervention	NOUN
cjal-9207	174	15	in	in	ADP
cjal-9207	174	16	corporate	corporate	ADJ
cjal-9207	174	17	governance	governance	NOUN
cjal-9207	174	18	and	and	CCONJ
cjal-9207	174	19	the	the	DET
cjal-9207	174	20	financing	financing	NOUN
cjal-9207	174	21	of	of	ADP
cjal-9207	174	22	china	china	PROPN
cjal-9207	174	23	's	's	PART
cjal-9207	174	24	'	'	PUNCT
cjal-9207	174	25	state	state	NOUN
cjal-9207	174	26	capitalism	capitalism	NOUN
cjal-9207	174	27	'	'	PUNCT
cjal-9207	174	28	,	,	PUNCT
cjal-9207	174	29	in	in	ADP
cjal-9207	174	30	regulating	regulate	VERB
cjal-9207	174	31	the	the	DET
cjal-9207	174	32	visible	visible	ADJ
cjal-9207	174	33	hand	hand	NOUN
cjal-9207	174	34	?	?	PUNCT
cjal-9207	174	35	:	:	PUNCT
cjal-9207	174	36	the	the	DET
cjal-9207	174	37	institutional	institutional	ADJ
cjal-9207	174	38	implications	implication	NOUN
cjal-9207	174	39	of	of	ADP
cjal-9207	174	40	chinese	chinese	ADJ
cjal-9207	174	41	state	state	NOUN
cjal-9207	174	42	capitalism	capitalism	NOUN
cjal-9207	174	43	49	49	NUM
cjal-9207	174	44	,	,	PUNCT
cjal-9207	174	45	52	52	NUM
cjal-9207	174	46	,	,	PUNCT
cjal-9207	174	47	67	67	NUM
cjal-9207	174	48	(	(	PUNCT
cjal-9207	174	49	benjamin	benjamin	PROPN
cjal-9207	174	50	l.	l.	PROPN
cjal-9207	174	51	liebman	liebman	PROPN
cjal-9207	174	52	&	&	CCONJ
cjal-9207	174	53	curtis	curtis	PROPN
cjal-9207	174	54	j.	j.	PROPN
cjal-9207	174	55	milhaupt	milhaupt	PROPN
cjal-9207	174	56	eds	eds	PROPN
cjal-9207	174	57	.	.	PROPN
cjal-9207	174	58	,	,	PUNCT
cjal-9207	174	59	2015	2015	NUM
cjal-9207	174	60	)	)	PUNCT
cjal-9207	174	61	;	;	PUNCT
cjal-9207	174	62	joseph	joseph	PROPN
cjal-9207	174	63	p.h	p.h	PROPN
cjal-9207	174	64	.	.	PROPN
cjal-9207	174	65	fan	fan	PROPN
cjal-9207	174	66	et	et	PROPN
cjal-9207	174	67	al	al	PROPN
cjal-9207	174	68	.	.	PROPN
cjal-9207	174	69	,	,	PUNCT
cjal-9207	174	70	the	the	DET
cjal-9207	174	71	emergence	emergence	NOUN
cjal-9207	174	72	of	of	ADP
cjal-9207	174	73	corporate	corporate	ADJ
cjal-9207	174	74	pyramids	pyramid	NOUN
cjal-9207	174	75	in	in	ADP
cjal-9207	174	76	china	china	PROPN
cjal-9207	174	77	(	(	PUNCT
cjal-9207	174	78	feb	feb	PROPN
cjal-9207	174	79	.	.	PROPN
cjal-9207	174	80	2005	2005	NUM
cjal-9207	174	81	)	)	PUNCT
cjal-9207	174	82	(	(	PUNCT
cjal-9207	174	83	unpublished	unpublished	ADJ
cjal-9207	174	84	manuscript	manuscript	NOUN
cjal-9207	174	85	)	)	PUNCT
cjal-9207	174	86	,	,	PUNCT
cjal-9207	174	87	http://ssrn.com/abstract=686582	http://ssrn.com/abstract=686582	NOUN
cjal-9207	174	88	.	.	X
cjal-9207	174	89	more	more	ADV
cjal-9207	174	90	generally	generally	ADV
cjal-9207	174	91	on	on	ADP
cjal-9207	174	92	the	the	DET
cjal-9207	174	93	corporatization	corporatization	NOUN
cjal-9207	174	94	period	period	NOUN
cjal-9207	174	95	,	,	PUNCT
cjal-9207	174	96	see	see	VERB
cjal-9207	174	97	fang	fang	PROPN
cjal-9207	174	98	liufang	liufang	PROPN
cjal-9207	174	99	,	,	PUNCT
cjal-9207	174	100	china	china	PROPN
cjal-9207	174	101	's	's	PART
cjal-9207	174	102	corporatization	corporatization	NOUN
cjal-9207	174	103	experiment	experiment	NOUN
cjal-9207	174	104	,	,	PUNCT
cjal-9207	174	105	5	5	NUM
cjal-9207	174	106	duke	duke	PROPN
cjal-9207	174	107	j.	j.	PROPN
cjal-9207	174	108	comp	comp	PROPN
cjal-9207	174	109	.	.	PUNCT
cjal-9207	174	110	&	&	CCONJ
cjal-9207	174	111	!	!	PUNCT
cjal-9207	175	1	n"t'l	n"t'l	PROPN
cjal-9207	175	2	l.	l.	PROPN
cjal-9207	175	3	149	149	NUM
cjal-9207	175	4	,	,	PUNCT
cjal-9207	175	5	224	224	NUM
cjal-9207	175	6	-	-	SYM
cjal-9207	175	7	28	28	NUM
cjal-9207	175	8	(	(	PUNCT
cjal-9207	175	9	1994	1994	NUM
cjal-9207	175	10	)	)	PUNCT
cjal-9207	175	11	.	.	PUNCT
cjal-9207	176	1	26	26	NUM
cjal-9207	176	2	michael	michael	PROPN
cjal-9207	176	3	firth	firth	PROPN
cjal-9207	176	4	et	et	PROPN
cjal-9207	176	5	al	al	PROPN
cjal-9207	176	6	.	.	PROPN
cjal-9207	176	7	,	,	PUNCT
cjal-9207	176	8	friend	friend	NOUN
cjal-9207	176	9	or	or	CCONJ
cjal-9207	176	10	foe	foe	NOUN
cjal-9207	176	11	?	?	PUNCT
cjal-9207	177	1	the	the	DET
cjal-9207	177	2	role	role	NOUN
cjal-9207	177	3	of	of	ADP
cjal-9207	177	4	state	state	NOUN
cjal-9207	177	5	and	and	CCONJ
cjal-9207	177	6	mutual	mutual	ADJ
cjal-9207	177	7	fund	fund	NOUN
cjal-9207	177	8	ownership	ownership	NOUN
cjal-9207	177	9	in	in	ADP
cjal-9207	177	10	the	the	DET
cjal-9207	177	11	split	split	ADJ
cjal-9207	177	12	share	share	NOUN
cjal-9207	177	13	structure	structure	NOUN
cjal-9207	177	14	reform	reform	NOUN
cjal-9207	177	15	in	in	ADP
cjal-9207	177	16	china	china	PROPN
cjal-9207	177	17	,	,	PUNCT
cjal-9207	177	18	45	45	NUM
cjal-9207	177	19	j.	j.	PROPN
cjal-9207	177	20	fin	fin	PROPN
cjal-9207	177	21	.	.	PUNCT
cjal-9207	177	22	&	&	CCONJ
cjal-9207	177	23	quantitative	quantitative	ADJ
cjal-9207	177	24	analysis	analysis	NOUN
cjal-9207	177	25	685	685	NUM
cjal-9207	177	26	(	(	PUNCT
cjal-9207	177	27	2010	2010	NUM
cjal-9207	177	28	)	)	PUNCT
cjal-9207	177	29	.	.	PUNCT
cjal-9207	178	1	27	27	NUM
cjal-9207	178	2	gregory	gregory	PROPN
cjal-9207	178	3	c.	c.	PROPN
cjal-9207	178	4	chow	chow	PROPN
cjal-9207	178	5	,	,	PUNCT
cjal-9207	178	6	china	china	PROPN
cjal-9207	178	7	's	's	PART
cjal-9207	178	8	economic	economic	ADJ
cjal-9207	178	9	transformation	transformation	NOUN
cjal-9207	178	10	83	83	NUM
cjal-9207	178	11	-	-	SYM
cjal-9207	178	12	86	86	NUM
cjal-9207	178	13	,	,	PUNCT
cjal-9207	178	14	268	268	NUM
cjal-9207	178	15	-	-	SYM
cjal-9207	178	16	280	280	NUM
cjal-9207	178	17	(	(	PUNCT
cjal-9207	178	18	2d	2d	NUM
cjal-9207	178	19	ed	ed	NOUN
cjal-9207	178	20	.	.	PROPN
cjal-9207	178	21	2007	2007	NUM
cjal-9207	178	22	)	)	PUNCT
cjal-9207	178	23	(	(	PUNCT
cjal-9207	178	24	on	on	ADP
cjal-9207	178	25	the	the	DET
cjal-9207	178	26	growth	growth	NOUN
cjal-9207	178	27	of	of	ADP
cjal-9207	178	28	the	the	DET
cjal-9207	178	29	non	non	ADJ
cjal-9207	178	30	-	-	ADJ
cjal-9207	178	31	state	state	ADJ
cjal-9207	178	32	sector	sector	NOUN
cjal-9207	178	33	)	)	PUNCT
cjal-9207	178	34	;	;	PUNCT
cjal-9207	178	35	going	go	VERB
cjal-9207	178	36	private	private	ADJ
cjal-9207	178	37	in	in	ADP
cjal-9207	178	38	china	china	PROPN
cjal-9207	178	39	:	:	PUNCT
cjal-9207	178	40	the	the	DET
cjal-9207	178	41	politics	politic	NOUN
cjal-9207	178	42	of	of	ADP
cjal-9207	178	43	corporate	corporate	ADJ
cjal-9207	178	44	restructuring	restructuring	NOUN
cjal-9207	178	45	and	and	CCONJ
cjal-9207	178	46	system	system	NOUN
cjal-9207	178	47	reform	reform	NOUN
cjal-9207	178	48	in	in	ADP
cjal-9207	178	49	the	the	DET
cjal-9207	178	50	prc	prc	PROPN
cjal-9207	178	51	(	(	PUNCT
cjal-9207	178	52	jean	jean	PROPN
cjal-9207	178	53	c.	c.	PROPN
cjal-9207	178	54	oi	oi	PROPN
cjal-9207	178	55	ed	ed	PROPN
cjal-9207	178	56	.	.	PROPN
cjal-9207	178	57	,	,	PUNCT
cjal-9207	178	58	2011	2011	NUM
cjal-9207	178	59	)	)	PUNCT
cjal-9207	178	60	;	;	PUNCT
cjal-9207	178	61	nicholas	nicholas	PROPN
cjal-9207	178	62	r.	r.	PROPN
cjal-9207	178	63	lardy	lardy	PROPN
cjal-9207	178	64	,	,	PUNCT
cjal-9207	178	65	markets	market	NOUN
cjal-9207	178	66	over	over	ADP
cjal-9207	178	67	mao	mao	PROPN
cjal-9207	178	68	:	:	PUNCT
cjal-9207	178	69	the	the	DET
cjal-9207	178	70	rise	rise	NOUN
cjal-9207	178	71	of	of	ADP
cjal-9207	178	72	private	private	ADJ
cjal-9207	178	73	business	business	NOUN
cjal-9207	178	74	in	in	ADP
cjal-9207	178	75	china	china	PROPN
cjal-9207	178	76	45	45	NUM
cjal-9207	178	77	-	-	SYM
cjal-9207	178	78	46	46	NUM
cjal-9207	178	79	,	,	PUNCT
cjal-9207	178	80	59	59	NUM
cjal-9207	178	81	-	-	SYM
cjal-9207	178	82	123	123	NUM
cjal-9207	178	83	(	(	PUNCT
cjal-9207	178	84	2014	2014	NUM
cjal-9207	178	85	)	)	PUNCT
cjal-9207	178	86	.	.	PUNCT
cjal-9207	179	1	28	28	NUM
cjal-9207	179	2	for	for	ADP
cjal-9207	179	3	pyramid	pyramid	NOUN
cjal-9207	179	4	structures	structure	NOUN
cjal-9207	179	5	in	in	ADP
cjal-9207	179	6	china	china	PROPN
cjal-9207	179	7	,	,	PUNCT
cjal-9207	179	8	see	see	VERB
cjal-9207	179	9	guy	guy	PROPN
cjal-9207	179	10	s.	s.	PROPN
cjal-9207	179	11	liu	liu	PROPN
cjal-9207	179	12	&	&	CCONJ
cjal-9207	179	13	pei	pei	PROPN
cjal-9207	179	14	sun	sun	PROPN
cjal-9207	179	15	,	,	PUNCT
cjal-9207	179	16	the	the	DET
cjal-9207	179	17	class	class	NOUN
cjal-9207	179	18	of	of	ADP
cjal-9207	179	19	shareholdings	shareholding	NOUN
cjal-9207	179	20	and	and	CCONJ
cjal-9207	179	21	its	its	PRON
cjal-9207	179	22	impacts	impact	NOUN
cjal-9207	179	23	on	on	ADP
cjal-9207	179	24	corporate	corporate	ADJ
cjal-9207	179	25	performance	performance	NOUN
cjal-9207	179	26	:	:	PUNCT
cjal-9207	179	27	a	a	DET
cjal-9207	179	28	case	case	NOUN
cjal-9207	179	29	of	of	ADP
cjal-9207	179	30	state	state	NOUN
cjal-9207	179	31	shareholding	shareholding	NOUN
cjal-9207	179	32	composition	composition	NOUN
cjal-9207	179	33	in	in	ADP
cjal-9207	179	34	chinese	chinese	ADJ
cjal-9207	179	35	public	public	ADJ
cjal-9207	179	36	corporations	corporation	NOUN
cjal-9207	179	37	,	,	PUNCT
cjal-9207	179	38	13	13	NUM
cjal-9207	179	39	corp	corp	PROPN
cjal-9207	179	40	.	.	PROPN
cjal-9207	179	41	governance	governance	PROPN
cjal-9207	179	42	:	:	PUNCT
cjal-9207	180	1	int'l	int'l	PROPN
cjal-9207	180	2	rev	rev	VERB
cjal-9207	180	3	.	.	PROPN
cjal-9207	180	4	46	46	NUM
cjal-9207	180	5	,	,	PUNCT
cjal-9207	180	6	48	48	NUM
cjal-9207	180	7	(	(	PUNCT
cjal-9207	180	8	2005	2005	NUM
cjal-9207	180	9	)	)	PUNCT
cjal-9207	180	10	(	(	PUNCT
cjal-9207	180	11	finding	find	VERB
cjal-9207	180	12	ultimate	ultimate	ADJ
cjal-9207	180	13	government	government	NOUN
cjal-9207	180	14	control	control	NOUN
cjal-9207	180	15	in	in	ADP
cjal-9207	180	16	81.6	81.6	NUM
cjal-9207	180	17	percent	percent	NOUN
cjal-9207	180	18	of	of	ADP
cjal-9207	180	19	all	all	DET
cjal-9207	180	20	public	public	ADJ
cjal-9207	180	21	companies	company	NOUN
cjal-9207	180	22	by	by	ADP
cjal-9207	180	23	the	the	DET
cjal-9207	180	24	end	end	NOUN
cjal-9207	180	25	of	of	ADP
cjal-9207	180	26	2001	2001	NUM
cjal-9207	180	27	)	)	PUNCT
cjal-9207	180	28	.	.	PUNCT
cjal-9207	181	1	for	for	ADP
cjal-9207	181	2	more	more	ADV
cjal-9207	181	3	recent	recent	ADJ
cjal-9207	181	4	data	datum	NOUN
cjal-9207	181	5	,	,	PUNCT
cjal-9207	181	6	see	see	VERB
cjal-9207	181	7	jiang	jiang	PROPN
cjal-9207	181	8	&	&	CCONJ
cjal-9207	181	9	kim	kim	PROPN
cjal-9207	181	10	,	,	PUNCT
cjal-9207	181	11	supra	supra	PROPN
cjal-9207	181	12	note	note	NOUN
cjal-9207	181	13	11	11	NUM
cjal-9207	181	14	.	.	PUNCT
cjal-9207	182	1	columbia	columbia	PROPN
cjal-9207	182	2	journal	journal	PROPN
cjal-9207	182	3	of	of	ADP
cjal-9207	182	4	asian	asian	ADJ
cjal-9207	182	5	law	law	NOUN
cjal-9207	183	1	[	[	X
cjal-9207	183	2	vol	vol	NOUN
cjal-9207	183	3	.	.	PUNCT
cjal-9207	184	1	30:1	30:1	NUM
cjal-9207	184	2	board	board	NOUN
cjal-9207	184	3	members	member	NOUN
cjal-9207	184	4	,	,	PUNCT
cjal-9207	184	5	and	and	CCONJ
cjal-9207	184	6	senior	senior	ADJ
cjal-9207	184	7	executives	executive	NOUN
cjal-9207	184	8	.	.	PUNCT
cjal-9207	185	1	those	those	DET
cjal-9207	185	2	appointees	appointee	NOUN
cjal-9207	185	3	in	in	ADP
cjal-9207	185	4	turn	turn	NOUN
cjal-9207	185	5	have	have	VERB
cjal-9207	185	6	full	full	ADJ
cjal-9207	185	7	reign	reign	NOUN
cjal-9207	185	8	to	to	PART
cjal-9207	185	9	manage	manage	VERB
cjal-9207	185	10	business	business	NOUN
cjal-9207	185	11	groups	group	NOUN
cjal-9207	185	12	and	and	CCONJ
cjal-9207	185	13	individual	individual	ADJ
cjal-9207	185	14	firms	firm	NOUN
cjal-9207	185	15	in	in	ADP
cjal-9207	185	16	accordance	accordance	NOUN
cjal-9207	185	17	with	with	ADP
cjal-9207	185	18	state	state	NOUN
cjal-9207	185	19	and	and	CCONJ
cjal-9207	185	20	party	party	NOUN
cjal-9207	185	21	policy	policy	NOUN
cjal-9207	185	22	,	,	PUNCT
cjal-9207	185	23	separately	separately	ADV
cjal-9207	185	24	from	from	ADP
cjal-9207	185	25	what	what	PRON
cjal-9207	185	26	might	might	AUX
cjal-9207	185	27	be	be	AUX
cjal-9207	185	28	in	in	ADP
cjal-9207	185	29	the	the	DET
cjal-9207	185	30	best	good	ADJ
cjal-9207	185	31	interests	interest	NOUN
cjal-9207	185	32	of	of	ADP
cjal-9207	185	33	the	the	DET
cjal-9207	185	34	specific	specific	ADJ
cjal-9207	185	35	firm	firm	NOUN
cjal-9207	185	36	or	or	CCONJ
cjal-9207	185	37	its	its	PRON
cjal-9207	185	38	other	other	ADJ
cjal-9207	185	39	shareholders	shareholder	NOUN
cjal-9207	185	40	.	.	PUNCT
cjal-9207	186	1	29	29	NUM
cjal-9207	186	2	an	an	DET
cjal-9207	186	3	additional	additional	ADJ
cjal-9207	186	4	channel	channel	NOUN
cjal-9207	186	5	for	for	ADP
cjal-9207	186	6	party	party	NOUN
cjal-9207	186	7	-	-	PUNCT
cjal-9207	186	8	state	state	NOUN
cjal-9207	186	9	control	control	NOUN
cjal-9207	186	10	over	over	ADP
cjal-9207	186	11	listed	list	VERB
cjal-9207	186	12	firms	firm	NOUN
cjal-9207	186	13	and	and	CCONJ
cjal-9207	186	14	the	the	DET
cjal-9207	186	15	capital	capital	NOUN
cjal-9207	186	16	market	market	NOUN
cjal-9207	186	17	is	be	AUX
cjal-9207	186	18	achieved	achieve	VERB
cjal-9207	186	19	via	via	ADP
cjal-9207	186	20	its	its	PRON
cjal-9207	186	21	central	central	ADJ
cjal-9207	186	22	position	position	NOUN
cjal-9207	186	23	in	in	ADP
cjal-9207	186	24	other	other	ADJ
cjal-9207	186	25	areas	area	NOUN
cjal-9207	186	26	affecting	affect	VERB
cjal-9207	186	27	the	the	DET
cjal-9207	186	28	broadev	broadev	ADJ
cjal-9207	186	29	political	political	ADJ
cjal-9207	186	30	economy	economy	NOUN
cjal-9207	186	31	of	of	ADP
cjal-9207	186	32	china	china	PROPN
cjal-9207	186	33	,	,	PUNCT
cjal-9207	186	34	particularly	particularly	ADV
cjal-9207	186	35	the	the	DET
cjal-9207	186	36	financial	financial	ADJ
cjal-9207	186	37	sector	sector	NOUN
cjal-9207	186	38	and	and	CCONJ
cjal-9207	186	39	labor	labor	NOUN
cjal-9207	186	40	markets	market	NOUN
cjal-9207	186	41	.	.	PUNCT
cjal-9207	187	1	this	this	DET
cjal-9207	187	2	broad	broad	ADJ
cjal-9207	187	3	involvement	involvement	NOUN
cjal-9207	187	4	by	by	ADP
cjal-9207	187	5	the	the	DET
cjal-9207	187	6	prc	prc	PROPN
cjal-9207	187	7	party	party	NOUN
cjal-9207	187	8	-	-	PUNCT
cjal-9207	187	9	state	state	NOUN
cjal-9207	187	10	has	have	AUX
cjal-9207	187	11	been	be	AUX
cjal-9207	187	12	described	describe	VERB
cjal-9207	187	13	as	as	ADP
cjal-9207	187	14	china	china	PROPN
cjal-9207	187	15	's	's	PART
cjal-9207	187	16	model	model	NOUN
cjal-9207	187	17	of	of	ADP
cjal-9207	187	18	"	"	PUNCT
cjal-9207	187	19	state	state	NOUN
cjal-9207	187	20	capitalism	capitalism	NOUN
cjal-9207	187	21	.	.	PUNCT
cjal-9207	187	22	"	"	PUNCT
cjal-9207	188	1	30	30	NUM
cjal-9207	188	2	in	in	ADP
cjal-9207	188	3	this	this	DET
cjal-9207	188	4	article	article	NOUN
cjal-9207	188	5	,	,	PUNCT
cjal-9207	188	6	i	i	PRON
cjal-9207	188	7	use	use	VERB
cjal-9207	188	8	this	this	DET
cjal-9207	188	9	term	term	NOUN
cjal-9207	188	10	to	to	PART
cjal-9207	188	11	describe	describe	VERB
cjal-9207	188	12	a	a	DET
cjal-9207	188	13	system	system	NOUN
cjal-9207	188	14	in	in	ADP
cjal-9207	188	15	which	which	PRON
cjal-9207	188	16	the	the	DET
cjal-9207	188	17	chinese	chinese	ADJ
cjal-9207	188	18	party	party	NOUN
cjal-9207	188	19	-	-	PUNCT
cjal-9207	188	20	state	state	NOUN
cjal-9207	188	21	directly	directly	ADV
cjal-9207	188	22	or	or	CCONJ
cjal-9207	188	23	indirectly	indirectly	ADV
cjal-9207	188	24	functions	function	NOUN
cjal-9207	188	25	as	as	ADP
cjal-9207	188	26	the	the	DET
cjal-9207	188	27	controlling	control	VERB
cjal-9207	188	28	shareholder	shareholder	NOUN
cjal-9207	188	29	of	of	ADP
cjal-9207	188	30	most	most	ADV
cjal-9207	188	31	significant	significant	ADJ
cjal-9207	188	32	prc	prc	PROPN
cjal-9207	188	33	industrial	industrial	ADJ
cjal-9207	188	34	groups	group	NOUN
cjal-9207	188	35	and	and	CCONJ
cjal-9207	188	36	their	their	PRON
cjal-9207	188	37	domestic	domestic	ADJ
cjal-9207	188	38	and	and	CCONJ
cjal-9207	188	39	globally	globally	ADV
cjal-9207	188	40	-	-	PUNCT
cjal-9207	188	41	listed	list	VERB
cjal-9207	188	42	companies	company	NOUN
cjal-9207	188	43	,	,	PUNCT
cjal-9207	188	44	as	as	ADV
cjal-9207	188	45	well	well	ADV
cjal-9207	188	46	as	as	ADP
cjal-9207	188	47	of	of	ADP
cjal-9207	188	48	the	the	DET
cjal-9207	188	49	commercial	commercial	ADJ
cjal-9207	188	50	and	and	CCONJ
cjal-9207	188	51	policy	policy	NOUN
cjal-9207	188	52	banks	bank	NOUN
cjal-9207	188	53	and	and	CCONJ
cjal-9207	188	54	financial	financial	ADJ
cjal-9207	188	55	industry	industry	NOUN
cjal-9207	188	56	firms	firm	NOUN
cjal-9207	188	57	,	,	PUNCT
cjal-9207	188	58	and	and	CCONJ
cjal-9207	188	59	at	at	ADP
cjal-9207	188	60	the	the	DET
cjal-9207	188	61	same	same	ADJ
cjal-9207	188	62	time	time	NOUN
cjal-9207	188	63	acts	act	VERB
cjal-9207	188	64	as	as	ADP
cjal-9207	188	65	the	the	DET
cjal-9207	188	66	market	market	NOUN
cjal-9207	188	67	's	's	PART
cjal-9207	188	68	regulator	regulator	NOUN
cjal-9207	188	69	and	and	CCONJ
cjal-9207	188	70	enforcement	enforcement	NOUN
cjal-9207	188	71	institution	institution	NOUN
cjal-9207	188	72	.	.	PUNCT
cjal-9207	189	1	31	31	NUM
cjal-9207	189	2	this	this	DET
cjal-9207	189	3	multi	multi	ADJ
cjal-9207	189	4	-	-	ADJ
cjal-9207	189	5	channel	channel	ADJ
cjal-9207	189	6	control	control	NOUN
cjal-9207	189	7	can	can	AUX
cjal-9207	189	8	be	be	AUX
cjal-9207	189	9	exercised	exercise	VERB
cjal-9207	189	10	at	at	ADP
cjal-9207	189	11	both	both	CCONJ
cjal-9207	189	12	the	the	DET
cjal-9207	189	13	firm	firm	ADJ
cjal-9207	189	14	and	and	CCONJ
cjal-9207	189	15	general	general	ADJ
cjal-9207	189	16	market	market	NOUN
cjal-9207	189	17	levels	level	NOUN
cjal-9207	189	18	to	to	ADP
cjal-9207	189	19	the	the	DET
cjal-9207	189	20	detriment	detriment	NOUN
cjal-9207	189	21	of	of	ADP
cjal-9207	189	22	minority	minority	NOUN
cjal-9207	189	23	shareholders	shareholder	NOUN
cjal-9207	189	24	in	in	ADP
cjal-9207	189	25	specific	specific	ADJ
cjal-9207	189	26	firms	firm	NOUN
cjal-9207	189	27	,	,	PUNCT
cjal-9207	189	28	whenever	whenever	SCONJ
cjal-9207	189	29	any	any	DET
cjal-9207	189	30	conflicts	conflict	NOUN
cjal-9207	189	31	between	between	ADP
cjal-9207	189	32	the	the	DET
cjal-9207	189	33	interests	interest	NOUN
cjal-9207	189	34	of	of	ADP
cjal-9207	189	35	the	the	DET
cjal-9207	189	36	partystate	partystate	NOUN
cjal-9207	189	37	--	--	PUNCT
cjal-9207	189	38	economic	economic	ADJ
cjal-9207	189	39	,	,	PUNCT
cjal-9207	189	40	social	social	ADJ
cjal-9207	189	41	,	,	PUNCT
cjal-9207	189	42	or	or	CCONJ
cjal-9207	189	43	political	political	ADJ
cjal-9207	189	44	-	-	PUNCT
cjal-9207	189	45	and	and	CCONJ
cjal-9207	189	46	an	an	DET
cjal-9207	189	47	individual	individual	ADJ
cjal-9207	189	48	firm	firm	NOUN
cjal-9207	189	49	(	(	PUNCT
cjal-9207	189	50	and	and	CCONJ
cjal-9207	189	51	its	its	PRON
cjal-9207	189	52	minority	minority	NOUN
cjal-9207	189	53	public	public	ADJ
cjal-9207	189	54	shareholders	shareholder	NOUN
cjal-9207	189	55	)	)	PUNCT
cjal-9207	189	56	arise	arise	VERB
cjal-9207	189	57	.	.	PUNCT
cjal-9207	190	1	sometimes	sometimes	ADV
cjal-9207	190	2	,	,	PUNCT
cjal-9207	190	3	of	of	ADP
cjal-9207	190	4	course	course	NOUN
cjal-9207	190	5	,	,	PUNCT
cjal-9207	190	6	that	that	DET
cjal-9207	190	7	partystate	partystate	NOUN
cjal-9207	190	8	interest	interest	NOUN
cjal-9207	190	9	can	can	AUX
cjal-9207	190	10	be	be	AUX
cjal-9207	190	11	benign	benign	ADJ
cjal-9207	190	12	-	-	PUNCT
cjal-9207	190	13	and	and	CCONJ
cjal-9207	190	14	so	so	ADV
cjal-9207	190	15	the	the	DET
cjal-9207	190	16	prc	prc	PROPN
cjal-9207	190	17	can	can	AUX
cjal-9207	190	18	use	use	VERB
cjal-9207	190	19	chinese	chinese	ADJ
cjal-9207	190	20	firms	firm	NOUN
cjal-9207	190	21	(	(	PUNCT
cjal-9207	190	22	or	or	CCONJ
cjal-9207	190	23	the	the	DET
cjal-9207	190	24	groups	group	NOUN
cjal-9207	190	25	within	within	ADP
cjal-9207	190	26	which	which	PRON
cjal-9207	190	27	they	they	PRON
cjal-9207	190	28	are	be	AUX
cjal-9207	190	29	embedded	embed	VERB
cjal-9207	190	30	)	)	PUNCT
cjal-9207	190	31	to	to	PART
cjal-9207	190	32	advance	advance	VERB
cjal-9207	190	33	important	important	ADJ
cjal-9207	190	34	social	social	ADJ
cjal-9207	190	35	and	and	CCONJ
cjal-9207	190	36	political	political	ADJ
cjal-9207	190	37	goals	goal	NOUN
cjal-9207	190	38	,	,	PUNCT
cjal-9207	190	39	even	even	ADV
cjal-9207	190	40	when	when	SCONJ
cjal-9207	190	41	those	those	DET
cjal-9207	190	42	goals	goal	NOUN
cjal-9207	190	43	conflict	conflict	VERB
cjal-9207	190	44	directly	directly	ADV
cjal-9207	190	45	with	with	ADP
cjal-9207	190	46	the	the	DET
cjal-9207	190	47	interest	interest	NOUN
cjal-9207	190	48	of	of	ADP
cjal-9207	190	49	the	the	DET
cjal-9207	190	50	firm	firm	NOUN
cjal-9207	190	51	as	as	ADP
cjal-9207	190	52	a	a	DET
cjal-9207	190	53	whole	whole	NOUN
cjal-9207	190	54	or	or	CCONJ
cjal-9207	190	55	of	of	ADP
cjal-9207	190	56	the	the	DET
cjal-9207	190	57	minority	minority	NOUN
cjal-9207	190	58	shareholders	shareholder	NOUN
cjal-9207	190	59	in	in	ADP
cjal-9207	190	60	the	the	DET
cjal-9207	190	61	firm	firm	NOUN
cjal-9207	190	62	.	.	PUNCT
cjal-9207	191	1	for	for	ADP
cjal-9207	191	2	example	example	NOUN
cjal-9207	191	3	,	,	PUNCT
cjal-9207	191	4	the	the	DET
cjal-9207	191	5	prc	prc	PROPN
cjal-9207	191	6	may	may	AUX
cjal-9207	191	7	wish	wish	VERB
cjal-9207	191	8	to	to	PART
cjal-9207	191	9	use	use	VERB
cjal-9207	191	10	firms	firm	NOUN
cjal-9207	191	11	to	to	PART
cjal-9207	191	12	advance	advance	VERB
cjal-9207	191	13	certain	certain	ADJ
cjal-9207	191	14	fiscal	fiscal	ADJ
cjal-9207	191	15	or	or	CCONJ
cjal-9207	191	16	production	production	NOUN
cjal-9207	191	17	policies	policy	NOUN
cjal-9207	191	18	,	,	PUNCT
cjal-9207	191	19	lower	low	ADJ
cjal-9207	191	20	unemployment	unemployment	NOUN
cjal-9207	191	21	,	,	PUNCT
cjal-9207	191	22	or	or	CCONJ
cjal-9207	191	23	address	address	VERB
cjal-9207	191	24	other	other	ADJ
cjal-9207	191	25	social	social	ADJ
cjal-9207	191	26	stability	stability	NOUN
cjal-9207	191	27	concerns	concern	NOUN
cjal-9207	191	28	,	,	PUNCT
cjal-9207	191	29	all	all	ADV
cjal-9207	191	30	before	before	ADP
cjal-9207	191	31	the	the	DET
cjal-9207	191	32	more	more	ADV
cjal-9207	191	33	limited	limited	ADJ
cjal-9207	191	34	interests	interest	NOUN
cjal-9207	191	35	of	of	ADP
cjal-9207	191	36	firm	firm	ADJ
cjal-9207	191	37	efficiency	efficiency	NOUN
cjal-9207	191	38	or	or	CCONJ
cjal-9207	191	39	profitability	profitability	NOUN
cjal-9207	191	40	(	(	PUNCT
cjal-9207	191	41	value	value	NOUN
cjal-9207	191	42	to	to	ADP
cjal-9207	191	43	shareholders	shareholder	NOUN
cjal-9207	191	44	)	)	PUNCT
cjal-9207	191	45	.	.	PUNCT
cjal-9207	192	1	at	at	ADP
cjal-9207	192	2	the	the	DET
cjal-9207	192	3	same	same	ADJ
cjal-9207	192	4	time	time	NOUN
cjal-9207	192	5	,	,	PUNCT
cjal-9207	192	6	these	these	DET
cjal-9207	192	7	structures	structure	NOUN
cjal-9207	192	8	can	can	AUX
cjal-9207	192	9	create	create	VERB
cjal-9207	192	10	opportunities	opportunity	NOUN
cjal-9207	192	11	for	for	ADP
cjal-9207	192	12	party	party	NOUN
cjal-9207	192	13	-	-	PUNCT
cjal-9207	192	14	state	state	NOUN
cjal-9207	192	15	appointees	appointee	NOUN
cjal-9207	192	16	to	to	PART
cjal-9207	192	17	extract	extract	VERB
cjal-9207	192	18	the	the	DET
cjal-9207	192	19	private	private	ADJ
cjal-9207	192	20	benefits	benefit	NOUN
cjal-9207	192	21	of	of	ADP
cjal-9207	192	22	control	control	NOUN
cjal-9207	192	23	seen	see	VERB
cjal-9207	192	24	across	across	ADP
cjal-9207	192	25	the	the	DET
cjal-9207	192	26	world	world	NOUN
cjal-9207	192	27	by	by	ADP
cjal-9207	192	28	unmonitored	unmonitored	ADJ
cjal-9207	192	29	insiders	insider	NOUN
cjal-9207	192	30	,	,	PUNCT
cjal-9207	192	31	whereby	whereby	SCONJ
cjal-9207	192	32	they	they	PRON
cjal-9207	192	33	use	use	VERB
cjal-9207	192	34	their	their	PRON
cjal-9207	192	35	position	position	NOUN
cjal-9207	192	36	to	to	PART
cjal-9207	192	37	engage	engage	VERB
cjal-9207	192	38	in	in	ADP
cjal-9207	192	39	tunneling	tunneling	NOUN
cjal-9207	192	40	,	,	PUNCT
cjal-9207	192	41	self	self	NOUN
cjal-9207	192	42	-	-	PUNCT
cjal-9207	192	43	dealing	dealing	NOUN
cjal-9207	192	44	,	,	PUNCT
cjal-9207	192	45	or	or	CCONJ
cjal-9207	192	46	the	the	DET
cjal-9207	192	47	outright	outright	ADJ
cjal-9207	192	48	theft	theft	NOUN
cjal-9207	192	49	of	of	ADP
cjal-9207	192	50	corporate	corporate	ADJ
cjal-9207	192	51	assets	asset	NOUN
cjal-9207	192	52	,	,	PUNCT
cjal-9207	192	53	to	to	PART
cjal-9207	192	54	benefit	benefit	VERB
cjal-9207	192	55	themselves	themselves	PRON
cjal-9207	192	56	and	and	CCONJ
cjal-9207	192	57	their	their	PRON
cjal-9207	192	58	affiliates	affiliate	NOUN
cjal-9207	192	59	at	at	ADP
cjal-9207	192	60	the	the	DET
cjal-9207	192	61	expense	expense	NOUN
cjal-9207	192	62	of	of	ADP
cjal-9207	192	63	minority	minority	NOUN
cjal-9207	192	64	shareholders	shareholder	NOUN
cjal-9207	192	65	and	and	CCONJ
cjal-9207	192	66	the	the	DET
cjal-9207	192	67	firm.3	firm.3	NOUN
cjal-9207	192	68	2	2	NUM
cjal-9207	192	69	29	29	NUM
cjal-9207	192	70	see	see	VERB
cjal-9207	192	71	firth	firth	PROPN
cjal-9207	192	72	et	et	PROPN
cjal-9207	192	73	al	al	PROPN
cjal-9207	192	74	.	.	PROPN
cjal-9207	192	75	,	,	PUNCT
cjal-9207	192	76	supra	supra	PROPN
cjal-9207	192	77	note	note	VERB
cjal-9207	192	78	26	26	NUM
cjal-9207	192	79	(	(	PUNCT
cjal-9207	192	80	introducing	introduce	VERB
cjal-9207	192	81	how	how	SCONJ
cjal-9207	192	82	managers	manager	NOUN
cjal-9207	192	83	of	of	ADP
cjal-9207	192	84	firms	firm	NOUN
cjal-9207	192	85	were	be	AUX
cjal-9207	192	86	pressured	pressure	VERB
cjal-9207	192	87	politically	politically	ADV
cjal-9207	192	88	to	to	PART
cjal-9207	192	89	rush	rush	VERB
cjal-9207	192	90	the	the	DET
cjal-9207	192	91	implementation	implementation	NOUN
cjal-9207	192	92	of	of	ADP
cjal-9207	192	93	a	a	DET
cjal-9207	192	94	reform	reform	NOUN
cjal-9207	192	95	scheme	scheme	NOUN
cjal-9207	192	96	,	,	PUNCT
cjal-9207	192	97	even	even	ADV
cjal-9207	192	98	when	when	SCONJ
cjal-9207	192	99	not	not	PART
cjal-9207	192	100	in	in	ADP
cjal-9207	192	101	the	the	DET
cjal-9207	192	102	best	good	ADJ
cjal-9207	192	103	interests	interest	NOUN
cjal-9207	192	104	of	of	ADP
cjal-9207	192	105	their	their	PRON
cjal-9207	192	106	unit	unit	NOUN
cjal-9207	192	107	holders	holder	NOUN
cjal-9207	192	108	)	)	PUNCT
cjal-9207	192	109	;	;	PUNCT
cjal-9207	192	110	nancy	nancy	PROPN
cjal-9207	192	111	huyghebaert	huyghebaert	PROPN
cjal-9207	192	112	&	&	CCONJ
cjal-9207	192	113	lihong	lihong	PROPN
cjal-9207	192	114	wang	wang	PROPN
cjal-9207	192	115	,	,	PUNCT
cjal-9207	192	116	expropriation	expropriation	NOUN
cjal-9207	192	117	of	of	ADP
cjal-9207	192	118	minority	minority	NOUN
cjal-9207	192	119	investors	investor	NOUN
cjal-9207	192	120	in	in	ADP
cjal-9207	192	121	chinese	chinese	ADJ
cjal-9207	192	122	listed	list	VERB
cjal-9207	192	123	firms	firm	NOUN
cjal-9207	192	124	:	:	PUNCT
cjal-9207	192	125	the	the	DET
cjal-9207	192	126	role	role	NOUN
cjal-9207	192	127	of	of	ADP
cjal-9207	192	128	int	int	PROPN
cjal-9207	192	129	ernal	ernal	ADJ
cjal-9207	192	130	and	and	CCONJ
cjal-9207	192	131	external	external	ADJ
cjal-9207	192	132	corporate	corporate	ADJ
cjal-9207	192	133	governance	governance	NOUN
cjal-9207	192	134	mechanisms	mechanism	NOUN
cjal-9207	192	135	,	,	PUNCT
cjal-9207	192	136	20	20	NUM
cjal-9207	192	137	corp	corp	PROPN
cjal-9207	192	138	.	.	PROPN
cjal-9207	192	139	governance	governance	PROPN
cjal-9207	192	140	:	:	PUNCT
cjal-9207	192	141	int'l	int'l	PROPN
cjal-9207	192	142	rev	rev	VERB
cjal-9207	192	143	.	.	PROPN
cjal-9207	192	144	308	308	NUM
cjal-9207	192	145	,	,	PUNCT
cjal-9207	192	146	311	311	NUM
cjal-9207	192	147	,	,	PUNCT
cjal-9207	192	148	328	328	NUM
cjal-9207	192	149	(	(	PUNCT
cjal-9207	192	150	2012	2012	NUM
cjal-9207	192	151	)	)	PUNCT
cjal-9207	192	152	(	(	PUNCT
cjal-9207	192	153	measuring	measure	VERB
cjal-9207	192	154	the	the	DET
cjal-9207	192	155	costs	cost	NOUN
cjal-9207	192	156	of	of	ADP
cjal-9207	192	157	political	political	ADJ
cjal-9207	192	158	control	control	NOUN
cjal-9207	192	159	over	over	ADP
cjal-9207	192	160	directors	director	NOUN
cjal-9207	192	161	-	-	PUNCT
cjal-9207	192	162	through	through	ADP
cjal-9207	192	163	labor	labor	NOUN
cjal-9207	192	164	redundancy	redundancy	NOUN
cjal-9207	192	165	-	-	PUNCT
cjal-9207	192	166	following	follow	VERB
cjal-9207	192	167	approvals	approval	NOUN
cjal-9207	192	168	of	of	ADP
cjal-9207	192	169	related	related	ADJ
cjal-9207	192	170	party	party	NOUN
cjal-9207	192	171	transactions	transaction	NOUN
cjal-9207	192	172	that	that	PRON
cjal-9207	192	173	serve	serve	VERB
cjal-9207	192	174	the	the	DET
cjal-9207	192	175	state	state	NOUN
cjal-9207	192	176	's	's	PART
cjal-9207	192	177	public	public	ADJ
cjal-9207	192	178	interests	interest	NOUN
cjal-9207	192	179	)	)	PUNCT
cjal-9207	192	180	.	.	PUNCT
cjal-9207	193	1	30	30	NUM
cjal-9207	193	2	see	see	VERB
cjal-9207	193	3	,	,	PUNCT
cjal-9207	193	4	lin	lin	PROPN
cjal-9207	193	5	&	&	CCONJ
cjal-9207	193	6	milhaupt	milhaupt	PROPN
cjal-9207	193	7	,	,	PUNCT
cjal-9207	193	8	supra	supra	PROPN
cjal-9207	193	9	20	20	NUM
cjal-9207	193	10	,	,	PUNCT
cjal-9207	193	11	at	at	ADP
cjal-9207	193	12	700	700	NUM
cjal-9207	193	13	n.9	n.9	NOUN
cjal-9207	193	14	.	.	PUNCT
cjal-9207	194	1	31	31	NUM
cjal-9207	194	2	commentators	commentator	NOUN
cjal-9207	194	3	have	have	AUX
cjal-9207	194	4	taken	take	VERB
cjal-9207	194	5	different	different	ADJ
cjal-9207	194	6	views	view	NOUN
cjal-9207	194	7	as	as	ADP
cjal-9207	194	8	to	to	ADP
cjal-9207	194	9	china	china	PROPN
cjal-9207	194	10	's	's	PART
cjal-9207	194	11	party	party	NOUN
cjal-9207	194	12	-	-	PUNCT
cjal-9207	194	13	state	state	NOUN
cjal-9207	194	14	involvement	involvement	NOUN
cjal-9207	194	15	in	in	ADP
cjal-9207	194	16	the	the	DET
cjal-9207	194	17	economy	economy	NOUN
cjal-9207	194	18	.	.	PUNCT
cjal-9207	195	1	some	some	PRON
cjal-9207	195	2	have	have	AUX
cjal-9207	195	3	argued	argue	VERB
cjal-9207	195	4	against	against	ADP
cjal-9207	195	5	the	the	DET
cjal-9207	195	6	characterization	characterization	NOUN
cjal-9207	195	7	of	of	ADP
cjal-9207	195	8	the	the	DET
cjal-9207	195	9	chinese	chinese	ADJ
cjal-9207	195	10	economy	economy	NOUN
cjal-9207	195	11	as	as	ADP
cjal-9207	195	12	"	"	PUNCT
cjal-9207	195	13	state	state	NOUN
cjal-9207	195	14	-	-	PUNCT
cjal-9207	195	15	capitalism	capitalism	NOUN
cjal-9207	195	16	.	.	PUNCT
cjal-9207	195	17	"	"	PUNCT
cjal-9207	196	1	see	see	VERB
cjal-9207	196	2	,	,	PUNCT
cjal-9207	196	3	e.g.	e.g.	ADV
cjal-9207	196	4	,	,	PUNCT
cjal-9207	196	5	lardy	lardy	ADJ
cjal-9207	196	6	,	,	PUNCT
cjal-9207	196	7	markets	market	NOUN
cjal-9207	196	8	over	over	ADP
cjal-9207	196	9	mao	mao	PROPN
cjal-9207	196	10	,	,	PUNCT
cjal-9207	196	11	supra	supra	PROPN
cjal-9207	196	12	note	note	PROPN
cjal-9207	196	13	27	27	NUM
cjal-9207	196	14	(	(	PUNCT
cjal-9207	196	15	considering	consider	VERB
cjal-9207	196	16	the	the	DET
cjal-9207	196	17	rapidly	rapidly	ADV
cjal-9207	196	18	growing	grow	VERB
cjal-9207	196	19	private	private	ADJ
cjal-9207	196	20	business	business	NOUN
cjal-9207	196	21	sector	sector	NOUN
cjal-9207	196	22	as	as	ADP
cjal-9207	196	23	a	a	DET
cjal-9207	196	24	major	major	ADJ
cjal-9207	196	25	driver	driver	NOUN
cjal-9207	196	26	of	of	ADP
cjal-9207	196	27	economic	economic	ADJ
cjal-9207	196	28	growth	growth	NOUN
cjal-9207	196	29	and	and	CCONJ
cjal-9207	196	30	employment	employment	NOUN
cjal-9207	196	31	in	in	ADP
cjal-9207	196	32	china	china	PROPN
cjal-9207	196	33	today	today	NOUN
cjal-9207	196	34	)	)	PUNCT
cjal-9207	196	35	.	.	PUNCT
cjal-9207	197	1	si	si	PROPN
cjal-9207	198	1	for	for	ADP
cjal-9207	198	2	general	general	ADJ
cjal-9207	198	3	implications	implication	NOUN
cjal-9207	198	4	of	of	ADP
cjal-9207	198	5	corporate	corporate	ADJ
cjal-9207	198	6	pyramid	pyramid	NOUN
cjal-9207	198	7	structure	structure	NOUN
cjal-9207	198	8	and	and	CCONJ
cjal-9207	198	9	ownership	ownership	NOUN
cjal-9207	198	10	concentration	concentration	NOUN
cjal-9207	198	11	,	,	PUNCT
cjal-9207	198	12	see	see	VERB
cjal-9207	198	13	lucian	lucian	PROPN
cjal-9207	198	14	a.	a.	PROPN
cjal-9207	198	15	bebchuk	bebchuk	PROPN
cjal-9207	198	16	et	et	PROPN
cjal-9207	198	17	al	al	PROPN
cjal-9207	198	18	.	.	PROPN
cjal-9207	198	19	,	,	PUNCT
cjal-9207	198	20	stock	stock	NOUN
cjal-9207	198	21	pyramids	pyramid	NOUN
cjal-9207	198	22	,	,	PUNCT
cjal-9207	198	23	cross	cross	NOUN
cjal-9207	198	24	-	-	NOUN
cjal-9207	198	25	ownership	ownership	NOUN
cjal-9207	198	26	,	,	PUNCT
cjal-9207	198	27	and	and	CCONJ
cjal-9207	198	28	dual	dual	ADJ
cjal-9207	198	29	2016	2016	NUM
cjal-9207	198	30	]	]	PUNCT
cjal-9207	198	31	minority	minority	NOUN
cjal-9207	198	32	public	public	ADJ
cjal-9207	198	33	shareholders	shareholder	NOUN
cjal-9207	198	34	in	in	ADP
cjal-9207	198	35	china	china	PROPN
cjal-9207	198	36	11	11	NUM
cjal-9207	198	37	in	in	ADP
cjal-9207	198	38	addition	addition	NOUN
cjal-9207	198	39	to	to	ADP
cjal-9207	198	40	the	the	DET
cjal-9207	198	41	potential	potential	ADJ
cjal-9207	198	42	exploitation	exploitation	NOUN
cjal-9207	198	43	of	of	ADP
cjal-9207	198	44	minority	minority	NOUN
cjal-9207	198	45	shareholders	shareholder	NOUN
cjal-9207	198	46	by	by	ADP
cjal-9207	198	47	the	the	DET
cjal-9207	198	48	party	party	NOUN
cjal-9207	198	49	-state	-state	PROPN
cjal-9207	198	50	qua	qua	NOUN
cjal-9207	198	51	controlling	control	VERB
cjal-9207	198	52	shareholder	shareholder	NOUN
cjal-9207	198	53	or	or	CCONJ
cjal-9207	198	54	by	by	ADP
cjal-9207	198	55	its	its	PRON
cjal-9207	198	56	appointees	appointee	NOUN
cjal-9207	198	57	,	,	PUNCT
cjal-9207	198	58	the	the	DET
cjal-9207	198	59	incentives	incentive	NOUN
cjal-9207	198	60	for	for	ADP
cjal-9207	198	61	minority	minority	NOUN
cjal-9207	198	62	exploitation	exploitation	NOUN
cjal-9207	198	63	are	be	AUX
cjal-9207	198	64	further	far	ADV
cjal-9207	198	65	exacerbated	exacerbate	VERB
cjal-9207	198	66	by	by	ADP
cjal-9207	198	67	the	the	DET
cjal-9207	198	68	lack	lack	NOUN
cjal-9207	198	69	of	of	ADP
cjal-9207	198	70	an	an	DET
cjal-9207	198	71	ultimate	ultimate	ADJ
cjal-9207	198	72	principal	principal	NOUN
cjal-9207	198	73	at	at	ADP
cjal-9207	198	74	the	the	DET
cjal-9207	198	75	top	top	NOUN
cjal-9207	198	76	of	of	ADP
cjal-9207	198	77	state	state	NOUN
cjal-9207	198	78	-controlled	-controlled	ADJ
cjal-9207	198	79	pyramids	pyramid	NOUN
cjal-9207	198	80	.	.	PUNCT
cjal-9207	199	1	this	this	PRON
cjal-9207	199	2	is	be	AUX
cjal-9207	199	3	an	an	DET
cjal-9207	199	4	aggravated	aggravate	VERB
cjal-9207	199	5	version	version	NOUN
cjal-9207	199	6	of	of	ADP
cjal-9207	199	7	the	the	DET
cjal-9207	199	8	well	well	ADV
cjal-9207	199	9	-	-	PUNCT
cjal-9207	199	10	known	know	VERB
cjal-9207	199	11	"	"	PUNCT
cjal-9207	199	12	who	who	PRON
cjal-9207	199	13	monitors	monitor	VERB
cjal-9207	199	14	the	the	DET
cjal-9207	199	15	monitor	monitor	NOUN
cjal-9207	199	16	?	?	PUNCT
cjal-9207	199	17	"	"	PUNCT
cjal-9207	199	18	problem	problem	NOUN
cjal-9207	199	19	.	.	PUNCT
cjal-9207	200	1	33	33	NUM
cjal-9207	200	2	because	because	SCONJ
cjal-9207	200	3	there	there	PRON
cjal-9207	200	4	is	be	VERB
cjal-9207	200	5	no	no	DET
cjal-9207	200	6	ultimate	ultimate	ADJ
cjal-9207	200	7	principal	principal	NOUN
cjal-9207	200	8	who	who	PRON
cjal-9207	200	9	will	will	AUX
cjal-9207	200	10	benefit	benefit	VERB
cjal-9207	200	11	from	from	ADP
cjal-9207	200	12	the	the	DET
cjal-9207	200	13	increased	increase	VERB
cjal-9207	200	14	value	value	NOUN
cjal-9207	200	15	that	that	PRON
cjal-9207	200	16	effective	effective	ADJ
cjal-9207	200	17	monitoring	monitoring	NOUN
cjal-9207	200	18	might	might	AUX
cjal-9207	200	19	generate	generate	VERB
cjal-9207	200	20	,	,	PUNCT
cjal-9207	200	21	there	there	PRON
cjal-9207	200	22	is	be	VERB
cjal-9207	200	23	no	no	DET
cjal-9207	200	24	specific	specific	ADJ
cjal-9207	200	25	controlling	control	VERB
cjal-9207	200	26	owner	owner	NOUN
cjal-9207	200	27	who	who	PRON
cjal-9207	200	28	would	would	AUX
cjal-9207	200	29	otherwise	otherwise	ADV
cjal-9207	200	30	be	be	AUX
cjal-9207	200	31	incentivized	incentivize	VERB
cjal-9207	200	32	to	to	PART
cjal-9207	200	33	incur	incur	VERB
cjal-9207	200	34	the	the	DET
cjal-9207	200	35	costs	cost	NOUN
cjal-9207	200	36	of	of	ADP
cjal-9207	200	37	monitoring	monitor	VERB
cjal-9207	200	38	firm	firm	ADJ
cjal-9207	200	39	insiders	insider	NOUN
cjal-9207	200	40	.	.	PUNCT
cjal-9207	201	1	34thus	34thus	NUM
cjal-9207	201	2	,	,	PUNCT
cjal-9207	201	3	even	even	ADV
cjal-9207	201	4	when	when	SCONJ
cjal-9207	201	5	the	the	DET
cjal-9207	201	6	interests	interest	NOUN
cjal-9207	201	7	of	of	ADP
cjal-9207	201	8	the	the	DET
cjal-9207	201	9	party	party	NOUN
cjal-9207	201	10	-state	-state	PROPN
cjal-9207	201	11	,	,	PUNCT
cjal-9207	201	12	in	in	ADP
cjal-9207	201	13	its	its	PRON
cjal-9207	201	14	capacity	capacity	NOUN
cjal-9207	201	15	as	as	ADP
cjal-9207	201	16	a	a	DET
cjal-9207	201	17	given	give	VERB
cjal-9207	201	18	firm	firm	NOUN
cjal-9207	201	19	's	's	PART
cjal-9207	201	20	controlling	control	VERB
cjal-9207	201	21	shareholder	shareholder	NOUN
cjal-9207	201	22	,	,	PUNCT
cjal-9207	201	23	aligns	align	VERB
cjal-9207	201	24	with	with	ADP
cjal-9207	201	25	those	those	PRON
cjal-9207	201	26	of	of	ADP
cjal-9207	201	27	the	the	DET
cjal-9207	201	28	minority	minority	NOUN
cjal-9207	201	29	shareholders	shareholder	NOUN
cjal-9207	201	30	,	,	PUNCT
cjal-9207	201	31	the	the	DET
cjal-9207	201	32	lack	lack	NOUN
cjal-9207	201	33	of	of	ADP
cjal-9207	201	34	any	any	DET
cjal-9207	201	35	ultimate	ultimate	ADJ
cjal-9207	201	36	human	human	ADJ
cjal-9207	201	37	principal	principal	NOUN
cjal-9207	201	38	deprives	deprive	VERB
cjal-9207	201	39	the	the	DET
cjal-9207	201	40	firm	firm	NOUN
cjal-9207	201	41	of	of	ADP
cjal-9207	201	42	any	any	DET
cjal-9207	201	43	truly	truly	ADV
cjal-9207	201	44	interested	interested	ADJ
cjal-9207	201	45	monitor	monitor	NOUN
cjal-9207	201	46	,	,	PUNCT
cjal-9207	201	47	or	or	CCONJ
cjal-9207	201	48	at	at	ADP
cjal-9207	201	49	the	the	DET
cjal-9207	201	50	most	most	ADV
cjal-9207	201	51	creates	create	VERB
cjal-9207	201	52	relative	relative	ADJ
cjal-9207	201	53	apathy	apathy	NOUN
cjal-9207	201	54	among	among	ADP
cjal-9207	201	55	otherwise	otherwise	ADV
cjal-9207	201	56	potential	potential	ADJ
cjal-9207	201	57	monitors	monitor	NOUN
cjal-9207	201	58	.	.	PUNCT
cjal-9207	202	1	b.	b.	PROPN
cjal-9207	202	2	monitoring	monitoring	NOUN
cjal-9207	202	3	of	of	ADP
cjal-9207	202	4	insiders	insider	NOUN
cjal-9207	202	5	and	and	CCONJ
cjal-9207	202	6	the	the	DET
cjal-9207	202	7	protection	protection	NOUN
cjal-9207	202	8	of	of	ADP
cjal-9207	202	9	minority	minority	NOUN
cjal-9207	202	10	shareholders	shareholder	NOUN
cjal-9207	202	11	in	in	ADP
cjal-9207	202	12	china	china	PROPN
cjal-9207	202	13	for	for	ADP
cjal-9207	202	14	corporate	corporate	ADJ
cjal-9207	202	15	governance	governance	NOUN
cjal-9207	202	16	advocates	advocate	NOUN
cjal-9207	202	17	,	,	PUNCT
cjal-9207	202	18	the	the	DET
cjal-9207	202	19	prc	prc	PROPN
cjal-9207	202	20	stands	stand	VERB
cjal-9207	202	21	as	as	ADP
cjal-9207	202	22	one	one	NUM
cjal-9207	202	23	of	of	ADP
cjal-9207	202	24	the	the	DET
cjal-9207	202	25	most	most	ADV
cjal-9207	202	26	challenging	challenging	ADJ
cjal-9207	202	27	environments	environment	NOUN
cjal-9207	202	28	because	because	SCONJ
cjal-9207	202	29	it	it	PRON
cjal-9207	202	30	is	be	AUX
cjal-9207	202	31	among	among	ADP
cjal-9207	202	32	the	the	DET
cjal-9207	202	33	world	world	NOUN
cjal-9207	202	34	's	's	PART
cjal-9207	202	35	most	most	ADV
cjal-9207	202	36	concentrated	concentrated	ADJ
cjal-9207	202	37	markets	market	NOUN
cjal-9207	202	38	and	and	CCONJ
cjal-9207	202	39	yet	yet	ADV
cjal-9207	202	40	is	be	AUX
cjal-9207	202	41	so	so	ADV
cjal-9207	202	42	central	central	ADJ
cjal-9207	202	43	to	to	ADP
cjal-9207	202	44	the	the	DET
cjal-9207	202	45	global	global	ADJ
cjal-9207	202	46	economy	economy	NOUN
cjal-9207	202	47	.	.	PUNCT
cjal-9207	203	1	as	as	ADP
cjal-9207	203	2	in	in	ADP
cjal-9207	203	3	many	many	ADJ
cjal-9207	203	4	other	other	ADJ
cjal-9207	203	5	markets	market	NOUN
cjal-9207	203	6	evidencing	evidence	VERB
cjal-9207	203	7	similar	similar	ADJ
cjal-9207	203	8	concentration	concentration	NOUN
cjal-9207	203	9	,	,	PUNCT
cjal-9207	203	10	there	there	PRON
cjal-9207	203	11	is	be	VERB
cjal-9207	203	12	currently	currently	ADV
cjal-9207	203	13	almost	almost	ADV
cjal-9207	203	14	no	no	PRON
cjal-9207	203	15	hostile	hostile	ADJ
cjal-9207	203	16	takeover	takeover	NOUN
cjal-9207	203	17	activity	activity	NOUN
cjal-9207	203	18	and	and	CCONJ
cjal-9207	203	19	thus	thus	ADV
cjal-9207	203	20	no	no	DET
cjal-9207	203	21	market	market	NOUN
cjal-9207	203	22	for	for	ADP
cjal-9207	203	23	corporate	corporate	ADJ
cjal-9207	203	24	control	control	NOUN
cjal-9207	203	25	in	in	ADP
cjal-9207	203	26	china	china	PROPN
cjal-9207	203	27	.	.	PUNCT
cjal-9207	204	1	this	this	PRON
cjal-9207	204	2	means	mean	VERB
cjal-9207	204	3	that	that	SCONJ
cjal-9207	204	4	the	the	DET
cjal-9207	204	5	primary	primary	ADJ
cjal-9207	204	6	external	external	ADJ
cjal-9207	204	7	monitoring	monitoring	NOUN
cjal-9207	204	8	mechanism	mechanism	NOUN
cjal-9207	204	9	celebrated	celebrate	VERB
cjal-9207	204	10	with	with	ADP
cjal-9207	204	11	respect	respect	NOUN
cjal-9207	204	12	to	to	ADP
cjal-9207	204	13	anglo	anglo	ADJ
cjal-9207	204	14	-american	-american	ADJ
cjal-9207	204	15	-style	-style	NOUN
cjal-9207	204	16	capital	capital	NOUN
cjal-9207	204	17	markets	market	NOUN
cjal-9207	204	18	is	be	AUX
cjal-9207	204	19	entirely	entirely	ADV
cjal-9207	204	20	absent	absent	ADJ
cjal-9207	204	21	in	in	ADP
cjal-9207	204	22	china	china	PROPN
cjal-9207	204	23	.	.	PUNCT
cjal-9207	205	1	as	as	SCONJ
cjal-9207	205	2	noted	note	VERB
cjal-9207	205	3	above	above	ADV
cjal-9207	205	4	,	,	PUNCT
cjal-9207	205	5	in	in	ADP
cjal-9207	205	6	china	china	PROPN
cjal-9207	205	7	the	the	DET
cjal-9207	205	8	situation	situation	NOUN
cjal-9207	205	9	is	be	AUX
cjal-9207	205	10	even	even	ADV
cjal-9207	205	11	more	more	ADV
cjal-9207	205	12	aggravated	aggravate	VERB
cjal-9207	205	13	because	because	SCONJ
cjal-9207	205	14	of	of	ADP
cjal-9207	205	15	the	the	DET
cjal-9207	205	16	absent	absent	ADJ
cjal-9207	205	17	principal	principal	ADJ
cjal-9207	205	18	problem	problem	NOUN
cjal-9207	205	19	,	,	PUNCT
cjal-9207	205	20	which	which	PRON
cjal-9207	205	21	results	result	VERB
cjal-9207	205	22	in	in	ADP
cjal-9207	205	23	a	a	DET
cjal-9207	205	24	pronounced	pronounce	VERB
cjal-9207	205	25	lack	lack	NOUN
cjal-9207	205	26	of	of	ADP
cjal-9207	205	27	internal	internal	ADJ
cjal-9207	205	28	monitoring	monitoring	NOUN
cjal-9207	205	29	mechanisms	mechanism	NOUN
cjal-9207	205	30	as	as	ADV
cjal-9207	205	31	well	well	ADV
cjal-9207	205	32	.	.	PUNCT
cjal-9207	206	1	and	and	CCONJ
cjal-9207	206	2	so	so	ADV
cjal-9207	206	3	,	,	PUNCT
cjal-9207	206	4	at	at	ADV
cjal-9207	206	5	least	least	ADV
cjal-9207	206	6	one	one	NUM
cjal-9207	206	7	result	result	NOUN
cjal-9207	206	8	of	of	ADP
cjal-9207	206	9	the	the	DET
cjal-9207	206	10	"	"	PUNCT
cjal-9207	206	11	corporatization	corporatization	NOUN
cjal-9207	206	12	without	without	ADP
cjal-9207	206	13	privatization	privatization	NOUN
cjal-9207	206	14	"	"	PUNCT
cjal-9207	206	15	program	program	NOUN
cjal-9207	206	16	in	in	ADP
cjal-9207	206	17	china	china	PROPN
cjal-9207	206	18	has	have	AUX
cjal-9207	206	19	been	be	AUX
cjal-9207	206	20	an	an	DET
cjal-9207	206	21	open	open	ADJ
cjal-9207	206	22	and	and	CCONJ
cjal-9207	206	23	unrestrained	unrestrained	ADJ
cjal-9207	206	24	invitation	invitation	NOUN
cjal-9207	206	25	to	to	PART
cjal-9207	206	26	unmonitored	unmonitored	ADJ
cjal-9207	206	27	insider	insider	NOUN
cjal-9207	206	28	opportunism	opportunism	NOUN
cjal-9207	206	29	and	and	CCONJ
cjal-9207	206	30	minority	minority	NOUN
cjal-9207	206	31	shareholder	shareholder	NOUN
cjal-9207	206	32	oppression,35	oppression,35	ADV
cjal-9207	206	33	in	in	ADP
cjal-9207	206	34	a	a	DET
cjal-9207	206	35	transitional	transitional	ADJ
cjal-9207	206	36	legal	legal	ADJ
cjal-9207	206	37	system	system	NOUN
cjal-9207	206	38	which	which	PRON
cjal-9207	206	39	offers	offer	VERB
cjal-9207	206	40	minority	minority	NOUN
cjal-9207	206	41	shareholders	shareholder	NOUN
cjal-9207	206	42	little	little	ADJ
cjal-9207	206	43	in	in	ADP
cjal-9207	206	44	the	the	DET
cjal-9207	206	45	way	way	NOUN
cjal-9207	206	46	of	of	ADP
cjal-9207	206	47	protections	protection	NOUN
cjal-9207	206	48	much	much	ADV
cjal-9207	206	49	less	less	ADJ
cjal-9207	206	50	remedies	remedy	NOUN
cjal-9207	206	51	.	.	PUNCT
cjal-9207	207	1	given	give	VERB
cjal-9207	207	2	the	the	DET
cjal-9207	207	3	above	above	ADJ
cjal-9207	207	4	,	,	PUNCT
cjal-9207	207	5	most	most	ADJ
cjal-9207	207	6	analysts	analyst	NOUN
cjal-9207	207	7	will	will	AUX
cjal-9207	207	8	then	then	ADV
cjal-9207	207	9	further	far	ADV
cjal-9207	207	10	assume	assume	VERB
cjal-9207	207	11	that	that	SCONJ
cjal-9207	207	12	there	there	PRON
cjal-9207	207	13	is	be	VERB
cjal-9207	207	14	no	no	DET
cjal-9207	207	15	policy	policy	NOUN
cjal-9207	207	16	or	or	CCONJ
cjal-9207	207	17	legal	legal	ADJ
cjal-9207	207	18	basis	basis	NOUN
cjal-9207	207	19	for	for	ADP
cjal-9207	207	20	minority	minority	NOUN
cjal-9207	207	21	shareholder	shareholder	NOUN
cjal-9207	207	22	participation	participation	NOUN
cjal-9207	207	23	in	in	ADP
cjal-9207	207	24	firms	firm	NOUN
cjal-9207	207	25	operating	operate	VERB
cjal-9207	207	26	in	in	ADP
cjal-9207	207	27	the	the	DET
cjal-9207	207	28	prc	prc	PROPN
cjal-9207	207	29	.	.	PUNCT
cjal-9207	208	1	class	class	NOUN
cjal-9207	208	2	equity	equity	PROPN
cjal-9207	208	3	:	:	PUNCT
cjal-9207	208	4	the	the	DET
cjal-9207	208	5	mechanisms	mechanism	NOUN
cjal-9207	208	6	and	and	CCONJ
cjal-9207	208	7	agency	agency	NOUN
cjal-9207	208	8	costs	cost	NOUN
cjal-9207	208	9	of	of	ADP
cjal-9207	208	10	separating	separate	VERB
cjal-9207	208	11	control	control	NOUN
cjal-9207	208	12	from	from	ADP
cjal-9207	208	13	cash	cash	NOUN
cjal-9207	208	14	-	-	PUNCT
cjal-9207	208	15	flow	flow	NOUN
cjal-9207	208	16	rights	right	NOUN
cjal-9207	208	17	,	,	PUNCT
cjal-9207	208	18	in	in	ADP
cjal-9207	208	19	concentrated	concentrated	ADJ
cjal-9207	208	20	corporate	corporate	ADJ
cjal-9207	208	21	ownership	ownership	NOUN
cjal-9207	208	22	295	295	NUM
cjal-9207	208	23	,	,	PUNCT
cjal-9207	208	24	295	295	NUM
cjal-9207	208	25	(	(	PUNCT
cjal-9207	208	26	randall	randall	PROPN
cjal-9207	208	27	k.	k.	PROPN
cjal-9207	208	28	morck	morck	PROPN
cjal-9207	208	29	ed	ed	PROPN
cjal-9207	208	30	.	.	PROPN
cjal-9207	208	31	,	,	PUNCT
cjal-9207	208	32	2000	2000	NUM
cjal-9207	208	33	)	)	PUNCT
cjal-9207	208	34	.	.	PUNCT
cjal-9207	209	1	specifically	specifically	ADV
cjal-9207	209	2	,	,	PUNCT
cjal-9207	209	3	for	for	ADP
cjal-9207	209	4	tunneling	tunnel	VERB
cjal-9207	209	5	in	in	ADP
cjal-9207	209	6	the	the	DET
cjal-9207	209	7	chinese	chinese	ADJ
cjal-9207	209	8	market	market	NOUN
cjal-9207	209	9	,	,	PUNCT
cjal-9207	209	10	see	see	VERB
cjal-9207	209	11	huyghebaert	huyghebaert	PROPN
cjal-9207	209	12	&	&	CCONJ
cjal-9207	209	13	wang	wang	PROPN
cjal-9207	209	14	,	,	PUNCT
cjal-9207	209	15	supra	supra	PROPN
cjal-9207	209	16	note	note	PROPN
cjal-9207	209	17	29	29	NUM
cjal-9207	209	18	.	.	PUNCT
cjal-9207	210	1	33	33	NUM
cjal-9207	210	2	see	see	VERB
cjal-9207	210	3	,	,	PUNCT
cjal-9207	210	4	e.g.	e.g.	ADV
cjal-9207	210	5	,	,	PUNCT
cjal-9207	210	6	ronald	ronald	PROPN
cjal-9207	210	7	j.	j.	PROPN
cjal-9207	210	8	gilson	gilson	PROPN
cjal-9207	210	9	,	,	PUNCT
cjal-9207	210	10	a	a	DET
cjal-9207	210	11	structural	structural	ADJ
cjal-9207	210	12	approa	approa	NOUN
cjal-9207	210	13	ch	ch	NOUN
cjal-9207	210	14	to	to	ADP
cjal-9207	210	15	corporations	corporation	NOUN
cjal-9207	210	16	:	:	PUNCT
cjal-9207	210	17	the	the	DET
cjal-9207	210	18	case	case	NOUN
cjal-9207	210	19	against	against	ADP
cjal-9207	210	20	defensive	defensive	ADJ
cjal-9207	210	21	tactics	tactic	NOUN
cjal-9207	210	22	in	in	ADP
cjal-9207	210	23	tender	tender	NOUN
cjal-9207	210	24	offers	offer	NOUN
cjal-9207	210	25	,	,	PUNCT
cjal-9207	210	26	33	33	NUM
cjal-9207	210	27	stan	stan	PROPN
cjal-9207	210	28	.	.	PUNCT
cjal-9207	211	1	l.	l.	PROPN
cjal-9207	211	2	rev	rev	AUX
cjal-9207	211	3	.	.	PROPN
cjal-9207	211	4	819	819	NUM
cjal-9207	211	5	,	,	PUNCT
cjal-9207	211	6	835	835	NUM
cjal-9207	211	7	-	-	SYM
cjal-9207	211	8	36	36	NUM
cjal-9207	211	9	(	(	PUNCT
cjal-9207	211	10	1981	1981	NUM
cjal-9207	211	11	)	)	PUNCT
cjal-9207	211	12	(	(	PUNCT
cjal-9207	211	13	discussing	discuss	VERB
cjal-9207	211	14	this	this	DET
cjal-9207	211	15	question	question	NOUN
cjal-9207	211	16	as	as	ADP
cjal-9207	211	17	part	part	NOUN
cjal-9207	211	18	of	of	ADP
cjal-9207	211	19	the	the	DET
cjal-9207	211	20	costs	cost	NOUN
cjal-9207	211	21	of	of	ADP
cjal-9207	211	22	the	the	DET
cjal-9207	211	23	separation	separation	NOUN
cjal-9207	211	24	between	between	ADP
cjal-9207	211	25	ownership	ownership	NOUN
cjal-9207	211	26	and	and	CCONJ
cjal-9207	211	27	control	control	NOUN
cjal-9207	211	28	)	)	PUNCT
cjal-9207	211	29	.	.	PUNCT
cjal-9207	212	1	34	34	NUM
cjal-9207	212	2	clarke	clarke	PROPN
cjal-9207	212	3	,	,	PUNCT
cjal-9207	212	4	supra	supra	PROPN
cjal-9207	212	5	note	note	PROPN
cjal-9207	212	6	19	19	NUM
cjal-9207	212	7	,	,	PUNCT
cjal-9207	212	8	at	at	ADP
cjal-9207	212	9	499	499	NUM
cjal-9207	212	10	:	:	PUNCT
cjal-9207	212	11	(	(	PUNCT
cjal-9207	212	12	"	"	PUNCT
cjal-9207	212	13	however	however	ADV
cjal-9207	212	14	,	,	PUNCT
cjal-9207	212	15	no	no	ADV
cjal-9207	212	16	matter	matter	ADV
cjal-9207	212	17	how	how	SCONJ
cjal-9207	212	18	far	far	ADV
cjal-9207	212	19	up	up	ADP
cjal-9207	212	20	the	the	DET
cjal-9207	212	21	chain	chain	NOUN
cjal-9207	212	22	of	of	ADP
cjal-9207	212	23	monitors	monitor	NOUN
cjal-9207	212	24	we	we	PRON
cjal-9207	212	25	go	go	VERB
cjal-9207	212	26	,	,	PUNCT
cjal-9207	212	27	we	we	PRON
cjal-9207	212	28	never	never	ADV
cjal-9207	212	29	run	run	VERB
cjal-9207	212	30	into	into	ADP
cjal-9207	212	31	an	an	DET
cjal-9207	212	32	ultimate	ultimate	ADJ
cjal-9207	212	33	principle	principle	NOUN
cjal-9207	212	34	...	...	PUNCT
cjal-9207	212	35	as	as	ADP
cjal-9207	212	36	a	a	DET
cjal-9207	212	37	re	re	X
cjal-9207	212	38	s	s	NOUN
cjal-9207	212	39	ult	ult	PROPN
cjal-9207	212	40	,	,	PUNCT
cjal-9207	212	41	effective	effective	ADJ
cjal-9207	212	42	monitoring	monitoring	NOUN
cjal-9207	212	43	can	can	AUX
cjal-9207	212	44	not	not	PART
cjal-9207	212	45	take	take	VERB
cjal-9207	212	46	place	place	NOUN
cjal-9207	212	47	because	because	SCONJ
cjal-9207	212	48	there	there	PRON
cjal-9207	212	49	is	be	VERB
cjal-9207	212	50	nobody	nobody	PRON
cjal-9207	212	51	in	in	ADP
cjal-9207	212	52	the	the	DET
cjal-9207	212	53	chain	chain	NOUN
cjal-9207	212	54	of	of	ADP
cjal-9207	212	55	monitor	monitor	PROPN
cjal-9207	212	56	s	s	VERB
cjal-9207	212	57	with	with	ADP
cjal-9207	212	58	the	the	DET
cjal-9207	212	59	appropriate	appropriate	ADJ
cjal-9207	212	60	incentives	incentive	NOUN
cjal-9207	212	61	;	;	PUNCT
cjal-9207	212	62	nobody	nobody	PRON
cjal-9207	212	63	is	be	AUX
cjal-9207	212	64	entitled	entitle	VERB
cjal-9207	212	65	to	to	ADP
cjal-9207	212	66	the	the	DET
cjal-9207	212	67	increase	increase	NOUN
cjal-9207	212	68	in	in	ADP
cjal-9207	212	69	asset	asset	NOUN
cjal-9207	212	70	value	value	NOUN
cjal-9207	212	71	that	that	PRON
cjal-9207	212	72	effective	effective	ADJ
cjal-9207	212	73	monitoring	monitoring	NOUN
cjal-9207	212	74	would	would	AUX
cjal-9207	212	75	bring	bring	VERB
cjal-9207	212	76	about	about	ADP
cjal-9207	212	77	.	.	PUNCT
cjal-9207	213	1	"	"	PUNCT
cjal-9207	213	2	)	)	PUNCT
cjal-9207	213	3	.	.	PUNCT
cjal-9207	214	1	33	33	NUM
cjal-9207	214	2	howson	howson	PROPN
cjal-9207	214	3	,	,	PUNCT
cjal-9207	214	4	supra	supra	PROPN
cjal-9207	214	5	note	note	PROPN
cjal-9207	214	6	25	25	NUM
cjal-9207	214	7	,	,	PUNCT
cjal-9207	214	8	at	at	ADP
cjal-9207	214	9	53	53	NUM
cjal-9207	214	10	.	.	SYM
cjal-9207	214	11	12	12	NUM
cjal-9207	214	12	columbia	columbia	PROPN
cjal-9207	214	13	j	j	PROPN
cjal-9207	214	14	ournal	ournal	ADJ
cjal-9207	214	15	of	of	ADP
cjal-9207	214	16	asia.\	asia.\	ADJ
cjal-9207	214	17	'	'	PUNCT
cjal-9207	214	18	law	law	NOUN
cjal-9207	215	1	[	[	X
cjal-9207	215	2	vol	vol	NOUN
cjal-9207	215	3	.	.	PUNCT
cjal-9207	216	1	30:1	30:1	NUM
cjal-9207	216	2	notwithstanding	notwithstanding	ADP
cjal-9207	216	3	the	the	DET
cjal-9207	216	4	above	above	ADJ
cjal-9207	216	5	and	and	CCONJ
cjal-9207	216	6	contrary	contrary	ADJ
cjal-9207	216	7	to	to	ADP
cjal-9207	216	8	most	most	ADJ
cjal-9207	216	9	com~	com~	NOUN
cjal-9207	216	10	on	on	ADP
cjal-9207	216	11	understandings	understanding	NOUN
cjal-9207	216	12	of	of	ADP
cjal-9207	216	13	the	the	DET
cjal-9207	216	14	chines	chines	PROPN
cjal-9207	216	15	e	e	NOUN
cjal-9207	216	16	situation	situation	NOUN
cjal-9207	216	17	,	,	PUNCT
cjal-9207	216	18	there	there	PRON
cjal-9207	216	19	is	be	VERB
cjal-9207	216	20	evid	evid	PROPN
cjal-9207	216	21	~	~	SYM
cjal-9207	216	22	nce	nce	NOUN
cjal-9207	216	23	of	of	ADP
cjal-9207	216	24	alte	alte	PROPN
cjal-9207	216	25	rnativ	rnativ	PROPN
cjal-9207	216	26	e	e	PROPN
cjal-9207	216	27	mechanisms	mechanism	NOUN
cjal-9207	216	28	in	in	ADP
cjal-9207	216	29	the	the	DET
cjal-9207	216	30	highly	highly	ADV
cjal-9207	216	31	-	-	PUNCT
cjal-9207	216	32	concentr	concentr	NOUN
cjal-9207	216	33	ated	ate	VERB
cjal-9207	216	34	chinese	chinese	ADJ
cjal-9207	216	35	capital	capital	NOUN
cjal-9207	216	36	markets	market	NOUN
cjal-9207	216	37	that	that	PRON
cjal-9207	216	38	may	may	AUX
cjal-9207	216	39	act	act	VERB
cjal-9207	216	40	as	as	ADP
cjal-9207	216	41	partial	partial	ADJ
cjal-9207	216	42	substitutes	substitute	NOUN
cjal-9207	216	43	for	for	ADP
cjal-9207	216	44	conve	conve	NOUN
cjal-9207	216	45	nt	not	PART
cjal-9207	216	46	ional	ional	ADJ
cjal-9207	216	47	internal	internal	ADJ
cjal-9207	216	48	corporate	corporate	ADJ
cjal-9207	216	49	governance	governance	NOUN
cjal-9207	216	50	mechanisms	mechanism	NOUN
cjal-9207	216	51	and	and	CCONJ
cjal-9207	216	52	for	for	ADP
cjal-9207	216	53	a	a	DET
cjal-9207	216	54	robu	robu	NOUN
cjal-9207	216	55	st	st	PROPN
cjal-9207	216	56	market	market	NOUN
cjal-9207	216	57	for	for	ADP
cjal-9207	216	58	corporate	corporate	ADJ
cjal-9207	216	59	contr?l	contr?l	PROPN
cjal-9207	216	60	.	.	PROPN
cjal-9207	217	1	36	36	NUM
cjal-9207	217	2	i	i	PRON
cjal-9207	217	3	canvas	canvas	VERB
cjal-9207	217	4	some	some	PRON
cjal-9207	217	5	of	of	ADP
cjal-9207	217	6	these	these	DET
cjal-9207	217	7	mechanisms	mechanism	NOUN
cjal-9207	217	8	immediately	immediately	ADV
cjal-9207	217	9	below	below	ADV
cjal-9207	217	10	,	,	PUNCT
cjal-9207	217	11	and	and	CCONJ
cjal-9207	217	12	then	then	ADV
cjal-9207	217	13	consider	consider	VERB
cjal-9207	217	14	whether	whether	SCONJ
cjal-9207	217	15	they	they	PRON
cjal-9207	217	16	do	do	AUX
cjal-9207	217	17	indeed	indeed	ADV
cjal-9207	217	18	enable	enable	VERB
cjal-9207	217	19	the	the	DET
cjal-9207	217	20	monit	monit	NOUN
cjal-9207	217	21	oring	oring	NOUN
cjal-9207	217	22	of	of	ADP
cjal-9207	217	23	corporate	corporate	ADJ
cjal-9207	217	24	insiders	insider	NOUN
cjal-9207	217	25	~nd	~nd	AUX
cjal-9207	217	26	some	some	DET
cjal-9207	217	27	level	level	NOUN
cjal-9207	217	28	of	of	ADP
cjal-9207	217	29	protection	protection	NOUN
cjal-9207	217	30	for	for	ADP
cjal-9207	217	31	minority	minority	NOUN
cjal-9207	217	32	public	public	ADJ
cjal-9207	217	33	shareholders	shareholder	NOUN
cjal-9207	217	34	agamst	agamst	PROPN
cjal-9207	217	35	exploitation	exploitation	NOUN
cjal-9207	217	36	-	-	PUNCT
cjal-9207	217	37	thus	thus	ADV
cjal-9207	217	38	resulting	result	VERB
cjal-9207	217	39	in	in	ADP
cjal-9207	217	40	the	the	DET
cjal-9207	217	41	empowerment	empowerment	NOUN
cjal-9207	217	42	of	of	ADP
cjal-9207	217	43	minority	minority	NOUN
cjal-9207	217	44	public	public	ADJ
cjal-9207	217	45	shareholders	shareholder	NOUN
cjal-9207	217	46	in	in	ADP
cjal-9207	217	47	china	china	PROPN
cjal-9207	217	48	.	.	PUNCT
cjal-9207	218	1	1	1	X
cjal-9207	218	2	.	.	X
cjal-9207	218	3	monitoring	monitor	VERB
cjal-9207	218	4	37	37	NUM
cjal-9207	218	5	in	in	ADP
cjal-9207	218	6	my	my	PRON
cjal-9207	218	7	view	view	NOUN
cjal-9207	218	8	,	,	PUNCT
cjal-9207	218	9	the	the	DET
cjal-9207	218	10	absenc	absenc	NOUN
cjal-9207	218	11	e	e	PROPN
cjal-9207	218	12	of	of	ADP
cjal-9207	218	13	common	common	ADJ
cjal-9207	218	14	external	external	ADJ
cjal-9207	218	15	monitoring	monitoring	NOUN
cjal-9207	218	16	mechanisms	mechanism	NOUN
cjal-9207	218	17	and	and	CCONJ
cjal-9207	218	18	the	the	DET
cjal-9207	218	19	weakness	weakness	NOUN
cjal-9207	218	20	of	of	ADP
cjal-9207	218	21	conventional	conventional	ADJ
cjal-9207	218	22	int	int	NOUN
cjal-9207	218	23	er	er	INTJ
cjal-9207	218	24	nal	nal	ADJ
cjal-9207	218	25	monitoring	monitoring	NOUN
cjal-9207	218	26	mechanisms	mechanism	NOUN
cjal-9207	218	27	are	be	AUX
cjal-9207	218	28	in	in	ADP
cjal-9207	218	29	some	some	DET
cjal-9207	218	30	ways	way	NOUN
cjal-9207	218	31	compensated	compensate	VERB
cjal-9207	218	32	for	for	ADP
cjal-9207	218	33	by	by	ADP
cjal-9207	218	34	two	two	NUM
cjal-9207	218	35	mechanisms	mechanism	NOUN
cjal-9207	218	36	in	in	ADP
cjal-9207	218	37	chma	chma	NOUN
cjal-9207	218	38	:	:	PUNCT
cjal-9207	218	39	the	the	DET
cjal-9207	218	40	partystate	partystate	NOUN
cjal-9207	218	41	's	's	PART
cjal-9207	218	42	(	(	PUNCT
cjal-9207	218	43	really	really	ADV
cjal-9207	218	44	the	the	DET
cjal-9207	218	45	party	party	NOUN
cjal-9207	218	46	'	'	PART
cjal-9207	218	47	s	s	NOUN
cjal-9207	218	48	)	)	PUNCT
cjal-9207	218	49	monitoring	monitoring	NOUN
cjal-9207	218	50	of	of	ADP
cjal-9207	218	51	control	control	NOUN
cjal-9207	218	52	parties	party	NOUN
cjal-9207	218	53	and	and	CCONJ
cjal-9207	218	54	corporate	corporate	ADJ
cjal-9207	218	55	insiders	insider	NOUN
cjal-9207	218	56	directly	directly	ADV
cjal-9207	218	57	and	and	CCONJ
cjal-9207	218	58	through	through	ADP
cjal-9207	218	59	th	th	NUM
cjal-9207	218	60	e	e	X
cjal-9207	218	61	party	party	NOUN
cjal-9207	218	62	's	's	PART
cjal-9207	218	63	per	per	ADP
cjal-9207	218	64	sonnel	sonnel	ADJ
cjal-9207	218	65	management	management	NOUN
cjal-9207	218	66	system	system	NOUN
cjal-9207	218	67	;	;	PUNCT
cjal-9207	218	68	and	and	CCONJ
cjal-9207	218	69	relatedly	relatedly	ADV
cjal-9207	218	70	,	,	PUNCT
cjal-9207	218	71	how	how	SCONJ
cjal-9207	218	72	the	the	DET
cjal-9207	218	73	capital	capital	NOUN
cjal-9207	218	74	markets	market	VERB
cjal-9207	218	75	themselves	themselves	PRON
cjal-9207	218	76	-	-	PUNCT
cjal-9207	218	77	even	even	ADV
cjal-9207	218	78	in	in	ADP
cjal-9207	218	79	the	the	DET
cjal-9207	218	80	absence	absence	NOUN
cjal-9207	218	81	of	of	ADP
cjal-9207	218	82	a	a	DET
cjal-9207	218	83	market	market	NOUN
cjal-9207	218	84	for	for	ADP
cjal-9207	218	85	corporate	corporate	ADJ
cjal-9207	218	86	control	control	NOUN
cjal-9207	218	87	-	-	PUNCT
cjal-9207	218	88	impact	impact	NOUN
cjal-9207	218	89	upon	upon	SCONJ
cjal-9207	218	90	the	the	DET
cjal-9207	218	91	advanceme	advanceme	NOUN
cjal-9207	218	92	nt	not	PART
cjal-9207	218	93	of	of	ADP
cjal-9207	218	94	human	human	ADJ
cjal-9207	218	95	agents	agent	NOUN
cjal-9207	218	96	inside	inside	ADP
cjal-9207	218	97	the	the	DET
cjal-9207	218	98	party	party	NOUN
cjal-9207	218	99	per	per	ADP
cjal-9207	218	100	sonn	sonn	PROPN
cjal-9207	218	101	el	el	PROPN
cjal-9207	218	102	system	system	PROPN
cjal-9207	218	103	.	.	PUNCT
cjal-9207	219	1	th	th	X
cjal-9207	219	2	ese	ese	NOUN
cjal-9207	219	3	somewhat	somewhat	ADV
cjal-9207	219	4	sui	sui	X
cjal-9207	219	5	generis	generis	NOUN
cjal-9207	219	6	monitoring	monitoring	NOUN
cjal-9207	219	7	mechanisms	mechanism	NOUN
cjal-9207	219	8	derive	derive	VERB
cjal-9207	219	9	from	from	ADP
cjal-9207	219	10	the	the	DET
cjal-9207	219	11	prc	prc	PROPN
cjal-9207	219	12	's	's	PART
cjal-9207	219	13	unique	unique	ADJ
cjal-9207	219	14	party	party	NOUN
cjal-9207	219	15	-	-	PUNCT
cjal-9207	219	16	state	state	NOUN
cjal-9207	219	17	governanc	governanc	PROPN
cjal-9207	219	18	e	e	NOUN
cjal-9207	219	19	model	model	NOUN
cjal-9207	219	20	.	.	PUNCT
cjal-9207	220	1	that	that	DET
cjal-9207	220	2	structure	structure	NOUN
cjal-9207	220	3	embraces	embrace	VERB
cjal-9207	220	4	a	a	DET
cjal-9207	220	5	unified	unified	ADJ
cjal-9207	220	6	(	(	PUNCT
cjal-9207	220	7	single	single	ADJ
cjal-9207	220	8	)	)	PUNCT
cjal-9207	220	9	party	party	NOUN
cjal-9207	220	10	-	-	PUNCT
cjal-9207	220	11	state	state	NOUN
cjal-9207	220	12	with	with	ADP
cjal-9207	220	13	party	party	NOUN
cjal-9207	220	14	governance	governance	NOUN
cjal-9207	220	15	institutions	institution	NOUN
cjal-9207	220	16	shadowing	shadow	VERB
cjal-9207	220	17	formal	formal	ADJ
cjal-9207	220	18	state	state	NOUN
cjal-9207	220	19	structures	structure	NOUN
cjal-9207	220	20	,	,	PUNCT
cjal-9207	220	21	and	and	CCONJ
cjal-9207	220	22	a	a	DET
cjal-9207	220	23	devolution	devolution	NOUN
cjal-9207	220	24	of	of	ADP
cjal-9207	220	25	power	power	NOUN
cjal-9207	220	26	from	from	ADP
cjal-9207	220	27	the	the	DET
cjal-9207	220	28	center	center	NOUN
cjal-9207	220	29	to	to	ADP
cjal-9207	220	30	local	local	ADJ
cjal-9207	220	31	actors	actor	NOUN
cjal-9207	220	32	at	at	ADP
cjal-9207	220	33	various	various	ADJ
cjal-9207	220	34	level	level	NOUN
cjal-9207	220	35	s.	s.	PROPN
cjal-9207	220	36	38	38	NUM
cjal-9207	220	37	more	more	ADJ
cjal-9207	220	38	t	t	PROPN
cjal-9207	220	39	han	han	PROPN
cjal-9207	220	40	a	a	DET
cjal-9207	220	41	decade	decade	NOUN
cjal-9207	220	42	ago	ago	ADV
cjal-9207	220	43	,	,	PUNCT
cjal-9207	220	44	professor	professor	NOUN
cjal-9207	220	45	clarke	clarke	PROPN
cjal-9207	220	46	lamented	lament	VERB
cjal-9207	220	47	the	the	DET
cjal-9207	220	48	absent	absent	ADJ
cjal-9207	220	49	principal	principal	ADJ
cjal-9207	220	50	problem	problem	NOUN
cjal-9207	220	51	outlined	outline	VERB
cjal-9207	220	52	above	above	ADV
cjal-9207	220	53	.	.	PUNCT
cjal-9207	221	1	due	due	ADP
cjal-9207	221	2	to	to	ADP
cjal-9207	221	3	which	which	PRON
cjal-9207	221	4	state	state	NOUN
cjal-9207	221	5	organs	organ	NOUN
cjal-9207	221	6	as	as	ADP
cjal-9207	221	7	dominant	dominant	ADJ
cjal-9207	221	8	shareholders	shareholder	NOUN
cjal-9207	221	9	of	of	ADP
cjal-9207	221	10	publicly	publicly	ADV
cjal-9207	221	11	listed	list	VERB
cjal-9207	221	12	16	16	NUM
cjal-9207	221	13	see	see	NOUN
cjal-9207	221	14	,	,	PUNCT
cjal-9207	221	15	e.g.	e.g.	ADV
cjal-9207	221	16	,	,	PUNCT
cjal-9207	221	17	nicholas	nicholas	PROPN
cjal-9207	221	18	c.	c.	PROPN
cjal-9207	221	19	how	how	SCONJ
cjal-9207	221	20	so	so	ADV
cjal-9207	221	21	n	n	CCONJ
cjal-9207	221	22	,	,	PUNCT
cjal-9207	221	23	"	"	PUNCT
cjal-9207	221	24	quack	quack	ADJ
cjal-9207	221	25	corporate	corporate	ADJ
cjal-9207	221	26	governance	governance	NOUN
cjal-9207	221	27	"	"	PUNCT
cjal-9207	221	28	as	as	ADP
cjal-9207	221	29	trodillonal	trodillonal	ADJ
cjal-9207	221	30	chinese	chinese	ADJ
cjal-9207	221	31	medicine	medicine	NOUN
cjal-9207	221	32	:	:	PUNCT
cjal-9207	221	33	the	the	DET
cjal-9207	221	34	securities	security	NOUN
cjal-9207	221	35	regulation	regulation	NOUN
cjal-9207	221	36	cannibalization	cannibalization	NOUN
cjal-9207	221	37	of	of	ADP
cjal-9207	221	38	chinas	chinas	PROPN
cjal-9207	221	39	corporate	corporate	ADJ
cjal-9207	221	40	lau	lau	PROPN
cjal-9207	221	41	and	and	CCONJ
cjal-9207	221	42	a	a	DET
cjal-9207	221	43	state	state	NOUN
cjal-9207	221	44	regulator	regulator	NOUN
cjal-9207	221	45	's	's	PART
cjal-9207	221	46	battl	battl	NOUN
cjal-9207	221	47	e	e	NOUN
cjal-9207	221	48	against	against	ADP
cjal-9207	221	49	par	par	NOUN
cjal-9207	221	50	ty	ty	INTJ
cjal-9207	221	51	state	state	NOUN
cjal-9207	221	52	political	political	ADJ
cjal-9207	221	53	economi	economi	NOUN
cjal-9207	221	54	c	c	PROPN
cjal-9207	221	55	pou	pou	X
cjal-9207	221	56	:	:	PUNCT
cjal-9207	221	57	er	er	INTJ
cjal-9207	221	58	,	,	PUNCT
cjal-9207	221	59	37	37	NUM
cjal-9207	221	60	seattle	seattle	PROPN
cjal-9207	221	61	u.l	u.l	PROPN
cjal-9207	221	62	.	.	PROPN
cjal-9207	221	63	rev	rev	PROPN
cjal-9207	221	64	.	.	PROPN
cjal-9207	221	65	667	667	NUM
cjal-9207	221	66	,	,	PUNCT
cjal-9207	221	67	698	698	NUM
cjal-9207	221	68	,	,	PUNCT
cjal-9207	221	69	701	701	NUM
cjal-9207	221	70	07	07	NUM
cjal-9207	221	71	(	(	PUNCT
cjal-9207	221	72	20	20	NUM
cjal-9207	221	73	14	14	NUM
cjal-9207	221	74	)	)	PUNCT
cjal-9207	221	75	(	(	PUNCT
cjal-9207	221	76	focusing	focus	VERB
cjal-9207	221	77	on	on	ADP
cjal-9207	221	78	the	the	DET
cjal-9207	221	79	role	role	NOUN
cjal-9207	221	80	of	of	ADP
cjal-9207	221	81	t	t	PROPN
cjal-9207	221	82	he	he	PRON
cjal-9207	221	83	chin	chin	PROPN
cjal-9207	221	84	ese	ese	PROPN
cjal-9207	221	85	sec	sec	PROPN
cjal-9207	221	86	urities	uritie	NOUN
cjal-9207	221	87	regulator	regulator	NOUN
cjal-9207	221	88	)	)	PUNCT
cjal-9207	221	89	.	.	PUNCT
cjal-9207	222	1	,	,	PUNCT
cjal-9207	222	2	r	r	X
cjal-9207	222	3	,	,	PUNCT
cjal-9207	222	4	t	t	NOUN
cjal-9207	222	5	he	he	PRON
cjal-9207	222	6	main	main	ADJ
cjal-9207	222	7	concern	concern	NOUN
cjal-9207	222	8	of	of	ADP
cjal-9207	222	9	thi	thi	PROPN
cjal-9207	222	10	s	s	PRON
cjal-9207	222	11	article	article	NOUN
cjal-9207	222	12	is	be	AUX
cjal-9207	222	13	the	the	DET
cjal-9207	222	14	s	s	NOUN
cjal-9207	222	15	hiftin	hiftin	NOUN
cjal-9207	222	16	g	g	PROPN
cjal-9207	222	17	role	role	NOUN
cjal-9207	222	18	of	of	ADP
cjal-9207	222	19	mrn	mrn	PROPN
cjal-9207	222	20	ority	ority	PROPN
cjal-9207	222	21	public	public	ADJ
cjal-9207	222	22	shareholders	shareholder	NOUN
cjal-9207	222	23	as	as	ADP
cjal-9207	222	24	corporate	corporate	ADJ
cjal-9207	222	25	governance	governance	NOUN
cjal-9207	222	26	play	play	VERB
cjal-9207	222	27	ers	er	NOUN
cjal-9207	222	28	in	in	ADP
cjal-9207	222	29	chin	chin	PROPN
cjal-9207	222	30	a.	a.	PROPN
cjal-9207	222	31	t	t	PROPN
cjal-9207	222	32	herefore	herefore	ADV
cjal-9207	222	33	,	,	PUNCT
cjal-9207	222	34	i	i	PRON
cjal-9207	222	35	only	only	ADV
cjal-9207	222	36	discuss	discuss	VERB
cjal-9207	222	37	specific	specific	ADJ
cjal-9207	222	38	monitoring	monitoring	NOUN
cjal-9207	222	39	mec	mec	X
cjal-9207	222	40	hanisms	hanism	NOUN
cjal-9207	222	41	which	which	DET
cjal-9207	222	42	dir	dir	NOUN
cjal-9207	222	43	ectly	ectly	ADV
cjal-9207	222	44	involve	involve	VERB
cjal-9207	222	45	shar	shar	PROPN
cjal-9207	222	46	eholders	eholder	NOUN
cjal-9207	222	47	,	,	PUNCT
cjal-9207	222	48	including	include	VERB
cjal-9207	222	49	monitormg	monitormg	NOUN
cjal-9207	222	50	of	of	ADP
cjal-9207	222	51	insiden	insiden	VERB
cjal-9207	222	52	,	,	PUNCT
cjal-9207	222	53	by	by	ADP
cjal-9207	222	54	control	control	NOUN
cjal-9207	222	55	parties	party	NOUN
cjal-9207	222	56	and	and	CCONJ
cjal-9207	222	57	the	the	DET
cjal-9207	222	58	traditional	traditional	ADJ
cjal-9207	222	59	fun	fun	NOUN
cjal-9207	222	60	ct	ct	NOUN
cjal-9207	222	61	ion	ion	NOUN
cjal-9207	222	62	of	of	ADP
cjal-9207	222	63	capital	capital	NOUN
cjal-9207	222	64	markets	market	NOUN
cjal-9207	222	65	monitoring	monitor	VERB
cjal-9207	222	66	.	.	PUNCT
cjal-9207	223	1	additional	additional	ADJ
cjal-9207	223	2	common	common	ADJ
cjal-9207	223	3	external	external	NOUN
cjal-9207	223	4	a	a	DET
cjal-9207	223	5	nd	nd	ADV
cjal-9207	223	6	internal	internal	ADJ
cjal-9207	223	7	monitoring	monitoring	NOUN
cjal-9207	223	8	mec	mec	PROPN
cjal-9207	223	9	hani	hani	PROPN
cjal-9207	223	10	sm	sm	PROPN
cjal-9207	223	11	s	s	PROPN
cjal-9207	223	12	,	,	PUNCT
cjal-9207	223	13	however	however	ADV
cjal-9207	223	14	,	,	PUNCT
cjal-9207	223	15	are	be	AUX
cjal-9207	223	16	also	also	ADV
cjal-9207	223	17	known	know	VERB
cjal-9207	223	18	to	to	PART
cjal-9207	223	19	be	be	AUX
cjal-9207	223	20	weak	weak	ADJ
cjal-9207	223	21	,	,	PUNCT
cjal-9207	223	22	or	or	CCONJ
cjal-9207	223	23	absent	absent	ADJ
cjal-9207	223	24	,	,	PUNCT
cjal-9207	223	25	in	in	ADP
cjal-9207	223	26	china	china	PROPN
cjal-9207	223	27	.	.	PUNCT
cjal-9207	224	1	specifically	specifically	ADV
cjal-9207	224	2	,	,	PUNCT
cjal-9207	224	3	listed	list	VERB
cjal-9207	224	4	firm	firm	NOUN
cjal-9207	224	5	s	s	PART
cjal-9207	224	6	in	in	ADP
cjal-9207	224	7	china	china	PROPN
cjal-9207	224	8	,	,	PUNCT
cjal-9207	224	9	and	and	CCONJ
cjal-9207	224	10	even	even	ADV
cjal-9207	224	11	more	more	ADV
cjal-9207	224	12	so	so	SCONJ
cjal-9207	224	13	state	state	NOUN
cjal-9207	224	14	-	-	PUNCT
cjal-9207	224	15	controlled	control	VERB
cjal-9207	224	16	firms	firm	NOUN
cjal-9207	224	17	,	,	PUNCT
cjal-9207	224	18	hav~	hav~	ADJ
cjal-9207	224	19	little	little	ADJ
cjal-9207	224	20	fear	fear	NOUN
cjal-9207	224	21	ofban	ofban	ADJ
cjal-9207	224	22	~	~	NOUN
cjal-9207	224	23	uptcy	uptcy	NOUN
cjal-9207	224	24	.	.	PUNCT
cjal-9207	224	25	!	!	PUNCT
cjal-9207	225	1	ti	ti	PROPN
cjal-9207	225	2	s	s	AUX
cjal-9207	225	3	assumed	assume	VERB
cjal-9207	225	4	th	th	X
cjal-9207	225	5	at	at	ADP
cjal-9207	225	6	ce	ce	PROPN
cjal-9207	225	7	ntr	ntr	PROPN
cjal-9207	225	8	al	al	PROPN
cjal-9207	225	9	and	and	CCONJ
cjal-9207	225	10	local	local	ADJ
cjal-9207	225	11	governments	government	NOUN
cjal-9207	225	12	,	,	PUNCT
cjal-9207	225	13	which	which	PRON
cjal-9207	225	14	rely	rely	VERB
cjal-9207	225	15	on	on	ADP
cjal-9207	225	16	listed	list	VERB
cjal-9207	225	17	firms	firm	NOUN
cjal-9207	225	18	for	for	ADP
cjal-9207	225	19	social	social	ADJ
cjal-9207	225	20	sta	sta	NOUN
cjal-9207	225	21	bility	bility	NOUN
cjal-9207	225	22	purposes	purpose	NOUN
cjal-9207	225	23	(	(	PUNCT
cjal-9207	225	24	ma	ma	PROPN
cjal-9207	225	25	inl	inl	PROPN
cjal-9207	225	26	y	y	PROPN
cjal-9207	225	27	through	through	ADP
cjal-9207	225	28	emp	emp	NOUN
cjal-9207	225	29	loyment	loyment	NOUN
cjal-9207	225	30	)	)	PUNCT
cjal-9207	225	31	will	will	AUX
cjal-9207	225	32	aid	aid	VERB
cjal-9207	225	33	them	they	PRON
cjal-9207	225	34	befor	befor	ADP
cjal-9207	225	35	_	_	DET
cjal-9207	225	36	e_bankruptcy	e_bankruptcy	NOUN
cjal-9207	225	37	.	.	PUNCT
cjal-9207	226	1	additionally	additionally	ADV
cjal-9207	226	2	,	,	PUNCT
cjal-9207	226	3	credito~	credito~	PROPN
cjal-9207	226	4	s	s	PRON
cjal-9207	226	5	tend	tend	VERB
cjal-9207	226	6	not	not	PART
cjal-9207	226	7	to	to	PART
cjal-9207	226	8	monitor	monitor	VERB
cjal-9207	226	9	and	and	CCONJ
cjal-9207	226	10	banks	bank	NOUN
cjal-9207	226	11	~ntmue	~ntmue	NOUN
cjal-9207	226	12	lending	lending	NOUN
cjal-9207	226	13	to	to	ADP
cjal-9207	226	14	~ailing	~aile	VERB
cjal-9207	226	15	state	state	NOUN
cjal-9207	226	16	-	-	PUNCT
cjal-9207	226	17	c	c	NOUN
cjal-9207	226	18	~	~	PUNCT
cjal-9207	226	19	ntr?lle~	ntr?lle~	ADP
cjal-9207	226	20	~m	~m	PUNCT
cjal-9207	226	21	s.	s.	PROPN
cjal-9207	226	22	see	see	VERB
cjal-9207	226	23	,	,	PUNCT
cjal-9207	226	24	jiang	jiang	PROPN
cjal-9207	226	25	&	&	CCONJ
cjal-9207	226	26	kim	kim	PROPN
cjal-9207	226	27	,	,	PUNCT
cjal-9207	226	28	supra	supra	PROPN
cjal-9207	226	29	note	note	PROPN
cjal-9207	226	30	11	11	NUM
cjal-9207	226	31	.	.	PUNCT
cjal-9207	227	1	for	for	ADP
cjal-9207	227	2	a	a	DET
cjal-9207	227	3	comprehe	comprehe	ADV
cjal-9207	227	4	ns	ns	INTJ
cjal-9207	227	5	i	i	PRON
cjal-9207	227	6	ve	ve	VERB
cjal-9207	227	7	'	'	PUNCT
cjal-9207	227	8	.ev1ew	.ev1ew	PROPN
cjal-9207	227	9	of	of	ADP
cjal-9207	227	10	a	a	DET
cjal-9207	227	11	ltern	ltern	ADJ
cjal-9207	227	12	at'.ve	at'.ve	ADJ
cjal-9207	227	13	mst1tut1ons	mst1tut1on	NOUN
cjal-9207	227	14	of	of	ADP
cjal-9207	227	15	corporate	corporate	ADJ
cjal-9207	227	16	governance	governance	NOUN
cjal-9207	227	17	in	in	ADP
cjal-9207	227	18	china	china	PROPN
cjal-9207	227	19	,	,	PUNCT
cjal-9207	227	20	outside	outside	ADP
cjal-9207	227	21	of	of	ADP
cjal-9207	227	22	s	s	PART
cjal-9207	227	23	hare	hare	NOUN
cjal-9207	227	24	holders	holder	NOUN
cjal-9207	227	25	'	'	PART
cjal-9207	227	26	mv?lvem	mv?lvem	PROPN
cjal-9207	227	27	e	e	PROPN
cjal-9207	227	28	nt	not	PART
cjal-9207	227	29	specifically	specifically	ADV
cjal-9207	227	30	,	,	PUNCT
cjal-9207	227	31	see	see	VERB
cjal-9207	227	32	don	don	PROPN
cjal-9207	227	33	~	~	PROPN
cjal-9207	227	34	jd	jd	PROPN
cjal-9207	227	35	c.	c.	PROPN
cjal-9207	227	36	clar	clar	PROPN
cjal-9207	227	37	ke	ke	PROPN
cjal-9207	227	38	,	,	PUNCT
cjal-9207	227	39	the	the	DET
cjal-9207	227	40	rol	rol	PROPN
cjal-9207	227	41	e	e	PROPN
cjal-9207	227	42	of	of	ADP
cjal-9207	227	43	s	s	PRON
cjal-9207	227	44	on	on	ADP
cjal-9207	227	45	-	-	PUNCT
cjal-9207	227	46	legal	legal	ADJ
cjal-9207	227	47	institutions	institution	NOUN
cjal-9207	227	48	in	in	ADP
cjal-9207	227	49	chinese	chinese	PROPN
cjal-9207	227	50	corpo	corpo	NOUN
cjal-9207	227	51	~	~	PROPN
cjal-9207	227	52	te	te	PROPN
cjal-9207	227	53	governance	governance	NOUN
cjal-9207	227	54	,	,	PUNCT
cjal-9207	227	55	111	111	NUM
cjal-9207	227	56	.	.	PUNCT
cjal-9207	228	1	transformi	transformi	PROPN
cjal-9207	228	2	~	~	PUNCT
cjal-9207	228	3	g	g	PROPN
cjal-9207	228	4	corporate	corporate	ADJ
cjal-9207	228	5	go\'eft	go\'eft	PROPN
cjal-9207	228	6	.	.	PUNCT
cjal-9207	229	1	'-a	'-a	PROPN
cjal-9207	229	2	.	.	PUNCT
cjal-9207	230	1	'-ce	'-ce	PROPN
cjal-9207	230	2	1	1	NUM
cjal-9207	230	3	~	~	PUNCT
cjal-9207	230	4	east	east	NOUN
cjal-9207	230	5	asla	asla	PROPN
cjal-9207	230	6	168	168	NUM
cjal-9207	230	7	(	(	PUNCT
cjal-9207	230	8	hideki	hideki	PROPN
cjal-9207	230	9	kanda	kanda	PROPN
cjal-9207	230	10	et	et	PROPN
cjal-9207	230	11	al	al	PROPN
cjal-9207	230	12	.	.	PUNCT
cjal-9207	231	1	e	e	PROPN
cjal-9207	231	2	ds	ds	PROPN
cjal-9207	231	3	.	.	PROPN
cjal-9207	231	4	,	,	PUNCT
cjal-9207	231	5	2008	2008	NUM
cjal-9207	231	6	)	)	PUNCT
cjal-9207	231	7	.	.	PUNCT
cjal-9207	232	1	38	38	NUM
cjal-9207	232	2	see	see	VERB
cjal-9207	232	3	generally	generally	ADV
cjal-9207	232	4	kenneth	kenneth	PROPN
cjal-9207	232	5	lieber.thal	lieber.thal	PROPN
cjal-9207	232	6	&	&	CCONJ
cjal-9207	232	7	mi	mi	PROPN
cjal-9207	232	8	chel	chel	PROPN
cjal-9207	232	9	oksenberg	oksenberg	PROPN
cjal-9207	232	10	,	,	PUNCT
cjal-9207	232	11	policy	policy	NOUN
cjal-9207	232	12	!	!	PUNCT
cjal-9207	233	1	\.'lumm	\.'lumm	VERB
cjal-9207	233	2	in	in	ADP
cjal-9207	233	3	chi_na	chi_na	VERB
cjal-9207	233	4	:	:	PUNCT
cjal-9207	233	5	leade~	leade~	VERB
cjal-9207	233	6	,	,	PUNCT
cjal-9207	233	7	s	s	PART
cjal-9207	233	8	:	:	PUNCT
cjal-9207	233	9	ructures	ructure	NOUN
cjal-9207	233	10	,	,	PUNCT
cjal-9207	233	11	_	_	NOUN
cjal-9207	233	12	and	and	CCONJ
cjal-9207	233	13	processes	process	VERB
cjal-9207	233	14	135	135	NUM
cjal-9207	233	15	-	-	SYM
cjal-9207	233	16	168	168	NUM
cjal-9207	233	17	(	(	PUNCT
cjal-9207	233	18	1990	1990	NUM
cjal-9207	233	19	)	)	PUNCT
cjal-9207	233	20	(	(	PUNCT
cjal-9207	233	21	describing	describe	VERB
cjal-9207	233	22	the	the	DET
cjal-9207	233	23	hierarchical	hierarchical	ADJ
cjal-9207	233	24	honwntal	honwntal	ADJ
cjal-9207	233	25	(	(	PUNCT
cjal-9207	233	26	terntonal	terntonal	NOUN
cjal-9207	233	27	)	)	PUNCT
cjal-9207	233	28	and	and	CCONJ
cjal-9207	233	29	vertical	vertical	ADJ
cjal-9207	233	30	(	(	PUNCT
cjal-9207	233	31	from	from	ADP
cjal-9207	233	32	central	central	ADJ
cjal-9207	233	33	level	level	NOUN
cjal-9207	233	34	down	down	ADP
cjal-9207	233	35	to	to	ADP
cjal-9207	233	36	localiti	localiti	PROPN
cjal-9207	233	37	)	)	PUNCT
cjal-9207	233	38	1	1	NUM
cjal-9207	233	39	1	1	NUM
cjal-9207	233	40	f	f	NOUN
cjal-9207	233	41	h	h	NOUN
cjal-9207	233	42	within	within	ADP
cjal-9207	233	43	th	th	X
cjal-9207	233	44	e	e	NOUN
cjal-9207	233	45	chinese	chinese	ADJ
cjal-9207	233	46	government	government	NOUN
cjal-9207	233	47	)	)	PUNCT
cjal-9207	233	48	.	.	PUNCT
cjal-9207	234	1	es	es	ADP
cjal-9207	234	2	eve	eve	NOUN
cjal-9207	234	3	5	5	NUM
cjal-9207	234	4	0	0	NUM
cjal-9207	234	5	aut	aut	NOUN
cjal-9207	234	6	onty	onty	NOUN
cjal-9207	234	7	2016	2016	NUM
cjal-9207	234	8	]	]	PUNCT
cjal-9207	234	9	minority	minority	NOUN
cjal-9207	234	10	pubuc	pubuc	NOUN
cjal-9207	234	11	shareholders	shareholder	NOUN
cjal-9207	234	12	in	in	ADP
cjal-9207	234	13	china	china	PROPN
cjal-9207	234	14	13	13	NUM
cjal-9207	234	15	corporations	corporation	NOUN
cjal-9207	234	16	in	in	ADP
cjal-9207	234	17	china	china	PROPN
cjal-9207	234	18	seem	seem	VERB
cjal-9207	234	19	"	"	PUNCT
cjal-9207	234	20	to	to	AUX
cjal-9207	234	21	either	either	PRON
cjal-9207	234	22	abuse	abuse	VERB
cjal-9207	234	23	their	their	PRON
cjal-9207	234	24	control	control	NOUN
cjal-9207	234	25	or	or	CCONJ
cjal-9207	234	26	to	to	PART
cjal-9207	234	27	fail	fail	VERB
cjal-9207	234	28	to	to	PART
cjal-9207	234	29	exercise	exercise	VERB
cjal-9207	234	30	it	it	PRON
cjal-9207	234	31	entirely	entirely	ADV
cjal-9207	234	32	.	.	PUNCT
cjal-9207	234	33	"	"	PUNCT
cjal-9207	235	1	39	39	NUM
cjal-9207	235	2	i	i	PRON
cjal-9207	235	3	assert	assert	VERB
cjal-9207	235	4	,	,	PUNCT
cjal-9207	235	5	however	however	ADV
cjal-9207	235	6	,	,	PUNCT
cjal-9207	235	7	that	that	SCONJ
cjal-9207	235	8	where	where	SCONJ
cjal-9207	235	9	the	the	DET
cjal-9207	235	10	controlling	control	VERB
cjal-9207	235	11	state	state	NOUN
cjal-9207	235	12	shareholder	shareholder	NOUN
cjal-9207	235	13	fails	fail	VERB
cjal-9207	235	14	to	to	PART
cjal-9207	235	15	monitor	monitor	VERB
cjal-9207	235	16	the	the	DET
cjal-9207	235	17	insiders	insider	NOUN
cjal-9207	235	18	in	in	ADP
cjal-9207	235	19	individual	individual	ADJ
cjal-9207	235	20	firms	firm	NOUN
cjal-9207	235	21	,	,	PUNCT
cjal-9207	235	22	the	the	DET
cjal-9207	235	23	chinese	chinese	ADJ
cjal-9207	235	24	communist	communist	PROPN
cjal-9207	235	25	party	party	PROPN
cjal-9207	235	26	and	and	CCONJ
cjal-9207	235	27	its	its	PRON
cjal-9207	235	28	institutions	institution	NOUN
cjal-9207	235	29	step	step	VERB
cjal-9207	235	30	in	in	ADV
cjal-9207	235	31	.	.	PUNCT
cjal-9207	236	1	the	the	DET
cjal-9207	236	2	communist	communist	PROPN
cjal-9207	236	3	party	party	PROPN
cjal-9207	236	4	and	and	CCONJ
cjal-9207	236	5	its	its	PRON
cjal-9207	236	6	human	human	ADJ
cjal-9207	236	7	agents	agent	NOUN
cjal-9207	236	8	have	have	VERB
cjal-9207	236	9	various	various	ADJ
cjal-9207	236	10	discrete	discrete	ADJ
cjal-9207	236	11	incentives	incentive	NOUN
cjal-9207	236	12	to	to	PART
cjal-9207	236	13	actively	actively	ADV
cjal-9207	236	14	monitor	monitor	VERB
cjal-9207	236	15	the	the	DET
cjal-9207	236	16	activities	activity	NOUN
cjal-9207	236	17	of	of	ADP
cjal-9207	236	18	both	both	CCONJ
cjal-9207	236	19	formal	formal	ADJ
cjal-9207	236	20	state	state	NOUN
cjal-9207	236	21	owners	owner	NOUN
cjal-9207	236	22	and	and	CCONJ
cjal-9207	236	23	the	the	DET
cjal-9207	236	24	managers	manager	NOUN
cjal-9207	236	25	appointed	appoint	VERB
cjal-9207	236	26	by	by	ADP
cjal-9207	236	27	them	they	PRON
cjal-9207	236	28	,	,	PUNCT
cjal-9207	236	29	especially	especially	ADV
cjal-9207	236	30	when	when	SCONJ
cjal-9207	236	31	formal	formal	ADJ
cjal-9207	236	32	state	state	NOUN
cjal-9207	236	33	ownership	ownership	NOUN
cjal-9207	236	34	and	and	CCONJ
cjal-9207	236	35	control	control	NOUN
cjal-9207	236	36	is	be	AUX
cjal-9207	236	37	vested	vest	VERB
cjal-9207	236	38	at	at	ADP
cjal-9207	236	39	non	non	ADJ
cjal-9207	236	40	-	-	ADJ
cjal-9207	236	41	central	central	ADJ
cjal-9207	236	42	state	state	NOUN
cjal-9207	236	43	levels	level	NOUN
cjal-9207	236	44	.	.	PUNCT
cjal-9207	237	1	the	the	DET
cjal-9207	237	2	central	central	ADJ
cjal-9207	237	3	chinese	chinese	ADJ
cjal-9207	237	4	communist	communist	PROPN
cjal-9207	237	5	party	party	PROPN
cjal-9207	237	6	has	have	VERB
cjal-9207	237	7	every	every	DET
cjal-9207	237	8	incentive	incentive	NOUN
cjal-9207	237	9	to	to	PART
cjal-9207	237	10	restrain	restrain	VERB
cjal-9207	237	11	the	the	DET
cjal-9207	237	12	accumulation	accumulation	NOUN
cjal-9207	237	13	of	of	ADP
cjal-9207	237	14	economic	economic	ADJ
cjal-9207	237	15	and	and	CCONJ
cjal-9207	237	16	political	political	ADJ
cjal-9207	237	17	power	power	NOUN
cjal-9207	237	18	at	at	ADP
cjal-9207	237	19	the	the	DET
cjal-9207	237	20	local	local	ADJ
cjal-9207	237	21	level	level	NOUN
cjal-9207	237	22	,	,	PUNCT
cjal-9207	237	23	notwithstanding	notwithstanding	ADP
cjal-9207	237	24	more	more	ADJ
cjal-9207	237	25	than	than	ADP
cjal-9207	237	26	three	three	NUM
cjal-9207	237	27	decades	decade	NOUN
cjal-9207	237	28	of	of	ADP
cjal-9207	237	29	devolution	devolution	NOUN
cjal-9207	237	30	in	in	ADP
cjal-9207	237	31	(	(	PUNCT
cjal-9207	237	32	the	the	DET
cjal-9207	237	33	state	state	NOUN
cjal-9207	237	34	's	's	PART
cjal-9207	237	35	)	)	PUNCT
cjal-9207	237	36	administrative	administrative	ADJ
cjal-9207	237	37	authority	authority	NOUN
cjal-9207	237	38	in	in	ADP
cjal-9207	237	39	the	the	DET
cjal-9207	237	40	service	service	NOUN
cjal-9207	237	41	of	of	ADP
cjal-9207	237	42	economic	economic	ADJ
cjal-9207	237	43	development	development	NOUN
cjal-9207	237	44	.	.	PUNCT
cjal-9207	238	1	indeed	indeed	ADV
cjal-9207	238	2	,	,	PUNCT
cjal-9207	238	3	through	through	ADP
cjal-9207	238	4	the	the	DET
cjal-9207	238	5	national	national	PROPN
cjal-9207	238	6	party	party	PROPN
cjal-9207	238	7	personnel	personnel	NOUN
cjal-9207	238	8	management	management	NOUN
cjal-9207	238	9	system	system	NOUN
cjal-9207	238	10	it	it	PRON
cjal-9207	238	11	has	have	VERB
cjal-9207	238	12	a	a	DET
cjal-9207	238	13	ready	ready	ADJ
cjal-9207	238	14	tool	tool	NOUN
cjal-9207	238	15	to	to	PART
cjal-9207	238	16	govern	govern	VERB
cjal-9207	238	17	the	the	DET
cjal-9207	238	18	career	career	NOUN
cjal-9207	238	19	advancement	advancement	NOUN
cjal-9207	238	20	path	path	NOUN
cjal-9207	238	21	of	of	ADP
cjal-9207	238	22	local	local	ADJ
cjal-9207	238	23	level	level	NOUN
cjal-9207	238	24	party	party	NOUN
cjal-9207	238	25	(	(	PUNCT
cjal-9207	238	26	and	and	CCONJ
cjal-9207	238	27	state	state	NOUN
cjal-9207	238	28	)	)	PUNCT
cjal-9207	238	29	officials	official	NOUN
cjal-9207	238	30	who	who	PRON
cjal-9207	238	31	control	control	VERB
cjal-9207	238	32	or	or	CCONJ
cjal-9207	238	33	manage	manage	VERB
cjal-9207	238	34	locally	locally	ADV
cjal-9207	238	35	-	-	PUNCT
cjal-9207	238	36	promoted	promote	VERB
cjal-9207	238	37	:	:	PUNCT
cjal-9207	238	38	firms	firm	NOUN
cjal-9207	238	39	.	.	PUNCT
cjal-9207	239	1	40	40	NUM
cjal-9207	239	2	this	this	DET
cjal-9207	239	3	party	party	NOUN
cjal-9207	239	4	system	system	NOUN
cjal-9207	239	5	-	-	PUNCT
cjal-9207	239	6	far	far	ADV
cjal-9207	239	7	more	more	ADV
cjal-9207	239	8	unified	unified	ADJ
cjal-9207	239	9	and	and	CCONJ
cjal-9207	239	10	centralized	centralized	ADJ
cjal-9207	239	11	than	than	ADP
cjal-9207	239	12	the	the	DET
cjal-9207	239	13	formal	formal	ADJ
cjal-9207	239	14	state	state	NOUN
cjal-9207	239	15	system	system	NOUN
cjal-9207	239	16	which	which	PRON
cjal-9207	239	17	it	it	PRON
cjal-9207	239	18	stands	stand	VERB
cjal-9207	239	19	behind	behind	ADP
cjal-9207	239	20	-	-	PUNCT
cjal-9207	239	21	sets	set	VERB
cjal-9207	239	22	the	the	DET
cjal-9207	239	23	criteria	criterion	NOUN
cjal-9207	239	24	for	for	ADP
cjal-9207	239	25	personnel	personnel	NOUN
cjal-9207	239	26	promotion	promotion	NOUN
cjal-9207	239	27	through	through	ADP
cjal-9207	239	28	the	the	DET
cjal-9207	239	29	party	party	NOUN
cjal-9207	239	30	hierarchy	hierarchy	NOUN
cjal-9207	239	31	.	.	PUNCT
cjal-9207	240	1	notably	notably	ADV
cjal-9207	240	2	,	,	PUNCT
cjal-9207	240	3	economic	economic	ADJ
cjal-9207	240	4	development	development	NOUN
cjal-9207	240	5	and	and	CCONJ
cjal-9207	240	6	firm	firm	ADJ
cjal-9207	240	7	performance	performance	NOUN
cjal-9207	240	8	are	be	AUX
cjal-9207	240	9	major	major	ADJ
cjal-9207	240	10	evaluation	evaluation	NOUN
cjal-9207	240	11	criteria	criterion	NOUN
cjal-9207	240	12	under	under	ADP
cjal-9207	240	13	this	this	DET
cjal-9207	240	14	system	system	NOUN
cjal-9207	240	15	.	.	PUNCT
cjal-9207	241	1	said	say	VERB
cjal-9207	241	2	another	another	DET
cjal-9207	241	3	way	way	NOUN
cjal-9207	241	4	,	,	PUNCT
cjal-9207	241	5	the	the	DET
cjal-9207	241	6	economic	economic	ADJ
cjal-9207	241	7	performance	performance	NOUN
cjal-9207	241	8	of	of	ADP
cjal-9207	241	9	statecontrolled	statecontrolled	ADJ
cjal-9207	241	10	corporations	corporation	NOUN
cjal-9207	241	11	-	-	PUNCT
cjal-9207	241	12	with	with	ADP
cjal-9207	241	13	performance	performance	NOUN
cjal-9207	241	14	measured	measure	VERB
cjal-9207	241	15	by	by	ADP
cjal-9207	241	16	revenue	revenue	NOUN
cjal-9207	241	17	growth	growth	NOUN
cjal-9207	241	18	,	,	PUNCT
cjal-9207	241	19	total	total	ADJ
cjal-9207	241	20	profits	profit	NOUN
cjal-9207	241	21	,	,	PUNCT
cjal-9207	241	22	operating	operating	NOUN
cjal-9207	241	23	profits	profit	NOUN
cjal-9207	241	24	,	,	PUNCT
cjal-9207	241	25	investments	investment	NOUN
cjal-9207	241	26	in	in	ADP
cjal-9207	241	27	technological	technological	ADJ
cjal-9207	241	28	innovation	innovation	NOUN
cjal-9207	241	29	,	,	PUNCT
cjal-9207	241	30	environmental	environmental	ADJ
cjal-9207	241	31	protection	protection	NOUN
cjal-9207	241	32	,	,	PUNCT
cjal-9207	241	33	legal	legal	ADJ
cjal-9207	241	34	disputes	dispute	NOUN
cjal-9207	241	35	,	,	PUNCT
cjal-9207	241	36	etc.-is	etc.-i	VERB
cjal-9207	241	37	an	an	DET
cjal-9207	241	38	important	important	ADJ
cjal-9207	241	39	factor	factor	NOUN
cjal-9207	241	40	in	in	ADP
cjal-9207	241	41	the	the	DET
cjal-9207	241	42	party	party	NOUN
cjal-9207	241	43	's	's	PART
cjal-9207	241	44	evaluation	evaluation	NOUN
cjal-9207	241	45	of	of	ADP
cjal-9207	241	46	agents	agent	NOUN
cjal-9207	241	47	who	who	PRON
cjal-9207	241	48	are	be	AUX
cjal-9207	241	49	tasked	task	VERB
cjal-9207	241	50	with	with	ADP
cjal-9207	241	51	managing	managing	NOUN
cjal-9207	241	52	,	,	PUNCT
cjal-9207	241	53	and	and	CCONJ
cjal-9207	241	54	of	of	ADP
cjal-9207	241	55	officials	official	NOUN
cjal-9207	241	56	tasked	task	VERB
cjal-9207	241	57	with	with	ADP
cjal-9207	241	58	monitoring	monitor	VERB
cjal-9207	241	59	such	such	ADJ
cjal-9207	241	60	enterprises	enterprise	NOUN
cjal-9207	241	61	.	.	PUNCT
cjal-9207	242	1	this	this	PRON
cjal-9207	242	2	constitutes	constitute	VERB
cjal-9207	242	3	both	both	CCONJ
cjal-9207	242	4	a	a	DET
cjal-9207	242	5	monitoring	monitoring	NOUN
cjal-9207	242	6	mechanism	mechanism	NOUN
cjal-9207	242	7	and	and	CCONJ
cjal-9207	242	8	an	an	DET
cjal-9207	242	9	incentive	incentive	NOUN
cjal-9207	242	10	for	for	SCONJ
cjal-9207	242	11	such	such	ADJ
cjal-9207	242	12	officials	official	NOUN
cjal-9207	242	13	to	to	PART
cjal-9207	242	14	produce	produce	VERB
cjal-9207	242	15	good	good	ADJ
cjal-9207	242	16	results	result	NOUN
cjal-9207	242	17	at	at	ADP
cjal-9207	242	18	corporatized	corporatize	VERB
cjal-9207	242	19	soes	soe	NOUN
cjal-9207	242	20	.	.	PUNCT
cjal-9207	243	1	41	41	NUM
cjal-9207	243	2	a	a	DET
cjal-9207	243	3	recent	recent	ADJ
cjal-9207	243	4	example	example	NOUN
cjal-9207	243	5	of	of	ADP
cjal-9207	243	6	how	how	SCONJ
cjal-9207	243	7	this	this	PRON
cjal-9207	243	8	works	work	VERB
cjal-9207	243	9	,	,	PUNCT
cjal-9207	243	10	and	and	CCONJ
cjal-9207	243	11	the	the	DET
cjal-9207	243	12	connection	connection	NOUN
cjal-9207	243	13	between	between	ADP
cjal-9207	243	14	the	the	DET
cjal-9207	243	15	ccp	ccp	PROPN
cjal-9207	243	16	's	's	PART
cjal-9207	243	17	personnel	personnel	NOUN
cjal-9207	243	18	management	management	NOUN
cjal-9207	243	19	system	system	NOUN
cjal-9207	243	20	advancement	advancement	NOUN
cjal-9207	243	21	and	and	CCONJ
cjal-9207	243	22	corporate	corporate	ADJ
cjal-9207	243	23	malfeasance	malfeasance	NOUN
cjal-9207	243	24	,	,	PUNCT
cjal-9207	243	25	can	can	AUX
cjal-9207	243	26	be	be	AUX
cjal-9207	243	27	seen	see	VERB
cjal-9207	243	28	in	in	ADP
cjal-9207	243	29	the	the	DET
cjal-9207	243	30	inspection	inspection	NOUN
cjal-9207	243	31	of	of	ADP
cjal-9207	243	32	corruption	corruption	NOUN
cjal-9207	243	33	and	and	CCONJ
cjal-9207	243	34	waste	waste	NOUN
cjal-9207	243	35	conducted	conduct	VERB
cjal-9207	243	36	by	by	ADP
cjal-9207	243	37	the	the	DET
cjal-9207	243	38	party	party	NOUN
cjal-9207	243	39	's	's	PART
cjal-9207	243	40	interna	interna	PROPN
cjal-9207	243	41	l	l	PROPN
cjal-9207	243	42	disciplinary	disciplinary	ADJ
cjal-9207	243	43	bodythe	bodythe	DET
cjal-9207	243	44	central	central	ADJ
cjal-9207	243	45	commission	commission	NOUN
cjal-9207	243	46	for	for	ADP
cjal-9207	243	47	disciplinary	disciplinary	ADJ
cjal-9207	243	48	inspection	inspection	NOUN
cjal-9207	243	49	(	(	PUNCT
cjal-9207	243	50	ccdi	ccdi	NOUN
cjal-9207	243	51	)	)	PUNCT
cjal-9207	243	52	at	at	ADP
cjal-9207	243	53	sinopec	sinopec	PROPN
cjal-9207	243	54	group	group	PROPN
cjal-9207	243	55	,	,	PUNCT
cjal-9207	243	56	one	one	NUM
cjal-9207	243	57	of	of	ADP
cjal-9207	243	58	39	39	NUM
cjal-9207	243	59	clarke	clarke	NOUN
cjal-9207	243	60	,	,	PUNCT
cjal-9207	243	61	supra	supra	PROPN
cjal-9207	243	62	note	note	PROPN
cjal-9207	243	63	37	37	NUM
cjal-9207	243	64	,	,	PUNCT
cjal-9207	243	65	at	at	ADP
cjal-9207	243	66	185	185	NUM
cjal-9207	243	67	.	.	PUNCT
cjal-9207	244	1	"	"	PUNCT
cjal-9207	244	2	°	°	CCONJ
cjal-9207	244	3	chih	chih	ADJ
cjal-9207	244	4	-	-	PUNCT
cjal-9207	244	5	shian	shian	PROPN
cjal-9207	244	6	liou	liou	PROPN
cjal-9207	244	7	&	&	CCONJ
cjal-9207	244	8	chung	chung	PROPN
cjal-9207	244	9	-	-	PUNCT
cjal-9207	244	10	min	min	PROPN
cjal-9207	244	11	tsai	tsai	PROPN
cjal-9207	244	12	,	,	PUNCT
cjal-9207	244	13	betu;een	betu;een	NUM
cjal-9207	244	14	hierarchy	hierarchy	NOUN
cjal-9207	244	15	and	and	CCONJ
cjal-9207	244	16	the	the	DET
cjal-9207	244	17	market	market	NOUN
cjal-9207	244	18	:	:	PUNCT
cjal-9207	244	19	managerial	managerial	ADJ
cjal-9207	244	20	career	career	NOUN
cjal-9207	244	21	trajectories	trajectory	NOUN
cjal-9207	244	22	in	in	ADP
cjal-9207	244	23	china	china	PROPN
cjal-9207	244	24	's	's	PART
cjal-9207	244	25	energy	energy	NOUN
cjal-9207	244	26	sector	sector	NOUN
cjal-9207	244	27	,	,	PUNCT
cjal-9207	244	28	in	in	ADP
cjal-9207	244	29	choosing	choose	VERB
cjal-9207	244	30	china	china	PROPN
cjal-9207	244	31	's	's	PART
cjal-9207	244	32	leaders	leader	NOUN
cjal-9207	244	33	124	124	NUM
cjal-9207	244	34	(	(	PUNCT
cjal-9207	244	35	chien	chien	PROPN
cjal-9207	244	36	wen	wen	PROPN
cjal-9207	244	37	kou	kou	PROPN
cjal-9207	244	38	&	&	CCONJ
cjal-9207	244	39	xiaowei	xiaowei	PROPN
cjal-9207	244	40	zang	zang	PROPN
cjal-9207	244	41	eds	eds	PROPN
cjal-9207	244	42	.	.	PROPN
cjal-9207	244	43	,	,	PUNCT
cjal-9207	244	44	2013	2013	NUM
cjal-9207	244	45	)	)	PUNCT
cjal-9207	244	46	.	.	PUNCT
cjal-9207	245	1	41	41	NUM
cjal-9207	245	2	see	see	VERB
cjal-9207	245	3	zhongyang	zhongyang	PROPN
cjal-9207	245	4	qiye	qiye	PROPN
cjal-9207	245	5	fuzeren	fuzeren	VERB
cjal-9207	245	6	xinchou	xinchou	PROPN
cjal-9207	245	7	guanli	guanli	PROPN
cjal-9207	245	8	zanxing	zanxing	PROPN
cjal-9207	245	9	banfa	banfa	NOUN
cjal-9207	245	10	(	(	PUNCT
cjal-9207	245	11	9":!k	9":!k	NUM
cjal-9207	245	12	:	:	PUNCT
cjal-9207	245	13	ie	ie	ADJ
cjal-9207	245	14	:	:	PUNCT
cjal-9207	245	15	il	il	ADJ
cjal-9207	245	16	:	:	PUNCT
cjal-9207	245	17	fftjjrafmiffl~	fftjjrafmiffl~	PROPN
cjal-9207	245	18	ll!fli'fft.1	ll!fli'fft.1	PROPN
cjal-9207	245	19	-	-	PUNCT
cjal-9207	245	20	7	7	NUM
cjal-9207	245	21	!	!	PUNCT
cjal-9207	245	22	)	)	PUNCT
cjal-9207	246	1	(	(	PUNCT
cjal-9207	246	2	interim	interim	ADJ
cjal-9207	246	3	measures	measure	NOUN
cjal-9207	246	4	for	for	ADP
cjal-9207	246	5	remuneration	remuneration	NOUN
cjal-9207	246	6	management	management	NOUN
cjal-9207	246	7	for	for	ADP
cjal-9207	246	8	central	central	ADJ
cjal-9207	246	9	state	state	NOUN
cjal-9207	246	10	-	-	PUNCT
cjal-9207	246	11	owned	own	VERB
cjal-9207	246	12	enterprise	enterprise	NOUN
cjal-9207	246	13	executives	executive	NOUN
cjal-9207	246	14	)	)	PUNCT
cjal-9207	246	15	(	(	PUNCT
cjal-9207	246	16	adopted	adopt	VERB
cjal-9207	246	17	by	by	ADP
cjal-9207	246	18	the	the	DET
cjal-9207	246	19	state	state	NOUN
cjal-9207	246	20	-	-	PUNCT
cjal-9207	246	21	owned	own	VERB
cjal-9207	246	22	assets	asset	NOUN
cjal-9207	246	23	supervision	supervision	NOUN
cjal-9207	246	24	and	and	CCONJ
cjal-9207	246	25	admin	admin	ADJ
cjal-9207	246	26	.	.	PUNCT
cjal-9207	247	1	comm	comm	NOUN
cjal-9207	247	2	'	'	PART
cjal-9207	247	3	n	n	NUM
cjal-9207	247	4	of	of	ADP
cjal-9207	247	5	the	the	DET
cjal-9207	247	6	state	state	NOUN
cjal-9207	247	7	council	council	PROPN
cjal-9207	247	8	,	,	PUNCT
cjal-9207	247	9	may	may	AUX
cjal-9207	247	10	13	13	NUM
cjal-9207	247	11	,	,	PUNCT
cjal-9207	247	12	2003	2003	NUM
cjal-9207	247	13	,	,	PUNCT
cjal-9207	247	14	effective	effective	ADJ
cjal-9207	247	15	may	may	PROPN
cjal-9207	247	16	13	13	NUM
cjal-9207	247	17	,	,	PUNCT
cjal-9207	247	18	2003	2003	NUM
cjal-9207	247	19	)	)	PUNCT
cjal-9207	247	20	,	,	PUNCT
cjal-9207	247	21	http://en.sasac.gov.cn	http://en.sasac.gov.cn	PROPN
cjal-9207	247	22	/nl408035	/nl408035	SYM
cjal-9207	247	23	/	/	SYM
cjal-9207	247	24	cl477199	cl477199	PROPN
cjal-9207	247	25	/	/	SYM
cjal-9207	247	26	content.html	content.html	PROPN
cjal-9207	247	27	;	;	PUNCT
cjal-9207	248	1	zhongyang	zhongyang	PROPN
cjal-9207	248	2	qiye	qiye	PROPN
cjal-9207	248	3	fuzeren	fuzeren	PROPN
cjal-9207	248	4	jingying	jingye	VERB
cjal-9207	248	5	yeji	yeji	NOUN
cjal-9207	248	6	kaohe	kaohe	ADJ
cjal-9207	248	7	zhanxin	zhanxin	PROPN
cjal-9207	248	8	banfa	banfa	NOUN
cjal-9207	248	9	(	(	PUNCT
cjal-9207	248	10	9".:!k:1£:il	9".:!k:1£:il	NUM
cjal-9207	248	11	:	:	PUNCT
cjal-9207	248	12	fft]jr	fft]jr	NOUN
cjal-9207	248	13	,	,	PUNCT
cjal-9207	248	14	a.~g	a.~g	ADJ
cjal-9207	248	15	~~!fffj	~~!fffj	NUM
cjal-9207	248	16	/	/	SYM
cjal-9207	248	17	jri	jri	NOUN
cjal-9207	248	18	;)	;)	PUNCT
cjal-9207	249	1	[	[	X
cjal-9207	249	2	interim	interim	ADJ
cjal-9207	249	3	procedures	procedure	NOUN
cjal-9207	249	4	on	on	ADP
cjal-9207	249	5	the	the	DET
cjal-9207	249	6	evaluation	evaluation	NOUN
cjal-9207	249	7	of	of	ADP
cjal-9207	249	8	the	the	DET
cjal-9207	249	9	financial	financial	ADJ
cjal-9207	249	10	performance	performance	NOUN
cjal-9207	249	11	of	of	ADP
cjal-9207	249	12	central	central	ADJ
cjal-9207	249	13	soe	soe	ADJ
cjal-9207	249	14	leaders	leader	NOUN
cjal-9207	249	15	]	]	PUNCT
cjal-9207	249	16	(	(	PUNCT
cjal-9207	249	17	promulgated	promulgate	VERB
cjal-9207	249	18	by	by	ADP
cjal-9207	249	19	the	the	DET
cjal-9207	249	20	state	state	NOUN
cjal-9207	249	21	-	-	PUNCT
cjal-9207	249	22	owned	own	VERB
cjal-9207	249	23	assets	asset	NOUN
cjal-9207	249	24	supervision	supervision	NOUN
cjal-9207	249	25	and	and	CCONJ
cjal-9207	249	26	administration	administration	PROPN
cjal-9207	249	27	commission	commission	PROPN
cjal-9207	249	28	of	of	ADP
cjal-9207	249	29	the	the	DET
cjal-9207	249	30	state	state	PROPN
cjal-9207	249	31	council	council	PROPN
cjal-9207	249	32	,	,	PUNCT
cjal-9207	249	33	dec	dec	PROPN
cjal-9207	249	34	.	.	PROPN
cjal-9207	249	35	28	28	NUM
cjal-9207	249	36	2009	2009	NUM
cjal-9207	249	37	,	,	PUNCT
cjal-9207	249	38	effective	effective	ADJ
cjal-9207	249	39	jan	jan	PROPN
cjal-9207	249	40	.	.	PROPN
cjal-9207	249	41	1	1	NUM
cjal-9207	249	42	,	,	PUNCT
cjal-9207	249	43	2010	2010	NUM
cjal-9207	249	44	)	)	PUNCT
cjal-9207	249	45	,	,	PUNCT
cjal-9207	249	46	http://www.gov.cn/flfg/2010-0l/22/content_15l	http://www.gov.cn/flfg/2010-0l/22/content_15l	X
cjal-9207	249	47	7096	7096	NUM
cjal-9207	249	48	.htm	.htm	PUNCT
cjal-9207	249	49	;	;	PUNCT
cjal-9207	249	50	yubo	yubo	PROPN
cjal-9207	249	51	li	li	PROPN
cjal-9207	249	52	et	et	PROPN
cjal-9207	249	53	al	al	PROPN
cjal-9207	249	54	.	.	PROPN
cjal-9207	249	55	,	,	PUNCT
cjal-9207	249	56	a	a	DET
cjal-9207	249	57	sur	sur	PROPN
cjal-9207	249	58	vey	vey	NOUN
cjal-9207	249	59	of	of	ADP
cjal-9207	249	60	executive	executive	ADJ
cjal-9207	249	61	compensation	compensation	NOUN
cjal-9207	249	62	contracts	contract	NOUN
cjal-9207	249	63	in	in	ADP
cjal-9207	249	64	china	china	PROPN
cjal-9207	249	65	's	's	PART
cjal-9207	249	66	listed	list	VERB
cjal-9207	249	67	companies	company	NOUN
cjal-9207	249	68	,	,	PUNCT
cjal-9207	249	69	6	6	NUM
cjal-9207	249	70	chinaj	chinaj	NOUN
cjal-9207	249	71	.	.	PUNCT
cjal-9207	250	1	acct	acct	NOUN
cjal-9207	250	2	.	.	PUNCT
cjal-9207	251	1	res	re	NOUN
cjal-9207	251	2	.	.	PUNCT
cjal-9207	252	1	211	211	NUM
cjal-9207	252	2	(	(	PUNCT
cjal-9207	252	3	2013	2013	NUM
cjal-9207	252	4	)	)	PUNCT
cjal-9207	252	5	(	(	PUNCT
cjal-9207	252	6	examining	examine	VERB
cjal-9207	252	7	executive	executive	ADJ
cjal-9207	252	8	compensation	compensation	NOUN
cjal-9207	252	9	contracts	contract	NOUN
cjal-9207	252	10	in	in	ADP
cjal-9207	252	11	chinese	chinese	ADJ
cjal-9207	252	12	listed	list	VERB
cjal-9207	252	13	firms	firm	NOUN
cjal-9207	252	14	,	,	PUNCT
cjal-9207	252	15	including	include	VERB
cjal-9207	252	16	a	a	DET
cjal-9207	252	17	description	description	NOUN
cjal-9207	252	18	of	of	ADP
cjal-9207	252	19	evaluation	evaluation	NOUN
cjal-9207	252	20	measures	measure	NOUN
cjal-9207	252	21	for	for	ADP
cjal-9207	252	22	executive	executive	ADJ
cjal-9207	252	23	performance	performance	NOUN
cjal-9207	252	24	in	in	ADP
cjal-9207	252	25	governmentcontrolled	governmentcontrolle	VERB
cjal-9207	252	26	listed	list	VERB
cjal-9207	252	27	firms	firm	NOUN
cjal-9207	252	28	)	)	PUNCT
cjal-9207	252	29	.	.	PUNCT
cjal-9207	253	1	14	14	NUM
cjal-9207	253	2	columbia	columbia	PROPN
cjal-9207	253	3	journal	journal	PROPN
cjal-9207	253	4	of	of	ADP
cjal-9207	253	5	asian	asian	ADJ
cjal-9207	253	6	law	law	NOUN
cjal-9207	254	1	[	[	X
cjal-9207	254	2	vol	vol	NOUN
cjal-9207	254	3	.	.	PUNCT
cjal-9207	255	1	30:1	30:1	NUM
cjal-9207	255	2	the	the	DET
cjal-9207	255	3	prc	prc	PROPN
cjal-9207	255	4	's	's	PART
cjal-9207	255	5	centrally	centrally	ADV
cjal-9207	255	6	-	-	PUNCT
cjal-9207	255	7	controlled	control	VERB
cjal-9207	255	8	energy	energy	NOUN
cjal-9207	255	9	conglomerates	conglomerate	NOUN
cjal-9207	255	10	whose	whose	DET
cjal-9207	255	11	main	main	ADJ
cjal-9207	255	12	subsidiary	subsidiary	NOUN
cjal-9207	255	13	sinopec	sinopec	PROPN
cjal-9207	255	14	corp	corp	PROPN
cjal-9207	255	15	ltd	ltd	PROPN
cjal-9207	255	16	.	.	PROPN
cjal-9207	255	17	is	be	AUX
cjal-9207	255	18	publicly	publicly	ADV
cjal-9207	255	19	traded	trade	VERB
cjal-9207	255	20	on	on	ADP
cjal-9207	255	21	the	the	DET
cjal-9207	255	22	china	china	PROPN
cjal-9207	255	23	,	,	PUNCT
cjal-9207	255	24	hong	hong	PROPN
cjal-9207	255	25	kong	kong	PROPN
cjal-9207	255	26	,	,	PUNCT
cjal-9207	255	27	new	new	PROPN
cjal-9207	255	28	york	york	PROPN
cjal-9207	255	29	and	and	CCONJ
cjal-9207	255	30	london	london	PROPN
cjal-9207	255	31	stock	stock	NOUN
cjal-9207	255	32	exchanges	exchange	NOUN
cjal-9207	255	33	.	.	PUNCT
cjal-9207	256	1	following	follow	VERB
cjal-9207	256	2	the	the	DET
cjal-9207	256	3	inspection	inspection	NOUN
cjal-9207	256	4	,	,	PUNCT
cjal-9207	256	5	the	the	DET
cjal-9207	256	6	president	president	NOUN
cjal-9207	256	7	of	of	ADP
cjal-9207	256	8	sinopec	sinopec	PROPN
cjal-9207	256	9	group	group	PROPN
cjal-9207	256	10	,	,	PUNCT
cjal-9207	256	11	wang	wang	PROPN
cjal-9207	256	12	tianpu	tianpu	PROPN
cjal-9207	256	13	,	,	PUNCT
cjal-9207	256	14	who	who	PRON
cjal-9207	256	15	was	be	AUX
cjal-9207	256	16	at	at	ADP
cjal-9207	256	17	the	the	DET
cjal-9207	256	18	time	time	NOUN
cjal-9207	256	19	also	also	ADV
cjal-9207	256	20	the	the	DET
cjal-9207	256	21	general	general	ADJ
cjal-9207	256	22	manger	manger	NOUN
cjal-9207	256	23	of	of	ADP
cjal-9207	256	24	its	its	PRON
cjal-9207	256	25	listed	list	VERB
cjal-9207	256	26	subsidiary	subsidiary	NOUN
cjal-9207	256	27	,	,	PUNCT
cjal-9207	256	28	was	be	AUX
cjal-9207	256	29	accused	accuse	VERB
cjal-9207	256	30	of	of	ADP
cjal-9207	256	31	taking	take	VERB
cjal-9207	256	32	bribes	bribe	NOUN
cjal-9207	256	33	and	and	CCONJ
cjal-9207	256	34	abuse	abuse	NOUN
cjal-9207	256	35	of	of	ADP
cjal-9207	256	36	power	power	NOUN
cjal-9207	256	37	and	and	CCONJ
cjal-9207	256	38	was	be	AUX
cjal-9207	256	39	put	put	VERB
cjal-9207	256	40	under	under	ADP
cjal-9207	256	41	further	further	ADJ
cjal-9207	256	42	party	party	NOUN
cjal-9207	256	43	disciplinary	disciplinary	ADJ
cjal-9207	256	44	proceedings	proceeding	NOUN
cjal-9207	256	45	.	.	PUNCT
cjal-9207	257	1	wang	wang	PROPN
cjal-9207	257	2	was	be	AUX
cjal-9207	257	3	removed	remove	VERB
cjal-9207	257	4	from	from	ADP
cjal-9207	257	5	his	his	PRON
cjal-9207	257	6	corporate	corporate	ADJ
cjal-9207	257	7	positio	positio	NOUN
cjal-9207	257	8	ns	ns	INTJ
cjal-9207	257	9	,	,	PUNCT
cjal-9207	257	10	prosecuted	prosecute	VERB
cjal-9207	257	11	under	under	ADP
cjal-9207	257	12	the	the	DET
cjal-9207	257	13	criminal	criminal	ADJ
cjal-9207	257	14	law	law	NOUN
cjal-9207	257	15	,	,	PUNCT
cjal-9207	257	16	and	and	CCONJ
cjal-9207	257	17	expelled	expel	VERB
cjal-9207	257	18	from	from	ADP
cjal-9207	257	19	the	the	DET
cjal-9207	257	20	communist	communist	ADJ
cjal-9207	257	21	par	par	NOUN
cjal-9207	257	22	ty	ty	PRON
cjal-9207	257	23	.	.	PROPN
cjal-9207	258	1	42	42	NUM
cjal-9207	258	2	this	this	PRON
cjal-9207	258	3	is	be	AUX
cjal-9207	258	4	one	one	NUM
cjal-9207	258	5	recent	recent	ADJ
cjal-9207	258	6	example	example	NOUN
cjal-9207	258	7	of	of	ADP
cjal-9207	258	8	the	the	DET
cjal-9207	258	9	ways	way	NOUN
cjal-9207	258	10	in	in	ADP
cjal-9207	258	11	which	which	PRON
cjal-9207	258	12	a	a	DET
cjal-9207	258	13	highly	highly	ADV
cjal-9207	258	14	"	"	PUNCT
cjal-9207	258	15	politicized	politicized	ADJ
cjal-9207	258	16	"	"	PUNCT
cjal-9207	258	17	corporate	corporate	ADJ
cjal-9207	258	18	governance	governance	NOUN
cjal-9207	258	19	system	system	NOUN
cjal-9207	258	20	creates	create	VERB
cjal-9207	258	21	an	an	DET
cjal-9207	258	22	alternative	alternative	ADJ
cjal-9207	258	23	mechanism	mechanism	NOUN
cjal-9207	258	24	for	for	ADP
cjal-9207	258	25	monitoring	monitor	VERB
cjal-9207	258	26	corporate	corporate	ADJ
cjal-9207	258	27	insider	insider	NOUN
cjal-9207	258	28	's	's	PART
cjal-9207	258	29	conduct	conduct	NOUN
cjal-9207	258	30	3	3	NUM
cjal-9207	258	31	and	and	CCONJ
cjal-9207	258	32	holding	hold	VERB
cjal-9207	258	33	them	they	PRON
cjal-9207	258	34	accountable	accountable	ADJ
cjal-9207	258	35	,	,	PUNCT
cjal-9207	258	36	thus	thus	ADV
cjal-9207	258	37	creat	creat	VERB
cjal-9207	258	38	ing	ing	ADJ
cjal-9207	258	39	deterrence	deterrence	NOUN
cjal-9207	258	40	.	.	PUNCT
cjal-9207	259	1	44	44	NUM
cjal-9207	260	1	the	the	DET
cjal-9207	260	2	above	above	ADJ
cjal-9207	260	3	-described	-described	ADJ
cjal-9207	260	4	mechanisms	mechanism	NOUN
cjal-9207	260	5	also	also	ADV
cjal-9207	260	6	have	have	VERB
cjal-9207	260	7	implication	implication	NOUN
cjal-9207	260	8	s	s	PRON
cjal-9207	260	9	for	for	ADP
cjal-9207	260	10	the	the	DET
cjal-9207	260	11	monitoring	monitoring	NOUN
cjal-9207	260	12	function	function	NOUN
cjal-9207	260	13	of	of	ADP
cjal-9207	260	14	the	the	DET
cjal-9207	260	15	capital	capital	NOUN
cjal-9207	260	16	markets	market	NOUN
cjal-9207	260	17	(	(	PUNCT
cjal-9207	260	18	through	through	ADP
cjal-9207	260	19	public	public	ADJ
cjal-9207	260	20	share	share	NOUN
cjal-9207	260	21	prices	price	NOUN
cjal-9207	260	22	)	)	PUNCT
cjal-9207	260	23	,	,	PUNCT
cjal-9207	260	24	even	even	ADV
cjal-9207	260	25	with	with	ADP
cjal-9207	260	26	the	the	DET
cjal-9207	260	27	absence	absence	NOUN
cjal-9207	260	28	of	of	ADP
cjal-9207	260	29	a	a	DET
cjal-9207	260	30	functioning	function	VERB
cjal-9207	260	31	market	market	NOUN
cjal-9207	260	32	for	for	ADP
cjal-9207	260	33	corporate	corporate	ADJ
cjal-9207	260	34	control	control	NOUN
cjal-9207	260	35	.	.	PUNCT
cjal-9207	261	1	while	while	SCONJ
cjal-9207	261	2	studies	study	NOUN
cjal-9207	261	3	and	and	CCONJ
cjal-9207	261	4	recent	recent	ADJ
cjal-9207	261	5	market	market	NOUN
cjal-9207	261	6	volatility	volatility	NOUN
cjal-9207	261	7	have	have	AUX
cjal-9207	261	8	shown	show	VERB
cjal-9207	261	9	that	that	SCONJ
cjal-9207	261	10	the	the	DET
cjal-9207	261	11	chinese	chinese	ADJ
cjal-9207	261	12	capital	capital	NOUN
cjal-9207	261	13	markets	market	NOUN
cjal-9207	261	14	are	be	AUX
cjal-9207	261	15	not	not	PART
cjal-9207	261	16	informationally	informationally	ADV
cjal-9207	261	17	or	or	CCONJ
cjal-9207	261	18	fundamentally	fundamentally	ADV
cjal-9207	261	19	efficient	efficient	ADJ
cjal-9207	261	20	,	,	PUNCT
cjal-9207	261	21	45	45	NUM
cjal-9207	261	22	and	and	CCONJ
cjal-9207	261	23	thus	thus	ADV
cjal-9207	261	24	share	share	VERB
cjal-9207	261	25	price	price	NOUN
cjal-9207	261	26	movements	movement	NOUN
cjal-9207	261	27	are	be	AUX
cjal-9207	261	28	not	not	PART
cjal-9207	261	29	strictly	strictly	ADV
cjal-9207	261	30	determined	determine	VERB
cjal-9207	261	31	by	by	ADP
cjal-9207	261	32	an	an	DET
cjal-9207	261	33	issuer	issuer	NOUN
cjal-9207	261	34	's	's	PART
cjal-9207	261	35	market	market	NOUN
cjal-9207	261	36	performance	performance	NOUN
cjal-9207	261	37	,	,	PUNCT
cjal-9207	261	38	the	the	DET
cjal-9207	261	39	public	public	ADJ
cjal-9207	261	40	share	share	NOUN
cjal-9207	261	41	price	price	NOUN
cjal-9207	261	42	of	of	ADP
cjal-9207	261	43	a	a	DET
cjal-9207	261	44	corporatized	corporatize	VERB
cjal-9207	261	45	soe	soe	PROPN
cjal-9207	261	46	will	will	AUX
cjal-9207	261	47	be	be	AUX
cjal-9207	261	48	taken	take	VERB
cjal-9207	261	49	into	into	ADP
cjal-9207	261	50	account	account	NOUN
cjal-9207	261	51	for	for	ADP
cjal-9207	261	52	the	the	DET
cjal-9207	261	53	chinese	chinese	ADJ
cjal-9207	261	54	communist	communist	PROPN
cjal-9207	261	55	party	party	PROPN
cjal-9207	261	56	's	's	PART
cjal-9207	261	57	personnel	personnel	NOUN
cjal-9207	261	58	system	system	NOUN
cjal-9207	261	59	evaluations	evaluation	NOUN
cjal-9207	261	60	.	.	PUNCT
cjal-9207	262	1	a	a	DET
cjal-9207	262	2	drop	drop	NOUN
cjal-9207	262	3	in	in	ADP
cjal-9207	262	4	the	the	DET
cjal-9207	262	5	share	share	NOUN
cjal-9207	262	6	price	price	NOUN
cjal-9207	262	7	of	of	ADP
cjal-9207	262	8	a	a	DET
cjal-9207	262	9	prc	prc	PROPN
cjal-9207	262	10	issuer	issuer	NOUN
cjal-9207	262	11	,	,	PUNCT
cjal-9207	262	12	whether	whether	SCONJ
cjal-9207	262	13	or	or	CCONJ
cjal-9207	262	14	not	not	PART
cjal-9207	262	15	•2	•2	PROPN
cjal-9207	262	16	zhongyang	zhongyang	PROPN
cjal-9207	262	17	zhongguo	zhongguo	PROPN
cjal-9207	262	18	shihua	shihua	PROPN
cjal-9207	262	19	dangzu	dangzu	PROPN
cjal-9207	262	20	guanyu	guanyu	PROPN
cjal-9207	262	21	xunshi	xunshi	PROPN
cjal-9207	263	1	zhenggai	zhenggai	PROPN
cjal-9207	263	2	qingkuang	qingkuang	PROPN
cjal-9207	263	3	tongbao	tongbao	PROPN
cjal-9207	263	4	(	(	PUNCT
cjal-9207	263	5	'	'	PUNCT
cjal-9207	263	6	f'::lfi'pli	f'::lfi'pli	NOUN
cjal-9207	263	7	:p	:p	NOUN
cjal-9207	263	8	-	-	PUNCT
cjal-9207	263	9	ftjtffl.~i'-ifili!j!.lft&tf	ftjtffl.~i'-ifili!j!.lft&tf	PROPN
cjal-9207	263	10	/	/	SYM
cjal-9207	263	11	jl.(j{jiffiffl	jl.(j{jiffiffl	PROPN
cjal-9207	263	12	)	)	PUNCT
cjal-9207	264	1	[	[	X
cjal-9207	264	2	circular	circular	NOUN
cjal-9207	264	3	of	of	ADP
cjal-9207	264	4	the	the	DET
cjal-9207	264	5	chinese	chinese	ADJ
cjal-9207	264	6	communist	communist	PROPN
cjal-9207	264	7	party	party	PROPN
cjal-9207	264	8	on	on	ADP
cjal-9207	264	9	the	the	DET
cjal-9207	264	10	inspection	inspection	NOUN
cjal-9207	264	11	and	and	CCONJ
cjal-9207	264	12	ratification	ratification	NOUN
cjal-9207	264	13	in	in	ADP
cjal-9207	264	14	china	china	PROPN
cjal-9207	264	15	petroleum	petroleum	PROPN
cjal-9207	264	16	chemical	chemical	NOUN
cjal-9207	264	17	corporations	corporation	NOUN
cjal-9207	264	18	]	]	PUNCT
cjal-9207	264	19	,	,	PUNCT
cjal-9207	264	20	(	(	PUNCT
cjal-9207	264	21	promulgated	promulgate	VERB
cjal-9207	264	22	by	by	ADP
cjal-9207	264	23	the	the	DET
cjal-9207	264	24	central	central	ADJ
cjal-9207	264	25	commission	commission	NOUN
cjal-9207	264	26	of	of	ADP
cjal-9207	264	27	disciplinary	disciplinary	ADJ
cjal-9207	264	28	inspection	inspection	NOUN
cjal-9207	264	29	,	,	PUNCT
cjal-9207	264	30	apr	apr	PROPN
cjal-9207	264	31	.	.	PROPN
cjal-9207	264	32	30	30	NUM
cjal-9207	264	33	,	,	PUNCT
cjal-9207	264	34	2015	2015	NUM
cjal-9207	264	35	)	)	PUNCT
cjal-9207	264	36	,	,	PUNCT
cjal-9207	264	37	http	http	PROPN
cjal-9207	264	38	:	:	PUNCT
cjal-9207	264	39	//www.ccdi.gov	//www.ccdi.gov	PUNCT
cjal-9207	264	40	.	.	PUNCT
cjal-9207	265	1	cn	cn	PROPN
cjal-9207	265	2	/	/	SYM
cjal-9207	265	3	yw/201504	yw/201504	PROPN
cjal-9207	265	4	/	/	SYM
cjal-9207	265	5	t20150430_55638.html	t20150430_55638.html	PROPN
cjal-9207	265	6	;	;	PUNCT
cjal-9207	265	7	zhongguo	zhongguo	PROPN
cjal-9207	265	8	shiyouhuagong	shiyouhuagong	PROPN
cjal-9207	265	9	jituangongsi	jituangongsi	PROPN
cjal-9207	265	10	zongjingli	zongjingli	PROPN
cjal-9207	265	11	wangtianpu	wangtianpu	ADP
cjal-9207	265	12	shexian	shexian	PROPN
cjal-9207	265	13	yanzhong	yanzhong	PROPN
cjal-9207	265	14	weijiweifa	weijiweifa	PROPN
cjal-9207	266	1	jieshou	jieshou	PROPN
cjal-9207	266	2	zuzhid	zuzhid	PROPN
cjal-9207	266	3	iaocha	iaocha	PROPN
cjal-9207	266	4	(	(	PUNCT
cjal-9207	266	5	'	'	PUNCT
cjal-9207	266	6	p	p	X
cjal-9207	266	7	li::fi711!-f.ti	li::fi711!-f.ti	NOUN
cjal-9207	266	8	~	~	PROPN
cjal-9207	266	9	ufl0ii.l	ufl0ii.l	NOUN
cjal-9207	266	10	.(;i	.(;i	VERB
cjal-9207	266	11	i!jl	i!jl	PROPN
cjal-9207	266	12	.:e	.:e	PUNCT
cjal-9207	267	1	:	:	PUNCT
cjal-9207	267	2	ji:-tf	ji:-tf	PROPN
cjal-9207	267	3	rj	rj	PROPN
cjal-9207	267	4	;	;	PUNCT
cjal-9207	267	5	ill	ill	ADJ
cjal-9207	267	6	f	f	PROPN
cjal-9207	267	7	.ik	.ik	PUNCT
cjal-9207	268	1	:	:	PUNCT
cjal-9207	268	2	i	i	PRON
cjal-9207	268	3	:	:	PUNCT
cjal-9207	268	4	uc	uc	PROPN
cjal-9207	268	5	ii~	ii~	PROPN
cjal-9207	268	6	1	1	NUM
cjal-9207	268	7	t	t	NOUN
cjal-9207	268	8	s'.t	s'.t	PROPN
cjal-9207	268	9	ffl	ffl	PROPN
cjal-9207	268	10	.	.	PUNCT
cjal-9207	268	11	fsu.1'1	fsu.1'1	VERB
cjal-9207	269	1	'	'	PUNCT
cjal-9207	269	2	ff	ff	NOUN
cjal-9207	269	3	)	)	PUNCT
cjal-9207	270	1	[	[	X
cjal-9207	270	2	notice	notice	NOUN
cjal-9207	270	3	by	by	ADP
cjal-9207	270	4	the	the	DET
cjal-9207	270	5	ccdi	ccdi	NOUN
cjal-9207	270	6	on	on	ADP
cjal-9207	270	7	the	the	DET
cjal-9207	270	8	disciplinary	disciplinary	ADJ
cjal-9207	270	9	investigation	investigation	NOUN
cjal-9207	270	10	of	of	ADP
cjal-9207	270	11	wang	wang	PROPN
cjal-9207	270	12	tianpu	tianpu	PROPN
cjal-9207	270	13	]	]	PUNCT
cjal-9207	270	14	(	(	PUNCT
cjal-9207	270	15	promulgated	promulgate	VERB
cjal-9207	270	16	by	by	ADP
cjal-9207	270	17	the	the	DET
cjal-9207	270	18	ccdi	ccdi	NOUN
cjal-9207	270	19	,	,	PUNCT
cjal-9207	270	20	apr	apr	PROPN
cjal-9207	270	21	.	.	PROPN
cjal-9207	270	22	27	27	NUM
cjal-9207	270	23	,	,	PUNCT
cjal-9207	270	24	2015	2015	NUM
cjal-9207	270	25	)	)	PUNCT
cjal-9207	270	26	,	,	PUNCT
cjal-9207	270	27	http	http	ADV
cjal-9207	270	28	:	:	PUNCT
cjal-9207	270	29	//www.ccdi.gov.cn	//www.ccdi.gov.cn	ADJ
cjal-9207	270	30	/	/	SYM
cjal-9207	270	31	xwtt/201504	xwtt/201504	PROPN
cjal-9207	270	32	/t2	/t2	PUNCT
cjal-9207	271	1	0l50427	0l50427	NOUN
cjal-9207	271	2	_	_	PUNCT
cjal-9207	271	3	55436.ht	55436.ht	ADJ
cjal-9207	271	4	ml	ml	ADV
cjal-9207	271	5	;	;	PUNCT
cjal-9207	271	6	zbongguo	zbongguo	PROPN
cjal-9207	271	7	shi	shi	PROPN
cjal-9207	272	1	you	you	PRON
cjal-9207	272	2	huagong	huagong	PROPN
cjal-9207	272	3	jituangongsi	jituangongsi	PROPN
cjal-9207	272	4	yuan	yuan	PROPN
cjal-9207	272	5	dongshi	dongshi	PROPN
cjal-9207	272	6	,	,	PUNCT
cjal-9207	272	7	zongjingli	zongjingli	NOUN
cjal-9207	272	8	,	,	PUNCT
cjal-9207	272	9	dangzu	dangzu	PROPN
cjal-9207	272	10	chengyuan	chengyuan	PROPN
cjal-9207	272	11	wangtianpu	wangtianpu	PROPN
cjal-9207	272	12	yanzbong	yanzbong	PROPN
cjal-9207	272	13	weiji	weiji	NOUN
cjal-9207	272	14	bei	bei	X
cjal-9207	272	15	kaichudangji	kaichudangji	PROPN
cjal-9207	272	16	(	(	PUNCT
cjal-9207	272	17	'	'	PUNCT
cjal-9207	272	18	fl	fl	NUM
cjal-9207	272	19	l!il	l!il	NUM
cjal-9207	272	20	:	:	PUNCT
cjal-9207	272	21	p711!-fti~000ii.j	p711!-fti~000ii.j	VERB
cjal-9207	272	22	et	et	NOUN
cjal-9207	272	23	-	-	PUNCT
cjal-9207	272	24	ji$	ji$	PROPN
cjal-9207	272	25	,	,	PUNCT
cjal-9207	272	26	.(;i	.(;i	PUNCT
cjal-9207	272	27	~	~	PUNCT
cjal-9207	272	28	i!jl	i!jl	NOUN
cjal-9207	272	29	,	,	PUNCT
cjal-9207	272	30	11	11	NUM
cjal-9207	272	31	:	:	PUNCT
cjal-9207	272	32	ffl.lilt~.l:;ji:-u	ffl.lilt~.l:;ji:-u	VERB
cjal-9207	272	33	p	p	X
cjal-9207	272	34	:	:	PUNCT
cjal-9207	272	35	.l{iji~~jf!liijt	.l{iji~~jf!liijt	PROPN
cjal-9207	272	36	ffi	ffi	PROPN
cjal-9207	272	37	)	)	PUNCT
cjal-9207	273	1	[	[	X
cjal-9207	273	2	notice	notice	NOUN
cjal-9207	273	3	by	by	ADP
cjal-9207	273	4	the	the	DET
cjal-9207	273	5	ccdi	ccdi	NOUN
cjal-9207	273	6	on	on	ADP
cjal-9207	273	7	wang	wang	PROPN
cjal-9207	273	8	tianpu	tianpu	PROPN
cjal-9207	273	9	's	's	PART
cjal-9207	273	10	expulsion	expulsion	NOUN
cjal-9207	273	11	from	from	ADP
cjal-9207	273	12	the	the	DET
cjal-9207	273	13	party	party	NOUN
cjal-9207	273	14	,	,	PUNCT
cjal-9207	273	15	september	september	PROPN
cjal-9207	273	16	]	]	PUNCT
cjal-9207	273	17	(	(	PUNCT
cjal-9207	273	18	promulgated	promulgate	VERB
cjal-9207	273	19	by	by	ADP
cjal-9207	273	20	the	the	DET
cjal-9207	273	21	ccdi	ccdi	NOUN
cjal-9207	273	22	,	,	PUNCT
cjal-9207	273	23	sept	sept	PROPN
cjal-9207	273	24	.	.	PROPN
cjal-9207	273	25	18	18	NUM
cjal-9207	273	26	,	,	PUNCT
cjal-9207	273	27	2015	2015	NUM
cjal-9207	273	28	)	)	PUNCT
cjal-9207	273	29	,	,	PUNCT
cjal-9207	273	30	http://www.ccdi.gov	http://www.ccdi.gov	NUM
cjal-9207	273	31	.cn	.cn	NUM
cjal-9207	273	32	/	/	SYM
cjal-9207	273	33	x	x	SYM
cjal-9207	273	34	wtt/201509	wtt/201509	NOUN
cjal-9207	273	35	/t	/t	PUNCT
cjal-9207	273	36	20l50918	20l50918	NUM
cjal-9207	273	37	_	_	NOUN
cjal-9207	273	38	62038.html	62038.html	ADJ
cjal-9207	273	39	.	.	PUNCT
cjal-9207	274	1	on	on	ADP
cjal-9207	274	2	the	the	DET
cjal-9207	274	3	consequent	consequent	ADJ
cjal-9207	274	4	legal	legal	ADJ
cjal-9207	274	5	criminal	criminal	ADJ
cjal-9207	274	6	prosecution	prosecution	NOUN
cjal-9207	274	7	,	,	PUNCT
cjal-9207	274	8	see	see	VERB
cjal-9207	274	9	china	china	PROPN
cjal-9207	274	10	to	to	PART
cjal-9207	274	11	prosecute	prosecute	VERB
cjal-9207	274	12	former	former	ADJ
cjal-9207	274	13	top	top	ADJ
cjal-9207	274	14	executives	executive	NOUN
cjal-9207	274	15	for	for	ADP
cjal-9207	274	16	alleged	allege	VERB
cjal-9207	274	17	graft	graft	NOUN
cjal-9207	274	18	,	,	PUNCT
cjal-9207	274	19	reuters	reuters	PROPN
cjal-9207	274	20	(	(	PUNCT
cjal-9207	274	21	sept	sept	PROPN
cjal-9207	274	22	.	.	PROPN
cjal-9207	274	23	29	29	NUM
cjal-9207	274	24	,	,	PUNCT
cjal-9207	274	25	2016	2016	NUM
cjal-9207	274	26	)	)	PUNCT
cjal-9207	274	27	,	,	PUNCT
cjal-9207	274	28	http://www.reuters.com/article	http://www.reuters.com/article	X
cjal-9207	274	29	/	/	SYM
cjal-9207	274	30	us	us	PROPN
cjal-9207	274	31	-	-	PUNCT
cjal-9207	274	32	china	china	PROPN
cjal-9207	274	33	-	-	PUNCT
cjal-9207	274	34	corruptionsinopec	corruptionsinopec	NOUN
cjal-9207	274	35	-	-	PUNCT
cjal-9207	274	36	iduskcn	iduskcn	PROPN
cjal-9207	274	37	11	11	NUM
cjal-9207	274	38	wovx	wovx	NOUN
cjal-9207	274	39	.	.	PUNCT
cjal-9207	274	40	'	'	PUNCT
cjal-9207	275	1	3	3	NUM
cjal-9207	275	2	nicholas	nicholas	PROPN
cjal-9207	275	3	c.	c.	PROPN
cjal-9207	275	4	howson	howson	PROPN
cjal-9207	275	5	,	,	PUNCT
cjal-9207	275	6	china	china	PROPN
cjal-9207	275	7	's	's	PART
cjal-9207	275	8	restructured	restructure	VERB
cjal-9207	275	9	commercial	commercial	ADJ
cjal-9207	275	10	banks	bank	NOUN
cjal-9207	275	11	the	the	DET
cjal-9207	275	12	old	old	ADJ
cjal-9207	275	13	nomenklatura	nomenklatura	NOUN
cjal-9207	275	14	system	system	NOUN
cjal-9207	275	15	serving	serve	VERB
cjal-9207	275	16	new	new	ADJ
cjal-9207	275	17	corporate	corporate	ADJ
cjal-9207	275	18	governan	governan	NOUN
cjal-9207	275	19	ce	ce	PROPN
cjal-9207	275	20	structures	structure	NOUN
cjal-9207	275	21	?	?	PUNCT
cjal-9207	275	22	,	,	PUNCT
cjal-9207	275	23	in	in	ADP
cjal-9207	275	24	china	china	PROPN
cjal-9207	275	25	's	's	PART
cjal-9207	275	26	emerging	emerge	VERB
cjal-9207	275	27	financial	financial	ADJ
cjal-9207	275	28	markets	market	NOUN
cjal-9207	275	29	:	:	PUNCT
cjal-9207	275	30	challenges	challenge	NOUN
cjal-9207	275	31	and	and	CCONJ
cjal-9207	275	32	global	global	ADJ
cjal-9207	275	33	impact	impact	NOUN
cjal-9207	275	34	123	123	NUM
cjal-9207	275	35	(	(	PUNCT
cjal-9207	275	36	m.	m.	NOUN
cjal-9207	275	37	avery	avery	PROPN
cjal-9207	275	38	et	et	PROPN
cjal-9207	275	39	al	al	PROPN
cjal-9207	275	40	.	.	PUNCT
cjal-9207	275	41	eds	ed	NOUN
cjal-9207	275	42	.	.	PROPN
cjal-9207	275	43	2009	2009	NUM
cjal-9207	275	44	)	)	PUNCT
cjal-9207	275	45	.	.	PUNCT
cjal-9207	276	1	,	,	PUNCT
cjal-9207	276	2	••	••	NOUN
cjal-9207	276	3	without	without	ADP
cjal-9207	276	4	doubt	doubt	NOUN
cjal-9207	276	5	,	,	PUNCT
cjal-9207	276	6	the	the	DET
cjal-9207	276	7	internal	internal	ADJ
cjal-9207	276	8	mechanisms	mechanism	NOUN
cjal-9207	276	9	for	for	ADP
cjal-9207	276	10	monitoring	monitoring	NOUN
cjal-9207	276	11	,	,	PUNCT
cjal-9207	276	12	accountability	accountability	NOUN
cjal-9207	276	13	,	,	PUNCT
cjal-9207	276	14	and	and	CCONJ
cjal-9207	276	15	det	det	PROPN
cjal-9207	276	16	er	er	INTJ
cjal-9207	276	17	rence	rence	NOUN
cjal-9207	276	18	have	have	AUX
cjal-9207	276	19	only	only	ADV
cjal-9207	276	20	operated	operate	VERB
cjal-9207	276	21	mor	mor	PROPN
cjal-9207	276	22	e	e	X
cjal-9207	276	23	rigorously	rigorously	ADV
cjal-9207	276	24	via	via	ADP
cjal-9207	276	25	the	the	DET
cjal-9207	276	26	party	party	NOUN
cjal-9207	276	27	disciplinary	disciplinary	ADJ
cjal-9207	276	28	enforcement	enforcement	NOUN
cjal-9207	276	29	action	action	NOUN
cjal-9207	276	30	s.	s.	PROPN
cjal-9207	276	31	and	and	CCONJ
cjal-9207	276	32	ou_tside	ou_tside	ADP
cjal-9207	276	33	the	the	DET
cjal-9207	276	34	formal	formal	ADJ
cjal-9207	276	35	criminal	criminal	ADJ
cjal-9207	276	36	legal	legal	ADJ
cjal-9207	276	37	system	system	NOUN
cjal-9207	276	38	during	during	ADP
cjal-9207	276	39	the	the	DET
cjal-9207	276	40	present	present	ADJ
cjal-9207	276	41	anti	anti	ADJ
cjal-9207	276	42	-	-	ADJ
cjal-9207	276	43	corruption	corruption	ADJ
cjal-9207	276	44	campaign	campaign	NOUN
cjal-9207	276	45	,	,	PUNCT
cjal-9207	276	46	which	which	PRON
cjal-9207	276	47	commenced	commence	VERB
cjal-9207	276	48	with	with	ADP
cjal-9207	276	49	president	president	PROPN
cjal-9207	276	50	xi	xi	ADP
cjal-9207	276	51	jinping	jinping	PROPN
cjal-9207	276	52	's	's	PART
cjal-9207	276	53	as	as	ADP
cjal-9207	276	54	ce	ce	PROPN
cjal-9207	276	55	nsion	nsion	NOUN
cjal-9207	276	56	to	to	ADP
cjal-9207	276	57	power	power	NOUN
cjal-9207	276	58	.	.	PUNCT
cjal-9207	277	1	••	••	PROPN
cjal-9207	277	2	see	see	PROPN
cjal-9207	277	3	,	,	PUNCT
cjal-9207	277	4	e.g.	e.g.	ADV
cjal-9207	277	5	,	,	PUNCT
cjal-9207	277	6	zhiwu	zhiwu	PROPN
cjal-9207	277	7	chen	chen	PROPN
cjal-9207	277	8	,	,	PUNCT
cjal-9207	277	9	stock	stock	NOUN
cjal-9207	277	10	market	market	NOUN
cjal-9207	277	11	in	in	ADP
cjal-9207	277	12	china	china	PROPN
cjal-9207	277	13	's	's	PART
cjal-9207	277	14	m	m	PROPN
cjal-9207	277	15	oderniza	oderniza	ADJ
cjal-9207	277	16	tion	tion	NOUN
cjal-9207	277	17	processit	processit	PROPN
cjal-9207	277	18	s	s	PART
cjal-9207	277	19	past	past	NOUN
cjal-9207	277	20	present	present	ADJ
cjal-9207	277	21	and	and	CCONJ
cjal-9207	277	22	future	future	ADJ
cjal-9207	277	23	prospects	prospect	NOUN
cjal-9207	277	24	40	40	NUM
cjal-9207	277	25	-	-	SYM
cjal-9207	277	26	41	41	NUM
cjal-9207	277	27	(	(	PUNCT
cjal-9207	277	28	'	'	PUNCT
cjal-9207	277	29	{	{	PUNCT
cjal-9207	277	30	ale	ale	NOUN
cjal-9207	277	31	sch	sch	PROPN
cjal-9207	277	32	.	.	PROPN
cjal-9207	277	33	of	of	ADP
cjal-9207	277	34	mgmt	mgmt	PROPN
cjal-9207	277	35	.	.	PUNCT
cjal-9207	278	1	working	work	VERB
cjal-9207	278	2	paper	paper	NOUN
cjal-9207	278	3	2006	2006	NUM
cjal-9207	278	4	)	)	PUNCT
cjal-9207	278	5	(	(	PUNCT
cjal-9207	278	6	on	on	ADP
cjal-9207	278	7	file	file	NOUN
cjal-9207	278	8	·	·	PUNCT
cjal-9207	278	9	th	th	X
cjal-9207	278	10	author	author	NOUN
cjal-9207	278	11	)	)	PUNCT
cjal-9207	278	12	(	(	PUNCT
cjal-9207	278	13	"	"	PUNCT
cjal-9207	278	14	[	[	X
cjal-9207	278	15	t]he	t]he	ADV
cjal-9207	278	16	chinese	chinese	ADJ
cjal-9207	278	17	stoc	stoc	NOUN
cjal-9207	278	18	k	k	PROPN
cjal-9207	278	19	mark	mark	PROPN
cjal-9207	278	20	et	et	PROPN
cjal-9207	278	21	as	as	ADP
cjal-9207	278	22	a	a	DET
cjal-9207	278	23	whole	whole	NOUN
cjal-9207	278	24	has	have	AUX
cjal-9207	278	25	acted	act	VERB
cjal-9207	278	26	to	to	PART
cjal-9207	278	27	determi	determi	VERB
cjal-9207	278	28	~	~	X
cjal-9207	278	29	e	e	NOUN
cjal-9207	278	30	stock	stock	NOUN
cjal-9207	278	31	prices:~	prices:~	NOUN
cjal-9207	278	32	a	a	DET
cjal-9207	278	33	way	way	NOUN
cjal-9207	278	34	totally	totally	ADV
cjal-9207	278	35	detach	detach	VERB
cjal-9207	278	36	ed	ed	NOUN
cjal-9207	278	37	from	from	ADP
cjal-9207	278	38	the	the	DET
cjal-9207	278	39	economi	economi	NOUN
cjal-9207	278	40	c	c	NOUN
cjal-9207	278	41	growth	growth	NOUN
cjal-9207	278	42	process	process	NOUN
cjal-9207	278	43	.	.	PUNCT
cjal-9207	279	1	"	"	PUNCT
cjal-9207	279	2	)	)	PUNCT
cjal-9207	279	3	.	.	PUNCT
cjal-9207	280	1	generally	generally	ADV
cjal-9207	280	2	,	,	PUNCT
cjal-9207	280	3	on	on	ADP
cjal-9207	280	4	the	the	DET
cjal-9207	280	5	"	"	PUNCT
cjal-9207	280	6	inefficie	inefficie	NOUN
cjal-9207	280	7	ncies	ncie	NOUN
cjal-9207	280	8	"	"	PUNCT
cjal-9207	280	9	m	m	PROPN
cjal-9207	280	10	t	t	X
cjal-9207	280	11	~	~	SYM
cjal-9207	280	12	e	e	X
cjal-9207	280	13	?	?	PUNCT
cjal-9207	280	14	hinese	hinese	ADJ
cjal-9207	280	15	st<;><:k	st<;><:k	NOUN
cjal-9207	280	16	_	_	PROPN
cjal-9207	280	17	markets	market	NOUN
cjal-9207	280	18	,	,	PUNCT
cjal-9207	280	19	see	see	VERB
cjal-9207	280	20	guoping	guoping	NOUN
cjal-9207	280	21	li	li	PROPN
cjal-9207	280	22	,	,	PUNCT
cjal-9207	280	23	china	china	PROPN
cjal-9207	280	24	's	's	PART
cjal-9207	280	25	stock	stock	NOUN
cjal-9207	280	26	market	market	NOUN
cjal-9207	280	27	:	:	PUNCT
cjal-9207	280	28	inefficiencies	inefficiency	NOUN
cjal-9207	280	29	and	and	CCONJ
cjal-9207	280	30	institutwnol	institutwnol	ADJ
cjal-9207	280	31	implicatrons	implicatron	NOUN
cjal-9207	280	32	,	,	PUNCT
cjal-9207	280	33	16	16	NUM
cjal-9207	280	34	china	china	PROPN
cjal-9207	280	35	&	&	CCONJ
cjal-9207	280	36	world	world	PROPN
cjal-9207	280	37	eco	eco	PROPN
cjal-9207	280	38	.	.	PUNCT
cjal-9207	281	1	no	no	INTJ
cjal-9207	281	2	.	.	NOUN
cjal-9207	281	3	6	6	NUM
cjal-9207	281	4	,	,	PUNCT
cjal-9207	281	5	2008	2008	NUM
cjal-9207	281	6	,	,	PUNCT
cjal-9207	281	7	at	at	ADP
cjal-9207	281	8	81	81	NUM
cjal-9207	281	9	.	.	PUNCT
cjal-9207	282	1	2016	2016	NUM
cjal-9207	282	2	]	]	PUNCT
cjal-9207	282	3	minorl1y	minorl1y	VERB
cjal-9207	282	4	public	public	ADJ
cjal-9207	282	5	shareholders	shareholder	NOUN
cjal-9207	282	6	in	in	ADP
cjal-9207	282	7	china	china	PROPN
cjal-9207	282	8	15	15	NUM
cjal-9207	282	9	reflective	reflective	NOUN
cjal-9207	282	10	of	of	ADP
cjal-9207	282	11	actual	actual	ADJ
cjal-9207	282	12	economic	economic	ADJ
cjal-9207	282	13	performance	performance	NOUN
cjal-9207	282	14	,	,	PUNCT
cjal-9207	282	15	may	may	AUX
cjal-9207	282	16	deny	deny	VERB
cjal-9207	282	17	party	party	NOUN
cjal-9207	282	18	officials	official	NOUN
cjal-9207	282	19	acting	act	VERB
cjal-9207	282	20	as	as	ADP
cjal-9207	282	21	firm	firm	ADJ
cjal-9207	282	22	managers	manager	NOUN
cjal-9207	282	23	'	'	PART
cjal-9207	282	24	future	future	ADJ
cjal-9207	282	25	advancement	advancement	NOUN
cjal-9207	282	26	within	within	ADP
cjal-9207	282	27	the	the	DET
cjal-9207	282	28	party	party	NOUN
cjal-9207	282	29	.	.	PUNCT
cjal-9207	283	1	this	this	PRON
cjal-9207	283	2	can	can	AUX
cjal-9207	283	3	serve	serve	VERB
cjal-9207	283	4	to	to	PART
cjal-9207	283	5	discipline	discipline	VERB
cjal-9207	283	6	the	the	DET
cjal-9207	283	7	behavior	behavior	NOUN
cjal-9207	283	8	of	of	ADP
cjal-9207	283	9	powerful	powerful	ADJ
cjal-9207	283	10	corporate	corporate	ADJ
cjal-9207	283	11	officials	official	NOUN
cjal-9207	283	12	,	,	PUNCT
cjal-9207	283	13	while	while	SCONJ
cjal-9207	283	14	also	also	ADV
cjal-9207	283	15	incentivizing	incentivize	VERB
cjal-9207	283	16	them	they	PRON
cjal-9207	283	17	to	to	PART
cjal-9207	283	18	increase	increase	VERB
cjal-9207	283	19	shareholder	shareholder	NOUN
cjal-9207	283	20	value	value	NOUN
cjal-9207	283	21	even	even	ADV
cjal-9207	283	22	in	in	ADP
cjal-9207	283	23	an	an	DET
cjal-9207	283	24	inefficient	inefficient	ADJ
cjal-9207	283	25	market	market	NOUN
cjal-9207	283	26	.	.	PUNCT
cjal-9207	284	1	i	i	PRON
cjal-9207	284	2	realize	realize	VERB
cjal-9207	284	3	of	of	ADP
cjal-9207	284	4	course	course	NOUN
cjal-9207	284	5	that	that	SCONJ
cjal-9207	284	6	this	this	PRON
cjal-9207	284	7	could	could	AUX
cjal-9207	284	8	also	also	ADV
cjal-9207	284	9	lead	lead	VERB
cjal-9207	284	10	to	to	ADP
cjal-9207	284	11	the	the	DET
cjal-9207	284	12	opposite	opposite	ADJ
cjal-9207	284	13	result	result	NOUN
cjal-9207	284	14	by	by	ADP
cjal-9207	284	15	encouraging	encourage	VERB
cjal-9207	284	16	managerial	managerial	ADJ
cjal-9207	284	17	misconduct	misconduct	NOUN
cjal-9207	284	18	,	,	PUNCT
cjal-9207	284	19	whether	whether	SCONJ
cjal-9207	284	20	engaging	engage	VERB
cjal-9207	284	21	in	in	ADP
cjal-9207	284	22	false	false	ADJ
cjal-9207	284	23	or	or	CCONJ
cjal-9207	284	24	misleading	misleading	ADJ
cjal-9207	284	25	disclosure	disclosure	NOUN
cjal-9207	284	26	to	to	PART
cjal-9207	284	27	fraudulently	fraudulently	ADV
cjal-9207	284	28	prop	prop	VERB
cjal-9207	284	29	up	up	ADP
cjal-9207	284	30	a	a	DET
cjal-9207	284	31	public	public	ADJ
cjal-9207	284	32	share	share	NOUN
cjal-9207	284	33	price	price	NOUN
cjal-9207	284	34	,	,	PUNCT
cjal-9207	284	35	or	or	CCONJ
cjal-9207	284	36	by	by	ADP
cjal-9207	284	37	being	be	AUX
cjal-9207	284	38	deferential	deferential	ADJ
cjal-9207	284	39	to	to	ADP
cjal-9207	284	40	political	political	ADJ
cjal-9207	284	41	commands	command	NOUN
cjal-9207	284	42	.	.	PUNCT
cjal-9207	285	1	46	46	NUM
cjal-9207	285	2	while	while	SCONJ
cjal-9207	285	3	these	these	DET
cjal-9207	285	4	risks	risk	NOUN
cjal-9207	285	5	are	be	AUX
cjal-9207	285	6	certainly	certainly	ADV
cjal-9207	285	7	present	present	ADJ
cjal-9207	285	8	,	,	PUNCT
cjal-9207	285	9	i	i	PRON
cjal-9207	285	10	believe	believe	VERB
cjal-9207	285	11	not	not	PART
cjal-9207	285	12	enough	enough	ADJ
cjal-9207	285	13	attention	attention	NOUN
cjal-9207	285	14	has	have	AUX
cjal-9207	285	15	been	be	AUX
cjal-9207	285	16	given	give	VERB
cjal-9207	285	17	to	to	ADP
cjal-9207	285	18	the	the	DET
cjal-9207	285	19	possible	possible	ADJ
cjal-9207	285	20	beneficial	beneficial	ADJ
cjal-9207	285	21	effects	effect	NOUN
cjal-9207	285	22	of	of	ADP
cjal-9207	285	23	ccp	ccp	PROPN
cjal-9207	285	24	domination	domination	NOUN
cjal-9207	285	25	in	in	ADP
cjal-9207	285	26	the	the	DET
cjal-9207	285	27	disciplining	disciplining	NOUN
cjal-9207	285	28	and	and	CCONJ
cjal-9207	285	29	accountability	accountability	NOUN
cjal-9207	285	30	of	of	ADP
cjal-9207	285	31	firm	firm	ADJ
cjal-9207	285	32	managers	manager	NOUN
cjal-9207	285	33	.	.	PUNCT
cjal-9207	286	1	2	2	X
cjal-9207	286	2	.	.	X
cjal-9207	286	3	prc	prc	PROPN
cjal-9207	286	4	listed	list	VERB
cjal-9207	286	5	companies	company	NOUN
cjal-9207	286	6	and	and	CCONJ
cjal-9207	286	7	minority	minority	NOUN
cjal-9207	286	8	shareholder	shareholder	NOUN
cjal-9207	286	9	protections	protection	NOUN
cjal-9207	286	10	as	as	SCONJ
cjal-9207	286	11	noted	note	VERB
cjal-9207	286	12	above	above	ADV
cjal-9207	286	13	,	,	PUNCT
cjal-9207	286	14	china	china	PROPN
cjal-9207	286	15	's	's	PART
cjal-9207	286	16	"	"	PUNCT
cjal-9207	286	17	corporatization	corporatization	NOUN
cjal-9207	286	18	without	without	ADP
cjal-9207	286	19	privatization	privatization	NOUN
cjal-9207	286	20	"	"	PUNCT
cjal-9207	286	21	program	program	NOUN
cjal-9207	286	22	was	be	AUX
cjal-9207	286	23	designed	design	VERB
cjal-9207	286	24	to	to	PART
cjal-9207	286	25	allow	allow	VERB
cjal-9207	286	26	the	the	DET
cjal-9207	286	27	prc	prc	PROPN
cjal-9207	286	28	's	's	PART
cjal-9207	286	29	industrial	industrial	ADJ
cjal-9207	286	30	enterprises	enterprise	NOUN
cjal-9207	286	31	to	to	PART
cjal-9207	286	32	raise	raise	VERB
cjal-9207	286	33	money	money	NOUN
cjal-9207	286	34	in	in	ADP
cjal-9207	286	35	the	the	DET
cjal-9207	286	36	domestic	domestic	ADJ
cjal-9207	286	37	and	and	CCONJ
cjal-9207	286	38	global	global	ADJ
cjal-9207	286	39	capital	capital	NOUN
cjal-9207	286	40	markets	market	NOUN
cjal-9207	286	41	,	,	PUNCT
cjal-9207	286	42	while	while	SCONJ
cjal-9207	286	43	preserving	preserve	VERB
cjal-9207	286	44	a	a	DET
cjal-9207	286	45	passive	passive	ADJ
cjal-9207	286	46	role	role	NOUN
cjal-9207	286	47	for	for	ADP
cjal-9207	286	48	minority	minority	NOUN
cjal-9207	286	49	public	public	ADJ
cjal-9207	286	50	shareholders	shareholder	NOUN
cjal-9207	286	51	.	.	PUNCT
cjal-9207	287	1	this	this	PRON
cjal-9207	287	2	conforms	conform	VERB
cjal-9207	287	3	to	to	ADP
cjal-9207	287	4	the	the	DET
cjal-9207	287	5	traditional	traditional	ADJ
cjal-9207	287	6	view	view	NOUN
cjal-9207	287	7	,	,	PUNCT
cjal-9207	287	8	which	which	PRON
cjal-9207	287	9	depicts	depict	VERB
cjal-9207	287	10	minority	minority	NOUN
cjal-9207	287	11	shareholders	shareholder	NOUN
cjal-9207	287	12	in	in	ADP
cjal-9207	287	13	public	public	ADJ
cjal-9207	287	14	firms	firm	NOUN
cjal-9207	287	15	-	-	PUNCT
cjal-9207	287	16	in	in	ADP
cjal-9207	287	17	both	both	CCONJ
cjal-9207	287	18	concentrated	concentrated	ADJ
cjal-9207	287	19	and	and	CCONJ
cjal-9207	287	20	widely	widely	ADV
cjal-9207	287	21	-	-	PUNCT
cjal-9207	287	22	held	hold	VERB
cjal-9207	287	23	markets	market	NOUN
cjal-9207	287	24	-	-	PUNCT
cjal-9207	287	25	as	as	ADP
cjal-9207	287	26	mere	mere	ADJ
cjal-9207	287	27	suppliers	supplier	NOUN
cjal-9207	287	28	of	of	ADP
cjal-9207	287	29	capital	capital	NOUN
cjal-9207	287	30	.	.	PUNCT
cjal-9207	288	1	47	47	NUM
cjal-9207	288	2	pursuant	pursuant	ADJ
cjal-9207	288	3	to	to	ADP
cjal-9207	288	4	this	this	DET
cjal-9207	288	5	view	view	NOUN
cjal-9207	288	6	,	,	PUNCT
cjal-9207	288	7	minority	minority	NOUN
cjal-9207	288	8	public	public	ADJ
cjal-9207	288	9	investors	investor	NOUN
cjal-9207	288	10	need	need	AUX
cjal-9207	288	11	only	only	ADV
cjal-9207	288	12	be	be	AUX
cjal-9207	288	13	protected	protect	VERB
cjal-9207	288	14	-	-	PUNCT
cjal-9207	288	15	or	or	CCONJ
cjal-9207	288	16	seen	see	VERB
cjal-9207	288	17	to	to	PART
cjal-9207	288	18	be	be	AUX
cjal-9207	288	19	protected	protect	VERB
cjal-9207	288	20	-	-	PUNCT
cjal-9207	288	21	in	in	ADP
cjal-9207	288	22	a	a	DET
cjal-9207	288	23	way	way	NOUN
cjal-9207	288	24	that	that	PRON
cjal-9207	288	25	secures	secure	VERB
cjal-9207	288	26	their	their	PRON
cjal-9207	288	27	expectations	expectation	NOUN
cjal-9207	288	28	of	of	ADP
cjal-9207	288	29	investment	investment	NOUN
cjal-9207	288	30	return	return	NOUN
cjal-9207	288	31	,	,	PUNCT
cjal-9207	288	32	and	and	CCONJ
cjal-9207	288	33	protects	protect	VERB
cjal-9207	288	34	that	that	SCONJ
cjal-9207	288	35	future	future	ADJ
cjal-9207	288	36	return	return	NOUN
cjal-9207	288	37	(	(	PUNCT
cjal-9207	288	38	e.g.	e.g.	ADV
cjal-9207	288	39	,	,	PUNCT
cjal-9207	288	40	against	against	ADP
cjal-9207	288	41	expropriation	expropriation	NOUN
cjal-9207	288	42	)	)	PUNCT
cjal-9207	288	43	.	.	PUNCT
cjal-9207	289	1	48	48	NUM
cjal-9207	289	2	through	through	ADP
cjal-9207	289	3	the	the	DET
cjal-9207	289	4	entire	entire	ADJ
cjal-9207	289	5	course	course	NOUN
cjal-9207	289	6	of	of	ADP
cjal-9207	289	7	china	china	PROPN
cjal-9207	289	8	's	's	PART
cjal-9207	289	9	program	program	NOUN
cjal-9207	289	10	of	of	ADP
cjal-9207	289	11	economic	economic	ADJ
cjal-9207	289	12	"	"	PUNCT
cjal-9207	289	13	reform	reform	NOUN
cjal-9207	289	14	and	and	CCONJ
cjal-9207	289	15	opening	opening	NOUN
cjal-9207	289	16	up	up	ADP
cjal-9207	289	17	,	,	PUNCT
cjal-9207	289	18	"	"	PUNCT
cjal-9207	289	19	prc	prc	PROPN
cjal-9207	289	20	policymakers	policymaker	NOUN
cjal-9207	289	21	have	have	AUX
cjal-9207	289	22	recognized	recognize	VERB
cjal-9207	289	23	a	a	DET
cjal-9207	289	24	relationship	relationship	NOUN
cjal-9207	289	25	between	between	ADP
cjal-9207	289	26	formal	formal	ADJ
cjal-9207	289	27	legal	legal	ADJ
cjal-9207	289	28	protections	protection	NOUN
cjal-9207	289	29	and	and	CCONJ
cjal-9207	289	30	the	the	DET
cjal-9207	289	31	ability	ability	NOUN
cjal-9207	289	32	of	of	ADP
cjal-9207	289	33	chinese	chinese	ADJ
cjal-9207	289	34	enterprises	enterprise	NOUN
cjal-9207	289	35	to	to	PART
cjal-9207	289	36	attract	attract	VERB
cjal-9207	289	37	capital	capital	NOUN
cjal-9207	289	38	and	and	CCONJ
cjal-9207	289	39	thus	thus	ADV
cjal-9207	289	40	to	to	PART
cjal-9207	289	41	contribute	contribute	VERB
cjal-9207	289	42	to	to	ADP
cjal-9207	289	43	economic	economic	ADJ
cjal-9207	289	44	development	development	NOUN
cjal-9207	289	45	.	.	PUNCT
cjal-9207	290	1	this	this	PRON
cjal-9207	290	2	was	be	AUX
cjal-9207	290	3	evident	evident	ADJ
cjal-9207	290	4	even	even	ADV
cjal-9207	290	5	in	in	ADP
cjal-9207	290	6	the	the	DET
cjal-9207	290	7	late	late	ADJ
cjal-9207	290	8	1970s	1970	NOUN
cjal-9207	290	9	with	with	ADP
cjal-9207	290	10	the	the	DET
cjal-9207	290	11	promulgation	promulgation	NOUN
cjal-9207	290	12	of	of	ADP
cjal-9207	290	13	china	china	PROPN
cjal-9207	290	14	's	's	PART
cjal-9207	290	15	first	first	ADJ
cjal-9207	290	16	business	business	NOUN
cjal-9207	290	17	enterprise	enterprise	NOUN
cjal-9207	290	18	statute	statute	NOUN
cjal-9207	290	19	directed	direct	VERB
cjal-9207	290	20	at	at	ADP
cjal-9207	290	21	attracting	attract	VERB
cjal-9207	290	22	specifically	specifically	ADV
cjal-9207	290	23	foreign	foreign	ADJ
cjal-9207	290	24	direct	direct	ADJ
cjal-9207	290	25	investment	investment	NOUN
cjal-9207	290	26	while	while	SCONJ
cjal-9207	290	27	ensuring	ensure	VERB
cjal-9207	290	28	against	against	ADP
cjal-9207	290	29	expropriation	expropriation	NOUN
cjal-9207	290	30	by	by	ADP
cjal-9207	290	31	the	the	DET
cjal-9207	290	32	state	state	NOUN
cjal-9207	290	33	.	.	PUNCT
cjal-9207	291	1	49	49	NUM
cjal-9207	291	2	decades	decade	NOUN
cjal-9207	291	3	later	later	ADV
cjal-9207	291	4	,	,	PUNCT
cjal-9207	291	5	a	a	DET
cjal-9207	291	6	similar	similar	ADJ
cjal-9207	291	7	concern	concern	NOUN
cjal-9207	291	8	can	can	AUX
cjal-9207	291	9	be	be	AUX
cjal-9207	291	10	46	46	NUM
cjal-9207	291	11	see	see	ADJ
cjal-9207	291	12	,	,	PUNCT
cjal-9207	291	13	for	for	ADP
cjal-9207	291	14	example	example	NOUN
cjal-9207	291	15	,	,	PUNCT
cjal-9207	291	16	th	th	X
cjal-9207	291	17	e	e	NOUN
cjal-9207	291	18	nanjing	nanjing	PROPN
cjal-9207	291	19	textile	textile	PROPN
cjal-9207	291	20	import	import	PROPN
cjal-9207	291	21	&	&	CCONJ
cjal-9207	291	22	export	export	PROPN
cjal-9207	291	23	co.	co.	PROPN
cjal-9207	291	24	fraud	fraud	NOUN
cjal-9207	291	25	case	case	NOUN
cjal-9207	291	26	mentioned	mention	VERB
cjal-9207	291	27	in	in	ADP
cjal-9207	291	28	note	note	NOUN
cjal-9207	291	29	72	72	NUM
cjal-9207	291	30	,	,	PUNCT
cjal-9207	291	31	infra	infra	NOUN
cjal-9207	291	32	.	.	PUNCT
cjal-9207	292	1	41	41	NUM
cjal-9207	292	2	e.g.	e.g.	ADV
cjal-9207	292	3	,	,	PUNCT
cjal-9207	292	4	stephen	stephen	PROPN
cjal-9207	292	5	bainbridge	bainbridge	PROPN
cjal-9207	292	6	,	,	PUNCT
cjal-9207	292	7	the	the	DET
cjal-9207	292	8	case	case	NOUN
cjal-9207	292	9	for	for	ADP
cjal-9207	292	10	limited	limited	ADJ
cjal-9207	292	11	shareholder	shareholder	NOUN
cjal-9207	292	12	voting	voting	NOUN
cjal-9207	292	13	rights	right	NOUN
cjal-9207	292	14	,	,	PUNCT
cjal-9207	292	15	53	53	NUM
cjal-9207	292	16	ucla	ucla	PROPN
cjal-9207	292	17	l.	l.	PROPN
cjal-9207	292	18	rev	rev	PROPN
cjal-9207	292	19	.	.	PUNCT
cjal-9207	293	1	601,6	601,6	NOUN
cjal-9207	293	2	04	04	NUM
cjal-9207	293	3	(	(	PUNCT
cjal-9207	293	4	2005	2005	NUM
cjal-9207	293	5	)	)	PUNCT
cjal-9207	293	6	(	(	PUNCT
cjal-9207	293	7	positing	posit	VERB
cjal-9207	293	8	a	a	DET
cjal-9207	293	9	contractarian	contractarian	ADJ
cjal-9207	293	10	view	view	NOUN
cjal-9207	293	11	in	in	ADP
cjal-9207	293	12	which	which	PRON
cjal-9207	293	13	shareholders	shareholder	NOUN
cjal-9207	293	14	are	be	AUX
cjal-9207	293	15	only	only	ADV
cjal-9207	293	16	owners	owner	NOUN
cjal-9207	293	17	of	of	ADP
cjal-9207	293	18	a	a	DET
cjal-9207	293	19	residual	residual	ADJ
cjal-9207	293	20	claim	claim	NOUN
cjal-9207	293	21	,	,	PUNCT
cjal-9207	293	22	not	not	PART
cjal-9207	293	23	of	of	ADP
cjal-9207	293	24	the	the	DET
cjal-9207	293	25	corporation	corporation	NOUN
cjal-9207	293	26	itself	itself	PRON
cjal-9207	293	27	)	)	PUNCT
cjal-9207	293	28	;	;	PUNCT
cjal-9207	294	1	henry	henry	PROPN
cjal-9207	294	2	g.	g.	PROPN
cjal-9207	294	3	manne	manne	PROPN
cjal-9207	294	4	,	,	PUNCT
cjal-9207	294	5	our	our	PRON
cjal-9207	294	6	two	two	NUM
cjal-9207	294	7	corporation	corporation	NOUN
cjal-9207	294	8	systems	system	NOUN
cjal-9207	294	9	:	:	PUNCT
cjal-9207	294	10	law	law	NOUN
cjal-9207	294	11	and	and	CCONJ
cjal-9207	294	12	economics	economic	NOUN
cjal-9207	294	13	,	,	PUNCT
cjal-9207	294	14	53	53	NUM
cjal-9207	294	15	va	va	NOUN
cjal-9207	294	16	.	.	PUNCT
cjal-9207	295	1	l.	l.	PROPN
cjal-9207	295	2	rev	rev	PROPN
cjal-9207	295	3	.	.	PUNCT
cjal-9207	296	1	259	259	NUM
cjal-9207	296	2	(	(	PUNCT
cjal-9207	296	3	1967	1967	NUM
cjal-9207	296	4	)	)	PUNCT
cjal-9207	296	5	(	(	PUNCT
cjal-9207	296	6	establishing	establish	VERB
cjal-9207	296	7	a	a	DET
cjal-9207	296	8	law	law	NOUN
cjal-9207	296	9	and	and	CCONJ
cjal-9207	296	10	economics	economic	NOUN
cjal-9207	296	11	view	view	NOUN
cjal-9207	296	12	of	of	ADP
cjal-9207	296	13	public	public	ADJ
cjal-9207	296	14	shareholders	shareholder	NOUN
cjal-9207	296	15	as	as	ADP
cjal-9207	296	16	suppliers	supplier	NOUN
cjal-9207	296	17	of	of	ADP
cjal-9207	296	18	capital	capital	NOUN
cjal-9207	296	19	)	)	PUNCT
cjal-9207	296	20	.	.	PUNCT
cjal-9207	297	1	,	,	PUNCT
cjal-9207	297	2	s	s	X
cjal-9207	297	3	la	la	X
cjal-9207	297	4	porta	porta	X
cjal-9207	297	5	et	et	PROPN
cjal-9207	297	6	al	al	PROPN
cjal-9207	297	7	.	.	PROPN
cjal-9207	297	8	,	,	PUNCT
cjal-9207	297	9	supra	supra	PROPN
cjal-9207	297	10	note	note	PROPN
cjal-9207	297	11	4	4	NUM
cjal-9207	297	12	(	(	PUNCT
cjal-9207	297	13	suggesting	suggest	VERB
cjal-9207	297	14	causality	causality	NOUN
cjal-9207	297	15	between	between	ADP
cjal-9207	297	16	protections	protection	NOUN
cjal-9207	297	17	of	of	ADP
cjal-9207	297	18	shareho	shareho	PROPN
cjal-9207	297	19	lder	lder	PROPN
cjal-9207	297	20	s	s	PART
cjal-9207	297	21	'	'	PART
cjal-9207	297	22	legal	legal	ADJ
cjal-9207	297	23	rights	right	NOUN
cjal-9207	297	24	and	and	CCONJ
cjal-9207	297	25	the	the	DET
cjal-9207	297	26	availability	availability	NOUN
cjal-9207	297	27	and	and	CCONJ
cjal-9207	297	28	cost	cost	NOUN
cjal-9207	297	29	of	of	ADP
cjal-9207	297	30	external	external	ADJ
cjal-9207	297	31	finance	finance	NOUN
cjal-9207	297	32	)	)	PUNCT
cjal-9207	297	33	.	.	PUNCT
cjal-9207	298	1	49	49	NUM
cjal-9207	298	2	the	the	DET
cjal-9207	298	3	law	law	NOUN
cjal-9207	298	4	,	,	PUNCT
cjal-9207	298	5	allowing	allow	VERB
cjal-9207	298	6	foreign	foreign	ADJ
cjal-9207	298	7	capital	capital	NOUN
cjal-9207	298	8	investments	investment	NOUN
cjal-9207	298	9	through	through	ADP
cjal-9207	298	10	joint	joint	ADJ
cjal-9207	298	11	ventures	venture	NOUN
cjal-9207	298	12	,	,	PUNCT
cjal-9207	298	13	was	be	AUX
cjal-9207	298	14	issued	issue	VERB
cjal-9207	298	15	before	before	ADP
cjal-9207	298	16	any	any	DET
cjal-9207	298	17	recognition	recognition	NOUN
cjal-9207	298	18	in	in	ADP
cjal-9207	298	19	property	property	NOUN
cjal-9207	298	20	rights	right	NOUN
cjal-9207	298	21	or	or	CCONJ
cjal-9207	298	22	other	other	ADJ
cjal-9207	298	23	legal	legal	ADJ
cjal-9207	298	24	institut	institut	NOUN
cjal-9207	298	25	ional	ional	ADJ
cjal-9207	298	26	establishment	establishment	NOUN
cjal-9207	298	27	.	.	PUNCT
cjal-9207	299	1	in	in	ADP
cjal-9207	299	2	the	the	DET
cjal-9207	299	3	absence	absence	NOUN
cjal-9207	299	4	of	of	ADP
cjal-9207	299	5	such	such	ADJ
cjal-9207	299	6	institutions	institution	NOUN
cjal-9207	299	7	,	,	PUNCT
cjal-9207	299	8	to	to	PART
cjal-9207	299	9	ensure	ensure	VERB
cjal-9207	299	10	that	that	SCONJ
cjal-9207	299	11	the	the	DET
cjal-9207	299	12	economic	economic	ADJ
cjal-9207	299	13	interests	interest	NOUN
cjal-9207	299	14	of	of	ADP
cjal-9207	299	15	foreign	foreign	ADJ
cjal-9207	299	16	investors	investor	NOUN
cjal-9207	299	17	were	be	AUX
cjal-9207	299	18	met	meet	VERB
cjal-9207	299	19	,	,	PUNCT
cjal-9207	299	20	the	the	DET
cjal-9207	299	21	state	state	NOUN
cjal-9207	299	22	had	have	AUX
cjal-9207	299	23	committed	commit	VERB
cjal-9207	299	24	to	to	PART
cjal-9207	299	25	protect	protect	VERB
cjal-9207	299	26	the	the	DET
cjal-9207	299	27	"	"	PUNCT
cjal-9207	299	28	rights	right	NOUN
cjal-9207	299	29	"	"	PUNCT
cjal-9207	299	30	of	of	ADP
cjal-9207	299	31	foreign	foreign	ADJ
cjal-9207	299	32	investors	investor	NOUN
cjal-9207	299	33	-	-	PUNCT
cjal-9207	299	34	specifically	specifically	ADV
cjal-9207	299	35	not	not	PART
cjal-9207	299	36	to	to	PART
cjal-9207	299	37	nationalize	nationalize	VERB
cjal-9207	299	38	or	or	CCONJ
cjal-9207	299	39	expropriate	expropriate	VERB
cjal-9207	299	40	joint	joint	ADJ
cjal-9207	299	41	ventures	venture	NOUN
cjal-9207	299	42	.	.	PUNCT
cjal-9207	300	1	zhongwai	zhongwai	NOUN
cjal-9207	300	2	hezi	hezi	AUX
cjal-9207	300	3	jingying	jingye	VERB
cjal-9207	300	4	qiye	qiye	PROPN
cjal-9207	300	5	fa	fa	INTJ
cjal-9207	300	6	(	(	PUNCT
cjal-9207	300	7	'	'	PUNCT
cjal-9207	300	8	f':yh1:·l	f':yh1:·l	NOUN
cjal-9207	300	9	:	:	PUNCT
cjal-9207	300	10	lf~#:11	lf~#:11	ADJ
cjal-9207	300	11	'	'	PUNCT
cjal-9207	300	12	:	:	PUNCT
cjal-9207	300	13	~i	~i	NUM
cjal-9207	300	14	'	'	PUNCT
cjal-9207	300	15	!	!	PUNCT
cjal-9207	300	16	)	)	PUNCT
cjal-9207	301	1	[	[	X
cjal-9207	301	2	sino	sino	ADJ
cjal-9207	301	3	-	-	PUNCT
cjal-9207	301	4	foreign	foreign	ADJ
cjal-9207	301	5	equity	equity	NOUN
cjal-9207	301	6	joint	joint	ADJ
cjal-9207	301	7	venture	venture	NOUN
cjal-9207	301	8	law	law	NOUN
cjal-9207	301	9	]	]	PUNCT
cjal-9207	301	10	(	(	PUNCT
cjal-9207	301	11	promulgated	promulgate	VERB
cjal-9207	301	12	by	by	ADP
cjal-9207	301	13	the	the	DET
cjal-9207	301	14	standing	standing	NOUN
cjal-9207	301	15	comm	comm	NOUN
cjal-9207	301	16	.	.	PUNCT
cjal-9207	302	1	nat'l	nat'l	PROPN
cjal-9207	302	2	16	16	NUM
cjal-9207	302	3	columbia	columbia	PROPN
cjal-9207	302	4	journal	journal	PROPN
cjal-9207	302	5	of	of	ADP
cjal-9207	302	6	asian	asian	ADJ
cjal-9207	302	7	law	law	NOUN
cjal-9207	303	1	[	[	X
cjal-9207	303	2	vol	vol	NOUN
cjal-9207	303	3	.	.	PUNCT
cjal-9207	304	1	30:1	30:1	NUM
cjal-9207	304	2	perceived	perceive	VERB
cjal-9207	304	3	in	in	ADP
cjal-9207	304	4	chinese	chinese	ADJ
cjal-9207	304	5	law	law	NOUN
cjal-9207	304	6	and	and	CCONJ
cjal-9207	304	7	regulation	regulation	NOUN
cjal-9207	304	8	but	but	CCONJ
cjal-9207	304	9	now	now	ADV
cjal-9207	304	10	with	with	ADP
cjal-9207	304	11	respect	respect	NOUN
cjal-9207	304	12	_	_	PUNCT
cjal-9207	304	13	to	to	ADP
cjal-9207	304	14	the	the	DET
cjal-9207	304	15	aggravated	aggravate	VERB
cjal-9207	304	16	exploitation	exploitation	NOUN
cjal-9207	304	17	of	of	ADP
cjal-9207	304	18	the	the	DET
cjal-9207	304	19	minority	minority	NOUN
cjal-9207	304	20	public	public	ADJ
cjal-9207	304	21	share	share	NOUN
cjal-9207	304	22	~	~	PUNCT
cjal-9207	304	23	olders	older	NOUN
cjal-9207	304	24	_	_	PUNCT
cjal-9207	305	1	(	(	PUNCT
cjal-9207	305	2	m	m	VERB
cjal-9207	305	3	now	now	ADV
cjal-9207	305	4	corporatized	corporatize	VERB
cjal-9207	305	5	and	and	CCONJ
cjal-9207	305	6	listed	list	VERB
cjal-9207	305	7	firms	firm	NOUN
cjal-9207	305	8	)	)	PUNCT
cjal-9207	305	9	by	by	ADP
cjal-9207	305	10	inside	inside	ADP
cjal-9207	305	11	controlling	control	VERB
cjal-9207	305	12	parties	party	NOUN
cjal-9207	305	13	.	.	PUNCT
cjal-9207	306	1	thi~	thi~	NOUN
cjal-9207	306	2	can	can	AUX
cjal-9207	306	3	be	be	AUX
cjal-9207	306	4	seen	see	VERB
cjal-9207	306	5	in	in	ADP
cjal-9207	306	6	the	the	DET
cjal-9207	306	7	policy	policy	NOUN
cjal-9207	306	8	statements	statement	NOUN
cjal-9207	306	9	issued	issue	VERB
cjal-9207	306	10	by	by	ADP
cjal-9207	306	11	the	the	DET
cjal-9207	306	12	prc	prc	PROPN
cjal-9207	306	13	's	's	PART
cjal-9207	306	14	highest	high	ADJ
cjal-9207	306	15	executive	executive	ADJ
cjal-9207	306	16	level	level	NOUN
cjal-9207	306	17	of	of	ADP
cjal-9207	306	18	government	government	NOUN
cjal-9207	306	19	,	,	PUNCT
cjal-9207	306	20	th	th	X
cjal-9207	306	21	e	e	PROPN
cjal-9207	306	22	state	state	PROPN
cjal-9207	306	23	council	council	PROPN
cjal-9207	306	24	,	,	PUNCT
cjal-9207	306	25	50	50	NUM
cjal-9207	306	26	and	and	CCONJ
cjal-9207	306	27	the	the	DET
cjal-9207	306	28	subsequent	subsequent	ADJ
cjal-9207	306	29	body	body	NOUN
cjal-9207	306	30	of	of	ADP
cjal-9207	306	31	regulations	regulation	NOUN
cjal-9207	306	32	issued	issue	VERB
cjal-9207	306	33	by	by	ADP
cjal-9207	306	34	the	the	DET
cjal-9207	306	35	chinese	chinese	ADJ
cjal-9207	306	36	securities	security	NOUN
cjal-9207	306	37	regulator	regulator	NOUN
cjal-9207	306	38	(	(	PUNCT
cjal-9207	306	39	the	the	DET
cjal-9207	306	40	csrc	csrc	NOUN
cjal-9207	306	41	)	)	PUNCT
cjal-9207	306	42	,	,	PUNCT
cjal-9207	306	43	many	many	ADJ
cjal-9207	306	44	of	of	ADP
cjal-9207	306	45	which	which	PRON
cjal-9207	306	46	explicitly	explicitly	ADV
cjal-9207	306	47	emphasize	emphasize	VERB
cjal-9207	306	48	the	the	DET
cjal-9207	306	49	protection	protection	NOUN
cjal-9207	306	50	of	of	ADP
cjal-9207	306	51	investors	investor	NOUN
cjal-9207	306	52	'	'	PART
cjal-9207	306	53	interests	interest	NOUN
cjal-9207	306	54	for	for	ADP
cjal-9207	306	55	the	the	DET
cjal-9207	306	56	promotion	promotion	NOUN
cjal-9207	306	57	of	of	ADP
cjal-9207	306	58	stable	stable	ADJ
cjal-9207	306	59	and	and	CCONJ
cjal-9207	306	60	healt	healt	PROPN
cjal-9207	306	61	hy	hy	PROPN
cjal-9207	306	62	capital	capital	NOUN
cjal-9207	306	63	market	market	NOUN
cjal-9207	306	64	development	development	NOUN
cjal-9207	306	65	.	.	PUNCT
cjal-9207	307	1	51	51	NUM
cjal-9207	307	2	in	in	ADP
cjal-9207	307	3	2006	2006	NUM
cjal-9207	307	4	,	,	PUNCT
cjal-9207	307	5	the	the	DET
cjal-9207	307	6	1994	1994	NUM
cjal-9207	307	7	pr	pr	NOUN
cjal-9207	307	8	c	c	PROPN
cjal-9207	307	9	company	company	NOUN
cjal-9207	307	10	law	law	NOUN
cjal-9207	307	11	was	be	AUX
cjal-9207	307	12	revised	revise	VERB
cjal-9207	307	13	,	,	PUNCT
cjal-9207	307	14	wholesale	wholesale	ADJ
cjal-9207	307	15	,	,	PUNCT
cjal-9207	307	16	in	in	ADP
cjal-9207	307	17	line	line	NOUN
cjal-9207	307	18	with	with	ADP
cjal-9207	307	19	this	this	DET
cjal-9207	307	20	policy	policy	NOUN
cjal-9207	307	21	comm	comm	NOUN
cjal-9207	307	22	and	and	CCONJ
cjal-9207	307	23	,	,	PUNCT
cjal-9207	307	24	52	52	NUM
cjal-9207	307	25	evidencing	evidencing	NOUN
cjal-9207	307	26	a	a	DET
cjal-9207	307	27	more	more	ADV
cjal-9207	307	28	robust	robust	ADJ
cjal-9207	307	29	shareholder	shareholder	NOUN
cjal-9207	307	30	em	em	PRON
cjal-9207	307	31	power	power	VERB
cjal-9207	307	32	ing	e	VERB
cjal-9207	307	33	approach	approach	NOUN
cjal-9207	307	34	.53	.53	NUM
cjal-9207	307	35	thu	thu	PROPN
cjal-9207	307	36	s	s	PART
cjal-9207	307	37	,	,	PUNCT
cjal-9207	307	38	in	in	ADP
cjal-9207	307	39	formal	formal	ADJ
cjal-9207	307	40	terms	term	NOUN
cjal-9207	307	41	the	the	DET
cjal-9207	307	42	stat	stat	PROPN
cjal-9207	307	43	ute	ute	PROPN
cjal-9207	307	44	as	as	SCONJ
cjal-9207	307	45	revised	revise	VERB
cjal-9207	307	46	in	in	ADP
cjal-9207	307	47	2006	2006	NUM
cjal-9207	307	48	creates	create	VERB
cjal-9207	307	49	or	or	CCONJ
cjal-9207	307	50	stre	stre	NOUN
cjal-9207	307	51	ngth	ngth	NOUN
cjal-9207	307	52	ens	en	VERB
cjal-9207	307	53	various	various	ADJ
cjal-9207	307	54	mechanism	mechanism	NOUN
cjal-9207	307	55	s	s	VERB
cjal-9207	307	56	for	for	ADP
cjal-9207	307	57	the	the	DET
cjal-9207	307	58	protection	protection	NOUN
cjal-9207	307	59	of	of	ADP
cjal-9207	307	60	shareholders	shareholder	NOUN
cjal-9207	307	61	'	'	PART
cjal-9207	307	62	right	right	NOUN
cjal-9207	307	63	s	s	X
cjal-9207	307	64	and	and	CCONJ
cjal-9207	307	65	interests	interest	NOUN
cjal-9207	307	66	,	,	PUNCT
cjal-9207	307	67	including	include	VERB
cjal-9207	307	68	,	,	PUNCT
cjal-9207	307	69	for	for	ADP
cjal-9207	307	70	example	example	NOUN
cjal-9207	307	71	,	,	PUNCT
cjal-9207	307	72	explicit	explicit	ADJ
cjal-9207	307	73	fiduciary	fiduciary	ADJ
cjal-9207	307	74	duties	duty	NOUN
cjal-9207	307	75	for	for	ADP
cjal-9207	307	76	corporate	corporate	ADJ
cjal-9207	307	77	directors	director	NOUN
cjal-9207	307	78	,	,	PUNCT
cjal-9207	307	79	supervisory	supervisory	ADJ
cjal-9207	307	80	board	board	NOUN
cjal-9207	307	81	members	member	NOUN
cjal-9207	307	82	,	,	PUNCT
cjal-9207	307	83	and	and	CCONJ
cjal-9207	307	84	officers	officer	NOUN
cjal-9207	307	85	,	,	PUNCT
cjal-9207	307	86	a	a	DET
cjal-9207	307	87	derivative	derivative	ADJ
cjal-9207	307	88	law	law	NOUN
cjal-9207	307	89	suit	suit	NOUN
cjal-9207	307	90	for	for	ADP
cjal-9207	307	91	shareholders	shareholder	NOUN
cjal-9207	307	92	,	,	PUNCT
cjal-9207	307	93	and	and	CCONJ
cjal-9207	307	94	certain	certain	ADJ
cjal-9207	307	95	buy	buy	VERB
cjal-9207	307	96	back	back	ADP
cjal-9207	307	97	people	people	NOUN
cjal-9207	307	98	's	's	PART
cjal-9207	307	99	cong	cong	NOUN
cjal-9207	307	100	.	.	PROPN
cjal-9207	307	101	,	,	PUNCT
cjal-9207	307	102	july	july	PROPN
cjal-9207	307	103	1	1	NUM
cjal-9207	307	104	,	,	PUNCT
cjal-9207	307	105	1979	1979	NUM
cjal-9207	307	106	,	,	PUNCT
cjal-9207	307	107	effective	effective	ADJ
cjal-9207	307	108	july	july	PROPN
cjal-9207	307	109	8	8	NUM
cjal-9207	307	110	,	,	PUNCT
cjal-9207	307	111	1979	1979	NUM
cjal-9207	307	112	,	,	PUNCT
cjal-9207	307	113	as	as	SCONJ
cjal-9207	307	114	amended	amend	VERB
cjal-9207	307	115	mar	mar	PROPN
cjal-9207	307	116	.	.	PROPN
cjal-9207	307	117	5	5	NUM
cjal-9207	307	118	,	,	PUNCT
cjal-9207	307	119	2001	2001	NUM
cjal-9207	307	120	)	)	PUNCT
cjal-9207	307	121	,	,	PUNCT
cjal-9207	307	122	http	http	NOUN
cjal-9207	307	123	:	:	PUNCT
cjal-9207	307	124	//engli	//engli	X
cjal-9207	308	1	sh.mofcom.gov	sh.mofcom.gov	VERB
cjal-9207	308	2	.en	.en	NOUN
cjal-9207	308	3	/	/	SYM
cjal-9207	308	4	article	article	NOUN
cjal-9207	308	5	/	/	SYM
cjal-9207	308	6	la	la	PROPN
cjal-9207	308	7	wsda	wsda	NOUN
cjal-9207	308	8	ta	ta	PROPN
cjal-9207	308	9	/	/	SYM
cjal-9207	308	10	ch	ch	PROPN
cjal-9207	308	11	mesela	mesela	PROPN
cjal-9207	308	12	w/200301/20030100062	w/200301/20030100062	PROPN
cjal-9207	308	13	855	855	NUM
cjal-9207	308	14	.shtml	.shtml	NOUN
cjal-9207	308	15	.	.	PUNCT
cjal-9207	309	1	50	50	NUM
cjal-9207	309	2	for	for	ADP
cjal-9207	309	3	instance	instance	NOUN
cjal-9207	309	4	,	,	PUNCT
cjal-9207	309	5	a	a	DET
cjal-9207	309	6	relevant	relevant	ADJ
cjal-9207	309	7	state	state	NOUN
cjal-9207	309	8	council	council	PROPN
cjal-9207	309	9	opinion	opinion	NOUN
cjal-9207	309	10	states	state	VERB
cjal-9207	309	11	:	:	PUNCT
cjal-9207	309	12	the	the	DET
cjal-9207	309	13	quality	quality	NOUN
cjal-9207	309	14	of	of	ADP
cjal-9207	309	15	listed	list	VERB
cjal-9207	309	16	companies	company	NOUN
cjal-9207	309	17	must	must	AUX
cjal-9207	309	18	be	be	AUX
cjal-9207	309	19	upgrad	upgrad	NOUN
cjal-9207	309	20	ed	ed	NOUN
cjal-9207	309	21	.	.	PUNCT
cjal-9207	310	1	the	the	DET
cjal-9207	310	2	quality	quality	NOUN
cjal-9207	310	3	of	of	ADP
cjal-9207	310	4	listed	list	VERB
cjal-9207	310	5	companies	company	NOUN
cjal-9207	310	6	is	be	AUX
cjal-9207	310	7	the	the	DET
cjal-9207	310	8	source	source	NOUN
cjal-9207	310	9	of	of	ADP
cjal-9207	310	10	value	value	NOUN
cjal-9207	310	11	for	for	ADP
cjal-9207	310	12	securities	security	NOUN
cjal-9207	310	13	market	market	NOUN
cjal-9207	310	14	investment	investment	NOUN
cjal-9207	310	15	...	...	PUNCT
cjal-9207	311	1	we	we	PRON
cjal-9207	311	2	should	should	AUX
cjal-9207	311	3	improve	improve	VERB
cjal-9207	311	4	the	the	DET
cjal-9207	311	5	structure	structure	NOUN
cjal-9207	311	6	of	of	ADP
cjal-9207	311	7	corporate	corporate	ADJ
cjal-9207	311	8	governance	governance	NOUN
cjal-9207	311	9	of	of	ADP
cjal-9207	311	10	listed	list	VERB
cjal-9207	311	11	companies	company	NOUN
cjal-9207	311	12	,	,	PUNCT
cjal-9207	311	13	and	and	CCONJ
cjal-9207	311	14	by	by	ADP
cjal-9207	311	15	following	follow	VERB
cjal-9207	311	16	the	the	DET
cjal-9207	311	17	requirements	requirement	NOUN
cjal-9207	311	18	of	of	ADP
cjal-9207	311	19	the	the	DET
cjal-9207	311	20	modern	modern	ADJ
cjal-9207	311	21	corporate	corporate	ADJ
cjal-9207	311	22	system	system	NOUN
cjal-9207	311	23	,	,	PUNCT
cjal-9207	311	24	form	form	VERB
cjal-9207	311	25	a	a	DET
cjal-9207	311	26	check	check	NOUN
cjal-9207	311	27	and	and	CCONJ
cjal-9207	311	28	balance	balance	NOUN
cjal-9207	311	29	mechanism	mechanism	NOUN
cjal-9207	311	30	among	among	ADP
cjal-9207	311	31	the	the	DET
cjal-9207	311	32	power	power	NOUN
cjal-9207	311	33	organ	organ	NOUN
cjal-9207	311	34	,	,	PUNCT
cjal-9207	311	35	the	the	DET
cjal-9207	311	36	decision	decision	NOUN
cjal-9207	311	37	-	-	PUNCT
cjal-9207	311	38	making	make	VERB
cjal-9207	311	39	organ	organ	NOUN
cjal-9207	311	40	,	,	PUNCT
cjal-9207	311	41	the	the	DET
cjal-9207	311	42	supervisory	supervisory	ADJ
cjal-9207	311	43	organ	organ	NOUN
cjal-9207	311	44	and	and	CCONJ
cjal-9207	311	45	corporate	corporate	ADJ
cjal-9207	311	46	mana	mana	NOUN
cjal-9207	311	47	gers	ger	NOUN
cjal-9207	311	48	...	...	PUNCT
cjal-9207	312	1	we	we	PRON
cjal-9207	312	2	s	s	AUX
cjal-9207	312	3	hould	hould	AUX
cjal-9207	312	4	regulate	regulate	VERB
cjal-9207	312	5	the	the	DET
cjal-9207	312	6	acts	act	NOUN
cjal-9207	312	7	of	of	ADP
cjal-9207	312	8	controlling	control	VERB
cjal-9207	312	9	shareholders	shareholder	NOUN
cjal-9207	312	10	and	and	CCONJ
cjal-9207	312	11	prosecute	prosecute	VERB
cjal-9207	312	12	those	those	PRON
cjal-9207	312	13	committing	commit	VERB
cjal-9207	312	14	acts	act	NOUN
cjal-9207	312	15	to	to	PART
cjal-9207	312	16	damage	damage	VERB
cjal-9207	312	17	the	the	DET
cjal-9207	312	18	interests	interest	NOUN
cjal-9207	312	19	of	of	ADP
cjal-9207	312	20	listed	list	VERB
cjal-9207	312	21	companies	company	NOUN
cjal-9207	312	22	or	or	CCONJ
cjal-9207	312	23	those	those	PRON
cjal-9207	312	24	of	of	ADP
cjal-9207	312	25	small	small	ADJ
cjal-9207	312	26	and	and	CCONJ
cjal-9207	312	27	medium	medium	ADJ
cjal-9207	312	28	-	-	PUNCT
cjal-9207	312	29	sized	sized	ADJ
cjal-9207	312	30	shareholder	shareholder	NOUN
cjal-9207	312	31	,	,	PUNCT
cjal-9207	312	32	,	,	PUNCT
cjal-9207	312	33	...	...	PUNCT
cjal-9207	312	34	guanyu	guanyu	PROPN
cjal-9207	313	1	tuijin	tuijin	PROPN
cjal-9207	313	2	zibenshic	zibenshic	ADJ
cjal-9207	313	3	hang	hang	ADJ
cjal-9207	313	4	gaigeka	gaigeka	NOUN
cjal-9207	313	5	ifang	ifang	INTJ
cjal-9207	313	6	he	he	PRON
cjal-9207	313	7	we	we	PRON
cjal-9207	313	8	ndingfazhan	ndingfazhan	VERB
cjal-9207	313	9	de	de	ADP
cjal-9207	313	10	ruogany1j1an	ruogany1j1an	NOUN
cjal-9207	313	11	(:	(:	NOUN
cjal-9207	313	12	:	:	PUNCT
cjal-9207	313	13	x:=flm.iit	x:=flm.iit	PROPN
cjal-9207	313	14	~:;,fs	~:;,fs	NOUN
cjal-9207	313	15	:	:	PUNCT
cjal-9207	313	16	rji	rji	NOUN
cjal-9207	313	17	:	:	PUNCT
cjal-9207	313	18	ij	ij	INTJ
cjal-9207	313	19	,	,	PUNCT
cjal-9207	313	20	i&l(ijftil(~~;;i;~~(iij	i&l(ijftil(~~;;i;~~(iij	PROPN
cjal-9207	313	21	:	:	PUNCT
cjal-9207	313	22	l	l	NOUN
cjal-9207	313	23	:	:	PUNCT
cjal-9207	313	24	r	r	NOUN
cjal-9207	313	25	-	-	PUNCT
cjal-9207	313	26	f#~	f#~	ADJ
cjal-9207	313	27	)	)	PUNCT
cjal-9207	314	1	[	[	X
cjal-9207	314	2	some	some	DET
cjal-9207	314	3	opinions	opinion	NOUN
cjal-9207	314	4	of	of	ADP
cjal-9207	314	5	the	the	DET
cjal-9207	314	6	state	state	NOUN
cjal-9207	314	7	council	council	PROPN
cjal-9207	314	8	on	on	ADP
cjal-9207	314	9	promoting	promote	VERB
cjal-9207	314	10	the	the	DET
cjal-9207	314	11	reform	reform	NOUN
cjal-9207	314	12	,	,	PUNCT
cjal-9207	314	13	opening	opening	NOUN
cjal-9207	314	14	and	and	CCONJ
cjal-9207	314	15	stead	stead	VERB
cjal-9207	314	16	y	y	PROPN
cjal-9207	314	17	growth	growth	NOUN
cjal-9207	314	18	of	of	ADP
cjal-9207	314	19	capital	capital	NOUN
cjal-9207	314	20	markets	market	NOUN
cjal-9207	314	21	}	}	PUNCT
cjal-9207	314	22	(	(	PUNCT
cjal-9207	314	23	promulgated	promulgate	VERB
cjal-9207	314	24	by	by	ADP
cjal-9207	314	25	the	the	DET
cjal-9207	314	26	state	state	PROPN
cjal-9207	314	27	council	council	PROPN
cjal-9207	314	28	,	,	PUNCT
cjal-9207	314	29	guofa	guofa	X
cjal-9207	314	30	(	(	PUNCT
cjal-9207	314	31	2004	2004	NUM
cjal-9207	314	32	)	)	PUNCT
cjal-9207	314	33	no.3	no.3	PROPN
cjal-9207	314	34	,	,	PUNCT
cjal-9207	314	35	jan	jan	PROPN
cjal-9207	314	36	.	.	PROPN
cjal-9207	314	37	31	31	NUM
cjal-9207	314	38	,	,	PUNCT
cjal-9207	314	39	2004	2004	NUM
cjal-9207	314	40	)	)	PUNCT
cjal-9207	314	41	,	,	PUNCT
cjal-9207	314	42	available	available	ADJ
cjal-9207	314	43	at	at	ADP
cjal-9207	314	44	http	http	NOUN
cjal-9207	314	45	:	:	PUNCT
cjal-9207	314	46	//www.as1an	//www.as1an	SYM
cjal-9207	314	47	lii	lii	VERB
cjal-9207	314	48	.org	.org	PUNCT
cjal-9207	315	1	/	/	SYM
cjal-9207	315	2	cn	cn	VERB
cjal-9207	315	3	/legis	/legis	ADJ
cjal-9207	315	4	/	/	SYM
cjal-9207	315	5	cen	cen	NOUN
cjal-9207	315	6	/	/	SYM
cjal-9207	315	7	laws	law	NOUN
cjal-9207	315	8	/	/	SYM
cjal-9207	315	9	sootscoptroasgocm970	sootscoptroasgocm970	PROPN
cjal-9207	315	10	.	.	PUNCT
cjal-9207	316	1	see	see	VERB
cjal-9207	316	2	also	also	ADV
cjal-9207	316	3	,	,	PUNCT
cjal-9207	316	4	guanyuzuohao	guanyuzuohao	PROPN
cjal-9207	316	5	guancheshish1	guancheshish1	PROPN
cjal-9207	316	6	xiudmghou	xiudmghou	PROPN
cjal-9207	316	7	de	de	PROPN
cjal-9207	316	8	gongsifahe	gongsifahe	PROPN
cjal-9207	316	9	zhe	zhe	PROPN
cjal-9207	316	10	ngqu	ngqu	PROPN
cjal-9207	316	11	anfa	anfa	PROPN
cjal-9207	316	12	youguangongzuo	youguangongzuo	PROPN
cjal-9207	316	13	de	de	PROPN
cjal-9207	316	14	tongzhi	tongzhi	PROPN
cjal-9207	316	15	(	(	PUNCT
cjal-9207	316	16	x	x	X
cjal-9207	316	17	-	-	PUNCT
cjal-9207	316	18	f-{.\'.{pf	f-{.\'.{pf	NOUN
cjal-9207	316	19	!	!	PUNCT
cjal-9207	317	1	j!m'.:t	j!m'.:t	NOUN
cjal-9207	317	2	~	~	SYM
cjal-9207	317	3	tjij	tjij	NOUN
cjal-9207	317	4	j;;q(j	j;;q(j	NOUN
cjal-9207	317	5	~	~	PROPN
cjal-9207	317	6	uji-;/	uji-;/	PROPN
cjal-9207	317	7	;	;	PUNCT
cjal-9207	317	8	.flliie	.flliie	NOUN
cjal-9207	317	9	~	~	NOUN
cjal-9207	317	10	il'ihf*iftc(iijji!l?af	il'ihf*iftc(iijji!l?af	NOUN
cjal-9207	317	11	)	)	PUNCT
cjal-9207	318	1	[	[	X
cjal-9207	318	2	state	state	NOUN
cjal-9207	318	3	council	council	NOUN
cjal-9207	318	4	notice	notice	NOUN
cjal-9207	318	5	on	on	ADP
cjal-9207	318	6	good	good	ADJ
cjal-9207	318	7	implementation	implementation	NOUN
cjal-9207	318	8	of	of	ADP
cjal-9207	318	9	the	the	DET
cjal-9207	318	10	revised	revise	VERB
cjal-9207	318	11	corporate	corporate	ADJ
cjal-9207	318	12	an	an	DET
cjal-9207	318	13	d	d	NOUN
cjal-9207	318	14	securiti	securiti	NOUN
cjal-9207	318	15	es	es	PROPN
cjal-9207	318	16	law	law	NOUN
cjal-9207	318	17	]	]	PUNCT
cjal-9207	318	18	(	(	PUNCT
cjal-9207	318	19	promulgated	promulgate	VERB
cjal-9207	318	20	by	by	ADP
cjal-9207	318	21	the	the	DET
cjal-9207	318	22	state	state	PROPN
cjal-9207	318	23	council	council	PROPN
cjal-9207	318	24	,	,	PUNCT
cjal-9207	318	25	guofa	guofa	X
cjal-9207	318	26	(	(	PUNCT
cjal-9207	318	27	2005	2005	NUM
cjal-9207	318	28	)	)	PUNCT
cjal-9207	319	1	no	no	INTJ
cjal-9207	319	2	.	.	PROPN
cjal-9207	320	1	62	62	NUM
cjal-9207	320	2	dec	dec	PROPN
cjal-9207	320	3	.	.	PROPN
cjal-9207	320	4	23	23	NUM
cjal-9207	320	5	,	,	PUNCT
cjal-9207	320	6	2005	2005	NUM
cjal-9207	320	7	)	)	PUNCT
cjal-9207	320	8	,	,	PUNCT
cjal-9207	320	9	available	available	ADJ
cjal-9207	320	10	at	at	ADP
cjal-9207	320	11	http	http	NOUN
cjal-9207	320	12	:	:	PUNCT
cjal-9207	320	13	//www.gov.cn	//www.gov.cn	PUNCT
cjal-9207	320	14	/	/	SYM
cjal-9207	320	15	gongbao	gongbao	PROPN
cjal-9207	320	16	/	/	SYM
cjal-9207	320	17	content/2006	content/2006	X
cjal-9207	320	18	/	/	SYM
cjal-9207	320	19	content_212077.htm	content_212077.htm	PROPN
cjal-9207	320	20	(	(	PUNCT
cjal-9207	320	21	the	the	DET
cjal-9207	320	22	opinion	opinion	NOUN
cjal-9207	320	23	empha	empha	NOUN
cjal-9207	320	24	sizes	size	NOUN
cjal-9207	320	25	to	to	ADP
cjal-9207	320	26	vari	vari	PROPN
cjal-9207	320	27	ous	ous	ADJ
cjal-9207	320	28	levels	level	NOUN
cjal-9207	320	29	of	of	ADP
cjal-9207	320	30	the	the	DET
cjal-9207	320	31	government	government	NOUN
cjal-9207	320	32	the	the	DET
cjal-9207	320	33	necessity	necessity	NOUN
cjal-9207	320	34	to	to	PART
cjal-9207	320	35	implement	implement	VERB
cjal-9207	320	36	the	the	DET
cjal-9207	320	37	revised	revise	VERB
cjal-9207	320	38	company	company	NOUN
cjal-9207	320	39	and	and	CCONJ
cjal-9207	320	40	securities	security	NOUN
cjal-9207	320	41	laws	law	NOUN
cjal-9207	320	42	,	,	PUNCT
cjal-9207	320	43	which	which	PRON
cjal-9207	320	44	established	establish	VERB
cjal-9207	320	45	mechanisms	mechanism	NOUN
cjal-9207	320	46	for	for	ADP
cjal-9207	320	47	the	the	DET
cjal-9207	320	48	protections	protection	NOUN
cjal-9207	320	49	of	of	ADP
cjal-9207	320	50	corporate	corporate	ADJ
cjal-9207	320	51	const	const	ADJ
cjal-9207	320	52	ituents	ituent	NOUN
cjal-9207	320	53	,	,	PUNCT
cjal-9207	320	54	in	in	ADP
cjal-9207	320	55	order	order	NOUN
cjal-9207	320	56	to	to	PART
cjal-9207	320	57	promote	promote	VERB
cjal-9207	320	58	capital	capital	NOUN
cjal-9207	320	59	market	market	NOUN
cjal-9207	320	60	development	development	NOUN
cjal-9207	320	61	)	)	PUNCT
cjal-9207	320	62	.	.	PUNCT
cjal-9207	321	1	moreover	moreover	ADV
cjal-9207	321	2	,	,	PUNCT
cjal-9207	321	3	chapter	chapter	NOUN
cjal-9207	321	4	iv	iv	NUM
cjal-9207	321	5	of	of	ADP
cjal-9207	321	6	chin	chin	PROPN
cjal-9207	321	7	a	a	PRON
cjal-9207	321	8	's	's	PART
cjal-9207	321	9	2008	2008	NUM
cjal-9207	321	10	white	white	ADJ
cjal-9207	321	11	paper	paper	NOUN
cjal-9207	321	12	on	on	ADP
cjal-9207	321	13	promotion	promotion	NOUN
cjal-9207	321	14	of	of	ADP
cjal-9207	321	15	the	the	DET
cjal-9207	321	16	"	"	PUNCT
cjal-9207	321	17	rule	rule	NOUN
cjal-9207	321	18	of	of	ADP
cjal-9207	321	19	law	law	NOUN
cjal-9207	321	20	"	"	PUNCT
cjal-9207	321	21	deals	deal	NOUN
cjal-9207	321	22	specifically	specifically	ADV
cjal-9207	321	23	with	with	ADP
cjal-9207	321	24	"	"	PUNCT
cjal-9207	321	25	lega	lega	NOUN
cjal-9207	321	26	l	l	NOUN
cjal-9207	321	27	systems	system	NOUN
cjal-9207	321	28	regulating	regulate	VERB
cjal-9207	321	29	the	the	PRON
cjal-9207	321	30	or	or	CCONJ
cjal-9207	321	31	der	der	NOUN
cjal-9207	321	32	of	of	ADP
cjal-9207	321	33	market	market	NOUN
cjal-9207	321	34	economy	economy	NOUN
cjal-9207	321	35	"	"	PUNCT
cjal-9207	321	36	,	,	PUNCT
cjal-9207	321	37	which	which	PRON
cjal-9207	321	38	pomts	pomt	VERB
cjal-9207	321	39	to	to	ADP
cjal-9207	321	40	the	the	DET
cjal-9207	321	41	need	need	NOUN
cjal-9207	321	42	for	for	ADP
cjal-9207	321	43	"	"	PUNCT
cjal-9207	321	44	safegua	safegua	NOUN
cjal-9207	321	45	rdin	rdin	VERB
cjal-9207	321	46	g	g	ADP
cjal-9207	321	47	the	the	DET
cjal-9207	321	48	lawful	lawful	ADJ
cjal-9207	321	49	righ	righ	NOUN
cjal-9207	321	50	ts	ts	NOUN
cjal-9207	321	51	and	and	CCONJ
cjal-9207	321	52	interests	interest	NOUN
cjal-9207	321	53	of	of	ADP
cjal-9207	321	54	corporate	corporate	ADJ
cjal-9207	321	55	investors	investor	NOUN
cjal-9207	321	56	and	and	CCONJ
cjal-9207	321	57	stakeholders	stakeholder	NOUN
cjal-9207	321	58	"	"	PUNCT
cjal-9207	321	59	.	.	PUNCT
cjal-9207	322	1	zhongguo	zhongguo	PROPN
cjal-9207	322	2	de	de	PROPN
cjal-9207	322	3	fazhi	fazhi	PROPN
cjal-9207	322	4	jianshe	jianshe	PROPN
cjal-9207	322	5	(	(	PUNCT
cjal-9207	322	6	cf	cf	NOUN
cjal-9207	322	7	,	,	PUNCT
cjal-9207	322	8	l'iil	l'iil	PROPN
cjal-9207	322	9	(	(	PUNCT
cjal-9207	322	10	l(j	l(j	NOUN
cjal-9207	322	11	it	it	PRON
cjal-9207	322	12	rail	rail	NOUN
cjal-9207	322	13	ii	ii	NOUN
cjal-9207	322	14	)	)	PUNCT
cjal-9207	323	1	[	[	X
cjal-9207	323	2	china	china	PROPN
cjal-9207	323	3	's	's	PART
cjal-9207	323	4	efforts	effort	NOUN
cjal-9207	323	5	and	and	CCONJ
cjal-9207	323	6	achievements	achievement	NOUN
cjal-9207	323	7	in	in	ADP
cjal-9207	323	8	prom	prom	PROPN
cjal-9207	323	9	oti	oti	PROPN
cjal-9207	323	10	ng	ng	PROPN
cjal-9207	323	11	the	the	DET
cjal-9207	323	12	rule	rule	NOUN
cjal-9207	323	13	of	of	ADP
cjal-9207	323	14	law	law	NOUN
cjal-9207	323	15	]	]	PUNCT
cjal-9207	323	16	(	(	PUNCT
cjal-9207	323	17	promulgated	promulgate	VERB
cjal-9207	323	18	by	by	ADP
cjal-9207	323	19	the	the	DET
cjal-9207	323	20	information	information	NOUN
cjal-9207	323	21	office	office	NOUN
cjal-9207	323	22	of	of	ADP
cjal-9207	323	23	the	the	DET
cjal-9207	323	24	state	state	PROPN
cjal-9207	323	25	council	council	PROPN
cjal-9207	323	26	feb	feb	PROPN
cjal-9207	323	27	.	.	PROPN
cjal-9207	323	28	28	28	NUM
cjal-9207	323	29	,	,	PUNCT
cjal-9207	323	30	2008	2008	NUM
cjal-9207	323	31	)	)	PUNCT
cjal-9207	323	32	,	,	PUNCT
cjal-9207	323	33	available	available	ADJ
cjal-9207	323	34	at	at	ADP
cjal-9207	323	35	ht	ht	PROPN
cjal-9207	323	36	tp://www.cbina.org.cn/government/whitepaper/node_704	tp://www.cbina.org.cn/government/whitepaper/node_704	PROPN
cjal-9207	323	37	l	l	PROPN
cjal-9207	323	38	7	7	NUM
cjal-9207	323	39	33	33	NUM
cjal-9207	323	40	.htm	.htm	PUNCT
cjal-9207	323	41	.	.	PUNCT
cjal-9207	324	1	51	51	NUM
cjal-9207	324	2	for	for	ADP
cjal-9207	324	3	a	a	DET
cjal-9207	324	4	lis	li	NOUN
cjal-9207	324	5	t	t	NOUN
cjal-9207	324	6	of	of	ADP
cjal-9207	324	7	these	these	DET
cjal-9207	324	8	regulations	regulation	NOUN
cjal-9207	324	9	,	,	PUNCT
cjal-9207	324	10	see	see	VERB
cjal-9207	324	11	howson	howson	PROPN
cjal-9207	324	12	,	,	PUNCT
cjal-9207	324	13	supra	supra	PROPN
cjal-9207	324	14	note	note	PROPN
cjal-9207	324	15	36	36	NUM
cjal-9207	324	16	.	.	NUM
cjal-9207	324	17	52	52	NUM
cjal-9207	325	1	the	the	DET
cjal-9207	325	2	company	company	NOUN
cjal-9207	325	3	law	law	NOUN
cjal-9207	325	4	was	be	AUX
cjal-9207	325	5	revised	revise	VERB
cjal-9207	325	6	at	at	ADP
cjal-9207	325	7	the	the	DET
cjal-9207	325	8	18•h	18•h	NUM
cjal-9207	325	9	meeting	meeting	NOUN
cjal-9207	325	10	of	of	ADP
cjal-9207	325	11	the	the	DET
cjal-9207	325	12	10•h	10•h	PROPN
cjal-9207	325	13	national	national	PROPN
cjal-9207	325	14	peop	peop	PROPN
cjal-9207	325	15	le	le	PROPN
cjal-9207	325	16	's	's	PART
cjal-9207	325	17	congr	congr	NOUN
cjal-9207	325	18	ess	ess	PROPN
cjal-9207	325	19	of	of	ADP
cjal-9207	325	20	th	th	X
cjal-9207	325	21	e	e	VERB
cjal-9207	325	22	people	people	NOUN
cjal-9207	325	23	's	's	PART
cjal-9207	325	24	republic	republic	NOUN
cjal-9207	325	25	of	of	ADP
cjal-9207	325	26	chin	chin	PROPN
cjal-9207	325	27	a	a	PRON
cjal-9207	325	28	on	on	ADP
cjal-9207	325	29	october	october	PROPN
cjal-9207	325	30	27	27	NUM
cjal-9207	325	31	,	,	PUNCT
cjal-9207	325	32	2005	2005	NUM
cjal-9207	325	33	and	and	CCONJ
cjal-9207	325	34	was	be	AUX
cjal-9207	325	35	last	last	ADV
cjal-9207	325	36	amended	amend	VERB
cjal-9207	325	37	december	december	PROPN
cjal-9207	325	38	28•h	28•h	NUM
cjal-9207	325	39	,	,	PUNCT
cjal-9207	325	40	2013	2013	NUM
cjal-9207	325	41	.	.	PUNCT
cjal-9207	326	1	gongsifa	gongsifa	PROPN
cjal-9207	326	2	(	(	PUNCT
cjal-9207	326	3	0	0	NUM
cjal-9207	326	4	ii	ii	NOUN
cjal-9207	326	5	]	]	X
cjal-9207	326	6	it	it	PRON
cjal-9207	326	7	)	)	PUNCT
cjal-9207	327	1	[	[	X
cjal-9207	327	2	company	company	NOUN
cjal-9207	327	3	law	law	NOUN
cjal-9207	327	4	]	]	PUNCT
cjal-9207	327	5	(	(	PUNCT
cjal-9207	327	6	promulgated	promulgate	VERB
cjal-9207	327	7	by	by	ADP
cjal-9207	327	8	the	the	DET
cjal-9207	327	9	standing	standing	NOUN
cjal-9207	327	10	comm	comm	NOUN
cjal-9207	327	11	.	.	PUNCT
cjal-9207	328	1	nat	nat	NOUN
cjal-9207	328	2	'	'	PUNCT
cjal-9207	328	3	)	)	PUNCT
cjal-9207	328	4	people	people	NOUN
cjal-9207	328	5	's	's	PART
cjal-9207	328	6	cong	cong	NOUN
cjal-9207	328	7	'	'	PUNCT
cjal-9207	328	8	.	.	PUNCT
cjal-9207	329	1	dec	dec	PROPN
cjal-9207	329	2	.	.	PROPN
cjal-9207	329	3	29	29	NUM
cjal-9207	329	4	,	,	PUNCT
cjal-9207	329	5	1993	1993	NUM
cjal-9207	329	6	,	,	PUNCT
cjal-9207	329	7	revised	revise	VERB
cjal-9207	329	8	,	,	PUNCT
cjal-9207	329	9	oct	oct	PROPN
cjal-9207	329	10	.	.	PROPN
cjal-9207	330	1	27	27	NUM
cjal-9207	330	2	,	,	PUNCT
cjal-9207	330	3	2005	2005	NUM
cjal-9207	330	4	,	,	PUNCT
cjal-9207	330	5	amended	amend	VERB
cjal-9207	330	6	,	,	PUNCT
cjal-9207	330	7	dec	dec	PROPN
cjal-9207	330	8	.	.	PROPN
cjal-9207	330	9	28	28	NUM
cjal-9207	330	10	,	,	PUNCT
cjal-9207	330	11	2013	2013	NUM
cjal-9207	330	12	,	,	PUNCT
cjal-9207	330	13	effective	effective	ADJ
cjal-9207	330	14	mar	mar	PROPN
cjal-9207	330	15	.	.	PROPN
cjal-9207	330	16	1	1	NUM
cjal-9207	330	17	,	,	PUNCT
cjal-9207	330	18	2014	2014	NUM
cjal-9207	330	19	)	)	PUNCT
cjal-9207	330	20	,	,	PUNCT
cjal-9207	330	21	available	available	ADJ
cjal-9207	330	22	at	at	ADP
cjal-9207	330	23	http://www.fdi.gov.cn/l800000121	http://www.fdi.gov.cn/l800000121	PROPN
cjal-9207	330	24	39	39	NUM
cjal-9207	330	25	4814	4814	NUM
cjal-9207	330	26	o	o	NOUN
cjal-9207	330	27	7	7	NUM
cjal-9207	330	28	html	html	NOUN
cjal-9207	330	29	.'1.1	.'1.1	PUNCT
cjal-9207	331	1	howson	howson	PROPN
cjal-9207	331	2	,	,	PUNCT
cjal-9207	331	3	supra	supra	PROPN
cjal-9207	331	4	note	note	PROPN
cjal-9207	331	5	36	36	NUM
cjal-9207	331	6	,	,	PUNCT
cjal-9207	331	7	at	at	ADP
cjal-9207	331	8	698	698	NUM
cjal-9207	331	9	,	,	PUNCT
cjal-9207	331	10	701	701	NUM
cjal-9207	331	11	-	-	PUNCT
cjal-9207	331	12	-07	-07	NUM
cjal-9207	331	13	.	.	PUNCT
cjal-9207	331	14	·	·	PUNCT
cjal-9207	332	1	·	·	PUNCT
cjal-9207	332	2	2016	2016	NUM
cjal-9207	332	3	)	)	PUNCT
cjal-9207	332	4	minority	minority	NOUN
cjal-9207	332	5	public	public	ADJ
cjal-9207	332	6	shareholders	shareholder	NOUN
cjal-9207	332	7	in	in	ADP
cjal-9207	332	8	china	china	PROPN
cjal-9207	332	9	17	17	NUM
cjal-9207	332	10	guarantees	guarantee	NOUN
cjal-9207	332	11	.	.	PUNCT
cjal-9207	333	1	54	54	NUM
cjal-9207	333	2	perhaps	perhaps	ADV
cjal-9207	333	3	most	most	ADV
cjal-9207	333	4	striking	striking	ADJ
cjal-9207	333	5	,	,	PUNCT
cjal-9207	333	6	the	the	DET
cjal-9207	333	7	2006	2006	NUM
cjal-9207	333	8	company	company	NOUN
cjal-9207	333	9	law	law	NOUN
cjal-9207	333	10	also	also	ADV
cjal-9207	333	11	adopted	adopt	VERB
cjal-9207	333	12	something	something	PRON
cjal-9207	333	13	like	like	ADP
cjal-9207	333	14	fiduciary	fiduciary	ADJ
cjal-9207	333	15	duties	duty	NOUN
cjal-9207	333	16	for	for	ADP
cjal-9207	333	17	controlling	control	VERB
cjal-9207	333	18	shareholders	shareholder	NOUN
cjal-9207	333	19	,	,	PUNCT
cjal-9207	333	20	owed	owe	VERB
cjal-9207	333	21	to	to	ADP
cjal-9207	333	22	the	the	DET
cjal-9207	333	23	company	company	NOUN
cjal-9207	333	24	and	and	CCONJ
cjal-9207	333	25	to	to	ADP
cjal-9207	333	26	other	other	ADJ
cjal-9207	333	27	shareholders.55	shareholders.55	NOUN
cjal-9207	333	28	more	more	ADV
cjal-9207	333	29	importantly	importantly	ADV
cjal-9207	333	30	,	,	PUNCT
cjal-9207	333	31	the	the	DET
cjal-9207	333	32	2006	2006	NUM
cjal-9207	333	33	company	company	NOUN
cjal-9207	333	34	law	law	NOUN
cjal-9207	333	35	goes	go	VERB
cjal-9207	333	36	beyond	beyond	ADP
cjal-9207	333	37	the	the	DET
cjal-9207	333	38	mere	mere	ADJ
cjal-9207	333	39	protection	protection	NOUN
cjal-9207	333	40	of	of	ADP
cjal-9207	333	41	basic	basic	ADJ
cjal-9207	333	42	shareholder	shareholder	NOUN
cjal-9207	333	43	rights	right	NOUN
cjal-9207	333	44	,	,	PUNCT
cjal-9207	333	45	by	by	ADP
cjal-9207	333	46	also	also	ADV
cjal-9207	333	47	establishing	establish	VERB
cjal-9207	333	48	mechanisms	mechanism	NOUN
cjal-9207	333	49	to	to	PART
cjal-9207	333	50	enable	enable	VERB
cjal-9207	333	51	public	public	ADJ
cjal-9207	333	52	shareholder	shareholder	NOUN
cjal-9207	333	53	participation	participation	NOUN
cjal-9207	333	54	in	in	ADP
cjal-9207	333	55	listed	list	VERB
cjal-9207	333	56	firm	firm	ADJ
cjal-9207	333	57	governance	governance	NOUN
cjal-9207	333	58	,	,	PUNCT
cjal-9207	333	59	including	include	VERB
cjal-9207	333	60	:	:	PUNCT
cjal-9207	333	61	involvement	involvement	NOUN
cjal-9207	333	62	in	in	ADP
cjal-9207	333	63	the	the	DET
cjal-9207	333	64	composition	composition	NOUN
cjal-9207	333	65	of	of	ADP
cjal-9207	333	66	the	the	DET
cjal-9207	333	67	board	board	NOUN
cjal-9207	333	68	of	of	ADP
cjal-9207	333	69	directors;56	directors;56	ADJ
cjal-9207	333	70	decision	decision	NOUN
cjal-9207	333	71	power	power	NOUN
cjal-9207	333	72	on	on	ADP
cjal-9207	333	73	numerous	numerous	ADJ
cjal-9207	333	74	corporate	corporate	ADJ
cjal-9207	333	75	matters	matter	NOUN
cjal-9207	333	76	including	include	VERB
cjal-9207	333	77	changes	change	NOUN
cjal-9207	333	78	in	in	ADP
cjal-9207	333	79	the	the	DET
cjal-9207	333	80	company	company	NOUN
cjal-9207	333	81	's	's	PART
cjal-9207	333	82	registered	register	VERB
cjal-9207	333	83	capital	capital	NOUN
cjal-9207	333	84	,	,	PUNCT
cjal-9207	333	85	bond	bond	NOUN
cjal-9207	333	86	issuances	issuance	NOUN
cjal-9207	333	87	,	,	PUNCT
cjal-9207	333	88	re	re	NOUN
cjal-9207	333	89	-	-	NOUN
cjal-9207	333	90	organizations	organization	NOUN
cjal-9207	333	91	,	,	PUNCT
cjal-9207	333	92	dissolution	dissolution	NOUN
cjal-9207	333	93	and	and	CCONJ
cjal-9207	333	94	liquidation	liquidation	NOUN
cjal-9207	333	95	decisions	decision	NOUN
cjal-9207	333	96	,	,	PUNCT
cjal-9207	333	97	and	and	CCONJ
cjal-9207	333	98	bylaw	bylaw	VERB
cjal-9207	333	99	amendments;5	amendments;5	PROPN
cjal-9207	333	100	7	7	NUM
cjal-9207	333	101	and	and	CCONJ
cjal-9207	333	102	even	even	ADV
cjal-9207	333	103	a	a	DET
cjal-9207	333	104	supermajority	supermajority	NOUN
cjal-9207	333	105	requirement	requirement	NOUN
cjal-9207	333	106	for	for	ADP
cjal-9207	333	107	the	the	DET
cjal-9207	333	108	approval	approval	NOUN
cjal-9207	333	109	of	of	ADP
cjal-9207	333	110	certain	certain	ADJ
cjal-9207	333	111	fundamental	fundamental	ADJ
cjal-9207	333	112	transactions	transaction	NOUN
cjal-9207	333	113	.	.	PUNCT
cjal-9207	334	1	58	58	NUM
cjal-9207	335	1	the	the	DET
cjal-9207	335	2	prc	prc	PROPN
cjal-9207	335	3	company	company	NOUN
cjal-9207	335	4	law	law	NOUN
cjal-9207	335	5	even	even	ADV
cjal-9207	335	6	allows	allow	VERB
cjal-9207	335	7	a	a	DET
cjal-9207	335	8	group	group	NOUN
cjal-9207	335	9	of	of	ADP
cjal-9207	335	10	shareholders	shareholder	NOUN
cjal-9207	335	11	with	with	ADP
cjal-9207	335	12	a	a	DET
cjal-9207	335	13	10	10	NUM
cjal-9207	335	14	percent	percent	NOUN
cjal-9207	335	15	or	or	CCONJ
cjal-9207	335	16	more	more	ADJ
cjal-9207	335	17	equity	equity	NOUN
cjal-9207	335	18	interest	interest	NOUN
cjal-9207	335	19	in	in	ADP
cjal-9207	335	20	the	the	DET
cjal-9207	335	21	firm	firm	NOUN
cjal-9207	335	22	to	to	PART
cjal-9207	335	23	request	request	VERB
cjal-9207	335	24	a	a	DET
cjal-9207	335	25	special	special	ADJ
cjal-9207	335	26	shareholders	shareholder	NOUN
cjal-9207	335	27	'	'	PART
cjal-9207	335	28	meeting	meeting	NOUN
cjal-9207	335	29	,	,	PUNCT
cjal-9207	335	30	and	and	CCONJ
cjal-9207	335	31	enables	enable	VERB
cjal-9207	335	32	shareholders	shareholder	NOUN
cjal-9207	335	33	holding	hold	VERB
cjal-9207	335	34	at	at	ADV
cjal-9207	335	35	least	least	ADV
cjal-9207	335	36	3	3	NUM
cjal-9207	335	37	percent	percent	NOUN
cjal-9207	335	38	of	of	ADP
cjal-9207	335	39	the	the	DET
cjal-9207	335	40	firm	firm	NOUN
cjal-9207	335	41	's	's	PART
cjal-9207	335	42	equity	equity	NOUN
cjal-9207	335	43	to	to	PART
cjal-9207	335	44	submit	submit	VERB
cjal-9207	335	45	shareholder	shareholder	NOUN
cjal-9207	335	46	proposals	proposal	NOUN
cjal-9207	335	47	to	to	ADP
cjal-9207	335	48	the	the	DET
cjal-9207	335	49	board	board	NOUN
cjal-9207	335	50	.	.	PUNCT
cjal-9207	336	1	59	59	NUM
cjal-9207	336	2	the	the	DET
cjal-9207	336	3	formal	formal	ADJ
cjal-9207	336	4	provisions	provision	NOUN
cjal-9207	336	5	above	above	ADP
cjal-9207	336	6	raise	raise	VERB
cjal-9207	336	7	an	an	DET
cjal-9207	336	8	important	important	ADJ
cjal-9207	336	9	question	question	NOUN
cjal-9207	336	10	-	-	PUNCT
cjal-9207	336	11	how	how	SCONJ
cjal-9207	336	12	is	be	AUX
cjal-9207	336	13	it	it	PRON
cjal-9207	336	14	that	that	SCONJ
cjal-9207	336	15	china	china	PROPN
cjal-9207	336	16	's	's	PART
cjal-9207	336	17	national	national	ADJ
cjal-9207	336	18	policymakers	policymaker	NOUN
cjal-9207	336	19	,	,	PUNCT
cjal-9207	336	20	who	who	PRON
cjal-9207	336	21	it	it	PRON
cjal-9207	336	22	is	be	AUX
cjal-9207	336	23	assumed	assume	VERB
cjal-9207	336	24	might	might	AUX
cjal-9207	336	25	wish	wish	VERB
cjal-9207	336	26	to	to	PART
cjal-9207	336	27	maintain	maintain	VERB
cjal-9207	336	28	the	the	DET
cjal-9207	336	29	power	power	NOUN
cjal-9207	336	30	of	of	ADP
cjal-9207	336	31	incumbent	incumbent	ADJ
cjal-9207	336	32	control	control	NOUN
cjal-9207	336	33	parties	party	NOUN
cjal-9207	336	34	and	and	CCONJ
cjal-9207	336	35	the	the	DET
cjal-9207	336	36	relative	relative	ADJ
cjal-9207	336	37	passivity	passivity	NOUN
cjal-9207	336	38	of	of	ADP
cjal-9207	336	39	public	public	ADJ
cjal-9207	336	40	investors	investor	NOUN
cjal-9207	336	41	,	,	PUNCT
cjal-9207	336	42	have	have	AUX
cjal-9207	336	43	adopted	adopt	VERB
cjal-9207	336	44	an	an	DET
cjal-9207	336	45	approach	approach	NOUN
cjal-9207	336	46	in	in	ADP
cjal-9207	336	47	the	the	DET
cjal-9207	336	48	prc	prc	PROPN
cjal-9207	336	49	's	's	PART
cjal-9207	336	50	corporate	corporate	ADJ
cjal-9207	336	51	law	law	NOUN
cjal-9207	336	52	statute	statute	NOUN
cjal-9207	336	53	which	which	PRON
cjal-9207	336	54	seems	seem	VERB
cjal-9207	336	55	to	to	PART
cjal-9207	336	56	empower	empower	VERB
cjal-9207	336	57	public	public	ADJ
cjal-9207	336	58	shareholders	shareholder	NOUN
cjal-9207	336	59	?	?	PUNCT
cjal-9207	337	1	under	under	ADP
cjal-9207	337	2	a	a	DET
cjal-9207	337	3	traditional	traditional	ADJ
cjal-9207	337	4	law	law	NOUN
cjal-9207	337	5	and	and	CCONJ
cjal-9207	337	6	finance	finance	NOUN
cjal-9207	337	7	view	view	NOUN
cjal-9207	337	8	,	,	PUNCT
cjal-9207	337	9	the	the	DET
cjal-9207	337	10	assurance	assurance	NOUN
cjal-9207	337	11	of	of	ADP
cjal-9207	337	12	basic	basic	ADJ
cjal-9207	337	13	economic	economic	ADJ
cjal-9207	337	14	rights	right	NOUN
cjal-9207	337	15	to	to	ADP
cjal-9207	337	16	public	public	ADJ
cjal-9207	337	17	investors	investor	NOUN
cjal-9207	337	18	--	--	PUNCT
cjal-9207	337	19	e	e	X
cjal-9207	337	20	.g	.g	PROPN
cjal-9207	337	21	.	.	PUNCT
cjal-9207	338	1	,	,	PUNCT
cjal-9207	338	2	the	the	DET
cjal-9207	338	3	ability	ability	NOUN
cjal-9207	338	4	to	to	PART
cjal-9207	338	5	enjoy	enjoy	VERB
cjal-9207	338	6	from	from	ADP
cjal-9207	338	7	equity	equity	NOUN
cjal-9207	338	8	appreciation	appreciation	NOUN
cjal-9207	338	9	,	,	PUNCT
cjal-9207	338	10	participation	participation	NOUN
cjal-9207	338	11	in	in	ADP
cjal-9207	338	12	profits	profit	NOUN
cjal-9207	338	13	and	and	CCONJ
cjal-9207	338	14	in	in	ADP
cjal-9207	338	15	the	the	DET
cjal-9207	338	16	firm	firm	NOUN
cjal-9207	338	17	's	's	PART
cjal-9207	338	18	residual	residual	ADJ
cjal-9207	338	19	in	in	ADP
cjal-9207	338	20	liquidation	liquidation	NOUN
cjal-9207	338	21	-	-	PUNCT
cjal-9207	338	22	should	should	AUX
cjal-9207	338	23	presumably	presumably	ADV
cjal-9207	338	24	suffice	suffice	VERB
cjal-9207	338	25	to	to	PART
cjal-9207	338	26	secure	secure	VERB
cjal-9207	338	27	investors	investor	NOUN
cjal-9207	338	28	'	'	PART
cjal-9207	338	29	expectations	expectation	NOUN
cjal-9207	338	30	of	of	ADP
cjal-9207	338	31	returns	return	NOUN
cjal-9207	338	32	on	on	ADP
cjal-9207	338	33	investment	investment	NOUN
cjal-9207	338	34	.	.	PUNCT
cjal-9207	339	1	i	i	PRON
cjal-9207	339	2	believe	believe	VERB
cjal-9207	339	3	there	there	PRON
cjal-9207	339	4	are	be	VERB
cjal-9207	339	5	two	two	NUM
cjal-9207	339	6	related	related	ADJ
cjal-9207	339	7	answers	answer	NOUN
cjal-9207	339	8	as	as	ADP
cjal-9207	339	9	to	to	ADP
cjal-9207	339	10	why	why	SCONJ
cjal-9207	339	11	china	china	PROPN
cjal-9207	339	12	seems	seem	VERB
cjal-9207	339	13	to	to	PART
cjal-9207	339	14	have	have	AUX
cjal-9207	339	15	gone	go	VERB
cjal-9207	339	16	beyond	beyond	ADP
cjal-9207	339	17	the	the	DET
cjal-9207	339	18	assurance	assurance	NOUN
cjal-9207	339	19	of	of	ADP
cjal-9207	339	20	basic	basic	ADJ
cjal-9207	339	21	economic	economic	ADJ
cjal-9207	339	22	rights	right	NOUN
cjal-9207	339	23	for	for	ADP
cjal-9207	339	24	public	public	ADJ
cjal-9207	339	25	investors	investor	NOUN
cjal-9207	339	26	.	.	PUNCT
cjal-9207	340	1	first	first	ADV
cjal-9207	340	2	,	,	PUNCT
cjal-9207	340	3	the	the	DET
cjal-9207	340	4	formal	formal	ADJ
cjal-9207	340	5	participation	participation	NOUN
cjal-9207	340	6	rights	right	NOUN
cjal-9207	340	7	granted	grant	VERB
cjal-9207	340	8	to	to	ADP
cjal-9207	340	9	shareholders	shareholder	NOUN
cjal-9207	340	10	under	under	ADP
cjal-9207	340	11	the	the	DET
cjal-9207	340	12	2006	2006	NUM
cjal-9207	340	13	company	company	NOUN
cjal-9207	340	14	law	law	NOUN
cjal-9207	340	15	are	be	AUX
cjal-9207	340	16	in	in	ADP
cjal-9207	340	17	effect	effect	NOUN
cjal-9207	340	18	rather	rather	ADV
cjal-9207	340	19	narrow	narrow	ADJ
cjal-9207	340	20	and	and	CCONJ
cjal-9207	340	21	do	do	AUX
cjal-9207	340	22	not	not	PART
cjal-9207	340	23	operate	operate	VERB
cjal-9207	340	24	to	to	PART
cjal-9207	340	25	improve	improve	VERB
cjal-9207	340	26	the	the	DET
cjal-9207	340	27	position	position	NOUN
cjal-9207	340	28	of	of	ADP
cjal-9207	340	29	non	non	ADJ
cjal-9207	340	30	-	-	ADJ
cjal-9207	340	31	controlling	controlling	ADJ
cjal-9207	340	32	(	(	PUNCT
cjal-9207	340	33	thus	thus	ADV
cjal-9207	340	34	real	real	ADJ
cjal-9207	340	35	public	public	ADJ
cjal-9207	340	36	,	,	PUNCT
cjal-9207	340	37	or	or	CCONJ
cjal-9207	340	38	minority	minority	NOUN
cjal-9207	340	39	)	)	PUNCT
cjal-9207	340	40	public	public	ADJ
cjal-9207	340	41	shareholders	shareholder	NOUN
cjal-9207	340	42	.	.	PUNCT
cjal-9207	341	1	in	in	ADP
cjal-9207	341	2	my	my	PRON
cjal-9207	341	3	view	view	NOUN
cjal-9207	341	4	,	,	PUNCT
cjal-9207	341	5	the	the	DET
cjal-9207	341	6	"	"	PUNCT
cjal-9207	341	7	shareholder	shareholder	NOUN
cjal-9207	341	8	empowering	empowering	NOUN
cjal-9207	341	9	''	''	PUNCT
cjal-9207	341	10	approach	approach	NOUN
cjal-9207	341	11	(	(	PUNCT
cjal-9207	341	12	a	a	DET
cjal-9207	341	13	rhetorical	rhetorical	ADJ
cjal-9207	341	14	characterization	characterization	NOUN
cjal-9207	341	15	tied	tie	VERB
cjal-9207	341	16	to	to	ADP
cjal-9207	341	17	the	the	DET
cjal-9207	341	18	empowerment	empowerment	NOUN
cjal-9207	341	19	of	of	ADP
cjal-9207	341	20	collective	collective	ADJ
cjal-9207	341	21	action	action	NOUN
cjal-9207	341	22	-	-	PUNCT
cjal-9207	341	23	challenged	challenge	VERB
cjal-9207	341	24	shareholders	shareholder	NOUN
cjal-9207	341	25	in	in	ADP
cjal-9207	341	26	widely	widely	ADV
cjal-9207	341	27	-	-	PUNCT
cjal-9207	341	28	held	hold	VERB
cjal-9207	341	29	firms	firm	NOUN
cjal-9207	341	30	against	against	ADP
cjal-9207	341	31	corporate	corporate	ADJ
cjal-9207	341	32	54	54	NUM
cjal-9207	341	33	2006	2006	NUM
cjal-9207	341	34	company	company	NOUN
cjal-9207	341	35	law	law	NOUN
cjal-9207	341	36	arts	art	NOUN
cjal-9207	341	37	.	.	PUNCT
cjal-9207	342	1	22	22	NUM
cjal-9207	342	2	and	and	CCONJ
cjal-9207	342	3	147	147	NUM
cjal-9207	342	4	-	-	SYM
cjal-9207	342	5	150	150	NUM
cjal-9207	342	6	,	,	PUNCT
cjal-9207	342	7	53(6	53(6	PROPN
cjal-9207	342	8	)	)	PUNCT
cjal-9207	342	9	and	and	CCONJ
cjal-9207	342	10	151	151	NUM
cjal-9207	342	11	,	,	PUNCT
cjal-9207	342	12	152	152	NUM
cjal-9207	342	13	,	,	PUNCT
cjal-9207	342	14	142	142	NUM
cjal-9207	342	15	,	,	PUNCT
cjal-9207	342	16	respectively	respectively	ADV
cjal-9207	342	17	.	.	PUNCT
cjal-9207	343	1	55	55	NUM
cjal-9207	344	1	i	i	PROPN
cjal-9207	344	2	d.	d.	PROPN
cjal-9207	344	3	arts	arts	PROPN
cjal-9207	344	4	.	.	PUNCT
cjal-9207	345	1	20	20	NUM
cjal-9207	345	2	,	,	PUNCT
cjal-9207	345	3	21	21	NUM
cjal-9207	345	4	.	.	X
cjal-9207	346	1	56	56	NUM
cjal-9207	346	2	see	see	VERB
cjal-9207	346	3	i	i	PROPN
cjal-9207	346	4	d.	d.	PROPN
cjal-9207	346	5	arts	arts	PROPN
cjal-9207	346	6	.	.	PUNCT
cjal-9207	347	1	37	37	NUM
cjal-9207	347	2	,	,	PUNCT
cjal-9207	347	3	98	98	NUM
cjal-9207	347	4	,	,	PUNCT
cjal-9207	347	5	99	99	NUM
cjal-9207	347	6	.	.	PUNCT
cjal-9207	348	1	these	these	DET
cjal-9207	348	2	articles	article	NOUN
cjal-9207	348	3	also	also	ADV
cjal-9207	348	4	enable	enable	VERB
cjal-9207	348	5	written	write	VERB
cjal-9207	348	6	consent	consent	NOUN
cjal-9207	348	7	in	in	ADP
cjal-9207	348	8	lieu	lieu	NOUN
cjal-9207	348	9	of	of	ADP
cjal-9207	348	10	convening	convene	VERB
cjal-9207	348	11	an	an	DET
cjal-9207	348	12	actual	actual	ADJ
cjal-9207	348	13	shareholders	shareholder	NOUN
cjal-9207	348	14	'	'	PART
cjal-9207	348	15	meeting	meeting	NOUN
cjal-9207	348	16	,	,	PUNCT
cjal-9207	348	17	reducing	reduce	VERB
cjal-9207	348	18	the	the	DET
cjal-9207	348	19	costs	cost	NOUN
cjal-9207	348	20	of	of	ADP
cjal-9207	348	21	shareholders	shareholder	NOUN
cjal-9207	348	22	'	'	PART
cjal-9207	348	23	participation	participation	NOUN
cjal-9207	348	24	.	.	PUNCT
cjal-9207	349	1	s7	s7	NOUN
cjal-9207	349	2	see	see	VERB
cjal-9207	349	3	i	i	PRON
cjal-9207	349	4	d.	d.	PROPN
cjal-9207	349	5	arts	arts	PROPN
cjal-9207	349	6	.	.	PUNCT
cjal-9207	350	1	37(7)-	37(7)-	NUM
cjal-9207	350	2	(	(	PUNCT
cjal-9207	350	3	10	10	NUM
cjal-9207	350	4	)	)	PUNCT
cjal-9207	350	5	.	.	PUNCT
cjal-9207	351	1	these	these	DET
cjal-9207	351	2	rules	rule	NOUN
cjal-9207	351	3	also	also	ADV
cjal-9207	351	4	apply	apply	VERB
cjal-9207	351	5	to	to	ADP
cjal-9207	351	6	listed	list	VERB
cjal-9207	351	7	companies	company	NOUN
cjal-9207	351	8	.	.	PUNCT
cjal-9207	352	1	i	i	PRON
cjal-9207	352	2	d.	d.	PROPN
cjal-9207	352	3	art	art	PROPN
cjal-9207	352	4	.	.	PUNCT
cjal-9207	353	1	99	99	NUM
cjal-9207	353	2	.	.	X
cjal-9207	353	3	58	58	NUM
cjal-9207	354	1	the	the	DET
cjal-9207	354	2	general	general	ADJ
cjal-9207	354	3	rule	rule	NOUN
cjal-9207	354	4	for	for	ADP
cjal-9207	354	5	s	s	NOUN
cjal-9207	354	6	hareholder	hareholder	ADJ
cjal-9207	354	7	resolution	resolution	NOUN
cjal-9207	354	8	is	be	AUX
cjal-9207	354	9	majority	majority	NOUN
cjal-9207	354	10	vote	vote	NOUN
cjal-9207	354	11	.	.	PUNCT
cjal-9207	355	1	i	i	PRON
cjal-9207	355	2	d.	d.	PROPN
cjal-9207	355	3	art	art	PROPN
cjal-9207	355	4	.	.	PUNCT
cjal-9207	356	1	103	103	NUM
cjal-9207	356	2	.	.	PUNCT
cjal-9207	357	1	yet	yet	ADV
cjal-9207	357	2	,	,	PUNCT
cjal-9207	357	3	some	some	DET
cjal-9207	357	4	business	business	NOUN
cjal-9207	357	5	decisions	decision	NOUN
cjal-9207	357	6	require	require	VERB
cjal-9207	357	7	approval	approval	NOUN
cjal-9207	357	8	by	by	ADP
cjal-9207	357	9	two	two	NUM
cjal-9207	357	10	-	-	PUNCT
cjal-9207	357	11	thirds	third	NOUN
cjal-9207	357	12	of	of	ADP
cjal-9207	357	13	the	the	DET
cjal-9207	357	14	voting	voting	NOUN
cjal-9207	357	15	rights	right	NOUN
cjal-9207	357	16	of	of	ADP
cjal-9207	357	17	the	the	DET
cjal-9207	357	18	shareholders	shareholder	NOUN
cjal-9207	357	19	in	in	ADP
cjal-9207	357	20	presence	presence	NOUN
cjal-9207	357	21	:	:	PUNCT
cjal-9207	357	22	bylaw	bylaw	NOUN
cjal-9207	357	23	amendments	amendment	NOUN
cjal-9207	357	24	,	,	PUNCT
cjal-9207	357	25	changes	change	NOUN
cjal-9207	357	26	in	in	ADP
cjal-9207	357	27	the	the	DET
cjal-9207	357	28	registered	register	VERB
cjal-9207	357	29	capital	capital	NOUN
cjal-9207	357	30	of	of	ADP
cjal-9207	357	31	the	the	DET
cjal-9207	357	32	company	company	NOUN
cjal-9207	357	33	,	,	PUNCT
cjal-9207	357	34	resolutions	resolution	NOUN
cjal-9207	357	35	concerning	concern	VERB
cjal-9207	357	36	merger	merger	NOUN
cjal-9207	357	37	,	,	PUNCT
cjal-9207	357	38	split	split	NOUN
cjal-9207	357	39	-	-	PUNCT
cjal-9207	357	40	up	up	NOUN
cjal-9207	357	41	,	,	PUNCT
cjal-9207	357	42	dissolution	dissolution	NOUN
cjal-9207	357	43	,	,	PUNCT
cjal-9207	357	44	or	or	CCONJ
cjal-9207	357	45	change	change	NOUN
cjal-9207	357	46	of	of	ADP
cjal-9207	357	47	the	the	DET
cjal-9207	357	48	company	company	NOUN
cjal-9207	357	49	form	form	NOUN
cjal-9207	357	50	;	;	PUNCT
cjal-9207	357	51	as	as	ADV
cjal-9207	357	52	well	well	ADV
cjal-9207	357	53	as	as	ADP
cjal-9207	357	54	a	a	DET
cjal-9207	357	55	decision	decision	NOUN
cjal-9207	357	56	to	to	PART
cjal-9207	357	57	purchase	purchase	VERB
cjal-9207	357	58	or	or	CCONJ
cjal-9207	357	59	sell	sell	VERB
cjal-9207	357	60	any	any	DET
cjal-9207	357	61	important	important	ADJ
cjal-9207	357	62	asset	asset	NOUN
cjal-9207	357	63	or	or	CCONJ
cjal-9207	357	64	to	to	PART
cjal-9207	357	65	provide	provide	VERB
cjal-9207	357	66	guaranties	guaranty	NOUN
cjal-9207	357	67	that	that	PRON
cjal-9207	357	68	exceed	exceed	VERB
cjal-9207	357	69	30	30	NUM
cjal-9207	357	70	percent	percent	NOUN
cjal-9207	357	71	of	of	ADP
cjal-9207	357	72	the	the	DET
cjal-9207	357	73	company	company	NOUN
cjal-9207	357	74	's	's	PART
cjal-9207	357	75	total	total	ADJ
cjal-9207	357	76	assets	asset	NOUN
cjal-9207	357	77	within	within	ADP
cjal-9207	357	78	a	a	DET
cjal-9207	357	79	year	year	NOUN
cjal-9207	357	80	.	.	PUNCT
cjal-9207	358	1	i	i	PRON
cjal-9207	358	2	d.	d.	PROPN
cjal-9207	358	3	arts	arts	PROPN
cjal-9207	358	4	.	.	PUNCT
cjal-9207	359	1	103	103	NUM
cjal-9207	359	2	,	,	PUNCT
cjal-9207	359	3	121	121	NUM
cjal-9207	359	4	.	.	PUNCT
cjal-9207	360	1	yet	yet	ADV
cjal-9207	360	2	,	,	PUNCT
cjal-9207	360	3	article	article	NOUN
cjal-9207	360	4	16	16	NUM
cjal-9207	360	5	,	,	PUNCT
cjal-9207	360	6	is	be	AUX
cjal-9207	360	7	the	the	DET
cjal-9207	360	8	only	only	ADJ
cjal-9207	360	9	article	article	NOUN
cjal-9207	360	10	under	under	ADP
cjal-9207	360	11	the	the	DET
cjal-9207	360	12	company	company	NOUN
cjal-9207	360	13	law	law	NOUN
cjal-9207	360	14	that	that	PRON
cjal-9207	360	15	addresses	address	VERB
cjal-9207	360	16	directly	directly	ADV
cjal-9207	360	17	the	the	DET
cjal-9207	360	18	concern	concern	NOUN
cjal-9207	360	19	from	from	ADP
cjal-9207	360	20	ab	ab	PROPN
cjal-9207	360	21	usive	usive	ADJ
cjal-9207	360	22	related	relate	VERB
cjal-9207	360	23	party	party	NOUN
cjal-9207	360	24	transactions	transaction	NOUN
cjal-9207	360	25	,	,	PUNCT
cjal-9207	360	26	by	by	ADP
cjal-9207	360	27	requiring	require	VERB
cjal-9207	360	28	the	the	DET
cjal-9207	360	29	approval	approval	NOUN
cjal-9207	360	30	of	of	ADP
cjal-9207	360	31	the	the	DET
cjal-9207	360	32	majority	majority	NOUN
cjal-9207	360	33	of	of	ADP
cjal-9207	360	34	disinterested	disinterested	ADJ
cjal-9207	360	35	shareholders	shareholder	NOUN
cjal-9207	360	36	for	for	ADP
cjal-9207	360	37	guarantees	guarantee	NOUN
cjal-9207	360	38	given	give	VERB
cjal-9207	360	39	by	by	ADP
cjal-9207	360	40	the	the	DET
cjal-9207	360	41	company	company	NOUN
cjal-9207	360	42	to	to	ADP
cjal-9207	360	43	its	its	PRON
cjal-9207	360	44	controlling	control	VERB
cjal-9207	360	45	shareholder	shareholder	NOUN
cjal-9207	360	46	.	.	PUNCT
cjal-9207	361	1	i	i	PRON
cjal-9207	361	2	d.	d.	PROPN
cjal-9207	361	3	art	art	PROPN
cjal-9207	361	4	.	.	PUNCT
cjal-9207	362	1	16	16	NUM
cjal-9207	362	2	.	.	PUNCT
cjal-9207	363	1	59id	59id	NOUN
cjal-9207	363	2	.	.	PUNCT
cjal-9207	364	1	arts	art	NOUN
cjal-9207	364	2	.	.	PUNCT
cjal-9207	365	1	101	101	NUM
cjal-9207	365	2	,	,	PUNCT
cjal-9207	365	3	102	102	NUM
cjal-9207	365	4	.	.	SYM
cjal-9207	365	5	18	18	NUM
cjal-9207	365	6	columbia	columbia	PROPN
cjal-9207	365	7	journal	journal	PROPN
cjal-9207	365	8	of	of	ADP
cjal-9207	365	9	aslan	aslan	PROPN
cjal-9207	365	10	law	law	PROPN
cjal-9207	366	1	[	[	X
cjal-9207	366	2	vol	vol	NOUN
cjal-9207	366	3	.	.	PUNCT
cjal-9207	367	1	30:1	30:1	NUM
cjal-9207	367	2	managers	manager	NOUN
cjal-9207	367	3	)	)	PUNCT
cjal-9207	367	4	taken	take	VERB
cjal-9207	367	5	in	in	ADP
cjal-9207	367	6	the	the	DET
cjal-9207	367	7	2006	2006	NUM
cjal-9207	367	8	company	company	NOUN
cjal-9207	367	9	law	law	NOUN
cjal-9207	367	10	,	,	PUNCT
cjal-9207	367	11	serves	serve	VERB
cjal-9207	367	12	in	in	ADP
cjal-9207	367	13	effect	effect	NOUN
cjal-9207	367	14	only	only	ADV
cjal-9207	367	15	to	to	PART
cjal-9207	367	16	further	far	ADV
cjal-9207	367	17	empower	empower	VERB
cjal-9207	367	18	the	the	DET
cjal-9207	367	19	party	party	NOUN
cjal-9207	367	20	-	-	PUNCT
cjal-9207	367	21	state	state	NOUN
cjal-9207	367	22	qua	qua	NOUN
cjal-9207	367	23	controlling	control	VERB
cjal-9207	367	24	shareholder	shareholder	NOUN
cjal-9207	367	25	of	of	ADP
cjal-9207	367	26	china	china	PROPN
cjal-9207	367	27	's	's	PART
cjal-9207	367	28	listed	list	VERB
cjal-9207	367	29	firms	firm	NOUN
cjal-9207	367	30	.	.	PUNCT
cjal-9207	368	1	general	general	ADJ
cjal-9207	368	2	"	"	PUNCT
cjal-9207	368	3	shareholder	shareholder	NOUN
cjal-9207	368	4	empowerment	empowerment	NOUN
cjal-9207	368	5	"	"	PUNCT
cjal-9207	368	6	in	in	ADP
cjal-9207	368	7	the	the	DET
cjal-9207	368	8	prc	prc	PROPN
cjal-9207	368	9	circumstance	circumstance	NOUN
cjal-9207	368	10	means	mean	VERB
cjal-9207	368	11	that	that	SCONJ
cjal-9207	368	12	the	the	DET
cjal-9207	368	13	controlling	control	VERB
cjal-9207	368	14	shareholder	shareholder	NOUN
cjal-9207	368	15	will	will	AUX
cjal-9207	368	16	be	be	AUX
cjal-9207	368	17	the	the	DET
cjal-9207	368	18	one	one	NOUN
cjal-9207	368	19	to	to	PART
cjal-9207	368	20	nominate	nominate	VERB
cjal-9207	368	21	and	and	CCONJ
cjal-9207	368	22	elect	elect	VERB
cjal-9207	368	23	the	the	DET
cjal-9207	368	24	subsidiary	subsidiary	NOUN
cjal-9207	368	25	company	company	NOUN
cjal-9207	368	26	's	's	PART
cjal-9207	368	27	board	board	NOUN
cjal-9207	368	28	members	member	NOUN
cjal-9207	368	29	,	,	PUNCT
cjal-9207	368	30	who	who	PRON
cjal-9207	368	31	will	will	AUX
cjal-9207	368	32	in	in	ADP
cjal-9207	368	33	turn	turn	NOUN
cjal-9207	368	34	have	have	VERB
cjal-9207	368	35	singular	singular	ADJ
cjal-9207	368	36	power	power	NOUN
cjal-9207	368	37	to	to	PART
cjal-9207	368	38	appoint	appoint	VERB
cjal-9207	368	39	top	top	ADJ
cjal-9207	368	40	management	management	NOUN
cjal-9207	368	41	.	.	PUNCT
cjal-9207	369	1	thus	thus	ADV
cjal-9207	369	2	,	,	PUNCT
cjal-9207	369	3	the	the	DET
cjal-9207	369	4	controlling	control	VERB
cjal-9207	369	5	shareholder	shareholder	NOUN
cjal-9207	369	6	will	will	AUX
cjal-9207	369	7	continue	continue	VERB
cjal-9207	369	8	to	to	PART
cjal-9207	369	9	govern	govern	VERB
cjal-9207	369	10	the	the	DET
cjal-9207	369	11	firm	firm	NOUN
cjal-9207	369	12	absolutely	absolutely	ADV
cjal-9207	369	13	in	in	ADP
cjal-9207	369	14	a	a	DET
cjal-9207	369	15	myriad	myriad	NOUN
cjal-9207	369	16	of	of	ADP
cjal-9207	369	17	ways	way	NOUN
cjal-9207	369	18	.	.	PUNCT
cjal-9207	370	1	for	for	ADP
cjal-9207	370	2	example	example	NOUN
cjal-9207	370	3	,	,	PUNCT
cjal-9207	370	4	the	the	DET
cjal-9207	370	5	controlling	control	VERB
cjal-9207	370	6	shareholder	shareholder	NOUN
cjal-9207	370	7	's	's	PART
cjal-9207	370	8	appointed	appoint	VERB
cjal-9207	370	9	board	board	NOUN
cjal-9207	370	10	members	member	NOUN
cjal-9207	370	11	will	will	AUX
cjal-9207	370	12	set	set	VERB
cjal-9207	370	13	the	the	DET
cjal-9207	370	14	agenda	agenda	NOUN
cjal-9207	370	15	for	for	ADP
cjal-9207	370	16	shareholder	shareholder	NOUN
cjal-9207	370	17	meetings	meeting	NOUN
cjal-9207	370	18	,	,	PUNCT
cjal-9207	370	19	and	and	CCONJ
cjal-9207	370	20	thereby	thereby	ADV
cjal-9207	370	21	be	be	AUX
cjal-9207	370	22	able	able	ADJ
cjal-9207	370	23	to	to	PART
cjal-9207	370	24	hinder	hinder	VERB
cjal-9207	370	25	any	any	DET
cjal-9207	370	26	shareholder	shareholder	NOUN
cjal-9207	370	27	proposal	proposal	NOUN
cjal-9207	370	28	from	from	ADP
cjal-9207	370	29	a	a	DET
cjal-9207	370	30	3	3	NUM
cjal-9207	370	31	%	%	NOUN
cjal-9207	370	32	percent	percent	NOUN
cjal-9207	370	33	shareholder	shareholder	NOUN
cjal-9207	370	34	authorized	authorize	VERB
cjal-9207	370	35	under	under	ADP
cjal-9207	370	36	the	the	DET
cjal-9207	370	37	2006	2006	NUM
cjal-9207	370	38	company	company	NOUN
cjal-9207	370	39	law	law	NOUN
cjal-9207	370	40	.	.	PUNCT
cjal-9207	371	1	similarly	similarly	ADV
cjal-9207	371	2	,	,	PUNCT
cjal-9207	371	3	since	since	SCONJ
cjal-9207	371	4	voting	vote	VERB
cjal-9207	371	5	participation	participation	NOUN
cjal-9207	371	6	is	be	AUX
cjal-9207	371	7	not	not	PART
cjal-9207	371	8	mandatory	mandatory	ADJ
cjal-9207	371	9	,	,	PUNCT
cjal-9207	371	10	and	and	CCONJ
cjal-9207	371	11	most	most	ADJ
cjal-9207	371	12	chinese	chinese	ADJ
cjal-9207	371	13	legal	legal	ADJ
cjal-9207	371	14	norms	norm	NOUN
cjal-9207	371	15	do	do	AUX
cjal-9207	371	16	not	not	PART
cjal-9207	371	17	call	call	VERB
cjal-9207	371	18	for	for	ADP
cjal-9207	371	19	recusal	recusal	NOUN
cjal-9207	371	20	of	of	ADP
cjal-9207	371	21	controlling	control	VERB
cjal-9207	371	22	shareholder(s	shareholder(s	NOUN
cjal-9207	371	23	)	)	PUNCT
cjal-9207	371	24	,	,	PUNCT
cjal-9207	371	25	any	any	DET
cjal-9207	371	26	mandated	mandate	VERB
cjal-9207	371	27	supermajority	supermajority	NOUN
cjal-9207	371	28	requirement	requirement	NOUN
cjal-9207	371	29	for	for	ADP
cjal-9207	371	30	the	the	DET
cjal-9207	371	31	approval	approval	NOUN
cjal-9207	371	32	of	of	ADP
cjal-9207	371	33	certain	certain	ADJ
cjal-9207	371	34	transactions	transaction	NOUN
cjal-9207	371	35	will	will	AUX
cjal-9207	371	36	usually	usually	ADV
cjal-9207	371	37	be	be	AUX
cjal-9207	371	38	satisfied	satisfy	VERB
cjal-9207	371	39	by	by	ADP
cjal-9207	371	40	the	the	DET
cjal-9207	371	41	controlling	control	VERB
cjal-9207	371	42	shareholder	shareholder	NOUN
cjal-9207	371	43	alone	alone	ADV
cjal-9207	371	44	.	.	PUNCT
cjal-9207	372	1	60	60	NUM
cjal-9207	372	2	in	in	ADP
cjal-9207	372	3	a	a	DET
cjal-9207	372	4	related	related	ADJ
cjal-9207	372	5	fashion	fashion	NOUN
cjal-9207	372	6	,	,	PUNCT
cjal-9207	372	7	the	the	DET
cjal-9207	372	8	admittedly	admittedly	ADV
cjal-9207	372	9	more	more	ADJ
cjal-9207	372	10	"	"	PUNCT
cjal-9207	372	11	enabling	enable	VERB
cjal-9207	372	12	"	"	PUNCT
cjal-9207	372	13	approach	approach	NOUN
cjal-9207	372	14	taken	take	VERB
cjal-9207	372	15	in	in	ADP
cjal-9207	372	16	the	the	DET
cjal-9207	372	17	revised	revised	ADJ
cjal-9207	372	18	2006	2006	NUM
cjal-9207	372	19	company	company	NOUN
cjal-9207	372	20	law	law	NOUN
cjal-9207	372	21	,	,	PUNCT
cjal-9207	372	22	in	in	ADP
cjal-9207	372	23	contrast	contrast	NOUN
cjal-9207	372	24	with	with	ADP
cjal-9207	372	25	a	a	DET
cjal-9207	372	26	mandatory	mandatory	ADJ
cjal-9207	372	27	orientation	orientation	NOUN
cjal-9207	372	28	,	,	PUNCT
cjal-9207	372	29	simply	simply	ADV
cjal-9207	372	30	enables	enable	VERB
cjal-9207	372	31	the	the	DET
cjal-9207	372	32	parties	party	NOUN
cjal-9207	372	33	to	to	PART
cjal-9207	372	34	contract	contract	VERB
cjal-9207	372	35	around	around	ADP
cjal-9207	372	36	the	the	DET
cjal-9207	372	37	default	default	NOUN
cjal-9207	372	38	rules	rule	NOUN
cjal-9207	372	39	(	(	PUNCT
cjal-9207	372	40	which	which	PRON
cjal-9207	372	41	really	really	ADV
cjal-9207	372	42	means	mean	VERB
cjal-9207	372	43	enab	enab	ADJ
cjal-9207	372	44	les	le	NOUN
cjal-9207	372	45	the	the	DET
cjal-9207	372	46	controlling	control	VERB
cjal-9207	372	47	shareholder	shareholder	NOUN
cjal-9207	372	48	to	to	PART
cjal-9207	372	49	contract	contract	VERB
cjal-9207	372	50	into	into	ADP
cjal-9207	372	51	even	even	ADV
cjal-9207	372	52	more	more	ADV
cjal-9207	372	53	robust	robust	ADJ
cjal-9207	372	54	control	control	NOUN
cjal-9207	372	55	)	)	PUNCT
cjal-9207	372	56	.	.	PUNCT
cjal-9207	373	1	61	61	NUM
cjal-9207	373	2	said	say	VERB
cjal-9207	373	3	another	another	DET
cjal-9207	373	4	way	way	NOUN
cjal-9207	373	5	,	,	PUNCT
cjal-9207	373	6	given	give	VERB
cjal-9207	373	7	the	the	DET
cjal-9207	373	8	pyramidal	pyramidal	ADJ
cjal-9207	373	9	holding	hold	VERB
cjal-9207	373	10	structure	structure	NOUN
cjal-9207	373	11	prevalent	prevalent	NOUN
cjal-9207	373	12	for	for	ADP
cjal-9207	373	13	prc	prc	PROPN
cjal-9207	373	14	firms	firm	NOUN
cjal-9207	373	15	and	and	CCONJ
cjal-9207	373	16	the	the	DET
cjal-9207	373	17	almost	almost	ADV
cjal-9207	373	18	non	non	ADJ
cjal-9207	373	19	-	-	ADJ
cjal-9207	373	20	existent	existent	ADJ
cjal-9207	373	21	bargaining	bargaining	NOUN
cjal-9207	373	22	power	power	NOUN
cjal-9207	373	23	of	of	ADP
cjal-9207	373	24	minority	minority	NOUN
cjal-9207	373	25	shareholders	shareholder	NOUN
cjal-9207	373	26	-	-	PUNCT
cjal-9207	373	27	any	any	DET
cjal-9207	373	28	"	"	PUNCT
cjal-9207	373	29	opt	opt	NOUN
cjal-9207	373	30	-in	-in	NOUN
cjal-9207	373	31	"	"	PUNCT
cjal-9207	373	32	governance	governance	NOUN
cjal-9207	373	33	arrangement	arrangement	NOUN
cjal-9207	373	34	that	that	PRON
cjal-9207	373	35	is	be	AUX
cjal-9207	373	36	specifically	specifically	ADV
cjal-9207	373	37	favorable	favorable	ADJ
cjal-9207	373	38	to	to	ADP
cjal-9207	373	39	minority	minority	NOUN
cjal-9207	373	40	shareholders	shareholder	NOUN
cjal-9207	373	41	will	will	AUX
cjal-9207	373	42	not	not	PART
cjal-9207	373	43	be	be	AUX
cjal-9207	373	44	adopted.6	adopted.6	PROPN
cjal-9207	373	45	2	2	NUM
cjal-9207	373	46	thus	thus	ADV
cjal-9207	373	47	,	,	PUNCT
cjal-9207	373	48	as	as	SCONJ
cjal-9207	373	49	observed	observe	VERB
cjal-9207	373	50	with	with	ADP
cjal-9207	373	51	respect	respect	NOUN
cjal-9207	373	52	to	to	ADP
cjal-9207	373	53	france	france	PROPN
cjal-9207	373	54	,	,	PUNCT
cjal-9207	373	55	"	"	PUNCT
cjal-9207	373	56	a	a	DET
cjal-9207	373	57	n	n	CCONJ
cjal-9207	373	58	interventionist	interventionist	ADJ
cjal-9207	373	59	state	state	NOUN
cjal-9207	373	60	,	,	PUNCT
cjal-9207	373	61	concentrated	concentrated	ADJ
cjal-9207	373	62	ownership	ownership	NOUN
cjal-9207	373	63	,	,	PUNCT
cjal-9207	373	64	and	and	CCONJ
cjal-9207	373	65	shareholder	shareholder	NOUN
cjal-9207	373	66	-	-	PUNCT
cjal-9207	373	67	friendly	friendly	ADJ
cjal-9207	373	68	law	law	NOUN
cjal-9207	373	69	may	may	AUX
cjal-9207	373	70	be	be	AUX
cjal-9207	373	71	mutually	mutually	ADV
cjal-9207	373	72	reinforcing	reinforce	VERB
cjal-9207	373	73	,	,	PUNCT
cjal-9207	373	74	especially	especially	ADV
cjal-9207	373	75	when	when	SCONJ
cjal-9207	373	76	the	the	DET
cjal-9207	373	77	state	state	NOUN
cjal-9207	373	78	holds	hold	VERB
cjal-9207	373	79	large	large	ADJ
cjal-9207	373	80	blocks	block	NOUN
cjal-9207	373	81	of	of	ADP
cjal-9207	373	82	stock	stock	NOUN
cjal-9207	373	83	in	in	ADP
cjal-9207	373	84	its	its	PRON
cjal-9207	373	85	own	own	ADJ
cjal-9207	373	86	right	right	NOUN
cjal-9207	373	87	.	.	PUNCT
cjal-9207	373	88	"	"	PUNCT
cjal-9207	374	1	63	63	NUM
cjal-9207	374	2	furthermore	furthermore	ADV
cjal-9207	374	3	-	-	PUNCT
cjal-9207	374	4	and	and	CCONJ
cjal-9207	374	5	lest	lest	SCONJ
cjal-9207	374	6	anyone	anyone	PRON
cjal-9207	374	7	think	think	VERB
cjal-9207	374	8	that	that	SCONJ
cjal-9207	374	9	whatever	whatever	PRON
cjal-9207	374	10	minority	minority	NOUN
cjal-9207	374	11	shareholder	shareholder	NOUN
cjal-9207	374	12	protections	protection	NOUN
cjal-9207	374	13	on	on	ADP
cjal-9207	374	14	offer	offer	NOUN
cjal-9207	374	15	(	(	PUNCT
cjal-9207	374	16	whether	whether	SCONJ
cjal-9207	374	17	mandatory	mandatory	ADJ
cjal-9207	374	18	,	,	PUNCT
cjal-9207	374	19	or	or	CCONJ
cjal-9207	374	20	contracted	contract	VERB
cjal-9207	374	21	-into	-into	NOUN
cjal-9207	374	22	)	)	PUNCT
cjal-9207	374	23	can	can	AUX
cjal-9207	374	24	or	or	CCONJ
cjal-9207	374	25	will	will	AUX
cjal-9207	374	26	be	be	AUX
cjal-9207	374	27	enforced	enforce	VERB
cjal-9207	374	28	-	-	PUNCT
cjal-9207	374	29	the	the	DET
cjal-9207	374	30	relative	relative	ADJ
cjal-9207	374	31	lack	lack	NOUN
cjal-9207	374	32	of	of	ADP
cjal-9207	374	33	technical	technical	ADJ
cjal-9207	374	34	competence	competence	NOUN
cjal-9207	374	35	,	,	PUNCT
cjal-9207	374	36	decisional	decisional	ADJ
cjal-9207	374	37	autonomy	autonomy	NOUN
cjal-9207	374	38	and	and	CCONJ
cjal-9207	374	39	political	political	ADJ
cjal-9207	374	40	independence	independence	NOUN
cjal-9207	374	41	commonly	commonly	ADV
cjal-9207	374	42	thought	think	VERB
cjal-9207	374	43	to	to	PART
cjal-9207	374	44	characterize	characterize	VERB
cjal-9207	374	45	the	the	DET
cjal-9207	374	46	chinese	chinese	ADJ
cjal-9207	374	47	judiciary	judiciary	NOUN
cjal-9207	374	48	raises	raise	VERB
cjal-9207	374	49	skepticism	skepticism	NOUN
cjal-9207	374	50	for	for	ADP
cjal-9207	374	51	the	the	DET
cjal-9207	374	52	ability	ability	NOUN
cjal-9207	374	53	of	of	ADP
cjal-9207	374	54	noncontrolling	noncontrolle	VERB
cjal-9207	374	55	public	public	ADJ
cjal-9207	374	56	shareholders	shareholder	NOUN
cjal-9207	374	57	to	to	PART
cjal-9207	374	58	secure	secure	VERB
cjal-9207	374	59	such	such	ADJ
cjal-9207	374	60	rights	right	NOUN
cjal-9207	374	61	.	.	PUNCT
cjal-9207	375	1	for	for	ADP
cjal-9207	375	2	example	example	NOUN
cjal-9207	375	3	,	,	PUNCT
cjal-9207	375	4	professors	professors	PROPN
cjal-9207	375	5	clarke	clarke	PROPN
cjal-9207	375	6	and	and	CCONJ
cjal-9207	375	7	howson	howson	PROPN
cjal-9207	375	8	have	have	AUX
cjal-9207	375	9	shown	show	VERB
cjal-9207	375	10	that	that	SCONJ
cjal-9207	375	11	derivative	derivative	ADJ
cjal-9207	375	12	lawsuits	lawsuit	NOUN
cjal-9207	375	13	involving	involve	VERB
cjal-9207	375	14	listed	list	VERB
cjal-9207	375	15	prc	prc	PROPN
cjal-9207	375	16	companies	company	NOUN
cjal-9207	375	17	are	be	AUX
cjal-9207	375	18	almost	almost	ADV
cjal-9207	375	19	completely	completely	ADV
cjal-9207	375	20	absent	absent	ADJ
cjal-9207	375	21	from	from	ADP
cjal-9207	375	22	the	the	DET
cjal-9207	375	23	prc	prc	PROPN
cjal-9207	375	24	people	people	NOUN
cjal-9207	375	25	's	's	PART
cjal-9207	375	26	courts	court	NOUN
cjal-9207	375	27	.	.	PUNCT
cjal-9207	376	1	they	they	PRON
cjal-9207	376	2	attribute	attribute	VERB
cjal-9207	376	3	this	this	PRON
cjal-9207	376	4	to	to	ADP
cjal-9207	376	5	the	the	DET
cjal-9207	376	6	fact	fact	NOUN
cjal-9207	376	7	that	that	SCONJ
cjal-9207	376	8	publicl	publicl	PROPN
cjal-9207	376	9	y	y	PROPN
cjal-9207	376	10	-	-	PUNCT
cjal-9207	376	11	listed	list	VERB
cjal-9207	376	12	60	60	NUM
cjal-9207	376	13	article	article	NOUN
cjal-9207	376	14	16	16	NUM
cjal-9207	376	15	of	of	ADP
cjal-9207	376	16	the	the	DET
cjal-9207	376	17	2006	2006	NUM
cjal-9207	376	18	company	company	NOUN
cjal-9207	376	19	law	law	NOUN
cjal-9207	376	20	which	which	PRON
cjal-9207	376	21	specifically	specifically	ADV
cjal-9207	376	22	requires	require	VERB
cjal-9207	376	23	the	the	DET
cjal-9207	376	24	approval	approval	NOUN
cjal-9207	376	25	of	of	ADP
cjal-9207	376	26	disinterested	disinterested	ADJ
cjal-9207	376	27	,	,	PUNCT
cjal-9207	376	28	thereby	thereby	ADV
cjal-9207	376	29	usually	usually	ADV
cjal-9207	376	30	the	the	DET
cjal-9207	376	31	non	non	ADJ
cjal-9207	376	32	-	-	ADJ
cjal-9207	376	33	controlling	controlling	ADJ
cjal-9207	376	34	,	,	PUNCT
cjal-9207	376	35	shareholders	shareholder	NOUN
cjal-9207	376	36	,	,	PUNCT
cjal-9207	376	37	is	be	AUX
cjal-9207	376	38	a	a	DET
cjal-9207	376	39	unique	unique	ADJ
cjal-9207	376	40	exception	exception	NOUN
cjal-9207	376	41	where	where	SCONJ
cjal-9207	376	42	the	the	DET
cjal-9207	376	43	minority	minority	NOUN
cjal-9207	376	44	is	be	AUX
cjal-9207	376	45	granted	grant	VERB
cjal-9207	376	46	a	a	DET
cjal-9207	376	47	de	de	ADJ
cjal-9207	376	48	-	-	ADJ
cjal-9207	376	49	facto	facto	ADJ
cjal-9207	376	50	negative	negative	ADJ
cjal-9207	376	51	veto	veto	NOUN
cjal-9207	376	52	.	.	PUNCT
cjal-9207	377	1	i	i	PRON
cjal-9207	377	2	d.	d.	PROPN
cjal-9207	377	3	art	art	PROPN
cjal-9207	377	4	.	.	PUNCT
cjal-9207	378	1	16	16	NUM
cjal-9207	378	2	.	.	X
cjal-9207	379	1	61	61	NUM
cjal-9207	379	2	howson	howson	PROPN
cjal-9207	379	3	,	,	PUNCT
cjal-9207	379	4	supra	supra	PROPN
cjal-9207	379	5	note	note	PROPN
cjal-9207	379	6	36	36	NUM
cjal-9207	379	7	,	,	PUNCT
cjal-9207	379	8	at	at	ADP
cjal-9207	379	9	698	698	NUM
cjal-9207	379	10	,	,	PUNCT
cjal-9207	379	11	701	701	NUM
cjal-9207	379	12	-	-	SYM
cjal-9207	379	13	07	07	NUM
cjal-9207	379	14	.	.	PUNCT
cjal-9207	380	1	62	62	NUM
cjal-9207	380	2	see	see	VERB
cjal-9207	380	3	,	,	PUNCT
cjal-9207	380	4	e.g.	e.g.	ADV
cjal-9207	380	5	,	,	PUNCT
cjal-9207	380	6	2006	2006	NUM
cjal-9207	380	7	company	company	NOUN
cjal-9207	380	8	law	law	NOUN
cjal-9207	380	9	,	,	PUNCT
cjal-9207	380	10	supra	supra	PROPN
cjal-9207	380	11	note	note	PROPN
cjal-9207	380	12	18	18	NUM
cjal-9207	380	13	,	,	PUNCT
cjal-9207	380	14	art	art	NOUN
cjal-9207	380	15	.	.	PUNCT
cjal-9207	381	1	105	105	NUM
cjal-9207	381	2	(	(	PUNCT
cjal-9207	381	3	"	"	PUNCT
cjal-9207	381	4	a	a	DET
cjal-9207	381	5	shareholders	shareholder	NOUN
cjal-9207	381	6	'	'	PART
cjal-9207	381	7	assembly	assembly	NOUN
cjal-9207	381	8	may	may	AUX
cjal-9207	381	9	adopt	adopt	VERB
cjal-9207	381	10	a	a	DET
cjal-9207	381	11	cumulative	cumulative	ADJ
cjal-9207	381	12	voting	voting	NOUN
cjal-9207	381	13	system	system	NOUN
cjal-9207	381	14	to	to	PART
cjal-9207	381	15	elect	elect	VERB
cjal-9207	381	16	the	the	DET
cjal-9207	381	17	directors	director	NOUN
cjal-9207	381	18	or	or	CCONJ
cjal-9207	381	19	supervisors	supervisor	NOUN
cjal-9207	381	20	according	accord	VERB
cjal-9207	381	21	to	to	ADP
cjal-9207	381	22	the	the	DET
cjal-9207	381	23	bylaw	bylaw	NOUN
cjal-9207	381	24	or	or	CCONJ
cjal-9207	381	25	its	its	PRON
cjal-9207	381	26	resolutions	resolution	NOUN
cjal-9207	381	27	.	.	PUNCT
cjal-9207	381	28	"	"	PUNCT
cjal-9207	381	29	)	)	PUNCT
cjal-9207	382	1	(	(	PUNCT
cjal-9207	382	2	emphasis	emphasis	NOUN
cjal-9207	382	3	added	add	VERB
cjal-9207	382	4	)	)	PUNCT
cjal-9207	382	5	.	.	PUNCT
cjal-9207	383	1	63	63	NUM
cjal-9207	383	2	luca	luca	PROPN
cjal-9207	383	3	enriques	enrique	NOUN
cjal-9207	383	4	et	et	PROPN
cjal-9207	383	5	al	al	PROPN
cjal-9207	383	6	.	.	PROPN
cjal-9207	383	7	,	,	PUNCT
cjal-9207	383	8	the	the	DET
cjal-9207	383	9	basic	basic	ADJ
cjal-9207	383	10	goi	goi	NOUN
cjal-9207	383	11	:	:	PUNCT
cjal-9207	383	12	ernance	ernance	NOUN
cjal-9207	383	13	structure	structure	NOUN
cjal-9207	383	14	:	:	PUNCT
cjal-9207	383	15	the	the	DET
cjal-9207	383	16	interests	interest	NOUN
cjal-9207	383	17	of	of	ADP
cjal-9207	383	18	shareholders	shareholder	NOUN
cjal-9207	383	19	as	as	ADP
cjal-9207	383	20	a	a	DET
cjal-9207	383	21	class	class	NOUN
cjal-9207	383	22	,	,	PUNCT
cjal-9207	383	23	in	in	ADP
cjal-9207	383	24	the	the	DET
cjal-9207	383	25	anatomy	anatomy	NOUN
cjal-9207	383	26	of	of	ADP
cjal-9207	383	27	corporate	corporate	ADJ
cjal-9207	383	28	law	law	NOUN
cjal-9207	383	29	:	:	PUNCT
cjal-9207	383	30	a	a	DET
cjal-9207	383	31	comparative	comparative	ADJ
cjal-9207	383	32	and	and	CCONJ
cjal-9207	383	33	functional	functional	ADJ
cjal-9207	383	34	approach	approach	NOUN
cjal-9207	383	35	55	55	NUM
cjal-9207	383	36	,	,	PUNCT
cjal-9207	383	37	85	85	NUM
cjal-9207	383	38	(	(	PUNCT
cjal-9207	383	39	reiriier	reiriier	NOUN
cjal-9207	383	40	h.	h.	PROPN
cjal-9207	383	41	kraakman	kraakman	PROPN
cjal-9207	383	42	et	et	PROPN
cjal-9207	383	43	al	al	PROPN
cjal-9207	383	44	.	.	PUNCT
cjal-9207	383	45	eds	eds	PROPN
cjal-9207	383	46	.	.	PROPN
cjal-9207	383	47	,	,	PUNCT
cjal-9207	383	48	2nd	2nd	ADJ
cjal-9207	383	49	ed	ed	NOUN
cjal-9207	383	50	.	.	PROPN
cjal-9207	383	51	,	,	PUNCT
cjal-9207	383	52	2009	2009	NUM
cjal-9207	383	53	)	)	PUNCT
cjal-9207	383	54	.	.	PUNCT
cjal-9207	384	1	as	as	SCONJ
cjal-9207	384	2	pointed	point	VERB
cjal-9207	384	3	later	later	ADV
cjal-9207	384	4	in	in	ADP
cjal-9207	384	5	this	this	DET
cjal-9207	384	6	article	article	NOUN
cjal-9207	384	7	,	,	PUNCT
cjal-9207	384	8	the	the	DET
cjal-9207	384	9	role	role	NOUN
cjal-9207	384	10	of	of	ADP
cjal-9207	384	11	the	the	DET
cjal-9207	384	12	french	french	ADJ
cjal-9207	384	13	state	state	NOUN
cjal-9207	384	14	in	in	ADP
cjal-9207	384	15	the	the	DET
cjal-9207	384	16	development	development	NOUN
cjal-9207	384	17	of	of	ADP
cjal-9207	384	18	its	its	PRON
cjal-9207	384	19	corporate	corporate	ADJ
cjal-9207	384	20	environment	environment	NOUN
cjal-9207	384	21	presents	present	VERB
cjal-9207	384	22	an	an	DET
cjal-9207	384	23	interesting	interesting	ADJ
cjal-9207	384	24	comparison	comparison	NOUN
cjal-9207	384	25	with	with	ADP
cjal-9207	384	26	the	the	DET
cjal-9207	384	27	chinese	chinese	ADJ
cjal-9207	384	28	system	system	NOUN
cjal-9207	384	29	.	.	PUNCT
cjal-9207	385	1	see	see	VERB
cjal-9207	385	2	part	part	NOUN
cjal-9207	385	3	il.a4	il.a4	NOUN
cjal-9207	385	4	,	,	PUNCT
cjal-9207	385	5	infra	infra	NOUN
cjal-9207	385	6	.	.	PUNCT
cjal-9207	386	1	2016	2016	NUM
cjal-9207	386	2	]	]	PUNCT
cjal-9207	386	3	minority	minority	NOUN
cjal-9207	386	4	public	public	ADJ
cjal-9207	386	5	shareholders	shareholder	NOUN
cjal-9207	386	6	in	in	ADP
cjal-9207	386	7	china	china	PROPN
cjal-9207	386	8	19	19	NUM
cjal-9207	386	9	company	company	NOUN
cjal-9207	386	10	cases	case	NOUN
cjal-9207	386	11	involve	involve	VERB
cjal-9207	386	12	large	large	ADJ
cjal-9207	386	13	plaintiff	plaintiff	NOUN
cjal-9207	386	14	groups	group	NOUN
cjal-9207	386	15	who	who	PRON
cjal-9207	386	16	actually	actually	ADV
cjal-9207	386	17	seek	seek	VERB
cjal-9207	386	18	the	the	DET
cjal-9207	386	19	accountability	accountability	NOUN
cjal-9207	386	20	of	of	ADP
cjal-9207	386	21	party	party	NOUN
cjal-9207	386	22	-	-	PUNCT
cjal-9207	386	23	state	state	NOUN
cjal-9207	386	24	actors	actor	NOUN
cjal-9207	386	25	and	and	CCONJ
cjal-9207	386	26	institutions	institution	NOUN
cjal-9207	386	27	,	,	PUNCT
cjal-9207	386	28	and	and	CCONJ
cjal-9207	386	29	thus	thus	ADV
cjal-9207	386	30	may	may	AUX
cjal-9207	386	31	affect	affect	VERB
cjal-9207	386	32	"	"	PUNCT
cjal-9207	386	33	social	social	ADJ
cjal-9207	386	34	stability	stability	NOUN
cjal-9207	386	35	"	"	PUNCT
cjal-9207	386	36	in	in	ADP
cjal-9207	386	37	a	a	DET
cjal-9207	386	38	politically	politically	ADV
cjal-9207	386	39	related	relate	VERB
cjal-9207	386	40	context	context	NOUN
cjal-9207	386	41	,	,	PUNCT
cjal-9207	386	42	discouraging	discourage	VERB
cjal-9207	386	43	or	or	CCONJ
cjal-9207	386	44	prohibiting	prohibit	VERB
cjal-9207	386	45	court	court	NOUN
cjal-9207	386	46	involvement	involvement	NOUN
cjal-9207	386	47	.	.	PUNCT
cjal-9207	387	1	64	64	NUM
cjal-9207	387	2	hence	hence	ADV
cjal-9207	387	3	,	,	PUNCT
cjal-9207	387	4	the	the	DET
cjal-9207	387	5	relative	relative	ADJ
cjal-9207	387	6	weakness	weakness	NOUN
cjal-9207	387	7	of	of	ADP
cjal-9207	387	8	the	the	DET
cjal-9207	387	9	courts	court	NOUN
cjal-9207	387	10	and	and	CCONJ
cjal-9207	387	11	other	other	ADJ
cjal-9207	387	12	institutions	institution	NOUN
cjal-9207	387	13	and	and	CCONJ
cjal-9207	387	14	their	their	PRON
cjal-9207	387	15	pronounced	pronounced	ADJ
cjal-9207	387	16	reluctance	reluctance	NOUN
cjal-9207	387	17	to	to	PART
cjal-9207	387	18	adjudicate	adjudicate	VERB
cjal-9207	387	19	or	or	CCONJ
cjal-9207	387	20	enforce	enforce	VERB
cjal-9207	387	21	in	in	ADP
cjal-9207	387	22	such	such	ADJ
cjal-9207	387	23	cases	case	NOUN
cjal-9207	387	24	,	,	PUNCT
cjal-9207	387	25	curtails	curtail	VERB
cjal-9207	387	26	the	the	DET
cjal-9207	387	27	system	system	NOUN
cjal-9207	387	28	's	's	PART
cjal-9207	387	29	ability	ability	NOUN
cjal-9207	387	30	to	to	PART
cjal-9207	387	31	restrain	restrain	VERB
cjal-9207	387	32	controlling	control	VERB
cjal-9207	387	33	shareholders	shareholder	NOUN
cjal-9207	387	34	or	or	CCONJ
cjal-9207	387	35	hold	hold	VERB
cjal-9207	387	36	them	they	PRON
cjal-9207	387	37	accountable	accountable	ADJ
cjal-9207	387	38	ex	ex	PRON
cjal-9207	387	39	post	post	NOUN
cjal-9207	387	40	as	as	ADV
cjal-9207	387	41	well	well	ADV
cjal-9207	387	42	.	.	PUNCT
cjal-9207	388	1	my	my	PRON
cjal-9207	388	2	second	second	ADJ
cjal-9207	388	3	answer	answer	NOUN
cjal-9207	388	4	to	to	ADP
cjal-9207	388	5	the	the	DET
cjal-9207	388	6	fundamental	fundamental	ADJ
cjal-9207	388	7	question	question	NOUN
cjal-9207	388	8	posed	pose	VERB
cjal-9207	388	9	above	above	ADV
cjal-9207	388	10	is	be	AUX
cjal-9207	388	11	this	this	PRON
cjal-9207	388	12	:	:	PUNCT
cjal-9207	388	13	i	i	PRON
cjal-9207	388	14	argue	argue	VERB
cjal-9207	388	15	that	that	SCONJ
cjal-9207	388	16	the	the	DET
cjal-9207	388	17	expectations	expectation	NOUN
cjal-9207	388	18	of	of	ADP
cjal-9207	388	19	foreign	foreign	ADJ
cjal-9207	388	20	and	and	CCONJ
cjal-9207	388	21	prc	prc	PROPN
cjal-9207	388	22	domestic	domestic	ADJ
cjal-9207	388	23	investors	investor	NOUN
cjal-9207	388	24	alike	alike	ADV
cjal-9207	388	25	are	be	AUX
cjal-9207	388	26	shifting	shift	VERB
cjal-9207	388	27	,	,	PUNCT
cjal-9207	388	28	and	and	CCONJ
cjal-9207	388	29	no	no	ADV
cjal-9207	388	30	longer	long	ADV
cjal-9207	388	31	focus	focus	VERB
cjal-9207	388	32	solely	solely	ADV
cjal-9207	388	33	on	on	ADP
cjal-9207	388	34	the	the	DET
cjal-9207	388	35	guaranty	guaranty	NOUN
cjal-9207	388	36	of	of	ADP
cjal-9207	388	37	basic	basic	ADJ
cjal-9207	388	38	economic	economic	ADJ
cjal-9207	388	39	rights	right	NOUN
cjal-9207	388	40	,	,	PUNCT
cjal-9207	388	41	but	but	CCONJ
cjal-9207	388	42	now	now	ADV
cjal-9207	388	43	increasingly	increasingly	ADV
cjal-9207	388	44	value	value	VERB
cjal-9207	388	45	governance	governance	NOUN
cjal-9207	388	46	participation	participation	NOUN
cjal-9207	388	47	in	in	ADP
cjal-9207	388	48	and	and	CCONJ
cjal-9207	388	49	of	of	ADP
cjal-9207	388	50	itself	itself	PRON
cjal-9207	388	51	.	.	PUNCT
cjal-9207	389	1	i	i	PRON
cjal-9207	389	2	believe	believe	VERB
cjal-9207	389	3	that	that	SCONJ
cjal-9207	389	4	the	the	DET
cjal-9207	389	5	chinese	chinese	ADJ
cjal-9207	389	6	legislator	legislator	NOUN
cjal-9207	389	7	and	and	CCONJ
cjal-9207	389	8	especially	especially	ADV
cjal-9207	389	9	china	china	PROPN
cjal-9207	389	10	's	's	PART
cjal-9207	389	11	capital	capital	NOUN
cjal-9207	389	12	markets	market	NOUN
cjal-9207	389	13	'	'	PART
cjal-9207	389	14	regulator	regulator	NOUN
cjal-9207	389	15	-	-	PUNCT
cjal-9207	389	16	the	the	DET
cjal-9207	389	17	csrc	csrc	NOUN
cjal-9207	389	18	-	-	PUNCT
cjal-9207	389	19	is	be	AUX
cjal-9207	389	20	increasingly	increasingly	ADV
cjal-9207	389	21	intent	intent	ADJ
cjal-9207	389	22	on	on	ADP
cjal-9207	389	23	responding	respond	VERB
cjal-9207	389	24	to	to	ADP
cjal-9207	389	25	these	these	DET
cjal-9207	389	26	broad	broad	ADJ
cjal-9207	389	27	investors	investor	NOUN
cjal-9207	389	28	'	'	PART
cjal-9207	389	29	expectations	expectation	NOUN
cjal-9207	389	30	so	so	SCONJ
cjal-9207	389	31	as	as	SCONJ
cjal-9207	389	32	to	to	PART
cjal-9207	389	33	encourage	encourage	VERB
cjal-9207	389	34	capital	capital	NOUN
cjal-9207	389	35	investment	investment	NOUN
cjal-9207	389	36	flow	flow	NOUN
cjal-9207	389	37	.	.	PUNCT
cjal-9207	390	1	this	this	DET
cjal-9207	390	2	view	view	NOUN
cjal-9207	390	3	coincides	coincide	VERB
cjal-9207	390	4	with	with	ADP
cjal-9207	390	5	a	a	DET
cjal-9207	390	6	general	general	ADJ
cjal-9207	390	7	shift	shift	NOUN
cjal-9207	390	8	i	i	PRON
cjal-9207	390	9	identify	identify	VERB
cjal-9207	390	10	in	in	ADP
cjal-9207	390	11	global	global	ADJ
cjal-9207	390	12	markets	market	NOUN
cjal-9207	390	13	,	,	PUNCT
cjal-9207	390	14	whereby	whereby	ADV
cjal-9207	390	15	,	,	PUNCT
cjal-9207	390	16	even	even	ADV
cjal-9207	390	17	in	in	ADP
cjal-9207	390	18	concentrated	concentrated	ADJ
cjal-9207	390	19	markets	market	NOUN
cjal-9207	390	20	,	,	PUNCT
cjal-9207	390	21	opportunities	opportunity	NOUN
cjal-9207	390	22	for	for	ADP
cjal-9207	390	23	participation	participation	NOUN
cjal-9207	390	24	by	by	ADP
cjal-9207	390	25	minority	minority	NOUN
cjal-9207	390	26	public	public	ADJ
cjal-9207	390	27	shareholders	shareholder	NOUN
cjal-9207	390	28	are	be	AUX
cjal-9207	390	29	growing	grow	VERB
cjal-9207	390	30	and	and	CCONJ
cjal-9207	390	31	increasingly	increasingly	ADV
cjal-9207	390	32	regarded	regard	VERB
cjal-9207	390	33	as	as	ADP
cjal-9207	390	34	essential	essential	ADJ
cjal-9207	390	35	by	by	ADP
cjal-9207	390	36	national	national	ADJ
cjal-9207	390	37	market	market	NOUN
cjal-9207	390	38	regulators	regulator	NOUN
cjal-9207	390	39	for	for	ADP
cjal-9207	390	40	the	the	DET
cjal-9207	390	41	development	development	NOUN
cjal-9207	390	42	of	of	ADP
cjal-9207	390	43	vibrant	vibrant	ADJ
cjal-9207	390	44	capital	capital	NOUN
cjal-9207	390	45	markets.65	markets.65	PROPN
cjal-9207	390	46	how	how	SCONJ
cjal-9207	390	47	do	do	VERB
cjal-9207	390	48	these	these	DET
cjal-9207	390	49	perhaps	perhaps	ADV
cjal-9207	390	50	contradictory	contradictory	ADJ
cjal-9207	390	51	insights	insight	NOUN
cjal-9207	390	52	-	-	PUNCT
cjal-9207	390	53	enhanced	enhance	VERB
cjal-9207	390	54	powers	power	NOUN
cjal-9207	390	55	for	for	ADP
cjal-9207	390	56	control	control	NOUN
cjal-9207	390	57	parties	party	NOUN
cjal-9207	390	58	in	in	ADP
cjal-9207	390	59	the	the	DET
cjal-9207	390	60	chinese	chinese	ADJ
cjal-9207	390	61	scheme	scheme	NOUN
cjal-9207	390	62	under	under	ADP
cjal-9207	390	63	the	the	DET
cjal-9207	390	64	benign	benign	ADJ
cjal-9207	390	65	slogans	slogan	NOUN
cjal-9207	390	66	of	of	ADP
cjal-9207	390	67	"	"	PUNCT
cjal-9207	390	68	shareholder	shareholder	NOUN
cjal-9207	390	69	-	-	PUNCT
cjal-9207	390	70	empowering	empowering	NOUN
cjal-9207	390	71	''	''	PUNCT
cjal-9207	390	72	and	and	CCONJ
cjal-9207	390	73	"	"	PUNCT
cjal-9207	390	74	enabling	enable	VERB
cjal-9207	390	75	"	"	PUNCT
cjal-9207	390	76	corporate	corporate	ADJ
cjal-9207	390	77	laws	law	NOUN
cjal-9207	390	78	vs.	vs.	ADP
cjal-9207	390	79	expectations	expectation	NOUN
cjal-9207	390	80	from	from	ADP
cjal-9207	390	81	the	the	DET
cjal-9207	390	82	investor	investor	NOUN
cjal-9207	390	83	side	side	NOUN
cjal-9207	390	84	that	that	PRON
cjal-9207	390	85	go	go	VERB
cjal-9207	390	86	beyond	beyond	ADP
cjal-9207	390	87	the	the	DET
cjal-9207	390	88	protection	protection	NOUN
cjal-9207	390	89	of	of	ADP
cjal-9207	390	90	basic	basic	ADJ
cjal-9207	390	91	economic	economic	ADJ
cjal-9207	390	92	rights	right	NOUN
cjal-9207	390	93	-	-	PUNCT
cjal-9207	390	94	work	work	NOUN
cjal-9207	390	95	together	together	ADV
cjal-9207	390	96	?	?	PUNCT
cjal-9207	391	1	my	my	PRON
cjal-9207	391	2	view	view	NOUN
cjal-9207	391	3	is	be	AUX
cjal-9207	391	4	that	that	SCONJ
cjal-9207	391	5	the	the	DET
cjal-9207	391	6	limited	limited	ADJ
cjal-9207	391	7	protections	protection	NOUN
cjal-9207	391	8	and/or	and/or	CCONJ
cjal-9207	391	9	governance	governance	NOUN
cjal-9207	391	10	participation	participation	NOUN
cjal-9207	391	11	rights	right	NOUN
cjal-9207	391	12	granted	grant	VERB
cjal-9207	391	13	to	to	ADP
cjal-9207	391	14	minority	minority	NOUN
cjal-9207	391	15	public	public	ADJ
cjal-9207	391	16	shareholders	shareholder	NOUN
cjal-9207	391	17	under	under	ADP
cjal-9207	391	18	the	the	DET
cjal-9207	391	19	company	company	NOUN
cjal-9207	391	20	law	law	NOUN
cjal-9207	391	21	,	,	PUNCT
cjal-9207	391	22	coupled	couple	VERB
cjal-9207	391	23	with	with	ADP
cjal-9207	391	24	the	the	DET
cjal-9207	391	25	inadequacy	inadequacy	NOUN
cjal-9207	391	26	of	of	ADP
cjal-9207	391	27	ex	ex	ADJ
cjal-9207	391	28	post	post	NOUN
cjal-9207	391	29	enforcement	enforcement	NOUN
cjal-9207	391	30	,	,	PUNCT
cjal-9207	391	31	do	do	AUX
cjal-9207	391	32	not	not	PART
cjal-9207	391	33	necessarily	necessarily	ADV
cjal-9207	391	34	mean	mean	VERB
cjal-9207	391	35	that	that	SCONJ
cjal-9207	391	36	chinese	chinese	ADJ
cjal-9207	391	37	corporate	corporate	ADJ
cjal-9207	391	38	governance	governance	NOUN
cjal-9207	391	39	64	64	NUM
cjal-9207	391	40	nicholas	nicholas	PROPN
cjal-9207	391	41	c.	c.	PROPN
cjal-9207	391	42	howson	howson	PROPN
cjal-9207	391	43	&	&	CCONJ
cjal-9207	391	44	donald	donald	PROPN
cjal-9207	391	45	clarke	clarke	PROPN
cjal-9207	391	46	,	,	PUNCT
cjal-9207	391	47	pathway	pathway	NOUN
cjal-9207	391	48	to	to	PART
cjal-9207	391	49	minorit	minorit	VERB
cjal-9207	391	50	y	y	PROPN
cjal-9207	391	51	shareholder	shareholder	NOUN
cjal-9207	391	52	protection	protection	NOUN
cjal-9207	391	53	:	:	PUNCT
cjal-9207	391	54	derivative	derivative	ADJ
cjal-9207	391	55	actions	action	NOUN
cjal-9207	391	56	in	in	ADP
cjal-9207	391	57	the	the	DET
cjal-9207	391	58	people	people	NOUN
cjal-9207	391	59	's	's	PART
cjal-9207	391	60	republic	republic	NOUN
cjal-9207	391	61	of	of	ADP
cjal-9207	391	62	china	china	PROPN
cjal-9207	391	63	,	,	PUNCT
cjal-9207	391	64	in	in	ADP
cjal-9207	391	65	the	the	DET
cjal-9207	391	66	derivative	derivative	ADJ
cjal-9207	391	67	action	action	NOUN
cjal-9207	391	68	in	in	ADP
cjal-9207	391	69	asia	asia	PROPN
cjal-9207	391	70	:	:	PUNCT
cjal-9207	391	71	a	a	DET
cjal-9207	391	72	comparative	comparative	ADJ
cjal-9207	391	73	and	and	CCONJ
cjal-9207	391	74	functional	functional	ADJ
cjal-9207	391	75	approach	approach	NOUN
cjal-9207	391	76	243	243	NUM
cjal-9207	391	77	,	,	PUNCT
cjal-9207	391	78	254	254	NUM
cjal-9207	391	79	-	-	SYM
cjal-9207	391	80	257	257	NUM
cjal-9207	391	81	(	(	PUNCT
cjal-9207	391	82	dan	dan	PROPN
cjal-9207	391	83	w.	w.	PROPN
cjal-9207	391	84	puchniak	puchniak	PROPN
cjal-9207	391	85	et	et	PROPN
cjal-9207	391	86	al	al	PROPN
cjal-9207	391	87	.	.	PUNCT
cjal-9207	391	88	eds	eds	PROPN
cjal-9207	391	89	.	.	PROPN
cjal-9207	391	90	,	,	PUNCT
cjal-9207	391	91	2012	2012	NUM
cjal-9207	391	92	)	)	PUNCT
cjal-9207	391	93	;	;	PUNCT
cjal-9207	391	94	see	see	VERB
cjal-9207	391	95	also	also	ADV
cjal-9207	391	96	nicholas	nicholas	PROPN
cjal-9207	391	97	c.	c.	PROPN
cjal-9207	391	98	howson	howson	PROPN
cjal-9207	391	99	,	,	PUNCT
cjal-9207	391	100	corporate	corporate	ADJ
cjal-9207	391	101	law	law	NOUN
cjal-9207	391	102	in	in	ADP
cjal-9207	391	103	the	the	DET
cjal-9207	391	104	shanghai	shanghai	PROPN
cjal-9207	391	105	people	people	NOUN
cjal-9207	391	106	's	's	PART
cjal-9207	391	107	courts	court	NOUN
cjal-9207	391	108	,	,	PUNCT
cjal-9207	391	109	1992	1992	NUM
cjal-9207	391	110	-	-	SYM
cjal-9207	391	111	2008	2008	NUM
cjal-9207	391	112	:	:	PUNCT
cjal-9207	391	113	judi	judi	PROPN
cjal-9207	391	114	cial	cial	PROPN
cjal-9207	391	115	autonomy	autonomy	NOUN
cjal-9207	391	116	in	in	ADP
cjal-9207	391	117	a	a	DET
cjal-9207	391	118	contemporary	contemporary	ADJ
cjal-9207	391	119	authoritarian	authoritarian	ADJ
cjal-9207	391	120	state	state	NOUN
cjal-9207	391	121	,	,	PUNCT
cjal-9207	391	122	5	5	NUM
cjal-9207	391	123	e.	e.	PROPN
cjal-9207	391	124	asia	asia	PROPN
cjal-9207	391	125	l.	l.	PROPN
cjal-9207	391	126	rev	rev	PROPN
cjal-9207	391	127	.	.	PROPN
cjal-9207	391	128	303	303	NUM
cjal-9207	391	129	,	,	PUNCT
cjal-9207	391	130	404	404	NUM
cjal-9207	391	131	-	-	SYM
cjal-9207	391	132	07	07	NUM
cjal-9207	391	133	(	(	PUNCT
cjal-9207	391	134	2010	2010	NUM
cjal-9207	391	135	)	)	PUNCT
cjal-9207	391	136	.	.	PUNCT
cjal-9207	392	1	65	65	NUM
cjal-9207	393	1	the	the	DET
cjal-9207	393	2	shift	shift	NOUN
cjal-9207	393	3	is	be	AUX
cjal-9207	393	4	evident	evident	ADJ
cjal-9207	393	5	through	through	ADP
cjal-9207	393	6	academic	academic	ADJ
cjal-9207	393	7	discussions	discussion	NOUN
cjal-9207	393	8	and	and	CCONJ
cjal-9207	393	9	market	market	NOUN
cjal-9207	393	10	participants	participant	NOUN
cjal-9207	393	11	alike	alike	ADV
cjal-9207	393	12	.	.	PUNCT
cjal-9207	394	1	for	for	ADP
cjal-9207	394	2	such	such	ADJ
cjal-9207	394	3	shift	shift	NOUN
cjal-9207	394	4	in	in	ADP
cjal-9207	394	5	the	the	DET
cjal-9207	394	6	u.s.-dispersed	u.s.-dispersed	ADJ
cjal-9207	394	7	market	market	NOUN
cjal-9207	394	8	,	,	PUNCT
cjal-9207	394	9	see	see	VERB
cjal-9207	394	10	the	the	DET
cjal-9207	394	11	writings	writing	NOUN
cjal-9207	394	12	of	of	ADP
cjal-9207	394	13	professor	professor	NOUN
cjal-9207	394	14	bebchuk	bebchuk	NOUN
cjal-9207	394	15	,	,	PUNCT
cjal-9207	394	16	especially	especially	ADV
cjal-9207	394	17	in	in	ADP
cjal-9207	394	18	note	note	NOUN
cjal-9207	394	19	2	2	NUM
cjal-9207	394	20	,	,	PUNCT
cjal-9207	394	21	supra	supra	NOUN
cjal-9207	394	22	;	;	PUNCT
cjal-9207	394	23	lucian	lucian	PROPN
cjal-9207	394	24	a.	a.	NOUN
cjal-9207	394	25	bebchuk	bebchuk	PROPN
cjal-9207	394	26	,	,	PUNCT
cjal-9207	394	27	letting	let	VERB
cjal-9207	394	28	shareholders	shareholder	NOUN
cjal-9207	394	29	set	set	VERB
cjal-9207	394	30	the	the	DET
cjal-9207	394	31	rules	rule	NOUN
cjal-9207	394	32	,	,	PUNCT
cjal-9207	394	33	119	119	NUM
cjal-9207	394	34	harv	harv	NOUN
cjal-9207	394	35	.	.	PUNCT
cjal-9207	395	1	l.	l.	PROPN
cjal-9207	395	2	rev	rev	PROPN
cjal-9207	395	3	.	.	PROPN
cjal-9207	395	4	1784	1784	NUM
cjal-9207	395	5	(	(	PUNCT
cjal-9207	395	6	2005	2005	NUM
cjal-9207	395	7	)	)	PUNCT
cjal-9207	395	8	;	;	PUNCT
cjal-9207	395	9	paul	paul	PROPN
cjal-9207	395	10	rose	rise	VERB
cjal-9207	395	11	,	,	PUNCT
cjal-9207	395	12	the	the	DET
cjal-9207	395	13	corporate	corporate	ADJ
cjal-9207	395	14	governance	governance	NOUN
cjal-9207	395	15	industry	industry	NOUN
cjal-9207	395	16	,	,	PUNCT
cjal-9207	395	17	32	32	NUM
cjal-9207	395	18	j.	j.	PROPN
cjal-9207	395	19	corp	corp	PROPN
cjal-9207	395	20	.	.	PROPN
cjal-9207	395	21	l.	l.	PROPN
cjal-9207	395	22	887	887	NUM
cjal-9207	395	23	(	(	PUNCT
cjal-9207	395	24	2007	2007	NUM
cjal-9207	395	25	)	)	PUNCT
cjal-9207	395	26	(	(	PUNCT
cjal-9207	395	27	describing	describe	VERB
cjal-9207	395	28	the	the	DET
cjal-9207	395	29	rising	rise	VERB
cjal-9207	395	30	dominance	dominance	NOUN
cjal-9207	395	31	of	of	ADP
cjal-9207	395	32	the	the	DET
cjal-9207	395	33	institutional	institutional	ADJ
cjal-9207	395	34	shareholder	shareholder	NOUN
cjal-9207	395	35	services	service	NOUN
cjal-9207	395	36	(	(	PUNCT
cjal-9207	395	37	iss	iss	PROPN
cjal-9207	395	38	)	)	PUNCT
cjal-9207	395	39	firm	firm	NOUN
cjal-9207	395	40	and	and	CCONJ
cjal-9207	395	41	the	the	DET
cjal-9207	395	42	growth	growth	NOUN
cjal-9207	395	43	of	of	ADP
cjal-9207	395	44	the	the	DET
cjal-9207	395	45	proxy	proxy	ADJ
cjal-9207	395	46	advisory	advisory	ADJ
cjal-9207	395	47	sector	sector	NOUN
cjal-9207	395	48	in	in	ADP
cjal-9207	395	49	general	general	ADJ
cjal-9207	395	50	)	)	PUNCT
cjal-9207	395	51	;	;	PUNCT
cjal-9207	395	52	see	see	VERB
cjal-9207	395	53	also	also	ADV
cjal-9207	395	54	u.s	u.s	PROPN
cjal-9207	395	55	.	.	PROPN
cjal-9207	395	56	sec	sec	PROPN
cjal-9207	395	57	proxy	proxy	PROPN
cjal-9207	395	58	reform	reform	NOUN
cjal-9207	395	59	,	,	PUNCT
cjal-9207	395	60	75	75	NUM
cjal-9207	395	61	fed	feed	VERB
cjal-9207	395	62	.	.	PUNCT
cjal-9207	396	1	reg	reg	PROPN
cjal-9207	396	2	.	.	PROPN
cjal-9207	397	1	56,668	56,668	NUM
cjal-9207	397	2	,	,	PUNCT
cjal-9207	397	3	56,763	56,763	NUM
cjal-9207	397	4	(	(	PUNCT
cjal-9207	397	5	sept	sept	PROPN
cjal-9207	397	6	.	.	PROPN
cjal-9207	397	7	16	16	NUM
cjal-9207	397	8	,	,	PUNCT
cjal-9207	397	9	2010	2010	NUM
cjal-9207	397	10	)	)	PUNCT
cjal-9207	397	11	(	(	PUNCT
cjal-9207	397	12	facilitating	facilitate	VERB
cjal-9207	397	13	shareholder	shareholder	NOUN
cjal-9207	397	14	director	director	NOUN
cjal-9207	397	15	nominations	nomination	NOUN
cjal-9207	397	16	)	)	PUNCT
cjal-9207	397	17	.	.	PUNCT
cjal-9207	398	1	for	for	ADP
cjal-9207	398	2	evidence	evidence	NOUN
cjal-9207	398	3	of	of	ADP
cjal-9207	398	4	such	such	ADJ
cjal-9207	398	5	shift	shift	NOUN
cjal-9207	398	6	in	in	ADP
cjal-9207	398	7	concentrated	concentrated	ADJ
cjal-9207	398	8	markets	market	NOUN
cjal-9207	398	9	,	,	PUNCT
cjal-9207	398	10	see	see	VERB
cjal-9207	398	11	,	,	PUNCT
cjal-9207	398	12	e.g.	e.g.	ADV
cjal-9207	398	13	,	,	PUNCT
cjal-9207	398	14	miguel	miguel	PROPN
cjal-9207	398	15	a.	a.	PROPN
cjal-9207	398	16	ferreira	ferreira	PROPN
cjal-9207	398	17	et	et	PROPN
cjal-9207	398	18	al	al	PROPN
cjal-9207	398	19	.	.	PROPN
cjal-9207	398	20	,	,	PUNCT
cjal-9207	398	21	shareholders	shareholder	NOUN
cjal-9207	398	22	at	at	ADP
cjal-9207	398	23	the	the	DET
cjal-9207	398	24	gate	gate	NOUN
cjal-9207	398	25	?	?	PUNCT
cjal-9207	399	1	institutional	institutional	ADJ
cjal-9207	399	2	in	in	ADP
cjal-9207	399	3	vestors	vestor	NOUN
cjal-9207	399	4	and	and	CCONJ
cjal-9207	399	5	cross	cross	ADJ
cjal-9207	399	6	-	-	ADJ
cjal-9207	399	7	border	border	ADJ
cjal-9207	399	8	mergers	merger	NOUN
cjal-9207	399	9	and	and	CCONJ
cjal-9207	399	10	acquisitions	acquisition	NOUN
cjal-9207	399	11	,	,	PUNCT
cjal-9207	399	12	23	23	NUM
cjal-9207	399	13	rev	rev	X
cjal-9207	399	14	.	.	PROPN
cjal-9207	399	15	fin	fin	NOUN
cjal-9207	399	16	.	.	PUNCT
cjal-9207	399	17	stud	stud	PROPN
cjal-9207	399	18	.	.	PUNCT
cjal-9207	400	1	601	601	NUM
cjal-9207	400	2	,	,	PUNCT
cjal-9207	400	3	601	601	NUM
cjal-9207	400	4	-	-	SYM
cjal-9207	400	5	03	03	NUM
cjal-9207	400	6	(	(	PUNCT
cjal-9207	400	7	2010	2010	NUM
cjal-9207	400	8	)	)	PUNCT
cjal-9207	400	9	(	(	PUNCT
cjal-9207	400	10	stating	state	VERB
cjal-9207	400	11	that	that	SCONJ
cjal-9207	400	12	"	"	PUNCT
cjal-9207	400	13	a	a	DET
cjal-9207	400	14	more	more	ADV
cjal-9207	400	15	active	active	ADJ
cjal-9207	400	16	international	international	ADJ
cjal-9207	400	17	role	role	NOUN
cjal-9207	400	18	of	of	ADP
cjal-9207	400	19	institutional	institutional	ADJ
cjal-9207	400	20	money	money	NOUN
cjal-9207	400	21	managers	manager	NOUN
cjal-9207	400	22	has	have	AUX
cjal-9207	400	23	taken	take	VERB
cjal-9207	400	24	cross	cross	ADJ
cjal-9207	400	25	-	-	ADJ
cjal-9207	400	26	border	border	ADJ
cjal-9207	400	27	portfolio	portfolio	NOUN
cjal-9207	400	28	investment	investment	NOUN
cjal-9207	400	29	to	to	ADP
cjal-9207	400	30	record	record	NOUN
cjal-9207	400	31	levels	level	NOUN
cjal-9207	400	32	,	,	PUNCT
cjal-9207	400	33	representing	represent	VERB
cjal-9207	400	34	an	an	DET
cjal-9207	400	35	unprecedented	unprecedented	ADJ
cjal-9207	400	36	internationalization	internationalization	NOUN
cjal-9207	400	37	of	of	ADP
cjal-9207	400	38	the	the	DET
cjal-9207	400	39	shareholder	shareholder	NOUN
cjal-9207	400	40	base	base	NOUN
cjal-9207	400	41	of	of	ADP
cjal-9207	400	42	corporations	corporation	NOUN
cjal-9207	400	43	worldwide	worldwide	ADV
cjal-9207	400	44	"	"	PUNCT
cjal-9207	400	45	)	)	PUNCT
cjal-9207	400	46	;	;	PUNCT
cjal-9207	400	47	directive	directive	VERB
cjal-9207	400	48	2007/36	2007/36	NUM
cjal-9207	400	49	/	/	SYM
cjal-9207	400	50	ec	ec	PROPN
cjal-9207	400	51	,	,	PUNCT
cjal-9207	400	52	of	of	ADP
cjal-9207	400	53	the	the	DET
cjal-9207	400	54	european	european	ADJ
cjal-9207	400	55	parliament	parliament	NOUN
cjal-9207	400	56	and	and	CCONJ
cjal-9207	400	57	of	of	ADP
cjal-9207	400	58	the	the	DET
cjal-9207	400	59	council	council	NOUN
cjal-9207	400	60	of	of	ADP
cjal-9207	400	61	11	11	NUM
cjal-9207	400	62	july	july	PROPN
cjal-9207	400	63	2007	2007	NUM
cjal-9207	400	64	on	on	ADP
cjal-9207	400	65	the	the	DET
cjal-9207	400	66	exercise	exercise	NOUN
cjal-9207	400	67	of	of	ADP
cjal-9207	400	68	certain	certain	ADJ
cjal-9207	400	69	rights	right	NOUN
cjal-9207	400	70	of	of	ADP
cjal-9207	400	71	shareholders	shareholder	NOUN
cjal-9207	400	72	in	in	ADP
cjal-9207	400	73	listed	list	VERB
cjal-9207	400	74	companies	company	NOUN
cjal-9207	400	75	,	,	PUNCT
cjal-9207	400	76	2007	2007	NUM
cjal-9207	400	77	0.j	0.j	NUM
cjal-9207	400	78	.	.	PUNCT
cjal-9207	401	1	(	(	PUNCT
cjal-9207	401	2	l	l	NOUN
cjal-9207	401	3	184	184	NUM
cjal-9207	401	4	)	)	PUNCT
cjal-9207	401	5	17	17	NUM
cjal-9207	401	6	;	;	PUNCT
cjal-9207	401	7	and	and	CCONJ
cjal-9207	401	8	other	other	ADJ
cjal-9207	401	9	sources	source	NOUN
cjal-9207	401	10	referred	refer	VERB
cjal-9207	401	11	to	to	ADP
cjal-9207	401	12	in	in	ADP
cjal-9207	401	13	note	note	NOUN
cjal-9207	401	14	7	7	NUM
cjal-9207	401	15	,	,	PUNCT
cjal-9207	401	16	supra	supra	NOUN
cjal-9207	401	17	.	.	PROPN
cjal-9207	401	18	20	20	NUM
cjal-9207	401	19	columbia	columbia	PROPN
cjal-9207	401	20	journal	journal	NOUN
cjal-9207	401	21	of	of	ADP
cjal-9207	401	22	asian	asian	ADJ
cjal-9207	401	23	law	law	NOUN
cjal-9207	402	1	[	[	X
cjal-9207	402	2	vol	vol	NOUN
cjal-9207	402	3	.	.	PUNCT
cjal-9207	403	1	30:1	30:1	NUM
cjal-9207	403	2	entirely	entirely	ADV
cjal-9207	403	3	lacks	lack	VERB
cjal-9207	403	4	effective	effective	ADJ
cjal-9207	403	5	minority	minority	NOUN
cjal-9207	403	6	shareholder	shareholder	NOUN
cjal-9207	403	7	protections	protection	NOUN
cjal-9207	403	8	.	.	PUNCT
cjal-9207	404	1	nor	nor	CCONJ
cjal-9207	404	2	does	do	AUX
cjal-9207	404	3	it	it	PRON
cjal-9207	404	4	mean	mean	VERB
cjal-9207	404	5	,	,	PUNCT
cjal-9207	404	6	i	i	PRON
cjal-9207	404	7	argue	argue	VERB
cjal-9207	404	8	,	,	PUNCT
cjal-9207	404	9	that	that	SCONJ
cjal-9207	404	10	public	public	ADJ
cjal-9207	404	11	investors	investor	NOUN
cjal-9207	404	12	in	in	ADP
cjal-9207	404	13	these	these	DET
cjal-9207	404	14	prc	prc	PROPN
cjal-9207	404	15	firms	firm	NOUN
cjal-9207	404	16	are	be	AUX
cjal-9207	404	17	condemned	condemn	VERB
cjal-9207	404	18	to	to	ADP
cjal-9207	404	19	eternal	eternal	ADJ
cjal-9207	404	20	passivity	passivity	NOUN
cjal-9207	404	21	.	.	PUNCT
cjal-9207	405	1	rather	rather	ADV
cjal-9207	405	2	,	,	PUNCT
cjal-9207	405	3	in	in	ADP
cjal-9207	405	4	my	my	PRON
cjal-9207	405	5	view	view	NOUN
cjal-9207	405	6	,	,	PUNCT
cjal-9207	405	7	these	these	DET
cjal-9207	405	8	insufficiencies	insufficiency	NOUN
cjal-9207	405	9	open	open	VERB
cjal-9207	405	10	a	a	DET
cjal-9207	405	11	route	route	NOUN
cjal-9207	405	12	for	for	ADP
cjal-9207	405	13	other	other	ADJ
cjal-9207	405	14	mechanisms	mechanism	NOUN
cjal-9207	405	15	and	and	CCONJ
cjal-9207	405	16	institutions	institution	NOUN
cjal-9207	405	17	to	to	PART
cjal-9207	405	18	fill	fill	VERB
cjal-9207	405	19	-	-	PUNCT
cjal-9207	405	20	in	in	ADP
cjal-9207	405	21	such	such	ADJ
cjal-9207	405	22	gap	gap	NOUN
cjal-9207	405	23	and	and	CCONJ
cjal-9207	405	24	promote	promote	VERB
cjal-9207	405	25	minority	minority	NOUN
cjal-9207	405	26	shareholders	shareholder	NOUN
cjal-9207	405	27	'	'	PART
cjal-9207	405	28	empowerment	empowerment	NOUN
cjal-9207	405	29	in	in	ADP
cjal-9207	405	30	chinese	chinese	ADJ
cjal-9207	405	31	publicly	publicly	ADV
cjal-9207	405	32	-	-	PUNCT
cjal-9207	405	33	listed	list	VERB
cjal-9207	405	34	firms	firm	NOUN
cjal-9207	405	35	.	.	PUNCT
cjal-9207	406	1	these	these	DET
cjal-9207	406	2	alternative	alternative	ADJ
cjal-9207	406	3	mechanisms	mechanism	NOUN
cjal-9207	406	4	also	also	ADV
cjal-9207	406	5	suggest	suggest	VERB
cjal-9207	406	6	greater	great	ADJ
cjal-9207	406	7	possibilities	possibility	NOUN
cjal-9207	406	8	for	for	ADP
cjal-9207	406	9	minority	minority	NOUN
cjal-9207	406	10	public	public	ADJ
cjal-9207	406	11	shareholders	shareholder	NOUN
cjal-9207	406	12	'	'	PART
cjal-9207	406	13	future	future	ADJ
cjal-9207	406	14	involvement	involvement	NOUN
cjal-9207	406	15	in	in	ADP
cjal-9207	406	16	firm	firm	ADJ
cjal-9207	406	17	monitoring	monitoring	NOUN
cjal-9207	406	18	and	and	CCONJ
cjal-9207	406	19	governance	governance	NOUN
cjal-9207	406	20	participation	participation	NOUN
cjal-9207	406	21	.	.	PUNCT
cjal-9207	407	1	what	what	PRON
cjal-9207	407	2	are	be	AUX
cjal-9207	407	3	these	these	DET
cjal-9207	407	4	other	other	ADJ
cjal-9207	407	5	mechanisms	mechanism	NOUN
cjal-9207	407	6	?	?	PUNCT
cjal-9207	408	1	institutionally	institutionally	ADV
cjal-9207	408	2	the	the	DET
cjal-9207	408	3	chinese	chinese	ADJ
cjal-9207	408	4	securities	security	NOUN
cjal-9207	408	5	regulator	regulator	NOUN
cjal-9207	408	6	has	have	AUX
cjal-9207	408	7	intervened	intervene	VERB
cjal-9207	408	8	strongly	strongly	ADV
cjal-9207	408	9	in	in	ADP
cjal-9207	408	10	the	the	DET
cjal-9207	408	11	realm	realm	NOUN
cjal-9207	408	12	of	of	ADP
cjal-9207	408	13	the	the	DET
cjal-9207	408	14	company	company	NOUN
cjal-9207	408	15	law	law	NOUN
cjal-9207	408	16	(	(	PUNCT
cjal-9207	408	17	and	and	CCONJ
cjal-9207	408	18	part	part	NOUN
cjal-9207	408	19	of	of	ADP
cjal-9207	408	20	the	the	DET
cjal-9207	408	21	prc	prc	PROPN
cjal-9207	408	22	securities	security	NOUN
cjal-9207	408	23	law	law	NOUN
cjal-9207	408	24	which	which	PRON
cjal-9207	408	25	governs	govern	VERB
cjal-9207	408	26	corporate	corporate	ADJ
cjal-9207	408	27	law	law	NOUN
cjal-9207	408	28	)	)	PUNCT
cjal-9207	408	29	with	with	ADP
cjal-9207	408	30	a	a	DET
cjal-9207	408	31	number	number	NOUN
cjal-9207	408	32	of	of	ADP
cjal-9207	408	33	mandatory	mandatory	ADJ
cjal-9207	408	34	regulations	regulation	NOUN
cjal-9207	408	35	that	that	PRON
cjal-9207	408	36	override	override	VERB
cjal-9207	408	37	what	what	PRON
cjal-9207	408	38	is	be	AUX
cjal-9207	408	39	only	only	ADV
cjal-9207	408	40	enabled	enable	VERB
cjal-9207	408	41	in	in	ADP
cjal-9207	408	42	primary	primary	ADJ
cjal-9207	408	43	statutes	statute	NOUN
cjal-9207	408	44	.	.	PUNCT
cjal-9207	409	1	66	66	NUM
cjal-9207	410	1	the	the	DET
cjal-9207	410	2	csrc	csrc	NOUN
cjal-9207	410	3	has	have	AUX
cjal-9207	410	4	put	put	VERB
cjal-9207	410	5	the	the	DET
cjal-9207	410	6	protection	protection	NOUN
cjal-9207	410	7	of	of	ADP
cjal-9207	410	8	socalled	socalled	ADJ
cjal-9207	410	9	"	"	PUNCT
cjal-9207	410	10	public	public	ADJ
cjal-9207	410	11	"	"	PUNCT
cjal-9207	410	12	(	(	PUNCT
cjal-9207	410	13	gongzhong	gongzhong	NOUN
cjal-9207	410	14	)	)	PUNCT
cjal-9207	410	15	shareholders	shareholder	NOUN
cjal-9207	410	16	at	at	ADP
cjal-9207	410	17	the	the	DET
cjal-9207	410	18	forefront	forefront	NOUN
cjal-9207	410	19	of	of	ADP
cjal-9207	410	20	its	its	PRON
cjal-9207	410	21	mission	mission	NOUN
cjal-9207	410	22	to	to	PART
cjal-9207	410	23	develop	develop	VERB
cjal-9207	410	24	"	"	PUNCT
cjal-9207	410	25	healthy	healthy	ADJ
cjal-9207	410	26	"	"	PUNCT
cjal-9207	410	27	capital	capital	NOUN
cjal-9207	410	28	markets	market	NOUN
cjal-9207	410	29	.	.	PUNCT
cjal-9207	411	1	67	67	NUM
cjal-9207	411	2	for	for	ADP
cjal-9207	411	3	instance	instance	NOUN
cjal-9207	411	4	,	,	PUNCT
cjal-9207	411	5	before	before	ADP
cjal-9207	411	6	the	the	DET
cjal-9207	411	7	2006	2006	NUM
cjal-9207	411	8	amendment	amendment	NOUN
cjal-9207	411	9	of	of	ADP
cjal-9207	411	10	the	the	DET
cjal-9207	411	11	company	company	NOUN
cjal-9207	411	12	law	law	NOUN
cjal-9207	411	13	,	,	PUNCT
cjal-9207	411	14	in	in	ADP
cjal-9207	411	15	2004	2004	NUM
cjal-9207	411	16	,	,	PUNCT
cjal-9207	411	17	the	the	DET
cjal-9207	411	18	csrc	csrc	NOUN
cjal-9207	411	19	issued	issue	VERB
cjal-9207	411	20	provisions	provision	NOUN
cjal-9207	411	21	promoting	promote	VERB
cjal-9207	411	22	minority	minority	NOUN
cjal-9207	411	23	shareholder	shareholder	NOUN
cjal-9207	411	24	participation	participation	NOUN
cjal-9207	411	25	in	in	ADP
cjal-9207	411	26	listed	list	VERB
cjal-9207	411	27	firm	firm	ADJ
cjal-9207	411	28	governance	governance	NOUN
cjal-9207	411	29	through	through	ADP
cjal-9207	411	30	a	a	DET
cjal-9207	411	31	public	public	ADJ
cjal-9207	411	32	shareholder	shareholder	NOUN
cjal-9207	411	33	negative	negative	ADJ
cjal-9207	411	34	veto	veto	NOUN
cjal-9207	411	35	for	for	ADP
cjal-9207	411	36	certain	certain	ADJ
cjal-9207	411	37	corporate	corporate	ADJ
cjal-9207	411	38	decisions	decision	NOUN
cjal-9207	411	39	.	.	PUNCT
cjal-9207	412	1	68	68	NUM
cjal-9207	412	2	the	the	DET
cjal-9207	412	3	provisions	provision	NOUN
cjal-9207	412	4	mandate	mandate	VERB
cjal-9207	412	5	approval	approval	NOUN
cjal-9207	412	6	by	by	ADP
cjal-9207	412	7	the	the	DET
cjal-9207	412	8	shareholders	shareholder	NOUN
cjal-9207	412	9	assembly	assembly	NOUN
cjal-9207	412	10	with	with	ADP
cjal-9207	412	11	the	the	DET
cjal-9207	412	12	support	support	NOUN
cjal-9207	412	13	of	of	ADP
cjal-9207	412	14	at	at	ADV
cjal-9207	412	15	least	least	ADV
cjal-9207	412	16	50	50	NUM
cjal-9207	412	17	%	%	NOUN
cjal-9207	412	18	of	of	ADP
cjal-9207	412	19	the	the	DET
cjal-9207	412	20	"	"	PUNCT
cjal-9207	412	21	general	general	ADJ
cjal-9207	412	22	public	public	ADJ
cjal-9207	412	23	shareholders	shareholder	NOUN
cjal-9207	412	24	"	"	PUNCT
cjal-9207	412	25	(	(	PUNCT
cjal-9207	412	26	understood	understand	VERB
cjal-9207	412	27	to	to	PART
cjal-9207	412	28	mean	mean	VERB
cjal-9207	412	29	holders	holder	NOUN
cjal-9207	412	30	of	of	ADP
cjal-9207	412	31	publicly	publicly	ADV
cjal-9207	412	32	-	-	PUNCT
cjal-9207	412	33	listed	list	VERB
cjal-9207	412	34	shares	share	NOUN
cjal-9207	412	35	not	not	PART
cjal-9207	412	36	affiliated	affiliate	VERB
cjal-9207	412	37	with	with	ADP
cjal-9207	412	38	the	the	DET
cjal-9207	412	39	control	control	NOUN
cjal-9207	412	40	group	group	NOUN
cjal-9207	412	41	)	)	PUNCT
cjal-9207	412	42	,	,	PUNCT
cjal-9207	412	43	for	for	ADP
cjal-9207	412	44	:	:	PUNCT
cjal-9207	412	45	matters	matter	NOUN
cjal-9207	412	46	that	that	PRON
cjal-9207	412	47	would	would	AUX
cjal-9207	412	48	have	have	VERB
cjal-9207	412	49	a	a	DET
cjal-9207	412	50	material	material	ADJ
cjal-9207	412	51	impact	impact	NOUN
cjal-9207	412	52	on	on	ADP
cjal-9207	412	53	them	they	PRON
cjal-9207	412	54	;	;	PUNCT
cjal-9207	412	55	any	any	DET
cjal-9207	412	56	new	new	ADJ
cjal-9207	412	57	issuance	issuance	NOUN
cjal-9207	412	58	of	of	ADP
cjal-9207	412	59	stock	stock	NOUN
cjal-9207	412	60	or	or	CCONJ
cjal-9207	412	61	convertible	convertible	ADJ
cjal-9207	412	62	debt	debt	NOUN
cjal-9207	412	63	to	to	ADP
cjal-9207	412	64	the	the	DET
cjal-9207	412	65	public	public	NOUN
cjal-9207	412	66	;	;	PUNCT
cjal-9207	412	67	rights	right	NOUN
cjal-9207	412	68	offerings	offering	NOUN
cjal-9207	412	69	;	;	PUNCT
cjal-9207	412	70	major	major	ADJ
cjal-9207	412	71	asset	asset	NOUN
cjal-9207	412	72	reorganization	reorganization	NOUN
cjal-9207	412	73	;	;	PUNCT
cjal-9207	412	74	repayment	repayment	NOUN
cjal-9207	412	75	of	of	ADP
cjal-9207	412	76	any	any	DET
cjal-9207	412	77	debt	debt	NOUN
cjal-9207	412	78	owed	owe	VERB
cjal-9207	412	79	to	to	ADP
cjal-9207	412	80	the	the	DET
cjal-9207	412	81	company	company	NOUN
cjal-9207	412	82	by	by	ADP
cjal-9207	412	83	one	one	NUM
cjal-9207	412	84	of	of	ADP
cjal-9207	412	85	its	its	PRON
cjal-9207	412	86	shareholders	shareholder	NOUN
cjal-9207	412	87	;	;	PUNCT
cjal-9207	412	88	and	and	CCONJ
cjal-9207	412	89	any	any	DET
cjal-9207	412	90	overseas	overseas	ADJ
cjal-9207	412	91	listing	listing	NOUN
cjal-9207	412	92	by	by	ADP
cjal-9207	412	93	a	a	DET
cjal-9207	412	94	significant	significant	ADJ
cjal-9207	412	95	subsidiary	subsidiary	NOUN
cjal-9207	412	96	of	of	ADP
cjal-9207	412	97	the	the	DET
cjal-9207	412	98	listed	list	VERB
cjal-9207	412	99	company	company	NOUN
cjal-9207	412	100	.	.	PUNCT
cjal-9207	413	1	69	69	NUM
cjal-9207	413	2	this	this	DET
cjal-9207	413	3	negative	negative	ADJ
cjal-9207	413	4	veto	veto	NOUN
cjal-9207	413	5	conferred	confer	VERB
cjal-9207	413	6	on	on	ADP
cjal-9207	413	7	minority	minority	NOUN
cjal-9207	413	8	shareholders	shareholder	NOUN
cjal-9207	413	9	in	in	ADP
cjal-9207	413	10	listed	list	VERB
cjal-9207	413	11	firms	firm	NOUN
cjal-9207	413	12	by	by	ADP
cjal-9207	413	13	the	the	DET
cjal-9207	413	14	csrc	csrc	NOUN
cjal-9207	413	15	and	and	CCONJ
cjal-9207	413	16	outside	outside	ADP
cjal-9207	413	17	of	of	ADP
cjal-9207	413	18	prc	prc	PROPN
cjal-9207	413	19	corporate	corporate	ADJ
cjal-9207	413	20	and	and	CCONJ
cjal-9207	413	21	securities	security	NOUN
cjal-9207	413	22	laws	law	NOUN
cjal-9207	413	23	,	,	PUNCT
cjal-9207	413	24	presents	present	VERB
cjal-9207	413	25	a	a	DET
cjal-9207	413	26	substantial	substantial	ADJ
cjal-9207	413	27	mechanism	mechanism	NOUN
cjal-9207	413	28	for	for	ADP
cjal-9207	413	29	minority	minority	NOUN
cjal-9207	413	30	shareholder	shareholder	NOUN
cjal-9207	413	31	protection	protection	NOUN
cjal-9207	413	32	and	and	CCONJ
cjal-9207	413	33	an	an	DET
cjal-9207	413	34	opportunity	opportunity	NOUN
cjal-9207	413	35	for	for	ADP
cjal-9207	413	36	minority	minority	NOUN
cjal-9207	413	37	participation	participation	NOUN
cjal-9207	413	38	in	in	ADP
cjal-9207	413	39	the	the	DET
cjal-9207	413	40	governance	governance	NOUN
cjal-9207	413	41	of	of	ADP
cjal-9207	413	42	listed	list	VERB
cjal-9207	413	43	firms	firm	NOUN
cjal-9207	413	44	.	.	PUNCT
cjal-9207	414	1	the	the	DET
cjal-9207	414	2	csrc	csrc	NOUN
cjal-9207	414	3	2004	2004	NUM
cjal-9207	414	4	provisions	provision	NOUN
cjal-9207	414	5	also	also	ADV
cjal-9207	414	6	urge	urge	VERB
cjal-9207	414	7	firms	firm	NOUN
cjal-9207	414	8	to	to	PART
cjal-9207	414	9	proactively	proactively	ADV
cjal-9207	414	10	seek	seek	VERB
cjal-9207	414	11	to	to	PART
cjal-9207	414	12	increase	increase	VERB
cjal-9207	414	13	the	the	DET
cjal-9207	414	14	presence	presence	NOUN
cjal-9207	414	15	of	of	ADP
cjal-9207	414	16	"	"	PUNCT
cjal-9207	414	17	general	general	ADJ
cjal-9207	414	18	public	public	ADJ
cjal-9207	414	19	shareholders	shareholder	NOUN
cjal-9207	414	20	"	"	PUNCT
cjal-9207	414	21	in	in	ADP
cjal-9207	414	22	shareholders	shareholder	NOUN
cjal-9207	414	23	'	'	PART
cjal-9207	414	24	meetings	meeting	NOUN
cjal-9207	414	25	,	,	PUNCT
cjal-9207	414	26	and	and	CCONJ
cjal-9207	414	27	to	to	PART
cjal-9207	414	28	enhance	enhance	VERB
cjal-9207	414	29	participation	participation	NOUN
cjal-9207	414	30	rights	right	NOUN
cjal-9207	414	31	by	by	ADP
cjal-9207	414	32	enabling	enable	VERB
cjal-9207	414	33	the	the	DET
cjal-9207	414	34	public	public	ADJ
cjal-9207	414	35	solicitation	solicitation	NOUN
cjal-9207	414	36	of	of	ADP
cjal-9207	414	37	voting	vote	VERB
cjal-9207	414	38	proxies	proxy	NOUN
cjal-9207	414	39	,	,	PUNCT
cjal-9207	414	40	promote	promote	VERB
cjal-9207	414	41	cumulative	cumulative	ADJ
cjal-9207	414	42	voting	voting	NOUN
cjal-9207	414	43	,	,	PUNCT
cjal-9207	414	44	etc	etc	X
cjal-9207	414	45	.	.	X
cjal-9207	414	46	indeed	indeed	ADV
cjal-9207	414	47	,	,	PUNCT
cjal-9207	414	48	the	the	DET
cjal-9207	414	49	mandatory	mandatory	ADJ
cjal-9207	414	50	rules	rule	NOUN
cjal-9207	414	51	set	set	VERB
cjal-9207	414	52	forth	forth	ADP
cjal-9207	414	53	in	in	ADP
cjal-9207	414	54	the	the	DET
cjal-9207	414	55	csrc	csrc	NOUN
cjal-9207	414	56	2004	2004	NUM
cjal-9207	414	57	pro	pro	ADJ
cjal-9207	414	58	visions	vision	NOUN
cjal-9207	414	59	are	be	AUX
cjal-9207	414	60	but	but	CCONJ
cjal-9207	414	61	one	one	NUM
cjal-9207	414	62	example	example	NOUN
cjal-9207	414	63	of	of	ADP
cjal-9207	414	64	how	how	SCONJ
cjal-9207	414	65	china	china	PROPN
cjal-9207	414	66	's	's	PART
cjal-9207	414	67	capital	capital	NOUN
cjal-9207	414	68	markets	market	NOUN
cjal-9207	414	69	regulator	regulator	NOUN
cjal-9207	414	70	recognizes	recognize	VERB
cjal-9207	414	71	the	the	DET
cjal-9207	414	72	value	value	NOUN
cjal-9207	414	73	of	of	ADP
cjal-9207	414	74	the	the	DET
cjal-9207	414	75	appearance	appearance	NOUN
cjal-9207	414	76	and	and	CCONJ
cjal-9207	414	77	reality	reality	NOUN
cjal-9207	414	78	of	of	ADP
cjal-9207	414	79	increased	increase	VERB
cjal-9207	414	80	minority	minority	NOUN
cjal-9207	414	81	public	public	ADJ
cjal-9207	414	82	shareholder	shareholder	NOUN
cjal-9207	414	83	involvement	involvement	NOUN
cjal-9207	414	84	.	.	PUNCT
cjal-9207	415	1	nonetheless	nonetheless	ADV
cjal-9207	415	2	,	,	PUNCT
cjal-9207	415	3	while	while	SCONJ
cjal-9207	415	4	the	the	DET
cjal-9207	415	5	mandatory	mandatory	ADJ
cjal-9207	415	6	norms	norm	NOUN
cjal-9207	415	7	66	66	NUM
cjal-9207	415	8	howson	howson	PROPN
cjal-9207	415	9	,	,	PUNCT
cjal-9207	415	10	supra	supra	PROPN
cjal-9207	415	11	note	note	PROPN
cjal-9207	415	12	36	36	NUM
cjal-9207	415	13	(	(	PUNCT
cjal-9207	415	14	offering	offer	VERB
cjal-9207	415	15	reasons	reason	NOUN
cjal-9207	415	16	why	why	SCONJ
cjal-9207	415	17	the	the	DET
cjal-9207	415	18	csrc	csrc	NOUN
cjal-9207	415	19	was	be	AUX
cjal-9207	415	20	allowed	allow	VERB
cjal-9207	415	21	into	into	ADP
cjal-9207	415	22	such	such	ADJ
cjal-9207	415	23	position	position	NOUN
cjal-9207	415	24	)	)	PUNCT
cjal-9207	415	25	.	.	PUNCT
cjal-9207	416	1	g1jd	g1jd	PUNCT
cjal-9207	416	2	.	.	PUNCT
cjal-9207	417	1	at697	at697	PROPN
cjal-9207	417	2	-	-	PUNCT
cjal-9207	417	3	99	99	NUM
cjal-9207	417	4	,	,	PUNCT
cjal-9207	417	5	709	709	NUM
cjal-9207	417	6	-	-	SYM
cjal-9207	417	7	11	11	NUM
cjal-9207	417	8	.	.	PUNCT
cjal-9207	418	1	68	68	NUM
cjal-9207	418	2	guanyu	guanyu	PROPN
cjal-9207	418	3	jiaqiang	jiaqiang	PROPN
cjal-9207	418	4	shehui	shehui	PROPN
cjal-9207	418	5	gongzhonggu	gongzhonggu	PROPN
cjal-9207	418	6	gudong	gudong	PROPN
cjal-9207	418	7	quanyi	quanyi	PROPN
cjal-9207	418	8	baohu	baohu	PROPN
cjal-9207	418	9	de	de	PROPN
cjal-9207	418	10	ruogan	ruogan	PROPN
cjal-9207	418	11	guiding	guiding	NOUN
cjal-9207	418	12	(	(	PUNCT
cjal-9207	418	13	*	*	NOUN
cjal-9207	418	14	'	'	NOUN
cjal-9207	418	15	f	f	NOUN
cjal-9207	418	16	:	:	PUNCT
cjal-9207	418	17	lmsu±~0a.lll!:ll!t*tll	lmsu±~0a.lll!:ll!t*tll	PROPN
cjal-9207	418	18	~	~	SYM
cjal-9207	418	19	h	h	NOUN
cjal-9207	418	20	~	~	PROPN
cjal-9207	418	21	hr	hr	NOUN
cjal-9207	418	22	>	>	X
cjal-9207	418	23	fi(jlfft;fi~	fi(jlfft;fi~	PROPN
cjal-9207	418	24	)	)	PUNCT
cjal-9207	419	1	[	[	X
cjal-9207	419	2	provisions	provision	NOUN
cjal-9207	419	3	on	on	ADP
cjal-9207	419	4	strengthening	strengthen	VERB
cjal-9207	419	5	the	the	DET
cjal-9207	419	6	protection	protection	NOUN
cjal-9207	419	7	of	of	ADP
cjal-9207	419	8	the	the	DET
cjal-9207	419	9	rights	right	NOUN
cjal-9207	419	10	and	and	CCONJ
cjal-9207	419	11	interests	interest	NOUN
cjal-9207	419	12	of	of	ADP
cjal-9207	419	13	the	the	DET
cjal-9207	419	14	general	general	ADJ
cjal-9207	419	15	public	public	ADJ
cjal-9207	419	16	shareholders	shareholder	NOUN
cjal-9207	419	17	]	]	PUNCT
cjal-9207	419	18	(	(	PUNCT
cjal-9207	419	19	promulgated	promulgate	VERB
cjal-9207	419	20	by	by	ADP
cjal-9207	419	21	the	the	DET
cjal-9207	419	22	sec	sec	PROPN
cjal-9207	419	23	.	.	PUNCT
cjal-9207	419	24	regulatory	regulatory	ADJ
cjal-9207	419	25	comm'n	comm'n	PROPN
cjal-9207	419	26	,	,	PUNCT
cjal-9207	419	27	dec	dec	PROPN
cjal-9207	419	28	.	.	PROPN
cjal-9207	419	29	7	7	NUM
cjal-9207	419	30	,	,	PUNCT
cjal-9207	419	31	2004	2004	NUM
cjal-9207	419	32	,	,	PUNCT
cjal-9207	419	33	effective	effective	ADJ
cjal-9207	419	34	dec	dec	PROPN
cjal-9207	419	35	.	.	PROPN
cjal-9207	419	36	7	7	NUM
cjal-9207	419	37	,	,	PUNCT
cjal-9207	419	38	2004	2004	NUM
cjal-9207	419	39	)	)	PUNCT
cjal-9207	419	40	,	,	PUNCT
cjal-9207	419	41	http://en.pkulaw.cn/display	http://en.pkulaw.cn/display	NOUN
cjal-9207	419	42	.aspx?cgid=56204&lib	.aspx?cgid=56204&lib	PUNCT
cjal-9207	420	1	=	=	NOUN
cjal-9207	420	2	law	law	NOUN
cjal-9207	420	3	[	[	X
cjal-9207	420	4	hereinafter	hereinafter	NOUN
cjal-9207	420	5	csrc	csrc	NOUN
cjal-9207	420	6	2004	2004	NUM
cjal-9207	420	7	provisions	provision	NOUN
cjal-9207	420	8	]	]	PUNCT
cjal-9207	420	9	.	.	PUNCT
cjal-9207	421	1	69	69	NUM
cjal-9207	422	1	i	i	PRON
cjal-9207	422	2	d.	d.	PROPN
cjal-9207	422	3	art	art	PROPN
cjal-9207	422	4	.	.	PUNCT
cjal-9207	423	1	l(l)(a}-(d	l(l)(a}-(d	ADV
cjal-9207	423	2	)	)	PUNCT
cjal-9207	423	3	(	(	PUNCT
cjal-9207	423	4	referring	refer	VERB
cjal-9207	423	5	to	to	ADP
cjal-9207	423	6	"	"	PUNCT
cjal-9207	423	7	general	general	ADJ
cjal-9207	423	8	public	public	ADJ
cjal-9207	423	9	shareho	shareho	PROPN
cjal-9207	423	10	lders	lder	NOUN
cjal-9207	423	11	group	group	NOUN
cjal-9207	423	12	"	"	PUNCT
cjal-9207	423	13	(	(	PUNCT
cjal-9207	423	14	"	"	PUNCT
cjal-9207	423	15	shehui	shehui	PROPN
cjal-9207	423	16	gongzhong	gongzhong	PROPN
cjal-9207	423	17	gu	gu	PROPN
cjal-9207	423	18	gudong	gudong	PROPN
cjal-9207	423	19	'	'	PUNCT
cjal-9207	423	20	)	)	PUNCT
cjal-9207	423	21	)	)	PUNCT
cjal-9207	423	22	.	.	PUNCT
cjal-9207	424	1	2016	2016	NUM
cjal-9207	424	2	)	)	PUNCT
cjal-9207	424	3	minority	minority	NOUN
cjal-9207	424	4	public	public	ADJ
cjal-9207	424	5	shareholders	shareholder	NOUN
cjal-9207	424	6	in	in	ADP
cjal-9207	424	7	china	china	PROPN
cjal-9207	424	8	21	21	NUM
cjal-9207	424	9	introduced	introduce	VERB
cjal-9207	424	10	by	by	ADP
cjal-9207	424	11	the	the	DET
cjal-9207	424	12	csrc	csrc	NOUN
cjal-9207	424	13	might	might	AUX
cjal-9207	424	14	result	result	VERB
cjal-9207	424	15	in	in	ADP
cjal-9207	424	16	the	the	DET
cjal-9207	424	17	empowerment	empowerment	NOUN
cjal-9207	424	18	of	of	ADP
cjal-9207	424	19	minority	minority	NOUN
cjal-9207	424	20	public	public	ADJ
cjal-9207	424	21	shareholders	shareholder	NOUN
cjal-9207	424	22	toward	toward	ADP
cjal-9207	424	23	fairer	fair	ADJ
cjal-9207	424	24	treatment	treatment	NOUN
cjal-9207	424	25	,	,	PUNCT
cjal-9207	424	26	it	it	PRON
cjal-9207	424	27	should	should	AUX
cjal-9207	424	28	be	be	AUX
cjal-9207	424	29	noted	note	VERB
cjal-9207	424	30	that	that	SCONJ
cjal-9207	424	31	under	under	ADP
cjal-9207	424	32	current	current	ADJ
cjal-9207	424	33	political	political	ADJ
cjal-9207	424	34	economy	economy	NOUN
cjal-9207	424	35	conditions	condition	NOUN
cjal-9207	424	36	,	,	PUNCT
cjal-9207	424	37	they	they	PRON
cjal-9207	424	38	are	be	AUX
cjal-9207	424	39	probably	probably	ADV
cjal-9207	424	40	not	not	PART
cjal-9207	424	41	as	as	ADV
cjal-9207	424	42	effective	effective	ADJ
cjal-9207	424	43	in	in	ADP
cjal-9207	424	44	empowering	empower	VERB
cjal-9207	424	45	them	they	PRON
cjal-9207	424	46	towards	towards	ADP
cjal-9207	424	47	active	active	ADJ
cjal-9207	424	48	participation	participation	NOUN
cjal-9207	424	49	in	in	ADP
cjal-9207	424	50	firms	firm	NOUN
cjal-9207	424	51	.	.	PUNCT
cjal-9207	425	1	the	the	DET
cjal-9207	425	2	reasons	reason	NOUN
cjal-9207	425	3	for	for	ADP
cjal-9207	425	4	this	this	PRON
cjal-9207	425	5	are	be	AUX
cjal-9207	425	6	twofold	twofold	ADJ
cjal-9207	425	7	,	,	PUNCT
cjal-9207	425	8	both	both	PRON
cjal-9207	425	9	of	of	ADP
cjal-9207	425	10	which	which	PRON
cjal-9207	425	11	only	only	ADV
cjal-9207	425	12	intensified	intensify	VERB
cjal-9207	425	13	following	follow	VERB
cjal-9207	425	14	the	the	DET
cjal-9207	425	15	recent	recent	ADJ
cjal-9207	425	16	2015	2015	NUM
cjal-9207	425	17	-	-	SYM
cjal-9207	425	18	2016	2016	NUM
cjal-9207	425	19	shanghai	shanghai	PROPN
cjal-9207	425	20	market	market	NOUN
cjal-9207	425	21	crash	crash	NOUN
cjal-9207	425	22	,	,	PUNCT
cjal-9207	425	23	and	and	CCONJ
cjal-9207	425	24	the	the	DET
cjal-9207	425	25	consequent	consequent	ADJ
cjal-9207	425	26	legal	legal	ADJ
cjal-9207	425	27	and	and	CCONJ
cjal-9207	425	28	party	party	NOUN
cjal-9207	425	29	-	-	PUNCT
cjal-9207	425	30	disciplinary	disciplinary	ADJ
cjal-9207	425	31	enforcement	enforcement	NOUN
cjal-9207	425	32	procedures	procedure	NOUN
cjal-9207	425	33	against	against	ADP
cjal-9207	425	34	csrc	csrc	NOUN
cjal-9207	425	35	leading	lead	VERB
cjal-9207	425	36	officials	official	NOUN
cjal-9207	425	37	,	,	PUNCT
cjal-9207	425	38	which	which	PRON
cjal-9207	425	39	discredited	discredit	VERB
cjal-9207	425	40	the	the	DET
cjal-9207	425	41	agency	agency	NOUN
cjal-9207	425	42	and	and	CCONJ
cjal-9207	425	43	likely	likely	ADV
cjal-9207	425	44	seriously	seriously	ADV
cjal-9207	425	45	wounded	wound	VERB
cjal-9207	425	46	its	its	PRON
cjal-9207	425	47	authority	authority	NOUN
cjal-9207	425	48	:	:	PUNCT
cjal-9207	425	49	7	7	NUM
cjal-9207	425	50	°	°	NOUN
cjal-9207	425	51	first	first	ADV
cjal-9207	425	52	,	,	PUNCT
cjal-9207	425	53	the	the	DET
cjal-9207	425	54	protection	protection	NOUN
cjal-9207	425	55	of	of	ADP
cjal-9207	425	56	minority	minority	NOUN
cjal-9207	425	57	public	public	ADJ
cjal-9207	425	58	shareholders	shareholder	NOUN
cjal-9207	425	59	against	against	ADP
cjal-9207	425	60	exploitation	exploitation	NOUN
cjal-9207	425	61	creates	create	VERB
cjal-9207	425	62	different	different	ADJ
cjal-9207	425	63	levels	level	NOUN
cjal-9207	425	64	of	of	ADP
cjal-9207	425	65	tension	tension	NOUN
cjal-9207	425	66	within	within	ADP
cjal-9207	425	67	the	the	DET
cjal-9207	425	68	prc	prc	PROPN
cjal-9207	425	69	political	political	ADJ
cjal-9207	425	70	economy	economy	NOUN
cjal-9207	425	71	than	than	SCONJ
cjal-9207	425	72	does	do	VERB
cjal-9207	425	73	the	the	DET
cjal-9207	425	74	promotion	promotion	NOUN
cjal-9207	425	75	of	of	ADP
cjal-9207	425	76	their	their	PRON
cjal-9207	425	77	active	active	ADJ
cjal-9207	425	78	participation	participation	NOUN
cjal-9207	425	79	.	.	PUNCT
cjal-9207	426	1	if	if	SCONJ
cjal-9207	426	2	a	a	DET
cjal-9207	426	3	higher	high	ADJ
cjal-9207	426	4	level	level	NOUN
cjal-9207	426	5	of	of	ADP
cjal-9207	426	6	csrc	csrc	NOUN
cjal-9207	426	7	intervention	intervention	NOUN
cjal-9207	426	8	is	be	AUX
cjal-9207	426	9	required	require	VERB
cjal-9207	426	10	to	to	PART
cjal-9207	426	11	establish	establish	VERB
cjal-9207	426	12	public	public	ADJ
cjal-9207	426	13	shareholder	shareholder	NOUN
cjal-9207	426	14	participation	participation	NOUN
cjal-9207	426	15	under	under	ADP
cjal-9207	426	16	the	the	DET
cjal-9207	426	17	current	current	ADJ
cjal-9207	426	18	prc	prc	PROPN
cjal-9207	426	19	ownership	ownership	NOUN
cjal-9207	426	20	structures	structure	NOUN
cjal-9207	426	21	and	and	CCONJ
cjal-9207	426	22	political	political	ADJ
cjal-9207	426	23	economy	economy	NOUN
cjal-9207	426	24	,	,	PUNCT
cjal-9207	426	25	this	this	PRON
cjal-9207	426	26	might	might	AUX
cjal-9207	426	27	not	not	PART
cjal-9207	426	28	be	be	AUX
cjal-9207	426	29	tolerated	tolerate	VERB
cjal-9207	426	30	by	by	ADP
cjal-9207	426	31	other	other	ADJ
cjal-9207	426	32	party	party	NOUN
cjal-9207	426	33	-	-	PUNCT
cjal-9207	426	34	state	state	NOUN
cjal-9207	426	35	actors	actor	NOUN
cjal-9207	426	36	(	(	PUNCT
cjal-9207	426	37	including	include	VERB
cjal-9207	426	38	the	the	DET
cjal-9207	426	39	control	control	NOUN
cjal-9207	426	40	parties	party	NOUN
cjal-9207	426	41	in	in	ADP
cjal-9207	426	42	listed	list	VERB
cjal-9207	426	43	firms	firm	NOUN
cjal-9207	426	44	)	)	PUNCT
cjal-9207	426	45	.	.	PUNCT
cjal-9207	427	1	indeed	indeed	ADV
cjal-9207	427	2	,	,	PUNCT
cjal-9207	427	3	the	the	DET
cjal-9207	427	4	csrc	csrc	NOUN
cjal-9207	427	5	or	or	CCONJ
cjal-9207	427	6	any	any	DET
cjal-9207	427	7	other	other	ADJ
cjal-9207	427	8	state	state	NOUN
cjal-9207	427	9	agency	agency	NOUN
cjal-9207	427	10	is	be	AUX
cjal-9207	427	11	more	more	ADV
cjal-9207	427	12	likely	likely	ADJ
cjal-9207	427	13	to	to	PART
cjal-9207	427	14	enforce	enforce	VERB
cjal-9207	427	15	law	law	NOUN
cjal-9207	427	16	,	,	PUNCT
cjal-9207	427	17	regulation	regulation	NOUN
cjal-9207	427	18	or	or	CCONJ
cjal-9207	427	19	policy	policy	NOUN
cjal-9207	427	20	(	(	PUNCT
cjal-9207	427	21	or	or	CCONJ
cjal-9207	427	22	enforce	enforce	VERB
cjal-9207	427	23	them	they	PRON
cjal-9207	427	24	more	more	ADV
cjal-9207	427	25	rigorously	rigorously	ADV
cjal-9207	427	26	)	)	PUNCT
cjal-9207	427	27	,	,	PUNCT
cjal-9207	427	28	even	even	ADV
cjal-9207	427	29	against	against	ADP
cjal-9207	427	30	pure	pure	ADJ
cjal-9207	427	31	oppression	oppression	NOUN
cjal-9207	427	32	or	or	CCONJ
cjal-9207	427	33	fraud	fraud	NOUN
cjal-9207	427	34	,	,	PUNCT
cjal-9207	427	35	when	when	SCONJ
cjal-9207	427	36	minority	minority	NOUN
cjal-9207	427	37	shareholder	shareholder	NOUN
cjal-9207	427	38	rights	right	NOUN
cjal-9207	427	39	are	be	AUX
cjal-9207	427	40	infringed	infringe	VERB
cjal-9207	427	41	upon	upon	SCONJ
cjal-9207	427	42	by	by	ADP
cjal-9207	427	43	a	a	DET
cjal-9207	427	44	non	non	ADJ
cjal-9207	427	45	-	-	ADJ
cjal-9207	427	46	partystate	partystate	ADJ
cjal-9207	427	47	controller	controller	NOUN
cjal-9207	427	48	.	.	PUNCT
cjal-9207	428	1	71	71	NUM
cjal-9207	428	2	the	the	DET
cjal-9207	428	3	recent	recent	ADJ
cjal-9207	428	4	fraud	fraud	NOUN
cjal-9207	428	5	case	case	NOUN
cjal-9207	428	6	involving	involve	VERB
cjal-9207	428	7	shanghai	shanghai	PROPN
cjal-9207	428	8	stock	stock	PROPN
cjal-9207	428	9	exchange	exchange	PROPN
cjal-9207	428	10	-	-	PUNCT
cjal-9207	428	11	listed	list	VERB
cjal-9207	428	12	nanjing	nanjing	PROPN
cjal-9207	428	13	textile	textile	PROPN
cjal-9207	428	14	import	import	PROPN
cjal-9207	428	15	export	export	PROPN
cjal-9207	428	16	corp	corp	PROPN
cjal-9207	428	17	.	.	PROPN
cjal-9207	428	18	,	,	PUNCT
cjal-9207	428	19	ltd	ltd	PROPN
cjal-9207	428	20	.	.	PROPN
cjal-9207	428	21	,	,	PUNCT
cjal-9207	428	22	is	be	AUX
cjal-9207	428	23	a	a	DET
cjal-9207	428	24	good	good	ADJ
cjal-9207	428	25	example	example	NOUN
cjal-9207	428	26	.	.	PUNCT
cjal-9207	429	1	the	the	DET
cjal-9207	429	2	firm	firm	NOUN
cjal-9207	429	3	is	be	AUX
cjal-9207	429	4	a	a	DET
cjal-9207	429	5	state	state	NOUN
cjal-9207	429	6	-	-	PUNCT
cjal-9207	429	7	controlled	control	VERB
cjal-9207	429	8	listed	list	VERB
cjal-9207	429	9	company	company	NOUN
cjal-9207	429	10	with	with	ADP
cjal-9207	429	11	its	its	PRON
cjal-9207	429	12	primary	primary	NOUN
cjal-9207	429	13	(	(	PUNCT
cjal-9207	429	14	then	then	ADV
cjal-9207	429	15	,	,	PUNCT
cjal-9207	429	16	35	35	NUM
cjal-9207	429	17	%	%	NOUN
cjal-9207	429	18	)	)	PUNCT
cjal-9207	429	19	and	and	CCONJ
cjal-9207	429	20	controlling	control	VERB
cjal-9207	429	21	shareholder	shareholder	NOUN
cjal-9207	429	22	being	be	AUX
cjal-9207	429	23	the	the	DET
cjal-9207	429	24	nanjing	nanjing	PROPN
cjal-9207	429	25	municipal	municipal	ADJ
cjal-9207	429	26	branch	branch	NOUN
cjal-9207	429	27	of	of	ADP
cjal-9207	429	28	sasac	sasac	NOUN
cjal-9207	429	29	.	.	PUNCT
cjal-9207	430	1	the	the	DET
cjal-9207	430	2	company	company	NOUN
cjal-9207	430	3	falsified	falsify	VERB
cjal-9207	430	4	profits	profit	NOUN
cjal-9207	430	5	for	for	ADP
cjal-9207	430	6	five	five	NUM
cjal-9207	430	7	consecutive	consecutive	ADJ
cjal-9207	430	8	years	year	NOUN
cjal-9207	430	9	,	,	PUNCT
cjal-9207	430	10	publicly	publicly	ADV
cjal-9207	430	11	disclosing	disclose	VERB
cjal-9207	430	12	non	non	ADJ
cjal-9207	430	13	-	-	ADJ
cjal-9207	430	14	existent	existent	ADJ
cjal-9207	430	15	profits	profit	NOUN
cjal-9207	430	16	of	of	ADP
cjal-9207	430	17	rmb	rmb	PROPN
cjal-9207	430	18	350	350	NUM
cjal-9207	430	19	million	million	NUM
cjal-9207	430	20	(	(	PUNCT
cjal-9207	430	21	approximately	approximately	ADV
cjal-9207	430	22	usd	usd	NOUN
cjal-9207	430	23	54	54	NUM
cjal-9207	430	24	million	million	NUM
cjal-9207	430	25	)	)	PUNCT
cjal-9207	430	26	.	.	PUNCT
cjal-9207	431	1	the	the	DET
cjal-9207	431	2	fraud	fraud	NOUN
cjal-9207	431	3	was	be	AUX
cjal-9207	431	4	designed	design	VERB
cjal-9207	431	5	to	to	PART
cjal-9207	431	6	conceal	conceal	VERB
cjal-9207	431	7	losses	loss	NOUN
cjal-9207	431	8	which	which	PRON
cjal-9207	431	9	would	would	AUX
cjal-9207	431	10	have	have	AUX
cjal-9207	431	11	forced	force	VERB
cjal-9207	431	12	the	the	DET
cjal-9207	431	13	company	company	NOUN
cjal-9207	431	14	to	to	ADP
cjal-9207	431	15	de	de	NOUN
cjal-9207	431	16	-	-	NOUN
cjal-9207	431	17	list	list	NOUN
cjal-9207	431	18	.	.	PUNCT
cjal-9207	432	1	in	in	ADP
cjal-9207	432	2	may	may	PROPN
cjal-9207	432	3	2014	2014	NUM
cjal-9207	432	4	,	,	PUNCT
cjal-9207	432	5	the	the	DET
cjal-9207	432	6	csrc	csrc	NOUN
cjal-9207	432	7	merely	merely	ADV
cjal-9207	432	8	issued	issue	VERB
cjal-9207	432	9	an	an	DET
cjal-9207	432	10	administrative	administrative	ADJ
cjal-9207	432	11	penalty	penalty	NOUN
cjal-9207	432	12	decision	decision	NOUN
cjal-9207	432	13	against	against	ADP
cjal-9207	432	14	the	the	DET
cjal-9207	432	15	company	company	NOUN
cjal-9207	432	16	,	,	PUNCT
cjal-9207	432	17	subjecting	subject	VERB
cjal-9207	432	18	it	it	PRON
cjal-9207	432	19	and	and	CCONJ
cjal-9207	432	20	several	several	ADJ
cjal-9207	432	21	of	of	ADP
cjal-9207	432	22	its	its	PRON
cjal-9207	432	23	managers	manager	NOUN
cjal-9207	432	24	to	to	ADP
cjal-9207	432	25	minor	minor	ADJ
cjal-9207	432	26	fines	fine	NOUN
cjal-9207	432	27	,	,	PUNCT
cjal-9207	432	28	despite	despite	SCONJ
cjal-9207	432	29	broad	broad	ADJ
cjal-9207	432	30	public	public	ADJ
cjal-9207	432	31	calls	call	NOUN
cjal-9207	432	32	for	for	ADP
cjal-9207	432	33	delisting	delisting	NOUN
cjal-9207	432	34	and	and	CCONJ
cjal-9207	432	35	for	for	ADP
cjal-9207	432	36	a	a	DET
cjal-9207	432	37	more	more	ADV
cjal-9207	432	38	rigorous	rigorous	ADJ
cjal-9207	432	39	prosecution	prosecution	NOUN
cjal-9207	432	40	of	of	ADP
cjal-9207	432	41	the	the	DET
cjal-9207	432	42	fraud	fraud	NOUN
cjal-9207	432	43	.	.	PUNCT
cjal-9207	433	1	72	72	NUM
cjal-9207	433	2	if	if	SCONJ
cjal-9207	433	3	this	this	PRON
cjal-9207	433	4	is	be	AUX
cjal-9207	433	5	the	the	DET
cjal-9207	433	6	common	common	ADJ
cjal-9207	433	7	picture	picture	NOUN
cjal-9207	433	8	when	when	SCONJ
cjal-9207	433	9	the	the	DET
cjal-9207	433	10	csrc	csrc	NOUN
cjal-9207	433	11	is	be	AUX
cjal-9207	433	12	called	call	VERB
cjal-9207	433	13	upon	upon	SCONJ
cjal-9207	433	14	in	in	ADP
cjal-9207	433	15	70	70	NUM
cjal-9207	433	16	party	party	NOUN
cjal-9207	433	17	disciplinary	disciplinary	ADJ
cjal-9207	433	18	proceedings	proceeding	NOUN
cjal-9207	433	19	took	take	VERB
cjal-9207	433	20	place	place	NOUN
cjal-9207	433	21	against	against	ADP
cjal-9207	433	22	yao	yao	PROPN
cjal-9207	433	23	gang	gang	NOUN
cjal-9207	433	24	-	-	PUNCT
cjal-9207	433	25	vice	vice	NOUN
cjal-9207	433	26	chairman	chairman	NOUN
cjal-9207	433	27	of	of	ADP
cjal-9207	433	28	the	the	DET
cjal-9207	433	29	csrc	csrc	NOUN
cjal-9207	433	30	-	-	PUNCT
cjal-9207	433	31	and	and	CCONJ
cjal-9207	433	32	zhang	zhang	PROPN
cjal-9207	433	33	yujun	yujun	PROPN
cjal-9207	433	34	-	-	PUNCT
cjal-9207	433	35	assistant	assistant	ADJ
cjal-9207	433	36	chairman	chairman	NOUN
cjal-9207	433	37	of	of	ADP
cjal-9207	433	38	the	the	DET
cjal-9207	433	39	csrc	csrc	NOUN
cjal-9207	433	40	.	.	PUNCT
cjal-9207	434	1	see	see	VERB
cjal-9207	434	2	,	,	PUNCT
cjal-9207	434	3	e.g.	e.g.	ADV
cjal-9207	434	4	,	,	PUNCT
cjal-9207	434	5	zhongyang	zhongyang	PROPN
cjal-9207	434	6	jiwei	jiwei	PROPN
cjal-9207	435	1	jiancha	jiancha	PROPN
cjal-9207	436	1	bu	bu	PROPN
cjal-9207	437	1	(	(	PUNCT
cjal-9207	437	2	'	'	PUNCT
cjal-9207	437	3	p	p	NOUN
cjal-9207	437	4	9c	9c	NUM
cjal-9207	437	5	ti	ti	NOUN
cjal-9207	437	6	:	:	PUNCT
cjal-9207	437	7	~fill~	~fill~	NOUN
cjal-9207	437	8	ffil	ffil	NOUN
cjal-9207	437	9	)	)	PUNCT
cjal-9207	438	1	[	[	X
cjal-9207	438	2	central	central	ADJ
cjal-9207	438	3	commission	commission	NOUN
cjal-9207	438	4	for	for	ADP
cjal-9207	438	5	discipline	discipline	NOUN
cjal-9207	438	6	inspection	inspection	NOUN
cjal-9207	438	7	]	]	PUNCT
cjal-9207	438	8	,	,	PUNCT
cjal-9207	438	9	zhongguo	zhongguo	PROPN
cjal-9207	438	10	zhengquan	zhengquan	PROPN
cjal-9207	438	11	jiandu	jiandu	PROPN
cjal-9207	438	12	guanli	guanli	PROPN
cjal-9207	438	13	weiyuanhui	weiyuanhui	PROPN
cjal-9207	438	14	dangwei	dangwei	PROPN
cjal-9207	438	15	weiyuan	weiyuan	PROPN
cjal-9207	438	16	,	,	PUNCT
cjal-9207	438	17	fu	fu	PROPN
cjal-9207	438	18	zhuxi	zhuxi	PROPN
cjal-9207	438	19	yao	yao	PROPN
cjal-9207	438	20	gang	gang	PROPN
cjal-9207	438	21	shexian	shexian	PROPN
cjal-9207	438	22	yanzhong	yanzhong	PROPN
cjal-9207	438	23	weiji	weiji	PROPN
cjal-9207	438	24	jieshou	jieshou	PROPN
cjal-9207	438	25	zuzhi	zuzhi	PROPN
cjal-9207	438	26	diaocha	diaocha	PROPN
cjal-9207	438	27	(	(	PUNCT
cjal-9207	438	28	rt	rt	INTJ
cjal-9207	438	29	,	,	PUNCT
cjal-9207	438	30	ooiie*llii	ooiie*llii	ADJ
cjal-9207	438	31	~	~	SYM
cjal-9207	438	32	tl':f!l~~{t	tl':f!l~~{t	NOUN
cjal-9207	438	33	,	,	PUNCT
cjal-9207	438	34	jl:~~_m	jl:~~_m	NOUN
cjal-9207	438	35	,	,	PUNCT
cjal-9207	438	36	!	!	PUNCT
cjal-9207	439	1	i!jj.:tfft	i!jj.:tfft	NOUN
cjal-9207	439	2	!	!	PUNCT
cjal-9207	439	3	dlif1	dlif1	PROPN
cjal-9207	440	1	~	~	SYM
cjal-9207	440	2	iffetllp	iffetllp	NOUN
cjal-9207	440	3	:	:	PUNCT
cjal-9207	440	4	iiiitcf	iiiitcf	NOUN
cjal-9207	440	5	:	:	PUNCT
cjal-9207	440	6	t	t	PROPN
cjal-9207	440	7	~	~	SYM
cjal-9207	440	8	ffi.i'ril	ffi.i'ril	ADJ
cjal-9207	440	9	,	,	PUNCT
cjal-9207	440	10	h01	h01	NOUN
cjal-9207	440	11	/	/	SYM
cjal-9207	440	12	n	n	NOUN
cjal-9207	440	13	vestigation	vestigation	NOUN
cjal-9207	440	14	of	of	ADP
cjal-9207	440	15	yao	yao	PROPN
cjal-9207	440	16	gang	gang	PROPN
cjal-9207	440	17	,	,	PUNCT
cjal-9207	440	18	member	member	NOUN
cjal-9207	440	19	of	of	ADP
cjal-9207	440	20	the	the	DET
cjal-9207	440	21	party	party	PROPN
cjal-9207	440	22	committee	committee	PROPN
cjal-9207	440	23	and	and	CCONJ
cjal-9207	440	24	deputy	deputy	NOUN
cjal-9207	440	25	chairman	chairman	NOUN
cjal-9207	440	26	of	of	ADP
cjal-9207	440	27	csrc	csrc	NOUN
cjal-9207	440	28	,	,	PUNCT
cjal-9207	440	29	under	under	ADP
cjal-9207	440	30	suspicion	suspicion	NOUN
cjal-9207	440	31	of	of	ADP
cjal-9207	440	32	serious	serious	ADJ
cjal-9207	440	33	disciplinary	disciplinary	ADJ
cjal-9207	440	34	violations	violation	NOUN
cjal-9207	440	35	]	]	PUNCT
cjal-9207	440	36	(	(	PUNCT
cjal-9207	440	37	nov	nov	PROPN
cjal-9207	440	38	.	.	PROPN
cjal-9207	440	39	13	13	NUM
cjal-9207	440	40	,	,	PUNCT
cjal-9207	440	41	2015	2015	NUM
cjal-9207	440	42	)	)	PUNCT
cjal-9207	440	43	,	,	PUNCT
cjal-9207	440	44	http	http	NOUN
cjal-9207	440	45	:	:	PUNCT
cjal-9207	440	46	//www.ccdi.gov	//www.ccdi.gov	PUNCT
cjal-9207	440	47	.cn	.cn	SYM
cjal-9207	440	48	/	/	SYM
cjal-9207	440	49	jlsc	jlsc	PROPN
cjal-9207	440	50	/	/	SYM
cjal-9207	440	51	zggb	zggb	PROPN
cjal-9207	440	52	/	/	SYM
cjal-9207	440	53	jlsc_zggb/201607	jlsc_zggb/201607	PROPN
cjal-9207	440	54	/	/	SYM
cjal-9207	440	55	t20160104_83027.html	t20160104_83027.html	PROPN
cjal-9207	440	56	.	.	PUNCT
cjal-9207	441	1	more	more	ADV
cjal-9207	441	2	formal	formal	ADJ
cjal-9207	441	3	institutional	institutional	ADJ
cjal-9207	441	4	consequences	consequence	NOUN
cjal-9207	441	5	in	in	ADP
cjal-9207	441	6	such	such	ADJ
cjal-9207	441	7	directions	direction	NOUN
cjal-9207	441	8	can	can	AUX
cjal-9207	441	9	be	be	AUX
cjal-9207	441	10	seen	see	VERB
cjal-9207	441	11	in	in	ADP
cjal-9207	441	12	the	the	DET
cjal-9207	441	13	removal	removal	NOUN
cjal-9207	441	14	of	of	ADP
cjal-9207	441	15	xiao	xiao	PROPN
cjal-9207	441	16	gang	gang	PROPN
cjal-9207	441	17	-	-	PUNCT
cjal-9207	441	18	the	the	DET
cjal-9207	441	19	chairman	chairman	NOUN
cjal-9207	441	20	of	of	ADP
cjal-9207	441	21	the	the	DET
cjal-9207	441	22	csrc	csrc	NOUN
cjal-9207	441	23	-	-	PUNCT
cjal-9207	441	24	from	from	ADP
cjal-9207	441	25	his	his	PRON
cjal-9207	441	26	position	position	NOUN
cjal-9207	441	27	following	follow	VERB
cjal-9207	441	28	the	the	DET
cjal-9207	441	29	crises	crisis	NOUN
cjal-9207	441	30	:	:	PUNCT
cjal-9207	441	31	see	see	VERB
cjal-9207	441	32	,	,	PUNCT
cjal-9207	441	33	e.g.	e.g.	ADV
cjal-9207	441	34	,	,	PUNCT
cjal-9207	441	35	china	china	PROPN
cjal-9207	441	36	removes	remove	VERB
cjal-9207	441	37	xiao	xiao	PROPN
cjal-9207	441	38	as	as	ADP
cjal-9207	441	39	csrc	csrc	PROPN
cjal-9207	441	40	head	head	PROPN
cjal-9207	441	41	after	after	ADP
cjal-9207	441	42	stock	stock	NOUN
cjal-9207	441	43	market	market	NOUN
cjal-9207	441	44	meltdown	meltdown	NOUN
cjal-9207	441	45	,	,	PUNCT
cjal-9207	442	1	bloomberg	bloomberg	PROPN
cjal-9207	442	2	news	news	PROPN
cjal-9207	442	3	(	(	PUNCT
cjal-9207	442	4	feb	feb	PROPN
cjal-9207	442	5	.	.	PROPN
cjal-9207	442	6	20	20	NUM
cjal-9207	442	7	,	,	PUNCT
cjal-9207	442	8	2016	2016	NUM
cjal-9207	442	9	)	)	PUNCT
cjal-9207	442	10	,	,	PUNCT
cjal-9207	442	11	http	http	ADV
cjal-9207	442	12	:	:	PUNCT
cjal-9207	442	13	//www.bloomberg.com	//www.bloomberg.com	PUNCT
cjal-9207	442	14	/	/	SYM
cjal-9207	442	15	news	news	NOUN
cjal-9207	442	16	/	/	SYM
cjal-9207	442	17	articles/2016	articles/2016	PROPN
cjal-9207	442	18	-	-	PUNCT
cjal-9207	442	19	02	02	NUM
cjal-9207	442	20	-	-	PUNCT
cjal-9207	442	21	19	19	NUM
cjal-9207	442	22	/	/	SYM
cjal-9207	442	23	head	head	NOUN
cjal-9207	442	24	-	-	PUNCT
cjal-9207	442	25	of	of	ADP
cjal-9207	442	26	-	-	PUNCT
cjal-9207	442	27	china	china	PROPN
cjal-9207	442	28	-	-	PUNCT
cjal-9207	442	29	s	s	NOUN
cjal-9207	442	30	-	-	PUNCT
cjal-9207	442	31	securitiesregulator	securitiesregulator	NOUN
cjal-9207	442	32	-	-	PUNCT
cjal-9207	442	33	to	to	ADP
cjal-9207	442	34	-	-	PUNCT
cjal-9207	442	35	step	step	VERB
cjal-9207	442	36	-	-	PUNCT
cjal-9207	442	37	down	down	ADP
cjal-9207	442	38	-	-	PUNCT
cjal-9207	442	39	wsj	wsj	NOUN
cjal-9207	442	40	-	-	PUNCT
cjal-9207	442	41	reports	report	NOUN
cjal-9207	442	42	.	.	PUNCT
cjal-9207	443	1	11	11	NUM
cjal-9207	443	2	henk	henk	PROPN
cjal-9207	443	3	berkman	berkman	PROPN
cjal-9207	443	4	et	et	PROPN
cjal-9207	443	5	al	al	PROPN
cjal-9207	443	6	.	.	PROPN
cjal-9207	443	7	,	,	PUNCT
cjal-9207	443	8	political	political	ADJ
cjal-9207	443	9	connections	connection	NOUN
cjal-9207	443	10	and	and	CCONJ
cjal-9207	443	11	minority	minority	NOUN
cjal-9207	443	12	-	-	PUNCT
cjal-9207	443	13	shareholder	shareholder	NOUN
cjal-9207	443	14	protection	protection	NOUN
cjal-9207	443	15	:	:	PUNCT
cjal-9207	443	16	evidence	evidence	NOUN
cjal-9207	443	17	from	from	ADP
cjal-9207	443	18	securities	security	NOUN
cjal-9207	443	19	-	-	PUNCT
cjal-9207	443	20	market	market	NOUN
cjal-9207	443	21	regulation	regulation	NOUN
cjal-9207	443	22	in	in	ADP
cjal-9207	443	23	china	china	PROPN
cjal-9207	443	24	,	,	PUNCT
cjal-9207	443	25	45	45	NUM
cjal-9207	443	26	j.	j.	PROPN
cjal-9207	443	27	fix	fix	PROPN
cjal-9207	443	28	&	&	CCONJ
cjal-9207	443	29	quantitative	quantitative	ADJ
cjal-9207	443	30	analysis	analysis	NOUN
cjal-9207	443	31	1391	1391	NUM
cjal-9207	443	32	,	,	PUNCT
cjal-9207	443	33	1393	1393	NUM
cjal-9207	443	34	(	(	PUNCT
cjal-9207	443	35	2010	2010	NUM
cjal-9207	443	36	)	)	PUNCT
cjal-9207	443	37	.	.	PUNCT
cjal-9207	444	1	12	12	NUM
cjal-9207	444	2	see	see	NOUN
cjal-9207	444	3	zhongguo	zhongguo	PROPN
cjal-9207	444	4	zhengjianhui	zhengjianhui	PROPN
cjal-9207	444	5	xingzheng	xingzheng	PROPN
cjal-9207	445	1	chu.fa	chu.fa	PROPN
cjal-9207	445	2	juedingshu	juedingshu	NOUN
cjal-9207	445	3	(	(	PUNCT
cjal-9207	445	4	nanjing	nanjing	PROPN
cjal-9207	445	5	fanzhipin	fanzhipin	PROPN
cjal-9207	445	6	jinchukou	jinchukou	PROPN
cjal-9207	445	7	fufen	fufen	PROPN
cjal-9207	445	8	youxian	youxian	PROPN
cjal-9207	445	9	gongsi	gongsi	PROPN
cjal-9207	445	10	,	,	PUNCT
cjal-9207	445	11	dan	dan	PROPN
cjal-9207	445	12	xiaozhong	xiaozhong	PROPN
cjal-9207	445	13	,	,	PUNCT
cjal-9207	445	14	ding	ding	PROPN
cjal-9207	445	15	jie	jie	PROPN
cjal-9207	445	16	deng	deng	PROPN
cjal-9207	445	17	13	13	NUM
cjal-9207	445	18	ming	ming	PROPN
cjal-9207	445	19	zefuren	zefuren	PROPN
cjal-9207	445	20	)	)	PUNCT
cjal-9207	445	21	(	(	PUNCT
cjal-9207	445	22	'	'	PUNCT
cjal-9207	445	23	p	p	X
cjal-9207	445	24	ill	ill	ADJ
cjal-9207	445	25	:	:	PUNCT
cjal-9207	445	26	lla	lla	X
cjal-9207	445	27	{	{	PUNCT
cjal-9207	445	28	t	t	PROPN
cjal-9207	445	29	,	,	PUNCT
cjal-9207	445	30	frjij[~	frjij[~	PROPN
cjal-9207	445	31	f	f	PROPN
cjal-9207	445	32	,	,	PUNCT
cjal-9207	445	33	j	j	PROPN
cjal-9207	445	34	~)e	~)e	PUNCT
cjal-9207	445	35	c	c	X
cjal-9207	445	36	ffl"~tmr	ffl"~tmr	NOUN
cjal-9207	445	37	~ill	~ill	NOUN
cjal-9207	445	38	l±l	l±l	PROPN
cjal-9207	445	39	!	!	PUNCT
cjal-9207	446	1	j	j	PROPN
cjal-9207	446	2	in	in	ADP
cjal-9207	446	3	-	-	PUNCT
cjal-9207	446	4	f1hflllh~	f1hflllh~	NOUN
cjal-9207	446	5	i'rj	i'rj	NOUN
cjal-9207	446	6	,	,	PUNCT
cjal-9207	446	7	-4\	-4\	PUNCT
cjal-9207	447	1	~	~	NOUN
cjal-9207	447	2	#	#	NOUN
cjal-9207	447	3	,	,	PUNCT
cjal-9207	447	4	t	t	PROPN
cjal-9207	447	5	*	*	PROPN
cjal-9207	447	6	.~	.~	PROPN
cjal-9207	447	7	13~	13~	PROPN
cjal-9207	447	8	~-ff.a	~-ff.a	PROPN
cjal-9207	447	9	.	.	PUNCT
cjal-9207	447	10	)	)	PUNCT
cjal-9207	447	11	)	)	PUNCT
cjal-9207	448	1	22	22	NUM
cjal-9207	448	2	columbia	columbia	PROPN
cjal-9207	448	3	jo	jo	PROPN
cjal-9207	448	4	urnal	urnal	PROPN
cjal-9207	448	5	of	of	ADP
cjal-9207	448	6	asian	asian	ADJ
cjal-9207	448	7	law	law	NOUN
cjal-9207	449	1	[	[	X
cjal-9207	449	2	vol	vol	NOUN
cjal-9207	449	3	.	.	PUNCT
cjal-9207	450	1	30:1	30:1	NUM
cjal-9207	450	2	cases	case	NOUN
cjal-9207	450	3	of	of	ADP
cjal-9207	450	4	minority	minority	NOUN
cjal-9207	450	5	public	public	ADJ
cjal-9207	450	6	shareholder	shareholder	NOUN
cjal-9207	450	7	protection	protection	NOUN
cjal-9207	450	8	against	against	ADP
cjal-9207	450	9	pure	pure	ADJ
cjal-9207	450	10	oppression	oppression	NOUN
cjal-9207	450	11	,	,	PUNCT
cjal-9207	450	12	it	it	PRON
cjal-9207	450	13	is	be	AUX
cjal-9207	450	14	likely	likely	ADJ
cjal-9207	450	15	that	that	SCONJ
cjal-9207	450	16	its	its	PRON
cjal-9207	450	17	powers	power	NOUN
cjal-9207	450	18	to	to	PART
cjal-9207	450	19	actively	actively	ADV
cjal-9207	450	20	promote	promote	VERB
cjal-9207	450	21	participation	participation	NOUN
cjal-9207	450	22	rights	right	NOUN
cjal-9207	450	23	in	in	ADP
cjal-9207	450	24	such	such	ADJ
cjal-9207	450	25	firms	firm	NOUN
cjal-9207	450	26	are	be	AUX
cjal-9207	450	27	even	even	ADV
cjal-9207	450	28	further	far	ADV
cjal-9207	450	29	hindered	hinder	VERB
cjal-9207	450	30	.	.	PUNCT
cjal-9207	451	1	second	second	ADV
cjal-9207	451	2	,	,	PUNCT
cjal-9207	451	3	the	the	DET
cjal-9207	451	4	csrc	csrc	NOUN
cjal-9207	451	5	is	be	AUX
cjal-9207	451	6	but	but	CCONJ
cjal-9207	451	7	only	only	ADV
cjal-9207	451	8	one	one	NUM
cjal-9207	451	9	state	state	NOUN
cjal-9207	451	10	-	-	PUNCT
cjal-9207	451	11	organ	organ	NOUN
cjal-9207	451	12	which	which	PRON
cjal-9207	451	13	occupies	occupy	VERB
cjal-9207	451	14	a	a	DET
cjal-9207	451	15	position	position	NOUN
cjal-9207	451	16	among	among	ADP
cjal-9207	451	17	other	other	ADJ
cjal-9207	451	18	ministry	ministry	NOUN
cjal-9207	451	19	-	-	PUNCT
cjal-9207	451	20	level	level	NOUN
cjal-9207	451	21	organs	organ	NOUN
cjal-9207	451	22	-	-	PUNCT
cjal-9207	451	23	including	include	VERB
cjal-9207	451	24	listed	list	VERB
cjal-9207	451	25	firm	firm	ADJ
cjal-9207	451	26	control	control	NOUN
cjal-9207	451	27	groups	group	NOUN
cjal-9207	451	28	-	-	PUNCT
cjal-9207	451	29	with	with	ADP
cjal-9207	451	30	respect	respect	NOUN
cjal-9207	451	31	to	to	ADP
cjal-9207	451	32	control	control	NOUN
cjal-9207	451	33	parties	party	NOUN
cjal-9207	451	34	,	,	PUNCT
cjal-9207	451	35	prc	prc	PROPN
cjal-9207	451	36	institutional	institutional	ADJ
cjal-9207	451	37	investors	investor	NOUN
cjal-9207	451	38	and	and	CCONJ
cjal-9207	451	39	chinese	chinese	ADJ
cjal-9207	451	40	financial	financial	ADJ
cjal-9207	451	41	institutions	institution	NOUN
cjal-9207	451	42	.	.	PUNCT
cjal-9207	452	1	overlapping	overlap	VERB
cjal-9207	452	2	authorities	authority	NOUN
cjal-9207	452	3	,	,	PUNCT
cjal-9207	452	4	for	for	ADP
cjal-9207	452	5	example	example	NOUN
cjal-9207	452	6	,	,	PUNCT
cjal-9207	452	7	might	might	AUX
cjal-9207	452	8	make	make	VERB
cjal-9207	452	9	it	it	PRON
cjal-9207	452	10	difficult	difficult	ADJ
cjal-9207	452	11	for	for	SCONJ
cjal-9207	452	12	the	the	DET
cjal-9207	452	13	csrc	csrc	NOUN
cjal-9207	452	14	to	to	PART
cjal-9207	452	15	mandate	mandate	VERB
cjal-9207	452	16	and	and	CCONJ
cjal-9207	452	17	enforce	enforce	VERB
cjal-9207	452	18	actual	actual	ADJ
cjal-9207	452	19	voting	voting	NOUN
cjal-9207	452	20	at	at	ADP
cjal-9207	452	21	shareholders	shareholder	NOUN
cjal-9207	452	22	'	'	PART
cjal-9207	452	23	meetings	meeting	NOUN
cjal-9207	452	24	by	by	ADP
cjal-9207	452	25	party	party	NOUN
cjal-9207	452	26	-	-	PUNCT
cjal-9207	452	27	state	state	NOUN
cjal-9207	452	28	-	-	PUNCT
cjal-9207	452	29	tied	tie	VERB
cjal-9207	452	30	institutional	institutional	ADJ
cjal-9207	452	31	investors	investor	NOUN
cjal-9207	452	32	who	who	PRON
cjal-9207	452	33	in	in	ADP
cjal-9207	452	34	other	other	ADJ
cjal-9207	452	35	systems	system	NOUN
cjal-9207	452	36	are	be	AUX
cjal-9207	452	37	considered	consider	VERB
cjal-9207	452	38	the	the	DET
cjal-9207	452	39	ultimate	ultimate	ADJ
cjal-9207	452	40	candidates	candidate	NOUN
cjal-9207	452	41	for	for	ADP
cjal-9207	452	42	action	action	NOUN
cjal-9207	452	43	on	on	ADP
cjal-9207	452	44	behalf	behalf	NOUN
cjal-9207	452	45	of	of	ADP
cjal-9207	452	46	minority	minority	NOUN
cjal-9207	452	47	public	public	ADJ
cjal-9207	452	48	shareholders	shareholder	NOUN
cjal-9207	452	49	.	.	PUNCT
cjal-9207	453	1	this	this	DET
cjal-9207	453	2	example	example	NOUN
cjal-9207	453	3	suggests	suggest	VERB
cjal-9207	453	4	that	that	SCONJ
cjal-9207	453	5	there	there	PRON
cjal-9207	453	6	may	may	AUX
cjal-9207	453	7	not	not	PART
cjal-9207	453	8	be	be	AUX
cjal-9207	453	9	a	a	DET
cjal-9207	453	10	suitable	suitable	ADJ
cjal-9207	453	11	market	market	NOUN
cjal-9207	453	12	player	player	NOUN
cjal-9207	453	13	able	able	ADJ
cjal-9207	453	14	or	or	CCONJ
cjal-9207	453	15	willing	willing	ADJ
cjal-9207	453	16	to	to	PART
cjal-9207	453	17	take	take	VERB
cjal-9207	453	18	up	up	ADP
cjal-9207	453	19	a	a	DET
cjal-9207	453	20	regulatory	regulatory	ADJ
cjal-9207	453	21	or	or	CCONJ
cjal-9207	453	22	statutory	statutory	ADJ
cjal-9207	453	23	invitation	invitation	NOUN
cjal-9207	453	24	for	for	ADP
cjal-9207	453	25	enhanced	enhanced	ADJ
cjal-9207	453	26	participation	participation	NOUN
cjal-9207	453	27	,	,	PUNCT
cjal-9207	453	28	even	even	ADV
cjal-9207	453	29	when	when	SCONJ
cjal-9207	453	30	such	such	ADJ
cjal-9207	453	31	is	be	AUX
cjal-9207	453	32	given.73	given.73	PROPN
cjal-9207	453	33	ii	ii	PROPN
cjal-9207	453	34	.	.	PUNCT
cjal-9207	454	1	new	new	ADJ
cjal-9207	454	2	paradigms	paradigm	NOUN
cjal-9207	454	3	-	-	PUNCT
cjal-9207	454	4	possibilities	possibility	NOUN
cjal-9207	454	5	for	for	ADP
cjal-9207	454	6	minority	minority	NOUN
cjal-9207	454	7	public	public	ADJ
cjal-9207	454	8	shareholders	shareholder	NOUN
cjal-9207	454	9	in	in	ADP
cjal-9207	454	10	china	china	PROPN
cjal-9207	454	11	's	's	PART
cjal-9207	454	12	concentrated	concentrate	VERB
cjal-9207	454	13	capital	capital	NOUN
cjal-9207	454	14	markets	market	NOUN
cjal-9207	454	15	even	even	ADV
cjal-9207	454	16	if	if	SCONJ
cjal-9207	454	17	china	china	PROPN
cjal-9207	454	18	's	's	PART
cjal-9207	454	19	corporate	corporate	ADJ
cjal-9207	454	20	governance	governance	NOUN
cjal-9207	454	21	system	system	NOUN
cjal-9207	454	22	provides	provide	VERB
cjal-9207	454	23	uniquely	uniquely	ADV
cjal-9207	454	24	chinese	chinese	ADJ
cjal-9207	454	25	monitoring	monitoring	NOUN
cjal-9207	454	26	mechanisms	mechanism	NOUN
cjal-9207	454	27	and	and	CCONJ
cjal-9207	454	28	does	do	VERB
cjal-9207	454	29	at	at	ADP
cjal-9207	454	30	some	some	DET
cjal-9207	454	31	level	level	NOUN
cjal-9207	454	32	protect	protect	NOUN
cjal-9207	454	33	minority	minority	NOUN
cjal-9207	454	34	shareholders	shareholder	NOUN
cjal-9207	454	35	against	against	ADP
cjal-9207	454	36	exploitation	exploitation	NOUN
cjal-9207	454	37	,	,	PUNCT
cjal-9207	454	38	and	and	CCONJ
cjal-9207	454	39	even	even	ADV
cjal-9207	454	40	if	if	SCONJ
cjal-9207	454	41	china	china	PROPN
cjal-9207	454	42	's	's	PART
cjal-9207	454	43	controlling	control	VERB
cjal-9207	454	44	shareholder	shareholder	NOUN
cjal-9207	454	45	groups	group	NOUN
cjal-9207	454	46	are	be	AUX
cjal-9207	454	47	somewhat	somewhat	ADV
cjal-9207	454	48	restrained	restrained	ADJ
cjal-9207	454	49	,	,	PUNCT
cjal-9207	454	50	an	an	DET
cjal-9207	454	51	important	important	ADJ
cjal-9207	454	52	question	question	NOUN
cjal-9207	454	53	still	still	ADV
cjal-9207	454	54	remains	remain	VERB
cjal-9207	454	55	:	:	PUNCT
cjal-9207	454	56	are	be	AUX
cjal-9207	454	57	there	there	PRON
cjal-9207	454	58	chinese	chinese	ADJ
cjal-9207	454	59	actors	actor	NOUN
cjal-9207	454	60	,	,	PUNCT
cjal-9207	454	61	institutions	institution	NOUN
cjal-9207	454	62	,	,	PUNCT
cjal-9207	454	63	or	or	CCONJ
cjal-9207	454	64	practices	practice	NOUN
cjal-9207	454	65	which	which	PRON
cjal-9207	454	66	can	can	AUX
cjal-9207	454	67	enable	enable	VERB
cjal-9207	454	68	the	the	DET
cjal-9207	454	69	shift	shift	NOUN
cjal-9207	454	70	towards	towards	ADP
cjal-9207	454	71	greater	great	ADJ
cjal-9207	454	72	minority	minority	NOUN
cjal-9207	454	73	shareholder	shareholder	NOUN
cjal-9207	454	74	involvement	involvement	NOUN
cjal-9207	454	75	that	that	PRON
cjal-9207	454	76	i	i	PRON
cjal-9207	454	77	have	have	AUX
cjal-9207	454	78	argued	argue	VERB
cjal-9207	454	79	is	be	AUX
cjal-9207	454	80	evident	evident	ADJ
cjal-9207	454	81	in	in	ADP
cjal-9207	454	82	other	other	ADJ
cjal-9207	454	83	global	global	ADJ
cjal-9207	454	84	markets	market	NOUN
cjal-9207	454	85	?	?	PUNCT
cjal-9207	455	1	in	in	ADP
cjal-9207	455	2	this	this	DET
cjal-9207	455	3	section	section	NOUN
cjal-9207	455	4	,	,	PUNCT
cjal-9207	455	5	i	i	PRON
cjal-9207	455	6	address	address	VERB
cjal-9207	455	7	that	that	DET
cjal-9207	455	8	question	question	NOUN
cjal-9207	455	9	from	from	ADP
cjal-9207	455	10	two	two	NUM
cjal-9207	455	11	angles	angle	NOUN
cjal-9207	455	12	:	:	PUNCT
cjal-9207	455	13	first	first	ADV
cjal-9207	455	14	,	,	PUNCT
cjal-9207	455	15	i	i	PRON
cjal-9207	455	16	examine	examine	VERB
cjal-9207	455	17	whether	whether	SCONJ
cjal-9207	455	18	examples	example	NOUN
cjal-9207	455	19	from	from	ADP
cjal-9207	455	20	other	other	ADJ
cjal-9207	455	21	concentrated	concentrated	ADJ
cjal-9207	455	22	markets	market	NOUN
cjal-9207	455	23	apply	apply	VERB
cjal-9207	455	24	to	to	ADP
cjal-9207	455	25	the	the	DET
cjal-9207	455	26	chinese	chinese	ADJ
cjal-9207	455	27	circumstance	circumstance	NOUN
cjal-9207	455	28	.	.	PUNCT
cjal-9207	456	1	second	second	ADJ
cjal-9207	456	2	,	,	PUNCT
cjal-9207	456	3	i	i	PRON
cjal-9207	456	4	examine	examine	VERB
cjal-9207	456	5	perhaps	perhaps	ADV
cjal-9207	456	6	idiosyncratic	idiosyncratic	ADJ
cjal-9207	456	7	ways	way	NOUN
cjal-9207	456	8	in	in	ADP
cjal-9207	456	9	which	which	PRON
cjal-9207	456	10	china	china	PROPN
cjal-9207	456	11	can	can	AUX
cjal-9207	456	12	advance	advance	VERB
cjal-9207	456	13	minority	minority	NOUN
cjal-9207	456	14	public	public	ADJ
cjal-9207	456	15	shareholder	shareholder	NOUN
cjal-9207	456	16	monitoring	monitoring	NOUN
cjal-9207	456	17	and	and	CCONJ
cjal-9207	456	18	governance	governance	NOUN
cjal-9207	456	19	participation	participation	NOUN
cjal-9207	456	20	,	,	PUNCT
cjal-9207	456	21	even	even	ADV
cjal-9207	456	22	in	in	ADP
cjal-9207	456	23	its	its	PRON
cjal-9207	456	24	highly	highly	ADV
cjal-9207	456	25	-	-	PUNCT
cjal-9207	456	26	concentrated	concentrate	VERB
cjal-9207	456	27	markets	market	NOUN
cjal-9207	456	28	.	.	PUNCT
cjal-9207	457	1	a.	a.	NOUN
cjal-9207	457	2	mechanisms	mechanism	NOUN
cjal-9207	457	3	from	from	ADP
cjal-9207	457	4	other	other	ADJ
cjal-9207	457	5	concentrated	concentrated	ADJ
cjal-9207	457	6	markets	market	NOUN
cjal-9207	457	7	-	-	PUNCT
cjal-9207	457	8	applicable	applicable	ADJ
cjal-9207	457	9	to	to	ADP
cjal-9207	457	10	china	china	PROPN
cjal-9207	457	11	?	?	PUNCT
cjal-9207	458	1	l.	l.	PROPN
cjal-9207	458	2	overcoming	overcome	VERB
cjal-9207	458	3	a	a	DET
cjal-9207	458	4	conceptual	conceptual	ADJ
cjal-9207	458	5	barrier	barrier	NOUN
cjal-9207	458	6	the	the	DET
cjal-9207	458	7	idea	idea	NOUN
cjal-9207	458	8	of	of	ADP
cjal-9207	458	9	meaningful	meaningful	ADJ
cjal-9207	458	10	minority	minority	NOUN
cjal-9207	458	11	public	public	ADJ
cjal-9207	458	12	shareholder	shareholder	NOUN
cjal-9207	458	13	involvement	involvement	NOUN
cjal-9207	458	14	in	in	ADP
cjal-9207	458	15	the	the	DET
cjal-9207	458	16	governance	governance	NOUN
cjal-9207	458	17	of	of	ADP
cjal-9207	458	18	prc	prc	PROPN
cjal-9207	458	19	's	's	PART
cjal-9207	458	20	corporatized	corporatize	VERB
cjal-9207	458	21	so	so	ADV
cjal-9207	458	22	es	es	PROPN
cjal-9207	458	23	might	might	AUX
cjal-9207	458	24	seem	seem	VERB
cjal-9207	458	25	a	a	DET
cjal-9207	458	26	non	non	ADJ
cjal-9207	458	27	-	-	NOUN
cjal-9207	458	28	starter	starter	ADJ
cjal-9207	458	29	in	in	ADP
cjal-9207	458	30	an	an	DET
cjal-9207	458	31	authoritarian	authoritarian	ADJ
cjal-9207	458	32	state	state	NOUN
cjal-9207	458	33	like	like	ADP
cjal-9207	458	34	china	china	PROPN
cjal-9207	458	35	where	where	SCONJ
cjal-9207	458	36	civil	civil	ADJ
cjal-9207	458	37	society	society	NOUN
cjal-9207	458	38	is	be	AUX
cjal-9207	458	39	generally	generally	ADV
cjal-9207	458	40	highly	highly	ADV
cjal-9207	458	41	[	[	X
cjal-9207	458	42	administrative	administrative	ADJ
cjal-9207	458	43	penalty	penalty	NOUN
cjal-9207	458	44	decision	decision	NOUN
cjal-9207	458	45	(	(	PUNCT
cjal-9207	458	46	nanjing	nanjing	PROPN
cjal-9207	458	47	textile	textile	PROPN
cjal-9207	458	48	import	import	PROPN
cjal-9207	458	49	&	&	CCONJ
cjal-9207	458	50	export	export	PROPN
cjal-9207	458	51	co.	co.	PROPN
cjal-9207	458	52	,	,	PUNCT
cjal-9207	458	53	shan	shan	PROPN
cjal-9207	458	54	xiaozhong	xiaozhong	PROPN
cjal-9207	458	55	,	,	PUNCT
cjal-9207	458	56	ding	ding	PROPN
cjal-9207	458	57	jie	jie	PROPN
cjal-9207	458	58	and	and	CCONJ
cjal-9207	458	59	13	13	NUM
cjal-9207	458	60	responsible	responsible	ADJ
cjal-9207	458	61	persons	person	NOUN
cjal-9207	458	62	)	)	PUNCT
cjal-9207	458	63	,	,	PUNCT
cjal-9207	458	64	zhongguo	zhongguo	PROPN
cjal-9207	458	65	zhengquan	zhengquan	PROPN
cjal-9207	458	66	jiandu	jiandu	PROPN
cjal-9207	458	67	guanli	guanli	PROPN
cjal-9207	458	68	weiyuanhui	weiyuanhui	PROPN
cjal-9207	458	69	(	(	PUNCT
cjal-9207	458	70	cp	cp	INTJ
cjal-9207	458	71	13!1	13!1	PROPN
cjal-9207	458	72	iie	iie	PROPN
cjal-9207	458	73	!	!	PUNCT
cjal-9207	459	1	f	f	PROPN
cjal-9207	459	2	illi	illi	PROPN
cjal-9207	459	3	:	:	PUNCT
cjal-9207	459	4	ff	ff	NOUN
cjal-9207	459	5	.!,l	.!,l	PROPN
cjal-9207	459	6	)	)	PUNCT
cjal-9207	460	1	[	[	X
cjal-9207	460	2	china	china	PROPN
cjal-9207	460	3	sec	sec	PROPN
cjal-9207	460	4	.	.	PROPN
cjal-9207	461	1	reg	reg	PROPN
cjal-9207	461	2	.	.	PUNCT
cjal-9207	461	3	comm	comm	NOUN
cjal-9207	461	4	.	.	PUNCT
cjal-9207	461	5	)	)	PUNCT
cjal-9207	462	1	(	(	PUNCT
cjal-9207	462	2	apr	apr	PROPN
cjal-9207	462	3	.	.	PROPN
cjal-9207	462	4	30	30	NUM
cjal-9207	462	5	,	,	PUNCT
cjal-9207	462	6	2014	2014	NUM
cjal-9207	462	7	)	)	PUNCT
cjal-9207	462	8	,	,	PUNCT
cjal-9207	463	1	http://www	http://www	PROPN
cjal-9207	463	2	.csrc.gov	.csrc.gov	PROPN
cjal-9207	463	3	.cn	.cn	PUNCT
cjal-9207	463	4	/	/	SYM
cjal-9207	463	5	pub	pub	NOUN
cjal-9207	463	6	/	/	SYM
cjal-9207	463	7	zjhpublic	zjhpublic	NOUN
cjal-9207	463	8	/	/	SYM
cjal-9207	463	9	g00306212/201407	g00306212/201407	NOUN
cjal-9207	463	10	/	/	SYM
cjal-9207	463	11	t20140707	t20140707	NOUN
cjal-9207	463	12	_	_	NOUN
cjal-9207	463	13	257345.htm	257345.htm	NUM
cjal-9207	463	14	?	?	PUNCT
cjal-9207	463	15	keyword	keyword	NOUN
cjal-9207	463	16	s=%e5%8d%97%e4%ba%ac	s=%e5%8d%97%e4%ba%ac	NOUN
cjal-9207	463	17	.	.	PUNCT
cjal-9207	464	1	the	the	DET
cjal-9207	464	2	company	company	NOUN
cjal-9207	464	3	was	be	AUX
cjal-9207	464	4	fin	fin	NOUN
cjal-9207	464	5	ed	ed	NOUN
cjal-9207	464	6	rmb	rmb	PROPN
cjal-9207	464	7	500,000	500,000	NUM
cjal-9207	464	8	(	(	PUNCT
cjal-9207	464	9	approximately	approximately	ADV
cjal-9207	464	10	usd	usd	NOUN
cjal-9207	464	11	76,000	76,000	NUM
cjal-9207	464	12	)	)	PUNCT
cjal-9207	464	13	,	,	PUNCT
cjal-9207	464	14	and	and	CCONJ
cjal-9207	464	15	the	the	DET
cjal-9207	464	16	individual	individual	ADJ
cjal-9207	464	17	managers	manager	NOUN
cjal-9207	464	18	were	be	AUX
cjal-9207	464	19	fined	fine	VERB
cjal-9207	464	20	sums	sum	NOUN
cjal-9207	464	21	between	between	ADP
cjal-9207	464	22	rmb	rmb	PROPN
cjal-9207	464	23	300,00030,000	300,00030,000	NUM
cjal-9207	464	24	(	(	PUNCT
cjal-9207	464	25	usd	usd	NOUN
cjal-9207	464	26	46,000	46,000	NUM
cjal-9207	464	27	4,600	4,600	NUM
cjal-9207	464	28	)	)	PUNCT
cjal-9207	464	29	.	.	PUNCT
cjal-9207	465	1	i	i	PRON
cjal-9207	465	2	d.	d.	PROPN
cjal-9207	465	3	73	73	NUM
cjal-9207	465	4	see	see	VERB
cjal-9207	465	5	part	part	PROPN
cjal-9207	465	6	ii	ii	NOUN
cjal-9207	465	7	,	,	PUNCT
cjal-9207	465	8	infra	infra	NOUN
cjal-9207	465	9	.	.	PUNCT
cjal-9207	466	1	2016	2016	NUM
cjal-9207	466	2	]	]	PUNCT
cjal-9207	466	3	minority	minority	NOUN
cjal-9207	466	4	pubuc	pubuc	NOUN
cjal-9207	466	5	shareholders	shareholder	NOUN
cjal-9207	466	6	in	in	ADP
cjal-9207	466	7	china	china	PROPN
cjal-9207	466	8	23	23	NUM
cjal-9207	466	9	constricted	constrict	VERB
cjal-9207	466	10	.	.	PUNCT
cjal-9207	467	1	shareholder	shareholder	NOUN
cjal-9207	467	2	participation	participation	NOUN
cjal-9207	467	3	in	in	ADP
cjal-9207	467	4	corporate	corporate	ADJ
cjal-9207	467	5	governance	governance	NOUN
cjal-9207	467	6	is	be	AUX
cjal-9207	467	7	traditionally	traditionally	ADV
cjal-9207	467	8	linked	link	VERB
cjal-9207	467	9	to	to	ADP
cjal-9207	467	10	the	the	DET
cjal-9207	467	11	shareholder	shareholder	NOUN
cjal-9207	467	12	franchise	franchise	NOUN
cjal-9207	467	13	and	and	CCONJ
cjal-9207	467	14	what	what	PRON
cjal-9207	467	15	some	some	PRON
cjal-9207	467	16	describe	describe	VERB
cjal-9207	467	17	as	as	ADP
cjal-9207	467	18	"	"	PUNCT
cjal-9207	467	19	corporate	corporate	ADJ
cjal-9207	467	20	democracy	democracy	NOUN
cjal-9207	467	21	"	"	PUNCT
cjal-9207	467	22	74	74	NUM
cjal-9207	467	23	-	-	PUNCT
cjal-9207	467	24	concepts	concept	NOUN
cjal-9207	467	25	which	which	PRON
cjal-9207	467	26	seem	seem	VERB
cjal-9207	467	27	wholly	wholly	ADV
cjal-9207	467	28	inapplicable	inapplicable	ADJ
cjal-9207	467	29	in	in	ADP
cjal-9207	467	30	authoritarian	authoritarian	ADJ
cjal-9207	467	31	regimes	regime	NOUN
cjal-9207	467	32	.	.	PUNCT
cjal-9207	468	1	therefore	therefore	ADV
cjal-9207	468	2	,	,	PUNCT
cjal-9207	468	3	it	it	PRON
cjal-9207	468	4	could	could	AUX
cjal-9207	468	5	be	be	AUX
cjal-9207	468	6	argued	argue	VERB
cjal-9207	468	7	that	that	SCONJ
cjal-9207	468	8	shareholder	shareholder	NOUN
cjal-9207	468	9	participation	participation	NOUN
cjal-9207	468	10	mechanisms	mechanism	NOUN
cjal-9207	468	11	seen	see	VERB
cjal-9207	468	12	in	in	ADP
cjal-9207	468	13	other	other	ADJ
cjal-9207	468	14	concentrated	concentrated	ADJ
cjal-9207	468	15	markets	market	NOUN
cjal-9207	468	16	,	,	PUNCT
cjal-9207	468	17	but	but	CCONJ
cjal-9207	468	18	which	which	PRON
cjal-9207	468	19	function	function	VERB
cjal-9207	468	20	in	in	ADP
cjal-9207	468	21	the	the	DET
cjal-9207	468	22	embrace	embrace	NOUN
cjal-9207	468	23	of	of	ADP
cjal-9207	468	24	liberal	liberal	ADJ
cjal-9207	468	25	democracies	democracy	NOUN
cjal-9207	468	26	,	,	PUNCT
cjal-9207	468	27	are	be	AUX
cjal-9207	468	28	conceptually	conceptually	ADV
cjal-9207	468	29	irrelevant	irrelevant	ADJ
cjal-9207	468	30	to	to	ADP
cjal-9207	468	31	china	china	PROPN
cjal-9207	468	32	with	with	ADP
cjal-9207	468	33	its	its	PRON
cjal-9207	468	34	very	very	ADV
cjal-9207	468	35	different	different	ADJ
cjal-9207	468	36	political	political	ADJ
cjal-9207	468	37	and	and	CCONJ
cjal-9207	468	38	ideological	ideological	ADJ
cjal-9207	468	39	environment	environment	NOUN
cjal-9207	468	40	.	.	PUNCT
cjal-9207	469	1	however	however	ADV
cjal-9207	469	2	,	,	PUNCT
cjal-9207	469	3	minority	minority	NOUN
cjal-9207	469	4	shareholder	shareholder	NOUN
cjal-9207	469	5	empowerment	empowerment	NOUN
cjal-9207	469	6	(	(	PUNCT
cjal-9207	469	7	perhaps	perhaps	ADV
cjal-9207	469	8	misleadingly	misleadingly	ADV
cjal-9207	469	9	associated	associate	VERB
cjal-9207	469	10	with	with	ADP
cjal-9207	469	11	notions	notion	NOUN
cjal-9207	469	12	of	of	ADP
cjal-9207	469	13	"	"	PUNCT
cjal-9207	469	14	corporate	corporate	ADJ
cjal-9207	469	15	democracy	democracy	NOUN
cjal-9207	469	16	"	"	PUNCT
cjal-9207	469	17	)	)	PUNCT
cjal-9207	469	18	does	do	AUX
cjal-9207	469	19	not	not	PART
cjal-9207	469	20	necessarily	necessarily	ADV
cjal-9207	469	21	align	align	VERB
cjal-9207	469	22	with	with	ADP
cjal-9207	469	23	constitutional	constitutional	ADJ
cjal-9207	469	24	democracy	democracy	NOUN
cjal-9207	469	25	.	.	PUNCT
cjal-9207	470	1	it	it	PRON
cjal-9207	470	2	is	be	AUX
cjal-9207	470	3	facile	facile	ADJ
cjal-9207	470	4	and	and	CCONJ
cjal-9207	470	5	misleading	misleading	ADJ
cjal-9207	470	6	to	to	PART
cjal-9207	470	7	conflate	conflate	VERB
cjal-9207	470	8	representative	representative	ADJ
cjal-9207	470	9	political	political	ADJ
cjal-9207	470	10	institutions	institution	NOUN
cjal-9207	470	11	with	with	ADP
cjal-9207	470	12	market	market	NOUN
cjal-9207	470	13	institutions	institution	NOUN
cjal-9207	470	14	and	and	CCONJ
cjal-9207	470	15	efficiency	efficiency	NOUN
cjal-9207	470	16	concerns	concern	NOUN
cjal-9207	470	17	.	.	PUNCT
cjal-9207	471	1	thus	thus	ADV
cjal-9207	471	2	,	,	PUNCT
cjal-9207	471	3	what	what	PRON
cjal-9207	471	4	i	i	PRON
cjal-9207	471	5	argue	argue	VERB
cjal-9207	471	6	is	be	AUX
cjal-9207	471	7	a	a	DET
cjal-9207	471	8	global	global	ADJ
cjal-9207	471	9	shift	shift	NOUN
cjal-9207	471	10	in	in	ADP
cjal-9207	471	11	which	which	PRON
cjal-9207	471	12	the	the	DET
cjal-9207	471	13	increasing	increase	VERB
cjal-9207	471	14	power	power	NOUN
cjal-9207	471	15	of	of	ADP
cjal-9207	471	16	minority	minority	NOUN
cjal-9207	471	17	public	public	ADJ
cjal-9207	471	18	shareholders	shareholder	NOUN
cjal-9207	471	19	is	be	AUX
cjal-9207	471	20	seen	see	VERB
cjal-9207	471	21	not	not	PART
cjal-9207	471	22	as	as	ADP
cjal-9207	471	23	an	an	DET
cjal-9207	471	24	end	end	NOUN
cjal-9207	471	25	in	in	ADP
cjal-9207	471	26	itself	itself	PRON
cjal-9207	471	27	dictated	dictate	VERB
cjal-9207	471	28	by	by	ADP
cjal-9207	471	29	democratic	democratic	ADJ
cjal-9207	471	30	morality	morality	NOUN
cjal-9207	471	31	,	,	PUNCT
cjal-9207	471	32	but	but	CCONJ
cjal-9207	471	33	instead	instead	ADV
cjal-9207	471	34	a	a	DET
cjal-9207	471	35	means	mean	NOUN
cjal-9207	471	36	to	to	ADP
cjal-9207	471	37	a	a	DET
cjal-9207	471	38	separate	separate	ADJ
cjal-9207	471	39	goal	goal	NOUN
cjal-9207	471	40	-	-	PUNCT
cjal-9207	471	41	higher	high	ADJ
cjal-9207	471	42	allocative	allocative	ADJ
cjal-9207	471	43	efficiency	efficiency	NOUN
cjal-9207	471	44	for	for	ADP
cjal-9207	471	45	the	the	DET
cjal-9207	471	46	capital	capital	NOUN
cjal-9207	471	47	markets	market	NOUN
cjal-9207	471	48	and	and	CCONJ
cjal-9207	471	49	better	well	ADJ
cjal-9207	471	50	economic	economic	ADJ
cjal-9207	471	51	performance	performance	NOUN
cjal-9207	471	52	by	by	ADP
cjal-9207	471	53	firms	firm	NOUN
cjal-9207	471	54	.	.	PUNCT
cjal-9207	472	1	75	75	NUM
cjal-9207	472	2	if	if	SCONJ
cjal-9207	472	3	this	this	PRON
cjal-9207	472	4	is	be	AUX
cjal-9207	472	5	true	true	ADJ
cjal-9207	472	6	,	,	PUNCT
cjal-9207	472	7	and	and	CCONJ
cjal-9207	472	8	understanding	understand	VERB
cjal-9207	472	9	that	that	SCONJ
cjal-9207	472	10	the	the	DET
cjal-9207	472	11	same	same	ADJ
cjal-9207	472	12	goals	goal	NOUN
cjal-9207	472	13	pertain	pertain	VERB
cjal-9207	472	14	for	for	ADP
cjal-9207	472	15	markets	market	NOUN
cjal-9207	472	16	and	and	CCONJ
cjal-9207	472	17	firms	firm	NOUN
cjal-9207	472	18	operating	operate	VERB
cjal-9207	472	19	under	under	ADP
cjal-9207	472	20	concentrated	concentrate	VERB
cjal-9207	472	21	ownership	ownership	NOUN
cjal-9207	472	22	conditions	condition	NOUN
cjal-9207	472	23	,	,	PUNCT
cjal-9207	472	24	76	76	NUM
cjal-9207	472	25	then	then	ADV
cjal-9207	472	26	there	there	PRON
cjal-9207	472	27	should	should	AUX
cjal-9207	472	28	be	be	AUX
cjal-9207	472	29	no	no	DET
cjal-9207	472	30	conceptual	conceptual	ADJ
cjal-9207	472	31	barrier	barrier	NOUN
cjal-9207	472	32	to	to	ADP
cjal-9207	472	33	the	the	DET
cjal-9207	472	34	possibility	possibility	NOUN
cjal-9207	472	35	of	of	ADP
cjal-9207	472	36	enhanced	enhanced	ADJ
cjal-9207	472	37	minority	minority	NOUN
cjal-9207	472	38	public	public	ADJ
cjal-9207	472	39	shareholder	shareholder	NOUN
cjal-9207	472	40	monitoring	monitoring	NOUN
cjal-9207	472	41	and	and	CCONJ
cjal-9207	472	42	governance	governance	NOUN
cjal-9207	472	43	participation	participation	NOUN
cjal-9207	472	44	even	even	ADV
cjal-9207	472	45	in	in	ADP
cjal-9207	472	46	firms	firm	NOUN
cjal-9207	472	47	operating	operate	VERB
cjal-9207	472	48	under	under	ADP
cjal-9207	472	49	an	an	DET
cjal-9207	472	50	authoritarian	authoritarian	ADJ
cjal-9207	472	51	regime	regime	NOUN
cjal-9207	472	52	.	.	PUNCT
cjal-9207	473	1	in	in	ADP
cjal-9207	473	2	fact	fact	NOUN
cjal-9207	473	3	,	,	PUNCT
cjal-9207	473	4	china	china	PROPN
cjal-9207	473	5	's	's	PART
cjal-9207	473	6	policy	policy	NOUN
cjal-9207	473	7	makers	maker	NOUN
cjal-9207	473	8	clearly	clearly	ADV
cjal-9207	473	9	make	make	VERB
cjal-9207	473	10	just	just	ADV
cjal-9207	473	11	this	this	DET
cjal-9207	473	12	distinction	distinction	NOUN
cjal-9207	473	13	-	-	PUNCT
cjal-9207	473	14	permitting	permit	VERB
cjal-9207	473	15	and	and	CCONJ
cjal-9207	473	16	encouraging	encourage	VERB
cjal-9207	473	17	economic	economic	ADJ
cjal-9207	473	18	liberalization	liberalization	NOUN
cjal-9207	473	19	in	in	ADP
cjal-9207	473	20	the	the	DET
cjal-9207	473	21	service	service	NOUN
cjal-9207	473	22	of	of	ADP
cjal-9207	473	23	national	national	ADJ
cjal-9207	473	24	economic	economic	ADJ
cjal-9207	473	25	development	development	NOUN
cjal-9207	473	26	,	,	PUNCT
cjal-9207	473	27	while	while	SCONJ
cjal-9207	473	28	at	at	ADP
cjal-9207	473	29	the	the	DET
cjal-9207	473	30	same	same	ADJ
cjal-9207	473	31	time	time	NOUN
cjal-9207	473	32	impeding	impede	VERB
cjal-9207	473	33	concomitant	concomitant	ADJ
cjal-9207	473	34	political	political	ADJ
cjal-9207	473	35	or	or	CCONJ
cjal-9207	473	36	social	social	ADJ
cjal-9207	473	37	liberalization	liberalization	NOUN
cjal-9207	473	38	.	.	PUNCT
cjal-9207	474	1	77	77	NUM
cjal-9207	474	2	74	74	NUM
cjal-9207	474	3	unocal	unocal	PROPN
cjal-9207	474	4	corp	corp	PROPN
cjal-9207	474	5	.	.	PROPN
cjal-9207	474	6	v.	v.	PROPN
cjal-9207	474	7	mesa	mesa	PROPN
cjal-9207	474	8	petroleum	petroleum	PROPN
cjal-9207	474	9	co.	co.	PROPN
cjal-9207	474	10	,	,	PUNCT
cjal-9207	474	11	493	493	NUM
cjal-9207	474	12	a.2d	a.2d	NUM
cjal-9207	474	13	946	946	NUM
cjal-9207	474	14	,	,	PUNCT
cjal-9207	474	15	959	959	NUM
cjal-9207	474	16	(	(	PUNCT
cjal-9207	474	17	del	del	PROPN
cjal-9207	474	18	.	.	NOUN
cjal-9207	474	19	1985	1985	NUM
cjal-9207	474	20	)	)	PUNCT
cjal-9207	474	21	(	(	PUNCT
cjal-9207	474	22	"	"	PUNCT
cjal-9207	474	23	if	if	SCONJ
cjal-9207	474	24	the	the	DET
cjal-9207	474	25	stockholders	stockholder	NOUN
cjal-9207	474	26	are	be	AUX
cjal-9207	474	27	displeased	displeased	ADJ
cjal-9207	474	28	with	with	ADP
cjal-9207	474	29	the	the	DET
cjal-9207	474	30	action	action	NOUN
cjal-9207	474	31	of	of	ADP
cjal-9207	474	32	their	their	PRON
cjal-9207	474	33	elected	elect	VERB
cjal-9207	474	34	representatives	representative	NOUN
cjal-9207	474	35	,	,	PUNCT
cjal-9207	474	36	the	the	DET
cjal-9207	474	37	powers	power	NOUN
cjal-9207	474	38	of	of	ADP
cjal-9207	474	39	corporate	corporate	ADJ
cjal-9207	474	40	democracy	democracy	NOUN
cjal-9207	474	41	are	be	AUX
cjal-9207	474	42	at	at	ADP
cjal-9207	474	43	their	their	PRON
cjal-9207	474	44	disposal	disposal	NOUN
cjal-9207	474	45	to	to	PART
cjal-9207	474	46	turn	turn	VERB
cjal-9207	474	47	the	the	DET
cjal-9207	474	48	board	board	NOUN
cjal-9207	474	49	out	out	ADP
cjal-9207	474	50	.	.	PUNCT
cjal-9207	475	1	"	"	PUNCT
cjal-9207	475	2	)	)	PUNCT
cjal-9207	475	3	;	;	PUNCT
cjal-9207	475	4	see	see	VERB
cjal-9207	475	5	also	also	ADV
cjal-9207	475	6	lisa	lisa	PROPN
cjal-9207	475	7	m.	m.	NOUN
cjal-9207	475	8	fairfax	fairfax	PROPN
cjal-9207	475	9	,	,	PUNCT
cjal-9207	475	10	the	the	DET
cjal-9207	475	11	future	future	NOUN
cjal-9207	475	12	of	of	ADP
cjal-9207	475	13	shareholder	shareholder	NOUN
cjal-9207	475	14	democracy	democracy	NOUN
cjal-9207	475	15	,	,	PUNCT
cjal-9207	475	16	84	84	NUM
cjal-9207	475	17	ind	ind	NOUN
cjal-9207	475	18	.	.	PUNCT
cjal-9207	476	1	l.j	l.j	NOUN
cjal-9207	476	2	.	.	PROPN
cjal-9207	476	3	1259	1259	NUM
cjal-9207	476	4	1260	1260	NUM
cjal-9207	476	5	,	,	PUNCT
cjal-9207	476	6	1269	1269	NUM
cjal-9207	476	7	(	(	PUNCT
cjal-9207	476	8	2009	2009	NUM
cjal-9207	476	9	)	)	PUNCT
cjal-9207	477	1	(	(	PUNCT
cjal-9207	477	2	noting	note	VERB
cjal-9207	477	3	that	that	SCONJ
cjal-9207	477	4	shareholder	shareholder	NOUN
cjal-9207	477	5	activists	activist	NOUN
cjal-9207	477	6	refer	refer	VERB
cjal-9207	477	7	to	to	ADP
cjal-9207	477	8	their	their	PRON
cjal-9207	477	9	actions	action	NOUN
cjal-9207	477	10	as	as	ADP
cjal-9207	477	11	aiming	aim	VERB
cjal-9207	477	12	to	to	PART
cjal-9207	477	13	increase	increase	VERB
cjal-9207	477	14	"	"	PUNCT
cjal-9207	477	15	shareholder	shareholder	NOUN
cjal-9207	477	16	democracy	democracy	NOUN
cjal-9207	477	17	"	"	PUNCT
cjal-9207	477	18	by	by	ADP
cjal-9207	477	19	"	"	PUNCT
cjal-9207	477	20	increasing	increase	VERB
cjal-9207	477	21	the	the	DET
cjal-9207	477	22	efficacy	efficacy	NOUN
cjal-9207	477	23	of	of	ADP
cjal-9207	477	24	their	their	PRON
cjal-9207	477	25	voting	voting	NOUN
cjal-9207	477	26	right	right	NOUN
cjal-9207	477	27	"	"	PUNCT
cjal-9207	477	28	)	)	PUNCT
cjal-9207	477	29	.	.	PUNCT
cjal-9207	478	1	76	76	NUM
cjal-9207	478	2	lucian	lucian	PROPN
cjal-9207	478	3	a.	a.	NOUN
cjal-9207	478	4	bebchuk	bebchuk	PROPN
cjal-9207	478	5	,	,	PUNCT
cjal-9207	478	6	the	the	DET
cjal-9207	478	7	myth	myth	NOUN
cjal-9207	478	8	of	of	ADP
cjal-9207	478	9	the	the	DET
cjal-9207	478	10	shareholder	shareholder	NOUN
cjal-9207	478	11	franchise	franchise	NOUN
cjal-9207	478	12	,	,	PUNCT
cjal-9207	478	13	93	93	NUM
cjal-9207	478	14	va	va	NOUN
cjal-9207	478	15	.	.	PUNCT
cjal-9207	479	1	l.	l.	PROPN
cjal-9207	479	2	rev	rev	PROPN
cjal-9207	479	3	.	.	PROPN
cjal-9207	479	4	675	675	NUM
cjal-9207	479	5	at	at	ADP
cjal-9207	479	6	678	678	NUM
cjal-9207	479	7	-	-	SYM
cjal-9207	479	8	79	79	NUM
cjal-9207	479	9	(	(	PUNCT
cjal-9207	479	10	2009	2009	NUM
cjal-9207	479	11	)	)	PUNCT
cjal-9207	479	12	(	(	PUNCT
cjal-9207	479	13	citing	cite	VERB
cjal-9207	479	14	henry	henry	PROPN
cjal-9207	479	15	g.	g.	PROPN
cjal-9207	479	16	manne	manne	PROPN
cjal-9207	479	17	,	,	PUNCT
cjal-9207	479	18	the	the	DET
cjal-9207	479	19	'	'	PUNCT
cjal-9207	479	20	corporate	corporate	ADJ
cjal-9207	479	21	democracy	democracy	NOUN
cjal-9207	479	22	'	'	PART
cjal-9207	479	23	oxymoron	oxymoron	NOUN
cjal-9207	479	24	,	,	PUNCT
cjal-9207	480	1	wall	wall	PROPN
cjal-9207	480	2	st	st	PROPN
cjal-9207	480	3	.	.	PROPN
cjal-9207	480	4	j.	j.	PROPN
cjal-9207	481	1	(	(	PUNCT
cjal-9207	481	2	jan	jan	PROPN
cjal-9207	481	3	.	.	PROPN
cjal-9207	481	4	2	2	NUM
cjal-9207	481	5	,	,	PUNCT
cjal-9207	481	6	2007	2007	NUM
cjal-9207	481	7	)	)	PUNCT
cjal-9207	481	8	)	)	PUNCT
cjal-9207	482	1	(	(	PUNCT
cjal-9207	482	2	referring	refer	VERB
cjal-9207	482	3	to	to	ADP
cjal-9207	482	4	manne	manne	PROPN
cjal-9207	482	5	's	's	PART
cjal-9207	482	6	criticism	criticism	NOUN
cjal-9207	482	7	of	of	ADP
cjal-9207	482	8	his	his	PRON
cjal-9207	482	9	proposals	proposal	NOUN
cjal-9207	482	10	for	for	ADP
cjal-9207	482	11	greater	great	ADJ
cjal-9207	482	12	shareholder	shareholder	NOUN
cjal-9207	482	13	empowerment	empowerment	NOUN
cjal-9207	482	14	)	)	PUNCT
cjal-9207	482	15	;	;	PUNCT
cjal-9207	482	16	i	i	PRON
cjal-9207	482	17	d.	d.	PROPN
cjal-9207	482	18	(	(	PUNCT
cjal-9207	482	19	citing	cite	VERB
cjal-9207	482	20	matthias	matthias	PROPN
cjal-9207	482	21	benz	benz	PROPN
cjal-9207	482	22	&	&	CCONJ
cjal-9207	482	23	bruno	bruno	PROPN
cjal-9207	482	24	s.	s.	PROPN
cjal-9207	482	25	frey	frey	PROPN
cjal-9207	482	26	,	,	PUNCT
cjal-9207	482	27	towards	towards	ADP
cjal-9207	482	28	a	a	DET
cjal-9207	482	29	constitutional	constitutional	ADJ
cjal-9207	482	30	theory	theory	NOUN
cjal-9207	482	31	of	of	ADP
cjal-9207	482	32	corporate	corporate	ADJ
cjal-9207	482	33	governance	governance	NOUN
cjal-9207	482	34	11	11	NUM
cjal-9207	482	35	-	-	SYM
cjal-9207	482	36	12	12	NUM
cjal-9207	482	37	(	(	PUNCT
cjal-9207	482	38	june	june	PROPN
cjal-9207	482	39	14	14	NUM
cjal-9207	482	40	,	,	PUNCT
cjal-9207	482	41	2006	2006	NUM
cjal-9207	482	42	)	)	PUNCT
cjal-9207	482	43	(	(	PUNCT
cjal-9207	482	44	unpublished	unpublished	ADJ
cjal-9207	482	45	manuscript	manuscript	NOUN
cjal-9207	482	46	)	)	PUNCT
cjal-9207	482	47	,	,	PUNCT
cjal-9207	482	48	available	available	ADJ
cjal-9207	482	49	at	at	ADP
cjal-9207	482	50	http://papers.ssrn.com/sol3/papers.cfm	http://papers.ssrn.com/sol3/papers.cfm	PROPN
cjal-9207	482	51	?	?	PUNCT
cjal-9207	482	52	abstract_id	abstract_id	PROPN
cjal-9207	483	1	=	=	SYM
cjal-9207	483	2	933309	933309	NUM
cjal-9207	483	3	)	)	PUNCT
cjal-9207	484	1	(	(	PUNCT
cjal-9207	484	2	referring	refer	VERB
cjal-9207	484	3	to	to	ADP
cjal-9207	484	4	the	the	DET
cjal-9207	484	5	opposite	opposite	ADJ
cjal-9207	484	6	end	end	NOUN
cjal-9207	484	7	of	of	ADP
cjal-9207	484	8	the	the	DET
cjal-9207	484	9	debate	debate	NOUN
cjal-9207	484	10	that	that	PRON
cjal-9207	484	11	sees	see	VERB
cjal-9207	484	12	increase	increase	NOUN
cjal-9207	484	13	in	in	ADP
cjal-9207	484	14	shareholders	shareholder	NOUN
cjal-9207	484	15	'	'	PART
cjal-9207	484	16	'	'	PUNCT
cjal-9207	484	17	constitutional	constitutional	ADJ
cjal-9207	484	18	'	'	PUNCT
cjal-9207	484	19	rights	right	NOUN
cjal-9207	484	20	as	as	ADP
cjal-9207	484	21	intrinsically	intrinsically	ADV
cjal-9207	484	22	desirable	desirable	ADJ
cjal-9207	484	23	)	)	PUNCT
cjal-9207	484	24	)	)	PUNCT
cjal-9207	484	25	.	.	PUNCT
cjal-9207	485	1	76	76	NUM
cjal-9207	486	1	the	the	DET
cjal-9207	486	2	implied	imply	VERB
cjal-9207	486	3	position	position	NOUN
cjal-9207	486	4	here	here	ADV
cjal-9207	486	5	that	that	SCONJ
cjal-9207	486	6	better	well	ADJ
cjal-9207	486	7	economic	economic	ADJ
cjal-9207	486	8	performance	performance	NOUN
cjal-9207	486	9	can	can	AUX
cjal-9207	486	10	be	be	AUX
cjal-9207	486	11	achieved	achieve	VERB
cjal-9207	486	12	even	even	ADV
cjal-9207	486	13	in	in	ADP
cjal-9207	486	14	concentrated	concentrated	ADJ
cjal-9207	486	15	mark	mark	NOUN
cjal-9207	486	16	ets	et	NOUN
cjal-9207	486	17	following	follow	VERB
cjal-9207	486	18	an	an	DET
cjal-9207	486	19	increase	increase	NOUN
cjal-9207	486	20	in	in	ADP
cjal-9207	486	21	public	public	ADJ
cjal-9207	486	22	shareholder	shareholder	NOUN
cjal-9207	486	23	participation	participation	NOUN
cjal-9207	486	24	goes	go	VERB
cjal-9207	486	25	both	both	DET
cjal-9207	486	26	ways	way	NOUN
cjal-9207	486	27	.	.	PUNCT
cjal-9207	487	1	the	the	DET
cjal-9207	487	2	inefficiencies	inefficiency	NOUN
cjal-9207	487	3	involved	involve	VERB
cjal-9207	487	4	in	in	ADP
cjal-9207	487	5	minority	minority	NOUN
cjal-9207	487	6	participation	participation	NOUN
cjal-9207	487	7	when	when	SCONJ
cjal-9207	487	8	there	there	PRON
cjal-9207	487	9	is	be	VERB
cjal-9207	487	10	a	a	DET
cjal-9207	487	11	controlling	controlling	NOUN
cjal-9207	487	12	or	or	CCONJ
cjal-9207	487	13	dominant	dominant	ADJ
cjal-9207	487	14	shareholder	shareholder	NOUN
cjal-9207	487	15	,	,	PUNCT
cjal-9207	487	16	and	and	CCONJ
cjal-9207	487	17	arguments	argument	NOUN
cjal-9207	487	18	supporting	support	VERB
cjal-9207	487	19	the	the	DET
cjal-9207	487	20	right	right	NOUN
cjal-9207	487	21	of	of	ADP
cjal-9207	487	22	a	a	DET
cjal-9207	487	23	controller	controller	NOUN
cjal-9207	487	24	to	to	PART
cjal-9207	487	25	exercise	exercise	VERB
cjal-9207	487	26	"	"	PUNCT
cjal-9207	487	27	selfish	selfish	ADJ
cjal-9207	487	28	control	control	NOUN
cjal-9207	487	29	"	"	PUNCT
cjal-9207	487	30	,	,	PUNCT
cjal-9207	487	31	can	can	AUX
cjal-9207	487	32	justify	justify	VERB
cjal-9207	487	33	an	an	DET
cjal-9207	487	34	opposite	opposite	ADJ
cjal-9207	487	35	position	position	NOUN
cjal-9207	487	36	.	.	PUNCT
cjal-9207	488	1	since	since	SCONJ
cjal-9207	488	2	there	there	PRON
cjal-9207	488	3	is	be	VERB
cjal-9207	488	4	no	no	DET
cjal-9207	488	5	unequivocal	unequivocal	ADJ
cjal-9207	488	6	empirical	empirical	ADJ
cjal-9207	488	7	proof	proof	NOUN
cjal-9207	488	8	one	one	NUM
cjal-9207	488	9	way	way	NOUN
cjal-9207	488	10	or	or	CCONJ
cjal-9207	488	11	another	another	PRON
cjal-9207	488	12	,	,	PUNCT
cjal-9207	488	13	this	this	DET
cjal-9207	488	14	article	article	NOUN
cjal-9207	488	15	takes	take	VERB
cjal-9207	488	16	the	the	DET
cjal-9207	488	17	former	former	ADJ
cjal-9207	488	18	position	position	NOUN
cjal-9207	488	19	in	in	ADP
cjal-9207	488	20	the	the	DET
cjal-9207	488	21	chinese	chinese	ADJ
cjal-9207	488	22	context	context	NOUN
cjal-9207	488	23	especially	especially	ADV
cjal-9207	488	24	considering	consider	VERB
cjal-9207	488	25	the	the	DET
cjal-9207	488	26	costs	cost	NOUN
cjal-9207	488	27	of	of	ADP
cjal-9207	488	28	ownership	ownership	NOUN
cjal-9207	488	29	concentration	concentration	NOUN
cjal-9207	488	30	,	,	PUNCT
cjal-9207	488	31	and	and	CCONJ
cjal-9207	488	32	the	the	DET
cjal-9207	488	33	vast	vast	ADJ
cjal-9207	488	34	potential	potential	NOUN
cjal-9207	488	35	for	for	ADP
cjal-9207	488	36	minority	minority	NOUN
cjal-9207	488	37	exploitation	exploitation	NOUN
cjal-9207	488	38	that	that	PRON
cjal-9207	488	39	is	be	AUX
cjal-9207	488	40	inherent	inherent	ADJ
cjal-9207	488	41	to	to	PART
cjal-9207	488	42	(	(	PUNCT
cjal-9207	488	43	pyramidal-)concentrated	pyramidal-)concentrate	VERB
cjal-9207	488	44	-	-	PUNCT
cjal-9207	488	45	ownership	ownership	NOUN
cjal-9207	488	46	and	and	CCONJ
cjal-9207	488	47	is	be	AUX
cjal-9207	488	48	often	often	ADV
cjal-9207	488	49	unresolved	unresolved	ADJ
cjal-9207	488	50	by	by	ADP
cjal-9207	488	51	common	common	ADJ
cjal-9207	488	52	monitoring	monitoring	NOUN
cjal-9207	488	53	and	and	CCONJ
cjal-9207	488	54	enforcement	enforcement	NOUN
cjal-9207	488	55	mechanisms	mechanism	NOUN
cjal-9207	488	56	.	.	PUNCT
cjal-9207	489	1	77	77	NUM
cjal-9207	489	2	the	the	DET
cjal-9207	489	3	quest	quest	NOUN
cjal-9207	489	4	ion	ion	NOUN
cjal-9207	489	5	if	if	SCONJ
cjal-9207	489	6	this	this	PRON
cjal-9207	489	7	is	be	AUX
cjal-9207	489	8	a	a	DET
cjal-9207	489	9	sustainable	sustainable	ADJ
cjal-9207	489	10	model	model	NOUN
cjal-9207	489	11	of	of	ADP
cjal-9207	489	12	development	development	NOUN
cjal-9207	489	13	that	that	PRON
cjal-9207	489	14	can	can	AUX
cjal-9207	489	15	be	be	AUX
cjal-9207	489	16	contained	contain	VERB
cjal-9207	489	17	to	to	ADP
cjal-9207	489	18	the	the	DET
cjal-9207	489	19	economic	economic	ADJ
cjal-9207	489	20	sphere	sphere	NOUN
cjal-9207	489	21	is	be	AUX
cjal-9207	489	22	a	a	DET
cjal-9207	489	23	different	different	ADJ
cjal-9207	489	24	one	one	NUM
cjal-9207	489	25	which	which	PRON
cjal-9207	489	26	i	i	PRON
cjal-9207	489	27	discuss	discuss	VERB
cjal-9207	489	28	in	in	ADP
cjal-9207	489	29	a	a	DET
cjal-9207	489	30	separate	separate	ADJ
cjal-9207	489	31	manuscript	manuscript	NOUN
cjal-9207	489	32	(	(	PUNCT
cjal-9207	489	33	in	in	ADP
cjal-9207	489	34	progress	progress	NOUN
cjal-9207	489	35	)	)	PUNCT
cjal-9207	489	36	.	.	PUNCT
cjal-9207	490	1	24	24	NUM
cjal-9207	490	2	columbia	columbia	PROPN
cjal-9207	490	3	journal	journal	PROPN
cjal-9207	490	4	of	of	ADP
cjal-9207	490	5	asian	asian	ADJ
cjal-9207	490	6	law	law	NOUN
cjal-9207	491	1	[	[	X
cjal-9207	491	2	vol	vol	NOUN
cjal-9207	491	3	.	.	PUNCT
cjal-9207	492	1	30:1	30:1	NUM
cjal-9207	492	2	2	2	NUM
cjal-9207	492	3	.	.	PUNCT
cjal-9207	493	1	a	a	DET
cjal-9207	493	2	"	"	PUNCT
cjal-9207	493	3	lujiazui	lujiazui	PROPN
cjal-9207	493	4	w	w	PROPN
cjal-9207	493	5	alk"78	alk"78	VERB
cjal-9207	493	6	one	one	NUM
cjal-9207	493	7	aspect	aspect	NOUN
cjal-9207	493	8	of	of	ADP
cjal-9207	493	9	monitoring	monitor	VERB
cjal-9207	493	10	through	through	ADP
cjal-9207	493	11	the	the	DET
cjal-9207	493	12	firm	firm	NOUN
cjal-9207	493	13	's	's	PART
cjal-9207	493	14	public	public	ADJ
cjal-9207	493	15	share	share	NOUN
cjal-9207	493	16	price	price	NOUN
cjal-9207	493	17	is	be	AUX
cjal-9207	493	18	constituted	constitute	VERB
cjal-9207	493	19	by	by	ADP
cjal-9207	493	20	the	the	DET
cjal-9207	493	21	shareholders	shareholder	NOUN
cjal-9207	493	22	'	'	PART
cjal-9207	493	23	exit	exit	NOUN
cjal-9207	493	24	from	from	ADP
cjal-9207	493	25	an	an	DET
cjal-9207	493	26	investment	investment	NOUN
cjal-9207	493	27	,	,	PUNCT
cjal-9207	493	28	colloquially	colloquially	ADV
cjal-9207	493	29	termed	term	VERB
cjal-9207	493	30	"	"	PUNCT
cjal-9207	493	31	voting	vote	VERB
cjal-9207	493	32	with	with	ADP
cjal-9207	493	33	their	their	PRON
cjal-9207	493	34	feet	foot	NOUN
cjal-9207	493	35	"	"	PUNCT
cjal-9207	493	36	or	or	CCONJ
cjal-9207	493	37	"	"	PUNCT
cjal-9207	493	38	the	the	DET
cjal-9207	493	39	wall	wall	PROPN
cjal-9207	493	40	-	-	PUNCT
cjal-9207	493	41	street	street	NOUN
cjal-9207	493	42	walk	walk	NOUN
cjal-9207	493	43	.	.	PUNCT
cjal-9207	493	44	"	"	PUNCT
cjal-9207	494	1	79	79	NUM
cjal-9207	494	2	this	this	DET
cjal-9207	494	3	market	market	NOUN
cjal-9207	494	4	price	price	NOUN
cjal-9207	494	5	mechanism	mechanism	NOUN
cjal-9207	494	6	has	have	AUX
cjal-9207	494	7	been	be	AUX
cjal-9207	494	8	shown	show	VERB
cjal-9207	494	9	empirically	empirically	ADV
cjal-9207	494	10	to	to	PART
cjal-9207	494	11	have	have	VERB
cjal-9207	494	12	a	a	DET
cjal-9207	494	13	disciplinary	disciplinary	ADJ
cjal-9207	494	14	effect	effect	NOUN
cjal-9207	494	15	on	on	ADP
cjal-9207	494	16	firm	firm	ADJ
cjal-9207	494	17	management	management	NOUN
cjal-9207	494	18	.	.	PUNCT
cjal-9207	495	1	in	in	ADP
cjal-9207	495	2	fact	fact	NOUN
cjal-9207	495	3	,	,	PUNCT
cjal-9207	495	4	just	just	ADV
cjal-9207	495	5	the	the	DET
cjal-9207	495	6	credible	credible	ADJ
cjal-9207	495	7	threat	threat	NOUN
cjal-9207	495	8	of	of	ADP
cjal-9207	495	9	shareholders	shareholder	NOUN
cjal-9207	495	10	selling	sell	VERB
cjal-9207	495	11	has	have	VERB
cjal-9207	495	12	a	a	DET
cjal-9207	495	13	disciplinary	disciplinary	ADJ
cjal-9207	495	14	effect	effect	NOUN
cjal-9207	495	15	,	,	PUNCT
cjal-9207	495	16	and	and	CCONJ
cjal-9207	495	17	provides	provide	VERB
cjal-9207	495	18	groups	group	NOUN
cjal-9207	495	19	of	of	ADP
cjal-9207	495	20	shareholders	shareholder	NOUN
cjal-9207	495	21	some	some	DET
cjal-9207	495	22	traction	traction	NOUN
cjal-9207	495	23	in	in	ADP
cjal-9207	495	24	influencing	influence	VERB
cjal-9207	495	25	management	management	NOUN
cjal-9207	495	26	decisions	decision	NOUN
cjal-9207	495	27	,	,	PUNCT
cjal-9207	495	28	thereby	thereby	ADV
cjal-9207	495	29	amounting	amount	VERB
cjal-9207	495	30	to	to	ADP
cjal-9207	495	31	a	a	DET
cjal-9207	495	32	form	form	NOUN
cjal-9207	495	33	of	of	ADP
cjal-9207	495	34	public	public	ADJ
cjal-9207	495	35	shareholder	shareholder	NOUN
cjal-9207	495	36	monitoring	monitoring	NOUN
cjal-9207	495	37	.	.	PUNCT
cjal-9207	496	1	80	80	NUM
cjal-9207	496	2	of	of	ADP
cjal-9207	496	3	course	course	NOUN
cjal-9207	496	4	,	,	PUNCT
cjal-9207	496	5	that	that	SCONJ
cjal-9207	496	6	leverage	leverage	NOUN
cjal-9207	496	7	is	be	AUX
cjal-9207	496	8	only	only	ADV
cjal-9207	496	9	amplified	amplify	VERB
cjal-9207	496	10	in	in	ADP
cjal-9207	496	11	a	a	DET
cjal-9207	496	12	situation	situation	NOUN
cjal-9207	496	13	where	where	SCONJ
cjal-9207	496	14	there	there	PRON
cjal-9207	496	15	is	be	VERB
cjal-9207	496	16	a	a	DET
cjal-9207	496	17	functioning	function	VERB
cjal-9207	496	18	market	market	NOUN
cjal-9207	496	19	for	for	ADP
cjal-9207	496	20	corporate	corporate	ADJ
cjal-9207	496	21	control	control	NOUN
cjal-9207	496	22	,	,	PUNCT
cjal-9207	496	23	where	where	SCONJ
cjal-9207	496	24	mass	mass	ADJ
cjal-9207	496	25	selling	selling	NOUN
cjal-9207	496	26	decreases	decrease	VERB
cjal-9207	496	27	the	the	DET
cjal-9207	496	28	price	price	NOUN
cjal-9207	496	29	to	to	ADP
cjal-9207	496	30	a	a	DET
cjal-9207	496	31	level	level	NOUN
cjal-9207	496	32	at	at	ADP
cjal-9207	496	33	which	which	PRON
cjal-9207	496	34	a	a	DET
cjal-9207	496	35	hostile	hostile	ADJ
cjal-9207	496	36	acquirer	acquirer	NOUN
cjal-9207	496	37	can	can	AUX
cjal-9207	496	38	purchase	purchase	VERB
cjal-9207	496	39	control	control	NOUN
cjal-9207	496	40	cheaply	cheaply	ADV
cjal-9207	496	41	and	and	CCONJ
cjal-9207	496	42	then	then	ADV
cjal-9207	496	43	oust	oust	VERB
cjal-9207	496	44	incumbent	incumbent	ADJ
cjal-9207	496	45	management	management	NOUN
cjal-9207	496	46	.	.	PUNCT
cjal-9207	497	1	yet	yet	ADV
cjal-9207	497	2	,	,	PUNCT
cjal-9207	497	3	the	the	DET
cjal-9207	497	4	firm	firm	NOUN
cjal-9207	497	5	's	's	PART
cjal-9207	497	6	public	public	ADJ
cjal-9207	497	7	share	share	NOUN
cjal-9207	497	8	price	price	NOUN
cjal-9207	497	9	and	and	CCONJ
cjal-9207	497	10	the	the	DET
cjal-9207	497	11	theory	theory	NOUN
cjal-9207	497	12	of"exit	of"exit	NOUN
cjal-9207	497	13	"	"	PUNCT
cjal-9207	497	14	as	as	ADP
cjal-9207	497	15	a	a	DET
cjal-9207	497	16	form	form	NOUN
cjal-9207	497	17	of	of	ADP
cjal-9207	497	18	shareholder	shareholder	NOUN
cjal-9207	497	19	voice	voice	NOUN
cjal-9207	497	20	cum	cum	NOUN
cjal-9207	497	21	monitoring	monitoring	NOUN
cjal-9207	497	22	,	,	PUNCT
cjal-9207	497	23	operates	operate	VERB
cjal-9207	497	24	as	as	ADP
cjal-9207	497	25	a	a	DET
cjal-9207	497	26	disciplinary	disciplinary	ADJ
cjal-9207	497	27	mechanism	mechanism	NOUN
cjal-9207	497	28	even	even	ADV
cjal-9207	497	29	without	without	ADP
cjal-9207	497	30	a	a	DET
cjal-9207	497	31	threat	threat	NOUN
cjal-9207	497	32	of	of	ADP
cjal-9207	497	33	a	a	DET
cjal-9207	497	34	hostile	hostile	ADJ
cjal-9207	497	35	acquirer	acquirer	NOUN
cjal-9207	497	36	.	.	PUNCT
cjal-9207	498	1	thus	thus	ADV
cjal-9207	498	2	,	,	PUNCT
cjal-9207	498	3	there	there	PRON
cjal-9207	498	4	is	be	VERB
cjal-9207	498	5	no	no	DET
cjal-9207	498	6	reason	reason	NOUN
cjal-9207	498	7	why	why	SCONJ
cjal-9207	498	8	the	the	DET
cjal-9207	498	9	same	same	ADJ
cjal-9207	498	10	principle	principle	NOUN
cjal-9207	498	11	should	should	AUX
cjal-9207	498	12	not	not	PART
cjal-9207	498	13	also	also	ADV
cjal-9207	498	14	apply	apply	VERB
cjal-9207	498	15	in	in	ADP
cjal-9207	498	16	concentrated	concentrated	ADJ
cjal-9207	498	17	markets	market	NOUN
cjal-9207	498	18	without	without	ADP
cjal-9207	498	19	a	a	DET
cjal-9207	498	20	market	market	NOUN
cjal-9207	498	21	for	for	ADP
cjal-9207	498	22	corporate	corporate	ADJ
cjal-9207	498	23	control	control	NOUN
cjal-9207	498	24	.	.	PUNCT
cjal-9207	499	1	without	without	ADP
cjal-9207	499	2	a	a	DET
cjal-9207	499	3	doubt	doubt	NOUN
cjal-9207	499	4	,	,	PUNCT
cjal-9207	499	5	a	a	DET
cjal-9207	499	6	share	share	NOUN
cjal-9207	499	7	price	price	NOUN
cjal-9207	499	8	drop	drop	NOUN
cjal-9207	499	9	from	from	ADP
cjal-9207	499	10	mass	mass	ADJ
cjal-9207	499	11	shareholder	shareholder	NOUN
cjal-9207	499	12	defection	defection	NOUN
cjal-9207	499	13	has	have	VERB
cjal-9207	499	14	consequences	consequence	NOUN
cjal-9207	499	15	for	for	ADP
cjal-9207	499	16	firm	firm	ADJ
cjal-9207	499	17	market	market	NOUN
cjal-9207	499	18	value	value	NOUN
cjal-9207	499	19	in	in	ADP
cjal-9207	499	20	these	these	DET
cjal-9207	499	21	markets	market	NOUN
cjal-9207	499	22	as	as	ADV
cjal-9207	499	23	well	well	ADV
cjal-9207	499	24	;	;	PUNCT
cjal-9207	499	25	and	and	CCONJ
cjal-9207	499	26	the	the	DET
cjal-9207	499	27	relative	relative	ADJ
cjal-9207	499	28	success	success	NOUN
cjal-9207	499	29	or	or	CCONJ
cjal-9207	499	30	failure	failure	NOUN
cjal-9207	499	31	of	of	ADP
cjal-9207	499	32	a	a	DET
cjal-9207	499	33	corporation	corporation	NOUN
cjal-9207	499	34	as	as	SCONJ
cjal-9207	499	35	measured	measure	VERB
cjal-9207	499	36	by	by	ADP
cjal-9207	499	37	firm	firm	ADJ
cjal-9207	499	38	market	market	NOUN
cjal-9207	499	39	value	value	NOUN
cjal-9207	499	40	will	will	AUX
cjal-9207	499	41	almost	almost	ADV
cjal-9207	499	42	certainly	certainly	ADV
cjal-9207	499	43	affect	affect	VERB
cjal-9207	499	44	the	the	DET
cjal-9207	499	45	reputation	reputation	NOUN
cjal-9207	499	46	and/or	and/or	CCONJ
cjal-9207	499	47	advancement	advancement	NOUN
cjal-9207	499	48	of	of	ADP
cjal-9207	499	49	corporate	corporate	ADJ
cjal-9207	499	50	insiders	insider	NOUN
cjal-9207	499	51	.	.	PUNCT
cjal-9207	500	1	a	a	DET
cjal-9207	500	2	controlling	control	VERB
cjal-9207	500	3	shareholder	shareholder	NOUN
cjal-9207	500	4	can	can	AUX
cjal-9207	500	5	be	be	AUX
cjal-9207	500	6	similarly	similarly	ADV
cjal-9207	500	7	affected	affect	VERB
cjal-9207	500	8	by	by	ADP
cjal-9207	500	9	a	a	DET
cjal-9207	500	10	threat	threat	NOUN
cjal-9207	500	11	of	of	ADP
cjal-9207	500	12	larg	larg	NOUN
cjal-9207	500	13	e	e	NOUN
cjal-9207	500	14	scale	scale	NOUN
cjal-9207	500	15	defection	defection	NOUN
cjal-9207	500	16	of	of	ADP
cjal-9207	500	17	public	public	ADJ
cjal-9207	500	18	investors	investor	NOUN
cjal-9207	500	19	(	(	PUNCT
cjal-9207	500	20	and	and	CCONJ
cjal-9207	500	21	the	the	DET
cjal-9207	500	22	resultant	resultant	NOUN
cjal-9207	500	23	decrease	decrease	NOUN
cjal-9207	500	24	in	in	ADP
cjal-9207	500	25	market	market	NOUN
cjal-9207	500	26	value	value	NOUN
cjal-9207	500	27	)	)	PUNCT
cjal-9207	500	28	,	,	PUNCT
cjal-9207	500	29	especially	especially	ADV
cjal-9207	500	30	with	with	ADP
cjal-9207	500	31	regard	regard	NOUN
cjal-9207	500	32	to	to	ADP
cjal-9207	500	33	future	future	ADJ
cjal-9207	500	34	capital	capital	NOUN
cjal-9207	500	35	raising	raising	NOUN
cjal-9207	500	36	.	.	PUNCT
cjal-9207	501	1	moreover	moreover	ADV
cjal-9207	501	2	,	,	PUNCT
cjal-9207	501	3	where	where	SCONJ
cjal-9207	501	4	ownership	ownership	NOUN
cjal-9207	501	5	is	be	AUX
cjal-9207	501	6	concentrated	concentrate	VERB
cjal-9207	501	7	but	but	CCONJ
cjal-9207	501	8	control	control	NOUN
cjal-9207	501	9	is	be	AUX
cjal-9207	501	10	organized	organize	VERB
cjal-9207	501	11	through	through	ADP
cjal-9207	501	12	business	business	NOUN
cjal-9207	501	13	groups	group	NOUN
cjal-9207	501	14	,	,	PUNCT
cjal-9207	501	15	a	a	DET
cjal-9207	501	16	reduction	reduction	NOUN
cjal-9207	501	17	in	in	ADP
cjal-9207	501	18	the	the	DET
cjal-9207	501	19	public	public	ADJ
cjal-9207	501	20	valuation	valuation	NOUN
cjal-9207	501	21	of	of	ADP
cjal-9207	501	22	a	a	DET
cjal-9207	501	23	given	give	VERB
cjal-9207	501	24	firm	firm	NOUN
cjal-9207	501	25	in	in	ADP
cjal-9207	501	26	the	the	DET
cjal-9207	501	27	group	group	NOUN
cjal-9207	501	28	and	and	CCONJ
cjal-9207	501	29	the	the	DET
cjal-9207	501	30	associated	associated	ADJ
cjal-9207	501	31	reputational	reputational	ADJ
cjal-9207	501	32	harm	harm	NOUN
cjal-9207	501	33	caused	cause	VERB
cjal-9207	501	34	to	to	ADP
cjal-9207	501	35	the	the	DET
cjal-9207	501	36	control	control	NOUN
cjal-9207	501	37	parties	party	NOUN
cjal-9207	501	38	will	will	AUX
cjal-9207	501	39	have	have	VERB
cjal-9207	501	40	negative	negative	ADJ
cjal-9207	501	41	implications	implication	NOUN
cjal-9207	501	42	at	at	ADP
cjal-9207	501	43	the	the	DET
cjal-9207	501	44	group	group	NOUN
cjal-9207	501	45	level	level	NOUN
cjal-9207	501	46	and	and	CCONJ
cjal-9207	501	47	on	on	ADP
cjal-9207	501	48	individual	individual	ADJ
cjal-9207	501	49	firms	firm	NOUN
cjal-9207	501	50	within	within	ADP
cjal-9207	501	51	the	the	DET
cjal-9207	501	52	group	group	NOUN
cjal-9207	501	53	.	.	PUNCT
cjal-9207	502	1	hence	hence	ADV
cjal-9207	502	2	,	,	PUNCT
cjal-9207	502	3	under	under	ADP
cjal-9207	502	4	conditions	condition	NOUN
cjal-9207	502	5	where	where	SCONJ
cjal-9207	502	6	there	there	PRON
cjal-9207	502	7	is	be	VERB
cjal-9207	502	8	sufficient	sufficient	ADJ
cjal-9207	502	9	liquidity	liquidity	NOUN
cjal-9207	502	10	in	in	ADP
cjal-9207	502	11	the	the	DET
cjal-9207	502	12	public	public	ADJ
cjal-9207	502	13	float	float	NOUN
cjal-9207	502	14	of	of	ADP
cjal-9207	502	15	a	a	DET
cjal-9207	502	16	controlled	control	VERB
cjal-9207	502	17	firm3	firm3	NOUN
cjal-9207	502	18	1	1	NUM
cjal-9207	502	19	-	-	PUNCT
cjal-9207	502	20	meaning	mean	VERB
cjal-9207	502	21	the	the	DET
cjal-9207	502	22	easy	easy	ADJ
cjal-9207	502	23	78	78	NUM
cjal-9207	502	24	lujiazui	lujiazui	NOUN
cjal-9207	502	25	is	be	AUX
cjal-9207	502	26	the	the	DET
cjal-9207	502	27	name	name	NOUN
cjal-9207	502	28	of	of	ADP
cjal-9207	502	29	the	the	DET
cjal-9207	502	30	new	new	ADJ
cjal-9207	502	31	financial	financial	ADJ
cjal-9207	502	32	district	district	NOUN
cjal-9207	502	33	in	in	ADP
cjal-9207	502	34	shanghai	shanghai	PROPN
cjal-9207	502	35	.	.	PUNCT
cjal-9207	503	1	see	see	VERB
cjal-9207	503	2	,	,	PUNCT
cjal-9207	503	3	lujiazui	lujiazui	PROPN
cjal-9207	503	4	,	,	PUNCT
cjal-9207	503	5	wikipedia	wikipedia	PROPN
cjal-9207	503	6	,	,	PUNCT
cjal-9207	503	7	https	https	NOUN
cjal-9207	503	8	:	:	PUNCT
cjal-9207	503	9	1	1	NUM
cjal-9207	503	10	/	/	SYM
cjal-9207	503	11	en.wikipedia.org	en.wikipedia.org	ADJ
cjal-9207	503	12	/	/	SYM
cjal-9207	503	13	wiki	wiki	PROPN
cjal-9207	503	14	/	/	SYM
cjal-9207	503	15	lujiazui	lujiazui	PROPN
cjal-9207	503	16	(	(	PUNCT
cjal-9207	503	17	last	last	ADV
cjal-9207	503	18	modified	modify	VERB
cjal-9207	503	19	jan	jan	PROPN
cjal-9207	503	20	.	.	PROPN
cjal-9207	503	21	26	26	NUM
cjal-9207	503	22	,	,	PUNCT
cjal-9207	503	23	2017	2017	NUM
cjal-9207	503	24	)	)	PUNCT
cjal-9207	503	25	.	.	PUNCT
cjal-9207	504	1	79	79	NUM
cjal-9207	504	2	anat	anat	PROPN
cjal-9207	504	3	r.	r.	PROPN
cjal-9207	504	4	admati	admati	PROPN
cjal-9207	504	5	&	&	CCONJ
cjal-9207	504	6	paul	paul	PROPN
cjal-9207	504	7	pfleiderer	pfleiderer	PROPN
cjal-9207	504	8	,	,	PUNCT
cjal-9207	504	9	the	the	DET
cjal-9207	504	10	"	"	PUNCT
cjal-9207	504	11	wall	wall	PROPN
cjal-9207	504	12	street	street	PROPN
cjal-9207	504	13	walk	walk	VERB
cjal-9207	504	14	"	"	PUNCT
cjal-9207	504	15	and	and	CCONJ
cjal-9207	504	16	shareholder	shareholder	NOUN
cjal-9207	504	17	activism	activism	NOUN
cjal-9207	504	18	:	:	PUNCT
cjal-9207	504	19	exit	exit	NOUN
cjal-9207	504	20	as	as	ADP
cjal-9207	504	21	a	a	DET
cjal-9207	504	22	form	form	NOUN
cjal-9207	504	23	of	of	ADP
cjal-9207	504	24	voice	voice	NOUN
cjal-9207	504	25	,	,	PUNCT
cjal-9207	504	26	22	22	NUM
cjal-9207	504	27	rev	rev	X
cjal-9207	504	28	.	.	PROPN
cjal-9207	504	29	fin	fin	NOUN
cjal-9207	504	30	.	.	PUNCT
cjal-9207	504	31	stud	stud	PROPN
cjal-9207	504	32	.	.	PUNCT
cjal-9207	505	1	2645	2645	NUM
cjal-9207	505	2	(	(	PUNCT
cjal-9207	505	3	2009	2009	NUM
cjal-9207	505	4	)	)	PUNCT
cjal-9207	505	5	(	(	PUNCT
cjal-9207	505	6	distinguishing	distinguish	VERB
cjal-9207	505	7	between	between	ADP
cjal-9207	505	8	overt	overt	ADJ
cjal-9207	505	9	activism	activism	NOUN
cjal-9207	505	10	and	and	CCONJ
cjal-9207	505	11	a	a	DET
cjal-9207	505	12	threat	threat	NOUN
cjal-9207	505	13	of	of	ADP
cjal-9207	505	14	exist	exist	VERB
cjal-9207	505	15	as	as	ADP
cjal-9207	505	16	a	a	DET
cjal-9207	505	17	form	form	NOUN
cjal-9207	505	18	of	of	ADP
cjal-9207	505	19	shareholder	shareholder	NOUN
cjal-9207	505	20	activism	activism	NOUN
cjal-9207	505	21	)	)	PUNCT
cjal-9207	505	22	.	.	PUNCT
cjal-9207	505	23	00	00	PUNCT
cjal-9207	506	1	robert	robert	PROPN
cjal-9207	506	2	parrino	parrino	PROPN
cjal-9207	506	3	et	et	PROPN
cjal-9207	506	4	al	al	PROPN
cjal-9207	506	5	.	.	PROPN
cjal-9207	506	6	,	,	PUNCT
cjal-9207	506	7	voting	vote	VERB
cjal-9207	506	8	with	with	ADP
cjal-9207	506	9	their	their	PRON
cjal-9207	506	10	feet	foot	NOUN
cjal-9207	506	11	:	:	PUNCT
cjal-9207	506	12	institutional	institutional	ADJ
cjal-9207	506	13	ownership	ownership	NOUN
cjal-9207	506	14	changes	change	NOUN
cjal-9207	506	15	around	around	ADP
cjal-9207	506	16	fo_rced	fo_rce	VERB
cjal-9207	506	17	ceo	ceo	NOUN
cjal-9207	506	18	turnover	turnover	NOUN
cjal-9207	506	19	,	,	PUNCT
cjal-9207	506	20	68	68	NUM
cjal-9207	506	21	j.	j.	PROPN
cjal-9207	506	22	fin	fin	PROPN
cjal-9207	506	23	.	.	PUNCT
cjal-9207	506	24	econ	econ	PROPN
cjal-9207	506	25	.	.	PUNCT
cjal-9207	507	1	3	3	NUM
cjal-9207	507	2	(	(	PUNCT
cjal-9207	507	3	2003	2003	NUM
cjal-9207	507	4	)	)	PUNCT
cjal-9207	507	5	;	;	PUNCT
cjal-9207	507	6	admati	admati	PROPN
cjal-9207	507	7	&	&	CCONJ
cjal-9207	507	8	pfleiderer	pfleiderer	PROPN
cjal-9207	507	9	,	,	PUNCT
cjal-9207	507	10	supra	supra	PROPN
cjal-9207	507	11	note	note	NOUN
cjal-9207	507	12	79	79	NUM
cjal-9207	507	13	(	(	PUNCT
cjal-9207	507	14	provjdmg	provjdmg	VERB
cjal-9207	507	15	a	a	DET
cjal-9207	507	16	mod	mod	PROPN
cjal-9207	507	17	el	el	PROPN
cjal-9207	507	18	whereby	whereby	SCONJ
cjal-9207	507	19	the	the	DET
cjal-9207	507	20	threat	threat	NOUN
cjal-9207	507	21	of	of	ADP
cjal-9207	507	22	exit	exit	NOUN
cjal-9207	507	23	by	by	ADP
cjal-9207	507	24	a	a	DET
cjal-9207	507	25	large	large	ADJ
cjal-9207	507	26	shareholder	shareholder	NOUN
cjal-9207	507	27	on	on	ADP
cjal-9207	507	28	the	the	DET
cjal-9207	507	29	basis	basis	NOUN
cjal-9207	507	30	of	of	ADP
cjal-9207	507	31	private	private	ADJ
cjal-9207	507	32	information	information	NOUN
cjal-9207	507	33	can	can	AUX
cjal-9207	507	34	have	have	VERB
cjal-9207	507	35	a	a	DET
cjal-9207	507	36	disciplinary	disciplinary	ADJ
cjal-9207	507	37	impact	impact	NOUN
cjal-9207	507	38	on	on	ADP
cjal-9207	507	39	managers	manager	NOUN
cjal-9207	507	40	'	'	PART
cjal-9207	507	41	decisions	decision	NOUN
cjal-9207	507	42	)	)	PUNCT
cjal-9207	507	43	.	.	PUNCT
cjal-9207	507	44	.	.	PUNCT
cjal-9207	508	1	_	_	NOUN
cjal-9207	509	1	81	81	NUM
cjal-9207	509	2	most	most	ADJ
cjal-9207	509	3	of	of	ADP
cjal-9207	509	4	the	the	DET
cjal-9207	509	5	research	research	NOUN
cjal-9207	509	6	o	o	NOUN
cjal-9207	509	7	?	?	PUNCT
cjal-9207	510	1	market	market	NOUN
cjal-9207	510	2	liquidity	liquidity	NOUN
cjal-9207	510	3	is	be	AUX
cjal-9207	510	4	focused	focus	VERB
cjal-9207	510	5	on	on	ADP
cjal-9207	510	6	widely	widely	ADV
cjal-9207	510	7	held	hold	VERB
cjal-9207	510	8	firms	firm	NOUN
cjal-9207	510	9	.	.	PUNCT
cjal-9207	511	1	see	see	VERB
cjal-9207	511	2	,	,	PUNCT
cjal-9207	511	3	e.g.	e.g.	ADV
cjal-9207	511	4	,	,	PUNCT
cjal-9207	511	5	patrick	patrick	PROPN
cjal-9207	511	6	bolton	bolton	PROPN
cjal-9207	511	7	&	&	CCONJ
cjal-9207	511	8	ernst	ernst	PROPN
cjal-9207	511	9	-	-	PUNCT
cjal-9207	511	10	ludwig	ludwig	PROPN
cjal-9207	511	11	von	von	PROPN
cjal-9207	511	12	thadden	thadden	PROPN
cjal-9207	511	13	,	,	PUNCT
cjal-9207	511	14	blocks	block	NOUN
cjal-9207	511	15	,	,	PUNCT
cjal-9207	511	16	liquidity	liquidity	NOUN
cjal-9207	511	17	,	,	PUNCT
cjal-9207	511	18	and	and	CCONJ
cjal-9207	511	19	corporate	corporate	ADJ
cjal-9207	511	20	control	control	NOUN
cjal-9207	511	21	53	53	NUM
cjal-9207	511	22	j.	j.	PROPN
cjal-9207	511	23	fin	fin	PROPN
cjal-9207	511	24	_	_	PROPN
cjal-9207	511	25	.	.	PUNCT
cjal-9207	512	1	1	1	NUM
cjal-9207	512	2	,	,	PUNCT
cjal-9207	512	3	2	2	NUM
cjal-9207	512	4	(	(	PUNCT
cjal-9207	512	5	1998	1998	NUM
cjal-9207	512	6	)	)	PUNCT
cjal-9207	512	7	(	(	PUNCT
cjal-9207	512	8	ass	ass	NOUN
cjal-9207	512	9	~	~	PUNCT
cjal-9207	512	10	rting	rte	VERB
cjal-9207	512	11	that	that	SCONJ
cjal-9207	512	12	"	"	PUNCT
cjal-9207	512	13	the	the	DET
cjal-9207	512	14	benefits	benefit	NOUN
cjal-9207	512	15	of	of	ADP
cjal-9207	512	16	dispersion	dispersion	NOUN
cjal-9207	512	17	are	be	AUX
cjal-9207	512	18	mainly	mainly	ADV
cjal-9207	512	19	greater	great	ADJ
cjal-9207	512	20	ma	ma	PROPN
cjal-9207	512	21	:	:	PUNCT
cjal-9207	512	22	ket	ket	NOUN
cjal-9207	512	23	liqwd1ty	liqwd1ty	NOUN
cjal-9207	512	24	and	and	CCONJ
cjal-9207	512	25	better	well	ADJ
cjal-9207	512	26	risk	risk	NOUN
cjal-9207	512	27	-	-	PUNCT
cjal-9207	512	28	diversification	diversification	NOUN
cjal-9207	512	29	"	"	PUNCT
cjal-9207	512	30	)	)	PUNCT
cjal-9207	512	31	;	;	PUNCT
cjal-9207	512	32	amir	amir	PROPN
cjal-9207	512	33	rubin	rubin	PROPN
cjal-9207	512	34	,	,	PUNCT
cjal-9207	512	35	ownership	ownership	NOUN
cjal-9207	512	36	level	level	NOUN
cjal-9207	512	37	ownership	ownership	NOUN
cjal-9207	512	38	concentmtio,_i	concentmtio,_i	NOUN
cjal-9207	512	39	~nd	~nd	NOUN
cjal-9207	512	40	liquidity	liquidity	NOUN
cjal-9207	512	41	,	,	PUNCT
cjal-9207	512	42	10	10	NUM
cjal-9207	512	43	j.	j.	PROPN
cjal-9207	512	44	fin	fin	PROPN
cjal-9207	512	45	.	.	PUNCT
cjal-9207	513	1	markets	market	NOUN
cjal-9207	513	2	219	219	NUM
cjal-9207	513	3	(	(	PUNCT
cjal-9207	513	4	2007	2007	NUM
cjal-9207	513	5	)	)	PUNCT
cjal-9207	513	6	(	(	PUNCT
cjal-9207	513	7	examining	examine	VERB
cjal-9207	513	8	the	the	DET
cjal-9207	513	9	'	'	PUNCT
cjal-9207	513	10	relationship	relationship	NOUN
cjal-9207	513	11	?	?	PUNCT
cjal-9207	514	1	et\:een	et\:een	PROPN
cjal-9207	514	2	liqwd1ty	liqwd1ty	ADJ
cjal-9207	514	3	level	level	NOUN
cjal-9207	514	4	to	to	ADP
cjal-9207	514	5	ownership	ownership	NOUN
cjal-9207	514	6	concentration	concentration	NOUN
cjal-9207	514	7	measured	measure	VERB
cjal-9207	514	8	by	by	ADP
cjal-9207	514	9	insiders	insider	NOUN
cjal-9207	514	10	'	'	PART
cjal-9207	514	11	ownership	ownership	NOUN
cjal-9207	514	12	and	and	CCONJ
cjal-9207	514	13	m	m	PROPN
cjal-9207	514	14	stitutio	stitutio	NOUN
cjal-9207	514	15	nal	nal	ADJ
cjal-9207	514	16	mvestors	mvestor	NOUN
cjal-9207	514	17	hold	hold	VERB
cjal-9207	514	18	~	~	PROPN
cjal-9207	514	19	g	g	NOUN
cjal-9207	514	20	in	in	ADP
cjal-9207	514	21	~-8	~-8	PRON
cjal-9207	514	22	.	.	PUNCT
cjal-9207	515	1	_	_	PUNCT
cjal-9207	515	2	~sted	~ste	VERB
cjal-9207	515	3	firms	firm	NOUN
cjal-9207	515	4	)	)	PUNCT
cjal-9207	515	5	.	.	PUNCT
cjal-9207	516	1	but	but	CCONJ
cjal-9207	516	2	see	see	VERB
cjal-9207	516	3	marco	marco	PROPN
cjal-9207	516	4	becht	becht	PROPN
cjal-9207	516	5	,	,	PUNCT
cjal-9207	516	6	european	european	ADJ
cjal-9207	516	7	corporate	corporate	ADJ
cjal-9207	516	8	governance	governance	NOUN
cjal-9207	516	9	:	:	PUNCT
cjal-9207	516	10	tr	tr	VERB
cjal-9207	516	11	°	°	PRON
cjal-9207	516	12	';ing	';e	VERB
cjal-9207	516	13	off	off	ADP
cjal-9207	516	14	liquidity	liquidity	NOUN
cjal-9207	516	15	against	against	ADP
cjal-9207	516	16	control	control	NOUN
cjal-9207	516	17	,	,	PUNCT
cjal-9207	516	18	43	43	NUM
cjal-9207	516	19	euro	euro	NOUN
cjal-9207	516	20	.	.	PUNCT
cjal-9207	517	1	econ	econ	PROPN
cjal-9207	517	2	.	.	PUNCT
cjal-9207	518	1	rev	rev	PROPN
cjal-9207	518	2	.	.	PROPN
cjal-9207	518	3	1071	1071	NUM
cjal-9207	518	4	,	,	PUNCT
cjal-9207	518	5	1077	1077	NUM
cjal-9207	518	6	(	(	PUNCT
cjal-9207	518	7	1999	1999	NUM
cjal-9207	518	8	)	)	PUNCT
cjal-9207	518	9	(	(	PUNCT
cjal-9207	518	10	asserting	assert	VERB
cjal-9207	518	11	that	that	SCONJ
cjal-9207	518	12	[	[	X
cjal-9207	518	13	t]or	t]or	ADP
cjal-9207	518	14	the	the	DET
cjal-9207	518	15	umted	umted	ADJ
cjal-9207	518	16	states	state	NOUN
cjal-9207	518	17	,	,	PUNCT
cjal-9207	518	18	there	there	PRON
cjal-9207	518	19	is	be	VERB
cjal-9207	518	20	extensive	extensive	ADJ
cjal-9207	518	21	empirical	empirical	ADJ
cjal-9207	518	22	evidence	evidence	NOUN
cjal-9207	518	23	...	...	PUNCT
cjal-9207	518	24	2016	2016	NUM
cjal-9207	518	25	]	]	PUNCT
cjal-9207	518	26	minority	minority	NOUN
cjal-9207	518	27	public	public	ADJ
cjal-9207	518	28	shareholders	shareholder	NOUN
cjal-9207	518	29	in	in	ADP
cjal-9207	518	30	china	china	PROPN
cjal-9207	518	31	25	25	NUM
cjal-9207	518	32	availability	availability	NOUN
cjal-9207	518	33	of	of	ADP
cjal-9207	518	34	the	the	DET
cjal-9207	518	35	shareholders	shareholder	NOUN
cjal-9207	518	36	'	'	PART
cjal-9207	518	37	exit	exit	NOUN
cjal-9207	518	38	option	option	NOUN
cjal-9207	518	39	or	or	CCONJ
cjal-9207	518	40	the	the	DET
cjal-9207	518	41	credible	credible	ADJ
cjal-9207	518	42	threat	threat	NOUN
cjal-9207	518	43	of	of	ADP
cjal-9207	518	44	iteven	iteven	NOUN
cjal-9207	518	45	firms	firm	NOUN
cjal-9207	518	46	in	in	ADP
cjal-9207	518	47	concentrated	concentrated	ADJ
cjal-9207	518	48	capital	capital	NOUN
cjal-9207	518	49	markets	market	NOUN
cjal-9207	518	50	and	and	CCONJ
cjal-9207	518	51	their	their	PRON
cjal-9207	518	52	management	management	NOUN
cjal-9207	518	53	can	can	AUX
cjal-9207	518	54	be	be	AUX
cjal-9207	518	55	disciplined	discipline	VERB
cjal-9207	518	56	by	by	ADP
cjal-9207	518	57	standard	standard	ADJ
cjal-9207	518	58	capital	capital	NOUN
cjal-9207	518	59	markets	market	NOUN
cjal-9207	518	60	mechanisms	mechanism	NOUN
cjal-9207	518	61	such	such	ADJ
cjal-9207	518	62	as	as	ADP
cjal-9207	518	63	public	public	ADJ
cjal-9207	518	64	price	price	NOUN
cjal-9207	518	65	,	,	PUNCT
cjal-9207	518	66	exit	exit	NOUN
cjal-9207	518	67	threats	threat	NOUN
cjal-9207	518	68	,	,	PUNCT
cjal-9207	518	69	etc	etc	X
cjal-9207	518	70	.	.	X
cjal-9207	518	71	,	,	PUNCT
cjal-9207	518	72	and	and	CCONJ
cjal-9207	518	73	even	even	ADV
cjal-9207	518	74	without	without	ADP
cjal-9207	518	75	a	a	DET
cjal-9207	518	76	market	market	NOUN
cjal-9207	518	77	for	for	ADP
cjal-9207	518	78	corporate	corporate	ADJ
cjal-9207	518	79	control	control	NOUN
cjal-9207	518	80	,	,	PUNCT
cjal-9207	518	81	thereby	thereby	ADV
cjal-9207	518	82	potentially	potentially	ADV
cjal-9207	518	83	subjecting	subject	VERB
cjal-9207	518	84	them	they	PRON
cjal-9207	518	85	to	to	ADP
cjal-9207	518	86	pressures	pressure	NOUN
cjal-9207	518	87	by	by	ADP
cjal-9207	518	88	minority	minority	NOUN
cjal-9207	518	89	public	public	ADJ
cjal-9207	518	90	shareho	shareho	PROPN
cjal-9207	518	91	lders	lder	NOUN
cjal-9207	518	92	.	.	PUNCT
cjal-9207	519	1	as	as	SCONJ
cjal-9207	519	2	i	i	PRON
cjal-9207	519	3	have	have	AUX
cjal-9207	519	4	described	describe	VERB
cjal-9207	519	5	above	above	ADV
cjal-9207	519	6	,	,	PUNCT
cjal-9207	519	7	the	the	DET
cjal-9207	519	8	political	political	ADJ
cjal-9207	519	9	advancement	advancement	NOUN
cjal-9207	519	10	of	of	ADP
cjal-9207	519	11	nomenklatura	nomenklatura	ADJ
cjal-9207	519	12	appointees	appointee	NOUN
cjal-9207	519	13	to	to	ADP
cjal-9207	519	14	the	the	DET
cjal-9207	519	15	management	management	NOUN
cjal-9207	519	16	of	of	ADP
cjal-9207	519	17	china	china	PROPN
cjal-9207	519	18	's	's	PART
cjal-9207	519	19	corporatized	corporatize	VERB
cjal-9207	519	20	and	and	CCONJ
cjal-9207	519	21	listed	list	VERB
cjal-9207	519	22	so	so	ADV
cjal-9207	519	23	es	es	NOUN
cjal-9207	519	24	is	be	AUX
cjal-9207	519	25	directly	directly	ADV
cjal-9207	519	26	influenced	influence	VERB
cjal-9207	519	27	by	by	ADP
cjal-9207	519	28	the	the	DET
cjal-9207	519	29	success	success	NOUN
cjal-9207	519	30	of	of	ADP
cjal-9207	519	31	the	the	DET
cjal-9207	519	32	firms	firm	NOUN
cjal-9207	519	33	they	they	PRON
cjal-9207	519	34	manage	manage	VERB
cjal-9207	519	35	.	.	PUNCT
cjal-9207	520	1	there	there	PRON
cjal-9207	520	2	are	be	VERB
cjal-9207	520	3	various	various	ADJ
cjal-9207	520	4	criteria	criterion	NOUN
cjal-9207	520	5	to	to	PART
cjal-9207	520	6	measure	measure	VERB
cjal-9207	520	7	such	such	ADJ
cjal-9207	520	8	success	success	NOUN
cjal-9207	520	9	,	,	PUNCT
cjal-9207	520	10	including	include	VERB
cjal-9207	520	11	changes	change	NOUN
cjal-9207	520	12	in	in	ADP
cjal-9207	520	13	market	market	NOUN
cjal-9207	520	14	price	price	NOUN
cjal-9207	520	15	and	and	CCONJ
cjal-9207	520	16	corporate	corporate	ADJ
cjal-9207	520	17	value	value	NOUN
cjal-9207	520	18	.	.	PUNCT
cjal-9207	521	1	82	82	NUM
cjal-9207	522	1	thus	thus	ADV
cjal-9207	522	2	,	,	PUNCT
cjal-9207	522	3	one	one	PRON
cjal-9207	522	4	might	might	AUX
cjal-9207	522	5	think	think	VERB
cjal-9207	522	6	that	that	SCONJ
cjal-9207	522	7	even	even	ADV
cjal-9207	522	8	with	with	ADP
cjal-9207	522	9	respect	respect	NOUN
cjal-9207	522	10	to	to	ADP
cjal-9207	522	11	the	the	DET
cjal-9207	522	12	prc	prc	PROPN
cjal-9207	522	13	's	's	PART
cjal-9207	522	14	listed	list	VERB
cjal-9207	522	15	soes	soe	NOUN
cjal-9207	522	16	,	,	PUNCT
cjal-9207	522	17	public	public	ADJ
cjal-9207	522	18	shareholders	shareholder	NOUN
cjal-9207	522	19	can	can	AUX
cjal-9207	522	20	sell	sell	VERB
cjal-9207	522	21	,	,	PUNCT
cjal-9207	522	22	or	or	CCONJ
cjal-9207	522	23	threaten	threaten	VERB
cjal-9207	522	24	selling	sell	VERB
cjal-9207	522	25	to	to	PART
cjal-9207	522	26	discipline	discipline	VERB
cjal-9207	522	27	even	even	ADV
cjal-9207	522	28	the	the	DET
cjal-9207	522	29	nomenklatura	nomenklatura	NOUN
cjal-9207	522	30	-	-	PUNCT
cjal-9207	522	31	origin	origin	NOUN
cjal-9207	522	32	managers	manager	NOUN
cjal-9207	522	33	,	,	PUNCT
cjal-9207	522	34	and	and	CCONJ
cjal-9207	522	35	thereby	thereby	ADV
cjal-9207	522	36	influence	influence	VERB
cjal-9207	522	37	or	or	CCONJ
cjal-9207	522	38	participate	participate	VERB
cjal-9207	522	39	in	in	ADP
cjal-9207	522	40	corporate	corporate	ADJ
cjal-9207	522	41	decision	decision	NOUN
cjal-9207	522	42	-	-	PUNCT
cjal-9207	522	43	making	making	NOUN
cjal-9207	522	44	.	.	PUNCT
cjal-9207	523	1	while	while	SCONJ
cjal-9207	523	2	the	the	DET
cjal-9207	523	3	theory	theory	NOUN
cjal-9207	523	4	has	have	VERB
cjal-9207	523	5	much	much	ADJ
cjal-9207	523	6	to	to	PART
cjal-9207	523	7	commend	commend	VERB
cjal-9207	523	8	it	it	PRON
cjal-9207	523	9	,	,	PUNCT
cjal-9207	523	10	i	i	PRON
cjal-9207	523	11	should	should	AUX
cjal-9207	523	12	note	note	VERB
cjal-9207	523	13	,	,	PUNCT
cjal-9207	523	14	however	however	ADV
cjal-9207	523	15	,	,	PUNCT
cjal-9207	523	16	the	the	DET
cjal-9207	523	17	difficulties	difficulty	NOUN
cjal-9207	523	18	in	in	ADP
cjal-9207	523	19	this	this	DET
cjal-9207	523	20	argument	argument	NOUN
cjal-9207	523	21	in	in	ADP
cjal-9207	523	22	the	the	DET
cjal-9207	523	23	chinese	chinese	ADJ
cjal-9207	523	24	capital	capital	NOUN
cjal-9207	523	25	markets	market	NOUN
cjal-9207	523	26	context	context	VERB
cjal-9207	523	27	:	:	PUNCT
cjal-9207	523	28	despite	despite	SCONJ
cjal-9207	523	29	the	the	DET
cjal-9207	523	30	link	link	NOUN
cjal-9207	523	31	between	between	ADP
cjal-9207	523	32	public	public	ADJ
cjal-9207	523	33	share	share	NOUN
cjal-9207	523	34	price	price	NOUN
cjal-9207	523	35	and	and	CCONJ
cjal-9207	523	36	evaluation	evaluation	NOUN
cjal-9207	523	37	of	of	ADP
cjal-9207	523	38	management	management	NOUN
cjal-9207	523	39	,	,	PUNCT
cjal-9207	523	40	minority	minority	NOUN
cjal-9207	523	41	public	public	ADJ
cjal-9207	523	42	shareholders	shareholder	NOUN
cjal-9207	523	43	invested	invest	VERB
cjal-9207	523	44	in	in	ADP
cjal-9207	523	45	prc	prc	PROPN
cjal-9207	523	46	listed	list	VERB
cjal-9207	523	47	firms	firm	NOUN
cjal-9207	523	48	in	in	ADP
cjal-9207	523	49	many	many	ADJ
cjal-9207	523	50	occasions	occasion	NOUN
cjal-9207	523	51	can	can	AUX
cjal-9207	523	52	not	not	PART
cjal-9207	523	53	effectively	effectively	ADV
cjal-9207	523	54	utilize	utilize	VERB
cjal-9207	523	55	exit	exit	NOUN
cjal-9207	523	56	,	,	PUNCT
cjal-9207	523	57	or	or	CCONJ
cjal-9207	523	58	the	the	DET
cjal-9207	523	59	threat	threat	NOUN
cjal-9207	523	60	of	of	ADP
cjal-9207	523	61	exit	exit	NOUN
cjal-9207	523	62	,	,	PUNCT
cjal-9207	523	63	as	as	ADP
cjal-9207	523	64	a	a	DET
cjal-9207	523	65	disciplinary	disciplinary	ADJ
cjal-9207	523	66	mechanism	mechanism	NOUN
cjal-9207	523	67	.	.	PUNCT
cjal-9207	524	1	exit	exit	NOUN
cjal-9207	524	2	as	as	ADP
cjal-9207	524	3	a	a	DET
cjal-9207	524	4	form	form	NOUN
cjal-9207	524	5	of	of	ADP
cjal-9207	524	6	shareholder	shareholder	NOUN
cjal-9207	524	7	voice	voice	NOUN
cjal-9207	524	8	or	or	CCONJ
cjal-9207	524	9	empowerment	empowerment	NOUN
cjal-9207	524	10	presupposes	presuppose	VERB
cjal-9207	524	11	a	a	DET
cjal-9207	524	12	certain	certain	ADJ
cjal-9207	524	13	level	level	NOUN
cjal-9207	524	14	of	of	ADP
cjal-9207	524	15	market	market	NOUN
cjal-9207	524	16	sophistication	sophistication	NOUN
cjal-9207	524	17	and	and	CCONJ
cjal-9207	524	18	informational	informational	ADJ
cjal-9207	524	19	efficiency	efficiency	NOUN
cjal-9207	524	20	.	.	PUNCT
cjal-9207	525	1	it	it	PRON
cjal-9207	525	2	also	also	ADV
cjal-9207	525	3	assumes	assume	VERB
cjal-9207	525	4	a	a	DET
cjal-9207	525	5	high	high	ADJ
cjal-9207	525	6	degree	degree	NOUN
cjal-9207	525	7	of	of	ADP
cjal-9207	525	8	reliable	reliable	ADJ
cjal-9207	525	9	information	information	NOUN
cjal-9207	525	10	flowing	flow	VERB
cjal-9207	525	11	into	into	ADP
cjal-9207	525	12	the	the	DET
cjal-9207	525	13	market	market	NOUN
cjal-9207	525	14	,	,	PUNCT
cjal-9207	525	15	signaling	signal	VERB
cjal-9207	525	16	to	to	ADP
cjal-9207	525	17	investors	investor	NOUN
cjal-9207	525	18	the	the	DET
cjal-9207	525	19	relative	relative	ADJ
cjal-9207	525	20	desirability	desirability	NOUN
cjal-9207	525	21	of	of	ADP
cjal-9207	525	22	a	a	DET
cjal-9207	525	23	given	give	VERB
cjal-9207	525	24	investment	investment	NOUN
cjal-9207	525	25	,	,	PUNCT
cjal-9207	525	26	and	and	CCONJ
cjal-9207	525	27	at	at	ADP
cjal-9207	525	28	the	the	DET
cjal-9207	525	29	same	same	ADJ
cjal-9207	525	30	time	time	NOUN
cjal-9207	525	31	reflecting	reflect	VERB
cjal-9207	525	32	investors	investor	NOUN
cjal-9207	525	33	'	'	PART
cjal-9207	525	34	appraisal	appraisal	NOUN
cjal-9207	525	35	of	of	ADP
cjal-9207	525	36	past	past	NOUN
cjal-9207	525	37	and	and	CCONJ
cjal-9207	525	38	future	future	ADJ
cjal-9207	525	39	performance	performance	NOUN
cjal-9207	525	40	of	of	ADP
cjal-9207	525	41	the	the	DET
cjal-9207	525	42	corporation	corporation	NOUN
cjal-9207	525	43	.	.	PUNCT
cjal-9207	526	1	the	the	DET
cjal-9207	526	2	chinese	chinese	ADJ
cjal-9207	526	3	capital	capital	NOUN
cjal-9207	526	4	markets	market	NOUN
cjal-9207	526	5	do	do	AUX
cjal-9207	526	6	not	not	PART
cjal-9207	526	7	function	function	VERB
cjal-9207	526	8	this	this	DET
cjal-9207	526	9	way	way	NOUN
cjal-9207	526	10	presently	presently	ADV
cjal-9207	526	11	,	,	PUNCT
cjal-9207	526	12	as	as	SCONJ
cjal-9207	526	13	they	they	PRON
cjal-9207	526	14	are	be	AUX
cjal-9207	526	15	in	in	ADP
cjal-9207	526	16	many	many	ADJ
cjal-9207	526	17	ways	way	NOUN
cjal-9207	526	18	informationally	informationally	ADV
cjal-9207	526	19	inefficient	inefficient	ADJ
cjal-9207	526	20	.	.	PUNCT
cjal-9207	527	1	share	share	NOUN
cjal-9207	527	2	prices	price	NOUN
cjal-9207	527	3	often	often	ADV
cjal-9207	527	4	seem	seem	VERB
cjal-9207	527	5	to	to	PART
cjal-9207	527	6	be	be	AUX
cjal-9207	527	7	driven	drive	VERB
cjal-9207	527	8	not	not	PART
cjal-9207	527	9	by	by	ADP
cjal-9207	527	10	economic	economic	ADJ
cjal-9207	527	11	considerations	consideration	NOUN
cjal-9207	527	12	based	base	VERB
cjal-9207	527	13	on	on	ADP
cjal-9207	527	14	information	information	NOUN
cjal-9207	527	15	disclosed	disclose	VERB
cjal-9207	527	16	into	into	ADP
cjal-9207	527	17	the	the	DET
cjal-9207	527	18	market	market	NOUN
cjal-9207	527	19	but	but	CCONJ
cjal-9207	527	20	instead	instead	ADV
cjal-9207	527	21	by	by	ADP
cjal-9207	527	22	factors	factor	NOUN
cjal-9207	527	23	often	often	ADV
cjal-9207	527	24	unrelated	unrelated	ADJ
cjal-9207	527	25	to	to	PART
cjal-9207	527	26	firm	firm	VERB
cjal-9207	527	27	performance.83	performance.83	VERB
cjal-9207	527	28	the	the	DET
cjal-9207	527	29	response	response	NOUN
cjal-9207	527	30	to	to	ADP
cjal-9207	527	31	the	the	DET
cjal-9207	527	32	2015	2015	NUM
cjal-9207	527	33	and	and	CCONJ
cjal-9207	527	34	2016	2016	NUM
cjal-9207	527	35	stock	stock	NOUN
cjal-9207	527	36	crashes	crash	NOUN
cjal-9207	527	37	by	by	ADP
cjal-9207	527	38	the	the	DET
cjal-9207	527	39	prc	prc	PROPN
cjal-9207	527	40	central	central	ADJ
cjal-9207	527	41	government	government	NOUN
cjal-9207	527	42	-	-	PUNCT
cjal-9207	527	43	propping	prop	VERB
cjal-9207	527	44	up	up	ADP
cjal-9207	527	45	share	share	NOUN
cjal-9207	527	46	prices	price	NOUN
cjal-9207	527	47	through	through	ADP
cjal-9207	527	48	massive	massive	ADJ
cjal-9207	527	49	mandated	mandate	VERB
cjal-9207	527	50	purchasing	purchasing	NOUN
cjal-9207	527	51	and	and	CCONJ
cjal-9207	527	52	blanket	blanket	VERB
cjal-9207	527	53	suspe	suspe	NOUN
cjal-9207	527	54	nsions	nsion	NOUN
cjal-9207	527	55	of	of	ADP
cjal-9207	527	56	tradingbl	tradingbl	NOUN
cjal-9207	527	57	-	-	PUNCT
cjal-9207	527	58	reflect	reflect	VERB
cjal-9207	527	59	the	the	PRON
cjal-9207	527	60	that	that	SCONJ
cjal-9207	527	61	the	the	DET
cjal-9207	527	62	number	number	NOUN
cjal-9207	527	63	of	of	ADP
cjal-9207	527	64	shareholders	shareholder	NOUN
cjal-9207	527	65	is	be	AUX
cjal-9207	527	66	positively	positively	ADV
cjal-9207	527	67	related	relate	VERB
cjal-9207	527	68	to	to	ADP
cjal-9207	527	69	liquidity	liquidity	NOUN
cjal-9207	527	70	,	,	PUNCT
cjal-9207	527	71	"	"	PUNCT
cjal-9207	527	72	but	but	CCONJ
cjal-9207	527	73	attempting	attempt	VERB
cjal-9207	527	74	to	to	PART
cjal-9207	527	75	provide	provide	VERB
cjal-9207	527	76	similar	similar	ADJ
cjal-9207	527	77	evidence	evidence	NOUN
cjal-9207	527	78	for	for	ADP
cjal-9207	527	79	the	the	DET
cjal-9207	527	80	german	german	ADJ
cjal-9207	527	81	and	and	CCONJ
cjal-9207	527	82	belgium	belgium	NOUN
cjal-9207	527	83	markets	market	NOUN
cjal-9207	527	84	)	)	PUNCT
cjal-9207	527	85	;	;	PUNCT
cjal-9207	527	86	david	david	PROPN
cjal-9207	527	87	a	a	DET
cjal-9207	527	88	lesmond	lesmond	NOUN
cjal-9207	527	89	,	,	PUNCT
cjal-9207	527	90	liquidity	liquidity	NOUN
cjal-9207	527	91	of	of	ADP
cjal-9207	527	92	emerging	emerge	VERB
cjal-9207	527	93	markets	market	NOUN
cjal-9207	527	94	,	,	PUNCT
cjal-9207	527	95	77	77	NUM
cjal-9207	527	96	j.	j.	PROPN
cjal-9207	527	97	fin	fin	PROPN
cjal-9207	527	98	.	.	PUNCT
cjal-9207	527	99	econ	econ	PROPN
cjal-9207	527	100	.	.	PUNCT
cjal-9207	528	1	411	411	NUM
cjal-9207	528	2	(	(	PUNCT
cjal-9207	528	3	2005	2005	NUM
cjal-9207	528	4	)	)	PUNCT
cjal-9207	528	5	(	(	PUNCT
cjal-9207	528	6	examining	examine	VERB
cjal-9207	528	7	liquidity	liquidity	NOUN
cjal-9207	528	8	of	of	ADP
cjal-9207	528	9	emerging	emerge	VERB
cjal-9207	528	10	markets	market	NOUN
cjal-9207	528	11	on	on	ADP
cjal-9207	528	12	a	a	DET
cjal-9207	528	13	macro	macro	ADJ
cjal-9207	528	14	level	level	NOUN
cjal-9207	528	15	cross	cross	ADJ
cjal-9207	528	16	-	-	ADJ
cjal-9207	528	17	country	country	ADJ
cjal-9207	528	18	basis	basis	NOUN
cjal-9207	528	19	)	)	PUNCT
cjal-9207	528	20	.	.	PUNCT
cjal-9207	529	1	82	82	NUM
cjal-9207	529	2	see	see	VERB
cjal-9207	529	3	supra	supra	PROPN
cjal-9207	529	4	notes	note	NOUN
cjal-9207	529	5	40	40	NUM
cjal-9207	529	6	&	&	CCONJ
cjal-9207	529	7	41	41	NUM
cjal-9207	529	8	and	and	CCONJ
cjal-9207	529	9	associated	associated	ADJ
cjal-9207	529	10	text	text	NOUN
cjal-9207	529	11	.	.	PUNCT
cjal-9207	530	1	other	other	ADJ
cjal-9207	530	2	evaluation	evaluation	NOUN
cjal-9207	530	3	criteria	criterion	NOUN
cjal-9207	530	4	relate	relate	VERB
cjal-9207	530	5	for	for	ADP
cjal-9207	530	6	instance	instance	NOUN
cjal-9207	530	7	to	to	ADP
cjal-9207	530	8	contribution	contribution	NOUN
cjal-9207	530	9	to	to	ADP
cjal-9207	530	10	gdp	gdp	NOUN
cjal-9207	530	11	growth	growth	NOUN
cjal-9207	530	12	,	,	PUNCT
cjal-9207	530	13	tax	tax	NOUN
cjal-9207	530	14	compliance	compliance	NOUN
cjal-9207	530	15	,	,	PUNCT
cjal-9207	530	16	reduction	reduction	NOUN
cjal-9207	530	17	in	in	ADP
cjal-9207	530	18	environmenta	environmenta	PROPN
cjal-9207	530	19	l	l	NOUN
cjal-9207	530	20	footprint	footprint	NOUN
cjal-9207	530	21	,	,	PUNCT
cjal-9207	530	22	the	the	DET
cjal-9207	530	23	amount	amount	NOUN
cjal-9207	530	24	of	of	ADP
cjal-9207	530	25	socia	socia	NOUN
cjal-9207	530	26	l	l	NOUN
cjal-9207	530	27	unrest	unrest	NOUN
cjal-9207	530	28	created	create	VERB
cjal-9207	530	29	around	around	ADP
cjal-9207	530	30	corporate	corporate	ADJ
cjal-9207	530	31	conduct	conduct	NOUN
cjal-9207	530	32	(	(	PUNCT
cjal-9207	530	33	reflected	reflect	VERB
cjal-9207	530	34	for	for	ADP
cjal-9207	530	35	example	example	NOUN
cjal-9207	530	36	through	through	ADP
cjal-9207	530	37	shareholder	shareholder	NOUN
cjal-9207	530	38	complaints	complaint	NOUN
cjal-9207	530	39	,	,	PUNCT
cjal-9207	530	40	derivative	derivative	ADJ
cjal-9207	530	41	suits	suit	NOUN
cjal-9207	530	42	,	,	PUNCT
cjal-9207	530	43	etc	etc	X
cjal-9207	530	44	.	.	X
cjal-9207	530	45	)	)	PUNCT
cjal-9207	530	46	.	.	PUNCT
cjal-9207	531	1	&	&	CCONJ
cjal-9207	531	2	1	1	NUM
cjal-9207	531	3	chen	chen	PROPN
cjal-9207	531	4	,	,	PUNCT
cjal-9207	531	5	supra	supra	PROPN
cjal-9207	531	6	note	note	PROPN
cjal-9207	531	7	45	45	NUM
cjal-9207	531	8	,	,	PUNCT
cjal-9207	531	9	at	at	ADP
cjal-9207	531	10	41	41	NUM
cjal-9207	531	11	.	.	PUNCT
cjal-9207	532	1	see	see	VERB
cjal-9207	532	2	generally	generally	ADV
cjal-9207	532	3	tarun	tarun	PROPN
cjal-9207	532	4	khanna	khanna	PROPN
cjal-9207	532	5	&	&	CCONJ
cjal-9207	532	6	krishna	krishna	PROPN
cjal-9207	532	7	palepu	palepu	PROPN
cjal-9207	532	8	,	,	PUNCT
cjal-9207	532	9	emerging	emerge	VERB
cjal-9207	532	10	market	market	NOUN
cjal-9207	532	11	business	business	NOUN
cjal-9207	532	12	groups	group	NOUN
cjal-9207	532	13	,	,	PUNCT
cjal-9207	532	14	foreign	foreign	ADJ
cjal-9207	532	15	intermediaries	intermediary	NOUN
cjal-9207	532	16	,	,	PUNCT
cjal-9207	532	17	and	and	CCONJ
cjal-9207	532	18	corporate	corporate	ADJ
cjal-9207	532	19	governance	governance	NOUN
cjal-9207	532	20	,	,	PUNCT
cjal-9207	532	21	in	in	ADP
cjal-9207	532	22	concentrated	concentrated	ADJ
cjal-9207	532	23	corporate	corporate	ADJ
cjal-9207	532	24	ownership	ownership	NOUN
cjal-9207	532	25	,	,	PUNCT
cjal-9207	532	26	319	319	NUM
cjal-9207	532	27	(	(	PUNCT
cjal-9207	532	28	randall	randall	PROPN
cjal-9207	532	29	k.	k.	PROPN
cjal-9207	532	30	morck	morck	PROPN
cjal-9207	532	31	ed	ed	PROPN
cjal-9207	532	32	.	.	PROPN
cjal-9207	532	33	,	,	PUNCT
cjal-9207	532	34	2000	2000	NUM
cjal-9207	532	35	)	)	PUNCT
cjal-9207	532	36	265	265	NUM
cjal-9207	532	37	,	,	PUNCT
cjal-9207	532	38	292	292	NUM
cjal-9207	532	39	-	-	SYM
cjal-9207	532	40	94	94	NUM
cjal-9207	532	41	(	(	PUNCT
cjal-9207	532	42	citing	cite	VERB
cjal-9207	532	43	randall	randall	PROPN
cjal-9207	532	44	morck	morck	PROPN
cjal-9207	532	45	et	et	PROPN
cjal-9207	532	46	al	al	PROPN
cjal-9207	532	47	.	.	PROPN
cjal-9207	532	48	,	,	PUNCT
cjal-9207	532	49	the	the	DET
cjal-9207	532	50	information	information	NOUN
cjal-9207	532	51	content	content	NOUN
cjal-9207	532	52	of	of	ADP
cjal-9207	532	53	stock	stock	NOUN
cjal-9207	532	54	markets	market	NOUN
cjal-9207	532	55	:	:	PUNCT
cjal-9207	532	56	why	why	SCONJ
cjal-9207	532	57	do	do	AUX
cjal-9207	532	58	emerging	emerge	VERB
cjal-9207	532	59	markets	market	NOUN
cjal-9207	532	60	have	have	VERB
cjal-9207	532	61	synchronous	synchronous	ADJ
cjal-9207	532	62	stock	stock	NOUN
cjal-9207	532	63	price	price	NOUN
cjal-9207	532	64	movements	movement	NOUN
cjal-9207	532	65	?	?	PUNCT
cjal-9207	532	66	,	,	PUNCT
cjal-9207	532	67	58	58	NUM
cjal-9207	532	68	j.	j.	PROPN
cjal-9207	532	69	fin	fin	PROPN
cjal-9207	532	70	.	.	PUNCT
cjal-9207	532	71	econ	econ	PROPN
cjal-9207	532	72	.	.	PUNCT
cjal-9207	533	1	215	215	NUM
cjal-9207	533	2	(	(	PUNCT
cjal-9207	533	3	2000	2000	NUM
cjal-9207	533	4	)	)	PUNCT
cjal-9207	533	5	)	)	PUNCT
cjal-9207	533	6	.	.	PUNCT
cjal-9207	534	1	81	81	NUM
cjal-9207	534	2	by	by	ADP
cjal-9207	534	3	july	july	PROPN
cjal-9207	534	4	8	8	NUM
cjal-9207	534	5	,	,	PUNCT
cjal-9207	534	6	2015	2015	NUM
cjal-9207	534	7	,	,	PUNCT
cjal-9207	534	8	1,300	1,300	NUM
cjal-9207	534	9	listed	list	VERB
cjal-9207	534	10	firms	firm	NOUN
cjal-9207	534	11	-	-	PUNCT
cjal-9207	534	12	representing	represent	VERB
cjal-9207	534	13	45	45	NUM
cjal-9207	534	14	percent	percent	NOUN
cjal-9207	534	15	of	of	ADP
cjal-9207	534	16	the	the	DET
cjal-9207	534	17	market	market	NOUN
cjal-9207	534	18	suspended	suspend	VERB
cjal-9207	534	19	trading	trading	NOUN
cjal-9207	534	20	to	to	PART
cjal-9207	534	21	hold	hold	VERB
cjal-9207	534	22	back	back	ADP
cjal-9207	534	23	share	share	NOUN
cjal-9207	534	24	price	price	NOUN
cjal-9207	534	25	decrease	decrease	NOUN
cjal-9207	534	26	.	.	PUNCT
cjal-9207	535	1	see	see	VERB
cjal-9207	535	2	,	,	PUNCT
cjal-9207	535	3	almost	almost	ADV
cjal-9207	535	4	half	half	NOUN
cjal-9207	535	5	of	of	ADP
cjal-9207	535	6	china	china	PROPN
cjal-9207	535	7	's	's	PART
cjal-9207	535	8	firms	firm	NOUN
cjal-9207	535	9	halt	halt	VERB
cjal-9207	535	10	trading	trade	VERB
cjal-9207	535	11	26	26	NUM
cjal-9207	535	12	columbia	columbia	PROPN
cjal-9207	535	13	journal	journal	PROPN
cjal-9207	535	14	of	of	ADP
cjal-9207	535	15	asian	asian	ADJ
cjal-9207	535	16	law	law	NOUN
cjal-9207	536	1	[	[	X
cjal-9207	536	2	vol	vol	NOUN
cjal-9207	536	3	.	.	PUNCT
cjal-9207	537	1	30:1	30:1	NUM
cjal-9207	537	2	limited	limited	ADJ
cjal-9207	537	3	impact	impact	NOUN
cjal-9207	537	4	of	of	ADP
cjal-9207	537	5	public	public	ADJ
cjal-9207	537	6	shareholders	shareholder	NOUN
cjal-9207	537	7	'	'	PART
cjal-9207	537	8	evaluation	evaluation	NOUN
cjal-9207	537	9	of	of	ADP
cjal-9207	537	10	firm	firm	ADJ
cjal-9207	537	11	value	value	NOUN
cjal-9207	537	12	and	and	CCONJ
cjal-9207	537	13	capital	capital	NOUN
cjal-9207	537	14	market	market	NOUN
cjal-9207	537	15	activity	activity	NOUN
cjal-9207	537	16	,	,	PUNCT
cjal-9207	537	17	while	while	SCONJ
cjal-9207	537	18	emphasizing	emphasize	VERB
cjal-9207	537	19	the	the	DET
cjal-9207	537	20	direct	direct	ADJ
cjal-9207	537	21	influence	influence	NOUN
cjal-9207	537	22	of	of	ADP
cjal-9207	537	23	a	a	DET
cjal-9207	537	24	government	government	NOUN
cjal-9207	537	25	policy	policy	NOUN
cjal-9207	537	26	on	on	ADP
cjal-9207	537	27	share	share	NOUN
cjal-9207	537	28	price	price	NOUN
cjal-9207	537	29	.	.	PUNCT
cjal-9207	538	1	moreover	moreover	ADV
cjal-9207	538	2	,	,	PUNCT
cjal-9207	538	3	investm	investm	PROPN
cjal-9207	538	4	ent	ent	PROPN
cjal-9207	538	5	alternatives	alternatives	PROPN
cjal-9207	538	6	-	-	PUNCT
cjal-9207	538	7	namely	namely	ADV
cjal-9207	538	8	other	other	ADJ
cjal-9207	538	9	comparable	comparable	ADJ
cjal-9207	538	10	listed	list	VERB
cjal-9207	538	11	prc	prc	PROPN
cjal-9207	538	12	firms	firm	NOUN
cjal-9207	538	13	that	that	PRON
cjal-9207	538	14	evidence	evidence	VERB
cjal-9207	538	15	better	well	ADJ
cjal-9207	538	16	performance	performance	NOUN
cjal-9207	538	17	or	or	CCONJ
cjal-9207	538	18	governance	governance	NOUN
cjal-9207	538	19	-	-	PUNCT
cjal-9207	538	20	are	be	AUX
cjal-9207	538	21	scarce	scarce	ADJ
cjal-9207	538	22	,	,	PUNCT
cjal-9207	538	23	because	because	SCONJ
cjal-9207	538	24	the	the	DET
cjal-9207	538	25	vast	vast	ADJ
cjal-9207	538	26	majority	majority	NOUN
cjal-9207	538	27	of	of	ADP
cjal-9207	538	28	these	these	DET
cjal-9207	538	29	listed	list	VERB
cjal-9207	538	30	companies	company	NOUN
cjal-9207	538	31	are	be	AUX
cjal-9207	538	32	also	also	ADV
cjal-9207	538	33	party	party	NOUN
cjal-9207	538	34	-	-	PUNCT
cjal-9207	538	35	state	state	NOUN
cjal-9207	538	36	controlled	control	VERB
cjal-9207	538	37	firms	firm	NOUN
cjal-9207	538	38	.	.	PUNCT
cjal-9207	539	1	85	85	NUM
cjal-9207	539	2	this	this	PRON
cjal-9207	539	3	is	be	AUX
cjal-9207	539	4	one	one	NUM
cjal-9207	539	5	reason	reason	NOUN
cjal-9207	539	6	why	why	SCONJ
cjal-9207	539	7	public	public	ADJ
cjal-9207	539	8	investors	investor	NOUN
cjal-9207	539	9	in	in	ADP
cjal-9207	539	10	china	china	PROPN
cjal-9207	539	11	tend	tend	VERB
cjal-9207	539	12	to	to	PART
cjal-9207	539	13	invest	invest	VERB
cjal-9207	539	14	alongside	alongside	ADP
cjal-9207	539	15	dominant	dominant	ADJ
cjal-9207	539	16	party	party	NOUN
cjal-9207	539	17	-	-	PUNCT
cjal-9207	539	18	state	state	NOUN
cjal-9207	539	19	shareholders	shareholder	NOUN
cjal-9207	539	20	,	,	PUNCT
cjal-9207	539	21	even	even	ADV
cjal-9207	539	22	if	if	SCONJ
cjal-9207	539	23	performance	performance	NOUN
cjal-9207	539	24	is	be	AUX
cjal-9207	539	25	lacklu	lacklu	ADJ
cjal-9207	539	26	ster	ster	NOUN
cjal-9207	539	27	or	or	CCONJ
cjal-9207	539	28	corporate	corporate	ADJ
cjal-9207	539	29	governance	governance	NOUN
cjal-9207	539	30	breaches	breach	NOUN
cjal-9207	539	31	become	become	VERB
cjal-9207	539	32	apparent	apparent	ADJ
cjal-9207	539	33	,	,	PUNCT
cjal-9207	539	34	preferring	prefer	VERB
cjal-9207	539	35	to	to	PART
cjal-9207	539	36	benefit	benefit	VERB
cjal-9207	539	37	from	from	ADP
cjal-9207	539	38	the	the	DET
cjal-9207	539	39	inside	inside	ADJ
cjal-9207	539	40	knowledge	knowledge	NOUN
cjal-9207	539	41	and	and	CCONJ
cjal-9207	539	42	relationships	relationship	NOUN
cjal-9207	539	43	of	of	ADP
cjal-9207	539	44	the	the	DET
cjal-9207	539	45	party	party	NOUN
cjal-9207	539	46	-	-	PUNCT
cjal-9207	539	47	state	state	NOUN
cjal-9207	539	48	control	control	NOUN
cjal-9207	539	49	party	party	NOUN
cjal-9207	539	50	,	,	PUNCT
cjal-9207	539	51	rather	rather	ADV
cjal-9207	539	52	than	than	ADP
cjal-9207	539	53	make	make	VERB
cjal-9207	539	54	much	much	ADV
cjal-9207	539	55	riskier	risky	ADJ
cjal-9207	539	56	investment	investment	NOUN
cjal-9207	539	57	deci	deci	PROPN
cjal-9207	539	58	sions	sion	NOUN
cjal-9207	539	59	.	.	PUNCT
cjal-9207	540	1	hence	hence	ADV
cjal-9207	540	2	,	,	PUNCT
cjal-9207	540	3	while	while	SCONJ
cjal-9207	540	4	the	the	DET
cjal-9207	540	5	force	force	NOUN
cjal-9207	540	6	of	of	ADP
cjal-9207	540	7	the	the	DET
cjal-9207	540	8	capital	capital	NOUN
cjal-9207	540	9	market	market	NOUN
cjal-9207	540	10	and	and	CCONJ
cjal-9207	540	11	thus	thus	ADV
cjal-9207	540	12	a	a	DET
cjal-9207	540	13	share	share	NOUN
cjal-9207	540	14	price	price	NOUN
cjal-9207	540	15	creates	create	VERB
cjal-9207	540	16	a	a	DET
cjal-9207	540	17	kind	kind	NOUN
cjal-9207	540	18	of	of	ADP
cjal-9207	540	19	attenuated	attenuated	ADJ
cjal-9207	540	20	monitoring	monitoring	NOUN
cjal-9207	540	21	mechanism	mechanism	NOUN
cjal-9207	540	22	,	,	PUNCT
cjal-9207	540	23	it	it	PRON
cjal-9207	540	24	functions	function	VERB
cjal-9207	540	25	to	to	ADP
cjal-9207	540	26	that	that	DET
cjal-9207	540	27	extent	extent	NOUN
cjal-9207	540	28	mainly	mainly	ADV
cjal-9207	540	29	through	through	ADP
cjal-9207	540	30	the	the	DET
cjal-9207	540	31	party	party	NOUN
cjal-9207	540	32	personnel	personnel	NOUN
cjal-9207	540	33	management	management	NOUN
cjal-9207	540	34	system	system	NOUN
cjal-9207	540	35	,	,	PUNCT
cjal-9207	540	36	while	while	SCONJ
cjal-9207	540	37	the	the	DET
cjal-9207	540	38	function	function	NOUN
cjal-9207	540	39	of	of	ADP
cjal-9207	540	40	a	a	DET
cjal-9207	540	41	threat	threat	NOUN
cjal-9207	540	42	of	of	ADP
cjal-9207	540	43	exit	exit	NOUN
cjal-9207	540	44	a	a	DET
cjal-9207	540	45	la	la	PRON
cjal-9207	540	46	'	'	PUNCT
cjal-9207	540	47	wall	wall	PROPN
cjal-9207	540	48	street	street	PROPN
cjal-9207	540	49	walk	walk	NOUN
cjal-9207	540	50	''	''	PUNCT
cjal-9207	540	51	by	by	ADP
cjal-9207	540	52	public	public	ADJ
cjal-9207	540	53	shareholders	shareholder	NOUN
cjal-9207	540	54	is	be	AUX
cjal-9207	540	55	more	more	ADV
cjal-9207	540	56	limited	limited	ADJ
cjal-9207	540	57	.	.	PUNCT
cjal-9207	541	1	nevertheless	nevertheless	ADV
cjal-9207	541	2	,	,	PUNCT
cjal-9207	541	3	whereas	whereas	SCONJ
cjal-9207	541	4	this	this	PRON
cjal-9207	541	5	is	be	AUX
cjal-9207	541	6	the	the	DET
cjal-9207	541	7	current	current	ADJ
cjal-9207	541	8	situation	situation	NOUN
cjal-9207	541	9	in	in	ADP
cjal-9207	541	10	the	the	DET
cjal-9207	541	11	prc	prc	PROPN
cjal-9207	541	12	,	,	PUNCT
cjal-9207	541	13	i	i	PRON
cjal-9207	541	14	expect	expect	VERB
cjal-9207	541	15	it	it	PRON
cjal-9207	541	16	to	to	PART
cjal-9207	541	17	gradually	gradually	ADV
cjal-9207	541	18	change	change	VERB
cjal-9207	541	19	in	in	ADP
cjal-9207	541	20	the	the	DET
cjal-9207	541	21	future	future	NOUN
cjal-9207	541	22	through	through	ADP
cjal-9207	541	23	changes	change	NOUN
cjal-9207	541	24	in	in	ADP
cjal-9207	541	25	the	the	DET
cjal-9207	541	26	structure	structure	NOUN
cjal-9207	541	27	of	of	ADP
cjal-9207	541	28	party	party	NOUN
cjal-9207	541	29	-	-	PUNCT
cjal-9207	541	30	state	state	NOUN
cjal-9207	541	31	control	control	NOUN
cjal-9207	541	32	of	of	ADP
cjal-9207	541	33	the	the	DET
cjal-9207	541	34	economy	economy	NOUN
cjal-9207	541	35	,	,	PUNCT
cjal-9207	541	36	entailing	entail	VERB
cjal-9207	541	37	the	the	DET
cjal-9207	541	38	development	development	NOUN
cjal-9207	541	39	of	of	ADP
cjal-9207	541	40	a	a	DET
cjal-9207	541	41	partial	partial	ADJ
cjal-9207	541	42	market	market	NOUN
cjal-9207	541	43	for	for	ADP
cjal-9207	541	44	corporate	corporate	ADJ
cjal-9207	541	45	control	control	NOUN
cjal-9207	541	46	.	.	PUNCT
cjal-9207	542	1	these	these	PRON
cjal-9207	542	2	suggested	suggest	VERB
cjal-9207	542	3	changes	change	NOUN
cjal-9207	542	4	and	and	CCONJ
cjal-9207	542	5	their	their	PRON
cjal-9207	542	6	implications	implication	NOUN
cjal-9207	542	7	on	on	ADP
cjal-9207	542	8	minority	minority	NOUN
cjal-9207	542	9	public	public	ADJ
cjal-9207	542	10	shareholders	shareholder	NOUN
cjal-9207	542	11	'	'	PART
cjal-9207	542	12	ability	ability	NOUN
cjal-9207	542	13	to	to	PART
cjal-9207	542	14	execute	execute	VERB
cjal-9207	542	15	"	"	PUNCT
cjal-9207	542	16	exit	exit	NOUN
cjal-9207	542	17	"	"	PUNCT
cjal-9207	542	18	as	as	ADP
cjal-9207	542	19	a	a	DET
cjal-9207	542	20	form	form	NOUN
cjal-9207	542	21	of	of	ADP
cjal-9207	542	22	monitoring	monitoring	NOUN
cjal-9207	542	23	are	be	AUX
cjal-9207	542	24	discussed	discuss	VERB
cjal-9207	542	25	further	far	ADV
cjal-9207	542	26	below	below	ADV
cjal-9207	542	27	.	.	PUNCT
cjal-9207	543	1	86	86	NUM
cjal-9207	543	2	3	3	NUM
cjal-9207	543	3	.	.	PUNCT
cjal-9207	543	4	institutional	institutional	ADJ
cjal-9207	543	5	investors	investor	NOUN
cjal-9207	543	6	in	in	ADP
cjal-9207	543	7	concentrated	concentrated	ADJ
cjal-9207	543	8	markets8i	markets8i	NOUN
cjal-9207	543	9	in	in	ADP
cjal-9207	543	10	recent	recent	ADJ
cjal-9207	543	11	decades	decade	NOUN
cjal-9207	543	12	an	an	DET
cjal-9207	543	13	incr	incr	PROPN
cjal-9207	543	14	ease	ease	NOUN
cjal-9207	543	15	in	in	ADP
cjal-9207	543	16	equity	equity	NOUN
cjal-9207	543	17	shares	share	NOUN
cjal-9207	543	18	managed	manage	VERB
cjal-9207	543	19	by	by	ADP
cjal-9207	543	20	in	in	ADP
cjal-9207	543	21	stitutional	stitutional	ADJ
cjal-9207	543	22	investment	investment	NOUN
cjal-9207	543	23	services	service	NOUN
cjal-9207	543	24	and	and	CCONJ
cjal-9207	543	25	a	a	DET
cjal-9207	543	26	corresponding	correspond	VERB
cjal-9207	543	27	narrative	narrative	NOUN
cjal-9207	543	28	describing	describe	VERB
cjal-9207	543	29	the	the	DET
cjal-9207	543	30	possibilities	possibility	NOUN
cjal-9207	543	31	for	for	ADP
cjal-9207	543	32	"	"	PUNCT
cjal-9207	543	33	shareholder	shareholder	NOUN
cjal-9207	543	34	activism	activism	NOUN
cjal-9207	543	35	"	"	PUNCT
cjal-9207	543	36	by	by	ADP
cjal-9207	543	37	such	such	ADJ
cjal-9207	543	38	institutional	institutional	ADJ
cjal-9207	543	39	investors	investor	NOUN
cjal-9207	543	40	in	in	ADP
cjal-9207	543	41	the	the	DET
cjal-9207	543	42	widely	widely	ADV
cjal-9207	543	43	-	-	PUNCT
cjal-9207	543	44	dispersed	disperse	VERB
cjal-9207	543	45	anglo	anglo	ADJ
cjal-9207	543	46	-	-	PUNCT
cjal-9207	543	47	american	american	ADJ
cjal-9207	543	48	markets	market	NOUN
cjal-9207	543	49	has	have	AUX
cjal-9207	543	50	led	lead	VERB
cjal-9207	543	51	to	to	ADP
cjal-9207	543	52	rising	rise	VERB
cjal-9207	543	53	expectations	expectation	NOUN
cjal-9207	543	54	focused	focus	VERB
cjal-9207	543	55	on	on	ADP
cjal-9207	543	56	institutional	institutional	ADJ
cjal-9207	543	57	investors	investor	NOUN
cjal-9207	543	58	as	as	ADP
cjal-9207	543	59	the	the	DET
cjal-9207	543	60	tool	tool	NOUN
cjal-9207	543	61	for	for	ADP
cjal-9207	543	62	greater	great	ADJ
cjal-9207	543	63	minority	minority	NOUN
cjal-9207	543	64	public	public	ADJ
cjal-9207	543	65	shareholder	shareholder	NOUN
cjal-9207	543	66	monitoring	monitoring	NOUN
cjal-9207	543	67	and	and	CCONJ
cjal-9207	543	68	governance	governance	NOUN
cjal-9207	543	69	participation	participation	NOUN
cjal-9207	543	70	.	.	PUNCT
cjal-9207	544	1	88	88	NUM
cjal-9207	544	2	in	in	ADP
cjal-9207	544	3	concentrated	concentrated	ADJ
cjal-9207	544	4	markets	market	NOUN
cjal-9207	544	5	,	,	PUNCT
cjal-9207	544	6	however	however	ADV
cjal-9207	544	7	,	,	PUNCT
cjal-9207	544	8	the	the	DET
cjal-9207	544	9	view	view	NOUN
cjal-9207	544	10	of	of	ADP
cjal-9207	544	11	as	as	ADP
cjal-9207	544	12	market	market	NOUN
cjal-9207	544	13	dives	dive	NOUN
cjal-9207	544	14	,	,	PUNCT
cjal-9207	544	15	france	france	PROPN
cjal-9207	544	16	24	24	NUM
cjal-9207	544	17	(	(	PUNCT
cjal-9207	544	18	july	july	PROPN
cjal-9207	544	19	8	8	NUM
cjal-9207	544	20	,	,	PUNCT
cjal-9207	544	21	2015	2015	NUM
cjal-9207	544	22	)	)	PUNCT
cjal-9207	544	23	,	,	PUNCT
cjal-9207	544	24	http://www.france24.com/en/20150708-a1mosthalf-chinese-fi.rms-suspend-tr	http://www.france24.com/en/20150708-a1mosthalf-chinese-fi.rms-suspend-tr	PROPN
cjal-9207	544	25	ading	ading	ADJ
cjal-9207	544	26	-	-	PUNCT
cjal-9207	544	27	mark	mark	NOUN
cjal-9207	544	28	et	et	NOUN
cjal-9207	544	29	-	-	PUNCT
cjal-9207	544	30	dives	dive	NOUN
cjal-9207	544	31	.	.	PUNCT
cjal-9207	545	1	bil	bil	NUM
cjal-9207	545	2	chen	chen	PROPN
cjal-9207	545	3	,	,	PUNCT
cjal-9207	545	4	supra	supra	PROPN
cjal-9207	545	5	~ote	~ote	VERB
cjal-9207	545	6	45	45	NUM
cjal-9207	545	7	,	,	PUNCT
cjal-9207	545	8	at	at	ADP
cjal-9207	545	9	40	40	NUM
cjal-9207	545	10	-	-	PUNCT
cjal-9207	545	11	-41	-41	PRON
cjal-9207	545	12	(	(	PUNCT
cjal-9207	545	13	studying	study	VERB
cjal-9207	545	14	co	co	NOUN
cjal-9207	545	15	-	-	NOUN
cjal-9207	545	16	movement	movement	ADJ
cjal-9207	545	17	levels	level	NOUN
cjal-9207	545	18	among	among	ADP
cjal-9207	545	19	md1vidual	md1vidual	ADJ
cjal-9207	545	20	stocks	stock	NOUN
cjal-9207	545	21	,	,	PUNCT
cjal-9207	545	22	concluding	conclude	VERB
cjal-9207	545	23	that	that	SCONJ
cjal-9207	545	24	chmese	chmese	NOUN
cjal-9207	545	25	mvestors	mvestor	NOUN
cjal-9207	545	26	treated	treat	VERB
cjal-9207	545	27	every	every	DET
cjal-9207	545	28	stoc	stoc	NOUN
cjal-9207	545	29	k	k	PROPN
cjal-9207	546	1	the	the	DET
cjal-9207	546	2	same	same	ADJ
cjal-9207	546	3	,	,	PUNCT
cjal-9207	546	4	an	an	DET
cjal-9207	546	5	d	d	X
cjal-9207	546	6	that	that	PRON
cjal-9207	546	7	from	from	ADP
cjal-9207	546	8	investors	investor	NOUN
cjal-9207	546	9	'	'	PART
cjal-9207	546	10	perspective	perspective	NOUN
cjal-9207	546	11	the	the	DET
cjal-9207	546	12	stocks	stock	NOUN
cjal-9207	546	13	were	be	AUX
cjal-9207	546	14	md1stinguishable	md1stinguishable	ADJ
cjal-9207	546	15	from	from	ADP
cjal-9207	546	16	one	one	NUM
cjal-9207	546	17	a	a	DET
cjal-9207	546	18	noth	noth	NOUN
cjal-9207	546	19	er	er	INTJ
cjal-9207	546	20	)	)	PUNCT
cjal-9207	546	21	.	.	PUNCT
cjal-9207	547	1	86	86	NUM
cjal-9207	547	2	see	see	VERB
cjal-9207	547	3	part	part	PROPN
cjal-9207	547	4	ii.b.2	ii.b.2	NOUN
cjal-9207	547	5	,	,	PUNCT
cjal-9207	547	6	infra	infra	NOUN
cjal-9207	547	7	.	.	PUNCT
cjal-9207	548	1	8	8	NUM
cjal-9207	548	2	'	'	NUM
cjal-9207	548	3	.	.	PUNCT
cjal-9207	549	1	her~	her~	VERB
cjal-9207	549	2	th	th	X
cjal-9207	549	3	e	e	NOUN
cjal-9207	549	4	discuss	discuss	VERB
cjal-9207	549	5	~	~	PROPN
cjal-9207	549	6	on	on	ADP
cjal-9207	549	7	concerning	concern	VERB
cjal-9207	549	8	chinese	chinese	ADJ
cjal-9207	549	9	-	-	PUNCT
cjal-9207	549	10	listed	list	VERB
cjal-9207	549	11	firms	firm	NOUN
cjal-9207	549	12	refers	refer	VERB
cjal-9207	549	13	only	only	ADV
cjal-9207	549	14	to	to	PART
cjal-9207	549	15	listed	list	VERB
cjal-9207	549	16	"	"	PUNCT
cjal-9207	549	17	a	a	DET
cjal-9207	549	18	shares	share	NOUN
cjal-9207	549	19	"	"	PUNCT
cjal-9207	549	20	meamng	meamng	NOUN
cjal-9207	549	21	s	s	NOUN
cjal-9207	549	22	ares	are	NOUN
cjal-9207	549	23	of	of	ADP
cjal-9207	549	24	.	.	PUNCT
cjal-9207	550	1	chmese	chmese	VERB
cjal-9207	550	2	domestic	domestic	ADJ
cjal-9207	550	3	companies	company	NOUN
cjal-9207	550	4	that	that	PRON
cjal-9207	550	5	are	be	AUX
cjal-9207	550	6	traded	trade	VERB
cjal-9207	550	7	on	on	ADP
cjal-9207	550	8	mainland	mainland	NOUN
cjal-9207	550	9	stoc'k	stoc'k	PROPN
cjal-9207	550	10	exchanges	exchange	NOUN
cjal-9207	550	11	(	(	PUNCT
cjal-9207	550	12	shanghai	shanghai	PROPN
cjal-9207	550	13	and	and	CCONJ
cjal-9207	550	14	shenzhen	shenzhen	PROPN
cjal-9207	550	15	)	)	PUNCT
cjal-9207	551	1	m	m	PROPN
cjal-9207	551	2	·	·	PUNCT
cjal-9207	551	3	the	the	DET
cjal-9207	551	4	domest	domest	NOUN
cjal-9207	551	5	·	·	SYM
cjal-9207	551	6	1c	1c	NUM
cjal-9207	551	7	currency	currency	NOUN
cjal-9207	551	8	(	(	PUNCT
cjal-9207	551	9	re	re	X
cjal-9207	551	10	·	·	PUNCT
cjal-9207	551	11	b	b	X
cjal-9207	551	12	·	·	PUNCT
cjal-9207	551	13	"	"	PUNCT
cjal-9207	551	14	~ffi	~ffi	VERB
cjal-9207	551	15	"	"	PUNCT
cjal-9207	551	16	)	)	PUNCT
cjal-9207	551	17	88	88	NUM
cjal-9207	551	18	see	see	VERB
cjal-9207	551	19	bernard	bernard	PROPN
cjal-9207	551	20	s.	s.	PROPN
cjal-9207	551	21	black	black	PROPN
cjal-9207	551	22	agents	agents	PROPN
cjal-9207	551	23	watchi	watchi	PROPN
cjal-9207	551	24	nmm	nmm	PROPN
cjal-9207	551	25	i	i	PRON
cjal-9207	551	26	·	·	PUNCT
cjal-9207	551	27	voice	voice	NOUN
cjal-9207	551	28	,	,	PUNCT
cjal-9207	551	29	39	39	NUM
cjal-9207	551	30	ucla	ucla	PROPN
cjal-9207	551	31	l.	l.	PROPN
cjal-9207	551	32	rev	rev	PROPN
cjal-9207	551	33	.	.	PROPN
cjal-9207	551	34	8	8	NUM
cjal-9207	551	35	11	11	NUM
cjal-9207	551	36	'	'	NOUN
cjal-9207	551	37	0992	0992	NUM
cjal-9207	551	38	)	)	PUNCT
cjal-9207	552	1	(	(	PUNCT
cjal-9207	552	2	d	d	NOUN
cjal-9207	552	3	.	.	PUNCT
cjal-9207	552	4	.	.	PUNCT
cjal-9207	553	1	ng	ng	PROPN
cjal-9207	553	2	agents	agents	PROPN
cjal-9207	553	3	:	:	PUNCT
cjal-9207	553	4	promise	promise	NOUN
cjal-9207	553	5	of	of	ADP
cjal-9207	553	6	institutional	institutional	ADJ
cjal-9207	553	7	investor	investor	NOUN
cjal-9207	553	8	investors	investor	NOUN
cjal-9207	553	9	as	as	ADP
cjal-9207	553	10	promising	promise	VERB
cjal-9207	553	11	mo	mo	PROPN
cjal-9207	553	12	·	·	PROPN
cjal-9207	553	13	t	t	PROPN
cjal-9207	553	14	)	)	PUNCT
cjal-9207	553	15	·	·	PUNCT
cjal-9207	553	16	marepictilng	marepictilng	NOUN
cjal-9207	553	17	th	th	NOUN
cjal-9207	553	18	e	e	NOUN
cjal-9207	553	19	classical	classical	ADJ
cjal-9207	553	20	view	view	NOUN
cjal-9207	553	21	of	of	ADP
cjal-9207	553	22	traditional	traditional	ADJ
cjal-9207	553	23	institutional	institutional	ADJ
cjal-9207	553	24	ill	ill	ADJ
cjal-9207	553	25	ors	or	NOUN
cjal-9207	553	26	'	'	PART
cjal-9207	553	27	ce	ce	PROPN
cjal-9207	553	28	kahan	kahan	PROPN
cjal-9207	553	29	&	&	CCONJ
cjal-9207	553	30	ed	ed	PROPN
cjal-9207	553	31	d	d	PROPN
cjal-9207	553	32	b	b	PROPN
cjal-9207	553	33	.	.	PUNCT
cjal-9207	553	34	corporate	corporate	ADJ
cjal-9207	553	35	governance	governance	NOUN
cjal-9207	553	36	and	and	CCONJ
cjal-9207	553	37	c	c	NOUN
cjal-9207	553	38	c	c	PROPN
cjal-9207	553	39	war	war	PROPN
cjal-9207	553	40	rock	rock	PROPN
cjal-9207	553	41	,	,	PUNCT
cjal-9207	553	42	hedge	hedge	NOUN
cjal-9207	553	43	funds	fund	NOUN
cjal-9207	553	44	in	in	ADP
cjal-9207	553	45	orporate	orporate	ADJ
cjal-9207	553	46	ontrol	ontrol	NOUN
cjal-9207	553	47	155	155	NUM
cjal-9207	553	48	u	u	NOUN
cjal-9207	553	49	p	p	PROPN
cjal-9207	553	50	l	l	NOUN
cjal-9207	553	51	re	re	X
cjal-9207	553	52	(	(	PUNCT
cjal-9207	553	53	2007	2007	NUM
cjal-9207	553	54	)	)	PUNCT
cjal-9207	553	55	(	(	PUNCT
cjal-9207	553	56	explaining	explain	VERB
cjal-9207	553	57	the	the	DET
cjal-9207	553	58	disillusion	disillusion	NOUN
cjal-9207	553	59	fr	fr	PROPN
cjal-9207	553	60	th	th	X
cjal-9207	553	61	di	di	PROPN
cjal-9207	553	62	,	,	PUNCT
cjal-9207	553	63	.	.	PUNCT
cjal-9207	553	64	.	.	PUNCT
cjal-9207	554	1	·	·	PUNCT
cjal-9207	554	2	.	.	PUNCT
cjal-9207	555	1	a.	a.	PROPN
cjal-9207	555	2	·	·	PUNCT
cjal-9207	556	1	v.	v.	ADP
cjal-9207	556	2	1021	1021	NUM
cjal-9207	556	3	,	,	PUNCT
cjal-9207	556	4	1042	1042	NUM
cjal-9207	556	5	&	&	CCONJ
cjal-9207	556	6	1047	1047	NUM
cjal-9207	556	7	-	-	SYM
cjal-9207	556	8	70	70	NUM
cjal-9207	556	9	om	om	PROPN
cjal-9207	556	10	e	e	PROPN
cjal-9207	556	11	tra	tra	PROPN
cjal-9207	556	12	tional	tional	PROPN
cjal-9207	556	13	mst	mst	PROPN
cjal-9207	556	14	·	·	PROPN
cjal-9207	556	15	t	t	PROPN
cjal-9207	556	16	..	..	PUNCT
cjal-9207	556	17	,	,	PUNCT
cjal-9207	556	18	1	1	X
cjal-9207	556	19	·	·	SYM
cjal-9207	556	20	•	•	NUM
cjal-9207	556	21	·	·	PUNCT
cjal-9207	556	22	·	·	PUNCT
cjal-9207	557	1	t	t	X
cjal-9207	557	2	reflecting	reflect	VERB
cjal-9207	557	3	simi	simi	PROPN
cjal-9207	557	4	lar	lar	PROPN
cjal-9207	557	5	hopes	hope	VERB
cjal-9207	557	6	regard.in	regard.in	X
cjal-9207	557	7	h	h	NOUN
cjal-9207	557	8	d	d	NOUN
cjal-9207	557	9	f	f	PROPN
cjal-9207	557	10	1	1	NUM
cjal-9207	557	11	uwona	uwona	ADJ
cjal-9207	557	12	investors	investor	NOUN
cjal-9207	557	13	activism	activism	NOUN
cjal-9207	557	14	,	,	PUNCT
cjal-9207	557	15	ye	ye	PRON
cjal-9207	557	16	g	g	PROPN
cjal-9207	557	17	e	e	PROPN
cjal-9207	557	18	ge	ge	PROPN
cjal-9207	557	19	unds	und	VERB
cjal-9207	557	20	as	as	ADP
cjal-9207	557	21	the	the	DET
cjal-9207	557	22	new	new	ADJ
cjal-9207	557	23	·	·	PUNCT
cjal-9207	557	24	·	·	PUNCT
cjal-9207	557	25	·	·	PUNCT
cjal-9207	557	26	·	·	PUNCT
cjal-9207	557	27	)	)	PUNCT
cjal-9207	557	28	v	v	ADP
cjal-9207	557	29	h	h	NOUN
cjal-9207	557	30	evidence	evidence	NOUN
cjal-9207	557	31	concerning	concern	VERB
cjal-9207	557	32	the	the	DET
cjal-9207	557	33	actual	actual	ADJ
cjal-9207	557	34	·	·	SYM
cjal-9207	557	35	1	1	NUM
cjal-9207	557	36	'	'	PART
cjal-9207	557	37	promismg	promismg	NOUN
cjal-9207	557	38	activists	activist	NOUN
cjal-9207	557	39	.	.	PUNCT
cjal-9207	558	1	,	,	PUNCT
cjal-9207	558	2	et	et	PROPN
cjal-9207	558	3	,	,	PUNCT
cjal-9207	558	4	t	t	PROPN
cjal-9207	558	5	e	e	X
cjal-9207	558	6	mvo	mvo	PROPN
cjal-9207	558	7	vement	vement	NOUN
cjal-9207	558	8	and	and	CCONJ
cjal-9207	558	9	contribution	contribution	NOUN
cjal-9207	558	10	of	of	ADP
cjal-9207	558	11	institutional	institutional	ADJ
cjal-9207	558	12	investors	investor	NOUN
cjal-9207	558	13	is	be	AUX
cjal-9207	558	14	2016	2016	NUM
cjal-9207	558	15	]	]	PUNCT
cjal-9207	558	16	minority	minority	NOUN
cjal-9207	558	17	public	public	ADJ
cjal-9207	558	18	shareholders	shareholder	NOUN
cjal-9207	558	19	in	in	ADP
cjal-9207	558	20	china	china	PROPN
cjal-9207	558	21	27	27	NUM
cjal-9207	558	22	institutional	institutional	ADJ
cjal-9207	558	23	investors	investor	NOUN
cjal-9207	558	24	has	have	AUX
cjal-9207	558	25	been	be	AUX
cjal-9207	558	26	less	less	ADV
cjal-9207	558	27	optimistic	optimistic	ADJ
cjal-9207	558	28	.	.	PUNCT
cjal-9207	559	1	this	this	PRON
cjal-9207	559	2	is	be	AUX
cjal-9207	559	3	because	because	SCONJ
cjal-9207	559	4	institutional	institutional	ADJ
cjal-9207	559	5	investors	investor	NOUN
cjal-9207	559	6	in	in	ADP
cjal-9207	559	7	concentrated	concentrated	ADJ
cjal-9207	559	8	markets	market	NOUN
cjal-9207	559	9	are	be	AUX
cjal-9207	559	10	often	often	ADV
cjal-9207	559	11	entwined	entwine	VERB
cjal-9207	559	12	within	within	ADP
cjal-9207	559	13	larger	large	ADJ
cjal-9207	559	14	business	business	NOUN
cjal-9207	559	15	groups	group	NOUN
cjal-9207	559	16	,	,	PUNCT
cjal-9207	559	17	and	and	CCONJ
cjal-9207	559	18	in	in	ADP
cjal-9207	559	19	some	some	DET
cjal-9207	559	20	cases	case	NOUN
cjal-9207	559	21	even	even	ADV
cjal-9207	559	22	controlled	control	VERB
cjal-9207	559	23	by	by	ADP
cjal-9207	559	24	the	the	DET
cjal-9207	559	25	listed	list	VERB
cjal-9207	559	26	firm	firm	NOUN
cjal-9207	559	27	whose	whose	DET
cjal-9207	559	28	public	public	ADJ
cjal-9207	559	29	share	share	NOUN
cjal-9207	559	30	float	float	VERB
cjal-9207	559	31	they	they	PRON
cjal-9207	559	32	manage	manage	VERB
cjal-9207	559	33	.	.	PUNCT
cjal-9207	560	1	89	89	NUM
cjal-9207	560	2	hence	hence	ADV
cjal-9207	560	3	,	,	PUNCT
cjal-9207	560	4	institutional	institutional	ADJ
cjal-9207	560	5	investors	investor	NOUN
cjal-9207	560	6	in	in	ADP
cjal-9207	560	7	concentrated	concentrated	ADJ
cjal-9207	560	8	markets	market	NOUN
cjal-9207	560	9	can	can	AUX
cjal-9207	560	10	experience	experience	VERB
cjal-9207	560	11	a	a	DET
cjal-9207	560	12	conflict	conflict	NOUN
cjal-9207	560	13	of	of	ADP
cjal-9207	560	14	interest	interest	NOUN
cjal-9207	560	15	and	and	CCONJ
cjal-9207	560	16	favor	favor	VERB
cjal-9207	560	17	the	the	DET
cjal-9207	560	18	interests	interest	NOUN
cjal-9207	560	19	of	of	ADP
cjal-9207	560	20	the	the	DET
cjal-9207	560	21	dominant	dominant	ADJ
cjal-9207	560	22	shareholders	shareholder	NOUN
cjal-9207	560	23	of	of	ADP
cjal-9207	560	24	their	their	PRON
cjal-9207	560	25	affiliate	affiliate	NOUN
cjal-9207	560	26	group	group	NOUN
cjal-9207	560	27	over	over	ADP
cjal-9207	560	28	those	those	PRON
cjal-9207	560	29	of	of	ADP
cjal-9207	560	30	unaffiliated	unaffiliated	ADJ
cjal-9207	560	31	minority	minority	NOUN
cjal-9207	560	32	public	public	ADJ
cjal-9207	560	33	shareholders	shareholder	NOUN
cjal-9207	560	34	,	,	PUNCT
cjal-9207	560	35	or	or	CCONJ
cjal-9207	560	36	otherwise	otherwise	ADV
cjal-9207	560	37	just	just	ADV
cjal-9207	560	38	remain	remain	VERB
cjal-9207	560	39	passive	passive	ADJ
cjal-9207	560	40	.	.	PUNCT
cjal-9207	561	1	90	90	NUM
cjal-9207	561	2	this	this	DET
cjal-9207	561	3	kind	kind	NOUN
cjal-9207	561	4	of	of	ADP
cjal-9207	561	5	co	co	NOUN
cjal-9207	561	6	-	-	NOUN
cjal-9207	561	7	option	option	NOUN
cjal-9207	561	8	within	within	ADP
cjal-9207	561	9	larger	large	ADJ
cjal-9207	561	10	business	business	NOUN
cjal-9207	561	11	groups	group	NOUN
cjal-9207	561	12	in	in	ADP
cjal-9207	561	13	concentrated	concentrated	ADJ
cjal-9207	561	14	markets	market	NOUN
cjal-9207	561	15	can	can	AUX
cjal-9207	561	16	affect	affect	VERB
cjal-9207	561	17	the	the	DET
cjal-9207	561	18	ability	ability	NOUN
cjal-9207	561	19	of	of	ADP
cjal-9207	561	20	institutional	institutional	ADJ
cjal-9207	561	21	investors	investor	NOUN
cjal-9207	561	22	to	to	PART
cjal-9207	561	23	participate	participate	VERB
cjal-9207	561	24	effectively	effectively	ADV
cjal-9207	561	25	in	in	ADP
cjal-9207	561	26	corporate	corporate	ADJ
cjal-9207	561	27	governance	governance	NOUN
cjal-9207	561	28	on	on	ADP
cjal-9207	561	29	behalf	behalf	NOUN
cjal-9207	561	30	of	of	ADP
cjal-9207	561	31	minority	minority	NOUN
cjal-9207	561	32	public	public	ADJ
cjal-9207	561	33	shareholders	shareholder	NOUN
cjal-9207	561	34	.	.	PUNCT
cjal-9207	562	1	therefore	therefore	ADV
cjal-9207	562	2	,	,	PUNCT
cjal-9207	562	3	as	as	SCONJ
cjal-9207	562	4	some	some	DET
cjal-9207	562	5	scholars	scholar	NOUN
cjal-9207	562	6	have	have	AUX
cjal-9207	562	7	already	already	ADV
cjal-9207	562	8	noted	note	VERB
cjal-9207	562	9	,	,	PUNCT
cjal-9207	562	10	it	it	PRON
cjal-9207	562	11	seems	seem	VERB
cjal-9207	562	12	clear	clear	ADJ
cjal-9207	562	13	that	that	SCONJ
cjal-9207	562	14	there	there	PRON
cjal-9207	562	15	must	must	AUX
cjal-9207	562	16	be	be	AUX
cjal-9207	562	17	an	an	DET
cjal-9207	562	18	additional	additional	ADJ
cjal-9207	562	19	intervention	intervention	NOUN
cjal-9207	562	20	for	for	ADP
cjal-9207	562	21	institutional	institutional	ADJ
cjal-9207	562	22	investors	investor	NOUN
cjal-9207	562	23	in	in	ADP
cjal-9207	562	24	such	such	ADJ
cjal-9207	562	25	concentrated	concentrate	VERB
cjal-9207	562	26	markets	market	NOUN
cjal-9207	562	27	to	to	PART
cjal-9207	562	28	become	become	VERB
cjal-9207	562	29	active	active	ADJ
cjal-9207	562	30	participants	participant	NOUN
cjal-9207	562	31	in	in	ADP
cjal-9207	562	32	monitoring	monitoring	NOUN
cjal-9207	562	33	and	and	CCONJ
cjal-9207	562	34	corporate	corporate	ADJ
cjal-9207	562	35	governance	governance	NOUN
cjal-9207	562	36	on	on	ADP
cjal-9207	562	37	behalf	behalf	NOUN
cjal-9207	562	38	of	of	ADP
cjal-9207	562	39	minority	minority	NOUN
cjal-9207	562	40	public	public	ADJ
cjal-9207	562	41	shareholders	shareholder	NOUN
cjal-9207	562	42	.	.	PUNCT
cjal-9207	563	1	91	91	NUM
cjal-9207	563	2	examples	example	NOUN
cjal-9207	563	3	of	of	ADP
cjal-9207	563	4	such	such	ADJ
cjal-9207	563	5	required	require	VERB
cjal-9207	563	6	interventions	intervention	NOUN
cjal-9207	563	7	include	include	VERB
cjal-9207	563	8	the	the	DET
cjal-9207	563	9	adoption	adoption	NOUN
cjal-9207	563	10	of	of	ADP
cjal-9207	563	11	a	a	DET
cjal-9207	563	12	mandatory	mandatory	ADJ
cjal-9207	563	13	requirement	requirement	NOUN
cjal-9207	563	14	for	for	ADP
cjal-9207	563	15	noncontrolling	noncontrolling	NOUN
cjal-9207	563	16	shareholder	shareholder	NOUN
cjal-9207	563	17	board	board	PROPN
cjal-9207	563	18	representation;9	representation;9	PROPN
cjal-9207	563	19	2	2	NUM
cjal-9207	563	20	the	the	DET
cjal-9207	563	21	use	use	NOUN
cjal-9207	563	22	of	of	ADP
cjal-9207	563	23	disinterested	disinterested	ADJ
cjal-9207	563	24	shareholders	shareholder	NOUN
cjal-9207	563	25	consent	consent	NOUN
cjal-9207	563	26	as	as	ADP
cjal-9207	563	27	a	a	DET
cjal-9207	563	28	regulatory	regulatory	ADJ
cjal-9207	563	29	device	device	NOUN
cjal-9207	563	30	93	93	NUM
cjal-9207	563	31	(	(	PUNCT
cjal-9207	563	32	e.g.	e.g.	ADV
cjal-9207	563	33	,	,	PUNCT
cjal-9207	563	34	minority	minority	NOUN
cjal-9207	563	35	veto	veto	NOUN
cjal-9207	563	36	rights	right	NOUN
cjal-9207	563	37	(	(	PUNCT
cjal-9207	563	38	"	"	PUNCT
cjal-9207	563	39	majority	majority	NOUN
cjal-9207	563	40	-	-	PUNCT
cjal-9207	563	41	of	of	ADP
cjal-9207	563	42	-	-	PUNCT
cjal-9207	563	43	minority	minority	NOUN
cjal-9207	563	44	"	"	PUNCT
cjal-9207	563	45	approval	approval	NOUN
cjal-9207	563	46	requirements	requirement	NOUN
cjal-9207	563	47	)	)	PUNCT
cjal-9207	563	48	,	,	PUNCT
cjal-9207	563	49	super	super	ADJ
cjal-9207	563	50	majority	majority	NOUN
cjal-9207	563	51	requirements	requirement	NOUN
cjal-9207	563	52	,	,	PUNCT
cjal-9207	563	53	etc	etc	X
cjal-9207	563	54	.	.	X
cjal-9207	563	55	94	94	NUM
cjal-9207	563	56	)	)	PUNCT
cjal-9207	563	57	while	while	SCONJ
cjal-9207	563	58	at	at	ADP
cjal-9207	563	59	the	the	DET
cjal-9207	563	60	same	same	ADJ
cjal-9207	563	61	time	time	NOUN
cjal-9207	563	62	compelling	compel	VERB
cjal-9207	563	63	a	a	DET
cjal-9207	563	64	minority	minority	NOUN
cjal-9207	563	65	blockholders	blockholder	NOUN
cjal-9207	563	66	'	'	PART
cjal-9207	563	67	vote	vote	VERB
cjal-9207	563	68	in	in	ADP
cjal-9207	563	69	potentially	potentially	ADV
cjal-9207	563	70	abusive	abusive	ADJ
cjal-9207	563	71	circumstances	circumstance	NOUN
cjal-9207	563	72	.	.	PUNCT
cjal-9207	564	1	95	95	NUM
cjal-9207	564	2	inconclusive	inconclusive	ADJ
cjal-9207	564	3	:	:	PUNCT
cjal-9207	564	4	see	see	VERB
cjal-9207	564	5	,	,	PUNCT
cjal-9207	564	6	e.g.	e.g.	ADV
cjal-9207	564	7	,	,	PUNCT
cjal-9207	564	8	roberta	roberta	PROPN
cjal-9207	564	9	romano	romano	NOUN
cjal-9207	564	10	,	,	PUNCT
cjal-9207	564	11	less	less	ADV
cjal-9207	564	12	is	be	AUX
cjal-9207	564	13	more	more	ADJ
cjal-9207	564	14	:	:	PUNCT
cjal-9207	564	15	making	make	VERB
cjal-9207	564	16	shareholder	shareholder	NOUN
cjal-9207	564	17	activism	activism	NOUN
cjal-9207	564	18	a	a	DET
cjal-9207	564	19	valued	value	VERB
cjal-9207	564	20	mechanism	mechanism	NOUN
cjal-9207	564	21	of	of	ADP
cjal-9207	564	22	corporate	corporate	ADJ
cjal-9207	564	23	governance	governance	NOUN
cjal-9207	564	24	,	,	PUNCT
cjal-9207	564	25	18	18	NUM
cjal-9207	564	26	yale	yale	NOUN
cjal-9207	564	27	.	.	PUNCT
cjal-9207	565	1	j.	j.	PROPN
cjal-9207	565	2	on	on	ADP
cjal-9207	565	3	reg	reg	PROPN
cjal-9207	565	4	.	.	PUNCT
cjal-9207	565	5	174	174	NUM
cjal-9207	565	6	,	,	PUNCT
cjal-9207	565	7	187	187	NUM
cjal-9207	565	8	-	-	SYM
cjal-9207	565	9	219	219	NUM
cjal-9207	565	10	(	(	PUNCT
cjal-9207	565	11	2001	2001	NUM
cjal-9207	565	12	)	)	PUNCT
cjal-9207	565	13	(	(	PUNCT
cjal-9207	565	14	reviewing	review	VERB
cjal-9207	565	15	studies	study	NOUN
cjal-9207	565	16	on	on	ADP
cjal-9207	565	17	shareholder	shareholder	NOUN
cjal-9207	565	18	proposals	proposal	NOUN
cjal-9207	565	19	submitted	submit	VERB
cjal-9207	565	20	by	by	ADP
cjal-9207	565	21	public	public	ADJ
cjal-9207	565	22	pension	pension	NOUN
cjal-9207	565	23	funds	fund	NOUN
cjal-9207	565	24	in	in	ADP
cjal-9207	565	25	the	the	DET
cjal-9207	565	26	united	united	PROPN
cjal-9207	565	27	states	states	PROPN
cjal-9207	565	28	and	and	CCONJ
cjal-9207	565	29	concluding	conclude	VERB
cjal-9207	565	30	an	an	DET
cjal-9207	565	31	insignificant	insignificant	ADJ
cjal-9207	565	32	effect	effect	NOUN
cjal-9207	565	33	on	on	ADP
cjal-9207	565	34	firms	firm	NOUN
cjal-9207	565	35	'	'	PART
cjal-9207	565	36	performance	performance	NOUN
cjal-9207	565	37	)	)	PUNCT
cjal-9207	565	38	)	)	PUNCT
cjal-9207	565	39	;	;	PUNCT
cjal-9207	565	40	gillan	gillan	PROPN
cjal-9207	565	41	and	and	CCONJ
cjal-9207	565	42	starks	stark	NOUN
cjal-9207	565	43	draw	draw	VERB
cjal-9207	565	44	a	a	DET
cjal-9207	565	45	similar	similar	ADJ
cjal-9207	565	46	conclusion	conclusion	NOUN
cjal-9207	565	47	following	follow	VERB
cjal-9207	565	48	a	a	DET
cjal-9207	565	49	survey	survey	NOUN
cjal-9207	565	50	of	of	ADP
cjal-9207	565	51	empirical	empirical	ADJ
cjal-9207	565	52	studies	study	NOUN
cjal-9207	565	53	concerning	concern	VERB
cjal-9207	565	54	various	various	ADJ
cjal-9207	565	55	forms	form	NOUN
cjal-9207	565	56	of	of	ADP
cjal-9207	565	57	activism	activism	NOUN
cjal-9207	565	58	.	.	PUNCT
cjal-9207	566	1	i	i	PRON
cjal-9207	566	2	d.	d.	PROPN
cjal-9207	566	3	at	at	ADP
cjal-9207	566	4	177	177	NUM
cjal-9207	566	5	n.8	n.8	NOUN
cjal-9207	566	6	(	(	PUNCT
cjal-9207	566	7	citing	cite	VERB
cjal-9207	566	8	stuart	stuart	PROPN
cjal-9207	566	9	l.	l.	PROPN
cjal-9207	566	10	gillan	gillan	PROPN
cjal-9207	566	11	&	&	CCONJ
cjal-9207	566	12	laura	laura	PROPN
cjal-9207	566	13	t.	t.	PROPN
cjal-9207	566	14	starks	starks	PROPN
cjal-9207	566	15	,	,	PUNCT
cjal-9207	566	16	a	a	DET
cjal-9207	566	17	surv	surv	NOUN
cjal-9207	566	18	ey	ey	X
cjal-9207	566	19	of	of	ADP
cjal-9207	566	20	shareholder	shareholder	NOUN
cjal-9207	566	21	activism	activism	NOUN
cjal-9207	566	22	:	:	PUNCT
cjal-9207	566	23	moti	moti	PROPN
cjal-9207	566	24	vation	vation	NOUN
cjal-9207	566	25	and	and	CCONJ
cjal-9207	566	26	empirical	empirical	ADJ
cjal-9207	566	27	evidence	evidence	NOUN
cjal-9207	566	28	,	,	PUNCT
cjal-9207	566	29	contemp	contemp	NOUN
cjal-9207	566	30	.	.	PUNCT
cjal-9207	567	1	fin	fin	NOUN
cjal-9207	567	2	.	.	PUNCT
cjal-9207	567	3	digest	digest	PROPN
cjal-9207	567	4	,	,	PUNCT
cjal-9207	567	5	autumn	autumn	NOUN
cjal-9207	567	6	1998	1998	NUM
cjal-9207	567	7	,	,	PUNCT
cjal-9207	567	8	10	10	NUM
cjal-9207	567	9	,	,	PUNCT
cjal-9207	567	10	concluding	conclude	VERB
cjal-9207	567	11	that	that	SCONJ
cjal-9207	567	12	no	no	DET
cjal-9207	567	13	empirical	empirical	ADJ
cjal-9207	567	14	evidence	evidence	NOUN
cjal-9207	567	15	supports	support	VERB
cjal-9207	567	16	the	the	DET
cjal-9207	567	17	claim	claim	NOUN
cjal-9207	567	18	that	that	SCONJ
cjal-9207	567	19	activists	activist	NOUN
cjal-9207	567	20	improve	improve	VERB
cjal-9207	567	21	long	long	ADJ
cjal-9207	567	22	term	term	NOUN
cjal-9207	567	23	market	market	NOUN
cjal-9207	567	24	performance	performance	NOUN
cjal-9207	567	25	)	)	PUNCT
cjal-9207	567	26	.	.	PUNCT
cjal-9207	568	1	89	89	NUM
cjal-9207	568	2	assaf	assaf	PROPN
cjal-9207	568	3	hamdani	hamdani	PROPN
cjal-9207	568	4	&	&	CCONJ
cjal-9207	568	5	yishay	yishay	PROPN
cjal-9207	568	6	y	y	PROPN
cjal-9207	568	7	afeh	afeh	NOUN
cjal-9207	568	8	,	,	PUNCT
cjal-9207	568	9	institutional	institutional	ADJ
cjal-9207	568	10	investors	investor	NOUN
cjal-9207	568	11	as	as	ADP
cjal-9207	568	12	minority	minority	NOUN
cjal-9207	568	13	shareholders	shareholder	NOUN
cjal-9207	568	14	,	,	PUNCT
cjal-9207	568	15	17	17	NUM
cjal-9207	568	16	rev	rev	X
cjal-9207	568	17	.	.	PROPN
cjal-9207	568	18	fin	fin	NOUN
cjal-9207	568	19	.	.	PUNCT
cjal-9207	569	1	691	691	NUM
cjal-9207	569	2	(	(	PUNCT
cjal-9207	569	3	2012	2012	NUM
cjal-9207	569	4	)	)	PUNCT
cjal-9207	569	5	;	;	PUNCT
cjal-9207	569	6	(	(	PUNCT
cjal-9207	569	7	examining	examine	VERB
cjal-9207	569	8	institutional	institutional	ADJ
cjal-9207	569	9	investors	investor	NOUN
cjal-9207	569	10	voting	vote	VERB
cjal-9207	569	11	patterns	pattern	NOUN
cjal-9207	569	12	in	in	ADP
cjal-9207	569	13	the	the	DET
cjal-9207	569	14	israeli	israeli	ADJ
cjal-9207	569	15	market	market	NOUN
cjal-9207	569	16	)	)	PUNCT
cjal-9207	569	17	.	.	PUNCT
cjal-9207	570	1	oo	oo	INTJ
cjal-9207	570	2	i	i	PRON
cjal-9207	570	3	d.	d.	PROPN
cjal-9207	570	4	at	at	ADP
cjal-9207	570	5	711	711	NUM
cjal-9207	570	6	-	-	SYM
cjal-9207	570	7	13	13	NUM
cjal-9207	570	8	(	(	PUNCT
cjal-9207	570	9	finding	find	VERB
cjal-9207	570	10	that	that	SCONJ
cjal-9207	570	11	institutional	institutional	ADJ
cjal-9207	570	12	investors	investor	NOUN
cjal-9207	570	13	with	with	ADP
cjal-9207	570	14	potential	potential	ADJ
cjal-9207	570	15	business	business	NOUN
cjal-9207	570	16	interests	interest	NOUN
cjal-9207	570	17	,	,	PUNCT
cjal-9207	570	18	or	or	CCONJ
cjal-9207	570	19	who	who	PRON
cjal-9207	570	20	are	be	AUX
cjal-9207	570	21	owned	own	VERB
cjal-9207	570	22	within	within	ADP
cjal-9207	570	23	a	a	DET
cjal-9207	570	24	business	business	NOUN
cjal-9207	570	25	group	group	NOUN
cjal-9207	570	26	,	,	PUNCT
cjal-9207	570	27	are	be	AUX
cjal-9207	570	28	more	more	ADV
cjal-9207	570	29	likely	likely	ADJ
cjal-9207	570	30	to	to	PART
cjal-9207	570	31	support	support	VERB
cjal-9207	570	32	proposals	proposal	NOUN
cjal-9207	570	33	by	by	ADP
cjal-9207	570	34	insiders	insider	NOUN
cjal-9207	570	35	)	)	PUNCT
cjal-9207	570	36	.	.	PUNCT
cjal-9207	571	1	91	91	NUM
cjal-9207	571	2	lb	lb	NOUN
cjal-9207	571	3	.	.	PROPN
cjal-9207	571	4	,	,	PUNCT
cjal-9207	571	5	at	at	ADP
cjal-9207	571	6	713	713	NUM
cjal-9207	571	7	-	-	SYM
cjal-9207	571	8	14	14	NUM
cjal-9207	571	9	(	(	PUNCT
cjal-9207	571	10	finding	find	VERB
cjal-9207	571	11	that	that	PRON
cjal-9207	571	12	:	:	PUNCT
cjal-9207	571	13	"	"	PUNCT
cjal-9207	571	14	it	it	PRON
cjal-9207	571	15	is	be	AUX
cjal-9207	571	16	legal	legal	ADJ
cjal-9207	571	17	intervention	intervention	NOUN
cjal-9207	571	18	rather	rather	ADV
cjal-9207	571	19	than	than	ADP
cjal-9207	571	20	minority	minority	NOUN
cjal-9207	571	21	shareholders	shareholder	NOUN
cjal-9207	571	22	'	'	PART
cjal-9207	571	23	voting	voting	NOUN
cjal-9207	571	24	power	power	NOUN
cjal-9207	571	25	that	that	PRON
cjal-9207	571	26	drives	drive	VERB
cjal-9207	571	27	institutional	institutional	ADJ
cjal-9207	571	28	investors	investor	NOUN
cjal-9207	571	29	to	to	PART
cjal-9207	571	30	cast	cast	VERB
cjal-9207	571	31	a	a	DET
cjal-9207	571	32	vote	vote	NOUN
cjal-9207	571	33	.	.	PUNCT
cjal-9207	571	34	"	"	PUNCT
cjal-9207	571	35	)	)	PUNCT
cjal-9207	571	36	.	.	PUNCT
cjal-9207	572	1	92	92	NUM
cjal-9207	572	2	for	for	ADP
cjal-9207	572	3	an	an	DET
cjal-9207	572	4	example	example	NOUN
cjal-9207	572	5	from	from	ADP
cjal-9207	572	6	the	the	DET
cjal-9207	572	7	italian	italian	ADJ
cjal-9207	572	8	corporate	corporate	ADJ
cjal-9207	572	9	law	law	NOUN
cjal-9207	572	10	,	,	PUNCT
cjal-9207	572	11	see	see	VERB
cjal-9207	572	12	matteo	matteo	PROPN
cjal-9207	572	13	erede	erede	PROPN
cjal-9207	572	14	,	,	PUNCT
cjal-9207	572	15	governing	govern	VERB
cjal-9207	572	16	corporations	corporation	NOUN
cjal-9207	572	17	with	with	ADP
cjal-9207	572	18	concentrated	concentrated	ADJ
cjal-9207	572	19	ownership	ownership	NOUN
cjal-9207	572	20	structure	structure	NOUN
cjal-9207	572	21	:	:	PUNCT
cjal-9207	572	22	an	an	DET
cjal-9207	572	23	empirical	empirical	ADJ
cjal-9207	572	24	analys	analys	NOUN
cjal-9207	572	25	is	be	AUX
cjal-9207	572	26	of	of	ADP
cjal-9207	572	27	hedge	hedge	NOUN
cjal-9207	572	28	fund	fund	NOUN
cjal-9207	572	29	activism	activism	NOUN
cjal-9207	572	30	in	in	ADP
cjal-9207	572	31	italy	italy	PROPN
cjal-9207	572	32	and	and	CCONJ
cjal-9207	572	33	germany	germany	PROPN
cjal-9207	572	34	,	,	PUNCT
cjal-9207	572	35	and	and	CCONJ
cjal-9207	572	36	its	its	PRON
cjal-9207	572	37	evolution	evolution	NOUN
cjal-9207	572	38	,	,	PUNCT
cjal-9207	572	39	10	10	NUM
cjal-9207	572	40	euro	euro	NOUN
cjal-9207	572	41	.	.	PUNCT
cjal-9207	573	1	co.	co.	PROPN
cjal-9207	573	2	&	&	CCONJ
cjal-9207	573	3	fin	fin	PROPN
cjal-9207	573	4	.	.	PUNCT
cjal-9207	574	1	l.	l.	PROPN
cjal-9207	574	2	rev	rev	PROPN
cjal-9207	574	3	.	.	PROPN
cjal-9207	574	4	328	328	NUM
cjal-9207	574	5	,	,	PUNCT
cjal-9207	574	6	350	350	NUM
cjal-9207	574	7	-	-	SYM
cjal-9207	574	8	54	54	NUM
cjal-9207	574	9	(	(	PUNCT
cjal-9207	574	10	2013	2013	NUM
cjal-9207	574	11	)	)	PUNCT
cjal-9207	574	12	.	.	PUNCT
cjal-9207	575	1	93	93	NUM
cjal-9207	575	2	jennifer	jennifer	PROPN
cjal-9207	575	3	hill	hill	PROPN
cjal-9207	575	4	,	,	PUNCT
cjal-9207	575	5	visions	vision	NOUN
cjal-9207	575	6	and	and	CCONJ
cjal-9207	575	7	re	re	NOUN
cjal-9207	575	8	visions	vision	NOUN
cjal-9207	575	9	of	of	ADP
cjal-9207	575	10	the	the	DET
cjal-9207	575	11	shareholder	shareholder	NOUN
cjal-9207	575	12	,	,	PUNCT
cjal-9207	575	13	48	48	NUM
cjal-9207	575	14	am	am	NOUN
cjal-9207	575	15	.	.	PUNCT
cjal-9207	576	1	j.	j.	PROPN
cjal-9207	576	2	comp	comp	PROPN
cjal-9207	576	3	.	.	PUNCT
cjal-9207	577	1	l.	l.	PROPN
cjal-9207	577	2	39	39	NUM
cjal-9207	577	3	,	,	PUNCT
cjal-9207	577	4	6971	6971	NUM
cjal-9207	577	5	(	(	PUNCT
cjal-9207	577	6	2009	2009	NUM
cjal-9207	577	7	)	)	PUNCT
cjal-9207	577	8	(	(	PUNCT
cjal-9207	577	9	discussing	discuss	VERB
cjal-9207	577	10	the	the	DET
cjal-9207	577	11	idea	idea	NOUN
cjal-9207	577	12	of	of	ADP
cjal-9207	577	13	shareholders	shareholder	NOUN
cjal-9207	577	14	voice	voice	NOUN
cjal-9207	577	15	as	as	ADP
cjal-9207	577	16	a	a	DET
cjal-9207	577	17	regulatory	regulatory	ADJ
cjal-9207	577	18	monitoring	monitoring	NOUN
cjal-9207	577	19	device	device	NOUN
cjal-9207	577	20	,	,	PUNCT
cjal-9207	577	21	screening	screen	VERB
cjal-9207	577	22	questionable	questionable	ADJ
cjal-9207	577	23	transactions	transaction	NOUN
cjal-9207	577	24	in	in	ADP
cjal-9207	577	25	australia	australia	PROPN
cjal-9207	577	26	-	-	PUNCT
cjal-9207	577	27	a	a	DET
cjal-9207	577	28	dispersed	disperse	VERB
cjal-9207	577	29	market	market	NOUN
cjal-9207	577	30	)	)	PUNCT
cjal-9207	577	31	.	.	PUNCT
cjal-9207	578	1	94	94	NUM
cjal-9207	578	2	for	for	ADP
cjal-9207	578	3	data	datum	NOUN
cjal-9207	578	4	on	on	ADP
cjal-9207	578	5	countries	country	NOUN
cjal-9207	578	6	that	that	PRON
cjal-9207	578	7	adopted	adopt	VERB
cjal-9207	578	8	minority	minority	NOUN
cjal-9207	578	9	veto	veto	NOUN
cjal-9207	578	10	rights	right	NOUN
cjal-9207	578	11	,	,	PUNCT
cjal-9207	578	12	see	see	VERB
cjal-9207	578	13	oecd	oecd	PROPN
cjal-9207	578	14	,	,	PUNCT
cjal-9207	578	15	related	relate	VERB
cjal-9207	578	16	party	party	NOUN
cjal-9207	578	17	transactions	transaction	NOUN
cjal-9207	578	18	and	and	CCONJ
cjal-9207	578	19	minority	minority	NOUN
cjal-9207	578	20	shareholder	shareholder	NOUN
cjal-9207	578	21	rights	right	VERB
cjal-9207	578	22	30	30	NUM
cjal-9207	578	23	-	-	SYM
cjal-9207	578	24	37	37	NUM
cjal-9207	578	25	,	,	PUNCT
cjal-9207	578	26	http://www.oecd.org/daf/ca	http://www.oecd.org/daf/ca	X
cjal-9207	578	27	/50089215.pdf	/50089215.pdf	PROPN
cjal-9207	578	28	.	.	PUNCT
cjal-9207	579	1	oo	oo	INTJ
cjal-9207	579	2	see	see	VERB
cjal-9207	579	3	zohar	zohar	PROPN
cjal-9207	579	4	goshen	goshen	PROPN
cjal-9207	579	5	,	,	PUNCT
cjal-9207	579	6	the	the	DET
cjal-9207	579	7	efficiency	efficiency	NOUN
cjal-9207	579	8	of	of	ADP
cjal-9207	579	9	controlling	control	VERB
cjal-9207	579	10	corporate	corporate	ADJ
cjal-9207	579	11	self	self	NOUN
cjal-9207	579	12	-	-	PUNCT
cjal-9207	579	13	dealing	dealing	NOUN
cjal-9207	579	14	:	:	PUNCT
cjal-9207	579	15	theory	theory	NOUN
cjal-9207	579	16	meets	meet	VERB
cjal-9207	579	17	reality	reality	NOUN
cjal-9207	579	18	,	,	PUNCT
cjal-9207	579	19	91	91	NUM
cjal-9207	579	20	calif	calif	NOUN
cjal-9207	579	21	.	.	PUNCT
cjal-9207	580	1	l.	l.	PROPN
cjal-9207	580	2	rev	rev	PROPN
cjal-9207	580	3	.	.	PROPN
cjal-9207	580	4	393	393	NUM
cjal-9207	580	5	(	(	PUNCT
cjal-9207	580	6	2003	2003	NUM
cjal-9207	580	7	)	)	PUNCT
cjal-9207	580	8	(	(	PUNCT
cjal-9207	580	9	arguing	argue	VERB
cjal-9207	580	10	that	that	SCONJ
cjal-9207	580	11	corporate	corporate	ADJ
cjal-9207	580	12	laws	law	NOUN
cjal-9207	580	13	must	must	AUX
cjal-9207	580	14	incorporate	incorporate	VERB
cjal-9207	580	15	some	some	DET
cjal-9207	580	16	form	form	NOUN
cjal-9207	580	17	of	of	ADP
cjal-9207	580	18	minority	minority	NOUN
cjal-9207	580	19	protection	protection	NOUN
cjal-9207	580	20	as	as	ADP
cjal-9207	580	21	a	a	DET
cjal-9207	580	22	mandatory	mandatory	ADJ
cjal-9207	580	23	rule	rule	NOUN
cjal-9207	580	24	,	,	PUNCT
cjal-9207	580	25	and	and	CCONJ
cjal-9207	580	26	examining	examine	VERB
cjal-9207	580	27	various	various	ADJ
cjal-9207	580	28	such	such	ADJ
cjal-9207	580	29	forms	form	NOUN
cjal-9207	580	30	in	in	ADP
cjal-9207	580	31	differ	differ	ADJ
cjal-9207	580	32	ent	ent	NOUN
cjal-9207	580	33	jurisdictions	jurisdiction	NOUN
cjal-9207	580	34	)	)	PUNCT
cjal-9207	580	35	.	.	PUNCT
cjal-9207	581	1	28	28	NUM
cjal-9207	581	2	columbia	columbia	PROPN
cjal-9207	581	3	joc	joc	PROPN
cjal-9207	581	4	:	:	PUNCT
cjal-9207	581	5	r.	r.	PROPN
cjal-9207	581	6	,	,	PUNCT
cjal-9207	581	7	.-tl	.-tl	PROPN
cjal-9207	581	8	ofasias	ofasias	PROPN
cjal-9207	581	9	l	l	PROPN
cjal-9207	581	10	..	..	PUNCT
cjal-9207	582	1	rn	rn	PROPN
cjal-9207	582	2	·	·	PUNCT
cjal-9207	583	1	[	[	X
cjal-9207	583	2	yo	yo	X
cjal-9207	583	3	!	!	PUNCT
cjal-9207	583	4	.	.	PUNCT
cjal-9207	584	1	30:1	30:1	NUM
cjal-9207	584	2	israel	israel	PROPN
cjal-9207	584	3	is	be	AUX
cjal-9207	584	4	one	one	NUM
cjal-9207	584	5	example	example	NOUN
cjal-9207	584	6	of	of	ADP
cjal-9207	584	7	a	a	DET
cjal-9207	584	8	highly	highly	ADV
cjal-9207	584	9	-	-	PUNCT
cjal-9207	584	10	concentrated	concentrate	VERB
cjal-9207	584	11	market	market	NOUN
cjal-9207	584	12	where	where	SCONJ
cjal-9207	584	13	the	the	DET
cjal-9207	584	14	--tate	--tate	NOUN
cjal-9207	584	15	regulator	regulator	NOUN
cjal-9207	584	16	sought	seek	VERB
cjal-9207	584	17	to	to	PART
cjal-9207	584	18	increase	increase	VERB
cjal-9207	584	19	institutional	institutional	ADJ
cjal-9207	584	20	inve	inve	NOUN
cjal-9207	584	21	.	.	PUNCT
cjal-9207	585	1	tor	tor	NOUN
cjal-9207	585	2	participation	participation	NOUN
cjal-9207	585	3	and	and	CCONJ
cjal-9207	585	4	power	power	NOUN
cjal-9207	585	5	by	by	ADP
cjal-9207	585	6	addressing	address	VERB
cjal-9207	585	7	the	the	DET
cjal-9207	585	8	passivity	passivity	NOUN
cjal-9207	585	9	of	of	ADP
cjal-9207	585	10	institutional	institutional	ADJ
cjal-9207	585	11	im·e-.tor	im·e-.tor	NOUN
cjal-9207	585	12	,	,	PUNCT
cjal-9207	585	13	and	and	CCONJ
cjal-9207	585	14	their	their	PRON
cjal-9207	585	15	cooption	cooption	NOUN
cjal-9207	585	16	within	within	ADP
cjal-9207	585	17	a	a	DET
cjal-9207	585	18	larger	large	ADJ
cjal-9207	585	19	,	,	PUNCT
cjal-9207	585	20	dominated	dominate	VERB
cjal-9207	585	21	,	,	PUNCT
cjal-9207	585	22	group	group	NOUN
cjal-9207	585	23	and	and	CCONJ
cjal-9207	585	24	the	the	DET
cjal-9207	585	25	potential	potential	ADJ
cjal-9207	585	26	conflict	conflict	NOUN
cjal-9207	585	27	of	of	ADP
cjal-9207	585	28	interest	interest	NOUN
cjal-9207	585	29	resulting	result	VERB
cjal-9207	585	30	therefrom	therefrom	NOUN
cjal-9207	585	31	.	.	PUNCT
cjal-9207	586	1	a	a	DET
cjal-9207	586	2	rule	rule	NOUN
cjal-9207	586	3	introduced	introduce	VERB
cjal-9207	586	4	into	into	ADP
cjal-9207	586	5	i	i	PRON
cjal-9207	586	6	,	,	PUNCT
cjal-9207	586	7	racl'-company	racl'-company	PROPN
cjal-9207	586	8	law	law	NOUN
cjal-9207	586	9	requires	require	VERB
cjal-9207	586	10	that	that	SCONJ
cjal-9207	586	11	"	"	PUNCT
cjal-9207	586	12	extraordinary	extraordinary	ADJ
cjal-9207	586	13	"	"	PUNCT
cjal-9207	586	14	transactions	transaction	NOUN
cjal-9207	586	15	between	between	ADP
cjal-9207	586	16	the	the	DET
cjal-9207	586	17	company	company	NOUN
cjal-9207	586	18	and	and	CCONJ
cjal-9207	586	19	its	its	PRON
cjal-9207	586	20	control	control	NOUN
cjal-9207	586	21	party	party	NOUN
cjal-9207	586	22	(	(	PUNCT
cjal-9207	586	23	including	include	VERB
cjal-9207	586	24	affiliates	affiliate	NOUN
cjal-9207	586	25	)	)	PUNCT
cjal-9207	586	26	be	be	VERB
cjal-9207	586	27	appro,·ed	appro,·e	VERB
cjal-9207	586	28	by	by	ADP
cjal-9207	586	29	the	the	DET
cjal-9207	586	30	shareholders	shareholder	NOUN
cjal-9207	586	31	general	general	ADJ
cjal-9207	586	32	meeting	meeting	NOUN
cjal-9207	586	33	,	,	PUNCT
cjal-9207	586	34	provided	provide	VERB
cjal-9207	586	35	that	that	SCONJ
cjal-9207	586	36	the	the	DET
cjal-9207	586	37	approving	approve	VERB
cjal-9207	586	38	majority	majority	NOUN
cjal-9207	586	39	votes	vote	NOUN
cjal-9207	586	40	will	will	AUX
cjal-9207	586	41	include	include	VERB
cjal-9207	586	42	a	a	DET
cjal-9207	586	43	majority	majority	NOUN
cjal-9207	586	44	of	of	ADP
cjal-9207	586	45	disinterested	disinterested	ADJ
cjal-9207	586	46	(	(	PUNCT
cjal-9207	586	47	minority	minority	NOUN
cjal-9207	586	48	)	)	PUNCT
cjal-9207	586	49	-.harebolder	-.harebolder	ADP
cjal-9207	586	50	:	:	PUNCT
cjal-9207	586	51	,	,	PUNCT
cjal-9207	586	52	participating	participate	VERB
cjal-9207	586	53	in	in	ADP
cjal-9207	586	54	the	the	DET
cjal-9207	586	55	meeting	meeting	NOUN
cjal-9207	586	56	(	(	PUNCT
cjal-9207	586	57	abstentions	abstention	NOUN
cjal-9207	586	58	not	not	PART
cjal-9207	586	59	accounted	account	VERB
cjal-9207	586	60	)	)	PUNCT
cjal-9207	586	61	.	.	PUNCT
cjal-9207	587	1	at	at	ADP
cjal-9207	587	2	the	the	DET
cjal-9207	587	3	,	,	PUNCT
cjal-9207	587	4	-ame	-ame	PUNCT
cjal-9207	587	5	time	time	NOUN
cjal-9207	587	6	,	,	PUNCT
cjal-9207	587	7	various	various	ADJ
cjal-9207	587	8	financial	financial	ADJ
cjal-9207	587	9	laws	law	NOUN
cjal-9207	587	10	and	and	CCONJ
cjal-9207	587	11	regulations	regulation	NOUN
cjal-9207	587	12	mandate	mandate	VERB
cjal-9207	587	13	that	that	SCONJ
cjal-9207	587	14	in	in	ADP
cjal-9207	587	15	--	--	PUNCT
cjal-9207	587	16	titutional	titutional	ADJ
cjal-9207	587	17	investors	investor	NOUN
cjal-9207	587	18	cast	cast	VERB
cjal-9207	587	19	a	a	DET
cjal-9207	587	20	vote	vote	NOUN
cjal-9207	587	21	in	in	ADP
cjal-9207	587	22	certain	certain	ADJ
cjal-9207	587	23	matters,97	matters,97	NOUN
cjal-9207	587	24	thereby	thereby	ADV
cjal-9207	587	25	leveraging	leverage	VERB
cjal-9207	587	26	,	,	PUNCT
cjal-9207	587	27	-bareholder	-bareholder	NOUN
cjal-9207	587	28	consent	consent	NOUN
cjal-9207	587	29	into	into	ADP
cjal-9207	587	30	a	a	DET
cjal-9207	587	31	regulatory	regulatory	ADJ
cjal-9207	587	32	device	device	NOUN
cjal-9207	587	33	.	.	PUNCT
cjal-9207	588	1	in	in	ADP
cjal-9207	588	2	addition	addition	NOUN
cjal-9207	588	3	,	,	PUNCT
cjal-9207	588	4	in	in	ADP
cjal-9207	588	5	a	a	DET
cjal-9207	588	6	recent	recent	ADJ
cjal-9207	588	7	law	law	NOUN
cjal-9207	588	8	the	the	DET
cjal-9207	588	9	israeli	israeli	ADJ
cjal-9207	588	10	legislature	legislature	NOUN
cjal-9207	588	11	has	have	AUX
cjal-9207	588	12	taken	take	VERB
cjal-9207	588	13	action	action	NOUN
cjal-9207	588	14	to	to	PART
cjal-9207	588	15	mitigate	mitigate	VERB
cjal-9207	588	16	the	the	DET
cjal-9207	588	17	conflict.-	conflict.-	PROPN
cjal-9207	588	18	.	.	PUNCT
cjal-9207	588	19	of	of	ADP
cjal-9207	588	20	intere	intere	PROPN
cjal-9207	588	21	,	,	PUNCT
cjal-9207	588	22	t	t	PROPN
cjal-9207	588	23	often	often	ADV
cjal-9207	588	24	experienced	experience	VERB
cjal-9207	588	25	by	by	ADP
cjal-9207	588	26	institutional	institutional	ADJ
cjal-9207	588	27	investors	investor	NOUN
cjal-9207	588	28	.	.	PUNCT
cjal-9207	589	1	98	98	NUM
cjal-9207	589	2	the	the	DET
cjal-9207	589	3	law	law	NOUN
cjal-9207	589	4	establi,-.he-	establi,-.he-	NOUN
cjal-9207	589	5	.	.	PUNCT
cjal-9207	590	1	owner	owner	NOUN
cjal-9207	590	2	,	,	PUNCT
cjal-9207	590	3	hip	hip	NOUN
cjal-9207	590	4	limitations	limitation	NOUN
cjal-9207	590	5	within	within	ADP
cjal-9207	590	6	business	business	NOUN
cjal-9207	590	7	groups	group	NOUN
cjal-9207	590	8	with	with	ADP
cjal-9207	590	9	respect	respect	NOUN
cjal-9207	590	10	to	to	ADP
cjal-9207	590	11	financial	financial	ADJ
cjal-9207	590	12	"	"	PUNCT
cjal-9207	590	13	en·ices	en·ice	NOUN
cjal-9207	590	14	institutions	institution	NOUN
cjal-9207	590	15	in	in	ADP
cjal-9207	590	16	a	a	DET
cjal-9207	590	17	move	move	NOUN
cjal-9207	590	18	designed	design	VERB
cjal-9207	590	19	to	to	PART
cjal-9207	590	20	increase	increase	VERB
cjal-9207	590	21	the	the	DET
cjal-9207	590	22	independence	independence	NOUN
cjal-9207	590	23	of	of	ADP
cjal-9207	590	24	institutional	institutional	ADJ
cjal-9207	590	25	investors	investor	NOUN
cjal-9207	590	26	from	from	ADP
cjal-9207	590	27	the	the	DET
cjal-9207	590	28	highly	highly	ADV
cjal-9207	590	29	-	-	PUNCT
cjal-9207	590	30	concentrated	concentrate	VERB
cjal-9207	590	31	corporate	corporate	ADJ
cjal-9207	590	32	pyramids	pyramid	NOUN
cjal-9207	590	33	prevalent	prevalent	ADJ
cjal-9207	590	34	in	in	ADP
cjal-9207	590	35	the	the	DET
cjal-9207	590	36	israeli	israeli	ADJ
cjal-9207	590	37	market	market	NOUN
cjal-9207	590	38	.	.	PUNCT
cjal-9207	591	1	with	with	ADP
cjal-9207	591	2	respect	respect	NOUN
cjal-9207	591	3	to	to	ADP
cjal-9207	591	4	the	the	DET
cjal-9207	591	5	prc	prc	PROPN
cjal-9207	591	6	,	,	PUNCT
cjal-9207	591	7	several	several	ADJ
cjal-9207	591	8	market	market	NOUN
cjal-9207	591	9	conditions	condition	NOUN
cjal-9207	591	10	impede	impede	VERB
cjal-9207	591	11	the	the	DET
cjal-9207	591	12	ability	ability	NOUN
cjal-9207	591	13	of	of	ADP
cjal-9207	591	14	institutional	institutional	ADJ
cjal-9207	591	15	investors	investor	NOUN
cjal-9207	591	16	to	to	PART
cjal-9207	591	17	monitor	monitor	VERB
cjal-9207	591	18	as	as	ADV
cjal-9207	591	19	well	well	ADV
cjal-9207	591	20	as	as	ADP
cjal-9207	591	21	to	to	PART
cjal-9207	591	22	significantly	significantly	ADV
cjal-9207	591	23	participate	participate	VERB
cjal-9207	591	24	in	in	ADP
cjal-9207	591	25	firms	firm	NOUN
cjal-9207	591	26	'	'	PART
cjal-9207	591	27	governance	governance	NOUN
cjal-9207	591	28	.	.	PUNCT
cjal-9207	592	1	the	the	DET
cjal-9207	592	2	size	size	NOUN
cjal-9207	592	3	of	of	ADP
cjal-9207	592	4	the	the	DET
cjal-9207	592	5	industry	industry	NOUN
cjal-9207	592	6	is	be	AUX
cjal-9207	592	7	the	the	DET
cjal-9207	592	8	first	first	ADJ
cjal-9207	592	9	impediment	impediment	NOUN
cjal-9207	592	10	.	.	PUNCT
cjal-9207	593	1	currently	currently	ADV
cjal-9207	593	2	most	most	ADJ
cjal-9207	593	3	retail	retail	ADJ
cjal-9207	593	4	investors	investor	NOUN
cjal-9207	593	5	in	in	ADP
cjal-9207	593	6	the	the	DET
cjal-9207	593	7	domestic	domestic	ADJ
cjal-9207	593	8	capital	capital	NOUN
cjal-9207	593	9	markets	market	NOUN
cjal-9207	593	10	manage	manage	VERB
cjal-9207	593	11	~heir	~heir	NUM
cjal-9207	593	12	equity	equity	NOUN
cjal-9207	593	13	investments	investment	NOUN
cjal-9207	593	14	individually	individually	ADV
cjal-9207	593	15	,	,	PUNCT
cjal-9207	593	16	and	and	CCONJ
cjal-9207	593	17	not	not	PART
cjal-9207	593	18	through	through	ADP
cjal-9207	593	19	institutional	institutional	ADJ
cjal-9207	593	20	mvestor	mvestor	NOUN
cjal-9207	593	21	accounts	account	NOUN
cjal-9207	593	22	.	.	PUNCT
cjal-9207	594	1	99	99	NUM
cjal-9207	594	2	institutional	institutional	ADJ
cjal-9207	594	3	investor	investor	NOUN
cjal-9207	594	4	services	service	NOUN
cjal-9207	594	5	are	be	AUX
cjal-9207	594	6	strictly	strictly	ADV
cjal-9207	594	7	•	•	ADJ
cjal-9207	594	8	00	00	PUNCT
cjal-9207	595	1	_	_	NUM
cjal-9207	595	2	alternati	alternati	VERB
cjal-9207	595	3	_	_	ADV
cjal-9207	595	4	vely	vely	ADV
cjal-9207	595	5	,	,	PUNCT
cjal-9207	595	6	shareholder	shareholder	NOUN
cjal-9207	595	7	approval	approval	NOUN
cjal-9207	595	8	is	be	AUX
cjal-9207	595	9	considered	consider	VERB
cjal-9207	595	10	granted	grant	VERB
cjal-9207	595	11	tf	tf	PRON
cjal-9207	595	12	the	the	DET
cjal-9207	595	13	total	total	NOUN
cjal-9207	595	14	of	of	ADP
cjal-9207	595	15	objecnng	objecnng	NOUN
cjal-9207	595	16	:	:	PUNCT
cjal-9207	596	1	no	no	PRON
cjal-9207	596	2	~	~	PUNCT
cjal-9207	596	3	ty	ty	NUM
cjal-9207	596	4	votes	vote	NOUN
cjal-9207	596	5	ts	ts	ADP
cjal-9207	596	6	lower	low	ADJ
cjal-9207	596	7	_	_	NOUN
cjal-9207	596	8	than	than	ADP
cjal-9207	596	9	2%_of	2%_of	NUM
cjal-9207	596	10	_	_	NOUN
cjal-9207	596	11	the	the	DET
cjal-9207	596	12	total	total	ADJ
cjal-9207	596	13	voting	voting	NOUN
cjal-9207	596	14	rights	right	NOUN
cjal-9207	596	15	of	of	ADP
cjal-9207	596	16	the	the	DET
cjal-9207	596	17	company	company	NOUN
cjal-9207	596	18	.	.	PUNCT
cjal-9207	597	1	either	either	DET
cjal-9207	597	2	way	way	NOUN
cjal-9207	597	3	,	,	PUNCT
cjal-9207	597	4	the	the	DET
cjal-9207	597	5	nority	nority	NOUN
cjal-9207	597	6	approval	approval	NOUN
cjal-9207	597	7	reqwrement	reqwrement	NOUN
cjal-9207	597	8	is	be	AUX
cjal-9207	597	9	in	in	ADP
cjal-9207	597	10	addition	addition	NOUN
cjal-9207	597	11	to	to	ADP
cjal-9207	597	12	an	an	DET
cjal-9207	597	13	approval	approval	NOUN
cjal-9207	597	14	by	by	ADP
cjal-9207	597	15	a	a	DET
cjal-9207	597	16	supen,-	supen,-	NOUN
cjal-9207	597	17	.	.	PUNCT
cjal-9207	598	1	,	,	PUNCT
cjal-9207	598	2	n	n	PROPN
cjal-9207	598	3	committee	committee	NOUN
cjal-9207	598	4	~ind	~ind	NUM
cjal-9207	598	5	by	by	ADP
cjal-9207	598	6	the	the	DET
cjal-9207	598	7	board	board	NOUN
cjal-9207	598	8	of	of	ADP
cjal-9207	598	9	directors	director	NOUN
cjal-9207	598	10	.	.	PUNCT
cjal-9207	599	1	see	see	VERB
cjal-9207	599	2	company	company	NOUN
cjal-9207	599	3	law	law	NOUN
cjal-9207	599	4	5	5	NUM
cjal-9207	599	5	7	7	NUM
cjal-9207	599	6	59	59	NUM
cjal-9207	599	7	-	-	PUNCT
cjal-9207	599	8	1999	1999	NUM
cjal-9207	599	9	§	§	PROPN
cjal-9207	599	10	275(a	275(a	PROPN
cjal-9207	599	11	)	)	PUNCT
cjal-9207	599	12	l	l	NOUN
cjal-9207	599	13	lsi	lsi	PROPN
cjal-9207	599	14	11	11	NUM
cjal-9207	599	15	(	(	PUNCT
cjal-9207	599	16	hr	hr	NOUN
cjal-9207	599	17	)	)	PUNCT
cjal-9207	599	18	the	the	DET
cjal-9207	599	19	nterpr	nterpr	PROPN
cjal-9207	599	20	etatto	etatto	PROPN
cjal-9207	599	21	n	n	CCONJ
cjal-9207	599	22	"	"	PUNCT
cjal-9207	599	23	chapter	chapter	NOUN
cjal-9207	599	24	in	in	ADP
cjal-9207	599	25	the	the	PRON
cjal-9207	599	26	i	i	PROPN
cjal-9207	599	27	li	li	PROPN
cjal-9207	599	28	co	co	PROPN
cjal-9207	599	29	•	•	PROPN
cjal-9207	599	30	•	•	NOUN
cjal-9207	599	31	'	'	PUNCT
cjal-9207	599	32	'	'	PUNCT
cjal-9207	599	33	~	~	PUNCT
cjal-9207	599	34	•	•	X
cjal-9207	599	35	·	·	PUNCT
cjal-9207	599	36	·	·	PUNCT
cjal-9207	600	1	•	•	NUM
cjal-9207	600	2	"	"	PUNCT
cjal-9207	600	3	a	a	DET
cjal-9207	600	4	transact	transact	NOUN
cjal-9207	600	5	·	·	SYM
cjal-9207	600	6	t	t	NOUN
cjal-9207	600	7	·	·	PUNCT
cjal-9207	600	8	srae	srae	NOUN
cjal-9207	600	9	mpany	mpany	ADJ
cjal-9207	600	10	law	law	NOUN
cjal-9207	600	11	defines	define	VERB
cjal-9207	600	12	an	an	DET
cjal-9207	600	13	mextraordman	mextraordman	NOUN
cjal-9207	600	14	·	·	PUNCT
cjal-9207	600	15	transaction	transaction	NOUN
cjal-9207	600	16	:	:	PUNCT
cjal-9207	600	17	ton	ton	NOUN
cjal-9207	601	1	no	no	INTJ
cjal-9207	601	2	m	m	ADV
cjal-9207	601	3	a	a	DET
cjal-9207	601	4	company	company	NOUN
cjal-9207	601	5	's	's	PART
cjal-9207	601	6	o	o	NOUN
cjal-9207	601	7	d	d	NOUN
cjal-9207	601	8	"	"	PUNCT
cjal-9207	601	9	·	·	PUNCT
cjal-9207	601	10	·	·	PUNCT
cjal-9207	601	11	undertaken	undertake	VERB
cjal-9207	601	12	in	in	ADP
cjal-9207	601	13	market	market	NOUN
cjal-9207	601	14	conditi	conditi	NOUN
cjal-9207	601	15	r	r	PROPN
cjal-9207	601	16	mary	mary	PROPN
cjal-9207	601	17	co	co	PROPN
cjal-9207	601	18	~	~	PROPN
cjal-9207	601	19	se	se	X
cjal-9207	601	20	of	of	ADP
cjal-9207	601	21	bus1	bus1	PROPN
cjal-9207	601	22	~	~	SYM
cjal-9207	601	23	ess	ess	PROPN
cjal-9207	601	24	.	.	PUNCT
cjal-9207	602	1	a	a	DET
cjal-9207	602	2	tran!'lact1on	tran!'lact1on	PROPN
cjal-9207	602	3	that	that	PRON
cjal-9207	602	4	1s	1	VERB
cjal-9207	602	5	not	not	PART
cjal-9207	602	6	the	the	DET
cjal-9207	602	7	profitability	profitability	NOUN
cjal-9207	602	8	of	of	ADP
cjal-9207	602	9	~ns	~ns	PROPN
cjal-9207	602	10	or	or	CCONJ
cjal-9207	602	11	a	a	DET
cjal-9207	602	12	transaction	transaction	NOUN
cjal-9207	602	13	that	that	PRON
cjal-9207	602	14	is	be	AUX
cjal-9207	602	15	likely	likely	ADJ
cjal-9207	602	16	subi;tantiall	subi;tantiall	NOUN
cjal-9207	602	17	)	)	PUNCT
cjal-9207	602	18	to	to	PART
cjal-9207	602	19	influence	influence	NOUN
cjal-9207	602	20	.	.	PUNCT
cjal-9207	603	1	a	a	DET
cjal-9207	603	2	company	company	NOUN
cjal-9207	603	3	,	,	PUNCT
cjal-9207	603	4	its	its	PRON
cjal-9207	603	5	property	property	NOUN
cjal-9207	603	6	or	or	CCONJ
cjal-9207	603	7	liabilities	liability	NOUN
cjal-9207	603	8	.	.	PUNCT
cjal-9207	603	9	"	"	PUNCT
cjal-9207	604	1	i	i	PRON
cjal-9207	604	2	d	d	PROPN
cjal-9207	604	3	art	art	PROPN
cjal-9207	604	4	1	1	NUM
cjal-9207	604	5	:	:	PUNCT
cjal-9207	604	6	ha'.11	ha'.11	NOUN
cjal-9207	604	7	~	~	NOUN
cjal-9207	604	8	am	am	NOUN
cjal-9207	604	9	&	&	CCONJ
cjal-9207	604	10	yafeh	yafeh	NOUN
cjal-9207	604	11	,	,	PUNCT
cjal-9207	604	12	supra	supra	PROPN
cjal-9207	604	13	note	note	PROPN
cjal-9207	604	14	89	89	NUM
cjal-9207	604	15	,	,	PUNCT
cjal-9207	604	16	at	at	ADP
cjal-9207	604	17	696	696	NUM
cjal-9207	604	18	-	-	SYM
cjal-9207	604	19	700	700	NUM
cjal-9207	604	20	.	.	PUNCT
cjal-9207	604	21	.	.	PUNCT
cjal-9207	604	22	.	.	PUNCT
cjal-9207	604	23	.	.	PUNCT
cjal-9207	605	1	·	·	PUNCT
cjal-9207	605	2	a	a	DET
cjal-9207	605	3	sunilar	sunilar	ADJ
cjal-9207	605	4	move	move	NOUN
cjal-9207	605	5	was	be	AUX
cjal-9207	605	6	recommended	recommend	VERB
cjal-9207	605	7	b	b	DET
cjal-9207	605	8	hamd	hamd	ADJ
cjal-9207	605	9	.	.	PUNCT
cjal-9207	606	1	•	•	INTJ
cjal-9207	606	2	.	.	PUNCT
cjal-9207	607	1	_	_	PUNCT
cjal-9207	607	2	indeed	indeed	ADV
cjal-9207	607	3	,	,	PUNCT
cjal-9207	607	4	in	in	ADP
cjal-9207	607	5	a	a	DET
cjal-9207	607	6	novel	novel	ADJ
cjal-9207	607	7	step	step	NOUN
cjal-9207	607	8	,	,	PUNCT
cjal-9207	607	9	the	the	DET
cjal-9207	607	10	israeli	israeli	PROPN
cjal-9207	607	11	le	le	X
cjal-9207	607	12	.	.	PUNCT
cjal-9207	608	1	1	1	NUM
cjal-9207	608	2	y	y	PROPN
cjal-9207	608	3	am	be	AUX
cjal-9207	608	4	and	and	CCONJ
cjal-9207	608	5	'	'	PUNCT
cjal-9207	608	6	i	i	PRON
cjal-9207	608	7	:	:	PUNCT
cjal-9207	608	8	afeh	afeh	PROPN
cjal-9207	608	9	m	m	VERB
cjal-9207	608	10	their	their	PRON
cjal-9207	608	11	article	article	NOUN
cjal-9207	608	12	.	.	PUNCT
cjal-9207	609	1	i	i	PRON
cjal-9207	609	2	d.	d.	PROPN
cjal-9207	609	3	,	,	PUNCT
cjal-9207	609	4	at	at	ADP
cjal-9207	609	5	69a	69a	NOUN
cjal-9207	609	6	.	.	PUNCT
cjal-9207	610	1	of	of	ADP
cjal-9207	610	2	concentration	concentration	NOUN
cjal-9207	610	3	and	and	CCONJ
cjal-9207	610	4	increase	increase	NOUN
cjal-9207	610	5	of	of	ADP
cjal-9207	610	6	~;tor_h_as	~;tor_h_as	PUNCT
cjal-9207	610	7	~ecently	~ecently	ADV
cjal-9207	610	8	adopted	adopt	VERB
cjal-9207	610	9	mthe	mthe	ADJ
cjal-9207	610	10	law	law	NOUN
cjal-9207	610	11	for	for	ADP
cjal-9207	610	12	the	the	DET
cjal-9207	610	13	decrea!'l	decrea!'l	PROPN
cjal-9207	610	14	!	!	PROPN
cjal-9207	610	15	curtail	curtail	VERB
cjal-9207	610	16	the	the	DET
cjal-9207	610	17	excessive	excessive	ADJ
cjal-9207	610	18	clout	clout	NOUN
cjal-9207	610	19	of	of	ADP
cjal-9207	610	20	a	a	DET
cjal-9207	610	21	i	i	PROPN
cjal-9207	610	22	t	t	PROPN
cjal-9207	610	23	·	·	SYM
cjal-9207	610	24	1	1	NUM
cjal-9207	610	25	petition	petition	NOUN
cjal-9207	610	26	·	·	PUNCT
cjal-9207	610	27	it	it	PRON
cjal-9207	610	28	aims	aim	VERB
cjal-9207	610	29	to	to	PART
cjal-9207	610	30	strengthen	strengthen	VERB
cjal-9207	610	31	competinon	competinon	NOUN
cjal-9207	610	32	and	and	CCONJ
cjal-9207	610	33	economy	economy	NOUN
cjal-9207	610	34	by	by	ADP
cjal-9207	610	35	limiting	limit	VERB
cjal-9207	610	36	pyrami	pyrami	NOUN
cjal-9207	610	37	"	"	PUNCT
cjal-9207	610	38	d	d	X
cjal-9207	610	39	re	re	ADP
cjal-9207	610	40	a	a	DET
cjal-9207	610	41	i	i	X
cjal-9207	610	42	ve	ve	VERB
cjal-9207	610	43	y	y	NOUN
cjal-9207	610	44	small	small	ADJ
cjal-9207	610	45	number	number	NOUN
cjal-9207	610	46	of	of	ADP
cjal-9207	610	47	business	business	NOUN
cjal-9207	610	48	group	group	NOUN
cjal-9207	610	49	over	over	ADP
cjal-9207	610	50	the	the	DET
cjal-9207	610	51	isr	isr	NOUN
cjal-9207	610	52	.	.	PUNCT
cjal-9207	611	1	aeli	aeli	ADJ
cjal-9207	611	2	groups	group	NOUN
cjal-9207	611	3	to	to	ADP
cjal-9207	611	4	two	two	NUM
cjal-9207	611	5	h	h	NOUN
cjal-9207	611	6	i	i	PROPN
cjal-9207	611	7	d	d	PROPN
cjal-9207	611	8	ia	ia	PROPN
cjal-9207	611	9	f	f	PROPN
cjal-9207	611	10	financial	financial	ADJ
cjal-9207	611	11	institutions	institution	NOUN
cjal-9207	611	12	from	from	ADP
cjal-9207	611	13	non	non	PRON
cjal-9207	611	14	£	£	NOUN
cjal-9207	611	15	i	i	NOUN
cjal-9207	611	16	.	.	PUNCT
cjal-9207	612	1	1	1	NUM
cjal-9207	612	2	°	°	NUM
cjal-9207	612	3	mg	mg	PROPN
cjal-9207	612	4	yers	yer	NOUN
cjal-9207	612	5	and	and	CCONJ
cjal-9207	612	6	eparatmg	eparatmg	VERB
cjal-9207	612	7	ownership	ownership	NOUN
cjal-9207	612	8	o	o	NOUN
cjal-9207	612	9	,	,	PUNCT
cjal-9207	612	10	yew	yew	NOUN
cjal-9207	612	11	business	business	NOUN
cjal-9207	612	12	conce11tration	conce11tration	NOUN
cjal-9207	612	13	i.ai::t	i.ai::t	VERB
cjal-9207	612	14	:	:	PUNCT
cjal-9207	612	15	:	:	PUNCT
cjal-9207	612	16	:	:	PUNCT
cjal-9207	613	1	~rporattons	~rporatton	NOUN
cjal-9207	613	2	.	.	PUNCT
cjal-9207	614	1	~ee	~ee	NOUN
cjal-9207	614	2	ldo	ldo	VERB
cjal-9207	614	3	baum	baum	PROPN
cjal-9207	614	4	et	et	PROPN
cjal-9207	614	5	al	al	PROPN
cjal-9207	614	6	.	.	PROPN
cjal-9207	614	7	,	,	PUNCT
cjal-9207	614	8	ifhat	ifhat	PROPN
cjal-9207	614	9	ls	ls	PROPN
cjal-9207	614	10	israel	israel	PROPN
cjal-9207	614	11	's	's	PART
cjal-9207	614	12	http://www.haaretz	http://www.haaretz	PROPN
cjal-9207	614	13	com	com	PROPN
cjal-9207	614	14	/	/	SYM
cjal-9207	614	15	israel	israel	PROPN
cjal-9207	614	16	news	news	PROPN
cjal-9207	614	17	/	/	SYM
cjal-9207	614	18	b	b	PROPN
cjal-9207	614	19	.	.	PUNCT
cjal-9207	615	1	y	y	PROPN
cjal-9207	615	2	should	should	AUX
cjal-9207	615	3	h	h	ADJ
cjal-9207	615	4	-	-	PUNCT
cjal-9207	615	5	e	e	NOUN
cjal-9207	615	6	care	care	NOUN
cjal-9207	615	7	?	?	PUNCT
cjal-9207	615	8	,	,	PUNCT
cjal-9207	615	9	liaaretz	liaaretz	PROPN
cjal-9207	615	10	(	(	PUNCT
cjal-9207	615	11	dec	dec	PROPN
cjal-9207	615	12	.	.	PROPN
cjal-9207	615	13	29	29	NUM
cjal-9207	615	14	,	,	PUNCT
cjal-9207	615	15	2013	2013	NUM
cjal-9207	615	16	)	)	PUNCT
cjal-9207	615	17	,	,	PUNCT
cjal-9207	615	18	oo	oo	INTJ
cjal-9207	615	19	s	s	VERB
cjal-9207	615	20	shan	shan	ADJ
cjal-9207	615	21	·	·	PUNCT
cjal-9207	615	22	·	·	PUNCT
cjal-9207	616	1	usmess/1.565986	usmess/1.565986	PROPN
cjal-9207	616	2	.	.	PUNCT
cjal-9207	617	1	ee	ee	PROPN
cjal-9207	617	2	ghaj	ghaj	PROPN
cjal-9207	617	3	stock	stock	PROPN
cjal-9207	617	4	exchange	exchange	PROPN
cjal-9207	617	5	st	st	PROPN
cjal-9207	617	6	zhengquan	zhengquan	PROPN
cjal-9207	617	7	jiaoyisuo	jiaoyisuo	PROPN
cjal-9207	617	8	xinxi	xinxi	PROPN
cjal-9207	617	9	guanli	guanli	PROPN
cjal-9207	617	10	bu	bu	PROPN
cjal-9207	618	1	(	(	PUNCT
cjal-9207	618	2	.•	.•	PROPN
cjal-9207	618	3	,	,	PUNCT
cjal-9207	618	4	:	:	PUNCT
cjal-9207	618	5	!	!	PUNCT
cjal-9207	619	1	j	j	PROPN
cjal-9207	619	2	~:istics	~:istics	PROPN
cjal-9207	619	3	anxual	anxual	ADJ
cjal-9207	619	4	•175	•175	NOUN
cjal-9207	619	5	(	(	PUNCT
cjal-9207	619	6	2014	2014	NUM
cjal-9207	619	7	,	,	PUNCT
cjal-9207	619	8	,	,	PUNCT
cjal-9207	619	9	shenzhen	shenzhen	PROPN
cjal-9207	619	10	management	management	PROPN
cjal-9207	619	11	department	department	PROPN
cjal-9207	619	12	of	of	ADP
cjal-9207	619	13	shen	shen	PROPN
cjal-9207	619	14	1	1	NUM
cjal-9207	619	15	*	*	NOUN
cjal-9207	619	16	i	i	PRON
cjal-9207	619	17	tie	tie	VERB
cjal-9207	619	18	/ji	/ji	PRON
cjal-9207	619	19	f(!j	f(!j	NOUN
cjal-9207	619	20	.q	.q	PROPN
cjal-9207	619	21	.	.	PUNCT
cjal-9207	620	1	f	f	X
cjal-9207	621	1	~	~	PUNCT
cjal-9207	621	2	)	)	PUNCT
cjal-9207	622	1	[	[	X
cjal-9207	622	2	i:--for\l\tio:-	i:--for\l\tio:-	NOUN
cjal-9207	622	3	:	:	PUNCT
cjal-9207	622	4	ji!loyisuo	ji!loyisuo	PROPN
cjal-9207	622	5	shichang	shichang	PROPN
cjal-9207	622	6	tongji	tongji	PROPN
cjal-9207	622	7	nianjian	nianjian	ADJ
cjal-9207	622	8	(:	(:	VERB
cjal-9207	622	9	~~~it	~~~it	PRON
cjal-9207	622	10	~	~	NOUN
cjal-9207	622	11	ck	ck	DET
cjal-9207	622	12	excha	excha	NOUN
cjal-9207	622	13	.	.	PUNCT
cjal-9207	623	1	'\ge	'\ge	X
cjal-9207	623	2	)	)	PUNCT
cjal-9207	623	3	,	,	PUNCT
cjal-9207	623	4	shenzhen	shenzhen	PROPN
cjal-9207	623	5	zhengquan	zhengquan	PROPN
cjal-9207	623	6	exchange	exchange	PROPN
cjal-9207	623	7	fact	fact	NOUN
cjal-9207	623	8	book	book	NOUN
cjal-9207	623	9	)	)	PUNCT
cjal-9207	623	10	269	269	NUM
cjal-9207	623	11	(	(	PUNCT
cjal-9207	623	12	2013	2013	NUM
cjal-9207	623	13	)	)	PUNCT
cjal-9207	624	1	*	*	PUNCT
cjal-9207	624	2	h	h	NOUN
cjal-9207	624	3	.	.	PUNCT
cjal-9207	625	1	y.	y.	NOUN
cjal-9207	625	2	,	,	PUNCT
cjal-9207	625	3	in	in	ADP
cjal-9207	625	4	in~	in~	NOUN
cjal-9207	625	5	tit	tit	NOUN
cjal-9207	625	6	n	n	NOUN
cjal-9207	625	7	4	4	NUM
cjal-9207	625	8	'	'	NUM
cjal-9207	625	9	°	°	NUM
cjal-9207	625	10	£	£	NOUN
cjal-9207	625	11	)	)	PUNCT
cjal-9207	626	1	[	[	X
cjal-9207	626	2	she:--zhe	she:--zhe	NUM
cjal-9207	626	3	.	.	PUNCT
cjal-9207	626	4	'-stock	'-stock	NOUN
cjal-9207	626	5	710.pdf(reflecting	710.pdf(reflecte	VERB
cjal-9207	626	6	a	a	DET
cjal-9207	626	7	low	low	ADJ
cjal-9207	626	8	number	number	NOUN
cjal-9207	626	9	of•	of•	NOUN
cjal-9207	626	10	'	'	PART
cjal-9207	626	11	t·tt~.//www.szse.cn	t·tt~.//www.szse.cn	NOUN
cjal-9207	626	12	/	/	SYM
cjal-9207	626	13	upfiles	upfile	NOUN
cjal-9207	626	14	/	/	SYM
cjal-9207	626	15	largepdf/2.015031914.5	largepdf/2.015031914.5	PROPN
cjal-9207	626	16	.	.	PUNCT
cjal-9207	627	1	,	,	PUNCT
cjal-9207	627	2	ms	ms	PROPN
cjal-9207	627	3	1	1	NUM
cjal-9207	627	4	ut1onal	ut1onal	ADJ
cjal-9207	627	5	acco	acco	PROPN
cjal-9207	627	6	ts	ts	X
cjal-9207	627	7	.	.	PUNCT
cjal-9207	628	1	i	i	PRON
cjal-9207	628	2	)	)	PUNCT
cjal-9207	628	3	investors	investor	NOUN
cjal-9207	628	4	accounts	account	VERB
cjal-9207	628	5	in	in	ADP
cjal-9207	628	6	the	the	DET
cjal-9207	628	7	people	people	NOUN
cjal-9207	628	8	's	's	PART
cjal-9207	628	9	r	r	PROPN
cjal-9207	628	10	bli	bli	PROPN
cjal-9207	628	11	un	un	PROPN
cjal-9207	628	12	co.	co.	PROPN
cjal-9207	628	13	mpared	mpare	VERB
cjal-9207	628	14	to	to	ADP
cjal-9207	628	15	mdn'l.dual	mdn'l.dual	ADJ
cjal-9207	628	16	(	(	PUNCT
cjal-9207	628	17	reta1	reta1	NOUN
cjal-9207	628	18	epu	epu	PROPN
cjal-9207	628	19	c	c	PROPN
cjal-9207	628	20	of	of	ADP
cjal-9207	628	21	chin	chin	PROPN
cjal-9207	628	22	(	(	PUNCT
cjal-9207	628	23	o	o	NOUN
cjal-9207	628	24	46•	46•	NUM
cjal-9207	628	25	of	of	ADP
cjal-9207	628	26	total	total	ADJ
cjal-9207	628	27	stock	stock	NOUN
cjal-9207	628	28	exchanges	exchange	NOUN
cjal-9207	628	29	accounts	account	NOUN
cjal-9207	628	30	)	)	PUNCT
cjal-9207	628	31	.	.	PUNCT
cjal-9207	629	1	a	a	DET
cjal-9207	629	2	·	·	PUNCT
cjal-9207	629	3	¾i	¾i	VERB
cjal-9207	629	4	m	m	VERB
cjal-9207	629	5	sse	sse	NOUN
cjal-9207	629	6	and	and	CCONJ
cjal-9207	629	7	0.33	0.33	NUM
cjal-9207	629	8	%	%	NOUN
cjal-9207	629	9	m	m	NOUN
cjal-9207	629	10	szse	szse	NOUN
cjal-9207	629	11	,	,	PUNCT
cjal-9207	629	12	out	out	ADV
cjal-9207	629	13	2016	2016	NUM
cjal-9207	629	14	)	)	PUNCT
cjal-9207	629	15	minori	minori	NOUN
cjal-9207	629	16	ty	ty	ADP
cjal-9207	629	17	public	public	ADJ
cjal-9207	629	18	shareholders	shareholder	NOUN
cjal-9207	629	19	in	in	ADP
cjal-9207	629	20	china	china	PROPN
cjal-9207	629	21	29	29	NUM
cjal-9207	629	22	regimented	regiment	VERB
cjal-9207	629	23	,	,	PUNCT
cjal-9207	629	24	with	with	ADP
cjal-9207	629	25	limited	limited	ADJ
cjal-9207	629	26	investment	investment	NOUN
cjal-9207	629	27	choices	choice	NOUN
cjal-9207	629	28	.	.	PUNCT
cjal-9207	630	1	for	for	ADP
cjal-9207	630	2	example	example	NOUN
cjal-9207	630	3	,	,	PUNCT
cjal-9207	630	4	pension	pension	NOUN
cjal-9207	630	5	funds	fund	NOUN
cjal-9207	630	6	are	be	AUX
cjal-9207	630	7	funded	fund	VERB
cjal-9207	630	8	and	and	CCONJ
cjal-9207	630	9	managed	manage	VERB
cjal-9207	630	10	by	by	ADP
cjal-9207	630	11	local	local	ADJ
cjal-9207	630	12	-leve	-leve	NOUN
cjal-9207	630	13	l	l	NOUN
cjal-9207	630	14	provinc	provinc	NOUN
cjal-9207	630	15	ial	ial	ADJ
cjal-9207	630	16	and	and	CCONJ
cjal-9207	630	17	city	city	NOUN
cjal-9207	630	18	governments	government	NOUN
cjal-9207	630	19	and	and	CCONJ
cjal-9207	630	20	until	until	SCONJ
cjal-9207	630	21	very	very	ADV
cjal-9207	630	22	recently	recently	ADV
cjal-9207	630	23	could	could	AUX
cjal-9207	630	24	only	only	ADV
cjal-9207	630	25	invest	invest	VERB
cjal-9207	630	26	in	in	ADP
cjal-9207	630	27	national	national	ADJ
cjal-9207	630	28	treasury	treasury	NOUN
cjal-9207	630	29	bonds	bond	NOUN
cjal-9207	630	30	and	and	CCONJ
cjal-9207	630	31	deposits	deposit	NOUN
cjal-9207	630	32	.	.	PUNCT
cjal-9207	631	1	100	100	NUM
cjal-9207	631	2	similar	similar	ADJ
cjal-9207	631	3	investment	investment	NOUN
cjal-9207	631	4	limitations	limitation	NOUN
cjal-9207	631	5	apply	apply	VERB
cjal-9207	631	6	to	to	ADP
cjal-9207	631	7	the	the	DET
cjal-9207	631	8	prc	prc	PROPN
cjal-9207	631	9	's	's	PART
cjal-9207	631	10	national	national	ADJ
cjal-9207	631	11	social	social	ADJ
cjal-9207	631	12	security	security	NOUN
cjal-9207	631	13	fund	fund	NOUN
cjal-9207	631	14	,	,	PUNCT
cjal-9207	631	15	which	which	PRON
cjal-9207	631	16	functions	function	NOUN
cjal-9207	631	17	as	as	ADP
cjal-9207	631	18	the	the	DET
cjal-9207	631	19	central	central	ADJ
cjal-9207	631	20	government	government	NOUN
cjal-9207	631	21	's	's	PART
cjal-9207	631	22	social	social	ADJ
cjal-9207	631	23	security	security	NOUN
cjal-9207	631	24	reserve	reserve	NOUN
cjal-9207	631	25	fund	fund	NOUN
cjal-9207	631	26	.	.	PUNCT
cjal-9207	632	1	101	101	NUM
cjal-9207	632	2	as	as	ADP
cjal-9207	632	3	for	for	ADP
cjal-9207	632	4	mutual	mutual	ADJ
cjal-9207	632	5	funds	fund	NOUN
cjal-9207	632	6	,	,	PUNCT
cjal-9207	632	7	in	in	ADP
cjal-9207	632	8	recent	recent	ADJ
cjal-9207	632	9	years	year	NOUN
cjal-9207	632	10	there	there	PRON
cjal-9207	632	11	been	be	VERB
cjal-9207	632	12	a	a	DET
cjal-9207	632	13	large	large	ADJ
cjal-9207	632	14	increase	increase	NOUN
cjal-9207	632	15	in	in	ADP
cjal-9207	632	16	the	the	DET
cjal-9207	632	17	number	number	NOUN
cjal-9207	632	18	of	of	ADP
cjal-9207	632	19	mutual	mutual	ADJ
cjal-9207	632	20	fund	fund	NOUN
cjal-9207	632	21	investors	investor	NOUN
cjal-9207	632	22	and	and	CCONJ
cjal-9207	632	23	the	the	DET
cjal-9207	632	24	total	total	ADJ
cjal-9207	632	25	scope	scope	NOUN
cjal-9207	632	26	of	of	ADP
cjal-9207	632	27	their	their	PRON
cjal-9207	632	28	equity	equity	NOUN
cjal-9207	632	29	investments	investment	NOUN
cjal-9207	632	30	.	.	PUNCT
cjal-9207	633	1	in	in	ADP
cjal-9207	633	2	2012	2012	NUM
cjal-9207	633	3	,	,	PUNCT
cjal-9207	633	4	7	7	NUM
cjal-9207	633	5	.6	.6	NUM
cjal-9207	633	6	%	%	NOUN
cjal-9207	633	7	of	of	ADP
cjal-9207	633	8	all	all	DET
cjal-9207	633	9	shares	share	NOUN
cjal-9207	633	10	were	be	AUX
cjal-9207	633	11	held	hold	VERB
cjal-9207	633	12	by	by	ADP
cjal-9207	633	13	mutual	mutual	ADJ
cjal-9207	633	14	funds	fund	NOUN
cjal-9207	633	15	.	.	PUNCT
cjal-9207	634	1	yet	yet	ADV
cjal-9207	634	2	,	,	PUNCT
cjal-9207	634	3	at	at	ADP
cjal-9207	634	4	the	the	DET
cjal-9207	634	5	firm	firm	ADJ
cjal-9207	634	6	level	level	NOUN
cjal-9207	634	7	their	their	PRON
cjal-9207	634	8	holdings	holding	NOUN
cjal-9207	634	9	are	be	AUX
cjal-9207	634	10	marginal	marginal	ADJ
cjal-9207	634	11	,	,	PUNCT
cjal-9207	634	12	e.g.	e.g.	ADV
cjal-9207	634	13	,	,	PUNCT
cjal-9207	634	14	for	for	ADP
cjal-9207	634	15	2011	2011	NUM
cjal-9207	634	16	mutual	mutual	ADJ
cjal-9207	634	17	funds	fund	NOUN
cjal-9207	634	18	held	hold	VERB
cjal-9207	634	19	a	a	DET
cjal-9207	634	20	median	median	NOUN
cjal-9207	634	21	of	of	ADP
cjal-9207	634	22	0.067	0.067	NUM
cjal-9207	634	23	%	%	NOUN
cjal-9207	634	24	in	in	ADP
cjal-9207	634	25	firms	firm	NOUN
cjal-9207	634	26	.	.	PUNCT
cjal-9207	635	1	102	102	NUM
cjal-9207	635	2	scho	scho	PROPN
cjal-9207	635	3	lars	lars	PROPN
cjal-9207	635	4	noted	note	VERB
cjal-9207	635	5	a	a	DET
cjal-9207	635	6	short	short	ADJ
cjal-9207	635	7	-	-	PUNCT
cjal-9207	635	8	term	term	NOUN
cjal-9207	635	9	investment	investment	NOUN
cjal-9207	635	10	horizon	horizon	NOUN
cjal-9207	635	11	as	as	ADP
cjal-9207	635	12	one	one	NUM
cjal-9207	635	13	implication	implication	NOUN
cjal-9207	635	14	of	of	ADP
cjal-9207	635	15	institutional	institutional	ADJ
cjal-9207	635	16	investors	investor	NOUN
cjal-9207	635	17	'	'	PART
cjal-9207	635	18	firm	firm	ADJ
cjal-9207	635	19	level	level	NOUN
cjal-9207	635	20	small	small	ADJ
cjal-9207	635	21	holding	holding	NOUN
cjal-9207	635	22	scope	scope	NOUN
cjal-9207	635	23	(	(	PUNCT
cjal-9207	635	24	and	and	CCONJ
cjal-9207	635	25	consequent	consequent	ADJ
cjal-9207	635	26	lack	lack	NOUN
cjal-9207	635	27	of	of	ADP
cjal-9207	635	28	influence	influence	NOUN
cjal-9207	635	29	)	)	PUNCT
cjal-9207	635	30	.	.	PUNCT
cjal-9207	636	1	103	103	NUM
cjal-9207	636	2	nevertheless	nevertheless	ADV
cjal-9207	636	3	,	,	PUNCT
cjal-9207	636	4	there	there	PRON
cjal-9207	636	5	is	be	VERB
cjal-9207	636	6	no	no	DET
cjal-9207	636	7	doubt	doubt	NOUN
cjal-9207	636	8	that	that	SCONJ
cjal-9207	636	9	the	the	DET
cjal-9207	636	10	institutional	institutional	ADJ
cjal-9207	636	11	investment	investment	NOUN
cjal-9207	636	12	industry	industry	NOUN
cjal-9207	636	13	in	in	ADP
cjal-9207	636	14	china	china	PROPN
cjal-9207	636	15	is	be	AUX
cjal-9207	636	16	growing	grow	VERB
cjal-9207	636	17	.	.	PUNCT
cjal-9207	637	1	this	this	PRON
cjal-9207	637	2	should	should	AUX
cjal-9207	637	3	remain	remain	VERB
cjal-9207	637	4	true	true	ADJ
cjal-9207	637	5	especially	especially	ADV
cjal-9207	637	6	after	after	ADP
cjal-9207	637	7	the	the	DET
cjal-9207	637	8	2015	2015	NUM
cjal-9207	637	9	and	and	CCONJ
cjal-9207	637	10	2016	2016	NUM
cjal-9207	637	11	stock	stock	NOUN
cjal-9207	637	12	market	market	NOUN
cjal-9207	637	13	collapses	collapse	VERB
cjal-9207	637	14	,	,	PUNCT
cjal-9207	637	15	and	and	CCONJ
cjal-9207	637	16	in	in	ADP
cjal-9207	637	17	light	light	NOUN
cjal-9207	637	18	of	of	ADP
cjal-9207	637	19	recent	recent	ADJ
cjal-9207	637	20	administrative	administrative	ADJ
cjal-9207	637	21	regu	regu	NOUN
cjal-9207	637	22	lations	lation	NOUN
cjal-9207	637	23	issued	issue	VERB
cjal-9207	637	24	by	by	ADP
cjal-9207	637	25	the	the	DET
cjal-9207	637	26	state	state	PROPN
cjal-9207	637	27	council	council	PROPN
cjal-9207	637	28	in	in	ADP
cjal-9207	637	29	august	august	PROPN
cjal-9207	637	30	2015	2015	NUM
cjal-9207	637	31	,	,	PUNCT
cjal-9207	637	32	which	which	PRON
cjal-9207	637	33	allowed	allow	VERB
cjal-9207	637	34	pension	pension	NOUN
cjal-9207	637	35	funds	fund	NOUN
cjal-9207	637	36	to	to	PART
cjal-9207	637	37	invest	invest	VERB
cjal-9207	637	38	up	up	ADP
cjal-9207	637	39	to	to	PART
cjal-9207	637	40	30	30	NUM
cjal-9207	637	41	percent	percent	NOUN
cjal-9207	637	42	of	of	ADP
cjal-9207	637	43	their	their	PRON
cjal-9207	637	44	net	net	ADJ
cjal-9207	637	45	assets	asset	NOUN
cjal-9207	637	46	in	in	ADP
cjal-9207	637	47	domestic	domestic	ADJ
cjal-9207	637	48	equities.104	equities.104	NOUN
cjal-9207	637	49	an	an	DET
cjal-9207	637	50	additional	additional	ADJ
cjal-9207	637	51	impediment	impediment	NOUN
cjal-9207	637	52	is	be	AUX
cjal-9207	637	53	related	relate	VERB
cjal-9207	637	54	to	to	ADP
cjal-9207	637	55	concerns	concern	NOUN
cjal-9207	637	56	regarding	regard	VERB
cjal-9207	637	57	the	the	DET
cjal-9207	637	58	competency	competency	NOUN
cjal-9207	637	59	of	of	ADP
cjal-9207	637	60	institutional	institutional	ADJ
cjal-9207	637	61	investors	investor	NOUN
cjal-9207	637	62	-	-	PUNCT
cjal-9207	637	63	a	a	DET
cjal-9207	637	64	re	re	X
cjal-9207	637	65	latively	latively	ADV
cjal-9207	637	66	young	young	ADJ
cjal-9207	637	67	industry	industry	NOUN
cjal-9207	637	68	in	in	ADP
cjal-9207	637	69	the	the	DET
cjal-9207	637	70	prc	prc	PROPN
cjal-9207	637	71	,	,	PUNCT
cjal-9207	637	72	such	such	ADJ
cjal-9207	637	73	that	that	SCONJ
cjal-9207	637	74	institutional	institutional	ADJ
cjal-9207	637	75	investors	investor	NOUN
cjal-9207	637	76	in	in	ADP
cjal-9207	637	77	china	china	PROPN
cjal-9207	637	78	are	be	AUX
cjal-9207	637	79	simply	simply	ADV
cjal-9207	637	80	not	not	PART
cjal-9207	637	81	skilled	skilled	ADJ
cjal-9207	637	82	enough	enough	ADV
cjal-9207	637	83	to	to	PART
cjal-9207	637	84	have	have	VERB
cjal-9207	637	85	a	a	DET
cjal-9207	637	86	meaningful	meaningful	ADJ
cjal-9207	637	87	disciplinary	disciplinary	ADJ
cjal-9207	637	88	effect	effect	NOUN
cjal-9207	637	89	on	on	ADP
cjal-9207	637	90	managerial	managerial	ADJ
cjal-9207	637	91	power	power	NOUN
cjal-9207	637	92	.	.	PUNCT
cjal-9207	638	1	105	105	NUM
cjal-9207	639	1	it	it	PRON
cjal-9207	639	2	was	be	AUX
cjal-9207	639	3	expected	expect	VERB
cjal-9207	639	4	that	that	SCONJ
cjal-9207	639	5	the	the	DET
cjal-9207	639	6	qualified	qualified	ADJ
cjal-9207	639	7	foreign	foreign	ADJ
cjal-9207	639	8	institutional	institutional	ADJ
cjal-9207	639	9	investors	investor	NOUN
cjal-9207	639	10	joo	joo	PROPN
cjal-9207	639	11	see	see	VERB
cjal-9207	639	12	robert	robert	PROPN
cjal-9207	639	13	c.	c.	PROPN
cjal-9207	639	14	pozen	pozen	PROPN
cjal-9207	639	15	,	,	PUNCT
cjal-9207	639	16	tackling	tackle	VERB
cjal-9207	639	17	the	the	DET
cjal-9207	639	18	chinese	chinese	ADJ
cjal-9207	639	19	pension	pension	NOUN
cjal-9207	639	20	system	system	NOUN
cjal-9207	639	21	3	3	NUM
cjal-9207	639	22	-	-	SYM
cjal-9207	639	23	6	6	NUM
cjal-9207	639	24	,	,	PUNCT
cjal-9207	639	25	8	8	NUM
cjal-9207	639	26	(	(	PUNCT
cjal-9207	639	27	2013	2013	NUM
cjal-9207	639	28	)	)	PUNCT
cjal-9207	639	29	,	,	PUNCT
cjal-9207	639	30	http://www.tandemsites.com/paulson/website/wp-content/uploads/20	http://www.tandemsites.com/paulson/website/wp-content/uploads/20	PROPN
cjal-9207	639	31	15/04	15/04	NUM
cjal-9207	639	32	/	/	SYM
cjal-9207	639	33	china	china	PROPN
cjal-9207	639	34	-	-	PUNCT
cjal-9207	639	35	pensions	pension	NOUN
cjal-9207	639	36	_	_	PUNCT
cjal-9207	639	37	pozen_englis	pozen_engli	VERB
cjal-9207	639	38	h_final	h_final	ADJ
cjal-9207	639	39	.pdf	.pdf	NOUN
cjal-9207	639	40	.	.	PUNCT
cjal-9207	640	1	in	in	ADP
cjal-9207	640	2	s	s	PART
cjal-9207	640	3	urance	urance	NOUN
cjal-9207	640	4	funds	fund	NOUN
cjal-9207	640	5	and	and	CCONJ
cjal-9207	640	6	mutual	mutual	ADJ
cjal-9207	640	7	funds	fund	NOUN
cjal-9207	640	8	have	have	VERB
cjal-9207	640	9	other	other	ADJ
cjal-9207	640	10	restrictions	restriction	NOUN
cjal-9207	640	11	.	.	PUNCT
cjal-9207	641	1	see	see	VERB
cjal-9207	641	2	cha	cha	PRON
cjal-9207	642	1	o	o	X
cjal-9207	642	2	xi	xi	PROPN
cjal-9207	642	3	,	,	PUNCT
cjal-9207	642	4	institutional	institutional	ADJ
cjal-9207	642	5	shareholder	shareholder	NOUN
cjal-9207	642	6	activism	activism	NOUN
cjal-9207	642	7	in	in	ADP
cjal-9207	642	8	china	china	PROPN
cjal-9207	642	9	:	:	PUNCT
cjal-9207	642	10	law	law	NOUN
cjal-9207	642	11	and	and	CCONJ
cjal-9207	642	12	practice	practice	NOUN
cjal-9207	642	13	,	,	PUNCT
cjal-9207	642	14	17	17	NUM
cjal-9207	642	15	int'l	int'l	PROPN
cjal-9207	642	16	co.	co.	PROPN
cjal-9207	642	17	&	&	CCONJ
cjal-9207	642	18	com	com	PROPN
cjal-9207	642	19	.	.	PROPN
cjal-9207	642	20	l.	l.	PROPN
cjal-9207	642	21	rev	rev	PROPN
cjal-9207	642	22	.	.	PROPN
cjal-9207	642	23	251	251	NUM
cjal-9207	642	24	,	,	PUNCT
cjal-9207	642	25	252	252	NUM
cjal-9207	642	26	(	(	PUNCT
cjal-9207	642	27	2006	2006	NUM
cjal-9207	642	28	)	)	PUNCT
cjal-9207	642	29	.	.	PUNCT
cjal-9207	643	1	however	however	ADV
cjal-9207	643	2	,	,	PUNCT
cjal-9207	643	3	in	in	ADP
cjal-9207	643	4	august	august	PROPN
cjal-9207	643	5	2015	2015	NUM
cjal-9207	643	6	,	,	PUNCT
cjal-9207	643	7	new	new	ADJ
cjal-9207	643	8	administrative	administrative	ADJ
cjal-9207	643	9	rules	rule	NOUN
cjal-9207	643	10	were	be	AUX
cjal-9207	643	11	enac	enac	ADV
cjal-9207	643	12	ted	te	VERB
cjal-9207	643	13	by	by	ADP
cjal-9207	643	14	the	the	DET
cjal-9207	643	15	state	state	PROPN
cjal-9207	643	16	council	council	PROPN
cjal-9207	643	17	to	to	PART
cjal-9207	643	18	allow	allow	VERB
cjal-9207	643	19	pension	pension	NOUN
cjal-9207	643	20	funds	fund	NOUN
cjal-9207	643	21	to	to	PART
cjal-9207	643	22	invest	invest	VERB
cjal-9207	643	23	in	in	ADP
cjal-9207	643	24	equity	equity	NOUN
cjal-9207	643	25	securities	security	NOUN
cjal-9207	643	26	:	:	PUNCT
cjal-9207	643	27	see	see	VERB
cjal-9207	643	28	,	,	PUNCT
cjal-9207	643	29	guowuyuan	guowuyuan	PROPN
cjal-9207	643	30	guanyu	guanyu	PROPN
cjal-9207	643	31	yinfa	yinfa	PROPN
cjal-9207	643	32	jiben	jiben	PROPN
cjal-9207	643	33	yanglao	yanglao	PROPN
cjal-9207	643	34	baoxian	baoxian	PROPN
cjal-9207	643	35	jijin	jijin	PROPN
cjal-9207	643	36	touzi	touzi	PROPN
cjal-9207	643	37	guanli	guanli	PROPN
cjal-9207	643	38	banfa	banfa	PROPN
cjal-9207	643	39	de	de	PROPN
cjal-9207	643	40	tongzhi	tongzhi	PROPN
cjal-9207	643	41	(	(	PUNCT
cjal-9207	643	42	guofa	guofa	X
cjal-9207	643	43	(	(	PUNCT
cjal-9207	643	44	2015	2015	NUM
cjal-9207	643	45	)	)	PUNCT
cjal-9207	643	46	48	48	NUM
cjal-9207	643	47	hao	hao	PROPN
cjal-9207	643	48	)	)	PUNCT
cjal-9207	644	1	(	(	PUNCT
cjal-9207	644	2	oo~~~-'ffflt	oo~~~-'ffflt	NOUN
cjal-9207	644	3	,	,	PUNCT
cjal-9207	644	4	t!i!i;;!l	t!i!i;;!l	NUM
cjal-9207	644	5	:	:	PUNCT
cjal-9207	644	6	ijf	ijf	PROPN
cjal-9207	644	7	~	~	PUNCT
cjal-9207	644	8	f,'ild	f,'ild	ADJ
cjal-9207	644	9	~	~	SYM
cjal-9207	644	10	il!:~tli~'m'mtj/.1	il!:~tli~'m'mtj/.1	PROPN
cjal-9207	644	11	-	-	PUNCT
cjal-9207	644	12	i'!l't	i'!l't	NOUN
cjal-9207	644	13	-	-	NOUN
cjal-9207	644	14	jjm~	jjm~	NOUN
cjal-9207	644	15	(	(	PUNCT
cjal-9207	644	16	i;ii11jt	i;ii11jt	PROPN
cjal-9207	644	17	(	(	PUNCT
cjal-9207	644	18	2015	2015	NUM
cjal-9207	644	19	)	)	PUNCT
cjal-9207	644	20	48	48	NUM
cjal-9207	644	21	ji	ji	NOUN
cjal-9207	644	22	}	}	PUNCT
cjal-9207	644	23	)	)	PUNCT
cjal-9207	644	24	)	)	PUNCT
cjal-9207	645	1	[	[	X
cjal-9207	645	2	state	state	NOUN
cjal-9207	645	3	council	council	NOUN
cjal-9207	645	4	administrative	administrative	ADJ
cjal-9207	645	5	measures	measure	NOUN
cjal-9207	645	6	for	for	ADP
cjal-9207	645	7	investment	investment	NOUN
cjal-9207	645	8	management	management	NOUN
cjal-9207	645	9	of	of	ADP
cjal-9207	645	10	pension	pension	NOUN
cjal-9207	645	11	funds'1	funds'1	PROPN
cjal-9207	645	12	,	,	PUNCT
cjal-9207	645	13	guowu	guowu	NOUN
cjal-9207	645	14	yuan	yuan	PROPN
cjal-9207	645	15	(	(	PUNCT
cjal-9207	645	16	ii~~	ii~~	PROPN
cjal-9207	645	17	)	)	PUNCT
cjal-9207	645	18	.	.	PUNCT
cjal-9207	646	1	state	state	PROPN
cjal-9207	646	2	council	council	PROPN
cjal-9207	646	3	(	(	PUNCT
cjal-9207	646	4	august	august	PROPN
cjal-9207	646	5	17	17	NUM
cjal-9207	646	6	,	,	PUNCT
cjal-9207	646	7	2015	2015	NUM
cjal-9207	646	8	)	)	PUNCT
cjal-9207	646	9	,	,	PUNCT
cjal-9207	646	10	http://www.gov.cn/zheng	http://www.gov.cn/zheng	PROPN
cjal-9207	646	11	ce	ce	PROPN
cjal-9207	646	12	/	/	SYM
cjal-9207	646	13	conten	conten	PROPN
cjal-9207	646	14	t/2015	t/2015	PROPN
cjal-9207	646	15	-	-	PUNCT
cjal-9207	646	16	08/23	08/23	NUM
cjal-9207	646	17	/content	/content	NOUN
cjal-9207	647	1	_	_	PUNCT
cjal-9207	648	1	lo	lo	NOUN
cjal-9207	649	1	115.htm	115.htm	NUM
cjal-9207	649	2	101	101	NUM
cjal-9207	649	3	information	information	NOUN
cjal-9207	649	4	about	about	ADP
cjal-9207	649	5	the	the	DET
cjal-9207	649	6	prc	prc	PROPN
cjal-9207	649	7	national	national	ADJ
cjal-9207	649	8	social	social	ADJ
cjal-9207	649	9	security	security	NOUN
cjal-9207	649	10	fund	fund	NOUN
cjal-9207	649	11	is	be	AUX
cjal-9207	649	12	available	available	ADJ
cjal-9207	649	13	on	on	ADP
cjal-9207	649	14	the	the	DET
cjal-9207	649	15	nssf	nssf	NOUN
cjal-9207	649	16	webs	webs	NOUN
cjal-9207	649	17	ite	ite	VERB
cjal-9207	649	18	about	about	ADP
cjal-9207	649	19	the	the	DET
cjal-9207	649	20	national	national	ADJ
cjal-9207	649	21	council	council	PROPN
cjal-9207	649	22	for	for	ADP
cjal-9207	649	23	social	social	ADJ
cjal-9207	649	24	security	security	NOUN
cjal-9207	649	25	fund	fund	NOUN
cjal-9207	649	26	,	,	PUNCT
cjal-9207	649	27	social	social	ADJ
cjal-9207	649	28	security	security	NOUN
cjal-9207	649	29	fund	fund	NOUN
cjal-9207	649	30	,	,	PUNCT
cjal-9207	650	1	http://www	http://www	PROPN
cjal-9207	650	2	.ssf.gov.cn	.ssf.gov.cn	PROPN
cjal-9207	650	3	/	/	SYM
cjal-9207	650	4	eng	eng	PROPN
cjal-9207	650	5	_	_	PUNCT
cjal-9207	651	1	jntroduction/201206/	jntroduction/201206/	ADJ
cjal-9207	652	1	t20120620	t20120620	NUM
cjal-9207	652	2	_	_	NOUN
cjal-9207	652	3	5603.html	5603.html	NUM
cjal-9207	652	4	#	#	NOUN
cjal-9207	652	5	(	(	PUNCT
cjal-9207	652	6	last	last	ADV
cjal-9207	652	7	visited	visit	VERB
cjal-9207	652	8	mar	mar	PROPN
cjal-9207	652	9	.	.	PROPN
cjal-9207	652	10	3	3	NUM
cjal-9207	652	11	,	,	PUNCT
cjal-9207	652	12	2017	2017	NUM
cjal-9207	652	13	)	)	PUNCT
cjal-9207	652	14	.	.	PUNCT
cjal-9207	653	1	102	102	NUM
cjal-9207	653	2	jiang	jiang	PROPN
cjal-9207	653	3	&	&	CCONJ
cjal-9207	653	4	kim	kim	PROPN
cjal-9207	653	5	,	,	PUNCT
cjal-9207	653	6	supra	supra	PROPN
cjal-9207	653	7	note	note	PROPN
cjal-9207	653	8	11	11	NUM
cjal-9207	653	9	,	,	PUNCT
cjal-9207	653	10	at	at	ADP
cjal-9207	653	11	197	197	NUM
cjal-9207	653	12	tbl.6	tbl.6	NUM
cjal-9207	653	13	,	,	PUNCT
cjal-9207	653	14	211	211	NUM
cjal-9207	653	15	.	.	PUNCT
cjal-9207	654	1	1oa	1oa	NOUN
cjal-9207	655	1	i	i	PRON
cjal-9207	655	2	d.	d.	PROPN
cjal-9207	655	3	,	,	PUNCT
cjal-9207	655	4	at	at	ADP
cjal-9207	655	5	211	211	NUM
cjal-9207	655	6	.	.	PUNCT
cjal-9207	656	1	(	(	PUNCT
cjal-9207	656	2	pointing	point	VERB
cjal-9207	656	3	to	to	ADP
cjal-9207	656	4	an	an	DET
cjal-9207	656	5	average	average	ADJ
cjal-9207	656	6	holding	hold	VERB
cjal-9207	656	7	period	period	NOUN
cjal-9207	656	8	of	of	ADP
cjal-9207	656	9	less	less	ADJ
cjal-9207	656	10	than	than	ADP
cjal-9207	656	11	six	six	NUM
cjal-9207	656	12	months	month	NOUN
cjal-9207	656	13	by	by	ADP
cjal-9207	656	14	mutual	mutual	ADJ
cjal-9207	656	15	funds	fund	NOUN
cjal-9207	656	16	in	in	ADP
cjal-9207	656	17	2011	2011	NUM
cjal-9207	656	18	)	)	PUNCT
cjal-9207	656	19	.	.	PUNCT
cjal-9207	657	1	10	10	NUM
cjal-9207	657	2	..	..	PUNCT
cjal-9207	657	3	see	see	VERB
cjal-9207	657	4	state	state	NOUN
cjal-9207	657	5	council	council	PROPN
cjal-9207	657	6	administrative	administrative	ADJ
cjal-9207	657	7	measures	measure	NOUN
cjal-9207	657	8	for	for	ADP
cjal-9207	657	9	investment	investment	NOUN
cjal-9207	657	10	management	management	NOUN
cjal-9207	657	11	of	of	ADP
cjal-9207	657	12	pension	pension	NOUN
cjal-9207	657	13	funds	fund	NOUN
cjal-9207	657	14	,	,	PUNCT
cjal-9207	657	15	supra	supra	NOUN
cjal-9207	657	16	not	not	PART
cjal-9207	657	17	e	e	PROPN
cjal-9207	657	18	100	100	NUM
cjal-9207	657	19	,	,	PUNCT
cjal-9207	657	20	art	art	NOUN
cjal-9207	657	21	.	.	PUNCT
cjal-9207	658	1	36	36	NUM
cjal-9207	658	2	&	&	CCONJ
cjal-9207	658	3	37	37	NUM
cjal-9207	658	4	.	.	PUNCT
cjal-9207	659	1	this	this	DET
cjal-9207	659	2	move	move	NOUN
cjal-9207	659	3	was	be	AUX
cjal-9207	659	4	said	say	VERB
cjal-9207	659	5	to	to	PART
cjal-9207	659	6	potentially	potentially	ADV
cjal-9207	659	7	contribute	contribute	VERB
cjal-9207	659	8	up	up	ADP
cjal-9207	659	9	to	to	PART
cjal-9207	659	10	rmb	rmb	VERB
cjal-9207	659	11	600	600	NUM
cjal-9207	659	12	billion	billion	NUM
cjal-9207	659	13	,	,	PUNCT
cjal-9207	659	14	managed	manage	VERB
cjal-9207	659	15	by	by	ADP
cjal-9207	659	16	prc	prc	PROPN
cjal-9207	659	17	pension	pension	NOUN
cjal-9207	659	18	fund	fund	NOUN
cjal-9207	659	19	,	,	PUNCT
cjal-9207	659	20	into	into	ADP
cjal-9207	659	21	the	the	DET
cjal-9207	659	22	prc	prc	PROPN
cjal-9207	659	23	domestic	domestic	ADJ
cjal-9207	659	24	stock	stock	NOUN
cjal-9207	659	25	markets	market	NOUN
cjal-9207	659	26	.	.	PUNCT
cjal-9207	660	1	see	see	VERB
cjal-9207	660	2	china	china	PROPN
cjal-9207	660	3	to	to	PART
cjal-9207	660	4	allow	allow	VERB
cjal-9207	660	5	pension	pension	NOUN
cjal-9207	660	6	fund	fund	NOUN
cjal-9207	660	7	s	s	VERB
cjal-9207	660	8	to	to	PART
cjal-9207	660	9	in	in	ADP
cjal-9207	660	10	uest	u	ADJ
cjal-9207	660	11	in	in	ADP
cjal-9207	660	12	stock	stock	NOUN
cjal-9207	660	13	market	market	NOUN
cjal-9207	660	14	for	for	ADP
cjal-9207	660	15	the	the	DET
cjal-9207	660	16	first	first	ADJ
cjal-9207	660	17	time	time	NOUN
cjal-9207	660	18	,	,	PUNCT
cjal-9207	660	19	the	the	DET
cjal-9207	660	20	guardian	guardian	NOUN
cjal-9207	660	21	,	,	PUNCT
cjal-9207	660	22	august	august	PROPN
cjal-9207	660	23	23	23	NUM
cjal-9207	660	24	,	,	PUNCT
cjal-9207	660	25	2015	2015	NUM
cjal-9207	660	26	,	,	PUNCT
cjal-9207	660	27	https://www.theguardian.com/world/2015/	https://www.theguardian.com/world/2015/	PROPN
cjal-9207	660	28	a	a	DET
cjal-9207	660	29	ug/23	ug/23	PROPN
cjal-9207	660	30	/	/	SYM
cjal-9207	660	31	china	china	PROPN
cjal-9207	660	32	-	-	PUNCT
cjal-9207	660	33	to	to	ADP
cjal-9207	660	34	-	-	PUNCT
cjal-9207	660	35	allow	allow	VERB
cjal-9207	660	36	-	-	PUNCT
cjal-9207	660	37	pension	pension	NOUN
cjal-9207	660	38	-fund	-fund	ADJ
cjal-9207	660	39	-	-	PUNCT
cjal-9207	660	40	toin	toin	NOUN
cjal-9207	660	41	vestin	vestin	NOUN
cjal-9207	660	42	-stockmarketforfirst	-stockmarketforfirst	PROPN
cjal-9207	660	43	-time	-time	NOUN
cjal-9207	660	44	.	.	PUNCT
cjal-9207	661	1	,	,	PUNCT
cjal-9207	661	2	os	os	PROPN
cjal-9207	661	3	yongbeom	yongbeom	PROPN
cjal-9207	661	4	kim	kim	PROPN
cjal-9207	661	5	et	et	PROPN
cjal-9207	661	6	al	al	PROPN
cjal-9207	661	7	.	.	PROPN
cjal-9207	661	8	,	,	PUNCT
cjal-9207	661	9	developing	develop	VERB
cjal-9207	661	10	institutional	institutional	ADJ
cjal-9207	661	11	investors	investor	NOUN
cjal-9207	661	12	in	in	ADP
cjal-9207	661	13	people	people	NOUN
cjal-9207	661	14	's	's	PART
cjal-9207	661	15	republic	republic	NOUN
cjal-9207	661	16	of	of	ADP
cjal-9207	661	17	china	china	PROPN
cjal-9207	661	18	,	,	PUNCT
cjal-9207	661	19	world	world	PROPN
cjal-9207	661	20	bank	bank	PROPN
cjal-9207	661	21	,	,	PUNCT
cjal-9207	661	22	http	http	CCONJ
cjal-9207	661	23	:	:	PUNCT
cjal-9207	661	24	//documents.worldbank.org	//documents.worldbank.org	ADJ
cjal-9207	661	25	/	/	SYM
cjal-9207	661	26	curated	curate	VERB
cjal-9207	661	27	/	/	SYM
cjal-9207	661	28	en/2804214687	en/2804214687	PROPN
cjal-9207	661	29	43976037	43976037	NUM
cjal-9207	661	30	/pd	/pd	SYM
cjal-9207	661	31	f/302480cha0develtitutiona!oinvestors.pdf	f/302480cha0develtitutiona!oinvestors.pdf	PROPN
cjal-9207	661	32	.	.	PUNCT
cjal-9207	662	1	for	for	ADP
cjal-9207	662	2	a	a	DET
cjal-9207	662	3	more	more	ADV
cjal-9207	662	4	recent	recent	ADJ
cjal-9207	662	5	and	and	CCONJ
cjal-9207	662	6	more	more	ADV
cjal-9207	662	7	positive	positive	ADJ
cjal-9207	662	8	analysis	analysis	NOUN
cjal-9207	662	9	of	of	ADP
cjal-9207	662	10	institutional	institutional	ADJ
cjal-9207	662	11	investors	investor	NOUN
cjal-9207	662	12	in	in	ADP
cjal-9207	662	13	china	china	PROPN
cjal-9207	662	14	,	,	PUNCT
cjal-9207	662	15	see	see	VERB
cjal-9207	662	16	.xi	.xi	PROPN
cjal-9207	662	17	,	,	PUNCT
cjal-9207	662	18	supra	supra	PROPN
cjal-9207	662	19	note	note	NOUN
cjal-9207	662	20	100	100	NUM
cjal-9207	662	21	.	.	SYM
cjal-9207	662	22	30	30	NUM
cjal-9207	662	23	columbia	columbia	PROPN
cjal-9207	662	24	j	j	PROPN
cjal-9207	662	25	ournal	ournal	ADJ
cjal-9207	662	26	of	of	ADP
cjal-9207	662	27	asia.\	asia.\	ADJ
cjal-9207	662	28	'	'	PUNCT
cjal-9207	662	29	law	law	NOUN
cjal-9207	663	1	[	[	X
cjal-9207	663	2	vol	vol	NOUN
cjal-9207	663	3	.	.	PUNCT
cjal-9207	664	1	30:1	30:1	NUM
cjal-9207	664	2	(	(	PUNCT
cjal-9207	664	3	qfii)l06	qfii)l06	PROPN
cjal-9207	664	4	program	program	NOUN
cjal-9207	664	5	would	would	AUX
cjal-9207	664	6	bring	bring	VERB
cjal-9207	664	7	experience	experience	NOUN
cjal-9207	664	8	and	and	CCONJ
cjal-9207	664	9	professional	professional	ADJ
cjal-9207	664	10	i	i	PROPN
cjal-9207	664	11	-	-	PUNCT
cjal-9207	664	12	kill~	kill~	PROPN
cjal-9207	664	13	that	that	PRON
cjal-9207	664	14	will	will	AUX
cjal-9207	664	15	influence	influence	VERB
cjal-9207	664	16	the	the	DET
cjal-9207	664	17	quality	quality	NOUN
cjal-9207	664	18	of	of	ADP
cjal-9207	664	19	dom	dom	NOUN
cjal-9207	664	20	estic	estic	ADJ
cjal-9207	664	21	institutional	institutional	ADJ
cjal-9207	664	22	investors	investor	NOUN
cjal-9207	664	23	and	and	CCONJ
cjal-9207	664	24	their	their	PRON
cjal-9207	664	25	m8	m8	NOUN
cjal-9207	664	26	:	:	PUNCT
cjal-9207	664	27	ket	ket	PROPN
cjal-9207	664	28	involvementl	involvementl	PROPN
cjal-9207	664	29	eve	eve	VERB
cjal-9207	664	30	ls.107the	ls.107the	DET
cjal-9207	664	31	educational	educational	ADJ
cjal-9207	664	32	value	value	NOUN
cjal-9207	664	33	ofqfiis	ofqfiis	NOUN
cjal-9207	664	34	,	,	PUNCT
cjal-9207	664	35	however	however	ADV
cjal-9207	664	36	,	,	PUNCT
cjal-9207	664	37	remamed	remame	VERB
cjal-9207	664	38	marginal	marginal	ADJ
cjal-9207	664	39	.	.	PUNCT
cjal-9207	665	1	limit	limit	NOUN
cjal-9207	665	2	ed	ed	NOUN
cjal-9207	665	3	by	by	ADP
cjal-9207	665	4	operational	operational	ADJ
cjal-9207	665	5	quota	quota	NOUN
cjal-9207	665	6	restriction	restriction	NOUN
cjal-9207	665	7	s	s	X
cjal-9207	665	8	and	and	CCONJ
cjal-9207	665	9	their	their	PRON
cjal-9207	665	10	own	own	ADJ
cjal-9207	665	11	limited	limited	ADJ
cjal-9207	665	12	level	level	NOUN
cjal-9207	665	13	of	of	ADP
cjal-9207	665	14	governanc	governanc	PROPN
cjal-9207	665	15	e	e	X
cjal-9207	665	16	particip	particip	NOUN
cjal-9207	665	17	ation	ation	PROPN
cjal-9207	665	18	,	,	PUNCT
cjal-9207	665	19	even	even	ADV
cjal-9207	665	20	qfiis	qfii	VERB
cjal-9207	665	21	prioritize	prioritize	VERB
cjal-9207	665	22	goab	goab	PROPN
cjal-9207	665	23	i:;uch	i:;uch	PROPN
cjal-9207	665	24	as	as	ADP
cjal-9207	665	25	maintaining	maintain	VERB
cjal-9207	665	26	a	a	DET
cjal-9207	665	27	strong	strong	ADJ
cjal-9207	665	28	relationship	relationship	NOUN
cjal-9207	665	29	with	with	ADP
cjal-9207	665	30	party	party	NOUN
cjal-9207	665	31	-state	-state	PROPN
cjal-9207	665	32	controlling	control	VERB
cjal-9207	665	33	shareholders	shareholder	NOUN
cjal-9207	665	34	.	.	PUNCT
cjal-9207	666	1	they	they	PRON
cjal-9207	666	2	were	be	AUX
cjal-9207	666	3	found	find	VERB
cjal-9207	666	4	to	to	PART
cjal-9207	666	5	often	often	ADV
cjal-9207	666	6	entrust	entrust	VERB
cjal-9207	666	7	controlling	control	VERB
cjal-9207	666	8	partyappointed	partyappointe	VERB
cjal-9207	666	9	directors	director	NOUN
cjal-9207	666	10	to	to	PART
cjal-9207	666	11	vote	vote	VERB
cjal-9207	666	12	on	on	ADP
cjal-9207	666	13	their	their	PRON
cjal-9207	666	14	behalf	behalf	NOUN
cjal-9207	666	15	,	,	PUNCT
cjal-9207	666	16	108	108	NUM
cjal-9207	666	17	instead	instead	ADV
cjal-9207	666	18	of	of	ADP
cjal-9207	666	19	opting	opt	VERB
cjal-9207	666	20	for	for	ADP
cjal-9207	666	21	action	action	NOUN
cjal-9207	666	22	·	·	PUNCT
cjal-9207	666	23	that	that	PRON
cjal-9207	666	24	might	might	AUX
cjal-9207	666	25	more	more	ADV
cjal-9207	666	26	directly	directly	ADV
cjal-9207	666	27	m	m	VERB
cjal-9207	666	28	aximize	aximize	NOUN
cjal-9207	666	29	value	value	NOUN
cjal-9207	666	30	for	for	ADP
cjal-9207	666	31	their	their	PRON
cjal-9207	666	32	unit	unit	NOUN
cjal-9207	666	33	holden	holden	PROPN
cjal-9207	666	34	,	,	PUNCT
cjal-9207	666	35	and	and	CCONJ
cjal-9207	666	36	other	other	ADJ
cjal-9207	666	37	minority	minority	NOUN
cjal-9207	666	38	shareholder	shareholder	NOUN
cjal-9207	666	39	s.109	s.109	VERB
cjal-9207	666	40	it	it	PRON
cjal-9207	666	41	should	should	AUX
cjal-9207	666	42	neverthel	neverthel	PROPN
cjal-9207	666	43	ess	ess	PROPN
cjal-9207	666	44	be	be	AUX
cjal-9207	666	45	noted	note	VERB
cjal-9207	666	46	that	that	SCONJ
cjal-9207	666	47	in	in	ADP
cjal-9207	666	48	recent	recent	ADJ
cjal-9207	666	49	years	year	NOUN
cjal-9207	666	50	the	the	DET
cjal-9207	666	51	chinese	chinese	ADJ
cjal-9207	666	52	gove	gove	PROPN
cjal-9207	666	53	rnm	rnm	PROPN
cjal-9207	666	54	ent	ent	PROPN
cjal-9207	666	55	increased	increase	VERB
cjal-9207	666	56	the	the	DET
cjal-9207	666	57	qfii	qfii	ADJ
cjal-9207	666	58	quota	quota	NOUN
cjal-9207	666	59	allotment	allotment	NOUN
cjal-9207	666	60	several	several	ADJ
cjal-9207	666	61	time	time	NOUN
cjal-9207	666	62	s	s	PART
cjal-9207	666	63	,	,	PUNCT
cjal-9207	666	64	thu	thu	PROPN
cjal-9207	666	65	s	s	VERB
cjal-9207	666	66	increasing	increase	VERB
cjal-9207	666	67	the	the	DET
cjal-9207	666	68	scope	scope	NOUN
cjal-9207	666	69	of	of	ADP
cjal-9207	666	70	authorized	authorize	VERB
cjal-9207	666	71	foreign	foreign	ADJ
cjal-9207	666	72	institutional	institutional	ADJ
cjal-9207	666	73	investors	investor	NOUN
cjal-9207	666	74	and	and	CCONJ
cjal-9207	666	75	potentially	potentially	ADV
cjal-9207	666	76	their	their	PRON
cjal-9207	666	77	influence	influence	NOUN
cjal-9207	666	78	.110	.110	NUM
cjal-9207	666	79	given	give	VERB
cjal-9207	666	80	the	the	DET
cjal-9207	666	81	likelihood	likelihood	NOUN
cjal-9207	666	82	of	of	ADP
cjal-9207	666	83	increased	increase	VERB
cjal-9207	666	84	institutional	institutional	ADJ
cjal-9207	666	85	investor	investor	NOUN
cjal-9207	666	86	market	market	NOUN
cjal-9207	666	87	hare	hare	NOUN
cjal-9207	666	88	,	,	PUNCT
cjal-9207	666	89	competency	competency	NOUN
cjal-9207	666	90	and	and	CCONJ
cjal-9207	666	91	sophistication	sophistication	NOUN
cjal-9207	666	92	,	,	PUNCT
cjal-9207	666	93	could	could	AUX
cjal-9207	666	94	they	they	PRON
cjal-9207	666	95	become	become	VERB
cjal-9207	666	96	major	major	ADJ
cjal-9207	666	97	participant:-	participant:-	NOUN
cjal-9207	666	98	.	.	PUNCT
cjal-9207	667	1	in	in	ADP
cjal-9207	667	2	listed	list	VERB
cjal-9207	667	3	firm	firm	ADJ
cjal-9207	667	4	corporate	corporate	ADJ
cjal-9207	667	5	governance	governance	NOUN
cjal-9207	667	6	as	as	SCONJ
cjal-9207	667	7	has	have	AUX
cjal-9207	667	8	been	be	AUX
cjal-9207	667	9	the	the	DET
cjal-9207	667	10	case	case	NOUN
cjal-9207	667	11	in	in	ADP
cjal-9207	667	12	other	other	ADJ
cjal-9207	667	13	markets	market	NOUN
cjal-9207	667	14	?	?	PUNCT
cjal-9207	668	1	in	in	ADP
cjal-9207	668	2	my	my	PRON
cjal-9207	668	3	view	view	NOUN
cjal-9207	668	4	,	,	PUNCT
cjal-9207	668	5	there	there	PRON
cjal-9207	668	6	remain	remain	VERB
cjal-9207	668	7	considerable	considerable	ADJ
cjal-9207	668	8	barriers	barrier	NOUN
cjal-9207	668	9	relating	relate	VERB
cjal-9207	668	10	specifically	specifically	ADV
cjal-9207	668	11	to	to	ADP
cjal-9207	668	12	china	china	PROPN
cjal-9207	668	13	's	's	PART
cjal-9207	668	14	political	political	ADJ
cjal-9207	668	15	economy	economy	NOUN
cjal-9207	668	16	,	,	PUNCT
cjal-9207	668	17	which	which	PRON
cjal-9207	668	18	prevent	prevent	VERB
cjal-9207	668	19	institutional	institutional	ADJ
cjal-9207	668	20	investor	investor	NOUN
cjal-9207	668	21	from	from	ADP
cjal-9207	668	22	becoming	become	VERB
cjal-9207	668	23	truly	truly	ADV
cjal-9207	668	24	effective	effective	ADJ
cjal-9207	668	25	agents	agent	NOUN
cjal-9207	668	26	for	for	ADP
cjal-9207	668	27	minority	minority	NOUN
cjal-9207	668	28	public	public	ADJ
cjal-9207	668	29	shareholde	shareholde	ADJ
cjal-9207	668	30	rs	rs	NOUN
cjal-9207	668	31	in	in	ADP
cjal-9207	668	32	the	the	DET
cjal-9207	668	33	chinese	chinese	ADJ
cjal-9207	668	34	capital	capital	NOUN
cjal-9207	668	35	mark	mark	PROPN
cjal-9207	668	36	ets	ets	PROPN
cjal-9207	668	37	.	.	PUNCT
cjal-9207	669	1	first	first	ADV
cjal-9207	669	2	,	,	PUNCT
cjal-9207	669	3	institutional	institutional	ADJ
cjal-9207	669	4	inv	inv	ADJ
cjal-9207	669	5	estors	estor	NOUN
cjal-9207	669	6	in	in	ADP
cjal-9207	669	7	china	china	PROPN
cjal-9207	669	8	are	be	AUX
cjal-9207	669	9	subject	subject	ADJ
cjal-9207	669	10	to	to	ADP
cjal-9207	669	11	close	close	ADJ
cjal-9207	669	12	regulation	regulation	NOUN
cjal-9207	669	13	,	,	PUNCT
cjal-9207	669	14	supervision	supervision	NOUN
cjal-9207	669	15	and	and	CCONJ
cjal-9207	669	16	enforcement	enforcement	NOUN
cjal-9207	669	17	at	at	ADP
cjal-9207	669	18	a	a	DET
cjal-9207	669	19	multitude	multitude	NOUN
cjal-9207	669	20	of	of	ADP
cjal-9207	669	21	levels	level	NOUN
cjal-9207	669	22	.	.	PUNCT
cjal-9207	670	1	various	various	ADJ
cjal-9207	670	2	competing	compete	VERB
cjal-9207	670	3	central	central	ADJ
cjal-9207	670	4	government	government	NOUN
cjal-9207	670	5	mini	mini	PROPN
cjal-9207	670	6	st	st	PROPN
cjal-9207	670	7	ry	ry	NOUN
cjal-9207	670	8	-	-	PUNCT
cjal-9207	670	9	level	level	NOUN
cjal-9207	670	10	bodies	body	NOUN
cjal-9207	670	11	regulate	regulate	VERB
cjal-9207	670	12	the	the	DET
cjal-9207	670	13	industry	industry	NOUN
cjal-9207	670	14	:	:	PUNCT
cjal-9207	670	15	the	the	DET
cjal-9207	670	16	csrc	csrc	NOUN
cjal-9207	670	17	,	,	PUNCT
cjal-9207	670	18	the	the	DET
cjal-9207	670	19	china	china	PROPN
cjal-9207	670	20	insuranc	insuranc	PROPN
cjal-9207	670	21	e	e	PROPN
cjal-9207	670	22	regulatory	regulatory	ADJ
cjal-9207	670	23	commission	commission	PROPN
cjal-9207	670	24	,	,	PUNCT
cjal-9207	670	25	the	the	DET
cjal-9207	670	26	china	china	PROPN
cjal-9207	670	27	banking	banking	PROPN
cjal-9207	670	28	regulatory	regulatory	PROPN
cjal-9207	670	29	commission	commission	PROPN
cjal-9207	670	30	,	,	PUNCT
cjal-9207	670	31	national	national	ADJ
cjal-9207	670	32	council	council	PROPN
cjal-9207	670	33	for	for	ADP
cjal-9207	670	34	social	social	ADJ
cjal-9207	670	35	secu.nty	secu.nty	NUM
cjal-9207	670	36	fund	fund	NOUN
cjal-9207	670	37	,	,	PUNCT
cjal-9207	670	38	and	and	CCONJ
cjal-9207	670	39	the	the	DET
cjal-9207	670	40	state	state	NOUN
cjal-9207	670	41	administration	administration	NOUN
cjal-9207	670	42	of	of	ADP
cjal-9207	670	43	foreign	foreign	ADJ
cjal-9207	670	44	exchange	exchange	NOUN
cjal-9207	670	45	.	.	PUNCT
cjal-9207	671	1	this	this	DET
cjal-9207	671	2	segregated	segregate	VERB
cjal-9207	671	3	regulatory	regulatory	ADJ
cjal-9207	671	4	and	and	CCONJ
cjal-9207	671	5	supervisory	supervisory	ADJ
cjal-9207	671	6	aut	aut	NOUN
cjal-9207	671	7	hority	hority	NOUN
cjal-9207	671	8	produces	produce	VERB
cjal-9207	671	9	multiple	multiple	ADJ
cjal-9207	671	10	,	,	PUNCT
cjal-9207	671	11	cumberi:;ome	cumberi:;ome	NOUN
cjal-9207	671	12	,	,	PUNCT
cjal-9207	671	13	and	and	CCONJ
cjal-9207	671	14	often	often	ADV
cjal-9207	671	15	overlapping	overlap	VERB
cjal-9207	671	16	regulation	regulation	NOUN
cjal-9207	671	17	of	of	ADP
cjal-9207	671	18	competing	compete	VERB
cjal-9207	671	19	interests	interest	NOUN
cjal-9207	671	20	which	which	PRON
cjal-9207	671	21	likely	likely	ADV
cjal-9207	671	22	106	106	NUM
cjal-9207	671	23	the	the	DET
cjal-9207	671	24	program	program	NOUN
cjal-9207	671	25	was	be	AUX
cjal-9207	671	26	introdu	introdu	NOUN
cjal-9207	671	27	ced	ce	VERB
cjal-9207	671	28	in	in	ADP
cjal-9207	671	29	2002	2002	NUM
cjal-9207	671	30	,	,	PUNCT
cjal-9207	671	31	revised	revise	VERB
cjal-9207	671	32	in	in	ADP
cjal-9207	671	33	september	september	PROPN
cjal-9207	671	34	2009	2009	NUM
cjal-9207	671	35	and	and	CCONJ
cjal-9207	671	36	once	once	SCONJ
cjal-9207	671	37	agam	agam	PROPN
cjal-9207	671	38	in	in	ADP
cjal-9207	671	39	dece	dece	PROPN
cjal-9207	671	40	mbe~	mbe~	PROPN
cjal-9207	671	41	2012	2012	NUM
cjal-9207	671	42	._a	._a	ADJ
cjal-9207	672	1	sepa	sepa	PROPN
cjal-9207	672	2	ra~	ra~	PROPN
cjal-9207	672	3	program	program	NOUN
cjal-9207	672	4	was	be	AUX
cjal-9207	672	5	approved	approve	VERB
cjal-9207	672	6	in	in	ADP
cjal-9207	672	7	2011	2011	NUM
cjal-9207	672	8	to	to	PART
cjal-9207	672	9	facilitate	facilitate	VERB
cjal-9207	672	10	the	the	DET
cjal-9207	672	11	use	use	NOUN
cjal-9207	672	12	of	of	ADP
cjal-9207	672	13	renminbi	renminbi	NOUN
cjal-9207	672	14	held	hold	VERB
cjal-9207	672	15	_	_	PUNCT
cjal-9207	673	1	outsid	outsid	ADJ
cjal-9207	673	2	e	e	X
cjal-9207	673	3	~ru	~ru	VERB
cjal-9207	673	4	~	~	PUNCT
cjal-9207	673	5	land	land	NOUN
cjal-9207	673	6	chi	chi	NOUN
cjal-9207	673	7	na	na	NOUN
cjal-9207	673	8	for	for	ADP
cjal-9207	673	9	investments	investment	NOUN
cjal-9207	673	10	in	in	ADP
cjal-9207	673	11	the	the	DET
cjal-9207	673	12	domestic	domestic	ADJ
cjal-9207	673	13	market	market	NOUN
cjal-9207	673	14	_	_	PUNCT
cjal-9207	673	15	renminbi	renminbi	NOUN
cjal-9207	673	16	qualified	qualified	ADJ
cjal-9207	673	17	foreign	foreign	ADJ
cjal-9207	673	18	instituti	instituti	NOUN
cjal-9207	673	19	onal	onal	ADJ
cjal-9207	673	20	inve	inve	ADJ
cjal-9207	673	21	stors	stor	NOUN
cjal-9207	673	22	.	.	PUNCT
cjal-9207	674	1	general	general	ADJ
cjal-9207	674	2	information	information	NOUN
cjal-9207	674	3	on	on	ADP
cjal-9207	674	4	th	th	NUM
cjal-9207	674	5	qfii	qfii	ADJ
cjal-9207	674	6	d	d	NOUN
cjal-9207	674	7	rqfii	rqfii	NOUN
cjal-9207	674	8	h	h	NOUN
cjal-9207	674	9	·	·	PUNCT
cjal-9207	674	10	1	1	NUM
cjal-9207	674	11	d	d	X
cjal-9207	674	12	·	·	PUNCT
cjal-9207	674	13	•	•	INTJ
cjal-9207	674	14	.	.	PUNCT
cjal-9207	675	1	e	e	X
cjal-9207	675	2	an	an	DET
cjal-9207	675	3	sc	sc	PROPN
cjal-9207	675	4	emes	eme	NOUN
cjal-9207	675	5	,	,	PUNCT
cjal-9207	675	6	me	i	PRON
cjal-9207	675	7	u	u	NOUN
cjal-9207	675	8	m~	m~	PROPN
cjal-9207	675	9	summari	summari	PROPN
cjal-9207	675	10	es	es	NOUN
cjal-9207	675	11	of	of	ADP
cjal-9207	675	12	unportant	unportant	ADJ
cjal-9207	675	13	policy	policy	NOUN
cjal-9207	675	14	revisions	revision	NOUN
cjal-9207	675	15	and	and	CCONJ
cjal-9207	675	16	relevant	relevant	ADJ
cjal-9207	675	17	quotas	quota	NOUN
cjal-9207	675	18	,	,	PUNCT
cjal-9207	675	19	is	be	AUX
cjal-9207	675	20	available	available	ADJ
cjal-9207	675	21	on	on	ADP
cjal-9207	675	22	the	the	DET
cjal-9207	675	23	shanghai	shanghai	PROPN
cjal-9207	675	24	.	.	PUNCT
cjal-9207	676	1	stock	stock	PROPN
cjal-9207	676	2	excha	excha	PROPN
cjal-9207	676	3	~	~	SYM
cjal-9207	676	4	ge	ge	PROPN
cjal-9207	676	5	website	website	PROPN
cjal-9207	676	6	:	:	PUNCT
cjal-9207	676	7	qfii	qfii	PROPN
cjal-9207	676	8	&	&	CCONJ
cjal-9207	676	9	rqfii	rqfii	PROPN
cjal-9207	676	10	,	,	PUNCT
cjal-9207	676	11	sha	sha	PROPN
cjal-9207	676	12	.	.	PUNCT
cjal-9207	677	1	'.;ghaf	'.;ghaf	PROPN
cjal-9207	677	2	stock	stock	PROPN
cjal-9207	677	3	e.xchaxge	e.xchaxge	PROPN
cjal-9207	677	4	.	.	PUNCT
cjal-9207	678	1	http	http	PROPN
cjal-9207	678	2	:	:	PUNCT
cjal-9207	678	3	//engh	//engh	PUNCT
cjal-9207	679	1	sh	sh	INTJ
cjal-9207	679	2	.sse.eo	.sse.eo	PUNCT
cjal-9207	680	1	m.cn/	m.cn/	NUM
cjal-9207	680	2	mv	mv	PROPN
cjal-9207	680	3	estors	estors	PROPN
cjal-9207	680	4	/	/	SYM
cjal-9207	680	5	qfiilscheme	qfiilscheme	PROPN
cjal-9207	680	6	(	(	PUNCT
cjal-9207	680	7	last	last	ADV
cjal-9207	680	8	visited	visit	VERB
cjal-9207	680	9	u	u	PROPN
cjal-9207	680	10	3	3	NUM
cjal-9207	680	11	2017	2017	NUM
cjal-9207	680	12	)	)	PUNCT
cjal-9207	681	1	f	f	NOUN
cjal-9207	682	1	i	i	PRON
cjal-9207	682	2	ill	ill	VERB
cjal-9207	682	3	ti	ti	X
cjal-9207	682	4	h	h	NOUN
cjal-9207	682	5	"	"	PUNCT
cjal-9207	682	6	iar	iar	PROPN
cjal-9207	682	7	.	.	PROPN
cjal-9207	682	8	,	,	PUNCT
cjal-9207	682	9	.	.	PUNCT
cjal-9207	683	1	or	or	CCONJ
cjal-9207	683	2	coo\i?ruence	coo\i?ruence	NOUN
cjal-9207	683	3	reasons	reason	NOUN
cjal-9207	683	4	,	,	PUNCT
cjal-9207	683	5	w	w	X
cjal-9207	683	6	re	re	VERB
cjal-9207	683	7	er	er	INTJ
cjal-9207	683	8	to	to	ADP
cjal-9207	683	9	t	t	PROPN
cjal-9207	683	10	ese	ese	NOUN
cjal-9207	683	11	programs	program	NOUN
cjal-9207	683	12	together	together	ADV
cjal-9207	683	13	as	as	ADP
cjal-9207	683	14	qfii	qfii	ADJ
cjal-9207	683	15	.	.	PUNCT
cjal-9207	684	1	107	107	NUM
cjal-9207	684	2	see	see	VERB
cjal-9207	684	3	generally	generally	ADV
cjal-9207	684	4	khanna	khanna	PROPN
cjal-9207	684	5	&	&	CCONJ
cjal-9207	684	6	palepu	palepu	PROPN
cjal-9207	684	7	,	,	PUNCT
cjal-9207	684	8	supra	supra	PROPN
cjal-9207	684	9	note	note	NOUN
cjal-9207	684	10	83	83	NUM
cjal-9207	684	11	t	t	NOUN
cjal-9207	684	12	319	319	NUM
cjal-9207	684	13	108	108	NUM
cjal-9207	684	14	oecd	oecd	PROPN
cjal-9207	684	15	corporate	corporate	ADJ
cjal-9207	684	16	g	g	NOUN
cjal-9207	684	17	'	'	PUNCT
cjal-9207	684	18	a	a	DET
cjal-9207	684	19	.	.	NOUN
cjal-9207	684	20	•	•	NOUN
cjal-9207	684	21	over	over	ADP
cjal-9207	684	22	..	..	PUNCT
cjal-9207	684	23	'iance	'iance	NOUN
cjal-9207	684	24	of	of	ADP
cjal-9207	684	25	lis'l'ed	lis'l'ed	NOUN
cjal-9207	684	26	c0:',1paxje.s	c0:',1paxje.s	PROPN
cjal-9207	684	27	rx	rx	VERB
cjal-9207	684	28	chl::sa	chl::sa	NOUN
cjal-9207	684	29	.	.	PUNCT
cjal-9207	685	1	self	self	NOUN
cjal-9207	685	2	·	·	PUNCT
cjal-9207	685	3	assessment	assessment	NOUN
cjal-9207	685	4	by	by	ADP
cjal-9207	685	5	the	the	DET
cjal-9207	685	6	china	china	PROPN
cjal-9207	685	7	securities	securities	PROPN
cjal-9207	685	8	regulatory	regulatory	PROPN
cjal-9207	685	9	co!'.t	co!'.t	PROPN
cjal-9207	685	10	.	.	PUNCT
cjal-9207	686	1	,ussiox	,ussiox	PUNCT
cjal-9207	686	2	39	39	NUM
cjal-9207	686	3	(	(	PUNCT
cjal-9207	686	4	2011	2011	NUM
cjal-9207	686	5	)	)	PUNCT
cjal-9207	686	6	.	.	PUNCT
cjal-9207	687	1	ht	ht	PROPN
cjal-9207	687	2	tp	tp	X
cjal-9207	687	3	:	:	PUNCT
cjal-9207	687	4	//www.oecd.org	//www.oecd.org	SYM
cjal-9207	687	5	/	/	SYM
cjal-9207	687	6	daf/	daf/	NOUN
cjal-9207	687	7	ca	ca	NOUN
cjal-9207	687	8	/48444985	/48444985	PUNCT
cjal-9207	687	9	.pdf	.pdf	PUNCT
cjal-9207	687	10	.	.	PUNCT
cjal-9207	688	1	109see	109see	NUM
cjal-9207	688	2	curti	curti	PROPN
cjal-9207	688	3	s	s	PART
cjal-9207	688	4	j.	j.	PROPN
cjal-9207	688	5	milhaupt	milhaupt	PROPN
cjal-9207	688	6	nonpro',.t	nonpro',.t	PROPN
cjal-9207	688	7	o	o	PROPN
cjal-9207	688	8	·	·	PUNCT
cjal-9207	688	9	·	·	PUNCT
cjal-9207	688	10	·	·	PUNCT
cjal-9207	688	11	theo	theo	PROPN
cjal-9207	688	12	and	and	CCONJ
cjal-9207	688	13	el·ilknce	el·ilknce	PROPN
cjal-9207	688	14	fr	fr	NOUN
cjal-9207	688	15	'	'	PUNCT
cjal-9207	688	16	.	.	PUNCT
cjal-9207	688	17	''	''	PUNCT
cjal-9207	689	1	rgan	rgan	PROPN
cjal-9207	689	2	,	,	PUNCT
cjal-9207	689	3	zations	zation	NOUN
cjal-9207	689	4	as	as	ADP
cjal-9207	689	5	in	in	ADP
cjal-9207	689	6	t·eswr	t·eswr	DET
cjal-9207	689	7	protectwn	protectwn	ADJ
cjal-9207	689	8	:	:	PUNCT
cjal-9207	689	9	economic	economic	ADJ
cjal-9207	689	10	ry	ry	PROPN
cjal-9207	689	11	om	om	PROPN
cjal-9207	689	12	easl	easl	PROPN
cjal-9207	689	13	asta	asta	PROPN
cjal-9207	689	14	,	,	PUNCT
cjal-9207	689	15	29	29	NUM
cjal-9207	689	16	yale	yale	PROPN
cjal-9207	689	17	j.	j.	PROPN
cjal-9207	689	18	int'l	int'l	PROPN
cjal-9207	689	19	l	l	PROPN
cjal-9207	689	20	169	169	NUM
cjal-9207	689	21	190	190	NUM
cjal-9207	689	22	(	(	PUNCT
cjal-9207	689	23	2004	2004	NUM
cjal-9207	689	24	)	)	PUNCT
cjal-9207	689	25	(	(	PUNCT
cjal-9207	689	26	providmg	providmg	VERB
cjal-9207	689	27	examples	example	NOUN
cjal-9207	689	28	how	how	SCONJ
cjal-9207	689	29	these	these	DET
cjal-9207	689	30	cons	con	NOUN
cjal-9207	689	31	iderations	ideration	NOUN
cjal-9207	689	32	may	may	AUX
cjal-9207	689	33	have	have	AUX
cjal-9207	689	34	led	lead	VERB
cjal-9207	689	35	to	to	ADP
cjal-9207	689	36	th	th	PROPN
cjal-9207	689	37	·	·	PUNCT
cjal-9207	689	38	'	'	PUNCT
cjal-9207	689	39	.	.	PUNCT
cjal-9207	690	1	•	•	NUM
cjal-9207	690	2	·	·	PUNCT
cjal-9207	690	3	institutional	institutional	ADJ
cjal-9207	690	4	investo	investo	ADJ
cjal-9207	690	5	rs	rs	NOUN
cjal-9207	690	6	in	in	ADP
cjal-9207	690	7	japa	japa	PROPN
cjal-9207	690	8	s	s	PROPN
cjal-9207	690	9	h	h	NOUN
cjal-9207	690	10	k	k	NOUN
cjal-9207	690	11	.	.	PUNCT
cjal-9207	691	1	e	e	X
cjal-9207	691	2	generally	generally	ADV
cjal-9207	691	3	passive	passive	ADJ
cjal-9207	691	4	role	role	NOUN
cjal-9207	691	5	of	of	ADP
cjal-9207	691	6	foreign	foreign	ADJ
cjal-9207	691	7	n	n	CCONJ
cjal-9207	691	8	,	,	PUNCT
cjal-9207	691	9	out	out	ADV
cjal-9207	691	10	orea	orea	NOUN
cjal-9207	691	11	,	,	PUNCT
cjal-9207	691	12	and	and	CCONJ
cjal-9207	691	13	taiwan	taiwan	PROPN
cjal-9207	691	14	as	as	ADV
cjal-9207	691	15	well	well	ADV
cjal-9207	691	16	)	)	PUNCT
cjal-9207	691	17	110	110	NUM
cjal-9207	691	18	see	see	VERB
cjal-9207	691	19	qfii	qfii	ADJ
cjal-9207	691	20	&	&	CCONJ
cjal-9207	691	21	rqfii	rqfii	NOUN
cjal-9207	691	22	,	,	PUNCT
cjal-9207	691	23	su.pra	su.pra	PROPN
cjal-9207	691	24	note	note	NOUN
cjal-9207	691	25	106	106	NUM
cjal-9207	691	26	for	for	ADP
cjal-9207	691	27	uota	uota	ADJ
cjal-9207	691	28	in£	in£	NOUN
cjal-9207	691	29	·	·	PUNCT
cjal-9207	691	30	·	·	PUNCT
cjal-9207	692	1	reg	reg	PROPN
cjal-9207	692	2	commission	commission	PROPN
cjal-9207	692	3	http·//	http·//	PROPN
cjal-9207	692	4	'	'	PUNCT
cjal-9207	692	5	q	q	NOUN
cjal-9207	692	6	ormation	ormation	NOUN
cjal-9207	692	7	.	.	PUNCT
cjal-9207	693	1	see	see	VERB
cjal-9207	693	2	also	also	ADV
cjal-9207	693	3	qfii	qfii	ADJ
cjal-9207	693	4	.	.	PUNCT
cjal-9207	694	1	china	china	PROPN
cjal-9207	694	2	sec	sec	PROPN
cjal-9207	694	3	.	.	PROPN
cjal-9207	695	1	•	•	NUM
cjal-9207	695	2	•	•	NOUN
cjal-9207	695	3	,	,	PUNCT
cjal-9207	695	4	•	•	NOUN
cjal-9207	695	5	www.csrc.gov.cn/pub/csrc	www.csrc.gov.cn/pub/csrc	NUM
cjal-9207	695	6	n	n	CCONJ
cjal-9207	695	7	/	/	SYM
cjal-9207	695	8	op	op	NOUN
cjal-9207	695	9	·	·	PUNCT
cjal-9207	695	10	20	20	NUM
cjal-9207	695	11	1212	1212	NUM
cjal-9207	695	12	/	/	SYM
cjal-9207	695	13	t20121210_217805.html	t20121210_217805.html	NUM
cjal-9207	695	14	.	.	PUNCT
cjal-9207	696	1	_	_	NOUN
cjal-9207	696	2	e	e	NOUN
cjal-9207	696	3	enmgup	enmgup	ADJ
cjal-9207	696	4	/	/	SYM
cjal-9207	696	5	relatedpo	relatedpo	NOUN
cjal-9207	696	6	lices	lice	NOUN
cjal-9207	696	7	/	/	SYM
cjal-9207	696	8	qfii/	qfii/	NUM
cjal-9207	696	9	2016	2016	NUM
cjal-9207	696	10	)	)	PUNCT
cjal-9207	696	11	minority	minority	NOUN
cjal-9207	696	12	public	public	ADJ
cjal-9207	696	13	shareholders	shareholder	NOUN
cjal-9207	696	14	in	in	ADP
cjal-9207	696	15	china	china	PROPN
cjal-9207	696	16	31	31	NUM
cjal-9207	696	17	restrict	restrict	VERB
cjal-9207	696	18	institutional	institutional	ADJ
cjal-9207	696	19	initiative	initiative	NOUN
cjal-9207	696	20	and	and	CCONJ
cjal-9207	696	21	autonomy	autonomy	NOUN
cjal-9207	696	22	.	.	PUNCT
cjal-9207	697	1	111	111	NUM
cjal-9207	697	2	these	these	DET
cjal-9207	697	3	regulatory	regulatory	ADJ
cjal-9207	697	4	system	system	NOUN
cjal-9207	697	5	encumbrances	encumbrance	NOUN
cjal-9207	697	6	may	may	AUX
cjal-9207	697	7	also	also	ADV
cjal-9207	697	8	function	function	VERB
cjal-9207	697	9	to	to	PART
cjal-9207	697	10	hold	hold	VERB
cjal-9207	697	11	back	back	ADP
cjal-9207	697	12	policy	policy	NOUN
cjal-9207	697	13	which	which	PRON
cjal-9207	697	14	the	the	DET
cjal-9207	697	15	csrc	csrc	NOUN
cjal-9207	697	16	seek	seek	VERB
cjal-9207	697	17	to	to	PART
cjal-9207	697	18	promote	promote	VERB
cjal-9207	697	19	as	as	ADP
cjal-9207	697	20	part	part	NOUN
cjal-9207	697	21	of	of	ADP
cjal-9207	697	22	its	its	PRON
cjal-9207	697	23	broad	broad	ADJ
cjal-9207	697	24	efforts	effort	NOUN
cjal-9207	697	25	to	to	PART
cjal-9207	697	26	empower	empower	VERB
cjal-9207	697	27	minority	minority	NOUN
cjal-9207	697	28	shareholders	shareholder	NOUN
cjal-9207	697	29	,	,	PUNCT
cjal-9207	697	30	and	and	CCONJ
cjal-9207	697	31	which	which	PRON
cjal-9207	697	32	otherwise	otherwise	ADV
cjal-9207	697	33	could	could	AUX
cjal-9207	697	34	have	have	AUX
cjal-9207	697	35	pushed	push	VERB
cjal-9207	697	36	harder	hard	ADV
cjal-9207	697	37	for	for	ADP
cjal-9207	697	38	mandatory	mandatory	ADJ
cjal-9207	697	39	institutional	institutional	ADJ
cjal-9207	697	40	participation	participation	NOUN
cjal-9207	697	41	.	.	PUNCT
cjal-9207	698	1	112	112	NUM
cjal-9207	698	2	most	most	ADV
cjal-9207	698	3	importantly	importantly	ADV
cjal-9207	698	4	,	,	PUNCT
cjal-9207	698	5	the	the	DET
cjal-9207	698	6	ownership	ownership	NOUN
cjal-9207	698	7	structure	structure	NOUN
cjal-9207	698	8	of	of	ADP
cjal-9207	698	9	prc	prc	PROPN
cjal-9207	698	10	firms	firm	NOUN
cjal-9207	698	11	accessing	access	VERB
cjal-9207	698	12	capital	capital	NOUN
cjal-9207	698	13	in	in	ADP
cjal-9207	698	14	the	the	DET
cjal-9207	698	15	chinese	chinese	ADJ
cjal-9207	698	16	and	and	CCONJ
cjal-9207	698	17	global	global	ADJ
cjal-9207	698	18	capital	capital	NOUN
cjal-9207	698	19	markets	market	NOUN
cjal-9207	698	20	is	be	AUX
cjal-9207	698	21	likely	likely	ADJ
cjal-9207	698	22	to	to	PART
cjal-9207	698	23	inhibit	inhibit	VERB
cjal-9207	698	24	institutional	institutional	ADJ
cjal-9207	698	25	investor	investor	NOUN
cjal-9207	698	26	involvement	involvement	NOUN
cjal-9207	698	27	in	in	ADP
cjal-9207	698	28	firm	firm	ADJ
cjal-9207	698	29	corporate	corporate	ADJ
cjal-9207	698	30	governance	governance	NOUN
cjal-9207	698	31	.	.	PUNCT
cjal-9207	699	1	the	the	DET
cjal-9207	699	2	conflicts	conflict	NOUN
cjal-9207	699	3	of	of	ADP
cjal-9207	699	4	interest	interest	NOUN
cjal-9207	699	5	experienced	experience	VERB
cjal-9207	699	6	by	by	ADP
cjal-9207	699	7	prc	prc	PROPN
cjal-9207	699	8	institutional	institutional	ADJ
cjal-9207	699	9	investors	investor	NOUN
cjal-9207	699	10	are	be	AUX
cjal-9207	699	11	particularly	particularly	ADV
cjal-9207	699	12	acute	acute	ADJ
cjal-9207	699	13	,	,	PUNCT
cjal-9207	699	14	since	since	SCONJ
cjal-9207	699	15	these	these	DET
cjal-9207	699	16	investors	investor	NOUN
cjal-9207	699	17	are	be	AUX
cjal-9207	699	18	closely	closely	ADV
cjal-9207	699	19	affiliated	affiliate	VERB
cjal-9207	699	20	with	with	ADP
cjal-9207	699	21	soe	soe	PROPN
cjal-9207	699	22	groups	group	NOUN
cjal-9207	699	23	,	,	PUNCT
cjal-9207	699	24	group	group	NOUN
cjal-9207	699	25	company	company	NOUN
cjal-9207	699	26	insiders	insider	NOUN
cjal-9207	699	27	,	,	PUNCT
cjal-9207	699	28	and	and	CCONJ
cjal-9207	699	29	with	with	ADP
cjal-9207	699	30	key	key	ADJ
cjal-9207	699	31	political	political	ADJ
cjal-9207	699	32	players	player	NOUN
cjal-9207	699	33	at	at	ADP
cjal-9207	699	34	various	various	ADJ
cjal-9207	699	35	levels	level	NOUN
cjal-9207	699	36	of	of	ADP
cjal-9207	699	37	the	the	DET
cjal-9207	699	38	party	party	NOUN
cjal-9207	699	39	and	and	CCONJ
cjal-9207	699	40	state	state	NOUN
cjal-9207	699	41	.	.	PUNCT
cjal-9207	700	1	113	113	NUM
cjal-9207	700	2	the	the	DET
cjal-9207	700	3	state	state	NOUN
cjal-9207	700	4	capitalism	capitalism	NOUN
cjal-9207	700	5	model	model	NOUN
cjal-9207	700	6	implies	imply	VERB
cjal-9207	700	7	strong	strong	ADJ
cjal-9207	700	8	party	party	NOUN
cjal-9207	700	9	-	-	PUNCT
cjal-9207	700	10	state	state	NOUN
cjal-9207	700	11	involvement	involvement	NOUN
cjal-9207	700	12	in	in	ADP
cjal-9207	700	13	the	the	DET
cjal-9207	700	14	capital	capital	NOUN
cjal-9207	700	15	markets	market	NOUN
cjal-9207	700	16	not	not	PART
cjal-9207	700	17	only	only	ADV
cjal-9207	700	18	through	through	ADP
cjal-9207	700	19	the	the	DET
cjal-9207	700	20	control	control	NOUN
cjal-9207	700	21	of	of	ADP
cjal-9207	700	22	listed	list	VERB
cjal-9207	700	23	companies	company	NOUN
cjal-9207	700	24	,	,	PUNCT
cjal-9207	700	25	but	but	CCONJ
cjal-9207	700	26	also	also	ADV
cjal-9207	700	27	through	through	ADP
cjal-9207	700	28	the	the	DET
cjal-9207	700	29	control	control	NOUN
cjal-9207	700	30	of	of	ADP
cjal-9207	700	31	the	the	DET
cjal-9207	700	32	financial	financial	ADJ
cjal-9207	700	33	industry	industry	NOUN
cjal-9207	700	34	(	(	PUNCT
cjal-9207	700	35	commercial	commercial	ADJ
cjal-9207	700	36	banks	bank	NOUN
cjal-9207	700	37	,	,	PUNCT
cjal-9207	700	38	investment	investment	NOUN
cjal-9207	700	39	banks	bank	NOUN
cjal-9207	700	40	,	,	PUNCT
cjal-9207	700	41	and	and	CCONJ
cjal-9207	700	42	brokerages	brokerage	NOUN
cjal-9207	700	43	)	)	PUNCT
cjal-9207	700	44	and	and	CCONJ
cjal-9207	700	45	the	the	DET
cjal-9207	700	46	major	major	ADJ
cjal-9207	700	47	players	player	NOUN
cjal-9207	700	48	in	in	ADP
cjal-9207	700	49	the	the	DET
cjal-9207	700	50	investment	investment	NOUN
cjal-9207	700	51	sector	sector	NOUN
cjal-9207	700	52	.	.	PUNCT
cjal-9207	701	1	114	114	NUM
cjal-9207	701	2	thus	thus	ADV
cjal-9207	701	3	,	,	PUNCT
cjal-9207	701	4	in	in	ADP
cjal-9207	701	5	the	the	DET
cjal-9207	701	6	prc	prc	PROPN
cjal-9207	701	7	,	,	PUNCT
cjal-9207	701	8	central	central	ADJ
cjal-9207	701	9	organs	organ	NOUN
cjal-9207	701	10	of	of	ADP
cjal-9207	701	11	the	the	DET
cjal-9207	701	12	party	party	NOUN
cjal-9207	701	13	-	-	PUNCT
cjal-9207	701	14	state	state	NOUN
cjal-9207	701	15	have	have	AUX
cjal-9207	701	16	both	both	CCONJ
cjal-9207	701	17	administrative	administrative	ADJ
cjal-9207	701	18	and	and	CCONJ
cjal-9207	701	19	regulatory	regulatory	ADJ
cjal-9207	701	20	control	control	NOUN
cjal-9207	701	21	over	over	ADP
cjal-9207	701	22	the	the	DET
cjal-9207	701	23	financial	financial	ADJ
cjal-9207	701	24	and	and	CCONJ
cjal-9207	701	25	investment	investment	NOUN
cjal-9207	701	26	sectors	sector	NOUN
cjal-9207	701	27	,	,	PUNCT
cjal-9207	701	28	but	but	CCONJ
cjal-9207	701	29	also	also	ADV
cjal-9207	701	30	absolute	absolute	ADJ
cjal-9207	701	31	ownership	ownership	NOUN
cjal-9207	701	32	and	and	CCONJ
cjal-9207	701	33	management	management	NOUN
cjal-9207	701	34	control	control	NOUN
cjal-9207	701	35	of	of	ADP
cjal-9207	701	36	the	the	DET
cjal-9207	701	37	firms	firm	NOUN
cjal-9207	701	38	in	in	ADP
cjal-9207	701	39	these	these	DET
cjal-9207	701	40	sectors	sector	NOUN
cjal-9207	701	41	.	.	PUNCT
cjal-9207	702	1	the	the	DET
cjal-9207	702	2	prc	prc	PROPN
cjal-9207	702	3	partystate	partystate	NOUN
cjal-9207	702	4	can	can	AUX
cjal-9207	702	5	therefore	therefore	ADV
cjal-9207	702	6	promote	promote	VERB
cjal-9207	702	7	its	its	PRON
cjal-9207	702	8	interests	interest	NOUN
cjal-9207	702	9	via	via	ADP
cjal-9207	702	10	its	its	PRON
cjal-9207	702	11	controlling	control	VERB
cjal-9207	702	12	shareholder	shareholder	NOUN
cjal-9207	702	13	position	position	NOUN
cjal-9207	702	14	in	in	ADP
cjal-9207	702	15	its	its	PRON
cjal-9207	702	16	subsidiary	subsidiary	NOUN
cjal-9207	702	17	listed	list	VERB
cjal-9207	702	18	firms	firm	NOUN
cjal-9207	702	19	,	,	PUNCT
cjal-9207	702	20	and	and	CCONJ
cjal-9207	702	21	via	via	ADP
cjal-9207	702	22	state	state	NOUN
cjal-9207	702	23	regulatory	regulatory	ADJ
cjal-9207	702	24	agencies	agency	NOUN
cjal-9207	702	25	and	and	CCONJ
cjal-9207	702	26	the	the	DET
cjal-9207	702	27	legal	legal	ADJ
cjal-9207	702	28	system	system	NOUN
cjal-9207	702	29	,	,	PUNCT
cjal-9207	702	30	but	but	CCONJ
cjal-9207	702	31	also	also	ADV
cjal-9207	702	32	through	through	ADP
cjal-9207	702	33	its	its	PRON
cjal-9207	702	34	controlling	control	VERB
cjal-9207	702	35	ownership	ownership	NOUN
cjal-9207	702	36	position	position	NOUN
cjal-9207	702	37	in	in	ADP
cjal-9207	702	38	most	most	ADJ
cjal-9207	702	39	of	of	ADP
cjal-9207	702	40	china	china	PROPN
cjal-9207	702	41	's	's	PART
cjal-9207	702	42	fund	fund	NOUN
cjal-9207	702	43	managers	manager	NOUN
cjal-9207	702	44	,	,	PUNCT
cjal-9207	702	45	insurance	insurance	NOUN
cjal-9207	702	46	companies	company	NOUN
cjal-9207	702	47	and	and	CCONJ
cjal-9207	702	48	other	other	ADJ
cjal-9207	702	49	public	public	ADJ
cjal-9207	702	50	1	1	NUM
cjal-9207	702	51	"	"	PUNCT
cjal-9207	702	52	e.g.	e.g.	ADV
cjal-9207	702	53	both	both	CCONJ
cjal-9207	702	54	the	the	DET
cjal-9207	702	55	csrc	csrc	NOUN
cjal-9207	702	56	and	and	CCONJ
cjal-9207	702	57	the	the	DET
cjal-9207	702	58	state	state	NOUN
cjal-9207	702	59	administration	administration	NOUN
cjal-9207	702	60	of	of	ADP
cjal-9207	702	61	foreign	foreign	ADJ
cjal-9207	702	62	exchange	exchange	NOUN
cjal-9207	702	63	are	be	AUX
cjal-9207	702	64	responsible	responsible	ADJ
cjal-9207	702	65	for	for	ADP
cjal-9207	702	66	the	the	DET
cjal-9207	702	67	administration	administration	NOUN
cjal-9207	702	68	of	of	ADP
cjal-9207	702	69	the	the	DET
cjal-9207	702	70	qfii	qfii	ADJ
cjal-9207	702	71	schemes	scheme	NOUN
cjal-9207	702	72	.	.	PUNCT
cjal-9207	703	1	see	see	VERB
cjal-9207	703	2	shanghai	shanghai	PROPN
cjal-9207	703	3	stock	stock	PROPN
cjal-9207	703	4	exchange	exchange	PROPN
cjal-9207	703	5	,	,	PUNCT
cjal-9207	703	6	supra	supra	PROPN
cjal-9207	703	7	note	note	PROPN
cjal-9207	703	8	106	106	NUM
cjal-9207	703	9	;	;	PUNCT
cjal-9207	703	10	the	the	DET
cjal-9207	703	11	csrc	csrc	NOUN
cjal-9207	703	12	and	and	CCONJ
cjal-9207	703	13	the	the	DET
cjal-9207	703	14	china	china	PROPN
cjal-9207	703	15	insurance	insurance	PROPN
cjal-9207	703	16	regulatory	regulatory	PROPN
cjal-9207	703	17	commission	commission	NOUN
cjal-9207	703	18	share	share	VERB
cjal-9207	703	19	administrative	administrative	ADJ
cjal-9207	703	20	authority	authority	NOUN
cjal-9207	703	21	over	over	ADP
cjal-9207	703	22	the	the	DET
cjal-9207	703	23	operation	operation	NOUN
cjal-9207	703	24	of	of	ADP
cjal-9207	703	25	pension	pension	NOUN
cjal-9207	703	26	insurance	insurance	NOUN
cjal-9207	703	27	funds	fund	NOUN
cjal-9207	703	28	which	which	PRON
cjal-9207	703	29	are	be	AUX
cjal-9207	703	30	also	also	ADV
cjal-9207	703	31	securities	security	NOUN
cjal-9207	703	32	investment	investment	NOUN
cjal-9207	703	33	funds	fund	NOUN
cjal-9207	703	34	;	;	PUNCT
cjal-9207	703	35	the	the	DET
cjal-9207	703	36	authority	authority	NOUN
cjal-9207	703	37	of	of	ADP
cjal-9207	703	38	the	the	DET
cjal-9207	703	39	china	china	PROPN
cjal-9207	703	40	banking	banking	PROPN
cjal-9207	703	41	regulatory	regulatory	ADJ
cjal-9207	703	42	commission	commission	NOUN
cjal-9207	703	43	to	to	PART
cjal-9207	703	44	regulate	regulate	VERB
cjal-9207	703	45	and	and	CCONJ
cjal-9207	703	46	supervise	supervise	VERB
cjal-9207	703	47	the	the	DET
cjal-9207	703	48	entire	entire	ADJ
cjal-9207	703	49	banking	banking	NOUN
cjal-9207	703	50	industry	industry	NOUN
cjal-9207	703	51	includes	include	VERB
cjal-9207	703	52	,	,	PUNCT
cjal-9207	703	53	inter	inter	ADJ
cjal-9207	703	54	alia	alia	NOUN
cjal-9207	703	55	,	,	PUNCT
cjal-9207	703	56	some	some	DET
cjal-9207	703	57	authority	authority	NOUN
cjal-9207	703	58	interface	interface	NOUN
cjal-9207	703	59	with	with	ADP
cjal-9207	703	60	the	the	DET
cjal-9207	703	61	csrc	csrc	NOUN
cjal-9207	703	62	's	's	PART
cjal-9207	703	63	authority	authority	NOUN
cjal-9207	703	64	e.g.	e.g.	ADV
cjal-9207	703	65	,	,	PUNCT
cjal-9207	703	66	over	over	ADP
cjal-9207	703	67	mutual	mutual	ADJ
cjal-9207	703	68	funds	fund	NOUN
cjal-9207	703	69	,	,	PUNCT
cjal-9207	703	70	since	since	SCONJ
cjal-9207	703	71	financial	financial	ADJ
cjal-9207	703	72	in	in	ADP
cjal-9207	703	73	stitutions	stitution	NOUN
cjal-9207	703	74	often	often	ADV
cjal-9207	703	75	operate	operate	VERB
cjal-9207	703	76	as	as	ADP
cjal-9207	703	77	securities	security	NOUN
cjal-9207	703	78	companies	company	NOUN
cjal-9207	703	79	.	.	PUNCT
cjal-9207	704	1	u2	u2	NOUN
cjal-9207	704	2	in	in	ADP
cjal-9207	704	3	fact	fact	NOUN
cjal-9207	704	4	,	,	PUNCT
cjal-9207	704	5	the	the	DET
cjal-9207	704	6	csrc	csrc	NOUN
cjal-9207	704	7	requires	require	VERB
cjal-9207	704	8	disclosure	disclosure	NOUN
cjal-9207	704	9	of	of	ADP
cjal-9207	704	10	the	the	DET
cjal-9207	704	11	votes	vote	NOUN
cjal-9207	704	12	of	of	ADP
cjal-9207	704	13	the	the	DET
cjal-9207	704	14	ten	ten	NUM
cjal-9207	704	15	largest	large	ADJ
cjal-9207	704	16	public	public	ADJ
cjal-9207	704	17	shareholders	shareholder	NOUN
cjal-9207	704	18	on	on	ADP
cjal-9207	704	19	certain	certain	ADJ
cjal-9207	704	20	issues	issue	NOUN
cjal-9207	704	21	discussed	discuss	VERB
cjal-9207	704	22	at	at	ADP
cjal-9207	704	23	a	a	DET
cjal-9207	704	24	shareholders	shareholder	NOUN
cjal-9207	704	25	meeting	meeting	NOUN
cjal-9207	704	26	.	.	PUNCT
cjal-9207	705	1	csrc	csrc	PROPN
cjal-9207	705	2	2004	2004	NUM
cjal-9207	705	3	provisions	provision	NOUN
cjal-9207	705	4	,	,	PUNCT
cjal-9207	705	5	supra	supra	PROPN
cjal-9207	705	6	note	note	PROPN
cjal-9207	705	7	68	68	NUM
cjal-9207	705	8	,	,	PUNCT
cjal-9207	705	9	art	art	NOUN
cjal-9207	705	10	.	.	PUNCT
cjal-9207	706	1	1.1(5	1.1(5	NUM
cjal-9207	706	2	)	)	PUNCT
cjal-9207	706	3	.	.	PUNCT
cjal-9207	707	1	yet	yet	ADV
cjal-9207	707	2	,	,	PUNCT
cjal-9207	707	3	there	there	PRON
cjal-9207	707	4	is	be	VERB
cjal-9207	707	5	no	no	DET
cjal-9207	707	6	affirmative	affirmative	ADJ
cjal-9207	707	7	duty	duty	NOUN
cjal-9207	707	8	of	of	ADP
cjal-9207	707	9	institutional	institutional	ADJ
cjal-9207	707	10	investors	investor	NOUN
cjal-9207	707	11	to	to	PART
cjal-9207	707	12	vote	vote	VERB
cjal-9207	707	13	.	.	PUNCT
cjal-9207	708	1	hence	hence	ADV
cjal-9207	708	2	,	,	PUNCT
cjal-9207	708	3	without	without	ADP
cjal-9207	708	4	a	a	DET
cjal-9207	708	5	corresponding	corresponding	ADJ
cjal-9207	708	6	mandatory	mandatory	ADJ
cjal-9207	708	7	vote	vote	NOUN
cjal-9207	708	8	,	,	PUNCT
cjal-9207	708	9	and	and	CCONJ
cjal-9207	708	10	given	give	VERB
cjal-9207	708	11	institutional	institutional	ADJ
cjal-9207	708	12	investors	investor	NOUN
cjal-9207	708	13	'	'	PART
cjal-9207	708	14	network	network	NOUN
cjal-9207	708	15	affiliation	affiliation	NOUN
cjal-9207	708	16	described	describe	VERB
cjal-9207	708	17	hereto	hereto	VERB
cjal-9207	708	18	,	,	PUNCT
cjal-9207	708	19	such	such	ADJ
cjal-9207	708	20	requirement	requirement	NOUN
cjal-9207	708	21	is	be	AUX
cjal-9207	708	22	more	more	ADV
cjal-9207	708	23	likely	likely	ADV
cjal-9207	708	24	discouraging	discourage	VERB
cjal-9207	708	25	their	their	PRON
cjal-9207	708	26	vote	vote	NOUN
cjal-9207	708	27	altogether	altogether	ADV
cjal-9207	708	28	.	.	PUNCT
cjal-9207	709	1	us	we	PRON
cjal-9207	709	2	see	see	VERB
cjal-9207	709	3	xi	xi	PROPN
cjal-9207	709	4	,	,	PUNCT
cjal-9207	709	5	supra	supra	PROPN
cjal-9207	709	6	note	note	PROPN
cjal-9207	709	7	100	100	NUM
cjal-9207	709	8	,	,	PUNCT
cjal-9207	709	9	at	at	ADP
cjal-9207	709	10	258	258	NUM
cjal-9207	709	11	-	-	NUM
cjal-9207	709	12	-63	-63	NUM
cjal-9207	709	13	;	;	PUNCT
cjal-9207	709	14	michael	michael	PROPN
cjal-9207	709	15	firth	firth	PROPN
cjal-9207	709	16	et	et	PROPN
cjal-9207	709	17	al	al	PROPN
cjal-9207	709	18	.	.	PROPN
cjal-9207	709	19	,	,	PUNCT
cjal-9207	709	20	supra	supra	PROPN
cjal-9207	709	21	note	note	PROPN
cjal-9207	709	22	26	26	NUM
cjal-9207	709	23	,	,	PUNCT
cjal-9207	709	24	at	at	ADP
cjal-9207	709	25	692	692	NUM
cjal-9207	709	26	,	,	PUNCT
cjal-9207	709	27	699	699	NUM
cjal-9207	709	28	-	-	SYM
cjal-9207	709	29	-704	-704	NOUN
cjal-9207	709	30	(	(	PUNCT
cjal-9207	709	31	providing	provide	VERB
cjal-9207	709	32	an	an	DET
cjal-9207	709	33	interesting	interesting	ADJ
cjal-9207	709	34	insight	insight	NOUN
cjal-9207	709	35	into	into	ADP
cjal-9207	709	36	institutional	institutional	ADJ
cjal-9207	709	37	investors	investor	NOUN
cjal-9207	709	38	'	'	PART
cjal-9207	709	39	decisions	decision	NOUN
cjal-9207	709	40	during	during	ADP
cjal-9207	709	41	the	the	DET
cjal-9207	709	42	splitshare	splitshare	NOUN
cjal-9207	709	43	structure	structure	NOUN
cjal-9207	709	44	reform	reform	NOUN
cjal-9207	709	45	,	,	PUNCT
cjal-9207	709	46	when	when	SCONJ
cjal-9207	709	47	mutual	mutual	ADJ
cjal-9207	709	48	funds	fund	NOUN
cjal-9207	709	49	were	be	AUX
cjal-9207	709	50	pressured	pressure	VERB
cjal-9207	709	51	politically	politically	ADV
cjal-9207	709	52	to	to	PART
cjal-9207	709	53	accept	accept	VERB
cjal-9207	709	54	compensation	compensation	NOUN
cjal-9207	709	55	schemes	scheme	NOUN
cjal-9207	709	56	to	to	PART
cjal-9207	709	57	rush	rush	VERB
cjal-9207	709	58	the	the	DET
cjal-9207	709	59	implementation	implementation	NOUN
cjal-9207	709	60	of	of	ADP
cjal-9207	709	61	the	the	DET
cjal-9207	709	62	reform	reform	NOUN
cjal-9207	709	63	,	,	PUNCT
cjal-9207	709	64	even	even	ADV
cjal-9207	709	65	when	when	SCONJ
cjal-9207	709	66	not	not	PART
cjal-9207	709	67	in	in	ADP
cjal-9207	709	68	the	the	DET
cjal-9207	709	69	best	good	ADJ
cjal-9207	709	70	interests	interest	NOUN
cjal-9207	709	71	of	of	ADP
cjal-9207	709	72	their	their	PRON
cjal-9207	709	73	unit	unit	NOUN
cjal-9207	709	74	holders	holder	NOUN
cjal-9207	709	75	)	)	PUNCT
cjal-9207	709	76	.	.	PUNCT
cjal-9207	710	1	114	114	NUM
cjal-9207	710	2	see	see	VERB
cjal-9207	710	3	,	,	PUNCT
cjal-9207	710	4	e.g.	e.g.	ADV
cjal-9207	710	5	,	,	PUNCT
cjal-9207	710	6	lardy	lardy	ADJ
cjal-9207	710	7	,	,	PUNCT
cjal-9207	710	8	supra	supra	PROPN
cjal-9207	710	9	note	note	NOUN
cjal-9207	710	10	27	27	NUM
cjal-9207	710	11	,	,	PUNCT
cjal-9207	710	12	at	at	ADP
cjal-9207	710	13	20	20	NUM
cjal-9207	710	14	-	-	SYM
cjal-9207	710	15	23	23	NUM
cjal-9207	710	16	(	(	PUNCT
cjal-9207	710	17	measuring	measure	VERB
cjal-9207	710	18	state	state	NOUN
cjal-9207	710	19	control	control	NOUN
cjal-9207	710	20	over	over	ADP
cjal-9207	710	21	the	the	DET
cjal-9207	710	22	financial	financial	ADJ
cjal-9207	710	23	industry	industry	NOUN
cjal-9207	710	24	by	by	ADP
cjal-9207	710	25	asset	asset	NOUN
cjal-9207	710	26	-	-	PUNCT
cjal-9207	710	27	holding	hold	VERB
cjal-9207	710	28	ratio	ratio	NOUN
cjal-9207	710	29	(	(	PUNCT
cjal-9207	710	30	private	private	ADJ
cjal-9207	710	31	bank	bank	NOUN
cjal-9207	710	32	assets	asset	NOUN
cjal-9207	710	33	account	account	VERB
cjal-9207	710	34	for	for	ADP
cjal-9207	710	35	only	only	ADV
cjal-9207	710	36	17	17	NUM
cjal-9207	710	37	percent	percent	NOUN
cjal-9207	710	38	of	of	ADP
cjal-9207	710	39	all	all	DET
cjal-9207	710	40	bank	bank	NOUN
cjal-9207	710	41	assets	asset	NOUN
cjal-9207	710	42	,	,	PUNCT
cjal-9207	710	43	and	and	CCONJ
cjal-9207	710	44	a	a	DET
cjal-9207	710	45	more	more	ADV
cjal-9207	710	46	limited	limited	ADJ
cjal-9207	710	47	scope	scope	NOUN
cjal-9207	710	48	is	be	AUX
cjal-9207	710	49	ascribed	ascribe	VERB
cjal-9207	710	50	to	to	ADP
cjal-9207	710	51	institutional	institutional	ADJ
cjal-9207	710	52	investors	investor	NOUN
cjal-9207	710	53	)	)	PUNCT
cjal-9207	710	54	,	,	PUNCT
cjal-9207	710	55	and	and	CCONJ
cjal-9207	710	56	by	by	ADP
cjal-9207	710	57	the	the	DET
cjal-9207	710	58	reshuffle	reshuffle	NOUN
cjal-9207	710	59	of	of	ADP
cjal-9207	710	60	senior	senior	ADJ
cjal-9207	710	61	executives	executive	NOUN
cjal-9207	710	62	between	between	ADP
cjal-9207	710	63	state	state	NOUN
cjal-9207	710	64	administration	administration	NOUN
cjal-9207	710	65	and	and	CCONJ
cjal-9207	710	66	the	the	DET
cjal-9207	710	67	industry	industry	NOUN
cjal-9207	710	68	,	,	PUNCT
cjal-9207	710	69	for	for	ADP
cjal-9207	710	70	example	example	NOUN
cjal-9207	710	71	,	,	PUNCT
cjal-9207	710	72	between	between	ADP
cjal-9207	710	73	the	the	DET
cjal-9207	710	74	central	central	ADJ
cjal-9207	710	75	bank	bank	NOUN
cjal-9207	710	76	,	,	PUNCT
cjal-9207	710	77	to	to	ADP
cjal-9207	710	78	commercial	commercial	ADJ
cjal-9207	710	79	banks	bank	NOUN
cjal-9207	710	80	and	and	CCONJ
cjal-9207	710	81	branches	branch	NOUN
cjal-9207	710	82	of	of	ADP
cjal-9207	710	83	the	the	DET
cjal-9207	710	84	administration	administration	NOUN
cjal-9207	710	85	such	such	ADJ
cjal-9207	710	86	as	as	ADP
cjal-9207	710	87	china	china	PROPN
cjal-9207	710	88	banking	banking	PROPN
cjal-9207	710	89	regulatory	regulatory	ADJ
cjal-9207	710	90	commission	commission	NOUN
cjal-9207	710	91	and	and	CCONJ
cjal-9207	710	92	the	the	DET
cjal-9207	710	93	csrc	csrc	NOUN
cjal-9207	710	94	)	)	PUNCT
cjal-9207	710	95	.	.	PUNCT
cjal-9207	711	1	32	32	NUM
cjal-9207	711	2	columbia	columbia	PROPN
cjal-9207	711	3	jour.\'al	jour.\'al	PROPN
cjal-9207	711	4	of	of	ADP
cjal-9207	711	5	a	a	DET
cjal-9207	711	6	su.s	su.s	PROPN
cjal-9207	711	7	la	la	PROPN
cjal-9207	711	8	ii	ii	PROPN
cjal-9207	711	9	'	'	PART
cjal-9207	711	10	(	(	PUNCT
cjal-9207	711	11	\'ol	\'ol	PROPN
cjal-9207	711	12	.	.	PUNCT
cjal-9207	712	1	30:1	30:1	NUM
cjal-9207	712	2	investment	investment	NOUN
cjal-9207	712	3	vehicles	vehicle	NOUN
cjal-9207	712	4	,	,	PUNCT
cjal-9207	712	5	securities	security	NOUN
cjal-9207	712	6	companies	company	NOUN
cjal-9207	712	7	and	and	CCONJ
cjal-9207	712	8	banks	bank	NOUN
cjal-9207	712	9	.	.	PUNCT
cjal-9207	713	1	11~	11~	NUM
cjal-9207	713	2	this	this	DET
cjal-9207	713	3	control	control	NOUN
cjal-9207	713	4	model	model	NOUN
cjal-9207	713	5	certainly	certainly	ADV
cjal-9207	713	6	poses	pose	VERB
cjal-9207	713	7	difficulties	difficulty	NOUN
cjal-9207	713	8	for	for	SCONJ
cjal-9207	713	9	institutional	institutional	ADJ
cjal-9207	713	10	investors	investor	NOUN
cjal-9207	713	11	to	to	PART
cjal-9207	713	12	act	act	VERB
cjal-9207	713	13	autonomously	autonomously	ADV
cjal-9207	713	14	from	from	ADP
cjal-9207	713	15	the	the	DET
cjal-9207	713	16	larger	large	ADJ
cjal-9207	713	17	party	party	NOUN
cjal-9207	713	18	-	-	PUNCT
cjal-9207	713	19	state	state	NOUN
cjal-9207	713	20	groups	group	NOUN
cjal-9207	713	21	with	with	ADP
cjal-9207	713	22	re	re	NOUN
cjal-9207	713	23	·	·	VERB
cjal-9207	713	24	pect	pect	VERB
cjal-9207	713	25	to	to	ADP
cjal-9207	713	26	the	the	DET
cjal-9207	713	27	governance	governance	NOUN
cjal-9207	713	28	of	of	ADP
cjal-9207	713	29	specific	specific	ADJ
cjal-9207	713	30	listed	list	VERB
cjal-9207	713	31	firms	firm	NOUN
cjal-9207	713	32	.	.	PUNCT
cjal-9207	714	1	hence	hence	ADV
cjal-9207	714	2	,	,	PUNCT
cjal-9207	714	3	even	even	ADV
cjal-9207	714	4	if	if	SCONJ
cjal-9207	714	5	the	the	PRON
cjal-9207	714	6	.	.	PUNCT
cjal-9207	715	1	market	market	NOUN
cjal-9207	715	2	sh	sh	PROPN
cjal-9207	715	3	~	~	NOUN
cjal-9207	715	4	re	re	NOUN
cjal-9207	715	5	of	of	ADP
cjal-9207	715	6	domestic	domestic	ADJ
cjal-9207	715	7	institutional	institutional	ADJ
cjal-9207	715	8	investors	investor	NOUN
cjal-9207	715	9	in	in	ADP
cjal-9207	715	10	china	china	PROPN
cjal-9207	715	11	grows	grow	VERB
cjal-9207	715	12	,	,	PUNCT
cjal-9207	715	13	that	that	DET
cjal-9207	715	14	rncrea	rncrea	NOUN
cjal-9207	715	15	~	~	NOUN
cjal-9207	715	16	e	e	NOUN
cjal-9207	715	17	will	will	AUX
cjal-9207	715	18	not	not	PART
cjal-9207	715	19	translate	translate	VERB
cjal-9207	715	20	into	into	ADP
cjal-9207	715	21	any	any	DET
cjal-9207	715	22	reduction	reduction	NOUN
cjal-9207	715	23	in	in	ADP
cjal-9207	715	24	party	party	NOUN
cjal-9207	715	25	-	-	PUNCT
cjal-9207	715	26	state	state	NOUN
cjal-9207	715	27	control	control	NOUN
cjal-9207	715	28	or	or	CCONJ
cjal-9207	715	29	to	to	ADP
cjal-9207	715	30	any	any	DET
cjal-9207	715	31	increa-.e	increa-.e	NOUN
cjal-9207	715	32	in	in	ADP
cjal-9207	715	33	participation	participation	NOUN
cjal-9207	715	34	by	by	ADP
cjal-9207	715	35	institutional	institutional	ADJ
cjal-9207	715	36	investors	investor	NOUN
cjal-9207	715	37	in	in	ADP
cjal-9207	715	38	corporate	corporate	ADJ
cjal-9207	715	39	governance	governance	NOUN
cjal-9207	715	40	for	for	ADP
cjal-9207	715	41	the	the	DET
cjal-9207	715	42	benefit	benefit	NOUN
cjal-9207	715	43	of	of	ADP
cjal-9207	715	44	minority	minority	NOUN
cjal-9207	715	45	public	public	ADJ
cjal-9207	715	46	shareholders	shareholder	NOUN
cjal-9207	715	47	.	.	PUNCT
cjal-9207	716	1	quite	quite	DET
cjal-9207	716	2	the	the	DET
cjal-9207	716	3	contrary	contrary	NOUN
cjal-9207	716	4	i	i	PRON
cjal-9207	716	5	argue	argue	VERB
cjal-9207	716	6	.	.	PUNCT
cjal-9207	717	1	this	this	DET
cjal-9207	717	2	control	control	PROPN
cjal-9207	717	3	st	st	PROPN
cjal-9207	717	4	ru	ru	PROPN
cjal-9207	717	5	cture	cture	PROPN
cjal-9207	717	6	makes	make	VERB
cjal-9207	717	7	the	the	DET
cjal-9207	717	8	role	role	NOUN
cjal-9207	717	9	of	of	ADP
cjal-9207	717	10	institutional	institutional	ADJ
cjal-9207	717	11	inve:-tor	inve:-tor	NOUN
cjal-9207	717	12	:	:	PUNCT
cjal-9207	717	13	in	in	ADP
cjal-9207	717	14	the	the	DET
cjal-9207	717	15	prc	prc	PROPN
cjal-9207	717	16	more	more	ADV
cjal-9207	717	17	conflicted	conflicted	ADJ
cjal-9207	717	18	than	than	ADP
cjal-9207	717	19	in	in	ADP
cjal-9207	717	20	other	other	ADJ
cjal-9207	717	21	concentrated	concentrated	ADJ
cjal-9207	717	22	mark	mark	NOUN
cjal-9207	717	23	ets	et	NOUN
cjal-9207	717	24	.	.	PUNCT
cjal-9207	718	1	therefore	therefore	ADV
cjal-9207	718	2	,	,	PUNCT
cjal-9207	718	3	the	the	DET
cjal-9207	718	4	solutions	solution	NOUN
cjal-9207	718	5	applied	apply	VERB
cjal-9207	718	6	in	in	ADP
cjal-9207	718	7	other	other	ADJ
cjal-9207	718	8	concentrated	concentrated	ADJ
cjal-9207	718	9	markets	market	NOUN
cjal-9207	718	10	to	to	PART
cjal-9207	718	11	empower	empower	VERB
cjal-9207	718	12	institutional	institutional	ADJ
cjal-9207	718	13	investors	investor	NOUN
cjal-9207	718	14	and	and	CCONJ
cjal-9207	718	15	ad	ad	NOUN
cjal-9207	718	16	dre	dre	NOUN
cjal-9207	718	17	ss	ss	VERB
cjal-9207	718	18	their	their	PRON
cjal-9207	718	19	passivity	passivity	NOUN
cjal-9207	718	20	and	and	CCONJ
cjal-9207	718	21	conflicted	conflicted	ADJ
cjal-9207	718	22	position	position	NOUN
cjal-9207	718	23	,	,	PUNCT
cjal-9207	718	24	may	may	AUX
cjal-9207	718	25	not	not	PART
cjal-9207	718	26	work	work	VERB
cjal-9207	718	27	in	in	ADP
cjal-9207	718	28	the	the	DET
cjal-9207	718	29	chinese	chinese	ADJ
cjal-9207	718	30	context	context	NOUN
cjal-9207	718	31	.	.	PUNCT
cjal-9207	719	1	for	for	ADP
cjal-9207	719	2	example	example	NOUN
cjal-9207	719	3	,	,	PUNCT
cjal-9207	719	4	the	the	DET
cjal-9207	719	5	institutional	institutional	ADJ
cjal-9207	719	6	investor	investor	NOUN
cjal-9207	719	7	industry	industry	NOUN
cjal-9207	719	8	embedded	embed	VERB
cjal-9207	719	9	in	in	ADP
cjal-9207	719	10	the	the	DET
cjal-9207	719	11	same	same	ADJ
cjal-9207	719	12	party	party	NOUN
cjal-9207	719	13	-	-	PUNCT
cjal-9207	719	14	state	state	NOUN
cjal-9207	719	15	system	system	NOUN
cjal-9207	719	16	won	win	VERB
cjal-9207	719	17	'	'	PUNCT
cjal-9207	719	18	t	t	NOUN
cjal-9207	719	19	exerci	exerci	VERB
cjal-9207	719	20	~	~	ADP
cjal-9207	719	21	e	e	X
cjal-9207	719	22	even	even	ADV
cjal-9207	719	23	a	a	DET
cjal-9207	719	24	formally	formally	ADV
cjal-9207	719	25	granted	grant	VERB
cjal-9207	719	26	minority	minority	NOUN
cjal-9207	719	27	veto	veto	NOUN
cjal-9207	719	28	against	against	ADP
cjal-9207	719	29	party	party	NOUN
cjal-9207	719	30	-	-	PUNCT
cjal-9207	719	31	state	state	NOUN
cjal-9207	719	32	controlling	control	VERB
cjal-9207	719	33	shareholders	shareholder	NOUN
cjal-9207	719	34	(	(	PUNCT
cjal-9207	719	35	provided	provide	VERB
cjal-9207	719	36	for	for	ADP
cjal-9207	719	37	in	in	ADP
cjal-9207	719	38	the	the	DET
cjal-9207	719	39	csrc	csrc	NOUN
cjal-9207	719	40	2004	2004	NUM
cjal-9207	719	41	provisions	provision	NOUN
cjal-9207	719	42	)	)	PUNCT
cjal-9207	719	43	.116	.116	VERB
cjal-9207	720	1	likewise	likewise	ADV
cjal-9207	720	2	,	,	PUNCT
cjal-9207	720	3	an	an	DET
cjal-9207	720	4	effort	effort	NOUN
cjal-9207	720	5	like	like	ADP
cjal-9207	720	6	the	the	DET
cjal-9207	720	7	one	one	NOUN
cjal-9207	720	8	taken	take	VERB
cjal-9207	720	9	by	by	ADP
cjal-9207	720	10	the	the	DET
cjal-9207	720	11	israeli	israeli	ADJ
cjal-9207	720	12	legislator	legislator	NOUN
cjal-9207	720	13	to	to	PART
cjal-9207	720	14	di	di	VERB
cjal-9207	720	15	~	~	VERB
cjal-9207	720	16	entangle	entangle	VERB
cjal-9207	720	17	institutional	institutional	ADJ
cjal-9207	720	18	investors	investor	NOUN
cjal-9207	720	19	and	and	CCONJ
cjal-9207	720	20	other	other	ADJ
cjal-9207	720	21	financial	financial	ADJ
cjal-9207	720	22	service	service	NOUN
cjal-9207	720	23	firm	firm	NOUN
cjal-9207	720	24	from	from	ADP
cjal-9207	720	25	listed	list	VERB
cjal-9207	720	26	companies	company	NOUN
cjal-9207	720	27	and	and	CCONJ
cjal-9207	720	28	their	their	PRON
cjal-9207	720	29	bu	bu	ADJ
cjal-9207	720	30	siness	siness	NOUN
cjal-9207	720	31	groups	group	NOUN
cjal-9207	720	32	117	117	NUM
cjal-9207	720	33	is	be	AUX
cjal-9207	720	34	probably	probably	ADV
cjal-9207	720	35	not	not	PART
cjal-9207	720	36	a	a	DET
cjal-9207	720	37	viable	viable	ADJ
cjal-9207	720	38	option	option	NOUN
cjal-9207	720	39	in	in	ADP
cjal-9207	720	40	the	the	DET
cjal-9207	720	41	chinese	chinese	ADJ
cjal-9207	720	42	case	case	NOUN
cjal-9207	720	43	,	,	PUNCT
cjal-9207	720	44	because	because	SCONJ
cjal-9207	720	45	simply	simply	ADV
cjal-9207	720	46	separatmg	separatmg	NOUN
cjal-9207	720	47	mve	mve	VERB
cjal-9207	720	48	tment	tment	ADJ
cjal-9207	720	49	service:-institutions	service:-institutions	PROPN
cjal-9207	720	50	from	from	ADP
cjal-9207	720	51	corporate	corporate	ADJ
cjal-9207	720	52	groups	group	NOUN
cjal-9207	720	53	will	will	AUX
cjal-9207	720	54	not	not	PART
cjal-9207	720	55	suffice	suffice	VERB
cjal-9207	720	56	to	to	PART
cjal-9207	720	57	eliminate	eliminate	VERB
cjal-9207	720	58	the	the	DET
cjal-9207	720	59	complex	complex	ADJ
cjal-9207	720	60	conflicts	conflict	NOUN
cjal-9207	720	61	of	of	ADP
cjal-9207	720	62	interest	interest	NOUN
cjal-9207	720	63	that	that	PRON
cjal-9207	720	64	exist	exist	VERB
cjal-9207	720	65	.	.	PUNCT
cjal-9207	721	1	in	in	ADP
cjal-9207	721	2	china	china	PROPN
cjal-9207	721	3	,	,	PUNCT
cjal-9207	721	4	real	real	ADJ
cjal-9207	721	5	independence	independence	NOUN
cjal-9207	721	6	of	of	ADP
cjal-9207	721	7	institutional	institutional	ADJ
cjal-9207	721	8	investors	investor	NOUN
cjal-9207	721	9	from	from	ADP
cjal-9207	721	10	the	the	DET
cjal-9207	721	11	corporate	corporate	ADJ
cjal-9207	721	12	group	group	NOUN
cjal-9207	721	13	requires	require	VERB
cjal-9207	721	14	their	their	PRON
cjal-9207	721	15	independence	independence	NOUN
cjal-9207	721	16	from	from	ADP
cjal-9207	721	17	the	the	DET
cjal-9207	721	18	party	party	NOUN
cjal-9207	721	19	-	-	PUNCT
cjal-9207	721	20	state	state	NOUN
cjal-9207	721	21	,	,	PUNCT
cjal-9207	721	22	and	and	CCONJ
cjal-9207	721	23	thus	thus	ADV
cjal-9207	721	24	more	more	ADV
cjal-9207	721	25	extr	extr	PROPN
cjal-9207	721	26	e	e	NOUN
cjal-9207	721	27	me	i	PRON
cjal-9207	721	28	privatization	privatization	NOUN
cjal-9207	721	29	.	.	PUNCT
cjal-9207	722	1	it	it	PRON
cjal-9207	722	2	would	would	AUX
cjal-9207	722	3	entail	entail	VERB
cjal-9207	722	4	an	an	DET
cjal-9207	722	5	overh	overh	ADJ
cjal-9207	722	6	aul	aul	NOUN
cjal-9207	722	7	of	of	ADP
cjal-9207	722	8	the	the	DET
cjal-9207	722	9	entire	entire	ADJ
cjal-9207	722	10	political	political	ADJ
cjal-9207	722	11	econ	econ	NOUN
cjal-9207	722	12	omya	omya	ADJ
cjal-9207	722	13	sensitive	sensitive	ADJ
cjal-9207	722	14	reorganization	reorganization	NOUN
cjal-9207	722	15	of	of	ADP
cjal-9207	722	16	local	local	ADJ
cjal-9207	722	17	-	-	PUNCT
cjal-9207	722	18	go	go	NOUN
cjal-9207	722	19	vernment	vernment	NOUN
cjal-9207	722	20	powers	power	NOUN
cjal-9207	722	21	over	over	ADP
cjal-9207	722	22	listed	list	VERB
cjal-9207	722	23	firms	firm	NOUN
cjal-9207	722	24	.	.	PUNCT
cjal-9207	723	1	118	118	NUM
cjal-9207	723	2	this	this	DET
cjal-9207	723	3	scenario	scenario	NOUN
cjal-9207	723	4	is	be	AUX
cjal-9207	723	5	unlikely	unlikely	ADJ
cjal-9207	723	6	mainl	mainl	X
cjal-9207	723	7	y	y	PROPN
cjal-9207	723	8	because	because	SCONJ
cjal-9207	723	9	such	such	DET
cjal-9207	723	10	an	an	DET
cjal-9207	723	11	overhaul	overhaul	NOUN
cjal-9207	723	12	will	will	AUX
cjal-9207	723	13	eradicate	eradicate	VERB
cjal-9207	723	14	the	the	DET
cjal-9207	723	15	reaso	reaso	NOUN
cjal-9207	723	16	ns	ns	INTJ
cjal-9207	723	17	for	for	ADP
cjal-9207	723	18	which	which	PRON
cjal-9207	723	19	the	the	DET
cjal-9207	723	20	chinese	chinese	ADJ
cjal-9207	723	21	state	state	NOUN
cjal-9207	723	22	-	-	PUNCT
cjal-9207	723	23	capitalism	capitalism	NOUN
cjal-9207	723	24	system	system	NOUN
cjal-9207	723	25	was	be	AUX
cjal-9207	723	26	established	establish	VERB
cjal-9207	723	27	in	in	ADP
cjal-9207	723	28	the	the	DET
cjal-9207	723	29	first	first	ADJ
cjal-9207	723	30	place	place	NOUN
cjal-9207	723	31	and	and	CCONJ
cjal-9207	723	32	maintain	maintain	VERB
cjal-9207	723	33	ed	ed	NOUN
cjal-9207	723	34	thus	thus	ADV
cjal-9207	723	35	far.119	far.119	PROPN
cjal-9207	723	36	consequently	consequently	ADV
cjal-9207	723	37	,	,	PUNCT
cjal-9207	723	38	for	for	ADP
cjal-9207	723	39	th	th	X
cjal-9207	723	40	ese	ese	NOUN
cjal-9207	723	41	given	give	VERB
cjal-9207	723	42	political	political	ADJ
cjal-9207	723	43	economy	economy	NOUN
cjal-9207	723	44	impediments	impediment	NOUN
cjal-9207	723	45	,	,	PUNCT
cjal-9207	723	46	it	it	PRON
cjal-9207	723	47	seems	seem	VERB
cjal-9207	723	48	that	that	SCONJ
cjal-9207	723	49	the	the	DET
cjal-9207	723	50	primary	primary	ADJ
cjal-9207	723	51	route	route	NOUN
cjal-9207	723	52	for	for	ADP
cjal-9207	723	53	institutional	institutional	ADJ
cjal-9207	723	54	investors	investor	NOUN
cjal-9207	723	55	m	m	PROPN
cjal-9207	723	56	china	china	PROPN
cjal-9207	723	57	to	to	PART
cjal-9207	723	58	become	become	VERB
cjal-9207	723	59	more	more	ADV
cjal-9207	723	60	involved	involved	ADJ
cjal-9207	723	61	in	in	ADP
cjal-9207	723	62	the	the	DET
cjal-9207	723	63	interests	interest	NOUN
cjal-9207	723	64	of	of	ADP
cjal-9207	723	65	their	their	PRON
cjal-9207	723	66	unit	unit	NOUN
cjal-9207	723	67	holders	holder	NOUN
cjal-9207	723	68	will	will	AUX
cjal-9207	723	69	specificall	specificall	VERB
cjal-9207	723	70	y	y	PRON
cjal-9207	723	71	require	require	VERB
cjal-9207	723	72	a	a	DET
cjal-9207	723	73	n	n	NOUN
cjal-9207	723	74	increase	increase	NOUN
cjal-9207	723	75	in	in	ADP
cjal-9207	723	76	the	the	DET
cjal-9207	723	77	segment	segment	NOUN
cjal-9207	723	78	of	of	ADP
cjal-9207	723	79	institutional	institutional	ADJ
cjal-9207	723	80	investors	investor	NOUN
cjal-9207	723	81	?	?	PUNCT
cjal-9207	724	1	ot	ot	VERB
cjal-9207	724	2	directly	directly	ADV
cjal-9207	724	3	subject	subject	ADJ
cjal-9207	724	4	to	to	ADP
cjal-9207	724	5	control	control	NOUN
cjal-9207	724	6	by	by	ADP
cjal-9207	724	7	the	the	DET
cjal-9207	724	8	prc	prc	PROPN
cjal-9207	724	9	party	party	NOUN
cjal-9207	724	10	-	-	PUNCT
cjal-9207	724	11	state	state	NOUN
cjal-9207	724	12	.	.	PUNCT
cjal-9207	725	1	while	while	SCONJ
cjal-9207	725	2	the	the	DET
cjal-9207	725	3	mdep	mdep	NOUN
cjal-9207	725	4	endence	endence	NOUN
cjal-9207	725	5	of	of	ADP
cjal-9207	725	6	domestic	domestic	ADJ
cjal-9207	725	7	institutional	institutional	ADJ
cjal-9207	725	8	investors	investor	NOUN
cjal-9207	725	9	from	from	ADP
cjal-9207	725	10	corporate	corporate	ADJ
cjal-9207	725	11	groups	group	NOUN
cjal-9207	725	12	ii	ii	NOUN
cjal-9207	725	13	~	~	PUNCT
cjal-9207	725	14	kim	kim	PROPN
cjal-9207	725	15	e	e	PROPN
cjal-9207	725	16	t	t	PROPN
cjal-9207	725	17	al	al	PROPN
cjal-9207	725	18	.	.	PROPN
cjal-9207	725	19	,	,	PUNCT
cjal-9207	725	20	supra	supra	PROPN
cjal-9207	725	21	note	note	PROPN
cjal-9207	725	22	105	105	NUM
cjal-9207	725	23	;	;	PUNCT
cjal-9207	725	24	see	see	VERB
cjal-9207	725	25	also	also	ADV
cjal-9207	725	26	ho:-:a	ho:-:a	PROPN
cjal-9207	725	27	ko:-:a	ko:-:a	PROPN
cjal-9207	725	28	st	st	PROPN
cjal-9207	725	29	ock	ock	PROPN
cjal-9207	725	30	ex	ex	PRON
cjal-9207	725	31	chaxge	chaxge	NOUN
cjal-9207	725	32	ixstitutio),;al	ixstitutio),;al	PROPN
cjal-9207	725	33	investors	investor	NOUN
cjal-9207	725	34	in	in	ADP
cjal-9207	725	35	mainland	mainland	NOUN
cjal-9207	725	36	china	china	PROPN
cjal-9207	725	37	(	(	PUNCT
cjal-9207	725	38	2004	2004	NUM
cjal-9207	725	39	)	)	PUNCT
cjal-9207	725	40	htt	htt	NOUN
cjal-9207	725	41	·	·	PUNCT
cjal-9207	725	42	//	//	SYM
cjal-9207	725	43	k	k	X
cjal-9207	725	44	'	'	PUNCT
cjal-9207	725	45	•	•	NOUN
cjal-9207	725	46	,	,	PUNCT
cjal-9207	725	47	ps	ps	PROPN
cjal-9207	725	48	.	.	PUNCT
cjal-9207	726	1	www.h	www.h	PROPN
cjal-9207	726	2	ex.com.hk/eng/	ex.com.hk/eng/	NUM
cjal-9207	726	3	s	s	NOUN
cjal-9207	726	4	tat	tat	NOUN
cjal-9207	726	5	/	/	SYM
cjal-9207	726	6	research	research	NOUN
cjal-9207	726	7	/	/	SYM
cjal-9207	726	8	rpaper	rpaper	NOUN
cjal-9207	726	9	/	/	SYM
cjal-9207	726	10	documents	document	NOUN
cjal-9207	726	11	/	/	SYM
cjal-9207	726	12	iimc.pdf	iimc.pdf	X
cjal-9207	726	13	.	.	NOUN
cjal-9207	727	1	116	116	NUM
cjal-9207	728	1	the	the	DET
cjal-9207	728	2	owner	owner	NOUN
cjal-9207	728	3	ship	ship	NOUN
cjal-9207	728	4	-	-	PUNCT
cjal-9207	728	5	ma	ma	PROPN
cjal-9207	728	6	~	~	PROPN
cjal-9207	728	7	ket	ket	NOUN
cjal-9207	728	8	_	_	PRON
cjal-9207	728	9	st	st	X
cjal-9207	728	10	~	~	NOUN
cjal-9207	728	11	cture	cture	NOUN
cjal-9207	728	12	and	and	CCONJ
cjal-9207	728	13	th	th	X
cjal-9207	728	14	e	e	NOUN
cjal-9207	728	15	network	network	NOUN
cjal-9207	728	16	of	of	ADP
cjal-9207	728	17	co	co	PROPN
cjal-9207	728	18	nfli	nfli	PROPN
cjal-9207	728	19	cting	cting	NOUN
cjal-9207	728	20	interests	interest	NOUN
cjal-9207	728	21	make	make	VERB
cjal-9207	728	22	1	1	NUM
cjal-9207	728	23	t	t	NOUN
cjal-9207	728	24	reasonable	reasonable	ADJ
cjal-9207	728	25	to	to	PART
cjal-9207	728	26	assume	assume	VERB
cjal-9207	728	27	that	that	SCONJ
cjal-9207	728	28	mst1tutional	mst1tutional	ADJ
cjal-9207	728	29	investors	investor	NOUN
cjal-9207	728	30	wh	wh	VERB
cjal-9207	728	31	·	·	PUNCT
cjal-9207	729	1	i	i	PRON
cjal-9207	729	2	•	•	VERB
cjal-9207	729	3	•	•	X
cjal-9207	729	4	·	·	PUNCT
cjal-9207	729	5	negotiatio	negotiatio	NOUN
cjal-9207	729	6	,	,	PUNCT
cjal-9207	729	7	ns	ns	INTJ
cjal-9207	729	8	as	as	ADP
cjal-9207	729	9	their	their	PRON
cjal-9207	729	10	pr	pr	NOUN
cjal-9207	729	11	eferred	eferre	VERB
cjal-9207	729	12	method	method	NOUN
cjal-9207	729	13	.	.	PUNCT
cjal-9207	729	14	'	'	PUNCT
cjal-9207	730	1	en	en	PROPN
cjal-9207	730	2	mvo	mvo	PROPN
cjal-9207	730	3	ved	ve	VERB
cjal-9207	730	4	,	,	PUNCT
cjal-9207	730	5	will	will	AUX
cjal-9207	730	6	take	take	VERB
cjal-9207	730	7	mformal	mformal	ADJ
cjal-9207	730	8	pnvate	pnvate	VERB
cjal-9207	730	9	117	117	NUM
cjal-9207	730	10	see	see	NOUN
cjal-9207	730	11	notes	note	NOUN
cjal-9207	730	12	89	89	NUM
cjal-9207	730	13	&	&	CCONJ
cjal-9207	730	14	99	99	NUM
cjal-9207	730	15	,	,	PUNCT
cjal-9207	730	16	supra	supra	NOUN
cjal-9207	730	17	,	,	PUNCT
cjal-9207	730	18	and	and	CCONJ
cjal-9207	730	19	associated	associated	ADJ
cjal-9207	730	20	text	text	NOUN
cjal-9207	730	21	118	118	NUM
cjal-9207	730	22	whil	whil	NOUN
cjal-9207	730	23	e	e	VERB
cjal-9207	730	24	not	not	PART
cjal-9207	730	25	advocating	advocate	VERB
cjal-9207	730	26	for	for	ADP
cjal-9207	730	27	the	the	DET
cjal-9207	730	28	possibility	possibility	NOUN
cjal-9207	730	29	of	of	ADP
cjal-9207	730	30	.	.	PUNCT
cjal-9207	730	31	·	·	PUNCT
cjal-9207	730	32	·	·	PUNCT
cjal-9207	730	33	·	·	PUNCT
cjal-9207	731	1	discuss	discuss	VERB
cjal-9207	731	2	es	es	VERB
cjal-9207	731	3	some	some	DET
cjal-9207	731	4	potential	potential	ADJ
cjal-9207	731	5	ch	ch	NOUN
cjal-9207	731	6	ng	ng	PROPN
cjal-9207	731	7	·	·	PUNCT
cjal-9207	731	8	th	th	X
cjal-9207	731	9	r.	r.	PROPN
cjal-9207	731	10	privatization	privatization	NOUN
cjal-9207	731	11	,	,	PUNCT
cjal-9207	731	12	part	part	NOUN
cjal-9207	731	13	b	b	PROPN
cjal-9207	731	14	of	of	ADP
cjal-9207	731	15	this	this	PRON
cjal-9207	731	16	.	.	PUNCT
cjal-9207	732	1	.-\r.ticle	.-\r.ticle	PROPN
cjal-9207	732	2	.	.	PUNCT
cjal-9207	732	3	.	.	PUNCT
cjal-9207	733	1	a	a	DET
cjal-9207	733	2	es	es	X
cjal-9207	733	3	1n	1n	NUM
cjal-9207	733	4	e	e	NOUN
cjal-9207	733	5	1orm	1orm	NOUN
cjal-9207	733	6	of	of	ADP
cjal-9207	733	7	party	party	NOUN
cjal-9207	733	8	-	-	PUNCT
cjal-9207	733	9	st	st	PROPN
cjal-9207	733	10	t	t	PROPN
cjal-9207	733	11	1	1	NUM
cjal-9207	733	12	.	.	PUNCT
cjal-9207	733	13	·	·	PUNCT
cjal-9207	734	1	fi	fi	NOUN
cjal-9207	734	2	h	h	NOUN
cjal-9207	734	3	"	"	PUNCT
cjal-9207	734	4	h	h	NOUN
cjal-9207	734	5	may	may	AUX
cjal-9207	734	6	mfluen	mfluen	PROPN
cjal-9207	734	7	ce	ce	PROPN
cjal-9207	734	8	the	the	DET
cjal-9207	734	9	mcentive	mcentive	ADJ
cjal-9207	734	10	s	s	PROPN
cjal-9207	734	11	of	of	ADP
cjal-9207	734	12	·	·	PUNCT
cjal-9207	734	13	t·t	t·t	ADP
cjal-9207	734	14	t	t	PROPN
cjal-9207	734	15	·	·	PUNCT
cjal-9207	734	16	al	al	PROPN
cjal-9207	734	17	.	.	PUNCT
cjal-9207	735	1	e	e	X
cjal-9207	735	2	contro	contro	VERB
cjal-9207	735	3	o"er	o"er	NOUN
cjal-9207	735	4	listed	list	VERB
cjal-9207	735	5	mu,,\\	mu,,\\	NOUN
cjal-9207	735	6	1c	1c	NOUN
cjal-9207	735	7	in	in	ADP
cjal-9207	735	8	s	s	NOUN
cjal-9207	735	9	1	1	NUM
cjal-9207	735	10	u	u	NOUN
cjal-9207	735	11	10n	10n	NOUN
cjal-9207	735	12	mvestors	mvestor	NOUN
cjal-9207	735	13	m	m	VERB
cjal-9207	735	14	·	·	PUNCT
cjal-9207	735	15	·	·	SYM
cjal-9207	735	16	1	1	X
cjal-9207	735	17	·	·	PUNCT
cjal-9207	735	18	d	d	X
cjal-9207	735	19	·	·	PUNCT
cjal-9207	735	20	h	h	NOUN
cjal-9207	735	21	t	t	NOUN
cjal-9207	735	22	greater	great	ADJ
cjal-9207	735	23	market	market	NOUN
cjal-9207	735	24	involvement	involvement	NOUN
cjal-9207	735	25	.	.	PUNCT
cjal-9207	736	1	suru	suru	PROPN
cjal-9207	736	2	ar	ar	PROPN
cjal-9207	736	3	ways	way	NOUN
cjal-9207	736	4	m	m	PROPN
cjal-9207	736	5	ucmg	ucmg	NOUN
cjal-9207	737	1	t	t	NOUN
cjal-9207	737	2	em	em	PRON
cjal-9207	737	3	o	o	PROPN
cjal-9207	737	4	119	119	NUM
cjal-9207	737	5	see	see	VERB
cjal-9207	737	6	howson	howson	PROPN
cjal-9207	737	7	,	,	PUNCT
cjal-9207	737	8	supra	supra	PROPN
cjal-9207	737	9	note	note	PROPN
cjal-9207	737	10	36	36	NUM
cjal-9207	737	11	,	,	PUNCT
cjal-9207	737	12	at	at	ADP
cjal-9207	737	13	697	697	NUM
cjal-9207	737	14	.	.	NOUN
cjal-9207	737	15	2016	2016	NUM
cjal-9207	737	16	]	]	PUNCT
cjal-9207	737	17	minority	minority	NOUN
cjal-9207	737	18	pubuc	pubuc	NOUN
cjal-9207	737	19	shareholders	shareholder	NOUN
cjal-9207	737	20	in	in	ADP
cjal-9207	737	21	china	china	PROPN
cjal-9207	737	22	33	33	NUM
cjal-9207	737	23	and	and	CCONJ
cjal-9207	737	24	mainly	mainly	ADV
cjal-9207	737	25	from	from	ADP
cjal-9207	737	26	the	the	DET
cjal-9207	737	27	party	party	NOUN
cjal-9207	737	28	-	-	PUNCT
cjal-9207	737	29	state	state	NOUN
cjal-9207	737	30	is	be	AUX
cjal-9207	737	31	unlikely	unlikely	ADJ
cjal-9207	737	32	,	,	PUNCT
cjal-9207	737	33	there	there	PRON
cjal-9207	737	34	seems	seem	VERB
cjal-9207	737	35	to	to	PART
cjal-9207	737	36	be	be	AUX
cjal-9207	737	37	an	an	DET
cjal-9207	737	38	increasing	increase	VERB
cjal-9207	737	39	space	space	NOUN
cjal-9207	737	40	for	for	ADP
cjal-9207	737	41	competition	competition	NOUN
cjal-9207	737	42	in	in	ADP
cjal-9207	737	43	the	the	DET
cjal-9207	737	44	industry	industry	NOUN
cjal-9207	737	45	by	by	ADP
cjal-9207	737	46	foreign	foreign	ADJ
cjal-9207	737	47	institutional	institutional	ADJ
cjal-9207	737	48	investors	investor	NOUN
cjal-9207	737	49	outside	outside	ADV
cjal-9207	737	50	and	and	CCONJ
cjal-9207	737	51	beyond	beyond	ADP
cjal-9207	737	52	the	the	DET
cjal-9207	737	53	qfii	qfii	ADJ
cjal-9207	737	54	quota	quota	NOUN
cjal-9207	737	55	system	system	NOUN
cjal-9207	737	56	.	.	PUNCT
cjal-9207	738	1	in	in	ADP
cjal-9207	738	2	my	my	PRON
cjal-9207	738	3	view	view	NOUN
cjal-9207	738	4	,	,	PUNCT
cjal-9207	738	5	this	this	DET
cjal-9207	738	6	evolving	evolve	VERB
cjal-9207	738	7	space	space	NOUN
cjal-9207	738	8	signals	signal	VERB
cjal-9207	738	9	a	a	DET
cjal-9207	738	10	shift	shift	NOUN
cjal-9207	738	11	in	in	ADP
cjal-9207	738	12	the	the	DET
cjal-9207	738	13	central	central	ADJ
cjal-9207	738	14	government	government	NOUN
cjal-9207	738	15	powers	power	NOUN
cjal-9207	738	16	over	over	ADP
cjal-9207	738	17	the	the	DET
cjal-9207	738	18	financial	financial	ADJ
cjal-9207	738	19	industry	industry	NOUN
cjal-9207	738	20	,	,	PUNCT
cjal-9207	738	21	as	as	ADV
cjal-9207	738	22	well	well	ADV
cjal-9207	738	23	as	as	ADP
cjal-9207	738	24	the	the	DET
cjal-9207	738	25	beginning	beginning	NOUN
cjal-9207	738	26	of	of	ADP
cjal-9207	738	27	a	a	DET
cjal-9207	738	28	reconceptualization	reconceptualization	NOUN
cjal-9207	738	29	of	of	ADP
cjal-9207	738	30	the	the	DET
cjal-9207	738	31	role	role	NOUN
cjal-9207	738	32	of	of	ADP
cjal-9207	738	33	the	the	DET
cjal-9207	738	34	financial	financial	ADJ
cjal-9207	738	35	sector	sector	NOUN
cjal-9207	738	36	more	more	ADV
cjal-9207	738	37	broadly	broadly	ADV
cjal-9207	738	38	(	(	PUNCT
cjal-9207	738	39	which	which	PRON
cjal-9207	738	40	is	be	AUX
cjal-9207	738	41	to	to	ADP
cjal-9207	738	42	a	a	DET
cjal-9207	738	43	large	large	ADJ
cjal-9207	738	44	extent	extent	NOUN
cjal-9207	738	45	still	still	ADV
cjal-9207	738	46	perceived	perceive	VERB
cjal-9207	738	47	to	to	PART
cjal-9207	738	48	be	be	AUX
cjal-9207	738	49	first	first	ADJ
cjal-9207	738	50	and	and	CCONJ
cjal-9207	738	51	foremost	foremost	ADV
cjal-9207	738	52	a	a	DET
cjal-9207	738	53	financing	financing	NOUN
cjal-9207	738	54	source	source	NOUN
cjal-9207	738	55	at	at	ADP
cjal-9207	738	56	the	the	DET
cjal-9207	738	57	service	service	NOUN
cjal-9207	738	58	of	of	ADP
cjal-9207	738	59	corporatized	corporatize	VERB
cjal-9207	738	60	soes	soe	NOUN
cjal-9207	738	61	)	)	PUNCT
cjal-9207	738	62	.	.	PUNCT
cjal-9207	739	1	a	a	DET
cjal-9207	739	2	few	few	ADJ
cjal-9207	739	3	recent	recent	ADJ
cjal-9207	739	4	initiatives	initiative	NOUN
cjal-9207	739	5	seem	seem	VERB
cjal-9207	739	6	to	to	PART
cjal-9207	739	7	be	be	AUX
cjal-9207	739	8	pointing	point	VERB
cjal-9207	739	9	and	and	CCONJ
cjal-9207	739	10	aiding	aid	VERB
cjal-9207	739	11	in	in	ADP
cjal-9207	739	12	that	that	DET
cjal-9207	739	13	direction	direction	NOUN
cjal-9207	739	14	:	:	PUNCT
cjal-9207	739	15	120	120	NUM
cjal-9207	739	16	the	the	DET
cjal-9207	739	17	2013	2013	NUM
cjal-9207	739	18	shanghai	shanghai	PROPN
cjal-9207	739	19	free	free	ADJ
cjal-9207	739	20	trade	trade	NOUN
cjal-9207	739	21	zone	zone	NOUN
cjal-9207	739	22	experimenting	experiment	VERB
cjal-9207	739	23	a	a	DET
cjal-9207	739	24	reduction	reduction	NOUN
cjal-9207	739	25	of	of	ADP
cjal-9207	739	26	barriers	barrier	NOUN
cjal-9207	739	27	for	for	ADP
cjal-9207	739	28	foreign	foreign	ADJ
cjal-9207	739	29	investors	investor	NOUN
cjal-9207	739	30	'	'	PART
cjal-9207	739	31	participation	participation	NOUN
cjal-9207	739	32	in	in	ADP
cjal-9207	739	33	the	the	DET
cjal-9207	739	34	capital	capital	NOUN
cjal-9207	739	35	market	market	NOUN
cjal-9207	739	36	.	.	PUNCT
cjal-9207	740	1	121	121	NUM
cjal-9207	740	2	at	at	ADP
cjal-9207	740	3	the	the	DET
cjal-9207	740	4	national	national	ADJ
cjal-9207	740	5	level	level	NOUN
cjal-9207	740	6	,	,	PUNCT
cjal-9207	740	7	the	the	DET
cjal-9207	740	8	recent	recent	ADJ
cjal-9207	740	9	china	china	PROPN
cjal-9207	740	10	-	-	PUNCT
cjal-9207	740	11	hong	hong	PROPN
cjal-9207	740	12	kong	kong	PROPN
cjal-9207	740	13	stock	stock	PROPN
cjal-9207	740	14	connect	connect	PROPN
cjal-9207	740	15	initiative	initiative	NOUN
cjal-9207	740	16	and	and	CCONJ
cjal-9207	740	17	the	the	DET
cjal-9207	740	18	mutual	mutual	ADJ
cjal-9207	740	19	recognition	recognition	NOUN
cjal-9207	740	20	of	of	ADP
cjal-9207	740	21	publicly	publicly	ADV
cjal-9207	740	22	offered	offer	VERB
cjal-9207	740	23	funds	fund	NOUN
cjal-9207	740	24	between	between	ADP
cjal-9207	740	25	hong	hong	PROPN
cjal-9207	740	26	kong	kong	PROPN
cjal-9207	740	27	and	and	CCONJ
cjal-9207	740	28	the	the	DET
cjal-9207	740	29	prc	prc	PROPN
cjal-9207	740	30	,	,	PUNCT
cjal-9207	740	31	are	be	AUX
cjal-9207	740	32	expected	expect	VERB
cjal-9207	740	33	to	to	PART
cjal-9207	740	34	bring	bring	VERB
cjal-9207	740	35	more	more	ADJ
cjal-9207	740	36	off	off	ADP
cjal-9207	740	37	-	-	PUNCT
cjal-9207	740	38	shore	shore	NOUN
cjal-9207	740	39	institutional	institutional	ADJ
cjal-9207	740	40	investors	investor	NOUN
cjal-9207	740	41	and	and	CCONJ
cjal-9207	740	42	wider	wide	ADJ
cjal-9207	740	43	range	range	NOUN
cjal-9207	740	44	of	of	ADP
cjal-9207	740	45	investment	investment	NOUN
cjal-9207	740	46	tools	tool	NOUN
cjal-9207	740	47	into	into	ADP
cjal-9207	740	48	the	the	DET
cjal-9207	740	49	prc	prc	PROPN
cjal-9207	740	50	domestic	domestic	ADJ
cjal-9207	740	51	market	market	NOUN
cjal-9207	740	52	outside	outside	ADP
cjal-9207	740	53	the	the	DET
cjal-9207	740	54	existing	exist	VERB
cjal-9207	740	55	qfii	qfii	ADJ
cjal-9207	740	56	system.1	system.1	NOUN
cjal-9207	740	57	22	22	NUM
cjal-9207	740	58	not	not	PART
cjal-9207	740	59	only	only	ADV
cjal-9207	740	60	will	will	AUX
cjal-9207	740	61	this	this	PRON
cjal-9207	740	62	increase	increase	VERB
cjal-9207	740	63	the	the	DET
cjal-9207	740	64	activity	activity	NOUN
cjal-9207	740	65	of	of	ADP
cjal-9207	740	66	foreign	foreign	ADJ
cjal-9207	740	67	institutional	institutional	ADJ
cjal-9207	740	68	investors	investor	NOUN
cjal-9207	740	69	not	not	PART
cjal-9207	740	70	embedded	embed	VERB
cjal-9207	740	71	in	in	ADP
cjal-9207	740	72	business	business	NOUN
cjal-9207	740	73	group	group	NOUN
cjal-9207	740	74	affiliation	affiliation	NOUN
cjal-9207	740	75	and	and	CCONJ
cjal-9207	740	76	party	party	NOUN
cjal-9207	740	77	-	-	PUNCT
cjal-9207	740	78	state	state	NOUN
cjal-9207	740	79	control	control	NOUN
cjal-9207	740	80	,	,	PUNCT
cjal-9207	740	81	but	but	CCONJ
cjal-9207	740	82	the	the	DET
cjal-9207	740	83	chinese	chinese	ADJ
cjal-9207	740	84	domestic	domestic	ADJ
cjal-9207	740	85	market	market	NOUN
cjal-9207	740	86	(	(	PUNCT
cjal-9207	740	87	both	both	CCONJ
cjal-9207	740	88	retail	retail	ADJ
cjal-9207	740	89	and	and	CCONJ
cjal-9207	740	90	institutional	institutional	ADJ
cjal-9207	740	91	investors	investor	NOUN
cjal-9207	740	92	)	)	PUNCT
cjal-9207	740	93	will	will	AUX
cjal-9207	740	94	also	also	ADV
cjal-9207	740	95	get	get	VERB
cjal-9207	740	96	better	well	ADJ
cjal-9207	740	97	exposure	exposure	NOUN
cjal-9207	740	98	to	to	ADP
cjal-9207	740	99	investor	investor	NOUN
cjal-9207	740	100	protection	protection	NOUN
cjal-9207	740	101	,	,	PUNCT
cjal-9207	740	102	disclosure	disclosure	NOUN
cjal-9207	740	103	standards	standard	NOUN
cjal-9207	740	104	and	and	CCONJ
cjal-9207	740	105	monitoring	monitoring	NOUN
cjal-9207	740	106	practices	practice	NOUN
cjal-9207	740	107	from	from	ADP
cjal-9207	740	108	the	the	DET
cjal-9207	740	109	hong	hong	PROPN
cjal-9207	740	110	kong	kong	PROPN
cjal-9207	740	111	market	market	NOUN
cjal-9207	740	112	,	,	PUNCT
cjal-9207	740	113	and	and	CCONJ
cjal-9207	740	114	to	to	ADP
cjal-9207	740	115	potential	potential	ADJ
cjal-9207	740	116	positive	positive	ADJ
cjal-9207	740	117	implications	implication	NOUN
cjal-9207	740	118	of	of	ADP
cjal-9207	740	119	greater	great	ADJ
cjal-9207	740	120	governance	governance	NOUN
cjal-9207	740	121	participation	participation	NOUN
cjal-9207	740	122	.	.	PUNCT
cjal-9207	741	1	4	4	X
cjal-9207	741	2	.	.	X
cjal-9207	741	3	minority	minority	NOUN
cjal-9207	741	4	public	public	ADJ
cjal-9207	741	5	shareholder	shareholder	NOUN
cjal-9207	741	6	participation	participation	NOUN
cjal-9207	741	7	through	through	ADP
cjal-9207	741	8	social	social	ADJ
cjal-9207	741	9	organizations	organization	NOUN
cjal-9207	741	10	non	non	ADJ
cjal-9207	741	11	-	-	ADJ
cjal-9207	741	12	governmental	governmental	ADJ
cjal-9207	741	13	organizations	organization	NOUN
cjal-9207	741	14	(	(	PUNCT
cjal-9207	741	15	ngos	ngo	NOUN
cjal-9207	741	16	)	)	PUNCT
cjal-9207	741	17	,	,	PUNCT
cjal-9207	741	18	non	non	ADJ
cjal-9207	741	19	-	-	ADJ
cjal-9207	741	20	profit	profit	ADJ
cjal-9207	741	21	organizations	organization	NOUN
cjal-9207	741	22	(	(	PUNCT
cjal-9207	741	23	npos	npos	NOUN
cjal-9207	741	24	)	)	PUNCT
cjal-9207	741	25	,	,	PUNCT
cjal-9207	741	26	and	and	CCONJ
cjal-9207	741	27	other	other	ADJ
cjal-9207	741	28	social	social	ADJ
cjal-9207	741	29	organizations	organization	NOUN
cjal-9207	741	30	have	have	AUX
cjal-9207	741	31	emerged	emerge	VERB
cjal-9207	741	32	as	as	ADP
cjal-9207	741	33	significant	significant	ADJ
cjal-9207	741	34	stakeholders	stakeholder	NOUN
cjal-9207	741	35	in	in	ADP
cjal-9207	741	36	several	several	ADJ
cjal-9207	741	37	concentrated	concentrate	VERB
cjal-9207	741	38	-	-	PUNCT
cjal-9207	741	39	ownership	ownership	NOUN
cjal-9207	741	40	markets	market	NOUN
cjal-9207	741	41	.	.	PUNCT
cjal-9207	742	1	123	123	NUM
cjal-9207	742	2	the	the	DET
cjal-9207	742	3	,	,	PUNCT
cjal-9207	742	4	20	20	NUM
cjal-9207	742	5	as	as	ADP
cjal-9207	742	6	part	part	NOUN
cjal-9207	742	7	of	of	ADP
cjal-9207	742	8	the	the	DET
cjal-9207	742	9	new	new	ADJ
cjal-9207	742	10	economic	economic	ADJ
cjal-9207	742	11	policy	policy	NOUN
cjal-9207	742	12	established	establish	VERB
cjal-9207	742	13	at	at	ADP
cjal-9207	742	14	the	the	DET
cjal-9207	742	15	3rd	3rd	ADJ
cjal-9207	742	16	plenum	plenum	NOUN
cjal-9207	742	17	of	of	ADP
cjal-9207	742	18	the	the	DET
cjal-9207	742	19	18th	18th	ADJ
cjal-9207	742	20	ccp	ccp	PROPN
cjal-9207	742	21	congress	congress	PROPN
cjal-9207	742	22	,	,	PUNCT
cjal-9207	742	23	see	see	VERB
cjal-9207	742	24	infra	infra	NOUN
cjal-9207	742	25	note	note	VERB
cjal-9207	742	26	156	156	NUM
cjal-9207	742	27	,	,	PUNCT
cjal-9207	742	28	china	china	PROPN
cjal-9207	742	29	's	's	PART
cjal-9207	742	30	policymakers	policymaker	NOUN
cjal-9207	742	31	are	be	AUX
cjal-9207	742	32	slowly	slowly	ADV
cjal-9207	742	33	increasing	increase	VERB
cjal-9207	742	34	the	the	DET
cjal-9207	742	35	role	role	NOUN
cjal-9207	742	36	of	of	ADP
cjal-9207	742	37	the	the	DET
cjal-9207	742	38	private	private	ADJ
cjal-9207	742	39	sector	sector	NOUN
cjal-9207	742	40	in	in	ADP
cjal-9207	742	41	the	the	DET
cjal-9207	742	42	financial	financial	ADJ
cjal-9207	742	43	-	-	PUNCT
cjal-9207	742	44	services	service	NOUN
cjal-9207	742	45	market	market	NOUN
cjal-9207	742	46	.	.	PUNCT
cjal-9207	743	1	121	121	NUM
cjal-9207	743	2	see	see	VERB
cjal-9207	743	3	policy	policy	NOUN
cjal-9207	743	4	measures	measure	NOUN
cjal-9207	743	5	for	for	SCONJ
cjal-9207	743	6	the	the	DET
cjal-9207	743	7	capital	capital	NOUN
cjal-9207	743	8	market	market	NOUN
cjal-9207	743	9	to	to	PART
cjal-9207	743	10	support	support	VERB
cjal-9207	743	11	and	and	CCONJ
cjal-9207	743	12	promote	promote	VERB
cjal-9207	743	13	the	the	DET
cjal-9207	743	14	shanghai	shanghai	PROPN
cjal-9207	743	15	free	free	PROPN
cjal-9207	743	16	trade	trade	PROPN
cjal-9207	743	17	zone	zone	NOUN
cjal-9207	743	18	,	,	PUNCT
cjal-9207	743	19	china	china	PROPN
cjal-9207	743	20	sec	sec	PROPN
cjal-9207	743	21	.	.	PUNCT
cjal-9207	744	1	reg	reg	PROPN
cjal-9207	744	2	.	.	PUNCT
cjal-9207	745	1	comm'n	comm'n	X
cjal-9207	745	2	(	(	PUNCT
cjal-9207	745	3	sept	sept	PROPN
cjal-9207	745	4	.	.	PROPN
cjal-9207	745	5	29	29	NUM
cjal-9207	745	6	,	,	PUNCT
cjal-9207	745	7	2013	2013	NUM
cjal-9207	745	8	)	)	PUNCT
cjal-9207	745	9	,	,	PUNCT
cjal-9207	745	10	http://www.csrc.gov.cn/pub/	http://www.csrc.gov.cn/pub/	PROPN
cjal-9207	745	11	csrc	csrc	PROPN
cjal-9207	745	12	en	en	PROPN
cjal-9207	745	13	/	/	SYM
cjal-9207	745	14	newsfacts	newsfact	NOUN
cjal-9207	745	15	/release/20131l	/release/20131l	NOUN
cjal-9207	745	16	/	/	SYM
cjal-9207	745	17	t20131126_238765.html	t20131126_238765.html	NOUN
cjal-9207	745	18	.	.	NOUN
cjal-9207	745	19	,	,	PUNCT
cjal-9207	745	20	22	22	NUM
cjal-9207	745	21	the	the	DET
cjal-9207	745	22	mutual	mutual	ADJ
cjal-9207	745	23	stock	stock	NOUN
cjal-9207	745	24	-	-	PUNCT
cjal-9207	745	25	connect	connect	NOUN
cjal-9207	745	26	initiative	initiative	NOUN
cjal-9207	745	27	allows	allow	VERB
cjal-9207	745	28	off	off	ADP
cjal-9207	745	29	-	-	PUNCT
cjal-9207	745	30	shore	shore	NOUN
cjal-9207	745	31	retail	retail	ADJ
cjal-9207	745	32	and	and	CCONJ
cjal-9207	745	33	institutional	institutional	ADJ
cjal-9207	745	34	investors	investor	NOUN
cjal-9207	745	35	mutual	mutual	ADJ
cjal-9207	745	36	stock	stock	NOUN
cjal-9207	745	37	market	market	NOUN
cjal-9207	745	38	access	access	NOUN
cjal-9207	745	39	between	between	ADP
cjal-9207	745	40	the	the	DET
cjal-9207	745	41	sse	sse	NOUN
cjal-9207	745	42	and	and	CCONJ
cjal-9207	745	43	the	the	DET
cjal-9207	745	44	hong	hong	PROPN
cjal-9207	745	45	-	-	PUNCT
cjal-9207	745	46	kong	kong	PROPN
cjal-9207	745	47	stock	stock	NOUN
cjal-9207	745	48	exchange	exchange	NOUN
cjal-9207	745	49	.	.	PUNCT
cjal-9207	746	1	the	the	DET
cjal-9207	746	2	mutual	mutual	ADJ
cjal-9207	746	3	recognition	recognition	NOUN
cjal-9207	746	4	of	of	ADP
cjal-9207	746	5	funds	fund	NOUN
cjal-9207	746	6	opened	open	VERB
cjal-9207	746	7	up	up	ADP
cjal-9207	746	8	an	an	DET
cjal-9207	746	9	authorization	authorization	NOUN
cjal-9207	746	10	process	process	NOUN
cjal-9207	746	11	for	for	ADP
cjal-9207	746	12	off	off	ADP
cjal-9207	746	13	-	-	PUNCT
cjal-9207	746	14	shore	shore	NOUN
cjal-9207	746	15	funds	fund	NOUN
cjal-9207	746	16	eligibility	eligibility	NOUN
cjal-9207	746	17	to	to	PART
cjal-9207	746	18	trade	trade	VERB
cjal-9207	746	19	in	in	ADP
cjal-9207	746	20	the	the	DET
cjal-9207	746	21	respective	respective	ADJ
cjal-9207	746	22	domestic	domestic	ADJ
cjal-9207	746	23	market	market	NOUN
cjal-9207	746	24	,	,	PUNCT
cjal-9207	746	25	thus	thus	ADV
cjal-9207	746	26	increasing	increase	VERB
cjal-9207	746	27	the	the	DET
cjal-9207	746	28	accessibility	accessibility	NOUN
cjal-9207	746	29	of	of	ADP
cjal-9207	746	30	prc	prc	PROPN
cjal-9207	746	31	and	and	CCONJ
cjal-9207	746	32	hong	hong	PROPN
cjal-9207	746	33	-	-	PUNCT
cjal-9207	746	34	kong	kong	PROPN
cjal-9207	746	35	investors	investor	NOUN
cjal-9207	746	36	to	to	ADP
cjal-9207	746	37	asset	asset	NOUN
cjal-9207	746	38	management	management	NOUN
cjal-9207	746	39	funds	fund	NOUN
cjal-9207	746	40	registered	register	VERB
cjal-9207	746	41	in	in	ADP
cjal-9207	746	42	the	the	DET
cjal-9207	746	43	hongkong	hongkong	PROPN
cjal-9207	746	44	/prc	/prc	PROPN
cjal-9207	746	45	market	market	NOUN
cjal-9207	746	46	,	,	PUNCT
cjal-9207	746	47	respectively	respectively	ADV
cjal-9207	746	48	.	.	PUNCT
cjal-9207	747	1	see	see	VERB
cjal-9207	747	2	security	security	NOUN
cjal-9207	747	3	futures	future	NOUN
cjal-9207	747	4	commission	commission	NOUN
cjal-9207	747	5	,	,	PUNCT
cjal-9207	747	6	mutual	mutual	ADJ
cjal-9207	747	7	recognition	recognition	NOUN
cjal-9207	747	8	of	of	ADP
cjal-9207	747	9	f'unds	f'unds	PROPN
cjal-9207	747	10	(	(	PUNCT
cjal-9207	747	11	mrf	mrf	PROPN
cjal-9207	747	12	)	)	PUNCT
cjal-9207	747	13	between	between	ADP
cjal-9207	747	14	the	the	DET
cjal-9207	747	15	mainland	mainland	NOUN
cjal-9207	747	16	and	and	CCONJ
cjal-9207	747	17	hong	hong	PROPN
cjal-9207	747	18	kong	kong	PROPN
cjal-9207	747	19	(	(	PUNCT
cjal-9207	747	20	2015	2015	NUM
cjal-9207	747	21	)	)	PUNCT
cjal-9207	747	22	.	.	PUNCT
cjal-9207	748	1	12a	12a	NOUN
cjal-9207	748	2	see	see	VERB
cjal-9207	748	3	,	,	PUNCT
cjal-9207	748	4	e.g.	e.g.	ADV
cjal-9207	748	5	,	,	PUNCT
cjal-9207	748	6	erede	erede	NOUN
cjal-9207	748	7	,	,	PUNCT
cjal-9207	748	8	supra	supra	PROPN
cjal-9207	748	9	note	note	NOUN
cjal-9207	748	10	92	92	NUM
cjal-9207	748	11	,	,	PUNCT
cjal-9207	748	12	at	at	ADP
cjal-9207	748	13	370	370	NUM
cjal-9207	748	14	(	(	PUNCT
cjal-9207	748	15	describing	describe	VERB
cjal-9207	748	16	a	a	DET
cjal-9207	748	17	decline	decline	NOUN
cjal-9207	748	18	in	in	ADP
cjal-9207	748	19	hedge	hedge	NOUN
cjal-9207	748	20	fund	fund	NOUN
cjal-9207	748	21	activism	activism	NOUN
cjal-9207	748	22	in	in	ADP
cjal-9207	748	23	italy	italy	PROPN
cjal-9207	748	24	and	and	CCONJ
cjal-9207	748	25	the	the	DET
cjal-9207	748	26	raise	raise	NOUN
cjal-9207	748	27	of	of	ADP
cjal-9207	748	28	the	the	DET
cjal-9207	748	29	"	"	PUNCT
cjal-9207	748	30	assogestioni"-a	assogestioni"-a	PROPN
cjal-9207	748	31	nonprofit	nonprofit	PROPN
cjal-9207	748	32	association	association	NOUN
cjal-9207	748	33	who	who	PRON
cjal-9207	748	34	serves	serve	VERB
cjal-9207	748	35	as	as	ADP
cjal-9207	748	36	a	a	DET
cjal-9207	748	37	facilitator	facilitator	NOUN
cjal-9207	748	38	for	for	ADP
cjal-9207	748	39	minority	minority	NOUN
cjal-9207	748	40	shareholder	shareholder	NOUN
cjal-9207	748	41	minimum	minimum	PROPN
cjal-9207	748	42	board	board	NOUN
cjal-9207	748	43	representation	representation	NOUN
cjal-9207	748	44	and	and	CCONJ
cjal-9207	748	45	advocates	advocate	VERB
cjal-9207	748	46	stronger	strong	ADJ
cjal-9207	748	47	engagement	engagement	NOUN
cjal-9207	748	48	of	of	ADP
cjal-9207	748	49	intermediaries	intermediary	NOUN
cjal-9207	748	50	in	in	ADP
cjal-9207	748	51	corporate	corporate	ADJ
cjal-9207	748	52	governance	governance	NOUN
cjal-9207	748	53	)	)	PUNCT
cjal-9207	748	54	;	;	PUNCT
cjal-9207	748	55	curtis	curtis	PROPN
cjal-9207	748	56	j.	j.	PROPN
cjal-9207	748	57	milhaupt	milhaupt	PROPN
cjal-9207	748	58	,	,	PUNCT
cjal-9207	748	59	nonprofit	nonprofit	ADJ
cjal-9207	748	60	organizations	organization	NOUN
cjal-9207	748	61	as	as	ADP
cjal-9207	748	62	in	in	ADP
cjal-9207	748	63	vestor	vestor	NOUN
cjal-9207	748	64	protection	protection	NOUN
cjal-9207	748	65	:	:	PUNCT
cjal-9207	748	66	economic	economic	ADJ
cjal-9207	748	67	theory	theory	NOUN
cjal-9207	748	68	and	and	CCONJ
cjal-9207	748	69	evidence	evidence	NOUN
cjal-9207	748	70	from	from	ADP
cjal-9207	748	71	east	east	PROPN
cjal-9207	748	72	asia	asia	PROPN
cjal-9207	748	73	,	,	PUNCT
cjal-9207	748	74	29	29	NUM
cjal-9207	748	75	yale	yale	PROPN
cjal-9207	748	76	j.	j.	PROPN
cjal-9207	748	77	int'l	int'l	PROPN
cjal-9207	748	78	l.	l.	PROPN
cjal-9207	748	79	169	169	NUM
cjal-9207	748	80	(	(	PUNCT
cjal-9207	748	81	2004	2004	NUM
cjal-9207	748	82	)	)	PUNCT
cjal-9207	748	83	(	(	PUNCT
cjal-9207	748	84	discussing	discuss	VERB
cjal-9207	748	85	npos	npos	NOUN
cjal-9207	748	86	governance	governance	NOUN
cjal-9207	748	87	participation	participation	NOUN
cjal-9207	748	88	as	as	ADP
cjal-9207	748	89	shareholders	shareholder	NOUN
cjal-9207	748	90	,	,	PUNCT
cjal-9207	748	91	as	as	ADP
cjal-9207	748	92	one	one	NUM
cjal-9207	748	93	of	of	ADP
cjal-9207	748	94	the	the	DET
cjal-9207	748	95	most	most	ADV
cjal-9207	748	96	important	important	ADJ
cjal-9207	748	97	corporate	corporate	ADJ
cjal-9207	748	98	law	law	NOUN
cjal-9207	748	99	enforcement	enforcement	NOUN
cjal-9207	748	100	agents	agent	NOUN
cjal-9207	748	101	in	in	ADP
cjal-9207	748	102	south	south	PROPN
cjal-9207	748	103	korea	korea	PROPN
cjal-9207	748	104	,	,	PUNCT
cjal-9207	748	105	taiwan	taiwan	PROPN
cjal-9207	748	106	,	,	PUNCT
cjal-9207	748	107	and	and	CCONJ
cjal-9207	748	108	japan	japan	PROPN
cjal-9207	748	109	)	)	PUNCT
cjal-9207	748	110	.	.	PUNCT
cjal-9207	749	1	34	34	NUM
cjal-9207	749	2	columbia	columbia	PROPN
cjal-9207	749	3	journal	journal	PROPN
cjal-9207	749	4	of	of	ADP
cjal-9207	749	5	asia.\	asia.\	ADJ
cjal-9207	749	6	'	'	PUNCT
cjal-9207	749	7	law	law	NOUN
cjal-9207	749	8	[	[	X
cjal-9207	749	9	vol	vol	NOUN
cjal-9207	749	10	.	.	PUNCT
cjal-9207	750	1	30:1	30:1	NUM
cjal-9207	750	2	involvement	involvement	NOUN
cjal-9207	750	3	of	of	ADP
cjal-9207	750	4	the	the	DET
cjal-9207	750	5	se	se	PROPN
cjal-9207	750	6	players	player	NOUN
cjal-9207	750	7	can	can	AUX
cjal-9207	750	8	take	take	VERB
cjal-9207	750	9	the	the	DET
cjal-9207	750	10	form	form	NOUN
cjal-9207	750	11	of	of	ADP
cjal-9207	750	12	public	public	ADJ
cjal-9207	750	13	pressure	pressure	NOUN
cjal-9207	750	14	on	on	ADP
cjal-9207	750	15	shareholders	shareholder	NOUN
cjal-9207	750	16	'	'	PART
cjal-9207	750	17	and	and	CCONJ
cjal-9207	750	18	directors	director	NOUN
cjal-9207	750	19	'	'	PART
cjal-9207	750	20	voting	voting	NOUN
cjal-9207	750	21	,	,	PUNCT
cjal-9207	750	22	as	as	ADV
cjal-9207	750	23	well	well	ADV
cjal-9207	750	24	as	as	ADP
cjal-9207	750	25	direct	direct	ADJ
cjal-9207	750	26	intervention	intervention	NOUN
cjal-9207	750	27	via	via	ADP
cjal-9207	750	28	ownership	ownership	NOUN
cjal-9207	750	29	of	of	ADP
cjal-9207	750	30	shares	share	NOUN
cjal-9207	750	31	and	and	CCONJ
cjal-9207	750	32	associated	associated	ADJ
cjal-9207	750	33	voting	voting	NOUN
cjal-9207	750	34	rights	right	NOUN
cjal-9207	750	35	.	.	PUNCT
cjal-9207	751	1	12~	12~	NUM
cjal-9207	751	2	as	as	ADP
cjal-9207	751	3	shareholders	shareholder	NOUN
cjal-9207	751	4	.	.	PUNCT
cjal-9207	752	1	they	they	PRON
cjal-9207	752	2	can	can	AUX
cjal-9207	752	3	utilize	utilize	VERB
cjal-9207	752	4	their	their	PRON
cjal-9207	752	5	participation	participation	NOUN
cjal-9207	752	6	rights	right	NOUN
cjal-9207	752	7	to	to	PART
cjal-9207	752	8	influence	influence	VERB
cjal-9207	752	9	corporate	corporate	ADJ
cjal-9207	752	10	governance	governance	NOUN
cjal-9207	752	11	through	through	ADP
cjal-9207	752	12	actual	actual	ADJ
cjal-9207	752	13	voting	voting	NOUN
cjal-9207	752	14	,	,	PUNCT
cjal-9207	752	15	shareholder	shareholder	NOUN
cjal-9207	752	16	proposals	proposal	NOUN
cjal-9207	752	17	,	,	PUNCT
cjal-9207	752	18	or	or	CCONJ
cjal-9207	752	19	trigger	trigger	VERB
cjal-9207	752	20	broader	broad	ADJ
cjal-9207	752	21	public	public	ADJ
cjal-9207	752	22	attention	attention	NOUN
cjal-9207	752	23	through	through	ADP
cjal-9207	752	24	the	the	DET
cjal-9207	752	25	press	press	NOUN
cjal-9207	752	26	and	and	CCONJ
cjal-9207	752	27	ex	ex	ADJ
cjal-9207	752	28	-	-	ADJ
cjal-9207	752	29	post	post	ADJ
cjal-9207	752	30	legal	legal	ADJ
cjal-9207	752	31	claims	claim	NOUN
cjal-9207	752	32	accruing	accrue	VERB
cjal-9207	752	33	to	to	ADP
cjal-9207	752	34	shareholders	shareholder	NOUN
cjal-9207	752	35	.	.	PUNCT
cjal-9207	753	1	this	this	DET
cjal-9207	753	2	involvement	involvement	NOUN
cjal-9207	753	3	functions	function	NOUN
cjal-9207	753	4	to	to	PART
cjal-9207	753	5	discipline	discipline	VERB
cjal-9207	753	6	corporate	corporate	ADJ
cjal-9207	753	7	insiders	insider	NOUN
cjal-9207	753	8	and	and	CCONJ
cjal-9207	753	9	control	control	NOUN
cjal-9207	753	10	parties	party	NOUN
cjal-9207	753	11	,	,	PUNCT
cjal-9207	753	12	enabling	enable	VERB
cjal-9207	753	13	them	they	PRON
cjal-9207	753	14	to	to	ADP
cjal-9207	753	15	expo:;e	expo:;e	PROPN
cjal-9207	753	16	problems	problem	NOUN
cjal-9207	753	17	and	and	CCONJ
cjal-9207	753	18	push	push	VERB
cjal-9207	753	19	firms	firm	NOUN
cjal-9207	753	20	and	and	CCONJ
cjal-9207	753	21	their	their	PRON
cjal-9207	753	22	management	management	NOUN
cjal-9207	753	23	to	to	PART
cjal-9207	753	24	act	act	VERB
cjal-9207	753	25	in	in	ADP
cjal-9207	753	26	a	a	DET
cjal-9207	753	27	more	more	ADV
cjal-9207	753	28	socially	socially	ADV
cjal-9207	753	29	responsible	responsible	ADJ
cjal-9207	753	30	manner	manner	NOUN
cjal-9207	753	31	.	.	PUNCT
cjal-9207	754	1	oth	oth	PROPN
cjal-9207	754	2	er	er	INTJ
cjal-9207	754	3	social	social	ADJ
cjal-9207	754	4	organizations	organization	NOUN
cjal-9207	754	5	function	function	VERB
cjal-9207	754	6	solely	solely	ADV
cjal-9207	754	7	to	to	PART
cjal-9207	754	8	facilitate	facilitate	VERB
cjal-9207	754	9	coalition	coalition	NOUN
cjal-9207	754	10	-	-	PUNCT
cjal-9207	754	11	forming	form	VERB
cjal-9207	754	12	for	for	ADP
cjal-9207	754	13	public	public	ADJ
cjal-9207	754	14	shareholders	shareholder	NOUN
cjal-9207	754	15	,	,	PUNCT
cjal-9207	754	16	especially	especially	ADV
cjal-9207	754	17	where	where	SCONJ
cjal-9207	754	18	true	true	ADJ
cjal-9207	754	19	institutional	institutional	ADJ
cjal-9207	754	20	investor	investor	NOUN
cjal-9207	754	21	s	s	VERB
cjal-9207	754	22	are	be	AUX
cjal-9207	754	23	absent	absent	ADJ
cjal-9207	754	24	.	.	PUNCT
cjal-9207	755	1	in	in	ADP
cjal-9207	755	2	the	the	DET
cjal-9207	755	3	french	french	ADJ
cjal-9207	755	4	capital	capital	NOUN
cjal-9207	755	5	markets	market	NOUN
cjal-9207	755	6	,	,	PUNCT
cjal-9207	755	7	for	for	ADP
cjal-9207	755	8	example	example	NOUN
cjal-9207	755	9	,	,	PUNCT
cjal-9207	755	10	"	"	PUNCT
cjal-9207	755	11	association	association	NOUN
cjal-9207	755	12	s	s	PART
cjal-9207	755	13	d'actionnaires	d'actionnaires	PROPN
cjal-9207	755	14	"	"	PUNCT
cjal-9207	755	15	(	(	PUNCT
cjal-9207	755	16	"	"	PUNCT
cjal-9207	755	17	[	[	X
cjal-9207	755	18	public	public	ADJ
cjal-9207	755	19	]	]	PUNCT
cjal-9207	755	20	shareholders	shareholder	NOUN
cjal-9207	755	21	'	'	PART
cjal-9207	755	22	associations	association	NOUN
cjal-9207	755	23	"	"	PUNCT
cjal-9207	755	24	)	)	PUNCT
cjal-9207	755	25	have	have	AUX
cjal-9207	755	26	become	become	VERB
cjal-9207	755	27	influential	influential	ADJ
cjal-9207	755	28	institutions	institution	NOUN
cjal-9207	755	29	able	able	ADJ
cjal-9207	755	30	to	to	PART
cjal-9207	755	31	coordinate	coordinate	VERB
cjal-9207	755	32	minority	minority	NOUN
cjal-9207	755	33	shareholder	shareholder	NOUN
cjal-9207	755	34	action	action	NOUN
cjal-9207	755	35	,	,	PUNCT
cjal-9207	755	36	despite	despite	SCONJ
cjal-9207	755	37	significant	significant	ADJ
cjal-9207	755	38	ownership	ownership	NOUN
cjal-9207	755	39	concentration	concentration	NOUN
cjal-9207	755	40	in	in	ADP
cjal-9207	755	41	french	french	ADJ
cjal-9207	755	42	firms	firm	NOUN
cjal-9207	755	43	long	long	ADJ
cjal-9207	755	44	supp	supp	PROPN
cjal-9207	755	45	orted	orte	VERB
cjal-9207	755	46	by	by	ADP
cjal-9207	755	47	the	the	DET
cjal-9207	755	48	government	government	NOUN
cjal-9207	755	49	.	.	PUNCT
cjal-9207	756	1	the	the	DET
cjal-9207	756	2	capital	capital	NOUN
cjal-9207	756	3	structures	structure	NOUN
cjal-9207	756	4	of	of	ADP
cjal-9207	756	5	france	france	PROPN
cjal-9207	756	6	's	's	PART
cjal-9207	756	7	most	most	ADV
cjal-9207	756	8	important	important	ADJ
cjal-9207	756	9	firms	firm	NOUN
cjal-9207	756	10	evidences	evidence	VERB
cjal-9207	756	11	concentrated	concentrated	ADJ
cjal-9207	756	12	ownership	ownership	NOUN
cjal-9207	756	13	business	business	NOUN
cjal-9207	756	14	group	group	NOUN
cjal-9207	756	15	dominat	dominat	PROPN
cjal-9207	756	16	ed	ed	PROPN
cjal-9207	756	17	by	by	ADP
cjal-9207	756	18	elite	elite	ADJ
cjal-9207	756	19	familiest	familiest	VERB
cjal-9207	756	20	25	25	NUM
cjal-9207	756	21	the	the	DET
cjal-9207	756	22	result	result	NOUN
cjal-9207	756	23	of	of	ADP
cjal-9207	756	24	"	"	PUNCT
cjal-9207	756	25	s	s	NOUN
cjal-9207	756	26	trategic	trategic	NOUN
cjal-9207	756	27	..	..	PUNCT
cjal-9207	756	28	·	·	PUNCT
cjal-9207	757	1	privatization	privatization	NOUN
cjal-9207	757	2	of	of	ADP
cjal-9207	757	3	a	a	DET
cjal-9207	757	4	formerl	formerl	NOUN
cjal-9207	757	5	y	y	PROPN
cjal-9207	757	6	state	state	NOUN
cjal-9207	757	7	-	-	PUNCT
cjal-9207	757	8	dominated	dominate	VERB
cjal-9207	757	9	economy	economy	NOUN
cjal-9207	757	10	with	with	ADP
cjal-9207	757	11	continuing	continue	VERB
cjal-9207	757	12	robust	robust	ADJ
cjal-9207	757	13	state	state	NOUN
cjal-9207	757	14	intervention	intervention	NOUN
cjal-9207	757	15	in	in	ADP
cjal-9207	757	16	the	the	DET
cjal-9207	757	17	market	market	NOUN
cjal-9207	757	18	.	.	PUNCT
cjal-9207	758	1	126	126	NUM
cjal-9207	758	2	one	one	PRON
cjal-9207	758	3	might	might	AUX
cjal-9207	758	4	observe	observe	VERB
cjal-9207	758	5	,	,	PUNCT
cjal-9207	758	6	similar	similar	ADJ
cjal-9207	758	7	in	in	ADP
cjal-9207	758	8	a	a	DET
cjal-9207	758	9	way	way	NOUN
cjal-9207	758	10	to	to	ADP
cjal-9207	758	11	china	china	PROPN
cjal-9207	758	12	,	,	PUNCT
cjal-9207	758	13	127	127	NUM
cjal-9207	758	14	that	that	PRON
cjal-9207	758	15	corporate	corporate	ADJ
cjal-9207	758	16	governance	governance	NOUN
cjal-9207	758	17	in	in	ADP
cjal-9207	758	18	france	france	PROPN
cjal-9207	758	19	has	have	AUX
cjal-9207	758	20	developed	develop	VERB
cjal-9207	758	21	to	to	PART
cjal-9207	758	22	formally	formally	ADV
cjal-9207	758	23	empower	empower	VERB
cjal-9207	758	24	shareholders	shareholder	NOUN
cjal-9207	758	25	but	but	CCONJ
cjal-9207	758	26	in	in	ADP
cjal-9207	758	27	a	a	DET
cjal-9207	758	28	highly	highly	ADV
cjal-9207	758	29	politicized	politicized	ADJ
cjal-9207	758	30	environment	environment	NOUN
cjal-9207	758	31	,	,	PUNCT
cjal-9207	758	32	which	which	PRON
cjal-9207	758	33	results	result	VERB
cjal-9207	758	34	in	in	ADP
cjal-9207	758	35	the	the	DET
cjal-9207	758	36	interest	interest	NOUN
cjal-9207	758	37	s	s	NOUN
cjal-9207	758	38	of	of	ADP
cjal-9207	758	39	dominant	dominant	ADJ
cjal-9207	758	40	shareholders	shareholder	NOUN
cjal-9207	758	41	(	(	PUNCT
cjal-9207	758	42	elite	elite	ADJ
cjal-9207	758	43	families	family	NOUN
cjal-9207	758	44	and	and	CCONJ
cjal-9207	758	45	the	the	DET
cjal-9207	758	46	state	state	NOUN
cjal-9207	758	47	itself	itself	PRON
cjal-9207	758	48	)	)	PUNCT
cjal-9207	758	49	being	be	AUX
cjal-9207	758	50	mostly	mostly	ADV
cjal-9207	758	51	served	serve	VERB
cjal-9207	758	52	.	.	PUNCT
cjal-9207	759	1	128	128	NUM
cjal-9207	759	2	nevertheless	nevertheless	ADV
cjal-9207	759	3	,	,	PUNCT
cjal-9207	759	4	the	the	DET
cjal-9207	759	5	french	french	ADJ
cjal-9207	759	6	commercial	commercial	ADJ
cjal-9207	759	7	code	code	NOUN
cjal-9207	759	8	permits	permit	VERB
cjal-9207	759	9	publi	publi	PROPN
cjal-9207	759	10	c	c	PROPN
cjal-9207	759	11	shareholders	shareholder	NOUN
cjal-9207	759	12	with	with	ADP
cjal-9207	759	13	at	at	ADV
cjal-9207	759	14	least	least	ADV
cjal-9207	759	15	five	five	NUM
cjal-9207	759	16	percent	percent	NOUN
cjal-9207	759	17	of	of	ADP
cjal-9207	759	18	the	the	DET
cjal-9207	759	19	voting	voting	NOUN
cjal-9207	760	1	right	right	NOUN
cjal-9207	760	2	s	s	PROPN
cjal-9207	760	3	and	and	CCONJ
cjal-9207	760	4	who	who	PRON
cjal-9207	760	5	ha	ha	INTJ
cjal-9207	760	6	ve	ve	AUX
cjal-9207	760	7	held	hold	VERB
cjal-9207	760	8	their	their	PRON
cjal-9207	760	9	shares	share	NOUN
cjal-9207	760	10	for	for	ADP
cjal-9207	760	11	more	more	ADJ
cjal-9207	760	12	than	than	ADP
cjal-9207	760	13	two	two	NUM
cjal-9207	760	14	years	year	NOUN
cjal-9207	760	15	to	to	PART
cjal-9207	760	16	form	form	VERB
cjal-9207	760	17	"	"	PUNCT
cjal-9207	760	18	association	association	NOUN
cjal-9207	760	19	s	s	PART
cjal-9207	760	20	d'actionnaires	d'actionnaire	NOUN
cjal-9207	760	21	"	"	PUNCT
cjal-9207	760	22	to	to	PART
cjal-9207	760	23	act	act	VERB
cjal-9207	760	24	in	in	ADP
cjal-9207	760	25	concert	concert	NOUN
cjal-9207	760	26	to	to	PART
cjal-9207	760	27	further	further	VERB
cjal-9207	760	28	the	the	DET
cjal-9207	760	29	public	public	ADJ
cjal-9207	760	30	shareholder	shareholder	NOUN
cjal-9207	760	31	s	s	PART
cjal-9207	760	32	'	'	PUNCT
cjal-9207	760	33	collective	collective	ADJ
cjal-9207	760	34	interest.129	interest.129	VERB
cjal-9207	760	35	these	these	DET
cjal-9207	760	36	associations	association	NOUN
cjal-9207	760	37	pursue	pursue	VERB
cjal-9207	760	38	legal	legal	ADJ
cjal-9207	760	39	12	12	NUM
cjal-9207	760	40	•	•	NOUN
cjal-9207	760	41	emma	emma	PROPN
cjal-9207	760	42	sjostrom	sjostrom	PROPN
cjal-9207	760	43	,	,	PUNCT
cjal-9207	760	44	translating	translate	VERB
cjal-9207	760	45	ldeolom	ldeolom	NOUN
cjal-9207	760	46	cally	cally	ADV
cjal-9207	760	47	based	base	VERB
cjal-9207	760	48	c	c	PROPN
cjal-9207	760	49	h	h	PROPN
cjal-9207	760	50	c	c	X
cjal-9207	760	51	·	·	PUNCT
cjal-9207	760	52	·	·	PUNCT
cjal-9207	760	53	z	z	X
cjal-9207	760	54	s	s	PART
cjal-9207	760	55	·	·	PUNCT
cjal-9207	760	56	t	t	NOUN
cjal-9207	760	57	•	•	NOUN
cjal-9207	760	58	.	.	PUNCT
cjal-9207	760	59	.	.	PUNCT
cjal-9207	760	60	.	.	PUNCT
cjal-9207	761	1	o	o	NOUN
cjal-9207	761	2	•	•	NUM
cjal-9207	761	3	oncerns	oncern	NOUN
cjal-9207	761	4	:	:	PUNCT
cjal-9207	761	5	ou	ou	X
cjal-9207	761	6	,	,	PUNCT
cjal-9207	761	7	u	u	NOUN
cjal-9207	761	8	ocie	ocie	ADJ
cjal-9207	761	9	)	)	PUNCT
cjal-9207	761	10	organizations	organization	NOUN
cjal-9207	761	11	use	use	VERB
cjal-9207	761	12	the	the	DET
cjal-9207	761	13	financial	financial	ADJ
cjal-9207	761	14	market	market	NOUN
cjal-9207	761	15	to	to	PART
cjal-9207	761	16	protect	protect	VERB
cjal-9207	761	17	human	human	ADJ
cjal-9207	761	18	rights	right	NOUN
cjal-9207	761	19	6	6	NUM
cjal-9207	761	20	l,--r'l	l,--r'l	PROPN
cjal-9207	761	21	j	j	PROPN
cjal-9207	761	22	of	of	ADP
cjal-9207	761	23	e:--,•r	e:--,•r	PROPN
cjal-9207	761	24	&	&	CCONJ
cjal-9207	761	25	sustainable	sustainable	PROPN
cjal-9207	761	26	dev	dev	PROPN
cjal-9207	761	27	.	.	PROPN
cjal-9207	762	1	153	153	NUM
cjal-9207	762	2	(	(	PUNCT
cjal-9207	762	3	2007	2007	NUM
cjal-9207	762	4	)	)	PUNCT
cjal-9207	762	5	.	.	PUNCT
cjal-9207	762	6	'	'	PUNCT
cjal-9207	762	7	.	.	PUNCT
cjal-9207	763	1	.	.	PUNCT
cjal-9207	764	1	125	125	NUM
cjal-9207	764	2	mara	mara	PROPN
cjal-9207	764	3	faccio	faccio	PROPN
cjal-9207	764	4	&	&	CCONJ
cjal-9207	764	5	larry	larry	PROPN
cjal-9207	764	6	h	h	PROPN
cjal-9207	764	7	p	p	PROPN
cjal-9207	764	8	la	la	X
cjal-9207	764	9	th	th	X
cjal-9207	764	10	ul	ul	NOUN
cjal-9207	764	11	·	·	PUNCT
cjal-9207	764	12	·	·	PUNCT
cjal-9207	764	13	c	c	X
cjal-9207	764	14	.	.	PUNCT
cjal-9207	764	15	·	·	PUNCT
cjal-9207	764	16	·	·	PUNCT
cjal-9207	764	17	ng	ng	PROPN
cjal-9207	764	18	,	,	PUNCT
cjal-9207	764	19	e	e	PROPN
cjal-9207	764	20	timate	timate	PROPN
cjal-9207	764	21	ownership	ownership	NOUN
cjal-9207	764	22	of	of	ADP
cjal-9207	764	23	western	western	ADJ
cjal-9207	764	24	european	european	ADJ
cjal-9207	764	25	orporatwns	orporatwn	NOUN
cjal-9207	764	26	,	,	PUNCT
cjal-9207	764	27	65	65	NUM
cjal-9207	764	28	j.	j.	PROPN
cjal-9207	764	29	fin	fin	PROPN
cjal-9207	764	30	.	.	PUNCT
cjal-9207	764	31	econ	econ	PROPN
cjal-9207	764	32	.	.	PROPN
cjal-9207	764	33	,	,	PUNCT
cjal-9207	764	34	365	365	NUM
cjal-9207	764	35	(	(	PUNCT
cjal-9207	764	36	2002	2002	NUM
cjal-9207	764	37	)	)	PUNCT
cjal-9207	764	38	.	.	PUNCT
cjal-9207	765	1	126	126	NUM
cjal-9207	765	2	mark	mark	PROPN
cjal-9207	765	3	j.	j.	PROPN
cjal-9207	765	4	roe	roe	PROPN
cjal-9207	765	5	,	,	PUNCT
cjal-9207	765	6	p	p	PRON
cjal-9207	765	7	olitical	olitical	ADJ
cjal-9207	765	8	determinants	determinant	NOUN
cjal-9207	765	9	of	of	ADP
cjal-9207	765	10	co	co	ADJ
cjal-9207	765	11	context	context	PROPN
cjal-9207	765	12	corporate	corporate	ADJ
cjal-9207	765	13	impact	impact	NOUN
cjal-9207	765	14	65	65	NUM
cjal-9207	765	15	70	70	NUM
cjal-9207	765	16	.	.	PUNCT
cjal-9207	765	17	.	.	PUNCT
cjal-9207	766	1	rporate	rporate	VERB
cjal-9207	766	2	go\'er	go\'er	NOUN
cjal-9207	766	3	.	.	PUNCT
cjal-9207	766	4	',a	',a	PART
cjal-9207	766	5	..	..	PUNCT
cjal-9207	766	6	',ce	',ce	NUM
cjal-9207	766	7	:	:	PUNCT
cjal-9207	767	1	political	political	ADJ
cjal-9207	767	2	,	,	PUNCT
cjal-9207	767	3	(	(	PUNCT
cjal-9207	767	4	2003	2003	NUM
cjal-9207	767	5	)	)	PUNCT
cjal-9207	767	6	·	·	PUNCT
cjal-9207	767	7	v1v1en	v1v1en	VERB
cjal-9207	767	8	a	a	PRON
cjal-9207	767	9	"	"	PUNCT
cjal-9207	767	10	·	·	SYM
cjal-9207	767	11	h	h	NOUN
cjal-9207	767	12	"	"	PUNCT
cjal-9207	767	13	d	d	NOUN
cjal-9207	767	14	"	"	PUNCT
cjal-9207	767	15	'	'	PUNCT
cjal-9207	767	16	i	i	PRON
cjal-9207	767	17	ca	can	AUX
cjal-9207	767	18	·	·	PUNCT
cjal-9207	767	19	1	1	X
cjal-9207	767	20	·	·	PUNCT
cjal-9207	767	21	tran	tran	PROPN
cjal-9207	767	22	sformed	sforme	VERB
cjal-9207	767	23	yet	yet	ADV
cjal-9207	767	24	still	still	ADV
cjal-9207	767	25	a	a	DET
cjal-9207	767	26	third	third	ADJ
cjal-9207	767	27	v	v	NOUN
cjal-9207	767	28	;	;	PUNCT
cjal-9207	767	29	•	•	ADV
cjal-9207	767	30	.	.	PUNCT
cjal-9207	767	31	'	'	PUNCT
cjal-9207	767	32	.	.	PUNCT
cjal-9207	768	1	·	·	PUNCT
cjal-9207	768	2	oc	oc	X
cjal-9207	768	3	mi	mi	PROPN
cjal-9207	768	4	t	t	PROPN
cjal-9207	768	5	,	,	PUNCT
cjal-9207	768	6	rr	rr	PROPN
cjal-9207	768	7	enc	enc	PROPN
cjal-9207	768	8	i	i	PRON
cjal-9207	768	9	prlo	prlo	VERB
cjal-9207	768	10	ism	ism	NOUN
cjal-9207	768	11	127	127	NUM
cjal-9207	768	12	'	'	PART
cjal-9207	768	13	•	•	NOUN
cjal-9207	768	14	anet	anet	NOUN
cjal-9207	768	15	y	y	PROPN
cjal-9207	768	16	of	of	ADP
cjal-9207	768	17	capitalrsm	capitalrsm	PROPN
cjal-9207	768	18	,	,	PUNCT
cjal-9207	768	19	32	32	NUM
cjal-9207	768	20	econ	econ	X
cjal-9207	768	21	.	.	PUNCT
cjal-9207	769	1	&	&	CCONJ
cjal-9207	769	2	society	society	PROPN
cjal-9207	769	3	526	526	NUM
cjal-9207	769	4	(	(	PUNCT
cjal-9207	769	5	2003	2003	NUM
cjal-9207	769	6	)	)	PUNCT
cjal-9207	769	7	.	.	PUNCT
cjal-9207	770	1	it	it	PRON
cjal-9207	770	2	seems	seem	VERB
cjal-9207	770	3	fair	fair	ADJ
cjal-9207	770	4	to	to	PART
cjal-9207	770	5	say	say	VERB
cjal-9207	770	6	that	that	SCONJ
cjal-9207	770	7	f	f	PROPN
cjal-9207	770	8	r	r	NOUN
cjal-9207	770	9	a	a	DET
cjal-9207	770	10	nce	nce	NOUN
cjal-9207	770	11	's	's	PART
cjal-9207	770	12	capita	capita	NOUN
cjal-9207	770	13	l	l	NOUN
cjal-9207	770	14	market	market	NOUN
cjal-9207	770	15	f	f	PROPN
cjal-9207	770	16	·	·	PUNCT
cjal-9207	770	17	·	·	PUNCT
cjal-9207	770	18	·	·	PUNCT
cjal-9207	770	19	of	of	ADP
cjal-9207	770	20	social	social	ADJ
cjal-9207	770	21	democratic	democratic	ADJ
cjal-9207	770	22	state	state	NOUN
cjal-9207	770	23	-	-	PUNCT
cjal-9207	770	24	capital	capital	NOUN
cjal-9207	770	25	"	"	PUNCT
cjal-9207	770	26	s	s	NOUN
cjal-9207	770	27	hm'd	hm'd	NOUN
cjal-9207	770	28	.	.	PUNCT
cjal-9207	770	29	.	.	PUNCT
cjal-9207	771	1	unctions	unction	NOUN
cjal-9207	771	2	10	10	NUM
cjal-9207	771	3	the	the	DET
cjal-9207	771	4	embrace	embrace	NOUN
cjal-9207	771	5	of	of	ADP
cjal-9207	771	6	a	a	DET
cjal-9207	771	7	kind	kind	NOUN
cjal-9207	771	8	i	i	PRON
cjal-9207	771	9	sm	sm	VERB
cjal-9207	771	10	,	,	PUNCT
cjal-9207	771	11	c	c	PROPN
cjal-9207	771	12	1	1	NUM
cjal-9207	771	13	t	t	NOUN
cjal-9207	771	14	i	i	PROPN
cjal-9207	771	15	d	d	PROPN
cjal-9207	771	16	and	and	CCONJ
cjal-9207	771	17	1s	1s	NUM
cjal-9207	771	18	th	th	X
cjal-9207	771	19	fi	fi	NOUN
cjal-9207	771	20	f	f	PROPN
cjal-9207	771	21	·	·	PUNCT
cjal-9207	771	22	ul	ul	PROPN
cjal-9207	771	23	·	·	PUNCT
cjal-9207	771	24	t	t	PROPN
cjal-9207	771	25	the	the	DET
cjal-9207	771	26	comparati	comparati	PROPN
cjal-9207	771	27	ve	ve	AUX
cjal-9207	771	28	analysis	analysis	NOUN
cjal-9207	771	29	her	her	PRON
cjal-9207	771	30	e	e	PROPN
cjal-9207	771	31	fort	fort	PROPN
cjal-9207	771	32	h	h	PROPN
cjal-9207	771	33	with	with	ADP
cjal-9207	771	34	chin~.	chin~.	PROPN
cjal-9207	771	35	,	,	PUNCT
cjal-9207	771	36	ere	ere	PROPN
cjal-9207	771	37	ore	ore	PROPN
cjal-9207	771	38	o	o	PROPN
cjal-9207	771	39	parnc	parnc	PROPN
cjal-9207	771	40	ar	ar	PROPN
cjal-9207	771	41	mteres	mtere	NOUN
cjal-9207	771	42	to	to	ADP
cjal-9207	771	43	128	128	NUM
cjal-9207	771	44	mariana	mariana	PROPN
cjal-9207	771	45	pargendler	pargendler	NOUN
cjal-9207	771	46	,	,	PUNCT
cjal-9207	771	47	state	state	NOUN
cjal-9207	771	48	ownershi	ownershi	PROPN
cjal-9207	771	49	d	d	PROPN
cjal-9207	771	50	rev	rev	X
cjal-9207	771	51	.	.	PROPN
cjal-9207	771	52	2917	2917	NUM
cjal-9207	771	53	2954	2954	NUM
cjal-9207	771	54	(	(	PUNCT
cjal-9207	771	55	2012	2012	NUM
cjal-9207	771	56	)	)	PUNCT
cjal-9207	772	1	(	(	PUNCT
cjal-9207	772	2	not;ng	not;ng	NOUN
cjal-9207	772	3	ho	ho	PROPN
cjal-9207	773	1	th	th	X
cjal-9207	773	2	f	f	X
cjal-9207	773	3	p	p	X
cjal-9207	773	4	ban	ban	NOUN
cjal-9207	773	5	corporate	corporate	ADJ
cjal-9207	773	6	governance	governance	NOUN
cjal-9207	773	7	,	,	PUNCT
cjal-9207	773	8	80	80	NUM
cjal-9207	773	9	fordha)i	fordha)i	NOUN
cjal-9207	773	10	l.	l.	NOUN
cjal-9207	773	11	•	•	NUM
cjal-9207	773	12	~	~	PUNCT
cjal-9207	773	13	,	,	PUNCT
cjal-9207	773	14	w	w	PROPN
cjal-9207	773	15	e	e	X
cjal-9207	773	16	renc	renc	NOUN
cjal-9207	773	17	"	"	PUNCT
cjal-9207	773	18	do	do	AUX
cjal-9207	773	19	ubl	ubl	VERB
cjal-9207	773	20	ti	ti	PROPN
cjal-9207	773	21	·	·	PUNCT
cjal-9207	773	22	·	·	PUNCT
cjal-9207	774	1	d	d	X
cjal-9207	774	2	magnify	magnify	VERB
cjal-9207	774	3	the	the	DET
cjal-9207	774	4	voting	voting	NOUN
cjal-9207	774	5	power	power	NOUN
cjal-9207	774	6	of	of	ADP
cjal-9207	774	7	the	the	DET
cjal-9207	774	8	st	st	PROPN
cjal-9207	774	9	t	t	PROPN
cjal-9207	774	10	)	)	PUNCT
cjal-9207	774	11	s	s	PART
cjal-9207	774	12	e	e	PROPN
cjal-9207	774	13	vo	vo	X
cjal-9207	774	14	ng	ng	PROPN
cjal-9207	774	15	nghts	nght	VERB
cjal-9207	774	16	syste	syste	PROPN
cjal-9207	774	17	m	m	PROPN
cjal-9207	774	18	1s	1s	PROPN
cjal-9207	774	19	serve	serve	VERB
cjal-9207	774	20	to	to	ADP
cjal-9207	774	21	governance	governance	NOUN
cjal-9207	774	22	structure	structure	NOUN
cjal-9207	774	23	:	:	PUNCT
cjal-9207	774	24	the	the	DET
cjal-9207	774	25	inte	inte	NOUN
cjal-9207	774	26	:	:	PUNCT
cjal-9207	774	27	e:;s	e:;s	X
cjal-9207	775	1	oe	oe	PROPN
cjal-9207	775	2	.	.	PUNCT
cjal-9207	775	3	:	:	PUNCT
cjal-9207	775	4	/enerally	/enerally	ADV
cjal-9207	775	5	luca	luca	PROPN
cjal-9207	775	6	enriques	enriques	PROPN
cjal-9207	775	7	et	et	PROPN
cjal-9207	775	8	al	al	PROPN
cjal-9207	775	9	.	.	PROPN
cjal-9207	775	10	,	,	PUNCT
cjal-9207	775	11	the	the	DET
cjal-9207	775	12	basic	basic	ADJ
cjal-9207	775	13	corporate	corporate	ADJ
cjal-9207	775	14	law	law	NOUN
cjal-9207	775	15	:	:	PUNCT
cjal-9207	775	16	a	a	DET
cjal-9207	775	17	comparative	comparative	NOUN
cjal-9207	775	18	and	and	CCONJ
cjal-9207	775	19	funhareholders	funhareholder	NOUN
cjal-9207	775	20	as	as	ADP
cjal-9207	775	21	a	a	DET
cjal-9207	775	22	class	class	NOUN
cjal-9207	775	23	,	,	PUNCT
cjal-9207	775	24	the	the	DET
cjal-9207	775	25	axato~!y	axato~!y	NOUN
cjal-9207	775	26	of	of	ADP
cjal-9207	775	27	h.	h.	PROPN
cjal-9207	775	28	kraakman	kraakman	PROPN
cjal-9207	775	29	ed	ed	PROPN
cjal-9207	775	30	,	,	PUNCT
cjal-9207	775	31	2d	2d	PROPN
cjal-9207	775	32	ed	ed	NOUN
cjal-9207	775	33	.	.	PROPN
cjal-9207	775	34	2009	2009	NUM
cjal-9207	775	35	)	)	PUNCT
cjal-9207	776	1	(	(	PUNCT
cjal-9207	776	2	positing	posit	VERB
cjal-9207	776	3	h	h	NOUN
cjal-9207	776	4	th	th	X
cjal-9207	776	5	ctlonal	ctlonal	ADJ
cjal-9207	776	6	approach	approach	NOUN
cjal-9207	776	7	55	55	NUM
cjal-9207	776	8	,	,	PUNCT
cjal-9207	776	9	84	84	NUM
cjal-9207	776	10	-	-	SYM
cjal-9207	776	11	5	5	NUM
cjal-9207	776	12	(	(	PUNCT
cjal-9207	776	13	reinier	reinier	ADJ
cjal-9207	776	14	state	state	NOUN
cjal-9207	776	15	,	,	PUNCT
cjal-9207	776	16	concentrated	concentrated	ADJ
cjal-9207	776	17	owner	owner	NOUN
cjal-9207	776	18	ship	ship	NOUN
cjal-9207	776	19	and	and	CCONJ
cjal-9207	776	20	h	h	NOUN
cjal-9207	776	21	ohw	ohw	PROPN
cjal-9207	776	22	ld	ld	PROPN
cjal-9207	776	23	e	e	PROPN
cjal-9207	776	24	re_lationship	re_lationship	NOUN
cjal-9207	776	25	between	between	ADP
cjal-9207	776	26	an	an	DET
cjal-9207	776	27	interventionist	interventionist	NOUN
cjal-9207	776	28	'	'	PART
cjal-9207	776	29	s	s	PROPN
cjal-9207	776	30	~	~	SYM
cjal-9207	776	31	o	o	X
cjal-9207	776	32	~	~	X
cjal-9207	776	33	hndll	hndll	X
cjal-9207	776	34	.	.	PUNCT
cjal-9207	777	1	·	·	PUNCT
cjal-9207	777	2	priorities	priority	NOUN
cjal-9207	777	3	)	)	PUNCT
cjal-9207	777	4	.	.	PUNCT
cjal-9207	778	1	y	y	PROPN
cjal-9207	778	2	aws	aw	NOUN
cjal-9207	778	3	may	may	AUX
cjal-9207	778	4	promote	promote	VERB
cjal-9207	778	5	the	the	DET
cjal-9207	778	6	states	state	NOUN
cjal-9207	778	7	129	129	NUM
cjal-9207	778	8	see	see	VERB
cjal-9207	778	9	code	code	PROPN
cjal-9207	778	10	de	de	X
cjal-9207	778	11	commerce	commerce	PROPN
cjal-9207	778	12	[	[	X
cjal-9207	778	13	c.	c.	PROPN
cjal-9207	778	14	com	com	NOUN
cjal-9207	778	15	]	]	PUNCT
cjal-9207	779	1	[	[	X
cjal-9207	779	2	c	c	X
cjal-9207	779	3	l.225	l.225	NOUN
cjal-9207	779	4	-	-	PUNCT
cjal-9207	779	5	230	230	NUM
cjal-9207	779	6	to	to	ADP
cjal-9207	779	7	l.225	l.225	NOUN
cjal-9207	779	8	-	-	PUNCT
cjal-9207	779	9	233	233	NUM
cjal-9207	779	10	,	,	PUNCT
cjal-9207	779	11	&	&	CCONJ
cjal-9207	779	12	l.225	l.225	PROPN
cjal-9207	779	13	-25	-25	PROPN
cjal-9207	779	14	2	2	NUM
cjal-9207	779	15	(	(	PUNCT
cjal-9207	779	16	fr	fr	NOUN
cjal-9207	779	17	.	.	PUNCT
cjal-9207	779	18	)	)	PUNCT
cjal-9207	779	19	s	s	PART
cjal-9207	779	20	o	o	NOUN
cjal-9207	779	21	~	~	PROPN
cjal-9207	779	22	rcial	rcial	ADJ
cjal-9207	779	23	code	code	NOUN
cjal-9207	779	24	]	]	PUNCT
cjal-9207	779	25	arts	art	NOUN
cjal-9207	779	26	.	.	PUNCT
cjal-9207	780	1	l.225	l.225	PROPN
cjal-9207	780	2	-	-	PUNCT
cjal-9207	780	3	103	103	NUM
cjal-9207	780	4	.	.	PUNCT
cjal-9207	780	5	l.225	l.225	PROPN
cjal-9207	780	6	-	-	PUNCT
cjal-9207	780	7	105	105	NUM
cjal-9207	780	8	,	,	PUNCT
cjal-9207	780	9	·	·	PUNCT
cjal-9207	781	1	·	·	PUNCT
cjal-9207	781	2	ee	ee	ADP
cjal-9207	781	3	a	a	DET
cjal-9207	781	4	so	so	ADV
cjal-9207	781	5	yaron	yaron	PROPN
cjal-9207	781	6	nili	nili	PROPN
cjal-9207	781	7	,	,	PUNCT
cjal-9207	781	8	missing	miss	VERB
cjal-9207	781	9	the	the	DET
cjal-9207	781	10	forest	forest	NOUN
cjal-9207	781	11	from	from	ADP
cjal-9207	781	12	the	the	DET
cjal-9207	781	13	-2016	-2016	PROPN
cjal-9207	781	14	]	]	PUNCT
cjal-9207	781	15	minority	minority	NOUN
cjal-9207	781	16	public	public	ADJ
cjal-9207	781	17	shareholders	shareholder	NOUN
cjal-9207	781	18	in	in	ADP
cjal-9207	781	19	cmna	cmna	PROPN
cjal-9207	781	20	35	35	NUM
cjal-9207	781	21	remedies	remedy	NOUN
cjal-9207	781	22	through	through	ADP
cjal-9207	781	23	litigation	litigation	NOUN
cjal-9207	781	24	,	,	PUNCT
cjal-9207	781	25	and	and	CCONJ
cjal-9207	781	26	statutory	statutory	ADJ
cjal-9207	781	27	and	and	CCONJ
cjal-9207	781	28	regulatory	regulatory	ADJ
cjal-9207	781	29	protections	protection	NOUN
cjal-9207	781	30	by	by	ADP
cjal-9207	781	31	lobbying	lobby	VERB
cjal-9207	781	32	the	the	DET
cjal-9207	781	33	french	french	ADJ
cjal-9207	781	34	regulators	regulator	NOUN
cjal-9207	781	35	for	for	ADP
cjal-9207	781	36	minority	minority	NOUN
cjal-9207	781	37	shareholder	shareholder	NOUN
cjal-9207	781	38	-	-	PUNCT
cjal-9207	781	39	friendly	friendly	ADJ
cjal-9207	781	40	corporate	corporate	ADJ
cjal-9207	781	41	governance	governance	NOUN
cjal-9207	781	42	mechanisms	mechanism	NOUN
cjal-9207	781	43	.	.	PUNCT
cjal-9207	782	1	scholars	scholar	NOUN
cjal-9207	782	2	have	have	AUX
cjal-9207	782	3	argued	argue	VERB
cjal-9207	782	4	that	that	SCONJ
cjal-9207	782	5	the	the	DET
cjal-9207	782	6	coalition	coalition	NOUN
cjal-9207	782	7	-	-	PUNCT
cjal-9207	782	8	building	building	NOUN
cjal-9207	782	9	enabled	enable	VERB
cjal-9207	782	10	by	by	ADP
cjal-9207	782	11	these	these	DET
cjal-9207	782	12	associations	association	NOUN
cjal-9207	782	13	has	have	AUX
cjal-9207	782	14	meaningfully	meaningfully	ADV
cjal-9207	782	15	strengthened	strengthen	VERB
cjal-9207	782	16	minority	minority	NOUN
cjal-9207	782	17	public	public	ADJ
cjal-9207	782	18	shareholder	shareholder	NOUN
cjal-9207	782	19	participation	participation	NOUN
cjal-9207	782	20	m	m	VERB
cjal-9207	782	21	the	the	DET
cjal-9207	782	22	governance	governance	NOUN
cjal-9207	782	23	of	of	ADP
cjal-9207	782	24	french	french	ADJ
cjal-9207	782	25	firms	firm	NOUN
cjal-9207	782	26	_	_	NOUN
cjal-9207	782	27	130	130	NUM
cjal-9207	782	28	however	however	ADV
cjal-9207	782	29	,	,	PUNCT
cjal-9207	782	30	it	it	PRON
cjal-9207	782	31	seems	seem	VERB
cjal-9207	782	32	unlikely	unlikely	ADJ
cjal-9207	782	33	that	that	SCONJ
cjal-9207	782	34	a	a	DET
cjal-9207	782	35	role	role	NOUN
cjal-9207	782	36	comparable	comparable	ADJ
cjal-9207	782	37	to	to	ADP
cjal-9207	782	38	the	the	DET
cjal-9207	782	39	one	one	NUM
cjal-9207	782	40	played	play	VERB
cjal-9207	782	41	by	by	ADP
cjal-9207	782	42	the	the	DET
cjal-9207	782	43	french	french	ADJ
cjal-9207	782	44	shareholders	shareholder	NOUN
cjal-9207	782	45	'	'	PART
cjal-9207	782	46	associations	association	NOUN
cjal-9207	782	47	is	be	AUX
cjal-9207	782	48	possible	possible	ADJ
cjal-9207	782	49	for	for	ADP
cjal-9207	782	50	chinese	chinese	ADJ
cjal-9207	782	51	social	social	ADJ
cjal-9207	782	52	organizations	organization	NOUN
cjal-9207	782	53	in	in	ADP
cjal-9207	782	54	the	the	DET
cjal-9207	782	55	capital	capital	NOUN
cjal-9207	782	56	markets	market	NOUN
cjal-9207	782	57	governed	govern	VERB
cjal-9207	782	58	by	by	ADP
cjal-9207	782	59	the	the	DET
cjal-9207	782	60	prc	prc	PROPN
cjal-9207	782	61	's	's	PART
cjal-9207	782	62	authoritarian	authoritarian	ADJ
cjal-9207	782	63	single	single	ADJ
cjal-9207	782	64	party	party	NOUN
cjal-9207	782	65	regime	regime	NOUN
cjal-9207	782	66	.	.	PUNCT
cjal-9207	783	1	the	the	DET
cjal-9207	783	2	traditional	traditional	ADJ
cjal-9207	783	3	reliance	reliance	NOUN
cjal-9207	783	4	such	such	ADJ
cjal-9207	783	5	social	social	ADJ
cjal-9207	783	6	organizations	organization	NOUN
cjal-9207	783	7	place	place	NOUN
cjal-9207	783	8	on	on	ADP
cjal-9207	783	9	law	law	NOUN
cjal-9207	783	10	and	and	CCONJ
cjal-9207	783	11	legal	legal	ADJ
cjal-9207	783	12	institutions	institution	NOUN
cjal-9207	783	13	to	to	PART
cjal-9207	783	14	enforce	enforce	VERB
cjal-9207	783	15	their	their	PRON
cjal-9207	783	16	rights	right	NOUN
cjal-9207	783	17	,	,	PUNCT
cjal-9207	783	18	as	as	ADV
cjal-9207	783	19	well	well	ADV
cjal-9207	783	20	as	as	ADP
cjal-9207	783	21	their	their	PRON
cjal-9207	783	22	ability	ability	NOUN
cjal-9207	783	23	to	to	PART
cjal-9207	783	24	publicly	publicly	ADV
cjal-9207	783	25	critique	critique	VERB
cjal-9207	783	26	corporate	corporate	ADJ
cjal-9207	783	27	misconduct	misconduct	NOUN
cjal-9207	783	28	through	through	ADP
cjal-9207	783	29	a	a	DET
cjal-9207	783	30	relatively	relatively	ADV
cjal-9207	783	31	free	free	ADJ
cjal-9207	783	32	financial	financial	ADJ
cjal-9207	783	33	press	press	NOUN
cjal-9207	783	34	,	,	PUNCT
cjal-9207	783	35	make	make	VERB
cjal-9207	783	36	similar	similar	ADJ
cjal-9207	783	37	fun	fun	NOUN
cjal-9207	783	38	:	:	PUNCT
cjal-9207	783	39	ctions	ction	NOUN
cjal-9207	783	40	in	in	ADP
cjal-9207	783	41	china	china	PROPN
cjal-9207	783	42	difficult	difficult	ADJ
cjal-9207	783	43	.	.	PUNCT
cjal-9207	784	1	the	the	DET
cjal-9207	784	2	chinese	chinese	ADJ
cjal-9207	784	3	people	people	NOUN
cjal-9207	784	4	's	's	PART
cjal-9207	784	5	courts	court	NOUN
cjal-9207	784	6	are	be	AUX
cjal-9207	784	7	not	not	PART
cjal-9207	784	8	an	an	DET
cjal-9207	784	9	independent	independent	ADJ
cjal-9207	784	10	branch	branch	NOUN
cjal-9207	784	11	of	of	ADP
cjal-9207	784	12	government	government	NOUN
cjal-9207	784	13	,	,	PUNCT
cjal-9207	784	14	and	and	CCONJ
cjal-9207	784	15	are	be	AUX
cjal-9207	784	16	part	part	NOUN
cjal-9207	784	17	of	of	ADP
cjal-9207	784	18	the	the	DET
cjal-9207	784	19	party	party	NOUN
cjal-9207	784	20	-	-	PUNCT
cjal-9207	784	21	state	state	NOUN
cjal-9207	784	22	bureaucracy	bureaucracy	NOUN
cjal-9207	784	23	.	.	PUNCT
cjal-9207	785	1	this	this	PRON
cjal-9207	785	2	means	mean	VERB
cjal-9207	785	3	that	that	SCONJ
cjal-9207	785	4	the	the	DET
cjal-9207	785	5	chinese	chinese	ADJ
cjal-9207	785	6	judiciary	judiciary	NOUN
cjal-9207	785	7	is	be	AUX
cjal-9207	785	8	weak	weak	ADJ
cjal-9207	785	9	,	,	PUNCT
cjal-9207	785	10	and	and	CCONJ
cjal-9207	785	11	in	in	ADP
cjal-9207	785	12	many	many	ADJ
cjal-9207	785	13	cases	case	NOUN
cjal-9207	785	14	lacks	lack	VERB
cjal-9207	785	15	the	the	DET
cjal-9207	785	16	technical	technical	ADJ
cjal-9207	785	17	competence	competence	NOUN
cjal-9207	785	18	,	,	PUNCT
cjal-9207	785	19	bureaucratic	bureaucratic	ADJ
cjal-9207	785	20	autonomy	autonomy	NOUN
cjal-9207	785	21	or	or	CCONJ
cjal-9207	785	22	political	political	ADJ
cjal-9207	785	23	independence	independence	NOUN
cjal-9207	785	24	necessary	necessary	ADJ
cjal-9207	785	25	for	for	SCONJ
cjal-9207	785	26	it	it	PRON
cjal-9207	785	27	to	to	PART
cjal-9207	785	28	act	act	VERB
cjal-9207	785	29	as	as	ADP
cjal-9207	785	30	a	a	DET
cjal-9207	785	31	vehicle	vehicle	NOUN
cjal-9207	785	32	for	for	ADP
cjal-9207	785	33	rights	right	NOUN
cjal-9207	785	34	protection	protection	NOUN
cjal-9207	785	35	and	and	CCONJ
cjal-9207	785	36	enforcement	enforcement	NOUN
cjal-9207	785	37	for	for	ADP
cjal-9207	785	38	such	such	ADJ
cjal-9207	785	39	social	social	ADJ
cjal-9207	785	40	organizations	organization	NOUN
cjal-9207	785	41	,	,	PUNCT
cjal-9207	785	42	even	even	ADV
cjal-9207	785	43	if	if	SCONJ
cjal-9207	785	44	permitted	permit	VERB
cjal-9207	785	45	,	,	PUNCT
cjal-9207	785	46	against	against	ADP
cjal-9207	785	47	far	far	ADV
cjal-9207	785	48	more	more	ADV
cjal-9207	785	49	powerful	powerful	ADJ
cjal-9207	785	50	party	party	NOUN
cjal-9207	785	51	-	-	PUNCT
cjal-9207	785	52	state	state	NOUN
cjal-9207	785	53	actors	actor	NOUN
cjal-9207	785	54	.	.	PUNCT
cjal-9207	786	1	131	131	NUM
cjal-9207	786	2	furthermore	furthermore	ADV
cjal-9207	786	3	,	,	PUNCT
cjal-9207	786	4	one	one	PRON
cjal-9207	786	5	needs	need	VERB
cjal-9207	786	6	to	to	PART
cjal-9207	786	7	understand	understand	VERB
cjal-9207	786	8	the	the	DET
cjal-9207	786	9	current	current	ADJ
cjal-9207	786	10	state	state	NOUN
cjal-9207	786	11	of	of	ADP
cjal-9207	786	12	"	"	PUNCT
cjal-9207	786	13	civil	civil	ADJ
cjal-9207	786	14	society	society	NOUN
cjal-9207	786	15	"	"	PUNCT
cjal-9207	786	16	in	in	ADP
cjal-9207	786	17	china	china	PROPN
cjal-9207	786	18	to	to	PART
cjal-9207	786	19	assess	assess	VERB
cjal-9207	786	20	the	the	DET
cjal-9207	786	21	possibilities	possibility	NOUN
cjal-9207	786	22	for	for	ADP
cjal-9207	786	23	chinese	chinese	ADJ
cjal-9207	786	24	social	social	ADJ
cjal-9207	786	25	organizations	organization	NOUN
cjal-9207	786	26	,	,	PUNCT
cjal-9207	786	27	even	even	ADV
cjal-9207	786	28	as	as	SCONJ
cjal-9207	786	29	shareho	shareho	PROPN
cjal-9207	786	30	lders	lder	NOUN
cjal-9207	786	31	,	,	PUNCT
cjal-9207	786	32	as	as	ADP
cjal-9207	786	33	corporate	corporate	ADJ
cjal-9207	786	34	governance	governance	NOUN
cjal-9207	786	35	participants	participant	NOUN
cjal-9207	786	36	in	in	ADP
cjal-9207	786	37	the	the	DET
cjal-9207	786	38	prc	prc	PROPN
cjal-9207	786	39	.	.	PUNCT
cjal-9207	787	1	the	the	DET
cjal-9207	787	2	emergence	emergence	NOUN
cjal-9207	787	3	of	of	ADP
cjal-9207	787	4	civil	civil	ADJ
cjal-9207	787	5	society	society	NOUN
cjal-9207	787	6	,	,	PUNCT
cjal-9207	787	7	including	include	VERB
cjal-9207	787	8	citizens	citizen	NOUN
cjal-9207	787	9	'	'	PART
cjal-9207	787	10	access	access	NOUN
cjal-9207	787	11	to	to	ADP
cjal-9207	787	12	rights	right	NOUN
cjal-9207	787	13	-	-	PUNCT
cjal-9207	787	14	enforcing	enforce	VERB
cjal-9207	787	15	institutions	institution	NOUN
cjal-9207	787	16	,	,	PUNCT
cjal-9207	787	17	is	be	AUX
cjal-9207	787	18	a	a	DET
cjal-9207	787	19	matter	matter	NOUN
cjal-9207	787	20	of	of	ADP
cjal-9207	787	21	some	some	DET
cjal-9207	787	22	complexity	complexity	NOUN
cjal-9207	787	23	in	in	ADP
cjal-9207	787	24	china	china	PROPN
cjal-9207	787	25	.	.	PUNCT
cjal-9207	788	1	suffice	suffice	VERB
cjal-9207	788	2	it	it	PRON
cjal-9207	788	3	to	to	PART
cjal-9207	788	4	say	say	VERB
cjal-9207	788	5	that	that	SCONJ
cjal-9207	788	6	the	the	DET
cjal-9207	788	7	western	western	ADJ
cjal-9207	788	8	notion	notion	NOUN
cjal-9207	788	9	of	of	ADP
cjal-9207	788	10	"	"	PUNCT
cjal-9207	788	11	freedom	freedom	NOUN
cjal-9207	788	12	of	of	ADP
cjal-9207	788	13	association	association	NOUN
cjal-9207	788	14	"	"	PUNCT
cjal-9207	788	15	is	be	AUX
cjal-9207	788	16	absent	absent	ADJ
cjal-9207	788	17	.	.	PUNCT
cjal-9207	789	1	civil	civil	ADJ
cjal-9207	789	2	society	society	NOUN
cjal-9207	789	3	and	and	CCONJ
cjal-9207	789	4	organizations	organization	NOUN
cjal-9207	789	5	,	,	PUNCT
cjal-9207	789	6	as	as	ADV
cjal-9207	789	7	well	well	ADV
cjal-9207	789	8	as	as	ADP
cjal-9207	789	9	the	the	DET
cjal-9207	789	10	financial	financial	ADJ
cjal-9207	789	11	press	press	NOUN
cjal-9207	789	12	,	,	PUNCT
cjal-9207	789	13	are	be	AUX
cjal-9207	789	14	largely	largely	ADV
cjal-9207	789	15	confined	confine	VERB
cjal-9207	789	16	to	to	ADP
cjal-9207	789	17	areas	area	NOUN
cjal-9207	789	18	that	that	PRON
cjal-9207	789	19	do	do	AUX
cjal-9207	789	20	not	not	PART
cjal-9207	789	21	pose	pose	VERB
cjal-9207	789	22	a	a	DET
cjal-9207	789	23	threat	threat	NOUN
cjal-9207	789	24	to	to	ADP
cjal-9207	789	25	central	central	ADJ
cjal-9207	789	26	party	party	NOUN
cjal-9207	789	27	state	state	NOUN
cjal-9207	789	28	interests	interest	NOUN
cjal-9207	789	29	or	or	CCONJ
cjal-9207	789	30	can	can	AUX
cjal-9207	789	31	help	help	VERB
cjal-9207	789	32	the	the	DET
cjal-9207	789	33	center	center	NOUN
cjal-9207	789	34	keep	keep	VERB
cjal-9207	789	35	local	local	ADJ
cjal-9207	789	36	power	power	NOUN
cjal-9207	789	37	in	in	ADP
cjal-9207	789	38	control	control	NOUN
cjal-9207	789	39	.	.	PUNCT
cjal-9207	790	1	132	132	NUM
cjal-9207	790	2	indeed	indeed	ADV
cjal-9207	790	3	,	,	PUNCT
cjal-9207	790	4	while	while	SCONJ
cjal-9207	790	5	the	the	DET
cjal-9207	790	6	financial	financial	ADJ
cjal-9207	790	7	press	press	NOUN
cjal-9207	790	8	is	be	AUX
cjal-9207	790	9	becoming	become	VERB
cjal-9207	790	10	more	more	ADV
cjal-9207	790	11	autonomous	autonomous	ADJ
cjal-9207	790	12	and	and	CCONJ
cjal-9207	790	13	increasingly	increasingly	ADV
cjal-9207	790	14	influential	influential	ADJ
cjal-9207	790	15	,	,	PUNCT
cjal-9207	790	16	it	it	PRON
cjal-9207	790	17	is	be	AUX
cjal-9207	790	18	still	still	ADV
cjal-9207	790	19	ultimately	ultimately	ADV
cjal-9207	790	20	controlled	control	VERB
cjal-9207	790	21	by	by	ADP
cjal-9207	790	22	the	the	DET
cjal-9207	790	23	party	party	NOUN
cjal-9207	790	24	,	,	PUNCT
cjal-9207	790	25	and	and	CCONJ
cjal-9207	790	26	will	will	AUX
cjal-9207	790	27	continue	continue	VERB
cjal-9207	790	28	to	to	PART
cjal-9207	790	29	be	be	AUX
cjal-9207	790	30	used	use	VERB
cjal-9207	790	31	to	to	PART
cjal-9207	790	32	protect	protect	VERB
cjal-9207	790	33	party	party	NOUN
cjal-9207	790	34	-state	-state	PROPN
cjal-9207	790	35	interests	interest	NOUN
cjal-9207	790	36	.	.	PUNCT
cjal-9207	791	1	a	a	DET
cjal-9207	791	2	clear	clear	ADJ
cjal-9207	791	3	example	example	NOUN
cjal-9207	791	4	of	of	ADP
cjal-9207	791	5	this	this	DET
cjal-9207	791	6	orientation	orientation	NOUN
cjal-9207	791	7	was	be	AUX
cjal-9207	791	8	what	what	PRON
cjal-9207	791	9	occurred	occur	VERB
cjal-9207	791	10	in	in	ADP
cjal-9207	791	11	the	the	DET
cjal-9207	791	12	wake	wake	NOUN
cjal-9207	791	13	of	of	ADP
cjal-9207	791	14	two	two	NUM
cjal-9207	791	15	recent	recent	ADJ
cjal-9207	791	16	stock	stock	NOUN
cjal-9207	791	17	market	market	NOUN
cjal-9207	791	18	crashes	crash	NOUN
cjal-9207	791	19	in	in	ADP
cjal-9207	791	20	the	the	DET
cjal-9207	791	21	prc	prc	PROPN
cjal-9207	791	22	,	,	PUNCT
cjal-9207	791	23	where	where	SCONJ
cjal-9207	791	24	"	"	PUNCT
cjal-9207	791	25	disloyal	disloyal	ADJ
cjal-9207	791	26	"	"	PUNCT
cjal-9207	791	27	journalists	journalist	NOUN
cjal-9207	791	28	were	be	AUX
cjal-9207	791	29	arrested	arrest	VERB
cjal-9207	791	30	for	for	ADP
cjal-9207	791	31	trees	tree	NOUN
cjal-9207	791	32	:	:	PUNCT
cjal-9207	791	33	a	a	DET
cjal-9207	791	34	new	new	ADJ
cjal-9207	791	35	approach	approach	NOUN
cjal-9207	791	36	to	to	ADP
cjal-9207	791	37	shareholder	shareholder	NOUN
cjal-9207	791	38	activism	activism	NOUN
cjal-9207	791	39	,	,	PUNCT
cjal-9207	791	40	4	4	NUM
cjal-9207	791	41	harv	harv	NOUN
cjal-9207	791	42	.	.	PUNCT
cjal-9207	792	1	bus	bus	NOUN
cjal-9207	792	2	.	.	PUNCT
cjal-9207	793	1	l.	l.	PROPN
cjal-9207	793	2	rev	rev	PROPN
cjal-9207	793	3	.	.	PROPN
cjal-9207	793	4	157	157	NUM
cjal-9207	793	5	,	,	PUNCT
cjal-9207	793	6	197	197	NUM
cjal-9207	793	7	-	-	SYM
cjal-9207	793	8	98	98	NUM
cjal-9207	793	9	(	(	PUNCT
cjal-9207	793	10	2014	2014	NUM
cjal-9207	793	11	)	)	PUNCT
cjal-9207	793	12	(	(	PUNCT
cjal-9207	793	13	discussing	discuss	VERB
cjal-9207	793	14	relevant	relevant	ADJ
cjal-9207	793	15	sections	section	NOUN
cjal-9207	793	16	of	of	ADP
cjal-9207	793	17	the	the	DET
cjal-9207	793	18	french	french	PROPN
cjal-9207	793	19	code	code	PROPN
cjal-9207	793	20	de	de	X
cjal-9207	793	21	commerce	commerce	PROPN
cjal-9207	793	22	)	)	PUNCT
cjal-9207	793	23	.	.	PUNCT
cjal-9207	794	1	1:,0	1:,0	NUM
cjal-9207	794	2	carine	carine	PROPN
cjal-9207	794	3	girard	girard	NOUN
cjal-9207	794	4	,	,	PUNCT
cjal-9207	794	5	success	success	NOUN
cjal-9207	794	6	of	of	ADP
cjal-9207	794	7	shareholder	shareholder	NOUN
cjal-9207	794	8	activism	activism	NOUN
cjal-9207	794	9	:	:	PUNCT
cjal-9207	794	10	the	the	DET
cjal-9207	794	11	french	french	ADJ
cjal-9207	794	12	case	case	NOUN
cjal-9207	794	13	,	,	PUNCT
cjal-9207	794	14	bankers	banker	NOUN
cjal-9207	794	15	,	,	PUNCT
cjal-9207	794	16	markets	market	NOUN
cjal-9207	794	17	&	&	CCONJ
cjal-9207	794	18	investors	investor	NOUN
cjal-9207	794	19	,	,	PUNCT
cjal-9207	794	20	nov.-dec	nov.-dec	PROPN
cjal-9207	794	21	.	.	PROPN
cjal-9207	794	22	2011	2011	NUM
cjal-9207	794	23	.	.	PUNCT
cjal-9207	795	1	see	see	VERB
cjal-9207	795	2	also	also	ADV
cjal-9207	795	3	nili	nili	NOUN
cjal-9207	795	4	,	,	PUNCT
cjal-9207	795	5	supra	supra	PROPN
cjal-9207	795	6	note	note	PROPN
cjal-9207	795	7	132	132	NUM
cjal-9207	795	8	,	,	PUNCT
cjal-9207	795	9	at	at	ADP
cjal-9207	795	10	199	199	NUM
cjal-9207	795	11	&	&	CCONJ
cjal-9207	795	12	n.229	n.229	NOUN
cjal-9207	795	13	.	.	PUNCT
cjal-9207	796	1	1a1	1a1	NUM
cjal-9207	796	2	howson	howson	PROPN
cjal-9207	796	3	,	,	PUNCT
cjal-9207	796	4	supra	supra	PROPN
cjal-9207	796	5	note	note	PROPN
cjal-9207	796	6	64	64	NUM
cjal-9207	796	7	,	,	PUNCT
cjal-9207	796	8	at	at	ADP
cjal-9207	796	9	327	327	NUM
cjal-9207	796	10	-	-	SYM
cjal-9207	796	11	56	56	NUM
cjal-9207	796	12	.	.	NOUN
cjal-9207	796	13	132	132	NUM
cjal-9207	796	14	see	see	NOUN
cjal-9207	796	15	,	,	PUNCT
cjal-9207	796	16	e.g.	e.g.	ADV
cjal-9207	796	17	,	,	PUNCT
cjal-9207	796	18	bruce	bruce	PROPN
cjal-9207	796	19	j.	j.	PROPN
cjal-9207	796	20	dickson	dickson	PROPN
cjal-9207	796	21	,	,	PUNCT
cjal-9207	796	22	wealth	wealth	NOUN
cjal-9207	796	23	into	into	ADP
cjal-9207	796	24	power	power	NOUN
cjal-9207	796	25	:	:	PUNCT
cjal-9207	796	26	the	the	DET
cjal-9207	796	27	communist	communist	PROPN
cjal-9207	796	28	party	party	NOUN
cjal-9207	796	29	's	's	PART
cjal-9207	796	30	embrace	embrace	NOUN
cjal-9207	796	31	of	of	ADP
cjal-9207	796	32	chjna	chjna	PROPN
cjal-9207	796	33	's	's	PART
cjal-9207	796	34	private	private	ADJ
cjal-9207	796	35	sector	sector	NOUN
cjal-9207	796	36	(	(	PUNCT
cjal-9207	796	37	2008	2008	NUM
cjal-9207	796	38	)	)	PUNCT
cjal-9207	796	39	;	;	PUNCT
cjal-9207	796	40	donald	donald	PROPN
cjal-9207	796	41	c.	c.	PROPN
cjal-9207	796	42	clarke	clarke	PROPN
cjal-9207	796	43	,	,	PUNCT
cjal-9207	796	44	the	the	DET
cjal-9207	796	45	private	private	ADJ
cjal-9207	796	46	attorneygeneral	attorneygeneral	NOUN
cjal-9207	796	47	in	in	ADP
cjal-9207	796	48	china	china	PROPN
cjal-9207	796	49	:	:	PUNCT
cjal-9207	796	50	potential	potential	NOUN
cjal-9207	796	51	and	and	CCONJ
cjal-9207	796	52	pitfalls	pitfall	NOUN
cjal-9207	796	53	,	,	PUNCT
cjal-9207	796	54	8	8	NUM
cjal-9207	796	55	wash	wash	NOUN
cjal-9207	796	56	.	.	PUNCT
cjal-9207	797	1	u.	u.	PROPN
cjal-9207	797	2	glob	glob	PROPN
cjal-9207	797	3	.	.	PUNCT
cjal-9207	797	4	stud	stud	PROPN
cjal-9207	797	5	.	.	PUNCT
cjal-9207	798	1	l.	l.	PROPN
cjal-9207	798	2	rev	rev	PROPN
cjal-9207	798	3	.	.	PROPN
cjal-9207	798	4	24	24	NUM
cjal-9207	798	5	1	1	NUM
cjal-9207	798	6	(	(	PUNCT
cjal-9207	798	7	2009	2009	NUM
cjal-9207	798	8	)	)	PUNCT
cjal-9207	798	9	;	;	PUNCT
cjal-9207	798	10	benjamin	benjamin	PROPN
cjal-9207	798	11	l.	l.	PROPN
cjal-9207	798	12	liebman	liebman	PROPN
cjal-9207	798	13	,	,	PUNCT
cjal-9207	798	14	changing	change	VERB
cjal-9207	798	15	media	medium	NOUN
cjal-9207	798	16	,	,	PUNCT
cjal-9207	798	17	changing	change	VERB
cjal-9207	798	18	courts	court	NOUN
cjal-9207	798	19	,	,	PUNCT
cjal-9207	798	20	changing	change	VERB
cjal-9207	798	21	media	medium	NOUN
cjal-9207	798	22	,	,	PUNCT
cjal-9207	798	23	changing	change	VERB
cjal-9207	798	24	chjna	chjna	ADJ
cjal-9207	798	25	150	150	NUM
cjal-9207	798	26	,	,	PUNCT
cjal-9207	798	27	151	151	NUM
cjal-9207	798	28	(	(	PUNCT
cjal-9207	798	29	susan	susan	PROPN
cjal-9207	798	30	l.	l.	PROPN
cjal-9207	798	31	shirk	shirk	PROPN
cjal-9207	798	32	ed	ed	PROPN
cjal-9207	798	33	.	.	PROPN
cjal-9207	798	34	2011	2011	NUM
cjal-9207	798	35	)	)	PUNCT
cjal-9207	798	36	;	;	PUNCT
cjal-9207	798	37	benjamin	benjamin	PROPN
cjal-9207	798	38	van	van	PROPN
cjal-9207	798	39	rooij	rooij	PROPN
cjal-9207	798	40	,	,	PUNCT
cjal-9207	798	41	people	people	NOUN
cjal-9207	798	42	's	's	PART
cjal-9207	798	43	regulation	regulation	NOUN
cjal-9207	798	44	:	:	PUNCT
cjal-9207	798	45	citizens	citizen	NOUN
cjal-9207	798	46	and	and	CCONJ
cjal-9207	798	47	implementation	implementation	NOUN
cjal-9207	798	48	of	of	ADP
cjal-9207	798	49	law	law	NOUN
cjal-9207	798	50	in	in	ADP
cjal-9207	798	51	china	china	PROPN
cjal-9207	798	52	,	,	PUNCT
cjal-9207	798	53	25	25	NUM
cjal-9207	798	54	colum	colum	NOUN
cjal-9207	798	55	.	.	PUNCT
cjal-9207	799	1	j.	j.	PROPN
cjal-9207	799	2	asian	asian	PROPN
cjal-9207	799	3	l.	l.	PROPN
cjal-9207	799	4	116	116	NUM
cjal-9207	799	5	(	(	PUNCT
cjal-9207	799	6	2012	2012	NUM
cjal-9207	799	7	)	)	PUNCT
cjal-9207	799	8	.	.	PUNCT
cjal-9207	800	1	36	36	NUM
cjal-9207	800	2	columbia	columbia	PROPN
cjal-9207	800	3	jol'rsal	jol'rsal	PROPN
cjal-9207	800	4	ofasu.\	ofasu.\	PROPN
cjal-9207	800	5	'	'	PUNCT
cjal-9207	800	6	laii	laii	NOUN
cjal-9207	800	7	'	'	PART
cjal-9207	801	1	[	[	X
cjal-9207	801	2	yol	yol	X
cjal-9207	801	3	30;1	30;1	NUM
cjal-9207	801	4	contributing	contribute	VERB
cjal-9207	801	5	to	to	ADP
cjal-9207	801	6	the	the	DET
cjal-9207	801	7	market	market	NOUN
cjal-9207	801	8	declines	decline	NOUN
cjal-9207	801	9	and	and	CCONJ
cjal-9207	801	10	state	state	NOUN
cjal-9207	801	11	-	-	PUNCT
cjal-9207	801	12	owned	own	VERB
cjal-9207	801	13	media	medium	NOUN
cjal-9207	801	14	accused	accuse	VERB
cjal-9207	801	15	foreign	foreign	ADJ
cjal-9207	801	16	forces	force	NOUN
cjal-9207	801	17	for	for	ADP
cjal-9207	801	18	causing	cause	VERB
cjal-9207	801	19	market	market	NOUN
cjal-9207	801	20	volatihty	volatihty	NOUN
cjal-9207	801	21	.	.	PUNCT
cjal-9207	802	1	133	133	NUM
cjal-9207	802	2	in	in	ADP
cjal-9207	802	3	addition	addition	NOUN
cjal-9207	802	4	to	to	ADP
cjal-9207	802	5	these	these	DET
cjal-9207	802	6	limitations	limitation	NOUN
cjal-9207	802	7	on	on	ADP
cjal-9207	802	8	the	the	DET
cjal-9207	802	9	operation	operation	NOUN
cjal-9207	802	10	.	.	PUNCT
cjal-9207	803	1	of	of	ADP
cjal-9207	803	2	the	the	DET
cjal-9207	803	3	judicial	judicial	ADJ
cjal-9207	803	4	system	system	NOUN
cjal-9207	803	5	,	,	PUNCT
cjal-9207	803	6	the	the	DET
cjal-9207	803	7	financial	financial	ADJ
cjal-9207	803	8	press	press	NOUN
cjal-9207	803	9	and	and	CCONJ
cjal-9207	803	10	civil	civil	ADJ
cjal-9207	803	11	society	society	NOUN
cjal-9207	803	12	at	at	ADP
cjal-9207	803	13	large	large	ADJ
cjal-9207	803	14	,	,	PUNCT
cjal-9207	803	15	there	there	ADV
cjal-9207	804	1	al-.o	al-.o	ADP
cjal-9207	804	2	exi,-t	exi,-t	PROPN
cjal-9207	804	3	in	in	ADP
cjal-9207	804	4	china	china	PROPN
cjal-9207	804	5	an	an	DET
cjal-9207	804	6	embedded	embed	VERB
cjal-9207	804	7	traditional	traditional	ADJ
cjal-9207	804	8	cultural	cultural	ADJ
cjal-9207	804	9	perception	perception	NOUN
cjal-9207	804	10	of	of	ADP
cjal-9207	804	11	the	the	DET
cjal-9207	804	12	legal	legal	ADJ
cjal-9207	804	13	-.y	-.y	PROPN
cjal-9207	804	14	~	~	SYM
cjal-9207	804	15	tem	tem	PROPN
cjal-9207	804	16	a~	a~	PROPN
cjal-9207	804	17	a	a	DET
cjal-9207	804	18	coercive	coercive	ADJ
cjal-9207	804	19	instrument	instrument	NOUN
cjal-9207	804	20	of	of	ADP
cjal-9207	804	21	control	control	NOUN
cjal-9207	804	22	and	and	CCONJ
cjal-9207	804	23	administration	administration	NOUN
cjal-9207	804	24	put	put	VERB
cjal-9207	804	25	in	in	ADP
cjal-9207	804	26	the	the	DET
cjal-9207	804	27	hands	hand	NOUN
cjal-9207	804	28	of	of	ADP
cjal-9207	804	29	the	the	DET
cjal-9207	804	30	state	state	NOUN
cjal-9207	804	31	.134	.134	NUM
cjal-9207	804	32	thus	thus	ADV
cjal-9207	804	33	,	,	PUNCT
cjal-9207	804	34	law	law	NOUN
cjal-9207	804	35	and	and	CCONJ
cjal-9207	804	36	legal	legal	ADJ
cjal-9207	805	1	institut10ns	institut10ns	PROPN
cjal-9207	805	2	operate!'\	operate!'\	NOUN
cjal-9207	805	3	..	..	PUNCT
cjal-9207	805	4	;	;	PUNCT
cjal-9207	805	5	o	o	X
cjal-9207	805	6	a	a	PRON
cjal-9207	805	7	to	to	PART
cjal-9207	805	8	re	re	VERB
cjal-9207	805	9	,	,	PUNCT
cjal-9207	805	10	trict	trict	ADP
cjal-9207	805	11	any	any	DET
cjal-9207	805	12	non	non	ADJ
cjal-9207	805	13	-	-	ADJ
cjal-9207	805	14	state	state	ADJ
cjal-9207	805	15	institutions	institution	NOUN
cjal-9207	805	16	,	,	PUNCT
cjal-9207	805	17	much	much	ADV
cjal-9207	805	18	less	less	ADV
cjal-9207	805	19	social	social	ADJ
cjal-9207	805	20	organizations	organization	NOUN
cjal-9207	805	21	,	,	PUNCT
cjal-9207	805	22	from	from	ADP
cjal-9207	805	23	taking	take	VERB
cjal-9207	805	24	the	the	DET
cjal-9207	805	25	lead	lead	NOUN
cjal-9207	805	26	on	on	ADP
cjal-9207	805	27	the	the	DET
cjal-9207	805	28	enforcement	enforcement	NOUN
cjal-9207	805	29	of	of	ADP
cjal-9207	805	30	private	private	ADJ
cjal-9207	805	31	rights	right	NOUN
cjal-9207	805	32	of	of	ADP
cjal-9207	805	33	any	any	DET
cjal-9207	805	34	kind	kind	NOUN
cjal-9207	805	35	,	,	PUNCT
cjal-9207	805	36	and	and	CCONJ
cjal-9207	805	37	certainly	certainly	ADV
cjal-9207	805	38	the	the	DET
cjal-9207	805	39	enforcement	enforcement	NOUN
cjal-9207	805	40	of	of	ADP
cjal-9207	805	41	private	private	ADJ
cjal-9207	805	42	shareholders	shareholder	NOUN
cjal-9207	805	43	'	'	PART
cjal-9207	805	44	rights	right	NOUN
cjal-9207	805	45	against	against	ADP
cjal-9207	805	46	t.uperior	t.uperior	ADJ
cjal-9207	805	47	force	force	NOUN
cjal-9207	805	48	,	,	PUNCT
cjal-9207	805	49	of	of	ADP
cjal-9207	805	50	the	the	DET
cjal-9207	805	51	prc	prc	PROPN
cjal-9207	805	52	party	party	NOUN
cjal-9207	805	53	-	-	PUNCT
cjal-9207	805	54	state	state	NOUN
cjal-9207	805	55	.	.	PUNCT
cjal-9207	806	1	the	the	DET
cjal-9207	806	2	exclusion	exclusion	NOUN
cjal-9207	806	3	of	of	ADP
cjal-9207	806	4	private	private	ADJ
cjal-9207	806	5	rights	right	NOUN
cjal-9207	806	6	holden	holden	NOUN
cjal-9207	806	7	;	;	PUNCT
cjal-9207	806	8	from	from	ADP
cjal-9207	806	9	effective	effective	ADJ
cjal-9207	806	10	use	use	NOUN
cjal-9207	806	11	of	of	ADP
cjal-9207	806	12	the	the	DET
cjal-9207	806	13	formal	formal	ADJ
cjal-9207	806	14	legal	legal	ADJ
cjal-9207	806	15	system	system	NOUN
cjal-9207	806	16	,	,	PUNCT
cjal-9207	806	17	coupled	couple	VERB
cjal-9207	806	18	with	with	ADP
cjal-9207	806	19	a	a	DET
cjal-9207	806	20	strong	strong	ADJ
cjal-9207	806	21	concern	concern	NOUN
cjal-9207	806	22	about	about	ADP
cjal-9207	806	23	the	the	DET
cjal-9207	806	24	maintenance	maintenance	NOUN
cjal-9207	806	25	of	of	ADP
cjal-9207	806	26	social	social	ADJ
cjal-9207	806	27	(	(	PUNCT
cjal-9207	806	28	and	and	CCONJ
cjal-9207	806	29	political	political	ADJ
cjal-9207	806	30	)	)	PUNCT
cjal-9207	806	31	stability	stability	NOUN
cjal-9207	806	32	,	,	PUNCT
cjal-9207	806	33	are	be	AUX
cjal-9207	806	34	e\;dent	e\;dent	ADJ
cjal-9207	806	35	from	from	ADP
cjal-9207	806	36	the	the	DET
cjal-9207	806	37	constraints	constraint	NOUN
cjal-9207	806	38	applied	apply	VERB
cjal-9207	806	39	on	on	ADP
cjal-9207	806	40	group	group	NOUN
cjal-9207	806	41	litigation	litigation	NOUN
cjal-9207	806	42	cases	case	NOUN
cjal-9207	806	43	.	.	PUNCT
cjal-9207	807	1	the	the	DET
cjal-9207	807	2	·	·	PUNCT
cjal-9207	807	3	e	e	NOUN
cjal-9207	807	4	constraintideny	constraintideny	NOUN
cjal-9207	807	5	securities	security	NOUN
cjal-9207	807	6	law	law	NOUN
cjal-9207	807	7	class	class	NOUN
cjal-9207	807	8	actions	action	NOUN
cjal-9207	807	9	outright	outright	ADV
cjal-9207	807	10	,	,	PUNCT
cjal-9207	807	11	and	and	CCONJ
cjal-9207	807	12	radically	radically	ADV
cjal-9207	807	13	minimize	minimize	VERB
cjal-9207	807	14	the	the	DET
cjal-9207	807	15	number	number	NOUN
cjal-9207	807	16	of	of	ADP
cjal-9207	807	17	corporate	corporate	ADJ
cjal-9207	807	18	law	law	NOUN
cjal-9207	807	19	derivative	derivative	ADJ
cjal-9207	807	20	lawsuits	lawsuit	NOUN
cjal-9207	807	21	,	,	PUNCT
cjal-9207	807	22	especially	especially	ADV
cjal-9207	807	23	tho	tho	ADV
cjal-9207	807	24	e	e	NOUN
cjal-9207	807	25	im·olving	im·olve	VERB
cjal-9207	807	26	partystate	partystate	NOUN
cjal-9207	807	27	controlled	control	VERB
cjal-9207	807	28	companies	company	NOUN
cjal-9207	807	29	or	or	CCONJ
cjal-9207	807	30	their	their	PRON
cjal-9207	807	31	management	management	NOUN
cjal-9207	807	32	.	.	PUNCT
cjal-9207	808	1	1ss	1ss	PROPN
cjal-9207	808	2	in	in	ADP
cjal-9207	808	3	the	the	DET
cjal-9207	808	4	word	word	NOUN
cjal-9207	808	5	:	:	PUNCT
cjal-9207	808	6	.	.	PUNCT
cjal-9207	809	1	of	of	ADP
cjal-9207	809	2	professor	professor	PROPN
cjal-9207	809	3	clarke	clarke	PROPN
cjal-9207	809	4	:	:	PUNCT
cjal-9207	809	5	the	the	DET
cjal-9207	809	6	notion	notion	NOUN
cjal-9207	809	7	that	that	SCONJ
cjal-9207	809	8	private	private	ADJ
cjal-9207	809	9	citizens	citizen	NOUN
cjal-9207	809	10	should	should	AUX
cjal-9207	809	11	be	be	AUX
cjal-9207	809	12	involved	involve	VERB
cjal-9207	809	13	in	in	ADP
cjal-9207	809	14	law	law	NOUN
cjal-9207	809	15	enforcement	enforcement	NOUN
cjal-9207	809	16	for	for	ADP
cjal-9207	809	17	public	public	ADJ
cjal-9207	809	18	goals	goal	NOUN
cjal-9207	809	19	does	do	AUX
cjal-9207	809	20	not	not	PART
cjal-9207	809	21	find	find	VERB
cjal-9207	809	22	a	a	DET
cjal-9207	809	23	ready	ready	ADJ
cjal-9207	809	24	home	home	NOUN
cjal-9207	809	25	in	in	ADP
cjal-9207	809	26	...	...	PUNCT
cjal-9207	810	1	[	[	X
cjal-9207	810	2	the	the	X
cjal-9207	810	3	]	]	X
cjal-9207	810	4	chinese	chinese	ADJ
cjal-9207	810	5	political	political	ADJ
cjal-9207	810	6	culture	culture	NOUN
cjal-9207	810	7	.	.	PUNCT
cjal-9207	811	1	the	the	DET
cjal-9207	811	2	state	state	NOUN
cjal-9207	811	3	jealou:-ly	jealou:-ly	PROPN
cjal-9207	811	4	guards	guard	VERB
cjal-9207	811	5	its	its	PRON
cjal-9207	811	6	control	control	NOUN
cjal-9207	811	7	over	over	ADP
cjal-9207	811	8	the	the	DET
cjal-9207	811	9	machinery	machinery	NOUN
cjal-9207	811	10	of	of	ADP
cjal-9207	811	11	coercion	coercion	NOUN
cjal-9207	811	12	....	....	PUNCT
cjal-9207	812	1	[	[	X
cjal-9207	812	2	l]t	l]t	NOUN
cjal-9207	812	3	may	may	AUX
cjal-9207	812	4	be	be	AUX
cjal-9207	812	5	unwilling	unwilling	ADJ
cjal-9207	812	6	to	to	PART
cjal-9207	812	7	allow	allow	VERB
cjal-9207	812	8	[	[	PUNCT
cjal-9207	812	9	enforcement	enforcement	NOUN
cjal-9207	812	10	by	by	ADP
cjal-9207	812	11	private	private	ADJ
cjal-9207	812	12	action	action	NOUN
cjal-9207	812	13	]	]	PUNCT
cjal-9207	812	14	because	because	SCONJ
cjal-9207	812	15	of	of	ADP
cjal-9207	812	16	the	the	DET
cjal-9207	812	17	perceived	perceive	VERB
cjal-9207	812	18	political	political	ADJ
cjal-9207	812	19	risks	risk	NOUN
cjal-9207	812	20	of	of	ADP
cjal-9207	812	21	giving	give	VERB
cjal-9207	812	22	citizens	citizen	NOUN
cjal-9207	812	23	too	too	ADV
cjal-9207	812	24	much	much	ADJ
cjal-9207	812	25	control	control	NOUN
cjal-9207	812	26	over	over	ADP
cjal-9207	812	27	the	the	DET
cjal-9207	812	28	operation	operation	NOUN
cjal-9207	812	29	of	of	ADP
cjal-9207	812	30	the	the	DET
cjal-9207	812	31	legal	legal	ADJ
cjal-9207	812	32	system	system	NOUN
cjal-9207	812	33	36	36	NUM
cjal-9207	812	34	in	in	ADP
cjal-9207	812	35	addition	addition	NOUN
cjal-9207	812	36	,	,	PUNCT
cjal-9207	812	37	a	a	DET
cjal-9207	812	38	recent	recent	ADJ
cjal-9207	812	39	law	law	NOUN
cjal-9207	812	40	for	for	ADP
cjal-9207	812	41	the	the	DET
cjal-9207	812	42	supervision	supervision	NOUN
cjal-9207	812	43	of	of	ADP
cjal-9207	812	44	overseas	overseas	ADJ
cjal-9207	812	45	xgos	xgos	PROPN
cjal-9207	812	46	.	.	PUNCT
cjal-9207	813	1	which	which	DET
cjal-9207	813	2	sta	sta	NOUN
cjal-9207	813	3	~	~	X
cjal-9207	813	4	ds	ds	NOUN
cjal-9207	813	5	as	as	ADP
cjal-9207	813	6	a	a	DET
cjal-9207	813	7	ve	ve	PROPN
cjal-9207	813	8	~	~	AUX
cjal-9207	813	9	y	y	PROPN
cjal-9207	813	10	broad	broad	ADJ
cjal-9207	813	11	reaching	reach	VERB
cjal-9207	813	12	legal	legal	ADJ
cjal-9207	813	13	effort	effort	NOUN
cjal-9207	813	14	to	to	PART
cjal-9207	813	15	regulate	regulate	VERB
cjal-9207	813	16	the	the	DET
cjal-9207	813	17	activities	activity	NOUN
cjal-9207	813	18	of	of	ADP
cjal-9207	813	19	foreign	foreign	ADJ
cjal-9207	813	20	ngos	ngo	NOUN
cjal-9207	813	21	m	m	VERB
cjal-9207	813	22	china	china	PROPN
cjal-9207	813	23	,	,	PUNCT
cjal-9207	813	24	is	be	AUX
cjal-9207	813	25	yet	yet	ADV
cjal-9207	813	26	another	another	DET
cjal-9207	813	27	sign	sign	NOUN
cjal-9207	813	28	of	of	ADP
cjal-9207	813	29	the	the	DET
cjal-9207	813	30	general	general	ADJ
cjal-9207	813	31	prohibitive	prohibitive	ADJ
cjal-9207	813	32	approach	approach	NOUN
cjal-9207	813	33	toward	toward	ADP
cjal-9207	813	34	civil	civil	ADJ
cjal-9207	813	35	society	society	NOUN
cjal-9207	813	36	and	and	CCONJ
cjal-9207	813	37	privately	privately	ADV
cjal-9207	813	38	organized	organize	VERB
cjal-9207	813	39	operations	operation	NOUN
cjal-9207	813	40	in	in	ADP
cjal-9207	813	41	china	china	PROPN
cjal-9207	813	42	.	.	PUNCT
cjal-9207	814	1	137	137	NUM
cjal-9207	814	2	the	the	DET
cjal-9207	814	3	law	law	NOUN
cjal-9207	814	4	will	will	AUX
cjal-9207	814	5	likely	likely	ADV
cjal-9207	814	6	deter	deter	VERB
cjal-9207	814	7	any	any	DET
cjal-9207	814	8	involvement	involvement	NOUN
cjal-9207	814	9	of	of	ADP
cjal-9207	814	10	foreign	foreign	ADJ
cjal-9207	814	11	:	:	PUNCT
cjal-9207	814	12	-.:gos	-.:go	NOUN
cjal-9207	814	13	in	in	ADP
cjal-9207	814	14	133	133	NUM
cjal-9207	814	15	china	china	NOUN
cjal-9207	814	16	is	be	AUX
cjal-9207	814	17	trying	try	VERB
cjal-9207	814	18	to	to	PART
cjal-9207	814	19	blam	blam	VERB
cjal-9207	814	20	e	e	PROPN
cjal-9207	814	21	its	its	PRON
cjal-9207	814	22	st	st	PROPN
cjal-9207	814	23	k	k	PROPN
cjal-9207	814	24	m	m	PROPN
cjal-9207	814	25	k	k	PROPN
cjal-9207	814	26	c	c	X
cjal-9207	814	27	·	·	PUNCT
cjal-9207	814	28	·	·	PUNCT
cjal-9207	814	29	vice	vice	NOUN
cjal-9207	814	30	news	news	PROPN
cjal-9207	814	31	(	(	PUNCT
cjal-9207	814	32	aug	aug	PROPN
cjal-9207	814	33	.	.	PROPN
cjal-9207	814	34	3l	3l	NUM
cjal-9207	814	35	2015	2015	NUM
cjal-9207	815	1	_	_	PRON
cjal-9207	815	2	oc	oc	PROPN
cjal-9207	815	3	ar	ar	PROPN
cjal-9207	815	4	.	.	PROPN
cjal-9207	815	5	et	et	PROPN
cjal-9207	815	6	rash	rash	NOUN
cjal-9207	815	7	on	on	ADP
cjal-9207	815	8	journal1s~	journal1s~	PROPN
cjal-9207	815	9	and	and	CCONJ
cjal-9207	815	10	businessmen	businessman	NOUN
cjal-9207	815	11	,	,	PUNCT
cjal-9207	815	12	tock	tock	NOUN
cjal-9207	815	13	k	k	PROPN
cjal-9207	815	14	h	h	PROPN
cjal-9207	815	15	.	.	PUNCT
cjal-9207	815	16	'	'	PUNCT
cjal-9207	816	1	}	}	PUNCT
cjal-9207	816	2	,	,	PUNCT
cjal-9207	816	3	http	http	ADJ
cjal-9207	816	4	s.//news	s.//news	NOUN
cjal-9207	816	5	.	.	PUNCT
cjal-9207	817	1	vtce.corn/arttcle/chma-1s-trying-to-blame-it~	vtce.corn/arttcle/chma-1s-trying-to-blame-it~	ADJ
cjal-9207	817	2	·	·	PUNCT
cjal-9207	817	3	s	s	PART
cjal-9207	817	4	-mar	-mar	NUM
cjal-9207	817	5	et	et	NOUN
cjal-9207	817	6	-	-	PUNCT
cjal-9207	817	7	eras	era	NOUN
cjal-9207	817	8	-on	-on	NOUN
cjal-9207	817	9	-	-	PUNCT
cjal-9207	817	10	journalists	journalist	NOUN
cjal-9207	817	11	-	-	PUNCT
cjal-9207	817	12	and	and	CCONJ
cjal-9207	817	13	-	-	PUNCT
cjal-9207	817	14	busmessmen	busmessman	NOUN
cjal-9207	817	15	.	.	PUNCT
cjal-9207	818	1	t	t	PROPN
cjal-9207	818	2	:	:	PUNCT
cjal-9207	818	3	i.l	i.l	PROPN
cjal-9207	818	4	see	see	VERB
cjal-9207	818	5	,	,	PUNCT
cjal-9207	818	6	for	for	ADP
cjal-9207	818	7	example	example	NOUN
cjal-9207	818	8	,	,	PUNCT
cjal-9207	818	9	liang	liang	PROPN
cjal-9207	818	10	zhipin	zhipin	PROPN
cjal-9207	818	11	e	e	PROPN
cjal-9207	818	12	1	1	NUM
cjal-9207	818	13	·	·	PUNCT
cjal-9207	818	14	·	·	PUNCT
cjal-9207	819	1	•	•	NUM
cjal-9207	819	2	•	•	NOUN
cjal-9207	819	3	·	·	PUNCT
cjal-9207	819	4	ch	ch	NOUN
cjal-9207	819	5	•	•	NUM
cjal-9207	819	6	d	d	PROPN
cjal-9207	819	7	..	..	PUNCT
cjal-9207	819	8	,	,	PUNCT
cjal-9207	819	9	g	g	PROPN
cjal-9207	819	10	,	,	PUNCT
cjal-9207	819	11	xp	xp	INTJ
cjal-9207	819	12	icatrng	icatrng	PROPN
cjal-9207	819	13	lau	lau	PROPN
cjal-9207	819	14	:	:	PUNCT
cjal-9207	819	15	.-1	.-1	PROPN
cjal-9207	819	16	comparatit	comparatit	PROPN
cjal-9207	819	17	e	e	NOUN
cjal-9207	819	18	pcrspectne	pcrspectne	NOUN
cjal-9207	819	19	of	of	ADP
cjal-9207	819	20	111ese	111ese	NUM
cjal-9207	819	21	an	an	DET
cjal-9207	819	22	rrestern	rrestern	ADJ
cjal-9207	819	23	legal	legal	ADJ
cjal-9207	819	24	culture	culture	NOUN
cjal-9207	819	25	,	,	PUNCT
cjal-9207	819	26	3	3	NUM
cjal-9207	819	27	j.	j.	PROPN
cjal-9207	819	28	chinese	chinese	PROPN
cjal-9207	819	29	l	l	PROPN
cjal-9207	819	30	5	5	NUM
cjal-9207	819	31	.	.	PUNCT
cjal-9207	819	32	.	.	PUNCT
cjal-9207	820	1	·	·	PUNCT
cjal-9207	821	1	of	of	ADP
cjal-9207	821	2	chinese	chinese	ADJ
cjal-9207	821	3	law	law	NOUN
cjal-9207	821	4	:	:	PUNCT
cjal-9207	821	5	the	the	DET
cjal-9207	821	6	ge	ge	PROPN
cjal-9207	821	7	e	e	PROPN
cjal-9207	821	8	·	·	PUNCT
cjal-9207	821	9	d	d	X
cjal-9207	821	10	e	e	ADP
cjal-9207	821	11	1	1	NUM
cjal-9207	821	12	.	.	PUNCT
cjal-9207	821	13	·	·	PUNCT
cjal-9207	822	1	·	·	PUNCT
cjal-9207	822	2	5	5	NUM
cjal-9207	822	3	(	(	PUNCT
cjal-9207	822	4	1989	1989	NUM
cjal-9207	822	5	)	)	PUNCT
cjal-9207	822	6	,	,	PUNCT
cjal-9207	822	7	derk	derk	PROPN
cjal-9207	822	8	bodde	bodde	PROPN
cjal-9207	822	9	,	,	PUNCT
cjal-9207	822	10	&	&	CCONJ
cjal-9207	822	11	sic	sic	ADJ
cjal-9207	822	12	u	u	NOUN
cjal-9207	822	13	:	:	PUNCT
cjal-9207	822	14	mctpts	mctpt	NOUN
cjal-9207	822	15	n	n	PRON
cjal-9207	822	16	sis	sis	VERB
cjal-9207	822	17	an	an	DET
cjal-9207	822	18	vo	vo	NOUN
cjal-9207	822	19	ution	ution	NOUN
cjal-9207	822	20	of	of	ADP
cjal-9207	822	21	leaal	leaal	PROPN
cjal-9207	822	22	th	th	X
cjal-9207	822	23	h	h	NOUN
cjal-9207	822	24	·	·	PUNCT
cjal-9207	822	25	"	"	PUNCT
cjal-9207	822	26	'	'	PUNCT
cjal-9207	822	27	d	d	NOUN
cjal-9207	822	28	"	"	PUNCT
cjal-9207	822	29	·	·	PUNCT
cjal-9207	822	30	·	·	PUNCT
cjal-9207	823	1	o~	o~	NUM
cjal-9207	823	2	proc	proc	NOUN
cjal-9207	823	3	.	.	PUNCT
cjal-9207	824	1	am	be	AUX
cjal-9207	824	2	.	.	PUNCT
cjal-9207	824	3	phil	phil	PROPN
cjal-9207	824	4	.	.	PUNCT
cjal-9207	825	1	soc•y	soc•y	PROPN
cjal-9207	825	2	375	375	NUM
cjal-9207	825	3	(	(	PUNCT
cjal-9207	825	4	1963	1963	NUM
cjal-9207	825	5	)	)	PUNCT
cjal-9207	825	6	both	both	PRON
cjal-9207	825	7	sou	sou	PROPN
cjal-9207	825	8	o	o	NOUN
cjal-9207	825	9	.	.	PUNCT
cjal-9207	826	1	oug	oug	PROPN
cjal-9207	826	2	t	t	PROPN
cjal-9207	826	3	in	in	ADV
cjal-9207	826	4	,	,	PUNCT
cjal-9207	826	5	ro	ro	PROPN
cjal-9207	826	6	1/1onal	1/1onal	PROPN
cjal-9207	826	7	china	china	PROPN
cjal-9207	826	8	,	,	PUNCT
cjal-9207	827	1	i	i	PRON
cjal-9207	827	2	i	i	PROPN
cjal-9207	827	3	of	of	ADP
cjal-9207	827	4	the	the	DET
cjal-9207	827	5	chinese	chinese	ADJ
cjal-9207	827	6	traditional	traditional	ADJ
cjal-9207	827	7	legal	legal	ADJ
cjal-9207	827	8	·	·	PUNCT
cjal-9207	827	9	te	te	ADP
cjal-9207	827	10	h	h	NOUN
cjal-9207	827	11	rces	rce	NOUN
cjal-9207	827	12	emphasize	emphasize	VERB
cjal-9207	827	13	the	the	DET
cjal-9207	827	14	punitive	punitive	ADJ
cjal-9207	827	15	and	and	CCONJ
cjal-9207	827	16	coerci\·e	coerci\·e	PROPN
cjal-9207	827	17	aspect	aspect	NOUN
cjal-9207	827	18	:	:	PUNCT
cjal-9207	827	19	;	;	PUNCT
cjal-9207	827	20	meaning	mean	VERB
cjal-9207	827	21	of"law	of"law	PROPN
cjal-9207	827	22	.	.	PUNCT
cjal-9207	827	23	"	"	PUNCT
cjal-9207	828	1	sys	sys	PROPN
cjal-9207	828	2	mt	mt	PROPN
cjal-9207	828	3	rough	rough	ADJ
cjal-9207	828	4	an	an	DET
cjal-9207	828	5	analysis	analysis	NOUN
cjal-9207	828	6	of	of	ADP
cjal-9207	828	7	china	china	PROPN
cjal-9207	828	8	's	's	PART
cjal-9207	828	9	legal	legal	ADJ
cjal-9207	828	10	culture	culture	NOUN
cjal-9207	828	11	and	and	CCONJ
cjal-9207	828	12	the	the	DET
cjal-9207	828	13	,	,	PUNCT
cjal-9207	828	14	a.	a.	NOUN
cjal-9207	828	15	,	,	PUNCT
cjal-9207	828	16	howson	howson	PROPN
cjal-9207	828	17	&	&	CCONJ
cjal-9207	828	18	clarke	clarke	PROPN
cjal-9207	828	19	,	,	PUNCT
cjal-9207	828	20	supra	supra	PROPN
cjal-9207	828	21	note	note	NOUN
cjal-9207	828	22	64	64	NUM
cjal-9207	828	23	.	.	PUNCT
cjal-9207	829	1	l	l	X
cjal-9207	829	2	<	<	X
cjal-9207	829	3	jg	jg	PROPN
cjal-9207	829	4	clarke	clarke	PROPN
cjal-9207	829	5	,	,	PUNCT
cjal-9207	829	6	supra	supra	PROPN
cjal-9207	829	7	note	note	PROPN
cjal-9207	829	8	132	132	NUM
cjal-9207	829	9	,	,	PUNCT
cjal-9207	829	10	at	at	ADP
cjal-9207	829	11	242	242	NUM
cjal-9207	829	12	-	-	SYM
cjal-9207	829	13	43	43	NUM
cjal-9207	829	14	(	(	PUNCT
cjal-9207	829	15	concernin	concernin	NOUN
cjal-9207	829	16	.	.	PUNCT
cjal-9207	829	17	.	.	PUNCT
cjal-9207	829	18	.	.	PUNCT
cjal-9207	829	19	.	.	PUNCT
cjal-9207	829	20	.	.	PUNCT
cjal-9207	830	1	other	other	ADJ
cjal-9207	830	2	private	private	ADJ
cjal-9207	830	3	enforcement	enforcement	NOUN
cjal-9207	830	4	chann	chann	PROPN
cjal-9207	830	5	1	1	NUM
cjal-9207	830	6	)	)	PUNCT
cjal-9207	830	7	g	g	ADP
cjal-9207	830	8	private	private	ADJ
cjal-9207	830	9	litigation	litigation	NOUN
cjal-9207	830	10	,	,	PUNCT
cjal-9207	830	11	but	but	CCONJ
cjal-9207	830	12	applicable	applicable	ADJ
cjal-9207	830	13	to	to	PART
cjal-9207	830	14	es	es	VERB
cjal-9207	830	15	.	.	PROPN
cjal-9207	830	16	,	,	PUNCT
cjal-9207	830	17	a	a	X
cjal-9207	830	18	,	,	PUNCT
cjal-9207	830	19	jingwai	jingwai	PROPN
cjal-9207	830	20	fei	fei	PROPN
cjal-9207	830	21	zhengfu	zhengfu	PROPN
cjal-9207	830	22	zuxhi	zuxhi	PROPN
cjal-9207	830	23	jingnei	jingnei	VERB
cjal-9207	830	24	huod	huod	PROPN
cjal-9207	830	25	jlll	jlll	ADV
cjal-9207	830	26	#	#	ADV
cjal-9207	830	27	.	.	PUNCT
cjal-9207	830	28	;)	;)	PUNCT
cjal-9207	831	1	[	[	X
cjal-9207	831	2	law	law	NOUN
cjal-9207	831	3	on	on	ADP
cjal-9207	831	4	the	the	DET
cjal-9207	831	5	management	management	NOUN
cjal-9207	831	6	of	of	ADP
cjal-9207	831	7	the	the	DET
cjal-9207	831	8	activities	activity	NOUN
cjal-9207	831	9	o;ng	o;ng	PROPN
cjal-9207	831	10	guanh	guanh	NOUN
cjal-9207	831	11	fa	fa	PROPN
cjal-9207	831	12	(	(	PUNCT
cjal-9207	831	13	~*~~f!,(jf.fflim.lj2f'iti5	~*~~f!,(jf.fflim.lj2f'iti5	PROPN
cjal-9207	831	14	~	~	SYM
cjal-9207	831	15	ff	ff	INTJ
cjal-9207	831	16	(	(	PUNCT
cjal-9207	831	17	promulgated	promulgate	VERB
cjal-9207	831	18	by	by	ADP
cjal-9207	831	19	the	the	DET
cjal-9207	831	20	standing	standing	NOUN
cjal-9207	831	21	com	com	NOUN
cjal-9207	831	22	n	n	ADP
cjal-9207	831	23	t'l	t'l	ADV
cjal-9207	831	24	p	p	NOUN
cjal-9207	831	25	?	?	PUNCT
cjal-9207	832	1	verseas	verseas	PROPN
cjal-9207	832	2	ngos	ngos	PROPN
cjal-9207	832	3	within	within	ADP
cjal-9207	832	4	mainland	mainland	NOUN
cjal-9207	832	5	chma	chma	NOUN
cjal-9207	832	6	)	)	PUNCT
cjal-9207	832	7	m.	m.	NOUN
cjal-9207	833	1	a	a	DET
cjal-9207	833	2	eoples	eople	NOUN
cjal-9207	833	3	co	co	VERB
cjal-9207	833	4	a	a	PROPN
cjal-9207	833	5	il	il	PROPN
cjal-9207	833	6	2	2	NUM
cjal-9207	833	7	2017	2017	NUM
cjal-9207	833	8	)	)	PUNCT
cjal-9207	833	9	,	,	PUNCT
cjal-9207	833	10	available	available	ADJ
cjal-9207	833	11	at	at	ADP
cjal-9207	833	12	http	http	PROPN
cjal-9207	833	13	·	·	PUNCT
cjal-9207	834	1	//www	//www	PRON
cjal-9207	834	2	npc	npc	NOUN
cjal-9207	834	3	n/	n/	ADJ
cjal-9207	834	4	cl	cl	NOUN
cjal-9207	834	5	.	.	PUNCT
cjal-9207	835	1	ng	ng	PROPN
cjal-9207	835	2	.	.	PROPN
cjal-9207	835	3	,	,	PUNCT
cjal-9207	835	4	pr	pr	VERB
cjal-9207	835	5	8	8	NUM
cjal-9207	835	6	,	,	PUNCT
cjal-9207	835	7	2016	2016	NUM
cjal-9207	835	8	,	,	PUNCT
cjal-9207	835	9	effective	effective	ADJ
cjal-9207	835	10	jan	jan	PROPN
cjal-9207	835	11	.	.	PUNCT
cjal-9207	836	1	i	i	PRON
cjal-9207	836	2	,	,	PUNCT
cjal-9207	836	3	[	[	X
cjal-9207	836	4	hereinafter	hereinafter	NOUN
cjal-9207	836	5	overseas	overseas	PROPN
cjal-9207	836	6	ngo	ngo	PROPN
cjal-9207	836	7	ma	ma	PROPN
cjal-9207	836	8	~	~	PROPN
cjal-9207	836	9	ge	ge	PROPN
cjal-9207	836	10	!	!	PUNCT
cjal-9207	836	11	:	:	PUNCT
cjal-9207	836	12	:	:	PUNCT
cjal-9207	836	13	:	:	PUNCT
cjal-9207	836	14	x;wen/2016	x;wen/2016	ADV
cjal-9207	836	15	-	-	PUNCT
cjal-9207	836	16	04/29	04/29	NUM
cjal-9207	836	17	/	/	SYM
cjal-9207	836	18	content	content	NOUN
cjal-9207	836	19	_	_	NOUN
cjal-9207	836	20	1988,-18.htm	1988,-18.htm	NUM
cjal-9207	836	21	over	over	ADP
cjal-9207	836	22	the	the	DET
cjal-9207	836	23	establishment	establishment	NOUN
cjal-9207	836	24	and	and	CCONJ
cjal-9207	836	25	operat	operat	PROPN
cjal-9207	836	26	·	·	SYM
cjal-9207	836	27	f	f	PROPN
cjal-9207	836	28	·	·	PUNCT
cjal-9207	836	29	he	he	PRON
cjal-9207	836	30	law	law	NOUN
cjal-9207	836	31	determmes	determme	VERB
cjal-9207	836	32	government	government	NOUN
cjal-9207	836	33	control	control	NOUN
cjal-9207	836	34	ions	ion	NOUN
cjal-9207	836	35	o	o	NOUN
cjal-9207	836	36	any	any	DET
cjal-9207	836	37	ti	ti	NOUN
cjal-9207	836	38	.	.	PUNCT
cjal-9207	836	39	.	.	PUNCT
cjal-9207	836	40	.	.	PUNCT
cjal-9207	837	1	nongovernment	nongovernment	ADJ
cjal-9207	837	2	organization	organization	NOUN
cjal-9207	837	3	in	in	ADP
cjal-9207	837	4	china	china	PROPN
cjal-9207	837	5	.	.	PUNCT
cjal-9207	838	1	accordi	accordi	PROPN
cjal-9207	838	2	ac	ac	PROPN
cjal-9207	838	3	vlbes	vlbe	NOUN
cjal-9207	838	4	conducted	conduct	VERB
cjal-9207	838	5	by	by	ADP
cjal-9207	838	6	a	a	DET
cjal-9207	838	7	foreign	foreign	ADJ
cjal-9207	838	8	ng	ng	PROPN
cjal-9207	838	9	to	to	ADP
cjal-9207	838	10	the	the	DET
cjal-9207	838	11	law	law	NOUN
cjal-9207	838	12	,	,	PUNCT
cjal-9207	838	13	foreign	foreign	ADJ
cjal-9207	838	14	ngos	ngo	NOUN
cjal-9207	838	15	will	will	AUX
cjal-9207	838	16	ha\·e	ha\·e	VERB
cjal-9207	838	17	to	to	ADP
cjal-9207	838	18	2016	2016	NUM
cjal-9207	838	19	]	]	PUNCT
cjal-9207	838	20	minority	minority	NOUN
cjal-9207	838	21	public	public	ADJ
cjal-9207	838	22	shareholders	shareholder	NOUN
cjal-9207	838	23	in	in	ADP
cjal-9207	838	24	china	china	PROPN
cjal-9207	838	25	37	37	NUM
cjal-9207	838	26	shareholder	shareholder	NOUN
cjal-9207	838	27	rights	right	NOUN
cjal-9207	838	28	movement	movement	NOUN
cjal-9207	838	29	(	(	PUNCT
cjal-9207	838	30	including	include	VERB
cjal-9207	838	31	educational	educational	ADJ
cjal-9207	838	32	and	and	CCONJ
cjal-9207	838	33	research	research	NOUN
cjal-9207	838	34	efforts	effort	NOUN
cjal-9207	838	35	by	by	ADP
cjal-9207	838	36	foreign	foreign	ADJ
cjal-9207	838	37	shareholder	shareholder	NOUN
cjal-9207	838	38	-	-	PUNCT
cjal-9207	838	39	rights	right	NOUN
cjal-9207	838	40	associations	association	NOUN
cjal-9207	838	41	)	)	PUNCT
cjal-9207	838	42	.	.	PUNCT
cjal-9207	839	1	hence	hence	ADV
cjal-9207	839	2	,	,	PUNCT
cjal-9207	839	3	while	while	SCONJ
cjal-9207	839	4	some	some	DET
cjal-9207	839	5	chinese	chinese	ADJ
cjal-9207	839	6	social	social	ADJ
cjal-9207	839	7	organizations	organization	NOUN
cjal-9207	839	8	may	may	AUX
cjal-9207	839	9	now	now	ADV
cjal-9207	839	10	operate	operate	VERB
cjal-9207	839	11	legally	legally	ADV
cjal-9207	839	12	,	,	PUNCT
cjal-9207	839	13	they	they	PRON
cjal-9207	839	14	are	be	AUX
cjal-9207	839	15	extremely	extremely	ADV
cjal-9207	839	16	unlikely	unlikely	ADJ
cjal-9207	839	17	to	to	PART
cjal-9207	839	18	be	be	AUX
cjal-9207	839	19	permitted	permit	VERB
cjal-9207	839	20	any	any	DET
cjal-9207	839	21	role	role	NOUN
cjal-9207	839	22	in	in	ADP
cjal-9207	839	23	changing	change	VERB
cjal-9207	839	24	corporate	corporate	ADJ
cjal-9207	839	25	governance	governance	NOUN
cjal-9207	839	26	practices	practice	NOUN
cjal-9207	839	27	.	.	PUNCT
cjal-9207	840	1	opening	open	VERB
cjal-9207	840	2	this	this	DET
cjal-9207	840	3	particular	particular	ADJ
cjal-9207	840	4	area	area	NOUN
cjal-9207	840	5	to	to	ADP
cjal-9207	840	6	the	the	DET
cjal-9207	840	7	involvement	involvement	NOUN
cjal-9207	840	8	of	of	ADP
cjal-9207	840	9	civil	civil	ADJ
cjal-9207	840	10	society	society	NOUN
cjal-9207	840	11	organizations	organization	NOUN
cjal-9207	840	12	would	would	AUX
cjal-9207	840	13	almost	almost	ADV
cjal-9207	840	14	certainly	certainly	ADV
cjal-9207	840	15	put	put	VERB
cjal-9207	840	16	the	the	DET
cjal-9207	840	17	prc	prc	PROPN
cjal-9207	840	18	party	party	NOUN
cjal-9207	840	19	-	-	PUNCT
cjal-9207	840	20	state	state	NOUN
cjal-9207	840	21	's	's	PART
cjal-9207	840	22	control	control	NOUN
cjal-9207	840	23	of	of	ADP
cjal-9207	840	24	the	the	DET
cjal-9207	840	25	economy	economy	NOUN
cjal-9207	840	26	and	and	CCONJ
cjal-9207	840	27	the	the	DET
cjal-9207	840	28	major	major	ADJ
cjal-9207	840	29	firms	firm	NOUN
cjal-9207	840	30	which	which	PRON
cjal-9207	840	31	are	be	AUX
cjal-9207	840	32	embedded	embed	VERB
cjal-9207	840	33	in	in	ADP
cjal-9207	840	34	it	it	PRON
cjal-9207	840	35	,	,	PUNCT
cjal-9207	840	36	into	into	ADP
cjal-9207	840	37	question	question	NOUN
cjal-9207	840	38	,	,	PUNCT
cjal-9207	840	39	and	and	CCONJ
cjal-9207	840	40	thus	thus	ADV
cjal-9207	840	41	jeopardize	jeopardize	VERB
cjal-9207	840	42	the	the	DET
cjal-9207	840	43	same	same	ADJ
cjal-9207	840	44	party	party	NOUN
cjal-9207	840	45	-	-	PUNCT
cjal-9207	840	46	state	state	NOUN
cjal-9207	840	47	's	's	PART
cjal-9207	840	48	social	social	ADJ
cjal-9207	840	49	,	,	PUNCT
cjal-9207	840	50	political	political	ADJ
cjal-9207	840	51	,	,	PUNCT
cjal-9207	840	52	and	and	CCONJ
cjal-9207	840	53	financial	financial	ADJ
cjal-9207	840	54	interests	interest	NOUN
cjal-9207	840	55	.	.	PUNCT
cjal-9207	841	1	contrary	contrary	ADJ
cjal-9207	841	2	to	to	ADP
cjal-9207	841	3	that	that	PRON
cjal-9207	841	4	,	,	PUNCT
cjal-9207	841	5	however	however	ADV
cjal-9207	841	6	,	,	PUNCT
cjal-9207	841	7	is	be	AUX
cjal-9207	841	8	the	the	DET
cjal-9207	841	9	possibility	possibility	NOUN
cjal-9207	841	10	that	that	SCONJ
cjal-9207	841	11	some	some	DET
cjal-9207	841	12	form	form	NOUN
cjal-9207	841	13	of	of	ADP
cjal-9207	841	14	a	a	DET
cjal-9207	841	15	quasi	quasi	ADJ
cjal-9207	841	16	-	-	ADJ
cjal-9207	841	17	public	public	ADJ
cjal-9207	841	18	institution	institution	NOUN
cjal-9207	841	19	will	will	AUX
cjal-9207	841	20	be	be	AUX
cjal-9207	841	21	established	establish	VERB
cjal-9207	841	22	with	with	ADP
cjal-9207	841	23	the	the	DET
cjal-9207	841	24	endorsement	endorsement	NOUN
cjal-9207	841	25	of	of	ADP
cjal-9207	841	26	the	the	DET
cjal-9207	841	27	party	party	NOUN
cjal-9207	841	28	-	-	PUNCT
cjal-9207	841	29	state	state	NOUN
cjal-9207	841	30	.	.	PUNCT
cjal-9207	842	1	a	a	DET
cjal-9207	842	2	party	party	NOUN
cjal-9207	842	3	-	-	PUNCT
cjal-9207	842	4	state	state	NOUN
cjal-9207	842	5	-	-	PUNCT
cjal-9207	842	6	sanctioned	sanction	VERB
cjal-9207	842	7	institution	institution	NOUN
cjal-9207	842	8	is	be	AUX
cjal-9207	842	9	vastly	vastly	ADV
cjal-9207	842	10	more	more	ADV
cjal-9207	842	11	likely	likely	ADJ
cjal-9207	842	12	to	to	PART
cjal-9207	842	13	be	be	AUX
cjal-9207	842	14	permitted	permit	VERB
cjal-9207	842	15	greater	great	ADJ
cjal-9207	842	16	latitude	latitude	NOUN
cjal-9207	842	17	to	to	PART
cjal-9207	842	18	promote	promote	VERB
cjal-9207	842	19	minority	minority	NOUN
cjal-9207	842	20	public	public	ADJ
cjal-9207	842	21	shareholder	shareholder	NOUN
cjal-9207	842	22	interests	interest	NOUN
cjal-9207	842	23	,	,	PUNCT
cjal-9207	842	24	and	and	CCONJ
cjal-9207	842	25	overcome	overcome	VERB
cjal-9207	842	26	the	the	DET
cjal-9207	842	27	stringent	stringent	ADJ
cjal-9207	842	28	limitations	limitation	NOUN
cjal-9207	842	29	on	on	ADP
cjal-9207	842	30	private	private	ADJ
cjal-9207	842	31	enforcement	enforcement	NOUN
cjal-9207	842	32	.	.	PUNCT
cjal-9207	843	1	this	this	DET
cjal-9207	843	2	option	option	NOUN
cjal-9207	843	3	is	be	AUX
cjal-9207	843	4	explored	explore	VERB
cjal-9207	843	5	further	far	ADV
cjal-9207	843	6	below	below	ADV
cjal-9207	843	7	.	.	PUNCT
cjal-9207	844	1	5	5	X
cjal-9207	844	2	.	.	X
cjal-9207	844	3	non	non	ADJ
cjal-9207	844	4	-	-	ADJ
cjal-9207	844	5	shareholder	shareholder	ADJ
cjal-9207	844	6	constituencies	constituency	NOUN
cjal-9207	844	7	in	in	ADP
cjal-9207	844	8	many	many	ADJ
cjal-9207	844	9	concentrated	concentrated	ADJ
cjal-9207	844	10	markets	market	NOUN
cjal-9207	844	11	,	,	PUNCT
cjal-9207	844	12	corporate	corporate	ADJ
cjal-9207	844	13	governance	governance	NOUN
cjal-9207	844	14	accommodates	accommodate	VERB
cjal-9207	844	15	a	a	DET
cjal-9207	844	16	role	role	NOUN
cjal-9207	844	17	for	for	ADP
cjal-9207	844	18	stakeholders	stakeholder	NOUN
cjal-9207	844	19	who	who	PRON
cjal-9207	844	20	are	be	AUX
cjal-9207	844	21	not	not	PART
cjal-9207	844	22	shareholders	shareholder	NOUN
cjal-9207	844	23	of	of	ADP
cjal-9207	844	24	the	the	DET
cjal-9207	844	25	firm	firm	NOUN
cjal-9207	844	26	.	.	PUNCT
cjal-9207	845	1	under	under	ADP
cjal-9207	845	2	certain	certain	ADJ
cjal-9207	845	3	circumstances	circumstance	NOUN
cjal-9207	845	4	,	,	PUNCT
cjal-9207	845	5	the	the	DET
cjal-9207	845	6	power	power	NOUN
cjal-9207	845	7	conferred	confer	VERB
cjal-9207	845	8	on	on	ADP
cjal-9207	845	9	such	such	ADJ
cjal-9207	845	10	non	non	ADJ
cjal-9207	845	11	-	-	ADJ
cjal-9207	845	12	shareholder	shareholder	ADJ
cjal-9207	845	13	constituents	constituent	NOUN
cjal-9207	845	14	can	can	AUX
cjal-9207	845	15	strengthen	strengthen	VERB
cjal-9207	845	16	minority	minority	NOUN
cjal-9207	845	17	public	public	ADJ
cjal-9207	845	18	shareholders	shareholder	NOUN
cjal-9207	845	19	.	.	PUNCT
cjal-9207	846	1	the	the	DET
cjal-9207	846	2	best	well	ADV
cjal-9207	846	3	known	know	VERB
cjal-9207	846	4	example	example	NOUN
cjal-9207	846	5	of	of	ADP
cjal-9207	846	6	this	this	DET
cjal-9207	846	7	accommodation	accommodation	NOUN
cjal-9207	846	8	is	be	AUX
cjal-9207	846	9	germany	germany	PROPN
cjal-9207	846	10	.138	.138	NUM
cjal-9207	846	11	while	while	SCONJ
cjal-9207	846	12	the	the	DET
cjal-9207	846	13	capital	capital	NOUN
cjal-9207	846	14	structure	structure	NOUN
cjal-9207	846	15	of	of	ADP
cjal-9207	846	16	german	german	ADJ
cjal-9207	846	17	firms	firm	NOUN
cjal-9207	846	18	has	have	AUX
cjal-9207	846	19	recently	recently	ADV
cjal-9207	846	20	evolved	evolve	VERB
cjal-9207	846	21	in	in	ADP
cjal-9207	846	22	the	the	DET
cjal-9207	846	23	direction	direction	NOUN
cjal-9207	846	24	of	of	ADP
cjal-9207	846	25	mixed	mixed	ADJ
cjal-9207	846	26	ownership	ownership	NOUN
cjal-9207	846	27	,	,	PUNCT
cjal-9207	846	28	concentrated	concentrated	ADJ
cjal-9207	846	29	ownership	ownership	NOUN
cjal-9207	846	30	(	(	PUNCT
cjal-9207	846	31	and	and	CCONJ
cjal-9207	846	32	thus	thus	ADV
cjal-9207	846	33	control	control	NOUN
cjal-9207	846	34	)	)	PUNCT
cjal-9207	846	35	by	by	ADP
cjal-9207	846	36	large	large	ADJ
cjal-9207	846	37	blockholders	blockholder	NOUN
cjal-9207	846	38	still	still	ADV
cjal-9207	846	39	predominates	predominate	VERB
cjal-9207	846	40	.	.	PUNCT
cjal-9207	847	1	139	139	NUM
cjal-9207	847	2	the	the	DET
cjal-9207	847	3	german	german	ADJ
cjal-9207	847	4	system	system	NOUN
cjal-9207	847	5	nonetheless	nonetheless	ADV
cjal-9207	847	6	continues	continue	VERB
cjal-9207	847	7	to	to	PART
cjal-9207	847	8	place	place	VERB
cjal-9207	847	9	great	great	ADJ
cjal-9207	847	10	emphasis	emphasis	NOUN
cjal-9207	847	11	on	on	ADP
cjal-9207	847	12	the	the	DET
cjal-9207	847	13	interests	interest	NOUN
cjal-9207	847	14	of	of	ADP
cjal-9207	847	15	nonshareholder	nonshareholder	NOUN
cjal-9207	847	16	constituencies	constituency	NOUN
cjal-9207	847	17	,	,	PUNCT
cjal-9207	847	18	and	and	CCONJ
cjal-9207	847	19	provide	provide	VERB
cjal-9207	847	20	for	for	ADP
cjal-9207	847	21	their	their	PRON
cjal-9207	847	22	direct	direct	ADJ
cjal-9207	847	23	involvement	involvement	NOUN
cjal-9207	847	24	in	in	ADP
cjal-9207	847	25	the	the	DET
cjal-9207	847	26	affairs	affair	NOUN
cjal-9207	847	27	of	of	ADP
cjal-9207	847	28	the	the	DET
cjal-9207	847	29	corporation	corporation	NOUN
cjal-9207	847	30	,	,	PUNCT
cjal-9207	847	31	mainly	mainly	ADV
cjal-9207	847	32	through	through	ADP
cjal-9207	847	33	the	the	DET
cjal-9207	847	34	two	two	NUM
cjal-9207	847	35	-tier	-tier	NOUN
cjal-9207	847	36	board	board	NOUN
cjal-9207	847	37	system	system	NOUN
cjal-9207	847	38	and	and	CCONJ
cjal-9207	847	39	the	the	DET
cjal-9207	847	40	mechanism	mechanism	NOUN
cjal-9207	847	41	known	know	VERB
cjal-9207	847	42	as	as	ADP
cjal-9207	847	43	"	"	PUNCT
cjal-9207	847	44	co	co	NOUN
cjal-9207	847	45	-	-	NOUN
cjal-9207	847	46	determination	determination	NOUN
cjal-9207	847	47	"	"	PUNCT
cjal-9207	847	48	.	.	PUNCT
cjal-9207	848	1	140	140	NUM
cjal-9207	848	2	in	in	ADP
cjal-9207	848	3	germany	germany	PROPN
cjal-9207	848	4	's	's	PART
cjal-9207	848	5	large	large	ADJ
cjal-9207	848	6	corporations	corporation	NOUN
cjal-9207	848	7	,	,	PUNCT
cjal-9207	848	8	employees	employee	NOUN
cjal-9207	848	9	and	and	CCONJ
cjal-9207	848	10	shareholders	shareholder	NOUN
cjal-9207	848	11	elect	elect	VERB
cjal-9207	848	12	equal	equal	ADJ
cjal-9207	848	13	numbers	number	NOUN
cjal-9207	848	14	of	of	ADP
cjal-9207	848	15	representatives	representative	NOUN
cjal-9207	848	16	to	to	ADP
cjal-9207	848	17	the	the	DET
cjal-9207	848	18	firm	firm	NOUN
cjal-9207	848	19	's	's	PART
cjal-9207	848	20	supervisory	supervisory	ADJ
cjal-9207	848	21	board	board	NOUN
cjal-9207	848	22	.	.	PUNCT
cjal-9207	849	1	the	the	DET
cjal-9207	849	2	supervisory	supervisory	ADJ
cjal-9207	849	3	board	board	NOUN
cjal-9207	849	4	regi	regi	PROPN
cjal-9207	849	5	ster	ster	PROPN
cjal-9207	849	6	and	and	CCONJ
cjal-9207	849	7	will	will	AUX
cjal-9207	849	8	be	be	AUX
cjal-9207	849	9	continuously	continuously	ADV
cjal-9207	849	10	inspected	inspect	VERB
cjal-9207	849	11	by	by	ADP
cjal-9207	849	12	the	the	DET
cjal-9207	849	13	public	public	ADJ
cjal-9207	849	14	security	security	NOUN
cjal-9207	849	15	bureau	bureau	NOUN
cjal-9207	849	16	(	(	PUNCT
cjal-9207	849	17	the	the	DET
cjal-9207	849	18	state	state	NOUN
cjal-9207	849	19	police	police	NOUN
cjal-9207	849	20	)	)	PUNCT
cjal-9207	849	21	.	.	PUNCT
cjal-9207	850	1	see	see	VERB
cjal-9207	850	2	overseas	overseas	ADJ
cjal-9207	850	3	ngo	ngo	PROPN
cjal-9207	850	4	manag	manag	VERB
cjal-9207	850	5	ement	ement	ADJ
cjal-9207	850	6	law	law	NOUN
cjal-9207	850	7	,	,	PUNCT
cjal-9207	850	8	supra	supra	NOUN
cjal-9207	850	9	,	,	PUNCT
cjal-9207	850	10	chapter	chapter	NOUN
cjal-9207	850	11	ii-''registration	ii-''registration	NOUN
cjal-9207	850	12	and	and	CCONJ
cjal-9207	850	13	filing	filing	NOUN
cjal-9207	850	14	'	'	PUNCT
cjal-9207	850	15	'	'	PUNCT
cjal-9207	850	16	and	and	CCONJ
cjal-9207	850	17	chapter	chapter	NOUN
cjal-9207	850	18	v-"supervision	v-"supervision	PROPN
cjal-9207	850	19	management	management	NOUN
cjal-9207	850	20	.	.	PUNCT
cjal-9207	850	21	"	"	PUNCT
cjal-9207	851	1	138	138	NUM
cjal-9207	851	2	for	for	ADP
cjal-9207	851	3	additional	additional	ADJ
cjal-9207	851	4	examples	example	NOUN
cjal-9207	851	5	,	,	PUNCT
cjal-9207	851	6	see	see	VERB
cjal-9207	851	7	oecd	oecd	PROPN
cjal-9207	851	8	,	,	PUNCT
cjal-9207	851	9	corporate	corporate	ADJ
cjal-9207	851	10	governance	governance	NOUN
cjal-9207	851	11	factbook	factbook	VERB
cjal-9207	851	12	77	77	NUM
cjal-9207	851	13	tbl.4.8	tbl.4.8	PROPN
cjal-9207	851	14	(	(	PUNCT
cjal-9207	851	15	2015	2015	NUM
cjal-9207	851	16	)	)	PUNCT
cjal-9207	851	17	,	,	PUNCT
cjal-9207	851	18	http://www.oecd.org/da£'ca/corporate-governance-factbook.pdf	http://www.oecd.org/da£'ca/corporate-governance-factbook.pdf	NOUN
cjal-9207	851	19	(	(	PUNCT
cjal-9207	851	20	specifying	specify	VERB
cjal-9207	851	21	jurisdictions	jurisdiction	NOUN
cjal-9207	851	22	that	that	PRON
cjal-9207	851	23	have	have	VERB
cjal-9207	851	24	legal	legal	ADJ
cjal-9207	851	25	requirements	requirement	NOUN
cjal-9207	851	26	to	to	PART
cjal-9207	851	27	appoint	appoint	VERB
cjal-9207	851	28	emp	emp	NOUN
cjal-9207	851	29	loyee	loyee	NOUN
cjal-9207	851	30	representation	representation	NOUN
cjal-9207	851	31	on	on	ADP
cjal-9207	851	32	corporate	corporate	ADJ
cjal-9207	851	33	boards	board	NOUN
cjal-9207	851	34	)	)	PUNCT
cjal-9207	851	35	.	.	PUNCT
cjal-9207	852	1	139	139	NUM
cjal-9207	852	2	goergen	goergen	NOUN
cjal-9207	852	3	et	et	PROPN
cjal-9207	852	4	al	al	PROPN
cjal-9207	852	5	.	.	PROPN
cjal-9207	852	6	,	,	PUNCT
cjal-9207	852	7	recent	recent	ADJ
cjal-9207	852	8	development	development	NOUN
cjal-9207	852	9	s	s	PROPN
cjal-9207	852	10	in	in	ADP
cjal-9207	852	11	german	german	ADJ
cjal-9207	852	12	corporate	corporate	ADJ
cjal-9207	852	13	governance	governance	NOUN
cjal-9207	852	14	,	,	PUNCT
cjal-9207	852	15	28	28	NUM
cjal-9207	852	16	int'l	int'l	NOUN
cjal-9207	852	17	rev	rev	VERB
cjal-9207	852	18	.	.	PROPN
cjal-9207	852	19	l.	l.	PROPN
cjal-9207	852	20	&	&	CCONJ
cjal-9207	852	21	econ	econ	PROPN
cjal-9207	852	22	.	.	PUNCT
cjal-9207	853	1	175	175	NUM
cjal-9207	853	2	,	,	PUNCT
cjal-9207	853	3	178	178	NUM
cjal-9207	853	4	-	-	SYM
cjal-9207	853	5	79	79	NUM
cjal-9207	853	6	(	(	PUNCT
cjal-9207	853	7	2008	2008	NUM
cjal-9207	853	8	)	)	PUNCT
cjal-9207	853	9	.	.	PUNCT
cjal-9207	854	1	1•0	1•0	NUM
cjal-9207	854	2	john	john	PROPN
cjal-9207	854	3	w.	w.	PROPN
cjal-9207	854	4	cioffi	cioffi	PROPN
cjal-9207	854	5	,	,	PUNCT
cjal-9207	854	6	restructuring	restructure	VERB
cjal-9207	854	7	"	"	PUNCT
cjal-9207	854	8	germany	germany	PROPN
cjal-9207	854	9	inc	inc	PROPN
cjal-9207	854	10	.	.	PUNCT
cjal-9207	854	11	''	''	PUNCT
cjal-9207	854	12	.	.	PUNCT
cjal-9207	854	13	·	·	PUNCT
cjal-9207	855	1	the	the	DET
cjal-9207	855	2	politics	politic	NOUN
cjal-9207	855	3	of	of	ADP
cjal-9207	855	4	company	company	NOUN
cjal-9207	855	5	and	and	CCONJ
cjal-9207	855	6	takeover	takeover	NOUN
cjal-9207	855	7	law	law	NOUN
cjal-9207	855	8	reform	reform	NOUN
cjal-9207	855	9	in	in	ADP
cjal-9207	855	10	germany	germany	PROPN
cjal-9207	855	11	and	and	CCONJ
cjal-9207	855	12	the	the	DET
cjal-9207	855	13	european	european	PROPN
cjal-9207	855	14	union	union	PROPN
cjal-9207	855	15	,	,	PUNCT
cjal-9207	855	16	24	24	NUM
cjal-9207	855	17	law	law	NOUN
cjal-9207	855	18	&	&	CCONJ
cjal-9207	855	19	pol'y	pol'y	NOUN
cjal-9207	855	20	355	355	NUM
cjal-9207	855	21	,	,	PUNCT
cjal-9207	855	22	362	362	NUM
cjal-9207	855	23	-	-	SYM
cjal-9207	855	24	68	68	NUM
cjal-9207	855	25	(	(	PUNCT
cjal-9207	855	26	2002	2002	NUM
cjal-9207	855	27	)	)	PUNCT
cjal-9207	855	28	(	(	PUNCT
cjal-9207	855	29	reveali	reveali	VERB
cjal-9207	855	30	ng	ng	PROPN
cjal-9207	855	31	how	how	SCONJ
cjal-9207	855	32	th	th	X
cjal-9207	855	33	e	e	NOUN
cjal-9207	855	34	choice	choice	NOUN
cjal-9207	855	35	to	to	PART
cjal-9207	855	36	preserve	preserve	VERB
cjal-9207	855	37	a	a	DET
cjal-9207	855	38	"	"	PUNCT
cjal-9207	855	39	stakeholder	stakeholder	NOUN
cjal-9207	855	40	"	"	PUNCT
cjal-9207	855	41	oriented	orient	VERB
cjal-9207	855	42	corporate	corporate	ADJ
cjal-9207	855	43	approach	approach	NOUN
cjal-9207	855	44	,	,	PUNCT
cjal-9207	855	45	rather	rather	ADV
cjal-9207	855	46	than	than	ADP
cjal-9207	855	47	adopt	adopt	VERB
cjal-9207	855	48	pure	pure	ADJ
cjal-9207	855	49	shareholder	shareholder	NOUN
cjal-9207	855	50	wealth	wealth	NOUN
cjal-9207	855	51	perception	perception	NOUN
cjal-9207	855	52	,	,	PUNCT
cjal-9207	855	53	despite	despite	SCONJ
cjal-9207	855	54	growing	grow	VERB
cjal-9207	855	55	dispersion	dispersion	NOUN
cjal-9207	855	56	and	and	CCONJ
cjal-9207	855	57	development	development	NOUN
cjal-9207	855	58	of	of	ADP
cjal-9207	855	59	the	the	DET
cjal-9207	855	60	capital	capital	NOUN
cjal-9207	855	61	market	market	NOUN
cjal-9207	855	62	,	,	PUNCT
cjal-9207	855	63	emanated	emanate	VERB
cjal-9207	855	64	from	from	ADP
cjal-9207	855	65	various	various	ADJ
cjal-9207	855	66	political	political	ADJ
cjal-9207	855	67	power	power	NOUN
cjal-9207	855	68	struggles	struggle	NOUN
cjal-9207	855	69	and	and	CCONJ
cjal-9207	855	70	continued	continue	VERB
cjal-9207	855	71	social	social	ADJ
cjal-9207	855	72	obligation	obligation	NOUN
cjal-9207	855	73	)	)	PUNCT
cjal-9207	855	74	.	.	PUNCT
cjal-9207	856	1	38	38	NUM
cjal-9207	856	2	columbia	columbia	PROPN
cjal-9207	856	3	j	j	PROPN
cjal-9207	856	4	ournal	ournal	NOUN
cjal-9207	856	5	of	of	ADP
cjal-9207	856	6	asia	asia	PROPN
cjal-9207	856	7	.	.	PUNCT
cjal-9207	857	1	'\	'\	PROPN
cjal-9207	857	2	'	'	PUNCT
cjal-9207	857	3	l	l	NOUN
cjal-9207	857	4	.tn	.tn	PUNCT
cjal-9207	857	5	'	'	PART
cjal-9207	858	1	[	[	X
cjal-9207	858	2	vol	vol	NOUN
cjal-9207	858	3	.	.	PUNCT
cjal-9207	859	1	30:1	30:1	NUM
cjal-9207	859	2	then	then	ADV
cjal-9207	859	3	appoints	appoint	VERB
cjal-9207	859	4	the	the	DET
cjal-9207	859	5	memb	memb	NOUN
cjal-9207	859	6	ers	er	NOUN
cjal-9207	859	7	of	of	ADP
cjal-9207	859	8	the	the	DET
cjal-9207	859	9	firm	firm	NOUN
cjal-9207	859	10	's	's	PART
cjal-9207	859	11	·	·	PUNCT
cjal-9207	859	12	·	·	SYM
cjal-9207	859	13	management	management	PROPN
cjal-9207	859	14	board	board	NOUN
cjal-9207	859	15	"	"	PUNCT
cjal-9207	859	16	.	.	PUNCT
cjal-9207	860	1	w	w	VERB
cjal-9207	860	2	moreover	moreover	ADV
cjal-9207	860	3	,	,	PUNCT
cjal-9207	860	4	banks	bank	NOUN
cjal-9207	860	5	in	in	ADP
cjal-9207	860	6	germany	germany	PROPN
cjal-9207	860	7	fun	fun	PROPN
cjal-9207	860	8	ction	ction	NOUN
cjal-9207	860	9	not	not	PART
cjal-9207	860	10	only	only	ADV
cjal-9207	860	11	as	as	ADP
cjal-9207	860	12	creditor::-	creditor::-	NOUN
cjal-9207	860	13	,	,	PUNCT
cjal-9207	860	14	but	but	CCONJ
cjal-9207	860	15	a.lo	a.lo	PROPN
cjal-9207	860	16	exert	exert	VERB
cjal-9207	860	17	influence	influence	NOUN
cjal-9207	860	18	as	as	ADP
cjal-9207	860	19	direct	direct	ADJ
cjal-9207	860	20	and	and	CCONJ
cjal-9207	860	21	indirect	indirect	ADJ
cjal-9207	860	22	shareholders	shareholder	NOUN
cjal-9207	860	23	,	,	PUNCT
cjal-9207	860	24	and	and	CCONJ
cjal-9207	860	25	in	in	ADP
cjal-9207	860	26	addition	addition	NOUN
cjal-9207	860	27	will	will	AUX
cjal-9207	860	28	act	act	VERB
cjal-9207	860	29	as	as	ADP
cjal-9207	860	30	something	something	PRON
cjal-9207	860	31	like	like	ADP
cjal-9207	860	32	trustees	trustee	NOUN
cjal-9207	860	33	for	for	ADP
cjal-9207	860	34	the	the	DET
cjal-9207	860	35	firm	firm	NOUN
cjal-9207	860	36	's	's	PART
cjal-9207	860	37	minority	minority	NOUN
cjal-9207	860	38	public	public	ADJ
cjal-9207	860	39	inve	inve	NOUN
cjal-9207	860	40	...	...	PUNCT
cjal-9207	861	1	tor::-	tor::-	X
cjal-9207	861	2	,	,	PUNCT
cjal-9207	861	3	often	often	ADV
cjal-9207	861	4	exercising	exercise	VERB
cjal-9207	861	5	the	the	DET
cjal-9207	861	6	public	public	ADJ
cjal-9207	861	7	minority	minority	NOUN
cjal-9207	861	8	's	's	PART
cjal-9207	861	9	voting	voting	NOUN
cjal-9207	861	10	power	power	NOUN
cjal-9207	861	11	by	by	ADP
cjal-9207	861	12	prox·y.w	prox·y.w	PROPN
cjal-9207	861	13	!	!	PUNCT
cjal-9207	862	1	con	con	ADJ
cjal-9207	862	2	,	,	PUNCT
cjal-9207	862	3	eque	eque	ADV
cjal-9207	862	4	ntly	ntly	ADV
cjal-9207	862	5	,	,	PUNCT
cjal-9207	862	6	even	even	ADV
cjal-9207	862	7	in	in	ADP
cjal-9207	862	8	the	the	DET
cjal-9207	862	9	absence	absence	NOUN
cjal-9207	862	10	of	of	ADP
cjal-9207	862	11	direct	direct	ADJ
cjal-9207	862	12	or	or	CCONJ
cjal-9207	862	13	indirect	indirect	ADJ
cjal-9207	862	14	shareholding	shareholding	NOUN
cjal-9207	862	15	,	,	PUNCT
cjal-9207	862	16	the	the	DET
cjal-9207	862	17	intere	intere	PROPN
cjal-9207	862	18	..	..	PUNCT
cjal-9207	862	19	t	t	PROPN
cjal-9207	862	20	,	,	PUNCT
cjal-9207	862	21	of	of	ADP
cjal-9207	862	22	both	both	DET
cjal-9207	862	23	labor	labor	NOUN
cjal-9207	862	24	and	and	CCONJ
cjal-9207	862	25	creditors	creditor	NOUN
cjal-9207	862	26	are	be	AUX
cjal-9207	862	27	taken	take	VERB
cjal-9207	862	28	into	into	ADP
cjal-9207	862	29	account	account	NOUN
cjal-9207	862	30	and	and	CCONJ
cjal-9207	862	31	tho	tho	NOUN
cjal-9207	862	32	e	e	NOUN
cjal-9207	862	33	~ame	~ame	NOUN
cjal-9207	862	34	con	con	PROPN
cjal-9207	862	35	titue	titue	PROPN
cjal-9207	862	36	ncies	ncie	VERB
cjal-9207	862	37	a	a	DET
cjal-9207	862	38	re	re	NOUN
cjal-9207	862	39	granted	grant	VERB
cjal-9207	862	40	the	the	DET
cjal-9207	862	41	right	right	NOUN
cjal-9207	862	42	to	to	PART
cjal-9207	862	43	be	be	AUX
cjal-9207	862	44	actively	actively	ADV
cjal-9207	862	45	involved	involve	VERB
cjal-9207	862	46	in	in	ADP
cjal-9207	862	47	firm	firm	ADJ
cjal-9207	862	48	governance	governance	NOUN
cjal-9207	862	49	.	.	PUNCT
cjal-9207	863	1	143	143	NUM
cjal-9207	863	2	a	a	DET
cjal-9207	863	3	one	one	NUM
cjal-9207	863	4	of	of	ADP
cjal-9207	863	5	the	the	DET
cjal-9207	863	6	richest	rich	ADJ
cjal-9207	863	7	economies	economy	NOUN
cjal-9207	863	8	in	in	ADP
cjal-9207	863	9	the	the	DET
cjal-9207	863	10	world	world	NOUN
cjal-9207	863	11	set	set	VERB
cjal-9207	863	12	in	in	ADP
cjal-9207	863	13	a	a	DET
cjal-9207	863	14	social	social	ADJ
cjal-9207	863	15	democratic	democratic	ADJ
cjal-9207	863	16	political	political	ADJ
cjal-9207	863	17	system	system	NOUN
cjal-9207	863	18	,	,	PUNCT
cjal-9207	863	19	which	which	PRON
cjal-9207	863	20	also	also	ADV
cjal-9207	863	21	has	have	VERB
cjal-9207	863	22	historically	historically	ADV
cjal-9207	863	23	weak	weak	ADJ
cjal-9207	863	24	securitie	securitie	NOUN
cjal-9207	863	25	:	:	PUNCT
cjal-9207	863	26	:	:	PUNCT
cjal-9207	863	27	,	,	PUNCT
cjal-9207	863	28	mnrke	mnrke	PROPN
cjal-9207	863	29	and	and	CCONJ
cjal-9207	863	30	...	...	PUNCT
cjal-9207	863	31	trong	trong	PROPN
cjal-9207	863	32	banks	bank	NOUN
cjal-9207	863	33	,	,	PUNCT
cjal-9207	863	34	144	144	NUM
cjal-9207	863	35	germany	germany	PROPN
cjal-9207	863	36	seems	seem	VERB
cjal-9207	863	37	to	to	PART
cjal-9207	863	38	provide	provide	VERB
cjal-9207	863	39	an	an	DET
cjal-9207	863	40	interesting	interesting	ADJ
cjal-9207	863	41	model	model	NOUN
cjal-9207	863	42	for	for	ADP
cjal-9207	863	43	compari,-on	compari,-on	NOUN
cjal-9207	863	44	with	with	ADP
cjal-9207	863	45	china	china	PROPN
cjal-9207	863	46	.	.	PUNCT
cjal-9207	864	1	indeed	indeed	ADV
cjal-9207	864	2	,	,	PUNCT
cjal-9207	864	3	while	while	SCONJ
cjal-9207	864	4	shareholding	shareholde	VERB
cjal-9207	864	5	by	by	ADP
cjal-9207	864	6	financial	financial	ADJ
cjal-9207	864	7	in	in	ADP
cjal-9207	864	8	,	,	PUNCT
cjal-9207	864	9	titution	titution	NOUN
cjal-9207	864	10	i	i	PRON
cjal-9207	864	11	,	,	PUNCT
cjal-9207	864	12	lowly	lowly	ADJ
cjal-9207	864	13	being	be	AUX
cjal-9207	864	14	liberalized	liberalize	VERB
cjal-9207	864	15	,	,	PUNCT
cjal-9207	864	16	capital	capital	NOUN
cjal-9207	864	17	allocation	allocation	NOUN
cjal-9207	864	18	in	in	ADP
cjal-9207	864	19	china	china	PROPN
cjal-9207	864	20	is	be	AUX
cjal-9207	864	21	still	still	ADV
cjal-9207	864	22	overwhelming	overwhelming	ADJ
cjal-9207	864	23	ly	ly	ADP
cjal-9207	864	24	led	lead	VERB
cjal-9207	864	25	by	by	ADP
cjal-9207	864	26	bank	bank	NOUN
cjal-9207	864	27	lending	lending	NOUN
cjal-9207	864	28	rather	rather	ADV
cjal-9207	864	29	than	than	ADP
cjal-9207	864	30	by	by	ADP
cjal-9207	864	31	eq	eq	ADP
cjal-9207	864	32	uit	uit	PROPN
cjal-9207	864	33	y	y	PROPN
cjal-9207	864	34	capital	capital	NOUN
cjal-9207	864	35	market.s_141	market.s_141	NUM
cjal-9207	864	36	:)	:)	NOUN
cjal-9207	864	37	china'-	china'-	NOUN
cjal-9207	864	38	.	.	PUNCT
cjal-9207	865	1	,	,	PUNCT
cjal-9207	865	2	-tateowned	-tateowned	ADJ
cjal-9207	865	3	commercial	commercial	ADJ
cjal-9207	865	4	banks	bank	NOUN
cjal-9207	865	5	act	act	VERB
cjal-9207	865	6	exclusively	exclusively	ADV
cjal-9207	865	7	as	as	ADP
cjal-9207	865	8	creditors	creditor	NOUN
cjal-9207	865	9	of	of	ADP
cjal-9207	865	10	li::,ted	li::,ted	ADJ
cjal-9207	865	11	compa	compa	NOUN
cjal-9207	865	12	nies	ny	NOUN
cjal-9207	865	13	because	because	SCONJ
cjal-9207	865	14	direct	direct	ADJ
cjal-9207	865	15	equity	equity	NOUN
cjal-9207	865	16	inve	inve	NOUN
cjal-9207	865	17	stment	stment	PROPN
cjal-9207	865	18	by	by	ADP
cjal-9207	865	19	commercial	commercial	ADJ
cjal-9207	865	20	bank	bank	NOUN
cjal-9207	865	21	.	.	PUNCT
cjal-9207	866	1	in	in	ADP
cjal-9207	866	2	non	non	ADJ
cjal-9207	866	3	-	-	ADJ
cjal-9207	866	4	financial	financial	ADJ
cjal-9207	866	5	business	business	NOUN
cjal-9207	866	6	enterprises	enterprise	NOUN
cjal-9207	866	7	is	be	AUX
cjal-9207	866	8	prohibited	prohibit	VERB
cjal-9207	866	9	.	.	PUNCT
cjal-9207	867	1	146	146	NUM
cjal-9207	867	2	interestingly	interestingly	ADV
cjal-9207	867	3	,	,	PUNCT
cjal-9207	867	4	thi	thi	VERB
cjal-9207	867	5	,	,	PUNCT
cjal-9207	867	6	;	;	PUNCT
cjal-9207	867	7	...	...	PUNCT
cjal-9207	867	8	eem	eem	PROPN
cjal-9207	867	9	"	"	PUNCT
cjal-9207	867	10	to	to	PART
cjal-9207	867	11	be	be	AUX
cjal-9207	867	12	changing	change	VERB
cjal-9207	867	13	now	now	ADV
cjal-9207	867	14	as	as	SCONJ
cjal-9207	867	15	the	the	DET
cjal-9207	867	16	chinese	chinese	ADJ
cjal-9207	867	17	government	government	NOUN
cjal-9207	867	18	look	look	VERB
cjal-9207	867	19	s	s	VERB
cjal-9207	867	20	to	to	PART
cjal-9207	867	21	solve	solve	VERB
cjal-9207	867	22	onerou	onerou	NOUN
cjal-9207	867	23	debt	debt	NOUN
cjal-9207	867	24	burdens	burden	NOUN
cjal-9207	867	25	seen	see	VERB
cjal-9207	867	26	at	at	ADP
cjal-9207	867	27	many	many	ADJ
cjal-9207	867	28	of	of	ADP
cjal-9207	867	29	the	the	DET
cjal-9207	867	30	prc	prc	PROPN
cjal-9207	867	31	's	's	PART
cjal-9207	867	32	larg	larg	NOUN
cjal-9207	867	33	e	e	NOUN
cjal-9207	867	34	listed	list	VERB
cjal-9207	867	35	companies	company	NOUN
cjal-9207	867	36	,	,	PUNCT
cjal-9207	867	37	and	and	CCONJ
cjal-9207	867	38	the	the	DET
cjal-9207	867	39	centra	centra	PROPN
cjal-9207	867	40	l	l	PROPN
cjal-9207	867	41	government	government	NOUN
cjal-9207	867	42	encourages	encourage	VERB
cjal-9207	867	43	further	far	ADV
cjal-9207	867	44	round	round	ADV
cjal-9207	867	45	s	s	PROPN
cjal-9207	867	46	of	of	ADP
cjal-9207	867	47	debt	debt	NOUN
cjal-9207	867	48	for	for	ADP
cjal-9207	867	49	equity	equity	NOUN
cjal-9207	867	50	swapi	swapi	NOUN
cjal-9207	867	51	;	;	PUNCT
cjal-9207	867	52	through	through	ADP
cjal-9207	867	53	141	141	NUM
cjal-9207	867	54	goergen	goergen	NOUN
cjal-9207	867	55	et	et	PROPN
cjal-9207	867	56	al	al	PROPN
cjal-9207	867	57	.	.	PROPN
cjal-9207	867	58	,	,	PUNCT
cjal-9207	867	59	supra	supra	PROPN
cjal-9207	867	60	note	note	VERB
cjal-9207	867	61	139	139	NUM
cjal-9207	867	62	,	,	PUNCT
cjal-9207	867	63	at	at	ADP
cjal-9207	867	64	184	184	NUM
cjal-9207	867	65	-	-	NUM
cjal-9207	867	66	-86	-86	NOUN
cjal-9207	867	67	.	.	PUNCT
cjal-9207	868	1	142	142	NUM
cjal-9207	868	2	the	the	DET
cjal-9207	868	3	pr	pr	NOUN
cjal-9207	868	4	oxy	oxy	ADJ
cjal-9207	868	5	-	-	PUNCT
cjal-9207	868	6	vote	vote	NOUN
cjal-9207	868	7	system	system	NOUN
cjal-9207	868	8	·	·	PUNCT
cjal-9207	868	9	ge	ge	X
cjal-9207	868	10	·	·	PUNCT
cjal-9207	868	11	.	.	PUNCT
cjal-9207	868	12	.	.	PUNCT
cjal-9207	869	1	10	10	NUM
cjal-9207	869	2	rmany	rmany	NOUN
cjal-9207	869	3	provid	provid	PROPN
cjal-9207	869	4	es	es	ADP
cjal-9207	869	5	banks	bank	NOUN
cjal-9207	869	6	with	with	ADP
cjal-9207	869	7	effective	effective	ADJ
cjal-9207	869	8	~·otrng	~·otrng	PUNCT
cjal-9207	869	9	power	power	NOUN
cjal-9207	869	10	,	,	PUNCT
cjal-9207	869	11	.	.	PUNCT
cjal-9207	870	1	i	i	PRON
cjal-9207	870	2	d	d	PROPN
cjal-9207	870	3	..	..	PUNCT
cjal-9207	870	4	fiat	fiat	PROPN
cjal-9207	870	5	1	1	NUM
cjal-9207	870	6	;	;	PUNCT
cjal-9207	870	7	8	8	NUM
cjal-9207	870	8	·	·	SYM
cjal-9207	870	9	18~	18~	NUM
cjal-9207	870	10	(	(	PUNCT
cjal-9207	870	11	noti~	noti~	PROPN
cjal-9207	870	12	g	g	NOUN
cjal-9207	870	13	that	that	PRON
cjal-9207	870	14	hi	hi	INTJ
cjal-9207	870	15	storically	storically	ADV
cjal-9207	870	16	th	th	X
cjal-9207	870	17	e	e	NOUN
cjal-9207	870	18	bank	bank	NOUN
cjal-9207	870	19	that	that	PRON
cjal-9207	870	20	owns	own	VERB
cjal-9207	870	21	share	share	NOUN
cjal-9207	870	22	s	s	PROPN
cjal-9207	870	23	in	in	ADP
cjal-9207	870	24	the	the	DET
cjal-9207	870	25	listed	list	VERB
cjal-9207	870	26	firm	firm	NOUN
cjal-9207	870	27	1s	1	NOUN
cjal-9207	870	28	al,-o	al,-o	ADV
cjal-9207	870	29	the	the	DET
cjal-9207	870	30	rm	rm	PROPN
cjal-9207	870	31	s	s	PART
cjal-9207	870	32	mam	mam	PROPN
cjal-9207	870	33	credito	credito	PROPN
cjal-9207	870	34	r	r	PROPN
cjal-9207	870	35	)	)	PUNCT
cjal-9207	870	36	.	.	PUNCT
cjal-9207	871	1	143	143	NUM
cjal-9207	871	2	bu	bu	PROPN
cjal-9207	871	3	t	t	PROPN
cjal-9207	871	4	see	see	VERB
cjal-9207	871	5	i	i	PRON
cjal-9207	871	6	d.	d.	PROPN
cjal-9207	871	7	(	(	PUNCT
cjal-9207	871	8	pointing	point	VERB
cjal-9207	871	9	generally	generally	ADV
cjal-9207	871	10	o	o	X
cjal-9207	871	11	·	·	PUNCT
cjal-9207	871	12	banks	bank	NOUN
cjal-9207	871	13	)	)	PUNCT
cjal-9207	871	14	.	.	PUNCT
cjal-9207	872	1	n	n	PRON
cjal-9207	872	2	regression	regression	VERB
cjal-9207	872	3	m	m	VERB
cjal-9207	872	4	the	the	DET
cjal-9207	872	5	sco	sco	PROPN
cjal-9207	872	6	pe	pe	PROPN
cjal-9207	872	7	of	of	ADP
cjal-9207	872	8	monito	monito	PROPN
cjal-9207	872	9	nng	nng	PROPN
cjal-9207	872	10	by	by	ADP
cjal-9207	872	11	large	large	ADJ
cjal-9207	872	12	144	144	NUM
cjal-9207	872	13	see	see	NOUN
cjal-9207	872	14	ro	ro	PROPN
cjal-9207	872	15	e	e	NOUN
cjal-9207	872	16	,	,	PUNCT
cjal-9207	872	17	supra	supra	PROPN
cjal-9207	872	18	note	note	NOUN
cjal-9207	872	19	126	126	NUM
cjal-9207	872	20	,	,	PUNCT
cjal-9207	872	21	at	at	ADP
cjal-9207	872	22	71	71	NUM
cjal-9207	872	23	.	.	PUNCT
cjal-9207	872	24	140	140	NUM
cjal-9207	872	25	zhiwu	zhiwu	PROPN
cjal-9207	872	26	che	che	X
cjal-9207	872	27	n	n	CCONJ
cjal-9207	872	28	et	et	PROPN
cjal-9207	872	29	al	al	PROPN
cjal-9207	872	30	.	.	PROPN
cjal-9207	872	31	,	,	PUNCT
cjal-9207	872	32	the	the	DET
cjal-9207	872	33	asset	asset	NOUN
cjal-9207	872	34	ma	ma	PROPN
cjal-9207	872	35	j	j	PROPN
cjal-9207	872	36	·	·	PUNCT
cjal-9207	872	37	and	and	CCONJ
cjal-9207	872	38	future	future	ADJ
cjal-9207	872	39	prospects	prospect	NOUN
cjal-9207	872	40	j	j	PROPN
cjal-9207	872	41	of	of	ADP
cjal-9207	872	42	pao	pao	PROPN
cjal-9207	872	43	m	m	PROPN
cjal-9207	872	44	nagem.ent	nagem.ent	NOUN
cjal-9207	872	45	nd	nd	INTJ
cjal-9207	872	46	ust	ust	VERB
cjal-9207	872	47	"	"	PUNCT
cjal-9207	872	48	y	y	PROPN
cjal-9207	872	49	in	in	ADP
cjal-9207	872	50	cluna	cluna	PROPN
cjal-9207	872	51	:	:	PUNCT
cjal-9207	872	52	its	its	PRON
cjal-9207	872	53	past	past	ADJ
cjal-9207	872	54	performance	performance	NOUN
cjal-9207	872	55	,	,	PUNCT
cjal-9207	872	56	·	·	PUNCT
cjal-9207	872	57	f.	f.	PROPN
cjal-9207	872	58	gmt	gmt	PROPN
cjal-9207	872	59	.	.	PROPN
cjal-9207	872	60	,	,	PUNCT
cjal-9207	872	61	special	special	ADJ
cjal-9207	872	62	china	china	PROPN
cjal-9207	872	63	issue	issue	PROPN
cjal-9207	872	64	2015	2015	NUM
cjal-9207	872	65	h	h	NOUN
cjal-9207	872	66	.	.	PUNCT
cjal-9207	873	1	cont	cont	NOUN
cjal-9207	873	2	inuing	inue	VERB
cjal-9207	873	3	dominance	dominance	NOUN
cjal-9207	873	4	of	of	ADP
cjal-9207	873	5	bank	bank	NOUN
cjal-9207	873	6	fin	fin	NOUN
cjal-9207	873	7	.	.	PUNCT
cjal-9207	874	1	,	,	PUNCT
cjal-9207	874	2	,	,	PUNCT
cjal-9207	874	3	at	at	ADP
cjal-9207	874	4	12	12	NUM
cjal-9207	874	5	(	(	PUNCT
cjal-9207	874	6	s	s	VERB
cjal-9207	874	7	owing	owe	VERB
cjal-9207	874	8	staye	staye	NOUN
cjal-9207	874	9	d	d	NOUN
cjal-9207	874	10	below	below	ADP
cjal-9207	874	11	5	5	NUM
cjal-9207	874	12	%	%	NOUN
cjal-9207	874	13	of	of	ADP
cjal-9207	874	14	total	total	PROPN
cjal-9207	874	15	b	b	PROPN
cjal-9207	875	1	nk	nk	INTJ
cjal-9207	875	2	i	i	PRON
cjal-9207	875	3	anc	anc	PROPN
cjal-9207	875	4	~	~	SYM
cjal-9207	875	5	g	g	NOUN
cjal-9207	875	6	over	over	ADP
cjal-9207	875	7	equity	equity	NOUN
cjal-9207	875	8	financing	financing	NOUN
cjal-9207	875	9	,	,	PUNCT
cjal-9207	875	10	whereby	whereby	SCONJ
cjal-9207	875	11	equ1tv	equ1tv	NOUN
cjal-9207	875	12	financing	finance	VERB
cjal-9207	875	13	a	a	DET
cjal-9207	875	14	oa	oa	INTJ
cjal-9207	875	15	ns	ns	PROPN
cjal-9207	875	16	m	m	PROPN
cjal-9207	875	17	quantity	quantity	NOUN
cjal-9207	875	18	(	(	PUNCT
cjal-9207	875	19	d	d	NOUN
cjal-9207	875	20	·	·	PUNCT
cjal-9207	875	21	.	.	PUNCT
cjal-9207	875	22	.	.	PUNCT
cjal-9207	876	1	edelmann	edelmann	PROPN
cjal-9207	876	2	et	et	NOUN
cjal-9207	876	3	al	al	PROPN
cjal-9207	876	4	asset	asset	PROPN
cjal-9207	876	5	.	.	PUNCT
cjal-9207	877	1	,	,	PUNCT
cjal-9207	877	2	,	,	PUNCT
cjal-9207	877	3	.	.	PUNCT
cjal-9207	878	1	measure	measure	NOUN
cjal-9207	878	2	1991	1991	NUM
cjal-9207	878	3	-	-	SYM
cjal-9207	878	4	2013	2013	NUM
cjal-9207	878	5	)	)	PUNCT
cjal-9207	878	6	)	)	PUNCT
cjal-9207	878	7	.	.	PUNCT
cjal-9207	879	1	s.	s.	PROPN
cjal-9207	879	2	.	.	PUNCT
cjal-9207	880	1	chnstia	chnstia	PROPN
cjal-9207	880	2	n	n	PROPN
cjal-9207	880	3	·	·	SYM
cjal-9207	880	4	•	•	PROPN
cjal-9207	880	5	managem	managem	PROPN
cjal-9207	880	6	ent	ent	PROPN
cjal-9207	880	7	in	in	ADP
cjal-9207	880	8	china	china	PROPN
cjal-9207	880	9	0	0	NUM
cjal-9207	880	10	http://www.oliverwyman.com/ourex	http://www.oliverwyman.com/ourex	NUM
cjal-9207	880	11	perti	perti	PROPN
cjal-9207	880	12	se/	se/	NOUN
cjal-9207	880	13	in	in	ADP
cjal-9207	880	14	si	si	PROPN
cjal-9207	880	15	h	h	NOUN
cjal-9207	880	16	'	'	PUNCT
cjal-9207	880	17	liver	liver	NOUN
cjal-9207	880	18	wyma	wyma	NOUN
cjal-9207	880	19	..	..	PUNCT
cjal-9207	880	20	's	's	PART
cjal-9207	880	21	{	{	PUNCT
cjal-9207	880	22	aug	aug	PROPN
cjal-9207	880	23	.	.	PROPN
cjal-9207	880	24	2014	2014	NUM
cjal-9207	880	25	)	)	PUNCT
cjal-9207	880	26	.	.	PUNCT
cjal-9207	881	1	china.html	china.html	NOUN
cjal-9207	881	2	#	#	NOUN
cjal-9207	881	3	.vmtbpa6rr	.vmtbpa6rr	X
cjal-9207	881	4	e5	e5	PROPN
cjal-9207	881	5	(	(	PUNCT
cjal-9207	881	6	noting	note	VERB
cjal-9207	881	7	that	that	SCONJ
cjal-9207	881	8	in	in	ADP
cjal-9207	881	9	201	201	NUM
cjal-9207	881	10	!	!	PUNCT
cjal-9207	882	1	ts120l	ts120l	PROPN
cjal-9207	882	2	4	4	NUM
cjal-9207	882	3	/	/	SYM
cjal-9207	882	4	aug	aug	NOUN
cjal-9207	882	5	/	/	SYM
cjal-9207	882	6	asset,-man	asset,-man	NOUN
cjal-9207	882	7	~	~	SYM
cjal-9207	882	8	geme_ntm•	geme_ntm•	PRON
cjal-9207	882	9	assets	asset	NOUN
cjal-9207	882	10	were	be	AUX
cjal-9207	882	11	ei	ei	NOUN
cjal-9207	882	12	ther	ther	ADJ
cjal-9207	882	13	bank	bank	NOUN
cjal-9207	882	14	deposits	deposit	NOUN
cjal-9207	882	15	o	o	NOUN
cjal-9207	882	16	1	1	NUM
cjal-9207	882	17	.	.	PUNCT
cjal-9207	883	1	k	k	NOUN
cjal-9207	883	2	'	'	PUNCT
cjal-9207	883	3	!	!	PUNCT
cjal-9207	884	1	~e	~e	PUNCT
cjal-9207	884	2	bulk	bulk	NOUN
cjal-9207	884	3	of	of	ADP
cjal-9207	884	4	chma	chma	PROPN
cjal-9207	884	5	s	s	PART
cjal-9207	884	6	14a	14a	NOUN
cjal-9207	884	7	trillion	trillion	NUM
cjal-9207	884	8	financial	financial	ADJ
cjal-9207	884	9	r	r	NOUN
cjal-9207	884	10	ow	ow	PROPN
cjal-9207	884	11	ri	ri	PROPN
cjal-9207	884	12	s	s	PROPN
cjal-9207	884	13	securities	security	NOUN
cjal-9207	884	14	)	)	PUNCT
cjal-9207	884	15	146	146	NUM
cjal-9207	884	16	see	see	VERB
cjal-9207	884	17	shangye	shangye	PROPN
cjal-9207	884	18	yinhang	yinhang	PROPN
cjal-9207	884	19	fa	fa	PROPN
cjal-9207	884	20	(	(	PUNCT
cjal-9207	884	21	il'fi	il'fi	PROPN
cjal-9207	884	22	~	~	SYM
cjal-9207	884	23	t!hr~	t!hr~	NOUN
cjal-9207	884	24	·	·	PUNCT
cjal-9207	884	25	standing	stand	VERB
cjal-9207	884	26	comm	comm	NOUN
cjal-9207	884	27	.	.	PUNCT
cjal-9207	885	1	of	of	ADP
cjal-9207	885	2	the	the	DET
cjal-9207	885	3	eighth	eighth	ADJ
cjal-9207	885	4	nat	nat	PROPN
cjal-9207	885	5	'	'	PUNCT
cjal-9207	885	6	l	l	NOUN
cjal-9207	885	7	p	p	NOUN
cjal-9207	885	8	eo	eo	INTJ
cjal-9207	885	9	!	!	PUNCT
cjal-9207	886	1	e	e	NOUN
cjal-9207	886	2	's	's	PART
cjal-9207	886	3	)	)	PUNCT
cjal-9207	886	4	rw	rw	NOUN
cjal-9207	886	5	on	on	ADP
cjal-9207	886	6	comme	comme	PROPN
cjal-9207	886	7	rcial	rcial	ADJ
cjal-9207	886	8	banks	bank	NOUN
cjal-9207	886	9	)	)	PUNCT
cjal-9207	886	10	(	(	PUNCT
cjal-9207	886	11	adopte	adopte	PROPN
cjal-9207	886	12	d	d	PROPN
cjal-9207	886	13	the	the	DET
cjal-9207	886	14	august	august	PROPN
cjal-9207	886	15	21	21	NUM
cjal-9207	886	16	,	,	PUNCT
cjal-9207	886	17	2015	2015	NUM
cjal-9207	886	18	)	)	PUNCT
cjal-9207	886	19	art	art	NOUN
cjal-9207	886	20	43	43	NUM
cjal-9207	886	21	(	(	PUNCT
cjal-9207	886	22	prohi'bi'ti	prohi'bi'ti	PROPN
cjal-9207	886	23	·	·	SYM
cjal-9207	886	24	hp	hp	PROPN
cjal-9207	886	25	ong	ong	PROPN
cjal-9207	886	26	.	.	PROPN
cjal-9207	886	27	,	,	PUNCT
cjal-9207	886	28	may	may	AUX
cjal-9207	886	29	10	10	NUM
cjal-9207	886	30	,	,	PUNCT
cjal-9207	886	31	1995	1995	NUM
cjal-9207	886	32	,	,	PUNCT
cjal-9207	886	33	and	and	CCONJ
cjal-9207	886	34	ame	ame	PROPN
cjal-9207	886	35	nded	nde	VERB
cjal-9207	886	36	last	last	ADV
cjal-9207	886	37	on	on	ADV
cjal-9207	886	38	.	.	PUNCT
cjal-9207	887	1	·	·	PUNCT
cjal-9207	887	2	ng	ng	PROPN
cjal-9207	887	3	sue	sue	PROPN
cjal-9207	887	4	equity	equity	NOUN
cjal-9207	887	5	in	in	ADP
cjal-9207	887	6	t	t	PROPN
cjal-9207	887	7	.	.	PUNCT
cjal-9207	888	1	othe	othe	PROPN
cjal-9207	888	2	rwi	rwi	PROPN
cjal-9207	888	3	se	se	PROPN
cjal-9207	888	4	provid	provid	PROPN
cjal-9207	888	5	ed	ed	PROPN
cjal-9207	888	6	by	by	ADP
cjal-9207	888	7	regul	regul	NOUN
cjal-9207	888	8	at	at	ADP
cjal-9207	888	9	ion	ion	NOUN
cjal-9207	888	10	)	)	PUNCT
cjal-9207	888	11	e	e	X
cjal-9207	888	12	t	t	NOUN
cjal-9207	888	13	·	·	PUNCT
cjal-9207	888	14	fj	fj	PROPN
cjal-9207	888	15	ves	ves	PROPN
cjal-9207	888	16	ment	ment	VERB
cjal-9207	888	17	by	by	ADP
cjal-9207	888	18	commercial	commercial	ADJ
cjal-9207	888	19	banks	bank	NOUN
cjal-9207	888	20	unless	unless	SCONJ
cjal-9207	888	21	•	•	NOUN
cjal-9207	888	22	xcep	xcep	ADJ
cjal-9207	888	23	ion	ion	NOUN
cjal-9207	888	24	s	s	NOUN
cjal-9207	888	25	or	or	CCONJ
cjal-9207	888	26	the	the	DET
cjal-9207	888	27	ge	ge	PROPN
cjal-9207	888	28	al	al	PROPN
cjal-9207	888	29	h	h	PROPN
cjal-9207	888	30	.	.	PUNCT
cjal-9207	888	31	.	.	PUNCT
cjal-9207	889	1	by	by	ADP
cjal-9207	889	2	a	a	DET
cjal-9207	889	3	debt	debt	NOUN
cjal-9207	889	4	-for	-for	NOUN
cjal-9207	889	5	-	-	PUNCT
cjal-9207	889	6	equit	equit	PROPN
cjal-9207	889	7	y	y	PROPN
cjal-9207	889	8	swap	swap	NOUN
cjal-9207	889	9	scheme	scheme	NOUN
cjal-9207	889	10	d	d	X
cjal-9207	889	11	.	.	PUNCT
cjal-9207	890	1	h	h	NOUN
cjal-9207	890	2	ner	ner	NOUN
cjal-9207	890	3	pro	pro	ADJ
cjal-9207	890	4	1b1tion	1b1tion	PROPN
cjal-9207	890	5	were	be	AUX
cjal-9207	890	6	implemented	implement	VERB
cjal-9207	890	7	urmg	urmg	NOUN
cjal-9207	890	8	t	t	PROPN
cjal-9207	890	9	e	e	PROPN
cjal-9207	890	10	la	la	X
cjal-9207	890	11	te	te	PROPN
cjal-9207	890	12	1990	1990	NUM
cjal-9207	890	13	'	'	PART
cjal-9207	890	14	s	s	PROPN
cjal-9207	890	15	n	n	CCONJ
cjal-9207	890	16	'	'	CCONJ
cjal-9207	890	17	amcs	amcs	ADJ
cjal-9207	890	18	debt	debt	NOUN
cjal-9207	890	19	-	-	PUNCT
cjal-9207	890	20	for	for	ADP
cjal-9207	890	21	-	-	PUNCT
cjal-9207	890	22	equity	equity	NOUN
cjal-9207	890	23	swaps	swap	NOUN
cjal-9207	890	24	·	·	PUNCT
cjal-9207	890	25	oppo	oppo	NOUN
cjal-9207	890	26	t	t	NOUN
cjal-9207	890	27	'	'	PUNCT
cjal-9207	890	28	t.	t.	PROPN
cjal-9207	890	29	s.	s.	PROPN
cjal-9207	890	30	ee	ee	PROPN
cjal-9207	890	31	1cholas	1cholas	PROPN
cjal-9207	890	32	c.	c.	PROPN
cjal-9207	890	33	howson	howson	PROPN
cjal-9207	890	34	.	.	PUNCT
cjal-9207	891	1	the	the	DET
cjal-9207	891	2	·	·	PUNCT
cjal-9207	891	3	r	r	NOUN
cjal-9207	891	4	uni	uni	ADJ
cjal-9207	891	5	ies	ie	NOUN
cjal-9207	891	6	for	for	ADP
cjal-9207	891	7	for	for	ADP
cjal-9207	891	8	·	·	PUNCT
cjal-9207	891	9	c	c	X
cjal-9207	891	10	-oct	-oct	PUNCT
cjal-9207	891	11	2001	2001	NUM
cjal-9207	891	12	,	,	PUNCT
cjal-9207	891	13	available	available	ADJ
cjal-9207	891	14	at	at	ADP
cjal-9207	891	15	https	https	NOUN
cjal-9207	891	16	·	·	PUNCT
cjal-9207	891	17	//w	//w	PUNCT
cjal-9207	891	18	,	,	PUNCT
cjal-9207	891	19	..	..	PUNCT
cjal-9207	891	20	w	w	X
cjal-9207	891	21	aul	aul	NOUN
cjal-9207	891	22	.	.	PUNCT
cjal-9207	892	1	eign	eign	PROPN
cjal-9207	892	2	apital	apital	NOUN
cjal-9207	892	3	?	?	PUNCT
cjal-9207	892	4	,	,	PUNCT
cjal-9207	892	5	china	china	PROPN
cjal-9207	892	6	bus	bus	PROPN
cjal-9207	892	7	.	.	PUNCT
cjal-9207	893	1	rev	rev	PROPN
cjal-9207	893	2	.	.	PROPN
cjal-9207	893	3	,	,	PUNCT
cjal-9207	893	4	se_pt	se_pt	PROPN
cjal-9207	893	5	·	·	PUNCT
cjal-9207	893	6	.	.	PUNCT
cjal-9207	893	7	·	·	PUNCT
cjal-9207	893	8	"	"	PUNCT
cjal-9207	893	9	.p	.p	PROPN
cjal-9207	893	10	we1ss	we1ss	PROPN
cjal-9207	893	11	com	com	PROPN
cjal-9207	893	12	/	/	SYM
cjal-9207	893	13	m	m	PROPN
cjal-9207	893	14	dia	dia	PROPN
cjal-9207	893	15	/	/	SYM
cjal-9207	893	16	l	l	PROPN
cjal-9207	893	17	9	9	NUM
cjal-9207	893	18	.	.	PUNCT
cjal-9207	894	1	scheme	scheme	NOUN
cjal-9207	894	2	aimed	aim	VERB
cjal-9207	894	3	to	to	PART
cjal-9207	894	4	handle	handle	VERB
cjal-9207	894	5	non	non	ADJ
cjal-9207	894	6	-perform	-perform	PROPN
cjal-9207	894	7	·	·	SYM
cjal-9207	894	8	g	g	PROPN
cjal-9207	894	9	1	1	NUM
cjal-9207	894	10	·	·	PUNCT
cjal-9207	894	11	e	e	NOUN
cjal-9207	894	12	53321/32427.pdf	53321/32427.pdf	NOUN
cjal-9207	894	13	.	.	PUNCT
cjal-9207	895	1	a	a	DET
cjal-9207	895	2	slldilar	slldilar	ADJ
cjal-9207	895	3	b	b	NOUN
cjal-9207	895	4	.	.	PUNCT
cjal-9207	895	5	.	.	PUNCT
cjal-9207	896	1	10	10	NUM
cjal-9207	896	2	oans	oan	NOUN
cjal-9207	896	3	and	and	CCONJ
cjal-9207	896	4	extre	extre	NOUN
cjal-9207	896	5	.	.	PUNCT
cjal-9207	897	1	emg	emg	NOUN
cjal-9207	897	2	considered	consider	VERB
cjal-9207	897	3	by	by	ADP
cjal-9207	897	4	the	the	DET
cjal-9207	897	5	chinese	chinese	PROPN
cjal-9207	897	6	gove	gove	PROPN
cjal-9207	897	7	t	t	PROPN
cjal-9207	897	8	s	s	PART
cjal-9207	897	9	me	i	PRON
cjal-9207	897	10	corporate	corporate	ADJ
cjal-9207	897	11	leverage	leverage	NOUN
cjal-9207	897	12	is	be	AUX
cjal-9207	897	13	currently	currently	ADV
cjal-9207	897	14	rnm	rnm	ADJ
cjal-9207	897	15	en	en	PROPN
cjal-9207	897	16	.	.	PROPN
cjal-9207	898	1	ee	ee	PROPN
cjal-9207	898	2	we	we	PRON
cjal-9207	898	3	·	·	PUNCT
cjal-9207	898	4	l	l	X
cjal-9207	898	5	'	'	X
cjal-9207	898	6	lin	lin	PROPN
cjal-9207	898	7	.	.	PUNCT
cjal-9207	899	1	to	to	PART
cjal-9207	899	2	swap	swap	VERB
cjal-9207	899	3	bad	bad	ADJ
cjal-9207	899	4	loans	loan	NOUN
cjal-9207	899	5	for	for	ADP
cjal-9207	899	6	eq	eq	NOUN
cjal-9207	899	7	uity	uity	PROPN
cjal-9207	899	8	i	i	PRON
cjal-9207	899	9	b	b	PROPN
cjal-9207	900	1	i	i	PRON
cjal-9207	900	2	mg	mg	VERB
cjal-9207	900	3	g	g	PROPN
cjal-9207	900	4	,	,	PUNCT
cjal-9207	900	5	china	china	PROPN
cjal-9207	900	6	u	u	NOUN
cjal-9207	900	7	;	;	PUNCT
cjal-9207	900	8	set	set	VERB
cjal-9207	900	9	to	to	PART
cjal-9207	900	10	allow	allow	VERB
cjal-9207	900	11	banks	bank	NOUN
cjal-9207	900	12	http	http	ADJ
cjal-9207	900	13	·	·	PUNCT
cjal-9207	900	14	//	//	NUM
cjal-9207	900	15	.	.	PUNCT
cjal-9207	900	16	.	.	PUNCT
cjal-9207	901	1	n	n	PRON
cjal-9207	901	2	orrowers	orrower	NOUN
cjal-9207	901	3	wall	wall	PROPN
cjal-9207	901	4	s	s	PART
cjal-9207	901	5	.	.	PUNCT
cjal-9207	902	1	_	_	NOUN
cjal-9207	902	2	6	6	NUM
cjal-9207	902	3	.	.	PUNCT
cjal-9207	903	1	www	www	PROPN
cjal-9207	903	2	.wsj.com	.wsj.com	PROPN
cjal-9207	903	3	/	/	SYM
cjal-9207	903	4	ar	ar	PROPN
cjal-9207	903	5	ticl	ticl	NOUN
cjal-9207	903	6	es	es	PROPN
cjal-9207	903	7	/	/	SYM
cjal-9207	903	8	c	c	NOUN
cjal-9207	903	9	hina	hina	NOUN
cjal-9207	903	10	-	-	PUNCT
cjal-9207	903	11	pl	pl	X
cjal-9207	903	12	ans	an	NOUN
cjal-9207	903	13	-	-	NOUN
cjal-9207	903	14	debt	debt	NOUN
cjal-9207	903	15	-for	-for	NOUN
cjal-9207	903	16	.	.	PUNCT
cjal-9207	903	17	'	'	PUNCT
cjal-9207	904	1	t.	t.	PROPN
cjal-9207	904	2	j.	j.	PROPN
cjal-9207	904	3	,	,	PUNCT
cjal-9207	904	4	april	april	PROPN
cjal-9207	904	5	lo	lo	PROPN
cjal-9207	904	6	,	,	PUNCT
cjal-9207	904	7	201	201	NUM
cjal-9207	904	8	,	,	PUNCT
cjal-9207	904	9	corporate	corporate	ADJ
cjal-9207	904	10	-	-	PUNCT
cjal-9207	904	11	debt-1460649581	debt-1460649581	NOUN
cjal-9207	904	12	.	.	PUNCT
cjal-9207	904	13	equity	equity	NOUN
cjal-9207	904	14	-	-	PUNCT
cjal-9207	904	15	swap	swap	NOUN
cjal-9207	904	16	-	-	PUNCT
cjal-9207	904	17	program	program	NOUN
cjal-9207	904	18	-	-	PUNCT
cjal-9207	904	19	to	to	ADP
cjal-9207	904	20	-	-	PUNCT
cjal-9207	904	21	help	help	VERB
cjal-9207	904	22	-	-	PUNCT
cjal-9207	904	23	reduce-2016	reduce-2016	VERB
cjal-9207	904	24	]	]	PUNCT
cjal-9207	904	25	minority	minority	NOUN
cjal-9207	904	26	public	public	ADJ
cjal-9207	904	27	shareholders	shareholder	NOUN
cjal-9207	904	28	in	in	ADP
cjal-9207	904	29	china	china	PROPN
cjal-9207	904	30	39	39	NUM
cjal-9207	904	31	various	various	ADJ
cjal-9207	904	32	schemes	scheme	NOUN
cjal-9207	904	33	,	,	PUNCT
cjal-9207	904	34	147	147	NUM
cjal-9207	904	35	and	and	CCONJ
cjal-9207	904	36	for	for	ADP
cjal-9207	904	37	the	the	DET
cjal-9207	904	38	first	first	ADJ
cjal-9207	904	39	publicly	publicly	ADV
cjal-9207	904	40	celebrated	celebrate	VERB
cjal-9207	904	41	time	time	NOUN
cjal-9207	904	42	also	also	ADV
cjal-9207	904	43	through	through	ADP
cjal-9207	904	44	direct	direct	PROPN
cjal-9207	904	45	bank	bank	NOUN
cjal-9207	904	46	equity	equity	NOUN
cjal-9207	904	47	holdings.148	holdings.148	PROPN
cjal-9207	904	48	at	at	ADP
cjal-9207	904	49	first	first	ADJ
cjal-9207	904	50	glance	glance	NOUN
cjal-9207	904	51	,	,	PUNCT
cjal-9207	904	52	it	it	PRON
cjal-9207	904	53	also	also	ADV
cjal-9207	904	54	appears	appear	VERB
cjal-9207	904	55	that	that	SCONJ
cjal-9207	904	56	china	china	PROPN
cjal-9207	904	57	has	have	AUX
cjal-9207	904	58	adopted	adopt	VERB
cjal-9207	904	59	germany	germany	PROPN
cjal-9207	904	60	's	's	PART
cjal-9207	904	61	two	two	NUM
cjal-9207	904	62	-	-	PUNCT
cjal-9207	904	63	tiered	tiere	VERB
cjal-9207	904	64	board	board	NOUN
cjal-9207	904	65	and	and	CCONJ
cjal-9207	904	66	co	co	NOUN
cjal-9207	904	67	-	-	NOUN
cjal-9207	904	68	determination	determination	ADJ
cjal-9207	904	69	mechanisms	mechanism	NOUN
cjal-9207	904	70	through	through	ADP
cjal-9207	904	71	the	the	DET
cjal-9207	904	72	prc	prc	PROPN
cjal-9207	904	73	's	's	PART
cjal-9207	904	74	dual	dual	ADJ
cjal-9207	904	75	-	-	PUNCT
cjal-9207	904	76	board	board	NOUN
cjal-9207	904	77	structure	structure	NOUN
cjal-9207	904	78	,	,	PUNCT
cjal-9207	904	79	mandating	mandate	VERB
cjal-9207	904	80	the	the	DET
cjal-9207	904	81	establishment	establishment	NOUN
cjal-9207	904	82	of	of	ADP
cjal-9207	904	83	both	both	CCONJ
cjal-9207	904	84	an	an	DET
cjal-9207	904	85	angloamerican	angloamerican	ADJ
cjal-9207	904	86	style	style	NOUN
cjal-9207	904	87	board	board	NOUN
cjal-9207	904	88	of	of	ADP
cjal-9207	904	89	directors	director	NOUN
cjal-9207	904	90	and	and	CCONJ
cjal-9207	904	91	a	a	DET
cjal-9207	904	92	supervisory	supervisory	ADJ
cjal-9207	904	93	board	board	NOUN
cjal-9207	904	94	with	with	ADP
cjal-9207	904	95	employee	employee	NOUN
cjal-9207	904	96	electors	elector	NOUN
cjal-9207	904	97	.	.	PUNCT
cjal-9207	905	1	149	149	NUM
cjal-9207	905	2	in	in	ADP
cjal-9207	905	3	my	my	PRON
cjal-9207	905	4	view	view	NOUN
cjal-9207	905	5	however	however	ADV
cjal-9207	905	6	,	,	PUNCT
cjal-9207	905	7	and	and	CCONJ
cjal-9207	905	8	regardless	regardless	ADV
cjal-9207	905	9	of	of	ADP
cjal-9207	905	10	superfic	superfic	ADJ
cjal-9207	905	11	ial	ial	ADJ
cjal-9207	905	12	similarities	similarity	NOUN
cjal-9207	905	13	between	between	ADP
cjal-9207	905	14	china	china	PROPN
cjal-9207	905	15	and	and	CCONJ
cjal-9207	905	16	germany	germany	PROPN
cjal-9207	905	17	,	,	PUNCT
cjal-9207	905	18	the	the	DET
cjal-9207	905	19	chinese	chinese	PROPN
cjal-9207	905	20	dual	dual	PROPN
cjal-9207	905	21	board	board	NOUN
cjal-9207	905	22	structure	structure	NOUN
cjal-9207	905	23	is	be	AUX
cjal-9207	905	24	very	very	ADV
cjal-9207	905	25	different	different	ADJ
cjal-9207	905	26	from	from	ADP
cjal-9207	905	27	germany	germany	PROPN
cjal-9207	905	28	's	's	PART
cjal-9207	905	29	mechanism	mechanism	NOUN
cjal-9207	905	30	,	,	PUNCT
cjal-9207	905	31	and	and	CCONJ
cjal-9207	905	32	is	be	AUX
cjal-9207	905	33	widely	widely	ADV
cjal-9207	905	34	considered	consider	VERB
cjal-9207	905	35	a	a	DET
cjal-9207	905	36	failure	failure	NOUN
cjal-9207	905	37	.	.	PUNCT
cjal-9207	906	1	china	china	PROPN
cjal-9207	906	2	's	's	PART
cjal-9207	906	3	2006	2006	NUM
cjal-9207	906	4	company	company	NOUN
cjal-9207	906	5	law	law	NOUN
cjal-9207	906	6	indeed	indeed	ADV
cjal-9207	906	7	mandates	mandate	VERB
cjal-9207	906	8	that	that	PRON
cjal-9207	906	9	firm	firm	ADJ
cjal-9207	906	10	employees	employee	NOUN
cjal-9207	906	11	elect	elect	VERB
cjal-9207	906	12	one	one	NUM
cjal-9207	906	13	-third	-third	NOUN
cjal-9207	906	14	of	of	ADP
cjal-9207	906	15	the	the	DET
cjal-9207	906	16	supervisory	supervisory	ADJ
cjal-9207	906	17	board	board	NOUN
cjal-9207	906	18	members	member	NOUN
cjal-9207	906	19	in	in	ADP
cjal-9207	906	20	companies	company	NOUN
cjal-9207	906	21	limited	limit	VERB
cjal-9207	906	22	by	by	ADP
cjal-9207	906	23	shares	share	NOUN
cjal-9207	906	24	and	and	CCONJ
cjal-9207	906	25	the	the	DET
cjal-9207	906	26	general	general	ADJ
cjal-9207	906	27	shareholders	shareholder	NOUN
cjal-9207	906	28	meeting	meeting	NOUN
cjal-9207	906	29	elects	elect	VERB
cjal-9207	906	30	the	the	DET
cjal-9207	906	31	rest	rest	NOUN
cjal-9207	906	32	.	.	PUNCT
cjal-9207	907	1	however	however	ADV
cjal-9207	907	2	,	,	PUNCT
cjal-9207	907	3	there	there	PRON
cjal-9207	907	4	is	be	VERB
cjal-9207	907	5	no	no	DET
cjal-9207	907	6	hierarchical	hierarchical	ADJ
cjal-9207	907	7	relationship	relationship	NOUN
cjal-9207	907	8	between	between	ADP
cjal-9207	907	9	the	the	DET
cjal-9207	907	10	prc	prc	PROPN
cjal-9207	907	11	's	's	PART
cjal-9207	907	12	supervisory	supervisory	ADJ
cjal-9207	907	13	board	board	NOUN
cjal-9207	907	14	and	and	CCONJ
cjal-9207	907	15	the	the	DET
cjal-9207	907	16	board	board	NOUN
cjal-9207	907	17	of	of	ADP
cjal-9207	907	18	directors	director	NOUN
cjal-9207	907	19	.	.	PUNCT
cjal-9207	908	1	the	the	DET
cjal-9207	908	2	supervisory	supervisory	ADJ
cjal-9207	908	3	board	board	NOUN
cjal-9207	908	4	has	have	VERB
cjal-9207	908	5	no	no	DET
cjal-9207	908	6	power	power	NOUN
cjal-9207	908	7	whatsoever	whatsoever	ADV
cjal-9207	908	8	in	in	ADP
cjal-9207	908	9	respect	respect	NOUN
cjal-9207	908	10	of	of	ADP
cjal-9207	908	11	appointing	appoint	VERB
cjal-9207	908	12	the	the	DET
cjal-9207	908	13	board	board	NOUN
cjal-9207	908	14	of	of	ADP
cjal-9207	908	15	directors	director	NOUN
cjal-9207	908	16	,	,	PUNCT
cjal-9207	908	17	which	which	PRON
cjal-9207	908	18	are	be	AUX
cjal-9207	908	19	elected	elect	VERB
cjal-9207	908	20	by	by	ADP
cjal-9207	908	21	the	the	DET
cjal-9207	908	22	general	general	ADJ
cjal-9207	908	23	shareholders	shareholder	NOUN
cjal-9207	908	24	'	'	PART
cjal-9207	908	25	meeting	meeting	NOUN
cjal-9207	908	26	-	-	PUNCT
cjal-9207	908	27	which	which	PRON
cjal-9207	908	28	is	be	AUX
cjal-9207	908	29	,	,	PUNCT
cjal-9207	908	30	of	of	ADP
cjal-9207	908	31	course	course	NOUN
cjal-9207	908	32	,	,	PUNCT
cjal-9207	908	33	dominated	dominate	VERB
cjal-9207	908	34	by	by	ADP
cjal-9207	908	35	the	the	DET
cjal-9207	908	36	controlling	control	VERB
cjal-9207	908	37	shareholder	shareholder	NOUN
cjal-9207	908	38	.	.	PUNCT
cjal-9207	909	1	admittedly	admittedly	ADV
cjal-9207	909	2	several	several	ADJ
cjal-9207	909	3	reforms	reform	NOUN
cjal-9207	909	4	have	have	AUX
cjal-9207	909	5	been	be	AUX
cjal-9207	909	6	instituted	institute	VERB
cjal-9207	909	7	with	with	ADP
cjal-9207	909	8	respect	respect	NOUN
cjal-9207	909	9	to	to	ADP
cjal-9207	909	10	the	the	DET
cjal-9207	909	11	composition	composition	NOUN
cjal-9207	909	12	of	of	ADP
cjal-9207	909	13	the	the	DET
cjal-9207	909	14	board	board	NOUN
cjal-9207	909	15	of	of	ADP
cjal-9207	909	16	directors	director	NOUN
cjal-9207	909	17	of	of	ADP
cjal-9207	909	18	prc	prc	PROPN
cjal-9207	909	19	firms	firm	NOUN
cjal-9207	909	20	including	include	VERB
cjal-9207	909	21	a	a	DET
cjal-9207	909	22	mandated	mandate	VERB
cjal-9207	909	23	"	"	PUNCT
cjal-9207	909	24	independent	independent	ADJ
cjal-9207	909	25	director	director	NOUN
cjal-9207	909	26	"	"	PUNCT
cjal-9207	909	27	syste	syste	PROPN
cjal-9207	909	28	m	m	PROPN
cjal-9207	909	29	and	and	CCONJ
cjal-9207	909	30	recommended	recommend	VERB
cjal-9207	909	31	cumulative	cumulative	ADJ
cjal-9207	909	32	voting	voting	NOUN
cjal-9207	909	33	15	15	NUM
cjal-9207	909	34	°	°	NOUN
cjal-9207	909	35	-but	-but	ADP
cjal-9207	909	36	none	none	NOUN
cjal-9207	909	37	of	of	ADP
cjal-9207	909	38	them	they	PRON
cjal-9207	909	39	affect	affect	VERB
cjal-9207	909	40	the	the	DET
cjal-9207	909	41	sheer	sheer	ADJ
cjal-9207	909	42	irrelevance	irrelevance	NOUN
cjal-9207	909	43	of	of	ADP
cjal-9207	909	44	the	the	DET
cjal-9207	909	45	supervisory	supervisory	ADJ
cjal-9207	909	46	board	board	NOUN
cjal-9207	909	47	and	and	CCONJ
cjal-9207	909	48	its	its	PRON
cjal-9207	909	49	radical	radical	ADJ
cjal-9207	909	50	difference	difference	NOUN
cjal-9207	909	51	from	from	ADP
cjal-9207	909	52	its	its	PRON
cjal-9207	909	53	german	german	ADJ
cjal-9207	909	54	inspiration	inspiration	NOUN
cjal-9207	909	55	.	.	PUNCT
cjal-9207	910	1	the	the	DET
cjal-9207	910	2	only	only	ADJ
cjal-9207	910	3	thing	thing	NOUN
cjal-9207	910	4	which	which	PRON
cjal-9207	910	5	might	might	AUX
cjal-9207	910	6	make	make	VERB
cjal-9207	910	7	the	the	DET
cjal-9207	910	8	supervisory	supervisory	ADJ
cjal-9207	910	9	board	board	NOUN
cjal-9207	910	10	relevant	relevant	ADJ
cjal-9207	910	11	in	in	ADP
cjal-9207	910	12	chinese	chinese	ADJ
cjal-9207	910	13	firm	firm	NOUN
cjal-9207	910	14	governance	governance	NOUN
cjal-9207	910	15	is	be	AUX
cjal-9207	910	16	negative	negative	ADJ
cjal-9207	910	17	veto	veto	NOUN
cjal-9207	910	18	"	"	PUNCT
cjal-9207	910	19	7	7	NUM
cjal-9207	910	20	evidence	evidence	NOUN
cjal-9207	910	21	of	of	ADP
cjal-9207	910	22	this	this	PRON
cjal-9207	910	23	includes	include	VERB
cjal-9207	910	24	premier	premier	PROPN
cjal-9207	910	25	li	li	PROPN
cjal-9207	910	26	keqiang	keqiang	PROPN
cjal-9207	910	27	's	's	PART
cjal-9207	910	28	recent	recent	ADJ
cjal-9207	910	29	announcement	announcement	NOUN
cjal-9207	910	30	concerning	concern	VERB
cjal-9207	910	31	an	an	DET
cjal-9207	910	32	expected	expect	VERB
cjal-9207	910	33	reform	reform	NOUN
cjal-9207	910	34	of	of	ADP
cjal-9207	910	35	the	the	DET
cjal-9207	910	36	financial	financial	ADJ
cjal-9207	910	37	system	system	NOUN
cjal-9207	910	38	that	that	PRON
cjal-9207	910	39	will	will	AUX
cjal-9207	910	40	,	,	PUNCT
cjal-9207	910	41	among	among	ADP
cjal-9207	910	42	others	other	NOUN
cjal-9207	910	43	,	,	PUNCT
cjal-9207	910	44	employ	employ	VERB
cjal-9207	910	45	market	market	NOUN
cjal-9207	910	46	-	-	PUNCT
cjal-9207	910	47	oriented	orient	VERB
cjal-9207	910	48	debt	debt	NOUN
cjal-9207	910	49	-	-	PUNCT
cjal-9207	910	50	to	to	ADP
cjal-9207	910	51	-	-	PUNCT
cjal-9207	910	52	equity	equity	NOUN
cjal-9207	910	53	scheme	scheme	NOUN
cjal-9207	910	54	to	to	PART
cjal-9207	910	55	reduce	reduce	VERB
cjal-9207	910	56	the	the	DET
cjal-9207	910	57	leverage	leverage	NOUN
cjal-9207	910	58	in	in	ADP
cjal-9207	910	59	enterprises	enterprise	NOUN
cjal-9207	910	60	.	.	PUNCT
cjal-9207	911	1	lei	lei	PROPN
cjal-9207	911	2	ying	ying	PROPN
cjal-9207	911	3	,	,	PUNCT
cjal-9207	911	4	li	li	PROPN
cjal-9207	911	5	keqiang	keqiang	PROPN
cjal-9207	911	6	:	:	PUNCT
cjal-9207	911	7	reform	reform	NOUN
cjal-9207	911	8	and	and	CCONJ
cjal-9207	911	9	impr	impr	NOUN
cjal-9207	911	10	ove	ove	VERB
cjal-9207	911	11	the	the	DET
cjal-9207	911	12	financial	financial	ADJ
cjal-9207	911	13	system	system	NOUN
cjal-9207	911	14	,	,	PUNCT
cjal-9207	911	15	china	china	PROPN
cjal-9207	911	16	network	network	PROPN
cjal-9207	911	17	(	(	PUNCT
cjal-9207	911	18	mar	mar	PROPN
cjal-9207	911	19	.	.	PROPN
cjal-9207	911	20	16	16	NUM
cjal-9207	911	21	,	,	PUNCT
cjal-9207	911	22	2016	2016	NUM
cjal-9207	911	23	)	)	PUNCT
cjal-9207	911	24	,	,	PUNCT
cjal-9207	911	25	http	http	ADV
cjal-9207	911	26	:	:	PUNCT
cjal-9207	911	27	//www.c	//www.c	NOUN
cjal-9207	912	1	hina.com.cn/lianghui/news/2016-03/16/content_38038507.htm	hina.com.cn/lianghui/news/2016-03/16/content_38038507.htm	PROPN
cjal-9207	912	2	.	.	PUNCT
cjal-9207	913	1	also	also	ADV
cjal-9207	913	2	,	,	PUNCT
cjal-9207	913	3	see	see	VERB
cjal-9207	913	4	the	the	DET
cjal-9207	913	5	mention	mention	NOUN
cjal-9207	913	6	of	of	ADP
cjal-9207	913	7	pilot	pilot	NOUN
cjal-9207	913	8	projects	project	NOUN
cjal-9207	913	9	in	in	ADP
cjal-9207	913	10	which	which	PRON
cjal-9207	913	11	financial	financial	ADJ
cjal-9207	913	12	institutions	institution	NOUN
cjal-9207	913	13	will	will	AUX
cjal-9207	913	14	hold	hold	VERB
cjal-9207	913	15	equity	equity	NOUN
cjal-9207	913	16	in	in	ADP
cjal-9207	913	17	enterprises	enterprise	NOUN
cjal-9207	913	18	,	,	PUNCT
cjal-9207	913	19	subje	subje	VERB
cjal-9207	913	20	ct	ct	PROPN
cjal-9207	913	21	to	to	ADP
cjal-9207	913	22	the	the	DET
cjal-9207	913	23	manners	manner	NOUN
cjal-9207	913	24	approved	approve	VERB
cjal-9207	913	25	by	by	ADP
cjal-9207	913	26	law	law	NOUN
cjal-9207	913	27	,	,	PUNCT
cjal-9207	913	28	in	in	ADP
cjal-9207	913	29	art	art	NOUN
cjal-9207	913	30	.	.	PUNCT
cjal-9207	914	1	10	10	NUM
cjal-9207	914	2	of	of	ADP
cjal-9207	914	3	the	the	DET
cjal-9207	914	4	ccp	ccp	PROPN
cjal-9207	914	5	central	central	PROPN
cjal-9207	914	6	committee	committee	PROPN
cjal-9207	914	7	and	and	CCONJ
cjal-9207	914	8	state	state	PROPN
cjal-9207	914	9	council	council	NOUN
cjal-9207	914	10	opinions	opinion	NOUN
cjal-9207	914	11	on	on	ADP
cjal-9207	914	12	enhancing	enhance	VERB
cjal-9207	914	13	the	the	DET
cjal-9207	914	14	reforni	reforni	NOUN
cjal-9207	914	15	of	of	ADP
cjal-9207	914	16	financial	financial	ADJ
cjal-9207	914	17	in	in	ADP
cjal-9207	914	18	vestments	vestment	NOUN
cjal-9207	914	19	system	system	NOUN
cjal-9207	914	20	,	,	PUNCT
cjal-9207	914	21	july	july	PROPN
cjal-9207	914	22	5	5	NUM
cjal-9207	914	23	,	,	PUNCT
cjal-9207	914	24	2016	2016	NUM
cjal-9207	914	25	.	.	PUNCT
cjal-9207	915	1	guanyu	guanyu	PROPN
cjal-9207	915	2	shenhua	shenhua	PROPN
cjal-9207	915	3	tourongzi	tourongzi	PROPN
cjal-9207	915	4	tizhi	tizhi	PROPN
cjal-9207	915	5	gaige	gaige	PROPN
cjal-9207	915	6	de	de	PROPN
cjal-9207	915	7	yijian	yijian	PROPN
cjal-9207	915	8	[	[	X
cjal-9207	915	9	)	)	PUNCT
cjal-9207	915	10	c	c	PROPN
cjal-9207	915	11	t	t	PROPN
cjal-9207	915	12	iji'h.t	iji'h.t	PROPN
cjal-9207	915	13	t9	t9	PROPN
cjal-9207	915	14	:	:	PUNCT
cjal-9207	915	15	ii	ii	PROPN
cjal-9207	915	16	!	!	PUNCT
cjal-9207	916	1	l1	l1	PROPN
cjal-9207	916	2	t	t	PROPN
cjal-9207	916	3	$	$	SYM
cjal-9207	916	4	jj	jj	PROPN
cjal-9207	916	5	i	i	PRON
cjal-9207	916	6	&	&	CCONJ
cjal-9207	916	7	.,y	.,y	PROPN
cjal-9207	916	8	,	,	PUNCT
cjal-9207	916	9	:	:	PUNCT
cjal-9207	916	10	(	(	PUNCT
cjal-9207	916	11	j(j	j(j	PROPN
cjal-9207	916	12	;	;	PUNCT
cjal-9207	916	13	f	f	X
cjal-9207	916	14	;	;	PUNCT
cjal-9207	916	15	..	..	PUNCT
cjal-9207	916	16	!	!	PUNCT
cjal-9207	917	1	,	,	PUNCT
cjal-9207	917	2	\	\	PROPN
cjal-9207	917	3	!	!	PUNCT
cjal-9207	917	4	.	.	PUNCT
cjal-9207	918	1	]	]	X
cjal-9207	918	2	,	,	PUNCT
cjal-9207	918	3	http://www.gov.cn/zhengce/2016-07/18/content_509250l.htm	http://www.gov.cn/zhengce/2016-07/18/content_509250l.htm	PROPN
cjal-9207	918	4	.	.	PUNCT
cjal-9207	919	1	i	i	PRON
cjal-9207	919	2	,	,	PUNCT
cjal-9207	919	3	s	s	VERB
cjal-9207	919	4	a	a	DET
cjal-9207	919	5	first	first	ADJ
cjal-9207	919	6	publicly	publicly	ADV
cjal-9207	919	7	announced	announce	VERB
cjal-9207	919	8	case	case	NOUN
cjal-9207	919	9	of	of	ADP
cjal-9207	919	10	a	a	DET
cjal-9207	919	11	debt	debt	NOUN
cjal-9207	919	12	-	-	PUNCT
cjal-9207	919	13	to	to	ADP
cjal-9207	919	14	-	-	PUNCT
cjal-9207	919	15	equity	equity	NOUN
cjal-9207	919	16	swap	swap	NOUN
cjal-9207	919	17	which	which	PRON
cjal-9207	919	18	resulted	result	VERB
cjal-9207	919	19	in	in	ADP
cjal-9207	919	20	direct	direct	ADJ
cjal-9207	919	21	bank	bank	NOUN
cjal-9207	919	22	equity	equity	NOUN
cjal-9207	919	23	holdings	holding	NOUN
cjal-9207	919	24	in	in	ADP
cjal-9207	919	25	an	an	DET
cjal-9207	919	26	industrial	industrial	ADJ
cjal-9207	919	27	company	company	NOUN
cjal-9207	919	28	was	be	AUX
cjal-9207	919	29	approved	approve	VERB
cjal-9207	919	30	in	in	ADP
cjal-9207	919	31	march	march	PROPN
cjal-9207	919	32	,	,	PUNCT
cjal-9207	919	33	2016	2016	NUM
cjal-9207	919	34	,	,	PUNCT
cjal-9207	919	35	whereby	whereby	SCONJ
cjal-9207	919	36	a	a	DET
cjal-9207	919	37	total	total	NOUN
cjal-9207	919	38	of	of	ADP
cjal-9207	919	39	rmb	rmb	PROPN
cjal-9207	919	40	17.1	17.1	NUM
cjal-9207	919	41	billion	billion	NUM
cjal-9207	919	42	(	(	PUNCT
cjal-9207	919	43	usd	usd	NOUN
cjal-9207	919	44	2.6	2.6	NUM
cjal-9207	919	45	bn	bn	NOUN
cjal-9207	919	46	)	)	PUNCT
cjal-9207	919	47	worth	worth	NOUN
cjal-9207	919	48	of	of	ADP
cjal-9207	919	49	debt	debt	NOUN
cjal-9207	919	50	in	in	ADP
cjal-9207	919	51	china	china	PROPN
cjal-9207	919	52	huarong	huarong	PROPN
cjal-9207	919	53	energy	energy	PROPN
cjal-9207	919	54	ltd	ltd	PROPN
cjal-9207	919	55	a	a	DET
cjal-9207	919	56	shipbuilding	shipbuilding	NOUN
cjal-9207	919	57	company	company	NOUN
cjal-9207	919	58	was	be	AUX
cjal-9207	919	59	converted	convert	VERB
cjal-9207	919	60	to	to	ADP
cjal-9207	919	61	shares	share	NOUN
cjal-9207	919	62	and	and	CCONJ
cjal-9207	919	63	distributed	distribute	VERB
cjal-9207	919	64	among	among	ADP
cjal-9207	919	65	various	various	ADJ
cjal-9207	919	66	banks	bank	NOUN
cjal-9207	919	67	and	and	CCONJ
cjal-9207	919	68	financial	financial	ADJ
cjal-9207	919	69	-	-	PUNCT
cjal-9207	919	70	institution	institution	NOUN
cjal-9207	919	71	creditors	creditor	NOUN
cjal-9207	919	72	,	,	PUNCT
cjal-9207	919	73	resulting	result	VERB
cjal-9207	919	74	in	in	ADP
cjal-9207	919	75	the	the	DET
cjal-9207	919	76	issuance	issuance	NOUN
cjal-9207	919	77	of	of	ADP
cjal-9207	919	78	14	14	NUM
cjal-9207	919	79	%	%	NOUN
cjal-9207	919	80	equity	equity	NOUN
cjal-9207	919	81	shares	share	NOUN
cjal-9207	919	82	to	to	ADP
cjal-9207	919	83	the	the	DET
cjal-9207	919	84	bank	bank	PROPN
cjal-9207	919	85	of	of	ADP
cjal-9207	919	86	china	china	PROPN
cjal-9207	919	87	,	,	PUNCT
cjal-9207	919	88	which	which	PRON
cjal-9207	919	89	became	become	VERB
cjal-9207	919	90	the	the	DET
cjal-9207	919	91	dominant	dominant	ADJ
cjal-9207	919	92	shareholder	shareholder	NOUN
cjal-9207	919	93	in	in	ADP
cjal-9207	919	94	the	the	DET
cjal-9207	919	95	compa	compa	NOUN
cjal-9207	919	96	ny	ny	PROPN
cjal-9207	919	97	after	after	ADP
cjal-9207	919	98	the	the	DET
cjal-9207	919	99	issuance	issuance	NOUN
cjal-9207	919	100	.	.	PUNCT
cjal-9207	920	1	see	see	VERB
cjal-9207	920	2	,	,	PUNCT
cjal-9207	920	3	lingling	lingling	PROPN
cjal-9207	920	4	wei	wei	PROPN
cjal-9207	920	5	,	,	PUNCT
cjal-9207	920	6	china	china	PROPN
cjal-9207	920	7	regulators	regulator	NOUN
cjal-9207	920	8	speed	speed	VERB
cjal-9207	920	9	up	up	ADP
cjal-9207	920	10	help	help	NOUN
cjal-9207	920	11	for	for	ADP
cjal-9207	920	12	banks	bank	NOUN
cjal-9207	920	13	on	on	ADP
cjal-9207	920	14	bad	bad	ADJ
cjal-9207	920	15	loans	loan	NOUN
cjal-9207	920	16	,	,	PUNCT
cjal-9207	920	17	wall	wall	PROPN
cjal-9207	920	18	st	st	PROPN
cjal-9207	920	19	.	.	PROPN
cjal-9207	920	20	j.	j.	PROPN
cjal-9207	921	1	(	(	PUNCT
cjal-9207	921	2	march	march	PROPN
cjal-9207	921	3	13	13	NUM
cjal-9207	921	4	,	,	PUNCT
cjal-9207	921	5	2016	2016	NUM
cjal-9207	921	6	)	)	PUNCT
cjal-9207	921	7	,	,	PUNCT
cjal-9207	921	8	https	https	NOUN
cjal-9207	921	9	:	:	PUNCT
cjal-9207	921	10	//www.wsj.com	//www.wsj.com	SYM
cjal-9207	921	11	/	/	SYM
cjal-9207	921	12	articles	article	NOUN
cjal-9207	921	13	/	/	SYM
cjal-9207	921	14	chinese	chinese	ADJ
cjal-9207	921	15	-	-	PUNCT
cjal-9207	921	16	regulators	regulator	NOUN
cjal-9207	921	17	-	-	PUNCT
cjal-9207	921	18	speed	speed	NOUN
cjal-9207	921	19	-	-	PUNCT
cjal-9207	921	20	up	up	ADP
cjal-9207	921	21	-	-	PUNCT
cjal-9207	921	22	bad	bad	ADJ
cjal-9207	921	23	-	-	PUNCT
cjal-9207	921	24	loans-1457871782	loans-1457871782	NOUN
cjal-9207	921	25	;	;	PUNCT
cjal-9207	921	26	angela	angela	PROPN
cjal-9207	921	27	yu	yu	PROPN
cjal-9207	921	28	,	,	PUNCT
cjal-9207	921	29	bank	bank	PROPN
cjal-9207	921	30	of	of	ADP
cjal-9207	921	31	china	china	PROPN
cjal-9207	921	32	to	to	PART
cjal-9207	921	33	become	become	VERB
cjal-9207	921	34	largest	large	ADJ
cjal-9207	921	35	shareholder	shareholder	NOUN
cjal-9207	921	36	in	in	ADP
cjal-9207	921	37	huarong	huarong	PROPN
cjal-9207	921	38	energy	energy	NOUN
cjal-9207	921	39	,	,	PUNCT
cjal-9207	921	40	f	f	PROPN
cjal-9207	921	41	airpla	airpla	VERB
cjal-9207	921	42	y.ihs	y.ihs	PROPN
cjal-9207	921	43	(	(	PUNCT
cjal-9207	921	44	march	march	PROPN
cjal-9207	921	45	10	10	NUM
cjal-9207	921	46	,	,	PUNCT
cjal-9207	921	47	2016	2016	NUM
cjal-9207	921	48	)	)	PUNCT
cjal-9207	921	49	,	,	PUNCT
cjal-9207	921	50	http	http	ADV
cjal-9207	921	51	:	:	PUNCT
cjal-9207	921	52	//fairplay.ihs.com	//fairplay.ihs.com	NUM
cjal-9207	921	53	/	/	SYM
cjal-9207	921	54	commerce	commerce	NOUN
cjal-9207	921	55	/	/	SYM
cjal-9207	921	56	article/4264126	article/4264126	PROPN
cjal-9207	921	57	/	/	SYM
cjal-9207	921	58	bank	bank	NOUN
cjal-9207	921	59	-	-	PUNCT
cjal-9207	921	60	of	of	ADP
cjal-9207	921	61	-	-	PUNCT
cjal-9207	921	62	china	china	NOUN
cjal-9207	921	63	-	-	PUNCT
cjal-9207	921	64	tobecome	tobecome	NOUN
cjal-9207	921	65	-	-	PUNCT
cjal-9207	921	66	largest	large	ADJ
cjal-9207	921	67	-	-	PUNCT
cjal-9207	921	68	shareholder	shareholder	NOUN
cjal-9207	921	69	-	-	PUNCT
cjal-9207	921	70	in	in	ADP
cjal-9207	921	71	-	-	PUNCT
cjal-9207	921	72	huarong	huarong	NOUN
cjal-9207	921	73	-	-	PUNCT
cjal-9207	921	74	energy	energy	NOUN
cjal-9207	921	75	.	.	PUNCT
cjal-9207	922	1	note	note	NOUN
cjal-9207	922	2	,	,	PUNCT
cjal-9207	922	3	however	however	ADV
cjal-9207	922	4	,	,	PUNCT
cjal-9207	922	5	to	to	ADP
cjal-9207	922	6	the	the	DET
cjal-9207	922	7	best	good	ADJ
cjal-9207	922	8	of	of	ADP
cjal-9207	922	9	the	the	DET
cjal-9207	922	10	author	author	NOUN
cjal-9207	922	11	's	's	PART
cjal-9207	922	12	knowledge	knowledge	NOUN
cjal-9207	922	13	,	,	PUNCT
cjal-9207	922	14	article	article	NOUN
cjal-9207	922	15	43	43	NUM
cjal-9207	922	16	of	of	ADP
cjal-9207	922	17	the	the	DET
cjal-9207	922	18	law	law	NOUN
cjal-9207	922	19	on	on	ADP
cjal-9207	922	20	commercial	commercial	ADJ
cjal-9207	922	21	banks	bank	NOUN
cjal-9207	922	22	was	be	AUX
cjal-9207	922	23	not	not	PART
cjal-9207	922	24	yet	yet	ADV
cjal-9207	922	25	amended	amend	VERB
cjal-9207	922	26	,	,	PUNCT
cjal-9207	922	27	and	and	CCONJ
cjal-9207	922	28	neither	neither	DET
cjal-9207	922	29	other	other	ADJ
cjal-9207	922	30	regulations	regulation	NOUN
cjal-9207	922	31	were	be	AUX
cjal-9207	922	32	issued	issue	VERB
cjal-9207	922	33	to	to	PART
cjal-9207	922	34	formally	formally	ADV
cjal-9207	922	35	enable	enable	VERB
cjal-9207	922	36	direct	direct	ADJ
cjal-9207	922	37	equity	equity	NOUN
cjal-9207	922	38	holding	holding	NOUN
cjal-9207	922	39	by	by	ADP
cjal-9207	922	40	commercial	commercial	ADJ
cjal-9207	922	41	banks	bank	NOUN
cjal-9207	922	42	.	.	PUNCT
cjal-9207	923	1	149	149	NUM
cjal-9207	923	2	see	see	VERB
cjal-9207	923	3	2006	2006	NUM
cjal-9207	923	4	company	company	NOUN
cjal-9207	923	5	law	law	NOUN
cjal-9207	923	6	,	,	PUNCT
cjal-9207	923	7	supra	supra	PROPN
cjal-9207	923	8	note	note	PROPN
cjal-9207	923	9	18	18	NUM
cjal-9207	923	10	,	,	PUNCT
cjal-9207	923	11	arts	art	NOUN
cjal-9207	923	12	.	.	PUNCT
cjal-9207	924	1	37(2	37(2	PRON
cjal-9207	924	2	)	)	PUNCT
cjal-9207	924	3	,	,	PUNCT
cjal-9207	924	4	117	117	NUM
cjal-9207	924	5	.	.	PUNCT
cjal-9207	925	1	article	article	NOUN
cjal-9207	925	2	108	108	NUM
cjal-9207	925	3	enables	enable	VERB
cjal-9207	925	4	the	the	DET
cjal-9207	925	5	board	board	NOUN
cjal-9207	925	6	of	of	ADP
cjal-9207	925	7	directors	director	NOUN
cjal-9207	925	8	in	in	ADP
cjal-9207	925	9	clss	clss	NOUN
cjal-9207	925	10	to	to	PART
cjal-9207	925	11	include	include	VERB
cjal-9207	925	12	employees	employee	NOUN
cjal-9207	925	13	-elected	-electe	VERB
cjal-9207	925	14	representatives	representative	NOUN
cjal-9207	925	15	as	as	ADV
cjal-9207	925	16	well	well	ADV
cjal-9207	925	17	.	.	PUNCT
cjal-9207	926	1	i	i	PRON
cjal-9207	926	2	d.	d.	PROPN
cjal-9207	926	3	,	,	PUNCT
cjal-9207	926	4	art	art	NOUN
cjal-9207	926	5	.	.	PUNCT
cjal-9207	927	1	108	108	NUM
cjal-9207	927	2	.	.	PUNCT
cjal-9207	927	3	'	'	PUNCT
cjal-9207	927	4	"	"	PUNCT
cjal-9207	927	5	°	°	NUM
cjal-9207	927	6	notice	notice	NOUN
cjal-9207	927	7	on	on	ADP
cjal-9207	927	8	issuing	issue	VERB
cjal-9207	927	9	the	the	DET
cjal-9207	927	10	guidelines	guideline	NOUN
cjal-9207	927	11	for	for	ADP
cjal-9207	927	12	introducing	introduce	VERB
cjal-9207	927	13	independent	independent	ADJ
cjal-9207	927	14	directors	director	NOUN
cjal-9207	927	15	to	to	ADP
cjal-9207	927	16	the	the	DET
cjal-9207	927	17	board	board	NOUN
cjal-9207	927	18	of	of	ADP
cjal-9207	927	19	directors	director	NOUN
cjal-9207	927	20	of	of	ADP
cjal-9207	927	21	listed	list	VERB
cjal-9207	927	22	companie_s	companie_s	NOUN
cjal-9207	927	23	(	(	PUNCT
cjal-9207	927	24	promulgated	promulgate	VERB
cjal-9207	927	25	by	by	ADP
cjal-9207	927	26	sec	sec	PROPN
cjal-9207	927	27	.	.	PUNCT
cjal-9207	928	1	regulatory	regulatory	ADJ
cjal-9207	928	2	comm'n	comm'n	NUM
cjal-9207	928	3	aug	aug	PROPN
cjal-9207	928	4	.	.	PROPN
cjal-9207	928	5	16	16	NUM
cjal-9207	928	6	,	,	PUNCT
cjal-9207	928	7	2001	2001	NUM
cjal-9207	928	8	)	)	PUNCT
cjal-9207	928	9	,	,	PUNCT
cjal-9207	928	10	http	http	PROPN
cjal-9207	928	11	:	:	PUNCT
cjal-9207	928	12	//ww	//ww	PUNCT
cjal-9207	929	1	w.csrc.gov	w.csrc.gov	NUM
cjal-9207	929	2	.cn	.cn	SYM
cjal-9207	929	3	/	/	SYM
cjal-9207	929	4	pub	pub	NOUN
cjal-9207	929	5	/	/	SYM
cjal-9207	929	6	csrcen	csrcen	NOUN
cjal-9207	929	7	/	/	SYM
cjal-9207	929	8	newsfacts	newsfact	NOUN
cjal-9207	929	9	/	/	SYM
cjal-9207	929	10	release/200708	release/200708	NOUN
cjal-9207	929	11	/	/	SYM
cjal-9207	929	12	t20070810_69191.html	t20070810_69191.html	PROPN
cjal-9207	929	13	40	40	NUM
cjal-9207	930	1	columbia	columbia	PROPN
cjal-9207	930	2	jol	jol	PROPN
cjal-9207	930	3	:	:	PUNCT
cjal-9207	930	4	rxal	rxal	X
cjal-9207	930	5	ofasu.\	ofasu.\	NUM
cjal-9207	930	6	l	l	NOUN
cjal-9207	930	7	.tw	.tw	PUNCT
cjal-9207	930	8	(	(	PUNCT
cjal-9207	930	9	yol	yol	X
cjal-9207	930	10	.	.	PUNCT
cjal-9207	931	1	30:1	30:1	NUM
cjal-9207	931	2	rights	right	NOUN
cjal-9207	931	3	for	for	ADP
cjal-9207	931	4	the	the	DET
cjal-9207	931	5	supervisory	supervisory	ADJ
cjal-9207	931	6	board	board	NOUN
cjal-9207	931	7	,	,	PUNCT
cjal-9207	931	8	requiring	require	VERB
cjal-9207	931	9	supervisory	supervisory	ADJ
cjal-9207	931	10	board	board	NOUN
cjal-9207	931	11	approv	approv	PROPN
cjal-9207	931	12	~	~	SYM
cjal-9207	931	13	l	l	NOUN
cjal-9207	931	14	for	for	ADP
cjal-9207	931	15	certain	certain	ADJ
cjal-9207	931	16	board	board	NOUN
cjal-9207	931	17	decisions	decision	NOUN
cjal-9207	931	18	,	,	PUNCT
cjal-9207	931	19	etc	etc	X
cjal-9207	931	20	.	.	X
cjal-9207	931	21	such	such	ADJ
cjal-9207	931	22	voting	vote	VERB
cjal-9207	931	23	empowerment	empowerment	NOUN
cjal-9207	931	24	of	of	ADP
cjal-9207	931	25	the	the	DET
cjal-9207	931	26	:	:	PUNCT
cjal-9207	931	27	:	:	PUNCT
cjal-9207	931	28	-uperv11	-uperv11	NOUN
cjal-9207	931	29	-	-	PUNCT
cjal-9207	931	30	ory	ory	NOUN
cjal-9207	931	31	board	board	NOUN
cjal-9207	931	32	in	in	ADP
cjal-9207	931	33	chinese	chinese	ADJ
cjal-9207	931	34	law	law	NOUN
cjal-9207	931	35	and	and	CCONJ
cjal-9207	931	36	regulation	regulation	NOUN
cjal-9207	931	37	is	be	AUX
cjal-9207	931	38	entirely	entirely	ADV
cjal-9207	931	39	absent.1	absent.1	PROPN
cjal-9207	931	40	61	61	NUM
cjal-9207	931	41	thus	thus	ADV
cjal-9207	931	42	,	,	PUNCT
cjal-9207	931	43	in	in	ADP
cjal-9207	931	44	,	,	PUNCT
cjal-9207	931	45	tead	tead	NOUN
cjal-9207	931	46	of	of	ADP
cjal-9207	931	47	constraining	constrain	VERB
cjal-9207	931	48	the	the	DET
cjal-9207	931	49	control	control	NOUN
cjal-9207	931	50	party	party	NOUN
cjal-9207	931	51	's	's	PART
cjal-9207	931	52	power	power	NOUN
cjal-9207	931	53	.	.	PUNCT
cjal-9207	932	1	or	or	CCONJ
cjal-9207	932	2	providing	provide	VERB
cjal-9207	932	3	any	any	DET
cjal-9207	932	4	kind	kind	NOUN
cjal-9207	932	5	of	of	ADP
cjal-9207	932	6	monitoring	monitor	VERB
cjal-9207	932	7	mechanism	mechanism	NOUN
cjal-9207	932	8	to	to	PART
cjal-9207	932	9	benefit	benefit	VERB
cjal-9207	932	10	employees	employee	NOUN
cjal-9207	932	11	or	or	CCONJ
cjal-9207	932	12	minority	minority	NOUN
cjal-9207	932	13	1	1	NUM
cjal-9207	932	14	-	-	PUNCT
cjal-9207	932	15	hareholders	hareholder	NOUN
cjal-9207	932	16	,	,	PUNCT
cjal-9207	932	17	the	the	DET
cjal-9207	932	18	chinese	chinese	PROPN
cjal-9207	932	19	dual	dual	PROPN
cjal-9207	932	20	board	board	PROPN
cjal-9207	932	21	structure	structure	NOUN
cjal-9207	932	22	further	far	ADV
cjal-9207	932	23	entrenche	entrenche	X
cjal-9207	932	24	·	·	PUNCT
cjal-9207	932	25	control	control	NOUN
cjal-9207	932	26	party	party	NOUN
cjal-9207	932	27	domination	domination	NOUN
cjal-9207	932	28	of	of	ADP
cjal-9207	932	29	the	the	DET
cjal-9207	932	30	firm	firm	NOUN
cjal-9207	932	31	.	.	PUNCT
cjal-9207	933	1	152	152	NUM
cjal-9207	933	2	one	one	PRON
cjal-9207	933	3	might	might	AUX
cjal-9207	933	4	view	view	VERB
cjal-9207	933	5	the	the	DET
cjal-9207	933	6	potential	potential	NOUN
cjal-9207	933	7	increa:,c	increa:,c	PUNCT
cjal-9207	933	8	in	in	ADP
cjal-9207	933	9	prc	prc	PROPN
cjal-9207	933	10	commercial	commercial	ADJ
cjal-9207	933	11	banks	bank	NOUN
cjal-9207	933	12	'	'	PART
cjal-9207	933	13	equity	equity	NOUN
cjal-9207	933	14	holdings	holding	NOUN
cjal-9207	933	15	in	in	ADP
cjal-9207	933	16	prc	prc	PROPN
cjal-9207	933	17	firms	firm	NOUN
cjal-9207	933	18	(	(	PUNCT
cjal-9207	933	19	the	the	DET
cjal-9207	933	20	plnn	plnn	NOUN
cjal-9207	933	21	to	to	AUX
cjal-9207	933	22	~wap	~wap	PRON
cjal-9207	933	23	non	non	ADJ
cjal-9207	933	24	-	-	ADJ
cjal-9207	933	25	performing	performing	ADJ
cjal-9207	933	26	loans	loan	NOUN
cjal-9207	933	27	for	for	ADP
cjal-9207	933	28	equity	equity	NOUN
cjal-9207	933	29	in	in	ADP
cjal-9207	933	30	borrowers	borrower	NOUN
cjal-9207	933	31	mentioned	mention	VERB
cjal-9207	933	32	above	above	ADP
cjal-9207	933	33	)	)	PUNCT
cjal-9207	933	34	,	,	PUNCT
cjal-9207	933	35	a	a	PRON
cjal-9207	933	36	,	,	PUNCT
cjal-9207	933	37	an	an	DET
cjal-9207	933	38	attempt	attempt	NOUN
cjal-9207	933	39	to	to	PART
cjal-9207	933	40	increase	increase	VERB
cjal-9207	933	41	the	the	DET
cjal-9207	933	42	monitoring	monitoring	NOUN
cjal-9207	933	43	capacity	capacity	NOUN
cjal-9207	933	44	of	of	ADP
cjal-9207	933	45	shareholdmg	shareholdmg	NOUN
cjal-9207	933	46	-	-	PUNCT
cjal-9207	933	47	creditors	creditor	NOUN
cjal-9207	933	48	.	.	PUNCT
cjal-9207	934	1	and	and	CCONJ
cjal-9207	934	2	yet	yet	ADV
cjal-9207	934	3	,	,	PUNCT
cjal-9207	934	4	such	such	ADJ
cjal-9207	934	5	financial	financial	ADJ
cjal-9207	934	6	institutions	institution	NOUN
cjal-9207	934	7	are	be	AUX
cjal-9207	934	8	still	still	ADV
cjal-9207	934	9	ini	ini	PROPN
cjal-9207	934	10	-	-	PUNCT
cjal-9207	934	11	trument,-	trument,-	NOUN
cjal-9207	934	12	;	;	PUNCT
cjal-9207	934	13	of	of	ADP
cjal-9207	934	14	the	the	DET
cjal-9207	934	15	prc	prc	PROPN
cjal-9207	934	16	party	party	NOUN
cjal-9207	934	17	-	-	PUNCT
cjal-9207	934	18	state	state	NOUN
cjal-9207	934	19	and	and	CCONJ
cjal-9207	934	20	continue	continue	VERB
cjal-9207	934	21	to	to	PART
cjal-9207	934	22	have	have	VERB
cjal-9207	934	23	interests	interest	NOUN
cjal-9207	934	24	rather	rather	ADV
cjal-9207	934	25	different	different	ADJ
cjal-9207	934	26	from	from	ADP
cjal-9207	934	27	the	the	DET
cjal-9207	934	28	minority	minority	NOUN
cjal-9207	934	29	shareholders	shareholder	NOUN
cjal-9207	934	30	(	(	PUNCT
cjal-9207	934	31	demonstrated	demonstrate	VERB
cjal-9207	934	32	by	by	ADP
cjal-9207	934	33	the	the	DET
cjal-9207	934	34	bank	bank	NOUN
cjal-9207	934	35	·	·	PUNCT
cjal-9207	934	36	,	,	PUNCT
cjal-9207	934	37	qua	qua	NOUN
cjal-9207	934	38	creditor,-	creditor,-	ADJ
cjal-9207	934	39	,	,	PUNCT
cjal-9207	934	40	restraint	restraint	NOUN
cjal-9207	934	41	from	from	ADP
cjal-9207	934	42	pushing	push	VERB
cjal-9207	934	43	defaulted	default	VERB
cjal-9207	934	44	soe	soe	ADJ
cjal-9207	934	45	-	-	PUNCT
cjal-9207	934	46	borrowen	borrowen	NOUN
cjal-9207	934	47	,	,	PUNCT
cjal-9207	934	48	mto	mto	PROPN
cjal-9207	934	49	bankruptcy	bankruptcy	NOUN
cjal-9207	934	50	)	)	PUNCT
cjal-9207	934	51	.	.	PUNCT
cjal-9207	935	1	finally	finally	ADV
cjal-9207	935	2	,	,	PUNCT
cjal-9207	935	3	one	one	PRON
cjal-9207	935	4	might	might	AUX
cjal-9207	935	5	be	be	AUX
cjal-9207	935	6	tempted	tempt	VERB
cjal-9207	935	7	to	to	PART
cjal-9207	935	8	see	see	VERB
cjal-9207	935	9	in	in	ADP
cjal-9207	935	10	the	the	DET
cjal-9207	935	11	prc	prc	PROPN
cjal-9207	935	12	(	(	PUNCT
cjal-9207	935	13	as	as	ADP
cjal-9207	935	14	a	a	DET
cjal-9207	935	15	"	"	PUNCT
cjal-9207	935	16	worker::-	worker::-	PROPN
cjal-9207	935	17	'	'	PART
cjal-9207	935	18	i	i	PROPN
cjal-9207	935	19	-	-	PUNCT
cjal-9207	935	20	tate	tate	NOUN
cjal-9207	935	21	"	"	PUNCT
cjal-9207	935	22	)	)	PUNCT
cjal-9207	935	23	empowerment	empowerment	NOUN
cjal-9207	935	24	of	of	ADP
cjal-9207	935	25	labor	labor	NOUN
cjal-9207	935	26	as	as	ADP
cjal-9207	935	27	a	a	DET
cjal-9207	935	28	nonshareholder	nonshareholder	NOUN
cjal-9207	935	29	constituency	constituency	NOUN
cjal-9207	935	30	,	,	PUNCT
cjal-9207	935	31	even	even	ADV
cjal-9207	935	32	<	<	X
cjal-9207	935	33	:	:	PUNCT
cjal-9207	935	34	:	:	PUNCT
cjal-9207	935	35	:	:	PUNCT
cjal-9207	935	36	eparate	eparate	NOUN
cjal-9207	935	37	from	from	ADP
cjal-9207	935	38	the	the	DET
cjal-9207	935	39	co	co	NOUN
cjal-9207	935	40	-	-	ADJ
cjal-9207	935	41	determination	determination	ADJ
cjal-9207	935	42	role	role	NOUN
cjal-9207	935	43	electing	elect	VERB
cjal-9207	935	44	one	one	NUM
cjal-9207	935	45	-	-	PUNCT
cjal-9207	935	46	third	third	NOUN
cjal-9207	935	47	of	of	ADP
cjal-9207	935	48	the	the	DET
cjal-9207	935	49	firm	firm	NOUN
cjal-9207	935	50	's	's	PART
cjal-9207	935	51	supervi,;ory	supervi,;ory	PROPN
cjal-9207	935	52	board	board	NOUN
cjal-9207	935	53	.	.	PUNCT
cjal-9207	936	1	here	here	ADV
cjal-9207	936	2	,	,	PUNCT
cjal-9207	936	3	i	i	PRON
cjal-9207	936	4	refer	refer	VERB
cjal-9207	936	5	to	to	ADP
cjal-9207	936	6	the	the	DET
cjal-9207	936	7	labor	labor	NOUN
cjal-9207	936	8	unions	union	NOUN
cjal-9207	936	9	which	which	PRON
cjal-9207	936	10	are	be	AUX
cjal-9207	936	11	given	give	VERB
cjal-9207	936	12	a	a	DET
cjal-9207	936	13	formal	formal	ADJ
cjal-9207	936	14	participatory	participatory	ADJ
cjal-9207	936	15	role	role	NOUN
cjal-9207	936	16	in	in	ADP
cjal-9207	936	17	every	every	DET
cjal-9207	936	18	prc	prc	PROPN
cjal-9207	936	19	firm	firm	NOUN
cjal-9207	936	20	notwithstanding	notwithstanding	ADP
cjal-9207	936	21	the	the	DET
cjal-9207	936	22	lack	lack	NOUN
cjal-9207	936	23	of	of	ADP
cjal-9207	936	24	any	any	DET
cjal-9207	936	25	share	share	NOUN
cjal-9207	936	26	-	-	PUNCT
cjal-9207	936	27	ownership	ownership	NOUN
cjal-9207	936	28	.	.	PUNCT
cjal-9207	937	1	153	153	NUM
cjal-9207	937	2	however	however	ADV
cjal-9207	937	3	,	,	PUNCT
cjal-9207	937	4	labor	labor	NOUN
cjal-9207	937	5	unions	union	NOUN
cjal-9207	937	6	in	in	ADP
cjal-9207	937	7	china	china	PROPN
cjal-9207	937	8	are	be	AUX
cjal-9207	937	9	entirely	entirely	ADV
cjal-9207	937	10	subo	subo	VERB
cjal-9207	937	11	rdinated	rdinate	VERB
cjal-9207	937	12	to	to	ADP
cjal-9207	937	13	the	the	DET
cjal-9207	937	14	chinese	chinese	ADJ
cjal-9207	937	15	communist	communist	PROPN
cjal-9207	937	16	party	party	PROPN
cjal-9207	937	17	,	,	PUNCT
cjal-9207	937	18	and	and	CCONJ
cjal-9207	937	19	thus	thus	ADV
cjal-9207	937	20	promote	promote	VERB
cjal-9207	937	21	the	the	DET
cjal-9207	937	22	interests	interest	NOUN
cjal-9207	937	23	of	of	ADP
cjal-9207	937	24	the	the	DET
cjal-9207	937	25	prc	prc	PROPN
cjal-9207	937	26	party	party	NOUN
cjal-9207	937	27	-	-	PUNCT
cjal-9207	937	28	state	state	NOUN
cjal-9207	937	29	along	along	ADP
cjal-9207	937	30	with	with	ADP
cjal-9207	937	31	the	the	DET
cjal-9207	937	32	board	board	NOUN
cjal-9207	937	33	of	of	ADP
cjal-9207	937	34	director:-	director:-	PROPN
cjal-9207	937	35	.	.	PROPN
cjal-9207	937	36	,	,	PUNCT
cjal-9207	937	37	the	the	DET
cjal-9207	937	38	party	party	PROPN
cjal-9207	937	39	committee	committee	NOUN
cjal-9207	937	40	behind	behind	ADP
cjal-9207	937	41	the	the	DET
cjal-9207	937	42	board	board	NOUN
cjal-9207	937	43	of	of	ADP
cjal-9207	937	44	directors	director	NOUN
cjal-9207	937	45	,	,	PUNCT
cjal-9207	937	46	the	the	DET
cjal-9207	937	47	supervisory	supervisory	ADJ
cjal-9207	937	48	board	board	NOUN
cjal-9207	937	49	,	,	PUNCT
cjal-9207	937	50	senior	senior	ADJ
cjal-9207	937	51	management	management	NOUN
cjal-9207	937	52	,	,	PUNCT
cjal-9207	937	53	the	the	DET
cjal-9207	937	54	controlling	control	VERB
cjal-9207	937	55	shareholder	shareholder	NOUN
cjal-9207	937	56	,	,	PUNCT
cjal-9207	937	57	and	and	CCONJ
cjal-9207	937	58	the	the	DET
cjal-9207	937	59	firm	firm	NOUN
cjal-9207	937	60	(	(	PUNCT
cjal-9207	937	61	as	as	SCONJ
cjal-9207	937	62	dominated	dominate	VERB
cjal-9207	937	63	by	by	ADP
cjal-9207	937	64	all	all	PRON
cjal-9207	937	65	of	of	ADP
cjal-9207	937	66	the	the	DET
cjal-9207	937	67	foregoing	foregoing	NOUN
cjal-9207	937	68	)	)	PUNCT
cjal-9207	937	69	.	.	PUNCT
cjal-9207	938	1	164	164	NUM
cjal-9207	938	2	indeed	indeed	ADV
cjal-9207	938	3	,	,	PUNCT
cjal-9207	938	4	labor	labor	PROPN
cjal-9207	938	5	union	union	PROPN
cjal-9207	938	6	repre	repre	VERB
cjal-9207	938	7	.	.	PUNCT
cjal-9207	939	1	entativer	entativer	VERB
cjal-9207	939	2	at	at	ADP
cjal-9207	939	3	pr	pr	NOUN
cjal-9207	939	4	c	c	PROPN
cjal-9207	939	5	firms	firm	NOUN
cjal-9207	939	6	are	be	AUX
cjal-9207	939	7	act	act	AUX
cjal-9207	939	8	ually	ually	ADV
cjal-9207	939	9	hired	hire	VERB
cjal-9207	939	10	by	by	ADP
cjal-9207	939	11	firm	firm	ADJ
cjal-9207	939	12	management	management	NOUN
cjal-9207	939	13	and	and	CCONJ
cjal-9207	939	14	paid	pay	VERB
cjal-9207	939	15	by	by	ADP
cjal-9207	939	16	the	the	DET
cjal-9207	939	17	firm	firm	NOUN
cjal-9207	939	18	,	,	PUNCT
cjal-9207	939	19	meaning	mean	VERB
cjal-9207	939	20	such	such	ADJ
cjal-9207	939	21	representatives	representative	NOUN
cjal-9207	939	22	invariably	invariably	ADV
cjal-9207	939	23	have	have	VERB
cjal-9207	939	24	a	a	DET
cjal-9207	939	25	close	close	ADJ
cjal-9207	939	26	relationship	relationship	NOUN
cjal-9207	939	27	with	with	ADP
cjal-9207	939	28	incumb	incumb	ADJ
cjal-9207	939	29	ent	ent	NOUN
cjal-9207	939	30	management	management	NOUN
cjal-9207	939	31	,	,	PUNCT
cjal-9207	939	32	and	and	CCONJ
cjal-9207	939	33	are	be	AUX
cjal-9207	939	34	exceedingly	exceedingly	ADV
cjal-9207	939	35	unlikely	unlikely	ADJ
cjal-9207	939	36	to	to	PART
cjal-9207	939	37	advocate	advocate	VERB
cjal-9207	939	38	a	a	DET
cjal-9207	939	39	corporate	corporate	ADJ
cjal-9207	939	40	governance	governance	NOUN
cjal-9207	939	41	agenda	agenda	NOUN
cjal-9207	939	42	or	or	CCONJ
cjal-9207	939	43	specific	specific	ADJ
cjal-9207	939	44	decisions	decision	NOUN
cjal-9207	939	45	that	that	PRON
cjal-9207	939	46	are	be	AUX
cjal-9207	939	47	supportive	supportive	ADJ
cjal-9207	939	48	of	of	ADP
cjal-9207	939	49	151	151	NUM
cjal-9207	939	50	the	the	DET
cjal-9207	939	51	supervisory	supervisory	ADJ
cjal-9207	939	52	boa	boa	NOUN
cjal-9207	939	53	~	~	PROPN
cjal-9207	939	54	d	d	PROPN
cjal-9207	939	55	is	be	AUX
cjal-9207	939	56	authorized	authorize	VERB
cjal-9207	939	57	to	to	PART
cjal-9207	939	58	examine	examine	VERB
cjal-9207	939	59	the	the	DET
cjal-9207	939	60	financial	financial	ADJ
cjal-9207	939	61	affairs	affair	NOUN
cjal-9207	939	62	of	of	ADP
cjal-9207	939	63	the	the	DET
cjal-9207	939	64	company	company	NOUN
cjal-9207	939	65	;	;	PUNCT
cjal-9207	939	66	to	to	PART
cjal-9207	939	67	prop	prop	VERB
cjal-9207	939	68	~	~	PROPN
cjal-9207	939	69	se	se	ADV
cjal-9207	939	70	the	the	DET
cjal-9207	939	71	removal	removal	NOUN
cjal-9207	939	72	of	of	ADP
cjal-9207	939	73	dll"ectors	dll"ector	NOUN
cjal-9207	939	74	and	and	CCONJ
cjal-9207	939	75	senior	senior	ADJ
cjal-9207	939	76	managers	manager	NOUN
cjal-9207	939	77	who	who	PRON
cjal-9207	939	78	violated	violate	VERB
cjal-9207	939	79	their	their	PRON
cjal-9207	939	80	dut	dut	PROPN
cjal-9207	939	81	1e	1e	NOUN
cjal-9207	939	82	,	,	PUNCT
cjal-9207	939	83	.	.	PUNCT
cjal-9207	940	1	,	,	PUNCT
cjal-9207	940	2	jaw~	jaw~	PROPN
cjal-9207	940	3	,	,	PUNCT
cjal-9207	940	4	re	re	VERB
cjal-9207	940	5	~	~	NOUN
cjal-9207	940	6	jat'.ons	jat'.on	NOUN
cjal-9207	940	7	,	,	PUNCT
cjal-9207	940	8	com	com	X
cjal-9207	940	9	~	~	PUNCT
cjal-9207	940	10	any	any	DET
cjal-9207	940	11	b	b	NOUN
cjal-9207	940	12	~	~	NOUN
cjal-9207	940	13	laws	law	NOUN
cjal-9207	940	14	,	,	PUNCT
cjal-9207	940	15	or	or	CCONJ
cjal-9207	940	16	shareholders	shareholder	NOUN
cjal-9207	940	17	'	'	PART
cjal-9207	940	18	resolutions	resolution	NOUN
cjal-9207	940	19	,	,	PUNCT
cjal-9207	940	20	and	and	CCONJ
cjal-9207	940	21	in	in	ADP
cjal-9207	940	22	some	some	DET
cjal-9207	940	23	case	case	NOUN
cjal-9207	940	24	:	:	PUNCT
cjal-9207	940	25	,	,	PUNCT
cjal-9207	940	26	mttlate	mttlate	VERB
cjal-9207	940	27	a	a	DET
cjal-9207	940	28	denvative	denvative	ADJ
cjal-9207	940	29	lawsuit	lawsuit	NOUN
cjal-9207	940	30	followmg	followmg	NOUN
cjal-9207	940	31	such	such	ADJ
cjal-9207	940	32	violation	violation	NOUN
cjal-9207	940	33	·	·	PUNCT
cjal-9207	940	34	to	to	PART
cjal-9207	940	35	demand	demand	VERB
cjal-9207	940	36	the	the	DET
cjal-9207	940	37	·	·	SYM
cjal-9207	940	38	0	0	NUM
cjal-9207	940	39	1	1	NUM
cjal-9207	940	40	t	t	NOUN
cjal-9207	940	41	t	t	PROPN
cjal-9207	940	42	tif	tif	PROPN
cjal-9207	940	43	h	h	PROPN
cjal-9207	940	44	·	·	PUNCT
cjal-9207	940	45	t	t	PROPN
cjal-9207	940	46	·	·	PUNCT
cjal-9207	940	47	..	..	PUNCT
cjal-9207	941	1	•	•	NUM
cjal-9207	941	2	v1	v1	VERB
cjal-9207	941	3	a	a	DET
cjal-9207	941	4	ors	or	NOUN
cjal-9207	941	5	o	o	PROPN
cjal-9207	941	6	rec	rec	PROPN
cjal-9207	941	7	y	y	PROPN
cjal-9207	941	8	t	t	PROPN
cjal-9207	941	9	e1r	e1r	PROPN
cjal-9207	941	10	ac	ac	PROPN
cjal-9207	941	11	ion~	ion~	NOUN
cjal-9207	941	12	,	,	PUNCT
cjal-9207	941	13	to	to	PART
cjal-9207	941	14	propose	propose	VERB
cjal-9207	941	15	a	a	DET
cjal-9207	941	16	shareholder	shareholder	NOUN
cjal-9207	941	17	meeting	meeting	NOUN
cjal-9207	941	18	or	or	CCONJ
cjal-9207	941	19	to	to	PART
cjal-9207	941	20	assemble	assemble	VERB
cjal-9207	941	21	one	one	NUM
cjal-9207	941	22	where	where	SCONJ
cjal-9207	941	23	the	the	DET
cjal-9207	941	24	board	board	NOUN
cjal-9207	941	25	of	of	ADP
cjal-9207	941	26	directors	director	NOUN
cjal-9207	941	27	fail	fail	VERB
cjal-9207	941	28	to	to	PART
cjal-9207	941	29	do	do	VERB
cjal-9207	941	30	so	so	ADV
cjal-9207	941	31	;	;	PUNCT
cjal-9207	941	32	and	and	CCONJ
cjal-9207	941	33	to	to	PART
cjal-9207	941	34	put	put	VERB
cjal-9207	941	35	forward	forward	ADP
cjal-9207	941	36	prop?sals	prop?sal	NOUN
cjal-9207	941	37	at	at	ADP
cjal-9207	941	38	a	a	DET
cjal-9207	941	39	shareholders	shareholder	NOUN
cjal-9207	941	40	meeting	meeting	NOUN
cjal-9207	941	41	.	.	PUNCT
cjal-9207	942	1	the	the	DET
cjal-9207	942	2	supervisory	supervisory	ADJ
cjal-9207	942	3	board	board	NOUN
cjal-9207	942	4	members	member	NOUN
cjal-9207	942	5	may	may	AUX
cjal-9207	942	6	also	also	ADV
cjal-9207	942	7	observe	observe	VERB
cjal-9207	942	8	the	the	DET
cjal-9207	942	9	meetmgs	meetmgs	NOUN
cjal-9207	942	10	of	of	ADP
cjal-9207	942	11	the	the	DET
cjal-9207	942	12	board	board	NOUN
cjal-9207	942	13	of	of	ADP
cjal-9207	942	14	directors	director	NOUN
cjal-9207	942	15	as	as	ADP
cjal-9207	942	16	non	non	NOUN
cjal-9207	942	17	-	-	NOUN
cjal-9207	942	18	voters	voter	NOUN
cjal-9207	942	19	.	.	PUNCT
cjal-9207	943	1	2006	2006	NUM
cjal-9207	943	2	company	company	NOUN
cjal-9207	943	3	lou	lou	PROPN
cjal-9207	943	4	·	·	PROPN
cjal-9207	943	5	,	,	PUNCT
cjal-9207	943	6	supra	supra	PROPN
cjal-9207	943	7	note	note	PROPN
cjal-9207	943	8	18	18	NUM
cjal-9207	943	9	,	,	PUNCT
cjal-9207	943	10	at	at	ADP
cjal-9207	943	11	arts	art	NOUN
cjal-9207	943	12	.	.	PUNCT
cjal-9207	944	1	52	52	NUM
cjal-9207	944	2	-	-	SYM
cjal-9207	944	3	54	54	NUM
cjal-9207	944	4	,	,	PUNCT
cjal-9207	944	5	117	117	NUM
cjal-9207	944	6	-	-	SYM
cjal-9207	944	7	118	118	NUM
cjal-9207	944	8	,	,	PUNCT
cjal-9207	944	9	152	152	NUM
cjal-9207	944	10	.	.	PUNCT
cjal-9207	945	1	rn2	rn2	PROPN
cjal-9207	945	2	e	e	PROPN
cjal-9207	945	3	·	·	PROPN
cjal-9207	945	4	a11	a11	PROPN
cjal-9207	945	5	.	.	PUNCT
cjal-9207	946	1	speci	speci	PROPN
cjal-9207	946	2	y	y	PROPN
cjal-9207	946	3	srnce	srnce	PROPN
cjal-9207	946	4	cumulative	cumulative	ADJ
cjal-9207	946	5	voting	voting	NOUN
cjal-9207	946	6	is	be	AUX
cjal-9207	946	7	currently	currently	ADV
cjal-9207	946	8	not	not	PART
cjal-9207	946	9	mandatory	mandatory	ADJ
cjal-9207	946	10	.	.	PUNCT
cjal-9207	947	1	i	i	PRON
cjal-9207	947	2	d.	d.	PROPN
cjal-9207	947	3	at	at	ADP
cjal-9207	947	4	art	art	NOUN
cjal-9207	947	5	.	.	PUNCT
cjal-9207	948	1	105	105	NUM
cjal-9207	948	2	;	;	PUNCT
cjal-9207	948	3	see	see	VERB
cjal-9207	948	4	also	also	ADV
cjal-9207	948	5	donald	donald	PROPN
cjal-9207	948	6	clarke	clarke	PROPN
cjal-9207	948	7	,	,	PUNCT
cjal-9207	948	8	the	the	DET
cjal-9207	948	9	independ	independ	NOUN
cjal-9207	948	10	ent	ent	NOUN
cjal-9207	948	11	director	director	NOUN
cjal-9207	948	12	in	in	ADP
cjal-9207	948	13	chinese	chinese	ADJ
cjal-9207	948	14	corporate	corporate	ADJ
cjal-9207	948	15	goternance	goternance	NOUN
cjal-9207	948	16	.	.	PUNCT
cjal-9207	949	1	31	31	NUM
cjal-9207	949	2	del	del	PROPN
cjal-9207	949	3	.	.	PROPN
cjal-9207	949	4	j.	j.	PROPN
cjal-9207	949	5	corp	corp	PROPN
cjal-9207	949	6	.	.	PROPN
cjal-9207	949	7	l.	l.	PROPN
cjal-9207	949	8	125	125	NUM
cjal-9207	949	9	,	,	PUNCT
cjal-9207	949	10	161	161	NUM
cjal-9207	949	11	-	-	SYM
cjal-9207	949	12	62	62	NUM
cjal-9207	949	13	,	,	PUNCT
cjal-9207	949	14	173	173	NUM
cjal-9207	949	15	-	-	SYM
cjal-9207	949	16	75	75	NUM
cjal-9207	949	17	(	(	PUNCT
cjal-9207	949	18	2006	2006	NUM
cjal-9207	949	19	)	)	PUNCT
cjal-9207	949	20	(	(	PUNCT
cjal-9207	949	21	discussing	discuss	VERB
cjal-9207	949	22	the	the	DET
cjal-9207	949	23	supervi·so	supervi·so	PUNCT
cjal-9207	949	24	bo	bo	NOUN
cjal-9207	949	25	d	d	NOUN
cjal-9207	949	26	•	•	NOUN
cjal-9207	949	27	g	g	PROPN
cjal-9207	949	28	d	d	PROPN
cjal-9207	949	29	the	the	DET
cjal-9207	949	30	f	f	X
cjal-9207	949	31	:	:	PUNCT
cjal-9207	949	32	·	·	SYM
cjal-9207	949	33	1	1	NUM
cjal-9207	949	34	ft	ft	PROPN
cjal-9207	949	35	h	h	PROPN
cjal-9207	949	36	·	·	PUNCT
cjal-9207	949	37	ry	ry	PROPN
cjal-9207	949	38	ar	ar	PROPN
cjal-9207	949	39	rn	rn	PROPN
cjal-9207	949	40	ermanv	ermanv	PROPN
cjal-9207	949	41	an	an	DET
cjal-9207	949	42	a1	a1	NOUN
cjal-9207	949	43	ure	ure	NOUN
cjal-9207	949	44	o	o	NOUN
cjal-9207	949	45	e	e	NOUN
cjal-9207	949	46	supervisory	supervisory	ADJ
cjal-9207	949	47	board	board	NOUN
cjal-9207	949	48	mechanism	mechanism	NOUN
cjal-9207	949	49	in	in	ADP
cjal-9207	949	50	chin	chin	NOUN
cjal-9207	949	51	)	)	PUNCT
cjal-9207	949	52	·	·	PUNCT
cjal-9207	949	53	•	•	NUM
cjal-9207	949	54	i~	i~	PROPN
cjal-9207	949	55	2006	2006	NUM
cjal-9207	949	56	company	company	NOUN
cjal-9207	949	57	law	law	NOUN
cjal-9207	949	58	,	,	PUNCT
cjal-9207	949	59	supra	supra	PROPN
cjal-9207	949	60	note	note	PROPN
cjal-9207	949	61	18	18	NUM
cjal-9207	949	62	,	,	PUNCT
cjal-9207	949	63	arts	art	NOUN
cjal-9207	949	64	.	.	PUNCT
cjal-9207	950	1	18~	18~	NUM
cjal-9207	950	2	io8	io8	NOUN
cjal-9207	950	3	,	,	PUNCT
cjal-9207	950	4	117	117	NUM
cjal-9207	950	5	(	(	PUNCT
cjal-9207	950	6	establishin	establishin	VERB
cjal-9207	950	7	the	the	DET
cjal-9207	950	8	unds	und	NOUN
cjal-9207	950	9	for	for	ADP
cjal-9207	950	10	umon	umon	PROPN
cjal-9207	950	11	mvolve	mvolve	PROPN
cjal-9207	950	12	~	~	PROPN
cjal-9207	950	13	ent	ent	NOUN
cjal-9207	950	14	and	and	CCONJ
cjal-9207	950	15	presence	presence	NOUN
cjal-9207	950	16	in	in	ADP
cjal-9207	950	17	every	every	DET
cjal-9207	950	18	china	china	PROPN
cjal-9207	950	19	domiciled	domicile	VERB
cjal-9207	950	20	com	com	NOUN
cjal-9207	950	21	g	g	PROPN
cjal-9207	950	22	gro	gro	PROPN
cjal-9207	950	23	154	154	NUM
cjal-9207	950	24	the	the	DET
cjal-9207	950	25	uruons	uruon	NOUN
cjal-9207	950	26	are	be	AUX
cjal-9207	950	27	members	member	NOUN
cjal-9207	950	28	of	of	ADP
cjal-9207	950	29	th	th	INTJ
cjal-9207	950	30	"	"	PUNCT
cjal-9207	950	31	al	al	PROPN
cjal-9207	950	32	l	l	PROPN
cjal-9207	950	33	chi	chi	PROPN
cjal-9207	950	34	pany	pany	PROPN
cjal-9207	950	35	)	)	PUNCT
cjal-9207	950	36	.	.	PUNCT
cjal-9207	951	1	the	the	DET
cjal-9207	951	2	official	official	ADJ
cjal-9207	951	3	union	union	PROPN
cjal-9207	951	4	organization	organization	NOUN
cjal-9207	951	5	of	of	ADP
cjal-9207	951	6	thee	thee	PRON
cjal-9207	951	7	.	.	PUNCT
cjal-9207	951	8	·	·	PUNCT
cjal-9207	952	1	na	na	X
cjal-9207	952	2	federation	federation	PROPN
cjal-9207	952	3	of	of	ADP
cjal-9207	952	4	trade	trade	NOUN
cjal-9207	952	5	unions	union	NOUN
cjal-9207	952	6	,	,	PUNCT
cjal-9207	952	7	which	which	PRON
cjal-9207	952	8	1s	1s	VERB
cjal-9207	952	9	gallagher	gallagher	PROPN
cjal-9207	952	10	&	&	CCONJ
cjal-9207	952	11	baohua	baohua	PROPN
cjal-9207	952	12	dong	dong	PROPN
cjal-9207	952	13	le	le	PROPN
cjal-9207	952	14	•	•	PROPN
cjal-9207	952	15	la	la	VERB
cjal-9207	952	16	.	.	PUNCT
cjal-9207	953	1	chinese	chinese	ADJ
cjal-9207	953	2	communist	communist	PROPN
cjal-9207	953	3	party	party	PROPN
cjal-9207	953	4	.	.	PUNCT
cjal-9207	954	1	see	see	VERB
cjal-9207	954	2	generally	generally	ADV
cjal-9207	954	3	mary	mary	PROPN
cjal-9207	954	4	e.	e.	PROPN
cjal-9207	954	5	,	,	PUNCT
cjal-9207	954	6	gis	gis	PROPN
cjal-9207	954	7	ting	ting	PROPN
cjal-9207	954	8	harmon	harmon	PROPN
cjal-9207	954	9	y	y	PROPN
cjal-9207	954	10	·	·	PUNCT
cjal-9207	954	11	lab	lab	NOUN
cjal-9207	954	12	la	la	NOUN
cjal-9207	954	13	r	r	NOUN
cjal-9207	954	14	,	,	PUNCT
cjal-9207	954	15	.	.	PUNCT
cjal-9207	954	16	.	.	PUNCT
cjal-9207	955	1	co	co	PROPN
cjal-9207	956	1	china	china	PROPN
cjal-9207	956	2	,	,	PUNCT
cjal-9207	956	3	infromlro:-!ricebo\vltol	infromlro:-!ricebo\vltol	NOUN
cjal-9207	956	4	.	.	PUNCT
cjal-9207	956	5	·	·	PUNCT
cjal-9207	956	6	or	or	CCONJ
cjal-9207	956	7	u	u	NOUN
cjal-9207	956	8	e	e	NOUN
cjal-9207	956	9	,	,	PUNCT
cjal-9207	956	10	orm	orm	NOUN
cjal-9207	956	11	in	in	ADP
cjal-9207	956	12	11	11	NUM
cjal-9207	956	13	/	/	SYM
cjal-9207	956	14	emporary	emporary	NOUN
cjal-9207	956	15	1'formalization	1'formalization	PROPN
cjal-9207	956	16	·	·	SYM
cjal-9207	956	17	1v	1v	NUM
cjal-9207	956	18	•	•	NUM
cjal-9207	956	19	~l	~l	NUM
cjal-9207	956	20	-	-	NOUN
cjal-9207	956	21	cvn5	cvn5	ADJ
cjal-9207	956	22	\	\	NOUN
cjal-9207	956	23	'	'	PUNCT
cjal-9207	956	24	"	"	PUNCT
cjal-9207	956	25	•	•	INTJ
cjal-9207	956	26	,	,	PUNCT
cjal-9207	956	27	he	he	PRON
cjal-9207	956	28	st	st	PROPN
cjal-9207	956	29	•te	•te	PROPN
cjal-9207	956	30	in	in	ADP
cjal-9207	956	31	a	a	DET
cjal-9207	956	32	cha	cha	NOUN
cjal-9207	956	33	...	...	PUNCT
cjal-9207	956	34	"iging	"ige	VERB
cjal-9207	956	35	china	china	PROPN
cjal-9207	956	36	36	36	NUM
cjal-9207	956	37	(	(	PUNCT
cjal-9207	957	1	sar	sar	PROPN
cjal-9207	957	2	h	h	PROPN
cjal-9207	957	3	k	k	PROPN
cjal-9207	957	4	·	·	PUNCT
cjal-9207	957	5	t	t	NOUN
cjal-9207	957	6	•	•	NUM
cjal-9207	957	7	·	·	PUNCT
cjal-9207	958	1	.uu<=	.uu<=	NUM
cjal-9207	959	1	1	1	NUM
cjal-9207	959	2	•	•	NUM
cjal-9207	959	3	•	•	NUM
cjal-9207	959	4	orkers	orker	NOUN
cjal-9207	959	5	,	,	PUNCT
cjal-9207	959	6	a:-.1	a:-.1	PROPN
cjal-9207	959	7	)	)	PUNCT
cjal-9207	959	8	t	t	PROPN
cjal-9207	959	9	,	,	PUNCT
cjal-9207	959	10	,	,	PUNCT
cjal-9207	959	11	os	os	ADP
cjal-9207	959	12	uruv1	uruv1	PROPN
cjal-9207	959	13	la	la	PROPN
cjal-9207	959	14	et	et	PROPN
cjal-9207	959	15	al	al	PROPN
cjal-9207	959	16	.	.	PUNCT
cjal-9207	959	17	eds	eds	PROPN
cjal-9207	959	18	.	.	PROPN
cjal-9207	959	19	,	,	PUNCT
cjal-9207	959	20	2011	2011	NUM
cjal-9207	959	21	)	)	PUNCT
cjal-9207	959	22	,	,	PUNCT
cjal-9207	959	23	at	at	ADP
cjal-9207	959	24	41	41	NUM
cjal-9207	959	25	-	-	SYM
cjal-9207	959	26	5	5	NUM
cjal-9207	959	27	.	.	NOUN
cjal-9207	959	28	2016	2016	NUM
cjal-9207	959	29	]	]	PUNCT
cjal-9207	959	30	minority	minority	NOUN
cjal-9207	959	31	public	public	ADJ
cjal-9207	959	32	shareholders	shareholder	NOUN
cjal-9207	959	33	in	in	ADP
cjal-9207	959	34	china	china	PROPN
cjal-9207	959	35	41	41	NUM
cjal-9207	959	36	oppressed	oppressed	ADJ
cjal-9207	959	37	minority	minority	NOUN
cjal-9207	959	38	share	share	NOUN
cjal-9207	959	39	holders	holder	NOUN
cjal-9207	959	40	,	,	PUNCT
cjal-9207	959	41	much	much	ADV
cjal-9207	959	42	less	less	ADJ
cjal-9207	959	43	those	those	PRON
cjal-9207	959	44	that	that	PRON
cjal-9207	959	45	are	be	AUX
cjal-9207	959	46	contrary	contrary	ADJ
cjal-9207	959	47	to	to	ADP
cjal-9207	959	48	the	the	DET
cjal-9207	959	49	firm	firm	NOUN
cjal-9207	959	50	's	's	PART
cjal-9207	959	51	control	control	NOUN
cjal-9207	959	52	parties.155	parties.155	PROPN
cjal-9207	959	53	b.	b.	PROPN
cjal-9207	959	54	idiosyncratic	idiosyncratic	ADJ
cjal-9207	959	55	mechanisms	mechanism	NOUN
cjal-9207	959	56	for	for	ADP
cjal-9207	959	57	minority	minority	NOUN
cjal-9207	959	58	public	public	ADJ
cjal-9207	959	59	shareholder	shareholder	NOUN
cjal-9207	959	60	empowerment	empowerment	NOUN
cjal-9207	959	61	in	in	ADP
cjal-9207	959	62	china	china	PROPN
cjal-9207	959	63	my	my	PRON
cjal-9207	959	64	analysis	analysis	NOUN
cjal-9207	959	65	thus	thus	ADV
cjal-9207	959	66	far	far	ADV
cjal-9207	959	67	supports	support	VERB
cjal-9207	959	68	the	the	DET
cjal-9207	959	69	view	view	NOUN
cjal-9207	959	70	that	that	SCONJ
cjal-9207	959	71	minority	minority	NOUN
cjal-9207	959	72	public	public	ADJ
cjal-9207	959	73	shareholders	shareholder	NOUN
cjal-9207	959	74	in	in	ADP
cjal-9207	959	75	the	the	DET
cjal-9207	959	76	prc	prc	PROPN
cjal-9207	959	77	are	be	AUX
cjal-9207	959	78	demoted	demote	VERB
cjal-9207	959	79	to	to	ADP
cjal-9207	959	80	the	the	DET
cjal-9207	959	81	role	role	NOUN
cjal-9207	959	82	of	of	ADP
cjal-9207	959	83	passive	passive	ADJ
cjal-9207	959	84	providers	provider	NOUN
cjal-9207	959	85	of	of	ADP
cjal-9207	959	86	finance	finance	NOUN
cjal-9207	959	87	capital	capital	NOUN
cjal-9207	959	88	to	to	ADP
cjal-9207	959	89	the	the	DET
cjal-9207	959	90	firms	firm	NOUN
cjal-9207	959	91	operating	operate	VERB
cjal-9207	959	92	under	under	ADP
cjal-9207	959	93	china	china	PROPN
cjal-9207	959	94	's	's	PART
cjal-9207	959	95	state	state	NOUN
cjal-9207	959	96	capitalism	capitalism	NOUN
cjal-9207	959	97	model	model	NOUN
cjal-9207	959	98	.	.	PUNCT
cjal-9207	960	1	unavailable	unavailable	ADJ
cjal-9207	960	2	for	for	ADP
cjal-9207	960	3	them	they	PRON
cjal-9207	960	4	are	be	AUX
cjal-9207	960	5	mechanisms	mechanism	NOUN
cjal-9207	960	6	and	and	CCONJ
cjal-9207	960	7	corporate	corporate	ADJ
cjal-9207	960	8	governance	governance	NOUN
cjal-9207	960	9	institutions	institution	NOUN
cjal-9207	960	10	accessible	accessible	ADJ
cjal-9207	960	11	to	to	ADP
cjal-9207	960	12	minority	minority	NOUN
cjal-9207	960	13	puplic	puplic	ADJ
cjal-9207	960	14	shareholders	shareholder	NOUN
cjal-9207	960	15	in	in	ADP
cjal-9207	960	16	other	other	ADJ
cjal-9207	960	17	markets	market	NOUN
cjal-9207	960	18	(	(	PUNCT
cjal-9207	960	19	dispersed	disperse	VERB
cjal-9207	960	20	and	and	CCONJ
cjal-9207	960	21	concentrated	concentrate	VERB
cjal-9207	960	22	alike)-ranging	alike)-range	VERB
cjal-9207	960	23	from	from	ADP
cjal-9207	960	24	a	a	DET
cjal-9207	960	25	functioning	function	VERB
cjal-9207	960	26	market	market	NOUN
cjal-9207	960	27	for	for	ADP
cjal-9207	960	28	corporate	corporate	ADJ
cjal-9207	960	29	control	control	NOUN
cjal-9207	960	30	to	to	ADP
cjal-9207	960	31	minority	minority	NOUN
cjal-9207	960	32	legal	legal	ADJ
cjal-9207	960	33	protections	protection	NOUN
cjal-9207	960	34	-	-	PUNCT
cjal-9207	960	35	which	which	PRON
cjal-9207	960	36	otherwise	otherwise	ADV
cjal-9207	960	37	facilitate	facilitate	VERB
cjal-9207	960	38	the	the	DET
cjal-9207	960	39	ability	ability	NOUN
cjal-9207	960	40	of	of	ADP
cjal-9207	960	41	public	public	ADJ
cjal-9207	960	42	shareholders	shareholder	NOUN
cjal-9207	960	43	to	to	PART
cjal-9207	960	44	monitor	monitor	VERB
cjal-9207	960	45	and	and	CCONJ
cjal-9207	960	46	ultimately	ultimately	ADV
cjal-9207	960	47	discipline	discipline	VERB
cjal-9207	960	48	management	management	NOUN
cjal-9207	960	49	and	and	CCONJ
cjal-9207	960	50	influence	influence	VERB
cjal-9207	960	51	the	the	DET
cjal-9207	960	52	governance	governance	NOUN
cjal-9207	960	53	of	of	ADP
cjal-9207	960	54	firms	firm	NOUN
cjal-9207	960	55	.	.	PUNCT
cjal-9207	961	1	in	in	ADP
cjal-9207	961	2	the	the	DET
cjal-9207	961	3	remainder	remainder	NOUN
cjal-9207	961	4	of	of	ADP
cjal-9207	961	5	the	the	DET
cjal-9207	961	6	article	article	NOUN
cjal-9207	961	7	i	i	PRON
cjal-9207	961	8	want	want	VERB
cjal-9207	961	9	to	to	PART
cjal-9207	961	10	suggest	suggest	VERB
cjal-9207	961	11	how	how	SCONJ
cjal-9207	961	12	other	other	ADJ
cjal-9207	961	13	political	political	ADJ
cjal-9207	961	14	economy	economy	NOUN
cjal-9207	961	15	and	and	CCONJ
cjal-9207	961	16	capital	capital	NOUN
cjal-9207	961	17	market	market	NOUN
cjal-9207	961	18	developments	development	NOUN
cjal-9207	961	19	-	-	PUNCT
cjal-9207	961	20	highly	highly	ADV
cjal-9207	961	21	specific	specific	ADJ
cjal-9207	961	22	to	to	ADP
cjal-9207	961	23	the	the	DET
cjal-9207	961	24	chinese	chinese	ADJ
cjal-9207	961	25	context	context	NOUN
cjal-9207	961	26	,	,	PUNCT
cjal-9207	961	27	and	and	CCONJ
cjal-9207	961	28	which	which	PRON
cjal-9207	961	29	i	i	PRON
cjal-9207	961	30	expect	expect	VERB
cjal-9207	961	31	will	will	AUX
cjal-9207	961	32	amplify	amplify	VERB
cjal-9207	961	33	with	with	ADP
cjal-9207	961	34	time	time	NOUN
cjal-9207	961	35	-	-	PUNCT
cjal-9207	961	36	may	may	AUX
cjal-9207	961	37	eventua	eventua	VERB
cjal-9207	961	38	lly	lly	ADV
cjal-9207	961	39	enable	enable	VERB
cjal-9207	961	40	greater	great	ADJ
cjal-9207	961	41	minority	minority	NOUN
cjal-9207	961	42	public	public	ADJ
cjal-9207	961	43	shareholder	shareholder	NOUN
cjal-9207	961	44	involvement	involvement	NOUN
cjal-9207	961	45	in	in	ADP
cjal-9207	961	46	the	the	DET
cjal-9207	961	47	prc	prc	PROPN
cjal-9207	961	48	.	.	PUNCT
cjal-9207	962	1	i	i	PRON
cjal-9207	962	2	explore	explore	VERB
cjal-9207	962	3	,	,	PUNCT
cjal-9207	962	4	specifically	specifically	ADV
cjal-9207	962	5	,	,	PUNCT
cjal-9207	962	6	two	two	NUM
cjal-9207	962	7	possible	possible	ADJ
cjal-9207	962	8	developments	development	NOUN
cjal-9207	962	9	of	of	ADP
cjal-9207	962	10	significance	significance	NOUN
cjal-9207	962	11	-	-	PUNCT
cjal-9207	962	12	ccp	ccp	NOUN
cjal-9207	962	13	-	-	PUNCT
cjal-9207	962	14	led	lead	VERB
cjal-9207	962	15	support	support	NOUN
cjal-9207	962	16	of	of	ADP
cjal-9207	962	17	minority	minority	NOUN
cjal-9207	962	18	public	public	ADJ
cjal-9207	962	19	shareholders	shareholder	NOUN
cjal-9207	962	20	'	'	PART
cjal-9207	962	21	involvement	involvement	NOUN
cjal-9207	962	22	in	in	ADP
cjal-9207	962	23	prc	prc	PROPN
cjal-9207	962	24	firms	firm	NOUN
cjal-9207	962	25	,	,	PUNCT
cjal-9207	962	26	and	and	CCONJ
cjal-9207	962	27	the	the	DET
cjal-9207	962	28	emergence	emergence	NOUN
cjal-9207	962	29	of	of	ADP
cjal-9207	962	30	a	a	DET
cjal-9207	962	31	partial	partial	ADJ
cjal-9207	962	32	market	market	NOUN
cjal-9207	962	33	for	for	ADP
cjal-9207	962	34	corporate	corporate	ADJ
cjal-9207	962	35	control	control	NOUN
cjal-9207	962	36	that	that	PRON
cjal-9207	962	37	operates	operate	VERB
cjal-9207	962	38	within	within	ADP
cjal-9207	962	39	the	the	DET
cjal-9207	962	40	controlling	control	VERB
cjal-9207	962	41	apparatus	apparatus	NOUN
cjal-9207	962	42	.	.	PUNCT
cjal-9207	963	1	1	1	X
cjal-9207	963	2	.	.	X
cjal-9207	963	3	communist	communist	PROPN
cjal-9207	963	4	party	party	NOUN
cjal-9207	963	5	policy	policy	NOUN
cjal-9207	963	6	and	and	CCONJ
cjal-9207	963	7	empowerment	empowerment	NOUN
cjal-9207	963	8	of	of	ADP
cjal-9207	963	9	minority	minority	NOUN
cjal-9207	963	10	public	public	ADJ
cjal-9207	963	11	shareholders	shareholder	NOUN
cjal-9207	963	12	here	here	ADV
cjal-9207	963	13	i	i	PRON
cjal-9207	963	14	posit	posit	VERB
cjal-9207	963	15	that	that	SCONJ
cjal-9207	963	16	the	the	DET
cjal-9207	963	17	ccp	ccp	PROPN
cjal-9207	963	18	,	,	PUNCT
cjal-9207	963	19	the	the	DET
cjal-9207	963	20	real	real	ADJ
cjal-9207	963	21	control	control	NOUN
cjal-9207	963	22	party	party	NOUN
cjal-9207	963	23	behind	behind	ADP
cjal-9207	963	24	the	the	DET
cjal-9207	963	25	prc	prc	PROPN
cjal-9207	963	26	's	's	PART
cjal-9207	963	27	formal	formal	ADJ
cjal-9207	963	28	state	state	NOUN
cjal-9207	963	29	(	(	PUNCT
cjal-9207	963	30	and	and	CCONJ
cjal-9207	963	31	thus	thus	ADV
cjal-9207	963	32	i	i	PRON
cjal-9207	963	33	term	term	VERB
cjal-9207	963	34	the	the	DET
cjal-9207	963	35	prc	prc	PROPN
cjal-9207	963	36	throughout	throughout	ADP
cjal-9207	963	37	a	a	DET
cjal-9207	963	38	"	"	PUNCT
cjal-9207	963	39	party	party	NOUN
cjal-9207	963	40	-state	-state	PROPN
cjal-9207	963	41	"	"	PUNCT
cjal-9207	963	42	)	)	PUNCT
cjal-9207	963	43	,	,	PUNCT
cjal-9207	963	44	might	might	AUX
cjal-9207	963	45	itself	itself	PRON
cjal-9207	963	46	implement	implement	VERB
cjal-9207	963	47	a	a	DET
cjal-9207	963	48	policy	policy	NOUN
cjal-9207	963	49	that	that	PRON
cjal-9207	963	50	promotes	promote	VERB
cjal-9207	963	51	greater	great	ADJ
cjal-9207	963	52	consideration	consideration	NOUN
cjal-9207	963	53	of	of	ADP
cjal-9207	963	54	the	the	DET
cjal-9207	963	55	interests	interest	NOUN
cjal-9207	963	56	of	of	ADP
cjal-9207	963	57	minority	minority	NOUN
cjal-9207	963	58	public	public	ADJ
cjal-9207	963	59	shareho	shareho	PROPN
cjal-9207	963	60	lders	lder	NOUN
cjal-9207	963	61	in	in	ADP
cjal-9207	963	62	prc	prc	PROPN
cjal-9207	963	63	listed	list	VERB
cjal-9207	963	64	firms	firm	NOUN
cjal-9207	963	65	.	.	PUNCT
cjal-9207	964	1	this	this	PRON
cjal-9207	964	2	,	,	PUNCT
cjal-9207	964	3	i	i	PRON
cjal-9207	964	4	suggest	suggest	VERB
cjal-9207	964	5	,	,	PUNCT
cjal-9207	964	6	might	might	AUX
cjal-9207	964	7	happen	happen	VERB
cjal-9207	964	8	notwithstanding	notwithstanding	ADP
cjal-9207	964	9	what	what	PRON
cjal-9207	964	10	is	be	AUX
cjal-9207	964	11	conferred	confer	VERB
cjal-9207	964	12	on	on	ADP
cjal-9207	964	13	such	such	ADJ
cjal-9207	964	14	minority	minority	NOUN
cjal-9207	964	15	shareholders	shareholder	NOUN
cjal-9207	964	16	in	in	ADP
cjal-9207	964	17	statute	statute	NOUN
cjal-9207	964	18	and	and	CCONJ
cjal-9207	964	19	regulation	regulation	NOUN
cjal-9207	964	20	,	,	PUNCT
cjal-9207	964	21	and	and	CCONJ
cjal-9207	964	22	the	the	DET
cjal-9207	964	23	fact	fact	NOUN
cjal-9207	964	24	that	that	SCONJ
cjal-9207	964	25	the	the	DET
cjal-9207	964	26	party	party	NOUN
cjal-9207	964	27	would	would	AUX
cjal-9207	964	28	be	be	AUX
cjal-9207	964	29	empowering	empower	VERB
cjal-9207	964	30	such	such	ADJ
cjal-9207	964	31	shareholders	shareholder	NOUN
cjal-9207	964	32	against	against	ADP
cjal-9207	964	33	other	other	ADJ
cjal-9207	964	34	identities	identity	NOUN
cjal-9207	964	35	within	within	ADP
cjal-9207	964	36	its	its	PRON
cjal-9207	964	37	own	own	ADJ
cjal-9207	964	38	controlling	controlling	NOUN
cjal-9207	964	39	apparatus	apparatus	NOUN
cjal-9207	964	40	.	.	PUNCT
cjal-9207	965	1	in	in	ADP
cjal-9207	965	2	china	china	PROPN
cjal-9207	965	3	,	,	PUNCT
cjal-9207	965	4	perhaps	perhaps	ADV
cjal-9207	965	5	ironically	ironically	ADV
cjal-9207	965	6	,	,	PUNCT
cjal-9207	965	7	the	the	DET
cjal-9207	965	8	design	design	NOUN
cjal-9207	965	9	of	of	ADP
cjal-9207	965	10	the	the	DET
cjal-9207	965	11	prc	prc	PROPN
cjal-9207	965	12	"	"	PUNCT
cjal-9207	965	13	socialist	socialist	ADJ
cjal-9207	965	14	market	market	NOUN
cjal-9207	965	15	economy	economy	NOUN
cjal-9207	965	16	"	"	PUNCT
cjal-9207	965	17	is	be	AUX
cjal-9207	965	18	firmly	firmly	ADV
cjal-9207	965	19	within	within	ADP
cjal-9207	965	20	the	the	DET
cjal-9207	965	21	purview	purview	NOUN
cjal-9207	965	22	of	of	ADP
cjal-9207	965	23	the	the	DET
cjal-9207	965	24	ccp	ccp	PROPN
cjal-9207	965	25	central	central	PROPN
cjal-9207	965	26	committee	committee	PROPN
cjal-9207	965	27	,	,	PUNCT
cjal-9207	965	28	156	156	NUM
cjal-9207	965	29	and	and	CCONJ
cjal-9207	965	30	thus	thus	ADV
cjal-9207	965	31	the	the	DET
cjal-9207	965	32	empowerment	empowerment	NOUN
cjal-9207	965	33	of	of	ADP
cjal-9207	965	34	minority	minority	NOUN
cjal-9207	965	35	shareholders	shareholder	NOUN
cjal-9207	965	36	in	in	ADP
cjal-9207	965	37	listed	list	VERB
cjal-9207	965	38	firms	firm	NOUN
cjal-9207	965	39	might	might	AUX
cjal-9207	965	40	be	be	AUX
cjal-9207	965	41	understood	understand	VERB
cjal-9207	965	42	as	as	ADP
cjal-9207	965	43	an	an	DET
cjal-9207	965	44	instrument	instrument	NOUN
cjal-9207	965	45	of	of	ADP
cjal-9207	965	46	this	this	DET
cjal-9207	965	47	agreed	agree	VERB
cjal-9207	965	48	strategy	strategy	NOUN
cjal-9207	965	49	for	for	ADP
cjal-9207	965	50	economic	economic	ADJ
cjal-9207	965	51	development	development	NOUN
cjal-9207	965	52	.	.	PUNCT
cjal-9207	966	1	first	first	ADV
cjal-9207	966	2	,	,	PUNCT
cjal-9207	966	3	there	there	PRON
cjal-9207	966	4	is	be	VERB
cjal-9207	966	5	a	a	DET
cjal-9207	966	6	good	good	ADJ
cjal-9207	966	7	deal	deal	NOUN
cjal-9207	966	8	of	of	ADP
cjal-9207	966	9	political	political	ADJ
cjal-9207	966	10	benefit	benefit	NOUN
cjal-9207	966	11	accruing	accrue	VERB
cjal-9207	966	12	to	to	ADP
cjal-9207	966	13	the	the	DET
cjal-9207	966	14	party	party	NOUN
cjal-9207	966	15	if	if	SCONJ
cjal-9207	966	16	it	it	PRON
cjal-9207	966	17	acts	act	VERB
cjal-9207	966	18	in	in	ADP
cjal-9207	966	19	support	support	NOUN
cjal-9207	966	20	155	155	NUM
cjal-9207	966	21	i	i	PROPN
cjal-9207	966	22	d	d	PROPN
cjal-9207	966	23	.	.	PUNCT
cjal-9207	967	1	156	156	NUM
cjal-9207	967	2	see	see	VERB
cjal-9207	967	3	communique	communique	NOUN
cjal-9207	967	4	of	of	ADP
cjal-9207	967	5	the	the	DET
cjal-9207	967	6	third	third	ADJ
cjal-9207	967	7	plenary	plenary	ADJ
cjal-9207	967	8	session	session	NOUN
cjal-9207	967	9	of	of	ADP
cjal-9207	967	10	the	the	DET
cjal-9207	967	11	18th	18th	ADJ
cjal-9207	967	12	central	central	ADJ
cjal-9207	967	13	committee	committee	NOUN
cjal-9207	967	14	of	of	ADP
cjal-9207	967	15	the	the	DET
cjal-9207	967	16	communist	communist	PROPN
cjal-9207	967	17	party	party	PROPN
cjal-9207	967	18	of	of	ADP
cjal-9207	967	19	china	china	PROPN
cjal-9207	967	20	,	,	PUNCT
cjal-9207	967	21	(	(	PUNCT
cjal-9207	967	22	adopted	adopt	VERB
cjal-9207	967	23	nov	nov	PROPN
cjal-9207	967	24	.	.	PROPN
cjal-9207	967	25	12	12	NUM
cjal-9207	967	26	,	,	PUNCT
cjal-9207	967	27	2013	2013	NUM
cjal-9207	967	28	)	)	PUNCT
cjal-9207	967	29	,	,	PUNCT
cjal-9207	967	30	china.org.cn	china.org.cn	X
cjal-9207	967	31	,	,	PUNCT
cjal-9207	967	32	http://www.china.org	http://www.china.org	NUM
cjal-9207	967	33	.	.	PUNCT
cjal-9207	968	1	cn	cn	PROPN
cjal-9207	968	2	/	/	SYM
cjal-9207	968	3	china	china	PROPN
cjal-9207	968	4	/	/	SYM
cjal-9207	968	5	third_plenary	third_plenary	PROPN
cjal-9207	968	6	_	_	PROPN
cjal-9207	968	7	session/2014	session/2014	NOUN
cjal-9207	968	8	-	-	PUNCT
cjal-9207	968	9	0	0	NUM
cjal-9207	968	10	l/15	l/15	NOUN
cjal-9207	968	11	/	/	SYM
cjal-9207	968	12	content_31203056.htm	content_31203056.htm	PROPN
cjal-9207	968	13	(	(	PUNCT
cjal-9207	968	14	the	the	DET
cjal-9207	968	15	plenum	plenum	NOUN
cjal-9207	968	16	stated	state	VERB
cjal-9207	968	17	:	:	PUNCT
cjal-9207	968	18	"	"	PUNCT
cjal-9207	968	19	establishing	establish	VERB
cjal-9207	968	20	a	a	DET
cjal-9207	968	21	unified	unified	ADJ
cjal-9207	968	22	,	,	PUNCT
cjal-9207	968	23	open	open	ADJ
cjal-9207	968	24	,	,	PUNCT
cjal-9207	968	25	competitive	competitive	ADJ
cjal-9207	968	26	and	and	CCONJ
cjal-9207	968	27	orderly	orderly	ADJ
cjal-9207	968	28	market	market	NOUN
cjal-9207	968	29	system	system	NOUN
cjal-9207	968	30	is	be	AUX
cjal-9207	968	31	the	the	DET
cjal-9207	968	32	basis	basis	NOUN
cjal-9207	968	33	for	for	SCONJ
cjal-9207	968	34	the	the	DET
cjal-9207	968	35	market	market	NOUN
cjal-9207	968	36	to	to	PART
cjal-9207	968	37	play	play	VERB
cjal-9207	968	38	a	a	DET
cjal-9207	968	39	decisive	decisive	ADJ
cjal-9207	968	40	role	role	NOUN
cjal-9207	968	41	in	in	ADP
cjal-9207	968	42	the	the	DET
cjal-9207	968	43	allocation	allocation	NOUN
cjal-9207	968	44	of	of	ADP
cjal-9207	968	45	resources	resource	NOUN
cjal-9207	968	46	.	.	PUNCT
cjal-9207	968	47	"	"	PUNCT
cjal-9207	968	48	)	)	PUNCT
cjal-9207	968	49	.	.	PUNCT
cjal-9207	969	1	42	42	NUM
cjal-9207	969	2	colu.mbia	colu.mbia	PROPN
cjal-9207	969	3	journal	journal	NOUN
cjal-9207	969	4	of	of	ADP
cjal-9207	969	5	asia.i\	asia.i\	PROPN
cjal-9207	969	6	'	'	PART
cjal-9207	969	7	law	law	NOUN
cjal-9207	969	8	[	[	X
cjal-9207	969	9	\'ol	\'ol	NOUN
cjal-9207	969	10	.	.	PUNCT
cjal-9207	970	1	30:1	30:1	NUM
cjal-9207	970	2	of	of	ADP
cjal-9207	970	3	openly	openly	ADV
cjal-9207	970	4	exploited	exploit	VERB
cjal-9207	970	5	minority	minority	NOUN
cjal-9207	970	6	public	public	ADJ
cjal-9207	970	7	shareholders	shareholder	NOUN
cjal-9207	970	8	who	who	PRON
cjal-9207	970	9	have	have	VERB
cjal-9207	970	10	few	few	ADJ
cjal-9207	970	11	a_p	a_p	NUM
cjal-9207	970	12	~	~	NOUN
cjal-9207	970	13	arent	arent	ADJ
cjal-9207	970	14	remedies	remedy	NOUN
cjal-9207	970	15	,	,	PUNCT
cjal-9207	970	16	which	which	DET
cjal-9207	970	17	benefits	benefit	NOUN
cjal-9207	970	18	would	would	AUX
cjal-9207	970	19	include	include	VERB
cjal-9207	970	20	enhanced	enhance	VERB
cjal-9207	970	21	gra	gra	PROPN
cjal-9207	970	22	..	..	PUNCT
cjal-9207	970	23	root	root	NOUN
cjal-9207	970	24	legitimacy	legitimacy	NOUN
cjal-9207	970	25	,	,	PUNCT
cjal-9207	970	26	something	something	PRON
cjal-9207	970	27	the	the	DET
cjal-9207	970	28	ccp	ccp	PROPN
cjal-9207	970	29	is	be	AUX
cjal-9207	970	30	desperately	desperately	ADV
cjal-9207	970	31	in	in	ADP
cjal-9207	970	32	need	need	NOUN
cjal-9207	970	33	of	of	ADP
cjal-9207	970	34	.	.	PUNCT
cjal-9207	971	1	157	157	NUM
cjal-9207	971	2	here	here	ADV
cjal-9207	971	3	,	,	PUNCT
cjal-9207	971	4	the	the	DET
cjal-9207	971	5	ccp'1	ccp'1	NOUN
cjal-9207	971	6	,	,	PUNCT
cjal-9207	971	7	need	need	VERB
cjal-9207	971	8	to	to	PART
cjal-9207	971	9	maintain	maintain	VERB
cjal-9207	971	10	popular	popular	ADJ
cjal-9207	971	11	legitimacy	legitimacy	NOUN
cjal-9207	971	12	(	(	PUNCT
cjal-9207	971	13	or	or	CCONJ
cjal-9207	971	14	at	at	ADP
cjal-9207	971	15	least	least	ADJ
cjal-9207	971	16	the	the	DET
cjal-9207	971	17	idea	idea	NOUN
cjal-9207	971	18	that	that	SCONJ
cjal-9207	971	19	market.-	market.-	PROPN
cjal-9207	971	20	;	;	PUNCT
cjal-9207	971	21	work	work	VERB
cjal-9207	971	22	fairly	fairly	ADV
cjal-9207	971	23	)	)	PUNCT
cjal-9207	971	24	merges	merge	NOUN
cjal-9207	971	25	with	with	ADP
cjal-9207	971	26	the	the	DET
cjal-9207	971	27	regime	regime	NOUN
cjal-9207	971	28	's	's	PART
cjal-9207	971	29	equally	equally	ADV
cjal-9207	971	30	urgent	urgent	ADJ
cjal-9207	971	31	need	need	NOUN
cjal-9207	971	32	to	to	PART
cjal-9207	971	33	find	find	VERB
cjal-9207	971	34	new	new	ADJ
cjal-9207	971	35	way	way	NOUN
cjal-9207	971	36	to	to	PART
cjal-9207	971	37	encourage	encourage	VERB
cjal-9207	971	38	continuous	continuous	ADJ
cjal-9207	971	39	investment	investment	NOUN
cjal-9207	971	40	in	in	ADP
cjal-9207	971	41	capital	capital	NOUN
cjal-9207	971	42	markets	market	NOUN
cjal-9207	971	43	(	(	PUNCT
cjal-9207	971	44	ei	ei	NOUN
cjal-9207	971	45	,	,	PUNCT
cjal-9207	971	46	pecially	pecially	ADV
cjal-9207	971	47	after	after	ADP
cjal-9207	971	48	the	the	DET
cjal-9207	971	49	crashes	crash	NOUN
cjal-9207	971	50	of	of	ADP
cjal-9207	971	51	2015	2015	NUM
cjal-9207	971	52	and	and	CCONJ
cjal-9207	971	53	2016	2016	NUM
cjal-9207	971	54	,	,	PUNCT
cjal-9207	971	55	and	and	CCONJ
cjal-9207	971	56	direct	direct	ADJ
cjal-9207	971	57	state	state	NOUN
cjal-9207	971	58	intervention	intervention	NOUN
cjal-9207	971	59	to	to	PART
cjal-9207	971	60	"	"	PUNCT
cjal-9207	971	61	._ave	._ave	VERB
cjal-9207	971	62	"	"	PUNCT
cjal-9207	971	63	those	those	DET
cjal-9207	971	64	markets	market	NOUN
cjal-9207	971	65	)	)	PUNCT
cjal-9207	971	66	.	.	PUNCT
cjal-9207	972	1	moreover	moreover	ADV
cjal-9207	972	2	,	,	PUNCT
cjal-9207	972	3	it	it	PRON
cjal-9207	972	4	has	have	AUX
cjal-9207	972	5	always	always	ADV
cjal-9207	972	6	been	be	AUX
cjal-9207	972	7	in	in	ADP
cjal-9207	972	8	the	the	DET
cjal-9207	972	9	ccp'o	ccp'o	NOUN
cjal-9207	972	10	intere:,t	intere:,t	PUNCT
cjal-9207	972	11	to	to	PART
cjal-9207	972	12	preempt	preempt	VERB
cjal-9207	972	13	populist	populist	ADJ
cjal-9207	972	14	"	"	PUNCT
cjal-9207	972	15	mass	mass	ADJ
cjal-9207	972	16	"	"	PUNCT
cjal-9207	972	17	demand	demand	NOUN
cjal-9207	972	18	s	s	PRON
cjal-9207	972	19	for	for	ADP
cjal-9207	972	20	any	any	DET
cjal-9207	972	21	kind	kind	NOUN
cjal-9207	972	22	of	of	ADP
cjal-9207	972	23	rights	right	NOUN
cjal-9207	972	24	,	,	PUNCT
cjal-9207	972	25	political	political	ADJ
cjal-9207	972	26	or	or	CCONJ
cjal-9207	972	27	property	property	NOUN
cjal-9207	972	28	protecting	protecting	NOUN
cjal-9207	972	29	,	,	PUNCT
cjal-9207	972	30	and	and	CCONJ
cjal-9207	972	31	thus	thus	ADV
cjal-9207	972	32	increased	increase	VERB
cjal-9207	972	33	shareholder	shareholder	NOUN
cjal-9207	972	34	participation	participation	NOUN
cjal-9207	972	35	and	and	CCONJ
cjal-9207	972	36	protection	protection	NOUN
cjal-9207	972	37	that	that	PRON
cjal-9207	972	38	goes	go	VERB
cjal-9207	972	39	beyond	beyond	ADP
cjal-9207	972	40	the	the	DET
cjal-9207	972	41	mere	mere	ADJ
cjal-9207	972	42	rhetorical	rhetorical	NOUN
cjal-9207	972	43	may	may	AUX
cjal-9207	972	44	also	also	ADV
cjal-9207	972	45	reduce	reduce	VERB
cjal-9207	972	46	--ocial	--ocial	PUNCT
cjal-9207	972	47	(	(	PUNCT
cjal-9207	972	48	qua	qua	NOUN
cjal-9207	972	49	shareholder	shareholder	NOUN
cjal-9207	972	50	)	)	PUNCT
cjal-9207	972	51	unrest	unrest	NOUN
cjal-9207	972	52	and	and	CCONJ
cjal-9207	972	53	capital	capital	NOUN
cjal-9207	972	54	markets	market	NOUN
cjal-9207	972	55	declines	decline	NOUN
cjal-9207	972	56	(	(	PUNCT
cjal-9207	972	57	which	which	PRON
cjal-9207	972	58	lead	lead	VERB
cjal-9207	972	59	to	to	ADP
cjal-9207	972	60	further	further	ADJ
cjal-9207	972	61	social	social	ADJ
cjal-9207	972	62	unrest	unrest	NOUN
cjal-9207	972	63	)	)	PUNCT
cjal-9207	972	64	.	.	PUNCT
cjal-9207	973	1	second	second	ADJ
cjal-9207	973	2	,	,	PUNCT
cjal-9207	973	3	and	and	CCONJ
cjal-9207	973	4	as	as	SCONJ
cjal-9207	973	5	mentioned	mention	VERB
cjal-9207	973	6	above	above	ADV
cjal-9207	973	7	,	,	PUNCT
cjal-9207	973	8	many	many	ADJ
cjal-9207	973	9	of	of	ADP
cjal-9207	973	10	the	the	DET
cjal-9207	973	11	prc	prc	PROPN
cjal-9207	973	12	'	'	PUNCT
cjal-9207	973	13	:	:	PUNCT
cjal-9207	973	14	;	;	PUNCT
cjal-9207	974	1	li	li	PROPN
cjal-9207	974	2	.	.	PROPN
cjal-9207	974	3	,,ted	,,ted	PUNCT
cjal-9207	974	4	firms	firm	NOUN
cjal-9207	974	5	are	be	AUX
cjal-9207	974	6	controlled	control	VERB
cjal-9207	974	7	by	by	ADP
cjal-9207	974	8	local	local	ADJ
cjal-9207	974	9	party	party	NOUN
cjal-9207	974	10	-	-	PUNCT
cjal-9207	974	11	state	state	NOUN
cjal-9207	974	12	institutions	institution	NOUN
cjal-9207	974	13	,	,	PUNCT
cjal-9207	974	14	which	which	PRON
cjal-9207	974	15	often	often	ADV
cjal-9207	974	16	act	act	VERB
cjal-9207	974	17	contrary	contrary	ADV
cjal-9207	974	18	to	to	ADP
cjal-9207	974	19	the	the	DET
cjal-9207	974	20	policy	policy	NOUN
cjal-9207	974	21	dictated	dictate	VERB
cjal-9207	974	22	by	by	ADP
cjal-9207	974	23	the	the	DET
cjal-9207	974	24	central	central	ADJ
cjal-9207	974	25	party	party	NOUN
cjal-9207	974	26	-	-	PUNCT
cjal-9207	974	27	state	state	NOUN
cjal-9207	974	28	.	.	PUNCT
cjal-9207	975	1	in	in	ADP
cjal-9207	975	2	the:,e	the:,e	PROPN
cjal-9207	975	3	ca,-e	ca,-e	PROPN
cjal-9207	975	4	,	,	PUNCT
cjal-9207	975	5	the	the	DET
cjal-9207	975	6	center	center	NOUN
cjal-9207	975	7	's	's	PART
cjal-9207	975	8	acting	acting	NOUN
cjal-9207	975	9	in	in	ADP
cjal-9207	975	10	support	support	NOUN
cjal-9207	975	11	of	of	ADP
cjal-9207	975	12	minority	minority	NOUN
cjal-9207	975	13	public	public	ADJ
cjal-9207	975	14	shareholder	shareholder	NOUN
cjal-9207	975	15	,	,	PUNCT
cjal-9207	975	16	in	in	ADP
cjal-9207	975	17	prc	prc	PROPN
cjal-9207	975	18	listed	list	VERB
cjal-9207	975	19	firms	firm	NOUN
cjal-9207	975	20	would	would	AUX
cjal-9207	975	21	help	help	VERB
cjal-9207	975	22	the	the	DET
cjal-9207	975	23	central	central	ADJ
cjal-9207	975	24	party	party	NOUN
cjal-9207	975	25	-	-	PUNCT
cjal-9207	975	26	state	state	NOUN
cjal-9207	975	27	monitor	monitor	NOUN
cjal-9207	975	28	,	,	PUNCT
cjal-9207	975	29	and	and	CCONJ
cjal-9207	975	30	battle	battle	NOUN
cjal-9207	975	31	against	against	ADP
cjal-9207	975	32	the	the	DET
cjal-9207	975	33	accumulation	accumulation	NOUN
cjal-9207	975	34	of	of	ADP
cjal-9207	975	35	local	local	ADJ
cjal-9207	975	36	-	-	PUNCT
cjal-9207	975	37	level	level	NOUN
cjal-9207	975	38	economic	economic	ADJ
cjal-9207	975	39	and	and	CCONJ
cjal-9207	975	40	political	political	ADJ
cjal-9207	975	41	power	power	NOUN
cjal-9207	975	42	.	.	PUNCT
cjal-9207	976	1	it	it	PRON
cjal-9207	976	2	is	be	AUX
cjal-9207	976	3	exactly	exactly	ADV
cjal-9207	976	4	this	this	DET
cjal-9207	976	5	dynamic	dynamic	ADJ
cjal-9207	976	6	which	which	PRON
cjal-9207	976	7	has	have	AUX
cjal-9207	976	8	driven	drive	VERB
cjal-9207	976	9	the	the	DET
cjal-9207	976	10	central	central	ADJ
cjal-9207	976	11	partytate	partytate	NOUN
cjal-9207	976	12	's	's	PART
cjal-9207	976	13	empowerment	empowerment	NOUN
cjal-9207	976	14	of	of	ADP
cjal-9207	976	15	central	central	ADJ
cjal-9207	976	16	state	state	NOUN
cjal-9207	976	17	institutions	institution	NOUN
cjal-9207	976	18	in	in	ADP
cjal-9207	976	19	the	the	DET
cjal-9207	976	20	anti	anti	NOUN
cjal-9207	976	21	-	-	NOUN
cjal-9207	976	22	corruption	corruption	ADJ
cjal-9207	976	23	,	,	PUNCT
cjal-9207	976	24	legal	legal	ADJ
cjal-9207	976	25	system	system	NOUN
cjal-9207	976	26	,	,	PUNCT
cjal-9207	976	27	and	and	CCONJ
cjal-9207	976	28	press	press	NOUN
cjal-9207	976	29	sectors	sector	NOUN
cjal-9207	976	30	.	.	PUNCT
cjal-9207	977	1	under	under	ADP
cjal-9207	977	2	this	this	DET
cjal-9207	977	3	conception	conception	NOUN
cjal-9207	977	4	,	,	PUNCT
cjal-9207	977	5	minority	minority	NOUN
cjal-9207	977	6	public	public	ADJ
cjal-9207	977	7	shareholders	shareholder	NOUN
cjal-9207	977	8	,	,	PUNCT
cjal-9207	977	9	newly	newly	ADV
cjal-9207	977	10	-	-	PUNCT
cjal-9207	977	11	empowered	empowered	ADJ
cjal-9207	977	12	,	,	PUNCT
cjal-9207	977	13	would	would	AUX
cjal-9207	977	14	support	support	VERB
cjal-9207	977	15	the	the	DET
cjal-9207	977	16	central	central	ADJ
cjal-9207	977	17	party	party	NOUN
cjal-9207	977	18	-	-	PUNCT
cjal-9207	977	19	state	state	NOUN
cjal-9207	977	20	in	in	ADP
cjal-9207	977	21	its	its	PRON
cjal-9207	977	22	governance	governance	NOUN
cjal-9207	977	23	of	of	ADP
cjal-9207	977	24	local	local	ADJ
cjal-9207	977	25	-	-	PUNCT
cjal-9207	977	26	level	level	NOUN
cjal-9207	977	27	political	political	ADJ
cjal-9207	977	28	economic	economic	ADJ
cjal-9207	977	29	poweri	poweri	NOUN
cjal-9207	977	30	;	;	PUNCT
cjal-9207	977	31	,	,	PUNCT
cjal-9207	977	32	much	much	ADV
cjal-9207	977	33	as	as	SCONJ
cjal-9207	977	34	the	the	DET
cjal-9207	977	35	private	private	ADJ
cjal-9207	977	36	right	right	NOUN
cjal-9207	977	37	of	of	ADP
cjal-9207	977	38	action	action	NOUN
cjal-9207	977	39	in	in	ADP
cjal-9207	977	40	other	other	ADJ
cjal-9207	977	41	political	political	ADJ
cjal-9207	977	42	economies	economy	NOUN
cjal-9207	977	43	creates	create	VERB
cjal-9207	977	44	pri\'ate	pri\'ate	NOUN
cjal-9207	977	45	attorneys	attorney	NOUN
cjal-9207	977	46	general	general	ADJ
cjal-9207	977	47	that	that	PRON
cjal-9207	977	48	aid	aid	NOUN
cjal-9207	977	49	state	state	NOUN
cjal-9207	977	50	enforcement	enforcement	NOUN
cjal-9207	977	51	.	.	PUNCT
cjal-9207	978	1	assuming	assume	VERB
cjal-9207	978	2	the	the	DET
cjal-9207	978	3	communist	communist	PROPN
cjal-9207	978	4	party	party	PROPN
cjal-9207	978	5	in	in	ADP
cjal-9207	978	6	china	china	PROPN
cjal-9207	978	7	does	do	AUX
cjal-9207	978	8	support	support	VERB
cjal-9207	978	9	some	some	DET
cjal-9207	978	10	kind	kind	NOUN
cjal-9207	978	11	of	of	ADP
cjal-9207	978	12	minority	minority	NOUN
cjal-9207	978	13	public	public	ADJ
cjal-9207	978	14	shareholder	shareholder	NOUN
cjal-9207	978	15	empowerment	empowerment	NOUN
cjal-9207	978	16	,	,	PUNCT
cjal-9207	978	17	there	there	PRON
cjal-9207	978	18	are	be	VERB
cjal-9207	978	19	various	various	ADJ
cjal-9207	978	20	ways	way	NOUN
cjal-9207	978	21	in	in	ADP
cjal-9207	978	22	which	which	PRON
cjal-9207	978	23	it	it	PRON
cjal-9207	978	24	can	can	AUX
cjal-9207	978	25	implement	implement	VERB
cjal-9207	978	26	that	that	DET
cjal-9207	978	27	goal	goal	NOUN
cjal-9207	978	28	including	include	VERB
cjal-9207	978	29	:	:	PUNCT
cjal-9207	978	30	straight	straight	ADJ
cjal-9207	978	31	policy	policy	NOUN
cjal-9207	978	32	direction	direction	NOUN
cjal-9207	978	33	;	;	PUNCT
cjal-9207	978	34	policy	policy	NOUN
cjal-9207	978	35	translated	translate	VERB
cjal-9207	978	36	into	into	ADP
cjal-9207	978	37	statutory	statutory	ADJ
cjal-9207	978	38	or	or	CCONJ
cjal-9207	978	39	regulatory	regulatory	ADJ
cjal-9207	978	40	norms	norm	NOUN
cjal-9207	978	41	;	;	PUNCT
cjal-9207	978	42	endorsement	endorsement	NOUN
cjal-9207	978	43	of	of	ADP
cjal-9207	978	44	a	a	DET
cjal-9207	978	45	state	state	NOUN
cjal-9207	978	46	-	-	PUNCT
cjal-9207	978	47	established	establish	VERB
cjal-9207	978	48	quasi	quasi	ADJ
cjal-9207	978	49	-	-	ADJ
cjal-9207	978	50	public	public	ADJ
cjal-9207	978	51	institution	institution	NOUN
cjal-9207	978	52	enabled	enable	VERB
cjal-9207	978	53	to	to	PART
cjal-9207	978	54	act	act	VERB
cjal-9207	978	55	for	for	ADP
cjal-9207	978	56	minority	minority	NOUN
cjal-9207	978	57	public	public	ADJ
cjal-9207	978	58	shareholders	shareholder	NOUN
cjal-9207	978	59	;	;	PUNCT
cjal-9207	978	60	and	and	CCONJ
cjal-9207	978	61	direct	direct	ADJ
cjal-9207	978	62	action	action	NOUN
cjal-9207	978	63	at	at	ADP
cjal-9207	978	64	the	the	DET
cjal-9207	978	65	level	level	NOUN
cjal-9207	978	66	of	of	ADP
cjal-9207	978	67	party	party	NOUN
cjal-9207	978	68	-	-	PUNCT
cjal-9207	978	69	statecontrolled	statecontrolle	VERB
cjal-9207	978	70	firms	firm	NOUN
cjal-9207	978	71	.	.	PUNCT
cjal-9207	979	1	since	since	SCONJ
cjal-9207	979	2	any	any	DET
cjal-9207	979	3	ccp	ccp	PROPN
cjal-9207	979	4	-	-	PUNCT
cjal-9207	979	5	led	lead	VERB
cjal-9207	979	6	overt	overt	ADJ
cjal-9207	979	7	policy	policy	NOUN
cjal-9207	979	8	shift	shift	NOUN
cjal-9207	979	9	would	would	AUX
cjal-9207	979	10	trigger	trigger	VERB
cjal-9207	979	11	immense	immense	ADJ
cjal-9207	979	12	resistance	resistance	NOUN
cjal-9207	979	13	from	from	ADP
cjal-9207	979	14	party	party	NOUN
cjal-9207	979	15	-	-	PUNCT
cjal-9207	979	16	state	state	NOUN
cjal-9207	979	17	-	-	PUNCT
cjal-9207	979	18	controlling	control	VERB
cjal-9207	979	19	shareholders	shareholder	NOUN
cjal-9207	979	20	at	at	ADP
cjal-9207	979	21	both	both	CCONJ
cjal-9207	979	22	central	central	ADJ
cjal-9207	979	23	and	and	CCONJ
cjal-9207	979	24	local	local	ADJ
cjal-9207	979	25	levels	level	NOUN
cjal-9207	979	26	(	(	PUNCT
cjal-9207	979	27	and	and	CCONJ
cjal-9207	979	28	specifically	specifically	ADV
cjal-9207	979	29	the	the	DET
cjal-9207	979	30	human	human	ADJ
cjal-9207	979	31	agents	agent	NOUN
cjal-9207	979	32	who	who	PRON
cjal-9207	979	33	act	act	VERB
cjal-9207	979	34	for	for	ADP
cjal-9207	979	35	them	they	PRON
cjal-9207	979	36	and	and	CCONJ
cjal-9207	979	37	pr	pr	X
cjal-9207	979	38	~	~	NOUN
cjal-9207	979	39	sently	sently	ADV
cjal-9207	979	40	extract	extract	VERB
cjal-9207	979	41	the	the	DET
cjal-9207	979	42	private	private	ADJ
cjal-9207	979	43	benefits	benefit	NOUN
cjal-9207	979	44	of	of	ADP
cjal-9207	979	45	control	control	NOUN
cjal-9207	979	46	)	)	PUNCT
cjal-9207	979	47	,	,	PUNCT
cjal-9207	979	48	i	i	PRON
cjal-9207	979	49	see	see	VERB
cjal-9207	979	50	the	the	DET
cjal-9207	979	51	latter	latter	ADJ
cjal-9207	979	52	two	two	NUM
cjal-9207	979	53	mechamsms	mechamsm	NOUN
cjal-9207	979	54	as	as	ADP
cjal-9207	979	55	the	the	DET
cjal-9207	979	56	most	most	ADV
cjal-9207	979	57	plausible	plausible	ADJ
cjal-9207	979	58	.	.	PUNCT
cjal-9207	980	1	1	1	NUM
cjal-9207	980	2	~	~	SYM
cjal-9207	980	3	7	7	NUM
cjal-9207	980	4	shown	show	VERB
cjal-9207	980	5	for	for	ADP
cjal-9207	980	6	example	example	NOUN
cjal-9207	981	1	b	b	PROPN
cjal-9207	981	2	p	p	X
cjal-9207	981	3	·	·	PROPN
cjal-9207	981	4	d	d	X
cjal-9207	981	5	x	x	X
cjal-9207	981	6	·	·	PUNCT
cjal-9207	981	7	·	·	PUNCT
cjal-9207	981	8	.	.	PUNCT
cjal-9207	981	9	.	.	PUNCT
cjal-9207	982	1	y	y	PROPN
cjal-9207	982	2	resi	resi	PROPN
cjal-9207	982	3	ent	ent	PROPN
cjal-9207	982	4	i	i	PROPN
cjal-9207	982	5	jmpmg	jmpmg	PROPN
cjal-9207	982	6	's	's	PART
cjal-9207	982	7	ongoing	ongoing	ADJ
cjal-9207	982	8	and	and	CCONJ
cjal-9207	982	9	unprecedented	unprecedented	ADJ
cjal-9207	982	10	anti	anti	ADJ
cjal-9207	982	11	-	-	ADJ
cjal-9207	982	12	corruption	corruption	ADJ
cjal-9207	982	13	campaign	campaign	NOUN
cjal-9207	982	14	,	,	PUNCT
cjal-9207	982	15	reflective	reflective	ADJ
cjal-9207	982	16	of	of	ADP
cjal-9207	982	17	the	the	DET
cjal-9207	982	18	ccp	ccp	PROPN
cjal-9207	982	19	'	'	PART
cjal-9207	982	20	fro	fro	NOUN
cjal-9207	982	21	h	h	NOUN
cjal-9207	982	22	.	.	PUNCT
cjal-9207	982	23	s	s	VERB
cjal-9207	982	24	serious	serious	ADJ
cjal-9207	982	25	concern	concern	NOUN
cjal-9207	982	26	for	for	ADP
cjal-9207	982	27	legitimacy	legitimacy	NOUN
cjal-9207	982	28	crisis	crisis	NOUN
cjal-9207	982	29	emanating	emanate	VERB
cjal-9207	982	30	m	m	VERB
cjal-9207	982	31	t	t	NOUN
cjal-9207	982	32	e	e	X
cjal-9207	982	33	massive	massive	ADJ
cjal-9207	982	34	scope	scope	NOUN
cjal-9207	982	35	of	of	ADP
cjal-9207	982	36	corrupt	corrupt	ADJ
cjal-9207	982	37	·	·	PUNCT
cjal-9207	982	38	d	d	X
cjal-9207	982	39	b	b	X
cjal-9207	982	40	f	f	X
cjal-9207	982	41	lli	lli	PROPN
cjal-9207	982	42	100	100	NUM
cjal-9207	982	43	an	an	DET
cjal-9207	982	44	a	a	DET
cjal-9207	982	45	use	use	NOUN
cjal-9207	982	46	o	o	NOUN
cjal-9207	982	47	power	power	NOUN
cjal-9207	982	48	by	by	ADP
cjal-9207	982	49	memberi	memberi	PROPN
cjal-9207	982	50	,	,	PUNCT
cjal-9207	982	51	of	of	ADP
cjal-9207	982	52	the	the	DET
cjal-9207	982	53	party	party	NOUN
cjal-9207	982	54	-	-	PUNCT
cjal-9207	982	55	state	state	NOUN
cjal-9207	982	56	~::r	~::r	NOUN
cjal-9207	982	57	0	0	NUM
cjal-9207	982	58	10;~	10;~	NUM
cjal-9207	982	59	0agp;rattus	0agp;rattus	NUM
cjal-9207	982	60	.	.	PUNCT
cjal-9207	983	1	asd	asd	PROPN
cjal-9207	983	2	osftzotels	osftzotel	NOUN
cjal-9207	983	3	,	,	PUNCT
cjal-9207	983	4	ffith	ffith	NOUN
cjal-9207	983	5	e_campaign	e_campaign	VERB
cjal-9207	983	6	r	r	NOUN
cjal-9207	983	7	~	~	VERB
cjal-9207	983	8	sulted	sulte	VERB
cjal-9207	983	9	with	with	ADP
cjal-9207	983	10	the	the	DET
cjal-9207	983	11	formal	formal	ADJ
cjal-9207	983	12	indictment	indictment	NOUN
cjal-9207	983	13	of	of	ADP
cjal-9207	983	14	more	more	ADJ
cjal-9207	983	15	,	,	PUNCT
cjal-9207	983	16	ar	ar	PROPN
cjal-9207	983	17	y	y	PROPN
cjal-9207	983	18	an	an	DET
cjal-9207	983	19	a	a	DET
cjal-9207	983	20	o	o	NOUN
cjal-9207	983	21	cials	cial	NOUN
cjal-9207	983	22	and	and	CCONJ
cjal-9207	983	23	with	with	ADP
cjal-9207	983	24	m	m	PROPN
cjal-9207	983	25	c	c	X
cjal-9207	983	26	·	·	PUNCT
cjal-9207	983	27	·	·	PUNCT
cjal-9207	983	28	·	·	PUNCT
cjal-9207	983	29	1	1	NUM
cjal-9207	983	30	·	·	SYM
cjal-9207	983	31	•	•	NUM
cjal-9207	983	32	actions	action	NOUN
cjal-9207	983	33	outside	outside	ADP
cjal-9207	983	34	the	the	DET
cjal-9207	983	35	formal	formal	PROPN
cjal-9207	983	36	le	le	X
cjal-9207	983	37	al	al	PROPN
cjal-9207	983	38	8	8	NUM
cjal-9207	983	39	8	8	NUM
cjal-9207	983	40	'	'	PUNCT
cjal-9207	983	41	.	.	PUNCT
cjal-9207	984	1	a	a	DET
cjal-9207	984	2	~	~	PUNCT
cjal-9207	984	3	y	y	PROPN
cjal-9207	984	4	more	more	ADV
cjal-9207	984	5	cp	cp	ADV
cjal-9207	984	6	-	-	ADJ
cjal-9207	984	7	applied	apply	VERB
cjal-9207	984	8	d1rc1p	d1rc1p	NOUN
cjal-9207	984	9	mal	mal	ADJ
cjal-9207	984	10	'	'	PUNCT
cjal-9207	984	11	)	)	PUNCT
cjal-9207	985	1	sem·or	sem·or	NOUN
cjal-9207	985	2	part	part	NOUN
cjal-9207	986	1	i	i	NOUN
cjal-9207	986	2	d	d	PROPN
cjal-9207	986	3	b	b	PROPN
cjal-9207	986	4	g	g	PROPN
cjal-9207	986	5	y	y	PROPN
cjal-9207	986	6	tem	tem	PROPN
cjal-9207	986	7	.	.	PUNCT
cjal-9207	987	1	the	the	DET
cjal-9207	987	2	campaign	campaign	NOUN
cjal-9207	987	3	included	include	VERB
cjal-9207	987	4	action	action	NOUN
cjal-9207	987	5	against	against	ADP
cjal-9207	987	6	even	even	ADV
cjal-9207	987	7	most	most	ADJ
cjal-9207	987	8	y	y	PROPN
cjal-9207	987	9	ea	ea	X
cjal-9207	987	10	ers	er	NOUN
cjal-9207	987	11	,	,	PUNCT
cjal-9207	987	12	mem	mem	X
cjal-9207	987	13	ers	er	NOUN
cjal-9207	987	14	of	of	ADP
cjal-9207	987	15	the	the	DET
cjal-9207	987	16	ccp	ccp	PROPN
cjal-9207	987	17	's	's	PART
cjal-9207	987	18	h	h	PROPN
cjal-9207	987	19	·	·	PUNCT
cjal-9207	987	20	h	h	NOUN
cjal-9207	987	21	t	t	PROPN
cjal-9207	987	22	d	d	X
cjal-9207	987	23	·	·	PUNCT
cjal-9207	987	24	standing	stand	VERB
cjal-9207	987	25	committee	committee	NOUN
cjal-9207	987	26	.	.	PUNCT
cjal-9207	988	1	ig	ig	PRON
cjal-9207	988	2	es	es	VERB
cjal-9207	988	3	ecision	ecision	PROPN
cjal-9207	988	4	-	-	PUNCT
cjal-9207	988	5	mak	mak	NOUN
cjal-9207	988	6	:	:	PUNCT
cjal-9207	988	7	ing	ing	ADJ
cjal-9207	988	8	organ	organ	NOUN
cjal-9207	988	9	-	-	PUNCT
cjal-9207	988	10	the	the	DET
cjal-9207	988	11	politburo	politburo	PROPN
cjal-9207	988	12	2016	2016	NUM
cjal-9207	988	13	]	]	PUNCT
cjal-9207	988	14	minority	minority	NOUN
cjal-9207	988	15	public	public	ADJ
cjal-9207	988	16	shareholders	shareholder	NOUN
cjal-9207	988	17	in	in	ADP
cjal-9207	988	18	china	china	PROPN
cjal-9207	988	19	43	43	NUM
cjal-9207	988	20	quasi	quasi	ADJ
cjal-9207	988	21	-	-	ADJ
cjal-9207	988	22	public	public	ADJ
cjal-9207	988	23	institutions	institution	NOUN
cjal-9207	988	24	for	for	ADP
cjal-9207	988	25	more	more	ADJ
cjal-9207	988	26	than	than	ADP
cjal-9207	988	27	a	a	PRON
cjal-9207	988	28	decade	decade	NOUN
cjal-9207	988	29	,	,	PUNCT
cjal-9207	988	30	scholars	scholar	NOUN
cjal-9207	988	31	observed	observe	VERB
cjal-9207	988	32	the	the	DET
cjal-9207	988	33	viability	viability	NOUN
cjal-9207	988	34	of	of	ADP
cjal-9207	988	35	using	use	VERB
cjal-9207	988	36	statesupported	statesupporte	VERB
cjal-9207	988	37	institutions	institution	NOUN
cjal-9207	988	38	to	to	PART
cjal-9207	988	39	act	act	VERB
cjal-9207	988	40	on	on	ADP
cjal-9207	988	41	behalf	behalf	NOUN
cjal-9207	988	42	of	of	ADP
cjal-9207	988	43	minority	minority	NOUN
cjal-9207	988	44	public	public	ADJ
cjal-9207	988	45	shareholders	shareholder	NOUN
cjal-9207	988	46	,	,	PUNCT
cjal-9207	988	47	especially	especially	ADV
cjal-9207	988	48	in	in	ADP
cjal-9207	988	49	asia	asia	PROPN
cjal-9207	988	50	.	.	PUNCT
cjal-9207	989	1	158	158	NUM
cjal-9207	989	2	for	for	ADP
cjal-9207	989	3	instance	instance	NOUN
cjal-9207	989	4	,	,	PUNCT
cjal-9207	989	5	many	many	ADJ
cjal-9207	989	6	scholars	scholar	NOUN
cjal-9207	989	7	in	in	ADP
cjal-9207	989	8	the	the	DET
cjal-9207	989	9	prc	prc	PROPN
cjal-9207	989	10	,	,	PUNCT
cjal-9207	989	11	greater	great	ADJ
cjal-9207	989	12	china	china	NOUN
cjal-9207	989	13	and	and	CCONJ
cjal-9207	989	14	abroad	abroad	ADV
cjal-9207	989	15	have	have	AUX
cjal-9207	989	16	raised	raise	VERB
cjal-9207	989	17	the	the	DET
cjal-9207	989	18	possibility	possibility	NOUN
cjal-9207	989	19	of	of	ADP
cjal-9207	989	20	china	china	PROPN
cjal-9207	989	21	using	use	VERB
cjal-9207	989	22	a	a	DET
cjal-9207	989	23	mechanism	mechanism	NOUN
cjal-9207	989	24	similar	similar	ADJ
cjal-9207	989	25	to	to	ADP
cjal-9207	989	26	taiwan	taiwan	PROPN
cjal-9207	989	27	's	's	PART
cjal-9207	989	28	securities	security	NOUN
cjal-9207	989	29	and	and	CCONJ
cjal-9207	989	30	futures	future	NOUN
cjal-9207	989	31	investors	investor	NOUN
cjal-9207	989	32	protection	protection	PROPN
cjal-9207	989	33	center	center	PROPN
cjal-9207	989	34	(	(	PUNCT
cjal-9207	989	35	sfipc	sfipc	PROPN
cjal-9207	989	36	)	)	PUNCT
cjal-9207	989	37	,	,	PUNCT
cjal-9207	989	38	designed	design	VERB
cjal-9207	989	39	to	to	PART
cjal-9207	989	40	overcome	overcome	VERB
cjal-9207	989	41	collective	collective	ADJ
cjal-9207	989	42	action	action	NOUN
cjal-9207	989	43	problems	problem	NOUN
cjal-9207	989	44	and	and	CCONJ
cjal-9207	989	45	encourage	encourage	VERB
cjal-9207	989	46	minority	minority	NOUN
cjal-9207	989	47	public	public	ADJ
cjal-9207	989	48	shareholder	shareholder	NOUN
cjal-9207	989	49	participation	participation	NOUN
cjal-9207	989	50	.	.	PUNCT
cjal-9207	990	1	159	159	NUM
cjal-9207	990	2	indeed	indeed	ADV
cjal-9207	990	3	,	,	PUNCT
cjal-9207	990	4	one	one	NUM
cjal-9207	990	5	of	of	ADP
cjal-9207	990	6	the	the	DET
cjal-9207	990	7	considered	consider	VERB
cjal-9207	990	8	amendments	amendment	NOUN
cjal-9207	990	9	to	to	ADP
cjal-9207	990	10	china	china	PROPN
cjal-9207	990	11	's	's	PART
cjal-9207	990	12	2005	2005	NUM
cjal-9207	990	13	securities	security	NOUN
cjal-9207	990	14	law	law	NOUN
cjal-9207	990	15	,	,	PUNCT
cjal-9207	990	16	is	be	AUX
cjal-9207	990	17	the	the	DET
cjal-9207	990	18	establishment	establishment	NOUN
cjal-9207	990	19	of	of	ADP
cjal-9207	990	20	a	a	DET
cjal-9207	990	21	government	government	NOUN
cjal-9207	990	22	-	-	PUNCT
cjal-9207	990	23	sanctioned	sanction	VERB
cjal-9207	990	24	organization	organization	NOUN
cjal-9207	990	25	-	-	PUNCT
cjal-9207	990	26	a	a	DET
cjal-9207	990	27	securities	security	NOUN
cjal-9207	990	28	investors	investor	NOUN
cjal-9207	990	29	protection	protection	PROPN
cjal-9207	990	30	agency	agency	NOUN
cjal-9207	990	31	-	-	PUNCT
cjal-9207	990	32	that	that	PRON
cjal-9207	990	33	will	will	AUX
cjal-9207	990	34	act	act	VERB
cjal-9207	990	35	in	in	ADP
cjal-9207	990	36	advancement	advancement	NOUN
cjal-9207	990	37	of	of	ADP
cjal-9207	990	38	public	public	ADJ
cjal-9207	990	39	shareholders	shareholder	NOUN
cjal-9207	990	40	interests	interest	NOUN
cjal-9207	990	41	.	.	PUNCT
cjal-9207	991	1	it	it	PRON
cjal-9207	991	2	is	be	AUX
cjal-9207	991	3	postulated	postulate	VERB
cjal-9207	991	4	that	that	SCONJ
cjal-9207	991	5	the	the	DET
cjal-9207	991	6	institution	institution	NOUN
cjal-9207	991	7	will	will	AUX
cjal-9207	991	8	hold	hold	VERB
cjal-9207	991	9	minimum	minimum	ADJ
cjal-9207	991	10	shares	share	NOUN
cjal-9207	991	11	in	in	ADP
cjal-9207	991	12	prc	prc	PROPN
cjal-9207	991	13	listed	list	VERB
cjal-9207	991	14	firms	firm	NOUN
cjal-9207	991	15	,	,	PUNCT
cjal-9207	991	16	and	and	CCONJ
cjal-9207	991	17	thus	thus	ADV
cjal-9207	991	18	will	will	AUX
cjal-9207	991	19	have	have	VERB
cjal-9207	991	20	the	the	DET
cjal-9207	991	21	ability	ability	NOUN
cjal-9207	991	22	to	to	PART
cjal-9207	991	23	bring	bring	VERB
cjal-9207	991	24	civil	civil	ADJ
cjal-9207	991	25	claims	claim	NOUN
cjal-9207	991	26	for	for	ADP
cjal-9207	991	27	violations	violation	NOUN
cjal-9207	991	28	of	of	ADP
cjal-9207	991	29	securities	security	NOUN
cjal-9207	991	30	law	law	NOUN
cjal-9207	991	31	and	and	CCONJ
cjal-9207	991	32	regulations	regulation	NOUN
cjal-9207	991	33	in	in	ADP
cjal-9207	991	34	its	its	PRON
cjal-9207	991	35	own	own	ADJ
cjal-9207	991	36	name	name	NOUN
cjal-9207	991	37	on	on	ADP
cjal-9207	991	38	behalf	behalf	NOUN
cjal-9207	991	39	of	of	ADP
cjal-9207	991	40	defrauded	defraud	VERB
cjal-9207	991	41	public	public	ADJ
cjal-9207	991	42	investors	investor	NOUN
cjal-9207	991	43	(	(	PUNCT
cjal-9207	991	44	thus	thus	ADV
cjal-9207	991	45	potentially	potentially	ADV
cjal-9207	991	46	constituting	constitute	VERB
cjal-9207	991	47	a	a	DET
cjal-9207	991	48	form	form	NOUN
cjal-9207	991	49	of	of	ADP
cjal-9207	991	50	securities	security	NOUN
cjal-9207	991	51	group/"class	group/"class	NOUN
cjal-9207	991	52	"	"	PUNCT
cjal-9207	991	53	action	action	NOUN
cjal-9207	991	54	)	)	PUNCT
cjal-9207	991	55	or	or	CCONJ
cjal-9207	991	56	through	through	ADP
cjal-9207	991	57	a	a	DET
cjal-9207	991	58	derivative	derivative	ADJ
cjal-9207	991	59	lawsuit	lawsuit	NOUN
cjal-9207	991	60	.	.	PUNCT
cjal-9207	992	1	160	160	NUM
cjal-9207	992	2	similarly	similarly	ADV
cjal-9207	992	3	,	,	PUNCT
cjal-9207	992	4	proposals	proposal	NOUN
cjal-9207	992	5	in	in	ADP
cjal-9207	992	6	the	the	DET
cjal-9207	992	7	draft	draft	NOUN
cjal-9207	992	8	amendment	amendment	NOUN
cjal-9207	992	9	also	also	ADV
cjal-9207	992	10	point	point	VERB
cjal-9207	992	11	to	to	ADP
cjal-9207	992	12	the	the	DET
cjal-9207	992	13	establishment	establishment	NOUN
cjal-9207	992	14	of	of	ADP
cjal-9207	992	15	a	a	DET
cjal-9207	992	16	national	national	ADJ
cjal-9207	992	17	securities	securities	PROPN
cjal-9207	992	18	investor	investor	PROPN
cjal-9207	992	19	compensation	compensation	PROPN
cjal-9207	992	20	fund	fund	NOUN
cjal-9207	992	21	,	,	PUNCT
cjal-9207	992	22	to	to	PART
cjal-9207	992	23	help	help	VERB
cjal-9207	992	24	compensate	compensate	VERB
cjal-9207	992	25	public	public	ADJ
cjal-9207	992	26	investors	investor	NOUN
cjal-9207	992	27	for	for	ADP
cjal-9207	992	28	unrecovered	unrecovered	ADJ
cjal-9207	992	29	damages	damage	NOUN
cjal-9207	992	30	incurred	incur	VERB
cjal-9207	992	31	due	due	ADP
cjal-9207	992	32	to	to	ADP
cjal-9207	992	33	securities	security	NOUN
cjal-9207	992	34	violations	violation	NOUN
cjal-9207	992	35	and	and	CCONJ
cjal-9207	992	36	consequent	consequent	ADJ
cjal-9207	992	37	court	court	NOUN
cjal-9207	992	38	proceedings	proceeding	NOUN
cjal-9207	992	39	.	.	PUNCT
cjal-9207	993	1	161	161	NUM
cjal-9207	993	2	given	give	VERB
cjal-9207	993	3	the	the	DET
cjal-9207	993	4	current	current	ADJ
cjal-9207	993	5	and	and	CCONJ
cjal-9207	993	6	perhaps	perhaps	ADV
cjal-9207	993	7	historical	historical	ADJ
cjal-9207	993	8	wariness	wariness	NOUN
cjal-9207	993	9	in	in	ADP
cjal-9207	993	10	the	the	DET
cjal-9207	993	11	prc	prc	PROPN
cjal-9207	993	12	regarding	regard	VERB
cjal-9207	993	13	civil	civil	ADJ
cjal-9207	993	14	society	society	NOUN
cjal-9207	993	15	and	and	CCONJ
cjal-9207	993	16	autonomous	autonomous	ADJ
cjal-9207	993	17	institutions	institution	NOUN
cjal-9207	993	18	,	,	PUNCT
cjal-9207	993	19	a	a	DET
cjal-9207	993	20	party	party	NOUN
cjal-9207	993	21	-	-	PUNCT
cjal-9207	993	22	stateendorsed	stateendorse	VERB
cjal-9207	993	23	shareholder	shareholder	NOUN
cjal-9207	993	24	representative	representative	NOUN
cjal-9207	993	25	institution	institution	NOUN
cjal-9207	993	26	is	be	AUX
cjal-9207	993	27	vastly	vastly	ADV
cjal-9207	993	28	more	more	ADV
cjal-9207	993	29	likely	likely	ADJ
cjal-9207	993	30	to	to	PART
cjal-9207	993	31	overcome	overcome	VERB
cjal-9207	993	32	the	the	DET
cjal-9207	993	33	barriers	barrier	NOUN
cjal-9207	993	34	that	that	PRON
cjal-9207	993	35	more	more	ADV
cjal-9207	993	36	private	private	ADJ
cjal-9207	993	37	institutional	institutional	ADJ
cjal-9207	993	38	investors	investor	NOUN
cjal-9207	993	39	and	and	CCONJ
cjal-9207	993	40	social	social	ADJ
cjal-9207	993	41	organizations	organization	NOUN
cjal-9207	993	42	face	face	VERB
cjal-9207	993	43	.	.	PUNCT
cjal-9207	994	1	another	another	DET
cjal-9207	994	2	option	option	NOUN
cjal-9207	994	3	would	would	AUX
cjal-9207	994	4	be	be	AUX
cjal-9207	994	5	for	for	SCONJ
cjal-9207	994	6	the	the	DET
cjal-9207	994	7	party	party	NOUN
cjal-9207	994	8	-	-	PUNCT
cjal-9207	994	9	state	state	NOUN
cjal-9207	994	10	to	to	PART
cjal-9207	994	11	sanction	sanction	VERB
cjal-9207	994	12	the	the	DET
cjal-9207	994	13	operation	operation	NOUN
cjal-9207	994	14	of	of	ADP
cjal-9207	994	15	some	some	DET
cjal-9207	994	16	form	form	NOUN
cjal-9207	994	17	of	of	ADP
cjal-9207	994	18	a	a	DET
cjal-9207	994	19	shareholder	shareholder	NOUN
cjal-9207	994	20	friendly	friendly	ADJ
cjal-9207	994	21	"	"	PUNCT
cjal-9207	994	22	lobby	lobby	NOUN
cjal-9207	994	23	,	,	PUNCT
cjal-9207	994	24	"	"	PUNCT
cjal-9207	994	25	or	or	CCONJ
cjal-9207	994	26	investor	investor	NOUN
cjal-9207	994	27	awareness	awareness	NOUN
cjal-9207	994	28	group	group	NOUN
cjal-9207	994	29	,	,	PUNCT
cjal-9207	994	30	to	to	PART
cjal-9207	994	31	pursue	pursue	VERB
cjal-9207	994	32	less	less	ADV
cjal-9207	994	33	formal	formal	ADJ
cjal-9207	994	34	,	,	PUNCT
cjal-9207	994	35	perhaps	perhaps	ADV
cjal-9207	994	36	more	more	ADJ
cjal-9207	994	37	investoreducation	investoreducation	NOUN
cjal-9207	994	38	-	-	PUNCT
cjal-9207	994	39	oriented	orient	VERB
cjal-9207	994	40	,	,	PUNCT
cjal-9207	994	41	initiatives	initiative	NOUN
cjal-9207	994	42	.	.	PUNCT
cjal-9207	995	1	162	162	NUM
cjal-9207	995	2	indeed	indeed	ADV
cjal-9207	995	3	,	,	PUNCT
cjal-9207	995	4	there	there	PRON
cjal-9207	995	5	is	be	VERB
cjal-9207	995	6	some	some	DET
cjal-9207	995	7	evidence	evidence	NOUN
cjal-9207	995	8	that	that	SCONJ
cjal-9207	995	9	ideas	idea	NOUN
cjal-9207	995	10	related	relate	VERB
cjal-9207	995	11	to	to	ADP
cjal-9207	995	12	"	"	PUNCT
cjal-9207	995	13	government	government	NOUN
cjal-9207	995	14	-organized	-organize	VERB
cjal-9207	995	15	ngos	ngo	NOUN
cjal-9207	995	16	"	"	PUNCT
cjal-9207	995	17	are	be	AUX
cjal-9207	995	18	actually	actually	ADV
cjal-9207	995	19	in	in	ADP
cjal-9207	995	20	conformity	conformity	NOUN
cjal-9207	995	21	108	108	NUM
cjal-9207	995	22	milhaupt	milhaupt	NOUN
cjal-9207	995	23	,	,	PUNCT
cjal-9207	995	24	supra	supra	PROPN
cjal-9207	995	25	note	note	NOUN
cjal-9207	995	26	123	123	NUM
cjal-9207	995	27	,	,	PUNCT
cjal-9207	995	28	at	at	ADP
cjal-9207	995	29	204	204	NUM
cjal-9207	995	30	-	-	SYM
cjal-9207	995	31	05	05	NUM
cjal-9207	995	32	.	.	PROPN
cjal-9207	996	1	159	159	NUM
cjal-9207	996	2	endorsed	endorse	VERB
cjal-9207	996	3	and	and	CCONJ
cjal-9207	996	4	partially	partially	ADV
cjal-9207	996	5	funded	fund	VERB
cjal-9207	996	6	by	by	ADP
cjal-9207	996	7	taiwan	taiwan	PROPN
cjal-9207	996	8	's	's	PART
cjal-9207	996	9	securities	security	NOUN
cjal-9207	996	10	regulator	regulator	NOUN
cjal-9207	996	11	,	,	PUNCT
cjal-9207	996	12	the	the	DET
cjal-9207	996	13	sfipc	sfipc	NOUN
cjal-9207	996	14	holds	hold	VERB
cjal-9207	996	15	1,000	1,000	NUM
cjal-9207	996	16	shares	share	NOUN
cjal-9207	996	17	of	of	ADP
cjal-9207	996	18	each	each	DET
cjal-9207	996	19	public	public	ADJ
cjal-9207	996	20	company	company	NOUN
cjal-9207	996	21	in	in	ADP
cjal-9207	996	22	taiwan	taiwan	PROPN
cjal-9207	996	23	.	.	PUNCT
cjal-9207	997	1	the	the	DET
cjal-9207	997	2	organization	organization	NOUN
cjal-9207	997	3	uses	use	VERB
cjal-9207	997	4	this	this	DET
cjal-9207	997	5	position	position	NOUN
cjal-9207	997	6	to	to	PART
cjal-9207	997	7	strategically	strategically	ADV
cjal-9207	997	8	implement	implement	VERB
cjal-9207	997	9	available	available	ADJ
cjal-9207	997	10	corporate	corporate	ADJ
cjal-9207	997	11	governance	governance	NOUN
cjal-9207	997	12	mechanisms	mechanism	NOUN
cjal-9207	997	13	to	to	PART
cjal-9207	997	14	promote	promote	VERB
cjal-9207	997	15	the	the	DET
cjal-9207	997	16	interests	interest	NOUN
cjal-9207	997	17	of	of	ADP
cjal-9207	997	18	minority	minority	NOUN
cjal-9207	997	19	public	public	ADJ
cjal-9207	997	20	shareholders	shareholder	NOUN
cjal-9207	997	21	.	.	PUNCT
cjal-9207	998	1	specifically	specifically	ADV
cjal-9207	998	2	,	,	PUNCT
cjal-9207	998	3	the	the	DET
cjal-9207	998	4	sfipc	sfipc	NOUN
cjal-9207	998	5	files	file	VERB
cjal-9207	998	6	derivative	derivative	ADJ
cjal-9207	998	7	and	and	CCONJ
cjal-9207	998	8	classaction	classaction	NOUN
cjal-9207	998	9	suits	suit	NOUN
cjal-9207	998	10	against	against	ADP
cjal-9207	998	11	insiders	insider	NOUN
cjal-9207	998	12	,	,	PUNCT
cjal-9207	998	13	functions	function	NOUN
cjal-9207	998	14	as	as	ADP
cjal-9207	998	15	a	a	DET
cjal-9207	998	16	mediation	mediation	NOUN
cjal-9207	998	17	center	center	NOUN
cjal-9207	998	18	for	for	ADP
cjal-9207	998	19	investors	investor	NOUN
cjal-9207	998	20	'	'	PART
cjal-9207	998	21	disputes	dispute	NOUN
cjal-9207	998	22	,	,	PUNCT
cjal-9207	998	23	operates	operate	VERB
cjal-9207	998	24	a	a	DET
cjal-9207	998	25	protection	protection	NOUN
cjal-9207	998	26	fund	fund	NOUN
cjal-9207	998	27	to	to	PART
cjal-9207	998	28	compensate	compensate	VERB
cjal-9207	998	29	unobtainable	unobtainable	ADJ
cjal-9207	998	30	investors	investor	NOUN
cjal-9207	998	31	'	'	PART
cjal-9207	998	32	losses	loss	NOUN
cjal-9207	998	33	,	,	PUNCT
cjal-9207	998	34	and	and	CCONJ
cjal-9207	998	35	is	be	AUX
cjal-9207	998	36	also	also	ADV
cjal-9207	998	37	authorized	authorize	VERB
cjal-9207	998	38	to	to	PART
cjal-9207	998	39	enforce	enforce	VERB
cjal-9207	998	40	profit	profit	NOUN
cjal-9207	998	41	disgorgement	disgorgement	NOUN
cjal-9207	998	42	cases	case	NOUN
cjal-9207	998	43	.	.	PUNCT
cjal-9207	999	1	see	see	VERB
cjal-9207	999	2	wang	wang	PROPN
cjal-9207	999	3	wallace	wallace	PROPN
cjal-9207	999	4	,	,	PUNCT
cjal-9207	999	5	w.y	w.y	PROPN
cjal-9207	999	6	.	.	PROPN
cjal-9207	1000	1	and	and	CCONJ
cjal-9207	1000	2	chen	chen	PROPN
cjal-9207	1000	3	j.	j.	PROPN
cjal-9207	1000	4	,	,	PUNCT
cjal-9207	1000	5	ref	ref	AUX
cjal-9207	1000	6	orming	orme	VERB
cjal-9207	1000	7	china	china	PROPN
cjal-9207	1000	8	's	's	PART
cjal-9207	1000	9	securities	security	NOUN
cjal-9207	1000	10	civil	civil	VERB
cjal-9207	1000	11	a	a	DET
cjal-9207	1000	12	ctions	ction	NOUN
cjal-9207	1000	13	:	:	PUNCT
cjal-9207	1000	14	lessons	lesson	NOUN
cjal-9207	1000	15	from	from	ADP
cjal-9207	1000	16	us	we	PRON
cjal-9207	1000	17	's	's	PART
cjal-9207	1000	18	pslra	pslra	NOUN
cjal-9207	1000	19	reform	reform	NOUN
cjal-9207	1000	20	and	and	CCONJ
cjal-9207	1000	21	taiwan	taiwan	PROPN
cjal-9207	1000	22	's	's	PART
cjal-9207	1000	23	government	government	NOUN
cjal-9207	1000	24	sanctioned	sanction	VERB
cjal-9207	1000	25	non	non	ADJ
cjal-9207	1000	26	-	-	ADJ
cjal-9207	1000	27	profit	profit	ADJ
cjal-9207	1000	28	organization	organization	NOUN
cjal-9207	1000	29	,	,	PUNCT
cjal-9207	1000	30	21	21	NUM
cjal-9207	1000	31	colum	colum	NOUN
cjal-9207	1000	32	.	.	PUNCT
cjal-9207	1001	1	j.	j.	PROPN
cjal-9207	1001	2	asian	asian	PROPN
cjal-9207	1001	3	.	.	PUNCT
cjal-9207	1002	1	l.	l.	PROPN
cjal-9207	1002	2	115	115	NUM
cjal-9207	1002	3	(	(	PUNCT
cjal-9207	1002	4	2008	2008	NUM
cjal-9207	1002	5	)	)	PUNCT
cjal-9207	1002	6	.	.	PUNCT
cjal-9207	1003	1	100	100	NUM
cjal-9207	1003	2	see	see	VERB
cjal-9207	1003	3	china	china	PROPN
cjal-9207	1003	4	securities	securities	PROPN
cjal-9207	1003	5	regulatory	regulatory	PROPN
cjal-9207	1003	6	commission	commission	PROPN
cjal-9207	1003	7	,	,	PUNCT
cjal-9207	1003	8	revised	revise	VERB
cjal-9207	1003	9	draft	draft	NOUN
cjal-9207	1003	10	for	for	ADP
cjal-9207	1003	11	proposed	propose	VERB
cjal-9207	1003	12	amendments	amendment	NOUN
cjal-9207	1003	13	to	to	ADP
cjal-9207	1003	14	the	the	DET
cjal-9207	1003	15	prc	prc	PROPN
cjal-9207	1003	16	securities	security	NOUN
cjal-9207	1003	17	law	law	NOUN
cjal-9207	1003	18	,	,	PUNCT
cjal-9207	1003	19	arts	art	NOUN
cjal-9207	1003	20	.	.	PUNCT
cjal-9207	1004	1	144	144	NUM
cjal-9207	1004	2	,	,	PUNCT
cjal-9207	1004	3	14	14	NUM
cjal-9207	1004	4	7	7	NUM
cjal-9207	1004	5	(	(	PUNCT
cjal-9207	1004	6	informal	informal	ADJ
cjal-9207	1004	7	copy	copy	NOUN
cjal-9207	1004	8	on	on	ADP
cjal-9207	1004	9	file	file	NOUN
cjal-9207	1004	10	with	with	ADP
cjal-9207	1004	11	the	the	DET
cjal-9207	1004	12	author	author	NOUN
cjal-9207	1004	13	)	)	PUNCT
cjal-9207	1004	14	.	.	PUNCT
cjal-9207	1005	1	1a1	1a1	NUM
cjal-9207	1005	2	i	i	PROPN
cjal-9207	1005	3	d.	d.	PROPN
cjal-9207	1005	4	arts	arts	PROPN
cjal-9207	1005	5	.	.	PUNCT
cjal-9207	1006	1	141	141	NUM
cjal-9207	1006	2	,	,	PUNCT
cjal-9207	1006	3	142	142	NUM
cjal-9207	1006	4	.	.	PUNCT
cjal-9207	1007	1	the	the	DET
cjal-9207	1007	2	operation	operation	NOUN
cjal-9207	1007	3	and	and	CCONJ
cjal-9207	1007	4	funding	funding	NOUN
cjal-9207	1007	5	of	of	ADP
cjal-9207	1007	6	which	which	PRON
cjal-9207	1007	7	is	be	AUX
cjal-9207	1007	8	unspecified	unspecified	ADJ
cjal-9207	1007	9	in	in	ADP
cjal-9207	1007	10	the	the	DET
cjal-9207	1007	11	draft	draft	NOUN
cjal-9207	1007	12	,	,	PUNCT
cjal-9207	1007	13	presumably	presumably	ADV
cjal-9207	1007	14	these	these	DET
cjal-9207	1007	15	public	public	ADJ
cjal-9207	1007	16	-	-	PUNCT
cjal-9207	1007	17	shareholder	shareholder	NOUN
cjal-9207	1007	18	-	-	PUNCT
cjal-9207	1007	19	interest	interest	NOUN
cjal-9207	1007	20	organizations	organization	NOUN
cjal-9207	1007	21	will	will	AUX
cjal-9207	1007	22	be	be	AUX
cjal-9207	1007	23	funded	fund	VERB
cjal-9207	1007	24	by	by	ADP
cjal-9207	1007	25	a	a	DET
cjal-9207	1007	26	form	form	NOUN
cjal-9207	1007	27	of"tax	of"tax	NOUN
cjal-9207	1007	28	"	"	PUNCT
cjal-9207	1007	29	levied	levy	VERB
cjal-9207	1007	30	on	on	ADP
cjal-9207	1007	31	securities	security	NOUN
cjal-9207	1007	32	companies	company	NOUN
cjal-9207	1007	33	,	,	PUNCT
cjal-9207	1007	34	as	as	ADP
cjal-9207	1007	35	in	in	ADP
cjal-9207	1007	36	taiwan	taiwan	PROPN
cjal-9207	1007	37	's	's	PART
cjal-9207	1007	38	sficp	sficp	ADJ
cjal-9207	1007	39	model	model	NOUN
cjal-9207	1007	40	.	.	PUNCT
cjal-9207	1008	1	162	162	NUM
cjal-9207	1008	2	for	for	ADP
cjal-9207	1008	3	example	example	NOUN
cjal-9207	1008	4	,	,	PUNCT
cjal-9207	1008	5	one	one	NUM
cjal-9207	1008	6	possible	possible	ADJ
cjal-9207	1008	7	and	and	CCONJ
cjal-9207	1008	8	already	already	ADV
cjal-9207	1008	9	existing	exist	VERB
cjal-9207	1008	10	venue	venue	NOUN
cjal-9207	1008	11	for	for	ADP
cjal-9207	1008	12	that	that	PRON
cjal-9207	1008	13	is	be	AUX
cjal-9207	1008	14	the	the	DET
cjal-9207	1008	15	securities	security	NOUN
cjal-9207	1008	16	association	association	PROPN
cjal-9207	1008	17	of	of	ADP
cjal-9207	1008	18	china	china	PROPN
cjal-9207	1008	19	-	-	PUNCT
cjal-9207	1008	20	a	a	DET
cjal-9207	1008	21	nonprofit	nonprofit	NOUN
cjal-9207	1008	22	,	,	PUNCT
cjal-9207	1008	23	defined	define	VERB
cjal-9207	1008	24	as	as	ADP
cjal-9207	1008	25	a	a	DET
cjal-9207	1008	26	"	"	PUNCT
cjal-9207	1008	27	self	self	NOUN
cjal-9207	1008	28	-	-	PUNCT
cjal-9207	1008	29	regulatory	regulatory	ADJ
cjal-9207	1008	30	organization	organization	NOUN
cjal-9207	1008	31	"	"	PUNCT
cjal-9207	1008	32	but	but	CCONJ
cjal-9207	1008	33	which	which	DET
cjal-9207	1008	34	functions	function	NOUN
cjal-9207	1008	35	under	under	ADP
cjal-9207	1008	36	the	the	DET
cjal-9207	1008	37	guidance	guidance	NOUN
cjal-9207	1008	38	and	and	CCONJ
cjal-9207	1008	39	supervision	supervision	NOUN
cjal-9207	1008	40	of	of	ADP
cjal-9207	1008	41	csrc	csrc	NOUN
cjal-9207	1008	42	and	and	CCONJ
cjal-9207	1008	43	the	the	DET
cjal-9207	1008	44	ministry	ministry	PROPN
cjal-9207	1008	45	of	of	ADP
cjal-9207	1008	46	civil	civil	ADJ
cjal-9207	1008	47	affairs	affair	NOUN
cjal-9207	1008	48	.	.	PUNCT
cjal-9207	1009	1	introduction	introduction	NOUN
cjal-9207	1009	2	to	to	ADP
cjal-9207	1009	3	sac	sac	VERB
cjal-9207	1009	4	,	,	PUNCT
cjal-9207	1009	5	sec	sec	PROPN
cjal-9207	1009	6	.	.	PUNCT
cjal-9207	1010	1	ass'n	ass'n	PROPN
cjal-9207	1010	2	of	of	ADP
cjal-9207	1010	3	china	china	PROPN
cjal-9207	1010	4	,	,	PUNCT
cjal-9207	1010	5	http://www.sac.net.cn/en/about_us/introduction	http://www.sac.net.cn/en/about_us/introduction	NOUN
cjal-9207	1010	6	_	_	PUNCT
cjal-9207	1010	7	to_sac	to_sac	PROPN
cjal-9207	1010	8	qast	qast	PROPN
cjal-9207	1010	9	visited	visit	VERB
cjal-9207	1010	10	dec	dec	PROPN
cjal-9207	1010	11	.	.	PROPN
cjal-9207	1010	12	6	6	NUM
cjal-9207	1010	13	,	,	PUNCT
cjal-9207	1010	14	2015	2015	NUM
cjal-9207	1010	15	)	)	PUNCT
cjal-9207	1010	16	.	.	PUNCT
cjal-9207	1011	1	44	44	NUM
cjal-9207	1011	2	c	c	NOUN
cjal-9207	1011	3	olumbia	olumbia	NOUN
cjal-9207	1011	4	j	j	PROPN
cjal-9207	1011	5	ournal	ournal	NOUN
cjal-9207	1011	6	of	of	ADP
cjal-9207	1011	7	asian	asian	ADJ
cjal-9207	1011	8	law	law	NOUN
cjal-9207	1011	9	[	[	X
cjal-9207	1011	10	vol	vol	NOUN
cjal-9207	1011	11	.	.	PUNCT
cjal-9207	1012	1	30:1	30:1	NUM
cjal-9207	1012	2	with	with	ADP
cjal-9207	1012	3	the	the	DET
cjal-9207	1012	4	party	party	NOUN
cjal-9207	1012	5	's	's	PART
cjal-9207	1012	6	developm	developm	NOUN
cjal-9207	1012	7	en	en	ADP
cjal-9207	1012	8	t	t	X
cjal-9207	1012	9	pl	pl	X
cjal-9207	1012	10	ans	ans	X
cjal-9207	1012	11	.	.	PUNCT
cjal-9207	1013	1	163	163	NUM
cjal-9207	1013	2	of	of	ADP
cjal-9207	1013	3	course	course	NOUN
cjal-9207	1013	4	,	,	PUNCT
cjal-9207	1013	5	the	the	DET
cjal-9207	1013	6	ability	ability	NOUN
cjal-9207	1013	7	o~	o~	SYM
cjal-9207	1013	8	th	th	NUM
cjal-9207	1013	9	~	~	PROPN
cjal-9207	1013	10	se	se	X
cjal-9207	1013	11	institutions	institution	NOUN
cjal-9207	1013	12	to	to	PART
cjal-9207	1013	13	safeguard	safeguard	VERB
cjal-9207	1013	14	and	and	CCONJ
cjal-9207	1013	15	promote	promote	VERB
cjal-9207	1013	16	t	t	NOUN
cjal-9207	1013	17	he	he	PRON
cjal-9207	1013	18	specific	specific	ADJ
cjal-9207	1013	19	interests	interest	NOUN
cjal-9207	1013	20	of	of	ADP
cjal-9207	1013	21	mmonty	mmonty	ADJ
cjal-9207	1013	22	public	public	ADJ
cjal-9207	1013	23	shareholders	shareholder	NOUN
cjal-9207	1013	24	depend	depend	VERB
cjal-9207	1013	25	s	s	PRON
cjal-9207	1013	26	highl	highl	NOUN
cjal-9207	1013	27	y	y	PROPN
cjal-9207	1013	28	on	on	ADP
cjal-9207	1013	29	the	the	DET
cjal-9207	1013	30	degree	degree	NOUN
cjal-9207	1013	31	of	of	ADP
cjal-9207	1013	32	independence	independence	NOUN
cjal-9207	1013	33	they	they	PRON
cjal-9207	1013	34	will	will	AUX
cjal-9207	1013	35	enjoy	enjoy	VERB
cjal-9207	1013	36	in	in	ADP
cjal-9207	1013	37	pr	pr	NOUN
cjal-9207	1013	38	actic	actic	ADJ
cjal-9207	1013	39	e	e	NOUN
cjal-9207	1013	40	.	.	PUNCT
cjal-9207	1014	1	thu	thu	PROPN
cjal-9207	1014	2	s	s	PROPN
cjal-9207	1014	3	,	,	PUNCT
cjal-9207	1014	4	for	for	ADP
cjal-9207	1014	5	exa	exa	PROPN
cjal-9207	1014	6	mple	mple	PROPN
cjal-9207	1014	7	,	,	PUNCT
cjal-9207	1014	8	legal	legal	ADJ
cjal-9207	1014	9	arrangements	arrangement	NOUN
cjal-9207	1014	10	for	for	ADP
cjal-9207	1014	11	independent	independent	ADJ
cjal-9207	1014	12	funding	funding	NOUN
cjal-9207	1014	13	(	(	PUNCT
cjal-9207	1014	14	thr	thr	INTJ
cjal-9207	1014	15	ou	ou	ADP
cjal-9207	1014	16	gh	gh	PROPN
cjal-9207	1014	17	e	e	PROPN
cjal-9207	1014	18	.g	.g	PROPN
cjal-9207	1014	19	.	.	PUNCT
cjal-9207	1015	1	a	a	DET
cjal-9207	1015	2	type	type	NOUN
cjal-9207	1015	3	of	of	ADP
cjal-9207	1015	4	tax	tax	NOUN
cjal-9207	1015	5	levied	levy	VERB
cjal-9207	1015	6	on	on	ADP
cjal-9207	1015	7	securities	security	NOUN
cjal-9207	1015	8	companie	companie	PROPN
cjal-9207	1015	9	s	s	PROPN
cjal-9207	1015	10	)	)	PUNCT
cjal-9207	1015	11	and	and	CCONJ
cjal-9207	1015	12	th	th	X
cjal-9207	1015	13	e	e	PROPN
cjal-9207	1015	14	appointm	appointm	PROPN
cjal-9207	1015	15	en	en	PROPN
cjal-9207	1015	16	t	t	PROPN
cjal-9207	1015	17	of	of	ADP
cjal-9207	1015	18	expert	expert	NOUN
cjal-9207	1015	19	managers	manager	NOUN
cjal-9207	1015	20	outside	outside	ADP
cjal-9207	1015	21	the	the	DET
cjal-9207	1015	22	party	party	NOUN
cjal-9207	1015	23	state	state	PROPN
cjal-9207	1015	24	bureaucracy	bureaucracy	PROPN
cjal-9207	1015	25	ar	ar	PROPN
cjal-9207	1015	26	e	e	PROPN
cjal-9207	1015	27	cru	cru	PROPN
cjal-9207	1015	28	cia	cia	PROPN
cjal-9207	1015	29	l	l	PROPN
cjal-9207	1015	30	for	for	ADP
cjal-9207	1015	31	t	t	PROPN
cjal-9207	1015	32	heir	heir	NOUN
cjal-9207	1015	33	success	success	NOUN
cjal-9207	1015	34	.	.	PUNCT
cjal-9207	1016	1	firm	firm	ADJ
cjal-9207	1016	2	level	level	NOUN
cjal-9207	1016	3	intervention	intervention	NOUN
cjal-9207	1016	4	a	a	DET
cjal-9207	1016	5	more	more	ADV
cjal-9207	1016	6	direct	direct	ADJ
cjal-9207	1016	7	chann	chann	PROPN
cjal-9207	1016	8	el	el	PROPN
cjal-9207	1016	9	for	for	ADP
cjal-9207	1016	10	t	t	PROPN
cjal-9207	1017	1	he	he	PRON
cjal-9207	1017	2	p	p	PROPN
cjal-9207	1017	3	arty	arty	ADJ
cjal-9207	1017	4	to	to	PART
cjal-9207	1017	5	act	act	VERB
cjal-9207	1017	6	on	on	ADP
cjal-9207	1017	7	behalf	behalf	NOUN
cjal-9207	1017	8	of	of	ADP
cjal-9207	1017	9	minority	minority	NOUN
cjal-9207	1017	10	public	public	ADJ
cjal-9207	1017	11	shar	shar	PROPN
cjal-9207	1017	12	ehold	ehold	PROPN
cjal-9207	1018	1	er	er	INTJ
cjal-9207	1018	2	s	s	VERB
cjal-9207	1018	3	exist	exist	NOUN
cjal-9207	1018	4	s	s	VERB
cjal-9207	1018	5	through	through	ADP
cjal-9207	1018	6	th	th	X
cjal-9207	1018	7	e	e	X
cjal-9207	1018	8	p	p	PROPN
cjal-9207	1018	9	arty	arty	PROPN
cjal-9207	1018	10	's	's	PART
cjal-9207	1018	11	formal	formal	ADJ
cjal-9207	1018	12	and	and	CCONJ
cjal-9207	1018	13	informal	informal	ADJ
cjal-9207	1018	14	roles	role	NOUN
cjal-9207	1018	15	within	within	ADP
cjal-9207	1018	16	prc	prc	PROPN
cjal-9207	1018	17	listed	list	VERB
cjal-9207	1018	18	firms	firm	NOUN
cjal-9207	1018	19	.	.	PUNCT
cjal-9207	1019	1	th	th	X
cjal-9207	1019	2	e	e	X
cjal-9207	1019	3	prc	prc	PROPN
cjal-9207	1019	4	comp	comp	VERB
cjal-9207	1019	5	any	any	DET
cjal-9207	1019	6	law	law	NOUN
cjal-9207	1019	7	itself	itself	PRON
cjal-9207	1019	8	explicitly	explicitly	ADV
cjal-9207	1019	9	confers	confer	VERB
cjal-9207	1019	10	a	a	DET
cjal-9207	1019	11	role	role	NOUN
cjal-9207	1019	12	on	on	ADP
cjal-9207	1019	13	a	a	DET
cjal-9207	1019	14	party	party	NOUN
cjal-9207	1019	15	committe	committe	NOUN
cjal-9207	1019	16	e	e	PROPN
cjal-9207	1019	17	es	es	ADP
cjal-9207	1019	18	tabli	tabli	NOUN
cjal-9207	1019	19	shed	shed	VERB
cjal-9207	1019	20	within	within	ADP
cjal-9207	1019	21	any	any	DET
cjal-9207	1019	22	prc	prc	PROPN
cjal-9207	1019	23	-domiciled	-domicile	VERB
cjal-9207	1019	24	company	company	NOUN
cjal-9207	1019	25	,	,	PUNCT
cjal-9207	1019	26	164	164	NUM
cjal-9207	1019	27	and	and	CCONJ
cjal-9207	1019	28	thu	thu	PROPN
cjal-9207	1019	29	s	s	PART
cjal-9207	1019	30	creates	create	VERB
cjal-9207	1019	31	a	a	DET
cjal-9207	1019	32	legal	legal	ADJ
cjal-9207	1019	33	bas	bas	NOUN
cjal-9207	1019	34	is	be	AUX
cjal-9207	1019	35	for	for	ADP
cjal-9207	1019	36	p	p	PROPN
cjal-9207	1019	37	arty	arty	ADJ
cjal-9207	1019	38	involvement	involvement	NOUN
cjal-9207	1019	39	in	in	ADP
cjal-9207	1019	40	listed	list	VERB
cjal-9207	1019	41	firms	firm	NOUN
cjal-9207	1019	42	'	'	PART
cjal-9207	1019	43	operation	operation	NOUN
cjal-9207	1019	44	s	s	PART
cjal-9207	1019	45	.	.	PUNCT
cjal-9207	1020	1	also	also	ADV
cjal-9207	1020	2	,	,	PUNCT
cjal-9207	1020	3	as	as	SCONJ
cjal-9207	1020	4	noted	note	VERB
cjal-9207	1020	5	above	above	ADV
cjal-9207	1020	6	,	,	PUNCT
cjal-9207	1020	7	th	th	X
cjal-9207	1020	8	e	e	X
cjal-9207	1020	9	p	p	PROPN
cjal-9207	1020	10	arty	arty	PROPN
cjal-9207	1020	11	's	's	PART
cjal-9207	1020	12	personnel	personnel	NOUN
cjal-9207	1020	13	management	management	NOUN
cjal-9207	1020	14	system	system	NOUN
cjal-9207	1020	15	allow	allow	VERB
cjal-9207	1020	16	s	s	PRON
cjal-9207	1020	17	it	it	PRON
cjal-9207	1020	18	t	t	NOUN
cjal-9207	1021	1	o	o	INTJ
cjal-9207	1021	2	dir	dir	X
cjal-9207	1021	3	ect	ect	VERB
cjal-9207	1021	4	th	th	X
cjal-9207	1021	5	e	e	NOUN
cjal-9207	1021	6	corpo	corpo	NOUN
cjal-9207	1021	7	rate	rate	NOUN
cjal-9207	1021	8	decision	decision	NOUN
cjal-9207	1021	9	-	-	PUNCT
cjal-9207	1021	10	making	make	VERB
cjal-9207	1021	11	process	process	NOUN
cjal-9207	1021	12	through	through	ADP
cjal-9207	1021	13	the	the	DET
cjal-9207	1021	14	appointment	appointment	NOUN
cjal-9207	1021	15	and	and	CCONJ
cjal-9207	1021	16	ad	ad	PROPN
cjal-9207	1021	17	va	va	PROPN
cjal-9207	1021	18	ncemen	ncemen	PROPN
cjal-9207	1021	19	t	t	PROPN
cjal-9207	1021	20	of	of	ADP
cjal-9207	1021	21	directors	director	NOUN
cjal-9207	1021	22	and	and	CCONJ
cjal-9207	1021	23	managers	manager	NOUN
cjal-9207	1021	24	at	at	ADP
cjal-9207	1021	25	statecontrolled	statecontrolle	VERB
cjal-9207	1021	26	prc	prc	PROPN
cjal-9207	1021	27	li	li	PROPN
cjal-9207	1021	28	st	st	PROPN
cjal-9207	1021	29	ed	ed	PROPN
cjal-9207	1021	30	compani	compani	PROPN
cjal-9207	1021	31	es	es	PROPN
cjal-9207	1021	32	.	.	PROPN
cjal-9207	1021	33	165	165	NUM
cjal-9207	1021	34	hence	hence	ADV
cjal-9207	1021	35	it	it	PRON
cjal-9207	1021	36	is	be	AUX
cjal-9207	1021	37	not	not	PART
cjal-9207	1021	38	impossible	impossible	ADJ
cjal-9207	1021	39	that	that	SCONJ
cjal-9207	1021	40	the	the	DET
cjal-9207	1021	41	party	party	NOUN
cjal-9207	1021	42	will	will	AUX
cjal-9207	1021	43	u	u	PROPN
cjal-9207	1021	44	se	se	VERB
cjal-9207	1022	1	it	it	PRON
cjal-9207	1022	2	s	s	VERB
cjal-9207	1022	3	auth	auth	PROPN
cjal-9207	1022	4	ori	ori	PROPN
cjal-9207	1022	5	ty	ty	INTJ
cjal-9207	1022	6	thr	thr	INTJ
cjal-9207	1022	7	ough	ough	ADV
cjal-9207	1022	8	these	these	DET
cjal-9207	1022	9	venues	venue	NOUN
cjal-9207	1022	10	to	to	PART
cjal-9207	1022	11	push	push	VERB
cjal-9207	1022	12	for	for	ADP
cjal-9207	1022	13	minority	minority	NOUN
cjal-9207	1022	14	shareholder	shareholder	NOUN
cjal-9207	1022	15	prot	prot	NOUN
cjal-9207	1022	16	ection	ection	PROPN
cjal-9207	1022	17	,	,	PUNCT
cjal-9207	1022	18	a	a	DET
cjal-9207	1022	19	nd	nd	NOUN
cjal-9207	1022	20	eve	eve	NOUN
cjal-9207	1022	21	n	n	NOUN
cjal-9207	1022	22	for	for	ADP
cjal-9207	1022	23	greater	great	ADJ
cjal-9207	1022	24	minority	minority	NOUN
cjal-9207	1022	25	shareholders	shareholder	NOUN
cjal-9207	1022	26	'	'	PART
cjal-9207	1022	27	participation	participation	NOUN
cjal-9207	1022	28	in	in	ADP
cjal-9207	1022	29	firm	firm	ADJ
cjal-9207	1022	30	govern	govern	VERB
cjal-9207	1022	31	ance	ance	NOUN
cjal-9207	1022	32	,	,	PUNCT
cjal-9207	1022	33	if	if	SCONJ
cjal-9207	1022	34	party	party	NOUN
cjal-9207	1022	35	policy	policy	NOUN
cjal-9207	1022	36	dictates	dictate	VERB
cjal-9207	1022	37	the	the	DET
cjal-9207	1022	38	need	need	NOUN
cjal-9207	1022	39	for	for	ADP
cjal-9207	1022	40	that	that	PRON
cjal-9207	1022	41	.	.	PUNCT
cjal-9207	1023	1	as	as	ADP
cjal-9207	1023	2	point	point	NOUN
cjal-9207	1023	3	ed	ed	NOUN
cjal-9207	1023	4	abo	abo	PROPN
cjal-9207	1023	5	ve	ve	PROPN
cjal-9207	1023	6	,	,	PUNCT
cjal-9207	1023	7	an	an	DET
cjal-9207	1023	8	immin	immin	NOUN
cjal-9207	1023	9	en	en	PROPN
cjal-9207	1023	10	t	t	PROPN
cjal-9207	1023	11	concern	concern	NOUN
cjal-9207	1023	12	for	for	ADP
cjal-9207	1023	13	grassroots	grassroots	ADJ
cjal-9207	1023	14	party	party	NOUN
cjal-9207	1023	15	legitimacy	legitimacy	NOUN
cjal-9207	1023	16	,	,	PUNCT
cjal-9207	1023	17	inner	inner	ADJ
cjal-9207	1023	18	power	power	NOUN
cjal-9207	1023	19	struggle	struggle	NOUN
cjal-9207	1023	20	s	s	VERB
cjal-9207	1023	21	within	within	ADP
cjal-9207	1023	22	th	th	X
cjal-9207	1023	23	e	e	NOUN
cjal-9207	1023	24	pa	pa	PROPN
cjal-9207	1023	25	r	r	NOUN
cjal-9207	1023	26	ty	ty	NUM
cjal-9207	1023	27	-state	-state	PROPN
cjal-9207	1023	28	hierarchy	hierarchy	NOUN
cjal-9207	1023	29	-	-	PUNCT
cjal-9207	1023	30	especially	especially	ADV
cjal-9207	1023	31	the	the	DET
cjal-9207	1023	32	need	need	NOUN
cjal-9207	1023	33	to	to	PART
cjal-9207	1023	34	battle	battle	VERB
cjal-9207	1023	35	again	again	ADV
cjal-9207	1023	36	st	st	PROPN
cjal-9207	1023	37	int	int	PROPN
cjal-9207	1023	38	ensify	ensify	VERB
cjal-9207	1023	39	in	in	ADP
cjal-9207	1023	40	g	g	PROPN
cjal-9207	1023	41	local	local	ADJ
cjal-9207	1023	42	-level	-level	NOUN
cjal-9207	1023	43	economic	economic	ADJ
cjal-9207	1023	44	and	and	CCONJ
cjal-9207	1023	45	political	political	ADJ
cjal-9207	1023	46	power	power	NOUN
cjal-9207	1023	47	-c	-c	PUNCT
cjal-9207	1023	48	ombin	ombin	ADJ
cjal-9207	1023	49	ed	ed	NOUN
cjal-9207	1023	50	with	with	SCONJ
cjal-9207	1023	51	an	an	DET
cjal-9207	1023	52	ur	ur	INTJ
cjal-9207	1023	53	ge	ge	PROPN
cjal-9207	1023	54	nt	not	PART
cjal-9207	1023	55	need	need	VERB
cjal-9207	1023	56	to	to	PART
cjal-9207	1023	57	find	find	VERB
cjal-9207	1023	58	new	new	ADJ
cjal-9207	1023	59	ways	way	NOUN
cjal-9207	1023	60	to	to	PART
cjal-9207	1023	61	encourage	encourage	VERB
cjal-9207	1023	62	continuous	continuous	ADJ
cjal-9207	1023	63	inve	inve	NOUN
cjal-9207	1023	64	stment	stment	NOUN
cjal-9207	1023	65	into	into	ADP
cjal-9207	1023	66	the	the	DET
cjal-9207	1023	67	pr	pr	NOUN
cjal-9207	1023	68	c	c	PROPN
cjal-9207	1023	69	capital	capital	NOUN
cjal-9207	1023	70	markets	market	NOUN
cjal-9207	1023	71	,	,	PUNCT
cjal-9207	1023	72	all	all	PRON
cjal-9207	1023	73	suggest	suggest	VERB
cjal-9207	1023	74	that	that	SCONJ
cjal-9207	1023	75	the	the	DET
cjal-9207	1023	76	party	party	NOUN
cjal-9207	1023	77	ma	ma	PROPN
cjal-9207	1023	78	y	y	PROPN
cjal-9207	1023	79	opt	opt	VERB
cjal-9207	1023	80	for	for	ADP
cjal-9207	1023	81	minorit	minorit	PROPN
cjal-9207	1023	82	y	y	PROPN
cjal-9207	1023	83	publi	publi	PROPN
cjal-9207	1023	84	c	c	PROPN
cjal-9207	1023	85	shareholder	shareholder	NOUN
cjal-9207	1023	86	empowerment	empowerment	NOUN
cjal-9207	1023	87	even	even	ADV
cjal-9207	1023	88	against	against	ADP
cjal-9207	1023	89	identities	identity	NOUN
cjal-9207	1023	90	wi	wi	PROPN
cjal-9207	1023	91	t	t	PROPN
cjal-9207	1023	92	hin	hin	X
cjal-9207	1023	93	it	it	PRON
cjal-9207	1023	94	s	s	VERB
cjal-9207	1023	95	ow	ow	INTJ
cjal-9207	1023	96	n	n	CCONJ
cjal-9207	1023	97	con	con	NOUN
cjal-9207	1023	98	trolling	trolling	NOUN
cjal-9207	1023	99	apparatus	apparatus	NOUN
cjal-9207	1023	100	(	(	PUNCT
cjal-9207	1023	101	qua	qua	X
cjal-9207	1023	102	dominant	dominant	ADJ
cjal-9207	1023	103	sharehold	sharehold	VERB
cjal-9207	1023	104	er	er	INTJ
cjal-9207	1023	105	s	s	NOUN
cjal-9207	1023	106	)	)	PUNCT
cjal-9207	1023	107	.	.	PUNCT
cjal-9207	1024	1	2	2	X
cjal-9207	1024	2	.	.	X
cjal-9207	1024	3	em	em	PRON
cjal-9207	1024	4	erg	erg	PROPN
cjal-9207	1024	5	ence	ence	NOUN
cjal-9207	1024	6	of	of	ADP
cjal-9207	1024	7	a	a	DET
cjal-9207	1024	8	mar	mar	PROPN
cjal-9207	1024	9	ket	ket	NOUN
cjal-9207	1024	10	for	for	ADP
cjal-9207	1024	11	corporate	corporate	ADJ
cjal-9207	1024	12	control	control	NOUN
cjal-9207	1024	13	within	within	ADP
cjal-9207	1024	14	the	the	DET
cjal-9207	1024	15	controlling	control	VERB
cjal-9207	1024	16	app	app	PROPN
cjal-9207	1024	17	ar	ar	PROPN
cjal-9207	1024	18	at	at	ADP
cjal-9207	1024	19	u	u	PROPN
cjal-9207	1024	20	s	s	VERB
cjal-9207	1024	21	a	a	DET
cjal-9207	1024	22	more	more	ADJ
cjal-9207	1024	23	conceivabl	conceivabl	NOUN
cjal-9207	1024	24	e	e	X
cjal-9207	1024	25	scenari	scenari	PROPN
cjal-9207	1024	26	o	o	PROPN
cjal-9207	1024	27	for	for	ADP
cjal-9207	1024	28	a	a	DET
cjal-9207	1024	29	sh	sh	PROPN
cjal-9207	1024	30	ift	ift	NOUN
cjal-9207	1024	31	in	in	ADP
cjal-9207	1024	32	the	the	DET
cjal-9207	1024	33	powers	power	NOUN
cjal-9207	1024	34	of	of	ADP
cjal-9207	1024	35	minority	minority	NOUN
cjal-9207	1024	36	public	public	NOUN
cjal-9207	1024	37	sharehold	sharehold	VERB
cjal-9207	1024	38	:	:	PUNCT
cjal-9207	1024	39	r	r	NOUN
cjal-9207	1024	40	s	s	PROPN
cjal-9207	1024	41	in	in	ADP
cjal-9207	1024	42	chin	chin	PROPN
cjal-9207	1024	43	a	a	PRON
cjal-9207	1024	44	is	be	AUX
cjal-9207	1024	45	t	t	PROPN
cjal-9207	1024	46	hr	hr	NOUN
cjal-9207	1024	47	ough	ough	PROPN
cjal-9207	1024	48	further	far	ADV
cjal-9207	1024	49	organizational	organizational	ADJ
cjal-9207	1024	50	and	and	CCONJ
cjal-9207	1024	51	legal	legal	ADJ
cjal-9207	1024	52	r	r	NOUN
cjal-9207	1024	53	eform	eform	NOUN
cjal-9207	1024	54	,	,	PUNCT
cjal-9207	1024	55	and	and	CCONJ
cjal-9207	1024	56	the	the	DET
cjal-9207	1024	57	n	n	X
cjal-9207	1024	58	se	se	ADV
cjal-9207	1024	59	of	of	ADP
cjal-9207	1024	60	somethin	somethin	NOUN
cjal-9207	1024	61	g	g	PROPN
cjal-9207	1024	62	lik	lik	PROPN
cjal-9207	1024	63	e	e	PROPN
cjal-9207	1024	64	a	a	DET
cjal-9207	1024	65	m	m	PROPN
cjal-9207	1024	66	ar	ar	NOUN
cjal-9207	1024	67	ket	ket	NOUN
cjal-9207	1024	68	for	for	ADP
cjal-9207	1024	69	corporate	corporate	ADJ
cjal-9207	1024	70	contro	contro	PROPN
cjal-9207	1024	71	l	l	NOUN
cjal-9207	1024	72	even	even	ADV
cjal-9207	1024	73	in	in	ADP
cjal-9207	1024	74	th	th	X
cjal-9207	1024	75	e	e	NOUN
cjal-9207	1024	76	concentrat	concentrat	NOUN
cjal-9207	1024	77	ed	ed	NOUN
cjal-9207	1025	1	pr	pr	PROPN
cjal-9207	1025	2	c	c	PROPN
cjal-9207	1025	3	ma	ma	PROPN
cjal-9207	1025	4	rket	rket	PROPN
cjal-9207	1025	5	.	.	PUNCT
cjal-9207	1026	1	for	for	ADP
cjal-9207	1026	2	in	in	ADP
cjal-9207	1026	3	stanc	stanc	PROPN
cjal-9207	1026	4	e	e	NOUN
cjal-9207	1026	5	,	,	PUNCT
cjal-9207	1026	6	whole	whole	ADJ
cjal-9207	1026	7	sal	sal	NOUN
cjal-9207	1026	8	e	e	X
cjal-9207	1026	9	am	be	AUX
cjal-9207	1026	10	endmen	endman	NOUN
cjal-9207	1026	11	t	t	PROPN
cjal-9207	1026	12	of	of	ADP
cjal-9207	1026	13	t	t	PROPN
cjal-9207	1026	14	h	h	NOUN
cjal-9207	1026	15	e	e	NOUN
cjal-9207	1026	16	200	200	NUM
cjal-9207	1026	17	5	5	NUM
cjal-9207	1026	18	prc	prc	PROPN
cjal-9207	1026	19	securities	security	NOUN
cjal-9207	1026	20	law	law	NOUN
cjal-9207	1026	21	is	be	AUX
cjal-9207	1026	22	currently	currently	ADV
cjal-9207	1026	23	und	und	ADJ
cjal-9207	1026	24	er	er	INTJ
cjal-9207	1026	25	di	di	NOUN
cjal-9207	1026	26	scu	scu	PROPN
cjal-9207	1026	27	ss	ss	PROPN
cjal-9207	1026	28	ion	ion	NOUN
cjal-9207	1026	29	by	by	ADP
cjal-9207	1026	30	the	the	DET
cjal-9207	1026	31	chinese	chinese	ADJ
cjal-9207	1026	32	legis	legis	PROPN
cjal-9207	1026	33	lature	lature	NOUN
cjal-9207	1026	34	.	.	PUNCT
cjal-9207	1027	1	166	166	NUM
cjal-9207	1027	2	this	this	DET
cjal-9207	1027	3	163	163	NUM
cjal-9207	1027	4	jen	jen	PROPN
cjal-9207	1027	5	nifer	nifer	PROPN
cjal-9207	1027	6	y.j	y.j	PROPN
cjal-9207	1027	7	.	.	PROPN
cjal-9207	1027	8	hsu	hsu	PROPN
cjal-9207	1027	9	&	&	CCONJ
cjal-9207	1027	10	reza	reza	PROPN
cjal-9207	1027	11	hasmath	hasmath	VERB
cjal-9207	1027	12	the	the	DET
cjal-9207	1027	13	local	local	ADJ
cjal-9207	1027	14	c	c	PROPN
cjal-9207	1027	15	·	·	PUNCT
cjal-9207	1027	16	in	in	ADP
cjal-9207	1027	17	china	china	PROPN
cjal-9207	1027	18	,	,	PUNCT
cjal-9207	1027	19	23	23	NUM
cjal-9207	1027	20	j.	j.	PROPN
cjal-9207	1027	21	contemp	contemp	PROPN
cjal-9207	1027	22	.	.	PUNCT
cjal-9207	1028	1	china	china	PROPN
cjal-9207	1028	2	516	516	NUM
cjal-9207	1028	3	(	(	PUNCT
cjal-9207	1028	4	2014	2014	NUM
cjal-9207	1028	5	)	)	PUNCT
cjal-9207	1028	6	_	_	PRON
cjal-9207	1028	7	orporatzst	orporatzst	VERB
cjal-9207	1028	8	state	state	NOUN
cjal-9207	1028	9	and	and	CCONJ
cjal-9207	1028	10	sgo	sgo	NOUN
cjal-9207	1028	11	relatio11s	relatio11s	ADP
cjal-9207	1028	12	164	164	NUM
cjal-9207	1028	13	china	china	PROPN
cjal-9207	1028	14	company	company	NOUN
cjal-9207	1028	15	law	law	NOUN
cjal-9207	1028	16	,	,	PUNCT
cjal-9207	1028	17	supra	supra	PROPN
cjal-9207	1028	18	note	note	PROPN
cjal-9207	1028	19	18	18	NUM
cjal-9207	1028	20	,	,	PUNCT
cjal-9207	1028	21	art	art	NOUN
cjal-9207	1028	22	.	.	PUNCT
cjal-9207	1029	1	19	19	NUM
cjal-9207	1029	2	.	.	NOUN
cjal-9207	1029	3	165	165	NUM
cjal-9207	1029	4	see	see	VERB
cjal-9207	1029	5	par	par	PROPN
cjal-9207	1029	6	t	t	PROPN
cjal-9207	1029	7	i.b	i.b	PROPN
cjal-9207	1029	8	.	.	PROPN
cjal-9207	1029	9	l	l	PROPN
cjal-9207	1029	10	supra	supra	PROPN
cjal-9207	1029	11	;	;	PUNCT
cjal-9207	1029	12	h	h	NOUN
cjal-9207	1029	13	owson	owson	NOUN
cjal-9207	1029	14	supra	supra	PROPN
cjal-9207	1029	15	note	note	VERB
cjal-9207	1029	16	25	25	NUM
cjal-9207	1029	17	•	•	NOUN
cjal-9207	1029	18	h	h	NOUN
cjal-9207	1029	19	166	166	NUM
cjal-9207	1029	20	th	th	NOUN
cjal-9207	1029	21	e	e	NOUN
cjal-9207	1029	22	draft	draft	NOUN
cjal-9207	1029	23	was	be	AUX
cjal-9207	1029	24	con	con	PROPN
cjal-9207	1029	25	sider	sider	NOUN
cjal-9207	1029	26	ed	ed	PROPN
cjal-9207	1029	27	b	b	PROPN
cjal-9207	1029	28	th	th	X
cjal-9207	1029	29	st	st	PROPN
cjal-9207	1029	30	di	di	PROPN
cjal-9207	1029	31	eo	eo	PROPN
cjal-9207	1029	32	'	'	PART
cjal-9207	1029	33	owson	owson	NOUN
cjal-9207	1029	34	,	,	PUNCT
cjal-9207	1029	35	supra	supra	PROPN
cjal-9207	1029	36	note	note	NOUN
cjal-9207	1029	37	43	43	NUM
cjal-9207	1029	38	,	,	PUNCT
cjal-9207	1029	39	at	at	ADP
cjal-9207	1029	40	143	143	NUM
cjal-9207	1029	41	-	-	SYM
cjal-9207	1029	42	5	5	NUM
cjal-9207	1029	43	.	.	PUNCT
cjal-9207	1030	1	y	y	PROPN
cjal-9207	1030	2	e	e	PROPN
cjal-9207	1030	3	an	an	DET
cjal-9207	1030	4	ng	ng	PROPN
cjal-9207	1030	5	mmittee	mmittee	PROPN
cjal-9207	1030	6	of	of	ADP
cjal-9207	1030	7	th	th	NUM
cjal-9207	1030	8	12•h	12•h	NUM
cjal-9207	1030	9	n	n	CCONJ
cjal-9207	1030	10	·	·	PUNCT
cjal-9207	1030	11	jp	jp	INTJ
cjal-9207	1031	1	i	i	PRON
cjal-9207	1031	2	'	'	PART
cjal-9207	1031	3	congr	congr	VERB
cjal-9207	1031	4	ess	ess	INTJ
cjal-9207	1031	5	in	in	ADP
cjal-9207	1031	6	april	april	PROPN
cjal-9207	1031	7	201	201	NUM
cjal-9207	1031	8	5	5	NUM
cjal-9207	1031	9	and	and	CCONJ
cjal-9207	1031	10	is	be	AUX
cjal-9207	1031	11	st	st	PROPN
cjal-9207	1031	12	ill	ill	PROPN
cjal-9207	1031	13	d	d	PROPN
cjal-9207	1031	14	d.	d.	PROPN
cjal-9207	1031	15	.	.	PUNCT
cjal-9207	1032	1	e	e	PROPN
cjal-9207	1032	2	ationa	ationa	PROPN
cjal-9207	1032	3	eop	eop	PROPN
cjal-9207	1032	4	es	es	PROPN
cjal-9207	1032	5	,	,	PUNCT
cjal-9207	1032	6	un	un	PROPN
cjal-9207	1032	7	er	er	PROPN
cjal-9207	1032	8	1scuss	1scuss	NUM
cjal-9207	1032	9	1on	1on	NOUN
cjal-9207	1032	10	for	for	ADP
cjal-9207	1032	11	dd	dd	NOUN
cjal-9207	1032	12	"	"	PUNCT
cjal-9207	1032	13	t•	t•	NOUN
cjal-9207	1032	14	1	1	NUM
cjal-9207	1032	15	inti	inti	X
cjal-9207	1032	16	.	.	PUNCT
cjal-9207	1033	1	h	h	PROPN
cjal-9207	1033	2	considered	consider	VERB
cjal-9207	1033	3	dra	dra	PROPN
cjal-9207	1033	4	ft	ft	AUX
cjal-9207	1033	5	.	.	PROPN
cjal-9207	1033	6	see	see	VERB
cjal-9207	1033	7	zhu	zhu	PROPN
cjal-9207	1033	8	anji	anji	PROPN
cjal-9207	1033	9	a	a	DET
cjal-9207	1033	10	j	j	PROPN
cjal-9207	1033	11	ianya	ianya	PROPN
cjal-9207	1033	12	n	n	PROPN
cjal-9207	1033	13	(	(	PUNCT
cjal-9207	1033	14	zhen	zhen	PROPN
cjal-9207	1033	15	·	·	PUNCT
cjal-9207	1034	1	a	a	PRON
cjal-9207	1034	2	_	_	NOUN
cjal-9207	1034	3	1	1	NUM
cjal-9207	1034	4	_	_	PRON
cjal-9207	1034	5	iona	iona	VERB
cjal-9207	1034	6	ormation	ormation	NOUN
cjal-9207	1034	7	on	on	ADP
cjal-9207	1034	8	t	t	PROPN
cjal-9207	1034	9	e	e	PROPN
cjal-9207	1034	10	gq	gq	PROPN
cjal-9207	1034	11	uanfa	uanfa	PROPN
cjal-9207	1034	12	)	)	PUNCT
cjal-9207	1034	13	xiuding	xiude	VERB
cjal-9207	1035	1	wanshou	wanshou	PROPN
cjal-9207	1035	2	dui	dui	PROPN
cjal-9207	1035	3	neimu	neimu	PROPN
cjal-9207	1035	4	2016	2016	NUM
cjal-9207	1035	5	]	]	PUNCT
cjal-9207	1035	6	minority	minority	NOUN
cjal-9207	1035	7	pubuc	pubuc	NOUN
cjal-9207	1035	8	seiareholders	seiareholder	NOUN
cjal-9207	1035	9	in	in	ADP
cjal-9207	1035	10	china	china	PROPN
cjal-9207	1035	11	45	45	NUM
cjal-9207	1035	12	amendment	amendment	NOUN
cjal-9207	1035	13	is	be	AUX
cjal-9207	1035	14	expected	expect	VERB
cjal-9207	1035	15	to	to	PART
cjal-9207	1035	16	include	include	VERB
cjal-9207	1035	17	a	a	DET
cjal-9207	1035	18	new	new	ADJ
cjal-9207	1035	19	"	"	PUNCT
cjal-9207	1035	20	registration	registration	NOUN
cjal-9207	1035	21	"	"	PUNCT
cjal-9207	1035	22	process	process	NOUN
cjal-9207	1035	23	for	for	ADP
cjal-9207	1035	24	new	new	ADJ
cjal-9207	1035	25	issuers	issuer	NOUN
cjal-9207	1035	26	,	,	PUNCT
cjal-9207	1035	27	a	a	DET
cjal-9207	1035	28	radical	radical	ADJ
cjal-9207	1035	29	departure	departure	NOUN
cjal-9207	1035	30	from	from	ADP
cjal-9207	1035	31	the	the	DET
cjal-9207	1035	32	merit	merit	NOUN
cjal-9207	1035	33	approval	approval	NOUN
cjal-9207	1035	34	system	system	NOUN
cjal-9207	1035	35	currently	currently	ADV
cjal-9207	1035	36	in	in	ADP
cjal-9207	1035	37	place	place	NOUN
cjal-9207	1035	38	,	,	PUNCT
cjal-9207	1035	39	167	167	NUM
cjal-9207	1035	40	which	which	PRON
cjal-9207	1035	41	will	will	AUX
cjal-9207	1035	42	likely	likely	ADV
cjal-9207	1035	43	substantially	substantially	ADV
cjal-9207	1035	44	increase	increase	VERB
cjal-9207	1035	45	the	the	DET
cjal-9207	1035	46	number	number	NOUN
cjal-9207	1035	47	of	of	ADP
cjal-9207	1035	48	listed	list	VERB
cjal-9207	1035	49	issuers	issuer	NOUN
cjal-9207	1035	50	.	.	PUNCT
cjal-9207	1036	1	this	this	DET
cjal-9207	1036	2	new	new	ADJ
cjal-9207	1036	3	registration	registration	NOUN
cjal-9207	1036	4	process	process	NOUN
cjal-9207	1036	5	,	,	PUNCT
cjal-9207	1036	6	however	however	ADV
cjal-9207	1036	7	implemented	implement	VERB
cjal-9207	1036	8	,	,	PUNCT
cjal-9207	1036	9	will	will	AUX
cjal-9207	1036	10	come	come	VERB
cjal-9207	1036	11	with	with	ADP
cjal-9207	1036	12	a	a	DET
cjal-9207	1036	13	stronger	strong	ADJ
cjal-9207	1036	14	private	private	ADJ
cjal-9207	1036	15	right	right	NOUN
cjal-9207	1036	16	of	of	ADP
cjal-9207	1036	17	action	action	NOUN
cjal-9207	1036	18	for	for	ADP
cjal-9207	1036	19	shareholders	shareholder	NOUN
cjal-9207	1036	20	,	,	PUNCT
cjal-9207	1036	21	and	and	CCONJ
cjal-9207	1036	22	an	an	DET
cjal-9207	1036	23	increased	increase	VERB
cjal-9207	1036	24	emphasis	emphasis	NOUN
cjal-9207	1036	25	on	on	ADP
cjal-9207	1036	26	more	more	ADV
cjal-9207	1036	27	accurate	accurate	ADJ
cjal-9207	1036	28	disclosure	disclosure	NOUN
cjal-9207	1036	29	into	into	ADP
cjal-9207	1036	30	the	the	DET
cjal-9207	1036	31	markets	market	NOUN
cjal-9207	1036	32	.	.	PUNCT
cjal-9207	1037	1	these	these	DET
cjal-9207	1037	2	mechanisms	mechanism	NOUN
cjal-9207	1037	3	in	in	ADP
cjal-9207	1037	4	turn	turn	NOUN
cjal-9207	1037	5	will	will	AUX
cjal-9207	1037	6	necessarily	necessarily	ADV
cjal-9207	1037	7	give	give	VERB
cjal-9207	1037	8	a	a	DET
cjal-9207	1037	9	new	new	ADJ
cjal-9207	1037	10	role	role	NOUN
cjal-9207	1037	11	for	for	ADP
cjal-9207	1037	12	non	non	ADJ
cjal-9207	1037	13	-	-	ADJ
cjal-9207	1037	14	controlling	controlling	ADJ
cjal-9207	1037	15	shareholders	shareholder	NOUN
cjal-9207	1037	16	in	in	ADP
cjal-9207	1037	17	listed	list	VERB
cjal-9207	1037	18	companies	company	NOUN
cjal-9207	1037	19	.	.	PUNCT
cjal-9207	1038	1	it	it	PRON
cjal-9207	1038	2	should	should	AUX
cjal-9207	1038	3	be	be	AUX
cjal-9207	1038	4	noted	note	VERB
cjal-9207	1038	5	,	,	PUNCT
cjal-9207	1038	6	however	however	ADV
cjal-9207	1038	7	,	,	PUNCT
cjal-9207	1038	8	that	that	SCONJ
cjal-9207	1038	9	the	the	DET
cjal-9207	1038	10	prospect	prospect	NOUN
cjal-9207	1038	11	for	for	ADP
cjal-9207	1038	12	the	the	DET
cjal-9207	1038	13	suggested	suggest	VERB
cjal-9207	1038	14	amendment	amendment	NOUN
cjal-9207	1038	15	is	be	AUX
cjal-9207	1038	16	currently	currently	ADV
cjal-9207	1038	17	vague	vague	ADJ
cjal-9207	1038	18	,	,	PUNCT
cjal-9207	1038	19	especially	especially	ADV
cjal-9207	1038	20	following	follow	VERB
cjal-9207	1038	21	the	the	DET
cjal-9207	1038	22	2015	2015	NUM
cjal-9207	1038	23	-	-	SYM
cjal-9207	1038	24	2016	2016	NUM
cjal-9207	1038	25	market	market	NOUN
cjal-9207	1038	26	crash	crash	NOUN
cjal-9207	1038	27	which	which	PRON
cjal-9207	1038	28	halted	halt	VERB
cjal-9207	1038	29	,	,	PUNCT
cjal-9207	1038	30	and	and	CCONJ
cjal-9207	1038	31	in	in	ADP
cjal-9207	1038	32	my	my	PRON
cjal-9207	1038	33	view	view	NOUN
cjal-9207	1038	34	seriously	seriously	ADV
cjal-9207	1038	35	jeopardized	jeopardized	ADJ
cjal-9207	1038	36	,	,	PUNCT
cjal-9207	1038	37	any	any	DET
cjal-9207	1038	38	contemplated	contemplated	ADJ
cjal-9207	1038	39	securities	security	NOUN
cjal-9207	1038	40	legal	legal	ADJ
cjal-9207	1038	41	reform.1ss	reform.1ss	NOUN
cjal-9207	1038	42	far	far	ADV
cjal-9207	1038	43	more	more	ADV
cjal-9207	1038	44	important	important	ADJ
cjal-9207	1038	45	in	in	ADP
cjal-9207	1038	46	my	my	PRON
cjal-9207	1038	47	mind	mind	NOUN
cjal-9207	1038	48	are	be	AUX
cjal-9207	1038	49	ways	way	NOUN
cjal-9207	1038	50	in	in	ADP
cjal-9207	1038	51	which	which	PRON
cjal-9207	1038	52	a	a	DET
cjal-9207	1038	53	market	market	NOUN
cjal-9207	1038	54	for	for	ADP
cjal-9207	1038	55	corporate	corporate	ADJ
cjal-9207	1038	56	control	control	NOUN
cjal-9207	1038	57	might	might	AUX
cjal-9207	1038	58	develop	develop	VERB
cjal-9207	1038	59	in	in	ADP
cjal-9207	1038	60	the	the	DET
cjal-9207	1038	61	prc	prc	PROPN
cjal-9207	1038	62	,	,	PUNCT
cjal-9207	1038	63	and	and	CCONJ
cjal-9207	1038	64	how	how	SCONJ
cjal-9207	1038	65	that	that	PRON
cjal-9207	1038	66	might	might	AUX
cjal-9207	1038	67	in	in	ADP
cjal-9207	1038	68	turn	turn	NOUN
cjal-9207	1038	69	empower	empower	NOUN
cjal-9207	1038	70	minority	minority	NOUN
cjal-9207	1038	71	public	public	ADJ
cjal-9207	1038	72	shareholders	shareholder	NOUN
cjal-9207	1038	73	.	.	PUNCT
cjal-9207	1039	1	one	one	NUM
cjal-9207	1039	2	way	way	NOUN
cjal-9207	1039	3	i	i	PRON
cjal-9207	1039	4	believe	believe	VERB
cjal-9207	1039	5	such	such	DET
cjal-9207	1039	6	a	a	DET
cjal-9207	1039	7	market	market	NOUN
cjal-9207	1039	8	will	will	AUX
cjal-9207	1039	9	develop	develop	VERB
cjal-9207	1039	10	even	even	ADV
cjal-9207	1039	11	under	under	ADP
cjal-9207	1039	12	conditions	condition	NOUN
cjal-9207	1039	13	of	of	ADP
cjal-9207	1039	14	state	state	NOUN
cjal-9207	1039	15	-	-	PUNCT
cjal-9207	1039	16	controlled	control	VERB
cjal-9207	1039	17	concentrated	concentrated	ADJ
cjal-9207	1039	18	ownership	ownership	NOUN
cjal-9207	1039	19	is	be	AUX
cjal-9207	1039	20	through	through	ADP
cjal-9207	1039	21	the	the	DET
cjal-9207	1039	22	emergence	emergence	NOUN
cjal-9207	1039	23	of	of	ADP
cjal-9207	1039	24	a	a	DET
cjal-9207	1039	25	partial	partial	ADJ
cjal-9207	1039	26	market	market	NOUN
cjal-9207	1039	27	for	for	ADP
cjal-9207	1039	28	corporate	corporate	ADJ
cjal-9207	1039	29	control	control	NOUN
cjal-9207	1039	30	within	within	ADP
cjal-9207	1039	31	the	the	DET
cjal-9207	1039	32	controlling	control	VERB
cjal-9207	1039	33	apparatus	apparatus	NOUN
cjal-9207	1039	34	.	.	PUNCT
cjal-9207	1040	1	here	here	ADV
cjal-9207	1040	2	i	i	PRON
cjal-9207	1040	3	postulate	postulate	VERB
cjal-9207	1040	4	about	about	ADP
cjal-9207	1040	5	developments	development	NOUN
cjal-9207	1040	6	of	of	ADP
cjal-9207	1040	7	alternative	alternative	ADJ
cjal-9207	1040	8	state	state	NOUN
cjal-9207	1040	9	capitalism	capitalism	NOUN
cjal-9207	1040	10	structures	structure	NOUN
cjal-9207	1040	11	which	which	PRON
cjal-9207	1040	12	will	will	AUX
cjal-9207	1040	13	continue	continue	VERB
cjal-9207	1040	14	to	to	PART
cjal-9207	1040	15	guaranty	guaranty	VERB
cjal-9207	1040	16	the	the	DET
cjal-9207	1040	17	prc	prc	PROPN
cjal-9207	1040	18	party	party	NOUN
cjal-9207	1040	19	-	-	PUNCT
cjal-9207	1040	20	state	state	NOUN
cjal-9207	1040	21	's	's	PART
cjal-9207	1040	22	dominance	dominance	NOUN
cjal-9207	1040	23	over	over	ADP
cjal-9207	1040	24	the	the	DET
cjal-9207	1040	25	economy	economy	NOUN
cjal-9207	1040	26	,	,	PUNCT
cjal-9207	1040	27	but	but	CCONJ
cjal-9207	1040	28	will	will	AUX
cjal-9207	1040	29	alleviate	alleviate	VERB
cjal-9207	1040	30	the	the	DET
cjal-9207	1040	31	implications	implication	NOUN
cjal-9207	1040	32	it	it	PRON
cjal-9207	1040	33	has	have	VERB
cjal-9207	1040	34	on	on	ADP
cjal-9207	1040	35	minority	minority	NOUN
cjal-9207	1040	36	public	public	ADJ
cjal-9207	1040	37	shareholders	shareholder	NOUN
cjal-9207	1040	38	to	to	ADP
cjal-9207	1040	39	some	some	DET
cjal-9207	1040	40	extent	extent	NOUN
cjal-9207	1040	41	,	,	PUNCT
cjal-9207	1040	42	specifically	specifically	ADV
cjal-9207	1040	43	with	with	ADP
cjal-9207	1040	44	regard	regard	NOUN
cjal-9207	1040	45	to	to	ADP
cjal-9207	1040	46	its	its	PRON
cjal-9207	1040	47	corporatized	corporatize	VERB
cjal-9207	1040	48	listed	list	VERB
cjal-9207	1040	49	so	so	ADV
cjal-9207	1040	50	es	es	NOUN
cjal-9207	1040	51	.	.	PUNCT
cjal-9207	1041	1	i	i	PRON
cjal-9207	1041	2	will	will	AUX
cjal-9207	1041	3	sketch	sketch	VERB
cjal-9207	1041	4	out	out	ADV
cjal-9207	1041	5	here	here	ADV
cjal-9207	1041	6	two	two	NUM
cjal-9207	1041	7	possible	possible	ADJ
cjal-9207	1041	8	development	development	NOUN
cjal-9207	1041	9	paths	path	NOUN
cjal-9207	1041	10	in	in	ADP
cjal-9207	1041	11	such	such	ADJ
cjal-9207	1041	12	direction	direction	NOUN
cjal-9207	1041	13	:	:	PUNCT
cjal-9207	1041	14	economic	economic	ADJ
cjal-9207	1041	15	disentanglement	disentanglement	NOUN
cjal-9207	1041	16	fracturing	fracturing	NOUN
cjal-9207	1041	17	within	within	ADP
cjal-9207	1041	18	the	the	DET
cjal-9207	1041	19	controlling	control	VERB
cjal-9207	1041	20	apparatus	apparatus	NOUN
cjal-9207	1041	21	might	might	AUX
cjal-9207	1041	22	set	set	VERB
cjal-9207	1041	23	the	the	DET
cjal-9207	1041	24	stage	stage	NOUN
cjal-9207	1041	25	for	for	ADP
cjal-9207	1041	26	an	an	DET
cjal-9207	1041	27	economic	economic	ADJ
cjal-9207	1041	28	disentanglement	disentanglement	NOUN
cjal-9207	1041	29	in	in	ADP
cjal-9207	1041	30	the	the	DET
cjal-9207	1041	31	current	current	ADJ
cjal-9207	1041	32	structure	structure	NOUN
cjal-9207	1041	33	of	of	ADP
cjal-9207	1041	34	firm	firm	ADJ
cjal-9207	1041	35	ownership	ownership	NOUN
cjal-9207	1041	36	in	in	ADP
cjal-9207	1041	37	the	the	DET
cjal-9207	1041	38	prc	prc	PROPN
cjal-9207	1041	39	,	,	PUNCT
cjal-9207	1041	40	in	in	ADP
cjal-9207	1041	41	a	a	DET
cjal-9207	1041	42	way	way	NOUN
cjal-9207	1041	43	that	that	PRON
cjal-9207	1041	44	will	will	AUX
cjal-9207	1041	45	have	have	VERB
cjal-9207	1041	46	implications	implication	NOUN
cjal-9207	1041	47	for	for	ADP
cjal-9207	1041	48	a	a	DET
cjal-9207	1041	49	market	market	NOUN
cjal-9207	1041	50	for	for	ADP
cjal-9207	1041	51	corporate	corporate	ADJ
cjal-9207	1041	52	control	control	NOUN
cjal-9207	1041	53	.	.	PUNCT
cjal-9207	1042	1	in	in	ADP
cjal-9207	1042	2	the	the	DET
cjal-9207	1042	3	curr	curr	PROPN
cjal-9207	1042	4	ent	ent	PROPN
cjal-9207	1042	5	chinese	chinese	PROPN
cjal-9207	1042	6	market	market	NOUN
cjal-9207	1042	7	,	,	PUNCT
cjal-9207	1042	8	business	business	NOUN
cjal-9207	1042	9	groups	group	NOUN
cjal-9207	1042	10	are	be	AUX
cjal-9207	1042	11	still	still	ADV
cjal-9207	1042	12	mainly	mainly	ADV
cjal-9207	1042	13	cluster	cluster	NOUN
cjal-9207	1042	14	ed	ed	NOUN
cjal-9207	1042	15	in	in	ADP
cjal-9207	1042	16	specific	specific	ADJ
cjal-9207	1042	17	industries	industry	NOUN
cjal-9207	1042	18	,	,	PUNCT
cjal-9207	1042	19	and	and	CCONJ
cjal-9207	1042	20	face	face	VERB
cjal-9207	1042	21	a	a	DET
cjal-9207	1042	22	host	host	NOUN
cjal-9207	1042	23	of	of	ADP
cjal-9207	1042	24	impediments	impediment	NOUN
cjal-9207	1042	25	in	in	ADP
cjal-9207	1042	26	respect	respect	NOUN
cjal-9207	1042	27	of	of	ADP
cjal-9207	1042	28	inve	inve	NOUN
cjal-9207	1042	29	s	s	PROPN
cjal-9207	1042	30	tment	tment	ADJ
cjal-9207	1042	31	or	or	CCONJ
cjal-9207	1042	32	business	business	NOUN
cjal-9207	1042	33	activity	activity	NOUN
cjal-9207	1042	34	outside	outside	ADV
cjal-9207	1042	35	of	of	ADP
cjal-9207	1042	36	their	their	PRON
cjal-9207	1042	37	specific	specific	ADJ
cjal-9207	1042	38	industry	industry	NOUN
cjal-9207	1042	39	or	or	CCONJ
cjal-9207	1042	40	sector	sector	NOUN
cjal-9207	1042	41	.	.	PUNCT
cjal-9207	1043	1	such	such	ADJ
cjal-9207	1043	2	impediments	impediment	NOUN
cjal-9207	1043	3	include	include	VERB
cjal-9207	1043	4	:	:	PUNCT
cjal-9207	1043	5	strict	strict	ADJ
cjal-9207	1043	6	regulation	regulation	NOUN
cjal-9207	1043	7	of	of	ADP
cjal-9207	1043	8	permitted	permit	VERB
cjal-9207	1043	9	"	"	PUNCT
cjal-9207	1043	10	bu	bu	ADP
cjal-9207	1043	11	sin	sin	NOUN
cjal-9207	1043	12	es	es	X
cjal-9207	1043	13	s	s	PROPN
cjal-9207	1043	14	scopes	scope	NOUN
cjal-9207	1043	15	"	"	PUNCT
cjal-9207	1043	16	(	(	PUNCT
cjal-9207	1043	17	even	even	ADV
cjal-9207	1043	18	for	for	ADP
cjal-9207	1043	19	the	the	DET
cjal-9207	1043	20	larg	larg	PROPN
cjal-9207	1043	21	est	est	PROPN
cjal-9207	1043	22	conglomerates	conglomerates	PROPN
cjal-9207	1043	23	)	)	PUNCT
cjal-9207	1043	24	;	;	PUNCT
cjal-9207	1043	25	specific	specific	ADJ
cjal-9207	1043	26	franchise	franchise	NOUN
cjal-9207	1043	27	grants	grant	NOUN
cjal-9207	1043	28	which	which	PRON
cjal-9207	1043	29	cre	cre	VERB
cjal-9207	1043	30	at	at	ADP
cjal-9207	1043	31	es	es	ADP
cjal-9207	1043	32	monopoly	monopoly	NOUN
cjal-9207	1043	33	-	-	PUNCT
cjal-9207	1043	34	like	like	ADJ
cjal-9207	1043	35	opportunities	opportunity	NOUN
cjal-9207	1043	36	;	;	PUNCT
cjal-9207	1043	37	path	path	NOUN
cjal-9207	1043	38	dependency	dependency	NOUN
cjal-9207	1043	39	re	re	AUX
cjal-9207	1043	40	sulting	sulte	VERB
cjal-9207	1043	41	from	from	ADP
cjal-9207	1043	42	the	the	DET
cjal-9207	1043	43	corporatization	corporatization	NOUN
cjal-9207	1043	44	without	without	ADP
cjal-9207	1043	45	privatization	privatization	NOUN
cjal-9207	1043	46	process	process	NOUN
cjal-9207	1043	47	which	which	PRON
cjal-9207	1043	48	pr	pr	VERB
cjal-9207	1043	49	oduced	oduce	VERB
cjal-9207	1043	50	firms	firm	NOUN
cjal-9207	1043	51	tied	tie	VERB
cjal-9207	1043	52	to	to	ADP
cjal-9207	1043	53	specific	specific	ADJ
cjal-9207	1043	54	ministries	ministry	NOUN
cjal-9207	1043	55	and	and	CCONJ
cjal-9207	1043	56	thus	thus	ADV
cjal-9207	1043	57	specific	specific	ADJ
cjal-9207	1043	58	industrial	industrial	ADJ
cjal-9207	1043	59	sectors	sector	NOUN
cjal-9207	1043	60	;	;	PUNCT
cjal-9207	1043	61	prc	prc	PROPN
cjal-9207	1043	62	listed	list	VERB
cjal-9207	1043	63	firms	firm	NOUN
cjal-9207	1043	64	'	'	PART
cjal-9207	1043	65	historic	historic	ADJ
cjal-9207	1043	66	dual	dual	ADJ
cjal-9207	1043	67	share	share	NOUN
cjal-9207	1043	68	structure	structure	NOUN
cjal-9207	1043	69	which	which	PRON
cjal-9207	1043	70	allowed	allow	VERB
cjal-9207	1043	71	"	"	PUNCT
cjal-9207	1043	72	stat	stat	PROPN
cjal-9207	1043	73	e	e	PROPN
cjal-9207	1043	74	share	share	NOUN
cjal-9207	1043	75	s	s	PART
cjal-9207	1043	76	"	"	PUNCT
cjal-9207	1043	77	to	to	PART
cjal-9207	1043	78	be	be	AUX
cjal-9207	1043	79	transferred	transfer	VERB
cjal-9207	1043	80	only	only	ADV
cjal-9207	1043	81	to	to	ADP
cjal-9207	1043	82	other	other	ADJ
cjal-9207	1043	83	state	state	NOUN
cjal-9207	1043	84	shareholders	shareholder	NOUN
cjal-9207	1043	85	before	before	ADP
cjal-9207	1043	86	2006	2006	NUM
cjal-9207	1043	87	;	;	PUNCT
cjal-9207	1043	88	the	the	DET
cjal-9207	1043	89	personn	personn	NOUN
cjal-9207	1043	90	el	el	PROPN
cjal-9207	1043	91	appointment	appointment	NOUN
cjal-9207	1043	92	system	system	NOUN
cjal-9207	1043	93	for	for	ADP
cjal-9207	1043	94	senior	senior	ADJ
cjal-9207	1043	95	management	management	NOUN
cjal-9207	1043	96	that	that	PRON
cjal-9207	1043	97	often	often	ADV
cjal-9207	1043	98	reshuffl	reshuffl	VERB
cjal-9207	1043	99	e	e	VERB
cjal-9207	1043	100	such	such	ADJ
cjal-9207	1043	101	personnel	personnel	NOUN
cjal-9207	1043	102	to	to	ADP
cjal-9207	1043	103	different	different	ADJ
cjal-9207	1043	104	firms	firm	NOUN
cjal-9207	1043	105	but	but	CCONJ
cjal-9207	1043	106	in	in	ADP
cjal-9207	1043	107	the	the	DET
cjal-9207	1043	108	same	same	ADJ
cjal-9207	1043	109	jiaoy	jiaoy	NOUN
cjal-9207	1043	110	i	i	PRON
cjal-9207	1043	111	den	den	VERB
cjal-9207	1043	112	g	g	PROPN
cjal-9207	1043	113	xin	xin	PROPN
cjal-9207	1043	114	gwei	gwei	PROPN
cjal-9207	1043	115	de	de	X
cjal-9207	1043	116	guifan	guifan	X
cjal-9207	1043	117	(	(	PUNCT
cjal-9207	1043	118	~~~	~~~	PUNCT
cjal-9207	1043	119	tif	tif	X
cjal-9207	1043	120	(	(	PUNCT
cjal-9207	1043	121	iie3fr	iie3fr	NOUN
cjal-9207	1043	122	!	!	PUNCT
cjal-9207	1043	123	)	)	PUNCT
cjal-9207	1043	124	)	)	PUNCT
cjal-9207	1044	1	{	{	PUNCT
cjal-9207	1044	2	~	~	PUNCT
cjal-9207	1044	3	i	i	PRON
cjal-9207	1044	4	,	,	PUNCT
cjal-9207	1044	5	t	t	PROPN
cjal-9207	1044	6	jm	jm	PROPN
cjal-9207	1044	7	°	°	PROPN
cjal-9207	1044	8	i)({r3	i)({r3	PROPN
cjal-9207	1044	9	:	:	PUNCT
cjal-9207	1044	10	fil3c£~ffj;j(t	fil3c£~ffj;j(t	PROPN
cjal-9207	1044	11	-	-	PUNCT
cjal-9207	1044	12	j;l;!eti1	j;l;!eti1	NOUN
cjal-9207	1044	13	)	)	PUNCT
cjal-9207	1045	1	[	[	X
cjal-9207	1045	2	expe	expe	ADJ
cjal-9207	1045	3	rts	rt	NOUN
cjal-9207	1045	4	advocate	advocate	NOUN
cjal-9207	1045	5	amendmen	amendman	NOUN
cjal-9207	1045	6	ts	ts	X
cjal-9207	1045	7	to	to	ADP
cjal-9207	1045	8	securities	security	NOUN
cjal-9207	1045	9	law	law	NOUN
cjal-9207	1045	10	to	to	PART
cjal-9207	1045	11	regulate	regulate	VERB
cjal-9207	1045	12	behaviors	behavior	NOUN
cjal-9207	1045	13	such	such	ADJ
cjal-9207	1045	14	as	as	ADP
cjal-9207	1045	15	insider	insider	NOUN
cjal-9207	1045	16	trading	trading	NOUN
cjal-9207	1045	17	]	]	PUNCT
cjal-9207	1045	18	,	,	PUNCT
cjal-9207	1045	19	zhonggua	zhonggua	PROPN
cjal-9207	1045	20	ng	ng	PROPN
cjal-9207	1045	21	wan	wan	PROPN
cjal-9207	1045	22	g	g	PROPN
cjal-9207	1045	23	(	(	PUNCT
cjal-9207	1045	24	'	'	PUNCT
cjal-9207	1045	25	p	p	X
cjal-9207	1045	26	i	i	PRON
cjal-9207	1045	27	li;l	li;l	PROPN
cjal-9207	1045	28	,	,	PUNCT
cjal-9207	1045	29	i	i	PRON
cjal-9207	1045	30	)	)	PUNCT
cjal-9207	1046	1	[	[	X
cjal-9207	1046	2	cnrj	cnrj	NOUN
cjal-9207	1046	3	(	(	PUNCT
cjal-9207	1046	4	june	june	PROPN
cjal-9207	1046	5	12	12	NUM
cjal-9207	1046	6	,	,	PUNCT
cjal-9207	1046	7	2015	2015	NUM
cjal-9207	1046	8	)	)	PUNCT
cjal-9207	1046	9	,	,	PUNCT
cjal-9207	1046	10	http	http	ADV
cjal-9207	1046	11	:	:	PUNCT
cjal-9207	1046	12	//china.cnr.cn	//china.cnr.cn	ADJ
cjal-9207	1046	13	/	/	SYM
cjal-9207	1046	14	gdgg	gdgg	PROPN
cjal-9207	1046	15	/	/	SYM
cjal-9207	1046	16	201	201	NUM
cjal-9207	1046	17	50712	50712	NUM
cjal-9207	1046	18	/t20	/t20	NUM
cjal-9207	1046	19	150712_5191	150712_5191	NUM
cjal-9207	1046	20	73123.shtml	73123.shtml	NUM
cjal-9207	1046	21	.	.	PUNCT
cjal-9207	1047	1	jg	jg	PROPN
cjal-9207	1047	2	;	;	PUNCT
cjal-9207	1047	3	i	i	PROPN
cjal-9207	1047	4	d.	d.	PROPN
cjal-9207	1047	5	1	1	NUM
cjal-9207	1047	6	gb	gb	ADP
cjal-9207	1047	7	based	base	VERB
cjal-9207	1047	8	on	on	ADP
cjal-9207	1047	9	inform	inform	NOUN
cjal-9207	1047	10	al	al	PROPN
cjal-9207	1047	11	conver	conver	PROPN
cjal-9207	1047	12	sation	sation	NOUN
cjal-9207	1047	13	s	s	X
cjal-9207	1047	14	bet	bet	NOUN
cjal-9207	1047	15	ween	ween	X
cjal-9207	1047	16	th	th	X
cjal-9207	1047	17	e	e	PROPN
cjal-9207	1047	18	author	author	NOUN
cjal-9207	1047	19	and	and	CCONJ
cjal-9207	1047	20	chines	chine	NOUN
cjal-9207	1047	21	e	e	ADP
cjal-9207	1047	22	academic	academic	ADJ
cjal-9207	1047	23	colleagues	colleague	NOUN
cjal-9207	1047	24	whi	whi	PROPN
cjal-9207	1047	25	ch	ch	NOUN
cjal-9207	1047	26	were	be	AUX
cjal-9207	1047	27	inv	inv	ADJ
cjal-9207	1047	28	olved	olve	VERB
cjal-9207	1047	29	in	in	ADP
cjal-9207	1047	30	th	th	NUM
cjal-9207	1047	31	e	e	NOUN
cjal-9207	1047	32	am	be	AUX
cjal-9207	1047	33	endm	endm	NOUN
cjal-9207	1047	34	ent	ent	NOUN
cjal-9207	1047	35	pr	pr	NOUN
cjal-9207	1047	36	ocess	ocess	NOUN
cjal-9207	1047	37	.	.	PUNCT
cjal-9207	1048	1	46	46	NUM
cjal-9207	1048	2	columbia	columbia	PROPN
cjal-9207	1048	3	jour	jour	PROPN
cjal-9207	1048	4	nal	nal	PROPN
cjal-9207	1048	5	of	of	ADP
cjal-9207	1048	6	asian	asian	ADJ
cjal-9207	1048	7	law	law	NOUN
cjal-9207	1049	1	[	[	X
cjal-9207	1049	2	vol	vol	NOUN
cjal-9207	1049	3	.	.	PUNCT
cjal-9207	1049	4	30	30	NUM
cjal-9207	1049	5	:	:	PUNCT
cjal-9207	1049	6	l	l	NOUN
cjal-9207	1049	7	industrial	industrial	ADJ
cjal-9207	1049	8	sector	sector	NOUN
cjal-9207	1049	9	;	;	PUNCT
cjal-9207	1049	10	and	and	CCONJ
cjal-9207	1049	11	finally	finally	ADV
cjal-9207	1049	12	,	,	PUNCT
cjal-9207	1049	13	party	party	NOUN
cjal-9207	1049	14	-	-	PUNCT
cjal-9207	1049	15	state	state	NOUN
cjal-9207	1049	16	direction	direction	NOUN
cjal-9207	1049	17	of	of	ADP
cjal-9207	1049	18	m&a	m&a	PROPN
cjal-9207	1049	19	and	and	CCONJ
cjal-9207	1049	20	takeover	takeover	NOUN
cjal-9207	1049	21	activity	activity	NOUN
cjal-9207	1049	22	.	.	PUNCT
cjal-9207	1050	1	169	169	NUM
cjal-9207	1050	2	however	however	ADV
cjal-9207	1050	3	,	,	PUNCT
cjal-9207	1050	4	notwithstanding	notwithstanding	ADP
cjal-9207	1050	5	these	these	DET
cjal-9207	1050	6	constraints	constraint	NOUN
cjal-9207	1050	7	and	and	CCONJ
cjal-9207	1050	8	the	the	DET
cjal-9207	1050	9	resultmg	resultmg	ADJ
cjal-9207	1050	10	lack	lack	NOUN
cjal-9207	1050	11	of	of	ADP
cjal-9207	1050	12	competition	competition	NOUN
cjal-9207	1050	13	between	between	ADP
cjal-9207	1050	14	corp	corp	PROPN
cjal-9207	1050	15	oratize	oratize	VERB
cjal-9207	1050	16	d	d	PROPN
cjal-9207	1050	17	so	so	ADV
cjal-9207	1050	18	es	es	X
cjal-9207	1050	19	across	across	ADP
cjal-9207	1050	20	sectoral	sectoral	ADJ
cjal-9207	1050	21	lines	line	NOUN
cjal-9207	1050	22	,	,	PUNCT
cjal-9207	1050	23	the	the	DET
cjal-9207	1050	24	chinese	chinese	ADJ
cjal-9207	1050	25	party	party	NOUN
cjal-9207	1050	26	-	-	PUNCT
cjal-9207	1050	27	state	state	NOUN
cjal-9207	1050	28	is	be	AUX
cjal-9207	1050	29	not	not	PART
cjal-9207	1050	30	monolithic	monolithic	ADJ
cjal-9207	1050	31	and	and	CCONJ
cjal-9207	1050	32	neit	neit	PROPN
cjal-9207	1050	33	her	she	PRON
cjal-9207	1050	34	are	be	AUX
cjal-9207	1050	35	the	the	DET
cjal-9207	1050	36	firms	firm	NOUN
cjal-9207	1050	37	that	that	SCONJ
cjal-9207	1050	38	it	it	PRON
cjal-9207	1050	39	has	have	AUX
cjal-9207	1050	40	established	establish	VERB
cjal-9207	1050	41	and	and	CCONJ
cjal-9207	1050	42	control	control	VERB
cjal-9207	1050	43	s.	s.	PROPN
cjal-9207	1050	44	in	in	ADP
cjal-9207	1050	45	fact	fact	NOUN
cjal-9207	1050	46	,	,	PUNCT
cjal-9207	1050	47	the	the	DET
cjal-9207	1050	48	prc	prc	PROPN
cjal-9207	1050	49	party	party	NOUN
cjal-9207	1050	50	-	-	PUNCT
cjal-9207	1050	51	state	state	NOUN
cjal-9207	1050	52	has	have	VERB
cjal-9207	1050	53	a	a	DET
cjal-9207	1050	54	myriad	myriad	NOUN
cjal-9207	1050	55	of	of	ADP
cjal-9207	1050	56	internal	internal	ADJ
cjal-9207	1050	57	conflicts	conflict	NOUN
cjal-9207	1050	58	,	,	PUNCT
cjal-9207	1050	59	expressed	express	VERB
cjal-9207	1050	60	in	in	ADP
cjal-9207	1050	61	competition	competition	NOUN
cjal-9207	1050	62	between	between	ADP
cjal-9207	1050	63	government	government	NOUN
cjal-9207	1050	64	age	age	NOUN
cjal-9207	1050	65	ncies	ncie	NOUN
cjal-9207	1050	66	at	at	ADP
cjal-9207	1050	67	the	the	DET
cjal-9207	1050	68	central	central	ADJ
cjal-9207	1050	69	and	and	CCONJ
cjal-9207	1050	70	local	local	ADJ
cjal-9207	1050	71	leve	leve	PROPN
cjal-9207	1050	72	ls	ls	PROPN
cjal-9207	1050	73	,	,	PUNCT
cjal-9207	1050	74	and	and	CCONJ
cjal-9207	1050	75	between	between	ADP
cjal-9207	1050	76	party	party	NOUN
cjal-9207	1050	77	and	and	CCONJ
cjal-9207	1050	78	state	state	NOUN
cjal-9207	1050	79	institutions	institution	NOUN
cjal-9207	1050	80	at	at	ADP
cjal-9207	1050	81	all	all	DET
cjal-9207	1050	82	level	level	NOUN
cjal-9207	1050	83	s.	s.	NOUN
cjal-9207	1051	1	these	these	DET
cjal-9207	1051	2	conflicts	conflict	NOUN
cjal-9207	1051	3	r	r	PROPN
cjal-9207	1051	4	edu	edu	PROPN
cjal-9207	1051	5	ce	ce	PROPN
cjal-9207	1051	6	the	the	DET
cjal-9207	1051	7	capacity	capacity	NOUN
cjal-9207	1051	8	of	of	ADP
cjal-9207	1051	9	the	the	DET
cjal-9207	1051	10	prc	prc	PROPN
cjal-9207	1051	11	party	party	NOUN
cjal-9207	1051	12	-	-	PUNCT
cjal-9207	1051	13	state	state	NOUN
cjal-9207	1051	14	to	to	PART
cjal-9207	1051	15	act	act	VERB
cjal-9207	1051	16	in	in	ADP
cjal-9207	1051	17	a	a	DET
cjal-9207	1051	18	unified	unified	ADJ
cjal-9207	1051	19	manner	manner	NOUN
cjal-9207	1051	20	with	with	ADP
cjal-9207	1051	21	respect	respect	NOUN
cjal-9207	1051	22	to	to	ADP
cjal-9207	1051	23	policy	policy	NOUN
cjal-9207	1051	24	generally	generally	ADV
cjal-9207	1051	25	,	,	PUNCT
cjal-9207	1051	26	but	but	CCONJ
cjal-9207	1051	27	also	also	ADV
cjal-9207	1051	28	through	through	ADP
cjal-9207	1051	29	the	the	DET
cjal-9207	1051	30	firms	firm	NOUN
cjal-9207	1051	31	it	it	PRON
cjal-9207	1051	32	dominat	dominat	VERB
cjal-9207	1051	33	es	es	X
cjal-9207	1051	34	.	.	PUNCT
cjal-9207	1052	1	as	as	ADP
cjal-9207	1052	2	a	a	DET
cjal-9207	1052	3	result	result	NOUN
cjal-9207	1052	4	,	,	PUNCT
cjal-9207	1052	5	the	the	DET
cjal-9207	1052	6	system	system	NOUN
cjal-9207	1052	7	often	often	ADV
cjal-9207	1052	8	serves	serve	VERB
cjal-9207	1052	9	more	more	ADJ
cjal-9207	1052	10	particularistic	particularistic	ADJ
cjal-9207	1052	11	interests	interest	NOUN
cjal-9207	1052	12	,	,	PUNCT
cjal-9207	1052	13	whether	whether	SCONJ
cjal-9207	1052	14	personal	personal	ADJ
cjal-9207	1052	15	,	,	PUNCT
cjal-9207	1052	16	institutional	institutional	ADJ
cjal-9207	1052	17	,	,	PUNCT
cjal-9207	1052	18	local	local	ADJ
cjal-9207	1052	19	,	,	PUNCT
cjal-9207	1052	20	or	or	CCONJ
cjal-9207	1052	21	across	across	ADP
cjal-9207	1052	22	"	"	PUNCT
cjal-9207	1052	23	systems	system	NOUN
cjal-9207	1052	24	"	"	PUNCT
cjal-9207	1052	25	(	(	PUNCT
cjal-9207	1052	26	xitong	xitong	PROPN
cjal-9207	1052	27	)	)	PUNCT
cjal-9207	1052	28	.	.	PUNCT
cjal-9207	1053	1	170	170	NUM
cjal-9207	1053	2	while	while	SCONJ
cjal-9207	1053	3	thi	thi	INTJ
cjal-9207	1053	4	s	s	PRON
cjal-9207	1053	5	of	of	ADP
cjal-9207	1053	6	course	course	NOUN
cjal-9207	1053	7	leads	lead	VERB
cjal-9207	1053	8	to	to	ADP
cjal-9207	1053	9	rampant	rampant	ADJ
cjal-9207	1053	10	self	self	NOUN
cjal-9207	1053	11	-	-	PUNCT
cjal-9207	1053	12	dealing	dealing	NOUN
cjal-9207	1053	13	by	by	ADP
cjal-9207	1053	14	firm	firm	ADJ
cjal-9207	1053	15	insiders	insider	NOUN
cjal-9207	1053	16	,	,	PUNCT
cjal-9207	1053	17	at	at	ADP
cjal-9207	1053	18	the	the	DET
cjal-9207	1053	19	macro	macro	PROPN
cjal-9207	1053	20	leve	leve	PROPN
cjal-9207	1053	21	l	l	PROPN
cjal-9207	1053	22	it	it	PRON
cjal-9207	1053	23	also	also	ADV
cjal-9207	1053	24	gradually	gradually	ADV
cjal-9207	1053	25	leads	lead	VERB
cjal-9207	1053	26	to	to	ADP
cjal-9207	1053	27	economic	economic	ADJ
cjal-9207	1053	28	disentanglement	disentanglement	NOUN
cjal-9207	1053	29	of	of	ADP
cjal-9207	1053	30	firms	firm	NOUN
cjal-9207	1053	31	and	and	CCONJ
cjal-9207	1053	32	business	business	NOUN
cjal-9207	1053	33	groups	group	NOUN
cjal-9207	1053	34	from	from	ADP
cjal-9207	1053	35	the	the	DET
cjal-9207	1053	36	party	party	NOUN
cjal-9207	1053	37	-state	-state	PROPN
cjal-9207	1053	38	.	.	PUNCT
cjal-9207	1054	1	a	a	DET
cjal-9207	1054	2	good	good	ADJ
cjal-9207	1054	3	example	example	NOUN
cjal-9207	1054	4	of	of	ADP
cjal-9207	1054	5	this	this	PRON
cjal-9207	1054	6	is	be	AUX
cjal-9207	1054	7	the	the	DET
cjal-9207	1054	8	ali	ali	PROPN
cjal-9207	1054	9	enati	enati	PROPN
cjal-9207	1054	10	on	on	ADP
cjal-9207	1054	11	oflocal	oflocal	ADJ
cjal-9207	1054	12	governmentcontro	governmentcontro	NOUN
cjal-9207	1054	13	lled	lle	VERB
cjal-9207	1054	14	firms	firm	NOUN
cjal-9207	1054	15	from	from	ADP
cjal-9207	1054	16	the	the	DET
cjal-9207	1054	17	central	central	ADJ
cjal-9207	1054	18	partystate	partystate	NOUN
cjal-9207	1054	19	.	.	PUNCT
cjal-9207	1055	1	it	it	PRON
cjal-9207	1055	2	is	be	AUX
cjal-9207	1055	3	well	well	ADV
cjal-9207	1055	4	known	know	VERB
cjal-9207	1055	5	that	that	SCONJ
cjal-9207	1055	6	china	china	PROPN
cjal-9207	1055	7	's	's	PART
cjal-9207	1055	8	economic	economic	ADJ
cjal-9207	1055	9	success	success	NOUN
cjal-9207	1055	10	has	have	AUX
cjal-9207	1055	11	boosted	boost	VERB
cjal-9207	1055	12	the	the	DET
cjal-9207	1055	13	power	power	NOUN
cjal-9207	1055	14	of	of	ADP
cjal-9207	1055	15	local	local	ADJ
cjal-9207	1055	16	government	government	NOUN
cjal-9207	1055	17	s	s	NOUN
cjal-9207	1055	18	and	and	CCONJ
cjal-9207	1055	19	of	of	ADP
cjal-9207	1055	20	local	local	ADJ
cjal-9207	1055	21	government	government	NOUN
cjal-9207	1055	22	-	-	PUNCT
cjal-9207	1055	23	promoted	promote	VERB
cjal-9207	1055	24	firms	firm	NOUN
cjal-9207	1055	25	.	.	PUNCT
cjal-9207	1056	1	local	local	ADJ
cjal-9207	1056	2	officials	official	NOUN
cjal-9207	1056	3	in	in	ADP
cjal-9207	1056	4	particular	particular	ADJ
cjal-9207	1056	5	have	have	VERB
cjal-9207	1056	6	eno	eno	PROPN
cjal-9207	1056	7	rm	rm	PROPN
cjal-9207	1056	8	ous	ous	PROPN
cjal-9207	1056	9	incentives	incentive	VERB
cjal-9207	1056	10	to	to	PART
cjal-9207	1056	11	maximize	maximize	VERB
cjal-9207	1056	12	economic	economic	ADJ
cjal-9207	1056	13	growth	growth	NOUN
cjal-9207	1056	14	in	in	ADP
cjal-9207	1056	15	their	their	PRON
cjal-9207	1056	16	jurisdictions	jurisdiction	NOUN
cjal-9207	1056	17	,	,	PUNCT
cjal-9207	1056	18	very	very	ADV
cjal-9207	1056	19	often	often	ADV
cjal-9207	1056	20	at	at	ADP
cjal-9207	1056	21	the	the	DET
cjal-9207	1056	22	expense	expense	NOUN
cjal-9207	1056	23	of	of	ADP
cjal-9207	1056	24	national	national	ADJ
cjal-9207	1056	25	partysta	partysta	PROPN
cjal-9207	1056	26	te	te	ADP
cjal-9207	1056	27	int	int	NOUN
cjal-9207	1056	28	erests	erest	NOUN
cjal-9207	1056	29	.	.	PUNCT
cjal-9207	1057	1	171	171	NUM
cjal-9207	1058	1	as	as	ADP
cjal-9207	1058	2	local	local	ADJ
cjal-9207	1058	3	-	-	PUNCT
cjal-9207	1058	4	government	government	NOUN
cjal-9207	1058	5	controlled	control	VERB
cjal-9207	1058	6	firms	firm	NOUN
cjal-9207	1058	7	and	and	CCONJ
cjal-9207	1058	8	their	their	PRON
cjal-9207	1058	9	manager	manager	NOUN
cjal-9207	1058	10	s	s	VERB
cjal-9207	1058	11	become	become	VERB
cjal-9207	1058	12	ever	ever	ADV
cjal-9207	1058	13	-	-	PUNCT
cjal-9207	1058	14	more	more	ADJ
cjal-9207	1058	15	invested	invest	VERB
cjal-9207	1058	16	in	in	ADP
cjal-9207	1058	17	profit	profit	NOUN
cjal-9207	1058	18	maximization	maximization	NOUN
cjal-9207	1058	19	,	,	PUNCT
cjal-9207	1058	20	172	172	NUM
cjal-9207	1058	21	the	the	PRON
cjal-9207	1058	22	more	more	ADV
cjal-9207	1058	23	they	they	PRON
cjal-9207	1058	24	compete	compete	VERB
cjal-9207	1058	25	with	with	ADP
cjal-9207	1058	26	other	other	ADJ
cjal-9207	1058	27	prc	prc	PROPN
cjal-9207	1058	28	firms	firm	NOUN
cjal-9207	1058	29	in	in	ADP
cjal-9207	1058	30	their	their	PRON
cjal-9207	1058	31	same	same	ADJ
cjal-9207	1058	32	region	region	NOUN
cjal-9207	1058	33	and	and	CCONJ
cjal-9207	1058	34	nationally	nationally	ADV
cjal-9207	1058	35	.	.	PUNCT
cjal-9207	1059	1	consequently	consequently	ADV
cjal-9207	1059	2	,	,	PUNCT
cjal-9207	1059	3	real	real	ADJ
cjal-9207	1059	4	mergers	merger	NOUN
cjal-9207	1059	5	and	and	CCONJ
cjal-9207	1059	6	acquisitio	acquisitio	NOUN
cjal-9207	1059	7	ns	ns	NUM
cjal-9207	1059	8	activity	activity	NOUN
cjal-9207	1059	9	across	across	ADP
cjal-9207	1059	10	industries	industry	NOUN
cjal-9207	1059	11	and	and	CCONJ
cjal-9207	1059	12	regio	regio	PROPN
cjal-9207	1059	13	ns	ns	NUM
cjal-9207	1059	14	have	have	AUX
cjal-9207	1059	15	been	be	AUX
cjal-9207	1059	16	increasing	increase	VERB
cjal-9207	1059	17	.	.	PUNCT
cjal-9207	1060	1	1;s	1;s	PROPN
cjal-9207	1060	2	such	such	ADJ
cjal-9207	1060	3	increase	increase	NOUN
cjal-9207	1060	4	of	of	ADP
cjal-9207	1060	5	more	more	ADJ
cjal-9207	1060	6	market	market	NOUN
cjal-9207	1060	7	-	-	PUNCT
cjal-9207	1060	8	oriented	orient	VERB
cjal-9207	1060	9	competitive	competitive	ADJ
cjal-9207	1060	10	m&a	m&a	NOUN
cjal-9207	1060	11	activity	activity	NOUN
cjal-9207	1060	12	will	will	AUX
cjal-9207	1060	13	induce	induce	VERB
cjal-9207	1060	14	,	,	PUNCT
cjal-9207	1060	15	for	for	ADP
cjal-9207	1060	16	example	example	NOUN
cjal-9207	1060	17	,	,	PUNCT
cjal-9207	1060	18	the	the	DET
cjal-9207	1060	19	sales	sale	NOUN
cjal-9207	1060	20	of	of	ADP
cjal-9207	1060	21	distres	distre	NOUN
cjal-9207	1060	22	sed	sed	ADJ
cjal-9207	1060	23	assets	asset	NOUN
cjal-9207	1060	24	,	,	PUNCT
cjal-9207	1060	25	which	which	PRON
cjal-9207	1060	26	in	in	ADP
cjal-9207	1060	27	turn	turn	NOUN
cjal-9207	1060	28	contributes	contribute	VERB
cjal-9207	1060	29	to	to	ADP
cjal-9207	1060	30	169	169	NUM
cjal-9207	1060	31	see	see	NOUN
cjal-9207	1060	32	,	,	PUNCT
cjal-9207	1060	33	liou	liou	PROPN
cjal-9207	1060	34	&	&	CCONJ
cjal-9207	1060	35	tsai	tsai	PROPN
cjal-9207	1060	36	,	,	PUNCT
cjal-9207	1060	37	supra	supra	PROPN
cjal-9207	1060	38	no	no	PRON
cjal-9207	1060	39	te	te	PROPN
cjal-9207	1060	40	40	40	NUM
cjal-9207	1060	41	;	;	PUNCT
cjal-9207	1060	42	howson	howson	PROPN
cjal-9207	1060	43	supra	supra	PROPN
cjal-9207	1060	44	note	note	PROPN
cjal-9207	1060	45	43	43	NUM
cjal-9207	1060	46	.	.	PUNCT
cjal-9207	1061	1	110	110	NUM
cjal-9207	1061	2	see	see	VERB
cjal-9207	1061	3	li	li	PROPN
cjal-9207	1061	4	~	~	PROPN
cjal-9207	1061	5	b	b	NOUN
cjal-9207	1061	6	~	~	NOUN
cjal-9207	1061	7	rthal	rthal	ADJ
cjal-9207	1061	8	,	,	PUNCT
cjal-9207	1061	9	s	s	PROPN
cjal-9207	1061	10	~	~	SYM
cjal-9207	1061	11	pra	pra	PROPN
cjal-9207	1061	12	note	note	VERB
cjal-9207	1061	13	~8	~8	ADP
cjal-9207	1061	14	,	,	PUNCT
cjal-9207	1061	15	at	at	ADP
cjal-9207	1061	16	141	141	NUM
cjal-9207	1061	17	-	-	SYM
cjal-9207	1061	18	142	142	NUM
cjal-9207	1061	19	(	(	PUNCT
cjal-9207	1061	20	referring	refer	VERB
cjal-9207	1061	21	to	to	ADP
cjal-9207	1061	22	"	"	PUNCT
cjal-9207	1061	23	xi.tong	xi.tong	NOUN
cjal-9207	1061	24	"	"	PUNCT
cjal-9207	1061	25	as	as	ADP
cjal-9207	1061	26	an	an	DET
cjal-9207	1061	27	organizational	organizational	ADJ
cjal-9207	1061	28	concept	concept	NOUN
cjal-9207	1061	29	de	de	ADP
cjal-9207	1061	30	scn	scn	NOUN
cjal-9207	1061	31	bmg	bmg	PROPN
cjal-9207	1061	32	vertical	vertical	ADJ
cjal-9207	1061	33	functional	functional	ADJ
cjal-9207	1061	34	systems	system	NOUN
cjal-9207	1061	35	of	of	ADP
cjal-9207	1061	36	hierarchy	hierarchy	NOUN
cjal-9207	1061	37	which	which	PRON
cjal-9207	1061	38	comprise	comprise	VERB
cjal-9207	1061	39	china	china	PROPN
cjal-9207	1061	40	's	's	PART
cjal-9207	1061	41	governing	govern	VERB
cjal-9207	1061	42	bodies	body	NOUN
cjal-9207	1061	43	)	)	PUNCT
cjal-9207	1061	44	.	.	PUNCT
cjal-9207	1062	1	_	_	NOUN
cjal-9207	1063	1	171	171	NUM
cjal-9207	1063	2	see	see	VERB
cjal-9207	1063	3	,	,	PUNCT
cjal-9207	1063	4	e.g.	e.g.	ADV
cjal-9207	1063	5	,	,	PUNCT
cjal-9207	1063	6	~enneth	~enneth	ADJ
cjal-9207	1063	7	lieberthal	lieberthal	NOUN
cjal-9207	1063	8	,	,	PUNCT
cjal-9207	1063	9	china	china	PROPN
cjal-9207	1063	10	's	's	PART
cjal-9207	1063	11	gouerning	gouerning	NOUN
cjal-9207	1063	12	system	system	NOUN
cjal-9207	1063	13	and	and	CCONJ
cjal-9207	1063	14	its	its	PRON
cjal-9207	1063	15	impact	impact	NOUN
cjal-9207	1063	16	on	on	ADP
cjal-9207	1063	17	enuironmental	enuironmental	ADJ
cjal-9207	1063	18	policy	policy	NOUN
cjal-9207	1063	19	implem	implem	PROPN
cjal-9207	1063	20	entation	entation	NOUN
cjal-9207	1063	21	,	,	PUNCT
cjal-9207	1063	22	l	l	NOUN
cjal-9207	1063	23	cidna	cidna	PROPN
cjal-9207	1063	24	env't	env't	PROPN
cjal-9207	1063	25	series	series	NOUN
cjal-9207	1063	26	3	3	NUM
cjal-9207	1063	27	(	(	PUNCT
cjal-9207	1063	28	1997	1997	NUM
cjal-9207	1063	29	)	)	PUNCT
cjal-9207	1063	30	t	t	PROPN
cjal-9207	1063	31	4	4	NUM
cjal-9207	1063	32	-	-	SYM
cjal-9207	1063	33	6	6	NUM
cjal-9207	1063	34	(	(	PUNCT
cjal-9207	1063	35	dd	dd	NOUN
cjal-9207	1063	36	·	·	PUNCT
cjal-9207	1063	37	h	h	NOUN
cjal-9207	1063	38	·	·	PUNCT
cjal-9207	1063	39	·	·	PUNCT
cjal-9207	1064	1	f	f	X
cjal-9207	1065	1	nf1i	nf1i	ADV
cjal-9207	1065	2	.	.	PUNCT
cjal-9207	1066	1	a	a	DET
cjal-9207	1066	2	a	a	DET
cjal-9207	1066	3	ressmg	ressmg	NOUN
cjal-9207	1066	4	t	t	NOUN
cjal-9207	1066	5	e	e	X
cjal-9207	1066	6	s1tuat1on	s1tuat1on	ADP
cjal-9207	1066	7	o	o	PROPN
cjal-9207	1066	8	co	co	INTJ
cjal-9207	1066	9	ctmg	ctmg	NOUN
cjal-9207	1066	10	interests	interest	NOUN
cjal-9207	1066	11	and	and	CCONJ
cjal-9207	1066	12	incentives	incentive	NOUN
cjal-9207	1066	13	related	relate	VERB
cjal-9207	1066	14	t	t	X
cjal-9207	1066	15	th	th	X
cjal-9207	1066	16	·	·	PUNCT
cjal-9207	1066	17	l	l	NOUN
cjal-9207	1066	18	f	f	PROPN
cjal-9207	1066	19	environmental	environmental	ADJ
cjal-9207	1066	20	policy	policy	NOUN
cjal-9207	1066	21	)	)	PUNCT
cjal-9207	1066	22	.	.	PUNCT
cjal-9207	1067	1	o	o	X
cjal-9207	1067	2	e	e	X
cjal-9207	1067	3	imp	imp	X
cjal-9207	1067	4	ementabon	ementabon	NOUN
cjal-9207	1067	5	o	o	NOUN
cjal-9207	1067	6	172	172	NUM
cjal-9207	1067	7	see	see	VERB
cjal-9207	1067	8	,	,	PUNCT
cjal-9207	1067	9	e.g.	e.g.	ADV
cjal-9207	1067	10	,	,	PUNCT
cjal-9207	1067	11	ronald	ronald	PROPN
cjal-9207	1067	12	j.	j.	PROPN
cjal-9207	1067	13	gilson	gilson	PROPN
cjal-9207	1067	14	&	&	CCONJ
cjal-9207	1067	15	curtis	curtis	PROPN
cjal-9207	1067	16	j.	j.	PROPN
cjal-9207	1067	17	milhaupt	milhaupt	PROPN
cjal-9207	1067	18	,	,	PUNCT
cjal-9207	1067	19	economically	economically	ADV
cjal-9207	1067	20	benet·olent	benet·olent	ADJ
cjal-9207	1067	21	dictators	dictator	NOUN
cjal-9207	1067	22	,	,	PUNCT
cjal-9207	1067	23	59	59	NUM
cjal-9207	1067	24	am	am	NOUN
cjal-9207	1067	25	.	.	PUNCT
cjal-9207	1068	1	j.	j.	PROPN
cjal-9207	1068	2	comp	comp	PROPN
cjal-9207	1068	3	.	.	PUNCT
cjal-9207	1069	1	l.	l.	PROPN
cjal-9207	1069	2	227	227	NUM
cjal-9207	1069	3	,	,	PUNCT
cjal-9207	1069	4	262	262	NUM
cjal-9207	1069	5	(	(	PUNCT
cjal-9207	1069	6	2011	2011	NUM
cjal-9207	1069	7	)	)	PUNCT
cjal-9207	1069	8	(	(	PUNCT
cjal-9207	1070	1	ana	ana	PROPN
cjal-9207	1070	2	logizing	logizing	PROPN
cjal-9207	1070	3	chinese	chinese	PROPN
cjal-9207	1070	4	st	st	PROPN
cjal-9207	1070	5	t	t	PROPN
cjal-9207	1070	6	_	_	PUNCT
cjal-9207	1071	1	t	t	PROPN
cjal-9207	1071	2	11	11	NUM
cjal-9207	1071	3	d	d	PROPN
cjal-9207	1071	4	·	·	PUNCT
cjal-9207	1071	5	t	t	PROPN
cjal-9207	1071	6	private	private	ADJ
cjal-9207	1071	7	equity	equity	NOUN
cjal-9207	1071	8	firms	firm	NOUN
cjal-9207	1071	9	)	)	PUNCT
cjal-9207	1071	10	.	.	PUNCT
cjal-9207	1072	1	a	a	PRON
cjal-9207	1072	2	e	e	X
cjal-9207	1072	3	con	con	X
cjal-9207	1072	4	ro	ro	PROPN
cjal-9207	1072	5	e	e	PROPN
cjal-9207	1072	6	enterpnses	enterpnse	VERB
cjal-9207	1072	7	o	o	NOUN
cjal-9207	1072	8	173	173	NUM
cjal-9207	1072	9	see	see	VERB
cjal-9207	1072	10	,	,	PUNCT
cjal-9207	1072	11	for	for	ADP
cjal-9207	1072	12	example	example	NOUN
cjal-9207	1072	13	,	,	PUNCT
cjal-9207	1072	14	barry	barry	PROPN
cjal-9207	1072	15	chen	chen	PROPN
cjal-9207	1072	16	,	,	PUNCT
cjal-9207	1072	17	chinese	chinese	ADJ
cjal-9207	1072	18	mergers	merger	NOUN
cjal-9207	1072	19	and	and	CCONJ
cjal-9207	1072	20	acquisitions	acquisition	NOUN
cjal-9207	1072	21	:	:	PUNCT
cjal-9207	1072	22	what	what	PRON
cjal-9207	1072	23	's	be	AUX
cjal-9207	1072	24	~ext	~ext	NOUN
cjal-9207	1073	1	the	the	DET
cjal-9207	1073	2	manzella	manzella	PROPN
cjal-9207	1073	3	rep_ort	rep_ort	NOUN
cjal-9207	1073	4	,	,	PUNCT
cjal-9207	1073	5	july	july	PROPN
cjal-9207	1073	6	1	1	NUM
cjal-9207	1073	7	,	,	PUNCT
cjal-9207	1073	8	2015	2015	NUM
cjal-9207	1073	9	,	,	PUNCT
cjal-9207	1073	10	http	http	ADJ
cjal-9207	1073	11	:	:	PUNCT
cjal-9207	1073	12	//	//	NUM
cjal-9207	1073	13	www.manzellareport	www.manzellareport	NOUN
cjal-9207	1073	14	.com/	.com/	PUNCT
cjal-9207	1073	15	index.php/;tra~giessection/1014-chinese-mergers-and-acquisitions-what-s-next	index.php/;tra~giessection/1014-chinese-mergers-and-acquisitions-what-s-next	PROPN
cjal-9207	1073	16	(	(	PUNCT
cjal-9207	1073	17	t	t	PROPN
cjal-9207	1073	18	·	·	SYM
cjal-9207	1073	19	b	b	NOUN
cjal-9207	1073	20	f	f	PROPN
cjal-9207	1073	21	36	36	NUM
cjal-9207	1073	22	m&a	m&a	PROPN
cjal-9207	1073	23	·	·	PUNCT
cjal-9207	1073	24	repor	repor	VERB
cjal-9207	1073	25	mg	mg	PROPN
cjal-9207	1073	26	on	on	ADP
cjal-9207	1073	27	a	a	DET
cjal-9207	1073	28	num	num	ADJ
cjal-9207	1073	29	er	er	INTJ
cjal-9207	1073	30	o	o	X
cjal-9207	1073	31	1,5	1,5	NUM
cjal-9207	1073	32	tran	tran	NOUN
cjal-9207	1073	33	~	~	SYM
cjal-9207	1073	34	acbons	acbon	NOUN
cjal-9207	1073	35	that	that	PRON
cjal-9207	1073	36	were	be	AUX
cjal-9207	1073	37	closed	close	VERB
cjal-9207	1073	38	in	in	ADP
cjal-9207	1073	39	201	201	NUM
cjal-9207	1073	40	4	4	NUM
cjal-9207	1073	41	,	,	PUNCT
cjal-9207	1073	42	the	the	DET
cjal-9207	1073	43	majority	majority	NOUN
cjal-9207	1073	44	of	of	ADP
cjal-9207	1073	45	which	which	PRON
cjal-9207	1073	46	(	(	PUNCT
cjal-9207	1073	47	6s%	6s%	NOUN
cjal-9207	1073	48	)	)	PUNCT
cjal-9207	1073	49	related	relate	VERB
cjal-9207	1073	50	to	to	ADP
cjal-9207	1073	51	soes	soe	NOUN
cjal-9207	1073	52	restructurmg	restructurmg	NOUN
cjal-9207	1073	53	)	)	PUNCT
cjal-9207	1073	54	.	.	PUNCT
cjal-9207	1074	1	see	see	VERB
cjal-9207	1074	2	also	also	ADV
cjal-9207	1074	3	a	a	DET
cjal-9207	1074	4	report	report	NOUN
cjal-9207	1074	5	by	by	ADP
cjal-9207	1074	6	deza	deza	ADV
cjal-9207	1074	7	n	n	PROPN
cjal-9207	1074	8	shira	shira	PROPN
cjal-9207	1074	9	&	&	CCONJ
cjal-9207	1074	10	assoc	assoc	PROPN
cjal-9207	1074	11	·	·	PUNCT
cjal-9207	1074	12	te	te	PROPN
cjal-9207	1074	13	u	u	PROPN
cjal-9207	1074	14	de	de	X
cjal-9207	1074	15	·	·	PROPN
cjal-9207	1074	16	nd	nd	SYM
cjal-9207	1074	17	a	a	PRON
cjal-9207	1074	18	·	·	PUNCT
cjal-9207	1074	19	·	·	PUNCT
cjal-9207	1074	20	·	·	PUNCT
cjal-9207	1074	21	·	·	PUNCT
cjal-9207	1075	1	ch	ch	X
cjal-9207	1075	2	·	·	PUNCT
cjal-9207	1075	3	ia	ia	PROPN
cjal-9207	1075	4	s	s	PROPN
cjal-9207	1075	5	,	,	PUNCT
cjal-9207	1075	6	n	n	PRON
cjal-9207	1075	7	rstanding	rstande	VERB
cjal-9207	1075	8	mergers	merger	NOUN
cjal-9207	1075	9	a	a	DET
cjal-9207	1075	10	cqu1s1twns	cqu1s1twn	NOUN
cjal-9207	1075	11	in	in	ADP
cjal-9207	1075	12	ina	ina	PROPN
cjal-9207	1075	13	,	,	PUNCT
cjal-9207	1075	14	cidna	cidna	PROPN
cjal-9207	1075	15	briefing	briefing	PROPN
cjal-9207	1075	16	,	,	PUNCT
cjal-9207	1075	17	166	166	NUM
cjal-9207	1075	18	,	,	PUNCT
cjal-9207	1075	19	june	june	PROPN
cjal-9207	1075	20	-	-	PUNCT
cjal-9207	1075	21	jul	jul	PROPN
cjal-9207	1075	22	201	201	NUM
cjal-9207	1075	23	.	.	PUNCT
cjal-9207	1076	1	•	•	NUM
cjal-9207	1076	2	·	·	PUNCT
cjal-9207	1076	3	/fi.les/2016	/fi.les/2016	PROPN
cjal-9207	1076	4	/	/	SYM
cjal-9207	1076	5	mergers	merger	NOUN
cjal-9207	1076	6	-	-	PUNCT
cjal-9207	1076	7	acquisit	acquisit	ADJ
cjal-9207	1076	8	·	·	PUNCT
cjal-9207	1076	9	_	_	PUNCT
cjal-9207	1077	1	·	·	PUNCT
cjal-9207	1078	1	_	_	PUNCT
cjal-9207	1079	1	hi	hi	INTJ
cjal-9207	1079	2	df	df	INTJ
cjal-9207	1079	3	.	.	PUNCT
cjal-9207	1079	4	.	.	PUNCT
cjal-9207	1080	1	y	y	PROPN
cjal-9207	1080	2	6	6	NUM
cjal-9207	1080	3	,	,	PUNCT
cjal-9207	1080	4	http	http	ADJ
cjal-9207	1080	5	.	.	PUNCT
cjal-9207	1080	6	//www.1berchina.org	//www.1berchina.org	PUNCT
cjal-9207	1080	7	.	.	PUNCT
cjal-9207	1080	8	.	.	PUNCT
cjal-9207	1080	9	.	.	PUNCT
cjal-9207	1081	1	ions	ion	NOUN
cjal-9207	1081	2	m	m	VERB
cjal-9207	1081	3	c	c	NOUN
cjal-9207	1081	4	na	na	PART
cjal-9207	1081	5	.p	.p	PROPN
cjal-9207	1081	6	(	(	PUNCT
cjal-9207	1081	7	reviewmg	reviewmg	VERB
cjal-9207	1081	8	latest	late	ADJ
cjal-9207	1081	9	m&a	m&a	PROPN
cjal-9207	1081	10	market	market	NOUN
cjal-9207	1081	11	trends	trend	NOUN
cjal-9207	1082	1	mcludmg	mcludmg	VERB
cjal-9207	1082	2	proportion	proportion	NOUN
cjal-9207	1082	3	s	s	PART
cjal-9207	1082	4	and	and	CCONJ
cjal-9207	1082	5	di	di	PROPN
cjal-9207	1082	6	stri	stri	PROPN
cjal-9207	1082	7	buti	buti	PROPN
cjal-9207	1082	8	ons	ons	PROPN
cjal-9207	1082	9	across	across	ADP
cjal-9207	1082	10	1·ndust	1·ndust	PROPN
cjal-9207	1082	11	·	·	PUNCT
cjal-9207	1083	1	d	d	X
cjal-9207	1083	2	.	.	PUNCT
cjal-9207	1083	3	.	.	PUNCT
cjal-9207	1084	1	ries	rie	VERB
cjal-9207	1084	2	an	an	DET
cjal-9207	1084	3	reporting	reporting	NOUN
cjal-9207	1084	4	·	·	PUNCT
cjal-9207	1085	1	f39	f39	INTJ
cjal-9207	1085	2	%	%	NOUN
cjal-9207	1085	3	m	m	VERB
cjal-9207	1085	4	mbound	mbound	ADJ
cjal-9207	1085	5	m&a	m&a	PROPN
cjal-9207	1085	6	deals	deal	NOUN
cjal-9207	1085	7	from	from	ADP
cjal-9207	1085	8	2010	2010	NUM
cjal-9207	1085	9	to	to	ADP
cjal-9207	1085	10	20l	20l	NOUN
cjal-9207	1085	11	5	5	NUM
cjal-9207	1085	12	)	)	PUNCT
cjal-9207	1085	13	.	.	PUNCT
cjal-9207	1085	14	'	'	PUNCT
cjal-9207	1086	1	an	an	DET
cjal-9207	1086	2	mcrease	mcrease	NOUN
cjal-9207	1086	3	o	o	NOUN
cjal-9207	1086	4	2016	2016	NUM
cjal-9207	1086	5	]	]	PUNCT
cjal-9207	1086	6	minority	minority	NOUN
cjal-9207	1086	7	pubuc	pubuc	NOUN
cjal-9207	1086	8	shareholders	shareholder	NOUN
cjal-9207	1086	9	in	in	ADP
cjal-9207	1086	10	china	china	PROPN
cjal-9207	1086	11	47	47	NUM
cjal-9207	1086	12	firms	firm	NOUN
cjal-9207	1086	13	'	'	PART
cjal-9207	1086	14	asset	asset	NOUN
cjal-9207	1086	15	fluidity	fluidity	NOUN
cjal-9207	1086	16	,	,	PUNCT
cjal-9207	1086	17	competition	competition	NOUN
cjal-9207	1086	18	,	,	PUNCT
cjal-9207	1086	19	and	and	CCONJ
cjal-9207	1086	20	efficient	efficient	ADJ
cjal-9207	1086	21	operations	operation	NOUN
cjal-9207	1086	22	.	.	PUNCT
cjal-9207	1087	1	174	174	NUM
cjal-9207	1087	2	th	th	NUM
cjal-9207	1087	3	e	e	NOUN
cjal-9207	1087	4	consequence	consequence	NOUN
cjal-9207	1087	5	of	of	ADP
cjal-9207	1087	6	this	this	DET
cjal-9207	1087	7	form	form	NOUN
cjal-9207	1087	8	of	of	ADP
cjal-9207	1087	9	greater	great	ADJ
cjal-9207	1087	10	market	market	NOUN
cjal-9207	1087	11	competition	competition	NOUN
cjal-9207	1087	12	between	between	ADP
cjal-9207	1087	13	local	local	ADJ
cjal-9207	1087	14	government	government	NOUN
cjal-9207	1087	15	controlled	control	VERB
cjal-9207	1087	16	but	but	CCONJ
cjal-9207	1087	17	listed	list	VERB
cjal-9207	1087	18	-firms	-firm	NOUN
cjal-9207	1087	19	will	will	AUX
cjal-9207	1087	20	eventually	eventually	ADV
cjal-9207	1087	21	,	,	PUNCT
cjal-9207	1087	22	i	i	PRON
cjal-9207	1087	23	suggest	suggest	VERB
cjal-9207	1087	24	,	,	PUNCT
cjal-9207	1087	25	bring	bring	VERB
cjal-9207	1087	26	to	to	ADP
cjal-9207	1087	27	the	the	DET
cjal-9207	1087	28	emergence	emergence	NOUN
cjal-9207	1087	29	of	of	ADP
cjal-9207	1087	30	a	a	DET
cjal-9207	1087	31	partial	partial	ADJ
cjal-9207	1087	32	market	market	NOUN
cjal-9207	1087	33	for	for	ADP
cjal-9207	1087	34	corporate	corporate	ADJ
cjal-9207	1087	35	control	control	NOUN
cjal-9207	1087	36	(	(	PUNCT
cjal-9207	1087	37	still	still	ADV
cjal-9207	1087	38	mainly	mainly	ADV
cjal-9207	1087	39	within	within	ADP
cjal-9207	1087	40	such	such	ADJ
cjal-9207	1087	41	controlling	control	VERB
cjal-9207	1087	42	apparatus	apparatus	NOUN
cjal-9207	1087	43	)	)	PUNCT
cjal-9207	1087	44	.	.	PUNCT
cjal-9207	1088	1	this	this	DET
cjal-9207	1088	2	form	form	NOUN
cjal-9207	1088	3	of	of	ADP
cjal-9207	1088	4	a	a	DET
cjal-9207	1088	5	market	market	NOUN
cjal-9207	1088	6	for	for	ADP
cjal-9207	1088	7	corporate	corporate	ADJ
cjal-9207	1088	8	control	control	NOUN
cjal-9207	1088	9	,	,	PUNCT
cjal-9207	1088	10	in	in	ADP
cjal-9207	1088	11	turn	turn	NOUN
cjal-9207	1088	12	,	,	PUNCT
cjal-9207	1088	13	induces	induce	VERB
cjal-9207	1088	14	more	more	ADV
cjal-9207	1088	15	efficient	efficient	ADJ
cjal-9207	1088	16	capital	capital	NOUN
cjal-9207	1088	17	allocation	allocation	NOUN
cjal-9207	1088	18	which	which	PRON
cjal-9207	1088	19	takes	take	VERB
cjal-9207	1088	20	the	the	DET
cjal-9207	1088	21	interests	interest	NOUN
cjal-9207	1088	22	and	and	CCONJ
cjal-9207	1088	23	expectations	expectation	NOUN
cjal-9207	1088	24	of	of	ADP
cjal-9207	1088	25	public	public	ADJ
cjal-9207	1088	26	shareholders	shareholder	NOUN
cjal-9207	1088	27	under	under	ADP
cjal-9207	1088	28	greater	great	ADJ
cjal-9207	1088	29	consideration	consideration	NOUN
cjal-9207	1088	30	.	.	PUNCT
cjal-9207	1089	1	such	such	ADJ
cjal-9207	1089	2	rising	rise	VERB
cjal-9207	1089	3	competition	competition	NOUN
cjal-9207	1089	4	also	also	ADV
cjal-9207	1089	5	implies	imply	VERB
cjal-9207	1089	6	the	the	DET
cjal-9207	1089	7	creation	creation	NOUN
cjal-9207	1089	8	of	of	ADP
cjal-9207	1089	9	investments	investment	NOUN
cjal-9207	1089	10	alternatives	alternative	NOUN
cjal-9207	1089	11	,	,	PUNCT
cjal-9207	1089	12	currently	currently	ADV
cjal-9207	1089	13	completely	completely	ADV
cjal-9207	1089	14	missing	missing	ADJ
cjal-9207	1089	15	from	from	ADP
cjal-9207	1089	16	the	the	DET
cjal-9207	1089	17	prc	prc	PROPN
cjal-9207	1089	18	capital	capital	NOUN
cjal-9207	1089	19	markets	market	NOUN
cjal-9207	1089	20	,	,	PUNCT
cjal-9207	1089	21	which	which	PRON
cjal-9207	1089	22	in	in	ADP
cjal-9207	1089	23	turn	turn	NOUN
cjal-9207	1089	24	leverage	leverage	VERB
cjal-9207	1089	25	the	the	DET
cjal-9207	1089	26	power	power	NOUN
cjal-9207	1089	27	of	of	ADP
cjal-9207	1089	28	public	public	ADJ
cjal-9207	1089	29	shareholders	shareholder	NOUN
cjal-9207	1089	30	.	.	PUNCT
cjal-9207	1090	1	a	a	DET
cjal-9207	1090	2	limited	limited	ADJ
cjal-9207	1090	3	number	number	NOUN
cjal-9207	1090	4	of	of	ADP
cjal-9207	1090	5	what	what	PRON
cjal-9207	1090	6	is	be	AUX
cjal-9207	1090	7	traditionally	traditionally	ADV
cjal-9207	1090	8	seen	see	VERB
cjal-9207	1090	9	as	as	ADP
cjal-9207	1090	10	takeover	takeover	NOUN
cjal-9207	1090	11	battles	battle	NOUN
cjal-9207	1090	12	,	,	PUNCT
cjal-9207	1090	13	provide	provide	VERB
cjal-9207	1090	14	few	few	ADJ
cjal-9207	1090	15	examples	example	NOUN
cjal-9207	1090	16	that	that	SCONJ
cjal-9207	1090	17	the	the	DET
cjal-9207	1090	18	suggested	suggest	VERB
cjal-9207	1090	19	form	form	NOUN
cjal-9207	1090	20	of	of	ADP
cjal-9207	1090	21	a	a	DET
cjal-9207	1090	22	partia	partia	NOUN
cjal-9207	1090	23	l	l	NOUN
cjal-9207	1090	24	market	market	NOUN
cjal-9207	1090	25	for	for	ADP
cjal-9207	1090	26	corporate	corporate	ADJ
cjal-9207	1090	27	control	control	NOUN
cjal-9207	1090	28	is	be	AUX
cjal-9207	1090	29	indeed	indeed	ADV
cjal-9207	1090	30	emerging	emerge	VERB
cjal-9207	1090	31	:	:	PUNCT
cjal-9207	1090	32	for	for	ADP
cjal-9207	1090	33	instance	instance	NOUN
cjal-9207	1090	34	,	,	PUNCT
cjal-9207	1090	35	in	in	ADP
cjal-9207	1090	36	2012	2012	NUM
cjal-9207	1090	37	locally	locally	ADV
cjal-9207	1090	38	stateowned	stateowne	VERB
cjal-9207	1090	39	beijing	beijing	PROPN
cjal-9207	1090	40	enterprise	enterprise	NOUN
cjal-9207	1090	41	group	group	NOUN
cjal-9207	1090	42	sharply	sharply	ADV
cjal-9207	1090	43	increased	increase	VERB
cjal-9207	1090	44	its	its	PRON
cjal-9207	1090	45	stake	stake	NOUN
cjal-9207	1090	46	in	in	ADP
cjal-9207	1090	47	china	china	PROPN
cjal-9207	1090	48	gas	gas	PROPN
cjal-9207	1090	49	holding	holding	PROPN
cjal-9207	1090	50	ltd	ltd	PROPN
cjal-9207	1090	51	.	.	PROPN
cjal-9207	1091	1	a	a	DET
cjal-9207	1091	2	chinese	chinese	ADJ
cjal-9207	1091	3	company	company	NOUN
cjal-9207	1091	4	whose	whose	DET
cjal-9207	1091	5	shares	share	NOUN
cjal-9207	1091	6	are	be	AUX
cjal-9207	1091	7	listed	list	VERB
cjal-9207	1091	8	on	on	ADP
cjal-9207	1091	9	the	the	DET
cjal-9207	1091	10	hong	hong	PROPN
cjal-9207	1091	11	kong	kong	PROPN
cjal-9207	1091	12	exchange	exchange	PROPN
cjal-9207	1091	13	thereby	thereby	ADV
cjal-9207	1091	14	challenging	challenge	VERB
cjal-9207	1091	15	a	a	DET
cjal-9207	1091	16	joint	joint	ADJ
cjal-9207	1091	17	hostile	hostile	ADJ
cjal-9207	1091	18	takeover	takeover	NOUN
cjal-9207	1091	19	attempt	attempt	NOUN
cjal-9207	1091	20	by	by	ADP
cjal-9207	1091	21	another	another	DET
cjal-9207	1091	22	state	state	NOUN
cjal-9207	1091	23	-	-	PUNCT
cjal-9207	1091	24	owned	own	VERB
cjal-9207	1091	25	conglomerate	conglomerate	NOUN
cjal-9207	1091	26	sinopec	sinopec	PROPN
cjal-9207	1091	27	(	(	PUNCT
cjal-9207	1091	28	who	who	PRON
cjal-9207	1091	29	was	be	AUX
cjal-9207	1091	30	joined	join	VERB
cjal-9207	1091	31	by	by	ADP
cjal-9207	1091	32	privately	privately	ADV
cjal-9207	1091	33	owned	own	VERB
cjal-9207	1091	34	enn	enn	PROPN
cjal-9207	1091	35	energy	energy	PROPN
cjal-9207	1091	36	holdings	holdings	PROPN
cjal-9207	1091	37	ltd	ltd	PROPN
cjal-9207	1091	38	.	.	PROPN
cjal-9207	1091	39	)	)	PUNCT
cjal-9207	1091	40	.	.	PUNCT
cjal-9207	1092	1	175	175	NUM
cjal-9207	1092	2	similar	similar	ADJ
cjal-9207	1092	3	ly	ly	NOUN
cjal-9207	1092	4	,	,	PUNCT
cjal-9207	1092	5	in	in	ADP
cjal-9207	1092	6	a	a	DET
cjal-9207	1092	7	recent	recent	ADJ
cjal-9207	1092	8	bidding	bidding	NOUN
cjal-9207	1092	9	war	war	NOUN
cjal-9207	1092	10	,	,	PUNCT
cjal-9207	1092	11	an	an	DET
cjal-9207	1092	12	apparently	apparently	ADV
cjal-9207	1092	13	private	private	ADJ
cjal-9207	1092	14	shenzhen	shenzhen	NOUN
cjal-9207	1092	15	-	-	PUNCT
cjal-9207	1092	16	based	base	VERB
cjal-9207	1092	17	real	real	ADJ
cjal-9207	1092	18	-estate	-estate	ADJ
cjal-9207	1092	19	conglomerate	conglomerate	NOUN
cjal-9207	1092	20	baoneng	baoneng	NOUN
cjal-9207	1092	21	group	group	NOUN
cjal-9207	1092	22	,	,	PUNCT
cjal-9207	1092	23	has	have	AUX
cjal-9207	1092	24	gradually	gradually	ADV
cjal-9207	1092	25	bought	buy	VERB
cjal-9207	1092	26	shares	share	NOUN
cjal-9207	1092	27	in	in	ADP
cjal-9207	1092	28	china	china	PROPN
cjal-9207	1092	29	vanke	vanke	PROPN
cjal-9207	1092	30	co.	co.	PROPN
cjal-9207	1093	1	ltd	ltd	PROPN
cjal-9207	1093	2	.	.	PUNCT
cjal-9207	1094	1	the	the	DET
cjal-9207	1094	2	country	country	NOUN
cjal-9207	1094	3	's	's	PART
cjal-9207	1094	4	largest	large	ADJ
cjal-9207	1094	5	residential	residential	ADJ
cjal-9207	1094	6	area	area	NOUN
cjal-9207	1094	7	developer	developer	NOUN
cjal-9207	1094	8	whose	whose	DET
cjal-9207	1094	9	shares	share	NOUN
cjal-9207	1094	10	are	be	AUX
cjal-9207	1094	11	listed	list	VERB
cjal-9207	1094	12	on	on	ADP
cjal-9207	1094	13	the	the	DET
cjal-9207	1094	14	shenzhen	shenzhen	PROPN
cjal-9207	1094	15	and	and	CCONJ
cjal-9207	1094	16	hong	hong	PROPN
cjal-9207	1094	17	kong	kong	PROPN
cjal-9207	1094	18	exchanges	exchange	NOUN
cjal-9207	1094	19	thereby	thereby	ADV
cjal-9207	1094	20	overtaking	overtake	VERB
cjal-9207	1094	21	state	state	NOUN
cjal-9207	1094	22	owned	own	VERB
cjal-9207	1094	23	china	china	PROPN
cjal-9207	1094	24	resources	resources	PROPN
cjal-9207	1094	25	co.	co.	PROPN
cjal-9207	1094	26	ltd	ltd	PROPN
cjal-9207	1094	27	.	.	PROPN
cjal-9207	1095	1	as	as	ADP
cjal-9207	1095	2	vanke	vanke	PROPN
cjal-9207	1095	3	's	's	PART
cjal-9207	1095	4	new	new	ADJ
cjal-9207	1095	5	largest	large	ADJ
cjal-9207	1095	6	shareho	shareho	NOUN
cjal-9207	1095	7	lder	lder	PROPN
cjal-9207	1095	8	.	.	PUNCT
cjal-9207	1096	1	176	176	NUM
cjal-9207	1096	2	vanke	vanke	NOUN
cjal-9207	1096	3	's	's	PART
cjal-9207	1096	4	incumbent	incumbent	ADJ
cjal-9207	1096	5	managers	manager	NOUN
cjal-9207	1096	6	have	have	AUX
cjal-9207	1096	7	app	app	NOUN
cjal-9207	1096	8	lied	lie	VERB
cjal-9207	1096	9	various	various	ADJ
cjal-9207	1096	10	anti	anti	ADJ
cjal-9207	1096	11	-takeover	-takeover	NOUN
cjal-9207	1096	12	measures	measure	NOUN
cjal-9207	1096	13	to	to	PART
cjal-9207	1096	14	fend	fend	VERB
cjal-9207	1096	15	-	-	PUNCT
cjal-9207	1096	16	off	off	ADP
cjal-9207	1096	17	potential	potential	ADJ
cjal-9207	1096	18	takeover	takeover	NOUN
cjal-9207	1096	19	by	by	ADP
cjal-9207	1096	20	baoneng	baoneng	NOUN
cjal-9207	1096	21	,	,	PUNCT
cjal-9207	1096	22	ultimately	ultimately	ADV
cjal-9207	1096	23	cooperating	cooperate	VERB
cjal-9207	1096	24	with	with	ADP
cjal-9207	1096	25	a	a	DET
cjal-9207	1096	26	locally	locally	ADV
cjal-9207	1096	27	-	-	PUNCT
cjal-9207	1096	28	owned	own	VERB
cjal-9207	1096	29	sqe.177	sqe.177	NOUN
cjal-9207	1096	30	174	174	NUM
cjal-9207	1097	1	moreover	moreover	ADV
cjal-9207	1097	2	,	,	PUNCT
cjal-9207	1097	3	if	if	SCONJ
cjal-9207	1097	4	implemented	implement	VERB
cjal-9207	1097	5	on	on	ADP
cjal-9207	1097	6	a	a	DET
cjal-9207	1097	7	large	large	ADJ
cjal-9207	1097	8	scale	scale	NOUN
cjal-9207	1097	9	,	,	PUNCT
cjal-9207	1097	10	the	the	DET
cjal-9207	1097	11	debt	debt	NOUN
cjal-9207	1097	12	-	-	PUNCT
cjal-9207	1097	13	for	for	ADP
cjal-9207	1097	14	-	-	PUNCT
cjal-9207	1097	15	equity	equity	NOUN
cjal-9207	1097	16	swap	swap	NOUN
cjal-9207	1097	17	scheme	scheme	NOUN
cjal-9207	1097	18	currently	currently	ADV
cjal-9207	1097	19	being	be	AUX
cjal-9207	1097	20	considered	consider	VERB
cjal-9207	1097	21	by	by	ADP
cjal-9207	1097	22	chi	chi	NOUN
cjal-9207	1097	23	~	~	PROPN
cjal-9207	1097	24	a	a	DET
cjal-9207	1097	25	's	's	PART
cjal-9207	1097	26	policy	policy	NOUN
cjal-9207	1097	27	makers	maker	NOUN
cjal-9207	1097	28	will	will	AUX
cjal-9207	1097	29	contribute	contribute	VERB
cjal-9207	1097	30	to	to	ADP
cjal-9207	1097	31	assets	asset	NOUN
cjal-9207	1097	32	liquidity	liquidity	NOUN
cjal-9207	1097	33	as	as	ADV
cjal-9207	1097	34	well	well	ADV
cjal-9207	1097	35	.	.	PUNCT
cjal-9207	1098	1	see	see	VERB
cjal-9207	1098	2	,	,	PUNCT
cjal-9207	1098	3	notes	note	VERB
cjal-9207	1098	4	146	146	NUM
cjal-9207	1098	5	-	-	SYM
cjal-9207	1098	6	148	148	NUM
cjal-9207	1098	7	,	,	PUNCT
cjal-9207	1098	8	supra	supra	NOUN
cjal-9207	1098	9	.	.	PUNCT
cjal-9207	1099	1	m	m	PROPN
cjal-9207	1099	2	guo	guo	PROPN
cjal-9207	1099	3	aibing	aibing	PROPN
cjal-9207	1099	4	,	,	PUNCT
cjal-9207	1099	5	beijing	beijing	PROPN
cjal-9207	1099	6	enterprises	enterprise	NOUN
cjal-9207	1099	7	group	group	NOUN
cjal-9207	1099	8	buys	buy	VERB
cjal-9207	1099	9	more	more	ADJ
cjal-9207	1099	10	shares	share	NOUN
cjal-9207	1099	11	in	in	ADP
cjal-9207	1099	12	china	china	PROPN
cjal-9207	1099	13	gas	gas	NOUN
cjal-9207	1099	14	,	,	PUNCT
cjal-9207	1099	15	bloomberg	bloomberg	PROPN
cjal-9207	1099	16	(	(	PUNCT
cjal-9207	1099	17	may	may	PROPN
cjal-9207	1099	18	7	7	NUM
cjal-9207	1099	19	,	,	PUNCT
cjal-9207	1099	20	2012	2012	NUM
cjal-9207	1099	21	)	)	PUNCT
cjal-9207	1099	22	,	,	PUNCT
cjal-9207	1099	23	http://www.bloomberg.com/news/	http://www.bloomberg.com/news/	X
cjal-9207	1099	24	articles/20	articles/20	X
cjal-9207	1099	25	12	12	NUM
cjal-9207	1099	26	-	-	SYM
cjal-9207	1099	27	05	05	NUM
cjal-9207	1099	28	-	-	PUNCT
cjal-9207	1099	29	07	07	NUM
cjal-9207	1099	30	/	/	SYM
cjal-9207	1099	31	beijing	beijing	NOUN
cjal-9207	1099	32	-	-	PUNCT
cjal-9207	1099	33	enterprisesbecomes	enterprisesbecome	NOUN
cjal-9207	1099	34	-	-	PUNCT
cjal-9207	1099	35	single	single	ADV
cjal-9207	1099	36	-	-	PUNCT
cjal-9207	1099	37	largest	large	ADJ
cjal-9207	1099	38	-	-	PUNCT
cjal-9207	1099	39	china	china	NOUN
cjal-9207	1099	40	-	-	PUNCT
cjal-9207	1099	41	gas	gas	NOUN
cjal-9207	1099	42	-	-	PUNCT
cjal-9207	1099	43	shareholder	shareholder	NOUN
cjal-9207	1099	44	.	.	PUNCT
cjal-9207	1100	1	116	116	NUM
cjal-9207	1100	2	li	li	PROPN
cjal-9207	1100	3	xiang	xiang	PROPN
cjal-9207	1100	4	,	,	PUNCT
cjal-9207	1100	5	vanke	vanke	ADJ
cjal-9207	1100	6	'	'	PUNCT
cjal-9207	1100	7	ropes	rope	VERB
cjal-9207	1100	8	in	in	ADP
cjal-9207	1100	9	gouernment	gouernment	NOUN
cjal-9207	1100	10	help	help	NOUN
cjal-9207	1100	11	'	'	PUNCT
cjal-9207	1100	12	to	to	PART
cjal-9207	1100	13	ward	ward	VERB
cjal-9207	1100	14	off	off	ADP
cjal-9207	1100	15	biggest	big	ADJ
cjal-9207	1100	16	shareholder	shareholder	NOUN
cjal-9207	1100	17	baoneng	baoneng	NOUN
cjal-9207	1100	18	,	,	PUNCT
cjal-9207	1100	19	china	china	PROPN
cjal-9207	1100	20	daily	daily	PROPN
cjal-9207	1100	21	europe	europe	PROPN
cjal-9207	1100	22	(	(	PUNCT
cjal-9207	1100	23	dec	dec	PROPN
cjal-9207	1100	24	.	.	PROPN
cjal-9207	1100	25	22	22	NUM
cjal-9207	1100	26	,	,	PUNCT
cjal-9207	1100	27	2015	2015	NUM
cjal-9207	1100	28	)	)	PUNCT
cjal-9207	1100	29	,	,	PUNCT
cjal-9207	1100	30	http://europe.chinadaily.com.cn/	http://europe.chinadaily.com.cn/	PROPN
cjal-9207	1100	31	business/201512/22	business/201512/22	NUM
cjal-9207	1100	32	/content	/content	NOUN
cjal-9207	1100	33	22769475.htm	22769475.htm	NUM
cjal-9207	1100	34	.	.	PUNCT
cjal-9207	1101	1	17~	17~	PROPN
cjal-9207	1101	2	for	for	ADP
cjal-9207	1101	3	instance	instance	NOUN
cjal-9207	1101	4	,	,	PUNCT
cjal-9207	1101	5	vanke	vanke	PROPN
cjal-9207	1101	6	;	;	PUNCT
cjal-9207	1102	1	;	;	PUNCT
cjal-9207	1102	2	management	management	NOUN
cjal-9207	1102	3	first	first	ADV
cjal-9207	1102	4	initiated	initiate	VERB
cjal-9207	1102	5	a	a	DET
cjal-9207	1102	6	trade	trade	NOUN
cjal-9207	1102	7	suspension	suspension	NOUN
cjal-9207	1102	8	on	on	ADP
cjal-9207	1102	9	december	december	PROPN
cjal-9207	1102	10	18	18	NUM
cjal-9207	1102	11	,	,	PUNCT
cjal-9207	1102	12	2015	2015	NUM
cjal-9207	1102	13	,	,	PUNCT
cjal-9207	1102	14	and	and	CCONJ
cjal-9207	1102	15	renewed	renew	VERB
cjal-9207	1102	16	such	such	ADJ
cjal-9207	1102	17	suspension	suspension	NOUN
cjal-9207	1102	18	repeatedly	repeatedly	ADV
cjal-9207	1102	19	until	until	ADP
cjal-9207	1102	20	ju	ju	PROPN
cjal-9207	1102	21	ly	ly	ADP
cjal-9207	1102	22	4	4	NUM
cjal-9207	1102	23	,	,	PUNCT
cjal-9207	1102	24	2016	2016	NUM
cjal-9207	1102	25	,	,	PUNCT
cjal-9207	1102	26	presumably	presumably	ADV
cjal-9207	1102	27	to	to	PART
cjal-9207	1102	28	halt	halt	VERB
cjal-9207	1102	29	further	further	ADJ
cjal-9207	1102	30	purchase	purchase	NOUN
cjal-9207	1102	31	of	of	ADP
cjal-9207	1102	32	shares	share	NOUN
cjal-9207	1102	33	by	by	ADP
cjal-9207	1102	34	the	the	DET
cjal-9207	1102	35	hostile	hostile	ADJ
cjal-9207	1102	36	acquirer	acquirer	NOUN
cjal-9207	1102	37	.	.	PUNCT
cjal-9207	1103	1	see	see	VERB
cjal-9207	1103	2	report	report	NOUN
cjal-9207	1103	3	on	on	ADP
cjal-9207	1103	4	suspension	suspension	NOUN
cjal-9207	1103	5	of	of	ADP
cjal-9207	1103	6	trading	trading	NOUN
cjal-9207	1103	7	due	due	ADP
cjal-9207	1103	8	to	to	ADP
cjal-9207	1103	9	major	major	ADJ
cjal-9207	1103	10	capital	capital	NOUN
cjal-9207	1103	11	restructure	restructure	NOUN
cjal-9207	1103	12	,	,	PUNCT
cjal-9207	1103	13	shenzhen	shenzhen	PROPN
cjal-9207	1103	14	stock	stock	PROPN
cjal-9207	1103	15	exchange	exchange	PROPN
cjal-9207	1103	16	,	,	PUNCT
cjal-9207	1103	17	june	june	PROPN
cjal-9207	1103	18	15	15	NUM
cjal-9207	1103	19	,	,	PUNCT
cjal-9207	1103	20	2016	2016	NUM
cjal-9207	1103	21	,	,	PUNCT
cjal-9207	1103	22	available	available	ADJ
cjal-9207	1103	23	at	at	ADP
cjal-9207	1103	24	http:/ldisclosure.szse.cn	http:/ldisclosure.szse.cn	PROPN
cjal-9207	1103	25	/	/	SYM
cjal-9207	1103	26	finalpage/2016	finalpage/2016	PROPN
cjal-9207	1103	27	-	-	PUNCT
cjal-9207	1103	28	06	06	NUM
cjal-9207	1103	29	-	-	SYM
cjal-9207	1103	30	15/1202368720.pdf	15/1202368720.pdf	NOUN
cjal-9207	1103	31	.	.	PUNCT
cjal-9207	1104	1	in	in	ADP
cjal-9207	1104	2	march	march	PROPN
cjal-9207	1104	3	2016	2016	NUM
cjal-9207	1104	4	,	,	PUNCT
cjal-9207	1104	5	the	the	DET
cjal-9207	1104	6	company	company	NOUN
cjal-9207	1104	7	applied	apply	VERB
cjal-9207	1104	8	what	what	PRON
cjal-9207	1104	9	is	be	AUX
cjal-9207	1104	10	known	know	VERB
cjal-9207	1104	11	as	as	ADP
cjal-9207	1104	12	a	a	DET
cjal-9207	1104	13	"	"	PUNCT
cjal-9207	1104	14	white	white	ADJ
cjal-9207	1104	15	knight	knight	NOUN
cjal-9207	1104	16	strategy	strategy	NOUN
cjal-9207	1104	17	"	"	PUNCT
cjal-9207	1104	18	in	in	ADP
cjal-9207	1104	19	which	which	PRON
cjal-9207	1104	20	a	a	DET
cjal-9207	1104	21	strategic	strategic	ADJ
cjal-9207	1104	22	cooperation	cooperation	NOUN
cjal-9207	1104	23	with	with	ADP
cjal-9207	1104	24	an	an	DET
cjal-9207	1104	25	alternative	alternative	ADJ
cjal-9207	1104	26	friendly	friendly	ADJ
cjal-9207	1104	27	buyer	buyer	NOUN
cjal-9207	1104	28	(	(	PUNCT
cjal-9207	1104	29	in	in	ADP
cjal-9207	1104	30	this	this	DET
cjal-9207	1104	31	case	case	NOUN
cjal-9207	1104	32	a	a	DET
cjal-9207	1104	33	locally	locally	ADV
cjal-9207	1104	34	-	-	PUNCT
cjal-9207	1104	35	owned	own	VERB
cjal-9207	1104	36	soe	soe	PROPN
cjal-9207	1104	37	shenzhen	shenzhen	PROPN
cjal-9207	1104	38	metro	metro	PROPN
cjal-9207	1104	39	group	group	PROPN
cjal-9207	1104	40	)	)	PUNCT
cjal-9207	1104	41	is	be	AUX
cjal-9207	1104	42	sought	seek	VERB
cjal-9207	1104	43	out	out	ADP
cjal-9207	1104	44	to	to	PART
cjal-9207	1104	45	fend	fend	VERB
cjal-9207	1104	46	-	-	PUNCT
cjal-9207	1104	47	off	off	ADP
cjal-9207	1104	48	a	a	DET
cjal-9207	1104	49	hostile	hostile	ADJ
cjal-9207	1104	50	acquisition	acquisition	NOUN
cjal-9207	1104	51	.	.	PUNCT
cjal-9207	1105	1	see	see	VERB
cjal-9207	1105	2	press	press	NOUN
cjal-9207	1105	3	release	release	NOUN
cjal-9207	1105	4	,	,	PUNCT
cjal-9207	1105	5	vanke	vanke	PROPN
cjal-9207	1105	6	,	,	PUNCT
cjal-9207	1105	7	shenzhen	shenzhen	PROPN
cjal-9207	1105	8	metro	metro	PROPN
cjal-9207	1105	9	group	group	PROPN
cjal-9207	1105	10	and	and	CCONJ
cjal-9207	1105	11	vanke	vanke	PROPN
cjal-9207	1105	12	achieved	achieve	VERB
cjal-9207	1105	13	a	a	DET
cjal-9207	1105	14	strategic	strategic	ADJ
cjal-9207	1105	15	cooperation	cooperation	NOUN
cjal-9207	1105	16	(	(	PUNCT
cjal-9207	1105	17	apr	apr	PROPN
cjal-9207	1105	18	.	.	PROPN
cjal-9207	1105	19	13	13	NUM
cjal-9207	1105	20	,	,	PUNCT
cjal-9207	1105	21	2016	2016	NUM
cjal-9207	1105	22	)	)	PUNCT
cjal-9207	1105	23	,	,	PUNCT
cjal-9207	1105	24	available	available	ADJ
cjal-9207	1105	25	at	at	ADP
cjal-9207	1105	26	http://www.vanke.com	http://www.vanke.com	X
cjal-9207	1105	27	/en	/en	PROPN
cjal-9207	1105	28	/	/	SYM
cjal-9207	1105	29	news.aspx?type=8&id=	news.aspx?type=8&id=	NOUN
cjal-9207	1105	30	4260	4260	NUM
cjal-9207	1105	31	.	.	PUNCT
cjal-9207	1106	1	very	very	ADV
cjal-9207	1106	2	recently	recently	ADV
cjal-9207	1106	3	,	,	PUNCT
cjal-9207	1106	4	in	in	ADP
cjal-9207	1106	5	january	january	PROPN
cjal-9207	1106	6	2017	2017	NUM
cjal-9207	1106	7	,	,	PUNCT
cjal-9207	1106	8	vanke	vanke	PROPN
cjal-9207	1106	9	's	's	PART
cjal-9207	1106	10	dominant	dominant	ADJ
cjal-9207	1106	11	state	state	NOUN
cjal-9207	1106	12	shareholder	shareholder	NOUN
cjal-9207	1106	13	sold	sell	VERB
cjal-9207	1106	14	its	its	PRON
cjal-9207	1106	15	shares	share	NOUN
cjal-9207	1106	16	to	to	ADP
cjal-9207	1106	17	the	the	DET
cjal-9207	1106	18	same	same	ADJ
cjal-9207	1106	19	locally	locally	ADV
cjal-9207	1106	20	owned	own	VERB
cjal-9207	1106	21	soe	soe	PROPN
cjal-9207	1106	22	shenzhen	shenzhen	PROPN
cjal-9207	1106	23	metro	metro	PROPN
cjal-9207	1106	24	group	group	PROPN
cjal-9207	1106	25	who	who	PRON
cjal-9207	1106	26	acted	act	VERB
cjal-9207	1106	27	as	as	ADP
cjal-9207	1106	28	the	the	DET
cjal-9207	1106	29	white	white	ADJ
cjal-9207	1106	30	night	night	NOUN
cjal-9207	1106	31	under	under	ADP
cjal-9207	1106	32	the	the	DET
cjal-9207	1106	33	initial	initial	ADJ
cjal-9207	1106	34	management	management	NOUN
cjal-9207	1106	35	's	's	PART
cjal-9207	1106	36	anti	anti	ADJ
cjal-9207	1106	37	-	-	ADJ
cjal-9207	1106	38	takeover	takeover	ADJ
cjal-9207	1106	39	strategy	strategy	NOUN
cjal-9207	1106	40	.	.	PUNCT
cjal-9207	1107	1	see	see	VERB
cjal-9207	1107	2	report	report	NOUN
cjal-9207	1107	3	on	on	ADP
cjal-9207	1107	4	registration	registration	NOUN
cjal-9207	1107	5	of	of	ADP
cjal-9207	1107	6	transferred	transfer	VERB
cjal-9207	1107	7	shares	share	NOUN
cjal-9207	1107	8	,	,	PUNCT
cjal-9207	1107	9	shenzhen	shenzhen	PROPN
cjal-9207	1107	10	stock	stock	PROPN
cjal-9207	1107	11	exchange	exchange	PROPN
cjal-9207	1107	12	,	,	PUNCT
cjal-9207	1107	13	jan	jan	PROPN
cjal-9207	1107	14	.	.	PROPN
cjal-9207	1107	15	25	25	NUM
cjal-9207	1107	16	,	,	PUNCT
cjal-9207	1107	17	2017	2017	NUM
cjal-9207	1107	18	,	,	PUNCT
cjal-9207	1107	19	available	available	ADJ
cjal-9207	1107	20	at	at	ADP
cjal-9207	1107	21	http://disclosure.szse.cn/fina1	http://disclosure.szse.cn/fina1	NOUN
cjal-9207	1107	22	page/2017	page/2017	X
cjal-9207	1107	23	-	-	PUNCT
cjal-9207	1107	24	01	01	NUM
cjal-9207	1107	25	-	-	PUNCT
cjal-9207	1107	26	25/1203052214.pdf	25/1203052214.pdf	NUM
cjal-9207	1107	27	.	.	PUNCT
cjal-9207	1108	1	48	48	NUM
cjal-9207	1108	2	c	c	PROPN
cjal-9207	1108	3	olumbia	olumbia	NOUN
cjal-9207	1108	4	j	j	PROPN
cjal-9207	1108	5	ournal	ournal	NOUN
cjal-9207	1108	6	of	of	ADP
cjal-9207	1108	7	asian	asian	ADJ
cjal-9207	1108	8	law	law	NOUN
cjal-9207	1109	1	[	[	X
cjal-9207	1109	2	vol	vol	NOUN
cjal-9207	1109	3	.	.	PUNCT
cjal-9207	1110	1	30:1	30:1	NUM
cjal-9207	1110	2	even	even	ADV
cjal-9207	1110	3	if	if	SCONJ
cjal-9207	1110	4	such	such	ADJ
cjal-9207	1110	5	scenario	scenario	NOUN
cjal-9207	1110	6	of	of	ADP
cjal-9207	1110	7	econom	econom	PROPN
cjal-9207	1110	8	ic	ic	PROPN
cjal-9207	1110	9	disentanglement	disentanglement	PROPN
cjal-9207	1110	10	does	do	AUX
cjal-9207	1110	11	not	not	PART
cjal-9207	1110	12	result	result	VERB
cjal-9207	1110	13	in	in	ADP
cjal-9207	1110	14	a	a	DET
cjal-9207	1110	15	market	market	NOUN
cjal-9207	1110	16	for	for	ADP
cjal-9207	1110	17	corporat	corporat	NOUN
cjal-9207	1110	18	e	e	X
cjal-9207	1110	19	con	con	X
cjal-9207	1110	20	tr	tr	VERB
cjal-9207	1110	21	ol	ol	PROPN
cjal-9207	1110	22	per	per	X
cjal-9207	1110	23	se	se	X
cjal-9207	1110	24	(	(	PUNCT
cjal-9207	1110	25	as	as	SCONJ
cjal-9207	1110	26	contro	contro	PROPN
cjal-9207	1110	27	l	l	NOUN
cjal-9207	1110	28	battles	battle	NOUN
cjal-9207	1110	29	will	will	AUX
cjal-9207	1110	30	still	still	ADV
cjal-9207	1110	31	be	be	AUX
cjal-9207	1110	32	confined	confine	VERB
cjal-9207	1110	33	to	to	ADP
cjal-9207	1110	34	dominant	dominant	ADJ
cjal-9207	1110	35	play	play	NOUN
cjal-9207	1110	36	er	er	INTJ
cjal-9207	1110	37	s	s	X
cjal-9207	1110	38	,	,	PUNCT
cjal-9207	1110	39	for	for	ADP
cjal-9207	1110	40	th	th	NUM
cjal-9207	1111	1	e	e	NOUN
cjal-9207	1111	2	m	m	PRON
cjal-9207	1111	3	ost	ost	VERB
cjal-9207	1111	4	part	part	NOUN
cjal-9207	1111	5	still	still	ADV
cjal-9207	1111	6	affiliated	affiliate	VERB
cjal-9207	1111	7	with	with	ADP
cjal-9207	1111	8	the	the	DET
cjal-9207	1111	9	controlling	control	VERB
cjal-9207	1111	10	apparatu	apparatu	NOUN
cjal-9207	1111	11	s	s	NOUN
cjal-9207	1111	12	)	)	PUNCT
cjal-9207	1111	13	,	,	PUNCT
cjal-9207	1111	14	in	in	ADP
cjal-9207	1111	15	cr	cr	PART
cjal-9207	1111	16	ease	ease	VERB
cjal-9207	1111	17	d	d	NOUN
cjal-9207	1111	18	competition	competition	NOUN
cjal-9207	1111	19	with	with	ADP
cjal-9207	1111	20	a	a	DET
cjal-9207	1111	21	focus	focus	NOUN
cjal-9207	1111	22	on	on	ADP
cjal-9207	1111	23	shareho	shareho	PROPN
cjal-9207	1111	24	lder	lder	PROPN
cjal-9207	1111	25	value	value	NOUN
cjal-9207	1111	26	will	will	AUX
cjal-9207	1111	27	hopefull	hopefull	VERB
cjal-9207	1111	28	y	y	PROPN
cjal-9207	1111	29	als	als	VERB
cjal-9207	1111	30	o	o	PROPN
cjal-9207	1111	31	cr	cr	PROPN
cjal-9207	1111	32	ea	ea	PROPN
cjal-9207	1111	33	t	t	PROPN
cjal-9207	1111	34	e	e	PROPN
cjal-9207	1111	35	comp	comp	NOUN
cjal-9207	1111	36	etition	etition	NOUN
cjal-9207	1111	37	over	over	ADP
cjal-9207	1111	38	better	well	ADJ
cjal-9207	1111	39	corporate	corporate	ADJ
cjal-9207	1111	40	governance	governance	NOUN
cjal-9207	1111	41	norms	norm	NOUN
cjal-9207	1111	42	.178	.178	NUM
cjal-9207	1111	43	th	th	X
cjal-9207	1111	44	e	e	X
cjal-9207	1111	45	av	av	PROPN
cjal-9207	1111	46	ail	ail	PROPN
cjal-9207	1111	47	abili	abili	NOUN
cjal-9207	1111	48	ty	ty	NUM
cjal-9207	1111	49	of	of	ADP
cjal-9207	1111	50	better	well	ADJ
cjal-9207	1111	51	investment	investment	NOUN
cjal-9207	1111	52	alternatives	alternative	NOUN
cjal-9207	1111	53	will	will	AUX
cjal-9207	1111	54	empower	empower	VERB
cjal-9207	1111	55	minorit	minorit	VERB
cjal-9207	1111	56	y	y	PROPN
cjal-9207	1111	57	publi	publi	PROPN
cjal-9207	1111	58	c	c	PROPN
cjal-9207	1111	59	shar	shar	PROPN
cjal-9207	1111	60	eh	eh	INTJ
cjal-9207	1111	61	olders	older	NOUN
cjal-9207	1111	62	to	to	ADP
cjal-9207	1111	63	greater	great	ADJ
cjal-9207	1111	64	monitoring	monitoring	NOUN
cjal-9207	1111	65	and	and	CCONJ
cjal-9207	1111	66	governance	governance	NOUN
cjal-9207	1111	67	participation	participation	NOUN
cjal-9207	1111	68	at	at	ADP
cjal-9207	1111	69	least	least	ADJ
cjal-9207	1111	70	thr	thr	PRON
cjal-9207	1111	71	ough	ough	ADJ
cjal-9207	1111	72	strategic	strategic	ADJ
cjal-9207	1111	73	use	use	NOUN
cjal-9207	1111	74	of	of	ADP
cjal-9207	1111	75	the	the	DET
cjal-9207	1111	76	stock	stock	NOUN
cjal-9207	1111	77	market	market	NOUN
cjal-9207	1111	78	and	and	CCONJ
cjal-9207	1111	79	threat	threat	NOUN
cjal-9207	1111	80	s	s	X
cjal-9207	1111	81	of	of	ADP
cjal-9207	1111	82	exi	exi	PROPN
cjal-9207	1111	83	t	t	PROPN
cjal-9207	1111	84	as	as	ADP
cjal-9207	1111	85	a	a	DET
cjal-9207	1111	86	form	form	NOUN
cjal-9207	1111	87	of	of	ADP
cjal-9207	1111	88	voice	voice	NOUN
cjal-9207	1111	89	.	.	PUNCT
cjal-9207	1112	1	to	to	PART
cjal-9207	1112	2	be	be	AUX
cjal-9207	1112	3	sure	sure	ADJ
cjal-9207	1112	4	,	,	PUNCT
cjal-9207	1112	5	a	a	DET
cjal-9207	1112	6	continuation	continuation	NOUN
cjal-9207	1112	7	of	of	ADP
cjal-9207	1112	8	th	th	X
cjal-9207	1112	9	e	e	NOUN
cjal-9207	1112	10	ongoing	ongoing	ADJ
cjal-9207	1112	11	economi	economi	NOUN
cjal-9207	1113	1	c	c	PROPN
cjal-9207	1113	2	di	di	X
cjal-9207	1113	3	se	se	PROPN
cjal-9207	1113	4	nt	nt	PROPN
cjal-9207	1114	1	a	a	DET
cjal-9207	1114	2	n	n	NUM
cjal-9207	1114	3	glem	glem	NOUN
cjal-9207	1114	4	en	en	ADP
cjal-9207	1114	5	t	t	PROPN
cjal-9207	1114	6	and	and	CCONJ
cjal-9207	1114	7	further	further	ADJ
cjal-9207	1114	8	administrative	administrative	ADJ
cjal-9207	1114	9	decentralization	decentralization	NOUN
cjal-9207	1114	10	that	that	PRON
cjal-9207	1114	11	will	will	AUX
cjal-9207	1114	12	m	m	VERB
cjal-9207	1114	13	it	it	PRON
cjal-9207	1114	14	igate	igate	VERB
cjal-9207	1114	15	th	th	X
cjal-9207	1114	16	e	e	NOUN
cjal-9207	1114	17	current	current	ADJ
cjal-9207	1114	18	network	network	NOUN
cjal-9207	1114	19	of	of	ADP
cjal-9207	1114	20	conflicting	conflict	VERB
cjal-9207	1114	21	intere	intere	NOUN
cjal-9207	1114	22	sts	st	NOUN
cjal-9207	1114	23	,	,	PUNCT
cjal-9207	1114	24	directl	directl	NOUN
cjal-9207	1114	25	y	y	PRON
cjal-9207	1114	26	affect	affect	VERB
cjal-9207	1114	27	th	th	X
cjal-9207	1114	28	e	e	X
cjal-9207	1114	29	lik	lik	PROPN
cjal-9207	1114	30	elih	elih	VERB
cjal-9207	1114	31	ood	ood	PROPN
cjal-9207	1114	32	of	of	ADP
cjal-9207	1114	33	these	these	DET
cjal-9207	1114	34	scenarios	scenario	NOUN
cjal-9207	1114	35	.	.	PUNCT
cjal-9207	1115	1	a	a	DET
cjal-9207	1115	2	preferred	prefer	VERB
cjal-9207	1115	3	-golde	-golde	ADJ
cjal-9207	1115	4	n	n	CCONJ
cjal-9207	1115	5	-	-	PUNCT
cjal-9207	1115	6	share	share	NOUN
cjal-9207	1115	7	r	r	NOUN
cjal-9207	1115	8	eorganization	eorganization	NOUN
cjal-9207	1115	9	scheme	scheme	NOUN
cjal-9207	1115	10	an	an	DET
cjal-9207	1115	11	additional	additional	ADJ
cjal-9207	1115	12	rout	rout	NOUN
cjal-9207	1115	13	e	e	NOUN
cjal-9207	1115	14	that	that	PRON
cjal-9207	1115	15	ca	can	AUX
cjal-9207	1115	16	n	n	ADV
cjal-9207	1115	17	lea	lea	PROPN
cjal-9207	1115	18	d	d	PROPN
cjal-9207	1115	19	to	to	ADP
cjal-9207	1115	20	the	the	DET
cjal-9207	1115	21	development	development	NOUN
cjal-9207	1115	22	of	of	ADP
cjal-9207	1115	23	a	a	DET
cjal-9207	1115	24	partial	partial	ADJ
cjal-9207	1115	25	market	market	NOUN
cjal-9207	1115	26	for	for	ADP
cjal-9207	1115	27	corporate	corporate	ADJ
cjal-9207	1115	28	control	control	NOUN
cjal-9207	1115	29	,	,	PUNCT
cjal-9207	1115	30	consequent	consequent	ADJ
cjal-9207	1115	31	ly	ly	ADP
cjal-9207	1115	32	empowering	empower	VERB
cjal-9207	1115	33	minority	minority	NOUN
cjal-9207	1115	34	public	public	ADJ
cjal-9207	1115	35	shareholder	shareholder	NOUN
cjal-9207	1115	36	s	s	PROPN
cjal-9207	1115	37	in	in	ADP
cjal-9207	1115	38	china	china	PROPN
cjal-9207	1115	39	to	to	ADP
cjal-9207	1115	40	gr	gr	PROPN
cjal-9207	1115	41	ea	ea	PROPN
cjal-9207	1115	42	t	t	PROPN
cjal-9207	1115	43	er	er	INTJ
cjal-9207	1115	44	involv	involv	NOUN
cjal-9207	1115	45	ement	ement	NOUN
cjal-9207	1115	46	in	in	ADP
cjal-9207	1115	47	firm	firm	ADJ
cjal-9207	1115	48	monitoring	monitoring	NOUN
cjal-9207	1115	49	and	and	CCONJ
cjal-9207	1115	50	governance	governance	NOUN
cjal-9207	1115	51	participation	participation	NOUN
cjal-9207	1115	52	,	,	PUNCT
cjal-9207	1115	53	ye	ye	PROPN
cjal-9207	1115	54	t	t	PROPN
cjal-9207	1115	55	un	un	PROPN
cjal-9207	1115	56	der	der	PROPN
cjal-9207	1115	57	st	st	PROPN
cjal-9207	1115	58	ill	ill	VERB
cjal-9207	1115	59	a	a	DET
cjal-9207	1115	60	form	form	NOUN
cjal-9207	1115	61	of	of	ADP
cjal-9207	1115	62	state	state	NOUN
cjal-9207	1115	63	-	-	PUNCT
cjal-9207	1115	64	capitalism	capitalism	NOUN
cjal-9207	1115	65	,	,	PUNCT
cjal-9207	1115	66	is	be	AUX
cjal-9207	1115	67	a	a	DET
cjal-9207	1115	68	"	"	PUNCT
cjal-9207	1115	69	preferred	prefer	VERB
cjal-9207	1115	70	-	-	PUNCT
cjal-9207	1115	71	goldenshare	goldenshare	NOUN
cjal-9207	1115	72	"	"	PUNCT
cjal-9207	1115	73	r	r	NOUN
cjal-9207	1115	74	eor	eor	NOUN
cjal-9207	1115	75	gan	gan	PROPN
cjal-9207	1115	76	izatio	izatio	ADP
cjal-9207	1115	77	n	n	PROPN
cjal-9207	1115	78	scheme	scheme	NOUN
cjal-9207	1115	79	.	.	PUNCT
cjal-9207	1116	1	such	such	ADJ
cjal-9207	1116	2	scheme	scheme	NOUN
cjal-9207	1116	3	will	will	AUX
cjal-9207	1116	4	introduce	introduce	VERB
cjal-9207	1116	5	a	a	DET
cjal-9207	1116	6	mechani	mechani	NOUN
cjal-9207	1116	7	sm	sm	PROPN
cjal-9207	1116	8	anal	anal	PROPN
cjal-9207	1116	9	ogue	ogue	NOUN
cjal-9207	1116	10	to	to	ADP
cjal-9207	1116	11	the	the	DET
cjal-9207	1116	12	"	"	PUNCT
cjal-9207	1116	13	golden	golden	ADJ
cjal-9207	1116	14	share	share	NOUN
cjal-9207	1116	15	"	"	PUNCT
cjal-9207	1116	16	,	,	PUNCT
cjal-9207	1116	17	in	in	ADP
cjal-9207	1116	18	order	order	NOUN
cjal-9207	1116	19	to	to	PART
cjal-9207	1116	20	preserve	preserve	VERB
cjal-9207	1116	21	desired	desire	VERB
cjal-9207	1116	22	stat	stat	PROPN
cjal-9207	1116	23	e	e	X
cjal-9207	1116	24	inter	inter	NOUN
cjal-9207	1116	25	ests	est	NOUN
cjal-9207	1116	26	.	.	PUNCT
cjal-9207	1117	1	a	a	DET
cjal-9207	1117	2	golden	golden	ADJ
cjal-9207	1117	3	share	share	NOUN
cjal-9207	1117	4	is	be	AUX
cjal-9207	1117	5	a	a	DET
cjal-9207	1117	6	special	special	ADJ
cjal-9207	1117	7	share	share	NOUN
cjal-9207	1117	8	given	give	VERB
cjal-9207	1117	9	to	to	ADP
cjal-9207	1117	10	a	a	DET
cjal-9207	1117	11	government	government	NOUN
cjal-9207	1117	12	organiz	organiz	ADP
cjal-9207	1117	13	a	a	DET
cjal-9207	1117	14	tion	tion	NOUN
cjal-9207	1117	15	wit	wit	NOUN
cjal-9207	1117	16	h	h	PROPN
cjal-9207	1117	17	attac	attac	PROPN
cjal-9207	1117	18	h	h	PROPN
cjal-9207	1117	19	ed	ed	NOUN
cjal-9207	1117	20	veto	veto	NOUN
cjal-9207	1117	21	rights	right	NOUN
cjal-9207	1117	22	that	that	PRON
cjal-9207	1117	23	vest	vest	VERB
cjal-9207	1117	24	upon	upon	SCONJ
cjal-9207	1117	25	certain	certain	ADJ
cjal-9207	1117	26	events	event	NOUN
cjal-9207	1117	27	.	.	PUNCT
cjal-9207	1118	1	this	this	DET
cjal-9207	1118	2	me	i	PRON
cjal-9207	1118	3	chani	chani	PROPN
cjal-9207	1118	4	sm	sm	PROPN
cjal-9207	1118	5	was	be	AUX
cjal-9207	1118	6	u	u	PRON
cjal-9207	1118	7	tilized	tilize	VERB
cjal-9207	1118	8	to	to	PART
cjal-9207	1118	9	preserve	preserve	VERB
cjal-9207	1118	10	strategic	strategic	ADJ
cjal-9207	1118	11	government	government	NOUN
cjal-9207	1118	12	influence	influence	NOUN
cjal-9207	1118	13	or	or	CCONJ
cjal-9207	1118	14	contr	contr	VERB
cjal-9207	1118	15	ol	ol	PROPN
cjal-9207	1118	16	durin	durin	VERB
cjal-9207	1118	17	g	g	ADP
cjal-9207	1118	18	a	a	DET
cjal-9207	1118	19	process	process	NOUN
cjal-9207	1118	20	of	of	ADP
cjal-9207	1118	21	privatization	privatization	NOUN
cjal-9207	1118	22	in	in	ADP
cjal-9207	1118	23	several	several	ADJ
cjal-9207	1118	24	transitional	transitional	ADJ
cjal-9207	1118	25	economies	economy	NOUN
cjal-9207	1118	26	.119	.119	NUM
cjal-9207	1118	27	two	two	NUM
cjal-9207	1118	28	prominent	prominent	ADJ
cjal-9207	1118	29	form	form	NOUN
cjal-9207	1118	30	s	s	VERB
cjal-9207	1118	31	of	of	ADP
cjal-9207	1118	32	s	s	PRON
cjal-9207	1118	33	ta	ta	X
cjal-9207	1118	34	te	te	PROPN
cjal-9207	1119	1	golde	golde	PROPN
cjal-9207	1119	2	n	n	PROPN
cjal-9207	1119	3	shares	share	NOUN
cjal-9207	1119	4	can	can	AUX
cjal-9207	1119	5	be	be	AUX
cjal-9207	1119	6	found	find	VERB
cjal-9207	1119	7	in	in	ADP
cjal-9207	1119	8	comparative	comparative	ADJ
cjal-9207	1119	9	legal	legal	ADJ
cjal-9207	1119	10	syst	syst	NOUN
cjal-9207	1119	11	em	em	PRON
cjal-9207	1119	12	s	s	VERB
cjal-9207	1119	13	:	:	PUNCT
cjal-9207	1119	14	(	(	PUNCT
cjal-9207	1119	15	1	1	X
cjal-9207	1119	16	)	)	PUNCT
cjal-9207	1119	17	th	th	X
cjal-9207	1119	18	ose	ose	PROPN
cjal-9207	1119	19	t	t	PROPN
cjal-9207	1119	20	ied	ied	PROPN
cjal-9207	1119	21	wit	wit	PROPN
cjal-9207	1119	22	h	h	PROPN
cjal-9207	1119	23	appointments	appointment	NOUN
cjal-9207	1119	24	rights	right	NOUN
cjal-9207	1119	25	that	that	PRON
cjal-9207	1119	26	provide	provide	VERB
cjal-9207	1119	27	ong	ong	NOUN
cjal-9207	1119	28	oing	oe	VERB
cjal-9207	1119	29	de	de	ADP
cjal-9207	1119	30	cision	cision	NOUN
cjal-9207	1119	31	-	-	PUNCT
cjal-9207	1119	32	making	make	VERB
cjal-9207	1119	33	powe	powe	NOUN
cjal-9207	1119	34	r	r	NOUN
cjal-9207	1119	35	s	s	NOUN
cjal-9207	1119	36	to	to	ADP
cjal-9207	1119	37	their	their	PRON
cjal-9207	1119	38	holder	holder	NOUN
cjal-9207	1119	39	,	,	PUNCT
cjal-9207	1119	40	1so	1so	NOUN
cjal-9207	1119	41	and	and	CCONJ
cjal-9207	1119	42	(	(	PUNCT
cjal-9207	1119	43	2	2	X
cjal-9207	1119	44	)	)	PUNCT
cjal-9207	1119	45	those	those	PRON
cjal-9207	1119	46	with	with	ADP
cjal-9207	1119	47	just	just	ADV
cjal-9207	1119	48	veto	veto	NOUN
cjal-9207	1119	49	rights	right	NOUN
cjal-9207	1119	50	on	on	ADP
cjal-9207	1119	51	ce	ce	PROPN
cjal-9207	1119	52	rtain	rtain	PROPN
cjal-9207	1119	53	iss	iss	PROPN
cjal-9207	1119	54	ues	ues	PROPN
cjal-9207	1119	55	.	.	PUNCT
cjal-9207	1120	1	181	181	NUM
cjal-9207	1120	2	most	most	ADV
cjal-9207	1120	3	golden	golden	ADJ
cjal-9207	1120	4	shares	share	NOUN
cjal-9207	1120	5	do	do	AUX
cjal-9207	1120	6	not	not	PART
cjal-9207	1120	7	come	come	VERB
cjal-9207	1120	8	with	with	ADP
cjal-9207	1120	9	economic	economic	ADJ
cjal-9207	1120	10	rights	right	NOUN
cjal-9207	1120	11	and	and	CCONJ
cjal-9207	1120	12	by	by	ADP
cjal-9207	1120	13	th	th	X
cjal-9207	1120	14	a	a	DET
cjal-9207	1120	15	t	t	NOUN
cjal-9207	1120	16	defe	defe	NOUN
cjal-9207	1120	17	r	r	NOUN
cjal-9207	1120	18	from	from	ADP
cjal-9207	1120	19	a	a	DET
cjal-9207	1120	20	"	"	PUNCT
cjal-9207	1120	21	preferred	preferred	ADJ
cjal-9207	1120	22	share	share	NOUN
cjal-9207	1120	23	"	"	PUNCT
cjal-9207	1120	24	mechanism	mechanism	NOUN
cjal-9207	1120	25	,	,	PUNCT
cjal-9207	1120	26	which	which	PRON
cjal-9207	1120	27	grants	grant	VERB
cjal-9207	1120	28	it	it	PRON
cjal-9207	1120	29	s	s	VERB
cjal-9207	1120	30	own	own	ADJ
cjal-9207	1121	1	er	er	INTJ
cjal-9207	1121	2	prior	prior	ADJ
cjal-9207	1121	3	ity	ity	NOUN
cjal-9207	1121	4	during	during	ADP
cjal-9207	1121	5	dividend	dividend	NOUN
cjal-9207	1121	6	allocatio	allocatio	NOUN
cjal-9207	1121	7	n	n	NOUN
cjal-9207	1121	8	and	and	CCONJ
cjal-9207	1121	9	in	in	ADP
cjal-9207	1121	10	asset	asset	NOUN
cjal-9207	1121	11	liquidation	liquidation	NOUN
cjal-9207	1121	12	claim	claim	NOUN
cjal-9207	1121	13	s	s	X
cjal-9207	1121	14	,	,	PUNCT
cjal-9207	1121	15	but	but	CCONJ
cjal-9207	1121	16	do	do	AUX
cjal-9207	1121	17	n	n	ADV
cjal-9207	1121	18	ot	ot	VERB
cjal-9207	1121	19	grant	grant	VERB
cjal-9207	1121	20	any	any	DET
cjal-9207	1121	21	participation	participation	NOUN
cjal-9207	1121	22	right	right	ADV
cjal-9207	1121	23	.	.	PUNCT
cjal-9207	1122	1	commonly	commonly	ADV
cjal-9207	1122	2	,	,	PUNCT
cjal-9207	1122	3	the	the	DET
cjal-9207	1122	4	mechani	mechani	NOUN
cjal-9207	1122	5	sm	sm	PROPN
cjal-9207	1122	6	is	be	AUX
cjal-9207	1122	7	cont	cont	NOUN
cjal-9207	1122	8	ract	ract	NOUN
cjal-9207	1122	9	ua	ua	PROPN
cjal-9207	1122	10	l	l	PROPN
cjal-9207	1122	11	,	,	PUNCT
cjal-9207	1122	12	set	set	VERB
cjal-9207	1122	13	in	in	ADP
cjal-9207	1122	14	the	the	DET
cjal-9207	1122	15	firms	firm	NOUN
cjal-9207	1122	16	'	'	PART
cjal-9207	1122	17	bylaws	bylaw	NOUN
cjal-9207	1122	18	,	,	PUNCT
cjal-9207	1122	19	and	and	CCONJ
cjal-9207	1122	20	includ	includ	PROPN
cjal-9207	1122	21	es	es	ADP
cjal-9207	1122	22	a	a	DET
cjal-9207	1122	23	sunset	sunset	NOUN
cjal-9207	1122	24	pr	pr	NOUN
cjal-9207	1122	25	ovision	ovision	NOUN
cjal-9207	1122	26	sin	sin	PROPN
cjal-9207	1122	27	ce	ce	PROPN
cjal-9207	1122	28	t	t	PROPN
cjal-9207	1123	1	he	he	PRON
cjal-9207	1123	2	sch	sch	PROPN
cjal-9207	1124	1	eme	eme	PROPN
cjal-9207	1124	2	is	be	AUX
cjal-9207	1124	3	meant	mean	VERB
cjal-9207	1124	4	to	to	PART
cjal-9207	1124	5	address	address	VERB
cjal-9207	1124	6	only	only	ADV
cjal-9207	1124	7	a	a	DET
cjal-9207	1124	8	transitional	transitional	ADJ
cjal-9207	1124	9	pha	pha	NOUN
cjal-9207	1124	10	se	se	PROPN
cjal-9207	1124	11	until	until	ADP
cjal-9207	1124	12	full	full	ADJ
cjal-9207	1124	13	priv	priv	PROPN
cjal-9207	1124	14	a	a	DET
cjal-9207	1124	15	t	t	NOUN
cjal-9207	1124	16	izat	izat	NOUN
cjal-9207	1124	17	ion	ion	NOUN
cjal-9207	1124	18	of	of	ADP
cjal-9207	1124	19	th	th	X
cjal-9207	1124	20	e	e	NOUN
cjal-9207	1124	21	firm	firm	NOUN
cjal-9207	1124	22	is	be	AUX
cjal-9207	1124	23	accomplishe	accomplishe	PROPN
cjal-9207	1124	24	d	d	X
cjal-9207	1124	25	.	.	PUNCT
cjal-9207	1125	1	th	th	X
cjal-9207	1125	2	e	e	VERB
cjal-9207	1125	3	preferred	prefer	VERB
cjal-9207	1125	4	-	-	PUNCT
cjal-9207	1125	5	gold	gold	NOUN
cjal-9207	1125	6	ensh	ensh	NOUN
cjal-9207	1125	7	are	be	AUX
cjal-9207	1125	8	m	m	VERB
cjal-9207	1125	9	ech	ech	PROPN
cjal-9207	1125	10	ani	ani	X
cjal-9207	1125	11	sm	sm	PROPN
cjal-9207	1125	12	contemplated	contemplate	VERB
cjal-9207	1125	13	here	here	ADV
cjal-9207	1125	14	for	for	ADP
cjal-9207	1125	15	the	the	DET
cjal-9207	1125	16	chines	chines	PROPN
cjal-9207	1125	17	e	e	NOUN
cjal-9207	1125	18	system	system	NOUN
cjal-9207	1125	19	r	r	NOUN
cjal-9207	1125	20	equir	equir	NOUN
cjal-9207	1125	21	es	es	X
cjal-9207	1125	22	mandat	mandat	PROPN
cjal-9207	1125	23	ory	ory	PROPN
cjal-9207	1125	24	r	r	NOUN
cjal-9207	1125	25	eorganization	eorganization	NOUN
cjal-9207	1125	26	of	of	ADP
cjal-9207	1125	27	state	state	NOUN
cjal-9207	1125	28	-controlle	-controlle	PROPN
cjal-9207	1125	29	d	d	NOUN
cjal-9207	1125	30	holding	hold	VERB
cjal-9207	1125	31	groups	group	NOUN
cjal-9207	1125	32	,	,	PUNCT
cjal-9207	1125	33	and	and	CCONJ
cjal-9207	1125	34	should	should	AUX
cjal-9207	1125	35	be	be	AUX
cjal-9207	1125	36	man	man	NOUN
cjal-9207	1125	37	da	da	PROPN
cjal-9207	1125	38	t	t	PROPN
cjal-9207	1125	39	ed	ed	NOUN
cjal-9207	1125	40	rather	rather	ADV
cjal-9207	1125	41	than	than	ADP
cjal-9207	1125	42	based	base	VERB
cjal-9207	1125	43	on	on	ADP
cjal-9207	1125	44	a	a	DET
cjal-9207	1125	45	temporary	temporary	ADJ
cjal-9207	1125	46	ad	ad	NOUN
cjal-9207	1125	47	-	-	PUNCT
cjal-9207	1125	48	hoc	hoc	X
cjal-9207	1125	49	contractual	contractual	ADJ
cjal-9207	1125	50	ba	ba	PROPN
cjal-9207	1125	51	sis	sis	PROPN
cjal-9207	1125	52	.	.	PUNCT
cjal-9207	1126	1	moreover	moreover	ADV
cjal-9207	1126	2	,	,	PUNCT
cjal-9207	1126	3	to	to	PART
cjal-9207	1126	4	be	be	AUX
cjal-9207	1126	5	compatible	compatible	ADJ
cjal-9207	1126	6	wit	wit	NOUN
cjal-9207	1126	7	h	h	NOUN
cjal-9207	1126	8	the	the	DET
cjal-9207	1126	9	178	178	NUM
cjal-9207	1126	10	see	see	NOUN
cjal-9207	1126	11	,	,	PUNCT
cjal-9207	1126	12	e.g	e.g	PROPN
cjal-9207	1126	13	.	.	PROPN
cjal-9207	1126	14	,	,	PUNCT
cjal-9207	1126	15	ralph	ralph	PROPN
cjal-9207	1126	16	k.	k.	PROPN
cjal-9207	1126	17	win	win	PROPN
cjal-9207	1126	18	te	te	ADP
cjal-9207	1126	19	r	r	NOUN
cjal-9207	1126	20	,	,	PUNCT
cjal-9207	1126	21	the	the	DET
cjal-9207	1126	22	"	"	PUNCT
cjal-9207	1126	23	race	race	NOUN
cjal-9207	1126	24	for	for	ADP
cjal-9207	1126	25	the	the	PRON
cjal-9207	1126	26	to	to	PART
cjal-9207	1126	27	"	"	PUNCT
cjal-9207	1126	28	r	r	NOUN
cjal-9207	1126	29	·	·	PUNCT
cjal-9207	1126	30	·	·	PUNCT
cjal-9207	1127	1	d	d	X
cjal-9207	1127	2	·	·	SYM
cjal-9207	1127	3	89	89	NUM
cjal-9207	1127	4	colum	colum	NOUN
cjal-9207	1127	5	.	.	PUNCT
cjal-9207	1128	1	l	l	NOUN
cjal-9207	1128	2	.	.	PUNCT
cjal-9207	1129	1	rev	rev	PROPN
cjal-9207	1129	2	.	.	PROPN
cjal-9207	1129	3	1526	1526	NUM
cjal-9207	1129	4	(	(	PUNCT
cjal-9207	1129	5	1989	1989	NUM
cjal-9207	1129	6	)	)	PUNCT
cjal-9207	1129	7	·	·	PUNCT
cjal-9207	1130	1	ra	ra	NOUN
cjal-9207	1131	1	l	l	PROPN
cjal-9207	1131	2	b	b	PROPN
cjal-9207	1131	3	k	k	PROPN
cjal-9207	1131	4	w	w	PROPN
cjal-9207	1131	5	·	·	PUNCT
cjal-9207	1131	6	p	p	PRON
cjal-9207	1131	7	evzsite	evzsite	ADJ
cjal-9207	1131	8	:	:	PUNCT
cjal-9207	1131	9	a	a	DET
cjal-9207	1131	10	comnient	comnient	NOUN
cjal-9207	1131	11	on	on	ADP
cjal-9207	1131	12	eisenberg	eisenberg	PROPN
cjal-9207	1131	13	,	,	PUNCT
cjal-9207	1131	14	.	.	PUNCT
cjal-9207	1131	15	'	'	PUNCT
cjal-9207	1132	1	p	p	X
cjal-9207	1132	2	·	·	PUNCT
cjal-9207	1132	3	inter	inter	PROPN
cjal-9207	1132	4	,	,	PUNCT
cjal-9207	1132	5	jr	jr	PROPN
cjal-9207	1132	6	.	.	PROPN
cjal-9207	1132	7	,	,	PUNCT
cjal-9207	1132	8	state	state	NOUN
cjal-9207	1132	9	law	law	NOUN
cjal-9207	1132	10	,	,	PUNCT
cjal-9207	1132	11	shareholder	shareholder	NOUN
cjal-9207	1132	12	protection	protection	NOUN
cjal-9207	1132	13	,	,	PUNCT
cjal-9207	1132	14	and	and	CCONJ
cjal-9207	1132	15	the	the	DET
cjal-9207	1132	16	theory	theory	NOUN
cjal-9207	1132	17	of	of	ADP
cjal-9207	1132	18	the	the	DET
cjal-9207	1132	19	corporation	corporation	NOUN
cjal-9207	1132	20	,	,	PUNCT
cjal-9207	1132	21	6	6	NUM
cjal-9207	1132	22	j	j	NOUN
cjal-9207	1132	23	.	.	PUNCT
cjal-9207	1133	1	l	l	PROPN
cjal-9207	1133	2	egal	egal	ADJ
cjal-9207	1133	3	stud	stud	NOUN
cjal-9207	1133	4	.	.	PUNCT
cjal-9207	1134	1	251	251	NUM
cjal-9207	1134	2	(	(	PUNCT
cjal-9207	1134	3	1977	1977	NUM
cjal-9207	1134	4	)	)	PUNCT
cjal-9207	1134	5	179	179	NUM
cjal-9207	1134	6	stefan	stefan	PROPN
cjal-9207	1134	7	grundmann	grundmann	PROPN
cjal-9207	1134	8	&	&	CCONJ
cjal-9207	1134	9	fl	fl	PROPN
cjal-9207	1134	10	ori	ori	PROPN
cjal-9207	1134	11	an	an	DET
cjal-9207	1134	12	mos	mos	PROPN
cjal-9207	1134	13	lein	lein	PROPN
cjal-9207	1134	14	golde	golde	PROPN
cjal-9207	1134	15	sh	sh	PROPN
cjal-9207	1134	16	·	·	PUNCT
cjal-9207	1134	17	·	·	PUNCT
cjal-9207	1134	18	·	·	PUNCT
cjal-9207	1134	19	·	·	PUNCT
cjal-9207	1134	20	companies	company	NOUN
cjal-9207	1134	21	·	·	PUNCT
cjal-9207	1134	22	comparative	comparative	ADJ
cjal-9207	1134	23	law	law	NOUN
cjal-9207	1134	24	e	e	NOUN
cjal-9207	1134	25	l	l	NOUN
cjal-9207	1134	26	'	'	PART
cjal-9207	1134	27	n	n	CCONJ
cjal-9207	1134	28	ares	are	NOUN
cjal-9207	1134	29	,	,	PUNCT
cjal-9207	1134	30	state	state	NOUN
cjal-9207	1134	31	control	control	NOUN
cjal-9207	1134	32	in	in	ADP
cjal-9207	1134	33	privatized	privatized	ADJ
cjal-9207	1134	34	·	·	PUNCT
cjal-9207	1134	35	,	,	PUNCT
cjal-9207	1134	36	uropean	uropean	ADJ
cjal-9207	1134	37	aw	aw	INTJ
cjal-9207	1134	38	and	and	CCONJ
cjal-9207	1134	39	pol	pol	NOUN
cjal-9207	1134	40	"	"	PUNCT
cjal-9207	1134	41	a	a	DET
cjal-9207	1134	42	e	e	NOUN
cjal-9207	1134	43	.	.	PUNCT
cjal-9207	1135	1	aspects	aspect	NOUN
cjal-9207	1135	2	,	,	PUNCT
cjal-9207	1135	3	apr	apr	PROPN
cjal-9207	1135	4	.	.	PROPN
cjal-9207	1135	5	2003	2003	NUM
cjal-9207	1135	6	,	,	PUNCT
cjal-9207	1135	7	at	at	ADP
cjal-9207	1135	8	6	6	NUM
cjal-9207	1135	9	.	.	PUNCT
cjal-9207	1136	1	icy	icy	ADJ
cjal-9207	1136	2	spects	spect	NOUN
cjal-9207	1136	3	,	,	PUNCT
cjal-9207	1136	4	uro	uro	PROPN
cjal-9207	1136	5	.	.	PUNCT
cjal-9207	1136	6	l.	l.	PROPN
cjal-9207	1136	7	&	&	CCONJ
cjal-9207	1136	8	pol	pol	PROPN
cjal-9207	1137	1	"	"	PUNCT
cjal-9207	1137	2	i	i	PRON
cjal-9207	1137	3	180	180	NUM
cjal-9207	1137	4	i	i	PROPN
cjal-9207	1137	5	d.	d.	PROPN
cjal-9207	1137	6	,	,	PUNCT
cjal-9207	1137	7	a	a	DET
cjal-9207	1137	8	t	t	NOUN
cjal-9207	1137	9	9	9	NUM
cjal-9207	1137	10	-	-	SYM
cjal-9207	1137	11	12	12	NUM
cjal-9207	1137	12	(	(	PUNCT
cjal-9207	1137	13	e.g	e.g	PROPN
cjal-9207	1137	14	.	.	PROPN
cjal-9207	1137	15	,	,	PUNCT
cjal-9207	1137	16	fr	fr	PROPN
cjal-9207	1137	17	ance	ance	NOUN
cjal-9207	1137	18	,	,	PUNCT
cjal-9207	1137	19	belgium	belgium	NOUN
cjal-9207	1137	20	,	,	PUNCT
cjal-9207	1137	21	and	and	CCONJ
cjal-9207	1137	22	ita	ita	PROPN
cjal-9207	1137	23	ly	ly	PROPN
cjal-9207	1137	24	)	)	PUNCT
cjal-9207	1137	25	i81	i81	NOUN
cjal-9207	1137	26	see	see	VERB
cjal-9207	1137	27	i	i	PRON
cjal-9207	1137	28	d.	d.	PROPN
cjal-9207	1137	29	,	,	PUNCT
cjal-9207	1137	30	at	at	ADP
cjal-9207	1137	31	10	10	NUM
cjal-9207	1137	32	(	(	PUNCT
cjal-9207	1137	33	e.g.	e.g.	ADV
cjal-9207	1137	34	,	,	PUNCT
cjal-9207	1137	35	nether	nether	NOUN
cjal-9207	1137	36	land	land	NOUN
cjal-9207	1137	37	s	s	PROPN
cjal-9207	1137	38	,	,	PUNCT
cjal-9207	1137	39	irela	irela	PROPN
cjal-9207	1137	40	nd	nd	PRON
cjal-9207	1137	41	,	,	PUNCT
cjal-9207	1137	42	an	an	DET
cjal-9207	1137	43	d	d	X
cjal-9207	1137	44	israel	israel	PROPN
cjal-9207	1137	45	)	)	PUNCT
cjal-9207	1137	46	.	.	PUNCT
cjal-9207	1138	1	-2016	-2016	PROPN
cjal-9207	1138	2	]	]	PUNCT
cjal-9207	1138	3	minorl7y	minorl7y	VERB
cjal-9207	1138	4	pubuc	pubuc	NOUN
cjal-9207	1138	5	shareholders	shareholder	NOUN
cjal-9207	1138	6	in	in	ADP
cjal-9207	1138	7	china	china	PROPN
cjal-9207	1138	8	49	49	NUM
cjal-9207	1138	9	idiosyncrasies	idiosyncrasy	NOUN
cjal-9207	1138	10	of	of	ADP
cjal-9207	1138	11	the	the	DET
cjal-9207	1138	12	chinese	chinese	ADJ
cjal-9207	1138	13	system	system	NOUN
cjal-9207	1138	14	,	,	PUNCT
cjal-9207	1138	15	it	it	PRON
cjal-9207	1138	16	would	would	AUX
cjal-9207	1138	17	have	have	VERB
cjal-9207	1138	18	to	to	PART
cjal-9207	1138	19	address	address	VERB
cjal-9207	1138	20	problems	problem	NOUN
cjal-9207	1138	21	arising	arise	VERB
cjal-9207	1138	22	from	from	ADP
cjal-9207	1138	23	the	the	DET
cjal-9207	1138	24	current	current	ADJ
cjal-9207	1138	25	concentrated	concentrated	ADJ
cjal-9207	1138	26	ownership	ownership	NOUN
cjal-9207	1138	27	structure	structure	NOUN
cjal-9207	1138	28	while	while	SCONJ
cjal-9207	1138	29	at	at	ADP
cjal-9207	1138	30	the	the	DET
cjal-9207	1138	31	same	same	ADJ
cjal-9207	1138	32	time	time	NOUN
cjal-9207	1138	33	preserve	preserve	VERB
cjal-9207	1138	34	party	party	NOUN
cjal-9207	1138	35	-	-	PUNCT
cjal-9207	1138	36	state	state	NOUN
cjal-9207	1138	37	interests	interest	NOUN
cjal-9207	1138	38	-	-	PUNCT
cjal-9207	1138	39	these	these	PRON
cjal-9207	1138	40	are	be	AUX
cjal-9207	1138	41	both	both	PRON
cjal-9207	1138	42	pecuniary	pecuniary	ADJ
cjal-9207	1138	43	rights	right	NOUN
cjal-9207	1138	44	and	and	CCONJ
cjal-9207	1138	45	other	other	ADJ
cjal-9207	1138	46	strategic	strategic	ADJ
cjal-9207	1138	47	interests	interest	NOUN
cjal-9207	1138	48	.	.	PUNCT
cjal-9207	1139	1	it	it	PRON
cjal-9207	1139	2	is	be	AUX
cjal-9207	1139	3	difficult	difficult	ADJ
cjal-9207	1139	4	to	to	PART
cjal-9207	1139	5	envision	envision	VERB
cjal-9207	1139	6	a	a	DET
cjal-9207	1139	7	situation	situation	NOUN
cjal-9207	1139	8	in	in	ADP
cjal-9207	1139	9	which	which	PRON
cjal-9207	1139	10	party	party	NOUN
cjal-9207	1139	11	-	-	PUNCT
cjal-9207	1139	12	state	state	NOUN
cjal-9207	1139	13	bodies	body	NOUN
cjal-9207	1139	14	,	,	PUNCT
cjal-9207	1139	15	especially	especially	ADV
cjal-9207	1139	16	at	at	ADP
cjal-9207	1139	17	the	the	DET
cjal-9207	1139	18	local	local	ADJ
cjal-9207	1139	19	-	-	PUNCT
cjal-9207	1139	20	government	government	NOUN
cjal-9207	1139	21	level	level	NOUN
cjal-9207	1139	22	,	,	PUNCT
cjal-9207	1139	23	will	will	AUX
cjal-9207	1139	24	freely	freely	ADV
cjal-9207	1139	25	withhold	withhold	VERB
cjal-9207	1139	26	their	their	PRON
cjal-9207	1139	27	economic	economic	ADJ
cjal-9207	1139	28	interest	interest	NOUN
cjal-9207	1139	29	as	as	ADP
cjal-9207	1139	30	shareholders	shareholder	NOUN
cjal-9207	1139	31	.	.	PUNCT
cjal-9207	1140	1	it	it	PRON
cjal-9207	1140	2	is	be	AUX
cjal-9207	1140	3	more	more	ADV
cjal-9207	1140	4	likely	likely	ADJ
cjal-9207	1140	5	,	,	PUNCT
cjal-9207	1140	6	however	however	ADV
cjal-9207	1140	7	,	,	PUNCT
cjal-9207	1140	8	that	that	SCONJ
cjal-9207	1140	9	they	they	PRON
cjal-9207	1140	10	will	will	AUX
cjal-9207	1140	11	be	be	AUX
cjal-9207	1140	12	willing	willing	ADJ
cjal-9207	1140	13	to	to	PART
cjal-9207	1140	14	relinquish	relinquish	VERB
cjal-9207	1140	15	their	their	PRON
cjal-9207	1140	16	control	control	NOUN
cjal-9207	1140	17	over	over	ADP
cjal-9207	1140	18	day	day	NOUN
cjal-9207	1140	19	-	-	PUNCT
cjal-9207	1140	20	to	to	ADP
cjal-9207	1140	21	day	day	NOUN
cjal-9207	1140	22	business	business	NOUN
cjal-9207	1140	23	decisions	decision	NOUN
cjal-9207	1140	24	to	to	ADP
cjal-9207	1140	25	professional	professional	ADJ
cjal-9207	1140	26	management	management	NOUN
cjal-9207	1140	27	once	once	ADV
cjal-9207	1140	28	granted	grant	VERB
cjal-9207	1140	29	a	a	DET
cjal-9207	1140	30	veto	veto	NOUN
cjal-9207	1140	31	right	right	NOUN
cjal-9207	1140	32	that	that	PRON
cjal-9207	1140	33	ensures	ensure	VERB
cjal-9207	1140	34	their	their	PRON
cjal-9207	1140	35	strategic	strategic	ADJ
cjal-9207	1140	36	interests	interest	NOUN
cjal-9207	1140	37	.	.	PUNCT
cjal-9207	1141	1	and	and	CCONJ
cjal-9207	1141	2	so	so	ADV
cjal-9207	1141	3	,	,	PUNCT
cjal-9207	1141	4	the	the	DET
cjal-9207	1141	5	preferred	prefer	VERB
cjal-9207	1141	6	-	-	PUNCT
cjal-9207	1141	7	golden	golden	ADJ
cjal-9207	1141	8	share	share	NOUN
cjal-9207	1141	9	mechanism	mechanism	NOUN
cjal-9207	1141	10	envisioned	envision	VERB
cjal-9207	1141	11	here	here	ADV
cjal-9207	1141	12	would	would	AUX
cjal-9207	1141	13	be	be	AUX
cjal-9207	1141	14	one	one	NUM
cjal-9207	1141	15	that	that	PRON
cjal-9207	1141	16	grants	grant	VERB
cjal-9207	1141	17	its	its	PRON
cjal-9207	1141	18	state	state	NOUN
cjal-9207	1141	19	holder	holder	NOUN
cjal-9207	1141	20	with	with	ADP
cjal-9207	1141	21	both	both	CCONJ
cjal-9207	1141	22	economic	economic	ADJ
cjal-9207	1141	23	rights	right	NOUN
cjal-9207	1141	24	and	and	CCONJ
cjal-9207	1141	25	a	a	DET
cjal-9207	1141	26	veto	veto	NOUN
cjal-9207	1141	27	right	right	ADV
cjal-9207	1141	28	over	over	ADP
cjal-9207	1141	29	specific	specific	ADJ
cjal-9207	1141	30	business	business	NOUN
cjal-9207	1141	31	decisions	decision	NOUN
cjal-9207	1141	32	.	.	PUNCT
cjal-9207	1142	1	other	other	ADJ
cjal-9207	1142	2	decision	decision	NOUN
cjal-9207	1142	3	-	-	PUNCT
cjal-9207	1142	4	making	make	VERB
cjal-9207	1142	5	powers	power	NOUN
cjal-9207	1142	6	will	will	AUX
cjal-9207	1142	7	be	be	AUX
cjal-9207	1142	8	left	leave	VERB
cjal-9207	1142	9	to	to	ADP
cjal-9207	1142	10	directors	director	NOUN
cjal-9207	1142	11	and	and	CCONJ
cjal-9207	1142	12	professional	professional	ADJ
cjal-9207	1142	13	managers	manager	NOUN
cjal-9207	1142	14	,	,	PUNCT
cjal-9207	1142	15	whose	whose	DET
cjal-9207	1142	16	majority	majority	NOUN
cjal-9207	1142	17	appointment	appointment	NOUN
cjal-9207	1142	18	will	will	AUX
cjal-9207	1142	19	be	be	AUX
cjal-9207	1142	20	assigned	assign	VERB
cjal-9207	1142	21	to	to	ADP
cjal-9207	1142	22	public	public	ADJ
cjal-9207	1142	23	shareholders	shareholder	NOUN
cjal-9207	1142	24	,	,	PUNCT
cjal-9207	1142	25	with	with	ADP
cjal-9207	1142	26	a	a	DET
cjal-9207	1142	27	mandatory	mandatory	ADJ
cjal-9207	1142	28	non	non	ADJ
cjal-9207	1142	29	-	-	ADJ
cjal-9207	1142	30	controlling	controlling	ADJ
cjal-9207	1142	31	(	(	PUNCT
cjal-9207	1142	32	disinterested	disinterested	ADJ
cjal-9207	1142	33	)	)	PUNCT
cjal-9207	1142	34	shareholders	shareholder	NOUN
cjal-9207	1142	35	appointment	appointment	NOUN
cjal-9207	1142	36	slates	slate	NOUN
cjal-9207	1142	37	,	,	PUNCT
cjal-9207	1142	38	thereby	thereby	ADV
cjal-9207	1142	39	elevating	elevate	VERB
cjal-9207	1142	40	minority	minority	NOUN
cjal-9207	1142	41	public	public	ADJ
cjal-9207	1142	42	shareholders	shareholder	NOUN
cjal-9207	1142	43	voice	voice	NOUN
cjal-9207	1142	44	.	.	PUNCT
cjal-9207	1143	1	indeed	indeed	ADV
cjal-9207	1143	2	,	,	PUNCT
cjal-9207	1143	3	as	as	ADP
cjal-9207	1143	4	a	a	DET
cjal-9207	1143	5	holder	holder	NOUN
cjal-9207	1143	6	of	of	ADP
cjal-9207	1143	7	preferred	prefer	VERB
cjal-9207	1143	8	-	-	PUNCT
cjal-9207	1143	9	golden	golden	ADJ
cjal-9207	1143	10	-	-	PUNCT
cjal-9207	1143	11	shares	share	NOUN
cjal-9207	1143	12	,	,	PUNCT
cjal-9207	1143	13	th	th	X
cjal-9207	1143	14	e	e	NOUN
cjal-9207	1143	15	state	state	NOUN
cjal-9207	1143	16	will	will	AUX
cjal-9207	1143	17	expect	expect	VERB
cjal-9207	1143	18	a	a	DET
cjal-9207	1143	19	veto	veto	NOUN
cjal-9207	1143	20	in	in	ADP
cjal-9207	1143	21	certain	certain	ADJ
cjal-9207	1143	22	fundamental	fundamental	ADJ
cjal-9207	1143	23	issues	issue	NOUN
cjal-9207	1143	24	,	,	PUNCT
cjal-9207	1143	25	including	include	VERB
cjal-9207	1143	26	the	the	DET
cjal-9207	1143	27	right	right	NOUN
cjal-9207	1143	28	to	to	PART
cjal-9207	1143	29	veto	veto	VERB
cjal-9207	1143	30	a	a	DET
cjal-9207	1143	31	change	change	NOUN
cjal-9207	1143	32	in	in	ADP
cjal-9207	1143	33	control	control	NOUN
cjal-9207	1143	34	.	.	PUNCT
cjal-9207	1144	1	this	this	PRON
cjal-9207	1144	2	will	will	AUX
cjal-9207	1144	3	necessarily	necessarily	ADV
cjal-9207	1144	4	restrain	restrain	VERB
cjal-9207	1144	5	the	the	DET
cjal-9207	1144	6	development	development	NOUN
cjal-9207	1144	7	of	of	ADP
cjal-9207	1144	8	a	a	DET
cjal-9207	1144	9	full	full	ADJ
cjal-9207	1144	10	market	market	NOUN
cjal-9207	1144	11	for	for	ADP
cjal-9207	1144	12	corporate	corporate	ADJ
cjal-9207	1144	13	control	control	NOUN
cjal-9207	1144	14	and	and	CCONJ
cjal-9207	1144	15	will	will	AUX
cjal-9207	1144	16	limit	limit	VERB
cjal-9207	1144	17	takeovers	takeover	NOUN
cjal-9207	1144	18	to	to	ADP
cjal-9207	1144	19	those	those	PRON
cjal-9207	1144	20	endorsed	endorse	VERB
cjal-9207	1144	21	by	by	ADP
cjal-9207	1144	22	the	the	DET
cjal-9207	1144	23	state	state	NOUN
cjal-9207	1144	24	.	.	PUNCT
cjal-9207	1145	1	nevertheless	nevertheless	ADV
cjal-9207	1145	2	,	,	PUNCT
cjal-9207	1145	3	such	such	ADJ
cjal-9207	1145	4	mechanism	mechanism	NOUN
cjal-9207	1145	5	still	still	ADV
cjal-9207	1145	6	creates	create	VERB
cjal-9207	1145	7	the	the	DET
cjal-9207	1145	8	possibility	possibility	NOUN
cjal-9207	1145	9	for	for	ADP
cjal-9207	1145	10	competition	competition	NOUN
cjal-9207	1145	11	over	over	ADP
cjal-9207	1145	12	corporate	corporate	ADJ
cjal-9207	1145	13	control	control	NOUN
cjal-9207	1145	14	which	which	PRON
cjal-9207	1145	15	is	be	AUX
cjal-9207	1145	16	currently	currently	ADV
cjal-9207	1145	17	largely	largely	ADV
cjal-9207	1145	18	absent	absent	ADJ
cjal-9207	1145	19	.	.	PUNCT
cjal-9207	1146	1	this	this	DET
cjal-9207	1146	2	mechanism	mechanism	NOUN
cjal-9207	1146	3	is	be	AUX
cjal-9207	1146	4	also	also	ADV
cjal-9207	1146	5	consistent	consistent	ADJ
cjal-9207	1146	6	with	with	ADP
cjal-9207	1146	7	the	the	DET
cjal-9207	1146	8	party	party	NOUN
cjal-9207	1146	9	-state	-state	PROPN
cjal-9207	1146	10	's	's	PART
cjal-9207	1146	11	need	need	NOUN
cjal-9207	1146	12	to	to	PART
cjal-9207	1146	13	preserve	preserve	VERB
cjal-9207	1146	14	the	the	DET
cjal-9207	1146	15	ideological	ideological	ADJ
cjal-9207	1146	16	justification	justification	NOUN
cjal-9207	1146	17	for	for	ADP
cjal-9207	1146	18	its	its	PRON
cjal-9207	1146	19	continuous	continuous	ADJ
cjal-9207	1146	20	control	control	NOUN
cjal-9207	1146	21	over	over	ADP
cjal-9207	1146	22	the	the	DET
cjal-9207	1146	23	market	market	NOUN
cjal-9207	1146	24	,	,	PUNCT
cjal-9207	1146	25	while	while	SCONJ
cjal-9207	1146	26	satisfying	satisfy	VERB
cjal-9207	1146	27	inner	inner	ADJ
cjal-9207	1146	28	-	-	PUNCT
cjal-9207	1146	29	party	party	NOUN
cjal-9207	1146	30	conservative	conservative	ADJ
cjal-9207	1146	31	views	view	NOUN
cjal-9207	1146	32	who	who	PRON
cjal-9207	1146	33	otherwise	otherwise	ADV
cjal-9207	1146	34	criticizes	criticize	VERB
cjal-9207	1146	35	privatization	privatization	NOUN
cjal-9207	1146	36	and	and	CCONJ
cjal-9207	1146	37	"	"	PUNCT
cjal-9207	1146	38	submission	submission	NOUN
cjal-9207	1146	39	"	"	PUNCT
cjal-9207	1146	40	to	to	ADP
cjal-9207	1146	41	market	market	NOUN
cjal-9207	1146	42	forces	force	NOUN
cjal-9207	1146	43	.	.	PUNCT
cjal-9207	1147	1	it	it	PRON
cjal-9207	1147	2	is	be	AUX
cjal-9207	1147	3	worth	worth	ADJ
cjal-9207	1147	4	noting	note	VERB
cjal-9207	1147	5	that	that	SCONJ
cjal-9207	1147	6	,	,	PUNCT
cjal-9207	1147	7	while	while	SCONJ
cjal-9207	1147	8	there	there	PRON
cjal-9207	1147	9	was	be	VERB
cjal-9207	1147	10	a	a	DET
cjal-9207	1147	11	strong	strong	ADJ
cjal-9207	1147	12	historic	historic	ADJ
cjal-9207	1147	13	objection	objection	NOUN
cjal-9207	1147	14	in	in	ADP
cjal-9207	1147	15	china	china	PROPN
cjal-9207	1147	16	against	against	ADP
cjal-9207	1147	17	the	the	DET
cjal-9207	1147	18	adoption	adoption	NOUN
cjal-9207	1147	19	of	of	ADP
cjal-9207	1147	20	any	any	DET
cjal-9207	1147	21	legal	legal	ADJ
cjal-9207	1147	22	mechanism	mechanism	NOUN
cjal-9207	1147	23	that	that	PRON
cjal-9207	1147	24	contradicts	contradict	VERB
cjal-9207	1147	25	a	a	DET
cjal-9207	1147	26	"	"	PUNCT
cjal-9207	1147	27	one	one	NUM
cjal-9207	1147	28	share	share	NOUN
cjal-9207	1147	29	one	one	NUM
cjal-9207	1147	30	vote	vote	NOUN
cjal-9207	1147	31	"	"	PUNCT
cjal-9207	1147	32	corporate	corporate	ADJ
cjal-9207	1147	33	principle,1s	principle,1s	NOUN
cjal-9207	1147	34	2	2	NUM
cjal-9207	1147	35	the	the	DET
cjal-9207	1147	36	state	state	NOUN
cjal-9207	1147	37	council	council	PROPN
cjal-9207	1147	38	already	already	ADV
cjal-9207	1147	39	laid	lay	VERB
cjal-9207	1147	40	the	the	DET
cjal-9207	1147	41	legal	legal	ADJ
cjal-9207	1147	42	groundwork	groundwork	NOUN
cjal-9207	1147	43	for	for	ADP
cjal-9207	1147	44	such	such	DET
cjal-9207	1147	45	a	a	DET
cjal-9207	1147	46	development	development	NOUN
cjal-9207	1147	47	and	and	CCONJ
cjal-9207	1147	48	the	the	DET
cjal-9207	1147	49	csrc	csrc	NOUN
cjal-9207	1147	50	followed	follow	VERB
cjal-9207	1147	51	through	through	ADP
cjal-9207	1147	52	.183	.183	NUM
cjal-9207	1147	53	this	this	DET
cjal-9207	1147	54	recent	recent	ADJ
cjal-9207	1147	55	change	change	NOUN
cjal-9207	1147	56	might	might	AUX
cjal-9207	1147	57	therefore	therefore	ADV
cjal-9207	1147	58	be	be	AUX
cjal-9207	1147	59	a	a	DET
cjal-9207	1147	60	sign	sign	NOUN
cjal-9207	1147	61	of	of	ADP
cjal-9207	1147	62	support	support	NOUN
cjal-9207	1147	63	for	for	ADP
cjal-9207	1147	64	a	a	DET
cjal-9207	1147	65	novel	novel	ADJ
cjal-9207	1147	66	restructuring	restructuring	NOUN
cjal-9207	1147	67	scheme	scheme	NOUN
cjal-9207	1147	68	similar	similar	ADJ
cjal-9207	1147	69	to	to	ADP
cjal-9207	1147	70	the	the	DET
cjal-9207	1147	71	"	"	PUNCT
cjal-9207	1147	72	preferred	prefer	VERB
cjal-9207	1147	73	-	-	PUNCT
cjal-9207	1147	74	golden	golden	ADJ
cjal-9207	1147	75	-	-	PUNCT
cjal-9207	1147	76	share	share	NOUN
cjal-9207	1147	77	"	"	PUNCT
cjal-9207	1147	78	mechanism	mechanism	NOUN
cjal-9207	1147	79	contemplated	contemplate	VERB
cjal-9207	1147	80	here	here	ADV
cjal-9207	1147	81	.	.	PUNCT
cjal-9207	1148	1	1s2	1s2	NUM
cjal-9207	1148	2	nicholas	nicholas	PROPN
cjal-9207	1148	3	c.	c.	PROPN
cjal-9207	1148	4	howson	howson	PROPN
cjal-9207	1148	5	,	,	PUNCT
cjal-9207	1148	6	china	china	PROPN
cjal-9207	1148	7	's	's	PART
cjal-9207	1148	8	company	company	NOUN
cjal-9207	1148	9	law	law	NOUN
cjal-9207	1148	10	:	:	PUNCT
cjal-9207	1148	11	one	one	NUM
cjal-9207	1148	12	step	step	NOUN
cjal-9207	1148	13	forward	forward	ADV
cjal-9207	1148	14	,	,	PUNCT
cjal-9207	1148	15	two	two	NUM
cjal-9207	1148	16	steps	step	NOUN
cjal-9207	1148	17	back	back	ADV
cjal-9207	1148	18	?	?	PUNCT
cjal-9207	1148	19	,	,	PUNCT
cjal-9207	1148	20	11	11	NUM
cjal-9207	1148	21	colum	colum	NOUN
cjal-9207	1148	22	.	.	PUNCT
cjal-9207	1149	1	j.	j.	PROPN
cjal-9207	1149	2	asian	asian	PROPN
cjal-9207	1149	3	l.	l.	PROPN
cjal-9207	1149	4	,	,	PUNCT
cjal-9207	1149	5	127	127	NUM
cjal-9207	1149	6	,	,	PUNCT
cjal-9207	1149	7	158	158	NUM
cjal-9207	1149	8	-	-	SYM
cjal-9207	1149	9	61	61	NUM
cjal-9207	1149	10	(	(	PUNCT
cjal-9207	1149	11	1997	1997	NUM
cjal-9207	1149	12	)	)	PUNCT
cjal-9207	1149	13	.	.	PUNCT
cjal-9207	1150	1	but	but	CCONJ
cjal-9207	1150	2	see	see	VERB
cjal-9207	1150	3	howson	howson	PROPN
cjal-9207	1150	4	,	,	PUNCT
cjal-9207	1150	5	supra	supra	PROPN
cjal-9207	1150	6	note	note	PROPN
cjal-9207	1150	7	53	53	NUM
cjal-9207	1150	8	,	,	PUNCT
cjal-9207	1150	9	at	at	ADP
cjal-9207	1150	10	684	684	NUM
cjal-9207	1150	11	-	-	SYM
cjal-9207	1150	12	88	88	NUM
cjal-9207	1150	13	(	(	PUNCT
cjal-9207	1150	14	discussing	discuss	VERB
cjal-9207	1150	15	quasi	quasi	ADJ
cjal-9207	1150	16	-	-	ADJ
cjal-9207	1150	17	class	class	ADJ
cjal-9207	1150	18	minority	minority	NOUN
cjal-9207	1150	19	rights	right	NOUN
cjal-9207	1150	20	and	and	CCONJ
cjal-9207	1150	21	the	the	DET
cjal-9207	1150	22	distinction	distinction	NOUN
cjal-9207	1150	23	between	between	ADP
cjal-9207	1150	24	share	share	NOUN
cjal-9207	1150	25	type	type	NOUN
cjal-9207	1150	26	and	and	CCONJ
cjal-9207	1150	27	share	share	NOUN
cjal-9207	1150	28	class	class	NOUN
cjal-9207	1150	29	,	,	PUNCT
cjal-9207	1150	30	where	where	SCONJ
cjal-9207	1150	31	share	share	NOUN
cjal-9207	1150	32	classes	class	NOUN
cjal-9207	1150	33	are	be	AUX
cjal-9207	1150	34	prohibited	prohibit	VERB
cjal-9207	1150	35	)	)	PUNCT
cjal-9207	1150	36	.	.	PUNCT
cjal-9207	1151	1	,	,	PUNCT
cjal-9207	1151	2	sa	sa	PROPN
cjal-9207	1151	3	on	on	ADP
cjal-9207	1151	4	november	november	PROPN
cjal-9207	1151	5	2013	2013	NUM
cjal-9207	1151	6	,	,	PUNCT
cjal-9207	1151	7	the	the	DET
cjal-9207	1151	8	state	state	NOUN
cjal-9207	1151	9	council	council	PROPN
cjal-9207	1151	10	promulgated	promulgate	VERB
cjal-9207	1151	11	guidelines	guideline	NOUN
cjal-9207	1151	12	for	for	ADP
cjal-9207	1151	13	launching	launch	VERB
cjal-9207	1151	14	a	a	DET
cjal-9207	1151	15	pilot	pilot	NOUN
cjal-9207	1151	16	program	program	NOUN
cjal-9207	1151	17	of	of	ADP
cjal-9207	1151	18	preferred	preferred	ADJ
cjal-9207	1151	19	shares	share	NOUN
cjal-9207	1151	20	,	,	PUNCT
cjal-9207	1151	21	see	see	VERB
cjal-9207	1151	22	guowuyuan	guowuyuan	PROPN
cjal-9207	1151	23	guanyu	guanyu	PROPN
cjal-9207	1152	1	kaizhan	kaizhan	PROPN
cjal-9207	1152	2	youxiangu	youxiangu	PROPN
cjal-9207	1152	3	shidian	shidian	PROPN
cjal-9207	1152	4	de	de	PROPN
cjal-9207	1152	5	zhidao	zhidao	PROPN
cjal-9207	1152	6	yijian	yijian	PROPN
cjal-9207	1153	1	[	[	X
cjal-9207	1153	2	l'u5	l'u5	NOUN
cjal-9207	1153	3	-	-	PUNCT
cjal-9207	1153	4	lm	lm	NOUN
cjal-9207	1153	5	:	:	PUNCT
cjal-9207	1153	6	x:=ftf	x:=ftf	PROPN
cjal-9207	1153	7	!	!	PUNCT
cjal-9207	1153	8	iii	iii	X
cjal-9207	1153	9	-	-	PUNCT
cjal-9207	1153	10	ti%/&uti/:i	ti%/&uti/:i	PRON
cjal-9207	1153	11	:	:	PUNCT
cjal-9207	1153	12	j)(]ffi~;@;j4!.j	j)(]ffi~;@;j4!.j	NOUN
cjal-9207	1153	13	,	,	PUNCT
cjal-9207	1153	14	guiding	guide	VERB
cjal-9207	1153	15	opinions	opinion	NOUN
cjal-9207	1153	16	of	of	ADP
cjal-9207	1153	17	the	the	DET
cjal-9207	1153	18	state	state	NOUN
cjal-9207	1153	19	council	council	NOUN
cjal-9207	1153	20	on	on	ADP
cjal-9207	1153	21	the	the	DET
cjal-9207	1153	22	prograni	prograni	NOUN
cjal-9207	1153	23	of	of	ADP
cjal-9207	1153	24	preferred	preferred	ADJ
cjal-9207	1153	25	shares	share	NOUN
cjal-9207	1153	26	,	,	PUNCT
cjal-9207	1153	27	state	state	NOUN
cjal-9207	1153	28	.	.	PUNCT
cjal-9207	1154	1	council	council	PROPN
cjal-9207	1154	2	.	.	PUNCT
cjal-9207	1155	1	guo	guo	PROPN
cjal-9207	1155	2	fa	fa	X
cjal-9207	1156	1	[	[	X
cjal-9207	1156	2	2013	2013	NUM
cjal-9207	1156	3	)	)	PUNCT
cjal-9207	1156	4	no	no	INTJ
cjal-9207	1156	5	.	.	NOUN
cjal-9207	1156	6	46	46	NUM
cjal-9207	1156	7	,	,	PUNCT
cjal-9207	1156	8	issued	issue	VERB
cjal-9207	1156	9	november	november	PROPN
cjal-9207	1156	10	30	30	NUM
cjal-9207	1156	11	,	,	PUNCT
cjal-9207	1156	12	2013	2013	NUM
cjal-9207	1156	13	.	.	PUNCT
cjal-9207	1157	1	the	the	DET
cjal-9207	1157	2	csrc	csrc	NOUN
cjal-9207	1157	3	followed	follow	VERB
cjal-9207	1157	4	with	with	ADP
cjal-9207	1157	5	the	the	DET
cjal-9207	1157	6	promulgation	promulgation	NOUN
cjal-9207	1157	7	of	of	ADP
cjal-9207	1157	8	the	the	DET
cjal-9207	1157	9	measures	measure	NOUN
cjal-9207	1157	10	for	for	ADP
cjal-9207	1157	11	the	the	DET
cjal-9207	1157	12	administration	administration	NOUN
cjal-9207	1157	13	of	of	ADP
cjal-9207	1157	14	the	the	DET
cjal-9207	1157	15	pilot	pilot	NOUN
cjal-9207	1157	16	program	program	NOUN
cjal-9207	1157	17	of	of	ADP
cjal-9207	1157	18	preferred	preferred	ADJ
cjal-9207	1157	19	shares	share	NOUN
cjal-9207	1157	20	,	,	PUNCT
cjal-9207	1157	21	march	march	PROPN
cjal-9207	1157	22	2014	2014	NUM
cjal-9207	1157	23	:	:	PUNCT
cjal-9207	1157	24	see	see	VERB
cjal-9207	1157	25	,	,	PUNCT
cjal-9207	1157	26	youxiangu	youxiangu	PROPN
cjal-9207	1157	27	shidian	shidian	ADJ
cjal-9207	1157	28	guanli	guanli	PROPN
cjal-9207	1157	29	banfa	banfa	NOUN
cjal-9207	1158	1	[	[	X
cjal-9207	1158	2	-ti%.82"ii\s'l?l'lll	-ti%.82"ii\s'l?l'lll	PROPN
cjal-9207	1158	3	:	:	PUNCT
cjal-9207	1158	4	ij.~j	ij.~j	NOUN
cjal-9207	1158	5	,	,	PUNCT
cjal-9207	1158	6	measures	measure	NOUN
cjal-9207	1158	7	for	for	ADP
cjal-9207	1158	8	the	the	DET
cjal-9207	1158	9	administration	administration	NOUN
cjal-9207	1158	10	of	of	ADP
cjal-9207	1158	11	the	the	DET
cjal-9207	1158	12	pilot	pilot	NOUN
cjal-9207	1158	13	program	program	NOUN
cjal-9207	1158	14	of	of	ADP
cjal-9207	1158	15	preferred	preferred	ADJ
cjal-9207	1158	16	shares	share	NOUN
cjal-9207	1158	17	,	,	PUNCT
cjal-9207	1158	18	csrc	csrc	PROPN
cjal-9207	1158	19	ord	ord	PROPN
cjal-9207	1158	20	.	.	PUNCT
cjal-9207	1159	1	no	no	INTJ
cjal-9207	1159	2	.	.	NOUN
cjal-9207	1160	1	97	97	NUM
cjal-9207	1160	2	,	,	PUNCT
cjal-9207	1160	3	issued	issue	VERB
cjal-9207	1160	4	march	march	PROPN
cjal-9207	1160	5	21	21	NUM
cjal-9207	1160	6	,	,	PUNCT
cjal-9207	1160	7	2014	2014	NUM
cjal-9207	1160	8	.	.	PUNCT
cjal-9207	1161	1	50	50	NUM
cjal-9207	1161	2	columbia	columbia	PROPN
cjal-9207	1161	3	journal	journal	NOUN
cjal-9207	1161	4	of	of	ADP
cjal-9207	1161	5	a	a	DET
cjal-9207	1161	6	sian	sian	ADJ
cjal-9207	1161	7	law	law	NOUN
cjal-9207	1162	1	[	[	X
cjal-9207	1162	2	vol	vol	NOUN
cjal-9207	1162	3	.	.	PUNCT
cjal-9207	1163	1	30:1	30:1	NUM
cjal-9207	1163	2	conclusion	conclusion	NOUN
cjal-9207	1163	3	the	the	DET
cjal-9207	1163	4	long	long	ADJ
cjal-9207	1163	5	-held	-held	ADJ
cjal-9207	1163	6	assumption	assumption	NOUN
cjal-9207	1163	7	that	that	SCONJ
cjal-9207	1163	8	minority	minority	NOUN
cjal-9207	1163	9	shareholders	shareholder	NOUN
cjal-9207	1163	10	in	in	ADP
cjal-9207	1163	11	listed	list	VERB
cjal-9207	1163	12	firms	firm	NOUN
cjal-9207	1163	13	are	be	AUX
cjal-9207	1163	14	disempowered	disempowere	VERB
cjal-9207	1163	15	and	and	CCONJ
cjal-9207	1163	16	generally	generally	ADV
cjal-9207	1163	17	passive	passive	ADJ
cjal-9207	1163	18	is	be	AUX
cjal-9207	1163	19	changing	change	VERB
cjal-9207	1163	20	,	,	PUNCT
cjal-9207	1163	21	in	in	ADP
cjal-9207	1163	22	both	both	CCONJ
cjal-9207	1163	23	concentrated	concentrated	ADJ
cjal-9207	1163	24	and	and	CCONJ
cjal-9207	1163	25	widely	widely	ADV
cjal-9207	1163	26	-	-	PUNCT
cjal-9207	1163	27	held	hold	VERB
cjal-9207	1163	28	capital	capital	NOUN
cjal-9207	1163	29	markets	market	NOUN
cjal-9207	1163	30	.	.	PUNCT
cjal-9207	1164	1	indeed	indeed	ADV
cjal-9207	1164	2	,	,	PUNCT
cjal-9207	1164	3	despite	despite	SCONJ
cjal-9207	1164	4	the	the	DET
cjal-9207	1164	5	absence	absence	NOUN
cjal-9207	1164	6	of	of	ADP
cjal-9207	1164	7	an	an	DET
cjal-9207	1164	8	active	active	ADJ
cjal-9207	1164	9	market	market	NOUN
cjal-9207	1164	10	for	for	ADP
cjal-9207	1164	11	corporate	corporate	ADJ
cjal-9207	1164	12	control	control	NOUN
cjal-9207	1164	13	,	,	PUNCT
cjal-9207	1164	14	minority	minority	NOUN
cjal-9207	1164	15	public	public	ADJ
cjal-9207	1164	16	shareholders	shareholder	NOUN
cjal-9207	1164	17	even	even	ADV
cjal-9207	1164	18	in	in	ADP
cjal-9207	1164	19	concentrated	concentrated	ADJ
cjal-9207	1164	20	markets	market	NOUN
cjal-9207	1164	21	across	across	ADP
cjal-9207	1164	22	the	the	DET
cjal-9207	1164	23	globe	globe	NOUN
cjal-9207	1164	24	are	be	AUX
cjal-9207	1164	25	enjoying	enjoy	VERB
cjal-9207	1164	26	increasing	increase	VERB
cjal-9207	1164	27	empowerment	empowerment	NOUN
cjal-9207	1164	28	with	with	ADP
cjal-9207	1164	29	respect	respect	NOUN
cjal-9207	1164	30	to	to	ADP
cjal-9207	1164	31	monitoring	monitoring	NOUN
cjal-9207	1164	32	,	,	PUNCT
cjal-9207	1164	33	participation	participation	NOUN
cjal-9207	1164	34	in	in	ADP
cjal-9207	1164	35	corporate	corporate	ADJ
cjal-9207	1164	36	governance	governance	NOUN
cjal-9207	1164	37	,	,	PUNCT
cjal-9207	1164	38	and	and	CCONJ
cjal-9207	1164	39	shareholder	shareholder	NOUN
cjal-9207	1164	40	protection	protection	NOUN
cjal-9207	1164	41	against	against	ADP
cjal-9207	1164	42	controlling	control	VERB
cjal-9207	1164	43	party	party	NOUN
cjal-9207	1164	44	oppression	oppression	NOUN
cjal-9207	1164	45	.	.	PUNCT
cjal-9207	1165	1	in	in	ADP
cjal-9207	1165	2	the	the	DET
cjal-9207	1165	3	case	case	NOUN
cjal-9207	1165	4	of	of	ADP
cjal-9207	1165	5	china	china	PROPN
cjal-9207	1165	6	,	,	PUNCT
cjal-9207	1165	7	however	however	ADV
cjal-9207	1165	8	,	,	PUNCT
cjal-9207	1165	9	corporatization	corporatization	NOUN
cjal-9207	1165	10	without	without	ADP
cjal-9207	1165	11	privatization	privatization	NOUN
cjal-9207	1165	12	and	and	CCONJ
cjal-9207	1165	13	the	the	DET
cjal-9207	1165	14	continued	continue	VERB
cjal-9207	1165	15	embrace	embrace	NOUN
cjal-9207	1165	16	of	of	ADP
cjal-9207	1165	17	state	state	NOUN
cjal-9207	1165	18	capitalism	capitalism	NOUN
cjal-9207	1165	19	has	have	AUX
cjal-9207	1165	20	so	so	ADV
cjal-9207	1165	21	far	far	ADV
cjal-9207	1165	22	constrained	constrain	VERB
cjal-9207	1165	23	similar	similar	ADJ
cjal-9207	1165	24	developments	development	NOUN
cjal-9207	1165	25	in	in	ADP
cjal-9207	1165	26	the	the	DET
cjal-9207	1165	27	role	role	NOUN
cjal-9207	1165	28	of	of	ADP
cjal-9207	1165	29	minority	minority	NOUN
cjal-9207	1165	30	public	public	ADJ
cjal-9207	1165	31	shareholders	shareholder	NOUN
cjal-9207	1165	32	.	.	PUNCT
cjal-9207	1166	1	this	this	PRON
cjal-9207	1166	2	is	be	AUX
cjal-9207	1166	3	the	the	DET
cjal-9207	1166	4	current	current	ADJ
cjal-9207	1166	5	situation	situation	NOUN
cjal-9207	1166	6	in	in	ADP
cjal-9207	1166	7	the	the	DET
cjal-9207	1166	8	prc	prc	PROPN
cjal-9207	1166	9	despite	despite	SCONJ
cjal-9207	1166	10	a	a	DET
cjal-9207	1166	11	facially	facially	ADV
cjal-9207	1166	12	enabling	enable	VERB
cjal-9207	1166	13	and	and	CCONJ
cjal-9207	1166	14	shareholder	shareholder	NOUN
cjal-9207	1166	15	-empowering	-empowere	VERB
cjal-9207	1166	16	company	company	NOUN
cjal-9207	1166	17	law	law	NOUN
cjal-9207	1166	18	,	,	PUNCT
cjal-9207	1166	19	and	and	CCONJ
cjal-9207	1166	20	even	even	ADV
cjal-9207	1166	21	mandatory	mandatory	ADJ
cjal-9207	1166	22	rules	rule	NOUN
cjal-9207	1166	23	imposed	impose	VERB
cjal-9207	1166	24	by	by	ADP
cjal-9207	1166	25	the	the	DET
cjal-9207	1166	26	chinese	chinese	ADJ
cjal-9207	1166	27	securities	security	NOUN
cjal-9207	1166	28	regulator	regulator	NOUN
cjal-9207	1166	29	to	to	PART
cjal-9207	1166	30	protect	protect	VERB
cjal-9207	1166	31	such	such	ADJ
cjal-9207	1166	32	minority	minority	NOUN
cjal-9207	1166	33	investors	investor	NOUN
cjal-9207	1166	34	.	.	PUNCT
cjal-9207	1167	1	in	in	ADP
cjal-9207	1167	2	this	this	DET
cjal-9207	1167	3	article	article	NOUN
cjal-9207	1167	4	,	,	PUNCT
cjal-9207	1167	5	however	however	ADV
cjal-9207	1167	6	,	,	PUNCT
cjal-9207	1167	7	i	i	PRON
cjal-9207	1167	8	have	have	AUX
cjal-9207	1167	9	argued	argue	VERB
cjal-9207	1167	10	that	that	SCONJ
cjal-9207	1167	11	there	there	PRON
cjal-9207	1167	12	are	be	VERB
cjal-9207	1167	13	real	real	ADJ
cjal-9207	1167	14	possibilities	possibility	NOUN
cjal-9207	1167	15	for	for	ADP
cjal-9207	1167	16	a	a	DET
cjal-9207	1167	17	future	future	ADJ
cjal-9207	1167	18	shift	shift	NOUN
cjal-9207	1167	19	in	in	ADP
cjal-9207	1167	20	the	the	DET
cjal-9207	1167	21	role	role	NOUN
cjal-9207	1167	22	of	of	ADP
cjal-9207	1167	23	minority	minority	NOUN
cjal-9207	1167	24	public	public	ADJ
cjal-9207	1167	25	shareholders	shareholder	NOUN
cjal-9207	1167	26	in	in	ADP
cjal-9207	1167	27	chinese	chinese	ADJ
cjal-9207	1167	28	listed	list	VERB
cjal-9207	1167	29	firms	firm	NOUN
cjal-9207	1167	30	,	,	PUNCT
cjal-9207	1167	31	and	and	CCONJ
cjal-9207	1167	32	even	even	ADV
cjal-9207	1167	33	with	with	ADP
cjal-9207	1167	34	respect	respect	NOUN
cjal-9207	1167	35	to	to	ADP
cjal-9207	1167	36	effective	effective	ADJ
cjal-9207	1167	37	firm	firm	ADJ
cjal-9207	1167	38	monitoring	monitoring	NOUN
cjal-9207	1167	39	and	and	CCONJ
cjal-9207	1167	40	participation	participation	NOUN
cjal-9207	1167	41	in	in	ADP
cjal-9207	1167	42	corporate	corporate	ADJ
cjal-9207	1167	43	governance	governance	NOUN
cjal-9207	1167	44	.	.	PUNCT
cjal-9207	1168	1	i	i	PRON
cjal-9207	1168	2	identify	identify	VERB
cjal-9207	1168	3	two	two	NUM
cjal-9207	1168	4	possible	possible	ADJ
cjal-9207	1168	5	routes	route	NOUN
cjal-9207	1168	6	here	here	ADV
cjal-9207	1168	7	:	:	PUNCT
cjal-9207	1168	8	a	a	DET
cjal-9207	1168	9	direct	direct	ADJ
cjal-9207	1168	10	push	push	NOUN
cjal-9207	1168	11	for	for	ADP
cjal-9207	1168	12	greater	great	ADJ
cjal-9207	1168	13	minority	minority	NOUN
cjal-9207	1168	14	public	public	ADJ
cjal-9207	1168	15	shareholder	shareholder	NOUN
cjal-9207	1168	16	participation	participation	NOUN
cjal-9207	1168	17	by	by	ADP
cjal-9207	1168	18	a	a	DET
cjal-9207	1168	19	ccp	ccp	PROPN
cjal-9207	1168	20	-	-	PUNCT
cjal-9207	1168	21	led	lead	VERB
cjal-9207	1168	22	party	party	NOUN
cjal-9207	1168	23	-	-	PUNCT
cjal-9207	1168	24	state	state	NOUN
cjal-9207	1168	25	,	,	PUNCT
cjal-9207	1168	26	motivated	motivate	VERB
cjal-9207	1168	27	by	by	ADP
cjal-9207	1168	28	china	china	PROPN
cjal-9207	1168	29	's	's	PART
cjal-9207	1168	30	unique	unique	ADJ
cjal-9207	1168	31	political	political	ADJ
cjal-9207	1168	32	economy	economy	NOUN
cjal-9207	1168	33	considerations	consideration	NOUN
cjal-9207	1168	34	such	such	ADJ
cjal-9207	1168	35	as	as	ADP
cjal-9207	1168	36	concerns	concern	NOUN
cjal-9207	1168	37	about	about	ADP
cjal-9207	1168	38	popular	popular	ADJ
cjal-9207	1168	39	legitimacy	legitimacy	NOUN
cjal-9207	1168	40	and	and	CCONJ
cjal-9207	1168	41	vibrant	vibrant	ADJ
cjal-9207	1168	42	capital	capital	NOUN
cjal-9207	1168	43	markets	market	NOUN
cjal-9207	1168	44	;	;	PUNCT
cjal-9207	1168	45	and	and	CCONJ
cjal-9207	1168	46	,	,	PUNCT
cjal-9207	1168	47	changes	change	NOUN
cjal-9207	1168	48	in	in	ADP
cjal-9207	1168	49	the	the	DET
cjal-9207	1168	50	structure	structure	NOUN
cjal-9207	1168	51	of	of	ADP
cjal-9207	1168	52	party	party	NOUN
cjal-9207	1168	53	-	-	PUNCT
cjal-9207	1168	54	state	state	NOUN
cjal-9207	1168	55	control	control	NOUN
cjal-9207	1168	56	of	of	ADP
cjal-9207	1168	57	the	the	DET
cjal-9207	1168	58	economy	economy	NOUN
cjal-9207	1168	59	,	,	PUNCT
cjal-9207	1168	60	entailing	entail	VERB
cjal-9207	1168	61	increased	increase	VERB
cjal-9207	1168	62	competition	competition	NOUN
cjal-9207	1168	63	among	among	ADP
cjal-9207	1168	64	dominant	dominant	ADJ
cjal-9207	1168	65	partystate	partystate	NOUN
cjal-9207	1168	66	shareholders	shareholder	NOUN
cjal-9207	1168	67	and	and	CCONJ
cjal-9207	1168	68	development	development	NOUN
cjal-9207	1168	69	of	of	ADP
cjal-9207	1168	70	a	a	DET
cjal-9207	1168	71	narrow	narrow	ADJ
cjal-9207	1168	72	market	market	NOUN
cjal-9207	1168	73	for	for	ADP
cjal-9207	1168	74	corporate	corporate	ADJ
cjal-9207	1168	75	contro	contro	PROPN
cjal-9207	1168	76	l.	l.	PROPN
cjal-9207	1168	77	this	this	DET
cjal-9207	1168	78	article	article	NOUN
cjal-9207	1168	79	confirms	confirm	VERB
cjal-9207	1168	80	impressions	impression	NOUN
cjal-9207	1168	81	of	of	ADP
cjal-9207	1168	82	a	a	DET
cjal-9207	1168	83	global	global	ADJ
cjal-9207	1168	84	shift	shift	NOUN
cjal-9207	1168	85	towards	towards	ADP
cjal-9207	1168	86	greater	great	ADJ
cjal-9207	1168	87	empowerment	empowerment	NOUN
cjal-9207	1168	88	of	of	ADP
cjal-9207	1168	89	minority	minority	NOUN
cjal-9207	1168	90	public	public	ADJ
cjal-9207	1168	91	shareholders	shareholder	NOUN
cjal-9207	1168	92	,	,	PUNCT
cjal-9207	1168	93	even	even	ADV
cjal-9207	1168	94	in	in	ADP
cjal-9207	1168	95	capital	capital	NOUN
cjal-9207	1168	96	markets	market	NOUN
cjal-9207	1168	97	characterized	characterize	VERB
cjal-9207	1168	98	by	by	ADP
cjal-9207	1168	99	extreme	extreme	ADJ
cjal-9207	1168	100	ownership	ownership	NOUN
cjal-9207	1168	101	concentration	concentration	NOUN
cjal-9207	1168	102	.	.	PUNCT
cjal-9207	1169	1	at	at	ADP
cjal-9207	1169	2	the	the	DET
cjal-9207	1169	3	same	same	ADJ
cjal-9207	1169	4	time	time	NOUN
cjal-9207	1169	5	,	,	PUNCT
cjal-9207	1169	6	it	it	PRON
cjal-9207	1169	7	provides	provide	VERB
cjal-9207	1169	8	a	a	DET
cjal-9207	1169	9	comparative	comparative	ADJ
cjal-9207	1169	10	analysis	analysis	NOUN
cjal-9207	1169	11	of	of	ADP
cjal-9207	1169	12	the	the	DET
cjal-9207	1169	13	current	current	ADJ
cjal-9207	1169	14	situation	situation	NOUN
cjal-9207	1169	15	in	in	ADP
cjal-9207	1169	16	china	china	PROPN
cjal-9207	1169	17	and	and	CCONJ
cjal-9207	1169	18	possibilities	possibility	NOUN
cjal-9207	1169	19	for	for	ADP
cjal-9207	1169	20	the	the	DET
cjal-9207	1169	21	future	future	NOUN
cjal-9207	1169	22	,	,	PUNCT
cjal-9207	1169	23	all	all	PRON
cjal-9207	1169	24	of	of	ADP
cjal-9207	1169	25	which	which	PRON
cjal-9207	1169	26	are	be	AUX
cjal-9207	1169	27	of	of	ADP
cjal-9207	1169	28	great	great	ADJ
cjal-9207	1169	29	importance	importance	NOUN
cjal-9207	1169	30	as	as	SCONJ
cjal-9207	1169	31	china	china	PROPN
cjal-9207	1169	32	's	's	PART
cjal-9207	1169	33	capital	capital	NOUN
cjal-9207	1169	34	markets	market	NOUN
cjal-9207	1169	35	and	and	CCONJ
cjal-9207	1169	36	chinese	chinese	ADJ
cjal-9207	1169	37	firms	firm	NOUN
cjal-9207	1169	38	raising	raise	VERB
cjal-9207	1169	39	money	money	NOUN
cjal-9207	1169	40	on	on	ADP
cjal-9207	1169	41	the	the	DET
cjal-9207	1169	42	global	global	ADJ
cjal-9207	1169	43	capital	capital	NOUN
cjal-9207	1169	44	markets	market	NOUN
cjal-9207	1169	45	become	become	VERB
cjal-9207	1169	46	increasingly	increasingly	ADV
cjal-9207	1169	47	central	central	ADJ
cjal-9207	1169	48	to	to	ADP
cjal-9207	1169	49	the	the	DET
cjal-9207	1169	50	global	global	ADJ
cjal-9207	1169	51	economy	economy	NOUN
cjal-9207	1169	52	.	.	PUNCT